Stock Market Winners & Losers: Stocks Fall as Countdown to Friday’s Jobs Report | It’s Not Too Early to Book Your Holiday Flight | Michael Jordan Now Worth $3 Billion
Loser: Stocks fall as countdown to Friday’s jobs report
- Wall Street stocks moved lower, coming off a day of gains amid a bond rout reprieve, with the focus now turning to Friday's key labor market data.
- A pullback in bond yields' blistering rally has brought some relief to battered stocks.
- US weekly jobless claims ticked higher last week but undershot economists' expectations.
- Reports indicate Netflix will raise prices again. The changes will likely come a few months after the Hollywood actors’ strike ends. It looks like the company will use it as justification to pass on more content-creation costs to consumers.
- Uber will now pick up and deliver packages to UPS stores, FedEx stores, and USPS post offices for $3 if customers subscribe to the company’s Uber One membership, or $5 otherwise.
- Not-so-average joe: Starbucks—which buys 3% of the world’s coffee. Starbucks is trying to make an Arabica bean that is more weather tolerant.
- Got returns? Call Uber. The ride-hailing service is now offering to return pre-packaged parcels for a fee of $5 for the service or $3 for its Uber One members.
- Meta Plans an Ad-Free Subscription Service for roughly $12 a month for Instagram and Facebook in the EU
WINNER: It’s Not Too Early To Book Your Holiday Flight
- Procrastination doesn’t pay.
- When it comes to holiday flights. Travel experts recommended locking in your tickets by October 14 to get the best deals
- Thanksgiving airfare of $268 is actually lower than it was in 2022 as well as the past 3 years
- Christmas flights are cheaper at $400 per flight than they were in 20222 as well, but will cost you more than in 2019.
- If Xmas is flexible consider departing on Christmas Eve or Christmas day.
- Take the first flight out to minimize delays.
- Pay extra for non-stop to avoid missed connections.
- Build in a buffer day “just in case” so you can reschedule in case of weather delays.
- Expect more people on planes and staffing shortages during the busiest time of the year.
WINNER: Michael Jordan Now Worth $3 Billion
- Michael Jordan is now so rich, he's considered one of the wealthiest Forbes 400 people in America!!!
- Forbes just bestowed the honor on the NBA legend ... after it said the sale of his stake in the Charlotte Hornets earlier this summer pushed his net worth to $3 BILLION.
- Jordan now comes in at No. 379 among the country's wealthiest 400.
- He's become the first professional athlete to ever make the list.
- His Airness, gained his fortune through NBA contracts and his huge endorsement deals with companies like Nike and Gatorade but it was the Hornets sale that pushed him into the rarified air.
- MJ's got a ways to go to climb even higher on the famed Forbes list -- cracking the top 100 requires a bankroll of nearly $9 billion –
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