The Investment Committee give you their top stocks to watch for the second half.

Final Trades: Interactive Brokers, Leidos Holdings, Microsoft and the XLF

CNBC’s Steve Liesman with JPMorgan’s David Kelly, Wolfe Research’s Stephanie Roth and Morgan Stanley Investment Management’s Jim Caron, join ‘Power Lunch’ to react to the Fed’s decision to leave rates unchanged.

A September rate cut is still only 50-50, says Morgan Stanley Investment Management’s Jim Caron

An automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive artificial intelligence could be for the wealth management industry. The service has added more than 22,000 users since its launch two years ago, according to Alexander Harmsen, founder of Global...

This AI-powered financial advisor has quickly gained $20 billion in assets

Nebraska State

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.

community_voice

National Weather Force

Severe thunderstorms are expected across parts of North Dakota, South Dakota, and Nebraska from the late afternoon into the evening with a few cells lingering into the overnight hours. Storms will be capable of producing mainly damaging winds, large hail, and perhaps an isolated tornado. Check below for further details on the outlook.

Damaging Winds Excess of 75mph, Large Hail & Isolated Tornado; Northern Plains; Evening of July 29th

The average American believes they'll need to save $1.8 million for their post-work years, according to Charles Schwab's "2024 401(k) Participant Study." However, most Americans in their 50s have much less than that stashed away for retirement. The average 401(k) account balance for people in their 50s is $212,400, as...

Here’s how much money Americans in their 50s have in their 401(k)s

Washington, DC

Deryl McKissack is no stranger to spotting toxic traits. McKissack, 63, is the founder and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she launched with $1,000 from her savings in 1990. She churned through employees who weren't the right fit in her company's early years and the business struggled, she says.

63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'

While the best state to retire in the U.S. is also one of the smallest in the country, the worst state to retire is the largest. Alaska ranks as the worst state in the U.S. to retire for the third year in a row, according to Bankrate’s study of the best states to retire in 2024.

The 10 worst states to retire in the U.S.—No. 1 isn’t California or New York

CNBC brings you fast, accurate, and actionable business news and market updates.

News Update – Late Morning

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in June. Text removed from the June statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is...

Here's what changed in the new Fed statement

Chicago, IL

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.

writer

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?

J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

Nvidia shares closed up 13% on Wednesday after remarks from top customer Microsoft and rival AMD signaled there wouldn't be a slowdown in the multibillion-dollar buildout of AI servers. Microsoft spent $19 billion on capital expenditures during its fiscal fourth quarter, with about 60% on hardware. AMD, Nvidia's primary rival...

Nvidia shares soar 13% after Microsoft quells fears that AI buildout is too fast

Albemarle will halt the expansion of the Kemerton manufacturing plant in Australia as lithium prices remain weak and it reviews its cost structure. The lithium mining giant said it swung to a second-quarter net loss of $1.96 a share. After adjustments, it earned 4 cents a share. Sales in the...

Lithium giant Albemarle halts Australia plant expansion, reviews costs on weak lithium prices

Colorado State

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.

contributor

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

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

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits. The company, which reported disappointing first-half results last week, said that if not enough employees participate in the buyout, involuntary terminations could follow. In...

Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs

McDonald's executives acknowledged during an earnings call Monday that diners consider the company's prices too high, and said they are taking a "forensic approach" to evaluating prices. Amid a broader consumer pullback and increasing prices, fast-food chains have had a difficult time drawing in lower-income diners. The company's recent $5...

McDonald's executives admit diners think prices are too high, say they're working to create value

Everyone needs a bit of resilience at some point in their lives. You might need to bounce back from a tough breakup, learn a seemingly impossible skill at work or recover from a surgery. No matter the form, adversity requires mental toughness and self-reassurance to overcome it successfully. Some people...

3 common phrases mentally resilient people never use, from psychologists and an executive coach

NewsBreak

We remain 'structurally very bullish' on Japan stocks, asset management firm says

CJ Morrell, head of Japan at Fiera Capital Asia,...

We remain 'structurally very bullish' on Japan stocks, asset management firm says

Comments / 0