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☆ 28 stocks to buy for up to 162% earnings growth as markets surge another 10%: Goldman Sachs
▼ + stars: | 2024-10-07 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

US stocks are clicking on all cylinders, which led Goldman Sachs to lift its S&P 500 target again. Here are 25 companies set for outstanding earnings growth in 2025. The financial titan originally set its 2024 S&P 500 target at 4,700, then lifted it a month later to 5,100. That would translate to $241 worth of S&P 500 earnings, before an 11% jump in 2025 to $268 and an additional 7% leap in 2026 to $288. This month, the firm shared a coveted list of companies with the strongest expected earnings growth in 2025.

Persons: Goldman Sachs, —, David Kostin, Kostin Organizations: Service, Wall, Apple, Meta, Microsoft, Nvidia, Communication

☆ British billionaire slashes the price of his London mansion by $13 million, saying the rich are fleeing the UK. See inside the storied property.
▼ + stars: | 2024-10-06 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

British billionaire David Sullivan has cut the price of his London mansion by about $13 million. The businessman, who owns the West Ham United soccer club, said he is taking a loss on the property. AdvertisementBritish billionaire David Sullivan has cut the price of his London mansion to £65 million (about $85 million), knocking about $13 million off of the previous asking price. AdvertisementDavenport purchased the house from the Sierra Leone High Commission in 1999.Who is David Sullivan? David Sullivan.

Persons: David Sullivan, Sullivan, —, Knight Frank, Knight Frank Sullivan, Edward Davenport, Kate Moss, Provocateur, Amy Winehouse, Knight Frank Davenport's, Paris Hilton, Daniel Radcliffe, Davenport, Chris Brunskill, Sunday Times Rich Organizations: West Ham United soccer, Service, West Ham United, Bloomberg, Guardian, Sierra Leone High Commission, Getty, Sunday Times, Daily Sport, Sunday Sport, Times, I'm Locations: London, Monaco, Dubai, Marylebone, Portland, Paris

☆ 2024 NFL Week 5: The best of Sunday’s games and the standout storylines
▼ + stars: | 2024-10-06 | by ( Coy Wire | Adam Renuart | ) edition.cnn.com time to read: +23 min

CNN —Football gets an early start Sunday as the NFL kicks off its yearly international tour with the NFL London Games. With a full slate of football from morning to night, here are the three games you don’t want to miss. New York Jets (2-2) @ Minnesota Vikings (4-0) - 9:30 a.m. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. Full Sunday scheduleAway vs. homeNew York Jets (2-2) @ Minnesota Vikings (4-0) – 9:30 a.m.

Persons: Phoebe Schecter, Rob Boras, Sam Darnold, JJ McCarthy, Darnold, –, ” Darnold, “, ” CNN’s Coy Wire, who’s, he’s, He’s, Brock Purdy, Patrick Mahomes, Josh Allen, Allen, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, 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, Rogers, ”, Derrick Henry, resiliency, We’re, Wire, Taylor Rapp, C.J ., Stefon Diggs, Diggs, Troy Taormina, Rasheed Wallace’s, Fields, Tomlin, Russell Wilson, Wilson, Caleb Williams, Micah Parsons, DeMarcus Lawrence, Parsons, James D, Smith, Lawrence, ” Parsons, Mike McCarthy’s Organizations: CNN — Football, NFL, NFL London Games, New York Jets, Minnesota Vikings, Tottenham Hotspur, Sky Sports, Bills, Vikings, ESPN, Jets, “, Buffalo Bills, Atlanta Falcons, ” Minnesota Vikings, AP Buffalo Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Jaguars, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, Jacksonville Jaguars, USA, Sports, Reuters Houston Texans, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Cowboys, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, New, Denver, Ravens, Buffalo, AFC, C.J, Ohio State, GQ, Pittsburgh Steelers, Pittsburgh, Dallas, The Cowboys, Carolina Panthers, Miami Dolphins, Washington, Vegas Raiders, Denver Broncos, Seattle Seahawks Locations: London, Buffalo, Minnesota, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, New England, New York, C.J . Stroud

☆ 2 Boys Charged in Manhattan Assault on Former Gov. David Paterson
▼ + stars: | 2024-10-06 | by ( Chelsia Rose Marcius | More About Chelsia Rose Marcius | ) www.nytimes.com time to read: 1 min

Two boys have been arrested and charged in a street attack on David A. Paterson, a former governor of New York, and his stepson, the police said. One boy, who is 12, was charged with second-degree gang assault, and the other, a 13-year-old, was charged with third-degree gang assault, the police said on Saturday night. Both boys, accompanied by their parents, turned themselves in to the police, according to Sean Darcy, a spokesman for Mr. Paterson. A third person, also a minor, went to the police but was not charged in the Friday night attack in Manhattan, according to an internal police report. Mr. Paterson, 70, said at a news conference on Saturday that he was punched in the shoulder and several times in the face, while his stepson Anthony Sliwa, 20, was knocked to the ground and needed stitches to his lower lip.

Persons: David A, Paterson, Sean Darcy, Anthony Sliwa Organizations: Mr Locations: New York, Manhattan

☆ There’s too much negativity about the stock market. Focus on these 3 positives instead
▼ + stars: | 2024-10-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. We hear about OpenAI and its brilliant $167 billion valuation , but we don't see any stock available to public-market investors. I have been furious at myself for thinking the Chinese government couldn't do anything about the country's struggling stock market. The Chinese stock market has been rallying nicely since the stimulus announcements. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Elon Musk, he's, isn't, Carl Quintanilla, David Tepper, holler, That's, that's, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Federal Reserve, Walmart, Fed, SpaceX, Nike, Walgreens, CVS Health, Club, GE Healthcare, Wynn Resorts, Chinese Communist Party, Apple, PDD Holdings, JD.com, Baidu, Diamondback Energy, Exxon Mobil, CNBC, New York Stock Exchange, Getty Locations: U.S, China, —, New York City

☆ Supreme Court returns to work with an eye on a post-election storm
▼ + stars: | 2024-10-06 | by ( John Fritze | ) edition.cnn.com time to read: +8 min

And Trump is all but guaranteed to resurface at the Supreme Court in coming weeks to clarify the sweeping criminal immunity the court bestowed on him in July. “As matters stand now, this feels like the court is keeping its powder dry in case the election explodes,” Carter Phillips, a veteran Supreme Court litigator, told CNN early last week. A poll released by the Annenberg Public Policy Center on Wednesday found 56% of Americans disapprove of the Supreme Court. Take, for instance, Trump’s ban on travel from predominately Muslim nations, which made repeat trips to the Supreme Court. The Supreme Court has already dipped into next month’s election in a few emergency cases, two of which involved third-party candidates trying to remain on state presidential ballots.

Persons: Kamala Harris, Donald Trump, Trump, ” Carter Phillips, litigator, Biden, Roe, Wade, –, John Roberts, “, ” Lisa Blatt, Roberts, William Rehnquist, Gore, George W, Bush, Sandra Day O’Connor, ” David Cole, it’s, Ketanji Brown Jackson, ” Organizations: CNN, Biden, Alcohol, Tobacco, Firearms, Explosives, ATF, Trump, Annenberg Public, Center, New York Times, Federalist, Chief, ACLU, Georgetown Law, Republican, Democratic, “, Supreme, Human, Department, CBS News Locations: Louisiana, Texas, Mexico, Bush, Tennessee

☆ Blue Origin CEO says he wants to bring Amazon's customer-centric culture to Bezos' space rocket company
▼ + stars: | 2024-10-06 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Jeff Bezos' space rocket company, Blue Origin, has long lagged behind Elon Musk's SpaceX. He is also looking to the November launch of its New Glenn rocket to prove it can compete. AdvertisementJeff Bezos started his Blue Origin rocket company with a mission to make flying to space so cheap it would open up a new era of "entrepreneurial dynamism." Related storiesLimp said boosting engine production and successfully launching the company's signature New Glenn rocket were its two main goals for 2024. Blue Origin did not immediately return a request for comment from Business Insider.

Persons: Jeff Bezos, David Limp, —, Elon, Limp, Glenn, We've Organizations: Elon, SpaceX, Service, Origin, CNBC, Business

☆ 'I am getting increasingly queasy': JPMorgan's strategy chief on why investors should dial back risk amid market distortions
▼ + stars: | 2024-10-06 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

Yet, as markets eye a soft landing, potential shocks pose a higher risk to investors, David Kelly says. The firm's chief global strategist says the promise of a soft landing has encouraged Americans to pour into riskier assets at the exact time they shouldn't be. "I will say that although I think this is positive for the equity market, I am getting increasingly queasy about the fact that the equity market keeps on pricing in a soft landing," Kelly told Business Insider. He said that as the market prices in a soft landing, valuations rise, which means any shock to the market could send asset prices tumbling. According to Fed data, the total aggregate wealth of American households grew by about $50 trillion in the last five years.

Persons: David Kelly, —, Kelly, shouldn't, you've, payrolls Organizations: Service, Asset, Business, Federal

☆ $63 million Royal New Zealand Navy ship capsizes and sinks off Samoa
▼ + stars: | 2024-10-06 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

A New Zealand naval ship caught fire and sank off Samoa; all those on board were rescued. AdvertisementA New Zealand naval ship that cost around $63 million caught fire and sank off the coast of Samoa. The HMNZS Manawanui. Related storiesThe New Zealand government said in 2018 that it would cost NZ$103 million (around $63 million) to buy and convert the ship, Radio New Zealand reported. AdvertisementGolding added that the passengers and crew would be flown back to New Zealand from Samoa on Sunday.

Persons: Manawanui, —, HMNZS Manawanui, Garin Golding, Golding, David Rowland, Shane Arndell Organizations: New, Service, New Zealand's Defence Force, New Zealand Air Force, Radio New Zealand, Royal New Zealand Navy, Component, New Zealand Defense Force, Business Locations: New Zealand, Samoa, Zealand, Upolu, Auckland

In September, the Harris campaign’s spending on ads about crime plummeted to just $28,000, less than 1% of its monthly broadcast TV ad spending. In August, the Harris campaign spent $7.8 million on broadcast TV ads about abortion, about 15% of its total spending that month. Economic themes also dominated Harris campaign advertising throughout August and September. In August, the Trump campaign spent about $15.5 million on broadcast TV ads about immigration, or about 41% of its monthly broadcast TV outlays. In September, that total fell dramatically to just $10,500, less than 1% of the Trump campaign’s total broadcast TV spending.

Persons: Kamala Harris, Donald Trump, Harris, Harris ’, Joe Biden, Roe, Wade, Trump, –, Biden Organizations: CNN, White, Trump, Democratic, San, Republican, Keystone State, Michigan, Georgia, Republicans Locations: California, San Francisco, Housing, Pennsylvania, Michigan, Georgia , Wisconsin , Arizona, North Carolina, Nevada, Keystone, Peach, Georgia, Wisconsin, Arizona, Nebraska

☆ As Trump returns to assassination attempt site, Secret Service is “at a breaking point,” officials say
▼ + stars: | 2024-10-05 | by ( Sarah Fitzpatrick | Sarah Fitzpatrick Is A Senior Investigative Producer | Story Editor For Nbc News. She Previously Worked For Cbs News | ) www.nbcnews.com time to read: +11 min

As Donald Trump visits Butler, Pa., today for the first time since he narrowly survived an assassination attempt there, current and former Secret Service agents fear another security lapse. One law enforcement official told NBC News that the Secret Service is “stretched virtually to the breaking point.”“I hate to say it, they are going to hit rock bottom fast” said one former Secret Service agent. “The Secret Service is upside down on that, maybe operational 99% and 1% training," the former official said. Current and former officials are also concerned about a mass exodus of Secret Service personnel over the next 18 months. U.S. officials say that the challenges at the Secret Service will require a range of changes to ensure long-term stability.

Persons: Donald Trump, Butler, ”, ” Anthony Guglielmi, Paul Eckloff, Obama, President Trump, Eckloff, Camp David, ” Guglielmi, Ron Rowe, Barack Obama, “, Daniel Slim, Kamala Harris, it’s, you’re Organizations: Secret, Secret Service, NBC News, Trump, Service, Agents, United Nations General Assembly, Homeland Security, Getty, U.S . Navy Locations: Pa, “, United States, Camp, New York, AFP, U.S, ”

David Paterson and his stepson were attacked Friday while on a walk in Manhattan by assailants who had “a previous interaction” with the stepson, a spokesperson for Paterson said. Paterson, 70, and his adult stepson both went to a hospital as precaution after the attack on Second Avenue in East Harlem, according to Paterson's spokesperson, Sean Darcy, and New York City police. "Governor Paterson and his stepson were attacked this evening while taking a walk around the block near their home by some individuals that had a previous interaction with his stepson,” Darcy said in a statement. Eliot Spitzer and took over as governor in March 2008 after Spitzer resigned mid-term following a prostitution scandal. Police said when officers arrived, Paterson had injuries to his head and another man had injuries to his face.

Persons: David Paterson, Paterson, Sean Darcy, Governor Paterson, ” Darcy, “, Eliot Spitzer, Spitzer, Darcy Organizations: New York Gov, New York City police, Gov, Police Locations: Manhattan, East Harlem, New York City

Trump plans ‘different’ eventFive days after the shooting, as Trump captivated Republicans in his convention speech in Milwaukee, the former president vowed to never again mention details of the assassination attempt. “Everybody up there, they were amazing,” Trump told the Erie crowd, some of whom cheered when he asked if any of them had been present at the Butler rally. They saw that we were in trouble.”The event Saturday at Butler Farm Show Inc. is expected to be “different” from a typical Trump rally, a senior Trump campaign adviser told CNN. Harris is blasting Trump on health care in Wisconsin, while Trump is hammering Harris on taxes in Georgia. One focus of Harris’ campaign is Latino voters in Pennsylvania, in a bid to stop Trump from eating away at Democrats’ traditionally large margins of victory among non-White voters.

Persons: Donald Trump, “, ‘ We’re, ” Trump, Trump, Joe Biden, Kamala Harris ’, Butler, “ We’re, ’, Corey Comperatore, David Dutch, James Copenhaver, —, Ohio Sen, JD Vance, Elon Musk, Lee Greenwood, Thomas Matthew Crooks, Crooks, Communications Anthony Guglielmi, Harris, Liz Cheney, — Trump, Tim Walz, Hurricane Maria —, Barack Obama, Harris ’, CNN’s Camila DeChalus, David Wright, Kristen Holmes, Zachary Cohen Organizations: CNN, White, Democratic, Trump, Republicans, Erie, Butler, Republican National Convention, SpaceX, Secret Service, Service, Pennsylvania State Police, Communications, Sun, Democrats, Keystone, Republican, Marquette Law, Wyoming, Republican Party, CBS, Democrats ’, Hurricane, Pennsylvania Locations: Pennsylvania, Butler, Pittsburgh, Florida, Milwaukee, Erie, That’s, Butler Township, Michigan , Pennsylvania, Wisconsin, Arizona , Georgia, Nevada, North Carolina, Georgia, Ripon , Wisconsin, Minnesota, Bethlehem, Puerto Rico, Puerto Rican

☆ Ryan Murphy says 'Monsters: The Erik and Lyle Menendez story' is the best thing to happen to the brothers in decades. There is one way the show could help their case.
▼ + stars: | 2024-10-05 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +9 min

He said the show was the best thing to happen to Erik Menendez and Lyle Menendez in 30 years. Lyle Menendez and Erik Menendez killed José Menendez and Kitty Menendez in their family home in 1989. True crime has helped to exonerate peopleRyan Murphy at "Monsters: The Lyle And Erik Menendez Story" premiere. Netflix's Menendez brothers shows wouldn't achieve much in courtLyle Menendez and Erik Menendez during their trial in 1994. Cooper Koch playing Erik Menendez and Nicholas Chavez playing Lyle Menendez in "Monsters."

Persons: Ryan Murphy's, Erik Menendez, Lyle Menendez, —, Ryan Murphy, Erik, José Menendez, Kitty Menendez, Jeffrey Dahmer, Menendez, Netflix didn't, mistruths, Joan VanderMolen, Lyle, o7KEOEoYwr — Tammi Menendez, Murphy, haven't, it's, Steve Granitz, Shima, Steven Avery, Brendan Dassey, Teresa Halbach, Barack Obama, Kathleen Zellner, Avery, Zellner, Baughman, Dassey, Netflix's Menendez, Ted Soqui, Laurie L, Levenson, David W, Netflix's, Malcolm X, " Levenson, they're, Cooper Koch, Nicholas Chavez, Miles Crist, Roy Roselló's, Roselló Organizations: Service, Netflix, Business, Hollywood, BYU Law School, Guardian, Getty, Burcham, Loyola Law School, LA Times, RCA Locations: Utah, Wisconsin, Los Angeles

☆ False claims about the federal response to Helene are an ominous sign for the coming election
▼ + stars: | 2024-10-05 | by ( Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —False claims about the federal response to the historic devastation left by Hurricane Helene are spreading out of control on social media, hampering recovery efforts in hard-hit areas, according to local officials. Elon Musk, the X owner who has endorsed Trump, has repeatedly posted rumors and innuendo denigrating the federal government’s response to Helene. Most of the misinformation is brazenly political, portraying President Joe Biden and Harris as incompetent in an attempt to help Trump win reelection. Some of the most-shared lies on social media have involved FEMA’s response. “Republican elected officials keep rebutting the BS, and MAGA does not care,” conservative columnist David French said in a social media post Saturday.

Persons: Hurricane Helene, Biden, Donald Trump, Kamala Harris, ” Tim Alberta, Elon Musk, Trump, Helene, Joe Biden, Harris, Kerry Giles, ” Giles, ” Trump, “, MAGA, David French, ” Mike Rothschild, ”, Appodlachia, Billy Ball Organizations: New, New York CNN, Hurricane, FEMA, The Atlantic, Trump, Republican, CNN, “ Republican, Facebook, North Locations: New York, Georgia, North Carolina, Rutherford County , NC, Lake Lure, “, U.S

☆ Heather Graham on Her Best Movies & TV Shows: 'Austin Powers,' 'Boogie Nights'
▼ + stars: | 2024-10-05 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +11 min

Once upon a time, Heather Graham really wanted to play a murderer. Fresh off career-making turns as the porn star Rollergirl in "Boogie Nights" and the short shorts-wearing CIA agent Felicity Shagwell in "Austin Powers: The Spy Who Shagged Me," Graham wasn't having trouble getting work. "I'm just really intrigued, not only as an actress but as an audience member, by movies that are from a female storytelling perspective." But Graham didn't dwell on what could have been. The network just didn't really believe in it, and they pulled it after an episode.

Persons: Heather Graham, Fresh, Felicity Shagwell, Austin Powers, Graham wasn't, Patty Jenkins, Aileen Wuornos, Graham, Jenkins, I'm, Charlize Theron, Graham didn't, Ann, imbuing, Kyle MacLachlan, Julia Stiles Heather Graham, Bridget Jones, Julia Stiles, I'd, Heather, hadn't, she'd, Richard Cartwright, could've, Liane Moriarty, Deb Fisher, Ginny, Georgia, Annie, Annie didn't, David Lynch, Cooper, Lara Flynn Boyle, weren't, Mark Frost Organizations: CIA, Disney, Entertainment, Getty, ABC

☆ One month to Election Day. Here’s what to watch
▼ + stars: | 2024-10-05 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +10 min

The (Donald) Trump campaign, on the other hand, is looking to the Sun Belt. Instead of knocking on doors in key states, Trump’s allies are using funding from tech billionaire Elon Musk to do some nontraditional things. But some things are still going to be much more expensive on Election Day than they were when Trump was president. It’s one month to Election Day, but that’s a little bit of a misnomer. No matter what happens with the 2024 election, Trump is unlikely to accept the results if Harris wins.

Persons: CNN — It’s, it’s, CNN’s David Wright, Kamala, Harris, – they’ve, Donald, Trump, he’s, Trump’s, Steve Contorno, Fredreka, Elon Musk, Barack Obama, Obama, He’ll, Liz Cheney, George W, Bush, Dick Cheney, Cheney, Amy Walter, ”, Cook, … they’re, ” Walter, Hurricane Helene, Helene, Will, Will Trump’s, Jack Smith’s, Tanya Chutkan, Smith, Read Organizations: CNN, Democratic, Republican, Trump Republicans, Trump, Former Republican, Voters, North, East, Progressives, Democratic National Convention, Israel, Democrats Locations: Pennsylvania, Michigan, Wisconsin, North Carolina, Georgia, East Coast, Hurricane, Gaza, Israel, Lebanon, Iran, New York

☆ As forex markets await political shocks, one tipping point could lead to a 'catastrophic trade' that unwinds markets
▼ + stars: | 2024-10-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

The yen carry trade unwind in August led to a temporary market pullback and recovery. AdvertisementThe foreign exchange market has been eerily quiet since the yen carry trade unwind. Much of the moves from the yen carry unwinding witnessed in August happened at this layer, Barrett said. But what we've seen in the yen carry trade is only the beginning, Barrett said. "Now, you may not think that's a yen carry trade, but it's absolutely the purest yen carry trade because all of that pension fund money started off as yen," Barrett said.

Persons: —, David Barrett, allocators, unwinding, Barrett, It's, it's, Harris, David, Trump Organizations: Service, EBC Financial, Bank of, Bloomberg, Big Tech, Nvidia Locations: Bank of Japan, Japan

☆ Vista Outdoor strikes deal to sell itself in parts to two buyers for $3.4 billion
▼ + stars: | 2024-10-05 | by ( ) www.cnbc.com time to read: +4 min

Vista struck a deal to sell its sporting goods unit, Revelyst, to investment firm Strategic Value Partners for $1.1 billion, according to a statement seen by Reuters. Taken together, the two deals value Vista at $45 per share, topping a rival $43 per share offer from MNC Capital, an investment firm led by former Vista board member Mark Gottfredson. The sale of Revelyst is expected to close by January, subject to regulatory approvals and the completion of the CSG deal. In June, the CSG deal was cleared by the Committee on Foreign Investment in the United States, which reviews foreign investments over possible national security concerns. In July, Vista launched a strategic review to explore all its options, after failing to gather investor support for the CSG deal.

Persons: Vista, Mark Gottfredson, Michael Callahan, Glass Lewis, David Geenberg, MNC's, Victor Khosla, Morgan Stanley, Moelis, Goldman Sachs Organizations: Flag, New York Stock Exchange, Partners, Reuters, Czechoslovak Group, CSG, MNC Capital, Vista, MNC, Institutional, Services, Federal, Remington, Foresight, Bushnell Golf, North, Foreign Investment, Strategic Value Partners, JPMorgan Locations: U.S, Prague, Revelyst, Minnesota, Russia, Ukraine, North America, United States, Colleyville , Texas

☆ Why British pop star Robbie Williams is played by a CGI monkey in the bizarre but critically acclaimed biopic 'Better Man'
▼ + stars: | 2024-10-05 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +6 min

An upcoming biopic sees British pop star Robbie Williams portrayed by a CGI monkey. In the upcoming film, which is titled "Better Man," Williams is portrayed as a CGI monkey, to which he lends his distinctive voice. In "Better Man," actor Jonno Davies wore a motion capture suit so his movements and expressions could be recorded. Critics have praised the film for its originalityRobbie Williams is portrayed as a CGI monkey in "Better Man." "Better Man" will be released in selected theaters in the US on December 25, with a wider release set for January 17.

Persons: Robbie Williams, Michael Gracey, —, Elton John, Amy Winehouse, Williams, I'm, I've, Gracey, Loic Venance, Jonno Davies, hasn't, Maureen Lee Lenker, David Ehrlich, Peter Debruge Organizations: Service, Paramount Pictures, The New York Times, Cannes Film, Getty, FX, Metro, Telluride Film, Times, Toronto, Entertainment Weekly Locations: British, AFP, America, Europe

☆ 5 Nobel-worthy discoveries that haven’t won the prize
▼ + stars: | 2024-10-05 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

The first human genomeThe mapping of the human genome has had a huge impact on biology and other fields. The output from a DNA sequencer is shown in this undated image from the National Human Genome Research Institute. But one reason the project may not have earned a Nobel Prize is the sheer number of people involved in the feat. The Nobel Prize in physiology or medicine will be announced on Monday, followed by the physics prize on Tuesday and the Nobel Prize in chemistry on Wednesday. The Nobel Prize for literature will be announced on Thursday and the Nobel Peace Prize on Friday.

Persons: Alfred Nobel, Nobel, Carsten Snejbjerg, Svetlana Mojsov, Joel Habener, Lotte Bjerre Knudsen —, Lasker, Knudsen, Hassabis, John Jumper, Lester Cohen, David Pendlebury, Pendlebury, “ Nobel, David Baker, ”, Boris Roessler, We’re, Jeffrey Gordon, Robert J, Glaser, Louis, Gordon, Claire King, Barack Obama, Drew Angerer, Mary, King Organizations: CNN, Stockholm —, Human Genome Research, Nordisk, Bloomberg, Getty, Rockefeller University, Harvard Medical School, Novo Nordisk, Clarivate’s Institute for Scientific Information, Google, Institute for Protein, University of Washington School of Medicine, Washington University, of Locations: Swedish, United States, United Kingdom, France, Germany, Japan, China, Hillerød, Denmark, Los Angeles, St

☆ These 2024 Republican candidates disputed the 2020 election results
▼ + stars: | 2024-10-05 | by ( Daniel Dale | ) edition.cnn.com time to read: +43 min

The success of so many 2020 election deniers in Republican primaries this year demonstrates that Trump’s ongoing campaign of election lies continues to have a strong hold on his party. Even four years later, candidates’ views on the 2020 election are relevant in important practical ways. Lake also baselessly advocated the imprisonment of Katie Hobbs, who was Arizona’s election chief during the 2020 election and went on to defeat Lake in the 2022 race for governor. (Photo by Chip Somodevilla/Getty Images) Chip Somodevilla/Getty Images/FileSen. Rick Scott voted to object to the congressional count of Biden’s victory in Pennsylvania, though he voted in favor of counting Biden’s victory in Arizona. Pennsylvania: Dave McCormickSenate candidate Dave McCormick of Pennsylvania speaks during the second day of the 2024 Republican National Convention in Milwaukee on July 16, 2024.

Persons: Washington CNN — It’s, Donald Trump, JD Vance, Joe Biden’s, Mark Robinson of, Kari Lake, Bernie Moreno, Sam Brown of, Ted Cruz, ”, Biden, – Mark Robinson of, Mike Braun, Indiana, Mike Kehoe of Missouri, Greg Gianforte, Patrick Morrisey, West Virginia –, Braun, Sen, Kelly Ayotte, Scott Olson, “, Trump, ” Braun, Trump’s, Jennifer McCormick, Mike Kehoe Missouri, Mike Kehoe, David A . Lieb, Joe Biden, ” Kehoe’s, Crystal Quade, Montana, Greg Gianforte Montana, Phelan M, Ebenhack, Gianforte, Lee, Ryan Busse, Mark Robinson, Gov Mark Robinson, Grant Baldwin, Robinson, Biden “, Josh Stein, Patrick Morrisey Patrick Morrisey, Tom Williams, Morrisey, Biden’s, Huntington Mayor Steve Williams, Tim Sheehy of Montana, REbecca Noble, Biden didn’t, baselessly, Katie Hobbs, Lake, Lake’s, Ruben Gallego, Kyrsten Sinema, Rick Scott U.S, Rick Scott, Chip Somodevilla, Scott, ” Scott, Debbie Mucarsel, Jim Banks, Banks, ” Banks, Valerie McCray, Braun . Maine, Demi Kouzounas, Kouzounas, Angus King, Royce White Royce White, Alex Brandon, Royce White, “ TRUMP, “ Trump, White, Democratic Sen, Amy Klobuchar, Josh Hawley Sen, Josh Hawley, Allison Bailey /, Missouri Sen, Hawley, CNN’s Manu Raju, Lucas Kunce, Sam Brown, Patrick T, Fallon, Brown, we’ve, we’re, ” Brown, Adam Laxalt, Laxalt, Jacky Rosen ., Bernie Moreno Cleveland, David Dermer, Moreno, denialism, –, ” Moreno, CNN’s Raju, Sherrod Brown ., Dave McCormick, Kamil Krzaczynski, wasn’t, Elizabeth Gregory, Dave, McCormick, “ Joe Biden, ” McCormick, Mehmet Oz, ‘, … We’ve, Bob Casey, Patricia Morgan Rhode, Patricia Morgan, West Warwick, Kris Craig, Morgan, Morgan baselessly, ” Morgan, Sheldon Whitehouse, Marsha Blackburn Sen, Marsha Blackburn, Blackburn, Tennessee’s, Tennessee Sen, Bill Hagerty “, Gloria Johnson, Ted Cruz Sen, Ted Cruz of, Cruz, ” Cruz, ’, Colin Allred, Hung Cao Hung Cao, Milwaukee . J, Scott Applewhite, Hung Cao, Cao, Barack Obama, It’s, ” Cao, United States ”, Tim Kaine, Jim Justice, Justice, – Patrick Morrisey, Joe Manchin, Wheeling Mayor Glenn Elliott, – Denny Hoskins, Dennis Linthicum of, Brooke Paige of Vermont, Kris Warner, Washington’s Dale Whitaker, Christi, Denny, Denny Hoskins, Kelly Dereuck, Hoskins, ” Hoskins, Barbara Phifer, Dennis, Dennis Linthicum, Linthicum, Tobias Read, Brooke Paige Vermont, Brooke Paige, Lisa Rathke, Paige, ” Paige, ” Paige’s, Sarah Copeland Hanzas, Kris Warner West, Mac Warner, I’m, Thornton Cooper Organizations: Washington CNN, Trump, Capitol, Democratic, CNN, Republican, ILA, Indiana, Gov, Missouri, Biden, ” Kehoe’s Democratic, Greg Gianforte Montana Gov, Republican Governors Association, AP, Representatives, Republicans, Lee Newspapers, Getty, The News, Observer, Conservative Political, Conference, Republican National Convention, Inc, West, West Virginians, Associated Press, Huntington Mayor, Kari Lake Arizona Republican, Fox, Arizona, Senate, Democratic Rep, Democrat, Scott, Jim Banks Indiana Republican U.S, Fox News, Demi Kouzounas Maine GOP, Portland Press Herald, Army, Maine Republican Party, New Hampshire GOP, ”, Beacon, Minnesota, U.S . Senate, Arizona –, Marine, Sam Brown Republican, US, Nevada, Convention, Treasury Department, Bloomberg Businessweek, Philadelphia Inquirer, Providence Journal, USA, Blackburn, Tennessee, ABC, Milwaukee ., United, Jim Justice West, West Virginia Gov, Wheeling Mayor, Montana, Christi Jacobsen, Missouri State Capitol, Springfield News, Oregon State Capitol, Anadolu, Anadolu Agency, Getty Images, Vermont State House, Facebook, Electoral College, ” Paige’s Democratic, US Department of Agriculture, Virginia Watch, Virginia Economic Development Authority Locations: Mark Robinson of North Carolina, Kari Lake of Arizona, Bernie Moreno of Ohio, Sam Brown of Nevada, Ted Cruz of Texas, Missouri, West Virginia, Indiana , Missouri, Montana, – Mark Robinson of North Carolina, New Hampshire, Indiana, Indianapolis , Indiana, . Missouri, Jefferson City, Mo, Orlando, Fla, Texas, North Carolina, Carolina, Asheville , North Carolina, Milwaukee , Wisconsin, Nebraska, Delaware , Connecticut, Hawaii, Arizona, Kari Lake Arizona, Mesa , Arizona, AFP, Phoenix, Arizona and Wisconsin, Florida, Pennsylvania, Powell . Indiana, Milwaukee, Braun ., Demi Kouzounas Maine, Maine, China, St, Cloud, Minn, Amy Klobuchar . Missouri, Washington, Lucas Kunce . Nevada, Las Vegas , Nevada, Nevada, what’s, Jacky Rosen . Ohio, Westlake , Ohio, Ohio, United States, Sherrod Brown . Pennsylvania, Philadelphia, Island, Patricia Morgan Rhode Island, West, Rhode, Sheldon Whitehouse . Tennessee, Tennessee, Gloria Johnson . Texas, Washington ,, “, Colin Allred . Virginia, Virginia, Loudoun, – Denny Hoskins of Missouri, Dennis Linthicum of Oregon, Denny Hoskins, Barbara Phifer . Oregon, Dennis Linthicum Oregon, Salem , Oregon, Anadolu, Getty Images Oregon, Oregon, Tobias Read . Vermont, Vermont, Montpelier, Kris Warner West Virginia

☆ There are 3 signs that generative AI might be reaching peak market froth — and it's not just OpenAI
▼ + stars: | 2024-10-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +8 min

There are signs across AI models, chips, and new form factors that the market is getting frothy. Investors spent the summer wondering if top AI stocks could continue to justify soaring valuations in the face of absent returns from their massive AI spending. Now, signs have emerged that they're not yet done with generative AI mania. OpenAI reaches dizzying new heightsSam Altman's OpenAI secured a $157 billion valuation after raising $6.6 billion in its latest funding round. In short, a lossmaking startup must justify its $157 billion valuation.

Persons: Cerebras, —, Andrew Feldman, Ramsey Cardy Cerebras, here's, Abu, Cerebras —, Altman's OpenAI, OpenAI, Elon Musk's xAI, OpenAI's, Ilya Sutskever, Gary Marcus, OpenAI's Sam Altman, David Sacks, Darius Rafieyan, Mira Murati, Mark Zuckerberg, Andrej Sokolow, frothiness, Jensen Huang, Alex Heath, Rahul Prasad, Snapchat Organizations: Nvidia, Service, Investors, Microsoft, Saudi Aramco, Bloomberg, OpenAI, LLMs, Financial Times, Anthropic, Craft Ventures, Tiger Global, The New York Times, Getty, company's Connect, Meta, Orion Locations: Sunnyvale, Abu Dhabi, Silver, Saudi, Silicon Valley, —

☆ Harold Varner III: US golfer puts sports to one side to focus on Hurricane Helene relief efforts
▼ + stars: | 2024-10-05 | by ( Patrick Snell | Glen Levy | ) edition.cnn.com time to read: +5 min

But the past few days have seen Varner and his team fully focused on using his resources to help those who need it the most. Do the best we can, because there’s no perfect way to deal with this.”Harold Varner III playing the LIV Golf Team Championship on September 22, 2024 in Dallas, Texas. And for those who left before Hurricane Helene, the closures have hampered efforts to check on family, friends and the state of their homes. You know, I’m trying to be as optimistic as possible.”Harold Varner III and the HV3 team are stepping up to support hurricane relief efforts in western North Carolina. Varner is creating a practical plan to ensure his personal wealth, via his golf career, can be put to good use to continue the relief efforts.

Persons: Harold Varner, Helene, Varner, LIV Golf, ” Varner, Sport’s Patrick Snell, “, everyone’s, ”, they’ve, It’s, We’re, we’re, ” Harold Varner III, David Cannon, Hurricane Helene, LIV, ” “ Organizations: CNN, Hurricane, Team, LIV Locations: American, North Carolina, United States, Ohio, Saudi, Washington, Dallas , Texas, Helene’s

☆ Lawmakers from both parties urge Biden to secure the release of Americans imprisoned in China
▼ + stars: | 2024-10-04 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +4 min

Lawmakers are appealing to President Joe Biden to use the remaining time in his term to work for the release of Americans who are “wrongfully detained” in China, saying U.S. officials need to do more to help secure their freedom. “There are more Americans wrongfully detained in China than in any other country. They deserve tenacious advocacy to gain their release,” said Smith and Merkley, co-chairs of the Congressional-Executive Commission on China. China has denied the allegations and says it has treated detained Americans properly and respected their legal rights. Dui Hua, a rights group that advocates for detainees in China, estimates there are more than 200 Americans “under coercive measures” in China.

Persons: Joe Biden, ”, Chris Smith of, Democratic Sen, Jeff Merkley, Smith, David Lin, Kai Li, Mark Swidan, Hua, Li, Biden, Paul Whelan, Evan Gershkovich, Alsu Kurmasheva, Xi Jinping, “, Li’s, Harrison Li Organizations: ” Republican, Democratic, Congressional, Commission, State Department, White, and State Department Locations: China, Chris Smith of New Jersey, Oregon, Washington, Long Island , New York, Texas, Russia, People’s Republic of China, United States

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