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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 press conference, according to CNBC's translation of the Chinese. Other data also released on Friday, such as retail sales and industrial production, had also beat expectations, a hopeful sign for the world's second largest economy. Beijing has faced growing public scrutiny over its ability to meet its own annual growth target of "around 5%." Amid low consumer sentiment and a flagging property sector, the Chinese government has intensified stimulus measures in recent weeks in an effort to boost its lackluster economy.
Persons: Sheng Laiyun, Tianchen Xu Organizations: National Bureau, Statistics, Reuters, Economist Intelligence Unit Locations: China, Beijing
One Direction shot to stardom in 2010 after competing on "The X Factor" and went on hiatus in 2015. Zayn Malik has said he made no friends while in One Direction and didn't like their music. In early 2015, it was announced on Facebook that Zayn Malik would be leaving the band. Since the announcement of the so-called hiatus, members have gone on to pursue solo interests and have commented on potential reunions as well as their current relationships with their bandmates. AdvertisementHere's everything members of One Direction have said about the band and each other since announcing their hiatus:
Persons: Zayn Malik, Harry Styles, Louis Tomlinson, , Liam Payne, Niall Horan, Payne Organizations: Service, Facebook
Why T.J. Maxx is so popular
  + stars: | 2024-10-15 | by ( Ryan Baker | Jason Reginato | Tala Hadavi | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy T.J. Maxx is so popularTJX Companies, which owns T.J. Maxx, Marshalls and HomeGoods, is the largest player in the off-price retail space. Its net sales crossed $54 billion in fiscal 2024, operating about 5,000 stores internationally. Nearly 80% of its business comes from the U.S. as Americans have fallen in love with the treasure hunt-like shopping experience. Experts credit TJX Companies for helping destigmatize discount shopping through its advertising and merchandise selection. Watch the video to learn more.
Persons: Maxx Organizations: Companies, Marshalls Locations: Maxx, HomeGoods
The surging floodwaters from Hurricane Milton poured in through the windows late Wednesday and their refrigerator slowly floated away. Even after floodwaters subside, the stress and anxiety can lead to lingering mental health challenges. Storms can exacerbate existing mental health problems or lead to new ones. Concerns about the mental health effects of back-to-back disasters come as researchers predict more frequent extreme weather events. But research suggests the hurricanes will make people more vulnerable to mental health problems and likely make it harder for them to recover, she said.
Persons: Amber Henry clutched, Milton, ” Henry, Helene, Hillsborough County Sheriff Chad Chronister, ” Chronister, Hurricanes Irma, Michael, , Dana Rose Garfin, , ” Garfin, Hurricane Milton, CNN “, Chronister, they’ve, Ning Lin, Sara Lesker, Henry, Gail Saltz, Kayla Lane, ” Lane, Lane, Fine, ” CNN’s Isabel Rosales, Ashley R, Williams, Christina Zdanowicz, Amanda Jackson, Emma Tucker, Cindy Von Quednow, Cheri Mossburg, Chelsea Bailey, Caroll Alvarado, Rebekah Riess, Devon Sayers, Mary Gilbert, Andy Rose, Zoe Scottie, Taylor Romine, Paradise Afshar Organizations: CNN, Hurricane Milton, Sunshine State, Hillsborough County Sheriff, Hurricanes, UCLA, League, Tropicana, Hurricane, Princeton University, Social, New York Presbyterian Hospital Locations: Lakeland , Florida, Tampa, wasn’t, Hurricane, Florida, Hillsborough County, Valrico, Lithia, Siesta, Florida’s, Pinellas, Hillsborough, Manatee, Sarasota counties, downtown St, Petersburg, Bradenton, Gulf, St . Petersburg, Long, New York, Lakeland, Bartow , Florida, Paradise
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy the rich keep getting richerElon Musk is on track to become the world's first trillionaire by 2027, according to a report from Informa Connect Academy. The biggest driver of Musk's wealth has been Tesla stock and his ownership of SpaceX. Federal Reserve data shows the share of wealth controlled by the top 1% has grown dramatically, while the wealth of the bottom 50% has stagnated. Some feel that rising tides lift all boats, while others think wealth concentration can be harmful to society.
Organizations: Elon, Informa Connect Academy, SpaceX, Federal
Here's why Stellantis is struggling
  + stars: | 2024-10-10 | by ( Robert Ferris | Christina Locopo | Jason Reginato | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Stellantis is strugglingMerging some of America's legacy car brands with big European ones made Stellantis the world's fifth largest automaker in 2021. Just three years later, Stellantis is struggling, and its troubles lie specifically with its North American business – home to Jeep, Ram, Dodge and Chrysler. Critics, including its own dealers, say the company raised prices too high and too fast, and didn't focus enough on making good cars. Its stock has plummeted and stakeholders are asking for its CEO to step down.
Persons: Stellantis Organizations: Dodge, Chrysler, Critics
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat a Google break up would mean for investorsIn August 2024, a federal judge determined that the online search giant Google is a monopolist that wields its power to stifle competition. The court opinion builds on years of investigation into one of the most valuable companies in the U.S. stock market. Some observers believe the raft of antitrust lawsuits could lead to a structural break-up of Google, which could potentially unlock value for investors.
Organizations: Google Locations: U.S
TAIPEI — Most Taiwanese believe China is unlikely to invade in the coming five years but do see Beijing as a serious threat to the democratic island, a poll by Taiwan’s top military think tank showed on Wednesday. Lee Kuan-chen, another INDSR researcher, said Taiwan's military should continue to boost its defense capacity to build public trust. Taiwan's President Lai Ching-te said on Saturday that it is "impossible" for the People’s Republic of China to become Taiwan’s motherland because Taiwan has older political roots. Taiwan's China policy making Mainland Affairs Council said it was an objective fact that since 1949 the People's Republic of China had never ruled the island. "On the contrary, the Republic of China may be the motherland of the people of the People's Republic of China who are over 75 years old," Lai added, to applause.
Persons: Christina Chen, Chen, Xi Jinping, Yan Zhao, Lee Kuan, Lee, Joe Biden, Lai Ching, Lai, Mao Zedong's, Taiwan Affairs Office's Organizations: Institute for National Defense and Security Research, U.S . Central Intelligence Agency, Getty, Affairs Council, Taiwan Affairs Office, Taiwan Affairs Locations: TAIPEI, China, Beijing, Taiwan, Taipei, AFP, United States, U.S, People’s Republic of China, Republic of China, People's Republic of China, Taiwan's, People's, Republic of China's
Parris Goebel Is Changing the Way Women Move Her surreal, muscular dances for Rihanna, SZA and other pop stars have made her one of the world’s most in-demand choreographers. As the music gathered momentum, the camera raced through the crowd of scowling dancers until, finally, Rihanna appeared. The choreographer behind this viral performance, 32-year-old Parris Goebel, has established herself as one of the music industry’s most innovative and in-demand artists. There’s something cathartic about watching a group of (mostly) women snarling in lock step, an image of power and indomitability. Rihanna’s representative confirmed that Rihanna and Goebel were shooting something at the palace, though the project is still under wraps.
Persons: Parris Goebel, Rihanna, SZA, , , Cat, Justin Bieber, Ariana Grande, Goebel, Fatima Robinson, Missy Elliott, Britney, Christina Aguilera’s, Christina Aguilera, Britney Spears, Tate McRae, It’s, Tate, McRae, Gene Kelly, growled, choreographing, Jennifer Lopez’s, ” Goebel, Bob Fosse, Justin Bieber’s, , ” SZA, ” — Parris Goebel, influencer, natalieg, I’m Organizations: Nike, Paris, Nike Paris, YouTube, Urban Dance, Rihanna’s, Samoan rugby, Coachella, intuit, of Mirrors Locations: Auckland, Versailles
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Amazon is selling its cashierless tech to outsiders after removing it from its own U.S. storesWhen Amazon first launched its "Just Walk Out" cashierless checkout solution in 2018, analysts say it had the potential to revolutionize retail. But in April, Amazon pulled the tech from Whole Foods and its U.S. line of Fresh grocery stores. Instead, Amazon focused on selling it to outsiders and installed it in 200 third-party stores in NFL stadiums, arenas, colleges, airports and more. CNBC got the first on-camera tour of the lab used to develop the tech and its new "multi-modal" AI system.
Organizations: Amazon, Foods, CNBC
Abercrombie & Fitch - Shares of the teen apparel retailer jumped nearly 8% after JPMorgan added it to its positive catalyst watch list. JetBlue shares jumped more than 15% on the news. Summit Therapeutics – The biopharmaceutical company added 2%. Other international shipping stocks saw losses as well, including Danish shipping giant Maersk at 5% . CVS Health — The company's shares added 3.3%.
Persons: Abercrombie &, Matthew Boss, Hollister, Tencent, — CNBC's Sean Conlon, Hakyung Kim, Christina Cheddar, Berk, Lisa Kailai Han Organizations: Abercrombie, Abercrombie & Fitch, JPMorgan, Spirit Airlines, JetBlue Airways —, Wall Street, JetBlue, Vistra, Nvidia, Therapeutics, Drug Administration, Ubisoft Entertainment, Bloomberg News, Ubisoft, SilverCrest Metals, Mining, Zim Integrated Shipping Services —, U.S, dockworkers, United States Maritime Alliance, Maersk, CVS Health, CNBC, CVS
A partial list of those killed in the strike, and a class photograph found in the rubble. Diego Ibarra Sanchez for The New York Times
Persons: Diego Ibarra Sanchez Organizations: The New York
Los Angeles (AP) — Prosecutors in Los Angeles are reviewing new evidence in the case of Erik and Lyle Menendez to determine whether they should be serving life sentences for killing their parents in their Beverly Hills mansion more than 35 years ago, the city’s district attorney said Thursday. Los Angeles County District Attorney George Gascón said during a news conference that attorneys for Erik Menendez, 53, and his 56-year-old brother, Lyle Menendez, have asked a court to vacate their conviction. Gascón said there is no question the brothers committed the murders, but that his office will be reviewing new evidence and will make a decision on whether it warrants a resentencing. The new evidence presented in a petition includes a letter written by Erik Menendez that his attorneys say corroborates the allegations that he was sexually abused by his father. Cliff Gardner, an attorney for the brothers, said they are pleased by the district attorney’s decision.
Persons: Erik, Lyle Menendez, George Gascón, Erik Menendez, Gascón, , ” Gascón, , Cliff Gardner, ” Gardner, Lyle, Kitty Menendez, Prosecutors, Organizations: Los Angeles, — Prosecutors, Los, Associated Press, Netflix Locations: Los, Los Angeles, Beverly, city’s, Los Angeles County
AI drug pioneer Recursion Pharmaceuticals said Wednesday that one of its experimental treatments hit a key milestone. The Food and Drug Administration cleared the investigational new drug application for a phase 1/2 clinical trial of an experimental drug candidate known as REC-1245. The company said the potential market for this treatment could be more than 100,000 patients in the U.S. and European Union. The trial will evaluate the safety and tolerability of REC-1245 and will begin in the fourth quarter of this year. "It's the first program that really is leveraging many of these new tools that we've built in one unit."
Persons: Chris Gibson, Gibson Organizations: Pharmaceuticals, CNBC, Drug Administration, Union, REC Locations: U.S
JERUSALEM — Almost 12 months of unbridled war, death, destruction and suffering in Gaza have proved the deadliest conflict on record for journalists. One year in, NBC News has spoken to 21 media professionals and organizations in the region who described killings, attacks and arrests by Israeli forces. The majority, 111, were Palestinians killed in Gaza, three were Lebanese and two were Israeli journalists killed by Hamas militants on Oct. 7. The majority were killed in Gaza, including Al Jazeera’s Ismail Al-Ghoul and his freelance cameraman Rami Al Refee, both 27. “The thing is no one is safe in Gaza,” she said last month when asked if she thought Israel was deliberately targeting journalists in Gaza.
Persons: JERUSALEM, , , Christina Assi, Dylan Collins, shellfire, Alma Al, Issam Abdallah, Alessandra Galloni, Emilie Madi, Assi, Collins “, ” Assi, Collins, that’s, It’s, Al Jazeera’s Ismail Al, Ghoul, Rami Al Refee, Al, Al Jazeera, ” Al, Jodie Ginsberg, ” Walid, Al Jazeera’s, Israel, ” Wael Al, Hamza, Mustafa Thuraya, Israel’s, ” Al Jazeera, Shlomo Karhi, Noor Harazeen, you’re, Yarden, we’re, David Mencer, Benjamin Netanyahu’s, Harazeen, “ They’re Organizations: NBC, Committee, Protect Journalists, Reuters, ” Reuters, AFP, Getty, Agence France Presse, Amnesty International, Human Rights Watch, Rights Watch, Amnesty, Israel Defense Forces, NBC News, Al, IDF, News, West Bank, China Global Television Network, ” Health, Haaretz, Sky News Locations: Gaza, New York, Israel, Alma, Lebanon, Saaideh, Israeli, Hamas, Al Jazeera, Ramallah, Jordan, East Jerusalem, Egypt, , British
2:26Why Hurricane Helene Was So Strong3:39Iconic New York City NovelsNOW PLAYINGWhat Our Reporter Saw After Days of Destruction Across LebanonAdvertisement SKIP ADVERTISEMENT2:52What Threats Mean for Trump’s Campaign2:52Where Trump and Harris Stand on Democracy2:39France Rape Trial Renews Push to Revise Legal Definition of RapeAdvertisement SKIP ADVERTISEMENT3:08Kamala Harris Talks About ‘Joy.’ But Are Undecided Voters Feeling It? 3:42Who Are the Black Swing Voters? 3:18As President, Trump Demanded Investigations of Foes. He Often Got Them. Advertisement SKIP ADVERTISEMENT2:24Trump and Harris Enter the Final Sprint2:35How Israel’s Technological Trojan Horse Destabilized Hezbollah2:32
Persons: Helene, Harris, Kamala Harris, Joy, Trump Organizations: York, Trump, Swing Voters Locations: Lebanon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy investors think Cava can become the next ChipotleCava, the fast-casual Mediterranean chain known for its bowls and pitas, has had a massively successful year following its IPO in June 2023. It's revenue, same-store sales and transaction growth have all seen major increases in its second quarter in 2024. Some analysts predict it will follow predecessor and competitor, Chipotle's, path.
Locations: Cava
2:52Where Trump and Harris Stand on DemocracyNOW PLAYINGFrance Rape Trial Renews Push to Revise Legal Definition of Rape3:08Kamala Harris Talks About ‘Joy.’ But Are Undecided Voters Feeling It? Advertisement SKIP ADVERTISEMENT3:42Who Are the Black Swing Voters? 3:18As President, Trump Demanded Investigations of Foes. 2:24Trump and Harris Enter the Final SprintAdvertisement SKIP ADVERTISEMENT2:35How Israel’s Technological Trojan Horse Destabilized Hezbollah2:32What Does the Fed Interest Rate Cut Mean? 2:35Bulletproofing America’s ClassroomsAdvertisement SKIP ADVERTISEMENT3:03Arizona’s Mormon Voters Are Divided on Trump3:09Our Reporter on Trump and a New Era of Political Violence2:50
Persons: Harris, Kamala Harris, Joy, Trump Organizations: Trump, Democracy NOW, Swing Voters, Mormon Locations: France
DNA from 3,600-year-old cheese sequenced by scientists
  + stars: | 2024-09-25 | by ( Katie Hunt | ) edition.cnn.com   time to read: +7 min
A decade after the dairy discovery on strikingly intact remains mummified by the Taklamakan Desert’s arid conditions, scientists have extracted and sequenced DNA from the 3,600-year-old cheese, the oldest in the archaeological record. Fu is director of the ancient DNA laboratory at the Institute of Vertebrate Paleontology and Paleoanthropology in Beijing. The researchers recovered animal and microbe DNA from the kefir cheese discovered on the Tarim Basin mummies. Fu and her colleagues also sequenced the bacterial genes in the ancient kefir cheese, revealing insights into how probiotic bacteria evolved over the past 3,600 years. “Ancient DNA analysis, especially on microbes, is fraught with technical problems, mostly stemming from contamination by modern bacteria,” he added.
Persons: , Christina Warinner, John L, Loeb, Warinner wasn’t, Qiaomei Fu, Fu, Yang, it’s, Taylor Hermes, ” Hermes, Pichia kudriavzevii, kefir, we’ve, ” Fu, Hermes, Warinner, William Taylor, Taylor, wasn’t Organizations: CNN, Cell, Social Sciences, Harvard University, Vertebrate Paleontology, University of Arkansas, University of Colorado, school’s Locations: what’s, China, , Beijing, Tarim, China’s Xinjiang, Asia, Russia, Tibet, United States, Japan, Caucasus, Anatolia, University of Colorado Boulder
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Organizations: New York Times
The two sides met at City’s Etihad Stadium on Sunday with both teams eager to strike first in this year’s title race. Just before half-time, Arsenal attacker Leandro Trossard committed a foul before kicking the ball across the pitch, earning a controversial second yellow card. Matt West/ShutterstockAfter being reduced to 10 players, Arsenal manager Mikel Arteta adopted a highly defensive shape to try and protect the lead. “I think the win belongs to the players and for our fans,” Fonseca said after the game. A chaotic first half saw visiting Wolfsburg take a 3-2 lead before Piero Hincapié leveled things up shortly after half-time.
Persons: Erling Haaland, Pep Guardiola’s, Rodri, Riccardo Calafiori, Gabriel Magalhães, Leandro Trossard, Trossard, Michael Oliver, Matt West, Mikel Arteta, John Stones, Kyle Walker, , Robert Lewandowski, Ayoze Pérez, Pablo Torre, David Ramos, , Marc, André ter Stegen, Blancos, Thibaut Courtois, Dani Carvajal, Rodrygo, Vinícius Jr, Mbappé, Carlo Ancelotti’s, Atlético, Matteo Gabbia, Christian Pulisic, Yann Sommer, Milan's Tijjani Reijnders, Alessandro Bastoni, Marco Luzzani, Federico Dimarco, Gabbia, Paulo Fonseca, ” Fonseca, we’ve, Serie A’s, Michael Olise, Jamal Musiala, Harry Kane, Serge Gnabry, Christina Pahnke, ” Kane, Kane’s, Xabi, Piero Hincapié, Victor Boniface Organizations: CNN, England’s Premier League Arsenal, Manchester, Premier League, City’s Etihad, Arsenal, Gunners, Londoners, City, BBC Radio, BBC Sport, La Liga Barcelona, Villarreal, La Liga, Torre, Catalans, Real Madrid, Espanyol, Madrid hasn’t, Barcelona, Serie, Italy’s, Milan, Internazionale, Derby, San, US, Inter, Torino, Hellas Verona, Germany’s Bundesliga, Bayern, Bundesliga, Dinamo Zagreb, Champions League, Werder Bremen, Getty, Bayer Leverkusen, Wolfsburg, Leverkusen Locations: Villareal, Raphinha, Milan, Bayern Munich, lederhosen, AFP
CNN —ABBA legend Björn Ulvaeus has tied the knot for the third time, marrying his partner Christina Sas on Saturday in a ceremony officiated by comedian and ex-“Great British Bake Off” host Sandi Toksvig. “Today on the 21st of September 2024, Björn Ulvaeus married Christina Sas from Herning, Denmark,” a statement posted on the 79-year-old songwriter and guitarist’s Instagram page reads. Former "Great British Bake Off" host Sandi Toksvig married the couple in Copenhagen, Denmark. Ulvaeus married Fältskog in 1971 and Andersson and Lyngstad wed in 1978. Ulvaeus married Lena Kallersjö in 1981 but the pair divorced after 41 years of marriage in 2022, a year after ABBA reunited.
Persons: Björn Ulvaeus, Christina Sas, Sandi Toksvig, , guitarist’s, Mike Marsland, ABBA’s, ” Toksvig, Ulvaeus ’, Toksvig, Ulvaeus, Agnetha Fältskog, Benny Andersson, Anni, Frid Lyngstad, Fältskog, Andersson, Lyngstad, Mamma Mia, ” Ulvaeus, Lena Kallersjö Organizations: CNN, British, PA Media, ABBA Locations: , Herning, Denmark, Copenhagen, German, Nuremberg,
NASA’s Orion spacecraft for the Artemis I mission was successfully recovered on December 11, 2022, off the coast of Baja California. Regan Geeseman/NASARadiation worriesNASA has studied the impact of space radiation on human health for decades, dating back to the first crewed space missions of the 1960s. Long-duration space missions to the moon and Mars will expose astronauts to radiation from cosmic rays, or high energy particles that move through space. Courtesy NASAPlanning for Artemis IIIf a solar storm were to occur while the Artemis astronauts were in space, it could last for days. NASA astronaut Christina Koch participates on August 1 in crew geology training in Iceland ahead of the Artemis II mission.
Persons: Artemis II, Artemis I, Artemis, torsos, Helga, Zohar, , Sergi Vaquer Araujo, Araujo, ” Araujo, NASA’s, Regan Geeseman, Earth’s Van Allen Belts, Van Allen Belts, Stuart George, Kim Shiflett, ” George, George said, Artemis III, Reid Wiseman, Victor Glover, Christina Koch, Jeremy Hansen, Robert Markowitz, Kelsey Young Organizations: CNN, Orion, European Space Agency, NASA’s Orion, NASA, Space, Apollo, Space Center, Kennedy Space Center, Canadian Space Agency, Goddard Space Flight Locations: Artemis, Baja California, Earth’s, Houston, Mars, Florida, Iceland, Greenbelt , Maryland
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWNBA Rising: Inside the season that changed the leagueCaitlin Clark and Angel Reese are helping to fuel a massive surge in the WNBA's popularity. Yet the league is far from profitable and the two superstar rookies make just over $70,000 in base salary. The recent 11-year, $2.2 billion media rights deal with Disney, Amazon and NBC, and the announcement of three new expansion teams in San Francisco, Toronto and Portland, will flush the league with much needed cash in the coming years. The question is, will it be enough?
Persons: Caitlin Clark, Angel Reese Organizations: Disney, NBC Locations: San Francisco, Toronto, Portland
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy the world is closely watching changes coming from the Federal ReserveThe Federal Reserve manages interest rates to influence financial conditions within the United States. But those decisions can also affect the posture of other central banks because many aspects of international finance rely on U.S. dollars. As the world moves away from a global round of economic tightening, central bankers in the U.S. are seeking to extend the economic expansion, which is among the strongest in the world.
Organizations: Federal, Federal Reserve Locations: United States, U.S
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