Business

Thursday, October 17, 2019

Business briefly: Netflix subscriber growth slowing as streaming war looms - The latest miss on U.S. subscriber growth “spells trouble for the company ahead of heightened competition,” said eMarketer analyst Eric Haggstrom. “The fourth quarter represents a completely new ballgame for Netflix.”... Read More

U.S. economy a mess of contradictions in housing, retail reports - “Looking at Q3, retail sales look fine — adding to growth — but looking at Q4 and beyond, I think the picture is weaker,” said Ian Shepherdson, chief economist at Pantheon Macroeconomics. “Spending for the last couple of quarters has been... Read More

Low mortgage rate pushes home sales up 9.2%, report shows - The median price of a resale house in the Los Angeles metro area hit $545,000 last month, up 4.8%.... Read More

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57,000 Kaiser employees in California vote to ratify new labor contract - Some 57,000 Kaiser Permanente workers in California have voted to ratify a new four-year labor contract.... Read More

10 reasons to buy a California home sooner rather than later - Five of the 11 big metro areas with the steepest jumps in price reductions this year were in the Golden State, according to Zillow stats.... Read More

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