For: June 19, 2025
>>Markets Closed In Observance Of Juneteenth
(New York, NY) -- Markets are closed today in observance of the Juneteenth federal holiday. Stocks closed mixed on Wednesday with the Dow Jones Industrial Average falling by 44 points to 42-171. The S&P 500 lost one point to 59-80. The Nasdaq gained 25 points to 19-546.
>>Fed Leaves Interest Rates Unchanged
(Washington, DC) -- The Federal Reserve is leaving interest rates unchanged. Yesterday's decision marks the fourth straight time the Central Banks have kept rates steady. Rates will remain high and hover between four-and-a-quarter and four-and-a-half percent.
>>SpaceX Starship Explodes On The Ground
(Starbase, TX) -- A SpaceX Starship has exploded during a test in Starbase, Texas. Video online shows Ship 36 erupting into a massive fireball late Wednesday. It was expected Ship 36 would be used for the next Starship launch. The explosion happened during what's called a static fire test. No word yet on why.
>>NTSB Issues Jet Engine Warning
(Washington, DC) -- The National Transportation Safety Board is warning about some jet engines that could allow smoke to enter the cockpit when damaged. The bulletin out Wednesday cited some models of LEAP engines, manufactured by CFM International and used in the Boeing 737 Max and some Airbus A320neos. The FAA is requiring the manufacturer to address the issue and asking operators to update their training and flight simulator software.
>>U.S. Steel, Nippon Steel Finalize Deal
(Pittsburgh, PA) -- A deal to merge U.S. Steel and Nippon Steel is being finalized. Under the agreement, U.S. Steel will keep its headquarters in Pittsburgh and more than 100-thousand jobs are expected to be created across the country. The agreement states that Nippon Steel will invest eleven-billion-dollars in new investments in U.S. Steel by 2028. The deal also ensures that the majority of U.S. Steel's board of directors, including its CEO, will be American citizens.
>>Texas Instruments Investing $60B In Chip-Making
(Dallas, TX) -- Texas Instruments says it will spend more than 60-billion dollars to grow its chip-making operations in the U.S. The company said Wednesday it will build or expand seven semiconductor plants in Texas and Utah. It also said it would create 60-thousand jobs. TI makes analog chips used in cars, phones and medical devices, supplying major brands like Apple, Ford and SpaceX. The move comes as President Trump pressures tech giants to build their products in the U.S.
>>Wendy's Restaurants Introducing New Takis Collaboration
(Madison, WI) -- Wendy's restaurants across the country are launching a new collaboration. The company is planning to introduce their new "Takis Fuego Meal" on Friday. The combo includes a spicy chicken filet sandwich topped with crushed Takis chips, chili lime sauce, creamy corn spread, and cheddar cheese sauce. The sandwich will be served with a side of "Fuego Fries" tossed in chili lime seasoning and a bag of Takis Fuego chips while supplies last.
