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☆ Why Wimbledon is the Grand Slam title that every player craves
▼ + stars: | 2024-06-30 | by ( Matthew Futterman | ) www.nytimes.com time to read: +15 min

After she’d won her fourth Grand Slam title and her third French Open, while still just 22 years old. GO DEEPER The trick to winning on Wimbledon grass? Gilbert had never watched one of his players win Wimbledon from the coaches’ box. Barty won Wimbledon in 2021 for the first and only time, then won the Australian Open the following January. “Every year it’s easier for me to adapt to grass,” Swiatek said.

Persons: Iga Swiatek, she’d, Swiatek, Iga, Zac Goodwin, “, ” Swiatek, ”, —, Joe Toth, Grass, Serena Williams, Julian Finney, haven’t, Greg Norman, Casper Ruud, Ivan Lendl, Andy Murray, Roger Federer, Carlos Alcaraz, Roland Garros, Brad Gilbert, Coco Gauff, Zendaya, Gilbert, Andre Agassi, Andy Roddick, ” Gilbert, Gauff, Sofia Kenin, Daniel Leal, Rod Laver, ” Laver, it’s, Cliff Drysdale, ” Drysdale, Drysdale, Mark McCormack, Ash Barty, Barty, Matthias Hangst, Nick Kyrgios, Novak Djokovic, Marketa Vondrousova, ” Djokovic, He’s, Paris, Djokovic, ” Sinner, Sinner, Jason Bourne, volleying, Gavin MacMillan, Aryna Sabalenka, they’ve, ” MacMillan, Shi Tang, Eamonn Dalton Organizations: Tennis, Wimbledon’s, England Club, French, of Fame, Wimbledon, Getty, Augusta, dodger, Roland, Slams, ESPN, All England, U.S, Broadway, La Scala, Bolshoi Theater, Court, Central Press, Hulton, National, West, IMG, Olympic Games, U.S ., Players, “, Deutsch, The Athletic Locations: SW19, London, Paris, Italy, Halle, Augusta, Wimbledon, California, New Jersey, Basel, Australia, New York City, Bentleys, Australian, Serbia

☆ Top Wall Street analysts favor these dividend stocks for better returns
▼ + stars: | 2024-06-30 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. Darden RestaurantsThe first dividend stock is Darden Restaurants (DRI), which operates several popular brands in full-service dining, including Olive Garden, LongHorn Steakhouse and Yard House. While Darden exceeded analysts' earnings expectations, its sales slightly missed the Street's consensus amid increased discounting by rivals. Moreover, the company announced a dividend hike of nearly 7%, bringing the quarterly dividend to $1.40 per share. (See International Seaways' Stock Charts on TipRanks)CitigroupFinally, let's discuss this week's third dividend stock, banking giant Citigroup (C).

Persons: Wall, Darden, Peter Saleh, Saleh, TipRanks, Benjamin Nolan, Nolan, INSW, Goldman Sachs, Richard Ramsden, Ramsden Organizations: Darden, Olive Garden, LongHorn, Citigroup, Management, Citi, Services Locations: Olive, Rohnert Park , California

☆ France votes in snap election that could hand power to the far right
▼ + stars: | 2024-06-30 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Vandalized posters with images of local candidates for the European Parliament election mixed with those from the first round of the 2024 French legislative elections, seen on June 24 2024, in Val d Arry, Calvados. France will hold an early legislative election in two rounds on June 30 and July 7 2024, following President Emmanuel Macrons decision which was triggered by his party's heavy defeat to the far-right National Rally in the 2024 European Parliament election. Nurphoto | Nurphoto | Getty ImagesFrench voters are heading to the polls on Sunday for the first round of voting in a snap parliamentary election that could see the far-right National Rally group become the biggest party in France's National Assembly, polls suggest. Calling the snap election, which will involve two rounds of polling on Sunday and on July 7, Macron said the vote would provide "clarification" and that "France needs a clear majority to act in serenity and harmony." French President Emmanuel Macron waits for guest arrivals for a conference in support of Ukraine with European leaders and government representatives on February 26, 2024 in Paris, France.

Persons: Emmanuel Macrons, Emmanuel Macron, Jordan Bardella, Macron, Le Pen, Jordan Bardella —, Pen, Peter Garnry, Giorgia Meloni, George Dyson, Dyson, Ludovic Marin Organizations: Nurphoto, Getty, National Assembly, National, Analysts, Chesnot, New Popular, National Rally, Le, Palais des Sports, Saxo Bank, Risks, Republicans, Renaissance, Nexus Institute, AFP Locations: Val d, Calvados, France, Ukraine, Paris, Germany, The Hague, Netherlands

☆ I spent $38,000 to take my toy poodle on a private jet to Japan. I want to plan a trip for my other dogs next.
▼ + stars: | 2024-06-30 | by ( Faye Bradley | ) www.businessinsider.com time to read: +7 min

The second trip came with a significantly higher price tag of $38,000. Gladys TsoiOur first trip to Japan included two other poodle friends, while our second trip in April 2024 was a family affair with my parents and brother. For the second trip, we opted for a private jet both ways. Gladys TsoiOur second trip, which took place in April, lasted 8 days and covered 10 prefectures. Our road trip took us through Fukuoka, Oita, Yufuin, Kumamoto, Beppu, Nagasaki, Yanagawa, Sasebo, and Itoshima.

Persons: —, Gladys Tsoi, we'd, splurging, Hershey, Milo, mutt, Mount Fuji, Tsoi, Mount Aso, I'm Organizations: Service, Business, Hong Kong International Airport, Hershey, Japan, Mount, Korean Air, Japan Airlines Locations: Hong Kong, Japan, Malibu, Tokyo, Hakuba, Osaka, Kyoto, Nara, Izu, Seoul, Inumo Shibakoen, Shibuya, Mount Omuro, Kyushu, Fukuoka, Oita, Yufuin, Kumamoto, Beppu, Nagasaki, Yanagawa, Sasebo, Nampuro, Milo

CNN —Israel has sparked condemnation after the finance minister announced plans to legally recognize five unauthorized Jewish settlements in the occupied West Bank. As CNN has reported, the Israeli government has been looking to “strengthen” Jewish settlements in the occupied West Bank after several countries unilaterally recognized a Palestinian state. The Palestinian Authority, which administers some areas of the Israeli-occupied West Bank, told CNN on Sunday that it has not yet received the funds from Israel. He has long advocated for the building of settlements, pointing to them as a means of preventing the West Bank becoming part of such an independent state. Such settlements are considered illegal under international law and by much of the international community.

Persons: CNN — Israel, Bezalel Smotrich, ”, Amir Cohen, Peter Stano, “, Smotrich Organizations: CNN, West Bank, Palestinian Authority, Israel, Israeli, Reuters, Union, Oslo Accords Locations: Palestinian, Israel, Qatar, Egypt, Saudi Arabia, Gaza, East Jerusalem, Oslo

☆ A new era of smartphone wars is about to begin
▼ + stars: | 2024-06-30 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Competition may have died down but the original smartphone wars were so intense for Steve Jobs he once declared that he'd start a "thermonuclear war." Smartphone wars in the AI eraThe smartphone market has been lagging. The company will be banking on Apple Intelligence being a hit with consumers, potentially revitalizing sales in markets like China. Samsung Galaxy S24 lineup. SamsungThe South Korean tech giant must be hoping to regain its crown as king of the smartphone market.

Persons: —, Steve Jobs, Jobs, Walter Isaacson, Justin Sullivan, Assurant, Tim Cook, Siri, Apple, OpenAI, iPhones, Wang Gang, it's Organizations: Service, Apple, Samsung, Business, Android, Google, Samsung Galaxy, Samsung's, Apple Intelligence, Worldwide, Huawei, Project Astra, Galaxy, South, IDC Locations: China, Paris

☆ The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
▼ + stars: | 2024-06-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

In a report last week, it called out high debt, banking vulnerabilities, and trade barriers. These are important downside risks that could impact the global economy, it said. AdvertisementChronic deficits are leading toward a debt-to-GDP ratio of 140% by 2032, IMF said, a situation that needs to be addressed urgently. Advertisement"These create systemic risks to the U.S. and global economy that are entirely avoidable. Meanwhile, Washington's increasingly protectionist approach to trade is a risk to US and global growth, the IMF said.

Persons: —, Washington's, Biden, Trump Organizations: Monetary Fund, Service, International Monetary Fund, IMF, Republicans, Democrats, Silicon Valley Bank, Republican Locations: Washington, Silicon, Basel, China, Beijing, U.S

☆ US employers want more part-time workers. Here’s what that means
▼ + stars: | 2024-06-30 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

“So far, the labor market has adjusted slowly, and the unemployment rate has only edged up. The industries that were most likely to advertise part-time work as of May were beauty and wellness; personal care and home health; retail; food preparation and service; and sports, Indeed said. During the Great Recession from 2007 to 2009, part-time work rose sharply, according to research from the San Francisco Fed. “There was this rise in part-time work when the economy and the labor market were doing well coming out of the pandemic,” Culbertson told CNN. The US Labor Department releases June figures gauging the state of the labor market, including monthly job growth, wage gains and the unemployment rate.

Persons: Mary Daly, ” Daly, Daniel Culbertson, ” Culbertson, Alicia Wallace, Friday’s, Jerome Powell, John Williams Organizations: CNN Business, Bell, Washington CNN — Companies, Labor Department, Federal Reserve, San Francisco Fed, Commonwealth Club World Affairs of, CNN, Commerce Department, Commerce, P Global, Institute for Supply Management, European Central Bank, US Labor Department, Constellation Brands, Constellation Brands . New York Fed, US Commerce Department, New York Fed Locations: Washington, Commonwealth Club World Affairs of California, Constellation Brands .

☆ Rich collectors want to give art to their kids, but they don't want it. Here's what they can do instead, and they can save millions on taxes, too.
▼ + stars: | 2024-06-30 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +7 min

Read previewNearly 80% of wealthy art collectors want their masterpieces to stay in the family, according to a Bank of America survey. For instance, the survey found that collectors between 21 and 43 have a greater appreciation for sculptures and antiquities than older art aficionados. Rich art collectors are reluctant to address the issue, according to Rosemary Ringwald, head of art planning at Bank of America's private bank. Collectors are increasingly picking art executors or art trustees to oversee their possessions after they die, she said. The ideal executor does not have a financial interest in the art and isn't a prospective owner of it.

Persons: —, Rich, Rosemary Ringwald, Ringwald Organizations: Service, Bank of America, Business, Bank of, IRS, Bank Locations: Aspen

☆ Tractor Supply Co. backtracks on DEI roles and goals
▼ + stars: | 2024-06-29 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +6 min

New York CNN —Tractor Supply Company has eliminated its diversity, equity and inclusion initiatives as part of what the retail chain says is a push to distance itself from “nonbusiness activities” after conservative backlash from some of its customer base. “You can’t say you’re going to try to do at Tractor Supply what they do at the Apple headquarters in Cupertino, California — that’s definitely not going to work,” he said. “Tractor Supply Co is turning its back on their own neighbors with this shortsighted decision,” Eric Bloem, vice president of Programs and Corporate Advocacy at the Human Rights Campaign, told CNN in a statement Saturday. This is why the Tractor Supply — and most of the country’s biggest employers — have worked with us for years to create inclusive policies and practices. Those are the parts that business leaders aren’t thinking about as they are folding on DEI.”

Persons: ”, “, Robby Starbuck, Starbuck, X, ” Shaun Harper, Harper, that’s, ” Eric Bloem, —, Bud Light’s, influencer Dylan Mulvaney Organizations: New, New York CNN — Tractor Supply Company, Supply, Tennessee’s, Congressional, Tractor Supply, University of Southern, CNN, Tractor, National FFA Organization, Apple, ”, Human Rights, “, Companies, Anheuser, Busch InBev, Target Locations: New York, University of Southern California, Brentwood , Tennessee, Cupertino , California, United States

☆ Eddie Murphy is still stung by that David Spade joke on ‘Saturday Night Live’
▼ + stars: | 2024-06-29 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —Eddie Murphy is reflecting on some of the “cheap shots” he feels he’s taken over the years. Make a wish.” Murphy told the Times the joke came after his film, “Vampire in Brooklyn,” had flopped at the box office. Eddie Murphy and Chevy Chase during the "Weekend Update" segment of an April 1981 episode of "Saturday Night Live." I’m cool with David Spade, I’m cool with Lorne Michaels. I went back to SNL,” Murphy said this week.

Persons: Eddie Murphy, he’s, Oscar, –, Axel F, “, ” Murphy, Murphy, David Spade, ’, Spade, it’s, ”, Chevy, Fred Hermansky, you’ve, ” Spade, Lorne Michaels Organizations: CNN, Beverly Hills, Netflix, The New York Times, SNL, Times, Chevy Chase, Bank, Getty, NBC, “ Locations: Beverly, Brooklyn

☆ Opinion | A Message From the West Bank: ‘We Are Coming to Horrible Days’
▼ + stars: | 2024-06-29 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +1 min

The West Bank village of Qusra was smoldering as I arrived. Clouds of black smoke swirled from a field where rampaging Israeli settlers had lit it on fire, while also setting fire to Palestinian homes and vehicles, according to Qusra residents. “At any moment, we expect settlers to attack,” said Abdel-Majeed Hassan, a salt-of-the-earth farmer in his 70s. I met Hassan here in 2015, on one of my many trips to Israel and the Palestinian territories over the years. Despite enduring repeated attacks by settlers who coveted his land, he thought then that he could hang on to his family farm.

Persons: ”, Abdel, Majeed Hassan, Hassan Organizations: “, West Bank Locations: Bank, Qusra, Gaza, Israel

☆ Bitcoin blues could extend into July but outlook for the second half is upbeat
▼ + stars: | 2024-06-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Bitcoin's blues could linger throughout July, but investors are still optimistic about the cryptocurrency in the second half of the year. July is usually a strong month for bitcoin, which has finished higher for the month in seven of the last 11 years, according to CoinGlass. "There are always other known potential sources of bitcoin supply from government for example, but it's always uncertain when that's coming to market. This week, the crypto market was startled when the U.S. and German governments sent large amounts of previously seized bitcoin to exchanges, according to CryptoQuant. Marion Laboure, senior strategist at Deutsche Bank Research, said growing demand for crypto ETFs will help keep bitcoin's price "elevated" in the months ahead.

Persons: bitcoin, Zach Pandl, it's, JPMorgan's Nikolaos Panigirtzoglou, Pandl, Trump, Marion Laboure, 21Shares, Michael Bloom Organizations: Metrics, Federal, U.S ., Deutsche Bank Research, Solana Locations: U.S, Mt

☆ An inside look at the workings of the 4-part arbitrage and momentum quant strategy driving an award-winning fund that's beaten 99% of its peers
▼ + stars: | 2024-06-29 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

For the ATRFX fund, this means betting on currencies, equities, commodities, and bonds, but not in a direct way. Instead, it employs everything from arbitrage strategies, riding out momentum and interest rates, or sitting on the sidelines when it's choppy. Over the last couple of years, higher interest rates have brought in some good yields. Related storiesOne step further is to arbitrage interest rates across currencies. Investors can do this by identifying national currencies with low interest rates, borrowing in that currency, and then lending in the currencies with higher interest rates.

Persons: David Miller, ATRFX, Miller, It's, that's, Yen, it's Organizations: Service, Systematic Alpha Fund, Business, Catalyst Capital Advisors, BNP Paribas, BNP, Commodities Commodities, Bloomberg, Federal Reserve

☆ Iran Warns Israel Against War in Lebanon Against Hezbollah: Latest Updates
▼ + stars: | 2024-06-29 | by ( Vivian Nereim | ) www.nytimes.com time to read: +9 min

Illegal Israeli settlements in the Gush Etzion settlement block in the Israeli-occupied West Bank in 2020. But after the first Arab-Israeli war, Jordan took control of the West Bank, and Jerusalem became divided between Israel and Jordan. In the 1967 war, Israel annexed East Jerusalem and occupied the West Bank, which it says is disputed territory whose fate should be determined in negotiations. That appears to be the goal for Mr. Smotrich, who adamantly opposes Palestinian statehood. In a social media post on Thursday, Mr. Smotrich indicated that the latest settlement legalization was a response to those decisions.

Persons: Benjamin Netanyahu’s, Bezalel Smotrich, Netanyahu, Yoav Gallant, Smotrich, Ammar Awad, Evyatar Borovski, Givat, Assaf Hershkovitz, Sde Ephraim, Jordan, Amit Elkayam, Volker Türk, Tor, “ We’ll, ”, Yehuda Fox, “, ” Aaron Boxerman Organizations: West Bank, Authority, Palestinian, Reuters, West, Peace, United Nations General Assembly, United Nations Security Council, International Court of Justice, Bank, Geneva Convention, Criminal Court, United Nations, International Court of, The New York Times, East Jerusalem —, Mr, Israel’s, Command Locations: Gush Etzion, Bank, Israel, Jerusalem, Jabal Subeih, Nablus, West, Givat Assaf, West Bank, Ras Karkar, Ramallah, Settlers, Hebron, Bethlehem, Jordan, East Jerusalem, Palestinian, Oslo, Evyatar, Beita, Spain, Ireland, Norway, Slovenia, Armenia

☆ Georgia gave low-income Black women $20,000 over 2 years. A participant said the money helped her afford day care and pay bills.
▼ + stars: | 2024-06-29 | by ( Allie Kelly | ) www.businessinsider.com time to read: +8 min

She's also a participant in Georgia's guaranteed basic income pilot called In Her Hands. Compared to non-participants, women receiving basic income were more able to afford bills and pay down debt. Many parents also spent some of their basic income on activities for their children, like summer camp or cheerleading dues. A basic income program providing $1,000 a month to pregnant Black women in San Francisco was sued last year. Have you benefited from a guaranteed basic income program?

Persons: —, Shamarra Woods, Woods, She's, GBI, It's, Georgia's Organizations: Service, Georgia Resilience, Opportunity Fund, Business, Ward, College Park, Republican Locations: Atlanta, Georgia, Clay, Randolph, Terrell, Mississippi, San Francisco, Vine City, Bankhead, Washington Park, Black, Connecticut

☆ Activist Jana has a stake in Rapid7. There are two paths to bolster value at the cybersecurity company
▼ + stars: | 2024-06-29 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Rapid7 Managed Threat Complete is the company's flagship offering, and it includes the Rapid7 Managed Detection and Response program. Activist Commentary: Jana is a very experienced activist investor founded in 2001 by Barry Rosenstein. The firm made its name taking deeply researched activist positions with well-conceived plans for long term value. Rapid7 is a cybersecurity company that expands the expertise of its clients' security operations. In addition, to shift from pure growth to a profitable software company, Rapid7 has focused on meeting targets for $160 million in free cash flow and improved margins.

Persons: Rapid7, Jana, Barry Rosenstein, Rosenstein, Tenable, It's, Corey Thomas, Cannae, Bradstreet, Ken Squire Organizations: VM, National Security Telecommunications Advisory, Federal Reserve Bank of Boston, Foreign Relations, of Massachusetts, LPL Financial, Vanderbilt University, Francisco Partners, Sumo, Cannae Holdings, 13D Locations: Splunk, Rapid7

☆ Opinion: Ukraine’s new weapon against Russia? Lego
▼ + stars: | 2024-06-29 | by ( Opinion Roy Schwartz | ) edition.cnn.com time to read: +7 min

Pictured in Lego miniature is Kyiv’s Golden Gate, released as part of United24's second wave of Ukrainian monument replicas. The inspiration for a Lego campaign came from these initiatives and from Lego Architecture, an adult-oriented line of sets recreating iconic landmarks. The second wave, #UKRAINEinLEGObricks, released last month, includes Kyiv’s Golden Gate, Crimea’s Khan Palace, Lviv’s Oblast’s Pidhirtsi Castle, Odesa’s National Academic Opera and Mykolaiv’s Astronomical Observatory. Mykolaiv’s Astronomical Observatory is featured in Lego's second wave of monument recreations. UNITED24All models are made from authentic Lego bricks, though the Lego company isn’t affiliated with the project nor the artists building the sets.

Persons: Roy Schwartz, Volodymyr Zelensky, Yaroslava Gres, Gres, United24, isn’t, Brick, Mark Segedie, ”, ” Eric Law, he’d, “, Law, ” Gres, there’ll Organizations: Twitter, Facebook, CNN, Russia, Deloitte, US, Council, Foreign Relations, World Bank, Lego Foundation, Lego Architecture, Opera, raffles, Velykokostromska Locations: royschwartz.com, Germany, Poland, Ukraine, Russia, Ukrainian, Chicago, Khan, Dnipropetrovsk Oblast, American, Tacoma

The information for the following product(s) has been collected independently by Business Insider: Marriott Bonvoy Boundless® Credit Card. We paid for our travel and hotel entirely with points, and we saved by booking months in advance. Add to it the guilt of paying for said trip, and it's even harder to justify an adults-only trip. That's why we decided to cash out our Marriott Bonvoy points and airline points to pay for the entire trip guilt-free. Whether you're looking to maximize transferrable credit card points for loyalty programs or get your first credit card, our guide to the best credit cards can help you make the right choice.

Persons: We've, —, it's, I've, Brand, We're, you've Organizations: Business, Service, Marriott, JW Marriott, We're Marriott, Ritz Carlton, Residence, Delta Locations: Cabos, Cabo, Delta

☆ Buy these five stocks for 'superior returns,' Bank of America says
▼ + stars: | 2024-06-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Stocks like Nvidia have more room to run, according to Bank of America The Wall Street investment bank recently named several companies that have the potential to generate solid returns. CNBC Pro combed through Bank of America research to find buy-rated stocks that are well positioned to succeed. Viking The luxury cruise company that went public in early May is firing on all cylinders, according to Bank of America. He characterized Viking as, "Sailing away with the luxury cruise market and superior returns." Viking Sailing away with the luxury cruise market and superior returns.

Persons: David Barden, Barden, there's, Barden foresees, Andrew Didora, VIK, Didora, Matt Bullock, Bullock Organizations: Nvidia, Bank of America, Wall, CNBC, Apple, Mobile Bank of America, U.S, Viking, Apple Services Locations: Bank

☆ Turkey growth projections likely to ease, analyst says
▼ + stars: | 2024-06-28 | 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 EmailTurkey growth projections likely to ease, analyst saysEhsan Khoman, director of MENA research and strategy at MUFG Bank, Turkish central bank's decision to hold interest rates.

Persons: Ehsan Khoman Organizations: MUFG Bank Locations: Turkey, Turkish

☆ Step into the daily lives of Canyon Coffee's cofounders. Here's how they balance business, family, and finances.
▼ + stars: | 2024-06-28 | by ( Sponsor Post | Sponsored Apple Card | ) www.businessinsider.com time to read: +10 min

4 You can choose to direct Daily Cash to a Savings account or to an Apple Cash card. By opening a Savings account, Apple Card Owners and Co-Owners are affirmatively electing to have all future Daily Cash automatically deposited into their respective Savings account. Daily Cash may not be divided between Apple Cash Card and Savings accounts. To access and use all Apple Card features and products available only to Apple Card users, you must add Apple Card to Wallet on an iPhone or iPad that supports and has the latest version of iOS or iPadOS. If you reside in the U.S. territories, please call Goldman Sachs at 877-255-5923 with questions about Apple Card.

Persons: Wojtalewicz, Ally Walsh, Casey, Ally, Casey Wojtalewicz, she'll, they're, Daily Cash, Cash, Goldman Sachs Organizations: Apple, Apple Card, Coffee, Savings, Daily, Insider Studios, Goldman Sachs Bank, Salt Lake City Branch, FDIC, Green Dot Bank, Branch, Member FDIC, Apple Cash Card, Minor Outlying Locations: Los Angeles, Echo Park, LA, Salt Lake City, Daily, Salt Lake, American Samoa, Guam, Northern Mariana Islands, United States, U.S

☆ HSBC, Virgin Money and Nationwide customers suffer online banking outage
▼ + stars: | 2024-06-28 | by ( ) www.cnbc.com time to read: +1 min

Customers of HSBC , Nationwide and Virgin Money suffered outages to their online banking services on Friday, in the latest such disruption to plague an industry which increasingly relies on such digital access as it closes physical branches. Thousands of HSBC customers in Britain were unable to access online banking services on Friday, as the bank acknowledged an outage affecting some users of its website and banking app. The bank said at 1115 GMT it had restored access to online and mobile banking, after more than 7,000 customers had complained of problems, according to website DownDetector which tracks such outages. Virgin Money said some of its customers could not access online and mobile banking, while Nationwide said some customers' salary or pension payments were delayed. Some 6,000 branches have closed in Britain since 2015, according to consumer publication Which?.

Persons: Virgin Money Organizations: Citigroup Inc, State Street Corp, Barclays Plc, HSBC Holdings Plc, HSBC, Nationwide, Virgin Money, Virgin Locations: Wharf, Britain

☆ Fed and European Central Bank could cut interest rates in September, Morgan Stanley strategist says
▼ + stars: | 2024-06-28 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

U.S. Federal Reserve Chair Jerome Powell delivers remarks during a press conference following the announcement that the Federal Reserve left interest rates unchanged, in Washington, U.S., June 12, 2024. The U.S. Federal Reserve and European Central Bank could move to cut interest rates in September as key data provides further signs that inflation is cooling in the U.S. and the euro zone, a Morgan Stanley strategist said Friday. "We're more optimistic that both the Fed and ECB will cut rates in September," he told "Squawk Box Europe." And I think, for the Fed, inflation is continuing to fall," he added. A majority of economists polled by Reuters now anticipate the Fed will cut interest rates from its current range of 5.25% to 5.50% this September, with a further trim projected later in the year.

Persons: Jerome Powell, Morgan Stanley, Andrew Sheets, Sheets Organizations: Federal, Federal Reserve, U.S . Federal Reserve, European Central Bank, CNBC, Fed, ECB, Reuters Locations: Washington , U.S, U.S, Europe

☆ 5 money management tips to ensure your funds keep growing
▼ + stars: | 2024-06-28 | by ( Sponsor Post | Sponsored Apple Card | ) www.businessinsider.com time to read: +7 min

Opening a high-yield savings account can be a game-changerWhile 68% of Americans have a standard savings account, according to Forbes, fewer take advantage of high-yield accounts that offer better returns. Although you can choose to receive a physical titanium Apple Card, it's also automatically built into Apple Wallet on iPhone. 3 To access Savings, Apple Card Owners and Co-Owners must open a Savings account. To access and use all Apple Card features and products available only to Apple Card users, you must add Apple Card to Wallet on an iPhone or iPad that supports and has the latest version of iOS or iPadOS. If you reside in the U.S. territories, please call Goldman Sachs at 877-255-5923 with questions about Apple Card.

Persons: it's, Cash, Goldman Sachs Organizations: Economic, Forbes, Apple, Apple Pay, Insider Studios, Apple Card, Savings, Goldman Sachs Bank, Branch, Member FDIC, Daily, Apple Cash Card, Minor Outlying, Merchant, Nike Locations: Salt Lake, American Samoa, Guam, Northern Mariana Islands, United States, U.S

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