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

After a day of selloffs, the Dow Jones Industrial Average surged over 500 points in the afternoon on Thursday, driven by strong performances from tech giants such as IBM and Salesforce. However, the gains were short-lived, as the Dow and other indexes declined once again. Suggested Reading. As the day...

After gaining 500 points, the Dow falls by the end of the day

The Motley Fool

Stocks with big run-ups behind them can still be smart buys.

2 Soaring Stocks I'd Buy Now With No Hesitation

In the booming communication services sector, IP optical networking and advanced communications are set to thrive as new market dynamics drive IP network modernization and tech innovations. The shift toward 5G, cloud applications, and increased home connectivity fuels fresh use cases and revenue growth, offering major opportunities for service providers. Ribbon Communications Inc. (RBBN) is well-positioned to benefit, thanks to its cutting-edge expertise in these high-demand areas.

Buy This Overlooked Penny Stock Before It Hits New Highs

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

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

It's unclear if merger deregulation will jumpstart consolidation among larger media companies. In the last five years, every large media merger has led to tens of billions in lost value for shareholders. Even if big deals haven't worked, it's only fair to judge them against what would have happened had...

Warner Bros. Discovery is counting on deregulation to unlock media deals — if there's even appetite

Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope of the day, Friday, July 26th

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?

Venezuelan President Nicolas Maduro will seek his third term in office on Sunday in a vote that is widely regarded as the South American country's most open contest in more than a decade. Some public opinion polls have indicated a preference for opposition candidate and former diplomat Edmundo González Urrutia....

Venezuela’s Maduro bids for a third term in power — as U.S., Brazil warn over need for free election

Health authorities in the southern Indian state of Kerala are on high alert following the latest flare-up of the deadly Nipah virus. The Nipah virus is considered one of the most dangerous pathogens circulating in the wild. First identified 25 years ago in Malaysia, Nipah is estimated to have a...

India is on alert after a fresh outbreak of the deadly Nipah virus. Here’s what you need to know

CNBC's Steve Kovach reports on news from OpenAI.

OpenAI announces new search engine

The crypto market is on the edge of a potential shift. Recently undervalued altcoins might be gearing up for a remarkable surge. This article delves into which digital assets are primed to make a strong comeback. Discover the coins that experts believe are positioned for substantial growth and could soon lead the market rally.

Market Turnaround: These Beaten-Down Altcoins Could Soon Be the Leading Frontrunners

Meredith Whitney, Meredith Whitney Advisory Group CEO, joins 'Money Movers' to discuss the June Personal Consumption Expenditure data, consumer health, homeowners, Fed rate cuts and more.

Consumers are struggling, home equity access can be resourceful, says Meredith Whitney

Bob’s Stores, a beloved retailer known for its mix of sports apparel and discount clothing, is now facing a heartbreaking turn as it undergoes liquidation following its bankruptcy filing.

Beloved Retailer Moves to Liquidate Assets Amid Bankruptcy

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

CEO Julie Masino on Thursday told CNBC's Jim Cramer how her company is moving forward with its turnaround plan, adding that she doesn't expect to see results in the immediate future. "It is a three-year plan. Fiscal '25, which starts for us in another week or two, is really an...

Cracker Barrel CEO gives progress update on the chain's turnaround plan

Las Vegas, NV

The Regional Transportation Commission of Southern Nevada, which includes Las Vegas, will be the first transit system in the U.S. to implement system-wide AI weapons scans. Transit systems nationwide are grappling with ways to reduce violence. AI-linked cameras and acoustic technology are seen as viable options to better respond to...

Las Vegas transit system is nation's first to plan full deployment of AI surveillance system for weapons

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

The 2025 Chevy Corvette ZR1 will be powered by a twin-turbocharged, 5.5-liter, V8 engine capable of more than 1,000 horsepower — a first for Corvette — and 828 foot-pounds of torque. The ZR1 joins what GM is calling the "Corvette family," leveraging the reputation of the quintessential American...

GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed

NewsBreak

5 things to know before the stock market opens

The S&P 500 and Nasdaq Composite posted losses Thursday. The U.S. economy saw more-than-expected growth in the second quarter. France’s high-speed rail network was hit by...

5 things to know before the stock market opens

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