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☆ Alaska's pristine rivers are turning a rusty orange even when seen from space, likely because of melting permafrost: study
▼ + stars: | 2024-05-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewAt least 75 of Alaska's brooks and streams have been turning a dirty orange likely due to thawing permafrost, with some rivers so impacted that the discoloration can be seen via satellite, a new study says. Rivers and lakes typically have a pH value of 6.5 to 8, and acid rain has a pH value of 4.2 to 4.4. Jon O'Donnell/National Park Service"These findings have considerable implications for drinking water supplies and subsistence fisheries in rural Alaska," researchers wrote. The 75 orange streams observed were scattered across northern Alaska over a span of about 600 miles, the study said. AdvertisementAn orange tributary joins the Kuguroruk River in Alaska.

Persons: —, Jenny McGrath, Jon O'Donnell, Joshua Koch, Biden Organizations: Service, Business, Geological Survey Scientists Locations: Rivers, Kobuk, Alaska

☆ Driver Takes Down a 113-Year-Old Salt Tram Tower in Death Valley
▼ + stars: | 2024-05-18 | by ( Emily Schmall | ) www.nytimes.com time to read: +1 min

A century ago, the timber-and-iron tower had supported a tram carrying precious salt across the Inyo Mountains that had been mined from a remote valley in the California desert. More recently, it stood as an artifact in the Saline Valley, and it marked the edge of a hiking trail through the sun-baked wilderness. But a visitor to the Death Valley National Park in California brought the 113-year-old structure down on April 19 when it was used in an effort to pull a pickup truck out of the mud, prompting the National Park Service to investigate who was responsible for the damage. The service’s request for information from the public elicited dozens of calls and messages, a video uploaded to YouTube, and finally a confession. A park visitor said that the damage “was done during a time of desperation while being deeply stuck in mud” and had taken full responsibility, according to a Park Service update provided on Thursday.

Organizations: National Park Service, YouTube Locations: California, Saline

☆ Cloud seeding probably didn't cause Dubai's floods. The UAE has been trying to control its weather for years, and the US does it too.
▼ + stars: | 2024-04-17 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Photos show how the UAE, United States, and other countries have been seeding clouds for decades. Historic floods in Dubai didn't come from cloud seeding, but humans' climate impacts are playing a role. Related storiesAccording to several scientists, cloud seeding isn't the driving force behind Dubai's historic floods. Packets of salt are pictured during a cloud seeding operation at a military airbase in Subang, Malaysia. The real threat behind Dubai's floodsMany atmospheric scientists have dismissed the idea that cloud seeding was behind Dubai's floods.

Persons: GIUSEPPE CACACE, Getty, Prometheus, Frankenstein —, Thomas Peipert, Al Hayer, Amr Alfiky, Andrea DiCenzo, Lim Huey Teng, there'd, Friederike Otto, John Marsham, Jeff Big Jeff, Gary Coronado, Marsham, Fred Greaves, Otto Organizations: Dubai didn't, Service, United Arab Emirates, United Arab, UAE, Reuters, National Center of Meteorology, United, UAE's National, of Meteorology, Militia, Imperial College London, Science Media, SMC, University of Leeds, Los Angeles Times, Getty, UAE isn't, National Park Service, AP Locations: UAE, United States, Dubai, United Arab Emirates, Rocky, Lyons , Colorado, China, Australia, Al Ain, Utah, Dongkou county, Shaoyang, Hunan province, Subang, Malaysia, Bannon, Sacramento, , California, California's Sacramento County

☆ Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
▼ + stars: | 2024-04-16 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +2 min

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.Their quarterly numbers begin hitting Wall Street this week. Bair, who ran the FDIC during the 2008 financial crisis, is nervous that regional bank issues from 2023 aren't fully resolved. "This is still a problem for the regional banks, and fingers crossed that there's [not] another failure. The SPDR S&P Regional Bank ETF (KRE) is down almost 13%, and only four of its members are positive for 2024. Her latest regional bank warning comes as the benchmark 10-year Treasury note yield topped 4.6% this week and hit its highest level since November 2023.

Persons: Sheila Bair, I'm, Bair, CNBC's, aren't, We're Organizations: U.S . Federal Deposit Insurance Corp, P Regional Bank ETF, New York Community Bancorp, Metropolitan Bank Holding Corp, Kearny Financial, Columbia Banking, National Bancorp Locations: New York

☆ These 28 regional and community banks exceed regulators' threshold for high commercial real estate concentration risk: here's what's really at stake.
▼ + stars: | 2024-03-09 | by ( Laila Maidan | ) www.businessinsider.com time to read: +12 min

But where banks' exposure to commercial real estate is concerned, locating that fire may be difficult. Rising interest rates quickly increased the cost of borrowing for investors in commercial real estate, including offices and multifamily homes. It doesn't reveal details such as borrowers' track records, said Mark Hillis, a former chief risk officer for commercial real estate at JPMorgan. There's also varying concentration risk: the largest banks with commercial real estate exposure are more diversified, meaning that any losses won't be as devastating, Baker said. "We think very few banks will run into issues just from their commercial real estate exposure," Reidy said.

Persons: Michael Barr, Jerome Powell, Todd Baker, Mark Hillis, Clifford Rossi, Robert H, Rossi, Baker, There's, Hillis, multifamily, haven't, You'll, Banks, you'll, Rebel Cole, NYCB, Matt Reidy, Reidy, Cole Organizations: Federal Reserve, Business, York Community Bank, SEC, Richman Center for Business, Law, Columbia University, JPMorgan, Smith, Smith School of Business, University of Maryland, Mortgage Banker's Association, Bank, Signature Bank, First, Countrywide Bank, Washington Mutual, Citigroup, multifamily, Florida Atlantic University, Federal, Regulators, TCRE, Equity RCRE, Community Bank, Provident Bank NJ, Merchants Bank of Indiana, Apple Bank for Savings, Oceanfirst Bank, Independent Bank, Lakeland Bank NJ, Ozk, Washington Federal Bank WA, Axos Bank, Sandy Spring Bank, Columbia Bank NJ, Farmers, Merchants Bank of CA, Popular Bank, Pacific Premier Bank, United Bank, Trust, Rockland Trust, Umpqua Bank, ServisFirst Bank, Bell Bank, Stellar Bank, National Bank of, National Bank of Florida FL, New York Community Bank Locations: multifamily, Basel, CRE, California, Rockland, National Bank of Florida

☆ NYCB stock tumbles to lowest level since 1996
▼ + stars: | 2024-03-04 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +2 min

New York CNN —Shares of New York Community Bank (NYCB) fell 23% Monday, hitting their lowest level since 1996. The issues caused a $2.4 billion loss to shareholders last quarter, NYCB said. That caused the stock to plunge, bringing it to its lowest level since 1997. NYCB’s troubles are having a mixed effect on other regional bank stocks. Shares of Valley National Bank (VLY) closed 5.6% lower on Monday, while Zions Bancorporation (ZION) closed 1% higher.

Persons: NYCB, Alessandro DiNello, Zions Organizations: New, New York CNN, New York Community Bank, Fitch, Moody’s Investors Service, First Republic Bank, Silicon Valley Bank, Signature Bank, National Bank Locations: New York, Silicon, NYCB, ZION

☆ What’s Behind the Turmoil at New York Community Bank?
▼ + stars: | 2024-03-01 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

Shares of New York Community Bank slid more than 25 percent on Friday, a day after the lender said its loss in the fourth quarter was $2.4 billion more than it had previously reported, and also announced the departure of its chief executive and a board member. Shares of other regional banks were also lower: Valley National Bank and Columbia Banking System both fell more than 2 percent. The KBW Regional Bank Index, which tracks performance of U.S. regional banks, fell more than 1 percent. The drop in shares of other banks is a sign investors are still nervous about the potential for wider trouble in the banking sector — nearly a year after several small banks failed. But the fact that the declines in other regional banks were small suggested that NYCB’s problems are seen as unique to it.

Persons: ”, Christopher Marinac, Janney Montgomery Scott Organizations: New York Community Bank, National Bank and Columbia Banking System, Regional

☆ Here’s why regional banks have so much commercial real estate exposure
▼ + stars: | 2024-02-29 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

New York CNN —It’s no secret that commercial real estate (CRE) has become a source of stress for banks. Regional banks were on high alert recently after New York Community Bancorp (NYCB) reported steeper-than-expected future losses on commercial real estate loans. So why is it that the smaller, regional banks are so much more exposed to commercial real estate? Office real estate is among the bank’s smaller commercial real estate subcomponents. Robbins of Valley National Bank told CNN “we remain comfortable with our diverse and granular commercial real estate portfolio.”Office real estate is just one component of commercial real estate, albeit the most worrisome to banks and economists.

Persons: New York CNN —, Goldman Sachs, Fitch, Banks, BankRegData, Flagstar, “, JPMorgan Chase, —, Michael Brochstein, it’s, Ira Robbins, Robbins, CNN “, Carlos Barria, ” Organizations: New, New York CNN, New York Community Bancorp, Flagstar Bank, Federal Deposit Insurance Corporation, National Bank, JPMorgan, Getty, Valley National Bank, CNN, Fitch, FDIC, Reuters Locations: New York, Morristown , New Jersey

☆ The least-visited national parks in the United States in 2023
▼ + stars: | 2024-02-26 | by ( Marnie Hunter | ) edition.cnn.com time to read: +10 min

The state of Alaska — which covers 665,384 square miles (426 million acres) — is home to five of the 15 least-visited national parks for 2023. Wrangell-St. Elias National Park & Preserve, Alaska - 78,305 recreation visitsAmerica’s largest national park, Wrangell-St. Elias encompasses 13.2 million acres — or about the size of Yellowstone National Park, Yosemite National Park and Switzerland combined, the Park Service says. Dry Tortugas National Park, Florida - 84,285 recreation visitsThis island park in Florida is among 20 National Park Service sites that broke visitation records in 2023. Channel Islands National Park, California - 328,746 recreation visitsStretching over five islands and the surrounding ocean, Channel Islands National Park offer opportunities to hike, snorkel, kayak, birdwatch and more. While Pinnacles may rank among the 15 least-visited national parks, it gets very busy on weekends, holidays and throughout the spring, according to a notice on the park’s website.

Persons: Alaska’s Gates, “, ” Peter Christian, fa’asamoa, Gates, ”, Katmai, Brooks Camp, Elias, Lumir, Nabesna, McCarthy Organizations: CNN, &, CNN Travel, of, Park Service, National Parks, & Preserve, South Pacific, Hawaiian Airlines, Lake Clark, National Park Service, Getty, Isle Royale, NPS, Wolves, Elias, Park & Preserve, Yosemite National, Voyageurs National, Voyageurs National Park, ” Voyageurs, Voyageurs, Service, Channel Locations: Alaska’s, Fairbanks, Alaska, of American Samoa, South, Samoa, Smoky, Wild Rivers, American Samoa, Honolulu, , Alaska, Isle, Lake Superior, Isle Royale, Park , Michigan, Brooks, , Washington, Wrangell, St, Elias, Yellowstone, Yosemite, Switzerland, , Florida, Florida, Key, Fort Jefferson, , Nevada, Minnesota, Voyageurs National Park , Minnesota, Canada, Guadalupe, Park , Texas, Texas, Salt, , South Carolina, South Carolina, Congaree, There’s, Santa Cruz, , California, Southern California

☆ Tourists are paddle boarding and frolicking in one of Earth's driest locations after record rains
▼ + stars: | 2024-02-25 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewHeavy rainfall created a temporary lake in Death Valley National Park, one of Earth's driest locations, prompting travelers to take a potentially once-in-a-lifetime swim. The unexpected phenomenon began earlier this week at Death Valley's Badwater Basin after recent rainstorms battered California. Tourists wading through Death Valley's temporary lake. Tourists paddle boarding and wading in Death Valley's temporary lake. Two tourists sit beside Death Valley's temporary lake.

Persons: —, Ty ONeil, Andler, DAVID SWANSON, Heather, Bob Gang, Heather Gang, Guo Yu, hydrometeorology, Tiffany Pereira Organizations: Service, Lake Manly, National Park Services, Business, Associated Press, AP, Tourists, Research, Getty Locations: Death, California, Badwater, Lake, Lake Manley, Southern California

☆ They left the US for a new life abroad. Things didn’t all go to plan
▼ + stars: | 2024-02-24 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week: trending flight routes around the world, the latest on Qantas’ record-breaking Project Sunrise, plus the Americans leaving the States behind for new lives overseas. She’s one of a number of influencers who’s struck a chord with people who love the fairytale fantasy of starting over with a new, better life. However, for the brave souls who take the plunge, things don’t always run smoothly or according to plan. But right now Death Valley National Park – the driest place in the country – is offering visitors a rare kayaking opportunity in a temporary lake in Badwater Basin.

Persons: “, ”, Kacie Rose Burns, who’s, skywatchers, you’re, Olivia, Noah, ” Expedia, there’s, There’s, Malcolm Park Organizations: CNN, Qantas, Expedia Group, Chicago, ”, Alaska Airlines, Ski Locations: America, United States, Italy, Chicago, Bahamas, North Carolina, Tennessee, Badwater Basin, North America, Los Angeles, Tokyo, Asia, Perth, Bali, Tampa, Toronto, Nevada, Australia, Sydney, New York, London, Montchavin, France

☆ Valley National Bank CEO on NYCB closure and dealings with regulators
▼ + stars: | 2024-02-22 | 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 EmailValley National Bank CEO on NYCB closure and dealings with regulatorsIra Robbins, Valley National Bank chairman and CEO, joins 'Power Lunch' to discuss the chief executive's sentiment after hearing news about New York Community Bank, how Robbins would characterize their interactions with regulators, and more.

Persons: Ira Robbins, Robbins Organizations: Bank, National Bank, New York Community Bank

☆ U.S. regional banking shares tumble for second straight day
▼ + stars: | 2024-02-01 | by ( ) www.cnbc.com time to read: +2 min

The KBW Regional Banking Index slipped 4.8% after seeing its biggest single-day decline since the collapse of Signature Bank in March last year. NYCB shares lost another 13.4% of their value and were last trading at $5.60. The frenzied selling in banking shares has rekindled fears about regional lenders, even as many analysts and investors said the problems at NYCB were mostly unique. Western Alliance Bancorp's shares fell nearly 11%, while those of Valley National Bancorp dropped 8.8%. Comerica's shares fell 5.8%.

Persons: NYCB, Martin Rauchenwald, Arthur D, Steven Alexopoulos, Alexopoulos, Moody's, Western Alliance Bancorp's Organizations: New York Community Bank, U.S, New York Community Bancorp, Signature Bank, Flagstar Bank, Jefferies, Western Alliance, National Bancorp Locations: Yonkers , New York, U.S, NYCB

☆ The 4 most important things we're watching in the stock market this coming week
▼ + stars: | 2024-01-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Fortunately, we'll get useful information in the coming weeks as earnings season ramps up and updated inflation data is released. We really want to see more supply come into the market to provide some relief on shelter costs. Looking to next week, we'll get a several key economic updates and a ramp up of earnings releases. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Morgan Stanley, we'll, Procter & Gamble, we've, We're, we're, We'll, Forex, Brown, BRO, Zions, CrossFirst, Johnson, Lockheed Martin, Horton, ERIC, Baker Hughes, Abbott, ABT, Clark, BOK, Monro, Simmons, United Community Banks, Lam, Ethan Allen Interiors, Raymond James Financial, Sherwin, Williams, Northrop, Murphy, Arthur J, Levi Strauss, LEVI, Booz Allen, Jim Cramer's, Jim Cramer, Jim, John Gress Organizations: Nasdaq, Microsoft, Nvidia, Tesla, Apple, Bank of America, Reserve, Procter, Gross, Citigroup, of Hawaii, United Airlines, Logitech International S.A, AGNC Investment, Agilysys Inc, Great Southern Bancorp, Enterprise Financial Services, Independent Bank, Home Bancorp, RBB Bancorp, TrustCo Bank Corp, Gamble Co, Verizon Communications, 3M Company, General Electric Co, GE, RTX Corporation, Halliburton Company, HAL, Lockheed, Ericsson, Bank, GATX Corporation, MakeMyTrip, National Bancorp, Synchrony, Webster, Atlantic Union Bankshares Corporation, Invesco PLC, Peoples Bancorp Inc, Sandy Spring Bancorp, Netflix, Texas Instruments Incorporated, Steel Dynamics, Canadian National Railway Company, NBT Bancorp, East West Bancorp, Covenant Logistics Group, Inc, Hanmi, National Bank Holdings Corporation, Premier Financial, QCR Holdings, Renasant Corporation, Triumph, Veritex Holdings, ASML, SAP, Textron, Oriental Education, Technology Group, First BanCorp, General Dynamics, OFG Bancorp, Prosperity, TE Connectivity, United Community, Blue Foundry Bancorp, Capitol Federal, HBT, Teledyne Technologies, Business Machines, IBM, Las Vegas Sands Corp, Lam Research, United Rentals, Berkley Corp, Crown, International, Packaging Corporation of America, Seagate Technology plc, CACI, Swift Transportation Holdings, Ameriprise Financial, Concentrix Corporation, First Bank, Liberty Energy, Pathward Financial, Columbia Banking, CSX, American Airlines Group, NextEra Energy Inc, Alaska Air Group, Dow Chemical Co, Valero Energy, Southwest Airlines Co, Nextera Energy, Williams Co, Union Pacific, Applied Industrial Technologies, Mobileye, Northrop Grumman, Comcast, Nokia, TAL Education, McCormick & Company, Intel, Visa Inc, Gallagher, Co, KLA Corporation, Western Alliance, Mobile, L3Harris Technologies, Western, Olin Corporation, American Express Co, Booz, Booz Allen Hamilton Holding, Colgate, Palmolive Co, Norfolk Southern Corporation, Jim Cramer's Charitable, CNBC, Gamble's Locations: Procter &, U.S, China, ZION, Freeport, Kimberly, Las, W.R, Chicago

☆ Alaska's once crystal-clear rivers now resemble dirty orange soda, puzzling researchers
▼ + stars: | 2024-01-15 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

The melting permafrostEven before researchers knew about the orange waters, they realized northern Alaska was rapidly changing. The Arctic Inventory and Monitoring Network mapped locations of orange streams, and aerial photos show how easy they are to spot because of their brightness. When scientists went to the orange streams to count fish, insects, algae, and other aquatic life , "biodiversity just crashed," biologist Mike Carey told Scientific American . Advertisement"The fish were totally gone," Koch told BI. The streams Koch monitors near the Brooks Range are fairly remote, but the rivers they feed into provide fish for human communities in this region.

Persons: John McPhee, Joshua Koch, It's, —, Michael Carey, Koch, Carson Baughman, Kenneth Hill, Mike Carey Organizations: Service, US Geological Survey, Koch, Survey, Geological Survey, National Park Service, University of California, Davis , Alaska Pacific University, University of Alaska, Scientific, BI Locations: Salmon, Beaufort, Kobuk, , Alaska, Davis ,, Anchorage —, Alaska

☆ In Death Valley, a Rare Lake Comes Alive
▼ + stars: | 2023-11-20 | by ( Jill Cowan | Mette Lampcov | ) www.nytimes.com time to read: +1 min

Furnace Creek and Stovepipe Wells are among the roadside outposts inside Death Valley National Park, while Dante’s View draws tourists at sunset and Hell’s Gate greets visitors arriving from the east. In the summer, it is so hot here, along California’s southeastern spine, that some of the roughly 800 residents — nearly all of them park employees — bake brownies in their cars. But none of that is what prompted Lata Kini, 59, and her husband, Ramanand, 61, to pack their bags and drive about seven hours to get here on a whim this month. They were drawn instead by the mystique of another natural force. “I’m here because of the water,” Ms. Kini, said at Zabriskie Point, a popular vista, as she watched the rising sun paint the undulating stone peaks in shades of pink and deep purple.

Persons: Stovepipe Wells, —, Lata Kini, Ramanand, “, Ms, Kini Locations: Zabriskie

☆ Tarantula sighting results in car accident in Death Valley National Park
▼ + stars: | 2023-11-02 | by ( Lilit Marcus | ) edition.cnn.com time to read: +2 min

CNN —A tourist tried to avoid a wild animal in a national park and got in a car accident. According to a press release issued by the Death Valley National Park in California, two tourists from Switzerland were in a campervan on October 28 when the driver saw the spider and slammed on the brakes. However, the park urges Death Valley visitors not to panic if they see an eight-legged creature. Earlier this year, staff at Yellowstone National Park were forced to euthanize a bison calf after a visitor tried to pick up the animal. Last week, a section of the Blue Ridge Parkway national park in North Carolina was closed after multiple incidents of “visitors feeding and attempting to hold a young bear.”

Persons: who’d, “, ” Organizations: CNN, Death, Yellowstone Locations: California, Switzerland, Death, North Carolina

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Apple, AbbVie, Chevron, Krispy Kreme, Roku and more
▼ + stars: | 2023-10-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are the biggest calls on Wall Street on Monday: JPMorgan upgrades Eastman Chemical to overweight from neutral JPMorgan said it sees an earnings rebound for Eastman Chemical. Bank of America reiterates Roku Bank of America said it's standing by its buy rating heading into earnings later this week. JPMorgan downgrades Olin to neutral from overweight JPMorgan downgraded the chemical company citing concerns about reduced product demand. " JPMorgan downgrades Valley National to neutral from overweight JPMorgan downgraded the regional bank mainly on valuation. Bank of America initiates Cooper Companies as buy Bank of America said the contact lens company is well positioned. "

Persons: Bernstein, Tesla, underperform Bernstein, Morgan Stanley, Apple, it's, Pinterest, Raymond James downgrades, Raymond James, TD Cowen, Decker, Baird downgrades Datadog, Baird, JPMorgan downgrades Newell, JPMorgan downgrades Olin, Olin, Harris, Hess, Truist, Piper Sandler, Piper, Oppenheimer, Goldman Sachs, Okta, Goldman, Wolfe Organizations: JPMorgan, Eastman Chemical, Barclays, Bank of America, Roku Bank of America, Apple, Citi, Raymond James downgrades Cisco, Cisco, Stanley Black, JPMorgan downgrades, JPMorgan downgrades Newell Brands, Newell Brands, UBS, East West Bancorp, Chevron, of America, Cooper Companies, Microsoft, MSFT, Deutsche Bank, Nvidia, Deutsche, Broadcom Locations: China, Okta

☆ Here are 16 stocks Jim Cramer is watching, including Microsoft, Chevron, Southwest
▼ + stars: | 2023-10-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +1 min

Here are some of the tickers on my radar for Monday, Oct. 30, taken directly from my reporter's notebook:Big Morgan Stanley note: Chief Investment Officer and Chief U.S. Equity Strategist Mike Wilson says breadth leads, doesn't like breadth. Fed not near easing interest rates. Nick Timiraos, chief economics correspondent for The Wall Street Journal, interesting article. Higher bond yields can tighten financial conditions. Piper Sandler calls release of Microsoft 365 Co-Pilot artificial intelligence assistant the "iPhone moment" for the software and cloud giant.

Persons: Big Morgan Stanley, Mike Wilson, Nick Timiraos, Piper Sandler, Western Digital Raymond James, Valley National Raymond James, Jim Cramer's Organizations: Chief U.S, Equity, Wall Street, Microsoft, Western Digital, Devices, Newell Brands Aerospace, JPMorgan, Valley National, Cisco Systems

☆ Death Valley is an oasis of lakes and wildflowers after Hurricane Hilary
▼ + stars: | 2023-10-25 | by ( Mary Gilbert | ) edition.cnn.com time to read: +4 min

CNN —California’s Death Valley is the hottest place in the world and the driest place in North America. But two months after Hurricane Hilary’s epic rainfall, parts of the national park look more oasis than desert. “It is definitely a rare and special event,” Death Valley park spokesperson Abby Wines told CNN, only happening roughly once a decade. Road crews traverse along hwy 190 in Death Valley, California, on August 31, 2023, where most of the road was washed out. But average high temperatures in Death Valley drop quickly during the fall and get nowhere near the record-shattering heat of summer.

Persons: Abby Wines, Hilary, Robert Gauthier, Wines, “, Death, Mike Reynolds, Mario Tama, Badwater, ” Wines, ” Organizations: CNN, Los Angeles Times, Wines, National Park Service, NPS Locations: North America, Death, Death Valley , California, Badwater

☆ The best places — and best times — to take a safari
▼ + stars: | 2023-10-25 | by ( Harriet Akinyi | ) www.cnbc.com time to read: +8 min

KenyaFor more than 25 years, professional safari guide Geoff Mayes has taken tourists to the best parks in Africa. Amboseli National Park, a UNESCO World Heritage Site, is known for its massive elephant population and spectacular views of Mount Kilimanjaro. In those three, one can track mountain gorillas in Mgahinga National Park and Bwindi Impenetrable National Park. Another park to consider is the Kidepo Valley National Park, with its sweeping plains and valleys overshadowed by the brooding Mount Morungole. ZimbabweApart from the renowned Hwange National Park, I have also visited Matobo National Park, which has a wide diversity of fauna and plenty of white rhinos.

Persons: I've, revel, Harriet Akinyi, Geoff Mayes, Mara —, Masaai Mara, Mara, you'll, Barack Obama, It's, Luis Davilla, There's, Kruger, Addo, Nogaya, Jason Edwards, Dennis Kahungu, Christopher Kidd, Photodisc, Weaver, Clair, Nxai, Patrick J, Cecil Rhodes, Westend61 Organizations: Mara, Reserve, Kenya —, UNESCO, Heritage, Netflix, National Parks, Kruger, Park, Photodisc, Uganda Wildlife Authority, Queen Elizabeth, Lake, CNBC Travel, Getty, Nature, Kalahari Game Reserve, Kenya, Tourists Locations: Africa, Mugie Conservancy, Kenya, Tanzania, South Africa, Uganda, Mozambique, Botswana, Zambia, Zimbabwe, Malawi, Namibia, Rwanda, Nairobi, Mount Kilimanjaro, Solio Conservancy, Africa Kenya, Johannesburg, iMfolozi, Addo, Uganda Uganda, Kyambura, Lake Mburo, Mburo, Ihema, Inti St, Botswana Botswana, Okavango, Matobo

McALLEN, Texas (AP) — The Biden administration announced they waived 26 federal laws in South Texas to allow border wall construction on Wednesday, marking the administration’s first use of a sweeping executive power employed often during the Trump presidency. The Clean Air Act, Safe Drinking Water Act and Endangered Species Act were some of the federal laws waived by DHS to make way for construction that will use funds from a congressional appropriation in 2019 for border wall construction. Starr County Judge Eloy Vera said it will start south of the Falcon Dam and go past Salineño, Texas. “A border wall is a 14th century solution to a 21st century problem. It will not bolster border security in Starr County,” U.S. Representative Henry Cuellar said in a statement.

Persons: —, Trump, Alejandro Mayorkas, Starr, Eloy Vera, ” Eloy Vera, Laiken, Greg Abbott, Biden, Henry Cuellar, “, Dan Stein, ” Organizations: Biden, Department of Homeland Security, U.S . Federal, Patrol, Act, DHS, Wildlife, Center for Biological Diversity, Texas, U.S . Customs, Protection, Democratic, ” U.S, Federation for American Immigration Reform Locations: McALLEN , Texas, South Texas, Starr County , Texas, United States, Zapata, McAllen , Texas, Lower Rio Grande, Starr, Salineño , Texas, U.S, Eagle, “, Starr County, ”

☆ Best High-Yield Savings Accounts for October 2023
▼ + stars: | 2023-09-28 | by ( Martha C. White | ) www.wsj.com time to read: +18 min

With the Federal Reserve steadily raising interest rates to fight inflation, high-yield savings account payouts have steadily risen, too. After years of near-zero returns, the average savings account rate has risen to 0.45%, according to the Federal Deposit Insurance Corp. Their new High-Yield Savings account offers a 3.5% APY, but you need a hefty $5,000 deposit to open the account. Unlike some high-yield online savings accounts, you earn a high APY—currently 5%—on every dollar in your account. You can conduct immediate electronic transfers between your brokerage account and savings account, and manage both savings and investment activities on a single platform.

Persons: Martha C, it’s, JPMorgan Chase, Wells, Wells Fargo, Ally, Synchrony, UFB, —, Achilles, We’ve, Foster, Alliant, Morgan Stanley, Marcus, Goldman Sachs, Charles Schwab, Charles Schwab Bank Charles Schwab Organizations: Federal Reserve, Federal Deposit Insurance Corp, Capital, National, One’s, JPMorgan, JPMorgan Chase JPMorgan Chase &, Chase Savings, Ally, Synchrony, CIT, First Citizens, Bank, Axos Bank, Webster Bank, National Bank, Zelle, Alliance Data Systems, Comenity Capital Bank, FDIC, Foster Care, Navy, Navy Federal, Savings, Morgan Stanley Private, Morgan Stanley Private Bank, Bloomberg, Trade, Charles, Charles Schwab Bank, Best Bank, National Credit Union Administration, dateline Locations: Chase, Zelle, Ally’s, Utah, Chicago, U.S, .

☆ Savings Account and CD Rates Today | New 7% APY Checking Account Comes to Market
▼ + stars: | 2023-09-27 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Leading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, OnPath Credit, Credit Union, Cash, Products, Savings, BluPeak Credit Union, USALLIANCE, Newtek, Federal Credit Union Locations: Axos, —

☆ Savings Account and CD Rates Today | New No-Penalty CD Market Leader
▼ + stars: | 2023-09-26 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Fees no monthly service fee Annual Percentage Yield (APY) 5.25% (as of 08/11/2023) Minimum Deposit Amount $0 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

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