Month: March 2026
Amazon says U.S. Postal Service ‘walked away at the eleventh hour’ in negotiations
An amazon worker unloads packages on November 29, 2024 in New York City. David Dee Delgado | Getty Images Amazon on Wednesday addressed its business relationship with the U.S. Postal Service, saying in a blog post that recent contract renewal negotiations with the carrier fell apart in December when it “abruptly walked away at the […]
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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 January. Text removed from the January statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
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AI, crypto industries dump millions into Illinois primaries to mixed results
Juliana Stratton, lieutenant governor of Illinois and Democratic US Senate candidate, speaks during a primary election night event in Chicago, Illinois, US, on Tuesday, March 17, 2026. Christopher Dilts | Bloomberg | Getty Images A major crypto PAC suffered a blow after the Illinois Senate Democratic candidate it spent millions opposing won the Tuesday primary […]
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Bitcoin needs to reclaim $75,000 to herald a risk-on recovery, charts show
Bitcoin has been among the leaders over the last few weeks, logging a key low in early February near $60,000 and testing the $75,000 zone this week. From a chart perspective, this has taken the shape of a potential cup-and-handle pattern. This setup looks very similar to the prior cup-and-handle that formed from Nov. 2025 […]
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FDA approves psoriasis pill from J&J that rivals shots Tremfya, Skyrizi
Signage outside Johnson & Johnson offices in Irvine, California, US, on Friday, Oct. 10, 2025. Kyle Grillot | Bloomberg | Getty Images Johnson & Johnson on Wednesday said the U.S. Food and Drug Administration approved its once-daily psoriasis pill, the first oral option to rival best-selling shots. The FDA approved the pill, Icotyde, to treat […]
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Stocks making the biggest moves midday: Williams-Sonoma, Micron, Macy’s, SL Green & more
Check out the companies making the biggest moves midday: Williams-Sonoma — The home goods and furniture seller rose 6% on better-than-expected earnings. Williams-Sonoma earned $3.04 per share, beating an LSEG estimate of $2.90 per share. The company also raised its quarterly dividend by 15%. nVent Electric – The maker of electronics cabinets and cooling systems […]
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Cramer weighs in on ‘hack downgrade’ of Starbucks — and what’s behind Amazon’s dip
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks tumbled on Wednesday following hotter-than-expected wholesale inflation data and rising oil prices caused by the Middle East conflict. Brent crude , the international benchmark, crept back up after […]
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JPMorgan Chase taps Dwyane Wade, Tom Brady for new athlete wealth management push
Key Points JPMorgan Chase announced the Athlete Council, an initiative led by Dwyane Wade and featuring Tom Brady, Sue Bird, Alex Morgan and others, aimed at helping athletes manage money from college through retirement. About one in six NFL players declares bankruptcy within 12 years of retiring, JPMorgan said, underscoring the financial perils facing athletes. […]
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Micron earnings are out after the bell following a big move higher. What analysts expect
With Micron Technology set to report earnings after the bell Wednesday, analysts will looks for signs on whether the company can keep up with the outsized demand for its advanced memory chips. Micron manufactures high-performance DRAM and high-bandwidth memory chips, two pieces of hardware critical to powering AI data centers, making the company a beneficiary […]
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Meta is shutting down VR social platform Horizon Worlds in further pivot away from the metaverse
The Meta Horizon Worlds logo is displayed on a smartphone screen, and the Meta logo is in the background in Chania, Greece, on Aug. 9, 2024. Nikolas Kokovlis | Nurphoto | Getty Images Meta announced Tuesday that it is shutting down Horizon Worlds, the virtual reality social network for Quest VR headsets that was once […]
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