Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.”The time has come for policy to adjust,” the central bank leader said in his much-awaited...
Check out the companies making headlines before the bell. Chewy — The pet retailer stock advanced more than 2% on an upgrade from Piper Sandler to outperform from neutral. Piper Sandler believes gross margin expansion and efficiency gains are upside catalysts for the...
Taiyou Nomachi | Digitalvision | Getty ImagesRemote work, a trend that sprang to prominence during the Covid-19 pandemic, appears to be an entrenched fixture of the U.S. labor market, according to economists.The work-from-home revolution is “one of the major...
Customers take out food from a Cava restaurant in Chicago, Illinois, on May 28, 2024.Scott Olson | Getty ImagesCheck out the companies making headlines after the bell: Cava Group — The fast-casual restaurant brand saw shares climb nearly 6% in after-hours trading...
Check out the companies making headlines in midday trading: Crocs — Shares of the footwear company gained 1% following an upgrade to buy at Williams Trading. The investment firm said Crocs’ addition of actress Sydney Sweeney as a spokesperson for its Heydude...
