Attorney General Garland speaks days after raid on Mar-a-Lago This is a developing story. Check back for updates. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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Stocks rally on inflation data, Disney stock jumps 8% All three of the major market averages registered early gains helped by better-than-expected earnings from Disney, which sent the shares 8% higher. Additionally, producer prices eased slightly in July rising 9.8% vs. June's 11.3% gain but remain near record levels similar to consumer prices released Wednesday. In commodities, oil rose over 1% to the $93 per barrel level. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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Wholesale inflation climbs 9.8% in July Inflation at the wholesale level cooled in July, although prices for everyday necessities remain at a multi-decade high. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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Trump pleads the Fifth in NY case targeting his business practices This is a developing story. Check back for updates. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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BREAKING NEWS U.S. stocks rallied across the board after consumer inflation rose 8.5% annually in July, down from June's 9.1%, yet costs are still near 40-year highs. The reading pushed bond yields lower as investors debate the size of future rate hikes. In commodities, oil fell to the $89 per barrel level. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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Inflation climbed 8.5% in July as prices cool but remain near record high The Labor Department said Wednesday that the consumer price index rose 8.5% in July from a year ago, below the 9.1% year-over-year surge recorded in June. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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S&P, Nasdaq fall on more chip weakness, Chevron aids Dow The Nasdaq Composite and S&P 500 drifted lower as investors await fresh data on consumer inflation due Wednesday and producer inflation out Thursday. The Dow Jones Industrial Average was little changed as Chevron notched gains. Technology in focus again as the chip sector sees more weakness on the heels of Nvidia lowering its revenue goals. Separately, President Biden will sign the CHIPS Act later today in an attempt to bolster U.S. manufacturing of the key components. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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Nasdaq paces broad stock gains as week kicks off U.S. stocks moved higher as the week kicked off with earnings and deal making in focus. Pfizer is paying $5.4 billion for Global Blood Therapeutics while chipmaker Nvidia fell after disclosing second-quarter revenue will fall short. In commodities, oil fell to the $88 level. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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Stock futures higher, oil prices fall West Texas Intermediate crude futures are trading at $87.73 a barrel while Brent crude futures are trading at around $93.50 per barrel. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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Nasdaq, S&P, Dow sink, strong jobs data may fuel Fed hikes The Nasdaq Composite led a broad decline in equities as investors speculate the Federal Reserve may be more aggressive with future rate hikes after the stronger-than-expected July jobs report. Elsewhere, Amazon is buying Roomba for $1.7 billion. In commodities, oil hovered around the $87 per barrel level. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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US economy adds 528,000 jobs in July, surging past expectations This is a developing story. Check back for updates. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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Nasdaq notches gains as Dow, S&P dip, oil skids U.S. stocks seesawed between losses and gains ending the session mixed with the Nasdaq Composite posting a 0.4% gain, while the Dow Jones Industrial Average and S&P 500 closed lower with oil companies Chevron and ExxonMobil big drags as crude fell to $88.54 per barrel the lowest level since February. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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Stocks mixed ahead of Friday's jobs report, oil slides below $90 U.S. stocks opened mixed with the Nasdaq Composite notching modest gains while the Dow Jones Industrial Average and S&P 500 slipped. Investors digested an uptick in weekly jobless claims ahead of Friday's employment report for July. In commodities, oil traded lower to the $89 per barrel level. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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