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Chatterton, 27, recalls one of her first jobs after graduating college, as a marketing operations role at a small tech startup in Chicago, Illinois. Conventional wisdom holds that older women have the most to contend with in regards to ageism, or unfair treatment based on a person's age. However, new research from LeanIn and McKinsey & Co. suggests that younger women are more susceptible to ageism in the workplace than their older colleagues. Ageism impacts older employees at fairly similar rates for women and men. Yet women in their 20s and 30s report much higher instances of ageism than older women and their young, male colleagues.
Persons: Courtney Chatterton, Chatterton Organizations: CNBC, LeanIn, McKinsey & Co Locations: Chicago , Illinois
Last week, UniCredit announced it had taken a 9% stake in Commerzbank, confirming that half of this shareholding was acquired from the government. Commerzbank shares jumped 20% on the day UniCredit's stake was announced. A cross-border styled merger between UniCredit and Commerzbank would be more preferential than a domestic merger between Deutsche Bank and Commerzbank, according to Reint Gropp, president of the Hall Institute for Economic Research. "The German banking structure is long overdue for a consolidation process. The German bank also has less excess capital than UniCredit and therefore "cannot really afford" a takeover, Alloatti said.
Persons: Kirill Kudryavtsev, UniCredit, Andrea Orcel, Commerzbank, Orcel, Ignacio Cerezo, Berenberg, David Benamou, Benamou, CNBC's, Arnaud Journois, Journois, Emmanuel Macron, Reint Gropp, Gropp, Filippo Alloatti, Hermes, Alloatti, We've Organizations: Afp, Getty, Bloomberg, Reuters, UniCredit, Wednesday, UBS, Investments, European, Morningstar, Commerzbank, Analysts, CNBC, Deutsche Bank, Hall Institute for Economic Research, Will Deutsche Bank, ABN Amro Locations: Frankfurt, Germany, Commerzbank, Berlin, Italian, U.S, Europe, UniCredit, Italy
“They have early voting, late voting, everything is so ridiculous,” Trump said onstage in Palm Beach, Florida, in July. It is great if you want to vote early,” Whatley said during a tour stop in Tampa, Florida, this summer. He voted early this month in his home state of Florida and posted a TikTok video encouraging people to vote early. He also occasionally straightly delivers a prepared remark that encourages early voting without caveating his skepticism of the practice. Still, the inconsistency of Trump’s early voting messaging has led many of his supporters toward cynicism and confusion around the topic.
Persons: Donald Trump, Trump, , ” Trump, Michael Whatley, Lara Trump, ” Whatley, , straightly, Karoline Leavitt, Bob Breneman, Susan Anderson, Anderson, leader’s, Troy Mattson, We’ve, Biden Organizations: Republican National Committee, GOP, , Trump, RNC, Fox, Republican, NBC, D.C, Pew Research, Democratic, hasn’t, Pew Locations: Palm Beach , Florida, Tampa , Florida, Florida, Pennsylvania, Nevada, Michigan, North Carolina, Georgia, United States, Washington, Covid
His new home is a notorious federal jail in New York City known for extreme violence and abominable medical care. Still, the conditions are horrid across the facility, according to interviews with more than a half-dozen defense lawyers and a review of court documents. “The agency as a whole has failed to assist MDC Brooklyn with the staffing crisis, hence allowing MDC Brooklyn to fail,” the union head, Rhonda Barnwell, wrote in a memo to Bureau of Prisons officials in June 2023. "That is why, earlier this year, the director appointed an Urgent Action Team to take a holistic look at the challenges at MDC Brooklyn," the spokesman added. A statute in the federal court system requires defendants who are out on bail to be remanded to jail after they are convicted.
Persons: Sean, Diddy, Combs, Gary Brown, Sam Bankman, Kelly, Ghislaine Maxwell, , Xavier Donaldson, , Jeffrey Epstein’s, Rhonda Barnwell, Luis Rivas, Uriel Whyte, Edwin Cordero, Mr, Cordero, Andrew Dalack, Terrence Wise, wasn’t, LaShann DeArcy, Jonathan Goulbourne, Jesse Furman, Furman, Judge Brown, Brown, Daniel Collucci, Richard Kestenbaum Organizations: Metropolitan Detention, MDC, District, Justice Department, Metropolitan Correctional Center, Brooklyn, MDC Brooklyn, of Prisons, NBC News, . Justice, Urgent, New York Daily News Locations: New York City, Brooklyn, U.S, New York, Queens , New York,
Andy Beshear signed an executive order Wednesday banning the scientifically discredited practice of so-called conversion therapy on minors in the state. “Conversion therapy has no basis in medicine or science, and it can cause significant long-term harm to our kids, including increased rates of suicide and depression. The same survey — which the governor's office cited in its statement — found that 54% of the LGBTQ youths who attempted suicide in the year prior were threatened with or subjected to conversion therapy. Advocates from The Trevor Project praised the governor's signing of the measure. Beshear's executive order comes amid the introduction of a historic number of anti-LGBTQ bills in state legislatures across the country this year.
Persons: Andy Beshear, ” Beshear, Trevor, , ” Tanner Mobley Organizations: Kentucky Gov, Advancement, Trevor Project, Commonwealth, American Civil Liberties Union, Prevention, NBC Locations: Kentucky
A region fearing all-out war may have been taken to the brink by a legion of pagers. Israel has not claimed responsibility for the operation, but Hezbollah laid the blame squarely on its adversary, and two U.S. officials told NBC News that Israel was behind the attack. It follows months of tensions between Hezbollah and Israel since Hamas’ Oct. 7 terror attacks and Israel’s assault on the Gaza Strip. Israel announced a new war objective late Monday — the safe return of residents displaced from their homes by months of fighting with Hezbollah across the northern border with Lebanon. Israel could benefit on several different levels from such a massive and shocking operation, Horowitz said.
Persons: Israel, Yoav Gallant, ” Michael Horowitz, Horowitz, , , ” Horowitz, Mohanad Hage Ali, Malcolm H, ” Hage Ali said, What’s, , Masoud Pezeshkian, ” Hage Ali, Ori Gordin, Washington, Ben Rhodes, Barack Obama, ” Rhodes Organizations: Hezbollah, NBC News, NBC, Israeli, U.S, Le Beck, Kerr Carnegie Middle East Center, Kremlin, Israel Defense Forces ’ Northern Command, BBC Locations: Lebanon, Beirut, Israel, Russia, Jordan, Gaza, Iran, Israeli, U.S, doesn’t
Last week, DEEP announced a precursor to the Sentinel, a smaller underwater habitat which the company will use to develop systems for the Sentinel but will also be released as a separate product. An underwater habitat placed on the seabed near the wreck could have served as a base for divers instead, said Wolpert. OAR/National Undersea Research Program (NURP)Aquarius replaced Hydrolab after it was decommissioned. OAR/National Undersea Research Program (NURP)Dennison, of the University of Maryland, said Hydrolab was damp, cramped, lacked indoor plumbing, and had only three beds for four occupants. Wolpert said that DEEP is more than a habitat, it’s also a platform for engaging the next generation.
Persons: Sean Wolpert, Wolpert, , Fairleigh Dickinson University DEEP’s, Bill Dennison, , Dennison, , It's, Hydrolab, “ It’s, ” Wolpert, ” Craig McLean, Jacques Cousteau, , III –, McLean, Ray Dalio, Victor Vescovo, Proteus, Fabien Cousteau, it’s Organizations: CNN, Sentinel, Space, Vanguard, Florida International University, NASA, Space Shuttle, SpaceX, Undersea Research Program, Fairleigh Dickinson University, University of Maryland’s Center, Environmental Science, Virgin Islands, University of Maryland, Oceanic, Atmospheric Administration, NOAA, Florida Keys National, of Naval Research Locations: Bristol, Sicily, Aquarius, Florida, Virgin, American, St . Croix, Miami
Check out the companies making headlines in midday trading: Intuitive Machines — Shares soared 51% after the space exploration company secured a roughly $5 billion space network contract from NASA. The move is likely intended to push a decision on the politically controversial takeover past the presidential election in November. Victoria's Secret — The intimate apparel maker gained 5% after Barclays upgraded shares to equal weight from underweight, citing a more balanced risk/reward backdrop. The investment firm said VF Corp should start to see benefits from last year's CEO change this fall. Casella Waste Systems — The recycling company fell 5% after announcing a $400 million public offering of its Class A common stock.
Persons: Steward, McGrath RentCorp —, McGrath, Eli Lilly's GLP, — CNBC's Sean Conlon, Michelle Fox, Lisa Han, Yun Li, Jesse Pound, Pia Singh Organizations: NASA, United States Steel, Nippon Steel, Barclays, Medical Properties, Medical Properties Trust, WillScot Holdings, Wolfe Research, Casella Waste Systems Locations: U.S
Read previewAn elite Navy SEAL unit may be preparing Taiwanese forces for reconnaissance operations and missions to repel a Chinese invasion, retired Navy officers said after a report said the unit had been training for such an eventuality for over a year. AdvertisementAccording to three retired Navy officers, the unit may be training Taiwanese soldiers to fight back against China should it invade Taiwan. One, he told BI, "is training Taiwanese forces in reconnaissance and perhaps direct attack, focusing on missions that might be required to defeat a Chinese invasion." "Naval reconnaissance forces would locate Chinese forces for long-range attacks," he said, adding: "They might also launch attacks against offshore ships or shipping in Chinese ports." Reports have already given clues as to how the US is preparing for a possible Chinese invasion of Taiwan.
Persons: , Osama bin Laden, Mark Cancian, Bradley Martin, Sam Tangredi, Graeme Thompson, Joe Biden, Samuel Paparo, Martin, Cancian, Daniel Ceng, Phil Davidson, Davidson, Feng Hao, Paparo, Frank Kendall, Kendall Organizations: Service, Navy SEAL, Financial Times, Business, Navy, Marine, Center for Strategic, International Studies, US Navy, Getty, Eurasia Group, Wall Street Journal, Reuters, International Institute for Strategic Studies, Pacific Command, Washington Post, Congressional Research Service, Senate Armed Services Committee, Theater Command, PLA, China Military, Anadolu, American Enterprise Institute, Institute for, Japan's Nikkei, RAND Corp, US Air Force, Air & Space Forces Association Locations: Virginia, Taiwan, Afghanistan, Yemen, Syria, Somalia, Pakistan, China, People's Republic of China, Pingtung County, AFP, Washington ,, Australia, United States, Taichung, Anadolu, Pacific
Gold is already near the top of the 2024 range of outcomes projected by BlackRock Investment Institute, for example. Emerging market central banks have about 6% of their FX reserves in gold, and developed markets have about 12%. "Weaponizing dollar-based systems, including SWIFT , has led to more people, more countries specifically — more sovereign wealth funds and central banks — not trusting dollar-based assets as much. ETF flows As central banks have been bidding up gold, smaller investors were selling for much of this year. The VanEck Merk Gold ETF (OUNZ) and the Abrdn Physical Gold Shares ETF (SGOL) are the other funds with at least $100 million in net inflows this year, according to FactSet.
Persons: there's, Robert Minter, Minter, SWIFT, Lauren Goodwin, we're, Chris Verrone Organizations: Federal, Nasdaq, BlackRock Investment Institute, Abrdn, World Gold Council, U.S ., FX, United, Russia, New York Life Investments, MiniShares, Federal Reserve Locations: U.S, Abrdn . Central, Central, United States, Ukraine
Read previewFor Wall Street, policy — not politics — is the motto leading up to November. Death and taxesUnsurprisingly, tax policy is at the top of money managers' minds, according to Frank Kelly, senior political strategist at DWS. The filibusterThere's an under-the-radar issue keeping portfolio managers up at night: the elimination of the filibuster, according to Kelly's conversations with clients. Wall Street analysts expect a very close election, and even a minute change could be enough to push the needle on the outcome for either candidate. Given how important gridlock is to the market, there's not enough conversation around the impacts of eliminating the filibuster, Kelly believes.
Persons: , Kamala Harris, Donald Trump, DWS, Frank Kelly, Harris, Trump, David Bianco, Bianco, Goldman Sachs, Chuck Schumer, Kelly, Monica Guerra, Morgan Stanley, Morgan Stanley Wealth Management's, it's, Jack Ablin, Washington doesn't Organizations: Service, Asset Management, Business, Trump, Jobs, DWS, Wall Street, Morgan Stanley Wealth, Cresset Capital Management, White, Washington, Democrats, Republicans Locations: DWS Americas
CNN —Following the MIND diet for 10 years produced a small but significant decrease in the risk of developing thinking, concentration and memory problems, a new study found. The MIND diet was specifically designed to combat cognitive decline, said lead study author Dr. Russell Sawyer, an assistant professor of clinical neurology and rehabilitation medicine at the University of Cincinnati Gardner Neuroscience Institute. People who followed the MIND diet more closely were 4% less likely to develop memory and thinking problems than those who did not adhere to the diet, the study found. “The benefits of the MIND diet may have a differential impact in women and Blacks and this is an area for future research.”Leafy green vegetables, berries, whole grains, seeds, and a bit of fish and poultry are staples of the MIND diet. jenifoto/iStockphoto/Getty ImagesMore research neededA 2023 randomized controlled clinical trial found the MIND diet no better than the control diet in reducing signs of cognitive decline in the brain.
Persons: Russell Sawyer, ” Sawyer, Sawyer, , David Katz, ” Katz Organizations: CNN, University of Cincinnati Gardner Neuroscience Institute, , True Health Initiative, American Academy of Neurology, National Institutes of Health, Southern, Blacks
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomist: 50 basis point Fed rate cut will give ASEAN central banks scope to move on policyKai Wei Ang of BofA Global Research discusses his outlook for Southeast Asian central banks amid a looming interest rate cut by the U.S. Federal Reserve.
Persons: Kai Wei Ang Organizations: ASEAN, BofA Global Research, U.S . Federal Reserve
"We estimate that Brent could fall to roughly $50 per barrel in a moderate [U.S.] recession … We have a fairly benign view on the global economy," Struyven said during the conference. en Luckock global head of oil at Trafigura"Things are slowing down. Trading Giant Trafigura raised concerns about China's weak demand, and the global oil consumption tied to it. China's slowdown has spurred some to scour for alternative oil demand drivers, with a few eyeing India as a potential candidate. India is the third largest consumer of oil at around 5 million barrels of oil per day, 5% of the world's oil consumption.
Persons: Andrey Rudakov, Goldman Sachs, Brent, Struyven, Torbjörn Törnqvist, Ben Luckock, we're, Bing Chen, Gunvor Organizations: Tuapsinsky, Rosneft Oil, Bloomberg, Getty, Global Commodities, Daan, CNBC, Global, Brent, U.S, West Texas Locations: Tuapse, Russia, China, U.S, Ukraine, India, Japan, Germany, Hong
Read previewThe bosses of big US companies are over hybrid work. Adding to the anti-remote vibes: a new snapshot of CEO sentiment that shows Jassy isn't alone in saying "so long, hybrid." About one in three CEOs said retirements and a lack of skilled replacements would have a big effect on their company. Only 54% of CEOs reported that their companies were "well-prepared" for a cyber attack. "The people that have generative AI and AI skills are going to have a big advantage in the marketplace over those that don't," he said.
Persons: , Andy Jassy, Jassy isn't, Paul Knopp, Amazon's, Knopp, there's, I'm, Nicholas Bloom, Bloom, Z, GenAI, what's Organizations: Service, Amazon, KPMG US, Business, IRL, Stanford, BI, GenAI Locations: upskilling
These Four Common Infections Can Cause Cancer
  + stars: | 2024-09-18 | by ( Nina Agrawal | ) www.nytimes.com   time to read: +1 min
A majority of cervical cancers, as well as some genital and oral cancers, are caused by a virus. And certain chronic viral infections can lead to liver cancer. Infections like these account for an estimated 13 percent of all cancer cases globally, according to a new report published Wednesday by the American Association for Cancer Research. We are now close to “turning what would have previously been some common cancers into rare diseases,” he said. Human papillomavirusThere are more than 200 types of the HPV virus, including a dozen that significantly increase the risk of cervical, genital and oral cancers.
Persons: Michael Pignone, Organizations: American Association for Cancer Research, Duke School of Medicine
He said a boost from the weak yen to exports has faded as the Japanese currency rebounded sharply in August. Total exports rose 5.6% year-on-year in August, up for a ninth straight month, data showed on Wednesday, well below a median market forecast for a 10% increase and following a 10.3% rise in July. Exports to the United States dipped 0.7%, the first monthly decline in nearly three years, as auto sales slumped 14.2%. Those to China, Japan's biggest trading partner, rose 5.2% in August from a year earlier. The value of imports grew 2.3% in August from a year earlier, versus a 13.4% increase expected by economists.
Persons: Takeshi Minami Organizations: Asahi, Co, Bloomberg, Getty, U.S, Norinchukin Research Locations: Hekinan, Aichi Prefecture, Japan, U.S, China, United States
7:02 a.m.: JPMorgan hikes Roku price target Roku's focus on monetization for its Platform segment may spell good news for the stock. Analyst Cory Carpenter kept his overweight rating on the stock but upped his price target by $10 to $90. "We believe Lilly's launch of an obstructive sleep apnea (OSA) indication for its GLP-1 medication tirzepatide poses significant patient funnel disruption/distortion risks," the analyst wrote. Analyst Sara Senatore upped its price target by $6 to $118, which implies more than 22% upside from Tuesday's close. "Licensing China would also allow SBUX management to train its focus on the US (73% of 2023 EBITDA before corporate expenses)," the analyst wrote in a Wednesday note.
Persons: Goldman Sachs, Cory Carpenter, Carpenter, Roku, TTD, they've, — Sean Conlon, Wolfe, Resmed Wolfe, Mike, Eli Lilly, Sara Senatore, Senatore, Brian Niccol's, Lizzie Dove, Hilton, Dove, Adrienne Yih, Yih, Fred Imbert Organizations: CNBC, Marriott International, Barclays, Corp, JPMorgan, Google, Amazon, Bank of America, Marriott, Wyndham, Hilton, VF Corp Locations: Starbucks, China, Tuesday's, Timberland, VFC
The Federal Reserve is expected to make its first rate cut in just a few short hours, so CNBC Pro took a look at what stocks historically do best immediately after the start of an easing cycle. CNBC Pro searched for the stocks set to gain the most following a Fed rate cut, using data from prior easing cycles going back to 1984. Historically, Apple is up about 16% on a median basis three months after an initial cut from the Fed. Technology names tended to do well immediately after a Fed rate cut, with digital storage company Western Digital the top-performing stock, and semiconductor equipment company Lam Research the second-best performing one. Three months after a Fed rate cut, Western Digital gained more than 26% on a median basis, while Lam Research advanced more than 22%.
Persons: Organizations: Federal, CNBC Pro, Dow Jones, Apple, Western Digital, Lam Research, Kroger
And an expert in political violence and terrorism is worried the worst is yet to come. The justification of political violence online is getting worse, too, with increasingly high-profile people laughing off violent incidents. Plenty of such data exists about Trump's rhetoric, Pape noted, and he said there is no doubt that "incendiary political rhetoric increases support for political violence." "What you're seeing is real-world violence reflecting this significant rhetorical support for political violence on both the right and the left," Pape said. "There is an incentive to do what we know stokes support for political violence.
Persons: , Robert Pape, Pape, Nancy Pelosi's, Barack Obama's, Donald Trump's, Steve Scalise, Elon Musk, Sunday's, Trump, haven't, Joe Biden, Kamala Harris, Musk, snickering, " Pape, he's, Biden, stokes Organizations: Service, World Justice, Democratic, GOP, Business, Democrat, Republican, Marist, PBS, Chicago Project, Security, University of Chicago, Department of Justice, Congressional, Trump, Republicans Locations: Louisiana, Butler , Pennsylvania,
The Fed just issued its first interest rate cut in four years. AdvertisementStocks got a brief leg up to a new intraday record on Wednesday after the Federal Reserve issued its first rate cut since 2020. "The Fed has given the market what it was looking for with the bigger 50-basis point rate cut," Joel Kruger, market strategist at LMAX Group said in a statement. Here's where US indexes stood at the 4 p.m. closing bell on Wednesday:AdvertisementStocks have historically reacted well to Fed rate cuts. "All we needed today was for Powell to validate market expectations that the Fed is acknowledging the downside risks to the labor market and responding appropriately."
Persons: Stocks, , Jerome Powell's, Joel Kruger, Morgan Stanley, Kruger, Tom Lee, Priya Misra, Powell, Jason Pride Organizations: Service, Federal Reserve, LMAX, JPMorgan Asset Management Locations: Glenmede
CNN —Harvey Weinstein has pleaded not guilty to one count of a criminal sex act in the first degree after he was indicted by a grand jury earlier this month. The indictment was unsealed after it was initially announced during a court hearing last Thursday. An attorney for the woman whose grand jury testimony served as the basis of the new indictment said she intends to testify at trial. Prosecutors in New York began presenting the case to the grand jury in August. His conviction was overturned by the New York Court of Appeals in April, citing violation of Weinstein’s constitutional rights at trial.
Persons: CNN — Harvey Weinstein, Weinstein, Prosecutors, “ Ms, Doe, ” Lindsay M, Jane Doe, which, Harvey, ” Juda, ” Weinstein Organizations: CNN, Prosecutors, New York, New, Appeals Locations: New, Los Angeles
CNN —Iranian hackers sent unsolicited information they stole from Donald Trump’s presidential campaign to people who were affiliated with Joe Biden’s campaign over the summer, federal law enforcement officials said Wednesday. The law enforcement statement Wednesday said that the hackers’ efforts to send information to US media outlets have continued. Law enforcement officials have previously said that those efforts also included an unsuccessful attempt to hack the Biden-Harris campaign. The Iranian hackers did breach the email account of longtime Trump ally Roger Stone to target campaign staff in June, CNN has reported. Investigators believe the suspected Iranian hackers breached Stone’s account and then used that email account to try to break into the account of a senior Trump campaign official as part of a persistent effort to access campaign networks.
Persons: Donald Trump’s, Joe Biden’s, , Biden’s, Trump’s, Kamala Harris ’, , Biden, Morgan Finkelstein, Harris, “ We’re, Ohio Sen, JD Vance, Vance, Roger Stone, CNN’s Kaitlan Collins Organizations: CNN, National Intelligence, FBI, Infrastructure Security Agency, Trump, Politico, The New York Times, Washington Post, Islamic Revolutionary Guard Corps, Investigators Locations: stoke
On Monday, Putin ordered the army to increase its troops by 180,000, per a decree published by the Kremlin. This will raise the overall number of Russian military personnel to 2.38 million people, with 1.5 million of them being active soldiers. AdvertisementThe gear coming off the production line "will still be substantial," Reynolds told BI in an interview on Wednesday. Russia has "adapted much better than predicted to some of the pressures it's been put under," Reynolds told BI. Other experts BI spoke to said that while Putin might still be able to grow Russia's army, it may only add more strain to the already-stretched Russian labor force.
Persons: , Vladimir Putin, Putin, Nick Reynolds, Reynolds, That's, It's, it's, Artem Kochev, Kochev, Benjamin Hilgenstock, Jeremy Morris Organizations: Service, Kremlin, Business, International Institute for Strategic Studies, Royal United Services Institute, Vienna Institute for International Economic Studies, Kommersant, Kyiv School of Economics Institute, Bloomberg, Russian Armed Forces, Aarhus University Locations: Russia, China, India, Ukraine, Moscow
London CNN —“Millions” of people could fall victim to scams using artificial intelligence to clone their voices, a UK bank has warned. Starling Bank, an online-only lender, said fraudsters are capable of using AI to replicate a person’s voice from just three seconds of audio found in, for example, a video the person has posted online. These types of scams have the potential to “catch millions out,” Starling Bank said in a press release Wednesday. “People regularly post content online which has recordings of their voice, without ever imagining it’s making them more vulnerable to fraudsters,” Lisa Grahame, chief information security officer at Starling Bank, said in the press release. As AI becomes increasingly adept at mimicking human voices, concerns are mounting about its potential to harm people by, for example, helping criminals access their bank accounts, and spread misinformation.
Persons: London CNN —, Scammers, ” Lisa Grahame, OpenAI Organizations: London CNN, Starling Bank, , Bank, Research Locations: Starling
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