For: August 6, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed lower on Wall Street yesterday. The last few sessions have been a bit of a see-saw with a sell-off happening on Friday and a rebound session taking place on Monday. At the closing bell, the Dow Jones Industrial Average fell by 61 points to 44-111. The S&P 500 lost 30 points to 62-99. The Nasdaq dropped by 137 points to 20-916.
>>Boeing Strike Enters Third Day
(St. Louis, MO) -- A strike involving thousands of Boeing employees in the St. Louis area is now in its third day. More than three-thousand workers went on strike Monday after rejecting Boeing's contract offer. Union members are calling for higher pay as well as changes to time off and retirement benefits. The workers now walking the picket lines mainly build fighter jets and weapons systems
>>Bessent Not Interested In Fed Chair Position
(Washington, DC) -- President Trump says Treasury Secretary Scott Bessent "wants to stay where he is," when asked about his prospective candidates to replace Federal Reserve Chairman Jerome Powell. Bessent's name has been floated repeatedly as a potential replacement, but the president said he has spoken to Bessent and "he likes being Treasury secretary." Trump has pressured Powell to step down from the role of chair for not cutting interests rates, but he has indicted he will not fire Powell before the end of his term in May 2026. The president is also considering former Federal Reserve Board Governor Kevin Warsh and Kevin Hassett, who is the head of the National Economic Council at the White House.
>>Trump Threatens Tariffs On Pharmaceutical Imports
(Washington, DC) -- President Trump is threatening to impose tariffs on pharmaceutical imports. The president said during an interview that he plans to place a small initial tariff on pharmaceuticals before increasing the rate to 150-percent after one to one-and-a-half-years and then imposing another increase to 250-percent. The administration wants more drug companies to onshore their manufacturing, but experts suggest the process would take years to complete. The White House launched an investigation in April into the effects of importing pharmaceuticals on national security.
>>Homeowners And Homebuyers Price Standoff
(Undated) -- More homeowners are starting to pull their properties off the market as would-be buyers push back on higher home costs. According to Realtor-dot-com, the rate of delisted homes increased by 47-percent nationwide in May when compared to last year. Experts say the delisting surge "is partly due to the overall expansion in active inventory." Home inventory hit a new post-pandemic high, and sellers aren't in as much of a rush to accept lower than their desired amount.
>>Beverly, MA Hottest Zip Code In The U.S.
(Beverly, MA) -- Beverly, Massachusetts, is the hottest zip code in the country. It's ranked number-one among the 50 hottest zip codes for home buyers according to Realtor.com. The zip codes included "desirable suburban corridors" that can be purchased at surprising median listing prices. The current median listing price for a home in Beverly is 746-thousand-dollars. Marlton, New Jersey came in at number two, followed by Leominster, Massachusetts; Ballwin, Missouri; and Wayne, New Jersey.
>>Roku Debuts New Ad-Free Streaming Service
(San Jose, CA) -- Roku is launching a new ad-free streaming service. "Howdy" costs just three-bucks a month and includes almost ten-thousand hours of content. The library content will include shows and movies from studios like Warner Bros. Discovery and Lionsgate. Some of the titles included on the first day of service include the "Back to the Future" films, "Elvis" and "Mad Max: Fury Road." As of now, Howdy is only available on Roku devices, but the company has plans to make it available elsewhere soon.
