For Tuesday, July 28th, 2026
>>Wall Street Closes Mixed As Chip Stocks Fall
(New York, NY) -- Wall Street closed mixed Monday to kick off a busy week for tech earnings. The major indexes trimmed early gains as investors worried that high oil prices could prompt a surprise rate hike by the Federal Reserve on Wednesday. Semiconductor stocks fell broadly with AMD, Teradyne and Micron leading the decline. At the closing bell, the Dow Jones Industrial Average gained 262 points to 52-210. The S&P 500 rose a point to 74-13. The Nasdaq lost 43 points to 24-932.
>>Fed Reserve Kicks Off Meeting Ahead Of Rate Announcement
(Washington, DC) -- The Federal Reserve kicks off its two-day meeting today ahead of its interest rate decision on Wednesday. A majority of investors polled believe the Fed will hold rates steady. Several Fed officials have recently expressed concern about persistently high inflation. President Trump is again calling for an interest rate cut. Speaking aboard Air Force One on Monday, Trump told reporters the new head of the Federal Reserve Kevin Warsh is doing a "fantastic" job, but the Reserve Board is "very political," and some members may have "bad intentions."
>>Gas Prices Up Over 20 Cents in a Month
(undated) - Gas prices are headed up again, due in large part to the ongoing war with Iran. Triple-A says the average price of a gallon of regular was four-dollars-and-11-cents Monday, up more than 10 cents from a week ago. A month ago, the national average was three-dollars and-88 cents, and, a year ago, it was three-dollars-and-15-cents.
>>Tech Giants Launch New AI Safety Initiative
(Undated) -- Tech giants are launching a new AI safety initiative focused on open models. Nvidia, SpaceX, Microsoft and several other companies launched the initiative following news that a Chinese open-weight AI model was able to defend against a cyberattack carried out by rogue OpenAI models. Now the tech giants are aiming to build and share open AI tools as lawmakers increasingly weigh how to curb growing adoption of Chinese AI models. Despite the concern, last week Nvidia, Microsoft, Meta, Palantir and more than 20 other companies released a letter urging policymakers to avoid "premature restrictions" on open-weight AI models that would "stifle competition or drive innovation overseas."
>>CEO Of Cracker Barrel Steps Down
(Lebanon, TN) -- The CEO of Cracker Barrel is stepping down. The restaurant announced on Monday that Julie Masino will step down from the role next month but remain with the company until October 9th in an advisory capacity. The news comes after Masino was in the middle of a controversy last year surrounding the restaurant's logo. Cracker Barrel's new logo had eliminated the image of a man known as Uncle Herschel sitting in a chair leaning against a barrel. The decision was quickly reversed after public backlash. David Deno will take over as the company's new CEO.
>>NBCUniversal's Peacock Joins YouTube
(Undated) -- YouTube Premium subscribers will soon have access to shows like The Office and Law and Order SVU as well as live sporting events. In a deal announced Monday, NBCUniversal's Peacock streaming service will be teaming up with YouTube in 2027 to create a new bundle that includes the network's streaming offerings. The service will be an add-on to existing YouTube Premium services and a price hasn't yet been announced. The move comes as NBCUniversal's parent company, Comcast, recently announced plans to spin off its media assets, including Peacock, into a separate company.
