Business

SpaceX plans to build ‘Starpipe’ natural gas pipeline to fuel Starship rockets

Thursday, June 25 by SRN News

By Joey Roulette WASHINGTON, June 25 (Reuters) - SpaceX plans to begin next month building an eight‑mile (13-km) natural gas pipeline called "Starpipe" to its Texas launch facilities, according to county filings, as Elon Musk's company seeks to ramp up launches of its next‑generation Starship... Read More.

Ares caps withdrawals again at flagship $23 billion private credit fund

Thursday, June 25 by SRN News

June 25 (Reuters) - Ares Management again capped withdrawals at its flagship private credit fund after redemption requests rose in the second quarter, according to a filing released Thursday. Investors sought to pull 14.4% of shares from the $22.6 billion Ares Strategic Income Fund (ASIF)... Read More.

Questions about resume gaps are expected. Here’s how job seekers can address them

Thursday, June 25 by SRN News

NEW YORK (AP) - When Monique Di Liberto began looking for a paying job after putting her career on pause to parent full-time, she felt paralyzed by self-doubt. "Who do you think you are trying this after 17 years?" Di Liberto recalled asking herself.... Read More.

MLB proposes limiting most free agent contracts to 5 years and 15% of a team’s salary cap

Thursday, June 25 by SRN News

Major League Baseball proposed limiting most free agent contracts to five years and 15% of a team's salary cap and to eliminate deferred compensation, fleshing out additional details of a salary cap plan likely to spark a confrontation with the players' association. During a bargaining... Read More.

Apple increases prices for Macs and iPads, blaming a shortage of memory chips

Thursday, June 25 by SRN News

Apple on Thursday announced an increase in prices for Macs and iPads, citing a memory chip shortage brought on by the artificial intelligence boom. The Cupertino, California-based company called the demand spike an "unprecedented challenge" for the consumer electronics industry. "The rapid expansion of... Read More.

Fed expected to hold rates steady in July, hike in September

Thursday, June 25 by SRN News

By Ann Saphir June 25 (Reuters) - The Federal Reserve won't raise interest rates next month even after a government report showed inflation based on the U.S. central bank's targeted measure was the highest it has been in three years, traders bet on Thursday, though... Read More.

Senate Republicans reject war powers resolution after tense meeting with Trump

Thursday, June 25 by SRN News

Senate Republicans who were berated by President Donald Trump over opposition to his war in Iran held a late-night vote Wednesday, rejecting a war powers resolution a day after a similar measure passed. Trump lectured GOP senators face-to-face earlier in the day for allowing a... Read More.

US lawmaker proposes bill to require AI companies to report critical incidents

Thursday, June 25 by SRN News

By Karen Freifeld June 25 (Reuters) - A Republican lawmaker on Thursday plans to propose legislation that would require AI model developers to report dangerous capabilities, security breaches and safety incidents. The draft legislation, to be introduced by Texas lawmaker Nathaniel Moran, would mandate AI companies... Read More.

Key inflation gauge jumps to 3-year high in latest sign of affordability challenges

Thursday, June 25 by SRN News

WASHINGTON (AP) - The Federal Reserve's preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Donald Trump and his political party as midterm elections near. Consumer prices rose... Read More.

US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimate

Thursday, June 25 by SRN News

WASHINGTON (AP) - The U.S. economy expanded at a solid and unexpected 2.1% annual pace from January through March, the Commerce Department reported Thursday in its final estimate of first-quarter growth. The growth in gross domestic product - the nation's output of goods and services... Read More.

Current Weather

SpaceX plans to build ‘Starpipe’ natural gas pipeline to fuel Starship rockets

Ares caps withdrawals again at flagship $23 billion private credit fund

Questions about resume gaps are expected. Here’s how job seekers can address them

MLB proposes limiting most free agent contracts to 5 years and 15% of a team’s salary cap

Apple increases prices for Macs and iPads, blaming a shortage of memory chips

Fed expected to hold rates steady in July, hike in September

Senate Republicans reject war powers resolution after tense meeting with Trump

US lawmaker proposes bill to require AI companies to report critical incidents

Key inflation gauge jumps to 3-year high in latest sign of affordability challenges

US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimate

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