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

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

The Motley Fool

These companies became titans by dominating a single industry, but they're now expanding and seeing success in other areas.

These 2 Dow Stocks Are Set to Soar in 2024 and Beyond

Super Micro Computer has achieved a leadership position in the artificial intelligence (AI) server market due to internal manufacturing capabilities and a unique building-block approach to product design. Supermicro missed earnings estimates by a wide margin in the most recent quarter, but margins should improve as liquid cooling solutions reach...

1 Stock-Split AI Stock to Buy Before It Soars 185%, According to a Wall Street Analyst

Berkshire Hathaway's record cash position signals that Warren Buffett and his team are struggling to find value on Wall Street. A historically pricey stock market has led to seven consecutive quarters of net-equity security sales for Berkshire's investment team. Buffett is patiently waiting for the next large-scale opportunity to present...

Warren Buffett's Once-Silent Warning to Wall Street Has Turned Into a $277 Billion Deafening Roar

Los Angeles County, CA

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Herbie J Pilato

[Note: Unless otherwise indicated, the commentary and quotes in this article are from the author's interview with those mentioned.]. Elizabeth Montgomery was one of the most popular actors from the 1950s to her unfortunate passing from cancer in 1995. Before, during, and after her benchmark Emmy-nominated role as twitch-witch Samantha Stephens on TV's Bewitched (ABC, 1964-1972), Montgomery made over 200 additional appearances in other weekly shows, TV-movies, and feature films.

'Bewitched' Star Elizabeth Montgomery Received Death Threats for Protesting the Vietnam War

Kiplinger

Warren Buffett's Berkshire Hathaway sold Apple and Snowflake but picked up Ulta Beauty and Heico, among other moves in Q2.

7 Stocks Warren Buffett Is Buying (and 10 He's Selling)

Las Vegas, NV

Zoreen Kabani always assumed she'd go into a traditional professional field. The 37-year-old's family immigrated from Pakistan to California when she was 14 and those were the paths she knew. In Pakistan, the cultural expectation is "you either are in finance or you're an engineer or you're a doctor," she says.

37-year-old went from working in finance to bringing in more than $100K a month selling clothes

Nvidia stock is falling amid broader market sell-offs.

Amid a 14% Sell-Off, Nvidia Just Hit Investors With a Rude Awakening. What Should Investors Do?

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

Many people who borrow private student loans are required to get a co-signer, a requirement that can spread the pain if repayment becomes a challenge. "It's very, very difficult to get off of the loan if you are a co-signer," said Anna Anderson, a staff attorney at the National Consumer Law Center. "We've seen how this can destroy families."

This 85-year-old mom co-signed her daughter's student loan years ago. Now she fears the lender may take her house

Teachers play a critical role in society, tasked with molding young people into the adults that shape the future. But teachers don't get paid as much as many other professionals. The median annual salary for high school teachers is $65,220, according to the Bureau of Labor Statistics. That's as compared to $130,160 per year for software developers and $145,760 per year for lawyers.

3 side hustles for teachers—one can pay as much as $100 per hour

Bennington, VT

Small-town residents are longing for new food options, and Chipotle's successful playbook is leading it and other other fast-casual restaurant chains, including Cava and Panda Express, to eye more stores in rural America. Covid dealt a death blow to independent diners, leaving an opening for national operators in towns where...

From Chipotle to Cava and Panda Express, more big restaurant chains are rapidly expanding into small town America

Former SEC Chair Jay Clayton joins 'Squawk Box' to discuss the rise of Vice President Kamala Harris, state of the economy, what to make of Kamala Harris' economic agenda, and more.

Former SEC Chair Jay Clayton: Blaming grocery store owners & others for economic problems is wrong

Detroit, MI

United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video Friday afternoon. Fain accused the chief executive of price gouging consumers and failing to uphold parts of the union's labor contract with the automaker. The comments are the latest in an ongoing back-and-forth...

UAW president slams Stellantis CEO over job cuts, alleged price gouging

Brent Thill, Jeffries analyst, joins CNBC's 'Squawk on the Street' to discuss the fate of the tech rotation, how to position, and more.

Rotation from AI infrastructure to software expected later in 2024, says Jefferies' Brent Thill

 Warren Buffett is betting big on this beauty brand. Warren Buffett’s Berkshire Hathaway halved its stake in Apple in the second quarter, a selloff that could cost the Omaha-based conglomerate more than what Coca-Cola brings in in a year. Suggested Reading. The average price of Apple stock that...

Warren Buffett's Apple stock selloff will cost $15 billion in taxes — more than what Coca-Cola makes in a year

[Note: Unless otherwise indicated, specific commentary and quotes from Tony Dow are from his direct interview with the author.]. It's been two years since the tragic death of beloved actor Tony Dow, best known for playing Wally Cleaver on the classic sitcom Leave It To Beaver, died at 77 years old.

Remembering Beloved 'Leave It To Beaver' Actor Tony Dow: 2 Years After His Tragic Death

Virginia State

Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. On July 28, 2024, a TikTok video posted by Erica W., known as @tasteofmelanin on the platform, garnered significant attention after she exposed disturbing racist decorations in an Airbnb rental. The incident occurred in a rental property that Erica had booked, although the exact location remains unspecified. The video has since gone viral, prompting widespread concern and leading to the removal of the listing from Airbnb's platform.

Airbnb Listing Taken Down After Black Woman Finds Hanging Monkeys and Cotton Used As Decor

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J. Souza

A retired military officer who had been struggling with post-traumatic stress disorder (PTSD) tragically died after jumping from the world’s largest cruise ship last month, authorities confirmed.

Cruise Passenger Who Jumped from World's Largest Ship After Dispute Suffered with PTSD

NewsBreak

CNBC Daily Open: Wall Street's 'dress rehearsal'

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know,...

CNBC Daily Open: Wall Street's 'dress rehearsal'

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