Summary
Lisa Mateo previews the weekend entertainment lineup (Moana live-action, Rolling Stones album) and next week's key U.S. economic data, flagging a sharp expected swing in housing starts and increased consumer spending due to lower gasoline prices. The conversation also teases an upcoming segment on SK Hynix.
- Moana live-action remake opens in theaters with Dwayne Johnson starring.
- Rolling Stones release 25th studio album 'Foreign Tongues' featuring Paul McCartney.
- Upcoming economic releases: CPI on Tuesday, PPI on Wednesday, retail sales Thursday, housing starts and building permits Friday.
- Housing starts expected to rebound roughly 13% after a prior 15% drop.
- Bank of America survey shows June consumer spending up, partly driven by cheaper gasoline boosting discretionary income.
- Segment on SK Hynix planned with Ed Ludlow later in the weekend broadcast.