Columbus, OH

New York City, NY

The Associated Press

NEW YORK (AP) — U.S. stocks held relatively steady in a calm Tuesday on Wall Street, as earnings reporting season ramped up for big companies. The S&P 500 slipped 8.67 points, or 0.2%, to 5,555.74. The Dow Jones Industrial Average edged down by 57.35, or 0.1%, to 40,358.09, and the Nasdaq composite dipped 10.22, or 0.1%, to 17,997.35. But the smaller stocks in the Russell 2000 continued their big run and rose 1%. They’ve flipped the market’s leaderboard recently and zoomed higher amid hopes for coming cuts to interest rates. The mixed trading came as dozens of companies reported their results for the spring, with the headliners of Alphabet and Tesla coming after trading closed for the day. Expectations are high, and analysts are forecasting the strongest profit growth for S&P 500 companies broadly since late 2021, according to FactSet.

Stock market today: A torrent of profit reports leaves Wall Street mixed as small stocks keep rising

XRP’s price increased by more than 12% in the last seven days. Most metrics and market indicators looked bearish on the token. XRP showcased a promising rally last week as its price registered double-digit growth last week. The better news was that things could get even more bullish in the coming weeks as the token was on the verge of breaking above a long-term bullish pattern.

XRP eyes breakout from a 6-year pattern: Is a new ATH close?

Famous analyst Mikybull has predicted that there is going to be a huge change for XRP. In a recent X post, Mikybull made a hostile prediction that XRP is about to complete the breakdown of a six-year consolidation pattern and begin a long-term, large-scale bull run. Over the past five...

XRP Set For Major Breakout After 6-Year Consolidation, Predicts Analyst

XRP has a strongly bullish bias on the daily chart, and swing traders can seek to enter long positions. In the short term, some consolidation over the next 12-24 hours is likely. Ripple [XRP] saw a rapid rise in the number of transactions. This could be due to the hike...

XRP’s week ahead: Why traders should prepare for a 20% surge

The Uncirculated Morgan dollar is one example of a silver product of the U.S. Mint that will be see a price hike. Each week, we publish at our website select content from the print issue of the week’s Coin World as well as content written primarily for the online audience.

Week's Most Read: Prices jump on silver

New York Post

There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research.

In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. 

Should that happen, the S&P 500 could tumble to 3,750, which marks a 30% drop from current levels.

Stock market could drop 5% or more before end of 2024: Wall Street analyst warns

Berezin’s prediction hinges on the belief that the labor market will slow notably in coming months, which will weigh heavily on consumer spending...

US headed for a deep recession in near future as stocks could fall 30%, analyst warns

Canola markets had been on a decent run until July 5, when the entire ag complex started to weaken, and prices have been in a general downtrend ever since. November canola futures retreated almost $37 per metric ton (MT) up to July 16, while soybean oil fell the same percentage amount (5.6). Canola prices will likely continue to follow the soybean market well into harvest.

Canola prices retreat in early July

Shares of Ryanair Holdings plc were losing more than 14 percent in the pre-market activity on the Nasdaq after the European airline reported Monday sharply lower first-quarter profit, hit by higher operating costs and weaker than expected air fares. Traffic grew from last year despite multiple Boeing delivery delays, but load factor declined.

Ryanair Stock Dips On Weak Q1 Profit, Q2 Fares Warning

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NewsByJoshua

Upside Foods, a leading player in the cultivated meat industry, has announced significant staffing adjustments as it navigates challenges within the sector. The company, known for its innovative approach to producing meat from cell cultures, cited the need to streamline operations and adapt to evolving market conditions.

A Leading Food Company Announces a Significant Wave of Layoffs

Business Insider

These are today's mortgage and refinance rates. Mortgage rates should fall further as inflation decelerates and the Fed is able to start cutting rates.

Mortgage Interest Rates Today, July 18, 2024 | Rates Down as a Fed Cut Looks More Likely

Ohio State

Akron, OH

Big news out of Ohio: Goodyear Tire & Rubber Co. is making a major shift by relocating 175 jobs from its Akron headquarters to a new facility in Costa Rica. This move, part of their "Goodyear Forward" transformation plan, will take effect in early 2025.

A major Ohio company is moving its jobs overseas

According to Evercore ISI, the market has entered a correction phase driven by weak August and September seasonality and heightened political volatility, reminiscent of the Clinton vs. Dole and Bus vs. Gore election years. "[The] correction has begun in Time and Price," analysts noted, predicting the S&P 500 will test...

Evercore: Correction has begun; seasonality, political uncertainty to underpin market volatility

Ripple (XRP) is leading with very strong momentum, indicating a possible climb to new all-time highs. Following a recent low of $0.39, the token pivoted upwards, continuing higher and higher. On a weekly basis, it surged nearly 18%, hence outperforming with strong signs for further rise. Currently, the token is...

Analyst Forecasts XRP Surge to $1.3-$1.5 Before Major Growth to $6.4

Applications to refinance a home loan jumped 15% last week compared with the previous week. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.87% from 7.00%. Applications for a mortgage to purchase a home fell 3% for the week and...

Mortgage refinance demand jumps to a 2-year high, as interest rates drop

CBS Miami

Home prices reached an all-time high in June, even as the nation's housing slump continues with fewer people buying homes last month due to an affordability crisis.The national median sales price rose 4.1% from a year earlier to $426,900, the highest on record going back to 1999. At the same time, sales of previously occupied U.S. homes fell in June for the fourth straight month as elevated mortgage rates and record-high prices kept many would-be homebuyers on the sidelines.Sales of previously occupied U.S. homes fell 5.4% last month from May to a seasonally adjusted annual rate of 3.89 million, the fourth...

U.S. home prices reach record in June, despite deeper sales slump

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. According to data at HousingWire’s Mortgage Rates Center, the average rate for 30-year conforming loans was at 7.01% on Tuesday, down 5 basis points from one week ago and 10 basis points lower than two weeks ago. The rate for 15-year conforming loans averaged 6.66% on Tuesday, compared to 6.79% a week ago.

Mortgage rates continue their descent

Nationwide is offering a mortgage with an interest rate below 4% as competition between lenders intensifies ahead of the Bank of England's next rate decision.From Wednesday, the UK's biggest building society will reduce its five-year fixed mortgages, for new customers moving home with a 40% deposit, to a rate of 3.99%.Other lenders have also been lowering their rates ahead of a hoped-for central bank rate cut in August.Mortgage analyst Kylie-Ann Gatecliffe said this could be the start of a "rate war" between the big banks.The last time Nationwide offered rates below 4% was in February."Although this is only available for...

Major lender lowers mortgage rate to below 4%

WashingtonExaminer

Existing home sales fell in June for the fourth month in a row as median sales prices hit record levels, bad news for the housing market and the broader economy. Existing home sales in June fell a notable 5.4% to a seasonally adjusted annual rate of 3.89 million, the National Association of Realtors reported on Tuesday, as higher mortgage rates and home […]

Bad housing market news: Existing home sales plunge as prices hit record

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?

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

NewsBreak

Can Avalanche prices 2x after breaking THIS key pattern?

AVAX’s price increased by more than 11% in the last 24 hours. Most metrics looked bullish on the token. Avalanche [AVAX] surprised investors recently as its...

Can Avalanche prices 2x after breaking THIS key pattern?

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