Key Points The Federal Reserve’s so-called dot plot showed a median estimate of 3.4% for the federal funds rate at the end of 2026, the same as what it had projected at the end of last year. However, a closer look at the overall dot plot showed the balance of projections moved toward fewer reductions. […]
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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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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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