Bulls see the addition of an ad-supported subscription tier boosting revenue, but skeptics think the specifics of the plan will make it unappealing to most viewers. Read More...
Barrons.com
Inflation Was Terrible. Here’s Why the Market Rallied.
The stock market took it literally on Thursday with a massive rally following an inflation reading that everyone agreed was way too hot. The CPI rose 0.4% in September, up from 0.1% in August, and above estimates for 0.2%. Core consumer prices, which don’t include food and energy, rose 0.6%, above forecasts for 0.4%, and unchanged from August.
