24/7 Wall St.

The Federal Reserve was unlikely to cut rates next week, but Wall Street anticipates a September reduction. Investors are largely expecting an easing cycle to begin, with more interest rate cuts from the Fed materializing in 2024 and 2025. Stocks recently surged on this anticipation, as investors price in what this will mean for stocks […]
The post Fed Alert: If Rates Come Down, These Are 3 Stocks Are Going to Soar appeared first on 24/7 Wall St..

Fed Alert: If Rates Come Down, These Are 3 Stocks Are Going to Soar

The Independent

Global equities markets began the week with a steep plunge, reacting to the possibility of a coming US recession that Goldman Sachs economists pegged at 25 percent.On Monday morning, the Dow Jones Industrial Average fell 945 points, or nearly 2.5 percent, to ​​38,791.28. In simple terms, if on Friday you had $100 in a fund tracking the Dow, you would now have about $97.50. The two other major indexes, the S&P 500 and the Nasdaq Composite, were down mid-morning by roughly 3 percent and 6 percent, respectively. At the end of the session, the Dow was down 2.6 percent, sliding...

Experts are warning of a global recession. Here’s what that actually means

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

Markets Insider

Stocks could see a 1995-like rally after the Fed cuts rates, said Wells Fargo's head of global investment strategy.

Stocks will embark on a run of gains unseen in 30 years after the Fed cuts rates, Wells Fargo strategy chief says

Global markets experienced a dramatic $6.5 trillion decline, dubbed the “Great Unwind,” due to a sudden shift in financial and geopolitical priorities. The Dow Jones plunged over 1,000 points amid fears of economic turmoil but later recovered slightly. Uncertainty remains about whether this stability will persist. August’s market volatility, often linked to lower trading volumes […]
The post Market Crash 2024: These Are 3 “Protection” Stocks You’ll Want to Own appeared first on 24/7 Wall St..

Market Crash 2024: These Are 3 “Protection” Stocks You’ll Want to Own

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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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

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

Juggling a job, social responsibilities and taking care of yourself and your family can take a toll on your mental health. If you're taking on more than you can handle, your body may warn you that burnout is on the horizon. However, burnout isn't exactly a mental health diagnosis, says...

3 ways your body is letting you know you're experiencing burnout, from a psychologist

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

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

Nervous investors may be wondering if semiconductor stocks are still a good bet for the rest of this year. Wall Street expectations are especially high for Astera Labs.
The post Prediction: This Semiconductor Stock Will Be the Best Performer the Rest of 2024 appeared first on 24/7 Wall St..

Prediction: This Semiconductor Stock Will Be the Best Performer the Rest of 2024

Jersey City, NJ

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Essex County, NJ

Morristown Minute

NEWARK, N.J. – Efrin Wade, a former correctional officer at Essex County Correctional Facility (ECCF), has admitted to accepting $14,000 in bribes to smuggle contraband, including tobacco and a cell phone, into the facility for inmates. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Correctional Officer Guilty of Smuggling Contraband: $14K in Bribes Accepted

Consumers are spending again, but not so much on beauty and wellness. Estée Lauder (EL) reported quarterly earnings on Monday that revealed shoppers in the U.S. and in China remain cautious – so much so that the cosmetics giant is bracing for a decline. Suggested Reading. The company...

Estée Lauder’s glamour is fading as beauty sales tumble

The Motley Fool

The tech-centric index has had a wild ride this year, but technology stocks have a long runway ahead, according to Wall Street.

2 Nasdaq Stocks to Buy Before They Soar as Much as 102%, According to Select Wall Street Analysts

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

More than 80% of Singapore's residents live in public housing flats, which are built, sold and subsidized by the government. From Tuesday, buyers of HDB flats won't be allowed to borrow as much as before. The loan-to-value limit for Housing Development Board loans will be lowered from 80% to 75%, the government said.

Singapore introduces measures to cool the public housing market

Reuters

(Reuters) - Regional lenders at the heart of last year's banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a wave of consolidation in the sector that may attract anti-trust scrutiny.

Analysis-US regional bank deals rise as lenders aim to bolster balance sheets

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. : "Datadog is a hugely fabulous company, and there were people who were trying to buy it for $20 billion before it ever became public. My problem is that it's just the definition of enterprise software...there's too many people in that business, so I am going to have to reiterate, I don't trust it yet, but it is a very good company."

Cramer's Lightning Round: KKR is a 'really great company'

San Francisco, CA

CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

CNBC TechCheck Evening Edition: August 19, 2024

LONDON (Reuters) - A potential upgrade for Argentina to emerging market status from index provider MSCI could see nearly $1 billion in investor money pour into the country's stocks, JPMorgan said on Tuesday.

MSCI reclassifying Argentina could trigger $1 billion of inflows, JPMorgan says

NewsBreak

European stocks dip lower as market uncertainty lingers; Sweden's Riksbank cuts rates

LONDON — European stocks moved lower Tuesday afternoon, as market uncertainty over the outlook for interest rate cuts lingers. Shares of Danish biotech company Zealand Pharma...

European stocks dip lower as market uncertainty lingers; Sweden's Riksbank cuts rates

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