The week ahead
For a second straight week, a parade of Fed officials will hit the speaker circuit. And, expect earnings news from big names in retail and tech. Here’s what to watch:
Monday: Presidents of several regional Fed branches — Mary Daly of San Francisco, Raphael Bostic of Atlanta, Tom Barkin of Richmond and Jim Bullard of St. Louis — will speak at various events. Their views on interest rates will probably be a hot topic.
Tuesday: Lowes, Autozone, Dick’s Sporting Goods and BJ’s Wholesale report earnings, giving snapshots on retailers’ health amid climbing inflation.
Wednesday: Nvidia and Snowflake report, offering insight into the markets for computer chips and cloud computing. The Fed releases minutes from its latest rate-setting meeting.
Thursday: Best Buy, Costco and Dollar Tree report.
Friday: The Commerce Department releases data on personal consumption expenditure, a closely watched measure of inflation. The University of Michigan also publishes its latest consumer sentiment report.
THE SPEED READ
Syngenta, the Chinese-owned agricultural giant, said it is seeking to raise $9.3 billion by going public on Shanghai’s stock exchange. (Bloomberg)
Exxon Mobil reportedly paid over $100 million for the rights to mine lithium, a metal critical to the electric vehicle industry, in Arkansas. (WSJ)
Best of the rest
Uber suspended its diversity chief, Bo Young Lee, following complaints about an employee panel she hosted. (NYT)
David Zaslav, the C.E.O. of Warner Bros. Discovery, faced pro-writers protests at Boston University, where he was delivering the commencement speech. (Hollywood Reporter)
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