NY State 1st in US to Ban Addictive Social Media Feeds for Children; McDonald’s Reveals Details of $5 Meal | Business Matters Full Broadcast (June 20)

Don Ma
By Don Ma
June 20, 2024Business Matters
Live Chat

New York Gov. Kathy Hochul signed a bill Thursday that would allow parents to block their children from getting social media posts suggested by a platform’s algorithm—a move designed to limit feeds critics argue are addictive.

McDonald’s has revealed the details of its highly anticipated $5 value meal, which the fast food chain hopes will rev up sluggish sales.

Mortgage rates fell this week to their lowest level since early April, taking some pressure off American homeowners. The standard 30-year fixed-rate mortgage averaged 6.87 percent in the week ending June 20, mortgage financing giant Freddie Mac reported Thursday.