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I went straight to the cameras and saw we were being robbed,” Zuniga told CNN. Hayes told CNN his team works with a majority of retailers that carry Lego products as well as Legoland theme parks. “Demand is always there.”As a result, there’s not only a market for stolen Lego products but also a burgeoning counterfeit market, especially online. When reached for comment, Lego directed CNN to online resources on its website to educate consumers how to spot fake online Lego stores and fake Lego products. He bought Lego sets that were on sale at the local Target to fill up empty shelves.
Persons: New York CNN —, Miguel Zuniga, , ” Zuniga, Miguel Zuniga’s, Noble, Olay, , Read Hayes, Hayes, there’s, Michael Blackshire, Casey Slaughter, ” Slaughter, Indiana Jones, Lego, Calvin Mah, Zuniga Organizations: New, New York CNN, CNN, Southern, KABC, LAPD, Barnes, Noble, Target, University of Florida, Prevention Research Council, Walmart, Los Angeles Times, , Wichita Police, Star Wars, Los Locations: New York, Lumita, Los Angeles County, Lomita , California, California, Southern California, Philadelphia, Richmond , British Columbia, Pasadena , CA, Wichita , Kansas,
Their wages have failed to keep up with the surge in the cost of living, and many said they were living paycheck to paycheck. Mr. Kehoe, 26, serves food in the hospital. On Thursday, the day of Britain’s general election, he plans to vote for the center-left Labour Party because of the economic situation and the crumbling state of the National Health Service, he said. Thinking of the life that his parents built on salaries earned as a nurse and a truck driver, Mr. Kehoe says that young people have been left with far worse prospects after 14 years of a Conservative-led government. “If you go back 30 years ago, houses were a bit more affordable, life was a little bit easier,” he said.
Persons: Liam Kehoe, Kehoe, Organizations: Royal Liverpool University Hospital, Labour Party, National Health Service, Conservative Locations: British
CNN —Hundreds of basketball-size space rocks slam into Mars each year, leaving behind impact craters and causing rumblings across the red planet, according to new research. During its time on Mars, InSight used its seismometer to detect more than 1,300 marsquakes, which take place when the Martian subsurface cracks due to pressure and heat. Meteoroids are space rocks that have broken away from larger rocky bodies and range in size from dust grains to small asteroids, according to NASA. “We’re interested in studying that on Mars because we can then compare and contrast what’s happening on Mars to what’s happening on the Earth. Between 280 and 360 meteoroids hit the red planet each year, and they form impact craters larger than 26 feet (8 meters) across, according to the study.
Persons: , Ingrid Daubar, ” Daubar, NASA’s, “ We’re, Géraldine Zenhäusern, ” Zenhäusern, Natalia Wojcicka Organizations: CNN, NASA, Reconnaissance, JPL, Caltech, University of Arizona, Brown University, NASA’s Mars, Nature Communications, Switzerland’s ETH Zürich, Imperial College London’s Locations: Mars, Switzerland’s
Some states, municipalities and private-sector companies are pushing to make composting as commonplace as recycling. Yet data from the Environmental Protection Agency shows little residential food waste is composted in the U.S. — 3.7% as of an April 2023 report. These include at-home options, curbside bins, drop-off locations and private valet services that pick up food waste from multi-family homes. Thousands of composting facilities neededFranciosi said his organization has been fielding more calls from municipalities that are interested in composting, but funding challenges remain. Another challenge is the dearth of composting facilities.
Persons: Scott Smithline, Jenny Grant, Frank Franciosi, Stacy Savage, Franciosi, Grant, Lauren Organizations: PepsiCo, Environmental Protection Agency, California Department of Resources Recycling, Zero, Local Locations: U.S, Vermont, California, Europe, REA, New York City, Bronx, Manhattan, Brooklyn, Queens, Staten
"In contrast, current valuation extremes imply potential downside risk for the S&P 500 on the order of 50-70% over the completion of this cycle." JPMorgan's Marko Kolanovic expects the S&P 500 to fall to 4,200, while more extreme forecasts include Jeremy Grantham's estimate in the low 3,000s. And as the stock market ground mostly higher, he persisted with his doomsday calls. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 26% over the past year.
Persons: , Jonathan Golub, Count John Hussman, Hussman, Hussman's, Morgan Stanley's Mike Wilson, Piper Sandler's Michael Kantrowitz, JPMorgan's Marko Kolanovic, Jeremy Grantham's Organizations: Service, UBS, Business, Hussman Investment Trust, New York Stock Exchange, Investor Intelligence
“Interpreting economic data is like interpreting a Monet painting in the best of times,” Mark Zandi, chief economist at Moody’s Analytics, told CNN in an interview. “When President Biden takes credit for all jobs and says Trump lost all the jobs? “And until it does, we won’t have a real good sense of what the new metrics are that reflect the direction in the economy and consumer confidence.”Twenty years ago, presidential elections came down to “jobs, jobs, jobs,” Brusuelas said. “They’re going to be thinking, ‘Wait a minute, all this money’s going into this and can replace the job that guys like me do? For the average person, the economic data only means so much anyways, Brusuelas said, adding that it comes down to “protein and petrol” versus percentage points.
Persons: Monet, ” Mark Zandi, it’s, Joe Biden, Donald Trump, “ Trump, Biden, ” Zandi, , Trump, , Joe Brusuelas, ” Brusuelas, “ That’s, It’s, They’re, ’ ”, Brusuelas Organizations: CNN, Moody’s, Trump, RSM, Democrat, Nvidia, Locations: what’s
The U.S. stock market will be closed Thursday for the Fourth of July holiday. Economic data The main event is Friday's June nonfarm payrolls report, which is among the most important monthly data releases for investors. The ADP report isn't as market moving as the nonfarm payrolls report, but expect investors to use to game the nonfarm payrolls report out later in the week. The June ISM Services report on Wednesday also will shed light on services in the U.S. economy. ET: Nonfarm Payrolls (Jim Cramer's Charitable Trust is long STZ.
Persons: Dow, we're, Jim Cramer, Donald Trump, Joe Biden, Democrats —, Thursday's, , we'll, nonfarm payrolls, Dow Jones, Payrolls, Jim Cramer's, Jim, Michael Nagle Organizations: Nasdaq, Dow Jones, Walgreens, Nike, Republicans, Democrats, Energy, Utilities, Constellation Brands, Labor, Corona, Cinco, Industrial, Markets, CNBC, Bloomberg, Getty Locations: U.S
In January 2020, Robert Williams spent 30 hours in a Detroit jail because facial recognition technology suggested he was a criminal. On Friday, as part of a legal settlement over his wrongful arrest, Mr. Williams got a commitment from the Detroit Police Department to do better. The city adopted new rules for police use of facial recognition technology that the American Civil Liberties Union, which represented Mr. Williams, says should be the new national standard. Mr. Williams was the first person known to be wrongfully arrested based on faulty facial recognition. Law enforcement agencies across the country use facial recognition technology to try to identify criminals whose misdeeds are caught on camera.
Persons: Robert Williams, Williams, ” Mr Organizations: Detroit Police Department, American Civil Liberties Union, Detroit Locations: Detroit, Michigan
Read previewHaize Labs, an AI safety startup, is raising an early-stage round that investors are clamoring to invest in, Business Insider has learned. However, for hot startups, there can be more investor demand than a startup can accommodate, as with Haize Labs' round. One source indicated that Haize Labs received term sheets with valuations ranging from $30 million to over $100 million. Haize Labs is building automated red-teaming and stress-testing algorithms to identify risks in AI models and agents. AI safety has increasingly become a concern, especially as AI usage increases among both consumers and enterprises.
Persons: , Leonard Tang, VentureBeat, OpenAI, Sama, Steve Li, Richard Liu, Tang Organizations: Service, Business, Haize, Haize Labs, Soma, Google, Netflix, Harvard, Carnegie Mellon, Washington Post
You'll need a VPN to access any free Italy vs. Switzerland live stream options outside their original broadcast country. How to watch free Italy vs. Switzerland live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including Italy vs. Switzerland today. ET / 5 p.m. BST / 12 a.m. AWSTWhere to watch Italy vs. Switzerland in the USAFox/FS1 has picked up the rights to all remaining games in the USA, including Italy vs. Switzerland. BBC specifically has the free Italy vs. Switzerland live stream today. Where to watch Italy vs. Switzerland in AustraliaOptus Sport, a paid streaming service, exclusively holds all the Euro 2024 live streams in Australia.
Persons: you'll, ExpressVPN, FS1, That's Organizations: Business, Croatia, BBC, Olympics, Wimbledon, USA Fox, Fox, Nations, ITV, Australia Optus Sport, Optus Locations: Italy, Switzerland, Germany, RTE2, Ireland, Rai1, USA, Australia
A major hurricane is considered Category 3 or higher, with winds of at least 111 mph (178 kph). Beryl also is the strongest June tropical storm on record that far east in the tropical Atlantic, according to Klotzbach. Beryl is the second named storm in what is predicted to be a busy hurricane season, from June 1 to November 30 in the Atlantic. He said one was the first hurricane of 1933, the most active hurricane season on record. An average Atlantic hurricane season produces 14 named storms, seven of them hurricanes and three major hurricanes.
Persons: Beryl, Philip Klotzbach, St, Vincent, Michael Lowry, Sabu Best, Tomer Burg, Brian McNoldy, Mia Mottley, Musku, Ralph Gonsalves, Storm Alberto, Lowry, Mark Spence, I'm Organizations: Barbados, Colorado State University, National Hurricane Center, University of Miami, South Africa, Grenadines, Cricket, Atmospheric Administration Locations: Caribbean, Barbados, Lucia, Grenada, St, Grenadines, Martinique, Dominica, Tobago, Florida, Jamaica, Mexico, Miami, India, South, Bridgetown, Pittsburgh, Trinidad and Tobago, Port, Spain, South Florida
Along the way, "I had this idea for the breakup bootcamp," she says, a place where people who'd recently gone through a breakup could find solace and comfort together. Despite writing out the vision for breakup bootcamp in 2015, "I was too scared" to make it happen immediately, she says. That's why, now, her best advice for turning your passion into a career is "whatever it is," she says, "just launch it." Finally, in February 2017, she launched the first breakup bootcamp. They laid out a potential career path as a breakup coach and, in August 2017, she finally left her job in marketing to launch into her relationship-oriented career full-time.
Persons: Amy Chan, Chan, I'm Organizations: Huffington, CNBC Locations: New York
CNN —Baseball Hall of Famer Orlando Cepeda has died at age 86, his family announced via the San Francisco Giants on Friday. Cepeda made his major league debut with the Giants in 1958 – the year they moved from New York to San Francisco. Orlando Cepeda, then a player for the Atlanta Braves, poses for a photo in 1970. APCepeda is one of only two players in National League history to win both Rookie of the Year and MVP honors, unanimously. St. Louis Cardinals' Orlando Cepeda scores in the eighth inning of a baseball game as New York Mets catcher J.C. Martin, right, and umpire Tim McCarver, left, watch at Shea Stadium in New York in 1968.
Persons: CNN — Baseball Hall of Famer Orlando Cepeda, , Orlando, Nydia, Cepeda, Bull, ” Cepeda, Willie Mays, Greg Johnson, “ Orlando, Orlando Cepeda, Hall of Famer Joe Torre, J.C, Martin, Tim McCarver, Roberto Clemente, Bob Melvin, it’s, Organizations: CNN — Baseball Hall of Famer, San Francisco Giants, Giants, Los Angeles Dodgers, Oracle, St, Louis Cardinals, National League, National Baseball Hall of Fame, ” Giants, Cardinals, Atlanta Braves, Hall of Famer, Braves, Puerto Rican, Boston Red Sox, Kansas City Royals, Famer, New York Mets, Shea, Baseball Hall of Fame, Veterans Committee, MLB, The Giants Locations: New York, San Francisco, Puerto Rico, St, Puerto Rican, Willie
4:30After the Storm, a Fight for Survival in MozambiqueNOW PLAYINGYoung People Demand Change Ahead of Britain’s Election0:55Israel Orders Evacuations in Gaza City as Palestinians Report Strikes0:21Bodies Found Near Mount Fuji’s Crater0:39Bolivia’s Military Staged Apparent Coup Attempt1:48Following Protests, Kenya’s President Refuses to Sign Tax Bill0:12Evan Gershkovich Appears in Russian Court1:02Nairobi Police Use Live Rounds, Tear Gas and Water Cannons on Protesters1:22Israel’s Ultra-Orthodox Must Serve in Military, Supreme Court Rules0:38Kenyan Protesters Storm Parliament as Lawmakers Pass Tax Increases1:02More Than 1,300 Die During Extremely Hot Hajj Pilgrimage0:41
Persons: Evan Gershkovich Organizations: Storm, Survival, Mozambique NOW, Young, Water Cannons, Kenyan Protesters Storm Locations: Mozambique, Israel, Gaza City, Nairobi
The agreement requires Uber to pay $148 million and Lyft to pay $27 million to the state. Campbell had been asking a judge to conclude that the state’s 55,000 Uber drivers and 35,000 Lyft drivers are employees under state law and therefore entitled to benefits such as a minimum wage, overtime and earned sick time. “Today’s agreement holds Uber and Lyft accountable.”The settlement provides for greater benefits and pay for Uber and Lyft drivers than provided under a similar settlement in November with New York state and under legislation signed into law in May in Minnesota. They along with DoorDash and Instacart had financially supported Flexibility and Benefits for Massachusetts Drivers, the ballot measure committee behind the proposal to ask voters to deem app-based drivers as contractors. The proposal had also called for providing drivers benefits similar to those in the settlement.
Persons: Andrea Joy Campbell, Uber, we’ve, , Tony West, Campbell, Maura Healey, ” Cambpell, , Instacart, Conor Yunits Organizations: Reuters — Uber Technologies, Massachusetts, , Democrat, Campbell’s, Uber, Massachusetts Drivers, Litigation Locations: U.S, New York, Minnesota, Massachusetts, California
CNBC Daily Open: Roaring Kitty, Nike flops, inflation on deck
  + stars: | 2024-06-28 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
A trader works on the floor of the New York Stock Exchange (NYSE) during morning trading on March 4, 2024 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nike warningShares of Nike plunged 12% in extended trading after the sneaker giant slashed its full-year guidance, anticipating a 10% drop in sales for the current quarter. Roaring Kitty, back againChewy shares experienced a rollercoaster ride on Thursday, soaring as much as 34% following a cryptic post by meme stock influencer Roaring Kitty, before falling back into negative territory.
Persons: Matthew Friend, Nike's, Tim Wentworth, Kitty, CNBC's Michelle Fox Organizations: New York Stock Exchange, CNBC, Dow Jones, Nasdaq, Micron, Nvidia, Treasury, Nike, Walgreens, BCA Research Locations: New York City, U.S, Israel, Lebanon, Greater China, China
There are 28 days until the Summer Olympics opening ceremony, and tests from the historic Seine River show the water is still at dangerous contamination levels for E. coli, which is often linked to fecal bacteria. AdvertisementAlong with the triathlon events, marathon swimmers are scheduled to dive into the river for their events. The three triathlon events will span from July 30 to Aug. 5, while the marathon swimming races will be on Aug. 8 and 9. The latest findings marked the third consecutive week that samples from the river had unsafe levels of bacteria related to fecal matter. Both have said they plan on swimming in the river themselves to prove its cleanliness.
Persons: Paris, Tony Estanguet, Emmanuel Macron, Paris Mayor Anne Hidalgo, Miguel Medina Organizations: Eau de, World Triathlon, CBS, Games, Paris Mayor, Getty Locations: Eau de Paris, Paris, AFP
Vienna, Austria is the wrold's most "liveable" city, according to the Economist Intelligence Unit's 2024 Global Liveability Index. For the third year in a row, Vienna, the capital of Austria, is the world's most livable city, according to the Economist Intelligence Unit. "Declines in stability and infrastructure across a number of cities in advanced economies were offset by structural improvements in healthcare and education in several cities in developing markets." Here are the 10 most livable cities in the world, according to EIU. North America was the second best region, scoring an average of 90.5 out of 100, and ranking highest for education.
Persons: EIU Organizations: Economist Intelligence, Economist Intelligence Unit, Western Locations: Vienna, Austria, Copenhagen, Denmark, Zurich, Switzerland, EIU, Austria Copenhagen, Denmark Zurich, Switzerland Melbourne, Australia Calgary, Canada Geneva, Switzerland Sydney, Australia Vancouver, Canada Osaka, Japan Auckland, New Zealand, Asia, Pacific, Melbourne, Sydney, Osaka, Japan, Auckland , New Zealand, Vancouver, Toronto, Western Europe, North America, Canada
Shares of Microsoft registered a 14-day RSI reading of 74. MSFT YTD mountain MSFT YTD Shares of Eli Lilly are also overbought, with a 14-day RSI of 83, putting the drug manufacturer at the top of the list. FedEx is also overbought, with a 14-day RSI of 77. Among the oversold names, Walgreens Boots Alliance and Waters Corporation top the list with a 14-day RSI reading of 20, followed by Pool Corp . with an RSI reading of 22.
Persons: Friday's, Wall, Eli Lilly, Eli Lilly's Organizations: Dow Jones, Nasdaq, Nvidia, Microsoft, CNBC Pro, Union, FedEx, Walgreens Boots Alliance, Waters Corporation, Pool Corp, Walgreens
US stocks rose Friday as traders took in new inflation data from the Fed's preferred price gauge. PCE inflation cooled to 2.6% last month, the lowest pace of price growth in three years. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS stocks jumped on Friday as traders took in fresh inflation data, which showed price pressures continuing to cool off in May. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Friday:AdvertisementIn commodities, bonds, and crypto:
Persons: , Seema Shah Organizations: Service, Treasury, Federal, Asset Management, Nasdaq, Nvidia Locations: PCE, Here's
Former President Donald Trump is the clear favorite when it comes to the stock market, according to the latest results of CNBC's Delivering Alpha Stock Survey. Of the 400 investors, traders and money managers polled, 67% said Trump would be better for stocks than President Joe Biden. The S&P 500 rose 68% during Trump's four years in office versus the 44% gain so far under Biden's administration. Seventy-seven percent of the survey respondents said they trusted the central bank to do right by the American economy, but 23% said they didn't trust the Fed. The 400 money managers who took the survey were evenly split on where they stand on the direction of the S&P 500 and Nasdaq.
Persons: Donald Trump, Trump, Joe Biden, there'll, we're Organizations: Alpha Stock Survey, Nasdaq, Biden, Federal Reserve
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Disney on radar: Shares of Club name Disney dropped 3% on Friday, breaching the $100 level that Jim Cramer has in recent weeks identified as a favorable price to buy more stock. Solar praise: Analysts at Susquehanna offered upbeat commentary Friday on our newest stock: Nextracker , which joined the portfolio a day earlier . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Disney Cruise Line's Disney Dream is seen docked in Port Canaveral, Florida, on July 30, 2021.
Persons: Jim Cramer, Dow, Jim, Jim's, Donald Trump's, Trump, Cramer, Jerome Powell, he's, Powell, Joe Biden, Morgan Stanley, Jim Cramer's, Joe Burbank, Mark Gauert Organizations: CNBC, ., Federal, Nasdaq, Dow Jones, Nike, Dow, Nvidia, Apple, Broadcom, Disney, House, Trump, Susquehanna, Microsoft, Jim Cramer's Charitable, Disney Cruise, Orlando Sentinel, Tribune, Service, Getty, Sun Sentinel Locations: U.S, Nextracker, Wells Fargo, Port Canaveral , Florida
U.S. crude oil on Friday traded near a two-month high and is on pace for a third-straight weekly gain as fears of war between Israel and the Iran-backed militia Hezbollah grow. West Texas Intermediate hit an intraday high of $82.72 per barrel, the highest level for the U.S. benchmark since April 30. U.S. oil is up about 1.8% for the week and 6.7% for the month of June. Hezbollah could target Israel's offshore gas operations if war breaks out, and Israel could seek to hit Iranian oil facilities, according to RBC Capital Markets. There is also a risk that Iran could attack tankers in the straight of Hormuz or abandon a détente with Saudi Arabia and hit the kingdom's oil facilities, according to the firm.
Persons: Brent, stoking, Saudi détente, Helima Organizations: Hezbollah, Texas Intermediate, RBC Capital Markets, Pentagon, NBC News, The State Department, U.S, RBC Locations: Khiam, Lebanon, Israel, Gaza, Iran, U.S, Hormuz, Saudi Arabia, Saudi
The numbers are in: 51.3 million Americans tuned in live to watch Thursday night’s televised debate between President Biden and former President Donald J. Trump. The size of the TV audience — similar to that for an N.F.L. conference championship game — could be grim news for the Biden campaign, given the shaky and stumbling performance by the president, which set off panic in the upper echelons of the Democratic Party. But viewership was also down 30 percent from the first Biden-Trump debate in September 2020, which notched more than 73 million viewers. Nielsen said Thursday’s matchup in Atlanta was the lowest-rated general-election debate since the final meeting of George W. Bush and John Kerry in 2004.
Persons: Biden, Donald J, Trump, Nielsen, Thursday’s, George W, Bush, John Kerry Organizations: CNN, Nielsen, Democratic Party, Biden, Trump Locations: Atlanta
Spectators watch a race on the River Thames at the Henley Royal Regatta in Henley-on-Thames, west of London, on June 30, 2023. LONDON — Harmful E.coli bacteria has been discovered at "alarmingly high" levels in the U.K.'s River Thames just days before elite rowers are due to compete there for the international Henley Regatta, anti-pollution campaigners have warned. River Action also found E.coli levels up to 10 times higher in March tests. James Wallace, CEO of River Action, accused the government and Thames Water, which manages water supply in the area, of failing to appropriately manage water hygiene levels. Thames Water did not immediately respond to CNBC's request for comment, though the BBC reported that it had dubbed the findings "alarmist" and said it was monitoring bacteria levels.
Persons: James Wallace, Sir Steve Redgrave, UKHSA Organizations: Henley Royal Regatta, Henley Regatta, River Action, Henley, , Thames Water, BBC, CNBC, Henley Royal, Olympic, UK Health Security Agency Locations: Henley, Thames, London, Oxfordshire
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