S&P 500 climbs for best day since early June as Nvidia shares lead tech turnaround – NBC News
of S&P 500 Stock indexes suffered their worst weekly drop since April but hit their highest close since June 5 on Monday as technology shares rebounded. The benchmark rose 1.08% to close at 5,564.41, its highest since June 5. Nasdaq Composite Index It rose 1.58% to close at 18,007.57. Dow Jones Industrial Average It rose […]
Executive Spoke in June About Single Point of Failure in Tech
CrowdStrike recently became the very “single point of failure” that company executives warned about just weeks before a devastating software update that took down Microsoft Windows-powered computers around the world, crippling everything from airlines to banks. PC Mug Reports On July 19, 2024, the cybersecurity world experienced a moment of irony when CrowdStrike, a prominent […]
Joe Biden’s campaign outspent Donald Trump 6-to-1 in June
President Biden’s reelection campaign last month saw him significantly outpace Republican presidential nominee Donald Trump in terms of campaign finances, even as the incumbent’s position in the polls deteriorated. The Biden campaign spent a lot of money. $59.4 million During June, the Trump campaign $9.9 million Spending for the month was down compared with the […]
Trump blows past Biden in June fundraising race, with July numbers expected to be worse for Democrats
Former President Donald Trump surpassed President Biden’s longtime fundraising lead, according to donation filings in June. Republicans raised $66 million throughout the month, propelling the Trump campaign to surpass the current president’s campaign spending. June was the Republican Party’s biggest monthly fundraising month since 2020, according to The Washington Post. The latest data comes after […]
Retail sales in Great Britain slump by 1.2%; government borrowing figure for June is lowest since 2019 – business live | Business
Important Events Retail sales in the second quarter declined 0.1% from the first quarter, contributing little to GDP growth. Rob WoodThe chief UK economist at Pantheon Macroeconomics said this left his second-quarter GDP growth forecast unchanged at 0.6%, compared with the Bank of England’s forecast of 0.5%. “This is due to strong consumer spending on […]
Housing starts rose in June despite higher mortgage rates
The number of housing starts ticked up in June despite pressure from high mortgage rates, reassuring news for an economy that has seen soaring housing prices and rents driven by a lack of supply. Housing starts, the change in the number of new residential buildings that began construction, rose 3% from May to a seasonally adjusted annual rate of 1.35 million in […]
US retail sales unchanged in June, beating forecasts for slight drop
Ironside Macroeconomics Managing Partner Barry Knapp speaks about “The Age of Financialization” during Unbreakable Investor’s “Making Money” town hall. U.S. retail sales were flat in June, signaling a strong underlying trend that could boost second-quarter economic growth forecasts. The Commerce Department’s Census Bureau said Tuesday that retail sales last month were flat, following an upwardly […]
January 6 arrests slow in June but are still running far ahead of 2023, 2022 levels
New statistics from the Department of Justice show that FBI arrests on Jan. 6th fell in June, but the total for the first half of 2024 is still well above the same periods in 2023 and 2022. According to the Department of Justice’s 42-month Jan. 6 report, the FBI arrested 15 people on Jan. 6 […]
Arizona News: June 2,2023
The Prickly Pear’s TAKE ACTION focus this year is to help achieve a winning 2024 national and state November 5th election with the removal of the Biden/Obama leftist executive branch disaster, win one U.S. Senate seat, maintain and win strong majorities in all Arizona state offices on the ballot and to insure that unrestricted abortion […]
The Most Splendid Housing Bubbles in America, June Update
Estimated Reading Time: 2 minutes 2nd Overall YoY Price Drop since 2012. Biggest in Seattle, San Francisco, Las Vegas, Phoenix, San Diego, Portland, Dallas… It’s spring selling season, when prices always rise month-to-month, and they did, but it wasn’t enough. It’s still spring selling season when sales volume and prices nearly always rise on […]