For: July 16, 2026
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed higher on Wall Street Wednesday. It came as traders were digesting the latest numbers from the Bureau of Labor Statistics showing the producer price index fell three-tenths of a percent last month. Analysts were expecting the rate to remain unchanged. At the closing bell, the Dow Jones Industrial Average added 150 points to 52-658. The S&P 500 gained 28 points to 75-72. The Nasdaq rose 162 points to 26-269.
>>FCC Chair On California's Lawsuit Against Paramount Skydance
(Undated) -- The chairman of the FCC does not think California's lawsuit against Paramount Skydance's acquisition of Warner Bros. Discovery is a "legitimate antitrust case." Carr doubted the success of the legal challenge during an interview with The Hill while discussing California's reported stipulation to drop the lawsuit. According to Carr citing news reports, California was floating the idea of dropping all antitrust litigation if CNN is spun off as its own media entity. Carr quipped that he did not "understand what antitrust theory you have that says there's a problem with this acquisition that is made or broken based on one cable channel being included."
>>DC Council Approves Bill Capping Resale Ticket Prices
(Washington, DC) -- The DC Council is capping the price of resale tickets for events and concerts in Washington, DC. The council unanimously passed the RESALE Act this week. In addition to capping the markup on resold tickets at ten-percent, the bill bans bot ticket purchases and the sale of speculative tickets. It also prohibits surveillance pricing, which is the practice of adjusting ticket prices based on customer data. The bill could take effect on January 1st if it withstands congressional review.
>>Frontier Airlines Getting Wi-Fi
(Denver, CO) -- Frontier Airlines passengers will soon be able to use Wi-Fi. The airline says that starting early next year, flights will offer high-speed internet through SpaceX's Starlink. Beyond watching movies on a flight, the airline says Starlink will also provide connectivity for pilots, flight attendants, maintenance teams, and ground operations. Pricing hasn't yet been announced.
>>NFL Sets Date For Seahawks Sale Vote
(Seattle, WA) -- NFL owners will vote next month on the proposed sale of the Seattle Seahawks. The league has announced that a one-day owners' meeting will be held August 26th in Atlanta for the presumed vote. The Paul Allen Trust is selling the defending Super Bowl champions to Silicon Valley's Khosla family for a record 9.6-billion-dollars.
