Stocks gave up early gains to close in the red Friday despite the Federal Reserve’s preferred inflation measure showing price pressures eased in May. The Nasdaq Composite slid 0.7% to finish the week 0.2% higher. The S&P 500 fell 0.4% Friday to end 0.1% lower for the week. The Dow Jones Industrial Average slipped 0.1% to finish the week little changed. The Dow was the only index to lose ground in the second quarter. It fell about 2% while the S&P 500 and Nasdaq rose 4% and 8%, respectively.

Markets News, June 28, 2024: S&P 500, Nasdaq Retreat From Records; Indexes Notch Positive H1

Levi Strauss narrowly missed second-quarter sales forecasts as its Dockers brand underperformed. Levi Strauss affirmed its full-year revenue and adjusted earnings per share (EPS) outlook, but Goldman Sachs analysts were disappointed the company didn't raise its guidance. Shares had risen roughly 40% in 2024 through Wednesday's close but sank 17%...

Levi Strauss Stock Slumps After Slight Revenue Miss

The S&P 500 edged 0.1% higher on Thursday, June 27, 2024, ahead of key inflation data set for release on Friday. Shares of server and data storage provider Super Micro Computer moved higher as the company aims to sustain its strong growth trajectory. Walgreens Boots Alliance shares tumbled after the...

S&P 500 Gains and Losses Today: Walgreens Stock Ailing After Earnings Miss

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Massachusetts State

Uber and Lyft have backed ballot measures across the country that improve driver pay but also enshrine their drivers as non-employees. The companies agreed to a deal Thursday that will pay drivers in Massachusetts a new minimum wage and provide benefits. The drivers will remain independent contractors. The pay guarantee...

Uber and Lyft Agree to Raise Driver Pay in Massachusetts

Veterans Administration loans are excellent tools for current and former military members to realize their homeownership dreams. Most VA loans are offered as a partnership between private lenders and the U.S. Department of Veterans Affairs, so they work a little differently than other mortgages—starting from when you first apply.

How to Apply for a VA Loan

Gloucester County, NJ

Franklinville, NJ

Morristown Minute

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

Consumers have pulled back on many areas of discretionary spending, but steakhouse chains have managed to keep thriving. LongHorn and Texas Roadhouse reported comparable sales growth in their most recent quarters, while a number of other restaurants have reported lower sales. Other industries, like fast food and retail, have reported...

Why Business Is Booming for Steakhouses Like LongHorn and Texas Roadhouse

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Chicago Happenings

What is more summery than an icy, sweet frozen drink? If the heat wave is getting to you, try whipping up this simple frozen strawberry lemonade. All you need is your choice of lemonade and some frozen strawberries. You can use store-bought lemonade, make your own from scratch, or a powdered version. As for strawberries, frozen ones are the easiest choice. If you'd rather use fresh, add at least two cups of ice until you reach a nice, frozen consistency.

2-Ingredient Frozen Strawberry Lemonade: Beat the Heat!

New Jersey State

Pennsylvania State

NEW JERSEY – Attorney General Matthew J. Platkin, along with the Division on Civil Rights (DCR), has co-led a multistate comment letter supporting the U.S. Department of Housing and Urban Development’s (HUD) proposed rule aimed at reducing criminal history-based barriers to public housing. This initiative is a collaborative effort with the Attorneys General of Maryland, Massachusetts, and Pennsylvania to improve access to safe and affordable housing.

HUD Rule Fights Housing Barriers for Ex-Offenders

Clark County, WA

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Timothy A Gruver

Dentist Ellis B. Jardine of Clark County has been suspended for allegedly practicing outside the scope of his licenses and subpar care, the Washington State Department of Health reported on Friday.

Dentist Suspended for Subpar Care & Unlicensed Practices

Home prices have been at a record high, pushing homebuying out of reach for many and slowing down the real estate market. However, a record-low number of contracts signed indicates homebuyers are unwilling to pay high prices. Sellers are responding by taking listings off the market or compromising on how...

Homebuyers Are Fed Up With High Prices

California State

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Colorado State

Denver, CO

David Heitz

The Finance and Governance Committee of the Denver City Council voted Tuesday to ask voters whether the U.S. citizenship requirement for police and firefighters should be dropped.

Committee OKs removing citizenship requirement for police, firefighters in Denver

Essex County, NJ

Omar Khater, 33, orchestrated a scheme to steal identities and file false tax returns. Fairfield, NJ – Omar Khater, a tax preparer from Essex County, was sentenced to 57 months in prison for his role in a conspiracy to defraud the IRS of over $4.4 million. U.S. Attorney Philip R. Sellinger announced the sentencing today.

Essex County Tax Preparer Sentenced: $4.4M IRS Fraud

Missouri State

CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

The third and final estimate of U.S. Gross Domestic Product (GDP) showed economic growth was a tick higher in Q1 than previously thought, but still considerably slower than the prior quarter. One thing dragging on GDP is slowed consumer spending, and this revision showed those levels are even lower than...

Why You Should Care About A Revision To the Country's Economic Growth Measure

Aurora, CO

The Aurora City Council will hold a public hearing Monday on whether to allow cannabis dispensaries to stay open until midnight. State law allows marijuana dispensaries to stay open until midnight, but some jurisdictions such as Aurora shortened hours to 10 p.m. Council member Curtis Gardner has brought forth the ordinance to lengthen the hours.

Aurora considers midnight dispensary hours

The average 30-year mortgage rate is now 6.97%, nearing the 7% threshold. Rates have been moving in the upper-6% territory this entire month, but have crept upward the last few days. Many other mortgage types also saw moderate increases this week. National Averages of Lenders' Best Mortgage Rates. Loan Type...

Mortgage Rates Edge Up, Approaching 7%

Illumina said it would take a $1.47 billion goodwill impairment charge related to its spinoff of cancer testing company GRAIL. Illumina also said it would take a $420 million charge for GRAIL's in-process R&D. Illumina's purchase of GRAIL prior to regulatory approval had been steeped in controversy for years. The...

Illumina Takes a $1.47 Billion Charge Related to Its GRAIL Spinoff

NewsBreak

Top Stock Movers Now: FedEx, Rivian, General Mills, and More

The Nasdaq gained, while the Dow and S&P 500 were little changed at midday Wednesday, June 26, 2024 ahead of a key report on inflation due...

Top Stock Movers Now: FedEx, Rivian, General Mills, and More

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