U.S. stocks fell sharply Monday as part of a global selloff fueled by mounting recession fears among investors. The turmoil seems to have begun on Friday following the release of a disappointing July jobs report, which fueled concerns that the Federal Reserve has moved too slowly to cut interest rates — a move meant to alleviate some pressure on the economy. Further roiling global markets is unusual currency trading out of Japan.

The S&P 500 is down 7.5%—but if you're worried about it, 'you shouldn't own stocks,' says Warren Buffett

Japan is offloading billions of dollars in US Treasuries as it fights to prop up its currency. New numbers from the US Treasury Department show Japan sold $22 billion in Treasury securities in May, reducing its holdings to $1.1283 trillion. The move marks the second month in a row that...

Japan Dumps $22,000,000,000 in US Treasuries in One Month As Government Mounts Billion-Dollar Battle To Prop Up Currency

960 The Ref

Japan’s benchmark Nikkei 225 index closed more than 10% higher on Tuesday, a day after it set markets tumbling in Europe and on Wall Street. Other markets in Asia also rebounded, but more moderately, appearing to settle somewhat after the rollercoaster ride that started the week. The scary Monday...

Japan's share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street

GOBankingRates

Is your dream vacation abroad about to get cheaper? Or is your international investment portfolio in for a wild ride? Buckle up, folks, because some major global currencies might be headed for a...

7 International Currencies Expected To Plummet in Value by the End of 2025

USA TODAY

Wall Street looked steadier with S&P 500 futures rebounding 1.5%, while Nasdaq futures rose 2% and the pan-region Euro Stoxx 50 futures advanced 1.24%.

Japanese stocks open higher as wider markets bounce from brutal sell-off

Ramit Sethi, self-made millionaire and star of Netflix's "How to Get Rich," says that renting is unfairly dismissed as "wasting money" because "it's going to a landlord" rather than building wealth. But when you pay rent, "you're not throwing money away," Sethi tells CNBC Make It. "You're paying for a...

You're not 'throwing away money' on rent, says self-made millionaire: 'I've made more renting than I would owning'

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?

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Georgia State

A federal law has forced nearly 122,000 disabled veterans in the last 12 years to return payouts — some totaling tens of thousands of dollars — they received to leave the military when it needed to downsize, according to new data obtained by NBC News. The statistics come...

A little-known law has forced more than 120,000 veterans to return payouts they received to leave the military, new data shows

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Florida State

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

It was a pivotal moment for Ukraine on Sunday, as President Volodymyr Zelenskyy watched on as two F-16 fighter jets roared overhead. Flanked by another two of the U.S.-made combat aircraft at an undisclosed location in Ukraine, Zelenskyy announced that the country's air force had already started operations using the warplanes against Russia.

Ukraine finally sends F-16s into the battle against Russia — but they might not be a game-changer

Philippines gymnast Carlos E. Yulo didn't just win a gold medal at this summer's Olympic Games, he's also won a fully furnished two-bedroom apartment. The 24-year-old gymnast made history as the first male Olympic gold medalist in the history of the Philippines when he won the top prize for his floor exercise on August 3. The following day, he earned a second gold medal for his vault routine. He is only the second athlete from the Philippines to win the top prize. Hidilyn Diaz won the country's first-ever gold medal at the Tokyo 2020 Olympic Games in 2021 for weightlifting.

24-year-old gold medal gymnast from the Philippines to be awarded a condo valued at $414,046, cash prizes and more

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

Markets Insider

There are talks of an emergency rate cut from the Fed following Monday's market meltdown.

Markets are rebounding after Monday's massive meltdown, making rate decisions harder for the Fed

West Virginia State

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

South Carolina State

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

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

California State

A stalking horse bid is used as a starting or minimally accepted offer that other interested bidders must surpass if they want to buy the asset or the company. California-based Complete Solaria, a solar technology, services, and installation company will acquire SunPower's Blue Raven Solar business, New Homes business, and non-installing Dealer network.

SunPower files for bankruptcy, to sell some $45 million assets via stalking horse bid

The 10-year Treasury yield fell on Monday as investors' concerns on the economic outlook rise amid a global stock market-selloff. Yields and prices move in opposite directions. One basis point equals 0.01%. The yield curves on the 2-year Treasury and 10-year Treasury briefly normalized Monday morning, with the spreads turning...

10-year Treasury yield drops to lowest level in more than a year

NewsBreak

I'm prepared to 'start buying Japan,' Monex Group's Jesper Koll says despite major stock sell-off

Monex Group's Jesper Koll says he is prepared to \"start buying Japan\" on the back of fundamentals still being \"solid\" in the country, even as Japanese...

Monex Group's Jesper Koll says he is prepared to "start buying Japan" on the back of fundamentals still being "solid" in the country, even as Japanese...

I'm prepared to 'start buying Japan,' Monex Group's Jesper Koll says despite major stock sell-off

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