INDIANAPOLIS (WISH) — Here’s a look at Wednesday’s trade headlines with Jane King.
CNBC survey: 50% of adults plan to cut back on their meals
Americans say they will stop eating out first to cope with inflation.
A CNBC survey indicates that if price pressure continues, more than 50% of adults say they will cut back on restaurant spending and consider cutting it further if necessary.
Casinos see record revenue in March
March was a banner month for casinos.
US casinos brought in $5.31 billion in revenue in March, the highest monthly revenue in industry history, according to the American Gaming Association.
The industry rebounded as COVID-19 restrictions lifted and casinos benefited from pent-up demand from gamblers keen to spend money on recreation and entertainment.
airnnb sees a jump in summer bookings
Airbnb is seeing 30% more nights booked for summer travel than pre-pandemic levels.
Nights booked for summer travel at unique homes increased 80% in the first three months of the year.
The company says it believes it benefits from hybrid working because people can take longer breaks and work elsewhere.
Disney+ adds more subscribers
Disney+ got more subscribers in the last quarter.
Disney CEO Bob Chapek said the streaming platform also has a new slate of shows and movies to add.
Sales at Disney theme parks were better than expected.
Research shows taking a break from social media can help anxiety and depression
Research suggests that even a brief break from tiktok, facebook, instagram, and twitter can ease symptoms of depression and anxiety.
UK researchers say that staying off social media for a week meant, for some study participants, gaining about 9 hours of free time, which improved their well-being.