This Week in Commerce: Amazon Pet Day, DTC earnings, Fed decision

Check out the calendar for April 30-May 4.

a shopify bag on a table
(Photo via Shopify)

Welcome to a new week. All economic eyes are on the Federal Reserve, as its key committee will issue the latest decision on interest rate hikes Wednesday. Meanwhile, earnings season rolls on with a focus on DTC, from platforms like Shopify to brands like Solo and Figs.

Here’s a look at the calendar:


Amazon Pet Day: Our very good friends get their own Prime Day. The 48-hour deals event will feature deals on pet products ranging from home and personal care to supplies and electronics. Dolly Parton will be featured on Amazon Live throughout the extravaganza. (May 2-3)

Economic Indicators

Federal Reserve rate hike decision: The Federal Open Markets Committee delivers its latest verdict on whether it will raise its benchmark interest rate, and by how much. The decision comes as economic data shows the Fed’s interest rate hikes are impacting demand, and the central bank weighs whether to pause interest rate hikes due to the financial turmoil triggered by the collapse of Silicon Valley Bank. (May 3, 2:30 p.m.)

Jobs report: The U.S. Labor Department issues key employment data for April 2023, including the number of new jobs created and the unemployment rate. (May 5, 8:30 a.m.)


Tuesday, May 2: Clorox, Uber.

Wednesday, May 3: Kraft Heinz, Gap Inc.

Thursday, May 4: Blue Apron, BigCommerce, Solo Brands, Apple, Kellogg Co., DoorDash, Figs, Shopify, Wayfair.

Friday, May 5: Qurate Retail Group.

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