For: November 4, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed mixed yesterday on the first trading day of the new month. Tech stocks provided some lift to the market with Amazon shares up four percent after the company reached a 38-billion-dollar deal with OpenAI. Losses in Nike and UnitedHealth led the Dow Jones Industrial Average's decline. At the closing bell, the Dow fell 226 points to 47-336. The S&P 500 rose 11 points to 68-52. The Nasdaq gained 110 points to 23-834.
>>Treasury Dept: Inflation Remains Above Target Of 2%
(Washington, DC) -- There are differing opinions in the Trump administration on inflation. The Treasury Department said Monday that inflation remained above the target of two percent in the third quarter. President Trump said on CBS News' 60 Minutes Sunday, "we have no inflation." The president added he had already taken care of inflation, saying two percent was the "the perfect inflation." The Bureau of Labor Statistics says inflation came in at three percent on an annual basis in September.
>>YouTube Rejects Disney Request To Restore ABC For Election Coverage
(Burbank, CA) -- Disney's request to YouTube TV to return ABC channels back to its platform ahead of Election Day has been denied. Disney had asked YouTube TV to restore ABC for Election Day as a matter of public interest so subscribers could, in the company's words, "have access to the information they rely on." It all comes amid a blackout and dispute between the two companies as Disney-owned channels including ABC and ESPN have been removed from YouTube TV, making them no longer available to more than ten million estimated subscribers.
>>Supreme Court To Hear Trump's Tariff Case Tomorrow
(Washington, DC) -- The Supreme Court on Wednesday will hear arguments on the legality of President Trump's tariff plan. The focus will be on Trump using a law meant for times of emergency to impose the duties without the help of Congress. The high court scheduled oral arguments for November 5th after it agreed to fast track the case. The tariffs will stay in place until the court makes a decision.
>>Tylenol Maker Kenvue Sold
(Summit, NJ) -- Tylenol maker Kenvue is being sold in a deal worth billions. Kimberly-Clark announced a cash-and-stock deal valued at 48-point-seven-billion dollars to buy Kenvue. The deal would bring brands like Huggies and Kleenex under the same roof as Tylenol and Band-Aid. The deal is expected to be finalized in the second of half of next year. It's one of the biggest acquisitions of 2025 on Wall Street.
>>Tesla Shareholders To Vote On Trillion-Dollar Pay Package For Elon Musk
(Austin, TX) -- Tesla's annual shareholder meeting takes place on Thursday with a major vote in focus. The spotlight is on the fate of CEO Elon Musk's one-trillion-dollar, performance-based compensation package as well as his continuing control of the company. During a recent earnings call, Musk pushed for greater control, saying "There needs to be enough voting control to give a strong influence, but not so much that I can't be fired if I go insane." He's dropped hints that he could consider leaving Tesla if his mega pay deal is blocked.
>>Billionaires Saw Wealth Grow Dramatically Over The Past Year
(Undated) -- The richest Americans have been seeing their wealth grow by leaps and bounds. The nation's top ten billionaires have collectively added nearly 700-billion-dollars to their fortunes in the past year, driving their overall worth to two-and-a-half trillion dollars. That's according to a new report from the non-profit Oxfam America published on Monday. On the opposite end of those stats, the report noted that over 40-percent of the country, including almost half of all children, fall into the low-income category, with family earnings less than 200-percent of the national poverty line.
