For: June 13, 2025
>>Watching Wall Street
(New York, NY) -- The opening bell rings this morning after stocks closed higher on Wall Street Thursday. It comes after the latest producer price index reported showed a point-one-percent increase last month. That was against expectations of point-two-percent. At the closing bell, the Dow Jones Industrial Average gained 101 points to 42-967. The S&P 500 gained 23 points to 60-45. The Nasdaq rose by 46 points to 19-662.
>>Oil Futures Surge After Israel Strikes Iran
(Undated) -- Oil futures saw a major surge after Israel carried out a massive series of air strikes on Iran. Crude oil futures were up more than eight percent as of last check, after climbing as high as 13 percent Thursday evening. The price of a barrel of West Texas crude was at about 73-dollars-and 60 cents, close to some of the largest single-day gains since 2020.
>>Trump Ends CA Vehicle Mandate
(Washington, DC) -- President Trump is putting the final nail in the coffin for California's EV mandate. Trump held a ceremony at the White House yesterday, signing legislation that halts Democratic Governor Gavin Newsom from requiring California residents to buy electric cars. Newsom has vowed to fight the law in court, but now faces an uphill battle. The mandate required all vehicles sold in the state be zero-emission by 2035. Trump said getting rid of the mandate will save the U.S. auto industry.
>>Food Distributor Hit By Cyberattack
(Providence, RI) -- Whole Foods locations around the country are starting to see shortages after a major supplier was hit by a cyberattack last week. United Natural Foods reported Monday the company had to take some systems offline to deal with the attack and that it has temporarily impacted their ability to handle customer orders. The company didn't share the details of the breech but there have been a series of ransomware attacks on major retail customers in recent weeks. A spokesperson for Whole Foods says the grocery chain is working to restock shelves as quickly as possible.
>>Social Security Payments Could Go Up 2.5% In 2026
(Undated) -- Social Security's cost of living adjustment could go up two-and-a-half-percent in 2026. That's what analysts are predicting, but that could change depending on what effect President Trump's sweeping global tariffs could have on prices. The adjustment is calculated based on price and inflation data from July, August and September. The increase could go up if those numbers do too.
>>Autonomous Vehicles Impact On Accidents And Insurance
(Undated) -- Autonomous vehicles could lead to fewer car accidents, but are not expected to lead to fewer dollars spent on insurance in the near future. According to new research from Goldman Sachs, the types of risks insurers cover in the future may shift rather than disappear. In the meantime, drivers can expect modest growth in auto insurance premiums partially because newer tech-heavy cars have pushed up repair expenses, leading to higher costs per claim. While lower premiums won't come soon, Goldman analysts predict insurance costs will decrease by more than 50 percent in the next 15 years.
>>"How To Train Your Dragon" Set To Make $75 Million
(Los Angeles, CA) -- "How to Train Your Dragon" is expected to fly off to fast start at the box office. The live action remake is projected to make between 70 and 80-million-dollars in its first weekend in theaters. The film will overtake Disney's "Lilo & Stitch", which took first three weeks in a row and has brought in 775-million worldwide. Meanwhile, A24's "Materialists" starring Dakota Johnson, Pedro Pascal and Chris Evans is projected to make between eight and nine-million-dollars in its debut.
