The Federal Reserve is expected to raise interest rates Wednesday by a quarter point, but it also must reassure markets it can stem a worse banking crisis.
“Unfortunately, this Presidents Day sale doesn’t feel like it’s over,” CNBC’s Jim Cramer said.
China’s Vice Premier Liu He said that the world “needs to abandon its Cold War mentality” and seek to strengthen international cooperation.
Disney CEO Bob Iger told hybrid employees on Monday they must return to corporate offices four days a week starting March 1.
Epic Games was hit with a $520 million penalty this week for multiple infractions, including tricking players into spending money on “unwanted charges.”
In a tweet early Wednesday, Musk called on the Fed “to cut interest rates immediately” or risk “amplifying the probability of a severe recession.”
The Department of Transportation has sparred with airlines over refund delays and flight disruptions.
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