What's ahead this week for Wall Street and the economy | Analysis by Krystal Hur
Here’s a look at what’s coming. The Federal Reserve’s July meeting. The Fed begins its two-day July meeting on Tuesday. The central bank is largely expected to raise interest rates by a quarter point on Wednesday after pausing in June. Traders expect a nearly 100% chance of such an outcome as of Friday afternoon, according to the CME FedWatch Tool.
That happened last week, when the Nasdaq Composite on Thursday saw its biggest one-day decline since February after Tesla reported smaller profit margins due to price cuts in its latest quarter, and Netflix missed revenue expectations. Record heat is killing American workers A searing heat wave bearing down across the United States is causing deaths, hospitalizations and rising concerns about safety for Americans expected to work outside in hazardous conditions.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
One of Wall Street's favorite chipmakers is facing harsh realitiesOne of Wall Street's favorite chipmakers has seen its value tumble as worker shortages and delays dent investor hype
Read more »
Top Wall Street analysts see solid potential in these five stocksTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Rivian and Alphabet.
Read more »
Welcome to Hot World Summer - CNN One Thing - Podcast on CNN AudioThroughout the month of July, scorching temperatures have broken records on several continents — the latest in a trend caused by the climate crisis. Meanwhile, in the US, extreme rainfall has led to devastating floods and toxic wildfire smoke has drifted down from Canada, prompting unhealthy air alerts in multiple cities. In today’s episode, we break down why this moment is uniquely dangerous and look at how the climate crisis is already forcing people’s hands about where to live. Guest: Bill Weir, CNN Chief Climate Correspondent
Read more »
Two men killed in Columbia Heights shootingTwo men died Saturday night after being shot near 14th Street and Girard Street NW.
Read more »
Israelis rally ahead of critical vote to weaken power of courts | CNNThousands of marchers arrived in Jerusalem Saturday, the culmination of a five-day walk from Tel Aviv to protest against Israeli Prime Minister Benjamin Netanyahu’s plans to weaken the powers of Israel’s courts.
Read more »