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☆ Middle-class new homeowners are increasingly cost-burdened
▼ + stars: | 2024-10-14 | by ( Jasmine Cui | Jasmine Cui Is A Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

“It used to be that if you made the median income, you could afford the median-priced house,” said Domonic Purviance, a housing expert at the Atlanta Federal Reserve. Their mortgage rate was 8.125% — above the roughly 7% national average at the time, which was hovering near 20-year highs. While that ratio is less than the cost-burdened 30% threshold, it has doubled in the area in just the last three years. From 2013 to 2023, the median annual household income in the U.S. has risen 50%, to $80,610. For example, McCue said, cost-burdened homeowners may struggle to keep up with home maintenance, leading to unhealthy or unsafe living environments.

Persons: ”, Domonic Purviance, “ That’s, Haley, Ben Williams, “, ” Ben, they’d, Daniel McCue, haven’t, It’s, McCue, “ You’re, Haley Williams, “ I’ve Organizations: Atlanta Federal Reserve, Homes, NBC, Harvard University’s, for Housing Studies, Atlanta Fed, Federal Reserve Locations: Elkhart , Indiana, Elkhart, Chicago, U.S

☆ NASA’s Europa Clipper spacecraft will launch to find whether life could exist on an icy ocean world
▼ + stars: | 2024-10-14 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

NASA’s Europa Clipper spacecraft — designed to explore its namesake, Jupiter’s moon Europa — is expected to launch aboard a SpaceX Falcon Heavy rocket Monday at 12:06 p.m. If Europa Clipper doesn’t take off Monday, there are launch opportunities through November 6. NASA's Europa Clipper spacecraft carries a special message from humanity onboard. There was no harder year than this one to get Europa Clipper over the finish line, said Curt Niebur, Europa Clipper program scientist. That’s what’s waiting us at Europa.”The Europa Clipper spacecraft is seen atop a SpaceX Falcon Heavy rocket at NASA's Kennedy Space Center on October 13.

Persons: Mike McAleenan, Tim Dunn, Hurricane Milton, ”, Robert Pappalardo, Ada Limón, Curt Niebur, ” Niebur, “ It’s, we’ve, That’s, Haje Korth, ” Korth, ” Pappalardo Organizations: CNN, Clipper, SpaceX, NASA’s Kennedy Space Center, 45th Weather Squadron, US Space Force, NASA’s, Hurricane, Europa Clipper, Jet Propulsion Laboratory, US, NASA, JPL, Caltech, Kennedy Space Center, European Space Agency, Europa, Johns Hopkins, Physics Laboratory Locations: Florida, Pasadena , California, Europa

☆ Singaporeans are used to paying less than $5 for a meal. This 30-year-old chef charges double, and diners keep coming.
▼ + stars: | 2024-10-14 | by ( Erin Liam | ) www.businessinsider.com time to read: +9 min

She went on to open a hawker stall selling prawn noodles, which later expanded into a casual eatery. When Dave Pynt, the chef-owner of Australian-inspired barbecue restaurant Burnt Ends, visited her school for a guest lecture on wood-fire cooking, she was intrigued. Shifting the focus to local cuisineA bowl of prawn noodles costs between SG$14 to SG$20 at Zhup Zhup. A hawker stall seemed like the perfect sandbox to test her ideas without spending a lot on overhead costs. The challenges of running a hawker businessThree years in, the hawker stall had just managed to earn back its capital.

Persons: Gwyneth Ang, Ang, —, she's, Erin Liam, Dave Pynt, hawker, Erin Liam So, pao, Darren Ang, Pynt, Erin Liam Singapore's, Teo Kay Key, Cherry Tan, Shanice Lim, nasi, Lim Organizations: Michelin, Service, Business, Culinary Institute of America, hawker, Department of Statistics, Institute of Policy Studies, National University of Singapore, Singapore Airlines Locations: Singapore, New Bahru, hawker, Macpherson, Pynt

☆ British content creator dies trying to climb Spain’s highest bridge
▼ + stars: | 2024-10-14 | by ( Jack Guy | ) edition.cnn.com time to read: +1 min

CNN —A 26-year-old British man has died after falling from Spain’s tallest bridge during an attempt to climb one of its pylons. Local councillor Macarena Muñoz said he was accompanied by another British man, aged 24. “According to what we have been able to find out they had come to Talavera to climb the bridge and create content for social media,” Muñoz said in the statement. The British man is far from the first person to die in the pursuit of social media content in recent years. And in November 2019 a French tourist died after falling from a waterfall in Thailand while attempting to take a selfie.

Persons: Macarena Muñoz, ” Muñoz, Koh Samui Organizations: CNN, Talavera de la Reina, Nine, AFP Locations: Castilla, Mancha, Talavera de, Spain, Talavera, Australia, Victoria, Thailand, Thai, Koh

We'll show you everything you need to know about how to watch the Bills vs. How to watch Bills vs. Check price at DirecTVHow to watch Bills vs. How to watch Bills vs. Check price at ExpressVPNHow to watch Bills vs.

Persons: we've, ExpressVPN Organizations: Business, Buffalo Bills, New York Jets, Bills, Jets, AFC East, Dolphins, Patriots, New York, NFL, . Jets, ABC, ESPN, DirecTV, TNT, TBS, DirecTV Stream Locations: New

☆ Canada and India expel each other’s diplomats in escalating dispute over a 2023 assassination
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: +7 min

Canada and India each expelled six diplomats Monday in tit-for-tat moves as part of an escalating dispute over the June 2023 assassination of a Sikh activist in Canada. Shortly afterward, the Indian foreign ministry said that it was expelling six Canadian diplomats, including the acting high commissioner and the deputy high commissioner. It said in a statement that the diplomats were told to leave India by the end of Saturday. A senior Canadian official said that Canada expelled the Indian diplomats first before they withdrew. In response to the allegations, India told Canada last year to remove 41 of its 62 diplomats in the country.

Persons: Mélanie Joly, Joly, " Joly, Justin Trudeau, Hardeep Singh, Mike Duheme, Duheme, Brigitte Gauvin, Gauvin, Trudeau's, Trudeau, Stewart Wheeler, Wheeler, Gurpatwant Singh Pannun Organizations: Foreign, Canadian, Canada, Canadians, RCMP, Royal Canadian Mounted Police, Khalistan, Vienna Convention, Diplomatic Relations, Sikh, U.S . State Department, United, Indian, Reserve Police Force Locations: Canada, India, Indian, Vienna, Surrey, British Columbia, An Indian, New Delhi, Australia, Canadian, New York, Washington, United States, Delhi

☆ Chefs share their best tricks for making 15 foods everyone should know how to cook
▼ + stars: | 2024-10-14 | by ( Cheyenne Lentz | ) www.businessinsider.com time to read: +1 min

Business Insider spoke with three professional chefs to find out their best cooking tricks. 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 . Professional chefs know this very well — and many have spent years learning tricks for making even the most common dishes better. So, Business Insider asked three chefs to share their best tips for upgrading 15 foods everyone should know how to cook.

Persons: — Organizations: Service, Business

☆ Gold dips on firmer dollar; attention on Fed cues
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: +2 min

Gold prices eased on Monday, weighed down by a firmer U.S. dollar, while investors looked out for fresh clues on Federal Reserve interest rate cuts. Spot gold fell 0.2% to $2,651.99 per ounce by 0252 GMT after rising 1% in the previous session. The dollar index rose 0.1% on Monday, not far from a near two-month high hit last week. Traders see a roughly 89% chance of the Fed cutting rates by 25 basis points at its November meeting, and an 11% chance it will leave rates unchanged. Meanwhile, investors will watch out for comments from Fed officials this week for more hints on upcoming rate cuts, along with U.S. retail sales data.

Persons: Tim Waterer, Waterer Organizations: KCM Trade, Traders Locations: China

☆ Boeing factory strike crosses 1-month mark as pressure mounts on new CEO
▼ + stars: | 2024-10-14 | by ( Leslie Josephs | ) www.cnbc.com time to read: +6 min

There's no doubt about that," said Harry Katz, a professor who studies collective bargaining at Cornell University's School of Industrial and Labor Relations. Late Friday, Jon Holden, president of the striking workers' union, IAM District 751, pushed for a return to negotiations. However, unlike during the last Boeing factory strike in 2008, there is more contract work in the Seattle area to help workers fill the gaps. Slashing workforceA Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024. Boeing 737 fuselages on railcars at Spirit AeroSystems' factory in Wichita, Kansas, US, on Monday, July 1, 2024.

Persons: Stephen Brashear, It's, Boeing machinists, Kelly Ortberg, bookends, Max, wasn't, Harry Katz, Jon Holden, Ortberg, Jennifer Buchanan, hasn't, they're, Richard Aboulafia, Ron Epstein, Nick Oxford Organizations: Boeing, Getty, Cornell University's School of Industrial and Labor Relations, National Labor Relations Board, International Association of Machinists, Aerospace Workers, IAM, Boeing Renton Factory, AFP, of America, Bloomberg, & $ Locations: Renton , Washington, Seattle, Friday's, underperformance, Wichita , Kansas

☆ Nvidia heads for record close as AI chipmaker's market cap tops $3.4 trillion
▼ + stars: | 2024-10-14 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024. Nvidia shares headed for a record close on Monday as Wall Street gears up for earnings season and updates from all of the chipmaker's top customers on their planned spending on artificial intelligence infrastructure. Companies including Microsoft , Meta , Google , and Amazon are purchasing Nvidia GPUs in large quantities to build increasingly large clusters of computers for their advanced AI work. With a market cap of $3.4 trillion, Nvidia is the second most valuable publicly traded U.S. company, behind Apple at about $3.53 trillion. WATCH: Nvidia CEO Jensen Huang on Squawk Box

Persons: Jensen Huang, ChatGPT Organizations: Nvidia Corp, Nvidia, Companies, Microsoft, Meta, Google, Mizuho, U.S, Apple Locations: Taipei, Taiwan

☆ Katie Stockton says it's too early to buy the dip in Boeing, stick with aerospace winners
▼ + stars: | 2024-10-14 | by ( Katie Stockton | ) www.cnbc.com time to read: +8 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein.

Persons: Lockheed Martin, Katie Stockton Organizations: Boeing, Aerospace, Defense, U.S . Aerospace, Defense ETF, ITA, GE Aerospace, Lockheed, RTX Corp, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: U.S, uptrends

☆ OpenAI will need to prove it's in the public's best interest as it becomes a for-profit company
▼ + stars: | 2024-10-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

But strategy advisors say it'll need to get more serious about defining its public benefit. Unlike traditional for-profit businesses, which are primarily focused on maximizing shareholder value, public benefit corporations must balance stakeholder interests with those of their employees and customers. Investors can also question why a company isn't progressing on its stated public benefit. It will also need to define its "public benefit" as part of its new corporate charter, he added. So as OpenAI restructures, the pressure is now on the company to clearly articulate its public mission and show that it's serious about it.

Persons: —, OpenAI, Axios, Travis Borden, Keene, OpenAI's, Borden, Altman, Ilya Sutskever, Jan Leike, Mira Murati, restructures, Jens Dammann Organizations: Service, Legal, Institute, Cornell Law School, Keene Advisors, University of Texas School of Law, Business Locations: Silicon, Delaware, —

☆ 6-year-old wanted dolls that looked like her—now she's a 12-year-old CEO whose company has brought in over $100,000
▼ + stars: | 2024-10-14 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

At age 6, Zoe Oli asked her mom a question: "Why isn't my hair straight and pretty like my classmates'? "I was really taken aback when she came to me with that," Zoe's mother, Evana, tells CNBC Make It. Evana, 42, bought Zoe a Black doll to play with, but the doll too had straight hair — so Zoe suggested creating dolls with curls, coils and braids. In 2022, Zoe's company brought in a low six-figures in revenue, according to documents reviewed by CNBC Make It. "It's been really, really amazing."

Persons: Zoe Oli, …, Zoe, Evana, It's Organizations: CNBC Locations: Atlanta

☆ Stripe, Wise founders want a 'tech renaissance' in Europe to help region rival Silicon Valley
▼ + stars: | 2024-10-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Founders of some of Europe's largest technology unicorns on Monday backed an open letter calling for a "tech renaissance" fueled by the creation of a single pan-European entity to promote startups and innovation in the bloc. But because of that, our startup scene is fragmented," read the open letter, which was published Monday on a newly created website for the EU Inc initiative. This results in "stifled momentum, unrealized potential, and an artificial limit on our startups' chances of success." So-called 28th regimes are proposed legal frameworks within the EU that offer an alternative to member states' own national rules instead of replacing them. The new structure of EU Inc would "standardize investment processes, simplify cross-border operations, and create a unified employee stock options framework" to help European startups scale rapidly and attract more capital, according to a Monday press release.

Persons: Patrick Collison, Hinrikus, Eléonore Crespo, Ilkka Paananen, Miki Kuusi Organizations: EU Inc, Inc, EU, Wolt Locations: Europe, EU, Finnish

☆ Ramses and Marissa hit a roadblock over their sex life on 'Love Is Blind.' Here's what we know about their relationship status.
▼ + stars: | 2024-10-14 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

Ramses and Marissa are one of the engaged couples featured on "Love Is Blind" season seven. Ramses and Marissa's discussion also has significant reach: Seasons of "Love Is Blind" are viewed by millions of people, per Netflix's own engagement numbers. Here's what we know about where Ramses and Marissa's relationship stands now. While her siblings approve of the couple, Marissa's mom is skeptical and strongly urges the couple to get a prenuptial agreement out of concern for Marissa's future assets. Right now, both Marissa and Ramses are posting fondly about their time on "Love Is Blind" on social media.

Persons: Ramses, Marissa, —, Kathryn VanArendonk, Bohdan, hasn't, Marissa doesn't, I'm, — Bohdan Organizations: Service, United States, Netflix Locations: Mexico, Instagram

☆ I made marinara sauces using 4 celebrity chefs' recipes, and the best had an unexpected secret ingredient
▼ + stars: | 2024-10-14 | by ( Paige Bennett | ) www.businessinsider.com time to read: 1 min

The prep was minimal and most of the recipe just required watching and stirring. The whole, peeled tomatoes broke down nicely. Paige BennettI was worried adding the whole, peeled tomatoes would create a weird texture (the other recipes used crushed tomatoes) but they broke down nicely as the sauce simmered. From there, it was mostly a game of watching the pot, stirring occasionally throughout 45 minutes, and pouring in a little water when the sauce started to look dry. I finished the sauce with a handful of fresh basil and it was ready to pour over some noodles.

Persons: Paige Bennett

☆ Nobel Prize in economics 2024 awarded to Acemoglu, Johnson and Robinson for explaining why some nations are rich and others poor
▼ + stars: | 2024-10-14 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

London CNN —Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor. Daron Acemoglu, Simon Johnson and James Robinson will share the prize, which carries a cash award of 11 million Swedish kronor ($1 million). The authors warned that “the current path of AI is neither good for the economy nor for democracy.”The latest Nobel Prize in economics was announced in Stockholm on October 14, 2024. In “Why Nations Fail,” he and Robinson argued that China, because it lacks inclusive institutions, would not be able to sustain its economic growth. The economics prize is officially known as Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.

Persons: Daron Acemoglu, Simon Johnson, James Robinson, –, —, ”, Robinson, Acemoglu, Johnson –, MIT –, Christine Olsson, ” Acemoglu, Alfred Nobel, Claudia Goldin, Goldin Organizations: London CNN —, Massachusetts Institute of Technology, MIT, University of Chicago, TT, Agency, AP, Bank of Sweden, Economic Sciences, Harvard University Locations: Turkish, American, British, Nogales, Arizona, Mexico’s Sonora, Nogales , Arizona, Stockholm, China, Beijing, Bank, Swedish

☆ Trump’s extreme vision for America hikes pressure on Harris
▼ + stars: | 2024-10-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —Donald Trump is invoking a vision of an extreme new White House term that would transform America and rock the world. And Vice President Kamala Harris has only three weeks to avert it, as she struggles to restore momentum in a neck-and-neck race to Election Day. Supporters of Vice President Kamala Harris listen to her speak during a rally at Ripon College, in Wisconsin, on October 3. With the nation in such a sour mood, Harris’ incumbency as vice president is a liability. His post underscored what Harris represents for those who fear the very real prospect of Trump’s return.

Persons: Donald Trump, Kamala Harris, Trump baselessly, Harris, “, ”, heckler, Trump, Joe Biden, Sen, JD, genuflection, Vladimir Putin, Bill Clinton, Barack Obama —, “ He’s, Jim Vondruska, Dread, Hillary Clinton, Biden, he’s, ABC’s, it’s, Trump’s, Will Harris, Brendan Smialowski, Doug Sosnik, Harris plateaued, David Chalian, Sosnik, ” Harris, Obama, ” Obama, “ Donald Trump, Chris Murphy, ” Murphy Organizations: CNN, Republican, Sunday, Fox News, Democratic, CBS, Kremlin, Trump, Ripon College, Democrats, ABC, NBC, Electoral College, White, NBC News, Air Force, Joint Base Andrews, Getty Images, Connecticut Democrat Locations: ”, Ohio, Arizona, Colorado, United States, illegals, California, Covid, Russian, North Carolina, Wisconsin, Afghanistan, Pennsylvania, Michigan, Georgia, Maryland, America, Connecticut

Zelig Williams, 28, was staying with his mother in his hometown of Columbia, South Carolina, since the summer and had been hosting specialized dance workshops. Zelig Williams’ family, friends and community are holding on to faith that God is with him, she added. “It is a struggle, but they are holding close to the belief that Zelig will return home.”Zelig Williams. The Show.” Jackman posted about Zelig Williams to his Instagram stories over the weekend. “ZELIG, we love you and are praying for your safe return.”Caroline Lewis Jones met Zelig Williams when he was just 11 years old.

Persons: It’s, Tony, “ Hamilton ”, Zelig Williams, Kathy Williams, Mieoki Corbett Jacobs, Corbett Jacobs, ” Corbett Jacobs, ” Zelig Williams, Williams, ” Kathy Williams, ”, Hugh Jackman, ” Jackman, ZELIG WILLIAMS, “, ” Caroline Lewis Jones, Jones, she’s, “ Zelig, ” Jones, Williams ’, he’s Organizations: Columbia, NBC News, Police, Richland County Sheriff’s Department, Columbia Police Department Locations: Columbia , South Carolina, New York City, Wateree , South Carolina, Richland County

Bridgette Bello thought she’d taken proper precautions to protect against Florida’s notorious hurricanes, having purchased flood insurance as well as a separate hurricane-specific policy, in addition to her regular homeowners coverage. That’s because flooding caused much of the property damage — and most homeowners insurance policies do not cover any flood impact. A resident cleans the front of his mobile home in Sarasota, Fla., on Oct. 10 after Hurricane Milton. Eva Marie Uzcategui / The Washington Post - Getty ImThe insurance industry is categorizing Hurricane Helene as an almost entirely flood-driven event. The National Flood Insurance Program (NFIP), the government-backed plan covering 95% of flood insurance policyholders in America, only covers losses up to 50% of what it deems a property to be worth — not including the land that the property sits on.

Persons: Bridgette Bello, she’d, Helene, —, Milton, Bello, ”, “, Rick Tutwiler, Hurricane Milton, Eva Marie Uzcategui, Amy Bach, Mark Friedlander, Friedlander, adjusters, ” Friedlander, ” Patti Drew’s, Deborah, Drew, didn’t, “ I’m, Shane Ostrander, Ostrander, Kathleen Flynn, she’s, Martin Weiss, Weiss, Chip LaMarca Organizations: Associates, NBC, Hurricane, Washington Post, Insurance Information Institute, Federal Emergency Management Agency, FEMA, Flood Insurance, NBC News, “, Broward County Republican Locations: Madeira Beach, Tampa, Milton, Florida, Sarasota , Fla, “, Punta Gorda, Florida’s, Charlotte County, America, Fort Pierce, Fla, Orlando, Broward County

☆ Crisis pregnancy center's forms give rare insight into anti-abortion practices
▼ + stars: | 2024-10-13 | by ( Abigail Brooks | Abigail Brooks Is A Producer For Nbc News. | ) www.nbcnews.com time to read: +13 min

The questionnaires, known as client intake forms, give rare insight into the practices of Sage and other crisis pregnancy centers and how they use ambiguous language to describe their services. These practices are typical for crisis pregnancy centers across the country, according to the American College of Obstetricians and Gynecologists. The tactics used at crisis pregnancy centers often create delays that leave women unable to access abortions, forcing them to continue their pregnancies. Most crisis pregnancy centers in the United States are affiliated with either Heartbeat International or Care Net, another anti-abortion network. Like Idaho, North Carolina provides state funding to crisis pregnancy centers.

Persons: Sage, Raúl Labrador, Law360, ”, Michelle Kuppersmith, “, It’s, Linda Prine, Prine, ” Prine, Jayme Trevino, Landy, it’s, ” Trevino, Sage Women’s, Willow, Andrea Trudden, ” Susannah Baruch, Julie von Haefen, she’s, ’ ” von Haefen, “ I’m, von Haefen Organizations: NBC News, Sage, Sage Women’s, Consumer Protection, American College of Obstetricians, Women’s, federal, Insurance, Guttmacher Institute, Heartbeat, NBC, International, Flom Center, Health Law, Biotechnology, Bioethics, Harvard Law School, Care, Democrat Locations: Twin Falls , Idaho, Idaho, Labrador, Colorado, United States, ” North Carolina, Raleigh, North Carolina

“The overall trend is unmistakable: The far right is gaining ground,” said Matthijs Rooduijn, a politics professor at the University of Amsterdam. But recent elections have seen the far right increasingly usurp centrist conservatives as the main right-wing force. “But that potential upper limit just keeps increasing.”The far right is “no longer second fiddle to the main right-wing party. Centrists can sometimes cobble together coalitions to keep out the far right — even if those parties are smaller individually. Whereas in France, Le Pen was kept from victory in June-July parliamentary elections by an intricate network of tactical voting between erstwhile rivals.

Persons: Donald Trump, remigrate, Geert Wilders, ”, Matthijs Rooduijn, ” Wilders, “, Le Pen, Wilders ’, Le, ” It’s, Björn Höcke, Jens Schlueter, Nadia Urbinati, Markus Wagner, ” Wagner, Jordan Bardella, Benjamin Girette, Herbert Kickl Organizations: U.S, Austria’s Freedom Party, NBC News, France’s National, Marine, University of Amsterdam, University of Georgia, London, Dutch Party for Freedom, France “, jihadists, NBC, Germany, Nazi, Ukraine —, Columbia University, Labour Party, ”, University of Vienna, France’s Rassemblement National, Bloomberg, Getty, Austrian People’s Party Locations: Germany, European, Europe, East, North Africa, France, Britain, “, Austria

☆ How Saudi Arabia could create a crisis for Russia's economy
▼ + stars: | 2024-10-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

One analyst suggests the market could see a repeat of the 2020 oil price war. AdvertisementRussia's wartime economy could face a tougher time securing needed oil revenue if Saudi Arabia tanks global crude prices. "Saudi Arabia is fed up," Simon Henderson, director of the Bernstein Program on Gulf and Energy Policy at The Washington Institute, told Business Insider. However, some kind of confrontation with Saudi Arabia may be stirring. "Unlike Saudi Arabia, its oil is not cheap to extract, making it poorly equipped to deal with low-price conditions.

Persons: —, Luke Cooper, hasn't, Simon Henderson, Bernstein, it's, Henderson, Vladimir Putin, Alexander Novak, Cooper Organizations: Service, Organization of Petroleum, Russia, London School of Economics, Financial Times, Gulf and Energy, The Washington Institute, OPEC Locations: Saudi Arabia, Russia, Riyadh, Ukraine, Gulf, Moscow, Iran, Kazakhstan

☆ Top Wall Street analysts prefer these dividend stocks for steady income
▼ + stars: | 2024-10-13 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Recommendations from top Wall Street analysts could help investors pick stocks with attractive dividends that are backed by strong financials. Here are three dividend-paying stocks, highlighted by Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. Realty Income is known for its monthly dividends. In particular, the analyst raised the price target for Realty Income to $67 from $64 and reaffirmed a buy rating on the stock. (See Realty Income Stock Charts on TipRanks)

Persons: Robert Gauthier, Wall, Ivan Feinseth, Feinseth, TipRanks, Brad Heffern, Heffern Organizations: McDonalds, Los Angeles Times, Getty, Wall, T, RBC Capital Locations: Santa Monica, Los Angeles , California, U.S, United Kingdom, Europe

☆ Op-ed: Here's how to incentivize your kid to start investing for retirement
▼ + stars: | 2024-10-13 | by ( Winnie Sun | ) www.cnbc.com time to read: +6 min

While you're doing so, it's also important to consider what counts as "earned income" for a child's Roth IRA. The maximum annual contribution for 2024 is $7,000 or the total of the child's earned income for the year — whichever is less. For instance, if a 16-year-old works at a coffee shop and earns $4,000 over the summer, that $4,000 qualifies as earned income. Earnings from a part-time job, such as working at a grocery store, fast food restaurant, or retail shop, count as earned income. For instance, if a 16-year-old works at a coffee shop and earns $4,000 over the summer, that $4,000 qualifies as earned income.

Persons: Momo, you've, Roth, it's, child's Roth Organizations: Stone, child's Roth IRA, Facebook, IRS

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