Legendary/Warner Bros.’s Godzilla x Kong: The New Empire is showing no signs of slowing down at the box office. After an impressive $80M Easter weekend start, the movie is projected to have a strong second weekend with a -55% to -60% drop, bringing in between $32M-$36M. The Adam Wingard directed Monsterverse title has already accumulated
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Federal Reserve President Loretta Mester remains optimistic about potential interest rate cuts this year, despite ruling out the possibility of cuts at the next policy meeting in May. She emphasizes the importance of data in shaping her confidence in the trajectory of inflation, indicating that her perspective on rate cuts is reliant on the progress
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The spring housing market has defied expectations by not cooling down despite higher mortgage rates. Typically, higher rates lead to a decrease in both prices and demand, but that is not the case at the moment. The current situation is a result of the shortage of homes for sale, as existing homeowners are unable to
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Cleveland Fed President Loretta Mester recently expressed her stance on interest rate cuts, emphasizing the need to strike a balance between cutting rates too early and keeping them higher for an extended period. She highlighted the risks associated with both scenarios, pointing out that premature rate cuts could undo progress made on inflation, while maintaining
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Paychex, a payroll and human resources software provider, is set to release its earnings report tomorrow. Last quarter, the company reported revenues of $1.26 billion, falling short of analyst predictions by 0.7%. This disappointing performance raises questions about the company’s ability to meet market expectations. Analysts are currently anticipating a 5.5% year-on-year increase in revenue
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Doug Liman’s modern take on the classic 1980s film, Road House, has proven to be a massive hit on Prime Video. With over 50 million viewers tuning in over the first two weekends, the reboot has shattered records for Amazon’s original movie releases on the platform. This success is a testament to the hard work
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Micron Technology saw a slight increase in its shares after Bank of America raised its price target on the chipmaker. The analyst is forecasting a significant growth in high-bandwidth memory technology demand, estimating it to surpass $20 billion by 2027. Shares of 3M rose nearly 3% following the completion of its spinoff of health-care company
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