|
The pay makes the incoming leadership team one of the most expensive in Disney's history.
|
|
NASA had 3 years to fix fuel leaks on its Artemis moon rocket. Why are they still happening? SpaceNASA delays launch of historic moon mission CNNNASA to Discuss Early Results of Artemis II Wet Dress Rehearsal NASA (.gov)NASA delays astronauts' lunar trip until March after hydrogen leaks mar fueling test CNBC
|
|
PepsiCo is cutting prices on Lay's, Doritos, Cheetos and Tostitos chips this year to win back customers exasperated by years of price hikes.
|
|
The company wants to win back price-strapped chip consumers after years of raising prices.
|
|
Analysts at research firm MoffettNathanson say ‘the capital needs would simply be enormous'
|
|
Merck's stock falls as the full-year revenue and profit outlooks were below expectations.
|
|
French prosecutors request 5-year ban on Marine Le Pen from holding office AP NewsFrench prosecutors ask appeal court to keep ban on Marine Le Pen running for office The GuardianLe Pen Appeal Prosecutor Hints at Blow to Her Presidential Hopes BloombergFrench prosecutors seek public office ban for Le Pen but leave door open to presidential bid Reuters
|
|
Russian hits Ukraine energy sites in 'most powerful blow" so far this year BBCRussia hits Ukraine energy targets with hundreds of drones, missiles, ahead of talks ABC NewsRussia resumes night strikes on major Ukrainian cities, ending brief reprieve agreed between Putin and Trump CNNRussia delivers worst attack this year to Ukraine's power sector The Washington Post
|
|
Anxiety got the better of Wall Street on Tuesday, with the stock market tumbling ahead of tomorrow's policy announcement from the Federal Reserve.
Many of Wall Street's top minds are weighing in on how big the Fed rate hike will be. Among them is Brad McMillan, chief investment officer for Commonwealth Financial Network, who, like almost everyone, believes the central bank will hike rates by 75 basis points. A basis point is one-one hundredth of a percentage point.
SEE MORE 10 High-Paying Dividend Stocks Yielding 5% or More
"Where things get interesting is in the follow-up comments, where the market tries to parse what this means for the Fed's policy decisions through the rest of the year," McMillan says, referring to the press conference Fed Chair Jerome Powell will hold immediately after the announcement. "Expectations are very hawkish, and the Fed can come out just as expected and still be more dovish than expected. That likely limits the market downside from this meeting and just may provide some upside going forward."
Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.
But today, investors envisioned higher rates ahead, which weighed on bond prices - and sent the 10-year Treasury yield up 7.2 basis points to 3.561%, its highest perch since 2011.
SEE MORE The White House Touts A Digital Dollar: What Does That Mean?
Broad selling was seen in the equities mar
|
|
