Columbus, OH

BlackRock chairman and CEO Larry Fink joins 'Squawk on the Street' to discuss the company's quarterly earnings results, economic outlook, his thoughts on the assassination attempt of former President Trump, investing landscape, capital markets, state of crypto, and more.

BlackRock CEO Larry Fink: I believe bitcoin is a legit financial instrument

Markets Insider

Bitcoin's 10% sell-off since June 7 signals a warning for the broader stock market. Stifel strategist Barry Bannister highlighted a strong correlation between bitcoin and the Nasdaq 100. Bannister said he expects a summer correction in stocks, influenced by higher-for-longer interest rates. Bitcoin's 10% sell-off since June 7 is sending...

Bitcoin is sending a warning that the stock market is about to sell off, Stifel says

Reuters

(Reuters) - SymphonyAI, a U.S. artificial intelligence company whose products help the likes of Pepsi predict demand and financial companies spot fraud, is preparing to go public in the second half of next year, its chief executive said in an interview.

SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate

Thailand's Prime Minister, Srettha Thavisin, announced a controversial $13.8 billion digital cash handout program aimed at reviving the country's economy. The initiative, known as the "Digital Wallet," AP News reported that it will distribute 10,000 baht (approximately $275) in digital currency to 50 million eligible citizens, allowing them to stimulate local businesses.

Thailand Announces $13.8 Billion 'Digital Wallet' Stimulus Plan to Revive Economy

HONG KONG (Reuters) - Goldman Sachs has appointed Sudarshan Ramakrishnan and Devarajan Nambakam as co-heads of investment banking in India, the latest Wall Street bank to bolster its leadership amid a rise in dealmaking opportunities in the country.

Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head

Eli Yokley, U.S. politics analyst at Morning Consult, discusses the prospect of a change in tone following the attempted assassination of former President Donald Trump.

Trump using assassination attempt to reset image and gain sympathy, says analyst

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

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

The economy is already in a "selective recession," according to JPMorgan's Matthew Boss. Low-income consumers are pulling back on spending while top-earners are fueling the economy. The top 10% of American earners have gained more than $30 trillion in wealth since 2020, Fed data shows. The US economy is being...

The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says

This story is part of CNBC Make It's The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what drove them to make the leap into the unknown. Jay Chaudhry never thought he'd run a business, amass a fortune...

65-year-old quit his job and emptied his life savings to start a business—now he's worth $11 billion

Pennsylvania State

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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

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?

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

GOBankingRates

Let's get the disclaimer out of the way right up front -- there is no portfolio of stocks that is the right match for every single person that's a member of Generation Z. This is because every person...

6 Stocks That Gen Z Should Invest In

Money

The Federal Reserve is now widely forecasted to cut interest rates by September after new inflation numbers came in lower than expected. The latest consumer price index (CPI) report showed that inflation has cooled to a 3% annual rate, tying the lowest level since March 2021. Overall, prices declined 0.1% for the month.

Get Ready for Interest Rate Cuts in September, Analysts Say

California State

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

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

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in the market. Disclaimer The CNBC Investing Club Charitable...

Cramer's Lightning Round: Don't sell Match Group

Alabama State

Birmingham, AL

When Jen Barnett and Brett Andrews started seriously thinking of leaving the U.S., they had a few parameters for their new home. The couple from Birmingham, Alabama, wanted to live in a place not too far from the beach, that had a strong middle class, where politics leaned progressive, and maybe most importantly, where people enjoyed a high quality of life for a lower cost of living.

American couple left the U.S. for Mexico and lives on $3,000 per month: What they say is cheaper

Daily Mail

America's property market is headed for a catastrophic crash, according to one financial expert who's sounding the alarm on an impending real estate apocalypse.

Economist issues stark warning about future of US property market

NewsBreak

PwC weighs halving of China financial services audit staff, Reuters reports

PricewaterhouseCoopers is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation...

PwC weighs halving of China financial services audit staff, Reuters reports

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