Stocks

FOX Business takes a look at the upcoming events likely to move financial markets in the coming days, including the Fed's latest decision on interest rates.

Ray Dalio, the founder of Bridgewater Associates, said in a post this week that interest rates will need to rise substantially in order to fight inflation.

The U.S. stock market is poised to tumble even lower in coming weeks as investors confront inflation that is still near a multi-decade high and rising interest rates.

FedEx is cutting back. The delivery giant said it is closing some stores and offices and also delaying hiring new employees due to a decline in its package delivery business.

FedEx shares plunged after the company reported that it was closing some stores, offices and scheduling fewer flights in cost saving measures.

Uber confirmed on Thursday that some of its internal computer systems had been breached by a hacker and it is being investigated. Uber said it was in touch with police about the hack.

The deal will be comprised of approximately half cash and half stock. Adobe will finance the deal through its cash on hand and if necessary, a term loan.

Shell has named 25 year company veteran Wael Sawany as CEO, taking over for Ben van Beurden at the end of the year.

Efforts are underway to simplify streaming for users. The recent trend of media companies wanting to combine their assets under one app may soon include The Walt Disney Company.

The restructuring plan will be completed by the end of the fourth quarter of 2022. Twilio expects to incur between $70 million and $90 million in related charges.

Palo Alto Networks joins Tesla, Amazon, Alphabet, Shopify and GameStop in making its shares more accessible to investors. Here is everything you need to know.

The shareholder vote follows Twitter whistleblower and former security chief Peiter "Mudge" Zatko's testimony to the Senate Judiciary Committee on Tuesday.

Peloton co-founders John Foley and Hisao Kushi are resigning from the company. The leadership changes come as the fitness giant has embarked on an $800 million restructuring plan.

Time is running out for more than a million Americans to collect refunds from the IRS and a Federal Reserve Bank of New York survey reveals a key prediction about inflation.

GE annnounced it aims to complete the spinoff of its health care unit in early January and tapped the planned independent company's board of directors.

Elon Musk's legal team claims Twitter's $7.75 million in severance payments to its former security chief and his counsel violated the acquisition agreement.

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days, including some big matters for Twitter.

Warren Buffett's Berkshire Hathaway added to its holdings in Occidental Petroleum, boosting it stake to 26.8% from 20.2%.

Disney CEO Bob Chapek has rejected activist investor Daniel Loeb's call for the media company to sell or spin off ESPN, saying he has plans for the network.

Traders will be watching shares of T-Mobile following the announcement of a $14 billion share buyback. Shares of Smith & Wesson will also be closely watched after a drop in demand.