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Campaign spokespeople have previously said that pledge would apply only to schools with covid mandates. And skepticism about covid vaccines is blossoming into suspicion of vaccines generally among that group, he said. “It follows from this rebellion against the covid vaccine mandates.”Vaccine opposition has divided the GOP. “You suffered the consequences.”Onder “has never done covid vaccine research” and opposes covid vaccine mandates, his campaign manager, Charley Lovett, told KFF Health News. It also calls for enshrining a patient’s ability to opt out of vaccine mandates in the state’s Bill of Rights.
Persons: Donald Trump’s, what’s, Republicans don’t, ” Trump, Trump, Matt Motta, , Robert F, Kennedy Jr, Tucker Carlson, Kennedy, , Judith Winston, Obama, ” Winston, Tom Frieden, , Robert Blendon, Ron DeSantis, Bob Onder, ” Onder “, Charley Lovett, Lovett, Onder “, Onder, Wise, Bill Gates, ” Wise, Roger Severino, Severino, Lawrence Gostin, Dr, Sanjay Gupta, Kevin Roberts, JD Vance —, Roberts Organizations: Health, Republican, Trump, Republicans, KFF Health, Politico, Boston University, Texas GOP, Fox News, NIH, CDC, Department of Education, Centers for Disease Control, , World Health Organization, Republican Party, GOP, Florida Gov, Congress, AstraZeneca, Facebook, Texans, Vaccine, Rights, Department of Health, Human Services ’, Civil Rights, Heritage Foundation, Georgetown University, Get CNN, CNN Health, Heritage, KFF Locations: statehouses, Texas, New Jersey, Oregon, U.S, Wyoming, Missouri
AdvertisementUS financial firms' interest in China was on its last legs, but a new stimulus package has some investors excited again. The immediate impact of China's $114 billion package, which includes cutting interest rates and reducing the amount of money banks need to keep in reserve, has been big. Traders, investors, and speculators have sent China's stock market to its best month in nearly a decade , signaling that the market players think that Beijing's moves are a "bazooka." Our annual list of Wall Street rising stars is here. According to a new report from The Wall Street Journal, executives attempted to woo the AI researcher back before rescinding the offer.
Persons: , Andres Martinez Casares, Alyssa Powell, Linette Lopez isn't, Linette, Jon Hicks, that's, David Tepper, He's, Tepper, Pan Gongsheng, BI's Filip De Mott, Wall, Natalie Ammari, Crypto, Donald Trump, Kamala Harris, Marc Piasecki, Tyler Le, who's, OpenAI execs, Ilya Sutskever, it's, Tara Anand, aren't, Jerome Powell, Ryan Routh, El Chapo, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Traders, Bank of China, bros, Trump, Getty, Houston Chronicle, Hearst Newspapers, Elon, Wall Street Journal, Netflix, Longshoremen's Association, National Association for Business Locations: China, New York, London, Chicago
CNN —For the first time in Rwanda’s history, its health ministry is dealing with an outbreak of Marburg virus disease, a rare but deadly hemorrhagic disease similar to Ebola – but unlike Ebola, there is no treatment or vaccines for Marburg, and it has a fatality rate of 88%. In addition to sending medical supplies, the World Health Organization said over the weekend that it is deploying a team of seven global experts in hemorrhagic disease to Rwanda who can provide guidance for public health experts on the ground. The US Centers for Disease Control and Prevention said Monday that it is also sending experts to Rwanda to help support testing and contact-tracing efforts. There are no cases of Marburg in the United States, and the risk to Americans with this outbreak is low. Unlike in some other sub-Saharan African countries that have dealt with Marburg virus disease, Rwanda has a strong public health system, according to WHO.
Persons: , Matshidiso Moeti, Brian Chirombo, Dr, Sanjay Gupta Organizations: CNN, World Health Organization, US Centers for Disease Control, Prevention, CDC, WHO, , Rwanda’s Ministry of Health, CNN Health Locations: Marburg, Rwanda, United States, Africa
Brigitte Chahwan, a German-born woman, has decided to stay in Lebanon despite official advice to go. She told Business Insider she has lived in Lebanon for 30 years and considers it her home. AdvertisementThis as-told-to essay is based on interviews with Brigitte Chahwan, a German-born woman who has lived in Beirut for 30 years. AdvertisementLebanon is now my homeAlthough I was born in Germany, I've lived in Lebanon for nearly three decades. It's not an easy life, living in Lebanon, but you have to adapt it.
Persons: Brigitte Chahwan, , I've, you've, I'm, We've Organizations: Service, Getty Locations: Beirut, Lebanon, German, Germany, It's, Israel, Iran
Paul J. Richards/AFP/Getty Images Carter works at a construction site sponsored by the Jimmy Carter Work Project in Asan, South Korea, in 2001. Alex Wong/Getty Images Carter meets with Obama and other former presidents at the White House in January 2009. Richard Lewis/The Elders/Getty Images Carter was interviewed for "The Presidents' Gatekeepers" project at the Carter Center in Atlanta in September 2011. Chris McKay/Getty Images Carter talks about his cancer diagnosis during a news conference at the Carter Center in Atlanta in August 2015. The 1983 tweaks to Social Security included, for instance, the counting of some Social Security benefits as taxable income and a gradual increase of the retirement age from 65 to 67.
Persons: Jimmy Carter, Carter, John Quincy Adams, It’s, CNN’s Stephen Collinson, ” Carter, , George H.W, George H.W . Bush, Rosalynn, Lillian, Gloria, . Bradley, Jimmy, Horace Cort, , John Storey, Stan Wayman, Amy, Walter Mondale, Gerald Ford, Ford, Warren Burger, Rosalynn Carter, Billy, Simons, Barry Thumma, Harvey Georges, Helmut Schmidt, Schmidt, Anwar Sadat, Menachem Begin, Camp David, Carter's, Carter jogs, Karl Schumacher, Dirck Halstead, Leonid Brezhnev, Chuck McManis, Ronald Reagan, Reagan, Robert Burgess, Joe Holloway Jr, AP Carter, Bill Clinton, Al Gore, Paul J, Richards, Clinton, Chung Sung, Fidel Castro, Adalberto Roque, Arne Knudsen, Hugo Chavez's, Juan Barreto, Howard Dean, Erik S, Scott Olson, Marco Longari, Michael Williamson, Barack Obama's, Alex Wong, Obama, George W, Bush, J, Scott Applewhite, Mark Wilson, Ismail Haniya, Mahmud Hams, Jung Yeon, Nelson Mandela, Jeff Moore, Aijalon Mahli Gomes, Gomes, Darren McCollester, Sheikh Jarrah, Mary Robinson, Bernat, George, Kris Connor, Raul Castro, Javier Galeano, Richard Lewis, David Hume Kennerly, Michelle Obama, Martin Luther King Jr, Jewel Samad, Brian Kersey, Chris McKay, Phil Skinner, Donald Trump, Saul Loeb, Jim Chapin, Drew Angerer, Matt McClain, Dan Quinn, Scott Cunningham, Chip Somodevilla, Mark Humphrey, John Amis, Joe Biden, Jill Biden, Adam Schultz, John Bazemore, Michael S, Williamson, Jason Carter, Evelyn Hockstein, Jimmy Carter's, there’s, aren’t, – Carter, Ronald Reagan –, CNN’s Eva Rothenberg, ” Regan, dismissively, gaslighting, “ Governor Reagan, Reagan empaneled, Alan Greenspan, Donald Trump’s, Kamala Harris Organizations: CNN, Social Security, Medicare, Carter, , Habitat, Humanity, Bettmann, Jimmy, AP, US Naval Academy, Democratic, Atlanta, Hulton, Democratic National Convention, Walnut, Theater, Ford, Getty Images, Department of Energy, West, Airlift, Camp, AFP, Getty, Democratic National Committee, White House, Ronald Reagan Library, Andrews Air Force Base, United Nations, Trinity Church, Summit, America's, Getty Images Cuban, University of Havana, Venezuelan, Department of Defense, Washington Post, White, Foreign, Korea University, North, South, Boston's Logan International Airport, Irish, Pyongyang University of Foreign Studies, Carter Center, Lincoln Memorial, Sunday School, Maranatha Baptist Church, Hurricane Relief, College, College Station ,, Secret Service, Atlanta Falcons, NFL, Former, The New York Times, Pew Research Center, Congressional Research Service, Security Locations: Cuba, Guinea, Iraq, Winnipeg, Canada, George H.W ., United States, Elk City , Oklahoma, Plains , Georgia, Atlanta, Georgia, New York, Washington, Philadelphia, Georgia's St, Florida, Panama, Vietnam, Berlin, Maryland, Egypt, Israel, Pennsylvania, Vienna, Austria, Los Angeles, Arab, Wiesbaden, West Germany, Iran, Pakistan, Afghanistan, AFP, New, Asan , South Korea, Havana, Oslo, Norway, Caracas, Venezuela, American, Connecticut, Boston, Maputo, Mozambique, DC, Ghana, Gaza, Seoul, South Korea, North Korea, Johannesburg, Jerusalem, Sheikh, Pyongyang, Chicago, College Station, College Station , Texas, Nashville , Tennessee, Plains
Tourists visit an ancient city gate in Beijing, China ahead of National Day. The stock market may be in the midst of one of its most remarkable turnarounds, but economists say reversing China’s economic downturn will require much more work. “Stimulating the stock market doesn’t really do much for the real economy in China. Very few people invest in the stock market compared to other major markets,” said Logan Wright, director of China markets research at Rhodium Group. Property woesThe outlook for the real estate industry, which makes up about a quarter of the Chinese economy and 70% of household wealth, remains dim.
Persons: Japan’s “, Xi Jinping, Xi, Xu Tianchen, Hong, David Tepper, , Logan Wright, Wright, There’s, ” Wright, , hasn’t, Alfred Wu, Lee Organizations: Hong Kong CNN, Economist Intelligence Unit, Reuters, Shenzhen bourses, Securities Times, Tourists, Management, CNBC, Barclays, Communist Party, Lee Kuan Yew, of Public, National University of Singapore Locations: Hong Kong, China, People’s Republic, United States, Beijing, Shanghai, Shenzhen, Guangzhou, China’s, Xi’s
South Dakota is not participatingSouth Dakota Gov. The $68.6 million of federal money that had been set aside for South Dakota rebates will be redistributed among participating states. Fury also noted this isn't the first time South Dakota has rejected federal spending. Bipartisan legislation to create an energy rebate program had existed almost a decade earlier, like the Home Star Energy Retrofit Act in 2010. Ron DeSantis in 2023 had vetoed the state's authority to spend about $5 million of federal funds to administer the energy rebate program.
Persons: I'm, Kara Saul, Rinaldi, Kristi Noem, Scott Olson, Ian Fury, Fury, Saul, Ron DeSantis, Robert Gauthier Organizations: New York, U.S . Department of Energy, AnnDyl, D.C, DOE, of Columbia, Energy, South Dakota Gov, Republican National Convention, Getty, Green, Gov, Republican, South Dakota Bureau of Finance, Management, Home Star Energy, Republican Gov, state's Department of Agriculture, Consumer Services, CNBC, Florida Gov, Los Angeles Times, Department of Agriculture Locations: Arizona, Maine, New Mexico, Rhode Island, Wisconsin, Washington, California , Colorado , Connecticut, Delaware, Florida, Georgia, Hawaii , Illinois , Indiana , Michigan, Minnesota , New Jersey , New Hampshire , Massachusetts, North Carolina , Oregon , Tennessee , Vermont, West Virginia, Dakota, South Dakota, Rinaldi . Florida
Many cited soft skills, including having patience and the ability to speak with different people. And yet, those we consider pioneers and leaders in the tech, finance, and business industries almost always respond with soft skills. In October 2023, Business Insider's Tim Paradis reported that soft skills have become increasingly in demand in the years following the COVID-19 pandemic. AdvertisementIn short, it's young professionals who'll be setting the standard of success at work for years to come. Here's what they said — and how their answers reflect qualities business leaders also emphasize.
Persons: , Warren Buffett, Mark Zuckerberg, it's, Tim Cook, there's, Tim Paradis, Norman Bacal, Paradis, millennials, Glassdoor, Amanda Hoover, who'll, Gen Zers Organizations: Service, Labor Statistics Locations: NYC
Daniel Lubetzky says his days of choosing work over sleep are long gone, and he's more productive because of it. Lubetzky, the billionaire Kind Snacks founder and newest permanent investor judge on ABC's "Shark Tank," was once a major night owl — perhaps involuntarily, he says. "I have a little bit of an obsessive personality," Lubetzky, 56, tells CNBC Make It. "That's helped me get better quality sleep," Lubetzky says. "And the brain pain level is bad if I get less than six hours [of sleep per night]."
Persons: Daniel Lubetzky, Lubetzky, That's, It's, Elon Musk, Bill Gates, I've, Musk, Gates, nighters, Get Organizations: CNBC, Centers for Disease Control, National Institutes of Health Locations: United States
With some ground-based communications in tatters from the storm, Starling said the stations had resorted to using SpaceX’s satellite internet service Starlink to remain online. In the wake of the storm, WWNC and other local news outlets region produced indispensable service journalism as communities reeled from the disaster. During WWNC’s marathon live broadcast, listeners were urged to keep the faith and have patience, since the recovery effort will take weeks. Wilson told CNN, “We’ve had people calling all day long trying to locate other people.”Starling said the radio network’s live coverage began on Thursday as Helene approached Florida’s Gulf Coast. We’re all neighbors.”Starling laughed on air about looking forward to seeing his local Amazon delivery driver once again.
Persons: Paul, ” Paul, iHeart, Mark Starling, , Starling, Eddie Foxx, Ashley Wilson, Wilson, couldn’t, Helene, ” Foxx, Foxx, , “ We’ve, ” Starling, hadn’t, We’re, Mark, Apple Crisp, ” Wilson Organizations: CNN, Radio, iHeartMedia, Sunday, Asheville Citizen, Times, Public Radio, Apple Locations: North Carolina, tatters, Asheville, Charlotte, New Orleans, , Florida’s Gulf Coast, Georgia
Power released its annual 2024 North America Airport Satisfaction Study, ranking the mega airports across North America. Mega airports are defined as those with 33 million or more passengers per year. The study was fielded from August 2023 through July 2024 and airports were measured based on a 1,000-point scale of overall customer satisfaction. Managing Director of Travel, Hospitality, Retail and Customer Service, tells CNBC Make It this year's study found that airports are swamped with travelers and that most airports have regained their passenger volumes from before the covid-19 pandemic. "There seems to be no slack in demand and airports are, in general, doing a little bit of a better job of making people satisfied, mostly with food and beverage," he says.
Persons: Michael Taylor, Sr Organizations: Service, CNBC Locations: North America
Yi Ke Cao did her first internship at a hedge fund when she was 16. Joining a hedge fund as their youngest internUnexpectedly, an opportunity to intern at a hedge fund came to me when I was 16. That was when I chanced upon a two-week stint with a Singapore-based hedge fund, Modular Asset Management. Getting over my imposter syndromeCao spent two weeks interning at Modular Asset Management, a hedge fund based in Singapore. Interning at the fund as a 16-year-old was a pivotal moment in my career developmentLooking back, interning at the hedge fund was a pivotal moment in my life.
Persons: Yi Ke Cao, Cao, , Interning, interning Organizations: Service, Singapore's Nanyang Technological University, Asset Management, Modular Asset Management Locations: Singapore
Glenview Capital, a major CVS Health shareholder, is expected to meet with company leadership on Monday to lay out proposed fixes for the struggling business, according to people familiar with the matter, a potential precursor to an activist push. A CVS spokesperson said the company "maintains a regular dialogue with the investment community as part of our robust shareholder and analyst engagement program." Jeff Smith's Starboard Value also built a stake in the company in 2019, and engaged in discussion with the company's leadership as well. The company's insurance unit includes plans by Aetna for the Affordable Care Act, Medicare Advantage and Medicaid, along with dental and vision. In its second-quarter results in August, CVS announced a leadership shakeup based on the performance and outlook of its insurance unit.
Persons: Karen Lynch, Scott Ferguson, Jeff Smith's, Lynch, Brian Kane Organizations: Glenview, CVS Health, CVS, Teva Pharmaceuticals, Street Journal, Sachem, Capital Management, Aetna, American Medical Association, Affordable, Medicare Locations: Florida Keys, United States, Centene, Glenview
The table and chart below illustrate some characteristics of the biopharma stocks. The average price/earnings multiple for the group, using 2025 estimates, is 12.7 times versus 20.6 times for the S & P 500. A major knock on the biopharma group is the limited productivity from their extremely expensive research efforts, other than obesity drugs, over the past twenty-five years. The technology using AI might not be ready yet, particularly related to the complex biology of the human body. Complex programs exist already, such as AlphaFold, which predicts the structure of three-dimensional compounds using data on protein sequences.
Persons: Bristol Myers, Amgen, Eli Lilly, Lilly, Johnson Organizations: CNBC, Merck, Pfizer, Novo Nordisk, JPMorgan Locations: Bristol
Preliminary official results showed the Freedom Party finishing first with 29.2% of the vote and Chancellor Karl Nehammer’s Austrian People’s Party was second with 26.5%. Dutch far-right leader Geert Wilders, whose party dominates the Netherlands’ new government, congratulated the Freedom Party on social network X Sunday. Herbert Kickl, leader of the Freedom Party of Austria poses with supporters, in Vienna, Austria, Sunday, Sept. 29, 2024, after polls closed in the country's national election. The People’s Party is the far right’s only way into government, and now holds the key to forming any administration. But that looks very unlikely with the Freedom Party in first place.
Persons: Chancellor Karl Nehammer’s, Greens –, Herbert Kickl, , Kickl, ” Kickl, ” Nehammer, , Geert Wilders, Alice Weidel, Heinz, Peter Bader, Christian Strache, Andreas Babler, Nehammer, Storm Boris Organizations: Freedom Party, Sunday, Chancellor Karl Nehammer’s Austrian People’s Party, Social Democrats, Greens, Rivals, Party, Russia, Sky Shield, European Union, Germany, Freedom Party of Austria, People’s, People’s Party, Nazi Locations: Austria, Ukraine, , Germany, Brussels, Netherlands, Vienna, Russian, Europe
Instead, US officials now focus on testing the contents of Americans’ wastewater to keep tabs on the virus. To identify virus levels and larger trends, the US Centers for Disease Control and Prevention relies on a large network of sampling sites at wastewater treatment facilities across the country. Viral levels vary over time and by location. Samples are taken from sampling sites around the United States that meet criteria to sufficiently anonymize the data. Wastewater data also helps local public health agencies to track new Covid variants and other infectious diseases, such as RSV and mpox.
Organizations: CNN, US Centers for Disease Control, CDC Locations: United States
Immigrants expected to boost the economyThere are several reasons why immigrants largely benefit the economy and job market, economists said. Immigrants take jobs but they also create new ones by spending in local economies and by starting businesses, economists said. One 2020 research paper from the National Bureau of Economic Research found immigrants are 80% more likely to become entrepreneurs than native workers. To the extent there's job competition from new immigrants, it tends to fall mostly on prior immigrants rather than native U.S. workers, according to the National Academies paper. "Sudden surges of immigration obviously affect the ability of native workers to find and take jobs on a given afternoon," Clemens said.
Persons: Kamala Harris, Donald Trump, Carlos Moreno, NurPhoto, Donald Trump's, Pew, Alexander Arnon, Michael Clemens, Clemens, Cohen, Giovanni Peri, it's, Peri, Arnon, Penn Wharton, Tim Chapman, George Borjas, Borjas —, , Mariel boatlift, Borjas, Stephen Miller, Trump, Anna Kelly, David Card, Joe Sohm Organizations: Juventud, Getty, Republican, Trump, Pew Research Center, Pew, Penn Wharton Budget Model, Immigrants, National Bureau of Economic Research, Congressional, Office, Congress, George Mason University, Penn Wharton Budget, Immigration, El, Bloomberg, U.S, Global Migration, University of California, National Academies of Sciences, Engineering, National Academies, Florida Straits, Miami Herald, Harvard, Academies, Republican National Committee, America, Universal Locations: Tijuana , Mexico, Wilmington , North Carolina, U.S, El Chaparral, San Ysidro Port, Davis, Key West , Florida, Mariel, Florida, South Florida, Miami, USA, San Francisco
David Valdez, 35, moved to Detroit from San Francisco in 2018. Valdez moved to Detroit for better job opportunities and to be with his partner, Juna Durrant, who is from Michigan. In San Francisco, Valdez said he worked two jobs and lived with roommates just to get by. At the time, Valdez worked at various cafés in Detroit, including Astro, a coffee shop in the historic Corktown neighborhood. "If I stayed in San Francisco, I wouldn't even begin to try to open a coffee shop," Valdez said.
Persons: David Valdez, he's, Valdez, , I've, Juna Durrant, Durrant, Detroit Valdez, San, California Valdez, refinanced Organizations: Service, Census Bureau, Starbucks, Astro, Business, David Locations: Detroit, San Francisco, Michigan, California, Mexico City, Alba, Mexican, David Valdez, ProsperUs, Corktown
Tim Walz of Minnesota are set to meet for the only scheduled vice-presidential debate on Tuesday, a face-off that could mark the final major moment of the campaign. Harris' national polling has ticked up since what was viewed as her convincing debate victory. This will be the first time either Brennan or O'Donnell have moderated a vice-presidential debate. Born into poverty, Vance attended the flagship school in his home state, Ohio State University, before obtaining a law degree from Yale. Walz has led a progressive rewrite of the state tax code over the objection of business interests in the state.
Persons: Ohio Sen, JD Vance, Tim Walz, Vance, Walz, , Sen, Kamala Harris, Donald Trump, Harris, he'll, Peter Loge, it's, Joe Biden, Trump, Nate Silver, Margaret Brennan, Norah O'Donnell, Brennan, O'Donnell, Scott Olson, Bradley Tusk, Tusk, whittle, Mike DeWine, Jeff Swensen, deindustrialization, he's, Lina Khan's Organizations: Minnesota Gov, Service, Ohio, Gov, Trump, School of Media, Public Affairs, George Washington University, Ohio Republican, Democratic, CBS Broadcast Center, CBS, Paramount, CBS Evening, Democratic Party, Minnesota National Guard, Army National Guard, Ohio State University, Yale, Federal Trade Commission, Big Tech, Foundation, Social Security, Tax Foundation Locations: Ohio, Minnesota, Vance, New York City, Springfield , Ohio, Iraq
The FPÖ is known as the grandfather of European far-right parties and pedals an anti-migrant, anti-Islam, Eurosceptic and anti-vaxx agenda. It has held power at a federal level three times, in coalition with other groupings, making it one of just a few far-right parties in Europe to have done so. AFP/Getty ImagesIts political stance changed again when Jörg Haider – the son of former Nazi party members – became leader of the party in 1986. FPÖ leader Herbert Kickl speaks to supporters ahead of European parliamentary elections on June 7. According to Reinhard, the FPÖ is more likely to form a government if it comes second than if it comes first.
Persons: , ” Benjamin Biard, FPÖ, ” Biard, , , Biard, Heinz, Christian Strache, Jörg Haider –, Haider, , Herbert Kickl, Taylor, “ remigration, Christian Bruna, Viktor Orban –, Vladimir Putin’s, Kickl, ” Heinisch Reinhardt, Reinhardt, Karl Nehammer, Thomas Kronsteiner, Reinhard, ” Reinhard Organizations: CNN, Party, Italian Lega, Dutch Party for Freedom, , Getty, Nazi, Austrian People’s Party, EU, Hungary’s Fidesz, Greens, University of Salzburg, Social Democrats Locations: Austria, Europe, Brussels, Flemish, Italian, Germany, Nazi, Austrian, Salzburg, AFP, Ukraine, Vienna, Lower Austria, Russia, loggerheads, ÖVP
Shifting to live selling changed everything. She shadowed a friend who was also starting to do live Whatnot shows. After just one month on Whatnot, Zapata says she did enough in sales to quit her insurance job in September 2022. Her advice to any online or brick-and-mortar store owner is to develop the skill of live selling. They're doing intros, they're interacting, they're really getting creative with the things that they're giving to their community.
Persons: Val Zapata, Zapata, , We've, We're, they're, They're, She's, Holly, Kobe Bryant Organizations: Service, Facebook, Business, YouTube, Twitter, eBay, Zapata's, BI, Kobe Locations: Houston, Nevada
Costco is the latest warehouse club to tout its growing popularity with millennial and Gen Z shoppers. Sam's Club has reported similar trends as younger shoppers look to stretch their budgets. AdvertisementOne of the hottest clubs for millennials and Gen Z continues to be the wholesale club. AdvertisementThe news echoes results from Sam's Club, the Walmart-owned club store, where Gen Z membership has grown by 68% in the past two years. Related stories"That generation believes it's cool to save money, and we agree with them," Sam's Club CEO Chris Nicholas told CNBC in June.
Persons: , Gen Z, Gary Millerchip, Millerchip, GoBankingRates, Dominic Wright, Placer.ai, That's, Hottovy, Chris Nicholas, Nicholas, Corey Tarlowe, Jordan, Ford Pinto, TJ, Tarlowe, you'll, Mercedes, Costco's Kirkland, Club's, Mark Organizations: Costco, Sam's, Service, millennials, Analytical Research, Business, Sam's Club, Walmart, CNBC, Jefferies, Price Club, TJ Maxx
Spitznagel thinks they should focus instead on lagging drivers that could spur a sharp stock downturn. Advertisement"Black Swan" investor Mark Spitznagel thinks that the stock market's streak of record highs is distracting from a more jarring reality that could come by year-end. In a recent interview with Bloomberg TV, he said investors are currently enjoying a market that's in a "Goldilocks zone." "When the yield curve disinverts and then unverts, the clock starts ticking and that's when you enter black swan territory," Spitznagel told Bloomberg. He has warned of a stock market crash since January 2023, and back in July, he said the market's yearslong rally has become the "greatest bubble in human history," and its bursting would make for a recession.
Persons: Stocks, they've, Mark Spitznagel, Spitznagel, , That's, capitalizes Organizations: Service, Bloomberg TV, Bloomberg, Universa Investments
According to a UBS survey of investors with at least $1 million of investible assets, 57% plan to vote for Harris and 43% plan to vote for Trump. Harris wins 91% of Democratic millionaires surveyed, 12% of Republicans and 60% of independents. Trump wins 88% of Republican millionaires, 9% of Democrats and 40% of independents. While they support Harris more broadly, the investors who were surveyed give Trump slightly higher marks on the economy and taxes. If Trump wins, they said defense and energy stocks look attractive, but if Harris wins, they said health care, sustainable investing and tech stocks look best, according to the survey.
Persons: Kamala Harris, Philip Chosky, Donald Trump, Harris, Trump . Harris, Trump Organizations: Democratic, Philip, Philip Chosky Theatre, UBS, Trump ., Trump, Social Security, Millionaire Locations: Pittsburgh , Pennsylvania
CNN —People in the United States can now order more free Covid-19 tests from the federal government as the country heads into respiratory virus season with high levels of the coronavirus already circulating. “Reopening this popular program is the latest step by the Biden-Harris Administration to ensure that over-the-counter COVID-19 tests are available to all who want them this fall and winter,” HHS Assistant Secretary for Preparedness and Response Dawn O’Connell said in a statement. More information about ordering these tests is available at ACL.gov/AccessibleTests. The CDC also recommends that everyone age 6 months or older receive an updated Covid-19 vaccine this season to stay up to date. The updated Covid-19 vaccines are available now at pharmacies across the US and can be received at the same time as the annual flu vaccine.
Persons: Harris, Dawn O’Connell, , Dr, Sanjay Gupta, Mandy Cohen, CNN’s Brenda Goodman Organizations: CNN, People, US Postal Service, US Department of Health, Human Services, Biden, Harris Administration, Preparedness, Administration, Strategic Preparedness, US Centers for Disease Control, US Food and Drug Administration, CNN Health, CDC, Moderna, Pfizer Locations: United States, COVIDTests.gov, COVID, Covid
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