Disney’s animation studios have struggled to generate box-office returns recently while Universal’s Illumination and DreamWorks studios continue to deliver. Source: Universal banks on ‘Migration’ to expand its animation lead over Disney
Category: CNBC
Nike lowered its revenue outlook for the fiscal year and unveiled a plan to cut $2 billion in costs. Source: Nike, Foot Locker shares sink after sneaker maker cuts revenue outlook
Fed’s favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected
The core personal consumption expenditures price index was expected to increase 0.1% in November and 3.3% from a year ago. Source: Fed’s favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected