Columbus, OH

Markets Insider

The US is heading into a bankruptcy cycle that could spark more job losses, Danielle DiMartino Booth said. The veteran forecaster pointed to the rise in large bankruptcies so far this year. June could see a rise in large bankruptcies, raising unemployment, she predicted. A wave of large bankruptcies is...

The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says

CNBC's Phil LeBeau reports on June's auto sales data.

Q2 expected to reach 15.8 million in auto sales

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

Stocks climbed Wednesday as Treasury yields retreated after a slew of economic data suggested decades-high interest rates are weighing on manufacturing, services, and hiring. The Nasdaq Composite rose 0.9% to close at a record for the 23rd time this year. The S&P 500 also hit a record after gaining 0.5%. The Dow Jones Industrial Average slipped 0.1%. U.S. markets closed at 1 p.m. ET and will remain closed Thursday in observance of Independence Day.

Markets News, July 3, 2024: Nasdaq, S&P 500 Climb to Fresh Records; Tesla Rally Continues

"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

Georgia State

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Perry, GA

Vanishing Georgia

Peggy Bramblette recently reached out to let us know that the historic New Perry Hotel, perhaps the best-known symbol of this Middle Georgia town, was facing possible demolition. A week passed and I was not surprised to learn that the demolition is imminent. I’ve witnessed a long history of developers convincing local politicians to agree […]

Historic New Perry Hotel Facing Demolition

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?

24/7 Wall St.

24/7 Insights Those with a higher risk appetite will love ultra-high dividend stocks. Passive income generated from stocks can be huge to investors. Access 2 legendary, high-yield dividend stocks Wall Street loves. Investors are drawn to dividend stocks, particularly the ultra-high yield variety. These stocks offer a significant income stream and the potential for massive […]
The post 3 Ultra-High Dividend Stocks to Buy With $100 Right Now appeared first on 24/7 Wall St..

3 Ultra-High Dividend Stocks to Buy With $100 Right Now

TheStreet

The Nasdaq Composite Index has jumped 18% year to date.

Cathie Wood sells $13 million of a struggling tech stock

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

Jacksonville, FL

Jacksonville Today

The growth of the Melanin Market may prove to be a blessing for an emerging entrepreneur. This weekend, the Eastside-based nonprofit will award 15 $1,000 microgrants to small businesses that participate in its Juneteenth celebration and festival.

Thousands expected at Melanin Market for Juneteenth festival

New Jersey State

You'll need to earn nearly $60,000 annually to live alone in Massachusetts, the most expensive state in the U.S. when it comes to basic costs, according to a recent SmartAsset analysis. That figure includes estimates for how much a single-person household needs to cover housing, transportation, health care, taxes and...

The 15 U.S. states with the highest cost of living for single people—No. 1 isn't California, New York or Hawaii

Many retirees are still feeling the impact of higher prices. Yet data points to a lower Social Security cost-of-living adjustment in 2025. Here's the most recent estimate based on the latest price movements. Retirees are still feeling the impact of higher prices. Yet one buffer for the effects of inflation...

Social Security cost-of-living adjustment may be lower in 2025. These charts help show why

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

For some people, the goal of traveling abroad is to go somewhere entirely different from home. For Ikiah McGowan, much of her international travel is fueled by the desire to find a place that feels like home — but outside the U.S. That's how McGowan, 39, recently found herself...

'They want out': This company helps Americans experiment with expat living

A record 70.9 million people are expected to travel this week for the Fourth of July, AAA reports, marking the busiest Independence Day holiday ever — but not everyone is asking their boss for time off. More than half of Gen Z workers and millennials have "quiet vacationed" —...

Gen Zers and millennials are 'quiet vacationing' during 4th of July week instead of taking PTO

LONDON (Reuters) - British investors added a record 11.4 billion pounds ($14.5 billion) into equity funds over the first six months of 2024, as the prospect of further central bank interest rate cuts fuelled demand for riskier assets, according to fund network Calastone.

UK investors buy record $14.5 billion of stocks this year, Calastone says

Newark, NJ

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

China's population is shrinking, and the demographic shift will ultimately hurt its economy, shrink the labor force and put pressure on fiscal policy. Raising the retirement age is "one of the few viable options" to maintain long-term fiscal balance, the EIU said. China's population is shrinking, and the demographic shift...

China faces economic headwinds as it grapples with an aging — and shrinking — population

Rystad Energy and J.P. Morgan check out recent market moves. Better than expected market fundamentals and expectations of forthcoming interest rate cuts by the U.S. Federal Reserve are helping keep oil prices on a bullish trajectory this week, Rystad Energy Global Market Analysis Director Claudio Galimberti said in an oil macro update sent to Rigzone by the Rystad Energy team on Tuesday.

Rystad, JP Morgan Look at Oil Price Moves

NewsBreak

'Early innings' of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials

One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind the American Reshoring ETF (RSHO) that...

'Early innings' of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials

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