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The September jobs report came in stronger than expected, with 254,000 jobs added. AdvertisementThe latest jobs report might be just what Vice President Kamala Harris needs. The latest jobs report could change that — taking away some of former President Donald Trump's ammunition to hammer Harris on the economy. AdvertisementRecent days have included not only a stellar jobs report but also the end for now of the dockworkers' strike at East Coast ports. "With today's report, we've created 16 million jobs, unemployment remains low, and wages are growing faster than prices," the statement said.

Persons: Kamala Harris, Trump, Harris, Biden, —, Joe Biden, Donald Trump's, Matt Colyar, Colyar, Pew, leaners, they're, we've, Labor Julie Su, We've, we're Organizations: Service, Moody's, University of Michigan's, Consumers, Pew Research Center, Democratic, Republican, The New York Times, Siena College, Pew Research, Labor Locations: East Coast

☆ These are the most important stocks in the U.S., according to Bank of America
▼ + stars: | 2024-10-04 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

There are several key stocks in the U.S. investors need to be mindful of when navigating the current market environment, according to Bank of America. To capture the momentum from this rally, Bank of America screened for the most important stocks in each region of the world — including the U.S. — that have the potential to have the largest impact on portfolio performance, positive or negative. Bank of America found these stocks to be among the most important in the U.S.: Chipmaker Nvidia and oil and gas giant Exxon Mobil ranked fairly high on the firm's steady compounders list within the screen. Meta's shares are up nearly 64% year to date. Other stocks considered the most important names in the U.S. include rideshare company Uber and pharma name Eli Lilly .

Persons: Nigel Tupper, Vivek Arya's, Metaverse, Justin Post, Eli Lilly Organizations: Bank of America, Investment, U.S, Nvidia, Exxon Mobil, Exxon, Meta, Bank of America's, Uber Locations: U.S, Lebanon, Thursday's

☆ Activist firm Mantle Ridge has $1 billion-plus stake in Air Products
▼ + stars: | 2024-10-04 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Activist investor Mantle Ridge has a $1 billion-plus stake in industrial gas supplier Air Products and Chemicals , according to a person familiar with the matter. The activist investor also wants to push the company on succession planning for Seifi Ghasemi, Air Products' 80-year-old CEO, the person said. Air Products is badly underperforming the S&P 500 for a second straight year. Air Products has a market cap of about $63 billion as of Friday's close. Air Products supplies chemicals and gases primarily to industrial customers, but has in recent years diversified into other businesses.

Persons: Seifi Ghasemi, Mantle, Paul Hilal, Seifi, Samir Serhan, Ghasemi, Warren Buffett, Berkshire Hathaway, Ken Squire Organizations: Air Products, Oiltanking, Chemicals, Products, Berkshire, CSX

☆ China wants Taiwan to make mistakes and is looking for excuses to trigger a blockade, Taiwan's navy commander says
▼ + stars: | 2024-10-04 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

China has ramped up its military presence around Taiwan, the country's navy commander said. Adm. Tang Hua told The Economist that China wants it to make a mistake so it can justify a blockade. AdvertisementChina is trying to force Taiwan into making mistakes and is looking for excuses to trigger a blockade, according to Taiwan's navy commander. Adm. Tang Hua told The Economist that China is "slowly, but surely" ramping up its military presence around Taiwan and is ready to blockade Taiwan "at any time they want." "The PLA is trying to force Taiwan to make mistakes," he said, using the acronym for China's People's Liberation Army.

Persons: . Tang Hua, —, Adm . Tang Hua, Tang, Phil Davidson, Wellington Koo, Xi Jinping Organizations: Economist, China, Service, PLA, People's Liberation Army, American Enterprise Institute, Institute for, Institute for Economics, Peace, Lieber Institute for Law, Warfare, Financial Times Locations: China, Taiwan, Point, People's Republic of China

☆ Helene’s survivors shoulder catastrophic loss and destruction after storm leaves at least 213 dead
▼ + stars: | 2024-10-04 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +10 min

Community volunteers carry gas at a relief area and community coordination center in Bills Creek, North Carolina, on Thursday. Melissa Sue Gerrits/Getty ImagesMen remove items from a fine arts business in Marshall, North Carolina, on Thursday. Melissa Sue Gerrits/Getty ImagesA volunteer helps clean out a flooded crawlspace under a home impacted by Hurricane Helene in Cruso, North Carolina, on Thursday. In North Carolina, guard members have been dropping in supplies from the air and airlifting people and pets to safety. President Joe Biden visits an area affected by Hurricane Helene in Keaton Beach, Florida, on Thursday.

Persons: Helene, Joe Dancy, CNN’s Laura Coates, ” Helene, Allison Joyce, Polly Trottenberg, Frank Matranga, ” Matranga, Melissa Sue Gerrits, Hurricane Helene, Jonathan Drake, Helene ., Jaclyn Rothenberg, we’re, Alejandro Mayorkas, Matranga, Joe Biden, ” Biden, Mandel Ngan, Joe Biden's, Tom Brenner, Eddie Hunnell, Hunnell, Phil Worth, Leslie, couldn’t, Phil, “, ” Hunnell, ”, Leslie Worth, “ Leslie, “ I‘d, CNN Hunnell, CNN’s Kayla Tausche, Sam Fossum, Haley Talbot, Sara Smart, Emma Tucker, Andy Rose, Steve Almasy Organizations: CNN, Hurricane, Community, Getty, US Transportation Department, Reuters Cell, National Guard, FEMA, Homeland, Reuters Local, Small, Republicans, SBA Locations: Virginia, Carolina’s Buncombe County, Asheville, tatters, Swannanoa , North Carolina, United States, North Carolina, South Carolina, Georgia, Florida, Tennessee, Bills, , North Carolina, AFP, Marshall , North Carolina, Cruso , North Carolina, Hurricane, Keaton Beach , Florida, Grassy Creek , North Carolina, Worth

☆ 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

☆ From missile batteries to oil refineries to nuclear labs, Israel could hit a wide range of targets in Iran
▼ + stars: | 2024-10-03 | by ( Dan De Luce | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +7 min

If Israel decides to go that route, it remains an open question what parts of Iran’s oil sector Israel would try to attack. An attack on Iran’s oil industry could drive up oil prices and jolt the global economy. NuclearBiden said this week that the U.S. opposed any strikes on Iran’s nuclear program. Iran denies it has ever sought to build nuclear weapons and says its nuclear program is designed for civilian purposes. A 2015 nuclear agreement between Iran and world powers limited Iran’s nuclear project in return for an easing of economic sanctions.

Persons: Israel, Iran’s, ”, Monica Alba, Joe Biden, “, ” Biden, Fatemeh Bahrami, Nuclear Biden, Benjamin Netanyahu, Donald Trump Organizations: U.S, Energy, NBC News, Persian Gulf, Nuclear, Getty, of Atomic Scientists Locations: Iran, Tehran, Israel, Strait, Hormuz, Persian, U.S, Persian Gulf Star, Bandar Abbas, Fordow, Isfahan, Khondab, Iranian

Former NASCAR driver Greg Biffle has been using a private helicopter to deliver supplies to stranded victims of Hurricane Helene in parts of western North Carolina. The NASCAR Hall of Fame nominee and pilot is documenting the supply runs on X, where commenters are praising him for his efforts. The NASCAR star has also alerted family members of stranded hurricane victims that their loved ones are alright. When one X user asked how she could connect Biffle to those in need of his assistance, Biffle responded, "Coordinates please." He started 515 NASCAR Cup Series races throughout his career with 19 wins and was the first driver to win championships in both the Xfinity Series and the Truck Series.

Persons: Greg Biffle, Hurricane Helene, Biffle, Biff Organizations: NASCAR, NASCAR Hall of Fame, Biffle, Power Locations: Hurricane, North Carolina

The DSCC has pledged a “multimillion" dollar effort to help Mucarsel-Powell, Florida Democratic Party Chair Nikki Fried announced Monday in a call with reporters. Regardless of whatever national money comes for Democrats, Scott will no doubt hold his long-running huge cash advantage. “It's no surprise that polling shows this race tied — Floridians know that Rick Scott is far too extreme for our state," Mucarsel-Powell said. "For 14 years Rick Scott has ruthlessly attacked our freedoms, hard-earned benefits and economic opportunities. “National Democrats can flirt with spending in Florida if they want and risk losing incumbent races,” he said.

Persons: Republican Sen, Rick Scott, Debbie Mucarsel, Powell, DSCC, Mucarsel, Nikki Fried, ” Fried, Scott, Scott’s, “, ” Scott, Chris Hartline, “ It's, —, Tyson, ” Organizations: Republican, Florida Senate, Scott, NBC News, Tampa, Democratic, Democratic Senatorial, Florida Democratic, “ Locations: TALLAHASSEE, Fla, Florida, Orlando, Miami, Powell, Texas

☆ 2 dead as weakened and ‘weird’ Typhoon Krathon slams into Taiwan
▼ + stars: | 2024-10-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

KAOHSIUNG, Taiwan — A weakened and “weird” Typhoon Krathon slammed into southwestern Taiwan on Thursday, hitting the island with a storm that has killed two people so far and forced it to shut down for a second day with hundreds of flights grounded and financial markets closed. Krathon made landfall as a much weaker category 1 typhoon around midday at the major port city of Kaohsiung. All domestic flights were canceled for a second day, as well as 236 international ones. Typhoons often hit Taiwan’s east coast facing the Pacific, but Krathon is unusual in that it directly hit the west coast. Local media labeled it a “weird” storm for that reason, and because of how it hovered off the coast before reaching land.

Persons: Krathon, Kaohsiung Mayor Chen Chi, Liao Shian, ”, Thelma Organizations: Kaohsiung Mayor, Southern, Southern Taiwan Science Locations: KAOHSIUNG, Taiwan, Kaohsiung, Taipei, Southern Taiwan, Pingtung

☆ China’s Coast Guard claims to have entered the Arctic Ocean for the first time as it ramps up security ties with Russia
▼ + stars: | 2024-10-03 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

The statement came a day after the US Coast Guard said it spotted four vessels from the Russian Border Guard and Chinese Coast Guard in the Bering Sea – the “northernmost” location it said it had ever observed the Chinese ships. A banner visible on one of the vessels in accompanying photos read “China Coast Guard devoting its heart to the Party; demonstrating loyalty in the Arctic Ocean,” referring to China’s ruling Communist Party. The US Coast Guard (USCG) on Monday said it spotted the four vessels from the Russian Border Guard and Chinese Coast Guard “transiting in formation in a northeast direction” in the Bering Sea, some five miles inside Russia’s Exclusive Economic Zone on Saturday. A China Coast Guard member pictured during recent joint drills with Russia. The coast guard collaboration “relates to Chinese interests in maritime transportation along at least parts of the Northern Sea Route,” according to Østhagen.

Persons: Russia –, China’s, ”, Megan Dean, irked, Carl Schuster, it’s, –, Sophie Arts, ” Andreas Østhagen Organizations: Hong Kong CNN, China’s Coast Guard, US Coast Guard, Russian Border Guard, Chinese Coast Guard, China Coast Guard, Communist Party, CCTV, TASS, 17th Coast Guard District, USCG, Canadian, Russia’s Federal Security Service, East China, Coast Guard, Guard, US Navy, Pacific Command’s Joint Intelligence Center, China, US Department of Defense, German Marshall Fund, Fridtjof Nansen Institute, CNN, Armed Police, Central Military Commission, Centre for High North Logistics, Norway’s Nord University Locations: Hong Kong, Russia, Beijing, ”, Bering, Alaska, Asia, North America, China, Washington, South, East, irked Beijing, Ukraine, Russian, Norway, South China, Philippines, Europe

Best Credit Cards for Amazon of 2024Compare the Best Amazon Credit CardsEarn 5% back at Amazon and Whole Foods Prime Visa Apply now lock icon An icon in the shape of lock. Best Credit Card for Amazon ReviewsPrime VisaThe best credit card for Amazon and Whole Foods purchases is the Prime Visa. Best Credit Card for Amazon Frequently Asked QuestionsWhat are the main benefits of credit cards for Amazon purchases? Compared to other rewards cards, Amazon credit cards offer higher cashback rates on purchases made at Amazon and Whole Foods. There are four personal Amazon credit cards: The Prime Visa, Amazon Visa, Amazon Store Card, and the Amazon Secured Card.

Persons: Chase, —, Cash, Wells, you've, It's, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you'll, Cardholders, You'll, cardholders, Read, Insider's, there's, Ariana Arghandewal Ariana Arghandewal, Ariana, Guy, Education Ariana, ExperienceExpertiseEducation Read, Tessa Campbell, Tessa, she’s, Angela Fung Organizations: Business Insider, U.S . Bank, Citi, Citi Strata Premier, Card, Citi Prestige, American, Amazon Visa, Amazon Business Prime, Amazon, Foods, Amazon.com, Chase Travel, Visa, FDIC, U.S, Bank, Target, Walmart, Business, EV, Express, American Express, Disney, ESPN, Wells, Bank of America, of America, Hilton, Marriott, Saks, Entertainment, The New York Times, Street, TSA, Global, Saks Fifth, Amazon Reviews, . Bank, Bank Rewards, Citi Prestige ®, Air France, JetBlue, Singapore Airlines, Wyndham, Merrill, Amazon One, Amex, Southwest, Prime, Amazon Business American Express, Synchrony Bank, Amazon Business, Bankrate, CNBC, CNN, Forbes, Lonely, NBC, Traveler University, CardCon, Chicago, Expertise, Education, University of Southern, Susquehanna University, Finance Locations: U.S, Hulu, Wells, Air, That's, Merrill ., Chase, University of Southern California

☆ A week after Helene struck the Southeast, power outages and impassable roads stymie recovery as death toll reaches 200
▼ + stars: | 2024-10-03 | by ( Steve Almasy | ) edition.cnn.com time to read: +19 min

In some Georgia counties and one in North Carolina, utilities say more than 90% of their customers are still in the dark. Friends help Sam Soughail, third from left, clear out his Casablanca Cigar Bar in Asheville, North Carolina, on Tuesday, October 1. Mike Stewart/AP Emily Ogburn, right, hugs her friend Cody Klein after he brought her a meal in Swannanoa, North Carolina, on Wednesday. Joe Raedle/Getty Images Hurricane Helene is seen in a satellite photo Thursday afternoon. Marco Bello/Reuters In pictures: Hurricane Helene unleashes its fury Prev NextHundreds of roads remain closed, hampering efforts to send aid to hard-hit communities.

Persons: Helene, ”, Sam Soughail, Melissa Sue Gerrits, Mike Stewart, Jonathan Drake, Emily Ogburn, Cody Klein, Van Hutchins, Dennis Rector, Josh Morgan, Hurricane Helene, Andy Brown, Jeffrey Collins, Len Frisbee, Jeff Roberson, Christian Monterrosa, Ashley Dillinger, Marco Bello, Reuters Linda Bandy, Carissa Sheehan, Kathy Kmonicek, Janice Whitley, Terry Wilson, Sean Rayford, Melinda, Kathleen Flynn, Paul Hennessy, Gerald Herbert, Elmira Glover, Joe Raedle, John Falchetto, Cassandra Randall, Jessica Downey, Greg Lovett, Hailey Morgan, Phelan M, Megan Varner, Sarah Cribbins, Michael, Luis Santana, Miguel J, Rodriguez Carrillo, Richard Burkhart, Mike Carlson, Candice Ocvil, Jibri Tolen, Erik S, Cristobal Herrera, Candace Redwine, Guy Ford, George G, Tapper, Ricardo Arduengo, Joe Burbank, Carol Poulson, Andrew West, Cynthia Centeno, Reuters Charles Starling, Stephen M, Dowell, Chandan Khanna, Thomas Simonetti, Pete Beach, Ramon Espinosa, Paola Chiomante, it’s, “, Patrick Fitzsimmons, Joe Biden, Biden, Kamala Harris, Katie Button’s, Button, José Andrés, “ We’re, ” Button, ” ‘ We’ve, Robert Gaudet, We’ve, Helene Media, Hurricane, ” Gaudet, ” Starlink, Deanne Criswell, CNN’s Jim Acosta, Criswell, ” Criswell Organizations: CNN, Hurricane, Duke Energy, Georgia county, Getty, Homes, AP, Reuters, & Sons Department, USA, AP Local, New York Times, Town, Anadolu, Workers, North Carolina Department of Transportation, . North Carolina Department of Transportation, Tampa Bay Times, AFP, East, Savannah Morning, United States Coast Guard, Walt Disney, Orlando Sentinel, Tribune, Service, Fairview Middle School, Fishel, State Emergency Operations Center, Washington Post, NOAA, La, Cajun Navy, Maxar Technologies, Technologies, Twitter, FEMA, Federal Emergency Management Agency Locations: Florida, Gulf, North Carolina, United States, Georgia, Carolinas, Asheville , North Carolina, Rock , North Carolina, Barnardsville , North Carolina, Lure , North Carolina, Swannanoa , North Carolina, Marshall , North Carolina, Lure, Columbus , North Carolina, Hurricane, Augusta , Georgia, Springs , North Carolina, Old Fort , North Carolina, Bat Cave, Morganton , North Carolina, Old Fort, Fletcher , North Carolina, Steinhatchee , Florida, Tampa , Florida, Steinhatchee, Boone , North Carolina, Asheville, ., Treasure Island , Florida, Horseshoe Beach , Florida, Boone, Valdosta , Georgia, AFP, Horseshoe Beach, Laurel, Vilas , North Carolina, Crystal River , Florida, Crystal River, Peachtree Creek, Atlanta, , Florida, Savannah , Georgia, Savannah, Shore, St . Petersburg , Florida, Key , Florida, Tarpon Springs , Florida, Watauga, Sugar Grove , North Carolina, Port Saint Joe , Florida, Bay Lake , Florida, St . Petersburg, Fort Myers Beach , Florida, Tallahassee, Leon County , Florida, Eastpoint , Florida, Villages, Tallahassee , Florida, Gulfport , Florida, St, Cross City , Florida, Guanimar, Cuba, Panacea , Florida, Puerto Juarez, Mexico, Clearwater , Florida, Weaverville, Fort Liberty, South Carolina, La Bodega, Maui

☆ October surprises are piling up, but a toss-up race seems impervious to shocks
▼ + stars: | 2024-10-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +14 min

The trio of tests facing Harris comes with potential economic, political and humanitarian consequences if the administration errs. And the new scrutiny of Trump’s behavior after the 2020 election could cause some voters to again question his fitness for the Oval Office. Former President Donald Trump speaks during a campaign event at Dane Manufacturing in Waunakee, Wisconsin, October 1, 2024. NONE OF THIS HAPPENED WHILE I WAS PRESIDENT!” Trump wrote on Truth Social on Tuesday. But Trump has already tried to manipulate the tragedy for political gain, accusing Biden of “sleeping” following the storm.

Persons: Donald Trump, Kamala Harris, Biden, Hurricane Helene, Trump, Jack Smith, ’, Harris, Kamil Krzaczynski, Trump’s, ” Smith, Smith, ” Trump, Steven Cheung, JD Vance couldn’t, Augusta Mayor Garnett Johnson, Brendan Smialowski, Joe Biden, Helene, Amir Cohen, Hassan Nasrallah, Benjamin Netanyahu’s, Netanyahu’s, Netanyahu, “, ”, There’s, egging Netanyahu, Spencer Platt, “ Donald Trump …, Still, Mandel Ngan, they’ve, Brian Kemp, ” Biden, we’re Organizations: CNN, Oval, Dane Manufacturing, Getty, Trump, ”, Radical Democrats, Republican, Augusta, Democratic, White, Reuters, Wednesday, Democratic Party, Port, International Longshoremen’s Association, Biden, Republican Party, GOP, Raleigh Emergency Operations Center, Pentagon, National Guard, Georgia Republican Gov Locations: Hurricane, Waunakee , Wisconsin, AFP, Meadowbrook, Augusta , Georgia, Iran, Israel, United States, Tehran, Russia, Ukraine, Ashkelon, Lebanon, Gaza, Islamic Republic, Washington, Michigan, New York, Newark, Staten Island , New York, Gulf Coast, Raleigh , North Carolina, Georgia, North Carolina

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☆ A trifecta of global crises could snarl supply chains and increase prices
▼ + stars: | 2024-10-03 | by ( Eliza Relman | ) www.businessinsider.com time to read: +9 min

The dockworkers' strike threatens supply chains, while Hurricane Helene caused costly damage. Devastation from Hurricane Helene, a dockworkers' strike, and escalating conflict in the Middle East all threaten to scramble supply chains and inflate prices. How much the strike impacts prices depends on how much of a cushion companies have built to deal with any bottlenecks. Bottlenecks also encourage carriers to raise their prices, increasing retail and consumer goods prices, Kent said. The hurricane has also disrupted some supply chains, including healthcare supplies and high-purity quartz needed for semiconductor manufacturing.

Persons: Helene, —, Israel ramped, Douglas Kent, Dockworkers, dockworkers, Morgan Stanley, Kent, Fazili, Lauren Saidel, Baker, she's, Biden, Hurricane Helene, Adam Kamins Organizations: Service, Association for Supply Chain Management, JPMorgan, National Economic, Biden, ITR, International Longshoremen's Association —, United States Maritime Alliance, Homeowners Locations: Israel, Iran, Hurricane, Lebanon, Maine, Texas, East Coast, Gulf, Kent, West Coast, North Carolina, Florida

☆ SAP Invests in Singapore to boost business AI adoption
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: 1 min

SAP's Asia Pacific and Japan President Paul Marriot talked about the company's S$12 million investment in Singapore's Digital Innovation Accelerator and the next stage of AI applications

Persons: Paul Marriot Organizations: SAP's Asia, Japan Locations: SAP's Asia Pacific

☆ A US Navy missile that just scored its first kill this year got another workout against Iranian weapons
▼ + stars: | 2024-10-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

US Navy warships defending Israel from Iran's missile attack on Tuesday fired SM-3 interceptors. The SM-3 scored its first-ever kill while defending Israel in April from an Iranian bombardment. AdvertisementThe US Navy warships that engaged a massive barrage of Iranian ballistic missiles in defense of Israel on Tuesday fired SM-3 interceptors, a weapon that scored its first-ever kill earlier this year. Two destroyers operating in the Eastern Mediterranean Sea fired around a dozen interceptors at the Iranian missiles, a number of which were shot down. A Navy official confirmed to Business Insider on Thursday that the destroyers fired the Standard Missile 3, or SM-3, during the battle.

Persons: —, Navy Carlos Del Toro, Hassan Nasrallah, Ismail Haniyeh, Bill Urban, USS Cole, USS Bulkeley Organizations: Service, US Navy, Tuesday, Navy, Business, Combat, USNI, US, White House, US Naval Forces Locations: Israel, Iran, China, Tehran, US Naval Forces Europe, Africa

☆ A three-headed economic monster lurches into the presidential campaign
▼ + stars: | 2024-10-03 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —With barely a month to go before the US presidential election, a trifecta of economic shocks is threatening to sap Vice President Kamala Harris’ momentum on voters’ No. 1 issue: a port strike, a hurricane and an escalation of fighting in the Middle East. Price pain could crop up elsewhere if the East Coast port strike, which began Tuesday, drags on longer than a week. “If the Boeing strike and the port strike … last through the second week of October, job growth for October could be negative,” researchers at Oxford Economics wrote Wednesday. A negative jobs report hasn’t been seen in this country since December 2020, the last full month of the Trump administration.

Persons: CNN Business ’, Kamala Harris, Donald Trump hasn’t, “, ”, Harris, Emily Elconin, Harris ’, Price, Biden, Hurricane Helene, Moody’s, Helene, hasn’t, Trump, — Organizations: CNN Business, New York CNN, Republican, Democratic, Bloomberg, Getty, Boeing, Biden, Oxford Economics Locations: New York, Georgia, East, Maine, Texas, Carolinas, Florida, Tennessee

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Persons: Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Rose Gold, you'll, Miles, Chase, it's, Cash, Read, It's, You'll, cardholders, Wells, Jasmin Baron, Angela Fung Organizations: Business Insider, Citi, Premier, Marriott, Chase, Chase Travel, Sapphire, Express, American Express, Hilton, Saks, American, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, AmexTravel.com, Capital, CitiTravel.com, EV, Citi Strata Premier, Business, United, Amex, Resorts, British Airways, Miles, Card Citi, Citi Premier, Finance Locations: Hulu, U.S, ThankYou.com, Canada

☆ Markets looking at a 'record global energy crisis' if Strait of Hormuz is affected, says analyst
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets looking at a 'record global energy crisis' if Strait of Hormuz is affected, says analystSaul Kavonic, senior research analyst at MST Financial, says that would be "coming on top of a quite fragile market in the wake of the reduction of Russian gas over the last two years."

Persons: Saul Kavonic Locations: Hormuz

☆ $100 oil could be the October surprise no one wanted
▼ + stars: | 2024-10-03 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —The Middle East is in chaos, and the oil market is remarkably calm about it. The chill reaction in the oil market reflects a boy-who-cried-wolf mindset that has set in. Even just two years ago, oil prices skyrocketed to $130 a barrel in March 2022 after Russia invaded Ukraine. Oil prices skyrocketed in 2019 when Saudi oil facilities were damaged in an attack that US officials blamed on Iran. A disruption in the Strait of Hormuz could send oil prices above $100 a barrel, according to ClearView.

Persons: ”, Bob McNally, “, It’s, McNally, George W, Bush, Israel, ” Helima, Joe Biden, Croft, internationalize, Kevin Book, ClearView, it’s, Biden Organizations: New, New York CNN, Investors, Rapidan Energy Partners, Israel, RBC Capital Markets, CNN, CIA, ClearView Energy Partners, International Energy Agency, RBC, Strategic Petroleum Reserve, Citigroup, Citi Locations: New York, Iran, China, OPEC, Saudi Arabia, Russia, United States, ” Helima Croft, Ukraine, Israel, Saudi, Strait, Hormuz, Riyadh, Persian

☆ Russia is likely trying to exploit the conflict in the Middle East to expand its influence, war experts say
▼ + stars: | 2024-10-03 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

AdvertisementThe Kremlin is likely trying to exploit the conflicts in the Middle East to expand its own influence, according to military experts. Wall Street's main indexes opened lower again on Thursday amid persistent worries that hostilities in the Middle East could escalate. Advertisement"Russia clearly benefits from the war in the Middle East, at least since it distracts global attention from Ukraine," he added. AdvertisementRussia "wants to appear relevant in the Middle East but not getting sucked in ongoing conflicts," he said. It said it was trying, through these efforts, to regain major influence on Middle Eastern and Eastern Mediterranean gas sales, especially liquefied natural gas.

Persons: —, Hezbollah's, Hassan Nasrallah, Mikhail Bogdanov, Israel, Anatoly Viktorov, Sergey Lavrov, Vladimir Putin, Alexander Libman, Mark N, Katz, doesn't, It's Organizations: Service, Russian, Israel, Lebanese, Israel Defense Forces, TASS, Washington Institute for Near, Policy, Free University of Berlin, George Mason University, Reuters, Jamestown Foundation Locations: Israel, Iran, Russia, Lebanon, Ukraine, Tehran, Red, Iraq, Syria, Palestinian, Eastern

☆ Georgia family hunkered down with their dog in a bathtub as Helene sent trees crashing through their house
▼ + stars: | 2024-10-03 | by ( Chris Boyette | ) edition.cnn.com time to read: +8 min

The first four trees fell onto the Jones family’s house just over where the boys were lying in the living room. “There are a lot of elderly people on this street.”About 47% of the county is still without power, which is not expected to be restored until this weekend, according to Georgia Power. Foster said she is running an extension cord from her home through the yard to a neighbor’s house so they can have power at night. For their part, the Jones family are considering their options when it comes to rebuilding their home and their lives. “It rained the next night, and they were terrified,” Kristin Jones said.

Persons: Augusta, Augusta CNN — Cooper, Witten Jones, Helene, Kristin, Sienna, ” Kristin Jones, ” Helene, Jones, Galen Jones, ”, Kristin Jones, Cooper, Kristin Jones, ’ ” Kristin, “, ” Jones, Sunshine, Augusta . Power, there’s, Katie Goodale, ” Galen Jones, Joe Biden, Kamala Harris, Brian Kemp, Hurricane Helene, Evan Grantski, Obed Castillo, Monica Foster’s, ” Foster, Foster Organizations: Augusta CNN, CNN, Augusta Chronicle, USA, Georgia Gov, National Golf Club, Masters, Hurricane, Fund, Grantski Records, El Paso, Georgia Power Locations: Georgia, Augusta, Martinez, Witten, Augusta ., Augusta , Ga, El, ”, Martinez , Georgia

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