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Earnings Results: Cisco stock plunges more than 15% as China lockdown, uncertainty weigh on outlook
Cisco Systems Inc. shares plunged in the extended session Wednesday after the maker of network services, videoconferencing tools and security software’s revenue results and outlook for the current quarter fell well short of Wall S
: Under Armour CEO Patrik Frisk steps down after two-plus years
Under Armour said that Patrik Frisk will step down June 1 and be replaced on an interim basis by Colin Browne, the chief operating officer.
In One Chart: Here’s what a modern Volcker-style inflation fight could look like, SocGen says
Here’s what could be in the cards if the Federal Reserve goes “Volcker-style” in its inflation fight, says Societe Generale’s global quantitative research team.
Dispatches from a Pandemic: Desperate for baby formula, low-income families struggle with government’s nutritional-aid program: ‘You call the doctor’s office for your son, and they can’t help you’
Doctors and institutions are pointing to WIC as a way to help parents to secure baby formula, but some parents report that it didn't help.
Deep Dive: Wednesday’s worst-performing stocks mostly come from this one sector that has investors really worried
Investors were spooked after Target and Walmart reported declines in profits.
The Fed: Fed will keep raising interest rates until it is ‘confident’ inflation is moving down, Harker says
The U.S. central bank will continue to raise interest rates at a measured pace until policymakers are confident that inflation is moving down toward the 2% annual rate goal, said Philadelphia Fed President Patrick Harker on Wednes
Market Extra: Why is the Dow falling? Inflation jitters killing fragile ‘bear market’ bounce
Stocks fail to build on a recent bounce, underlining expectations that stagflation fears will continue to dog the market.
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