Columbus, OH

WASHINGTON (Reuters) - U.S. small-business confidence jumped to the highest level in nearly 2-1/2 years in July, another indication that financial market fears of a recession following last month's increase in the unemployment rate were likely overblown. The National Federation of Independent Business (NFIB) said on Tuesday its Small Business...

US Small Business Sentiment Near 2-1/2-Year High

The Center Square

(The Center Square) – Newly released survey data shows that small businesses are still feeling the pain of inflation.
                The National Federation of Independent Businesses released new survey data Monday showing that a quarter of small business owners cite inflation as the number one problem in operating their business, more than any other issue.
                While small businesses have consistently cited inflation as a top concern, the percentage who did so...

Small businesses still cite inflation as top concern

Vice President Kamala Harris is out-polling Donald Trump on the economy. Two key inflation reports are due out this week. After a roller coaster week for the markets, focus will change this week to a couple of important reports on the state of inflation as Vice President Kamala Harris takes a small edge over former President Donald Trump in the 2024 presidential contest.

Harris Pulls Ahead of Trump on Economy as Markets Prepare for New Inflation Data

Producer prices are now rising at a 2.2% annual pace after July’s 0.1% increase. Inflation continues to fall closer to the 2% target set by the Federal Reserve. Prices paid by businesses to their suppliers rose 0.1% in July – less than expected and continuing the downward trend in inflation that will allow the Federal Reserve to begin cutting interest rates later this year.

Wholesale Inflation Rises Less Than Forecast

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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

GOBankingRates

Housing prices have been increasing for the past decade, with median home values soaring to record highs in 2021. While the market has cooled slightly, high mortgage rates and low inventory have kept...

Will Home Prices Crash in 2026?

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

FXDailyReport.com

The USD/CAD pair faces pressure around 1.3730 during Tuesday’s New York session, with the potential to decline towards the key support level of 1.3700. This weakness comes in response to the soft Producer Price Index (PPI) report for July, released by the US Bureau of Labor Statistics (BLS), which has put the US Dollar (USD) under strain.

USD/CAD Vulnerable Near 1.3730 Amid Soft US PPI and Rising Oil Prices

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

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

Cathie Wood's Ark Investment Management issued a new forecast for Tesla stock last month. Wood thinks Tesla is the biggest artificial intelligence (AI) opportunity in the world, thanks to its full self-driving technology. Wood thinks Tesla stock will soar to $2,600 by 2029, but I think investors should pump the...

1 Unstoppable Stock That Could Soar 1,110% by 2029, According to Cathie Wood

Shares in the chain soared after the appointment of a new chief executive to try to boost sales.

Starbucks replaces boss after sales slump

Business Times

Oil prices continued their upward trajectory on Monday, marking the fifth consecutive session of gains as the market reacted to easing U.S. recession fears and escalating geopolitical tensions in the Middle East. The ongoing conflict, particularly the brewing tension between Iran and Israel, has become a significant driver of market sentiment, with traders closely monitoring potential repercussions.

Oil Prices Surge Amid Mideast Tensions and Positive U.S. Economic Data

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

Major indexes were sharply higher Tuesday afternoon as inflation data came in better than expected, reinforcing expectations that the Federal Reserve will start cutting interest rates soon. Tech stocks, which have been on a volatile ride lately, were leading the move higher. The S&P 500 and Nasdaq Composite were up...

Dow Jones Today: Major Indexes Up Sharply After Inflation Data; Tech Stocks Jump

Minnesota State

Tim Walz is the 41st governor of Minnesota and was named Kamala Harris's vice presidential running mate on Aug. 6. Walz has a net worth of under $1 million, according to financial disclosures filed in 2019 when he was a member of Congress. Walz's disclosures show he does not own...

What Is Tim Walz's Net Worth?

Hawaiian Electric Industries said it might not be able to continue as a going concern because of payments needed to cover a legal settlement from the 2023 Maui wildfires. The company and its Hawaiian Electric unit don't have a plan in place to cover the $1.71 billion litigation costs. The...

Hawaiian Electric Warns About Future Viability Because of Maui Fire Costs

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

Jacksonville, FL

A Black woman may be leading the presidential ticket of a major political party for the first time, but for Jacksonville’s Black conservatives, political values trump a candidate’s personal identity.

Republicans look to shore up support among Black conservatives in Jacksonville

NEW YORK (Reuters) — Panic appears to have faded following last week's outbreak of volatility in U.S. stocks, but if history is any guide, markets might remain jittery for months. Wall Street's most closely watched gauge of investor anxiety, the Cboe Volatility Index, has rapidly eased after closing at...

Fear fades in US stocks, but history shows quick return to calm unlikely

NewsBreak

Why Last Month's Surge in Small-Business Optimism Could Be Short-Lived

Small-business owners got more optimistic in July than any time in more than two years according to a new survey. The survey reflected pessimism among business...

Why Last Month's Surge in Small-Business Optimism Could Be Short-Lived

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