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☆ Ryan Reynolds credits his business success to 1 skill: It's a 'precious commodity' in any job, expert says
▼ + stars: | 2024-09-20 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

Ryan Reynolds' storytelling abilities aren't just a quirky element of his public persona — they're the bedrock foundation of his success across multiple industries, he says. The movie's budget didn't leave much room for marketing, so Reynolds shouldered some of the load himself, filming and posting comedic advertisements on social media. Multiple of Reynolds' posts went viral, and "Deadpool" grossed $782.6 million in box office sales against a $58 million budget, according to IMDB-owned Box Office Mojo. Mint Mobile's parent company, Ka'ena Corporation, was similarly purchased for up to $1.35 billion by T-Mobile last year. "Reynolds will continue in his creative role on behalf of Mint," T-Mobile said at the time.

Persons: Ryan Reynolds, aren't, —, Reynolds, Kraft, Mint Organizations: Fast, Mojo, Mint Mobile, Aviation, Diageo, Kraft Heinz, Ka'ena Corporation, Mobile, Mint

☆ 'The Penguin' star Michael Zegen shot his shocking scene with Colin Farrell on the first day of filming: 'I was nervous, he was nervous, we were all on the same page'
▼ + stars: | 2024-09-20 | by ( Eammon Jacobs | Caralynn Matassa | Palmer Haasch | ) www.businessinsider.com time to read: +3 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Read previewWarning: Major spoilers ahead for "The Penguin" episode one, "After Hours." Actor Michael Zegen said that he shot his shocking scene in the premiere on the "first day" that "The Penguin" TV series started filming. Michael Zegen knew Alberto Falcone was going to die when he joined "The Penguin"Michael Zegen as Alberto Falcone in "The Penguin." The bottom line is I got to do this really cool 10-page scene with Colin Farrell, so I was happy.

Persons: —, Michael Zegen, Zegen, Alberto Falcone, Falcone, Oz Cobb, Colin Farrell, Carmine Falcone, John Turturro, Mark Strong, Cobb, Alberto, Maisel, Farrell, I'm, Robert Pattinson, Matt Reeves Organizations: Service, Business, HBO, Penguin Locations: Cobb, New York City

☆ What normalizing the yield curve means — and why investors should care
▼ + stars: | 2024-09-20 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

It also means lots of talk from the experts about "normalizing the yield curve" in the bond market — meaning getting back to a setup where bonds with longer maturities yield higher rates than those with shorter-term maturities. That's referred to as "yield curve inversion," which has historically signaled an upcoming recession. Currently, however, the yield curve looks more like a check mark than a gradually rising hill. An inverted Treasury yield curve messes with that dynamic. Everyone, from private citizens to multinational corporations benefits from a normalized yield curve because normal means less uncertainty, which means more predictability.

Persons: Jerome Powell, shouldn't, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, William McChesney Martin Jr, Anna Moneymaker Organizations: Federal Reserve, Fed, Treasury, CNBC, Federal, Getty Locations: U.S, Washington , DC

☆ Erik Menendez, a focus of Netflix's 'Monsters' season two, got married in prison. What to know about this wife.
▼ + stars: | 2024-09-20 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

In 1996, Lyle and Erik Menéndez were convicted for the 1989 murder of their parents. The case is the focus of Netflix's "Monsters: The Lyle and Erik Menendez Story." Here's what to know about Erik Menendez's wife, Tammi Menendez. Advertisement"Monsters: The Lyle and Erik Menendez Story" examines the lives of two brothers who in 1996 were convicted of murdering their parents. Lyle and Erik Menéndez are serving prison sentences for shooting their parents, Jose and Mary Louise "Kitty" Menendez.

Persons: Lyle, Erik Menéndez, Erik Menendez, Erik Menendez's, Tammi Menendez, —, Jose, Mary Louise, Kitty, Menendez Organizations: Service, Business

"The two leaders will highlight a half century trajectory of UAE-U.S. partnership in trade, investment and security," the Emirati ambassador to Washington, Yousef al-Otaiba, posted on X ahead of the visit. Growing investment tiesTrillion-dollar relationshipThe United States and the UAE have a trade and investment partnership that spans more than five decades. In 2023, bilateral trade between the UAE and the U.S. was worth around $31.4 billion, with U.S. exports to the UAE exceeding $24.8 billion, according to the UAE Embassy in Washington, D.C. The UAE, which produces nearly 4% of the world's oil supply, also has investments in the United States that total $1 trillion. The UAE sovereign wealth funds including the Abu Dhabi Investment Authority and Mubadala are major investors in American real estate, infrastructure and technology sectors.

Persons: Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince, Abu, Hannah McKay, Sheikh Mohammed bin Zayed Al Nahyan's, Anwar Gargash, Sheikh Mohammed's, Joe Biden, Kamala Harris, Gargash, Yousef al Organizations: Downing, Getty, United Arab Emirates, Washington , D.C, U.S, UAE, UAE Embassy, Abu, Abu Dhabi Investment Authority Locations: Abu Dhabi, London, England, United States, Washington ,, Dubai, Gaza, UAE, Washington, U.S

☆ Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
▼ + stars: | 2024-09-20 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

"Aside from any initial noise in the market, Home Depot and Lowe's should keep grinding higher as all this comes together." AdvertisementFed Chairman Jerome Powell talked about the impact on the housing market in his remarks following Wednesday's announcement. "The housing market is in part frozen because of lock-in with low rates. "As rates come down, people will start to move more, and that's probably beginning to happen already." Additionally, Home Depot and Lowe's have taken great care to manage investor expectations through the slumping sales and slimmer profits over the past year.

Persons: —, Mizuho, David Bellinger, Richard McPhail, Jerome Powell, don't, that's, Powell, Scot Ciccarelli, Max Rakhlenko, We're, Marvin Ellison, Ellison Organizations: Service, Business, Home Depot, Home, Truist Securities, TD Securities

☆ J&J subsidiary files for bankruptcy to advance $8 billion talc settlement
▼ + stars: | 2024-09-20 | by ( ) edition.cnn.com time to read: +3 min

J&J’s Red River Talc unit made its filing in the U.S. Bankruptcy Court for the Southern District of Texas. J&J faces lawsuits from more than 62,000 claimants who alleged that its baby powder and other talc products were contaminated with asbestos and caused ovarian and other cancers. After being rebuffed twice by federal courts, New Brunswick New Jersey-based J&J is attempting again to end the litigation in a so-called “Texas two-step” bankruptcy. J&J said the Red River unit filed the bankruptcy case after it received support of about 83% of current claimants for the proposed bankruptcy plan. The goal is to use the proceeding to force all plaintiffs into one settlement, without requiring J&J itself to file for bankruptcy.

Persons: Reuters —, Johnson, J, Dietrich Knauth, Leigh Jones, Will Dunham, Sandra Maler, Shounak Dasgupta Organizations: Reuters, Johnson, Bankruptcy, Southern, Southern District of, Supreme, Purdue Locations: U.S, Southern District, Southern District of Texas, New Brunswick New Jersey, Texas, Bengaluru

☆ Why Kamala Harris is heading to Georgia to speak about reproductive rights
▼ + stars: | 2024-09-20 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +4 min

A Georgia mother died in 2022 from a treatable infection due to delays to her medical care stemming from the state’s restrictive abortion law, nonprofit news outlet ProPublica reported. According to ProPublica, Miller’s family told a coroner she did not seek care because of laws around pregnancy and abortion. The family shared their story and engaged with the vice president in an emotional moment. The Harris campaign is hoping the political saliency of reproductive rights can help galvanize voters ahead of Election Day. Last week, the Harris campaign launched an abortion-focused ad, capitalizing on what officials said was a pivotal exchange between Harris and Trump.

Persons: Kamala Harris, “, Harris, Joe Biden’s, ”, Biden, Roe, Wade, Amber Nicole Thurman, ProPublica, Candi Miller, Miller’s, Thurman’s, Oprah Winfrey, Trump, Hadley Duvall Organizations: CNN, Democratic, Republican, Tennessee Republicans, Harris, New York Times, Siena College, Trump Locations: Georgia, Nashville, Florida, Arizona, North Carolina

An American Airlines' Embraer E175LR (front), an American Airlines' Boeing 737 (C) and an American Airlines' Boeing 737 are seen parked at LaGuardia Airport in Queens, New York on May 24, 2024. American Airlines is in talks to make Citigroup its exclusive credit card partner, dropping rival issuer Barclays from a partnership that dates back to the airline's 2013 takeover of US Airways, said people with knowledge of the negotiations. Banks' co-brand deals with airlines, retailers and hotel chains are some of the most hotly contested negotiations in the industry. Carriers have said growth in card spending has far exceeded that of passenger revenue in recent years. While it says it has the largest loyalty program, American was out-earned by Delta there, which made nearly $7 billion in payments from its American Express card partnership last year, compared to $5.2 billion for American.

Persons: Banks Organizations: American Airlines, Embraer, Boeing, LaGuardia Airport, Citigroup, Barclays, US Airways, Consumer Financial Protection, Delta, American Express Locations: Queens , New York

☆ Treasury yields move lower as investors digest unemployment data after Fed cut
▼ + stars: | 2024-09-20 | by ( April Roach | ) www.cnbc.com time to read: +1 min

The 10-year Treasury yield was around 2 basis points lower at 3.7168%. The 2-year Treasury note yield was down around 2 basis points at 3.5784%. U.S. Treasury bond yields were lower on Friday following the release of lower-than-expected jobless claims in the wake of the Federal Reserve's jumbo rate cut. The Federal Reserve's decision on Wednesday to slash interest rates by 50 basis points comes amid a week full of central bank rate decisions. The Bank of England announced on Thursday it would hold interest rates steady after cutting rates for the first time in more than four years in August.

Persons: BOE Organizations: U.S, Treasury, Federal, Reuters, Bank of England, Bank of Japan, People's Bank of China Locations: Asia, China

☆ Watch Friday's full episode of Mad Money with Jim Cramer — September 20, 2024
▼ + stars: | 2024-09-20 | 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 — September 20, 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

☆ Britain's ultra-wealthy are threatening to exit en masse ahead of proposed tax changes
▼ + stars: | 2024-09-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

They're just a few of the destinations trying to lure away the U.K.'s uber wealthy ahead of proposed changes to the country's divisive non-dom tax regime. They will also be prevented from avoiding inheritance tax on assets held in trust. The majority (83%) cited inheritance tax on their worldwide assets as their key motivator for leaving, while 65% also referenced changes to income and capital gains tax. Where the wealthy are movingIt comes as other countries are shaking up their tax regimes to incentivize wealthy investors. Ultra-wealthy U.K. citizens, who are typically highly active in the super-prime market, are also in "wait and see" mode ahead of possible changes to capital gains and inheritance tax.

Persons: Keir Starmer, Rachel Reeves, Macleod, Miller, they'll, Leslie Macleod, Helena Moyas de Forton, Moyas de Forton, Labour's, Alexander Spatari, I'm, Marcus Meijer, Mark, CNBC's, it's, James Myers, Oliver James, Myers, Knight Frank, Stuart Bailey, Knight Frank's, they're, Bailey Organizations: Old Bond, Pawel, Bank, Getty, Labour, Oxford Economics, Conservative, Investors, Britain, CNBC, Treasury, EMEA, Christie's, Estate, Henley & Partners, Monaco, London, Istock Locations: Old, Mayfair, London, United Kingdom, Monaco, Italy, Switzerland, Dubai, They're, Britain, Greece, Malta, Caribbean, Bahamas, Monte Carlo, Gibraltar, South Kensington, England

And, like thousands of Haitians, he chose to settle in Springfield, Ohio, where his brother lived and the surrounding community made him feel safe and welcome. “That’s hard.”Vilbrun Dorsainvil speaks to CNN in Springfield, Ohio. “There are concerns for our safety and future,” said Madet Merove, a Haitian immigrant and United Methodist pastor who lives in Springfield. But that’s changed, she said, with the increase of Haitian immigrants. But despite the threats, Dorsainvil said he has reason to hope.

Persons: Vilbrun Dorsainvil, Dorsainvil, ”, “, fiancée, ‘, you’ve, Donald Trump, specter, CNN ‘, Madet Merove, Mike DeWine, Andy Wilson, ” Wilson, Springfield, Springfield Mayor Rob Rue, ” “, Rue, Biden, Margery Koveleski, Bryan Heck, Sen, Sherrod Brown, Heck, I’m, Koveleski, she’s, that’s, we’re, That’s, –, ” Corey Worden, Rachel Worden, Corey Worden, Trump, ’ ”, ” Dorsainvil Organizations: Springfield , Ohio CNN, CNN, Clark State College, United Methodist, Ohio Gov, FBI, ATF, Schools, Springfield Mayor, Springfield, Ohio Democrat, Patrol, “, Job, Talent, Springfield “, ” Locations: Springfield , Ohio, Haiti, United States, Ohio, Springfield, Haitian, Clark County, Nicaragua, Venezuela, Cuba, Macy’s, Springfield’s, New York City, ”

☆ I lost my sight as a child. Makeup gave me back my sense of self
▼ + stars: | 2024-09-20 | by ( Freya Rogers | ) edition.cnn.com time to read: +7 min

Today, makeup is part of everyday life, part of how we see ourselves and how others see us. As I grew up and my vision became more impaired, my relationship with makeup, and myself, started to crumble. Smoky eyes ‘til I dieI used to avoid eye makeup because precision was never my strong suit. Embrace your faceMy relationship with makeup has taught me many things, but the most important lesson is that it’s okay to embrace your face. Though my sister and I no longer live together, we still bond over our shared love of makeup.

Persons: kohl, JIA, Freya Rogers, —, Charlotte Tilbury’s, I’ve Organizations: CNN, kohl Locations: Egypt

☆ I can't ask my kids' grandparents for help with childcare. One set lives hours away, and the other is not in great health.
▼ + stars: | 2024-09-20 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

It's a blanket assumption to think everybody has access to grandparents — or still has grandparents alive. AdvertisementHealth and distance get in the way of helpMy parents live just 15 minutes away, so you might assume they can help. They can't — and, at this stage, won't — because they're in poor health, and my dad works very long hours. They're both employed and can't assist us when we need them unless it's planned months in advance. "After everything was finished, my dad said, '"We really can't do this anymore."

Persons: —, Victoria Thorsen, Sen, JD Vance, Vance, They're, it's, It's, — aren't, they're Organizations: Service, Business Locations: Pennsylvania

☆ Mark Zuckerberg told his daughter she can't be Taylor Swift. A therapist said it's a great lesson for parents.
▼ + stars: | 2024-09-20 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

Read previewBetween her vulnerable songs and stadium shows that somehow still feel intimate, Taylor Swift has captured the hearts of so many around the world — not least young girls. In a recent interview for the podcast "Acquired," Zuckerberg recounted taking August to a Taylor Swift concert. That's not available to you,'" Zuckerberg told hosts Ben Gilbert and David Rosenthal. "His advice to his daughter to aspire to be herself, not Taylor Swift or some other icon, I do think it's an important reminder for all parents," Wright said. In a previous interview with CBS's Gayle King, Zuckerberg said he gives his kids chores such as loading the dishwasher.

Persons: —, Taylor Swift, Mark Zuckerberg's, August Chan Zuckerberg, Zuckerberg, Taylor, Swift, Ben Gilbert, David Rosenthal, Chan Zuckerberg, Annie Wright, Wright, Gen Zers, Gen Alphas, he's, CBS's Gayle King Organizations: Service, Business Locations: Maine

☆ Japan's Nikkei leads gains in Asia Pacific after Wall Street soars on Fed's jumbo rate cut
▼ + stars: | 2024-09-20 | by ( Anniek Bao | In | ) www.cnbc.com time to read: 1 min

A Japanese flag is displayed as shoppers and pedestrians walk past stores at a shopping street in Tokyo, Japan, on Wednesday, Nov. 23, 2016. Asia-Pacific markets opened higher on Friday with Japan's Nikkei 225 leading gains, after Wall Street soared overnight following the Federal Reserve's outsized rate cut. Japan's core consumer prices index climbed 2.8% year on year, in line with Reuters estimates, versus a 2.7% rise in the previous month. The reading will be the last gauge of the economy before the BOJ concludes its two-day monetary policy meeting, where it's expected to keep interest rates unchanged at 0.25%. The Japanese yen was nearly flat at 142.67.

Persons: PBOC Organizations: Japan's Nikkei Locations: Tokyo, Japan, Asia, Pacific

☆ Long-term interest rates could rise despite the Fed's cut, says Greenwich Wealth's Vahan Janjigian
▼ + stars: | 2024-09-20 | 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 EmailLong-term interest rates could rise despite the Fed's cut, says Greenwich Wealth's Vahan JanjigianVahan Janjigian, Chief Investment Officer at Greenwich Wealth Management, and Margaret Patel, Senior Portfolio Manager for multi-asset solutions at Allspring Global Investments, join 'The Exchange' to discuss slowdown strategies for stocks, the future of interest rates, and more.

Persons: Janjigian, Margaret Patel Organizations: Greenwich Wealth Management, Allspring Global Investments Locations: Greenwich

☆ Friday, September 20, 2024: Cramer says he won't sell this 'well-run' wholesale retailer
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Friday, September 20, 2024: Cramer says he won't sell this 'well-run' wholesale retailerGo behind the scenes with Jim Cramer and Jeff Marks of the CNBC Investing Club as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust—and see up close how they decide when, and if, to take action on stocks.

Persons: Cramer, Jim Cramer, Jeff Marks Organizations: Go, CNBC, Trust

☆ Post-rate cut bubble risks mean investors should buy bonds and gold, Bank of America says
▼ + stars: | 2024-09-20 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +2 min

But that means investors once again exposed to risks of a tech bubble inflating anew. Hartnett says investors should allocate to bonds and gold to hedge bubble risk. But it means investors will have to chase the stock market surge as bubble risks bounce back, he added. AdvertisementHartnett has previously warned of the potential for a tech bubble as investment in AI has soared. Amid further AI investment and easing policy, Hartnett says the best way to position portfolios is with allocations to bonds and gold, which hedge against growth and inflation risks.

Persons: BofA's Michael Hartnett, Hartnett, —, Michael Hartnett Organizations: Service, Federal Reserve, Bank of America, Nvidia, Broadcom, ASML, Meta, Treasury

☆ Pesky medical bill? Most people don't take a key step to manage that debt, study finds
▼ + stars: | 2024-09-20 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Getty ImagesConsumers may feel their medical bills are unyielding, inflexible, set in stone. About 26% of people who called because they disagreed with a charge or couldn't afford to pay it got their medical bill corrected after the outreach, according to the study, published in August. About 1 out of 5 respondents reported receiving a medical bill with which they disagreed or could not afford within the prior 12 months. How to manage medical billsConsumers should ask up front what a medical visit or procedure will cost, or inquire what the estimated cost will be, she said. Sometimes, consumers will pay "a heck of a lot less" if they pay in cash rather than via insurance, McClanahan said.

Persons: that's, Erin Duffy, Stocks, Duffy, Carolyn McClanahan, McClanahan Organizations: Getty, University of Southern, USC Schaeffer Center for Health, Economics, Finance, Savings, Bills, Financial, Planning Partners Locations: University of Southern California, Jacksonville , Florida

☆ McLaren Racing CEO: Proud of F1's innovations in safety, sustainability
▼ + stars: | 2024-09-20 | 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 EmailMcLaren Racing CEO: Proud of F1's innovations in safety, sustainabilityMcLaren Racing CEO Zak Brown discusses how the team uses hard data to improve results, and its efforts to become a more sustainable sport.

Persons: Zak Brown Organizations: McLaren

Polish American voters are having a moment. “The Polish American vote there is meaningful,” Jackson said. “A question I frequently get is whether there is even such a thing as a Polish American vote. The efforts by Harris and Trump show “the candidates are clearly making a play for the Polish American vote,” said Dominik Stecula, an assistant professor of communications at Ohio State University. Many Polish Americans do not speak Polish and have never been to Poland, and they long ago moved to the suburbs from the tightly packed Polish neighborhoods that once predominated.

Persons: Kamala Harris, Donald Trump, ” Harris, Trump, Harris, Tom Malinowski, Maureen Pikarski, Joe Biden's, Malinowski, Andrzej Duda, Duda, David James Jackson, “, ” Jackson, ”, Dominik Stecula, ” Malinowski, Stecula, ” Stecula, Vladimir Putin, Putin, Jackson, it’s Organizations: Polish, New, Harris Facebook, Biden, National, of, Solidarity, Bowling Green State University, Trump, Ohio State University, Democratic, Piast Institute, Survey Locations: Pennsylvania, New Jersey, Chicago, Polish, Poland, Ukraine, Krakow, Czestochowa, Philadelphia, Soviet Union, Ohio, Polish American, Pennsylvania , Michigan, Wisconsin, Michigan, Stecula, U.S, Luzerne County, Wilkes, Barre

ISER Caribe executive director Stacey Williams dives underwater to clip lines of astroturf-like material where baby sea urchins are growing. The group is working to restore 5 acres of coral reef in Puerto Rico by planting fragments across six reefs and returning long-spined sea urchins to the ecosystem. Then, once the urchins reach young adult size, the researchers place them in a coral reef in need of extra support. Manzello said scientists used to think coral had a longer runway — perhaps until 2040 or 2050 — before conditions became so grim. A look at the underwater lab where ISER Caribe nurtures baby sea urchins.

Persons: Derek Manzello, ” Manzello, ”, That’s, they’d, Stacey Williams, Jackie Montalvo, Maura Barrett, —, “, ” Williams, Juan Torres, Andrew Baker, ” Baker, Manzello, “ You’re, We’ve, haven’t, Evan Bush Organizations: Oceanic, Reef Watch, NOAA, Atlantic, ISER Caribe, NBC, Preserve ., Institute for, Ecological Research, ISER, NASA, Caribe, University of Miami, Rosenstiel, of Marine, Science Locations: Florida, Atlantic, Brazil, Puerto Rico, ISER Caribe, Puerto Rican, La Parguera, Honduras, Caribbean, Seattle, La

☆ Dodgers’ Shohei Ohtani becomes first player to reach 50/50 club in MLB history
▼ + stars: | 2024-09-19 | by ( Rohan Nadkarni | ) www.nbcnews.com time to read: +1 min

Los Angeles Dodgers designated hitter Shohei Ohtani hit his 50th home run and stole his 50th base of the season Thursday, becoming the first MLB player to reach both benchmarks in the same season. Ohtani entered Thursday’s game against the Miami Marlins with 48 home runs and 49 stolen bases. He stole two bases to reach 51 and knocked out three homers — one in the sixth inning, another in the seventh and a final in the ninth — to reach 51. Ohtani finished the game 6-for-6 with three home runs and 10 RBIs. Entering Thursday, Ohtani ranked sixth in Wins Above Replacement, one of only six players with WARs above 7.0Ohtani signed a 10-year, $700 million contract with Los Angeles before this season.

Persons: Shohei Ohtani, Ohtani, Tommy John, — Organizations: Los Angeles Dodgers, MLB, Miami Marlins, Los, Dodgers, NL West Locations: Los Angeles

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