Placer.ai, the business location analytics company, examined the rising success of sub franchises like Jersey Mike's and its 'affluent suburb' patrons.
Bitcoin (CRYPTO: BTC) surged past $50,000 this week, catapulting to a $1-trillion market valuation just a month after the Securities and Exchange Commission granted approval for the first spot Bitcoin exchange-traded fund.
S&P 500 and Nasdaq 100 ended 5-week winning streak due to higher than expected inflation reports, raising concerns about Fed rate cuts. Treasury yields rose, impacting markets negatively. Tech, consumer discretionary, and real estate sectors were affected. Major indices and ETFs saw mixed performance this week, with energy and materials sectors performing the best while technology sector saw a decline.
Wall Street takes pause after stronger-than-expected producer inflation report, potentially delaying Fed rate cuts and impacting major indices and stocks.
Potential collaboration between Paramount Global and Comcast the streaming space. Talks reveal options like a joint venture, aiming to cut costs and enhance content offerings, especially in live sports.