Stocks fell slightly after jobless claims numbers and ahead of remarks from Fed Chair Jerome Powell.
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Report: Google Set to Unveil New AI Features at Developer Conference
According to a CNBC report, Google on Wednesday is planning to unveil a number of updates to its artificial intelligence products.
Stock Market Today: Wall Street Dips Amid Quiet Trading
Wall Street edged lower following some mixed earnings reports, as stocks remain roughly where they’ve been stuck for more than a month.
LinkedIn Axes 716 Jobs in Fresh Tech Cuts, Shuts China App
Professional networking platform LinkedIn says it's laying off more than 700 workers and shuttering its China jobs app, in the latest round of tech industry downsizing.
Surprise Loss From Tyson, Then a Surprise Cut to Its Cutlook
Tyson Foods suffered a surprise loss in the second quarter, something not since 2009, and cut its sales forecast due to the cost of plant closures and layoffs.
Cheddar Morning News Briefings of May 9th
Cheddar Morning News Briefings
The Day Ahead: Debt Ceiling Talks, Corporate Earnings
Cheddar News checks in on what to look for on The Day Ahead as President Joe Biden meets with House Speaker Kevin McCarthy to look to resolve the debt ceiling debate. Earnings are also slated to be reported from companies including Airbnb, AMC Networks, Electronic Arts and Nintendo.
Stretching Your Dollar: What Bank Failures Mean for Mortgage
A study on the U.S. banking system found nearly 190 banks are at risk of failure. Preston D. Cherry, founder and president of Concurrent Financial Planning, joined Cheddar News to explain the process if you have a mortgage with a bank that collapses.
Americans Bet $220B on Sports in 5 Years Since Legalization
Americans have bet over $220 billion on sports with legal gambling outlets in the five years since the U.S. Supreme Court cleared the way for all 50 states to offer it.
Analyst Discusses Monday's Mixed Market Performance Ahead of Key Inflation Data
Melissa Brown, managing director of applied research with Qontigo, joined Cheddar News to discuss a new start to the trading week as the market edged lower in a mixed-performance day. Investors also await the meeting between President Joe Biden and House Speaker Kevin McCarthy to look to resolve its debt ceiling debate.
