Kiplinger

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

Bank of America, Citigroup and Goldman Sachs are reporting $4.139 billion in losses as lenders write off mounting debts that customers can’t honor. In its latest earnings report, Citigroup says its net credit losses, which are debts that the firm does not expect to collect, hit $2.28 billion in Q2 of this year.

Bank of America, Citigroup and Goldman Sachs Report $4,139,000,000 in Losses As US Lenders Witness Major Spike in Unrecoverable Debt

Major U.S. indexes tumbled Wednesday, led by steep declines for technology stocks after worrisome earnings reports from two mega-cap companies. The Nasdaq Composite closed 3.6% lower, a 655-point decline. Wednesday marked the index's biggest one-day point drop in more than four years and biggest percentage decline since October 2022. The...

Markets News, July 24, 2024: Tech Rout Sends Stocks Sharply Lower; Nasdaq Has Worst Day Since 2022

The S&P 500 fell 0.2% on Tuesday, July 23 as quarterly earnings results from an array of companies took center stage. UPS shares lost ground after the package delivery giant reported lower-than-expected quarterly results and trimmed its full-year guidance. Shares of MSCI soared as recurring revenue growth helped the provider...

S&P 500 Gains and Losses Today: UPS Fails to Deliver on Earnings, Shares Drop

U.S. stocks took a significant hit on Thursday, reversing early gains as investors continued to move away from high-priced megacap growth stocks. This shift comes amid the ongoing second-quarter earnings season, which has added to market volatility. All three major U.S. stock indexes ended the day with losses, with the blue-chip Dow Jones Industrial Average experiencing the steepest decline, halting its streak of consecutive record closing highs.

U.S. Stocks Plummet as Investors Rotate Away from Megacap Growth Stocks

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

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

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?

Mark Mobius, Mobius Emerging Opportunities Fund chairman, joins 'Closing Bell Overtime' to talk the impact of the current political shakeup on the markets.

Gold long-term 'will continue to do well', says Mark Mobius

Singapore is the world's safest city for tourists, according to new research by Forbes Advisor. The study, which analyzed factors such as crime, healthcare quality and risks of natural disasters, ascribed safety scores from 0 to 100 — with the safest cities receiving the lowest scores. Based on the...

An Asian city is named the safest destination in the world for travelers

In June, unemployment inched up a little bit higher to 4.1% from 4% in May, according to the Bureau of Labor Statistics. Altogether, 6.8 million people are out of a job, which means millions are currently looking for their next role. If you're job searching yourself, remember that sending out...

When you're job-seeking, don't think 'I have to send out 100 applications a week,' says expert—do this instead

CNBC's Becky Quick reports on the company's quarterly earnings results.

GM beats on top and bottom lines in Q2

J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

Boise, ID

Drawing inspiration from a doctoral thesis on infant brain development, Jessica Rolph and Roderick Morris co-founded Boise, Idaho-based Lovevery, which makes children's toys specialized for different childhood developmental phases. The company brought in $226 million in revenue last year, according to documents reviewed by CNBC Make It — powered largely by its popular subscription play kits. The company aims to reach profitability this year, Rolph says.

We built Lovevery: How our play kits bring in $226 million a year

Six senators are asking the Justice Department and the Federal Communications Commission to consider challenging a deal that would allow T-Mobile to use part U.S. Cellular's wireless spectrum. New letter from lawmakers says consumers could be charged billions more from higher-priced carriers with lower-prices carriers combining. Lawmakers also ask the...

Warren sounds alarm on T-Mobile, U.S. Cellular deal with Justice Department, FCC

Southwest plans to offer pricier seats with extra legroom and end open seating on its planes. The shifts are the most major in the airline's more than five decades of flying. Southwest expects to start selling seats with the new cabin option next year. The airline plans to start selling...

Southwest to get rid of open seating, offer extra legroom in biggest shift in its history

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

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. Jumia: "It's not making a lot of money." Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in...

Cramer's Lighting Round: Broadcom is 'absolutely terrific'

The Japanese yen rallied for a fourth straight session against the dollar on Thursday, hitting a 2-1/2-month high, as investors unwound their long-running bets against the currency ahead of a Bank of Japan meeting next week. The unwinding of the short bets against the yen, the funding currency used in...

Yen hits 2-1/2-month high vs dollar, but off highs after U.S. data

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

NewsBreak

European markets close lower as investors weigh regional bank and U.S. tech earnings

LONDON — European markets closed lower on Wednesday as investors reacted to the latest earnings from regional banks and U.S. tech companies. The pan-European Stoxx 600...

European markets close lower as investors weigh regional bank and U.S. tech earnings

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