Finance chiefs at U.S. companies are enjoying fatter pay packetsas stock based incentives pushed upcompensationlast year by 8.45% to roughly $1.8 million.
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BBC News - Top stories
Almost 1.8m people owe £50,000 or more in student debt
More than 61,000 people have balances of £100,000 or more and 50 owe upwards of £200,000, BBC finds. -
MarketWatch - Business
July is historically a great month for U.S. stocks. Here’s why this year might be different.
The U.S. stock market is on pace to finish the first half of 2024 on a positive note. If the past is any guide, the good times for U.S. equities may keep rolling into July, but not every stock may enjoy this summertime rally. -
The New York Times - World
Alert Level Raised at U.S. Bases in Europe Over Russian Threats
Officials said there was no specific intelligence about possible Russian attacks on American bases, but Moscow has made vague threats over Ukraine’s use of long-range weapons on its territory.Russia -
Inc. - Business
How This Female-Founded Software Company Nailed a $200 Million Series B
Workflow software company Creatio is valued at $1.2 billion after its latest fundraise. Founder Katherine Kostereva has big plans. -
MarketWatch - Business
‘He thinks I’m too materialistic’: My husband and I are in our 40s. He takes zero interest in our finances. He doesn’t even know the name of our mortgage company. What can I do?
“I am really worried that if I’m not around, he will not be able to manage the basics of everyday life for himself and our children.” -
CNBC - Business
From Atlanta to San Francisco: These are the 10 best U.S. cities to live in based on culture, education, infrastructure and more
Honolulu performed well because of its education facilities and stability, according to the EIU Global Liveability Index. -
MarketWatch - Business
Nike’s stock sees biggest drop ever as some analysts question company’s leadership after downbeat forecast
As Nike shares ended Friday with their biggest drop ever following the sneaker maker’s pessimistic outlook a day earlier, Wall Street analysts were retrenching — with some even questioning the company’s management. -
MarketWatch - Business
Apple’s huge stock buyback proves one thing: companies are lousy market timers
Share repurchases are at a record, but that isn’t necessarily bullish for the U.S. market -
MarketWatch - Business
Stocks will fall 30% as the U.S. economy heads for a painful recession, strategist says
Move over, J.P. Morgan — we have a new contender for most apocalyptic stock-market forecast. -
MarketWatch - Business
Consumer stocks made a comeback in June — but U.S. households are still feeling the pinch
Consumer-discretionary stocks bounced back in June, raising hopes of a recovery after their tumultuous start to 2024. But market analysts warn that a comeback in this sector could belie underlying consumer weakness amid ongoing concerns over the ... -
CNBC - Business
Is the U.S. stock market too ‘concentrated’? Here’s what to know
Just about a handful of large U.S. companies account for a third of the S&P 500 stock index. Some experts fear investors are at risk. -
Yahoo Sports - Sports
NBA free agency: Kentavious Caldwell-Pope agrees to 3-year, $66 million deal with Magic
Kentavious Caldwell-Pope leaves the Denver Nuggets for a lucrative free agent contract with the Orlando Magic.NBA -
Inc. - Business
SpaceX, Possibly the Most Valuable Private U.S. Company Ever, Lands Giant Deal to Crash the ISS to Earth
Elon Musk's rocket company is privately held, but new information says the firm could be valued at over $200 billion. -
CNBC - Business
U.S. needs major nuclear power expansion to meet rising electricity demand, Southern Company CEO says
The U.S. needs to install more than 10 gigawatts of new nuclear power, said Chris Womack. -
NBC News - Top stories
A father who lost 2 sons in a Boeing Max crash waits to hear if the U.S. will prosecute the company
As they travel around Alaska on a long-planned vacation, Ike and Susan Riffel stop now and then to put up stickers directing people to “Live Riffully.” -
The Wall Street Journal - World
The cyberattack on software company CDK Global that hobbled U.S. car dealerships highlighted the risks to industries that rely on just a single vendor.
The cyberattack on software company CDK Global that hobbled U.S. car dealerships highlighted the risks to industries that rely on just a single vendor. -
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The New York Times - Business
Wall Street Seems Calm. A Closer Look Shows Something Else.
The S&P 500 has climbed sharply this year, with few big swings. Below the surface, though, there’s a great deal of turmoil -
MarketWatch - Business
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.
A list of 20 standout stocks during the first half of 2024 includes names riding the AI wave, but also a few surprises. -
MarketWatch - Business
11 favored semiconductor stocks expected to outperform Nvidia over the next year
Nvidia Corp. dominates coverage of the semiconductor industry, but there are other semiconductor manufacturers that are also growing quickly during this upcycle for the industry. -
The Wall Street Journal - World
The European Union charged Meta Platforms with breaching its new digital-competition law, saying the company's pay-or-consent business model gives users inadequate choice.
The European Union charged Meta Platforms with breaching its new digital-competition law, saying the company’s pay-or-consent business model gives users inadequate choice. -
MarketWatch - Business
‘In a worst-case scenario, we fear a stock-market bust’: We are ‘healthy boomers’ in our 60s with a net worth of $4.2 million. Is it time to diversify?
“We have no debt and live comfortably on $150,000 per year.” -
MarketWatch - Business
‘She won’t be happy until he’s in a homeless shelter’: My sister wants our father to refinance his $1.2 million home to pay off her $120,000 debt
“My father worked hard his entire life in public transport and retired about seven years ago.” -
CBS Sports - Sports
Nuggets working to sign Jamal Murray to four-year, $209 million contract extension, per report
Murray was entering the final year of his contract with the NuggetsNBA -
Yahoo Sports - Sports
Jamal Murray reportedly negotiating four-year extension with Denver Nuggets worth up to $209 million
Murray has been a key player for the Nuggets since being drafted in 2016.NBA -
CBS Sports - Sports
NBA free agency: Raptors, Immanuel Quickley agree to five-year, $175 million deal, per report
Quickley was set to be a restricted free agent this summerNBA -
MarketWatch - Business
Here’s how people with $1 million or more changed their asset allocation last year
A new report from the Capgemini Research Institute has detailed where the world’s high-net-worth individuals (HNWI) invest their money — and just as importantly, how it changed in the last year. -
CBS Sports - Sports
NBA free agency: Bulls, Patrick Williams agree to five-year, $90 million deal, per report
Williams averaged 10 points and 3.9 rebounds last season, but was limited to 43 games due to a foot injuryNBA -
CBS Sports - Sports
James Harden free agency: Clippers to sign veteran star to two-year, $70 million deal, per report
Harden isn't going anywhere, but what about Paul George? -
The Wall Street Journal - World
17 Years, $700 Million Wasted: The Stunning Collapse of New York's Traffic Moonshot
‘Devastating.’ The last-minute implosion of congestion pricing, which was set to begin Sunday, shows the challenges of solving America’s most intractable problems. -
CBS Sports - Sports
Cade Cunningham deal: Former No. 1 overall pick reportedly gets five-year, $226 million extension with Pistons
Cunningham was the No. 1 pick in the 2020 NBA Draft -
ABC News - Sports
Sam Reinhart agrees to $69 million, 8-year deal to stay with Cup champion Panthers, AP source says
Sam Reinhart missed the Florida Panthers’ championship parade -
Yahoo Sports - Sports
Isaiah Hartenstein agrees to 3-year, $87 million deal with Oklahoma City Thunder: Reports
The 26-year-old 7-footer is coming off a breakout 2023-24 campaign that saw him average 7.8 points, 8.3 rebounds, 2.5 assists, 1.2 steals and 1.1 blocks in a career-high 25.3 minutes per game. -
CBS Sports - Sports
NBA free agency: Isaiah Hartenstein leaves Knicks for three-year, $87 million deal with Thunder, per report
Hartenstein had two great years with the KnicksNBA -
CBS Sports - Sports
Klay Thompson to join Mavericks on three-year, $50 million deal after Warriors complete trade, per report
Thompson is leaving the Warriors in a sign-and-trade deal after 13 years and four titles in Golden StateNBA -
ABC News - Sports
Celtics star Jayson Tatum agrees to 5-year, $314 million supermax extension, AP source says
Jayson Tatum has agreed to a five-year, $314 million contract extension to remain with the Boston Celtics, a person with knowledge of the situation told The Associated PressNBA -
CNBC - Business
33-year-old pays $2,146/month for 556-square-foot studio in California furnished 'almost entirely with Costco': Take a look inside
"I have spent over $5,000 to outfit my place almost entirely with Costco products," writes Claudia Chee: "I have created an oasis here."California -
Financial Times - Business
Who could replace Biden? The Democratic contenders
Vice-president Kamala Harris leads a pack of political heavyweights with big ambitionsJoe Biden -
MarketWatch - Business
Walgreens Boots Alliance’s stock headed for 27-year low after profit miss and lowered guidance
Walgreens Boots Alliance Inc.’s stock fell 25% Thursday, after the drugstore chain’s fiscal third-quarter profit fell short of estimates and it again lowered guidance to reflect a stressed consumer following a period of high inflation. -
MarketWatch - Business
That was the best first half to an election year in a half-century. Now what?
If the U.S. unemployment rate starts creeping up, it’s pretty hard to stuff that back in the bottle, says Schwab strategist.