BREAKING NEWS BRIEF
Netflix continues the subscriber bleed after a new show causes angry subscribers to cancel
Netflix has faced some challenges this year. With the increased competition in the streaming space, they’re having to fight harder and harder to maintain their membership roles. And one of the ways that they’re doing that is by creating “original content.”
While networks shuffle shows, Netflix is looking inside of itself for a fix, and has been releasing an “absolute avalanche” of new programming each month without fail.
In a push like that, it’s pretty much inevitable that they’ll land upon a programming choice that will leave some subscribers upset. Which is exactly what’s happening right now.
Last September, the controversy swirled around the release of a French film titled Cuties. This time, though, subscribers are lashing out over a new show called Hype House.
If you’ve never heard of it, that’s okay, because you soon will. It’s a collective of TikTok influencers living together and all of the antics they share in this “unscripted series.”
More Breaking News
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West Virginia is planning to reward vaccination with a $100 savings bond
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MARKET UPDATE
Stock futures are flat after S&P 500 closes at record
Stock futures were flat on Tuesday as investors braced for a big batch of tech earnings.
Futures on the Dow Jones Industrial Average were up 3 points. S&P 500 futures were flat. Nasdaq-100 futures were also flat.
UPS shares soared 8% after earnings blew past Wall Street estimates. The company said first quarter revenue was up 27%.
The first-quarter earnings season kicks into high gear on Tuesday with key tech companies such as Alphabet, Microsoft and AMD reporting after the bell.
What else should you know going into the trading day?
More Market Updates
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LOOKING TO THE FUTURE
This is how higher inflation could impact your retirement
However, moderate inflation isn’t necessarily a bad thing. By the end of 2021, The Federal Reserve sees unemployment falling to just 4.5% and inflation rising to 2.4%, which could save U.S. households holding debt an average of $1,404. But that could spell bad news for retirees.
Low interest rates and stimulus checks make it easier to purchase goods and services, which in turn increases inflation. Most retirees depend on Social Security as a key source of income. Benefits are supposed to be protected against inflation, but that hasn’t been the reality.
Here’s everything you need to know.
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IT TAKES A VILLAGE
Ten tips that can make life easier in the family lane
Raising a family while keeping your life balanced is an art form. One of the most important things you can do for your family is getting support if you need it. Life with children can be a roller coaster ride. Understanding that there will be negative aspects of raising children and getting some professional help when necessary will help you maintain your sanity and make the experience more enjoyable.
Here are nine more that will make life in the family lane much easier, along with that suggestion.
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Help your kids break out of their pandemic bubble and transition back to being around others
The experts have weighed in: ten parenting tips you need
LEARNING FROM THE PAST
General Motors announced plans to phase out this popular car on this day
On April 27, 2009, General Motors (GM) shocked the world by announcing it was going to phase out and cease production of one of its most popular brands, Pontiac.
The news came as a shock because Pontiac had been a GM staple for more than 80 years. To say the car brand was popular was an understatement – it was more like an American icon.
Pontiacs were not only popular with consumers, but they were a favorite in Hollywood as well – making appearances in some well-known movies and television shows. Some of the more popular movies and shows that featured a Pontiac included Smokey and the Bandit and Knight Rider.
So what forced GM to pull the plug on such an iconic vehicle 12 years ago today?
More From This Day In History
The foundation for this famous palace was put in place 181 years ago today
It’s Ulysses S. Grant’s birthday—learn more about him here
Stay Informed,
Rex Jackson
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