U.S. stocks dropped dramatically on Monday, fueled by worries of a potential economic downturn. Dow Jones experienced a thousand-point drop, and the Nasdaq 100 declined by 3.4%, while the S&P 500 fell by 2.6%. This trend reflects deepening investor concerns about global economic stability, with key players like Apple and Alphabet experiencing a stock dip.

Dow Jones plunges amid global economic concerns

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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

960 The Ref

NEW YORK — (AP) — U.S. stocks are climbing Thursday after a better-than-expected report on unemployment eased worries about the slowing economy. The S&P 500 was rallying by 1.6% in morning trading, a day after a big early gain evaporated and flipped into a loss. The Dow Jones Industrial Average was up 510 points, or 1.3%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 1.8% higher.

Wall Street rallies, and Dow jumps 500 after an encouraging update on U.S. unemployment

Markets Insider

Investors betting on a second Trump presidency expect an easier regulatory environment and more corporate M&A activity.

Stock market today: Dow closes at a record as market bets on Trump after assassination attempt

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?

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

Missouri State

Saint Louis, MO

CJ Coombs

Big Lots isn't any different from other retail stores that have had a decline in sales. The cost of groceries, alone, is enough to keep customers away who are watching their budgets.

These Big Lots locations will be closing in Missouri

Florida State

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Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

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

Colorado State

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

Kentucky State

Northern Kentucky Tribune

The Kentucky Secretary of State on Friday announced 14,502 Kentuckians registered to vote in July. “Kentuckians are signing up to vote in big numbers, because they trust the integrity of our elections,” said Secretary of State Michael Adams.

Kentucky voter registrations increased by more than 14,500 in July, the most since 2022

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Texas State

Houston, TX

Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. With around 270,000 homes and businesses still without power in the Houston area almost a week after Hurricane Beryl hit Texas, Gov. Greg Abbott on Sunday said he’s demanding an investigation into the response of the utility that serves the area as well as answers about its preparations for upcoming storms.

Texas Gov. Greg Abbott Demands Answers as Customers Remain Without Power After Beryl.

Despite this year's rally in gold and silver, so far the western investor has mostly remained on the sideline. For most of the first half to he year there were outflows from the gold and silver ETFs. And retail details reported consistent selling, especially as the silver price crossed over $30.

Retail Gold, Silver Buying Picks Up After Stock Market Plunge

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

Camden, NJ

Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

When I was about 7 years old, my friend Tommy and I decided we were going to dig a cave. We envisioned a massive cavern we could stand up in. It would be our secret fort. We went as far as digging a pretty deep hole in Tommy’s backyard.

The Trillion Dollar Coin: A Dumb Idea That Some Government People Take Seriously

Denver, CO

No, pallet shelters for people experiencing homelessness don’t fold into caskets. It’s a question a reader posed one of the first times I wrote about pallet shelters. I find the pallet shelters to be more palatable than ice fishing tents. The Colorado Village Collaborative operates both micro-communities and the so-called Safe Outdoor Spaces with the tents. We all learned the tents are not safe when a fire roared through a CVC Safe Outdoor Space, destroying the compound quickly. Officials never disclosed a cause of the fire.

Opinion: No, pallet shelters for homeless in Denver, Aurora don’t fold into caskets

Global stocks experienced a rebound on Tuesday (August 6), following a significant sell-off the previous day that was triggered by fears of a potential U.S. recession. The Nikkei 225 in Tokyo saw a 10% rebound overnight, providing an initial sense of relief after the index's 12.4% drop on Monday, its largest daily sell-off since the 1987 Black Monday crash.

U.S. Stocks Bounce Back Following Global Sell-Off Over Recession Fears

NewsBreak

Gold (XAU) Price Forecast: Will Rate Cut Hopes Drive a Gold Rally to $2500?

LONDON (August 7) Gold prices are slightly better on Wednesday as traders attempt to establish new support at a key pivot of $2380.54. The major support...

Gold (XAU) Price Forecast: Will Rate Cut Hopes Drive a Gold Rally to $2500?

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