Markets Insider

The economy is flashing fresh warning signs a recession is on its way, according to Societe Generale. The French bank pointed to three worrying data points that have raised red flags in the past week. The firm is sticking to its recession call despite growing optimism over a soft-landing. The...

3 signs the US economy is nearing a recession have flashed in the last week, SocGen says

Reuters

NEW YORK (Reuters) - U.S. stock futures and the dollar rose in early Asian trading on Friday as 2024 presidential election candidates Joe Biden and his predecessor Donald Trump sparred in their first debate, with Trump viewed as putting in a stronger showing than his opponent.

US stock futures, dollar rise after Biden-Trump debate

The S&P 500 could crash 48% when the bubble in stocks pops and a recession hits, Paul Dietrich said. The elite strategist pointed to a massively overvalued market and cracks in the economy. Dietrich predicted inflation and interest rates would remain elevated, and taxes would rise. The S&P 500 could...

The S&P 500 could crater 48% when the stock-market bubble pops and recession finally hits, elite strategist says

US stocks slumped on Wednesday, with major averages down as bond yields rose as Nvidia shares wavered and investors eyed fresh economic data. Nvidia shares slid as much as 1.2% in early-morning trading before paring losses, trading about 0.25% higher shortly after the opening bell. The chipmaker lost over $400...

Stock market news: US stocks slide and bond yields rise as traders eye new economic data

U.S. Treasury yields were higher on Wednesday as investors considered the latest comments from Federal Reserve officials about monetary policy and awaited key economic data. Yields and prices move in opposite directions. One basis point is equivalent to 0.01%. Treasurys. Investors digested remarks from Federal Reserve officials about the U.S....

Treasury yields climb as investors weigh comments from Fed speakers

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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

Americans continue to embrace side hustles as a way of earning some extra cash. More than half, 54% say they've adopted one in the last 12 months, according to a February 2024 MarketWatch Guides survey of 2,000 Americans. If you are interested in building an extra income stream, there are...

3 easy online side hustles you can pick up any time: Some can pay as much as $200 per hour

CNBC’s Kate Rooney joins 'Power Lunch' to discuss the AI race and rally so far in 2024.

Winners and losers of the AI rally

Beryl strengthened into a hurricane Saturday as it churned toward the southeastern Caribbean, with forecasters warning it was expected to become a dangerous major storm before reaching Barbados late Sunday or early Monday. A major hurricane is considered Category 3 or higher, with winds of at least 111 mph (178...

Beryl strengthens into a hurricane in the Atlantic, forecast to become a major storm

Buffalo Bills rookie wide receiver Keon Coleman recently inked a four-year, nearly $10 million contract — but he's still a savvy shopper. At an April press conference, the second round draft pick revealed that he didn't buy his coat at a designer retailer, but instead on sale at Macy's. Coleman paid $79.89 for his yellow Guess puffer coat, a purchase he said was "a nice little deal."

Buffalo Bills rookie Keon Coleman has a nearly $10 million contract, but still shops sales at Macy's—here's why

After she got divorced in 2021, Sora Lee bought a brand new Tesla Model 3 for just over $70,000. But she now wishes she had spent the money differently. "I just really wanted a Tesla because it's something my ex wouldn't let me [have], and I regret buying that full price," the 34-year-old tells CNBC Make It. "Huge mistake."

34-year-old earning $400,000 a year: I regret buying a brand-new Tesla—it was a 'huge mistake'

TheStreet

This is what could happen next to Nvidia shares.

Analysts reboot Nvidia stock forecasts after shares dip

CNBC brings you fast, accurate, and actionable business news and market updates.

News Update – Late Morning

New York City, NY

The New York borough of Manhattan is the most expensive place to live in the U.S. — and the cost of living in the No. 2 place isn't even close. The cost of living in Manhattan is more than twice the national average. The second- and third-most expensive places are Honolulu and San Jose, California, but in comparison, they are much more affordable. Manhattan is 24% more expensive than Honolulu and 30% more expensive than San Jose.

The 10 U.S. places with the highest cost of living—No. 1 costs more than double the national average

HSBC cuts rates following similar moves by Barclays and NatWest.

Three big lenders cut mortgage rates

Getting your colleagues and bosses to listen to your ideas at work doesn't have to be hard — if you know what to say. You can gain influence at work by incorporating a handful of specific words into your vocabulary, according to a variety of experts and research. Such persuasive skills can help your projects gain support or even get you a promotion, according to Stanford University lecturer and communication expert Matt Abrahams.

These 4 words can make you more influential at work, experts say: 'It suggests you're more confident'

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.

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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!

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

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?

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

NewsBreak

European markets close lower amid inflation worries; H&M down 13%

LONDON — European stocks closed lower Thursday as investors faced global inflation worries. H&M plunged 13% after it reported a smaller-than-expected rise in second-quarter profits and...

European markets close lower amid inflation worries; H&M down 13%

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