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☆ Robinhood's cofounder has joined the rapidly growing commercial space race, and wants to beam solar power from satellites to earth
▼ + stars: | 2024-10-21 | by ( Polly Thompson | ) www.businessinsider.com time to read: +9 min

Aetherflux aims to launch a constellation of satellites to transmit solar power to Earth using infrared lasers. Bhatt told BI why he's joining the commercial space race and what Robinhood taught him about capitalism. AdvertisementAetherflux aims to create a constellation of satellites in low Earth orbit (LEO) that will collect solar power and beam it down to receptors on Earth using infrared lasers. Caltech's president, Thomas F. Rosenbaum, said the project had shown them that solar power beamed from space "is still a future prospect" but that it "should be an achievable future." The science has already been demonstrated; it's just going to be an engineering and economic feat to prove it can be done from space, Bhatt said.

Persons: Baiju Bhatt, Bhatt, Robinhood, —, Vlad Tenev, Elon, Baiju Bhatt Bhatt, Thomas F, Rosenbaum, it's, he'd, you'll, Spencer Platt, Matthew Weinzierl, Weinzierl, Einstein, Aetherflux Organizations: he's, Service, California Institute of Technology, NASA, Langley Research Center, Stanford, DARPA, Investment, Space Angels, McKinsey, Harvard Business School, SpaceX, Getty, Apex, Forbes Locations: India, Anadolu, Bay

☆ U.S. crude oil rebounds more than 2% after selling off last week
▼ + stars: | 2024-10-21 | by ( Spencer Kimball | ) www.cnbc.com time to read: 1 min

U.S. crude oil futures jumped more than 2% on Monday, reclaiming some of the losses from last week's steep sell-off. The U.S. benchmark finished last week more than 8% lower as traders increasingly believe Israel-Iran tensions will not lead to an oil supply disruption in the Middle East. Prices rose Monday after China cut its benchmark lending rate. Saudi Aramco CEO Amin Nasser said he remains "fairly bullish" on demand in the world's second largest economy. Here are Monday's energy prices:The oil market has shifted focus back to supply and demand fundamentals, with consumption in China softening as supplies are expected to rise.

Persons: Amin Nasser, Morgan Stanley Organizations: Saudi Locations: U.S, Israel, Iran, China

☆ How a one-time GOP critic found alliance with Trump in pivotal Michigan Senate race
▼ + stars: | 2024-10-20 | by ( Manu Raju | ) edition.cnn.com time to read: +8 min

For more on the US Senate race in Michigan, watch CNN’s “Inside Politics Sunday with Manu Raju” this Sunday at 8 a.m. The former Republican congressman blamed then-President Donald Trump’s “chaotic leadership style” for costing his party two critical Senate seats in Georgia. He said that “the spell” around Trump had been broken by the US Capitol attack, which, he said, Trump’s actions “clearly” provoked. “Well, you’re damn right you had responsibility for this,” Rogers said of Trump on January 12, 2021. A fraying Democratic coalitionAs both sides see the race as a deadheat, the Senate Leadership Fund, a super PAC linked to Senate GOP Leader Mitch McConnell, is dropping a staggering $27 million in the final six weeks of the campaign.

Persons: Manu Raju ”, Mike Rogers, Donald Trump’s, Trump, “, Rogers, ” Rogers, Elissa Slotkin, Donald Trump, “ We’re, ”, Slotkin, ” Slotkin, Mitch McConnell, we’ve, “ I’ve, Spencer Platt, “ Slotkin, Osama Siblani, for, we’re, “ Kamala Harris, Alicia Smith, Chuck Stokes, Carolyn Clifford, Mandi, what’s, ” Trump, Harris, We’re, ‘ I’m, ” CNN’s Haley Talbot, David Wright, Max Rego Organizations: Senate, Warren , Michigan CNN, Republican, Democratic, Rogers, Trump, CNN, Republicans, GOP, –, Fund, ”, Political, American Political, Future Coalition PAC, WXYZ, Detroit Free Press, USA, Michigan Locations: Michigan, Warren , Michigan, Georgia, Detroit, Macomb County, Gaza, AdImpact, Michigan –, stoke, Southfield , Michigan, Mandi Wright, “

☆ Here are the 5 things that could move the stock market in the week ahead
▼ + stars: | 2024-10-20 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Earnings drove the stock market higher — can they do it again in the week ahead? But he acknowledged that timing is key because our portfolio discipline mandates that we consider lightening up our stock exposure in an overbought market. In fact, AMD was our worst-performing stock for the entire week, losing more than 7% following the prior week's 1.8% slide. Energy was the worst sector of the week for the market as oil prices sank. In the week ahead, housing numbers are the main draw on the economic front.

Persons: Jim Cramer, ASML, Morgan Stanley, WTI, industrials, We're, Sartorius, Danaher, we're, Stanley Black, Lockheed Martin, Philip Morris, Clark, Baker Hughes, Lam, DOV, CARR, Davidson, Northrop, Edwards Lifesciences, Jim Cramer's, Jim, Stocks, Tuesday's, Spencer Platt Organizations: Dow, Nasdaq, Netflix, Modelo, Corona, Constellation Brands, Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, Broadcom, Club, Abbott Laboratories, Energy, Texas, Honeywell, Danaher, Federal Reserve, Treasury, SAP, Logitech, Verizon, General Motors, GE Aerospace, GE, Lockheed, Quest Diagnostics, Norfolk Southern, Polaris, Seagate Technology, Texas Instruments, Canadian National Railway Company, Boeing, GE Vernova, Fisher, Boston, General Dynamics, Hilton, Lam Research, Business Machines, IBM, Newmont, Viking Therapeutics, Vista Energy, Mattel, O'Reilly Automotive, Whirlpool, American Airlines, United Parcel Service, Southwest Airlines, Tractor Supply Company, Carrier Global, Dow Chemical, DOW, Harley, Union Pacific, Valero Energy, Hasbro, Northrop Grumman, Ryder, Boyd Gaming, Western, Boston Beer Company, York Community Bancorp, Colgate, Palmolive, Newell Brands, Jim Cramer's Charitable, CNBC, NEW, Traders, New York Stock Exchange, Getty Locations: BlackRock, CrowdStrike, U.S, Dover, Freeport, McMoRan, Kimberly, Norfolk, Las, ORLY, VALE, New York City

☆ We are 15 days from the 2024 presidential election. Here's where things stand.
▼ + stars: | 2024-10-20 | by ( Brent D. Griffiths | John L. Dorman | ) www.businessinsider.com time to read: +9 min

The presidential race remains razor close, with control of the White House at a coin-flip. AdvertisementIn just over two weeks, Election Day 2024 will be here — a final cap to a wild, at times unprecedented presidential fight that, for the moment, remains far too close to call. Noted election forecaster Nate Silver's model now shows Trump with an extremely slight lead in what continues to remain a toss-up race. Harris trolled Trump on Friday for being "exhausted," referencing a string of interviews he has reportedly walked away from. In the overwhelmingly conservative state, there's a swing district, the Omaha-based Nebraska 2nd.

Persons: —, Joe Biden, Kamala Harris, Donald Trump's, pollster Kristen Soltis Anderson, iecuUVyJ5e, Kristen Soltis Anderson, Harris, Mark Robinson, Nate Silver's, Harris trolled Trump, Trump, Barack Obama, Hillary Clinton, She's, Mark Cuban, Liz Cheney, Obama, Bruce Springsteen, Clinton, Bon Jovi, He's, It's, Melania Trump, night's Al Smith, Mike Pence, cohosts, Nikki Haley, Elon Musk, Musk, Spencer Platt, Mary, there's, There's, Biden, Trump's, Warren Buffett's Organizations: Service, White, Labor, RCP, Trump, Gov, The New York Times, Democrats, GOP, Capitol, Fox, Tesla, PAC, Getty, Pennsylvania, North Carolina —, Democratic, Electoral, Nebraska, Nebraska Republicans Locations: North Carolina, Wisconsin , Michigan, Pennsylvania, Michigan, Siena, Georgia, Des Moines , Iowa, Philadelphia, New York, Michigan , Pennsylvania, Wisconsin, Nebraska, Maine , Nebraska, Omaha, Minnesota , New Hampshire, New Mexico, Arizona

☆ 'Lieutenant Dan,' who gained fame riding out hurricanes on boat, is arrested in Florida
▼ + stars: | 2024-10-18 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

Joseph Malinowski, who gained internet fame because of his risky decisions to ride out Hurricane Helene and Milton on his 20-foot sailboat, was arrested Friday on multiple charges including failing to appear in court, Tampa police said. Malinowski, 54, known as "Lieutenant Dan," was arrested on two outstanding warrants for failure to appear in court and a misdemeanor charge of trespassing in a city park after warning, police said in a statement. Tampa police try to persuade "Lieutenant Dan" to leave for his safety, on Oct. 9. Spencer Platt / Getty ImagesHe was told to leave the Bayshore Linear Park and Dock but was still there Friday morning, police said. Malinowski survived Hurricane Milton aboard his sailboat after capturing national attention when TikTok creator Terrence Concannon posted a series of videos about his experience riding out Hurricane Helene.

Persons: Joseph Malinowski, Milton, Malinowski, Dan, Spencer Platt, Terrence Concannon, Hurricane Helene Organizations: Tampa police, Tampa, Hurricane Locations: Tampa, Hillsborough

Christopher Polk/Getty Images Payne takes a selfie with fans at the 2014 ARIA Awards in Sydney. Cameron Spencer/Getty Images Payne performs with One Direction during one of their last concerts together in Los Angeles in 2015. Terence Patrick/CBS/Getty Images Payne poses for photos with his then partner Cheryl Cole at the 2018 BRIT Awards in London. Joe Maher/FilmMagic/Getty Images Payne performs on "The Today Show" in 2019 to promote the release of his first solo album. Kate Green/Getty Images Payne warms up before Soccer Aid for UNICEF 2023 charity match in Manchester, England.

Persons: Liam Payne’s, Payne, ’, Marcelo Roma, Liam Payne, James Shaw, Shutterstock Payne, Louis Tomlinson, Zayn Malik, Harry Styles, Niall Horan, Nicole Scherzinger, Ken McKay, Shutterstock, Dave Hogan, Christopher Polk, Cameron Spencer, James Corden, James Van Der Beek, Jim Gaffigan, Terence Patrick, Cheryl Cole, Bear, Joe Maher, FilmMagic, Kate Green, Will Matthews, Marc Piasecki, Luis Robayo, Singer Liam Payne, ”, ‘, they’re “, “ Liam, ” Harry Styles, Zayn Malik –, –, “ We’re, Liam, Simon Cowell, Malik, ” Tomlinson, Agustin Marcarian, REUTERS Payne, Tomlinson, ” Malik, “, ” Horan, he’s “, ” Styles Organizations: CNN, Party, Fremantle Media, Getty, CBS, NBC, Soccer Aid, UNICEF, Todo Noticias, Associated Press, UK’s, Media, REUTERS Locations: Buenos Aires, Argentina, London, Wolverhampton , England, Barbados, Los Angeles, Sydney, Manchester, England, Paris, AFP

☆ Sean Payton delivered New Orleans its only Super Bowl. Now he returns as opposition.
▼ + stars: | 2024-10-17 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +2 min

The Game: Denver (3-3) at New Orleans (2-4)The Storyline: Denver coach Sean Payton returns to New Orleans for the first time since 2022, when he stepped down after 15 seasons as the Saints’ coach, a run that included the franchise’s only Super Bowl title. Payton has downplayed the effect the emotions of the visit will have on the game itself, as has Dennis Allen, the longtime Saints assistant who succeeded Payton. New Orleans has converted 47% of its third-down opportunities, the NFL’s third-highest rate, while the Broncos rank second worst at 25%. Saints rookie quarterback Spencer Rattler completed 22 of his 40 passes against Tampa Bay with a touchdown and two interceptions Sunday in his pro debut. That could spell trouble against a New Orleans defense with 10 interceptions, second most in the league.

Persons: Sean Payton, Payton, Dennis Allen, Derek Carr, Chris Olave, Spencer Rattler, Bo Nix Organizations: Denver, Saints, Broncos, Los Angeles Chargers, New Orleans ’, Tampa Bay Buccaneers, Tampa Bay, The Broncos, New, Amazon Locations: New Orleans, Orleans

☆ Liam Payne and his fans grew up together. A look back at his life in the spotlight
▼ + stars: | 2024-10-17 | by ( Lisa Respers France | ) edition.cnn.com time to read: +9 min

At the time, the young Payne said he was more focused making music than schoolwork. Christopher Polk/Getty Images Payne takes a selfie with fans at the 2014 ARIA Awards in Sydney. Terence Patrick/CBS/Getty Images Payne poses for photos with his then partner Cheryl Cole at the 2018 BRIT Awards in London. Joe Maher/FilmMagic/Getty Images Payne performs on "The Today Show" in 2019 to promote the release of his first solo album. Zayn Malik, Louis Tomlinson, Liam Payne, Niall Horan and Harry Styles on the 'The X Factor' in 2010.

Persons: Liam Payne, Payne, “, ”, Louis Walsh, James Shaw, Shutterstock Payne, Louis Tomlinson, Zayn Malik, Harry Styles, Niall Horan, Nicole Scherzinger, Ken McKay, Shutterstock, Dave Hogan, Christopher Polk, Cameron Spencer, James Corden, James Van Der Beek, Jim Gaffigan, Terence Patrick, Cheryl Cole, Bear, Joe Maher, FilmMagic, Kate Green, Will Matthews, Marc Piasecki, Luis Robayo, Singer Liam Payne, ” Payne, I’ve, Frank Sinatra’s, Simon Cowell, Michael Buble’s, ” Cowell, Cowell, Directioners ”, Iron, “ He’s, Malik, Cole, Tolga Akmen, 😘😘 Organizations: CNN, Wolverhampton, Party, Fremantle Media, Getty, CBS, NBC, Soccer Aid, UNICEF, MTV Locations: Buenos Aires, Argentina, London, Wolverhampton , England, Barbados, Los Angeles, Sydney, Manchester, England, Paris, AFP, “

☆ Crude oil prices edge higher after four-day losing streak
▼ + stars: | 2024-10-17 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Crude oil futures rose slightly Thursday after a four-day losing streak as fears of a supply disruption in the Middle East eased and a surplus looms over the market next year. Here are Thursday's energy prices:Israel has reportedly told the U.S. that it will refrain from hitting Iran's oil facilities in retaliation for the Islamic Republic's Oct. 1 ballistic missile attack. The oil market sold off steeply Tuesday on reports that Israel will limit its strike to military targets in Iran. An attack on oil facilities, however, could disrupt 1.4 million bpd of Iran's production, Saraswat said. A full-blown war could lead to Iran choking the Strait of Hormuz, jeopardizing 12 million bpd of oil and "driving up prices sharply," the analyst said.

Persons: Aditya Saraswat, Saraswat Organizations: Rystad Energy Locations: Israel, retaliating, Iran, East, Hormuz, jeopardizing

☆ JPMorgan says buy these power producers on the 'paradigm shift' in electricity demand from AI data centers
▼ + stars: | 2024-10-17 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Independent power producers Vistra , Constellation Energy and Talen Energy are positioned to benefit from a "paradigm shift" in electric demand from artificial intelligence data centers, according JPMorgan. "We see structural tailwinds, including manufacturing onshoring, broader electrification trends (transportation, heating, and more), as well [as] data center development underpinning a paradigm shift in power demand," Tonet and his team told clients in research report. Demand from tech companies for carbon-free power to drive their data centers will transform nuclear power and enable its owners to "command a substantial premium," they wrote. CEG 1Y mountain Constellation Energy shares over the past 12 months. TLN 1Y mountain Talen Energy stock over the past year

Persons: Jeremy Tonet, Tonet, Vistra Organizations: Constellation Energy, Talen, JPMorgan, Lone Star State, VST, Microsoft, Constellation, Amazon Web Services, Susquehanna, Energy Locations: Wednesday's, Texas, Pennsylvania

☆ U.S. crude oil falls below $71 per barrel, continuing sell-off
▼ + stars: | 2024-10-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: 1 min

U.S. crude futures edged lower Wednesday to trade below $71 per barrel, after selling off steeply in the previous session on reports that Israel will not attack Iran's oil facilities. The U.S. benchmark tumbled more than 4% on Tuesday, after Israel told the U.S. that it will limit its retaliatory strikes to military targets in Iran, senior Biden administration officials told NBC News. Crude oil prices have given up most of the gains made in the wake of Iran's Oct. 1 ballistic missile attack on Israel, as fears of an oil supply disruption in the Middle East have eased. Here are Wednesday's energy prices:

Persons: Israel Organizations: Biden, NBC Locations: Israel, U.S, Iran

☆ CNBC Daily Open: Bullish sentiment and broadening rally – markets are in a good place
▼ + stars: | 2024-10-16 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Spencer Platt | Getty Images News | 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. What you need to know todayThe bottom lineDespite markets falling Tuesday, there's still plenty to like about their current state. Weighed down by ASML's 16% dive and a report by Bloomberg on potential AI-chip export controls, semiconductor stocks like Nvidia and AMD fell 4.7% and 5.2% respectively. Still, investors are the most bullish in four years, according to the October BofA Global Fund Manager Survey.

Persons: DJI, Spencer Platt, there's, They're, Michael Hartnett, Mary Daly, who's, Dow, Piper, Craig Johnson, –, Jeff Cox, Samantha Subin, Yun Li, Lisa Kailai Han, Alex Harring Organizations: AMD, New York Stock Exchange, Getty, CNBC, ASML's, Bloomberg, Nvidia, Semiconductor, Nasdaq, Dow Jones, Dow, Survey, U.S . Federal Reserve, San Francisco Fed, Federal Locations: U.S, Beijing

☆ U.S. crude prices fall more than 4% as Israel is not expected to strike Iran’s oil industry
▼ + stars: | 2024-10-15 | by ( Spencer Kimball | ) www.nbcnews.com time to read: +3 min

Year to date, U.S. crude oil has fallen more than 1%. But Croft warned of a spiral of escalation that could ultimately lead to an oil disruption. Israel could be holding the oil card in reserve until they see how Iran responds to their strike, she said. OPEC also has millions of barrels per day in spare capacity that could jump into the breach if there is a supply disruption. “They will want to see that there is a physical supply disruption before they really jump in front of this.”

Persons: Israel, Helima Croft, CNBC’s, Brent, Croft, ” Croft, “, ” Organizations: Biden, NBC News, RBC Capital Markets, West Texas Intermediate, Natural Gas, Israel, Global, International Energy Agency, IEA, OPEC Locations: Israel, Iran, Americas, U.S, Saudi Arabia

☆ Citi initiates Constellation coverage with caution, warns of potential delays at Three Mile Island
▼ + stars: | 2024-10-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Citi is warning that Constellation Energy could face execution risks in restarting the Three Mile Island nuclear plant , initiating coverage of the high-flying power stock with caution. But Citi analyst Ryan Levine warned that Constellation will likely face cost overruns and delays in restarting Three Mile Island. Every month that the project is delayed could shave 9 cents off Constellation's stock, according to Levine. Levine also warned that Constellation could face challenges inking deals to directly power data centers with its nuclear reactors, the largest such fleet in the country. About 35% of Constellation's current stock price assumes power sales from its nuclear fleet to the tech companies scaling up data centers.

Persons: Ryan Levine, Levine Organizations: Citi, Constellation Energy, Constellation, Microsoft

☆ Data centers will prolong coal demand, benefiting these miners, Moody’s says
▼ + stars: | 2024-10-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

The power needs of data centers will temporarily prolong the demand for coal, maintaining the reliability of the electric grid but delaying the nation's decarbonization goals, according to Moody's Ratings. The electricity demand from data centers could more than double to 35 gigawatts by 2030 compared to 17 gigawatts in 2022, according to a Moody's report published Monday. "It can be cost effective for them to supply coal to those power plants, and those power plants can, in turn, meet the incremental demand coming in from the new data centers," Sama said. The benefit to U.S. coal producers, however, will be temporary as data center developers transition to cleaner sources of power, according to Moody's. But sustained coal demand in the U.S. due to data centers could briefly lift prices before coal resumes its decline after a few years, according to Moody's.

Persons: Elena Nadtotchi, Sandeep Sama, Sama, Joseph Craft, Consol Organizations: Coal, Resource Partners, Arch Resources, Consol Energy, CNBC, Resources, Energy Information Administration, Department of Energy, PJM, Alliance, Wall Street Locations: U.S, Appalachia, Virginia

☆ Analysis: Harris warns ‘unhinged’ Trump is out for total power
▼ + stars: | 2024-10-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —Kamala Harris is responding to Democratic panic about her White House prospects by turning up the heat on Donald Trump. The vice president warned Monday that the ex-president was “unstable,” “unhinged” and out for “unchecked power” as she sent a jolt of urgency though her campaign with 21 days to go. Democratic vice presidential nominee Tim Walz, meanwhile, went even further, suggesting the ex-president’s musings about using the military against domestic foes he branded “the enemy from within” could even amount to treason. An image of former President Donald Trump appears on screen as Vice President Kamala Harris speaks during a campaign rally in Erie, Pennsylvania, on October 14, 2024. Trump sought to make inroads with young men who are often low-propensity voters but who could add to his coalition.

Persons: CNN — Kamala Harris, Donald Trump, ”, ” Harris, Tim Walz, meanwhile, Harris, Joe Biden, Trump, Spencer Platt, Pennsylvania Harris, it’s, She’s, Kamala Harris, Jacquelyn Martin, “, “ Donald Trump, Walz, Staff Mark Milley, Bob Woodward’s, ” Walz, JD Vance, ’, Barack Obama, Roland Martin, I’ve, won’t, Doug Emhoff, “ It’s, Evelyn Hockstein, Biden, Kristi Noem, authoritatively, Joe Rogan’s Organizations: CNN, “, Democratic, Republican, Fox News, White, Biden, Trump, National Guard, Army National Guard, Joint Chiefs, Staff, South Dakota Gov, Black, YouTube, UFC Locations: Pennsylvania, ”, Arizona, Oaks , Pennsylvania, Erie , Pennsylvania, Erie, Pennsylvania …, Minnesota, Ohio, Minneapolis, Erie County, Trump, Oaks, Philadelphia

☆ Crude oil prices fall more than 4% as looming surplus overshadows Iran-Israel tensions
▼ + stars: | 2024-10-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Crude oil futures fell more than 4% on Tuesday, as a looming global oil surplus next year overshadowed the risk of a supply disruption from the conflict between Israel and Iran. Oil prices spiked earlier this month after Iran hit Israel with a ballistic missile attack, raising fears that Israel would respond by targeting the Islamic Republic's oil facilities. The International Energy Agency said Tuesday that its members are prepared to take action if there is a supply disruption in the Middle East. Meanwhile, crude production in the Americas, led by the U.S., is poised to grow by 1.5 million bpd this year and next, the IEA said. OPEC has cut its oil 2024 forecast for the third consecutive month in a row.

Persons: Israel Organizations: International Energy Agency, OPEC Locations: Israel, Iran, Americas, U.S

☆ Crude oil prices fall nearly 2% after OPEC cuts demand forecast again
▼ + stars: | 2024-10-14 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Crude oil futures fell nearly 2% on Monday after OPEC cut its demand forecast for 2024 for the third time in a row. OPEC now sees demand growing by 1.9 million barrels per day in 2024, down from 2 million bpd in its previous forecast, according to a report released Monday. The group expects demand to grow by 1.6 million bpd in 2025, compared with 1.7 million bpd previously. U.S. officials told NBC News that Israel has narrowed down the targets it plans to hit. These include military targets and energy infrastructure, the officials told NBC.

Persons: Tamas Varga Organizations: Traders, NBC News, NBC Locations: China, Israel, Iran, U.S

☆ This top concern of U.S. retirees is a 'huge risk factor,' says retirement expert—here's how to plan for it
▼ + stars: | 2024-10-14 | by ( Ryan Ermey | ) www.cnbc.com time to read: +8 min

"Long-term care costs are completely outside of our health-care system. Medicaid is a needs-based health-care program, and eligibility requirements to receive long-term care under the program vary from state to state. "You might think about the average duration of long-term care along with the average costs to build a long-term care fund." Long-term care insuranceThe middle path involves buying insurance designed to help pay for long-term care. This can include long-term care insurance or whole life insurance with a long-term care rider.

Persons: Christine Benz, Morningstar, Spencer Look, CNBC's, SurveyMonkey, Yusuf Abugideiri, Yeske Buie, they'll, Gerika Espinosa, you'd Organizations: Medicare, Morningstar, Care Survey, Benz, Medicaid, Centers, Services, American, Aging, Administration for Community, American Association for, Care Insurance, CNBC Locations: U.S, Vienna , Virginia, Salt Lake City , Utah

Almost half of young women have at least a bachelor’s degree compared to 37% of young men. That compares to 2008, when Barack Obama won the votes of 66% of young men. One of the biggest financial pressure points for young men has been higher rents, which are up around 20% since 2020. Young men are more likely to be financially dependent on their parents compared to young women, with 74% of women describing themselves as mostly financially independent compared to 62% of young men, according to a Pew survey. I think Trump will do better with young men than among young women — the gap will be pretty significant in terms of voter support — but I don’t think Trump’s going to win an overwhelming majority.

Persons: David Tasker, he’s, Donald Trump, “ Trump, Kamala, ” Tasker, ” Young, Tasker, it’s, ”, Dan Cox, Andrew Caballero, Reynolds, Richard Reeves, Reeves, “, Young, Kamala Harris, Harris, Barack Obama, Trump, Joe Biden, He’s, Melissa Deckman, Gen Z, they’re, Hulk Hogan, Chip Somodevilla, Hogan, Obama, “ I’m, I’ve, ” Obama, Spencer Platt, Biden, ” Reeves, Derek, You’ve, Sam Lilly, Lilly, “ I’ve, Emily Elconin, “ It’s, Cox Organizations: America, Democratic, Survey Center, American Enterprise Institute, Pew Research Institute, Renwick, Washington , D.C, AFP, Getty, American Institute for Boys, Democratic Party, Harvard Institute of Politics, Republican National Convention, Trump, Bank of America, Intuit Credit Karma, NBC, Bloomberg Locations: Pennsylvania, America, Washington ,, Milwaukee, Pittsburgh, Manhattan, Wisconsin, Royal Oak, Mich

Are we living through another Lamar Jackson MVP season? The Bears defense has also been phenomenal and will keep them in games even when Williams will inevitably struggle, as all rookies do. Full disclosure: One of my bold predictions entering the season was that Rattler would wind up taking Derek Carr’s job this season. The bigger concern is the Saints’ defense, which surrendered 600 yards and 50 points and allowed the Bucs to convert 6 of 10 third downs. It doesn’t matter who plays quarterback — the Saints defense has to put up some resistance.

Persons: Lamar Jackson’s, Jayden Daniels, Tim Graham, Mike Jones, Ted Nguyen, Lamar Jackson, Jones, Jackson, Derrick Henry, I’d, Henry, Graham, Josh Allen, Allen, Allen doesn’t, Josh, Nguyen, He’s, lookin ’, They’ve, I’m, Caleb Williams, — don’t, Shane Waldron, —, Williams, It’s, Keenan Allen, he’ll, Drake Maye, we’ve, Maye, Jacoby Brissett, Will Anderson, Kayshon Boutte, Rhamondre Stevenson, they’re, Spencer Rattler, Rattler, Baker Mayfield, Todd Bowles, Derek Carr, Chris Olave, Derek Carr’s, Carr, don’t, Patrick Smith Organizations: Lamar Jackson’s Ravens, The Athletic NFL, AFC, Ravens, Baltimore, Chicago Bears, NFC, Rams, Panthers, Jaguars, Falcons, Bears, Chicago, Detroit, Sunday, Patriots, Texans, Dolphins, Jets, NFL, woeful Jaguars, Houston, Saints, Bucs Locations: Baltimore, Cincinnati, muffle, Bay , Minnesota, New England, New Orleans, South Carolina, Rattler, Oklahoma

☆ As Florida reels, focus turns to restoring power, assisting victims in Hurricane Milton's wake
▼ + stars: | 2024-10-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Denise-Chow-Byline-Jm.Jpg | Denise Chow | ) www.nbcnews.com time to read: +4 min

Restoring power, clearing debris and distributing fuel are now the top priorities in Florida as the state continues to reel in the wake Hurricane Milton. Parts of western and central Florida continue to face the risk of significant flooding in creeks and rivers continue to rise. In a “major” flood stage, the agency expects “extensive inundation of structures and roads,” with the possible need to evacuate people and transfer property to higher elevations. Water levels are expected to continue rising in the coming days, posing a major flood risk in low-lying parts of the county, officials said. Parts of central Florida are also facing elevated risks of flooding due to high water levels in the St. Johns River and Ocklawaha River.

Persons: Milton, Ron DeSantis, DeSantis, “, Tristan Wheelock, Spencer Platt Organizations: Florida Gov, Sarasota Bradenton International Airport, Bloomberg, Getty, National Oceanic, Atmospheric Administration, NOAA, Hillsborough Locations: Florida, Plant City, Bradenton, St, Petersburg, Hillsborough County, Pinellas County, Tampa, Airports, St . Petersburg, Fla, Tampa Bay, Clearwater Beach, Seminole, Hillsborough, Cypress, ”, New Port Richey, Pasco County, Johns

Quarterbacks Jayden Daniels versus Lamar Jackson should be pure fireworks, but it's far from the only intriguing matchup this weekend. Henry has scored in all five games this season while rushing for a league-high 572 yards. Considering down and distance, Henry has rushed for 229 yards more than expected, according to advanced NFL stats. Kirk Cousins, meanwhile, is fifth in passing yards per game despite a slow start for Atlanta’s offense. The Lions are conceding 349.0 yards per game, 11th-worst in the NFL.

Persons: Jayden Daniels, Lamar Jackson, Robert Saleh, QB Drake Maye, Daniels, Jackson, Derrick Henry, Henry, Joe Flacco, Flacco, Anthony Richardson, Will Levis, Derek Carr, Spencer Rattler, Deshaun Watson, it’s, Devonta Smith, A.J, Brown, Aidan O’Connell, Gardner Minshew, Davante Adams, isn’t, Justin Fields, Russell Wilson, —, Joe Burrow, Buffalo skidding, Josh Allen, Robert Saleh —, Aaron Rodgers, “, ”, haven’t, Caleb Williams, Jordan Love, they're, Drake Maye, Maye, Bo Nix hasn’t, He’s, Justin Herbert, Andy Dalton, Kirk Cousins, Dak Prescott Organizations: Ravens, The Buffalo Bills, New York Jets, Cowboys, Detroit Lions, Dallas, NFC, Patriots, Houston Texans, Washington, NFL, Colts, Titans, Richardson, Buccaneers, Kansas City, Browns, Eagles, Cleveland, Steelers, Raiders, Las Vegas, Pittsburgh, Bengals, Giants, Bills, Jets, Lions, Buffalo, Jaguars, Bears, Chicago, Panthers, Rams, Jacksonville, Cardinals, Packers, Green, Los, Arizona, 49ers, Texans, Dolphins, Houston, Chargers, Broncos, Denver, Falcons, Prescott, The Lions Locations: Baltimore, New England, Washington, Jacksonville, New Orleans, Cincinnati, London, Los Angeles, San Francisco, Tampa Bay and New York, Carolina, Pittsburgh

☆ U.S. crude oil on pace to eke out second weekly gain on Middle East war risk
▼ + stars: | 2024-10-11 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil on Friday was on pace to eek out its second weekly gain in a row as Israel prepares to retaliate against Iran. Oil prices have gained more than 10% through Thursday's close since Iran hit Israel with ballistic missiles last week. Here are Friday's energy prices:Israel's security cabinet met Thursday to discuss the country's response to Iran's attack, according to media reports. Traders have worried that Israel will hit Iran's oil industry, potentially triggering a cycle of escalation that causes a significant disruption of supplies in the Middle East. Croft warned, however, that the U.S. influence may have waned since April, when Israel's response to Iran's first missile and drone attack was relatively muted.

Persons: Natasha Kaneva, Morgan, Joe Biden, Benjamin Netanyahu, Biden, Israel, Helima Croft, Croft Organizations: Brent, Traders, RBC Capital Markets Locations: Iran, The U.S, Israel

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