It appears fans did not feel like watching most of Monday’s College Football Playoff title game between Georgia and TCU, and it’s difficult to blame them. The 65-7 show of force from Georgia on its way to a second consecutive national championship drew only 17.223 million viewers for ESPN’s family of channels, according to Austin Karp of Sports Business Journal. That number reportedly makes the Bulldogs’ win the least-watched college football title game since the beginning of the BCS in… Source link
Read More »Short-term inflation expectations drop to lowest level since ’21: NY Fed
Consumer expectations for inflation over the next year dropped to the lowest level since July 2021, according to a survey from the New York Federal Reserve released Monday. Expectations for inflation one year ahead fell in December by 0.2 percentage points to 5%. However, three-year-ahead inflation expectations were unchanged in December at 3%. Inflation expectations for the next five years inched up by 0.1 percentage point to 2.4%. The incremental drop in short-term expectations is… Source link
Read More »AMC stock hits lowest point since January 2021
AMC stock (AMC) slid almost 8% on Monday, hitting the lowest level since the meme stock frenzy began in January 2021. Shares closed at $4.89 each. The theater operator announced that it has so far raised $162 million through the sale of its APE (APE) units, a preferred equity program launched earlier this year, and has slashed its debt obligations by approximately $180 million this year through a combination of refinancing and repurchasing part of its debt at a discount. AMC stock is down… Source link
Read More »Commanders RB Brian Robinson recounts ‘ ‘lowest point I’ve ever been in my life’ and ‘beautiful’ return to practice after shooting
At 5:28 p.m. on Aug. 28, Brian Robinson Jr. saw his football future flicker. Two teenage assailants approached Robinson on a crowded Washington D.C. street lined with restaurants and bars. They were brandishing guns and they intended to rob the Washington Commanders rookie running back, police say. Robinson fended off one attacker. The other shot Robinson twice, one bullet striking his right glute and the other passing through his right knee. Robinson’s injuries weren’t deemed… Source link
Read More »Rutgers vs. Iowa total is lowest of the century
When watching the Iowa Hawkeyes play offense, some might say that they’re setting college football back 20 years. Well, oddsmakers aren’t exactly disagreeing this week. The total for their game this weekend against Rutgers is currently set at 33.5 points at BetMGM. If the total closes this low, it’ll be the lowest total between two FBS teams since 1995. Both teams struggle offensively You know a game is going to be a defensive struggle when one of the highlighted marquee matchups ahead of… Source link
Read More »U.S. savings rate hits lowest level since 2008 — why economists aren’t concerned
With inflation surging and pandemic-related stimulus rolling off the books, U.S. savers are under pressure. In April, the U.S. personal savings rate fell to 4.4%, the lowest since September 2008, according to data from the Commerce Department published Friday. “In a typical cycle, a sharp drop in the saving rate would be a warning sign about the sustainability of spending,” Wells Fargo economists led by Tim Quinlan wrote in a note published earlier this week. “Because balance sheets are in such… Source link
Read More »Bitcoin Flirts With Lowest Level Since 2021 as Equities Drop
(Bloomberg) — Bitcoin is falling toward levels last seen in July 2021, part of a wider retreat in cryptocurrencies amid a global flight from riskier investments. Most Read from Bloomberg The world’s largest digital token dropped as much as 2.7% on Monday and was trading at $33,531 as of 10:28 a.m. in London. The second biggest, Ether, shed as much 4.6%. Most major virtual coins were under pressure over the weekend and the downbeat mood carried over into Monday. Equities in Asia and Europe… Source link
Read More »Jobless claims hold near their lowest levels since the 1960s
Weekly unemployment claims held near their lowest levels since the 1960s, with a strong labor market and improving levels of unemployment remaining a bright spot in the U.S. economy. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended April 16: 184,000 vs. 180,000 expected and an upwardly revised 186,000 during prior… Source link
Read More »Jobless claims totaled 184,000 last week, reaching lowest since 1969
New initial jobless claims improved much more than expected last week to reach the lowest level in more than five decades, further pointing to the tightness of the present labor market as many employers seek to retain workers. The Labor Department released its weekly jobless claims report on Thursday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended Dec. 4: 184,000 vs. 220,000 expected and an upwardly… Source link
Read More »Weekly jobless claims total 199,000, reaching the lowest since1969
New jobless claims fell far more than expected to the lowest level since November 1969 last week, underscoring the present tight labor market conditions as initial unemployment claims near 2019 levels while job openings hold near record highs. The Labor Department released its jobless claims report on Wednesday, a day earlier than usual due to the Thanksgiving holiday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment… Source link
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