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West Marine Closes 59 Stores After Chapter 11 Filing, June 13
West Marine closes 59 stores in Chapter 11 bankruptcy as consumer spending weakens and outdoor retail faces headwinds.
S&P 500 Rises 0.5% as Inflation Spike Threatens Rate Hikes, June 13
S&P 500 rises 0.5% as inflation hits 4.2% and rate hikes loom. Oil volatile on Iran peace talks; tech faces valuation pressure.
India Caps Diesel Sales at 200L, Bars Bulk Buyers From Pumps June 13
India restricts bulk fuel purchases at retail pumps for 90 days, capping diesel sales at 200 litres daily per customer to prevent hoarding.
Carl’s Jr. Franchisee Closes 10 Restaurants, Sells 49 After Bankruptcy, June 13
Carl’s Jr. franchisee files Chapter 11 bankruptcy, plans to close 10 locations and sell 49 others in California amid rising labor costs.
Midland Shooting Kills 1, Injures 10; Suspect Dead After Standoff June 12
One dead, 10 injured in Midland, Texas shooting. Suspect Victor Mata Villarreal found dead after standoff with police.
Mass Shooting in Midland, Texas Kills 1, Injures 10 on June 12
One killed, 10 injured in Midland, Texas shooting. Suspect Victor Mata Villarreal found dead after standoff. Texas Rangers investigating.
Social Security Trust Fund Depletes in 2032, States Grapple With Taxation
Social Security trust fund depletes in 2032. Eight states still tax benefits. Experts debate fixes as funding shortfall looms for future retirees.
US-Iran Peace Deal Nears as Trump Cancels Strikes, Oil Falls Below $90
Trump cancels Iran strikes as peace talks advance. Brent crude falls below $90/barrel on de-escalation hopes amid nuclear program disputes.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…