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☆ Jeremy Grantham's right-hand man Ben Inker warns your 60/40 portfolio is in for a 'lost decade' of negative returns
▼ + stars: | 2024-09-30 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

The popular 60/40 portfolio of stocks and bonds has returned double digits annually since 1979. Inker shares the risks of the 60/40 strategy and where he's looking for opportunities. AdvertisementFor decades, the 60/40 strategy has been the gold standard of investing. As a result, the 60/40 portfolio right now is not set up to generate attractive returns. Related storiesInvesting against the grainInstead of the traditional 60/40 portfolio, Inker recommends taking a more flexible approach to different asset allocations.

Persons: Ben, —, Jeremy Grantham, doesn't, they've Organizations: Service, Bloomberg

☆ CNBC Daily Open: Shiny September days for stocks
▼ + stars: | 2024-09-30 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Brendan Mcdermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stocks' defiant showing this September was helped by positive sentiment generated by the U.S. Federal Reserve's jumbo rate cut and upbeat economic data. Relatedly, the University of Michigan's consumer sentiment index for September rose to a better-than-forecast 70.1 from 67.9 in August. "Inflation continues to keep its head down, and while economic growth may be slowing, there's no indication it's falling off a cliff."

Persons: Brendan Mcdermid, Chris Larkin, Morgan Stanley, –, Jeff Cox, Brian Evans, Pia Singh Organizations: New York Stock Exchange, Reuters, CNBC, Nasdaq, Dow Jones, U.S, U.S . Federal, University of, U.S . Bureau, Atlanta Locations: U.S .

☆ States forge ahead with Inflation Reduction Act energy rebates — so far, South Dakota is the only one to opt out
▼ + stars: | 2024-09-30 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

South Dakota is not participatingSouth Dakota Gov. The $68.6 million of federal money that had been set aside for South Dakota rebates will be redistributed among participating states. Fury also noted this isn't the first time South Dakota has rejected federal spending. Bipartisan legislation to create an energy rebate program had existed almost a decade earlier, like the Home Star Energy Retrofit Act in 2010. Ron DeSantis in 2023 had vetoed the state's authority to spend about $5 million of federal funds to administer the energy rebate program.

Persons: I'm, Kara Saul, Rinaldi, Kristi Noem, Scott Olson, Ian Fury, Fury, Saul, Ron DeSantis, Robert Gauthier Organizations: New York, U.S . Department of Energy, AnnDyl, D.C, DOE, of Columbia, Energy, South Dakota Gov, Republican National Convention, Getty, Green, Gov, Republican, South Dakota Bureau of Finance, Management, Home Star Energy, Republican Gov, state's Department of Agriculture, Consumer Services, CNBC, Florida Gov, Los Angeles Times, Department of Agriculture Locations: Arizona, Maine, New Mexico, Rhode Island, Wisconsin, Washington, California , Colorado , Connecticut, Delaware, Florida, Georgia, Hawaii , Illinois , Indiana , Michigan, Minnesota , New Jersey , New Hampshire , Massachusetts, North Carolina , Oregon , Tennessee , Vermont, West Virginia, Dakota, South Dakota, Rinaldi . Florida

☆ Elon Musk once described his past immigration status as a ‘gray area’
▼ + stars: | 2024-09-29 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +32 min

So we just rented the office, and slept in the office, and showered at the YMCA,” Elon Musk recalled, drawing laughs from the crowd. “When they did fund us,” Kimbal Musk recalled, “they realized that we were illegal immigrants.”“Well…” Elon Musk interjected. Video of the remarks shows Elon Musk laughing as he jumped in with a different interpretation: “I’d say it was a gray area.”He didn’t elaborate, and it’s unclear what Elon Musk meant by that characterization. Elon Musk, wearing a black Stetson hat, livestreams while visiting the US-Mexico border in Eagle Pass, Texas, on September 28, 2023. Then-President Donald Trump greets Elon Musk before a policy and strategy forum with executives at the White House in February 2017.

Persons: ” Elon Musk, “, Musk, ”, Donald Trump, Biden, It’s, —, Kimbal, ’ Elon Musk, he’s, X, He’s, Walter Isaacson’s, they’ve, Elon Musk, Jeff Skoll, Fred Prouser, ” Kimbal Musk, Elon, haven’t, Ashlee Vance’s, Greg Kouri, can’t, Maye, Charles Kuck, Kuck, Jennifer Minear, That’s, ” Kuck, Alain Jocard, Kimbal Musk, Tesla, Zip2, he’d, Kevin McCarthy, Alex Brandon, it’s, Hunter Swanson, Grace, Swanson, “ They’re, ” Swanson, ” Minear, Minear, Philip Pacheco, Ron Ozio, hadn’t, Vance, CNN there’s, Affairs Julie Greicius, Rajshree Agarwal, Ed Snider, ” Agarwal, Peter Thiel, Paul Sakuma, Agarwal, …, that’s, Elon Musk’s, who’s, hasn’t, Bayar, Zachary Mueller, ” Mueller, I’m, Don Lemon, Mueller, there’s, Stetson, Critics, John Moore, David Bier, ” Bier, Bier, Trump, he's, he'd, Brendan Smialowski, Joe Wilson, ” Wilson, Medina County Sheriff Randy Brown, Elon Musk's, We’re, Daniel Becerril, Reuters Elon Musk hasn’t Organizations: CNN, Twitter, University of Pennsylvania, Tesla Motors, SpaceX, Forbes, Stanford, Kimbal, Milken Institute Global Conference, Reuters, YMCA, Milken, YouTube, Los Angeles Times, US, Immigration Services, American Immigration Lawyers Association, Getty, Tesla, Kennedy Space Center, Center for International Education, Washington, Lee University, Elon, Center for, Learning, Penn, Minear, Materials, Engineering, ” Stanford, Communications, Affairs, American Immigration, Association, Ed Snider Center for Enterprise, University of Maryland, PayPal, eBay, Compaq, University of Washington, America’s, Democratic, Trump, CATO Institute, White, Medina County Sheriff, Fox, Fox News, Polaris Locations: Mexico, United States, Eagle Pass , Texas, Pretoria, South Africa, Canada, Canadian, Palo Alto , California, Beverly Hills , California, Angeles County, U.S, Atlanta, AFP, America, Zip2, California, Cape Canaveral , Florida, Virginia, Washington, Arizona, South Carolina, Medina County, Eagle, , Texas, Rio Grande

☆ Op-ed: Your kids need a Roth IRA. It's the 'golden egg' savings vehicle for young people
▼ + stars: | 2024-09-29 | by ( Winnie Sun | ) www.cnbc.com time to read: +4 min

How a Roth IRA for kids worksYes, kids can have their own Roth IRA — and, just like for adults, the IRS rules are pretty straightforward. There's no minimum age requirement for contributing to a Roth IRA; if a child can earn money, they can have a Roth IRA. watch nowMore about those income requirements: To contribute to a Roth IRA, the child must have earned income. Why I like the Roth IRA for youngstersI think of the Roth IRA as the "golden egg" savings vehicle for young people because not only is the account tax-sheltered, it also has the beneﬁt of liquidity. Establishing a Roth IRA for youngsters is a powerful way to set them on the path to financial security.

Persons: Roth Organizations: Roth IRA, IRS, Social Security

☆ Insider Today: Retirement savings mistakes
▼ + stars: | 2024-09-29 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Getty ImagesRetirement savings no-no'sAbout 45% of Americans will run out of money in retirement — even those who invested and diversified. If you're aiming to retire at the standard age of 65, avoid these mistakes so you can keep your golden years golden. AdvertisementThe four biggest retirement mistakes. And with Meta's smart Ray-Ban glasses doing better than expected, the company appears to be winning the glasses wars.

Persons: —, Alberto E, Rodriguez, Jimmy Donaldson, Donaldson, obsessives, techies, Chris Gash, Zers, Saratta, Tom Brady, Jeff Bezos, Natalie Ammari, Mark Zuckerberg, Orion, aren't, Meta, Sam Altman Organizations: Business, Service, MrBeast, Getty, BI, Billionaire, Big Tech Locations: millennials, Florida

Though Austria is a member of the European Union, its far-right party leading the polls has strong links with Russian President Vladimir Putin — the bloc’s arch nemesis. The chairman and top candidate of the Freedom Party of Austria Herbert Kickl waves to supporters after kicking off his party's electoral campaign on September 7, 2024 in Graz, Austria. Kickl’s vision is to build “Fortress Austria” and “Fortress Europe,” as he put it during a debate on Austrian public television Thursday night. In 2016, party leader Heinz-Christian Strache signed a formal “cooperation pact” with Putin’s United Russia party. The FPÖ’s return is far from certain, currently polling at 27%, narrowly ahead of the ruling Austrian People’s Party on 25% and the Social Democratic Party of Austria on 21%, according to European polling aggregator PolitPro.

Persons: that’s, Adolf Hitler —, it’s, Vladimir Putin —, Peter Filzmaier, Kerms, Herbert Kickl, ”, Hitler, Kickl, Freedom Party of Austria Herbert Kickl, Alex Halada, Nazi ”, “, Karl Nehammer, Andreas Babler, Joe Klamar, Gabriela Bacher, Donald Trump, Heinz, Christian Strache, Karin Kneissl, Putin, Strache, Victor Orban, Bacher Organizations: Freedom Party, NATO, Ukraine, Moscow, European Union, Gratz, Freedom Party of Austria, Getty, Immigrants, “, Austrian, Nazi, Austrian People’s Party, Social Democratic Party, NBC, Trump, NBC News, Putin’s United, Social Democratic Party of Austria Locations: Austria, Russia, Europe, Graz, AFP, East, North Africa, Jerusalem, Austrian, Vienna, American, Austrian Republic, Ukraine, Putin’s United Russia, Russian, Moscow, Slovakia, Hungary, Republic

☆ Utilities are the hottest part of the stock market right now, on track for their best year since 2000
▼ + stars: | 2024-09-28 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Utility stocks this year have mounted a rally unseen in more than two decades. In the third quarter, utilities are the best out of 11 sectors that comprise the S & P 500, climbing 18%. As a group, utilities are poised to score their largest quarterly gain since George W. Bush was president in 2003. If that holds through yearend, utilities will see their biggest annual advance since 2000, when they surged more than 50%. "Utilities are the hottest sector in the market currently," Wolfe Research Rob Ginsberg said in a note to clients in August.

Persons: George W, Bush, Wolfe, Rob Ginsberg, hasn't, It's, buildout, Ginsberg, Subramanian, Wells Fargo, Christopher Harvey, Harvey, LSEG Organizations: Utilities, Federal Reserve, Bank of, Nasdaq, Bank of America, Constellation Energy, CenterPoint Energy Locations: yearend, The Texas, Houston

☆ ‘How to Die Alone’ is the latest in a string of new Black-led shows. But has the TV landscape actually changed?
▼ + stars: | 2024-09-28 | by ( Leah Asmelash | ) edition.cnn.com time to read: +8 min

She’s a plus-size Black woman who is trying her best, searching for love and fulfillment. “How to Die Alone” is new, but it’s part of a recent batch of Black-led drama-comedies popping up across the small screen. Vanessa Clifton/NetflixThis moment is spurred by the previous success of other Black creators and Black-led shows. For Black-led shows on broadcast television, they still must seemingly place its Black characters in the context of White characters, Durham said. Black-led shows are no different, and some might argue they’re more likely to be let go.

Persons: Mel, who’s, she’s, Natasha Rothwell’s, Rothwell, ” Rothwell, Vince Staples, “ Queenie, ”, Aisha Durham, Will White, Naeemah Clark, Clark, Queenie, Michelle Buteau, Mavis, Vanessa Clifton, Rhimes, Issa Rae, Oprah Winfrey, “, they’re, Durham, “ We’re, ” Durham, Max Greenfield, Monty Brinton, CBS’s, Bob Hearts Abishola, Wallace, it’s, It’s, Olowofoyeku, Billy Gardell, Michael Yarish, Bob Hearts Abishola ” Organizations: CNN, Hulu, HBO, Max, Warner Bros ., University of South, Elon University, Netflix, ” Networks, CBS, BET Locations: She’s, University of South Florida, “, North Carolina, Nigerian, White, Los Angeles

☆ Masayoshi Son is the $100 billion gambler who went from dirt track to tech titan — and he isn't done betting yet
▼ + stars: | 2024-09-28 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +14 min

SoftBank founder Masayoshi Son has spent his life putting bold bets on the future of technology. SoftBank, the media-technology conglomerate Son founded two decades prior, was riding high on the glory it attained in the dot-com boom. He was told he was special," Barber told BI. "He wants to be seen as the great modernizer transforming this petrostate into a truly modern economy where technology is at the forefront," Barber told BI. But as previous cycles in Son's life dictate, the flurry of enthusiasm is typically followed by failure.

Persons: Masayoshi Son, Lionel Barber, —, Son, Bill Gates, Masa —, Uber, Barber, Vladimir Putin, Barack Obama, — he's, Jack Ma's Alibaba, Wang, he's, Napoleon Bonaparte, Genghis Khan, Qin Shi Huang, Emperor of, Microsoft's Gates, Jordan Strauss, Mitsunori, SoftBank, Rupert Murdoch, Larry Ellison, Jack Welch, Steve Jobs, Masayoshi, Justin Sullivan, Rajeev Misra, Nikesh Arora, Phil McCarten, Abu Dhabi's Mubadala, Mohammed bin Salman, Saudi, Michael Moritz, Kim Jong, Adam Neumann, Donald Trump, Wirecard, Jesus, NurPhoto, He's, Allen Lane Organizations: Service, Financial Times, Kremlin, Yahoo, Popular Electronics, Vision, Deutsche Bank, Google, Reuters, Saudi Arabia's Public Investment Fund, Vision Fund, Valley's, Sequoia Capital, Greensill, Nvidia, Signal Publishers Locations: Tokyo's Roppongi, Japan, Masayoshi, Washington, Wayne, Emperor of China, Kyushu, United States, Riyadh, Berkeley, Las Vegas

☆ Bull market enters fourth quarter with just about everything going its way
▼ + stars: | 2024-09-28 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

Then there's the upside progress made in the third quarter without the leadership of super-cap tech – the equal-weighted S & P 500 is up nearly 9% since June 30 and the Nasdaq 100 up less than 2%. Goldman Sachs here plots the S & P 500 forward P/E at the time of each initial rate cut in a cycle. For sure, a breather would make sense for the broad market, with the S & P 500 up 11 of the past 15 days. In either case, it's a notable deviation from the story of placid strength being told by the S & P 500 itself. The median Wall Street strategist target for the S & P 500 is now well below the current index level, usually not something one sees at an ultimate market peak.

Persons: Scott Chronert, isn't, Goldman Sachs, it's, John Kolovos, Bitcoin's Organizations: Nasdaq, Citi, Fed Locations: China

Republicans stand a good chance of erasing the Democrats’ narrow 51-49 Senate majority in November, a hard reality that complicates Harris' transition planning. Members of Harris’ transition team have studied that one — the handoff from Ronald Reagan to George H.W. Harris' team is operating under an unusually compressed timeline and is still building the basic apparatus needed to vet potential hires and staff an administration. Last month, Harris' campaign appointed Yohannes Abraham to run the team that is preparing for a transfer of power. He came to his new role with direct experience, having been executive director of Biden’s transition in 2020.

Persons: WASHINGTON, Kamala Harris, Harris, who’ve, Joe Biden, Biden, undercutting, —, Barack Obama, Robert Gates, George W, Bush's, Gates, ”, It’s, Ronald Reagan, George H.W, George H.W . Bush, They've, Hillary Clinton, Obama, Donald Trump, Yohannes Abraham, Abraham, Trump, “, she’s, Max Stier, There’s, Christine Wormuth, Kathleen Hicks, Michèle Flournoy, Rosa Brooks, ” Brooks, ” Harris, William Burns, Burns, who've, he's, Rohini Kosoglu, Harris ’, Julianne Smith, Phil Gordon, Sens, Chris Murphy, Chris Coons, Linda Thomas, Greenfield, Samantha Power, Walz, Pete Buttigieg, Buttigieg, it’s “, Gina Raimondo, Joe ”, ” Raimondo, Raimondo Organizations: Republican, Biden, Senate, NBC, Trump, Pentagon, Democratic, Senate Democrats, Republicans, University of Virginia's, Association of Southeast Asian Nations, ASEAN, Partnership for Public Service, Army, CIA, White House, NATO, United Nations, U.S . Agency for International Development, Transportation, Biden's Cabinet, Fox News Locations: Washington, George H.W ., U.S, Indonesia, Connecticut, Delaware, United, Biden's

☆ Here are Friday's biggest analyst calls: Apple, Dell, Wynn, Walmart, Best Buy, Costco, Netflix & more
▼ + stars: | 2024-09-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Piper Sandler upgrades Accenture to overweight from equal weight Piper upgraded the IT company following its earnings report. Goldman Sachs reiterates Costco as buy Goldman says it's sticking with the stock following earnings on Thursday. Citi downgrades Dollar General to sell from neutral Citi says it sees too many competitive challenges. JPMorgan adds Best Buy to the focus list JPMorgan says it sees an "improving product cycle" for Best Buy. Bank of America downgrades HP to neutral from buy The firm says it sees slowing earnings per share growth.

Persons: Morgan Stanley, Wynn, Piper Sandler, Piper, Goldman Sachs, Goldman, it's bullish, it's, Raymond James, Mercado, Roth MKM, Roth, Cantor Fitzgerald Organizations: Wynn Resorts, Deutsche Bank reinstates Dell, Deutsche, DELL, NASDAQ, Costco, " Bank of America, Apple, Bank of America, Apple Intelligence, UBS, Vista Energy, Citi, Pepsi Citi, Catalyst, Walmart, Cava, Mercado Libre, JPMorgan, Chesapeake Energy, Barclays, Netflix, HP Locations: UAE, Macau, BMBL, CAVA, HPQ

☆ 'Jailbreak: Love on the Run' looks at Casey White, a man who escaped prison with a corrections officer. Here's where he is now.
▼ + stars: | 2024-09-27 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

"Jailbreak: Love on the Run" revolves around Casey White, an inmate who escaped prison in 2022. He broke out of Lauderdale County Jail with the help of corrections officer, Vicky White. It revolves around Casey White, who was given a 75-year prison sentence for attempted murder and robbery in 2015. Casey White remains in prison, and he was almost charged with Vicky White's death. Casey White being escorted by police officers as seen in Netflix's "Jailbreak: Love on the Run."

Persons: Casey White, Vicky White, Casey, —, Connie Ridgeway, Vicky, Vicky White's, Vicky's, William E, Ridgeway, Austin Williams, There's Organizations: Netflix, Service, CNN, Donaldson, Alabama Department of Corrections, Fox News Locations: Lauderdale County, Lauderdale County Jail, Alabama, Lauderdale, Florence , Alabama, Evansville , Indiana, Bessemer

☆ Alibaba, Tencent rally as Beijing stimulus plans push China's tech stocks to 13-month high
▼ + stars: | 2024-09-27 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The e-commerce giant's shares in Hong Kong are around 18% higher this week. Chinese tech stocks, including beaten-down names like Alibaba, rallied this week, hitting highs not seen in more than a year after China's central bank announced measures to stimulate the world's second-largest economy. Prior to the cuts, investors had been cautious on Chinese tech stocks like Alibaba and Meituan which are sensitive to the economy and consumer in China. However, big-name investor have started to strike a bullish tone on Chinese stocks. Despite the latest upswing, Chinese tech stocks remain significantly off their all-time highs hit in 2021.

Persons: Alibaba, David Tepper, Evelyn Cheng Organizations: Hong, Hang Seng Tech, Hong Kong, People's Bank of, Billionaire, CNBC, U.S . Federal Reserve, Baidu Locations: U.S, Hong Kong, People's Bank of China, China

☆ Key Fed inflation gauge at 2.2% in August, lower than expected
▼ + stars: | 2024-09-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Economists surveyed by Dow Jones had been expecting all-items PCE to rise 0.1% on the month and 2.3% from a year ago. Excluding food and energy, core PCE rose 0.1% in August and was up 2.7% from a year ago, the 12-month number 0.1 percentage point higher than July. "All quiet on the inflation front," said Chris Larkin, managing director of trading and investing at E-Trade from Morgan Stanley. Personal income increased 0.2% on the month while spending rose 0.2%. At their meeting last week, policymakers indicated a likelihood of another half percentage point in cuts this year then a full point in reductions for 2025, though markets expect a more aggressive path.

Persons: Dow Jones, Chris Larkin, Morgan Stanley Organizations: Commerce Department, Fed, Stock Locations: U.S

☆ US Navy warships fought off a 'complex' missile and drone attack in the Red Sea
▼ + stars: | 2024-09-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

US Navy ships operating in the Red Sea shot down a number of Houthi missiles and drones on Friday. AdvertisementUS Navy warships shot down a barrage of Houthi missiles and drones in the Red Sea on Friday in what a Pentagon spokesperson described as a "complex attack." The Houthis said earlier that they targeted three Navy warships with nearly two dozen ballistic missiles, cruise missiles, and drones. The increased Red Sea presence comes amid heightened fears of an all-out conflict between Israel and the Lebanon-based Hezbollah, another militant group backed by Iran. US forces said they destroyed one missile system in Yemen and two drones over the Red Sea during this time period.

Persons: —, Sabrina Singh, Singh, they're, Michael Murphy, Houthi, Frank E, Petersen, USS Spruance, USS Stockdale, Spruance, Stockdale Organizations: Pentagon, Service, Navy, US Navy Locations: Iran, Indianapolis, Red, Israel, Lebanon, Gulf, Aden, Yemen

☆ 36-year-old’s Etsy side hustle brings in $220,000 a year—and costs under $40 to start: ‘You really can make a very good living’
▼ + stars: | 2024-09-27 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

She started a print-on-demand shop, using Canva software to create designs for Etsy-friendly products like T-shirts and candles. Last year, Odio-Sutton opened a second Etsy shop — selling downloadable event materials, like sign-up sheets and schedule templates — that's brought in $17,200 in sales so far in 2024. I'll batch design 10 candle labels one day, then make the listings for them on Etsy the next day. I follow what I'd call a template method: I do a lot of black-and-white designs, a lot of plain text. Then, if I have a template that sells really well, I'll just go in and swap in new words.

Persons: they've, Emily Odio, Sutton, She'd, She's, that's, —, I'm Organizations: CNBC, Gold City Ventures Locations: Melbourne , Florida, Sutton, Odio, U.S

Lebanese authorities have said that the devices used in the attacks were Gold Apollo Rugged Pager AR-924 pagers and ICOM IC-V82 walkie-talkies. The logo of Taiwanese company Gold Apollo is seen outside its office in New Taipei City on September 18, 2024. Yan Zhao/AFP/Getty ImagesThe chairman and founder of Taiwan-based Gold Apollo, Hsu Ching-kuang, was questioned by Taiwanese prosecutors last Thursday before being released. On its YouTube channel and website, Apollo Systems HK said that it had acquired the “sole distribution rights” to Gold Apollo pager systems. Hsu Ching-kuang (L), head of Taiwanese company Gold Apollo, speaks to the media outside the company's office in New Taipei City on September 18, 2024.

Persons: Budapest CNN — Israel, Yoav Gallant, “, Shin, Israel, Sean Moorhouse, ” Moorhouse, Mohamed Azakir, –, Gold, ICOM, Yan Zhao, Hsu Ching, Hsu, Teresa, Teresa Wu, Wu, Jakub Porzycki, Cristiana, Arcidiacono, ’, DANS, Dimitar Glavchev, Rinson Jose, Jose, Hassan Nasrallah, ” Nasrallah, ”, Hassan Ammar, Volker Türk, Pallabi Munsi, Katie Polglase, Tara John, Eyad Kourdi, Avery Schmitz Organizations: Budapest CNN, Getty, Israel, CNN, British Army, American University of, American University of Beirut Medical Center, Reuters, United Nations, UN Security, UN, International, New York Times, Consulting, Budapest, Gold, Prosecutors, BAC Consulting, Apollo Systems Ltd, Taiwan’s International Trade Administration, Apollo Systems, Apollo Systems HK, YouTube, Apollo, AA, ”, NBC News, Norta Global, Norta, Norwegian Police Security Service, Security, “ Authorities Locations: Beirut, New Taipei City, Budapest, Lebanon, Beirut's, AFP, American University of Beirut, Taiwan, Hungary, Taipei, Taipei City, Hong Kong, United States, Australia, Europe, Bulgaria, Norway, Anadolu, pagers, Sofia, Norwegian, Gaza

☆ WNBA viewership soars to new record, while attendance hits more than two-decade high
▼ + stars: | 2024-09-27 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

The Women's National Basketball Association's viewership and attendance boomed during the 2024 season, as the league's popularity soared due to young stars like Caitlin Clark and Angel Reese. The league's games drew more than 54 million unique viewers, an all-time record, across various networks including Disney 's ABC and ESPN, Paramount Global' s CBS, E.W. Scripps' Ion and NBA TV, among others, according to data the WNBA released on Friday. In addition, WNBA game attendance hit its highest level in 22 years, and grew almost 50% from the 2023 season, according to the league. Asked about the dynamic on CNBC earlier this month, WNBA Commissioner Cathy Engelbert did not explicitly condemn the vitriol toward players, sparking criticism from around the league.

Persons: Caitlin Clark, Destanni Henderson, Angel Reese, Scripps, Ion, Clark, Reese, Cathy Engelbert Organizations: Indiana, Atlanta, WNBA, Gainbridge Fieldhouse, Disney, ABC, ESPN, Paramount, CBS, E.W, NBA, Indiana Fever, Chicago Sky, Las Vegas Aces, CNBC Locations: Gainbridge, Indianapolis , Indiana, Portland

☆ How to remove pet stains from carpet
▼ + stars: | 2024-09-26 | by ( Bethany Heitman | Bethany Heitman Is A Contributing Editor At Nbc Select. | ) www.nbcnews.com time to read: +5 min

“There’s no one-size-fits-all solution to pet stains,” says Eliana Coca, owner of E.C. SKIP AHEAD What happens if you don’t properly clean pet stains? | How to treat dog or cat urine and vomit stains | How to clean pet poop stains | 5 highly rated pet stain cleanersWhat happens if you don’t properly clean pet stains? Dealing with pet stains is not one of those times. How to clean pet poop stainsYou now know how to treat vomit and pee, but what about poop?

Persons: that’s, Muffetta Krueger, Krueger, ”, Bethany Heitman, TikTok Organizations: NBC, Facebook, Twitter Locations: You’ll, Massachusetts, New York

Formula 1 driver Daniel Ricciardo was dismissed Thursday by the Red Bull Racing junior team effectively immediately, ending his second stint in the sport with an unusual mid-season departure. The move comes as the once-dominant Red Bull faces fresh struggles in the 2024 championship, and difficult questions about its future. The RB team is known for auditioning potential candidates to promote to the senior Red Bull team. Ricciardo began driving for the Red Bull junior team in 2011 before getting promoted to the senior team in 2014. Mekies welcomed Lawson, who has impressed leaders of the Red Bull team while occasionally subbing in for one of its drivers.

Persons: Daniel Ricciardo, “ I’ve, ” Ricciardo, “, It’ll, Liam Lawson, Autodromo Enzo e Dino, Rudy Carezzevoli, Laurent Mekies, ”, ” Mekies, “ Daniel, Bull, Max Verstappen, McLaren’s Lando Norris, Ricciardo, Red Bull, Circuit Gilles Villeneuve, Darren Heath, Carlo, Mark Thompson, hasn’t, McLaren, Mekies, Lawson, “ I’d, Liam Organizations: Red Bull Racing, Red Bull, Emilia, Romagna, Autodromo Enzo, Circuit, Team, Bull, NBC News, McLaren, Canadian, Monaco, Circuit de Monaco, Red, Verstappen Locations: U.S, Austin , Texas, Las Vegas, Australia, Imola, Italy, ”, Montreal, Monte, Singapore

☆ These China stocks are favored by analysts no matter how the central bank stimulus pans out
▼ + stars: | 2024-09-26 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Stocks in China rose in response, with the CSI 300 Index climbing 4.3% Tuesday, its best day since July 2020. But whether or not the latest policy steps succeed, CNBC Pro screened for China stocks that analysts praise regardless of the pace of economic growth at home. About three quarters of analysts covering PDD rate it a buy, and the stock could climb roughly 43% based on analysts' consensus price target. On Tuesday, after the announcement of the latest policies to revive the flagging China economy, PDD shares in the U.S. jumped more than 11%. Other names on the list of favored China stocks included online learning and tutoring provider TAL Education Group and digital shipping platform Full Truck Alliance .

Persons: Hong, Morgan Stanley, Terence Flynn, Flynn, CoreValues, Ben Harburg, CNBC's, Harburg, Biden Organizations: People's Bank of China, CSI, CNBC Pro, China ETF, Therapeutics, YE25, U.S, TAL Education Group, Alliance Locations: China, Ph3, U.S

☆ My dream job at Google came with a great salary and perks but a nightmare 4-hour commute. It was totally worth it.
▼ + stars: | 2024-09-26 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

I had never visited San Francisco and arrived without a place to live. Once I got my bearings in San Francisco, I would start chasing after the dream job for which I uprooted my life. The perks were as good as advertised, and Google met my expectations of a dream job. I had moved across the country for my dream job, so I wouldn't let a four-hour daily commute stop me now. It started by uprooting my life and commuting four hours a day for my dream job at Google, and it was totally worth it.

Persons: —, Mike Manalac, It's, Vince Vaughn, Owen Wilson, San Francisco I, Tesla, I'd, don't, Lauryn Haas Organizations: Service, Google, CPA, Business, Walmart's, Silicon, Baltimore, Facebook, Fortune, Big Tech, Amazon Prime, LinkedIn, Sunnyvale, San, lhaas Locations: Chicago, CohnReznick, Baltimore, PwC, San Francisco, Sunnyvale , California, Silicon Valley, San, San Bruno, Sunnyvale, East Coast , West Coast, Midwest

☆ Klarna partners with fellow fintech Adyen to bring buy now, pay later into physical stores
▼ + stars: | 2024-09-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Jakub Porzycki | NurPhoto | Getty ImagesSwedish firm Klarna is partnering up with Dutch payments fintech Adyen to bring its popular buy now, pay later service into physical retail stores. Klarna will be included as an option across more than 450,000 Adyen payment terminals in brick-and-mortar locations as a result of the deal, according to the companies. Klarna's buy now, pay later, or BNPL, service allows users to spread the cost of their purchases over a period of interest-free installments. Earlier this year, Klarna sold Klarna Checkout, the company's online checkout solution for merchants. The recently elected U.K. Labour government is expected to set out plans for buy now, pay later regulation soon.

Persons: Jakub Porzycki, Klarna, David Sykes, Alexa von Bismarck, Adyen, Sebastian Siemiatkowski, BNPL, Tulip Siddiq Organizations: NurPhoto, Getty, Klarna, Adyen, EMEA, Alexa, CNBC, Labour, Conservative Locations: Amsterdam, Europe, North America, Australia, Swedish

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