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I took a domestic flight with Copa and regretted not booking it for my longer, round-trip flight home. 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 . In Panama City, visitors can explore historic neighborhoods, try new cuisines, tour the impressive Panama Canal, and dance nights away on rooftop bars. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Copa Airlines, Copa, Service, Business Locations: Panama, Panama City, It's
Thirty-year mortgage interest rates have been holding steady after dipping below 7% earlier this month, according to Zillow data. Once the Fed is able to start cutting rates, mortgage rates should also go down. On the other hand, if April's CPI data shows signs of cooling, mortgage rates could inch down a bit further. 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. Once the Fed cuts rates, mortgage rates should fall even further.
Persons: you'll, Freddie Mac, it's Organizations: Federal Reserve, Zillow Locations: Chevron
Daniel Kramer, a photojournalist who captured Bob Dylan’s era-tilting transformation from acoustic guitar-strumming folky to electric prince of rock in the mid-1960s, and who shot the covers for his landmark albums “Bringing It All Back Home” and “Highway 61 Revisited,” died on April 29 in Melville, N.Y., on Long Island. His death, in a nursing home, was confirmed by his nephew Brian Bereck. Rolling Stone magazine once described Mr. Kramer as “the photographer most closely associated with Bob Dylan.” But that designation seemed highly improbable at the outset. Although Mr. Dylan had already begun his rise to global fame — he released his third album, “The Times They Are a-Changin’,” in early 1964 — Mr. Kramer knew little about him. That changed in February 1964, when he watched the 22-year-old Mr. Dylan perform his rueful ballad “The Lonesome Death of Hattie Carroll” on “The Steve Allen Show.” The song details a real event in which a Black woman died after being struck with a cane by a wealthy white man at a white-tie Baltimore party.
Persons: Daniel Kramer, Bob Dylan’s, , Brian Bereck, Kramer, Bob Dylan, Dylan, , Mr, Hattie Carroll ”, Steve Allen Organizations: Stone, Baltimore Locations: , Melville , N.Y, Long,
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTuesday’s rapid fire: Home Depot, Alibaba, On Holding, Boston Beer and Planet FitnessCNBC’s Jim Cramer weighed in on a number of notable stock moves in Tuesday’s session,
Persons: Jim Cramer Organizations: Boston Beer Locations: Alibaba, Holding
Tetra Images | Tetra Images | Getty ImagesPutting 20% down is 'definitely not required'One way to reduce your monthly mortgage payment is by putting down more money and borrowing less. But for many households, trying to get a higher down payment can be challenging, said Danielle Hale, chief economist at Realtor.com. While a lower down payment is one way to "attack affordability challenges," it can be a "mixed bag," Hamrick said. With a lower down payment, you will need to borrow more from your lender, which raises the monthly cost of your mortgage, Hale said. A smaller down payment can also mean you don't qualify for a lender's best -available interest rate.
Persons: Danielle Hale, there's, SurveyMonkey, Hale, It's, Hamrick Organizations: CNBC, Department of Veterans Affairs, U.S . Department of Agriculture, Federal Housing Association Locations: U.S
Read previewChris Hemsworth criticized high-profile directors and his fellow Marvel actors for "bashing" the superhero genre when it is beloved by "billions." Chris Hemsworth as Thor in "Thor: Love and Thunder." "Superhero films actually kept people in the cinemas during that transition and now people are coming back. Related storiesHemsworth then turned his attention to Marvel actors who have spoken out against the franchise after their movies failed. Despite his strong defense of Marvel, Hemsworth criticized his last movie appearance, "Thor: Love and Thunder," on multiple occasions.
Persons: , Chris Hemsworth, Martin Scorsese, Francis Ford Coppola, Quentin Tarantino, what's, Hemsworth, Thor, Scorsese, Coppola, Idris Elba, Anthony Hopkins, Christian Bale, Amr Alfiky, I've Organizations: Service, Marvel, Business, Times, Marvel Studios, GQ Locations: London
Oppenheimer’s Brian Nagel reacts to Home Depot earnings
  + stars: | 2024-05-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOppenheimer’s Brian Nagel reacts to Home Depot earningsBrian Nagel, Oppenheimer senior equity research analyst, joins 'Squawk Box' to break down Home Depot's quarterly earnings results that beat expectations and revenue that missed estimates.
Persons: Brian Nagel, Oppenheimer
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The majority of employees working remotely and in offices in Dallas, Atlanta and Toronto have been asked to relocate. Walmart is the nation's largest private employer with about 1.6 million employees, most of whom work at its stores across the country. Walmart has another reason to bring more employees to Bentonville: It is building a nearly 350-acre campus there. In February 2022, we made the decision to bring Home Office associates back into our campus offices.
Persons: Donna Morris Organizations: Walmart, Walmart Health, Street Journal, Home Office, Toronto Global Tech, Office Locations: Arkansas, Bentonville , Arkansas, Dallas , Atlanta, Toronto, San Francisco Bay, Hoboken , New Jersey, Arkansas , Florida, Georgia , Illinois, Texas, Bentonville, Morris, Hoboken, New York
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "That was a big, big mistake that they did that. They cut the… price target of Constellation," Cramer said. The CNBC Investing Club owns shares of Constellation Brands . The Investing Club has long owned Eli Lilly , which makes GLP-1s.
Persons: Jim Cramer's, Jim Cramer, Cramer, You've, cautioning, Eli Lilly Organizations: CNBC, Club, Boston, Jefferies, CNBC Investing Club, Constellation Brands, JPMorgan Locations: Swiss
Check out the companies making the biggest moves in premarket trading: Meme stocks -- GameStop soared 120%, adding to the 74.4% it gained Monday , after the man who fueled the 2021 GameStop frenzy "Roaring Kitty" posted online for the first time in about three years. Shares of AMC popped 106%, while Reddit and Robinhood added 4% and nearly 6%, respectively. Alibaba -- U.S.-listed shares shed nearly 5% after the Chinese e-commerce giant reported an 86% drop in profits for its fiscal fourth quarter . However, Alibaba beat revenue expectations, coming in at 221.9 billion Chinese yuan ($30.7 billion) versus the LSEG consensus estimate of 219.66 billion yuan. Sony -- U.S.-listed shares added 3% after the PlayStation maker reported quarterly revenue of 3.5 trillion yen, topping the 2.89 trillion yen, per LSEG.
Persons: Kitty, Robinhood, FactSet, , Jesse Pound, Alex Harring Organizations: GameStop, AMC, Home, LSEG, Revenue, Sony, PlayStation, Vodafone, Walmart, Wall Street Journal, United Airlines, Novo Nordisk
We had optimized every corner of the apartment so we could store all his stuff, like diapers and a stroller, but there was no room for a play kitchen. Every time we visited friends with a little play kitchen, he would spend hours playing there by himself. My 3 kids spent hours preparing make-believe foodMoving states with three kids under the age of 3 was not easy. We also added an art table next to the kitchen because our kids love to spend time painting and coloring. AdvertisementWhen the kids got home, they ran to their new art table and spent hours coloring, never once asking about the disappearance of their play kitchen.
Organizations: Service Locations: Brooklyn, Maine
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That earlier survey also found that 19% of non-exec workers would likewise quit if forced to pick up their commute again. AdvertisementOgawa said the findings were also notable because high-up executives are often the people tasked with implementing RTO mandates. That's a big drop from a prior survey in 2023, when 62% of CEOs held that expectation. Advertisement"They might not be looking to retain folks who wouldn't want to come back to the office," she said.
Persons: , they'd, Gartner, Caroline Ogawa, execs, Ogawa, That's, Paul Knopp, Erik Bernard, What's, RTO Gartner's Ogawa, we've Organizations: Service, Gartner, Business, KMPG, KPMG US Locations: IT, Australia
AdvertisementBut beyond the environmental consequences of the car line, something feels even more detrimental: American parenting culture. Related storiesInstead, I found that Swiss parenting basically boils down to a concept of benign neglect, where kids learn to manage themselves. Chantal PanozzoWhen I first moved to Switzerland, I was homesickMy husband and I moved to Switzerland in 2006 for a job opportunity. Daughter gone. AdvertisementAnd if that isn't a Swiss parenting win in an otherwise American world, then I don't know what is.
Persons: we'd, I've, it's, Chantal Panozzo, I'd Organizations: Service, Business Locations: Chicago, Switzerland, Swiss, Zurich
It said it expects total sales to grow about 1% in fiscal 2024, including those extra days. Home Depot on Tuesday posted quarterly revenue below Wall Street's expectations, as shoppers postponed bigger discretionary projects like bath and kitchen remodels because of higher interest rates and made spring purchases late. The logo of U.S. home improvement chain Home Depot is seen in Mexico City, Mexico, on Jan. 15, 2020. In the fiscal first quarter, customers made fewer visits to Home Depot's stores and website and tended to spend less when they did. Home Depot has seen sales moderate after more than two years of explosive demand during the Covid pandemic.
Persons: Richard McPhail, McPhail Organizations: CNBC, LSEG, U.S, Depot, Home Locations: Mexico City, Mexico, Texas
In today's big story, everyone's talking — literally — about the big update for OpenAI's ChatGPT that could make your job a lot easier . AdvertisementOpenAI may have finally cracked the code on voice interactions with AI, though. OpenAI says GPT-4o's average response to audio inputs is 320 milliseconds, which is on par with a typical human-to-human conversation. "They've essentially made text input almost be the barbaric form of communicating with ChatGPT (or any AI) now," the developer said. ChatGPT, Tyler Le/BIOpenAI's big reveal shows the shockwaves the startup keeps sending through the tech world.
Persons: , Here's, ChatGPT Holger Scheibe, Tyler Le, OpenAI, Alex Bitter, They've, ChatGPT, Katie Notopoulos, Siri, it's, Apple that's, Andrew Burton, Justin Sullivan, Rebecca Zisser, Tim Cook's, Tesla, Mark Zuckerberg, he's, Nathan Congleton, Melinda, Gates, French Gates, she'd, Melinda Gates, Bill Gates, Doug McMillon, It's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Teen, Business, HAL, Hollywood, Apple, Apple's Worldwide, Conference, GPT, Google, Microsoft, Washington, Getty, Tesla, Melinda Gates Foundation, University of Arkansas, Depot, Sony, Disney, Cannes Locations: NBCU, New York, London
Her family announced the death, at a care home, to the Canadian newspaper The Globe and Mail. A representative of her publisher, Penguin Random House Canada, said Ms. Munro died in Port Hope, on Lake Ontario, east of Toronto, The Associated Press said. Ms. Munro was a member of the rare breed of writer, like Katherine Anne Porter and Raymond Carver, who made their reputations in the notoriously difficult literary arena of the short story, and did so with great success. Ms. Munro’s stories were widely considered to be without equal, a mixture of ordinary people and extraordinary themes. She portrayed small-town folks, often in rural southwestern Ontario, facing situations that made the fantastic seem an everyday occurrence.
Persons: Alice Munro, Munro, Katherine Anne Porter, Raymond Carver Organizations: Canadian, Globe, Penguin Random House, The Associated Press Locations: Ontario, Penguin Random House Canada, Port Hope, Lake Ontario, Toronto
Austin's cost of living is slightly below the national average, despite a surge in population. While housing costs have risen over the last decade, prices have corrected as the city built lots of homes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Austin, in particular, has become a magnet for Bay Area techies and others seeking a lower cost of living and slower pace of life, among other Texan perks. While Austin housing costs are still elevated, home prices fell by 8.4% and rents by 7% over the past year — even as homes grew more expensive in all other major US cities.
Persons: , it's Organizations: Service, Area, Business Locations: Austin, Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome Depot's growth will depend on rate environment for big-ticket purchases: Cowen's RakhelenkoMax Rakhelenko, Cowen analyst, and Deborah Weinswig, Coresight Research CEO, join 'Squawk on the Street' to discuss Home Depot's quarterly earnings results, what the quarter says about the state of the consumer and the company's SRS acquisition.
Persons: Max Rakhelenko, Cowen, Deborah Weinswig Organizations: Coresight
He previously took home the title of Morningstar fixed-income manager of the year in 2016. Generating long-term outperformance The largest among the many funds O'Neil co-manages is the Fidelity Total Bond Fund (FTBFX), which has $35.8 billion in assets and a 5.32% 30-day SEC yield. From December 2004 through the end of March 2024, Fidelity Total Bond Fund's 3.7% annualized gain topped the typical intermediate core-plus bond Morningstar Category fund's 3.3% and the 3.1% of its benchmark, the Bloomberg U.S. The 'secret sauce' The fixed-income team also benefits from teaming up with equity analysts when they talk to corporate executives, public agencies and government issuers. "If you're a buyer of nominal yields, you're finding the market very attractive.
Persons: Fidelity's Ford O'Neil, O'Neil, O'Neil —, Morningstar, Ford …, Dan Culloton, Morningstar's Culloton, FTBFX, it's Organizations: Fidelity, Harvard University, One, CNBC, Harvard, Bond Fund, SEC, Bloomberg U.S, Total Bond, Bond, Federal Reserve, Fed, Treasury Locations: Wharton, U.S
I took a tour of Long Island's Oheka Castle, an hour west of Manhattan. 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 . One of those owners was financier Otto Hermann Kahn, who built Oheka Castle — named after its owner (Oh-He-Ka) — on Long Island in 1919. This story is available exclusively to Business Insider subscribers.
Persons: Long, It's, , Otto Hermann Kahn, Kahn Organizations: Service, Business Locations: Manhattan, New York, Long
Buying a houseboat: 'It felt like the perfect place for me'I visited one of the houseboats the following week. Moving aboard: 'The best decision I ever made'Going straight into a Canadian winter as a houseboat novice is generally considered a poor decision. Three years later, I regard buying my houseboat as the best decision I ever made. Courtesy of Kate FinchamMy bathroom has a typical residential toilet (which flushes into a holding tank below) and a bathtub. This area acts as my living room, dining room, and office, and features a wood stove and sliding glass doors that exit onto my back deck.
Persons: I've, I'd, Kate, Kate Fincham, Charlie, Finn, it's Organizations: Swans, Insurance Locations: Toronto
A man in his mid-30s with Crohn's disease did DIY poop transplants using his mom as a donor for years. They appeared to ease his gut symptoms, but he experienced menopause symptoms such as sweating, hot flashes, and mood swings, similar to his menopausal mom. Experts in the documentary warned against trying poop transplants at home because there is a risk of transferring bad microbes and susceptibility to all kinds of diseases. After she made the switch, her acne went away, but this time, she experienced depression symptoms. AdvertisementWhen Koepke once again switched back to her brother's poop transplants, the depression went away within a week, she said.
Persons: , Daniell Koepke, Koepke, Thomas Borody, Guilia Enders, who's, Enders, Jack Gilbert, Gilbert, FMTs Organizations: Service, Netflix, Business, US Food and Drug Administration, Digestive Diseases, UC San Diego Locations: Sydney, Australia
So I got a job at a shipping company handling packages because I needed health insurance. AdvertisementAt the shipping company, it felt like management had the mindset that if we could be somewhere else, we would be there. It also makes the work feel more meaningful by scratching the itch in the creative side of my brain. You don't get that same sense of being "in the dirt" together when you're working a corporate job. Sometimes, there's that sentiment in office jobs, too, but it's a different kind of dirt when you're working these physical labor jobs.
Persons: , Justin Jordan, I've, I'd, We've, couldn't, — there's, Kristen Davis, Jane Zhang Organizations: Service, Business, NBC4 Locations: NBC4, janezhang@businessinsider.com
Bryan Sansivero's haunting photography career all started when he stumbled upon an abandoned home in rural Pennsylvania. Bryan Sansivero in front of an abandoned home. Bryan SansiveroBryan Sansivero was driving on a long, windy road about 45 minutes outside Philadelphia when a dilapidated home caught his eye. Sansivero pulled over in an apple orchard and made the trek up to the stone home, which he estimates was built in the 1700s. He recalls peering through the only open window of the house.
Persons: Bryan Sansivero's, Bryan Sansivero, Bryan Sansivero Bryan Sansivero, Sansivero Locations: Pennsylvania, Philadelphia
Home Depot revenue misses, shares slip
  + stars: | 2024-05-14 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome Depot revenue misses, shares slipHome Depot posted quarterly revenue below Wall Street’s expectations on Tuesday.
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