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☆ Why abortion access is a personal finance issue, says demographer who studies the effects of unwanted pregnancy
▼ + stars: | 2024-10-21 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

CNBC spoke to Foster about the economics of abortion access and the financial impacts of the end of Roe v. Wade. Diana Greene Foster: One good thing about The Turnaway Study is that our demographics closely resemble national demographics on who gets abortions. [They're also] more likely to have evictions, have a larger amount of debt if they're denied an abortion. The number of public records, such as bankruptcies, evictions and court judgements, significantly increased for those denied abortions, by 81%. So, it isn't the case that everyone who wants an abortion is now carrying a pregnancy to term.

Persons: Gina Ferazzi, Foster, Roe, Wade, Greg Iacurci, Diana Greene Foster, It's, That's, hasn't, couldn't, They're, they're, I'm Organizations: Los Angeles Times, Getty, Pew Research Center, CNBC Locations: Arizona, Phoenix , Arizona, U.S

☆ 28% of credit card users are still paying off last year's holiday debt. How to get this season’s tab under control
▼ + stars: | 2024-10-21 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

For some shoppers, the upcoming holiday season may lead to significant credit card debt. "Between buying gifts and booking peak-season travel, the holidays are an expensive time of year," said Sara Rathner, NerdWallet's credit cards expert. "Not only are consumers at risk of getting into credit card debt, but that debt can stick around long after the decorations come down." More from Personal Finance:2 in 5 cardholders have maxed out a credit card or come close2.5% adjustment to Social Security benefits coming in 2025'Fantastic time' to revisit bonds as interest rates fallThe stakes are higher in 2024 with credit card debt already at $1.14 trillion. The average credit card charges more than 20% — near an all-time high.

Persons: Sara Rathner Organizations: Finance, Security, National Retail Federation, Shoppers

☆ We heard from 1,000 older Americans: Here are some of their biggest regrets
▼ + stars: | 2024-10-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +11 min

More than 1,000 older Americans shared their biggest regrets in life with Business Insider. AdvertisementOver 1,000 Americans between the ages of 48 and 90 told Business Insider their biggest regrets in life. Others said they took Social Security too early or didn't pursue career opportunities that may have led to higher pay. Many respondents' regrets are partially out of their control, from a cancer diagnosis disrupting financial stability to an unexpected divorce or layoff. However, Social Security rules dictate that he cannot collect his wife's $1,300 monthly benefits because her amount is lower than his.

Persons: —, didn't, Janis Carroll, She's, Carroll, Jan Hoggatt, hadn't, I'd, Hoggatt, Jessica Johnston, hasn't, Steve Watkins, Watkins, they're, Michael R, Carol Brownfield, Brownfield Organizations: Business, Social Security, Service, Prudential, Brunswick Group, National Council, Aging, Health, Gallup, Center, Security, Social Locations: Eugene , Oregon, St, Louis, Los Angeles, York, Washington

☆ Israel’s ties with Europe strained by wars in Gaza and Lebanon
▼ + stars: | 2024-10-20 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +11 min

Adding impetus to their effort is the fact Israeli military strikes are now hitting UN peacekeeping bases in southern Lebanon, which house European troops. European reproach of Israel reached new levels when Israeli military strikes began hitting posts of the UN peacekeeping mission in southern Lebanon. The UN has said Israel’s military has fired on its peacekeepers multiple times in recent weeks, injuring more than a dozen. ‘We have blocked everything’Italy’s Prime Minister Giorgia Meloni also condemned Israel’s actions in Lebanon, including an Israeli military strike that hit a UN peacekeeping base where around 1,100 Italian troops are stationed. In an earlier move that protested Israel’s war in Gaza, Spain, Ireland and Norway formally recognized Palestinian statehood in May.

Persons: CNN —, Benjamin Netanyahu, “, ” Hugh Lovatt, Josep Borrell, Ali Moustafa, ” Lovatt, ”, Biden, It’s, ” Borrell, Lovatt, Israel, Maya Sion, Netanyahu, António Guterres, Emmanuel Macron, “ Netanyahu, Macron, Carl Court, ” Macron, ” Netanyahu, Borrell, Guterres, Giorgia Meloni, ” Meloni, Meloni, Tzidkiyahu, Keir Starmer, of National Security Itamar Ben, Bezalel Smotrich, David Cameron, Ben Gvir, Smotrich, ” Ben Gvir’s, Chancellor Olaf Scholz, Israel “ Organizations: CNN, UN, EU, North Africa, Foreign Relations, Hamas, European Union, Red Crescent, Reuters, UNIFIL, Europe, Agence France, Presse, United Nations Interim Force, AFP, Israel, UK, Stockholm International Peace Research Institute, Foreign Affairs Council, Getty, of National Security, Finance, Sky News, DPA, Nazi Locations: CNN — Israel, Gaza, Lebanon, Israel, East, Berlin, Rafah, Egypt, United States, “, Iran, Spain, Ireland, Italy, France, Tzidkiyahu, Jerusalem, Paris, AFP, Marjayoun, Vichy, Stockholm, Germany, United Kingdom, Irish, Sion, Norway, Britain, Lebanese, Khiam, Palestine

☆ Analysts pick winners from China stimulus measures
▼ + stars: | 2024-10-20 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Now that China's key ministers have spoken on stimulus, analysts have narrowed down the stocks likely to benefit. Chinese stocks have tempered their recent rally as investors await more policy details. Beyond interest rate cuts, the most tangible Chinese stimulus policies include subsidies to boost consumption with a trade-in program, along with incremental property market support. They screened for mainland-traded Chinese stocks with relatively high dividend yields and strong cash flow. While Chinese property developers may not bounce back right away, HSBC analysts expect construction software company Glodon, listed in Shenzhen, can benefit from property market stabilization.

Persons: David Chao, Morgan Stanley, Morgan, Ni Hong, Edward Chan Organizations: Asia Pacific, Aluminum Corp, Cement, HSBC, National Bureau of Statistics Locations: Japan, Invesco, Hong Kong, Anhui, Beijing, Shenzhen, Shanghai

☆ I'm a boomer who learned to use AI for work. It's made me more productive, but I worry about younger generations misusing it.
▼ + stars: | 2024-10-20 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +8 min

My freelance translation work is flexible and fits around my job as a university teacher. AdvertisementMarco Simões started using AI for translation in 2020. I decided to try out translation work on the side after someone at Intel suggested I work as a translator there. Using AI has meant my productivity has increased, and I can accept more jobs than I did in the past, but pay doesn't necessarily increase. Using AI tools, such as Bard and ChatGPT, I can translate around 1,000 to 1,200 words an hour.

Persons: Marco Simões, Simoes, —, São Paulo, Wintranslation, I've, Bard, ChatGPT, I'm, It's Organizations: BI, Service, Novell, Intel, São Paulo, Google Locations: Sao Paulo, Brazil, São, America

☆ An accounting manager struggled with work-life balance at PwC, Walmart, and Google. Leaving the Bay Area is what finally changed the tide.
▼ + stars: | 2024-10-19 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

He chose a work-life balance over salary but his goal of starting a family was still out of reach. It took him 11 years and multiple strategic career moves, but he finally achieved the work-life balance he'd always wanted. AdvertisementAfter PwC, he took a position with Walmart's eCommerce division, which offered greater work-life balance but a major salary reduction. Still, Manalac felt his decision was well worth it because of the drastic improvements in work-life balance. If you work in Big Tech or finance and would like to share your work-life balance story, email Tess Martinelli at tmartinelli@businessinsider.com

Persons: Mike Manalac, Manalac, —, He's, he'd, PwC, Walmart's, San, It's, Tess Martinelli Organizations: Service, Google, Walmart, Business, Baltimore —, Bay, Big Tech Locations: Area, Chicago, Baltimore, San Francisco, Silicon Valley, Bay, Nob, Michigan, Maryland, Big, tmartinelli

☆ When I moved abroad, my mother was fearful and jealous. It strained our relationship, but I had to chase my dreams.
▼ + stars: | 2024-10-19 | by ( Courtney Cardini | ) www.businessinsider.com time to read: +5 min

When I wanted to study abroad in Italy, my mother said I couldn't because it was too dangerous. It caused a strain on our relationship, and I moved abroad anyway. The second time I headed to Italy, my mother visited and realized she was wrong. My mother, however, expressed concerns about the risks I might face traveling through countries where I didn't speak the language. My mother finally seized the chance to visit.

Persons: —, Amanda Knox, isn't, didn't, Trevi, Pope Organizations: Service, Port Authority Locations: Italy, Manhattan, Europe, Rome, Florence, Siena

☆ Social Security's retirement trust fund may run out in nine years. Here's how the next U.S. president may address that
▼ + stars: | 2024-10-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +7 min

As more retirees start to claim Social Security, there are not enough workers contributing to the program to make up for that increase in benefit payments. But the trust fund Social Security relies on to pay retirement benefits is projected to be depleted in 2033. watch nowBoth presidential candidates — former president Trump and Vice President Harris — have vowed to protect Social Security benefits. "Seniors should not pay tax on Social Security," Trump wrote on July 31 in all capital letters on social media platform Truth Social. Ending taxes on Social Security benefits would move the insolvency date of Social Security's trust fund closer by over one year, according to the Committee for a Responsible Federal Budget.

Persons: Donald Trump, Kamala Harris, Allison Joyce, —, Donald Trump —, Trump, Harris —, Jason Fichtner, Mike Blake, Howard Gleckman, Gleckman, Harris, Kevin Lamarque, Joe Biden, Biden, Governor Walz, Mia Ehrenberg Organizations: Art House Theatre, Bloomberg, Getty, Social Security Administration, Democratic, Republican, Social, Social Security, CNBC, Center, Alliance, Lifetime, Income, Trump, Reuters, ABC, Finance, Urban, Brookings Tax, Brookings, U.S, Union, Employers, Center for Economic, Research, Washington Democrats Locations: Fayetteville , North Carolina, Coachella , California, U.S, Detroit , Michigan

☆ Sinwar’s killing looks set to boost Netanyahu, the Houdini of Israeli politics
▼ + stars: | 2024-10-18 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +2 min

If Netanyahu is feeling that pressure, that wasn't evident from his comments on Friday. International insistence that the Israeli government ease the suffering in Gaza had already intensified in the weeks before Sinwar was killed. Domestically, that may be more of a complex dance for Netanyahu, who heads a still-fragile coalition comprised of many of Israel’s most hawkish lawmakers. Until then, we will intensify military pressure,” Finance Minister Bezalel Smotrich — whom both major U.K. political parties have considered sanctioning this year — said in a post on X. Before Hamas' attack, Netanyahu was scrambling to keep onside the disparate right-wing and religious parties in his fractious ruling coalition while facing huge protests against him.

Persons: Netanyahu, “, ”, Sinwar, Joe Biden, ” Biden, Bezalel Smotrich —, — Organizations: U.S, ” Locations: Iran, Gaza, Lebanon, Syria, Iraq, Yemen, Berlin

I’ve tried PC speakers, bookshelf speakers, smart speakers — some of which weren’t very smart — and I’ve tried nearly every major Bluetooth speaker on the market. What we likeThe HomePod turns your speaker into a home base for all your Apple and smart home devices. Another issue that tampered with my experience with the Apple HomePod was the lack of Bluetooth connectivity. Other products to considerThe HomePod Mini is jam-packed with many of the same features as its larger counterpart the Apple HomePod. I used my years of commerce expertise and tech coverage for this article to review Apple’s HomePod smart speaker.

Persons: I’ve, —, Siri, HomePod, Apple HomePod, It’s, TikTok Organizations: Apple, NBC, Netflix, Google, Bluetooth, Facebook, Twitter

Billionaire Elon Musk has upped his financial offer for registered swing state voters to sign a conservative-leaning petition. On Thursday, Musk wrote on X that his pro-Trump super PAC would give $100 to signees and those who refer them. He said the deadline to sign the petition is Monday night, the day that Pennsylvania voter registration closes. “If you’re a registered Pennsylvania voter, you & whoever referred you will now get $100 for signing our petition in support of free speech & right to bear arms,” Musk wrote. For anyone who refers a registered swing state voter to sign it, Musk promised to mail a check.

Persons: Elon Musk, Musk, ” Musk, Donald Trump, Trump, ”, hadn’t Organizations: Trump, America PAC, Musk’s America PAC, Facebook Locations: signees, Trump, Pennsylvania, Michigan, North Carolina

☆ Sinwar's killing is a win for Israel — but many Palestinians are proud of his defiant last stand
▼ + stars: | 2024-10-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +6 min

The Hamas leader was “the caring father and the leader of the Palestinian cause,” Moslah added. “May God have mercy upon him.”For others, Sinwar’s death was an unsurprising outcome for a hardened jihadi militant. He spent years in an Israeli jail learning Hebrew and studying the inner workings of Israeli politics and military tactics. It showed a man, identified by Israel as Sinwar, sitting in a chair in a destroyed apartment as an Israeli drone buzzed around him. Moments later, the Israeli military would fire its kill shot — a missile destroying the building.

Persons: Sinwar, “, ” Abaad, Moslah, ”, Ziad Maqdad, “ Yahya Sinwar, Burcu, Khalil Al, Hayya, Yahya Sinwar, lamely, Seyed Abbas Araghchi, Omar Dajani, David, Sinwar “, Dajani, John Wessels, Ahmed Yossef, Benny Gantz, Gaza “, Belazel Smotrich, Frank Lowenstein, Barack Obama, Mohammed, ” Lowenstein, Sheikh Ahmed Yassin, Rashid Khalidi, Netanyahu Organizations: NBC News ’, Royal United Services Institute, Israel Defense Forces, NBC, AFP, Getty, Palestinian Center, Policy, Research, University of, Columbia University, “ Locations: Palestinian, Beit Hanon, Gaza, Israel, United States, London, Jerusalem, Iranian, Palestine, Stockton , California, Sinwar, “ Israel

China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters. “The national economy showed positive signs of growth in September,” Sheng Laiyun, the bureau’s deputy commissioner, said at the news conference, according to CNBC’s translation of the Chinese. Other data also released on Friday, such as retail sales and industrial production, also beat expectations, a hopeful sign for the world’s second-largest economy. “Despite the multitude of challenges, China’s economy is not incurable as some would suggest,” Xu added. Authorities continued to dip feed more stimulus measures throughout this month amid low consumer sentiment and a flagging property sector.

Persons: ” Sheng Laiyun, ”, Tianchen Xu, ” Xu, Finance Lan Organizations: China’s National Bureau, Statistics, Reuters, Economist Intelligence Unit, China’s, Finance, Ministry Locations: China’s, Beijing

☆ Wall Street is trying to make AI search sexy
▼ + stars: | 2024-10-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

Finance firms and fintech startups are trying to use generative AI to improve search capabilities. Perfecting search, down the line, could lead to more automation and more complex generative AI tools. It has already onboarded some-25 Wall Street firms onto its generative AI platform. AdvertisementMeanwhile, two Stanford grads came together to build Mako, a generative AI associate for the private-equity industry. The search tool is the bank's second such generative AI tool, the first being a generative AI developer co-pilot that helps software engineers code more efficiently.

Persons: Goldman Sachs, Blackstone, —, Goldman hoovered, Neema Raphael, Raphael, it's, Morgan Stanley's, Keri Smith, Smith, Jeff McMillan, Gabe Stengel, Stanford grads, It's, Peter Anderson, Familiarizing, Goldman Organizations: Service, Bloomberg, Nasdaq, Goldman, Blackstone, Google, Bank of America's, Accenture, Stanford, Balyasny Asset Management Locations: Wall, OpenAI

☆ King Charles visits Australia as the country puts its republic debate on hold
▼ + stars: | 2024-10-18 | by ( Hilary Whiteman | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +8 min

Lesley Kerl met King Charles in Sydney during his last trip to Australia in April 2018. Pool via Nine NewsAfter Australia, King Charles will head to Samoa to join world leaders at the biennial Commonwealth Heads of Government Meeting (CHOGM), his first as head of the organization. “We’d love to wave goodbye to royal reign,” Nathan Hansford, co-chair of the Australian Republic Movement, told Reuters. The Australian Republic Movement launched a "farewell Oz tour" for King Charles ahead of his visit. He seems to have put that on hold to come out to Australia, as part of the Commonwealth,” McArthur said.

Persons: Australia CNN —, Charles, Camilla, Lesley Kerl, Kerl, King, “, ”, King Charles, there’ll, –, ” Nathan Hansford, Bev McArthur, ” McArthur, She’s, McArthur, Anthony Albanese, lauding, Queen Elizabeth II, Duke, Edinburgh, George Gross, Charles III, Thibaud Moritz, They’ll, Albanese –, Georgina Long, Richard Scolyer –, They’re, Scolyer, King George VI, I’ve, Anne Organizations: CNN’s Royal, Australia CNN, Government, Republicans, Australian Republic Movement, Reuters, The Australian Republic Movement, Commonwealth, Aboriginal, Torres Strait, Sports, Fox, King’s College London, Getty, Canberra, Australian, Torres, Opera, New Locations: Brisbane, Australia, Sydney, Commonwealth, Samoa, Windsor, Normandy, “, Germany, France, Kenya, United Kingdom, New Zealand, Charles, Torres Strait, New South Wales

☆ UBS' Erika Najarian on Amex Q3 results: Seeing some consumer spend trends decelerate
▼ + stars: | 2024-10-18 | 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 EmailUBS' Erika Najarian on Amex Q3 results: Seeing some consumer spend trends decelerateErika Najarian, UBS large cap banks and consumer finance analyst, joins 'Squawk Box' to discuss American Express' quarterly earnings results, strength of consumer spending, and more.

Persons: Erika Najarian Organizations: UBS, American Express

☆ Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
▼ + stars: | 2024-10-18 | by ( Hayley Cuccinello | Emmalyse Brownstein | ) www.businessinsider.com time to read: +7 min

Major banks like Goldman Sachs walloped Wall Street expectations thanks to dealmaking fees. Investment banking has made a comeback, and bigger bonuses are in the cards, too. The biggest banks on Wall Street reported a huge boost in dealmaking fees this quarter after a two-year slump. Investment bank revenue surged 30% on average at Goldman Sachs, JPMorgan, Bank of America, Citigroup, and Morgan Stanley, according to Wells Fargo analyst Mike Mayo. Morgan Stanley's investment bank revenue surged 56% year over year to $1.46 billion, beating Wall Street expectations.

Persons: Goldman Sachs, —, Morgan Stanley, Wells, Mike Mayo, Sharon Yeshaya, Morgan, Global's Nathan Stovall, corporates, Stovall, David Ellison's Skydance, JPMorgan's Jamie Dimon, David Solomon, Mayo, Cole Smead, There's, Jon Gray, anecdotally, Gray, David Stowell, Stowell, I'm, it's, Alan Johnson Organizations: Investment, Service, Wall, JPMorgan, Bank of America, Citigroup, Citi, Mars, Paramount, David Ellison's Skydance Media, Wall Street, Smead Capital Management, Blackstone, Kellogg School of Management, Northwestern University, underwriters, Johnson Associates Locations: Wells Fargo, Mayo

☆ China central bank chief flags more interest rate cuts
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: +1 min

A pedestrian walks past the People's Bank of China headquarters in Beijing, China, on Monday, Feb. 26, 2018. On Oct. 21, the Loan Prime Rate will decrease by 20 to 25 basis points, the official Xinhua news agency quoted Pan as saying. The benchmark seven-day reverse repurchase rate will also be lowered by 20 basis points and the medium-term lending facility rate reduced by 30 basis points, People's Bank of China Governor Pan Gongsheng told a financial forum in Beijing. At the financial forum on Friday, Pan also warned against any illegal fund flows into the stock market. Pan said the two measures were based entirely on market-oriented principles, and the swap facility was not a form of direct financial support from the central bank.

Persons: Pan, Pan Gongsheng Organizations: People's Bank of China, Xinhua Locations: Beijing, China, China's

☆ Why some families will pay $500,000 for Ivy League admissions consulting: 'It’s worth the investment'
▼ + stars: | 2024-10-18 | by ( Jessica Dickler | ) www.cnbc.com time to read: +7 min

Loop Images | Getty ImagesAt the nation's top schools, including many in the Ivy League, acceptance rates hover near all-time lows. For those willing to pay for a four-year, private college, it should be worthwhile, the sentiment often goes. To get into this elite group of schools, many families look for outside help to get a leg up. The vast majority of students come from New York City private schools with household incomes over $1,500,000 according to Howell's account. However, the wealthiest students hailing form the country's top private schools are primarily competing amongst themselves as schools look to build a diversified class.

Persons: Thomas Howell, Howell, Ivy League — Brown, Hafeez Lakhani, Lakhani, they've, Christopher Rim, Covid, — Organizations: Ivy League, Princeton University, Forum Education, Cornell, Dartmouth, Harvard, University of Pennsylvania, Yale, University of Chicago, Massachusetts Institute of Technology, Stanford, Finance, Navy, Command, Rim, Command Education, Test, Christopher, Education, National Association for College, Counseling, National Bureau of Economic Research Locations: York, Columbia, Princeton, Duke, New York, New York City

☆ Half of all global food threatened by growing water crisis, report says
▼ + stars: | 2024-10-17 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +3 min

“The global water crisis is a tragedy but is also an opportunity to transform the economics of water — and to start by valuing water properly so as to recognize its scarcity,” said Ngozi Okonjo-Iweala, Director General of the World Trade Organization and one of the commission’s co-chairs in a statement. With nearly three billion people already in areas experiencing unstable water trends and several cities sinking due to the loss of below-ground water, densely populated areas such as northwestern India, northeastern China and southern and eastern Europe will bear the brunt of global water mismanagement, the report says. “The global water crisis is a ticking time bomb. Even so, a lack of public funds being devoted to water issues by lawmakers around the world will do little to solve the problem. Governments “can’t even react to the symptoms of the water problem, let alone solve the problems if they’re being fiscally strangled,” said UCL's Mazzucato.

Persons: ”, Ngozi, Mariana Mazzucato, we’ve, Mazzucato, Tim Wainwright, “, they’re, UCL's Mazzucato Organizations: World Trade Organization, University College London Institute for Innovation, Purpose, NBC News, OECD, United Nations Locations: India, China, Europe, Netherlands

Ashley Aldous Pangborn, 35, said she was glad friends persuaded her to set up a GoFundMe campaign after Helene filled her family’s Homosassa, Florida, home with 28 inches of water. Ashley Aldous Pangborn and her family have been living in short-term rentals for the last few weeks. Ashley Aldous Pangborn, Homosassa, Fla. GoFundMe’s Hurricane Helene Relief Hub features thousands of fundraisers that it says it has determined are authentic. Ashley Aldous PangbornPangborn said she received the initial $750 relief payment FEMA provides to disaster survivors.

Persons: Helene, Milton, Biden, Donald Trump, crowdfunding, Ashley Aldous Pangborn, Idalia, ” Pangborn, Hurricane Helene, Ashley Aldous Pangborn Pangborn, Pangborn, she’s, “, ”, GoFundMe, who’ve Organizations: Federal Emergency Management Agency, FEMA, Hurricane Locations: Asheville, North Carolina, Florida, Homosassa, Fla, Milton, North Carolina’s, Smoky

The Archdiocese of Los Angeles has reached a historic $880 million settlement over hundreds of child sex abuse claims. The agreement in principle announced Wednesday settles 1,354 child sexual abuse claims, the plaintiffs’ attorney said in a news release. It is the largest single child sex abuse settlement with a Catholic archdiocese. In 2007, the archdiocese settled child sex abuse lawsuits with 500 victims for $660 million. No designated donations to parishes or schools will be used to finance the settlement, the archdiocese said in a statement issued after the settlement announcement.

Persons: ”, Morgan A, Stewart, José H, Gomez, “ Organizations: Catholic, Archdiocese, Angels, Google Locations: Los Angeles, California, “

☆ A tough new EU cyber law is off to a messy start, with many countries failing to adopt the rules
▼ + stars: | 2024-10-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

The EU's NIS 2 cybersecurity directive sets a high benchmark for companies over their internal cybersecurity systems and practices. On Thursday, the new directive officially became enforceable by member states. However, most EU member states have yet to implement NIS 2 in their own respective national laws, meaning that enforcement is likely to be spotty. NIS 2 — or the Network and Information Security Directive 2 — is an EU directive that aims to increase the security of IT systems and networks across the bloc. Fladgate's Wright said that effectiveness of NIS 2 as a regulation will largely depend on consistent implementation and enforcement across EU member states.

Persons: Andrew Brookes, Bulgaria — haven't, Tim Wright, Fladgate's Wright, Chris Gow, Gow, Carl Leonard, Leonard Organizations: Getty, NIS, Research Federation, CNBC, and Information, EU, General Data Locations: Portugal, Bulgaria, EU

☆ Mark Cuban campaigns with Harris in Wisconsin to kick off three-state swing
▼ + stars: | 2024-10-17 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Mark Cuban attends the Round 1 Game 2 of the 2024 NBA Playoffs between the Los Angeles Clippers and the Dallas Mavericks game at Crypto.com Arena on April 23, 2024 in Los Angeles, California. Mark Cuban on Thursday is set to campaign alongside Democratic presidential nominee Kamala Harris in Wisconsin, the first of three swing states the billionaire businessman will visit in support of the vice president's White House bid. Cuban, the "Shark Tank" star and former majority owner of the Dallas Mavericks, will join Harris at events in Milwaukee and La Crosse on Thursday, a Harris campaign official told NBC News. He will head to Phoenix, Arizona, on Saturday to host a talk about Harris' economic agenda. Cuban's swing through the major battlegrounds, first reported by Yahoo Finance, follows his frequent praise of Harris on CNBC and in other media interviews.

Persons: Mark Cuban, Kamala Harris, president's, Harris, Douglas Emhoff Organizations: Los Angeles Clippers, Dallas Mavericks, Crypto.com Arena, Democratic, Cuban, NBC News, Yahoo Finance, CNBC Locations: Los Angeles , California, Wisconsin, Milwaukee, La Crosse, Phoenix , Arizona, Grand Rapids , Michigan

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