Several OPEC+ members’ decision to further cut oil supplies adds to the global challenge of reining in firm inflation rates.

The biotech industry is adopting AI quickly, but without workers conversant across computational and core sciences like biology and chemistry, it will fail.

Macy’s said Bloomingdale’s CEO Tony Spring will succeed Jeff Gennette in February.

The PCE price index and other inflation data face heightened scrutiny in the coming months as the market is becoming more at odds with the Fed’s base case.

Central banks and regulators had hoped that the Credit Suisse rescue deal would help calm investor jitters about the stability of Europe’s banks.

GM did not announce a replacement or next-generation of the car, but it said the current sixth-generation muscle car will not be the “end of Camaro’s story.”

Virgin Orbit is returning a “small team” to work on Thursday, as the company aims to prepare for its next rocket launch even as its future remains in doubt.

JPMorgan’s Kian Abouhossein described a Credit Suisse takeover by UBS as “the more likely scenario.”

A fight has broken out between veteran activist Carl Icahn and biotech company Illumina as the investor nominates three candidates to the board.

The Fed chair needs to balance the committee’s rate decision with the counterweight of his commentary.

Chairman Jerome Powell and his fellow central bankers will want to signal that it’s important to continue the fight to bring down inflation.

While Gundlach sees more tightening ahead, he doesn’t think that’s the appropriate response right now as regulators’ rescue programs are inflationary in nature.

Walt Disney (DIS) and Ford Motor (F) could both be at inflection points. Here’s the latest developments on both Club holdings, along with our take.