Business

Bain Capital to buy majority stake in Volkswagen’s marine engine unit, source says

Wednesday, June 24 by SRN News

By Christina Amann and Rachel More June 24 (Reuters) - Bain Capital is set to acquire a majority stake in Volkswagen's marine engine unit Everllence, beating out other private equity firms including one that had joined forces with the carmaker's top shareholders, a source... Read More.

Trump is frustrated gasoline prices don’t mirror oil’s decline. Experts say it’s not that simple

Wednesday, June 24 by SRN News

NEW YORK (AP) - U.S. gasoline prices decreased an average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran. But they're not falling fast enough for President Donald Trump. Trump, who wants to stave... Read More.

All 32 of the nation’s biggest banks clear the Fed’s annual ‘stress test’

Wednesday, June 24 by SRN News

NEW YORK (AP) - All 32 of the nation's biggest banks passed the Federal Reserve's annual "stress test" of the financial system, the central bank said Wednesday, a sign that the banking system would remain healthy even if a major economic contraction occurred. The... Read More.

Billionaire Rennert-controlled company settles Peru lead poisoning case for $150 million

Wednesday, June 24 by SRN News

By Jonathan Stempel June 24 (Reuters) - A business controlled by the American billionaire Ira Rennert reached a $150 million settlement in the United States with 1,373 Peruvians who claimed they were poisoned by lead and other toxic substances while growing up near a Peruvian... Read More.

AI is helping gas stations collude to raise California fuel prices, lawsuit says

Wednesday, June 24 by SRN News

AI-powered software has allowed gas station operators across California to illegally collude and drive up prices at the pump, according to a federal lawsuit. The proposed class action lawsuit, filed Monday, accuses gas station giants including Marathon and Circle K of violating California's antitrust law... Read More.

Trading Day: Tech jitters smother inflation relief

Wednesday, June 24 by SRN News

By Jamie McGeever ORLANDO, Florida, June 24 (Reuters) - U.S. bond yields tumbled on Wednesday as oil's slide to a four-month low eased inflation fears, although the relief wasn't felt as much in equity markets and persistent worries over tech valuations pushed the S&P 500... Read More.

Sony Pictures invests $100 million in Cosm, takes minority stake

Wednesday, June 24 by SRN News

June 24 (Reuters) - Sony Pictures Entertainment announced a $100 million strategic investment in immersive technology firm Cosm on Wednesday, marking a push by the Hollywood studio to extend its film and television properties into a growing network of dome-shaped venues across the United... Read More.

Renault seeks to cut 800 jobs in engineering in France

Wednesday, June 24 by SRN News

PARIS, June 24 (Reuters) - Renault is considering cutting 800 jobs in its engineering department in France by the end of 2027, the company's human resources chief for the country said on Wednesday. The company expects to reduce its payroll, which totals 5,500 staff, through... Read More.

Oil markets start to signal near-term oversupply as tankers exit Strait of Hormuz

Wednesday, June 24 by SRN News

By Georgina McCartney HOUSTON, June 24 (Reuters) - Prices of Brent crude oil for second-month delivery traded higher on Wednesday than prices for prompt delivery for the first time since the Iran war started in late February, signaling increased near-term supply. Brent, the global benchmark, traded... Read More.

US air fares rose 4.7% in early 2026 as oil prices spiked

Wednesday, June 24 by SRN News

WASHINGTON, June 24 (Reuters) - Average U.S. domestic air fares rose 4.7% in the first three months of 2026 to $428 as oil prices soared in March due to the U.S.-Israeli war on Iran, the U.S. Transportation Department said on Wednesday. Without adjusting for inflation,... Read More.

Current Weather

Bain Capital to buy majority stake in Volkswagen’s marine engine unit, source says

Trump is frustrated gasoline prices don’t mirror oil’s decline. Experts say it’s not that simple

All 32 of the nation’s biggest banks clear the Fed’s annual ‘stress test’

Billionaire Rennert-controlled company settles Peru lead poisoning case for $150 million

AI is helping gas stations collude to raise California fuel prices, lawsuit says

Trading Day: Tech jitters smother inflation relief

Sony Pictures invests $100 million in Cosm, takes minority stake

Renault seeks to cut 800 jobs in engineering in France

Oil markets start to signal near-term oversupply as tankers exit Strait of Hormuz

US air fares rose 4.7% in early 2026 as oil prices spiked

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