CBS New York

Fear, long absent in financial markets as investors bet on a "soft landing" for the U.S. economy, is back in the air on Wall Street.Stocks tumbled Friday after new government data showed a steep decline in hiring in July, spurring concerns that economic activity is slowing faster than economists expected. Two hours into the session, the blue-chip Dow Jones Industrial Average was down 984 points, or 2.4%, to 39,415. The broader S&P 500 sank 2.5%, while the tech-heavy Nasdaq Composite lost nearly 3%, fueled by disappointing quarterly earnings from bellwethers such as Amazon and Intel. Market analyst Adam Crisafulli of Vital Knowledge...

Dow plunges nearly 1,000 points amid sharp drop in U.S. hiring

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 Motley Fool

These companies became titans by dominating a single industry, but they're now expanding and seeing success in other areas.

These 2 Dow Stocks Are Set to Soar in 2024 and Beyond

The artificial intelligence (AI) boom is well underway, and there may be no company that's benefited from it more than Nvidia (NASDAQ: NVDA). For years, the company's semiconductors have been a top choice among leading tech companies for AI processing, and now, it's paying off for Nvidia's stock. The company's...

Where Will Nvidia Stock Be in 1 Year?

24/7 Wall St.

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

Virginia State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. On July 28, 2024, a TikTok video posted by Erica W., known as @tasteofmelanin on the platform, garnered significant attention after she exposed disturbing racist decorations in an Airbnb rental. The incident occurred in a rental property that Erica had booked, although the exact location remains unspecified. The video has since gone viral, prompting widespread concern and leading to the removal of the listing from Airbnb's platform.

Airbnb Listing Taken Down After Black Woman Finds Hanging Monkeys and Cotton Used As Decor

Business Insider

The Foreign Ministry will be offering three-month visas as early as next month, Russian state media said.

Putin has decided that Russia is going to be a 'safe haven' for people who want to trade liberal Western ways for Russian 'moral values'

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Georgia State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Arizona State

Palm Springs Tribune

In an effort to target traditional Republican voters who are not part of the MAGA movement, the Harris campaign has announced the “Republicans For Harris” movement. The group has secured key endorsements from some high ranking republicans with a notable array of former Trump White House officials, including Stephanie Grisham and Olivia Troye. The group also includes former Secretaries Chuck Hagel and Ray LaHood, as well as former Governors Jim Edgar, Bill Weld, and Christine Todd Whitman. Additionally, it boasts support from former U.S. House members such as Rod Chandler, Tom Coleman, Dave Emery, Wayne Gilchrest, Jim Greenwood, Adam Kinzinger, John LeBoutillier, Susan Molinari, Jack Quinn, Denver Riggleman, Claudine Schneider, Christopher Shays, Peter Smith, Alan Steelman, David Trott, and Joe Walsh. Former GOP State Chair and State Senator Chris Vance is also among the endorsers, along with many others.

Republicans For Harris Group Launches While Trump Insults Key Georgia Republican

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

The tech stock selloff last month spooked many investors. Sector rotation into small-cap stocks and away from former high-fliers seemed ready to gain traction. Tech stocks fell again a few weeks ago on fears of a hard landing for the economy. Since then, however, better data on inflation (down to 2.9%) and consumer strength (sentiment […]
The post 2 Tech Stocks to Buy and 1 To Sell appeared first on 24/7 Wall St..

2 Tech Stocks to Buy and 1 To Sell

The tech-centric index is taking a break from its relentless run, but some stocks in the Nasdaq have much further to climb, according to Wall Street.

2 Nasdaq Stocks to Buy Before They Soar as Much as 226% According to Select Wall Street Analysts

Missouri State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

CJ Coombs

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

A New York Fed survey showed more than a quarter of respondents were looking for jobs in July, the highest reading in a decade. A record-low 88% of those who had a job four months ago said they still worked the same job. The proportion of workers transitioning to new...

More Workers Are Seeking New Jobs as Wage Dissatisfaction Grows

U.S.-listed shares of JD.com tumbled Wednesday as Walmart confirmed that it sold its stake in the Chinese e-commerce giant. The sale allows Walmart "to focus on our strong China operations for Walmart China and Sam's Club, and deploy capital towards other priorities." Bloomberg reported that Walmart raised about $3.6 billion...

JD.com Stock Sinks as Walmart Sells Stake in China E-Commerce Firm

New Jersey State

Newark, NJ

Morristown Minute

NEW JERSEY - Alain Rodrigues, a 49-year-old Middlesex County resident and owner of a construction business in Old Bridge and Newark, New Jersey, has admitted to charges of tax evasion and failure to collect and pay over taxes. U.S. Attorney Philip R. Sellinger announced that Rodrigues entered his guilty plea on August 1, 2024, before U.S. District Judge Esther Salas in Newark federal court.

Construction Business Owner Admits Tax Evasion, Owes $1.35M

Chipotle Mexican Grill shares will likely remain on investors’ radar screens Monday after a week of volatile trading that followed the announcement last Tuesday that CEO Brian Niccol was leaving the company for Starbucks. The price formed a bullish hammer candlestick pattern on the highest volume since April 22,...

Watch These Chipotle Stock Price Levels Following Recent News of CEO Departure

Louisiana State

Natrona County, WY

Houma, LA

WyoFile

A worker died Aug. 5 when the crane he was operating toppled at a wind farm construction site in remote Natrona County, state and local officials say. The victim, John William Hoffpauir, Jr., 55, of Houma, Louisiana, was working as a crane operator at the Cedar Springs wind energy construction site north of Casper and Glenrock under the control of Blattner Energy at the time of the accident. Hoffpauir was a Blattner Energy employee, a spokesperson for the company told WyoFile.

Worker killed in accident on wind energy construction site in Natrona County

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

Camden, NJ

Cornelius, NC

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

NewsBreak

Dow Jones Today: S&P 500, Nasdaq Composite Surge to 8th Consecutive Session of Gains

Stocks kicked off the week on a high note as a broad-based rally sent major indexes to their eighth straight session of gains. The Dow Jones...

Dow Jones Today: S&P 500, Nasdaq Composite Surge to 8th Consecutive Session of Gains

Comments / 0