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☆ European markets set for mixed open as investors digest third ECB rate cut of the year
▼ + stars: | 2024-10-18 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: +1 min

European markets were headed for a mixed open on Friday as investors digested the European Central Bank's decision to cut interest rates yet again and awaited fresh economic data and earnings. Germany's DAX , the U.K.'s FTSE 100 and France's CAC 40 are all expected to slip when markets open, according to IG data, while Italy's FTSE MIB is on track to rise. The pan-European Stoxx 600 ended Thursday in the green, with almost all sectors and regional bourses trading in positive territory. It came as the ECB announced its third interest rate cut of the year, lowering the deposit rate by another 25 basis points, as inflation risks in the European Union ease faster than anticipated. On Friday, investors will be watching the latest U.K. retail sales data and quarterly earnings from Volvo Group.

Persons: Germany's DAX Organizations: Central, CAC, ECB, Volvo Group, Dow Jones Locations: European Union, Asia, Pacific, China, Hong Kong

☆ Why some families will pay $500,000 for Ivy League admissions consulting: 'It’s worth the investment'
▼ + stars: | 2024-10-18 | by ( Jessica Dickler | ) www.cnbc.com time to read: +7 min

Loop Images | Getty ImagesAt the nation's top schools, including many in the Ivy League, acceptance rates hover near all-time lows. For those willing to pay for a four-year, private college, it should be worthwhile, the sentiment often goes. To get into this elite group of schools, many families look for outside help to get a leg up. The vast majority of students come from New York City private schools with household incomes over $1,500,000 according to Howell's account. However, the wealthiest students hailing form the country's top private schools are primarily competing amongst themselves as schools look to build a diversified class.

Persons: Thomas Howell, Howell, Ivy League — Brown, Hafeez Lakhani, Lakhani, they've, Christopher Rim, Covid, — Organizations: Ivy League, Princeton University, Forum Education, Cornell, Dartmouth, Harvard, University of Pennsylvania, Yale, University of Chicago, Massachusetts Institute of Technology, Stanford, Finance, Navy, Command, Rim, Command Education, Test, Christopher, Education, National Association for College, Counseling, National Bureau of Economic Research Locations: York, Columbia, Princeton, Duke, New York, New York City

☆ Pinchuk: We believe in the American worker... it's the answer.
▼ + stars: | 2024-10-18 | 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 EmailPinchuk: We believe in the American worker... it's the answer. Nick Pinchuk, President and CEO of Snap-on, discusses the company's strong quarterly performance in the tool segment, highlighting record profitability and margin improvements due to effective leadership and innovations in vehicle repair software.

Persons: Nick Pinchuk

☆ Biden administration unaware of Trump-Putin calls, but top adviser says it ‘would raise red flags’ if true
▼ + stars: | 2024-10-18 | by ( Betsy Klein | Kylie Atwood | ) edition.cnn.com time to read: +2 min

“I do not know if that’s true or not,” Biden national security adviser Jake Sullivan told reporters aboard Air Force One Thursday when asked about the calls. “Obviously,” Sullivan added, “That would raise red flags if it were true.”Asked by CNN whether the administration was trying to ascertain more details about those calls, the White House declined to provide specific information. Trump has denied having multiple calls with Putin, calling it “absolutely wrong” in an interview on Newsmax last week. Days later at the Chicago Economic Club, he declined to comment on whether the Putin calls had taken place, but said it would have been a “smart thing” if he had. The Harris campaign has seized on the reporting as it seeks to cast Trump as a friend to authoritarian figures.

Persons: Biden, Vladimir Putin, Donald Trump, Trump, Bob Woodward, “, ”, Jake Sullivan, ” Sullivan, Sullivan, Putin, Harris, Kamala Harris, Tim Walz Organizations: CNN, ” Biden, Air Force, Newsmax, Chicago Economic Club Locations: Minnesota

At least, that's what I thought before I tried Angelus Sole Bright, a $13 solution that can get rid of oxidation and restore your sneakers to their original glory. Angelus Sole Bright Angelus Sole Bright is a UV-activated solution that removes oxidation and yellowing from sneakers. A side by side comparison of oxidized midsoles on a pair of "Roc-A-Fella" Nike Air Force 1s treated with Angelus Sole Bright. Amir Ismael/Business InsiderAdvertisementThe bottom lineSneaker collectors have been restoring shoes using a similar process for years, but I never thought it was worth doing. Now, you can spend $13 on Angelus Sole Bright, $24 on a UV light, and have it delivered within two days.

Persons: Angelus Sole, You'll, Saran, yellowed midsoles Amir Ismael, Angelus Sole Bright, Jason Markk, Amir Ismael, yellowed Organizations: Business, Nike Air Force Locations: Saran

☆ Crypto PAC money backs Utah Senate candidate and others across U.S.
▼ + stars: | 2024-10-18 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto PAC money backs Utah Senate candidate and others across U.S.CNBC's MacKenzie Sigalos reports on the millions of dollars spent by crypto interest groups in the 2024 election to elect industry-friendly candidates nationwide.

Persons: CNBC's MacKenzie Sigalos Locations: Utah

☆ WHERE ARE THEY NOW: All 165 cast members in 'Saturday Night Live' history
▼ + stars: | 2024-10-18 | by ( Gabbi Shaw | Frank Olito | ) www.businessinsider.com time to read: +1 min

The 50th season of "SNL" premiered last month. Since the first show in 1975, 165 comedians and actors have been a part of "SNL." Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Here's what all 165 cast members of "SNL," from the original "Not Ready for Primetime Players" to the current cast of season 50, are doing now.

Persons: —, Adam Sandler, Forbes, Darcy Schild Organizations: Service, NBC, Studio 8H

☆ Tom Holland and Zendaya have read a ‘Spider-Man 4’ script draft and have some thoughts
▼ + stars: | 2024-10-18 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —The star of the “Spider-Man” franchise sounds excited about the latest sequel, even if he has notes. Tom Holland, who plays Peter Parker/Spider-Man talked about that on the “Rich Roll Podcast.” The actor shared that he and his real-life girlfriend, Zendaya, who plays Parker’s love interest Michelle “MJ” Jones in the franchise, have read the draft script for “Spider-Man 4.”“It needs work, but the writers are doing a great job,” Holland said. “I read it three weeks ago, and it really lit a fire in me,” he continued. “I was really lucky that my life changed slowly,” he said during the podcast. “I started when I was really young and then I had about 10 years before the ‘Spider-Man’ thing happened.

Persons: Tom Holland, Peter Parker, Zendaya, Michelle “ MJ ” Jones, ” Holland, “, ”, “ Zendaya Organizations: CNN, Marvel

☆ New season premieres October 19, 2024
▼ + stars: | 2024-10-18 | 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 EmailNew season premieres October 19, 2024High speed, high tech and filled with high-flyers – Formula 1 is the world's most elite motorsports league, and in recent years has experienced rapid growth in attendance, viewership and market value. CNBC's new season of "Inside Track: The Business of Formula 1" takes a look at the business to find out what is fueling its popularity and who is profiting.

☆ Wall Street is trying to make AI search sexy
▼ + stars: | 2024-10-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

Finance firms and fintech startups are trying to use generative AI to improve search capabilities. Perfecting search, down the line, could lead to more automation and more complex generative AI tools. It has already onboarded some-25 Wall Street firms onto its generative AI platform. AdvertisementMeanwhile, two Stanford grads came together to build Mako, a generative AI associate for the private-equity industry. The search tool is the bank's second such generative AI tool, the first being a generative AI developer co-pilot that helps software engineers code more efficiently.

Persons: Goldman Sachs, Blackstone, —, Goldman hoovered, Neema Raphael, Raphael, it's, Morgan Stanley's, Keri Smith, Smith, Jeff McMillan, Gabe Stengel, Stanford grads, It's, Peter Anderson, Familiarizing, Goldman Organizations: Service, Bloomberg, Nasdaq, Goldman, Blackstone, Google, Bank of America's, Accenture, Stanford, Balyasny Asset Management Locations: Wall, OpenAI

☆ Watch Friday's full episode of Mad Money with Jim Cramer — October 18, 2024
▼ + stars: | 2024-10-18 | 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 EmailWatch Friday's full episode of Mad Money with Jim Cramer — October 18, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

Persons: Jim Cramer —, Jim Cramer

☆ These 3 UK stocks are on the march and set to soar by over 50%, RBC says
▼ + stars: | 2024-10-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Three London stocks are on the march and are expected to rise by more than 50% over the next 12 months. TM17-GB 1Y line More recently, RBC said the company reported "a good set of results" in September. The company reported £80.6 million in total sales, missing revenue expectations of £81.5 million marginally. Wheeler also noted that the stock had "significant upside potential" after the company reported its first-half results on July 26. RBC analyst Charles Weston said the stock remains "materially undervalued" after the company reported its first half-year financial results.

Persons: Debbie Bestwick's, Steve Bell's, Frank Sagnier's, Ross Broadfoot, Broadfoot, Team17, RBC's Alexander Wheeler, Wheeler, Charles Weston, OXB Organizations: CNBC Pro, RBC Capital Markets, RBC, Drax, Oxford Biomedica, Oxford, University of Oxford Locations: London, England, Team17

☆ 5 things to know about the mystery $30 million whale moving betting markets toward Trump
▼ + stars: | 2024-10-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +7 min

Since the start of October, there's been a notable divergence between the betting markets and the polls. Where do election odds stand in betting markets now? What's going on with the 'Trump whale' in the betting markets? Is the $30 million 'Trump whale' an influence campaign? Because the betting markets are relatively illiquid, a $30 million bet can have a big influence on moving the odds in favor of Trump.

Persons: Harris, —, Donald Trump, Kamala Harris, there's, Will Donald Trump, Polymarket, Peter Thiel, ethereum's, Vitalik Buterin, Joe Gebbia, Trump, Kalshi, What's, Michie, Arkham, Adam Cochran, Cochran, Elon Musk, Mitt Romney, Barack Obama Organizations: Trump, Service, Street, Arkham Intelligence, Republican Locations: Polymarket, Crunchbase, Wisconsin , Michigan, Pennsylvania, Nevada

☆ Watchdog finds significant issues with US Army’s boat fleet
▼ + stars: | 2024-10-18 | by ( Haley Britzky | ) edition.cnn.com time to read: +7 min

“Army officials stated that these low mission capable rates, along with the smaller size of the watercraft fleet after divestment, hinder operational readiness and the ability to meet mission requirement,” the report said. After the temporary pier mission ended — the pier was only operational for roughly 20 days in total with a cost of $230 million — the military requested civilian contractor support in bringing the Army’s vessels back to the US. The US military said four of its vessels, supporting a temporary pier built to deliver aid to Gaza by sea, had run aground in heavy seas. The GAO report also said the Army is considering leasing civilian watercraft to bolster its existing fleet and moving all of its watercraft to the Pacific. Ultimately, the Army watercraft is “how the ground force, the Army, gets to war,” Butler said.

Persons: “, ”, Cynthia Smith, Smith, ” Col, Dave Butler, Randy George, ” Butler, Oren Ziv, Army “, Christine Wormuth, Wormuth, Butler Organizations: CNN, US Army, “ Army, Army, Getty, GAO, Army Futures Command, US Army Pacific, Pacific Command Locations: Gaza, Pacific, Ashdod, Japan, Hawaii

☆ As Mets show fatigue in NLCS, time could be ticking on their magical season
▼ + stars: | 2024-10-18 | by ( Will Sammon | ) www.nytimes.com time to read: +6 min

AdvertisementTime’s almost up on the New York Mets’ season. Worse than those numbers, because teams have mounted comebacks facing such deficits, the Mets look like they have run out of gas. “Sean (Manaea) said it the other day,” Mets manager Carlos Mendoza said when asked if his rotation had hit a proverbial wall. “We’ve gone through a lot this year,” Peterson said, “and it’s made us who we are at this point.”The Mets are hoping to keep alive an improbable season that’s included Grimace and OMG. And it hasn’t been just the Mets’ rotation that has seemingly run out of gas in this series.

Persons: Francisco Lindor, Sean, Manaea, Carlos Mendoza, “, Mendoza, ”, You’ve, That’s, there’d, Jose Quintana, Luke Hales, hasn’t, ” Mendoza, Luis Severino, Jack Flaherty, José Buttó, Buttó, It’s, David Peterson, Peterson, “ We’ve, ” Peterson, it’s, Grimace, Dustin Satloff, Lindor, Jose Iglesias, Francisco Alvarez haven’t, Brandon Nimmo, Frank Franklin II Organizations: Citi, what’s, New York Mets, Mets, National League, Los Angeles Dodgers, Dodgers, ” Mets, Athletic, Associated Press Locations: . New York, Quintana, Manaea, Los Angeles, Milwaukee

☆ 13 movies and shows to stream this weekend, from a movie about the Dating Game Killer to a new season of a hit Netflix legal drama
▼ + stars: | 2024-10-18 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

There are new documentaries too, including "Anatomy of Lies" and "Sweet Bobby: My Catfish Nightmare." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf you enjoy a wild true story, you're in luck: Several new documentaries and docuseries have hit streamers this week. In addition to documentaries and true crime, there are also comedies, thrillers, and horror movies and shows to stream this weekend. AdvertisementHere's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.

Persons: Mads, Bobby, —, Tegan, Sara, Kirat Assi, Elisabeth Finch Organizations: Lincoln, Service

☆ I lived in 5 different US states. None of them had what I was looking for, so I moved my family to Finland, and I have no regrets.
▼ + stars: | 2024-10-18 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +8 min

I'm a Gen X child from the San Francisco Bay Area. Since that first move, I've lived in Alabama, Virginia, and Texas and returned to the Bay Area. The main difference was that the Bay Area was more diverse than Phoenix at that time. The Bay Area had changed so muchWe moved to Half Moon Bay in the San Francisco Bay Area, and in 2017, I got a job at UC Berkeley. People moved in and out of the Bay Area a lot, so it was hard to make lasting social connections.

Persons: Rosanna Guadagno, Guadagno, —, I've, I'd, Dallas, didn't, we'd Organizations: Service, San, Santa Clara University, US, University of Alabama, Alabama, National Science Foundation, University of Texas, Dallas, Big Tech, San Francisco Bay Area, UC Berkeley, Stanford, University of Oulu Locations: California, Alabama, Texas, Finland, San Francisco Bay Area, Phoenix, Alabama , Virginia, Bay, Arizona, Tuscaloosa, . Texas, Virginia, Washington ,, Dallas, Austin, Silicon Valley, San Francisco Bay, Oulu, Switzerland

☆ The bullish case for Netflix
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe bullish case for NetflixJason Helfstein, Oppenheimer & Co head of internet research, joins CNBC's 'The Exchange' to discuss Netflix's earnings, why he's bullish on the stock, and more.

Persons: Netflix Jason Helfstein Organizations: Netflix, Oppenheimer, Co

☆ Tariffs take center stage in the Ohio senate race
▼ + stars: | 2024-10-18 | by ( Emily Wilkins | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTariffs take center stage in the Ohio senate raceCNBC's Emily Wilkins joins 'The Exchange' to report on tariffs becoming a key issue in the Ohio senate race between Sherrod Brown and Bernie Moreno.

Persons: Emily Wilkins, Sherrod Brown, Bernie Moreno Organizations: Ohio senate Locations: Ohio

☆ Trade Tracker: Kevin Simpson sells Amazon covered call
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Kevin Simpson sells Amazon covered callKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain his covered call trade on Amazon.

Persons: Kevin Simpson Organizations: Wealth Planning

☆ CNBC Markets Now: October 18, 2024
▼ + stars: | 2024-10-18 | 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 EmailCNBC Markets Now: October 18, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ 'Pretty low' expectations for Europe's third-quarter earnings season, fund manager says
▼ + stars: | 2024-10-18 | 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 Email'Pretty low' expectations for Europe's third-quarter earnings season, fund manager saysClare Pleydell-Bouverie, fund manager at Liontrust Asset Management, discusses the macroeconomic outlook in the U.S. and Europe and says that the expectations for Europe’s third-quarter earnings season are “pretty low.”

Persons: Clare Pleydell Organizations: Liontrust Asset Management Locations: U.S, Europe

☆ Markets are now trading with certainty, says Fedwatch Advisors' Ben Emons
▼ + stars: | 2024-10-18 | 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 EmailMarkets are now trading with certainty, says Fedwatch Advisors' Ben EmonsBen Emons, FedWatch Advisors chief investment officer and founder, joins 'Fast Money' to talk the state of the markets, trading into year-end and more.

Persons: Ben Emons Ben Emons Organizations: Fedwatch, FedWatch Advisors

☆ Politics and monetary policy: Dangers of meddling with the Fed
▼ + stars: | 2024-10-18 | 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 EmailPolitics and monetary policy: Dangers of meddling with the FedDonald Kohn, Brookings Institution economic studies senior fellow and former Fed Vice Chair, joins 'Squawk Box' to discuss the dangers of presidents and other politicians meddling with the Fed.

Persons: Donald Kohn Organizations: Brookings, Fed

☆ When dog owners go to rehab, he’s making sure their pets are cared for
▼ + stars: | 2024-10-18 | by ( Allie Torgan | ) edition.cnn.com time to read: +6 min

If you’re over capacity, then you start euthanizing dogs,” Knight said. “I didn’t want to lose my dog, and then somebody told me about Dogs Matter. “I always got the question of, like, ‘So, you call yourself Dogs Matter. “You’re saving that dog’s life and the owner’s life. Check out the Dogs Matter website and see how to help.

Persons: Texas CNN — Stephen Knight, Knight, “, ‘, ’ ” Knight, Knight’s, ” Knight, ‘ I’ll, he’d, Stephen Knight — Allie Torgan, Egan, Remy, I’ve, ”, ” Egan, we’re, they’ll Organizations: Texas CNN, CNN, Dallas Locations: Dallas, Texas, Jayde

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