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Sarah Stier / Getty Images filePerhaps most impressive is the sheer number of medals won by U.S. women. The country in fourth place, with the closest number of medals to the American women, is Great Britain, with 65 medals. Sixty-seven medals is a record for U.S. women and a record for any country’s women in general, beating the U.S. total of 66 in Tokyo. Biles and Suni Lee went 1-2 on the all-around and became the first two all-around women gold medalists to go head-to-head in an all-around final. The women’s U.S. basketball team won its eighth Olympic gold in a row, earning a shoutout from former President Barack Obama on X.
Persons: Katie Ledecky, Sarah Stier, Jordan Chiles, Simone Biles, Suni Lee, Jamie Squire, Chiles, Lauren Scruggs, Amita Berthier, Al Bello, , Biles, Rebeca Andrade, Amit Elor, Barack Obama, Imane, Ulrik Pedersen, Imane Khelif, Lin Yu, Angela Carini, Khelif, Carini, Lin, Organizations: U.S, USA’s, IOC, United States ’, Games, Olympic Games, Boxing Association, Olympic Locations: Paris, Romania, China, Great Britain, Tokyo, Singapore, United, Algeria, Algerian, Taipei, Russian, New Delhi
Vice President Kamala Harris on Saturday pledged to eliminate taxes on tipped wages for service workers, matching a proposal from former President Donald Trump. “When I am president, we will continue our fight for working families of America, including to raise the minimum wage, and eliminate taxes on tips for service and hospitality workers,” Harris said. Harris would push the proposal with an increase in the minimum wage as well, the official said. “Kamala Harris, whose ‘Honeymoon’ period is ENDING, and is starting to get hammered in the Polls, just copied my NO TAXES ON TIPS Policy,” he wrote. “She can only steal from me.”Trump announced a policy proposal to eliminate taxes on tips during a June rally in Las Vegas.
Persons: Kamala Harris, Donald Trump, Tim Walz, Harris, ” Harris, Harris ’, Trump, “ Kamala Harris, , TRUMP, ” Trump, Karoline Leavitt, Sen, Ted Cruz, Lael Brainard, Brainard, Joe Biden, Organizations: Minnesota Gov, Culinary Workers Union, Las, NBC News, Yale University, Republican, Biden White, West Wing Locations: Las Vegas, America, Texas, Nevada
Olympic Marathon Course Lets Amateurs Inside the Ropes
  + stars: | 2024-08-11 | by ( Sarah Lyall | ) www.nytimes.com   time to read: +1 min
Stephanie Jacquet, 49, is not an Olympic athlete, nor any kind of athlete at all. “This is the first time in my life I’ve ever run anything,” she said. The Marathon for All, as it was called, was the final grand flourish of an audacious Summer Games organized around the revolutionary idea that Paris itself could be a stadium, not apart from the sports but at their center. Half were men and half women; they came from 127 countries and went off in waves, the last leaving just before 1 a.m. And in a nod to the Olympic year, each race had a total of 20,024 entrants.
Persons: Stephanie Jacquet, , Tamirat Tola, Paris Organizations: Games Locations: Paris, Versailles, Ethiopia
Over the weekend, Disney and Marvel's "Deadpool & Wolverine" became only the second R-rated film to top $1 billion at the global box office. "Deadpool & Wolverine" is the first R-rated Marvel Cinematic Universe flick, as the previous two Deadpool films were produced and distributed by 20th Century Fox. It is also the second Disney film to top $1 billion at the global box office this year. Box office analysts expect "Deadpool & Wolverine" won't be the last for the company this year, either. The Toy Story franchise has generated $3.2 billion at the global box office, the two Frozen films surpassed $2.7 billion worldwide, the two Incredibles films tallied $1.8 billion globally, and "Zootopia" reached $1 billion worldwide during its run in 2016.
Persons: Ryan Reynolds, Paul Dergarabedian, Kang, It's, Disney, Shawn Robbins Organizations: Disney, Warner Bros, Century Fox, Marvel, Star, & $ Locations: Comscore
GLENDALE, Ariz. — Vice President Kamala Harris made immigration a key component of her stump speech Friday night during a packed rally in a Phoenix suburb after making no mention of the topic during rallies this week in Michigan and Wisconsin. “We will move forward and take on the biggest issues facing our nation, for example, the issue of immigration,” Harris told the crowd of supporters. Harris has faced intense scrutiny on immigration from the Trump campaign since rocketing to the top of the Democratic ticket. Vice President Kamala Harris and running mate Gov. Ross D. Franklin / APSince launching her presidential bid, Harris has touched on immigration during past visits to Sun Belt states.
Persons: Kamala Harris, , ” Harris, Harris, Donald Trump, “ Donald Trump, , Trump, Biden, Gov, Tim Walz, Sen, Mark Kelly, Gabby Giffords, Ross D, Walz, Kamala Harris ’, Halee Dobbins, Joe Biden, , Arizona Sen, Kelly, ” Kelly, “ Tim, Ruben Gallego, Kari Lake, Gallego Organizations: , Democratic, Republicans, Northern, Desert Diamond, Franklin, AP, Sun, , Republican, Arizona, Arizona’s Senate, Marine Locations: GLENDALE, Ariz, Phoenix, Michigan, Wisconsin, Guatemala, El Salvador, Honduras, Glendale, Georgia, Arizona, Arizona’s, Iraq
The farrago of a sport that is the modern pentathlon owes its rarefied existence to Pierre de Coubertin, the father of the modern Olympics, who, according to legend, imagined it as a test of mettle for a typical French cavalry officer. Caught behind enemy lines, such a man might have to fence with and shoot at his pursuers; run toward safety; swim across a body of water; and ride away on a random horse he happened to encounter. But many things that made sense in the 19th century seem less persuasive in the 21st. So, drifting toward obsolescence and facing eviction from the Olympics after an accusation of horse abuse in the Tokyo Games, modern pentathlon’s governing body voted in 2021 to overhaul itself for the contemporary era. While the pentathletes at the Paris Games are indeed riding horses over a series of jumps as part of the event, they will face an entirely different fifth discipline when they get to Los Angeles in 2028: a race the organizers are calling a “‘Ninja Warrior’-style obstacle course.”
Persons: Pierre de Coubertin, Organizations: Tokyo Games, Paris Games Locations: Los Angeles
The Social Media Olympics
  + stars: | 2024-08-10 | by ( Lauren Hirsch | Sarah Kessler | ) www.nytimes.com   time to read: +1 min
Just moments after the American wrestler Sarah Hildebrandt won a gold medal at the Paris Games, she let the whole world know what she was thinking:“Oh my gosh I just won the FREAKING OLYMPICS hahahahah DUUUUDE,” she wrote on social media from the event venue. But at the Olympics, it’s part of a new twist — and one of the keys to returning to the sense of a shared national experience that defined the Games of yesteryear. For the last decade or more, it has seemed like the Olympics have struggled to capture relevance the way they did a generation ago. Blame was assigned to a fracturing media landscape and a long string of asterisks (pandemic restrictions in Tokyo, time zone issues in Beijing, a Zika outbreak in Rio de Janeiro, geopolitical tensions in Sochi). But the reason may have been simpler: The Olympics has largely been missing from social media.
Persons: Sarah Hildebrandt, DUUUUDE, Organizations: Paris Games Locations: American, Tokyo, Beijing, Rio de Janeiro, Sochi
Disney's classic baddies are getting their own theme park land at the Magic Kingdom in Orlando, Florida. This area will differ from the one at Disney California Adventure, D'Amaro told the audience, and will take place in the wilderness. As part of the Tropical America's land Disney is creating Pueblo Esperanza, which means village of hope. DisneylandThe world of "Avatar" will make its way to Disney's California Adventure, D'Amaro shared Saturday. The Walt Disney World Resort version of the ride opened in June.
Persons: Walt Disney, Mickey Mouse, Gary Hershorn, Disney, Josh D'Amaro, Parks, Rita Ora, D'Amaro, Shaboozey, Billy Crystal, Mike Wazowski, Crystal, Indiana Jones, Huy Quan, Josh, Quan, Madrigal, Antonio, Ash, Ali Rubinstein, Walt Disney Imagineering, Miguel, Deadpool, King Thanos, King, Scott Trowbridge Organizations: Magic, Walt Disney World, Corbis, Big, Honda Center, Disney, Walt Disney, Disney California, Hollywood Studios, Inc, Pirates, Defense, Stark, Disneyland, Walt Disney Imagineering, Marvel . Disney Cruises, Disney Cruise Locations: Orlando , Florida, Anaheim , California, California, Florida, Indiana, Orlando, Pueblo Esperanza, New York City, Disneyland Paris, Pride, Shanghai, Hong, Tokyo
Yet, the company's post-pandemic box office was also beset by executive decisions to increase content production to pad its fledgling streaming service Disney+. As the company seeks to rebuild its reputation and recapture magic at the box office, it is relying heavily on existing, and beloved, franchises. Revisiting old favoritesHeading into D23, Disney had two major box office successes under its belt from two major franchises. Its latest Pixar film, "Inside Out 2," is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. Robert Downey Jr. speaks onstage during the Marvel Studios Panel in Hall H at SDCC in San Diego, California on July 27, 2024.
Persons: Bob Iger, Araya Doheny, Iger, , Auli'i Cravalho, Dwayne Johnson, Disney, Elio, Adrian Molina, Zoe Saldana, Jon Hamm, Bobby Moynihan, Mando, Grogu, Cassian Andor, Jude Law, jettison, Thanos, Kevin Feige, San Diego Comic Con, Robert Downey Jr, Doom, Jesse Grant Organizations: Walt Disney Company, Disney Entertainment, Getty, Honda Center, Disney, Disney's, Pixar, Walt Disney Studios, Lucasfilm, stormtroopers, ATs, Galactic, Star, Marvel, Marvel Studios, San Diego Comic Locations: Anaheim , California, Hollywood, SDCC, San Diego , California
I realized I needed to take pictures and document and little videos because nobody would believe it unless I did. I started a WhatsApp group where I shared reflections and stories almost like a diary or journal entry. The capacity of the hospital was supposed to be between 150 and 200 people, and there were 700 patients in that hospital. Today Deir al Balah, the area I’m in, was bombed, resulting in a massive mass casualty event at the hospital. A little girl lay on a cardboard box.
Persons: Shrapnel, Nabil, Mohammed, Deir al Balah, gurney, Farrah, he’s, Anas, Khan Younis, It’s, I’ve Locations: Deir, Khan
If approved, it would have been the first new treatment for PTSD in more than two decades. Lykos Therapeutics had asked the FDA to approve the drug as part of a treatment regimen, given alongside talk therapy. Lykos Therapeutics had asked the FDA to approve the drug as part of a treatment regimen, given alongside talk therapy. Lykos added that the agency expressed concerns similar to those raised during the advisory committee meeting in June. Davis Institute for Psychedelics and Neurotherapeutics, said he doesn’t think the FDA decision will hinder the development of psychedelics for mental health disorders, including PTSD.
Persons: , , Holly Fernandez Lynch, Lykos, Amy Emerson, Sarah Silbiger, David Olson, Olson, ” Olson, Brian Barnett, ” Barnett, Joe Biden, Biden, Robert Califf, ” Lynch, psychedelics, David Rind Organizations: Drug Administration, Therapeutics, FDA, Lykos Therapeutics, University of Pennsylvania, Davis Institute for Psychedelics, Cleveland Clinic, Clinical Locations: U.S, White Oak, Md, Ohio
He and most of the community believe it is their duty to protect it – and in turn, they believe the forest will protect them. In photos: The plants and animals of Naimina Enkiyio Prev NextShared landIn a shady clearing, a group of Maasai elders sit in a circle on the grass. Peter Achammer/Helicopter Charter EA Ltd.For centuries, local communities have protected the forest, but today they are facing new threats. As the culture modernizes, Maasai elders fear this will be forgotten. “We shall protect the forest so that we retain this fresh air for our communities and also everyone in the world,” he says.
Persons: CNN — Naimina, Ntirua, Obibi, , Nell Lewis, CNN Ntirua Koikai, Enkiyio, Mara, Rob O’Meara, Sarah, Kirk's dik, dik, Peter Achammer, Ole Koikai, Ntirua Koikai, Mbuvi Musingo, , O’Meara, “ We’re, Josephat Olokula, sparky, you’re, “ I’m, Ntasikoi Oloimoeja, Oloimoeja Organizations: CNN, Initiative, Hansen Global, Forest Guardians, Guardians, Government, Helicopter Charter EA, Kenya Forestry Research Institute, Locations: , Kenya, Nairobi, Mara, Narok
Through the Family Life Center, her Maui-based nonprofit organization, Cumming planned to build an 88-unit village of modular homes. Workers at the Family Life Center tiny home development, known as Ohana Hope Village, in January. Maude Cumming, CEO of the Family Life Center, in a tiny home at Ohana Hope Village in January. The first 10 families will soon move into a temporary housing project designed to shelter 1,200 people for up to five years. Keys and the plans for tiny homes at the Family Life Center development.
Persons: Maude Cumming, Cumming, ” Cumming, Sarah L, Voisin, JB Rutagarama, Josh Green's, ” Green, Keys, , , Green Organizations: Life Center, Workers, Washington, Getty, Homes, Hope, NBC, Rural Health Association, Gov, Life, NBC News, of Human Services, Airbnb, Human Services Department Locations: LAHAINA, Hawaii, Lahaina, Maui, Kahului, Hawaiʻi
The wildest week of 2024 has investors bracing for more volatility in the week ahead, with key insight on the consumer and inflation coming at a time when recession fears are top of mind. Inflation, labor data Next week's inflation data could get less attention than it has over the past year when the Fed's fight against pricing pressures put inflation reports on center stage. Recently, it's been the labor market getting the most attention. "The market's caring much more about about labor markets and growth, than they do inflation right now," Ladner said. Week ahead calendar All times ET Monday, Aug. 12 2 p.m. Treasury Budget (July) Tuesday, Aug. 13 8:30 a.m. Producer Price Index (July) Earnings: Home Depot Wednesday, Aug. 14 8:30 a.m. Consumer Price Index (July) 8:30 a.m.
Persons: Scott Ladner, it's, Ladner, , Strategas, Ryan Grabinski, RJ Assaly, Jeremy Siegel, Chen Zhao, Zhao, Price Organizations: Federal, Walmart, Home, Horizon Investments, Bank of Japan, Wharton, Fed, UBS, Investments, Treasury Budget, Price, Philadelphia Fed, Retail, Manufacturing, Materials, Tapestry, Deere, Co, Housing Locations: U.S, NAHB, Michigan
Opinion | Tim Walz Is Vibing
  + stars: | 2024-08-09 | by ( Michelle Cottle | Ross Douthat | ) www.nytimes.com   time to read: +39 min
michelle goldbergI mean, I’m a huge Walz fan, and I was worried. ross douthatSo, yeah, I mean, I’m having made the case that this pick makes sense in vibes terms. michelle goldbergYeah, I don’t think that he necessarily overperforms among conservative voters strictly defined. You don’t think that there’s a part of the country that just finds joy like a really refreshing change? I’m going there.
Persons: ross douthat I’ve, Bon Iver, Taylor Swift, I’ve, michelle cottle Oh, ross douthat, michelle goldberg, michelle cottle, Vance, I’m Michelle Cottle, Ross Douthat, Ross, Michelle Goldberg, Michelle, Harris, Kamala — Kamala — michelle goldberg Kamala, nomenon, Kamala, Chappell Roan, I’m, Frenchman, we’ll, Kamala Harris, Tim Walz, Josh Shapiro, it’s, Donald, JD Vance, Donald Trump, Biden, Walz, Sarah Longwell, Shapiro, Trump, ross douthat Let’s, It’s, that’s, John Fetterman, we’ve, Michelle Cottle, relatability, Jared Golden, Joe Manchin, Mary Peltola, , Bernie, you’ve, who’s, Josh Shapiro doesn’t, don’t, you’re, Shapiro wasn’t, JB Pritzker, The New York Times ”, here’s Shapiro, Netanyahu, Donald Trump’s, John Kerry, — ross douthat, , we’re, Bone, michelle goldberg Ross, George Floyd’s, there’s, George Floyd, That’s, It’s Trump, michelle cottle Ross, Joe Biden, Hillary Clinton, ross, hadn’t, “ Trump, MAGA, michelle cottle It’s, he’s, she’s, Tucker Carlson, — michelle cottle, ross douthat —, doesn’t, chameleons, He’s, McKay Coppins, it’s Kamala, Sarah Palin’s, John McCain, Mike Pence, Dick Cheney, George W, , michelle cottle “ Sunny, ” ross douthat, Rashida Jones, — ross, ” michelle goldberg, michelle cottle Juicy, “ Severance, michelle cottle Nice Organizations: “ New York, Minnesota, Twitter, Republican, Trump, Democratic, America, Democratic Party, Dartmouth, Biden, The New York Times, Bone Spurs, Vance, Republicans, Air Force, Atlantic, Democrat Locations: Tay, , Pennsylvania, Brooklyn , New York, Wisconsin, San Francisco, relatability, America, Maine, Alaska, California, Israel, Palestine, Minnesota, Italy, Minneapolis, Afghanistan, Ukraine, Trump, United States, Michelle, Kyoto, Japan
We follow Julian David, who is representing New Zealand in men's speed climbing at the Paris 2024 Olympic Games. He's gearing up for one of his last events before the Games, the IFSC World Cup in Chamonix, France. For the very first time, speed climbing will be judged as a stand-alone event at the 2024 Olympics, and the pair are the first from New Zealand to qualify. Sam Watson broke his own world record of 4.79 seconds at the 2024 Paris Olympics with a time of 4.74 seconds. At the time of publishing, this narrows their difference to 0.5 seconds.
Persons: Julian David, Rob Moore, Julian, Sarah Tetzlaff, Sam Watson Organizations: New Zealand, Paris, Games, Business Locations: New, Chamonix, France, New Zealand
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Average 30-year mortgage rates dropped 26 basis points to 6.47%, their lowest level since May 2023, according to Freddie Mac. If today's mortgage rates are lower than the rate you're currently paying, refinancing could be worth it. See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. Now that inflation has decelerated and a Fed cut is looking more likely, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: Freddie Mac, Sam Khater, Freddie Mac's, you'll, Fannie Mae Organizations: Zillow, Mortgage, Association, Sky Locations: Chevron
After years of starts and stops at the box office, Disney appears to have hit a groove in 2024. Its latest Pixar film, “Inside Out 2,” is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. And the box office hits aren’t expected to stop there. Disney has long been a box office champion, driving significant ticket sales domestically and globally. In the year before the pandemic, Disney had seven theatrical releases top $1 billion at the box office.
Persons: Disney, ” —, , Paul Dergarabedian, bemoaned, Shawn Robbins, We’re, Bob Iger, Covid lockdowns, Iger, Disney’s, Riley, ” Iger, Wednesday’s, , , America, we’re, Romulus ” “, King, Moana, Robbins, Organizations: Pixar, Disney, Comscore, Star, Marvel, Century Fox, Sony, Star Wars, Lucasfilm Locations: , Comscore, Anaheim , California
Advertisement"As much as we think that our country is obese or unhealthy, there's another whole side who are into their fitness," Taylor said. Taylor told me that strength training now makes up 90% of her routine. Gyms are quickly becoming Gen Z's favorite hangout spot — but there's just one problem with the fitness boom. Chains like Planet Fitness rely on members never showing up; the gyms aren't built for Gen Z. Planet Fitness, the most popular gym franchise in the US, has on average 6,500 members per gym.
Persons: Britt Taylor, Taylor, Gen, aren't, Les Mills, Gen Z, who's, Z's, they've, Kayla Itsines, Christian Guzman, Whitney Simmons, Simeon Panda, Casey Johnston, Johnston, Sarah Ryan, Ryan, Amrita Bhasin, Bhasin, Britt, it's, Jim Thomas, Gen Zers, It's, Renel Scarlett, didn't, Amelie Desai, I've, Desai, Scarlett, Bassem Mostafa Organizations: Boca, McKinsey, ABC, American College of Sports, Gen, YouTube, Weightlifting, Fitness Management, Health, CNN, Works Health Club, Health & Fitness Association, GlobeMonitor Market Research Agency Locations: Boca Raton , Florida, California, Portland , Maine, Maine, Portland, American
Where voters place their blame — and specifically whether it falls on Vice President Kamala Harris — could be one of the defining factors of the presidential election. Early polling suggests that Harris won't be able to entirely shed the blame that President Joe Biden has received for inflation. If Harris can avoid some of the blame Biden received for rising prices, it could improve her chances of winning over crucial swing state voters, Traugott said. However, Sarah Foster, a Bankrate analyst, thinks some voters could shift much of their frustrations about rising prices from Biden to Harris. To be sure, it's up for debate how much Biden, Harris, or even Trump are deserving of blame for the rising prices of the past few years.
Persons: , Kamala Harris —, Harris, Joe Biden, Donald Trump, Biden, she'd, Michael Traugott, Kamala Harris, Trump, Traugott, Evan Roth Smith, Blueprint's, Semafor, Elizabeth Pancotti, Sarah Foster, It's, Joseph Stiglitz, University of Michigan's Traugott Organizations: Service, Business, Trump, Democratic, University of Michigan, Republicans, Biden —, Roosevelt Institute, New York Times, Biden, FOX Business, University of Michigan's
Despite being disqualified from the gold medal match just hours after she made Olympic history, Vinesh Phogat is still being hailed by many online for her bravery and resilience. The wrestler from Team India, who on Tuesday became the first woman from her country to make the Olympic finals, will not be participating in the women’s wrestling 50kg gold-medal match due to being "a few grams" over the weight class, according to the Indian Olympic Association. The Indian Olympic Association didn’t elaborate on the matter and requested privacy for Phogat. In a January 2023 letter, the group accused Singh of sexual harassment against several young female wrestlers. Indian wrestler Vinesh Phogat is detained by the police while attempting to march to India's new parliament in New Delhi on May 28, 2023.
Persons: Phogat, USA’s Sarah Hildebrandt, Yui Susaki, Ukraine’s Oksana Livach, Cuba’s Yusneylis Guzman Lopez, Brij Bhushan Sharan Singh, Singh, Singh “, , Vinesh Phogat, Arun Thakur, ” Phogat, Brij Bhushan, India’s, Narendra Modi, Modi hasn’t Organizations: Team India, Indian Olympic Association, Wrestling Federation of India, Tokyo, Getty, , , Indian Express Locations: Wednesday’s, Japan, New Delhi, AFP, Phogat,
Read previewMeta is counting on Gen Z's love of a good deal to attract more young users to Facebook. Facebook Marketplace has "seen particular traction with young adults" and has been "one of the drivers of strength in young adults" for Meta, said CFO Susan Li during Meta's Q2 earnings call last month. Among social media users, Marketplace is the most popular social commerce platform, according to Capital One Shopping research. AdvertisementIn an average month, up to 1.228 billion online shoppers worldwide make a purchase from Facebook Marketplace, and 51.2% of all social media users made their latest social media purchase from it. Thanks in part to Marketplace, Zuckerberg is "particularly pleased with the progress that we're making with young adults on Facebook," he said in the earnings call last month.
Persons: , Z's, Mark Zuckerberg, it's, Gen, Zuck, Meta, that's, Susan Li, Max Willens, Willens, Karissa Franklin, Franklin, Zuckerberg Organizations: Service, Facebook, Business, Meta
Check out the companies making the biggest moves midday: Kenvue — The maker of Band-Aid bandages rallied 14% after beating analysts' estimates for its second quarter. Kenvue, which spun off from Johnson & Johnson last year, posted adjusted earnings of 32 cents per share, versus the 28 cents expected from analysts polled by FactSet. Palantir now anticipates revenue between $2.742 billion and $2.750 billion, up from its previous guidance of $2.68 billion to $2.69 billion. Caterpillar's adjusted earnings totaled $5.99 per share in the second quarter, beating the $5.55 per share estimate from analysts polled by FactSet. CrowdStrike — Shares rose 3% after Piper Sandler upgraded CrowdStrike to overweight from neutral, saying the dip in the cybersecurity stock following the global tech outage is a buying opportunity.
Persons: Johnson, FactSet, Taco Bell, ZoomInfo, LSEG, Lucid, BioMarin, CrowdStrike, Piper Sandler, , Sarah Min, Sean Conlon, Yun Li, Jesse Pound Organizations: Johnson, FactSet, Revenue, Caterpillar, Lumen Technologies, Molson Coors Beverage —, Technologies, LSEG, Taco, CSX —, CSX, BioMarin Pharmaceutical Locations: China, Shanghai
The S & P 500 is off by nearly 9%, and it could soon join the tech-heavy index. .VIX 1D mountain VIX On Wall Street, however, many investors expect the fears of a slowing economy are overdone, and that markets are overreacting. "We don't see an earnings recession, we don't see an economic recession," said Sam Stovall, chief investment strategist at CFRA Research. The strategist expects the S & P 500 could fall into a correction, somewhere between 10% and 15%. To be sure, investors who aren't expecting a recession say any weakness in the consumer should continue to be monitored.
Persons: It's, Stocks, Mark Malek, Siebert, Malek, nonfarm, John Butters, , Sam Stovall, Stovall, that's, aren't, Siebert's Malek, Jamie Meyers, he's, we've, it's, I've, Meyers, CFRA's Stovall Organizations: Nikkei, Nasdaq, Dow Jones, Treasury, Fed, Federal Reserve Bank, Atlanta's, Bank of America, CFRA, Nvidia Locations: Japan, U.S
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