Big banks in the US are boosting the amount of cash they’re handing to new customers as the fight for deposits intensifies for the first time in years. JPMorgan Chase and Wells Fargo in particular are battling it out to curb deposit flight triggered by the Federal Reserve’s interest rate hikes, reports the Wall Street Journal.

JPMorgan Chase and Wells Fargo Offering $300 Cash As Banks’ Battle for New Deposits Intensifies for First Time in Years: Report

According to an article by Spencer Jacob for the Wall Street Journal (WSJ), which was published earlier today, investment expert Mark Spitznagel is concerned about the potential upcoming bursting of the “greatest bubble in human history.”. Spitznagel is an American investor and hedge fund manager best known for founding...

U.S. Stock Market Warning: The ‘Greatest Bubble in Human History’ Could Be About to Burst, Claims Investment Guru

The Motley Fool

The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.

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

TheStreet

Global stocks are melting down. Here's five reasons driving the tech-led Black Monday.

Black Monday on Wall Street: 5 reasons stocks are plummeting

The US Sun

SIMONE Biles failed to win a fourth gold medal as her Olympic games came to an end on Monday after a series of errors and a bizarre argument with fans. The 27-year-old‘s day got off to a tough start with a fall from the balance beam before an error on the floor prevented her from […]

Simone Biles falls off beam and is heard telling fans ‘stop shushing’ in bizarre spat as she misses out on fourth gold

FinanceBuzz

Here's everything retirees need to be prepared for a possible impending recession.

The U.S. Could Be Heading for a 'Deep Recession': Here's What Retirees Should Do Right Now

How much more in Social Security benefits will you receive in 2025? If you already get monthly Social Security checks or you're looking to sign up to do so, it's likely you're eagerly awaiting the COLA increase announcement. Analysts have offered their predictions on how much extra money you could be getting with your benefits for the next year, and there are ways to calculate how much you may get per check already. But the COLA adjustment could mean significant changes to how much money you have to play around with each month.

How Much Will Social Security Increase in 2025? Here's What Experts Predict

The Hill

Former President Trump on Sunday night appeared to gloat in response to the global market sell-off and suggested his Democratic rivals were to blame. “STOCK MARKETS CRASHING. I TOLD YOU SO!!! KAMALA DOESN’T HAVE A CLUE. BIDEN IS SOUND ASLEEP. ALL CAUSED BY INEPT U.S. LEADERSHIP!” Trump wrote on his Truth Social platform late Sunday night.

Trump reacts to global stock-market sell-off: ‘I told you so!!!’

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

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

Japanese stocks experienced their biggest daily loss ever on Monday, August 5. Fears of a US crash have begun to ramp up. The Nikkei 225 index of leading stocks in Tokyo went down by 4,451 points. It’s the biggest drop in history. The index has closed more than 12% down. That takes its losses since early July to 25%, entering bear market territory.

Stocks Crash in Biggest One-Day Drop Ever as Global Market Rout Intensifies

Mediaite

Former Bush campaign manager Karl Rove joined Fox News on Friday and predicted Vice President Kamala Harris will soon have a solid lead over Donald Trump in the polls. “So let’s talk about where the race is, because in some battleground states, the polls seem to have been narrowing. Let’s put it up here Arizona. Trump still leads, though one poll has got Harris up by two. Same thing in Nevada. Wisconsin, Trump holds a very narrowly missed Michigan. Trump is ahead, but Harris is up 11 in one new poll, which I think might be an outlier. Trump continues to lead in Pennsylvania, North Carolina and Georgia. He’s still got the advantage, Karl, but she’s gaining momentum, there’s no question,” began anchor John Roberts.

Karl Rove on Fox News Predicts Kamala Harris’s ‘Momentum’ Will Soon Give Her a Solid Lead Over Trump

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

August has arrived and that means this month's Social Security payments will soon be reaching bank accounts. The way the days are lined up this month may make it seem you're waiting a bit longer to get your payment, so we'll break it all down and fill you in when you can expect to get yours. If you're still waiting on your check from July, check out why it may not have arrived and what you can do about it.

Social Security August 2024: This Is When You'll Get Your Check This Month

Markets Insider

Wharton's Jeremy Siegel said the Fed needed to cut rates an emergency 75 basis points ahead of its next policy meeting.

An emergency rate cut in the next week is looking more likely

To the extent that you have an opinion on something like high-frequency (HF) radio, you probably associate it with amateur radio operators, hunched over their gear late at night as they try to make contact with a random stranger across the globe to talk about the fact that they’re both doing the same thing at the same time. In a world where you can reach out to almost anyone else in an instant using flashy apps on the Internet, HF radio’s reputation as somewhat old and fuddy is well-earned.

Radio Apocalypse: HFGCS, The Backup Plan For Doomsday

CNBC host Jim Cramer attributed the massive stock selloff at the opening bell Monday to the happenings overseas — arguing the U.S. indices were “doubled down by fright.” The Dow Jones plunged on Monday right at the bell on the heels of a global market sell-off that was driven by escalating U.S. recession fears. Japan’s […]
The post WATCH: CNBC’s Jim Cramer Reacts in Real Time to Stock Market Getting Absolutely Shelled at the Opening Bell first appeared on Mediaite.

WATCH: CNBC’s Jim Cramer Reacts in Real Time to Stock Market Getting Absolutely Shelled at the Opening Bell

If you cook dinner every night, especially for a family or other group of people, meal prepping can be a valuable tactic for balancing that difficult nightly grind of preparing, cooking and serving food. While some foods are fine to prepare well in advance of eating, you might want to reconsider making large amounts of grains like rice or pasta -- both leftovers could raise the risk of illness.

Reconsider Eating That Leftover Rice if You Want to Avoid Food Poisoning

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?

UPROXX


	Cardi also revealed she has spent $400K on jewelry this month.

Cardi B Comes Through With Receipts To Shut Down Rumors That She Has Financial Troubles

NewsBreak

Charles Schwab, Fidelity and Vanguard Among Investment Sites That Crashed This Morning

Multiple investment platforms, including Charles Schwab, Fidelity, Vanguard, Ameritrade, eTrade and Robinhood, reportedly went offline for a few hours beginning around 9 a.m. ET today. According...

Charles Schwab, Fidelity and Vanguard Among Investment Sites That Crashed This Morning

Comments / 0