U.S. GDP Misses Economists’ Forecasts in First Quarter
U.S. GDP Misses Economists’ Forecasts in First Quarter
U.S. gross domestic product rose 1.1% in the first quarter. A survey on retirement confidence sees the steepest year-ove... Read more
28 Apr 2023
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4mins
Microsoft’s Acquisition of Activision Blizzard Blocked in the U.K.
Microsoft’s Acquisition of Activision Blizzard Blocked in the U.K.
Microsoft will appeal a U.K. regulator’s decision to block its purchase of Activision. Norfolk Southern’s earnings repor... Read more
27 Apr 2023
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4mins
A Federal Reserve Rate Hike Pause May Be On Its Way
A Federal Reserve Rate Hike Pause May Be On Its Way
The federal funds futures market is pricing in a roughly 70% chance that the central bank will pause rate increases in J... Read more
26 Apr 2023
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4mins
Bed Bath & Beyond’s Closing Plans
Bed Bath & Beyond’s Closing Plans
Coca-Cola beats earnings and sales estimates amid price increases. Bed Bath & Beyond files for bankruptcy. Plus, Dis... Read more
25 Apr 2023
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3mins
Recession Fears On the Rise
Recession Fears On the Rise
The Conference Board’s Leading Economic Index declines for the twelfth month in a row. A preview of Amazon’s earnings th... Read more
24 Apr 2023
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3mins
Ford’s F-150 Lightning to Launch Abroad
Ford’s F-150 Lightning to Launch Abroad
American Express posts its latest earnings report. Why electric vehicles often launch in Norway. Plus, SpaceX’s latest r... Read more
21 Apr 2023
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5mins
Netflix is Rolling Out ‘Paid Sharing’
Netflix is Rolling Out ‘Paid Sharing’
Meta and Amazon push on with job cuts. Netflix’s password-sharing crackdown is coming soon. And the mortgage squeeze tri... Read more
20 Apr 2023
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4mins
Bank of America’s Profit Climbs 15%
Bank of America’s Profit Climbs 15%
IPO for J&J’s Consumer Health Division is coming soon. Big banks post better-than-expected earnings. And the winners... Read more
19 Apr 2023
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4mins
Earnings Season Is Here
Earnings Season Is Here
Netflix’s big week is off to a bad start. 60 S&P 500 companies report earnings this week. Plus, Apple’s latest ventu... Read more
18 Apr 2023
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4mins
Retail Sales Fell 1% in March
Retail Sales Fell 1% in March
Consumer spending and sentiment is taking a hit. Corporate defaults are at their highest level since 2016. Plus, which s... Read more
17 Apr 2023
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4mins