Reuters

LONDON (Reuters) - Global shares dipped on Tuesday as investors pondered what a Donald Trump victory in the U.S. presidential election would mean for the rest of the world, while the yen slid against a firmer dollar, prompting more warnings from Japanese officials after last week's suspected intervention.

Dollar, US futures rise as 'Trump trade' stings other assets

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

Yields and prices move in opposite directions and one basis point equals 0.01%. On Monday, 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 mean "you've probably waited...

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

Washington, DC

NBC News

Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates. Speaking at the Economic Club of Washington D.C., Powell referenced the idea that central bank policy works with “long and variable lags” to explain why the Fed wouldn’t wait for its target to be hit.

Powell indicates Fed won't wait until inflation is down to 2% before cutting rates

(Reuters) - A look at the day ahead in U.S. and global markets from Mike Dolan. The shock shooting on Saturday of former President Donald Trump, who is seeking a return to the White House, is reverberating around world markets, with bets that the incident boosts his re-election chances steepening the Treasury yield curve and lifting stock futures first thing.

Morning Bid: Trump hit steepens curve; China's economy judders

New York City, NY

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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

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?

Indiana State

Worker shortages have eased a bit, but companies still look closely at quality of life when choosing a location that will attract skilled employees. CNBC’s annual ranking of state business climates considers quality of life among ten categories of competitiveness. Quality of Life metrics include Crime, Child Care, Health...

These are America's 10 worst states for quality of life in 2024

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

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

Pennsylvania State

This is CNBC's reporting from Saturday, July 13 of the assassination attempt against former President Donald Trump. Click here for the new Sunday July 14 blog and the latest updates. Former President Donald Trump has been released from the hospital after an assassination attempt at a Pennsylvania rally. Trump was...

Recap: Attempted assassination of Donald Trump at Pennsylvania rally

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

CNBC's Eamon Javers joins 'Closing Bell' to discuss the latest developments in the upcoming election cycle.

Donald Trump officially becomes the 2024 Republican nominee for president

Omar Aguilar, Schwab Asset Management CEO, and Deepak Puri, Deutsche Bank Wealth Management Americas CIO, join 'Closing Bell: Overtime' to discuss the election's impact on the markets.

The Fed will now focus on unemployment and labor markets, says Charles Schwab's Omar Aguilar

Evan Goldberg, executive vice president of Oracle NetSuite, says "we truly believe that it has to be an intrinsic part of our business application."

A business system without AI is like a 'car without wheels,' Oracle NetSuite says

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

News Update – Late Morning

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

Elon Musk has reportedly said he is planning to pledge about $45 million a month to a newly formed super PAC backing former President Donald Trump. Musk had yet to donate to that group, called America PAC, as of the end of June, according to its latest quarterly financial filing.

Elon Musk plans to give $45 million a month to pro-Trump super PAC, WSJ reports

Virginia State

Virginia fans of The Bold and the Beautiful are pretty much unified in their expectations of what will happen between Thomas Forrester (Matthew Atkinson) and Paris Buckingham (Diamond White), who recently announced their engagement.

The Bold and the Beautiful fans believe Thomas will dump Paris for Hope

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

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?

NewsBreak

European markets lower as investors digest Powell's comments on cutting rates; Ocado up 10%

LONDON — European stocks were lower Tuesday as investors assess the economic and political outlook in the region and beyond. Sweden's Swedbank fell 1.1% after it...

European markets lower as investors digest Powell's comments on cutting rates; Ocado up 10%

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