The Daily

• Retirees may see an approximate 77% increase to their Social Security benefits by waiting from age 62 to age 70 to claim benefits, depending on their personal circumstances, according to new research from the Bipartisan Policy Center.
• For individuals who can and want to wait to claim, that poses the challenge of how to fund their expenses during those interim years.

 » Read more about: It pays to wait to claim Social Security retirement benefits. Having a ‘bridge strategy' can help  »

In Europe, where investors were awaiting news of Trump’s new tariff level targeting the European Union, the Paris stock market dropped 0.9 per cent and Frankfurt 0.8 per cent.

“The fallout hasn’t been more pronounced because the market still continues to view all of this as a point of negotiating leverage,”

 » Read more about: S&P 500 recedes from record highs as tariffs sour sentiment  »

NEW YORK: Wall Street ended lower on Friday, with Meta Platforms weighing on the S&P 500 after President Donald Trump intensified his tariff offensive against Canada, amplifying the uncertainty swirling around US trade policy.

Trump late on Thursday ramped up his tariff assault on Canada, saying the US would impose a 35% tariff on imports next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners.

 » Read more about: S&P 500 ends down as tariffs sour sentiment  »

CINCINNATI (WXIX) – A generational investment is being made to Sharon Lake that aims to make the area better for both the people who enjoy its beauty and the wildlife that live there.

FOX19 NOW’s Jason Maxwell has the latest with the Sharon Lake Improvement Project.

See a spelling or grammatical error in our story?

 » Read more about: Investments are being made to conserve and improve Sharon Lake  »

COOKEVILLE, Tenn. (WSMV) – The Putnam County Sheriff’s Office is investigating multiple scams involving Bitcoin and cryptocurrency ATMs.

PCSO reports that the scammers are requesting payments in the form of Bitcoin by depositing money in cryptocurrency ATMs.

“Scammers may claim the payment is needed for overdue bills, missed court dates, or a family emergency,” PCSO said.

 » Read more about: Sheriff’s office warns of scams involving Bitcoin, cryptocurrency ATMs in TN  »

 » Read more about: Warren Buffett – Business Insider  »

In addition to imposing a 35% tariff on Bangladeshi exports, the United States wants a minimum 40% local value addition for ready-made garments to qualify for the “Made in Bangladesh” label, according to commerce ministry sources.

RMG industry insiders fear that if the 40% threshold is not relaxed, Bangladesh’s woven export sector could face significant setbacks in the US market.

 » Read more about: In addition to 35% tariff, US demands 40% local value addition for 'Made in Bangladesh' goods  »

• CNBC’s Jim Cramer reviewed how a new tax measure in President Donald Trump’s megabill could impact the sports betting industry, saying he’s not too worried it will hurt business for big players DraftKings and FanDuel parent Flutter.
• “Ultimately, I think this is something we need to watch, but it doesn’t change my bullish attitude toward DraftKings and Flutter,”

 » Read more about: Jim Cramer is bullish on sports betting despite new tax measure in Trump's megabill. Here's why  »

Key Notes

• Arthur Hayes says that the spike in Bitcoin signals the onset of a “monster altcoin season.” This marks a pivot from his previous bearish stance that a major selloff looms for the asset class.
• Altcoins like SEI, SUI, and HBAR have already recorded double-digit gains over the past 24 hours.

 » Read more about: Arthur Hayes Predicts Ultra Bullish Altcoin Season Ahead  »

President Trump signed the “Big, Beautiful Bill” into law on July 4.

 » Read more about: Contrarian Opinion: President Trump's “Big, Beautiful Bill” Could Give a Big Boost to Tesla Stock… for Now  »