2. Federal Reserve Announces Its Decision on Interest Rates
Powell announced that the Fed will keep the interest rate at their current level of 5.25-5.5 percent, their highest for nearly 20 years. Read More
3. 15 Percent of Peloton Staff Are Laid Off As CEO Steps Down
Peloton, the manufacturer of fitness equipment and provider of online workout classes that took off during the covid pandemic, has recently announced that 400 employees will be laid off. Read More
4. Dave & Busters Get Into the Betting Game
Booze and betting, what could be better? Dave and Buster's, the well known restaurant and entertainment chain, is venturing into the betting business as a way to generate extra revenue. Read More
5. Worried About Summer Gas Prices? Buy Energy Stocks
You could turn pain at the pump into a financial bump if you buy the dip on energy stocks, one analyst says. Read More