Cheddar News looks ahead to Thursday as another day of earnings is slated to hit the markets along with a revised reading of GDP data.
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US Sues to Block JetBlue From Buying Spirit Airlines
The Biden administration sued to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
Fed Chair Powell Says Pace of Rate Hikes Could Increase
Federal Reserve Chair Jerome Powell will hint that the central bank could increase the pace of interest rate hikes if data indicate price pressures continuing.
Best Buy Will Soon Start Installing At-Home Hospital Rooms
Electronics chain Best Buy is partnering with Atrium Health to help provide hospital-level care in the home.
TikTok Is Letting Users Create 20-Minute Videos Behind a Paywall
TikTok is introducing a new feature called "Series" that allows users to create longer-form video content behind a paywall.
On the Scene at the International Beauty Show
On the Scene at the International Beauty Show
Stocks Tumble on Fears About Faster Rate Hikes, Dow Down 570
Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation.
Salesforce Adds ChatGPT Capability to Suite of Services
Salesforce is the latest company to announce plans to incorporate OpenAI's ChatGPT into its software product.
Senate Will Grill Powell Over Fed Efforts to Tame Inflation
If measures of the U.S. economy keep coming in hot, as they did in January, the Federal Reserve will likely have to raise interest rates even higher than it has already signaled — and keep them there longer — Chair Jerome Powell will likely warn in testimony to Congress on Tuesday.
Biz Headlines: Amazon Go Closures, Verizon Price Hike & U.S. Credit Rating Fears
Here are today's top business headlines you need to know.
