Reuters

WASHINGTON (Reuters) - New orders for U.S.-manufactured goods fell more than expected in June, but business spending on equipment was solid as was initially estimated, government data showed on Friday.

US factory orders fall more than expected in June

(RTTNews) - The Institute for Supply Management released a report on Thursday showing U.S. manufacturing activity unexpectedly contracted at an accelerated rate in the month of July. The ISM said its manufacturing PMI fell to 46.8 in July from 48.5 in June, with a reading below 50 indicating contraction. Economists...

U.S. Manufacturing Index Unexpectedly Indicates Accelerated Contraction In July

The Institute for Supply Management reported U.S. manufacturing activity decreased for the fourth straight month in July, and contracted for the 20th time in the past 21 months. Among the trends highlighted in its July report, ISM found manufacturing demand is slowing, and manufacturing output is declining. The overall economy...

PMI Shows Manufacturing Slowed Again

The Institute for Supply Management (ISM) reported that economic activity in the manufacturing sector contracted in July for the fourth consecutive month and the 20th time in the last 21 months, said the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued today,...

U.S. Manufacturing Sector Contracted in July for Fourth Consecutive Month

FXDailyReport.com

Gold futures cratered toward the end of the trading week as traders combed through the latest gross domestic product (GDP) report. The yellow metal is slumping even as the US dollar weakens and the US treasury market swims in an ocean of red ink. Market watchers say profit-taking could be the only explanation.

Gold Crashes After US Q2 GDP Tops Forecasts

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?

New York City, NY

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

At least the monthly jobs report wasn’t boring. The U.S. Bureau of Labor Statistics said employers added 114,000 jobs in July, the lowest number since December of 2020. Unemployment, meanwhile, rose to 4.3%. Both numbers were weaker than expected. And it sent stocks plunging on Friday. The S&P 500...

Unemployment rises, stocks plunge and the economy becomes a question mark

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

South Carolina State

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Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Florida State

Savannah, GA

Meteorologist Joe Cioffi

Make no mistake folks we are dealing with a potentially dangerous situation with Debby. This tropical storm is forecast to strengthen to a hurricane before making landfall along the coast of the Florida Big Bend. This is one of the key messages from the National Hurricane Center advisory. "Heavy rainfall will likely result in considerable flash and urban flooding across portions of northern Florida through Friday morning. Potentially historic heavy rainfall across southeast Georgia and South Carolina through Friday morning will likely result in areas of.

Debby's catastrophic "drownpours" North Florida, Georgia, South & North Carolina 15 to 20 inches+

Colorado State

Aurora, CO

David Heitz

The Aurora Police Department released a statement on Tuesday on social media to clear up misinformation about an incident involving thousands of migrants. “Misinformation has spread on social media regarding the large gathering on Sunday at Gardens on Havana shopping center,” Aurora PD posted on X. “We recognize that Sunday’s incident was disconcerting and alarming for a large number of our residents and citizens. The purpose of this message is to provide the community with accurate information based on what we know right now.”

Law-abiding Venezuelans watch election results in Aurora, leave behind mess

CBS Minnesota

Fear, long absent in financial markets as investors bet on a "soft landing" for the U.S. economy, is back in the air on Wall Street.Stocks tumbled Friday after new government data showed a steep decline in hiring in July, spurring concerns that economic activity is slowing faster than economists expected. Two hours into the session, the blue-chip Dow Jones Industrial Average was down 984 points, or 2.4%, to 39,415. The broader S&P 500 sank 2.5%, while the tech-heavy Nasdaq Composite lost nearly 3%, fueled by disappointing quarterly earnings from bellwethers such as Amazon and Intel. Market analyst Adam Crisafulli of Vital Knowledge...

Dow plunges nearly 1,000 points amid sharp drop in U.S. hiring

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

Stocks tumbled Thursday after fresh data stoked fears that the US economy is weakening as interest rates stay at a 23-year high.

Dow closes nearly 500 points lower as investors fear the US economy is faltering

Port Richey, FL

Akeena

Florida’s buffet lovers are in for a shocker as the popular Royal Sushi Buffet & Hibachi in Port Richey has been temporarily shut down following a state inspection. This isn’t the first time the eatery has faced such trouble, but the recent closure has sparked quite a buzz among its loyal patrons and food enthusiasts alike.

Live roaches, flying objects in the kitchen and soiled shelves- Buffet closed again in Florida

Virginia State

Ronkonkoma, NY

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

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

NewsBreak

June Factory Orders Fall As Demand For Aircrafts Plummets

Factory orders declined in June, adding to recent data that shows a downturn in manufacturing in the U.S. The 3.3% monthly drop in factory orders reported...

June Factory Orders Fall As Demand For Aircrafts Plummets

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