When it comes to the video game industry, all eyes have been on Activision Blizzard for the last year. The publisher of multiple titles that rake in millions, such as "Overwatch" and "World of Warcraft," was the target of multiple sexual harassment allegations in 2021. Employees called for CEO Bobby Kotick's resignation, saying he was unfit to continue to lead the company. Read More...
TheStreet.com
Inflation Will Fall Soon, Economists Say
The economy could be past peak inflation rates as some supply chain constraints have eased and demand has declined, said Rick Rieder, chief investment officer of global fixed income at BlackRock. “Throughout the pandemic, strong disposable #income and limited services spending fueled consumer #spending on goods and high goods volumes created #bottlenecks and extreme #inflation,” he wrote on Twitter on May 2. Both core consumer price index (CPI) and personal consumption expenditures (PCE), which excludes food and energy inflation, peaked in March and February and should “move appreciably lower by the end of 2022,” Rieder wrote.
