Debt ceiling meeting, Disney earnings, and CPI report: Week ahead May 8, 2023
It's a big week for investors, earnings, inflation data and debt ceiling negotiations. Here's a closer look at what you need to know in the week ahead. First up with the June 1st debt ceiling deadline fast approaching, President Biden is set to meet with congressional leaders on Tuesday in hopes of restarting negotiations. Disney is just one of the high profile companies that will report earnings this week. Investors will be closely monitoring this report following the recent wave of layoffs and cost reductions across the entertainment giant. Airbnb, Rivian, Krispy Kreme and Beyond Meat are also on tap to announce their quarterly results. And Wall Street will be watching for the latest round of consumer numbers.
Have prices hit their high point? Will break down key inflation data when the consumer price index or CPI is released and if consumers sentiment continues to rebound despite economic uncertainty, stay tuned. Right here on Yahoo Finance for everything you need to know.
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