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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigher US PCE prices could weaken the case for further rate cuts: StrategistSteve Sosnick, Chief Strategist at Interactive Brokers, highlights some of the key economic risks to keep an eye out for, and says we should be 'rooting' for moderate rate cuts to help guide a soft landing.
Persons: Steve Sosnick Organizations: Interactive
A majority of wealthy investors plan to vote for Kamala Harris over Donald Trump, a new UBS survey says. The survey shows 57% of investors with at least $1 million in investable assets support Harris, while 43% back Trump. AdvertisementA majority of wealthy investors are planning to vote for Kamala Harris over Donald Trump in the upcoming November election. 57% of survey respondents said they plan to vote for Harris, while 43% said they were going to vote for Trump. Harris had a significant edge among Independents, with 60% planning to support her vs 40% for Trump.
Persons: Kamala Harris, Donald Trump, Harris, Organizations: UBS, Trump, Investors, Service, Business
Comedy Wildlife Photography Awards finalists announced
  + stars: | 2024-09-26 | by ( Jack Guy | ) edition.cnn.com   time to read: +2 min
CNN —A smiling elephant seal, a stuck squirrel and a contemplative chimpanzee are among the images shortlisted for this year’s Comedy Wildlife Photography Awards. Each year, the competition supports a sustainable conservation organization and the Whitley Fund for Nature has been selected for 2024. The UK-based charity supports conservation leaders from around the global south. “It’s a privilege to be part of this exciting journey, making us all laugh and raising our awareness of animal conservation,” Sullam said. The overall, category and highly commended winners will be announced at an awards ceremony in London on December 10.
Persons: , Stefan Maier, Tom Sullam, , ” Sullam Organizations: CNN, Nikon, Fund for Nature Locations: London
It represents the major shipping lines, all of which are foreign-owned, as well as terminal operators and port authorities. Depending on duration, a strike could mean shortages of consumer and industrial goods, possibly driving up prices again. That labor peace has helped them capture market share from West Coast ports that have historically had more contentious labor relations. But he said the shipping lines appear unwilling to pay what it takes this time. The shipping lines realize the problem with having Biden order the union back to work, said Tirschwell.
Persons: Luke Sharrett, Patrick Anderson, , USMX, Harold Daggett, John McCown, containerization, Brendan Smialowski, Peter Tirschwell, , Republican Donald Trump, ” Tirschwell, hasn’t, Jonathan Gold, ” Gold, Biden, Joe Biden, Taft, Hartley, George W, Bush, Bradley Saunders, Daggett, ’ ” Organizations: New, New York CNN, US Maritime Association, International Longshoremen’s Association, BMW, Port, Bloomberg, Getty, ILA, Anderson Economic Group, , P Global Market Intelligence, Federal Maritime Administration, Republican, National Retail Federation, North, Capital Economics, United Auto Workers Locations: New York, Maine, Texas, East Coast, Gulf, Gulf Coast, of New York, New Jersey, Port Wilmington, Delaware, Port, Baltimore, Port of Charleston, South Carolina, Charleston , South Carolina, West Coast, Michigan, Port of Baltimore, Baltimore , Maryland, AFP, East, North American
Iwao Hakamada was acquitted after 46 years on death row for a 1968 quadruple murder. Hakamada was the longest-serving inmate on death row of any prisoner worldwide. Go to newsletter preferences Thanks for signing up! AdvertisementAn 88-year-old man has been acquitted of multiple murders in Japan after spending 46 years on death row — most of them in solitary confinement. Iwao Hakamada, the world's longest-serving death row inmate, was found guilty in 1968 of murdering his boss, his boss's wife, and their two children and setting fire to their home.
Persons: Iwao Hakamada, Hakamada, Organizations: Service, Business Locations: Japan
Reuters —South Korean lawmakers on Thursday passed a bill that criminalizes possessing or watching sexually explicit deepfake images and videos, with penalties set to include prison terms and fines. There has been an outcry in South Korea over Telegram group chats where sexually explicit and illegal deepfakes were created and widely shared, prompting calls for tougher punishment. Currently, making sexually explicit deepfakes with the intention of distributing them is punishable by five years in prison or a fine of 50 million won ($37,900) under the Sexual Violence Prevention and Victims Protection Act. Earlier this month, police launched an investigation into Telegram that will look at whether the encrypted messaging app has been complicit in the distribution of sexually explicit deepfake content. Earlier this year, social media platform X blocked users from searching for Taylor Swift after fake sexually explicit images of the pop singer proliferated on social media.
Persons: Yoon Suk, Taylor Swift Organizations: Reuters, South, Telegram Locations: South Korea
Mark Cuban is among the richest people in the US, with an estimated net worth of $5.7 billion. He's earned his fortune through business deals including the $5.7 billion sale of Broadcast.com. Go to newsletter preferences Thanks for signing up! AdvertisementMark Cuban, 66, is one of the wealthiest people in America, with an estimated net worth of $5.7 billion, according to Forbes. This story is available exclusively to Business Insider subscribers.
Persons: Mark Cuban, He's, Organizations: Service, Forbes, Business Locations: Dallas, America
CNN —Japan’s ruling party will elect its new leader Friday, and the winner will become the country’s next prime minister. Prime Minister Fumio Kishida is not in the running after his surprise announcement last month that he would step down following a series of political scandals that fueled calls for him to resign. With the upcoming US presidential election, the new prime minister will navigate Japan’s relations with a new American leader at a time of growing security challenges in Asia, including an increasingly assertive China and a belligerent North Korea. Koizumi, 43, is the US-educated, charismatic son of popular former prime minister Junichiro Koizumi, and could be Japan’s youngest prime minister of the post-war period. He sits on the more progressive wing of the conservative party.
Persons: CNN —, Shinjiro Koizumi, Shigeru Ishiba, Fumio Kishida, haven’t, Kishida, , Koizumi, ” Yu Uchiyama, Margaret Thatcher, Shinzo Abe, , Junichiro Koizumi, acceding, Ishiba Organizations: CNN, Liberal Democratic Party, LDP, Partnership, Tokyo University, Reuters, Bank of, NATO Locations: Japan, China, Japan’s, American, Asia, North Korea, Pacific, South Korea, Bank of Japan
Located within Grand Teton National Park, JAC is popular among private jet travelers. Despite flying commercial, I found JAC to be the most luxurious airport experience. Go to newsletter preferences Thanks for signing up! Jackson Hole Airport (JAC) is the most luxurious and unique facility I've ever flown through. During my first trip to Wyoming in September, I flew in and out of JAC, a small airport located within Grand Teton National Park.
Persons: JAC, Organizations: Jackson, Airport, Service, Business Locations: Grand Teton, Jackson, Wyoming
Washington CNN —Ahmed Abu Khatallah, the Libyan militia leader convicted for his role in the deadly 2012 terrorist attack on the US consulate in Benghazi, was resentenced Thursday to 28 years in prison, despite federal prosecutors seeking at least 60 years to life. Khatallah was present at the hearing, sitting silently at the defense table in a white prison jumpsuit and a long white beard. He listened to the proceedings through a pair of interpreters, but did not address the court at any point. The judge also sentenced Khatallah to 10 years for the fourth crime and ordered him to serve that time after completing the 12-year sentence. The judge maintained the 10-year sentence for the fourth crime, which Khatallah will serve following the first 18 years.
Persons: Washington CNN — Ahmed Abu Khatallah, Christopher Cooper, Khatallah, Cooper, ” “, , Glen Doherty, ” Greg Doherty, Cooper’s, , John Crabb, ” Jeffrey Robinson, J, Christopher Stevens, Sean Smith, Tyrone Woods, Doherty, Barack Obama, Hillary Clinton, Clinton, CNN’s Laura Koran Organizations: Washington CNN, Justice Department, DC, White House Locations: Benghazi, Washington , DC, Libya, America
Learn moreJust a month after the Ryder Cup, Team USA will take on a team of non-European international players for the Presidents Cup. Below, we'll show you how to watch the Presidents Cup, including cable and live streaming options. Keep reading to learn how to watch the Presidents Cup. How to watch the Presidents Cup in the USThe Presidents Cup will air across the Golf Channel and NBC/Peacock in the US. Sling TV Subscription For just the essentials without any extra fluff, Sling TV is the streaming service you're looking for.
Persons: Scottie Scheffler, Xander Schauffele, Wyndham Clark, Jason Day, Hideki Matsuyama, Sungjae, Adam Scott, Peacock, ExpressVPN Organizations: Business, Ryder, USA, European, Golf Channel, NBC, Golf, DirecTV, DirecTV Stream Locations: Montreal, Japan, South Korea, Australia
OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in a strong position and is poised to close a big funding round soon, despite losing top talent this week. In an email to OpenAI's investors seen by CNBC, Friar addressed the departure of Chief Technology Officer Mira Murati, who announced her departure on Wednesday. "I wanted to personally reach out following the news of Mira's departure from OpenAI," Friar wrote in the letter, which was viewed by CNBC. Friar said in the email that the funding round was oversubscribed and would close by next week. "Collectively, we remain laser-focused on bringing AI to everyone and building sustainable revenue models that fuel our operations and deliver value to our investors and employees," Friar wrote.
Persons: Sarah Friar, Friar, Mira Murati, Sam Altman, Bob McGrew, Barret Zoph, she's, OpenAI, Altman, Murati Organizations: CNBC, Microsoft, Apple Locations: OpenAI, San Francisco
Russian President Vladimir Putin said he's considering changing the country's nuclear weapons rules. It would mean an attack from a state backed by a nuclear power would be seen as a "joint attack." Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian President Vladimir Putin is stepping up his nuclear threats against the West, as the US and its allies waver over allowing Ukraine to use long-range weapons they've supplied on targets in Russia.
Persons: Vladimir Putin, Putin, Organizations: Military, Service, National Security, Business Locations: Ukraine, Russia
Sometimes status at work is based on the "right" things, like having relevant skills or past experience. Note: Don't ask, "Do I have status here?" It's a vague-sounding question, and you might not get an honest answer because the person you're asking may think it's rude to say no. Your workplace has experienced a major joltSometimes you fail to get promoted because a jolt has disrupted the status hierarchy. If you've experienced a jolt at work: Don't shoot yourself in the foot.
Persons: New York University who's, I've, you've, doesn't, it's, Tessa West, Tessa Organizations: New York University, Twitter
I've visited all 50 states and most major US tourist attractions — some of which I found overrated. Go to newsletter preferences Thanks for signing up! In fact, after visiting all 50 states solo, I've enjoyed my short visits to nearly all the major tourist attractions in the United States. However, in retrospect, I've found some to be overrated and not places I'd plan an entire trip around. Here are the seven tourist attractions I think are overrated.
Persons: I've, Rushmore, I'd, Organizations: Service Locations: Salem , Massachusetts, United States
Finally, and most importantly, for the subject for this week's podcast, he's the Esports World Cup CEO. So if I would have any idea, any understanding on video games, right, I would watch that too. There's always a clear qualifying way to go to the Esports World Cup, right? I mean, in stadiums, security is being paid by the state for big competition, like a World Cup, right? Arjun KharpalAnd Ralf are you likely to keep the Esports World Cup in Saudi if you renew this next year?
Persons: Ralf Reichert, CNBC's, Tom Chitty, Reichert, Paris, Ralf Reichart, you've, it's, Arjun Kharpal Ralf, I've, I'd, There's, Arjun Kharpal, we're, haven't, Ralf Reichart It's, what's, Tom Chitty Ralf, What's, I'm, esports, we've, We've, Ralf, Ralf Reichart I'd, that's, Arjun, Tom, we'll Organizations: Sports League Gaming, MLS, Premier League, esports, Saudi Locations: esports, Riyadh, Saudi, German, Gothenburg, Sweden, Bangladesh, China, East, Africa, Saudi Arabia
The US is sending Ukraine the Joint Standoff Weapon, an air-launched glide bomb. The powerful munition will give Ukraine's F-16s a new long-range weapon. AdvertisementThe US is sending Ukraine long-range glide bombs for its F-16 fighter jets, giving it new strike options. President Joe Biden announced Thursday that he decided to provide Kyiv with the Joint Standoff Weapon to "enhance Ukraine's long-range strike capabilities" as part of a larger security assistance package. The AGM-154 Joint Standoff Weapon (JSOW) is an air-launched glide bomb with a range of more than 70 miles that has been in service since the late 1990s.
Persons: , Joe Biden Organizations: Service, US Air Force, US Navy, Business Locations: Ukraine, Russia
While parents have used location-tracking apps to keep an eye on their kids since the tech was invented, millennials and Gen Zers are now turning the all-seeing eye onto their parents. The kids who grew up with extra watchful parents are now carefully eyeing their parents' every move. While phones lacked tracking technology when Shafer was younger, her parents set hard limits on which hours she could use her first cellphone and whom she could contact. She described her mom and dad's parenting style as "very typical of overbearing parents, especially immigrant parents." And more parents are tracking their kids in college to help quell their anxiety about the separation.
Persons: Sherry Howard, Howard, , TikTok, Zers, Gen Zers, Kacy Shafer, Shafer, Stephiney Foley, Foley, Kelley Roebuck, Cousin Erica's, Roebuck, y'all, Gabrielle Lask, Lask, didn't, Dr, Kanchi Wijesekera, Julianne Goldfinger, Goldfinger, she's, I'm, Wijesekera, Joy Loverde, Loverde, they've, it's, Julia Pugachevsky Organizations: The New York Times, Pew, Business Locations: Ohio, Caribbean, West Virginia, New York, Shanghai, Smoky, Tennessee, Seattle, Florida, Illinois, California
CNN —People in the United States can now order more free Covid-19 tests from the federal government as the country heads into respiratory virus season with high levels of the coronavirus already circulating. “Reopening this popular program is the latest step by the Biden-Harris Administration to ensure that over-the-counter COVID-19 tests are available to all who want them this fall and winter,” HHS Assistant Secretary for Preparedness and Response Dawn O’Connell said in a statement. More information about ordering these tests is available at ACL.gov/AccessibleTests. The CDC also recommends that everyone age 6 months or older receive an updated Covid-19 vaccine this season to stay up to date. The updated Covid-19 vaccines are available now at pharmacies across the US and can be received at the same time as the annual flu vaccine.
Persons: Harris, Dawn O’Connell, , Dr, Sanjay Gupta, Mandy Cohen, CNN’s Brenda Goodman Organizations: CNN, People, US Postal Service, US Department of Health, Human Services, Biden, Harris Administration, Preparedness, Administration, Strategic Preparedness, US Centers for Disease Control, US Food and Drug Administration, CNN Health, CDC, Moderna, Pfizer Locations: United States, COVIDTests.gov, COVID, Covid
After two years of the double pain of inflation and high interest rates, those things are normalizing. Sure, jobs were plentiful and the economy was growing, but the combination of high prices and high interest rates felt demoralizing. It’s hard to overstate how much interest rates can change the economic mood, Brendan Duke, a senior director for economic policy at the Center for American Progress, told me. And while both Vice President Kamala Harris and former President Donald Trump have proposed ways to increase the housing supply, the process will take years. “There are economic trends like falling interest rates, and there are policies like making an investment in housing supply that can move the needle,” Duke says.
Persons: CNN Business ’, New York CNN —, Matt Phillips, Dow, That’d, Brendan Duke, ‘ it’s, ’ ”, that’s, Kamala Harris, Donald Trump, It’s, ” Duke, they’re Organizations: CNN Business, New York CNN, Dow, Wall, Center for American Progress, National Association of Realtors Locations: New York, Canada, Australia, New Zealand
Oppenheimer's top stock ideas heading into October
  + stars: | 2024-09-26 | by ( Sean Conlon | ) www.cnbc.com   time to read: +4 min
This comes after all three major averages recovered from the Aug. 5 global sell-off to close out last month higher. DKNG YTD mountain DKNG, year-to-date Biotechnology stock Viking Therapeutics also made the list. The stock has already surged more than 239% this year as its experimental obesity treatment advances through clinical trials. Telecommunications stock AT & T was another best idea, with its target of $23 implying more than 6% upside. Other names that made the list include Cigna , whose target implies more than 14% upside, and chip giant Broadcom .
Persons: Oppenheimer, Goldman Sachs, Jed Kelly, DKNG, Jay Olson, NASH, Timothy Horan, Horan isn't Organizations: Nasdaq, Dow Jones, Biotechnology, Viking Therapeutics, Telecommunications, AT, JPMorgan, Broadcom
China test-fired an ICBM this week, launching it into the Pacific Ocean for the first time in over 40 years. Though it was anything but, China's Ministry of Defense said the test launch was "routine." China's intercontinental ballistic missile test on Wednesday was its first in the Pacific in over 40 years. China's ICBM test comes less than a week before the 75th anniversary of the founding of the People's Republic of China. Xinhua/Lin Yiguang via Getty ImagesThe publicly announced ICBM launch comes as PLARF expands its nuclear arsenal and builds up its missile capabilities.
Persons: , could've, Xu, Decker Eveleth, Tianran, Eveleth, Lin Yiguang, PLARF, Captain Ryan DeBooy Organizations: Service, Army's, Force, China's Ministry of Defense, China People's Liberation Army News, Communication Center, Open Nuclear Network, Business, Center for Naval, Getty, Department of Defense, Pentagon, US, Chinese Foreign Ministry Locations: China, Hainan, South, Pacific, Communication Center China, People's Republic of China, Xinhua, Japan, Guam, Russia, Philippines, Taiwan, Beijing, Taiwan Strait
We've put together everything you need to know about where to watch 9-1-1, whether you want to binge-watch old episodes or live stream Season 8. Where to watch 9-1-1 in the USNew episodes of 9-1-1 air on Thursdays at 8 p.m. If you don't have cable or an antenna, you can live stream the network through a variety of live TV packages, including Sling TV, Fubo, or DirecTV Stream. Where to watch 9-1-1 in the UKThe past seven seasons of 9-1-1 are available to stream on Disney+ in the UK. 9-1-1 Season 8 trailerABC dropped a trailer for 9-1-1 Season 8 in early September.
Persons: We've, It's, Ryan Murphy, Brad Falchuk, Tim Minear, Peter Krause, Angela Bassett, Kenneth Choi, Jennifer Love Hewitt, Oliver Stark, Ryan Guzman, Aisha Hinds, Gavin McHugh, VPNs, ExpressVPN, Phil Collins's, Rob Lowe, Gina Torres Organizations: Business, ABC, Sling, DirecTV, Entertainment, DirecTV Stream, Star, Hulu, Global TV, Disney, Lone Star, Lone Locations: Los Angeles, Canada
What's good for memory chipmaker Micron Technology is good for stocks tied to data centers and AI-enabled consumer electronics — two tech trends with robust representation in the Club portfolio. The Micron pop led to broad-based early strength in semiconductor stocks and other tech names. Micron CEO Sanjay Mehrotra's post-earnings commentary on HBM demand was particularly striking. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Sanjay Mehrotra's, Mehrotra, , Jim Cramer's, Jim Cramer, Jim, Jeremy Erickson Organizations: Micron Technology, Club, Micron, Nvidia, Devices, Broadcom, TAM, Microsoft, Apple, AMD, CNBC, Bloomberg, Getty Locations: Boise , Idaho
Trump has said he would consider new tariffs on imports from the country at rates of 60% or higher. watch nowU.S. allies could become a key target of Trump's "America First" policy that is increasingly grouping European and Asian partners alongside rival China. "We have been treated so badly, mostly by allies ... our allies treat us actually worse than our so-called enemies," Trump said at a rally in Wisconsin earlier this month. Retaliation by other U.S. trade partners — whether that be via reciprocal, retaliatory tariffs, or other non-tariff measures — is a potential consequence of all of this," Marro said. Economist Stephen Roach also told CNBC that Trump's tariffs would hurt America's trade partners while only increasing the costs of goods for American consumers and manufacturers.
Persons: Donald Trump, Brandon Bell, Trump, We're, Nick Marro, William Pesek, CNBC's, Marro, Stephen Weymouth, Stephen Roach, William Reinsch, Scholl Organizations: Johnny Mercer Theatre, Getty, Republican, China, Global Trade, Economist Intelligence, Trump Presidency, Georgetown University, CNBC, Business, Center for Strategic, International Studies Locations: Savannah , Georgia, China, Pennsylvania, Korea, North Carolina, Germany, Georgia, German, American, Wisconsin, Taiwan, U.S, Japan
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