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Disney Makes Tough but Necessary Choices on Streaming

Disney jolted investors with record subscriber loss following a price increase at its streaming business in the second quarter—showing the trade-off between growth and profits.

The Wall Street Journal |  | Fuente original

We May Be Getting Used to High Inflation, and That’s Bad News

The more people behave as if high inflation is here to stay, the likelier it is to stay. That would force the Federal Reserve to choose between inducing a potentially deep recession to force inflation lower, or giving up on its 2% inflation target.

The Wall Street Journal |  | Fuente original

ChatGPT Is Causing a Stock-Market Ruckus

It is early days for so-called generative AI, but the tool has caused a stir. Investors race to assess the rise of artificial intelligence as a possible “iPhone moment.”

The Wall Street Journal |  | Fuente original

White House Debt-Ceiling Meeting Fails to Yield Breakthrough as Deadline Nears

President Biden and House Speaker Kevin McCarthy remained at loggerheads after a meeting Tuesday at the White House.

The Wall Street Journal |  | Fuente original

Biden Says Administration Will Propose Airline Rule to Compensate Passengers for Delays, Cancellations

The measure comes after officials found that factors within carriers’ control drove an increasing share of flight disruptions in recent years.

The Wall Street Journal |  | Fuente original

‘Over Our Dead Bodies’: Backlash Builds Against $3 Trillion Clean-Energy Push

Ballooning size of wind and solar projects draws local ire as they march closer to populated areas.

The Wall Street Journal |  | Fuente original

Tech Workers Aren’t as Rich as They Used to Be

Stock declines have wiped out billions of dollars of paper gains meant for big-ticket expenses.

The Wall Street Journal |  | Fuente original