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US Strikes Iran After Apache Helicopter Downed, June 10
US military strikes Iran after Apache helicopter downed over Strait of Hormuz. Two pilots rescued safely. Ceasefire at risk as tensions escalate.
S&P 500 Falls 0.26% as Chip Rebound Fizzles, June 10
S&P 500 drops 0.26% to 7,386.65 on June 9 as chip stocks fade and Middle East tensions rise. Nasdaq falls 0.97%. Dow gains 0.17%.
Nasdaq Falls 0.97% as Chip Rally Fades, June 10
Nasdaq Composite fell 0.97% to 25,678.82 on June 9 as chip stocks retreated. Meyka rates it C+ with a 12-month target of $22,613.65.
Senate Spending Stalled as Collins, Democrats Clash Over Defense Budget, June 09
Senate Appropriations Chair Susan Collins halts spending bill markups amid partisan dispute over defense and domestic funding totals.
Japan Boosts Defense Budget Plan to 3.5% of GDP, June 10
Japan’s LDP approves defense spending proposal targeting 3-3.5% of GDP. Government plans to finalize new security documents by December 2026.
UK’s £100,000 Tax Trap Widens as Allowance Stays Frozen, June 10
£100,000 tax threshold frozen for 2026/27, triggering 60% tax trap as personal allowance withdraws for higher earners.
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 10
S&P 500 fell 0.26% to 7,386.65 on June 8 as chip stocks lost momentum. Nasdaq dropped 0.97%. Oil prices fell 3.4% on Middle East ceasefire hopes.
UPSC Prelims 2026 Result Expected This Week, 5.49 Lakh Await Verdict
UPSC Prelims 2026 result expected in June. 5.49 lakh candidates compete for 933 IAS, IPS, IFS vacancies. Check upsc.gov.in.
Barbeques Galore Liquidates 62 Stores, 500 Jobs Lost on June 10
Barbeques Galore enters liquidation with 62 stores closing and 500 jobs lost after rescue deal collapsed.