West Texas Intermediate oil fell 3.7% this week, while Brent dropped 1.8%. Surprise rate cuts by China this week raised worries that Beijing is struggling to breathe life into the world's second largest economy. U.S. crude fell more than 1% on Friday, posting a third weekly decline as worries about...

U.S. crude oil posts third weekly decline as China demand raises concerns

Reuters

WASHINGTON (Reuters) - U.S. consumer confidence unexpectedly rose in July, but remained in the tight range of the past two years amid lingering worries about inflation and higher borrowing costs.

US consumer confidence rises in July; inflation expectations steady

TheStreet

The Fed's hopes of a soft landing for the U.S. economy got a major boost this week.

GDP report jolts Fed soft-landing hopes

(Reuters) - A look at the day ahead in Asian markets. Asia's economic calendar is remarkably light on Tuesday, allowing markets to take their cue from broader drivers such as China's deepening economic malaise, the shifting outlook for U.S. monetary policy, and the Q2 earnings season on Wall Street.

Morning Bid: China misery deepens, US curve steepens

Consumer sentiment moved lower again in July, despite improving expectations on inflation. Survey data showed lower-income earners are starting to feel worse about economic conditions, while sentiment remains elevated for higher earners. However, consumer sentiment stands to improve for everyone if gas prices stay low and the Federal Reserve follows...

US Consumer Sentiment Declines As Low Earners Become More Concerned

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

ABC News

A 12-year-old boy was killed on a beach in Cancun after gunmen on jet skis opened fire on a rival drug dealer, Mexican officials said Sunday.

12-year-old killed by gunmen on jet skis targeting rival drug dealer, officials say

VERSAILLES, France -- The Palace of Versailles offers equestrian sports one of the most attractive venues of the Paris Olympics. On Sunday, riders and horses got a memorable gallop around the sumptuous-looking gardens where the team and individual eventing competition was taking place. Under a bright sun, about 40,000 fans...

Olympic riders get a memorable gallop in the sumptuous-looking Versailles Palace gardens

Florida State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

TEAHUPO’O, Tahiti -- The next heats of the Paris Olympics surfing competition were postponed through Tuesday afternoon in Tahiti, as strong winds and sheets of rain whipped through the surfing venue, contributing to unfavorable surfing conditions. Surf forecasting website Surfline estimated that the surf will be large on Tuesday...

Paris Olympics surfing heats postponed through Tuesday in Tahiti due to unfavorable conditions

NANTERRE, France -- It's a girl. That's the surprise message that American swimmer Ryan Murphy got from the pool deck as he looked up at his wife, Bridget Konttinen, in the stands on Monday night at the Paris Olympics. Murphy won a bronze on Monday in the 100-meter backstroke. As...

'It's a girl' -- American swimmer Ryan Murphy finds out his child's gender after winning a bronze

Missouri State

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Fulton, MO

CJ Coombs

Updated on July 17, 2024, concerning two of the missing children listed below. Bringing them home: for 40 years, the National Center for Missing and Exploited Children (NCMEC) has been helping to locate missing children.

Seven teenagers have been missing in Missouri since June 2024

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

Chico, CA

A California man accused of deliberately starting what has become the largest active wildfire in the country was formally charged with felony arson, court records show.

Man accused of starting largest wildfire burning in the US charged with felony arson

Three children were killed and 10 people were injured in a stabbing attack at a Taylor Swift event at a dance school in the United Kingdom, police said.

Girls ages 6, 7 and 9 killed in stabbings at Taylor Swift-themed event

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

PARIS -- Sam Mikulak pulled Stephen Nedoroscik close and tasked the American pommel horse specialist with the impossible. The U.S. men's gymnastics team's first Olympic medal in 16 years a solitary routine away, Mikulak told the pommel horse specialist that he didn't need to go all out. That 80% would be good enough, even though Mikulak knew full well that Nedoroscik never does anything — from his sport to solving a Rubik's Cube — at 80%.

Stephen Nedoroscik waited his whole life for one routine. The US pommel horse specialist nailed it

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?

Bucks County Beacon

As chairman of the U.S. Senate Committee on Health, Education, Labor & Pensions, Senator Bernie Sanders released a June report entitled “ By the Wealthy, for the Wealthy: The Coordinated Attacks on Public Education in the United States .” The report is a brief but thorough (16 pages of text, 4 pages of footnotes) takedown of the current wave of attempts to end public education as we know it.

Senator Bernie Sanders Warns in New Report of Right-Wing Billionaire Plot to Sabotage Public Education in Order to Privatize It

Most Americans want Donald Trump to drop out of the race. Most Americans believe Trump is dishonest. Most Americans reject Trump’s vision for the country. And most Americans don’t trust Trump to handle a crisis.

AP-NORC Poll: About 60 Percent of Americans Want Trump to Withdraw from Presidential Race

NewsBreak

Europe's growth lags U.S. as Germany remains the eurozone's economic problem child

FRANKFURT, Germany -- Europe’s economy saw modest growth in the April-June quarter even as the U.S. outperformed expectations, highlighting a persistent transatlantic growth gap. Germany, the...

Europe's growth lags U.S. as Germany remains the eurozone's economic problem child

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