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☆ Here are Friday's biggest analyst calls: Netflix, Nvidia, Apple, Arm, Meta, Amazon, Hasbro, Coinbase, Broadcom & more
▼ + stars: | 2024-07-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: UBS upgrades Accenture to buy from neutral UBS said the IT services company has AI optionality. UBS upgrades Wolverine World Wide to buy from neutral UBS said it sees sales growth and margin upside for the footwear manufacturer. JPMorgan reiterates Netflix as overweight JPMorgan said it's sticking with its overweight on Netflix following Thursday's earnings report. Bank of America reiterates Amazon as buy Bank of America said it's sticking with its buy rating following Amazon's Prime Day. UBS upgrades Ameren to buy from neutral UBS upgraded the electric services company and said regulatory risks are "overly discounted."

Persons: Morgan Stanley, Oppenheimer, William Blair, it's, Needham, Coinbase, Wedbush, it's bullish, Barclays downgrades Molson Coors, Cantor Fitzgerald, Cantor, Evercore, JPMorgan, Buck, Melius Organizations: UBS, Accenture, JPMorgan, Netflix, Revenue, Bank of America, 3Q, Nvidia, Meta, NASDAQ, Trump, Vance, Big Tech, Choice, Barclays downgrades, Barclays, TAP, Apple, Services, Broadcom, Broadcom's, Consumer, Hasbro Locations: China, Coinbase

☆ How Amazon is using AI to make your shopping better
▼ + stars: | 2024-07-19 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Amazon is also using AI to create highlights about how clothing fits, the quality of the fabric, and other aspects based on buyer reviews. aims to reduce the number of damaged or incorrect products Amazon sendsAn Amazon warehouse. MARCO BERTORELLO/AFP via Getty ImagesAmazon has cut down on packaging waste — think about those times you've gotten something tiny in a huge box — using AI. The approach means that Amazon can ship products using less cardboard and other packaging materials by using them more efficiently. AI can give you recommendations on Amazon's Fire TVAmazon isn't just using AI for shopping.

Persons: —, you've, there's, they're, Rufus, Rufus chatbot, Amazon, Sean Gallup, MARCO BERTORELLO, Smalls, Alexa, Maestro Organizations: Service, Business, Amazon, Apparel, Getty, Workers, Amazon's, Fire, Amazon Music, Foods Locations: Amazon, AFP

☆ How is 'Twisters' connected to the original 1996 movie? The cast calls it a 'stand-alone sequel'
▼ + stars: | 2024-07-19 | by ( Olivia Singh | ) www.businessinsider.com time to read: +4 min

Read previewGlen Powell's hot streak in Hollywood continues with "Twisters," a new iteration of the 1996 disaster movie "Twister." Melinda Sue Gordon/Universal Pictures, Warner Bros. Pictures, and Amblin EntertainmentIn a cover story for Entertainment Weekly, the cast referred to "Twisters" as a "stand-alone sequel." "It feels like a real next chapter, whilst also having so much love for the original," Edgar-Jones told Variety, echoing the director. 'Twisters' contains nods and homages to the original movieKate (Daisy Edgar-Jones) and Tyler (Glen Powell) in "Twisters." Universal PicturesThere are also moments and costumes in "Twisters" that are reminiscent of the original movie.

Persons: —, Lee Isaac Chung's, Powell, Tyler Owens, Daisy Edgar, Jones, Kate Carter, Javi, Anthony Ramos, Bill Paxton, Helen Hunt, Jo, Kate, Tyler, Glen Powell, Melinda Sue Gordon, Jo Harding, Paxton, Chung, I've, Edgar, Dorothy, Bill, Dorothy V, Patrick Sullivan, Brandon Perea, Lily, Sasha Lane, Dusty, Philip Seymour Hoffman's, James Paxton, Dad, James Organizations: Service, Business, Universal Pictures, Warner Bros . Pictures, Amblin Entertainment, Entertainment, YouTube, Muskogee State University, wranglers Boone Locations: Hollywood, Oklahoma

Southwest Performance Business Credit Card ReviewChase offers five co-branded Southwest credit cards with varying annual fees and benefits. Southwest Performance Business Credit Card RewardsThe Southwest® Rapid Rewards® Performance Business Credit Card offers many key benefits and features. Southwest Performance Business Card Fees and Other CostsThe Southwest® Rapid Rewards® Performance Business Credit Card charges a $199 annual fee. Southwest® Rapid Rewards® Premier Business Credit Card vs. Southwest® Rapid Rewards® Performance Business Credit CardThe Southwest® Rapid Rewards® Premier Business Credit Card is the only other small business credit card in Southwest's current portfolio. Southwest Performance Business Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Performance Business Credit Card?

Persons: Chase, Cardholders, they'll, you'll Organizations: Business, Rewards, Card, eBay, Southwest ®, Rapid, FDIC, Southwest, EarlyBird, TSA, NEXUS, Emergency, Chase Small Business, Chase, Sapphire, Southwest Airlines Locations: rideshare, Southwest, Hawaii, Caribbean, Mexico, Central America

☆ Upstate Art Weekend Offers a Year’s Worth of Art in Four Days
▼ + stars: | 2024-07-18 | by ( Will Heinrich | ) www.nytimes.com time to read: +1 min

The list of official participants in this year’s fifth edition of Upstate Art Weekend, a sprawling festival that embraces nearly every art event or exhibition happening north of New York City over the next four days, has reached 145. It’s a dramatic rise from an informal band of some two dozen arts centers and galleries just four years ago, and it now spans 10 counties in New York State. Some events spill over from last year, but there are many new developments. At the Zero Art Fair in Elizaville, nearby, visitors are welcome to take home one available work per day for free under an innovative contract that vests ownership over five years, after which time title will pass to the new owner. The contract was developed for the artist William Powhida (who founded that fair with the artist Jennifer Dalton).

Persons: Audra Wolowiec’s, William Powhida, Jennifer Dalton Organizations: New Art Dealers Alliance Locations: New York City, New York State, Catskill, N.Y, Elizaville

☆ UK inflation holds steady at Bank of England's 2% target, above expectations
▼ + stars: | 2024-07-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Alexander Spatari | Moment | Getty ImagesU.K. inflation held steady at the Bank of England's 2% target in June, Official National Statistics data showed Wednesday. The headline reading came in above analyst expectations at 1.9%, according to economists polled by Reuters, and was in line with the previous 2% reading in May. Sterling rose slightly shortly after the release, trading at $1.2977 by 7:21 a.m. London time. Services inflation — which is closely watched by the BOE, given its dominance within the U.K. economy and its reflection of domestically-generated price rises — remained at 5.7% in June. Core inflation, excluding energy, food, alcohol and tobacco, was 3.5%, also on par with the 3.5% recorded in May.

Persons: Alexander Spatari, Sterling, BOE, Taylor Swift, Bruce Springsteen, Pink Organizations: Bank of England's, National Statistics, Reuters, Consumers, Sting, Bank of England Locations: London, —

☆ Opinion: My teenage son had an influencer in his class. This is what it was like
▼ + stars: | 2024-07-17 | by ( Opinion Michelle Leder | ) edition.cnn.com time to read: +5 min

More than a few still carry the scars, including one 80-year-old woman I recently spoke to about her middle school experience. Instead of facing a mean girl or boy of his own, he wound up with a social media influencer in his class who held sway over the entire grade. “All of these issues with social media are coming to a head right now and there’s wildly insufficient research,” Marc Berkman, CEO of the non-profit Organization for Social Media Safety, told me recently. Middle school is complicated enough without all the extra pressures generated by having a social media influencer sitting next to you. From middle school science class, we know that a fire needs oxygen to burn.

Persons: Michelle Leder, Michelle Leder Scott Cooper, cooties, she’d, ” Marc Berkman, ”, Zers, influencer Organizations: SEC, CNN, Social Media Safety, Twitter, Facebook Studies, Wall Street Journal Locations: Louisville , Kentucky, Brooklyn , New York, —

☆ I tried out Amazon's new AI shopping assistant Rufus. One feature stood out as a game changer.
▼ + stars: | 2024-07-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read previewAmazon finally rolled out its AI assistant Rufus to all US customers after announcing the new feature in February. AI shopping assistants are becoming more popular, with various online retailers adding them to their sites. AdvertisementAmazon's shopping assistant uses information from listing details, reviews, and Q&As. Amazon/screenshotI wouldn't have thought to ask questions about the noise level or whether it oscillates, but these ended up being determining factors for the fan I selected. AdvertisementIt's a game changer for warehouse shoppingThe AI assistant has received some lackluster reviews from those who have tried it.

Persons: —, Rufus, it's, I've, Fitbit Organizations: Service, IBM, Business, Amazon, Apple Watch

☆ It looks like the party's over for luxury goods in China
▼ + stars: | 2024-07-17 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Read previewHugo Boss, Burberry, Richemont, and Swatch have all called out slumping sales in China this week as consumers cut back on luxury spending. Swiss watch group Swatch said it expects the Chinese market "to remain challenging for the entire luxury goods industry until the end of the year." But much of this spending has been overseas, and sales in China have fallen for some of the world's biggest luxury brands. AdvertisementBefore the pandemic, about two-thirds of Chinese luxury spending occurred outside mainland China, plummeting to less than 10% in 2021 and 2022 because of travel restrictions, according to data from Bain. The consultancy said that this started to rebound in 2023 with the return of overseas tourism, with an estimated 30% of luxury spending taking place outside mainland China.

Persons: —, Hugo Boss, Burberry, Gerry Murphy, they've, Bain, Luca Solca, Vacheron Constantin, Marc Jacobs, Versace, Richemont Organizations: Service, Swatch, Business, Bain & Company, Richemont, Cartier, Burberry, Financial Times, Bain, Prada, The Financial Times, Luxury Summit Locations: China, Swiss, Americas, Hong Kong, Macau, Japan, South Korean, East

☆ Right-wing media figures blame women in Secret Service and ‘DEI’ for security failure in Trump shooting
▼ + stars: | 2024-07-17 | by ( Hadas Gold | ) edition.cnn.com time to read: +11 min

But one narrative has quickly taken hold in parts of the right-wing media ecosystem: The security failure was the result of workforce diversity initiatives and women working as Secret Service agents. Matt Walsh, a far-right media personality, wrote a series of posts on the social media platform X assailing the notion of women working as Secret Service agents. “There should not be any women in the Secret Service. “Female agents were also among those guarding Trump’s armored SUV as it prepared to depart the scene,” said Campbell. Associations that represent women in law enforcement reacted to the unfounded attacks on female agents with disappointment and alarm.

Persons: Donald Trump, Kimberly Cheatle, Trump, Matt Walsh, ”, Walsh, Josh Campbell, “, Campbell, Barbara Riggs, Riggs, Elon Musk, Laura Ingraham, ” Riggs, Eric Trump, CNN’s Jake Tapper, Cheatle, Joe Biden’s, ” Cheatle, Cheatle’s, Tim Burchett, Kamala Harris, Dan Ball, Cheatle “, Republican Sen, Ron Johnson, they’ve, CNN’s Whitney Wild Organizations: New, New York CNN, Service, Trump, CNN, Equity, Fox News, PepsiCo, CBS, Tennessee Republican, Republican, Senate Homeland Security, Washington Post, Women, Enforcement, International Association of Women Police, National Association of Women, Research Locations: New York, Pennsylvania, Trump, Baltimore

☆ U.K. Inflation Steady as Economists Puzzle Over ‘Taylor Swift Effects’
▼ + stars: | 2024-07-17 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

Inflation in Britain held steady in June as the Bank of England inches toward its first interest rate cut in years and economists pondered whether a global pop star helped keep services prices higher. Food inflation also slowed, with prices rising just 1.5 percent compared with a year ago. But the June inflation data came in slightly higher than expected. Core inflation, which excludes energy and food prices, was expected to dip but remained at 3.5 percent in June. Traders reduced their bets on an August rate cut, giving it about a 35 percent chance.

Organizations: Bank of England, National Statistics, Traders Locations: Britain

It's your last chance to shop Amazon Prime Day deals on tech, beauty products, vacuums and more. SKIP AHEAD The best Prime Day deals | More Prime Day sales to check out | The best sales at other retailersWant more from our everyday experts, straight to your inbox? Other Amazon Echo smart speakers are also on sale during Prime Day, including the Echo Spot ($44.99) and Echo Dot ($24.99). Best Prime Day salesHere are the best Prime Day sales to know about. Best Prime Day clothing, shoes and accessories salesBest Prime Day tech salesBest Prime Day home and kitchen salesBest Prime Day pet supplies salesBest Prime Day beauty and wellness salesBest Prime Day travel salesBest Prime Day food and beverage dealsPrime Day: Best sales at other retailersFrequently asked questions When does Amazon Prime Day end?

Persons: I’ve, they’re, It’s, Chamberlain, They’re, fanny, —, Siri, Differin, dermatologists, shea, Alexa, Lindsay Schneider, Mili, it’s, you’ll, Chili Crisp, Zhong, TikTok Organizations: Amazon, NBC, AA, AAA, Apple, Netflix, Apple TV, Hulu, Spotify, Apple Music, Sirius XM, Chengdu Crunch, Amazon Prime, Wellness, Facebook, Twitter Locations: Chili, Zhong Sauce

The best Prime Day deals are the ones that let you fill a need in your life while saving a few bucks. Read on for our editor's personal picks from this year's sale, and catch the remaining sales in our main Prime Day deals hub. Amazon Prime Day deals our experts bought themselvesI'm moving from a huge home in Kansas to a tiny apartment in New York City. I used Prime Day as an opportunity to downsize to a smaller model that was recommended by our air fryer expert. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for more.

Persons: you've, Read, fryer, — Lauren Savoie, I've, It's, Samantha Crozier, Gabrielle Chase, Sam, Sally Kaplan, TCL, Brendan Griffiths, Anker, — James Brains, — Sally Kaplan, Dot, — Christopher Meinck, They're, it's, — Jaclyn Turner, Lauren Savoie, I'm, I'd, — John Lynch, They've, Mandolines, NoCry, Les Shu Organizations: Business, Amazon Prime, Sony, Microsoft, Taco Bell, Lenovo, Echo, Commerce, JW, JW PEI, Love Locations: Kansas, New York City, Taco, Crystal City, Hawaii, Brooklyn, Europe

☆ Follow a simple, 'unorthodox' 4-step strategy and buy these 5 stocks to mimic the returns of a top-3% mutual fund over the last decade
▼ + stars: | 2024-07-16 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewA growth-heavy mutual fund has crushed its index in the last decade thanks to a remarkably simple investing strategy that most bottom-up portfolio managers would decry as heresy. The Hennessy Cornerstone Growth Fund (HFCGX) managed by Neil Hennessy, Ryan Kelley, and Josh Wein is in the top 3% of its category in the last 10 years, according to Morningstar. AdvertisementThis stock screen, which doesn't examine a company's management team or balance sheet, is "a little bit unorthodox," Wein acknowledged. A 4-part pathway to strong gainsThough unconventional, the four-part vetting process that serves as the backbone of the Hennessy Cornerstone Growth Fund is far from unproven. Although Wein doesn't select stocks like most other managers, he still highlighted five stocks that he's most excited about.

Persons: —, Neil Hennessy, Ryan Kelley, Josh Wein, Morningstar, It's, Wein, " Wein, they're, Hennessy, They're Organizations: Service, Cornerstone Growth, Business, Hennessy Cornerstone Growth, Urban Outfitters, Emcor

☆ Trump Shooting Live Updates: Investigators Focus on Security Lapses and Gunman’s Motive
▼ + stars: | 2024-07-16 | by ( The New York Times | ) www.nytimes.com time to read: +8 min

“He didn’t want attention, good or negative,” said Julianna Grooms, 19, who first remembered seeing Mr. Crooks when they were freshmen. The Bethel Park School District confirmed that Mr. Crooks graduated from high school in 2022, but declined to release any other details about his school record. “He was a very good student,” said Mr. Knapp, who retired two years ago as a guidance counselor. “He liked the idea of being by himself because that was his human nature,” Mr. Knapp said. Mr. Crooks had been a member of the Clairton Sportsmen’s Club, a gun club that features a 200-yard-rifle range.

Persons: Thomas Crooks, Jim Knapp, Crooks, ”, ” Mr, Knapp, Julianna Grooms, Donald J, Trump, Jennifer Meredith, Matthew Crooks, Ms, Grooms, SpongeBob, “, Mr, Anna Dusch, ” Jill Bortz, That’s, Michael Rothfeld, Aric Toler, Susan C, Beachy, Julie Tate Organizations: Bethel Park High School, Trump, Secret, Bethel Park School District, Community College of, Republican, Democrat, eBay, Osage, Osage County Guns Locations: Bethel, Pittsburgh, Butler, Pa, Bethel Park, Bethel Park’s, Community College of Allegheny County, Osage County, Wright City, Mo

☆ Taylor Swift U.S. tickets cost $1,832. I saw The Eras Tour in Amsterdam for $384. Credit card points covered almost everything else.
▼ + stars: | 2024-07-16 | by ( Katherine Fan | Sarah Silbert | Senior Editor | ) www.businessinsider.com time to read: +12 min

The information for the following product(s) has been collected independently by Business Insider: Marriott Bonvoy Boundless® Credit Card, Chase Freedom Flex®. I saved over $5,000 with points and milesThis trip was only possible because of my stash of credit card points and miles. Katherine FanMy Sheraton Amsterdam hotel room would have cost $405.48 in cash Katherine FanI booked the room using a free night award I earned from a new customer bonus on the Marriott Bonvoy Boundless® Credit Card credit card. Note that credit card lenders may use many different variations of credit score models when considering your application. You can use credit card awards to book luxury vacations, seek out gritty adventures, and do everything else in between.

Persons: Taylor Swift, Taylor, would've, Johan Cruijff Arena, neve, I'm, Katherine Fan, Chase Travel ℠, Chase, redemptions Organizations: Business, Independence, Sheraton, Marriott, Amazon Prime, Visa, KLM, American, Marriott Gold, Google, Chase Sapphire, Chase Travel, Sapphire, TSA, FDIC Locations: Amsterdam, Texas, Europe, Netherlands, North America, U.S, Canada, Austin, Sheraton Amsterdam

☆ I ate at the Paris bistro that's now owned by the richest man in Europe. It has many critics, but one dish won me over.
▼ + stars: | 2024-07-15 | by ( Kasia Dietz | ) www.businessinsider.com time to read: +9 min

Read previewAs a local to Paris for 15 years, I've often passed by the red-checkered curtains of Chez L'Ami Louis. Either way, I was curious to try Chez L'Ami Louis and form my own impression. The prices were still a bit tough to swallowI'd been intimidated by the Chez L'Ami Louis prices before. I wish I'd saved more room for dessertThe chocolate cake at Chez L'Ami Louis was creamy and decadent. But as for me, I'd definitely recommend Chez L'Ami Louis to those looking for an authentic French bistro experience.

Persons: —, I've, Chez L'Ami Louis, It's, Bill Clinton, David Beckham, Francis Ford Coppola, Keanu Reeves, Brad Pitt, Bernard Arnault, Louis Vuitton, L'Ami Louis, Kasia Dietz, we'd, I'd, Louis, I'm, escargot, Arnault, Chez Organizations: Service, Haut Marais, Business, Chez, Michelin Locations: Paris, Haut, Bordeaux, Toronto

☆ 4 Gen Zers on track for financial independence explain the mix of passive income, businesses, and sacrifices it took to get there
▼ + stars: | 2024-07-15 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. But all four emphasized that their sacrifices and risks earlier in life may be the key to their financial stability down the road. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.

Persons: —, Gen Z, they've, Cody Berman, Cody Berman Cody Berman, Berman, I'm, " Berman, Bosch, Louis, Roth, Amber Smith, Amber Smith Amber Smith, Smith, she's, Cory Sarkisian, Sarkisian, They've Organizations: Service, Transamerica Center, Retirement Studies, Business, Boeing, Navy, Nissan, Gold City Ventures, Bosch, eBay, Honda Civic, Roth IRA, Savings Locations: St, California, West Des Moines, San Diego, Hawaii, Connecticut, New Zealand

☆ ‘Gen Z boss and a mini,’ explained: The new TikTok trend celebrates style and sass
▼ + stars: | 2024-07-15 | by ( Scottie Andrew | ) edition.cnn.com time to read: +3 min

“Gen Z boss and a mini”? If you can think of two catchy descriptors that encapsulate your outfit and unique aura, you’ve got enough material to get in on the latest TikTok style trend. Some TikTokers are using the trend to celebrate their own style, their unique shine too bright to share with others in the same video. The brand even capitalized on its viral fame with a “Gen Z boss and a mini” bundle of skin care products. Corporate cringe though it may be, the trend is already paying off for the squad of TikTok-savvy skin care mavens.

Persons: you’ve, —, sass, Amy Poehler, Rachel Dratch, Seth Meyers, Rashida Jones, Amy Poehler Jones, Meyers, Michael B, TBH, “ Organizations: CNN, Recreation Locations: Australia, “ Parks

Learn moreThe Nordstrom Anniversary Sale is officially here and there are thousands of deals available. This year, men's clothes, shoes, and accessories are well-stocked categories, so you will surely find what you're looking for. You can shop all men's Nordstrom Anniversary deals here, or click through to specific categories you're interested in. For more deals, check out our guide on what to buy during the Nordstrom Anniversary Sale, where we detail all the best departments to shop. The best men's deals from the Nordstrom Anniversary Sale:AdvertisementMen's Clothing dealsNordstrom has a great mix of popular name brands and more affordable in-house brands to choose from.

Persons: Tommy John, Bonobos, men's, Nordstrom, Jack Black, Jack Black's Organizations: Business, Nordstrom, Nike, Adidas Locations: Nordstrom

Learn moreIt's finally here: the annual Nordstrom Anniversary Sale has officially begun for everyone today, and beauty is where some of the steepest and rarest discounts are to be found. For its Anniversary Sale, Nordstrom collaborates with top luxury beauty brands like Yves Saint Laurent, Bobbi Brown, Oribe, and more to offer discounts on special jumbo sizes, buy-one-get-one packs, exclusive gift sets, and free extras. If you've been debating investing in a top-tier high dryer or styling tool, Nordstrom's Anniversary Sale is the best time of the year to do it. Below, you'll find our top recommendations for skincare, haircare, perfume, and makeup from the Anniversary Sale. Check out our guide to the best clothing and shoe deals from the Anniversary Sale, or shop all Nordstrom beauty deals here.

Persons: Nordstrom, Yves Saint Laurent, Bobbi Brown, you've, We've, Dyson, Kiehl's Creme, Charlotte Tilbury, Le Organizations: Business, Nordstrom, Dyson, nab, Oil Locations: Nordstrom

☆ Burns From Scorching-Hot Sidewalks and Roads Are Rising, and Can Be Fatal
▼ + stars: | 2024-07-14 | by ( Adeel Hassan | Isabelle Taft | ) www.nytimes.com time to read: 1 min

Stephen Cantwell remembers betting on horse races at a Las Vegas casino, drinking tequila in celebration of his wins and walking to a nearby restaurant for hibachi rice. On his way there, Mr. Cantwell, 59, passed out on the sidewalk. The high temperature on that day, June 21, was 109 degrees, but the ground beneath him was most likely dozens of degrees hotter. By the time he had regained consciousness in a hospital, the pavement had seared his skin, even through his clothing, he said. “It was very painful, absolutely,” he said, though he is recovering well after two weeks of treatment at the University Medical Center in Las Vegas.

Persons: Stephen Cantwell, Cantwell, ” Organizations: University Medical Locations: Las Vegas

☆ These kinds of businesses are driving a surge in US corporate bankruptcies
▼ + stars: | 2024-07-14 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

In the meantime, you can stay up to date on the latest business news with CNN’s Business Nightcap newsletter. Access to credit is especially crucial for small, private businesses that aren’t able raise money through financial markets. “There were a number of programs out there to support small businesses during the depths of the pandemic, and there were relatively fewer filings than usual in 2021 and 2022.”Rising corporate bankruptcies could just reflect a lot of churn occurring in Corporate America, Jamner said. Don’t panicMost banks offer free checking if, for instance, customers have their paycheck direct deposited or they maintain an average minimum balance, reports my colleague Jeanne Sahadi. Marianne Lake, the head of Chase Bank, told the Wall Street Journal last week that Chase might stop offering free checking and other free banking services.

Persons: It’s, ” “, Matt Rowe, Josh Jamner, Jamner, we’re, Reena Aggarwal, “, ”, Banks, Jeanne Sahadi, Marianne Lake, Chase, Jaret, Read, Goldman Sachs, Jerome Powell, Mary Daly, Morgan Stanley, Charles Schwab, Adriana Kugler, Johnson, Kinder Morgan, Tom Barkin, Lorie Logan, Michelle Bowman, John Williams, Raphael Bostic Organizations: CNN’s Business, Washington CNN —, P Global Market Intelligence, CNN, Federal Reserve Bank of Kansas, Nomura Capital Management, Consumer, Institute for Supply, P, ClearBridge Investments, ”, Corporate America, Federal, Fed, Georgetown University Psaros Center, Financial Markets, Chase Bank, Wall, TD Securities, BlackRock, San Francisco Fed, Bank of America, PNC, State, US Commerce Department, US Labor Department, National Association of Home Builders, Johnson, US Bancorp, Discover, Vegas Sands, Northern Trust, Citizens, United Airlines, National Statistics, Federal Reserve, Richmond Fed, Netflix, Novartis, Abbott Laboratories, Marsh, Blackstone, Infosys, Cintas, T Bank, Nokia, American Airlines, European Central Bank, American Express, Fifth Third Bancorp, AutoNation Locations: Federal Reserve Bank of Kansas City, Corporate, UnitedHealth, Wells Fargo, Vegas, Equifax, Northern, McLennan, Schlumberger, Haliburton

☆ 4 Gen Zers share how they're already on pace to retire early — though some don't want to
▼ + stars: | 2024-07-14 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. Some said they don't intend on following the "retire early" part of the acronym and instead want to pursue their passions while making money doing so. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.

☆ Bronze Age-style ship recreates a 4,000-year-old journey
▼ + stars: | 2024-07-13 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Fast-forward to seventh century East Anglia in the United Kingdom, where an Anglo-Saxon warrior king was buried alongside exquisite goods within a massive ship. Researchers are hoping to reconstruct the ship — and it’s not the only vessel gaining new life centuries after disappearing from time. Emily Harris/Zayed National MuseumUsing a supply list written on a clay tablet, a team of experts in the United Arab Emirates has reconstructed a Bronze Age ship. Once upon a planetScientists excavated a 52,000-year-old woolly mammoth skin from the Siberian permafrost. Love Dalén/Stockholm UniversityThe freezing temperatures of the Siberian permafrost preserved a piece of 52,000-year-old woolly mammoth skin so well that it contains a first-of-its-kind genetic treasure trove.

Persons: it’s, Emily Harris, Shipwrights, Jacob, Alex Braczkowski, Griffith University Jacob, Tibu, Butch Wilmore, Suni Williams, James Webb, Ashley Strickland, Katie Hunt Organizations: CNN, East, Zayed National, United Arab Emirates, Zayed National Museum, Griffith University, Uganda’s Queen Elizabeth, International Space Station, NASA, Boeing, European Space Agency, James Webb Space, Penguin, —, CNN Space, Science Locations: Siberia, East Anglia, United Kingdom, Persian, Mesopotamia, Zayed, Abu Dhabi, Sweden, Denmark, Peru, Machu Picchu, Uganda’s, Stockholm, Western Australia

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