Columbus, OH

CBS News

Stocks in the U.S. plunged for a third consecutive trading day, with the Dow Jones Industrial Average tumbling more than 1,000 points amid growing fears of an economic downturn sparked by a slowdown in hiring and consumer spending. The S&P 500 slid 160 points, or 3%, to 5,186 on Monday, the index's biggest one-day drop in nearly two years, according to FactSet. The tech-heavy Nasdaq Composite sank 3.4% as investors fled some of the Big Tech players that until recently had powered the U.S. market higher — Apple shed 4.8%, while Meta and Nvidia, fell 2.5% and 6.4%, respectively. The Dow Jones...

Dow plunges more than 1,000 points amid U.S. recession fears

CBS New York

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

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

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?

WASHINGTON (Reuters) - The Federal Reserve issued new guidance on Monday for larger U.S. banks detailing how they should develop "living wills" detailing how they can be safely dissolved. The guidance, which generally applies to banks with over $250 billion in assets but not the largest globally systemic firms, matches...

Federal Reserve Issues 'Living Will' Guidance for Large US Banks

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

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

New York Post

The world’s wealthiest people were a little less rich following Monday’s meltdown on Wall Street.

Amazon founder Jeff Bezos — who is second only to Elon Musk on Forbes’ list of billionaires — was the biggest loser as his net worth shrank by $23 billion since the rout began Friday.

In all on Monday, the 10 wealthiest people on the Forbes list lost $36 billion.



Bezos’ fortune fell $6.4 billion after suffering a $17 billion decline Friday, — but still leaving him with a net worth valued at $180.7 billion, according to Forbes.

Amazon bleeding billions of dollars from money-losing Alexa speakers: report

Bezos has...

Jeff Bezos loses $23B as Wall Street meltdown slams world’s richest people

Utah State

SALT LAKE CITY (AP) — Results of a recount completed Monday in the Republican primary for Utah’s 2nd Congressional District showed incumbent U.S. Rep. Celeste Maloy still narrowly leads her opponent, who preemptively filed a lawsuit contesting the results. The Associated Press is not calling the race until...

Incumbent Maloy Still Leads After Recount in Utah US House Race, but Lawsuit Could Turn the Tide

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

Florida State

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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

MUNICH (Reuters) -German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting their net wider in investigations into one of Germany's biggest corporate scandals. Wirecard collapsed in June 2020 over a 1.9 billion euro ($2.1 billion) hole in its balance...

Two More Wirecard Executives Charged Over Accounting Scandal

Bucks County Beacon

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

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

Minnesota State

WASHINGTON (Reuters) -Democratic presidential candidate Kamala Harris selected Minnesota Governor Tim Walz to be her running mate on Tuesday, choosing a liberal policy champion and a plain speaker from the American heartland to help win over rural, white voters. Here are some reactions to her pick:. DEMOCRATIC PRESIDENT JOE BIDEN:

Reactions to Kamala Harris' Pick of Tim Walz for Vice President

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

BEIRUT (Reuters) -Israeli warplanes broke the sound barrier three times over Beirut in less than 30 minutes on Tuesday, leading to loud booms that sent people in the city running for cover just ahead of a speech by the head of the powerful Iran-backed group Hezbollah. Israeli warplanes flew low...

Panic in Beirut as Israeli Warplanes Break Sound Barrier Three Times

ANBAR, Iraq (Reuters) - Two Katyusha rockets on Monday were fired at Iraq's Ain al-Asad air base which hosts U.S. and other international forces in western Iraq, security sources said. It was not clear if the attack caused any casualties or damage inside the base, the sources said. One security...

Rockets Fired at Iraq's Ain Al-Asad Airbase Housing US Forces, Security Sources Say

Colorado State

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

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

NewsBreak

Wall Street Rallies to Bounce Back From Its Worst Day in Nearly 2 Years, as Japanese Stocks Soar

NEW YORK (AP) — U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much...

Wall Street Rallies to Bounce Back From Its Worst Day in Nearly 2 Years, as Japanese Stocks Soar

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