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S&P 500 Dips as AI Stocks Stumble Amid Inflation Concerns

S&P 500 Dips as AI Stocks Stumble Amid Inflation Concerns

BUSINESS - 8/29/2025

The S&P 500 faced a setback as AI stocks like Dell and Nvidia faltered, amid rising inflation concerns. Despite strong consumer spending, analysts predict interest rate cuts from the Fed next month.

Federal Judge Weighs In on Trump’s Controversial Move to Oust Fed Governor Lisa Cook

Federal Judge Weighs In on Trump’s Controversial Move to Oust Fed Governor Lisa Cook

POLITICS - 8/29/2025

In a pivotal court hearing, a federal judge reviewed the legality of President Trump's attempt to remove Federal Reserve Governor Lisa Cook over alleged mortgage misrepresentations. The outcome could redefine presidential power over the Fed.

Federal Reserve's Inflation Data Sparks Rate Cut Speculation

Federal Reserve's Inflation Data Sparks Rate Cut Speculation

BUSINESS - 8/29/2025

The Federal Reserve's core PCE inflation rate aligns with expectations, igniting speculation about potential rate cuts. With the S&P 500 nearing record highs, what does this mean for the economy?

Wall Street Dips as Inflation Concerns Rise: What It Means for Your Investments

Wall Street Dips as Inflation Concerns Rise: What It Means for Your Investments

BUSINESS - 8/29/2025

Wall Street's major indexes fell as inflation data exceeded targets, raising concerns over tariffs and interest rate cuts. With tech stocks leading the decline and key economic reports on the horizon, investors are on edge.

Trump Battles Fed Governor in Court: Can He Fire Lisa Cook?

Trump Battles Fed Governor in Court: Can He Fire Lisa Cook?

POLITICS - 8/29/2025

In a high-stakes legal battle, President Trump seeks to fire Federal Reserve Governor Lisa Cook amid allegations of mortgage fraud. Cook's lawsuit claims her removal is illegal, raising critical questions about presidential power and the future of the Fed. Will the court side with Trump or uphold Cook's position?

Global Stocks Retreat as Political Risks and Inflation Data Loom

Global Stocks Retreat as Political Risks and Inflation Data Loom

BUSINESS - 8/29/2025

World stocks are pulling back from record highs as traders brace for crucial U.S. inflation data that could impact Federal Reserve interest rate plans. Political tensions rise as bond market worries grow.

Federal Reserve Governor Lisa Cook Under Fire: Mortgage Fraud Allegations Explored

Federal Reserve Governor Lisa Cook Under Fire: Mortgage Fraud Allegations Explored

POLITICS - 8/29/2025

Federal Reserve Governor Lisa Cook faces allegations of mortgage fraud linked to her nomination process. As Trump attempts to fire her, questions arise about conflicting mortgage documents and the intentions behind them.

Trump's Legal Showdown: Can He Fire a Federal Reserve Governor?

Trump's Legal Showdown: Can He Fire a Federal Reserve Governor?

POLITICS - 8/29/2025

In a dramatic legal battle, Lisa Cook sues Trump over his attempt to fire her from the Federal Reserve. The case, which questions the president's authority, could reshape the Fed's independence.

New Criminal Referral Filed Against Fed Governor Lisa Cook Amid Ethics Controversy

New Criminal Referral Filed Against Fed Governor Lisa Cook Amid Ethics Controversy

POLITICS - 8/29/2025

Federal Housing Finance Agency Director Bill Pulte has filed a second criminal referral against Fed Governor Lisa Cook, alleging mortgage misrepresentations. This follows her lawsuit against Trump's attempt to fire her.

Nvidia's Quarterly Results Send Shockwaves Through Markets

Nvidia's Quarterly Results Send Shockwaves Through Markets

BUSINESS - 8/28/2025

Nvidia's latest quarterly results exceeded expectations but revealed cooling demand for AI chips, causing stock fluctuations. Discover how this impacts the broader market and what analysts are predicting next.

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