For: June 16, 2026
>>Watching Wall Street
(New York, NY) -- The opening bell rings this morning after stocks closed sharply higher Monday on news of U.S-Iran peace deal. The Dow Jones Industrial Average hit a new record high as stocks surged and oil prices fell. SpaceX extended its rally with shares gaining nearly 20 percent to add further lift to the markets. At the closing bell, the Dow Jones Industrial Average gained 468 points to 51-671. The S&P 500 rose 122 points to 75-54. The Nasdaq climbed 795 points to 26-683.
>>Fox Agrees to Acquire Streamer Roku
(Undated) -- Fox is buying Roku for 22 billion dollars, or about 160 dollars per share. It's the latest chapter in the ongoing saga of media consolidation, as the industry deals with changes and challenges. The deal brings together Fox's news and sports channels, as well as streaming service Tubi, which it bought in 2020, with Roku. It's been about seven years since Fox made its last major move of this kind, when it sold its entertainment assets in a 71 billion dollar deal with Disney.
>>Fed To Announce Decision On Interest Rates Tomorrow
(Undated) -- The Federal Reserve's next interest rate decision looms. The Federal Open Market Committee opens a two-day policy meeting today with the announcement on rates coming Wednesday. It will be the first meeting with new Fed Chairman Kevin Warsh at the helm after he replaced Jerome Powell. While he has promised to bring "regime change" to the nation's central bank, it's expected that the key interest rate will remain unchanged for now.
>>California Has Some Of The Most Powerful Teachers Unions
(Sacramento, CA) -- California has some of the most powerful teachers unions in the country, ranking second after Vermont. According to a new study by the Thomas Fordham Institute, the strongest unions are in wealthier, Democratic-led states. The California Teachers Association and California Federation of Teachers represent over four hundred thousand members combined. California's teachers unions are considered the most powerful in politics and have a lot of influence. They spent the most on political ads and gave the second most to state political parties in recent years. California teachers earn the highest average salary and are among the most likely to strike. Those strikes and their outcomes are also often closely watched nationwide.
