>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning on Wall Street after a higher close to start the week with the Dow Jones Industrial Average hitting a new record. Stocks rose as former President Trump officially picked up the GOP nomination on day one of the Republican National Convention in Milwaukee. Shares in Trump Media surged more than 30 percent following an assassination attempt on the former President over the weekend. At the closing bell, the Dow Jones Industrial Average gained 210 points to 40-211. The S&P 500 added 15 points to 56-31. The Nasdaq climbed 74 points to 18-472.
>>Fed Chair Talks Rate Cuts
(Washington, DC) -- It seems like there could be some good news on the horizon when it comes to interest rates. Fed Chairman Jerome Powell delivered remarks at the Economic Club of Washington D.C. on Monday. He said the central bank will likely not wait until inflation drops to two-percent to cut interest rates. Powell said that if you wait until inflation gets all the way down to two-percent "you've probably waited too long." He didn't say when the Fed might begin to cut rates, but the next meeting on the matter comes at the end of this month.
>>Elon Musk Ready To Give $45M Monthly To Support Trump
(Undated) -- Tesla CEO and world's richest man Elon Musk is preparing to give about 45-million dollars a month to a new super PAC supporting former President Trump. Musk endorsed Trump's 2024 campaign after Saturday's assassination attempt against Trump in Pennsylvania.
>>Prime Day Starts
(Seattle, WA) -- Prime Day 2024 is here. The two-day Amazon Prime sales event runs through tomorrow and promises to see numerous deals offered by the retail giant. An Amazon Prime membership is required to participate.
>>High Profile Comic-Con Set For Next Week In San Diego
(San Diego, CA) -- Comic-Con is gearing up for a more high profile event next week in San Diego. David Glanzer with Comic-Con says it will be great to get back to normal after the pandemic and the strikes in Hollywood over the last few years. The convention has signed an extension to stay in San Diego through 2026 with the celebration drawing an estimated 135-thousand people every year.
