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

24/7 Wall St.

The Federal Reserve was unlikely to cut rates next week, but Wall Street anticipates a September reduction. Investors are largely expecting an easing cycle to begin, with more interest rate cuts from the Fed materializing in 2024 and 2025. Stocks recently surged on this anticipation, as investors price in what this will mean for stocks […]
The post Fed Alert: If Rates Come Down, These Are 3 Stocks Are Going to Soar appeared first on 24/7 Wall St..

Fed Alert: If Rates Come Down, These Are 3 Stocks Are Going to Soar

GOBankingRates

Is your dream vacation abroad about to get cheaper? Or is your international investment portfolio in for a wild ride? Buckle up, folks, because some major global currencies might be headed for a...

7 International Currencies Expected To Plummet in Value by the End of 2025

Reuters

LAUNCESTON, Australia (Reuters) -Gold has been the standout commodity performer so far this year, gaining 18.5% and posting a record high. But the precious metal may become a victim of its own success, with consumer buying at risk from the surge in prices.

Gold's run to record high may crimp demand: Russell

With over a year of interest rates continuing to remain above 5%, many investors appear to be taking a more defensive approach to portfolio construction. That’s not to say that capital is increasingly flowing into mega-cap companies that are generally considered to be safer due to their size. In fact, a rotation has been building […]
The post 3 Stocks That Will Pop From a Big Interest Rate Cut appeared first on 24/7 Wall St..

3 Stocks That Will Pop From a Big Interest Rate Cut

Mediaite

Former federal prosecutor and NBC legal analyst Glenn Kirschner said that if Donald Trump loses the 2024 election, he will “spend the rest of his miserable life in court” or in prison. During a conversation on SiriusXM’s The Dean Obeidallah Show, host Dean Obeidallah asked about how and...

Former Federal Prosecutor: If Trump Loses Election He Spends ‘Rest of His Miserable Life’ in Court or Prison

Las Vegas, NV

Zoreen Kabani always assumed she'd go into a traditional professional field. The 37-year-old's family immigrated from Pakistan to California when she was 14 and those were the paths she knew. In Pakistan, the cultural expectation is "you either are in finance or you're an engineer or you're a doctor," she says.

37-year-old went from working in finance to bringing in more than $100K a month selling clothes

Retail pharmacy chains such as Walgreens and CVS have pivoted from years of endless store expansions to shuttering hundreds of locations across the U.S. to shore up profits. Among the biggest problems has been falling reimbursement rates for prescription drugs and several factors pressuring the front of the store, such as inflation and increased competition.

Here's why Walgreens and CVS retail pharmacies are struggling — and what they're doing to fix it

Bennington, VT

Small-town residents are longing for new food options, and Chipotle's successful playbook is leading it and other other fast-casual restaurant chains, including Cava and Panda Express, to eye more stores in rural America. Covid dealt a death blow to independent diners, leaving an opening for national operators in towns where...

From Chipotle to Cava and Panda Express, more big restaurant chains are rapidly expanding into small town America

Todd Gordon, founder of Inside Edge Capital and CNBC contributor, joins 'Power Lunch' to discuss CAVA, the Mediterranean fast-casual restaurant chain, and why he likes the stock.

Why Inside Edge Capital's Todd Gordon favors Cava

Growing up in rural Michigan, Nina Job got familiar with peers and people in her community following a "traditional trajectory." That meant "you go to college, you get married, you have 2.5 kids, you know — happy home, white picket fence type-thing," she tells CNBC Make It. But moving...

'Neither of us feel interested': More Americans don't want kids, and it's not just because of the money

CNBC's Deirdre Bosa reports on Google's first-to-market AI.

Google unrolls AI Overviews in six more countries

CBS News

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  The price of gold has been on a remarkable upward trajectory in recent months, shattering numerous price records and attracting the attention of investors across the globe. The trend started early in the year, with gold hitting its first record price of 2024 on March 8. Then, on April 1, gold's price climbed to another new high, only to be eclipsed again in late May.The precious metal's price ascent didn't end there, either. Gold's price ascent continued, with the...

Gold's price surpasses $2,500 an ounce: 4 moves to make now

Juggling a job, social responsibilities and taking care of yourself and your family can take a toll on your mental health. If you're taking on more than you can handle, your body may warn you that burnout is on the horizon. However, burnout isn't exactly a mental health diagnosis, says...

3 ways your body is letting you know you're experiencing burnout, from a psychologist

TheStreet

Markets end lower as investor seem to think the Fed has waited too long to cut rates. And they sold stocks hard in response.

Stock Market Today: Stocks crushed as markets see Fed rate error

JPMorgan Chase is updating its economic outlook amid increasing market turbulence and growing fears of an impending recession. The bank’s global research division says the US economy is showing signs of a slowdown, pointing to the rising unemployment rate and a weaker-than-expected July jobs report. In light of the...

JPMorgan Chase Raises Probability of Imminent US and Global Recession, Abruptly Shifts Forecast on Fed Rate Cuts

Colorado State

Denver, CO

New York Post

Honeymoon-bound newlyweds and the bride’s mother were killed Thursday when a semi-truck overturned in Colorado, sending its cargo of large plastic tubes across the highway.

The tragedy unfolded shortly before 8:30 a.m. as Ruben Rodriguez and Juliana Rodriguez-Plata drove along Interstate 70 near Denver with their 1-year-old son and Juliana’s parents, according to Wheat Ridge police.

The semi flipped over, spilling 100 plastic tubes — each weighing 500 pounds —  into ongoing traffic on both the eastbound and westbound lanes.



NY Instagram model Maecee Marie Lathers blames party drugs and time travel for crash that killed 2 in Miami

At least six cars...

Honeymoon-bound newlyweds, bride’s mother killed when 500-pound tubes fall off semi-truck in Colorado

Rosie Bailey, co-founder and CEO of Nibble, joins CNBC's Deidre Bosa on 'The Exchange' to discuss the chatbot start up, the rise of AI in online shopping, and more.

Online shopping AI chatbot helps customers find discounts

Teachers play a critical role in society, tasked with molding young people into the adults that shape the future. But teachers don't get paid as much as many other professionals. The median annual salary for high school teachers is $65,220, according to the Bureau of Labor Statistics. That's as compared to $130,160 per year for software developers and $145,760 per year for lawyers.

3 side hustles for teachers—one can pay as much as $100 per hour

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

NewsBreak

Gold set for fresh highs ahead of Fed rate decision — analysts see prices at $3,000 by next year

Gold prices have reached multiple highs this year, with analysts expecting more to come as the next U.S. Federal Reserve meeting draws closer. \"Gold thrives from...

Gold prices have reached multiple highs this year, with analysts expecting more to come as the next U.S. Federal Reserve meeting draws closer. "Gold thrives from...

Gold set for fresh highs ahead of Fed rate decision — analysts see prices at $3,000 by next year

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