Fox Sports has sold all of its advertising inventory for Super Bowl LIV, the company has confirmed to Axios. It's sold a total of 77 spots, with the most expensive 30-second spot costing $5.6 million.
Why it matters: The Super Bowl is one of the most visible advertising opportunities in America, next to the Olympics. As more television viewing moves to on-demand streaming, there are fewer big opportunities for advertisers to reach consumers live.
Children ages 1–3 years old are increasingly watching TV or using screen time in "high amounts," according to an analysis by the National Institutes of Health released Monday.
Why it matters: The World Health Organization and pediatric societies have recommended that preschool-age children get no more than one hour of screen time a day and should spend time being active. The average daily time spent using screens increased from 53 minutes at age 1 to more than 150 minutes at age 3, per the NIH.
2020 could be "one of the strongest years on record" for the U.S. commercial real estate industry, according to a market outlook released Wednesday by CBRE, the world's biggest commercial real estate servicer and investment firm.
Why it matters: Commercial real estate activity tends to be a leading economic indicator, and growth in the sector translates to more jobs and investments in local communities.
Eighteen states rang in 2019 with minimum wage increases — some that will ultimately rise as high as $15 an hour — and so far, opponents' dire predictions of job losses have not come true.
What it means: The data paint a clear picture: Higher minimum wage requirements haven't reduced hiring in low-wage industries or overall.
Around a month ago, President Trump started asking people about Jenna Ellis. The constitutional law attorney appears frequently on Fox and joined the Trump 2020 Advisory Board about a year ago.
Why it matters: Trump has said he's impressed by Ellis' TV appearances, according to a person close to him. He indicated that he wanted to give her a bigger job, and his team briefly discussed bringing her into the White House.
2020 candidate Andrew Yang tweeted Saturday he won't appear on MSNBC unless the network apologizes for omitting him from several graphics and giving him less speaking time than his presidential rivals at the latest Democratic debate.
France's LVMH has agreed to buy U.S. luxury jeweler Tiffany & Co. for around $18.5 billion, or $135 per share, according to CNBC's David Faber.
Why it matters: This deal is largely about trade war opportunism, as Tiffany has been hammered by decreased Chinese tourism to the U.S. It's tried to offset that by opening more stores within China, but it's been hampered there by new Chinese tariffs on U.S.-made jewelry.
