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☆ I moved my family from Dallas to a small city in Missouri. I miss the diversity of food in Texas, but the cost of living is much cheaper here.
▼ + stars: | 2024-10-05 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Josh Hartman and his family moved from Texas to Missouri in 2021 when he started a new job. But Hartman and his wife are happier with their kids' education in Missouri. AdvertisementThis as-told-to essay is based on a conversation with Josh Hartman, a 42-year-old operations manager who moved with his family from Dallas to Sikeston, Missouri, in 2022. We moved to Sikeston, Missouri, in 2022We moved primarily for work, but the location played a big part, too. Then we moved to Texas, and it was summer nine months out of the year.

Persons: Josh Hartman, Hartman, —, We've, It's, we've, We're, they're Organizations: Dallas, Service Locations: Texas, Missouri, Dallas, Sikeston , Missouri, Kansas, Minnesota, DFW, It's, Nashville, Louisville , Kentucky, Louis, Memphis, Springfield , Missouri, We've

☆ As forex markets await political shocks, one tipping point could lead to a 'catastrophic trade' that unwinds markets
▼ + stars: | 2024-10-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

The yen carry trade unwind in August led to a temporary market pullback and recovery. AdvertisementThe foreign exchange market has been eerily quiet since the yen carry trade unwind. Much of the moves from the yen carry unwinding witnessed in August happened at this layer, Barrett said. But what we've seen in the yen carry trade is only the beginning, Barrett said. "Now, you may not think that's a yen carry trade, but it's absolutely the purest yen carry trade because all of that pension fund money started off as yen," Barrett said.

Persons: —, David Barrett, allocators, unwinding, Barrett, It's, it's, Harris, David, Trump Organizations: Service, EBC Financial, Bank of, Bloomberg, Big Tech, Nvidia Locations: Bank of Japan, Japan

☆ A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
▼ + stars: | 2024-10-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +11 min

Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company's LC-36 facility in Florida. Blue OriginDave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire's space venture. "Jeff felt that [Blue Origin] needed manufacturing expertise; it needed decisiveness; it need a little bit of energy," Limp said. CEO Dave Limp, third from the left, with Blue Origin employees at the company's New Glenn facility in Florida. In the mission's place, Blue Origin will fly a demonstration of its spacecraft Blue Ring on the first New Glenn launch.

Persons: Dave Limp, Jeff Bezos, Jeff, Limp, Bezos, It's, I'm, New Glenn, Allen Parker, Jennifer Pena, Leanos, Ian Richardson, Tim Collins, it's, Origin's, ULA, Paul Hennessy, Glenn, We've, Starliner, Shepard, Blue, let's Organizations: Glenn, Florida ., Amazon, CNBC, Blue, SpaceX, United Launch Alliance, Lab, Firefly Aerospace, Company, NASA, Amazon Devices, Flexport, Vulcan, Cape Canaveral Space Force, Anadolu, Getty, New Glenn, Falcon, Shepard, National Security, Washington , D.C Locations: Florida, New, Mars, Seattle, Kent , Washington, Texas , Florida, Alabama, ULA, West Texas, Cape Canaveral , Florida, Glenn, Washington ,, Huntsville , Alabama, Cape Canaveral , Texas

☆ How China's stimulus could provide a boost to new CEOs at Nike and Starbucks down the line
▼ + stars: | 2024-10-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Brian Niccol and Elliott Hill are taking over Starbucks and Nike , respectively, just as a key market that weighed on their predecessors gets a boost. As China's economic stimulus takes shape, it could end up helping these global brands. Nike and Starbucks in China While the exact plans for Niccol and Hill are still unclear, the Chinese market seems like it will be an area of focus. At Starbucks, the company's leadership team in China has already been reshuffled since Niccol took over in September. Still, a rebound for China's consumer won't necessarily boost sales for Starbucks and Nike without better execution.

Persons: Brian Niccol, Elliott Hill, Hartmut Issel, Niccol, Matthew Friend, Hill, Chen Luo, Ellen Hazen, . Putnam, Hazen, Eric Clark, I'd, it's, Clark, America's Luo, — CNBC's Michael Bloom Organizations: Starbucks, Nike, Bank of America — Nike, UBS, Bank of America, CNBC, Brands, Bank, America's Locations: China, United States, Niccol, .

☆ This couple bought a 110-year-old schoolhouse for $175,000 sight unseen and converted it into their family home—take a look inside
▼ + stars: | 2024-10-05 | by ( Celia Fernandez | ) www.cnbc.com time to read: +7 min

Stacie Grissom and Sean Wilson lived in New York City for almost a decade, and then the covid-19 pandemic hit. Stacie Grissom and Sean WilsonAfter the couple closed on the former schoolhouse, the real work began. Despite how hard the renovation was for the couple, Grissom says her favorite part was getting to work alongside her dad. Stacie Grissom and Sean WilsonAmid ongoing renovations, the couple and their now two kids moved into the home in September of this year. Stacie Grissom and Sean Wilson

Persons: Stacie Grissom, Sean Wilson, Grissom, Wilson, Kate Wilson, Franklin, hadn't, Sean Wilson Grissom, we've, It's, they're Organizations: CNBC, Union, Graded, Johnson, Museum Locations: New York City, BarkBox, Franklin , Indiana, Indianapolis, New York, Indiana

☆ Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more
▼ + stars: | 2024-10-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

Spirit Airlines is considering filing for bankruptcy protection, The Wall Street Journal reported. Its struggles are indicative of the wider issues faced by budget airlines as labor and fuel costs rise. AdvertisementIn another sign of the problems faced by budget airlines, The Wall Street Journal reported that Spirit Airlines is considering filing for bankruptcy protection. The introduction of premium-seating options and axing routes is spelling the end of budget airlines as we've known them. Its pre-tax income fell 63% in the second quarter of 2024 compared with the same period last year.

Persons: —, Ted Christie's, Neil Glynn, Glynn, Mario Tama, Elliott Organizations: Airlines, Street Journal, Service, Spirit Airlines, JetBlue, Control, Southwest Airlines, Getty, Frontier Airlines, Elliott Management

☆ The best geopolitical hedges from gold to oil and even stocks
▼ + stars: | 2024-10-04 | by ( Sean Conlon | Kavitha Shastry | ) www.cnbc.com time to read: +2 min

For those looking to hedge against geopolitical risk, stocks are actually a pretty good way to do so, along with oil and gold. Bank of America looked at the best performers in the three and six months after major geopolitical events, including the Iraq War and Russia's invasion of Ukraine . The investment bank found that oil has historically been the best performer in the three months following major geopolitical events, generating a median return of 8.3%. On the other hand, gold is the best geopolitical hedge in the six months after such episodes. "[B]ad geopolitical events have not been bearish for risk assets in recent years, arguably the opposite," analyst Michael Hartnett wrote in a Thursday note.

Persons: –, They've, Michael Hartnett, Hartnett Organizations: Bank of America Locations: Iraq, Ukraine, Israel, Iran, Russia, China, Taiwan

☆ I'm a computer science professor at UC Berkeley. Tech jobs are drying up and graduates are no longer guaranteed a role.
▼ + stars: | 2024-10-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

James O'Brien is a UC Berkeley professor who says tech graduates struggle to secure top jobs. O'Brien says we need to embrace universal basic income as AI shrinks the job market. AdvertisementThis as-told-to essay is based on a transcribed conversation with James O'Brien, a professor at the University of California, Berkeley. There's still demand for people, and some people are getting jobs, but not across the entire industry. AdvertisementThere are also people coming from other schools that don't have quite the strong reputation that Berkeley does, and they're not getting job offers at all.

Persons: James O'Brien, O'Brien, —, I've, It's, it's, they're, that's Organizations: UC Berkeley, Service, University of California Locations: Berkeley

☆ My husband is the primary breadwinner, and I stay home with the kids — but our marriage is not 'traditional.'
▼ + stars: | 2024-10-04 | by ( Amber Adrian | ) www.businessinsider.com time to read: +5 min

From the outside, our family looks like a traditional one, but it's actually a little more nuanced than that. AdvertisementOur family life looks traditional in many ways, but in other ways, it isn'tOur life does align with the "provider/protector" and "nurturer/homemaker" gender roles in some ways and seems traditional on the surface. I am the primary caretaker for our kids and work to take care of and run the details of our household. For some years in our marriage, my husband didn't understand — and therefore didn't appreciate — all I contributed. Another widespread idea in partnerships with traditional gender roles is that the man is in charge or the "head of the household."

Persons: Amber Adrian, —, it's, I'd, we've, I'm, Adrian, Amber Adrian Another Organizations: Service

Learn moreCould this be the end for the Las Vegas Aces? Below, we've put together everything you need to know about where to watch the New York Liberty vs. Las Vegas Aces, including how to live stream it. How to watch New York Liberty vs. Las Vegas Aces in the USThe New York Liberty vs. Las Vegas Aces game will air at 9:30 p.m. ESPN2 is available as a part of most major cable plans, but if you don't have access, you can live stream the network through a month-to-month live TV package. Sling is the cheapest way you can live stream ESPN2.

Persons: we've, they'll, VPNs, ExpressVPN Organizations: Business, Las Vegas Aces, WNBA, New York Liberty, Aces, Liberty, The Aces, Sun, Lynx, ESPN2, DirecTV, ESPN, Fubo, DirecTV Stream Locations: New York

☆ My husband is the primary breadwinner, and I stay home with the kids. But our marriage is not 'traditional.'
▼ + stars: | 2024-10-04 | by ( Amber Adrian | ) www.businessinsider.com time to read: +4 min

I have a husband and several children, and from the outside, it definitely looks like a traditional setup. Our family life looks traditional in many ways, but in other ways, it isn'tOur life does align with the "provider/protector" and "nurturer/homemaker" gender roles in some ways, and in some ways, looks traditional on the surface. My husband is the primary earner for our family; he works full-time as an engineer to provide for the expanses of our family. I am the primary caretaker for our kids and work to take care of and run the details of our household. For some years in our marriage, my husband didn't understand — and therefore didn't appreciate — all I contributed.

Persons: it's, I'd, we've, I'm, Amber Adrian, Amber Adrian Another

☆ LA inches closer to launching a basic income program for domestic abuse survivors
▼ + stars: | 2024-10-04 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

LA advanced a proposal for a new basic income program targeting domestic abuse survivors. It's inspired by the results of the city's BIG:LEAP program, a large-scale basic income pilot. BIG:LEAP found that monthly cash stipends helped abuse survivors leave their partners. AdvertisementLos Angeles is making strides toward a guaranteed basic income program that would target domestic abuse survivors. "Oftentimes, simple solutions are the most effective, and studies have proven that Guaranteed Basic Income works.

Persons: It's, —, Councilmember Hugo Soto, Martínez, Councilmember Curren, Marqueece Harris, Dawson, CIFD, We've, Harris Organizations: LA, Service, Los Angeles City, Soto, National Network, Investment, Families Department, City Council Locations: Los Angeles, Councilmember Curren Price, LA

☆ Selena Gomez couldn’t afford to go to her first Disney casting—now she’s a billionaire startup founder
▼ + stars: | 2024-10-04 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

Selena Gomez's makeup brand Rare Beauty has catapulted her to billionaire status, according to a recent Bloomberg estimate. Gomez, who's publicly discussed her own struggles with bipolar disorder, launched it as a way to promote mental health in the beauty industry. Rare Beauty brought in a reported $350 million in sales last year, according to Business of Fashion. A makeup brand promoting self-acceptance can seem asymmetric, which made Gomez think her products wouldn't sell, she told People in 2022. Since then, she's expressed her pride in Rare Beauty's growth and dedication to promoting mental health.

Persons: Selena, Ellen DeGeneres, Gomez, Barney, —, Mandy Teefey, Gomez's, who's, Scott Friedman, Omar H, Fares, she's, we've, Get Organizations: Bloomberg, Disney Channel, Disney, Wizards, Globe, Company, Fund, of, CNBC Locations: Grand Prairie , Texas, California, Waverly

My husband and I have seen our price of living go up a lot lately, but our credit cards have helped. Credit cards can have a bad reputation, but by using them responsibly, we've benefited. As a result, we have come to rely on our rewards credit cards more than ever. My business credit card helps me keep my spending separateMy husband and I have — for the most part — always kept our spending separate. Note that credit card lenders may use many different variations of credit score models when considering your application.

Persons: we've, —, There's, I'm, I've, It's, Chris Organizations: Service, Chase, Chase Travel, Sapphire, Apple Locations: Denver

☆ Why oil prices haven't skyrocketed on Middle East supply fears — yet
▼ + stars: | 2024-10-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Iran, which is a member of OPEC, is a major player in the global oil market. It's estimated that as much as 4% of global supply could be at risk if Israel targets Iran's oil facilities. For some analysts, the reason crude prices have yet to move even higher is because the oil market is short. watch nowTamas Varga, an analyst at oil broker PVM, told CNBC via email on Thursday that the oil market was pricing in some risk premium given the geopolitical concerns. These fears, however, will be greatly alleviated in [the] coming days unless oil supply from the region or traffic through the Strait of Hormuz are materially impacted," he added.

Persons: Fatemeh, Goldman Sachs, SEB, Jeff Currie, Carlyle, CNBC's, it's, Currie, we've, Amrita Sen, We've, Sen, Joe Biden, Biden, Tamas Varga, " Varga, Benjamin Netanyahu, Masoud Pezeshkian Organizations: Anadolu, Getty, Energy, OPEC, Brent, U.S, West Texas, CNBC, White House, Islamic Revolutionary Guard Corps, Persian, Nurphoto Locations: Isfahan Refinery, Iran, Isfahan, Israel, Swedish, backwardation, bearishness, U.S, Hormuz, Oman, Tehran, Qatar, Persian, Bushehr, Bushehr province

The Coop Sleep Goods sale, which features 20% off orders of $125 or more, might be able to help you out. It's easy enough to unlock the Coop Sleep Goods discount. Coop Sleep Goods routinely makes it onto some of our best-of lists. In fact, Coop's bestselling Original Adjustable Pillow was named best overall in our heavily tested guide of the best pillows of 2024. The best Coop Sleep Goods items on saleAt 20%, the Original Pillow will cost $60.

Persons: We've, Coop Organizations: Business, Sleep

☆ Every live-action Joker actor, from Cesar Romero to Joaquin Phoenix, ranked
▼ + stars: | 2024-10-04 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

Joaquin Phoenix is one of two actors to win an Oscar for playing the Joker. Phoenix starred as the DC villain in two solo films, 2019's "Joker" and the new sequel "Joker: Folie à Deux." Director Todd Phillips' approach of making the Joker a more realistic and human character appealed to critics, and the film won two Oscars. By contrast, the sequel film has bombed with critics and fans alike and currently has a Rotten Tomatoes score of 39%. AdvertisementIn August, Phillips seemed to suggest to Variety that there wouldn't be another "Joker" sequel when he said: "I think we've said what we wanted to say in this world."

Persons: Joaquin Phoenix, Oscar, Heath Ledger, Jack Nicholson, Cameron Monaghan, —, Phoenix, Todd Phillips, Phillips, we've, Barry Keoghan Organizations: Service, Variety

☆ The shocking 'Joker: Folie à Deux' ending adds a unique twist to the Joker character
▼ + stars: | 2024-10-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

"Joker: Folie à Deux" is now in theaters. They did so by making "Joker: Folie à Deux" a musical that cast Lady Gaga as Joker's love interest, Harley Quinn. Here's everything to know about the "Joker: Folie à Deux" ending. "Joker: Folie à Deux." AdvertisementPhillips says he's not making a 'Joker 3'Lady Gaga holding Joaquin Phoenix in "Joker: Folie à Deux."

Persons: Arthur Fleck's, —, Todd Phillips, Joaquin Phoenix, Oscar, Phillips, Lady Gaga, Harley Quinn, Clown, Arthur Fleck, Harvey Dent, Harry Lawtey, Maryanne Stewart, Catherine Keener, Fleck, Lee Quinzel, Lee, Stewart, Dent, he's, Scott Garfield, Warner, we've, Arkham, Gaga, Lady Gaga's Harley Quinn, It's Organizations: Service, DC Comics, Warner Bros, Phoenix, Arkham, Batman, Hollywood, DC Locations: Arkham, Fleck, Phoenix

☆ Britain's defense sector vies for stretched government funding on path to 2.5%
▼ + stars: | 2024-10-04 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Liverpool, ENGLAND — British defense officials are vying to secure more funding as Finance Minister Rachel Reeves' upcoming Autumn budget risks exacerbating already beleaguered efforts to boost military investment. Maria Eagle, the U.K.'s minister of defense procurement, joined a chorus of voices that called on the sector to prove that it could be more efficient under the new government, as the Treasury grapples with allocating its stretched finances. Meanwhile, the war in Ukraine has cast a spotlight on deep inefficiencies within Britain's defense sectors, provoking calls for reform. A 72-page House of Lords report published Thursday last week warned of "burdensome bureaucracy" in military recruitment and "cumbersome" procurement processes. Unless "laser-sharp priorities" are set, even 2.5% might not be enough to meet the country's defense needs, it said, adding that the government must acknowledge the essential need for higher defense spending and communicate that to the public.

Persons: Sir Keir Starmer, Rachel Reeves, Maria Eagle, We've, Eagle, Let's, Keir Starmer, — Organizations: RAF, Armed Forces, Treasury, Labour Party, NATO Locations: Oxfordshire, Liverpool, ENGLAND, Ukraine

☆ Zillow adds climate risk data to home listings as threats rise
▼ + stars: | 2024-10-04 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

As concerns about flooding, extreme temperatures, and wildfires grow, this tool also helps agents inform their clients in discussing climate risk, insurance, and long-term affordability." But climate risk firm First Street, which incorporates the effects of climate change into its property risk scores, shows nearly 12% of homes in the state at flood risk. Each for-sale listing on Zillow now displays First Street risk scores for flood, fire, wind, air and heat. This is especially true for the flood risk, because climate change is already intensifying the severity of rainfall, even in minor storms. More than 80% of buyers now consider climate risk when purchasing a home, according to a survey by Zillow.

Persons: Skylar Olsen, Hurricane Helene, Ed Kearns, We've, Zillow, Kearns Organizations: FEMA, Federal Emergency Management Agency, Government, First Locations: North Carolina, Carolina

Banks up : Financials were also strong Friday, with Wells Fargo and Morgan Stanley our top performers on the session. Beer boss : Shares of Club stock Constellation Brands were bouncing Friday, one day after a steep post-earnings slide . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, It's, WTI, Prices, Banks, Wells, Morgan Stanley, Wells Fargo, Jim, Goldman Sachs, Beer, Bill Newlands, Newlands, Jim Cramer's Organizations: CNBC, ., Fed, West Texas, Drug Administration, Centers for Disease Control, National Institutes of Health, NEC, Club, Abbott Laboratories, Constellation Brands, Modelo, Constellation, Morning, Costco, Jim Cramer's Charitable Locations: U.S, Israel, Mexico, Wells

☆ I travel often with my 5 kids, and it's rarely easy. A scheduling mistake on a trip to Canada almost broke us.
▼ + stars: | 2024-10-04 | by ( Victoria Marie Lees | ) www.businessinsider.com time to read: +5 min

On a trip to Canada, my family missed an important ferry ride, messing up our travel plans. Before we leave home, we usually have several destinations, campground reservations, and various activities in place. On our trip to Newfoundland, we ran into some serious trouble and needed to recalculate our schedules. The campground owner was sweeping the floor of the store. Include extra days into your itinerary when travelingBecause of our difficult Newfoundland trip, we've readjusted our planning for family vacations.

Persons: —, Saint, Saint Lawrence Seaway —, we've Organizations: Service, Saint Lawrence Seaway, Marine Locations: Canada, Newfoundland, New Jersey, Nova Scotia, —, Deer, Saint Lawrence

In this article AF-FRUALAIR-NZ Follow your favorite stocks CREATE FREE ACCOUNTThe days of spotty — or worse, no — Wi-Fi on airplanes are numbered, said Air New Zealand CEO Greg Foran. Reliable and fast Wi-Fi will become "ubiquitous" on full-service carriers, he told "Squawk Box Asia" Friday. Air New Zealand announced in December 2023 that Starlink services would be installed on two domestic aircraft in late 2024. watch nowHowever, passengers will have to wait a bit longer for those services to launch at Air New Zealand. Starlink at scaleOn Sept. 13, United Airlines said it had signed the industry's largest agreement for Starlink services to date.

Persons: Greg Foran, Foran Organizations: Air New Zealand, CNBC, United Airlines

☆ Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
▼ + stars: | 2024-10-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Shares of Rivian Automotive dropped about 8% during premarket trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production forecast for 2024. The company said the lower production target — down from 57,000 units to between 47,000 and 49,000 — was because of a "production disruption due to a shortage of a shared component" for its R1 vehicles and commercial van. "This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues. As a result of the supply shortage, Rivian is revising its annual production guidance to be between 47,000 and 49,000 vehicles," the company said in a statement. A Rivian spokesman said the component causing the problem is part of its in-house motors, but he declined to disclose any further details.

Persons: RJ, Morgan, We've Organizations: Rivian Automotive

☆ Spirit tumbles to record low on report it's exploring a bankruptcy filing. Here's how it got here
▼ + stars: | 2024-10-04 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Spirit Airlines shares tumbled to a record low on Friday after a report that it's exploring Chapter 11 bankruptcy protection. A bankruptcy filing would mark a dramatic turn for the carrier with its iconic yellow planes that caters to budget-conscious travelers. After the JetBlue deal fell apart, Spirit said in January that it was looking at options to refinance its debt. A Spirit spokesman declined to comment on a the Wall Street Journal report that the carrier is considering a bankruptcy filing. Shares of Frontier Airlines, which originally planned to merge with fellow budget airline Spirit before JetBlue swooped in in 2022, surged 16% on Friday.

Persons: Spirit, Brandon Oglenski, we've, Ted Christie, we're, Perella Weinberg Organizations: Spirit Airlines, JetBlue Airways, Pratt & Whitney, JetBlue, Barclays, Journal, Perella Weinberg Partners, Frontier Airlines, Spirit, JetBlue swooped

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