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☆ Jim Cramer says he would be a buyer of Disney if the stock goes to this key level
▼ + stars: | 2024-10-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Jim Cramer would be a buyer of Walt Disney if the stock were to trend lower. He said that buying on weakness makes sense because the slowdown in Disney's theme parks business, the profit engine at the company, will eventually abate. The challenge, at least in the short term, is dealing with the demand slowdown at Disney theme parks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Walt Disney, Piper Sandler, Jim, Disney, what's, Helene, Jim Cramer's Organizations: ESPN, KeyBanc, DIS, Disney, Hulu, Federal Reserve, Wednesday's, CNBC Locations: Florida, California, Milton

☆ Don't get blinded by the Fed rate cut trade and the signs of life in small cap stocks
▼ + stars: | 2024-10-17 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

With the Federal Reserve now cutting interest rates, investors are looking for stocks that can be super-charged by lower borrowing costs. Small and medium-sized companies tend to be the most closely affected by the direction of the economy and rates. Outflows were seen solely in large caps; small and mid-caps saw inflows." If money does keep flowing into small caps, will it come at the expense of large caps? .SPX mountain 2022-10-01 S & P 500 since Oct. 1, 2022 That said, if the move into the smaller caps stocks continues, we may start to see more competition for capital.

Persons: Russell, that's, it's, Stanley Black, Decker, Jim Cramer, Jensen Huang, Morgan Stanley's, We're, Canaccord Genuity, pare, Jim Cramer's, Jim, Michael Nagle Organizations: Federal Reserve, BMO Capital Markets, Bank of America, Nvidia, CNBC, Blackwell, Taiwan Semiconductor Manufacturing Company, Devices, Broadcom, Apple Intelligence, Apple, Microsoft, Presidential, Jim Cramer's Charitable, New York Stock Exchange, Bloomberg, Getty Locations: U.S

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

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

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

☆ I landed an easy job at Amazon after years of hard work. I felt deeply guilty until I realized it could be a strategic move.
▼ + stars: | 2024-10-17 | by ( Kristi Coulter | ) www.businessinsider.com time to read: +8 min

AdvertisementI'd landed an easy job at Amazon, which I hadn't known existedI hadn't planned to coast when I'd changed teams. Within a month, I realized I'd landed in something I hadn't known existed at Amazon: an easy job. I also realized I liked having an easy job. In my "easy" role, I developed those core strengths even further and pursued new skills as complements. I no longer assumed that hard work had to mean struggle or fear of inadequacy.

Persons: Kristi Coulter, —, I'd, who'd, strode, sunnier, Amazon, She'd, downshifting Organizations: Amazon, Service, VP Locations: Seattle

☆ The Greats: Florence Welch, Lorna Simpson, Jonathan Anderson and Theaster Gates
▼ + stars: | 2024-10-17 | by ( The New York Times | Lauren Groff | ) www.nytimes.com time to read: +37 min

The musician Florence Welch, photographed in London on July 5, 2024. For nearly two decades, Florence Welch’s songs have offered a mythic view not only of pop music but of the glories and rages of being a female artist today. When I rang the Camberwell, South London, doorbell of Florence Welch, I held a tribute: “The Penguin Book of Spiritual Verse” (2022), edited by Kaveh Akbar. Exacerbating the mixed craving for and fear of having a baby and what it would mean for her art, Welch feels the intense pressure of aging as a female performer. Art begins in the body; art is limited by the limitations of the body; at some point, art exceeds the body and can live beyond the scope of flesh.

Persons: Florence Welch, Valentino, Luis Alberto Rodriguez, Vanessa Reid FLORENCE, Florence Welch’s, Inanna, Enheduanna, Jane Hirshfield PROPHETESS, “, Kaveh Akbar, I’ve, Welch, they’re, enormity, Madame Blavatsky, ”, Fleetwood, Taylor Swift, William Morris, Evelyn Welch’s, Vanessa Reid, Welch wouldn’t, who’ve, Nick Cave, Patti Smith, Stevie Nicks, Tom Waits, Jeff Buckley, Sam Cooke, Otis Redding, ” Welch, Ganavya Doraiswamy, who’s, Welch’s —, Doraiswamy, Uyir, Federico García Lorca’s, it’s, Shakespeare, Mozart, Toni Morrison, Lorca, It’s, Jack Antonoff, she’s, Chanel, Nick Welch, Sebastians, she’d, dryly, Bugsy Malone ”, Grace, squats . Welch, Isabella Summers, hasn’t, didn’t, Fiona Apple, Kate Bush, Regina Spektor, Annie Lennox, Joanna Newsom, Sinead O’Connor, thrall, ’ She’s, Gustav Klimt, who’d, Jimi Hendrix, Janis Joplin, Jim Morrison, Kurt Cobain, She’d, Dave Grohl, Scott Fitzgerald’s, Thomas Bartlett, Nico Muhly, Yoko Ono, Sufjan Stevens, Nick Carraway’s, Jay Gatsby, —, hadn’t, spiraled, Louis Vuitton, John, John Singer Sargent, Sargent, Miss Elsie Palmer ”, I’d, “ I’ve, Britney Spears, Dolly Parton, ” I’d, de Wilde, ” de Wilde, Julia Margaret Cameron, Leonora Carrington, Remedios Varo, Loie Fuller, Ellen Terry, Lady MacBeth ”, ’ ” Welch, they’d, King ”, King, Elvis Presley, revel, Ovid, Apollo, preternaturally, Anthony Turner, Thom Walker, Afra Zamara, Jack Symes, Sam Hearn, Daiki Tajima, Federico Covarelli, Emily Rose Lansley, John Allan, Samanta Falcone, Ollie Kariel, Pip Long, Karen Avenell, Andreea Georgiana Rădoi, Sam Wright Organizations: Machine, YouTube, Enheduanna, University of Bristol, Smiths, Big, Camberwell College of Arts, Foo Fighters, American, Theater, Antonoff, Tate, John Singer, Jolly, Art, Digital Locations: London, FLORENCE, Camberwell, South London, Florence, Florida, ”, Camberwell —, British, Tamil, Spanish, Strasbourg, dyscalculia, Toronto, squats ., Cambridge, New York City, Tate Britain, American, “

☆ These high-quality growth stocks are must-owns for investors, Trivariate Research says
▼ + stars: | 2024-10-17 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Mounting geopolitical tensions and a tight presidential election may intensify market volatility in coming weeks, but high-quality growth stocks may prove a useful way for investors to hedge against any future uncertainty, according to Trivariate Research. October is a historically volatile month for stocks , and this week alone has seen the market seesaw. "It now seems the market has come full circle," Trivariate Research founder and CEO Adam Parker wrote in a recent research note to clients. "It is much easier to buy and hold growth stocks, and it requires less arrogance in predicting the unknown than it used to. Wholesale retailer Costco and hotel giant Hilton are two other growth names that Parker listed.

Persons: Adam Parker, Parker, Morgan Stanley, Eli Lilly, Lilly Organizations: Research, Dow Jones, Dow, Adobe, Wholesale, Costco, Hilton Locations: U.K, Wednesday's

☆ I've been a luxury wedding photographer for a decade. I learned 2 big lessons about timing from my own wedding.
▼ + stars: | 2024-10-17 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +5 min

Lydia Koh is a fine art wedding photographer and founder of a Singapore-based photography company. Koh said a timekeeper can help couples with a less stressful experience — a lesson from her own wedding. I started wedding photography in 2013 when I attended a gorgeous wedding on a ranch in Southern California with a sunset reception. AdvertisementAs much as I've learned from photographing weddings over the past decade, the biggest lesson came from my wedding. AdvertisementEveryone will want photos with the couple on the wedding day, and it can be overwhelming to manage everything alone.

Persons: Lydia Koh, Koh, —, I've, They're, It's Organizations: Service Locations: Singapore, Southern California

☆ The manufacturer of Nvidia, AMD chips soothes concerns that rocked the industry Tuesday
▼ + stars: | 2024-10-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

To be sure, a Bloomberg report earlier Tuesday that the U.S. government was considering a cap on AI chip exports to certain Persian Gulf nations may also have dampened industry sentiment. Investors are sensitive to any updates on AI chip demand, given the dramatic rise in the stocks of Nvidia, AMD, Broadcom and others over the past two years. Bottom line Artificial intelligence is alive and well, according to TSMC, which has emerged as the most valuable window into AI demand other than Nvidia itself. With Big Tech earnings in the coming weeks, it's particularly nice to see the AI chip trade stabilize after the ASML debacle. Jim said Thursday that AMD, which has way underperformed Nvidia, Broadcom and the broader market, is "still a bargain."

Persons: Wei, It's, Jensen Huang, TSMC, Jim, we're, Jim Cramer's, Jim Cramer Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, Devices, Broadcom, CNBC, Nvidia's, iShares Semiconductor, AMD, Bloomberg, Big Tech, Apple, Club, Getty Locations: U.S, Hsinchu, Taiwan

WASHINGTON — The Supreme Court on Wednesday allowed the Biden administration at least in the short term to enforce its latest attempt to curb climate-harming carbon emissions from coal- and gas-fired power plants that contribute to climate change. The Supreme Court is often skeptical of major agency actions but it has bucked that reputation in recent weeks. Under the proposed rule, the EPA wants to require “carbon capture,” a technique that uses solvents to remove carbon dioxide from a power plant’s emissions. The appeals court in July declined to block the regulation, saying the major questions doctrine did not apply on this occasion. In court papers, the challengers sought to portray the new regulation as being essentially the same as the one the Supreme Court struck down.

Persons: WASHINGTON —, Biden, Clarence Thomas, Samuel Alito, Brett Kavanaugh, Neil Gorsuch, Patrick Morrisey, Vicki Patton, Donald Trump, ” Morrisey, Elizabeth Prelogar, Prelogar Organizations: Republican, Environmental Protection Agency, U.S ., Appeals, District of Columbia Circuit, West Virginia, Environmental Defense Fund, Democratic, EPA Locations: West Virginia, U.S, EPA’s bailiwick, ”

Models Valentina Sampaio and Alex Consani strutted down the runway at the Victoria’s Secret Fashion Show in New York City on Tuesday, becoming the first transgender women to walk in the iconic fashion show. “Inclusivity is crucial to the world we’re building, and I’m honored to walk with pride, love, and the hope of inspiring the next generation.”Valentina Sampaio on the runway at the Victoria's Secret Fashion Show on Tuesday in New York. Masato Onoda / WWD via Getty ImagesThis is Sampaio’s second time making history with Victoria’s Secret. Alex Consani walks the runway during Victoria's Secret Fashion Show in New York on Tuesday. This year’s show, which was streamed on Amazon Live and Amazon Video, also featured some of the best-known “angels” in Victoria’s Secret history, including Gigi and Bella Hadid, Adriana Lima and Tyra Banks, as well as a performance by Cher.

Persons: Valentina Sampaio, Alex Consani strutted, Sampaio, hairdo —, “ Inclusivity, ” Valentina Sampaio, Masato Onoda, “, I’m, ” Consani, TODAY.com, Chloe, Roberto Cavalli —, Charlie XCX’s, ”, Alex Consani, Angela Weiss, Ed Razek, Victoria’s, Gigi, Bella Hadid, Adriana Lima, Tyra Banks, Cher Organizations: Sports, Burberry, Getty, Sampaio, Brands, Amazon Locations: New York City, New York, California

In the most recent NBC News poll, 54% of respondents say they disapprove of the job Biden is doing. In fact, Biden is now more personally unpopular than either Harris or Trump. Between now and Election Day, I do expect Harris to find more ways to differentiate herself from Biden. If that’s a Biden “hangover” that ends up hurting Trump more than Biden, it means team Harris effectively weaponized his age. In this most recent poll, Trump was losing the core Democratic states by only 13 points.

Persons: Biden, Joe Biden’s, Donald Trump, Kamala Harris, —, couldn’t, Biden isn’t, it’s, Let’s, Harris, haven’t, “, ”, John Kerry, Kerry, George W, Trump, George H.W, George H.W . Bush, Richard Nixon, Hubert Humphrey, Al Gore, Gore, Humphrey, Nixon, that’s, Nate Cohn Organizations: White House, Biden, NBC, GOP, Democratic, Trump, The New York Times, Electoral College, Electoral Locations: Iraq, George H.W .

But Clark and others in Asheville’s music scene — which has a spunky, up-and-coming reputation — foresee a long recovery ahead. A key question now is how to rebuild lives and livelihoods in Asheville as attention on the region wanes. Debris covers the River Arts District in Asheville, an area popular among artists and musicians. Tim Gormley, who co-owns Burial Beer Co., decided to scrap Burnpile, a music and beer festival that he called his company’s annual “Super Bowl” event. Burial Beer Co.'s Burnpile festival typically draws crowds every fall, but this year's was canceled after Hurricane Helene.

Persons: Kenny Clark, “, ”, Clark, Hurricane Helene, Miranda, Liz Tallent, Grant Halverson, won’t, Tallent, Orange Peel, Katie Cornell, ArtsAVL, “ We’re, Mario Tama, Cornell, Tim Gormley, “ It’s, Gormley, Helene, Anthony Thomas, —, Thomas Organizations: Asheville, Orange, Arts, Cornell, Getty Locations: Nashville , Tennessee, North Carolina, Hurricane, Nashville, Asheville . The, Peel, Asheville, N.C, Tennessee, Charlotte, Raleigh, YMI, American

The “angels” of Victoria’s Secret descended on the runway Tuesday at the lingerie brand’s Fashion Show, marking the return of the once-famed event, which had gone on yearslong hiatus following controversy. Wearing variations of the brand’s signature wings, the models walked down the aisle to live performances by Cher, Tyla and Lisa. Cher headlines all-women lineup of performersCher performs at the Victoria's Secret Fashion Show. And Lima, one of the best-known Angels in Victoria’s Secret history, returned to the runway at 43 after having retired at the company’s last fashion show in 2018. Longtime model Carla Bruni, also a singer and the former first lady of France, walked her first VS Fashion Show this year at 56.

Persons: Tyra Banks, Kate Moss, Hadid, Adriana Lima, Cher, Tyla, Lisa, Janie Schaffer, “, Angela Weiss, ”, ” Tyla, —, Gigi Hadid, Gigi, Taylor Swift, Swift, Gigi’s, Bella Hadid, Jasmine Tookes, Behati Prinsloo, Barbara Palvin, Taylor Hill, Candice Swanepoel, Ashley Graham, ” Graham, Claudia Schiffer, Schiffer, Carla Bruni, Banks, Strutting Organizations: Amazon Prime, ”, Getty, Angels Locations: South African, Lima, France

☆ Mexico ends seven-match winless run against the USA and hands Mauricio Pochettino his first defeat as head coach
▼ + stars: | 2024-10-16 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Mexico ended a seven-match winless run against bitter rival the United States, winning 2-0 in front of a raucous home crowd at Akron Stadium in Guadalajara. The defeat is Mauricio Pochettino’s first as US men’s national team head coach in only his second game in charge, but the former Paris Saint-Germain and Tottenham manager was missing a number of key players. We can only improve and learn from this experience.”Pochettino, who last month replaced Gregg Berhalter as US head coach, began his tenure with a 2-0 victory over Panama on Saturday. Pochettino suffered defeat in only his second game in charge of the US. Eduardo Verdugo/AP“I think that the team was aware of the bad performance in Puebla, they wanted to prove themselves that they were capable of playing better,” Mexico head coach Javier Aguirre said, per AP.

Persons: Striker Raúl Jiménez, César Huerta, Mauricio Pochettino’s, Germain, Christian Pulisic, Weston McKennie, Ricardo Pepi, Tim Weah, Pochettino, ” Pochettino, Gregg Berhalter, Eduardo Verdugo, Javier Aguirre, Andrés Guardado Organizations: CNN, Akron, Paris Saint, Tottenham, Argentine, Reuters, “, Panama, CONCACAF Nations League, Valencia, Spain’s La Liga, ‘ Locations: Mexico, United States, Guadalajara, Paris, Spain’s La, Puebla, ‘ El Tri

Amazon also announced a Kindle Scribe redesign, plus new generation models of the Kindle Paperwhite and base Kindle. Amazon Kindle Colorsoft Signature Edition The Kindle Colorsoft is Amazon's first color e-reader. Check price at AmazonAmazon Kindle Paperwhite (2024) Amazon's latest Kindle Paperwhite offers even faster performance than its predecessors in the same thin, waterproof form readers love. AdvertisementKindle Paperwhite (12th Generation)The new Kindle Paperwhite offers higher contrast than ever. AmazonAmazon’s fastest and most popular Kindle is about to get even faster with the 2024 Kindle Paperwhite.

Persons: It's, Scribe, It’s Organizations: Business, Kindle, Amazon hasn’t, Scribe Locations: Kindles

☆ Lucid shares tumble following public offering of nearly 262.5 million shares
▼ + stars: | 2024-10-16 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million shares of its common stock. Following the transaction, Ayar is expected to maintain its approximate 58.8% ownership of Lucid's outstanding common stock, Lucid said in a release. Lucid said the transaction is subject to "certain conditions, at the same price per share initially to be paid by the underwriter for the public offering." BofA Securities is acting as the sole underwriter for the public offering. The EV maker intends to grant the firm a 30-day option to purchase up to nearly 39.37 million additional shares of Lucid's common stock as well.

Persons: Lucid, PIF Organizations: Saudi, Public Investment Fund, Investment Co, BofA Securities Locations: San Francisco , California, BofA

☆ Retail spending report could show consumers still pouring money into the economy
▼ + stars: | 2024-10-16 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Consumer spending was expected to hold strong in September, possibly even more than forecast and enough to throw another wrinkle into the Federal Reserve's thought process. "If retail sales accelerate considerably, in our view, the narrative may shift further toward 'no landing' or even re-acceleration." "Monthly retail sales data can be volatile. For now, Bhave thinks a strong sales report will "probably not … at least, not yet" hit Fed policy. At the same time the retail report drops, the Labor Department will issue its weekly reading on initial unemployment claims.

Persons: Dow Jones, Aditya Bhave, Bhave, Hurricanes Helene, Milton Organizations: Bank of America, Fed, Labor Department, Hurricanes, Boeing Locations: Michigan

☆ This senior living stock is a buy with more than 30% upside, Jefferies says
▼ + stars: | 2024-10-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

The senior housing industry is approaching its "golden age" and Bookdale Senior Living should benefit, according to Jefferies. Analyst Brian Tanquilut initiated coverage of Brookdale Senior Living with a buy rating, saying that the sector should benefit from better occupancy as baby boomers "age into the sweet spot." "The combination of positive demographic trends, improved operations, and financial engineering ... should all translate to improved earnings performance that's not yet baked into the stock," he wrote. A slowdown in new construction due to Covid-19 delays and higher costs should also benefit shares. Of those, two have buy ratings, and the others assigned it an underperform rating, LSEG data shows.

Persons: Brian Tanquilut, Tanquilut, Brookdale Organizations: Jefferies

☆ Cramer's Lightning Round: Sweetgreen is 'terrific'
▼ + stars: | 2024-10-16 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Oracle's year-to-date stock performance. Stock Chart Icon Stock chart icon AbbVie's year-to-date stock performance. Stock Chart Icon Stock chart icon Core Scientific's year-to-date stock performance. Stock Chart Icon Stock chart icon Clover Health's year-to-date stock performance. Stock Chart Icon Stock chart icon Sweetgreen's year-to-date stock performance.

Persons: Clover, Jim Cramer's Organizations: Abbott Labs, Clover Health, Logistics, GXO Logistics

However, if you want the convenience of a cordless vacuum with suction that rivals the best vacuum cleaners, the LG CordZero All-in-One Auto-Empty Cordless Vacuum is a worthwhile splurge. LG CordZero All in One Cordless Stick Vacuum The LG CordZero All-in-One is a powerful cleaning tool that comes with a variety of handy attachments, including a self-emptying base and mopping attachment. Weighing about seven pounds, it's not the lightest model I've ever used, but this cordless vacuum is one of the most well-balanced. Camryn Rabideau/Business InsiderI tested the LG CordZero All-in-One Vacuum at my home for more than two months, and it had its work cut out for it. If you like the idea of a cordless vacuum that can also mop, another option is the Dyson V15s Submarine.

Persons: it's, Camryn, Dyson, that's, Jaclyn Turner, Read, LG CordZero Organizations: Business, LG, Amazon, Shark

☆ Billionaire Tom Gores to buy 27% of the LA Chargers for $750 million
▼ + stars: | 2024-10-16 | by ( Michael Ozanian | ) www.cnbc.com time to read: +3 min

Detroit Pistons team owner Tom Gores claps during the press conference on July 30, 2021 at the Pistons Performance Center in Detroit, Michigan. Gores also owns the the National Basketball Association's Detroit Pistons. The private equity founder along with this firm, Platinum Equity, bought the team for $325 million in 2011. The purchase of the Chargers stake is solely by Gores and not affiliated with Platinum Equity. Likewise, the Chargers play in SoFi Stadium, which is also the home of the Los Angeles Rams.

Persons: Tom Gores claps, Tom Gores, Gores, Dea Spanos Berberian, Dean, Alexis, Michael Spanos, Holly, Dean Spanos, Alex G, Berberian, Stan Kroenke Organizations: Detroit Pistons, Pistons, National Football, Los Angeles Chargers, Chargers, Las Vegas Raiders, NFL, National Basketball Association's Detroit Pistons, Platinum Equity, Little Caesars Arena, National Hockey, Detroit Red Wings, Red Wings, NHL, Los Angeles Rams, Rams Locations: Detroit , Michigan, Los Angeles, Oakland , California, SoFi

☆ It looks like the glory days of luxury are over for LVMH, at least for now
▼ + stars: | 2024-10-16 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

LVMH reported a 3% decline in sales in its most recent quarter. The drop is driven by decreased demand from Chinese consumers, affecting luxury sales. AdvertisementFrench luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-on-year decline in sales in its most recent quarter. On Wednesday, LVMH shares fell by nearly 7% in early trading, driven by waning demand from Chinese consumers, who were once key spenders of European luxury goods. Some Chinese luxury consumers have been flocking to Japan to take advantage of lower prices caused by the country's currency downturn.

Persons: LVMH, —, Louis Vuitton, Christian Dior —, lockdowns, Jean, Jacques Guiony Organizations: Service, Louis, National Development, Reform Commission Locations: Beijing, China, Covid, Asia, Japan, United States, Europe

☆ Savings, CD and Checking Account Interest Rates Today: Earn up to 5.30% APY
▼ + stars: | 2024-10-16 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

Featured High Interest Checking Account Offers Compare checking accounts that offer high APYs, rewards on debit card purchases, or both. UFB Direct Freedom Checking with Portfolio Savings: Earn 2.00% APY on your checking account. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

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

☆ Boeing's European rival Airbus is axing up to 2,500 jobs at its space and defense unit
▼ + stars: | 2024-10-16 | by ( Will Martin | ) www.businessinsider.com time to read: +2 min

Airbus is cutting up to 2,500 jobs in its space and defense unit. The Airbus cuts come just days after rival Boeing announced it would lay off 17,000 staff. AdvertisementAirbus, the European aviation giant, is axing up to 2,500 jobs in its space and defense unit. The expected cuts come just months after Airbus said in its second-quarter earnings report that the space division was affecting its financial performance. The Airbus job cuts come just days after its arch aviation rival, Boeing, said it would ax about 17,000 roles.

Persons: — Organizations: Airbus, Boeing, Service, Max Locations: Seattle

☆ Embattled Abbott Labs comes through with a strong quarter, buyback announcement
▼ + stars: | 2024-10-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Organic sales, which exclude Covid testing, were up 8.2% from the year-ago period. Bottom line In its third quarter, Abbott Labs demonstrated why we wanted to stick with the stock in the face of legal battles that emerged earlier this year and spooked investors. "There's just a lot to like with the Abbott quarter." As Abbott's organic sales growth continues to shine, the market will realize both concerns are overblown. The company reiterated its full-year organic sales growth outlook of 9.5% to 10%.

Persons: ABT, Abbott, Jim Cramer, Dexcom, Robert Ford, Ford, Lingo, —, it's, Edwards, Jim Cramer's, Jim, Ethan Miller Organizations: Abbott Laboratories, Revenue, Abbott Labs, NEC, Abbott, Ford, and Drug Administration, Centers for Disease Control, National Institutes of Health, CNBC, Las Vegas Convention, Getty Locations: U.S, Missouri, Las Vegas , Nevada

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