After a decade of dominating the box office, superheroes were knocked off their pop culture throne in 2023.
Why it matters: The underperformance of several blockbuster movies from Marvel and DC has led to fears that the once-bulletproof genre is fading out of the mainstream.
Why it matters: The 3.2% cost-of-living adjustment is much smaller than in the last two years. But it still provides a boost for consumers who are dealing with inflation and higher prices.
Boeing has advised airlines to conduct inspections of its 737 Max jets for potential loose hardware in the aircrafts' rudder control systems.
Driving the news: The move comes after an unnamed international airline discovered a "bolt with a missing nut" during a routine maintenance inspection, the Federal Aviation Administration said Thursday.
TikTok star Keith Lee's presence is enough to put a city's entire food scene on high alert.
Why it matters: Lee's ability to boost business at restaurants in cities across the country has been dubbed the "Keith Lee Effect" and made his visits highly sought after for local food scenes.
Pharma and biotech deal values spiked more than 35% in 2023, per data from the London Stock Exchange Group, running counter to the broad market.
Why it matters: Health care dealmakers are primed for a busy 2024 as financing markets recover, competition heats up and drug pricing regulation takes shape.
College football fans in California and Texas are driving ticket sales for this New Year's Six bowl games, according to data SeatGeek shared with Axios.
What's happening: The ticket reseller tracked regional sales for the sport's premiere bowl games, highlighting the top five states where fans are purchasing tickets.
Consumers will be feeling the impact of streaming services' price increases in 2024, as nearly every major streamer has bumped up their subscription fees.
Why it matters: The price hikes are part of media companies' push to recoup their investments on the expensive and largely unprofitable pivot to streaming.
Non-bank lenders continue to dominate the market for mergers and acquisition (M&A) financing and other funding tools, stepping in where Wall Street remains on the sidelines.
Why it matters: The soaring private credit market is filling a banking gap created by inflation and interest rates spikes, adding both risk and reward for those seeking deals in a down market.
