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☆ Time to bail on the market's hottest sector? Some investors are starting to sell
▼ + stars: | 2024-10-03 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Utilities are having their best rally in decades , propelled by artificial intelligence enthusiasm and the prospect of lower interest rates, but some investors are cooling on the sector. Rate-sensitive utilities are now the best-performing sector in the S & P 500 in 2024, jumping more than 28%. The sector is on pace for its best year since 2000, when it climbed more than 50%. XLU XLK,.SPX YTD mountain Utilities versus tech and the S & P 500 in 2024 Utilities are viewed as an outsized beneficiary of lower borrowing costs due to their high capital requirements. For the time being, investors are still flocking to the names: Vistra and Constellation hit fresh all-time highs on Thursday.

Persons: XLU XLK, Jason Goepfert, Kathryn Rooney Vera Organizations: Vistra Corp, Constellation Energy

☆ U.S. crude oil rises for third day as traders fear Middle East escalation that disrupts supplies
▼ + stars: | 2024-10-03 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil prices rose nearly 2% on Thursday for a third consecutive session of gains, as the market braces for Israel to retaliate against Iran. The risk of oil supply disruptions increases as fighting in the Middle East intensifies, but OPEC+ is sitting on a large amount of spare crude that could step into the breach, according to Claudio Galimberti, chief economist at Rystad Energy. U.S. crude oil has gained 5% this week. "That would add a significant risk premium to oil," he told CNBC's "Street Signs Europe." As a consequence, oil prices could surge to $200 per barrel if Israel hits Iran's oil infrastructure, he said.

Persons: Claudio Galimberti, Galimberti, Bjarne Schieldrop, Schieldrop, CNBC's Organizations: Rystad Energy Locations: Israel, Iran, OPEC, Swedish, Strait, Hormuz

☆ Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says
▼ + stars: | 2024-10-03 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Oil prices could surge past $200 a barrel if Iran's oil installations are taken offline, a chief commodities expert said. AdvertisementOil prices could roar past $200 a barrel if escalating tensions in the Middle East decimate Iran's crude output, a chief commodities analyst told CNBC. In the $200 per barrel scenario, Brent crude, the international benchmark, would gain 161% from its current price. Still, some investors are betting on the possibility of damaged oil output, Bloomberg reports. These restrictions were introduced to prop up oil prices, but have cost the alliance market share.

Persons: —, SEB's Bjarne Schieldrop, Schieldrop, Brent, Bob McNally, haven't Organizations: Service, CNBC, Traders, Bloomberg Locations: Iran, Hormuz, Israel, Lebanon, Libya, OPEC, Saudi Arabia, Riyadh

☆ Oil rises as Middle East conflict deepens, gains capped by global supply outlook
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: +2 min

Oil prices ticked higher in early trade on Thursday as investors weighed the escalating conflict in the Middle East and the potential for disruption to crude flows, against an amply-supplied global market. But an unexpected build in U.S. crude inventories on Wednesday helped ease some supply concerns and curbed oil price gains. Some investors remained unfazed as global crude supplies have yet to be disrupted by unrest in the key producing region, and spare OPEC capacity tempered worries. OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out that country's facilities. "The effectively available spare capacity might be much lower if renewed attacks on energy infrastructure on countries in the region happen," said Giovanni Staunovo, analyst at UBS.

Persons: derek, East, Jim Simpson, Giovanni Staunovo Organizations: Brent, . West Texas, Energy Information Administration, ANZ, East Daley Analytics, Reuters, OPEC, UBS Locations: Kuwait, Saudi Arabian, Israeli, Beirut's Bachoura, Iran, Israel, Palestine, Lebanon, Gulf

☆ Stock futures are little changed as Wall Street awaits September jobs report: Live updates
▼ + stars: | 2024-10-03 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

U.S. stock futures were flat on Thursday night as traders looked ahead to the widely anticipated release of September's jobs report on Friday morning. S&P 500 futures and Nasdaq 100 futures were also unchanged. These moves came after the major averages ended Thursday's trading session with losses. U.S. oil futures climbed about 5% Thursday, weighing on the major averages. Indeed, all three major averages are already on pace for weekly losses.

Persons: Dow Jones, Barbara Doran, I'd, it's, Doran Organizations: New York Stock Exchange, Dow Jones, Nasdaq, International Longshoremen's Association, United States Maritime Alliance, Dow, BD8 Capital Partners Locations: New York City . U.S, U.S, East, Iran, Israel

☆ Oil is driving the stock market for the first time in a long while
▼ + stars: | 2024-10-03 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Oil prices keep pushing higher as tensions build in the Middle East, and the moves in crude appear to be weighing on the stock market. Overlaying the charts of the United States Oil Fund LP (USO) and the S & P 500 in recent days shows that the fund and the index appear to be inversely correlated. In other words, when the oil fund climbs during the day, the stock market tends to dip, and vice versa. This is a change from rest of the year, when there appeared to be little relationship between the price of oil and the broad stock market. In midday trading Thursday, U.S. crude oil prices were up 4% , and the USO had jumped roughly 3%.

Persons: Jeremiah Buckley, Janus Henderson, Buckley Organizations: United States Oil Fund, CNBC, USO Locations: Iran, Israel

☆ CEO of $8 billion company worked 2 jobs at once to lead a civilian crew into space: ‘You don't sleep a lot’
▼ + stars: | 2024-10-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Billionaire Jared Isaacman spent 2½ years training for a historic 10-minute spacewalk — while simultaneously running a nearly $8 billion company. Isaacman, 41, financed and commanded a SpaceX mission last month that featured the first-ever all-civilian spacewalk, during which he personally floated outside a Dragon space capsule. Isaacman, who has an estimated net worth of $1.5 billion, says he didn't take a leave of absence during those two-plus years of training. The trip was Isaacman's second space venture: In 2021, he financed and led the SpaceX team that became the world's first all-civilian crew to reach orbit. Once in space, the crew worked around the clock, conducting dozens of research experiments in five days while monitoring the capsule and its systems.

Persons: Jared Isaacman, He's, I've, Isaacman, —, Get Organizations: SpaceX, CNBC, Revel Systems Locations: Shift4, Los Angeles

☆ Nvidia bucks the market, and oil jumps on fears of how Israel may respond to Iran's missile attack
▼ + stars: | 2024-10-03 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Markets: U.S. stocks were lower Thursday as Wall Street extends Tuesday's sharp selloff, which was triggered by concern over Iran's missile attacks on Israel. Wall Street will be parsing the government's jobs numbers for their implications on future Fed interest rate cuts. 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, Jensen Huang, Huang, Blackwell, Gordon Haskett, Sundar Pichai, Pichai, Jim Cramer's, Jim Organizations: CNBC, . Markets, Dow, Nasdaq, Constellation Brands, Modelo, Corona, Constellation, Nvidia, Blackwell, Club, Home Depot, Media, Microsoft, Constellation Energy, Jim Cramer's Charitable Locations: Israel, U.S, Orange

☆ Markets looking at a 'record global energy crisis' if Strait of Hormuz is affected, says analyst
▼ + stars: | 2024-10-03 | 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 EmailMarkets looking at a 'record global energy crisis' if Strait of Hormuz is affected, says analystSaul Kavonic, senior research analyst at MST Financial, says that would be "coming on top of a quite fragile market in the wake of the reduction of Russian gas over the last two years."

Persons: Saul Kavonic Locations: Hormuz

☆ Global oil spare capacity offsetting tightening effects from geopolitical disruptions: Daan Struyven
▼ + stars: | 2024-10-03 | 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 EmailGlobal oil spare capacity offsetting tightening effects from geopolitical disruptions: Daan StruyvenDaan Struyven, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the oil market, latest oil price trends, energy market volatility, impact of MIddle East conflict, and more.

Persons: Daan Struyven, Goldman Sachs

Unlike the southern suburbs and other parts of the country, there was no warning to evacuate this Shia-majority neighborhood. Families fleeing the central Beirut strike on Thursday streamed into the mosque’s grounds. But I don’t have the energy to be displaced again.”The Mostafa family from the southern Beirut suburbs share three mattresses amongst themselves amid the mosque’s looming colonnades. Israel’s war cabinet said it aimed to repatriate 60,000 people displaced by Hezbollah’s rocket fire in the country’s northern-most territory. Mahdi had fled his home in the southern Beirut suburbs to west Beirut and was taking a job around his old campus.

Persons: Israel, Israel –, cradled, Mohammad al, Amin, Joseph Campbell, ”, Fatima, Mostafa, Mostafa Mostafa, “, Mahdi, “ They’re, Hadeel Organizations: Lebanon CNN, Islamic Health Authority, Hezbollah, Families, Reuters, CNN, American University of Locations: Beirut, Lebanon, Israel, Gaza, Iran, American University of Beirut

☆ Champions League Wednesday: Prince William watches Aston Villa, Real Madrid suffers shock defeat
▼ + stars: | 2024-10-03 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

Prince William watches Aston Villa stun Bayern MunichAston Villa fan Prince William was in the stands to celebrate his team’s memorable win against Bayern Munich. 15-time Champions League winner Real Madrid suffered its first defeat of the season with a 1-0 loss against Lille, an early setback in the team’s European title defense. Kylian Mbappé, hoping to win a first Champions League of his career, was left frustrated against Lille. With that, Salah stretched his run of scoring at home in the Champions League to five matches – the first player in the club’s history to do so. Salah celebrates Liverpool's second goal.

Persons: Mohamed Salah, Here’s, Prince William, Aston, Jhon, Villa, Pau Torres ’, Durán, Manuel Neuer, Mike Egerton, Emi Martínez, Serge Gnabry, Harry Kane, “, ”, Unai Emery, ‘, Eduardo Camavinga’s, Jonathan David, Andriy Lunin’s, Tiago Santos, Antonio Rüdiger’s, Lucas Chevalier, Jude Bellingham’s, Kylian Mbappé, Stephanie Lecocq, Arda Güler, Les Dogues, Carlo Ancelotti, Alexis Mac Allister, Dan Ndoye, Salah, Liverpool's, Paul Ellis, Arne, Michele Di Gregorio, Vlahović, Benjamin Šeško, Di Gregorio, Douglas Luiz, –, Šeško, Signora, Francisco Conceição, David Raum’s, Lisi Niesner, Germain Organizations: CNN, Aston Villa, Bayern Munich Aston Villa, Bayern Munich, Bayern, Press Association, Villa, Champions League, Dinamo Zagreb, Manchester City, Borussia Dortmund –, ’, Lille, Real Madrid, League, France’s, Sporting CP, Bologna, Reds, Italian, Milan, Liverpool, Getty, Champions League –, ” Juventus, Juventus, RB Leipzig, Juve, Reuters, Salzburg, Brest Stuttgart, Sparta Prague Arsenal, Paris Saint, Germain Barcelona, Young Boys Bayer Leverkusen, Milan Borussia Dortmund, Celtic Internazionale, zvezda, Red Star Belgrade, PSV, Sporting Clube de Portugal Slovan Bratislava, Manchester City Shakhtar Donetsk, Atalanta Girona, Feyenoord Benfica, Madrid Liverpool, Bologna RB Leipzig, Juventus Lille, Real Madrid SK Sturm Graz, Brugge Aston Villa, Bayern Munich Dinamo Zagreb, AS Monaco Locations: Europe, Manchester, Barcelona, underwhelm, France’s Ligue, Matchweek, Bologna, AFP, Paris

☆ Here's where OpenAI's 11 cofounders are now
▼ + stars: | 2024-10-03 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

Most of OpenAI's cofounders have left the startup, with some going to rivals. Here's where all 11 of its cofounders are now and how many remain at the $157 billion company. Here's where all of the 11 cofounders are now. According to her LinkedIn profile, she used to work at Facebook as an AI research engineer before joining Stripe as a software engineer in 2016. OpenAI and none of its 11 cofounders immediately responded to Business Insider's requests for comment, made outside normal working hours.

Persons: it's, Sam Altman, —, OpenAI, Mira Murati, Barret Zoph, Bob McGrew, Ilya Sutskever, John Schulman, Anthropic, Jason Redmond, Altman, John Schulman Schulman, OpenAI's, Jan Leike, Schulman, Wojciech Zaremba Zaremba, Zaremba, Ekon, Musk, Ilya Sutskever Ilya Sutskever, JACK GUEZ, Getty Sutskever, Sustkever, Sustskever, Greg Brockman Brockman, he's, Kingma, Andrej Karpathy Andrej Karpathy, Karpathy, Vicki Cheung Cheung, Elon, Elon Musk, ALAIN JOCARD, Brockman, cofounding OpenAI, Pamela Vagata Vagata, Trevor Blackwell Blackwell, cofounders Organizations: Here's, Service, Getty, OpenAI's Superalignment, OpenAI, Inc, Google DeepMind, Anthropic, Tesla, San Francisco Chronicle, Hearst Newspapers, Getty Images Research, Eureka Labs, SpaceX, The Boring Company, Facebook Locations: AFP, OpenAI, cofounding, Pebblebed

The United States was sending more troops to Vietnam, and Mr. Hunter had recently found out he was one of them. During the session in her apartment, Ms. Neel outlined Mr. Hunter’s body, his hands, his legs and the chair on the five-foot-tall canvas. Mr. Als views these gestural marks outlining his legs, his jacket, his hand as a kind of memory of Mr. Hunter. But they could not locate Mr. Hunter or firmly establish his fate, only that he probably did not die in the Vietnam War. And she saved it and loved that painting as much as any.”The painting was kind of a bittersweet breakthrough for Ms. Neel, Ms. Baum said.

Persons: Alice Neel, Ms, Neel, “, ”, Johnny Carson, Hartley, Ginny, Elizabeth, Hugh Hurd, ” Hartley, Ginny’s, Hilton Als, Neel’s, James Hunter, Hunter, Mr, Als, Hunter isn’t, Hunter didn’t, Kelly Baum, ” Ms, Baum, Alice Organizations: Puerto Ricans, Metropolitan Museum of Art, Whitney Museum Locations: Puerto, Los Angeles, United States, Vietnam, Spanish Harlem

☆ Before trying expensive longevity treatments, focus on these 4 basics of living longer first
▼ + stars: | 2024-10-03 | by ( ) www.businessinsider.com time to read: +5 min

A high-tech treatment called hyperbaric oxygen therapy may boost longevity and performance. A longevity doctor said you should first focus on the basics of living longer. The best longevity habits, from exercising daily to building community, don't cost a thing. Dr. Shai Efrati pioneered hyperbaric oxygen therapy for longevity and performance, and uses it himself. But he said the basics like good nutrition, exercise, and a purposeful life are key to living long and living well.

Persons: —, Dr, Shai Efrati, Efrati, what's Organizations: Service, Research

☆ A week after Helene struck the Southeast, power outages and impassable roads stymie recovery as death toll reaches 200
▼ + stars: | 2024-10-03 | by ( Steve Almasy | ) edition.cnn.com time to read: +19 min

In some Georgia counties and one in North Carolina, utilities say more than 90% of their customers are still in the dark. Friends help Sam Soughail, third from left, clear out his Casablanca Cigar Bar in Asheville, North Carolina, on Tuesday, October 1. Mike Stewart/AP Emily Ogburn, right, hugs her friend Cody Klein after he brought her a meal in Swannanoa, North Carolina, on Wednesday. Joe Raedle/Getty Images Hurricane Helene is seen in a satellite photo Thursday afternoon. Marco Bello/Reuters In pictures: Hurricane Helene unleashes its fury Prev NextHundreds of roads remain closed, hampering efforts to send aid to hard-hit communities.

Persons: Helene, ”, Sam Soughail, Melissa Sue Gerrits, Mike Stewart, Jonathan Drake, Emily Ogburn, Cody Klein, Van Hutchins, Dennis Rector, Josh Morgan, Hurricane Helene, Andy Brown, Jeffrey Collins, Len Frisbee, Jeff Roberson, Christian Monterrosa, Ashley Dillinger, Marco Bello, Reuters Linda Bandy, Carissa Sheehan, Kathy Kmonicek, Janice Whitley, Terry Wilson, Sean Rayford, Melinda, Kathleen Flynn, Paul Hennessy, Gerald Herbert, Elmira Glover, Joe Raedle, John Falchetto, Cassandra Randall, Jessica Downey, Greg Lovett, Hailey Morgan, Phelan M, Megan Varner, Sarah Cribbins, Michael, Luis Santana, Miguel J, Rodriguez Carrillo, Richard Burkhart, Mike Carlson, Candice Ocvil, Jibri Tolen, Erik S, Cristobal Herrera, Candace Redwine, Guy Ford, George G, Tapper, Ricardo Arduengo, Joe Burbank, Carol Poulson, Andrew West, Cynthia Centeno, Reuters Charles Starling, Stephen M, Dowell, Chandan Khanna, Thomas Simonetti, Pete Beach, Ramon Espinosa, Paola Chiomante, it’s, “, Patrick Fitzsimmons, Joe Biden, Biden, Kamala Harris, Katie Button’s, Button, José Andrés, “ We’re, ” Button, ” ‘ We’ve, Robert Gaudet, We’ve, Helene Media, Hurricane, ” Gaudet, ” Starlink, Deanne Criswell, CNN’s Jim Acosta, Criswell, ” Criswell Organizations: CNN, Hurricane, Duke Energy, Georgia county, Getty, Homes, AP, Reuters, & Sons Department, USA, AP Local, New York Times, Town, Anadolu, Workers, North Carolina Department of Transportation, . North Carolina Department of Transportation, Tampa Bay Times, AFP, East, Savannah Morning, United States Coast Guard, Walt Disney, Orlando Sentinel, Tribune, Service, Fairview Middle School, Fishel, State Emergency Operations Center, Washington Post, NOAA, La, Cajun Navy, Maxar Technologies, Technologies, Twitter, FEMA, Federal Emergency Management Agency Locations: Florida, Gulf, North Carolina, United States, Georgia, Carolinas, Asheville , North Carolina, Rock , North Carolina, Barnardsville , North Carolina, Lure , North Carolina, Swannanoa , North Carolina, Marshall , North Carolina, Lure, Columbus , North Carolina, Hurricane, Augusta , Georgia, Springs , North Carolina, Old Fort , North Carolina, Bat Cave, Morganton , North Carolina, Old Fort, Fletcher , North Carolina, Steinhatchee , Florida, Tampa , Florida, Steinhatchee, Boone , North Carolina, Asheville, ., Treasure Island , Florida, Horseshoe Beach , Florida, Boone, Valdosta , Georgia, AFP, Horseshoe Beach, Laurel, Vilas , North Carolina, Crystal River , Florida, Crystal River, Peachtree Creek, Atlanta, , Florida, Savannah , Georgia, Savannah, Shore, St . Petersburg , Florida, Key , Florida, Tarpon Springs , Florida, Watauga, Sugar Grove , North Carolina, Port Saint Joe , Florida, Bay Lake , Florida, St . Petersburg, Fort Myers Beach , Florida, Tallahassee, Leon County , Florida, Eastpoint , Florida, Villages, Tallahassee , Florida, Gulfport , Florida, St, Cross City , Florida, Guanimar, Cuba, Panacea , Florida, Puerto Juarez, Mexico, Clearwater , Florida, Weaverville, Fort Liberty, South Carolina, La Bodega, Maui

September had been a month of celebrating Bertha Mendoza’s birthday, as well as her son's and grandson's. “We just decided to throw a big birthday party on Saturday," Sept. 21, Guillermo Mendoza told NBC News in a phone interview. Bertha was proud of her four children: Emanuel Ibarra, Guillermo Mendoza, Clarissa Flores and Esteban Mendoza. Bertha told her that it would probably be their last conversation and that she loved her, Guillermo said. “If you just spoke to her a couple of minutes, you felt like she was your mom," Guillermo said.

Persons: Bertha Mendoza’s, It's, Mendoza, Hurricane Helene, Guillermo, Guillermo Mendoza, ” Bertha Mendoza, Bertha, Emanuel Ibarra, Clarissa Flores, Esteban Mendoza, Elías Mendoza, “, Centro Cristiano Siempre Gozosos, ” Guillermo, wasn’t, ‘, couldn’t, Helene, Guillermo wasn’t, I’m, ” Organizations: Impact Plastics Inc, NBC News, Centro Cristiano Siempre, Authorities, Baptist Church, Erwin Locations: Erwin , Tennessee, Hurricane, United States, Erwin, Guanajuato, Michoacán, Mexico, Johnson City , Tennessee, Johnson City

“They’re going to make a decision in the presidential race, where they’ll weigh a series of considerations. Sen. Bob Casey, D-Pa., and Republican Senate candidate Dave McCormick. “My view is also that President Trump’s right, that France and Germany should pay their fair share,” he added. ”I don’t give advice to the former president,” McCormick said, adding that Republicans writ large “need to focus on a battle of ideas” rather than personal attacks. Trump’s going to do whatever he wants to do.”

Persons: Democratic Sen, Bob Casey, Dave McCormick, Kamala Harris, Donald Trump, Casey, McCormick, Harris, “, ” Casey, “ They’re, They’re, ”, Seth Klein, isn't, “ I’m, I’m, ” Klein, Sen, Trump, Mehmet Oz, He’s, “ I’ve, I’ve, ” McCormick, ” Trump, Trump’s, ” I’m, Trump’s Butler, nominee’s, I’ll, it’s, Harris “, ” Bradley Flenory, ” Flenory, Trump’s Trump Organizations: Democratic, White, Senate, NBC News, University of Pittsburgh, Democratic Party, Republican, Getty, Wall Street Republican, Pennsylvania, GOP, Republicans, Trump, United States Congress, Catholic Locations: HARRISBURG, Pa, Pennsylvania, Ohio , Montana, Arizona, Pittsburgh, Erie, California , New York, Ukraine, . Pennsylvania, Ukrainian, France, Germany, China, Frackville

The death toll has risen to at least 175 across the Southeast since Hurricane Helene made landfall in Florida as a Category 4 storm last week, and hundreds are still missing amid the historic flooding. Salvation Army: The Salvation Army is providing relief, food service and emotional and spiritual care to victims of Hurricane Helene. North Carolina Disaster Relief Fund: Gov. Roy Cooper is encouraging those looking to donate to contribute to the North Carolina Disaster Relief Fund. Ron Desantis activated the Florida Disaster Fund to assist Florida's communities as they work to recover from the damage caused by Hurricane Helene.

Persons: Hurricane Helene, HELENE, Joe Biden, he’s, Roy Cooper, Ron Desantis, Helene Organizations: Salvation Army, Army, Defense Department, North Carolina National Guard, North Carolina Disaster Relief, North Carolina Disaster Relief Fund, Florida Disaster, Florida Disaster Fund, Federal Emergency Management Agency, FEMA, National Voluntary Locations: Hurricane, Florida, Virginia, Carolina, North Carolina, North, Florida Florida, Georgia, Valdosta

Vice presidential candidates JD Vance and Tim Walz faced off in their first and only debate Tuesday night, squaring off over everything from foreign policy and the economy to the 2020 election and abortion rights. Contemporaneous newspaper reports — first reported by Minnesota Public Radio News and APM Reports — place Walz in Nebraska at the time. Fact-check: Is housing 60% more expensive during the Biden administration? “Iran, which launched this attack, has received over $100 billion in unfrozen assets thanks to the Kamala Harris administration," Vance said. As part of a prisoner exchange the Biden administration negotiated with Iran last year, $6 billion more in Iranian assets were unfrozen.

Persons: Vance, Tim Walz, Walz, “, America —, ”, —, That’s, Kamala Harris, Biden, Harris, hasn’t, " Walz, Harris “, she’s, Donald Trump’s, You’ve, Donald Trump, Obama, Harris wasn’t, unfroze, Trump, Trump “, I’ve, Mike Pence Organizations: America, CNN, Minnesota Public Radio, APM, U.S, Center for American Progress, Economic, Global, Washington Post, Social Security, Immigration, Department of Homeland Security, NBC News, Biden, Democratic, Health Affairs, Customs, Capitol, Centers for Disease Control, Minnesota Health Locations: China, Nebraska, Hong Kong, Beijing, Russia, Saudi Arabia, Ireland, Norway, Spain, Lechleitner, U.S, Iran, Minnesota, ”

☆ Michigan young voters enthused for Harris, but their level of support is still a big question
▼ + stars: | 2024-10-02 | by ( John King | ) edition.cnn.com time to read: +9 min

“If she comes up short in Michigan, I don’t think it’s because of young voters,” said Gray, a former co-president of the University of Michigan College Democrats who graduated in May. But young voters’ level of support is a big question for 2024 because of anger and disappointment with how the Biden-Harris administration has handled the Israel-Hamas conflict. In the two prior conversations, both said Biden’s age was a concern for many young voters who felt little connection to the octogenarian president. ‘We feel a sense of betrayal’The biggest risk for Harris is that young voters stay home, skip the presidential line on the ballot, or vote third party. Wayne State student Maya Siegmann talks with John King on campus in Detroit, Michigan.

Persons: Ann, Gray, Kamala Harris, ”, “, Joe Biden’s, Harris, ” Gray, Anushka Jalisatgi, Jalisatgi, ” Jalisatgi, Gretchen Whitmer, ” Whitmer, Debbie Dingell, “ I’m, Max Scheske, John King, Donald Trump, ‘ Trump, ” Scheske, Scheske, Matkin, Biden, Wahbeh Nuseibeh, Wahbeh, Hillary Clinton, Nuseibeh, Israel “, ” Nuseibeh, Maya Siegmann, ” Siegmann, Siegmann, Benjamin Netanyahu Organizations: Ann Arbor , Michigan CNN, University of Michigan College Democrats, ” Voters, Democratic, Michigan, Biden, College Democrats, CNN, University of Michigan, overconfidence, Ann, ” University of Michigan, Ann Arbor College Republicans, Trump, Israel, Republican, Wayne State, Wayne State Syrian Students Association, Hillel, Jewish, Wayne, Israeli Locations: Ann Arbor , Michigan, Michigan, Israel, Ann Arbor, Dearborn , Michigan, American Dearborn, Detroit, United States, Detroit , Michigan

☆ China says it filed an appeal to WTO over Canada's tariffs on EVs and metals
▼ + stars: | 2024-10-02 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +1 min

Aerial view of new energy vehicles at Huaian BYD Industrial Co., Ltd. on August 26, 2024 in Huaian, Jiangsu Province of China. China on Wednesday announced that it has filed an appeal with the World Trade Organization, asking the organization to rule on the recent tariffs that Canada imposed on Chinese electric vehicles and metal products. The ministry said it filed a lawsuit against what it called Canada's "unilateralism and trade protectionist practices" with the WTO, adding that it also launched an anti-discrimination investigation into Ottawa's restrictive measures. These measures will "disrupt and distort the global industrial chain and supply chain," the ministry added. Canada's Ministry of Foreign Affairs did not immediately respond to CNBC's request for comment.

Organizations: Wednesday, World Trade Organization, Union, China's Ministry of Commerce, China, Canada's Ministry of Foreign Affairs Locations: Huaian, Jiangsu Province, China . China, Canada, China, Beijing

☆ I hired a virtual assistant after I realized how overwhelmed I was with work. Asking for help was hard, but it's been so worth it.
▼ + stars: | 2024-10-02 | by ( Tawny Lara | ) www.businessinsider.com time to read: +6 min

I hired a virtual assistant and work with her five hours a week. AdvertisementI burned a pot of black beans the day I hired my virtual assistant. I asked her to tell me more about this whole virtual assistant thing, and it sounded like just what I needed. Asking for help was hard but necessaryI didn't expect considering outsourcing tasks to bring up so many confronting emotions. I compared the average rate for a virtual assistant ($26.34 per hour nationally, ranging from $30-$40 in NYC, where I live) to what I charge hourly for my services.

Persons: I've, —, Sarah —, Sarah, There's, we've Organizations: Service, VAs Locations: NYC

☆ Excess OPEC capacity keeping oil prices from spiking after Iran attack, says CIBC's Rebecca Babin
▼ + 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 EmailExcess OPEC capacity keeping oil prices from spiking after Iran attack, says CIBC's Rebecca BabinRebecca Babin, CIBC Private Wealth senior energy trader, joins 'Squawk Box' to discuss oil price trends, impact of Iran's ballistic missile attack on Israel, Saudi oil minister's warning to fellow OPEC members, and more.

Persons: CIBC's Rebecca Babin Rebecca Babin Organizations: CIBC Private Wealth Locations: Iran, Israel, Saudi

☆ The economy is in an industrial recession and higher oil prices could spark a full downturn, Wall Street economist says
▼ + stars: | 2024-10-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The US is in an industrial recession, according to Piper Sandler economist Jake Oubina. A spike in oil prices could be enough to tip the economy into a full recession, Oubina added. But in general, the economy's showing an industrial recession," Oubina said in an interview with Fox Business on Tuesday. AdvertisementThe economy could slip into a broader recession if there's a spike in oil and energy prices, Oubina added. "Oil prices spiking, energy prices spiking in the past, have been enough to tip the economy from a slowing into a recession.

Persons: Piper Sandler, Jake Oubina, —, That's, Oubina, Brent Organizations: Service, Institute of Supply Management, Fox Business, Atlanta Fed, Bank of America Locations: Iran, Israel

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