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In vulnerable groups, E. coli infection can also lead to serious kidney complications and death. People can become infected after consuming contaminated food or water, or coming into contact with the feces of animals or infected people. E. coli symptoms usually show up three to four days after ingesting the bacteria, but it may take up to 10 days. Once the contaminated food enters the kitchen, it’s also possible for cross-contamination to occur if ingredients are mixed or handled improperly. If you are experiencing diarrhea, don't swim in a public pool to minimize the risk of transmission.

Persons: ”, Prashant Singh, coli, Barbara Kowalcyk, don’t, ” Kowalcyk, Kevin, it’s, Donald Schaffner, Schaffner, ” Schaffner, Singh Organizations: Centers for Disease Control, Prevention, Florida State University, Institute for Food Safety, Nutrition Security, George Washington University Milken Institute School Public Health, Department of Food Science, Rutgers University, Food Safety Advisory Council Locations: U.S, New Jersey, California

☆ Philippine preacher denies accusations of sexual abuse
▼ + stars: | 2024-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Quiboloy, 74, denied the claims, saying: “There is no truth to what they said.” He challenged the accusers to file charges regarding the new allegations. Teresita Valdehueza told senators she left the church after 19 years of membership in 1999 due to the alleged abuse. “If you say I do not want, he will say you did not overcome your flesh. Quiboloy was arrested last month after thousands of police officers searched his sprawling compound in the southern city of Davao. Former President Duterte and his daughter, Vice President Sara Duterte, have accused the police of rights violations and abuse of power in arresting Quiboloy, widening the rift between the Duterte family and President Ferdinand Marcos Jr.’s administration.

Persons: Apollo Quiboloy, “, God ”, of Jesus Christ, ”, Teresita Valdehueza, God, ” Valdehueza, undressed, ” Yulya, Quiboloy, Tartova, Rodrigo Duterte, Duterte, Sara Duterte, Ferdinand Marcos Jr Organizations: Federal Bureau of Investigation Locations: MANILA, Philippines, Philippine, of, Ukrainian, Davao, United States

☆ Living pollution-free is a ‘fundamental right,’ India’s top court says
▼ + stars: | 2024-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

NEW DELHI, India— Living in a pollution-free environment is a fundamental right, India’s Supreme Court said Wednesday as it urged authorities to address deteriorating air quality in the north of the country. Swiss group IQAir rated Delhi the world’s most polluted city in its live rankings. The Supreme Court pulled up the governments of both states for taking “selective action” against stubble burning, saying penal provisions were not being properly implemented. Recognizing this, the court on Wednesday directed the federal government and the governments of Delhi, Punjab, Haryana, Uttar Pradesh and the western state of Rajasthan to submit compliance reports. In Pakistan’s most populous province of Punjab, authorities have changed school timings and suspended outdoor activities because of pollution.

Persons: ”, Narendra, Marriyam Aurangzeb Organizations: Central Pollution Control Board, Supreme Locations: DELHI, India, Delhi, Swiss, Punjab, Haryana, Uttar Pradesh, Rajasthan, South Asia, Lahore, Pakistan’s Punjab

LOS ANGELES — Dueling lawsuits against UCLA each describe a rise in antisemitic and anti-Palestinian bias since protests erupted on campus last year over the Israel-Hamas war. “UCLA has failed to provide Jewish students, faculty, and staff with the protection promised by such policies," the amended complaint says. Both complaints refer to task forces UCLA established to examine antisemitism and Islamophobia on campus. The antisemitism report was released this month, and the one on anti-Palestinian and anti-Muslim bias came out in May. Some pro-Israel students and faculty members said they did not feel safe walking to classes, and pro-Palestinian protesters said they were increasingly subjected to violence and suppression.

Persons: counterprotests, “, ”, Graeme Blair, counterprotesters Organizations: UCLA, American Civil Liberties Union of, University of California, Regents, UC, “ UCLA, ”, Israel, Jewish, University, Los Angeles, Police Locations: Israel, American Civil Liberties Union of Southern California, Gaza, Los

☆ Disney World hikes prices for its annual passes
▼ + stars: | 2024-10-24 | by ( Natasha Chen | Forrest Brown | ) edition.cnn.com time to read: +2 min

CNN —If you’re a regular visitor to Walt Disney World, your annual passes are going to cost you more. The resort in Orlando, Florida, hiked prices on all four levels of its passes on Wednesday. Its most powerful annual pass, the Disney Incredi-Pass, now costs $1,549 (plus tax). “Over the past decade, Disney World tickets have increased up to 101% and the top-level Annual Pass has increased by 86%,” said Gavin Doyle, founder of MickeyVisit.com, in an email to CNN Travel. “I think of the standard prices from Disney World as the amount that only the most price-insensitive or those so set on being there for a specific event will end up paying.

Persons: Price, ”, Gavin Doyle, Doyle, you’ll, ” Doyle, “ Organizations: CNN, Walt Disney, Disney, Disney Vacation, EPCOT, Hollywood Studios, CNN Travel Locations: Orlando , Florida, Florida

☆ Micro-trends are taking over social media, and keeping up can be really expensive
▼ + stars: | 2024-10-24 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Fast-moving fashion micro-trends on social media can drive impulsive spending. A novel aesthetic or "-core" circulates on social media every few weeks, prompting consumers to buy in. 'The perfect profitability storm'Fast fashion, social media, and retailers like Shein have together created "the perfect profitability storm for the businesses and influencers using them," said Anthony Miyazaki, a marketing professor at Florida International University. Along with social media algorithms, micro-trends are being fueled by the cycle of doom spending: buying unnecessary stuff to feel better. "While it's easy to get caught up in what others are doing, it's important to remember that not everything is as it seems on social media," she said.

Persons: —, it's, Anthony Miyazaki, Miyazaki, Instagram, Tubefilter, Shein, Elysia Berman, Berman, TransUnion, Dan Pallesen, Pallesen, Bill Ryze, Ryze, Julie Guntrip, influencers, Guntrip, Baeckström Organizations: Service, King's Business School, Florida International University, Federal Reserve, Jenius Bank Locations: London

☆ 'You have to do the lowest job': How cleaning toilets prepared Dodgers' $700 million star Shohei Ohtani for World Series moment
▼ + stars: | 2024-10-24 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

There's no bigger stage in baseball than a World Series between the New York Yankees and the Los Angeles Dodgers, and there's no bigger star than Japanese slugger Shohei Ohtani. The 30-year-old's ability to hit mammoth home runs, pitch over 100 mph and steal bases with ease got him a $700 million contract from the Dodgers this past offseason. But despite his on-field exploits, the 30-year-old is also known for being one of the most humble players in the league. It's an approach that was instilled in him when he was just a promising high school athlete. For the players, who dormed at the school during the season, this included being assigned chores.

Persons: Shohei Ohtani, Ohtani, Hiroshi Sasaki, Jeff Fletcher's, Sasaki Organizations: New York Yankees, Los Angeles Dodgers, Dodgers, Hanamaki Higashi High School, LA Times

☆ USF men’s basketball coach Amir Abdur-Rahim dies at 43 from complications during surgery
▼ + stars: | 2024-10-24 | by ( Matt Baker | ) www.nytimes.com time to read: +3 min

South Florida men’s basketball coach Amir Abdur-Rahim died Thursday while undergoing a medical procedure, the school confirmed. “All of us with South Florida Athletics are grieving with the loved ones of Coach Abdur-Rahim,” athletic director Michael Kelly said in a statement. Coach Abdur-Rahim leaves a lasting impact on our student-athletes, the University, and the community.”AdvertisementAbdur-Rahim was seen as a rising star in the profession and a potential major program coach. “In a very short time, Coach Abdur-Rahim made an indelible impact on the University of South Florida,” school president Rhea Law said. “Throughout my time working with Coach Abdur-Rahim, I was continually inspired by his leadership, and truly admired his sincere approach to connecting with our entire student body.

Persons: Amir Abdur, Rahim, Abdur, Michael Kelly, Rhea Law, ” Corey Staniscia, ’, Staniscia, “ I’m, ” Staniscia, “, ” Abdur, Arianne Buchanan, Laila, Lana, Aydin, Shareef, Edward Waters, Chris Jones Organizations: Florida men’s, South Florida Athletics, Bulls Nation, University, Bulls, American Athletic Conference, South, Kennesaw State, Southeastern, University of South, Starbucks, NBA Locations: Tampa, South Florida, Georgia, Southeastern Louisiana, Texas, University of South Florida

☆ Biden expected to apologize for federal government’s role in Indian boarding schools
▼ + stars: | 2024-10-24 | by ( Arlette Saenz | ) edition.cnn.com time to read: +5 min

CNN —President Joe Biden is expected to issue an apology to the Native American community for the federal government’s role in the abusive Indian boarding schools that forced Native American children to assimilate over a 150-year period, two sources familiar with the plans said. “The federally-run Indian boarding school system was designed to assimilate Native Americans by destroying Native culture, language and identity through harsh militaristic and assimilationist methods,” the White House said Thursday. In 2021, Interior Secretary Deb Haaland, the first Native American to serve as a Cabinet secretary, commissioned the Federal Indian Boarding School Initiative to review the impact of the federal boarding school policies. The department issued a final report this summer confirming at least 973 Native American children died while attending these federal boarding schools. At least 18,000 children were taken from their families and forced to attend more than 400 Indian boarding schools across 37 states or then-territories between 1819 and 1969.

Persons: Joe Biden, “, ” Biden, Biden, Deb Haaland, –, ” Haaland, Harris, Stephen Lewis, ” Lewis, Lewis, Whitney Gravelle, Rodney Butler, Gena Kakkak, Jill Biden, Kamala Harris ’, Donald Trump Organizations: CNN, Indian Nations, Gila Crossing Community School, Washington Post, Federal Indian Boarding School Initiative, Department, Biden, Bay Mills Indian Community, Pequot Tribal, Air Force, White, American, Plan Locations: Gila, Phoenix, Indian, American, Bay Mills, Menominee, Arizona

But during that time, Netanyahu was soliciting input from Trump, the Republican nominee. Trump claimed during a rally in Georgia that Netanyahu had called him at least twice in recent days. Trump’s allies also privately played up the Netanyahu-Trump phone calls as demonstrating that Netanyahu is seriously eyeing the possibility of a Trump victory. Still, the Biden administration is publicly signaling it hopes to advance efforts to bring the hostages home and to end a war that is threatening to tarnish Biden’s foreign policy legacy. Both Qatar and Egypt have reengaged with the group, which has not publicly named a new leader.

Persons: Donald Trump, Benjamin Netanyahu, Yahya Sinwar, Netanyahu –, Biden, Antony Blinken, Netanyahu, Trump, “ Bibi, ” Trump, “ We’re, Joe Biden, Kamala Harris, “, Bibi, ”, Harris, stoke, Trump’s, Netanyahu didn’t, Biden demurred, ’, ” Biden, ” Blinken, Bill Burns, David Barnea, Sinwar, Khalil al, Khaled Mashal, Mousa Abu Marzook, Mohammed bin Abdulrahman Al Thani Organizations: CNN, Israeli, Trump, Republican, Democrat, White House, Netanyahu, East, Arab, CIA, Qatari Locations: Gaza, United States, Israel, Qatar, Doha, Washington , DC, Georgia, American, Washington, Michigan, Egypt

☆ Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
▼ + stars: | 2024-10-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +9 min

Former Abercrombie & Fitch CEO Mike Jeffries was charged with sex trafficking on Tuesday. AdvertisementLong before federal charges hit, there were concerns about former Abercrombie & Fitch CEO Mike Jeffries — and lawsuits that attacked the way he ran his company. Attorneys for Jeffries and Smith told Business Insider in statements that they would respond "in the courthouse." "This is very much a military operation," Jeffries told The Wall Street Journal in 1997. The pilot accused the CEO of enacting similar standards on board as in Abercrombie stores and firing him due to his age.

Persons: Mike Jeffries, Jeffries, Abercrombie, —, Mike Jeffries —, Matthew Smith, Smith, Fitch, Les Wexner, Jeffrey Epstein, Paul Harris, Bruce Weber, Weber, Barts, Tig Ol, Erik Gordon, Jeffries shouldn't Organizations: Abercrombie, Fitch, Service, Prosecutors, Wall Street, Revenue, CNN, Hamptons, Employees, Supreme, University of, BBC, Eastern, of Locations: Midwest, New York City, St, Oklahoma, Assam, Darjeeling, of New York

☆ Why some CEOs are afraid of publicly criticizing Trump
▼ + stars: | 2024-10-24 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

It may be driven by fears of retribution from Trump and what a second term would bring. AdvertisementBoth Vice President Kamala Harris and former President Donald Trump have won support from America's business titans and CEOs. On Tuesday, the New York Times reported that both JPMorgan CEO Jamie Dimon and Microsoft founder Bill Gates support Harris, but won't say so publicly. On the flipside, it's also possible that there are pro-Trump CEOs who don't want to alienate liberal customers and employees. In an appearance on CNBC's "Squawk Box" on Wednesday, billionaire hedge fund manager Bill Ackman suggested that there's a well of silent Trump support among CEOs.

Persons: Jamie Dimon, Bill Gates, Kamala Harris —, Trump, —, Kamala Harris, Donald Trump, Harris, Gates, didn't, Dimon, he's, hasn't, John Deere, Jeffrey Sonnenfeld, They're, … Trump, Sonnenfeld, Joe Evangelisti, it's, Bill Ackman, Bill, Ackman, Mark Cuban, there's Organizations: Service, New York Times, Microsoft, Times, Yale School of Management, Leadership, Republican, JPMorgan, Trump Locations: Mexico, That's

☆ Adeel Khan's MagicSchool AI Empowers Teachers With AI Tools
▼ + stars: | 2024-10-24 | by ( Helen Li | ) www.businessinsider.com time to read: 1 min

Khan founded MagicSchool AI, an AI-assistant program catering to teachers. Costing teachers about $100 a year each, MagicSchool applies generative AI to classroom-specific tasks such as developing worksheets, creating multiple-choice test questions, or adapting texts and outreach for students with specific needs. Khan previously worked as a Teach for America fellow and later was the founding principal at DSST: Conservatory Green High School in Denver. MagicSchool says more than 3 million educators and 5,000 schools and districts worldwide use its product. It plans to soon roll out separate tools meant to help students to develop AI literacy.

Persons: Khan, MagicSchool Organizations: America, Green High School Locations: DSST, Denver

☆ Mark Cuban: People with these 3 skills will be most successful in the future job market
▼ + stars: | 2024-10-24 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

To navigate this change — and maybe even new job requirements — Mark Cuban says you'll need to be curious, agile and adaptable. And yet, "it's a skill that can be rare to find," Joseph Fuller, a professor at Harvard Business School, recently told CNBC Make it. Honing these three soft skills — curiosity, agility and adaptability — will never stop paying dividends for your career, Cuban adds. "The skills you need for a job today, 10 years, 100 years from now, are always the same," he says. Sharpening your curiosity skills will help you come up with stronger solutions to work problems faster, she added.

Persons: — Mark Cuban, Aneesh Raman, Joseph Fuller, —, Barbara Pécherot Organizations: Economic, CNBC, LinkedIn, Employers, Harvard Business School, Arizona State University's Thunderbird School of Global Management

☆ Amid McDonald’s-linked E. coli outbreak, here are symptoms to watch for and ways to stay safe
▼ + stars: | 2024-10-24 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +7 min

CNN —An outbreak of infections linked to McDonald’s Quarter Pounders has a lot of people across the United States concerned about their exposure to dangerous E. coli bacteria. The type of bacteria that has been implicated in this outbreak is E. coli O157:H7. E. coli, or Escherichia coli, is a common type of bacteria that lives in the intestines of people and animals, but some E. coli can make people sick. For E. coli O157:H7, antibiotics are controversial and are generally not recommended based on some evidence that they can actually increase the risk of hemolytic uremic syndrome,” he said. Thoroughly cooking meat to an internal temperature of 160 degrees Fahrenheit throughout kills E. coli O157:H7, according to the US Department of Agriculture.

Persons: it’s, ”, James Gaensbauer, Dr, Marcus Pereira, ” Gaensbauer, “, Gaensbauer, Leana Wen, Wen, ” Pereira, ” Wen, Sanjay Gupta Organizations: CNN, US Centers for Disease Control, Mayo Clinic Children’s Center, Columbia University College of Physicians, ”, Food and Drug Administration, George Washington University Milken Institute School of Public Health, CDC, US Department of Agriculture, Get CNN, CNN Health Locations: United States, Rochester , Minnesota, Shiga, –

☆ I interviewed Google applicants and ranked them on 'Googleyness.' Here I found the greatest interviewee I've ever had.
▼ + stars: | 2024-10-24 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

Jerry Lee, a former Google manager, said the company graded candidates on four attributes. He said Googleyness requires a set of soft skills that is objective. While at Google, I interviewed several potential new hires and ranked them based on "Googleyness." Googleyness captures the broad range of soft skills needed to align with your coworkers, such as dependability, helpfulness, and willingness to go above and beyond. When answering a question in a Google interview, make sure your answer is honest, company-specific, and proves your soft skills.

Persons: Jerry Lee, Lee, —, you've, I've, they'd, Tess Martinelli Organizations: Google, Service, Big Tech Locations: tmartinelli

☆ Parker Leads Nvidia's Sustainability Efforts With AI and Renewable Energy
▼ + stars: | 2024-10-24 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: 1 min

Parker manages Nvidia's internal sustainability efforts by measuring and managing its water use and its conversion to renewable energy sources. He also evangelizes the potential for AI tools and data science to improve sustainability outside the company. Before joining Nvidia in 2023, Parker worked as a lawyer specializing in ethics and compliance in-house for the data storage company Western Digital and for a tech-focused law firm. He studied electrical engineering before law school at New York University School of Law. See Business Insider's full AI Power List

Persons: Parker Organizations: Nvidia, Western Digital, New York University School of Law

☆ Ole Miss built a $10M roster to reach the 12-team Playoff. With 2 losses, now what?
▼ + stars: | 2024-10-24 | by ( David Ubben | ) www.nytimes.com time to read: +9 min

18 Ole Miss’ goal is still technically in reach, but the 29-26 overtime loss to LSU on Oct. 12 sharply steepened the odds. He founded his own business before agreeing to lead Ole Miss’ NIL collective in the middle of 2022. The winds of change were blowing heavily toward an expanded Playoff, making Ole Miss’ dreams of inclusion more within reach. In September, Arkansas athletic director Hunter Yurachek called out Arkansas fans at an event and said they needed to grow their numbers to be more like Ole Miss’ collective. (Photo of Ole Miss players Jamarious Brown, left, and Walter Nolen: Jonathan Bachman / Getty Images)

Persons: ”, “, Lane Kiffin, Ole Miss, Walker Jones, Jones, Ole, Ole Miss ’, We’re, ” Jones, Armour, Keith Carter, Carter, We’ve, ” Carter, Dart, ’, Kiffin, ‘, we’re, Tre Harris, Harris, Walter Nolen, Trey Amos, Antwane Wells, JJ Pegues, Quinshon Judkins, Ross Bjork, Hugh Freeze, Hunter Yurachek, ” Yurachek, ’ ” Jones, Jamarious Brown, Jonathan Bachman Organizations: SEC, Ole Miss, LSU, Rebels, Oklahoma, NCAA, Louisiana Tech, Ohio State, ESPN, Buckeyes, Auburn, Arkansas, Getty Locations: Kentucky, Georgia, 247Sports, Texas, Florida, , Alabama, South Carolina, Grove, Arkansas, Death

☆ I weighed 325 pounds at my heaviest. I lost almost half my weight by cutting down portions and moving more.
▼ + stars: | 2024-10-24 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

He lost 145 pounds — and had kept it off — by eating "whatever I wanted," but in smaller portions. They taught me about the kinds of healthy foods I should include in my diet, and I paid attention to them, but I didn't exercise. It was large enough to divide into three different servings, but I'd eat the whole thing plus the bread that came with it. I'd eat anything with a nice custard filling. I dropped 30 pounds, then 50 pounds, then 100 pounds.

Persons: Stephen McKenna's, —, Stephen McKenna, I'd, Stephen Organizations: Service, Sports, Business Locations: Boston, Italian

☆ Former Sports Illustrated swimsuit model says Trump groped her to show off for Jeffrey Epstein
▼ + stars: | 2024-10-24 | by ( Jeremy Herb | Sunlen Serfaty | ) edition.cnn.com time to read: +11 min

New York CNN —A former Sports Illustrated swimsuit model is alleging that former President Donald Trump groped her in the 1990s, in what she believes was an attempt to show off for Jeffrey Epstein. “These accusations, announced on a Harris Campaign call two weeks before the election, are false,” said Trump campaign spokeswoman Karoline Leavitt. Trump and EpsteinWhen she and Epstein left Trump Tower, Williams said that he was silent while they rode down the elevator. After Epstein was charged, Trump told reporters that he did not know about his misconduct. “I was not a fan of Jeffrey Epstein,” Trump said.

Persons: New York CNN —, Donald Trump groped, Jeffrey Epstein, Stacey Williams, Epstein, Williams, Trump, “, didn’t, ” Williams, ”, “ Stacey, Donald, Kamala ”, Kamala Harris ’, Harris, Karoline Leavitt, Doug Emhoff ‘, ’, Emhoff, Epstein “, “ Donald, Epstein –, –, she’s, Jean Carroll, Jeff, ” Trump, she’d, CNN’s Scott Glover Organizations: New, New York CNN, CNN, Trump, New York Magazine, Sports, Democratic, Tech, Obama Locations: New York, Trump, New York City, Beach, Lago, City

☆ Millennials Big Money Mistake: Holding Cash Instead of Buying Stocks
▼ + stars: | 2024-10-24 | by ( Callie Cox | ) www.businessinsider.com time to read: +10 min

This, despite the fact that younger investors were more optimistic about the economy, their incomes, their living situations, and their investments. Millennial investors have been deeply scarred by two life-changing crises in their young lives. But if you look at hard numbers from the Federal Reserve about what millennial investors actually own, you can see that this stereotype is misguided. When you compare millennials' cash levels with Gen X's cash levels at the same age, though, the risk aversion becomes clear. But when it comes to younger investors, I think the scars run deeper than worries about a coming downturn.

Persons: Cash, it's, millennials, Gen Xers, boomers, There's, would've, you'd Organizations: Bank of, Federal Reserve, University of Michigan, Occupy, Dow, Netflix Locations: eToro, United States, YOLO

☆ Why a second Trump presidency would hurt the global economy
▼ + stars: | 2024-10-24 | by ( Hanna Ziady | ) edition.cnn.com time to read: +9 min

For Chinese imports, Trump has proposed an even steeper 60% tariff. Many economists have warned that tariffs planned by Trump will hurt global economic growth and drive up inflation in the US, as well as abroad if other countries introduce higher levies on US imports in response. The International Monetary Fund (IMF) also sees a hit to global gross domestic product from increased tariffs around the world, according to its latest World Economic Outlook. Mario Tama/Getty ImagesA rise in protectionism around the world means open trade is already under threat and the ability of its champion, the World Trade Organization, to settle international trade disputes is severely constrained. “What we’d see in Trump 2 is far more radical than what we saw in Trump 1.”

Persons: Smoot, Donald Trump, Federal Reserve — Trump, Trump, ”, Evan Vucci, he’s, Maurice Obstfeld, Kristalina Georgieva, “, Mario Tama, ” Obstfeld, ” Petros Mavroidis, Scott Olson, Joe Biden, André Sapir, Bruegel, Jerome Powell, Powell, ” Trump, ” Edward Alden, ” Alden Organizations: London CNN, Federal Reserve, Bloomberg, Economic, of Chicago, Trump, Peterson Institute for International Economics, Republican, UBS, Monetary Fund, ABN AMRO, Peterson Institute, IMF, White, Port, World Trade Organization, CNN, Columbia Law School, US, European Union, EU, greenback, Foreign Relations, “ Locations: United States, Hawley, Washington, DC, China, Ukraine, Chicago, Japan, France, South Korea, Port of Los Angeles, Indiana, Portage , Indiana, Brussels, Trump

☆ US businesses are suffering from election uncertainty — and it could be hurting the economy
▼ + stars: | 2024-10-24 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

That’s helped push uncertainty among small business owners to an all-time high since the nearly 40-year inception of a monthly survey the National Federation of Independent Business conducts to gauge small business sentiment. The scale of firms whose investment plans are impacted by election uncertainty is “pretty remarkable” compared to prior elections, said Daniel Weitz, survey director at the Atlanta Fed. The Fed’s Beige Book, a quarterly collection of survey responses from businesses compiled by the 12 regional Fed banks published Wednesday, highlighted a wide range of businesses that are suffering because of election uncertainty. But the blowback that businesses are facing from the election uncertainty should subside once the policy path ahead becomes more clear, at which point we could start to see a rebound in hiring and capital investment businesses make, Meyer told CNN. The combination of these three major unknowns is shaping small business owners’ uncertain outlooks, said Holly Wade, executive director of the NFIB Research Center.

Persons: Kamala Harris, Donald Trump, That’s, ” “, Duke, Daniel Weitz, ”, hesitancy, Brent Meyer, Harris, Meyer, that’s, They’re, Holly Wade, “ We’re, Wade Organizations: New, New York CNN, National Federation of Independent Business, Reserve, Atlanta and Richmond Federal, Duke University’s Fuqua School of Business, Fortune, Atlanta Fed, Cleveland Fed, Fed, Richmond Fed, Dallas Fed, Trump, CNN, Federal Reserve, NFIB Research Locations: New York, ’

☆ Here’s why mortgage rates are rising after the Fed’s rate cut
▼ + stars: | 2024-10-24 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Expectations of a Fed rate cut caused mortgage rates to drop to a two-year low of 6.08% in late September, but it failed to spur homebuying activity. Every percentage point on a mortgage rate makes a big difference for that monthly payment. Here’s what’s driving the recent upswing in mortgage rates. Mortgage rates track the 10-year US Treasury yield, which was expected to fall in anticipation of further rate cuts. “I am clearly not going to own any fixed income.”The government’s fiscal situation might already be having an impact on mortgage rates.

Persons: Freddie Mac, pare, what’s, ” Sam Khater, Freddie Mac’s, Robyn Beck, Donald Trump, Kamala Harris, Harris, “ We’re, Paul Tudor Jones, “, ” Lawrence Yun, Kimberly Bradley, Zach, Kimberly, “ I’ve, ” Kimberly, ” Ken Lowrey, Ken Lowrey, “ homeownership, ”, Lowrey Organizations: Washington CNN, Federal Reserve, National Association of Realtors, Mortgage, Association, Treasury, Getty, Federal Budget, Trump, CNBC, US Postal Service Locations: AFP, Manteo , North Carolina, Charleston , South Carolina

☆ 'You have to not be afraid to ask the obvious questions': How The Wall Street Journal's editor is remaking the paper
▼ + stars: | 2024-10-24 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

Emma Tucker became The Wall Street Journal's first-ever female editor-in-chief in 2023. So we're doing things to make our audiences engaged, rather than thinking about "this is how we do things." What's not useful to Wall Street Journal readers? I mean, the amount of time that people spend reading The Wall Street Journal has gone up. And the one thing I can say with absolute certainty is there is a place for Evan at The Wall Street Journal.

Persons: Emma Tucker, Joe Biden's, Evan Gershkovich, —, Murdoch, Joe Biden, Weeks, Biden, Tucker, Joe, It's, Mike Johnson, Kevin McCarthy, I've, there's, You've, We've, We're, we've, you've, Evan Organizations: Service, Sunday Times, Washington, Wall Street, Street Locations: Joe Biden's, England, Russia

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