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We're making a small buy of this troubled cosmetics firm and upgrading our rating on the stock
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We're raising our Amazon price target, betting light guidance proves conservative
Shares rose on a strong quarter. The upside, however, was tempered by a lower-than-expected outlook.CNBC - Business -
On challenges big and small, our leaders haven’t learned that nationalism is not the answer | Rafael Behr
Brexit and Scottish independence have benefited Rishi Sunak and Humza Yousaf – now both are suffering the consequences. Brexit isn’t working, and there are potholes everywhere. Those are not equivalent challenges. Fresh asphalt heals cracked ...The Guardian - World -
Fed Holds Rates Steady, Noting Lack of Progress on Inflation
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for longer.The New York Times - Business - Federal Reserve -
What to Watch for at Today’s Fed Meeting on Interest Rates
Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for longer.The New York Times - Top stories - Federal Reserve -
The Biden administration is seeking to reclassify marijuana as a less dangerous drug, people familiar with the matter said, a historic move that could make it much easier to buy and sell pot and make the multibillion-dollar industry more profitable.
The Biden administration is seeking to reclassify marijuana as a less dangerous drug, people familiar with the matter said, a historic move that could make it much easier to buy and sell pot and make the multibillion-dollar industry more profitable.The Wall Street Journal - World -
Regulators Seize Republic First, a Troubled Philadelphia Bank
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.The New York Times - Business -
The Oldest President Is in Big Trouble With the Youngest Voters
The oldest president is in big trouble with the youngest voters, especially men.The New York Times - Top stories -
Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more
These are the stocks posting the largest moves in extended trading.CNBC - Business - Stock Market -
The U.S. birth rate has never been lower. Here’s what that means for stocks.
Americans aren’t having as many kids, but the economy can handle that — for now.MarketWatch - Business -
Upgraded Museums Add New Value at Colleges and Universities
Educational institutions across the United States are spending more money to renovate museums and make them a more integral part of learning.The New York Times - Business
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Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones
Qualcomm called out strong demand for "premium tier" smartphones that require the most advanced chips.CNBC - Business -
UnitedHealth CEO estimates one-third of Americans could be impacted by Change Healthcare cyberattack
UnitedHealth CEO estimates that data from one-third of Americans could have been compromised in the Change Healthcare cyberattack.CNBC - Business -
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, according to a source familiar with the matter.CNBC - Business -
Carvana shares spike 30% as used car retailer posts record first quarter
Carvana reported record first-quarter results Wednesday that beat Wall Street's top- and bottom-line earnings expectations for the online used car retailer.CNBC - Business -
Bally Sports regional networks go dark for Comcast cable customers
Carriage negotiations between Comcast and Diamond Sports broke down, leaving cable customers without access to Bally Sports regional networks during MLB season.CNBC - Business