Doug Krizner

Shares in Snowflake are up nearly 34% in late U.S.

trading.

Fed Governor Lisa Cook says inflation is headed in the wrong direction, and she said she would be prepared to raise interest rates if that persists.

Here is Cook speaking at Stanford University.

For now, Cook favors holding interest rates steady, and she is expecting price growth to cool again in the coming months.

Emergency crews in Washington state have resumed searching for nine missing workers at a paper mill following the rupture of a storage tank containing a highly caustic chemical.

Authorities have put the presumed death toll at 11.

Now, the recovery effort is being complicated because authorities need to stabilize the tank before looking for bodies.

And because of the danger, that work can only be done during daylight.

Here is Washington Senator Patty Murray.

That is Washington Senator Patty Murray.

Boeing gave investors an optimistic forecast for this year and beyond.

The aircraft maker raised production of its 737 MAX jet.

The company also is expecting a windfall from U.S.

defense spending.

Here is Boeing CEO Kelly Ortberg.

That is Boeing CEO Kelly Ortberg speaking at the Bernstein Strategic Decisions Conference.

U.S.

mortgage rates increased last week to the highest level since August.

The Mortgage Bankers Association says in the latest week the contract rate on a 30-year mortgage rose nine basis points to 6.65%.