Markets Insider

The booming jobs report and still-high inflation mean the Federal Reserve is likely to hold interest rates steady, even after the ECB's rate cuts.

The Fed's next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts

Business Insider

These are today's mortgage and refinance rates. Depending on how inflation trended last month, mortgage rates could tick up or down later this week.

Mortgage Interest Rates Today, July 7, 2024 | Incoming Inflation Data Could Push Rates Up or Down

Fortune

"The US housing market is stuck, and we are not convinced it will become unstuck anytime soon."

The housing market’s lock-in effect could last into the next decade as mortgage rates stay high even with Fed cuts, BofA says

Mike Wilson told Bloomberg that any rate cut made in response to a weakening labor market could be followed by a correction.

A labor slowdown could ruin America's soft-landing hopes and cause a 10% stock correction, Morgan Stanley CIO says

Steven is a personal finance writer covering topics from mortgages to credit cards to market news. He has written for The Motley Fool Canada, Ramsey Solutions, Nerdwallet, Clever Real Estate, and other major outlets. Steven launched his writing career at the age of four with his first book, "Revenge of the Bad Guys." He currently lives in Portland, Oregon.

PNC Bank CD Rates for 2024

Newark, NJ

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Morristown Minute

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

You can earn up to 5.35% APY with today’s top CDs. Experts say we’ll see at least one rate cut from the Fed before the year is out, which means the clock is ticking on high APYs. Since your rate is locked in when you open a CD,...

Best CD Rates Today -- APYs Remain High Ahead of Inflation Data, July 8, 2024

Florida State

The dog days of summer have returned with a vengeance to Florida this year, especially in my home. The air conditioner’s condenser coil sprang a leak, which is hardly unusual considering that it’s eight years old. What is unusual, and causing more than a little inconvenience, is that the broken part will take a month for the factory to replace. So far, I haven’t been able to determine why the manufacturer, Lennox, would be having such a hard time scrounging up the part. Regardless, if you’re in the market for a new cooling system, consider Trane, Rheem or some other brand before you plunk down $8k on a Lennox system that could fail in the intense summer heat of such hellholes as Miami, Phoenix, Houston or Charleston. The interior temperature of my home has continued to rise daily and is now at 91 degrees. There is no cooling it off at night, either, since the air has been soupy, with temperatures only a few degrees cooler than during the daytime.

Nostalgic for Summer Doldrums?

JPMorgan Chase, Bank of America and Wells Fargo have reportedly agreed to testify at a US Senate hearing over hundreds of millions of dollars in fraud on the payments network Zelle. Executives involved in the banks’ payment operations are expected to appear on July 23rd, reports Politico, citing sources who...

JPMorgan Chase, Bank of America and Wells Fargo To Testify After Allegedly Refusing To Reimburse $115,000,000 To Customers on Zelle: Report

NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

The Motley Fool

Amazon, Walmart, and IBM could outperform many of the other Dow stocks.

These 3 Dow Stocks Are Set to Soar in 2024 and Beyond

New Jersey State

FinanceBuzz

As more customers go online to do their banking, brick-and-mortar branches are shutting down. Bank of America plans to close these branches in 2024.

Bank of America Is Closing These 62 Branches in 2024

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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Total Apex Sports & Entertainment

What makes a Zodiac Sign low maintenance? Independence can make someone low maintenance. Someone who is reliable, dependable, and punctual, can make someone low maintenance. Someone who tends to want to do things on their own can be low maintenance. Low-maintenance people tend to be those people who do on their own but are not necessarily alone. They rarely need or ask for help. They are self-motivated, often energetic, and can be considered leaders is many cases. Now me, some say I am low maintenance and others say I’m high maintenance. Maybe I’m both. Let's see what zodiac signs are considered low-maintenance.

5 Zodiac Signs That Are Low Maintenance

The S&P 500 kicked off the second half of the year with a new record high. The index is currently up 17.38% year to date and has recorded a new all-time high 34 times this year. The table below summarizes the number of record highs reached each year dating back...

S&P 500 Snapshot: New Record High to Kick Off Second Half

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

Fundstrat Global Advisors cofounder Tom Lee was among the few voices on Wall Street last year who predicted a stock market surge while most of his peers saw a slump amid widespread expectations for a recession. But he—and the U.S. economy—proved the doomsayers wrong. In fact, among the forecasters surveyed...

The Wall Street strategist who nailed 2023’s stock rally sees the S&P 500 soaring more than 170% to 15,000 by end of this decade

Gloucester County, NJ

Franklinville, NJ

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

Virginia State

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Cheryl E Preston

Some Virginia fans of The Bold and the Beautiful said they were skeptical when Thomas Forrester (Mathew Atkinswon) asked Hope Spencer (Anikka Noelle) to marry him for a third time on Friday.

The Bold and the Beautiful Spoilers: Thomas was not sincere in his proposal to Hope on Friday

Get ready for a bonanza of rate cuts from the Federal Reserve that starts in a few months and extends all the way into next summer, according to analysts at Citi Research. In a note on Friday, the bank cited fresh signs of a slowing economy for its view that the Fed will trim rates by 25 basis points eight times, starting in September and extending to July 2025.

The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

Predicting a stock’s success always involves a level of uncertainty, but understanding what typically leads to a winner will help you sift through the potential options. There are a number of aspects that experienced investors look for in a company to decide if it’s worth their attention. When it comes to a wall street winner, Investopedia said that uber investor Warren Buffett looks for health and growth as reflected in profit margins and a value proposition expressed as a competitive advantage or undervaluation relative to the company’s intrinsic worth.

What To Look for in a Wall Street Winner

NewsBreak

Bank of America: Gold 'Could' Hit $3,000 On Fed Rate Cuts?

Bank of America has a new report out suggesting that gold could move towards the $3,000 per ounce price on...

Bank of America: Gold 'Could' Hit $3,000 On Fed Rate Cuts?

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