business

DoubleLine Capital CEO Jeffrey Gundlach Warns Fed Must Act on Inflation to Achieve 2% Target

07/29/2026, 01:36 PM business forecast finance

Jeffrey Gundlach, CEO of DoubleLine Capital, emphasized that the Treasury market indicates the Federal Reserve must take concrete actions to achieve its 2% inflation target, rather than just making statements. This sentiment reflects investor skepticism about the Fed's commitment to its inflation goals.

Starbucks (SBUX) Set to Report Quarterly Earnings with Analysts Expecting EPS of 66 Cents and Revenue of $9.16 Billion

07/29/2026, 12:35 PM business forecast Analysts: analysts Starbucks

Starbucks is set to release its quarterly earnings, with analysts predicting a positive performance that reflects the company's ongoing recovery strategy.

Federal Reserve Maintains Interest Rates, Implications for Consumer Borrowing and Savings

07/29/2026, 11:36 AM business forecast finance

The Federal Reserve's decision to maintain interest rates could have significant implications for consumer borrowing costs and household budgets, particularly as inflationary pressures from rising energy prices persist.

Federal Reserve Holds Interest Rates Steady Amid Dissent from Three Officials Advocating for Hike

07/29/2026, 11:36 AM business announcement

The Federal Reserve decided to maintain its key interest rate between 3.5% and 3.75%, despite dissent from three officials advocating for a rate hike due to ongoing inflation concerns. This decision reflects a divided stance within the Fed as it navigates economic uncertainty and inflation pressures.

Hims & Hers Health (HIMS) Shares Drop 10% Following FTC Lawsuit Over Data and Billing Practices

07/29/2026, 11:36 AM business stock_drop healthcare Meta Platforms Hims & Hers Health Snap

Hims & Hers Health's stock dropped significantly following a lawsuit from the FTC, which accuses the company of misleading consumers regarding privacy and billing practices. This legal challenge could have serious implications for the company's reputation and financial stability in the competitive telehealth market.

Federal Reserve’s Second Statement Under Chairman Kevin Warsh Reflects Shift in Communication Style

07/29/2026, 11:36 AM business announcement

The Federal Reserve's recent statement under Chairman Kevin Warsh reflects a significant shift in communication style, emphasizing brevity and clarity, which could impact investor expectations and market reactions to monetary policy.

Apple (AAPL) Shares Reach All-Time Highs as Traders Explore Earnings Strategies

07/29/2026, 11:36 AM business review tech finance Apple

Apple's stock has reached new all-time highs, positioning the company as a safe haven amid broader market volatility, particularly in the tech sector. This resilience is attracting investor interest as the company prepares for its upcoming earnings report.

New Research Suggests Alternatives to the 4% Retirement Withdrawal Rule for Maximizing Income

07/29/2026, 06:37 AM business research

Recent research suggests that the traditional 4% withdrawal rule for retirement income may not be the most effective strategy, highlighting the benefits of a partial annuity approach to balance income security and liquidity for retirees.

Humana (HUM) Reports Strong Q2 Earnings, Maintains 2026 Profit Outlook Amid Stable Medical Costs

07/29/2026, 06:37 AM business review healthcare Humana

Humana's second-quarter earnings exceeded expectations, but the company's unchanged profit outlook disappointed some analysts, leading to a decline in its stock price despite strong performance in its insurance and healthcare services segments.

Shareholders Sue Novo Nordisk Over Alleged Misleading Statements Regarding CagriSema Weight-Loss Drug

07/29/2026, 06:37 AM business announcement Novo Nordisk

A federal judge has allowed a lawsuit against Novo Nordisk to proceed, where investors allege misleading statements regarding the clinical trial of its weight-loss drug CagriSema, which could impact the company's market position amid rising competition.