For: July 16, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed mostly lower yesterday on Wall Street as investors weighed earnings and inflation data. The Dow Jones Industrial Average fell more than 400 points as a slight rise in the annual inflation rate in June renewed fears about the impact of future tariffs. Chip stocks helped power the tech-heavy Nasdaq to a new record. At the closing bell, the Dow Jones Industrial Average fell 436 points to 44-023. The S&P 500 lost 24 points to 62-43. The Nasdaq gained 37 points to 20-677.
>>Trump Speaks At AI Summit
(Pittsburgh, PA) -- President Trump says the U.S. is destined to be the world's number one superpower in artificial intelligence. He spoke at the Inaugural Pennsylvania Energy and Innovation Summit on Tuesday. The event brought together some of the top leaders and investors in energy and AI. Trump announced 90-billion dollars worth of private investments in AI and energy in Pennsylvania. He said the state is retaking its place at the forefront of energy.
>>A Dozen House Republicans Block Voting On Crypto Bills
(Washington, DC) -- A dozen House Republicans voted to block a procedural vote Tuesday over concerns about cryptocurrency legislation. The move keeps the House from debating and eventually voting on three separate crypto bills and legislation to fund the Defense Department through next year. House Speaker Mike Johnson said after the vote that the hardliners want to see the crypto bills rolled up into one piece of legislation. Those include the CLARITY Act, which looks to establish a regulatory framework for crypto asset markets, the GENIUS Act, which focuses on stablecoins, a digital currency with value tied to a real-world asset and the CBDC Surveillance State Act. That one would keep the Federal Reserve from coming out with its own digital currency in an effort to keep privacy and individual control over transactions.
>>Survey: Financial Anxiety On The Rise
(Milwaukee, WI) -- More Americans say they are anxious about money. A new survey from Northwestern Mutual found that nearly 70 percent of respondents were feeling anxiety and depression over financial uncertainty. That's an eight-percent increase from 2023. Financial experts say those worried about money should consider opening an emergency savings account that would cover up to six months worth of expenses.
>>Trash Strike Continues
(Boston, MA) -- The strike by sanitation workers at Republic Services is continuing to impact not only Massachusetts communities. The 450 workers in greater Boston and the North Shore walked off the job July 1st. Meanwhile, local leaders across California are growing concerned about public health issues as trash piles up with garbage collectors having walked off the job as they stand in solidarity with striking workers on the East Coast. Union leaders say contract talks are continuing this week. Even if an agreement is reached soon, trash collection might not resume for a few more days.
