Business Insider

The 618 sale, which normally draws in billions, reported its first sales dip in eight years, showing low consumer confidence in a shaky economy.

The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items

Yields and prices move in opposite directions and one basis point equals 0.01%. On Monday, Federal Reserve Chair Jerome Powell said the central bank will not wait until inflation has reached its 2% target rate before cutting interest rates. Waiting to cut rates until the target has been reached would...

10-year U.S. Treasury yield edges lower following Powell commentary

Andy Rothman, an investment strategist at Matthews Asia, says what Chinese President Xi Jinping "needs to do is restore confidence there, and that really means something along the lines of what Deng Xiaoping did in 1984 and 1992."

The Chinese economy's future is dependent on the private sector, strategist says

The Guardian

The $99bn figure comes as data shows exports growing at fastest rate in 15 months while imports fell

China posts record trade surplus as foreign importers rush to beat tariffs

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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

Chicago, IL

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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?

California State

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?

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Protests in Spain will spread if European officials fail to address mass tourism's negative effect on the lives of residents, UNESCO's Peter Debrine told "Squawk Box Asia" on Monday. "It's turning into a very volatile situation," said UNESCO's senior project officer for sustainable tourism. "Civil society coming and trying to...

Protests will 'absolutely' spread if European cities don’t address overtourism, says UNESCO official

Pennsylvania State

Video shows the body of the alleged shooter on a building roof overlooking President Trump's Pennsylvania rally.

Video: Body of alleged shooter in Pres. Trump's assassination attempt found on roof

High interest rates and tight housing supply are hurting both homebuyers and sellers. The extent of the residential real estate crisis varies widely from state to state, and in some top states, climate risks are also rising. Because companies consider the residential real estate market when deciding where to locate,...

These are America's 10 best states for buying and selling a home in 2024, with a big caveat at No. 1

The Federal Reserve raised interest rates aggressively starting in March 2022 to tame high inflation. That underpinned historic strength in the U.S. dollar versus many major global currencies like the euro and Japanese yen. American tourists enjoyed greater buying power abroad. The Fed expects to cut rates once in 2024...

The Fed may soon cut interest rates. That could make your next trip abroad more expensive

NewsByJoshua

So, Ford's CEO Jim Farley dropped some pretty big news recently, and it might just shake up how we think about electric vehicles (EVs). Speaking at the Aspen Ideas Festival, Farley laid out what he sees as a necessary shift in the automotive industry—especially for those of us accustomed to big, powerful vehicles.

Ford CEO Jim Farley Warns of ‘Radical Change’ and Says EV Batteries Will ‘Never Be Affordable’

The Social Security Administration is upgrading its "my Social Security" personal accounts online. The goal is to provide a simpler login experience and more secure online access, the agency said. But first, some users may have to log in and transition their current accounts. The Social Security Administration is updating...

Why the Social Security Administration may want you to update your personal account online

Bucks County Beacon

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

Laura Strickler, Didi Martinez, Chloe Atkins and Julia Ainsley. Two former officials who handled immigration issues for then-President Donald Trump say that a "whole of government" approach costing billions would be needed to mount the "largest deportation effort in American history" promised in the Republican convention platform if Trump is re-elected.

How would mass deportation of migrants under Trump actually work?

Income investors could love these exchange-traded funds. Exchange-traded funds (ETFs) can be great for any investing style. Want growth? No problem. Are you a value investor? There are plenty of ETFs you'll probably like. Seeking income? You'll also have many ETFs from which to choose. Even if you desire exceptionally...

3 ETFs That Pay Ultra-High Yields of Over 6%

Illinois State

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

Georgia State

The Current GA

People held in Georgia immigrant detention centers will soon face new challenges in their search for lawyers to represent them in immigration court, a development that will likely doom many people’s chances of fighting deportation.

For migrants in Georgia, fighting deportation will become harder. Here’s why.

NewsBreak

Institutions snapping up Chinese treasury bonds are shorting the economy, state media says

Financial institutions snapping up Chinese government bonds are basically shorting the Chinese economy, China's central bank-backed Financial News reported on Saturday, citing what it said were...

Institutions snapping up Chinese treasury bonds are shorting the economy, state media says

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