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The Latest Breaking News from Benzinga

Economists Warn US Close To 'Stall Speed' And Could 'Tip Over Into Recession' On Disappointing Jobs Report

The July Jobs report by the Bureau of Labor Statistics, released on Friday, is raising concerns among economists, who warn that the latest data and sharp downward revisions point to a labor market that is losing momentum and potentially edging toward a recession.

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Bitcoin Rises Despite Trump's Tariff Moves; Ethereum, Dogecoin Also Gain: Analyst Advises To 'Buy The Dip' In August, Hold Until This Time

Leading cryptocurrencies gained alongside stock futures on Sunday despite lingering concerns over President Donald Trump’s tariff moves.

Benzinga

Fired Labor Bureau Commissioner Speaks Out After Trump Firing Over Job Numbers

Erika McEntarfer, the Commissioner of the Bureau of Labor Statistics, expressed gratitude for her role and the dedication of her colleagues in a social media post over the weekend.

Benzinga

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Dave Ramsey Says, 'You're Not Broke Because You Don't Make Enough. You're Broke Because You Give Your Income To Everyone Else'

Personal finance expert Dave Ramsey isn't sugarcoating it. In a recent post on X and segment on “The Ramsey Show,” he laid out exactly why so many Americans are struggling financially.

Benzinga

Kevin O'Leary Rejects Trump's Tariff Rebate Plan, Says Taxpayers Want To See The National Debt Paid Down

President Donald Trump recently suggested that revenue from tariffs could be returned to Americans in the form of rebate checks. He floated the idea as a way to give back to "people of a certain income level," noting that the U.S. is generating "so much money" from tariffs.

Benzinga

No, Gen Z Isn't Drinking Less for 'Wellness' — They Simply Can't Afford To

Gen Z's elder rung of 21- to 28-year-olds have been given the keys to drive the U.S. alcohol market. But to the concern and chagrin of the industry, they make up a miniscule percentile of total booze spending.

Benzinga

5 'Stupid Money Mistakes' That Could Be Draining Thousands From Your Wallet—What Financial Advisors Aren't Telling You

In a brutally honest Reddit post that’s gaining traction among personal finance communities, everyday Americans are calling out the financial missteps that drain thousands from their bank accounts annually. While financial advisors focus on complex investment strategies, these real-world insights reveal simpler—and more immediately impactful—ways to keep more money in…

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The Rich Are Using Self-Directed IRAs To Invest In Crypto, Startups—And Even Cows. Should You?

More investors are shaking off Wall Street's rigidity to explore unconventional retirement holdings such as cryptocurrencies, private startups, and even livestock.

Benzinga

Luxury Labels Lose Their Luster Amid Changing Vibes, Gucci Sales Plunge 25% and LVMH Disappoints

Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of the industry.

Benzinga

From AI To Emerging Markets: How 6 Pros Would Allocate $10K In Today's Market

Amid record-high markets, six Wall Street strategists shared where they would deploy $10,000 right now, identifying areas ranging from artificial intelligence to emerging markets, according to Business Insider.

Benzinga

From Phishing To 'Quishing': The Sneaky New QR Code Scam Targeting 26 Million Americans

When QR codes first hit the scene, they were a niche tool, employed by factories to track inventory or by museums to offer visitors unique interactive experiences. The pandemic made them more ubiquitous, and they can now be found everywhere from air travel to parking payments.

Benzinga

Mark Cuban's Secret To Launching Successful Business: 'It Doesn't Matter How Many Times You Fail, You Only Have To Be Right One Time'

Billionaire investor Mark Cuban shared his wisdom on starting a thriving business without any initial capital, drawing from his own early entrepreneurial journey.

Benzinga

Ex-CIA Chief John Brennan Accuses Trump of Borrowing Nazi Tactics

Former CIA Director John Brennan leveled a serious allegation against President Donald Trump, comparing Trump’s political maneuvers to those the Nazis.

Benzinga

61-Year-Old Was Thrilled To Be Laid Off And Start Retirement — Until Their Employer Offered A Role They'd Always Wanted

When a 61-year-old was laid off just before starting retirement, they saw it as perfect timing. With their Social Security benefits already approved and a severance package in hand, they were ready to start the next chapter. But then came a surprise twist — their employer offered them a new…

Benzinga

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She's 64, Retired, And Checks Her Schwab Account 5 Times A Day — 'How Do I Stop Obsessing About My Retirement Accounts?'

Retirement is supposed to be a time to relax — but for some, letting go of financial worries is harder than expected. One 64-year-old retiree recently posted on Reddit that she checks her Schwab account five times a day, even though she's confident she has enough money to last. "It's…

Benzinga

Jeff Bezos‑Backed Slate Truck Launches Under $20K After Tax Credit – Stereo And Power Windows Cost Extra

Imagine a two‑seat electric pickup backed by Jeff Bezos that cuts costs by excluding a stereo and power windows unless buyers pay extra.

Benzinga

The Rise of Social Investing: Why Following Experts Might Be Your Best Move

Sometimes, your best investment move might be watching someone else make theirs.

Benzinga

This 34-Year-Old Quit His Law Firm Job After Making $10,000 In A Month On Fiverr — Now He Pays Himself Over $350,000 A Year

Indianapolis attorney Derrick Morgan Jr. told CNBC in January that earning $10,000 in a single month on Fiverr convinced him to quit his law-firm desk.

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Benzinga

Consumer Tech News (July 28–August 1): Earnings From Apple, Microsoft, and Amazon Offset by Fed Jitters, Tariff Woes

Despite strong quarterly earnings from major tech firms, Wall Street ended the week lower as investor focus shifted to mounting macroeconomic risks.

Benzinga

Steve Jobs Once Said Making Something Great Doesn't Require 'More Energy' Or 'More Money,' But Does Require This One Skill In Abundance

Apple co-founder Steve Jobs insisted that the secret to turning a good idea into a great one isn’t money or energy but the willingness to strive for it.

Benzinga

Trump's Trade Deals, Tariffs, The Tumbling Labor Market And More: This Week In Economy

The past week has been a whirlwind of economic events, with President Donald Trump making headlines for his bold claims and controversial decisions. From touting a new trade agreement with the EU to launching a new round of tariffs, Trump’s actions have stirred up both support and criticism.

Benzinga

The Impact Of 'Grey Divorce': 40% Of Americans Say Later-In-Life Splits Derailed Their Retirement Plans

This "grey divorce" trend has far-reaching implications, including impacts on retirement plans, a new survey by Allianz Life Insurance Company finds.

Benzinga

Meet The Biotech Startup Challenging Ozempic With A Fat-Burning Pill That Lets You Keep Eating

Imagine shedding weight while sitting quietly watching TV, even without cutting calories. A pioneering pill called SANA, created by Uruguayan startup Eolo Pharma, could one day make that possible.

Benzinga

Want To Save More And Spend Smarter? Try Seeing Every Purchase As Hours Of Your Life—It Puts Things In Perspective Fast

For people trying to get better with money, one mindset shift can make a big difference: stop thinking of purchases in dollars and start thinking of them in hours of your life.

Benzinga

Berkshire Buyback Pause Signals Caution Despite $344 Billion Cash Hoard, Rail Gains

Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) posted a 3.8% decline in second-quarter operating earnings, dragged down by weak insurance underwriting and a hefty $3.8 billion impairment tied to its stake in The Kraft Heinz Company (NASDAQ:KHC).

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