Wall Street week ahead: Fed minutes, unemployment data, consumer sentiment updateWall Street has a busy week ahead with a mix of economic updates and details about the Federal Reserve’s decision to raise interest rates at its last meeting. The updates include fresh data on the health of the services sector, unemployment and consumer sentiment. Those reports can help give investors and economists more insight into how businesses and…The Atlanta Journal-Constitution3d agoWhole story →CommerceEconomyfed minutes release
Walmart says it's not using personal information to set prices as it expands digital shelf labelsWalmart is aiming to assuage customers' fears about its new pricing technology as it rolls out digital price labels at its stores. In a statement posted online, Walmart Inc.’s CEO John Furner vowed that the Bentonville, Arkansas-based retailer isn’t using personal information like income, shopping history or a shopper’s willingness to pay to set prices…The Atlanta Journal-Constitution8d agoWhole story →TechnologyCommerce
More than 160,000 pounds of meat bearing false USDA inspection labels recalledMore than 83 tons of meat are being recalled across the country because the products were not properly inspected by federal authorities and were shipped out with false inspection stickers. The U.S. Department of Agriculture said Tuesday that the nationwide recall impacts more than 167,000 pounds of raw pork, beef, and goat produced by Star Meat Delivery…The Atlanta Journal-Constitution11d agoWhole story →CommerceFoodusda meat recall
Atlanta’s Corpay to settle hidden fees lawsuit for $100MAtlanta-based company Corpay has agreed to pay $100 million to the Federal Trade Commission to settle a lawsuit alleging it duped customers, mostly small businesses.The Atlanta Journal-Constitution15d agoWhole story →CommerceEconomyftc lawsuit settlement
US futures climb ahead of Fed interest rate call and the latest retail sales numbersU.S. futures are rising as investors await the Federal Reserve’s decision on interest rates, with high expectations of a hike. The potential hike will be the first in three years as inflation remains elevated in the United States and above the Fed’s target. Futures for the S&P 500 gained 0.2% on Wednesday, while those for the Dow Jones Industrial Average…The Atlanta Journal-Constitution19d agoWhole story →CommerceEconomy
College sports bill clears first major hurdle in the SenateLegislation to broadly regulate college sports has cleared a first major hurdle in the Senate. The Senate voted Tuesday to consider the bill, a significant step forward as senators from both parties have made the legislation a priority. The bill aims to put guardrails around escalating spending in college sports as the industry struggles to adapt to a…The Atlanta Journal-Constitution20d agoWhole story →CommerceEducationTed Cruzcollege sports bill vote
Wall Street week ahead: Federal Reserve decision on interest rates, retail sales updateThe Federal Reserve and its interest rate policy will be the main focus for Wall Street this week. The central bank will close out its two-day meeting on Wednesday, and it could raise its benchmark interest rate in an effort to tame stubbornly high inflation. Wall Street will also get an update Wednesday on U.S. retail sales for August. That could…The Atlanta Journal-Constitution24d agoWhole story →CommerceEconomyfederal reserve meeting
Democratic congressman asks the CFPB to investigate 'rent now, pay later' companiesA Democratic member of Congress is calling for a federal investigation into the "rent now, pay later" industry. Rep. Maxwell Frost from Florida has sent a letter to the Consumer Financial Protection Bureau, asking the agency to investigate these companies for potential violations of consumer protection laws. He also wants to know if landlords are pushing…The Atlanta Journal-Constitution3mo agoWhole story →CommerceBuildMaxwell Frostcfpb investigation request
