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☆ Japan's stock markets keep testing new highs. Is the rally sustainable?
▼ + stars: | 2024-07-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

This week, the Nikkei and the broad-based Topix surpassed previous records to hit fresh all-time closing highs on Thursday. Earnings are the single driver to the current market rally, Jesper Koll, expert director at Tokyo-based financial services company Monex Group, told CNBC. watch nowJapan's largest union, commonly referred to as Rengo, announced that Japanese companies have delivered the largest wage hikes in 33 this year. Koll told CNBC this week: "I stand by my forecast — the Nikkei 225 is poised to climb to 55,000 before the end of next year." A note by Nomura, published Thursday, said the gains on the Nikkei and Topix do not look appear sustainable.

Persons: Richard A, Brooks, Jesper Koll, Koll, —, Rengo, Nomura Organizations: Tokyo Stock Exchange, Afp, Getty, Nikkei, Monex, CNBC, Japan's Locations: Nihonbashi, Tokyo, Japan

☆ Spain 2 Germany 1: Mikel Merino’s late, late winner dumps out Euro 2024 hosts
▼ + stars: | 2024-07-05 | by ( Dermot Corrigan | ) www.nytimes.com time to read: +18 min

Spain thought they had beaten Germany after Dani Olmo’s 51st-minute finish to a fine team move. Having beaten the hosts in dramatic fashion, some will now consider Spain the favourites to win Euro 2024. Spain had never previously beaten a host nation in a knockout tie at either a World Cup or European Championship. What Germany had to remember was that De la Fuente’s Spain are far more versatile in the way they play. His final game in professional football was mixed.

Persons: Dani Olmo’s, Julian Nagelsmann’s, Florian Wirtz, Manuel Neuer, Mikel Merino, Dermot Corrigan, James McNicholas, Mark Carey, Sebastian Stafford, Bloor, They’d, Merino, tonight’s, Maximilian Mittelstadt, Toni Kroos, Carl Recine, Tom, Marc Cucurella, Kroos, Pedri, Lamine Yamal, …, Martin Rickett, Yamal Pedri, Luis de la Fuente, Anthony Taylor’s, Taylor, Antonio Rudiger, Robin Le Normand, Germany’s Emre, Rodri, Jamal Musiala, Le Normand, Dani Carvajal, Carvajal, Rudiger, Robert Andrich, Alvaro Morata, Unai Simon, Ilkay, Fabian Ruiz, Simon, Nico Williams —, Aymeric Laporte, Jonathan Tah, —, Olmo, Dani Olmo 🇪🇸 h, Bo, ove, Ger, abi l, hal f, sid, bac, dou, tod, tim e, Rea, bui, hal, ed pre, bea Organizations: European, Croatia, Georgia, Olmo, France, Barcelona, UEFA, Manchester City, la, Germany, Sunday, pla, DFB, cri, usu, Spa Locations: Spain, Germany, Stuttgart, tonight’s Portugal, Berlin, Bloor, Real Madrid, Yamal, It’s, Spain’s, goa, abo, Wil

☆ Fierce pressure mounts on Biden ahead of critical television interview Friday
▼ + stars: | 2024-07-05 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

The latest effort by the White House to quell the controversy is already disintegrating. His reasoning frustrated several governors who’d come to the White House to seek reassurance about Biden’s condition, sources said. “I’m not going anywhere,” Biden told military families gathered to watch July Fourth fireworks at the White House. And on Thursday, the presumptive GOP nominee offered to debate Biden one-on-one with without moderators. The increasingly unpromising state of the Biden campaign has many Democrats worried — one reason the ABC News interview and a scheduled press conference at the NATO summit in Washington next week will be so crucial.

Persons: Joe Biden, who’d, Biden, “ I’m, ” Biden, Karine Jean, Pierre, hadn’t, George Stephanopoulos, “, Earl Ingram, ”, —, he’s, Debbie Dingell, Trump, “ He’s, Gavin Newsom, “ That’s, ” Newsom, Kamala Harris, he’s “, Kevin Munoz, George W, Bush, Barack Obama, Crooked Joe Biden, ” Trump, we’ve, Jared Huffman, Biden’s, ” Huffman, Spelling, Huffman Organizations: CNN, ABC, Democratic Party, White, New York Times, Democratic, White House Press, Trump, Independence, Democratic National Convention, Senate, California Gov, curtailments, Republicans, NATO, California Democratic, “ CNN News Central Locations: Atlanta, Michigan, California, Washington

☆ Opinion: What Britain’s first Asian prime minister, Rishi Sunak, meant to my family
▼ + stars: | 2024-07-05 | by ( Opinion Sunder Katwala | ) edition.cnn.com time to read: +7 min

He has a place in history books as the first British Asian prime minister — but now also as the prime minister to suffer one of the heaviest election defeats in Britain’s modern political history. “I would like to see him carry on as prime minister — but the country also needs a change of government,” Dad said. He became prime minister just seven years after becoming an MP — shorter than any other recent occupant of Downing Street. Again, on becoming prime minister, Sunak personally had a much better public reputation than his Conservative Party. Diversity at the topSunak as a Hindu was the first ever British prime minister to practice a non-Christian faith.

Persons: Sunder Katwala, Read, Rishi Sunak’s, Sunder, Sunak, Boris Johnson, Liz Truss’s, Dad, ” Dad, “, Liz Truss, Rishi Sunak, Theresa May, Richard Pohle, dented Organizations: British, CNN, Conservative Party, Sunak, Britain, Brexit, National Service of, Reuters, Commonwealth, Reform, Downing, Twitter, Wales Locations: Downing, Britain, India, Covid, London, France, British, Scotland

☆ Israel’s Prime Minister Benjamin Netanyahu authorizes negotiators to enter detailed talks for ceasefire deal with Hamas
▼ + stars: | 2024-07-04 | by ( Jeremy Diamond | Abeer Salman | ) edition.cnn.com time to read: +2 min

CNN —Israeli Prime Minister Benjamin Netanyahu has authorized his negotiators to enter into detailed negotiations to try and broker a ceasefire and hostage release deal with Hamas, an Israeli official and a source familiar with the negotiations said. The decision signals that Israel and Hamas are entering a new phase of negotiations that could produce a final deal within a matter of weeks, if successful. Israel and Hamas on Thursday both appeared inclined to underplay the latest developments in written statements, with people involved in the talks expressing cautious optimism. Mossad Director David Barnea, who has led Israel’s negotiating team, is set to lead the negotiating delegation for the new round of detailed talks, an Israeli source familiar with the talks said. Basem Naim, a member of Hamas’ political bureau, told CNN, “there is nothing official about an effective agreement for ceasefire.

Persons: Benjamin Netanyahu, David Barnea, Israel’s, Basem Naim, ” Naim, ” Netanyahu, Joe Biden Organizations: CNN, Israeli, Hamas, United Locations: Israel, United States, Egypt, Cairo

☆ Trump, Republicans really want Biden to remain the Democratic nominee
▼ + stars: | 2024-07-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Read previewFor most of President Joe Biden's White House tenure, Republicans have floated theories about the president's health and cast doubt on the veteran Democrat's leadership. Biden sought to use the debate to gain some momentum in a race that for weeks showed him tied with Trump in national polls. In the weeks leading up the Democratic National Convention in Chicago, this is not where the Biden campaign thought it'd be. But the former president is not in the clear in the eyes of the public, despite this week's Supreme Court ruling. Should Biden step aside, a more popular Democrat — backed by a party itching to defeat Trump again — could easily dispatch the former president in November.

Persons: —, Joe Biden's, Donald Trump —, Biden, Trump, Biden's, Roe, Wade, they've, it'd, Mike Howell, Kamala Harris — who'd Organizations: Service, Republicans, Business, Trump, USA, Suffolk University, The New York Times, Siena College, Capitol, Democratic National Convention, Democratic, The Washington Post, Republicans pummeled Democrats, Biden, Daily Locations: Washington, Chicago

☆ Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.
▼ + stars: | 2024-07-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +8 min

Read previewUniversal basic income has made giant strides from its origins as a utopian vision toward becoming economic reality. Basic income trials have been conducted in countries as varied as Kenya, Finland, India, and Canada. Proponents of UBI say it reduces poverty, strengthens the social safety net, promotes health and happiness, and combats the stigma around welfare. Basic income recipients in a Finnish trial reported higher life satisfaction, improved health, and lower levels of depression and loneliness. An open questionUniversal basic income remains a largely theoretical idea that could have significant — and unpredictable — impacts on wealth inequality, human welfare, labor markets, and entire economies.

Persons: —, Tesla's Elon Musk, Robert Reich, Juan Luis Vives, they'd, Thomas Paine, Martin Luther King Jr, Milton Friedman, Sen, Bernie Sanders of, technocrat Andrew Yang, Sam Altman, Bernie Sanders, Kevin Dietsch, Dave Ramsey, Karl Marx playbook, that's, Jack Kellam, MrBeast, Jeff Cheatham, Douglas MacKay, Chapel Hill, Karl Widerquist, Kellam, stigmas Organizations: Service, Labor, Business, Autonomy, UNC, Chapel, Georgetown University, Qatar Locations: Kenya, Finland, India, Canada, Spanish, Bernie Sanders of Vermont, Uganda

☆ A single mom who made $55,000 last year working 3 jobs says she's struggling to pay the bills but doesn't qualify for SNAP or affordable health insurance
▼ + stars: | 2024-07-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

But with her earnings, she's above the maximum pre-tax annual income threshold of $34,341 to qualify for MassHealth. What's more, she said she's "dangerously close" to losing this rental assistance because her income is too high — the eligibility criteria vary by city in Massachusetts. AdvertisementALICEs are Americans who are struggling to pay the bills but may make too much money to qualify for government benefits like SNAP, rental assistance, or Medicaid. She's applied for several affordable housing programs, but she said most of them have waitlists that are five to 10 years long. Though the housing assistance she still receives is helpful, she said she still doesn't have enough money to afford a bed.

Persons: —, Sarah, — there's, she's, MassHealth, ALICE, who've, There's, She's Organizations: Service, Business, Supplemental, Assistance, Women, Children, United, SNAP Locations: Massachusetts

☆ Online-gambling giants conquer U.S. with tactics deemed too tough for Britain
▼ + stars: | 2024-07-03 | by ( ) www.cnbc.com time to read: +22 min

NYSEIn 2018, British regulators sanctioned the UK arm of online gambling giant Flutter after it failed to catch an astonishing anomaly. The United States is Flutter's largest and fastest-growing market in terms of revenue. Both online sports betting and online casinos have been legal and regulated far longer in Britain than in the United States. But in the United States, Flutter doesn't place such limits on the age group. Around a decade ago, British politicians became concerned about a rise in gambling-linked fraud and suicides involving online VIP customers.

Persons: Peter Jackson, America —, Amit Patel, Patel, Alex King, King, FanDuel, Chris Ratcliffe, haven't, hasn't, Jackson, weren't incentivized, Flutter's FanDuel, Entain, Rob Wood, BetMGM, Paul Tonko, Tonko, Entain's Wood, —, Joe K, Joe, Pavlo Gonchar, Rob Gronkowski, Jamie Foxx, Foxx, Gronkowski, Goldman Sachs, who'd, Betfair, Entain's, Felicia Grondin, Silquia Patel, Eduardo Munoz, Flutter's, Chris Jones, Josh Giaramita Organizations: MGM, New York Stock Exchange, NYSE, Flutter's U.S, Jacksonville Jaguars, Reuters, Fanduel Inc, Bloomberg, Getty, The New York Stock Exchange, NYSE BetMGM, MGM Resorts International, MGM Resorts, New York Democrat, U.S, Lightrocket, Supreme, American Gaming Association, New York, Gaming Commission Locations: America, Edinburgh, Britain, United States, Dublin, U.S, British, BetMGM, New Jersey, States, United Kingdom, Ireland, New York, East Rutherford , New Jersey, FanDuel

☆ What are the best galleries in London? Artists choose their favorites
▼ + stars: | 2024-07-03 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +6 min

Royal Academy of Arts, London / David ParryLondon has long been home to some of the world's leading art galleries — Tate Modern, Somerset House and the National Gallery are among the U.K.'s most visited attractions. CNBC asked a mix of artists to name their favorite public and commercial galleries to visit in London — large or small. Contemporary galleries — and an upscale hotelMultidisciplinary artist Lauren Baker, who is exhibiting at the Venice Biennale until November, named contemporary galleries — and a hotel — as her favorite places to see art in London. Her top London galleries include the Royal Academy of Arts, for its "wonderful" exhibitions, she told CNBC by email. Rob Stothard | Getty ImagesEdwards also likes major London galleries Tate Modern and Tate Britain.

Persons: David Parry London, Lauren Baker, Alice, It's, Rachael Louise Bailey, Matthew Harris, Baker, Woolff, Apolline Bokkerink, Joanne Tinker, Jeff Greenberg, Matthew Flower, Amanda Wilkinson —, Maureen Paley, Gillian Wearing, Wolfgang Tillmans, Ratnam, Katharine Edwards, Mark Rothko's, Rothko, Rob Stothard, Edwards, Mark Rothko, Komal Madar, Kandinsky, Munter, Komal, Madar, Judy Chicago's, Modigliani, Gilbert Proesch, George Passmore, Gilbert, Joe Maher, Tom Oldham, Dave Grohl, Usain Bolt, Gilbert Prousch, Oldham, Queen Elizabeth II, Andy Warhol, Phillips, Dan Kitwood Organizations: Royal Academy of Arts, Royal Academy of Arts ,, Somerset House, CNBC, Venice Biennale, Alice Black Gallery, Universal, Getty, Turner, Tate Galleries, Cricket Fine, London's Tate, Tate, Tate Britain, Seagram, Gilbert & George Centre, Oldham, George Centre, . Locations: London, Royal Academy of Arts , London, Venice, London's Soho, Fitzrovia, Mayfair, Andalusia, Spain, London's Chelsea, New York, Serpentine, Hyde, London's Bermondsey, Islington, Soho, England

☆ I traveled to Scottsdale and saw why it's the best place in the US to retire
▼ + stars: | 2024-07-03 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

Scottsdale, Arizona, is the best place in the US to retire, according to a recent Niche ranking. Niche's ranking considers weather, health, wellness, and outdoor activities. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Boomers across the US are in their retirement era, and many of them are moving to Scottsdale, Arizona, recently ranked as the best place in America to retire by Niche. The website's ranking considers factors like weather, health and wellness, and outdoor activities.

Persons: — Organizations: Service, Boomers, Niche Locations: Scottsdale , Arizona, America

☆ I gave up my dream life in Japan to move to the Netherlands — now, I couldn't be happier
▼ + stars: | 2024-07-02 | by ( Brie Schmidt | ) www.businessinsider.com time to read: +5 min

Read previewOne day in January 2022, it hit me: I had outgrown my life in Japan. My first few years in Japan were exciting and dreamy, what many would expect when they imagine living in Japan. I visited stunning shrines and temples, sipped oolong-hai cocktails with friends in izakayas, spent hours exploring the streets of Shibuya — back then, Japan felt like my playground. Of course, I'm still new to the Netherlands, and I know my feelings may change with time — as they did in Japan. For now, I've decided that living in the Netherlands is what my dream life looks like.

Persons: —, sipped, Marco Bottigelli, I'd, I've, I'm Organizations: Service, Business, Sun Locations: Japan, American, Tokyo, izakayas, Shibuya, —, Europe, Netherlands, Amsterdam, Friendship, The Netherlands

☆ US job openings unexpectedly grew in May, reflecting a still resilient labor market
▼ + stars: | 2024-07-02 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

CNN —The number of available jobs in the US unexpectedly grew in May, signaling continued resilience in the nation’s labor market. Job openings jumped higher to 8.14 million in May, from a downwardly revised 7.91 million in April, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report released Tuesday. While both hires and job openings rates (as a percentage of total employment) ticked higher for May, the quits rate and layoffs rate were unchanged. The labor market appears to be at a crossroads, Nick Bunker, Indeed Hiring Lab’s head of economic research, wrote in commentary posted Tuesday. But some Fed officials have noted that the job market has lost momentum recently and that it’s highly unclear whether it will continue to hold steady or weaken further.

Persons: Economists, “, ” Robert Frick, switchers, David Tinsley, Nick Bunker, ” Bunker, ”, you’ve, Austan Goolsbee, ” Marisa DiNatale Organizations: CNN, Bureau of Labor Statistics ’, Labor, Navy Federal Credit Union, Industries, Bank of America, Bank of America Institute, “, Federal Reserve, Chicago Fed, Bloomberg, European Central Bank, Moody’s, Labor Statistics Locations: Sintra , Portugal

☆ GM reports best U.S. quarterly sales since 2020
▼ + stars: | 2024-07-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

The Detroit automaker on Tuesday reported sales of 696,086 for the second quarter, up 0.6% from a year earlier and its highest quarterly units sold since the fourth quarter of 2020. Still, EVs made up only 3.2% of its total second-quarter sales. Sales of GM's full-size pickup trucks were roughly 229,000 during the second quarter, up about 6% from a year earlier and the best quarterly sales since 2021. GM's second-quarter sales are expected to slightly outpace the overall industry. Kia, which reports sales on a monthly basis, reported a 6.5% decrease in its June sales.

Persons: EVs, Edmunds, CDK, Jessica Caldwell, Caldwell Organizations: DETROIT —, Motors, Detroit, Auto, Cox Automotive, CDK, GM, Asbury Automotive Group, AutoNation Inc, Inc, Lithia Motors Inc, Sonic Automotive Inc, Automotive News, Toyota, Hyundai, Kia Locations: Lincolnwood , Illinois, DETROIT, North America

☆ Bill Maher: Democrats Will Regret Passing Up an Open Convention - The New York Times
▼ + stars: | 2024-07-01 | by ( Bill Maher | ) www.nytimes.com time to read: +1 min

Over the past few years, many people have told me I should stop making Biden-is-old jokes because “it just helps Trump” — as if voters wouldn’t have noticed his age otherwise. As Joe Biden himself would say, “Here’s the deal”: What happened at the debate last week wasn’t a tragedy, it was a blessing in disguise. I called on Mr. Biden to step aside almost a year ago, warning that he would be forever known as “Ruth Bader Biden” if he didn’t. And far from being some kind of disaster for the Democratic Party, it plays right into what works best in 21-century American culture. And he didn’t have an endlessly long record to pick over.

Persons: Trump, I’m, Joe Biden, Biden, “ Ruth Bader Biden ”, it’s, Barack Obama, hadn’t Organizations: Biden, Democratic Party

☆ Trying to convince voters that Biden's debate performance was a one-off will backfire, experts say
▼ + stars: | 2024-07-01 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewPresident Joe Biden's aides have defended his debate performance, treating it as an unimportant one-off in a long campaign. According to The New York Times, the president's aides are trying to cast Biden's performance — branded by many as a disaster — as insignificant in the long run. Related storiesIronically, Biden's aides also appeared to blame the president's age when discussing his debate performance with Axios. "But I know what I do know — I know how to tell the truth ... "By framing Biden's performance as a 'blip,' campaign surrogates are trying to reset expectations.

Persons: —, Joe Biden's, Jen O'Malley Dillon, Biden's, Quentin Fulks, Biden, Trump, Thomas, It's, doesn't Biden, Katherine Tangalakis, Erin Snodgrass, Andrew Payne, Donald Trump, Payne, isn't Organizations: Service, The New York Times, Business, University College London, Interact, White, Q Locations: McDonald's, United States, Raleigh

☆ 'House of the Dragon' just introduced a big-mouthed new character — but he's probably going to be important later on
▼ + stars: | 2024-07-01 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Read previewWarning: Spoilers ahead for "House of the Dragon" season two, episode three, and the book "Fire and Blood." We're probably going to be seeing a lot more of Ulf in "House of the Dragon," depending on how closely it follows "Fire and Blood," George R.R. Ulf fought alongside other dragon riders like Hugh Hammer in the Battle of the Gullet, a pivotal sea battle during the war. According to Mushroom's historical account in "Fire and Blood," Ulf descended into hedonism, raping multiple women in Tumbleton each night and constantly drinking. But the fight came to Tumbleton when Addam Velaryon (previously Addam of Hull), another dragon rider, attacked the city on his dragon Seasmoke.

Persons: —, Ulf, there's, We're, George R.R, Baelon, King Jaehaerys, Dorne, coy, Jaehaerys, Daemon Targaryen, King Viserys, Rhaenyra, Jacaerys Velaryon, Jacaerys, Silverwing, Alysanne, Ulf White, Hugh Hammer, Hugh, Lord Stokeworth, Ormund Hightower, Prince Daeron, Bitterbridge, House Tyrell, Addam Velaryon, Daeron, Hobert Hightower, Ulf — Organizations: Service, Business, Aegon, King's Locations: Westeros, Tumbleton, Hull

On the final night of Copa America Group C play, the U.S. men’s national team had to match or better Panama’s result against Bolivia. The challenge was that the U.S. would have to do it against unbeaten group leaders Uruguay. AdvertisementPanama beat Bolivia 3-1 and the U.S. lost 1-0 to Uruguay, ending their Copa America after one win and two losses in a disappointing group stage. Then, when giving Chris Richards a yellow card in the 32nd minute, Uruguay looked to play a quick free kick. Greg O’KeeffeWhat was the deal with the camera angle?

Persons: Gregg Berhalter’s, Paul Tenorio, Greg O’Keeffe, Jeff Rueter, Gregg Berhalter, Tim Weah’s, John Dorton, Kevin Ortega, Ortega, Tyler Adams, Chris Richards, Richards, —, Tim Ream, Christian Pulisic, Shaun Clark, Mathias Olivera, Darwin Nuñez, Matt Turner, Olivera, Paul Tenorio Joy, Pulisic, Bruno Miranda’s, Michael Reaves, tim, lev Organizations: Copa America Group, men’s, Uruguay, U.S, Copa America, Copa, Getty, USSF, Soccer, Peruvian, Ecuador, Iran, Napoli, Panama, Fox, CONMEBOL, Inter Miami, Sporting Kansas City, pla, eac Locations: U.S, Bolivia, The U.S, Uruguay, Panama, United States, Mexico, Canada, Qatar, Orlando, Kansas City, Bruno Miranda’s Bolivia, uHolden sh

The Youngest Pandemic Children Are Now in School, and StrugglingThe pandemic’s babies, toddlers and preschoolers are now school-age, and the impact on them is becoming increasingly clear: Many are showing signs of being academically and developmentally behind. But the impact on the youngest children is in some ways surprising: They were not in formal school when the pandemic began, and at an age when children spend a lot of time at home anyway. Researchers said several aspects of the pandemic affected young children — parental stress, less exposure to people, lower preschool attendance, more time on screens and less time playing. The youngest students’ performance is “in stark contrast” to older elementary school children, who have caught up much more, the researchers said. Sarrah Hovis, a preschool teacher in Roseville, Mich., has seen plenty of the pandemic’s impact in her classroom.

Persons: ” “, “, ”, Jaime Peterson, —, Joel Ryan, Kristen Huff, Catherine Monk, ” David Feldman, Tommy Sheridan, don’t, Michaela Frederick, She’s, weren’t, Aaron Hardin, Frederick, Lissa O’Rourke, Sarrah, ” Terrance Anfield, children’s, Rahil, Briggs, Zero, Kelsey Schnur, Finley, Schnur, Analilia Sanchez, lockdowns, Heidi Tringali, Travis Dove, Tringali, I’m, Michael LoMedico, Emily Sampley, It’s, Dani Dumitriu Organizations: ”, Oregon Health, Science University, Curriculum Associates, Columbia, Start, Brook Allen, The New York Times, Associates, Cincinnati Public Schools, Cincinnati Children’s Hospital, The New York Locations: School, Washington State, U.S, St, Petersburg, Fla, Martin , Tenn, Sharon, Tenn, Augustine, Cincinnati, Roseville, Mich, “, Indianapolis, Sharpsville, Pa, El Paso, Charlotte, N.C, Yonkers, N.Y, Sioux Falls, S.D, Tennessee, Oregon

☆ Investors wondering if the S&P 500's strong year can continue should watch this key chart metric, says Bank of America
▼ + stars: | 2024-07-01 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Investors deliberating whether the stock rally can continue in the second half of 2024 should keep an eye on the 200-day moving average, according to Stephen Suttmeier, technical research strategist at Bank of America Securities. The indicator, which is used by chart analysts to determine long-term trends, has been positive during the first six months of the year — as the S & P 500 surged 15% to record levels. The broad market index did not have a single daily close below its 200-day moving average in the first half. However, if the S & P 500 falls below its 200-day moving average in the second half of 2024, that will mean weaker returns, the technician said. "[This] scenario shows average and median returns of 0.60% (SPX 5490) and 2.43% (SPX 5590), respectively," the technician said.

Persons: Stephen Suttmeier, Suttmeier, Stocks, Donald Trump Organizations: Bank of America Securities, U.S, Federal Reserve

☆ CNBC Daily Open: U.S. seeks Boeing guilty plea
▼ + stars: | 2024-07-01 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. On Friday, the S&P 500 and Nasdaq hit record highs before pulling back. Boeing 'guilty plea'U.S. prosecutors plan to seek a guilty plea from Boeing over a charge related to two fatal 737 Max crashes in 2018 and 2019, attorneys for the victims' family members said. [PRO] Rally will broadenThe tech sector has driven market performance in 2024, with the S&P 500 tech group up 28% and Nvidia soaring 149%, while small-caps have lagged.

Persons: Max, John Donahoe, Morgan Stanley, Stifel, Gregory Greene, Mary Daly, CNBC's Andrew Ross Sorkin, John Stoltzfus, Lisa Kailai Han Organizations: Dow Jones, Nasdaq, CNBC, Hezbollah, Boeing, U.S, The Justice, DOJ, Nike, Federal Reserve, San Francisco Fed, Nvidia Locations: Israel, Iran, Gox, Japanese

☆ CNN anchor: ‘As long as there are sharks in the ocean, I’ll be diving in’
▼ + stars: | 2024-06-30 | by ( Boris Sanchez | ) edition.cnn.com time to read: +10 min

Yet, there are arguments that the potential problems caused by shark feeding tourism are outweighed by the benefits. When it comes to migratory patterns, the science is limited but points to shark feeding having a negligible effect on their movement. As long as there are sharks in the ocean, I’ll be diving in – hoping to cherish them in person. CNNOpponents of shark feeding will also point to several fatal accidents during shark dive tours, including one late last year. As long as there are sharks in the ocean, I’ll be diving in — hoping to cherish them in person.

Persons: Boris Sanchez, Anderson Cooper, you’re, I’m, it’s, I’ve Organizations: CNN, Central, Tiger, chum, Zoological Society, Saturn Locations: Washington , DC, Bahamas, bonito, –, Australia, —

☆ Fathom, the company behind classic films at your local theater, is making major gains in moviegoing
▼ + stars: | 2024-06-30 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

At a time when the box office is starved for content and audiences seem pickier than ever, Fathom Events is posting record revenue gains. In 2023, Fathom generated $100 million at the box office, a 116% increase over 2019 levels and its highest-grossing year ever. "These audiences are getting to enjoy classic films, either for the first time or for the first time, in a new way. Last year, the film extended its release to five days and snared $7.1 million, making it the highest-grossing classic film release in Fathom history. "They worked out the licensing and they created the marketing behind re-releasing these classic films that, you know, we just can't do ourselves.

Persons: Cinemark, Andrea Bocelli, Paul Dergarabedian, Jesus, Brock Bagby, Jordan Hohman, Oz, Alfred Hitchcock's, Bagby, Fathom, Ray Nutt, Hohman Organizations: AMC, Hollywood's, Fathom, B, Phoenix Theatres, Ghibli, Dallas Locations: Comscore

☆ 'Shadow Stand-Ins': How Workers Secretly Outsource Their Jobs
▼ + stars: | 2024-06-30 | by ( Rob Price | ) www.businessinsider.com time to read: +20 min

Related storiesThough Remi recruited people she knew, shadow stand-ins are often sourced from a complex online web of faceless providers. Facebook Groups are a popular forum for recruiting shadow stand-ins, providing a two-sided marketplace where workers and providers can connect to one another. The dustup highlighted a key drawback to shadow stand-ins: While alluring, things can go horribly wrong. "It required a lot of micromanaging," said a backend engineer in Pennsylvania who hired shadow stand-ins to help him juggle multiple jobs. Pay rates for shadow stand-ins are "definitely more than what people earn in their regular payday, that's for sure," he said.

Persons: Remi, Zer, couldn't, — Remi, Walter Keane, Margaret, Tim Ferriss, Raj Kumar, isn't, Kevin, Andrew, it's, Lorenzo Matteucci, Brandon Nowak, —, Amber Clayton, Tim Woodruff, Woodruff, they're, Ranjan, Kiran, Rahul, Peter Steele, Michel Anteby, doesn't Organizations: Business, Labor, Verizon, Southwestern, Facebook, Amazon Web Services, BI, Companies, Corporations, Society for Human Resource Management, Secret Service, Department of, Treasury, FBI, LinkedIn, Boston University Locations: Chicago, India, Pakistan, China, Southwestern US, Atlanta, San Jose , California, Bengaluru, American Java, Southeast Asia, United States, Colorado, Southern California, Pennsylvania, Washington, Indian, Michigan, Oregon, England

☆ I'm a hair health expert, and I want men to stop blaming their fathers for thinning hair. Genetics is only half the story.
▼ + stars: | 2024-06-30 | by ( Giorgos Tsetis | ) www.businessinsider.com time to read: +5 min

When my hair started thinning in my 20s, I feared I was taking after my father, who's mostly bald. But as someone who dedicated nearly a decade to understanding hair health, I now believe we shouldn't blame our dads for our hairlines. I had to navigate my own hair health challengesWhen my hair started to thin, I was modeling to put myself through engineering school. This experience, while challenging, was the catalyst needed to pursue a drug-free, holistic solution to tackle my own thinning hair. There are lesser known external factors that impact your hair healthStress, for example, is one major factor in hair health.

Persons: who's, we'd, —, He's, Giorgos Tsetis Organizations: Service

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