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Earnings Results: Chipotle stock drops 8% after Q2 earnings as company says inflation hit popular menu items

Chipotle Mexican Grill Inc. shares fell 8% in the after-hours session Wednesday after the fast-casual restaurant chain beat Wall Street expectations for its quarterly earnings but called for a slightly weaker current quarter and said that inflation hit some of its most popular menu items.

Earnings Results: Lam Research stock rises as results, outlook top Street view

Lam Research shares rose in the extended session Wednesday after the silicon-foundry equipment supplier's results and forecast came in better than expected.

Commodities Corner: Why gold prices climbed after the Fed’s decision to raise interest rates

Gold futures climbed to a fresh intraday high Wednesday afternoon, their highest in nearly a week, after the Federal Reserve announced a decision to raise its benchmark interest rate, as expected, but also left the door open for further rate hikes.

: Want 5% yields? After Fed hike, it may be time to ditch high-yield savings accounts for money-market funds

The Fed boosted the benchmark rate by 25 basis points on Wednesday. Here's what that means for savers.

The Margin: Netflix criticized for posting AI jobs paying up to $900,000 while writers and actors are on strike

Netflix NFLX is catching some heat for posting several AI-related positions paying six-figure salaries, even as the Writers Guild of America strike enters its fourth month.

The Escape Home: Here’s why you should add Naples to your Italy travel itinerary

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The Fed: Fed raises interest rates to 22-year high and signals it is prepared to do more

The Federal Reserve on Wednesday raised its benchmark rate by 25 basis points to a range of 5.25%-5.5% and said it was prepared to do more.

: As the Americans with Disabilities Act turns 33, Biden says there’s ‘much more work to do’ to prevent discrimination

“Disabled Americans are still three times less likely to have a job, and when they do, they often earn less for doing the same work," the president said.

: Nvidia estimates ‘may prove conservative’ as Microsoft, Google mentions of AI more than double

Microsoft and Alphabet mentioned "AI" so many times on earnings, one Nvidia analyst is thinking his bullish estimates may be too conservative.

: The UPS-Teamsters deal is good for the economy, analysts say. Here’s why it isn’t lifting the stock.

The tentative labor deal announced Tuesday between UPS and the Teamsters union is a win for the company, workers and the economy, but not necessarily the stock.

: So you want to buy a house? Expect to pay more than 30% of your income.

Conventional wisdom suggests that a homebuyer should not spend more than 30% of their income on housing. That may need to change.

Market Extra: Dow winning streaks typically portend more good times for stocks and the economy. With a few notable exceptions.

If the Dow Jones Industrial Average manages to pull off a 13th day in the green on Wednesday, it would cement the blue-chip gauge's longest winning streak since Jan. 20, 1987.
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