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The Weather Prediction Center has increased the rainfall threat for Wednesday to a rare “high” risk, or a level 4 of 4. For Tampa that would equal more than five months’ worth of rain – the average for October is 2.34 inches. More than 10 inches of rain could also break monthly records for some cities in central Florida. The heavy rainfall combined with high storm surge could create an especially dangerous situation. Flood watches remain for nearly 20 million people across Florida, and over 5 million people are under storm surge alerts.
Persons: Fort, Flood Locations: Tampa, Orlando, Florida, Fort Myers, Sarasota, Gulf, Atlantic, Milton
On the anniversary of the October 7 Hamas attacks, Gaza’s north was hit with more Israeli strikes, with no end in sight to the war devastating the enclave. Israel’s objective of defeating Hamas still seems far from reach as its military offensives in Gaza continue to ramp up. Israel launched a new ground operation in northern Gaza on Sunday and encircled the Jabalya refugee camp, where it says it saw signs of Hamas regrouping. Earlier this year, Israel’s military said it had defeated Hamas in northern Gaza, only to announce new offensives there in May. The camp was targeted early on in Israel’s response to Hamas’ attacks one year ago and has been struck several times during the war.
Persons: , haven’t, ” Lena, Philippe Lazzarini Organizations: Hamas, United Nations, Residents, CNN, Mercy Corps, UN, UNRWA Locations: Gaza, Israel, Jabalya, Israeli
Creating a 'Hellscape'Drones could be deployed by China to swarm over Taiwan and guide high-precision missile strikes, experts told Business Insider. Numbers countBut countering China's drone capability is in part a numbers game, and this is where Taiwan and the US currently fall short. When combined with other Chinese drone companies, that share goes up to well above 80%, it said. AdvertisementThis method would be vital for tracking and disabling some of the smaller drones China might use in an attack on Taiwan, said Pettyjohn. Advertisement"Currently the US and Taiwan do not have sufficient air defenses and CUAS [counter drone] systems to deal with the Chinese drone threat," she said.
Persons: , it's, China's, Adm, Samuel Paparo, Paparo, Stacie Pettyjohn, Xi Jinping, he'd, Zak Kallenborn, Ercin, Teng Yun, Pettyjohn, Weeks, John Aquilino, Sean Gallup, Kallenborn, We've Organizations: Service, Pacific Command, Washington, People's Liberation Army, Center, New, New American Security, Anadolu Agency, Getty, Financial Times, The New York Times, US Army, Armed Services Committee, Institute for Economics, Peace Locations: China, Taiwan, Taiwan Strait, New American, US, Ukrainian, Philadelphia, Ukraine, United States, Pettyjohn
Hurricane Milton could reduce Disney earnings, Goldman says
  + stars: | 2024-10-08 | by ( Kristian Burt | In | ) www.cnbc.com   time to read: +2 min
Projected park closures and disruptions from Hurricane Milton could cut into Walt Disney 's earnings, according to Goldman Sachs analysts. Goldman Sachs reduced its estimate for Disney's fiscal 2025 earnings per share from $5.22 to $5.14. The storm is projected to make landfall around the Tampa area, which hasn't been hit directly by a hurricane since 1921. The storm is then projected to head toward Orlando, where Disney World is located, as it decreases in intensity. Spokespeople for Disney did not immediately respond to CNBC's request for comment on the new earnings estimates.
Persons: Hurricane Helene, Hurricane Milton, Walt Disney, Goldman Sachs, Hurricane Irma, hasn't Organizations: Magic, Walt Disney, Walt, Disney's Parks, Disney, Disney's Locations: Hurricane, Bay Lake , Florida, Florida, Tampa, Orlando
But he did not announce any major new plans for ensuring economic health, leaving investors feeling underwhelmed. The iShares MSCI China ETF (MCHI) sank nearly 11%, on track for its worst day ever. The iShares China Large-Cap ETF, for example, soared 33% between Sept. 23 and Oct. 7. Morgan Stanley strategist Laura Wang on Tuesday revised price targets for the major Chinese stock market indexes, suggesting no room for further gains compared with current levels. "Today's press conference at least in the near term reinforces such belief, in our view, and the stock market could see more divergence at individual stock level."
Persons: Zheng Shanjie, Bilibili, Nio, Ray Dalio, FXI, Jeff deGraaf, David Tepper, Morgan Stanley, Laura Wang, Wang, Merrill Lynch, Helen Qiao, Xiangrong Yu, Yu Organizations: National, Reform Commission, CSI China Internet, Billionaire, Bridgewater Associates, Greenwich Economic, Appaloosa Management, U.S . Federal Reserve, Wynn Resorts, Sands, Macau — Locations: China, Greenwich, Greenwich , Connecticut, Beijing, Macau, Tuesday's, U.S
Hurricane Milton, now a Category 4, is expected to hit Florida's west coast Wednesday. Hurricane Milton rapidly intensified to a Category 5 storm on Monday, leading Florida Gov. AdvertisementNOAA's GOES-16 satellite is tracking Hurricane Milton from space. Hurricane Milton underwent an explosive intensification within 48 hours from a tropical storm to a Category 5. By Tuesday morning, Hurricane Milton had lost some of its strength and is now a Category 4.
Persons: Milton, , Hurricane Helene, Hurricane Milton, Ron DeSantis, Hurricane Wilma, Hurricane Felix, Stephanie Zick, Zick, Matthew Rosencrans, that's, Rosencrans Organizations: Service, Florida Gov, National Hurricane Center, NOAA, Milton, Hurricane, Virginia Tech's Department of Geology, Astronauts, Space, Hurricane Milton, NHC Locations: Milton, Gulf of Mexico, Hurricane, Florida, Charlotte, Hillsborough, Manatee, Gulf, Mexico, Tampa, Tampa Bay
A new military ground operation was launched on Sunday in Jabalya, northern Gaza, where the military said it is encircling the area after it saw signs of Hamas rebuilding. Earlier this year, Israel’s military said it had defeated Hamas in northern Gaza, only to announce new operations there in May. Ahead of the Israeli military announcements Monday, hospitals said they had received five bodies and several injured people following Israeli “artillery fire” in Beit Lahia, northern Gaza. The Israel military said it intercepted five projectiles launched from northern Gaza on Monday. Earlier in the day, nine projectiles were launched from southern Gaza, injuring two people, the military said.
Persons: Benjamin Netanyahu, , , Al Mawasi, Kamal Adwan, Khan Younis, Lena, haven’t Organizations: CNN, Hamas, Mercy Corps, Israel Locations: Gaza, Israel, Jabalya, Beit Lahia, Khan, Al Mawasi
Apple iPad (9th Generation) $199.00 $329.00 Save 40% The 2021 9th-gen 10.2-inch iPad is great for those who need an iPad for simple and basic tasks, like streaming videos, browsing the web, and running apps. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. The featherweight, 8.3-inch iPad Mini offers ultimate portability, while the 13-inch iPad Air and iPad Pro boast the largest screens at the expense of portability.
Persons: Apple's, it's Organizations: Business, Prime, Deal, Apple, Apple iPad, iPad
Learn moreWith Amazon's Prime Big Deal Days underway, some of the best Prime Day MacBook deals are live. For coverage of all the top sales for Prime Big Deal Days, take a look at our live roundup of the best Prime Day deals. Apple MacBook Air 13-inch M2 (2022) $749.00 $999.00 Save 25% The 2022 MacBook Air introduced Apple's M2 processor, which improved performance over the M1 version. From a portability standpoint, Apple's MacBook Air models are lighter, thinner, and more portable than MacBook Pro laptops at comparable display sizes. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.
Persons: we'd, they're Organizations: Business, Amazon's, Deal, Apple, Apple MacBook, Air, MacBook, Highlights, Pro Apple, Pro
A college degree can help you financially get ahead, compared to a high school diploma alone. Bankrate looked at median salaries among workers and job seekers with at least a bachelor's degree, along with unemployment rates and advanced degree rates, to rank the most and least valuable college degrees. Here are the 10 least valuable college degrees in 2024, according to Bankrate:1. People with bachelor's degrees in less-common foreign languages have a slightly lower unemployment rate, but nearly half (45%) of these grads have advanced degrees. That data suggests an advanced degree — and the years of school required to to earn it — may be needed to to fare better financially in those careers.
Persons: Bankrate, Get Organizations: National Center for Education Statistics, Survey, , New York Fed, Communications, CNBC Locations: New York
Goldman Sachs is the latest in a flurry of calls to upgrade China stocks after the Asian giant's recent wave of stimulus measures. Goldman predicts that Chinese stocks could even jump a further 15% to 20%, given the powerful comeback rally that has already occurred. It says the MSCI China index could have another 15% upside, and the CSI 300 index could enjoy a further 18% upside. In a Monday note, Citi also increased its price target for Chinese stocks. Following that, Wall Street started getting bullish on those stocks again, with Morgan Stanley predicting Chinese stocks are set to rally 10% and more.
Persons: Goldman Sachs, Goldman, Morgan Stanley, , Vishnu Varathan Organizations: CSI, Citi, Wall, BlackRock Investment Institute, Mizuho Securities Locations: China, China's
In a fact-bending blast of disinformation, the former president is charging Vice President Kamala Harris and President Joe Biden’s White House of the very transgressions of which he stands accused. This is false, but Trump, while president, did repurpose FEMA funds to help finance his hardline immigration policies. But in retrospect, the charade featuring his first White House press secretary Sean Spicer was a harbinger of an administration that bucked fact as an instrument of political power. Trump voters respond to his populism and his evisceration of elites and many sincerely believe he’s a response to a march to the left by the Democratic Party. Both Trump and Harris, who are deadlocked in the polls, are chasing voters who may not habitually follow politics.
Persons: Donald Trump, Kamala Harris, Joe Biden’s, Helene, Trump, Biden, , you’ll, Hugh Hewitt’s, , Harris, It’s, fib, Tim Walz, Don’t, ” Trump, Ohio Sen, JD Vance, ” Vance, Dana Bash, Biden hadn’t, , it’s, braggadocio, Sean Spicer, Trump’s, , Vance, , Mike Pence, Liz Cheney, stigmatize Harris, Viktor Orbán Organizations: CNN, FEMA, Republican, Democratic, Trump, Veterans, Foreign Wars, Union ”, Biden, GOP, White, Democratic Party, Wyoming Locations: Wisconsin, , Hong Kong, Minnesota, Kansas City, Springfield , Ohio, “ State, North Carolina, Hurricane, York, Hungarian, America
Certain toilet paper, tissue and office paper brands are made with materials from eucalyptus trees, a non-native species to Portugal. CNN PortugalThe problem is eucalyptus trees are particularly flammable. The eucalyptus tree is native to Australia and provides food and shelter to koalas, among other wildlife. As the Portuguese paper and timber industries grew in the mid-1900s, so too did eucalyptus plantations, and the species now covers nearly 2 million acres. In California, the eucalyptus tree has been naturalized, meaning it now grows beyond the places it was planted.
Persons: it’s, Patricia De Melo, Patricia De Melo Moreira, Domingos Patacho, Brais Lorenzo, Patacho, Henrique Pereira dos Santos, de Santos, Juan Manuel Castro Prieto, Luís, Sarabando, Octavio Passos, Jose Sarmento Matos, Organizations: Lisbon CNN —, CNN, Firefighters, Getty, AFP, National Park Service, Bloomberg, Northwestern, Agence, Vouga Forestry Association, Navigator Locations: Lisbon, Portugal, Europe, Albergaria, CNN Portugal, Australia, Portuguese, , California, Velha, Agueda, Northwestern Portugal, Greece, Italy, Finland, Constancia, Abrantes, United States, New York City, Arouca
The dollar clung to seven-week highs against major currencies on Tuesday as investors ponder the outlook for U.S. rates after a strong jobs report last week dashed bets for large rate cuts, while escalating tensions in Middle East dented risk sentiment. Traders have drastically shifted their monetary easing expectations from the Federal Reserve this year. That has kept the dollar on the front foot and surging to a multi-week high against the euro, sterling and the yen. The New Zealand dollar was 0.3% higher at $0.6144 ahead of the monetary policy decision on Wednesday. A majority of economists in a Reuters poll last week said the Reserve Bank of New Zealand will cut interest rate by 50 basis points.
Persons: Kieran Williams, Louis, Alberto Musalem, Shigeru Ishiba Organizations: Federal Reserve, Asia FX, InTouch, Reserve Bank of St, Treasury, Bank of, New Zealand, Reserve Bank of New Locations: Middle East, Asia, China, Bank of Japan, Reserve Bank of New Zealand
Always entering just as the table is being set, Jeffrey presents as the soft-spoken, supportive husband that clearly loves his wife. When Jeffrey asked what he could do to win her back Garten said one thing: go to therapy. "I'd be the wife, responsible for everything domestic, and Jeffrey would be the 'man' who helped occasionally," she writes. "Women everywhere were rethinking their roles and responsibilities," Garten writes. The one Garten and Jeffrey took seems to be more of a "therapeutic separation," she says.
Persons: Ina Garten, Jeffrey ., Jeffrey, Garten, didn't, Lisa Marie Bobby, Bobby Organizations: White, Washington D.C Locations: Westhampton , New York, Washington, Denver
Foreign investors now hold 39% of Peru's sovereign bond market holdings, the highest level across all emerging market countries. This underscores the increasingly positive sentiment surrounding the Peru's fixed income outlook. "It has recognized the need to provide international investors positive returns on domestic assets, and for central banks to be aligned with international investors and provide positive returns on domestic assets." "In some sense, the lack of a strong executive has led to better fixed income outcomes," Austerweil added. Dhawan also underscored that Peruvian fixed income is a high quality market for foreign investors.
Persons: Moody's, Dina Boluarte's, Pramol Dhawan, Pimco, Dhawan, David Austerweil, Soberano, Austerweil Organizations: Southern Copper Corp, Lawmakers, Peruvian, International Monetary Fund, Central Reserve Bank of, Bank of America, Mining Locations: Peru, Sol, Central Reserve Bank of Peru, America, U.S, Peruvian, China
This has helped push mortgage rates back up near where they were this summer, when 30-year rates were above 6%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: you'll, they've, Freddie Mac, it's, Fannie Mae Organizations: Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Chevron
Two women sit on the sidewalk of Qiansimen Jialing River Bridge, decorated with Chinese national flags, on October 3, 2024 in Chongqing, China. National Day Golden Week is a holiday in China commemorates the founding of the People's Republic of China in 1949. But he stopped short of announcing any new major stimulus plans, underwhelming investors and weakening the rally in the mainland Chinese markets. China will speed up special purpose bond issuance to local governments to support regional economic growth, the senior NDRC official said. Zheng said ultra-long special sovereign bonds, totaling 1 trillion yuan, have been fully deployed to fund local projects, and he vowed that China will continue to issue ultra-long special treasury bonds next year.
Persons: Zheng Shanjie, Zheng Organizations: National, Reform, Golden, CSI Locations: Chongqing, China, People's Republic of China, Shanghai
The 9 Elements of a Trump Rally
  + stars: | 2024-10-08 | by ( Ian Prasad Philbrick | Ashley Wu | ) www.nytimes.com   time to read: +89 min
We have some voters, they’re for us, but they’ve never voted and they’re going to want to vote. There’s something wrong with Kamala and I just don’t know what it is, but there is definitely something missing. They’re going to get him in Florida.” It was always… That seemed to be the documents case. That’s great. They’re great.
Persons: there’s, I’m, It’s, Joe Biden, Kamala Harris, , Trump, we’re, would’ve, Tim Walz, Biden, I’d, Rasmussen, We’re, David, they’re, they’ve, They’ll, You’re, “ You’ll, haven’t, she’s, everyone, David McCormick, Bob Casey, David’s, everybody’s, , we’d, Kamala, Oprah, doesn’t, I’ve, we’ve, Joe, Rachel Morin, who’s, that’s, Kamala let, … She’s, can’t, it’s, he’s, He’s, Wall, must’ve, ’ Kamala, Lyin, She’s, Donald Trump, “ I’m, Barack Hussein Obama, , Obama, Hunter, Uncle Sam, Crooked Joe Biden, document’s, Sam, bah, what’s, David Muir, “ We’re, They’re, won’t, Mike Kelly, Kelly, Mike, Lyin ’ Kamala Harris, El Salvador, you’ve, he’ll, “ You’re, Donald, don’t, Don’t, Crazy Nancy Pelosi, Nancy Pelosi, Billy Graham, Franklin, “ Gee, Lyin ’ Kamala, Elon, Tesla, you’re, God, Sean O’Brien, I’ll, That’s, “ Donald Trump, Alphonse Capone, Alphonse, “ They’re, they’ll, Let’s, should’ve, Emerson, ” David, Dave McCormick, Dave, He’ll, Nick Langworthy, Nick, JD Longo, JD, we’ll, Corey, “ I’ve, Butler, Nobody, Tom, didn’t, Cory, Trumper, There’s, We’ve, “ Kamala, Go, San Francisco Kamala, Ronald Reagan couldn’t, Shawn Fain, It’ll, anybody’s, We’ll, Crooked Joe Organizations: Trump Republicans, Alabama, NFL, United, Democrat, Commonwealth, CPA, Border Patrol, Covid, ISIS, Space Force, Visa, Justice Department, National Guard, Green, Deal, Teamsters, of Police, New York Times, , Nassau Coliseum, Slippery Rock, ICE, California, we’ll, Trump Reciprocal Trade, teamsters, US Steel, of Education, Black Colleges, Universities, Trump, Washington DC, America Locations: Pennsylvania, Commonwealth, Florida , Georgia, Alabama , Tennessee, Western North Carolina, Delaware, San Francisco, Erie , Pennsylvania, Alabama, Georgia, Wisconsin, United Nations, Iran, Erie County, Mexico, Tijuana, America, South America, Congo, Africa, United States, Asia, Yemen, California, Hollywood, Let’s, North Carolina, Russia, McDonald’s, New York, Ohio, Michigan, . Pennsylvania, Charleroi, Charleroi , Pennsylvania, … Charleroi, Harris, El, West Virginia, , China, Iowa, Philadelphia, Detroit, Atlanta, Florida, United States of America, Pennsylvania , Arizona , Wisconsin, Arizona, Slippery, Butler, That’s, San, Saudi Arabia, Japan, Ukraine, Washington
Japan's inflation-adjusted wages fell in August after two months of increases during the summer bonus season, while household spending also declined, data showed on Tuesday, knocking chances of the central bank raising interest rates any time soon. Real wages in the world's fourth-largest economy fell 0.6% in August from the same month a year earlier, according to the Ministry of Health, Labor and Welfare. Separate data showed household spending declining 1.9% from the year-earlier in August, potentially raising doubts about the strength of private consumption, which accounts for more than half of Japan's economy. The fall, however, was smaller than the market estimate for a 2.6% drop based on a Reuters poll, and on a seasonally adjusted basis, spending rose 2.0% from the previous month, marking the fastest pace of increase in a year. Those payments rose 2.7% in August versus a revised 6.6% in July and 7.8% in June.
Organizations: Ministry of Health, Labor, Welfare
I've loved the Caribbean but I'm more interested in other ports now that I've been on 50+ cruises. Although I still love these ports, they've lost their appeal to me now that I've been on more than 50 cruises. Sailing through the Norwegian fjords is one of my favorite cruise experiences to date — the breathtaking views surrounds the ship in all directions, offering endless photo opportunities. So, no matter the itinerary, I now tend to book lengthier sailings — ideally ones longer than a week. Amanda AdlerAlthough I've secured great pricing on international cruises, I'm often looking to sail closer to home in the US.
Persons: I've, , — it's, they've, it's, Amanda Adler, we've Organizations: North, Service, Acadia Locations: Bahamas, Scandinavia, Caribbean, Europe, Iceland, Norway, Central Europe, New England, Boston, Canada, West Coast, Catalina, Hawaii
Kamala Harris just told voters what kind of gun she owns. AdvertisementVice President Kamala Harris wants voters to know she's a responsible Glock owner. Although she owns a gun, Harris has been a proponent of safer firearms usage and stricter gun ownership laws. AdvertisementBut gun talk could help move the needle for Harris, especially with undecided voters, Doidge said. Other experts said that leaning into being a gun owner may be a savvy move from Harris' campaign, especially for swing-state voters.
Persons: Kamala Harris, Harris, , Bill Whitaker, I've, Whitaker, Glock, Oprah Winfrey, Joe Biden, Tim Walz, Trump, Kristin Doidge, Doidge, Georgia Kernell, Jonathan Aronson, Aronson, Guns, Elon Musk, Harris didn't Organizations: Service, Glock, CBS, Pew Research Center, White, NYPD, Loyola Marymount University, UCLA, USC, Trump, Republican National Committee, Business Locations: Austrian, United States, Minnesota, South Carolina, New York, California, Georgia, Trump
Nearly 16% of gas stations in Florida had run out of fuel as of late morning Tuesday as people flee north to escape the path of Hurricane Milton, according to data from GasBuddy. About 1,200 of the state's 7,900 gas stations are currently without fuel, according to the data. The storm is forecast to remain "an extremely dangerous hurricane" through landfall in Florida, according to the forecasters. Gas stations are running out of fuel and lines are long but there is not a shortage in the state, DeSantis said. Terminals with power, however, could begin distribution of fuel Saturday and Sunday depending on worker and truck driver availability as well as whether local gas stations are working, he said.
Persons: Patrick De Haan, De Haan, Milton, National Hurricane Center . Milton, Ron DeSantis, DeSantis, Andy Lipow, Lipow Organizations: CNBC, National Hurricane Center ., Florida Gov, Lipow Oil Associates, Sunday Locations: Florida, Hurricane Milton, GasBuddy, Port, Tampa, Milton
CNN —Five members of a Russian expedition who went missing while attempting to climb Mount Dhaulagiri have been found dead, Russia’s embassy in Nepal told CNN on Tuesday. Initial investigations suggested the group of Russian mountaineers died “as a result of falling down a slope,” the embassy said. Dhaulagiri – which translates from Sanskrit to mean “White Mountain” - is the world’s seventh-highest peak, standing 8,167 meters (26,795 ft) above sea level, in the Himalayas in central Nepal. The fatality rate of Dhaulagiri is slightly more than 16%, making it one of the most dangerous mountains to climb. The Russian Mountaineering Federation told CNN that the trip was organized by a private organization.
Persons: Organizations: CNN, Russian Mountaineering Federation, RIA Novosti, Leningrad Region Mountaineering Federation, Russian Ministry of Foreign Affairs Locations: Nepal, Swiss, Austrian, Russia, Leningrad
Walt Disney World will close early on Wednesday as Florida braces for Hurricane Milton. Other venues, including Universal Studios, have also announced closures. download the app Email address Sign up By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementWalt Disney World will shut down on Wednesday as Florida braces for Hurricane Milton. Related storiesA closure at Disney World is rare: Most hurricanes don't reach as far inland as Milton is expected to. Disney is not alone in closing its gates: Universal Orlando's parks, including Universal Studios, will shutter early on Wednesday and remain closed on Thursday.
Persons: Walt, Hurricane Milton, Nicole, recategorized, Milton, Hurricane Helene, Aquatica Orlando Organizations: Walt Disney, Hurricane, Orlando, Universal Studios, Service, Hurricane Milton, Hollywood Studios, Magic, Disney Springs, Disney, Wilderness, WDW Magazine, National Hurricane Center, SeaWorld Orlando Locations: Florida, EPCOT, Central Florida, Milton
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