On today’s edition of Rob Black’s Winners & Losers, financial expert Rob Black talks with KRON4’s James Fletcher about the stock market, teen spending, and Apple Music.
Rob also answers the viewer question, “Where can I get a good yield on my cash?”
Stock market could hit record high: The S&P 500 is up 23 percent in 3½ months with little more than a 3 percent pullback along the way, according to CNBC.
Teens are spending $2,600 per year on food and clothes: Teenagers on average are spending $2,600 annually on food and clothes, favoring retailers Lululemon, Ulta, Amazon and Vans, along with fast-food chains like Chick-fil-A and Chipotle, according to a new survey per Yahoo Finance.
Apple Music beating Spotify: Apple Music has passed Spotify in terms of paid U.S. subscribers, according to The Wall Street Journal.
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