Emerging economies have been pivotal in shaping global agricultural market trends over the past 20 years and are anticipated to continue this influence in the coming decade, according to a recent report by the Food and Agriculture Organisation of the United Nations (FAO) and the Organisation for Economic Cooperation and Development (OECD).

Emerging Economies to Shape Global Agricultural Markets in the Next Decade

Michelle Chen, co-head of Asia consumer research and managing director at Goldman Sachs, outlines a few surprises, such as consumer discretionary categories outperforming consumer staples.

China's second quarter is 'turning softer': Goldman Sachs

New York Post

There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research.

In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. 

Should that happen, the S&P 500 could tumble to 3,750, which marks a 30% drop from current levels.

Stock market could drop 5% or more before end of 2024: Wall Street analyst warns

Berezin’s prediction hinges on the belief that the labor market will slow notably in coming months, which will weigh heavily on consumer spending...

US headed for a deep recession in near future as stocks could fall 30%, analyst warns

The Independent

 Japan’s benchmark Nikkei 225 surged Thursday to a record close of 40,913.65, leading markets in most of Asia higher. Shares fell in Chinese markets, while U.S. futures edged higher. Investors worldwide are keen to see the Federal Reserve cut rates that it has been keeping at two-decade highs to slow growth and tame inflation, and hopes have been reviving that price pressures are easing enough to make that possible. The Nikkei 225 gained 0.8% to 40,913.65, with buying of automakers' shares and other export oriented stocks pushing the benchmark to an all-time high. Toyota Motor Corp.'s shares jumped 2%...

Stock market today: Japan's Nikkei 225 hits new record close, leading Asian shares higher

U.S. nonfarm payrolls grew by 206,000 in June, but the growth was narrow. Health care and social assistance added 82,400 positions, while government grew by 70,000 jobs. Several categories saw employment shrink, including manufacturing and professional and business services. The breakdown of the June jobs report suggests that growth has...

Here's where the jobs are for June — in one chart

Following double-digit gains in the first half of the year, the S&P 500 has almost always continued moving higher in the second half. The S&P 500 soared 14.5% during the first half of 2024, and history says the index could climb another 10% during the remaining months of the year.

This Stock Market Indicator Has Been 86% Accurate Since 1984, and It Signals a Big Move in the Second Half of 2024

CIT Bank offers a variety of deposit accounts, but the main attraction is the Platinum Savings account thanks to its high APY (it also earned a spot on our best savings accounts list). And while you need to maintain a 4-figure balance in that account to earn its highest APY, CIT Bank has plenty of other options that make it worth a look for any savvy saver.

CIT Bank Review 2024

Strong leadership requires decisive action, says CVS Health CEO Karen Lynch. But people at all levels of the career ladder often struggle to make decisions and get stuck in an "analysis-paralysis" mindset, Lynch recently told LinkedIn's "This is Working" podcast and video series. "People are going to follow people that...

CEO of CVS shares the 1 question she always asks her employees—it forces them to make great decisions

Nestlé's CEO, Mark Schneider, tells CNBC's Silvia Amaro that the group's new line of meals intended for those on GLP-1 medication is a companion range, insisting Nestlé is "not the drug manufacturer."

Nestlé reveals new food line for those on weight-loss medication

The Philippines' dependency on coal-fired power surged 62% last year, overtaking China, Indonesia and Poland, according to London-based energy think-tank Ember. Last year, the share of electricity generated from coal in the Philippines climbed to 61.9% from 59.1% in 2022, making it the most coal dependent country in Southeast Asia.

Philippines overtakes China and Indonesia to be most dependent on coal-generated power

Abigail Disney, an heiress to the Disney family fortune, plans to withhold donations to Democrats until Joe Biden drops out. Biden has said he has no plans to withdraw from the race. Gideon Stein said he's decided to pause planned donations of $3.5 million. President Joe Biden is facing an...

Disney heiress, wealthy Democratic donors say they won't finance the party until Joe Biden drops out

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

CNBC's Eunice Yoon shared the hidden challenges awaiting international travelers to China - including tickets to travel hotspots, taxis, and paying with cash.

Hidden challenges for tourists in China

The Motley Fool

Long-term buy-and-hold investing is the best way to succeed in the stock market.

Want to Get Richer? The 2 Best Stocks to Buy Now and Hold Forever.

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J. Souza

A fight between passengers marred the final night of a Carnival Cruise Line sailing on June 6th. The incident, which unfolded in the Lido Deck dining room onboard the Carnival Paradise, involved a group of women and resulted in thrown chairs and plates.

Cruise Ship Fight Near Buffet Captured on Camera, Passengers Banned for Life

Markets Insider

"The bar for being short equities right now is very high given these upcoming flow and random market dynamics," Goldman Sachs' Scott Rubner said.

Stocks are about to hit a 'wall of money' that will drive the market to record highs in July, Goldman Sachs says

Illinois State

Chicago, IL

Chicago Happenings

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

Three time-tested businesses with well-defined competitive advantages are expected to deliver in a big way for their shareholders.

3 Stock-Split Stocks That Can Skyrocket Up to 130%, According to Select Wall Street Analysts

California State

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The HD Post

CALIFORNIA – There are 11 banks currently in the process of closing in California, according to the Office of the Comptroller of the Currency (OCC). The closings, in addition to the 80 previous bank closures in 2024, are attributed to a move towards online banking.

11 bank branches closing soon in California – 80 closures so far in 2024

Toyota’s been in a tough spot recently, what with all the cheating and cheating and also the cheating. Now, things are getting worse, with big banks looking to pull their money out of the automaker — though it doesn’t seem the turmoil is to blame. From Reuters:

Toyota's new problem: Banks want out

NewsBreak

Asia-Pacific markets mostly rise as investors assess business activity data from the region

The au Jibun Bank reported that Japan's composite purchasing managers' index fell to 49.7 in June. The Caixin services purchasing managers' index showed that China's services...

Asia-Pacific markets mostly rise as investors assess business activity data from the region

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