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Washington CNN —US home-price growth accelerated in February at the fastest annual pace since November 2022, a sign that America’s housing market remains tough amid elevated mortgage rates. Of the 20 cities, San Diego saw the biggest increase in home prices in February, a steep 11.4% rise, followed by Chicago and Detroit. America’s housing market began to recover in the beginning the year as home sales surged from decades-lows in the fall and homebuilders began to feel to more upbeat about the economy. Mortgage rates have followed suit, since they track the 10-year yield. Economists don’t expect mortgage rates to drop meaningfully this year, and they could continue to climb if inflation remains stuck.
Persons: homebuilders, Freddie Mac Organizations: Washington CNN, Federal Reserve, National Association of Realtors, Treasury Locations: San Diego, Chicago, Detroit, Portland , Oregon
Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023. Revenue from Amazon Web Services came out to $25.04 billion, according to the company's earnings statement. The growth marked a step up from the 13% increase Amazon reported for AWS in the fourth quarter. Analysts polled by StreetAccount had expected $7.52 billion in AWS operating income. The AWS operating margin widened to 37.6%, the widest at least since 2014.
Persons: Adam Selipsky, StreetAccount, Gartner, Axios, Anthropic, CFRA's Zino Organizations: Amazon Web Services, Bloomberg Technology Summit, Amazon, Revenue, AWS, Google, Microsoft Locations: San Francisco
Lisa Su, chair and CEO of Advanced Micro Devices, left, and Charles Liang, CEO of Super Micro Computer, speak at the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. Notwithstanding the after-hours move, Super Micro stock is up 205% so far this year, while the S&P 500 stock index has gained 6%. If not for a key component shortage, Super Micro would have delivered more during the quarter, Liang said on a conference call with analysts. In March, Super Micro took the place of Whirlpool in the S&P 500. Reddit, GameStop and Super Micro surge
Persons: Lisa Su, Charles Liang, LSEG, Liang Organizations: Devices, Super Micro Computer, AMD, Super, Hewlett Packard Enterprise, Super Micro, Whirlpool, GameStop Locations: San Jose , California
The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking technology by the end of the decade. They will also require braking at up to 45 mph when a pedestrian is detected. Automatic emergency braking "prevents collisions. It said that technologies like automatic emergency braking have proven "game changing" and that automakers have voluntarily committed to install them on new vehicles. Buttigieg acknowledged the technology is still being perfected — one reason the requirement won't take effect until the end of 2029.
Persons: Biden, Pete Buttigieg, Buttigieg, hadn't, Kathleen Rizk, Power's, Rizk Organizations: U.S ., Transportation Department, Alliance for Automotive Innovation, Governors Highway Safety Association, Research, Consumers, Drivers Locations: San Francisco , California
I visited a Costco in Niagara Falls to see how it compared to US locations in 2022. The Costco I visited looked identical to those in the US, but there were a few key differences. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementGrowing up, my parents loved Costco because they could purchase food for our family of four in bulk for low prices. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Costco, Service, Price Club, Business Locations: Canada, Niagara Falls, San Diego
CNBC TechCheck Evening Edition: April 30, 2024
  + stars: | 2024-04-30 | 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 EmailCNBC TechCheck Evening Edition: April 30, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
Read previewThe embattled insurer Globe Life and its subsidiary American Income Life face new allegations of fraud, kickbacks, and misclassifying its army of sales agents. Neither Globe, AIL, or any affiliated agencies have requested a correction on BI's series, which has been cited in all three short-seller reports. Spokespeople for Globe, AIL, and Arias did not respond to inquiries about the Viceroy report. Viceroy today published excerpts from a civil complaint alleging that Globe Life required recruits to purchase the course from Xcel for $149, $119 of which was kicked back to Globe Life, AIL, and agency executives, an allegation Globe has denied. "As you might expect, these sales tactics do not engender long-term retention of policies," the Viceroy report states.
Persons: , AIL, Fraser Perring, Nate Koppikar, Panda, Arias, Erica Robertson, Robertson, Amy Williamson, Renee Zinsky, Fuzzy Panda, Jamie Winters, Winters, Viceroy, AIL's, Antonio – Organizations: Service, Viceroy Research, Globe, Business, Research, Orso Partners, Insurance Department, Pennsylvania, Arias Organization, Social, Organization, AIL, BI, Department, Xcel, Liberty National Life, Ohio Department of Insurance Locations: Texas, London, Globe, Maryland, Pennsylvania, Arias's Wexford, California, Xcel, Ohio, Antonio
Darren Criss says he’s ‘culturally queer’
  + stars: | 2024-04-30 | by ( Marianne Garvey | ) edition.cnn.com   time to read: +2 min
CNN —The “Glee,” star Darren Criss, who played the queer character Blaine on the show, was a favorite of LGBTQ+ audiences, although in real life Criss identities as a straight, cisgender man. Criss was at the Chicago Comic & Entertainment Expo over the weekend, where he was asked about his “Glee” character being in a gay relationship on the show. But to contextualize it, a gay relationship on mainstream Fox, that’s a pretty cool thing to be a part of,” he said. Not because I’m trying — you know, actually, I was gonna say not because I’m trying to be cool but I’m gonna erase that, because I am trying to be cool. “And I’d say that’s a gross generalization, that’s a lot of things and a lot of people.
Persons: Darren Criss, Blaine, Criss, Glee, that’s, , PFLAG, I’ve Organizations: CNN, Chicago Comic, Entertainment, Fox Locations: San Francisco
California Coast Credit Union is currently offering a 5-month CD with a rate of 9.50% annual percentage yield (APY). For a limited time, the California Coast Credit Union is offering 9.50% APY on its 5-month "Celebration Certificate" CD in honor of its 95th anniversary. While some credit unions offer membership to anyone in the nation, California Coast Credit Union isn't one of them. You also can't have previously opened a Celebration Certificate CD, as it's limited to one per social security number. You can't withdraw your money early or add any additional money to the CD after you've funded it.
Persons: it's, you'll Organizations: California Coast Credit Union, San Diego Riverside Orange, San Diego Riverside Orange Los Angeles Ventura Locations: California, Southern California, San Diego Riverside Orange Los, San Diego Riverside Orange Los Angeles Ventura Imperial San Bernardino
Known for his hit songs like "I Remember Everything," "Something in the Orange," and "Heading South," Zach Bryan's 2024 tour celebrates his self-titled album that debuted in 2023. We've got you covered if you're looking to buy tickets to Zach Bryan's 2024 Quittin Time Tour. Zach Bryan 2024 tour scheduleZach Bryan has only just begun his tour, with more than 60 shows remaining throughout 2024. How to buy tickets for Zach Bryan's 2024 concert tourYou can buy standard original tickets to Zach Bryan's 2024 tour through Ticketmaster and AXS. Prices for tickets to Zach Bryan's 2024 tour vary depending on date, location, and demand.
Persons: Zach Bryan, Zach Bryan's, We've, Bryan, Zach Bryan's Atlanta, Jason Isbell, Sheryl Crow, Sierra Ferrell, Matt Maeson, Levi Turner, Here's, MN Sheryl Crow, Sierra, Louis ,, Zach Bryan hasn't Organizations: Business, Vivid, SC, Springs, Las, Kansas City, KY, UT, Ticketmaster, FL, Sierra Ferrell, TN Locations: Brooklyn, Bryan's, Tulsa , Oklahoma, Canada, Brooklyn , New York, Omaha, Louis, Greenville, Knoxville, TN, Oklahoma, Oakland, Los Angeles, CA, Las Vegas, Denver, Detroit, MI, Columbus, Nashville, Orlando, Orleans, LA, Houston, Antonio, Greensboro, NC, Philadelphia, Atlanta, Tampa, Arlington, TX, Kansas, Minneapolis, Forks, Louisville, Edmonton, Vancouver, BC, Tacoma, WA, Portland, Sacramento, Glendale, AZ, Salt Lake City, Tulsa, NY, Columbus , Ohio, Arlington , TX, Philadelphia ,, MN, Antonio ,, Greensboro , NC, Kansas City ,, Tacoma , WA, Sacramento , CA, Columbus ,, Edmonton , Alberta, Vancouver , British Columbia
When university administrators across the nation worry about the potential fallout from campus protests, they may have Siemens Hall in mind. The building at California State Polytechnic University, Humboldt, includes the campus president’s office and has been occupied for a week by pro-Palestinian protesters who barricaded themselves inside and fought off an early attempt by the police to remove them. Protesters have since tagged walls and renamed it “Intifada Hall” by ripping off most of the signage on the brick exterior. The school, situated more than 275 miles north of San Francisco among the ancient coastal redwoods that drip with fog mist, is the site of the nation’s most entrenched campus protest. It has gone well beyond the encampments on student quads elsewhere; at Cal Poly Humboldt, protesters took over the power center of the campus and have rejected increasingly desperate entreaties from officials for them to vacate the premises.
Persons: Tom Jackson Jr Organizations: Siemens, California State Polytechnic University, Humboldt, , Gaza, Cal Poly Humboldt Locations: San Francisco
Thankfully, there are still a few avenues for how to get Billy Joel tickets for his 2024 concert tour and remaining MSG shows. We've got you covered if you're looking for how to buy tickets to Billy Joel's 2024 concert tour. Here's our breakdown of the "Billy Joel in Concert" 2024 tour schedule, purchasing details, and original and resale ticket prices. Billy Joel 2024 tour scheduleBilly Joel's 2024 concert tour is well underway, with only a few more chances to see him play at Madison Square Garden before his residency concludes. How to buy tickets for Billy Joel's 2024 concert tourYou can currently buy standard original tickets for Billy Joel's 2024 concerts through Ticketmaster.
Persons: Billy Joel, We've, Billy Joel's, Joel, you'll, Sting's, Sting, Billy Joel hasn't, Stevie Nicks, Rod Stewart, Louis, Chris Isaak Organizations: Business, New, Madison, Garden, year's, Ticketmaster, MSG, Sting, Cardiff Locations: Madison, New York City, United States, Las Vegas , Nevada, Vienna, Chicago, Denver, Cleveland, St, Louis, Inglewood, San Antonio, Las Vegas, York City, NY, Seattle, WA, Cardiff, Wales, CA, Antonio, Denver ,, Cardiff , Wales
CNN —The National Highway Traffic Safety Administration (NHTSA) is formally investigating Ford’s Blue Cruise hands-free driving system following two fatal crashes. Blue Cruise was first introduced in the 2021 model year and is now available in several models from Ford and Lincoln, the carmaker’s luxury vehicle brand. The investigation specifically involves Blue Cruise in 130,000 Ford Mustang Mach-E electric SUVs. Blue Cruise allows users to take their hands off the steering wheel and feet away from the pedals while driving on selected highways. In both crashes, the Blue Cruise system was in use immediately before the crash.
Persons: Ford’s, Cruise, Blue, Ford Organizations: CNN, Traffic Safety Administration, Ford, Lincoln, Blue Cruise, Reuters, NHTSA Locations: San Antonio, Philadelphia
CNN —Even if your genetics put you at greater risk for early death, a healthy lifestyle could help you significantly combat it, according to a new study. Individuals with genetic risk could extend their lifespan by up to 5.5 years with a healthy lifestyle, the data showed. “Adherence to a healthy lifestyle could substantially attenuate the lifespan reduction for individuals with genetic susceptibility to a shorter lifespan,” Li said. But researchers were able to identify four factors that were associated with the biggest impact on risk of early death. Making lifestyle changesBuilding a healthier lifestyle may sound like a major undertaking, but manageable steps can help you get there.
Persons: Xue Li, Dr, Aladdin Shadyab, Shadyab, Li, ” Li, , Rosamund Dean, , you’ve Organizations: CNN, School of Public Health, Zhejian Univeristy, of Medicine, University of California, National Institute for Data Science, Health, Medicine, Zhejiang University, US Centers for Disease Control, CDC, of Locations: China, University of California San Diego, of Columbia, Guam, Puerto Rico
CNBC TechCheck Evening Edition: April 29, 2024
  + stars: | 2024-04-29 | 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 EmailCNBC TechCheck Evening Edition: April 29, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
But in just a few weeks, her internet bills, and those of other Americans like her, could skyrocket by hundreds of dollars a year. The program is heavily used by Americans over age 50, military veterans and low-income working families nationwide, according to FCC data. Amira Karaoud/Reuters/FileRural and older usersThe ACP has quickly gained adoption since Congress created the program in the 2021 bipartisan infrastructure law. Large swaths of the ACP’s user base trend older; Americans over 65 account for almost 20% of the program. The FCC’s Lifeline program, which dates to the Reagan administration, similarly gives low-income households a monthly discount on phone or internet service.
Persons: Cindy Westman, , I’ll, , Westman, , Westman —, Gigi Sohn, , Biden, Allison Bailey /, Cynthia George, George, ” George, Marc Veasey, They’re, Geoffrey Starks, “ It’s, ” Starks, Amira Karaoud, Walter Durham, I’m, ” Durham, Michelle McDonough, McDonough, she’ll, doesn’t, “ I’m, ” McDonough, Kamesha Scott, Louis, Megan Janicki, ” Janicki, Reagan, Mike Johnson, Blair Levin, Johnson didn’t, Levin, Jonathan Blaine, ” Blaine, they’re Organizations: CNN, Program, Social, Federal Communications Commission, FCC, Capitol, Getty, MSN, White, ” Texas Democratic, , Comcast, ACP, Navy, American Library Association, Lifeline, Republicans, Republican, New, Research, ” Bills Locations: Eureka , Illinois, America, Dallas, Las Vegas, Kentucky, San Diego, United States, Maine, St, Vermont
Even the human-resources firm retained to help employees with offboarding, Tandem, quit soon after the layoffs because it never got paid. Shannon Flynn Bevers, Tandem's president and founder, said that she tried to help employees but that Johnson stopped responding. "When startups go out of business, they will pay employees their final paycheck. Johnson told employees to take a weeklong furlough and blamed the issue on a technical snafu. She also told employees they could file a claim with their state labor department or hire an employment lawyer.
Persons: Slack, Shiloh Johnson, Johnson, they'd, Benjamin Matthews, Shannon Flynn Bevers, I've, Flynn Bevers, VCs, Josh Felser, Aerin Paulo, ComplYant's, I'd, ComplYant, podcaster David Sacks, Michael Tam, Tam, Matthews, Ryan Cady, Lusely Martinez, Martinez, Cady, paychecks, wasn't, Taliah McGuire, McGuire, what's, Shiloh Luckey, Penelope, We've Organizations: Business, offboarding, . Venture, BI, Craft Ventures, ComplYant, Mucker, Slauson, — Mucker, Fika Ventures, Employees Locations: Los Angeles, Shiloh, San Francisco, Colorado, New York, TikTok
Butterfield's parents cofounded Flickr, and their father later cofounded Slack. Their parents, Caterina Fake and Stewart Butterfield, cofounded Flickr in 2004, and Stewart Butterfield went on to cofound Slack. Their disappearance resulted in an extensive search effort in Tenderloin, an area in San Francisco known for homelessness, crime, and drugs. Butterfield's parents, Stewart Butterfield and Caterina Fake, were married from 2001 until 2007, the New York Post reported. Stewart Butterfield cofounded Slack in 2013 with Cal Henderson.
Persons: Butterfield, Slack, , Mint Butterfield, Caterina Fake, Stewart Butterfield, cofound Slack, Christopher, Kio, Dizefalo, Adam Schermerhorn, Schermerhorn, Jyri Engeström, Cal Henderson Organizations: Flickr, Service, Saturday, Police, Marin County Sheriff's, San Francisco, Office, New York Post, Yahoo Locations: San Francisco, Tenderloin, Marin County, Marin
"The Eames chair is basically meme status," said Joel Vanderveen, a 35-year-old from Minnesota who created a subreddit about a decade ago dedicated to all things Eames. "Until the last 10 years, when people would say to me they had an Eames chair, I never knew which one they meant," Kirkham said. The Eames chair is one of those rare luxury goods that checks all those boxes for novices and experts alike, in his view. Not everyone with the Eames chair has a new one, an expensive one, or even a real one. The Eames chair seems eco-friendly, too — they're not going to be tossing it out in two years.
Persons: he'd, that's, Herman Miller Eames, I'd, I'm, Eames, Herman Miller, Amy Auscherman, Herman Miller's, Joel Vanderveen, Charles, Ray Eames, Pat Kirkham, Kirkham, wasn't, it's, It's, Auscherman, Julia Mack, Jennifer Jones, Kyle, He's, Zak Cole, who'd, Shawn Pasternak, they're, Derek Guy, HENRY, Guy, Loren Kreiss, they've, Emily Stewart Organizations: MoMA, Kingston University, Playboy, Porsche, Ikea, Democrat, Business Locations: New York City's Queens, Minnesota, ottoman, London, Brooklyn , New York, San Francisco, Brooklyn, Nashville, Los Angeles, Michigan, Washington, It's, I'm
Guaranteed basic-income programs can help low-income participants afford necessities like rent. Despite legislative opposition, basic-income programs remain active across the country. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIngrid Sullivan, 48, used her cash from the San Antonio guaranteed basic-income program to rent a home where her grandchildren can play in the yard. "My life was always just a couple hundred dollars short," Sullivan told Business Insider.
Persons: , Ingrid Sullivan, Monique Gonzalez, Sullivan Organizations: Service, San Antonio, Jarun Locations: San Antonio, Denver
Mint Butterfield, whose parents are major tech founders, was found safe, police said. Butterfield's parents cofounded Flickr, and their father later cofounded Slack. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Their parents, Caterina Fake and Stewart Butterfield, cofounded Flickr in 2004, and Stewart Butterfield went on to confound Slack.
Persons: Butterfield, Slack, , Sunday . Mint Butterfield, Caterina Fake, Stewart Butterfield, confound Slack, Butterfield's, Jyri Organizations: Flickr, Service, Sunday . Mint, San Francisco Police, Business Locations: California, Bolinas
AdvertisementIt could be all about recessionsSince the 1950s, whenever the US economy fell into a recession, the rate of working men tended to suffer a lasting blow. AdvertisementWhy have recessions appeared to have such a lasting impact on working men? The strong recovery of men working after the pandemic recession could be due to the unique nature of this downturn — which tanked an otherwise healthy economy. And of course, some lucky prime-age men aren't working because they've had a lot of financial success — and already retired. Deciphering how much these explanations have fueled the decline of working men could be worthy of further explanation, the economists said.
Persons: , It's, Abigail Wozniak, Wozniak, David Autor, There's, Jason Furman, Barack Obama's, Elise Gould, Gould, aren't, we've, John M, Coglianese, they've Organizations: Service, Federal Reserve Bank of Minneapolis, Massachusetts Institute of Technology, Washington Post, of Labor Statistics, San Francisco Fed, BLS, Economic, Economic Policy Institute, Federal Reserve
What we learned during the 2024 NFL Draft
  + stars: | 2024-04-28 | by ( George Ramsay | ) edition.cnn.com   time to read: +7 min
CNN —The 2024 NFL Draft drew to a close on Saturday as 257 players were selected by teams from across the league, all hopeful of a bright career lying before them. The 137 selections between Thursday’s first round and Saturday’s fifth round set a record for the longest drought without a quarterback being picked in NFL Draft history. Other offensive players popularInterest in offensive players was high throughout the draft and it was an especially good few days for wide receivers and offensive linemen. Laiatu Latu was the first defensive pick of the NFL Draft. Irrelevant’Jaylen Key is announced as the final pick of the NFL Draft.
Persons: Caleb Williams, Roger Goodell, Gregory Shamus, Williams, Justin Fields, Jayden Daniels, North Carolina’s Drake Maye, , Michael Penix Jr, J.J, McCarthy, Bo Nix, Penix, Kirk Cousins, Dale Zanine, Reuters “, ” Cousins, Mike McCartney, Mike Garafolo, , Kirk, , Nix, Carolina’s Spencer Rattler, Thursday’s, Marvin Harrison Jr, Pro Football Hall of Famer Marvin Harrison, WRs, Jeff Lewis, Rome Odunze, Malik Nabers, Xavier Worthy, Patrick Mahomes, Kingsley Suamataia, ” Mahomes, Brett Veach, Oregon WR Troy Franklin, Latu, Laiatu Latu, Ruke Orhorhoro, Quinyon Mitchell, Iowa’s Cooper DeJean, Jalyx Hunt, “ It’s, Howie Roseman, Jeff Roberson, You’ve, Key, I’m, Brock Purdy, “ We’ve, Brock Organizations: CNN, Chicago Bears, USC, New York Jets, NFL, Bears, LSU, Washington, New England Patriots, North, Atlanta Falcons, Minnesota Vikings, Denver Broncos, Falcons, New Falcons, USA, Sports, Reuters, New, New Orleans Saints, ESPN, Pro Football Hall of Famer, Arizona Cardinals, Rome, New York Giants, Kansas City Chiefs, Texas WR, Chiefs, BYU, Oregon WR, Ducks, Indianapolis Colts, UCLA, ESPN –, Clemson, Philadelphia Eagles, Houston, ” Eagles, Alabama, Jets, San Francisco 49ers, Super Bowl Locations: Detroit, Nashville, Alabama, New Orleans, Texas, Oregon, Toledo, California
The California State Polytechnic University, Humboldt campus will be closed and move to a remote format until the end of the semester due to the continued occupation of at least two campus buildings, according to a statement on Friday. “Campus is now closed through May 10, and work and academic instruction will be remote as individuals continue to occupy Siemens Hall and Nelson Hall East,” the statement said, adding that protesters have attempted “several times to break into multiple locked buildings with the intention of either locking themselves in, vandalizing, or stealing equipment.”The decision is not entirely unexpected as school officials previously said in an update that the campus would remain closed over the weekend and that they were considering keeping it closed beyond that. Demonstrators were given until 5 p.m. Friday to leave with a guarantee of no immediate arrest. CNN has reached out to the university for comment regarding the situation on the campus. Cal Poly Humboldt is a public university in Arcata, California, approximately 275 miles north of San Francisco.
Organizations: California State Polytechnic University, Siemens Hall, Nelson Hall East, CNN, Cal Poly Humboldt Locations: Humboldt, , Arcata , California, San Francisco
I wanted something different for my daughtersIn the US, individualism really makes it difficult to parent, especially as a single parent. I also wanted safety for all of usAs a gay woman, I wanted to live somewhere where I could have rights, community, and safety. In Portugal, children of all ages are found in restaurants at all hours with their families, and parks have kiosks for parents to enjoy drinks while their children play. There isn't an expectation for single moms to show up as if they aren't single moms. I am grateful that Portugal models other ways of being a parent: prioritizing ourselves, our children, and our time.
Persons: Aisha Canfield, I've Organizations: Service, Business, San Francisco Bay Area Locations: Portugal, San Francisco Bay
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