ZidiBlog

Stock Market Today: Tech-heavy Nasdaq drops sharply; Dow and S&P 500 fall after PCE inflation report as stocks head for weekly decline - MarketWatch

Kraft Heinz nears deal to break up, WSJ reports - Yahoo Finance

(Reuters) -Kraft Heinz is closing in on a plan to break itself up, the Wall Street Journal reported on Friday, citing people familiar with the matter. The transaction, aimed to split the company int…

Judge considers request to block Trump’s ouster of Federal Reserve board member - The Washington Post

The Trump administration's bid to remove Lisa Cook from the Federal Reserve board has been temporarily blocked by a federal judge, who expressed skepticism over the president's claims of misconduct. …

More companies pull thousands of packages of shrimp for potential radioactive contamination - The Seattle Times

More companies are recalling tens of thousands of packages of imported shrimp sold at Walmart, Kroger and other U.S. stores because they may contain radioactive contamination, according to federal no…

Tesla Stock Drops as Musk’s SEC Battle Takes New Twist. What to Know. - Barron's

PCE Inflation Data Passes First Test Of Fed Rate-Cut Shift (Live Coverage) - Investor's Business Daily

The Federal Reserve's primary inflation rate, the core PCE price index, matched expectations for July in the first big data test for Federal Reserve policy since Chairman Jerome Powell signaled a res…

Trump administration cancels $679 million for offshore wind projects - CNBC

The Department of Transportation on Friday canceled $679 million in federal funding for a dozen infrastructure projects that would support offshore wind power in the U.S., the latest attack in Presid…

Nvidia Stock Slips. Why Wall Street Still Loves the Shares. - Barron's