Text size Wall Street continues to center on how aggressive the Federal Reserve will be in boosting interest rates. Angela Weiss/AFP via Getty Images US stock indexes opened in the green on Tuesday, extending a string of gains that began last week. Optimists believe that a bottom had been found after a brutal start to … Read more
An advocacy group this week accused Roblox Corp.’s online gaming platform of deceiving players partly by failing to clearly distinguish marketers’ promotional “advergames” from regular gameplay. “Roblox has failed to establish any meaningful guardrails to ensure compliance with truth in advertising laws,” Truth in Advertising Inc. wrote in a complaint to the Federal Trade Commission, … Read more
In the face of turbulent economic times, Walt Disney Co.’s theme-park business could still see some magic. Bank of America’s Jessica Reif Ehrlich wrote Thursday that attendance at Disney DIS, -0.33% parks “remains resilient despite recent macro volatility as visitors rarely cancel trips once booked.” She added that the company’s move to cancel Disneyland annual … Read more
Text size Uncredited US stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders, and economic-data releases when investors return this week. Companies reporting quarterly results will include Lennar on Tuesday; FedEx , BlackBerry , and Darden Restaurants on Thursday; and CarMax … Read more
