U.S. GDP Misses Economists’ Forecasts in First Quarter
U.S. gross domestic product rose 1.1% in the first quarter. A survey on retirement confidence sees the steepest year-over-over decline since 2008. Plus, Mastercard’s earnings report. Host: Katie Ferguson.
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4:12
Microsoft’s Acquisition of Activision Blizzard Blocked in the U.K.
Microsoft will appeal a U.K. regulator’s decision to block its purchase of Activision. Norfolk Southern’s earnings report includes a charge for its recent train derailment in Ohio. Plus, the clouds clear for Boeing. Host: Katie Ferguson.
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4:12
A Federal Reserve Rate Hike Pause May Be On Its Way
The federal funds futures market is pricing in a roughly 70% chance that the central bank will pause rate increases in June. Plus, a look at home prices and Verizon’s earnings. Host: Katie Ferguson.
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4:07
Bed Bath & Beyond’s Closing Plans
Coca-Cola beats earnings and sales estimates amid price increases. Bed Bath & Beyond files for bankruptcy. Plus, Disney’s latest round of layoffs. Host: Katie Ferguson.
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3:45
Recession Fears On the Rise
The Conference Board’s Leading Economic Index declines for the twelfth month in a row. A preview of Amazon’s earnings this week. Plus, is a bargain store a bargain stock? Host: Katie Ferguson.
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