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Crews encountered obstacles that entrapped ships or submerged them beneath ice-covered waters, creating an enduring mystique about what went wrong. Ocean secretsThe 3D scan of HMS Endurance makes it appear as though the ship was lifted from the bottom of the ocean. Falklands Heritage Maritime Trust/National GeographicAn awe-inspiring 3D scan has brought the shipwreck of Antarctic explorer Ernest Shackleton’s HMS Endurance, found in 2022, back to life. Meanwhile, a more somber finding gleaned from DNA identified the cannibalized remains of James Fitzjames, captain of the HMS Erebus. Other worldsAstronomers using the Hubble Space Telescope watched the shape of Jupiter's Great Red Spot change over 90 days.
Persons: Crews, Ernest Shackleton’s HMS, Shackleton, James Fitzjames, Sir John Franklin, Fitzjames, Trailblazers, David Baker, Demis Hassabis, John Jumper, John Hopfield, Geoffrey Hinton, Victor Ambros, Gary Ruvkun, Matthew Dominick, John Henry Patterson, Thomas Gnoske, Joseph DePasquale, , Indiana Jones, , Ashley Strickland, Katie Hunt Organizations: CNN, Heritage Maritime Trust, University of Washington, Google, Princeton University, University of Toronto, University of Massachusetts Medical School, Harvard Medical School, NASA, International Space, Space, Chicago’s Field, Hubble, European Space Agency, CNN Space, Science Locations: Antarctica, Weddell, Canada’s Nunavut, London, North America, Europe, Kenya, Civil, Petra, Jordan
CNN —University of North Carolina wide receiver Tylee Craft has died at the age of 23 after a cancer battle, the school announced on Saturday. “It is with love and fond memories that we announce Tylee Craft has begun his journey on the other side,” the school said in a release. “Tylee meant so much to so many and affected us in ways we’ll always be thankful for. The school honored Craft ahead of Saturday’s game against Georgia Tech at Kenan Memorial Stadium in Chapel Hill, North Carolina. Tar Heels head coach Mack Brown embraced Craft’s mother during a tribute that included 13 seconds of applause to honor Craft.
Persons: Craft, , he’ll, Mack Brown, Craft’s, JJ Jones, Brown, Tyler Strong, ” Brown, they’re, Organizations: CNN — University of North, Disney Spirit, Georgia Tech, Kenan, Heels Locations: CNN — University of North Carolina, Chapel Hill , North Carolina
Ryan Williams’ extraordinary 75-yard touchdown with just over two minutes remained was the decisive score in No. Former tennis superstar Serena Williams even jokingly remarked at how “impressive” her 17-year-old “cousin” has been doing at Alabama. “Whether Ryan ever catches a ball again for the rest of his career, he’s already entrenched himself in Alabama tradition for that play,” Kelly told CNN. It was when the pair reversed roles – Ryan Williams now catching passes – that Kelly, whose office was overlooking the practice field, realized the young athlete’s potential as a receiver. And with Saraland in need of a receiver, Kelly decided to throw Williams in, a decision which ultimately paid dividends.
Persons: Ryan Williams ’, Williams, LeBron James, Chris Paul, JJ Watt, Dez Bryant, Serena Williams, , Jeff Kelly, Bryant, Denny, Ryan, he’s, ” Kelly, , ” Williams, Steve Limentani, Kelly, Jarel Williams, West Virginia –, – Ryan Williams, Bo Nix, Julio Jones, JaMarcus Russell, “ Ryan, Carly Mackler, ’ Williams, Kelly can’t, Alabama’s Bryant, Amari Cooper, Calvin Ridley, Jaylen Waddle, DeVonta Smith, Jameson Williams, Brandon Sumrall, He’s Organizations: CNN, Crimson Tide, Georgia, Georgia Bulldogs, football, West Virginia, Alabama, Football, Denver Broncos, Pro, Mr, Seattle Seahawks, Western, NFL, University of Alabama Locations: Georgia, Alabama, Saraland, , Western Kentucky, ” Alabama
With the bull market in stocks now two years old, investors are wondering how long the rally can last. AdvertisementThe stock market bottomed on October 12, 2022, marking two years since the start of the ongoing bull rally. A resilient job market, lower inflation, and continued corporate earnings growth helped push the stock market higher over the past two years. A common Wall Street expression is "rotation is the lifeblood of a bull market," and that appears to be playing out. Advertisement"Although many might think this bull market has gone too far and is getting old, that isn't the case at all.
Persons: , Jay Woods, Woods, Ryan Detrick, Detrick, Baird, Ross Mayfield Baird, Ross Mayfield, Mayfield, Rob Haworth, Haworth Organizations: Service, Nasdaq, Dow Jones, Freedom Capital, Jay, Freedom Capital Markets, Carson, Carson Group, Business, Asset Management, Rob, Bank Asset Management, Federal Reserve
The S&P 500 and Dow Jones Industrial Average powered to new highs on Friday and capped off a winning week as banking behemoths ushered in a promising start to the third-quarter earnings season. The broad index gained 0.6% to end at 5,815.03, while the Dow rallied 409.74 points, or nearly 1%, to finish at 42,863.86. The S&P and Nasdaq jumped 1.1% each, while the Dow toted a 1.2% gain. A strong start to the third-quarter earnings season provided a lift to stocks. That included a cooler-than-expected September producer price index reading after the consumer price index increased slightly more than expected.
Persons: , , Craig Sterling, JPMorgan Chase, Wells, Kim Forrest, Forrest, Stocks, Goldman Sachs, David Russell, Organizations: Dow Jones Industrial, Dow, Nasdaq, JPMorgan, Bokeh Capital Partners, , Federal, Federal Reserve
Napheesa Collier’s turnaround jumper with 8.8 seconds left lifted the Minnesota Lynx to a 95-93 win over the New York Liberty in Game 1 of the WNBA Finals on Thursday night. With the game tied in overtime, Collier faked in the lane and scored. Before the game WNBA Commissioner Cathy Engelbert announced that the league is expanding the Finals to best-of-seven starting next year. The Liberty blew an 11-point lead in the final 3:23 of regulation when Minnesota scored 12 straight points, capped by Williams’ four-point play with 5.5 seconds left. The Liberty are looking for the franchise’s first championship while the Lynx are vying for a league-record fifth.
Persons: Collier, Courtney Williams, Kayla McBride, Cathy Engelbert, Jonquel Jones, Sabrina Ionescu’s, Jones, Williams ’, Stewart’s, Ionescu, Stewart, Spike Lee, Jason Sudeikis, Meek, Mark Vientos, Lee Organizations: Minnesota Lynx, New York Liberty, WNBA, New, Minnesota, York, Liberty, midcourt, Connecticut, Lynx, Las Vegas Aces, Commissioner’s, New York Mets Locations: New York, Minnesota, York
The yield on the 10-year Treasury fell around 2 basis points to 4.075%. The yield on the 2-year Treasury was down by more than 2 basis points to 3.974%. The U.S. 10-year Treasury yield edged lower on Friday as market participants awaited the release of the Producer Price Index (PPI) report. The yield on the 10-year Treasury briefly topped 4.1% in the previous session following commentary from Atlanta Federal Reserve President Raphael Bostic that suggested his openness to a cutting pause. Sticking on the data front, investors will turn their attention to the release of the latest PPI reading, which is expected at 8:30 a.m.
Persons: Raphael Bostic, Bostic, Dow, — CNBC's Brian Evans Organizations: Treasury, Atlanta Federal Reserve, Wall Street Journal, Fed, U.S, Consumer, Index, PPI Locations: U.S
Sean Rayford/Getty Images Cars move slowly through Matlacha, Florida, on Thursday after Hurricane Milton damaged power lines. Chris Urso/Tampa Bay Times/AP A satellite image captures Hurricane Milton reaching the coast of Florida on Wednesday, October 9. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday. “Many areas in the county have incurred severe property damage because of back-to-back impacts from Hurricane Helene and Hurricane Milton,” Pinellas County Consumer Protection said in a public advisory Thursday.
Persons: Milton, Floridians, , Ron DeSantis, Walt, Aquatica, Connie Gore, Cecelia Smith, Hurricane Milton, Crystal Vander, Miguel J, Rodriguez Carrillo, Robert Turick, Turick, Helene, Rebecca Blackwell, Cristobal Herrera, Julio Cortez, Giorgio Viera, Ricardo Arduengo, Liz Kelly, Matt, Andrew West, Chandan Khanna, Nadia Zomorodian, Austin, Joe Raedle, Sean Rayford, Marta Lavandier, Jefferee Woo, Bryan R, Smith, Chris Urso, Marco Bello, Brandon Marlow, Marie Cook, Bill Ingram, Reuters Stephen Lundgren, Doug Engle, Ron Rook, Paul Hennessy, Saul Martinez, Payton Wyse, Andrew Goncharsky, Christian Burke, Lee, Connor Ferran, Fort Myers, Nicolette Mariano, Kaila Jones, Damon Higgins, Ted Carlson, McKenzie, Evan Purcell, Purcell's, Anna Maria Island, Carlson, Hurricane Helene, Yamil Lage, Matthew Dominick, NASA Aurelio Ortiz, Lorenzo Hernandez, Mike Carlson, Jose Luis Gonzalez, Reuters John Fedor, Chris O'Meara, David Jalving, Pete, Octavio Jones, Tristan Wheelock, Gerald, Martin Zetina, Gregg Newton, ” DeSantis, , ” Crews, Melissa Seixas, CNN’s Kate Bolduan, Joe Biden, Deanne Criswell, ” Criswell, Hurricane, it’s, CNN’s Andy Rose Organizations: CNN, St, Daytona, Tampa International, Sarasota Bradenton International, Coast Guard, Walt Disney, SeaWorld, USA, AFP, Getty, AP, Hurricane, Network, Reuters, Bradenton, Tropicana, Major League, Tampa Bay Rays, Celtic Ray Public, Tampa Bay Times, NOAA, Vanguard, School, Ocala, Orlando International Airport, Anadolu, Disney, Fort, Palm Beach Daily, Florida Army National Guard, Tampa General Hospital, NASA, International, Milton, Tampa International Airport, Bloomberg, AP Contractors, New Port Richey, AP Tropicana, Duke Energy, Pinellas County Consumer Protection, , Government, FEMA, Cross Locations: Florida, Tampa, Hillsborough, Lithia, Clearwater, Johns, Orlando, Sanibel , Florida, St, Petersburg, Georgia, South Carolina, Aquatica Orlando, Discovery Cove, SeaWorld Orlando, Martin County , Florida, Port St Lucie , Florida, Hurricane, Englewood , Florida, Manasota Key, Hurricane Milton, Venice , Florida, Riverview , Florida, Lakewood Park , Florida, Siesta Key, Punta Gorda , Florida, North Fort Myers , Florida, Siesta, Volusia, South Daytona , Florida, Bradenton Beach, Milton, St . Petersburg, Punta Gorda, Odessa , Florida, Venice, Matlacha , Florida, Palmetto Beach, Bradenton , Florida, St . Petersburg , Florida, AFP, Sarasota , Florida, Segundo, Davis, Fort Myers , Florida, Wellington , Florida, Palm, Ocala , Florida, County, Wellington, Gulfport , Florida, Lee County, Fort Myers, Sebastian , Florida, Palm Beach , Florida, Palm Beach, Havana, Cuba, Celestún, Mexico, Port Richey , Florida, Tampa Bay, Treasure Island , Florida, Pete Beach , Florida, Treasure, Fort Myers Beach, Progreso, New Port, Kissimmee , Florida, Melissa Seixas , Florida, Pinellas County, Georgia , Tennessee, Carolinas
Wholesale prices were flat in September, below expectations
  + stars: | 2024-10-11 | by ( Jeff Cox | ) www.cnbc.com   time to read: +2 min
A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department reported Friday. The producer price index, which measures what producers get for their goods and services, was flat for the month and up 1.8% from a year ago. Within the PPI, a 0.2% decline in final demand goods prices offset a 0.2% increase in services. A 3% jump in deposit services costs pushed the services index higher, while professional and commercial equipment wholesaling prices tumbled 6.3%. Similarly, the index for gasoline fell 5.6%, holding back gains on the goods index.
Persons: Dow Jones Organizations: Labor Department, PPI, Fed
“How do you feel about Kamala Harris?” Johnson asks when a woman answers the door and steps out onto the porch. … She’s making a good image for herself and for the Democrats.”A year ago, Lang was blunt about Biden’s struggles in Milwaukee’s Black neighborhoods. “If I were a gambling man, I would probably put my money on Harris,” Jones told us in an interview at Confectionately Yours, a new Black-owned coffee shop and bakery on Milwaukee’s Martin Luther King Jr. Drive. Milwaukee-based entrepreneur Eric Jones describes the change in "energy" and voter enthusiasm since Vice President Kamala Harris became the Democratic presidential nominee. Harris’ work as San Francisco district attorney and California attorney general might help woo suburban voters but, at a minimum, raises questions here.
Persons: Wisconsin CNN — Devonta Johnson, Kamala Harris, ” Johnson, , , Johnson, Harris, Joe Biden, , Angela Lang, Lang, ” Lang, Biden, Trump, Kamala, rollin ’, that’s, canvassers, , Brian McMutuary, Jacqueline Kalil, CNN Brian McMutuary, ” McMutuary, Russia’s Vladimir Putin, Xi Jinping, “ Nope, ” Eric Jones, ” Jones, Martin Luther King Jr, Eric Jones, , ’ ’ ’ Jones Organizations: Wisconsin CNN, Trump, Black, Democratic, BLOC, Communities, CNN, , Young, San, Democratic Party Locations: Milwaukee, Wisconsin, Milwaukee’s Black, Menomonee Falls, . Milwaukee, San Francisco, California,
Flood waters inundated a neighborhood after Hurricane Milton came ashore on October 10 in Punta Gorda, Florida. Andrew West/The News-Press/USA Today Network/Imagn Images A vehicle drives though a flooded street after Hurricane Milton in Siesta Key on Thursday. Rebecca Blackwell/AP The roof of Tropicana Field, destroyed by Hurricane Milton, is seen in St. Petersburg on Thursday. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday.
Persons: Hurricane Helene, Hurricane Milton, Ron DeSantis, Joe Raedle, Milton, Helene, ” Mark Friedlander, , , Hurricane Ian, Giorgio Viera, Rebecca Blackwell, Ricardo Arduengo, Liz Kelly, Matt, Andrew West, Chandan Khanna, Nadia Zomorodian, Julio Cortez, Austin, Sean Rayford, Marta Lavandier, Jefferee Woo, Cristobal Herrera, Bryan R, Smith, Chris Urso, Marco Bello, Brandon Marlow, Marie Cook, Bill Ingram, Reuters Stephen Lundgren, Doug Engle, Ron Rook, Paul Hennessy, Saul Martinez, Payton Wyse, Andrew Goncharsky, Christian Burke, Lee, Connor Ferran, Fort Myers, Nicolette Mariano, Kaila Jones, Damon Higgins, Ted Carlson, McKenzie, Evan Purcell, Purcell's, Anna Maria Island, Carlson, Yamil Lage, Matthew Dominick, NASA Aurelio Ortiz, Lorenzo Hernandez, Mike Carlson, Jose Luis Gonzalez, Reuters John Fedor, Chris O'Meara, David Jalving, Pete, Octavio Jones, Tristan Wheelock, Gerald, Martin Zetina, Gregg Newton, Floridians ’, Denise Rappmund, Rappmund, Bobby Atwood, Atwood, won’t, isn’t Organizations: New, New York CNN, Property Insurance Corp, Citizens, Dade, , Insurance Information Institute, CNN, DeSantis, Republican, CNBC, Hurricane, Getty, AP, USA, Daytona, Network, Reuters, Bradenton, Tropicana, Major League, Tampa Bay Rays, Celtic Ray Public, Tampa Bay Times, NOAA, Vanguard, School, Ocala, Orlando International Airport, Anadolu, Disney, Fort, Palm Beach Daily, Florida Army National Guard, Tampa General Hospital, NASA, International, Milton, Tampa International Airport, Bloomberg, AP Contractors, New Port Richey, AP Tropicana, Moody’s Investors Service Locations: New York, Florida, Miami, Monroe, Hurricane, Punta Gorda , Florida, Central Florida, Lakewood Park , Florida, Siesta Key, North Fort Myers , Florida, Siesta, Volusia, South Daytona , Florida, Bradenton Beach, St . Petersburg, Punta Gorda, Odessa , Florida, Venice , Florida, Matlacha , Florida, Palmetto Beach, Tampa, Bradenton , Florida, Venice, St . Petersburg , Florida, Clearwater, AFP, Sarasota , Florida, Segundo, Davis, Fort Myers , Florida, Wellington , Florida, Palm, Ocala , Florida, County, Wellington, Orlando, Gulfport , Florida, Lee County, Fort Myers, Sebastian , Florida, Palm Beach , Florida, Palm Beach, Havana, Cuba, Celestún, Mexico, Port Richey , Florida, Tampa Bay, Treasure Island , Florida, St, Pete Beach , Florida, Treasure, Fort Myers Beach, Progreso, New Port, Kissimmee , Florida, Milton
And, with earnings season set to ramp up, that could mean further gains. Already, on Friday, JPMorgan Chase and Wells Fargo were rallying in midday trading after reporting their latest results this week, an auspicious start to the earnings season. A strong earnings season Earnings results next week will be dominated by reports from the banking sector, giving investors further insight into the health of the capital markets as well as the consumer. Several regional banks are also set to announce how they did in the most recent quarter as well, such as PNC Financial Services Group and Citizens Financial Group. Even so, investors are optimistic about the outlook for corporate profits this earnings season, especially with expectations having come down.
Persons: what's, Oppenheimer, Wells Fargo, Charlie Ashley, Ashley, Goldman Sachs, Morgan Stanley, Ross Mayfield, Catalyst's Ashley, Baird's Mayfield, Mayfield, Charles Schwab, Huntington Bancshares Organizations: Dow Jones, Tech, Nvidia, JPMorgan Chase, Traders, Federal Reserve, Catalyst Funds, Nasdaq, Ashley . Bank of America, PNC Financial Services Group, Citizens Financial Group, Private Wealth Management, Treasury, Columbus, Columbus Day, Index, United Airlines, Hunt Transport Services, Citigroup, State, Goldman Sachs Group, Walgreens Boots Alliance, Johnson, Bank of America, PNC Financial Services, UnitedHealth, Price, PPG Industries, Steel Dynamics, Discover Financial Services, CSX, Abbott Laboratories, U.S . Bancorp, Financial Group, Philadelphia Fed, Retail, Manufacturing, Netflix, T Bank Corp, Elevance, Truist, Blackstone, Housing, Schlumberger, Procter, Gamble, Fifth Third Bancorp, Regions Financial, American Express Locations: Ashley, bullish, Prologis, NAHB
After the latest blast of consumer inflation data, traders are facing a conundrum around how they should interpret the monthly numbers. September's consumer price index report topped the Street's expectations, rising 0.1% from the month prior and increasing at a pace of 2.4% over the past 12 months. Still, the annual inflation rate was the lowest since February 2021. Relative to expectations, September's CPI number does not imply a reacceleration of inflation. Rather, the rate of consumer inflation continues to slow, albeit at a more modest pace than some had hoped for.
Persons: Dow Jones, Nonfarm payrolls, Austan Goolsbee, Ron Insana Organizations: of Labor Statistics, Bureau of Labor Statistics, BLS, Social Security, Dow Jones, Federal Reserve Bank of Chicago, CNBC Locations: U.S
A handful of stocks stood out as the biggest winners on Wall Street this week, and analysts think they have more room to run. Consensus price targets from analysts polled by LSEG imply 16% upside for shares moving forward. Super Micro Computer also made the list, with shares of the information technology stock up nearly 16% on the week. Analysts polled by LSEG forecast upside of nearly 62%, per their consensus price targets. Consensus forecasts from analysts polled by LSEG forecast about 19% upside moving forward.
Persons: Wells Fargo, Dow Jones, Stocks, LSEG, Andrew Didora Organizations: JPMorgan Chase, CNBC Pro, Bank of America, Computer, Nvidia, LSEG
JPMorgan and Wells Fargo reported strong earnings that eased fears of a consumer slowdown. September's producer price index was flat, calming inflation concerns amid rising yields. JPMorgan CEO Jamie Dimon praised his bank's performance in the earnings release but warned that geopolitical conditions are "treacherous and getting worse." AdvertisementApart from earnings results, retail sales data, set to be released on October 17, is the next big data release for investors to watch. Here's where US indexes stood at the 4:00 p.m. closing bell on Friday:AdvertisementHere's what else is going on:In commodities, bonds, and crypto:
Persons: Dow Jones, Wells, , Wells Fargo, Jamie Dimon, Dimon, David Russell Organizations: JPMorgan, Service, Dow Jones, PPI, Business, Bank of America
Hurricane Milton leaves a trail of destruction in Florida. Milton sweeps through Florida after a destructive landfallFlorida communities are waking up to destruction left by Hurricane Milton as the storm tore through the state — the second major hurricane to hit in two weeks. More Hurricane Milton coverage:Milton intensified at one of the fastest rates in recorded history. ➡️ An NBC News poll found Harris and Trump voters see their candidates representing “change” but in very different ways. The iconic Tropicana casino was imploded to make way for a proposed $1.5 billion stadium to house the Oakland Athletics ahead of the team’s planned move to Sin City in 2028.
Persons: Milton, Hurricane Milton, Sheriff Keith Pearson, ” Pearson, , Tom, Helene, Dan ”, Hurricane Helene, Dow Jones, pare, Nasir Ahman Tawhedi, Tawhedi, Biden, Harris, Donald Trump riled, Kamala Harris, Trump, Marxist ”, ” Trump, “ Somebody, , , ➡️ Trump, ➡️ Harris, Glock, Josh Shapiro, Elon Musk, Kari Lake, Ruben Gallego, Maya Huter, — Rich Bellis, you’re, Elizabeth Robinson Organizations: CIA, Las, Hurricane, Field, Tampa Bay Rays, West Palm Beach, Florida National Guard, Hurricane Milton, NBC, Federal, Wall Street, FBI, U.S ., ISIS, Republican, Trump, Harris Former, Marxist, Democratic Party’s, ➡️, Democratic Rep, Arizona Senate, Tropicana, Oakland Athletics, Sin City, Walmart Locations: Florida, An Afghan, Milton, Siesta, St . Petersburg, West Palm, Lucie County, U.S, Tampa, Hurricane, Afghanistan, Scranton , Pennsylvania, Harris, Scranton, Colorado , California , Illinois, New York, Pennsylvania, Arizona, Sin
Enter, the American Bar. But, like the patrons of the American Bar before us, seeking out home comforts when abroad is still something we all do. The study was based on interviews with 330 people in the US, all questioned on how likely they’d be to try local foods when traveling. We learn to associate food with comfort – hence the term ‘comfort food,’” Brewer says. The American Bar at the Savoy has been a London hotspot since the late 1800s.
Persons: Richard D’Oyly Carte, Ernest Hemingway, Marilyn Monroe, , , Andrea Di Chiara, couldn’t, Coke, Maggie Wong, Angel Gonzalez, ” Gonzalez, Judson Brewer, Brewer, Richard A, Brooks, ’ ” Brewer, Bridget Jones, Jungfraujoch, Kathrin Naegeli, Gonzalez, JACK HARDY, tellingly, Gerald Quadros, there’s, ” Brewer, we’re, ‘ I’d, Organizations: CNN, American Bar, American, Future Market, Yorkshire teabags, California State University, Monterey Bay, Brown University, Getty, Jungfrau Railways, Noodle, Savoy, Langham Hotel, Random Locations: United States, Savoy, London, Hong Kong, Paris, Monterey, AFP, Europe, Swiss, Zurich, Denbighshire, Italy
Ahead of the latest monthly inflation reading, consumers are still coming to terms with the sticker shock of everyday goods and services prices — and lingering uncertainty about the economy. The pace of consumer price growth was expected to have remained largely unchanged in September, according to Dow Jones estimates. Harris has narrowed the gap in some surveys about which presidential candidate would be better on economic issues, but Trump still leads on that metric. Analysts generally agree that’s a sign the economy remains on solid footing, at least according to the data. Today’s inflation numbers could cause Wall Street to pare back expectations of an interest-rate cut at the Federal Reserve’s next meeting in November.
Persons: Dow Jones, Donald Trump, Kamala Harris, Biden, Trump, Harris, , , Bill Dunkelberg Organizations: Democratic, University of Michigan Consumer Survey, Biden, AAA, Federal, National Federation of Independent Locations: November’s, pare
Davis Jones looks out the door of the hotel where he is riding out Hurricane Milton, in Tampa, Florida on October 9, 2024. Julio Cortez/APThough authorities and meteorologists had feared Tampa would bear the heaviest brunt of Hurricane Milton, it appears the city has avoided the kind of devastating 15-foot storm surge that had been forecast, said CNN Correspondent Brian Todd. “I’ve never really seen sheets and walls of water coming down from a hurricane,” he said, speaking from Tampa. Now, several hours after Milton first made landfall, the eye of the storm has moved east through central Florida. Earlier in the night, the storm pushed the water out of Tampa Bay, leaving it looking almost like “a dry riverbed,” he added.
Persons: Davis Jones, Hurricane Milton, Julio Cortez, Brian Todd, “ I’ve, , Milton, Todd Organizations: Hurricane, CNN Locations: Tampa , Florida, Tampa, Hurricane Milton, Florida, Tampa Bay
Carson Daly says his trick to parenting children is to treat them like they're adults. In an interview with People published on Wednesday, the "Today" co-host spoke about how he brings up difficult topics — like mental health — to his kids. Carson shares four kids with his wife, Siri Pinter: Jackson James, 15; Etta Jones, 11; London Rose, 9; and Goldie Patricia, 4. Carson says he also encourages his kids to not shy away from discussing their mental health with him. Advertisement"Their whole lives, they know two types, there's physical health and mental health," he said.
Persons: Carson Daly, I've, , Carson, Siri Pinter, Jackson James, Etta Jones, London Rose, Goldie Patricia, they've, Daly, Sanam Organizations: Service, CDC, Business
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. SINGAPORE — Asia-Pacific markets opened mostly higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as investors shook off geopolitical concerns. Japan's Nikkei 225 opened up 0.5%, while the broad-based Topix gained 0.4%. Traders in Asia will assess data from September on producer prices in Japan which rose 2.8% from a year ago. Hong Kong Hang Seng index futures were at 21,070, higher than the HSI's last close of 20,637.24.
Persons: Australia's, Korea's Kospi Organizations: Tokyo Stock Exchange, Japan Exchange Group Inc, Dow Jones, Nikkei, Traders, Reuters Locations: Tokyo, Japan, SINGAPORE — Asia, Pacific, Asia, Hong Kong, China, Shenzhen, Beijing
Indexes slipped Thursday as investors priced in a higher-than-expected inflation reading. The data raises the possibility of a "no landing" scenario for the US economy. AdvertisementStocks fell on Thursday from records reached in the previous session, as traders took in a sticky inflation reading for September. September consumer price index data released on Thursday showed inflation rose 2.4% year-over-year, slightly above consensus forecasts of a 2.3% rise. AdvertisementThe core CPI reading, which excludes more volatile food and energy costs, was up 3.3% year-over-year and just above forecasts of 3.2%.
Persons: , Stocks, Hurricane Milton, Jamie Dimon, Buffett Organizations: Traders, Service, Dow Jones, Nasdaq, Dow, CPI, Federal Reserve, Bank of America, Investors, Labor Department, Here's, Insurance Locations: Hurricane
Why investors shouldn’t sweat this inflation report
  + stars: | 2024-10-10 | by ( Fred Imbert | ) www.cnbc.com   time to read: +2 min
The latest inflation report came in slightly hotter than expected, knocking stock prices lower. But the odds of a quarter-point Fed rate cut in November actually rose after the report came out. "CPI Inflation data was slightly on the hotter side, with commodity prices (outside) energy rising more than expected. The good news is that shelter inflation is pulling back and that's going to pull inflation lower. Investors received fresh labor market data Thursday as well, with initial jobless claims jumping by 33,000 to 258,000.
Persons: Dow Jones, Sonu Varghese, Goldman Sachs, Whitney Watson, Ian Lyngen, Stephen Tusa Organizations: CPI, Reserve, Carson, Investors, BMO Capital Markets, JPMorgan, Honeywell
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 11, 2024 in New York City. Stock futures were little changed on Thursday evening, as investors looked ahead to a wholesale inflation reading and quarterly results from major banks. Futures tied to the S&P 500 inched higher by 0.08%, while Nasdaq 100 futures hovered just below the flatline. September's consumer price index rose 0.2% on a monthly basis and 2.4% from a year earlier. The S&P 500 is up 0.5% week to date, while the Dow is toting a 0.2% gain.
Persons: Dow Jones, Preston Caldwell, Wells Organizations: New York Stock Exchange, Stock, Futures, Nasdaq, Dow Jones, Dow, Federal Reserve, Morningstar, JPMorgan Chase Locations: New York City
Here are 12 smaller stocks to buy with up to 94% upside, according to Oppenheimer. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Although Oppenheimer still prefers large stocks over SMID-caps, the firm sees ample opportunities in that less-loved part of the market. AdvertisementThere are 25 stocks on Oppenheimer's latest SMID-cap list, including 12 new entries that weren't on the second- or third-quarter editions. Those new stocks are below — sorted in alphabetical order by growth theme — along with each one's ticker, market capitalization, sector, growth theme, price target, upside, and commentary.
Persons: Oppenheimer, , Russell Organizations: Service, Dow Jones Locations: uptrends
Total: 25