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U.S. STOCKS HEAD FOR PUNISHING SELLOFF AS ‘UNKNOWN UNKNOWNS’ COULD DRAG MARKET
LOWER, ANALYSTS WARN




U.S. STOCKS HEAD FOR PUNISHING SELLOFF AS ‘UNKNOWN UNKNOWNS’ COULD DRAG MARKET
LOWER, ANALYSTS WARN

 * Global growth outlook deteriorates on central bank rate hikes, raising risks
   for U.S. and markets
 * Stocks have already absorbed the Fed’s rate-hike pause
 * Opinion: The stock market is taking a breather after a burst of strength
 * Why these top traders are betting on good inflation news in the months ahead


OCEANGATE BELIEVES ALL 5 PASSENGERS ON TITANIC EXPLORATION SUB ‘HAVE SADLY BEEN
LOST’

 * U.S. Coast Guard reports identification of a debris field in search area for
   missing Titan submersible
 * Missing sub shows deep sea is scary — even scarier than space
 * Hamish Harding, Stockton Rush and Dawood father and son presumed dead after
   missing Titanic exploration sub debris found


BIDEN SAYS HE PLANS TO MEET CHINA’S XI EVEN AFTER CALLING HIM A ‘DICTATOR’


AMC STOCK SLIDES 9.9%, WHILE APES RISE


OLIVE GARDEN PARENT SAYS DINERS AT ITS STEAKHOUSES SPENT LESS ON BOOZE IN THE
LATEST QUARTER


ELON MUSK AND MARK ZUCKERBERG CHALLENGE EACH OTHER TO A CAGE FIGHT


LOWER INFLATION WITH LOWER UNEMPLOYMENT? JEROME POWELL SEES A POSSIBILITY

 * Jobless claims hit highest level since late 2021. Are layoffs getting worse?
 * U.S. economy back to a sluggish pace in May: Chicago Fed
 * What recession? Get ready for a ‘rolling expansion.’
 * U.S. leading economic indicators fell in May for the 14th straight month


FEWER U.S. WORKERS SPENT TIME WORKING FROM HOME LAST YEAR: HERE’S WHO IS HEADING
BACK TO THE OFFICE

 * Tech companies scaled back DEI teams last year amid ‘worrying’ backlash,
   report says
 * What Taylor Swift teaches girls about taking control of their lives and
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WHY TOP PICK VICTOR WEMBANYAMA COULD BE WORTH OVER $80 MILLION A YEAR TO THE
SPURS

 * Victor Wembanyama: 5 things to know about the generational NBA prospect
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HOW HARD HAS IT BEEN TO CANCEL AMAZON PRIME? HAVE YOU READ ‘THE ILIAD’?

 * Amazon’s stock could soar to $180 as analyst says Wall Street is ‘very wrong’
   about key catalyst
 * Target Circle Week sale event will overlap with Amazon’s Prime Day and run
   from July 9 to July 15
 * Amazon may get a bad rap on AI, but Morgan Stanley says its proven strategy
   will win out again


STRUGGLING TO BUY A HOUSE IN 2023? TRY THESE TACTICS FROM 2021, REAL-ESTATE
AGENTS SAY

 * U.S. existing home prices suffer largest drop since December 2011
 * Why is flood insurance so expensive? Florida homeowners detail struggle with
   rising costs
 * Nearly 22 million households spend more than they can afford on rent, Harvard
   report says


ASK THE MONEYIST ‘WE’RE VERY UPSET!’ WE GAVE A FRIEND $400 CONCERT TICKETS AND
$2,000 RANGERS BOX SEATS, BUT WEREN’T INVITED TO HIS WEDDING. DO WE SPEAK UP?

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THE MAGIC NUMBER FOR RETIREMENT CLIMBS AS MOST AMERICANS EXPECT TO WORK LONGER
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‘WE’RE VERY UPSET!’ WE GAVE A FRIEND $400 CONCERT TICKETS AND $2,000 RANGERS
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CHATGPT VS. FINANCIAL ADVISER: WE ASKED BOTH ONE QUESTION — HOW MUCH SHOULD I
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BOOMERS WORRIED ABOUT A RECESSION ARE SELLING THEIR HOMES NOW


'THANKS, JOE BIDEN': REPUBLICAN LAWMAKER BLAMES PRESIDENT AFTER SPENDING $800 AT
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U.S. COAST GUARD REPORTS IDENTIFICATION OF A DEBRIS FIELD IN SEARCH AREA FOR
MISSING TITAN SUBMERSIBLE


U.S. EXISTING HOME PRICES SUFFER LARGEST DROP SINCE DECEMBER 2011


RICH PEOPLE ARE NOW KEEPING ABOUT 1/4 OF THEIR MONEY IN THIS ASSET CLASS, SURVEY
FINDS. BUT IS IT RIGHT FOR YOU?




LOGITECH'S STOCK HIT BY REPORTS ITS $30 GAME CONTROLLER WAS USED TO STEER
MISSING SUB NEAR TITANIC




YOU NEED TO EARN ALMOST $20,000 MORE TO BUY A MEDIAN-PRICED HOUSE NOW




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THE MAGIC NUMBER FOR RETIREMENT CLIMBS AS MOST AMERICANS EXPECT TO WORK LONGER —
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‘WE’RE VERY UPSET!’ WE GAVE A FRIEND $400 CONCERT TICKETS AND $2,000 RANGERS
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OCEANGATE BELIEVES ALL 5 PASSENGERS ON TITANIC EXPLORATION SUB ‘HAVE SADLY BEEN
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REITS 101: HOW TO INVEST IN REAL ESTATE WITHOUT A DOWN PAYMENT


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AMC STOCK SLIDES 9.9%, WHILE APES RISE


POWELL SAYS HE SEES PATH WHERE INFLATION COOLS WITHOUT SIGNIFICANT JOB LOSSES


SAN FRANCISCO LANDLORDS BORROWED $9 BILLION FROM WALL STREET. NOW THEY WANT BIG
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WHY THESE TOP TRADERS ARE BETTING ON GOOD INFLATION NEWS IN THE MONTHS AHEAD


BOEING GETS A NEW HEADACHE. SPIRIT AERO WORKERS VOTE TO STRIKE.


U.S. STOCKS SHAKE OFF RATE-HIKE WORRIES TO END MOSTLY HIGHER


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3M STOCK RALLIES AFTER $10.3 BILLION ‘FOREVER CHEMICAL’ SETTLEMENT OFFERED

3M Co. MMM shares rallied in the extended session Thursday after the materials
and chemicals company said it would pay $10.3 billion to settle claims it was
responsible for so-called “forever chemicals” in drinking water. The nickname
refers to per- and polyfluoroalkyl substances, or PFAS, a group of a synthetic
chemicals that do not easily degrade in the environment. Shares rallied more
than 4% after hours, following a 1% decline to close at $100.43. 3M will take a
charge for a similar amount in the second quarter. The payments over 13 years
are meant to fund PFAS detection and removal efforts in public water supplies,
and resolve current and future drinking water claims, the company said. “This
agreement is not an admission of liability,” 3M said in a statement. “If the
agreement is not approved by the court or certain agreed terms are not
fulfilled, 3M is prepared to continue to defend itself in the litigation.” 3M
shares are down more than 16% year to date, while the Dow Jones Industrial
Average DJIA , of which 3M is a component, is up 2.4%.


FORD READIES ANOTHER ROUND OF LAYOFFS: WSJ

Ford Motor Co. F is getting ready for another round of layoffs in the coming
weeks, The Wall Street Journal reported, citing people familiar with the matter.
The layoffs are expected to include mostly U.S. salaried workers, and would be
one of several rounds at Ford in recent months. The number of people Ford plans
to lay off in this latest round couldn’t be learned, the report said. The cuts
are expected to affect employees on Ford’s businesses focusing on internal
combustion engines as well as EVs and software, the newspaper said. Ford did not
immediately return a request for comment, and its shares wavered between gains
and losses in the aftermarket after ending the regular trading day up 1.2%.


AMAZON MAY GET A BAD RAP ON AI, BUT MORGAN STANLEY SAYS ITS PROVEN STRATEGY WILL
WIN OUT AGAIN


SMITH & WESSON STOCK RISES AFTER FOURTH-QUARTER RESULTS TOP EXPECTATIONS,
DIVIDEND HIKE

Shares of Smith & Wesson Brands Inc. SWBI on Thursday rose after hours after the
gun maker reported fiscal fourth-quarter results that topped expectations and
said its board approved a 20% dividend hike. The company reported net income of
$12.8 million, or 28 cents a share, compared with $36.1 million, or 79 cents a
share, in the same quarter last year. Sales fell 20.1% to $144.8 million,
compared with $181.3 million in the prior-year quarter. Adjusted for relocation
expenses, Smith & Wesson earned 32 cents a share. Analysts polled by FactSet
expected adjusted earnings per share of 29 cents, on sales of $138.4 million.
Chief Executive Mark Smith said markdowns on firearms helped clear stockrooms at
gun stores and distributors, and said it expected consumer demand “to resemble
demand in fiscal 2023.” Shares rose 2.6% after hours.

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WORK-FROM-HOME JOB VACANCIES ARE SHRINKING


TIKTOK COO PAPPAS STEPS DOWN AMID STAFF RESHUFFLING


FDA APPROVES SAREPTA'S GENE THERAPY FOR DUCHENNE MUSCULAR DYSTROPHY


BUY INTEL STOCK FOR THE BIG COST-CUTTING PLAN, SAYS ANALYST

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WILL FINANCIAL ADVICE HELP ME SAVE MORE FOR RETIREMENT?


OPINION: 3 TAX-SMART CHARITABLE GIVING STRATEGIES YOU CAN USE ANY TIME OF YEAR


RETIRING IN A BEAR MARKET CAN BE CATASTROPHIC — WORKING ONE MORE YEAR CAN MAKE A
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BANK BORROWING FROM THE FED RISES FOR 7TH STRAIGHT WEEK


JET ENGINE, DRONE DEALS UNVEILED AS BIDEN MEETS INDIA’S MODI


SENATORS MAKE HEADWAY ON CLAWING BACK PAY FROM FAILED BANKS’ CEOS, AS KEY
COMMITTEE ADVANCES BILL


HERE ARE THE REPUBLICANS RUNNING FOR PRESIDENT AS FORMER TEXAS REP. WILL HURD
ENTERS THE 2024 RACE

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THE MAGIC NUMBER FOR RETIREMENT CLIMBS AS MOST AMERICANS EXPECT TO WORK LONGER —
EXCEPT GEN Z


CALL IT THE BABY-BOOMER EFFECT: AMERICA IS GETTING OLDER FASTER THAN EVER. WHAT
DOES THAT MEAN FOR THE COUNTRY?


IS CHATGPT THE FUTURE OF INVESTMENT ADVICE?


HEY, POLITICIANS, KEEP YOUR HANDS OFF OUR SOCIAL SECURITY

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Personal Finance


TECH COMPANIES SCALED BACK DEI TEAMS LAST YEAR AMID ‘WORRYING’ BACKLASH, REPORT
SAYS


KROGER INVESTORS VOTE FOR REPORT ON RACIAL AND GENDER PAY GAPS


NBA ALL-STAR CHRIS PAUL ON WHAT HE LOOKS FOR IN AN INVESTMENT, COMPETING WITH
LEBRON JAMES, AND HIS FAVORITE POSSESSION


THANK YOU, TAYLOR SWIFT, FOR TEACHING GIRLS ABOUT TAKING CONTROL OF THEIR LIVES
AND CAREERS

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‘HE’S CONTENT LIVING PAYCHECK TO PAYCHECK’: MY HUSBAND WON’T WORK OR GET A
DRIVER’S LICENSE. NOW THINGS HAVE GOTTEN EVEN WORSE.


‘I’M 62 AND READY FOR MY GOLDEN YEARS’: I’VE $1.7 MILLION IN ANNUITIES, ROTHS
AND INDEX FUNDS. CAN I AFFORD TO NEVER WORK AGAIN?


‘IT FEELS LIKE A HEAVY BURDEN’: MY HUSBAND ASKED ME TO SELL MY $14,000
ENGAGEMENT RING TO PAY OFF OUR DEBT. IS HE ASKING TOO MUCH?


MY MOTHER’S WILL LEAVES EVERYTHING TO HER 3 CHILDREN. MY BROTHER DIED SUDDENLY —
AND HIS WIFE SAYS SHE WILL RECEIVE HER LATE HUSBAND’S SHARE

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NO MATTER YOUR AGE, HERE’S HOW TO TELL IF YOUR FINANCES ARE ON THE RIGHT TRACK


SHOULD I USE A 401(K) OR AN IRA TO SAVE FOR RETIREMENT? A TRADITIONAL ACCOUNT OR
THE ROTH VERSION? HERE’S WHAT TO KNOW


THESE 5 GREAT, EASY-TO-READ BOOKS ABOUT MONEY WILL CHANGE HOW YOU THINK ABOUT
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WHEN IS IT WORTH HIRING SOMEONE TO MANAGE YOUR MONEY?

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CALM OBSERVED AT SOUTHERN U.S. BORDER AFTER MIDNIGHT LIFTING OF PANDEMIC-ERA
ASYLUM RESTRICTIONS


AS COVID PUBLIC HEALTH EMERGENCY ENDS, ‘WHACK-A-MOLE’ VIRUS WON’T BE EASY TO
TRACK


NOVAVAX’S STOCK SOARS AFTER POSITIVE COVID AND FLU TRIAL DATA AND NEWS OF PLAN
TO LAY OFF 25% OF WORKFORCE


CDC’S ROCHELLE WALENSKY RESIGNS, CITING PANDEMIC TRANSITION

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Picks


FED CHIEF SAYS INTEREST RATES ARE LIKELY TO RISE ‘ONCE OR TWICE BY THE END OF
THE YEAR.’ IN THE MEANTIME, THESE 10 CDS AND SAVINGS ACCOUNTS ARE PAYING MORE
THAN 5% APY.


WHAT IS A CERTIFIED FINANCIAL PLANNER (CFP)?


‘I’M UNDER GREAT FINANCIAL STRESS AND A MOUNTAIN OF CREDIT CARD DEBT.’ I’M 66,
RETIRED IN 2021, AND NEED HELP. WHO SHOULD I TURN TO?  


AMAZON PRIME DAY IS JULY 11-12. YOU’LL NEED THE $139-A-YEAR PRIME MEMBERSHIP TO
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WHAT YOU SHOULD BE THINKING ABOUT 10 YEARS BEFORE RETIREMENT


HOW A POVERTY MIND-SET CAN RUIN YOUR RETIREMENT


RETIREES WATCHING THE STOCK MARKET, A LOWER COLA IN 2024, SCAMMERS EMBRACE AI,
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A SECURE RETIREMENT IS POSSIBLE EVEN IF YOU HAVEN’T SAVED ENOUGH — YET

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WHY IS FLOOD INSURANCE SO EXPENSIVE? FLORIDA HOMEOWNERS DETAIL STRUGGLE WITH
RISING COSTS


THE COST OF BUILDING A NEW HOME IS RISING AT AN ‘UNPRECEDENTED RATE,’ BANK OF
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YOU NEED TO EARN ALMOST $20,000 MORE TO BUY A MEDIAN-PRICED HOUSE NOW


U.S. EXISTING HOME PRICES SUFFER LARGEST DROP SINCE DECEMBER 2011

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A BAHAMAS MANSION SURROUNDED BY WATER LISTS FOR $40 MILLION


MANSION GLOBAL DAILY: LUXURY HOMES SELLING FAST IN MUMBAI


MORTGAGE RATES PREDICTED TO FALL TO 6% BY YEAR’S END


PARIS’S ECLECTIC ARCHITECTURE TELLS A STORY THAT GOES BACK CENTURIES

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