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☆ Opinion | My Travel Tips for Seeing the World’s Best Places
▼ + stars: | 2024-08-10 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +2 min

’Tis the season for vacations, so let me make my pitch that the best travel is not lounging at a beach resort but rather journeying into a different world. So I preach both travel and prudence, and on a recent book tour, I found myself often asked about travel advice I had mentioned in my memoir. The most memorable travel often involves encountering something unfamiliar, so consider escaping the herds parading through Paris. A teenager from an affluent family in the New York or Boston areas would step into a different world by taking a ranch job in Wyoming. And this is the kind of travel that is not only affordable but actually pays for the experience.

Persons: Mark Twain, Spencer Cohen, I’ll Organizations: The Times Locations: Japan, Asia, U.S, Paris, Indonesia, Ghana, India, Nepal, Vietnam, Morocco, Bolivia, Europe, America, Indonesia’s Borneo, United States, New York, Boston, Wyoming

☆ Markets are counting on the Fed to head off recession with sizeable interest rate cuts
▼ + stars: | 2024-08-06 | by ( Jeff Cox | Jeff Cox Is A Finance Editor With Cnbc.Com Where He Covers All Aspects Of The Markets | Monitors Coverage Of The Financial Markets | ) www.nbcnews.com time to read: +5 min

Disappointing economic data recently generated worries that the Fed missed an opportunity at its meeting last week to, if not cut rates outright, send a clearer signal that easing is on the way. In the past, the Fed has implemented just nine such cuts, and all have come amid extreme duress, according to Bank of America. Lacking a catalyst for an intermeeting cut, the Fed is nonetheless expected to cut rates almost as swiftly as it hiked from March 2022-July 2023. Why wait?”LaVorgna, though, isn’t convinced the Fed is in a life-or-death battle against recession. Still, any quakes in the data, such as Friday’s downside surprise to the nonfarm payrolls numbers, could ignite recession talk quickly.

Persons: Jerome Powell, ” Steven Blitz, ”, Andrew Hollenhorst, ‘, ’ ”, Michael Gapen, Powell, Joseph LaVorgna, “, “ They’ll, isn’t, Goldman Sachs, David Rosenberg Organizations: Federal Reserve, TS Lombard, Fed, Citigroup, Bank of America, Nikko Securities, Rosenberg Research Locations: Jackson Hole , Wyoming, Nikko

Understanding Insurance Rate Increases After an AccidentWhy Rates IncreaseCar insurance rates may increase after an "at fault" accident because your risk profile goes up, meaning you're more likely to file a claim. Average Car Insurance Increase After an AccidentNational AverageInsurance.com reports that insurance rates can increase up to 53% or $920 per year on average after one at fault accident. Add Car Insurance Accident ForgivenessSome insurance companies offer accident forgiveness, usually as an add-on to your policy for an extra premium. Car Insurance Rate Increase FAQWill my insurance go up after an accident that wasn't my fault? She’s reviewed life insurance and pet insurance companies and has written numerous explainers on travel insurance, credit, debt, and home insurance.

Persons: Felipe Teixeira, you've, they'll, Alani Asis Alani Asis, Forbes, She’s, Read Organizations: Accident, Auto, Insurance, Alaska, Alabama, Arizona, Colorado, Washington D.C, Iowa, Indiana, Maryland, Michigan, Nebraska, Tennessee, Texas, Washington, Lower, Business, AARP, CNN, Fortune, U.S . News, Finance, University of Hawaii Locations: Arkansas, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Kansas, Kentucky, Louisiana, Maine, Minnesota, Missouri, Mississippi, Montana, Carolina, Dakota, Hampshire, Jersey, Mexico, Nevada, York, Ohio, Oregon, Utah, Virginia, Vermont, Wisconsin, Wyoming, U.S, Manoa

☆ New heat wave to hit West, Plains and South, adding to an already blistering summer
▼ + stars: | 2024-08-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Summer 2024 could be remembered not just for its historic temperatures, but for its successive heat waves with unusual geographic reach. More than 36 million Americans were under advisories, watches or warnings for dangerous and excessive heat Saturday night, according to National Weather Service data. The Gulf Coast and the South were also in for triple-digit highs for much of the week, the weather service said. "The prolonged nature of the heat will increase the risk of heat-related illness," it said in warning that much of the West would experience dangerous heat next week. "The combination of high temperatures increasing into the lower 100s along with high humidity will result in major to extreme" risk for heat-related illness, the weather service said.

Organizations: Federal, National Weather Service, Northern Rockies Locations: Pacific Northwest, Montana , North Dakota , Wyoming, South Dakota , Nebraska , Colorado , Kansas, New Mexico , Oklahoma, Texas, Gulf, Louisiana, Mississippi, West, Great Basin, Southeastern California, Northern Plains, Northern, Rocky, Southern California, Las Vegas , Nevada, Imperial, Arizona, El Centro, United States

CNN —With two presidential candidates fighting over a mere 538 Electoral College votes, a tie scenario is more than possible. Those individual, competitive electoral votes in Maine and Nebraska become hugely consequential in potential tie scenarios. If there’s a 269-269 tie, or if a third party or independent candidate wins electoral votes and keeps a candidate from reaching an Electoral College majority of 270, the next step is the same. Has a contingent election happened in the years since the tied election of 1800? In 1876, when there was a contested outcome, the contingent election system was bypassed.

Persons: Thomas Jefferson, Aaron Burr, ”, Kamala Harris, Joe Biden, there’s, It’s, it’s, Mike Johnson, –, Harris, Federalist John Adams, Jefferson, Burr, Alexander Hamilton, Andrew Jackson, John Quincy Adams, Jackson, Robert M, Johnson, Martin Van Buren, South Carolina –, Republican Rutherford B, Hayes, Samuel Tilden Organizations: CNN, Electoral, Democratic, Republicans, Win, Electoral College, Congressional Research Service, CRS, Senate, Democrat, Democrats, Republican, Trump, Federalists, Jefferson’s Democratic, Federalist Locations: Wisconsin , Michigan, Arizona, Nevada, Nebraska, Pennsylvania, Georgia, Maine, California, Texas, Delaware, Wyoming, Washington, DC, Minnesota, North Carolina, – Florida, Louisiana, South Carolina, Oregon

☆ Park Fire more than 400,000 acres, 4th-largest in Calif. history
▼ + stars: | 2024-08-03 | by ( Raja Razek | Jay Croft | ) edition.cnn.com time to read: +1 min

CNN —The fourth-largest wildfire in California’s history has grown to 400,956 acres, destroying 564 structures and damaging 50 as of Saturday morning, according to an update from Cal Fire. “The Park Fire has been extremely active over the last 24 hours,” Cal Fire said. However, firefighters are still actively engaging in fire suppression to an area spanning 175-miles,” the update read. As of Friday, 94 large wildfires raged across multiple states, and 28 had evacuation orders, according to the National Interagency Fire Center. Fires are also burning in Oregon, Idaho, Washington, Utah, Montana, Arizona, New Mexico, Wyoming and Nevada.

Persons: “ Crews Organizations: CNN, Cal Fire, National Interagency Fire Center Locations: Butte, Plumas, Shasta, Tehama, Area, Northern San Joaquin, Oregon , Idaho, Washington , Utah , Montana , Arizona, New Mexico , Wyoming, Nevada

☆ In a tricky box office summer, how can indie cinemas survive?
▼ + stars: | 2024-08-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +11 min

Minneapolis CNN —For 90-plus years, the Parkway Theater has been a fixture in South Minneapolis, gathering generation after generation of patrons in front of its lone movie screen. The Parkway Theater of today is one part revival house cinema, one part performing arts venue, and another part community event space. Parkway Theater owners Ward Johnson (left) and Eddie Landenberger in the theater lobby in Minneapolis on July 8. Moviegoers at a drive-in movie theater in the parking lot of the Rose Bowl in Pasadena, California, on September 3, 2020. Still, cinema operators have to be cautious in their approach, said Kate Markham, administrative coordinator with Art House Convergence, a coalition of independent, community-oriented cinemas.

Persons: David Hancock, Omdia’s, “, ” Hancock, “ Young Frankenstein ”, moviegoing, ”, Ward Johnson, Eddie Landenberger, Christian Meoli, —, Ricard Gil, Michael Tullberg, ” Gil, “ Barbie, Ward, Alicia Wallace, ” Johnson, ” Andrew Sherburne, “ We’re, Meoli, there’s, showmen, Bing Guan, ’, Bill Campbell, showmen ”, Rich Daughtridge, they’ll, ” Campbell, Kate Markham Organizations: Minneapolis CNN —, Parkway, CNN, Omdia, Theater, Cinelounge, Wim, Queen’s University, Disney, El Capitan Theatre, Hollywood, Global Entertainment, Media, Blockbuster, Rose Bowl, Bloomberg, Independent Cinema Alliance, Orpheum, ICA, Art, cineplex Locations: Minneapolis, South Minneapolis, London, California, Canada, Los Angeles , California, —, Iowa City , Iowa, That’s, Tiburon , California, Pasadena , California, Covid, Sheridan , Wyoming, Maryland

☆ How an Elon Musk-backed PAC is gathering data to boost Trump
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.nbcnews.com time to read: +8 min

How do I start?”The ad then displays a website for a group called America PAC. “I have created a PAC, or a super PAC ... the America PAC,” Musk said in a recent interview. But what is unique about America PAC’s project is who is backing it and the timing of its creation. The America PAC raised over $8 million between April 1 and June 30, according to FEC records. He recently said on X that he is “making some donations to America PAC,” but did not say how much.

Persons: “, Donald Trump, Trump, they’ll, Elon Musk, Kamala Harris, ” Musk, Musk, ”, Brendan Fischer, Fischer, ” Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale, Harris, Daniel Weiner, Brennan, Matthew Baum, Baum, Weiner Organizations: Google, America PAC, Tesla, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, “ America PAC, Trump, The New York Times, FEC, Harvard Kennedy School Locations: Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, America, Trump

☆ How Does Your State Make Electricity?
▼ + stars: | 2024-08-02 | by ( Nadja Popovich | ) www.nytimes.com time to read: +58 min

Wind turbines provided just 1 percent of the electricity produced in the state in 2001 and nearly 60 percent last year. How Kentucky made electricity from 2001 to 2023 Percentage of power produced from each energy sourceCoal still generates the majority of the electricity produced in Kentucky, a longtime coal mining state. Since then, virtually all of the electricity produced in the state has come from renewable sources, including hydropower, biomass, wind and solar. It has supplied more than 85 percent of the electricity produced in the state every year for more than two decades. Last year, wind supplied more than a fifth of the electricity produced in the state.

☆ How an Elon Musk PAC is using voter data to help Trump beat Harris in 2024 election
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

The ad then displays a website for a group called America PAC. "I have created a PAC, or a super PAC ... the America PAC," Musk said in a recent interview. But what is unique about America PAC's project is who is backing it and the timing of its creation. He recently said on X that he is "making some donations to America PAC," but did not say how much. Musk on X mirrors Musk PAC

Persons: Elon Musk, The Beverly Hilton, David Swanson, Donald Trump, Trump, they'll, Kamala Harris, Musk, Brendan Fischer, Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale Organizations: SpaceX, Tesla, The Beverly, Reuters, Google, America PAC, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, Trump, The New York Times, FEC Locations: Beverly Hills , California, U.S, Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin

☆ Here's everything you need to know about the Fed decision coming Wednesday
▼ + stars: | 2024-07-30 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

Market pricing currently indicates an absolute certainty that the Fed will approve its first reduction in more than four years — when it meets Sept. 17-18. They don't want investors to start pricing in a rate cut coming in September and there's literally nothing else that could possibly happen," he said. "Opening the door for that rate cut is probably the most appropriate thing for them at this point," Reynolds added. Expectations for easingGlenmede expects that starting in September, the Fed could cut at each of the three remaining meetings. The Fed will not provide an update on its quarterly summary of economic projections at this meeting.

Persons: Jerome Powell, Chris Kleponis, they've, Michael Reynolds, Reynolds, there's, it'll, Powell, Goldman Sachs, David Mericle, Mericle, Bill English, We've Organizations: Banking, Housing, Urban, Capitol, AFP, Getty, Glenmede, Fed Locations: Washington ,, Yale, Jackson Hole , Wyoming

The state minimum car insurance is the minimum amount of car insurance you must carry in your state to legally drive a vehicle. Get Car Insurance Quotes Compare affordable car insurance quotes online in minutes. Top Providers for State Minimum Car InsuranceThese are the top providers for minimum car insurance based on our round-up on the best car insurance companies. Minimum Car Insurance FAQWhat happens if I don't have the state minimum car insurance? If you drive without the state minimum car insurance, you may face serious penalties such as fines, license suspension, and even vehicle impoundment.

Persons: you'll, Asis Alani Asis, Forbes, She’s, Read Organizations: UM, State, Insurance Information Institute, New, state's Department of Motor Vehicles, Florida Hawaii Kansas Kentucky Massachusetts, Florida Hawaii Kansas Kentucky Massachusetts Michigan Minnesota New Jersey New, Amica, Farm, Farmers Insurance, Liberty Mutual, Arizona, Illinois, Indiana, Iowa, Maryland, Montana, Nebraska, Hampshire, York, North Carolina, North Dakota, Oklahoma, Rhode, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Insurance, Providers Insurance, DMV, Business, AARP, CNN, Fortune, U.S . News, Finance, University of Hawaii Locations: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, Jersey, Mexico, York, Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin, Wyoming, Florida Hawaii Kansas Kentucky, Florida Hawaii Kansas Kentucky Massachusetts Michigan Minnesota New Jersey, Florida Hawaii Kansas Kentucky Massachusetts Michigan Minnesota New Jersey New York North Dakota Pennsylvania Utah Kentucky , New Jersey, North Carolina, Alabama, Chevron, U.S, Manoa

☆ Rapid renewable energy growth leads FBI to warn hackers will hit new, vulnerable power supply
▼ + stars: | 2024-07-29 | by ( Michelle Castillo | ) www.cnbc.com time to read: +6 min

Government incentives, including the Inflation Reduction Act, have encouraged individuals and private ownership groups to invest in clean energy systems. The renewable energy industry's rapid expansion in the U.S. in some cases is occurring without traditional utility protocols and regulations. The boom in renewable energy has also led manufacturers of products and services to ramp up their offerings. Inverters connected to the internet, in particular, could be controlled by hackers to reduce output or overheat home energy systems. Other major players in the U.S. utilities and renewable energy sector, including Next Era Energy, Constellation, Enphase Energy, First Solar and Sunrun, did not respond to requests for comment.

Persons: Jim Hempstead, SEIA, Bheshaj Krishnappa, Freddie Mac, Moody's, Jim Guinn Organizations: FBI, U.S . Energy Information Administration, Metropolitan Washington Council, Governments, Department of Defense, U.S ., Solar Energy Industries Association, Department of Energy Solar Energy Technologies Office, Constellation Energy, Corporation, cybersecurity, Cybersecurity, GE Vernova, Constellation, Enphase Energy Locations: U.S, California , Utah, Wyoming, United States, China, Russia, Iran, cyberattacks

☆ Bitcoin nears $70,000 as investors digest Trump crypto comments and look ahead to central bank meetings
▼ + stars: | 2024-07-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Investors are coming back into the market after bitcoin ended last week flat and ether dropped roughly 8%. Additionally, traders are watching the Federal Reserve, Bank of Japan and the Bank of England – all of which are meeting this week. Eyes are on Fed Chair Jerome Powell in particular, hoping his comments will confirm an interest rate cut in September. He also said it would be his policy to keep 100% of the bitcoin the U.S. government currently holds (about 210,000 bitcoins), serving as the beginning of a National Strategic Bitcoin Reserve. In remarks that garnered the biggest roar from the audience, Trump vowed that he would replace Gensler "on day one."

Persons: Bitcoin, bitcoin, Jerome Powell, Donald Trump, Sen, Elizabeth Warren, Gary Gensler, Biden, they've, Trump, Cynthia Lummis Organizations: Getty, Metrics, Federal Reserve, Bank of Japan, Bank of England, Bitcoin Conference, Democratic, Securities, Exchange, Trump, Strategic Bitcoin, Republican Locations: Nashville, Wyoming

☆ Coinbase could be ready to achieve a mainstream milestone that boosts the stock, predicts Oppenheimer
▼ + stars: | 2024-07-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin pushing further into the mainstream could be laying the groundwork for crypto stock Coinbase to join the S & P 500 , according to Oppenheimer. "We believe 1) increasing regulatory clarity, and 2) digital asset becoming mainstream can increase the chance that COIN will be included in S & P 500," he added. Lau has an outperform rating on Coinbase and a price target of $282, which implies a roughly 12% increase from current levels. It's gained about 160% in the past year, outperforming the S & P 500 in that time. Over the pas three years, however, shares are up just 3%, while the S & P 500 has gained 23%.

Persons: Oppenheimer, Owen Lau, Lau, Donald Trump, Robert F, Kennedy Jr, Cynthia Lummis, Ro Khanna, Coinbase, It's Organizations: Republican, Democratic Locations: blockchain, Nashville, Wyoming, California

"For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin," Trump said at this year's Bitcoin Conference in Nashville. Kennedy went further than Trump, promising to establish a 4 million bitcoin strategic reserve to match the country's current stake in gold, some of which is held near the military base at Fort Knox. But Trump's reservation speaks to the complications of promising a bitcoin strategic reserve on par with the gold standard. An executive order would not be enough to bring a U.S. bitcoin reserve into existence. That existing bitcoin stockpile could act as the foundation for the bitcoin strategic reserve, which the U.S. government would build on by regularly buying a certain number of bitcoin.

Persons: Donald Trump, Marco Bello, Trump, Trump's, didn't, Tyler, Cameron Winklevoss, Kid Rock, Cynthia Lummis, Bill Hagerty, Marsha Blackburn, Robert F, Kennedy Jr, Kennedy, bitcoin, Sen, Lummis, Per Sen, Joe Biden, Kamala Harris, Fred Thiel Organizations: Reuters NASHVILLE —, Republican, U.S . Marshals Service, Trump, U.S . Treasury, Bitcoin Conference, Saturday, Wyoming, U.S, Treasury Department, House, Independents, Democratic, U.S . Securities, Exchange Commission, U.S . Locations: Charlotte , North Carolina, U.S, Nashville, United States of America, Germany, Fort Knox, Washington, United States, bitcoin

☆ Top Wall Street analysts suggest these dividend stocks for enhanced returns
▼ + stars: | 2024-07-28 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Investors seeking solid dividend payers can rely on top-ranked Wall Street analysts, who make recommendations after thoroughly analyzing a company's ability to generate solid financials and deliver strong returns. Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. WES offers a high dividend yield of 8.8%. Hanold expects Q2 2024 shareholder returns to comprise a fixed dividend of 90 cents a share and a variable dividend of $1.25 per share, with no stock buybacks. KO offers a dividend yield of about 2.9%.

Persons: Wall, WES, Gabriel Moreen, Moreen, TipRanks, FANG, Scott Hanold, KO, Nik Modi, Modi Organizations: Wall Street, Western, Western Midstream Partners, Mizuho, MLP, Diamondback Energy, Endeavor Energy, RBC Capital, Diamondback, Cola Locations: Texas , New Mexico , Colorado , Utah, Wyoming, West Texas, Philippines, India

☆ Three Members of the Nelons Gospel Group Are Killed in a Plane Crash
▼ + stars: | 2024-07-27 | by ( Emmett Lindner | More About Emmett Lindner | ) www.nytimes.com time to read: 1 min

Three members of the award-winning gospel band the Nelons and four other people on board were killed in a plane crash in rural Wyoming on Friday, according to the authorities and representatives for the band. The plane, an 11-seat Pilatus, crashed at approximately 1 p.m. local time in a remote area north of Gillette in Campbell County, Wyo., the county government said on Facebook. The three band members, Jason Clark; his wife, Kelly Nelon Clark; and their daughter Amber Kistler were traveling to perform on a cruise that was set to depart on Saturday from Seattle and sail to Alaska, according to a statement from Gaither Management Group, which the band recorded for. Ms. Kistler’s husband, Nathan, was also killed, as well as the band’s assistant, Melodi Hodges; the pilot, Larry Haynie; and his wife, Melissa.

Persons: Jason Clark, Kelly Nelon Clark, Amber Kistler, Kistler’s, Nathan, Melodi Hodges, Larry Haynie, Melissa Organizations: Pilatus, Facebook, Gaither Management Group Locations: Wyoming, Gillette, Campbell County, Seattle, Alaska

☆ 3 members of Nelons, Hall of Fame gospel group, among 7 killed in Wyoming plane crash
▼ + stars: | 2024-07-27 | by ( Amanda Musa | ) edition.cnn.com time to read: +3 min

CNN —Three members of the Nelons, a Georgia-based family gospel group, were among seven people killed in a plane crash in Wyoming on Friday, according to a statement from the family’s management company. Kelly Nelon Clark, her husband, Jason Clark, and their daughter Amber Kistler died in the crash Friday afternoon, according to a statement by daughter Autumn Nelon Streetman, who was not on the plane, that was included with the Gaither Music Group announcement. “Through a career of valued service in public safety, Larry’s impact on our state will not be forgotten,” Kemp wrote. The Gaither statement said Nelon Streetman and her husband were notified of the deaths in Seattle and were returning to their home. The Nelons were inducted into the Gospel Music Association (GMA) Hall of Fame in 2016 and were winners of 10 Gospel Music Association’s Dove Awards, including multiple song of the year and album of the year awards, according to the group’s official website.

Persons: Kelly Nelon Clark, Jason Clark, Amber Kistler, Streetman, Jamie, Dan, Linda Clark, ”, Nelon Streetman, “, Nathan Kistler, Melodi Hodges, Larry Haynie, Melissa, Haynie, Brian Kemp, ” Kemp, Gaither, Jason, Kelly, Amber, Jackie Patillo, Keith Holloway, Holloway Organizations: CNN, Gaither Music, Georgia, of Corrections, Georgia Gov, Gaither, Gaither Music Group, Seattle, Gospel Music Association, GMA, of Fame, GMA Hall of Fame, Transportation Safety, ” Locations: Georgia, Wyoming, Seattle, Alaska

☆ Markets now pricing in three rate cuts before the end of the year following better inflation news
▼ + stars: | 2024-07-26 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Improving news on inflation again has raised investors' hopes that the Federal Reserve soon will start to aggressively lower interest rates. Futures market pricing now indicates that while the Fed will remain on hold at next week's policy meeting, it will commence cutting in September and move again in November and December. The market-implied probability for a September cut nudged up to about 90% Friday morning, according to the CME Group's FedWatch Tool that measures fed funds futures pricing. Traders in early 2024 were pricing in at least six cuts this year, but the central bank's rate-setting group has remained on hold for a year. Following the two-day meeting that concludes next Wednesday, the Fed meeting schedule is empty for August, save for the all-important annual conclave in Jackson Hole, Wyoming.

Persons: Joseph Brusuelas, —, Jerome Powell, Christopher Waller Organizations: Federal Reserve, Friday's Commerce Department, RSM, Traders, Federal Open, Fed Locations: Jackson Hole , Wyoming

☆ Yellowstone’s popular Biscuit Basin is closed for the summer after hydrothermal explosion
▼ + stars: | 2024-07-25 | by ( Amanda Musa | ) edition.cnn.com time to read: +4 min

Biscuit Basin – located about 2 miles northwest of the famed Old Faithful geyser in Wyoming – was shuttered for the rest of the summer out of concern for visitor safety, according to park officials. This map shows the major thermal features in Biscuit Basin at Yellowstone National Park. Officials say Grand Loop Road, which surrounds Biscuit Basin and other notable sites in the park, remains open to vehicles. Biscuit Basin and other popular geysers have experienced similar explosions in the past, officials said. Additionally, a small hydrothermal explosion occurred from Wall Pool, in Biscuit Basin, in 2009, according to officials.

Persons: “, CNN’s Jamiel Lynch Organizations: CNN, Yellowstone, National Park Service, Geological Survey, Google, Survey, ” Geologists, Porcelain Locations: Wyoming, Sand, Norris, Porcelain Terrace, Wall, Yellowstone

☆ Unusual photos show A-10 attack aircraft built to hunt tanks escorting a ballistic missile submarine
▼ + stars: | 2024-07-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewNewly released US Navy photos captured an unusual sight: multiple US Air Force A-10 Thunderbolt II aircraft — ground-attack planes built for close-air support and anti-tank missions — escorting a ballistic missile submarine at sea last week. An A-10 Thunderbolt II aircraft above the ballistic missile submarine USS Wyoming on July 15. Related storiesThe A-10s that flew above the submarine USS Wyoming recently are assigned to Moody Air Force Base in Georgia. An A-10 Thunderbolt II aircraft above the ballistic missile submarine USS Wyoming on July 15. Earlier this year, several Warthogs were photographed escorting the ballistic missile submarine USS Nebraska in the Pacific Northwest alongside US Coast Guard vessels.

Persons: — Organizations: Service, Navy, US Air Force, Thunderbolt, Business, Submarine, Air Force, Coast Guard, US Navy, Moody Air Force Base, Trident, US Coast Guard Locations: Georgia, Wyoming, an Ohio, Ukraine, East, Ohio, Nebraska, Pacific Northwest

☆ Yellowstone National Park closes some areas after hydrothermal explosion
▼ + stars: | 2024-07-23 | by ( Jamiel Lynch | ) edition.cnn.com time to read: +2 min

“Hydrothermal explosions are violent and dramatic events resulting in the rapid ejection of boiling water, steam, mud, and rock fragments,” according to the US Geological Survey. “Porkchop Geyser, in Norris Geyser Basin, experienced an explosion in 1989, and a small event in Norris Geyser Basin was recorded by monitoring equipment on April 15, 2024. Hydrothermal explosions like that of today are not a sign of impending volcanic eruptions, and they are not caused by magma rising towards the surface.”Large hydrothermal explosions occur on an average of every 700 years, the USGS says. “Although large hydrothermal explosions are rare events on a human time scale, the potential for additional future events of the sort in Yellowstone National Park is not insignificant. Based on the occurrence of large hydrothermal explosion events over the past 16,000 years, an explosion large enough to create a 100-(meter)- (328-ft-) wide crater might be expected every few hundred years,” it added.

Persons: ” Organizations: CNN, Geological Survey Locations: Yellowstone, Wyoming, Norris, Norris Geyser

☆ Hydrothermal Explosion at Yellowstone Sends Tourists Racing for Safety
▼ + stars: | 2024-07-23 | by ( Annie Correal | ) www.nytimes.com time to read: +1 min

A hydrothermal explosion sent a towering column of boiling water, mud and rock shooting into the air at Yellowstone National Park in Wyoming on Tuesday morning, destroying a section of boardwalk and sending dozens of tourists running for safety, officials said. The explosion occurred at around 10 a.m. in the Biscuit Basin area of the park. Several tourists captured video of the event, and in some footage an adult can be heard shouting at children to run. Suddenly it became a huge, dark cloud full of rocks,” she said in a phone interview. “It was a huge cloud, it covered the sun.

Persons: ’ Organizations: United States Geological Survey, Vlada Locations: Wyoming

☆ I'm an American mom who raised my kids in Spain. They considered going to the US for college but changed their minds.
▼ + stars: | 2024-07-23 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

But the more we compared the European college experience to that of the US, the more we were drawn to Europe. Going to college in Europe, however, would allow him to meet people of different backgrounds. After taking a gap year in 2021, Gavin decided to pursue a degree in Culinary Entrepreneurship at Technological University Dublin in Ireland. AdvertisementAs a Wyoming resident, Gavin would have paid $5,190 for tuition at the University of Wyoming, excluding other costs. However, he considered the University of New Hampshire, where tuition costs $36,170 yearly for out-of-state students, excluding housing and other fees.

Persons: —, Jackie Baxa, Gavin, Baxa, Kaden, he's, we've, It's, He's, We've, Erin, eliam@businessinsider.com Organizations: Service, Business, Entrepreneurship, Technological University, European Union, Technological University of Dublin, Housing, University of Wyoming, University of New Locations: Spain, Seville, Europe, Jackson Hole , Wyoming, Technological University Dublin, Ireland, Dublin, Milan, Amsterdam, Wyoming, University of New Hampshire

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