Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show
The Federal Reserve on Wednesday released the minutes from its June 13-14 meeting.
Lin Wood, pro-Trump lawyer who challenged 2020 election results, retires amid disbarment threat
Wood gained notoriety for his role in the failed efforts to challenge President Joe Biden’s victory over former President Donald Trump.
30% of Americans say ‘tipping culture is out of control,’ as some businesses agree to scrap tip prompts
‘Tip fatigue’ doesn’t begin to cover it, one expert says, causing some businesses to opt out of the payment systems with pre-determined options.
GM second-quarter sales increase 18.8% as supply chain stabilizes
Auto industry forecasters project industry sales to have increased 16% to 18% during the second quarter compared with a year earlier.
Bank of America expects more stocks to participate in market rally during the second half
The first half of 2023 was the best for the S&P 500 since 2019, surging 15.9%.
How A.I. took center stage in the Hollywood writers’ strike
As the entertainment industry faces another disruptive technology, the WGA is demanding that regulatory standards around AI ensure fair labor conditions.
Companies start to recognize the importance of ‘out of office’ time to reduce employee burnout
Employers recognize the need to reduce employee burnout, as employees report overall better feelings and productivity upon returning from vacation.
Piper Sandler says Coinbase can fall 25% as regulatory uncertainty looms
Piper Sandler downgraded Coinbase shares to neutral from overweight, citing too much uncertainty around the company following its recent lawsuit from the SEC.
Jefferies says this car rental player’s shares could pop 30% thanks to stronger margins
Analyst Stephanie Moore initiated coverage on Hertz with a buy rating.
