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Morning Bid: Oil batters bonds as AI burns cash
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Tuesday, June 9
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SRN News
US House Speaker Johnson meets with Trump with surveillance law at risk
By David Morgan and Katharine Jackson WASHINGTON, June 9 (Reuters) - U.S. House of Representatives Speaker Mike Johnson met with President Donald Trump on Tuesday to discuss his controversial appointment of loyalist Bill Pulte as spy chief, which has threatened ...
Tuesday, June 9
by
SRN News
FDA OKs first new sunscreen ingredient in more than 25 years
WASHINGTON (AP) - Federal health regulators on Tuesday signed off on the first new sunscreen ingredient for the U.S. market in more than 25 years, giving Americans access to a skin-protecting chemical long used in Europe and other parts ...
Tuesday, June 9
by
SRN News
Social Security’s retirement trust fund faces funding shortfall one year earlier than expected
WASHINGTON (AP) - Social Security's retirement trust fund is projected to face a funding shortfall in 2032, a year earlier than last year's projections, according to an annual report released Tuesday, while Medicare's hospital insurance trust fund will be ...
Tuesday, June 9
by
The Center Square
Consumers Energy requests $456M rate hike; Nessel vows to challenge
(The Center Square) - Consumers Energy is seeking another major electric rate increase, a proposal that Michigan Attorney General Dana Nessel says she will challenge before state regulators. ...
Tuesday, June 9
by
ABC News
OpenAI, company behind ChatGPT, files for IPO
(NEW YORK) -- OpenAI, the artificial-intelligence company behind ChatGPT, announced Monday night it had filed confidentially for an initial public offering (IPO), setting up the firm to raise fresh funds as it competes with deep-pocketed tech giants in the ...
Tuesday, June 9
by
ABC News
Nick Reiner asks for trust fund money to pay for his defense
(LOS ANGELES) -- Nick Reiner says he needs unpaid money from his family trust to help pay for his defense team, specifically to rehire famed defense attorney Alan Jackson, according to a new court filing.Reiner was charged with the ...
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Tuesday, June 9
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ABC News
Trump booed at Madison Square Garden as he and Mamdani attend Knicks game
(NEW YORK) -- President Donald Trump faced apparent boos from the crowd of passionate Knicks fans at Madison Square Garden on Monday.He was seen standing in a box during the National Anthem next to New York Knicks owner James ...
Tuesday, June 9
by
SRN News
Apple and Brussels blame each other for delaying European Union rollout of Siri AI
Apple and the European Union are blaming each other for delaying a rollout of the iPhone maker's long awaited Siri AI app to European users. A spokesman for the 27-nation EU's executive arm on Tuesday disputed Apple's explanation for ...
Tuesday, June 9
by
SRN News
US home sales surge to the fastest pace this year despite rising mortgage rates and prices
Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround in demand for after a lackluster start to the spring homebuying season. Existing home sales rose 3.2% in May from the previous ...
Tuesday, June 9
by
The Center Square
Illinois Quick Hits: Mexican national sentenced for unlawful reentry
(The Center Square) - A Mexican national has been sentenced to 14 months in prison for unlawfully re-entering the United States after multiple deportations. ...
Tuesday, June 9
by
SRN News
Analysis-Fuel price shock to widen product gap between US airlines
By Rajesh Kumar Singh RIO DE JANEIRO, June 9 (Reuters) - The fuel shock hitting U.S. airlines is doing more than squeezing margins - it is widening a product gap that may take years to close, as stronger carriers keep ...
Tuesday, June 9
by
SRN News
Wall St futures tick up as chips extend gains
June 9 (Reuters) - U.S. stock index futures climbed on Tuesday, as chip stocks extended gains for a second day, while easing hostilities in the Middle East also aided sentiment. Nasdaq futures led gains in early trading, with shares of ...
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