For: June 26, 2026
>>Trading Week Winding Down
(New York, NY) -- The opening bell rings this morning on Wall Street following a mixed day of trading. Shares of Apple fell Thursday after the tech giant raised prices on several of its signature products, including the MacBook Neo, MacBook Air, iMac, and iPad product lines. At the closing bell, the Dow Jones Industrial Average added 71 points to 51-920. The S&P 500 lost less than a point to 73-57. The tech-heavy Nasdaq fell 118 points to 25-358.
>>Inflation Hits Highest Level In 3 Years
(Washington, DC) -- Annual inflation is at its highest level in three years. According to the personal consumption expenditures price index released by the Commerce Department Thursday, the Federal Reserve's primary inflation gauge showed an annual rate of four-point-one percent. That's the highest since April 2023. However, even with the elevated inflation levels, consumer spending for the month came in stronger than expected as personal consumption expenditures rose by zero-point-seven percent. The report comes a little more than a week after the Fed and its new Chairman Kevin Warsh delivered what markets widely viewed as a tough talk on rates and inflation.
>>Meta And Qualcomm To Team Up
(San Diego, CA) -- Meta is teaming up with Qualcomm on artificial intelligence. CEO Mark Zuckerberg says the goal is to build what he calls "personal superintelligence" for people around the world. San Diego-based Qualcomm will supply chips for Meta data centers, starting with its new Dragonfly C1000 processor expected to ship in 2028. The deal makes Meta the company's first major data center customer as it moves beyond smartphones. Qualcomm is pushing into AI and data centers as it prepares for its Apple contract to end in 2027.
>>Zillow Study Says Homes Are Getting More Expensive
(Undated) -- A record number of cities across the U.S. now have starter homes valued at one-million dollars. According to Zillow, 242 cities across 26 states have housing markets with that price tag as the entry point for homeownership. California has the most cities on that list with 105, and the second on that list is New York, with 42 cities. New Jersey, Florida, and Massachusetts round out the top five. A million-dollar starter home, fortunately, is not the norm, with the average home price across the country just under 200-thousand dollars.


