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☆ Stock market today: Indexes edge up ahead of major Fed interest rate decision
▼ + stars: | 2024-09-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

US indexes edged higher as investors waited for a likely interest rate cut from the Fed. AdvertisementUS stocks rose on Wednesday as traders readied for what's likely to be the Federal Reserves's first rate cut in four years. "Though consensus is leaning toward a 50 basis point move, we look for the Fed to cut by 25 basis points today. AdvertisementFollowing the interest rate decision, all eyes will be on Fed Chair Jerome Powell, who will deliver prepared remarks during a press conference. "While the market has usually bounced immediately following the 2 PM rate decision, the sell-off usually starts at or near the end of Powell's post-FOMC press conference."

Persons: Jerome Powell's, —, John Lynch, José Torres, Jerome Powell, Powell, shouldn't Organizations: Fed, Traders, Service, Federal, Comerica Wealth Management, Interactive, Deutsche Bank, Investment

CNN has attempted to reach BAC through the website that Gold Apollo gave to reporters. Later, the company told Gold Apollo it wished to make its own pagers and asked for the right to use its brand, he added. Taipei has no record of Gold Apollo pagers being shipped to Lebanon, the ministry said in a statement, adding it will continue to investigate. The logo of Taiwanese company Gold Apollo is seen outside its office in New Taipei City on September 18. Hsu founded Gold Apollo with 100 million New Taiwan dollars ($3.1 million) in capital in 1995, according to Taiwan’s corporate registry.

Persons: Hsu Ching, kuang, ” Hsu, “ I’ve, Apollo’s pagers, Hsu, Johnson Lai, Gold Apollo, Gold, ”, Yan Zhao, Hassan Nasrallah, pagers Organizations: New, Hong Kong CNN, New York Times, CNN, Consulting, BAC, Taiwan’s Ministry of Economic Affairs, Getty, Taiwan’s Commonwealth Magazine, FBI Locations: New Taipei City, Hong Kong, Lebanon, Israel, Taiwan, Europe, Budapest, United States, Australia, Taipei, AFP, Iran

☆ Amazon calls workers back 5 days a week—other companies may be 'right behind them,' expert says
▼ + stars: | 2024-09-18 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

The decision marks a significant shift from Amazon's earlier policy, which required employees to badge in three days a week. Following the announcement, anxious workers have flooded LinkedIn and X feeds with posts wondering if their companies would be next to get rid of flexible work arrangements. Just one-third (33%) of U.S. companies require employees to come to the office five days a week, according to recent data from Flex Index, a platform that tracks companies' flexible work policies. Under 10% of tech companies with more than 1,000 employees have such a requirement. "We might see other smaller tech companies follow Amazon's lead, but most will continue sticking to some kind of hybrid arrangement," he says.

Persons: Andy Jassy, Jassy, we've, Dan Kaplan, haven't, Brian Elliott, hasn't, Kaplan, Elliott, we'll Organizations: Amazon.com Inc, Amazon, Citigroup, Walmart, UPS, Kastle Systems, Flex, Workers, Employees Locations: Seattle , Washington, lockstep, U.S

☆ Hezbollah’s credibility depends on revenge against Israel. But its weakness has been exposed
▼ + stars: | 2024-09-18 | by ( Ben Wedeman | ) edition.cnn.com time to read: +4 min

In May 2000, the group managed to drive Israel out of southern Lebanon after a grueling guerilla conflict. On the evening of July 30, an Israeli drone fired two missiles into a residential building in southern Beirut, killing senior Hezbollah commander Fu’ad Shukr. Taken together, the missile attack and the exploding devices represent a dramatic infiltration by Israel of Hezbollah’s critical command and control networks. Israel denied any important targets were struck and no evidence has been made public to contradict that denial. Israel is no longer willing to tolerate the slow-burn war on its northern border and is resorting to ever more extreme and potentially escalatory measures.

Persons: Lebanon CNN —, Assad, Fu’ad Shukr, Shukr’s, Hassan Nasrallah, ” Organizations: Lebanon CNN, Hezbollah, CNN Locations: Beirut, Lebanon, Israel, Iranian, Syria, Iran, Russia, Lebanese, Israeli, pagers, Gaza

☆ Iranian hackers sent stolen Trump campaign information to Biden campaign
▼ + stars: | 2024-09-18 | by ( Hannah Rabinowitz | Evan Perez | ) edition.cnn.com time to read: +3 min

CNN —Iranian hackers sent unsolicited information they stole from Donald Trump’s presidential campaign to people who were affiliated with Joe Biden’s campaign over the summer, federal law enforcement officials said Wednesday. The law enforcement statement Wednesday said that the hackers’ efforts to send information to US media outlets have continued. Law enforcement officials have previously said that those efforts also included an unsuccessful attempt to hack the Biden-Harris campaign. The Iranian hackers did breach the email account of longtime Trump ally Roger Stone to target campaign staff in June, CNN has reported. Investigators believe the suspected Iranian hackers breached Stone’s account and then used that email account to try to break into the account of a senior Trump campaign official as part of a persistent effort to access campaign networks.

Persons: Donald Trump’s, Joe Biden’s, “, Biden’s, Trump’s, Kamala Harris ’, ”, Biden, Morgan Finkelstein, Harris, “ We’re, Ohio Sen, JD Vance, Vance, Roger Stone, CNN’s Kaitlan Collins Organizations: CNN, National Intelligence, FBI, Infrastructure Security Agency, Trump, Politico, The New York Times, Washington Post, Islamic Revolutionary Guard Corps, Investigators Locations: stoke

☆ Vilnius is cheap, safe, and fun — no wonder it's the world's happiness capital for Gen Z
▼ + stars: | 2024-09-18 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +8 min

Joshua Nelken-Zitser/Business InsiderThe city's 90-or-so lakes, ideal for kayaking, and some of the largest forests in the country are also nearby. Joshua Nelken-Zitser/Business InsiderAccording to an affordability index by the personal finance website Finasvalp, Vilnius is the fourth most affordable capital in Europe. Joshua Nelken-Zitser/Business InsiderShe also said she appreciates how inexpensive and convenient it is to travel from Vilnius. Joshua Nelken-Zitser/Business InsiderOutside a food hall beside the Baltasis Tiltas, or White Bridge, 22-year-old Goda Ponomariovaitė looks for a place to sit. Joshua Nelken-Zitser/Business InsiderAccording to Ponomariovaitė, Vilnius has plenty of free or affordable hangout spots.

Persons: —, Valdas Benkuskas, Angel Villalba, Ignas, Kazlauskas, Ignas Kazlauskas, Joshua Nelken, Pranculis, Elizabeth Avgusta, Adriana Doroškevičiūtė, Avgusta, Doroškevičiūtė, It's, Ponomariovaitė Organizations: Service, Business, Getty, Gallup, US, Eurostat, Finasvalp, Michelin Locations: Lithuania, Vilnius, Baltic, Small, Lithuania's, Denver, London, Newcastle, Ukraine, Belarus, Berlin, Europe, Indonesia, LA's Venice, Ponomariovaitė, Amsterdam

Below, we've compiled everything you need to know about where to watch The Golden Bachelorette. The Golden Bachelorette arrives on the heels of The Golden Bachelor, which premiered last year to a devoted audience. In The Golden Bachelorette, 61-year-old widow Joan Vassos will meet 24 eligible senior bachelors in a quest for another chance at love. Where to watch The Golden Bachelorette in the USThe Golden Bachelorette airs on Wednesdays at 8 p.m. Check price at HuluHow to watch The Golden Bachelorette from anywhereYou don't need to worry about missing out on The Golden Bachelorette if you're traveling away from home.

Persons: Bachelorette, Joan Vassos, Joan, ExpressVPN Organizations: Business, Nation, ABC, Hulu

☆ Sarah Huckabee Sanders is latest Trump ally to make dig at Harris over biological kids
▼ + stars: | 2024-09-18 | by ( Arit John | ) edition.cnn.com time to read: +5 min

Unfortunately, Kamala Harris doesn’t have anything keeping her humble,” said Sanders, the first female governor of Arkansas and Trump’s former White House press secretary. Unfortunately, she doesn’t.”The comments come as the Trump campaign attempts to narrow the gap with Harris among female voters. “That’s the lack of humility Governor Sanders was referencing.”The Harris and Trump campaigns did not respond to requests for comment. Kamala Harris has spent her entire career working for the people, ALL families,” she wrote on social media Tuesday in response to Sanders’ remarks. “When you have no substance, you have to resort to superficiality,” said Donna Brazile, a Harris ally and veteran Democratic political strategist.

Persons: Sarah Huckabee Sanders, Donald Trump, Kamala Harris doesn’t, Sanders, “, ”, Trump, Harris, Trump’s, JD Vance, doesn’t, they’ve, ” Vance, Taylor Swift, Vance, Cat Lady, ” Trump, ” Sam Dubke, ” Dubke, – Cole, Ella Emhoff –, Doug Emhoff, ” Cole Emhoff, Kerstin Emhoff, “ Cole, Ella, Kamala Harris, Sanders ’, Donna Brazile, Brazile, Scott Jennings, ” Jennings, Abby Phillip ”, ” Brian Lanza, Phillip, ” Lanza Organizations: CNN, Arkansas, Trump, White House, Democratic Party, Republican, Biden, Democratic National Convention, Democratic, Republicans, Republican Party Locations: Flint , Michigan, Arkansas, Ohio, Washington, America, Flint

☆ OpenAI's power players: Meet the 20 leaders helping shape the future of the AI giant
▼ + stars: | 2024-09-18 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +18 min

Last November, the sudden ouster of CEO Sam Altman and the resulting revolt by most of its employees cast doubts on the future of the world's most prominent AI company. While by no means a comprehensive list, below are some of the key power players who are helping to determine OpenAI's future. He took over for his former boss, Jason Kwon, who has since become the company's chief strategy officer. She's also been referred to as OpenAI's "minister of truth" for her efforts to ensure the company's AI products aren't deceptive or biased. ResearchJakub Pachocki, Chief ScientistRelated storiesPachocki joined OpenAI's research in 2017 after completing a PhD in computer science at Carnegie Mellon University.

Persons: —, Sam Altman, OpenAI, Sarah Friar, Friar, Goldman Sachs, She's, Jason Kwon, Kwon, Anna Makanju, Global Affairs Chris Lehane, Che Cheng, OpenAI's, Cheng, Mira Murati, Murati, Kevin Weil, Weil, Instagram, Peter Welinder, Peter Deng, Research Jakub Pachocki, Pachocki, Ilya Sutkever, Ilya, Mark Chen, Chen, Bob McGrew, Sam Altman's, Lilian Weng, Weng, Aleksandr Madry, Barret Zoph, John Schulman, Zoph, Alec Radford, Radford, Zico Kolter, Kolter, Paul Nakasone, Bret Taylor, Taylor, He's, Larry Summers, Fidji Simo, Melinda Gates, Nicole Seligman, Adam D'Angelo, Quora, Altman, D'Angelo, Andrea Appella, Haidee Schwartz, Schwartz, Akin Gump, She'll, Heather Whitney, Whitney, Morrison Foerster, Makanju, Sam, Biden, Chris Lehane, Lehane, Clinton Organizations: Service, OpenAI, Business, Microsoft, Apple, Google, Khosla Ventures, Global, Global Affairs, Amazon, supercomputing, Tesla, Meta, Twitter, ChatGPT Enterprise, Research, Carnegie Mellon University, MIT, Facebook, Security, Machine Learning Department, Carnegie Mellon Carnegie Mellon, Stanford, CMU, Safety, Security Committee, US Army, NSA, US Cyber Command, Defense Department, U.S, Melinda Gates Foundation, Global Competition, Netflix, Century Fox, Competition, Federal Trade Commission, New York Times, Harvard Law School, University of Chicago Law School, NYU, Canada, Global Policy, Public Affairs, House, Newsweek Locations: Europe, Washington, OpenAI, Silicon, Middle East, Asia, London, Chan, Airbnb

☆ Here's what Morgan Stanley, Wells Fargo stand to gain from lower interest rates
▼ + stars: | 2024-09-18 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

The Club has stayed with Morgan Stanley on expectations that its investment banking outfit will flourish again. At Wells Fargo , the Club's other financial name, lower rates should help its burgeoning investment banking business. Wells Fargo shares year-to-date have performed better than Morgan Stanley, gaining 11%. WFC YTD mountain Wells Fargo (WFC) year-to-date performance The Corporate and Investment Banking division makes up 23% of overall revenue. To be sure, Wells Fargo management said during July's second-quarter earnings call that the bank will continue to de-risk its office portfolio.

Persons: Banks, Erica Groshen, Morgan Stanley, Morgan, Jim Cramer, Jim, Goldman Sachs, Charlie Scharf, Wells, July's, Jim Cramer's, Jerome Powell, William McChesney Martin, Chip Somodevilla Organizations: Federal Reserve, New York Fed, CNBC, Cornell University, Fed, Investment, Morgan Stanley's Institutional Securities, Morgan Stanley's, Wells, Investment Banking, CIB, Federal Reserve Bank, Getty Locations: Wells Fargo, Wells, Washington ,

☆ I tried Nestlé's new weight-loss meals, and felt full for hours — but nutritionists have mixed reviews
▼ + stars: | 2024-09-18 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +9 min

This story is available exclusively to Business Insider subscribers. Vital PursuitThe meals cost less than $5 and are available at retailers including Target and Walmart, starting Wednesday, according to the company. These small meals, branded as protein-rich, are designed to help GLP-1 users lose more fat, and less muscle. "We want to be a brand for those 82% of Americans who are managing their weight," Stoehr told Business Insider, referencing a Morgan Stanley report. "These meals seem like a decent option... but not a great one," Malloy wrote in an email to Business Insider.

Persons: —, Nestlé, Kristen Stoehr, Stoehr, Morgan Stanley, We're, Alix Turoff, Mike Molloy, Hilary Brueck, I've, I'd, Turoff, Malloy, It's, that's, I'm, Nestlé's, Marlene Schmidt, Morgan Stanley's Organizations: Service, Business, Target, Walmart Locations: Nestlé, New York

☆ The 3 policy issues portfolio managers are most concerned about this election season — including one that wasn't discussed during the debate
▼ + stars: | 2024-09-18 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Read previewFor Wall Street, policy — not politics — is the motto leading up to November. Death and taxesUnsurprisingly, tax policy is at the top of money managers' minds, according to Frank Kelly, senior political strategist at DWS. The filibusterThere's an under-the-radar issue keeping portfolio managers up at night: the elimination of the filibuster, according to Kelly's conversations with clients. Wall Street analysts expect a very close election, and even a minute change could be enough to push the needle on the outcome for either candidate. Given how important gridlock is to the market, there's not enough conversation around the impacts of eliminating the filibuster, Kelly believes.

Persons: —, Kamala Harris, Donald Trump, DWS, Frank Kelly, Harris, Trump, David Bianco, Bianco, Goldman Sachs, Chuck Schumer, Kelly, Monica Guerra, Morgan Stanley, Morgan Stanley Wealth Management's, it's, Jack Ablin, Washington doesn't Organizations: Service, Asset Management, Business, Trump, Jobs, DWS, Wall Street, Morgan Stanley Wealth, Cresset Capital Management, White, Washington, Democrats, Republicans Locations: DWS Americas

☆ When interest-rate cuts will hit credit cards, car loans, and mortgages
▼ + stars: | 2024-09-18 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Read previewThe nation's central bank has finally cut interest rates for the first time in over four years. AdvertisementStill, Hamrick said within a day of the Fed's rate cuts, banks will likely adjust their prime lending rates, which will be noticed in credit-card rates "immediately." The Fed rate cuts indirectly affect mortgages, which are generally based on other interest rates that are loosely tied to the Fed funds rate. And when it comes to businesses, rate cuts will have a positive impact on their operations, making it cheaper to take out loans. Are you planning to make any big purchases now that the Fed has cut interest rates?

Persons: —, Mark Hamrick, Erica Groshen, Michele Raneri, Raneri, Hamrick, Elizabeth Renter, Renter Organizations: Service, Federal, Market Committee, Democratic, Fed, Business, Cornell University, Bureau of Labor Statistics, Consumer Financial, TransUnion, asheffey

☆ The Fed gives the US its first jumbo interest-rate cut in 4 years
▼ + stars: | 2024-09-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

It's the first time the Federal Reserve has cut rates since March 2020. The unemployment rate also ticked down in August, giving the Fed the data it needed to cut rates. AdvertisementAccording to CME FedWatch, which estimates interest-rate changes based on market predictions, a rate cut was all but certain; the question was how big of a cut the Fed would implement. Additionally, some economists and Democratic lawmakers had for months been calling for a rate cut of at least 50 basis points. "They're going to cut rates this week," Bharat Ramamurti, a senior advisor for economic strategy at the American Economic Liberties Project, told reporters during a Monday briefing.

Persons: —, Jerome Powell's, Skanda Amarnath, Democratic Sens, Elizabeth Warren, John Hickenlooper, Sheldon Whitehouse, Powell, delinquencies, Bharat Ramamurti Organizations: Service, Federal, Market Committee, Federal Reserve, Business, CME FedWatch, Democratic, Fed, American Economic Liberties Locations: Jackson Hole , Wyoming, America

☆ Mortgage rates below 6% will drive increased homebuilder activity, says Jefferies' Phillip Ng
▼ + stars: | 2024-09-18 | 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 EmailMortgage rates below 6% will drive increased homebuilder activity, says Jefferies' Phillip NgPhillip Ng, Jefferies senior building products analyst, joins 'Squawk on the Street' to discuss the risk-reward setup for homebuilding-adjacent companies, if lower rates are fully priced into the stocks Ng covers, and much more.

Persons: Jefferies, Phillip Ng Phillip Ng

☆ Hezbollah's deadly pagers were sourced from a Taiwanese company and contained explosive material planted by Israel: reports
▼ + stars: | 2024-09-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewThousands of Hezbollah-owned pagers that detonated in unison on Tuesday were made in Taiwan and had been tampered with by Israel, according to multiple reports. The New York Times reported that Hezbollah had purchased the pagers from Gold Apollo, a manufacturer in Taiwan. The same source told the outlet that Mossad, Israel's intelligence service, had planted a board inside the pagers that contained explosive material and could remotely receive a detonation code. " Related storiesHezbollah and Lebanon have both blamed Israel for the exploding pagers, though Tel Aviv has not claimed responsibility. The exploding pagers have led to heightened fears that Israel and Hezbollah may escalate their conflict into a wide-scale or direct war.

Persons: —, Hsu Ching, Kuang, Hsu, Gold Apollo, Israel, Pagers, Benjamin Netanyahu Organizations: Service, Business, New York Times, Hezbollah, Times, Reuters, The, Israeli Defense Ministry Locations: Taiwan, Israel, Iran, Lebanese, Lebanon, Tel Aviv, Gaza

The process of building credit is often described as a catch-22, because you already need credit to get approved for credit products like a credit card. Fizz Credit Builder Debit Card OverviewFizz is a credit-building debit card that launched in January 2023. User Reviews and RatingsCustomer reviews of Fizz Credit Builder Debit Card are mostly positive. The Fizz Credit Builder Debit Card debit card operates on the Mastercard's network. How to Get a Fizz CardTo get the Fizz Credit Builder Debit Card , you need to download the Fizz app from the Apple app store or the Google Play store.

Persons: Read, —, Fizz's Organizations: Patriot Bank, Google, Apple, Mastercard, Social Locations: Chevron

☆ Decades of national suicide prevention policies haven’t slowed the deaths
▼ + stars: | 2024-09-18 | by ( Cheryl Platzman Weinstock | Kff Health News | ) edition.cnn.com time to read: +9 min

Globally: The International Association for Suicide Prevention and Befrienders Worldwide have contact information for crisis centers around the world. But, Mehta said, “we act like we know everything there is to know about suicide prevention. During the past two decades federal officials have launched three national suicide prevention strategies, including one announced in April. Without accurate statistics, researchers can’t figure out who dies most often by suicide, what prevention strategies are working, and where prevention money is needed most. Similarly, the fledgling 988 Suicide & Crisis Lifeline faces similar, serious problems.

Persons: Pooja Mehta’s, Raj, “, ”, Mehta, —, Michael Schoenbaum, ” Schoenbaum, Schoenbaum, Jane Pearson, Kim Deti, Janet Lee, haven’t, Anita Everett, Dr, Sanjay Gupta, Lena Heilmann, ” Mehta, Cheryl Platzman Organizations: KFF Health, International Association for Suicide Prevention, Befrienders, Mental Health, Alaska Natives, Centers for Disease Control, CDC, National Institute of Mental Health, NIMH, Wyoming Department of Health, Lewis Katz School of Medicine, Temple University, National Alliance, Mental, Mental Health Services Administration, Center for Mental Health, CNN, CNN Health, state’s, Colorado Department of Public Health, Environment, KFF, National Institute for Health Care Management Foundation Locations: Arlington , Virginia, Alaska , Montana , North Dakota, Wyoming, SAMHSA, Colorado

☆ Some of OpenAI's top new executives are a nod to its upcoming fights in the courtroom and Washington
▼ + stars: | 2024-09-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

This story is available exclusively to Business Insider subscribers. Jason Redmond/AFP/Getty ImagesA good chunk of the executives Darius highlighted aren't involved in OpenAI's tech. Some of OpenAI's most high-profile executives are instead addressing legal challenges and lobbying regulators in the US and abroad. It's a nod to the fact OpenAI's biggest upcoming fights will take place in a courtroom as opposed to a computer screen. Luckily for you, Business Insider has identified the most famous book set in every state.

Persons: —, Tyler Le, Sam Altman, Altman, he's, Darius Rafieyan, OpenAI, Darius, it's, Jason Redmond, aren't, It's, Justin Trudeau's, Somodevilla, Warren Buffett, David Einhorn, Chelsea Jia Feng, Amazon's, Natalie Ammari, Harris, Jamie Dimon, Dimon, Harvey Weinstein, world's, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Apple, Getty, OpenAI, BMO Capital Markets, Healthcare, Amazon, Google, Trump, Facebook, Reading, Fed, The Locations: AFP, New York, London

☆ The Fed’s long-awaited rate cut is colliding with presidential politics
▼ + stars: | 2024-09-18 | by ( Kayla Tausche | ) edition.cnn.com time to read: +7 min

Vice President Kamala Harris called the rate cut “welcome news,” while former President Donald Trump suggested, without evidence, that the decision could be politically motivated. With less than 50 days until Election Day, another question has emerged: Will the rate cut matter to voters? In fact, they already have – mortgages are based on bond yields, which have fallen in recent weeks in anticipation of a rate cut. Harris responded to the rate cut by saying she’s focused on bringing down prices. This story has been updated with reaction to the Fed’s rate cut announcement.

Persons: Biden, Joe Biden, Ukraine —, ’, —, “, ” Biden, Kamala Harris, ”, Donald Trump, Zoila Sanchez, CNN’s John King, ” Sanchez, King, ” Homebuyers, Powell, Jason Furman, Barack Obama’s, “ It’s, ” Furman, George H, Bush, Bill Clinton’s “, –, Clinton, Aaron Klein, ” Klein, Harris, she’s, Trump, they’re, ” Trump, Steve Moore, Powell sanctimoniously, ” Moore, ” Powell, Moore Organizations: CNN, Reserve, White House, Economic, of Washington, Financial, St, Louis Federal Reserve, Brookings Institution, “, Biden, Fed, SPAN Locations: trillions, Ukraine, Nevada, New York

☆ Putin is embarking on an aggressive hiring drive to rejuvenate Russia's army. But he can't sustain it, experts say.
▼ + stars: | 2024-09-18 | by ( Kwan Wei Kevin Tan | Mia Jankowicz | ) www.businessinsider.com time to read: +6 min

On Monday, Putin ordered the army to increase its troops by 180,000, per a decree published by the Kremlin. This will raise the overall number of Russian military personnel to 2.38 million people, with 1.5 million of them being active soldiers. AdvertisementThe gear coming off the production line "will still be substantial," Reynolds told BI in an interview on Wednesday. Russia has "adapted much better than predicted to some of the pressures it's been put under," Reynolds told BI. Other experts BI spoke to said that while Putin might still be able to grow Russia's army, it may only add more strain to the already-stretched Russian labor force.

Persons: —, Vladimir Putin, Putin, Nick Reynolds, Reynolds, That's, It's, it's, Artem Kochev, Kochev, Benjamin Hilgenstock, Jeremy Morris Organizations: Service, Kremlin, Business, International Institute for Strategic Studies, Royal United Services Institute, Vienna Institute for International Economic Studies, Kommersant, Kyiv School of Economics Institute, Bloomberg, Russian Armed Forces, Aarhus University Locations: Russia, China, India, Ukraine, Moscow

☆ The Federal Reserve just cut interest rates by a half point. Here's what that means for your wallet
▼ + stars: | 2024-09-18 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

"Interest rates took the elevator going up, but they'll be taking the stairs coming down," he said. That makes paying down high-cost credit card debt a top priority since "interest rates won't fall fast enough to bail you out of a tight situation," McBride said. "Many Americans have been holding off on making vehicle purchases in the hopes that prices and interest rates would come down, or that incentives would make a return," Caldwell said. Student loansFederal student loan rates are also fixed, so most borrowers won't be immediately affected by a rate cut. Eventually, borrowers with existing variable-rate private student loans may be able to refinance into a less expensive fixed-rate loan, he said.

Persons: Spencer Platt, APRs, McBride, they'll, Jacob Channel, Jessica Caldwell, Edmunds, Caldwell, Mark Kantrowitz Organizations: Getty, Treasury, Auto, Fed Locations: New York City, Edmunds

☆ Why are we still talking about cat memes in the 2024 campaign?
▼ + stars: | 2024-09-18 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

CNN —Far be it from anyone to identify a defined strategy in the cat memes that have overtaken the American political conversation in a pivotal election year. Never mind the state’s Republican governor, who also counseled against a campaign visit, called out state troopers to city schools to ease concern about scores of bomb threats. Intentional or not, the insult cued a new round of stories about how the Trump campaign doesn’t seem to mind turning off women voters. Women voters have shifted away from Trump since Harris entered the race, according to polls. “Every time I do a focus group with swing voters, they bring up JD Vance talking about childless cat ladies.

Persons: “, Donald Trump’s, Ramaswamy, Vivek Ramaswamy, Roberto Schmidt, Sarah Huckabee Sanders, Kamala Harris, Sanders, Harris, ” Harris, Kristen Soltis Anderson, ” That’s, Harris ”, Anderson, Trump, Sen, JD Vance, Harry Enten, we’ve, Enten, Nicky Jam, He’s, Taylor Swift’s, Billie Eilish’s, Lance Trover, Doug Burgum, Trover, “ I’m, ” Trover, it’s, ” Anderson, Vance, Sarah Longwell, CNN’s Jake Tapper, “ I’ve, ” Longwell Organizations: CNN, Republican, he’d, AFP, Getty, Arkansas Gov, Trump, New York Times, Siena College, Puerto, Pennsylvania doesn’t, North Dakota Gov, The New York Times, Trump Republican Locations: Ohio, Springfield, Springfield , Ohio, Michigan, Puerto Rican, Las Vegas, Philadelphia, Pennsylvania

☆ A 71-year-old champion sprinter didn't start until she was 57. She shared 4 tips for getting fit at any age.
▼ + stars: | 2024-09-18 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

Hanna, based in Washington State, told Business Insider that when she got the "god-inspired" urge to start sprinting, she turned to her husband for help. By 2011, Hanna was fast enough to compete in the Washington State Senior Games, a sports competition for people over 50. The next year, she competed at the National Senior Games, which she has done three more times since. Hanna and her coach, Marcus Chambers, after she won gold at the 2024 Senior Games. Hanna won gold in the four by 100 metres with her relay team at this year's National Senior Games.

Persons: —, Madonna Hanna, Hanna, hasn't, Marcus Chambers, it's, you've, Nathan K, Robert, Arlene Kogod, Bryan Goldberg, Mike Molloy Organizations: Service, Business, Washington State Senior Games, National Senior Games, Washington State, British, of Sports Medicine, Aging, Mayo Clinic, Senior Games Locations: Washington State

☆ A Navy SEAL unit that killed Osama bin Laden may be training Taiwanese forces to defeat a possible Chinese invasion, experts say
▼ + stars: | 2024-09-18 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +9 min

Read previewAn elite Navy SEAL unit may be preparing Taiwanese forces for reconnaissance operations and missions to repel a Chinese invasion, retired Navy officers said after a report said the unit had been training for such an eventuality for over a year. AdvertisementAccording to three retired Navy officers, the unit may be training Taiwanese soldiers to fight back against China should it invade Taiwan. One, he told BI, "is training Taiwanese forces in reconnaissance and perhaps direct attack, focusing on missions that might be required to defeat a Chinese invasion." "Naval reconnaissance forces would locate Chinese forces for long-range attacks," he said, adding: "They might also launch attacks against offshore ships or shipping in Chinese ports." Reports have already given clues as to how the US is preparing for a possible Chinese invasion of Taiwan.

Persons: —, Osama bin Laden, Mark Cancian, Bradley Martin, Sam Tangredi, Graeme Thompson, Joe Biden, Samuel Paparo, Martin, Cancian, Daniel Ceng, Phil Davidson, Davidson, Feng Hao, Paparo, Frank Kendall, Kendall Organizations: Service, Navy SEAL, Financial Times, Business, Navy, Marine, Center for Strategic, International Studies, US Navy, Getty, Eurasia Group, Wall Street Journal, Reuters, International Institute for Strategic Studies, Pacific Command, Washington Post, Congressional Research Service, Senate Armed Services Committee, Theater Command, PLA, China Military, Anadolu, American Enterprise Institute, Institute for, Japan's Nikkei, RAND Corp, US Air Force, Air & Space Forces Association Locations: Virginia, Taiwan, Afghanistan, Yemen, Syria, Somalia, Pakistan, China, People's Republic of China, Pingtung County, AFP, Washington ,, Australia, United States, Taichung, Anadolu, Pacific

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