UPS’s stock dropped Wednesday, after the Teamsters said the delivery giant “walked away” from talks after its labor contract offer was unanimously rejected.
Economic Report: U.S. factory orders rise in May, fifth gain in past six months
Orders for U.S. manufactured goods rose 0.3% in May, the Commerce Department said Wednesday.
Help My Career: ‘I’ve been here for 5 years!’ And other things not to say when you ask your boss for a pay raise
An increase in rent or grocery prices are not the concern of your employer, career coaches say.
: Mullen Automotive’s stock rockets on record volume after EV maker vows to ‘take action’ against naked short sellers
Mullen Automotive’s stock skyrocketed Wednesday on record volume, after the electric-vehicle maker vowed to combat illegal naked short-selling activities.
: Environmental protesters Just Stop Oil disrupt Wimbledon tennis match
An environmental protest group interrupted play at the Wimbledon tennis tournament on Wednesday, the latest disruption by climate-change protesters in the U.K.
: Bankrupt Bed Bath & Beyond’s stock rises premarket, continuing rally
Shares of bankrupt Bed Bath & Beyond rose 3.8% in premarket trades Wednesday.
The Tell: U.S. stocks may be in for rude awakening as rate cuts might not arrive until 2026, new Fed paper finds
A team of Federal Reserve economists have a troubling message for markets: interest rates could be kept above 5% for much longer than investors are anticipating. Perhaps until 2026.
Metals Stocks: Gold prices end lower as investors weigh prospects for Fed interest rates
Gold prices finish lower Wednesday, then extend their decline in electronic trading.
: Rivian’s stock rises after upgrade with analyst saying entry to Europe is a welcome boost
Rivian’s electric delivery vans made for Amazon are arriving in Europe in the coming weeks.
The Ratings Game: Rivian stock’s biggest bear backs away from their sell call
Rivian’s stock jumped toward a near five-month high Wednesday, after an analyst who was its biggest bear backed away from his sell recommendation.
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