Fox Business

A new analyst note from BCA Research suggests the S&P 500 could slide as much as 30% within the next year as the U.S. economy enters a deep recession.

Stocks could fall 30% as US heads for a deep recession, analyst warns

Markets Insider

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

GOBankingRates

Just mere months away from the presidential election, there is no shortage of economic issues that are top of mind for many investors: Inflation (which remains sticky), exploding rates, a difficult housing market and the uncertainty regarding when the Federal Reserve will cut rates can all lead to difficult investment decisions.

6 Types of Investments That Will Plummet in Value Before the End of 2024

Reuters

(Reuters) -Bank of America's second-quarter profit dropped as higher deposit costs pushed its interest income lower, but the results beat analysts' estimates, boosted by investment banking and trading.

BofA profit beats expectation on robust investment banking, trading

Tom Lee of Fundstrat Global Advisors is coming off a string of successful stock market predictions this past year. Lee currently has his eye on small-cap stocks, calling for the Russell 2000 index to soar 50% in 2024. Regardless, small caps could still do very well for the rest of...

1 Vanguard ETF That Could Soar 41.5% in the Remainder of 2024, According to a Select Wall Street Analyst

North Carolina State

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Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Illinois State

Joliet, IL

Industry monitor IIR told Reuters on Wednesday most of the refinery's units were expected to be down for a week with plans to restart over the upcoming weekend. The power outage took 16 units offline on Monday night, according to data from IIR. "Our refinery lost power abruptly during the...

Exxon's Joliet, Illinois, refinery still without power after tornado

Andy Blocker, Invesco global head of public policy, joins 'Power Lunch' to discuss his expectations for the market reaction after Trump speaks tonight at the RNC.

How Trump-Vance administration would impact big tech, large companies and banks

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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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

This Dividend King offers a 5% yield and surprisingly strong growth prospect. This home goods brand is generating lots of cash and profits despite pressure and sales declines. This real estate company pays an above-average yield of 5.94% from its highly diversified commercial property portfolio. These stocks pay yields from...

3 Dividend Stocks That Could Help Set You Up for Life

Florida State

Edmond Thorne

Florida’s New Law on Condo Association Parking: A Comprehensive Overview. Broward County, FL. -- With many South Floirda condo assocations blocking owners and renters from parking their trucks and business vans in their own drivesways, residents have fought back with their legislators. Now, Florida has recently passed a new law that significantly impacts the rules around parking in condominium association lots and driveways. This law, which will go into effect on July 1, 2024, has stirred up a lot of discussion among homeowners and condo associations alike.

Florida's New Law on Condo Parking: Truck Owners & Business Owners Win Big

(Reuters) -The delinquency rate among U.S. office loans rose in June, driven in part by increasing vacancies and elevated interest rates, according to recent reports from ratings agencies. Echoing trends over the last two years, the higher interest rates have contributed to rising late payments and defaults on loans behind...

US office delinquencies ticked higher in June, ratings agencies say

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?

Genuine Parts is a global leader in the distribution of automotive and industrial parts. Anchored by its robust (and long-standing) profitability, the company has raised its dividend for 68 straight years. Despite this incredible streak, Genuine Parts is well positioned to keep adding to this figure as it continues expanding.

1 Magnificent Dividend King Down 23% to Buy Right Now Near a Once-in-a-Decade Valuation

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 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

The Shy Green

Unexpected Bankruptcy Looms for LL Flooring Amid Economic Challenges. In a surprising turn of events, LL Flooring, a major player in the U.S. hardwood flooring market, is reportedly teetering on the edge of filing for Chapter 11 bankruptcy. This news has sent shockwaves through the retail industry, given the company's prominent position and widespread presence across 47 states.

A store that sells tools and home supplies is suddenly going bankrupt

The Motley Fool

Income-seeking investors will want to move on these stocks sooner rather than later.

3 Dividend Stocks That Are Screaming Buys in July

Commercial real estate pain is sparking defaults in bonds backed by loans on high-quality properties. Single-asset, single-borrower CMBS are typically seen as safe havens by bond investors. The recent stress is a sign of deep pain in the sector as values wobble and loans reach maturity. Pain in commercial real...

An ultra-safe corner of the commercial real estate debt market is seeing losses as the sector struggles

PIMCO economist Peder Beck-Friis says that high US debt levels do not pose an immediate threat. History shows that policymakers will eventually tackle the issue, he wrote in The Financial Times. Before that happens, volatility will rise in financial markets and the macro economy, he noted. Investors shouldn't fear US...

PIMCO economist says fears of a US debt crisis are overblown - for now

NewsBreak

The election could have a 'massive impact' on the municipal bond market, analyst says

The election outcome and future policy could impact the municipal bond market, experts say. A popular asset for higher earners, muni bonds generate interest that is...

The election could have a 'massive impact' on the municipal bond market, analyst says

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