Dow jumps over 400 points to hit another all-time high
The Dow Jones Industrial Average closed at a record high on Thursday in mixed trading after strong U.S. economic data, while artificial intelligence (AI) chipmaker Nvidia fell after its earnings forecast was broadly in line with expectations but failed to impress investors. The Dow Jones Industrial Average rose 243.63 points, or 0.6 percent, to 41,335.05 […]
Record High – Harris-Biden Create ‘Most Unaffordable Housing Market in History’
Home prices, and the American Dream, are “more unaffordable than ever,” according to the latest data. “Home prices hit a record high in June, even as the housing shortage continues and rising mortgage rates have put housing out of reach for millions of Americans.” Reports Fox Business. The report further states that “nationwide prices rose […]
Foot Locker ditching NYC for St. Petersburg, Florida to cut high costs: ‘Efficiencies’
Foot Locker said Wednesday it is moving its headquarters from New York City to Florida to escape the high costs of the New York state, the sneaker retailer said in a statement. “We have decided to relocate our headquarters to St. Petersburg, Florida to better support our strategic advancements, enhance team member collaboration and achieve […]
NY hate crime reports skyrocket to record high — and state official blames raging antisemitism
Reported hate crimes in New York state have surged a record-breaking 69% since 2019, driven in large part by violent anti-Semitism, according to a damning analysis released Wednesday by State Comptroller Tom DiNapoli. According to the report, hate crimes against Jewish people increased by 89% statewide, from 253 in 2018 to a whopping 477 in […]
401(k) millionaires reaches record high: Fidelity
The number of 401(k) accounts with assets of more than $1 million hit an all-time high in the second quarter of 2024. analysis Fidelity Investments. There were about 497,000 so-called 401(k) “millionaires” last quarter, up 2.5 percent from 485,000 in the first quarter, according to a Fidelity analysis of 24 million 401(k) accounts across 26,000 […]
Consumer confidence reaches six-month high, but labor market worries rise
Claman Countdown panelists Scott Redler and Michael Landsberg weigh in on the possibility of a recession. We Consumer Confidence Although Americans are growing increasingly worried about the labor market after last month's rise in the unemployment rate, rising optimism about the economy helped push the unemployment rate to its highest level in six months in […]
Gold prices pulled off record high as dollar recovers amid inflation watch – Investing.com
Investing.com — Gold prices edged lower in Asian markets on Wednesday as the dollar recovered from a 13-month low, but attention was focused on upcoming key inflation data for further clues on interest rates. But gold remains on track to hit a record high this month as geopolitical worries boost demand as a safe-haven asset […]
Home prices hit record high in June amid high mortgage rates
Home prices hit new record in June Housing shortageThis is despite the fact that soaring mortgage rates continue to put homebuying out of reach for millions of Americans. Nationwide prices rose 5.4% in June from a year earlier. S&P CoreLogic Case-Shiller Index Tuesday's figure was down from 5.9% the previous month. On a monthly basis, […]
Gold price gains ground near the all-time high amid geopolitical risks, Fed rate cut bets – FXStreet
Gold prices continued to rise in Asian markets on Wednesday. The worsening situation in the Middle East and a dovish stance from the Federal Reserve are supporting gold prices. Traders are awaiting speeches from Waller and Bostic on Wednesday. Gold prices (XAU/USD) rose above $2,500 per troy ounce on Wednesday, buoyed by rising geopolitical tensions […]
An Alabama high school quarterback died suddenly after suffering from a traumatic brain injury during the season-opening game on Friday night, according to multiple reports.
An Alabama high school quarterback died suddenly after suffering a traumatic brain injury during Friday night's season opener, according to multiple reports. John T. Morgan Academy 2024 season The game took place on Friday against Southern Academy in Selma, Alabama. “My son was an exceptional athlete, but what he loved most was talking about Jesus.” […]