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Read previewLast Friday, Vice President Kamala Harris and her running mate, Minnesota Gov. AdvertisementTrump can't take Arizona for grantedBefore Biden won Arizona in 2020, it last voted for a Democratic presidential nominee in 1996. AdvertisementHowever, for Trump, a Harris win in Arizona would be a huge blow in his attempts to win a second term. Biden's 2020 victories in Arizona, Georgia, and Nevada — as well as his wins in Michigan, Pennsylvania, and Wisconsin — effectively cut off Trump's path to victory that year. Should Harris neutralize the border security issue — a feat that seemed unimaginable when Biden was still the presumptive nominee — it'll give her a major opening to win Arizona.
Persons: , Kamala Harris, Tim Walz, It's, Donald Trump, Joe Biden's, Harris, Trump, it's, Greg Abbott —, Biden, scrambles, Biden's, Democrat Mark Kelly, Katie Hobbs, Donald Trump's, Mario Tama, — it'll Organizations: Service, Minnesota Gov, Democratic, State, Business, Trump, Arizona, Republican, Texas GOP Gov, Biden, Republicans, Central America, Democrat, White House, GOP, Locations: Glendale , Arizona, Phoenix, Mexico, New York, Chicago, California, Central, Arizona, Nevada, Georgia, Arizona's, Arizona , Georgia, Michigan , Pennsylvania, Wisconsin
—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: DVN, Katie Stockton Organizations: Devon Energy, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: Devon
No, it wasn’t a recreational golfer out for an early 18 holes; it was nine-time PGA Tour champion Matt Kuchar, the only golfer in the field at the Wyndham Championship who hadn’t finished the tournament on Sunday. Less than 12 hours earlier, Kuchar baffled onlookers when he marked his ball in the 18th rough and walked off the course. “Sorry that you guys had to come out this morning,” Kuchar said sheepishly. Kuchar said he thought Greyserman still had a chance to win the tournament and believed that his stopping would prompt Greyserman to follow suit. By finishing in a 10-way tie for 12th place, Kuchar was paid $134,695, nearly double what he would have been paid if he had bogeyed the final hole.
Persons: Matt Kuchar, hadn’t, Kuchar, Max Greyserman, Chad Ramey, Greyserman, Aaron Rai, Ramey, ” Kuchar, , Max, Organizations: CNN, Country, Wyndham Championship, PGA, Wyndham, Communications Locations: Greensboro , North Carolina, Paris
China has become one of the world’s most competitive sporting nations in recent decades, seeing its Olympic performance as a symbol of national strength. In 2008, it topped the gold medal table at the Beijing Games, surpassing the US for the first time. In Paris, the Chinese team appeared on course to top the medal table as it built up a sizable early lead over Team USA, thanks to its domination in shooting and diving. On microblogging site Weibo, the hashtag “China tied for first place on the gold medal leaderboard” became the top trending topic, racking up more than 500 million views. “We won every gold medal square and fair!” said a top comment with over 28,000 likes.
Persons: , , , , WADA, CHINADA, Erriyon Knighton, Knighton, ” “ Organizations: Hong Kong CNN, US, Beijing Games, Team USA, Soviet Union, Times, Olympics, Communist Party, Tokyo, Doping Agency, Tokyo Games, New York Times, ARD, Games, Embassy Locations: Hong Kong, China, United States, Paris, Soviet, Weibo, Taiwan, Taipei, British, Beijing, Washington, CHINADA, Los Angeles, USA
The Court of Arbitration for Sport on Monday rejected USA Gymnastics’ request to reopen the case into the Olympic gymnastics women’s floor exercise scoring, one day after the International Olympic Committee said Jordan Chiles’ bronze medal would be reallocated to Ana Bărbosu of Romania. AdvertisementThat led the International Gymnastics Federation to amend its floor exercise standings, dropping Chiles to fifth, and prompted the IOC to adjust its medals accordingly. USA Gymnastics, however, said Sunday it received video evidence showing the coach, Cecile Landi made the appeal 47 seconds after Chiles’ score was posted — 13 seconds within the window — and it submitted the evidence to CAS for review. But Landi submitted an inquiry to challenge the difficulty score of Chiles’ routine. Its ruling invalidated Chiles’ score.
Persons: Jordan Chiles ’, Ana Bărbosu, Chiles, , Cecile Landi, Bărbosu, Sabrina Maneca, Landi, Alex Gottschalk Organizations: Sport, Monday, International Olympic, International Gymnastics Federation, IOC, USA, Swiss, Tribunal, Swiss Federal Tribunal, Jordan Locations: Romania, Romanian
PARIS — The United States and China each won 40 gold medals, in the first Summer Games draw in Olympics history, with America pulling into a tie Sunday with victory in the last event, women’s basketball. But then San Diego native and decorated cyclist Jennifer Valente bailed out the United States by defending her gold in the women’s omnium. Gold medalist Noah Lyles of Team United States celebrates on the podium during the Men's 100m medal ceremony at the Olympics in Paris, on Aug. 5, 2024. The United States still came out with the most overall medals, taking home 126 from Paris 2024. The United States hasn’t failed at winning the most medals since 1992 when the “Unified Team,” athletes from the former Soviet Union republics, won 112 medals, 45 gold.
Persons: China’s Li Wenwen, could’ve, Yuka Kagami, Jennifer Valente, Noah Lyles, Cameron Spencer, United States hasn’t, Simone Biles, Jamie Squire, France's Anastasiia, Katie Ledecky, Germany's Isabel Gose, Jonathan Nackstrand, Frenchman Leon Marchand, Summer McIntosh, Lee Kiefer of, Lauren Scruggs, Eleanor Harvey, Patrick Smith, David K, Li, Sean Nevin Organizations: PARIS, America, France, Chicago, Kennedy Blades, Team United, States didn't, United, “ Unified, Soviet, Olympic Games, Bercy Arena, Getty, Paris La Defense, Lee Kiefer of Team United States, Team United States, Team Canada, Grand Palais Locations: United States, China, Japan, Italy, San Diego, Paris, U.S, States, Beijing, Norway, Germany, Soviet Union, Barcelona, Tokyo, Rio, London, Nanterre, AFP, Grand, France, Israel, Ecuador, Kyrgyzstan, Republic of Moldova, Soviet Republic
PARIS — Two-time WNBA champion A'ja Wilson scored 21 points as the United States survived an unexpectedly close contest from host France, winning 67-66 for their eighth straight Olympic gold medal in women's basketball on Sunday. The U.S. women last lost in Olympic play when they failed to bring home gold in 1992. But after France drew a foul and Cooper made both free throws, a last-minute shot by Williams was not enough. "The dynasty we've built here at USA Basketball has been incredible," Wilson said in a postgame interview. For the first time in Olympic history, the gold medal games in both the men’s and women’s basketball tournaments were between the same nations.
Persons: A'ja Wilson, Kahleah Cooper, Wilson, Breanna Stewart, Kelsey Plum, Gabby Williams, Cooper, Williams, Williams —, , Diana Taurasi, Sue Bird, David K, Li, Susan Baek Organizations: PARIS, France, Bercy Arena, U.S, Fauthoux, Chicago Sky, Seattle Storm, USA Basketball, WNBA, Team USA Locations: United States, U.S, France, Paris, New York
Paris CNN —Team USA’s women’s basketball team only just held off France to win the gold medal on Sunday, escaping with a 67-66 win that was just inches away from being sent into overtime. Team USA takes home its eighth straight gold medal in Olympic women’s basketball. But the stars on Team USA fought back to level the game heading into halftime. But when Team USA wanted to get going, it could. The French fans celebrated – but then the Team USA bench began to jump and hug.
Persons: USA’s, France’s, Gabby Williams, Williams, Emmanuel Macron, Kelsey Plum, A’ja Wilson, Plum, Wilson, USA’s sloppiness, Breanna Stewart, Fauthoux, Johannes, Cooper Organizations: Paris CNN —, Team USA, Bercy Arena, USA, France, Las Vegas Aces, WNBA Locations: France, USA, Barcelona
Paris CNN —It’s the final day of the Summer Olympics and the USA and China have tied in the overall gold medal rankings from these 2024 Summer Olympics. While Team USA is far ahead in the total medal rankings with 126 in Paris, it went into the last competition of the Games trailing China in the gold medal race by one. The Asian nation finished with 40 gold medals, and the US had 39 entering the final event – the women’s basketball gold medal game between Team USA and France. Team USA would win that game in dramatic circumstances, leading to a tie in the gold medal standings. In 2021, Team USA took the overall gold medal race by one, with 39 to China’s 38.
Persons: Paris CNN —, , Cheryl Reeve, it’s, Jennifer Valente, Li Wenwen Organizations: Paris CNN, Summer, USA, Games, China, Team USA, US, Italy, Italians Locations: USA, China, Paris, France, American, Tokyo
Read previewThis as-told-to essay is based on a transcribed conversation with Pranshu Dwivedi, 35, from New Delhi, about quitting his job at Goldman Sachs to be a stay-at-home dad. Business Insider verified his employment at Goldman Sachs with documentation. I joined Goldman Sachs as an intern in 2011, and in 2012 I got a full-time job as an analyst working in their Bengaluru office. AdvertisementI loved my experience at Goldman Sachs. I joined Goldman Sachs full-time in 2012, working on the equity research team.
Persons: , Pranshu Dwivedi, Goldman Sachs, Goldman, I've, Hong Kong Goldman, We'd, wouldn't, She's, I'm, there's Organizations: Service, Goldman, Business Locations: New Delhi, Bengaluru, Hong Kong, Delhi, India
The now-viral video cuts between Walz, holding his phone on a chair, and Harris, sitting in an office. Moreover, it's an aesthetic that could squarely appeal to the very voters Harris needs, experts told Business Insider. "Tim Walz is one of the few politicians who looks good in casual wear and also looks natural in it," Guy told Business Insider. Tom Williams"When he does the folksy thing, he's actually at the upper bound of folksy, and when he's in a suit he's in the lower bound of suit," Higonnet said. A perfect foil to Harris' polishThe Harris campaign is counting on Walz to court voters associated with the clothing he wears, particularly those hailing from the Blue Wall states of Michigan, Wisconsin, and Pennsylvania.
Persons: , Kamala Harris, Tim Walz, Walz, Harris, LL, Derek Guy, Guy said, Guy, Donald Trump Jr, Walz doesn't, he's, Anne Higonnet, Tom Williams, Higonnet, they're, San Francisco, Donald Trump, JD Vance, Gwen, Vance Organizations: Service, Business, . Star Tribune, Getty, Barnard College, Democrats, Multicultural, Star Tribune, Yale Law School Locations: Minnesota, Michigan , Wisconsin, Pennsylvania, Francisco, New York, San, San Francisco and New York, America
AdvertisementIntroducing the Instagram 'Mythical Reel Pull'A few other comments describe the man's post as a "Mythical Pull." AdvertisementThe comments on one Instagram post identify it as a "Mythical Reel Pull." 'Mythical Reel Pulls' aren't always positive for the postersI know that some of the people posting the Mythical Reel Pulls are not having a positive experience. For some reason, which I have yet to come up with a suitable explanation for, Instagram comments are far, far meaner than TikTok comments.) Moskowitz recently wrote about how the WTF-ness of Mythical Reel Pulls is a kind of zen koan.
Persons: Algorithm's, Instagram, Adam Mosseri, it's, Meta, couldn't, It's, blankly, P.E, Moskowitz Organizations: Service, Business Locations: Wyoming
Read previewI've always been a commitment phobe and was never interested in getting married. Getting pregnant changed how I felt about commitmentBy that point, Sam and I had been together for eight years. Courtesy of Melissa NobleWe've now been married almost 10 yearsAt the very end, it said, "You're the girl of my dreams. AdvertisementGetting pregnant changed my headspace about marriage and helped me think of the future differently. The formality of being married did make a difference, and almost 10 years on, we're still going strong.
Persons: , Sam, I'd, didn't, I've, Let's, Sam's, Port Phillip Bay, satchel, He'd, Melissa Noble's, Melissa Noble We've, we're Organizations: Service, Business Locations: Black Rock, Melbourne, Port Phillip, Gold
Sophia Smith scored in extra time against Germany in the semifinals to advance to the gold medal match. A win would clinch their fifth Olympic gold medal. Bercy Arena in Paris will be loud as the home crowd looks to push France to its first gold medal. The men’s 800m, women’s javelin, women’s 100m hurdles, men’s 5000m and women’s 1500m are the other events to cap off the Paris athletics competition. #ParisOlympics 📺 NBC & Peacock pic.twitter.com/ZM6qaYCQOw — NBC Olympics & Paralympics (@NBCOlympics) August 9, 2024Sha’Carri Richardson has her gold medal.
Persons: USWNT, Trinity Rodman, Emma Hayes, Sophia Smith, Hayes ’, Rodman, Smith, Mallory Swanson —, Mallory Swanson, Sophia Smith & Trinity Rodman, @teamusa @USWNT, It’s, Marta, Stephen Curry, LeBron James, Steph Curry, Guerschon Yabusele, Isaia Cordinier, Victor Wembanyama, Joel Embiid, Les, Embiid, Gianmarco, Patrick Smith, Sydney McLaughlin, she’s, Quincy Wilson, Quincy Hall, Mutaz Barshim, Victor Montalvo, Victor, , Houston’s Jeffrey Louis, , Jeffro, Louis, Lydia Ko, Pierre, Philippe Marcou, United States ’ Rose Zhang, Miyu Yamashita, Metraux, Nelly Korda, Zhang, SHA’CARRI RICHARDSON Organizations: Paris Olympics, Stade de France, NBC, Telemundo, women’s, Trinity, Japan, Germany, Brazil, Sophia Smith &, France, Bercy, U.S, NBA, Quincy, Olympic, Paris, Florida, Getty, Le, United, Team Locations: U.S, Paris, Brazil, United States, France, Serbia, Qatar, Italy, Tokyo, American, AFP
It’s that “interconnectedness” that makes Māori ideal stewards of Aotearoa New Zealand, Parkin-Rae says. Whenua (Land)The work at Oaro River is part of a reforestation and predator control project led by Te Rūnanga o Kaikōura, a Māori tribal council in Kaikōura. Thomas Kahu, left, and Wiremu Stone are both descendants of Paikea the whale rider and work for Whale Watch Kaikōura. A Whale Watch Kaikōura boat full of tourists viewing sperm whales off the coast of South Island, New Zealand. Alaa Elassar/CNN“Incorporating te ao Māori (the Māori world) into our work is valuable to all of Aotearoa.
Persons: , New Zealand CNN — Justin Parkin, Rae, Te Waipounamu, Tamati, ” Wikiriwhi, Parkin, Justin Parkin, Alaa Elassar, Ngāti, Ngāi Tahu, , , , Te, Rawiri, kawau, toto, ā roto, it’s, ” Parkin, Thomas Kahu, Kahu, Tim Clayton, Corbis, ” Kahu, Māori, Wiremu Stone, Takoko, ” Takoko, ” Rangi, Daniel Gaussen, Aoraki Mackenzie, Sanka, ” Gaussen, CNN Mikey Ratahi, ” Ratahi, Gaussen, ” Kaitiaki, Kaikōura, Elassar, tangata whenua, don’t, it’ll Organizations: , New Zealand CNN, New Zealand, CNN, CNN Aotearoa New Zealand’s Ministry, Environment, Aotearoa New Zealand, Rawiri Manawatu, Manawatu, Aotearoa New, Whale Watch, Aotearoa New Zealand’s Department of Conservation, CNN Whale Watch, Conservation International Aotearoa, Pacific Whale Fund, Ocean Initiative, Aoraki, Sky Reserve, Southern, Sky Resource, University of Canterbury, Ministry Locations: , New Zealand, New, Māori, Aotearoa, Alaa, CNN Aotearoa, Ngāi, Aotearoa New, Oaro, Te Rūnanga, Kaikōura, Rūnanga, ” Moana, Aotearoa New Zealand, South Island , New Zealand, wonderment, Mackenzie, Lake Takapō, Mana, Wai, Zealanders,
Lithuania's Dominika Banevič, known as Nicka, at La Concorde in Paris on Friday. Lithuania's Dominika Banevič known as Nicka, Japan's Ami Yuasa known as Ami, and China's Liu Qingyi known as 671 at La Concorde in Paris, on Friday. Odd Andersen / AFP - Getty ImagesUsually the Place de la Concorde is a busy traffic intersection. Team USA's Logan Edra, known as Logistx, competes in the breaking round-robin at the Olympics in Paris, on Friday. On Saturday, USA's B-Boys Victor and Jeffro will be among the athletes competing in the men's try of Olympic breaking, wrapping the sport's Paris showing.
Persons: Japan’s Ami, Lithuania's Nicka, Ami, Nicka, Dominika, Odd Andersen, Elsa, Getty, India —, Japan's Ami Yuasa, China's Liu Qingyi, La Madeleine, Malik, , Sunny, Logistx, USA's Logan Edra, It’s, Ava Rodriguez, Rodriguez, Alison Palaia, Eric Quinlan, , Quinlan, “ We’ve, Palaia, , USA's, Boys Victor, Jeffro, Alexander Smith, Rebecca Cohen Organizations: PARIS, La Concorde, AFP, Getty, Team USA, China's, Team United States, Nicka, Concorde, La, U.S, Los Angeles Games, Olympics, Boys Locations: Japanese, Lithuanian, Paris, Bronx, New York City, Netherlands, India, Carlota, Luxor, France, America, Norwalk, Conn, U.S,
"Beast Games" was part of a celebrity-studded slate Amazon presented at its TV upfronts debut in May. Despite being a dominant spender on entertainment content, Prime Video has faced questions about its popularity with viewers. A second Amazon insider said producers were already talking about making a Fyre Fest-like documentary about "Beast Games." Advertisement"All you do is go through worst-case scenarios and work backwards from there," the second Amazon insider said. But Mike Hopkins, SVP of Prime Video and Amazon MGM Studios, is all over the situation, two Amazon insiders said.
Persons: , Jimmy Donaldson, it's, Jennifer Salke, Jimmy, Salke, Donaldson —, Donaldson, Dave Kotinsky, Burger, Donaldson's, Matthew Hiltzik, couldn't, Puck, Mike Hopkins Organizations: Service, YouTube's, Amazon, Amazon MGM Studios, Business, Beast, New York Times, Times, Prime, Ampere Analysis, Reuters Locations: New Jersey, Vegas
See our picks for the best debt consolidation loans »PenFed Personal Loan FeaturesPenFed Credit Union Personal Loan amounts range from $600 to $50,000. For example, Navy Federal Credit Union Personal Loan amount range is $250 to $50,000, and the range for Connexus Credit Union Personal Loan is $2,500 to $25,000. PenFed Personal Loan Pros and ConsPenFed Credit Union Personal Loan ProsWide range of loan amounts. PenFed Personal Loan ConsYou have to be a member to get your loan. Yes, PenFed Credit Union is a legitimate credit union federally insured by the National Credit Union Administration.
Persons: Coborrowers, you've, You'll, Formally, PenFed, Ryan Wangman, Read, Elias Shaya, Elias Organizations: PenFed Credit Union, PenFed, Pentagon Federal Credit Union, Navy Federal Credit, Connexus Credit, you'll, Social, PenFed Credit, National Credit Union Administration, Better Business, Chevron, Navy Federal Credit Union, Navy Federal, Department of Defense, Connexus Credit Union Connexus Credit Union, Connexus Association, Credit Union, Better Business Bureau, Finance, Northwestern University, Boston Globe Locations: PenFed, Chevron, Wisconsin , Minnesota, Ohio, New York City
LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. Amazon completed in March a $4 billion investment in Anthropic. As part of the deal Amazon will make Anthropic’s powerful large language models available on its Bedrock platform for building generative AI applications. An Anthropic spokesperson told CNBC: “We are an independent company. The CMA is separately scrutinizing U.S. software giant Microsoft’s multibillion-dollar partnership and investment in AI giant OpenAI.
Persons: Anthropic, Anthropic “, , Matt Calkins, Appian, ” Calkins, you’ve, Organizations: Markets, CMA, Amazon, CNBC, Microsoft, U.S . Federal Trade Commission, Google, Big Tech Locations: U.S, Anthropic
Chesnot | Getty ImagesLONDON — E-commerce giant Amazon's multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. As part of the deal Amazon will make Anthropic's powerful large language models available on its Bedrock platform for building generative AI applications. "By investing in Anthropic, Amazon, along with other companies, is helping Anthropic expand choice and competition in this important technology. Amazon's spokesperson added that the company will continue to make Anthropic's models available to customers via Bedrock. "We welcome the opportunity to cooperate with the CMA and provide them with a comprehensive understanding of Amazon's investment and our commercial collaboration."
Persons: Dario Amodei, Anthropic Organizations: Getty, Markets, CMA, Amazon, CNBC, Microsoft, U.S . Federal Trade Commission, Google Locations: Chesnot, U.S, Anthropic
Where voters place their blame — and specifically whether it falls on Vice President Kamala Harris — could be one of the defining factors of the presidential election. Early polling suggests that Harris won't be able to entirely shed the blame that President Joe Biden has received for inflation. If Harris can avoid some of the blame Biden received for rising prices, it could improve her chances of winning over crucial swing state voters, Traugott said. However, Sarah Foster, a Bankrate analyst, thinks some voters could shift much of their frustrations about rising prices from Biden to Harris. To be sure, it's up for debate how much Biden, Harris, or even Trump are deserving of blame for the rising prices of the past few years.
Persons: , Kamala Harris —, Harris, Joe Biden, Donald Trump, Biden, she'd, Michael Traugott, Kamala Harris, Trump, Traugott, Evan Roth Smith, Blueprint's, Semafor, Elizabeth Pancotti, Sarah Foster, It's, Joseph Stiglitz, University of Michigan's Traugott Organizations: Service, Business, Trump, Democratic, University of Michigan, Republicans, Biden —, Roosevelt Institute, New York Times, Biden, FOX Business, University of Michigan's
Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, U.S., July 31, 2024. It requires steady leadership — the kind President Trump delivered for four years." Trump published at least nine separate posts on Truth Social Monday, blaming the stock market slump on the administration's policies under President Joe Biden and Harris. "THIS IS THE TRUMP STOCK MARKET," Trump wrote in an all-caps Truth Social post, "BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP." "Former President Trump is the first to do that," Zandi added.
Persons: Donald Trump, Kamala Harris, Harris, Kamala, KAMALA, Trump, Ohio Sen, JD Vance, Joe Biden, Dow, Biden, Mark Zandi, Zandi Organizations: Republican, Dow Jones, Dow, Federal Reserve, Trump, Democratic, TRUMP, CNBC, BIDEN, WIN, Voters Locations: Harrisburg , Pennsylvania, U.S
In the final hours of her search after a compressed vetting period, Harris narrowed in on two candidates — Pennsylvania Gov. Tim Walz, 60, sources told CNN, although Arizona Sen. Mark Kelly remained in the running as of Monday afternoon. But perception is often as important as reality in a presidential race. A critical choiceThe choice of a running mate is the first, most critical decision a party nominee makes. Still, Harris’ strong start appears to have restored the election to a neck-and-neck race, according to recent surveys.
Persons: Kamala Harris, Donald Trump flailing, Harris, Joe Biden’s, Josh Shapiro, Tim Walz, Arizona Sen, Mark Kelly, Shapiro, Walz, Trump, Biden, Harris ’, White, Barack Obama, Republican John McCain, Ismail Haniyeh, Israel’s, Benjamin Netanyahu, Jake Auchincloss, , CNN’s Kasie Hunt, Harris Trump, Kamala, , it’s, Ohio Sen, JD Vance, Sarah Palin, , don’t Organizations: CNN, Republican, Minnesota Gov, Democratic, Trump, Dow Jones, US, Federal Reserve, Biden, United States ., Israeli, Massachusetts Democrat, Ohio, Democratic National Convention, White Locations: Philadelphia, Arizona, Wisconsin, Michigan, Israel, United States, Iraq, Iran, Tehran, Gaza, Massachusetts, Chicago, Atlanta, Pennsylvania
The markets are in turmoil, but you know what you’re supposed to do now, right? Let’s all take a deep breath, tie our hands behind our backs and say it together: We will not sell stocks in a panic. Many of the people who are trading today are professional investors of various sorts. Here’s a dirty little secret about, say, hedge funds: All of their trading in reaction to world events doesn’t lead most of them to do better than sticking their money in an index fund that tracks the stock market. Remember, much of the money you have in the stock market is probably for retirement anyhow.
Persons: It’s Organizations: Mutual
Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. "The market got a little bit ahead of itself in that run-up that it's had. Soon, traders began pricing in aggressive Fed rate cuts after expecting the central bank to do little the rest of the year. "This is the confluence of a very high market that has been soaring and riding on a lot of sentiment and emotion. For several months now, the momentum trade has been the successful trade," said Michael Farr, CEO of Farr, Miller & Washington.
Persons: Spencer Platt, Robert Teeter, it's, John Belton, , Kamala Harris, Republican Donald Trump, Michael Farr, Farr Organizations: New York Stock Exchange, Getty, Federal Reserve, Silvercrest Asset Management, Dow Jones, Labor Department, Gabelli, Bank of Japan, Nvidia, Democratic, Republican, Miller & Washington Locations: New York City, cumulatively, Ukraine, U.S
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