Two items from 538 Significant Digits:
$100 billion in profit
For the first time in history, the six biggest Wall Street banks — JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley — made $100 billion in profit in a year. “They have Republican tax cuts to thank,” wrote Bloomberg. [Bloomberg]
$1 to $2 increase
Over the next few months, Netflix will increase the prices of all of its subscription plays by $1 to $2. “A Christmas Prince 3: Trimming the Tree” won’t make itself for free, you know? Netflix stock jumped 6 percent on the news. [CNN Business]
Which reminds me: the next time I hear anything from anyone about how Democratic politicians are in the thrall of Wall Street, I’m coming to your house and I will swat you one.