Consumer sentiment moved lower again in July, despite improving expectations on inflation. Survey data showed lower-income earners are starting to feel worse about economic conditions, while sentiment remains elevated for higher earners. However, consumer sentiment stands to improve for everyone if gas prices stay low and the Federal Reserve follows...

US Consumer Sentiment Declines As Low Earners Become More Concerned

The economic growth registered in the second quarter is likely to be the largest this year, economists said. As the Federal Reserve's effort to fight inflation with high interest rates takes its toll, economic growth will likely slow in the second half of the year, even as the Fed is expected to start cutting rates.

Will the US Economy Be Able to Sustain Robust Growth the Rest of 2024?

Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state of the U.S. economy and how that's likely to affect your finances. Here we compile data releases, economic reports, quotes from expert sources and anything else that helps explain economic issues and why they matter to you.

US Economy News Today: Consumer Sentiment at Lowest Point Since Last Year

The Federal Reserve is widely expected to cut its benchmark interest rate by September, though the central bank hasn't committed to a timeline for rate cuts. A handful of experts argue that The Fed won't or at least shouldn't cut rates before the end of the year, and should instead keep rates high until inflation is fully subdued.

A Fed Rate Cut Appears Imminent—Not Everyone Thinks It's the Right Time

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Thomas Smith

Spotting a few bugs in the house is typically a nuisance, but there's one in particular that should ring alarm bells for homeowners. If you come across the bug in the photo above, it's time to call in a professional.

Study This Photo--If You Find This Bug In Your House, You Need To Call in a Pro

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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NewsByJoshua

Rite Aid is making headlines again, but unfortunately, not for the best reasons. The essential pharmacy chain is closing a staggering 400 stores, a major uptick from the 143 closures initially planned when it filed for Chapter 11 bankruptcy last October.

A large retail chain is shutting down hundreds stores after going through Chapter 11 bankruptcy

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Shares of Dexcom tumbled in extended trading Thursday after the company reported second-quarter earnings that missed estimates and slashed its full-year revenue guidance. The maker of glucose monitors said it now expects organic revenue growth of 11% to 13%, down from its projection in April of 17% to 21%. The...

Dexcom Stock Plummets on Earnings Miss, Guidance Cut

Wisconsin State

Brookfield, WI

In a wave of unexpected newsunexpected newsunexpected newsunexpected news, Piggly Wiggly has shuttered its store in Brookfield, Wisconsin, leaving customers feeling as if they've lost a family member. The closure, originally set for June 15, was moved up abruptly, catching shoppers off guard as the aisles emptied out with a clearance sale offering 50% off all merchandise.

500-store Grocery Chain Closes Location, Shoppers Cry.

Virginia State

History Facts lists eight names US parents no longer give their newborns, which you may no longer hear in Virginia. The girls' names are Doris, Gertrude, Mildred, and Judith. I know or have known women with all four names, but they are either baby boomers or boomer parents' ages and someone's grandma or great aunt. Consider the ages of females in Virginia you know with these names.

Eight names parents in Virginia may no longer be giving to their newborns

Ronkonkoma, NY

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

Wyoming State

WyoFile

The Wyoming Democratic Party is calling on U.S. Rep. Harriet Hageman to apologize for calling Vice President Kamala Harris a diversity, equity and inclusion hire. “It took only three days for Harriet Hageman to disgrace herself on national television by launching a reprehensible and racist attack on Vice President Kamala Harris,” the WDP wrote in a statement .

Wyoming Dems demand Hageman apologize for calling Harris a ‘DEI hire’

Denver, CO

David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

Carol Perez

There are lots of places in the US where you don’t necessarily need a car. There might be good public transportation and/or your area might be walkable, but for others, this might not be the case.

Free Car Programs: 16 Ways to Get a Car Without Paying

Colorado State

Brighton, CO

The largest tiny home festival in the region is about to roll out the welcome mat in Brighton. The Colorado Tiny House Festival will be July 12-14 at Riverdale Regional Park. “This tiny home show blends the spirit of the tiny living movement with the most up-to-date information on going tiny, simplifying your life, minimalistic living, and living greener,” according to a news release. “Unique small living structures will be spread throughout the Colorado Tiny House Festival grounds and include an assortment of professional and do-it-yourself builds including tiny homes on wheels, a 3D printed tiny home, accessory dwelling units, also known as ADUs, skoolies, converted vans, unique recreational vehicles, and more.”

Colorado's largest tiny home festival coming to Brighton as state law makes dwellings more practical

Tennessee State

John M. Dabbs

NASHVILLE, Tenn. — The Tennessee Department of Health (TDH) has issued a health alert to clinicians statewide following reports of severe acute illnesses and adverse effects of consuming Diamond Shruumz™ brand chocolate bars, cones, and gummies. The warning comes after the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) received reports of serious health issues linked to these mushroom-containing edible products.

Tennessee Health Alert: Severe Illnesses Linked to Diamond Shruumz™ Products

West Virginia State

Norfolk, VA

Four Virginians were confirmed to be onboard when the Titanic sank on April 14, 1912. Phillip Acts and Selini Decker, who lived a few blocks apart in Norfolk, died when the ship sank. Richmond native Robert Decker and Eloise Smith, who later moved to Richmond from West Virginia, survived.

There's a reason no remains from the Virginia Titanic victims will ever be found

In Virginia, Drinking in public or offering another person alcohol in a public space is prohibited. This is a class 4 Misdemeanor punishable by a fine of up to $250.00. Under a new law that goes into effect on July 1, this will change to a degree.WDBJ7 reports that the prohibition on drinking or offering an alcoholic beverage to someone else in public will no longer apply under the following conditions.

Drinking in public will no longer be prohibited on private Campgrounds in Virginia beginning July 1

Businesses in the service sector grew in July, while manufacturing took a step backward, according to the latest snapshot of U.S. business activity. Wednesday's Purchasing Managers' Index (PMI) showed service activity hit a 28-month high. The services index was a full point ahead of economists' expectations, which helped push the measure of business output across sectors to its highest level in 27 months.

The Disparity Between Manufacturing and Service Business Activity is Growing

NewsBreak

US Job Growth Slowed in June as Unemployment Rate Rose 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...

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

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