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Washington CNN —Senate Republicans on Thursday blocked a bipartisan tax package that would have temporarily expanded the child tax credit and restored some business tax benefits. The Senate tax bill vote also gave Democrats an opportunity to push back against comments from Republican vice presidential candidate Sen. JD Vance of Ohio. Vance has falsely claimed that Vice President Kamala Harris, the presumptive Democratic presidential nominee, is calling to end the child tax credit. Harris has actually called for years to increase the child tax credit. “Democrats do not oppose the Child Tax Credit whatsoever.
Persons: , Sen, JD Vance, Ohio, Vance, Kamala Harris, Harris, Chuck Schumer, , Ohio –, ” Schumer, Jason Smith, Ron Wyden, CNN’s Daniel Dale Organizations: Washington CNN —, Republican, Republicans, GOP, Democratic, Tax, Budget, Center, Oregon Democrat, Taxation Locations: Ohio, Missouri, Oregon, East Palestine , Ohio
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I recently left a role in Big Tech as a senior program manager at Figma, and I've previously worked at Meta, Pinterest, Intuit, and LinkedIn. In 2016, I pivoted to an account manager roleI more than doubled my salary at a tech startup in San Francisco. Next, I was interested in pivoting to a full-time program manager role, so I applied cold, interviewed, and landed an offer at LinkedIn. Here are the four strategies that were the most helpful to me in increasing my salary in Big Tech.
Persons: , Jean Kang, San Francisco who's, It's, I've, I'm, Lauryn Haas Organizations: Service, Meta, Intuit, LinkedIn, Big Tech, Business, Facebook, Microsoft, Big Locations: San Francisco, Big, Pinterest, Figma, Big Tech, Salesforce, lhaas@businessinsider.com
Thousands of Disneyland workers accepted a new offer from the park, scoring a significant pay rise. The deal provides for hourly wages to increase from $19.90 to $26 over three years — a 31% bump. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAfter months of negotiations that nearly led to a strike, thousands of Disneyland workers agreed to accept a new contract. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business
How YouTube Took Over Our Television Screens
  + stars: | 2024-07-30 | by ( Nico Grant | John Koblin | ) www.nytimes.com   time to read: +1 min
Two years ago, YouTube abandoned its audacious plan to beat Hollywood at its own game. So it canceled the shows and fell back on the user-created content that had made it a household name. Now, YouTube consistently ranks as the most popular streaming service on U.S. televisions, surpassing the companies it once tried to emulate. Since Netflix started offering original content in 2012, TV networks have jumped into the streaming race, trying to outflank one another with major upfront investments. Netflix alone spends $17 billion a year on new series and movies as well as on older fare from other companies’ libraries.
Organizations: YouTube, Hollywood, Netflix, Disney, Paramount
Ives: Recent tech sell-off is a bump in the road, not the end
  + stars: | 2024-07-29 | 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 EmailIves: Recent tech sell-off is a bump in the road, not the endDan Ives, Managing Director at Wedbush Securities, discusses the big week for tech earnings from Amazon, Microsoft, Apple, and Meta.
Persons: Dan Ives Organizations: Ives, Wedbush Securities, Amazon, Microsoft, Apple, Meta
Was it the Parisians who bluntly told travelers "do not come" to Paris during the Summer Games? London, Athens and Atlanta all saw a drop in summer visitors when they hosted the Summer Games, said Grant. Empty Airbnbs and unsold ticketsHotels, too, are feeling the pinch of Paris' summer slowdown, with occupancy rates expected to drop to 60% in early July, down some 10 points from 2023, according to Paris' tourism board. Airbnb also said "domestic interest" for stays during the Games has never been higher than in the weeks leading up to Paris Games. 'The Olympics is too broad'Last-minute travelers can still snag tickets to the Paris Games.
Persons: , John Grant, Grant, Rather, They've, OAG's John Grant, Jakub Porzycki, Airbnb Organizations: Olympic Games, France, Summer, Ryanair, Nurphoto, Olympic, Games, Notre Dame, CNBC, Paris Games, Paris, Financial Times Locations: Paris, London, Athens, Atlanta, Delta, Europe, North America, Oceania, Lille
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'A pretty common occurrence': Cities don't see a huge bump in tourism the year they host the OlympicsHost cities in the past two decades haven't see a tourism boom during the year they host the Summer Olympic Games, says OAG's Chief Analyst John Grant. But benefits can come later due to Games' "legacy effect," he said.
Persons: John Grant Organizations: Olympics
But these days, other fast-food chains have revived the $5 price point, hoping to win over customers who have cut back their spending. Sensing diners' fast-food backlash, players such as Brinker International's Chili's have used their marketing to highlight their own value relative to the cost of a fast-food meal. Shares of McDonald's, Burger King parent Restaurant Brands International and Wendy's have all slid by double digits this year. Taco Bell owner Yum Brands is down more than 1% in 2024. Restaurant Brands and Yum Brands are expected to report their quarterly earnings the following week.
Persons: Taco, Burger, Wendy's, McDonald's, Brinker, Rick Cardenas, Robert Byrne, Eric Gonzalez Organizations: Taco Bell, Darden, Burger King, Restaurant Brands, Yum Brands, CNBC, Restaurant
Harris opens up new potential paths to victorySince entering the race, Harris has shown momentum in early polling. This became worrisome for the Biden campaign as warning signs flashed in states like Virginia and New Hampshire. The positive early polling is a great sign for the vice president, but it isn't the only metric that shows momentum. Trump's pick for vice president makes things interestingVice presidential picks are far from guaranteed to help a presidential hopeful win a state. With Biden out of the race, Democrats will likely seek to tie the election — anchored by Harris' candidacy — to the party's future.
Persons: , Kamala Harris, Donald Trump, Lyndon B, Johnson, Joe Biden's, Biden, Biden's, Trump, Harris, isn't, Sen, JD Vance, MAGA, Joe Biden, hto4J6PkOw —, Harry Enten, Harris —, Al Gore, George W, Vance, Ohio Sen, Win McNamee, Doug Emhoff, Mike Pence, John McCain of, Jim Vondruska, Mark Kelly of Arizona, Josh Shapiro, Tim Walz, Andy Beshear, Roy Cooper of, JB Pritzker, Gretchen Whitmer, Pete Buttigieg, Cedric Richmond of, Kelly, Shapiro, Walz Organizations: Service, The United, Democratic, Business, Democrats, Republican National Convention, Democratic National Convention, GOP, New York Times, Trump, Biden, Harris, CNN, Electoral, NV, Omaha -, Black, Anselm College, Convention, Ohio, Ohio Republican, Senate, Ohio Republicans, White, Getty, Pennsylvania, Bloomberg, Illinois, Navy Locations: The United States, Vietnam, Harris, Chicago, Ohio, Siena, Michigan , Wisconsin, Pennsylvania, Omaha, Nebraska, Virginia, New Hampshire, Minnesota, New Mexico, North Carolina, Georgia, John McCain of Arizona, Michigan, Kentucky, Roy Cooper of North Carolina, Cedric Richmond of Louisiana, Arizona, Wisconsin
CNBC Pro screened FactSet for companies in the broad-market index that are reporting quarterly results next week and could see potential upside. He also raised his target price by $10 to $230, implying shares could gain nearly 28% from Thursday's close. The analyst consensus price target on FactSet suggests shares could rise 11% over the next year, adding to the stock's 9% gain so far this year. Power management company Eaton , now regarded as an artificial intelligence-tied data center play , is also on the earnings docket next week. Other favored stocks that could see a post-earnings bump next week include Mastercard , MGM Resorts International and S & P Global .
Persons: Brian J, Pitz, Michael Rollins, Eaton, FactSet Organizations: Nasdaq, CNBC, BMO Capital, Google, Telecommunications, Mobile, Wednesday, Citi, Power, Mastercard, MGM Resorts International, P Global Locations: Thursday's
It also came in above the high end of management's guidance. But here's the root of Thursday's selling: Honeywell downwardly revised its full-year guidance for segment margin, earnings per share, and cash flow guidance. The changes are tied to the inclusion of previously closed and announced acquisitions, as well as a slower-than expected-rebound for short-cycle businesses. Unfortunately, despite some "pockets of short-cycle strength," other short-cycle businesses "are not accelerating as much as we had hoped," CFO Greg Lewis said on the call. But here's the root of Thursday's selling: Honeywell downwardly revised its full-year guidance for segment margin, earnings per share, and cash flow guidance.
Persons: Honeywell downwardly, Greg Lewis, Vimal, Lewis, abate, Jim Cramer's, Jim Cramer, Jim, Daniel Barry Organizations: Honeywell, Revenue, LSEG, Emerson, Aerospace Technologies, Management, Aerospace, Automation, Carrier's, Solutions, CAES Systems Holdings, Air Products, Industrial Automation, Energy, Sustainability Solutions, CNBC, Bloomberg, Getty Locations: UOP, Morristown , New Jersey
If you want a piece of the action gratis, too, we can help you bypass geo-blocks that would usually stop overseas viewers from accessing the free Olympics rugby live streams. If you only want it for the Olympics, you're free to cancel the monthly plan any time you like, with no commitment required. Check price at FuboWhere to watch Olympics rugby in the UKThe UK's BBC will cover every rugby sevens game at the Paris Olympics for free via the BBC iPlayer. Where to watch Olympics rugby in AustraliaIn Australia, all of the Olympics will be shown on the popular free streaming service 9Now. Watch the Olympics rugby live streams.
Persons: Peacock, It's, They're, ExpressVPN Organizations: Business, Olympics, Nations, US, Fiji, The, NBC, Peacock, USA Network, Paris Olympics, BBC, Six Nations, Olympic Locations: France, Australia
Dover's active portfolio management and commitment to capital returns sweeten the investment case. Tobin said the moves will boost Dover's clean-energy portfolio and decrease its exposure to more cyclical capital equipment businesses. I think that what's doing better than planned as the margin performance of the business has just been exemplary through the quarter," Tobin said. Guidance Dover now expects adjusted full-year earnings per share between $9.05 and $9.20, up from its previous range of $9.00 to $9.15. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: , Ingersoll Rand, Jim Cramer, Richard Tobin, Tobin, Encouragingly, It's, Marshall Excelsior, Demaco —, we've, That's, it's, DOV YTD, Dover, biopharma —, Danaher, he's, Jim Cramer's, DOV, Jim, Rafael Henrique Organizations: LSEG, IDEX Corp, Dover, Environmental Solutions Group, Engineered Products, Management, Solutions, Sustainability Technologies, Sustainability Tech, Environmental Solutions, CNBC, Getty Locations: Dover, Veralto, Michigan, biopharma
He told CNN he wasn’t notified of the minors program embargo. The couple flew to Atlanta, Georgia, from Spokane, Washington, on a Delta flight and encountered no issues, they told CNN. Travelers wait for their luggage at the Delta baggage claim at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Tuesday, July 23, 2024. “There should be some kind of compensation for this.”He told CNN the issues have cost him a significant amount of money. Bastian also told Delta passengers in a note on Sunday that the airline would “continue to offer meal vouchers, hotel accommodations and transportation where available.
Persons: CNN —, “ Delta, , Reed, wasn’t, Delta, He’s, Pete Buttigieg, Jeremy, Kaylee Jones, Lucia, ” Jones, Ed Bastian, Christian Monterrosa, Dylan Steele, Steele, , Arthur Ginolfi, I’ve, Ginolfi, Bastian, we’re Organizations: CNN, Delta, , LaGuardia, Delta Air Lines, Atlanta’s Hartsfield, Jackson International Airport, Hartsfield, Jackson Atlanta International, Bloomberg, Getty, Jackson Airport, Delta Airlines Locations: Delta, Atlanta, Charlotte, New, Orlando, New York, Florida, St, Atlanta , Georgia, Spokane , Washington, Delta’s, South Georgia, Washington, Jackson, Philadelphia, New Jersey
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer called out the decline in U.S. government bond yields, saying it points to signs that "the economy is weakening." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jim, Ford, Estee Lauder, Cramer, Jim Cramer's Organizations: CNBC, Apple, Google, RBC Capital
Read previewVice presidential candidates typically receive a ratings bump after their party's convention, but JD Vance is bucking the tradition. Since 2000, vice presidential candidates typically have a net positive rating immediately following the convention, at plus 19 points. Vance, however, is polling at minus six points just one week after accepting the vice presidential nomination and officially embarking on the campaign, according to the network. "The JD Vance pick makes no sense from a statistical polling perspective," CNN political data reporter Harry Enten said. "We'd like to be the first to congratulate JD Vance on making history as the least popular VP pick, well…ever," it reads.
Persons: , JD Vance, Vance, Tim Ryan, Mike DeWine, Nan Whaley, Harry Enten, Harris, Joe Biden, Kamala Harris, Trumpworld, Donald Trump, Trump's, Biden, There's, Trump Organizations: Service, Republican National Convention, CNN, Business, Ohio Senate, Democratic, Republican Gov Locations: Ohio, Dayton
Charlotte, North Carolina CNN —Donald Trump will step out onto the campaign trail Wednesday to an entirely new race and a political landscape once again irrevocably altered by an unprecedented election year. Meanwhile, Trump and his campaign are working to reimagine a playbook and operation launched to take on an unpopular 81-year-old incumbent. He predicted that Harris would start “gaining on or even leading President Trump” in the polls, though he also insisted that the “honeymoon” period would end. Trump’s appearance in Charlotte will provide his first opportunity to contrast himself with Harris before voters in a battleground state. But it was left off the list of states that the Biden campaign viewed as most winnable in a sobering post-debate assessment of the race.
Persons: North Carolina CNN — Donald Trump, Joe Biden, Kamala Harris, Harris, Trump, , “ Biden, , Biden, ” Trump, Trump’s, Harris ’, Tony Fabrizio, Trump ”, Fabrizio, ” Fabrizio, Harris “, Joe Biden’s, , ” Harris, CNN’s Kate Sullivan Organizations: North Carolina CNN, Trump, Democratic Party, Democratic, Fox, The Democratic National Committee, Biden, San, Democrat, MAGA Inc Locations: Charlotte, North Carolina, Georgia, Minnesota, California, San Francisco, Arizona , Georgia, Nevada, Pennsylvania
When my wife got pregnant with our 14-month-old Noah, we continued traveling throughout the pregnancy and Noah's infancy. Yusuf OmarAdapting Noah to nomad lifeSumaiya: Now, we're building our company and raising Noah, our 14-month-old, as best we can. AdvertisementSumaiya and Yusuf Omar flying with baby Noah. When we're on business trips, hotels are a business expense, which is the majority of why we travel. In addition to hotels, we've also spent short stints at our parents' homes and lived in a rented van.
Persons: , Yusuf, Sumaiya Omar, Noah, Sumaiya, Noah's, Noah Omar, Yusuf Omar, COVID, Yusuf Omar Living, we're, Yusuf Omar Sumaiya, we've, Yusuf Omar We, Omar, London Yusuf Omar Yusuf, nannies, Yusuf Omar Yusuf Organizations: Service, Business, Hindustan Times, CNN International, CNN, UN Locations: London, Sumaiya, Durban, South Africa, Gold Coast, Australia, India, Sydney, isn't, New York
Latitude, a French aerospace company based an hour outside Paris, is getting a surge of applications from American engineers after Elon Musk said he would relocate SpaceX headquarters from California to Texas. Those job seekers work at SpaceX, Blue Origin, Lockheed Martin, Tesla and other companies related to the aerospace industry, the spokesperson tells CNBC Make It. He says the message wasn't a takedown of Musk or SpaceX, which Maximin refers to as one of "the best engineering companies in the world." Rather, he says, "if you're not happy where you are, if you want different things, you can come to Europe, and we'll help you." "We have done it multiple times over," Maximin says, adding that his company has "the full support of French authorities" to make the relocation happen quickly.
Persons: Elon Musk, Lockheed Martin, Tesla, Musk, Stanislas Maximin, Rather, Joe Biden, Donald Trump, Maximin Organizations: Elon, SpaceX, Lockheed, CNBC, U.S Locations: French, Paris, California, Texas, U.S, Hawthorne , California, Starbase , Texas, Europe
At Business Insider, we independently monitor and review the best CD interest rates from over 100 financial institutions to help you find the right CD. Best CD Rates Today by TermCredit unions offer many of the best current CD rates right now. The best no-penalty CDs will offer rates slightly higher than the best high-yield savings accounts, and can offer a substantially improved interest rate over traditional brick-and-mortar savings accounts. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates. What's the difference between best CD rates and best CD offers?
Persons: You'll, isn't, DollarSavingsDirect, you'll, they've, Mykail James, Roger Ma, it's, Tania Brown, Sophia Acevedo Organizations: Business, California Coast Credit, Term, Bank, Credit, Credit Union, California Coast Credit Union, Climate, City National Bank of Florida, U.S ., Google, Apple, USALLIANCE, American Consumer Council, of Community Services, Emigrant Bank, BMO Alto, BMO Bank, BMO, Valley Bank, Ponce Bank, Insurance Locations: California, San Diego, Riverside, Florida , Puerto Rico, Somoa, Guam, Northern Mariana Islands, U.S, U.S . Virgin Islands, it's, Maryland , Virginia, Washington, California , Vermont, Nevada, Virginia , Maryland, Massachusetts , Connecticut , New Jersey, New York, Arco, Westchester, , NCUA, Chevron
Time: The idea of Ms. Harris as the presumptive Democratic nominee will take a few days to ripple through the public consciousness. Now, one party has answered the call, and one question becomes: Is Ms. Harris that longed-for alternative, or is she seen as simply a continuation of the much-maligned Biden candidacy? Ms. Harris will drive abortion messaging more sharply. Against Ms. Harris, Republicans could fall into the “very online” trap. It’s hard to overstate the extent to which Republicans view Ms. Harris as unappealing.
Persons: There’s, Biden, Kamala Harris, I’m, Donald Trump, JD Vance, Trump’s, Harris, , they’ll, Mr, Will, ” Ms, Trump, Roe, Wade Organizations: Republican National Convention, Democratic, pollsters, Mr, Harris Voters, Trump
It's also for that reason that the best savings account bonuses are typically smaller than checking account offerings. How bank account bonuses workEarning a bank account bonus is typically a straightforward process. Benefits of bank account bonusesYou can earn a cash bonus when you open a bank account just by completing the bank's promotional requirements. How to maximize the value of bank account bonusesYour greatest risk of not earning a bank bonus is misunderstanding the conditions set by the bank. Common Bank Account Bonus FAQsWhat should I look for in a bank account bonus offer?
Persons: Banks, You've, Jay Zigmont, It's, it's, doesn't, Zigmont, you've Organizations: Childfree, Chevron
And don't worry if you aren't eligible — the best CD rates nationwide are still well above 5% APY. The credit union is offering an 8-month CD special paying 6.00% APY to new members (one CD per new member only). Where to find the best CD rates for a high APYOnline banks and credit unions with high-yield CDsTraditional brick-and-mortar banks tend to offer the lowest rates, on average, on CDs and savings accounts. Important factors to consider for high APY CDsHigh CD interest rates may draw you to one particular CD offering, but there are a few important factors to consider before opening the account. If you suspect rates may rise in the future, consider implementing a CD ladder strategy or exploring alternative CD options, such as a bump-up CD or a step-up CD, which have built-in rate increases.
Persons: isn't, you'll Organizations: California Coast Credit Union, Partners Credit Union, Financial Partners Credit Union Locations: California, San Diego, Riverside, Southern California, Los Angeles County, Orange County, Riverside County, San Diego County, San Francisco, Alameda , California, Chevron
Peacock signed up a lot of new subscribers earlier this year because of an NFL playoff game. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Some of them may no longer be Peacock subscribers. Comcast, Peacock's parent company, reports that the service's subscriber count dropped by 500,000 between the first and second quarters of this year. This story is available exclusively to Business Insider subscribers.
Persons: Peacock, , Travis Kelce, Taylor Swift, It's Organizations: NFL, Service, Comcast, Business
Read previewBeware the "Harris Honeymoon," a Trump team pollster said in an internal memo. In the message, Tony Fabrizio cautioned that though Kamala Harris will likely see a bump in national polls in the upcoming week, nobody should panic because nothing major has changed for them. Pouring salt on the wound, Harris' campaign announced record fundraising numbers in its first 24 hours and is racking up key endorsements. Related storiesThough it's barely been 48 hours since Biden ended his reelection campaign, some pollsters have already started testing Harris against Trump. Harris' very womanhood may pose a challenge for Trump, who often crosses the line when criticizing women and may alienate female voters.
Persons: , pollster, Tony Fabrizio, Kamala Harris, Fabrizio, Harris, Biden, JD Vance, Trump, it's Organizations: Service, Trump, Democratic National Convention, Business, Reuters, Democratic Locations: MAGA
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