Additionally, Federal Reserve officials, including Fed Vice Chair Philip Jefferson, Boston Fed President Susan Collins, and Fed Governor Lisa Cook, will provide insight into inflation and the path for interest rates.Asian markets reach the mid-point of the week still sailing in fairly calm waters, although signs that the recent decline in U.S. bond yields and the dollar is losing steam could be about to suck the life out of the recent rally in risk assets too.
Yahoo Finance Health Reporter Anjalee Khemlani joins Wealth! to analyze this morning's round of earnings out from top health companies, including health insurance provider Oscar Health , consumer health product maker Kenvue , and telehealth distributor Hims & Hers Health . Most notably, Oscar Health reported a profitable quarter as it saw enrollment figures rise. Kenvue's stock is moving higher Tuesday morning while also announcing plans to layoff 4% of its workforce.
Self-driving technology company Motional said on Tuesday it will pause robotaxi deployments with ride-hailing firms Uber Technologies and Lyft, while it lays off staff as part of its restructuring process to focus on technology development. The development comes ahead of electric carmaker Tesla's unveiling of its robotaxi, dubbed "Cybercab", on Aug. 8 and as legacy automakers limit spending on expensive autonomous driving technology in the face of regulatory and safety hurdles.
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