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— Dow Jones Industrial Average and S&P 500 soar to all-time highs
— FOX Business Exclusive: Federal Reserve President Mary Daley on next interest rate move
— Former President Trump sweeps Iowa and heads to New Hampshire as the conversation swirls about who he will choose as vice president.
— Davos Recap: What World Leaders and American Businessmen Are Talking About
— U.S. debt is a ticking time bomb
— Disney CEO Bob Iger feels the heat on big payday
Read on the FOX Business app
— Macy’s store closures and layoffs
— Spirit Airlines terminates contract with JetBlue…perhaps permanently?
Top story: Stock prices soar The Dow Jones Industrial Average and S&P 500 hit all-time highs this week, and the broadest measure of stock prices is now at its highest level since January 2022…Continue reading here.
video: How the artificial intelligence bull is driving stock price gains. For example, Nvidia’s stock price has increased 20% this year alone.
Fed rate cut likely to be delayed: Atlanta Fed President Rafael Bostic and San Francisco Fed President Mary Daley both tempered market expectations for a rate cut in March in exclusive interviews with FOX Business.Continue reading here. done. The market currently expects the first rate cut to occur in May, according to CME’s FedWatch tool.
video: The Fed’s Mary Daly said hopes of cutting rates were “premature.”
Davos movers and shakers: Meanwhile, the US election and the Federal Reserve’s next move are among the hottest topics as foreign world leaders and American business leaders gather in the picturesque mountains of Davos, Switzerland. was.
video: David Rubenstein, co-founder of The Carlyle Group, spoke about the Fed’s future actions.
President Trump sweeps Iowa: Former President Trump led the Republican candidates and won the state of Iowa by a wide margin. Speculation is now mounting over who he might nominate as vice president. FOX Business’ Charlie Gasparino reports on the finalist list…Continue reading here.
video: How is President Trump captivating voters?
New Hampshire Primary: What you need to know
Mountain of debt: The national debt, which measures the amount the United States owes its creditors, is on the rise after reaching an all-time high of $34 trillion. This is why it matters…Continue reading here.
video: The US government has a spending problem.
Opinion against Disney?: The media giant plans to cut CEO Bob Iger $31 million in 2023 as the company reportedly cuts thousands of jobs and leaves the rank-and-file workforce in disarray. He announced that he had canceled his huge salary. But that’s not all. Trian Fund Management’s Nelson Peltz thinks Disney, whose stock has fallen 7% in the past 12 months, should be doing more for investors. That’s why he targets the company…Continue reading here.
Disney CEO Bob Iger receives huge payout
Macy’s malaise: The company plans to lay off more than 2,000 people, or 3.5% of its workforce, and close five stores nationwide as it struggles with the evolution of how consumers shop and spend. List of Macy’s stores that are closing.
Grounded!: A federal judge has blocked the $3 billion merger between JetBlue and Spirit Airlines, casting doubt on whether one of those airlines can survive on its own…Continue reading here. Late Friday, the carrier filed a notice of appeal.
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Original article source: Dow and S&P hit all-time highs. Macy’s stores closed. Disney CEO Iger’s payday.and Spirit’s contract with JetBlue is terminated.
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