Business

Europe’s central bank raises rates to fight inflation from Iran war, the Fed to decide next week

Thursday, June 11 by SRN News

The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war as policymakers including new U.S. Federal Reserve Chair Kevin Warsh wrestle with how to confront the inflation fed by sharply higher oil... Read More.

US producer prices increase more than expected in May amid jump in energy costs

Thursday, June 11 by SRN News

WASHINGTON, June 11 (Reuters) - U.S. producer prices increased more than expected in May, leading to the largest annual gain in 3-1/2 years as the Middle East conflict drove up the cost of energy products. The Producer Price Index for final demand advanced 1.1% last... Read More.

BHP workers vote for strike action at Australian iron ore export hub

Thursday, June 11 by SRN News

By Christine Chen SYDNEY, June 11 (Reuters) - BHP workers at Port Hedland in Western Australia voted in favour of strike action, two unions said on Thursday, risking disruptions to iron ore shipments from one of the world's biggest export hubs. The Electrical Trades Union said... Read More.

Wall St futures gain on tech rebound, Middle East peace hopes

Thursday, June 11 by SRN News

By Joel Jose and Twesha Dikshit June 11 (Reuters) - U.S. stock index futures rose on Thursday, as investors sought bargains in beaten-down technology stocks and were optimistic about signs of progress in peace talks between the U.S. and Iran. Chipmakers bounced back after... Read More.

Morning Bid: Learning to love the inflation

Thursday, June 11 by SRN News

By Mike Dolan June 11 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Markets are getting hit on several fronts: war, inflation, interest rate rises and tech jitters. And while Donald Trump may "love the inflation", the... Read More.

Analysis-EU curbs on Chinese inverters risk slowing solar rollout over security fears

Thursday, June 11 by SRN News

By Kate Abnett, Susanna Twidale and Nina Chestney BRUSSELS/LONDON, June 11 (Reuters) - The European Union's ban on public funding for Chinese-made solar inverters could affect more than a fifth of new solar capacity, exposing a growing tension between energy security fears and the bloc's... Read More.

Too sick to work, but can they prove it? New Medicaid rule worries patients

Thursday, June 11 by SRN News

NEW YORK (AP) - On hot afternoons, DeAnna Brandon's three dogs zag around while she splashes in a backyard kiddie pool with her grandkids. These are the moments the 48-year-old blood cancer survivor cherishes - and wonders if she'll get to have in the... Read More.

Elon Musk’s SpaceX is about to make its debut on Wall Street. What to know

Thursday, June 11 by SRN News

Elon Musk's rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece. Musk, already the world's richest man, could become its... Read More.

A fire on the Spanish island of Mallorca kills 2 people and injures several

Thursday, June 11 by SRN News

MADRID (AP) - A fire that broke out early Thursday morning at a home in a tourist area on the Spanish island of Mallorca killed two people and injured several, authorities said. The fire broke out around 5 a.m. on the third floor of a... Read More.

Hugo Boss shares jump after Frasers’ $2.3 billion takeover bid

Thursday, June 11 by SRN News

June 11 (Reuters) - Shares in Hugo Boss rose about 7% on Thursday after Britain's Frasers Group launched a $2.3 billion takeover offer for the German fashion brand. Frasers, already the largest shareholder of Hugo Boss with a stake of just over 26%, is offering... Read More.

Current Weather

Europe’s central bank raises rates to fight inflation from Iran war, the Fed to decide next week

US producer prices increase more than expected in May amid jump in energy costs

BHP workers vote for strike action at Australian iron ore export hub

Wall St futures gain on tech rebound, Middle East peace hopes

Morning Bid: Learning to love the inflation

Analysis-EU curbs on Chinese inverters risk slowing solar rollout over security fears

Too sick to work, but can they prove it? New Medicaid rule worries patients

Elon Musk’s SpaceX is about to make its debut on Wall Street. What to know

A fire on the Spanish island of Mallorca kills 2 people and injures several

Hugo Boss shares jump after Frasers’ $2.3 billion takeover bid

On Air Now

The Todd Herman Show

On Air Next

The Kliff Davis Show

Political News

Trump extols America, rails at communism in US 250th celebration

Trump pardons 11, most for violating Clean Air Act

Supreme Court’s Barrett fuels conservative wins while sometimes splitting with Trump

Trump got the Senate candidates he wanted. How much will he spend to help them?

Democratic governors press US Postal Service to drop plan tied to Trump’s election order