The Motley Fool

The estimated $31.3 billion Buffett has put to work in Apple is dwarfed by the amount of money he's spent regularly purchasing shares of this top-performing company.

Billionaire Warren Buffett Has Purchased $77 Billion of His Favorite Stock, Which Is More Than Double What He's Spent Buying Shares of Apple!

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

Business Times

JetBlue Airways Corp., the New York-based airline known for its budget-friendly service, has embarked on a significant financial maneuver, launching a $2.75 billion debt sale backed by its loyalty program, TrueBlue. The move comes as the airline seeks to bolster its reserves and fund general corporate operations amid challenging economic conditions. However, the decision has not come without repercussions, as both Moody's Ratings and S&P Global Ratings downgraded the airline's credit rating, reflecting concerns over its financial stability.

JetBlue’s $2.75 Billion Debt Sale Triggers Downgrades Amid Financial Restructuring

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

Parking tickets are the latest vector for scammers to empty out bank accounts from New York to Southern California. Calgary became the latest North American city to address the growing trend of fake tickets on Tuesday. The Canadian city’s parking authority advised drivers to destroy fake tickets that are cropping on windshields and not to attempt to pay those fines.

Bank accounts are being emptied thanks to scammers using fake parking tickets

North Carolina State

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Roxboro, NC

Town Talks

According to Travel alot, Roxboro, North Carolina, holds the unfortunate title of the most miserable city in the state. Several factors contribute to this designation, including high poverty rates, low median household income, and high crime rates.

North Carolina City Named The 'Most Miserable' In The State

Total Apex Sports & Entertainment

In the charmingly delightful world of astrology, you should know that each of the zodiac signs carries a specific set of traits. Those characteristics influence how individuals navigate the challenges they may meet in life. Some signs are known for their over-the-top boldness. These are the people who usually have such a strong willingness to face conflicts head-on.

3 Zodiac Signs That Hate Confrontation

The low price of Bitcoin when it was launched and how much the digital asset has grown over the years has been a constant source of regret and awe for investors who found out about the cryptocurrency early. Mainly, the potential to turn a small amount into millions is what has drawn countless investors into Bitcoin and to the crypto industry. So, this report takes a look at how much you would’ve made if you spent $100 buying BTC 14 years ago from today.

Here’s How Much You Would Have If You Bought $100 In Bitcoin 14 Years Ago

Florida State

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Akeena

Red Lobster, the popular seafood chain, has confirmed additional closures in Florida, adding to its recent wave of shutdowns following the company’s bankruptcy filing in May. The latest round of closures includes two more Florida locations, highlighting the ongoing struggles of the iconic restaurant chain.

Popular seafood chain announces more closures in Florida

Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

NewsNinja

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

NBC News

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more than 1% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of...

Starbucks is reeling as customers go elsewhere, sales decline

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

People are getting impatient with the Federal Reserve.

The Fed is about to do something it hasn’t done since the pandemic

Kentucky State

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Northern Kentucky Tribune

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

Texas State

Instead of focusing on Tesla’s plummeting profits and sales slump, CEO Elon Musk is busy suing various companies and organizations for taking issue with his bigotry. The lawsuits are generally laughable, but he does have an ace up his sleeve — a Texas judge who’s proven to be incredibly friendly to Musk. NPR reports the judge also owns thousands of dollars in Tesla (TSLA) stock, but apparently, that’s not enough of a conflict of interest to get him off Musk’s cases.

Judge in Elon Musk's Texas lawsuits owns thousands of dollars worth of Tesla stock

The Guardian

Cracks in labour market provide Trump with evidence for his message that Biden has been disaster for the economy

Warning signs of US recession may be bad news for Kamala Harris

Newark, NJ

Morristown Minute

NEWARK, N.J. – Nygee Johnson, also known as “Gito,” a 25-year-old member of the Rollin’ 60s Neighborhood Crips, has admitted his role in a racketeering conspiracy. The announcement was made today by U.S. Attorney Philip R. Sellinger. Johnson pleaded guilty before U.S. District Judge Susan D. Wigenton in Newark federal court on July 17, 2024, to a superseding indictment charging him with Racketeer Influenced and Corrupt Organizations (RICO) conspiracy.

Rollin' 60s Crips Member Pleads Guilty to Racketeering

Denver, CO

David Heitz

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Chicago, IL

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?

NewsBreak

JetBlue just unleashed $2.75 billion worth of disappointment

JetBlue Airways (JBLU) isn’t letting bad credit stop it from loading up on debt. Bloomberg reports that the company is preparing to take on $2.75 billion...

JetBlue just unleashed $2.75 billion worth of disappointment

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