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☆ My husband and I take turns going on solo international trips without our kids. The arrangement works for us both.
▼ + stars: | 2024-10-18 | by ( Melissa Noble | ) www.businessinsider.com time to read: +5 min

My husband and I started to take turns going on solo international trips without our kids. We love the arrangement and I came back from my trip feeling refreshed and like a better mom. Growing up, my mom would work really hard, save money, and then take me with her on trips around the globe. This new chapter of solo adventuring helped me feel like my old selfMy first solo international trip as a mom was to Nepal. AdvertisementMy husband and I are already planning our next overseas trips in 2025.

Persons: —, I'd, else's, Feng Wei, couldn't, me incredulously, He'll Organizations: Service Locations: Japan, Bhutan, Nepal, Asia, Patagonia, Australia

☆ Dollar rides 'Trump trade' toward third weekly rise, markets brush off China GDP
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: +5 min

The onshore yuan ticked 0.06% higher to 7.1199 per dollar, while its offshore counterpart rose 0.12% to 7.1282. Data on Thursday showed U.S. retail sales growth was higher than expected and the ECB cut interest rates by 25 basis points. "All of that has played in to a stronger dollar," said Jason Wong, senior strategist at BNZ in Wellington. The New Zealand dollar was similarly eyeing a 0.75% fall for the week and was little changed at $0.6063 in the Asia session. The U.S. dollar index hit a 2-1/2 month high of 103.87 on Thursday and is up nearly 0.8% forthe week thus far.

Persons: Donald Trump, Ho Woei Chen, Jason Wong, There's, Yahya Sinwar, Israel's, Benjamin Netanyahu, Sterling Organizations: European Central Bank, People's Bank of China, Securities, Fund, Insurance, ECB, Reuters, Trump, New Zealand, Bank of England, U.S Locations: Asia, China, Wellington, U.S, Israel, Gaza

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

☆ Cheryl Cole pays tribute to Liam Payne, condemns ‘abhorrent’ reports about his death
▼ + stars: | 2024-10-18 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Liam Payne’s former partner, Cheryl Cole, paid tribute to the late singer in a statement on Friday in which she pleaded for sensitivity in coverage of his death. Payne and Cole, a recording artist and former judge on the UK version of “The X Factor,” were in a relationship between 2016 and 2018. In a video shared on YouTube in 2023, Payne shared his appreciation for Cole and talked about the love and affection he felt for Bear. He’s growing up far too quickly,” Payne shared at the time. He’s a wonder.”Cole wrote of her concern their son someday seeing media reports about his father’s death.

Persons: Liam Payne’s, Cheryl Cole, Payne, Cole, Bear, ” Cole, Liam, “ Liam, “, ” Payne, ” Organizations: CNN, YouTube Locations: Buenos Aires, Argentina

See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Refinance Rates? Current 30-Year Mortgage RatesAverage 30-year mortgage rates are around 6.15%, according to Zillow data. In September, 30-year refinance rates averaged 5.89%, while 15-year refinance rates were around 5.19%. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. Now that the Fed has cut rates, mortgage rates may not drop much in October.

Persons: you'll, Freddie Mac, it's, they've Organizations: Traders, Zillow, Fed Locations: Chevron

☆ Parents of resilient kids always do these 7 things, says psychology professor and child development expert
▼ + stars: | 2024-10-18 | by ( Tovah P. Klein | ) www.cnbc.com time to read: +7 min

There are other ways to help children become independent, resourceful, caring people who can handle life's ups and downs and thrive. Ask yourself: "Can my child handle this challenge?" Instead, help your child accept hard feelings by reiterating that all feelings are normal and they're loved no matter what. When you're harsh with your child, they learn to use the same tactics to get what they want or need. Tovah P. Klein, PhD, is a psychology professor at Barnard College and the director of Barnard's Center for Toddler Development.

Persons: I've, you'll, they'll, you've, they're, scold, Klein Organizations: Barnard College, Barnard's Center

☆ Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
▼ + stars: | 2024-10-18 | by ( Hayley Cuccinello | Emmalyse Brownstein | ) www.businessinsider.com time to read: +7 min

Major banks like Goldman Sachs walloped Wall Street expectations thanks to dealmaking fees. Investment banking has made a comeback, and bigger bonuses are in the cards, too. The biggest banks on Wall Street reported a huge boost in dealmaking fees this quarter after a two-year slump. Investment bank revenue surged 30% on average at Goldman Sachs, JPMorgan, Bank of America, Citigroup, and Morgan Stanley, according to Wells Fargo analyst Mike Mayo. Morgan Stanley's investment bank revenue surged 56% year over year to $1.46 billion, beating Wall Street expectations.

Persons: Goldman Sachs, —, Morgan Stanley, Wells, Mike Mayo, Sharon Yeshaya, Morgan, Global's Nathan Stovall, corporates, Stovall, David Ellison's Skydance, JPMorgan's Jamie Dimon, David Solomon, Mayo, Cole Smead, There's, Jon Gray, anecdotally, Gray, David Stowell, Stowell, I'm, it's, Alan Johnson Organizations: Investment, Service, Wall, JPMorgan, Bank of America, Citigroup, Citi, Mars, Paramount, David Ellison's Skydance Media, Wall Street, Smead Capital Management, Blackstone, Kellogg School of Management, Northwestern University, underwriters, Johnson Associates Locations: Wells Fargo, Mayo

☆ CD, Checking, and Savings Rates Today: Maximize Your Returns
▼ + stars: | 2024-10-18 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

Featured High Interest Checking Account Offers Compare checking accounts that offer high APYs, rewards on debit card purchases, or both. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: APYs, —, Cash, we've Organizations: Federal Reserve, Cash Locations: —

☆ Joel Dahmen penalized for carrying extra club in bag, in danger of losing PGA Tour status
▼ + stars: | 2024-10-18 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Joel Dahmen is in danger of losing his PGA Tour card after he was penalized four shots at the Shriners Children’s Open on Thursday for having too many clubs in his bag. It was a mistake that could prove decisive for a player who is on the bubble. 124 in the FedEx Cup Fall standings, with the top 125 at the end of the fall circuit able to retain their tour status for 2025. You want to be mad at yourself, you want to get mad at Geno, you want to get mad at the world,” he continued. Eight players will finish their opening rounds on Friday after darkness suspended play on Thursday, with the second round beginning at 9:55 a.m.

Persons: CNN — Joel Dahmen, ”, Dahmen, –, “, Geno, it’s, that’s, There’s, ” Dahmen, Taylor Pendrith Organizations: CNN, PGA, Shriners, FedEx, Shriners Children’s

☆ Oil edges up, but on track for biggest weekly loss in over a month
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: +2 min

Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were headed for their biggest weekly loss in more than a month on worries of lower demand. Both contracts settled higher on Thursday for the first time in five sessions after data from the Energy Information Administration showed that U.S. crude oil, gasoline and distillate inventories fell last week. "Speculative positioning across the ICE Brent complex strengthened from historically low levels, on heightened geopolitical risk of a potential Israeli strike on Iran's oil infrastructure," Citi analysts said in a note. Citi expects global oil demand to slow to 900,000 bpd in 2025 from 1 million bpd this year on an economic slowdown and as more electric vehicles hit the road. The "potential impact of China's emerging economic stimulus plans on oil demand is uncertain, and more robust support may only result in a limited boost," it added.

Persons: Brent, WTI Organizations: Brent, West Texas, Energy, Administration, of, Petroleum, International Energy Agency, ICE, Citi Locations: San Joaquin Valley, McKittrick , California, OPEC, Israel, Iran

Phoenix on Tuesday snapped a streak of 21 straight days of record-breaking highs. Heat waves are expected to start earlier in the year and last later as a result of climate change, but Phoenix's streak still surprised scientists. The heat is finally expected to break heading into the weekend, as a cold front brings cooler conditions. The city on Tuesday finally snapped a streak of 21 straight days of record-breaking daily high temperatures. This summer was already the hottest on record in Phoenix, and 2024 is likely to end up as the warmest year in the city's recorded history.

Persons: ”, Jennifer Brady, Phoenix Organizations: Phoenix, Climate Central, National Weather Service Locations: Arizona , Nevada, New Mexico, Phoenix, New Jersey

Liam Payne's One Direction bandmates are "completely devastated" by his death, they said in a statement on the boy band's Instagram account Thursday, one day after Payne's death at an Argentina hotel. Sistema de Atencion Medica de Emergencia (SAME), the emergency health service, said that Payne fell from the balcony in Palermo. Police were called to the hotel for reports of an aggressive man, according to the emergency services agency, which later confirmed Payne's death. The office added that the autopsy findings indicate Payne "could have fallen in a state of semi or total unconsciousness." A number of substances were found in Payne's hotel room, the prosecutor's office said in a statement, which would prove alcohol and drug consumption.

Persons: Liam Payne's, Louis Tomlinson, Zayn Malik, Niall Horan, Harry Styles, Liam, Malik, Payne, Liam Payne, Zane Malik, Louis Tomlinson of, Michael Tran Organizations: Republic Records, Billboard, Nokia Theatre, Sistema, Medica, Police, Telemundo, Argentina National Prosecutor’s, NBC Locations: Argentina, Los Angeles, Palermo, Payne's

☆ Asian American evangelicals’ theology is conservative. But that doesn’t mean they vote that way.
▼ + stars: | 2024-10-17 | by ( The Associated Press | ) www.nbcnews.com time to read: +9 min

Asian American evangelicals are a diverse, evolving group of voters increasingly seeking to distinguish themselves from their white counterparts. According to a 2023 Pew Research Center survey, about a third of Asian American adults identify as Christian. “The Asian American Christian’s identity is the convergence of cultural experience, historical background and core theological transformation,” Kim said. “I do hope and pray Asian American Christians take their civic responsibility seriously,” he said. The origins of Asian American churches influenced their evolution, said Jerry Park, associate professor of sociology at Baylor University in Waco, Texas.

Persons: Wayne Lee, Donald Trump, “ We’re, ”, Pastor Wayne Lee, Matt Slocum, Lee, ’, Jane Hong, Walter Kim, ” Kim, Owen Lee, “, ” Lee, that’s, ” Pastor Owen Lee, John McDonnell, don’t, Raymond Chang, ” James Cho, Cho, Joe Biden, Harris, GOP Cho, Jerry Park Organizations: American, Christian Church and Center, Pastors, Republican Party, Pew Research Center, Occidental College, “, National Association of Evangelicals, Christ Central Presbyterian Church, Korean American, AP, American Christian, GOP, Trump, Baylor University Locations: Chinatown, Pennsylvania, Philadelphia, Los Angeles, Centreville , Virginia, Centreville , Va, America, Orange County , California, Springfield , Ohio, U.S, Waco , Texas

The Israeli military said Thursday it is "checking the possibility" that Hamas leader Yahya Sinwar, accused of being the architect of the Oct. 7 terror attack, was among three militants killed in Gaza during its operations in the enclave. If Sinwar is indeed dead, his killing would be a major coup for Israel and its war in the Gaza Strip. A senior Israeli official told NBC News that troops identified Sinwar as probably being among three militants killed during a "heavy gun battle" in Gaza on Wednesday. Ali Jadallah / Anadolu Agency via Getty Images fileU.S. officials have been in close contact with Israeli officials throughout the morning on all of this, one of the U.S. officials said. They did not expand on how they were killed, but said they were investigating whether one of the three was Sinwar.

Persons: Yahya Sinwar, Sinwar, Ismail Haniyeh, Ali Jadallah, Shin Bet, “, Yoav Gallant, John Kirby, Frank Lowenstein, Barack Obama, Haniyeh, Masoud Pezeshkian, Israel Katz, Mohammed Al, Deif, Marwan Issa, Avichay Adraee, Basem Naim, Hamas ’, ” Sinwar, Gilad Shalit, Thomas Hand, Emily Hand Organizations: Hamas, Israeli, NBC News, Anadolu Agency, Getty, Israel Defense Forces, Israel Security Agency, IDF, National Security, NBC, Israeli Foreign, ISIS, Wall Street, European Council, Foreign Relations, Israel Locations: Gaza, Israel, Gaza City, U.S, Tehran, Iran

☆ Texas 'shaken baby syndrome' execution and One Direction's Liam Payne dies: Morning Rundown
▼ + stars: | 2024-10-17 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

A Texas inmate is set to die in what would be the nation’s first execution involving “shaken baby syndrome.” One Direction member Liam Payne dies at the age of 31. Prosecutors argued that Nikki must have been shaken to death. Since Roberson’s conviction in 2003, the science behind shaken baby syndrome’s diagnosis has come under intense scrutiny. Also yesterday, a petition with more than 116,000 signatures asking Abbott to stop the execution was delivered to his office. Liam Payne at the "One Direction iHeartRadio Album Release Party" in Burbank, California.

Persons: Liam Payne, Paroles, Greg Abbott, Robert Roberson’s, Abbott, Roberson, Nikki, Lester Holt, I’ve, ”, I’m, Payne, Christopher Polk, Clear Channel Payne, fiancée, Henry, —, Donald Trump, Kamala Harris, JD Vance, Brandy Zadrozny, Harris ’, Harris, “ Donald Trump, “ She’s, wouldn’t, Trump, ➡️, Donald Trump shrugged, ➡️ JD Vance, Ron DeSantis, Scott Perry, Tanya Chutkan, Biden, they’ve, Matthew Cappucci, ” — Evan Bush, optometrist, “ You’re, Elizabeth Robinson Organizations: Texas, Prosecutors, NBC News, Telemundo . Police, Getty, Clear Channel, NBC, Fox News, CNN, Democratic, Fox, GOP, Republicans, ➡️, ➡️ Florida Gov, Democrats, Freedom Caucus, Hurricane Milton, National Hurricane Center, MyRadar, Washington Post Locations: Texas, British, Argentina, Burbank , California, U.S, Ukraine, Univision, North Carolina, ➡️ Florida, Pennsylvania, Fulton County, Georgia, Florida

☆ Hotel called 911 about Liam Payne 'breaking the whole room' while intoxicated before his fatal fall
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: 1 min

The hotel in Argentina where One Direction star Liam Payne fell to his death Wednesday night called 911 about his destructive behavior after he had "overindulged on drugs and alcohol," according to a transcript of the call. "We have a guest who is overindulged in drugs and alcohol and ... Well, when he is conscious he breaks, he is breaking the whole room. Well, we need you to send someone, please," the call from the Casa Sur Palermo hotel in Buenos Aires said. The caller tells the operator that police are needed "urgently" because he was at risk. "The guest is in a room that has a balcony and, well, we are a little afraid that he might do something life-threatening," the caller said, according to audio obtained via local media by Telemundo.

Persons: Liam Payne Organizations: Casa Sur Palermo, Telemundo Locations: Argentina, Buenos Aires

In an interview with NBC News, Shaban's 17-year-old brother, Mohammed al-Dalu, described the Israeli attack that killed his mother and brother, saying he saw something fall on Shaban's leg, pinning him down. He tried to run into the tent to save his brother, but several men held him back. "No one let me see my brother Shaban," he said. His mother, Mohammed said, "she remained asleep. The site of the Israeli airstrike on the Al-Aqsa Martyrs Hospital compound in Deir al-Balah, central Gaza, on Monday.

Persons: Alaa, Mohammed al, Shaban, Mohammed, GoFundMe, Ahmed al, he'd, Israel, Abdallah F.S, ”, Matthew Miller, “, ” Miller, Médecins Organizations: Aqsa Martyrs Hospital, NBC News, Al, “, Getty, International Court of Justice, United Nations, U.S, Department, Israel Defense Forces, IDF, NBC, AFP Locations: Al, Aqsa, Deir al, Al Jazeera, Israel, Gaza, Anadolu, Egypt

☆ Taylor Swift shook off publishers for her new book. That could spell trouble for the rest of the industry.
▼ + stars: | 2024-10-17 | by ( Samantha Grindell | Madeline Berg | ) www.businessinsider.com time to read: +11 min

Taylor Swift is self-publishing "The Eras Tour Book" and releasing it exclusively at Target. By excluding traditional publishers, Swift ensured she would get more of the book's revenue. With her latest announcement, the singer is back to her business-disrupting playbook with "Taylor Swift | The Eras Tour Book." AdvertisementIn what most closely resembles her book deal, Swift self-produced last year's "Taylor Swift: The Eras Tour" film. "Obviously, Taylor Swift is sort of a case under herself for this stuff in terms of just her reach," Hane said.

Persons: Taylor Swift, Swift, —, she's, it's, Clayton Durant, Simon &, Erik Hane, they're, It's, Ashok Kumar, Courtney Maum, Jessica Maddox, Gareth Cattermole, Maddox, Hane, Vittorio Zunino Celotto, Durant, vinyls, Taylor, John Shearer, Beyoncé, Paul Dergarabedian Organizations: Target, Service, Taylor Swift Publications, Nation School of Music, Sports, Entertainment, Simon & Schuster, Macmillan, HarperCollins, Hachette —, Literary, University of Alabama, Department, Universal Music, Big, Bloomberg, Poets Department, AMC, Mojo, Disney Locations: Long, Target, London, TikTok, Milan

☆ CNBC's Inside India newsletter: The changing face of India's rich
▼ + stars: | 2024-10-17 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +8 min

Speaking to CNBC's Inside India, Kohli noted that India's wealthy now come from a swathe of industries. India's stock market became the fourth-largest in the world at the start of the year, after overtaking Hong Kong. Meanwhile, those whose wealth that falls between 10 to 50 million Indian rupees are in the affluent category, he added. Historically, India's wealthy had a median age exceeding 50. Drivers of India's wealthThe growth in India's wealthy population comes in tandem with the nation's economic progress.

Persons: Ratan Tata, Waterfield, Ratan Tata —, Ambani, Himanshu Kohli, Kohli, Pramod Gubbi, Marcellus, Lee, Gubbi, Knight Frank, What's, Malcolm Dorson, Dorson Organizations: Tata Group, Fortune India, Tata Sons, Tata Steel, Tata Consultancy Services, Tata Motors, Titan Company, Marcellus Investment, Lee Kuan Yew, of Public, National University of Singapore, Bombay Stock Exchange, Global, Volvo, Apollo Locations: India, Tata, CNBC's, Hong Kong, Pune, Hyderabad, Ahmedabad, Chennai, U.S

☆ China pumps half a trillion dollars into beleaguered property sector. But that’s not enough
▼ + stars: | 2024-10-17 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Since then, economists have been expecting an additional stimulus package worth up to 10 trillion yuan ($1.4 trillion) to restore bullishness in the world’s second-largest economy. Chinese Housing Minister Ni Hong attends a press conference on the property sector in Beijing, China, on October 17, 2024. Widespread concernThe ailing property sector is widely believed to lie at the root of China’s numerous economic woes. It also cut the reserve requirement ratio for banks by half a percentage point, which would free up about 1 trillion yuan ($142 billion) for new lending. The resulting crisis has resulted in a precipitous fall in real estate prices and loss of confidence among consumers.

Persons: Xi Jinping, Housing Ministry didn’t, Larry Hu, “, ”, Ni, Minister Ni Hong, Florence Lo, Xiao Yuanqi, Pan Gongsheng Organizations: Hong Kong CNN, Housing Ministry, Macquarie, CNN, ” Investors, Ministry of Housing, Ni Hong, Minister, Administration Locations: China, Hong Kong, Shanghai, Beijing

☆ Israeli military says it is investigating the possible killing of Hamas leader Yahya Sinwar
▼ + stars: | 2024-10-17 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

The Israeli military on Thursday said it was investigating the "possibility" that Hamas leader Yahya Sinwar was among three militants killed in an operation in the Gaza Strip. The Israeli Defense Forces added that the identity of the three casualties could not be confirmed at this time. "The forces that are operating in the area are continuing to operate with the required caution," it added in a social media post. In a social media update posted after the IDF communication, Israeli Defense Minister Yoav Gallant said, "You will pursue your enemies and they will fall before you by the sword. Sinwar assumed overall command of the Iran-backed Hamas in August, following the assassination of former political chief Ismail Haniyeh.

Persons: Yahya Sinwar, Yoav Gallant, John Kirby, Washington, Sinwar, Ismail Haniyeh, Israel, Benjamin Netanyahu, Houthis, Hassan Nasrallah Organizations: Israeli Defense Forces, CNBC, Israeli, National Security, NBC News, Hezbollah Locations: Gaza, Iran, Israel, Tehran, Lebanese, Beirut, U.S, Asia, Pacific

☆ Liam Payne changed the music industry in One Direction. Solo success was harder.
▼ + stars: | 2024-10-17 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Liam Payne, a singer who was part of One Direction, died Wednesday at the age of 31. One Direction was one of the most successful pop acts of the 2010s before they went on hiatus. The band never reformed, and Payne struggled to break out as a solo artist. AdvertisementThe death of Liam Payne, once part of One Direction, was a dark and abrupt turn for a person in a boy band that reinvigorated the pop-music industry. They became international stars, filling a gap in the market for a new type of boy band.

Persons: Liam Payne, Payne, —, Harry Styles, Louis Tomlinson, Niall Horan, Zayn Malik, Simon Cowell, Stephen Graham, Michael Tran, Forbes, Taylor Swift, Savan, Stone, Kotecha, Alexis Petridis, Karwai Tang, WireImage Payne, Cowell, Rolling Stone, Styles, Payne's, would've Organizations: Service, Goldsmiths , University of London, Guardian, Billboard, YouTube, iFL Locations: Buenos Aires, Argentina, London

☆ Bank bosses aren't worried about lower interest rates — and even see some upside
▼ + stars: | 2024-10-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Wall Street's biggest banks face a less profitable lending environment as interest rates fall. Bank bosses shrugged off those concerns this week and pointed to several benefits of lower rates. AdvertisementLending threatens to become far less lucrative for Wall Street's biggest banks as interest rates fall. But he said the Fed's jumbo rate cut might have sparked more activity in debt capital markets recently. AdvertisementCEO David Solomon said the Fed's first rate cut has raised hopes of avoiding a US recession, which could translate into more economic activity.

Persons: shrugged, —, Alistair Borthwick, Banks, Jane Fraser, Fraser, Mark Mason, Wells, Charles Scharf, Wells Fargo, Morgan Stanley, Sharon Leshaya, Citi's Fraser, Jeremy Barnum, Barnum, Goldman Sachs, David Solomon, BoA, Goldman Organizations: Bank, Service, Wall, Federal Reserve, Bank of America, Citigroup, Citi Locations: refi

☆ How to build up your bets – and your returns – in dividend-paying stocks
▼ + stars: | 2024-10-17 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Dividend stocks could be poised to get their moment in the sun as interest rates fall – and investors only need to take a simple step to boost their long-term returns in these positions. "As rates fall, we might see people looking for longer-term alternatives and, in turn, dividend-paying stocks," he said. For starters, it's a form of dollar-cost averaging into a position, meaning you're buying the stock at regular intervals regardless of the price. "It allows them to reinvest this dividend on a regular scheduled timeframe and have a great opportunity for a larger total return over the long term." The ProShares S & P 500 Dividend Aristocrats (NOBL) has a total return of nearly 15% in 2024 and an expense ratio of 0.35%.

Persons: Dan Stein, Charles Schwab, Jay Spector, That's, would've, you'll, Stein, – CNBC's Chris Hayes Organizations: Federal Reserve, Investors, CFP, EverVest, Machines, IBM, Target Corp, Apple, Broadcom, Microsoft, Exxon Mobil, Internal Revenue Service Locations: Tysons Corner , Virginia, Scottsdale , Arizona

☆ Hear the 911 call made before Liam Payne’s fatal fall from balcony
▼ + stars: | 2024-10-17 | by ( ) edition.cnn.com time to read: 1 min

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