Finance And Stock Market

-Former President Trump's historic conviction -Stocks end the month of May on a high note -The Fed's preferred measure of inflation released -Oil patch sees more merger mania -Disney CEO Bob Iger receives good news -Costco clears up speculation over its popular food combo deal -McDonald's pushes back on price-hike backlash -A major U.S. grocer with 400 locations is shutting some of its stores THE VERDICT: A New York City jury convicted the former President on all 34 felony counts of falsifying business documents…more on the Trump verdict. In the hours following, the Trump 2024 campaign saw a windfall of donations…continue reading here.VIDEO: Harvard Law professor emeritus Alan Dershowitz on Trump's conviction. STOCKS' WINNING MONTH: U.S. stocks ended the month of May with gains as the tech-heavy Nasdaq stole the show …more on the marketsTHE ETF REPORT: NEED TO KNOW INSIGHTSVIDEO: What's most important for U.S. financial markets?LIVE PRICES FOR CRYPTOCURRENCIES: HEREFED'S FAVORITE INFLATION GAUGE: Central bankers have a preferred data point when it comes to inflation. This go-round, it showed some relief... continue reading here. This came one day after Atlanta Federal Reserve President Raphel Bostic gave his outlook on when a rate cut may happen…continue reading here.FOX BUSINESS EXCLUSIVE VIDEO: continue reading here. This as Hess Corporation shareholders approved the company's $53 billion merger with Chevron Corporation…continue reading here.VIDEO: Chevron's CEO talks about the future of world oil.GOOD RIDDENCE?: Disney CEO Bob Iger is reportedly finally rid of his activist nemesis…continue reading here.COSTCO CLEARS THE AIR: The warehouse retailer's new CEO cleared up speculation about the future of the $1.50 hot dog-and-soda value deal…continue reading here.MCPUSH BACK: Mickey D's says the complaints about recent price hikes, especially the so-called $18 hamburger, are overdone…continue reading here.RIP: Another retailer is shuttering stores. This time it's a grocer with 400 stores in the Northeast…continue reading here.DON'T MISS IT: The FOX Business Rundown Podcast - more podcasts here.UP NEXT:-Looking for more business and market-moving headlines? Find more from FOX Business here.-Want live updates? Get the FOX Business app here.-Did someone forward you this email? Subscribe to additional newsletters from Fox News and FOX Business here.

Source: https://www.foxbusiness.com/markets/tru ... cos-update