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LOS ANGELES — Shohei Ohtani is baseball’s fastest 40-40 man. The Japanese superstar blasted a two-out grand slam in the ninth inning for his 40th homer after earlier stealing his 40th base, lifting the Los Angeles Dodgers to a 7-3 win over the Tampa Bay Rays on Friday night. “It’s really more about the winning,” Ohtani said through an interpreter. “I don’t know if that’s ever been done and then he wins it with a grand slam. He then threw it into the stands, so Ohtani didn’t end up with the keepsake, according to Ohtani’s interpreter Will Ireton.
Persons: Ohtani, He’s, “ It’s, ” Ohtani, Alfonso Soriano, , Dave Roberts, , Jose Siri, Will Ireton Organizations: ANGELES, Los Angeles Dodgers, Tampa Bay Rays, Dodgers, Washington Nationals, Rays
As a native Hawaiian, the Texas life proved to be cheaper than island living — from groceries to gas. I wanted to go back home to Hawaii but felt overwhelmed by the logistics of closing the distance. I had just turned 28 and felt discouraged; I was broke, unemployed, and living with my parents. AdvertisementIf I wanted to call Hawaii home for the foreseeable future, I knew I had to make some financial changes. Living with my parents helped me finally plan for a futureThe US financial system can be difficult to grasp.
Persons: , I've, I'm Organizations: Service, Business, Hawaii Locations: Austin, Texas, Hawaii, Oahu
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
More than halfway through the third quarter, many of the biggest commodity ETFs in the United States are in sizable holes. Kathy Kriskey, senior commodities ETF strategist at Invesco, said that oil supply is actually tight at the moment. The commodities slump could be partially due to mechanical factors in the market, such as low trading volumes combined with large commodity trading advisors betting against the sector, Kriskey said. "The price of corn has taken almost three full years from those 2022 spike highs to get back down. And oil, one of the biggest weights in commodity indexes, could see stepped up supply in coming months.
Persons: It's, Ryan Grabinski, Strategas, Kathy Kriskey, Kriskey, Sal Gilbertie, We're, Gilbertie, What's, Jerome Powell, Goldman Sachs, Morgan Stanley, Matijn, — CNBC's Michael Bloom Organizations: Strategy, United States Oil Fund, U.S ., Commodities, 4Q, DB Base Metals Fund Locations: United States, Ukraine, U.S, China
Read previewOn weekends, a gig delivery worker in Utah takes out his phone and opens one of three apps to make some extra money as an independent contractor. However, the people doing the work say that things like performance metrics often eat into that flexibility. "It doesn't feel much like I'm on contract," the Utah gig worker told Business Insider. But metrics such as this are just one aspect of delivery gig work that workers say feels like a traditional job. Related storiesFor example, one Chicago delivery worker told BI that he avoids Grubhub due to the app's scheduling feature.
Persons: , Uber, Grubhub doesn't, Instacart, DoorDash, they're, Grubhub, David Jacobs, Jacobs, there's Organizations: Service, Business, Costco, Walmart, US Department of Labor, Trump, Kogod School of Business, Wall Locations: Utah, Chicago, Seattle
The Summary Despite high ocean temperatures, hurricane season has hit a lull. The Gulf of Mexico is blazing hot, but hurricane season — temporarily, at least — has hit a lull, a surprise to researchers who see plenty of ingredients brewing in the Atlantic but no storms on the radar. Hurricane season begins June 1 and ends Nov. 30. Hurricane scientists predicted a record hurricane season this year, and it got off to a record-setting start when Hurricane Beryl became the first Category 4 storm to form in the Atlantic Ocean in June. The unofficial peak of hurricane season is Sept. 10.
Persons: , , , Philip Klotzbach, ” Klotzbach, Hurricane Beryl, it’s, Steve Bowen, Gallagher, unquote, ” Bowen, “ We’ve, we’re Organizations: National Hurricane Center, Colorado State University, University of Miami, University of Maine’s, Gallagher Re Locations: Gulf, Mexico, University of Miami ., Gulf of Mexico, West Africa
Harris hasn’t yet released many details about her strategy to wipe out medical debt, but policy experts say a newly implemented medical debt relief program from North Carolina could offer a roadmap. Roy Cooper announced that nearly 100 hospitals in the state had signed on to participate in the Medical Debt Relief Incentive Program, which he said will incentivize hospitals to eliminate $4 billion in medical debt for 2 million low- and middle-income patients over the next two years. At a campaign event last week in Raleigh, North Carolina, Harris thanked Cooper for canceling medical debt in his state, and Cooper introduced Harris at the convention Thursday. Hospitals will get additional federal funds if they forgive existing debt and move to prevent future medical debt. “I see medical debt as the most salient example of a health care system which isn’t working,” he said.
Persons: Kamala Harris, Harris, Harris hasn’t, Roy Cooper, Cooper, Neale Mahoney, , ” Mahoney, , Adam Gaffney, Larry Levitt, Levitt, , Mahoney, Harris ’, ” Levitt, Will, aren’t, Ciara Zachary, Zachary, it’s, Barack Obama, ” Zachary Organizations: Democratic, Convention, North Carolina Gov, Debt Relief, Stanford University, White, National Economic Council, Cambridge Health Alliance, Consumer Financial, White House, North Carolina Department of Health, Human Services, Medicaid, UNC Gillings School of Global Public Health, Medicare, Services, Republican, Affordable Locations: United States, Chicago, U.S, KFF, North Carolina, Raleigh , North Carolina, “ North Carolina, Massachusetts,
How lower mortgage rates will impact the housing market
  + stars: | 2024-08-23 | 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 EmailHow lower mortgage rates will impact the housing marketTaylor Morrison CEO Sheryl Palmer joins 'Money Movers' to discuss the housing market as mortgage rates continue to tick lower and July's new home sales report shows significant gains.
Persons: Taylor Morrison, Sheryl Palmer
Subscription revenue growth grew 17%. With respect to guidance, Workday is now looking for an adjusted operating margin of 25.25% in the 2025 fiscal year, compared with the 25% forecast it provided in May. In September 2023, Workday said it was targeting a 25% adjusted operating margin for fiscal year 2027 and subscription revenue growth between 17% and 19%. Deutsche Bank analysts led by Brad Zelnick increased their 12-month price target on Workday stock to $275 from $265. "The increased 30% operating margin target was the big upside surprise as it is now committed both sooner and greater than most were expecting," the analysts wrote.
Persons: Carl Eschenbach, Zane Rowe, Rowe, We're, Brad Zelnick, Piper Sandler, Jerome Powell, Carl Eschenbach didn't, Julie Biel Organizations: Deutsche Bank, Citi, Evercore ISI, Computing Fund Locations: Davos, Switzerland
The first thing Lucie Castets intends to do as France’s next prime minister is to peel back the age of retirement to 62. To pay for at least some of that, she will introduce a tax on the country’s ultrarich. Ms. Castets, the candidate of choice of the left-wing coalition that won the most seats in France’s snap legislative elections that ended in July, has not been tapped for the job. “We are in a somewhat Kafkaesque, surreal situation, where a candidate for the post of prime minister is campaigning for a job that she cannot exercise,” Rémi Lefebvre, a professor of political science at the University of Lille, said. Almost seven weeks since those elections ended in deadlock, with neither left, right nor center winning a majority, France remains intractably stuck.
Persons: Lucie Castets, Castets, Emmanuel Macron, ” Rémi Lefebvre, intractably Organizations: University of Lille Locations: France
Researchers first spotted the insect, dubbed the “ManhattAnt,” while doing a survey on ants in New York City in 2011. By comparing the New York ants with the European ones, Seifert was able to confirm the ant’s identity. Because the nests work together instead of against one another, they can spread faster and easily dominate an area by outcompeting native species, he added. “One of the things we know about a lot of invasive ant species is they displace the native species, and the native species that they’re displacing usually have very specialized roles in the ecosystem, so you’re sort of disrupting that ecosystem when these species get introduced,” Moreau said. Time will tell whether the ant has become more than just a nuisance and is disrupting the ecosystem, Penick said.
Persons: North America —, , Clint Penick, Samantha Kennett, Becca Senft, Penick, Corrie Moreau, Moreau, Bernhard Seifert, Seifert, Kennett, ” Moreau Organizations: CNN, New Yorkers, Auburn University, Apple, Cornell University, Clemson University Locations: North America, Manhattan, European, Europe, New York City, Alabama, Long, New Jersey, Maine, Georgia, New York, Germany, York, South Carolina
Here’s what you need to know:Two key changesHistorically, buyers were not expected to pay their real estate broker directly. That’s because Realtor commission fees — to both the buyers’ agent and the sellers’ agent — were paid by a home seller. Tiffany Hagler-Geard/Bloomberg/Getty ImagesThe second change affects the relationship between prospective home buyers and their real estate agents. A key element to these agreements is that a buyer’s agent cannot receive more compensation than what the buyer initially signed onto, even if a seller is willing to offer more. The National Association of Realtors agreed to settle litigation over commission rules for US real estate agents, clearing the way for possible changes in how Americans buy and sell homes.
Persons: CNN —, Kevin Sears, , , Tanya Monestier, , Tiffany Hagler, They’re, Norm Miller, Monestier, “ You’re, ” Leo Pareja, ” Pareja, David Ryder, ‘ let’s, University of San Diego’s Miller, Miller Organizations: CNN, National Association of Realtors, Realtors, MLS, University, Buffalo School of Law, Geard, Bloomberg, Getty, Buyers, University of San, eXp Realty Locations: Larchmont , New York, University of San Diego, Seattle , Washington, US
“With 2025 also being the opening of Universal’s Epic Universe, there will likely also be negative impacts on Walt Disney World attendance. Still, the price of Disney tickets today compared to past years prices out some families. The grievance from the fan community is that this used to be free at Disney parks. Transportation from the Orlando airport to Disney World property also used to be included for Disney hotel guests, but that service has been discontinued. Munsil said the Disney parks are “expensive, yes, but there’s nothing else on Earth like them.”
Persons: CNN —, Raymond James, Hugh Johnston, Josh D’Amaro, ” D’Amaro, D’Amaro, , , Gary Hershorn, Tom Bricker, ” Bricker, Bricker, Don Munsil, Munsil, Mindy Marzec, ” Munsil, Victoria Wade, ” Wade, Wade Organizations: CNN, CNN — Disney, Disney, Walt Disney Parks and Resorts, Pixar, Corbis, , Walt Disney, Walt Disney World, “ Star, Busch, Transportation, Food, Disney Food, Magic, Universal Studios, Magic Kingdom Locations: Orlando, Anaheim , California, Wakanda, California, Florida
Lobster fishing is a game of inches, and the number of inches is about to change. Fishing regulators are instituting a new rule that lobster fishermen must abide by stricter minimum sizes for crustaceans they harvest. The changes do not apply in Canada, which has an even larger lobster fishing industry than the U.S. Some scientists who study the fishery have supported the minimum size change. But the lobster industry sees a different story, said Patrice McCarron, executive director of the Maine Lobstermen’s Association, the oldest and largest fishing industry association on the East Coast.
Persons: Gerry Cushman, ” Cushman, , Caitlin Starks, Robert F, Erica Fuller, ” Fuller, , Barre Campbell, Geoff Irvine, ” Irvine, John Sackton, Sackton, Richard Wahle, Patrice McCarron, lobsterman, Jared Golden, Golden Organizations: Associated Press, Atlantic States Marine Fisheries Commission, Conservation Law Foundation, Scientists, Atlantic, Fisheries, Oceans, Lobster Council of Canada, University of Maine, Maine Lobstermen’s Association, Democratic Locations: PORTLAND, Maine, New England, Port Clyde, Canada, Head , Maine, of Maine, Gulf of Maine, U.S, Oceans Canada, China, East Coast
Read previewA high school in London is replacing teachers with AI tools such as ChatGPT to help some students prepare for exams. In the pilot scheme at David Game College starting in September, 20 students who are about 15 years of age will use AI tools for a year before taking their GCSE exams. This story is available exclusively to Business Insider subscribers. The students will also be supported by three full-time learning coaches, and will receive personalized learning paths. He added that the college has "humanized the AI learning process by creating a holistic and engaging educational experience."
Persons: , John Dalton, coprincipal, Dalton, Hadida, Grabow, Karl Knapp Organizations: Service, David Game College, Business, Higher Learning, Los Angeles Unified School, University of Indianapolis Locations: London, Hadida Grabow
Read previewThe Cybertruck has changed a lot since Elon Musk first unveiled it in 2019. Here are some of the Cybertruck features that Musk has promised over the years but which failed to materialize:Advertisement1. A $39,900 price tagWhen Musk first unveiled the Cybertruck in 2019, he said the cheapest version would cost $39,900, with more advanced variants costing $49,900 and $69,900. 500-mile rangeMusk also said in 2019, the most advanced tri-motor version of the Cybertruck would have a 500-mile range. Anadolu/Getty ImagesOne of the most eye-catching promises Musk made about the Cybertruck is that it would be able to float and serve as a boat for short periods.
Persons: , Elon Musk, Tesla's, Musk, Tesla, It's, Cyberquad Musk, it's, Cybertruck, Wes Morrill Organizations: Service, Elon, Business, Anadolu, Getty
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. SemiAnalysis gets deep into the weeds on graphics processing units, from the base of the supply chain to the end-users building the AI models that require so many specialized chips. AdvertisementThe team consists of people across the entire supply chain, geographically and technically. So we have the entire view of the supply chain, from manufacturing, up to models. The other place I like to look a lot is random suppliers that are very small in niche parts of the supply chain, or suppliers of suppliers.
Persons: , Jensen Huang isn't, Dylan Patel, SemiAnalysis, Sam Altman, Patel, Sundar, Altman, Blackwell, Nvidia's, They've, they're Organizations: Service, intel, Google, Business, BI, Nvidia, Microsoft, AMD, Meta Locations: US, Japan, Singapore, Taiwan, France
Former Trump administration officials argue that more foreign students are involved in the campus protests and accuse the Biden administration and universities of withholding such information. He contended that it would be unconstitutional for authorities to try to deport them based solely on their expressing support for Hamas at protests. About 40,000 Palestinians have died in Gaza since Hamas’ terrorist attack on Oct. 7, according to local health officials. Kena Betancur / AFP - Getty Images fileBiden’s approachBiden administration officials told NBC News that Trump’s threats don’t match the realities of the country’s overburdened immigration system. It argued that the Education Department is purposely protecting “pro-Hamas foreign extremists on American college campuses” and failing to provide records on foreign students, or pro-Hamas activities, at schools.
Persons: Donald Trump, Biden, Trump, Ben Wizner, ” Wizner, ” Reed Rubinstein, Stephen Miller, aren’t, , , Rubinstein, , you’re, Seth, ” Trump, Benjamin Netanyahu’s, Kena Betancur, Jon Feere, isn’t, Feere, Kenneth Marcus, George W, Bush, Marcus, Louis D, ” Marcus, Vanessa Harmoush, Nerdeen Kiswani, hasn’t, Kiswani, ” Kiswani, Stephanie Keith, Daniel Richman, Richman, Edward Ahmed Mitchell, that’s, ” Mitchell, it’s Organizations: GOP, Republican National Convention, Democratic National Convention, NBC News, Trump, Israel, Harvard, Emory, University of Pennsylvania, Hamas, American Civil, Technology, America, Justice, , Fountain, Washington , D.C, Seth Herald, Republicans, Congress, NBC, D.C, Israeli, Brooklyn Museum, Times, U.S, Popular Front, Liberation, Palestine, Columbia University, Getty, Biden, United States, State Department, Immigration, Customs Services, ICE, Center of Immigration Studies, Education Department, Justice Department, Department’s, Civil Rights, Brandeis Center for Human, Department of Education, IDF, Israel Defense Forces, Columbia Law, Islamic, CAIR wouldn’t, CAIR, don’t Locations: Israel, U.S, Chicago, Gaza, Columbia, Columbus, Washington ,, New Jersey, Palestinian, Washington, New York City, Brooklyn, Vandals, New York, Germany, AFP, United States, Palestine
The secretary of state's office estimates that 577,971 valid signatures were turned in by Arizona for Abortion Access, a coalition of reproductive rights organizations that includes the American Civil Liberties Union of Arizona and Planned Parenthood Advocates of Arizona. The Arizona for Abortion Access Act will go before voters under the title "Proposition 139." “This is a huge win for Arizona voters who will now get to vote YES on restoring and protecting the right to access abortion care, free from political interference, once and for all,” Cheryl Bruce, campaign manager for Arizona for Abortion Access, said in a statement. In a video shared by the Arizona secretary of state's office, Secretary of State Adrian Fontes acknowledged the legal hurdles the ballot proposal is likely to face. "This is going to certify that the initiative has made the ballot," said Fontes.
Persons: JP Martin, ” Cheryl Bruce, it’s, ” Chris Love, Dobbs, Roe, Wade, Katie Hobbs, Adrian Fontes, , Fontes Organizations: NBC, Abortion, American Civil Liberties Union of Arizona, Arizona, U.S, Supreme, Democrats, Democratic, Republican Locations: Arizona
Ukrainian servicemen operate a Soviet-made T-72 tank in the Sumy region, near the border with Russia, on August 12, 2024, amid the Russian invasion of Ukraine. Ukraine's President Volodymyr Zelenskyy stated on Sunday that it was designed "to put pressure on the aggressor Russia" and to push "the war into the aggressor's territory." Russian official Alexei Smirnov, the acting governor of the Kursk region, told a solemn-looking Putin via videoconference Monday that Ukraine controlled 28 settlements. Analysts at the Institute for the Study of War said geolocated footage suggests Ukraine controls a higher number of around 40 settlements, as of Monday. Russia caught off guardPresident Putin vowed on Monday a "worthy response" to Ukraine's border raid, just as 11,000 more civilians were evacuated in Kursk's neighboring region Belgorod, due to "enemy activity."
Persons: Roman Pilipey, Vladimir Putin, Volodymyr Zelenskyy, Oleksandr Syrskyi, Alexei Smirnov, Putin, Gavriil Grigorov, Kostiantyn Liberov, Liberov Organizations: Afp, Getty, CNBC, Institute for, Sputnik, Ukrainian, United, Reuters, Russian Ministry of Defense, Russian, Ukrainian Armed Forces, Anadolu, Employees, Russian Emergencies Ministry Locations: Soviet, Sumy, Russia, Ukraine, Roman, Kyiv, Ukrainian, Kursk, Russian, Novo, Ogaryovo, Moscow, Kherson, Kharkiv, Turkey, United Arab Emirates, Kursk's, Belgorod, Kursk Oblast, Oryol
Organizations are shifting to hybrid cloud and on-prem IT infrastructure for more control over data. Rather than depending solely on third-party cloud services, they're looking to operate their IT data networks on-site. Hewlett Packard EnterpriseA push for on-premThis trend is a response to concerns about the reliability, security, and cost-effectiveness of cloud services. Kindo provides a secure management platform for AI systems that lets organizations control which users have access to internal AI resources. The winners will be those that can bridge cloud and on-prem to provide the level of control organizations are demanding.
Persons: , prem doesn't, Tan, prem, There's, it's, Peter Wang, Anaconda, Wang, Dennis Duckworth, Duckworth, Chris Stegh, Stegh, They've, they've Organizations: prem, Service, Hewlett Packard Enterprise, Anaconda, Anaconda Anaconda, Amazon Web Services, eGroup Enabling Technologies Locations: Germany, Switzerland, Portland , Oregon, San Francisco
Read previewProspective homebuyers are painfully aware of just how bad the housing market is right now. Mortgage rates have doubled since 2022 following the Federal Reserve's initiative to raise rates and curb inflation. In an interview with Business Insider, she shared her predictions for the housing market and mortgage rates. Advertisement"That can help to alleviate some of the pain associated with getting a higher rate," Zhao said. The housing market isn't going to unlock overnight, but Zhao is optimistic that conditions will improve for homebuyers going forward.
Persons: , Chen Zhao, … Zhao, Zhao, It's, Zhao doesn't Organizations: Service, Federal, Business, Fed, Bank of America Locations: Florida
In this article GOOG Follow your favorite stocks CREATE FREE ACCOUNTGoogle announced its first smartphone fully powered by its AI "Gemini" system. Google on Tuesday announced new artificial intelligence features that are coming to Android devices. Google doesn't make a lot of money from its hardware business but the latest Android features could help drive new revenue through the company's Gemini AI subscription program. Google previously had some AI features in Android, but this is the first year it's heavily emphasizing new capabilities powered by a large AI language model installed on devices. New Pixel 9 phones and Pixel Watch 3Zoom In Icon Arrows pointing outwards
Persons: Sameer Samat, Samat, Gemini, Siri Organizations: Google, Gemini, Apple, YouTube, Gmail, Apple Intelligence
Read previewProspective homebuyers are painfully aware of just how bad the housing market is right now. Mortgage rates have doubled since 2022 following the Federal Reserve's initiative to raise rates and curb inflation. In an interview with Business Insider, she shared her predictions for the housing market and mortgage rates. Advertisement"That can help to alleviate some of the pain associated with getting a higher rate," Zhao said. The housing market isn't going to unlock overnight, but Zhao is optimistic that conditions will improve for homebuyers going forward.
Persons: , Chen Zhao, … Zhao, Zhao, it'll, Zhao doesn't Organizations: Service, Federal, Business, Fed, Bank of America Locations: Florida
CNN —The United Auto Workers union on Tuesday filed federal labor charges against former President Donald Trump and Tesla CEO Elon Musk for threatening to intimidate workers who go on strike. Trump called Musk “the cutter,” and praised Musk for his anti-union stances. “Both Trump and Musk want working class people to sit down and shut up, and they laugh about it openly. But it’s not clear that Trump was referencing any specific workers Musk fired for organizing against his company. Harris’ campaign circulated the clip of Trump and Musk, saying: “Trump praises billionaire Elon Musk for firing workers who were striking for better pay and working conditions.”
Persons: Donald Trump, Elon Musk, Musk, Trump, ” Trump, Shawn Fain Elizabeth Frantz, Kamala Harris, , , Shawn Fain, Joe Biden, Fain, Tesla, ” Fain, ” Tesla, they’re, Harris ’, “ Trump Organizations: CNN, United Auto Workers, Tesla, , UAW, Trump, National Labor Relations Board, General Motors, Ford, NLRB, Workers Locations: American, Buffalo , New York
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