Marketwatch First Take: Can The Fed Stop Deflation?

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The streaming service Netflix ended the 2024 year on a high as they added 19 million new subscribers in the final quarter, making this the biggest rise in a single quarter yet. Not only did the subscriber figures increase, but so did the annual operating income as this exceeded $10 billion for the first time in the company’s history. The year concluded with 301.63 million subscribers worldwide, with Netflix’s paid-for memberships starting at $7.99 a month. In a shareholder letter, the company cites the reasons why this substantial growth likely took place: “In Q4, membership growth was driven by broad strength across our content slate, improved product/market fit across all regions and typical Q4 seasonality.” While the figures have been very positive, the streaming service announced last year it would no longer be reporting paid memberships on a regular quarterly basis from 2025.

Elon Musk, Donald Trump, and Larry Ellison. ASSOCIATED PRESSPresident Donald Trump said he would be open to Elon Musk or Larry Ellison buying TikTok. Trump previously floated a joint venture, saying that the US should own half of the app. Trump has signed an executive order that gives TikTok another 75 days to figure out a new game plan.

Ukrainian paratroopers said the North Korean soldier they captured struck his head against a concrete pillar. Airborne Assault Troops of the Armed Forces of UkraineUkrainian paratroopers said a North Korean soldier they captured ran into a pillar to knock himself out. They said they found him alone on the battlefield with a grenade, a knife, and some food.

President Trump signed an executive order requiring federal government employees to return to office. Anna Moneymaker/Getty ImagesTrump signed an executive order requiring federal government employees to return to the office. Union leaders opposed the mandate and said it was based on misconceptions about federal workers. They also said telework was crucial for recruiting talent and emergency preparedness.