The Fed issues its latest interest rate decision Wednesday. Here’s what to expect

Key Points

Markets are pricing in a near-zero chance that the Federal Reserve will be cutting interest rates at this meeting — or any other in the near future.
Updates to economic and rate projections also aren’t expected to show anything dramatic when the decision is released Wednesday at 2 p.m. ET.
On top of everything else, there’s also a lingering political air over the Fed.

Source

Finance

Stocks making the biggest moves after hours: Palantir, Pinterest, Duolingo, Paramount Skydance & more

May 4, 2026

Check out the companies making headlines after the bell : Paramount Skydance — The entertainment stock added about 2% after the company posted first-quarter adjusted earnings of 23 cents per share on revenue of $7.35 billion. Analysts polled by LSEG had expected earnings of 15 cents and $7.28 billion in revenue. Duolingo — The maker […]

Finance

Traders are doubtful Cohen’s GameStop can pull off monster eBay acquisition

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Key Points Traders on prediction markets platform Kalshi give the video game retailer just a 26% chance at successfully completing an acquisition in 2026. GameStop CEO Ryan Cohen in an appearance on “Squawk Box” didn’t disclose further details about how it plans to finance its proposal. Source

Finance

Kalshi traders see April jobs report coming in better than economists’ estimates

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Key Points If Kalshi traders are right, it would be the first month of back-to-back job growth since May 2025. Traders aren’t confident of a big beat, though. They assign just a 30% chance the report will come in at 100,000 jobs gained or more. Source