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☆ I've been a digital nomad for 11 years. The hardest part of this lifestyle is dating.
▼ + stars: | 2024-09-10 | by ( Cait Charles | ) www.businessinsider.com time to read: +7 min

In 2013, I took my first step into the digital nomad lifestyle by becoming an online English teacher. The author, with a camel on Mount Sinai, has made friends while dating as a digital nomad. Related storiesWe met on Nomad Soulmates, a dating app for digital nomads under the most surreal of circumstances. Go with your gutI was just getting out of another failed relationship when I went on my first Tinder date. When you're dating on the road, the temptation to do so is strong, and connecting at a speed that would seem crazy in the "real world" is commonplace.

Persons: —, I've, Buddha, Cait Charles, Nomad Soulmates, Moishe, bode Organizations: Service, Business, Central Locations: Thailand, Nepal, Mount Sinai, South Korea, Pennsylvania, Florida, Mexico, Central America

☆ Don't rush back into the stock market as more pain is coming if the economy keeps slowing, Stifel chief strategist says
▼ + stars: | 2024-08-13 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Stocks are up since last week's sell-off but there's still reason to be cautious, Stifel's Barry Bannister said. He reiterated his expectation for a 10% market correction to push the S&P 500 to 5,000 by October. If the economy keeps slowing and eventually enters a recession, a bear market is imminent as inflation remains sticky, Stifel's chief strategist Barry Bannister said in a Tuesday interview on CNBC. While the Federal Reserve targets a PCE of 2.8%, Bannister expects the central bank to target closer to 3% by the fourth quarter due to persistent housing inflation. Weak GDP, consumption, fixed asset investment and net export data expected in the second half of the year also don't bode well for the economy, Bannister added.

Persons: Stocks, Stifel's Barry Bannister, Bannister, —, Barry Bannister, " Bannister, bode Organizations: Service, CNBC, Federal Reserve

☆ 3 data points that could impact how big of a Fed rate cut the market gets next month
▼ + stars: | 2024-08-13 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Management blamed "higher interest rates and greater macroeconomic uncertainty" for pressuring consumer spending on home improvement projects. The recent data certainly supports the idea of a rate cut at the Fed's mid-September meeting. However, that's weeks away, we know things can turn on a dime in the data and the stock market. Lower rates can certainly impact the stock market — but when it comes to picking individual stocks, we remain focused on earnings. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Thursday's, Stanley Black, Decker, Stifel, bode, Russell, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, PPI, Management, Dow, Home Depot, Trade, Costco, Depot, CNBC, New York Stock Exchange, Getty Locations: U.S, New York City

☆ Daemon Targaryen's boring hallucination arc in 'House of the Dragon' season two wastes time and ruins a beloved character
▼ + stars: | 2024-08-06 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewWarning: spoilers ahead for "House of the Dragon" season two. "House of the Dragon" season two has turned Daemon Targaryen, one of the show's most beloved characters, into a joke. At the end of the first season, the complex and charming Daemon (Matt Smith) emerged as one of the show's most popular characters. Related storiesBut in the chapters adapted for season two, Daemon only goes to Harrenhal and unites the Riverlands. But if the show's writers let themselves be constricted by the book's narrative, they risk "House of the Dragon" going stale — just like Daemon's story arc.

Persons: —, Daemon Targaryen, bode, Matt Smith, Smith, Daemon, Rhaenyra's, Emma D'Arcy, Sara Hess, i'm Organizations: Service, Business, Entertainment Locations: Harrenhal, luigi's

As the Fed lowers rates, mortgage rates are expected to go down. "Mortgage rates declined to their lowest level since early February," Sam Khater, Freddie Mac's chief economist, said in a press release. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage Rates Barely Tick Down (-0.05%)The average 15-year mortgage rate is 5.55%, five basis points lower than last week. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.

Persons: Freddie Mac, Jerome Powell, Sam Khater, Freddie Mac's, you'll, It's, refinance, they've Organizations: Reserve, Zillow, FHA Locations: Chevron

☆ Apple reports results after the bell. Here's what Wall Street is watching
▼ + stars: | 2024-08-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

iPhone sales are expected to reach $38.64 billion and decline more than 2% year over year as the company grapples with a stretch of stagnant growth. Long also echoed concerns the new iPhone won't be enough to fuel a "meaningful" upgrade cycle to support the premium. AI-fueled upgrade cycle Apple's September quarter is expected to include about a week of new iPhone sales. Wall Street will also keep a close watch on China sales following an 8% decline during the second quarter. "While Greater China sales remain sluggish, mainland China iPhone sales have been stronger than expected and we are encouraged by iPhone demand picking up in emerging markets," said Raymond James analyst Srini Pajjuri.

Persons: ISI's Amit Daryanani, Tim Long, Long, iPhones bottoming, Evercore, bode, Bernstein's Toni Sacconaghi, tailwinds, JPMorgan's Samik Chatterjee, Baird's William Power, Raymond James, Srini Pajjuri Organizations: Apple Intelligence, Barclays, Apple, Verizon, Huawei Locations: China

☆ A top turbulence scientist explains how he stays calm on bumpy flights
▼ + stars: | 2024-08-01 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

Williams's research doesn't bode well for the world's armrest-clutchers. That means more clear-air turbulence — the kind that's not associated with storms or mountains, and can sneak up on pilots. Natural Environment Research Council (NERC)His research group found that, by 2020, severe clear-air turbulence in the North Atlantic had increased 55% over 1979 levels. AdvertisementOther adaptations might balance out the climate-driven turbulence surge, like better forecasting and new lidar technology that could use to lasers to show pilots upcoming clear-air turbulence. If airlines keep innovating, more turbulence in the atmosphere doesn't have to mean more turbulence on your flight.

Persons: —, Paul Williams, Williams, doesn't bode, He's, It's, Taylor Rains, unbuckled, you'll Organizations: Service, University of Reading, Business, Environment Research Council, Atlantic Locations: Dominican Republic

☆ Spending takes center stage in Meta Platform's earnings report after the bell Wednesday
▼ + stars: | 2024-07-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

More important to Wall Street is the company's capital expenditures — or spending — as investors are demanding to see clear signs that hefty investments in AI are beginning to pay off . META 1M mountain Meta shares this month The intensified attention toward AI spending comes on the heels of Alphabet's quarterly print and during a "make-or-break" week with earnings from four tech behemoths. While Alphabet topped Wall Street estimates, its rising expenses spurred a sell-off across the sector. But Beck also sees Meta shares going higher as he raised his price target to $600. An uptick in advertising Wall Street is also keeping an eye on advertising figures this quarter, with Nowak viewing Meta as best situated to weather any uncertainty.

Persons: Wolfe Research's, Khajuria, Morgan Stanley, Brian Nowak, capex, Raymond James, Josh Beck, Beck, Wells, Ken Gawrelski, Nowak, Mark Shmulik, Deutsche Bank's Benjamin Black, bode, America's Justin Post Organizations: Meta, StreetAccount, Deutsche, America's, ~$ Locations: Paris

☆ This chart suggests the current bull market rally in stocks will extend into 2025
▼ + stars: | 2024-07-30 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The cyclical bull rally starting in October 2022 is expected to last into 2025, according to Ned Davis Research. The firm highlights a chart that shows the historical trends of cyclical bull market rallies, and when they typically end. The research firm published a note last week that included a chart illustrating prior cyclical bull rallies within a secular bull market, as is the current rally. To monitor the current health of the bull rally in stocks, the research firm suggests investors closely monitor earnings results. Ultimately, the recent correction "should give way to another leg higher in the continuing bull market," Ned Davis Research concluded.

Persons: Ned Davis, —, Ned Davis Research, bode Organizations: Ned Davis Research, Service, Nasdaq

☆ Cramer says Harris would be better than Trump and Biden for megacaps and international business
▼ + stars: | 2024-07-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday told investors how a possible Kamala Harris administration might affect the market, suggesting her policies would be better for megacaps and international outfits. "If you own many stocks of international companies and you want to vote your portfolio, Harris is more likely to help than hurt. After President Joe Biden bowed out of the 2024 race, he backed Vice President Harris for the Democratic nomination. According to Cramer, Biden seemed to hold the belief that "big business is bad business," but Harris may have a "more nuanced approach." Cramer said he could see Harris having close communication with Big Tech leaders.

Persons: CNBC's Jim Cramer, Kamala Harris, Biden, Harris, Joe Biden, Nancy Pelosi, Gavin Newsom, Cramer, Donald Trump, Sen, JD Vance, Ohio, Vance, bode Organizations: Trump, Democratic, Big Tech, Taiwan Semiconductor, Republicans Locations: Washington, California, America

☆ The S&P 500 is up 16% on the year and may continue to rise—but avoid this 1 investing move
▼ + stars: | 2024-07-22 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

None of that sounds like it should bode very well for stocks, but the S&P 500, a measure of the broad U.S. stock market, has returned about 16% so far in 2024. This has been even the bull's dream of a year," says Ryan Detrick, chief market strategist at the Carson Group. Indeed, the likes of Microsoft, Nvidia, Amazon.com and Alphabet have all enjoyed returns over the past year that have vastly outgained the broad market. All 11 S&P 500 sectors sport positive returns year-to-date, with six featuring double-digit returns. That could "loosen up the gears" in what has been a stubborn housing market and should encourage business investment — both good signs for the broader market, he says.

Persons: bode, Ryan Detrick, You've, Christopher R, Jackson, you've, Detrick Organizations: Federal Reserve, Carson Group, Microsoft, Nvidia, UBS Wealth Management Locations: U.S

☆ ‘Morning Joe’ backlash is latest mess for NBC and Comcast executives
▼ + stars: | 2024-07-17 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

Joe Scarborough, speaking alongside co-hosts Mika Brzezinski and Willie Geist, offered viewers a peek behind the curtain into the conspicuous decision-making process that transpired over the weekend. Without “Morning Joe” airing on Monday, viewers rebelled against MSNBC, opting to change the channel, Nielsen data indicated. The move to bench the “Morning Joe” crew, after all, didn’t happen in a vacuum. Which is why, perhaps, Comcast is involved in cleaning up the “Morning Joe” mess. I’m told that the company’s president, Mike Cavanagh, rescheduled meetings on Tuesday to grapple with the fallout stemming from the “Morning Joe” commentary.

Persons: CNN — Cesar Conde, —, Joe ”, Donald Trump, Joe Scarborough, Mika Brzezinski, Willie Geist, Scarborough, “, Lester Holt, Savannah Guthrie, Joe, ”, ” Scarborough, Joe Biden, Nancy Pelosi, Conde, Trump, Brian Roberts, Roberts, ” Trump, radicalizing, Donald Trump Jr, Sarah Huckabee Sanders, it’s, I’m, Mike Cavanagh, bode Organizations: CNN, MSNBC, NBC, Group chairman’s, Nielsen, NBC News Group, Comcast, RNC, NBCU, — Locations: Scarborough, Savannah, Acela

☆ Chaos on social media platforms after Trump shooting is a mess of their own making
▼ + stars: | 2024-07-17 | by ( Brian Fung | ) edition.cnn.com time to read: +12 min

None of the country’s largest social media platforms responded to repeated questions from CNN over multiple days this week about what actions they have taken in response to misinformation and conspiracy theories circulating about the Trump rally shooting. And what the public experienced on social media in the moments after the attack on Trump is a sign of what’s to come, said Imran Ahmed, CEO of the Center for Countering Digital Hate (CCDH), a social media watchdog group that advocates for tighter regulation of the platforms. “It can’t make a safe social media product that does politics and civic stuff, and so it just got out of that business.”Baybars Orsek, managing director of the fact-checking organization Logically Facts, said these and other changes by social media platforms have made working with them in the last few years more challenging. The decision effectively means the US government can continue to flag misinformation threats to social media companies in the runup to the 2024 election. Mainstream media outlets, taking care to report only credible answers, were initially slower to report what was happening than the breakneck pace of social media speculation.

Persons: Donald Trump, bode, “, Joe Biden, Biden, Snapchat, ”, Imran Ahmed, ” Ahmed, Elon Musk’s, Musk, CCDH, X, TikTok, “ Meta, Laura Edelson, ” Baybars Orsek, ” Orsek, Trump, Edelson, Alicia Wanless, “ I’ve, ” Wanless, Wanless Organizations: CNN, Meta, Twitter, YouTube, Department of Homeland Security, Big Tech, Trump, Google, Center, Social, Northeastern University, Democracy, Supreme, Facebook, Carnegie Endowment, International Peace

☆ China’s biggest policy meeting in six years kicks off this week. How investors can play it
▼ + stars: | 2024-07-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

The more dire predictions for China's highly anticipated "Third Plenum" that kicks off Monday hint at constraining the financial sector, despite slowing economic growth. Policy has long been an important guide for investors in China's top-down economy. The official English summary listed four measures, the third of which called for developing the "real economy," and "guarding against a shift from the real economy toward the financial economy." Goldman Sachs on July 11 published a lengthy report on China solar in anticipation the industry is nearing a bottom. One of the Goldman Sachs analysts' newly initiated, buy-rated China solar stocks is Daqo New Energy , a U.S.-listed manufacturer of polysilicon for solar power companies.

Persons: it's, Dan Wang, Han Wenxiu, Goldman Sachs, bode, Jacqueline Du, Daqo, Si Fu, Wang Organizations: Hang Seng Bank, ” Finance, Central Committee's Office, Financial, Economic Affairs, CNBC, Communist Party's, Committee, Bank of America, Energy, Goldman Locations: China, Beijing, China's, U.S, Shanghai

☆ Jim Cramer on Delta: There's a difference between the stock and the company
▼ + stars: | 2024-07-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer shared his assessment of Delta Air Lines stock, which reported a revenue miss on Thursday. He said investors should understand that there is a difference between Delta as a stock and Delta as a company. Delta the airline stock is only as good as the weakest competitors, because they're leading a race to the bottom, and that's killing it." Management reported robust summer travel demand, with CEO Ed Bastian saying on the earnings call that TSA travel volumes were up 7% from the year-earlier period. "If you're going to buy a stock, any stock, first see how it's done over time.

Persons: CNBC's Jim Cramer, we've, they're, Ed Bastian, Bastian, Cramer, Thursday's, bode Organizations: Delta Air Lines, LSEG, Management, TSA, Delta Locations: Delta, U.S, Atlanta

☆ George Stephanopoulos gets blunt after Biden interview: ‘I don’t think he can serve four more years’
▼ + stars: | 2024-07-10 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

On Tuesday night, Stephanopoulos expressed regret for his frank remark, saying through a spokesperson, “Earlier today I responded to a question from a passerby. ABC News separately said that Stephanopoulos “expressed his own point of view and not the position of ABC News.” Regardless, any damage inflicted by the comment was already done. Many journalists simply do not buy the narrative that Biden, his campaign, and the White House are selling. The Stephanopoulos interview is the perfect example of that. Instead of helping him move forward, granting the interview has effectively backfired, with Biden failing to even convince Stephanopoulos with his message.

Persons: George Stephanopoulos, Joe Biden’s, “, ”, Biden, Stephanopoulos, TMZ —, Donald Trump, shouldn’t, Stephanopoulos “, bode Organizations: New York CNN, New, ABC News, CNN, TMZ, Biden, ABC, The New York Times Locations: New York, New York City

☆ Oil inches higher on summer demand outlook
▼ + stars: | 2024-07-01 | by ( ) www.cnbc.com time to read: +2 min

That led analysts to forecast supply deficits in the third quarter as transportation and air-conditioning demand during summer draw down fuel stockpiles. WTI's recent rally may extend towards $85 a barrel if prices remain above the 200-day moving average at $79.52, he said. In the U.S., oil production and demand rose to a four-month high in April, according to the Energy Information Administration's (EIA) Petroleum Supply Monthly report published on Friday. Traders are watching out for the impact from hurricanes on oil and gas production and consumption in the Americas. In China, the latest manufacturing data did not bode well for oil demand in the world's no.2 consumer and top crude importer.

Persons: Brent, Tony Sycamore, Hurricane Beryl, Beryl, bode Organizations: Brent, U.S, West Texas, Organization of, Petroleum, U.S . Federal, Hezbollah, Energy, Petroleum Supply, Traders, Atlantic, National Hurricane Center Locations: OPEC, Europe, Israel, U.S, Americas, Windward, China

☆ Morgan Stanley says this is the stock to play China's EV industry consolidation
▼ + stars: | 2024-06-30 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Morgan Stanley has resumed coverage of Hong Kong-listed Geely with an overweight rating on expectations the Chinese automaker can weather macro and industry uncertainties. "We see Geely as a beneficiary of market consolidation," Morgan Stanley Asia equity analyst Tim Hsiao and a team said in a June 25 report that resumed coverage of the stock. Hangzhou-based Geely entered China's auto industry in 1997 and is known for acquiring Volvo in 2010. But the company raised the share of its new energy vehicles to 32% so far this year, higher than peers such as Great Wall Motor, for which the share is 23%, the Morgan Stanley analysts pointed out on Tuesday. The Morgan Stanley analysts on Tuesday set a price target of HK$11.20 ($1.43), about 27% above where shares closed Friday.

Persons: Morgan Stanley, Tim Hsiao, Geely, PHEV, Morgan Stanley's, BYD, bode Organizations: U.S, European Union, Lynk, Volvo, HK Locations: Hong Kong, Morgan Stanley Asia, Hangzhou, New York, China, EVs

☆ Jim Cramer explains how the market's tone could change if Trump becomes president
▼ + stars: | 2024-06-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In the wake of a contentious debate between President Joe Biden and former President Donald Trump on Thursday night, CNBC's Jim Cramer described how the vibe of the market could change if Trump returned to the White House. Cramer noted that Trump is broadly amiable to gas and oil, pointing to companies like New Fortress Energy and Cheniere . Cramer said as long as he's known Trump, the GOP candidate has had a keen interest in the market. "He loved bantering about the stock market, appeared on this show many times, because even though he was in real estate, he enjoyed stocks," Cramer said. Former President Trump's campaign did not immediately respond to a request for comment.

Persons: Joe Biden, Donald Trump, CNBC's Jim Cramer, Trump, Cramer, bode, Trump's Organizations: Kroger, Albertsons, Capri, New Fortress Energy, Republican, Nike, Starbucks, GOP Locations: China

☆ CNBC's Inside India newsletter: The humble onion could be holding India's economy hostage
▼ + stars: | 2024-06-27 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

A seller is arranging onions at a vegetable market in Nagaon district, in the northeastern state of Assam, India, on February 1, 2024. This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Food prices, which rose an annual 8.7% in both April and May, account for nearly half of the overall consumer price basket. "The Indian economy remains hostage to intersecting food price shocks," Michael Patra, deputy governor of the Reserve Bank of India, said in his statement at the latest monetary policy meeting. "Food prices are holding back any consideration of possible changes in the monetary policy stance," he added.

Persons: Michael Patra, Jayanth Varma, bode, Sanjeev Chopra, Narendra Modi, abate, James Thom Organizations: CNBC, Reserve Bank of India, New, New India Investment Trust Locations: Nagaon district, Assam, India, New India, London

☆ The Vanishing Islands That Failed to Vanish
▼ + stars: | 2024-06-26 | by ( Raymond Zhong | Jason Gulley | ) www.nytimes.com time to read: +26 min

The Vanishing Islands That Failed to Vanish Low-lying tropical island nations were expected to be early victims of rising seas. They found that over the past few decades, the islands’ edges had wobbled this way and that, eroding here, building there. No, to understand what really beguiles them about these islands, you need to take a dive into the surrounding sea. Coral reefs Indian Ocean Islands HUVADHOO ATOLL 5 miles Dhigulaabadhoo Coral reefs Indian Ocean Islands HUVADHOO ATOLL 5 miles Dhigulaabadhoo Islands HUVADHOO ATOLL Islands HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL Kandahalagalaa Dhigulaabadhoo HUVADHOO ATOLL Kandahalagalaa Dhigulaabadhoo A map of the Huvadhoo Atoll, a gourd-shaped ring of 241 islands in the southern Maldives. Huvadhoo Atoll is a gourd-shaped ring of 241 islands in the southern Maldives.

Persons: ” Charles Darwin, Darwin, bode, Arthur Webb, Paul Kench, “ I’m, Kench, Webb, Kench’s, Mohamed Aslam, Paul S, Aitana Gea Neuhaus, Gea Neuhaus, ” Ms, “, ” Paul Kench, Gerd Masselink, Peter Ganderton, Curt Storlazzi, Tim Scott, Dr, Scott, ”, it’s, “ They’ve, munch, Storlazzi, Thoriq Ibrahim, Malé, Hariyya Ibrahim, Hariyya, Adam Shakir, Adam, Farhath Ibrahim, Mohamed Muizzu, Hussain Rasheed, Rakeedhoo, Ashiya, Ashiya’s Organizations: Graphics, University of Plymouth, National University of Singapore, Nature Communications, Airbus, Google, United States Geological Survey Locations: Maldives, INDIA, MALDIVES, Polynesia, Micronesia, Indian, Malé, Himandhoo, Huvadhoo, ”, England, Dhigulaabadhoo, Wade, Plymouth, grinned, Hulhumalé, New City, Sand, City, Towers City, Himandhoo’s, Rakeedhoo

☆ Starboard loses initial legal fight against Autodesk, but the battle may just be beginning
▼ + stars: | 2024-06-22 | by ( Kenneth Squire | ) www.cnbc.com time to read: +10 min

Activist Commentary: Starboard is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. With 90%+ gross margins and 35% operating margins, Autodesk is a leader in AEC software. Further, its operating margins are not much worse than those of its peers at first blush. However, Starboard correctly does not judge the company's operating margins on the mean of its peer set, but by the potential embodied in its gross margins and market position. He no longer serves on the board of Autodesk, but he could certainly be an informal advisor to Starboard – or a cautionary tale for Autodesk.

Persons: Max, Russell, Deborah Clifford, Clifford, bode, Sachem, Andrew Anagnost, designees, Rick Hill, Hill, designee, Ken Squire Organizations: Autodesk, Engineering, Manufacturing, Media, Entertainment, Manufacturing Solutions, Wonder, Delaware Chancery, —, U.S . Securities, Exchange Commission, Delaware Court, Marvell Technology, Symantec, 13D Locations: Delaware, Autodesk's

☆ Americans are just about failing when it comes to nutrition, says a food-as-medicine researcher. A few simple diet tweaks could help.
▼ + stars: | 2024-06-19 | by ( Julia Naftulin | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Between 1999 and 2020, 10.5% of study participants transitioned from "poor" diets to healthier diets with more fruits, vegetables, and whole grains and less sodium, processed meat, and saturated fat. We still have a long way to go," Mozaffarian told CNN. If I was grading America on its diet, I'd give it a D—just up from an F," Mozaffarian said. Typically, the American diet consists of ultra-processed foods and foods high in salt and sugar.

Persons: —, Dariush Mozaffarian, Mozaffarian, Junxiu Liu, bode, Heidi Silver, Silver, Gregory Katz, Katz, Gabby Landsverk, W, Taylor Kimberly, Kimberly Organizations: Service, Food, Medicine Institute, Tufts University, Internal, Business, National Health, CNN, Vanderbilt, Vanderbilt University Medical, Yahoo, NYU Langone, Harvard Medical School Locations: Boston, Nashvil

☆ RV sales are picking up. That’s a good sign for the economy
▼ + stars: | 2024-06-16 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

When consumer sentiment falters or the economy starts to teeter, RV sales follow suit, said Michael Hicks, an economics professor at Ball State University and director of Indiana University’s Center for Business and Economic Research. “People don’t make these large, luxury purchases unless they’re actually feeling better about the economy,” said Hicks, who follows the RV industry closely. “It’s so sensitive to interest rate changes, which often precede a downturn.”A Winnebago travel trailer at Motor Sportsland RV dealership in Salt Lake City on April 6, 2020. Nika Shneyder and her father and business partner, Alex Shneyder, standing by a Chill RV in Malibu RV Park, California, in 2019. They moved down to a historically strong, but noticeably smaller, 493,000 the next year, according to data from the RV Industry Association.

Persons: That’s, Nika Shneyder, “ We’re, ” Shneyder, “, Michael Hicks, ”, Hicks, George Frey, bode, ” Michael J, Happe, hasn’t, We’ve, we’ve, Covid, Alex Shneyder, Nika, they’d, Monika Geraci, David Titus, Ty Wright, there’s, Ball State’s Hicks, ’ Titus, they’re, we’ll, Titus, ” Titus Organizations: CNN, Ball State University, Indiana University’s Center for Business, Economic Research, Bloomberg, Getty, Winnebago Industries, RV Industry, Dealers, RVs, Consumers, HL Enterprise, Manufacturing, of Labor Statistics Locations: Los Angeles, teeter, Salt Lake City, YOLO, Malibu, , California, Elkhart , Indiana, The Northern Indiana, South Bend, Elkhart, “, Elkhart .

☆ Cramer's week ahead: A closer look at housing with Lennar and KB Home earnings
▼ + stars: | 2024-06-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

"Last night, I bemoaned that there aren't enough stocks that are compelling away from tech," Cramer said. And this week's numbers suggest that higher for longer might be too inflexible a strategy for a suddenly gassed economy." Lennar reports on Monday and KB Home reports on Tuesday. Housing starts data will be released on Thursday, and Accenture , Kroger , Darden and Jabil will report earnings. Cramer said three firms slashed their price targets for Olive Garden parent Darden this week, which usually doesn't bode well for the quarter.

Persons: CNBC's Jim Cramer, homebuilders Lennar, Cramer, Antonio Neri, Jensen Huang, Jabil, Kroger hasn't, bode, CarMax Organizations: KB, Citigroup, Hewlett Packard Enterprise, Nvidia, Housing, Accenture, Kroger, Darden, Olive Garden, Apple

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