What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like when it hits maturity. Netflix’s growth stage hit warp speed during the COVID-19 pandemic, then fell off in the first quarter after nearly a year of staggering growth. When the […]

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U.S. stocks slip as sentiment survey shows Americans prepping for highest inflation since 2008

U.S. stock indexes were trading lower midday Friday, but off the lows, as data showing a fall consumer sentiment overshadowed an earlier report on a sharp rise in retail sales, while corporate earnings reports remained mixed. Federal Reserve Chairman Jerome Powell this week again reassured markets that a rise inflation was likely to be temporary, […]

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