News Summary

• The market is now forecasting the first rate cut will come in May, according to the CME's FedWatch Tool.VIDEO: Fed's Mary Daly says rate cut hopes "premature..
• DISNEY CEO BOB IGER PULLS IN MASSIVE PAY PACKAGEMACY'S MALAISE: The retailer will shed over 2,000 workers or 3.5% of its workforce and close five stores across the country as it struggles with the evolving way consumers shop and spend… The list of Macy's stores that are closing.GROUNDED!.
• : The media giant disclosed CEO Bob Iger pulled down a massive payday of over $31 million in 2023 as the company cut thousands of jobs, reportedly ruffling rank-and-file employees..
• : A federal judge blocked the $3 billion merger between JetBlue and Spirit Airlines, casting doubt over whether one of these carriers can survive on its own…continue reading here..
• Subscribe to additional newsletters from Fox News and FOX Business here.Original article source: Dow, S&P hit all-time high; Macy’s store closings; Disney CEO Iger’s payday; and Spirit-JetBlue deal groundedRelated Quotes.
• VIDEO: How Trump is wooing voters.NEW HAMPSHIRE PRIMARIES: WHAT TO KNOWDEBT MOUNTAIN: The mounting national debt, which measures what the U.S. owes its creditors, is heading even higher after hitting a record $34 trillion..