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☆ NFL Week 3 takeaways: Bills and Chiefs on collision course?
▼ + stars: | 2024-09-25 | by ( Ben Morse | ) edition.cnn.com time to read: +17 min

Matt Slocum/AP Kansas City Chiefs quarterback Patrick Mahomes runs the ball against Cincinnati Bengals cornerback Dax Hill during the Chiefs' 26-25 victory in Kansas City, Missouri, on Sunday, September 15. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. 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 NextAre the Bills and Chiefs on an AFC Championship collision course? Through three weeks, the Buffalo Bills and the Kansas City Chiefs look like the teams to beat in the NFL.

Persons: Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Cooper Neill, Allen Lazard, Alex Austin, Brad Penner, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, 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, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Quarterback Patrick Mahomes, haven’t, ” Mahomes, “ We’ve, we’ve, that’s, Todd Kirkland, Josh Allen, New York Jets – Allen, Allen, Mahomes, Adrian Kraus, Burrow, Jeff Dean, ’, Mike McCarthy’s, CeeDee Lamb, McCarthy, Jeffrey McWhorter, ”, Jerry Jones, Caleb Williams, Williams, Jaylon Jones, Zach Bolinger, “, It’s, I’ve Organizations: CNN, NFL, National Football League, Buffalo Bills, Jacksonville Jaguars, Getty Images Minnesota Vikings, Vikings, Houston Texans, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Green Bay Packers, Packers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, New York Jets, New England Patriots, The Jets, USA, Sports, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Cincinnati Bengals, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, AP New Orleans Saints, Dallas Cowboys, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Las Vegas Raiders, Shutterstock Dallas Cowboys, Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Reuters, Patriots, Bengals, New York Giants, AP Buffalo Bills, Arizona Cardinals, Bills, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, AFC, Miami Dolphins, Buffalo, Ravens, Co, Kansas City, Cincinnati, Washington, Associated Press, Pittsburgh Steelers, ‘, New, New Orleans Saints, Dallas, Indianapolis Colts, Colts, USC, Indianapolis, New York Jets New York Giants, Cleveland Browns Chicago Bears, Indianapolis Colts Houston Texans, Minnesota Vikings Philadelphia Eagles, New Orleans Saints Los Angeles Chargers, Pittsburgh Steelers Denver Broncos, Tampa Bay Buccaneers Green Bay Packers, Tennessee Titans Carolina Panthers, Las Vegas Raiders Miami Dolphins, Seattle Seahawks Detroit Lions, Arizona Cardinals Baltimore Ravens, Dallas Cowboys San Francisco 49ers, Los Angeles Rams Kansas City Chiefs, Atlanta Falcons Jacksonville Jaguars Locations: Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, East Rutherford , New Jersey, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Santa Clara , California, Inglewood , California, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Kansas, Buffalo, New Orleans, Baltimore, Pennsylvania

☆ 'Don't fight the Fed': Barclays and Citi turn bullish on these stocks after rate cut
▼ + stars: | 2024-09-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

The move prompted Wall Street giants Barclays and Citi to adopt a more optimistic stance on global cyclical stocks. Barclays believes the Federal Reserve's actions are "clearly designed to pull out all the stops to achieve a soft landing" for the economy. Barclays strategists noted that "cyclicals typically rebounded steadily after the Fed started its rate cut cycle ... as long as it was not followed by a recession." Citi strategists share a similar outlook for European stocks. "The scale of the downgrades has become so extreme of late that we're now approaching a point where negative ERI may be a useful contrarian indicator," the Citi strategists said.

Persons: Emmanuel Cau, Beata Manthey, we're, Safran, Atlas, — CNBC's Michael Bloom Organizations: Federal Reserve, Wall Street, Barclays, Citi, Fed, Siemens, BBVA, ING, Holcim, ASM Locations: United States

☆ China needs more than rate cuts to boost economic growth
▼ + stars: | 2024-09-25 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Cfoto | Future Publishing | Getty ImagesBEIJING — China's slowing economy needs more than interest rate cuts to boost growth, analysts said. He expects Beijing will likely ramp up fiscal stimulus due to weak growth, despite reluctance so far. "The market is forming a medium to long-term expectation on the U.S. growth rate, the inflation rate. As for Chinese government bonds, Ding said the firm has a "neutral" view and expects the Chinese yields to remain relatively low. He pointed out that monetary easing still requires fiscal stimulus "to achieve the effect of expanding credit and transmitting money to the real economy."

Persons: Larry Hu, That's, Edmund Goh, Yifei Ding, Ding, CF40, Pan Gongsheng, Haizhong Chang, Chang Organizations: China Resources, Getty, BEIJING, People's Bank of China, Macquarie, U.S, of Finance, PBOC, Ministry of Finance, Fitch Locations: China, Nanjing, Jiangsu province, abrdn, Beijing, U.S, Invesco

☆ Analysts warn Coinbase could slump after crypto exchange scored a 6-day rally
▼ + stars: | 2024-09-25 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Analysts are warning that Coinbase could be entering a down trend after the stock scored a six-day-long advance. In early trading Wednesday, Coinbase rose as much as 1.3%, paving the way for what may be its seventh straight gain. "Coinbase looks very toppy to me as the recent bounce out of the oversold condition looks to be stalling out," Wolfe Research macro strategist Rob Ginsberg told CNBC. Lau also cited muted trading volume on crypto exchanges and pressure on subscription and services revenue due to the declining interest rate outlook. But cryptocurrency "trading volume could jump" when interest rates move even lower and if bitcoin again challenges its all-time high, Lau noted.

Persons: Coinbase, Wolfe, Rob Ginsberg, Tamplin, Owen Lau, Oppenheimer, Lau, bitcoin, Bitcoin, Nick Wells Organizations: Wolfe Research, CNBC Locations: bitcoin

☆ My brother proposed to his girlfriend at my wedding. I was the one who suggested it.
▼ + stars: | 2024-09-25 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +6 min

He was surprised — Kenrick told my coworker, "There's no way. My brother and I are extremely closeGrowing up, my brother Andrew Matamoros and I were always very close. My brother and my husband also knew, of course, and the wedding videographer and photographer were in on it so they could capture the moment. But I was also so happy to share the day with my brother and his now-wife. I wouldn't have shared my wedding day with anyone else.

Persons: Rebekah Matamoros, Kenrick Roach, Kenrick, — Kenrick, we've, Andrew Matamoros, Andrew, Jinnese, Bro Organizations: Service, LinkedIn Locations: Houston, Singapore, Jinnese Matamoros, Jinnese

☆ LA metro bus: 1 dead and suspect in custody after gunman hijacks city bus, Los Angeles police say
▼ + stars: | 2024-09-25 | by ( Lauren Mascarenhas | ) edition.cnn.com time to read: 1 min

(CNN) – One person is dead after a gunman hijacked a Los Angeles city bus overnight, leading police in pursuit around the city for more than an hour before the suspect was taken into custody. A person was found in the bus early Wednesday with gunshot wounds, then taken to a hospital, where they died, Los Angeles Police Department Deputy Chief Donald Graham said. The bus driver and a passenger were rescued from the bus after police eventually stopped it with spike strips before a SWAT team moved in for the rescue, he said. Police did not immediately have information about the suspect’s motive, and the investigation continues. The bus driver “is in relatively good spirits, though a bit shaken up,” Graham said.

Persons: Donald Graham, ” Graham Organizations: CNN, Los Angeles Police Department, Police Locations: Los Angeles

☆ Rodri: Manchester City star out for ‘a long, long time’ with knee ligament injury
▼ + stars: | 2024-09-25 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Manchester City star Rodri has sustained a knee ligament injury that will keep him off the pitch indefinitely, the club has confirmed. He is one of four City players nominated for the 2024 edition of soccer’s most coveted individual prize. Last season, the Citizens lost just three Premier League matches, with all three defeats coming during a period when Rodri was suspended. Since the Spaniard’s Premier League debut, City has lost a third of the games from which he has been absent. Michael Regan/Getty Images“When a team doesn’t play with the best midfielder in the world for a long, long time, it is a big blow,” said Guardiola.

Persons: Rodri, City, Pep Guardiola, “, ”, ” Rodri, d’Or, soccer’s, Rodri limps, Michael Regan, Guardiola Organizations: CNN, Manchester City, Arsenal, Watford, Reuters, League, Champions League, City, Citizens, Premier League, Spaniard’s Premier League Locations: Spanish, Spain, Manchester, City’s

☆ 2 passengers were injured when United Airlines pilots responded to an inflight collision warning
▼ + stars: | 2024-09-25 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Read previewThe FAA has opened an investigation after two passengers were injured when a United Airlines plane responded to an alert from a midair collision system. AdvertisementThe FAA said in a statement that the flight responded to an onboard alert about another aircraft in the vicinity. The Traffic Alert and Collision Avoidance System (TCAS) helps prevent midair collisions by monitoring the surrounding airspace and alerting pilots about nearby aircraft. The system sounds an alarm in the cockpit, and the pilots notify the air traffic controller that they are responding to a TCAS alarm, Kevin Karpé, a former air traffic controller and air traffic manager, previously told Business Insider. However, last year, concerns rose about a spike in the number of collision close calls taking place in the US.

Persons: —, Kevin Karpé, Karpé, it's Organizations: Service, FAA, United Airlines, San Francisco International Airport, Business, Boeing, The New York Times, The Times Locations: Newark

☆ U.S. Senate committee faults Boeing safety practices, FAA oversight
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +3 min

Boeing CEO Dave Calhoun testifies before a subcommittee of the Senate Energy and National Resources Committee on the company's safety culture, following a number of recent incidents on Boeing airplanes, Washington, DC, June 18, 2024. A U.S. Senate panel investigating Boeing 's safety culture on Wednesday faulted the planemaker's quality practices and oversight by the Federal Aviation Administration citing documents obtained in an ongoing investigation. The Senate Permanent Subcommittee on Investigations, which is holding a hearing Wednesday with FAA Administrator Mike Whitaker, said Boeing workers continue to feel pressure to prioritize speed of production over quality. Boeing said it has "taken important steps to foster a safety culture that empowers and encourages all employees to share their voice, but it will require continuous focus." The FAA did not comment but Whitaker said at a House hearing Tuesday that Boeing needed to undertake significant safety culture improvements that might not be completed for years.

Persons: Dave Calhoun, Mike Whitaker, Whitaker, Whitaker's Organizations: Senate Energy, National Resources Committee, Boeing, U.S, Senate, Federal Aviation Administration, Investigations, Democratic, FAA, Alaska Airlines, Justice Department, DOJ Locations: Washington, DC

A couple, who argued with a passenger who reclined her seat, won't be flying with Cathay Pacific ever again. Cathay Pacific has not responded to CNBC's request for comment, but said in the statement that it "sincerely" apologized for the incident. The woman, who narrates parts of the video that was posted on the same platform, said the couple harassed her after she declined to return her seat to the upright position. Eventually, she was moved to another seat, the video showed. However, Cathay Pacific said in its statement that onboard staff had issued two "serious" verbal warnings to the two disruptive passengers.

Persons: Instagram Organizations: Cathay Pacific, London . Cathay, Cathay Locations: Hong Kong, London, London . Cathay Pacific, Cathay Pacific

☆ An ex-Twitter employee won a legal battle over unpaid severance. Experts say it could spark more claims.
▼ + stars: | 2024-09-25 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA former Twitter employee's victory in a legal dispute over unpaid severance could prompt more ex-staff to pursue cases against the social media company, legal experts have said. AdvertisementThe ex-Twitter worker's win is the first of what experts say could lead to many more similar resolutions. X and Musk are also facing a lawsuit over severance terms from 100 former Twitter workers who were fired in 2022. Related storiesBloom said they are still aggressively pursuing their cases and have scheduled individual arbitration hearings for each of the clients.

Persons: —, Elon, Elon Musk, Shannon Liss, Riordan, Jamie E, Wright, Russel Morgan, Morgan, Lisa Bloom, Musk, Bloom, Gary Rooney, Rooney, Liss Organizations: Service, Twitter, Bloomberg, Business, Elon, The Wright Law, Morgan Legal, Northern District of, Workplace Relations Locations: Elon Musk's, Northern District, Northern District of California

☆ The Olivia Nuzzi-RFK Jr. story is still spinning out — and New York mag staffers have questions
▼ + stars: | 2024-09-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

As news of the Olivia Nuzzi-RFK Jr. scandal tore through media and government circles over the past week, with increasingly titillating details emerging, those inside the New York magazine fold began to wonder about their own fallout. In a note to readers, New York called it a "violation of the magazine's standards around conflicts of interest and disclosures." Nuzzi said in a statement to The New York Times that the relationship wasn't physical. She is currently on leave from the magazine, and the magazine is conducting a more thorough third-party review. AdvertisementNew York mag didn't say who was conducting the third-party review or what additional information it hoped to learn from it.

Persons: Olivia Nuzzi, she'd, Robert F, Kennedy Jr, Oliver Darcy, Kennedy, Nuzzi, Donald Trump, Kennedy didn't, wasn't, David Haskell, Vox, Brian Leung, Haskell, Haskell —, EIC Adam Moss, Tirhakah Love, Love, Corey Lewandowski's, Trump Organizations: Service, RFK Jr, New York, Washington, New York Times, Business, Media, Employees, Staff, Trump, Vox Media, Hollywood, Penske Media Locations: New York, Israel, , New York

☆ Secret Service failures before Trump rally shooting were ‘preventable,’ Senate panel finds
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +7 min

But that information was not relayed to key Secret Service personnel who were interviewed by Senate investigators. The Senate report comes just days after the Secret Service released a five-page document summarizing the key conclusions of a yet-to-be-finalized Secret Service report on what went wrong, and ahead of a Thursday hearing that will be held by a bipartisan House task force investigating the shooting. "This was the result of multiple human failures of the Secret Service," said Kentucky Sen. Rand Paul, the top Republican on the panel. Investigators found that many of the people in charge denied that they had responsibility for planning or security failures, and deflected blame. Democrats and Republicans have disagreed on whether to give the Secret Service more money in the wake of its failures.

Persons: Donald Trump, Butler, Michigan Sen, Gary Peters, Peters, Thomas Matthew Crooks, Trump, rallygoer, Crooks, Anthony Guglielmi, Kentucky Sen, Rand Paul, Ronald Rowe Jr, Republican Sen, Ron Johnson of Organizations: Senate Homeland Security, Governmental Affairs Committee, Democratic, Service, Communications, Republican, Secret Service, Senate, Trump, Secret, Advance, United States Secret Service, Republicans Locations: Butler , Pennsylvania, U.S, Pennsylvania, Michigan, Trump's Florida, Kentucky, Ron Johnson of Wisconsin

☆ Boomers Regret Not Taking Sick Days, Time Off From Work Like Gen Z
▼ + stars: | 2024-09-25 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

"I was sort of raised that you do a hard day's work and you're honest, and things will work out for you — it's a two-way street between you and your employer," he says. After publishing the article about Gen Z's predisposition to take time away, I got a lot of feedback from older generations. Some of it was predictable "the kids these days" complaints lamenting that nobody wants to work nowadays, that work ethic has disappeared, etc. "When you work for yourself, you're working for one of the biggest jerks you've ever worked for," he said. None of the boomers I talked to was in favor of people calling out of work willy-nilly.

Persons: Ron Sherman, Sherman, Gen, youngs, wasn't, Zoomers, who's, they're, It's, millennials, David Johnston, Johnston, You've, he'd, There's, Dave Kotwitz, Kotwitz, Charlie Stuart, He'd, David Vequist, Paul Miola, Miola, boomer, Xers, Chris Woods, they'd, Woods, that's, willy, nilly, it's, you'd, Emily Stewart Organizations: American, Silvis, Business Locations: Wisconsin, Texas, Charlotte , North Carolina

☆ Gold’s hitting new records again. Here’s what it means for the economy
▼ + stars: | 2024-09-25 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

Gold, traditionally perceived as a haven, has climbed roughly 30% this year, outperforming the benchmark S&P 500 index’s 20% gain. Fresh consumer confidence data on Tuesday indicated that Americans are feeling pessimistic about the US economy and future of the job market. JPMorgan Chase researchers said in a note on Monday that they expect the yellow metal to continue running toward their 2025 target price of $2,850 an ounce as the Fed brings down rates. Silver, another precious metal that tends to move in tandem with gold, has jumped roughly 34% this year, outperforming the yellow metal. New moves from China to revive its economy also has the potential to lift precious metals, said Rhind.

Persons: Jerome Powell, ”, Kristina Hooper, JPMorgan Chase, “ There’s, Will Rhind, Rhind Organizations: New, New York CNN, Federal Reserve, Traders, JPMorgan, Treasury, GraniteShares, Citi Locations: New York, China, Turkey, India, China’s

Engineer Don Kramer is slated to testify as the investigation continues into the implosion of OceanGate's Titan submersible. The Coast Guard opened a public hearing earlier this month that is part of a high level investigation into the cause of the implosion. Coast Guard officials noted at the start of the hearing that the submersible had not been independently reviewed, as is standard practice. Wreckage of the Titan was subsequently found on the ocean floor about 330 yards (300 meters) off the bow of the Titanic, Coast Guard officials said. OceanGate said it has been fully cooperating with the Coast Guard and NTSB investigations since they began.

Persons: Don Kramer, Stockton Rush, David Lochridge, Rush, ” Lochridge, William Kohnen, Bart Kemper, Guillermo Sohnlein, ” Sohnlein, “, OceanGate, Titan Organizations: National Transportation Safety, Coast Guard, Titanic, Stockton, The Coast Guard, Hydrospace, Inc, Kemper Engineering, Rush, Polar, NTSB, Associated Press Locations: Washington, Polar, St, John’s, Newfoundland

☆ Gold touches record high on rate-cut bets, weaker U.S. dollar
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +2 min

Gold bars sit in a vault at the Perth Mint Refinery, operated by Gold Corp, in Perth, Australia, on August 9, 2018. Gold hit a record high on Wednesday, boosted by a softer U.S. dollar and hopes of more interest rate cuts, while investors looked for new signals for the Federal Reserve's interest rate trajectory. Spot gold was steady at $2,658.08 per ounce, as of 0557 GMT, after hitting an all-time high of $2,670.43 earlier. On Tuesday, China announced a slew of support measures including outsized rate cuts, after the U.S. Fed cut rates by 50 basis points last week. Inflows to gold exchange-traded funds, particularly from Western investors, will rise in the coming months, providing further support for record-high bullion prices, analysts said.

Persons: Gold, Kelvin Wong, OANDA's, Wong, Michelle Bowman, Jerome Powell's, heightening Organizations: Perth Mint Refinery, Gold Corp, U.S, Fed, Asia Pacific, Traders Locations: Perth, Australia, China, Beirut

☆ Treasury yields inch higher as investors consider the state of the economy
▼ + stars: | 2024-09-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The 2-year Treasury yield was last at 3.533% after rising by just over one basis point. U.S. Treasury yields were slightly higher on Wednesday as investors weighed economic data and considered the state of the economy. Economic data points will therefore be watched closely in the coming days and weeks as concerns about a potential slowdown of the economy linger. Later this week, investors will also hear from various Fed officials including Chairman Jerome Powell. At the end of the week, key economic data in form of the latest personal consumption expenditures price index is also set to be published.

Persons: Dow Jones, Jerome Powell Organizations: Treasury, Federal Reserve, PCE Locations: U.S

☆ 10 things to watch in the stock market Wednesday, including automaker downgrades
▼ + stars: | 2024-09-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Top 10 things to watch Wednesday, Sept. 25 — Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jeff Marks, Morgan Stanley's, Adam Jonas, Jonas, Tyson Food, Piper Sander, KeyBanc, they've, Wells, Baker Hughes, Halliburton, SLB, Baird, Gabrielle Fonrouge, Expedia, Cowen, Oppenheimer, Jim Cramer's, Jim Cramer, Jim Organizations: Club, Nvidia, Micron, U.S, Ford, General Motors, Hewlett Packard Enterprise, Barclays, Juniper Networks, Micro, Dell Technologies, Union Pacific, Department, Google, Jim's, Jim Cramer's Charitable, CNBC Locations: U.S, China

☆ India confirms first case of deadlier mpox strain
▼ + stars: | 2024-09-25 | by ( Manveena Suri | Aishwarya S Iyer | ) edition.cnn.com time to read: +3 min

New Delhi CNN —India has confirmed its first case of a deadlier strain of mpox, which has raised alarm among health officials around the world over the rapid pace of its spread. On Wednesday, the state’s Health Minister Veena George hailed Kerala’s “robust health care system” for detecting the case. The strain has since been detected in several countries outside Africa, including Sweden and Thailand. Mpox, formerly known as monkeypox, is a viral disease that can spread easily between people and from infected animals. Clade II was responsible for a global outbreak that WHO also declared a global health emergency from July 2022 to May 2023.

Persons: Veena George, Kerala’s, Dr, Shubhin, ”, George Organizations: New, New Delhi CNN, state’s, Democratic, World Health Organization, WHO, CNN, Authorities, Health Locations: New Delhi, India, Kerala, Dubai, Democratic Republic of Congo, Africa, Sweden, Thailand, Mpox, Kerala’s Mallapuram

☆ A boomer said he's struggling to survive on Social Security after retiring early to care full-time for his wife
▼ + stars: | 2024-09-25 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

As Americans increasingly rely on Social Security and other retirement income to get by, high medical expenses could throw years of retirement planning out of balance. AdvertisementRetiring early to be his wife's caretakerPapalia had a goal to retire in 2015 at age 65 so he could receive Social Security benefits and have enough saved that money wouldn't be a huge issue. However, in 2010, he retired to care for his wife full-time, taking a buyout from his company that lasted until 2014. Marie's medical care was expensive, and they also cared for two dogs, both of whom had costly medical issues. Scraping by and making sacrificesPapalia receives $2,132 a month in Social Security before taxes and insurance and $1,900 from his pension, while Marie gets $1,113 a month from Social Security.

Persons: —, Robert Papalia, Marie, They're, Papalia, they're, wouldn't, She's, they've, We're, it's, he's Organizations: Service, Business, BI, Social Security, Social, Security Locations: Burlington , New Jersey, New Jersey, Pennsylvania

☆ Google files EU antitrust complaint accusing Microsoft of stifling cloud competition
▼ + stars: | 2024-09-25 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Google filed an antitrust complaint with the European Commission Wednesday accusing Microsoft of using unfair licensing contracts to stifle competition in the multibillion-dollar cloud computing industry. At the heart of Google's complaint is the allegation that Microsoft uses unfair licensing terms to "lock in" clients and exert control over the cloud market. Referring to the CISPE settlement, Microsoft said in a statement Wednesday that it expects the European Commission to dismiss Google's complaint. "Microsoft settled amicably similar concerns raised by European cloud providers, even after Google hoped they would keep litigating," a Microsoft spokesperson told CNBC via email. "Having failed to persuade European companies, we expect Google similarly will fail to persuade the European Commission."

Persons: CISPE Organizations: Google, European, Wednesday, Microsoft, Microsoft Office, Commission, CNBC, European Commission

Secret Service advance agents did not request a surveillance team, which could have helped patrol the rally for approximately 15,000 attendees. The lead advance agent for the Secret Service could not even answer the committee when asked who secured the building. Other security requests deniedTrump’s Secret Service security detail requested Counter Assault Team liaisons ahead of the July 13 rally but were denied. The liaison would provide specialized tactical advice to other Secret Service agents and law enforcement on the ground. The lead advance agent also told the committee she requested 13 magnetometers from Secret Service, but only received 10.

Persons: Donald Trump, Thomas Matthew Crooks, Trump, Jill Biden, “, ” Sen, Richard Blumenthal, Abbott, Costello, ‘ who’s, ” Nobody, Butler, –, ”, Crooks, wasn’t, “ It’s, Sen, Rand Paul, whoever’s, ” Paul, ” Blumenthal, Kimberly Cheatle, “ I’m, there’ll, what’s Organizations: CNN, Secret, Secret Service, Service, Connecticut Democrat, Trump, Agents, Emergency Services Unit, Emergency, Unit, US Secret Service, Butler, FBI, SAIC, Trump’s, Kentucky Republican, Capitol Locations: Butler , Pennsylvania, Connecticut, Pittsburgh, Butler, Iran, Kentucky

☆ Trump Media stock pops 11% as DJT looks to claw back from post-lockup sell-off
▼ + stars: | 2024-09-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

DJT stock rose at the opening bell and popped higher around 10 a.m. Trump Media closed more than 5% higher Tuesday, snapping a six-day losing streak. Stock Chart Icon Stock chart icon Trump Media (DJT) Stock PriceTrump Media shares at Monday's close were at their lowest in the roughly six months since the company went public after merging with a blank-check firm. Some experts still see Trump Media, which currently boasts a market cap of more than $2.5 billion, as highly overvalued. Trump Media continued to slide ahead of the expiration of lockup agreements that had barred Trump and other company insiders from selling their shares.

Persons: Anna Barclay, Donald Trump, Trump, Joe Biden, Kamala Harris, Biden Organizations: Getty Images Trump Media, Trump Media, Truth, Price Trump Media, Republican, Trump Locations: Monday's

☆ European markets sober up after getting a Chinese stimulus boost
▼ + stars: | 2024-09-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. LONDON — European stocks are expected to open in negative territory Wednesday, paring gains from the previous session on the back of Chinese stimulus measures. The U.K.'s FTSE index is expected to open 46 points lower at 8,237, Germany's DAX down 49 points at 18,924, France's CAC 40 down 27 points at 7,568 and Italy's FTSE MIB down 181 points at 33,686, according to data from IG. European stocks traded higher Tuesday, buoyed by China's central bank monetary stimulus measures with mining, technology and household goods the best-performing sectors. Positive sentiment in Europe comes after Asia-Pacific markets climbed Tuesday after Beijing's announcement of a range of policy easing measures aimed at stimulating the economy.

Persons: Germany's DAX Organizations: LONDON, CAC, IG Locations: Paris, France, Europe, Asia, Pacific

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