Nightly Business Report
Countdown to The Fed, a Facebook freeze and a red-hot Snowflake
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:44:10
- More information
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Synopsis
The Fed is set to announce its decision on interest rates, wrapping up its final meeting before the election. We look at the market-moving comments investors need to watch for.Plus, dozens of celebrities are freezing their Instagram accounts as part of a one-day boycott. We explore the movement behind the social media protest in Rapid Fire. And, data startup Snowflake soars at its public debut, with shares even halted temporarily amid a rush of buying. We discuss whether there’s too much froth in piping-hot software IPOs.