For: June 30, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning to usher in what will be a holiday-shortened trading week. Stocks closed higher on Friday to cap a record-breaking week with both the S&P 500 and the tech-heavy Nasdaq hitting all-time highs. At the closing bell, the Dow Jones Industrial Average gained 432 points to 43-819. The S&P 500 added 32 points to 61-73. The Nasdaq rose 105 points to 20-273.
>>What To Watch For This Week
(Undated) -- Coming up in the business week ahead, auto sales, job openings and construction spending kick things off on Tuesday. ADP releases its employment report on Wednesday. The always highly-anticipated monthly jobs report will be out Thursday, with markets closed on Friday for the 4th of July. Most analysts expect to see 115-thousand new jobs created in June, compared to 139-thousand the month prior. The unemployment rate is expected to tick up just a bit from four-point-two percent to four-point-three.
>>Trump: I'll Send Letters To Countries That Don't Make Tariff Deals
(Washington, DC) -- President Trump is shrugging off an upcoming deadline for U.S. tariffs to go back into effect on several countries. The White House deadline for countries to come to the bargaining table is July 9th. Trump told "Fox News" that "it's going to be very simple." He says he's going to send letters to the countries that don't make a deal by then, and inform them they can trade with the U.S., but the tariffs are returning.
>>Consumer Sentiment Surges In June
(Ann Arbor, MI) -- Consumer sentiment surged in June for the first time in six months. The University of Michigan's final reading for the month jumped 16 percent from May. The survey showed a broad based rebound, although the reading is still well below the post-election bounce seen in December 2024. The survey's chief economist said consumers remain concerned about inflation and the potential impact of tariffs. Year-ahead inflation expectations fell to five percent this month which is down more than one-and-half percent from May.
>>Ford Issues "Do Not Drive" Warning For 2025 Pickup Trucks
(Dearborn, MI) -- Ford Motor Company is telling the owners of over 23-hundred Super Duty pickup trucks from model year 2025 not to drive them. The order is due to an issue with the hydraulic brake system that can lead to brake failure. The affected models are F-250, F-350, F-450, and F-550 Super Duty trucks. The National Highway Traffic Safety Administration says a spring in the braking system might not have been installed.
>>GM Recalls Over 62k Chevy Silverados Over Brake Fire Risk
(Detroit, MI) -- General Motors is recalling over 62-thousand Chevrolet Silverado pickups. The recall is due to a brake pressure sensor assembly possibly leaking and causing a fire. GM says the leak could cause a short circuit, resulting in a heightened risk of fire while driving or parked. Owners of the recalled Chevrolet Silverado Medium Duty 4500HD, 5500HD and 6500HD pickups from 2019 to 2025 should park their pickups outside until the issue can be fixed. Federal safety regulators advise parking the vehicles away from buildings as a precaution.
>>A Buyer For TikTok May Have Been Found
(Washington, DC) -- President Trump says TikTok has a buyer. Trump told "Fox News" a buyer is in place, but he won't say who it is at this time. The President has extended the deadline to sell the company from Chinese ownership several times. He says the new buyers are very wealthy and he'll have more to say in about two weeks. Congress forced the sale fearing national security concerns over Chinese ownership.
>>Top 5 College Degrees With Highest ROI (New York, NY) -- With a college degree now setting students back over 153-thousand dollars, a new report by Student Choice shares the top five programs with the strongest return on investment. Number one is engineering, offering a median annual salary of 100-thousand dollars and growth opportunities in renewable energy, defense and manufacturing innovation. Computer Science and IT make come in at number two with a salary of 95-thousand dollars a year. Nursing is in third place, accounting claims number four and biochemistry at number five.
