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CNN —India’s T20 World Cup-winning cricket team will finally be able to fly home Tuesday after being stuck in Barbados due to Hurricane Beryl, a powerful storm churning through the Caribbean. CNN has reached out to India’s Board of Control for Cricket for comment. The hurricane made landfall on Grenada’s Carriacou Island in the Caribbean Sea on Monday morning, causing extreme damage and one confirmed death. As of early Tuesday, Hurricane Beryl had winds of 165 miles (265 kilometers) per hour, according to the National Hurricane Center (NHC). India’s T20 World Cup victory – its first since winning the inaugural 2007 edition – sparked emotional celebrations after a year of heartbreak for many of its players, who lost to Australia in the finals of both the ODI Cricket World Cup and World Test Championship.

Persons: CNN —, Mia Mottley, Vincent, Hurricane Beryl, It’s Organizations: CNN, Caribbean, South, Board of Control, Cricket, National Hurricane Center Locations: Barbados, South Africa, Grenadines, Jamaica, Australia

☆ How Tom Hanks’s Son Spawned a Hateful Meme Online
▼ + stars: | 2024-07-02 | by ( Steven Lee Myers | ) www.nytimes.com time to read: +1 min

In the spring of 2021, Chet Hanks, the singer, actor and son of Tom, posted a series of statements and a music video with a refrain that caused confusion, not to mention a fair bit of cringing. Thousands of posts using the slogan “white boy summer” have appeared on the Telegram app this year. It’s been used by far-right groups to recruit new followers, organize protests and encourage violence, especially against immigrants and L.G.B.T.Q. people, the report said. For many of those who use it now, the phrase represents an unapologetic embrace of white heterosexual masculinity, often at the expense of women and people of color.

Persons: Chet Hanks, Tom, It’s Organizations: Global

☆ Biden’s mental fitness could have been better covered leading up to the debate, some White House reporters acknowledge
▼ + stars: | 2024-07-02 | by ( Hadas Gold | ) edition.cnn.com time to read: +10 min

After Biden’s lackluster performance last week, some are questioning whether the White House press corps dropped the ball on fully covering Biden’s limitations. Nearly every media outlet has reported on growing concerns about Biden’s age well before the debate. Several White House reporters told CNN that the coverage of Biden’s age and his mental stamina should have pushed harder. The White House press shop has also been very “aggressive” and “fairly successful” in mitigating coverage of concerns over the president’s age, said another White House reporter who works for a different publication. “I think the press, most of the White House press, did suffer from a bit of lack of curiosity,” one of the reporters said.

Persons: Joe Biden’s, Biden, –, Donald Trump’s, Robert Hurr, “, Martha Joynt Kumar, Kumar, George Stephanopoulos, it’s, ” Alex Thompson, ”, Vlodomyr Zelensky, Biden’s, Trump’s –, Trump Organizations: CNN, White House, Wall, New York Times, The Times, White, Towson University, Trump, ABC News, House, gaslight, Ukrainian, Air Force, Biden Locations: American, ”, Trump’s

☆ Gen Z's shopping decisions are heavily driven by TikTok and influencers, report finds
▼ + stars: | 2024-07-01 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

Young Asian woman unboxing new purchase clothings from cardboard box that received from her online shopping retail delivery at home. Online shopping, trustworthy parcel delivery serviceGeneration Z in Asia-Pacific is taking fashion cues from idols and influencers, heavily driven by TikTok, a new KPMG report showed. Gen Z ranked social commerce (63%) and livestreaming commerce (57%) as important to their shopping experience, the survey revealed. Social commerce was the most popular form of retail tech among Gen Z – especially in China, Vietnam, Indonesia and the Philippines. Gen Z is known as the first generation to grow up with the internet and digital devices as a part of daily life.

Persons: Gen, Z, Irwan Djaja Organizations: KPMG Locations: Asia, Pacific, China, Singapore, Indonesia, Vietnam, Philippines, KPMG Indonesia

☆ US employers want more part-time workers. Here’s what that means
▼ + stars: | 2024-06-30 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

“So far, the labor market has adjusted slowly, and the unemployment rate has only edged up. The industries that were most likely to advertise part-time work as of May were beauty and wellness; personal care and home health; retail; food preparation and service; and sports, Indeed said. During the Great Recession from 2007 to 2009, part-time work rose sharply, according to research from the San Francisco Fed. “There was this rise in part-time work when the economy and the labor market were doing well coming out of the pandemic,” Culbertson told CNN. The US Labor Department releases June figures gauging the state of the labor market, including monthly job growth, wage gains and the unemployment rate.

Persons: Mary Daly, ” Daly, Daniel Culbertson, ” Culbertson, Alicia Wallace, Friday’s, Jerome Powell, John Williams Organizations: CNN Business, Bell, Washington CNN — Companies, Labor Department, Federal Reserve, San Francisco Fed, Commonwealth Club World Affairs of, CNN, Commerce Department, Commerce, P Global, Institute for Supply Management, European Central Bank, US Labor Department, Constellation Brands, Constellation Brands . New York Fed, US Commerce Department, New York Fed Locations: Washington, Commonwealth Club World Affairs of California, Constellation Brands .

☆ Morgan Stanley says this is the stock to play China's EV industry consolidation
▼ + stars: | 2024-06-30 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Morgan Stanley has resumed coverage of Hong Kong-listed Geely with an overweight rating on expectations the Chinese automaker can weather macro and industry uncertainties. "We see Geely as a beneficiary of market consolidation," Morgan Stanley Asia equity analyst Tim Hsiao and a team said in a June 25 report that resumed coverage of the stock. Hangzhou-based Geely entered China's auto industry in 1997 and is known for acquiring Volvo in 2010. But the company raised the share of its new energy vehicles to 32% so far this year, higher than peers such as Great Wall Motor, for which the share is 23%, the Morgan Stanley analysts pointed out on Tuesday. The Morgan Stanley analysts on Tuesday set a price target of HK$11.20 ($1.43), about 27% above where shares closed Friday.

Persons: Morgan Stanley, Tim Hsiao, Geely, PHEV, Morgan Stanley's, BYD, bode Organizations: U.S, European Union, Lynk, Volvo, HK Locations: Hong Kong, Morgan Stanley Asia, Hangzhou, New York, China, EVs

☆ The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
▼ + stars: | 2024-06-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

In a report last week, it called out high debt, banking vulnerabilities, and trade barriers. These are important downside risks that could impact the global economy, it said. AdvertisementChronic deficits are leading toward a debt-to-GDP ratio of 140% by 2032, IMF said, a situation that needs to be addressed urgently. Advertisement"These create systemic risks to the U.S. and global economy that are entirely avoidable. Meanwhile, Washington's increasingly protectionist approach to trade is a risk to US and global growth, the IMF said.

Persons: —, Washington's, Biden, Trump Organizations: Monetary Fund, Service, International Monetary Fund, IMF, Republicans, Democrats, Silicon Valley Bank, Republican Locations: Washington, Silicon, Basel, China, Beijing, U.S

☆ China and Russia are in a bad marriage that the West shouldn't try to break up
▼ + stars: | 2024-06-29 | by ( Michael Peck | ) www.businessinsider.com time to read: +10 min

Already, Russia's military and China's People's Liberation Army have held around 25 joint exercises since 2005, involving ships, aircraft and ground troops. Equally important is that China has become a key enabler of Russia's war in Ukraine. Advertisement"Policymakers and planners should avoid overestimating the state of military cooperation and operational integration that exists between Russia and China," RAND warned. AdvertisementDespite boasting of their military ties, Russia and China don't have much faith in each other's military prowess. In their 2001 friendship treaty, China and Russia did agree to consult with each other should either nation be attacked.

Persons: Mladen Antonov, Russia's, Mark Cozad, Cozad, Hitler, Michael Peck Organizations: Service, Communist, Business, NATO, RAND Corp, Liberation Army, British, RAND, PLA, People's, Army, Russian, Grand Alliance, Western Allies, Central, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Soviet Union, China, Beijing, Moscow, U.S, Russian, Europe, Taiwan, Ukraine, Russia, Britain, South Korea, America, Vietnam, Korea, Syria, West, Central Asia, United States, Forbes

☆ Delhi, India airport: Terminal 1 roof collapse kills one, injures others
▼ + stars: | 2024-06-28 | by ( Rhea Mogul | Aishwarya S. Iyer | ) edition.cnn.com time to read: +2 min

Delhi Fire Services assistant divisional officer Ravinder Singh said rescuers got to the scene to find two support pillars had collapsed over a car. Photos of the scene released by the fire service showed the large white canopy of the roof had plunged to the ground, crushing several cars. India’s minister of Civil Aviation, Ram Mohan Naidu Kinjarapu, said he was “personally monitoring” the collapse in a statement on X. Parts of the capital territory of Delhi experienced heavy rainfall this week, flooding roads and submerging cars. Earlier this month, at least nine people were killed and dozens of others injured after a cargo train collided with a passenger train in eastern India.

Persons: Ravinder Singh, ” Singh, “, ”, Ram Mohan Naidu Kinjarapu Organizations: New, New Delhi CNN, Indira Gandhi International, Delhi Fire Services, CNN, Civil Aviation Locations: New Delhi, New Delhi’s, Delhi, India, Morbi, Gujarat

☆ You can't kill Coach
▼ + stars: | 2024-06-28 | by ( Amanda Krause | ) www.businessinsider.com time to read: +10 min

Mandy Moore carries a Coach bag in 2006. And with fewer people buying Coach bags, consumer ideas of the brand shifted. Keel, who purchased her first Coach accessory — a discounted cardholder from Coach Outlet — around that time, remembers the change in the brand's perception vividly. AdvertisementKate Bauer, a 29-year-old from Toronto, collects vintage Coach bags that she exclusively buys secondhand. She told BI that the importance of old Coach styles to the brand's current business has never been clearer.

Persons: —, Paris Hilton, I'd, Gilbert Carrasquillo, Lil Nas X, Gen Z, Erin Keel, Lillian Cahn, Miles Cahn, Lillian, Bonnie Cashin, Lew Frankfort, Mandy Moore, Michael Loccisano, Michael Kors, Kate Spade, Victor Luis, Keel, Chanel, wasn't, — Luis, Jide J, Zeitlin, — Todd Kahn, Coach, Camila Mendes, Beth Goldstein, Gen, Kate Bauer, Edward Berthelot, Goldstein Organizations: Business, Leatherware, —, North, BI Locations: New York City, Los Angeles, Frankfort, Toronto

☆ Here are the 10 most livable cities in the world — and Europe dominates the list
▼ + stars: | 2024-06-28 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +2 min

Vienna, Austria is the wrold's most "liveable" city, according to the Economist Intelligence Unit's 2024 Global Liveability Index. For the third year in a row, Vienna, the capital of Austria, is the world's most livable city, according to the Economist Intelligence Unit. "Declines in stability and infrastructure across a number of cities in advanced economies were offset by structural improvements in healthcare and education in several cities in developing markets." Here are the 10 most livable cities in the world, according to EIU. North America was the second best region, scoring an average of 90.5 out of 100, and ranking highest for education.

Persons: EIU Organizations: Economist Intelligence, Economist Intelligence Unit, Western Locations: Vienna, Austria, Copenhagen, Denmark, Zurich, Switzerland, EIU, Austria Copenhagen, Denmark Zurich, Switzerland Melbourne, Australia Calgary, Canada Geneva, Switzerland Sydney, Australia Vancouver, Canada Osaka, Japan Auckland, New Zealand, Asia, Pacific, Melbourne, Sydney, Osaka, Japan, Auckland , New Zealand, Vancouver, Toronto, Western Europe, North America, Canada

☆ Thailand is now the Myanmar junta’s favored banking destination as military attacks ramp up, UN expert says
▼ + stars: | 2024-06-27 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +5 min

Hong Kong/Bangkok CNN —International banks are playing a significant role in the Myanmar military junta’s ability to carry out its systematic and deadly assault on its people, a new United Nations-backed report has found. Athit Perawongmetha/ReutersThe Thai connectionSingapore-based entities were Myanmar’s third largest source of weapons and military materials. In 2022, Singapore-based banks facilitated more than 70% of the junta’s purchases passing through the banking system. Looking for other financial institutions, the junta found neighboring Thailand. “Our banking and financial institutions follow banking protocols as any major financial hub.

Persons: Tom Andrews, ” Andrews, Banks, ”, Athit Perawongmetha, “ Organizations: Bangkok CNN — International, United Nations, UN, Administration Council, SAC, “ Banking, Military Junta, States, Karen National Liberation Army, Siam Commercial Bank, CNN, Thailand’s Ministry of Foreign Affairs, Economic Bank Locations: Hong Kong, Bangkok, Myanmar, Singapore, Myawaddy, Thailand, Thai, Siam

☆ A Tesla driver says he crashed his brand new Cybertruck after the brakes stopped working
▼ + stars: | 2024-06-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Read previewA Tesla owner said he crashed his new Cybertruck into a neighbor's yard within the first few hours of driving it — and he said it's because the vehicle's brakes didn't work. The owner, Bruce Freshwater, told BI that the crash happened on April 27 after he picked up the Cybertruck. That car then ran into a second vehicle, Freshwater told the police in the report, which BI has viewed. AdvertisementFreshwater's Cybertruck, along with one of the neighbor's vehicles, sustained "disabling damage," according to the police report. Freshwater told BI that he still makes car payments every month on a vehicle he isn't using.

Persons: —, Bruce Freshwater, Freshwater, Freshwater's, Freshwater Freshwater, Tesla, he's, Cybertrucks, I'm Organizations: Service, Business, Police Department, BI, Tesla, National, Traffic Safety Administration, NHTSA Locations: Fayette, Pennsylvania

☆ Pentagon and USAID launch oversight reviews of US pier and humanitarian aid for Gaza amid repeated challenges
▼ + stars: | 2024-06-27 | by ( Haley Britzky | ) edition.cnn.com time to read: +3 min

The Defense Department IG will look specifically at the “effectiveness of DoD’s efforts to facilitate the delivery of humanitarian aid to Gaza through the maritime corridor,” a press release on Thursday, announcing the effort, said. The pier — called the Joint Logistics Over The Shore, or JLOTS — was first established on the Gaza coast in May. WFP has had their distribution of aid from the pier paused for more than two weeks as they assess the security situation on the ground. Meanwhile, the humanitarian situation in Gaza has only grown more dire as the war between Israel and Hamas continues. “Given this, the DoD OIG and USAID OIG are working together to address the challenges associated with this mission.

Persons: —, “, Robert P, Storch, Paul K, Martin Organizations: CNN, Pentagon, USAID, General, The Defense, The, WFP, Integrated, DoD, DoD OIG, USAID OIG Locations: Gaza, Israel, “

☆ EToro surveyed 10,000 retail investors to see what's in their portfolios. Here's the breakdown of how they're betting on cash, crypto, and their top 3 stock-market sectors.
▼ + stars: | 2024-06-27 | by ( Christine Ji | ) www.businessinsider.com time to read: +4 min

EToro surveyed 10,000 retail investors in 12 countries to see what they're holding in their portfolios, collecting data from the period of May 15 to June 5, 2024. Thirty-eight percent and 32% of retail investors in these countries, respectively, own cryptocurrency, compared to 27% in the US. Top stock market picksEquities remain popular among retail investors, coming in second only to cash. Unsurprisingly, technology was a top pick for retail investors eager to take advantage of the tech-driven market rally of this year. Other areas of interest include real estate, communications, and healthcare, with 30% or more of retail investors indicating that they were invested in these sectors.

Persons: —, eToro, Cash, Sam North, Cryptocurrency Organizations: Service, Business, ECB Locations: EToro, Spain, Germany

☆ This Southeast Asian city is the world's most expensive for the super rich — Hong Kong comes second
▼ + stars: | 2024-06-26 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

All this is reflected in its continued status as the world's most expensive city," the report said. Singapore was followed by Hong Kong, which upstaged Shanghai to emerge as the second most expensive city for the wealthy. Prices for hotel suites (+22.9%), ladies' shoes (+12.7%), and ladies' handbag (+8.6%) saw the biggest increases in the city. London Hotel suites and jewelry were the second-most expensive items across the 25 cities, with prices soaring 38.3% and 17.%, respectively. Here's Julius Baer's list of the world's 10 most expensive cities for high net worth individuals:

Persons: Julius Baer, normalizations, Here's Julius Baer's Organizations: Wealth, Private Locations: Singapore, Swiss, U.S, Hong Kong, Shanghai, London

☆ Staring at a screen the whole workday can hurt your eye health—4 ways to reduce strain
▼ + stars: | 2024-06-26 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Even as few as two hours daily on a device can cause eye problems, says Dr. Steven Reed, an optometrist and president of the AOA. Unmanaged screen use can lead to issues including dry eye, eye strain, back and neck pain, headaches, heavy eyelids, tearing and blurred vision. Modify brightness to a comfortable level depending on surrounding lighting and increase contrast on your device to reduce glare. Getting glasses that block blue light and reflective light, which are available for prescription and non-prescription lenses, can be an effective option for some people to prevent eye strain, too, eye doctors say. "If you're on your screen until bedtime and then you don't really sleep well, that impacts your overall health significantly," he says.

Persons: Steven Reed, Unplugging, Reed, Valerie Sheety Organizations: American Optometric Association, Deloitte Economics

☆ North Korea Says It Tested Multiple-Warhead Missile Technology
▼ + stars: | 2024-06-26 | by ( Choe Sang-Hun | ) www.nytimes.com time to read: +1 min

North Korea said for the first time on Thursday that it had tested technology for launching several nuclear warheads with a single missile, days after President Vladimir V. Putin of Russia visited the North and raised the prospect of expanded military and technical cooperation. The test on Wednesday was “aimed at securing the MIRV capability,” the North’s state-run Korean Central News Agency reported. MIRV stands for “multiple independently targetable re-entry vehicle,” a missile payload containing several warheads, each of which can be sent to a different target. The report said the test had involved part of a MIRV system, not a full-fledged multiple-warhead missile. But experts believe the North is far from mastering the technology.

Persons: Vladimir V, Putin, “, MIRV, Kim Jong, Kim Organizations: Korean Central News Agency Locations: Korea, Russia, United States

☆ Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
▼ + stars: | 2024-06-26 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A recent survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long term despite growing concerns about U.S.-China relations and the broader business environment. The survey was conducted in April and May of this year, polling nearly 100 Chinese companies across various industries about performance and outlook. The report said Chinese firms remain committed to the U.S. market despite growing negative sentiment about the overall business environment amid rising trade tensions between the world's two largest economies. Over 60% of survey respondents saw a deteriorating business environment in the U.S. Over the past year, the Biden administration has ramped up curbs on Chinese businesses, scrutinizing certain China-dominated industries, placing new sanctions on various Chinese firms and goods and trying to outright block Chinese ownership of certain companies and platforms.

Persons: CGCC, Biden Organizations: Chamber of Commerce Locations: U.S, China

☆ Gaza population at risk of famine as it continues to face emergency levels of hunger, report finds
▼ + stars: | 2024-06-25 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +6 min

“A high risk of famine persists across the whole of the Gaza Strip as long as conflict continues and humanitarian access is restricted,” the report said. The Rafah crossing – a key transitway for humanitarian aid to Gaza – has been closed since early May, and only a handful of other land crossings remain open. Humanitarian aid workers continue to face tremendous risks to try to distribute the desperately needed aid to Gaza. “The humanitarian space in the Gaza Strip continues to shrink and the ability to safely deliver assistance to populations is dwindling,” the report said. “The humanitarian situation is deteriorating rapidly, and the specter of famine continues to hang over Gaza,” Phillips-Barrasso told CNN.

Persons: “, Gaza –, Netanyahu, Joe Biden, Israel, Matthew Miller, dory, it’s, ”, Cindy McCain, “ There’s, It’s, Kate Phillips, ” Phillips, Barrasso, Philippe Lazzarini Organizations: CNN, Hamas, Integrated, IPC, ”, Food, Mercy Corps, “, UNRWA Locations: Gaza, Israel, Rafah, United States

☆ Tesla recalls Cybertruck to fix faulty windshield wipers, loose trim
▼ + stars: | 2024-06-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

One is to fix problems with trim pieces, which can loosen and fall off the trunk, and the other is to address faulty motor controllers in the front windshield wipers. The report said a "non-functioning windshield wiper may reduce visibility in certain operating conditions, which may increase the risk of a collision." Tesla plans to replace the motor controller in the Cybertruck windshield wipers for customers. An earlier Cybertruck recall was issued to repair an accelerator pedal issue. The recall disclosures for the windshield wiper issue said that from Nov. 13, 2023, to Jun.

Persons: Tesla, —, didn't, Elon Musk, Musk, Tesla's, It's Organizations: National, Traffic Safety Administration, Ford, Tesla Locations: U.S, Austin , Texas, China

☆ Citi Wealth's horrible tech is infuriating clients and employees and endangering its turnaround
▼ + stars: | 2024-06-25 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +11 min

But even clients who get through the door can be reluctant to park more assets with Citi, according to a wealth advisor. To understand the extent of Citi Wealth's tech woes and the stakes, Business Insider spoke with 14 current and former employees. Andy Sieg took over Citi Wealth in September after leaving Merrill Wealth Management. Citi Wealth clients are losing their patienceCiti receives 27,000 monthly complaints from wealth customers, according to the audit. Getting bank statements emailed is difficult for Citi private bank clients when it's a matter of checking a box at other major banks.

Persons: —, Andy Sieg, Roth, Ernst & Young, EY, Merrill Lynch, Sieg, Morgan Stanley, Kris, Wells, Mike Mayo, Jane Fraser, Shadman Zafar, Alois Pirker Organizations: Service, Revlon, Citi, Business, Ernst, Citi Wealth, Merrill Wealth Management, Morgan, Citigroup, Apple, Microsoft, Bankers, Employees, Work, Fidelity, Advisors

☆ DuPont draws suitors for its water unit, plus what's driving Eli Lilly's bounce
▼ + stars: | 2024-06-25 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer argued that the market's been too focused on the AI darling. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, Eli Lilly, Novo Nordisk's Wegovy, Mounjaro, Ozempic, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, DuPont, Bloomberg, Novo Nordisk's, Club Locations: China, LLY

☆ Here are Monday's biggest analyst calls: Nvidia, Amazon, IBM, Micron, Apple, Tesla, Broadcom, Planet Fitness, UnitedHealth & more
▼ + stars: | 2024-06-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley initiates Ryder System as overweight Morgan Stanley said the transformation is underway for the transport company. " Morgan Stanley names UnitedHealth a top pick Morgan Stanley said the health-care company is compelling. "With this note, we are adjusting our Top Pick to UNH (from CI), where its relative share price performance presents an opportunity in our view." Morgan Stanley initiates Elevance Health as overweight Morgan Stanley called out Elevance Health's earnings power as it initiated coverage of the stock. " Melius reiterates Apple as buy Melius raised its price target on Apple to $260 per share from $227.

Persons: Jefferies, kingmaker, CARR, Goldman Sachs, Goldman, Morgan Stanley, Ryder, UnitedHealth, Bernstein, Tesla, TD Cowen, TD, it's, Melius, BEV, Eli Lilly, LLY Organizations: Nvidia, Citi, Micron, Carrier, UBS, Anheuser, Busch InBev, IBM, Bank of America, Broadcom, VMWare, CI, Elevance Health, Cherniere Energy, Cheniere Energy Inc, Ally, Barclays, Apple, " Bank of America, Alexa, Reuters, China, JPMorgan, Royal Locations: LLY, Royal Caribbean

☆ America’s housing crisis continues to worsen
▼ + stars: | 2024-06-23 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Washington CNN —Homeowners in America aren’t the only ones struggling with an unaffordable housing market. A report from Harvard University’s Joint Center for Housing Studies released last week showed that both homeowners and renters in recent years have become increasingly burdened by climbing housing costs. That’s all part of a broader struggle in the US housing market, and recent data shows that it hasn’t gotten any better. But there’s a problem: ChatGPT — soon to be integrated into Siri — is banned in China, reports my colleague Samantha Murphy Kelly. The Chicago Fed releases its National Activity Index for May.

Persons: ” Lael Brainard, ”, “, Brainard, Biden, ” Brainard, ChatGPT —, Siri —, Samantha Murphy Kelly, OpenAI, Siri, ChatGPT, Read, Christopher Waller, Lisa Cook, Michelle Bowman, General Mills, Levi Strauss, Tom Barkin Organizations: CNN Business, Bell, Washington CNN — Homeowners, America aren’t, Harvard University’s, for Housing Studies, Harvard, “, White, Economic Council, Urban Institute, Administration, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, FedEx, Chicago Fed, Global, Index, Board, Micron, General, US Commerce Department, Federal Reserve, Nike, McCormick, Walgreens, US Labor Department, National Association of Realtors, Richmond Fed, University of Michigan Locations: Washington, America, Congress, China

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