Weight Watchers' New Year's Resolution, and Alibaba's Browser Boom

We kick off the first trading day of the new year with a look at some of the stocks moving. Weight Watchers shares are up after the company signed up DJ Khaled as its new social media ambassador. And Alibab's UC browser is gaining ground against Google Chrome in parts of Asia.

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The Fed Didn’t Cut Rates, But Hey, At Least They’re Not Raising Them

Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’

Tom Brady's Dual Role At Hertz: From Brand Ambassador To Customer

Tom Brady's Hertz partnership began in 2021. He's a brand ambassador and a customer. Let’s go!

The US is Facing Economic Woes According to Polling. But Is It Really?

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Today’s Inflation Report Is Great News If You Want Lower Rates

With a cooler-than-expected inflation report, the chances of a rate cut in September just ticked higher, this analyst says.

Dog fight! Joey Chestnut Out of July 4th Hot Dog Eating Contest

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Apple Intelligence Will Give Your iPhone an IQ Boost

Apple is going all-in on A.I. features, from conversational Siri prompts to custom emojis... but will it be enough to get consumers hooked?

Overall, the Economy Holds Up, But Some Americans Are ‘Struggling’

With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.

Credit Card Delinquencies Are Rising. What To Do if You’re at Risk

The share of credit card debt that’s more than 90 days overdue rose to 10.7% during the first quarter of 2024.

Nvidia’s Q1 Highs Lift Markets, But Consumer Spending Slowdown Looms Large

Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.

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