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☆ Watch these warning signs for a potential peak in the stock market's long-term bull rally, NDR says
▼ + stars: | 2024-09-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The secular bull market, which began in 2009, is in a mature stage according to NDR's Tim Hayes. "With the secular bull mature, we're watching out for signs that it may be at risk," he said. AdvertisementWith the S&P 500 in its 15th year of a secular bull market that started in 2009, Ned Davis Research says investors should watch for warning signs of a potential peak. The first warning sign of a near-term peak in the stock market is worsening breadth among the underlying issues of the US stock market. And a rebound in inflation, coupled with rising interest rates, would be an unwelcome warning sign for the current bull rally in stocks.

Persons: Ned Davis, Tim Hayes, —, Hayes Organizations: Ned Davis Research, Service, NDR

☆ Maggie Smith, Oscar-winning actor known from Harry Potter and 'Downton Abbey,' has died at age 89
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: +5 min

Actress Dame Maggie Smith arrives at the Royal Film Performance and World Premiere of the film, "The Second Best Exotic Marigold Hotel", at Leicester Square, London February 17, 2015. Smith's sons, Chris Larkin and Toby Stephens, said in a statement that Smith died early Friday in a London hospital. You have to get up very, very early in the morning to outwit Maggie Smith." "Jean Brodie," in which she played a dangerously charismatic Edinburgh schoolteacher, brought her the Academy Award for best actress, and the British Academy Film Award (BAFTA) as well in 1969. English actress Maggie Smith, UK, 8th March 1974.

Persons: Dame Maggie Smith, Peter Nicholls, Maggie Smith, Miss Jean Brodie, dowager Countess of Grantham, Minerva McGonagall, Harry Potter, Smith's, Chris Larkin, Toby Stephens, Smith, Clair Dobbs, Vanessa Redgrave, Judi Dench, Smith drily, McGonagall, Richard Eyre, I've, Jean Brodie, Oscar, Judith Hearne, Mussolini, Tony, " Smith, Richard Burton, Peter Hall, Frank Rich, Coward, Wilde, Noel Coward's, It's, Margaret Natalie Smith, one's, Maggie, Margaret Smith, Laurence Olivier, Joyce Redman, Emilia, Desdemona, Stuart Burge's, Shakespeare's Organizations: Leicester Square, British Academy Film Award, Vaudeville Theatre, Getty, Golden Globes, Globe, New York Times, Oxford Playhouse School, National Theatre, Shepperton Studios, Moviepix Locations: Leicester, London, Downton, British, Edinburgh, Hay, Ilford, Oxford, Surrey

☆ Dominick Dunne, the crime journalist central to Netflix's drama "Monsters: The Lyle and Erik Menendez Story," had a life worthy of a biopic. Here's what to know.
▼ + stars: | 2024-09-27 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +7 min

Former Vanity Fair reporter Dominick Dunne is central to "Monsters: The Lyle and Erik Menendez Story." Dunne's theories about the Menendez brothers' motives are featured in the series. Dominique Dunne was Dunne's youngest child, and her death turned him into a crime reporterValerie Harper and Dominique Dunne in 1981. He covered several more high-profile cases on top of the Mendedez brothers' trial in 1993. "Monsters: The Lyle and Erik Menendez Story" is available to stream on Netflix.

Persons: Dominick Dunne, Lyle, Erik Menendez, Menendez, Dunne, —, Erik Menendez's, Ryan Murphy, Ian Brennan's, Kitty Menendez, Nathan Lane, wasn't, Tammi Menendez, Murphy, Joan VanderMolen, o7KEOEoYwr — Tammi Menendez, It's, Dominique Dunne, Valerie Harper, Lee Green, Ellen Griffin, Dunne's, Dominique, John Thomas Sweeney, Sweeney, Slate, Anthony Pellicano, Pellicano, Dominick, Jimi Celeste, Patrick McMullan, Phil Spector's, CourtTV, Dominick Dunne's Power Organizations: Service, Netflix, Variety, Business, American Broadcasting Companies, Getty Locations: Hollywood

☆ Read the memo Dell sent ordering its sales staff back to the office 5 days a week
▼ + stars: | 2024-09-27 | by ( Jyoti Mann | Polly Thompson | ) www.businessinsider.com time to read: +7 min

Dell is mandating all global sales workers return to the office five days a week from Monday. AdvertisementDell has issued a return-to-office mandate calling for all of its sales workers to work from the office five days a week. The tech giant sent a memo to its entire global sales team on Thursday, requiring them to be in the office all week from Monday. Field sellers who can't go into a Dell office should prioritize time spent in person with customers and partners. Bill ScannellPresident, Global Sales & Customer OperationsJohn ByrnePresident, Sales, Global Regions, Dell Tech SelectImplementation will be subject to local laws, regulations and practices, including works council and employee representative consultation where applicable.

Persons: —, Dell, Bill Scannell, John Byrne, Byrne, Vivek Mohindra, Mohindra, Andy Jassy, we're, Let's, John, Polly Thompson Organizations: Dell, Service, Dell Tech, Business, Global, Dell Technologies, Global Regions

☆ Elon Musk's 'autocratic' style made SpaceX thrive — but his fixations could threaten its dominance, according to a new book
▼ + stars: | 2024-09-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

Elon Musk near a Falcon 9 rocket at SpaceX headquarters in Hawthorne, California in 2018. SpaceXSo much of the way SpaceX operates, as you tell it in the book, is Elon Musk's hands-on management and the way he pushes his workers. I don't think Elon does very well in those types of environments. I don't really understand the entire arc of his changing political views over the last decade. I don't think the regular person really understands what a technological leap Starship is.

Persons: Eric Berger, Elon Musk, Berger, —, Elon Musk's, Elon, David McNew, Jared Isaacman, it's, We've, What's, Obama, he's, Sarah Gillis, You've, you've Organizations: Business, Service, SpaceX, Falcon, Ars Technica, Tesla, Twitter, Elon, House, Polaris Dawn, Crew Locations: Hawthorne , California, United States, Russia

☆ Morgan Stanley raises its price target for a Chinese tech giant it calls a ‘safe haven’
▼ + stars: | 2024-09-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Of all Chinese internet stocks, one company has the "best risk-reward" for investors, Morgan Stanley says. Morgan Stanley raised its price target for Tencent from 450 Hong Kong dollars to 480 Hong Kong dollars ($57.80 to $61.70). Its shares have jumped since mid September, from about around 374 Hong Kong dollars to the current 424 Hong Kong dollars. As for its games unit, Morgan Stanley says the firm will enjoy "near-term catalysts," adding that there will be a "robust" pipeline, with its evergreen games set to continue netting growth. It estimates Tencent's games revenue growth could rise 13% and 10% year on year in the second half this year and in 2025, respectively.

Persons: Morgan Stanley, Tencent, there's, — CNBC's Michael Bloom Organizations: Hong Locations: Hong Kong, Alibaba

☆ Eric Adams is showing up to court for the first time since his historic indictment
▼ + stars: | 2024-09-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +2 min

Eric Adams is appearing in court for the first time in his criminal case Friday. AdvertisementNew York City Mayor Eric Adams arrived in Manhattan federal court Friday morning, where he is expected to enter a plea in his sprawling criminal bribery case. Adams is being represented in his criminal case by Alex Spiro, Elon Musk's go-to lawyer. Spiro recently won an acquittal for Alec Baldwin in a criminal case over the "Rust" movie set shooting. AdvertisementHo took the bench in a year ago, and the indictment against Adams would be his first high-profile case as a judge.

Persons: Eric Adams, He's, Adams, —, Katherine Parker, Sean, Diddy, Combs, Alex Spiro, Elon Musk's, Spiro, Alec Baldwin, Dale Ho, Joe Biden, Ho Organizations: Prosecutors, Service, York City, of, Turkish, United, US, American Civil Liberties Union Locations: Turkey, York, Manhattan, Southern, of New York, United Nations

☆ Columbus, Ohio is the city with the fastest car commute in America, new study shows—see the full top 10 list
▼ + stars: | 2024-09-27 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

The United States is home to some of the most congested cities in the world, but there are some places around the country where residents have a smooth daily commute. The average commute time was calculated using the 2022 American Census Survey and the traffic was calculated using Lyft data from August 2023 to August 2024. The report found that 25% of the commuters surveyed said that time was the most important factor in having a great commute. "If you are going back to the office, you know that the commute is not what it once was. Though dealing with congestion might seem bad, Bob Pischue, a transportation analyst at INRIX, says it's a sign of a good economy.

Persons: it's, Jill Gonzalez, Bob Pischue Organizations: Survey, CNBC Locations: States, United States, U.S, INRIX

☆ Dallas Cowboys get much-needed win, edging past the New York Giants
▼ + stars: | 2024-09-27 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —The Dallas Cowboys got a much-needed victory on Thursday Night Football as they edged past the New York Giants 20-15 at MetLife Stadium. The narrow win continues the Cowboys’ domination over their division rivals. Afterwards, Dallas’ franchise QB spoke of how important the victory was for ‘America’s Team.’“It was huge, absolutely,” Prescott told reporters. Aubrey converted two fourth-quarter field goals to help seal the victory against the New York Giants. In the end, Amani Oruwariye intercepted Giants quarterback Daniel Jones with just seconds remaining to seal the victory for Dallas as they improved to 2-2 on the season; New York, meanwhile, falls to 1-3.

Persons: Dak Prescott, Brandon Aubrey –, Dallas, Prescott, CeeDee Lamb, Rico Dowdle, ” Prescott, “, We’re, we’re, Greg Joseph, Aubrey, Adam Hunger, Malik Nabers, Amani Oruwariye, Daniel Jones, we’ve, ” Organizations: CNN, The Dallas Cowboys, New York Giants, MetLife, Cowboys, NFL, Dallas ’, New, Giants, ‘ America’s, Division, York, Dallas Locations: East Rutherford , New Jersey, New York, Dallas

☆ Investors can depend on these frightless five stocks during a scary October for markets
▼ + stars: | 2024-09-27 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

With this in mind, CNBC PRO screened for some safe-haven stocks that investors can look toward for some calm during the rocky times. Rate-sensitive utilities stocks have outperformed in recent weeks as investors look toward a lower interest rate environment. Two-thirds of analysts covering the stock rate it a buy or a strong buy, according to LSEG. To be sure, the stock is already trading 0.3% above its consensus price target, meaning it could be due for a pullback soon. Although more than half of analysts covering the company rate it a hold, the consensus price target implies more than 9% upside potential from Thursday's close, per LSEG.

Organizations: CNBC PRO, NextEra Energy, Electric Power, PPL, American Electric, Truist

☆ This House Democrat is backing Trump's 10% tariff plan — and he even has a bill to get it done
▼ + stars: | 2024-09-27 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Trump's plan for a 10% tariff on all imports has been panned by Democrats and Republicans alike. Vice President Kamala Harris has even called it the "Trump Sales Tax." Vice President Kamala Harris has characterized the plan as the "Trump Sales Tax." Despite that, a rebellious House Democrat just introduced a bill that would write those tariffs into law. A self-described "progressive conservative," the Maine Democrat frequently votes for Republican-led resolutions and bills in Congress.

Persons: Kamala Harris, Jared Golden of, —, Donald Trump's, Mitch McConnell, Jared Golden, Golden, It's, Trump, Biden —, he's, Austin Theriault Organizations: Republicans, Democratic, Service, Trump, Democrat, Labor, Trade, United States of, Maine Democrat, Republican, GOP Locations: Jared Golden of Maine, United States, Maine, United States of America

☆ 'Jailbreak: Love on the Run' looks at Casey White, a man who escaped prison with a corrections officer. Here's where he is now.
▼ + stars: | 2024-09-27 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

"Jailbreak: Love on the Run" revolves around Casey White, an inmate who escaped prison in 2022. He broke out of Lauderdale County Jail with the help of corrections officer, Vicky White. It revolves around Casey White, who was given a 75-year prison sentence for attempted murder and robbery in 2015. Casey White remains in prison, and he was almost charged with Vicky White's death. Casey White being escorted by police officers as seen in Netflix's "Jailbreak: Love on the Run."

Persons: Casey White, Vicky White, Casey, —, Connie Ridgeway, Vicky, Vicky White's, Vicky's, William E, Ridgeway, Austin Williams, There's Organizations: Netflix, Service, CNN, Donaldson, Alabama Department of Corrections, Fox News Locations: Lauderdale County, Lauderdale County Jail, Alabama, Lauderdale, Florence , Alabama, Evansville , Indiana, Bessemer

☆ We are not tipping into a recession, says RBC's Lori Calvasina
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are not tipping into a recession, says RBC's Lori CalvasinaLori Calvasina, RBC Capital Markets head of U.S. equity strategy, joins CNBC's 'Squawk on the Street' to discuss how her expectations from the market, why she sees a rally in 2025, and more.

Persons: RBC's Lori Calvasina Lori Calvasina Organizations: RBC Capital Markets

☆ CNBC Daily Open: A high of all-time highs
▼ + stars: | 2024-09-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. All-time high, againMajor U.S. indexes rose on Thursday, with the S&P 500 notching a fresh closing high. When the U.S. Federal Reserve cut interest rates last week, it's not unreasonable to expect Treasury yields to dip. But 55% of respondents think Trump will be better for the economy and on inflation.

Persons: Europe's, it's, they've, Jeff Cox, Sam Altman, Bret Taylor, Harris, Kamala Harris, Donald Trump, Trump Organizations: CNBC, Major, Micron, Swiss National Bank, Treasury, U.S . Federal Reserve, Altman, U.S Locations: Major U.S, China

☆ 900 workers will share a $75 million pot after KKR sale — with some getting $325,000 windfalls
▼ + stars: | 2024-09-27 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

GeoStabilization International will share a $75 million pot with workers following its sale by KKR. About 900 staff will get payments of up to $325,000 following the sale. A KKR executive promotes Ownership Works, which calls for workers to get stakes in their companies. It will share $75 million of the proceeds with about 900 staff, mainly construction workers, at the geohazard mitigation and road safety services provider, KKR said. In April 2022, he launched Ownership Works , a nonprofit that promotes giving workers a stake in the businesses they work for.

Persons: —, Leonard Green, GeoStabilization, Pete Stavros, Stavros Organizations: KKR, Service, Leonard Green & Partners

Eric Adams was indicted on 5 criminal charges but denies wrongdoing in language that mirrors Trump. AdvertisementNew York City Mayor Eric Adams' indictment may be unprecedented, but his rhetoric isn't. In his staunch denial of any wrongdoing, Adams is sounding eerily similar to another politician: former President Donald Trump. AdvertisementBeyond painting themselves a victim or "target," Trump and Adams struck a similar tone another topic: immigration. At a press conference in New York City on Thursday afternoon, Trump defended Adams and praised the mayor's immigration stance.

Persons: Eric Adams, Biden, Trump, Adams, —, Donald Trump, Roy Cohn, he's, He's, Fani Willis, Jack Smith, Joe Biden, Harris, Kathy Hochul, Democratic National Convention . Sen, Mark Kelly, Kamala Harris Organizations: Service, York City, Democrat, Mansion, Biden, Democratic National Convention . Locations: York, Turkish, Fulton County, New York City

Angelina Madut by that time had noticed people in a vehicle nearby – the journalists, including former HLN meteorologist Bob Van Dillen. Van Dillen spotted her. I gave her my shirt,” Van Dillen told his colleagues, according to the video. As far as she’s concerned, a shaken Madut told CNN, Van Dillen saved her life. Later, after her husband arrived, Van Dillen advised him not to drive toward the overtopped creek, to go another way instead.

Persons: Angelina Madut, Madut, Helene, Ernest, “, ”, ” “, ” Ernest Madut, –, Bob Van Dillen, ” Ernest, Angelina, Van Dillen, clasped, ” Angelina Madut Organizations: Atlanta CNN, CNN, Fox Weather, Fox Locations: Atlanta, Buckhead, Peachtree

☆ The 11 best movies and shows to stream this weekend, from the 'Inside Out' sequel to a new season of 'The Great British Baking Show'
▼ + stars: | 2024-09-27 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

"Inside Out 2," "Oddity," and "Will & Harper" are three movies you can stream now. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHere's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.

Persons: Harper, —, Will Ferrell's, Brad Pitt, George Clooney, Ryan Murphy's Organizations: Service, Disney

☆ Today's market is a 'bubble dream' with rate cuts, China inflating economy, Bank of America says
▼ + stars: | 2024-09-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Massive stimulus from central banks in the U.S., China and elsewhere is driving bubble-like stock returns and could head off a global recession, according to Bank of America. "It's the bubble dream," BofA chief investment strategist Michael Hartnett wrote in his weekly "Flow Show" breakdown of where investors are putting their money. "Fed slashing, oil crashing, China inflating ... and if this China stimulus don't work then geopolitical risks [are] going to soar." But while some indicators do point to a slowing in global growth, the abundant forecasts for recession have eased. "Fed cutting into recession is negative for risk assets, but Fed cutting with no recession is positive and investors firmly of view Fed + China is sufficient policy easing to short-circuit recession risk," Hartnett wrote.

Persons: Michael Hartnett, Hartnett Organizations: Bank of America, Federal Reserve, People's Bank of China, Investors Locations: U.S, China

☆ Elon Musk's Texas school opening is delayed after Ad Astra postponed an inspection for a second time
▼ + stars: | 2024-09-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Elon Musk's Ad Astra school in Texas faces delays in opening. Ad Astra, located on a 40-acre former horse ranch, was expected to open this summer. AdvertisementElon Musk's Ad Astra school opening in Texas is getting delayed. It's not to be confused with the other Ad Astra School that Musk cofounded in 2014 alongside John Dahn. The previous Ad Astra school is now located at SpaceX's Starbase in Boca Chica, Texas, and had 16 children enrolled in its 2021-2022 academic year.

Persons: Elon, —, HHSC, It's, Musk, John Dahn, Elon Musk Organizations: Elon Musk's Ad Astra, Texas Health, Human Services, Montessori, Ad Astra, Service, HHSC, Business, Astra, Ad Astra School, SpaceX, Bloomberg, Astra didn't Locations: Texas, Bastrop , Texas, Boca Chica , Texas

☆ Dramatic video shows US Coast Guard rescue a man and his dog after their boat started sinking during Hurricane Helene
▼ + stars: | 2024-09-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

New footage shows the US Coast Guard rescuing a man and his dog in the Gulf of Mexico. The man's vessel became disabled and started taking on water during Hurricane Helene. AdvertisementA dramatic new video shows the US Coast Guard rescuing a man and his dog in the Gulf of Mexico on Thursday after their boat started sinking during Hurricane Helene. Kellerman, AirSta Clearwater pic.twitter.com/3ehoIVqlLj — USCGSoutheast (@USCGSoutheast) September 27, 2024It is unclear how long the man and his dog were at sea. AdvertisementIt is not uncommon for the Coast Guard to carry out rescue missions during hurricanes, but each case is treated differently.

Persons: Hurricane Helene, —, Helene, e, m. Organizations: US Coast Guard, Service, Coast Guard, Sikorsky MH, USCG, Southwest Florida International, EMS Locations: Gulf of Mexico, Hurricane

☆ Hilary Swank says she's glad she waited until her late 40s to have kids. It made her a more present mom.
▼ + stars: | 2024-09-27 | by ( Kim Schewitz | Julia Pugachevsky | ) www.businessinsider.com time to read: +3 min

In a recent interview, Swank, 50, said she's happy she's an older mom. She has more time for her kids and is more comfortable with herself than she was in her 20s and 30s. AdvertisementIn 2022, Hilary Swank announced she was pregnant with twins at age 48, sparking conversations around the risks of pregnancy after age 35. Now, a few years into being a mother, Swank, 50, said that she's glad she had kids in her 40s. "It makes me really empathize with all the parents out there who are working really long hours who don't get to see their children."

Persons: Hilary Swank, Swank, — Organizations: Service

☆ Best Buy gets a big Wall Street endorsement that's in-line with why we own the stock
▼ + stars: | 2024-09-27 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Despite Thursday's gains, Wells Fargo shares are having a tough month. 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, Stanley Black, Decker, Wells Fargo, Wells, Morgan Stanley, Jim Cramer's, Jim Organizations: CNBC, Treasury, JPMorgan, Wells, Bloomberg, Fed

☆ Timmons: The economic impact of a strike could be consequential
▼ + stars: | 2024-09-27 | 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 EmailTimmons: The economic impact of a strike could be consequentialJay Timmons, President & CEO of the National Association of Manufacturers, warns that a strike could hurt manufacturers like Pfizer and Toyota by raising costs and disrupting supply chains.

Persons: Timmons, Jay Timmons Organizations: National Association of Manufacturers, Pfizer, Toyota

☆ Selena Gomez, now a billionaire, has owned multimillion-dollar properties in Texas and California. Take a look at her real-estate portfolio.
▼ + stars: | 2024-09-27 | by ( Priyanka Rajput | ) www.businessinsider.com time to read: +1 min

In 2014, the "Monte Carlo" actor bought a Mediterranean-style residence in Calabasas, California, for $3.69 million. This Santa Monica mountain view visible from Calabasas. Andy Konieczny/ShutterstockFor her next real-estate purchase, Gomez chose a $3.69 million 7,700-square-foot mansion in Calabasas, a neighborhood that's been home to celebrities including Kim Kardashian, Miley Cyrus, and Justin Bieber. The five-bedroom, six-bathroom home was among Mureau Estates' 11 luxury villas, part of a big, private gated community. The main home, per House Beautiful, featured five fireplaces, a gym, a movie theater, and even an underground wine cellar.

Persons: Monte Carlo, Andy Konieczny, Gomez, Kim Kardashian, Miley Cyrus, Justin Bieber Organizations: Mureau Estates, Teen Vogue Locations: Calabasas , California, Monica, Calabasas, French Montana

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