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

The Independent

Major stocks fell dramatically Wednesday after several companies reported disappointing earnings, sparking a tech selloff and the biggest Wall Street bloodbath in nearly two years. By market close, the Nasdaq had dropped a whopping 3.6 percent and the S&P 500 was down 2.31 percent – the worst single-day decline for either index since October and December 2022, respectively. The Nasdaq sat at 17342.41 at market close, while the S&P 500 sat at 5,427.13Even the Dow Jones saw a 504.2-point drop – or more than 1 percent - to 39,853.87.The decline can be attributed to disappointing second-quarter results from Tesla and...

Nasdaq takes biggest dive in nearly 2 years as tech earnings spark selloff

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 ended down 0.6%, with most sectors and major bourses in negative territory. Deutsche Bank shares provisionally closed more than 8% lower as it...

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

The Hill

Shares in several major technology companies recovered on Monday after suffering heavy losses last week. Tesla was up 5.2 percent as of market close Monday, while Nvidia climbed 4.8 percent and Meta, the parent company of Facebook and Instagram, rose 2.2 percent. Google parent Alphabet also climbed 2.2 percent, while Microsoft was up 1.3 percent. …

Tech stocks recover, boosting overall market

California State

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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

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?

J. Souza

After hitting the jackpot in the cruise ship's casino, one man was shocked by the prize he won. A recent TikTok video has gotten a lot of attention, showcasing a couple's unexpected windfall during a cruise vacation.

Cruise Passenger Wins Jackpot on Cruise and Gets $50k Cabin Upgrade

West Virginia State

Norfolk, VA

Four Virginians were confirmed to be onboard when the Titanic sank on April 14, 1912. Phillip Acts and Selini Decker, who lived a few blocks apart in Norfolk, died when the ship sank. Richmond native Robert Decker and Eloise Smith, who later moved to Richmond from West Virginia, survived.

There's a reason no remains from the Virginia Titanic victims will ever be found

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

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

Taking on trade with China was a major priority of Trump's first term and he appears ready to double down if elected to a second term. If he wins the White House in November, Trump is expected to ramp up the trade war and accelerate a trend of decoupling. Meanwhile...

Trump 2.0 could go 'nuclear' on China trade, while economists say Harris would remain tough

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

Bucks County, PA

Doylestown, PA

Bucks County Beacon

More than 200 Democratic and Independent voters braved the sweltering heat Saturday for a chance to meet California Governor Gavin Newsom in a rally to support President Joe Biden and Vice President Kamala Harris’ reelection.

California Governor Gavin Newsom Visits Doylestown, Urges Bucks County to ‘Help Save Democracy’ in November

NewsNinja

In a deeply distressing event that has left the community of Padana village in Lahore reeling, a 15-year-old boy named Arsalan sadly ended his life by leaping from a water tank. The tragic incident is believed to have happened following Arsalan's receipt of poor grades in his final exams, a critical juncture in the educational structure of Pakistan.

Tragedy Strikes: Teenager Commits Suicide Over Exam Results in Lahore

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

Ford is leading a decline in major U.S. automotive stocks after missing Wall Street's bottom-line earnings for the second quarter. Shares of Ford were off by more than 17% in early trading Thursday — on pace for their worst decline since 2009. Shares of both General Motors and Stellantis...

Ford shares, on pace for worst day since 2009, lead autos rout after company's disappointing earnings

Oil prices slipped for a third trading session on Tuesday as investors focused on the prospect of swelling oil supplies and weak demand, while showing little reaction to U.S. presidential campaign upheaval. Traders mostly ignored U.S. President Joe Biden's decision to call off his reelection bid and endorse Vice President...

Oil prices fall on predictions of swelling crude inventories, weak demand

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

NewsBreak

Japan's Nikkei drops over 3% as Asia-Pacific markets track Wall Street's sell-off

China's central bank cut the medium-term facility lending rate to 2.3% from 2.5%, in its latest move to stimulate the economy after lowering its loan prime...

Japan's Nikkei drops over 3% as Asia-Pacific markets track Wall Street's sell-off

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