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S&P 500, Nasdaq end lower after Fed rate decision, Powell press conference ReutersFed Holds Rates Steady, Noting Lack of Progress on Inflation The New York TimesUS Fed keeps interest rates at 23-year high amid stubborn inflation Al Jazeera EnglishStagflation: What is it, and is the U.S. economy in it right now? NBC NewsWill mortgage interest rates fall in May? CBS News
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PAYC earnings call for the period ending March 31, 2024.
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A double beat on earnings, plus raised bottom-line guidance, made the company a hot item on Hump Day.
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Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the used-car retailer once on the brink of bankruptcy.
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"Skelly" has been a fan-favorite since his debut in 2020.
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The Beigie Awards are back to recognize the regional Federal Reserve Bank with the best Beige Book entry. This time, we shine a spotlight on one entry that explains how some businesses are feeling the impacts of higher for longer interest rates.
Related episodes:
The interest-ing world of interest rates (Apple / Spotify)
The Beigie Awards: Why banks are going on a "loan diet" (Apple / Spotify)
Where are interest rates going?
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
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CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.
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Pasteurized Dairy Foods Free of Live Bird Flu, Federal Tests Confirm The New York TimesView Full Coverage on Google News
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