The Fed could could still move markets Wednesday even with rates on hold for the foreseeable

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The Fed could could still move markets Wednesday even with rates on hold for the foreseeable

The Federal Reserve meets Tuesday and Wednesday for its regular policy meeting. Officials have indicated that no interest rate moves are likely for several years. Markets will be watching the Fed’s revised economic projections, as well as indications on …
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Electric truck startup Nikola hits back at short seller's report

(CNN) Nikola ​Corp., a hydrogen and electric truck startup that recently inked a $2 billion stock deal with General Motors, responded Monday to a short seller’s report that sent the company’s stock plunging last week. Hindenburg Research, which makes …
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United, pilots union reach tentative deal to avoid furloughs

United Airlines and the union representing its pilots have reached an agreement that would spare almost 3,000 pilots from furloughs next month. The Chicago-based airline last week warned that it planned to furlough 2,850 of its 13,000 pilots, along with more …
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American Eagle promotes Jennifer Foyle with added title of chief creative officer

After years of operating with an executive management structure that featured dual presidents for its two main store brands, South Side-based American Eagle Outfitters Inc. (NYSE: AEO) announced that Jennifer Foyle has been promoted to chief creative …
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US job openings push higher; more workers quitting

WASHINGTON (Reuters) – U.S. job openings increased further in July, though more workers quit their jobs in the retail as well as professional and business services industries likely because of fears of exposure to COVID-19 and problems with childcare.
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