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Market stress during the period of rising interest rates has prompted more scrutiny — and new rules
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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.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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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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Ukraine war briefing: US hits China with sanctions over war supplies to Russia The GuardianView Full Coverage on Google News
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United Methodist Church Reverses Ban on Practicing Gay Clergy The New York TimesUnited Methodist Church lifts 40-year ban on LGBTQ clergy CNNUnited Methodist Church lifts bans on LGBTQ clergy and same-sex weddings NPRUnited Methodists, at major conference, repeal their church's longstanding ban on LGBTQ clergy ABC NewsUMC funding ban removed in first steps toward LGBTQ inclusion Tennessean
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CEO Ed Breen says results confirm that electronics business is now past the bottom, and "on road to recovery."
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Here are more details of the four main takeaways from Powell's press conference.
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The offer is the company's third attempt to resolve tens of thousands of claims that its baby powder caused ovarian cancer and mesothelioma.
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The Treasury Department released guidance on the tax credit available for producers of sustainable aviation fuel, a measure established as part of Biden's landmark climate law.
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This hasn't been a pretty earnings season for prominent chip companies so far, but Qualcomm is breaking from the mold.
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Northwestern University's deal with student protesters offers example of successful negotiations ABC NewsNorthwestern professor, whose school gave in to anti-Israel agitators, is son of notorious terrorist radicals Fox NewsAs pro-Palestinian protests at some U.S. colleges devolve into violence, Chicago campuses remain peaceful Chicago Tribune‘I think we need a widespread, systemic response': Critics condemn NU's agreement with pro-Palestinian demonstrators WGN TV Chicago
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Benefits of hormone therapy for menopause symptoms outweigh risks, study finds : Shots - Health News NPRMenopause hormone therapy fears overblown, Women's Health Initiative finds The Washington PostMajor Women's Health Study Supports Hormone Replacement Therapy in Early Menopause U.S. News & World Report
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Qualcomm Gives Solid Outlook in Sign of Smartphone Recovery Yahoo FinanceView Full Coverage on Google News
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NCLH earnings call for the period ending March 31, 2024.
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A weekly look at the most important news and moves in crypto, and what's on the horizon in digital assets.
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Company backed by TPG rises 9% on first day to bolster hopes for private equity exits
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Investors cheered Amazon's latest earnings report. Here's what you need to know.
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Blinken presses Hamas to seal cease-fire with Israel, says 'the time is now' for a deal The Associated PressMiddle East Crisis: Blinken Presses Hamas to Accept Israel's Latest Cease-Fire Proposal The New York TimesWorld awaits Hamas response to Israel cease-fire, hostage release proposal CBS NewsIsrael's war on Gaza live: For first time, aid enters Gaza via Beit Hanoon | Israel War on Gaza News Al Jazeera EnglishBlinken Pushes for Gaza Cease-Fire Deal in Visit to Israel The Wall Street Journal
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Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest rates steady.
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Officials warn of risks to people with possible exposure amid bird flu outbreak in cows POLITICOOpinion | Dairy Workers Are the Most Vulnerable Population to Bird Flu The New York TimesCats died after drinking raw milk from cows infected with bird flu: CDC The HillUpdates on Highly Pathogenic Avian Influenza (HPAI) FDA.govAmerica's Infectious-Disease Barometer Is Off The Atlantic
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Canopy Growth Corp., Tilray Brands Inc. and Curaleaf Holdings Inc. were among cannabis stocks that were sliding into the red on Wednesday, a day after news of the federal government's plans to reclassify marijuana.
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Menopause hormone therapy fears overblown, Women's Health Initiative finds The Washington PostBenefits of hormone therapy for menopause symptoms outweigh risks, study finds : Shots - Health News NPRWomen can safely use hormone replacement therapy during menopause, study shows UPI NewsMajor Women's Health Study Supports Hormone Replacement Therapy in Early Menopause U.S. News & World Report
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Report: Ryan Garcia tests positive for banned PED after win over Devin Haney Yahoo SportsBoxer Ryan Garcia tested positive for banned substance Ostarine ESPNRyan Garcia tested positive for performance-enhancing drug ahead of Devin Haney fight, per reports CBS SportsRyan Garcia tests positive for banned substance, VADA says USA TODAYReport: Ryan Garcia Popped for PED, Is Being Processed for Second Positive Boxing Scene
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Etsy Inc.'s stock plunged 16% in after-hours trading Wednesday after the company posted quarterly results that included a decline in gross merchandise sales.
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Live updates: Pro-Palestinian university protests at Columbia, UCLA, UT, campuses amid Israel's war in Gaza CNNA veteran activist joined Columbia protesters. Police call her a ‘professional agitator.' NBC NewsCollege protest live updates: Nearly 300 arrested at Columbia and CUNY, UCLA cancels classes, as campus demonstrations intensify Yahoo! VoicesFour UCLA student reporters attacked by counterprotesters Los Angeles TimesCollege protests updates: Hundreds arrested at campuses across U.S. Axios
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The Dow surges 500 points then gives it all back as the Fed says interest rate cuts are 'unlikely' QuartzStock market today: Live updates CNBCStock Market Whipsaws After Jerome Powell Expresses Confidence, Concern On Inflation; This Asset Was The Day's Biggest Loser Investor's Business DailyDow Jones Today: S&P 500, Nasdaq Fall Back to Earth After Post-Fed Rally Investopedia
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Over 242,600 Ford Maverick trucks recalled due to risk of tail light failure Fox BusinessFord recalls 242,669 Mavericks, NHTSA says Detroit Free Press2022-2024 Ford Maverick recalled for taillights that could fail AutoblogFord recalls nearly 243,000 Maverick pickups for tail light problem NPRFord recalls 242669 US vehicles, NHTSA says Reuters
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Economists are wondering whether political developments could play into both the Fed's near-term decisions and its long-term independence.
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Cottage cheese and sour cream are safe amid bird flu outbreak, FDA says NBC NewsNew studies show pasteurization inactivates H5N1 bird flu in milk - STAT STATPasteurized Dairy Foods Free of Live Bird Flu, Federal Tests Confirm The New York TimesAmerica's Infectious-Disease Barometer Is Off The AtlanticContinued FDA testing finds no active bird flu virus in variety of dairy products CNN
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The Treasury will unveil the final version of new rules limiting a popular tax credit for electric car buyers as soon as Friday.
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Shares of Nio Inc. sped higher Wednesday, after the Chinese electric-vehicle maker reported April deliveries that more than doubled to outperform its peers by a wide margin.
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Cupertino's slow rollout of AI-equipped phones and Huawei's China sales surge add up to predictions of underperformance ahead of Thursday's earnings report.
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Alphabet just delivered a spectacular quarterly result with accelerated growth in Google Search and significant progress in artificial intelligence (AI).
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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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The Internal Revenue Service and the Treasury Department released final regulations on the transfer of clean energy manufacturing, investment and production tax credits, with specific rules for partnerships and S corporations.
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Battery-material maker Novonix, electric vehicle charger manufacturer Wallbox and rare earth producer MP Materials Corp. were among about 35 recipients of clean energy tax credits totaling nearly $2 billion.
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The iPhone will never be the same again, and today a new feature landed which accelerates the rate of change for smartphone users.
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Malaysia's largest oil and gas services company is planning to list its exploration and production unit to take advantage of the recent surge in global oil prices.
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