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Change in interest rates after new Fed Chair Kevin Warsh’s first meeting of the Federal Open Market Committee.
Why It Matters:
Despite being appointed with the expectation that he would lower rates, economic events are pointing toward rate increases instead.
Source: cnbc.com
$22 billion
Amount Fox paid for Roku and its smart TV streaming interface that is currently used in 100 million homes globally.
Why It Matters:
Fox is betting with this and other investments that the future is in free, ad supported streaming media.
Source: apnews.com
500
Number of new pillows that the Embassy Suites of Chattanooga purchased as part of their preparations to host Spain’s national soccer team.
Why It Matters:
To bring the team there, they also transformed the restaurant into a gym. The team brought in 4 espresso machines and 400 pounds of Iberico ham.
Source: washingtonpost.com