TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

The Independent

Global equities markets began the week with a steep plunge, reacting to the possibility of a coming US recession that Goldman Sachs economists pegged at 25 percent.On Monday morning, the Dow Jones Industrial Average fell 945 points, or nearly 2.5 percent, to ​​38,791.28. In simple terms, if on Friday you had $100 in a fund tracking the Dow, you would now have about $97.50. The two other major indexes, the S&P 500 and the Nasdaq Composite, were down mid-morning by roughly 3 percent and 6 percent, respectively. At the end of the session, the Dow was down 2.6 percent, sliding...

Experts are warning of a global recession. Here’s what that actually means

The Guardian

Cracks in labour market provide Trump with evidence for his message that Biden has been disaster for the economy

Warning signs of US recession may be bad news for Kamala Harris

The New York Times

The economy’s resurgence from the pandemic shock has had a singular driving force: the consumer. Flush with savings and buoyed by a sizzling labor market, Americans have spent exuberantly, on goods such as furniture and electronics and then on services including air travel and restaurant meals.

To Avoid a Recession, Consumer Spending Is Key

The four largest banks in the US now believe the Federal Reserve is about to cut interest rates amid rising recession fears. A Bank of America economist says a September Fed rate cut is a “virtual lock” following last week’s $6.4 trillion global stock market rout, reports Business Times.

JPMorgan Chase, Bank of America, Wells Fargo and Citi Predict Abrupt Fed Rate Cuts Amid Global Market Turbulence: Reports

The US Sun

A DAD-OF-FIVE died after mistakenly pouring washing detergent on a bowl of cornflakes instead of milk, an inquest has heard. Tom McDonald was rushed to St Vincent’s University Hospital (SVUH) in Dublin on March 9, 2023, after his daughter realised he had accidentally poisoned himself. “It was so quick – he was perfectly well and […]

Dad-of-five with dementia died after accidentally pouring washing detergent on his cornflakes instead of milk

The “MisinfoNation” series returns with a new chapter in Donie O’Sullivan’s investigation into the pervasive surge of misinformation targeting American elections. Tune into “The Whole Story with Anderson Cooper” on Sunday, August 11 at 8pm ET/PT.

Listen to what Trump supporter says will happen if he loses in November

HuffPost

Astrologers who interpret planets for a living are seeing surprises in November.

We're Election Astrologers. Here's Who We Predict Will Win The 2024 Race.

On Monday, Serena Williams publicly accused a restaurant in Paris of denying her and her kids access. Serena is currently situated in the French capital for the 2024 Olympics, along with her husband, Alexis Ohanian, and their kids: Alexis Olympia Jr., 6, and Adira River, 11 months. Serena claimed on...

After Serena Williams Claimed That She And Her Kids Were Denied Entry To A Restaurant In Paris, A Staff Member Detailed What Apparently Went Down

Ash Beckham has long been a champion for the LGBTQIA+ community, advocating for living openly and proudly gay. Her speeches resonate with many due to their honesty and powerful messages. At IgniteBoulder, Beckham's speech titled “I am SO GAY” gained widespread attention for tackling the misuse of the term "so...

A little kid asked a lesbian if she were a boy or a girl. Her response was heart-melting.

Parking tickets are the latest vector for scammers to empty out bank accounts from New York to Southern California. Calgary became the latest North American city to address the growing trend of fake tickets on Tuesday. The Canadian city’s parking authority advised drivers to destroy fake tickets that are cropping on windshields and not to attempt to pay those fines.

Bank accounts are being emptied thanks to scammers using fake parking tickets

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

A "record-breaking backlog" of pending actions has led to an estimated $1.1 billion in improper beneficiary payments, according to a new report. Experts say the Social Security Administration needs more funding in its budget to properly address a "customer service crisis." The Social Security Administration faces a "record-breaking backlog" of...

'Record-breaking backlog' leads to $1.1 billion in improper Social Security payments, report finds

A second image of JD Vance allegedly dressed as a woman in a blonde wig has been posted to X, formerly known as Twitter.The post reads simply: “a second photo has hit my inbox.”It appears to show a man in drag wearing the same wig and costume as in an earlier image said to have been snapped by a Yale classmate in 2012.a second photo has hit my inbox https://t.co/JRKIE9JHRD pic.twitter.com/4wIWF28mEU— matt (@mattxiv) August 12, 2024


A spokesperson for Donald Trump’s running mate did not deny that the first photo posted on X was authentic when approached for comment by the...

Second Photo Alleged to Show JD Vance in Drag Posted Online

FinanceBuzz

Did someone say freebies? Home Depot has plenty of options for home maintenance and repair, and savvy shoppers can score some of it for free.

12 Things From Home Depot You Can Get Absolutely Free

Arizona State

 As Vice President Kamala Harris began her remarks at a campaign stop in Arizona, a group of protesters began chanting off to her right. It was unclear to CNN what exactly they said.

Protesters interrupted Harris’ speech again. This time, she addressed them

JPMorgan Chase, Bank of America, Wells Fargo and other unnamed large banks are reportedly facing a federal investigation over scams and fraud on the billion-dollar instant payments platform Zelle. The Consumer Financial Protection Bureau (CFPB) is probing how the banks handle disputed transactions on the network, reports the Wall Street...

JPMorgan Chase, Bank of America and Wells Fargo Under Federal Investigation Over Hundreds of Millions of Dollars in Scams and Fraud on Instant Payments Platform Zelle

New Jersey State

Life can take surprising turns, and for Tayeb Souami, a simple errand led to an extraordinary outcome. What started as a trip to return a carton of orange juice ended with him winning a staggering $315 million in the lottery. At the time of his win in 2018, Souami was a married father of two from New Jersey, according to Indy100.

Dad in financial distress takes back fruit juice to the store and returns with $315 million

Hendersonville, NC

A FURIOUS Walmart shopper has hit out at the retailer, claiming their checkout process is disorganized and inefficient. The chain's reliance on self-checkout in several stores across the US has been a source of controversy for many. Shoppers have flooded to social media to complain about understaffed stores and long...

‘Just walked out’ fumes Walmart shopper who left cart with $130 of groceries after store had 19 unmanned registers

NewsBreak

59% of Americans wrongly think the U.S. is in a recession, report finds

Citing higher costs and difficulty making ends meet, 3 in 5 Americans falsely believe that the U.S. is currently in a recession, according to a recent...

59% of Americans wrongly think the U.S. is in a recession, report finds

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