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

Markets Insider

Indexes rose Thursday as investors reacted to a surprisingly strong increase in retail sales and lower jobless claims.

Stock market today: Dow soars 555 points as strong economic data calms recession worries

There is talk of an emergency rate cut from the Fed following Monday's market meltdown, as Japan recovered most of its losses on Tuesday.

Markets are rebounding after Monday's massive meltdown, making rate decisions harder for the Fed

Federal Reserve Chair Jerome Powell signaled Friday that lower interest rates are coming soon. Everything from car loans and mortgages to credit cards will be impacted once the Fed starts trimming its benchmark. Here's how to make the most of this policy shift. Last week, Federal Reserve Chair Jerome Powell...

5 top money moves to consider before the Federal Reserve's first rate cut since 2020

September S&P 500 E-Mini futures (ESU24) are up +0.27%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.22% this morning as market participants shrugged off Nvidia’s underwhelming sales forecast and looked ahead to a raft of U.S. economic data. Nvidia (NVDA) fell over -2% in pre-market trading as...

Stocks Rise Before the Open as Investor Focus Turns to U.S. Economic Data

CLBK - Free Report) announced that it has received all regulatory approvals from the Office of the Comptroller of the Currency to complete Freehold Bank’s merger into the company. The transaction and system integration are anticipated to be completed on Oct. 5, 2024, subject to customary closing requirements. Despite...

Columbia Financial Gets Regulatory Nod to Merge Freehold Bank

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NewsNinja

‘Any meat items my dogs refuse to eat, I no longer eat.’ It’s said that animals have a “sixth sense,” which affords them an insight human beings cannot match. There are clips of security camera earthquake footage where pets can be seen wigging out seconds before tremors begin.

‘It ain’t food anymore.’: Dairy Queen customer warns against chicken after his dog refuses to eat it

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J. Souza

Tipping on cruise ships is always a controversial topic. Some cruise passengers believe that tipping should be a personal choice, and others argue that automatic tipping policies are necessary to ensure fair compensation for crew members.

Carnival Responds to Cruise Passenger Wanting to Remove All Tips from Bill

During the Great Recession, the S&P 500 declined by 38%. Companies focused on providing low-priced consumer goods proved to be market-beating investments during that time. These stocks may offer your portfolio some safety if a recession takes place next year. Are you worried about a possible recession next year? It's...

3 Stocks That Outperformed the S&P 500 During the Great Recession

Fox Business

Experts worry that a climb in sausage sales indicates economic turmoil as Americans seek cheaper meat alternatives amid recession fears.

Soaring sausage sales could indicate economic turmoil as consumers turn away from costlier meats

PYMNTS

Consumer spending and private inventory investment are driving an increase in real gross domestic product (GDP), the Bureau of Economic Analysis (BEA) said Thursday (Aug. 29). Real GDP increased at an annual rate of 3% in the second quarter, according to the BEA’s second estimate released Thursday. That figure is up from the agency’s advance estimate of 2.8%, which was issued in July, and the 1.4% increase that was seen in the first quarter.

Consumer Spending and Private Inventory Investment Lift GDP 3%

North Miami, FL

Akeena

In a landmark real estate transaction, Vilma Vilarino Knips, owner of Las Vegas Cuban Cuisine Restaurants, and her husband James Knips, who owns the Christmas Palace decoration store, have sold their newly built mansion on Biscayne Bay for a staggering $20.75 million. This sale has set a new record for North Miami, surpassing previous high-water marks in the city's real estate market.

Florida Mansion Sold for Record $21 Million by Restaurant Owner

South Carolina State

Florida State

Recent data from the U.S. Census Bureau reveals a significant trend: Florida is experiencing a substantial outflow of residents. According to the latest figures, over 275,000 individuals left Florida for other states in 2022.

Florida Sees Surge in Departures as Hundreds of Thousands Move Out

This stock has crushed the broader S&P 500 since its IPO in 1981. A much larger store base has helped generate significantly greater revenue and earnings. Despite a slowdown, demand should pick up and be healthy for several years into the future. This dominant company has done a fantastic job...

1 Stock That Turned $1,000 Into Nearly $30 Million

NBC News

The Dow Jones Industrial Average climbed to a record Thursday, as Wall Street tried to resume its comeback from a steep sell-off earlier this month. The 30-stock index rose 243.63 points, or 0.59%, for a fresh record close of 41,335.05. Gains in Goldman Sachs, Intel and Visa helped lift the blue-chip average to a new high. The S&P 500 ended the session just below the flatline at 5,591.96. The Nasdaq Composite slid 0.23% to end at 17,516.43.

Dow stock index adds more than 200 points, closes at a record high

24/7 Wall St.

With over a year of interest rates continuing to remain above 5%, many investors appear to be taking a more defensive approach to portfolio construction. That’s not to say that capital is increasingly flowing into mega-cap companies that are generally considered to be safer due to their size. In fact, a rotation has been building […]
The post 3 Stocks That Will Pop From a Big Interest Rate Cut appeared first on 24/7 Wall St..

3 Stocks That Will Pop From a Big Interest Rate Cut

Newark, NJ

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Morristown Minute

NEWARK, N.J. – Kareem Green, also known as "Try Me," a 32-year-old member of the Rollin’ 60s Neighborhood Crips gang, has admitted to his involvement in a racketeering conspiracy, according to an announcement by U.S. Attorney Philip R. Sellinger.

Rollin' 60s Crips Member Pleads Guilty to Racketeering & Cocaine Charges

Stocks fluctuated over the course of the trading session on Friday before eventually ending day sharply higher. The Dow closed higher for the fifth time in the past six sessions, reaching a new record closing high. The major averages reached new highs for the session going into the close of...

U.S. Stocks Fluctuate Before Closing Sharply Higher

NVIDIA (. NVDA - Free Report) reported robust second-quarter fiscal 2025 results. The AI darling topped both earnings and revenue estimates and offered a bullish revenue outlook for the current quarter but failed to live up to investors’ lofty expectations (read: NVIDIA's Stock Awaiting $300 Billion Impact? ETFs in Focus).

Buy the NVIDIA Dip with ETFs?

Missouri State

CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

NewsBreak

3 Must-Buy Funds as Consumer Confidence Rebounds in August

FSRPX - Free Report) , Fidelity Select Leisure Portfolio (. FDLSX - Free Report) and Fidelity Select Consumer Staples Portfolio (. On Aug. 27, the Conference...

3 Must-Buy Funds as Consumer Confidence Rebounds in August

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