Business News

AM Business Notebook

For: August 19, 2025

>>Watching Wall Street

(New York, NY) -- The opening bell rings this morning after stocks closed mostly lower on Wall Street yesterday. The Nasdaq fell more than one percent as a broad decline in technology shares weighed on the broader market. Home Depot was among the few bright spots with a nearly four percent gain after the home improvement giant maintained its full-year outlook. At the closing bell, the Dow Jones Industrial Average rose 10 points to 44-922. The S&P 500 lost 37 points to 64-11. The Nasdaq fell 314 points to 21-314.

 

>>Businesses Planning To Raise Prices In Near Future

(Undated) -- Nearly a third of businesses are likely to increase prices by the end of the year. A new report by LendingTree found that more than 30-percent of businesses surveyed said they expect their prices will be higher in six months than they are now while only five-percent said that their prices will go down, and 65-percent said their prices will remain steady. LendingTree's report also found that businesses in Rhode Island, New Hampshire, Montana, Washington, Oregon and Vermont were most likely to say they expect to increase prices in the coming months. Survey results come during a period of uncertainty over President Trump's tariff rollout and continued pressure from inflation.

 

>>FOMC Minutes Scheduled For Release

(Undated) -- Minutes from the Federal Open Market Committee's last meeting in July are due to be released today. The Fed decided at that meeting to stand pat on interest rates, which it held at four-point-25 to four-point-five percent. The thinking behind that decision will be revealed when the minutes come out at 2pm Eastern. Fed Chairman Jerome Powell has been under increasing pressure from President Trump to see to it that the central bank lowers rates, and their next chance to do so comes in September.

 

>>Google To Unveil Pixel 10 On YouTube

(Mountain View, CA) -- Google will be debuting its latest smartphone today. The tech company is set to take the wraps off its new Pixel 10 on its "Made by Google" YouTube channel. The event will be hosted by comedian Jimmy Fallon, and may also include updates on Google's Pixel Watch 4, as well as its new earbuds and A.I. features.

 

>>Labubus Do More Than $600 Million In Sales In First Half Of 2025

(Beijing) -- The Labubu craze is proving to be big business. Chinese-based company Pop Mart's financial report reveals more than 600-million-dollars worth of the popular dolls have been sold so far this year. Pop Mart first introduced Labubus as part of its Monsters line in 2018. They have recently soared in popularity after celebrities like Blackpink's Lisa, Rihanna and Madonna have been spotted with them. Ten-million Labubus are expected to be sold each month for the rest of the year.

 

>>Nexstar Agrees To Buy Tegna

(Irving, TX) -- Two major companies in the local TV station business could soon be one. Nexstar Media Group has agreed to buy Tegna in a deal worth six-point-two-billion-dollars. The deal will need to be approved by regulators including the FCC and is expected to close in the second half of next year. Nexstar is the largest television station owner in the country while Tegna owns 64 stations. If the deal is approved, Nexstar would have 265 full-power TV stations in 132 of the U.S.'s 210 television markets. 

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