Fed Minutes, Levi’s Earnings, Stellantis EV Day, and Other Things to Watch This Week
U.S. stock and bond markets are closed on Monday for $Independence$ Day. The highlights next week will be on the economic and policy fronts, with little corporate news. Levi Straussreports fiscal second-quarter earnings on Thursday, when Stellantis also hosts an investor event to discuss the carmaker’s electrification strategy.On Wednesday, the Federal Reserve’s policy committee publishes minutes from its eventful mid-June meeting, when officials signaled sooner interest-rate increases and taper
Apple's TV service faces its biggest test yet as free trials run out
Starting in July, Apple will no longer provide a free year of the streaming service with purchases. Instead, it will offer 3 months.Also in July, the first subscribers to activate Apple's promotional offer will start to be automatically billed for the service after watching its shows for nearly 21 months for free.Apple still has a much smaller content library than rivals such as Netflix and Disney.The training wheels are about to come off for Apple TV+, the company's streaming video service.Appl
Microsoft sent a strong signal to developers that could hurt Apple and Google
Microsoft launched a broadside against rivals Apple and Google on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer