Domino’s Pizza is a buy as new initiatives take effect in the second half, Stifel says
Analyst Chris O’Cull upgraded stock to buy from hold. He also increased his price target to $350 from $320, implying 14.4% upside from Wednesday’s close.
Goldman Sachs says gains in this alcohol giant will be muted going forward
The firm downgraded Diageo shares to neutral from buy, citing a prolonged normalization period in the U.S. spirits market.
House committee votes to raise pilot retirement age to 67 amid aviator shortage
Airlines are ramping up schedules and pilot hiring after shrinking during the Covid-19 pandemic by urging aviators to take buyouts.
Oracle hits record after 50% surge in 2023, defying tech struggles
Oracle shares reached a record this week after analysts applauded an earnings beat, driven by accelerating growth in cloud infrastructure
Health insurance stocks slide after UnitedHealth warns more surgeries will drive up medical costs
Shares of UnitedHealth, Humana, Elevance Health and CVS Health all declined, while medical device manufacturers and hospital operators edged higher.
How to shift your bond portfolio as the Fed pauses interest rate hikes
The Federal Reserve on Wednesday announced a break from raising interest rates, while projecting two more hikes. Here’s what it means for bond portfolios.
Attorney General Garland defends special counsel in first comments about Trump indictment
The remarks were Garland’s first public comments about the federal indictment against Trump, who faces 37 counts related to his handling of classified records.
Bud Light loses spot as top-selling U.S. beer in May in the wake of boycott fight
Bud Light sales have sagged following a conservative boycott over its partnership with trans social media influencer Dylan Mulvaney.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in May.
Here’s how the Federal Reserve’s pause in interest rate hikes affects your money
At the end of its two-day meeting Wednesday, the Fed said it would skip a rate hike in June.
