South Korean Stock Market Hits Highest Level in over 2 Years
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MarketWatch - Business
U.S. trade deficit jumps in May to highest level in 19 months
The U.S. international trade deficit widened 0.8% in May to $75.1 billion, the Commerce Department said Wednesday. It is the largest deficit since October 2022. -
MarketWatch - Business
Is your active mutual fund beating the U.S. stock market this year?
Professional stock pickers who run mutual funds focused on U.S. stocks struggled in June, with only a small majority beating their benchmarks in the first half of this year, according to BofA Global Research. -
Financial Times - World
What happened in the UK general election?
Labour secures landslide victory as Conservatives crash out of officeUnited Kingdom -
CBS Sports - Sports
Pirates hit 7 home runs, including 2 grand slams, in 14-2 win over Mets
The seven-homer game was the highest total for any team in 2024 and tied a Pirates franchise record for any seasonMLB -
MarketWatch - Business
Gold and silver futures end at highest levels since May after U.S. jobs data
Gold and silver futures posted their highest settlements since May on Friday, as downbeat U.S. economic data helped put pressure on the dollar and fueled expectations for an interest-rate reduction by the Federal Reserve. -
Yahoo News - World
South Korean opposition party leader's photo altered to show him with 'boycott Japan' banner
South Korea -
MarketWatch - Business
2-year Treasury yield ends at lowest since March on signs of deteriorating labor market
U.S. government debt rallied on Friday, sending the policy-sensitive 2-year yield to a more than three-month low, after government data showed that fewer jobs had been created in May and April than initially thought. -
CNBC - Business
SoftBank stock hits its first record high in 24 years — Arm and AI helped it get there
SoftBank shares have been boosted by the improved financial performance in the Vision Fund and by a rally in the stock of chip designer Arm. -
ABC News - Sports
Webb enjoys more Atlanta success as Giants ride Chapman's big hits to 4-2 win over Braves
Logan Webb recovered from a rough start in his latest strong performance at Truist Park as the San Francisco Giants beat Charlie Morton and the Atlanta Braves 4-2MLB -
ABC News - Sports
Seager hits a 2-run double and 5 Rangers pitchers combine for 3-hitter in 3-0 win over Rays
Corey Seager extended his hitting streak to 10 games with a two-run double and Michael Lorenzen combined with four relievers on a three-hitter as the Texas Rangers blanked the Tampa Bay Rays 3-0MLB -
CNBC - Business
Samsung shares hit over 3-year high after better-than-expected guidance on strong AI demand
Samsung said Friday it expects operating profit for the April to June quarter to be approximately 10.4 trillion won — a jump of about 1,452%. -
MarketWatch - Business
Is the stock market open on July 4 (and July 5)?
Expect plenty of closures on Independence Day, but some stores will be open. -
CBS News - Top stories
At least 2 swimmers bitten by shark off Texas' South Padre Island
Another two people encountered the same shark, but were not seriously hurt, officials said. -
Yahoo News - World
Mount Everest's highest camp is littered with frozen garbage, and cleanup is likely to take years
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The New York Times - World
Man Who Stabbed South Korea’s Opposition Leader Is Sentenced to 15 Years
The attack on Lee Jae-myung in January raised alarms about South Korea’s political polarization. His assailant was convicted of attempted murder. -
The Wall Street Journal - World
Tesla's Stock Rallies, Erasing Losses for the Year
Tesla shares have jumped about 25% this week on better-than-expected sales results, pushing the stock around the break-even point for 2024. -
The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
MarketWatch - Business
A Trump trade war won’t be good for the stock market, warns Dr. Doom
Nouriel Roubini, the economist who is nicknamed “Dr. Doom” for his often-gloomy predictions, says a Trump win could spark a stock-damaging trade war.Donald Trump -
ABC News - Top stories
Open on July 4th: Retailers and airlines. Closed: Government, banks, stock market
The Fourth of July holiday, also known as Independence Day, celebrates the Second Continental Congress’ unanimous adoption of the Declaration of Independence on July 4, 1776, a document announcing the colonies’ separation from Great Britain -
Financial Times - Business
Kolanovic to leave JPMorgan after series of mistimed stock market calls
Top analyst leaves US bank after bearish forecasts on S&P 500 -
Inc. - Business
Echoes of the Dot-Com Bubble Haunt AI-Driven Stock Market
It's beginning to look a little too much like 2000 for some investors' comfort, as big AI names dominate key stock indexes. -
MarketWatch - Business
For all the fear of black swans, the stock market is acting roughly the same
“If the modern world is growing ever more complex and more black swans are flying around as a result, it is not apparent in the historical return data,” says one market observer. -
The Wall Street Journal - World
Indian Stock Market Outlook Looks Bright After Recent Elections
The outlook for India’s stock market performance in the coming decade is bright, buoyed by optimism about the country’s economic prospects after last month’s general election results, according to analysts. -
MarketWatch - Business
If Biden drops out of the race, this is what will matter to the stock market
With President Joe Biden’s re-election campaign appearing to hang by a thread after last week’s debate debacle, investors understandably may wonder whether a change at the top of the Democratic ticket would move the stock market.Joe Biden -
Financial Times - World
Frontier emerging markets stocks soar as investors cheer reforms
Argentina’s Merval leads Latin America as heavily indebted nations chart path to growth -
The Wall Street Journal - World
Why Your Fund Manager Can't Beat Today's Stock Market
The time seems just right for active stock pickers to beat the market. Why, then, are they doing even worse than usual? -
CNBC - Business
Here are 3 major reports that could drive the stock market in the week ahead
Wells Fargo leads bank earnings this coming Friday. The government also delivers key data on consumer and wholesale inflation in the week ahead. -
ABC News - World
Man who stabbed South Korea's opposition leader in the neck earlier this year has been sentenced to 15 years in prison
Man who stabbed South Korea's opposition leader in the neck earlier this year has been sentenced to 15 years in prison -
ESPN - Sports
Sources: LeBron reaches deal to stay with Lakers
LeBron James has agreed to a two-year, $104 million maximum contract to return to the Lakers, sources told ESPN, on a deal includes a player option for the 2025-26 season and a no-trade clause.NBA -
MarketWatch - Business
A surge of new apartments is hitting the market. Renters in these cities stand to benefit the most.
The recent supply surge means apartments are sitting vacant for longer, which means renters are in a good position to ask for discounts. -
MarketWatch - Business
After a roaring first half, stocks are stretched — but the rally isn’t over yet
Earnings season is coming — here’s what you need to know. -
The Wall Street Journal - World
Cooling Labor Market Sets Up Debate Over September Cut
There probably wasn’t anything alarming enough in Friday’s report to lead Fed officials to put a July rate cut on the menu. But the latest reading suggests a labor market continuing to loosen, much as the central bank anticipated. -
MarketWatch - Business
Charter’s stock is down 20% this year — but Citi sees new reason to sell
Citi just downgraded Charter’s stock, warning that estimates could be too high. -
The Guardian - World
Ten years after a celebrity summit promised to end rape as a weapon of war, is there any change for the women of South Sudan?
Guardian investigation reveals conflict-riven country received little funding or support and that high-profile perpetrators remain in public office. They were minding their own business, scanning the forest for fruit, when the troops approached. ... -
ABC News - World
Man who stabbed South Korea's opposition leader sentenced to 15 years in prison
A South Korean court says a man who stabbed the country's opposition leader in the neck earlier this year has been sentenced to 15 years in prison -
Yahoo News - World
Man who stabbed South Korea's opposition leader sentenced to 15 years in prison
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NBC News - Top stories
Man who stabbed South Korea’s opposition leader sentenced to 15 years in prison
A man who stabbed South Korea’s opposition leader in the neck earlier this year was sentenced to 15 years in prison on Friday, court officials said. -
CNBC - Business
10 things to watch in the stock market Wednesday after the S&P 500's record close
U.S. stock futures are little changed after the S&P closed above 5,500 for the first time on Tuesday. -
MarketWatch - Business
Sunak’s time at No. 10 saw decent U.K. stock market gains, but context is all
The FTSE 100 is higher during Sunak’s reign but has badly underperformed peers.United Kingdom -
MarketWatch - Business
Stock market’s upcoming earnings season may delay ‘overdue’ pullback for S&P 500
The U.S. stock market’s upcoming earnings season should be “solid,” but expecting growth estimates over the next couple months to increase for the second half of 2024 seems “a lot to ask,” according to LPL Financial.