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☆ Chart of the Week: Has OIH hit a plateau?
▼ + stars: | 2022-11-23 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChart of the Week: Has OIH hit a plateau? The traders look at whether oil and oil services have plateaued. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Guy Adami, Steve Grasso and Julie Biel.

☆ Disney is counting on Bob Iger to make hard decisions about its streaming and TV assets – or find someone who will
▼ + stars: | 2022-11-22 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Of course, while Iger said Disney was all-in on streaming, the reality was it wasn't, and it still isn't. Part of that shift was Disney's realization that it likely wasn't going to hit its target of 230 million to 260 million Disney+ subscribers by 2024. Disney shares have fallen nearly 40% this year. Disney shares surged during the pandemic even as theme parks closed and movies were kept out of theaters. "The old plan can't be the new plan," Greenfield said.

☆ Fed's Bullard says rate hikes have had 'only limited effects' on inflation so far
▼ + stars: | 2022-11-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Using standards set by Stanford economics professor John Taylor, Bullard insisted that the moves the Fed has made so far are insufficient. "Thus far, the change in the monetary policy stance appears to have had only limited effects on observed inflation, but market pricing suggests disinflation is expected in 2023," he said. "To attain a sufficiently restrictive level, the policy rate will need to be increased further," he added in the presentation. The Fed has approved four consecutive 0.75 percentage point rate increases, and markets widely expect the December FOMC meeting to yield a 0.5 percentage point move. Also, San Francisco Fed President Mary Daly told CNBC on Wednesday that she expects more rate increases and that a "pause is off the table" even with a lower level of rate increases.

A UN study last year found "negligible" correlation between household food waste and gross domestic product, indicating most countries "have room to improve." "We do have a long way to make the goal," said Jean Buzby, the food waste liaison at the U.S. Department of Agriculture. The USDA, the Environmental Protection Agency and the Food and Drug Administration agreed in 2018 to tackle America's food waste together. A spokesman for New Zealand's environment ministry said the country is finalizing its baseline food waste estimate so it can establish a target. SLOWEST GAZELLEIn California, which has America's most ambitious climate policies, officials are trying to ensure food waste goes to composting, not landfills.

☆ Thanksgiving is two weeks away. Get your updated Covid-19 shot now, health officials warn
▼ + stars: | 2022-11-10 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +8 min

CNN —With Thanksgiving just two weeks away, people who are eligible for an updated Covid-19 vaccine booster but still haven’t received the shot will need to roll up their sleeves Thursday to get as much protection as possible before the holiday. After getting the updated Covid-19 vaccine, that biological process can take about 10 to 14 days. Health officials say it’s fine to get the updated Covid-19 booster and flu vaccine at the same time. The vaccine candidate contains components of the companies’ updated Covid-19 booster and their investigational flu vaccine. Moderna is also developing a combined flu and Covid-19 mRNA vaccine and another combination vaccine targeting flu, Covid-19 and RSV.

All eyes are turning to the latest U.S. inflation figures, but all tongues are wagging about the crash in crypto. U.S. rates market have been comfortable pricing an implied terminal rate above 5%, to be reached some time in the middle of next year, for over a week. Bitcoin sank 10% on Tuesday and 12% on Wednesday to a two-year low below $16,500. The web of holdings and investments between crypto and tech is murky, but real. Tesla shares sank to a two-year low on Wednesday, and Cathie Wood's ARKK Innovation ETF slumped to a five-year low - it is down 80% from its peak last year.

☆ Shonda Rhimes is among the creators unhappy with Netflix's mid-video ads, sources say
▼ + stars: | 2022-11-04 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Netflix has told creators it won't be sharing any revenue from advertising with them, the people said. Rhimes signed a multiyear deal with Netflix in 2021 to exclusively make content for the streaming service. When she inked the deal, Netflix had a firm policy not to include advertising in its programming, a longtime tenet of co-founder and co-CEO Reed Hastings. Netflix executives have told creators they have thoughtfully placed midroll advertising at intervals that make sense with each episode's storyline, according to people familiar with the matter. They've also told creators they don't expect that many people to sign up for the basic advertising tier relative to subscribers who will pay for no commercials, the people said.

Across the United States, cases of respiratory syncytial virus, or RSV, and influenza are increasing. Influenza activity continues to increase in the US – the number of flu illnesses, hospitalizations and deaths so far this season nearly doubled in the past week. RSV cases are also increasing nationally, although there are regional differences in the circulation of these viruses, Romero said. In the South and Mountain West, RSV cases appear to have peaked in October. There are signs that RSV cases are slowing in the southern region of the US, but test positivity rates and cases continue to rise in other regions, especially the Midwest.

☆ Netflix will charge $6.99 a month for new ad-supported tier starting Nov. 3 in U.S.
▼ + stars: | 2022-10-13 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

Netflix will charge $6.99 per month for its new advertising-supported tier, which the company will roll out in the U.S. on Nov. 3. Netflix's "Basic with ads" tier will include an average of four to five minutes of commercials each hour and won't give users the ability to download movies and TV series. A limited number of TV series and movies will initially be unavailable due to licensing restrictions. To help advertisers understand reach, ratings company Nielsen will use its standard digital audience measurement, Digital Ad Ratings, in the U.S. beginning in 2023. The streaming company will have hundreds of advertisers at launch and has nearly sold out its inventory, the company said in a media conference call.

☆ Tom Rutledge, who turned Charter into a cable powerhouse, to step down as CEO
▼ + stars: | 2022-09-21 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Chairman and CEO of Charter Communications Tom Rutledge speaks at The New York Times DealBook Conference at Jazz at Lincoln Center on November 10, 2016 in New York City. Charter Communications Chief Executive Tom Rutledge will step down on Dec. 1 after a decade at the helm and half a century in the cable industry. Rutledge turned Charter from a relatively small regional cable company into the No. 2 provider in the U.S. by orchestrating an audacious takeover of Time Warner Cable, announced in 2015, for nearly $79 billion including debt. WATCH: Charter CEO Tom Rutledge to step down, will remain exec.

Nearly half of Gen Xers say they're living paycheck to paycheck, and only 53% have an emergency fund. Pew Research Center defines Gen X as Americans aged 39 to 54 in 2019, accounting for one-third of the overall workforce. 1 stressor, Gen Xers on the whole fall short when it comes to savings, according to the MetLife survey, and it's contributing to their unhappiness at work. What's more, 48% of Gen Xers said they're living paycheck to paycheck. Interestingly, Gen X placed equal emphasis on retirement and homeownership being their top priorities, followed by being debt-free.

☆ Here's why bitcoin boomed in 2016
▼ + stars: | 2016-12-28 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +6 min

According to Bitcoin, the cryptocurrency saw an annual gain of 54% in 2016, outperforming all fiat currencies, most of which stumbled this year. Blockchain technology, which is best known for powering Bitcoin and other cryptocurrencies, is gaining steam among finance firms because of its potential to streamline processes and increase efficiency. As a result, venture capital firms and financial institutions alike are pouring investment into finding, developing, and testing blockchain use cases. Banks and major financial institutions are working both collaboratively and independently to develop blockchain tech. Over 50 major financial institutions are involved with collaborative blockchain startups, like R3 CEV or Chain.

Persons: it's, Bitcoin, Dow Jones, It's, Trump, Jaime Toplin, Banks Organizations: Nasdaq, Lisk, That's, Insider Intelligence, Business, Aite, CEV Locations: London, US, Santander, blockchain

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