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"If I was using rideshares and the delivery apps and everything the way I was, I would run out of money each month," she said. For some, like Manley, it means going back to the old-fashioned way of doing certain things: shopping around for hotel deals, taking public transit more, and working out at home with fitness classes on video. AdvertisementGrant Plotkin, 26, is a Gen Zer who experienced the pre-2020 millennial subsidy as a young adult. The next iteration of the millennial subsidy might be gamifying surge pricing for groceries or a side of fries. AdvertisementHas the loss of the millennial subsidy affected your finances or lifestyle?
Persons: Sarah Manley, Manley, She's, they'd, Millennials, YipitData, Grant Plotkin, Zer, he's, Plotkin, Ubers, Brett House, that's, Bilal Baydoun, Baydoun Organizations: Service, Business, Bloomberg, Netflix, Columbia Business School, Dollar, Aldi, Big Tech, American Locations: Baltimore, it's
Saying the Quiet Part Out Loud
  + stars: | 2024-08-03 | by ( Lauren Hirsch | Sarah Kessler | ) www.nytimes.com   time to read: +1 min
Wall Street Democrats have spent the last eight years complaining about their relationship with Washington. But now that Vice President Kamala Harris is the party’s presumptive presidential nominee, they see a chance to regain influence. “Waging war is not.” (He later clarified that he would support Harris regardless of whether she replaced Khan.) Few on Wall Street would disagree with that stance — Khan has moved to block deals with seemingly little concern over losing in court. But behind the scenes, many are irked by this kind of public lobbying, arguing that it exposes a misunderstanding of the way the Washington game is played, and that it could backfire.
Persons: Donald Trump’s, Biden, Kamala Harris, Elon Musk, Bill Ackman, Harris, Lina Khan, ” Barry Diller, Reid Hoffman, ” Hoffman, , Khan, — Khan Organizations: Democrats, Democratic Party, Trump, Federal Trade Commission, IAC, CNBC, LinkedIn, CNN Locations: Washington
It's called working a "hushed hybrid" schedule, and unlike other forms of sneakily evading a return to the office, you actually want — no, need — your boss to know about this one to make it work. Hushed hybrid refers to employees working from home more often than companywide policies would otherwise permit them to, thanks to the flexibility of their managers. AdvertisementWhile some workers could benefit from working "hushed hybrid," uneven enforcement of work policies could raise questions of favoritism. That could help eliminate the need for "hushed hybrid" working. Depending on how companies track attendance at the office, some managers may not be able to cover up for their employees' remote work.
Persons: , Shelley Majors, Hatim Rahman, Rahman, Majors Organizations: Service, Business, Boardwalk HR, Northwestern University's Kellogg School of Management
For most of the athletes at the Paris Olympics, the accommodations are to be endured, rather than enjoyed. In the name of sustainability, the beds at the Olympic Village feature cardboard frames and inflatable mattresses. To the horror of the French, the British have even complained about the food. They are spending the Games in a temperature-controlled, tastefully appointed housing complex set amid the ornate splendor of Versailles. Life, at the Olympics, should be good for the horses.
Persons: tastefully, Charlotte Dujardin Organizations: Paris Olympics, International Equestrian Federation Locations: Versailles
Chevron reported adjusted earnings $2.55 per share on revenue of $51.18 billion. DoorDash reported revenue of $2.63 billion, against a forecast from analysts polled by LSEG of $2.54 billion. Clorox now expects full-year adjusted earnings between $6.55 and $6.80 per share, while analysts surveyed by LSEG expected $6.45 per share. Coterra reported adjusted earnings of 37 cents per share, while analysts surveyed by FactSet were looking for 39 cents a share. Adjusted earnings in the fiscal first quarter topped analysts' estimates, while revenue came in line with forecasts.
Persons: LSEG, Clorox, FactSet, CNBC's Hakyung Kim, Sarah Min, Yun Li Organizations: Chevron — Stock, Chevron, Intel, Amazon, Apple, Wall, LSEG, Coterra Energy, Management Locations: Snapchat, LSEG
It’s called the Golden Garden Hospitality Experience, and it begins with door-to-door taxi service and a queue-free entrance. Go to any big sports event and you will find people having more rarefied experiences than you. The Summer Games in particular have long been known for the extravagant perks they dole out to dignitaries, corporate sponsors and other constituents of the Olympic-industrial complex. Such benefits used to be out of reach for most Olympics ticket holders. While third-party vendors have always offered luxury ticket packages, the deals came with some uncertainty because the sellers weren’t sanctioned by the Olympics.
Persons: It’s Organizations: Games, Paris Games Locations: Versailles, Champagne
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Wall Street Journal reporter Evan Gershkovich, former US Marine Paul Whelan, and Radio Free Europe/Radio Liberty journalist Alsu Kumasheva touched down at Joint Base Andrews on Thursday night. The trio were greeted by President Joe Biden and Vice President Kamala Harris after being freed from detention in Russia as part of a massive multi-country prisoner swap, the largest exchange in post-Soviet history. Former US Marine Paul Whelan was the first to disembark, where he was greeted by President Joe Biden and Vice President Kamala Harris. Evan Gershkovich hugging his mother Ella Milman after speaking to President Joe Biden and Vice President Kamala Harris.
Persons: , Evan Gershkovich, Paul Whelan, Alsu Kumasheva, Joint Base Andrews, Joe Biden, Kamala Harris, Whelan, Whelan's, David, Whelan wasn't, Britney Griner, Paul, Former US Marine Paul Whelan, Andrew Harnik, Gershkovich, Ella Milman, Kurmasheva, Pavel Butorin, Bibi, Miriam, Kevin Mohatt Organizations: Service, Street, Radio Free, Radio Liberty, Joint Base, Business, Marine, CBS, Former US Marine, Getty, Reuters, Brooke Army Medical Center Locations: Radio Free Europe, Russia, American, San Antonio , Texas
What to watch this weekend at the Paris Olympics
  + stars: | 2024-08-02 | by ( Kyle Feldscher | ) edition.cnn.com   time to read: +10 min
Paris CNN —The first week of the 2024 Summer Olympics is very nearly in the books and business is about to pick up. Richardson comes into Paris looking to prove she is the fastest woman in the world. Track and field heats upAn overview shows athletes competing in the women's 5000m heat of the athletics event at the Paris 2024 Olympic Games at Stade de France in Saint-Denis, north of Paris, on August 2, 2024. Antonin Thuillier/AFP/Getty ImagesThe star of the second week of the Summer Olympics, track and field competition takes the stage this weekend. Mixed 4x100m medley relay, featuring the American team of Regan Smith, Charlie Swanson, Dressel and Abbey Weitzeil.
Persons: Paris CNN —, Simone Biles, Biles, she’s, She’s, ‘ I’m Simone Biles, , Noah Lyles, Sha’carri Richardson, Richardson, Jamacia’s Kishane Thompson, Thompson’s countryman, Usain Bolt, Lyles, Sha'Carri Richardson, Australia's Bree Masters, Canada's Jacqueline Madogo, Denis, Jewel Samad, Xander Schauffele, Japan’s Hideki Matsuyama, Jon Rahm, Great, Tommy Fleetwood, Rory McIlroy, Scottie Scheffler, Schauffele, hasn’t, Sophia Smith, Pascal Guyot, Trinity Rodman, Rose Lavelle, Alyssa Naeher, LeBron James, , it’s Jose Alvarado, James, Pierre, Sameer Al Doumy, Antonin Thuillier, Katie Ledecky, Bradley Kanaris, Caeleb Dressel, Kate Douglass, Alex Walsh, Summer McIntosh, Paige Madden, Ariarne Titmus, Regan Smith, Charlie Swanson, Dressel, Gretchen Walsh, Sarah Sjoestroem, Bobby Finke Organizations: Paris CNN, Olympic Games, Tokyo Olympics, Stade de France, Games, Paris, Getty, Le National, PGA, British, Women’s National, Japan, women’s, Marseille, US, Serbia, Puerto Ricans, USA, Belgian, FIBA’s, Summer, Paris La Defense Locations: Paris, France, American, Spring , Texas, Lyles, Saint, AFP, Tokyo, Australia, USA, Marseille, New Zealand, Japan, Sudan, Puerto Rico, Puerto, South Sudan, Mauroy, Villeneuve, d'Ascq, Belgium, Germany, Barcelona, Nanterre, Swedish
Slowdown fearsGlobal markets are a blur of red on Friday as investors fret that the U.S. economy is heading for a slowdown. Lackluster tech earnings are weighing on sentiment (more on that below), but the bigger worry is a softening jobs market and a spending pullback by consumers that threatens to crimp corporate profit. That shines a spotlight on Friday’s jobs report, scheduled for release at 8:30 a.m. Eastern, and bolsters calls on the Fed to lower interest rates at its next meeting, in September. There’s even talk that the central bank could consider a jumbo half-percentage-point rate cut to pull off its hope for a soft landing in which inflation is cooled without tipping the economy into recession.
Persons: There’s Organizations: Fed Locations: U.S
The S & P 500 ended the week down by 2%. As of Friday, the Nasdaq Composite was more than 10% below its recent high, while the S & P 500 was down by 5.7%. Markets were last pricing in a 71% chance of a half percentage point rate cut in September, up from 22% on Thursday, according to the CME FedWatch Tool . Brands , Fidelity National Information Services , Uber Technologies , Marathon Petroleum , Caterpillar Wednesday Aug. 7 3 p.m. Consumer Credit (June) Earnings: Costco Wholesale , Warner Bros. Discovery , Occidental Petroleum , Ralph Lauren , CVS Health , Hilton Worldwide Holdings , Walt Disney Company Thursday Aug. 8 8:30 a.m.
Persons: Stocks, payrolls, Bill Hornbarger, Benjamin F, Edwards, Russell, Claudia Sahm, selloff, Michael Kantrowitz, Piper Sandler, Kantrowitz, Jan Hatzius, Goldman Sachs, Hatzius, CNBC's, Eli Lilly, Ralph Lauren, Martin Marietta Organizations: Nasdaq, Treasury, Investors, Federal Reserve, Walt Disney Company, Caterpillar, Costco, Micro Computer, PMI, PMI Services, Services PMI, Simon Property Group, Diamondback Energy, Tyson Foods, Devon Energy, Airbnb, Wynn Resorts, TransDigm, Brands, Fidelity National Information Services, Uber Technologies, Marathon Petroleum, Consumer Credit, Costco Wholesale, Warner Bros, Discovery, Occidental Petroleum, CVS Health, Hilton Worldwide Holdings, Gilead Sciences, Akamai Technologies, News Corp, Paramount Global, Expedia, Martin, Martin Marietta Materials Locations: Fortinet, Devon
Seven-year-old Halla Tómasdóttir was confused on her mother’s birthday in 1975. Her mother and aunts weren’t in the kitchen as usual, instead directing their husbands and brothers to do the work. That was because women were taking the day off to demonstrate their value to society amid Iceland’s first national women’s strike. More than four decades later, Ms. Tómasdóttir is the country’s new president, nurtured by the message she absorbed on that day. “They told me they wanted to show the world that they matter,” Ms. Tómasdóttir said this week.
Persons: Halla Tómasdóttir, weren’t, Tómasdóttir, , Ms, Björk, Guðni Jóhannesson
As the Fed lowers rates, mortgage rates are expected to go down. "Mortgage rates declined to their lowest level since early February," Sam Khater, Freddie Mac's chief economist, said in a press release. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage Rates Barely Tick Down (-0.05%)The average 15-year mortgage rate is 5.55%, five basis points lower than last week. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.
Persons: Freddie Mac, Jerome Powell, Sam Khater, Freddie Mac's, you'll, It's, refinance, they've Organizations: Reserve, Zillow, FHA Locations: Chevron
CNN —Justin Timberlake has pleaded not guilty to a charge of driving while intoxicated stemming from an arrest earlier this summer in New York. Timberlake, who attended the hearing in Sag Harbor, NY virtually, spoke twice to answer “yes” to Sag Harbor Village Justice Justice Carl Irace. At a hearing late July, Timberlake’d attorney disputed that the performer was intoxicated, arguing he should not have been arrested. Friday’s appearance was a rescheduled arraignment after Timberlake’s attorney argued in a previous hearing there were paperwork errors. There is another conference hearing in the case on Aug. 9, though Timberlake is not required to attend at that time.
Persons: Justin Timberlake, Timberlake, Carl Irace, Timberlake’s, Edward Burke, , Timberlake “, ” Timberlake, , ” Burke Organizations: CNN, Sag Harbor Village Justice, BMW, Sag Harbor Police Locations: New York, Sag Harbor, NY, Antwerp, Belgium
NANTERRE, France — Léon Marchand held up four fingers as the crowd roared one final time for its hero of the Paris Games, one for each of the Olympic gold medals he earned this week. The young Frenchman achieved what once seemed like an impossible dream: four Olympic gold medals in four individual Olympic events at his home Games. AdvertisementMarchand joined Michael Phelps and Mark Spitz as the only male swimmers to win four individual gold medals in the same Games. In Friday’s 200-meter individual medley final, Marchand touched the wall 1:54.06 to earn gold and complete his golden sweep, cementing a legacy in France. Then, the historic double-gold night of the 200-meter butterfly and the 200-meter breaststroke that was straight out of a Hollywood movie script.
Persons: France — Léon Marchand, Frenchman, Marchand, Michael Phelps, Mark Spitz, Great Britain’s Duncan Scott, China’s Shun Wang, King Léon, LEON MARCHAND Organizations: Paris Games, Games Locations: NANTERRE, France
Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Intel — Shares plunged 20% on the back of weaker-than-expected earnings and revenue for the second quarter. The company reported weaker-than-expected revenue for the second quarter and issued a disappointing forecast for the third quarter. The company posted second quarter adjusted earnings of 87 cents per share on revenue of $1.08 billion. In the second quarter, revenue came in at $1.45 billion, slightly above estimates of $1.40 billion, according to LSEG.
Persons: FactSet, Cloudflare, DoorDash, Clorox, LSEG, GoDaddy, Sarah Min, Samantha Subin, Lisa Han, Michelle Fox Organizations: Exxon Mobil, Intel —, Revenue, Apple —, Apple, Twilio, Booking Holdings, Coterra Energy, LSEG . Revenue, Management Locations: Guyana
Global Jets ETF , whose largest holdings are Southwest Airlines , United Airlines , American Airlines and Delta Air , is off 7.5% just since the end of June. GE Aerospace GE Aerospace is a pure play on the rise of global air travel, according to John Belton, portfolio manager at Gabelli Funds. Just about all 18 analysts polled by LSEG consider GE Aerospace a buy, with five rating it a strong buy. Central to the investment thesis for GE Aerospace is its market leadership. "The air travel industry is a growth industry," Galluccio said.
Persons: Richard Branson, John Belton, Belton, Nicholas Galluccio, Galluccio, Morningstar, that's, Tony Bancroft, Bancroft, there's, wanderlust Organizations: Virgin Group, U.S . Global Jets ETF, Southwest Airlines, United Airlines, American Airlines, Delta Air, Transportation, Boeing, Airbus, Gabelli, International Air Transport Association, AAR Corp, Teton Advisors, Westwood, Equity, GE Aerospace GE Aerospace, Gabelli Funds, New York Stock Exchange, General Electric, GE Aerospace, LSEG, GE, Airlines, Morningstar, Growth, Max, Federal Aviation Administration, Aerospace & Defense ETF, Heico Corporation, Triumph, TransDigm Locations: U.S, Eastern Europe
We've got you covered if you're looking for how to get tickets to Christina Aguilera's 2024 concert tour. Christina Aguilera 2024 tour scheduleEach of Christina Aguilera's scheduled tour dates in 2024 takes place at the Voltaire in Las Vegas. Date City StubHub prices Vivid Seats prices Time August 3, 2024 Las Vegas, Nevada $327 $326 9:45 p.m. August 17, 2024 Osaka, Japan N/A N/A 5:25 p.m. August 18, 2024 Tokyo, Japan N/A N/A 5:35 p.m. August 30, 2024 Las Vegas, Nevada $244 $246 9:45 p.m. August 31, 2024 Las Vegas, Nevada $164 $251 9:45 p.m. How to buy tickets for Christina Aguilera 2024 concert tourYou can buy standard original tickets for Christina Aguilera's 2024 concert tour on Ticketmaster or through Summer Sonic 2024's website. Christina Aguilera has two international tour dates scheduled for her 2024 concert tour.
Persons: Christina Aguilera, Voltaire, Aguilera, Aguilera's, We've, Christina Aguilera's, It's, Christina Aguiler's Organizations: Business, Las, Labor, Ticketmaster, Las Vegas, Vegas, Vivid Locations: Las Vegas, Vegas, Japan, Vegas , Nevada, Osaka, Tokyo
The New York Times reviewed dozens of expense reports and receipts from January 2022 through June 2023, as well as employment agreements, tax filings, audit reports and other financial documents to detail a pattern of lavish spending at the nonprofit organization GLAAD, one of the country’s leading L.G.B.T.Q. advocacy groups. Such perks, luxurious business travel and large pay packages might be commonplace at a for-profit company. But legal experts said they were inappropriate for a nonprofit organization with about 60 employees that, in exchange for being exempt from federal and state taxes, must ensure that executive pay is reasonable and aligned with the charity’s mission and the intent of donors. The spending, much of it by GLAADs chief executive Sarah Kate Ellis, may have violated the organization’s own policies as well as Internal Revenue Service rules, the Times reporting shows.
Persons: Sarah Kate Ellis Organizations: New York Times, GLAAD, Revenue Service
What Meta's earnings beat may signal for Apple and Amazon
  + stars: | 2024-08-01 | 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 EmailWhat Meta's earnings beat may signal for Apple and AmazonMelissa Otto, Head of TMT Research at Visible Alpha, and Sarah Kunst, Managing Director at Cleo Capital, discuss earnings from Meta, Apple, and Amazon.
Persons: Melissa Otto, Sarah Kunst, Capital Organizations: Apple, TMT Research, Meta
Please.” It’s unclear whether the deputies who responded the next day knew about her mental health concern. On July 5, Massey and her mother, Donna Massey, called 911 at different times, according to Sangamon County records. In a news conference, Massey’s family and their attorney Ben Crump said she had mental health challenges. You can go get it but that’s a headshot.”Officers trained to recognize mental health crisesLaw enforcement experts tell CNN officers are trained in recognizing whether they are dealing with someone who might be experiencing a mental health crisis. The officers could have asked more questions to determine Massey’s mental state and asked whether she’s receiving social services before using deadly force, experts said.
Persons: Sonya Massey, Sean Grayson, Jack Campbell, Massey, Donna Massey, , Ben Crump, ” Crump, ” Massey, Breonna Taylor, Atatiana Jefferson, Crump, Massey’s, , Sonya Massey –, she’s, Vincent Alban, everybody’s, , Grayson, Jesus, ” Grayson, I’m, he’s, Steven Snodgrass, Grayson “, Dave Campbell, ” Grayson’s, ” CNN’s Eric Levenson, Bill Kirkos, Raja Razek, Sarah Dewberry, Brad Parks Organizations: CNN, New Mount Pilgrim Missionary Baptist Church, Reuters, , John’s, Massey, Authorities, Illinois State Police, International Association of Chiefs, Police, Virden Police, Auburn Police Department, Sangamon County Sheriff’s Office Locations: Illinois, Springfield, Sangamon County, Springfield Monday, Chicago , Illinois, St, Macoupin, Logan
Apple reported fiscal third-quarter earnings of $1.40 per share while analysts polled by LSEG called for $1.35 per share. The company reported weaker-than-expected revenue for the second quarter and issued a disappointing forecast for the third quarter. Revenue in its cloud division increased 19% in the second quarter, beating analysts' estimates, however. In the second quarter, revenue came in at $1.45 billion, slightly above estimates of $1.40 billion, according to LSEG. Gross bookings for the second quarter came in at $41.4 billion, missing consensus estimates of $41.73 billion, per StreetAccount.
Persons: LSEG, DoorDash, Coinbase, Roku, Clorox, Coterra, GoDaddy, FactSet, Gross, , Sarah Min, Yun Li, Samantha Subin, Tanaya Macheel, Darla Mercado Organizations: Apple Vision, Apple, Intel, Revenue, Management, LSEG, StreetAccount, Coterra Energy, Holdings Locations: Shanghai, China, LSEG .
For the first time, wind and solar generated more of the European Union's electricity than fossil fuels during the first half of the year. Wind and solar accounted for an all-time high of 30% of the region's energy needs, according to an analysis by the think tank Ember . In a separate report , Ember forecasted a global LNG supply glut by 2026 and a substantial drop in EU gas demand by 2030. But the rush to increase LNG exports from places like the US ignores the reality of rapidly declining gas demand in Europe, she added. Ember's report said that while it's unclear how swiftly fossil-fuel use will drop across Europe, a pipeline of solar and wind projects suggests this tipping point could be permanent.
Persons: it's, Chris Rosslowe, Ember, Sarah Brown, Brown, Rosslowe Organizations: Service, Business, US Energy Information Administration Locations: Europe, Russia, Ukraine, Canada, Germany, Spain, France, Netherlands, Belgium, Australia, Qatar, Asia
“I think I always see potential in things,” she told Architectural Digest for the magazine’s September cover story. James is a visible figure in the fashion world. Reclaimed terracotta tiles make up James' outdoor kitchen. Less zen: the process of getting a 1,000-pound stone sink into her indoor kitchen. “Sometimes you have to just do what’s right for you right now.
Persons: Aurora James, Vellies, , , Farrow, Ball, James, Ayo Edebiri, Rosario Dawson, she’s, Frank Frances, Michelle Obama’s, Alexandria Ocasio, Cortez, Isamu Noguchi, Sarah Ellison, ” Frank Frances, Tyler Mitchell, Mickalene Thomas, Tschabalala Organizations: CNN, Nordstrom Locations: LA, Laurel Canyon, Brooklyn —, Black
Mortgage rates are often indirectly impacted by changes to the federal funds rate, and as the Fed starts lowering its benchmark rate, mortgage rates are expected to go down as well. This means that as long as inflation continues to ease, mortgage rates should drop further this year. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates fell to 6.07% last week, according to Freddie Mac data. Mortgage rates increased dramatically over the last two years, but they're expected to go down at some point this year.
Persons: Jerome Powell, Powell, you'll, Freddie Mac, it's Organizations: Zillow, Federal Reserve Locations: Chevron
The information for the following product(s) has been collected independently by Business Insider: Chase Freedom®, Chase Freedom Flex®, Chase Freedom Rise℠, Chase Freedom® Student credit card, Chase Slate®, Southwest Rapid Rewards® Premier Credit Card, United Club℠ Business Card, Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy Boundless® Credit Card. If you have a Chase credit card, you may now be eligible for free unlimited deliveries and up to $20 off each month through 2027. DoorDash and Chase are expanding their partnership, which includes complimentary DashPass for most Chase credit cardholders. Now, if you have one of the Chase Sapphire cards, you can enjoy unlimited free deliveries until it's time to elect the next-next president. Which Chase credit cards are eligible?
Persons: Chase Sapphire cardholders, cardholders, , DoorDash, Chase Organizations: Business, Slate, Rapid Rewards, Card, United Club, Marriott, Service, DashPass, Chase Sapphire, Chase, Sapphire, Chase Travel, Hotel, FDIC, Chase Slate, Rewards, Business Credit, United, Card United, Aer Lingus, Card British Airways, Hyatt Credit, Hyatt Business Locations: DoorDash
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