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As a global leader in digital payments, Visa has 4.2 billion credit and payment cards in circulation across more than 200 countries. Through its advanced transaction processing network, VisaNet, the company facilitates payment authorization, clearing, and settlement, and it is one of the most remarkable and consistent growth stories around — along with fellow payment processing company Mastercard. The following chart illustrates its remarkably consistent growth since the pandemic plunge (which naturally suspended considerable economic activity). While a 30 P/E is higher than the market's, the S & P trades closer to 26 times earnings; Visa should trade at a premium. The ability for consumer spending growth to continue apace is limited, so presumably, topline growth will slow somewhat.
Organizations: Visa, Mastercard, DOJ, Nvidia, United Health, Southwest Airlines, CNBC, NBC UNIVERSAL
Tobacco product use among middle and high school students has dropped to a 25-year low, the Centers for Disease Control and Prevention and the U.S. Food and Drug Administration announced Thursday. Female students reported the biggest decline in use across the board, and Hispanic students also reported a drop in use of any tobacco product. Evidence-based strategies, including price increases, media campaigns and smoke-free policies, are likely part of what caused tobacco product use to drop, according to the agencies. E-cigarettes continue to be the most used among students who reported tobacco product use, at 5.9%, but nicotine pouches are now the second-most commonly used tobacco product, at 1.8%, followed by cigarettes at 1.4%. Zyn was the most-popular nicotine pouch brand, at 68.7%, compared with the next most-popular brand On at 14.2%.
Persons: We're, Brian King, Deirdre Lawrence Kittner, Zyn, Philip Morris Organizations: Centers for Disease Control, U.S . Food, Drug Administration, CDC, FDA, National Youth Tobacco Survey, FDA's Center for Tobacco Products, Philip, Philip Morris International Locations: New York City, U.S, Colorado
In the end, on Wednesday, both Harris and Fox News probably got what they wanted. But before the interview, Harris spokesman Ian Sams explained her thinking. If only a few thousand Fox viewers or traditional conservatives swapped sides, it could push some swing states in the vice president’s direction. Still, the risk for Harris is that her display in her first formal Fox interview could alienate some of those voters. It’s taken her several months to arrive at the assurance that she’d strike a strong contrast with Biden’s administration, which she unveiled in the Fox interview.
Persons: CNN — Kamala Harris didn’t, Donald Trump —, heatedly, Bret Baier, Harris, Baier, she’s, , ” Harris, Trump, Joe Biden’s, ” Fox, Harris ’, “ Kamala, Fox, Donald Jr, Eric, Stephen Miller, Ian Sams, Kamala Harris, Ryan Collerd, Nikki Haley, , ” She’s, Biden, they’re, Donald Trump, Alex Brandon, Sen, JD Vance, “ I’ve, ” Trump, , , he’s, It’s, parry Organizations: CNN, Fox News, Trump, Republicans, Fox, Keystone State, Republican, Getty, GOP, South Carolina Gov, Ohio Republican Locations: Pennsylvania, , United States, Washington, Washington Crossing , Pennsylvania, AFP, Bucks County, Philadelphia, Ohio, Univision, Doral , Florida
“It’s really about making sure (the app’s users) understand what is kind of at stake,” she added. Meanwhile, OkCupid has added a dozen new matching questions that focus on voter behavior and help show users more compatible profiles. While registered US voters are split near evenly between the two parties, according to Pew Research Center, daters on OkCupid tend to lean more liberal. Debono recognizes that political concerns are important to daters, especially ahead of a presidential election. “Political alignment is increasingly becoming a nonnegotiable factor for many people who are dating,” Debono said.
Persons: Tinder, , , Stephanie Danzi, OkCupid, “ Trump, Michael Kaye, Joe Biden, Donald Trump, ” Kaye, Ashley Houghton, ’ ”, Houghton, daters, Lisa Wade, Wade, George Floyd’s, , cautiousness, ” Wade, we’re, Casey Klofstad, ” Klofstad, Bumble, John McEntee, Raquel Debono, ” Debono, Debono Organizations: CNN, Tinder, Vote.org, OkCupid, Pew Research Center, , Tulane University, University of Miami, ” CNN Locations: California
The EU's NIS 2 cybersecurity directive sets a high benchmark for companies over their internal cybersecurity systems and practices. On Thursday, the new directive officially became enforceable by member states. However, most EU member states have yet to implement NIS 2 in their own respective national laws, meaning that enforcement is likely to be spotty. NIS 2 — or the Network and Information Security Directive 2 — is an EU directive that aims to increase the security of IT systems and networks across the bloc. Fladgate's Wright said that effectiveness of NIS 2 as a regulation will largely depend on consistent implementation and enforcement across EU member states.
Persons: Andrew Brookes, Bulgaria — haven't, Tim Wright, Fladgate's Wright, Chris Gow, Gow, Carl Leonard, Leonard Organizations: Getty, NIS, Research Federation, CNBC, and Information, EU, General Data Locations: Portugal, Bulgaria, EU
David Scott, 95, spends 45 minutes at the gym every other day of the week. He also credited his longevity to eating homegrown produce and said it was half his food intake. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI'm the oldest person at my gymAround a decade ago, I joined Planet Fitness, my local gym. I'm the oldest person in the gym, but I enjoy the company of younger people who encourage and inspire me.
Persons: David Scott, , I've, didn't, Scott, Lydia Organizations: Service, Health, Fitness, Business Locations: New Hampshire, New England, Colorado, Italy, Kenya
"Modern Family" star Julie Bowen struggles to connect with her teenage sons sometimes. AdvertisementJulie Bowen knows the pain of raising teenage boys but she's finally mastered the art of starting a conversation with them. The "Modern Family" star has three teenage sons — Oliver, 17, and twins John and Gustave, 15 — whom she shares with her ex-husband Scott Phillips. And you're going to miss that moment if you aren't doing some lurking." "Stay calm during emotional conversations so as to not shut it down, and avoid intrusive questions, judgment, criticism, and lectures."
Persons: Julie Bowen, , she's, Andy Richter, Bowen, — Oliver, John, Gustave, Scott Phillips, It's, Laura Eidlitz, Eidlitz Organizations: Service, Business Locations: Brooklyn
Treasury yields rise as investors await key data
  + stars: | 2024-10-17 | by ( Sawdah Bhaimiya | ) www.cnbc.com   time to read: +1 min
ET, the 10-year Treasury yield was up by more than two basis points to 4.0415%. The 2-year Treasury yield was over one basis point higher to 3.9529%. U.S. Treasury yields were higher Thursday as investors weighed comments from Federal Reserve officials made throughout the week and awaited key economic data. Investors on Thursday looked to fresh key economic data which comes after the latest remarks from Fed officials about the potential path ahead for interest rates. The data comes after several Fed officials earlier this week hinted at further rate cuts to come.
Persons: Dow Jones, , Jeff Cox, Sophie Kiderlin Organizations: U.S, Treasury, Federal Reserve, European Central Bank Locations: U.S
Retail sales were up across most categories last month, rising the most at specialty stores (+4%), clothing stores (+1.5%) and at health and personal care shops (+1.1%). Excluding those sales, retail spending was up a much stronger 0.6%. Consumer spending makes up about 70% of the US economy, with retail sales comprising a sizable chunk of that. The latest figures on retail spending represent another reassuring sign that America’s economy is nowhere near a recession. The Federal Reserve delivered a bold half-point rate cut last month, the first time the central bank has lowered interest rates in more than four years.
Persons: Jerome Powell Organizations: Washington CNN, Consumer, Federal Reserve
My girlfriend and I never talked about pet insurance — that changed when our cat got cancer. I haven't decided whether pet insurance is right for my needs, but I know I'm willing to take on debt for my pets. But without pet insurance, we had to make tough decisions as we tried to save his life. The primary reason is that pet insurance is worse than pre-Obamacare human insurance, and it doesn't cover pre-existing conditions. Get Pet Insurance Quotes Find affordable pet insurance policies with Petted.
Persons: I haven't, , I've, Wyatt, it's, wasn't, she'd, didn't, Chester, I'm Organizations: Service Locations: Chester
She told Business Insider that the study of microplastics initially started in marine biology. GettyResearch suggests that microplastics could contribute to the development or worsening of health issues such as asthma, Couceiro said. Don't microwave food in a plastic containerCouceiro tries to remove food from plastic packaging before microwaving it whenever she can. AdvertisementOne way to reduce the number of microplastics you're exposed to is to stop microwaving food in plastic containers. Avoid plastic cookwareSwapping plastic kitchen utensils for wooden and metal ones can be a good way to reduce exposure to microplastics, Couceiro said.
Persons: Fay Couceiro, microplastics, Couceiro, Getty Organizations: Service, Portsmouth University, UK, Plymouth Marine Laboratory, Getty Research, Getty, Environmental Science, Technology
Dozens of deals over the years have resulted in products ranging from Trump Vodka and Trump Steaks to giant skyscrapers emblazoned with his surname. “Would make a great Christmas Gift.”In this still photo from a promotional video, former President Donald Trump holds a watch branded with the Trump name. The Trump Watches website is, in fact, peppered with disclaimers. “We specialize in creating anonymous LLCs to shield your personal information from public eyes,” the website for Wyoming LLC Attorney says. Wyoming LLC Attorney can help launch a new LLC within 24 hours, it advertises.
Persons: Wyoming CNN —, Donald Trump, , Trump, , hasn’t, couldn’t, TheBestHoneyOnEarth, Vladimir Dmitriev, Dmitriev, “ We’ve, ” Andrew Pierce, Carol Mendelsohn, Pierce’s, Mark Pierce, Pierce, ” Trump, , “ You’re, Oisín, Tim Mosso, “ It’s, ” Mosso, Trump’s, Donald J, TheBestWatchesOnEarth, it’s, ” Pierce Organizations: Wyoming CNN, CNN, Trump, TheBestWatchesOnEarth LLC, Republican, LLC, and Drug Administration, FDA, White, Trump Organization, TheBestWatchesOnEarth, Trump Vodka, NFT International, 45footwear, Mar, YouTube, The Trump Organization, Cloud, Law Locations: Sheridan, Wyoming, Montana, Washington, DC, Montenegro, , Sheridan , Wyoming, Puerto Rico, Manhattan, Cheyenne , Wyoming, Philadelphia, TheBestWatchesonEarth, United States
Travelers' third-quarter earnings came in at $5.24 per share, topping the $3.55 a share expected from analysts polled by LSEG. Blackstone reported third-quarter earnings of $1.01 per share on revenue of $2.43 billion. CSX — Shares slipped 5.9% after the transportation company reported disappointing third-quarter results. Alcoa — The aluminum producer's stock shed more than 3% after the company reported third-quarter revenue of $2.90 billion, below the $2.97 billion LSEG consensus estimate. Synovus Financial — Shares popped 5% after the company reported better-than-expected adjusted earnings per share for the third quarter.
Persons: Uber, LSEG, Elevance, Blackstone, Equifax, Synovus, — CNBC's Sean Conlon, Hakyung Kim, Alex Harring, Pia Singh Organizations: Taiwan Semiconductor, Nvidia, Micron, Times, Expedia, , LSEG, CSX, Nokia —, Alcoa, FactSet, Dynamics, Steel, Walgreens, Alliance
What does it really mean to live in a country where abortion is no longer a constitutional right? New laws have forced doctors to delay care in life-threatening situations and made women afraid to seek it, leading to preventable deaths. Or, in the cases of some doctors: How can I help this patient without getting arrested? We asked people at the front lines of abortion access to help us understand how the new laws have filtered into their worlds. They answered our call with texts, audio messages, videos and pictures; some shared their stories anonymously out of fear of reprisal.
Persons: Roe, Wade, haven’t, America’s Organizations: Jackson, Health Organization Locations: Dobbs
Speaking to CNBC's Inside India, Kohli noted that India's wealthy now come from a swathe of industries. India's stock market became the fourth-largest in the world at the start of the year, after overtaking Hong Kong. Meanwhile, those whose wealth that falls between 10 to 50 million Indian rupees are in the affluent category, he added. Historically, India's wealthy had a median age exceeding 50. Drivers of India's wealthThe growth in India's wealthy population comes in tandem with the nation's economic progress.
Persons: Ratan Tata, Waterfield, Ratan Tata —, Ambani, Himanshu Kohli, Kohli, Pramod Gubbi, Marcellus, Lee, Gubbi, Knight Frank, What's, Malcolm Dorson, Dorson Organizations: Tata Group, Fortune India, Tata Sons, Tata Steel, Tata Consultancy Services, Tata Motors, Titan Company, Marcellus Investment, Lee Kuan Yew, of Public, National University of Singapore, Bombay Stock Exchange, Global, Volvo, Apollo Locations: India, Tata, CNBC's, Hong Kong, Pune, Hyderabad, Ahmedabad, Chennai, U.S
“And for the record, Liam was in my opinion the most vital part of One Direction. Malik left the group in 2015, spawning the announcement that One Direction was going on an “indefinite hiatus” the following year. All five former members went on to pursue solo careers, including Payne, who released his most recent single “Teardrops” in March. Just weeks before his death, Payne was seen in Argentina attending Horan’s concert, posting videos of himself dancing and singing along on his Snapchat page. Payne’s family previously said a statement that they’re “heartbroken” by his death, according to the UK’s PA Media news agency.
Persons: Harry Styles, Niall Horan, Zayn Malik, Louis Tomlinson, Liam Payne, , ” Styles, Horan, Malik, Tomlinson, Liam, ” Tomlinson, Payne, ” “ Liam, , Bear, Simon Cowell, Styles, Christopher Polk, “ I’ve, ” Payne, they’re, “ Liam, Cowell Organizations: CNN, Demand Entertainment, UK’s, Media, Fremantle UK Locations: , Buenos Aires, Argentina, Los Angeles
CNN —Former One Direction band member Liam Payne has died at age 31 after falling from the third floor of the CasaSur Palermo Hotel in Buenos Aires, Argentina, according to police. “We have a guest who is overwhelmed with drugs and alcohol,” the hotel manager said on the call. Police officers stand guard at the entrance of the hotel where British singer Liam Payne died in Buenos Aires on Wednesday. Juan Mabromata/AFP/Getty ImagesMental health strugglesIn recent years, Payne spoke publicly about facing battles with his mental health and substance abuse. “It’s wild, but it was like the only way you could get frustration out in the day,” he said.
Persons: Liam Payne, Payne, Pablo Policicchio, Payne “, Juan Mabromata, Middleton, , , superstardom Payne, Simon Cowell’s, Harry Styles, Niall Horan, Zayn Malik, Louis Tomlinson, ” Payne, Bear, Cheryl Tweedy Organizations: CNN, Todo Noticias, , Police, Buenos Aires Security Ministry, Associated Press, ” Police, Buenos, Authorities, Wednesday, Wolverhampton College, British TV, Girls Locations: Buenos Aires, Argentina, British, AFP, English, Wolverhampton, City
“It’s both persuading and mobilizing at the same time – really until the end,” said Dan Kanninen, battleground director for the Harris campaign. In Pennsylvania, Harris lacks a key element of Biden’s appeal: The Catholic, working-class son of Scranton had local and cultural ties to the state. Vice President Kamala Harris speaks at a campaign event in Washington Crossing, Pennsylvania, on October 16, 2024. “Kamala is for they/them,” a Trump campaign ad declares. But he said it was clear to him that the Harris campaign has learned lessons from 2016.
Persons: Milwaukee CNN — Kamala Harris, Donald Trump’s, lockstep –, Harris, Trump, , Gretchen Whitmer, Brian Schimming, I’ll, ” Schimming, ” Harris, , Liz Cheney, It’s, , Dan Kanninen, Donald Trump, ” Kanninen, Joe Biden, – Whitmer, Tony Evers, Josh Shapiro, Pennsylvania –, “ We’re, ” Evers, Whitmer, Evers, ” Whitmer, Sarah Kloepping, Michael Dukakis, George H.W, Bush, Gerald Ford, Jimmy Carter, “ It’s, they’ve, Barry Burden, Biden, ” Biden, Barack Obama, Kamala, Harris ’, Tim Walz, Walz, Let’s, Howard Stern, Kamala Harris, Evelyn Hockstein, outspending, “ Kamala, Jill Stein, Stein, Robert F, Kennedy Jr, Kennedy, “ She’s, Christine Fink, Fink, “ I’ve, Phil Swanhorst, “ Trump, Clinton, ” Swanhorst, ” CNN’s David Wright Organizations: Milwaukee CNN, CNN, Wisconsin Republican Party, GOP, Democratic, Republicans, Wyoming, Trump ., Pennsylvania, , ” Michigan, USA, Elections Research, University of Wisconsin -, Philadelphia Democrats ’, International Brotherhood of Teamsters, International Association of Fire Fighters, Democrats, Republican, Trump, Keystone State, Michigan, Green Party, Cornel West, Democratic National Committee, , Libertarian Party, Democratic Party Locations: Wisconsin , Michigan, Pennsylvania, Lakes, lockstep, Michigan, Wisconsin, Harris, Bucks County , Pennsylvania, Bucks County, Oakland County , Michigan, Waukesha County , Wisconsin, Arizona , Georgia, Nevada, North Carolina, Tony Evers of Wisconsin, Hudson , Wisconsin, Green Bay , Wisconsin, University of Wisconsin - Madison, Scranton, , Dearborn, Gaza, Detroit, Minnesota, Washington Crossing , Pennsylvania, Georgia , North Carolina, Arizona, Trump, Eau Claire, Ireland, Hillary, Eau Claire County
At the time, the young Payne said he was more focused making music than schoolwork. Christopher Polk/Getty Images Payne takes a selfie with fans at the 2014 ARIA Awards in Sydney. Terence Patrick/CBS/Getty Images Payne poses for photos with his then partner Cheryl Cole at the 2018 BRIT Awards in London. Joe Maher/FilmMagic/Getty Images Payne performs on "The Today Show" in 2019 to promote the release of his first solo album. Zayn Malik, Louis Tomlinson, Liam Payne, Niall Horan and Harry Styles on the 'The X Factor' in 2010.
Persons: Liam Payne, Payne, , , Louis Walsh, James Shaw, Shutterstock Payne, Louis Tomlinson, Zayn Malik, Harry Styles, Niall Horan, Nicole Scherzinger, Ken McKay, Shutterstock, Dave Hogan, Christopher Polk, Cameron Spencer, James Corden, James Van Der Beek, Jim Gaffigan, Terence Patrick, Cheryl Cole, Bear, Joe Maher, FilmMagic, Kate Green, Will Matthews, Marc Piasecki, Luis Robayo, Singer Liam Payne, ” Payne, I’ve, Frank Sinatra’s, Simon Cowell, Michael Buble’s, ” Cowell, Cowell, Directioners ”, Iron, “ He’s, Malik, Cole, Tolga Akmen, 😘😘 Organizations: CNN, Wolverhampton, Party, Fremantle Media, Getty, CBS, NBC, Soccer Aid, UNICEF, MTV Locations: Buenos Aires, Argentina, London, Wolverhampton , England, Barbados, Los Angeles, Sydney, Manchester, England, Paris, AFP,
AdvertisementI'd landed an easy job at Amazon, which I hadn't known existedI hadn't planned to coast when I'd changed teams. Within a month, I realized I'd landed in something I hadn't known existed at Amazon: an easy job. I also realized I liked having an easy job. In my "easy" role, I developed those core strengths even further and pursued new skills as complements. I no longer assumed that hard work had to mean struggle or fear of inadequacy.
Persons: Kristi Coulter, , I'd, who'd, strode, sunnier, Amazon, She'd, downshifting Organizations: Amazon, Service, VP Locations: Seattle
“It can look swollen and inflamed.”“It’s from high cortisol, aka high stress,” a woman says in another post. How stress can affect the faceWhile cortisol levels from elevated everyday stress may not be the reason behind so-called moon face, the hormone can take a toll on the skin in other ways. “Consistently elevated cortisol levels have been shown to inhibit your skin’s production of collagen, hyaluronic acid and healthy lipids like ceramide,” Bowe told CNN in an earlier interview. Tips for less stressThere are ways to reduce stress that can benefit the skin as well, experts say. In addition, yoga, meditation and deep breathing are all known to decrease cortisol production and stress levels.
Persons: , Dr, Rajani, ” Katta, Katta, Whitney Bowe, ” Bowe, Raj Dasgupta, “ It’s, ” Dasgupta, Organizations: CNN, Social, Baylor College of Medicine, Johns Hopkins Medicine, Icahn School of Medicine, Mount Sinai Medical, Whole, , Huntington Health, US Centers for Disease Control Locations: TikTok, Houston, New York City, California
ASHEVILLE, N.C. — When schools here reopen for the first time since Hurricane Helene unleashed a frightening deluge on western North Carolina, teachers won’t simply pick up where they left off in their lesson plans. While all Asheville City Schools students and staff members have been accounted for, they are grieving the deaths of other members of their community. “We’re not going to be able to just jump right into academics,” Asheville City Schools chief of staff Kim Dechant said. The city has restored water for toilets and handwashing at all other district schools, Dechant said. And with schools being closed for over a month, teachers will inevitably have to account for students’ learning loss.
Persons: Hurricane Helene, won’t, They’ll, We’re, Kim Dechant, , Dechant, Maggie Fehrman, “ It’s, , Trenton Williams, Rosalyn, Elzy Lindsey, Kathy Park, Elizabeth Chuck Organizations: Asheville City Schools, Schools, Asheville, River Arts Locations: ASHEVILLE, N.C, , North Carolina, Asheville, Asheville’s, River Arts District, New York
The Summary Forecasts for hurricanes Helene and Milton were highly accurate. Nearly five days before Hurricane Milton hit Florida, National Hurricane Center forecasters predicted its track within just 12 miles of where the storm later made landfall. And yet, at a time when hurricane forecasts are at their most accurate, some meteorologists say they’ve never faced so much skepticism, hatred and conspiracy-minded pushback. They take it personally.”Hurricane forecasts have become more accurateHurricane forecasts have improved dramatically over the past 50 years. The National Hurricane Center publishes data each year about how its forecasts have aligned with reality, and the trend shows a decline in track errors since the 1970s.
Persons: Helene, Milton, , John Morales, they’ve, They’ve, , there’s, Matthew Cappucci, ” Cappucci, Cappucci, Bill Gates, Bradley Panovich, “ It’s, Kim Klockow McClain, Shel Winkley, ” Winkley, Hurricane Milton “ Organizations: Hurricane Milton, National Hurricane Center, National Weather Service, NBC, MyRadar, Washington Post, Harvard, Climate, NOAA Locations: Florida, North Carolina, Appalachia, Louisiana, Charlotte , North Carolina, Hurricane
Harris told reporters that she "found it to be quite bizarre" when Trump said during an all-women Fox News town hall that aired Wednesday morning, "I’m the father of IVF." She argued that his appointment of Supreme Court justices who voted for Roe v. Wade to be overruled undermined his claim. Trump had made the comments on IVF during a town hall event that was taped on Tuesday but aired on Wednesday. Trump also said during the town hall that "we’re totally in favor of IVF." When reached for comment on Harris' remarks, Trump campaign spokesperson Karoline Leavitt said that Trump's comments about being "the father of IVF" were "a joke."
Persons: Kamala Harris, Donald Trump's, Harris, Trump, Roe, Wade, Karoline Leavitt, Leavitt, that's Organizations: Wednesday, Fox News, NBC, Center for Reproductive Rights, Alabama, Congressional, Republicans, Trump Locations: Detroit, America
New England Patriots defensive tackle Christian Barmore was pulled over by Providence, R.I., police early Wednesday morning and apparently wasn’t pleased with how things went down. ET and cited for driving with an expired registration and plate cover violations, according to a Providence police report. Patriots head coach Jerod Mayo confirmed Wednesday the team is “aware of the situation” and that he spoke to Barmore earlier that morning. The defense has struggled without the 25-year-old defensive tackle this season and is allowing 358.8 yards per game, 25th in the NFL. The Patriots travel to London this week to face the Jacksonville Jaguars at Wembley Stadium on Sunday at 9:30 a.m.
Persons: Christian Barmore, Barmore, , ” Barmore, Jerod Mayo, Mayo, Javon Baker, Jabrill Peppers Organizations: New England Patriots, Providence, Providence police, Jeep, Patriots, Wednesday, NFL, Jacksonville Jaguars, Wembley Locations: R.I, Providence, Alabama, Boston, London
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