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☆ Your showerhead and toothbrush are teeming with viruses. But don’t panic – these microbes could save lives
▼ + stars: | 2024-10-09 | by ( Issy Ronald | ) edition.cnn.com time to read: +5 min

These viruses, however, are not the kind that will give you the common cold or flu (or worse). It’s amazing how much untapped biodiversity is all around us.”The study identified more than 600 viruses found in the samples taken from showerheads and toothbrushes. And for every bacterium, there’s potentially tens or hundreds or even thousands of viruses that infect it,” Hartmann said, noting that viruses mutate very quickly, too. She hypothesized that a bacterium in your mouth could transfer to your toothbrush, taking its viruses with it – and these could keep evolving on the toothbrush. “Microbes are everywhere all the time … We wouldn’t be able to digest our food or fend off infection if we didn’t have our microbes,” Hartmann said.

Persons: Erica Hartmann, we’ve, ” Hartmann, Bacteriophages, “ There’s, ”, Joe Parker, wasn’t, Hartmann, Parker, toothbrushes, There’s, that’s Organizations: CNN, Northwestern University’s McCormick School of Engineering, Getty, World Health Organization, Innovation Locations: showerheads, Microbiomes, United States, ”

☆ Why the interest-rate cut isn't delivering the relief consumers were hoping for
▼ + stars: | 2024-10-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we got our first interest-rate cut, but it doesn't feel like it for many consumers . We finally got an interest-rate cut, but borrowing costs are still high. First off, last month's interest-rate cut wasn't going to provide immediate relief. Yes, the average 30-year fixed mortgage rate has gone up 47 basis points since the Fed cut rates , writes BI's Matthew Fox. So the Fed cut rates but borrowing costs went up?

Persons: —, Milton, Alyssa Powell, isn't materializing, Jennifer Sor, Let's, BI's Matthew Fox, I'm, It's, BI's James Rodriguez, who's, Warren Faidley, Hurricane Milton, Hindenburg, Chelsea Jia Feng, Vinod Khosla, OpenAI, Mark Zuckerbergs, Gen Zers, haven't, Rebecca Zisser, Elon Musk's, Tesla, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Gas, Hindenburg, Tech, DOJ, Google, Walt Disney World, Hurricane Milton, Federal Reserve, Fed, Treasury, Hurricane, Energy, Futures, Bank of America, Disney Locations: Florida, Warren, Tampa, Chelsea, Robotaxi, Hurricane, New York, London

☆ Watch CNBC’s full interview with Trivariate's Adam Parker, Truist’s Keith Lerner and HSBC’s Max Kettner
▼ + stars: | 2024-10-08 | 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 Trivariate's Adam Parker, Truist’s Keith Lerner and HSBC’s Max KettnerTrivariate's Adam Parker, Truist’s Keith Lerner and HSBC’s Max Kettner, join 'Closing Bell' to discuss winning sectors in the market, if the 'Mag 7' are too expensive and their overall market outlook.

Persons: Trivariate's Adam Parker, Truist’s Keith Lerner, HSBC’s Max Kettner Trivariate's Adam Parker, HSBC’s Max Kettner

☆ Garrett from 'Love Is Blind' season 7 had a major glow-up, convincing fans he and Taylor got married. Here's what we know about their status.
▼ + stars: | 2024-10-08 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

"Love Is Blind" season seven features singles from the Washington, DC area. Taylor and Garrett are one of the couples who get engaged and make it out of the pods. On TikTok, Taylor has joked about being in the television spotlight as "Love Is Blind" is Netflix's flagship dating franchise. AdvertisementHere's how Taylor and Garrett get together, and what we know about their relationship today. Taylor and Garrett bonded over a shared science background in the podsOn their first date in episode one, Taylor and Garrett learn that they share a scientific background.

Persons: Taylor, Garrett, they're, —, Sabrina Carpenter's, They're, There's, texted, there's, Taylor's, Nina Parker, ina, arker, orth, eason Organizations: Service Locations: Washington ,, Washington, TikTok, Mexico, Instagram

☆ CNBC Daily Open: Fear is the stock killer
▼ + stars: | 2024-10-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Michael M. Santiago | Getty ImagesThis 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. The yield curve inverted in early July 2022 and normalized in early September. It's not inconceivable, then, for investors who take stock in what the yield curve signals to panic a little. But there's an undercurrent of fear that can perhaps run contrary to what some of those numbers are saying.

Persons: Michael M, That's, Jeff Cox, It's, David Roche, Bob Parker, – CNBC's, Lisa Kailai Han, Jesse Pound Organizations: New York Stock Exchange, Santiago, CNBC, Quantum, International Capital Markets Locations: New York City, U.S

☆ CNBC Daily Open: U.S. economy’s fine, but markets driven by fear
▼ + stars: | 2024-10-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Brendan McDermid | ReutersThis 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. Markets are back to contending with rising oil prices, inflation possibly reaccelerating, fewer-than-expected rate cuts and potentially even a distant recession. The yield curve inverted in early July 2022 and normalized in early September. It's not inconceivable, then, for investors who take stock in what the yield curve signals to panic a little.

Persons: IXIC, Brendan McDermid, That's, Jeff Cox, It's, David Roche, Bob Parker, – CNBC's, Lisa Kailai Han, Jesse Pound Organizations: New York Stock Exchange, Reuters, CNBC, Quantum, International Capital Markets Locations: U.S

☆ Be overweight semiconductors for the medium-term, says Trivariate's Adam Parker
▼ + stars: | 2024-10-08 | 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 EmailBe overweight semiconductors for the medium-term, says Trivariate's Adam ParkerAdam Parker, Trivariate Research founder, joins 'Closing Bell' to discuss winning sectors in the market, if the 'Mag 7' are too expensive and his overall market outlook.

Persons: Trivariate's Adam Parker Adam Parker Organizations: Trivariate Research

☆ Tim Tully taught himself to code at age 6 and still codes daily. Here's how computer science took him from startups to AI investing at Menlo Ventures.
▼ + stars: | 2024-10-07 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +7 min

He joined VC firm Menlo Ventures in 2021 and has invested in generative AI startups like Pinecone. Using his technical expertise as a former programmer and CTO, Tully is helping amass an impressive portfolio of AI startups at Menlo Ventures. He's also written code as a way to help win over startups in the broader Menlo Ventures portfolio. That helped seal the deal, and Ionita led Orb's $14 million Series A funding round. While Menlo has been bolstering its portfolio with AI infrastructure startups, Tully said he's excited these days about opportunities at the application layer.

Persons: Tim Tully, —, Tully's, Tully, He's, Warby Parker, Roku, Uber, Jess Lee, I've, Naomi Pilosof Ionita, Ionita, he's, legaltech –, Eve Organizations: Yahoo, Menlo Ventures, Service, Venture, Apple, Menlo, Bay Area, Data Systems, Oracle, AOL, Huffington, Sequoia Locations: Bay, Splunk, –

☆ Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
▼ + stars: | 2024-10-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Tech: Amazon's Prime Day kicks off tomorrow, and there are some deals on surprising items . Amazon's Prime Day kicks off tomorrow, and there are some deals on . Getty Images; Jenny Chang-RodriguezWe've already got one indication companies are in good shape: Friday's blockbuster jobs report . But another blowout report — 250,000 jobs added and at least 4% wage growth — could lead the Fed to reconsider its easing policy. In addition to the usual Prime Day gadgets, like TVs and Airpods, Amazon is dishing out deals on tents, pocket knives, and chainsaws.

Persons: —, Jenny Chang, Rodriguez, Matthew Fox, we'll, Rodriguez We've, there's, Philipp Carlsson, Chelsea Jia Feng, haven't, Donald Trump's, Tyler Le, John Tomac, that's, boomers, They're, Gen Xers, Gen Zers, Kamala Harris, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, . Tech, Amazon's, Pfizer, Wall Street, JPMorgan, Wells Fargo, Big Tech, Getty, Fed, Boston Consulting, Trump Media, Microsoft, BI, pharma, CBS, ASEAN Locations: Israel, fintech, Vientiane, Laos, New York, London, Chicago

☆ No case for more jumbo rate cuts by the Fed, strategists say
▼ + stars: | 2024-10-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +4 min

A television broadcasts the Federal Reserve's interest rate cut on the floor of the New York Stock Exchange on Sept. 18, 2024. Roche said the figures made the Fed's "jumbo interest rate cut look silly, populist and panicky." 1 is that [it gives the impression that] the economy is more fragile than it is ... and the economy is fine, thank you very much, and doesn't need jumbo rate cuts," he told CNBC's "Squawk Box Europe." And headline and core inflation will stay above the Fed target of 2%, so the case for aggressive rate cuts [is not there]," he said. "Yes there is a case for modest rate cuts, there is a case for 25 to 50 basis point cuts by January next year, but a case for 50 basis point cut at the next meeting just does not exist," Parker said.

Persons: Michael Nagle, David Roche, Roche, CNBC's, " Roche, Bob Parker, Parker, Dave Pierce Organizations: New York Stock Exchange, Bloomberg, Getty, Federal Reserve, CNBC, Quantum, Federal, Market, International Capital Markets Association, Fed, Global, Capital, Dow Jones Industrial Locations: Israel, U.S

☆ A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
▼ + stars: | 2024-10-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +11 min

Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company's LC-36 facility in Florida. Blue OriginDave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire's space venture. "Jeff felt that [Blue Origin] needed manufacturing expertise; it needed decisiveness; it need a little bit of energy," Limp said. CEO Dave Limp, third from the left, with Blue Origin employees at the company's New Glenn facility in Florida. In the mission's place, Blue Origin will fly a demonstration of its spacecraft Blue Ring on the first New Glenn launch.

Persons: Dave Limp, Jeff Bezos, Jeff, Limp, Bezos, It's, I'm, New Glenn, Allen Parker, Jennifer Pena, Leanos, Ian Richardson, Tim Collins, it's, Origin's, ULA, Paul Hennessy, Glenn, We've, Starliner, Shepard, Blue, let's Organizations: Glenn, Florida ., Amazon, CNBC, Blue, SpaceX, United Launch Alliance, Lab, Firefly Aerospace, Company, NASA, Amazon Devices, Flexport, Vulcan, Cape Canaveral Space Force, Anadolu, Getty, New Glenn, Falcon, Shepard, National Security, Washington , D.C Locations: Florida, New, Mars, Seattle, Kent , Washington, Texas , Florida, Alabama, ULA, West Texas, Cape Canaveral , Florida, Glenn, Washington ,, Huntsville , Alabama, Cape Canaveral , Texas

☆ Insider Today: Getting rich off Airbnb
▼ + stars: | 2024-10-05 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

You can sign up for Business Insider's daily newsletter here. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTo successfully "swipe right" in the office, there are some rules you should follow, according to two human resource professionals who spoke to Business Insider's Jordan Hart. Airbnb arbitrageGetty Images; Jenny Chang-RodriguezGen Z has a new side hustle: Airbnb superhosting. The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Chris Haston, y'know, Insider's Jordan Hart, Cheryl Swirnow, Christopher Sheekey, Jenny Chang, Rodriguez Gen Z, somethings, Dave Ramsey, they're, Critics —, Van Cleef, Tyler Le, Monica Humphries, Alyssa Powell, seltzer, What's, Natalie Ammari, Stephen King, Max, Mike Flanagan, Kate Siegel, Rebecca Zisser, Boots, booties, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Bank, Netflix, Deal Locations: Zegna, Basel, Switzerland, France, Germany, Washington, New York City, New York, Chicago

☆ Tech tycoon Mike Lynch died from drowning after his superyacht sank, inquest hears
▼ + stars: | 2024-10-04 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +2 min

British tech tycoon Mike Lynch died from drowning, an inquest heard. Lynch and six others died after the superyacht Bayesian sank off the coast of Sicily in August. Lynch founded software company Autonomy in 1996 and sold it to HP for more than $11 billion in 2011. AdvertisementTech tycoon Mike Lynch died from drowning after the Bayesian superyacht sank off the coast of Porticello, Sicily, an inquest heard on Friday, multiple outlets reported. Lynch, his 18-year-old daughter Hannah, and five others died after the vessel was caught in a heavy storm in August.

Persons: Mike Lynch, Lynch, —, Hannah, Mike Brown, Jonathan Bloomer, Morgan Stanley, Judy, Brown, Jonathan, Judy Bloomer —, Chris Morvillo, Neda —, Recaldo Thomas, Matthew Griffiths, James Cutfield, Tim Parker Eaton Organizations: Autonomy, HP, Service, Tech, Morgan, Morgan Stanley International, Reuters, BBC Locations: Sicily, Porticello, Autonomy

☆ Google Search's new AI makeover is the latest change the rest of the internet needs to navigate
▼ + stars: | 2024-10-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, Google Search is going to look a whole lot different thanks to generative AI . According to Rhiannon Bell, the vice president of user experience for Google Search, it's a "pretty dramatic shift from where we were before." AdvertisementAnd yes, in case you were wondering if it was coming, Google is going to start putting ads in its AI Search results — but only when Google deems them relevant. Google's new AI-organized search results GoogleSearch's revamp addresses a big concern for the rest of the internet. One survey conducted earlier this year found 60% of people who used Google's AI search found it more effective than non-AI powered Search.

Persons: —, Morgan Stanley, Tyler Le, Hugh Langley, Tech's, Hugh, Rhiannon Bell, Gen, Jenny Chang, Rodriguez, Ned Davis, Kalshi, Andy Jassy F, Carter Smith, Chelsea Jia Feng, Andy Jassy, Marc Andreessen, he's, Alyssa Powell, dockworkers, hasn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Costco, Tech, Google, Getty, Ned, Ned Davis Research, CFTC, Bloomberg, Getty Images, Amazon, LinkedIn, YouTube, EU . US Department of Labor Locations: China, San Francisco, EU, New York, London

☆ OpenAI's latest funding round could be a bargain or a bust for investors
▼ + stars: | 2024-10-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The high-profile startup announced the closing of a $6.6 billion funding round that valued it at $157 billion. And more exits could be coming since OpenAI is reportedly working on allowing its employees to sell their shares in the company . Win McNamee and Didem Mente/Anadolu Agency via Getty Images; Jenny Chang-Rodriguez/InsiderIt's important to remember OpenAI's eye-popping valuation is just that … a valuation. Which gets us back to $157 billion OpenAI.

Persons: —, Elon Musk's, Josh Kushner's, Cathy Wood's, Chase, Here's, Mira Murati, Kevin Weil, Rob Price, OpenAI, Sam Altman, Win McNamee, Didem, Jenny Chang, Rodriguez, Brad Gerstner, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Elon, Elon Musk's SpaceX, Venture, Microsoft, Nvidia, Anadolu Agency, Getty, Big Tech Locations: Silicon Valley, New York, London

☆ Watch CNBC’s full interview with Trivariate's Adam Parker, JPMorgan’s Jack Manley and Wealth Enhancement’s Ayako Yoshioka
▼ + stars: | 2024-10-02 | 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 Trivariate's Adam Parker, JPMorgan’s Jack Manley and Wealth Enhancement’s Ayako YoshiokaTrivariate's Adam Parker, JPMorgan’s Jack Manley and Wealth Enhancement’s Ayako Yoshioka, join 'Closing Bell' to discuss markets, earnings and China's stimulus impact on U.S. equities.

Persons: Trivariate's Adam Parker, JPMorgan’s Jack Manley, Yoshioka Trivariate's Adam Parker Organizations: Wealth

☆ The US economy teeters after it's hit by a triple threat: Middle East escalation, port closures, and Hurricane Helene
▼ + stars: | 2024-10-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

A dockworkers strike begins. Back in the States, a dockworkers strike could upend an economy finally on the mend. Tuesday morning marked the start of a dockworkers strike that will shutter dozens of US ports that handle about half of all US ocean imports. The Iranian attack was largely thwarted, and the dockworkers strike could be short-lived. That's thanks in part to strong demand in China.

Persons: —, JD Vance, Tim Walz, BI's Brent D, Griffiths, Amir Cohen, Hurricane Helene, it's, Tyler, Paul Podolsky, Kate Capital, Samantha Lee Musk, Jenny Chang, Rodriguez Hey Airbnb, Gen Z, somethings, Critics —, Amazon's, Nicholas Bloom, Eric Adams, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Midwest Nice, REUTERS, US Navy, Bank of America, Northwestern Energy, Bridgewater Associates, Samantha Lee Musk &, mojo, DOJ, Google, BI, Amazon, Stanford, New York City Locations: Israel, Iran, Saudi Arabia, States, Bridgewater, China, Yale, New York, London

☆ We are more skewed to the positive now, says Trivariate's Adam Parker
▼ + stars: | 2024-10-02 | 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 EmailWe are more skewed to the positive now, says Trivariate's Adam ParkerAdam Parker, Trivariate Research founder, joins 'Closing Bell' to discuss markets, earnings and China's stimulus impact on U.S. equities.

Persons: Trivariate's Adam Parker Adam Parker Organizations: Trivariate Research

☆ Tonight's vice presidential debate matters a lot more this time around
▼ + stars: | 2024-10-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, what you need to know about tonight's vice presidential debate , and why it's worth paying attention to. The big storyUp for debateDrew Hallowell/Getty Images; Andrew Harnik/Getty Images; Brandon Bell/Getty Images; Rebecca Zisser/BIOhio Sen. JD Vance and Minnesota Gov. ET for an uncharacteristically important vice presidential debate , write Business Insider's Brent D. Griffiths and John L. Dorman. Thanks to a hot streak at Miu Miu, Prada has done what few luxury retailers have been able to do this year: grow. In short, it doesn't get trendier than Miu Miu — and trendy is good for business.

Persons: —, Drew Hallowell, Andrew Harnik, Brandon Bell, Rebecca Zisser, JD Vance, Tim Walz, Insider's Brent D, Griffiths, John L, Dorman, Donald Trump, Kamala Harris aren't, Vance, Walz, hasn't, Brent, Trump's, There's, Harris, Joe Biden's, Matt Stroshane, Tyler Le, Blackstone, Getty, Justin Sullivan, Nvidia's, Jensen, Mira Murati, Natalie Ammari, That's, Miu Miu, Prada, Jimmy Carter, Mark Rutte, Jens Stoltenberg, Claudia Sheinbaum, Elliott Hill, Mike Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Microsoft, Getty, Ohio Sen, Minnesota Gov, CBS, Netflix, Republican, UBS, Venture, Murati, Consulting, Nike, NYSE Locations: Minnesota, Silicon, New York, London

☆ Buy US-listed casino and copper stocks to capitalize on China stimulus, research firm says
▼ + stars: | 2024-10-01 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

US-listed gaming and copper stocks have outperformed since China's stimulus blitz, Trivariate Research says. "We have concluded the intervention is incrementally bullish for US equities," CEO Adam Parker wrote. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementGaming and copper stocks listed in the US have outperformed since China unleashed a blitz of stimulus, and one research firm is recommending investors consider buying. Parker says historically, not all China stimulus measures have impacted US equities, especially when they coincide with other market moving events in the US.

Persons: Adam Parker, —, Trivariate Research's, Parker, Trivariate, that's Organizations: Trivariate, Sands, Service, CNBC, US, Wynn Resorts, Melco Resorts & Entertainment, CSI Locations: Freeport, McMoran, Las, China, Monday's, McMoRan, Macau

☆ Casinos and copper make the most sense to invest in right now, says Trivariate's Adam Parker
▼ + stars: | 2024-09-30 | 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 EmailCasinos and copper make the most sense to invest in right now, says Trivariate's Adam ParkerAdam Parker, Trivariate Research CEO, joins 'Squawk on the Street' to discuss if the recent rally in China is sustainable, the idea of medium-term upside, and if there's any election risk ahead.

Persons: Trivariate's Adam Parker Adam Parker Organizations: Trivariate Locations: China

☆ These U.S. stocks do the best during periods when China stimulates its economy, according to Trivariate Research
▼ + stars: | 2024-09-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Trivariate Research is laying out some U.S. companies that could win big in China's latest stimulus deal. Last week, China's central bank released a raft of support measures to help stimulate economic growth and boost a struggling real estate market in the second-largest economy in the world. "We see the China stimulus as an incremental positive to risk-taking," wrote Trivariate founder Adam Parker in a note to clients. Trivariate is not the only firm that views commodity stocks as potential beneficiaries, with Morgan Stanley recently naming Freeport in its shopping list for commodity stocks. Gaming stocks could also win big with China's stimulus deal.

Persons: Adam Parker, Parker, Trivariate, Morgan Stanley, Estée Lauder, MicroStrategy Organizations: Capri Holdings Locations: China, Freeport, Sands, Capri

☆ China's $114 billion stimulus package immediately boosted its stock market. But can it last?
▼ + stars: | 2024-09-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

AdvertisementUS financial firms' interest in China was on its last legs, but a new stimulus package has some investors excited again. The immediate impact of China's $114 billion package, which includes cutting interest rates and reducing the amount of money banks need to keep in reserve, has been big. Traders, investors, and speculators have sent China's stock market to its best month in nearly a decade , signaling that the market players think that Beijing's moves are a "bazooka." Our annual list of Wall Street rising stars is here. According to a new report from The Wall Street Journal, executives attempted to woo the AI researcher back before rescinding the offer.

Persons: —, Andres Martinez Casares, Alyssa Powell, Linette Lopez isn't, Linette, Jon Hicks, that's, David Tepper, He's, Tepper, Pan Gongsheng, BI's Filip De Mott, Wall, Natalie Ammari, Crypto, Donald Trump, Kamala Harris, Marc Piasecki, Tyler Le, who's, OpenAI execs, Ilya Sutskever, it's, Tara Anand, aren't, Jerome Powell, Ryan Routh, El Chapo, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Traders, Bank of China, bros, Trump, Getty, Houston Chronicle, Hearst Newspapers, Elon, Wall Street Journal, Netflix, Longshoremen's Association, National Association for Business Locations: China, New York, London, Chicago

☆ We loved living in Austin but left after 10 years. Big businesses and tech wrecked our favorite parts of the city.
▼ + stars: | 2024-09-30 | by ( Laura Niebauer Palmer | ) www.businessinsider.com time to read: +5 min

We hated that many of the city's unique small businesses were being forced out due to high rents. We loved that the city was less hurried, had a small-town feel, and prided itself on its motto, "Keep Austin Weird." AdvertisementWe felt big businesses slowly took away from what made Austin special"Keep Austin Weird" is an ode to the eclectic mix of small businesses found throughout the city. Dmitri Kotchetov/ShutterstockThe Texas capital is known for its motto, "Keep Austin Weird," an ode to the eclectic mix of small businesses found throughout the city. The street was once lined with offbeat stores with unique Austin offerings and welcoming shop owners.

Persons: Austin, —, hasn't, Dmitri Kotchetov, we've, it's, Warby Parker, We've Organizations: Service, Apple, ABC TV, Nike Locations: Austin, Chicago, Texas, The Texas, Congress, Austin .

☆ Insider Today: Austin's genius housing fix
▼ + stars: | 2024-09-28 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

This week's dispatchThe high cost of weight-loss drugsiStock; Rebecca Zisser/BIWhy are two popular weight-loss drugs — Wegovy and diabetes medication Ozempic — so expensive in the US? Patients also bargain-hunt for cheaper weight-loss drugs online, or try to use manufacturer-issued coupons. See the full listiStock; Rebecca Zisser/BIDeals we loveCalling all Madewell shoppers: The bi-annual Madewell Insiders sale is here with 25% off almost everything full-price and an additional 40% off sale. The bi-annual Madewell Insiders sale is here with 25% off almost everything full-price and an additional 40% off sale. The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, you've, Shailene Woodley, George Clooney, Rebecca Zisser, Ozempic, Lars Fruergaard Jorgensen, Sen, Bernie Sanders, it's, Gabby Landsverk, Ro, Henry Meds, Eli Lilly, Stefania Pelfini, Jenny Chang, Rodriguez, BI Marie, Mangin, Yellowstone Joey Hadden, Jackson, Wyoming's, Natalie Ammari, Zers, Austin, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Novo Nordisk, Federal Trade Commission, FDA, copycats, BI, Yellowstone, Austin, Lone Star, Disney, Pixar, British, Netflix, Insiders Locations: Washington ,, Germany, New York City, New York, Chicago

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