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WSJ Your Money Briefing

What’s News in Markets: Kraft Heinz Split, Macy’s Turnaround, Musk’s Pay

WSJ Your Money Briefing

The Wall Street Journal

Business News, News

4.11.7K Ratings

🗓️ 6 September 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

What do investors think of Kraft Heinz’s plan to split its business in two? And how is Macy’s turnaround affecting its stock? Plus, Tesla shareholders will be voting on CEO Elon Musk’s potential $1 trillion pay package, so how are they viewing it right now? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey, listeners, your money briefing is on a break, but we'll be back with more personal finance information for you in the future.

0:06.9

Until then, here's the news moving markets this week.

0:11.6

Hey, listeners, it's Saturday, September 6th.

0:15.0

I'm Francesca Fontana for the Wall Street Journal, and this is What's News in Markets,

0:19.7

our look at the biggest stock moves

0:21.2

of the week and the news that drove them. Let's get to it. I hope you all had a good Labor Day

0:27.3

weekend, which, as we know, shortened this past trading week to four days to kick off the new

0:32.5

month. And stocks started September on a gloomy note on Tuesday, with the three major indexes all ending lower.

0:40.2

Remember, all three ended August with gains.

0:43.7

Traders were feeling skittish for a few reasons, a big one being President Trump's campaign to reshape the Federal Reserve.

0:51.0

And uncertainty, whether his bid to fire Fed Governor Lisa Cook was legitimate.

0:56.5

Thursday was the Senate hearing to confirm Trump's ally, Stephen Myron, as a Fed governor,

1:01.4

and Friday's weak jobs report cemented the case for an interest rate cut at the central

1:06.9

bank's policy meeting this month. All in all, the major indexes ended the week mixed.

1:12.6

The Dow lost 0.3%, while the S&P 500 gained 0.3%, and the NASDAQ rose 1.1%.

1:23.1

We have another big corporate breakup on our hands.

1:26.9

Kraft-Hines is planning to split its business in two,

1:29.9

in a move that would unwind the 2015 mega merger

1:32.9

that brought the two iconic food companies together.

1:36.5

As in all breakups, we want to know who's getting what, right?

1:39.8

Who gets Kraft mac and cheese?

1:41.5

Who gets Kraft singles?

...

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