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President Joe Biden on Sunday dropped out of the 2024 presidential race and endorsed Vice President Kamala Harris as the Democratic Party's nominee, after weeks of pressure on the 81-year-old incumbent to quit the contest against former President Donald Trump. "It has been the greatest honor of my life to serve as your President," Biden wrote in a post on the social media site X. Biden in a subsequent tweet wrote that his "very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President." Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year. Democrats — it's time to come together and beat Trump," Biden wrote.

Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, Trump, I've, Kamala, —, Harris, Jamie Harrison, Harrison, Lyndon Johnson, Sen, Eugene McCarthy, Joe Manchin Organizations: Sunday, Democratic Party's, Biden, Trump, NBC News, Democratic, Party, Democratic Party Locations: Rehoboth , Delaware, Vietnam, New Hampshire, West Virginia

☆ Biden endorses Kamala Harris after dropping out of the race
▼ + stars: | 2024-07-21 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +1 min

Biden endorsed Vice President Kamala Harris to be the 2024 presidential nominee. "It's time to come together and beat Trump," Biden said. AdvertisementMinutes after announcing his decision to withdraw from the 2024 presidential race, President Joe Biden endorsed Vice President Kamala Harris to replace him as the Democratic nominee. "My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. "Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year.

Persons: Biden, Kamala Harris, Harris, —, Joe Biden, it's, I've, Kamala Organizations: Trump, Service, Democratic, Business

☆ This week's 'manic market' action looks a lot like the dot-com bust in 2000, economist David Rosenberg says
▼ + stars: | 2024-07-20 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

The past week's tumultuous stock market action harkened back to the dark days of 2000 as the dot-com bubble was bursting, according to economist and strategist David Rosenberg. With tech leaders sagging and investors heading for cover, the widely followed market bear sees similarities between two eras that showed overheated investor sentiment and an overvalued market. "The massive daily swings reflect a manic market becoming unglued," the head of Rosenberg Research wrote in his daily market note Friday. "The action is highly reminiscent of what happened in the immediate aftermath of the Nasdaq rolling off the bubble highs in March 2000." Alfred E. Neuman feeling when I look at the action in the equity market and the reasons for this relentless exuberance," Rosenberg said.

Persons: David Rosenberg, Alfred E, Neuman, Rosenberg, Russell Organizations: Rosenberg Research, Nasdaq, Tech, Nvidia, Microsoft, Dow Jones, American, of, Investors, Investors Intelligence

☆ My wife and I both work full-time. Summers are complex — we have to plan our kids' summer schedules 6 months in advance.
▼ + stars: | 2024-07-20 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +4 min

My working hours haven't decreased from my finance days, but I have more flexibility and control over my work schedule. We plan summer childcare in DecemberSummer is harder. Through the years, my wife and I have learned that we have to plan our summer schedule in December. AdvertisementSummer camp hours do not follow working hoursOur kids go to different summer camps in and around Boston for 10 weeks of the summer. The kids attend private school, and summer camp costs us roughly the same.

Persons: —, Pat Dooling, I'd, it's Organizations: Service, Business Locations: Boston

The information for the following product(s) has been collected independently by Business Insider: Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Bold® Credit Card. Enjoy Complimentary Marriott Bonvoy Gold Elite Status with your Marriott Bonvoy Business® American Express® Card. Marriott Bonvoy Business Credit Card OverviewThe Marriott Bonvoy Business® American Express® Card can help you earn many Marriott points from your everyday business expenses. Marriott Bonvoy Business Credit Card vs. Marriott Bonvoy Boundless CardThe Marriott Bonvoy Boundless® Credit Card charges a lower annual fee of $95 and offers the same type of anniversary free night certificate as the Marriott Bonvoy Business® American Express® Card. Marriott Bonvoy Business Card Frequently Asked QuestionsIs the Marriott Bonvoy Business worth it?

Persons: you'll, Cardholders, I've, Regis, —, Marriott Bonvoy, Amex, It's, it's Organizations: Business, Marriott, U.S, Marriott Bonvoy, Finance, Regis, Ritz, Carlton, Marriott Bonvoy Brands, Marriott Delta, Sheraton Gaylord Hotels Homes, Villas, Marriott International, Marriott Hotels, Resorts Marriott, American Airlines, Korean, Alaska, Cross, Unicef Marriott Bonvoy Business American, Baggage, American, Amex, American Express, American Express Marriott, Uber Locations: U.S, Fairfield, St, Cleveland, Delta

☆ 10 things you should never do in a nail salon, according to salon owners and nail techs
▼ + stars: | 2024-07-19 | by ( Gia Yetikyel | ) www.businessinsider.com time to read: +6 min

Business Insider spoke with four nail-industry experts, including salon owners and nail technicians, about the biggest mistakes clients make. Don't pick off your previous manicurePicking at your nail polish, especially gel, can strip the keratin from your nails. It's worth it to pay the extra $10 for your nail technician to properly remove old polish. Advertisement"With nails, and especially nail art, you really need those little minutes," she told BI. Related stories"What people don't realize is that a highly sought-after nail technician is booked back-to-back all day," Charloff told BI.

Persons: —, Ainsley Moore, Alba, Donna Charloff, tardiness, Charloff, Tony Tjan, MiniLuxe, Eryn Kingsley, Kingsley, it's, Shutterstock Kingsley, Tjan Organizations: Service, Business Locations: doesn't, Alba

Ink Business Preferred® Credit Card FeesThe Ink Business Preferred® Credit Card has a $95 annual fee, but if you can take advantage of the bonus categories and benefits, it's well worth it. Ink Business Preferred® Credit CardThe Ink Business Cash® Credit Card is a sibling card of the Ink Business Preferred® Credit Card with very similar benefits. Ink Business Preferred® Credit CardThe Ink Business Unlimited® Credit Card is also an extremely popular credit card for small business owners, especially those who value the simplicity of relying on a single card for all business expenses. Read more about this small business credit card in our Chase Ink Business Unlimited credit card review. Chase Ink Business Preferred Frequently Asked QuestionsIs the Chase Ink Business Preferred hard to get approved for?

Persons: You'll, Chase, Cash, you've, you'll, aren't, It's Organizations: Chase Travel, Chase, FDIC, Shipping, Ink, Apple, Insurance, Emergency, U.S, The, Business, Chase Sapphire, Chase Sapphire Reserve Locations: Chase TravelSM, U.S

The information for the following product(s) has been collected independently by Business Insider: Chase Freedom Flex®, American Express® Green Card, Amex EveryDay® Credit Card, Amex EveryDay® Preferred Credit Card, Citi Strata Premier℠ Card, Citi Prestige® Card, Citi® Double Cash Card, Citi Custom Cash℠ Card, Citi Rewards+® Card, Capital One Savor Cash Rewards Credit Card†. Introduction to transferable credit card rewardsAmong people well versed in rewards credit cards, there's a bit of common knowledge: Not all rewards are created equal. Several banks and rewards programs offer transferable points: Chase Ultimate Rewards® and American Express Membership Rewards, Citi ThankYou Rewards, Capital One Miles, Bilt Rewards, and Wells Fargo Autograph Rewards. Choosing the right card for transferable rewardsThe best transferable-point credit card for you depends on what credit card rewards program is most appealing. Transferable credit card rewards frequently asked questionsWhat makes transferable credit card rewards valuable?

Persons: Wells, Chase, Miles, cardholders, that's, Wells Fargo, we've, United Airlines —, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, You'll Organizations: Business, American, Citi Strata Premier, Card, Citi Prestige, Citi, American Express, Delta Air Lines, Bilt, Alaska Airlines —, Mastercard, Miles, Capital, United Airlines, Marriott, Hyatt, Bank, United, Chase Travel, Chase, Express, Hilton, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Sapphire, Premier, CitiTravel.com, EV Locations: Wells Fargo, Here's, Southwest, Wells, Chicago, Munich, Hulu, Capital, Chevron

☆ See the 9-slide pitch deck that startup Thoughtful AI used to raise $20 million from Drive Capital for its AI agents
▼ + stars: | 2024-07-18 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

"We just didn't see the ROI except for in healthcare," Thoughtful AI cofounder and CEO Alex Zekoff said. AdvertisementThe Austin, Texas-based startup just grabbed $20 million in Series A funding, led by Drive Capital and including TriplePoint Capital. Thoughtful AI is also announcing its first three AI agents, named CAM, EVA, and PHIL, to process medical claims, check patient insurance coverage, and record payments. Zekoff said Thoughtful AI aims to hit $10 million in annual recurring revenue by the end of the summer. Check out the presentation Thoughtful AI used to raise $20 million from Drive Capital.

Persons: —, Alex Zekoff, it's, PHIL, — it's, Zekoff Organizations: Service, Business, Drive Capital, TriplePoint, Athelas, Big Tech Locations: Austin , Texas, Brazil, Romania

View at AmazonThere are even more options for Prime Day Apple Watches, and Prime Day iPads still available in our other guides. For an extensive breakdown divided up by size, see our full roundup of Prime Day TV deals. View at AmazonThere are even more sleep deals where those came from — check out our roundups of the best Prime Day mattress deals and Prime Day pillow deals. Do I need to be an Amazon Prime member to buy Prime Day deals? Amazon Prime Day deals are comparable to Black Friday and Cyber Monday, with the main difference being that Amazon is the only participating retailer.

Persons: Siri, They're, you’ll, Jonathan Adler, it's, dehumidifier, vacs, Fryer, Foodi, Fry, fryer, MagSafe, Kate Spade, they're, Bose Smart, Ray Soundbar, Ray, Anker, Amazon Nathan James Hugo Wood Nightstand, Nathan James, Inaba, waddle, Dyson, ”, Gabrielle Chase, “, we've, haven't Organizations: Business, Amazon, Apple, Amazon Apple, Apple Health, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Toshiba, LG, Dell, Galaxy, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Nintendo, Nova, Nova Pro, Logitech, Lightspeed, Mac, lounging, Amazon Canada, packers, Amazon Fisher, Prime, Chatelet Air, Dyson, Amazon Philips, Philips, Amazon Prime, Deal Locations: PopSockets, York

☆ Amazon delivery drivers share 8 things they wish customers would stop doing
▼ + stars: | 2024-07-18 | by ( Casey Clark | ) www.businessinsider.com time to read: +4 min

So, Business Insider asked Amazon delivery drivers what they wish customers would stop doing to ensure their packages are delivered safely and efficiently. Chesnot/Getty ImagesRequesting that delivery drivers put packages inside your mailboxThis may seem like a smart measure to ensure your package won't get stolen; however, Amazon delivery drivers can't do this in the US. Never updating old delivery instructionsYou may want a delivery driver to tuck a smaller package under your doormat for safekeeping. AdvertisementGuterriez said customers should make sure they remove delivery instructions from their accounts if they no longer apply. Leaving delivery instructions that aren't clearNancy Sanchez, a delivery driver who works with Amazon via Prolific Logistics, said it can be difficult when delivery instructions aren't specific enough.

Persons: —, you've, Roni Guterriez, Guterriez, Adam Landry, Nancy Sanchez, Landry Organizations: Service, Business, Amazon, Centurion, Gruntastic Logistics, US Postal Service, Logistics

Prime Day TV dealsThis Prime Day, we're seeing some of the biggest price drops of the year on top TV models from our favorite brands. Prime Day laptop dealsLaptops go on sale year-round, but Prime Day is traditionally the best time of year to make a purchase. Prime Day mattress dealsMattresses go on sale several times a year, but few sales offer as lucrative mattress discounts as Prime Day. Prime Day Amazon device dealsDuring Prime Day, many of the best Amazon devices see their lowest prices ever. Prime Day travel dealsSummer travel is underway, and so are the best Prime Day deals on luggage and backpacks.

Persons: We've, AirPods, we've, Siri, Samsung's, They're, you’ll, He's, Jonathan Adler, it's, dehumidifier, Dyson, vacs, Crisp, we're, Fryer, Foodi, Fry, fryer, they're, Bose Smart, Ray Soundbar, Ray, Anker, You'll, iPhones, MagSafe, Kate Spade, scoped, Amazon Nathan James Hugo Wood Nightstand, Nathan James, waddle, Inaba, haircare, ”, Gabrielle Chase, “, haven't Organizations: Business, Apple, Amazon Apple, Apple Health, Amazon, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Dyson, Upright, Toshiba, FlexBrew, Hamilton, LG, Dell, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Logitech, Seagate, ASUS, Meta, Nintendo, Nova, Nova Pro, Lightspeed, Mac, Google, Galaxy, lounging, packers, Amazon Fisher, Prime, today's, Chatelet Air, Amazon Canada, Amazon Philips, Philips, Amazon Prime, Deal Locations: November's, PopSockets, York

☆ From Amazon to Dell, Corporate America's in-office crackdown is in full swing
▼ + stars: | 2024-07-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, Amazon wants to stop employees skirting in-office mandates by tracking their hours spent in the office . The big storyPunching the clockGetty Images; Jenny Chang-Rodriguez/BIAt Amazon, coffee is for closers people who spend at least 2 hours in the office. AdvertisementBusiness Insider's Eugene Kim has a report on Amazon monitoring the hours its corporate employees spend in the office . Amazon and its employees have been in an ongoing battle over its return-to-office mandate, which was first announced early last year. AdvertisementFor Amazon employees, the RTO mandates have been shrouded in mystery and confusion.

Persons: —, you've, Jenny Chang, Rodriguez, Eugene Kim, it's, Eugene, they've, Justin Sullivan, Getty, Dell, Polly Thompson, Lizzie Reed, Goldman Sachs, Mark McQueen, Elizabeth Reed, Donald Trump's, Fundstrat's Tom Lee, Russell, Deena So'Oteh, Greg Warnock, Warnock, Elon Musk, Tesla, Stephen Pasterino, Rachel Katzman's, Jennifer Aniston, Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Denver Airport, Business, Amazon, Foods, Dell, Computer, Workers, Goldman, Walmart, Treasury, Netflix, SpaceX, Lone Star State, Northeast, BI, Olympic, United Airlines, Johnson Locations: it's, Corporate America, Utah, California, Texas, Paris, Seine, New York, London

☆ Lower interest rates could be coming soon. Here's what's at stake if they aren't.
▼ + stars: | 2024-07-17 | by ( Madison Hoff | Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

At the end of July, the Federal Open Market Committee will announce its next decision on interest rates. Some economists have recently been pointing to similar concerns with the Fed keeping interest rates high. As Sahm pointed out, it would take time for reduced interest rates to "flow through to the economy." "You want to begin a process of taking the pressure off of the economy," Sahm said. AdvertisementZandi said interest rates on credit cards and Buy Now, Pay Later rates could come down, along with a decline in auto lending rates and mortgage rates.

Persons: —, Mark Zandi, Jerome Powell, Powell, Claudia Sahm, it's, Sahm, Sen, Elizabeth Warren, Brian Rose, Rose, Zandi, Austan Goolsbee, Goolsbee Organizations: Service, Moody's, Business, Federal, CME FedWatch, Fed, Banking, Housing, Urban Affairs, Sahm Consulting, Federal Reserve, Democratic, UBS, Chicago Federal, Wall Street Journal

Learn moreAmazon Prime Day, which is in its final stretch today, has brought many of our favorite tech, beauty, and home products to all-time-low prices. We check every deal against our tested guides and price tracking to make sure you're getting the best products for the lowest cost, optimizing your Prime Day experience. As more of Business Insider's top-rated products and brands go on sale during Prime Day, we'll continue to update this page with new discounts. If you're looking for a solid Android tablet, this is an excellent option, especially at its lowest price ever for Prime Day. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for more.

Persons: it's, we'll, MagSafe, Max, ”, Gabrielle Chase, “, Herschel, Eero Organizations: Business, Samsung, Amazon, Kindle, Apple, Herschel Supply, Amazon Samsung, Amazon LG, LG, Adidas, Alexa, Amazon Prime

☆ This school has 12-hour days, 'relaxing' meals — and no smartphones
▼ + stars: | 2024-07-17 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +8 min

Helping an 'Anxious Generation'All Saints' experiment with an extended school day comes as concern mounts about the impact of smartphones and social media on teenagers. AdvertisementUS Surgeon-General Vivek Murthy also recently called for social media to carry cigarette-style warning labels to warn of the health risks. Writing in The New York Times, he said social media increased the risk that children would suffer anxiety and depression. However, the extended school day program has produced some noteworthy results. AdvertisementRausch said his research had shown that constant access to smartphones and social media only increases social inequality.

Persons: —, London that's, It's, Andrew O'Neil, O'Neil, it's, Andrew O'Neill ., mick, Zacariah Pinto, Mia Benoit, Benoit, I'm, Pinto, Jonathan Haidt, Vivek Murthy, Zach Rausch, Haidt, Rausch, Rebecca Fuller, Jonathan Brenner, Helena, Brenner, She's Organizations: Service, Saints Catholic College, Business, Grenfell Tower, All, YouTube, The New York Times, NYU, Stern School of Business, Saints, Eton Locations: Notting Hill, London, Notting, Portobello

View at Amazon What we like Check mark icon A check mark. High-end HDR performanceCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Supports a wide color gamutCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark.

Persons: Sharp, OLED Organizations: Business, Dell, LG, Asus, Amazon, Amazon LG, AMD, Amazon Dell, Samsung, Amazon Prime

MacBook laptops can enjoy deals here and there throughout the year, but Prime Day offers the best guarantee of a deal if not the best deal. Right now, you can take $200 off the new 13-inch MacBook with the M3 processor or grab the latest M3 Pro 16-inch MacBook Pro model at an all-time low price. M1 users will notice a considerable improvement, and if you're still using an Intel MacBook Pro, this will basically blow your socks off. If you like larger displays without spending MacBook Pro money, there's a 15-inch model of the M3 MacBook Air, too. If you're looking for ultimate value, Apple still sells the M2 MacBook Air, which introduced Apple's long-overdue design refresh to the MacBook Air series.

Persons: it's, there's Organizations: Business, Air, MacBook, Apple, Pro, Max, Amazon Prime

☆ Overtourism backlash: It's not just the numbers — it's how people are behaving, UNESCO says
▼ + stars: | 2024-07-15 | 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 EmailOvertourism backlash: It's not just the numbers — it's how people are behaving, UNESCO saysPeter Debrine, senior project officer of the Sustainable Tourism Program at UNESCO, says as in the case of Barcelona, "the overwhelming majority want tourism and they see that it's vital, so again it's just a matter of how we can rebalance it."

Persons: Peter Debrine, it's Organizations: UNESCO, Sustainable Tourism Program Locations: Barcelona

☆ I'm moving to America's fastest-growing city. I get why it's so popular, but I hope it keeps the small-town Texas charm.
▼ + stars: | 2024-07-14 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

Read previewThis as-told-to essay is based on a conversation with Michelle Clifford, a 33-year-old sales manager from California who is moving to Celina, Texas, in July. Celina's population surged 26.6% from July 2022 to July 2023, making it the fastest-growing city in the US. There were a lot of things that I liked about Texas, and my job also had an office in Frisco. In Texas, rent is cheaper and we can experience country livingWe moved to Prosper, a town north of Dallas, in February. We were drawn to Celina because we have friends from California who moved here and college friends who are natives.

Persons: —, Michelle Clifford, TCU — Texas Christian University —, Prosper, Clifford, California I've, I'm, Clifford's, Celina doesn't Organizations: Service, Business, TCU — Texas Christian University Locations: California, Celina , Texas, Celina's, Orange County, Austin, Texas, Bay, He's, Southern California, San Diego, San Francisco, Oceanside , California, Frisco, Prosper, Dallas, Oceanside, Celina, Preston, America

☆ The Supreme Court is sending some mixed signals about executive power
▼ + stars: | 2024-07-14 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

Advertisement"So that is, in theory, taking power away from unelected officials," Justin Crowe, a professor of political science at Williams University who researches the Supreme Court, told Business Insider. With Corner Post, Entin said, the Supreme Court created a statute of limitations that, from the standpoint of federal agencies, never really expires. But the Court didn't stop at giving itself the reins to interpret regulations that federal agencies are beholden to. In the Trump case, the Supreme Court offered Trump broad immunity for some of his acts concerning his January 6 election interference case. In the July 6 episode of Slate's Supreme Court analysis podcast "Amicus with Dahlia Lithwick," Senior Court Reporter Mark Joseph Stern said the Court spent this term expanding its power and "restructuring representative democracy to make it less representative and less democratic."

Persons: —, Raimondo, Reagan, presidentially, Justin Crowe, wouldn't, Loper, Jonathan Entin, Entin, Ruth Bader Ginsburg, Ketanji Brown Jackson, Trump, Tanya Chutkan, Dahlia Lithwick, Mark Joseph Stern Organizations: Service, Loper Bright Enterprises, Inc, Governors, Federal Reserve System, Business, Chevron, Environmental Protection Agency, Congress, Williams University, EPA, Securities Exchange Commission, of Health, Human Service, Case Western Reserve University, Federal Reserve Board, Supreme, DC Circuit, Federal, Trump v ., Trump, DC Locations: Chevron, Trump v, Trump v . United States

☆ With Ukraine short on battle tanks like the Abrams, US-made Bradley fighting vehicles are proving their worth
▼ + stars: | 2024-07-13 | by ( Jake Epstein | Chris Panella | ) www.businessinsider.com time to read: +14 min

Among the wartime additions to Ukraine's arsenal is the US-made Bradley fighting vehicle, a formidable asset that continues proving its worth on the battlefield several decades after it first saw combat. A 'very effective' infantry fighting vehicleThe Bradleys were built as a response to the Soviet infantry fighting vehicles and entered service in the 1980s. A Bradley fighting vehicle from the US Army 2nd Armored division drives through Saudi Arabian desert on Jan. 18, 1991. Hassani RiberaThe Bradley infantry fighting vehicle is lighter than an Abrams tank by roughly 40 tons. Ukrainian soldiers on a Bradley infantry fighting vehicle near Avdiivka on Feb. 23, 2024.

Persons: —, Bradley, Abrams, Kyiv didn't, Mark Cancian, Sadayuki Mikami, Ukraine's Abrams, Bradley isn't, Ribera, Tayler P, Schwamb, Pat Ryder, Bradleys, Cancian, What's, scrappy, GENYA SAVILOV Organizations: Service, Russia, Business, Abrams, Kyiv, US Marine Corps, US Army 2nd, AP, Bradley, US Army, Pentagon, Ukraine, Army, US Army National Guard, Spc, M1A2 Abrams, Tank, Marine Corps Base, 47th Mechanized Brigade, Center for Strategic, International Studies, intel, Getty, XM30 Mechanized Infantry, US, 47th, Mechanized Brigade Locations: Ukraine, US, Iraq, Saudi, Kyiv, Trzebien, Poland, Pendleton, Ukraine's Donbas, Anadolu, Avdiivka, Afghanistan, Ukrainian, Bradley, Western

☆ JPMorgan Chase is set to report second-quarter earnings – here's what the Street expects
▼ + stars: | 2024-07-12 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, April 23, 2024. JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Friday. Here's what Wall Street expects:Earnings: $4.19 a share, according to LSEGRevenue: $49.9 billion, according to LSEGNet interest income: $22.8 billion, according to StreetAccountTrading Revenue: Fixed income of $4.82 billion; Equities of $2.77 billion, according to StreetAccountWill cracks in the economy begin to reveal themselves in JPMorgan Chase results? While JPMorgan has passed numerous stress tests lately — actual and hypothetical — it's possible the bank's consumers could begin showing more strain from higher interest rates. Wells Fargo and Citigroup are scheduled to post results later Friday, while Goldman Sachs , Bank of America and Morgan Stanley report next week.

Persons: Jamie Dimon, JPMorgan Chase, Wells, Goldman Sachs, Morgan Stanley Organizations: JPMorgan Chase &, Economic, of New, JPMorgan, LSEG Revenue, Trading, JPMorgan Chase, Citigroup, Bank of America Locations: of New York, New York, Wells Fargo

☆ CNBC Daily Open: A true bull market — it's not Wall Street
▼ + stars: | 2024-07-11 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City. Angela Weiss | AFP | 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 todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line

Persons: Angela Weiss Organizations: New York Stock Exchange, AFP, Getty, CNBC Locations: New York City

☆ Here's the median salary in the 25 biggest U.S. cities—see how you compare
▼ + stars: | 2024-07-11 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

The median household income is over $100,000 in six cities, four of which are in California, according to a new analysis by GoBankingRates. In 2024, the median annual household income is estimated to be $78,171, according to data consulting firm Motio Research. In Detroit — which is ranked 30th in population size — the median income is $40,574. The wealthiest cities also tend to offer a high number of well-paying jobs in technology, finance, entertainment or health-care industries. Below are the median household incomes for the 25 most populous U.S. cities, ranked from highest to lowest.

Organizations: Seattle, Boston, Motio Research, Detroit Locations: California, San Francisco, Francisco, Jose , California, Washington, Diego, Oakland, Virginia Beach , Virginia, Austin , Texas, Portland , Oregon, U.S, New York

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