For: October 16, 2025
>>Ahead Of The Bell
(Washington, DC) -- The opening bell rings this morning after stocks closed mixed on Wall Street yesterday. Financial companies like Bank of America and Morgan Stanley posted positive earnings results however, uncertainty persists around trade tensions with China and the federal government shutdown now in its third week. At the closing bell, the Dow Jones Industrial Average lost 17 points to 46-253. The S&P 500 rose by 26 points to 66-71. The Nasdaq gained 148 points to 22-670.
>>Shutdown Drags On
(Washington, DC) -- The federal government shutdown continues and that means some key economic reports that would normally be released today will not come out. We'll be missing weekly jobless claims, retail sales data and the inflation-indicating producer price index. This, after the Senate on Wednesday rejected a bill for the ninth time that would have ended the federal government shutdown. It came after President Trump said he will cut programs favored by Democrats, with a full list of targeted programs expected Friday.
>>Average New Car Prices Reach Record High
(Undated) -- New car prices are reaching record highs in the U.S. According to Kelley Blue Book, the average American new car buyer paid just under 50-thousand-and-100-dollars in September, which is the first time the figure has ever topped the 50-thousand-dollar mark.
>>United Airlines Flight Is First To Offer Starlink Wi-Fi
(Houston, TX) -- United Airlines is marking a major milestone when it comes to in-flight internet service. United Flight 2940 from Newark to Houston made history yesterday as the first time a major U.S. airline has offered Starlink Wi-Fi on a mainline flight with connectivity on personal devices as well as in-flight entertainment screens. United's Chief Customer Officer David Kinzelman says it's all about raising the bar. He says "Whether it's catching a live game, streaming an award show or working, United customers won't miss a beat when they're onboard a Starlink-equipped flight."
>>Reality TV Production Down In L.A.
(Los Angeles, CA) -- The greater Los Angeles area is seeing a decline in reality television production. A new report from FlimLA says, between July and September, there was a 21 percent drop in overall TV shoot days. The total number of shoot days was four-thousand-380. That's down more than 13 percent compared to the same period a year ago. The data does not reflect the full impact of California's newly bolstered film and TV tax credits, which were passed in early July.
>>NBC News Lay Offs
(New York, NY) -- NBC News is announcing layoffs. Word came Wednesday that about 150 employees were being let go ahead of NBC's upcoming split from MSNBC. That represents about two-percent of the workforce at NBC News Group.
