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Comcast cable spinoff reflects rapidly changing streaming landscape

by Samantha Fields
Nov 20, 2024
Media giants see the economics of cable TV weakening and consumer interest shifting to streaming, experts say, despite profitability issues.
In a shot from April 2023, then-House Speaker Kevin McCarthy appeared on CNBC, one of the cable properties that Comcast is spinning off into a new company.
Michael M. Santiago/Getty Images
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Inflation expectations are calm, but some expect that to change

by Mitchell Hartman
Nov 20, 2024
The Federal Reserve may take note of whether businesses anticipate having to pay higher wages or raise prices under the next administration.
Consumers want prices to fall back to pre-pandemic levels, said Chris Jackson, head of public polling at Ipsos.
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Shelf Life

To understand Nvidia, take a look at its CEO and culture

by Tae Kim
Nov 20, 2024
Fear and anxiety became Jensen Huang's favorite motivational tools, writes author Tae Kim in his upcoming book "The Nvidia Way."
In his book about Nvidia, Tae Kim says CEO Jensen Huang, above, once told his executive staff: “There may be people smarter than me, but no one is ever going to work harder than me.”
Mads Claus Rasmussen/Ritzau Scanpix/AFP via Getty Images
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A Warmer World

The weather's been unusually warm this fall. That's affecting what we buy — and don't buy.

by Stephanie Hughes
Nov 20, 2024
Some retailers are having to adapt to climate change.
A lot of retailers have had a hard time moving coats and sweaters this fall, said Katie Thomas at Kearney.
Justin Sullivan/Getty Images
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My Economy

Violin maker crafts a strategy to deal with tariffs

by Sofia Terenzio
Nov 20, 2024
With import charges looming, Wesley Rule, owner of Knoxville Fine Violins, is considering alternatives to Chinese-made instruments.
Wesley Rule is a luthier, or stringed-instrument craftsman.
Courtesy Wesley Rule
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Is long-haul trucking really facing a driver shortage?

by David Brancaccio , Chris Farrell and Alex Schroeder
Nov 20, 2024
A new government-directed study casts doubt on the long-held idea that trucking is facing a labor shortage.
Based on average wages from 2006 to 2024, experts found long-distance truckers have been making less than their peers working in residential construction.
Chip Somodevilla/Getty Images
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How moving beyond the traditional team model can move organizations forward

by David Brancaccio and Nic Perez
Nov 20, 2024
Keith Ferrazzi looked at 3,000 successful teams and asked the question: What are the most effective practices of those teams?
"I think we spend too much time looking upward at our leaders. We need to spend more time looking at each other and how we work together," said author Keith Ferrazzi.
dusanpetkovic via Getty Images
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For college grads, the labor market grows a bit weaker

by Elizabeth Trovall
Nov 20, 2024
At 5.3%, the unemployment rate for young university graduates is at its highest in around three years, said New York Fed economist Richard Deitz.
At 5.3%, the unemployment rate for young university graduates is at its highest in around three years, said Richard Deitz at the New York Fed.
Christina House/Los Angeles Times via Getty Images
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Central banks are worried about inflation flaring up again

by Henry Epp
Nov 19, 2024
Conflict in Ukraine and the Middle East, potential trade wars and climate disasters have monetary policymakers around the globe on edge.
Ongoing real wars and potential trade wars are among the conditions that have monetary officials on edge in several countries.
Lisa Maree Williams/Getty Images
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Why restaurants are on the private equity menu

by Kristin Schwab
Nov 19, 2024
Blackstone buys a majority stake in sandwich chain Jersey Mike’s. Fast-casual is a growing segment of the enormous but risky restaurant trade.
Blackstone has acquired majority ownership of Jersey Mike’s, a sandwich chain with about 3,000 locations.
Justin Sullivan/Getty Images
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