Apple Music is on track to outpace Spotify in the U.S. According to The Wall Street Journal, Apple Music has been growing its subscriber base by 5% every month, while competitor Spotify has only been growing by 2% per month. If both companies continue to grow at the current pace, Apple Music will overtake Spotify by this summer.
We dive into what's behind the latest ups and downs in the stock market. The Dow set a record for the largest two-day drop since the Brexit vote in June 2016. Chad Morganlander, Portfolio Manager at Washington Crossing Advisors, believes it would be healthy for markets to continue to pull back.
Sean Black, co-founder and CEO of Knock, tells Cheddar about his plans to take his company public in 2020. Knock is a start-up company that allows homeowners to sell or trade their homes for better ones.
Plus, we break down the Super Bowl advertising wins and losses. Amy Avery from Droga5 and Jeanine Poggi from Ad Age weigh in on their favorite commercials of the night. Overall, they say Tide ran a very successful ad campaign, while Ram's ad campaign sparked criticism from many viewers.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
The largest South American airline altered its travel policy because Taylor Swift was supposed to perform in Argentina's capital on Friday but moved the date to Sunday because of inclement weather.
