McCormick investors like the $44.8 billion Unilever Foods deal, even though there’s a catch
McCormick’s stock was set to surge amid talks to combine with Unilever’s foods business, but there’s no mention of the deal in the earnings report.
Delta Air Lines taps Amazon Leo for in-flight Wi-Fi as streaming wars heat up
Delta says the Amazon Leo in-flight Wi-Fi will be available starting in 2028 on 500 initial aircraft.
Most people have already gotten their tax refunds. That’s bad news for restaurants and retailers.
A $1 increase in gas prices can lead to around six fewer drive-thru customers a day, a recent analysis found.
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Stock futures jump, oil prices retreat on report Trump willing to end war
The president is willing to end hostilities even if the Strait of Hormuz remains largely closed, WSJ reports
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U.S. stocks are faring worse than during past geopolitical shocks — and there’s plenty of room for them to fall further
The S&P 500 is down 7.4% since the Iran conflict began — worse than the median 6.1% decline during previous geopolitical shocks.
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Fed chief Powell says risks to economy suggest rates could go lower or higher
Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be.
The S&P 500’s correction is ‘getting closer to its ending,’ says Morgan Stanley’s Mike Wilson
Here’s what makes this cycle different than others that saw oil prices spike.
