For: August 19, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after Monday's mixed close on Wall Street. The major averages were little changed as investors await Federal Reserve Chair Jerome Powell's Friday speech at the annual Jackson Hole economic symposium. At the closing bell, the Dow Jones Industrial Average fell 34 points to 44-911. The S&P 500 lost a fraction of a point to 64-49. The Nasdaq gained 6 points to 21-629.
>>Air Canada Talks Restart
(Ottawa) -- Talks between Air Canada and a union representing over ten-thousand striking flight attendants are picking back up. The move came after a labor relations board declared a walkout by the flight attendants illegal. They initially walked off the job on Saturday over pay and scheduling disputes leading to scores of flights canceled worldwide.
>>Dems Reject Trump's Nvidia AMD Deal
(Washington, DC) -- Several top Senate Democrats are urging President Trump to stop a deal with Nvidia and AMD. The deal would allow the companies to sell artificial intelligence chips to China after they agreed to share 15-percent of revenue from sales, however, it's raising national security concerns for Democratic lawmakers. Senate Majority Leader Chuck Schumer led a group of legislators in sending a letter to the White House, arguing that the government's deal with the chipmakers "blatantly violates the purpose of export control laws." Lawmakers are now demanding information about who participated in the negotiations, what legal standards were applied, how the 15-percent will be collected, and more.
>>FTC Sues Company Over Taylor Swift Tickets
(Washington, DC) -- The Federal Trade Commission is suing a ticket seller it says used fake accounts to buy Taylor Swift concert tickets to sell at a markup. The feds say Key Investment Group used thousands of fake Ticketmaster accounts to buy tickets for Swift's wildly successful Eras Tour. The company already sued the FTC in July in an effort to stop the investigation, arguing the purchases were legal because no automated software was used to buy the tickets.
>>NAHB Says Home Builder Confidence Slipped In August
(Washington, DC) -- Home builder confidence slipped in August due to weak demand for new single-family homes. The National Association of Home Builders says sentiment in the market edged down one point from the month before. In further signs of a soft housing market, 37 percent of all builders reported cutting prices with an average price reduction of five percent. Coming up today, we'll get the latest data on housing starts and building permits.
>>John Deere Announces Layoffs At Waterloo Location
(Waterloo, IA) -- John Deere's recent layoffs announcement will affect dozens of workers in Waterloo, Iowa. Officials say almost 250 workers will lose their jobs at three of the company's facilities in Iowa and Illinois. That includes over 70 employees at the Waterloo Foundry, bringing the total to 265 Iowans who lost their jobs at John Deere this year. The company blames the layoffs on tariffs and a declining agricultural economy.
