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☆ ‘Sugary food is a drug for me’: A growing number of children are addicted to ultraprocessed foods
▼ + stars: | 2024-06-27 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +16 min

“I really gravitated towards the sugary ultraprocessed foods — it was like a physical drive, I had to have it,” he said. While many people addicted to food will say that their symptoms began to worsen significantly in adolescence, some recall a childhood focused on ultraprocessed food. The Institute of Food Technologists, an association of food professionals and technologists, does not agree with the research on ultraprocessed food addiction. “Children who eat a lot of ultraprocessed foods could well be malnourished.”According to the International Food and Beverage Alliance, however, there is no clear, objective, reliable or scientifically validated definition for “ultraprocessed” food. “Each time I would pray, ‘Please be it, please make this the answer.’ But I would ultimately start binging on ultraprocessed foods,” Odwazny said.

Persons: Jeffrey Odwazny, “, ”, Ashley Gearhardt, Ann Arbor, Gearhardt, ” Gearhardt, David Wiss, Bryan Hitchcock, Rocco Renaldi, Odwazny, ” Odwazny, ‘, ’ ”, Jeffrey Odwazny “, “ I’ve, ” Wiss, Sugar, Alexandra DiFeliceantonio, DiFeliceantonio, salivates, Laura Oliverio, —, Kimberly Dennis, Dennis, ‘ That’s, Kimmy Organizations: CNN, Chicago, Yale, University of Michigan, National Survey, Los, The, Food Technologists, World Health, International Food and Beverage Alliance, Food and Agriculture Organization, United Nations, Virginia Tech, Center, Health, Nutrition, University of Illinois Chicago College of Medicine, “ Locations: United States, Ann, Los Angeles, Blacksburg, Chicago, ’

☆ Singapore won best first-class airline in the world for its exclusive hotel-like Airbus A380 suite. Here's what it's like inside.
▼ + stars: | 2024-06-27 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Singapore Airlines won the 2024 Skytrax award for the world's best first-class service. The airline's Airbus A380 planes sport a hotel-like suites that can convert into double rooms. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It fought Doha-based competitor Qatar Airways for Skytrax's 2024 title of world's best airline, winning in 2023 but losing to Qatar this year. However, one Skytrax awards category Singapore has consistently won since 2018 is Best First Class for the hotel-like suites on its Airbus A380s.

Persons: — Organizations: Singapore Airlines, Airbus, Service, Qatar Airways, Qatar, Singapore, Business Locations: Doha

☆ Elaine Thompson-Herah, five-time Olympic gold medalist, ruled out of Paris Games with Achilles injury
▼ + stars: | 2024-06-27 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —Five-time Olympic gold medalist Elaine Thompson-Herah will miss Paris 2024 with an Achilles injury, she announced on social media. “I am hurt and devastated to be missing the Olympic this year but at the end of the day it’s sports and my health comes first. In doing so, she became the first woman to complete the Olympic sprint double since Florence Griffith-Joyner at Seoul 1988. Thompson-Herah – who turns 32 on Friday – finished last in the Prefontaine Classic last month with a time of 11.30, with one of her main rivals for Olympic gold, American Sha’Carri Richardson, finishing first. Then, at the New York Grand Prix in June, she once again finished last with a time of 11.48.

Persons: Elaine Thompson, Herah, “, ” Thompson, Florence Griffith, Joyner, Thompson, Herah –, –, Sha’Carri Richardson Organizations: CNN, Olympic, New York, month’s, Summer, Tokyo Games, Prefontaine, Prix Locations: Jamaica, Rio de Janeiro, Seoul, Paris

☆ Why an Israel-Hezbollah war would be far more dangerous today than the last time around
▼ + stars: | 2024-06-27 | by ( Ben Wedeman | ) edition.cnn.com time to read: +7 min

Since its inconclusive 2006 war with the Lebanese militant group, Israel has been planning for a re-match. During the 2006 war, in the experience of this correspondent, it was rare to encounter Hezbollah fighters. In the event of war, full-scale war, both sides will be able to inflict significant pain on the other. In the entire 34-day war of 2006 Hezbollah is estimated to have fired around 4,000 rockets – a daily average of 117. At 6 a.m. on July 13, 2006 – less than 24 hours after the start of the war – Israeli warplanes bombed and knocked out Beirut’s Rafic Hariri International Airport.

Persons: CNN —, Benny Gantz, Hassan Nasrallah, – Nasrallah, Avihu Shapira, Gantz, Beirut’s Rafic, –, Israel, Iran’s, Qais Al, Ahl Al, Haq, Lebanon “ Organizations: CNN, Reichman University, Israel, Getty, Beirut’s Rafic Hariri International Airport, Tel Aviv’s Ben Gurion International, Washington Locations: Lebanon, Herzliya, Israel, Lebanese, Haifa, Syria, Gaza, Iraq, Iran, It’s, Israel’s, Yemen, Red, Jordan, America, Tehran, Damascus, Hormuz, Persian, Germany, Sweden, Kuwait, Netherlands

☆ ‘A disastrous event’: All-out war between Israel and Hezbollah could devastate both sides
▼ + stars: | 2024-06-27 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

An all-out war between Israel and Hezbollah — the Iranian-backed Lebanese Shia militant and political organization, called a terrorist group by the U.S. and U.K. — would be devastating for both sides. At least 150,000 residents of southern Lebanon and northern Israel have been evacuated from their homes and are internally displaced due to the regular cross-border fire. "A full-fledged war between Israel and Hizbullah would be a disastrous event for the region, including both Israel and Lebanon," Victor Tricaud, a senior analyst at consulting firm Control Risks, told CNBC. Smoke and flame rise after Hezbollah carried out a missile attack on Safed city, northern Israel on June 12, 2024. Hezbollah: 10 times stronger than HamasHezbollah is considered to be among the most heavily armed non-state groups in the world.

Persons: Rabih Daher, —, Joe Biden, Amos Hochstein, Lloyd Austin, Hizbullah, Victor Tricaud, Tricaud, Nimrod Novik, –, Hassan Nasrallah, Wissam Tawil, Mahmoud Zayyat Organizations: AFP, Getty, U.S, Hezbollah, . Defense, Palestinian, Hamas, Reuters, CNBC, Anadolu, Israel, Forum, Israel Policy Forum, Afp Locations: Lebanese, Khiam, Israel, Lebanon, Gaza, Iran, Safed, Forum Lebanon, Lebanon's, Kherbet Selm

☆ Andy Murray: After spinal cyst surgery, tennis star’s retirement plan comes into sharper focus
▼ + stars: | 2024-06-27 | by ( Ben Church | Jill Martin | ) edition.cnn.com time to read: +2 min

If Murray is unable to play singles, he may still participate in the men’s doubles alongside his brother Jamie. “I’m going to wait until the last minute to see if I’m going to be able to and I’ve earned that right to do that. I would say it’s probably more likely that I’m not able to play singles right now. That can be special as well.”Looking beyond Wimbledon, Murray is planning his retirement from the sport and says the Olympic Games in Paris could well be his last tournament. “But if I’m able to play at Wimbledon and if I’m able to play at the Olympics, that’s most likely going to be it.”

Persons: Andy Murray, Murray, he, Jamie, ” Murray, I’m, I’ve, “, that’s, ” Organizations: CNN, Wimbledon, Queen’s, Olympic Games Locations: London, Wimbledon, Paris, New York

☆ Uber and Lyft drivers share their top strategies for getting you to leave a tip — and why going the extra mile for riders often isn't worth it
▼ + stars: | 2024-06-27 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

Read previewChristina, an Uber and Lyft driver in Las Vegas, said about half of her passengers tip on a good day. Some riders have told her they don't know how to tip, forcing her to show them on the app. Ride-hailing drivers told Business Insider that customer tips are hard to come by. Related storiesSome drivers like Jillian, 67, who drives in Santa Clarita, California, have a simple solution for getting more tips — asking riders directly. The inconsistency is working against some driversAlex Santiago, a 48-year-old Uber driver in northern Virginia, used to dress business casual and catered music to passengers.

Persons: —, Christina, she's, I've, Christina isn't, Uber, Nick Leighton, Lyft, Stuart, Marilyn Cassady, Cassady, there's, Jillian, it's, Alex Santiago, Santiago, Jason S, he's, hasn't, Jason, Andre Kingston, she'd, Kingston Organizations: Service, Business, Wolves, BI, Gridwise Locations: Las Vegas, United States, Austin, Myrtle Beach , South Carolina, Santa Clarita , California, Virginia, Detroit, Phoenix

☆ Stocks making the biggest moves midday: Walgreens Boots Alliance, Levi Strauss, International Paper and more
▼ + stars: | 2024-06-27 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: Walgreens Boots Alliance — The stock plummeted more than 24.5% after the retail company reported third-quarter earnings results that missed Wall Street's expectations . Levi Strauss — The denim maker's stock tumbled 17.1% after revenue came in at $1.44 billion for the second fiscal quarter. International Paper — Shares of the paper manufacturing company fell nearly 8% following the news that Suzano is no longer pursuing a potential acquisition of the company. Hunterbrook Capital, a hedge fund Hunterbook is affiliated with, has a short position in the company's shares. Micron Technology — The memory chip stock shed nearly 7% after Micron Technology offered guidance that was roughly in line with expectations.

Persons: Levi Strauss, Suzano, Gary Friedman, AeroVironment, Goldman Sachs, Alex Harring, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Walgreens, Alliance, CVS, LSEG, Hunterbrook Media, Hunterbrook, Micron Technology, Arista Networks, Citi

☆ Being nice may be the reason you're not getting promoted at work
▼ + stars: | 2024-06-27 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

Read previewIf you're good at your job and have a nice personality, you'll never get promoted. Mary McConner, the founder and CEO of Inclusive Excellence Consulting, told BI this is when high performers get overloaded with work because they are reliable. Advertisement"Unfortunately, performance punishment often leads to burnout and resentment because their good work isn't rewarded with advancement, but with more work," McConner said. Being nice but ballsy can pay offLuke Blaney, the managing director of the recruitment agency ARx, told BI there is "a lot of truth in the whole 'nice guys finish last' saying." She told BI that she thinks the notion of being a tough leader is "completely outdated."

Persons: —, you'll, Jacqueline Morris, Morris, jacqueline, Paul Bramson, Bramson, Cameron Anderson, Mary McConner, isn't, McConner, Mary Barnes, Barnes, Lawrence J, Peter, Luke Blaney, aren't, Blaney, it's, Carolina Caro, " Caro, Caro Organizations: Service, Business, Paul Bramson Companies, Universities of, University of Notre Dame, Cornell University, University of Western, National Academy of Sciences, University of California, Consulting, Partners Locations: Universities of Bristol , Minnesota, Heidelberg, University of Western Ontario, Berkeley, Canadian

☆ Battered yen pinned near multi-decade low amid resilient dollar
▼ + stars: | 2024-06-27 | by ( ) www.cnbc.com time to read: +2 min

The yen languished near a 38-year low on Thursday and struggled on the weaker side of 160 per dollar, keeping markets on alert for any signs of intervention from Japanese authorities to prop up the currency. The yen languished near a 38-year low on Thursday and struggled on the weaker side of 160 per dollar, keeping markets on alert for any signs of intervention from Japanese authorities to prop up the currency. In the broader market, the dollar was on the front foot and stood near an eight-week high against a basket of currencies, helped in part by a weaker yen and as it rose in step with U.S. Treasury yields. In a carry trade, an investor borrows in a currency with low interest rates and invests the proceeds in higher-yielding assets. Analysts said while the risk of intervention has increased, Japanese authorities could be holding out for Friday's release of the U.S. personal consumption expenditures price index before entering the market.

Persons: Boris Kovacevic Organizations: U.S, Treasury, Ministry of Finance Locations: Japan, Tokyo

☆ Morgan Stanley says deal-making is returning to Wall Street and gives best stocks to play trend
▼ + stars: | 2024-06-27 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Morgan Stanley sees a comeback in Wall Street deals underway — and expects some financial stocks to reap the benefits. However, Goldman Sachs said sponsor-led mergers and acquisitions do not necessarily need a decrease in interest rates to take off. Stadnik said a capital markets renaissance is one key reason to be overweight money center banks. Of this group, he called Goldman Sachs the "purest play" on this theme. Goldman Sachs shares have climbed more than 15% this year.

Persons: Morgan Stanley, Andrei Stadnik, Stadnik, Morgan Stanley's, Goldman Sachs, Blackstone, Morgan, LSEG Organizations: Wall Street, JPMorgan, LSEG Locations: U.S

☆ Stocks making the biggest moves premarket: Walgreens, Levi Strauss, Micron and more
▼ + stars: | 2024-06-27 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Micron — Shares slipped nearly 6% after the semiconductor manufacturer posted revenue guidance of $7.6 billion for its current quarter, coming in line with analyst expectations. Walgreens Boots Alliance — Shares tumbled more than 11% after the retail pharmacy company reported a third-quarter earnings miss and cut its full-year adjusted profit outlook. Goldman Sachs — The U.S. banking stock slipped nearly 2% after the latest round of stress test results . However, the company reported EBITDA guidance for its fiscal year 2025 that was 5% lower than analyst consensus estimates, according to FactSet. U.S. Bancorp — The bank stock slipped more than 1% following a downgrade to neutral from overweight at J.P. Morgan.

Persons: Levi Strauss, Suzano, Walgreens, Goldman Sachs, Morgan, Vivek Juneja, — CNBC's Michelle Fox, Alex Harring, Fred Imbert Organizations: Micron, GSK —, Centers for Disease Control, LSEG, Walgreens, Federal Reserve, . U.S, Bancorp Locations: U.S, .

☆ Boeing says its space mission is 'going well' despite its Starliner leaving 2 astronauts stuck on the ISS
▼ + stars: | 2024-06-27 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing is doing damage control as its first crewed commercial spacecraft remains on the International Space Station (ISS) with no confirmed return date. This story is available exclusively to Business Insider subscribers. AdvertisementAs Business Insider previously reported, helium supports Starlink's reaction control system thrusters, which allows them to fire. "Starliner is performing well in orbit while docked to the space station," the spokesperson said, though they added that no return date has been confirmed.

Persons: —, Butch Wilmore, Suni Williams Organizations: Service, Space, NASA, Business, Boeing, Financial Times Locations: Boeing's

☆ Two Killer Asteroids Are Flying by Earth, and You May Be Able to See One
▼ + stars: | 2024-06-27 | by ( Robin George Andrews | ) www.nytimes.com time to read: +1 min

This week, two asteroids — one big enough to destroy a city, and the other so large it could end civilization — are set to fly near our planet. Both have a zero percent chance of impacting Earth. And, depending on where you are in the world, you may even be able to see one of them. It is a whopping 7,600 feet long, but it will be too far to spot easily without a strong telescope. On Saturday, at 9:46 a.m. Eastern time, it will zip by Earth at 75 percent of the distance to the moon.

Persons: speck

☆ Americans are finding it harder to get a new job
▼ + stars: | 2024-06-27 | by ( Alicia Wallace | ) edition.cnn.com time to read: +3 min

CNN —Americans are staying unemployed for longer, the latest Labor Department data shows, in a reflection of a slowing economy. The number of Americans receiving jobless benefits for multiple weeks climbed to its highest level since November 2021, according to a Department of Labor report released Thursday. While the number of initial claims remains near pre-pandemic levels (but well below historical averages), they’ve moved higher in recent weeks. Weekly jobless claims data, which is looked at as a proxy for layoff activity, can be highly volatile and is frequently revised. Still, the trend as of late has been an upward one, economist Ian Shepherdson wrote in a note to clients Thursday.

Persons: they’ve, Ian Shepherdson, Shepherdson, ”, “ Organizations: CNN, Labor Department, Department, Labor, Pantheon, Federal, Consumer

☆ Home prices begin to cool as active listings jump 35%
▼ + stars: | 2024-06-27 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +1 min

Some of the heat is coming out of home prices, even though they're still higher than they were a year ago. Several new reports show the price gains are shrinking and home sellers are starting to give in after a stagnant spring market. A year ago at that time the typical home was selling at list price. Two years ago it was selling at about 2% above list price. While most sellers are still listing their homes at higher prices than comparable homes sold for a year ago, some are conceding that they simply can't command those prices.

Persons: they're

☆ Chinese automakers expected to achieve 33% global market share by 2030
▼ + stars: | 2024-06-27 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Much of the growth, from a forecast 21% market share this year, is expected to come outside of China. The rapid expansion of Chinese automakers is a growing concern for legacy automakers and politicians globally. In North America, Chinese automakers are forecast to only achieve a 3% market share, largely in Mexico, where one in five vehicles are expected to be Chinese brands by 2030. In most other major regions of the world, AlixPartners reports that the share of Chinese automakers is expected to exponentially grow. Chinese brands in China also are expected to grow from 59% to 72% in market share, according to AlixPartners.

Persons: AlixPartners, Mark Wakefield Organizations: Auto Guangzhou, China Import, Export, Visual China, Getty Images, AlixPartners, General Motors, Nurphoto, Getty Locations: Guangzhou, Guangdong Province of China, China, Japan, North America, U.S, AlixPartners, Mexico, Central, South America, Southeast Asia, East, Africa, Bangkok, Nonthaburi Province, Thailand

☆ Ancient bone shows how Neanderthals cared for the vulnerable, study says
▼ + stars: | 2024-06-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

The find suggested that members of the community cared for and looked after the vulnerable child, who lived at least 146,000 years ago. The research is at odds with the image of Neanderthals, ancient human relatives who went extinct around 40,000 years ago, as brutish cavemen. The study did not include precise dating of the bone, which would require extraction of ancient DNA, but Neanderthals occupied the site 146,000 to 273,000 years ago. Study of the fossil revealed abnormalities in the ear bone. “For decades, it has been known that Neanderthals cared for and looked after their vulnerable companions,” Conde-Valverde said.

Persons: ”, paleoanthropologist Mercedes Conde, Valverde, “, Conde, ” Conde, Mercedes Conde, Julia Diez, Chapelle, Penny Spikins, Spikins, wasn’t Organizations: CNN, University of Alcalá, Syndrome, Valero, University of York Locations: Spain, Spain’s Valencia, Conde, United States, what’s, Iraq, France, United Kingdom

☆ S&P 500 to tumble 30% as recession hits later this year, says BCA Research
▼ + stars: | 2024-06-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

U.S. stocks are set to drop more than 30% as a recession hits the U.S. economy in the coming months, BCA Research predicts. We conservatively expect the S & P 500 to drop to 3750 during the coming recession," Chief Global Strategist Peter Berezin wrote in a note Tuesday. The calculation is conservative because it assumes that S & P 500 revenue rises in line with nominal gross adjusted product, he explained. .SPX 1Y mountain S & P 500's one-year performance BCA Research said it sees several feedback loops that will weaken the economy. Absent "overwhelming evidence" of an imminent recession risk, the central bank will be reluctant to cut rates aggressively, he said.

Persons: Peter Berezin, Berezin, JPMorgan's Dubravko Organizations: Research, Tech, Wall, CNBC

☆ H&M plunges 13% on doubts over full-year margin target, June sales outlook
▼ + stars: | 2024-06-27 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Shares of H&M plunged more than 14% on Thursday morning after the company reported a smaller-than-expected increase in second-quarter profits and cast doubt over its June sales and full-year profit margin target. The world's second largest retailer said operating profit for the period between March and May came in at 7.1 billion Swedish kroner ($672 million), below the 7.37 billion Swedish kroner anticipated by analysts, according to an LSEG poll cited by Reuters. The second-quarter result was nevertheless above the 4.7 billion Swedish kroner recorded in the same period last year. Further weighing on stock, H&M CEO Daniel Ervér cast doubt over the company's ability to meet its margin target this year. "Our goal of an operating margin of 10 percent for full-year 2024 remains in place," he said.

Persons: Daniel Ervér, Inditex Organizations: Reuters Locations: London, Paris, Milan, Berlin, Stockholm, Hamburg, Munich, New York, Tokyo, Zara

☆ Judge Aileen Cannon pushes back on idea that more hearings will delay Trump classified documents case
▼ + stars: | 2024-06-27 | by ( Katelyn | ) edition.cnn.com time to read: +4 min

CNN —Judge Aileen Cannon wants to hold additional hearings on Donald Trump’s attempts to challenge key evidence in his classified documents case and will allow the former president’s lawyers to question witnesses about the investigation and search of Mar-a-Lago. Those issues were argued in hearings on Tuesday, but Cannon did not rule on the matters. The judge did not say when additional hearings would be held. The special counsel’s office has strongly opposed the need for additional hearings and Trump’s attempts to cut out parts of the case. Cannon has not set dates for the additional hearings yet.

Persons: Aileen Cannon, Donald Trump’s, Evan Corcoran, Cannon, ’, ” Cannon, Ty Cobb, Judge Cannon’s, CNN Cannon, Trump’s, Corcoran, Trump Organizations: CNN, FBI, Mar, Trump Locations: Florida, Lago, Mar, Trump’s Florida, Washington, DC

☆ A Boeing whistleblower says he saw holes being drilled incorrectly on 787 planes, adding to the chorus of people speaking up against the company
▼ + stars: | 2024-06-27 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Read previewAnother Boeing whistleblower has come forward, saying that he witnessed 787 Dreamliner planes being built in a manner that could lead to a "catastrophe down the line." Richard Cuevas was a Strom airplane mechanic who used to work as a contractor for Boeing and Spirit AeroSystems. He said that in 2023, he witnessed substandard manufacturing of the 787 planes' forward pressure bulkheads, which help maintain air pressure. AdvertisementHowever, in March, a few months after he reported his findings to Boeing and Spirit AeroSystems, he was fired from his job, the complaint said. Cuevas' lawyers and representatives of Boeing and Spirit AeroSystems didn't immediately respond to a request for comment from Business Insider, made outside regular working hours.

Persons: —, Richard Cuevas, Cuevas, AeroSystems, Sam Mohawk, Merle Meyers, John Barnett, Barnett, BI's Matthew Loh, AeroSystems didn't Organizations: Service, Boeing, Business, Federal Aviation Administration, Korean, Max, United Airlines Boeing, San Francisco International, Alaska Airlines Locations: Charleston, Taiwan

☆ Russia is flooding Europe with discounted gas to win back Western buyers
▼ + stars: | 2024-06-27 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Discounted Russian gas is hitting European markets, the Center for European Policy Analysis said. AdvertisementRussia has unleashed discounted gas onto European markets, working to keep countries hooked on its energy supply, the Center for European Policy Analysis said. Although the Ukrainian route has continued supplying Western markets through the war, its January expiration would likely be enough to risk a Gazprom bankruptcy. Slovakia, Hungary, and Austria are among examples CEPA cited as customers for Russian gas. AdvertisementAlready, Southern European traders are profiting by buying cheap Russian gas pumped through a Turkish pipeline and then selling it at a premium in Western European markets, she suggested.

Persons: —, It's, Aura Sabadus, CEPA, Sabadus Organizations: Center for, Kremlin, Service, Ukraine —, Moscow, Gazprom Locations: Ukraine, Russia, Ukrainian, Eastern, Slovakia, Hungary, Austria, Gazprom's, Southern, Turkish, Poland

☆ Original ‘Harry Potter’ cover art sells for $1.9 million, setting auction record
▼ + stars: | 2024-06-27 | by ( Amarachi Orie | Lianne Kolirin | ) edition.cnn.com time to read: +2 min

CNN —The original illustration for the first edition of J.K. Rowling’s 1997 novel “Harry Potter and the Philosopher’s Stone” has sold for a record-breaking $1.9 million. The image features young wizard Harry Potter – with his unmistakable dark, brown hair, round glasses and lightning bolt scar – ready to board the Hogwarts Express train for his first trip to the Hogwarts School of Witchcraft and Wizardry. The first edition of 1997 book "Harry Potter and the Philosopher's Stone," which Taylor illustrated. BNPS/ShutterstockTaylor, just 23 years old at the time, created the original cover image in two days, according to Sotheby’s. The illustration was auctioned on Wednesday at Sotheby’s in New York along with other works of English and American Literature.

Persons: Harry Potter, ”, Sotheby’s, Thomas Taylor, Harry Potter –, Sotheby's, “ Harry Potter, Taylor, Shutterstock Taylor Organizations: CNN, Hogwarts Express, Hogwarts School of Witchcraft, Heritage Auctions Locations: New York, Sotheby’s, London, Dallas , Texas

☆ Selling a home is expensive, too: Homeowners typically spend nearly $55,000, report finds
▼ + stars: | 2024-06-27 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +6 min

It typically costs $54,616 to sell a house in 2024, according to a June 17 report from Clever Real Estate. In May, Clever Real Estate polled 1,014 Americans who sold a home between 2022 and 2024 about their attitudes related to the home-selling process. "Ultimately, [with] many of these fees, there's no harm in trying to negotiate, and that includes real estate commissions," Hamrick said. But the highest expenses an owner will face when selling a home are the real estate agent commission fees, Ahmed said. Sell without a real estate agent: Homeowners could try to sell the house themselves and potentially drop real estate services altogether, said Dunaway-Seale.

Persons: Jaime Dunaway, Seale, they're, that's, Dunaway, Mark Hamrick, Hamrick, Kashif, Ahmed, Daryl Fairweather, Orphe, Sellers, brokerages, Claudia Cobreiro, Cobreiro Organizations: Finance, Wealth, Redfin, CNBC, U.S, The National Association of Realtors, Cobreiro, MLS, Realtors, Homeowners Locations: Bedford , Massachusetts, Coral Gables , Florida, Miami

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