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Fox Business

Bob’s Stores on Monday announced the impending closure of every one of its nearly two dozen clothing retail stores. Its stores are located in six Northeastern states.

Bob's Stores closing all retail locations

Port Byron, IL

A large Illinois horse farm owned by John Deere CEO John May is up for sale, according to a Wednesday report from Realtor.com. He is reportedly seeking $3.925 million for the property.

John Deere CEO puts 80-acre horse farm up for sale

Middle-income households are feeling the squeeze after years of elevated inflation, and 66% reported they are falling behind due to the high cost of living in the U.S.

Two-thirds of middle-income Americans say they are falling behind due to cost of living: Primerica

The Hill

The U.S. economy added 206,000 jobs in June and the unemployment rate rose slightly to 4.1 percent, according to Labor Department data released Friday.  The latest jobs numbers are are largely in line with expectations that the economy would add 190,000 jobs and maintain a jobless rate of 4 percent.  The report follows blockbuster May…

US economy adds 206K jobs in June

HuffPost

Led by Sen. Elizabeth Warren (D-Mass.), the senators say high rates may be contributing to higher prices for things like insurance.

Three Democratic Senators Urge The Federal Reserve To Cut Rates At Its Meeting This Week

Investing.com -- Investors trying to get a handle on the strength of the U.S. economy -- and the timing of Federal Reserve interest rate cuts -- will be looking closely at Tuesday’s retail sales data for May. Economists are expecting retail sales to have risen 0.3% month-on-month, after the...

U.S. economy on the path to a "Goldilocks" scenario in 2024 - Bank of America

Nonfarm payrolls increased by 206,000 for the month, better than the 200,000 Dow Jones forecast though less than the downwardly revised gain of 218,000 in May. The unemployment rate unexpectedly climbed to 4.1%, tied for the highest level since October 2021. Average hourly earnings increased 0.3% for the month and...

U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%

Employers in the U.S. added 206,000 jobs in June, down from the previous month and only slightly higher than the 200,000 economists had expected. The unemployment rate surprisingly moved up to 4.1% from 4.0% in May. April job numbers were lowered by 57,000, while the May figure was adjusted downward...

US Job Growth Slowed in June as Unemployment Rate Rose to 4.1%

Markets Insider

Trump's vows to carry out a major deportation campaign is a stagflationary threat, Adam Posen told Bloomberg TV. The think tank expert says this would lead to a manufacturing-centered recession. Adding to inflation risk are also Trump's trade proposals, as he pledges to lift tariffs. Donald Trump's vow to initiate...

Trump's pledge to deport the most US workers in history could trigger recession and an inflation spike, economist says

Illinois State

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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

Bristol, VA

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John M. Dabbs

Bristol, Va. – The Hard Rock Hotel & Casino Bristol has announced a revised timeline for the grand opening of its permanent casino resort. Initially set to begin a phased opening in July, the new target for a fully operational grand opening is now slated for late fall 2024. This change aligns with recent legislation granting casino operators six months to finalize temporary facility projects.

Hard Rock Hotel & Casino Bristol Delays Grand Opening to Late Fall 2024

24/7 Wall St.

Selecting the best dividend stocks can be a challenge. Here's why Barings BDC could be the single best stock yielding over 10%.
The post The Single Best Dividend Stock Yielding Over 10% appeared first on 24/7 Wall St..

The Single Best Dividend Stock Yielding Over 10%

New York Post

The rate of job growth moderated in June while May figures were revised downward — a trend that Wall Street analysts view as a positive sign that the Federal Reserve will slash interest rates later this year.

Nonfarm payrolls rose by 206,000 jobs in June – ahead of the 190,000 jobs economists expected but below the growth rate seen in previous months this year, the Labor Department said on Friday. 

The feds also revised May jobs figures from the reported 272,000 jobs down to 218,000. For April, the government also revised the job figures downward — from the initial 165,000 to...

US job market shows signs of weakening, boosting hopes for rate cuts

New York City, NY

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’

Business Insider

The economy added 206,000 jobs in June, above the forecast. The US unemployment rate is unexpectedly now above 4%.

The US economy added more jobs than expected last month as unemployment surprisingly rose

Business Times

In a mixed signal for the U.S. economy, the Labor Department reported Friday that nonfarm payrolls increased by 206,000 in June, surpassing the Dow Jones forecast of 200,000 but falling short of May's downwardly revised gain of 218,000. At the same time, the unemployment rate unexpectedly climbed to 4.1%, its highest level since October 2021, complicating the Federal Reserve's decision-making on monetary policy.

U.S. Economy Adds Jobs in June Amid Rising Unemployment Rate: Federal Reserve's Next Move Under Scrutiny

Treasury yields dropped on Friday as the latest U.S. jobs report showed an unexpected rise in the unemployment rate. Yields and prices move in opposite directions. One basis point is equivalent to 0.01%. Treasurys. The unemployment rate unexpectedly climbed to 4.1%, the highest level since October 2021. Economists expected the...

10-year Treasury yield falls after unemployment rate rises unexpectedly

American Express recently acquired yet another restaurant booking platform. The company, which already owns Resy, offers its cardmembers exclusive reservations benefits.

American Express takes further control of restaurant reservations

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Bucks County Beacon

“[I]nvoking the favor and guidance of Almighty God,” the Constitution of the Confederate States of America composed by southern slaveholders in 1861 sought to “establish justice, insure domestic tranquility, and secure the blessings of liberty to ourselves and our posterity.” The authors of Project 2025, the latest playbook for restructuring the federal government in order to accomplish the policy goals of Christian Nationalists, similarly declare their manifesto will “decide America’s future” by securing their “God-given individual rights to live freely” and exercise dominion over others.

Legislating Inequality: The Christian Confederate Roots of Project 2025

Chipotle locations have been facing backlash online as customers call out the restaurant for a decline in portion sizes; some Wells Fargo analysts have the data to back up these claims.

Wells Fargo analysts 'weigh in' on Chipotle portion sizing after restaurant chain faces backlash online

NewsBreak

U.S. economy adds 206,000 jobs; April, May revised down

U.S. employers continued to hire workers at a solid pace according to the June jobs report even as readings from April and May were revised lower,...

U.S. economy adds 206,000 jobs; April, May revised down

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