Markets Insider

Recent data sets the Fed up to cut interest rates twice this year, JPMorgan's David Kelly said. The bank's chief global strategist predicted Fed rate cuts were coming in September and December. Yet, he warned that stocks are expensive, and investors should be wary of adding exposure at high valuations.

The stage is set for 2 rate cuts this year, but investors need to be careful adding more exposure to the stock market, JPMorgan strategy chief says

LONDON — Britain elected its first Labour prime minister in 14 years, with a landslide victory for the opposition party during the July 4 elections. Keir Starmer takes the country's top job from Rishi Sunak with projections suggesting his left-of-center party could have a majority of around 170 seats.

Who is Labour's Keir Starmer, the new leader of Britain?

The Guardian

TUC says Labour has ‘historic opportunity’ to ‘repair and rebuild Britain’ as Goldman Sachs raises UK growth forecasts

UK stocks, sterling, bond prices rise as business calls for ‘fresh start’ under Labour – business live

Reuters

(Reuters) -European shares rose on Thursday amid optimism around U.S. interest rate cuts following soft economic data, while London markets gained as voting began in the UK general election with polls predicting a historic victory for the Labour party.

European shares advance on rate optimism; UK election in focus

Aynsley Lammin, equity analyst at Investec, says the U.K. Labour Party's plan to restore mandatory housebuilding targets is a "quick win" for the sector that should boost planning and supply.

Key housing focus for UK's Labour Party will be on supply side, Investec analyst says

"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

Fox Business

A new analyst note from BCA Research suggests the S&P 500 could slide as much as 30% within the next year as the U.S. economy enters a deep recession.

Stocks could fall 30% as US heads for a deep recession, analyst warns

Oscar Munoz, former United Airlines chairman and CEO, joins 'Squawk Box' to discuss the deadline facing Boeing today to either plead guilty to a felony fraud charge or go to trial against the Justice Department stemming from its door panel blowout and subsequent quality control issues, how the company can restore its quality control, state of summer travel, and more.

Former United Airlines CEO on Boeing: Fighting the U.S. government is never a good idea

China's yuan is in the midst of a steep decline as holders of the currency eye the risk of US sanctions. The value of the yuan slumped against Russia's ruble for the fifth day in a row on Wednesday, falling to a level of 11.51 rubles. That's the cheapest the yuan has been in about a year.

China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings

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

It was a busy June in foreign elections – and the financial markets aren't happy about it... Last month, we looked at how Indian stocks sold off following the nation's election. And on June 2, a similar situation happened in Mexico. Mexican stocks dropped 6.1% the day after the...

The Mexican Peso Is on the Verge of Collapse

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

Alfredo Porretti, JPMorgan head of shareholder engagement, joins 'Money Movers' to discuss the key drivers of the uptick in shareholder activism activity, what more M&A activity is on the heels of, and what portion of shareholder activism activity has been successful.

Rise of shareholder activisim: Here's what you need to know

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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

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

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Emily Standley Allard

If you know someone born under the zodiac sign of Cancer, you've probably felt the intensity of their emotions. When a Cancer gets emotional, they can turn a light shower into a monsoon or a friendly hug into a lifetime commitment! Cancer, the fourth sign of the zodiac, spans from June 21 to July 22. Represented by the Crab, Cancer is a Water sign, deeply connected to emotions, intuition, and the subconscious. Governed by the Moon, which represents emotions, Cancer is known for its profound sensitivity, nurturing nature, and emotional depth. Let's delve into the complexities of Cancer and explore why they are considered one of the most emotional and sensitive signs of the zodiac.

The Most Sensitive and Emotional Zodiac Sign

California State

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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?

Virginia State

Cheryl E Preston

Virginia fans of The Bold and the Beautiful, if you were watching earlier this week when Tom Star (Clint Howard died), you know that Li Finnegan (Naomi Matsuda) did not honor her Hippocratic Oath as a physician to "do no harm".

The Bold and the Beautiful shocker: Dr. Li Finnegan broke her Hippocratic Oath by watching Tom die

Money is rushing into Chinese government bonds, sending their prices soaring as investors hunt for a safer alternative to real estate and stocks. Beijing is worried about a bust that could bring down some banks.

Chinese government bonds are on fire. That’s ringing alarm bells in Beijing

CNBC's Deirdre Bosa reports on a new anniversary in the social media space, and entrants from new players.

Meta's Threads turns one

NewsBreak

Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK

The Labour Party's big win in the U.K.'s Thursday election will it see take charge of the country after over a decade of leadership from the...

Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK

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