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

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

The S&P 500 has produced a positive return 100% of the time during the second half of election years involving an incumbent president. The S&P 500 has returned an average 4% during the second half of presidential election years, but it has returned an average of 11% when the election involved an incumbent (like Joe Biden in 2024).

This Stock Market Indicator Has Been 100% Accurate Since 1964. It Signals a Big Move in the 2nd Half of 2024.

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

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

iHeartRadio

6.2 Magnitude Earthquake Reported

Chesterfield, MO

The US Sun

THE Cheesecake Factory has confirmed that its location in a mall will be permanently closed in just weeks. Along with the beloved American chain, all the other mall stores will shutter as the shopping center shuts down for good. The Cheesecake Factory in Chesterfield, Missouri - around 25 miles from...

The Cheesecake Factory confirms mall location is closing in weeks as all stores are warned to leave ahead of demolition

Sacramento, CA

CBS Sacramento

What does a 66-year-old Sacramento woman do after she finds an envelope containing $6,000 in cash she misplaced years ago?For Mary Venegas, she went straight to her bank to deposit the money. But, the bank refused to accept it because some of the bills were damaged."I was flabbergasted," Venegas said. "It was such a good feeling because we had been looking for it for so long."Venegas recently discovered the envelope with the money inside. Four years ago, her adventure began when she lost the envelope after putting it down somewhere in the yard. Somehow, the envelope ended up on the...

I just found my long-lost envelope with $6K, but the bank says the cash is too damaged to accept | Call Kurtis Investigates

USA TODAY

America is totally ready for a woman in the White House. Kamala simply isn't the executive branch's optimal girlboss.

5 reasons Kamala can't be president that definitely aren't because she's a girl!

July's Supplemental Security Income payment was the typical monthly payment that recipients expect, but August and September will be a bit different. We'll explain why below. Also, if you didn't know, you might be getting a boost to your checks later this year. SSI benefits are managed by the Social...

SSI Beneficiaries Are Getting Two Payments in August. Here's Why

Red Lobster is finally getting a new owner. The world’s largest seafood chain is likely going to be acquired by Fortress Investment Group. Despite Red Lobster being bankrupt and looking for better offers, it did not receive any other competitive bids before the court’s deadline, according to a court filing made on Monday.

Red Lobster finally has a new owner

Business Insider

A Trump pollster warned of a "Harris Honeymoon" but called for calm in an internal memo sent to the rattled campaign.

Trump pollster is already warning his rattled team that Harris is going to jump ahead in the polls

Latin Times

Mexican President Andrés Manuel López Obrador (AMLO) sent a letter to the presumptive Republican nominee, Donald Trump, warning him that shutting down the border should he win the November elections would cause a "rebellion" on both sides. AMLO, who has called Trump a "friend," said that while he...

Mexican president warns Trump of a 'rebellion' if he shuts down the border

Charlotte, NC

Irish Star

Donald Trump has a long history with the U.S. military, and has now suggested that he will fire the country's military generals and replace them with NASCAR drivers

Donald Trump says he'll fire America's military generals and replace them with NASCAR drivers

Not even a week after Kamala Harris took over as the Democratic presidential nominee, major donors are already making demands of her potential administration. Democratic backers in the business sector have called on Harris to fire Federal Trade Commission (FTC) Chair Lina Khan. Suggested Reading. LinkedIn co-founder Reid Hoffman and...

Major Democratic donors want Kamala Harris to fire the FTC chair if she becomes president

It’s the summer of recalls. Ice cream, coffee, and hot dogs have been pulled from grocery store shelves, and now the Food and Drug Administration (FDA) has announced a recall of several fresh produce products. Suggested Reading. Wiers Farm, a Willard, Ohio-based farm, on Monday expanded a recall of...

Walmart, Aldi, and Kroger produce is under FDA recall

TVShowsAce

Recently, The View fans have spoken up about the direction the show is going. Many people are LIVID about how it is being run and demand its cancellation now. Undeniably, tensions are high on The View as many of the panelists are fuming facing the current political season. Co-hosts Whoopi Goldberg, 68, Sara Haines, 46, Joy Behar, 81, Sunny Hostin, 55, Ana Navarro, 52, and Alyssa Farah Griffin, 35, are known for their cutting opinions. Undoubtedly, the nation is currently topsy-turvy with an assassination attempt on former President Donald Trump and current President Joe Biden deciding to drop out of the presidential running. While the show has always been a spotlight on the opinions at the table over hot topics, now more than ever fans are finding some of their words hard to swallow. For instance, the presidential race is proving to highlight their heated political ideas. While the co-hosts are speaking frankly, fans are disapprovingly commenting from home.

‘The View’ Fans LIVID, Demand Cancellation Now

West Virginia State

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writer

Norfolk, VA

Cheryl E Preston

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

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsByJoshua

Rite Aid is making headlines again, but unfortunately, not for the best reasons. The essential pharmacy chain is closing a staggering 400 stores, a major uptick from the 143 closures initially planned when it filed for Chapter 11 bankruptcy last October.

A large retail chain is shutting down hundreds stores after going through Chapter 11 bankruptcy

GM’s Ultium vehicles have had a shaky few years, with the company buying back vehicles for problems ranging from shaky build quality to risk of spontaneous fires. Now those cars are finding their way to the used market with some huge discounts. You just have to trust GM finally fixed the underlying issues with the cars.

Once faulty EVs from GM are up for sale

NewsBreak

The Dow gains 600 points after a solid economic report and fresh inflation data

After a volatile week, the stock market rose on Friday due to the growing U.S. economy and fresh inflation data, leading investors to hope for interest...

The Dow gains 600 points after a solid economic report and fresh inflation data

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