Cheddar News looks ahead to Tuesday as Fed Chair Jerome Powell will testify on Capitol Hill about the central bank's response to inflation. Earnings are also on tap from Dick's Sporting Goods, Stitch Fix and Crowdstrike.
Share:
More In Business
DFD Partners CEO Devon Drew on the State of US Economy
DFD Partners CEO Devon Drew on the State of U.S. Economy
The Day Ahead: ADP Employment Report, Conagra Brands Earnings and 'Air' Hits Theaters
The Day Ahead: ADP Employment Report, Conagra Brands Earnings and 'Air' Hits Theaters
Dimon: Bank rules should change after Silicon Valley Bank
JPMorgan CEO Jamie Dimon said the U.S. and the banking industry should amend regulations following the collapse of Silicon Valley Bank and Signature Bank last month, saying that the financial system needs to be adjusted so that one bank's failure does not “cause undue panic and financial harm.”
Feb Job Openings Slip to 9.9M; a Win in Inflation Fight?
U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool.
Wall Street Dips, Snaps Win Streak After Weak Economic Data
Stocks fell on Wall Street Tuesday following a pair of weaker-than-expected economic reports.
General Motors' Sales Surged as Buick Deliveries Doubled
U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane.
Disney-DeSantis War of Words Heats Up at Annual Meeting
Disney CEO Bob Iger on Monday said any retaliatory actions by Florida Gov. Ron DeSantis and the Republican-controlled Florida Legislature against the company that threaten jobs or expansion at its Florida resort is not only “anti-business ... but anti-Florida.”
Virgin Orbit Seeks Bankruptcy Protection After Mission Fail
Richard Branson's Virgin Orbit is filing for Chapter 11 bankruptcy protection after a failed mission this year and increasing difficulty in raising funding for future missions.
New Tax Credit Requirements to Limit Qualified Electric Vehicles for Tax Breaks
New Tax Credit Requirements to Limit Qualified Electric Vehicles for Tax Breaks
