Inflation continues to rise, more rate hikes on the way and Netflix has a new partner
7/13/22
Inflation continues to rise in the latest federal report. And Netflix has a new partner for advertising. Inflation accelerated more than expected in June – surging 9.1% to yet another new 40-year high.
The Dow fell 208, or .67%, to close at 30,772
The S&P lost half a percent, or 17 points.
The Nasdaq also fell 17.
**********
Back to the Consumer Price Index, shoppers paid sharply higher prices for a bunch of things, especially gasoline, up 60% over 12-months. Year over year, energy prices jumped 41%, food up 10%, shelter went up 5.6%. These numbers show inflation might not have peaked just yet.
**********
And these numbers may lead The Federal Reserve, many say, to hike rates this month by a historic *one full percentage point. Fed officials now say “everything is in play”. 75 basis points was already the anticipated move later this month now some say the Fed could go to 100 points to aggressively attack inflation.
**********
Netflix is jumping into advertising, and is taking Microsoft along for the ride. Netflix has struggled to retain and add subscribers. Now, it’ll partner with Microsoft to roll out an ad-supported tier after years of resisting the move.
**********
From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.
Видео Inflation continues to rise, more rate hikes on the way and Netflix has a new partner канала BEONDTV
Inflation continues to rise in the latest federal report. And Netflix has a new partner for advertising. Inflation accelerated more than expected in June – surging 9.1% to yet another new 40-year high.
The Dow fell 208, or .67%, to close at 30,772
The S&P lost half a percent, or 17 points.
The Nasdaq also fell 17.
**********
Back to the Consumer Price Index, shoppers paid sharply higher prices for a bunch of things, especially gasoline, up 60% over 12-months. Year over year, energy prices jumped 41%, food up 10%, shelter went up 5.6%. These numbers show inflation might not have peaked just yet.
**********
And these numbers may lead The Federal Reserve, many say, to hike rates this month by a historic *one full percentage point. Fed officials now say “everything is in play”. 75 basis points was already the anticipated move later this month now some say the Fed could go to 100 points to aggressively attack inflation.
**********
Netflix is jumping into advertising, and is taking Microsoft along for the ride. Netflix has struggled to retain and add subscribers. Now, it’ll partner with Microsoft to roll out an ad-supported tier after years of resisting the move.
**********
From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.
Видео Inflation continues to rise, more rate hikes on the way and Netflix has a new partner канала BEONDTV
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
!["Lights, Camera, Vegas with Rachel Smith" Episode 11](https://i.ytimg.com/vi/pGyD-cuIusQ/default.jpg)
![Musk backing out of Twitter buy? Plus consumer spending drops](https://i.ytimg.com/vi/R4oWNIHlHjQ/default.jpg)
![Now Streaming News: "The Swearing Jar" starring Patrick J. Adams, Adelaide Clemens & Kathleen Turner](https://i.ytimg.com/vi/4vhcqAGOWDE/default.jpg)
![After the Bell Business Report 3/22/22](https://i.ytimg.com/vi/tZ67fHU4i6s/default.jpg)
![Digital Creator Shira Lazar on Women in Web3](https://i.ytimg.com/vi/S4AsLDCFf6o/default.jpg)
![Actor Keegan-Michael Key on “Schmigadoon!” and his love for musicals](https://i.ytimg.com/vi/g4STOz9RgcI/default.jpg)
![Would you go on a vacation with a stranger?](https://i.ytimg.com/vi/NFHV2fJkBvM/default.jpg)
![500k new jobs, Amazon buys iRobot and Choco Taco return?](https://i.ytimg.com/vi/r_gKYQifO-Y/default.jpg)
![“Black Bird” stars Taron Egerton and Greg Kinnear](https://i.ytimg.com/vi/ugBZMO0E6Pw/default.jpg)
!["Succession" returns & Kiefer's explosive new roll on "Now Streaming News"](https://i.ytimg.com/vi/uhbAwnKZ71M/default.jpg)
![Now Streaming News: "The Proud Family: Louder and Prouder" on Disney+](https://i.ytimg.com/vi/z9VxOgmoLSI/default.jpg)
![From "Making the Cut" to expanding his brand, get to know Dushyant Asthana](https://i.ytimg.com/vi/sAEYhDMrae4/default.jpg)
![Meditate with Sister Jenna](https://i.ytimg.com/vi/40Jd80hHAsQ/default.jpg)
![Kinga Philipps visits John's Camp in Zimbabwe](https://i.ytimg.com/vi/unWRqMdows8/default.jpg)
![Janelle Monáe wrote an album while filming “Glass Onion”](https://i.ytimg.com/vi/9uLWsYnjIiE/default.jpg)
![Homeland Security warning over fake Super Bowl merchandise](https://i.ytimg.com/vi/C7xPOCKlWl8/default.jpg)
![Dr. Susan Smith Jones helps us navigate stress with "Uplifted"](https://i.ytimg.com/vi/YtY58Rs8RUc/default.jpg)
![“Teachers should be celebrated way more than entertainers should” - Joseph Gordon-Levitt](https://i.ytimg.com/vi/ZXTlydUW7GA/default.jpg)
![“The Northman” reunites Alexander Skarsgård and Nicole Kidman](https://i.ytimg.com/vi/eYvYulz6z18/default.jpg)
![Do you nap? Carlos is an expert napper!](https://i.ytimg.com/vi/OPdnhAHvI1Y/default.jpg)
![Chickpeas are a great replacement in a vegan tuna salad!](https://i.ytimg.com/vi/Qc6_iiWFM7w/default.jpg)