Columbus, OH

Reuters

NEW YORK (Reuters) - Global hedge funds in June sold U.S. shares of technology, media and telecommunications (TMT) companies at the fastest pace since 2016, mainly driven by semiconductor stocks, Goldman Sachs said in note.

Hedge funds dump tech stocks at fastest pace since 2016, bank shows

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Nasdaq record. Wall Street kicked off the second half of the...

CNBC Daily Open: 'Roaring Kitty' gets chewed up, Nasdaq hits record

Luis de Guindos, vice-president of the European Central Bank, discusses the outlook for euro zone inflation and why there is no predetermined path for monetary policy.

Coming months won't be easy for euro zone inflation, ECB's Luis de Guindos says

The Japanese yen has dropped below the 161 line on Monday. The yen is trading at 161.39 early in the North American session, down 0.35% on the day. Japan revised its first-quarter GDP report to -2.9%, y/y, sharply lower than the initial reading of -1.8%. On a quarterly basis, GDP was revised lower to -4.0%, compared to -3.7% in the fourth quarter. The downward revision was due to corrections in construction orders. The rare unscheduled revision will dampen hopes for a rate hike at the BoJ’s July meeting and points to a bumpy economic recovery.

USD/JPY rises up after GDP downgrade

The Independent

 Inflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level favored by the European Central Bank, which is in no hurry to add more rate cuts after a first tentative reduction in its benchmark rate.The figure released Tuesday was down from 2.6% in May, welcome news as inflation continues to fall from its peak of 10.6% that robbed consumers of spending power and mired the European economy in months of near-zero growth. But key indicators Tuesday remained at levels that suggest inflation may remain stuck between 2% and 3% for a while...

Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

Claudia Chee, 32, has a love for all things Costco. She's furnishing her new apartment with items from the store. She created the Instagram account @CostcoClaudia, where she models clothing and shares her experiences. She earns about $7,000 a month as an influencer, as well as around $5,000 a month from her job as a piano teacher.

I bought all my furniture at Costco for $5,000: Take a look inside

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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

Fremont, CA

At 32, after 12 years of living rent-free with my parents in the San Francisco Bay area, I was ready to move into my own place. I had saved $400,000 and had the flexibility to make the leap, but whether it was uncertain streams of income, wanderlust and mostly, the financial benefits of staying put, something had been holding me back. Until November 2023, when I visited a friend at their Fremont, California, apartment complex.

33-year-old pays $2,146/month for 556-square-foot studio in California furnished 'almost entirely with Costco': Take a look inside

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?

Only one S&P 500 stock is beating Nvidia so far this year. This stock's success is in part due to Nvidia's success. Continued growth in the demand for AI solutions could keep this stock's momentum going. There are at least a couple of reasons behind this big winner's super performance...

Meet the 1 S&P 500 Stock That's Outperforming Nvidia So Far in 2024

Missouri State

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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

USDA loans allow eligible homebuyers to get zero-down-payment mortgages in rural areas. Because they're backed by the U.S. Department of Agriculture, these loans have lower rates and more flexible credit requirements than conventional mortgages. They also don't require private mortgage insurance, which can add more than 2% to your loan annually.

What is a USDA loan and am I eligible?

Rohit Kulkarni, Roth MKM Managing Director, joins 'Closing Bell Overtime' to talk Amazon's tech offerings, AWS' AI undertakings and more.

Both Amazon's tech and retail pillars 'are starting to fire', says Roth MKM's Rohit Kulkarni

Atlanta, GA

Richmond, VA

This story is part of CNBC Make It's Six-Figure Side Hustle series, where people with lucrative side hustles break down the routines and habits they've used to make money on top of their full-time jobs. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. Teyoshe Smith's previous...

43-year-old started a 'kitchen island' side hustle on Facebook Marketplace—now it brings in $379,000 a year

New York City, NY

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The e-Texan

New York – As Trump anticipates his sentencing on July 11th in the New York hush money case, Florida Judge Aileen Cannon made a ruling this Monday. Despite rejecting Trump’s legal team's request to dismiss several charges in the classified documents case, she conceded on a minor point. She removed a portion of the charges that referenced an uncharged allegation, but upheld the other charges.

Legal expert says Trump should not be jailed after New York guilty verdict because he is ‘too old’

U.S. Treasury yields were lower on Tuesday as investors looked ahead to labor market data and monitored comments from Federal Reserve Chair Jerome Powell. The yield on the benchmark 10-year Treasury note fell 2 basis points to 4.454% at around 6:39 a.m. ET, while the yield on the 2-year Treasury note fell 1 basis point to trade at 4.754%.

Treasury yields dip as investors monitor economic data, Fed Chair Powell's remarks

Götene, about 200 miles from Stockholm, is selling plots of land starting at 1 krona per square meter or nine US cents per 10 square feet. Buyers must build a home on the land with plans to either live there permanently or use it as a vacation property, according to CNN.

This scenic town in Sweden is selling cheap land to get people to move there: 'We can bring you a high quality of life,' mayor says

Like many families throughout the U.S., Amanda, 28, and Carlos, 36, are wrestling with the cost of child care. Currently, they both work full-time jobs, but Amanda would like to stop working for a few years to spend time at home raising their daughters before they go to school. Carlos is supportive, but thinks her income is imperative to their overall financial picture.

28-year-old mom's teacher salary largely goes toward child care—the real costs of quitting to stay home with your kids

Oil prices have surged over the last three weeks as geopolitical tensions climbed, although concerning economic data in the U.S. could drag prices back down. All eyes are fixed on US inflation data as crude oil prices have maintained their hot streak and are set to end this week with a third weekly gain. Surging geopolitical tensions around Israel and Lebanon have overshadowed slackening economic data from the US in May, with every single day this week posting a day-on-day increase and Brent set to finish the week at $87 per barrel.

Markets Await Inflation Data as Oil Prices Continue to Rally

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!

NewsBreak

European markets lower as euro zone core inflation holds steady

The regional Stoxx 600 resumed last week's decline in morning deals. The index was trading 0.57% lower at 11 a.m. in London. Headline inflation in the...

European markets lower as euro zone core inflation holds steady

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