A change at the top for Chipotle: the chain is bringing in Taco Bell CEO Brian Niccol to run the company. Chipotle has seen a drop in sales partly related to food safety issues. Niccol has run Taco Bell for three years.
Netflix adding yet another big producer to its roster for its upcoming original content. Award-winning producer-director, Ryan Murphy could be offered $300 million to work exclusively with Netflix for the next five years. Murphy is known for such hits as Glee, American Horror Story, and Nip/Tuck.
Flynn, a five-year-old Bichon Frise, took home Best in Show honors at the Westminster Kennel Club dog show on Tuesday. He beat out six other finalists, including Biggie the Pug, Slick the Border Collie, and Ty the Giant Schnauzer. Almost 2900 dogs competed in the big show, representing 202 breeds and varieties. This is Flynn's final year competing at Westminster.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
