Business News

AM Business Notebook 

For Friday, August 15th, 2025

>>Stocks Close Mixed

(New York, NY)  -- Wall Street is closed Thursday with stocks mixed.  The S&P 500 closed at a record high for the third straight session.  It comes after July's producer price index came in hotter than expected.  At the closing bell, the Dow Jones Industrial Average lost eleven points to 44-911.  The S&P 500 gained one point to 64-68.  The Nasdaq fell by two points to 21-710.

 

>>Wholesale Prices Jump In July

(Washington, DC)  --  A new inflation report is coming in much hotter than expected.  The producer price index, which measures how much it costs to make certain goods, went up by point-nine-percent in July.  Economists had been expecting an increase of two-tenths of a percent.  It comes after the consumer price index came in cooler than expected for last month and gave stocks a boost.  

 

>>SCOTUS Declines Blocking MS Social Media Law

(Washington, DC) -- The Supreme Court is declining to block a Mississippi law that imposes age verification across social media platforms. The law was enacted last year and requires all users under 18 to verify their age as well as obtain parental consent to access social media sites. Mississippi's law addresses growing concerns about the negative impact of social media on young people, however, the industry group NetChoice argues that the restrictions violate free speech protections. Companies could be hit with ten-thousand dollar penalties for violating the law.

 

>>American Homebuyers Safety And Affordability Tradeoff 

(Undated) --  High housing costs are making some buyers more willing to risk safety for affordability. A recent Redfin survey found 22-percent of homebuyers would be willing to trade safety for affordability, while 27-percent said they'd compromise by giving up a low-crime area. Although some homebuyers are willing to comprise, more than 70-percent of those surveyed called personal safety and low crime "must-haves." Low natural disaster risk and access to grocery stores also ranked high among respondents. 

 

>>AT&T Data Breach Settlement Payments

(Dallas, TX) -- A recently established settlement site is offering new details about payments from an AT&T settlement. Earlier this year, the company agreed to a 177-million-dollar settlement after two lawsuits were brought against AT&T for a pair of massive data breaches targeting customers. According to reports from USA Today and CNET, the highest payments for those impacted by the first breach are five-thousand-dollars while the top payment for the second breach is 25-hundred-dollars. Customers have until November 18th to submit a claim online or by mail.

 

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