Big Spending on Binge-Watching Succession may be over, but high streaming bills aren’t. That’s the harsh reality for budget-conscious streamers. More than half of millennials and Gen Z said they’re spending too much on streaming services, according to a new report from Harris Poll. On average, they said they’re committing $57 a month to streaming…Read more
Disney and Bob Iger Win Big Disney (DIS) has been having a great start to the year. Just look at its share price. We dive into what’s been going on with the entertainment giant. The proxy battle for the company’s board is over. This week, the company and its CEO, Bob Iger, defeated an effort…Read more
Consumer spending is the backbone of the U.S. economy, and the fact that Americans kept their wallets handy throughout the steep inflation of the past years helped the economy stay resilient. But a closer look reveals that it’s not quite so simple. While high-income earnings are behaving one way, lower and middle-income households are spending…Read more
