For: September 9, 2025
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed higher yesterday as Wall Street kicked off a big week of economic data. The tech-heavy Nasdaq notched a new record as Amazon, Meta Platforms, Microsoft and Nvidia shares all rose. Investors are now awaiting the release of two key inflation reports -- the producer price index and the consumer price index later in the week -- for insight into the health of the economy. At the closing bell, the Dow Jones Industrial Average gained 114 points to 45-514. The S&P 500 added 13 points to 64-95. The Nasdaq rose 98 points to 21-798.
>>What To Watch For At Apple's Big Event
(Cupertino, CA) -- Apple is expected to unveil the thinnest iPhone ever at its hardware event happening today. Along with iPhone-17, Apple is set to release the 17-Pro and 17-Pro Max. Announcements are also expected on updates for the Apple Watch and AirPods.
>>Postal Shipments To The U.S. Are Down
(Undated) -- Postal shipments to the U.S. are down 80-percent. Data from the Universal Postal Union noted that 88 shipping providers around the globe have completely or partially suspended shipping to the U.S. The findings come after President Trump ended the de minimis exemption that made lower-value shipments exempt from tariffs. While it's likely that many postal services will eventually resume shipments, it's also likely to come at a higher price for customers.
>>EchoStar Reaches $17B Deal With SpaceX
(Englewood, CO) -- EchoStar, the parent company of Dish Network, is selling off a large portion of its wireless spectrum to SpaceX. The 17-billion-dollar deal will see SpaceX make interest payments on EchoStar's debt through November 2027. It'll also put in place a long term agreement for EchoStar's Boost Mobile customers to use SpaceX's Starlink direct-to-cell service.
>>Cracker Barrel's Efforts To Prioritize Cost Savings
(Lebanon, TN) -- Former Cracker Barrel employees are coming forward with claims the restaurant chain directed staff to prioritize "cost savings" and "efficiency" over customer satisfaction. According to a report from the New York Post, Tennessee-based Cracker Barrel issued the nonpublic directive in February to account for a labor shortage occurring with the company's kitchen staff. Former kitchen workers told the New York Post cost saving efforts included an end to daily made fresh biscuits and meatloaf, which sparked complaints from customers. However, sources say the modifications have been scrapped after Cracker Barrel caused outrage over its logo change last month.
>>Workers Less Confident In Finding Another Job
(New York, NY) -- U.S. workers are increasingly uncertain about being able to move to another job. In fact, that confidence has hit a record low, according to a survey from the New York Federal Reserve out Monday. It found 45 percent of workers thought they could get another job, down nearly six points from July and the lowest since the survey started in 2013. It comes as hiring has slowed across the country.
>>Social Media Tips Cost Taxpayers Millions
(Undated) -- Self-described tax experts of social media are costing taxpayers millions in penalties. According to an IRS news release, the agency has reported more than 160-million-dollars in penalties since 2022. The IRS is now warning of two schemes in particular that have been circulating recently which promote the misuse of the Fuel Tax Credit as well as the Sick and Family Leave Credit. Taxpayers who subscribed to social media tips are encouraged to amend their tax returns immediately, respond to IRS letters and hire reputable tax professionals.
