Shares of General Electric drop after announcing a $6.2 billion charge, but BlackBerry surges on news of a new software for connected cars. We also look at shares of Alphabet, on news Google is laying underwater cables to grow its cloud business.
Plus a preview of the Detroit Auto Show. We'll take a look at the hottest cars at the event and how new technologies, from connected vehicles and self-driving make their presence known.
And what to expect as Google, Facebook, and Twitter head to Capitol Hill. We break down what's in store with GBH's Daniel Ives and CFRA's Scott Kessler.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.