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Interest in emerging markets has been growing and investors are now looking out for sectors and stocks best placed to benefit. "Emerging markets are too important to ignore," says Malcolm Dorson, a senior portfolio manager at the U.S.-headquartered Mirae Asset, which has around $600 billion in assets under management. "Emerging markets have a multi-decade story with significant opportunities. More than 4 billion people live across emerging markets, Dorson noted, adding that each country will have "significant domestic consumption stories [and] long-term opportunities." One of the simplest routes to investing in emerging markets is through exchange-traded funds.
Persons: Malcolm Dorson, Dorson, Javier, Milei Organizations: CNBC Pro, India Active, Global, India, Companies, Infosys, Reliance Industries, Tata Consultancy, U.S . Federal, Brazil Active, Brazil IMI, Argentina IMI, Fitch, IMI Locations: U.S, India, Brazil, Brazilian, FactSet, Argentina, American, Greece, Europe
Lamb Weston was the worst-performing stock in the S & P 500 on Wednesday on the back of disappointing quarterly results. The Idaho-based supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants said fully diluted earnings per share fell more than 70% from the year-earlier period. Consequently, the stock price fell over 28% on Wednesday. At ~ 1.2x price to sales, Lamb Weston is the cheapest it has been in the past ten years. Some of that increase is justifiable; the company demonstrated considerably higher operating volatility than they or investors expected, and the debt-to-equity increase as a function of the stock price decline is also a contributor.
Persons: Lamb Weston, they're, Berkshire Hathaway, Charlie Munger Organizations: Berkshire, CNBC, NBC UNIVERSAL Locations: Idaho
Las Vegas Review-journal | Tribune News Service | Getty ImagesOn your next visit to Vegas, an extra set of eyes will be watching you if you decide to hop onto the local transit system. Violent crime on transit systems, specifically, remains an issue in major metro areas, with a report released in late 2023 by the Department of Transportation detailing concerns from transit agency officials around the U.S. about rising violence on their transit systems. Atteberry stressed that the ZeroEyes system is not designed to detect lawful, legal firearms that might be in a holster or packed in a purse. "AI technology comes from the data; if we do not capture the data, there is no successful AI," Dei said. ZeroEyesThe Las Vegas transit system is not the only in the nation to use ZeroEyes, but is the first to plan full deployment.
Persons: Tom Atteberry, Brian Miller, Miller, Stephen Paddock, Sam Alaimo, Alaimo, ZeroEyes, Wei Dai, Dei, Paul Gratton Jr, Gratton, Michael Hasse, Hasse, there's, Atteberry Organizations: Regional Transportation, Maryland Parkway, Las Vegas, Tribune, Service, Regional Transportation Commission, Department of Transportation, Bureau of Transportation Statistics, Purdue University Northwest, Zero, Purdue Northwest's Department of Computer Science, Seattle, Purdue Northwest, SEPTA, NYPD, TSA, Systems Locations: Las Vegas, Vegas, Southern Nevada, Hammond , Indiana, Nevada, Lafayette , Louisiana, Clark County , Nevada
Harris is 59 and was born October 20, 1964 — putting her just weeks outside the Gen X range which is generally thought to span 1965 to the early 1980s. His successor has not been confirmed, but one name being floated is his Gen X lieutenant Stephanie Pope. Could the House of Mouse soon have its first Gen X leader? The picture is not completely clear on how Gen X bosses differ from their predecessors on issues such as remote work and the role of AI in the workplace. AdvertisementIt won't be long, though, until Gen X has a majority grip over power.
Persons: , Gen, Joe Biden's, Kamala Harris, Harris, Xer —, XCX, Joe Biden, Justin Sullivan, boomer Barack Obama, Donald Trump, Sen, JD Vance, Bush, Clinton, Biden, Obama, John McCain, Mitt Romney, HSBC's, Noel Quinn, Georges Elhedery, Xer, David Calhoun, Stephanie Pope, Dave Calhoun, Aaron Schwartz, Gen X, Ron Vachris, Craig Jelinek, Macy's, Tony Spring, Xers, Jamie Dimon, David Solomon, Goldman Sachs, Bob Iger, boomer Bob Chapek, Iger, Brendan McDermid, Tim Cook, Steve Jobs, Jensen Huang, Dimon, Jenn Piepszak, Troy Rohrbaugh, X'ers, JPMorgan Chase, Alex Brandon, Mouse, We'll Organizations: Service, Democratic Party, Business, Democratic, Trump, Boeing, Gen, Gen X Costco, Microsoft, Google, Walmart, Tesla, ExxonMobil, JPMorgan, Blackstone, septuagenarians, Disney, Apple Locations: BlackRock, Silicon Valley, America
It is unlikely that any team has ever arrived at an Olympics the way the men’s soccer team of Israel rolled up to the Parc de Princes on Wednesday night. Police vans led the way, dozens of them filled with squads of French riot police and surrounded by a phalanx of officers on motorcycles. Then came more vans, more police outriders, more sirens — a stunning show of force with one task: to protect the first Israeli participants to take the field of play in the Paris Games. The security of Israel’s team at the Olympics — any Olympics — has been a critical issue since the killing of 11 athletes and coaches at the Munich Games in 1972. The ongoing war in Gaza and the global protests that have accompanied it have made the Paris Games perhaps the most fraught sporting event featuring Israeli athletes in the half-century since then.
Persons: Organizations: Princes, Police, Games, Paris Games, Olympics, Munich Games Locations: Israel, Gaza
London CNN —Ryanair said Monday that it expects airfares during the busy summer travel season to be “materially lower” than last year as the low-cost carrier reported a plunge in profits. Europe’s biggest airline by passenger numbers, comparable in size to Delta Air Lines in the United States, said its average fare fell nearly 15% in the April-to-June quarter from the same period in 2023, to €41.93 ($45.65) from €49.07 ($53.42). Ryanair (RYAAY) attributed that dip in the first quarter of its financial year, in part, to the timing of the Easter break this year, some of which fell over March. The airline previously thought fares would be “flat to modestly up,” he added. Ryanair reported a 46% fall in profits in the first quarter of the year, to €360 million ($392 million), despite a 10% rise in the number of passengers.
Persons: , Michael O’Leary, Neil Sorahan Organizations: London CNN, Ryanair, Europe’s, Delta Air Lines, , British Airways, Boeing, Alaska Airlines, Delta Locations: United States
Wall Street analysts are bullish on updates about the firm's Robotaxi and FSD technology. Tesla's energy business could also be key to its long-term growth, strategists said. Investors now are eagerly waiting on key updates from the company, with all eyes on Tesla's Robotaxi Day in early October. The firm said it would continue to look out for updates on Tesla's Robotaxi and its more-affordable vehicle, which is expected to be released in the coming years. The firm maintained its three-star rating on Tesla stock and assigned a fair value of $200 per share, implying 20% downside.
Persons: , eyeing, Elon, Tesla, Musk, hasn't, Tesla's, Garrett Nelson, Nelson, Morgan Stanley, Oppenheimer, TSLA, Morningstar, Seth Goldstein, Goldstein Organizations: Wall Street, Service, EVs, Street, Wedbush Securities, Tesla Energy, Morningstar Locations: China
It also exposes the fragility of those systems and raises the question: Does Big Tech deserve our trust to properly safeguard a technology as powerful as AI? He said Big Tech companies evaluate systems based on if they work "pretty well most of the time," because there's a rush to get products to market. He said big tech companies should have alternative vendors and a multi-layered defense strategy. Big Tech companies, including Facebook, Amazon, and Google, saw the sharpest drop in trust, with an average decline in confidence ratings of 13% to 18%, according to Brookings. Big Tech companies have had "free rein," Patnaik said.
Persons: , CrowdStrike, Gary Marcus, Marcus, John Schulman, Dan O'Dowd, there's, Javad Abed, Johns Hopkins, Abed, Sanjay Patnaik, Patnaik Organizations: Service, Big Tech, Tech, Business, Microsoft, Geometric Intelligence, Uber, Tesla's, BI, Companies, Google, Adobe, US Department of State, Johns, Carey Business School, Brookings Institution, Facebook Locations: Brookings
And there was great, great sorrow. They’re going to be OK. They’re going to be doing very well. Now he’s going to get on the plane in a little while and he’s going to go back home to his wife. Great, great student at Yale. So many — just so many heroes, so many great, great people.
Persons: Dana, Bob, , Lee, you’ll, it’s, didn’t, Nobody, , I’m, Corey Comperatore, David Dutch, James Copenhaver, We’re, Corey, Helen ., David, James, Dan Newlin, Dan, Trump, , Aileen Cannon, I’ve, Don, Kimberly, Ivanka, Jared, Eric, Lara, Tiffany, Michael, Barron, he’s, “ Dana won’t, That’s Lee Greenwood, … Eric, Crazy Nancy Pelosi, They’ve, Jason, Jason Aldean, Vance, Usha, He’s, He’ll, MAGA, ” MAGA, I’ll, you’re, nobody’s, We’ve, Somebody’s, they’re, It’s, can’t, We’ll, don’t, “ I’m, we’ll, Biden, They’re, that’s, you’ve, I’d, gee, You’d, That’s what’s, Donald Trump, That’s, There’s, Tom Homan, Brandon Judd, They’ll, Obama, They’d, “ You’ve, we’re, we’ve, Hannibal Lecter, Dwight D, Eisenhower, Jocelyn Nungaray, Rachel Morin, Rachel, Laken Riley, horrifically, Viktor Orban, what’s, Bush, it’ll, Kim Jung Un, Sam Brown, Sam, You’ve, Abdul, Don’t, You’re, Ronald Reagan, America’s, Franklin Graham, Franklin, Billy Graham, he’d, soldiered Organizations: of Pennsylvania, Secret Service, Service, Democrat, Republican Party, Republican, Democrats, America, Yale, ISIS, Space Force, Energy, Apple, Trump, Republican Senate, White, Republicans, United Auto Workers, Social Security, Border Patrol, ICE, , Lambs, University of Georgia, , U.S, Senate, Washington, D.C, Yankee, Win Locations: America, United States, Butler Township, of, Pennsylvania, Florida, Ohio, Milwaukee, Wisconsin, Asia, Europe, Taiwan, Korea, Philippines, China, Russia, Ukraine, Israel, Iran, Germany, Mexico, Nevada, United States of America, There’s, South America, Africa, Middle East, Venezuela, Caracas, El Salvador, Houston, Los Angeles, Maryland, Hungary, “ Russia, Georgia, Crimea, Syria, Iraq, North Korea, Afghanistan, Bagram, Cuba, Miami, U.S.A, Wisconsin , Wisconsin, Washington, Japan, Delaware, Valley Forge, Yorktown, Gettysburg, Midway
UNH 1M mountain UnitedHealth stock over the past month. Think Centene , Molina Healthcare , UnitedHealth and Humana , among others. Managed-care companies historically buck the broader trend of health stocks and outperform in the first year after an election, according to Raymond James. Unlike UnitedHealth, shares have fallen — down 3% — since the June debate. Raymond James sees Oscar Health , HCA Healthcare and Tenet Healthcare as beneficiaries of a victory by the left.
Persons: Raymond James, Chris Meekins, Donald Trump, Joe Biden, quieted, Biden, Meekins, Centene, Trump, Bernstein, Jefferies, David Windley, UnitedHealth, Ben Hendrix, Optum, John Ransom, Piper Sandler, Ransom, Lance Wilkes, Oscar, — Ransom, Oscar's Organizations: Affordable, Trump, UnitedHealth, Republican, Biden, GOP, Federal Trade Commission, Department of Justice, ACA, Medicare, Molina Healthcare, RBC Capital Markets, CVS Health, RBC Capital, DOJ, Humana, Healthcare, GoodRx Holdings, Democratic, Oscar Health, Tenet Healthcare, Aetna Locations: Molina, UnitedHealth, U.S, Thursday's, Florida, Texas
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The blade of an offshore wind turbine broke into pieces last week and washed ashore on tony Nantucket, the Massachusetts island favored by New Englanders and the very wealthy. Still, all Nantucket beaches were fully open by Wednesday, though the island's Harbormaster cautioned people to wear shoes and keep pets off certain areas. AdvertisementIn April, billionaire Barry Sternlicht's home was demolished due to property damage caused by erosion. It looks like snow, rain, hail, and a little wind turbine debris won't be enough to turn people off of the Gray Lady.
Persons: , tony Nantucket, Harbormaster, Barry Sternlicht's, Steve Schwarzman, Eric Schmidt, Gray Organizations: Service, New, Business, Vineyard, of Safety, Environmental Locations: Nantucket, Massachusetts, New Englanders, Martha's
But the Secret Service, the agency charged with protecting Mr. Trump, did not stop him from taking the stage. Eight minutes after Mr. Trump started to speak, Mr. Crooks fired off bullets that left the Republican presidential nominee bloodied and a rally visitor dead. Image Secret Service snipers surveilling the surrounding area before Mr. Trump began to speak. But that created a blind spot, outside the security perimeter but well within rifle range of Mr. Trump. Mr. Crooks also typed in “major depressive disorder” and searched for dates and places for appearances for both Mr. Biden and Mr. Trump.
Persons: Donald J, Trump, — Thomas Matthew Crooks, Crooks, Eric Lee, Marsha Blackburn, Biden, Alejandro N, Mayorkas, Kimberly A, Cheatle, Butler, Kristian Thacker, , Richard Goldinger, General Merrick B, Garland, Christopher A, Wray, Trump’s, Crooks’s, Pittsburgh’s WTAE, Doug Mills, Mr, , Edward Natali, Crooks “, Natali, , bloodying, Corey Comperatore, Eduardo Medina, Jeanna Smialek, Chelsia Rose Marcius, Mark Walker, John Ismay, William K Organizations: Service, Republican, Secret, New York Times, Secret Service, Biden Sunday . Homeland, ABC News, The New York Times, The Times, AGR International, Mr, Police Department Locations: Butler, Pa, Tennessee, ” Butler County, Bethel Park, Butler County, Washington, New York
However, Kiwis practiced "fearless parenting," reinforcing a sense of adventure, the need for sustainability, and problem-solving skills from birth through childhood. This is when I learned that most Kiwi parents tend to measure danger in two categories — possible or probable. New Zealand parents rely on imagination and ingenuity to make use of old things, so there is a tendency to conserve more and waste less. AdvertisementWhile US parents may be inclined to use devices or television to pass the time, in New Zealand, parents emphasize "messy play." We always wanted Faith to have the skills she needed to adapt anywhere — whether in Oakland, California, or Auckland, New Zealand.
Persons: , Faith, Waiheke Organizations: Service, New, Business, Kiwi, Kiwis Locations: New Zealand, United States, Aotearoa, Zealand, Wharau, NZ, Oakland , California, Auckland , New Zealand, Oakland, Auckland
CNN —Sixteen people were killed after a fire broke out at a shopping mall in southwest China on Wednesday, according to Chinese state media. Dramatic images showed a huge column of black smoke billowing from the 14-story building in the city of Zigong, Sichuan province. Rescuers work at the site of the fire in China's Zigong city on July 17, 2024. Such incidents are not uncommon in China, where enforcement of safety standards is often lax. In January, a fire at a mixed-use building in southeast China killed at least 39 people just days after another blaze at a boarding school in central Henan province killed 13 children.
Organizations: CNN, CCTV, Visual China, China’s Ministry of Emergency Management Locations: China, Zigong, Sichuan province, China's Zigong, Henan
But the Secret Service, the agency charged with protecting Mr. Trump, did not stop him from taking the stage. Image Secret Service snipers surveilling the surrounding area before Mr. Trump began to speak. But that created a blind spot, outside the security perimeter but well within rifle range of Mr. Trump. was able to finally access Mr. Crooks’s cellphones and other electronic devices, agents could see that he had searched for images of Mr. Trump as well as President Biden, Attorney General Merrick B. Garland and even F.B.I. Mr. Crooks also had at typed in “major depressive disorder” and searched for dates and places for appearances for both Mr. Biden and Mr. Trump.
Persons: Donald J, Trump, — Thomas Matthew Crooks, Crooks, Eric Lee, Marsha Blackburn, Biden, Alejandro N, Mayorkas, Kimberly A, Cheatle, Butler, Kristian Thacker, , Richard Goldinger, General Merrick B, Garland, Christopher A, Wray, Trump’s, Crooks’s, Pittsburgh’s WTAE, Doug Mills, Mr, , Edward Natali, Crooks “, Natali, , bloodying, Corey Comperatore, Eduardo Medina, Jeanna Smialek, Chelsia Rose Marcius, Mark Walker, John Ismay, William K Organizations: Service, Republican, Secret, New York Times, Secret Service, Biden Sunday . Homeland, ABC News, The New York Times, The Times, AGR International, Mr, Police Department Locations: Butler, Pa, Tennessee, ” Butler County, Bethel Park, Butler County, Washington, New York
US Secret Service Director Kimberly Cheatle on Monday released her first statement since the assassination attempt against Donald Trump on Saturday. Secret Service personnel on the ground moved quickly during the incident, with our counter sniper team neutralizing the shooter and our agents implementing protective measures to ensure the safety of former president Donald Trump. The incident in Pennsylvania has understandably led to questions about potential updates or changes to the security for the Republican National Convention in Milwaukee. The security plans for National Special Security Events are designed to be flexible. The Secret Service is tasked with the tremendous responsibility of protecting the current and former leaders of our democracy.
Persons: Kimberly Cheatle, Donald Trump, Corey Comperatore, Donald Trump’s, Trump, Biden, Trump’s, Organizations: Secret Service, FBI, Republican National Convention, Secret, Federal, National, Service, City Locations: Butler , Pennsylvania, Pennsylvania, Milwaukee, The, City of Milwaukee
Emergency crews recovered 50 to 60 bodies in the Tal al-Hawa neighborhood in the west of Gaza City, according to Gaza’s Civil Defense. “There is unprecedented destruction of infrastructure and vital facilities in the Shujaya… and Tal al-Hawa areas,” Al-Nabih told CNN. Israeli strikes in Gaza have since killed 38,345 Palestinians and injured another 88,295 people, according to the Ministry of Health there. “I don’t know what crime civilians did to deserve this,” one resident, Tareq Ghanem, told CNN on Friday. The mother told CNN she was desperate to return home for the wellbeing of her children.
Persons: Tal, Mahmoud Basal, Asem, ” Al, Nabih, Omar Al, Tareq Ghanem, , , Umm Ihab Arafat, Tal Al Organizations: CNN, Civil Defense, Getty, UN, Hamas, Ministry of Health, Al, Sina’a, Israel Defense Forces Locations: Gaza, Gaza City, Shujaya, Tal al, Al, AFP, Israel, , Beit Hanoun, Rafah
In terms of revenue, LegalZoom now expects between $675 million and $685 million for the full year. Taiwan Semiconductor Manufacturing — The chip stock advanced 3% following the company's revenue results . Though the company's reported T$207.87 billion for the month of June was a 9.5% decrease from last month, it was a 32.9% increase from the year-ago period. For January through June this year, the company reported T$1.27 trillion, which is a 28% increase from the same period last year. Carvana — Shares of the online car seller added 5% after Needham upgraded the stock to buy from hold.
Persons: LegalZoom.com, Dan Wernikoff, Jeffrey Stibel, LegalZoom, Carvana, Needham, robotaxi, , Alex Harring, Fred Imbert, Samantha Subin, Pia Singh, Michelle Fox, Darla Mercado Organizations: Intuit —, Intuit, Taiwan Semiconductor Manufacturing, Baidu, Street Journal, Shanghai, Mastercard, Visa, Bank of America, Manchester United, BioSciences, Analysts, Illumina, Teva Pharmaceutical Industries, Argus, UBS, Science, AMD, Silo Locations: China, Shanghai, Hoka, Europe
Experts quoted in official media also discussed health hazards of the alleged practices. “Using chemical tankers for edible oils will inevitably result in residual contamination,” said Liu Shaowei, a food safety expert cited by CCTV. Several executives found to be responsible for the 2008 case were ultimately handed death sentences, and the tragedy drove deep mistrust of domestic products and food safety in China. Another case in 2022, also exposed by state media, showed how “dirty” pickled cabbage was supplied to popular instant noodle brands. Xi has repeatedly stressed the importance of food safety and the security of grain and food staple supplies.
Persons: Xi Jinping, , , Liu Shaowei, Liu, , , Xi, ” Xi, Yanzhong Huang, Huang, Organizations: Hong Kong CNN, Oil Group, Council, CCTV, ” Communist Party, Weibo, Monday, CNN, Food Safety, Foreign Relations Locations: China, Hong Kong, Beijing, Communist, New York
Business Insider has learned that those annotators focus their efforts on two high-profile categories of drivers: Tesla CEO Elon Musk and a select set of "VIP" drivers. These drivers are internally referred to as "VIP" users and their data is at times put in VIP queues, according to the workers. Related storiesData collected from VIP users, including high-profile Tesla drivers who post on YouTube, is scrutinized more heavily and more likely to be labeled, three current and former workers said. They said they'd been specifically told by leads on their teams that they were working on "VIP data" and had received overtime pay to work on the data ahead of FSD updates. Tesla's self-driving in the regulatory spotlightTesla has come under increasing scrutiny from regulators over the self-driving software and the company's marketing of the service.
Persons: , Elon Musk, Musk's Teslas, YouTubers, Musk, Tesla, Tesla's, John Bernal, Bernal, else's, annotators, Walter Isaacson's, Tesla influencers, FSD, they'd, Raj Balwani, Chuck Cook, Tesla Raj, Balwani, I've, Cook, he'd, they're, Missy Cummings, Cummings, Philip Koopman, Koopman Organizations: Service, Business, Tesla, SpaceX, Twitter, California Department of Transportation, YouTube, National, Traffic Safety Administration, Carnegie Mellon University, US Justice Department Locations: Hillsborough , California, Tesla's Austin, Fremont , California, Hawthorne , California, California, San Francisco, Buffalo , New York, Los Angeles, Hawthorne, YouTubers, Lombard
CNN —Yet again, tens of thousands of people in Gaza are on the move, as the Israeli military issues fresh evacuation orders for a number of areas in Gaza City. It’s unclear how many people in Gaza City have heeded the latest evacuation order. The IDF confirmed to CNN that the evacuation order for parts of Gaza City was the third in the past 10 days. On July 2, the Israeli authorities clarified that the European Hospital in Khan Younis was not included in the evacuation order. Now, one of the main hospitals in Gaza City – the Al Ahli Baptist – has also closed its doors.
Persons: CNN —, Khan Younis, don’t, Khader Al Za’anoun, Wafa, Al Za’anoun, , ” Al Za’anoun, OCHA, Deir, Dawoud Abu Alkas, – Jonathan Whittall –, Tedros Ghebreyesus, , Nasser, Al, Hosam Naoum, Rasheed, Saleh, ” Saleh, ” OCHA, , Maysa Saleh, Khan Younis “, Louise Wateridge Organizations: CNN, Israel Defense Forces, UN, UN Office, Humanitarian Affairs, IDF, Reuters, European Hospital, World Health Organization, Cross, Nasser, WHO, Episcopal, Facebook, Norwegian Refugee Council, NRC Locations: Gaza, Gaza City, Shujaya, Old City, Daraj, Khan Younis, Rafah, Al Mawasi, Khan, Al Ahli, Jerusalem, Deir al, Deir
The popularity of online dating has grown steadily over the past six years. According to the online data platform Statista, the online dating industry was worth $1.89 billion in 2019 and is predicted to grow to $3.15 billion in global revenue by the end of 2024. However, it's worth noting that the fall of traditional flirting isn't entirely dependent on the rise in digital dating. According to Paruolo, Gen Zers have a greater understanding of their preferences and boundaries when dating compared with other generations, which means they are more likely to form real emotional connections. Advertisement"There is a new form of digital flirting that is also more suited to Gen Z's communication style and preferences," she said.
Persons: , Nikki Sanjongco, Daysia Tolentino, Sanjongco, Eimear Draper, Draper, wasn't, Maxine Williams, Thomas Barwick, Railey Molinario, Young, Molinario, Williams, Eventbrite, Briana, Paruolo, Gen, Gen Zers Organizations: Service, NBC News, Business, NBC, Survey Center, BI, Par Therapy Locations: Los Angeles, Par
This is where gender-affirming vocal coaches come in. “At the same time, I was taking a voice disorders class, and there was just a single bullet point on there about gender-affirming voice work,” they told CNN. “But that was enough for me to look out on my own and seek further education.”There are different approaches to gender-affirming vocal work. “Transgender vocal training, as it’s sometimes called, sprung up from a marriage of speech pathologists, singing teachers, theater specialists and their techniques. Freya, who is a lesbian, says gender-affirming work is a skill she can offer to her wider LGBTQ community.
Persons: Kevin Dorman, Dorman, , , it’s, ” Dorman, Kim Chandler, Alexis Vandom, ” Vandom, Vandom, ” Bryce Chambers, Chambers, Anna Freya, Freya, It’s, ” Freya, “ There’s, There’s, , Organizations: CNN, Alabama Statehouse Locations: Greensboro , North Carolina, Alabama, Seattle
From the outside, Ecuador now looked far from an ideal place to escape the pressures of life in their former US hometown, Albuquerque. But despite ongoing political tensions, the couple say that they have no regrets about moving there and love their new lives. Harrison and Phillips say that, while they were getting trickles of information, they were not aware of the seriousness of the situation until much later. After some soul searching, Harrison and Phillips decided that Ecuador would be the best place to spend their retirement. Ecuador calling“I think we’ve adapted to life in Ecuador pretty, pretty readily,” says Dan.
Persons: Ruth Harrison, Dan Phillips, , Daniel Noboa, Rodrigo Buendia, hasn’t, Phillips, , Harrison, they’d, We’re, ” Harrison, Ruth, Ruth “, hadn’t, Dan, Ruth “ Expats, it’s, she’s, curt ”, you’ve, Harris, they’ve, ” He’s, she’d, expats who’ve Organizations: CNN, US State Department, Getty, CNN Travel, Facebook, Ecuadorian, Locations: Ecuador, Albuquerque, AFP, Ecuadorian, Cuenca, , Italy, Portugal, Spain, Mexico, Baltic, Colombia, Panama, Guayaquil, Montana, America, Kentucky
Craft had her wages deposited directly into a Yotta account and used the startup's debit card to pay for all her expenses. CNBC reached out to fintech customers whose lives have been upended by the Synapse debacle. Instead of spending years and millions of dollars trying to acquire or become banks, startups got quick access to essential services they needed to offer. They account for 60% of all new fintech account openings, according to data provider Curinos. The FDIC's exact language about whether fintech customers are eligible for coverage: "The short answer is: it depends."
Persons: Natasha Craft, Craft, fintech, Adam Moelis, Sankaet Pathak, Michele Alt, Scott Sanborn, Sanborn, LendingClub, she's, Rick Davies, Taylor Stitch, " Davies, He's, he's, Davies, hasn't Organizations: FedEx, CNBC, Federal Deposit Insurance Corp, Synapse, Indiana FedEx, Disney, Bank, Trust, JPMorgan Chase, Klaros, PayPal, Getty, Financial Technology Association, D.C, Block, Regulators, Federal Reserve, FDIC, Oakland, San, OCC Locations: Mishawaka , Indiana, Craft, Oakland , California, New York City, Santa Barbara , California, Maryland, Bristol , Connecticut, Seattle, Tennessee, Yotta, Boston, Washington, fintechs, Silicon, San Francisco
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