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Manufacturers are mired in a slump, ISM finds, and aren’t adding much to the U.S. economy
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MarketWatch - Business
Businesses show biggest contraction since pandemic, ISM finds. The economy may be weakening.
Service-oriented companies such as hotels, banks and retailers that dominate the economy contracted in June for the second time in three months in another sign growth in the U.S. is slowing. -
CNBC - Business
'Early innings' of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials
Tema's American Reshoring ETF looks to benefit from deglobalization and U.S. job creation. -
MarketWatch - Business
2-year Treasury yield ends at almost three-week low after ISM data offers signs of waning U.S. growth
Treasury yields finished lower on Wednesday for a second straight session after the Institute for Supply Management’s index of services businesses produced its lowest reading since the height of the pandemic in May 2020. -
CBS News - Top stories
Homes are unaffordable in 80% of larger U.S. counties, analysis finds
Across much of the U.S., owning a home now requires spending more for housing than experts generally recommend. -
Yahoo News - World
Hyundai and LG open Indonesia’s first EV battery manufacturing plant
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NBC News - Top stories
Some women aren't looking for a 'man in finance' — despite the viral song
Women would rather someone “fun and vibrant and exciting” than a man in finance–but they wouldn’t mind if their date grabbed the bill. -
ESPN - Sports
Sources: Lakers' Redick adding McMillan, Brooks
Lakers coach JJ Redick is hiring Nate McMillan and Scott Brooks, who have a combined 31 seasons of head-coaching experience, as his top assistants, sources told ESPN.NBA -
The Hill - Politics
Biden campaign hits Trump over 'Black jobs' remark in new ad
The Biden reelection campaign has launched a new ad hitting former President Trump for his comments about “Black jobs” at the presidential debate. In response to the first 2024 general election debate’s only question regarding Black voters, Trump ...Joe Biden -
Yahoo Sports - Sports
Tricky moves the Lakers must make to build around LeBron, AD
LeBron and Bronny are in the fold and getting paid. LA also has a new coach and its staff is taking shape. But check out the work Rob Pelinka still has ahead of him.NBA -
NBC News - Top stories
July 4 travel hitting new record thanks to lower gas prices, humming economy
Travelers heading out for the July 4 holiday can expect plenty of company this year.
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MarketWatch - Business
How Kamala Harris’s policies may differ from Biden’s, if she’s the Democratic nominee
If President Joe Biden were to bow out of the White House race, Vice President Kamala Harris is widely viewed as mostly likely to take his place as the Democratic nominee. So what would her policy proposals look like?Joe Biden -
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Is it ‘Joe-ver’ for Biden? It’s now up to the donors.
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Trump Media to buy assets of WorldConnect Technologies in all-stock deal
Trump Media & Technology Group on Wednesday said it will acquire substantially all of the assets of WorldConnect Technologies.Donald Trump -
MarketWatch - Business
Two more luxury-fashion players could join forces — with the backing of Amazon, report says
Upscale fashion retail chains Saks Fifth Avenue and Neiman Marcus could soon join forces and get a financial boost from Amazon.com Inc., according to a report on Wednesday, as luxury brands consolidate amid a slump in demand. -
MarketWatch - Business
EXCLUSIVE: Famed NYC restaurant Serendipity 3 is opening a Times Square location
EXCLUSIVE: The privately owned business, a celebrity magnet that’s beloved for its frozen hot chocolate, joins such national brands as Hershey’s and Hard Rock Cafe in the tourist-centric locale