Business News

AM Business Notebook 

For: January 28, 2026

>>Ahead Of The Bell

(New York, NY)  --  The opening bell rings this morning after stocks closed mix yesterday, with the S&P 500 at a record high.  Gains in Big Tech provided a boost.  Apple and Microsoft were among the bright spots while UnitedHealth plunged weighing heavily on the Dow.  At the closing bell, the Dow Jones Industrial Average lost 409 points to 49-003.  The S&P 500 rose 28 points to 69-78.  The Nasdaq gained 215 points to 23-817.  Investors today will be keeping an eye out for earnings results from both Meta and Tesla.  

 

>>Fed To Announce Interest Rate Decision 

(Undated)  --  The Federal Reserve is set to announce its first interest rate decision of the year today.  It's expected that the central bank will leave interest rates unchanged for the time being, with the next meeting coming mid-March.  Fed Chairman Jerome Powell will deliver remarks following today's announcement.  

 

>>Consumer Confidence Plunges In January

(New York, NY)  --  Consumer confidence fell sharply in January.  The Conference Board's Consumer Confidence Index dropped nearly ten points to its lowest level since 2014 on concerns about pocketbook issues and the economy.  The board's chief economist noted all five components of the Index fell, reversing December's upwardly revised reading.  Concerns about prices and inflation remain elevated while mentions of trade and tariffs rose in January.  Fewer consumers said they plan to buy big tickets items including homes and electronics over the next six months.  

 

>>Dollar Falls 1.3%

(Undated)  --  The dollar fell one-point-three percent Tuesday, the biggest one-day slide since last April.  The value has fallen ten-percent over the last year.  The dollar is currently at its lowest value since February 2022.

 

>>Yale Announces Free Tuition For Families Making Under $200K

(New Haven, CT)  --  Yale University is announcing families who make below 200-thousand dollars will receive free tuition.  The move is set to go into effect during the 2026-2027 academic year, giving those who make less than the number tuition scholarships, while those who make less than 100-thousand will have all costs eliminated.  The school said in its announcement that half of American households with school-aged children would be eligible.

 

>>UPS To Cut 30K Jobs This Year

(Atlanta, GA)  --  UPS is planning to cut 30-thousand jobs this year as it winds down its partnership with Amazon.  Company officials announced the move following the company's quarterly earnings release Tuesday.  Most of the cuts are expected to be accomplished through attrition with a voluntary separation program offered to full-time drivers. The latest cuts come after UPS eliminated 48-thousand jobs in a belt-tightening move in 2025.  


 

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