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Dollar Holds Near Two-Week Low as Fed Rate Hike Bets Ease

By Helene Elliott

The U.S. dollar traded near a two-week low as investors scaled back expectations of a Federal Reserve rate hike this year. The Japanese yen remained a focus, near a 40-year low.

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Comcast CEO’s NBCUniversal Spin-off Sparks M&A Speculation

By Norman Pearlstine

Comcast CEO Brian Roberts' plan to spin off NBCUniversal from the company is generating significant speculation in the financial world, with bankers anticipating a wave of potential mergers and acquisitions.

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PJM Escalates Emergency Actions Amid Generator Outages and Heat

By Mitchell Landsberg

PJM, the largest U.S. power grid operator, has escalated emergency actions due to generator outages, transmission line overload, and high demand from extreme heat.

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PECO workers strike for first time in company history

By Helene Elliott

PECO unionized workers have gone on strike for the first time in the company's 145-year history amid ongoing labor negotiations over wages and benefits.

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Utz Potato Chip Recall Escalates to Highest FDA Risk Level

By Norman Pearlstine

Utz Quality Foods' ongoing recall of Zapp's and Dirty potato chips has been elevated to a Class 1 recall by the FDA due to potential Salmonella contamination.

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Science

Dollar Holds Near Two-Week Low as Fed Rate Hike Bets Ease

By Helene Elliott

The U.S. dollar traded near a two-week low as investors scaled back expectations of a Federal Reserve rate hike this year. The Japanese yen remained a focus, near a 40-year low.

Comments closed

Comcast CEO’s NBCUniversal Spin-off Sparks M&A Speculation

By Norman Pearlstine

Comments closed

PJM Escalates Emergency Actions Amid Generator Outages and Heat

By Mitchell Landsberg

PJM, the largest U.S. power grid operator, has escalated emergency actions due to generator outages, transmission line overload, and high demand from extreme heat.

Comments closed

PECO workers strike for first time in company history

By Helene Elliott

PECO unionized workers have gone on strike for the first time in the company's 145-year history amid ongoing labor negotiations over wages and benefits.

Comments closed

Utz Potato Chip Recall Escalates to Highest FDA Risk Level

By Norman Pearlstine

Utz Quality Foods' ongoing recall of Zapp's and Dirty potato chips has been elevated to a Class 1 recall by the FDA due to potential Salmonella contamination.

Comments closed

Apple announced Siri AI, a significant upgrade designed to boost its digital assistant's capabilities and compete with rivals like ChatGPT. The update aims to integrate personal context and app operation, but faces questions about driving hardware upgrades and revenue.

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