It's generally wise for long-term investors to ignore market-watchers' near-term prognostications. After all, if you're saving for a goal decades in the future, it doesn't much matter what stocks will do over the next six months. But chances are you have some short-term goals, too. If you're saving to purchase...

Investing experts: Lock in a guaranteed 5% return before the Fed slashes interest rates

Reuters

(Reuters) - Capital One Financial's profit fell 61% in the second quarter, it reported on Tuesday, as it set aside more money to cover losses on loans. Net income available to common stockholders fell to $531 million or $1.38 per share versus $1.35 billion or $3.52 per share a year earlier.

Capital One profit drops 61% as it stockpiles more money for loan losses

Check out the companies making headlines in extended trading:. — The tech giant slipped 1% despite a beat on both top and bottom lines in the second quarter. Alphabet earned $1.89 per share on $84.74 billion in revenue. Consensus estimates had called for earnings of $1.84 per share on $84.19 billion in revenue. However, revenue at its YouTube advertising segment missed forecasts.

Stocks making the biggest moves after hours: Alphabet, Tesla, Visa and more

(Reuters) - Barclays on Tuesday lifted its 2024 target for the benchmark S&P 500 index to 5,600 from 5,300 as it expects strong profit growth for mega-cap technology firms. The brokerage has joined peers like Citigroup and Goldman Sachs in raising their annual targets for the index on hopes of a "soft landing" in the U.S. and an interest rate cut from the Federal Reserve later this year.

Barclays raises 2024 S&P 500 target to 5,600 from 5,300

(Reuters) - Centene forecast second-quarter adjusted profit above Wall Street estimates, saying it does not have to make a previously expected payment under a "risk adjustment" program related to its government-backed Medicaid plans.

Health insurer Centene's upbeat quarterly profit forecast fails to impress

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 Independent

Budget airline easyJet has notched up a 16% increase in third-quarter profits and said it remains on track for a record summer performance.The carrier reported headline pre-tax profits of £236 million for the three months to June 30, up from £203 million a year ago.It carried 8% more passengers in the quarter at 25.3 million and said trading was also boosted by strong demand for easyJet Holidays, with the division seeing pre-tax profits jump to £73 million from £49 million a year earlier.EasyJet now expects the holidays arm to deliver annual pre-tax profits of more than £180 million, up more...

EasyJet records 16% rise in profits

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

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

News Update – Market Close

Ayana Dunlap changed careers and increased her earning potential over the course of a summer — and she did it without a bachelor's degree, or spending a dime. In June 2020, after hotels and restaurants shut down at the onset of the Covid-19 pandemic, Dunlap was laid off from her job as a senior sales manager at the Hilton Garden Inn Tysons Corner in Virginia.

30-year-old was laid off from her hotel job, now earns $125,000 without a bachelor's degree thanks to this one skill

Broward County, FL

Margate, FL

Edmond Thorne

MARGATE, FL. - A sophisticated lottery scam targeting vulnerable seniors across the United States has been uncovered, with a Margate man at its center. The elaborate scheme defrauded victims of approximately $9.5 million, leaving a trail of financial and emotional devastation in its wake.

Broward Man Arrested by Feds in $9.5 Million Lottery Scam: Targets Seniors Nationwide.

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?

Last week, the IRS confirmed that most nonspouse beneficiaries have 10 years to deplete inherited retirement accounts and must take yearly required minimum distributions, or RMDs. The rule applies to accounts inherited since 2020 if the original account owner had already started RMDs. However, you could save on taxes by...

IRS issues final rules for inherited IRAs — but many are 'missing the boat' on taxes, pro says

'Mad Money' host Jim Cramer talks the state of the consumer after the most recent slate of earnings.

Consumers are demanding bargains, says Jim Cramer

Kentucky State

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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

Fortune

The Federal Reserve today announced it has fined Green Dot Bank, a partner to Apple and Walmart, for deceptive practices the bank says it stopped years ago. Green Dot Bank, the tiny state-charted Utah bank behind financial products at some of America’s largest companies—including Apple and Walmart—today agreed to pay a $44 million fine previously disclosed by the Federal Reserve. Green’s stock fell 5.7% today to $9.26, and is now 85% off the all-time-high of $63.44 it hit October 2020. The fine does not place any restrictions on the bank’s ability to serve its existing clients.

Apple and Walmart banking partner Green Dot fined $44 million by the Federal Reserve

Boston, MA

Swansea, MA

Dianna Carney

A new family-owned and operated themed entertainment complex is coming soon to Swansea, a small town in Bristol County, Massachusetts. Silver Stone Castle & Family Entertainment is set to be an exciting addition to the town of fewer than 17,000 residents.

New Family-Owned & Operated "Medieval Experience" Coming to Massachusetts Shares Sneak Peek

Illinois State

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

California State

The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

North Carolina State

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

NewsBreak

Deutsche Bank shares drop 6% after lender snaps 15-quarter profit streak

Germany's largest lender Deutsche Bank reported its first quarterly loss in four years, but the size of the loss was slightly smaller than forecast in an...

Deutsche Bank shares drop 6% after lender snaps 15-quarter profit streak

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