Youre not here tonight because youre afraid of being on the stage and defending your record. Youre ducking these things. Thats Chris Christie with a direct attack on donald trump. And christie wasnt the only republican president ial candidate to address the former president s absence from last nights debate stage. There werent that many other attacks, though. But well bring you that and other big moments from last night. Donald trump actually wasnt watching because he was instead on a stage by himself in michigan speaking to a crowd of mostly nonunion auto workers and criticizing the union strike against detroits big three. And meanwhile in washington it appears that farright republicans in the house are ready to shutdown the government over one key funding item. Well tell you what that is just ahead. Good morning and welcome to way too early on this thursday, september 28th. Im jonathan lemire. Thanks for starting your day with us. Weve got a big show ahead, and we begin this morning
Shares of Peloton are sinking in premarket trading after the fitness-equipment maker reported another decline in paying subscribers and said the costs of an…
instructors became household names. its product, a fixture in pop culture, even making a sex and billions. it spent like that pandemic behavior would last frr. it hasn t. gyms have reopened, bike and subscription sales are stagnating, peloton has too much inventory. to help, they brought on a new ceo, cut prices for treadmills and bikes, but plans to sell peloton to third party retailers, but the turnaround is slow, at least by wall street standards. peloton shares, john, fell nearly 9%, hit a record low. the company s value now just $4 billion. that s a 90% drop from the high last year, when it was worth $47 billion, john. christine romans, thank you very much. he had us glued to the screen as the nice farmer in babe and the evil cop in l.a. confidential, but james cromwell literally glued himself
netflix s stock price is plunging, it s fallen more than 20% today after the company announced its earnings report. numbers are slightly below expectations. waning growth is one reason it announced it would raise prices in the u.s. and canada. okay. and listen to this, another pandemic power house is also losing speed. peloton shares are down nearly 25%. that s the lowest level in nearly two years. yesterday the company s ceo announced it may slow production of its bikes and treadmills and lay off workers as demand stalls for those products. the median home sale price rose last year to $346,900, up almost 17% from 2020, according to the national association of realtors, and more than 6 million homes were sold last year. that s the most since 2006. vanessa yurkevich joins us now. this is good news for homeowners, bad news for home buyers. so what are you hearing?
than last year. electricity up 6% almost. heating oil up 35%. look at propane costs. these are real tough increases for consumers. up 44%. that means taken together, u.s. households will pay up to $17 more for heat this winter, depending on where they live and what type of fuel they use. all right. spoil alert. if you re a fan of show time s billions, wegs says he s not going out like mr. big. watch. hear you re having a heart attack. i m doing a pale ayton a pn class with my girlfriend. she s young. a heart attack on a peloton bike. peloton shares plunged when mr. big died when riding a peloton in the seconds and the