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☆ Harris campaign highlights Trump’s past praise for Mark Robinson as CNN report roils battleground North Carolina
▼ + stars: | 2024-09-19 | by ( Eric Bradner | ) edition.cnn.com time to read: +8 min

CNN —Donald Trump’s campaign declined to say Thursday whether North Carolina Lt. Gov. The report immediately rippled through the 2024 presidential race, where North Carolina is a target for both Trump and Harris. “My hope is that the lieutenant governor can reassure the people of North Carolina that the allegations aren’t true,” he said. Another North Carolina Republican, Rep. Greg Murphy, also called the allegations “very concerning” but raised doubt about their authenticity. CORRECTION: This story has been corrected to note that North Carolina Rep. Greg Murphy is not part of the House Freedom Caucus.

Persons: Donald Trump’s, Mark Robinson, “ Martin Luther King, Kamala Harris ’, Robinson, Trump, he’d, ”, Harris, Harris ’, Martin Luther King, Trump’s, Biden, ” Trump, Karoline Leavitt, “, ‘, we’re, Josh Stein, Roy Cooper, “ Donald Trump, ” Cooper, Stein, Josh, Izzi Levy, ” Levy, Jeff Jackson, Carolina Sen, Thom Tillis, ” Tillis, Richard Hudson, Hudson, Greg Murphy, Ralph Norman, he’s, Norman, ” Norman, Marjorie Taylor Greene, Georgia, CNN’s Alayna Treene, Kristen Holmes, Aaron Pellish, Dianne Gallagher, Annie Grayer, Morgan Rimmer, Kate Sullivan, Omar Jimenez Organizations: CNN, Gov, Republican, Trump, White, NAACP, ” North, ” North Carolina Democrats, NC GOP, Democratic Governors Association, Republican Governors Association, North Carolina Rep, Democratic, Republicans, North, North Carolina General Assembly, North Carolina Republican, South Carolina Rep, Caucus, GOP Locations: North Carolina, Greensboro , North Carolina, Asheville, Asheboro, ”, ” North Carolina, Hill, Carolina

☆ CNBC Daily Open: Markets seemed taken aback by the 50-point cut
▼ + stars: | 2024-09-19 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Anna Moneymaker | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. By contrast, the prevailing sentiment among experts was that a 25-point cut was more likely, according to a CNBC survey. And he was likely aware that a bigger-than-usual cut might connote that the Fed's worried about the economy. "I don't see anything in the economy right now that suggests that the likelihood of a recession, sorry, of a downturn, is elevated," Powell said.

Persons: Jerome Powell, William McChesney Martin Jr, Anna Moneymaker, Jerome Powell's, Powell, Jeff Cox, Yun Li, Hakyung Kim, Samantha Subin Organizations: Federal, Federal Reserve, Getty, CNBC, Dow Jones, Nasdaq Locations: Washington , DC

☆ Data reveals how the Artemis I mission fared against space radiation
▼ + stars: | 2024-09-19 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

NASA’s Orion spacecraft for the Artemis I mission was successfully recovered on December 11, 2022, off the coast of Baja California. Regan Geeseman/NASARadiation worriesNASA has studied the impact of space radiation on human health for decades, dating back to the first crewed space missions of the 1960s. Long-duration space missions to the moon and Mars will expose astronauts to radiation from cosmic rays, or high energy particles that move through space. Courtesy NASAPlanning for Artemis IIIf a solar storm were to occur while the Artemis astronauts were in space, it could last for days. NASA astronaut Christina Koch participates on August 1 in crew geology training in Iceland ahead of the Artemis II mission.

Persons: Artemis II, Artemis I, Artemis, torsos, Helga, Zohar, ”, Sergi Vaquer Araujo, Araujo, ” Araujo, NASA’s, Regan Geeseman, Earth’s Van Allen Belts, Van Allen Belts, Stuart George, Kim Shiflett, ” George, George said, Artemis III, Reid Wiseman, Victor Glover, Christina Koch, Jeremy Hansen, Robert Markowitz, Kelsey Young Organizations: CNN, Orion, European Space Agency, NASA’s Orion, NASA, Space, Apollo, Space Center, Kennedy Space Center, Canadian Space Agency, Goddard Space Flight Locations: Artemis, Baja California, Earth’s, Houston, Mars, Florida, Iceland, Greenbelt , Maryland

☆ German media empire Axel Springer to split in deal with KKR
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: +3 min

Passers-by walk in front of the main entrance to the Axel Springer high-rise. The two sides had reached a deal in the summer to split Axel Springer, a source told Reuters on Saturday. KKR and its partner CPP Investments currently hold a 35.6% and 12.9% stake in Axel Springer, respectively, while Doepfner and Friede Springer hold 21.9% and 22.5%. Axel Springer had been preparing to float Stepstone but the planned initial public offering was shelved when war broke out in Ukraine in 2022. KKR and CPP Investments are now likely to target an IPO in the second half of 2025, according to an industry source.

Persons: Axel Springer, Mathias Doepfner, Axel Springer's, Springer, Friede Springer, Axel's, Doepfner, Friede Organizations: Politico, KKR, Reuters, Investments, Friede Springer, Springer Locations: Hamburg, North America, Aviv, Ukraine

☆ The Fed has poured rocket fuel on the red-hot AI trade
▼ + stars: | 2024-09-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

AI stocks surged after the Federal Reserve's 50 basis point rate cut. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The tech-heavy Nasdaq 100 soared nearly 3% on Thursday, while the underlying AI trade saw even bigger gains. Investors in the stock market's AI trade can thank Fed chairman Jerome Powell for Thursday's risk-on surge in tech, according to Wedbush analyst Dan Ives. AdvertisementIves said that while the AI trade has mainly been focused on Nvidia and Microsoft, other companies are starting to join in on the fun.

Persons: Dan Ives, —, Jerome Powell, Ives Organizations: Federal, Nasdaq, Nvidia, Broadcom, Service, Federal Reserve, Investors, Big Tech, Microsoft, Oracle, Dell, IBM, APple Locations: Asia

☆ JetBlue to open airport lounges in New York and Boston in battle for big spenders
▼ + stars: | 2024-09-19 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

In this article JBLU Follow your favorite stocks CREATE FREE ACCOUNTJetBlue planes at JFK's Terminal 5 in New York. Leslie Josephs | CNBCJetBlue Airways will open its first airport lounges in its more than two decades of flying, a major shift for the low-cost airline as it chases high-spending travelers. The lounges will open at the carrier's hubs in New York late next year followed by Boston, JetBlue said Thursday. She said JetBlue doesn't want to disappoint customers if they aren't able to get into the lounges because they are too crowded. The highest-tier of JetBlue's loyalty program and holders of the new premium card will get free access to the lounge for one guest.

Persons: Leslie Josephs, John F, Jayne O'Brien, JetBlue's Organizations: JetBlue, CNBC JetBlue Airways, Barclays, Delta Air Lines, United Airlines, American Airlines, JetBlue's Mint, Kennedy International, Boston Logan International, Airbus, CNBC Locations: New York, Boston

☆ Ariel fund manager on a pick to buy post-Fed and this jumping tech stock to stick with
▼ + stars: | 2024-09-19 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Heading into a lower interest-rate environment, there is one stock that should be on investors' radar, according to Ariel Investments' Charles Bobrinskoy: Oracle. " AI is all about analyzing your data, and Oracle controls a lot of that data." While Bobrinskoy said Oracle used to be "way too cheap," it is currently "getting pretty close to fairly valued." Bobrinskoy now expects there to be a rotation into value stocks given the view that there is a lower risk of a recession. "Value stocks are very cheap," he continued.

Persons: Ariel, Charles Bobrinskoy, CNBC's, Bobrinskoy, BorgWarner, Stocks Organizations: Ariel Investments, Oracle, Federal Reserve

☆ We're trimming a bank stock on a post-Fed pop and still considering swapping it for another
▼ + stars: | 2024-09-19 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

The S & P 500 gave up post-Fed gains Wednesday and closed modestly lower. Morgan Stanley should have a decent pop when trading opens because lower interest rates should boost parts of its business , including investment banking. MS YTD mountain Morgan Stanley YTD We thought Morgan Stanley's share price was too low to sell when we held our September Monthly Meeting last week. Based on premarket prices, Morgan Stanley shares were hovering around $101, representing a much better level to take some off. One more factor behind our trim is that the S & P Short Range Oscillator remained in overbought territory after Wednesday's close.

Persons: Morgan Stanley, Jim Cramer's, Stocks, Morgan Stanley's, Goldman Sachs, Morgan Stanley YTD, We'll, Jim Cramer, Jim Organizations: Federal Reserve, CNBC

In a little over a month, they will learn whether they have won of one of the most coveted competitions for emerging designers: The Council of Fashion Designers of America/Vogue Fashion Fund. It provides 10 finalists with access to industry leaders, with mentorship on everything from growing their brands to showing at New York Fashion Week. “The fashion fund is also beyond the tangible mentorship or grant, it’s a visibility play,” the CEO said. “The first fashion fund was the reason we started doing runway shows,” he said. Rogers and past finalist House of Aama will be taking their designs to the CFDA/Vogue Americans in Paris Initiative during Paris Fashion Week.

Persons: —, Proenza Schouler, Thom Browne, Browne, Anna Wintour, Roopal Patel, Steven Kolb, There's, Grace Ling, Ling, ”, Kolb, Sebastien, Marianne Amisial, Sebastien Ami, “, “ It’s, Christopher John Rogers, Michelle Obama, Tracee Ellis Ross, Rogers, Shawn Grain Carter, Michael Kors, ” Jackson Wiederhoeft, prepping, Wiederhoeft, Tommy Hilfiger, Rebecca Henry of House, Aama, she's, what's Organizations: New York, Fashion Designers of America, Vogue, Fund, Saks, American, Pacific Islander, Associated Press, Fashion Institute of Technology, Paris Initiative, Paris Locations: New, U.S, Singapore, ” Louisiana, Bushwick, Soho, Paris, Manhattan, ”

☆ My family of 4 ate dinner at Hooters for the first time. Our $93 meal was a surprisingly good value.
▼ + stars: | 2024-09-19 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I take my family to chain restaurants in search of good value. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At the same time, rising fast-food prices seem to only be making sit-down chains look like a way better value. Although I was never a big fan of sit-down restaurant chains, I recently began taking my family of four out to eat at them more often in search of good food and great value.

Persons: — Organizations: Hooters, Service, Business

☆ Watch CNBC's full interview with Shaktikanta Das, Reserve Bank of India's Governor
▼ + stars: | 2024-09-19 | by ( Tanvir Gill | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Shaktikanta Das, Reserve Bank of India's GovernorCNBC's Tanvir Gill spoke to Shaktikanta Das, Reserve Bank of India's governor, in an exclusive interview for CNBC Conversations. He discussed the strength of the Indian Rupee, India's inflation outlook, as well as the RBI's interest rate considerations.

Persons: Shaktikanta Das, CNBC's Tanvir Gill Organizations: Reserve Bank, India's, CNBC

☆ Melinda French Gates says CEOs who cut sleep to maximize productivity are 'so dumb': 'Some of us didn't want to be around them'
▼ + stars: | 2024-09-19 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

Melinda French Gates believes it's "so dumb" to try and maximize productivity by getting only a few hours of sleep. French Gates said, referencing CEOs and tech entrepreneurs who promote, in her eyes, a form of performative sleep deprivation. He's since changed his tune, and now aims for at least six hours of sleep per night, he told CNBC last year. Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates — French Gates' ex-husband — have shared similar stories. Now, he aims for a minimum of seven hours of sleep each night, he said.

Persons: Melinda French Gates, she's, Gates, who've, Indra Nooyi, Donald Trump, Marissa Meyer, Elon Musk, Tesla, I've, Musk, Jeff Bezos, Bill Gates, —, Bezos Organizations: PepsiCo, Former U.S, CNBC, Microsoft Locations: Former

☆ Biden claims he's 'never once spoken' to Powell as president, but they met in Oval Office in 2022
▼ + stars: | 2024-09-19 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

Chairman of the Federal Reserve Jerome Powell (left) meets with President Joe Biden in the Oval Office on May 31, 2022. President Joe Biden on Thursday said he had "never once spoken" to Federal Reserve Chair Jerome Powell while he was president. "The president was saying that he has not spoken to Chair Powell about interest rates," said Bernstein. Even in his 2022 Oval Office meeting with Powell, Biden stressed the importance of the Fed's independence in addressing inflation. Respect the Fed's independence," Biden said at the time.

Persons: Jerome Powell, Joe Biden, Janet Yellen, Biden, I've, Jared Bernstein, Powell, Bernstein, Donald Trump, Trump Organizations: Federal, Treasury, Economic, of Washington, of Washington , D.C, Fed, Republican, Federal Reserve, Street Journal, White Locations: of Washington ,

Business vs. personal bank account interest rates at brick-and-mortar banks*Regional differences are possible at Regions Bank. Rates are as of July 22, 2024.Business vs. personal bank account interest rates at online banksPersonal bank accounts at online banks generally pay more than their business banking options. Business vs. personal bank account interest rates at credit unionsCredit unions also tend to offer competitive rates on business and personal bank accounts. Comparing account fees and accessibilityOpening a business bank account involves more documentation than opening a traditional bank account. Business vs. personal banking FAQsWhy might business savings accounts offer different interest rates than personal accounts?

Persons: you'll, Sophia Acevedo, Sophia, Axel Springer, Education Sophia Organizations: U.S . Bank, Business, Regions Bank, American, Consumers Credit Union, Federal Reserve, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles Locations: Florida, Alabama, U.S, Illinois, Wisconsin, California

The game might be a little hard to find on TV, so we've put together everything you need to know about how to watch the Atlanta Dream vs. New York Liberty online. The New York Liberty leads the league this year with an impressive 32-7 record. Right now, the Atlanta Dream is in the elusive eighth spot in the league, meaning they're tentatively matched up with New York for the Playoffs. How to watch Atlanta Dream vs. New York Liberty in the USThe Atlanta Dream vs. New York Liberty game will air on Thursday at 7 p.m. How to watch Atlanta Dream vs. New York Liberty from anywhereBasketball fans traveling outside the US can keep up with their streaming subscriptions with the help of a VPN (virtual private network).

Persons: we've, they'll, ExpressVPN Organizations: Business, New York Liberty, Atlanta, The New York Liberty, Liberty, Chicago Sky, Washington Mystics, Sky, Washington, Mystics, Chicago, NBA, MLB Network, Tennis Channel, Basketball Locations: New, Atlanta, New York

☆ Mark Robinson, NC GOP nominee for governor, called himself a ‘black NAZI!,’ supported slavery in past comments made on porn forum
▼ + stars: | 2024-09-19 | by ( Andrew Kaczynski | Em Steck | ) edition.cnn.com time to read: +13 min

CNN is reporting only a small portion of Robinson’s comments on the website given their graphic nature. Many of Robinson’s comments on Nude Africa stand in contrast to his public stances on issues such as abortion and transgender rights. I sat there for about an hour and watched as several girls came in and showered,” Robinson wrote on Nude Africa. Writing in a forum discussing Black Republicans in October 2010, Robinson stated unprovoked: “I’m a black NAZI!”That same month, Robinson wrote in another post that he supported the return of slavery. Robinson’s comments on Nude Africa often frequently contained derogatory and racial slurs directed at Black, Jewish and Muslim people.

Persons: — Mark Robinson, ”, Robinson, He’s, ” Robinson, “ We’re, “ peeping, “, peeping, “ I’m, Josh Stein, Martin Luther King Jr, King, Barack Obama, Martin Lucifer Koon, Donald Trump, Stein, minisoldr, robinson ”, minisoldr “ Mark, ” Minisoldr, Yolanda Hill, Minisoldr, Mark Robinson’s, Disqus, Robinson’s, Greensboro , North Carolina – Robinson’s, Robinson Robinson, Mark Robinson, dunder, Nazi Germany Adolf Hitler, “ I’d, Martin Luther King, hebe ”, Norman Lear Organizations: CNN, Republican, Publicly, Africa, NC, Assembly, North Carolina Republican Party, Stein, Army, Black College and University, North Carolina, T State University, Disqus, Greensboro , North Carolina –, Twitter, Facebook, Black Republicans Locations: North Carolina, Parkland, North, Washington ,, Greensboro , North Carolina, Greensboro, NAZI, Nazi Germany, Washington

☆ Kamala Harris' old apartment is on Airbnb from $6,000 a month — and we know at least one person who rented it
▼ + stars: | 2024-09-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

Read previewTwenty years ago, inside a humble one-bedroom apartment in San Francisco's South of Market neighborhood, Kamala Harris might've one day dreamed of running for president. Ji has listed the apartment on Airbnb with a minimum of 30-night stays and advertises the "amazing opportunity to live inside the home previously owned by Vice President Kamala Harris." He's even added a commemorative wall with photos from her career, including the day she was sworn in as vice president, according to the listing. Setty served South Indian dishes to guests as they watched Harris debate former President Donald Trump, the Times said. The Times reported that Setty called Harris a "rock star" when talking with other supporters at the debate party.

Persons: —, Kamala Harris might've, Harris, Joe Biden, Zhengtao Ji, David, wasn't, Ji, Kamala Harris, hasn't, Lata Setty, Setty, Donald Trump Organizations: Service, Democratic, The New York Times, Business, Times, The Times, Naval Observatory Locations: San Francisco's, Market, California, Brentwood, Los Angeles, Washington, DC

☆ Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle
▼ + stars: | 2024-09-19 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Darden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. Net sales rose 1% to $2.76 billion, but the company's same-store sales declined 1.1% in the quarter. Darden's fine-dining segment, which includes Eddie V's and The Capital Grille, reported same-store sales declines of 6%. LongHorn Steakhouse was the company's only division to report same-store sales growth. The chain, a top performer in Darden's portfolio since the pandemic, saw same-store sales growth of 3.7%.

Persons: Rick Cardenas, Darden, Raj Vennam, Olive Garden's, Eddie V's, Ruth's Chris Steak, Chris Organizations: Darden, Olive, LSEG, LongHorn, Chuy's Holdings Locations: Olive, Chicago , Illinois, Tex

☆ Disney to ditch Slack following July data breach
▼ + stars: | 2024-09-19 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

The Mickey Mouse and Minnie Mouse float passes by during the daily Festival of Fantasy Parade at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. The Walt Disney Company will no longer use Slack for in-house company communication months after a hack that involved more than a terabyte of company data being leaked to the public. Representatives from Disney and Salesforce, the owner of Slack, did not immediately respond to CNBC's request for comment. "Companies also have to take the right measure to prevent phishing attacks and to lockdown their employees' social engineering," he added. Benioff noted that Disney continues to use Salesforce products in other aspects of its business including its Disney store, Disney guides, sales and service operations and its call centers.

Persons: Mickey Mouse, Mouse, Hugh Johnston, Slack, Marc Benioff, Benioff, Disney Organizations: Magic, Walt Disney World, Walt Disney Company, Disney, CNBC, Bloomberg Locations: Orlando , Florida

☆ What buying Commerzbank would mean for UniCredit — and the banking sector
▼ + stars: | 2024-09-19 | by ( April Roach | ) www.cnbc.com time to read: +7 min

Last week, UniCredit announced it had taken a 9% stake in Commerzbank, confirming that half of this shareholding was acquired from the government. Commerzbank shares jumped 20% on the day UniCredit's stake was announced. A cross-border styled merger between UniCredit and Commerzbank would be more preferential than a domestic merger between Deutsche Bank and Commerzbank, according to Reint Gropp, president of the Hall Institute for Economic Research. "The German banking structure is long overdue for a consolidation process. The German bank also has less excess capital than UniCredit and therefore "cannot really afford" a takeover, Alloatti said.

Persons: Kirill Kudryavtsev, UniCredit, Andrea Orcel, Commerzbank, Orcel, Ignacio Cerezo, Berenberg, David Benamou, Benamou, CNBC's, Arnaud Journois, Journois, Emmanuel Macron, Reint Gropp, Gropp, Filippo Alloatti, Hermes, Alloatti, We've Organizations: Afp, Getty, Bloomberg, Reuters, UniCredit, Wednesday, UBS, Investments, European, Morningstar, Commerzbank, Analysts, CNBC, Deutsche Bank, Hall Institute for Economic Research, Will Deutsche Bank, ABN Amro Locations: Frankfurt, Germany, Commerzbank, Berlin, Italian, U.S, Europe, UniCredit, Italy

$ 5.34 $ 5.34 Estimated Environmental cost + $ 22.02 Say a pound of beef costs $5.34 at your local supermarket. The Hidden Environmental Costs of Food Damage to the natural world isn’t factored into the price of food. The proponents of true cost accounting don’t propose raising food prices across the board, but they say that increased awareness of the hidden environmental cost of food could change behavior. (True cost accounting also typically includes things like labor rights and dietary health, but here we’re focusing on environmental costs.) Large disparities between the retail price of food and its environmental costs are found in the proteins many of us eat every day.

Persons: True Price, ”, Claire van den Broek, “ They’re, Alexander Müller, True, “, Scott Swinton, Roger Cryan, Mario Herrero, chickpeas Organizations: United Nations, Rockefeller Foundation, True, Sustainability, Michigan State University, American Farm Bureau Federation, New, Cornell University, Price, Beef, Oxford University, “, U.S . Department of Agriculture, Mountain, United Nations Food, Agriculture Organization Locations: Dutch, United States, Berlin, New York State, Denmark, Walmart.com, U.S, North America, Europe, Brazil, India, Netherlands, Germany

☆ Why male voters are such an important target for Harris
▼ + stars: | 2024-09-19 | by ( Jeff Zeleny | Aaron Pellish | ) edition.cnn.com time to read: +9 min

“Kamala Harris isn’t talking about the historic nature of this,” Walz, the Democratic running mate, told supporters here at a rally. But the strategies of both sides have overlapping objectives, with Trump working to widen his advantage with White men while making gains among young Black and Latino voters. “They both have their qualities, they both have their flaws,” said Hernandez, a North Carolina voter who is torn between Trump and Harris. But the Trump campaign is also targeting many of the same voters, particularly young men whose decision whether to vote – and for whom – could be a turning point in the election. Women make up a slim majority of the electorate, but the degree to which Trump can hold onto male voters could determine the outcome of the November election.

Persons: Kamala Harris, Donald Trump, Harris, It’s, Tim Walz’s, “ Kamala Harris isn’t, ” Walz, ”, Walz, Trump, White, Anthony Hernandez, Hernandez, –, ” Hernandez, “ It’s, “, Joe Biden, JD Vance, Tobey Pierce, ” Pierce, it’s, Alex Vigil, Kevin Miller, Miller, ” Miller, Harris ’, Minnesota Sen, Amy Klobuchar, Kareem Rahma Organizations: North Carolina CNN, Minnesota Gov, Democratic, CNN, ”, “, North, Trump, Republicans, International Brotherhood of Teamsters, Packers, Vikings, Minnesota, Democratic National Convention Locations: Asheville, North Carolina, Trump, Hendersonville, Wisconsin, “, Superior , Wisconsin, McDonald’s, Los Angeles

☆ The Fed is following its 1995 playbook — and that's great news for stocks and the economy
▼ + stars: | 2024-09-19 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The Fed looks like it's following the same path it did in 1995, according to TS Lombard. It's also great news for stocks, as the S&P 500 more than doubled in value that decade. AdvertisementThe Fed is following a 30-year-old playbook with its interest rate moves — and that's good news for the US economy, according to TS Lombard. Stocks soared a day after the big rate cut. Despite wobbling in the hours after the Fed's rate move, the major indexes hit fresh records in Thursday trades.

Persons: It's, —, Dario Perkins, Perkins, Stocks Organizations: TS Lombard, Service, Fed, American Institute for Economic Research, Cleveland Fed

☆ Amazon's RTO policy is the right decision, according to a Gen Z founder who said most of his employees come in 5 days a week
▼ + stars: | 2024-09-19 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

He founded an AI startup in 2023 and told BI the majority of his 14 employees come in five days a week. "Remote work benefits people who are more stable in their career at the expense of people who are junior," he said. BI has reported on multiple Gen Z employees who feel isolated and restricted by their remote working environment. Advertisement"If you're a new grad and you're starting a job and you just work a remote job, you're just shooting yourself in the foot," he said. He told BI, "Four or five years ago, this was the norm," adding, "Why are we even thinking remote work is normal?"

Persons: —, Jeffrey Wang, Wang, Everyone's Organizations: Service, Plaid, Harvard, Business, Tech, Networking, BI Locations: San Francisco, Hawaii

☆ FedEx earnings will show the success of the company's restructuring, says TD Cowen's Jason Seidl
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFedEx earnings will show the success of the company's restructuring, says TD Cowen's Jason SeidlTD Cowen senior analyst Jason Seidl joins 'Closing Bell' to discuss his expectations for FedEx earnings, why he is picking FedEx over UPS, and more.

Persons: Jason Seidl, Cowen Organizations: FedEx, UPS

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