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☆ Walmart is taking dollar stores’ customers
▼ + stars: | 2024-09-04 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

Dollar Tree also owns the long-struggling Family Dollar chain. While dollar stores once expanded to reach a growing number of financially strapped Americans, they underestimated just how financially strapped many Americans would become. “They missed the fact in tough times the consumer would be looking for consumables.”Meanwhile, Dollar Tree has been weighed down by its purchase of Family Dollar. Earlier this year, Dollar Tree announced that Family Dollar will close more than 900 stores, and it subsequently said it will explore a sale or spinoff of Family Dollar. In previous times of financial stress, Dollar General has seen middle-income and slightly more affluent households trade down into Dollar General to save money.

Persons: Michael Lasser, —, Todd Vasos, Vasos, Mike Creedon, aren’t, “ They’re, ” David D’Arezzo, “, ” Neil Saunders, ” Organizations: New, New York CNN, Walmart, UBS, Dollar General, Dollar, CNN, Target Locations: New York

☆ Qualcomm ramps up challenge to Intel and AMD with latest AI PC chip
▼ + stars: | 2024-09-04 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Qualcomm took the wraps off the Snapdragon X Plus 8-core at the IFA conference in Berlin, Germany. The latest chips expand Qualcomm's Snapdragon X Series for PCs, which it launched last year. Meanwhile, Qualcomm's Snapdragon X Series is built on architecture from British chip designer Arm , allowing the processors to run complex applications with good energy-efficiency. A number of major PC makers have adopted Qualcomm's Snapdragon X series chips for their devices. Companies like Lenovo have launched Copilot+ PCs based on Qualcomm chips and Windows operating system.

Persons: Cristiano Amon, Amon, Neil Shah, Qualcomm's, Shah, Ramon Costa Organizations: Qualcomm, Intel, IFA, Samsung, Microsoft, CNBC, Counterpoint Research, Mobile, Windows, Lenovo Locations: Berlin, Germany, U.S

The group was asked to share which topics they're most focused on between AI, worker well-being, diversity, equity, and inclusion, and C-suite transformation. While worker well-being and AI were the most commonly cited trends, there's clear overlap and intersectionality across all four topics. 'We're trying to understand a more holistic view of worker well-being'Shane Koller, senior vice president and chief people officer, AncestryThe two topics we're most focused on are worker well-being and DEI. As part of this new organizational structure, we announced our chief AI and data officer, one individual who would help bring together a cohesive strategy and vision for the organization's AI. A big focus for us is worker well-being.

Persons: Jack Azagury, nobody's, Shane Koller, we've, We've, Borgonovo, Alicia Pittman, Anant Adya, Marjorie Powell, Neil Murray, Maggie Hulce, Chen, it's, —, — there's, Kenon Chen, Sharawn Tipton, LiveRamp, there's, I'm, There's Organizations: Accenture, Mastercard, Infosys DEI, Infosys, AARP, Clear Locations: Tipton

☆ Trump lawyers are set to argue in court this week that the hit '80s song 'Electric Avenue' wasn't properly copyrighted
▼ + stars: | 2024-09-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

Trump's lawyers are expected to argue that, for decades, Grant somehow neglected to copyright the sound recording, or "master," for "Electric Avenue." Trump's lawyers acknowledge that Grant copyrighted the sheet music 40 years ago. Trump's side may argue that even Grant has tacitly acknowledged that the sound-recording copyright for "Electric Avenue" was never properly nailed down. Two weeks ago, on August 15, Grant applied to the US Copyright Office "for a sound-recording copyright registration of Electric Avenue," a court filing says. AdvertisementAnd Grant has been deposed by Trump's lawyers, who asked the artist to "explain" the song.

Persons: —, Donald Trump, Eddy Grant, Grant, Joe Biden, Trump, Neil Young's, Isaac Hayes, Hayes, Eddy Grant's, John G, Brett Van Benthysen, Dan Scavino, Van Benthysen, Scavino, weren't Organizations: Service, Trump, Twitter, Business, Trump —, MTV, Electric, Warner Records, Greenheart, US Locations: Manhattan, Barbados, Georgia

☆ How the Cass Report Became a Weapon in the War on Trans Kids - The New York Times
▼ + stars: | 2024-08-13 | by ( Lydia Polgreen | ) www.nytimes.com time to read: +2 min

Tennessee is one of some two dozen states that have passed laws limiting gender-affirming care for young people. The Tennessee law, called the Protecting Children From Gender Mutilation Act, prohibits the use of puberty-blocking medications for transgender adolescents, for example, but permits them for children who go into puberty at an early age. It bans the use of sex hormones like testosterone in transgender adolescents but allows it for other health issues, such as for children assigned male at birth. It bans gender-affirming surgeries for transgender adolescents — such surgeries are extremely rare — but allows similar surgical procedures that affirm the sex a child is assigned at birth, even on infants who are intersex. The Supreme Court ruled in 2020 — somewhat surprisingly given its conservative majority — that differential treatment of transgender and gay people is impermissible under civil rights law.

Persons: Biden, —, Neil Gorsuch, ” Locations: United States, Tennessee

☆ Starbucks’ CEO is out. Chipotle’s Brian Niccol is taking over
▼ + stars: | 2024-08-13 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Starbucks CEO Laxman Narasimhan is stepping down immediately after just a year in the role, the company announced Tuesday. The struggling coffee chain has tapped Chipotle CEO Brian Niccol to be its new chairman and CEO, effective September 9. Starbucks’ stock soared more than 13% in premarket trading, while Chipotle’s dipped 8%. Chipotle CEO Brian Niccol is leaving the chain for Starbucks. From ChipotleStarbucks’ struggles reflect consumer fatigue with high prices at food chains, restaurants and stores after years of price hikes.

Persons: Laxman Narasimhan, Brian Niccol, Niccol, “ Brian, ”, Mellody Hobson, ” Narasimhan, Laxman, ” Hobson, Neil Saunders, ” Saunders, Saunders, Narasimhan’s, Howard Schultz, ” Schultz Organizations: New, New York CNN, Starbucks, Elliott Investment Management, GlobalData, Wall Street Locations: New York, Mexican, North America

☆ IHOP, Krispy Kreme are launching pumpkin spice flavors in summer as fall flavor season heats up
▼ + stars: | 2024-08-13 | by ( Erika Tulfo | ) edition.cnn.com time to read: +2 min

CNN —Despite sweltering August temperatures, more stores are rolling out products in what was once the quintessential fall flavor: pumpkin spice. IHOP will launch its fall-themed lineup on September 1, including pumpkin spice pancakes, pumpkin spice cold foam cold brew and maple pumpkin cheesecake-flavored pancakes. And Krispy Kreme unveiled its fall menu even earlier, announcing the return of the pumpkin spice cake doughnut and pumpkin spice latte beginning August 12. Pumpkin spice has cemented itself as a fall staple, with Americans spending more than $500 million on pumpkin spice products each year, according to data from Nielsen. And with companies from Starbucks to Bath & Body Works consistently rolling out their own line of pumpkin spice products as the days grow shorter, the flavor has become a well-established part of the consumption calendar.

Persons: Krispy Kreme, ”, Neil Saunders, Saunders Organizations: CNN, Nielsen, Body, Home, “ Locations: Bath

☆ Ilhan Omar, a Vocal Critic of Israel and ‘Squad’ Member, Wins Her Primary
▼ + stars: | 2024-08-13 | by ( Neil Vigdor | More About Neil Vigdor | ) www.nytimes.com time to read: +1 min

Representative Ilhan Omar of Minnesota, the progressive lightning rod whose unabated criticism of Israel has deepened the fissures in the Democratic Party over the war in Gaza, won her primary on Tuesday, according to The Associated Press. While she prevailed, it has been a rocky summer for the “squad,” the ultraliberal faction of lawmakers in the House. Two other members of the group, Representative Jamaal Bowman of New York and Representative Cori Bush of Missouri, suffered primary defeats in June and August after pro-Israel groups spent millions trying to influence those contests. Ms. Omar, 41, who is seeking a fourth term in Congress, heavily outspent her three opponents, including Don Samuels, a former Minneapolis City Council member, who came within 2,500 votes of ousting her in the 2022 primary. Unlike several other primary contests, Ms. Omar’s race did not see a large amount of campaign spending originating outside the district.

Persons: Ilhan Omar, Minnesota, Israel, Jamaal Bowman, Cori Bush of, Omar, Don Samuels, Omar’s Organizations: Democratic Party, Associated Press, Israel, Minneapolis City Locations: Gaza, New York, Cori Bush of Missouri, Minneapolis

☆ Many musicians have copyright gripes with Trump, but only some can win in the courts
▼ + stars: | 2024-08-13 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +8 min

"Each songwriter belongs to a single PRO, so the Trump campaign would have needed to secure a license from the appropriate PRO," Litman said. According to BMI, Trump's campaign has taken out a "political entities license" from BMI for his 2016, 2020, and 2024 campaigns. Advertisement"If no license was obtained, the copyright owners in the songs can sue Trump, and they would win," Litman said. Trump's campaign has used Hayes' music at the former president's rallies more than 100 times and as recently as Saturday, Walker said. Walker, a 30-year entertainment-copyright lawyer, said the Hayes family hired him "after getting no response" from the Trump campaign for two years.

Persons: —, Donald Trump, Celine Dion, Trump's, Isaac Hayes, Trump, Hayes, Isaac Hayes III, Jessica Litman, Litman, Jodie Thomas, Thomas, Rihanna, Elton John, Neil Young, Pharrell Williams, Eddy Grant, Grant, James Walker Jr, Walker, we've Organizations: Service, Business, Republican, University of Michigan, American Society of Composers, Publishers, Music Inc, ASCAP, BMI, Trump, BI, National Rifle Association Locations: Montana, Hayes, , Texas

☆ Chuck E. Cheese targets inflation-weary families with a bargain subscription program
▼ + stars: | 2024-08-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Chuck E. Cheese has a new subscription program that’s half the price of a Netflix plan, but one the animatronic rat likely hopes double the fun. Chuck E. Cheese hopes the new program attracts inflation-weary customers who have cut back on discretionary spending to save money and seek a better deal. Chang’s providing various versions of their own helping the businesses lock in loyalty and deliver a consistent stream of income. So, Chuck E. Cheese may find it difficult to persuade all but the most ardent of loyalists to fork out for this,” he told CNN. In 2020, Chuck E. Cheese filed for bankruptcy at the height of the Covid-19 pandemic that forced business to temporarily shutter.

Persons: Chuck E, ” Mark Kupferman, ”, Cheese, Taco, Neil Saunders Organizations: New, New York CNN, Netflix, Taco Bell, GlobalData, CNN Locations: New York, Canada

☆ Locked-up merchandise is turning off shoppers at CVS, Walgreens, and other big drugstores
▼ + stars: | 2024-08-11 | by ( Alex Bitter | Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Read previewDrugstores like CVS, Walgreens, and Rite Aid have long been the spots where you can pick up essentials like a can of soup or some Tylenol in addition to your prescriptions. Another appears to show a Rite Aid store with an even wider selection of locked-up merchandise, including tortilla chips and microwavable ramen. Rite Aid did not immediately respond to a request for comment. She said she even avoids taking orders that involve shopping at one particular Walgreens store due to all the locked-up goods there. Do you work at CVS, Walgreens, Rite Aid, or another drugstore chain and have a story idea to share?

Persons: —, that's, Neil Saunders, Saunders, Duane Reade, Walgreens execs, Tim Wentworth, GlobalData's Saunders, dreuter@businessinsider.com Organizations: Service, Walgreens, Rite, Business, Global, CVS, Rite Aid, Companies, Walmart, Target Locations: Brooklyn , New York, Nevada

I prosecuted them in case after case, and I won.”A day earlier, the Harris campaign released a television advertisement highlighting her pivot. Her stance reflects a change in public opinion since Mr. Trump left the White House in 2021. The decision for the Harris campaign to frame her record as California attorney general as a “border-state prosecutor” stands in contrast to how she ran in the 2020 Democratic primary. “Donald Trump tanked the deal,” Ms. Harris said in Arizona as a crowd of more than 15,000 supporters booed. “Voters want to see folks be serious about actually fixing the broken immigration system and securing the border,” Ms. Cox said in an interview.

Persons: Kamala Harris, Biden’s, Harris, Donald J, Trump, “, Ms, ”, Bill Clinton, Biden, Mr, ” —, Kamala, Chris DeRose, ” Mr, DeRose, “ There’s, “ Donald Trump, ” Ms, ” Jen Cox, Mark Kelly, Cox, Tom Suozzi, Suozzi, ” Harris, Mike Madrid, Harris’s, Obama, Madrid, Donald Trump, ” Michael Gold, Reid J, Epstein Organizations: Republicans, Democratic, Republican, White House, Biden, Trump, America, Democrats, Mr, “, Democrat Locations: Arizona, U.S, United States, California, “, Montana, Maricopa County, New York, Bozeman, Mont, Washington

☆ Celine Dion's team says use of 'My Heart Will Go On' at Trump rally was 'unauthorized'
▼ + stars: | 2024-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +1 min

Céline Dion’s management team and record label, Sony Music Canada, said the use of her world-renowned hit “My Heart Will Go On” at a Donald Trump campaign rally in Montana on Friday was “unauthorized.”A video of Dion performing the 1997 song was broadcast at the Trump and JD Vance rally in Bozeman, Montana, on Friday evening. In a statement on X, the Canadian musician’s team said Saturday they became aware of the Republican campaign’s use of the “video, recording, musical performance, and likeness of Celine Dion” singing the song. “In no way is this use authorized, and Celine Dion does not endorse this or any similar use,” the statement read. Dion isn’t the first artist to reject the Trump campaign’s use of their music. “Me nor my people would ever be at or around one of those tragic rallies,” the musician said at the time.

Persons: Céline, Donald Trump, Dion, JD Vance, Celine Dion ”, Celine Dion, Dion isn’t, ” Rihanna, ”, Neil Young, Aerosmith’s Steven Tyler, Everlast, Adele, Trump Organizations: Sony Music Canada, Trump, Canadian, Republican, Pain Locations: Montana, Bozeman , Montana, British

☆ I have written 10 books on happiness: The simple, 2-minute habit I do every day to feel happier
▼ + stars: | 2024-08-10 | by ( Neil Pasricha | ) www.cnbc.com time to read: +2 min

Today, I've written 10 books and journals about happiness, gratitude, habits and resilience. I have a two minute, science-backed, ruthlessly simple system that helps me get on track whenever I start to feel my anxiety spike. DON'T MISS: How to be more successful with your money This practice is called Rose, Rose, Thorn, Bud. I do it solo, or with friends and with my family, and it makes me feel happier, and more at peace, every single day. When you are coping with trauma, sharing negative emotions can help the healing process, research shows.

Persons: I've, Rose, Thorn, Bud, Robert Emmons, Michael McCullough, didn't

There, he told a story of a helicopter ride with former San Francisco Mayor Willie Brown that Mr. Brown denies. “It was Willie Brown,” Mr. Trump, who spent much of the last year hoping to make gains with Black voters, posted. Ms. Res, who also spoke to Politico, recalled that Mr. Trump liked to say that Mr. Holden had “turned white” from fear, but that it was actually Mr. Trump whose face was ashen. Mr. Brown told him he had never been in a helicopter with Mr. Trump. “He was not fan of hers very much, at that point,” Mr. Trump said.

Persons: Donald Trump, Willie Brown, Brown, Donald J, Trump, Witnesses ”, ” Mr, Willie doesn’t, Mr, Nate Holden, Donald, Ivana Trump, Holden, Taj, Trump’s, Robert, Barbara Res, “, wasn’t, ”, ‘, “ Donald, Res, “ ‘, ‘ Willie, “ Willie, anybody’s, Kamala Harris’s, Carlos Avila Gonzalez, Harris Organizations: Lago, San Francisco, Black, The New York Times, The Times, Ambassador, . Credit, Politico, Taj Mahal, Mr, Atlantic City, Trump, Trump . Credit, San Francisco Chronicle, Associated Press Locations: Black California, San Francisco, California, Black, Los Angeles, New Jersey, Holden’s, Manhattan, Atlantic City, N.J, Linden , N.J, Trump ., Alameda County, Oakland

☆ I have no confidence the unemployment rate will stay where it is, says Renaissance's Dutta
▼ + stars: | 2024-08-09 | 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 EmailI have no confidence the unemployment rate will stay where it is, says Renaissance's DuttaNeil Dutta, Renaissance Macro Research, joins 'Taking Stock' to talk what to expect from the Federal Reserve going forward.

Persons: Renaissance's Dutta Neil Dutta Organizations: Macro, Federal Reserve

But with major names headlining the 2024 event, tickets for the Ohana Festival are selling out fast. Here's what fans need to know to buy Ohana Festival tickets. Ohana Festival 2024 festival scheduleThe Ohana Festival is a three-day event held September 27 to 29 at Doheny State Beach. How to buy tickets for Ohana Festival 2024While original three-day and Sunday passes are sold out, the festival still has limited general admission single-day passes for Friday and Saturday. How much are Ohana Festival tickets?

Persons: Pearl, Sting, Pearl Jam, Neil Young, Garbage, Alanis Morissette, Devo, Marren Morris, Maren Morris, Ryan Beatty, Jaime Wyatt, Linka Moja, Jenny Lewis, Glen Hansard, Power, Joe Wong, Goldie Boutilier, Jam, Peter Cat, Kim Gordon, LA, Jesus, John Cruz Organizations: Business, Beach Boys, Sting, Doheny, Pearl, Crowded, Black Pumas, Breeders Locations: Doheny, Dana Point , California, Beach, Dogstar, Black, LA LOM, Santa

☆ Who Is Tim Walz, the Minnesota Governor Kamala Harris Picked to Be V.P.?
▼ + stars: | 2024-08-06 | by ( Neil Vigdor | ) www.nytimes.com time to read: +1 min

Here’s a closer look at Mr. Walz. He grew up in rural Nebraska and received a social science degree from Chadron State College in Nebraska. Mr. Walz also served 24 years in the Army National Guard and was a command sergeant major. Mr. Walz met his wife, Gwen, while the two were teachers. Mr. Walz had been teaching high school social studies when he decided to run for office.

Persons: Tim Walz, Walz, Donald J, Kamala Harris’s, Here’s, . Walz, Gwen Organizations: Trump, Chadron State College, Army National Guard, Republican Locations: Minnesota, Nebraska, Minnesota’s

☆ Cole Hocker stuns the world, outkicks Josh Kerr to win men’s 1500m title Olympic gold
▼ + stars: | 2024-08-06 | by ( Matthew Futterman | ) www.nytimes.com time to read: +9 min

He was courageous enough to try to do one of the hardest things in running, win a race from the front, wire-to-wire. 😱 A STUNNING upset in the men’s 1500m as AMERICAN COLE HOCKER takes gold! This was the race that all running nerds had circled on their Olympic schedules, but not because of Hocker. Oldest brother Henrik finished fifth in the 1,500 meters at the 2012 Olympics. He said he tried to respond, but ran out of gas – 1500 meters had proven “just 100 meters too much.”“I ruined it for myself by going way too hard,” he said.

Persons: Cole Hocker, outrunning Jakob Ingebrigtsen, Josh Kerr, Hocker —, Steve Prefontaine —, Kerr, Yared, outkicked Ingebrigtsen, Ingebrigtsen, Scot, allen, ould, O, “, egan, ake W, ruth, ake, ike Organizations: United States, University of Oregon, Olympic, ust Locations: Indianapolis, ictory

☆ Justice Clarence Thomas didn't disclose additional private jet travel, Democratic senator says
▼ + stars: | 2024-08-05 | by ( Zoë Richards | Zoë Richards Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The head of a Senate panel investigating Clarence Thomas said Monday that the Supreme Court justice had failed to disclose additional private jet travel. The letter, which also cited reports of Thomas’ travel to Greece, the Caribbean, Russia and the Baltics, is the latest in a string of allegations from Senate Democrats about undisclosed travel by Thomas. In a statement Monday, Crow's office accused Wyden of "abusing" his panel's power in what it called a political campaign against the Supreme Court. An attorney for Thomas and a spokesperson for the Supreme Court did not immediately respond to requests for comment Monday. The judiciary has updated its disclosure rules to make it clear that private jet travel has to be reported.

Persons: Clarence Thomas, Harlan Crow, Sen, Ron Wyden, Thomas, Wyden, Crow, Thomas ’, “, Wyden’s, Elliot S, Berke, Thomas “, Joe Biden, Neil Gorsuch, Biden Organizations: Finance, Supreme, Judicial Locations: Hawaii, New Zealand, Greece, Caribbean, Russia

The trip highlights the generational gap between Harris and President Joe Biden and former President Donald Trump, Democratic allies said. Noah Lyles wins gold in epic photo finishDimitar Dilkoff / AFP - Getty ImagesLyles earned his first gold medal in 9.79 seconds, which was a personal best. Lyles was still unconvinced he had won the gold medal after finishing and the scoreboard offered no indication of who had won gold, silver or bronze as officials processed a photo finish. Track and field holds four medal events and surfing will finally have its medal day. ▶️ Watch top highlightsDebby makes landfall in Florida as a Category 1 hurricaneHurricane Debby has made landfall in Florida’s Big Bend as a Category 1 hurricane.

Persons: Kamala Harris, Hurricane, Noah Lyles, Harris, John Bazemore, Harris ’, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, Joe Biden, Donald Trump, Biden, Trump, “, Nikki Haley, Dimitar Dilkoff, Lyles, Jamaica’s Kishane Thompson, Fred Kerley, Thompson, ” Lyles, Kerley, Peacock, Read, ste, Caro, Ron, Flor, rais e d fear, ron e, Rob e, Ari z, ena, go to a, ake is b, ✦, lea, ree Organizations: Kentucky, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Trump, Republicans, Getty, Olympic, ust, NBC, POLI Locations: Florida, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Philadelphia, AFP, bou, spee, sto

☆ Nikkei 225: Japan stocks rebound sharply after worst rout in history as other Asia markets also rally
▼ + stars: | 2024-08-05 | by ( Laura He | Juliana Liu | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Japanese shares soared in early trading on Tuesday, clawing back most of their record losses from the previous day and underpinning a regional rally. The Nikkei 225 last traded about 10% higher, while South Korea’s Kospi rebounded by about 3%. They all suffered major losses during the previous trading session. The bounce in Japan is “typical after a market crash,” Neil Newman, head of strategy at Astris Advisory in Tokyo, told CNN. Losses like that led the Nikkei to close 12.4% lower on Monday in its largest one-day fall since October 1987.

Persons: clawing, Kospi, ” Neil Newman Organizations: Hong Kong CNN, Nikkei, Advisory, CNN, Kikkoman, Nasdaq, Bank of Japan Locations: Hong Kong, South, Taiwan, Japan, Tokyo

☆ Why Starbucks is losing customers
▼ + stars: | 2024-08-05 | by ( Ryan Baker | ) www.cnbc.com time to read: +1 min

Last year, Starbucks controlled 26.5% of the U.S. coffee and snack shop market, according to research firm IBISWorld. And there is a lot more competition than there used to be," said Neil Saunders, managing director of GlobalData Retail. Starbucks cafes have long been a "third place" for customers to work and socialize outside of their home or office. The consumer is more 'choiceful,'" said Kevin McCarthy, a managing director at Neuberger Berman. Watch the video to learn more about how Starbucks is trying to address its recent challenges.

Persons: Neil Saunders, Kevin McCarthy, Neuberger Berman Organizations: Starbucks, GlobalData Retail Locations: U.S

Hong Kong/London CNN —Japanese shares soared Tuesday, clawing back some of their record losses from the previous day and underpinning a tentative recovery on global markets. Markets around the world plunged during Monday’s session when a combination of fears about a slowing US economy, rising Japanese interest rates and crumbling tech stocks combined to trigger a meltdown. The bounce in Japan is “typical after a market crash,” Neil Newman, head of strategy at Astris Advisory in Tokyo, told CNN. “It is too early to conclude that the Japanese stock market has hit a bottom,” they said, adding that any recovery would likely only occur after Japanese companies report first-half earnings in October, or even after the US presidential election in November. A stronger yenJapan’s stock market, in particular, was hard-hit by the rapid appreciation of the yen, which undermines the export competitiveness of the country’s manufacturers.

Persons: clawing, Kospi, ” Neil Newman, ”, “, Stephen Innes, ” Newman, Newman, Fumio Kishida Organizations: London CNN, Nikkei, Nasdaq, Advisory, CNN, UBS Chief Investment, Moody’s, Bank of Japan, Management, Tokyo “, Traders, Reuters Locations: Hong Kong, London, Asia, South, Taiwan, Europe, Japan, Tokyo, South Korea

The Serbian tennis legend had won all four Grand Slam titles and practically every honor there is in the sport, but the Olympic gold medal had escaped him. Paul Ellis / AFP via Getty ImagesSimone Biles' Olympic medal collection has officially reached double digits. , the American cyclist who didn’t even qualify for the Olympics but is now going home with a gold medal. Racing in a downpour, Julien Alfred won the first Olympic medal in any sport for Saint Lucia on Saturday when she took gold in the women's 100-meter final. the first Olympic medal in any sport for Saint Lucia on Saturday when she took gold in the women's 100-meter final.

Persons: Noah Lyles, Jamaica’s Kishane Thompson, ’ Fred Kerley, Hector Vivas, Lyles, Novak Djokovic, Matthew Stockman, Novak Djokovic couldn’t, Djokovic, Carlos Alcaraz, Simone Biles, Paul Ellis, ”, Biles, hasn’t, “, ” Biles, Suni Lee, Kaylia Nemour, Qiu Qiyuan, David Li, Imane, Hungarian Anna Luca Hámori, ” Khelif, Lin Yu, Thomas Bach, Kristen Faulkner, Bobby Finke, Katie Ledecky can’t, Julien Alfred, Saint Lucia, Sha'Carri Richardson, Kamala Harris, Whom Harris, we’ll, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, MAGA, Harris, Nikki Haley, Donald Trump, Trump, Vance, SCOTUS, Neil Gorsuch, Joe Biden's, Debby, Storm Debby, Darren Staples, Keir Starmer, Israel, Ismail Haniyeh, Fuad Shukr, “ They’ll, Michael G Organizations: Paris Olympics, U.S, Olympic, Getty, NBC News Algerian, Team USA, Saint, Paris, Taxi, Philadelphia . Kentucky Gov, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Republican, GOP, ABC, Fox News, Tropical, National Hurricane Center, NOAA, U.S . Justice Department, Protesters, NBC News, NBC News Companies Locations: Serbian, Paris, Tokyo, Los Angeles, China, Hungarian, Taipei, U.S, Philadelphia . Kentucky, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Florida, of Mexico, Rocky, Southern California, Mississippi’s, Nottingham, England, AFP, Southport —, Liverpool, Hull, Israel, Iran, Breakwater, Rockland , Maine, South Florida, Nashville , Tennessee, Atlanta

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