Alex Eule

Stocks soared as Fed Chairman Jerome Powell took his inflation fight “directly to the American people.”

Two decades into the social media experiment, we’ve learned something new. It’s not a particularly good business.

Lawyers for Musk said on Friday that Twitter’s severance payments to a former employee violate the merger agreement. They say it’s a “separate and distinct” reason to terminate the deal.

Smucker, HP Inc., Dick’s, and Medtronic will also report as earnings wind down and shopping takes off in a week shortened by Thanksgiving and closing with Black Friday. On Wednesday, the Fed will release minutes from its November meeting.

Aaron Judge’s 62nd home-run ball would likely have been worth twice as much last year, before the Federal Reserve raised interest rates.

Google will be able to stream NFL Sunday Ticket to younger audiences on YouTube. Apple has been seen as a loser in the deal, but the iPhone maker has always operated differently from other big companies.

The company holds $487 million at SVB Financial. “At this time, the Company does not know to what extent the Company will be able to recover its cash on deposit at SVB.”

After SVB’s spectacular collapse late last week, bank stocks are sure to remain in focus. But inflation will return to the fore with the release of the consumer price index, and we’ll see earnings reports from Caterpillar, FedEx, and more.

Fitch issued a warning about U.S. debt, noting that its action “reflects increased political partisanship that is hindering reaching a resolution to raise or suspend the debt limit.”

Earnings reports from some of the most important tech companies are nearly here. Google-parent Alphabet and Microsoft, as well as AMD, provide updates after the market close today.