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☆ Good news: The ‘hard landing’ forecasters got it wrong
▼ + stars: | 2024-10-07 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

But as we wind down 2024, one thing appears clear: The naysayers on Team Hard Landing got it wrong. The “soft landing” versus “hard landing” metaphor — perhaps overused but visually handy — refers to the economy as an airplane and the Fed as the pilot. Pull the right levers at the right time, and you get a nice comfortable soft landing, with inflation cooling and the labor market thriving. He was far from alone in thinking that a soft landing was little more than a fantasy. “We should just drop the soft landing versus hard landing discourse and start talking about a robust expansion at mid-cycle,” Joe Brusuelas, chief economist at RSM, told Schwab Network in an interview.

Persons: CNN Business ’, everyone’s, ”, Sung Won Sohn, we’d, ” Aaron, “, there’s, Justin Wolfers, Bill Dudley, “ I’ve, Dudley, Larry Summers, they’re, Joe Brusuelas Organizations: CNN Business, New York CNN, Loyola Marymount University, Fed, . Upjohn Institute, Employment Research, ICYMI, Bureau of Labor Statistics —, Federal Reserve Bank of New, Bloomberg, RSM, Schwab Network Locations: New York, Federal Reserve Bank of New York

☆ Adtech is undergoing an exec shake-up as investors seize control and startups enter a new era
▼ + stars: | 2024-10-07 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Louisa Wong stepped down as chief executive of Gamut Capital-owned XR Xtreme Reach in August. In July, Dave Clark left his role as chief executive of Triplelift. Those experts — bankers, adtech executives, and consultants — told Business Insider that the revolving door is likely to continue over the next six months as investors press adtech companies for growth. AdvertisementAs TV viewing grew fragmented, several adtech companies that took on investment in recent years positioned themselves as rivals to ratings giant Nielsen. The increasing complexity for advertisers offers opportunities for adtech companies to innovate.

Persons: —, there's, Louisa Wong, Chandler Bigelow, Doug Knopper, Jo Kinsella, Dave Clark, Triplelift, Eric Roza, Ross McCray, Peter Liguori, Axios, Chris Karl, Blackstone, Mark Wright, Wright, Karl, JEGI, Prohaska's Wright, Nielsen, hasn't, There's, Megan Clarken, Criteo, Domenic Venuto Organizations: CTV, Service, Vista Equity, Vista Credit Partners, Google, Prohaska Consulting, Public, CIL Management, Amazon, Nielsen, Walmart, Progress Partners, Horizon Media

☆ Being a mom of 2 with almost no income during my divorce was terrifying. These are the steps I took to rebuild my finances.
▼ + stars: | 2024-10-07 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

She knew she wanted a divorce but was scared to make the leap because of her finances. Over 12 years of marriage, my ex and I grew apart until I knew we had reached the divorce cliché: irreconcilable differences. Doing something unconventional felt uncomfortable, but I realized I'd have to get uncomfortable to make my new life work. I did freelance writing and created a paid Substack newsletter about divorce that generated a few hundred dollars each month. I'm ending spousal support earlyReceiving spousal support has become contentious as my life moves forward after divorce.

Persons: Jolie Steele, —, I've Organizations: Service Locations: Target

☆ Goldman Sachs upgrades China stocks, sees as much as 18% upside from here
▼ + stars: | 2024-10-07 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The recent stimulus-triggered rally in Chinese stocks could have legs, said Goldman Sachs, whose strategists upgraded the regional equities and projected high double-digit returns. The Wall Street firm hiked its rating on Chinese stocks to overweight from equal weight and raised its 12-month price target on the MSCI China index to 84, implying an upside between 15% to 18%. The announcement prompted massive buying from hedge funds, who piled into beaten-down Chinese stocks like never before. the long-awaited "Beijing put" has been triggered," Goldman strategists said in a note to clients. The iShares MSCI China ETF climbed another 2.7% on Monday, jumping more than 30% from its mid-September low and pushing the fund's 2024 return to more than 40%.

Persons: Goldman Sachs, Goldman, bullish, —, Michael Bloom Locations: China, Beijing

☆ Hera mission will launch to explore asteroid system intentionally hit by NASA DART spacecraft
▼ + stars: | 2024-10-07 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

CNN —A European spacecraft and two shoebox-size satellites are about to launch to survey the aftermath from NASA’s DART mission, which intentionally slammed into an asteroid named Dimorphos and altered its orbit two years ago. The European Space Agency’s Hera mission is expected to lift off aboard a SpaceX Falcon 9 rocket at 10:52 a.m. The spacecraft and its two CubeSat companions are slated to arrive at the asteroid Dimorphos, and the larger asteroid it orbits named Didymos, in late 2026. NASA planned the DART, or Double Asteroid Redirection Test, mission to carry out a full-scale assessment of asteroid deflection technology on behalf of planetary defense. But many questions remain, including whether the DART spacecraft merely left behind a crater or if its momentum completely reshaped Dimorphos.

Persons: NASA’s, Hera doesn’t, ”, Patrick Michel, Hera, Berthier, Santana, Ros, Petrescu, Micheli, Milani, Andrea Milani, Michel said, Dimorphos, Michel, DRACO, ” Michel Organizations: CNN, SpaceX, NASA’s Kennedy Space Center, ESA, NASA, DART, National Centre for Scientific Research, Les, Italy’s University of Pisa, Science Locations: Florida, France, La Réunion, Dimorphos, Giza, Mars, Didymos

☆ The problem — and opportunity — with Wall Street downgrades of Apple and Amazon
▼ + stars: | 2024-10-07 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

A couple of analyst downgrades are making the rounds Monday on megacap stocks that rarely see ratings cuts: Apple and Amazon. At Jefferies, analysts downgraded Apple to a hold but increased the price target to $213 apiece from $205. It also presents a problem for investors who see the downgrades as a reason to sell some shares. After all, you'll be hard-pressed to find companies anywhere more in charge of their own destinies than Apple, Amazon — or any of the Super Six (Meta, Nvidia, Alphabet, Microsoft). Apple and Amazon aren't where they are because of luck, but rather because they make their own luck.

Persons: downgrades, They're, Jim Cramer, I'm, Jim, you've, it's, Philip Fisher, Apple, Jim Cramer's, Michael M Organizations: Jefferies, Apple, CNBC, Apple Intelligence, Wells, Nvidia, Microsoft, Amazon, Jim Cramer's Charitable, Fifth, Santiago, Getty Locations: Wells, New York City

☆ For retirees, here's what to do with required withdrawals when you don't need the money
▼ + stars: | 2024-10-07 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Skynesher | E+ | Getty ImagesFor some retirees, the deadline to take required withdrawals from retirement accounts is approaching — and those who don't need the money have options, experts say. Since 2023, most retirees must take required minimum distributions, or RMDs, from pre-tax retirement accounts starting at age 73. Brokerage assets could be subject to capital gains taxes, whereas pre-tax retirement funds incur regular income taxes. Unlike mutual funds, most ETFs don't distribute capital gains payouts, which can save brokerage account investors on annual taxes. There's no charitable deduction, but QCDs don't count toward adjusted gross income, meaning retirees don't need to itemize tax breaks to claim it.

Persons: Judy Brown, you'll, Berkemeyer, You'll, Karen Van Voorhis, Daniel J, Galli, QCDs, It's Organizations: SC, H, D.C, Abrin, Goodman Financial, Galli & Associates, Galli & Locations: Washington, Baltimore, Houston, Norwell , Massachusetts

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Netflix, Campbell Soup, Gilead, American Express & more
▼ + stars: | 2024-10-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Wells Fargo upgrades Gilead to overweight from equal weight Wells says the biopharma company has an attractive setup. Wells Fargo upgrades Canadian National to overweight from equal weight Wells says it sees "accelerating growth" for the railway company. Barclays downgrades Netflix to underweight from equal weight Barclay says the "growth algorithm is getting more complex." Wells Fargo downgrades Amazon to equal weight from overweight Wells says the "positive revision story [is] on pause for Amazon. JPMorgan upgrades Ally Financial to overweight from neutral and downgrades American Express to neutral from overweight JPMorgan downgraded American Express and says it sees "asymmetric risk."

Persons: Jefferies, Wells, Morgan Stanley, it's bullish, Barclay, NFLX, Piper Sandler, Piper, Mizuho, JPMorgan downgrades Lamb Weston, JPMorgan, downgrades Sherwin, Williams, KeyBanc, Bernstein, Campbell, underperform Bernstein, Coupang, CPNG, Barclays downgrades, Avery Dennison, Garmin, Hershey Organizations: Apple, Apple Intelligence LT, UW, Vertiv Holdings, Coty, Barclays, Netflix, MKSI, Mizuho, JPMorgan, Deutsche Bank, Alliance, Deutsche, UBS, NXP, Express, American Express, Barclays downgrades DuPont, DuPont, Bank of America downgrades Constellation Brands, Bank of America, Constellation Brands, Bank of America downgrades Comerica, of America, CMA, Air Products, Hershey Locations: OW, Gilead, Canada, underperform

View at Amazon What we like Check mark icon A check mark. Includes 4K Blu-ray disc drive to play physical games discs and moviesCheck 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. View at Amazon What we like Check mark icon A check mark.

Persons: We'll, we've, you'll, I'm, we'd, You'll, Apple, LG's, 120Hz, HLG, vacuums, seltzer, shams, Dyson, OmniForce, Bissell, Loren, LQ, It's, I've, Skip Organizations: Business, Amazon Prime, Deal, Apple, Deal Sony, Slim, Alexa, Kindle, Google, Amazon Samsung Galaxy Watch, Galaxy Watch, Amazon Samsung, LG, Sony, Samsung, Amazon, Dolby, HLG Smart, Amazon LG, Chatelet Air, Barista, DELTA, Delta, Dyson, Bissell, REVLON, Revlon, Amazon Braun, Braun Locations: Delsey

☆ Stocks making the biggest moves premarket: Apple, Amazon, Pfizer, Hershey and more
▼ + stars: | 2024-10-07 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

NXP Semiconductor — Shares added 0.8% after UBS upgraded the chipmaker to buy from neutral. Amazon — Shares slumped nearly 2% after Wells Fargo downgraded the e-commerce company to equal weight from overweight, citing slowing growth and competition from Walmart. Pfizer — Activist investor Starboard Value took a roughly $1 billion stake , seeking a turnaround at the struggling company, sources told CNBC. American Express — The financial services stock fell more than 1% after JPMorgan downgraded shares to neutral from overweight. Ally Financial — The financial services stock added 1.4% on the back of a JPMorgan upgrade to overweight from neutral.

Persons: Jefferies, Wells, Coty, Ashley Helgans, Bernstein, headwinds, Ally, Yun Li, Samantha Subin, Alex Harring, Pia Singh, Michelle Fox Organizations: —, Semiconductor, UBS, Walmart, Pfizer —, CNBC, Jefferies, Hershey, American Express, JPMorgan, Wynn Resorts, United Locations: Wells Fargo, underperform, GLP, United Arab Emirates

☆ Cissy Houston, Grammy-winning singer and mother of Whitney Houston, dead at 91
▼ + stars: | 2024-10-07 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —Cissy Houston, Grammy-winning singer and mother of Whitney Houston, has died, according to Gwendolyn Quinn, a representative for The Estate of Whitney E. Houston. “Mother Cissy has been a strong and towering figure in our lives. Whitney Houston died in 2012 at the age of 48. Cissy Houston was also the mother of sons Gary and Michael and the grandmother of her several grandchildren, according to her biography. Her granddaughter Bobbie Kristina Brown, died three years after her mother Whitney at the age of 22.

Persons: CNN — Cissy Houston, Whitney Houston, Gwendolyn Quinn, Whitney E, ”, Pat Houston, Cissy, Emily Drinkard, Cissy Houston, Delia Mae Drinkard, Houston, Anne, Larry, Nicky, Lee, Marie, Anne Drinkard, Lee’s, Judy Clay, Dee Dee Warwick, Dionne Warwick, Houston’s nieces, Aretha Franklin, Dusty Springfield, Esther Phillips, Lou Rawls, Otis Redding, Solomon Burke, Wilson Pickett, Franklin, Bette Midler, Beyoncé, Burt Bacharach, Carly Simon, Chaka Khan, David Bowie, Elvis Presley, Jimi Hendrix, Gary, Michael, Bobbie Kristina Brown, Whitney, ” Pat Houston’s, “, Bobbi Kristina Organizations: CNN, The, Whitney, Houston, Newark Public School, New Hope Baptist Church, Sacred Music, Carnegie Hall, Newport Jazz, Webster, RCA Records Locations: Cissy, Newport , Rhode Island, New York City, ”, Cissy Houston

☆ Walmart-owned Sam's Club tests a future without checkout lines
▼ + stars: | 2024-10-07 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +5 min

Sam's ClubGRAPEVINE, Texas — When shoppers walk into Sam's Club's newest store, they'll soon see a shiny blue Mercedes-Benz SUV, a sectional sofa and zero checkout lanes. Sam's ClubSince Walmart's founder Sam Walton opened the first Sam's Club in 1983, the membership-based club has become the more tech-savvy arm of its retail-behemoth parent. Nicholas said upon its reopening, the location will become a testing ground for Sam's Club's newest features and emerging technology. Sam's Club and Costco have roughly the same number of U.S. clubs, but Costco pulls in about twice as much annual revenue. Sam's Club also opened The Clubhouse in August, an approximately 37,000-square-foot office building across from the retailer's headquarters in Bentonville, Arkansas.

Persons: they'll, Chris Nicholas, Sam Walton, It's, Nicholas, you've, Peter Keith, Piper Sandler, — Organizations: Benz, Walmart, Sam's Club, Club, Costco, Sam's, Costco Costco, Costco's U.S Locations: Dallas, GRAPEVINE , Texas, Bentonville , Arkansas, U.S, Grapevine

☆ My wife and I gave up $1 million in Big Tech pay to move from California back to India. I couldn't find purpose in the US.
▼ + stars: | 2024-10-07 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

AdvertisementThis as-told-to essay is based on a conversation with Nithin Hassan, who moved from California to Bengaluru, India, in 2023 to launch his startup. I grew up in and around Bengaluru, India, in the late 1990s and 2000s. I got married in 2013, and my wife also worked in Big Tech in the US. My wife is still working at a Big Tech company and spends much more time commuting than she did back in the US. Did you leave Big Tech to pursue a career in a completely different field?

Persons: Nithin Hassan, Hassan, —, We've Organizations: Meta, Service, Cisco, Amazon, Microsoft, Big Tech Locations: California, Bengaluru, India, Big, Bay

It has a price target of $68, implying more than 1% downside from Friday's close. — Sean Conlon 5:41 a.m.: Jefferies downgrades Apple Oversized expectations for the iPhone could hurt of Apple lower, according to Jefferies. Analyst Edison Lee downgraded the stock to hold from buy, and his price target of $212.92 implies more than 6% downside from Friday's close. His price target of $800, up from $650, implies upside of 11.2% from Friday's close. He kept his $550 price target unchanged, implying downside of more than 23%.

Persons: Piper Sandler, Jefferies, Bernard von, Gizycki, — Sean Conlon, Wells, Ken Gawrelski, Fred Imbert, JPMorgan downgrades Lamb Weston, Lamb Weston, Ken Goldman, Goldman, Edison Lee, Lee, Matt Farrell, Farrell, Kannan Venkateshwar Organizations: CNBC, Netflix, Apple, Alliance, Western Alliance, Deutsche Bank, WAL, Amazon, North America Retail, JPMorgan, U.S, Jefferies, AP, Barclays Locations: Wells Fargo, Europe, Friday's

☆ Wells Fargo downgrades Amazon on slowing growth expectations, Walmart competition
▼ + stars: | 2024-10-07 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The good times for Amazon may be over for now, according to Wells Fargo. "Amazon is likely still a solid margin expansion story over the long term," he added. "But as Amazon management has said multiple times, margin expansion won't be linear. We, and market consensus, likely became a bit exuberant in our extrapolation of margin expansion trends in 2023 and early '24 to '25 and beyond forecasts." "In addition to cheaper fulfillment pricing than Amazon, Walmart can match Prime's shipping speeds.

Persons: Ken Gawrelski, Gawrelski, Amazon's Organizations: North America Retail, Amazon, Services, Walmart Locations: Wells Fargo, Friday's, SPX

Target Circle Week is here, offering discounts across categories like home, tech and kitchen. Below, I rounded up the best Target Circle Week deals, all of which are highly rated and at least 20% off. SKIP AHEAD Best Target Circle Week deals | More Target Circle Week sales to shop | Best sales at other retailers | How I picked the best Target Circle Week | Why trust NBC Select? Best Target Circle Week salesHere are the best Target Circle Week sales to know about. Best sales at other retailers right nowHow I found the best Target Circle Week dealsAll of my recommendations above are based on NBC Select’s previous coverage and reporting.

Persons: fryer, Cory Fernandez, TikTok Organizations: Circle, Amazon, NBC, Target Hatch, Apple, EA Sports, Xbox, PlayStation, Facebook, Twitter

☆ Food poisoning dangers are real after severe weather. Here’s how to protect yourself
▼ + stars: | 2024-10-06 | by ( Aj Willingham | ) edition.cnn.com time to read: +5 min

When the power goes out, it’s a race against time to make sure food doesn’t spoil. “Bacteria multiply quickly between temperatures of 40 degrees Fahrenheit and 140 degrees Fahrenheit,” CNN wellness expert Dr. Leana Wen told CNN. Once the power is cut, a full freezer can hold a safe temperature for 48 hours with the door closed. They should also be kept in separate areas of the refrigerator any day of the week, regardless of the weather. If you are in one of these high-risk groups, the CDC recommends paying special attention to food safety procedures when buying, preparing, cooking and storing your food.

Persons: it’s, Leana Wen, ”, –, Bill Marler, ” Marler, they’re, Don’t, Hurricane Helene, Bryan Olin Dozier, Wen, Marler Organizations: CNN — Hurricanes, US Centers for Disease Control, CDC, CNN, Press Locations: Seattle, CJ's, Lansing , North Carolina

☆ Amazon's Prime Big Deals might surprise you this October
▼ + stars: | 2024-10-06 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

It shows how Amazon is expanding holiday sales — and trying to get Prime members to buy more. AdvertisementMany of the deals that Amazon is advertising for its Prime Big Deal Days this month aren't your typical holiday gifts. To be sure, the company describes the sales event as "epic deals ahead of the holiday season" (note the "ahead" here). It added the fall version in 2022 (though Prime Day 2020 also took place in October that year due to delays from the pandemic). Walmart's Holiday Deals sale starts on October 8, the first day of Prime Day, and runs through October 13.

Persons: —, Luc Wathieu, Wathieu, Dyson, Barbie, Lowe's, Canaves Organizations: Deal, Walmart, Service, Apple, Georgetown University's McDonough School of Business, Amazon, Business, Home Depot, July's Locations: Emarketer, Amazon

☆ Issa Rae Reveals Skills That Made Her Profitable, Red Flag in Business
▼ + stars: | 2024-10-06 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +9 min

"Insecure"/HBO"I'm a coffee shop girl," the LA native told Business Insider in September during New York Fashion Week. I'm braving myself for the day," Rae continued. "A red flag is just the sensitivity; you can always tell when people aren't being honest with you." Advertisement"The first day will always be spent procrastinating or finding things wrong and reasons I can't start, and I need to allow for that day," Rae added. "So, I recognize the perfect amount of time is three days, and by that third day, I'm off."

Persons: Issa Rae's, Issa Dee, It's, millennials, Rae, Justin Bieber, Chloe, Halle, Issa Rae, Rae friended, Barbie, Max, Gallo, Hannah Diop, I'm, I've, Deniese, that's, Deniese Davis, Davis, Rae's, She's, Talitha Watkins, she's, Z, it's Organizations: LA, Business, New York, YouTube, Facebook, Atlanta Records, WarnerMedia, Sienna Naturals Locations: Inglewood, Los Angeles, The, SoHo, New, Hilltop, California, San Francisco, LA, Miami

☆ Blue Origin CEO says he wants to bring Amazon's customer-centric culture to Bezos' space rocket company
▼ + stars: | 2024-10-06 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Jeff Bezos' space rocket company, Blue Origin, has long lagged behind Elon Musk's SpaceX. He is also looking to the November launch of its New Glenn rocket to prove it can compete. AdvertisementJeff Bezos started his Blue Origin rocket company with a mission to make flying to space so cheap it would open up a new era of "entrepreneurial dynamism." Related storiesLimp said boosting engine production and successfully launching the company's signature New Glenn rocket were its two main goals for 2024. Blue Origin did not immediately return a request for comment from Business Insider.

Persons: Jeff Bezos, David Limp, —, Elon, Limp, Glenn, We've Organizations: Elon, SpaceX, Service, Origin, CNBC, Business

☆ There’s too much negativity about the stock market. Focus on these 3 positives instead
▼ + stars: | 2024-10-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. We hear about OpenAI and its brilliant $167 billion valuation , but we don't see any stock available to public-market investors. I have been furious at myself for thinking the Chinese government couldn't do anything about the country's struggling stock market. The Chinese stock market has been rallying nicely since the stimulus announcements. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Elon Musk, he's, isn't, Carl Quintanilla, David Tepper, holler, That's, that's, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Federal Reserve, Walmart, Fed, SpaceX, Nike, Walgreens, CVS Health, Club, GE Healthcare, Wynn Resorts, Chinese Communist Party, Apple, PDD Holdings, JD.com, Baidu, Diamondback Energy, Exxon Mobil, CNBC, New York Stock Exchange, Getty Locations: U.S, China, —, New York City

☆ America's trade war is coming for Gen Z's favorites
▼ + stars: | 2024-10-06 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

Many Gen Zers purchase cheap goods from the Chinese e-commerce companies Shein and Temu. The Biden administration is taking steps to make more Chinese imports subject to import fees. AdvertisementTwo of Gen Z's favorite shopping platforms for cheap goods could get more expensive in the near future. The trade provision, called "de minimis," allows US consumers to avoid paying these import fees on direct-to-consumer shipments of less than $800. However, import fees could vary by product.

Persons: Biden, —, Gen, Chad Schofield, wouldn't, it's, — Schofield, Kaziukėnas, Joe Biden's, Xers, Temu, Schofield, Donald Trump, Kamala Harris, Shein, he'd, Temu It's, they'd Organizations: Service Locations: Shein, China, Canada, Mexico

☆ How companies can ease the strain on employees taking care of elderly parents or ill family members
▼ + stars: | 2024-10-06 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

CNN —Taking care of an elderly parent or seriously ill spouse or family member can be physically and emotionally draining — and expensive for the caregiver in more ways than one. While employers have been expanding their benefits to help employees start families and more easily care for their children, they are now thinking more holistically about what it means to support employees’ family lives, including benefits for things like elder care, Izbicki said. Fuller constructed a return-on-investment model to assess the value of providing caregiving benefits. Given the high cost of replacing employees, reducing turnover can mean the cost of providing caregiving benefits will more than pay for itself. Protecting caregivers’ financesWorking caregivers navigate a lot: Finding doctors, heath care aides and assisted living facilities or nursing homes.

Persons: caregiving, ”, Melinda Izbicki, Mercer, Izbicki, Joseph Fuller, Fuller, ” Fuller, Danielle Miura, Miura, ” Miura Organizations: CNN, AARP, National Alliance for Caregiving, Harvard Business School Locations: United States

☆ An analyst upgraded Morgan Stanley to a buy. Why we're not ready to follow suit
▼ + stars: | 2024-10-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Dealmaking activity has picked up, but it's not been enough to fully unlock Morgan Stanley shares. Morgan Stanley ended Friday within a dollar of its all-time closing high of $108.73 reached back in February 2022. Friday's positive developments are welcome news – but not enough to add clarity on our path forward for Morgan Stanley. For the time being, the Club is taking a wait-and-see approach with Morgan Stanley stock. If there is a surge in IPO and M & A activity that HSBC forecasted, Morgan Stanley is well-positioned to benefit.

Persons: Morgan Stanley, Jim Cramer, Morgan Stanley's, Jim, Goldman Sachs, it's, Wells, We're, Morgan, Banks, Dan Simkowitz, Jim Cramer's, Bing Guan Organizations: HSBC, KBW, CNBC, Bloomberg, Getty

The company launched its first Amazon Go convenience store featuring a new kind of technology, called "Just Walk Out." In 2020, the company began licensing Just Walk Out technology to third parties, signing on retailers in stadiums, airports and hospitals. The company discontinued some of its retail chains, closed eight Amazon Go stores, and hit pause on new Fresh store openings. While it's no longer featuring Just Walk Out as prominently in its own stores, Amazon says it has inked deals with a growing list of customers. Amazon in July updated the AI system behind its Just Walk Out technology to handle all the inputs in a store simultaneously.

Persons: Jeff Bezos, Charlie Rose, Bezos, Andy Jassy's, It's, Jordan Berke, Berke, Walmart's, Jon Jenkins, Jenkins, Amazon's, CNBC Jenkins Organizations: Amazon, Foods, Anadolu, Getty, Bloomberg, Walmart, Kroger, Target, CNBC Locations: San Mateo , California, United States, China, Seattle , Washington, Amazon's Seattle

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