DIRS.INFO The most relevant business & tech news

☆ Sharing the mental load: Men are talking about how they can take part
▼ + stars: | 2023-11-13 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +9 min

But slipping into habits like these can leave one partner feeling as if they are carrying the bulk of the mental load, he said. The father and content creator based in Marlborough, Massachusetts, has been sharing his experiences trying to divide the mental load — those tasks that take planning, preparation and keeping track to maintain the family — more equally with his wife. Men are starting to hold themselves accountable, and like Watson, going online to teach other men to take on more of the mental load. So many of them say, ‘This is exactly why I divorced my husband,’” referring to the inequality of the mental load one partner can experience in keeping a relationship or family going. “If mental load is universally understood, accepted and appreciated, I think we will live in a very different world,” Watson said.

Persons: CNN — Zachary Watson, ”, “, ’ ” Watson, Alyssa, Watson, ’, Eve Rodsky, Rodsky, Will, it’s, ” Rodsky, you’ve, ” Watson, Paige Bellenbaum, Bellenbaum, “ Let’s Organizations: CNN, Play Locations: Marlborough , Massachusetts, New York City, “

☆ Travel news: Escape the crowds at these affordable alternatives to hot spots
▼ + stars: | 2023-11-11 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Get the latest news in aviation, food and drink, where to stay and other travel developments. They’re all shooting up Expedia’s search rankings, too, which means you might want to get there before everybody else does. Making tracksIndonesia launched Southeast Asia’s first bullet train last month, a $7.3 billion train line that connects two of its largest cities, Jakarta and Bandung. And in Austria, state railway ÖBB has unveiled a 33-strong fleet of night trains that will debut next month. England was the birthplace of railways, back in 1825, but almost 200 years later, the country’s train industry is in turmoil.

Persons: Expedia, Martin, Copenhagen’s Noma, Le Gavroche, Julie Balzano, ”, Rodney Hodgins, CNN Tom Stuker, Here’s Organizations: CNN, Michelin, Nashville, Passengers, Air Canada, Geographic Locations: Paros, Greece, Perth, Australia, Liverpool, Palermo, Sicily, Lisbon, Quebec City, Canada, Geneva, Switzerland, Memphis , Tennessee, Pattaya, Thailand, Bangkok, Taipei, Taiwan, Seoul, South Korea, Sapporo, Japan, Zermatt, Long, Miami, Colombia, Las Vegas, Indonesia, Southeast, Jakarta, Bandung, Austria, Britain, England, Korea

REUTERS/Mohammad Ponir Hossain/File photo Acquire Licensing RightsNEW DELHI, Nov 9 (Reuters) - Global fashion retailers including H&M (HMb.ST) and Gap (GPS.N) are committed to raising purchase prices for Bangladesh-made clothing to help factories there offset higher workers' wages, a U.S.-based association representing more than 1,000 brands said. Asked if they would raise purchase prices by the 5-6% that costs will rise, Stephen Lamar, chief executive of the American Apparel & Footwear Association (AAFA), told Reuters: "Absolutely". "We also renew our pleas for the adoption of an annual minimum wage review mechanism so that Bangladeshi workers are not disadvantaged by changing macroeconomic conditions." Low wages have helped Bangladesh build its garment industry, which employs about 4 million people. Retailers in the United States and Europe are the main buyers of Bangladesh-made clothes.

Persons: Mohammad Ponir Hossain, Stephen Lamar, Lamar, Sheikh Hasina, Hasina, Krishna N, Ruma Paul, Miral Organizations: The Civil Engineering, REUTERS, Labour, American Apparel & Footwear Association, Reuters, International Labour Organization, Abercrombie & Fitch, Bangladesh, Retailers, Thomson Locations: Dhaka, Bangladesh, DELHI, U.S, China, Vietnam, Cambodia, United States, Europe

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). If you've been thinking about getting a United credit card, now is the time to do it. United just boosted introductory offers on four popular credit cards, increasing each sign-up bonus by 10,000 additional United MileagePlus miles from its current rate. A free first and second checked bag can save you and a companion up to $320 round-tripCheck mark icon A check mark. Up to $125 in annual credits toward United® purchases can offset half the annual feeCheck mark icon A check mark.

Persons: —, you've, Here's Organizations: United Club, Service, United, FDIC, United ®, United Airlines, ℠, Card, Club, Free, TSA, Star Alliance Locations: United, Canada

☆ Cooks Beware: Olive Oil Is Getting a Lot More Expensive
▼ + stars: | 2023-11-08 | by ( Yusuf Khan | ) www.wsj.com time to read: 1 min

L’ALBI, Spain—Just off Central Park, chefs at one of New York’s hottest Italian restaurants are pondering how to handle surging prices for a vital ingredient: olive oil. Marea and other restaurants specializing in Mediterranean food are feeling the pinch as a drought in Spain, by far the world’s biggest producer, pushes up global prices. And with Americans pouring increasing quantities of olive oil onto their salads and into their frying pans in recent years, many households are likely to notice rising costs over time, too.

Persons: Spain — Locations: Spain

[1/5] Garment workers come out of a factory during lunch hours at the Ashulia area, outskirts of Dhaka, Bangladesh, November 8, 2023. A panel of factory owners, union leaders and officials agreed to the increase unanimously, said Siddiqur Rahman, the owners' representative. "We continue to recommend that the government of Bangladesh adopt an annual minimum wage review mechanism to keep up with changing macroeconomic factors," the letter said. In addition to the wage increase, the government has said that workers would be given a 5% annual increment. Babul Akter, president of the Bangladesh Garment and Industrial Workers Federation, urged global brands to pay more, saying: "There could be some problems for the owners to cope with the increased salaries."

Persons: Mohammad Ponir Hossain, Siddiqur Rahman, Rahman, Inditex, Hugo Boss, Fazlul Hoque, Hoque, Levi Strauss, Armour, Sheikh Hasina, Akter, Abdus Salam Murshedy, Murshedy, Krishna N, Ruma Paul, Miral Organizations: REUTERS, Rights DHAKA, Reuters, Inc, Knitwear Manufacturers, Association, Labour, Abercrombie & Fitch, Adidas, Puma, Bangladesh Garment and Industrial Workers Federation, Envoy Group, Walmart, Hasina's Awami League, Das, Thomson Locations: Dhaka, Bangladesh, DELHI, China, Zara, Ukraine, New Delhi

☆ How the cost of homebuying and selling will change after landmark court loss over real estate commissions
▼ + stars: | 2023-11-07 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +4 min

A recent jury verdict against the National Association of Realtors and large residential brokerages could upend the residential real estate industry. Here's what real estate agents, homebuyers and sellers need to know about potential changes in residential real estate economics. A bad time for bad news in real estateThe jury verdict comes at a time when many real estate agents are already feeling a pinch. At a time when home sales are already under pressure, "this lawsuit is just another punch in the gut for real estate franchises," said Bill Gross, a self-employed real estate broker associate in California with eXp Realty. Lawsuits focused on fees reinforce the general trend of trying to lower fees in the real estate market, Schipani said.

Persons: Max, Mike DelPrete, Bill Gross, there's, Keefe, Ryan Tomasello, Gilbert J, Schipani, we've, Glenn Kelman Organizations: National Association of Realtors, NAR, realtors, Max Holdings, Federal, University of Colorado Boulder, eXp Realty, Tempus Fugit, Compass Locations: Missouri, Kansas City, St, Louis, Springfield, Columbia, U.S, California

☆ UK grocery inflation in single digits for first time this year -Kantar
▼ + stars: | 2023-11-07 | by ( James Davey | ) www.reuters.com time to read: +3 min

Market researcher Kantar said annual grocery inflation was 9.7% in the four weeks to Oct. 29, down from 11% in last month's report. The Kantar data provides the most up-to-date snapshot of UK grocery inflation. Kantar said grocery sales in the four weeks to Oct. 29 rose by 7.4% compared with last year. Spending on promotions hit 27.2% of total grocery sales – the highest level since Christmas last year. UK supermarkets' market share and sales growth (%)Source: Kantar($1 = 0.8061 pounds)Reporting by James Davey Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Phil Noble, Kantar, Fraser McKevitt, Rishi Sunak, James Davey, Mark Potter Organizations: REUTERS, Bank of England, Barclays, Thomson Locations: Altrincham, Britain

☆ Canary Wharf may yet avoid once-a-decade upheaval
▼ + stars: | 2023-11-06 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

LONDON, Nov 6 (Reuters Breakingviews) - Canary Wharf tends to have a new owner every decade. A recent 300 million pound equity injection implies they will buck the trend. Brookfield and the QIA, which own the estate’s developer Canary Wharf Group through a 50-50 partnership, ostensibly look to be backing a losing horse. Factoring in all its assets on the Canary Wharf estate, Brookfield as of September valued it all at $6.1 billion, or 5 billion pounds – over 2 billion pounds more than what the duo put in eight years ago. Canary Wharf could be owned by highly leveraged, shallow-pocketed types.

Persons: –, Paul Reichmann’s Olympia, Morgan, Breakingviews, dory, George Hay, Oliver Taslic Organizations: Reuters, HSBC, HK, London Docklands, Qatar Investment Authority, Canary, York, Morgan Stanley, Jefferies, Reuters Graphics Reuters, Brookfield, Wharf Group, Thomson Locations: Brookfield, –, CWG, City, Wharf

☆ Euro zone recession fears harden
▼ + stars: | 2023-11-06 | by ( Jonathan Cable | ) www.reuters.com time to read: +3 min

LONDON, Nov 6 (Reuters) - The downturn in euro zone business activity accelerated last month as demand in the dominant services industry weakened further, a survey showed on Monday, suggesting there is a growing chance of a recession in the 20-country currency union. The economy contracted 0.1% in the third quarter, official data has shown, and Monday's final Composite Purchasing Managers' Index (PMI) for October indicated the bloc entered the final quarter of 2023 on the back foot. Services activity in Germany, Europe's largest economy, slipped back into contraction in October amid persistent weakness in demand while in France it shrank again. In another bright spot, investor morale in the euro zone rose more than expected at the start of November, with expectations for the future at their rosiest since early this year, Sentix's index showed on Monday. Policymakers there, who have failed to get inflation to target, will likely take some cheer from easing price pressures shown in the PMI survey, as both the input and output prices indexes fell from their September readings.

Persons: Adrian Prettejohn, Jonathan Cable, Hugh Lawson, Toby Chopra Organizations: PMI, P Global, Capital Economics, European Central Bank, Thomson Locations: September's, COVID, Germany, Europe's, France, Spain

☆ 17 Best Dress Shoes for Men, According to Style Experts
▼ + stars: | 2023-11-03 | by ( Leah Melclinton | ) www.wsj.com time to read: +8 min

The laces and classic body shape are characteristic of traditional men’s dress shoes, while the rugged rubber soles still make a statement with any formal outfit. “Good leather shoes are not an arena in which it pays to cut costs,” he says, recommending investing in “the pair of a decade” from this made-in-England favorite. (Crockett & Jones has regal and Hollywood credentials: the brand received a Royal Warrant of Appointment in 2017, and this is the style of dress shoes worn by Daniel Craig’s James Bond). Sleek sneakersThe key to dressed-up sneakers is finding a leather pair free of busy accents or logos. The style is “acceptable to wear with dress clothes,” confirms Los Angeles-based personal stylist Rayne Parvis, who advises people to wear these sneakers in place of brown lace-up dress shoes.

Persons: Leah Melby Clinton You’ve, Magnanni Marco, Jim O’Brien, O’Brien, Wes Sharpton, Cole Myers, ”, Jones, Daniel Craig’s James Bond, Nolan Beck, Rivera, suede Myers, Myers, cushioned, ’, ” Beck, Johnny Cash, Saint Laurent, “ They’re, Beck, Rayne Parvis Organizations: Huntington, Cleobella, Kansas, Monroe, Crockett, Chelsea Boots Locations: Huntington Beach, Calif, Catskill, N.Y, New York City, Paris, Kansas City, Mo, England, Polish, Richmond, Va, Montreal, French, Alsace, ”, Mexico, Nisolo, Los Angeles

☆ Cooling job market no reason for panic yet, economists say: 'It's a slowdown, not a collapse'
▼ + stars: | 2023-11-03 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Brown | Afp | Getty ImagesThe job market continues to show signs of cooling, but alarm bells aren't ringing just yet, economists said. The unemployment rate rose to 3.9% in October, from 3.8% in September, the BLS said. "There's almost no exception in this report: Every indicator suggests a slowing, slackening labor market," she said. "The days of explosive growth are gone, as the labor market shifts into healthier and more sustainable territory," said Noah Yosif, lead labor economist at UKG, a payroll and shift management company. The rise in the unemployment rate may also just be a sign that the extremely hot labor market is loosening a bit, Bunker added.

Persons: Frederic J, Brown, Julia Pollak, Pollak, Noah Yosif, Aaron Terrazas, Terrazas, Andrew Hunter, Nick Bunker Organizations: Afp, Getty, U.S . Bureau of Labor Statistics, BLS, Workers, Finance, Union, Capital Economics Locations: Los Angeles, U.S

☆ Opinion | Why Is Swearing So Much Fun?
▼ + stars: | 2023-11-01 | by ( Rebecca Roache | ) www.nytimes.com time to read: +2 min

Swearing can be so satisfying that it can help us withstand pain. As the linguists Keith Allan and Kate Burridge put it, the harmfulness of taboos “contaminates” certain words that refer to them, making those related words taboo, too. In prudish Victorian Britain, extremely lewd street names that had existed unproblematically throughout the country in the Middle Ages were bowdlerized. And in increasingly secular cultures the taboo around religious-themed words has waned. Consider, as Professors Allan and Burridge do, spilling salt, which was once both expensive and spiritually significant.

Persons: What’s, Keith Allan, Kate Burridge, ” Rhett Butler’s, Allan, Burridge Locations: Britain

Seager’s third two-run homer of the Series capped the second, Semien’s drive punctuated the third and Jonah Heim added an eighth-inning shot. Forty-two of 49 previous teams to take 3-1 leads have gone on to win the World Series. After leading the Los Angeles Dodgers to the 2020 title, he could join Sandy Koufax, Bob Gibson and Reggie Jackson as the only two-time World Series MVPs. After a World Series opened with three errorless games for the first time, Arizona’s defense cracked at an inopportune time. TWO-OUT THUNDEROnly the Boston Red Sox scored more runs with two outs in a World Series game, getting 11 in the 2007 opener against Colorado.

Persons: — Marcus Semien's, Corey Seager, Jonah Heim, Nathan Eovaldi, Zac Gallen, Miguel Castro's, Christian Walker —, Seager, Sandy Koufax, Bob Gibson, Reggie Jackson, Travis Jankowski, Adolis García, “ We’re, ” Seager, ” Andrew Heaney, José Leclerc, Lourdes Gurriel Jr, Chris Stratton, Tommy Pham, Gabriel Moreno, Torey Lovullo, Josh Jung, Joe Mantiply, Castro, Jung, Kyle Nelson's, Nathaniel Lowe, Luis Frías, Heim, Walker, Jankowski, Ryne Nelson, Ketel Marte, Max Scherzer, Ezequiel Durán, LHP Brock Burke, Burke, “, Evan Carter, Gallen, ___ Organizations: PHOENIX, Rangers, Arizona Diamondbacks, Diamondbacks, Senators, Chicago Cubs, Cleveland, Texas, AL, Los Angeles Dodgers, Arizona, Chase Field, Semien, Boston Red Sox, Colorado Locations: Texas, Arizona, Semien, Friday’s

☆ Early rally carries Rangers to 2-1 World Series edge
▼ + stars: | 2023-10-31 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

Despite the early exit of starter Max Scherzer, the Rangers grabbed a 2-1 lead in the best-of-seven series. Scherzer, facing his former team, had been struck by a ball hit up the middle by the Diamondbacks' Alek Thomas in the second inning. Jon Gray, who had been considered by Rangers manager Bruce Bochy to start Game 4, entered Game 3 in relief and earned the win. The Diamondbacks had the first real scoring opportunity of the game in the bottom of the second inning, when Christian Walker led off with a double. Jose Leclerc pitched a 1-2-3 ninth inning to earn his fourth save of the postseason for the Rangers, who finished with five hits.

Persons: Corey Seager's, Max Scherzer, Marcus Semien, Seager, Brandon Pfaadt, Scherzer, Alek Thomas, Jon Gray, Bruce Bochy, Gray, Christian Walker, Tommy Pham, Walker, Adolis Garcia, Garcia, Aroldis Chapman, Emmanuel Rivera, Geraldo Perdomo, Chapman, Corbin Carroll, Ketel Marte, Marte, Jose Leclerc, Jose M, Romero Organizations: Texas Rangers, Arizona Diamondbacks, Rangers, With Texas, Diamondbacks, Thomson Locations: Phoenix, With, Rivera, Arizona

☆ US second home sales slide in pandemic-era vacation hot spots
▼ + stars: | 2023-10-30 | by ( Amina Niasse | ) www.reuters.com time to read: +4 min

And as secondary home activity dwindles, some smaller housing-related businesses in leisure hot spots say they are feeling the pinch as well. “Services for existing rentals has grown, but services for larger ticket remodeling work on new vacation rentals has stopped," said Tim Allen, owner of Kopa Home Services, based in Flagstaff, Arizona. Allen has had to decrease unit prices in his separate vacation rental business, Local Vacation Team, to keep occupancy figures above market. For Flagstaff, that figure is 14%, according to data from AirDNA, a short-term rental data provider. "With the acceleration of the creation of vacation rentals during the pandemic, now if visitors are at 1,000, there are 3,000 rentals available,” he said.

Persons: Kevin Lamarque, ”, Chuck Tuttle, they’re, ” Tuttle, Tuttle, Tim Allen, Jessica Lautz, Allen, “, Amina Niasse, Daniel Burns, Bill Berkrot Organizations: REUTERS, National Association of Realtors, William, Hilton, Lake Havasu, Federal Reserve, Mortgage Bankers Association, realtors, “ Services, Kopa Home Services, NAR, Thomson Locations: Island , South Carolina, U.S, Lake Havasu City , Arizona, William Raveis, Cape Cod, Massachusetts, Lake, Lake Havasu City, Flagstaff , Arizona, Flagstaff, AirDNA

“Just trying to make the play,” Seager said. YOUNG AND CLEAN(UP)Texas' Evan Carter became the fourth-youngest player to hit cleanup in a World Series game at 21 years, 62 days. BEEN A WHILEThis was the first World Series game played at Chase Field since Nov. 4, 2001, when the Diamondbacks beat the Yankees 3-2 in Game 7 after Luis Gonzalez's walk-off hit against Mariano Rivera clinched the series. The D-backs lost Monday for the first time in the World Series at Chase Field. BIG SWINGThere have been 62 previous instances in World Series history when the series was tied at 1-1 after Game 2.

Persons: — Corey Seager, Max Scherzer, Scherzer, Adolis, “ We’re, ” Seager, “, Seager —, —, Brandon Pfaadt, Christian Walker, García, Jon Gray, Josh Sborz, Aroldis Chapman, José Leclerc, ”, Marcus Semien, “ Adolis, haven’t, ” Gray, Leclerc, Gray, Emmanuel Rivera, Chapman, Geraldo Perdomo, Corbin Carroll, Seager, Ketel, Marcus, Walker, Pfaadt, Tommy Pham, Tony Perezchica, Torey Lovullo, Alek Thomas, Josh Jung, Thomas, he'll, Evan Carter, Bruce Bochy, Carter, Miguel Cabrera, Ty Cobb, Juan Soto, Luis Gonzalez's, Mariano Rivera, Lovullo, “ Don Drysdale, “ It’s, ” Drysdale, of Famer Sandy Koufax, Bochy, ___ Organizations: PHOENIX, Texas Rangers, Arizona Diamondbacks, Chase, Diamondbacks, Chase Field, Ketel Marte, Rangers, Yankees, NEXT, Los Angeles Dodgers, of Famer, Dodgers Locations: Texas, Arizona, ” Texas, Semien, Southern California

ARLINGTON, Texas (AP) — Ketel Marte has the longest hitting streak in postseason history at 18 games after a two-run single in the eighth inning of Game 2 of the World Series. Marte already had the MLB record for the longest hitting streak to start a postseason career at 17 games. The Game 2 hit sent him past Derek Jerek and Hank Bauer of the New York Yankees and Boston's Manny Ramirez for the longest overall streak. After the single, Marte was hitting .333 with two home runs and 11 RBIs this postseason. The Cuban All-Star had homered in five consecutive postseason games and driven in a run in seven straight.

Persons: — Ketel Marte, Martín Pérez, Marte, Derek Jerek, Hank Bauer, Boston's Manny Ramirez, Jeter's, Bauer's, Ramirez, Emmanuel Rivera, Geraldo Perdomo, Adolis García Organizations: Arizona Diamondbacks, Texas Rangers, MLB, New York Yankees, Diamondbacks, Arizona, Rangers Locations: ARLINGTON , Texas, Cuban

☆ Billing stunner earns Bournemouth comeback win over Burnley
▼ + stars: | 2023-10-28 | by ( ) www.reuters.com time to read: +2 min

BOURNEMOUTH, England, Oct 28 (Reuters) - Bournemouth came from behind to beat Burnley 2-1 in the Premier League on Saturday and claim their first league victory of the season after Philip Billing netted the winner with an extraordinary lob from 40 yards. Bournemouth moved above Burnley into 17th place with six points from 10 matches while Vincent Kompany's side dropped one spot into 19th on four. Despite coming so early in the season, the match had the air of a relegation six-pointer with both teams struggling for form. Burnley, looking for a fifth straight league win over Bournemouth, went ahead in the 11th minute when Charlie Taylor hammered home a fierce volley from outside the box. In windy conditions, Bournemouth continued to push for a second goal and fired cross after cross into Burnley's penalty area, with goalkeeper James Trafford repeatedly called into action.

Persons: Philip Billing, Vincent Kompany's, Charlie Taylor, Taylor, Antoine Semenyo, Marcus Tavernier, Chris Mepham, Burnley's Luca Koleosho, James Trafford, Trafford, Jay Rodriguez, Aadi Nair, Ed Osmond Organizations: BOURNEMOUTH, Bournemouth, Burnley, Premier League, Thomson Locations: England, Bengaluru

The ministry said the actual number of dead is likely to be much higher than stated in the report. The Palestinian Authority is run by a rival faction to Hamas, though the umbrella Ministry of Health maintains a relationship with the ministry in Gaza. But international agencies, including the United Nations and the World Health Organization (WHO), report figures provided by the Gaza ministry. The Prime Minister of the Palestinian Authority, Mohammad Shtayyeh, criticized Biden’s remarks, saying his health authority in the West Bank believed the Gaza numbers to be accurate. “I don’t have the numbers of people killed in Gaza Strip,” IDF Lieutenant Colonel Richard Hecht told CNN.

Persons: Joe Biden, Biden, John Kirby, Mohammad Shtayyeh, Biden’s, don’t, ”, Al Jazeera, Michael Ryan, “, Kirby, we’ve, Richard Hecht Organizations: CNN, Wednesday, White, Hamas, Palestinian, West Bank, Palestinian Authority, Health, United Nations, World Health Organization, WHO, Al, Ministry of Health, ”, US State Department, Ahli Arab Hospital Locations: Gaza, Israel, Ramallah, al, Ahli, Gaza City, Israeli

☆ What Is Going On in Britain’s Economy? The Picture Is Foggy.
▼ + stars: | 2023-10-26 | by ( Eshe Nelson | More About Eshe Nelson | ) www.nytimes.com time to read: +1 min

Tuesday’s data showed that the labor market was continuing to cool, following the same trend as the previous month, with more unemployment and fewer job vacancies. The Bank of England has raised interest rates to their highest level since 2008, and officials have signaled they will remain high well into next year. But the latest labor market release needs to be taken “with a huge pinch of salt,” Philip Shaw, an economist at Investec, wrote in an analyst note. Policymakers at the Bank of England have “lost another important set of figures” to guide them in setting interest rates, he argued. Last month, the statistics office issued a particularly large upward revision to the size of the economy after pandemic lockdowns.

Persons: ” Philip Shaw Organizations: Bank of England, Investec, Statisticians, Labor Force Survey

☆ Get long boomer stocks and short millennial shares, says Bank of America
▼ + stars: | 2023-10-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Boomers have cash and appear to be weathering rising interest rates better than other generations, according to Bank of America. Because of this, the bank sees stocks particularly exposed to the well-off group that investors of all ages should buy. In contrast, Bank of America found millennials are the only generation with a meaningful amount of mortgage debt incurred after 2021, according to Bank of America. Bank data shows boomers have yet to feel the pinch from higher rates — and the wealthy subsection of the generation is actually benefitting from them. Given apparel is more prominent among millennials, Kwon pointed to Revolve as a short play.

Persons: Ohsung Kwon, septuagenarians, Kwon, Welltower, Kwon's boomer, LSEG, — CNBC's Michael Organizations: Boomers, Bank of America, Bank of America . Bank, American, Service Corporation

Biden administration officials, worried that a growing conflict in the Middle East could send global oil prices soaring, are looking for ways to hold down American gasoline prices if such a jump occurs. President Biden tapped the reserve aggressively last year after Russia’s invasion of Ukraine sent oil prices skyrocketing, leaving the amount of oil in those reserves at historically low levels. The conflict in the Middle East has not yet sent oil prices surging. Administration officials are wary of the possibility that prices could again jump above $5 a gallon, a level they briefly touched in the spring of 2022. “In some ways, they’ve missed the boat.”

Persons: Biden, That’s, Mr, ”, Amrita Sen, Sen, “, they’ve Organizations: Biden, nation’s Strategic Petroleum Reserve, AAA Locations: Saudi Arabia, Gulf of Mexico, Ukraine, Israel, Iran

☆ D-backs cap NLCS comeback, stun Phillies in Game 7
▼ + stars: | 2023-10-25 | by ( Field Level Media | ) www.reuters.com time to read: +4 min

October 25 - PHILADELPHIA -- The Arizona Diamondbacks won nine games during a six-week span from early July through mid-August. On Tuesday night, the Diamondbacks won their ninth game of October -- and became one of the most unlikely World Series teams of all-time. The Diamondbacks, who overcame two-games-to-none and three-games-to-two deficits in the NLCS, will visit the American League champion Texas Rangers in Game 1 of the World Series on Friday night. The Phillies, with five players on $100 million deals on their roster, fell one win shy of their second straight NL pennant. The Phillies scored 15 runs in the final five games.

Persons: Corbin Carroll, Carroll, Gabriel Moreno's, Christian Walker, Philadelphia's Alec Bohm, Brandon Pfaadt, Bohm, Bryson Stott's, Emmanuel Rivera, Ranger Suarez, Geraldo Perdomo's, Jeff Hoffman, Moreno, Kyle Schwarber, Joe Mantiply, Ryan Thompson, Perdomo, Jose Alvarado, Marte, Kevin Ginkel, Paul Sewald, Sewald, Jake Cave Organizations: The Arizona Diamondbacks, Diamondbacks, Philadelphia Phillies, National League, American League, Texas Rangers, Phillies, Arizona, New York Mets, Louis Cardinals, The Diamondbacks, San Francisco Giants, Cincinnati Reds, Chicago Cubs, Milwaukee Brewers, Los Angeles Dodgers, Philadelphia, Bank, Thomson Locations: PHILADELPHIA, Arizona, Texas, Philadelphia

The defending World Series champion Astros were again felled by a subpar start from Framber Valdez and lackluster play at home. But the Rangers got some insurance from an RBI double by Garver with one out in the eighth off Abreu. Josh Sborz walked Alex Bregman to start the Houston eighth and struck out Alvarez before José Abreu singled with one out. Abreu singled on a grounder to right field before Tucker grounded into a force out that left him out at second and sent Alvarez to third. Heim, who had a career-high 18 home runs in the regular season, also homered off Valdez in Game 2 of this series.

Persons: — Nathan Eovaldi, Mitch Garver, Jonah Heim, Adolis García, Eovaldi, Framber Valdez, Valdez, Bryan Abreu, García, Stanek, Yordan Alvarez, Garver, Heim, Mauricio Dubón, Abreu, It’s, Cliff Lee, They’d, José Leclerc, Jose Altuve, Josh Sborz, Alex Bregman, Alvarez, José Abreu, Leclerc, Kyle Tucker, Jon Singleton, Jeremy Peña, Houston’s, Tucker, Dubón, Altuve, Brantley, barehanded, Nathaniel Lowe, Josh Jung, Garcia, Bryan Abreu's, John McHale Jr, Rob Manfred, Evan Carter, Adolis Garcia, ___ Organizations: HOUSTON, Texas Rangers, Houston Astros, Rangers, Astros, The Rangers, Houston, The Astros, Tampa, Eovaldi, Valdez, Major League Baseball Locations: Houston, García, Arlington, Washington, Valdez, Texas, Tampa Bay

Search resuls for: "Pinch"

25 mentions found