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☆ Our bend-don't-break economy is reaching its limit
▼ + stars: | 2024-08-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, interest-rate cuts are almost certainly coming, but the relief won't be felt immediately . The big storyCrash landingKevin Dietsch/Getty, Tyler Le/BIOur bend-don't-break economy might finally have reached its limit. After a year of resiliency in the face of high interest rates, the cracks are showing in the US economy. But it's not a silver bullet, and the rate cut's effect will take time to make its way through the economy.

Persons: —, Kevin Dietsch, Tyler Le, it's, Chelsea Jia Feng, Claudia Sahm, Madison Hoff, McDonald's, Jared Siskin, Bobby, Jordan Grumet, Justin Best, Brian Stauffer, Michal Kosinski, Rob Price, sompong, Seng kui Lim, Getty, Joe Biden's, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Relief, Getty, Fed, Amazon, Big Tech, Madison, Park Conservancy, Citadel, FIRE, Union Square Advisors, Nvidia, America Locations: resiliency, Central, Switzerland, Canada, Park, Paris, New York, London

☆ How Gen Zers can beat negative stereotypes in a tough job market
▼ + stars: | 2024-08-05 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

Read previewEveryone is likely to face challenges early on in their career, but Gen Zers feel they're discriminated against — largely because of their age. Gen Zers are seen as the cohort most likely to write their résumés and cover letters with the help of ChatGPT and other AI services. A Gen Z creator was the first to coin the term " lazy-girl job." The workforce's expectations are shifting; it's not just the impact of "Gen Z particulars," she added. "I applied to hundreds of roles before landing a job at Applied, which eventually led to my becoming CEO," she said.

Persons: —, Gen, Khyati Sundaram, Sundaram, Gen Zers, they've, Gen Z, it's, Zers, There's Organizations: Service, Business, Times

Chase Sapphire Reserve® OverviewThe Chase Sapphire Reserve® is one of the best travel rewards credit cards of all time. Chase Sapphire Lounges will be available to Chase Sapphire Reserve® cardholders and all Priority Pass members. Chase Sapphire Reserve® vs. Chase Sapphire Preferred® CardIf you're trying to decide between the Chase Sapphire Reserve® and Chase Sapphire Preferred® Card, you'll want to decide if each card's annual fee is justified based on your travel and spending habits. Chase Sapphire Reserve® Cardholder InsightsAs part of our analysis of the Chase Sapphire Reserve®, we've considered discussions across various forums, including notable mentions on Reddit and FlyerTalk. Chase Sapphire Reserve® Frequently Asked QuestionsWhat credit score do you need to get the Chase Sapphire Reserve®?

Persons: Chase, Chase Travel ℠, you'll, Sapphire, John F, Chase Sapphire, You'll, Uber Cash, we've, you'd, you've, they'll, David E, David, —, Read, Katherine Fan, Katherine, Guy, Fortune, Katherine moonlights, she's, She's, Angela Fung Organizations: Business, American, Chase, Chase Travel, Sapphire, Chase Sapphire, TSA, FDIC, Chase Dining, American Express, Hong Kong International Airport, New, Kennedy, LaGuardia, Rental Insurance, Avis, Avis , National, Emergency, Transportation, Sapphire Reserve, Reserve, Capital, Venture, Centurion, overpaying, Yorker, Muhlenberg College, University of Edinburgh, Twitter, Finance, Cards, CNN, Forbes, Wall, Dallas Morning News, Newsweek, Nasdaq, MSN, Yahoo, SXSW, Austin American, Statesman, University of Texas, National Taiwan University Locations: DoorDash, airfare, Boston, Austin, Canada, Avis ,, Seattle, Redbird, Los Angeles, Healdsburg , California, New York City, Chicago, Reddit, Dallas , Denver, Dulles, Las Vegas, New York, Hong Kong, Chevron, There's, Slotnick, Scotland, orcas, Antarctica, Japan, New Zealand, South Africa, Taiwan

☆ The 'House of the Dragon' season 2 finale introduces a mysterious new character. Here's who Brynden Rivers AKA Lord Bloodraven is and what happens to him in the books.
▼ + stars: | 2024-08-05 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

Brynden Rivers/Lord Bloodraven in the "House of the Dragon" season two finale. Sydow's character also doesn't have the same red birthmark on his face as Brynden does in "House of the Dragon." It's possible this could be explained in "House of the Dragon" with the idea that the Three-Eyed Raven simply managed to change his appearance over time. Shortly after, the Night King and the White Walkers assault the cave where the Three-Eyed Raven lives. It's not clear whether Brynden/the Three-Eyed Raven will suffer the same fate in Martin's future books.

Persons: —, Daemon Targaryen, Matt Smith, Brynden Rivers, Bloodraven, Alys Rivers, Gayle Rankin, Daemon, White, Daenerys Targaryen, Emilia Clarke, Westeros, Targaryen, Emma D'arcy, Lord Bloodraven, HBO Brynden, He's, King, King Aegon IV, Rivers, George R, Bran Stark, Crow, Max von Sydow, Isaac Hempstead Wright, Max Von Sydow, Stark, Raven, Bran, Martin hasn't, Jon Snow, Kit Harington, Lyanna Stark, Prince Rhaegar Targaryen, Ellie Kendrick Organizations: Service, Business, HBO, White, King Aegon, White Walkers Locations: Brynden, Alys, Harrenhal, Rivers, Brynden Rivers

☆ Trump blames Harris, Biden for stock market meltdown after taking credit for past upswing
▼ + stars: | 2024-08-05 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

U.S. Vice President Kamala Harris and Republican presidential nominee and former U.S. President Donald Trump. Republican presidential nominee Donald Trump on Monday blamed Vice President Kamala Harris for the stock market's dramatic plunge, months after claiming he deserved credit for the market's then-record upswing. The night before, as Asian markets fell dramatically, the former president wrote, "STOCK MARKETS CRASHING. "THIS IS THE TRUMP STOCK MARKET BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN," he wrote on Truth Social that month. "To take us back to a time when insurance companies had the power to deny people with preexisting conditions," the vice president said.

Persons: Kamala Harris, Donald Trump, Kamala, Crooked Joe, Trump, Harris, KAMALA DOESN'T, BIDEN, Joe Biden, Mark Zandi, Zandi, Biden, We're, CNBC's Kevin Breuninger Organizations: Republican, Monday, Democratic, Dow Jones Industrial, TRUMP, BIDEN, WIN, CNBC, CBS, Trump Locations: United States, Atlanta, Georgia, America

☆ Helaena Targaryen has a target on her back by the end of 'House of the Dragon' season 2. Here's what will happen to her if the show follows the book.
▼ + stars: | 2024-08-05 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewWarning: Major spoilers ahead for "House of the Dragon" season two and the book "Fire and Blood." Theo Whitman/HBOIn the book, Helaena has three children instead of two. Like in the TV show, Jaehaerys is killed early in the war after Daemon sends assassins into King's Landing. AdvertisementIn the book, Rhaenyra takes over King's Landing, taking Helaena and her mother as prisoners. Rhaenyra could also betrayAlicent after conquering King's Landing and not allowing Alicent or Helaena to leave the city.

Persons: —, George R, Martin, Phia Saban, Westeros, Tom Glynn, Carney, Helaena, Aemond, Ewan Mitchell, Emma D'Arcy, Jaehaerys, Olivia Cooke, Halaena's, Theo Whitman, Daemon, Rhaenyra, Maelor, Alicent, Ollie Upton, Daemon Targaryen, Matt Smith Organizations: Service, Aegon, Business, HBO, King's Locations: Bitterbridge, Helaena

☆ San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
▼ + stars: | 2024-08-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Mary Daly, president of the Federal Reserve Bank of San Francisco, during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Friday, Feb. 16, 2024. San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this year but declined to provide a timetable or the extent to which the central bank will ease. At their meeting last week, Fed officials provided some hints that lower rates are coming but were short on specifics. Earlier in the day, Chicago Fed President Austan Goolsbee told CNBC that the central bank's "restrictive" rates policy doesn't make sense if the economy isn't overheating, which he said it is not. If there are trouble signs with the economy, Goolsbee said the Fed will "fix it."

Persons: Mary Daly, Daly, we've, Austan Goolsbee, Goolsbee Organizations: Federal Reserve Bank of San, National Association of Business Economics, San Francisco Federal, Market, Chicago Fed, CNBC Locations: Federal Reserve Bank of San Francisco, Washington , DC, Hawaii

☆ A key Obama-era strategist says Kamala Harris may be riding the hype wave, but it's still Trump's race to lose
▼ + stars: | 2024-08-05 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Former Obama advisor David Axelrod says, "it's absolutely Trump's race to lose right now." "Everybody should be sober about that on the Democratic side," Axelrod told CNN. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Axelrod told CNN's Jessica Dean in an interview on Saturday that Democratic supporters may be getting ahead of themselves if they think Harris is a shoo-in this November.

Persons: Biden, Harris, David Axelrod, Axelrod, —, Kamala Harris, Donald Trump, CNN's Jessica Dean Organizations: Democratic Party, Democratic, CNN, Service, Business

☆ Summer is ‘high season’ for flight delays. Here’s what travelers need to know
▼ + stars: | 2024-08-05 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Ironheart | Moment | Getty ImagesThe summer travel season is in full swing, often bringing more flight delays and cancellations. 'High' season for flight delays and cancellationsMid-June to the end of August typically marks "high season" for flight disruptions, Napoli said. "This summer will see more planes in the skies, frequent bad weather, and increased use of the nation's airspace," according to a Federal Aviation Administration webpage about summer travel. What Taylor Swift's The Eras Tour says about 'passion tourism'5 ways to maximize your vacation days More broadly, airline compensation policies vary for delays and cancellations. A recent spate of delays and cancellations related to a global IT outage was deemed a "controllable" event, for example.

Persons: Eric Napoli, Napoli, Hayley Berg, Biden, Taylor Organizations: Federal Aviation Administration, FAA, U.S . Department of Transportation, Consumers, Finance, Transportation, Airlines, Microsoft, Passengers, Union Locations: U.S, Europe

☆ Why JD Vance's plan to follow Kamala Harris and her VP pick on their swing-state tour is a big gamble
▼ + stars: | 2024-08-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Enter Vance, who wants to halt any sort of sustained momentum for Harris as she stumps with her eventual vice presidential pick. The senator is seemingly aiming to get ahead of the news cycle to blunt a potential Democratic vice presidential honeymoon period. Harris will use her tour to blitz battleground states and introduce her running mate to voters. Megan Varner/Getty ImagesSo Vance's plan to lay into Harris and her running mate will be a tricky balancing act. Some voters will applaud Vance's shadow tour of Harris' vice presidential rollout, while others will view it as a stunt.

Persons: —, Kamala Harris, Ohio Sen, JD Vance, Harris, Vance, Joe Biden's, he'll, Donald Trump, Biden, souring, Trump, MAGA, haven't, Megan Varner, doesn't, Josh Shapiro, Tim Walz, she'll, Shapiro, Walz — Organizations: Service, Democratic, GOP, Business, Politico, Biden, Republican, Republican National Convention, Democratic Party, CNN, Minnesota Gov, Republicans, Medicare Locations: Philadelphia, Detroit, Eau Claire , Wisconsin, Raleigh , North Carolina, Ukraine, Ohio, Francisco Bay

☆ Here are all the reasons why Monday's major market wreck is happening
▼ + stars: | 2024-08-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. "The market got a little bit ahead of itself in that run-up that it's had. Soon, traders began pricing in aggressive Fed rate cuts after expecting the central bank to do little the rest of the year. "This is the confluence of a very high market that has been soaring and riding on a lot of sentiment and emotion. For several months now, the momentum trade has been the successful trade," said Michael Farr, CEO of Farr, Miller & Washington.

Persons: Spencer Platt, Robert Teeter, it's, John Belton, —, Kamala Harris, Republican Donald Trump, Michael Farr, Farr Organizations: New York Stock Exchange, Getty, Federal Reserve, Silvercrest Asset Management, Dow Jones, Labor Department, Gabelli, Bank of Japan, Nvidia, Democratic, Republican, Miller & Washington Locations: New York City, cumulatively, Ukraine, U.S

☆ Chicago Fed President Goolsbee says if economy deteriorates, Fed will 'fix it'
▼ + stars: | 2024-08-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in the economy and indicated that interest rates could be too restrictive now. Policymakers have been focused on the "real" fed funds rate, which is the Fed's benchmark minus the inflation rate. As inflation declines, the real rate increases — unless the Fed chooses to cut. The real rate now is around 2.73%; Fed officials judge the long-term real rate to be closer to 0.5%. Traders expect the Fed to slice 1.25-1.5 percentage points off the funds rate by the end of the year, according to the CME Group's FedWatch Tool.

Persons: Austan Goolsbee, Goolsbee, nonfarm, I'm, we're Organizations: Chicago Federal, Dow Jones, Fed, Labor Department, Traders

☆ A couple's counselor has been married for 52 years. These are her top relationship secrets.
▼ + stars: | 2024-08-05 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

Now, at 72 and 73, the couple — who work together as relationship counselors — has 52 years of marriage behind them. This story is available exclusively to Business Insider subscribers. "We called it our 'power struggle phase,'" she told Business Insider. She said her bond with her husband strengthened after he told her about his strained relationship with his mother. Do you have an interesting story about your relationship that you'd like to share with Business Insider?

Persons: —, Barbara Grossman, Michael Grossman, Dr, Grossman, Michael, togetherness Grossman Organizations: Service, Business

☆ The S&P 500 is down 7.5%—but if you're worried about it, 'you shouldn't own stocks,' says Warren Buffett
▼ + stars: | 2024-08-05 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

U.S. stocks fell sharply Monday as part of a global selloff fueled by mounting recession fears among investors. Further roiling global markets is unusual currency trading out of Japan. The S&P 500 — a measure of the broad U.S. stock market — was down about 2% in early trading, putting it 7.5% below the index's all-time high close on July 16. In fact, you'd be wise to ignore short-term ups and downs in the stock market altogether — at least according to Buffett. "If you're worried about corrections, you shouldn't own stocks," Buffett said in a 2015 interview with The Street.

Persons: Warren Buffett, Berkshire Hathaway, you'd, Buffett Organizations: Federal Reserve, Berkshire, Apple, Treasury Locations: Japan, Omaha

☆ See inside the first private-jet version of the Boeing 737 Max. The extravagant plane is worth over $100 million and has a bar, two bedrooms, and huge showers.
▼ + stars: | 2024-08-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

The first Boeing 737 Max to be converted to a business jet was on display at EBACE. Go to newsletter preferences Thanks for signing up! AdvertisementThe Boeing 737 Max doesn't have the best reputation. Yet while it is outsold by the Airbus A320neo, the 737 Max still remains popular with customers. This story is available exclusively to Business Insider subscribers.

Persons: Max, —, Max doesn't Organizations: Boeing, Boeing Business Jets, Service, Alaska Airlines, Airbus, Business

☆ Stop Trying to Optimize Everything; Key to Happiness Is Being Average
▼ + stars: | 2024-08-04 | by ( Emily Stewart | ) www.businessinsider.com time to read: +13 min

The laws of capitalism say we have to constantly be on the move — work hard, play hard, consume hard, rinse and repeat. In an age where you're supposed to optimize everything, maybe it's fine to just be … fine. "You really do need to work hard and earn a lot (or inherit a lot) to live in decent material conditions in these contexts," he said. Related storiesAs the old saying goes, money doesn't equal happiness (though I have a hard time believing it doesn't help). "There's a hell of a lot of people who are really going to be normal or average, ordinary.

Persons: Thomas Curran, we're, Curran, Avram Alpert, Alpert, Barry Schwartz, Swarthmore College who's, Schwartz, Nathan Cheek, We're, doesn't, influencers, You've, Taylor Swift, Kelly Goldsmith, Jamie Ducharme, Goldsmith, they've, —, isn't, it's, Beyoncé, Emily Stewart Organizations: London School of Economics, Swarthmore College, Purdue, YouTube, Vanderbilt University, American Psychological Association, Ivy League ., Business Locations: America, Greece

☆ After various degrees and a brain injury, I owe $150,000 in student loans. The lawsuits and election only make it worse.
▼ + stars: | 2024-08-04 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +6 min

I wasn't prepared for the reality of my teaching salary or complicated nature of interest on student loans. I'm 35 now and have a long, winding history with my student debt, from income-driven repayment plans, to in-school deferments, to the SAVE plan, which an appeals court just blocked. And with the lawsuits and delays, my $150,000 of worth of debt in private and federal loans is now in limbo. AdvertisementThe lawsuits feel political to me, but I just don't see why politicians are interested in hindering my ability to survive. The election looms before me, with my financial future depending on who occupies the White House and how they feel about student debt.

Persons: Shanna Hayes, I'd, wasn't, I've, deferments, —, it's Organizations: Service, New England College, SAVE, House Locations: New York, New Hampshire

☆ U.S. expat who's lived in Italy, France and more: If you want to move to Europe, here's my best advice
▼ + stars: | 2024-08-04 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Take it from Alex Ingrim, who's originally from Washington, but left the U.S. to study in France, where he met his now-wife, Louisa. Over the last 17 years, Ingrim, 36, has lived in France, Canada, the UK, Malta and now Italy. That's the minimum amount of time you'll need to start shopping and doing chores like you live there, Ingrim says. "If you go for two weeks, you're not really fully going grocery shopping," he says. "Try to understand the realistic budget for how you live," Ingrim says.

Persons: Alex Ingrim, who's, Louisa, He's, Chase Buchanan, Here's, del, Ingrim, Ingram Organizations: Chase Buchanan USA, CNBC Locations: Washington, U.S, France, Canada, Malta, Italy, Florence, Europe, del Sol, Spain, Cyprus

☆ JD Vance, Donald Trump's running mate, suggests the VP pick 'doesn't really matter'
▼ + stars: | 2024-08-04 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

JD Vance has seemingly downplayed the role of a vice presidential nominee. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump's running mate for the 2024 presidential election has said that the role of a vice presidential nominee "doesn't really matter." Vance made the comment while speaking on an episode of the Full Send Podcast that aired on Friday. "My attitude is, it doesn't really matter, as much as this is a hit to my ego," Vance said.

Persons: Vance, Trump, Kamala Harris, —, Donald Trump's, doesn't, Donald Trump, she'd Organizations: Service, Business

☆ How sustainable diaper brand Kudos is taking on industry giants — with a Target rollout
▼ + stars: | 2024-08-04 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

Still, plastic diapers from mega brands like Procter & Gamble -owned Pampers and Kimberly-Clark -owned Huggies continue to dominate the market. Kudos Diapers Courtesy: HatchMark StudioIn the three years since its launch, Kudos has raised more than $6 million in funding. Reduce the globe's reliance on fossil fuels by building out new supply chains and developing sustainable products that are just as effective – if not better – than competitors. Even sourcing natural materials for use instead of plastics would be challenging for larger companies because of their scale, Saigal said. The reality is, when natural materials become cheaper than plastic," she said.

Persons: Amrita Saigal, Clark, it'll, Saigal, it's, They're, Pampers Organizations: Environmental Protection Agency, Procter, Gamble, Massachusetts Institute of Technology, CNBC, Precursor Ventures, Xfund, Oversubscribed Ventures, MIT Locations: Kimberly

For Love & Money is a weekly Business Insider column answering relationship and money questions. Write to For Love & Money using this Google form. With the right travel rewards credit card, you can earn points that can go towards your next big trip. If you pay off bills with a portion of your inheritance, use your travel card to do it and earn those sign-on bonuses. Then, once you've reached your destination, use your card for all your purchases and allow your travel now to pay for your travel later.

Persons: —, Smart, Justin Rush, Rush, Mona Lisa, you've, it's, That's, doesn't Organizations: Service, TED, Facebook Locations: Tanzania, Fiji

☆ The stock market is in no man's land. Here's what investors should expect next
▼ + stars: | 2024-08-04 | by ( Jim Cramer | ) www.cnbc.com time to read: +16 min

Anything above 4% indicates the market is overbought, anything below a minus 5% means the market is oversold.) I am just prematurely predicting other investors fleeing the stock because they think Warren knows more than them. Many investors thought that Amazon was the best set up of the Mag Seven going into earnings. We are right smack in a most perilous moment because the Fed doesn't want to move too fast but the stock market does and the Fed does not care about that. I don't think a presidential election is all that conducive to the market.

Persons: Warren Buffett's Berkshire Hathaway, Apple, Warren, That's, Buffett, Tim Cook, Cook, Carl Icahn, I'd, Donald Trump, don't, Jerome Powell, Meta, It's, Pat Gelsinger, Andy Grove, Gelsinger, Craig Barrett, that's, Pat, Let's, Mark Zuckerberg, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Dow, of America, Apple, Microsoft, Bank of America, Amazon Web Services, Investors, Comcast, Walgreens, CVS, Federal, whimpers, Amazon, Nvidia, Meta, Intel, Lenovo, Dell, HP, CNBC, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: Friday's, China, —, Wells, U.S, humorless, Taiwan, Brookfield, Arizona, NBCUniversal

☆ A Gen Xer who 'retired' at 45 shares how the FIRE movement and side hustles helped him grow his savings to over $6 million
▼ + stars: | 2024-08-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

I stopped spending money on things that weren't of value to me." Side hustles and investing in retirement can boost one's savingsOver the past decade, Grumet has padded his savings through various income streams. In addition to hospice work, he's also tried side hustles that include medical expert work, nursing home medical directing, medical blogging, and several forms of consulting. While the extra income has helped boost his savings, Grumet said investing much of this income into the stock market — and seeing strong investment returns — is what's allowed his finances to truly blossom. Grumet said his retirement goal was to have at least 25 times his total annual spending in savings — he's already met this milestone.

Persons: —, Jordan Grumet, Grumet, who's, he's Organizations: Service, Business, BI, FIRE Locations: Illinois

☆ Retiring Corvette 'godfather' on EVs, spinoff and a performance SUV
▼ + stars: | 2024-08-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

In this article GM Follow your favorite stocks CREATE FREE ACCOUNT2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. The so-called "godfather" of the modern Corvette retired roughly a week after helping to introduce the new 2025 Corvette ZR1 — the most powerful and fastest version of the car ever produced. Corvette spinoff and SUVWall Street analysts have said GM could better leverage the Corvette brand by expanding models and, to an extent, sales. Tadge Juechter, retiring Corvette executive chief engineer, during the reveal of the 2025 Chevy Corvette ZR1 on July 25, 2024. 2020 Chevrolet Corvette GM

Persons: Juechter, Mark Reuss, Tadge Juechter, Reuss, Ray, Motors, there's, Morgan Stanley, Adam Jonas, you've, that's, I've, Ferrari, I'm Organizations: General Motors, Detroit automaker, Corvette, CNBC, Electric Corvette GM, Chevrolet, Motors, Porsche, Lamborghini Locations: Bowling Green , Kentucky

Mr. Pommel Horse has had quite the week. Stephen Nedoroscik, dubbed "Pommel Horse Guy" by the internet, became an Olympic bronze medalist Monday, then a meme. He won bronze on the pommel horse, performing a more difficult routine than in the team final and scoring a 15.300. In the team final, Nedoroscik faced a grueling 2½-hour wait on the sidelines before he could perform his one routine, but the circumstances could not have been more cinematic. The internet was quick to dub him “the pommel horse guy," and likened him to Super Man's alter ego, Clark Kent.

Persons: Stephen Nedoroscik, Rhys McClenaghan, Ireland’s, Nariman, Nedoroscik, ”, “, Clark Kent, NBC’s Organizations: Paris Games, Olympic, Team USA Locations: Kazakhstan, “

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