>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed mixed on Monday to start the final trading week of June. Nvidia shares fell more than six percent as investors sold IT stocks adding to the chipmaker's recent decline. At the closing bell, the Dow Jones Industrial Average gained 260 points to 39-411. The S&P 500 lost 16 points to 54-47. The Nasdaq fell 192 points to 17-496.
>>Economic Reports On The Calendar
(Undated) -- Data on consumer confidence and the S&P Case-Shiller home price index are due out today. We'll get word on new home sales numbers Wednesday, followed by pending home sales, weekly jobless claims and a second revision of the GDP on Thursday. The week wraps up with word on personal income and spending along with consumer sentiment on Friday.
>>Infowars To Be Shut Down
(Undated) -- The trustee in charge of internet host and noted conspiracy theorist Alex Jones's bankruptcy proceedings says the Infowars media site will be shut down. Court-appointed trustee Christopher Murray said during an emergency motion that an "orderly wind-down" will take place of the site, with Jones's business assets liquidated in an attempt to pay families of the Sandy Hook shooting victims. Jones used the platform to call the 2012 shooting that killed 26 people, including 20 first-graders a "hoax," with an almost one-point-five billion dollar judgment being placed against him, forcing bankruptcy.
>>Yellen Unveils $100-Million Affordable Housing Fund
(Washington, DC) -- The Biden administration is unveiling a new 100-million-dollar fund for affordable housing. It's part of a larger package of financing initiatives to support housing development. The announcement comes as Treasury Secretary Janet Yellen meets with housing officials in Minnesota as part of an effort to tout President Biden's economic agenda. Inflation and its impact on affordable housing is likely to be a topic in Thursday's presidential debate between Biden and former President Trump.
>>Paramount+ Increasing Subscription Costs
(Los Angeles, CA) -- It will soon cost more for certain Paramount-Plus subscription plans. Paramount announced Monday that the cost for the Paramount-Plus with Showtime plan for its streaming service will go up a dollar to 12-99 a month. A Paramount-Plus Essential subscription will now cost seven-99 a month, a jump of two dollars. New customers will see the price increase starting in August, while exisiting Paramount-Plus with Showtime subscribers will see the price jump take effect on or after September 20th. Paramount-Plus joins a number of other streaming services including NBCUniversal's Peacock and HBO's Max in announcing subscription price hikes recently.
>>Texas Company Plans 2025 Launch Of Rocket From Wallops Island
(Richmond, VA) -- A Texas-based engineering firm is planning to launch its two-stage orbital rocket from Virginia's Wallops Island spaceport. The governor's office announced yesterday that Firefly Aerospace is planning a launch of its two-stage Alpha rocket. The company has plans to provide low-orbit launch services with payloads of up to a thousand kilograms to commercial, government and military clients. The launch is set for next year, though an exact date wasn't announced.
