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
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