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☆ Justin and Hailey Bieber welcome first child together
▼ + stars: | 2024-08-24 | by ( Samantha Kubota | ) www.nbcnews.com time to read: +2 min

Justin and Hailey Bieber have welcomed their first child together. The “Stay” singer introduced his and the model’s baby with a sweet Instagram post on Aug. 23. “WELCOME HOME,” Justin Bieber captioned the photo, before sharing their baby’s name. A spokesperson for Hailey Bieber told NBC News at the time that the model was a little over six months pregnant. Before confirming that she was expecting her first child, Hailey Bieber faced several rumors that she was pregnant, dating back to at least 2022.

Persons: Justin, Hailey Bieber, ” Justin Bieber, “ JACK BLUES BIEBER, Hailey Beiber, Yves Saint Laurent, Usher, Kylie Jenner, she’s, “ I’m, ” Organizations: NBC News Locations: Hawaii, South Carolina

A search is underway for an Arizona woman who was swept away in a flash flood Thursday while hiking at Grand Canyon National Park. The flash flood happened around 1:30 p.m. local time and stranded several hikers in the area. “Rescue efforts began promptly, with an initial flight taking off before 3 p.m. to assist individuals stranded both below and above Beaver Falls,” the National Park Service said. Nickerson’s husband was also swept away but he was rescued by a group of rafters, NBC affiliate KPNX reported. The National Park Service is asking anyone with information about Nickerson to reach out to its tip line at (888) 653-0009.

Persons: Chenoa Nickerson, Gilbert, Ariz, Park Service Chenoa Nickerson, Nickerson’s, Nickerson Organizations: Park Service, National Park Service, NBC, KPNX, National, Service Locations: Arizona, Gilbert , Arizona, Havasu, Colorado, Beaver

For Disney fans, this summer has been a roller coaster of emotions. The evolution of reactions has largely taken place inside the thriving online community of adult Disney fans, including Disney influencers, journalists and content creators, whom the company has increasingly marketed to as repeat visitors. The new planned attractions at Disney parks around the world were presented with great fanfare. “I feel like I can allow myself to get excited and feel optimistic about the future of the Disney Parks again,” Gustin posted the next day. Magic Kingdom: 1/3 Destroyed,” posted one Disney content creator and former Disney employee.

Persons: ”, Tom Sawyer, Walt, Disney influencers, Scott Gustin, ” Gustin, Gustin, John Stamos, Darren Criss, Ke Huy Quan, Meghan Trainor, Josh D’Amaro, “, Tom Sawyer ”, Mark Twain, Tom Bricker, “ It’s, Jenny Nicholson, America ”, Encanto, Indiana Jones, hasn’t, Deshawn Warr, they’ve, ” Warr Organizations: Disney, Inc, Hollywood Studios, Nexstar, Disney Parks, Magic, “ Pirates Locations: Florida, Rivers, America, Magic Kingdom, Magic, North Carolina, “ Rivers, Animal, Orlando, Caribbean

Others say they’ve also stepped in as translators for their parents during their childhood — and that these duties continue into adulthood. Monica Mikael is glad her parents are using ChatGPT, but she does have some concerns. When ChatGPT was released in November 2022, Mikael jumped at the opportunity to teach her parents how to use it. “After a month or so, they were using it entirely on their own.”Now, Mikael’s parents barely ask her for help. “And then I realized she and all my Indian aunties are using ChatGPT,” Verma said.

Persons: Michelle Fang, “, ”, Fang, he’s, they’ve, Monica Mikael, Monica Mikael ., Monica Mikael Mikael, Mikael’s, ChatGPT, Mikael, it’s, ” Sheeta Verma, Sheeta Verma, aren’t, ” Verma, there’s, It’s, ” Fang, Verma Organizations: Pew Research Center, NBC Asian Locations: New Jersey, San Francisco, Los Angeles, East, Southeast, NBC Asian America

The Education Department is assuring schools and students that its financial aid process is under control, after a botched overhaul over the past year that some colleges say has dented incoming classes. Education Secretary Miguel Cardona has vowed that the FAFSA process is being improved after recent missteps. I want to close up [the] Department of Education, move education back to the states. In May, Cardona announced a “full-scale review” of the Federal Student Aid office that oversees FAFSA and promised “transformational changes” at the division. I’ve taken a college and career readiness class from my high school, but it all sounded really confusing,” she said.

Persons: Miguel Cardona, he’s, We’ve, miguel cardona, “ We’ve, ” Cardona, ”, Peter G ., NAICU, couldn’t, ” Mark Becker, Donald Trump, disburses Pell, ” Trump, Elon, Cardona, “ We’re, they’re, ” “, falloff, Beth Maglione, Hanalise Yarbrough, Kristi Childs, Kristi Childs Kristi Childs, Childs, Mason Yarbrough, “, ” Childs, Hanalise, John Jay, she’s “, I’ve, who’s “ Organizations: Department, Education, Federal Student Aid, NBC News, National Association of Independent Colleges, Universities, Education Department, Association of Public, Grant Universities, Department of Education, Republican, Federal, Aid, College, Network, National Association of Student Financial, Madison, Northwest Mississippi Community College, John, John Jay College of Criminal Locations: U.S, DeSoto County , Mississippi, New York City

☆ Wildfires keep hitting the iconic Pacific Crest Trail, forcing closures and evacuations
▼ + stars: | 2024-08-24 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

Wildfires and their burn scars have made portions of the trail more hazardous and forced hikers to contend with closures on quick notice. Meanwhile, when fast-moving wildfires strike, many rural communities along the trail are finding themselves responsible for helping vulnerable hikers. “Wildfire season is lasting longer, becoming less predictable, affecting more trail, more trail users and more trail communities,” Rylee said. The signals of climate change now stick out on the PCT, said John O’Brien, a California climate scientist who grew up near the trail and hikes on it frequently. Karen Altergott passed through this burn zone in Lassen Volcanic National Park while hiking the Pacific Crest Trail in 2022.

Persons: ” Rylee, John O’Brien, ” O’Brien, Jamie Hale, Teesseling, “ We’ve, ” Thijs Koekkoek, Taime Teesseling, ” Teesseling, ” —, Karen Altergott, Altergott, Karen Altergott “, ” Altergott, “, —, They’re, ”, Becky Wade, Jeff McCabe, Becky Wade McCabe, Wade, McCabe, Shelly, Jeff McCabe's, Becky Wade “, Will Georis, Georis, ” Georis Organizations: “, PCT, Crest Trail, Klamath National Forest, University of California Locations: Sierra Nevada, California, Columbia, Portland ,, Julian, Burney , California, Stehekin , Washington, Hamburg , California, Klamath, ”, Berkeley, Mexico, Canada

Following the tour, Harris will headline a solo rally in Savannah, Georgia. The southern Georgia bus tour is expected to echo the campaign’s bus tour of western Pennsylvania earlier this month, which included stops at a local campaign field office, firehouse and high school football practice. We have hosted more than 500 events in the region since May 31,” Harris-Walz Georgia campaign spokesperson Adelaide Bullock said. “Black voters are the key to winning Georgia. “The Vice President’s advantages with young voters, Black voters, and Latino voters will be important to our multiple pathways to 270 electoral votes,” Dillon wrote in a recent memo.

Persons: Kamala Harris, Tim Walz, Harris, Walz, Walz’s, Sen, JD Vance, Donald Trump, Debbie, ” Harris, Adelaide Bullock, Ranada Robinson, “, ”, Megan Thee, Jen O ’ Malley Dillon, ” Dillon, Trump Organizations: Minnesota Gov, Democratic, Republican, Republicans, Savannah, New, New Georgia Project, Georgia, Black, Labor, Trump Locations: Georgia, Chicago, New York , California, Florida, Savannah , Georgia, Peach, Black, Ohio, Valdosta, Atlanta, Pennsylvania, Southern Georgia, Dougherty, Albany, “, South Georgia, Walz Georgia, New Georgia, sprawled

☆ A reenergized Democratic campaign draws convention ratings win over Republicans
▼ + stars: | 2024-08-24 | by ( Hadas Gold | ) edition.cnn.com time to read: +5 min

Harris’ viewership victory amounted to a blow for Trump, who is famously obsessed with television ratings and the size of his crowds. The boost in viewership was also seen at ABC with 4.2 million viewers, and CNN with 3.9 million. Last month’s Republican convention in Milwaukee took place just days after the assassination attempt on Trump. As pressure mounted, Biden ended his campaign the weekend after the Republican convention. The singer had previously given the Harris campaign permission to use her 2016 hit “Freedom,” which played Thursday night as Harris took the stage.

Persons: Kamala Harris, Harris, Donald Trump’s, Trump, Harris ’, Bill Clinton, Barack Obama, Hillary Clinton, Michelle Obama, Stevie Wonder, John Legend, Kerry Washington, Mindy Kaling, Lil Jon, Last, Hulk Hogan, Kid Rock, Joe Biden, Biden, Beyoncé, Bey, ”, Taylor Swift Organizations: New, New York CNN, Democratic National Convention, Republican, Nielsen, Convention, Fox News, MSNBC, ABC, CNN, Fox, RNC, YouTube, SPAN, DNC, Trump, Democratic, CNN’s, TMZ, Hollywood Reporter, Beyoncé’s Locations: New York, Chicago, Milwaukee

☆ Hostage taken from music festival during Hamas attack returns to the dance floor to celebrate life
▼ + stars: | 2024-08-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Noa Argamani, the freed Israeli hostage who was kidnapped from a music festival during the Oct. 7 terrorist attack and held in Gaza until June, celebrated her freedom this week by returning to the dance floor. She addressed whether a celebration was suitable when dozens of hostages remain in Gaza following the Oct. 7 attack that sparked war between Israel and Hamas militants. The party was titled "Return to Life" and featured a large graphic image of Or with the words, "We will dance again." More than 40,000 people have been killed in Gaza since Israel launched its offensive in the enclave following Hamas’ Oct. 7 terror attacks, local officials say. Some 1,200 people were killed and around 250 others taken hostage in the Hamas assault, according to Israeli officials, marking a major escalation in a decadeslong conflict.

Persons: Noa Argamani, Yaakov, there's, Avinatan, Argamani, Benjamin Netanyahu, Joe Biden’s, Brett McGurk, “, ” Organizations: Nova, Israeli Locations: Gaza, Israel, Cairo, Tokyo

☆ Olympic chocolate muffins brought to New York City for pop-up
▼ + stars: | 2024-08-24 | by ( Victoria Feng | Victoria Feng Is An Intern On The Nbc News Technology Desk. | ) www.nbcnews.com time to read: +4 min

Three weeks later, she tracked down the French supplier, facilitated a shipment of muffins to the U.S. and dealt with the resulting challenges, all to bring the viral muffins to New York City for a pop-up event. In a thread on X, Zhang detailed how she worked with New York City cafe Isshiki Matcha to bring the viral muffins to hundreds of New Yorkers on Aug. 17. Isshiki Matcha, which has been open for four months, primarily sells premium matcha and matcha drinks. “I could eat this viral muffin that all these Olympic athletes can’t stop talking about.”Zhang described the muffin as light, moist and not too sweet. Zhang and Zheng are trying to import another batch of muffins to sell (and eat), but nothing has been finalized yet.

Persons: Kelin Carolyn Zhang, Henrik Christiansen, Christiansen, Stephen Nedoroscik, Gabby Thomas, Zhang, “, ” Zhang, de, Angel Zheng, Isshiki Matcha, ” Zheng, Isshiki, Zheng, pates, ” Organizations: New, Yorkers, NBC News Locations: Norwegian, TikTok, New York City, U.S

☆ Care Policies Take Center Stage in Harris’s Economic Message
▼ + stars: | 2024-08-24 | by ( Madeleine Ngo | Ben Casselman | ) www.nytimes.com time to read: +1 min

The “care economy” — a broad set of policies aimed at helping parents and other caregivers — was the great unfinished work of President Biden’s domestic agenda. Vice President Kamala Harris has made it a central aspect of her campaign to succeed him. Ms. Harris, the Democratic nominee, has spoken frequently on the campaign trail about making it more affordable to raise children. She also laid out policies that aim to reduce housing costs, such as providing up to $25,000 in down-payment assistance to first-time home buyers. In her speech accepting the Democratic nomination on Thursday, Ms. Harris said she would not let conservatives end programs like Head Start that “provide preschool and child care for our children.”

Persons: —, Biden’s, Kamala Harris, Harris, Tim Walz, Minnesota, ” Organizations: Democratic

☆ Hailey and Justin Bieber welcome their first child
▼ + stars: | 2024-08-24 | by ( Paradise Afshar | ) edition.cnn.com time to read: +2 min

CNN —Hailey and Justin Bieber on Friday announced the birth of their first child. “Welcome home Jack Blues Bieber,” Justin captioned the post alongside a bear emoji. A representative for Hailey Bieber told CNN on Friday night that no further details were available. Justin Bieber is also seen lovingly holding onto Hailey Bieber’s belly in one snapshot. In 2018, Justin Bieber announced on his Instagram page that the pair were engaged, writing, “Hailey I am soooo in love with everything about you!

Persons: CNN — Hailey, Justin Bieber, Justin, Jack Blues Bieber, Hailey, Hailey Bieber, Bieber, “, ” “, ”, Justin’s, Guess, Ralph Lauren, Tommy Hilfiger, “ Hailey, Pattie Mallette, ” Mallette Organizations: CNN, Magazine, Rhode Locations: Canadian, New York, Bluffton , South Carolina

☆ This woman made up to $110,000 a year as a nanny for the ultra-rich. Here's what she learned from the job
▼ + stars: | 2024-08-24 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +10 min

In Kiser's final year as a nanny during the pandemic, she estimates she took home about $110,000. CNBC spoke with Kiser about some of the financial lessons she learned during her time as a nanny, and why she ultimately left the role. Stephanie Kiser: I read "The Nanny Diaries" when I started my first job. SK: A contract as a nanny is important because there's no human resources; there's no laws protecting you. It seems like nannying work can have a low barrier to entry, with salary growth potential, but then there are all these other risks.

Persons: Stefanie Kiser, Jillian Rahn, Stefanie Kiser Stephanie Kiser, Tim Walz, Kiser, Scarlett Johansson, James Devaney, Ana Teresa Solá, Stephanie Kiser, nannying, I'm, Nannies, nannies, they've, who've, There's, weren't Organizations: Upward Mobility, Mercedes, Hamptons, Finance, CNBC, Upper, Wireimage, Getty, SK, New, Domestic, ATS, Pew Research Center Locations: New York City, America, New York City , New York, United States, New York

☆ I took my 4-year-old to Champagne houses in France. She had more fun than I did.
▼ + stars: | 2024-08-24 | by ( Stephanie Cain | ) www.businessinsider.com time to read: +5 min

I very much wanted to visit Champagne. We even took our drinks to the playroom where my daughter crafted an elaborate imaginary adventure with a stuffed giraffe. The Champagne houses were also kid-friendlyI was equally delighted when booking our visits to the Champagne houses. At Champagne Ayala, a winery in village Aÿ, my daughter played tour guide with our actual tour guide. We visited a small grower Champagne house, a word for wineries run by those who own the vineyards.

Persons: —, Dame de Reims, Champagne Ayala, Dom Perignon, Lady Gaga, Lenny Kravitz, Champagne Michel Gonet's Villa Signolle, Pamela Druckerman, United States — Organizations: Service, Business, Champagne, Notre, Dame, Dom Locations: Napa Valley , California, France, Paris, Champagne, Reims, Paris's, Aÿ, Hautvillers, American, United States

☆ 'Call Her Daddy' star Alex Cooper could earn $125 million from her new podcast deal — but it won't be easy
▼ + stars: | 2024-08-24 | by ( Madeline Berg | Lucia Moses | ) www.businessinsider.com time to read: +4 min

It's a jaw-dropping figure — more than twice her previous $60 million deal with Spotify back in 2021 and higher even than the reported $100 million snagged earlier this year by SmartLess. But the "Call Her Daddy" host can't exactly sit back and cash a check for $41 million each year. She can earn as much as the widely reported $125 million — but it won't be easy. A podcast deal with a host like Cooper would be based on a certain number of downloads a month. Related storiesCooper's SiriusXM deal is also not just for "Call Her Daddy," but for her Unwell Network's "complete slate of current and future shows."

Persons: Alex Cooper, she'd, SiriusXM, Meghan Markle, Prince Harry, Mark Wahlberg, Cooper, Network's, Alix Earle, Madeline Argy, Harry Jowsey, Owen Thiele —, —, Alex, Scott Greenstein Organizations: Service, CNBC, Spotify, SmartLess, Business, Edison Research Locations: SiriusXM

☆ These Young Women Didn’t Want to Vote for Biden. They’re All In on Harris.
▼ + stars: | 2024-08-24 | by ( Claire Cain Miller | ) www.nytimes.com time to read: 1 min

Constance Lancelle, 22, of Milwaukee, was “definitely not interested in voting for Biden,” she said. But with Kamala Harris as the Democratic presidential candidate, she said, “I feel like politics have been a dream.”Sierra Sanson, 23, of Medford, N.J., planned to vote for Jill Stein of the Green Party, or not at all. Now she’s thrilled to support Ms. Harris: “She’s a badass woman who I want to see succeed.”Emily Baumel, 27, of Madison, Wis., hadn’t planned to vote for president, but will now vote for Ms. Harris: “I have a lot less dread; I like how much hope she’s giving people.”Vice President Harris’s candidacy has reinvigorated many Democrats and independents — and particularly young women. Their newfound enthusiasm is evident in interviews, and in early signals from polls in swing states and nationwide.

Persons: Constance Lancelle, Biden, ”, Kamala Harris, “, ” Sierra Sanson, Jill Stein, she’s, Harris, ” Emily Baumel, hadn’t, Harris’s Organizations: Democratic, Green Party, — Locations: Milwaukee, Medford , N.J, Madison, Wis

☆ Do you need a glucose monitor? Wellness enthusiasts are using diabetes arm patches to take control of their blood sugar
▼ + stars: | 2024-08-24 | by ( ) www.businessinsider.com time to read: +11 min

Jacobs started monitoring changes to her blood sugar with the help of a device called a continuous glucose monitor — an increasingly trendy wearable. Continuous glucose monitors, or CGMs for short, were FDA-approved in 1999 for people with diabetes to keep constant tabs on their blood sugar levels. Your blood sugar level measures how much glucose is in your blood, which comes from breaking down carbohydrates you eat for energy. After reading about how age-related hormone changes can affect blood sugar, she started tracking hers, and noticed a pattern. Research doesn't support the fear that rising blood sugar after a meal is cause for concern in otherwise healthy people.

Persons: —, Tracey Jacobs, Jacobs, Dr, Casey Means, CGMs, Gayle Pagano, Pagano, they're, she's, Means, Dane Cronin, Groove, David Klonoff, Jonathan Little, Klonoff, wearables, Little Organizations: Service, Business, FDA, Companies, CGMs, University of British Columbia, Research Locations: Florida, Nutrisense, prediabetes, San Mateo , CA

Though many say they are thankful to have Social Security payments at all, they aren't enough to fill the gap. To help pay the bills, nearly 80% of retirees receive some Social Security income, per BI's calculations, and the Social Security Administration estimates that 97% of older adults will ultimately receive benefits. She told BI that her expected $2,000 monthly Social Security payments may not be enough. As pensions dissipate and only higher-earning retirees have savings, Social Security might only become more pivotal for retirees. Advertisement"I don't want to be rich, I just need to be comfortable," 62-year-old Angela Babin — who lives on her $1,100 monthly Social Security check — told BI.

Persons: —, Emma Echols, she'll, Echols, she's, She's, Xers, Tracey Gronniger, Cheryl Simmons, Franklin D, Roosevelt, they've, Mary Dacus, Stephen, They've, Becky Davenport, Davenport, Donald Trump, Bernie Sanders, Elizabeth Warren, Gronniger, Angela Babin — Organizations: Service, Social Security, Business, Social, Security, Social Security Administration, SNAP, Pew Research Center, Republican, Republicans, allisonkelly Locations: Alabama, San Diego, Spain, Greece, Robinson , Illinois, Florida, Anchorage

☆ I'm a millennial mom of 3, and I rely on my mom's financial assistance
▼ + stars: | 2024-08-24 | by ( Alyse Benoit | ) www.businessinsider.com time to read: +6 min

Without a doubt, my mom expected to be free of dependents decades ago. But here I am, 39, unable to save a cent, in need of her financial support. I was otherwise financially independent, worked three jobs, had a good chunk of money saved, and my life was planned out. Not only was I feeling the effects of financial strain from the cost of school, but physical, mental, and ethical exhaustion had taken hold. She loaned me money to pay off that debt and told me I could pay my rent when I received my next student loan payment.

Persons: stepdad, —, I've Organizations: Service Locations: midlife

☆ VCs are fighting, investors are annoyed, and the presidential election has become a constant distraction that Silicon Valley just wants to be over
▼ + stars: | 2024-08-24 | by ( Ben Bergman | Melia Russell | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. She didn't sign, not because she doesn't support Harris (she does) but because she sees no upside in broadcasting her political intentions. The former president has also received endorsements from famous VCs Marc Andreessen, Ben Horowitz, Doug Leone, and David Sacks. Now, executives are waiting until after the election concludes to make any decision, according to a source familiar with the matter. Publicly supporting candidates has no upside for LPs, especially considering many LPs have their own agendas, added a VC.

Persons: —, Kamala, Kamala Harris, Harris, We're, Joe Biden, David Hornik, Israel —, There's, Leslie Feinzaig, VCs, Elon Musk, Trump, Marc Andreessen, Ben Horowitz, Doug Leone, David Sacks, Reid Hoffman, Reed Hastings, Ron Conway, Graham, Walker, MAGA, they're, Divya Kakkad, Sacks, Jesse Middleton, Middleton, Cameron Lester, Lester, tradespeople, ServiceTitan, I've Organizations: Service, Business, San Francisco, Lobby Capital, August, Republicans, Israel, Netflix, Graham, Craft Ventures, Jefferies, Publicly Locations: San, Silicon Valley, Los Angeles, Bay, New York

☆ Chappell Roan called out invasive fans. How fan behavior can cause some stars to retreat
▼ + stars: | 2024-08-24 | by ( Scottie Andrew | ) edition.cnn.com time to read: +11 min

But there’s a fundamental misunderstanding on the part of the fans who believe Roan’s online persona is the real her. “I think that’s really what she’s trying to say: ‘I’m doing this as an act. What fans expect from celebrities is changingMost of what fans know about Chappell Roan comes through a screen. Chappell Roan’s videos show that we don’t know celebrities as well as we think we doThe behavior Roan describes in her videos — ”stalking” her family and following her out in public — is “very atypical” of fans, Theran said. “We think we know celebrities, but we don’t really know them,” Theran said.

Persons: CNN — Chappell, ”, Roan, Babe ! ”, “, she’s, Chappell Roan —, Sally Theran, ” Theran, Chappell Roan, Cheney Orr, Reuters Roan, ” Roan, isn’t, Lucy Bennett, ” Bennett, Doja, Doja Cat, Arturo Holmes, I’m, ” Doja, John Mulaney, Theran, —, Bennett, Megan Thee, Nicki Minaj, Chappell, That’s, they’re, It’s, Taylor Swift, Olivia Rodrigo, Gareth Cattermole, it’s, Tom Power Organizations: CNN, YouTube, Pony, Wellesley College, Reuters, Cardiff University, “ Locations: Chicago, Roan, Massachusetts, Wales

☆ Meet the 'silver squatters': Adults in their mid-50s who are woefully unprepared for retirement
▼ + stars: | 2024-08-24 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Thomas is among what retirement experts are calling "silver squatters" — adults in their mid-50s who are even more woefully unprepared than some boomers, despite being about a decade away from retirement. This group of Gen Xers — the generation of Americans aged 43 to 59 — largely expects to postpone or work past their retirement. AdvertisementA majority also don't expect to receive any inheritance, despite their boomer predecessors holding onto trillions in wealth. The gap in retirement readiness could be due to the "unique" challenges of Gen Xers, according to Dylan Tyson, the head of retirement strategies at Prudential. Around half of Gen Xers are saving without a general plan for retirement, Prudential found.

Persons: Jim Thomas, he's, Thomas, He's, Pete Welch, Gen Xers, they'll, René, We're, Xers, Dylan Tyson, Inspira's Welch, there's, Welch, Tyson, expectancies, undersaved — Organizations: Service, Business, Social Security, Prudential Financial, Inspira, Prudential Locations: Austin , Texas

☆ The next shoe to drop in FX markets will reshuffle currency values in an unexpected way. Here's how TD Securities is trading it.
▼ + stars: | 2024-08-24 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Cooling global growth, continued geopolitical risks, and uncertainty around US election outcomes mean it could be a choppy ride for the next few months. But if US economic data stabilizes while global growth slows, as Bharadwaj expects, European currencies could be set for a violent snapback. "I do think that global growth right now is not holding up from our data trackers. "And in fact, we actually track global growth upgrades versus downgrades. And after a very long time, global growth downgrades are outpacing global growth upgrades, which indicates to me that even the global growth is not as rosy as markets are currently pricing it to be."

Persons: Jayati Bharadwaj, it's, Bharadwaj, you've Organizations: Service, TD Securities, Business, International Monetary Fund, Federal Reserve, Securities Locations: China, Europe, India

☆ A necessary step or government overreach? Economists are divided over Kamala Harris' plan to clamp down on food inflation
▼ + stars: | 2024-08-24 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

Read previewVice President Kamala Harris' proposal to combat grocery inflation hasn't elicited a range of opinions from economists, and many have turned to history to dispute her idea. Last week, the Democratic presidential nominee unveiled early details of her economic platform, which included a pledge to ban grocery price gouging. In a study from May, price gouging was the second leading perceived cause of inflation among surveyed consumers. AdvertisementWhether gouging deserves the blame for inflation, some have also criticized Harris' plan as an ineffective government overreach. Pundits have alluded to the price controls under President Richard Nixon.

Persons: —, Kamala Harris, Kenneth Rogoff, Harris, Ed Yardeni, Price, Richard Nixon, Stephen Moore, Lindsay Owens, Donald Trump Organizations: Service, Democratic, Business, CNN, Republican, Cato Institute, Heritage Foundation, CNBC, Federal Trade Commission, New York Times Locations: Cal, Maine

☆ This couple went on one cruise together. Now, they're moving onto a never-ending residential cruise ship.
▼ + stars: | 2024-08-24 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

AdvertisementThat is, until this spring, when Canen and Bodin, both 54, uprooted their lives in Maui, Hawaii, to move onto a new residential cruise ship called Villa Vie Odyssey. AdvertisementThe couple sold their business in MauiBodin told BI that before Villa Vie, the couple had never really considered leaving Maui. "We went pretty much every day for two weeks and spent all day there until they kicked us off," Canen told BI. AdvertisementBefore committing to Odyssey, Canen and Bodin looked into Storylines, which plans to construct its own residential cruise ship, MV Narrative. AdvertisementAre you sailing on a residential cruise ship like Villa Vie or have a tip?

Persons: —, Lanette Canen, Johan Bodin, Canen, Bodin —, we'd, Bodin, Mikael Petterson, Fred Olsen Cruise, Lanette, Villa Vie's, Villa, Maui Bodin, they've, Petterson, Villa Vie, We're, Angela, Stephen Theriac Canen, they'd, Kendra Holmes, they're Organizations: Service, Business, Villa, Residences, Fred Olsen Cruise Lines, South Pacific, YouTube, Sea Cruises, Cruises, Victoria Cruises Locations: Maui, Hawaii, Europe, Asia, Australia, South, North America, Africa, Belfast, Ireland, Braemar, Maui —, Italy, Croatia, Slovenia, Sweden, Canary, Norwegian, Villa Vie, Canen, Petterson

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