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The president of the Philadelphia Federal Reserve said inflation is slowing toward low, pre-pandemic levels and that the central bank appears primed to achieve a “soft landing” for the U.S. economy.

Even the wealthy have concerns: “It’s about the big emotions around major life decisions.”

Shares of companies that fell the most in Fortune’s “Most Admired” ranking outperformed the stocks of companies moving up the list.

Shares of Yum China Holdings Inc. rallied after hours on Tuesday after the company, which runs KFC and Pizza Hut restaurants in China, said it planned to “significantly accelerate” shareholder returns this year, even as other restaurants warn of weakening demand in that country.

Enphase Energy Inc. shares jumped after the alternative-energy company presented investors with a mixed quarter, but one that soothed more immediate concerns about the ailing sector.

The as-yet unnamed service, which could be available as early as the fall and offer a sort of Hulu for sports, comes amid an explosion in sports-streaming rights and audiences.

Consumer demand and higher prices on the menu outweighed higher ingredient costs.

After whiffing with its prior two earnings reports, Fortinet delivered upbeat profit and billings numbers for the latest quarter.

Amgen on Tuesday reported fourth quarter profits and sales that topped analyst expectations even as revenues dropped for one of its top-selling drugs.

The Nova-C lander would be the first private U.S. probe on the moon.

Ford stock soars after carmaker plays up hybrid business and calls for ‘healthy’ growth this year.

Snap Inc.’s stock plunged more than 30% in extended trading Tuesday after the social-media company reported a revenue miss and offered weak guidance — a day after announcing yet more deep job cuts.