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Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), organic and sustainable produce, and developer of the
Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), organic and sustainable produce, and developer of the
David Solomon, CEO of Goldman Sachs, has been named the new chair of The Business Council, succeeding Brian Cornell of Target Corporation. Solomon will lead the organization during a pivotal period marked by AI advancement and complex global economic challenges. The Business Council, established in 1933, serves as a forum for world-leading CEOs to collaborate on business solutions.
The Federal Reserve's 0.25% rate hike in September, with inflation at 3.7%, signals potential additional hikes in 2026. Rising interest rates affect retail stocks differently: Costco and Walmart are positioned to benefit from higher inflation and affluent consumers trading down, while Home Depot faces headwinds from reduced home improvement spending due to higher mortgage rates. Target's turnaround momentum could be threatened by inflation-weary consumers seeking bargains.