The Power Brief
A daily morning look at the financial stories you need to know to start the day
STOCKS/ECONOMY
-Stock futures are flat as we're seeing investors stay on the sidelines ahead of the too-close-to-call Brexit vote. Fed chair Janet Yellen has her second day of Congressional testimony today.
-Gold prices have hit a 2-week low at $1,267/ounce.
OIL/ENERGY
-Crude prices are back up to the $50/barrel level on lower supplies in the US.
-Gasoline prices held at $2.32/gallon, national average.
ELECTION
-Donald Trump will deliver a speech in New York this morning about Hillary Clinton's financial dealings. Last night, he said the money she has raised is "blood money."
-A new poll says voters trust Trump over Mrs. Clinton on the economy by a 51% to 43% margin.
-Trump also says Hillary Clinton funneled State Dept. money to a controversial for-profit college that was employing Bill Clinton at the time.
DEALS/NO DEALS
-Elon Musk is looking to combine his two main companies, Tesla and SolarCity.
-McDonalds is considering selling its locations in China and Hong Kong for $3 billion.
TERROR/DEFENSE
-North Korea conducted two missile tests today, with the second launch more successful than the first.
-Defense contractors worry that if the UK leaves the EU, defense spending will be cut across the entire continent.
-The Air Force's B-21 Bomber program is mostly classified, but bomber-maker Northrop Grumman did announce yesterday that it's hiring at its bomber plant in Melbourne, FL.