Analysis: Walmart and Target are slashing prices. What does that mean for inflation?

View in Browser May 23, 2024 Dow 39,065.26 1.53% S&P 500 5,267.84 0.74% NASDAQ 16,724.41 0.46% Last updated May 23 at 5:18 PM ET     Analysis: Walmart and Target are slashing prices. What does that mean for inflation? Americans might notice markdowns for some everyday essentials during their weekly grocery runs. That doesn't mean the battle against inflation is won.    Read full article   Dow falls more than 600 points, notching worst day of the year The Dow tumbled by more than 600 points Thursday, notching its worst day of 2024, as all three major indexes closed lower. The drop came even after AI-darling Nvidia delivered stellar quarterly earnings and announced a 10-for-1 stock split.    Read full article   Retailers use police-like investigation centers to fight theft. Shoppers pay the price Retailers like Home Depot supply cops with the key evidence to bust organized crime rings.    Read full article   It looks like someone tried to steal Graceland, possibly one of the dumbest crimes ever We can't be 100% sure that an obscure lending company just tried to steal Graceland. But a Tennessee judge on Wednesday said, essentially, it sure looks like that's what happened.    Read full article   Oreo-maker Mondelez fined $366 million for rigging European markets Mondelez, the maker of Oreo and Cadbury Dairy Milk chocolate, has been fined €337.5 million ($366 million) for hindering the trade of chocolate, cookies and coffee between European Union countries in order to keep prices high.    Read full article   Bargain-hungry Americans are flocking to Temu and making its Chinese owner very rich PDD Holdings, the owner of Temu and Pinduoduo, is blowing past market expectations with a massive surge in profit and revenue as American and Chinese consumers swarm its bargain shopping apps for low-cost products.    Read full article   Today's movers BCG 7.53 78.44% Binah Capital Group, Inc. BOW 23.80 40.00% Bowhead Specialty Holdings Inc. BTTR 4.11 31.46% Better Choice Company, Inc. SWIN 6.20 84.28% Solowin Holdings AKAN 2.39 34.77% Akanda Corp JAGX 5.03 34.56% Jaguar Health, Inc. Last updated May 23 at 4:10 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com   You are receiving this newsletter because you signed up for Markets Now. To stop receiving this newsletter, unsubscribe or sign up to manage your CNN account   Learn more about the CNN app |  Get CNN web alerts  |  Sign up for a free CNN account   ® © 2024 Cable News Network. A Warner Bros. Discovery Company. All Rights Reserved. 1050 Techwood Drive NW, Atlanta, GA 30318