Julia Roberts was reportedly paid about $1.5m for this 45 second spot for Lavazza. That’s $250k per smile.
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The investment portfolio advice service launched this week and is among the new breed of financal supermarket killers.
Powell reiterated that he doesn’t think the Fed will cut rates at its March meeting, signaling that mid-year would likely be a better time to introduce a cut, citing the need for more data to illustrate that recent gains in controlling inflation aren’t transitory.
Despite signs of a cooling labor market, with employment data showing a lower-than-expected growth in new private sector jobs and an uptick in the unemployment rate, the market remains optimistic about the future.
The data and chart are from the United Nations. Bill Luby adds some detail on the rising prices: Among the various sub-indices, […]