Stocks will fall 30% as the U.S. economy heads for a painful recession, strategist says
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The Wall Street Journal - World
U.S. Stocks Trade Mostly Higher
Stock indexes were mixed in the shortened trading session, with the Nasdaq Composite and S&P 500 both on pace to hit fresh records. The Dow industrials slipped. -
MarketWatch - Business
Wall Street’s most bearish strategist is leaving JPMorgan. Here’s a look at his market calls.
Chief market strategist Marko Kolanovic is leaving JPMorgan Chase & Co. following a 19-year stretch with the bank, according to a person at the investment bank who shared details from two internal memos with MarketWatch on Wednesday. -
The Wall Street Journal - World
U.S. Crude Oil Inventories Fall More Than Expected
Government data showed crude-oil inventories fell by 12.2 million barrels last week, much greater than the decline of 1.1 million barrels that analysts expected. Gasoline and distillate fuels fell too, as refineries raised their capacity use. -
Financial Times - Business
Far right to fall short of majority in French parliament, poll says
Harris Interactive predicts a hung parliament ahead of high-stakes run-off on July 7France -
MarketWatch - Business
Buy this retailer’s stock as an AI play, analyst says
D.A. Davidson’s Michael Baker points to one retailer that stands to get a big AI boost in the coming months. -
CNBC - Business
Oil prices hold firm as large draw on U.S. crude, gasoline inventories signal uptick in demand
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July holiday, up about 2 cents from last week. -
NBC News - Top stories
Anthony Nesty's role as U.S. Olympic men's swimming head coach is a 'vision' fulfilled
Anthony Nesty was named head coach of Team USA Swimming and will lead the men's team at the Paris Olympics. He is the first Black head coach of the team. -
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. -
MarketWatch - Business
Oil prices end higher on light trading volume as supply drops more than expected
Oil prices settled higher Wednesday, on light trading volume ahead of the Independence Day holiday, after official U.S. data revealed a drop of more than 12 million barrels in crude inventories and a weekly rise in implied gasoline demand. -
MarketWatch - Business
Nvidia client Northern Data’s stock cools after spike on report of possible U.S. IPO
Shares of Germany’s Northern Data fell 8% on Wednesday, one day after a surge on a report it may list its cloud computing and data center business in the U.S. -
The Hill - Politics
Ivanka Trump on father’s conviction: ‘It’s painful to experience'
Ivanka Trump, former President Trump's daughter and ex-adviser, weighed in on her father’s legal battles and recent conviction in a new podcast interview. “On a human level, it’s my father, and I love him very much,” she told the "Lex Fridman ...Donald Trump -
NBC News - Top stories
The 5 best pillows to relieve neck pain
To find the best pillows to relieve neck pain, we spoke with experts for their guidance and product recommendations. Here’s how to choose one with the ideal height and feel. -
MarketWatch - Business
Hedge fund selling of tech stocks has limited potential for crash, JPMorgan says
Hedge funds in June sold off tech stocks at their fastest rate on record. This sell-off has limited the potential for a crash, JPMorgan said. -
GameSpot - Tech
Why Beverly Hills Cop: Axel F Took 30 Years To Make
The first two Beverly Hills Cops movies are beloved by fans of the franchise. The third movie, 1994's Beverly Hills Cop 3, has a different reputation among viewers. The third Axel Foley adventure was a massive critical bomb and made less than half ... -
GameSpot - Tech
The 30-Year Journey to Bring Beverly Hills Cop: Axel F to Life
According to Eddie Murphy, Axel Foley needed to grow up for a fourth Beverly Hills Cop movie. -
The Hill - Politics
12:30 Report — Tides begin to turn on Biden post-debate
{beacon} 12:30 REPORT It’s Wednesday. Happy Fourth of July eve! Where are you watching fireworks tomorrow night? Here’s what’s happening today: President Biden gets more bad news as his campaign looks to reassure nervous Democrats after the debate ...Joe Biden -
The New York Times - Lifestyle
Marc Jacobs’s Latest Fall Collection Is Delightful Delusion
The designer’s fall collection, inspired by “personal transformation,” was wholly cartoonish. -
The Wall Street Journal - World
The WSJ Dollar Index Falls 0.2% to 100.25
The WSJ Dollar Index was down 0.2% to 100.25 — down for two consecutive trading days. -
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. -
ABC News - Top stories
Average rate on 30-year mortgage climbs for 1st time since late May to just under 7%
The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May -
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. -
NBC News - Top stories
This is what Hurricane Beryl did to Grenada and now it's headed to Jamaica
Grenada’s prime minister said the island of Carriacou was left in a state of “almost Armageddon” after Hurricane Beryl. The people of Jamaica are prepared for the worst as the storm headed there. -
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Financial Times - Business
Jeff Bezos to offload $5bn of Amazon stock
Tech giant’s biggest shareholder set to take his sale of shares to more than $13bn this year but still holds 9% stake -
The Guardian - World
Tour de France 2024: Mark Cavendish wins record-breaking 35th stage – live
Full team guide to the race | Full stage-by-stage guideAnd you can mail Will with your thoughts on the race166km to go: It’s not ideal that the intermediate sprint is so late on this stage, in terms of giving us some early excitement and movement, ... -
The Guardian - World
Fangs and toilet seat-shaped head: giant salamander-like fossil found in Namibia
About 2.5 metres long, creature was an apex predator 280m years ago, before age of dinosaurs, say scientists. A giant 280m-year-old salamander-like creature that was an apex predator before the age of the dinosaurs has been discovered by fossil ... -
CBS Sports - Sports
Lakers hire two former head coaches to bring experience to JJ Redick's coaching staff, per report
Scott Brooks and Nate McMillan are both reportedly joining the teamNBA -
Yahoo Sports - Sports
Lakers reportedly adding 2 former head coaches to JJ Redick's staff as top assistants
JJ Redick is a first time head coach, but he'll have plenty of experience backing him up. -
The Guardian - World
Confident George Russell heads into British Grand Prix set to go up a gear
Briton is coming off the back of his first win of the season and now thinks he has proved he is ‘as good as anyone’. George Russell is understandably in buoyant mood heading into his home race at the British Grand Prix. The 26-year-old rolls into ... -
The Wall Street Journal - World
U.S. Natural Gas Futures Settle Lower
U.S. natural gas futures settled lower in light up-and-down trade. -
The New York Times - Business
How Reliant Is the U.S. on Avocados From Mexico?
A temporary halt on inspections by U.S.D.A. workers in Mexico on safety concerns highlighted how dependent the United States had become on one region for supplies of the popular fruit. -
CBS Sports - Sports
Lakers, Clippers fail in NBA free agency as the L.A. teams fall into traps of mediocrity
It has not been a particularly good week for either NBA team in Los AngelesNBA -
The Guardian - World
The week that changed the US election: Trump’s immunity as Biden falls flat on his face
Plus: A dispatch from Wisconsin, more lies and no more lawyering for Rudy Giuliani. Hello there.. Well, that was interesting, wasn’t it? The election was trundling along pretty normally, then we get a momentous week that changed the shape of the ...Joe Biden -
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 -
MarketWatch - Business
Intuitive Machines’ stock pares gains as next moon mission approaches
Shares of Intuitive Machines Inc. pared their recent gains as the space-exploration company’s next moon mission approaches. -
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MarketWatch - Business
Cathie Wood’s ETFs sell Tesla’s stock for the first time in 9 months
The sale comes after Tesla’s stock closed Tuesday at a six-month high after strong second-quarter deliveries data. -
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. -
MarketWatch - Business
Koss shares skyrocket as meme-stock chatter again swirls around headphone maker
Koss shares saw their biggest daily percentage gain in over three years amid a frenzy fueled by the return of “Roaring Kitty” to social media. -
CNBC - Business
We're taking profits in this beer maker and buying more of our newest stock
We will realize a double-digit gain on the sale and pour half of it into our latest addition to the portfolio.