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Washington — A federal judge on Friday heard arguments over a bid by Federal Reserve Governor Lisa Cook to remain in her post despite President Trump’s efforts to remove her because of allegations she made false representations on mortgage agreements several years ago. The two-hour-long hearing before U.S. District Judge Jia Cobb marked the first in-person showdown between Justice Department …

Cheng Xin / Getty Images Autodesk was the best-performing stock in the S&P 500 Friday, Aug. 29, 2025 U.S. equities were down at midday following a new report on inflation and ahead of the long Labor Day weekend. Caterpillar said tariffs would negatively impact results the rest of the year. Autodesk reported strong demand for its design software for artificial …

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 Stock market today: Dow, S&P 500, Nasdaq fall from records after PCE inflation data  Yahoo Finance Wall St falls as Dell, Nvidia drive tech losses  Reuters Stock Market Today: Dow Falls 100 Points; Inflation Holds Above Target — Live Updates  The …

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Tesla Stock Drops as Musk’s SEC Battle Takes New Twist. What to Know.  Barron’s Musk accuses SEC of overreach, seeks to end lawsuit over Twitter stake  Reuters Musk files to dismiss lawsuit over his purchase of Twitter shares  BBC Musk Seeks to Dismiss SEC Suit Over Twitter Stake Disclosure  Bloomberg.com Musk seeks SEC lawsuit dismissal over Twitter stake disclosure  The Hill Source link

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Exclusive | Senate Democrats Warn Trump IPO Plan for Fannie, Freddie Could Push Up Mortgage Rates  The Wall Street Journal Trump’s Fannie Mae, Freddie Mac restructuring to create billion-dollar private credit opportunities  Pensions & Investments Fannie Ticket, Custom Software; Stratmor CX, Industry Events; Trump Shapes the Fed  Mortgage News Daily Democrats Urge White House to Pause Fannie, Freddie Share Sale  Bloomberg.com Gaming Out the …

(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 into two separate units focusing on grocery and sauces, respectively, could be finalized and announced as early as next week, the report said. In July, the company …

Nvidia (NVDA) has raised concerns over President Donald Trump’s proposed 15% tariff on U.S. chip sales to China, warning it could trigger multiple challenges. The warning comes as CEO Jensen Huang confirmed ongoing talks with the Trump administration over the company’s ability to sell its powerful Blackwell AI chip in China. Elevate Your Investing Strategy: Take advantage of TipRanks Premium …

Wind turbines in Rio Vista, California, US, on Thursday, Aug. 28, 2025. David Paul Morris | Bloomberg | Getty Images 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 President Donald Trump’s campaign to halt the development of renewable …