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

When institutional investors are buying stocks, it's generally seen as a positive sign for those picks. This is because institutional investors, with their immense resources and research capabilities, tend to invest unemotionally, and only after thorough due diligence by a team of seasoned, experienced market veterans. These institutions tend to be adept at profitable and strategic stock-picking for the long term, and are unlikely to overreact to temporary bouts of volatility.

6 High-Conviction Stock Picks to Buy for September 2024

John Woods of Lombard Odier discusses portfolio positioning during what he calls a "strategic waiting" period ahead of anticipated Fed rate cuts.

Lombard Odier: Overweight U.K. equities amid uncertainties

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

Investors across the world are eagerly waiting for a possible interest rate cut by the U.S. Fed in its September FOMC meeting. Expectations for a rate cut next month rose following Fed Chairman Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium on Aug. 24. The release of several favorable economic data last week, further strengthened market participants’ confidence.

Grab These 2 Consumer Discretionary Stocks on September Rate Cut Hope

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

24/7 Wall St.

Everyone knows Microsoft (NASDAQ: MSFT) and its best-known products, including the Windows operating system and Microsoft 365 suite of productivity apps, but its growing cloud computing platform, Azure, is the future of the company. Microsoft stock has been a millionaire maker for decades, with a stock split-adjusted IPO price of $0.14, which means at today’s […]
The post Microsoft (MSFT) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..

Microsoft (MSFT) Price Prediction and Forecast 2025-2030

In 2021, I was 36 years old, and I had a big year. Thanks to the income streams that grew from my blog and podcast, I started making enough passive income to quit my 9-to-5. This financial freedom made me start to think about what other goals I wanted to achieve, starting with what I wanted from my environment.

My dream was to own a home in Puerto Rico—at 37, I bought an oceanfront condo: Take a look inside my 'slice of paradise'

Researchers from MIT published a paper showing the risk of dying on a commercial flight globally was 1 per 13.7 million passenger boardings from 2018 to 2022 — a big improvement from decade before, and far cry from the one death for every 350,000 boardings that occurred in 1968-1977.

Is flying less safe? A new MIT study shows how risks are changing

Despite being a child of Kenyan coffee farmers, it took a trip to America, an MBA at Harvard and a short stint in investment banking for Margaret Nyamumbo, 36, to realize she could build a profitable coffee business while giving back to the sort of farms that raised her. In 2023, her business Kahawa 1893 sold more than $3 million worth of coffee.

I left my job on Wall Street — now my coffee company brings in $3 million a year

The Hill

Former President Trump on Sunday night appeared to gloat in response to the global market sell-off and suggested his Democratic rivals were to blame. “STOCK MARKETS CRASHING. I TOLD YOU SO!!! KAMALA DOESN’T HAVE A CLUE. BIDEN IS SOUND ASLEEP. ALL CAUSED BY INEPT U.S. LEADERSHIP!” Trump wrote on his Truth Social platform late Sunday night.

Trump reacts to global stock-market sell-off: ‘I told you so!!!’

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J. Souza

What happens when a cruise passenger forgets a personal item on the cruise ship?. Once someone has disembarked the ship at the final port there is no going back. Even if they know exactly where they left something and want to retrieve it, they won't be able to get it.

I Left My Husband's Glasses on the Ship: Cruise Line Explains to Passenger How to Get Items Back

On a national level, the U.S. offers few legal protections for its workers. The federal minimum wage has remained $7.25 per hour since 2009, for example, and, though there is federal protection for unpaid family leave for some workers, the country offers neither paid family nor paid sick leave. But...

The 5 best U.S. states for workers: 'In one of those states, you're going to be better off'

Chinese electric car giant BYD sold a record number of passenger vehicles in August, with sales of hybrids growing faster than those of battery-only cars. Li Auto, best known for its range-extender vehicles, reported 48,122 deliveries in August, down from a record 51,000 in July. Geely-backed Zeekr reported a month-on-month...

BYD sales hit a record in August despite broader China EV slowdown

Few Gen Z adults are saving for retirement. Just in 1 in 5 members of Gen Z, those born between 1997 and 2012, are contributing to a retirement account, according to a recent Bank of America survey. That hesitancy to invest might be driven by fear, as “a lot of...

This type of retirement account is a ‘golden egg’ for young people, says CFP—here’s why

Israeli Prime Minister Benjamin Netanyahu on Monday pushed back against a new wave of pressure to reach a cease-fire deal in Gaza after hundreds of thousands of Israelis protested and went on strike and U.S. President Joe Biden said he needed to do more after nearly 11 months of fighting.

Netanyahu pushes back against new pressure over Gaza and hostages: ‘No one will preach to me’

Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European Central Bank interest-rate cut.  Lithuania recorded the lowest inflation rate in August across the eurozone, at 0.7 percent, Eurostat data showed. 

Eurozone inflation falls to three-year low in August

Reuters

WELLINGTON (Reuters) - Consumer confidence in New Zealand improved in August and while historically still weak it is well off its lows, a survey showed on Friday. The ANZ-Roy Morgan consumer confidence index rose to 92.2 from 87.9 in the previous month. A reading above 100 shows optimism, while below that indicates pessimism.

New Zealand consumer confidence lifts in August, survey shows

BUENOS AIRES (Reuters) - Brazil's economy kept growing at a solid pace last quarter compared to the first three months of the year, supported by household expenditure, a Reuters poll predicted. But higher imports of goods and services likely weighed on the country's growth after surpassing less-dynamic exports at the...

Brazil's Economy Expected to Have Grown at Solid Pace in Second Quarter

The S&P 500 Index ($SPX) (SPY) today is up +0.62%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.04%. Stocks are moderately higher today on positive corporate and economic news. Intel is up more than +9% after Bloomberg News reported that the company is discussing various scenarios, including a split of its product design and manufacturing businesses. Also, Autodesk is up more than +3% after reporting better-than-expected Q2 net revenue and boosting its full-year revenue forecast. In addition, MongoDB is up more than +15% after reporting Q2 adjusted EPS well above consensus and raising its 2025 adjusted EPS forecast.

Stocks Climb on Positive Economic News

NewsBreak

European markets close flat on first trading day in September; Rightmove jumps 27%

LONDON — European stocks closed flat on the first trading day in September as investors considered the outlook for markets. The pan-European Stoxx 600 closed 0.04%...

European markets close flat on first trading day in September; Rightmove jumps 27%

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