For: June 11, 2026
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks finished lower on Wall Street Wednesday. At the closing bell, the Dow Jones Industrial Average lost 953 points to 49-918. The S&P 500 fell 119 points to 72-66. The Nasdaq dropped 509 points to 25-169.
>>Second Report On Inflation Due Today
(Undated) -- The Producer Price Index, or PPI, comes out this morning. The PPI measures prices on the wholesale level, before they reach consumers. This month's report will be closely watched, especially by the Federal Reserve, after the Consumer Price Index showed inflation hit a three year high in May, up four-point-two percent year over year. The reports usually move in tandem, or, if one rises, the other tends to, as well. But that's not always the case.
>>EPA Extends Cheaper Gas Waiver
(Washington, DC) -- Access to a cheaper gas option is being extended for millions of Americans. The EPA is stretching a summer waiver for Unleaded 88, which is sold at thousands of stations in 33 states. It's a blend of 15-percent ethanol and 85-percent gasoline. Summer air pollution rules would otherwise limit its sale. Another extension is possible, but not guaranteed. The EPA has been renewing the waivers in 20-day blocks because federal law caps each emergency fuel waiver at 20 days.
>>Kalshi To Require Some Employer Verification
(New York, NY) -- Kalshi is planning to require users in certain markets to share information about their employers. The prediction market announced that it has created a system to score markets based on the risk of insider trading and those with certain scores will require employment verification. Kalshi's head of enforcement said in a statement, "by implementing these new integrity measures, we continue to lead the industry on the issue of market integrity amongst federally regulated prediction markets." The update comes as prediction markets, like Kalshi and Polymarket, are seeking to crack down on insider trading due to lawmakers' concerns over suspicious activity on the platforms.
>>American Axle, UAW Reach Tentative Contract Deal
(Three Rivers, MI) -- American Axle and the United Auto Workers have reached a tentative deal on a new contract after a ten-day strike in Three Rivers, Michigan. UAW president Shawn Fain says they have won "back nearly 20 years of struggle." Employees will have their pay increased to 30-dollars an hour by 2030 if the contract is ratified. Local 2093 bargaining chairman Josh Jager says the raise is over 36-percent to their top rate in four years and "will change the lives in Three Rivers and across southwest Michigan." The contract does not raise healthcare premiums for four years and has Martin Luther King Jr. Day and Veterans Day added as paid holidays.
