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Tracking Hurricane John Leer en españolJohn was a Category 3 hurricane over Mexico Monday evening Mexico Central Time, the National Hurricane Center said in its latest advisory. The hurricane had sustained wind speeds of 120 miles per hour. Storms that form in the Atlantic or the Pacific generally move west, meaning Atlantic storms pose a greater threat to North America. Occasionally, a storm can move farther north, as Hurricane Hilary did last year, bringing damaging winds and intense rain to Southern California. Hurricane season in the Eastern Pacific began on May 15, two weeks before the Atlantic season started.

Persons: Leer, español John, The New York Times John, Hilary, Niña Organizations: Mexico Monday, National Hurricane Center, The New York Times, NOAA, Southern California ., Eastern Pacific Locations: español, Mexico, Eastern, North America, Baja California, Southern California, Southern California . Hurricane

☆ It will take more than just a drop in interest rates to save the housing market
▼ + stars: | 2024-09-23 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

But while lower mortgage rates may translate to more buying power for homebuyers, America’s housing market woes aren’t likely to be solved solely by rate cuts. But Enterprise Community Partners, the nonprofit where Donovan currently serves as CEO, estimates that the US needs 7 million new units in order to stabilize the housing market. “There are a lot of factors that have affected the housing supply and these are complicated issues to solve. “We’re not expecting mortgage rates to fall that much further, and we still think that the mortgage rate ‘lock-in’ effect will still be there,” Dougherty said. “Things will probably pick up as rates come down, but we’re not looking for a high-octane rebound,” Dougherty said of the housing market.

Persons: they’d, aren’t, ’, ”, Shaun Donovan, Kamala Harris, Donald Trump, ” Donovan, Harris, Trump, Donovan, Jerome Powell’s, Freddie Mac, Charles Dougherty, That’s, “ We’re, ” Dougherty, ” Powell, that’s, Dougherty, “ It’s, ” Ryan McLennan Organizations: CNN, Housing, Urban Development, National Association of Realtors, Partners, Federal, Fed, National Association of Home Builders, homebuilders, Consumer Financial Locations: America, Wells Fargo, Houston, homebuying

☆ Asia-Pacific markets open lower after Federal Reserve rate cut optimism sent markets higher last week
▼ + stars: | 2024-09-23 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +1 min

A Chinese flag in Pudong's Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Asia-Pacific markets opened lower Monday as investors assessed monetary policy decisions from Japan and China on Friday after U.S. Federal Reserve's sharp rate cut sent markets higher last week. Despite growing calls for lower interest rates, the People's Bank of China unexpectedly left its key benchmark rate on hold on Friday. The Reserve Bank of Australia starts its two-day policy meeting on Monday, where central bankers will decide on the country's monetary policy path on Tuesday. Overall year-on-year CPI is expected to have cooled to 2.15%, compared to 2.40% the previous month

Organizations: National Bureau of Statistics, People's Bank of China, Reserve Bank of Australia Locations: Lujiazui, Shanghai, China, Asia, Pacific, Japan, Federal, Singapore

☆ Oil edges up following U.S. rate cut move, geopolitical concerns
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: +2 min

Oil prices gained slightly during early trade on Monday, boosted by concerns conflict in the Middle East may impact supply in the key producing region and expectations the U.S. interest rate cut last week will support demand. Both contracts rose in the previous session on support from the U.S. interest rate cut and a dip in U.S. supply in the aftermath of Hurricane Francine. Last Wednesday, the U.S. Federal Reserve cut interest rates by half a percentage point, a larger decrease in borrowing costs than many expected. Interest rate cuts typically boost economic activity and energy demand, but analysts and market participants are concerned the central bank may see a slowing job market. "Sentiment was buoyed by the Fed's rate cut amid hopes it can engineer a soft landing for the economy," said ANZ.

Persons: Hurricane Organizations: Brent, U.S . Federal Reserve, ANZ Locations: Houston , Texas, Israel, Iranian, Iran, Lebanon

☆ Four worries that should keep market bulls awake at night
▼ + stars: | 2024-09-23 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Investors are still expressing signs of concern despite the stock market hitting all-time highs, according to Deutsche Bank. The S & P and the Dow weren't alone in their milestones. Gold prices also notched a new all-time high following the supersized Fed cut, crossing the $2,600 per ounce level on Friday. Allen also highlighted that traditional valuation metrics are "elevated" considering the "relentless" nature of the market in 2024. Year to date, the S & P has gained nearly 20%, and has risen in 24 of this year's 38 weeks, according to FactSet.

Persons: Dow, Henry Allen, Allen Organizations: Deutsche Bank, Federal Reserve, Dow Jones, Nasdaq, ECB Locations: Ukraine

☆ China's central bank injects cash, lowers 14-day reverse repo rate
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: +1 min

China's central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signaling its intent to further ease monetary conditions. China's central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signaling its intent to further ease monetary conditions. The PBOC added 160.1 billion yuan via 7-day reverse repos at 1.70%, it said in a statement. It also injected 74.5 billion yuan via 14-day reverse repos at 1.85%, compared with 1.95% during the previous injection. Monday's injection comes ahead of China's National Day holidays starting Oct. 1, and the cut in rates aligns the 14-day repo rate with the shorter 7-day repo rate which was cut in July.

Organizations: People's Bank of China Locations: China

☆ Treasury yields nudge higher as investors assess growth outlook
▼ + stars: | 2024-09-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Yields and prices move in opposite directions. One basis point is equivalent to 0.01%. The 10-year Treasury yield was up just over a basis point at 3.745% at 3:41 a.m. U.S. Treasury yields were slightly higher early Monday as investors assessed the growth outlook following the Federal Reserve's jumbo rate cut last week. The 10-year Treasury yield ended last week almost 8 basis points higher after the Fed lowered rates by half a percentage point on Wednesday.

Persons: Jerome Powell, Raphael Bostic, Neel Kashkari, Austan Goolsbee, Adriana Kugler Organizations: U.S, Treasury, Federal Locations: U.S

☆ Stock market today: Indexes extend gains as investors gear up for fresh economic data
▼ + stars: | 2024-09-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Investors await key economic data this week, including consumer confidence, revised GDP growth, and the PCE Index. Minneapolis Fed President Neel Kashkari defended the recent rate cut and sees more cuts ahead. AdvertisementUS stocks rose on Monday, with the S&P 500 and Dow Jones Industrial Average testing record highs as investors prepare for fresh economic data this week. Investors will get consumer confidence data on Tuesday, another revision to second-quarter GDP growth on Thursday, and fresh inflation data on Friday with the release of the personal consumption expenditures index. The chatter comes just a few days after the Fed cut interest rates by 50 basis points at the end of its policy meeting last Wednesday.

Persons: Dow Jones, Neel Kashkari, —, Kashkari Organizations: Dow, Minneapolis, Service, Dow Jones, Federal, Governors, CNBC, Fed, Here's

☆ Marxist lawmaker leads the vote count in Sri Lanka's presidential election
▼ + stars: | 2024-09-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

This is Sri Lanka’s first election since the Indian Ocean nation’s economy buckled in 2022 under a severe foreign exchange shortage, leaving it unable to pay for imports of essentials including fuel, medicine and cooking gas. Marxist-leaning Anura Kumara Dissanayake leaves a polling station after casting his vote in Sri Lanka's capital Colombo on Saturday. Grinding poverty for millionsButtressed by the IMF deal, Sri Lanka’s economy has posted a tentative recovery. The younger Premadasa polled 42% of the votes in 2019 to finish second, behind Rajapaksa, in the last presidential election. Support from farming communities in north and central Sri Lanka helped him close the gap on Dissanayake as counting progressed.

Persons: Kumara Dissanayake, Sajith Premadasa, Sri Lanka’s, Ranil Wickremesinghe, Dissanayake, Premadasa, Lanka’s, Gotabaya Rajapaksa, ”, Pradeep Peiris, ” Dissanayake, Eranga, Ranasinghe Premadasa, Rajapaksa Organizations: Sri, Sunday, University of Colombo, Monetary Fund, Marxist, IMF, National People’s Power, JVP Locations: “, Sri Lanka's, Colombo, Sri, Sri Lankans, Premadasa’s, Sri Lanka

☆ I thought I was going to an influencer event in Central Park. It was actually my own surprise engagement.
▼ + stars: | 2024-09-22 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +5 min

In August 2022, I thought I was attending a garden party to celebrate the launch of a new line of Sunglass Hut glasses. It turned out to be my dream Central Park engagement. Leo and I met in March 2019 during an influencer trip to Disney World. Although we discussed getting engaged before, I believe an engagement should be a surprise, and ours was the most incredible surprise. I ended up giving her a dress that she wore while getting engaged.

Persons: Rachel Martino, Leo, Prince Eric, Facetimes, Noelle Organizations: Service, Disney, Coachella, Park Locations: Orlando, LA, New York, Mexican, Central Park, Paris, Greenpoint , Brooklyn

☆ 6 things from my San Francisco trip reveal which stocks are AI winners
▼ + stars: | 2024-09-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

Almost everyone else seems to want to deploy AI in some meaningful way but don't seem to know how. It's available on HP 's AI personal computers right now but hasn't really attracted a lot of interest yet — good for Club company Best Buy 's forward earnings. For some companies, companies like CVS , this is a no brainer. One that can build things or get things or just give you a cup of your coffee. I don't know what will happen to people who are doing this now.

Persons: Jensen Huang, Marc Benioff, Copilot, hasn't, Uber, San Francisco —, Amazon's, Benioff, Benioff's, Agentforce, Tesla, Elon, Donald Trump, Pat Gelsinger, gunning, Lisa Su, Jensen, Su, wasn't, Nvidia's Blackwell, Blackwell, Mike Sievert, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Club, Nvidia, Oracle, HP, Devices, AMD, Saks Fifth, CVS, Siemens, Starbucks, Intel, Qualcomm, Arm Holdings, Enterprise, Constellation Energy, GE Vernova, Apple, Mobile, Jim Cramer's Charitable, CNBC Locations: San Francisco, Atlanta, Austin , Texas, Dreamforce, bailiwick, Eaton, Dover, California

☆ ’90s sitcom character Murphy Brown became the center of political controversy. Echoes of that are being felt today
▼ + stars: | 2024-09-22 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +11 min

Quayle’s “Murphy Brown” pronouncement made newspaper front pages and television broadcasts, and garnered a stumbling response from the White House. ‘Murphy Brown’ reflected women’s changing role in society“Murphy Brown” premiered on CBS in 1988, starring Candice Bergen as a fierce, acerbic news anchor of the same name. “I don’t think that we felt that we were igniting any controversy.”The controversy sparked a debate over ‘family values’Despite the “Murphy Brown” writers’ intentions, the storyline did ignite controversy. On May 19, 1992, a day after the “Birth 101” episode aired, Quayle delivered what’s now known as his “Murphy Brown” speech. Kevin Winter/Getty ImagesMore than 30 years later, it’s clear that the societal changes depicted in “Murphy Brown” are here to stay.

Persons: JD Vance’s, Sarah Huckabee Sanders, “, ” Sanders, Donald Trump, Kamala Harris doesn’t, Vance’s, Sanders, Harris, Harris ’, Trump, ”, It’s, George H.W, Bush, “ Murphy Brown ”, Dan Quayle, Murphy Brown, Quayle’s “ Murphy Brown, Quayle’s, ‘ Murphy Brown, Candice Bergen, Murphy, Diane English, Emily St, James, Vox, Quayle, Murphy’s, Barnet Kellman, Korby Siamis, ” Siamis, what’s, “ Murphy Brown, it’s, Weeks, Rodney King, Dan Quayle's, Kevin Rice, Lisa Schiffren, ” Kellman, Quayle’s Murphy Brown, he’d, English, Bill Clinton, Al Gore, JD Vance's, Quayle's, Kevin Winter, Bergen, Kellman Organizations: CNN, Arkansas Gov, White, CBS, Everett, South Central, Hollywood, Republicans, Republican, Globe, “ Locations: Flint , Michigan, Washington ,, Angeles, South, South Central Los Angeles, Vox

☆ What the top 2024 election issues are for these young voters
▼ + stars: | 2024-09-22 | by ( Elise Hammond | Shania Shelton | ) edition.cnn.com time to read: +19 min

Along with the economy, young voters also name abortion, immigration, foreign policy, climate and gun control as other priorities. A recent GenForward survey conducted by the University of Chicago supports what dozens of young voters told CNN. Foreign policyAmerica’s position on the world stage is also top of mind for young voters. The Israel-Hamas war has proved to be a key sticking point for progressive and young voters, as well as Arab American and Muslim communities. Regardless of what issues are galvanizing young voters to head to the polls, many say they think their turnout in November will surprise some people.

Persons: N’Dea Gordon, ” Gordon, Gordon, who’ve, ”, Donald Trump, Kamala Harris –, they’ve, Logan Paul, Adin Ross, Harris, Vivek Rallabandi, Joe Biden, “ I’m, I’m, ” Rallabandi, Trump, Rallabandi, he’s, “, hasn’t, she’s, Vivek, Darius Diggs, Biden, Diggs, –, Darius Dupri Diggs, Darius Dupri Diggs Chaim Birzen, Birzen, “ That’s, Tyler Sands, Beyton Owens, Finn Gaensler, Finn, “ It’s, ” Gaensler, Roe, Wade, Ava Pallotta, Pallotta, Gen, Erin Clark, Kalkowski, Katelyn, Sebastien Ostertag, Sebastien Ostertag That’s, Ostertag, we’re, Jacob Telenko, ” Telenko, Jean Kojali, ” Kojali, Harris doesn’t, Harris ’, Noe Nunez, Nunez, ” Nunez, “ it’s, Jed Lyons, Joseph Yang, Yang, Joseph Yang “, “ We’re, CNN’s Kate Sullivan, Dana Elobaid Organizations: CNN, Western Governors University, University of Chicago, Trump, Federal Reserve, White, Republican, Marquette Law School, Senate, Trump’s, Harvard University, Boston Globe, Young, America, Democratic, US, Republican Party, Immigration, state’s Young Republican, United States Postal Service Locations: Columbus , Ohio, Pennsylvania, Rockland County , New York, America, Montana, California, Idaho, Santa Cruz , California, “, Port Chester , New York, Chapel Hill , North Carolina, Dearborn , Michigan, Israel, Gaza, Ukraine, Henderson , Nevada, United States, Cobb County , Georgia, Mexico, Zebulon , North Carolina, Mexican American, Gilbert , Arizona, Phoenix, Korean, Chandler , Arizona

☆ Tia Mowry says she and sister Tamera aren’t close anymore. Here are 9 other famous duos who prove relationships are hard
▼ + stars: | 2024-09-22 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +6 min

“But that’s just not where we are right now.”The sisters aren’t alone in their status as dynamic duos turned dynamic uno. Hall & OatesDaryl Hall and John Oates of the band Hall and Oates performing in Minnesota in 2017. In May, Hall – who originally filed the lawsuit against Oates in 2023 – told Variety in an interview that that Hall & Oates were officially over. Zeppelin originally included Page, Plant, drummer John Bonham and bassist/keyboardist John Paul Jones. The band broke up in 1980 after Bonham’s death and Page and Plant went on to each have successful solo careers.

Persons: Tia Mowry, Tamera Mowry, Housley, ”, Mowry, Cory Hardict, “, that’s, Keegan, Michael Key, Jordan Peele Keegan, Jordan Peele, Peele, Key, ” Paris Hilton, Nicole Richie, Paris Hilton, Frazer Harrison, besties, Richie, they’re, Peacock, Liam, Noel Gallagher Liam, Noel Gallagher, they’ve, Stripes Jack, Meg White, Adam Savage, Jamie Hyneman, Alberto E, Rodriguez, Savage, Jon Lung, Brian Louden, ” Savage, Oates Daryl Hall, John Oates, Oates, Adam Bettcher, Daryl Hall, Hall –, –, Mero Desus, Kid Mero, Showtime’s, Mero, Carmelo Anthony, Nice, Robert Plant, Jimmy Page Robert Plant, Jimmy Page, John Bonham, John Paul Jones, Plant, “ He’s, ” Page, Simon, Garfunkel, Paul Simon, Kevin Winter, Art Garfunkel Organizations: CNN, Comedy, Paris, Getty, Hilton, Gallaghers, Oasis, Stripes, Oates, NBA, Zeppelin, New York Times Locations: Hollywood, “, Pasadena, Minnesota, Brooklyn, British, Culver City, Queens

☆ Hezbollah fires rockets deep into northern Israel as tensions flare. Here’s what we know
▼ + stars: | 2024-09-22 | by ( Sophie Tanno | ) edition.cnn.com time to read: +7 min

On Saturday Israel pounded Hezbollah targets with nearly 300 strikes it what they described as preemptive action to thwart a planned attack. Hezbollah meanwhile has been launching a barrage of rockets and other projectiles at Israel in what it says is retaliation for Israeli attacks in Lebanon. Israel meanwhile fired nearly 300 projectiles into southern Lebanon on Saturday in what the military said was pre-emptive action against a planned Hezbollah attack. Israel continued its strikes into Sunday, with Lebanon’s official National News Agency (NNA) reporting two people were killed Sunday morning in southern Lebanon. Speaking on Sunday, Netanyahu again put the focus on ensuring the return of Israel citizens to their homes in northern Israel and to restore security in that region.

Persons: pagers, Firass Abiad, Ibrahim Aqil, Tsur Shalom, Israel, Bilal Hussein, Israel Herzog, Israel “, Naim Qassim –, Hassan Nasrallah –, Benjamin Netanyahu, Netanyahu, ” Organizations: CNN, Israel, Hezbollah –, Hezbollah, National News Agency, Sky News, Hamas Locations: Israel, Gaza, Lebanese, Lebanon, Hezbollah, Iran, Beirut, Wednesday, Kiryat, Moreshet, Haifa, Will, United States, Beirut's, Yemen, Syria, Iraq, Israeli

☆ California wildfire forecast: Season primed for action in the months to come
▼ + stars: | 2024-09-22 | by ( Mary Gilbert | ) edition.cnn.com time to read: +6 min

It’s been a typical fire season in California so far based on overall statistics. Josh Edelson/AFP/Getty ImagesTo have a fire like the Bridge Fire grow so rapidly without Santa Ana winds is “fairly significant and unusual,” Chavez remarked. In early June, abnormally dry conditions only existed in about 1% of California, according to the US Drought Monitor. Where peak fire danger could still be to comeFall marks a critical inflection point for fire season in California given typical weather conditions. Chavez is “always” concerned about what Santa Ana winds could unleash on the fire season in Southern California.

Persons: It’s, Tim Chavez, Chavez, Josh Edelson, ” Chavez, it’s what’s, Daniel Swain, Swain, ” Swain, Joshua Tree, “, David Swanson, ” Organizations: CNN, CAL FIRE, Getty, Santa Ana, University of California, US Drought Monitor, National Interagency Fire Center Locations: California, Northern California, San Diego, Santa Ana, Tehama County , California, AFP, Santa, Los Angeles, Southern California, Southern, Running Springs , California

☆ Dow futures are little changed after clinching record high following Fed rate cut: Live updates
▼ + stars: | 2024-09-22 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Dow Jones Industrial Average futures are near flat Sunday night after excitement over last week's interest rate cut propelled the blue-chip index to a record closing level. S&P 500 futures and Nasdaq 100 futures are also both little changed. All three of the major indexes added more than 1% for the week, during which the S&P 500 also reached new records. "But the signal is important nonetheless, and markets responded the following day taking the S&P 500 Index to a new all-time high." They'll also be following speeches from Atlanta Fed President Raphael Bostic, Chicago Fed President Austan Goolsbee and Minneapolis Fed President Neel Kashkari for insights into what the central bank will do next.

Persons: Dow, Ronald Temple, Raphael Bostic, Austan Goolsbee, Neel Kashkari Organizations: Dow Jones Industrial, Nasdaq, Federal, Atlanta Fed, Chicago Fed, Minneapolis Fed

☆ Election experts raise alarms about vote counting delays in battleground states
▼ + stars: | 2024-09-22 | by ( Fredreka Schouten | Sara Murray | ) edition.cnn.com time to read: +14 min

Election observers worry that delays in counting mail ballots could give the public a false sense of who’s winning the election. In Wisconsin and Pennsylvania, election officials are still barred from beginning to process mail ballots before 7 a.m. on Election Day – even though election workers in both states have clamored for change. Georgia's State Election Board members discuss proposals for election rule changes at the State Capitol in Atlanta on September 20, 2024. The new law could delay by an hour or more – depending on the county – the posting of unofficial early results, state election officials have said. In Maricopa County, the general election ballot covers both sides of two pages – twice the length of the ballot voters encountered four years ago.

Persons: CNN —, Seth Bluestein, Ann Jacobs, “, Al Schmidt, Donald Trump, Chris McGrath, Joe Biden, Donald Trump baselessly, Rudy Giuliani, Biden, Trump, ” Jacobs, parroting, Daniel Acker, ” Schmidt, ”, Jacobs, David Becker, Sen, Jeremy Moss, Moss, Mike Stewart, Harris, “ It’s, Karen Brinson Bell, I’ll, won’t, Robyn Beck, Stephen Richer, ” Richer, Katie Hobbs, Jennifer Liewer, Liewer, “ We’ve, ” CNN’s Ethan Cohen, Marshall Cohen, Jason Morris Organizations: CNN, Republican, Democratic, Keystone State, ” Police, Philadelphia Convention Center, White, Democratic Milwaukee, Biden, Wisconsin State Assembly, Trump, Reuters, ”, Workers, US, Department, Election Innovation, Research, National Conference of State Legislatures, Democratic Detroit, Capitol, Michigan Senate, State Capitol, North Carolina State Board, Getty, Republicans, Gov, Democrat Locations: Pennsylvania, Philadelphia, “, Wisconsin, Georgia, Keystone, Democratic, Kenosha , Wisconsin, Michigan, Detroit, Atlanta, North Carolina, Phoenix, AFP, Arizona, Maricopa County, Maricopa

Hezbollah was reeling Saturday from an Israeli airstrike that killed two of its senior figures and dozens of other people, intensifying fears of all-out war in the Middle East. At least 31 people were killed in total, including three children, and 68 injured, Lebanese health minister Firass Abiad told a news conference Saturday. The strike followed the coordinated detonation of pagers and walkie-talkies belonging to Hezbollah members across Lebanon earlier in the week. Israel has not publicly claimed responsibility for that attack, but Hezbollah and officials across the world have said Israel was behind the explosions. And a senior officer in Iran's Islamic Revolutionary Guard Corps (IRGC), said the region was on the brink of war.

Persons: Ibrahim Akil, Ahmed Wahbi, Firass Abiad, Israel, Ayatollah Ali Khamenei, Mohsen Rezaee Organizations: Radwan Force, Getty, Islamic Revolutionary Guard Corps Locations: East, Lebanese, Beirut, Beirut's, AFP, Iran, Israel, Lebanon, Tehran, Islamic Republic, Iraq, Syria, Tasnim

☆ My family is spending $3,000 on Halloween Horror Nights this year. As Florida locals, we know it's the best theme-park event of the year.
▼ + stars: | 2024-09-21 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

My family attends Universal Orlando's Halloween Horror Nights several times a year. No matter how much it costs, I think HHN is the best Halloween event in Central Florida. 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 . But there's one event that stands above the rest: Halloween Horror Nights, or HHN, at Universal Studios Florida.

Persons: we're, — Organizations: Universal, Service, Disney, Universal Studios, Business Locations: Central Florida, SeaWorld, Universal Studios Florida

☆ It started with an informal pick-up game. Now, this organized soccer club is a lifeline for many asylum-seekers
▼ + stars: | 2024-09-21 | by ( Zoe Sottile | ) edition.cnn.com time to read: +13 min

But the Newcomers Football Club, an impromptu team made up of asylum-seekers, has helped provide him with a joy that erases his stress. And they were looking for a place to play soccer – an almost universal cornerstone of their daily routines back home. Leonard had never worked with refugees or asylum-seekers before, and he had never played soccer. In the months since, the ad-hoc project has ballooned from an informal pick-up game to an organized club that competes with other New York teams, joining forces with another similar project started by co-organizer Avram Kline. The mixed practices help Newcomers FC members meet new people and practice their English, Leonard says.

Persons: Lukaku, he’s, ”, ” Boubacar, Julian Rigg, Mars Leonard, Leonard, Avram Kline, ” Leonard, “, CNN Lukaku, Eric Adams ’, Bushwick Ayuda, Ibrahima Lô, Andreas, Eric Adams, ” Andreas, CNN Andreas, meanwhile, Andreas said, Helen, Adams, CNN’s, I Organizations: New York CNN, Football, CNN, Stockton House, New, Newcomers FC, United Nations, Amnesty International, Leonard ., FC, Guinean, Senegalese, Mauritanian, Central America, Soccer, Bushwick, ”, Autonomous Football League, Cop Locations: Brooklyn, New York, United States, Guinea, Guinnea, Bissau, Sierra Leone, Bushwick, Stockton, West, Mauritania, Senegal, Morocco, West Africa, Latin America, Williamsburg, Lukaku, Africa, Conakry, Guinea’s, Mali, Burkina Faso, Arizona, Mexico, New, New York City, Jefferson, “, American, South, York, Bushwick Ayuda Mutua, Queens

☆ These stocks should benefit the most as the Fed keeps lowering rates, analysts say
▼ + stars: | 2024-09-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

These companies are expected to benefit from lower interest rates over the long haul, according to analysts. They include Western Alliance , Best Buy, Coca-Cola, Zillow , UPS and FedEx. The analyst said he sees Best Buy as a key beneficiary of lower interest rates in several ways. He noted that Best Buy continues to be a worthy competitor to e-commerce juggernaut Amazon, pointing to a recent pricing study the firm conducted. Meanwhile, Best Buy shares remain undervalued compared to those of its peers in the sector, Chukumba added.

Persons: Zillow, Jay McCanless, McCanless, Wells, Chris Carey, Carey, Coke bottlers, Morgan Stanley, Anthony Chukumba, Chukumba, FedEx — Goldman Sachs, — D.A, Davidson Organizations: Federal, CNBC, Western Alliance, UPS, FedEx, Software, —

☆ Some smaller stocks could see big gains as the Fed cuts rates. Here are a few
▼ + stars: | 2024-09-21 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Stocks with smaller market capitalizations are set to reap the benefits from the start of the Federal Reserve's latest rate-cutting campaign. Sarepta's total debt is more than one-and-a-half times bigger than its total equity. Civitas' total debt recently stood at about 79% of total equity. Chart's total debt currently eclipses its total equity by 1.4 times. "GTLS's core portfolio is comprised of natural gas, energy transition and renewables applications, where our outlook remains constructive," wrote analyst Devin McDermott.

Persons: Russell, Gavin Clark, Gartner, Clark, Zach Parham, Parham, Morgan Stanley, Devin McDermott Organizations: Dow Jones Industrial, Nasdaq, CNBC, Sarepta Therapeutics, ISI, Civitas Resources, Wednesday, JPMorgan, Civitas, Industries Locations: U.S, Cambridge, Sarepta, Friday's

☆ Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy.
▼ + stars: | 2024-09-21 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Khurana thinks what has made boomers the wealthiest generation — stocks and housing — also makes them a risk to economic stability. AdvertisementSuch a scenario is an '"underappreciated risk," he said, given how much boomers' spending habits have fueled economic growth in recent years. The demographic spends around $548 billion a year, more than any other generation, according to a report from marketing research firm Epsilon. AdvertisementBroken down by each generation's holdings of property and stocks, boomers accounted for 42% of all real estate ownership and 54% of all corporate equity and mutual fund ownership. That's not to say boomers will cause the next recession, but the risk during a recession is dialed up under the current paradigm, Khurana said.

Persons: —, America's, Brij, Khurana, boomers, they've, John Hussman, That's Organizations: Service, Wellington Management, Business, McKinsey & Company, New York Fed, Epsilon, New, Boomers, Federal Reserve, Governors Boomers, Governors Locations: New, New York, Florida and Texas

As governor, Mr. Evans increased aid for higher education and was instrumental in the creation of a state community college system. In 1970, Washington became the first state to create a Department of Ecology. When urban riots convulsed the nation, he went into Seattle’s poor neighborhoods and set up centers to deliver state services. Using executive powers, he established the Washington State Indian Affairs Commission in 1967 and the State Women’s Council in 1971. In 1969, he named the first Black members to the boards of the University of Washington and Seattle Community College.

Persons: ”, “, George H.W, George H.W . Bush, ‘, Gerald R, Ford, Evans, Nixon, Rockefeller, Bob Dole, Jimmy Carter, Thomas S, Foley, Evans “ Organizations: Ecology, Washington State Indian Affairs Commission, State Women’s Council, University of Washington, Seattle Community College, Democratic Locations: George H.W ., Bob Dole of Kansas, Washington

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