The S&P 500 and the Nasdaq hit intraday record highs after cooler-than-expected inflation data kept the U.S. central bank on track to cut borrowing costs this year.
Read More S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumpsTag: Wall Street
BofA expects Fed to deliver two cuts this year after soft jobs report
BofA Global Research on Friday forecast the U.S. Federal Reserve to deliver two 25 basis point cuts, in September and December, after a soft jobs report.
Read More BofA expects Fed to deliver two cuts this year after soft jobs reportKraft Heinz splits, unwinding merger that never paid off
Kraft Heinz will split into two listed companies, dismantling a packaged goods giant that never achieved the growth expected when it was formed a decade ago.
Read More Kraft Heinz splits, unwinding merger that never paid offRep. Luna introduces resolution to advance the End Congressional Stock Trading Act
Florida GOP Representative Anna Paulina Luna introduced a resolution to advance the End Congressional Stock Trading Act, a bill that would prohibit members of Congress, their spouses, and dependent children from trading or owning individual stocks, bonds, commodities, and other complex investment vehicles.
Read More Rep. Luna introduces resolution to advance the End Congressional Stock Trading ActUS companies spending record amounts to protect executives as threats rise
Companies are spending record amounts to keep their executives safe in response to rising threats and the killings of two high-profile corporate officials in separate attacks in Manhattan.
Read More US companies spending record amounts to protect executives as threats riseAn Open Letter to Disney CEO Bob Iger
By Adonis Hoffman
August 5, 2025
(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)
Read More An Open Letter to Disney CEO Bob Iger