Northern Trust Corporation Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series E Non-Cumulative Perpetual Preferred Stock (NTRSO)

Oceana hosted its 18th annual SeaChange Summer Party in Laguna Beach, raising $1.7 million for ocean conservation efforts. The event featured actor Sam Waterston, honored documentarians Barbara and Greg MacGillivray, and included a performance by Charles Kelley.

The Wall Street Journal reported that Bank of New York Mellon approached Northern Trust about a potential merger, causing Northern Trust's stock to rise over 11% during the week. While discussions are preliminary, the potential deal could be more of an acquisition given Northern Trust's $24 billion market cap.

Many economists predict that President Trump's decision to impose tariffs on Canada and Mexico will result in a recession in the U.S. within the next 9-12 months, as the tariffs will negatively impact corporate hiring and put U.S. manufacturers operating globally in a difficult situation.

The article discusses five financial stocks that may be overbought and could potentially collapse in the near future, based on their RSI (Relative Strength Index) levels.

U.S. Bancorp is expected to report a decline in Q2 2024 revenues and earnings compared to the prior year. The company's lending and net interest income are likely to be impacted by the macroeconomic environment and high funding costs, while non-interest income may see some improvement in certain areas.