Business News

AM Business Notebook 

For: July 2, 2026

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after a down day on Wall Street.  At the closing bell, the Dow Jones Industrial Average lost 13 points to end the day at 52-305.  The S&P 500 fell 16 points to 74-83.  The  tech-heavy Nasdaq dropped 173 points to 26-040.  Markets will be closed tomorrow in observance of Independence Day.  

 

>>Jobs Report Due 

(Undated)  --  The government's June jobs report will be released today - a day earlier than normal due to the upcoming July 4th holiday.  Most analysts expect to see that 115-thousand jobs were added last month.  In comparison, May's jobs report showed the economy added 172-thousand new jobs.  

 

>>Federal Chairman Says Inflation Risks Are Declining

(Sintra, Portugal)  --  Federal Reserve Chairman Kevin Warsh says inflation risks have declined over the last few weeks.  This is due to energy prices dropping following the U.S and Iran signing a memorandum of understanding to end the ongoing war last month.  During a gathering of central bankers in Sintra, Portugal Walsh said the central bank still has more work to do, but it will stay independent regardless of what President Trump wants.  The Fed Chairman also added the Reserve is monitoring the AI industry and predicts that it will create jobs due to a boom in capital expenditures.

 

>>Sony To Stop Making Physical PlayStation Discs

(Tokyo)  --  Sony will stop making physical game discs for PlayStation starting in January 2028.  After that, all new games will only be available in digital format.  The switch won't affect games already released on disc.  

 

>>Ford Recalling Over 741,000 Vehicles Due To Park System Issue

(Dearborn, MI)  --  Ford Motor Company is recalling over 741-thousand vehicles due to a park system issue that could cause the vehicle to roll away.  The U.S. National Highway Traffic Safety Agency says the recall is for certain Ford Expedition, Explorer, and F-150 trucks along with Lincoln Aviator and Navigator vehicles made between model years 2018 and 2021.  Owners will get a notice in the mail.  Ford is aware of 24 instances of property damage and nine injuries.  

 

 

On Air Now

Eric G.
Eric G.
12:00pm - 2:00pm
Around the House with Eric G.

FlashAlert

KBND ON FACEBOOK

Duck Insider

News Disclaimers