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  • Yahoo Finance Video

    What's driving the economy right now: Stocks in Translation

    The Federal Reserve wants to get inflation down to its 2% target. That's why the central bank is likely to keep interest rates higher for much longer than most had initially expected. With inflation data rolling in hotter-than-expected, some analysts on Wall Street have weighed in thinking the Fed may not have as much of an impact on the market anymore. If that's the case, then which factors have a true impact on the economy? Yahoo Finance Reporter Jared Blikre is joined by Founder & CEO at Exante Data Inc. Jens Nordvig for the latest edition of Stocks In Translation to discuss AI, inflation, health of the US economy, and break down factors that affect the economy. For more expert insight and the latest market action, click here This post was written by Nicholas Jacobino

  • Benzinga

    Check Point Software's Products and Licenses Revenue Falls In Q1, Stock Slides

    Check Point Software Technologies Ltd (NASDAQ:CHKP) reported fiscal first-quarter 2024 revenue growth of 6% year-on-year to $598.80 million, beating the consensus of $595.12 million. The American-Israeli enterprise security solution provider's adjusted EPS of $2.04 beat the consensus of $2.01. Revenue from Products and licenses declined 7.1% to $100.3 million, Security subscriptions increased 15.4% year over year to $263.4 million, and Software updates and maintenance grew 2.2% year over year to

  • Reuters

    US ban on worker noncompetes faces uphill legal battle

    The U.S. Federal Trade Commission's ban on "noncompete" agreements commonly signed by workers is likely vulnerable to legal challenges, experts said, as some courts have grown increasingly skeptical of federal agencies' power to adopt broad rules. The commission in unveiling the rule on Tuesday said agreements not to join employers' competitors or launch rival businesses suppress workers' wages and stunt their mobility and job opportunities. About 30 million people, or 20% of U.S. workers, have signed noncompetes, the agency said.