Market Check

The Fed left interest rates unchanged in June as Fed Chair Kevin Warsh led his first monetary policy meeting at the central bank, which faces elevated inflation due to the Iran war.

Verizon launches new Simplicity plans dropping activation and upgrade fees while introducing a loyalty program with 3% back on bills and brand perks.

Rivian laid off hundreds of workers in its service and customer division as the EV maker restructures teams to profitably scale its business.

SpaceX soared past Amazon's $2.66 trillion market capitalization on Tuesday as its momentum continued in the wake of its record-setting IPO on the Nasdaq last week.

Yum Brands agreed to sell Pizza Hut in a $2.7 billion transaction and approved a new $4 billion buyback authorization while prioritizing KFC and Taco Bell

Boating retailer West Marine filed for Chapter 11 bankruptcy and submitted plans to shutter 59 locations while pursuing strategic reorganization.

Oil prices fell to lowest levels since early March after President Donald Trump announced a preliminary U.S.-Iran agreement aimed at ending the war and reopening the Strait of Hormuz.

The Yum Brands-owned chain is introducing new menu items, sauces, beverages and restaurant concepts as part of a global strategy to strengthen its position in the chicken market.

SpaceX's IPO valued the rocket and satellite company at roughly $1.77 trillion, pushing Elon Musk's net worth to about $1.1 trillion and making him the first trillionaire on paper.

SpaceX raised $75 billion in the largest IPO in history, more than doubling the previous record as Musk eyes Starlink growth and space AI centers.

Mortgage rates ticked higher this week, with Freddie Mac reporting the average 30-year fixed loan rose to 6.52% as homebuyers continued to enter the market.

Papa Johns follows through on plans to close 300 stores, targeting franchise-owned locations generating less than $600,000 in annual sales by 2027.

General Motors announced a software update enabling EV owners to sell power back to the electric grid, with over 250,000 bidirectional EVs on U.S. roads.