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☆ 'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis
▼ + stars: | 2024-11-22 | by ( Hugh Son | ) www.cnbc.com time to read: +9 min

Morris, like thousands of other customers, was snared in the collapse of a behind-the-scenes fintech firm called Synapse and has been locked out of her account for six months as of November. Then she learned how much Evolve Bank & Trust, the lender where her funds were supposed to be held, was prepared to return to her. The crisis started in May when a dispute between Synapse and Evolve Bank over customer balances boiled over and the fintech middleman turned off access to a key system used to process transactions. Synapse helped fintech startups like Yotta and Juno, which are not banks, offer checking accounts and debit cards by hooking them up with small lenders like Evolve. But that would've required more coordination between Evolve and the other lenders that held customer funds than what ultimately happened.

Persons: Oscar Wong, Kayla Morris, Morris, Andreessen Horowitz, Jelena McWilliams, Zach Jacobs, there's, Yotta, Adam Moelis, they've, Jacobs, Andrew Meloan, Meloan, I've, ” Zach Jacobs, McWilliams, McWilliams didn't, Rayburn, Tom Williams, hadn't, Judge Martin Barash, Natasha Craft, they're, Andreatte Caliguire Organizations: Evolve Bank & Trust, Synapse, Evolve Bank, ., CNBC, FedEx, Evolve, Deposit Insurance Corp, U.S, FDIC, Trump, Federal Reserve, Federal Deposit Insurance Corporation, Financial, Prudential Regulators, Megabanks, Depository, CQ, Inc, AMG, Lineage Bank, American Bank, Indiana FedEx Locations: Texas, Tampa , Florida, Yotta, Chicago, California, Mishawaka , Indiana

☆ Eli Manning, Derek Jeter, Jimmy Fallon join TGL New York Golf Club investor group
▼ + stars: | 2024-11-21 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Tiger Woods and Rory McIlroy's new golf league, TGL, is getting some fresh star power representing the Big Apple. Cohen Private Ventures, the family office of Steve Cohen, announced on Thursday that Eli Manning, Derek Jeter, CC Sabathia, Michael Strahan, John McEnroe and Jimmy Fallon are joining the New York Golf Club's investor group as limited partners. Cohen, who also owns Major League Baseball's New York Mets, acquired the rights to the New York Golf team last September. TGL is the new primetime, high-tech golf league launched by Woods, McIlroy and Golf Channel executive Mike McCarley. Former New York Yankees star Jeter told CNBC he was drawn to the investment opportunity because it combines his passion for golf and his love of New York.

Persons: Tiger Woods, Rory McIlroy's, Steve Cohen, Eli Manning, Derek Jeter, Michael Strahan, John McEnroe, Jimmy Fallon, Cohen, Rickie Fowler, Xander Schauffele, Matt Fitzpatrick, Cameron Young, Manning, TGL, Woods, McIlroy, Mike McCarley, Stephen Curry, Shaquille O'Neal, Kevin Durant, Shohei Ohtani, Mike Trout, Josh Allen, Serena Williams, Lewis Hamilton, Jeter, NYGC Organizations: Big Apple, Cohen Private Ventures, New, FedEx, Major League Baseball's New York Mets, New York Golf, CNBC, Former New York Giants, Golf Channel, PGA Tour, ESPN, National Basketball Association, MLB, National Football League, Former New York Yankees Locations: York, Palm Beach , Florida, TGL, New York, New

☆ Rudy Giuliani has turned over his 1980 Mercedes-Benz convertible, luxury watch collection and a diamond ring to election workers he defamed
▼ + stars: | 2024-11-15 | by ( Katelyn | ) edition.cnn.com time to read: +4 min

Giuliani also told his bank to turn over at least $30,000 in a bank account, according to a Friday court filing. If Giuliani didn’t give up the full list of items ordered by a judge last month, he could be held in contempt of court. Giuliani has indicated in court proceedings one watch is from his grandfather and two others were gifts from European leaders after the September 11, 2001, attacks. The pair are also still fighting in court to try to win his $3.5 million Palm Beach, Florida, condo and four Yankees World Series rings from the 1990s and 2000. Giuliani is still arguing he should be able to keep living in the Palm Beach condo and Manhattan apartment, and that he gave the World Series rings to his son years ago.

Persons: CNN — Rudy Giuliani, Giuliani, Joseph Cammarata, Ruby Freeman, Shaye Moss, Donald Trump, Moss, Ted Goodman, Goodman, he’s, ” Goodman, Freeman, Giuliani’s, “, ” Cammarata, Rudolph Giuliani, Lauren Bacall, CNN’s Kara Scannell, Emily Condon Organizations: CNN, Benz, FedEx, Beach, Yankees, Freeman, Mercedes Locations: New York City, Georgia, New York, Florida, Staten Island, Long, York, Beach , Florida, Palm, Manhattan, Palm Beach

☆ What’s open and closed on Veterans Day 2024
▼ + stars: | 2024-11-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —Veterans Day honors active and former US service members annually on November 11, the anniversary of the end of World War I. Here’s what’s open and closed on Veterans Day 2024. The New York Stock Exchange and Nasdaq will be trading on Veterans Day. Postal servicesUPS will be operating as normal on Veterans Day. Make sure to double-check if your local services are open that day.

Organizations: New, New York CNN, Veterans, Retail, Target, Walmart, Kroger, Costco, Roadhouse, Bank of America, Citibank, Bank, Federal, The New York Stock Exchange, Nasdaq, UPS, Veterans Day, FedEx, FedEx Express Locations: New York, Wells Fargo

☆ Diver finds graduation ring lost in the ocean almost 5 decades ago and surprises its owner
▼ + stars: | 2024-11-09 | by ( Graham Hurley | ) edition.cnn.com time to read: +4 min

CNN —A day before Morgan Perigo’s 83rd birthday last month, an unexpected package showed up on his doorstep. In it was the 1965 McMaster University graduation ring he lost in 1977. Diver Alex Davis shows Morgan Perigo's long-missing graduation ring. The search narrowed down the initials to a Frederick Morgan Perigo, who goes by Morgan, and the school immediately notified him. Perigo explained to McQuigge how he originally lost the ring in 1977 on a trip with his family to Barbados.

Persons: Morgan Perigo’s, Alex Davis, Davis, Hurricane Beryl, ”, We’ve, we’ve, Karen McQuigge, Diver Alex Davis, Morgan Perigo's, McQuigge, Frederick Morgan Perigo, Morgan, Perigo, Perigo –, ” Davis, “, ” McQuigge Organizations: CNN, McMaster University, “ McMaster University, FedEx Locations: Barbados

☆ Trump and Harris portfolios to play the election winner, according to Strategas Research
▼ + stars: | 2024-11-01 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

"The differences between Trump and Harris are as wide as we have ever seen." Differences in trade policy specifically, he said, are going to "determine where growth and earnings take place around the world." In contrast to Trump's trade policy, reduced trade tensions under Harris could lead to gains for FedEx , which has advanced more than 8% this year. During that debate, Harris also accused Trump of gearing up to abandon support of Ukraine. If Harris were to win the election, Clifton believes RTX is beneficiary of continued U.S. support of Ukraine.

Persons: Strategas, Donald Trump, Kamala Harris, Daniel Clifton, Harris, Clifton, Lazard, Trump, RTX Organizations: U.S, NBC, Trump, Republican, Basel III, Nasdaq, FedEx, Biden, NextEra Energy Locations: China, Basel, India, Cleveland, Southern, Ukraine, U.S

☆ Powers: Starbucks could be poised for a rebound
▼ + stars: | 2024-10-24 | 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 EmailPowers: Starbucks could be poised for a reboundMatt Powers of Powers Advisory Group discusses why he likes two stocks that have hit stumbling blocks recently: Starbucks and FedEx.

Persons: Matt Powers Organizations: Powers, Starbucks, FedEx

☆ UPS beats quarterly profit estimates, raises operating margin forecast
▼ + stars: | 2024-10-24 | by ( ) www.cnbc.com time to read: +2 min

(Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images)United Parcel Service surpassed Wall Street estimates for quarterly profit and raised its full-year adjusted operating margin forecast on Thursday after it hived off its volatile truckload brokerage business, Coyote Logistics. The company had slashed its full-year adjusted operating margin target to 9.4% in July, despite an uptick in U.S. volumes because of the shift. It now expects a full-year operating margin of 9.6%. UPS saw a 6.5% growth in average daily volumes in its domestic segment in the third quarter. Its adjusted operating margin of 8.9% was above last year's 7.7%, on cost cuts.

Persons: Lindsey Nicholson Organizations: UPS, Getty Images, United Parcel Service, Wall, Coyote Logistics, U.S . Postal Service, Consolidated, United States Postal Service, FedEx Locations: Queens , New York, U.S, China

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Reddit, Tesla, RH, Warby Parker, UPS and more
▼ + stars: | 2024-10-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler reiterates Tesla as overweight Piper says it's sticking with Tesla heading into earnings later this week. Morgan Stanley initiates BioAge Labs at overweight Morgan Stanley says the biotech company is well positioned. " Goldman Sachs upgrades Warby Parker to buy from neutral Goldman sees customer growth for the eyewear company. Morgan Stanley reiterates Home Depot as overweight Morgan Stanley raised its price target on Home Depot to $450 per share from $380. Morgan Stanley downgrades ServiceNow to equal weight from overweight Morgan Stanley said that expectations are already priced in to the stock.

Persons: John Donovan, Piper Sandler, Tesla, Piper, it's bullish, Morgan Stanley, Goldman Sachs, Warby Parker, Needham, Reddit, Gary Friedman, Jack Preston, Baird, TD Cowen, Cowen, Prologis, Goldman, Craig Felenstein, Jim Bombassei, Morgan Stanley downgrades ServiceNow Organizations: Deutsche Bank, GE Vernova, Deutsche, General Electric, BioAge, Barclays, UPS, FedEx, Dominion, Goldman, Nvidia, AMD, Mohawk Industries, JPMorgan, China EV, Catalyst, Bank of America, Fortune Locations: GitLab, NVDA, Europe, U.S, Las Vegas, China

☆ D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products
▼ + stars: | 2024-10-19 | by ( Kenneth Squire | ) www.cnbc.com time to read: +12 min

Air Products provides industrial gases and related equipment in end-markets such as refining, chemicals, metals, electronics, manufacturing and food. These long-term contracts functionally guarantee an unlevered double-digit return before Air Products even needs to put a dollar into the ground. Investors appreciate companies like Air Products for their low-risk and highly stable cash-flowing operations. On Oct. 4, Mantle Ridge announced a more than $1 billion position in Air Products, and echoed a similar sentiment and identified similar issues as D.E. We strongly expect that many of Air Products' other shareholders are concerned about the same issue.

Persons: It's, Shaw, unadulterated, Praxair, Seifi, Linde, D.E, Seifi Ghasemi, Ghasemi, Samir Serhan, Mantle, Paul Hilal, Scott Sutton, Olin, Russell, Ken Squire Organizations: Air Products, Chemicals, Air Liquide, Linde, Products, Air, D.E, Technologies, Fidelity National Information Services, FedEx, Verisk, Healthcare Trust, 13D Locations: Saudi Arabia, Louisiana, Texas, D.E, Air

☆ Joel Dahmen penalized for carrying extra club in bag, in danger of losing PGA Tour status
▼ + stars: | 2024-10-18 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Joel Dahmen is in danger of losing his PGA Tour card after he was penalized four shots at the Shriners Children’s Open on Thursday for having too many clubs in his bag. It was a mistake that could prove decisive for a player who is on the bubble. 124 in the FedEx Cup Fall standings, with the top 125 at the end of the fall circuit able to retain their tour status for 2025. You want to be mad at yourself, you want to get mad at Geno, you want to get mad at the world,” he continued. Eight players will finish their opening rounds on Friday after darkness suspended play on Thursday, with the second round beginning at 9:55 a.m.

Persons: CNN — Joel Dahmen, ”, Dahmen, –, “, Geno, it’s, that’s, There’s, ” Dahmen, Taylor Pendrith Organizations: CNN, PGA, Shriners, FedEx, Shriners Children’s

☆ Giant pandas from China arrive in US on loan to National Zoo
▼ + stars: | 2024-10-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +6 min

His mother, Bao Bao, was born a celebrity at the National Zoo in 2013 and returned to China four years later. His grandparents, Meixiang and Tian Tian, lived at the zoo for 23 years until their lease ended last year. It went offline last November, when Mei Xiang, Tian Tian and their youngest cub Xiao Qi Ji left for China. And for the first time in 23 years, the giant panda exhibit at the National Zoo had become empty. “Our team and legions of fans look forward to welcoming Bao Li and Qing Bao to the Smithsonian’s National Zoo.”

Persons: Bao Li, Qing Bao, China’s, Bao Bao, Meixiang, Tian Tian, Tom Booth, ”, Mariel Lally, Lally, Bao Li’s, they’re, ” Lally, doesn’t, “ She’s, Richard Nixon’s, Pat Nixon, Weeks, Ling Ling, Hsing Hsing, Cam, Mei Xiang, Xiao Qi Ji, Evelio Contreras, Qing, Ren Zhijun, Bao, Jin Tao, Brandie Smith, ” Smith, “ Organizations: DC CNN, FedEx, Panda, Washington Dulles Airport, Dulles International, National Zoo, CNN, US, Beijing Zoo, China's National Forestry and Grassland Administration, Washington, Smithsonian, Washington DC Locations: Washington, China, Beijing, China’s, Sichuan, Dujiangyan, Communist China

☆ They’re cute, cuddly and coming to America: China’s newest panda diplomats headed for Washington
▼ + stars: | 2024-10-14 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

Bao Li and Qing Bao were taken off public display and placed in quarantine on September 13 – a day after Qing Bao turned three years old. Bao Li and Qing Bao spent their last few days in Dujiangyan getting trained for their first long-haul flight. The zoo’s 24-hour Giant Panda Cam has garnered more than 100 million page views since its launch in 2000. “Giant pandas truly represent how great conservation outcomes can be achieved through great partnerships and with public support,” she said. “The international cooperation on giant pandas holds great significance,” the center said, adding that it had clarified such rumors multiple times.

Persons: Bao Li, Qing Bao, China’s, Tom Booth Qing Bao, Tom Booth, Bao, Brandie Smith, ” Smith, “, Bao Bao, Meixiang, Tian Tian, ”, Mariel Lally, “ Bao Li, Tian Tian Junior, Lally, –, Ren Zhijun, ” Ren, Evelio Contreras, CNN Ren, Ren, it’s, ” Lally, “ They’re, Richard Nixon’s, Pat Nixon, Zhou Enlai, Weeks, Ling Ling, Hsing Hsing, Cam, Mei Xiang, Xiao Qi Ji, Xi Jinping, Smith, influencers, Ya, Giant Panda Organizations: China CNN, FedEx Boeing, China Wildlife Conservation Association, CNN, Staff, Washington, Smithsonian, Washington DC, Zoo, National Zoo, US, Beijing Zoo, Memphis, San Diego Zoo, National, Memphis Zoo, China Conservation and Research Center, Giant Locations: Dujiangyan, China, Washington, Sichuan, Communist China, Beijing, San Diego, Atlanta, America, Europe, San Francisco

☆ What is open and closed on Indigenous Peoples’ Day 2024
▼ + stars: | 2024-10-13 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —On the second Monday of October, Americans will be celebrating Indigenous Peoples’ Day, also known as Columbus Day. Indigenous Peoples’ Day recognizes the contributions and legacy of those who lived here long before Christopher Columbus erroneously claimed to have discovered America. President Joe Biden formally recognized Indigenous Peoples’ Day in 2021 by signing a proclamation stating that federal policies “systematically sought to assimilate and displace Native people and eradicate Native cultures.”Some states officially celebrate Indigenous Peoples’ Day and others commemorate it through proclamations. More than 100 cities have replaced Columbus Day altogether with the holiday. Chase Bank and TD Bank will be open for Indigenous Peoples’ Day.

Persons: Christopher Columbus, Joe Biden, “ Organizations: New, New York CNN, Indigenous, Columbus Day . Indigenous, ’, Indigenous Peoples, Columbus, Banks, Federal Reserve, Nasdaq, New York Stock Exchange, Bank of America, Citibank, Chase Bank, TD Bank, Mail, United States Postal Service, UPS, FedEx, FedEx Express, Target, Walmart, Kroger Locations: New York, America, Wells Fargo

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Netflix, FedEx, Reddit, Broadcom, Chewy & more
▼ + stars: | 2024-10-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: Citi initiates FedEx and UPS as buy Citi said in its initiation note that FedEx and UPS are well positioned. "Netflix remains a compelling growth story with significant room for revenue, earnings, and FCF growth over the next several years." Wells Fargo upgrades Valero to overweight from equal weight Wells said the company is one of the "best independent refiners." Mizuho reiterates Nvidia and Broadcom as outperform Mizuho said it's sticking with its outperform ratings on Nvidia and Broadcom. Wells Fargo reiterates Roblox as overweight Wells Fargo raised its price target on Roblox ahead of earnings in late October to $54 per share from $46.

Persons: underperform Jefferies, Guggenheim, TD Cowen, Cowen, Morgan Stanley, it's bullish, Piper Sandler downgrades Blackstone, Piper, Piper Sandler, Wells, Jefferies, Wolfe, VALE, Chewy, it's, Mizuho, Wells Fargo, Evercore Organizations: Citi, FedEx, UPS, Jefferies, Southwest, Deutsche Bank, Netflix, Deutsche, Inc, MetLife, Barclays, Apple, Apple Intelligence, New York Times, Industry, Nvidia, Broadcom, Mizuho, Lowe's Locations: Valero, underperform, Underperform

I've wanted Home Depot's 12-foot skeleton since it first was a thing. (See our "alternatives" section below if you can't get your hands on the 12-foot skeleton.) James Brains/Business InsiderThe 12-foot skeleton didn't just arrive via the classic FedEx or UPS. While it's quite cumbersome, someone might try to steal your 12-foot skeleton, which only weighs about 60 pounds. The 12-foot skeleton has become a landmark in my neighborhood.

Persons: I've, it's, Skelly Skelly, Skelly, James Brains, Jack Skellington, Erin Brains, Skelly Ripa, Skelloncé, MaSkully Skullkin, We've, we've Organizations: Business, Bowl, Skelly The East, Skelly The East Lansing Home Depot, FedEx, UPS, Depot Locations: Skelly The East Lansing

☆ 3-Stock lunch: Rivian, JPMorgan, & Fedex
▼ + stars: | 2024-10-04 | 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 Email3-Stock lunch: Rivian, JPMorgan, & FedexDoug Butler, Rockland Trust, senior vice president and director of research, joins CNBC's 'Power Lunch' to discuss three stocks: Rivian, JPMorgan Chase, and Fedex.

Persons: Fedex Doug Butler, JPMorgan Chase Organizations: JPMorgan, Fedex, Rockland Trust Locations: Rockland

☆ Supply chain disruptions could benefit these stocks, Goldman Sachs says
▼ + stars: | 2024-10-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Trade tensions, too, have resulted in tariffs and affected world trade in certain goods. The market for companies in this space is driven by the volume of global trade, and this so-called supply chain "complexity," Goldman noted. It sees some stocks as being able to benefit from higher supply chain "complexity." Freight-forwarding firms such as DSV , DHL Forwarding and Kuehne+Nagel are "well-placed to help their clients navigate higher complexity and shocks," Goldman said. Container lines such as Cosco, Maersk and Hapag-Lloyd are less directly exposed to the higher supply chain complexity, said Goldman.

Persons: Goldman Sachs, Goldman, deglobalization, Nagel, Lloyd, — CNBC's Michael Bloom Organizations: U.S ., Logistics & Shipping, Logistics, DHL, Goldman, Express, Fedex, UPS, Maersk, Hapag Locations: U.S . East Coast, Gulf Coast

☆ The US dockworkers strike is here, and it's impacting more than just packages
▼ + stars: | 2024-10-01 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

A strike at ports along the US East and Gulf Coasts presents huge challenges for the economy. The strike could lead to billions in daily economic losses and stall imports ranging from mangoes to auto parts. The dockworkers are pushing for higher wages and a ban on automation at the ports. AdvertisementA major strike at US ports started on Tuesday and could snarl everything from holiday shopping to auto production lines. But the strike could halt shipments of those foods, including mangoes, bananas, and other fresh fruit from Central and South America.

Persons: —, Bruce Chan, Costamare, Alan Murphy, Jonathan Gold, Mia Ginter, Robinson, Joe Biden, Biden, Taft, Hartley, Sean M, O'Brien Organizations: Gulf Coasts, Service, Workers, International Longshoremen's Association, United States Maritime Alliance, JPMorgan, . Shipping, ZIM Integrated Shipping Services, FedEx, UPS, Intelligence, Jefferies, Retailers, National Retail, Joe Biden Trade, National Retail Federation, Teamsters Locations: Maine, Texas, Central, South America, East Coast, West Coast, Taft

☆ This is the key group of stocks to watch if the port strike drags on this month
▼ + stars: | 2024-10-01 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

A look back in history shows how a key group of transportation stocks performed the last time there was a major port strike, according to Wolfe Research. Against that backdrop, Scott Group, a senior analyst covering freight transportation at Wolfe, looked at transportation stocks in 2002, the last time there was a major port strike in the U.S. That strike, which lasted just 11 days and affected only West Coast ports, hurt transportation stocks throughout the protest, he said. But those same stocks staged a major comeback in the month after the strike ended. Here are how some key stocks performed during and after the last major strike. Robinson Worldwide was among the biggest laggards during the last port strike.

Persons: Wolfe, Joe Biden, Taft, Hartley, C.H, Robinson, It's Organizations: Wolfe Research, International Longshoremen's Association, Eastern Seaboard, Scott Group, ISI, Hunt Transport Services, FedEx, Norfolk Locations: North America, of Mexico, Eastern, Wolfe, U.S, West Coast, Norfolk Southern

☆ The biggest stock market winners and losers of the US port strike
▼ + stars: | 2024-10-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Port workers are demanding a 61.5% raise and oppose the adoption of automation in new contract negotiations. According to Stifel analyst Bruce Chan, the ramifications of the port strike won't be sizable unless the strike is drawn out for more than two weeks. Robinson Worldwide and Expeditors International of Washington have seen gains of 4% and 5% in the past week, respectively, as investors anticipate increased business due to the port strike. Biggest losersThe biggest losers, so far, appear to be shipping container companies that are directly exposed to the port strike. That means railroads and trucking companies with significant exposure to the east coast could take a hit.

Persons: —, Bruce Chan, Chan, It's, Robinson, Biden, Hartley Organizations: Air, UPS, FedEx, Service, Workers, International Longshoremen's Association, Yahoo Finance, ILA, Expeditors International of Washington, ZIM Integrated Shipping Services, Lease, Taft, CSX, NSC, Walmart, Costco, Target Locations: Gulf, East, West, Canada, Taft, Coast

☆ Gigi Hadid walks the runway in a DHL packing tape mini dress
▼ + stars: | 2024-09-30 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —First Rihanna’s bathrobe, now Gigi Hadid’s DHL tape dress — it seems that luxury fashion is looking right under our noses (or at least inside our houses) for inspiration. On Friday, Hadid walked in the Vetements show during Paris Fashion Week wrapped tightly in a roll of yellow and red DHL-branded packing tape. The adhesive tool was styled into a strapless mini dress, while two heeled pumps were wrapped in the same tape to match. The tape dress was paired with two heeled pumps similarly covered in the branded adhesive. In 2011, Iowa State University staged its first annual duct tape fashion show — covered by the New York Times — only permitting designs that were made entirely from the hardware store staple.

Persons: Gigi Hadid’s, Hadid, ”, Raf Simmons, Jeremy Scott, Kim Kardashian, Vanessa Friedman, Kardashian, Vittorio Zunino Celotto, Vesta Stoudt, Kitty, Lady Gaga Organizations: CNN, Gigi Hadid’s DHL, Paris, DHL, FedEx, New York Times, Iowa State University Locations: Paris —, American

(Harris, 59, is herself among the youngest baby boomers, born in 1964, the last year that’s considered part of the generation.) Smith and her husband have struggled to stretch their monthly Social Security income of around $4,000 as their costs have increased. The average Social Security check was around $2,000 at the start of the year and adjusts annually for inflation. About half of Social Security recipients make enough income to have their benefits taxed, according to the Social Security Administration. Polls show a tightening race between Trump and Harris among seniors, with Harris appearing to pick up support compared to Biden.

Persons: Teresa Smith, Smith, Donald Trump, Joe Biden, Kamala Harris, she’s, “, he’d, “ He’s, Harris, that’s, Mitt Romney, Barack Obama, ”, Bob Ward, Fabrizio Ward, Biden, hasn’t, ” Trump, Medicare —, Walz, Seth Schuster, Trump, Phil Martin, Martin, Pam, “ Trump’s, Denise Meyer, ” Meyer, Kamala, Gary Schlossberg, Dick Edgecombe, Edgecombe, we’re, Gary Allen, Allen, Kristen Soltis Anderson Organizations: White House, Democratic, Trump, Republicans, Biden, AARP, Social Security, Social, Social Security Administration, Medicare, Pew Research Center, NBC, FedEx, Wells, Investment Institute, Republican, “ Locations: Georgia, North Carolina, Charlotte, Wells Fargo, “, Pennsylvania, Pittsburgh, ”, Michigan

☆ Helene: Dozens dead as hurricane unleashes life-threatening flooding and knocks out power to millions across Southeast
▼ + stars: | 2024-09-28 | by ( Dalia Faheid | ) edition.cnn.com time to read: +6 min

Here’s the latest:• Deaths across 5 states: Storm-related deaths have been reported in South Carolina, Georgia, Florida, North Carolina and Virginia. North Carolina has activated 358 guardsmen, while Georgia has more than 300 and Alabama has 43, said Sabrina Singh, Pentagon deputy press secretary. • Severe flooding in North Carolina: Helene “is one of the worst storms in modern history for parts of North Carolina,” Gov. Delivery services were also impacted, with UPS announcing it has suspended service to Florida, North Carolina and Georgia because of the storm. In North Carolina, 290 roads were closed throughout the state, and Gov.

Persons: CNN — Helene, Brian Kemp, Glenn Youngkin, •, Sabrina Singh, Biden, Helene, Kamala Harris, Helene “, Roy Cooper, • Helene, Helene –, Keith Turi, “, ” Turi, ” Organizations: CNN, Gov, Tampa ., National Guardsmen, Defense Department, Pentagon, ”, National Weather Service, Amtrak, UPS, FedEx, Health, National Hurricane Center, Federal Emergency Management Agency Locations: Florida’s Big Bend, South Carolina , Georgia, Florida, North Carolina, Virginia, South Carolina, Saluda County, Anderson County, Georgia, Alamo, Pinellas County, Tampa, Claremont, Charlotte, Craig County , Virginia, Carolina, Alabama, Asheville, Southern, Western North Carolina, Tennessee, Ohio, North Carolina , Florida, Florida , North Carolina, Unicoi, Erwin , Tennessee, Bend

☆ CNBC Daily Open: Some aren’t convinced of a soft landing
▼ + stars: | 2024-09-23 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Stephanie Keith | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. In terms of financial markets, financial firm BTIG sees a possible pullback. Last week's burst of euphoria was mostly driven by anticipation and celebration of the Fed's rate cut. Markets this week will look at the hard data coming out, like GDP figures for the second quarter, consumer confidence and PCE report.

Persons: Stephanie Keith, It's, Piper Sandler, Nancy Lazar, Lazar, BTIG, Jonathan Krinsky, –, Alex Harring, Hakyung Kim, Brian Evans Organizations: New York Stock Exchange, CNBC, Friday, FedEx, Nasdaq, Dow Locations: New York City

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