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Stock market news for June 16, 2026
06/17/2026

Stock market news for June 16, 2026

The Dow Jones Industrial Average rose to a record high on Tuesday, boosted by old economy stocks as oil prices moved lower.

Fed expected to hold rates steady as inflation hits highest since 2023 | Fox Business
06/17/2026

Fed expected to hold rates steady as inflation hits highest since 2023 | Fox Business

The Federal Reserve is expected to hold rates steady as inflation rises to 4.2%, with new Fed Chair Kevin Warsh set to hold his first press conference.

Yum Brands to sell Pizza Hut for $2.7B as company sharpens focus on Taco Bell, KFC growth | Fox Business
06/17/2026

Yum Brands to sell Pizza Hut for $2.7B as company sharpens focus on Taco Bell, KFC growth | Fox Business

Yum Brands agreed to sell Pizza Hut in a $2.7 billion transaction and approved a new $4 billion buyback authorization while prioritizing KFC and Taco Bell

SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race | Reuters
06/16/2026

SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race | Reuters

Elon Musk's SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market.

KFC launches global overhaul with new menu items, restaurant designs and branding refresh | Fox Business
06/16/2026

KFC launches global overhaul with new menu items, restaurant designs and branding refresh | Fox Business

The Yum Brands-owned chain is introducing new menu items, sauces, beverages and restaurant concepts as part of a global strategy to strengthen its position in the chicken market.

SpaceX IPO raised $10bn more than thought
06/16/2026

SpaceX IPO raised $10bn more than thought

The company's listing raised $87.5bn, compared with the $75bn it was initially thought.

Fox Corporation to acquire Roku for $22 billion in cash and stock deal | Fox Business
06/15/2026

Fox Corporation to acquire Roku for $22 billion in cash and stock deal | Fox Business

Lachlan Murdoch calls the $22 billion Roku acquisition a defining moment for FOX, pairing live sports and news with America's top streaming platform.

U.S. stock futures jump on Iran deal to end the war; Japan's Nikkei surges 5%: Live updates
06/15/2026

U.S. stock futures jump on Iran deal to end the war; Japan's Nikkei surges 5%: Live updates

The three major indexes are coming off a winning week.

DOJ clears Paramount Skydance acquisition of Warner Bros. Discovery | Fox Business
06/15/2026

DOJ clears Paramount Skydance acquisition of Warner Bros. Discovery | Fox Business

The DOJ closed its antitrust probe into Paramount Skydance's proposed acquisition of Warner Bros. Discovery, saying the deal could strengthen competition.

Anthropic shuts down Mythos access after sweeping U.S. order - Los Angeles Times
06/14/2026

Anthropic shuts down Mythos access after sweeping U.S. order - Los Angeles Times

Anthropic Shuts Down Mythos Access After Sweeping US Order

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470 Commerce Drive #620
Peachtree City, GA
30269

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