Business

NY Fed says supply chain pressures eased in June

Monday, July 6 by SRN News

By Michael S. Derby July 6 (Reuters) - Global supply chain pressures eased in June, the Federal Reserve Bank of New York said on Monday, as the impact of the Middle East war began to fade. The bank's Global Supply Chain Pressure Index moved to 1.25... Read More.

Goldman Sachs hires Google’s Evan Kotsovinos as partner, division engineering head

Monday, July 6 by SRN News

July 6 (Reuters) - Goldman Sachs said on Monday that Evan Kotsovinos has joined the banking giant from Google as a partner and head of asset and wealth management engineering. Here are more details from the press release: • Kotsovinos will work with teams across... Read More.

Dior beats Chanel to dress Taylor Swift for wedding of the decade

Monday, July 6 by SRN News

By Helen Reid PARIS, July 6 (Reuters) - In a coup for Parisian fashion house Christian Dior, both Taylor Swift and Travis Kelce wore Haute Couture designs by creative director Jonathan Anderson for their wedding in New York, handing the label an edge in its... Read More.

Waller says risks in US tilted towards high inflation

Monday, July 6 by SRN News

WASHINGTON, July 6 (Reuters) - U.S. Federal Reserve Governor Christopher Waller said on Monday that high inflation is the chief risk facing the Fed given a labor market that remains stable. "A year ago I was advocating for rate cuts because the labor market was... Read More.

Lockheed Martin to buy Ultra Maritime for $3.45 billion

Monday, July 6 by SRN News

July 6 (Reuters) - Lockheed Martin has agreed to buy naval defense company Ultra Maritime from Advent for $3.45 billion, the private equity firm said on Monday. (Reporting by Aishwarya Jain in Bengaluru; Editing by Shilpi Majumdar) Brought to you by www.srnnews.com

Wall St opens higher as chip shares recover

Monday, July 6 by SRN News

July 6 (Reuters) - Wall Street's main indexes opened higher on Monday, extending last week's rally as chip stocks rebounded, while investors looked ahead to central bank minutes and the start of the second-quarter earnings season later in the week. The Dow Jones Industrial Average... Read More.

Shippers Maersk and Hapag-Lloyd begin return to Suez Canal trade route

Monday, July 6 by SRN News

COPENHAGEN, July 6 (Reuters) - Shipping groups Maersk and Hapag-Lloyd will resume some sailings through the Suez Canal under their Gemini joint network, Maersk said on Monday, hitting shares of both companies because of the potential impact on freight rates. The Asia-Europe trade corridor through... Read More.

Microsoft cuts 4,800 jobs, including many at Xbox in a ‘reset’ of its gaming division

Monday, July 6 by SRN News

REDMOND, Wash. (AP) - Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business. The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganization designed to... Read More.

Is AI ready to take over your prescriptions? Doctors are wary of Utah’s automated refill program

Monday, July 6 by SRN News

WASHINGTON (AP) - A prescription refill program that quietly launched in Utah earlier this year has kicked off a big medical debate: Is artificial intelligence ready to take over tasks that, until now, could only be performed by doctors? The program allows Utah residents to... Read More.

S&P 500, Nasdaq futures rise as chip shares rebound

Monday, July 6 by SRN News

By Ragini Mathur and Avinash P July 6 (Reuters) - S&P 500 and Nasdaq futures were up on Monday, building on last week's rally as chip stocks stabilized after recent weakness and investors awaited minutes from the last Federal Reserve meeting and the start... Read More.

Current Weather

NY Fed says supply chain pressures eased in June

Goldman Sachs hires Google’s Evan Kotsovinos as partner, division engineering head

Dior beats Chanel to dress Taylor Swift for wedding of the decade

Waller says risks in US tilted towards high inflation

Lockheed Martin to buy Ultra Maritime for $3.45 billion

Wall St opens higher as chip shares recover

Shippers Maersk and Hapag-Lloyd begin return to Suez Canal trade route

Microsoft cuts 4,800 jobs, including many at Xbox in a ‘reset’ of its gaming division

Is AI ready to take over your prescriptions? Doctors are wary of Utah’s automated refill program

S&P 500, Nasdaq futures rise as chip shares rebound

On Air Now

Jimmy Failla

On Air Next

Erick Erickson

Political News

Vance rallies in Alaska in high-stakes campaign stop

Trump says taxpayers will no longer pay for TV ads that praised him

Trump approval at record low; Hispanic voters sour on Republicans, Reuters/Ipsos poll finds

Dennis Hastert, former US House speaker and admitted child molester, dies at 84

Trump heads to Nebraska as Republicans defend red-state Senate seat