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☆ Here are the pros and cons of renting versus owning a home in those retirement years
▼ + stars: | 2024-10-04 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

However, many are renting in their retirement years. Most older adults, those at least 65 years old, own their homes, according to the Joint Center for Housing Studies at Harvard University. Renting in retirement years can be a positive because older people can avoid costly maintenance associated with the upkeep of a home. "Renting often offers more amenities, less maintenance, more accessibility," said Jennifer Molinsky, director of the housing an aging society program at the Joint Center for Housing Studies. And unlike younger renters, adult renters in retirement years could be especially vulnerable to rent hikes because they are on fixed income, experts say.

Persons: Jennifer Molinsky, Roth, Lazetta Rainey Braxton, Braxton Organizations: Joint Center for Housing Studies, Harvard University, Finance, CNBC Locations: U.S

☆ Antarctica is turning green at an alarming rate, satellite images show
▼ + stars: | 2024-10-04 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

CNN —Parts of icy Antarctica are turning green with plant life at an alarming rate as the region is gripped by extreme heat events, according to new research, sparking concerns about the changing landscape on this vast continent. Vegetation covered less than 0.4 square miles of the Antarctic Peninsula in 1986 but had reached almost 5 square miles by 2021, the study found. The rate at which the region has been greening over nearly four decades has also been speeding up, accelerating by more than 30% between 2016 and 2021. Vegetation growing on Green Island on the Antarctic Peninsula, which is warming much faster than the global average. Matt AmesburyA part of Barrientos Island that has given way to plant life.

Persons: Matt Amesbury, Dan Charman, Thomas Roland, ” Roland, ”, Charman, Olly Bartlett, Matthew Davey, Davey, Mary Gilbert Organizations: CNN, British Antarctic Survey, Nature, University of Exeter, University of Hertfordshire, Scottish Association for Marine Science Locations: South America, Exeter, Hertfordshire, England, Barrientos, Antarctica

☆ Jamie Dimon: No, I haven't endorsed Donald Trump
▼ + stars: | 2024-10-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Jamie Dimon denied Donald Trump's claim that the JPMorgan Chase CEO had endorsed him. AdvertisementJamie Dimon hasn't endorsed Donald Trump — despite what the former president wrote on social media. The Republican presidential nominee posted a photo on Truth Social on Friday of Dimon with a caption above reading, "New: Jamie Dimon, the CEO of JPMorgan Chase, has endorsed Trump for President," beside a red siren emoji. But a spokesperson for JPMorgan Chase told Business Insider, "Jamie Dimon has not endorsed a candidate." Advertisement"I have a lot of respect for Jamie Dimon," Trump told the outlet, adding that, "He is somebody that I would consider, sure," when Bloomberg suggested the possibility of offering Dimon the role of Treasury Secretary.

Persons: Jamie Dimon, Donald Trump's, Trump, Dimon, Elon, —, Jamie Dimon hasn't, Donald Trump —, JPMorgan Chase, Tesla, Elon Musk, Mark Cuban, Kamala Harris, — Dimon, he'd, Nikki Haley, Trump's, CNBC's Organizations: JPMorgan Chase, Service, Republican, JPMorgan, Business, SpaceX, Trump, Democratic, Bloomberg Businessweek, Bloomberg, NATO, CNBC, TV18, White Locations: China

☆ Impact Plastics: Tennessee factory says workers had time to flee Helene’s floodwaters. Their families disagree
▼ + stars: | 2024-10-04 | by ( Alisha Ebrahimji | Caroll Alvarado | ) edition.cnn.com time to read: +12 min

The 56-year-old grandmother was one of 11 Tennessee plastics plant workers swept away by Hurricane Helene’s deadly floodwaters after they tried to leave the facility. Impact Plastics has forcefully denied those claims, saying late Thursday the allegations are false, and no employee was stopped from leaving. Supervisors “did not prohibit its employees from leaving” and “did not threaten anyone with discharge from employment,” Impact Plastics said. The agency, who is working with TBI to investigate, hadn’t yet received a fatality report from Impact Plastics as of Wednesday evening. Now Jarvis just has one question for Impact Plastics: “Why’d you make us work that day?

Persons: Elías Ibarra Mendoza, “, ” Ibarra Mendoza, Bertha Mendoza’s, Mendoza, Francesco Guerrero, Guadalupe Hernandez, Saul Young, Hurricane Helene –, Helene, Supervisors “, Greg Coleman, CNN’s, Kaitlin Collins ”, ” Coleman, “ We’ve, let’s, ” Gerald O’Connor, WCYB, Jacob Ingram, Hurricane Helene, Ingram, WVLT, ”, Water, O’Connor, TOSHA, Bertha, Guillermo Mendoza, “ That’s, “ We’re, ” Guillermo Mendoza, we’re, Monica Hernandez, Elizabeth Ramirez, Robert Jarvis, Jarvis, , texted, Erwin, ” Jarvis Organizations: CNN, Univision, Hurricane, Plastics, Associated Press, Impact Plastics, News Sentinel, USA, Tennessee Bureau of Investigation, Tennessee Occupational Safety, Health Administration, Supervisors, WVLT, Impact Plastics Inc, National Weather Service, “ Employees, Senior, O’Connor, Employers, Emergency Management Agency, National Guard Locations: Tennessee, Erwin, Erwin , Tennessee, Florida, Southern, Hurricane, ”, Mendoza

☆ Israel’s economy is paying a high price for its widening war
▼ + stars: | 2024-10-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +10 min

London CNN —In late September, as Israel’s nearly year-long war widened and its credit rating was downgraded yet again, the country’s finance minister, Bezalel Smotrich, said that, while Israel’s economy was under strain, it was resilient. Israel’s economy could shrink even more than that, based on a worst-case estimate by the Institute for National Security Studies at Tel Aviv University. Before the October 7 attack and ensuing Israel-Hamas war, the International Monetary Fund forecast that Israel’s economy would grow by an enviable 3.4% this year. Smotrich, the finance minister, is confident that Israel’s economy will bounce back once the war ends, but economists are concerned the damage will far outlast the conflict. Florion Goga/ReutersOther sectors of Israel’s economy, while less important than tech, have been hit much harder.

Persons: London CNN —, Bezalel Smotrich, ” Smotrich, Hassan Nasrallah, ratcheting, Karnit, ‘, Menahem Kahana, ”, “ Israel, “, Smotrich —, Flug, Ahmad Gharabli, Fitch, —, Coface, Avi Hasson, Hasson, Florion Goga, Yaron Liberman, ” Liberman Organizations: London CNN, CNN, West Bank, United Nations, BMI, Fitch Solutions, Institute for National Security, Tel Aviv University, International Monetary Fund, of Israel, Getty, Bank of Israel, Israel Democracy Institute, Institute for National Security Studies, Moody’s, Startup Nation Locations: Lebanon’s, Beirut, Israel, Lebanon, Gaza, Israel’s, Iran, AFP, Egypt, Syria, Golan, Jerusalem's Old City, United States, Tel Aviv, housebuilding . Tourism

☆ If you liked the first Joker movie, critics say you'll hate the sequel
▼ + stars: | 2024-10-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +8 min

"Joker: Folie à Deux" opens in theaters Friday. Here's a sampling of what critics think of "Joker: Folie à Deux," which is in theaters now. "'Joker: Folie à Deux' often recalls the series finale of 'Seinfeld,' insofar as it puts its main character on trial for his former misdeeds," he wrote. Related stories'Folie à Deux' really is a musical — just not a good onePhoenix and Gaga in "Joker: Folie à Deux." It's definitely not a movie for the fansGaga and Phoenix in "Joker: Folie à Deux."

Persons: Joaquin Phoenix, Lady Gaga, Harley Quinn, —, Oscar, Todd Phillips, Arthur Fleck, Gaga's Lee Quinzel, Fleck, Warner, Phillips, Nick Schager, Arthur couldn't, IndieWire's David Ehrlich, Pete Hammond, TIME's Stephanie Zacharek, Johnny Oleksinski, Gaga, Lee, Niko Tavernise, Alison Willmore, Hollywood Reporter's David Rooney, Gaga tamps, Richard Lawson, Arthur's, Lawson, Arthur, It's, Critics, He's, he's, Variety's Owen Gleiberman, BBC's Nicholas Barber, it's, TIME's Zacharek Organizations: Rotten, Service, DC Comics, Phoenix, Arkham, Warner Bros, coy, New York, MGM, Miss, Hollywood Locations: CinemaCon, Miss Saigon

☆ The influencer middle class is getting squeezed as marketers turn to superstar creators and celebs
▼ + stars: | 2024-10-04 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +7 min

Influencer marketers are moving away from campaigns with micro influencers and back to big stars. AdvertisementA few years ago, influencer marketers were ditching their plans to hire celebrity content creators for brand deals in exchange for influencers with smaller audiences. Micro influencers as a category of work dropped from 74% to 62% between 2023 and 2024, while nano influencer work fell from 37% to 28%. One micro influencer, Bethany Everett-Ratcliffe, said she'd felt this impact on her business. Other marketers have reported up to 20% cost increases among micro influencers between 2023 and 2024.

Persons: —, Kim Kardashian, influencers, Linqia, Bethany Everett, Ratcliffe, she'd, Keith Bendes, Bendes, James Nord, Sabrina Carpenter's, Michael Cera's, Olivia McNaughten, Jonathan Chanti Organizations: Service, Blank, Viral, UGC Locations: Linqia, Everett

☆ The EU just made Chinese EVs a lot more expensive — and created a new threat for European automakers
▼ + stars: | 2024-10-04 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

Europe is clamping down on Chinese electric cars. European automakers are facing plunging EV sales and pressure over looming emissions targets. AdvertisementEurope is clamping down on Chinese electric cars — but the move to protect the continent's automakers could create a new problem for the likes of Volkswagen and BMW. The European Union voted to impose sweeping tariffs on Chinese EV makers on Friday as it seeks to protect its automotive industry from what the bloc claims are unfairly subsidized cheap Chinese electric vehicles. The European tariffs come after the US introduced its own trade restrictions against Chinese EVs earlier this year.

Persons: —, Teslas, Elon Musk, Tesla, Viktor Orbán, French carmaker Renault, Luca de Meo, Julia Poliscanova Organizations: EU, Service, Volkswagen, BMW, European Union, SAIC, Benz Group, BMW Group, Mercedes, Benz, VW, French, Reuters, Transport, Environment, Transport & Environment, Business Locations: Europe, China, Paris, Germany, Hungary, Frankfurt, Beijing

☆ ‘There will be a lot of deaths’: Israelis living near Lebanese border fear tit-for-tat escalation
▼ + stars: | 2024-10-04 | by ( Ivana Kottasová | Zeena Saifi | ) edition.cnn.com time to read: +8 min

Kiryat Shmona, Israel CNN —Yair Pinhas grew up hiking in the hills around Kiryat Shmona, his hometown in northern Israel, near the border with Lebanon. A family home that was damaged by a rocket attack in Kiryat Shmona in northern Israel. Ora Hatan speaks on the phone at her house near the Israeli border with Lebanon. A city of some 22,000, Kiryat Shmona has turned into a ghost town over the past year. On Thursday, marking the Jewish new year, the Pinhas family snuck back into Kiryat Shmona for a brief visit.

Persons: Kiryat, Israel CNN — Yair Pinhas, “, we’d, ”, Pinhas, Ivana Kottasova, CNN Kiryat, won’t, ” Pinhas, Yair Pinhas, Kiryat Shmona, Benjamin Netanyahu, Netanyahu, Hezbollah’s, Hassan Nasrallah, Daniel Hagari, Ora Hatan, Hatan, she’s, Ivana Kottasová, Israel Organizations: Israel CNN, CNN, CNN Kiryat Shmona, United Nations, Assembly, UN, Israel Defense Forces, Lebanese Ministry of Health Locations: Kiryat Shmona, Israel, Lebanon, Galilee, Tel Aviv, Iran, Gaza, Kiryat, “ Israel, Beirut, Shtula, Pinhas

☆ Google Search's new AI makeover is the latest change the rest of the internet needs to navigate
▼ + stars: | 2024-10-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, Google Search is going to look a whole lot different thanks to generative AI . According to Rhiannon Bell, the vice president of user experience for Google Search, it's a "pretty dramatic shift from where we were before." AdvertisementAnd yes, in case you were wondering if it was coming, Google is going to start putting ads in its AI Search results — but only when Google deems them relevant. Google's new AI-organized search results GoogleSearch's revamp addresses a big concern for the rest of the internet. One survey conducted earlier this year found 60% of people who used Google's AI search found it more effective than non-AI powered Search.

Persons: —, Morgan Stanley, Tyler Le, Hugh Langley, Tech's, Hugh, Rhiannon Bell, Gen, Jenny Chang, Rodriguez, Ned Davis, Kalshi, Andy Jassy F, Carter Smith, Chelsea Jia Feng, Andy Jassy, Marc Andreessen, he's, Alyssa Powell, dockworkers, hasn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Costco, Tech, Google, Getty, Ned, Ned Davis Research, CFTC, Bloomberg, Getty Images, Amazon, LinkedIn, YouTube, EU . US Department of Labor Locations: China, San Francisco, EU, New York, London

☆ Helene’s survivors shoulder catastrophic loss and destruction after storm leaves at least 213 dead
▼ + stars: | 2024-10-04 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +10 min

Community volunteers carry gas at a relief area and community coordination center in Bills Creek, North Carolina, on Thursday. Melissa Sue Gerrits/Getty ImagesMen remove items from a fine arts business in Marshall, North Carolina, on Thursday. Melissa Sue Gerrits/Getty ImagesA volunteer helps clean out a flooded crawlspace under a home impacted by Hurricane Helene in Cruso, North Carolina, on Thursday. In North Carolina, guard members have been dropping in supplies from the air and airlifting people and pets to safety. President Joe Biden visits an area affected by Hurricane Helene in Keaton Beach, Florida, on Thursday.

Persons: Helene, Joe Dancy, CNN’s Laura Coates, ” Helene, Allison Joyce, Polly Trottenberg, Frank Matranga, ” Matranga, Melissa Sue Gerrits, Hurricane Helene, Jonathan Drake, Helene ., Jaclyn Rothenberg, we’re, Alejandro Mayorkas, Matranga, Joe Biden, ” Biden, Mandel Ngan, Joe Biden's, Tom Brenner, Eddie Hunnell, Hunnell, Phil Worth, Leslie, couldn’t, Phil, “, ” Hunnell, ”, Leslie Worth, “ Leslie, “ I‘d, CNN Hunnell, CNN’s Kayla Tausche, Sam Fossum, Haley Talbot, Sara Smart, Emma Tucker, Andy Rose, Steve Almasy Organizations: CNN, Hurricane, Community, Getty, US Transportation Department, Reuters Cell, National Guard, FEMA, Homeland, Reuters Local, Small, Republicans, SBA Locations: Virginia, Carolina’s Buncombe County, Asheville, tatters, Swannanoa , North Carolina, United States, North Carolina, South Carolina, Georgia, Florida, Tennessee, Bills, , North Carolina, AFP, Marshall , North Carolina, Cruso , North Carolina, Hurricane, Keaton Beach , Florida, Grassy Creek , North Carolina, Worth

☆ Stocks making the biggest moves midday: Rivian, Abercrombie & Fitch, CVS, Spirit Airlines and more
▼ + stars: | 2024-10-04 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Abercrombie & Fitch - Shares of the teen apparel retailer jumped nearly 8% after JPMorgan added it to its positive catalyst watch list. JetBlue shares jumped more than 15% on the news. Summit Therapeutics – The biopharmaceutical company added 2%. Other international shipping stocks saw losses as well, including Danish shipping giant Maersk at 5% . CVS Health — The company's shares added 3.3%.

Persons: Abercrombie &, Matthew Boss, Hollister, Tencent, — CNBC's Sean Conlon, Hakyung Kim, Christina Cheddar, Berk, Lisa Kailai Han Organizations: Abercrombie, Abercrombie & Fitch, JPMorgan, Spirit Airlines, JetBlue Airways —, Wall Street, JetBlue, Vistra, Nvidia, Therapeutics, Drug Administration, Ubisoft Entertainment, Bloomberg News, Ubisoft, SilverCrest Metals, Mining, Zim Integrated Shipping Services —, U.S, dockworkers, United States Maritime Alliance, Maersk, CVS Health, CNBC, CVS

☆ A majority of North Carolina homeowners didn't have flood insurance. Then Helene hit.
▼ + stars: | 2024-10-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

Heavy rains from Hurricane Helene caused flooding across western North Carolina, like here in Asheville. Melissa Sue Gerrits/Getty ImagesBut only about 2.6% of the 4.3 million properties across the state — or around 115,000 properties — had flood insurance as of June 2024, according to private provider Neptune Flood Insurance, which analyzed data from the government-backed National Flood Insurance Program. North Carolina Department of Insurance communications director Jason Tyson estimated that about 139,000 properties in the state have flood insurance through the NFIP. Part of the problem with flood insurance is a common misconception that regular home insurance covers flooding, which is rarely the case, four experts knowledgable about flood insurance and disaster management told Business Insider. "We don't think of western North Carolina and the Appalachian mountains as an area that has significant flood risk."

Persons: Hurricane Helene, Melissa Sue Gerrits, Neptune, Jason Tyson, Sue Gerrits, Trevor Burgess, Jeffrey Schlegelmilch, Schlegelmilch, Margaret Walls, they're, there's, It's, it's, Helene, Jeremy Porter, Burgess, Yanjun Liao, Liao Organizations: Service, North, Climate Office, Neptune Flood Insurance, Flood Insurance, North Carolina Department of Insurance, The North, Information Center, Business, Getty, National Center for Disaster Preparedness, Columbia Climate School, FEMA, Associated Press, Resources Locations: Hurricane, North Carolina, Asheville, —, The, The North Carolina, Black Mountain , North Carolina, State, North, Florida , Louisiana, Texas, Asheville , North Carolina

☆ Leaders from BCG, Infosys, AARP, and more predict how AI will transform top companies in the next 12 months
▼ + stars: | 2024-10-04 | by ( Julia Hood | Tim Paradis | ) www.businessinsider.com time to read: +17 min

During a virtual roundtable, we asked Business Insider's Workforce Innovation board to tell us how AI would transform companies over the next year. How will the most innovative companies be transformed by AI over the next 12 months? Last year, we had an AI challenge across the company, and a huge percentage of our employees participated. There are a lot of different points of view on what AI will and will not do and how quickly. And that the promise we think AI is going to deliver will probably take longer than we think to come to fruition.

Persons: Tim Paradis, Vinod Khosla, Khosla, upskilling, Justina Nixon, Nixon, Saintil, AARP's Marjorie Powell, Powell, Chris Deri, Anant Adya, Marjorie Powell, Alicia Pittman, We've, We're, It's, coder, Maggie Hulce, Salesforce, what's, Chen, we've, Weber, everybody's, Anant, Shane Koller, Tipton Organizations: Sun Microsystems, Weber, IBM, Saintil, Infosys, AARP, Boston Consulting, Clear, Federal Housing Finance, Street Locations: Dreamforce, San Francisco, Tipton

☆ A millennial with a Ph.D. and over $250k in student loan debt says she's been looking for a job for 4 years. She wishes she prioritized work experience over education.
▼ + stars: | 2024-10-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

A millennial with a Ph.D. and over $250,000 in student loan debt said she can't find a job. She's looking for business roles while working as a nurse to help pay the bills. She said she's been forced to expand her job search and explore a new career in nursing to help her make ends meet. AdvertisementRasberry said she thinks the biggest obstacle in her job search is her lack of work experience. She said working remotely would make it easier to keep her nursing job, reduce her commuting costs, and care for her dog.

Persons: —, Rasberry, She's, she's, I've, she'd, hasn't, — she's, wasn't, I'm Organizations: Service, Saint Leo University in, Business Locations: Saint Leo University in Florida, Virginia

☆ The Fed will have to cut 'more and sooner' than the dot plot has suggested: Strategist
▼ + stars: | 2024-10-04 | 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 EmailThe Fed will have to cut 'more and sooner' than the dot plot has suggested: StrategistVishnu Varathan, head of economics and strategy at Mizuho Bank, says "we're not sold on 50 basis points all the way through for this year, even though I think the [U.S. Federal Reserve] will have to cut more and sooner than the dot plot has suggested."

Persons: Vishnu Varathan, we're Organizations: Mizuho Bank, U.S . Federal

☆ MrBeast's $100M Amazon reality show may succeed despite controversy. But it could come back to haunt him.
▼ + stars: | 2024-10-04 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

AdvertisementMrBeast confirmed this week that his upcoming Amazon show, Beast Games, had cost more than $100 million. "They'll still do partnerships with him," Diana D'Angelo, the CEO of Breaking Creatives Agency, told BI. A spokesperson for Donaldson told BI that the lawsuit had not yet been served to him despite being filed two weeks ago. AdvertisementHowever, Chedid told BI these "stonewall tactics" may "come back to bite him," affecting his reputation and future partnerships. D'Angelo told BI Donaldson might decide to speak up if the controversy starts to affect his "bread and butter" — his YouTube channel.

Persons: MrBeast, —, Diana D'Angelo, they'll, he's, Jimmy, Donaldson, YouTubers KSI, Logan Paul, Paul, Rolling Stone, Robyn Abou Chedid, Chedid, Thomas Walters, Ava Tyson, Kevin Mazur, Tyson, Kraft Heinz's Lunchables, Walters, D'Angelo Organizations: Service, Beast Games, Amazon, Creatives, Reuters, The New York Times, Las, Guided Agency, YouTube, Beast Locations: Amazon, Las Vegas, Los Angeles, Toronto

Now through October 19, Blue Nile is offering up to 30% off select jewelry, including earrings, necklaces, bracelets, and engagement rings that we love. Keep scrolling to find some of my favorite Blue Nile deals. View at Blue NileFurther reading: Buying an engagement ring with a credit cardWhat should I buy from Blue Nile? Though you can definitely invest in some beautiful earrings, bracelets, and necklaces from Blue Nile, our style team especially loves the brand's engagement rings. When does the Blue Nile sale end?

Persons: I've, you've Organizations: Business Locations: Blue

The September jobs report came in stronger than expected, with 254,000 jobs added. AdvertisementThe latest jobs report might be just what Vice President Kamala Harris needs. The latest jobs report could change that — taking away some of former President Donald Trump's ammunition to hammer Harris on the economy. AdvertisementRecent days have included not only a stellar jobs report but also the end for now of the dockworkers' strike at East Coast ports. "With today's report, we've created 16 million jobs, unemployment remains low, and wages are growing faster than prices," the statement said.

Persons: Kamala Harris, Trump, Harris, Biden, —, Joe Biden, Donald Trump's, Matt Colyar, Colyar, Pew, leaners, they're, we've, Labor Julie Su, We've, we're Organizations: Service, Moody's, University of Michigan's, Consumers, Pew Research Center, Democratic, Republican, The New York Times, Siena College, Pew Research, Labor Locations: East Coast

My husband and I spend money in different ways, but we worked to set our financial goals together. We have our retirement and investments with our favorite financial services company, where we occasionally get advice from our financial advisor. Most of our expenses are debited from this pool of money, set up on auto-pay, of course. We have each other's phone codes, email passwords, and the like, so it was only natural that we both have access to all our money accounts, too. We both have access to all accounts, all credit cards, retirement accounts, and 529 plans, passwords, and all.

Persons: —, I'm, spender, that's, doesn't Organizations: Service, Costco, Walmart Locations: Napa, Florida, incidentals

☆ Why oil prices haven't skyrocketed on Middle East supply fears — yet
▼ + stars: | 2024-10-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Iran, which is a member of OPEC, is a major player in the global oil market. It's estimated that as much as 4% of global supply could be at risk if Israel targets Iran's oil facilities. For some analysts, the reason crude prices have yet to move even higher is because the oil market is short. watch nowTamas Varga, an analyst at oil broker PVM, told CNBC via email on Thursday that the oil market was pricing in some risk premium given the geopolitical concerns. These fears, however, will be greatly alleviated in [the] coming days unless oil supply from the region or traffic through the Strait of Hormuz are materially impacted," he added.

Persons: Fatemeh, Goldman Sachs, SEB, Jeff Currie, Carlyle, CNBC's, it's, Currie, we've, Amrita Sen, We've, Sen, Joe Biden, Biden, Tamas Varga, " Varga, Benjamin Netanyahu, Masoud Pezeshkian Organizations: Anadolu, Getty, Energy, OPEC, Brent, U.S, West Texas, CNBC, White House, Islamic Revolutionary Guard Corps, Persian, Nurphoto Locations: Isfahan Refinery, Iran, Isfahan, Israel, Swedish, backwardation, bearishness, U.S, Hormuz, Oman, Tehran, Qatar, Persian, Bushehr, Bushehr province

☆ I've lived on 3 continents. Our town in Canada surpassed my expectations, but London let me down.
▼ + stars: | 2024-10-04 | by ( Melissa Noble | ) www.businessinsider.com time to read: +5 min

I later moved to London and felt disappointed — it was harder to build community in a big city. AdvertisementOur town in Canada immediately felt like homeThere was a lot of beauty we could access for free or cheap in the Canadian Rockies. At the same time, the cost of living in London felt astronomical compared to Banff. London just didn't have the same sense of community as our town in Canada. For me, our town in the Rockies felt more like home, and I'd still move back in a heartbeat.

Persons: —, texted, I'd, Canadians —, it'd, Alexander Spatari, we'd, would've Organizations: Canadian Rockies, Service, thipjang, Canadians, Rockies, National Insurance Locations: Australia, London, Banff, Canada, American, Europe, South America

☆ Lachlan Morton’s historic cycle around Australia: Headwinds, hunger and ‘a very close call’ with a kangaroo
▼ + stars: | 2024-10-04 | by ( George Ramsay | ) edition.cnn.com time to read: +6 min

During his travels, the professional cyclist has braved brutal headwinds, extreme temperatures, dangerous traffic and even dusted himself off after a run-in with a kangaroo. That’s all while cycling up to 17 or 18 hours a day, stopping only to sleep, eat and mentally reset before doing it all again. “Rainy days, big, long headwind days – I think mentally they’re probably the most challenging,” says Morton. Reminding yourself that you’re just on a bike ride becomes very important.”This, however, is far from any normal bike ride. Morton has had to negotiate large trucks on his cycle around Australia.

Persons: ”, Lachlan Morton, it’s, Morton, “, ” Morton, you’ve, –, David Alley’s, “ You’re, Karter Machen, Rachel, ” – Morton, birdsong, He’s Organizations: CNN, Port Macquarie, CNN Sport, EF, Road, Association of Australia, Tour de France, Education –, Indigenous Literacy Foundation Locations: Port, Sydney, Australia, Adelaide, Brisbane, Broome, Darwin, Esperance, Melbourne, Perth, Paris, Munich, Ukrainian, Riding

☆ Zillow adds climate risk data to home listings as threats rise
▼ + stars: | 2024-10-04 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

As concerns about flooding, extreme temperatures, and wildfires grow, this tool also helps agents inform their clients in discussing climate risk, insurance, and long-term affordability." But climate risk firm First Street, which incorporates the effects of climate change into its property risk scores, shows nearly 12% of homes in the state at flood risk. Each for-sale listing on Zillow now displays First Street risk scores for flood, fire, wind, air and heat. This is especially true for the flood risk, because climate change is already intensifying the severity of rainfall, even in minor storms. More than 80% of buyers now consider climate risk when purchasing a home, according to a survey by Zillow.

Persons: Skylar Olsen, Hurricane Helene, Ed Kearns, We've, Zillow, Kearns Organizations: FEMA, Federal Emergency Management Agency, Government, First Locations: North Carolina, Carolina

☆ I'm on day 14 without social media—here’s what I miss the most
▼ + stars: | 2024-10-04 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

But there are some things about social media that I miss. My experience without social media has been much the same. But now that I'm away from social media, I've found myself learning about current events much later than everybody else. Daily interactions with my social media friendsMost of us have acquaintances that we connect with on social media and not anywhere else. I still plan to stay off of social media for another week, and I'm not counting down the days.

Persons: Liu, Weiting Liu, I've, I'd, Get Organizations: CNBC

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