Columbus, OH

Charles Van der Steene, president of Maersk North America, joins CNBC's Lori Ann LaRocco to discuss growth in Asian ocean freight orders, the U.S. consumer and economy, and the threat of a longshoreman strike at East Coast and Gulf ports in the Fall.

Maersk North America president on the strength of U.S. consumer and shipping outlook

CBS News

The global stock markets sell-off that transpired Monday follows some key economic data reports that may have spooked some investors. CBS News senior business and technology correspondent Jo Ling Kent breaks down the other market flags about the U.S. economy to consider as a rebound appears to be developing.

Stock market sell-off occurred after these key U.S. economy flags

Khoon Goh from ANZ says while there may be carry trade unwind in Chinese Yuan, the currency isn't expected to strengthen suddenly or too much because it's under firm control by the government and China is still on an easing path given weak domestic consumption.

The Chinese Yuan may be the next carry trade to unwind: ANZ

The Independent

Shares were mostly higher Wednesday in Asia, with Japan’s benchmark Nikkei 225 index falling shortly after the open and then bouncing as it climbed higher. The Nikkei index was up 2.3% by midmorning, at 35,464.61.It had soared more than 10% on Tuesday, recovering much of the losses it suffered from its worst day since 1987.The gains followed remarks by a Bank of Japan official who noted that even though the central bank had raised interest rates a week earlier, to 0.25% from 0.1%, monetary policy remains lax. The interest rate hike, however modest, set in motion a domino effect of...

Japan's share benchmark resumes swings after calm day on Wall Street

Sen. Elizabeth Warren sent a letter to Tesla Chairperson Robyn Denholm on Thursday concerning CEO Elon Musk and possible breaches of his fiduciary duty to the company. Warren wants to know whether the board has ever bothered to investigate Musk's use of Tesla resources to benefit his other companies, including SpaceX and xAI.

Tesla's board faces questions from Elizabeth Warren about Musk's corporate 'entanglements'

South Carolina State

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Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Warren, MI

Stellantis will indefinitely lay off up to 2,450 U.S. plant workers in Warren, Michigan, later this year as it discontinues production of an older version of its Ram 1500 pickup. The company has not announced a vehicle to replace the truck. The layoffs are expected to start as soon as...

Stellantis laying off 2,450 plant workers due to discontinuation of Ram 'Classic' pickup truck

A dozen time-tested businesses have announced and/or completed a stock split since 2024 began. Two ultra-popular stock-split stocks with nosebleed valuations are rife with red flags and worth avoiding. Meanwhile, a legal monopoly with a historically inexpensive valuation is begging to be bought by opportunistic investors. Among Walmart, Nvidia, Amphenol,...

1 Phenomenal Stock-Split Stock to Buy Hand Over Fist in August, and 2 to Absolutely Avoid

Chris Pyle spends the entirety of his workdays wearing a white tank top and boxer shorts, sitting in a recliner. It's an unusual setting for a mechanic, but a profitable one. Pyle started answering strangers' questions about their gas and diesel engines on JustAnswer as a side hustle in October 2006.

45-year-old mechanic quit his full-time job for his side hustle—now he makes $14,200 a month: My paycheck is 'very consistent’

The Motley Fool

Decades of experience and novel solutions will likely drive this AI specialist even higher.

1 Unstoppable Stock That Could Join Apple, Microsoft, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

Florida State

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Jacksonville Today

Gov. Ron DeSantis has issued a state of emergency in Northeast Florida and across much of the state as a tropical system appears almost certain to develop. The National Hurricane Center said Friday morning that a tropical wave has a 90% chance of developing into at least a tropical depression over the next seven days. Most models show it moving into the Gulf of Mexico and then coming ashore and crossing the state, possibly moving over Northeast Florida.

Tropical system is nearly certain to develop

Reuters

BEIJING (Reuters) - The non-performing loan ratio of commercial banks in China was 1.56% at the end of June, down 0.03 percentage points from the end of the previous quarter, the National Financial Regulatory Administration said on Friday.

Chinese commercial banks' non-performing loan ratio at 1.56% at end-June

Japan is offloading billions of dollars in US Treasuries as it fights to prop up its currency. New numbers from the US Treasury Department show Japan sold $22 billion in Treasury securities in May, reducing its holdings to $1.1283 trillion. The move marks the second month in a row that...

Japan Dumps $22,000,000,000 in US Treasuries in One Month As Government Mounts Billion-Dollar Battle To Prop Up Currency

JPMorgan Chase has rolled out a generative AI assistant to tens of thousands of its employees, the initial phase of a broader plan to inject the technology throughout the bank. The program, called LLM Suite, is already helping more than 60,000 employees with tasks like writing emails and reports. The...

JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

NEW YORK (Reuters) - Sharpie pen maker Newell Brands is moving some production of kitchen appliances out of China and has relocated manufacturing for its writing business to Tennessee as it faces "uncertainty" on tariffs ahead of the U.S. presidential election, Newell CEO Chris Peterson said in an interview with Reuters.

Sharpie-maker Newell moves more operations from China as tariffs loom

Lo Toney, Plexo Capital founding managing partner, joins 'Closing Bell' to discuss if it's time to buy the tech dip.

Plexo's Lo Toney maps the road ahead for the tech trade

Wall Street’s post-earnings enthusiasm for Warner Music Group stock (NASDAQ: WMG) was short lived, as shares have fallen back to their starting point. Meanwhile, Universal Music Group stock (Euronext: UMG) has regained a bit of ground but remains well beneath its 2024 high. At the time of writing, Warner...

Wall Street Is Mostly ‘Blah’ on Warner Music Post-Earnings After a Short-Lived Bounce

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Massachusetts State

Dianna Carney

Sandy Paws Rescue Inc., recently introduced Egypt, a remarkable 4 to 5-year-old, 50-pound dog who is filled with love and is searching for her forever family! With a glowing description, Sandy Paws Rescue Inc., a foster-based rescue in Massachusetts, explains, "Egypt is a very happy, affectionate and loving girl once she warms up to the people she loves."

Japanese yen: A range of 130-135 is something 'people can deal with,' says Higa Industries

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