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☆ If you think you're doing your laundry right, you're wrong. Here are 5 mistakes to avoid.
▼ + stars: | 2024-09-22 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +6 min

AdvertisementWater temperature is too hotA lot of people think hot water should be the default go-to temperature. While hot water is going to give you the best clean, using it often isn't necessary or good for your laundry. I like to think of hot water washes as calling in the power washer — it's for when something is really stained, dirty, or smelly. But there are ways to get an extra good clean without always using hot water. Plus, you reduce your energy usage by 90% when you stop using hot water to clean clothes.

Persons: —, Zachary Pozniak, It's Organizations: Service, Business

☆ Amazon's 5-day office push may be the beginning of the end for remote working
▼ + stars: | 2024-09-22 | by ( Nora Redmond | ) www.businessinsider.com time to read: +4 min

Read previewAmazon is waving goodbye to remote work. Workers were previously told to come in at least three days a week, but Amazon seems eager to end pandemic-era habits. AdvertisementThe memo outlined extenuating circumstances such as illness, a household emergency, and the need to finish coding in a more isolated environment as scenarios when remote work may be permitted. Jones, however, does not believe this new requirement will spell the end of remote work. AdvertisementIn the context of globalization, she said, Amazon employees will still be working remotely with each other because they're based in different locations.

Persons: —, Andy Jassy, Jassy, Gemma Dale, Liverpool John Moores, Dale, Amanda Jones, Jones, Khaddage, Diab, it's Organizations: Service, Workers, Business, King's College London, Amazon, AM Bank Locations: Washington, Arlington , Virginia, Liverpool, Khaddage Bou, Diab

☆ Israel raids and shuts down Al Jazeera’s bureau in Ramallah in the West Bank
▼ + stars: | 2024-09-22 | by ( ) www.cnbc.com time to read: +5 min

A picture shows a view of the Al Jazeera television network offices in Ramallah in the occupied West Bank on May 5, 2024. However, Al Jazeera has continued operating in the Israeli-occupied West Bank and in the Gaza Strip, territories that the Palestinians hope to have for their future state. Al Jazeera denounced the move as it continued broadcasting live from Amman in neighboring Jordan. The network later aired what appeared to be Israel troops tearing down a banner on a balcony used by the Al Jazeera office. "There is a court ruling for closing down Al Jazeera for 45 days," an Israeli soldier told Al Jazeera's local bureau chief, Walid al-Omari, in the live footage.

Persons: Al Jazeera, Al Jazeera's, Abu Akleh, Al, Walid al, Omari, Benjamin Netanyahu, — Organizations: Al, West Bank, Associated Press, West, Palestinian Journalists Syndicate, Palestinian, West Bank ., Hamas, Gaza Health Ministry, Hezbollah Locations: Al Jazeera, Ramallah, Jazeera, Israel, Qatar, Gaza, East Jerusalem, Al, Amman, Jordan, Palestinian, American, Israeli, Al Jazeera's, Oslo, West Bank, Al Jazeera's Ramallah, Lebanon

☆ Why housing affordability could be a key issue for swing state voters in November, according to Redfin
▼ + stars: | 2024-09-22 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

The report says median asking rents in swing states have shot up almost 24% since 2020, with especially big increases in key states like Michigan. As rent prices have climbed, housing affordability remains stretched. AdvertisementThat's a $10,365 difference, meaning renters in swing states earn 17% less than they need to afford the typical apartment. "America's swing state voters will decide the outcome of the next presidential election based on the candidates' plans for tackling key issues including the housing affordability crisis," Fairweather said. In July, Redfin found the median monthly housing payment in swing states has nearly doubled in the last four years, rising by 92% to reach a record high of $2,161.

Persons: —, Redfin, Daryl Fairweather, Donald Trump, Kamala Harris, Harris, Trump, Fairweather Organizations: Service, Business, Midwest Locations: Michigan, Arizona , Nevada , Wisconsin , Michigan, Pennsylvania, Georgia, North Carolina, Arizona

☆ Exit polls suggest reprieve for Germany’s Scholz, as his party looks set to fend off far right in state vote
▼ + stars: | 2024-09-22 | by ( ) edition.cnn.com time to read: +3 min

BERLIN Reuters —German Chancellor Olaf Scholz’s Social Democrats (SPD) looked set to fend off the far right in a state election in Brandenburg on Sunday after trailing behind the Alternative for Germany (AfD) throughout the campaign, exit polls indicated. “Dietmar Woidke and his Brandenburg SPD have made a furious comeback in recent weeks,” said SPD party general secretary Kevin Kuehnert. “For us in the federal SPD, this evening, if things go well, the problems that lie ahead of us will not have gotten any bigger. The SPD is polling just 15% at national level, down from the 25.7% it scored in the 2021 federal election. Maryam Majd/Getty Images/FileNo time for complacencyThe vote in Brandenburg comes three weeks after the Russia-friendly AfD became the first far-right party to top a state election in Germany since World War Two, in Thuringia.

Persons: Olaf Scholz’s, Scholz, Dietmar Woidke, “ Dietmar Woidke, ”, Kevin Kuehnert, Olaf Scholz, Maryam Majd, Woidke, Tino Chrupalla, Sahra Wagenknecht Organizations: BERLIN Reuters —, Olaf Scholz’s Social Democrats, SPD, ZDF, Brandenburg SPD, ARD, Communist, Greens, Free Democrats Locations: Brandenburg, Germany, Berlin, Ukraine, Russia, Thuringia, Saxony, Europe

☆ Sri Lanka's Marxist-leaning Dissanayake in early lead to become president
▼ + stars: | 2024-09-22 | by ( ) www.cnbc.com time to read: +3 min

A man waves Sri Lanka's national flag after climbing a tower near presidential secretariat in Colombo on July 11, 2022, after it was overrun by anti-government protestors. (Photo by ARUN SANKAR/AFP via Getty Images)Sri Lanka's Marxist-leaning leader, Anura Kumara Dissanayake, grabbed a commanding early lead on Sunday in his bid to become the next president of the debt-ridden country seeking to elect a leader to bolster its fragile economic recovery. Dissanayake won about 53% of a million votes counted so far in the election, Sri Lanka's Election Commission data showed. "Though I heavily campaigned for President Ranil Wickremasinghe, the people of Sri Lanka have made their decision, and I fully respect their mandate for Anura Kumara Dissanayake." This was Sri Lanka's first election since the economy buckled in 2022 under a severe foreign exchange shortage, leaving the country unable to pay for imports of essentials including fuel, medicine and cooking gas.

Persons: ARUN SANKAR, Anura Kumara Dissanayake, Dissanayake, Sajith Premadasa, Ranil Wickremesinghe, Peremuna, Ali Sabry, Ranil Wickremasinghe, Kumara Dissanayake, Lanka's, Gotabaya Rajapaksa Organizations: Getty Images, Marxist, Sri, National, Power, JVP, International Monetary Fund, IMF Locations: Colombo, Sri Lanka's, Saturday's, Sri Lanka

As the Fed lowers its benchmark rate, mortgage rates are expected to ease in 2024 and 2025. A lot of people assume that when the Fed cuts rates, mortgage rates will drop, too. By the time the Fed actually gets around to cutting rates, mortgage rates typically already reflect the impact of that cut. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.

Persons: they've, Freddie Mac Organizations: Federal Reserve, Fed, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs Locations: Chevron

☆ How to know if a financial robo-advisor is right for you
▼ + stars: | 2024-09-22 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

So if you’re looking for help along the way, there are plenty of increasingly low-cost digital and human adviser options. Now they offer a much wider array of services and financial planning tools. Many also offer hybrid solutions: automated portfolio management plus access to human advisers who can help with your more holistic financial planning needs. To figure out if a robo-advisor might be a good fit for you, here are some things to consider:Preference: Digital first or human first? “Perspective, judgment and coaching — talking through something and addressing fears and concerns, such as managing (a client’s) reaction to short-term (market) volatility,” said Paul Brahim, president-elect of the Financial Planning Association and managing director of the Wealth Enhancement Group.

Persons: It’s, ”, Paul Brahim, ” Brahim, Brian Concannon, —, ” Concannon, you’re, “, Ben Johnson, Morningstar’s, it’s, Johnson, Schwab Organizations: CNN, Financial, Association, Vanguard, Vanguard Digital, Fidelity

☆ A Jewish Delta Air Lines flight attendant is suing the carrier over a ham sandwich and a Yom Kippur shift
▼ + stars: | 2024-09-22 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Read previewDelta Air Lines is being sued by a Jewish flight attendant who is claiming religious discrimination, according to a lawsuit seen by Business Insider. This story is available exclusively to Business Insider subscribers. Sheva, a California resident, has worked for Delta for two-and-a-half years, performing his duties in "a satisfactory manner," the complaint says. But despite Sheva's employee profile "clearly stating that he is Hebrew-speaking, Jewish and vegetarian, he was provided with a ham sandwich," the complaint continues. Sheva took time off work to recover after both incidents, but the complaint says that Delta "engaged in behavior to belittle" his injuries.

Persons: —, Sasi Sheva, Delta, Sheva Organizations: Service, Business, United States, Court, Southern, of, Delta Locations: of New York, California, Yom Kippur

Learn moreThe 2024 WNBA regular season has come to a close, but the Playoffs are just getting started. We've compiled everything you need to know about how to watch the WNBA Playoffs, including both cable and live streaming options. ET on ESPNHow to watch the WNBA Playoffs in the USRound 1 of the WNBA Playoffs will air across ESPN, ESPN2, and ABC. Check price at ExpressVPNHow to watch the WNBA Playoffs with a VPNSign up for a VPN if you don't already have one. WNBA Playoffs Round 1 scheduleRound 1 games tip-off on September 22.

Persons: We've, They'll, we'll, ExpressVPN Organizations: Business, WNBA, Las Vegas Aces, Seattle Storm, New York Liberty, Aces, Atlanta, Indiana Fever, Connecticut Sun, Minnesota Lynx, Phoenix Mercury, ESPN, ABC, Sling, ESPN Indiana, ABC Phoenix, ESPN Seattle, ESPN2, Orange, ESPN3, New York Liberty ESPN, Connecticut Sun ABC, Minnesota Lynx ESPN, Las Vegas Aces ESPN, Connecticut Sun ESPN, . Indiana Fever, Phoenix Mercury ESPN2 Locations: ExpressVPN, York, Connecticut, Minnesota, Vegas

☆ 4 senior campaign officials for Mark Robinson step down in wake of CNN report
▼ + stars: | 2024-09-22 | by ( Dianne Gallagher | Daniel Strauss | ) edition.cnn.com time to read: +5 min

CNN —Four top operatives on Republican Mark Robinson’s campaign for North Carolina governor have stepped down, the campaign announced on Sunday, days after a CNN report uncovered inflammatory comments he made on a porn website. Robinson has a long history of making inflammatory statements but the newly unearthed message board posts go a step beyond. In an interview with CNN on Thursday, Robinson repeatedly denied that he made the comments on Nude Africa. Since the CNN report, some North Carolina Republicans have moved to pressure Robinson to drop out – though the state deadline for him to officially withdraw as a candidate has passed. Neither the Robinson campaign nor Nude Africa responded to inquiries from CNN.

Persons: Republican Mark Robinson’s, Conrad Pogorzelski III, Chris Rodriguez, Heather Whillier, Jason Rizk, Robinson, ”, ” Robinson, “ I’m, GOP’s Mark Robinson, Mark Robinson, Kamala Harris ’, Donald Trump, CNN’s KFILE, Trump, “ Martin Luther King, “, ‘, Martin Luther King, ” Trump, CNN’s Andrew Kaczynski, Em Steck, Eric Bradner Organizations: CNN, Republican, Africa, North, North Carolina GOP, North Carolina Republican Party, Republicans, North Carolina Republicans, Trump Locations: North Carolina, Nazi, Wilmington, Greensboro , North Carolina

☆ California wildfire forecast: Season primed for action in the months to come
▼ + stars: | 2024-09-22 | by ( Mary Gilbert | ) edition.cnn.com time to read: +6 min

It’s been a typical fire season in California so far based on overall statistics. Josh Edelson/AFP/Getty ImagesTo have a fire like the Bridge Fire grow so rapidly without Santa Ana winds is “fairly significant and unusual,” Chavez remarked. In early June, abnormally dry conditions only existed in about 1% of California, according to the US Drought Monitor. Where peak fire danger could still be to comeFall marks a critical inflection point for fire season in California given typical weather conditions. Chavez is “always” concerned about what Santa Ana winds could unleash on the fire season in Southern California.

Persons: It’s, Tim Chavez, Chavez, Josh Edelson, ” Chavez, it’s what’s, Daniel Swain, Swain, ” Swain, Joshua Tree, “, David Swanson, ” Organizations: CNN, CAL FIRE, Getty, Santa Ana, University of California, US Drought Monitor, National Interagency Fire Center Locations: California, Northern California, San Diego, Santa Ana, Tehama County , California, AFP, Santa, Los Angeles, Southern California, Southern, Running Springs , California

☆ Inside the island fortress of America's mega-billionaires
▼ + stars: | 2024-09-22 | by ( Guthrie Scrimgeour | ) www.businessinsider.com time to read: +21 min

An Israeli-designed radar system encircling the island can detect passersby, in low visibility, from half a mile away. Often described as "butlers with badges," the Indian Creek police force is unlike most of its counterparts. The Indian Creek radar can detect objects on the water and use artificial intelligence to classify them according to the risk they pose. With the new security system, the Indian Creek police appear to have turbocharged their enforcement of regulations in the surrounding waters. Properties in the neighborhood are also being bought up by opaquely named LLCs tied to Indian Creek residents.

Persons: —, I've, I'm, — they're, Norman Braman's, Tom Brady, Carl Icahn, Jeff Bezos, we've, Tiffany, William Henry Hoover, Frank Woolworth, Saratta, Gerardo Vildostegui, Vildostegui, it's, Irma Braman, Bernard Klepach —, Mike Bullman, Chandan Khanna, Justin Ross, who's, Ross, Gail Golden, Javier Holtz, Marko Gojanovic, Gojanovic, he's, Dina Goldentayer, Don Shula, opaquely, LLCs, Julio Iglesias, Surfside, Tim Will, Will, America's, Elon Musk, you'd, there's, Brian Daniel, Low, John Bernardo, Klepach, Guthrie Organizations: Public Space Research, City University of New, Indian, Jewish, Indian Creek Country, Security Solutions, Police, Getty, Biscayne, Indian Creek Police, Marquis Bank, Miami Dolphins, BI, CUNY Locations: Indian, Biscayne Bay, America, Miami, Qatar, Israeli, City University of New York, Florida, Surfside, Surfside's, York City, United Kingdom, Japan, Germany, India, stoke, Washington , DC

☆ Quad group expands maritime security cooperation at Biden's farewell summit
▼ + stars: | 2024-09-22 | by ( ) www.cnbc.com time to read: +5 min

US Secretary of State Antony Blinken (R) prepares to pose for a group photo with Australia's Foreign Minister Penny Wong (2nd R), Japan's Foreign Minister Yoko Kamikawa (2nd L) and India's Foreign Minister Subrahmanyam Jaishankar (L) at the start of their Quad Ministerial Meeting at the Iikura Guest House in Tokyo on July 29, 2024. The leaders announced joint coast guard operations next year that will include Australian, Japanese and Indian personnel spending time on a U.S. coast guard vessel. The leaders' joint statement included sharp language about North Korea, condemning its ballistic missile launches and "malicious cyber activity." "But I think China's recent maritime aggression could be changing the equation for India and could be prompting India to become a bit more open to the idea of Quad security cooperation," she said. Before the summit, Albanese met with Biden at his home and discussed bilateral cooperation between the two close allies across defense and security, including in the Indo-Pacific.

Persons: Antony Blinken, Penny Wong, Yoko Kamikawa, Subrahmanyam Jaishankar, Joe Biden, Biden, Fumio Kishida, Narendra Modi, Anthony Albanese, Xi Jinping, he's, Lisa Curtis, Kishida, Modi, Albanese, Donald Trump, Kamala Harris Organizations: Australia's Foreign, Japan's, India's, of, Indian, Australian, Pacific Partnership, Maritime Domain, House, Analysts, East China Seas, East China, U.S, China, Center, New, New American Security, congressional Locations: Tokyo, of Australia, India, Japan, United States, China, Delaware, U.S, Beijing, South China, South, East, Taiwan, Philippines, Brunei, Malaysia, Vietnam, North Korea, Islands, Southeast Asia, Asia, New American, Australia, Philadelphia

☆ Park your cash in these 3 places to get higher yields than money-market funds as interest rates fall, according to Goldman Sachs
▼ + stars: | 2024-09-22 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

3 trades for falling interest ratesFor investors concerned about the yield on their cash, one solution might be ultrashort bond funds. In the last 12 months, ultrashort bond funds have materially outperformed taxable money market funds, returning an average of 6.36% compared to 5.09% for money markets, according to Morningstar. McCarthy recommends investing in a mix of ultrashort securities such as investment-grade corporates, asset-backed securities, and government securities for diversification purposes. AdvertisementThe Nuveen Ultrashort Income ETF (NUSB) and the Goldman Sachs Access Ultrashort Bond ETF (GSST) are examples of ultrashort bond funds. Investors can gain exposure to premium income funds through the SPDR SSGA US Equity Premium Income ETF (SPIN) and JPMorgan Equity Premium Income ETF(JEPI).

Persons: —, Scott Diamond, Brendan McCarthy, Goldman Sachs, Morningstar, McCarthy, Diamond Organizations: Service, Federal Reserve, Equity, Business, Goldman Sachs Asset Management, Bond, Bond ETF, JPMorgan Ultrashort, Investors, JPMorgan Equity Locations: Treasurys

☆ The self-driving future will look unremarkable. That's the point.
▼ + stars: | 2024-09-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

The view of the Waymo depot from Sophia Tung's apartment. To be clear, Waymo's cars are impressive. AdvertisementA surveillance company reached out to Sophia Tung to upgrade her Waymo livestream equipment. Sophia TungSince it went up on YouTube, Tung's livestream has received a few upgrades. Every hour, a digital goose will also pop up somewhere on the screen — an homage to the once-honking cars, the engineer said.

Persons: —, Sophia Tung, Tung, Sophia Tung's, Tung's, ennui, Waymo, BI's Peter Kafka, livestream, It's, Christine, John Carpenter's, Stephen King, Christine doesn't Organizations: Service, YouTube, Business, Logitech, Radio, San, PACE, Plymouth, NBC Bay Area Locations: Waymos, Market, San Francisco, Tung, Sophia, German

☆ A veteran chartmaster shares 7 investments to make ahead of a rare buying opportunity as US stocks stagnate
▼ + stars: | 2024-09-22 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewUS equities are trading near record highs after the Federal Reserve cut interest rates last week, but a long-time chartmaster doesn't believe the euphoria is warranted. Add in an unclear path forward for interest rates and geopolitical risks, and Keller said stocks will struggle to break past today's levels. Homebuilders such as DR Horton (DHI) can be a prime beneficiary of lower interest rates, Keller pointed out. "And when you think about what that means, that usually means: really good setup for homebuilders. Utilities also stand out, not only due to their defensive qualities, but because their yields look more attractive as falling interest rates weigh on bond yields.

Persons: —, doesn't, David Keller, Keller, Whoever's, Donald Trump, Kamala Harris, Harris, Jeff Muhlenkamp Organizations: Service, Federal Reserve, Fed, Business, Sierra Alpha Research, Republican, Enphase, Trump, Utilities Locations: StockCharts.com

☆ 2024 NFL Week 3: The best of Sunday’s games and the standout storylines
▼ + stars: | 2024-09-22 | by ( Ben Morse | ) edition.cnn.com time to read: +14 min

Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8. Ed Zurga/AP Kansas City Chiefs quarterback Patrick Mahomes scrambles during the game against the Baltimore Ravens in Kansas City, Missouri, on September 5. Charlie Riedel/AP The best photos from the 2024 NFL season Prev NextHouston Texans (2-0) @ Minnesota Vikings (2-0) – 1 p.m. ETHouston Texans (2-0) @ Minnesota Vikings (2-0) – 1 p.m.

Persons: it’s, Bryce Young, Tua Tagovailoa, Tagovailoa, Jasen, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Aaron Rodgers, Rodgers, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Nathan Ray Seebeck, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Matt Slocum, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, CJ Stroud, JJ McCarthy, Sam Darnold, Darnold, Justin Jefferson, “, “ You’re, Jalen, Saquon Barkley, Barkley, Derek Carr, Klint, Carr, Kevin Jairaj, Dennis Allen, Allen, ” “, ”, John Harbaugh, Nick Wass, Micah Parsons, I’m, – Organizations: CNN, Carolina Panthers, Miami Dolphins, Buffalo Bills, USA, Sports, Reuters Kansas City Chiefs, Cincinnati Bengals, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, Vikings, AP New Orleans Saints, Dallas Cowboys, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Las Vegas Raiders, Shutterstock Dallas Cowboys, Cowboys, Cleveland Browns, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Reuters Miami Dolphins, Jacksonville Jaguars, Dade Police, Miami Herald, Tribune, Service, Getty Images Pittsburgh Steelers, Atlanta Falcons, Steelers, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Reuters, New England Patriots, Patriots, Bengals, Getty Images Minnesota Vikings, New York Giants, AP Buffalo Bills, Arizona Cardinals, Bills, Green Bay Packers, Philadelphia Eagles, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, Baltimore Ravens, AP Baltimore Ravens, AP Kansas City Chiefs, Arrowhead, Houston Texans, Texans, AFC Wild, New York Jets, Panthers, New Orleans Saints, New, Eagles, Saints, New Orleans, Super, Ravens, Baltimore, Wednesday, ” Ravens, Raiders, Indianapolis Colts, Los Angeles Chargers, Pittsburgh Steelers, Denver Broncos, Tennessee Titans, Seattle Seahawks, Detroit Lions, Los Angeles Rams Locations: Miami Gardens , Florida, Kansas City , Missouri, Minneapolis, Arlington , Texas, Santa Clara , California, Inglewood , California, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, East Rutherford , New Jersey, Orchard Park , New York, São, South America, Minnesota, –, New Orleans, Philadelphia, New, Dallas

Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley's artificial intelligence darlings. In the past year, funding for AI companies by Middle-Eastern sovereigns has increased fivefold, according to data from Pitchbook. Few venture funds have deep enough pockets to compete with the multibillion-dollar checks coming from the likes of Microsoft and Amazon . MGX was launched as a dedicated AI fund in March, with Abu Dhabi's Mubadala and AI firm G42 as founding partners. For the U.S., having sovereign wealth funds invest in American companies, and not in global adversaries like China, has been a geopolitical priority.

Persons: Goldman Sachs, Prince Mohammed bin Salman's, Uber, LIV, UAE's Mubadala, MGX, Abu Dhabi's Mubadala, Anthropic, Andreessen Horowitz, Jamal Khashoggi, It's, Bpifrance, WeWork spiraled, Jared Cohen, there's Organizations: United, CNBC, Microsoft, Gulf Cooperation Council, Saudi Public Investment Fund, Abu, Abu Dhabi Investment Authority, Qatar Investment Authority, BlackRock, Global Infrastructure Partners, Saudi, U.S, Saudi Company, Artificial Intelligence, Washington Post, SoftBank, Goldman Sachs Global Institute Locations: Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Pitchbook, Abu Dhabi, Temasek, Singapore, China, UAE

The Federal Reserve cut interest rates in its September meeting. With inflation starting to level off and the Fed cutting interest rates in its September 18 meeting, many experts believe rates have only just started dropping. After all, lower rates help consumers save when they borrow money, but they also translate to lower rates on savings accounts and money market accounts. For example, borrowing money at lower rates can make it easier to purchase a home, finance a car, or start a business. Lower interest rates can also help potential homebuyers buy a pricier home, since less of the mortgage payment they qualify for goes toward interest each month.

Persons: It's, Jennifer Beeston, it's, Beeston, Stephen Kates, Cliff Ambrose, Ambrose, Lawrence D, doesn't, Holly Johnson Freelance, Holly Johnson, Johnson Organizations: Federal Reserve, Savings, Apex Wealth, U.S . News, Club Locations: RetireGuide, U.S

☆ American Companies' China Profits Are Declining; Increased War Chance
▼ + stars: | 2024-09-22 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Without the promise of profits, American firms are also becoming less willing to go to bat for China — to reinforce the idea that China's market is crucial to the success of their futures. No demandAfter pandemic lockdowns ended in 2023, the Chinese economy experienced what is known on Wall Street as a "dead cat bounce." What money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. Related storiesWhat money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. It gives corporations, already under financial pressure as China's economy declines, even less reason to act as interlocutors encouraging stability between Washington and Beijing.

Persons: Washington —, Xi Jinping, Lee Miller, lockdowns, They're, Xi, Yi Gang, Michael Pettis, Tesla, Elon Musk, it's, Ball, Jamie Dimon, It's, China's, Goldman Sachs, Ray Dalio, seeping, Miller, Kamala Harris, Donald Trump, Harris, —, Trump, Biden, we're, Cordell Hull Organizations: Apple, Nike, Chinese Communist Party, People's Bank of, Carnegie Endowment, China Business Council, Starbucks, Street, Bridgewater Associates, Beijing, East Asia State Department, CCP, Trump, State Department, Republicans, Financial, Broadcom, Nvidia, Biden Administration Locations: China, America, Beijing, Washington, American, South China, Taiwan, People's Bank of China, Shanghai

☆ Analysis: Kamala Harris vs. Donald Trump is the closest presidential race of the century
▼ + stars: | 2024-09-22 | by ( Harry Enten | ) edition.cnn.com time to read: +7 min

On average, according to the latest CNN Poll of Polls, Harris is ahead by 3 points. Instead, it is a race to 270 electoral votes through the Electoral College. Per CNN’s current race ratings, Harris starts at 225 electoral votes to Trump’s 219. A win in Nebraska’s 2nd District would likely give Harris exactly 270 electoral votes when added to Michigan, Pennsylvania and Wisconsin. Some Nebraska Republicans, urged on by Trump, want to change the state’s method of allocating electoral votes to a winner-take-all format.

Persons: Donald Trump, Kamala Harris, Harris ’, Harris, Joe Biden, –, Nate Silver, Trump, he’s, Biden, SSRS Organizations: CNN, White, Republican, Electoral, CBS News, NBC News, Democratic, CBS, NBC, ABC News, Fox News, The New York Times, Siena College, Trump, Harris, Electoral College, Congressional, Trump North, Cornhusker, Nebraska’s, Nebraska Republicans, Democrat, Nebraska, Silver State Locations: Nebraska’s, Michigan, Pennsylvania, Wisconsin, Arizona, Georgia, Michigan , Pennsylvania, Nevada, North Carolina, Trump North Carolina, Maine, Omaha

☆ Netanyahu considering plan to force all Palestinian civilians out of northern Gaza to besiege Hamas
▼ + stars: | 2024-09-22 | by ( Mick Krever | ) edition.cnn.com time to read: +5 min

CNN —Israeli Prime Minister Benjamin Netanyahu is considering a plan to force all Palestinian civilians out of northern Gaza, including Gaza City, in order to lay siege to Hamas and force the release of hostages. The plan does not mention whether, when, or how civilians would be allowed to return to northern Gaza. The idea comes from a group of retired Israeli military generals, who have formally presented it to the Israeli cabinet and a powerful parliamentary committee. “The right thing to do is to inform the approximately 300,000 residents who remained in the northern Gaza Strip, citizen residents, of the following: Not that we are suggesting you leave the northern Gaza Strip, we are ordering you to leave the northern Gaza Strip.”“In a week, the entire territory of the northern Gaza Strip will become military territory. The plan does not tackle the question of whether Palestinians could ever return to northern Gaza, one of its backers told CNN.

Persons: Benjamin Netanyahu, Giora, Kan, Netanyahu, ”, –, General Gershon Hacohen, ’, Meirav Cohen Organizations: CNN, Israeli, Knesset’s Foreign Affairs, Defense, Israel Defense Forces ’, National Security Council, Reserve Fighters, Israel Defense Forces, Office, Yesh Locations: Gaza, Hamas

☆ Record rains bring flooding and landslides to Japan’s quake-stricken region
▼ + stars: | 2024-09-22 | by ( Lex Harvey | ) edition.cnn.com time to read: +2 min

Japan’s weather agency issued its highest emergency warning for Ishikawa prefecture Saturday, urging residents to take extreme precautions in what it said is the heaviest rainfall the region has ever experienced. At least six people are missing, Ishikawa authorities said, and tens of thousands of people have been forced to evacuate, according to NHK. According to the Ministry of Land, Infrastructure, Transport and Tourism, four workers who were doing earthquake restoration work in Wajima city have gone missing. People remove mud to dislodge a car following flooding in Wajima city, Ishikawa prefecture on September 22, 2024. Yuichi Yamazaki/AFP/Getty ImagesA collapsed bridge is seen following heavy rain in Wajima city, Ishikawa prefecture on September 22, 2024.

Persons: Ishikawa, Yuichi Yamazaki, JIJI Press Organizations: CNN, Ishikawa prefecture, NHK, Ministry of Land, Transport, Getty, JIJI Locations: Japan, Suzu, It’s, Noto, Ishikawa, Infrastructure, Tourism, Wajima, Earthquakes, Ishikawa prefecture, AFP

☆ Top Wall Street analysts find these stocks promising for the long haul
▼ + stars: | 2024-09-22 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Investors seeking stocks that can withstand short-term pressures and deliver over the long term should track the recommendations of top Wall Street analysts. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Recently, Baird analyst Colin Sebastian reiterated a buy rating on Take-Two Interactive stock with a price target of $172. He anticipates the mobile business will contribute around $3.1 billion, and catalog/live services will generate $2.5 billion in the full year. Benedict noted that the August comparable sales growth was sequentially steady compared to the 7.2% increase in July, as stronger traffic was offset by some moderation in average traffic growth.

Persons: Baird, Colin Sebastian, Max Payne, Sebastian, TipRanks, Peter Benedict, bullish, Costco's, Benedict, Doug Anmuth, Anmuth Organizations: Netflix, Wall Street, Costco Wholesale, Costco, JPMorgan Locations: Flora, TipRanks

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