For: June 12, 2026
>>Trading Week Winding Down
(New York, NY) -- The opening bell rings this morning after stocks closed sharply higher yesterday. That came after President Trump announced he was canceling planned U.S. strikes against Iran and said a peace deal may be agreed to soon. At the closing bell, the Dow Jones Industrial Average gained 929 points to 50-848. The S&P 500 climbed 127 points to 73-94. The Nasdaq rose 640 points to 25-809.
>>SpaceX IPO Today
(Starbase, TX) -- SpaceX is about to launch the largest IPO ever. The deal that could make Elon Musk a trillionaire happens today. The re-usable rocket company is planning to sell more than 555-million shares of the company for 135-dollars a piece. It values the company at more than one-point-seven trillion dollars. As CEO, Musk will still retain more than 80 percent of voting power, however. The shares will be listed on Nasdaq under the ticker SPCX.
>>Visa To Let AI Make Your Purchases
(San Francisco, CA) -- Visa is working with OpenAI to let AI agents shop and purchase things on behalf of users. The company announced its new partnership with OpenAI Wednesday. It allows users to connect a Visa card to ChatGPT and get to work. Limits can be set on how much the AI spends and where it can buy from. Jack Forestell, chief product and strategy officer at Visa, gave the example of telling ChatGPT to find wireless headphones costing less than 150-dollars. The AI would then find the item and buy it for you. No word on the fees for this service.
>>Waymo Launches Premier Subscription Tier In Select Cities
(Undated) -- Waymo is launching a new subscription tier called Waymo Premier as it pursues an aggressive expansion plan. The service will cost 30-dollars a month, and it targets avid users in some of the most popular markets. According to a blog post from the Alphabet-owned company, the new subscription tier is invite only to start for select riders in San Francisco, Los Angeles and Phoenix. Subscribers can expect prioritized matching, up to five free cancellations per month and they'll earn ten percent back in loyalty credits or Waymo Cash for each trip.
>>Choking Reports Prompt Baby Toy Recall
(Washington, DC) -- A baby teething toy sold on Amazon is under recall after reports of children choking on them. The Consumer Product Safety Commission said Thursday that LiKee [[ LEE - kee ]] Pull String Teething Toys violate federal toy rules. The agency warns the silicone strings can reach the back of a child's throat and get stuck. China-based ChilanTech has received several reports of breathing distress and choking. CPSC says parents should take the toy away and ask the company for a free replacement.
>>Americans Are Avoiding Their Bank Balances
(Minneapolis, MN) -- Almost one in three Americans are not checking their bank balances because of anxiety. That's according to a U.S. Bank survey of over three-thousand adults. Younger adults reported the sharpest money stress, with nearly half of Gen Z saying they avoid checking their accounts entirely. Nearly three quarters of millennials reported high or moderate anxiety over checking and savings balances, while one in four adults said they would need ten-thousand dollars saved to avoid financial stress.
