![]() inventoriesĭow down 250 points as debt-ceiling talks drag on, Fed officials divided on support for more rate hikes Oil prices end at a more than 3-week high after this year’s largest weekly drop in U.S. JPMorgan puts odds of no debt-ceiling deal by early June at ‘around 25% and rising’ģM, Boeing share losses contribute to Dow's 150-point fall ![]() The CMA has argued that the acquisition would give Microsoft an unfair advantage over competitors with its control of such hit franchises as “Call of Duty” and “Overwatch.” regulators said in April they would prohibit the deal on anticompetitive concerns. Mid-month, EU regulators approved the deal, after U.K. “The CMA’s decision is flawed for multiple reasons, including its overestimation of the role of cloud streaming in the gaming market and our position in it, as well as its unwillingness to consider solutions that received overwhelming industry and public support,” a Microsoft spokesperson told MarketWatch in an emailed statement. Microsoft confirmed to MarketWatch earlier reports that the U.K.’s Competition and Markets Authority has tentatively scheduled appeal hearings during the weeks of July 24 and July 31. antitrust regulators to block the tech giant’s $69 billion acquisition of the videogame publisher. ATVI towards the end of July will get to appeal the decision by U.K. ‘Criminals will always innovate.’ How scammers abuse AI and what we can do to fight it. The Federal Reserve is in a deep hole - and it has only itself to blameĬhevron’s ‘defensive characteristics’ make it well-positioned for economic uncertainty, JPMorgan saysĪmerica and China are fighting to keep the other down. ‘The algorithms create an ugly funhouse mirror’: Using ChatGPT at work can damage your career. stocks lower after April job openings post surprise increase, debt-ceiling vote looms in CongressĬDC says sick leave can prevent food poisoning - yet a paltry number of food workers get paid leaveĭebt-limit deal is a blow to public health, experts say ‘I’m 63 and desperately hate my work’: Should I pay off my mortgage, claim Social Security and quit my job?ĭow drops 181 points on losses for 3M, Home Depot stocksĪpple’s App Store generated $1.1 trillion in sales in 2022 Jefferson says skipping a rate hike in June could give Fed time to see more economic data to determine peak levelįed’s Harker says he thinks U.S. Investors don’t need to ‘sell in May’: stocks tend to drift higher during lazy summer trade Jefferson says potential pause ‘should not be interpreted to mean’ Fed has reached terminal rate ![]() rejection of Activision deal at end of JulyĮarth is ‘really quite sick now’ and in danger zone in nearly all ecological ways, study saysĪugust gold climbs $5, or nearly 0.3%, to settle at $1,982.10/oz on Comexįed’s Harker wants to ‘skip’ the June meeting, but ready to hike again if needed ![]()
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