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As a New York City resident, I've been hesitant about becoming a Costco member. I finally joined over the summer and decided to compare city and suburb locations. Go to newsletter preferences Thanks for signing up! AdvertisementI now live in New York City and, after joining Costco, assumed I would order products online. Still, I needed to know: Is a New York City Costco the same as the suburban Costco I've visited in the past?
Persons: I've, , Zers, Costco's, Gary Millerchip, Insider's Dominick Reuter, Costco I've Organizations: New, Costco, Service, New York City Costco Locations: New York City, Long, , New York, New Orleans, Manhattan, East Harlem, Westbury, Here's
China on Friday reported better-than-expected retail sales and industrial production for September. Retail sales grew 3.2% from a year ago, better than the 2.5% growth estimated by analysts in an LSEG poll, the National Bureau of Statistics said. Meanwhile, industrial production expanded 5.4% in September from a year ago, more than the 4.5% expected by analysts. He noted that year-to-date retail sales data showed "cautious sentiment among consumers." From January to September, retail sales grew 3.35%, nearly same as the growth reported for January through August at 3.36%.
Persons: Gary Ng, Ng, , Bao Organizations: Costco, National Bureau of Statistics, Natixis, Investors Locations: Nanjing, Jiangsu Province, China . China, China, Beijing, Covid
In yet another incident, crowds of angry drivers gather outside an apartment complex, demanding justice for a fellow delivery driver said to be bullied by security guards there. They’re among the many episodes of explosive confrontations across China involving delivery workers widely circulated on Chinese social media, showing people stretched to the breaking point. As China’s economy grapples with a raft of setbacks, from a protracted property crisis to a lack of consumer spending, delivery workers are taking a beating. That eats into delivery workers’ income as their pay is usually tied to a commission based on the price of the order. In 2019, a delivery driver died after he was hit by a tree knocked over by strong winds in Beijing, according to state media Global Times.
Persons: , , Jenny Chan, Chan, they’ve, Greg Baker, Morningstar, Alibaba, , Lu Sihang, Lu, China’s, Gary Ng, ” Ng, Pedro Pardo, Workers.cn, Yang, Justin Robertson Organizations: Hong Kong CNN, Polytechnic University of Hong, Getty, iiMedia Research, CNN, China New Employment Research Center, Research, China Labour Bulletin, Polytechnic University, Global Times, Chongqing Broadcasting Group Locations: Beijing, Hong Kong, China, Polytechnic University of Hong Kong, AFP, Chinese, Hunan
Billionaire Mark Cuban is hitting the stump for Kamala Harris. AdvertisementWhile former President Donald Trump turns to Tesla CEO Elon Musk, Vice President Kamala Harris has a billionaire of her own to help the campaign's home stretch. Harris will stump with billionaire investor and former "Shark Tank" star Mark Cuban on Thursday in Wisconsin. Cuban's campaign appearances come amid speculation that the billionaire might aspire to join Harris' administration if she wins the election. During a previous press call hosted by the Harris campaign, Cuban conceded that Gensler's actions remain an open wound.
Persons: Mark Cuban, Kamala Harris, Harris, , Donald Trump, Elon Musk, Doug Emoff, Trump, Gary Gensler, Cuban Organizations: Service, Trump, Securities and Exchange, cryptocurrency, Cuban, Politico, SEC, Dallas Mavericks Locations: Wisconsin, Cuban, Harris, Arizona, Michigan, Butler , Pennsylvania
CNN —Lebanese nationals residing in the United States will be granted a form of humanitarian relief, the Department of Homeland Security announced Thursday, citing ongoing armed conflict and conditions in Lebanon. White House officials have met with Lebanese Americans at least twice over the course of recent weeks, and there have been multiple virtual meetings and phone calls between Lebanese Americans and officials on VP Harris’ team where this issue has been raised, two Lebanese Americans familiar with the exchanges told CNN. In Michigan – where the Arab American community is a critical voting bloc – this move could boost Harris’ support, the Lebanese Americans familiar with the exchanges said. “TPS will allow us to protect Lebanese nationals who are already in the United States. Earlier this year, Biden granted Lebanese nationals in the United States temporary protections from deportation.
Persons: Biden, Kamala Harris ’, Harris, Alejandro Mayorkas, Alabas Farhat, , Joe Biden, Sens, Gary Peters, Dick Durbin, Ben Cardin Organizations: CNN, Department of Homeland Security, White, Lebanese, Homeland, TPS, Michigan –, “ TPS Locations: United States, Lebanon, Israel, Michigan, Lebanese
FBI agents on Thursday arrested an Alabama man for his alleged role in the Jan. 9 hack of the Securities and Exchange Commission's X account, which sent the price of bitcoin spiking by more than $1,000, the Department of Justice announced. The tweet said, "Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges." Shortly afterward, the SEC regained control of its social media account, and announced the tweet was false and the result of a hack. A day after the hack, the SEC approved rule changes that allowed the creation of bitcoin ETFs in the United States. Council, who used the online handles "Ronin," "Easymunny," and "AGiantSchnauzer," allegedly was paid in bitcoin by co-conspirators for his role in the hack.
Persons: Eric Council Jr, Gary Gensler Organizations: Securities, Exchange, Department of Justice, Northern, Northern District of, Prosecutors, SEC, BTC, DOJ, Council, FBI Locations: Alabama, Northern District, Northern District of Alabama, United States
A young-voter advocacy group backing Vice President Kamala Harris is launching a campaign on TikTok meant to target young voters — but not necessarily those backing former President Donald Trump. The Voters for Tomorrow campaign underscores just how tight the race is between Harris and Trump. “It’s not about winning the White House,” Gates said of the long-shot Stein campaign. “A vote for Stein is really a vote for Trump,” says the voice-over, before playing a clip of Trump praising Stein. In response to the TikTok campaign, Stein campaign manager Jason Call called for a debate between Harris and Stein.
Persons: Kamala Harris, Donald Trump, Jill Stein, Harris, , Elizabeth Holmes, Anna Delvey, , Katy Gates, she’s, ” Gates, Stein, Hillary Clinton, Trump, Clinton, Gen, Santiago Mayer, “ It’s, Mayer, “ We’re, we’re, doesn’t, Jason Call, ” TikTok, TikToker Organizations: Voters, Green Party, NBC, Young Democrats, , Tomorrow, NBC News, Trump, White, DNC Locations: Wisconsin, Gates, Pennsylvania , Michigan, Pennsylvania
Celebrated New York City rapper and former firefighter Ka, whose real name was Kaseem Ryan, has died, according to his social media accounts. A cause of death was not available, and a spokesperson for the New York City Office of Chief Medical Examiner did not immediately respond to a request for information. Ryan served the FDNY and the people of the city of New York with distinction for 20 years, working assignments in both the Bronx and Brooklyn," New York City Fire Department spokesperson Jim Long said by email. In a 2016 profile headline, music publication The Fader called Ka "New York Rap's Greatest Living Treasure." The announcement on Ka's Instagram page said he produced 11 albums under his name.
Persons: Ka, Kaseem Ryan, , , Capt, Ryan, Jim Long, Ferraris, Wu, Tang Clan, Roc Marciano, Jeff Weiss, hadn't, he's, Gary Grice, GZA, Mimi Valdes, Organizations: New York City, NBC News, New, Office, FDNY, Bronx and, York City Fire Department, Ka's, York, Pitchfork, Brooklyn Locations: Brownsville, New York, Bronx and Brooklyn, York City, Tang, GZA
Adam Gray | Afp | Getty ImagesA political action committee supporting former President Donald Trump has raised about $7.5 million in cryptocurrencies. The PAC said the latest filing covered donations in the period of July 1 through Sept. 30, but numbers included cumulative contributions. At least 18 donors gave more than $5.5 million in bitcoin to Trump 47, the filing shows. Trump said in his keynote that his campaign had raised $25 million from the crypto industry, though he didn't specify the split between digital tokens and dollar donations. Among the new donors is Chase Herro, one of the co-founders of the Trump family's new crypto project World Liberty Financial.
Persons: Eric Trump, Donald Trump, Donald Trump , Jr, Adam Gray, Andreessen Horowitz, Lockheed Martin, David Bailey, bitcoin . Bailey, indoctrinated Trump, Trump, Chase Herro, Mike Belshe, Brian Murray, Craft, David Sacks, Trevor Traina, Bruce Fenton, Gary Cardone, Stuart Alderoty, Alderoty, Sacks, Chris Larsen, Kamala Harris, Forward, Larsen, Gary Gensler, Biden, Marvin Ammori, Tyler, Cameron Winklevoss Organizations: Republican, World Trade, Afp, Getty, Trump, U.S, GOP, PAC, Public Citizen, Lockheed, Duthie Power Services, Esperanza Entertainment, BTC Inc, Liberty Financial, Craft Ventures, Kresus Labs, Chainstone, Cardone Digital Ventures, CNBC, White, SEC, Biden, Harris Locations: New York City, cryptocurrencies, Puerto Rico, bitcoin ., Nashville, bitcoin, XRP, San Francisco, Harris, Bay
In total, Larsen has given around $1.9 million to support Harris' campaign directly and through PACs, according to FEC data compiled by crypto market and blockchain analyst James Delmore and independently verified by CNBC. Nearly half of all the corporate money flowing into the election has come from the crypto industry, according to a recent report from the nonprofit watchdog group Public Citizen. "What we've had to date has been almost like purposeful chaos by Gensler to kind of crush the domestic industry," Larsen said. Horowitz said that he and his wife, Felicia, "have known Vice President Harris for over 10 years and she has been a great friend to both of us during that time." On Monday, the Harris campaign unveiled its "Opportunity Agenda for Black Men" in a report.
Persons: Chris Larsen, Donald Trump's, Chris Larsen isn't, Ripple, Kamala Harris, Larsen, who's, Harris, he's, Biden, " Larsen, isn't, James Delmore, that's, Evelyn Hockstein, Andreessen Horowitz, Trump, keynoted, Josh Shapiro, John Deaton, Massachusetts Republican who's, Democratic Sen, Elizabeth Warren, Nancy Pelosi, Gary Gensler, Brad Garlinghouse, Marvin Ammori, Skybridge Capital's Anthony Scaramucci, Scaramucci, Warren, Ben Horowitz, Marc Andreessen, Horowitz, Felicia, Delmore Organizations: YouTube, White, CNBC, Biden, Democratic, Harris, Fund, Forbes, Public Citizen, U.S, Erie International Airport, Democratic Pennsylvania Gov, Massachusetts Republican, Nancy Pelosi Victory Fund, Biden PAC, SEC, Trump, Ripple, White House, Sen Locations: Bay, Erie , Pennsylvania, U.S, Nashville , Tennessee, Massachusetts, Washington ,, New York
These “Ryder Cup+” tickets give attendees “access to unlimited food and non-alcoholic beverages at all market concessions throughout the grounds and no extra cost,” according to the Ryder Cup website. “I need to sign a LIV deal so I can afford Ryder Cup tickets,” joked GOLF.com’s Claire Rogers. “What are better things to do with your money than pay this amount for Ryder Cup Tickets? I guess even the Ryder Cup is not immune from inflation,” one user posted on X. Nobody normal is paying $800 for a Ryder cup ticket,” added another.
Persons: Marco Simone Golf, Kevin Van Valkenburg, LIV, , GOLF.com’s Claire Rogers, Gary Kellner Organizations: CNN, Bethpage, Ryder, Country Club, Sunday, America, Europe, Los Angeles Country, PGA, USA, Team Europe Locations: Bethpage Black, Farmingdale , New York, Rome, Los, Europe, Italy
Three U.S.-based academics won the 2024 Nobel economics prize on Monday for their research into why global inequality persists, especially in countries dogged by corruption and dictatorship. The laureates have demonstrated the importance of societal institutions for achieving this,” said Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences. Last year, Harvard economic historian Claudia Goldin won the prize for her work highlighting the causes of wage and labour market inequality between men and women. In 2019, economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the award for work on fighting poverty. The economics prize has been dominated by U.S. academics since its inception, while U.S.-based researchers also tend to account for a large portion of winners in the scientific fields for which 2024 laureates were announced last week.
Persons: Simon Johnson, James Robinson, Daron Acemoglu, , Jakob Svensson, Alfred Nobel, Acemoglu, ” Acemoglu, Johnson, Robinson, Milton Friedman, John Nash —, Russell Crowe, Ben Bernanke, Claudia Goldin, Abhijit Banerjee, Esther Duflo, Michael Kremer, Victor Ambros, Gary Ruvkun, Japan’s Nihon Organizations: Royal Swedish Academy of Sciences, Economic Sciences, Bank, Sveriges, Massachusetts Institute of Technology, University of Chicago, Technology, Federal, Research, Harvard, U.S Locations: U.S, Hiroshima, Nagasaki
Because of higher costs, employers are considering new ways to adjust their plan offerings, WTW found. Currently, employers subsidize about 81% of health-care plan costs, on average, while employees pay the remainder, according to professional services firm Aon. For workers, health-care expenses are already high: Family premiums for employer-sponsored health insurance rose 7% this year to an average of $25,572, KFF's 2024 benchmark employer health survey found. Health savings accountsAlong with a high-deductible health insurance plan, more than 50% of employers also offer a health savings account, or HSA, which can help with additional health-care costs. This is called supplemental life insurance, or voluntary life insurance, and it's optional coverage that you can add to your employer's basic group policy.
Persons: Aon, there's, Willis Towers Watson, WTW, Mercer, Beth Umland, Tim Stawicki, Regina Ihrke, Gary Kushner, WTW's Ihrke, Ihrke, Gallagher, Tom Kelly Organizations: Finance, Security, Workers, North, Kushner & Company, IRS Locations: U.S, North America
Elliott Investment Management has requested a special meeting at Southwest Airlines , formalizing the launch of a long-signaled proxy fight for control of the carrier's board. Elliott has also trimmed the size of its board slate from 10 director candidates to eight, after Southwest shrunk its board size from 15 to 12. CNBC reported last month that Elliott was preparing to call a special meeting. David Hess, who joined Southwest's board in 2021, was also on the board of Arconic in the midst of its proxy fight with Elliott. Elliott has never before called for a special meeting, which at Southwest carries a higher threshold of approval compared with voting at a regularly scheduled shareholder meeting.
Persons: Elliott, Bob Jordan, Gary Kelly, David Hess, Elliott . Hess, Jordan, Southwest's, John Pike, Bobby Xu, — CNBC's Leslie Josephs Organizations: Hartsfield, Jackson Atlanta International, Elliott Investment Management, Southwest Airlines, Southwest, CNBC, Alcoa, Artisan Partners, Salesforce, Starbucks Locations: Atlanta , Georgia
My brother was always the dungeon master, and I was a wizard who cast fireballs in very enclosed spaces. They have the coolest accessories.”Author Shelly Mazzanoble details what lessons parents can learn from Dungeons & Dragons in her upcoming book, “How to Dungeon Master Parenting." Dawndra Budd/University of Iowa PressOn the 50th anniversary of Dungeons & Dragons, I talked with Mazzanoble to learn how parents can apply the game’s lessons to their parenting. Then it just occurred to me: Why couldn’t I think about parenting the way a dungeon master thinks about a game of D&D? E. Jason Wambsgans/Chicago Tribune/Getty ImagesCNN: What is sandbox framing, and how does that apply to both Dungeons & Dragons and parenting?
Persons: CNN —, Gary Gygax cocreated, Shelly Mazzanoble, ” Mazzanoble, , Dawndra Budd, Mazzanoble, I’m, — I’m, Gary Gygax, Jason Wambsgans, , Shannon Carpenter, Dad ” Organizations: CNN, &, University of Iowa Press, Chicago Tribune, Getty Locations: Keller , Texas, Kansas City , Missouri, Lake Geneva , Wisconsin
Crews encountered obstacles that entrapped ships or submerged them beneath ice-covered waters, creating an enduring mystique about what went wrong. Ocean secretsThe 3D scan of HMS Endurance makes it appear as though the ship was lifted from the bottom of the ocean. Falklands Heritage Maritime Trust/National GeographicAn awe-inspiring 3D scan has brought the shipwreck of Antarctic explorer Ernest Shackleton’s HMS Endurance, found in 2022, back to life. Meanwhile, a more somber finding gleaned from DNA identified the cannibalized remains of James Fitzjames, captain of the HMS Erebus. Other worldsAstronomers using the Hubble Space Telescope watched the shape of Jupiter's Great Red Spot change over 90 days.
Persons: Crews, Ernest Shackleton’s HMS, Shackleton, James Fitzjames, Sir John Franklin, Fitzjames, Trailblazers, David Baker, Demis Hassabis, John Jumper, John Hopfield, Geoffrey Hinton, Victor Ambros, Gary Ruvkun, Matthew Dominick, John Henry Patterson, Thomas Gnoske, Joseph DePasquale, , Indiana Jones, , Ashley Strickland, Katie Hunt Organizations: CNN, Heritage Maritime Trust, University of Washington, Google, Princeton University, University of Toronto, University of Massachusetts Medical School, Harvard Medical School, NASA, International Space, Space, Chicago’s Field, Hubble, European Space Agency, CNN Space, Science Locations: Antarctica, Weddell, Canada’s Nunavut, London, North America, Europe, Kenya, Civil, Petra, Jordan
A Detroit man was arrested after allegedly slashing the neck of a 7-year-old girl this week at a park. Lansky approached the girl at the park and cut her throat with a knife before fleeing the scene, Detroit police said. A spokesperson for Detroit police said the department already completed its investigation and handed it to the prosecutor's office, which determined the charges. He was released on $2 million bond and placed under house arrest with a GPS tether, according to the prosecutor's office. A bond redetermination hearing is set for Monday and a probable cause conference is scheduled for Wednesday, the prosecutor's office said.
Persons: Gary Lansky, Lansky, Maria Miller, Lanksy Organizations: Prosecutor's Office, Islamic Relations, Detroit, CAIR, Detroit Police Department, Court Locations: Detroit, Wayne, American
In 2014, the 53-year-old founded her Minnesota-based communications firm, Digital and Savvy, to provide public relations services to large companies and CEOs, from Target to entrepreneur Gary Vaynerchuk. That was after she worked as a public relations executive for over 10 years in the Middle East, most notably as Google's head of communications for that region. One habit helped Abouelenein continue advancing her career even after starting over in another country, she tells CNBC Make It. Though she's a public relations veteran and successful CEO, she still took a "finance for non-finance executives" course last year. "In today's world, everything is changing rapidly," Chaudry told CNBC Make It recently, adding that "the way you work, how you work, where you work — all that is changing."
Persons: Maha Abouelenein, Gary Vaynerchuk, doesn't, Abouelenein, Aneesh Raman, she's, We're, Jay Chaudhry, Chaudry Organizations: Digital, CNBC, Research Locations: Minnesota
About 165 million Americans rely on employer-sponsored health insurance and yet, workers may still not get the coverage they want — particularly when it comes to drugs like Wegovy and Novo Nordisk's diabetes drug Ozempic. One in three employees are looking for more resources to combat obesity, according to a recent report by consulting firm Gallagher. Glucagon-like peptide-1 treatments such as Wegovy and Ozempic, which mimic hormones produced in the gut to suppress a person's appetite, are considered game changers on this front. Already, prescription drug costs jumped 8.6% last year, due in part to a surge in the use of GLP-1 drugs, according to a recent report by Mercer. "It becomes a lifelong drug," said Gary Kushner, chair and president of Kushner & Company, a benefits design and management company.
Persons: Gallagher, Trilliant, Mercer, Sunit Patel, actuary, Gary Kushner Organizations: Finance, Security, Kushner & Company Locations: U.S, Mercer's
The Nobel Prize in literature was awarded Thursday to South Korean author Han Kang for what the Nobel committee called “her intense poetic prose that confronts historical traumas and exposes the fragility of human life.”Mats Malm, permanent secretary of the Swedish Academy’s Nobel Committee, announced the prize in Stockholm. Han, 53, won the International Booker Prize in 2016 for “The Vegetarian,” an unsettling novel in which a woman’s decision to stop eating meat has devastating consequences. The literature prize has long faced criticism that it is too focused on European and North American writers of style-heavy, story-light prose. On Wednesday, three scientists who discovered powerful techniques to decode and even design novel proteins were awarded the Nobel Prize in chemistry. The prize carries a cash award of 11 million Swedish kronor ($1 million) from a bequest left by the award’s creator, Swedish inventor Alfred Nobel.
Persons: Han Kang, ” Mats Malm, International Booker, Annie Ernaux of, Victor Ambros, Gary Ruvkun, John Hopfield, Geoffrey Hinton —, Alfred Nobel Organizations: International, North Locations: Korean, Swedish, Stockholm ., Annie Ernaux of France
Watch CNBC's full interview with IBM vice chair Gary Cohn
  + stars: | 2024-10-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with IBM vice chair Gary CohnGary Cohn, IBM vice chair, joins 'Money Movers' to discuss how investors should feel about inflation, what the Federal Reserve should do, and how Cohn would prefer the last mile of inflation be wiped away.
Persons: Gary Cohn Gary Cohn, Cohn Organizations: IBM, Federal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed will cut rates by 100 basis points this year, says IBM's Gary CohnGary Cohn, IBM vice chair, joins 'Money Movers' to discuss how investors should feel about inflation, what the Federal Reserve should do, and how Cohn would prefer the last mile of inflation be wiped away.
Persons: Gary Cohn Gary Cohn, Cohn Organizations: IBM, Federal
Former double agent Naveed Jamali rates 12 spy scenes in movies and TV, such as "Casino Royale," for realism. Jamali was a double agent, operating as an FBI asset posing as a recruit for the Russian GRU, from 2005 to 2009. After the operation, Jamali was appointed as an Intelligence Officer in the United States Navy Reserve. He also cowrote a book detailing his double agent operation, "How to Catch a Russian Spy: The True Story of an American Civilian Turned Double Agent." You can find "How to Catch a Russian Spy: The True Story of an American Civilian Turned Double Agent" here.
Persons: Naveed Jamali, Jamali, Charlize Theron, Tom Cruise, Henry Cavill, Simon Pegg, Daniel Craig, Robert Downey Jr, Scarlett Johansson, Jon Favreau, Gwyneth Paltrow, Angelina Jolie, Jennifer Lawrence, Gary Oldman, Benedict Cumberbatch, Tom Hardy, Brad Pitt, Robert Redford, S2E9, Oleg Kulikov Organizations: FBI, United States Navy Reserve, Newsweek, American, YouTube Locations: American, Russian, United States
Former FTX executive Ryan Salame is heading to prison on Friday. A judge ordered Salame to 7.5 years in prison earlier this year for his role in FTX's collapse. AdvertisementFormer FTX executive Ryan Salame prepared to start his 7 ½ year prison sentence with one final Very Online post. "I'm happy to share that I'm starting a new position as Inmate at FCI Cumberland," Salame posted on Wednesday. Salame's prison start date was delayed several times after a dog bit him.
Persons: Ryan Salame, , Sam Bankman, Salame, Caroline Ellison, Gary Wang, Nishad Singh, Donald Trump, He's, Michelle Bond, Lewis Kaplan Organizations: LinkedIn, Service, Prosecutors, Alameda Research, FTX's, Republican Locations: Cumberland , Maryland, Cumberland, Alameda, Nashville
A former Google executive, Abouelenein is the founder and CEO of global communications firm Digital and Savvy. You can build your professional reputation in three steps, according to Abouelenein: Do good work, add value, and foster strong relationships. "Reputation is like a currency," she tells CNBC Make It. Foster strong relationshipsA good way to cement your reputation is to have people who can vouch for you. Instead of me having to promote my reputation, I decided I'm gonna do really good work and let that tell people who I am.
Persons: it's, Maha Abouelenein, Abouelenein, Mills, Weber, Halle Berry, Gary Vaynerchuk, Foster Organizations: Google, Digital, CNBC, Netflix, Uber Locations: Minnesota, Egypt, Dubai
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