Warnings from bank executives that Americans are struggling to keep up with their bills have set off alarms on Wall Street, with shares of consumer lending companies sliding.
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ABC News - Top stories
Wall Street soars to records as Dow leaps 500 in rate-cut rally that swept the world
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates9 minutes ago -
MarketWatch - Business
Nike taps company veteran as new CEO, and shares rally
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.23 minutes ago -
CNBC - Business
Trump Media hits new post-merger low as DJT sale restrictions set to lift
Donald Trump, the majority shareholder of Trump Media and the biggest name on Truth Social, said he has no plans to sell his DJT stock when the lockup ends.1 hour ago - Donald Trump -
ABC News - Top stories
Man says he lied when he testified against inmate who is set to be executed
Just days before inmate Freddie Owens is set to die by lethal injection in South Carolina, the friend whose testimony helped send Owens to prison is saying he lied to save himself from the death ...1 hour ago -
Financial Times - Business
John Paulson brushes aside Wall Street worries about Trump’s tariff plan
Hedge fund manager and Republican megadonor shifts position on trade and decoupling with China1 hour ago -
CNBC - Business
Wall Street hits records — here are the winners and the losers after the Fed rate cut
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.2 hours ago - Federal Reserve -
CNBC - Business
Why investors should dismiss Wall Street concerns about demand for Apple's new iPhone 16
There has been a debate on whether orders for the company's flagship device are off to a slow start.3 hours ago - Apple -
NBC News - Top stories
Trump Media shares slide with DJT sale restrictions set to lift
Shares of Trump Media fell at the opening bell Thursday, with just hours to go until former President Donald Trump is expected to be able to start selling his nearly $2 billion stake.6 hours ago - Donald Trump -
BBC News - Top stories
Interest rates held at 5% but set to fall gradually, says Bank
Economists are betting on rates being held in September with a cut to come in November instead.6 hours ago -
ABC News - Sports
Italy's Luna Rossa eliminates American Magic from the America's Cup
Luna Rossa Prada Pirelli has eliminated NYYC American Magic and advanced to the challenger’s final of the America’s Cup7 hours ago -
CBS Sports - Sports
Ranking NFL's 2-0 teams from contenders to imposters: Where do Bills, Chiefs, Steelers stack up?
Sorting all the remaining unbeaten clubs8 hours ago - NFL -
ABC News - World
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut9 hours ago - Federal Reserve -
The Wall Street Journal - Tech
Tech Jobs Have Dried Up---and Aren't Coming Back Soon
Employment for software engineers has cooled as resources shift toward developing artificial intelligence.17 hours ago -
ABC News - World
Nigeria warns of possible flooding as Cameroon releases water from dam
Nigeria has warned of possible flooding in 11 states following the release of water from a dam in neighboring Cameroon17 hours ago - Nigeria -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...Yesterday - Federal Reserve -
NBC News - Top stories
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank of America associate in May forced Wall Street to ...Yesterday -
CNBC - Business
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
The move shows how JPMorgan Chase, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street.Yesterday -
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The Guardian - World
Flood warnings in Nigeria over release of water from Cameroon dam
Potential for flooding in 11 Nigerian states as west and central Africa struggles to deal with recent heavy rainfall . Authorities in Nigeria have warned of the potential for flooding in 11 states ...Yesterday -
The Hill - Politics
More Americans getting their news from TikTok: Research
A growing share of U.S. adults regularly get their news from TikTok, a trend driven by a surge in the platform’s popularity among adults under 30, according to a new analysis from the Pew Research ...Yesterday -
The New York Times - Top stories
Far From Ohio, Haitian Americans Feel the Sting of Threats in Springfield
They charged Donald J. Trump and JD Vance, who spread baseless rumors that Haitians in an Ohio city were eating pets, with imperiling their community for political gain.Yesterday -
The Hill - Politics
Republicans have frozen a program meant to help 500,000 American families like mine
Beyond all of the politics, Keeping Families Together is the human thing to do.Yesterday -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.Yesterday -
The Hill - Politics
Johnson tees up rescheduled funding bill vote as critics dig in
Speaker Mike Johnson’s (R-La.) decision to reschedule a vote on his partisan spending plan is leaving Congress seemingly no closer to averting a government shutdown at the end of the month, as ...Yesterday -
BBC News - Top stories
We have to keep Commonwealth Games going - Kenny
Dame Laura Kenny has called on cities to step up for the 2030 Commonwealth Games after Glasgow became hosts for the 2026 edition.Yesterday -
The New York Times - Business
Wall Street Expects Half-Point Fed Rate Cut
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by half a percentage point.Yesterday - Federal Reserve -
BBC News - Top stories
New bank hubs to open but many don't have printers to provide statements
New rules on branch closures take effect but questions remain over the facilities in shared hubs.Yesterday -
CBS Sports - Sports
Former New England Patriots safety Devin McCourty shares how Bill Belichick perfectly predicted wind patterns
Belichick is regarded as one of the smartest minds in football for a reasonYesterday -
CBS Sports - Sports
Georgia governor passes executive order blocking NCAA from enforcing NIL rules for in-state schools
The order would only apply until a uniform set of rules is finalized2 days ago -
NBC News - Top stories
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The Federal Deposit Insurance Corp.2 days ago -
ABC News - Tech
Trump will soon be able to sell shares in Truth Social's parent company. What's at stake?
Donald Trump should have the opportunity starting Thursday to sell his shares in Trump Media & Technology Group, the company behind the Truth Social platform2 days ago - Donald Trump -
ABC News - Top stories
US retail sales ticked up last month in sign of ongoing consumer resilience
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate2 days ago -
CBS News - Top stories
Save up to 30% on Hexclad cookware sets for a limited time
Don't miss this opportunity to upgrade your kitchen cookware with Hexclad cookware, now on sale for up to 30% off.2 days ago -
CNBC - Business
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances.2 days ago -
The New York Times - Business
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.2 days ago -
CBS Sports - Sports
Tennessee set to add 10% 'talent fee' to tickets to fund plan for revenue sharing with players
The Volunteers have been one of the most aggressive programs in NIL2 days ago -
ABC News - Sports
Panthers QB carousel keeps on spinning as 36-year-old Andy Dalton gets set to start vs. Raiders
The Carolina Panthers had hoped that Bryce Young would put an end to their ever-churning quarterback carousel when they selected him No. 1 overall last year2 days ago - NFL -
Financial Times - World
Malnutrition crisis threatens child health gains, warns Bill Gates
Foundation says about 40mn children are at risk of stunted growth as climate change worsens food security2 days ago