Columbus, OH

Markets Insider

America's stimulus-fueled shopping spree looks just about over — and lower spending could be a signal that a consumer-led downturn is on the horizon, economic experts say. Consumers are finally starting to rein in their spending habits, which could weigh on the economy after a long period of robust spending has propped up economic growth over the past few years. Retail spending ticked 0.1% higher in May, but sales volume has dropped 1.3% year-over-year over the last three months, US Census data shows.

Americans' spending patterns are flashing a warning of a possible consumer-led recession

Russia's economy risks a deep recession within the next year, according to a UC Berkeley economist. The nation is seeing its energy revenues wane while losing access to the US dollar. That could hit Russia's finances and further isolate Moscow from the global economy. Vladimir Putin's claims that Russia's economy...

Russia's weakened energy trade and lost access to the dollar will spark a severe recession within a year, a top economist says

Americans seeking relief from high borrowing rates might not have to wait much longer.

A big change could come to the US economy in September

Axios

China's consumers have plenty of money. The problem is they're not spending enough of it. Why it matters: In the U.S., higher savings rates are often viewed as a sign of healthy consumers. In China, they're a reminder of lackluster demand constraining growth. China has long had one of the...

China's money problem: Consumers aren't spending enough

Reuters

WASHINGTON (Reuters) - The global economy is set for modest growth over the next two years amid cooling activity in the U.S., a bottoming-out in Europe and stronger consumption and exports for China, but risks to the path abound, the International Monetary Fund said on Tuesday.

IMF sees steady global growth, warns of slowing disinflation momentum

Butler, PA

Bethel Park, PA

Irish Star

Thomas Matthew Crooks, 20, was shot dead after firing rifle rounds at the former president during a rally in Butler, Pennsylvania on Saturday. Explosives were also found in his car and at his home

Donald Trump shooter Thomas Matthew Crooks 'car and house' laden with explosives

Pennsylvania State

One spectator was killed and two were hurt in Saturday's shooting. Federal authorities are investigating after former President Donald Trump was shot in the ear in an assassination attempt at an election rally in Butler, Pennsylvania, on Saturday. Blood splattered on Trump's face as Secret Service agents surrounded him and...

Trump shooting live updates: Shooter told his dad he was going to gun range

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

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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

After conducting more than 100 interviews, searching the suspect's home and vehicle, and cracking into his cellphone, FBI investigators were still searching on Tuesday for the motive that led a 20-year-old Pennsylvania man to attempt to assassinate a former president. As that investigation continued, officials with the FBI and the...

New details emerge in Trump assassination attempt investigation

BANGKOK -- Images of the moment have already been splashed across the world’s front pages and papered many corners of the internet — former President Donald Trump, ear bleeding, with his right hand clenched in a fist above the Secret Service agents surrounding him after he was shot.

T-shirts with image of Trump raising his fist after assassination attempt are for sale in China

J. Souza

A fight between passengers marred the final night of a Carnival Cruise Line sailing on June 6th. The incident, which unfolded in the Lido Deck dining room onboard the Carnival Paradise, involved a group of women and resulted in thrown chairs and plates.

Cruise Ship Fight Near Buffet Captured on Camera, Passengers Banned for Life

New York City, NY

ABC News

A Georgian man has been indicted for allegedly planning a mass casualty attack on Jews and racial minorities in New York, and encouraging others to commit violent acts.

Neo-Nazi planned poisoned candy attack on Jewish children, federal prosecutors say

Texas State

Houston, TX

DALLAS -- With around 270,000 homes and businesses still without power in the Houston area almost a week after Hurricane Beryl hit Texas, Gov. Greg Abbott on Sunday said he's demanding an investigation into the response of the utility that serves the area as well as answers about its preparations for upcoming storms.

Texas Gov. Greg Abbott demands answers as customers remain without power after Beryl

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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

BUTLER, Pa. -- Signs of trouble were evident in the minutes before shots rang out at Donald Trump’s rally in Pennsylvania: Police had a report of a suspicious man pacing near the magnetometers and were apparently exchanging photos of the suspect. Witnesses pointed and shouted at an armed man on a nearby roof.

Signs of trouble at Trump rally were evident in minutes before gunman opened fire

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

ASUNCION, Paraguay -- Authorities in Paraguay announced Tuesday the largest cocaine seizure in the country's history, after officials were surprised to find more than 4 tons of the drug stashed inside a shipment of sugar bound for Belgium. President Santiago Peña told journalists that the record discovery, code-named “Operation Sweetness,"...

Operation Sweetness: Paraguay finds 4 tons of cocaine stashed in sugar in its biggest drug bust yet

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?

Sublette County, WY

Bondurant, WY

WyoFile

Billionaire Joe Ricketts has ordered crews to immediately stop construction of his long-planned Sublette County luxury resort, and restore the area to its natural condition. A project that would have made a tourist destination out of the tiny, sleepy Hoback River basin community of Bondurant has been called off because of protective wildlife stipulations that abbreviated the construction season. Ricketts sought an exemption from the seasonal restrictions, which he claimed in a memo obtained by WyoFile would have increased the cost of building the high-end all-inclusive resort by $60 million to $100 million, but his request was denied .

Spooked by price tag, billionaire cans under-construction luxury resort in Bondurant area

NewsBreak

China's economy slowed in the last quarter as weak consumer demand dragged on growth

BANGKOK -- China's economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in factory...

China's economy slowed in the last quarter as weak consumer demand dragged on growth

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