US stocks trade mostly lower as jump in oil prices reignites inflation fears

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Any further interest rate hikes would be a surprise to investors, based on the CME FedWatch Tool, which is pricing in a rate cut in May 2024.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commentingThe former Treasury Secretary is encouraged by recent jobs data, but told Bloomberg TV that union activity could become an economic disruptor.If you are a customer of Charter's Spectrum , you won't be finding Disney-owned channels in your cable lineup.

Feldman says that's interesting because, historically, media companies have been able to raise the prices of their channels by about 5% to 6% a year. "We've hit this tipping point now where the media companies simply can't raise prices fast enough to offset the loss of paid TV subscribers," Feldman says, going on to say that it has "emboldened" cable companies to start discussing the possibility of a new model.

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