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☆ Video: Democratic Rep. Adam Smith on why he’s calling for Biden to drop out of race
▼ + stars: | 2024-07-08 | by ( Sarah Jorgensen | ) edition.cnn.com time to read: 1 min

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☆ Stocks making the biggest moves midday: Paramount Global, Morphic Holding, Ideaya Biosciences and more
▼ + stars: | 2024-07-08 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Skydance and its financial backers will invest more than $8 billion into Paramount and to acquire National Amusements, Paramount's controlling shareholder. Morphic Holding – Shares rallied 75% on news that Eli Lilly will acquire the biopharmaceutical company in a $3.2 billion deal . The deal will give Eli Lilly access to Morphic's portfolio of treatments in development, such as those for ulcerative colitis and Crohn's disease. Shares of Eli Lilly advanced 1.3% on the news. Boeing – Shares fell slightly after the airplane maker agreed to plead guilty to criminal fraud related to the fatal 737 Max crashes, sparing Boeing from a trial.

Persons: Eli Lilly, BofA, Corning, Guggenheim, Max, Grayson, Raymond James, Samantha Subin, Pia Singh, Hakyung Kim, Sarah Min, Michelle Fox Organizations: Paramount Global, Skydance Media, Skydance, Paramount, National, Morphic, Ideaya Biosciences, Bank of America, Boeing –, Boeing, ., CNBC, Devon Energy, Gilead Sciences Locations: Columbia, Stifel, Williston, Gilead

☆ 'House of the Dragon' star Eve Best breaks down Rhaenys' sacrifice and unleashing dragon warfare on Westeros
▼ + stars: | 2024-07-08 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

At least, according to Eve Best, the actor who's played Rhaenys for a season and a half on "House of the Dragon." Best as Princess Rhaenys in season two, episode four of "House of the Dragon." Advertisement"She deliberately, at the end of episode nine, chose not to start a nuclear war, very rightly," Best told BI. "Then it becomes an instruction, and it's then the final piece of guidance to Rhaenyra," Best told BI. "It has to be a sacrifice, because I feel that for Rhaenys, she's done everything to not have this war," Best told BI.

Persons: —, Rhaenys Targaryen, Eve Best, who's, King, Ser Criston Cole, It's, Rhaenyra, Cole, it's Rhaenys, Grace, Rhaenys, Ollie Upton, HBO Rhaenys, King Aegon's, Daemon, Ryan Condal, Alicent, Lancelot, Ryan, She'd, she'd, Steve Toussaint, wasn't, Sarah Hess, it's, Meleys, Alan Taylor, doesn't, Ewan Mitchell, Aemond, Theo Whitman, Sunfyre, dracarys Organizations: Service, King Aegon, Business, HBO, Aegon Locations: Dragonstone, Westeros, dragonback, Meleys, what's

Learn moreThe 2024 WNBA All-Star game is just around the corner, which means that it's almost time to watch the biggest names in the WNBA face off. While original tickets have sold out, there are still a few avenues to explore when it comes to how to buy WNBA All-Star Game tickets. Team WNBA and Team USA previously faced off in 2021 ahead of the Tokyo Olympics in an All-Star Game that saw Team WNBA walk away with the win. How to buy WNBA All-Star Game ticketsTickets to the WNBA All-Star Game were originally sold on Ticketmaster but have sold out. How much are WNBA All-Star Game tickets?

Persons: Dearica Hamby, We've, WNBA DeWanna Bonner, Indiana Fever Caitlin Clark, Allisha Gray, Los Angeles Sparks Brionna Jones, Los Angeles Sparks Brionna Jones , Connecticut Sun Jonquel Jones, Los Angeles Sparks Brionna Jones , Connecticut Sun Jonquel Jones , New York Liberty Kayla McBride, Minnesota Lynx Kelsey Mitchell, Dallas Wings Nneka, Seattle Storm Angel Reese, Chicago Sky Team USA Napheesa Collier, Mercury Chelsea Gray, Phoenix, Sabrina Ionescu, New York Liberty Jewell Loyd, Seattle Storm Kelsey Plum, Las Vegas Aces Breanna Stewart, Las Vegas Aces Breanna Stewart , New York Liberty Diana Taurasi, Mercury Alyssa Thomas, Mercury Alyssa Thomas , Connecticut Sun A'ja Wilson, Las Vegas Aces Jackie Young Organizations: Business, WNBA, USA, Team WNBA, Team USA, Tokyo, Ticketmaster, Vivid, WNBA DeWanna Bonner , Connecticut Sun, Indiana Fever, Atlanta, Los Angeles Sparks, Los Angeles Sparks Brionna Jones , Connecticut Sun, Los Angeles Sparks Brionna Jones , Connecticut Sun Jonquel Jones , New York, Minnesota Lynx, Indiana, Dallas Wings, Seattle Storm, Chicago Sky Team USA, Mercury, Las Vegas Aces, New York Liberty, Las Vegas Aces Breanna Stewart , New York Liberty, Mercury Alyssa Thomas , Connecticut Sun Locations: Phoenix , Arizona, USA, WNBA DeWanna Bonner , Connecticut, Boston, Indiana, Los, Los Angeles Sparks Brionna Jones , Connecticut, Los Angeles Sparks Brionna Jones , Connecticut Sun Jonquel Jones , New, Las Vegas Aces Breanna Stewart , New, Mercury Alyssa Thomas , Connecticut

☆ Stock futures are little changed after S&P 500, Nasdaq close at fresh records: Live updates
▼ + stars: | 2024-07-08 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

U.S. stock futures were little changed Monday night after the S&P 500 and Nasdaq Composite closed at fresh record highs. S&P 500 futures and Nasdaq 100 futures climbed 0.12% and 0.18%, respectively. The S&P 500 and Nasdaq Composite closed Monday's trading session at all-time highs again, each rising slightly as investors awaited key inflation data and earnings results due out later this week. The broad market index closed up 0.1%, while the tech-heavy Nasdaq gained 0.3%. Bank earnings results from Citigroup and JPMorgan Chase are due out Friday.

Persons: Courtney Garcia, CNBC's, Jerome Powell, Powell, JPMorgan Chase, —, Jeff Cox Organizations: New York Stock, Nasdaq, Dow Jones Industrial, Dow Jones, Reserve, Payne Capital Management, Senate, Financial Services, PepsiCo, Delta Air Lines, Citigroup, JPMorgan

In June, 30-year mortgage rates averaged around 6.58%, an 18-basis-point drop from the month before, according to Zillow data. This index is a key measure of inflation, and if it decelerated last month, mortgage rates could inch down in response. As inflation slows and the Federal Reserve is able to start lowering the federal funds rate, mortgage rates are expected to ease. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates inched down to 6.25% last week, according to Freddie Mac data.

Persons: Fannie Mae's, homebuyers, you'll, Freddie Mac, it's Organizations: of Labor Statistics, Federal Reserve, Zillow Locations: Chevron

Wall Street’s game theoryAs more leading Democrats say privately that President Biden should withdraw from the presidential race, some of the party’s most prominent backers on Wall Street spent the holiday weekend debating what to do next. If they favor calling for him to step back, they discussed what their next moves should be. Wall Street is taking a different approach than Hollywood. (Many are also reportedly irate at Jeffrey Katzenberg, Biden’s campaign co-chair.) And many donors want to maintain their influence within the Democratic Party.

Persons: Biden, Larry Fink, BlackRock, Robert Rubin, Jon Gray, Blackstone, Peter Orszag, Lazard, Blair Effron, Robert Wolf, Barack Obama —, DealBook, Reed Hastings, Barry Diller, Rob Reiner, Abigail Disney, Jeffrey Katzenberg Organizations: Wall, Treasury, Centerview Partners, UBS, Hollywood, Netflix, IAC, Democratic Party

☆ Goldman trader is on correction watch because everyone — including himself — is too bullish
▼ + stars: | 2024-07-08 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Goldman Sachs' Scott Rubner is now on correction watch because everyone, including himself, is too bullish on stocks, he said. "This is the last bullish U.S. Equity email that I will be sending out for now, as the last standing bears have capitulated and everyone is in the pool," Rubner wrote on Monday. Kolanovic came to prominence after forecasting a recovery during the coronavirus pandemic but had maintained a bleak outlook on equities over the past two years even as the S & P 500 surged to new highs. Rubner anticipates the S & P 500 could top out around mid-July. "Since 1928, July 17th has marked the local top for the month heading into a materially lower August," Rubner wrote.

Persons: Goldman Sachs, Scott Rubner, Rubner, Marko Kolanovic, Kolanovic Organizations: U.S, Equity, JPMorgan

☆ Jeff Bezos shared a key piece of business advice years ago that is more important than ever in the age of AI
▼ + stars: | 2024-07-08 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Jeff Bezos gave some advice years ago that's still relevant in the AI boom today. However, he says you build a winning business strategy around "the things that are stable in time." AdvertisementA piece of business advice Jeff Bezos shared years ago is as relevant as ever in the AI age. "I very frequently get the question, 'What's going to change in the next 10 years?' "I almost never get the question, 'What's not going to change in the next 10 years?'

Persons: Jeff Bezos, —, Bezos Organizations: Amazon, Service, Business

☆ Trump's increasing election odds after debate already affecting financial markets
▼ + stars: | 2024-07-08 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Financial markets are slowly starting to absorb the possibility that what was once a toss-up presidential election campaign has taken a notable turn. That has put investors in a quandary of how to handicap what a Trump presidency would look like from an economic and market standpoint. .SPX mountain 2024-06-28 S & P 500 performance since the debate However, the bond market has had a bit more of a reaction. The first Trump presidency and some of his campaign rhetoric nevertheless has led to guesswork about what could be ahead. "This particularly favors financials and there will be an expectation of more M & A approval in a Trump presidency.

Persons: Joe Biden, Donald Trump, specter, Biden, Trump, Mark Malek, Siebert AdvisorNXT, Handicapping, Michael Hartnett, Hartnett, Ed Mills, Raymond James, Kamala Harris, Harris, Chris Krueger, TD Cowen, Krueger, ABC's George Stephanopoulos, —, Sarah Min Organizations: Republican, Trump, Treasury, Bank of, White, Reading, New York Times, Biden, Democrat Locations: Washington

☆ Hollywood theater owners are worried a Paramount-Skydance merger will usher in too much consolidation
▼ + stars: | 2024-07-08 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

More consolidation, more problems — that's the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. Namely, that continued consolidation in the industry will exacerbate production woes that have led to fewer film releases in recent years. Skydance founder David Ellison during an investor call Monday touted that Paramount and Skydance have produced 30 feature films together. However, each company has other producing partners, and it is unclear how this merger could affect production going forward.

Persons: —, Michael O'Leary, David Ellison, Shawn Robbins, Paul Dergarabedian Organizations: Paramount, National Association of Theatre Owners, NATO, Disney, Century Fox

☆ Stocks making the biggest moves premarket: Paramount, SolarEdge, Morphic Holding and more
▼ + stars: | 2024-07-08 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Morphic Holding — Shares surged more than 75% on news that Eli Lilly will acquire the biopharma company in a $3.2 billion deal . The deal will give Eli Lilly access to Morphic's portfolio of treatments in development, such as those for ulcerative colitis and Crohn's disease. Eli Lilly shares inched up 0.2% on the news. SolarEdge — The energy company rose 5% after Bank of America upgraded shares to neutral from underperform, citing an attractive entry point for investors. Gilead — Shares of the biotech stock rose more than 2% after an upgrade to outperform from market perform at Raymond James.

Persons: Eli Lilly, SolarEdge, Guggenheim, ServiceNow, John DiFucci, Baird, Gilead —, Raymond James, Gilead, Sarah Min, Jesse Pound, Michelle Fox, Yun Li Organizations: Paramount, Skydance Media, Bank of America, PNC, UBS, KeyCorp, Columbia, —

If the data shows that inflation slowed last month, mortgage rates could ease a bit. So it's likely that we'll see mortgage rates decrease throughout the remainder of 2024. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage RatesLast week, average 15-year mortgage rates were 6.25%, a nine-basis-point increase from the previous week, according to Freddie Mac data. Once the Fed cuts rates, mortgage rates should fall even further.

Persons: we'll, you'll, Freddie Mac, it's Organizations: of Labor Statistics, Federal Reserve, Zillow Locations: Chevron

☆ French voters head to polls for crucial second round of snap parliamentary election
▼ + stars: | 2024-07-07 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

The newly-formed left-wing coalition, the New Popular Front (NFP), came second with 28%, while Macron’s Ensemble alliance trailed in a distant third with 21%. In the outgoing parliament, Macron’s alliance had only 250 seats, and so needed support from other parties to pass laws. In an attempt not to split the anti-far right vote, more than 200 candidates from Macron’s alliance and the NFP agreed to stand down in the second round. Whatever the result of Sunday’s vote, France seems set to endure a period of political chaos, with Macron unable to call another parliamentary election for at least a year. Jordan Bardella speaks at the RN headquarters in Paris after the first round of voting, June 30, 2024.

Persons: Emmanuel Macron, –, Jordan Bardella, Bardella, Gerald Darmanin, Sarah Meyssonnier, Macron, Jean, Luc Melenchon, Raphael Gluckmann, Gabriel Attal, Macron’s Organizations: CNN — Voters, Front, NFP, National Assembly, Macron’s, France Unbowed, Melenchon Locations: France, Vichy, Paris, Europe, Brussels, Ukraine

Mortgage rates have started July a bit higher than they were last month, with 30-year mortgage rates averaging around 6.71% this week, according to Zillow data. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 30-Year Fixed Mortgage RatesThe average 30-year fixed mortgage rate was 6.95% this week, according to Freddie Mac. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 6.25% this week, according to Freddie Mac data, which is a nine-basis-point increase from the previous week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit.

Persons: Danielle Hale, Hale, Freddie Mac Organizations: of Labor Statistics, Labor, Federal Reserve, Zillow, Fed Locations: U.S, Chevron

☆ Beckham, Guardiola and the Princess of Wales: Welcome to Wimbledon’s Royal Box
▼ + stars: | 2024-07-06 | by ( Nick Miller | ) www.nytimes.com time to read: +13 min

On the upside, you get the best view in the house for the most famous tennis tournament in the world. The Royal Box at Wimbledon is an unending source of fascination for people ostensibly tuning in to watch some top-class sport. Guardiola and Williamson acknowledged the crowd, as is traditional in the Royal Box on middle Saturday. You get drinks on arrival, served on the balcony behind Centre Court, which overlooks some of the smaller courts. The invitation reads: ‘The Chairman and Committee of Management of The Championships request the pleasure of the company of [insert name] & Guest in the Royal Box on [insert date].

Persons: Jeff Bezos, David Attenborough, Princess, Wales, Kylie Minogue, Prince Albert of Monaco, Pep Guardiola, Bear Grylls, David Beckham, Samuel L Jackson, David Cameron, Sachin Tendulkar, Richard Branson, Alex Ferguson, James Bond, Christopher Eubanks, Debbie Jevans, Jevans, Pat Cummins, Niamh Cusack, Sir John Timpson, Keir Starmer’s, Theresa May, Sir David Attenborough, Katherine Jenkins, Dave Grohl, Olga Morozova, Ian Hewitt, Dame Sarah Gilbert, Gilbert, Irene Tracey, Dame Ruth Beverley, Nazanin Zaghari, Ratcliffe, Andy Murray’s, Murray, Zaghari, Roger Federer, Ryan Peniston, Karwai Tang, Pierce Brosnan, Anna Wintour, Russell Wilson, Sam Mendes, Eddie Redmayne, Sienna Miller, Jude Law, Ian McKellen, Maggie Smith, Michael McIntyre, Duke, Duchess of Kent, Prince Michael of Kent, Queen Elizabeth II, Geordie Greig —, —, George Osborne, John Witherow, they’re, Guardiola, Williamson, Andrej Isakovic, Mark Philippoussis, Roger Federer’s, Conchita Martinez, Leah Williamson, Denise Lewis, Ben Stokes, Beckham, Gareth Southgate, Jordan Henderson, Geoff Hurst, Bobby Charlton, Luke Donald, Rory McIlroy, Ernie Els, Sergio Garcia, David Haye, Chris Hoy, Kelly Holmes, Nicola Adams, Jessica Ennis, Hill, you’ve, Aaron Chown, Tom Cruise ”, Lewis Hamilton, Novak Djokovic, ” sniffed, –, ” Alan Chalmers, didn’t, ”, Pippa Middleton, Ilie Nastase, Serena Williams’s, hasn’t, Boris Becker, Eamonn Dalton Organizations: National Health Service, Wimbledon, Court, Lawn Tennis, Green Sport, Conservatives, Foo Fighters, BBC Radio, Royals, Evening, The, England women’s, European, Getty, Manchester City, Augusta, British, The New York Times, Olympic, Management, Inter Miami CF ’, “ Wimbledon Locations: British, Iran, Ratcliffe, Wales, That’s, London, AFP, England, Marbella, it’s, Romanian

☆ Former Microsoft CEO Steve Ballmer is now just as rich as his former boss Bill Gates. Here's how he spends his billions.
▼ + stars: | 2024-07-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Earlier this week, Steve Ballmer's wealth briefly overtook that of his former boss, Bill Gates. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Steve Ballmer's wealth leapfrogged that of Gates, his former boss and Microsoft's cofounder. This story is available exclusively to Business Insider subscribers.

Persons: Steve Ballmer's, Bill Gates, They're, Ballmer, —, Gates Organizations: Bloomberg, NBA's LA Clippers, Intuit, Service, Business

Even so, four sources close to the Biden family said there is no active effort to shake up staffing right now. Hunter Biden's appearance in White House meetings this week was just one instance of what is expected to be the deeper Biden family involvement. From the view of some Biden aides, the family is seizing on an opportunity to try to settle old scores. President Joe Biden's family is attempting to become more involved over his campaign and White House affairs as their anger with his staff spills into public view. Hunter Biden's stepped-up involvement has confounded some White House staff members and revived a longtime sore spot.

Persons: Biden, Anita, Bob, Jeff Zients, Anita Dunn, Bob Bauer, Hunter, Valerie Owens, Joe Biden's, Joe Biden, Jill Biden, Francis S, Ron Klain, It's, Hunter Biden's, Bauer, Dunn, Hunter Biden, Michael LaRosa, LaRosa, Andrew Bates, Donald Trump, Bauer haven't, Almighty's Organizations: White, White House, ABC, Biden, NBC, Air Force, Gabreski, Union, Yale, Camp David, Democratic Party, Trump Locations: White, Washington, Westhampton Beach , New York, Delaware

Average 30-year mortgage rates ticked up nine basis points to 6.95% this week, according to Freddie Mac. Forecasters have long been predicting that mortgage rates will soon decrease, but stubbornly high inflation in the first half of the year pushed back those expectations. Mortgage Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments.

Persons: Freddie Mac, Fannie Mae Organizations: Zillow, Federal Reserve, Mortgage, Association, ARM Locations: Chevron

With plenty of dates still remaining in their 2024 tour, there are a few avenues for how to buy Foo Fighters tickets this year. We've got you covered if you're looking for how to get tickets to Foo Fighters' 2024 tour. Foo Fighters 2024 tour scheduleFoo Fighters' European tour concludes on July 7, 2024. How to buy tickets for Foo Fighters 2024 concert tourYou can buy original tickets to Foo Fighters' 2024 Everything Or Nothing at All Tour on Ticketmaster. The least expensive standard original tickets for Foo Fighters' 2024 tour begin at $36 for the band's August 3 show in Denver.

Persons: Dave Grohl, Grohl, Nate Mendel, Chris Shiflett, Pat, Josh Freese, Rami Jaffee, We've, Alex G, they'll Organizations: Business, Foo Fighters, Fighters, Ticketmaster, Denver, Vivid, WA Mammoth, WA Locations: Seattle, North America, Europe, New York City, United States, Bridgeport , Connecticut, Werchter, Belgium, York City, NY, Boston, Hershey, Cincinnati, Minneapolis, Denver, San Diego, Los Angeles, CA, Concord, Portland, WA, Bridgeport, Cincinnati ,, Los Angeles , CA, Hershey ,, San Diego ,, Los Angeles ,, San Diego , CA

☆ Stocks making the biggest moves premarket: Macy's, Tesla, Novo Nordisk and more
▼ + stars: | 2024-07-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Crypto stocks — Stocks tied to bitcoin price slid after the cryptocurrency dropped 5% to its lowest level since February , with the now defunct Mt. Macy's — Shares of the retailer jumped more than 6% following a Wall Street Journal report that an investor group has hiked its takeout offer. Arkhouse Management and Brigade Capital Management are now offering about $24.80 per share for Macy's, up from $24 previously, the report said. Tesla — The electric vehicle manufacturer popped 2%, marking a continuing comeback after its second-quarter vehicle deliveries number beat analyst estimates earlier this week. Shell — Shares popped 1%.

Persons: Stocks, Energy, CleanSpark, Instructure, Tesla, CNBC's Hakyung Kim, Tanaya Macheel, Sarah Min, Jesse Pound Organizations: Marathon, Francisco Partners, KKR, Reuters, Macy's, Journal, Arkhouse Management, Brigade Capital Management, Novo Nordisk —, Harvard, Novo Nordisk's Ozempic, Deutsche Bank, Shell Locations: Novo, Singapore, Rotterdam

☆ The 2 social media apps Gen Z and millennials can agree on
▼ + stars: | 2024-07-05 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Gen Z and millennials are at odds over some social media, but they seem to agree on two of them. Gen Z uses Snapchat and TikTok more than millennials, who use Facebook more, Emarketer data shows. AdvertisementGen Z and millennials have some differing preferences when it comes to social media platforms, but they seem to agree on two big ones. Gen Z uses Snapchat and TikTok more so than millennials do, while millennials outdo Gen Z in Facebook usage, according to data in a new Emarketer report. In the report, Gen Z is defined as those born between 1997 and 2012, while millennials are the generation born between 1981 and 1996.

Persons: Z, Gen, — Organizations: Facebook, Service, Business

☆ Inflation will be in focus in the week ahead as stocks attempt to sustain all-time highs
▼ + stars: | 2024-07-05 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Some key inflation readings in the week ahead could bolster the case for a September interest rate cut, as investors deliberate how long stocks can sustain their rally to record highs. After a rocky start to the year, a recently improving inflation picture has investors hopeful the Federal Reserve could soon start to lower rates. Stubborn inflation patches The June consumer price index is expected to show a slight improvement in the headline number. In May, for example, shelter inflation rose 0.4% on the month and 5.4% on the year, while other key items declined. Monday, July 8 3 p.m. Consumer Credit (May) Tuesday, July 9 6 a.m. NFIB Small Business Index (June) Wednesday, July 10 10 a.m. Wholesale Inventories final (May) Thursday, July 11 8:30 a.m. Consumer Price Index (June) 8:30 a.m.

Persons: nonfarm payrolls, Mark Malek, FactSet, there's, Ross Mayfield, Baird, Mayfield, David Kelly, CNBC's, Wells, Price, JPMorgan Chase Organizations: Reserve, Dow Jones, Nasdaq, CPI, PPI, FactSet, University of Michigan, Asset Management, Citigroup, JPMorgan Chase, PepsiCo, Delta Air Lines, Consumer Credit, Treasury Budget, Air Lines, Conagra, JPMorgan, Bank of New York Mellon Locations: U.S, Wells Fargo, Michigan, Fastenal

People celebrate exit poll results at a "Stop The Tories" election afterparty in London, on July 4. Last month’s European elections saw a historic number of lawmakers from hard-right and far-right parties elected to the European Parliament. Farage’s political success to date has all come without him holding a parliamentary seat. It is possible that Farage’s splitting of the right has actually helped Starmer increase his majority in parliament. An odd quirk of British politics is that the percentage of votes a party gets doesn’t necessarily translate to seats.

Persons: Suzanne Plunkett, Emmanuel Macron, Benito Mussolini, Euroskepticism, Nigel Farage, Donald Trump, Keir Starmer, Starmer’s, Farage, Starmer Organizations: United, Labour Party, Parliament, European, Conservative Party, Reform, Conservatives, Labour Locations: London, Europe, Netherlands, Italy, Britain, British

People celebrate exit poll results at a "Stop The Tories" election afterparty in London, on July 4. Suzanne Plunkett/ReutersThe United Kingdom’s decision to hand the center-left Labour Party a parliamentary majority, according to the exit poll, comes at the same time Europe is broadly in the grip of what some call a right-wing populist surge. Last month’s European elections saw a historic number of lawmakers from hard-right and far-right parties elected to the European Parliament. Farage’s political success to date has all come without him holding a parliamentary seat. An odd quirk of British politics is that the percentage of votes a party gets doesn’t necessarily translate to seats.

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