sales rose during the month of february. is a weathert story. i know you re sick of talking about it. jpmorgan chase estimated that in january we spent 24 billion dollars extra just staying warm on gas, electricity, money that did not go to dining out and two dresses and things like that. we re going to look to date to things like building materials. do we buy more snow shovels, snowblowers and salt? it might give us a rough indication of whether we kept spending, but clicking the mouse at home instead. you mentioned the cars. they stole sold more units, about dollar volumes, it includes service and cost of parts. that category could go either way. watch coreg to retail sales. leave out cars and gas. you have what goes into gdp and that will tell us something. how ishe weather, this report? we talked about how much a shift towards internet shopping there is. havees seem that investors figured this out. they do not care about it as much as some other numbers. it is alway
three-day losing streak in nearly four months. that index is down nearly 2% in the last three sessions, closing yesterday at 1775. the s&p 500 is up about 27% year-to-date. we are going to talk more about the fed markets. that s coming up at 8:30 eastern time. the producer price index for november will be released at 8:30 a.m. eastern time. congress are expecting a reading that shows an unchanged reading. right now, take a look at the futures. at this point, dow futures are indicated up higher, up about 47 points. s&p futures up by 7 points. right now, let s get over to andrew with more of today s top corporate stories. andrew. we ve got a lot of news for you, the first one being that directv is now exploring the idea of an online video service. the company plans to target what they call price sensitive young people. other commerce have dropped their pay tv service. directv and the nfl have agreed to a framework to renew the popular sunday ticket pass. also, coca-cola sayin
High atop a Century City tower with floor-to-ceiling views of the Westside, a group of venture capitalists, other investors and startup founders picked at charcuterie boards, sipped drinks and debated the future of tech ventures .
Investment in tech startups in the Los Angeles region were down 63% last year from 2021, as the city has struggled to promote itself as an alternative to Silicon Valley and New York.