Business

Romania rushes to sink 4 barges in the Danube to keep a nuclear power plant’s second reactor running

Thursday, August 6 by SRN News

BUCHAREST, Romania (AP) - Romania raced on Thursday to sink four barges laden with rock into the Danube River in an attempt to redirect water downstream toward a nuclear power plant, to buy more time before its second reactor is likely forced offline due... Read More.

Mortgage rates rise for 5th straight week, hitting levels not seen since 2025 for 2nd week in a row

Thursday, August 6 by SRN News

CHICAGO (AP) - The average long-term U.S. mortgage rate rose for a fifth consecutive week to its highest level in just over a year, marking the latest strain for prospective homebuyers who are facing steep borrowing costs. The benchmark 30-year fixed rate mortgage rate rose... Read More.

Kellogg says it’s removing artificial dyes from cereals by the end of this year

Thursday, August 6 by SRN News

WK Kellogg said Thursday that it will remove artificial colors from all its cereals by the end of this year. The change comes a year ahead of schedule. Kellogg said last August that it would remove synthetic dyes from its cereals by the end of... Read More.

SpaceX shares rise even as company insiders get a chance to sell for the first time

Thursday, August 6 by SRN News

NEW YORK (AP) - Stock in Elon Musk's space company is rising even as many SpaceX insiders were freed up to sell for the first time. Investors in SpaceX have pushed the shares down sharply in recent days in anticipation of insiders possibly selling in... Read More.

Trump administration will buy back company’s offshore wind leases off 3 states in a $1.2B deal

Thursday, August 6 by SRN News

An offshore wind company said Thursday that it reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and Louisiana. RWE U.S. Offshore said its leases represented years of planning, investment and partnership with federal... Read More.

S&P 500, Nasdaq open lower as tech stocks weigh; MidEast in focus

Thursday, August 6 by SRN News

Aug 6 (Reuters) - The benchmark S&P 500 and the Nasdaq opened lower on Thursday, weighed by a drop in technology stocks as strong forecasts from Western Digital and Sandisk failed to impress, while investors also awaited details on a Middle East peace deal. The... Read More.

Canada’s services PMI edges up, but sector remains in contraction

Thursday, August 6 by SRN News

By Fergal Smith TORONTO, Aug 6 (Reuters) - Canada's services economy contracted for a second straight month in July as economic uncertainty depressed market demand and business sentiment, S&P Global's Canada services PMI data showed on Thursday. The headline Business Activity Index rose to 49.1 last... Read More.

Trump administration moves forward with Head Start overhaul, proposing to eliminate regulations

Thursday, August 6 by SRN News

WASHINGTON (AP) - President Donald Trump's administration said Thursday it plans to overhaul Head Start, tossing out many of the regulations that are the hallmark of the early education program for the nation's poorest children. Officials from the Department of Health and Human Services, which... Read More.

SpaceX shares slip as lockup expiry adds to post-IPO woes

Thursday, August 6 by SRN News

Aug 6 (Reuters) - SpaceX shares fell on Thursday, as investors braced for a potential bout of insider stock sales that could heap fresh pressure on a company already enduring a bumpy ride since listing. The shares were last trading down 1.3% at $106.45. When... Read More.

Alphabet seeks up to $25 billion from its latest bond sale, Bloomberg News reports

Thursday, August 6 by SRN News

Aug 6 (Reuters) - Alphabet is looking to raise as much as $25 billion from its latest U.S. bond offering, Bloomberg News reported on Thursday citing people familiar with the matter, weeks after the tech giant's 2026 capital spending outlook triggered a selloff. The... Read More.

Current Weather

Romania rushes to sink 4 barges in the Danube to keep a nuclear power plant’s second reactor running

Mortgage rates rise for 5th straight week, hitting levels not seen since 2025 for 2nd week in a row

Kellogg says it’s removing artificial dyes from cereals by the end of this year

SpaceX shares rise even as company insiders get a chance to sell for the first time

Trump administration will buy back company’s offshore wind leases off 3 states in a $1.2B deal

S&P 500, Nasdaq open lower as tech stocks weigh; MidEast in focus

Canada’s services PMI edges up, but sector remains in contraction

Trump administration moves forward with Head Start overhaul, proposing to eliminate regulations

SpaceX shares slip as lockup expiry adds to post-IPO woes

Alphabet seeks up to $25 billion from its latest bond sale, Bloomberg News reports

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