Tom Lee, Fundstrat Global Advisors Co-Founder, joins 'Closing Bell' to discuss the market sell-off and bounce and the jobless claims numbers.

The worst of the selling pressure is behind us, says Fundstrat's Tom Lee

BlackRock executive Samara Cohen thinks Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) will be allocated to model portfolios by the end of this year and into 2025. Model portfolios are a basket of different investments crafted by a financial advisor, according to the financial services firm Morningstar. Cohen, BlackRock’s...

BlackRock Executive Predicts Bitcoin and Ethereum Become Part of Model Portfolios by 2025

Reuters

BEIJING (Reuters) - The non-performing loan ratio of commercial banks in China was 1.56% at the end of June, down 0.03 percentage points from the end of the previous quarter, the National Financial Regulatory Administration said on Friday.

Chinese commercial banks' non-performing loan ratio at 1.56% at end-June

TheStreet

The market's benchmark volatility gauge, while in retreat, is still pegged at the highest levels in more than two years.

Stock Market Today: Stocks higher on jobs data as markets eye volatility wave

24/7 Wall St.

24-7 Wall Street Insights Small-cap stocks are showing signs of breaking out of a bear market that has lingered since 2022. The Russell 2000 is the primary benchmark index for tracking small-cap companies. Investors interested in investing in the Russell 2000 Index can invest in ETFs with accurate tracking of the index and historically solid […]
The post Index Funds With 40% Upside in 1 Year According to Wall Street Expert appeared first on 24/7 Wall St..

Index Funds With 40% Upside in 1 Year According to Wall Street Expert

CNBC's Megan Cassella joins 'The Exchange' to discuss the latest developments in political news leading up to the 2024 presidential election.

Harris aide: Harris believes Fed should make decisions independent of the president

Warren, MI

Stellantis will indefinitely lay off up to 2,450 U.S. plant workers in Warren, Michigan, later this year as it discontinues production of an older version of its Ram 1500 pickup. The company has not announced a vehicle to replace the truck. The layoffs are expected to start as soon as...

Stellantis laying off 2,450 plant workers due to discontinuation of Ram 'Classic' pickup truck

Sen. Elizabeth Warren sent a letter to Tesla Chairperson Robyn Denholm on Thursday concerning CEO Elon Musk and possible breaches of his fiduciary duty to the company. Warren wants to know whether the board has ever bothered to investigate Musk's use of Tesla resources to benefit his other companies, including SpaceX and xAI.

Tesla's board faces questions from Elizabeth Warren about Musk's corporate 'entanglements'

NEW YORK (Reuters) - Sharpie pen maker Newell Brands is moving some production of kitchen appliances out of China and has relocated manufacturing for its writing business to Tennessee as it faces "uncertainty" on tariffs ahead of the U.S. presidential election, Newell CEO Chris Peterson said in an interview with Reuters.

Sharpie-maker Newell moves more operations from China as tariffs loom

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?

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

An airplane carrying 57 passengers and four crew members crashed in Brazil on Friday, killing everyone on board, the airline operating the flight said. The Voepass Linhas Aéreas flight took off from Cascavel and was headed to the São Paulo-Guarulhos International Airport when it crashed, according to an earlier statement from Voepass Linhas Aéreas.

All 61 people aboard plane killed in Brazil crash

Chris Pyle spends the entirety of his workdays wearing a white tank top and boxer shorts, sitting in a recliner. It's an unusual setting for a mechanic, but a profitable one. Pyle started answering strangers' questions about their gas and diesel engines on JustAnswer as a side hustle in October 2006.

45-year-old mechanic quit his full-time job for his side hustle—now he makes $14,200 a month: My paycheck is 'very consistent’

BMO is offering up to $500 in cash bonuses on its Smart Advantage Checking Account, Smart Money Checking Account and Relationship Checking Account. If you open an account by September 9, you can cash in on one of the account bonuses, provided you meet some requirements. Here's what you need to know.

BMO is offering three checking account bonuses of up to $500 — here's how to get it

Stocks clawed back most of the losses from early in the week after five days of historic volatility on Wall Street.

Stock Market Today: Stocks mixed after rollercoaster week

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

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The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Minnesota State

Minnesota Gov. Tim Walz, the Democratic running mate of Vice President Kamala Harris, owns no stocks, bonds or real estate, according to his most recent financial disclosure. Walz's modest financial profile stands in stark contrast to that of Republican presidential nominee Donald Trump, who is a billionaire several times over, and to Trump's running mate, Sen. JD Vance of Ohio.

Harris running mate Gov. Tim Walz owns no stocks, bonds or real estate, disclosure shows

Nearly half of student loan borrowers are anticipating debt forgiveness in the future. While there are ample opportunities for relief, consumer advocates warn families not to make borrowing decisions based on the assumption that they won't have to repay the debt. Nearly half — 48% — of student loan borrowers...

Nearly half of student loan borrowers are expecting debt forgiveness, Sallie Mae report finds

Coral Gables, FL

Akeena

Big news from Coral Gables: a stunning waterfront property has just been sold for a jaw-dropping $17.45 million. If you’re into real estate or just love a good mansion story, you’ll want to hear this.

Billionaire Family Snaps Up Florida Mansion for $17.5 Million

NewsBreak

SGX president discusses the scale and depth of Yen carry trade on their Nikkei derivatives platform

Michael Syn of the Singapore Exchange says the mass selloff in the...

SGX president discusses the scale and depth of Yen carry trade on their Nikkei derivatives platform

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