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Categories: Business

For: October 29, 2026 

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher on Wall Street Wednesday.  It comes as investors are digesting the Federal Reserve's decision to leave interest rates unchanged.  At the closing bell, the Dow Jones Industrial Average gained 97 points to 52-475.  The S&P 500 rose 21 points to 77-43.  The Nasdaq climbed 72 points to 26-549.

 

>>Fed Chair Warsh Explains Interest Rate Hold

(Washington, DC)  --  Federal Reserve Chairman Kevin Warsh is explaining the decision to leave interest rates unchanged.  Following the Fed's announcement Wednesday that interest rates will stand pat, Warsh said the job market remains strong, but persistent inflation remains a problem.  He repeated his inflation worries several times to reporters.  Warsh said the U.S. is experiencing healthy economic growth, despite ongoing "geopolitical events."  Rates remain in a range of three-point-75-percent to four-percent, and the next rate decision will come in December. 

 

>>Apple Unveils Touch Screen MacBook

(Cupertino, CA)  --  Apple is making a splash with its first touch screen laptop.  The tech giant unveiled the MacBook Pro with PRO-LED XDR Display on Wednesday.  It comes in 14 and 16 inch models and is also equipped with the Dynamic Island, a feature commonly seen on most iPhones.  Pricing starts at around 29-hundred dollars and tops out at nearly 32-hundred, depending on the model.  Customers can place pre-orders now with the MacBooks set to hit shelves November 6th. 

 

>>Americans Detail Financial Regret

(Undated)  --  Nearly 80 percent of Americans say they have at least one major financial regret, according to a new survey from Debt.com.  At the top of the list is delaying retirement savings and credit card debt.  The survey found that people holding six or more credit cards jumped to 16 percent.  The debt is real, too.  Some 40-percent of card holders owe between five-thousand and 15-thousand dollars.  It also found that one in five people don't have a single dollar saved for retirement.

 

>>New Instagram Video Format

(Undated)  --  Instagram is testing a new feature that will allow select creators to share horizontal content lasting up to 90 minutes.  The feature, called "Features," will create space for podcasts, interviews and comedy shows to be hosted on the Meta-owned platform.  This is one of several new features Instagram is testing, as they aim to be "the best place for social entertainment." The company says they also plan to expand Instagram for TV, and a feature called "Series" that will organize episodes of recurring shows, and help users discover livestreams.

 

>>Walmart Lowers Price Of Thanksgiving Meal

(Bentonville, AR)  --  Walmart is lowering the cost and providing more food for its Thanksgiving meals this year.  The retail giant announced its Holiday Meal Basket will cost just 35-dollars and feed up to ten people.  That's down from last year's price tag of 39-dollars-and-92-cents.  This year's basket will also come with 26 different items, 18-percent more than last year.  The deal includes a Butterball turkey and several sides like Stove Top stuffing, cranberry sauce and mashed potatoes and gravy.  The holiday baskets will available through Christmas Eve.

 

>>Wendy's Struggle With Beef Prices & Competition, Gets Buyout Offer

(Undated)  --  Wendy's shares jumped 15 percent Wednesday after investor Nelson Peltz made an offer to take the fast-food chain private.  Peltz's Trian Fund Management and its partners are offering seven-dollars-and-35-cents a share in cash, nearly 19 percent above Tuesday's closing price.  The bid comes as Wendy's struggles with rising beef prices, weaker traffic and increased competition, while closing hundreds of underperforming restaurants.  Trian already owns more than 16 percent of Wendy's, and Peltz says going private would give the company its best path forward.


 

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