The ticketing company plans to add an extra charge for movies that it thinks will be popular. Associate features editor for PCMag.com Rob Marvin joins Cheddar to explain this surge pricing announcement and how MoviePass squares up against the competition.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.