Articles

The Fed: This former Fed insider has 3 big takeaways from Powell’s press conference

Here's are three important points from Jerome Powell's press conference gleaned by former Boston Fed President Eric Rosengren.

What's Worth Streaming: What’s coming to Hulu in October 2023 — and what’s leaving

Hulu is stocking up for Halloween this October, with a ton of spooky shows and movies on tap.

: Adidas CEO says Kanye West didn’t mean his antisemitic remarks

Adidas Chief Executive Bjorn Gulden recently said he didn't believe that Kanye West "meant what he said," regarding the megastar's antisemitic remarks that ended the partnership between the sneaker maker and the rapper last year.

: UAE oil exec and leader of next climate summit tells U.N., energy industry to ‘get after gigatons’ of emissions

Sultan Al Jaber, an executive in an oil industry responsible for the bulk of Earth-warming pollution, tells the U.N., "we are not powerless" in emissions fight.

Market Extra: Fed’s revised dot plot for interest rates makes wall of maturing debt a bigger worry

'It's certainly not a snoozer,' Sonia Meskin, head of U.S. macro at BNY Mellon Investment Management, as the Federal Reserve pencils in only two rate cuts next year.

Earnings Results: KB Home stock slips despite earnings beat, raised forecast and ‘steady’ demand

KB Home shares declined after hours Wednesday following an earnings beat, a hiked revenue forecast, and reported steady demand amid rising mortgage rates.

: Biden administration offers free COVID tests again

The Biden administration on Wednesday announced that starting Monday, U.S. households will again be able to order four free COVID-19 test kits.

: T2 Biosystems’ stock extends losing streak despite FDA approval for anthrax and plague diagnostic test

Shares of T2 Biosystems extended their losing streak to two days Wednesday.

: Former Facebook security head warns 2024 election could be ‘overrun’ with AI-created fake content

"What once took a team of 20 to 40 people working out of [Russia or Iran] to produce 100,000 pieces can now be done by one person using open-source gen AI," Alex Stamos said.

Earnings Results: FedEx shares rally as cost cuts help profit outlook

Shares of FedEx rallied after hours on Wednesday after the package deliverer raised its full-year profit outlook.

The Ratings Game: Why AMC is eyeing ‘Ape’-branded beer and wine after its big popcorn push

“It’s a simple idea that makes sense,” said Wedbush analyst Alicia Reese.

The Ratings Game: Amazon illustrates one challenge for Zebra’s stock, Morgan Stanley cautions

A more "extended" recovery for the consumer and retail markets could mean challenges for Zebra Technologies Corp. shares, according to Morgan Stanley.
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