Equities across the world tumbled after disappointing earnings from "Magnificent Seven" titans Alphabet and Tesla fuelled worries about the tech sector, which has driven a surge in markets and pushed all three main indexes on Wall Street to multiple record highs. The rally, sparked by a frenzy to snap up...

TSMC leads chipmaker plunge as trade resumes after typhoon pause

The Motley Fool

While Nvidia is currently leading the AI revolution, the stock simply isn't for everyone.

Forget Nvidia: Billionaire Daniel Loeb Owns $2.2 Billion Worth of These 3 Brilliant Artificial Intelligence (AI) Stocks Instead

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

Here’s a story that’s making waves in the retail world: Conn's HomePlus, a well-known discount furniture chain, has just filed for Chapter 11 bankruptcy. And the news isn’t just about numbers—it’s about real people and places, so let’s dive into what’s happening.

Another retail giant has just filed for Chapter 11 bankruptcy and is shutting down several stores.

Washington, DC

Deryl McKissack is no stranger to spotting toxic traits. McKissack, 63, is the founder and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she launched with $1,000 from her savings in 1990. She churned through employees who weren't the right fit in her company's early years and the business struggled, she says.

63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'

Brian Harbour, North America Restaurants Analyst at Morgan Stanley, discusses earnings from McDonald's and other restaurants.

Harbour: Broad slowing across restaurants as consumers become pickier

Los Angeles, CA

Total Apex Sports & Entertainment

One of the most beloved former superstars of the Los Angeles Dodgers is returning to the organization for one day and one day only. Matt Kemp will return to Dodger Stadium next month where he will sign a one-day contract with Los Angeles. The purpose of this contract is so that Kemp can finish his incredibly successful career where it first began, in Dodger Blue.

Los Angeles Dodgers Agree To Exciting Deal With Matt Kemp

Delaware State

The best state to retire in 2024 is also one of the smallest in the U.S. At around 96 miles long and 35 miles wide, Delaware ranks as the No. 1 state to retire this year, according to Bankrate's list of the best states to retire for 2024. Last year, it placed second behind Iowa on Bankrate's list.

This is the best state to retire in 2024—it's not Florida or California

Yujiro Goto, head of FX strategy for Japan at Nomura, says wage data has been improving, but the Bank of Japan will be concerned about weak consumption.

BOJ decision on rates will be a 'very close call,' strategist says

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?

'Mad Money' host Jim Cramer looks at Lineage and if it is worth adding to your portfolio.

Lineage argues its industry is levered to the rise in online food sales, says Jim Cramer

Many people — including residents — avoided Paris in the build-up to the Olympic Games, despite prognostications that a travel boom was all but assured.

The Olympic Games attract huge numbers, but they also repel many visitors too

Markets Insider

Chipmakers including Nvidia, TSMC and ASML were down on Wednesday as the Biden administration reportedly considers tighter China trade restrictions.

Nvidia and other chip stocks tumble on report the Biden administration is weighing tighter China trade restrictions

Deloitte Global CEO Joe Ucuzoglu joins 'Squawk Box' to discuss the state of the labor market, Paris Olympics partnership, AI adoption, and more.

Deloitte Global CEO: The labor market is still reasonably healthy

CNBC's Phil LeBeau joins 'Fast Money' with breaking news on a possible lawsuit from Delta over the CrowdStrike software outage.

Delta hires law firm following software outage, seeking compensation from Microsoft, CrowdStrike

NBC News

A foreign policy specialist who once worked for the CIA and on the White House National Security Council (NSC) has been indicted on U.S. charges she worked as an unregistered agent of South Korea’s government in exchange for luxury goods and other gifts. Sue Mi Terry advocated South Korean...

Former White House official accused of acting as South Korea agent for luxury gifts

WashingtonExaminer

Republican presidential nominee Donald Trump recently said Taiwan needs to do more for its defense. And he’s right. In an interview with Bloomberg, the former president was asked if he would defend Taiwan against China. The Chinese Communist Party routinely violates Taiwan’s sovereignty and has threatened to take over the island nation. CCP General Secretary Xi Jinping […]

Trump is right on Taiwan

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Bucks County Beacon

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

TAIPEI, Taiwan (AP) — Taiwan said Wednesday that China warned its coast guard against interfering in the detention of a Taiwanese fishing boat, in what was seen as Beijing's latest attempt to assert its territorial claims in the Taiwan Strait. The incident comes as tensions have risen following the...

Taiwan Says It Was Warned by China to Not Interfere in the Detention of Taiwanese Boat Crew

NewsBreak

Nvidia supplier SK Hynix to build $6.8 billion chip plant in South Korea

Memory giant SK Hynix said on Friday it plans to invest 9.4 trillion Korean won ($6.8 billion) to build a new semiconductor manufacturing plant in an...

Nvidia supplier SK Hynix to build $6.8 billion chip plant in South Korea

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