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“They’re going to make a decision in the presidential race, where they’ll weigh a series of considerations. Sen. Bob Casey, D-Pa., and Republican Senate candidate Dave McCormick. “My view is also that President Trump’s right, that France and Germany should pay their fair share,” he added. ”I don’t give advice to the former president,” McCormick said, adding that Republicans writ large “need to focus on a battle of ideas” rather than personal attacks. Trump’s going to do whatever he wants to do.”

Persons: Democratic Sen, Bob Casey, Dave McCormick, Kamala Harris, Donald Trump, Casey, McCormick, Harris, “, ” Casey, “ They’re, They’re, ”, Seth Klein, isn't, “ I’m, I’m, ” Klein, Sen, Trump, Mehmet Oz, He’s, “ I’ve, I’ve, ” McCormick, ” Trump, Trump’s, ” I’m, Trump’s Butler, nominee’s, I’ll, it’s, Harris “, ” Bradley Flenory, ” Flenory, Trump’s Trump Organizations: Democratic, White, Senate, NBC News, University of Pittsburgh, Democratic Party, Republican, Getty, Wall Street Republican, Pennsylvania, GOP, Republicans, Trump, United States Congress, Catholic Locations: HARRISBURG, Pa, Pennsylvania, Ohio , Montana, Arizona, Pittsburgh, Erie, California , New York, Ukraine, . Pennsylvania, Ukrainian, France, Germany, China, Frackville

☆ Taiwan shuts down as Typhoon Krathon brings torrential rain
▼ + stars: | 2024-10-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

KAOHSIUNG, Taiwan — Taiwan shut down on Wednesday, grounding hundreds of flights and closing schools, offices and financial markets ahead of the arrival of a weakening Typhoon Krathon, with one person reported dead and torrential rain lashing the island’s south. Although the typhoon has weakened, the threats from a storm surge, strong winds and rain remain as it slowly makes its way toward Taiwan’s coast, weather forecasters said. The typhoon would lose power once it hit land, said Kaohsiung Mayor Chen Chi-mai, but would still bring intense winds and rain. Once it hits land, the typhoon could be downgraded into a tropical depression and dissipate, which has happened only once before in Taiwan, in 2001, forecasters said. In Taipei, some malls and shops remained open, with rain only expected later in the day.

Persons: Thelma, Chen Chi, ”, Tommy Wang, Gaemi, Yu Ren, Chou Yi, Power, Chou Organizations: Getty, Central Weather Administration, Apple, Nvidia Locations: KAOHSIUNG, Taiwan, Kaohsiung, Taiwan’s, Hualien, Taipei, Taoyuan, AFP, Tainan, Siaogang

☆ Daniel Day-Lewis officially ends retirement from acting for son’s film ‘Anemone’
▼ + stars: | 2024-10-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +3 min

Daniel Day-Lewis, widely considered one of the greatest actors of his generation, is emerging from retirement after seven years away from the big screen. He’s starring in Focus Features and Plan B’s upcoming film “Anemone,” which marks the directorial debut of his son, Ronan Day-Lewis. Daniel Day-Lewis and Ronan Day-Lewis co-wrote the film, described as an exploration of the intricate relationships between fathers, sons and brothers as well as the “dynamics of familial bonds.” Daniel Day-Lewis will lead the cast of “Anemone” his first acting gig since 2017’s “Phantom Thread,” alongside Sean Bean, Samantha Morton, Samuel Bottomley and Safia Oakley-Green. “We could not be more excited to partner with a brilliant visual artist in Ronan Day-Lewis on his first feature film alongside Daniel Day-Lewis as his creative collaborator,” Focus Features chairman Peter Kujawski said in a statement. “I knew it was uncharacteristic to put out a statement,” Daniel Day-Lewis said.

Persons: Daniel Day, Lewis, Ronan Day, ” Daniel Day, Sean Bean, Samantha Morton, Samuel Bottomley, Safia Oakley, Peter Kujawski, “, ”, Ben Fordesman, Jane Petrie, Chris Oddy, Steven Spielberg’s “, ” Paul Thomas Anderson’s “, Jim Sheridan’s “, ” He’s, Martin Scorsese, ” Scorsese Organizations: Focus, “, National Board Locations: Hong Kong, New York City, Los Angeles, Steven Spielberg’s “ Lincoln, York

World Central Kitchen, a relief organization that provides meals after humanitarian crises and weather disasters, said Tuesday it has served more than 64,000 meals in the aftermath of Helene. Thirty-five food trucks are in operation, and the group is setting up field kitchens in Asheville, North Carolina, and Clearwater, Florida, according to an email from World Central Kitchen. More than 23,000 meals have been served in Tennessee and North Carolina. “We’ll be ramping our hot meal distribution up very shortly as our kitchens come online,” World Central Kitchen said in the email. Five water tankers capable of carrying 6,200 gallons were sent to western North Carolina because shortages caused by infrastructure damage, according to World Central Kitchen.

Persons: Helene, Jose Andres, CNN’s Anderson Cooper, José Andrés, JTPPxobwfD — Anderson Cooper, “, Andres, Arthur Blank Organizations: Kitchen, Central, Federal Emergency Management Agency, National Guard, NFL’s Atlanta Falcons, Major League Soccer’s Atlanta United Locations: Asheville , North Carolina, Clearwater , Florida, Georgia, Florida, Asheville, Anderson, Asheville , NC, North Carolina, Tennessee

☆ Bank of America's top ideas for the fourth quarter including Starbucks and Walmart
▼ + stars: | 2024-10-02 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Analyst Sara Senatore said the recent arrival of CEO Brian Niccol is a potential catalyst for Starbucks stock. She expects the former Chipotle chief to turn around Starbucks' North American business more quickly and with less investment than expected. SBUX YTD mountain Starbucks stock. Walmart stock has advanced more than 54% in 2024. WMT YTD mountain Walmart stock.

Persons: Anthony Cassamassino, Sara Senatore, Brian Niccol, Robert Ohmes, Ohmes Organizations: Bank of America, Dow Jones, Walmart, Bank of America's, Hasbro Locations: Iran, Israel

☆ Yale's Stephen Roach: Markets are in danger of being 'whipsawed' by Middle East conflict, U.S. unemployment
▼ + stars: | 2024-10-02 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +3 min

Ilia Yefimovich/dpa | Picture Alliance | Getty ImagesMarkets are in danger of being "whipsawed" by the combination of regional conflict in the Middle East and rising unemployment in the United States, says Stephen Roach, senior fellow at Yale Law School's Paul Tsai China Center. Most Asian markets fell on Wednesday, tracking losses on Wall Street overnight, as investors fretted over rising tensions in the Middle East. A higher-than-expected unemployment rate could prompt the Fed to accelerate the easing cycle to achieve a soft landing. The unemployment rate in September is expected to come in at 4.2%, according to data of a Reuters poll on LSEG, unchanged from the August figure. The unemployment rate had jumped to near a three-year high of 4.3% in July, a dramatic rise from the five-decade low of 3.4% in April 2023.watch now

Persons: Ilia Yefimovich, Stephen Roach, Yale Law School's Paul Tsai, Hassan Nasrallah, Roach, CNBC's, Stephen Stanley, Kelvin Tay Organizations: Missiles, Getty, Yale Law, Yale Law School's Paul Tsai China Center, Wall, Israel Defense Forces, Santander, Organization of, Petroleum, Energy Information Administration, UBS Global Wealth Management, U.S . Federal Reserve, Traders, U.S, U.S . Federal Locations: Israel, Tel Aviv, Iran, United States, Iranian, Lebanon, U.S .

☆ The Gap comeback that might actually be working
▼ + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com time to read: +21 min

Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.

Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, ”, Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, —, Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, “, Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana

☆ Private payrolls show better-than-expected growth of 143,000 in September, ADP says
▼ + stars: | 2024-10-02 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Private sector hiring picked up in September, indicating the labor market is holding its ground despite some signs of weakness, payrolls processing firm ADP reported Wednesday. While hiring increased, the rate of pay growth took another step down. The ADP count comes two days ahead of the Labor Department's nonfarm payrolls report, which is expected to show growth of 150,000, following August's disappointing showing of 142,000, of which 118,000 came from private sector hiring. While the ADP report serves as a precursor to the official count, the two can differ, sometimes by wide margins. In a speech Monday, Fed Chair Jerome Powell characterized the labor market as "solid" while noting that it has "clearly cooled" over the past year.

Persons: Dow Jones, switchers, Job, nonfarm, Jerome Powell, Powell Organizations: Companies, Labor, Federal Reserve

☆ Daniel Day-Lewis ends acting retirement for a movie directed by his son
▼ + stars: | 2024-10-02 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

New York AP —Daniel Day-Lewis is coming out of retirement, seven years after his last movie, for a film directed by his son Ronan Day-Lewis. The project was announced Tuesday by Focus Features and Plan B, which are partnering on “Anemone.” The film, Ronan Day-Lewis’ directorial debut, will star his father along with Sean Bean and Samantha Morton. Earlier Tuesday, Daniel Day-Lewis and Bean were spotted riding a motorbike through Manchester, England, stoking intrigue about his impending return to acting. After making Paul Thomas Anderson’s 2017 film “Phantom Thread,” the 67-year-old had said he was quitting acting. “We could not be more excited to partner with a brilliant visual artist in Ronan Day-Lewis on his first feature film alongside Daniel Day-Lewis as his creative collaborator,” said Peter Kujawski, chair of Focus Features.

Persons: Daniel Day, Lewis, Ronan Day, Lewis ’, Sean Bean, Samantha Morton, Bean, Paul Thomas Anderson’s, ”, Martin Scorsese, ” Ronan, “, Peter Kujawski Organizations: York AP, Focus, Magazine, National Board Locations: Manchester, England, York, New York, Hong Kong

☆ Dockworkers are waging a battle against automation. The rest of us may want to take notes
▼ + stars: | 2024-10-02 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Here’s the deal: The East Coast port strike is getting a lot of attention for its potential disruption to the economy — which is precisely the point. No dockworkers means no bananas (or whatever), which means no profits for the companies that produce and ship them. While research shows automation has obvious benefits, like lower operating costs and fewer human-related errors, port automation does not, on its own, significantly improve performance, according to a 2018 McKinsey report. But automation anxiety is rapidly spilling over into office work, where managers are adopting AI in the hopes of replacing human work or amplifying production. As Washington Post columnist Heather Long wrote Tuesday, the strike is “an early battle of well-paid workers against advanced automation.

Persons: CNN Business ’, It’s, ”, Dennis Daggett, Mark Felix, Sameera Fazili, Biden, it’s, …, ” Fazili, Heather Long Organizations: CNN Business, New York CNN, Hollywood, McKinsey, International Longshoremen’s Association, Economic, Getty, National Economic Council, Washington Locations: New York, East Coast, China, Singapore, Europe, Port of New York, New Jersey, Long Beach, Los Angeles, AFP

☆ Young Chinese are 'retiring' in the countryside as China's unemployment woes grate
▼ + stars: | 2024-10-02 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +6 min

Vcg | Visual China Group | Getty ImagesFed up with China's employment situation, young people on the mainland are retreating to the countryside. China's youth unemployment rate in August hit a new record of 18.8%, the highest since the new system of record-keeping began in December. Young Chinese transplanting rice seedlings in a field. Vcg | Visual China Group | Getty ImagesBut China's young "retirees" have pushed back against criticism that they are too picky or have given up. Such accusations, while unfair, are understandable in Chinese societal culture and context, said Hang Seng Bank China's Wang.

Persons: Gen, Wenzi Dada, Chung Chi, Chung Chi Nien, That's, Chung, Dan Wang, Wang, Keyu Jin, Wenzi, Gen Z Organizations: Visual China, Getty, CNBC, Hong Kong Polytechnic University, Hang Seng Bank, London School of Economics, Hang Seng Locations: Chongqing, China, Guizhou, Wenzi, Yunnan, Sichuan —, Shanghai, Hang Seng Bank China

☆ 2 big reasons gold prices are set to surge 9% by early next year, according to Goldman Sachs
▼ + stars: | 2024-10-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Goldman Sachs predicts gold prices will hit $2,900 per troy ounce by early 2025. AdvertisementThe price of gold is set to extend its record-setting rally to new highs by early 2025, according to a note from Goldman Sachs. Goldman boosted its gold price target to $2,900 per troy ounce from $2,700, representing upside of about 9% from current levels. AdvertisementSuch gains would come after gold prices have already rallied 29% year-to-date. Goldman highlighted that the central banks of emerging market countries like China are behind the structural advance of gold prices since 2022.

Persons: Goldman Sachs, Goldman, —, Lina Thomas, Thomas Organizations: Service, London OTC Locations: China, London, Israel, Iran, East

☆ What is happening between Israel and Iran and how might Israel respond to the latest attacks?
▼ + stars: | 2024-10-02 | by ( Helen Regan | ) edition.cnn.com time to read: +9 min

It’s the second time Iran has launched an aerial attack on Israel this year, but Tuesday’s barrage was of a different magnitude. Israel's anti-missile system intercepts rockets after Iran fired a salvo of ballistic missiles, as seen from Ashkelon, Israel, on October 1, 2024. While the Israeli military said most of the missiles were intercepted, some landed on Israeli soil and appeared to cause damage. Atta Kenare/AFP/Getty ImagesIn Gaza, Israel’s war against Hamas grinds on almost a year after the Palestinian militant group’s attack on Israel. Since Israel’s war in Gaza began, US troops have also been the target of escalating attacks by Iran-backed proxy groups.

Persons: Benjamin Netanyahu, Israel, Hassan Nasrallah, Israel –, Amir Cohen, Pat Ryder, “, Nasrallah, Jonathan Panikoff, Hezbollah's, Atta Kenare, Ismail Haniyeh, PMO, Netanyahu, Naftali Bennett, Masoud Pezeshkian, Alexi J . Rosenfeld, Matthew Miller, Lloyd Austin Organizations: CNN, Israel, Reuters, Air Base, Tel Nof Air Base, Pentagon, Hezbollah, Getty, Hamas grinds, Islamic Revolutionary Guard Corps, Israeli, New, State Department, US Navy, US Army, US, Israel . Defense Locations: Israel, Iran, Lebanon, Beirut, Here’s, Syria, Ashkelon, Reuters Iran, Tehran, Tel Aviv, Israel’s, Washington, Yemen, Tehran's Palestine, AFP, Gaza, Iranian, Iraq, East, New York City, Eshkol Region, Jordan

☆ I'm a college student who lived alone in a studio apartment. I became more independent, but the financial burden was too much.
▼ + stars: | 2024-10-02 | by ( Alex Klaus | ) www.businessinsider.com time to read: +5 min

Living alone as a college student taught me how to be independent and build community. However, when the pandemic moved classes online in the middle of my freshman year, I moved back in with my parents to attend a local community college. But I'm now moving in with a roommate for my last year of collegeI loved living alone, but it isn't for everyone. I had to make a tough decision: Do I want to spend my last year in college working harder than ever to pay rent? In two months, I'm moving into an apartment with my friend that is closer to campus and almost $200 less in rent.

Persons: —, weren't, I'm, Alex Klaus Organizations: Service, Central Michigan University, Wayne State University, Connect, LinkedIn Locations: Detroit, Detroit , Michigan

☆ War analysts say the massive Iranian missile attack the US called 'ineffective' likely wasn't just for show
▼ + stars: | 2024-10-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Iran launched a massive ballistic missile strike on Israel yesterday. War analysts suggest the attack was likely intended to overwhelm air defenses and damage specific military targets. AdvertisementIran's strike on Israel on Tuesday with over 180 ballistic missiles was a massive attack, what appears to be the largest single ballistic missile barrage in history. The attack was largely ineffective, US and Israeli officials said, but conflict experts say it wasn't just for show. Despite this, the attack was reportedly largely repelled by Israeli air defenses, as well as assets from the US and its allies and partners.

Persons: —, Hassan Nasrallah, Ismail Haniyeh, HOSSEIN BERIS, ISW, Jake Sullivan, Kamala Harris Organizations: Service, Institute for, Washington DC, Israel Defense Forces, Security Locations: Iran, Israel, Washington, Iranian, Syria

☆ The big catalyst for the week: How to trade Friday’s job report
▼ + stars: | 2024-10-02 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

The best-case scenario for stocks is if Friday's jobs report comes in slightly above consensus, according to JPMorgan. Here are the bank's five scenarios: Above 200,000 jobs added: The S & P 500 trades flat or as much as 0.5% higher. Between 160,000 to 200,000 jobs added: The S & P 500 gains between 1% and 1.5%. Between 140,000 to 160,000 jobs added: The S & P 500 rises by 0.75% to 1.25%. Between 110,000 to 140,000 jobs added: JPMorgan traders see the S & P 500 sliding between 0.5% and 1.5%.

Persons: Jerome Powell, Dow Jones, JPMorgan's, Michael Feroli, nonfarm Organizations: JPMorgan, Investors, Federal Locations: U.S

☆ Rates won't fall back to pre-pandemic levels as geopolitical conflict and supply chain issues create problems for world economies, BofA exec says
▼ + stars: | 2024-10-02 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

That's led the market to assume rates will fall to pre-pandemic lows, BofA's Bernard Mensah says. Yet, inflationary risks will likely keep rates elevated, Mensah says. Before the pandemic, in the decade following the Great Financial Crisis, interest rates remained at historical lows. Despite the Fed's apparent confidence that pricing pressures have eased, Mensah says a variety of inflationary risks will keep interest rates higher. Other analysts have also pointed to inflation risks from geopolitical conflicts.

Persons: That's, BofA's Bernard Mensah, Mensah, —, Bank of America's Bernard Mensah, Rowe Price, Tomasz Wieladek Organizations: Fed, Service, Federal Reserve, Bank of America's, Bloomberg Locations: US, China, England, Switzerland, Sweden, Canada, Mexico

☆ India has emerged as one of the best global markets for the long haul. Here are the drivers—and how to play the rally
▼ + stars: | 2024-10-02 | by ( Pia Singh | In | ) www.cnbc.com time to read: +7 min

India's recent stock market surge has investors viewing the country as an emerging market poised for long-term outperformance. The India NSE Nifty 50 Index , the country's domestic stock market benchmark, has soared 18.7% this year, hitting record levels. "The data show that, historically, the Indian market has offered robust returns with reduced volatility." Going back to 2015, INDA has seen bigger annual gains and smaller declines than the broader emerging market fund. How to play the Indian market Financials are among investors' favorite spots in India's booming stock market.

Persons: It's, Malcolm Dorson, Dorson, GlobalX, Russell, —, EEM, INDA, Amr Abdel Khalek, Khalek, Jerome Powell, Venugopal Garre, Krishna Mohanraj, You've, Mohanraj Organizations: India NSE, Global, CNBC, U.S, Federal, Fed, Nasdaq, China, MRB Partners, Traders, Barclays, Diamond Hill Capital Management, HDFC Bank, ICICI Bank, Axis Bank, ICICI, HDFC, Whitehaven Coal, Prestige Estates Locations: India, China, Dorson, U.S, Whitehaven

☆ Israel could launch a counterattack on Iran within days — but there's a key reason Netanyahu has less to fear this time
▼ + stars: | 2024-10-02 | by ( Mikhaila Friel | Thibault Spirlet | ) www.businessinsider.com time to read: +7 min

Iran launched a massive missile attack on Israel on Tuesday. AdvertisementIsrael may carry out a revenge attack on Iran within days, targeting oil sites, nuclear facilities, and key political figures, according to security experts. It comes in the wake of Iran's attack on Tuesday, in which Tehran reportedly fired nearly 200 missiles at Israel. "It is likely that the Israeli leadership has already anticipated the Iranian attack and has prepared for it," Voller said. Israeli Prime Minister Benjamin Netanyahu holds a meeting with the Security Cabinet after Iran's missile attacks on Israel in West Jerusalem on October 1, 2024.

Persons: Benjamin Netanyahu, —, Chris Doyle, Israel, Clionadh, underestimating, Doyle, Voller, Avi Ohayon, Axios, Ameneh, who's, ACLED Organizations: Service, Business, UK's University of Kent, Council, Center for Strategic, International Studies, Getty, US Central Command, Islamic Revolutionary Guard Corps Locations: Iran, Israel, Tehran, Israeli, Middle East, Lebanon, British, Clionadh Raleigh, West Jerusalem, Anadolu, United States, East, Raleigh

☆ Stock market today: US stocks edge up amid Middle East turmoil as traders turn to incoming data
▼ + stars: | 2024-10-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

US stocks closed higher on Wednesday as traders looked to coming economic data. The September jobs report, a key data point for the next rate move, is due out Friday. AdvertisementUS stocks ended slightly higher on Wednesday as traders anticipated key economic data in the US and looked past simmering tensions in the Middle East. Markets are also taking in positive jobs data, with the private sector adding 143,000 jobs last month, according to ADP. The latter will serve as a key data point when central bankers decide how much further to cut interest rates.

Persons: Traders, —, José Torres, Torres, tomorrow's Organizations: Service, Investors, Interactive Brokers, ADP, Here's Locations: Iran, Israel

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Persons: You'll, Chase Travel ℠, Chase, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Miles, Marriott, Regis, Cash, stow, HBO Max, Insider’s, Read, Cardholders, it's, IHG, you'll, cardholders, It's, General Delta, they're, there's, Jasmin Baron, Angela Fung Organizations: Business Insider, Citi, Mastercard, American, TSA, Trusted, U.S . Customs, Border Protection, Business, Chase, American Express, CBP, Chase Sapphire, Chase Travel, Sapphire, FDIC, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, Global, Saks Fifth, Capital, One, Elite, Marriott Bonvoy, Ritz, Carlton, TSA PreCheck, Cell, New Hampshire Insurance Company, AIG Company, Hotels, Resorts, United, InterContinental ®, Crowne Plaza, United ®, United Club, ℠, Delta, Delta SkyMiles, U.S, Card, Delta SkyMiles ®, Delta Sky Clubs, ®, SkyMiles ®, Delta Sky Club, Delta Sky, EV, Netflix, Hulu, Spotify, Apple Music, HBO, Bank, US Bank, cardholder, Samsung, Delta Airlines, Air Canada Aeroplan, British Airways, Wyndham, One Venture, NEXUS, Chase Sapphire Reserve, Citi ®, American Airlines, Admirals Club, AA itineraries, Citi AAdvantage, Express Card, American Express Card, Delta SkyClub, Apple, Free, Credit, Delta Diamond Medallion, Finance Locations: U.S, Hulu, Caribbean, delta.com, Canadian, Delta, AmexTravel.com, Chevron, Canada

☆ South Korea inflation cools more than expected as rate cut talk grows
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: +1 min

Pedestrians walk past food stalls and shops in the Myeongdong shopping district of Seoul on March 26, 2024. South Korea's consumer inflation cooled more than forecast in September and below the central bank's target for the first time since early 2021, amid growing expectations of an imminent policy easing. The consumer price index rose 1.6% in September from a year earlier, after a rise of 1.9% in August, data from Statistics Korea showed on Wednesday. It was weaker than a median 1.9% increase tipped in a Reuters poll of economists and marked the weakest annual increase since February 2021. The reading was below the Bank of Korea's medium-term target of 2% and comes amid growing talk among policymakers and market participants about an imminent interest rate cut with the next policy meeting scheduled for Oct. 11.

Organizations: Statistics Korea, Bank of Locations: Seoul

☆ Are Alex and Tim from 'Love Is Blind' season 7 still together? Their shocking off-screen argument is a major cliffhanger
▼ + stars: | 2024-10-02 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

"Love Is Blind," one of Netflix's biggest reality series, is back for its seventh season. On a date in episode four, Tim gives Alex a bracelet that his oldest sister had given his middle sister with the inscription, "Love eternal, sis." You have a ring on your finger," Tim tells Alex. Only time will tell if Alex and Tim are able to make it past their issues. AdvertisementThe next episodes of "Love Is Blind" season seven will air on Wednesday, October 9 on Netflix.

Persons: Tim, —, somethings, Alex, he's, Tim don't, they're Organizations: Service, Netflix, US Locations: Washington, D.C, Japan, Brazil, Sweden, Mexico, United Kingdom

☆ What a resurgence in Wall Street dealmaking means for Morgan Stanley and Wells Fargo
▼ + stars: | 2024-10-02 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Great news for Club stocks Wells Fargo and Morgan Stanley : The rebound in investment banking isn't over yet. We'll find out to what extent when Wells Fargo reports earnings on Oct. 11 and Morgan Stanley delivers quarterly results on Oct. 16. MS YTD mountain Morgan Stanley (MS) year-to-date performance For Morgan Stanley, a resurgence in its investment banking division is crucial to our investment thesis and why we stuck with it. WFC YTD mountain Wells Fargo (WFC) year-to-date Morgan Stanley's IB business is much larger than Wells Fargo's. Wells Fargo, which has a strong wealth management franchise, is branching out to take a slice of the IB pie.

Persons: Morgan Stanley, We'll, Wells, Jerome Powell, Powell, Rebecca Brokmeier, Brokmeier, Morgan, Jim Cramer, Goldman Sachs, underperformance, Dan Simkowitz, Jim, We've, Charlie Scharf, Jim Cramer's, William McChesney Martin Jr, Anna Moneymaker Organizations: Club, Wells, Federal Reserve, Wall, P Global Market Intelligence, KPMG, Global, Fed, National Association for Business, CNBC, Morgan Stanley's IB, IB, Bloomberg News, Federal, Getty Locations: U.S, Nashville , Tennessee, Wells, Wells Fargo, Washington , DC

☆ Dollar firm as war widens in Middle East
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: +2 min

The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove buying of safe assets as investors fretted about the widening of conflict in the Middle East. The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove buying of safe assets as investors fretted about the widening of conflict in the Middle East. The bid for safety kept the yen broadly steady at 143.45 per dollar and the Swiss franc at 0.8463 per dollar. The New Zealand dollar was nursing a 1.1% overnight fall at $0.6283 and oil prices had jumped 2.5%. Westpac strategist Imre Speizer said the Middle East was unpredictable but that in the absence of escalation market sentiment could recover and focus return to economics.

Persons: Sterling, Imre Speizer, Tim Walz, JD Vance Organizations: Swiss, New Zealand, U.S, Iran's Revolutionary Guard Corps, Hezbollah, ANZ, Westpac, BNZ, Gulf Coast dockworkers Locations: Iranian, Israel, Early Asia, Iran, Lebanon, Asia, New Zealand, dockside, East, Gulf Coast

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