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Some of the most popular trades of 2024 are coming undone after reaching ‘stupid’ levels
The selloff in U.S. semiconductor and megacap stocks has sucked up most of investors’ attention over the past couple of weeks. But they aren’t the only momentum trades that have stopped working. more
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‘Not good news’: Farmers stunned as BC Tree Fruits announces surprise closure
BC Tree Fruits Collective announced its sudden closure on Friday, sending its member farmers scrambling to find new ways to get their produce to market. more
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American Airlines offers to double some flight attendants’ pay over 5 years as it works to avoid strike  
A tentative agreement with the flight attendants’ union includes $4.2 billion in pay and retirement increases. more
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All the chip companies getting billions in U.S. subsidies (so far)
As generative artificial intelligence takes off and tensions between the U.S. and China rise, the Biden administration is making a multi-billion dollar effort to bring chipmaking back to the U.S. … more
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Man found injured outside apartment dies, London, Ont. police launch homicide probe
A man was found outside an apartment building with life-threatening injuries and later died in hospital. London police are treating the case as a homicide. more
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Why Charter’s stock had its best day on record after its earnings report
Charter lost fewer internet subscribers than expected in the second quarter, though subscriber losses in its video business were steeper than what analysts were modeling. more
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Will Biden’s new online safety guidelines really help protect our kids? Parents and experts weigh in
The Kids Online Health and Safety Task Force just released parental and industry guidelines for online health and safety. Is it enough? more
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3M’s stock has its best day on record as upbeat outlook underscores fresh start
The maker of Post-it Notes, Scotch tape and Command strips beat second-quarter earnings expectations and raised its full-year outlook. more
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Caeleb Dressel is making his comeback at the 2024 Olympics. Here's what to know about America's fastest swimmer.
Caeleb Dressel is currently America's fastest swimmer. The athlete is making his grand comeback at the 2024 Olympics in Paris. more
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How Much Down Payment Is Required for a House?
Money explains how much down payment is required for a house. more
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Why Zelle scams concern lawmakers so much — and how they could affect you
Victims of Zelle scams are entitled to more reimbursement than they’re getting, lawmakers say. more
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Crypto AI Token RENDER Soars 15.6% After Rebrand, Can It Hit $10?
Today, the Render Network finalized its RENDER crypto AI token migration and upgrade. Following the highly anticipated rebrand, the AI token saw a positive price action, surging over 15% on the last … more
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‘Dr. Doom’ Nouriel Roubini accused the Treasury Dept. of ‘usurping’ the Fed—Janet Yellen is having none of it
"We have never, ever discussed anything of the sort,” Yellen told Bloomberg News. more
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Jersey City Pension Fund to Invest in Bitcoin ETFs
Mayor Fulop announces Jersey City is updating SEC filings to reflect Bitcoin ETF investment, drawing parallels to the Wisconsin Pension Fund. more
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Matt Damon kept telling Josh Harnett he'd regret gaining 30 pounds for 'Oppenheimer:' 'You're never gonna get that off again'
Josh Harnett gained 30 pounds for his role in "Oppenheimer," but his costar Matt Damon told him during filming that it was a mistake. more
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Walmart is selling ad space to companies that don't sell products at Walmart
Walmart wants to boost its revenue and is aiming to do so by expanding its advertising efforts. Read more... more
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Blue Jays recall RHP Rodriguez from Buffalo
The Toronto Blue Jays recalled pitcher Yerry Rodriguez from Triple-A Buffalo and activated him ahead of Friday's game against the Texas Rangers. more
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PepsiCo is using robotics and AI-powered crop planning to transform its supply chain
PepsiCo uses robotics, satellites, and sensors to optimize its supply chain, from the farm to the factory line where soda bottles are filled. more
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Half of Americans Under 25 Think Paying With Cash Is ‘Awkward’
People are using less cash — and becoming more comfortable leaving their wallets at home. more
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The Dow gains 600 points after a solid economic report and fresh inflation data
After a volatile week, the stock market rose on Friday due to the growing U.S. economy and fresh inflation data, leading investors to hope for interest rate cuts later this year. Read more... more
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Mt. Gox Is Far From Done With Distributing Bitcoin, Here’s How Much BTC Is Left
Many Mt. Gox creditors have finally been repaid their Bitcoin (BTC) after a decade of waiting. News reports have shown many creditors have been repaid through the US-based crypto exchange Kraken. As … more
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Warner Bros. Discovery is suing to keep NBA games on TNT and Max
Warner Bros. Discovery (WBD) filed a lawsuit against the NBA on Friday in an attempt to keep the leagues games on its cable networks and streaming platforms. Read more... more
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Over half of Tesla's profits last quarter came from taxes
Tesla did not have a good second quarter for 2024, and it could have been a whole lot worse had it not been for the U.S. government. Sure, profits fell 45 percent during the time period, but Tesla … more
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Health Canada says some take-home naloxone kits may contain incorrect info
Health Canada says some naloxone take-home kits may contain instructional cards that provide the incorrect dosing information for a potential second dose. more
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Bilt Rent Day bonus: Second guest free on Virgin Voyages
Bilt flipped the script to turn rent day into an opportunity to earn bonus points and take advantage of limited-time offers. more
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