Weekly Roundup 5/12/23

Our PureVest Weekly Roundup looked at the potential new CEO of Twitter after Elon Musk stepped down from the role earlier this week. A new government program will allocate as much as $10 Billion to entice new tech startups to move to the Midwest. Inflation continued to fall in April, and mortgage rates declined again. The social security administration said that the cost of living adjustment for 2024 will likely be half of what it was in 2023; this is no surprise as COLA is based on inflation. Disney Plus lost 4 million subscribers as the streaming war with Netflix continues. Tesla is raising prices on all their vehicles except the Model 3, the second straight price increase after several price cuts last year. Also, the NFL announced the 2023 schedule last night. Enjoy the light reading, and have a great weekend.
Markets & Economy:
NBCUniversal ad chief Linda Yaccarino resigns as sources say she’s in talks to be Twitter CEO
source:www.cnbc.com
U.S. aims to turn middle-American cities into new tech hubs with $500 million investment
source:www.cnbc.com
Annual inflation cooled last month to the lowest level since April 2021
source:www.cnn.com
Mortgage rates decline for the second week in a row
source:www.finance.yahoo.com
How will your Social Security COLA change in 2024?
source:www.usatoday.com
Disney+ Sheds 4 Million Subscribers in Second Straight Quarterly Drop
source:www.variety.com
Tesla raises U.S. prices for all its vehicles except Model 3
source:www.cnbc.com

Education:
History of the United States debt ceiling
source:www.wikipedia.com

Just For Fun
:2023 NFL schedule: Thanksgiving/Christmas matchups, Thursday/Monday primetime games, analysis, & more
source:www.cbssports.com
 
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