Columbus, OH

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

Warren Buffett and his investment team have dumped nearly 52.8 million shares of Berkshire Hathaway's second-largest holding, Bank of America, over a six-session stretch. Buffett has been a net-seller of equities for six consecutive quarters (through Mar. 31, 2024). Even though Buffett would never bet against America, his actions suggest...

Warren Buffett Has Sold Almost $2.3 Billion of Bank of America Stock -- and It's a Direct Reminder of His $56 Billion Warning to Wall Street

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Bucks County Beacon

Written by Amy Lieberman , The Conversation ; Jeff Inglis , The Conversation , and Naomi Schalit , The Conversation. The U.S. Supreme Court has ruled that a president, including former President Donald Trump , “may not be prosecuted for exercising his core constitutional powers, and he is entitled, at a minimum, to a presumptive immunity from prosecution for all his official acts.”

Supreme Court Rules Trump Had Partial Immunity as President, but Not for Unofficial Acts

Fortune

Get ready for a bonanza of rate cuts from the Federal Reserve that starts in a few months and extends all the way into next summer, according to analysts at Citi Research. In a note on Friday, the bank cited fresh signs of a slowing economy for its view that the Fed will trim rates by 25 basis points eight times, starting in September and extending to July 2025.

The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

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?

Camden, NJ

Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

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

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NewsByJoshua

If you’ve been keeping an eye on the retail scene, you might have heard that Rite Aid is getting close to hitting a major rough patch. The pharmacy chain filed for Chapter 11 bankruptcyChapter 11 bankruptcy protection back in October 2023, and things haven’t been looking too rosy since then.

A major retailer is edging closer to a dire situation: Chapter 11 bankruptcy

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

Rates were prepared to make a big move in one direction or the other heading into today's high stakes inflation data. Fortunately, the Consumer Price Index (CPI) came in quite a bit lower than expected, leading to a sharp decline in rates at the average lender. 30yr fixed rates had...

Mortgage Rates Drop Sharply After Inflation Data

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.

Markets Insider

The Federal Reserve risks prematurely cutting interest rates right as the US economy is poised to reaccelerate, Jim Bianco told CNBC. "The reason I suspect that we're going to have zero rate cuts is I don't think they're warranted. The economy is continuing to move along just fine," the Bianco Research president said on Friday, adding: "I suspect there'll be a second-half rebound."

The Fed shouldn't cut rates at all this year as the US is poised for a 2nd half rebound, macro strategist says

(The Center Square) – The U.S. national debt as of Monday officially topped $35 trillion, a grim milestone for the U.S. government and the economy as the national debt continues to soar each year. The national debt has nearly tripled in the last 20 years. “If this sounds familiar,...

National debt tops $35 trillion

So, Ford's CEO Jim Farley dropped some pretty big news recently, and it might just shake up how we think about electric vehicles (EVs). Speaking at the Aspen Ideas Festival, Farley laid out what he sees as a necessary shift in the automotive industry—especially for those of us accustomed to big, powerful vehicles.

Ford CEO Jim Farley Warns of ‘Radical Change’ and Says EV Batteries Will ‘Never Be Affordable’

LOS ANGELES -- Mortgage rates inched higher this week, keeping the average rate on a 30-year mortgage essentially flat and near the 7% range it's been in most of this year. The rate rose to 6.78% from 6.77% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.81%.

Average rate on a 30-year mortgage inches up to 6.78%, first uptick in three weeks

Gold (XAU/USD) longs at 2362/57 worked perfectly on Friday hitting all targets of 2370, 2380, 2385. Another good week trading Gold last week. We were buying on Monday and Tuesday at $2390/85 and taking profits at $2415. We then sold the break below $2382 on Thursday and took profit at...

Gold Comes Across Resistance at $2404: What Comes Next?

Residential and commercial property prices could fall as much as 30% over the next few years, one strategist said.

The real-estate market is in for sharp correction with losses that could take a decade to recover from, strategist says

TheStreet

The central bank knows it has fairly won the inflation fight.

Fed meeting will reset what's next for interest rates

Fox Business

A growing number of Americans are struggling to make their credit card payments every month as they continue to battle high inflation and interest rates.

Credit card delinquency rates hit worst level since 2012 in new Fed study

Milwaukee, WI

It was a scene to behold: a union president delivering a booming, barn-burner speech at the Republican National Convention in Milwaukee—“the first Teamster in our 121-year history” to address the Republican Party, Teamsters President Sean O’Brien told the cheering crowd. While the union hasn’t endorsed former President Donald Trump (yet), O’Brien’s appearance—and Trump’s pick of Ohio Senator and “ Hillbilly Elegy ” author J.D. Vance as his running mate—aimed to solidify the bizarre notion that the Republican ticket is pro-labor and “ economic populist .”

How Trump and Vance Betray America’s Workers

NewsBreak

Treasury likely to keep most auction sizes steady for now

(Reuters) - The U.S. Treasury Department is likely to announce next week that it will keep most of its coupon-bearing U.S. Treasury auction sizes steady over...

Treasury likely to keep most auction sizes steady for now

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