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☆ The AV1 robot is helping sick children attend school
▼ + stars: | 2024-10-03 | by ( Nadia Leigh-Hewitson | ) edition.cnn.com time to read: +5 min

For young people undergoing long-term treatment or struggling with mental health issues, Norwegian company No Isolation developed the AV1 robot, which can take a child’s place in class, serving as their eyes, ears, and voice, and helping them stay connected with their classmates. “They make the child important”The UK’s Chartwell Cancer Trust has a supply of 25 AV1 robots it provides to children with serious illness. Founding trustee Michael Douglas told CNN that the robots enable children to stay engaged with their education even while in intensive care. Last August, No Isolation rolled out AV1 Academy, a library of training materials and resources aimed at improving the usability of the robot. “Removing that pressure to be on camera, we’ve seen, increases the likelihood of the robot being used for students with emotionally based school avoidance,” Salisbury said.

Persons: it’s, ”, Florence Salisbury, Salisbury, Markus Haner, ” Salisbury, AV1, Michael Douglas, “, we’ve Organizations: CNN, Cancer, Moulsham High, Digital Health, AV1 Academy Locations: Germany, Warwickshire, England, Japan, Salisbury

☆ Panic buying amid U.S. ports strike is creating supermarket supply concerns
▼ + stars: | 2024-10-03 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

There is no need for panic buying, and we encourage consumers to shop responsibly. Bill Simon, former CEO of Walmart, stressed that panic buying is serious and can have a cascading effect on domestic products. "Panic buying not only impacts the availability of imported products, but domestic products as well as consumers shift their purchase behavior," warned Simon. Walmart and Target did not immediately respond to requests about any panic buying patterns identified at their stores. John Catsimatidis, owner of the NYC super chain Gristedes, said the panic buying is occurring and showing no signs of slowing down.

Persons: Stew Leonard, Jr, Stew Leonard's, restocked, Bill Simon, Simon, John Catsimatidis Organizations: CNBC, Gulf Coasts, National Grocers Association, —, of Commerce, East, National Retail Federation, Walmart, Target, NYC Locations: Gulf Coast, East Coast, Gulf, United States, U.S, Canada, Mexico, East

☆ Raiders’ Antonio Pierce offered recruits and parents perks like trips to strip club and gun range while at ASU, per the NCAA
▼ + stars: | 2024-10-03 | by ( David Close | ) edition.cnn.com time to read: +3 min

Pierce, who served multiple roles, including associate head coach and recruiting coordinator, at ASU from 2017 to 2022, was sanctioned by the governing body for an alleged roughly year-long prohibited recruiting scheme. CNN has reached out to Pierce, the Raiders and ASU for comment. Pierce “consistently denied planning or arranging any portion of the visits, providing recruiting inducements, or participating in the out-of-state contacts and evaluations,” according to a NCAA press release. In the 67-page report, the NCAA provided what it described as multiple examples of the former Super Bowl Champion knowingly and repeatedly conducting forbidden recruiting violations. The NCAA has accused Antonio Pierce of recruiting violations while coaching at Arizona State University.

Persons: Antonio Pierce, Pierce, Pierce “, Arizona State University . Jordon Kelly, Anthony Garnett, Regina Jackson, Jayden Daniels, Jackson, “, ”, Jones, ‘ Organizations: CNN, Las Vegas Raiders, Arizona State University, ASU, NFL, Sun Devils, Raiders, NCAA, Super Bowl, Getty, Washington, ”, Broncos Locations: Garnett, Arizona, Denver

☆ Friday’s jobs report could be the last normal one for a while
▼ + stars: | 2024-10-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

CNN —September’s jobs report, due out Friday morning, is expected to show that the US labor market has slowed somewhat but remains on solid footing. While September’s employment data is expected to stay relatively tame, the same can’t be said for the October jobs report, which is set to be released on November 1, just days before the presidential election. The strikes and hurricane-related effects “are not going to permanently alter the trajectory of the labor market; but September is probably our last clean reading on the labor market for a while,” Ryan Sweet, chief US economist at Oxford Economics, told CNN earlier this week. The August jobs report, which showed better-than-expected estimated 142,000 payroll gains and a drop in the unemployment rate, went a long way to quell those fears. It showed that the jobs market is in “stasis,” Wells Fargo economists wrote in a note issued Tuesday.

Persons: bode, Lydia Boussour, ” Ryan Sweet, Helene, ”, Erica Groshen, They’ve, “, Andrew Challenger, Wells, Noah Yosif, ’ Sweet, Ejindu Ume, “ We’re, ” Ume Organizations: CNN, Federal Reserve, Boeing, Gulf Coasts, Oxford Economics, of Labor Statistics, Cornell University School of Industrial and Labor Relations, Employers, Challenger, Labor Department, Pantheon, Labor, BLS, “, American Staffing Association, Oxford, Miami University in Locations: EY, Hurricane, East, Gulf, Miami University in Ohio

☆ October surprises are piling up, but a toss-up race seems impervious to shocks
▼ + stars: | 2024-10-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +14 min

The trio of tests facing Harris comes with potential economic, political and humanitarian consequences if the administration errs. And the new scrutiny of Trump’s behavior after the 2020 election could cause some voters to again question his fitness for the Oval Office. Former President Donald Trump speaks during a campaign event at Dane Manufacturing in Waunakee, Wisconsin, October 1, 2024. NONE OF THIS HAPPENED WHILE I WAS PRESIDENT!” Trump wrote on Truth Social on Tuesday. But Trump has already tried to manipulate the tragedy for political gain, accusing Biden of “sleeping” following the storm.

Persons: Donald Trump, Kamala Harris, Biden, Hurricane Helene, Trump, Jack Smith, ’, Harris, Kamil Krzaczynski, Trump’s, ” Smith, Smith, ” Trump, Steven Cheung, JD Vance couldn’t, Augusta Mayor Garnett Johnson, Brendan Smialowski, Joe Biden, Helene, Amir Cohen, Hassan Nasrallah, Benjamin Netanyahu’s, Netanyahu’s, Netanyahu, “, ”, There’s, egging Netanyahu, Spencer Platt, “ Donald Trump …, Still, Mandel Ngan, they’ve, Brian Kemp, ” Biden, we’re Organizations: CNN, Oval, Dane Manufacturing, Getty, Trump, ”, Radical Democrats, Republican, Augusta, Democratic, White, Reuters, Wednesday, Democratic Party, Port, International Longshoremen’s Association, Biden, Republican Party, GOP, Raleigh Emergency Operations Center, Pentagon, National Guard, Georgia Republican Gov Locations: Hurricane, Waunakee , Wisconsin, AFP, Meadowbrook, Augusta , Georgia, Iran, Israel, United States, Tehran, Russia, Ukraine, Ashkelon, Lebanon, Gaza, Islamic Republic, Washington, Michigan, New York, Newark, Staten Island , New York, Gulf Coast, Raleigh , North Carolina, Georgia, North Carolina

☆ Nike stock chart is showing signs of a bottom and a turnaround ahead
▼ + stars: | 2024-10-03 | by ( David Keller | ) www.cnbc.com time to read: +3 min

Before this week's downside price gap, it's worth noting that Nike was testing a major resistance level into last week. To add to this "confluence of resistance," we can also see the 200-day moving average looming large, currently sitting just above $91. The weekly chart can provide some additional context as to what the recent upswing means relative to the long-term trend for Nike. The long-term trend has been decidedly negative for NKE, with price remaining below the 150-week moving average since Q2 2022. Nike also sits below a downward-sloping 40-week moving average, which is essentially the same as the 200-day moving average on the daily chart.

Persons: downtrend, NKE, David Keller Organizations: Nike Inc, Nike, CMT, CNBC, NBC UNIVERSAL

☆ A California family of 5 found a house in Scotland listed for under $270,000. The catch: It was half the size of their old place.
▼ + stars: | 2024-10-03 | by ( Amanda Goh | ) www.businessinsider.com time to read: +9 min

Zach and Annie moved their family from California to Scotland for a simpler life. They had been living in California, where Zach — who was originally from Scotland — was working with the highway patrol. Advertisement"We made an effort pretty much every year, apart from during COVID-19, to travel back to Scotland," Zach said. Zach and Annie/Simple Scottish LivingZack and Annie closed on the house in February, but only arrived in Scotland with their kids in May. Zach and Annie/Simple Scottish LivingAlthough the couple enjoyed living in the US, life in Scotland reminded them of their own childhoods.

Persons: Zach, Annie, —, Zach —, Scotland —, I've, It's, they'd, they've, Zack Organizations: Service Locations: California, Scotland, Sonoma County, Silicon Valley, East Lothian, Edinburgh, COVID

☆ I used to be anti-golf. Once I finally played, I found it strengthened my marriage and improved my mental health.
▼ + stars: | 2024-10-03 | by ( Sara Iannacone | ) www.businessinsider.com time to read: +4 min

I resisted playing golf for my entire life, but I reluctantly tried it a few years ago. Little did I know the sport would become a cornerstone for my marriage and mental health decades later. Over time, I found that playing golf together felt like a form of couples therapy. Sara IannaconeBut my forray into golf wasn't all sunny. It wasn't easy, but golf has taught me to enjoy moments for what they are — not how perfectly they play out.

Persons: —, I'd, perfectionism, Sara Iannacone Organizations: Service, Netflix

☆ Jeddah Tower: Construction of world’s tallest skyscraper resumes
▼ + stars: | 2024-10-03 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

CNN —Construction of Saudi Arabia’s kilometer-high Jeddah Tower, which will become the world’s tallest skyscraper upon completion, has resumed almost seven years after work ground to a halt amid a kingdom-wide anti-corruption purge. His family’s firm, which also owns a stake in the Jeddah Tower project, has been rehired to complete the construction work. Designed for extremesFormerly known as Kingdom Tower, the skyscraper broke ground in 2013 and was initially expected to be completed by 2020. The architect’s Chicago-based practice, Adrian Smith + Gordon Gill, has said the tower’s shape “evokes a bundle of leaves shooting up from the ground.”Work halted on the unfinished Jeddah Tower in 2018. Jeddah Tower will be the crown jewel of a wider 57-million-square-foot, $20-billion development dubbed Jeddah Economic City.

Persons: Prince Mohammed bin Salman’s, JEC, Saudi Prince Alwaleed bin Talal, Alwaleed, “, Bakr, Laden, Osama bin Laden, Adrian Smith, Gordon Gill, Amel, ” Adrian Smith, JEC’s, Hisham Jomah, ”, Jomah Organizations: CNN, Jeddah Economic Company, Saudi, Kingdom Holding Company, ”, Kingdom Holding, Saudi Binladen Group, Newsweek, Maxar, Jeddah Economic Locations: Saudi, Jeddah, Saudi Prince, Dubai, Burj Khalifa, Chicago, Medina, Mecca, “

☆ Supply chain disruptions could benefit these stocks, Goldman Sachs says
▼ + stars: | 2024-10-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Trade tensions, too, have resulted in tariffs and affected world trade in certain goods. The market for companies in this space is driven by the volume of global trade, and this so-called supply chain "complexity," Goldman noted. It sees some stocks as being able to benefit from higher supply chain "complexity." Freight-forwarding firms such as DSV , DHL Forwarding and Kuehne+Nagel are "well-placed to help their clients navigate higher complexity and shocks," Goldman said. Container lines such as Cosco, Maersk and Hapag-Lloyd are less directly exposed to the higher supply chain complexity, said Goldman.

Persons: Goldman Sachs, Goldman, deglobalization, Nagel, Lloyd, — CNBC's Michael Bloom Organizations: U.S ., Logistics & Shipping, Logistics, DHL, Goldman, Express, Fedex, UPS, Maersk, Hapag Locations: U.S . East Coast, Gulf Coast

☆ An iconic gem of New York City's skyline is the latest victim of the office collapse
▼ + stars: | 2024-10-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

The Chrysler Building, a renowned gem of NYC, is the latest victim of the office apocalypse. AdvertisementThe Chrysler Building, a long-admired gem of New York City's skyline, could be the latest victim of the nationwide office collapse. AdvertisementThe website for RFR Holding, a private real-estate-management company, still features the Chrysler Building. Business Insider could not immediately reach RFR Holding or its attorneys on Thursday. What that means for the iconic Chrysler Building — and the rest of the New York City skyline — remains to be seen.

Persons: Cooper, —, John Ruth, RFR, Terrence Oved, Darren Oved, Morgan Stanley Organizations: Chrysler, Cooper Union, RFR, Service, Street Journal, Business, Seagram, Journal, New Locations: York, Lexington, New York, California , Texas , New Jersey, Florida, New York City

☆ Entrepreneurs who bring in millions flipping clothes and sneakers explain how they find profitable products, including 'home run items'
▼ + stars: | 2024-10-03 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

As for home run items, don't expect to find them daily but, 'they are out there.' AdvertisementBuying and reselling items can be an effective way to bring in extra cash — and can even be your ticket to financial independence. Richard S., who prefers not to share his last name for privacy reasons, started reselling items from his closet on eBay after losing his job in 2008. I didn't sell the Nike SB until maybe six months ago because I didn't understand what a Nike SB really was. In the reselling business, "it doesn't matter what I think is cool," said Richard.

Persons: —, Val Zapata, Richard S, that's, Zapata, Richard, Ralph Lauren, I'm, Gucci, Louis Vuitton, she's, he's Organizations: Service, eBay, Business, Nike, Louis, GAP, Adidas Locations: Coral Springs , Florida, Boston

☆ UK house sales rise since the Covid-19 boom as lower mortgage rates spur activity
▼ + stars: | 2024-10-03 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

A pedestrians looks at residential properties displayed for sale in the window of an estate agents' in Windsor, west of London. LONDON — Lower mortgage rates are sparking an uptick in the U.K. housing market, following a surge in the pace of home sales last month, data showed. Shares of U.K. homebuilders Taylor Wimpey and Barratt Developments both rose more than 2.1% following the data release. Some rates for such products have dipped to 3.7%, well below the BoE's 5% key rate. Mortgage approvals rose in August to the highest level in two years in years, the Bank of England said Monday.

Persons: homebuilders Taylor Wimpey, Richard Donnell, Andrew Bailey Organizations: Barratt, Nationwide, Bank of England's, Bank of England, Bank Locations: Windsor, London, LONDON

The idea behind a high-risk pool was to provide a safety net for people with pre-existing conditions struggling to find coverage. The high-risk pools, however, were critically underfunded, making monthly premiums for some patients double what they would be for a healthy individual, Cox said. “If you got into a high-risk pool, you might have had an exclusion on your coverage for six to 12 months,” Cox said. “When it doesn’t, it collapses.”Graves said that the U.S. could move back to a high-risk pool model but it would require “a massive amount of government subsidies to work.”“They would basically have to infuse the high-risk pool with enough subsidies to keep premiums affordable for people,” he said. “We had isolated pre-existing pools for the past 25 years, and they don’t work.”

Persons: Sen, JD Vance, Ohio, “, ”, Arthur Caplan, Cynthia Cox, ” Cox, Cox, John A . Graves, Tim Walz, ” Walz, ” Graves, Caplan, ” Caplan Organizations: Republican, NYU Langone Medical, Vanderbilt University School of Medicine, Democratic, Minnesota Gov Locations: New York City, Nashville , Tennessee, U.S

☆ Vance and Walz bring a dose of civility to a heated campaign: From the Politics Desk
▼ + stars: | 2024-10-02 | by ( The Politics Desk | ) www.nbcnews.com time to read: +5 min

Tim Walz said he believes his rival for vice president, Sen. JD Vance of Ohio, wants to solve the nation’s immigration crisis, but he questioned if former President Donald Trump really does. Vance acknowledged that Walz wants to solve the problem, too, but he questioned if Vice President Kamala Harris really does. Walz agreed with “a lot of what Sen. Vance said” about Americans not trusting Republicans on abortion. Vance replied, “Who has been the vice president for the last three and a half years? “Kamala Harris’ Day One was Donald Trump’s failure on Covid that led to the collapse of our economy.

Persons: Sen, JD Vance, Tim Walz, Vance, Walz, Henry J, Gomez, Allan Smith, Ohio, Donald Trump, Kamala Harris, ”, Walz “, — Vance, —, Tuesday’s, Harris, Dick Cheney, Joe Lieberman, Cheney, Republican George W, Bush, Read, Allan →, Sahil Kapur, assail “ Donald Trump’s, “, Trump, “ Kamala Harris ’, Donald Trump’s, ” Walz, Tim, Hitler ”, I’ve, ” Vance Organizations: Minnesota Gov, Republican, CBS News, Trump, ”, GOP, Biden Locations: Ohio, Israel, Sahil

The debate, hosted by CBS News in New York City, could be the last event featuring candidates from both campaigns, with Kamala Harris and Donald Trump not currently scheduled to debate again. Vance wouldn't give a straight answer, instead throwing a question back at Walz about censorship about the Covid-19 pandemic on Facebook. “Sometimes, of course, I disagree with the president, but I’ve also been extremely open about the fact that I was wrong about Donald Trump. "Kamala Harris' day one was Donald Trump’s failure on Covid that led to the collapse of our economy. “Donald Trump could’ve destroyed the program.

Persons: Sen, JD Vance, Tim Walz, Kamala Harris, Donald Trump, Vance, Walz, assail “ Donald Trump’s, “, Trump, “ Donald Trump, Vance sidestepped, Harris, “ I’ve, Vance wouldn't, ”, Trump Vance, Hitler ”, I’ve, ” Vance, ” Walz, Donald Trump’s, Tim, Donald Trump hasn’t, “ Donald Trump could’ve Organizations: Democratic Gov, CBS News, ”, Facebook, Minnesota Public Radio, Democratic, Republican Congress, GOP, Biden, Trump, Republicans Locations: Ohio, Minnesota, New York City, Israel, ”, Hong Kong

☆ I moved to Spain, got divorced, and was feeling lonely — until I found a new way to make friends
▼ + stars: | 2024-10-02 | by ( Dalia Goldberg | ) www.businessinsider.com time to read: +6 min

Dalia Goldberg moved to Spain with her then-husband in late 2018. Related storiesIn early 2020, I'd just spent my first year and a half in Seville, Spain. My husband and I had moved to Spain thinking we'd travel around and enjoy a great quality of life while working remotely. Many members of the Improvites told me the activity has boosted their confidence and helped them make new friends. Will, another member from the UK, moved to Seville from northern Spain after his marriage also broke down.

Persons: Dalia Goldberg, —, Jennifer, I'd, lockdowns, we'd, It's, Bob Rouf, Will, he's, I've Organizations: Service Locations: Spain, Seville, North America, drudgery

☆ Devastation from Hurricane Helene could bring semiconductor chipmaking to a halt
▼ + stars: | 2024-10-02 | by ( Clare Duffy | Dianne Gallagher | ) edition.cnn.com time to read: +7 min

In addition to this, our teams are joining the local taskforces to try to restore the most basic services and bring further supplies to Spruce Pine,” The Quartz Corp said in a statement. The Quartz Corp facility near Spruce Pine, North Carolina, is seen during a CNN flyover of the area on Monday, September 30. And while quartz is abundant around the world, the kind of ultra-high-purity quartz mined in Spruce Pine is not. The Spruce Pine mines provide an estimated 80% to 90% of the world’s high-purity quartz — experts say the exact amount is proprietary and unknown — supplying semiconductor manufacturers like chipmaking giant Taiwan Semiconductor Manufacturing Company. However, Wang said that despite the scale of the devastation in Spruce Pine, there is still reason for optimism.

Persons: Hurricane Helene, Helene, —, ”, Seaver Wang, Spencer Bost, ” Bost, ’ ” Sibelco, “, Sibelco, that’s, Gregory Allen, David Bader, CSIS’s Allen, Wang, ” Wang Organizations: New, New York CNN, Quartz Corp, Breakthrough Institute, Downtown, CNN, Belgian, Wadhwani Center, AI, Technologies, Center for Strategic, International, Taiwan Semiconductor Manufacturing Company, Institute for Data Science, New Jersey Institute of Technology Locations: New York, North Carolina, Hurricane, Spruce Pine, United States, Sibelco, Silicon, Downtown Spruce, Norwegian, Spruce, Spruce Pine , North Carolina, “

☆ Student loan payment 'on-ramp' ends, putting some borrowers at risk of delinquency
▼ + stars: | 2024-10-02 | by ( Jessica Dickler | ) www.cnbc.com time to read: +5 min

watch nowThe one-year grace period for student loan borrowers who miss a payment expired this week. The goal of the 12-month "on ramp" to repayment was to give borrowers some breathing room as they worked student loan payments back into their budgets. Some borrowers haven't made payments in yearsCongress initially passed legislation to allow federal student loan borrowers to pause their loan payments in March 2020 as part of the Covid economic response. It's now been roughly a year since student loan payments resumed. TransUnion data shows that just over half of student loan borrowers made payments over the past several months.

Persons: servicers, haven't, they've, Billy Hensley, Intuit Credit Karma, Karma, Brandon Bell, Ted Jenkin, Jenkin, Sallie Mae's, delinquencies, Liz Pagel, hasn't, Pagel, Andrew Housser, Housser Organizations: National Endowment, Financial Education, CNBC, Financial Wellness, Board, Intuit Credit, Rice University Library, Getty, CNBC's, College, Finance Locations: HOUSTON , TEXAS, Houston , Texas, Atlanta

☆ Energy ETF setting up for a breakout of a two-decade range, according to the charts
▼ + stars: | 2024-10-02 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

The Energy Select Sector SPDR ETF (XLE) was the worst performing sector ETF in September. The XLE ETF (and many of its holdings) has been trying to etch out a bottom for a number of weeks, and the charts we're reviewing today suggest that momentum finally could be turning positive. XLE has been making lower lows and lower highs since peaking in March. Both prior times, eventually logging a higher low gave XLE the firepower it needed to finally punch through a key downtrend line. Recently, the higher lows have been marginal, but considering that we haven't seen a material lower low in nearly five years, it's noteworthy.

Persons: it's, XLE, It's, XLE's downtrend, We've, Said, we're, Frank Cappelleri Organizations: CNBC, NBC UNIVERSAL

☆ Tim Walz hammers JD Vance over the ramifications of the Capitol riot: 'Jan. 6 was not Facebook ads'
▼ + stars: | 2024-10-02 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Tim Walz and Sen. JD Vance had a sharp exchange regarding the January 6, 2021, riot. Vance declined to state whether Trump lost the 2020 race and brought up Facebook, which Trump has repeatedly criticized. Tim Walz and Sen. JD Vance of Ohio defended their running mates on everything from climate change to inflation. During the debate, Walz was incredulous after Vance refused to say that Trump lost the 2020 election. During the debate, Vance pivoted from January 6 to rail against what he said was censorship from Harris regarding online misinformation.

Persons: Tim Walz, Sen, JD Vance, Walz, Trump, Biden's, Vance, —, Ohio, Donald Trump, Mike Pence —, Joe Biden's, didn't, Hillary Clinton —, " Walz, Mark Zuckerberg, Harris, Zuckerberg Organizations: Facebook, Service, Minnesota Gov, Trump, Democratic, GOP, Republicans, House Republicans, New York Times Locations: Minnesota, Arizona, Pennsylvania, Ohio

☆ See Tom Brady's million-dollar watch collection that's headed to auction, including a custom Audemars Piguet
▼ + stars: | 2024-10-02 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +2 min

In December, Tom Brady will auction five pieces from his luxury watch collection at Sotheby's. AdvertisementSeven-time Super Bowl champion Tom Brady is passionate about more than just football. The auction comes amid fluctuations in the luxury watch industry. AdvertisementWhile Sotheby's has the third-most watch sales among auction houses this year, with more than $72 million in sales so far, EveryWatch reported, that's a steep decline from the auction house's $155 million in watch sales last year. Here are the five pieces from Brady's collection that are heading to auction, with estimated values ranging from $12,000 to $800,000, per Sotheby's.

Persons: Tom Brady, Audemars Piguet, Patek Philippe, —, I've, Brady, Sotheby's, EveryWatch, Sylvester Stallone's, Philippe Grandmaster, Tom, Richard Lopez Organizations: Rolex, Service Locations: Sotheby's

☆ Key lines from the Vance-Walz vice presidential debate
▼ + stars: | 2024-10-02 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +19 min

Here are key lines from the debate, which was hosted by CBS News in New York City on Tuesday. Vance said many of the things Trump says, but he did it with a control that Trump lacks. The only answer is during the four years that Donald Trump was president. We have a historic immigration crisis because Kamala Harris started and said that she wanted to undo all of Donald Trump’s border policies. We could come together and solve this if we didn’t let Donald Trump continue to make it an issue.

Persons: Tim Walz, Sen, JD Vance, Vance, don’t, Vance Vance, Donald Trump, Donald Trump’s, Trump, Walz, Walz Walz, I’m, didn’t, Vance Trump’s, Joe Biden, Kim Jong Un, Chip Somodevilla, I’ve, we’re, Walz Vance, Kamala Harris, Vance Walz, you’ve, You’ve, Kamala Harris ’, Matthew, ‘, Margaret Brennan, Norah O'Donnell, Brendan McDermid, Reuters We’re, We’re, Vance It’s, Robert F, Kennedy Jr, ”, Harris, Biden, Nora, we’ve, Wade, Roe, Amber Thurman, Sandy, Walz misspoke, That’s, Vance Both Walz, You’re, Vance Child, Vance Trump, Walz Trump, It’s, he’ll, he’s Organizations: CNN, Gov, Minnesota, CBS News, Social Security, Trump, NATO, CBS, Center, Reuters, Mayo Clinic, Pharmaceuticals, Sandy Hook Elementary, Minnesota Gov, Affordable, Biden, Democratic Locations: Ohio, New York City, Israel, Iran, American, Afghanistan, Syria, Iraq, America, Mexico, Springfield , Ohio, Springfield, New York, Rochester , Minnesota, Hong Kong, China, Roe, Georgia, Finland

☆ Gen Z's New Side Hustle: Getting Rich As Airbnb Super Hosts
▼ + stars: | 2024-10-02 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +11 min

Arbitrage hosts like Anderson take to TikTok, YouTube, and Instagram to offer advice and promote paid courses on how to start and build your own short-term-rental empire. A 25-year-old TikToker with the handle @airbbnbmastery101 titled one video "How to quit your job in 2024 and get rich." There's no way to know for sure how popular Airbnb arbitrage is. Related storiesBut Airbnb arbitrage, in theory, isn't illegal; it depends on local laws governing how short-term-rental properties are licensed. DeRose says that he regrets working in short-term-rental arbitrage and that "it's very clearly hurting" the housing market.

Persons: Hailie Anderson, factly, Anderson, —, Donald Trump, Dave Ramsey, Trump, Inayah McMillan, — tycoons, TikTok, she's, Airbnb, Jamie Lane, Alfred, They're, there's, Lane, Konrad Bicher, Wolf, Bicher, Tom DeRose, It's, it's Organizations: YouTube, HGTV, Target Locations: Austin, Salt Lake City, Nashville, Florida, New York, Cities, Barcelona, Europe, Asia

☆ The East and Gulf Coast ports strike could be a no-win situation for the Biden administration
▼ + stars: | 2024-10-02 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

President Biden said on Tuesday that his administration will be "monitoring for any price gouging activity" that benefits foreign ocean carriers, including those on the USMX board. He also said "foreign ocean carriers have made record profits since the pandemic, when Longshoremen put themselves at risk to keep ports open." UBS forecast that 20% of Maersk's total volume would touch a U.S. port that would be impacted by the strike. Acting Secretary Julie Su lashed out at the idea that labor wage increases would be passed onto U.S. exporters and importers. I know they understand, just as consumers and American workers understand, that foreign companies who profit from our economy and who employ American workers and have an impact on American consumers should do the right thing, and in that battle, we are always going to stand with American workers, American businesses and American consumers."

Persons: Biden, Longshoremen, majeure, Daggett, Harold Daggett, Lars Jenson, Pete Buttigieg, Julie Su, Taft, Hartley, Buttigieg, Larry Lindsey, Su, Peter Friedmann, I've, nonfarm, Helene, switchers, they're, Jim Bianco, CNBC's, Peter Boockvar, Alan Baer, Steve Lamar, Taft Hartley, Lamar, CNBC's Jeff Cox Organizations: CMA, U.S, United States Maritime Alliance, Vespucci, Federal Reserve, Transportation, Labor, International Longshoremen's Association, UBS, Maersk, Federal Maritime Commission, ILA, Boeing, The Lindsey Group, Agriculture Transportation Coalition, Bianco Research, Bleakley Financial, USA, American Apparel and Footwear Association, Biden Administration, — Locations: East, Gulf Coast, U.S, autoworkers

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