officially

Disney+ officially launches ad-supported $7.99 tier to push for profitability

Disney+ officially launches ad-supported $7.99 tier to push for profitability

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Disney+ (DIS) has officially launched its ad-supported tier. The new deal – which comes a month after the highly anticipated ad-supported Netflix (NFLX) debut – costs $7.99 per month, $3 less than the ad-free version of Disney+ which now costs $10.99 per month. “Price hikes are hitting many of the major streaming platforms as the …

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The Fed's housing market 'reset' officially triggered the second biggest post-war house price correction

The Fed’s housing market ‘reset’ officially triggered the second biggest post-war house price correction

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In June, Fed Chairman Jerome Powell told reporters that the overheated US housing market – which has seen US home prices rise more than 40% in just over two years – had need a “reset”. And higher mortgage rates, he said, would slowly bring “equilibrium” back to the market. “We saw [home] prices have risen …

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