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PRESS DIGEST-New York Times business news - August 21

ReutersAug 21, 2025 4:28 AM

- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- The Food and Drug Administration urged consumers to throw out certain packages of Great Value-brand frozen raw shrimp that were purchased at Walmart WMT.N stores in 13 states.

- Minutes from the U.S. Federal Reserve's July meeting showed policymakers grappling with a slowing labor market and inflation that remains above the central bank's target.

- Documents from Smartmatic's $2.7 billion lawsuit against Fox Corporation FOXA.O reveals Fox News hosts sought to aid U.S. President Donald Trump shortly before and after the 2020 election.

- The Trump administration has accused Fed Governor Lisa Cook of mortgage fraud, with calls from the president for Cook to resign.

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