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Why Americans are snubbing McDonald’s and Starbucks
  + stars: | 2024-07-31 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
New York CNN —On the surface, it looks like Americans are laying off the Big Macs, booze and even — gasp! On Monday, McDonald’s reported sales fell 0.7% in the US from the same period in 2023. The once reliably cheap McDonald’s pushed its prices up, while sit-down restaurants leaned into value and convenience. Applebee’s, for one, made a direct pitch to the hordes of ticked-off McDonald’s customers who felt the chain had abused its pricing power. Now, McDonald’s is trying to win back poorer customers while appealing to more affluent customers who want something new.
Persons: CNN Business ’, McDonald’s, Johnny Walker, It’s, it’s, they’re, , RJ Hottovy, Jonathan Maze, I’m, , Chili’s, , Taylor Swift Organizations: CNN Business, New York CNN, Starbucks, Diageo, Restaurant Business, Dine Brands, CNN Locations: New York, United States, North America, Texas, Paris
Wells Fargo Autograph Journey Card OverviewThe Wells Fargo Autograph Journey℠ Card is a true travel credit card, with benefits that rival many of the best credit cards currently on the market. Wells Fargo Autograph Journey Card Fees and APRAnnual FeeThe Wells Fargo Autograph Journey℠ Card has a $95 annual fee, on par with many popular rewards cards. Wells Fargo Autograph Journey℠ Card Transfer PartnersWells Fargo's Autograph Rewards transfer program launched in April 2024, with the following airline and hotel partners:HotelsChoice Privileges®AirlinesAerClubAir France-KLM Flying Blueavianca lifemilesBritish Airways Executive ClubIberia PlusPoints Transfer is available for all Wells Fargo credit cards that earn Wells Fargo points, including the current Wells Fargo Autograph℠ Card and the new Wells Fargo Autograph Journey℠ Card. Wells Fargo Autograph℠ Card vs. Wells Fargo Autograph Journey℠ CardThe Wells Fargo Autograph℠ Card is the newly demoted "little brother" of the Wells Fargo Autograph Journey℠ Card. The Wells Fargo Autograph℠ Card earns 3x on restaurant purchases, which mirrors the earning rate of the Autograph Journey℠ Card.
Persons: Wells, Wells Fargo's, Wells Fargo, Cardholders, cardholders, you'll, You'll, lifemiles Organizations: Chase, Insurance, Capital, Rental Insurance, Airlines, Air France, KLM, British Airways Executive Club Iberia, Wells Fargo, Wells, Card, British Airways Executive Club, Journey, Business Locations: Wells Fargo, airfare, There's, New York, U.S, Air, Iberia
And if you're a college student with limited credit history, you should consider the Capital One Quicksilver Student Cash Rewards Credit Card or Capital One SavorOne Student Cash Rewards Credit Card. Capital One Quicksilver Cash Rewards Secured Credit Card RewardsHow to earn rewardsThe rewards rate on the Capital One Quicksilver Secured Cash Rewards Credit Card is straightforward, with no complicated bonus categories to track and no limits to what you can earn. Capital One Quicksilver Secured Card Benefits and FeaturesAs with most secured credit cards, the Capital One Quicksilver Secured Cash Rewards Credit Card isn't packed with perks. Capital One Quicksilver Secured Card ComparisonCapital One Quicksilver Secured Card vs. Capital One Quicksilver Secured Card Frequently Asked QuestionsWhat credit score do I need to be approved for the Capital One Quicksilver Secured?
Persons: it’s, Quicksilver, you'll, Cardholders, You'll, you've, who've Organizations: Business Insider, U.S . Bank, Quicksilver, Capital, CreditWise, U.S, Bank Cash, Visa, . Bank, EV, U.S . Bank Cash, Chevron Locations: Capital, U.S, Chevron
Keep reading to learn everything you need to know about how to watch USA vs. South Sudan free, including global watch options. How to watch USA vs. South Sudan in the USThe USA vs. South Sudan game will live stream through Peacock in the US. Check price at FuboHow to watch USA vs. South Sudan in the UKThe USA vs. South Sudan game will live stream on Eurosport through Discovery+ in the UK, along with the rest of the Olympics. How to watch USA vs. South Sudan in AustraliaThe USA vs. South Sudan game will be available to stream through 9Now in Australia. Check price at ExpressVPNHow to watch USA vs. South Sudan with a VPNSign up for a VPN if you don't already have one.
Persons: LeBron James, Stan Sport, you'll, VPNs, we've, ExpressVPN Organizations: Business, USA, Olympics, US, Serbia, Puerto, Eurosport, Discovery, BBC Locations: United States, South, Sudan, South Sudan, London, Puerto Rico, USA, British, Australia, 9Now, Australian
Yen braces for BOJ decision with risk events aplenty
  + stars: | 2024-07-31 | by ( ) www.cnbc.com   time to read: +4 min
That is followed by inflation readings in France and the wider euro zone later in the day, alongside the Federal Reserve's policy decision, which takes center stage. With plenty of risk events to mark the month-end, currency moves were largely subdued in early Asia trade as investors were hesitant to take on fresh positions. "We anticipate that the BOJ will increase interest rates to around 0.25% at the upper limit." "A rate hike could help stabilize the yen's current levels, whereas the absence of a rate hike may trigger renewed selling pressure driven by carry trades." The yen similarly made headway against other currencies, with the euro falling 0.07% to 165.07 yen and the Australian dollar slipping 0.12% to 99.80 yen.
Persons: Gregor Hirt, Sterling eked, Julien Lafargue Organizations: Bank of Japan, Federal, CIO, Allianz Global Investors, Traders, Barclays Private Bank, New Zealand Locations: Bank, France, Asia
Ninety companies are using the AI, which can detect violations from uploaded photos and videos. This article is part of "CXO AI Playbook" — straight talk from business leaders on how they're testing and using AI. But Goetsch said Soter's AI platform could identify hazards, risks, and violations within about 30 seconds. Soter said about 90 companies were using SoterGenius, including Delta Air Lines, Ramp Health, Boston Children's Hospital, and the insurance brokerage Marsh. For example, Goetsch said one company using SoterGenius recently purchased electric forklifts and installed charging stations.
Persons: , We've, Soter, Mike Goetsch, Goetsch, SoterGenius, it's, What's Organizations: Service, Ikea, DHL, Occupational Safety, Health Administration, Federal Aviation Administration, Delta Air Lines, Health, Boston Children's Hospital Locations: London
Kevin Levu faces unpredictable dangers during his nursing shifts, including the risk of being stabbed or beaten. A travel nurse, Levu works at Pelican Bay State Prison, which is home to some of the most violent inmates in California. Being a travel nurse "provides a lot of freedom in my life," he says. Zoom In Icon Arrows pointing outwards Kevin Levu in the army. "​Kevin Levu at home.
Persons: Kevin Levu, Levu, Chuck Greenwood, I'm, , there's, wasn't, nudged, Fort Sam Houston, didn't, Doctors, Kevin, fanny, gurney, he's, they're Organizations: CNBC, Pelican, Fort, Fresno City College, IRA, Netflix, Spotify, Toyota Tacoma Locations: Pelican Bay, California, Brookings , Oregon, U.S, Pelican, Crescent City, Northern California, Levu, Oklahoma, San Antonio , Texas, Kevin, Fresno , California, Placerville , California
Best Banks for Avoiding ATM Fees of 2024Axos Bank: Best online bank for avoiding domestic ATM feesConnexus Credit Union: Best credit union for avoiding domestic ATM feesChase Bank: Best national bank for avoiding domestic ATM feesCharles Schwab: Best institution for avoiding international ATM feesTD Bank: Best regional bank for avoiding domestic ATM feesBetterment: Best online banking platform for avoiding domestic ATM feesCompare the Top Banks for Avoiding ATM FeesThe best banks for avoiding bank ATM fees have free regional or national ATM networks, so you won't be charged for using an ATM. Here are the best banks for avoiding ATM fees as picked by Business Insider editors in 2024. up to $500 Pros Check mark icon A check mark. You could also refer to the schedules of fees document to review ATM fees and ATM withdrawal limits." Methodology: How Did We Choose the Best Banks for Avoiding ATM Fees?
Persons: Banks, Charles Schwab, Cash, you'll, Chase, Chase Sapphire, Schwab, you've, JP Morgan Chase, Jeffrey Epstein's, it's, You'll, Mykail James, Sophia Acevedo, Tania Brown, Roger Ma, James, Sophia, Axel Springer, Education Sophia, Evelyn, Read Organizations: Credit, Chase Bank, Best, Bank, Business, Axos, Axos Bank, Credit Union, Connexus Association, Chase, Start, JPMorgan Chase Bank, Chase Sapphire Banking, Chase Sapphire ℠ Banking, Chase Mobile, Chase Sapphire, Chase Sapphire ℠, Schwab, Charles, Charles Schwab Bank, Bank Best, East Coast, TD Bank, FDIC, NBKC Bank, U.S . Virgin, SEC, Alliant Credit Union, Ally, Bank5, Bethpage Federal Credit Union, CIT Bank, Connexus Credit Union, Discover, NBKC, Salem, Service Credit Union, SoFi, TIAA Bank, MasterCard, Finance, Savings, Education, California State University Fullerton, Angeles, Personal Finance Locations: Connexus, Minnesota , Ohio, Wisconsin, Alaska, Hawaii, Puerto Rico, United States, East, East Coast, Connecticut , Delaware, Florida , Maine , Maryland , Massachusetts, New Hampshire , New Jersey , New York, North Carolina , Pennsylvania, Rhone Island, South Carolina, Vermont, Chevron, Bethpage, NBKC Bank, U.S, California
Revenue of $695 million was also higher than the $686 million expected. Adjusted earnings of 5 cents per share topped the loss of 2 cents per share forecasted by analysts polled by FactSet. Additionally, Howmet increased its quarterly dividend to 8 cents per share from 5 cents per share, to be payable Aug. 26. JetBlue — Shares jumped 4% after the airline said adjusted earnings per share was 8 cents for the second quarter. Analysts expected a profit of $2.80 per share on revenue of $1.18 billion, according to StreetAccount.
Persons: Woodward, FactSet, LSEG, Archer, Gamble —, Leidos, StreetAccount, — CNBC's Michelle Fox, Hakyung Kim, Lisa Kailai Han, Alex Harring, Jesse Pound, Fred Imbert, John Melloy Organizations: CNBC, Delta Airlines, Microsoft, FactSet, Inc, , Technology, Merck —, pharma, Semiconductor, Bank of America, Pfizer —, Pfizer, Varonis Systems, Howmet Aerospace, Corning, LSEG, Daniels, Midland, JetBlue —, Revenue, PayPal —, PayPal, Procter, Gamble, U.S . Pentagon Locations: FactSet .
Despite that, P & G had a spotty quarter, which could give fuel to investors worried that a deterioration in the consumer would make its guidance harder to achieve. Nevertheless, P & G still fills an important role in a diversified portfolio, and its business is on solid footing. That includes North America, where organic sales grew 4%, and Europe, where organic sales increased 2% despite a difficult 12% comparison in the year-ago period. That helps explain how you get organic sales in China down 9%, albeit a slight sequential improvement from the 10% drop in the third quarter. It saw a mid-single digit decrease in organic sales because of market-share losses for its Luvs diapers.
Persons: Gamble, Stanley Black, Decker, Procter, Jim Cramer, Andre Schulten, Jon Moeller, Jim, it's, Jim Cramer's, Andrew Kelly Organizations: Procter, Revenue, LSEG, Procter & Gamble, Colgate, Palmolive, Unilever, Federal Reserve, SK, Care, CNBC Locations: U.S, Western Europe, North America, Europe, China, Japan, Middle, Manhattan , New York City
Keep reading to learn how to watch today's women's gymnastics final, and don't forget to bookmark our Olympic gymnastics streaming guide for important future dates. Where to watch women's gymnastics team final in the USThe women's gymnastics team final will be available to watch on Tuesday, July 30, starting at 12:15 p.m. Check price at FuboWhere to watch women's gymnastics team final in the UKThe women's gymnastics team final will be available through BBC One and BBC iPlayer in the UK. Where to watch women's gymnastics team final in AustraliaThe women's gymnastics team final will live stream on 9Now in Australia. Enjoy the women's gymnastics team final.
Persons: Simone Biles, Suni Lee, Jordan Chiles, Jade Carey, Peacock, Stan Sport, ExpressVPN Organizations: Business, Olympics, USA, Tokyo, GBR, Team USA, NBC, Peacock, BBC, Eurosport, Discovery, Gymnastics Locations: United States, Great Britain, China, Japan, Brazil, Canada, Italy, Romania, Australia, 9Now
108-year-old Martin McEvilly is Ireland's oldest man. He was still using an exercise bike at the age of 105, and has outlived his 10 siblings. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Although he now has carers, he was fit enough to use an exercise bike until around three years ago. This story is available exclusively to Business Insider subscribers.
Persons: Martin McEvilly, , GalwayBeo Organizations: Service, Business Locations: Ireland, Rosscahill
Learn moreThe PlayStation VR2 headset is typically prohibitively expensive, usually costing around $550. The PS VR2 is now $200 off, bundled with Horizon: Call of the Mountain or by itself during this limited-time deal. PlayStation VR2 $349.00 $549.99 Save 37% The PS VR2 is a virtual reality headset built for the PS5. View at AmazonThese deals make the PS VR2 even more affordable than the Meta Quest 3, one of the market's most popular virtual reality headsets. Sony PS5 Slim $449.00 $499.00 Save 10% The PS5 is one of the best consoles thanks to its powerful hardware, exclusives, and 4K Blu-ray drive.
Persons: you've Organizations: Business, PlayStation, Sony, Amazon, Meta, Slim, Amazon Sony PS5
Check out the companies making headlines in midday trading: JetBlue — The airline soared almost 20% after reporting second-quarter earnings that beat analysts' expectations . The Phoenix-based grocery chain also raised its full-year earnings guidance, forecasting revenue rising between 9% and 10%, compared to analysts' 8.2% consensus growth estimate. Revenue of $695 million was higher than the $686 million analysts has estimated. Lattice Semiconductor — Shares pulled back 8.5% after second-quarter earnings and current-quarter revenue guidance came in below expectations. Howmet Aerospace — The aerospace manufacturer rallied 14% after second-quarter earnings and revenue beat Wall Street estimates.
Persons: Varonis, Woodward, FactSet, LSEG, Howmet, Corning, Gamble —, Stanley Black, Decker, , Alex Harring, Samantha Subin, Lisa Kailai Han, Hakyung Kim Organizations: JetBlue —, New, Revenue, Systems, FactSet, Inc, , Technology, Semiconductor, Bank of America, CNBC, Delta Air Lines, Microsoft, Merck, Howmet Aerospace, Wall, PayPal, LSEG, Procter, Technologies Locations: New York City, LSEG, New Jersey, Cincinnati, Connecticut
Tesla is having trouble wooing new EV shoppers
  + stars: | 2024-07-30 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +4 min
That's bad news for Tesla, especially as a yearlong slowdown in EV demand is beginning to impact the EV leader's sales. That's off from 55% share a year ago and nearly 80% market share back in 2020, according to Experian data. AdvertisementThat leaves a potential opening for traditional automakers at a time when the EV market is getting tougher. That's already helped the brand chip away at Tesla's market share. And at Ford, EV sales were up 61% in the second quarter, trailing only Tesla in sales so far in 2023.
Persons: , Tesla, Elon, Power, Frank Hanley, That's, Hanley Organizations: Service, JD Power, Business, Cox Automotive, EV, Chevrolet, Silverado, Ford
The company's same-store sales fell 3% in the quarter, fueled by a 5% decline in transactions. Domestic same-store sales fell 2%, boosted by an increase in average ticket. Outside of North America, same-store sales slid 7%. In China, Starbucks' second-largest market, same-store sales tumbled 14% as both average ticket and transactions shrank. Last quarter, Starbucks slashed its forecast, projecting revenue growth of a low single-digit percentage and earnings per share growth in a range of flat to a low single-digit percentage.
Organizations: Starbucks, LSEG Locations: North America, China
Verizon uses generative AI to reduce the workload from its high volume of business-related calls. Debika Bhattacharya, the chief technology-solutions officer at Verizon Business, said Verizon received 170 million calls from business and individual customers every year. Last year, the company added generative AI as another layer to help reduce the demands on customer-service agents and answer clients' questions faster. AI in actionIncorporating generative AI into its business-to-business customer-service strategy helps agents answer questions and resolve issues faster, Bhattacharya said. Bhattacharya said it's too early to share data about how generative AI was improving Verizon's business customer service.
Persons: , Debika Bhattacharya, Bhattacharya, it's Organizations: Verizon, Service, Verizon Communications, Fortune, Verizon Business, hyperpersonalization, Telecom Locations: New York City
We'll show you how to watch USA vs. Japan from anywhere, including a free streaming option. How to watch USA vs. Japan in the USThe entirety of the Olympics, including today's USA vs. Japan game, will be available to live stream on Peacock. Check price at FuboHow to watch USA vs. Japan in the UKThe USA vs. Japan game will live stream on Eurosport in the UK, along with complete coverage of the rest of the Olympics. How to watch USA vs. Japan in AustraliaThe USA vs. Japan game, in addition to select other Olympic coverage, will be available to live stream through 9Now in Australia. How to watch USA vs. Japan from anywhereIf you happen to be away from Australia when the game tips off, you can still tune in to the above free option using a VPN.
Persons: USA's, it's, Diana Taurasi, A'ja Wilson, Breanna Stewart, Napheesa Collier, Brittney, we've, Peacock, Fubo, Stan Sport, ExpressVPN Organizations: Business, States women's basketball, Japan, USA, Tokyo Olympics, today's, NBC, Peacock, Eurosport, BBC Locations: States, Japan, USA, Germany, Belgium, Australia, 9Now, Australian
Levoit LVAC-200 Cordless Stick Vacuum Levoit's cordless stick vacuum offers great performance for the price. AdvertisementOur review of the Levoit LVAC-200 Cordless VacuumThe Levoit LVAC-200 is lightweight and easy to use, plus it can stand on its own, without a dock. This rings true for the Levoit LVAC-200 Cordless Vacuum. The LVAC-200 Cordless Vacuum is compact but packs a major punch with performance almost on par with the high-end vacuums I've tried. Some purchase-worthy alternatives are our best overall and budget-friendly picks, the Shark Stratos Cordless Vacuum and Hoover OnePWR Evolve Pet Elite Cordless Vacuum, respectively.
Persons: I'm, Levoit, Pauline Lacsamana, isn't, it's, Dyson, vacuums I've, scratchers, Cheerios, It's, I've, Sophia Carlisle, we've, Stratos, Hoover OnePWR, Hoover, Ken Doty Organizations: Business, Eco, micron, Shark, Hoover
Apple releases first preview of its long-awaited iPhone AI
  + stars: | 2024-07-29 | by ( Kif Leswing | ) www.cnbc.com   time to read: +1 min
Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails and images and sort notifications. The new software called Apple Intelligence was released in the developer beta of iOS 18.1. Apple Intelligence is an important initiative for Apple. Investors hope the tight integration of AI with Apple's operating system can spur a big wave of upgrades in the coming years, especially since the system will only work on the iPhone 15 Pro and iPhone 15 Pro Max and newer. "We expect this iPhone cycle to remain strong for longer as AI feature sets (software and possibly hardware) improve in the 2025 iPhone," Bank of America analyst Wamsi Mohan wrote in a note on Monday.
Persons: Siri, It's, Wamsi Mohan Organizations: Apple, Apple Intelligence, iOS, . Apple Intelligence, Max, " Bank of America
Shortly after the opening bell, we will be selling 100 shares of Danaher at roughly $274.13. In addition, we will be selling 20 shares of Salesforce at roughly $264.89. We indicated this sale last Friday after the stock hit $275 – a profit-taking level Jim identified during our July Monthly Meeting. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: We're, Jim Cramer's, Jim, Elliott, Elliott Management's, Jim Cramer Organizations: Disney, Starbucks, Elliott Management, CNBC Locations: Danaher, Salesforce
It reports earnings this week and traders are expecting a monster move. Customers can browse a large inventory of used vehicles on Carvana's website, complete with detailed photos, 360-degree views, and vehicle history reports. Their model eliminates most of the negative associations of used car dealers by offering convenience, transparency, and a hassle-free car buying experience without the used car salesman. The company's stock fell more than 80% from February 2020 in the pandemic plunge before rallying 1600% on record used car margins caused by supply constraints due to pandemic shutdowns. CVNA YTD mountain Carvana (YTD) Carvana will report earnings this coming Wednesday after the bell and the 18% earnings-related implied move ranks near the top of the Russell 1000 companies regarding earnings volatility.
Persons: Carvana, Russell, I'm Organizations: Carvana, Machines, CNBC, NBC UNIVERSAL
Biden Pushed for Major Changes to the Supreme Court
  + stars: | 2024-07-29 | by ( Matthew Cullen | ) www.nytimes.com   time to read: 1 min
This year’s presidential election has been transformed by the events of the last few weeks. For the next 99 days, until Election Day on Nov. 5, this newsletter will dedicate a section to the 2024 election, keeping you up to speed. Today, President Biden, in his first major event since opting out of his re-election run, called on Congress to impose 18-year term limits on Supreme Court justices and create an enforceable code of ethics on the justices. He also proposed a constitutional amendment that would reverse the court’s recent ruling giving presidents broad immunity from criminal conviction. House Speaker Mike Johnson called the proposal “dead on arrival.” Vice President Kamala Harris, the presumptive Democratic presidential nominee, said she supported Biden’s effort.
Persons: Biden, Mike Johnson, Kamala Harris Organizations: Democratic
Motley Fool Coupons and Promo Codes for JulySave on a new Motley Fool Stock Advisor account with these curated coupon and promo codes for July 2024. About Motley Fool DiscountsThe Motley Fool often offers discounts on its premium stock-picking services like Stock Advisor, especially around holidays or major market events. Motley Fool Stock Advisor is a subscription-based service providing stock recommendations, market research, and more. Motley Fool Stock Advisor is not a brokerage and does not trade securities. Here's our Motley Fool Stock Advisor performance review as one of the best investment advice services in 2024.
Persons: Motley, it's, It's, You'll, Tessa Campbell, Tessa, she’s Organizations: Stock, Service, Motley, Investment, Invest, Susquehanna University
We're excited about this one, so let us show you everything you need to know about where to watch a free Belgium F1 live stream wherever you are in the world. How to watch free Belgium GP live streams with a VPNSign up for a VPN if you don't have one. For example, the first week's live race lasted about 92 minutes, and I timed the actual race highlights section of the show at 72 minutes. How to watch F1 Belgium live stream in the USESPN is covering the remaining Formula 1 races this season. Check price at FuboHow to watch Belgium F1 live stream in the UKWant a free option?
Persons: racecraft, he's, Leclerc, Perez, we've, you'll, ExpressVPN, it's, FuboTV Organizations: Business, RTL2, Belgium F1, ESPN, Sky Sports, Sky, Premier League Locations: Belgium, Belgian, ORF1, ServusTV, Austria, Luxembourg, TV's
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