Everything is going "smart" these days...your cars and home, for example. But what about your hotel room? Hilton launched its first "connected room" on Tuesday, which aims to give guests a customizable stay by using just their phone.
Hilton's "connected room" can: sync guest's Netflix account with the TV, adjust the thermostat to a guest's preference, and personalize photos in the room. Sloser talks about how Hilton plans to change consumer behavior so that this connected room is successful.
Plus, how Hilton plans to collect guests' data in order for this connection room to work. Sloser talks about the privacy concerns and what the company is doing to ensure personal information isn't compromised.
Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
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.