"Powell's Remarks and Market Activity: Latest Updates"

Spotify may be preparing for a new product rollout despite parting ways with Prince Harry and Meghan Markle; the IRS has processed tens of millions of tax returns faster this year and improved customer service; a second high-profile Disney executive has departed the company; Federal Reserve Chairman Jerome Powell will deliver his semi-annual testimony on Capitol Hill; FedEx shares sank after revenues disappointed, and the company is now discussing cost-cutting measures. Meanwhile, a Canadian military surveillance aircraft has detected underwater noises as a massive operation searched for a submersible that vanished while taking five people down to the wreck of the Titanic.