Spending on services is up, but Leta Harris Neustaedter says business at her Metamorphosis Performing Arts Studio has its ebbs and flows.
The two aims shouldn’t compete, they say.
They used to sell as a guilty pleasure to be hidden away. Now they’re cool and out in the open.
“If we have a China that’s growing more slowly, there’s less opportunity” globally, says economist Adam Posen.
The CPI rose 3.1% in January compared to a year ago.
Despite inflation, people still buy as much food, medicine, gasoline — even coffee.
“They are very cozy and comforting,” said Danyel Smith of The New York Times Magazine. “Especially in these times.”
Publicly held Diamondback Energy is buying privately held oil driller Endeavor Energy Resources, creating a company worth $50 billion.
According to consumer-reported incidents on the website DownDetector, issues with the Paramount+ app spiked during pre-game coverage and continued throughout the bowl. Paramount+ says that only a small number of users were affected.
Some observers think they are a proxy for Big Tech.