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☆ After ‘historic backslide’ during pandemic, global childhood immunization rates stall, new data shows
▼ + stars: | 2024-07-14 | by ( Maya Davis | ) edition.cnn.com time to read: +9 min

The pandemic signified a “historic backslide,” according to Dr. Katherine O’Brien, director of the Department of Immunization, Vaccines and Biological at WHO. WHO and UNICEF’s 2023 immunization coverage report, released Sunday, is the world’s largest dataset on immunization trends for vaccinations against 14 diseases. It analyzed estimates from 185 countries and used a third dose of the diphtheria, tetanus and pertussis (DTP3) vaccine — which is recommended for 1-year-olds — as the global marker for immunization coverage. The 2023 report also found HPV vaccine coverage in girls increased 7%, returning to near pre-pandemic levels. Analyzing immunization coverage in other areas of conflict is “a mixed picture,” O’Brien said.

Persons: Katherine O’Brien, ”, Ephrem, Lemango, ” Lemango, “, ” O’Brien, Subaas Shrestha, WHO’s O’Brien, “ I’ll, Dr, Sanjay Gupta, Melinda Gates Organizations: CNN, World Health Organization, United Nations, Fund, Biological, WHO, UNICEF, US Centers for Disease Control, Vaccine, Global, Get CNN, CNN Health, Vaccine Alliance, Melinda Gates Foundation Locations: Bangladesh, Indonesia, Brazil, Nigeria, Africa, Kathmandu, Nepal, United States, Sudan, Yemen, Afghanistan, Ukraine, Gaza, Israel, IA2030

☆ Americans are buying more Kei trucks from Japan. Is it a sign of a growing “tiny truck” movement?
▼ + stars: | 2024-07-14 | by ( Erika Tulfo | ) edition.cnn.com time to read: +9 min

CNN —Measuring about half the length of a Ford F-150, Kei trucks look almost like toys in comparison to your standard pickup truck. Instagram page Kei Trucks Appreciation Society (@keitrucksas) sells Kei truck-themed merchandise from hoodies to stickers and posts memes for its more than 95,000 followers. On X, Kei truck fans share pictures of mini trucks they spot in the wild. Most states lack Kei-specific regulation entirely, and so far, only 19 states allow Kei trucks on public roads. And data from Edmunds showed that Americans were trading in more midsize and large pickup trucks for compact trucks than vice versa.

Persons: Kei, ”, George Zotos, Bill Pugliano, Zotos, Tetsu Ichino, “, I’ve, it’s, Andrew O’Bright, Kei truck’s, ” Zotos, Melissa Torre, Torre, Mark Schirmer, Mercedes ’ Smart, ” Schirmer, Ford, Edmunds, Ivan Drury, Drury, ’ Organizations: CNN, Ford, Silverado, American International Detroit Auto, Research, JDM Imports, Philadelphia, Torre, Daihatsu, Cox Automotive, Mercedes, Benz, Insurance Institute for Highway Safety, Ford Maverick, Hyundai, Hyundai Santa Cruz Locations: Japan, New York, Detroit , Michigan, Rockville , Maryland, Maryland, Chicago, Kei, U.S, Hyundai Santa

☆ America's 10 best states for infrastructure, where you can rely on roads, bridges, airports, power, and internet
▼ + stars: | 2024-07-11 | by ( Scott Cohn | ) www.cnbc.com time to read: +14 min

To rate each state's infrastructure, we look at roads, bridges, ports and airports. New in 2024, we evaluate so-called site readiness programs set up in many states to link companies with shovel-ready sites. The Economic Development Partnership of Alabama offers one of the more robust site readiness programs in the nation. Roads, bridges, and broadband are also in excellent shape in Tennessee. A respectable 24% of the state's power comes from renewable energy, putting it in the top half of states.

Persons: Pete Buttigieg, Buttigieg, Gary Hershorn, Brad Lander, Kathy Hochul, Luke Sharrett, Liam Kennedy, Chicago —, Carl Sandburg, Minnesotans, Tim Walz, Nathan Howard, — Virginia, Caitlin O'Hara, Elijah Nouvelage Organizations: Infrastructure Law, CNBC, Law, Business, Empire, Hudson, Corbis, Census, Gov, Indiana, CSX Corp, Bloomberg, Getty, Crossroads of America, U.S . Surface Transportation, Hoosier State, of Energy, Street Foundation, Economic Development, Alabama, Tennessee Downtown, Istock, Volunteer State, Energy Department, Illinois Metra, Chicago, Railroads, Census Bureau, Surface Transportation, Traffic, Midway, Chicago Department of Aviation, Lincoln, Minnesota, Jimkruger, Minnesota's Department of Economic, The Utah Department of Transportation, Beehive State, Planners, Virginia, Amazon.com Inc, —, Washington Post, Georgia Passengers, Hartsfield, Jackson Atlanta International Airport Locations: States, York, Manhattan, New York City, New York, Ohio, Clarksville , Indiana, U.S, Indiana, Alabama, Trinity , Alabama, Yellowhammer State, Tennessee Downtown Nashville , Tennessee, Tennessee, Illinois, Chicago, Rudybalasko, Texas, Minneapolis , Minnesota, Mississippi, Minneapolis, Utah, Salt Lake City, Beehive, Farmington, Ashburn , Virginia, Northern Virginia, Arizona, Phoenix , Arizona, Atlanta , Georgia

☆ Here's the immigration firm that is helping "extraordinary" AI engineers qualify for an H-1B alternative visa
▼ + stars: | 2024-07-11 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +7 min

The US issues just 140,000 employment-based visas and 85,000 H-1B visas a year. The O-1 visa has eight criteria; applicants must meet three out of eight to qualify. "A lot of it is a storytelling exercise about yourself to meet the criteria of the O-1," Wehden said. AdvertisementGabriel Petersson, a Midjourney engineer and high school dropout, initially considered an H-1B visa before realizing it required a college degree. While 85% of the company's petitions have been for O-1 visas thus far, it also supports green card applications.

Persons: —, Joe Biden, Donald Trump, Lisa Wehden, Wehden, Lisa, Justin Bieber, Plymouth's, Gabriel Petersson, Petersson, Minn Kim Organizations: Service, Plymouth, Business, Immigrants, Microsoft, Nvidia, Google, Immigration, Employers, O1, Institute for Progress, Schmidt, Emergent Ventures, Talent Mobility Fund Locations: Plymouth, America

☆ $20 billion Balyasny trims its top Asia stock-picker's book so she can focus on building the hedge fund in the region
▼ + stars: | 2024-07-11 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

Read previewBalyasny Asset Management has cut back the portfolio of its Asia equities head, but not because of poor performance. This story is available exclusively to Business Insider subscribers. Related storiesBalyasny, the $20 billion multistrategy firm based in Chicago, parted ways with its global equities head, Jeff Runnfeldt, last October. AdvertisementBalyasny, the founder, has been running the equities unit since Runnfeldt's departure, adding talent — such as Point72's Peter Goodwin — and reviewing existing books. The firm has made 5.5% through the first half of the year, Business Insider recently reported, trailing peers like Citadel, Point72, and Millennium.

Persons: —, Archana Parekh, Dmitry Balyasny, Parekh, Jeff Runnfeldt, Runnfeldt, Peter Goodwin —, Andrew O'Connor, Weiss, David Lohman, Marco Minoli, Anil Gondi, Balyasny, Stephen Schurr, She's, Will Brant, Robert Tau Organizations: Service, Management, Balyasny, Business, Fortress Investment, Citadel, Walleye, Bloomberg Locations: Asia, Chicago, Schonfeld, LMR, — Singapore, Hong Kong, Tokyo, Balyasny's Hong Kong, Point72

REUTERS/Tom Bateman/File Photo Purchase Licensing Rights New Tab , opens new tabJuly 10 (Reuters) - Costco Wholesale (COST.O) New Tab , opens new tab said on Wednesday it would hike annual membership fees for the first time in seven years for its U.S. and Canada customers, effective Sept. 1. Costco said the maximum annual 2% reward associated with executive membership will also increase to $1,250 from $1,000. "The market has been expecting (discussion of) a membership fee hike for a couple years ... management historically tends to raise membership rates every 5 to 6 years," said Michael Ashley Schulman, chief investment officer at Running Point Capital Advisors. For fiscal 2023, membership fee revenue accounted for 1.9% of the company's total revenue. New Tab , opens new tabSave Share XFacebookLinkedinEmailLink Purchase Licensing Rights

Persons: Tom Bateman, Costco, Michael Ashley Schulman, Schulman, Granth, Mohammed Safi Shamsi Organizations: Costco, REUTERS, Costco Wholesale, Running, Capital Advisors, Thomson Locations: Meiwa, Gunma Prefecture, Japan, Canada, Bengaluru

☆ Nearly half of Gen Zers get help from the bank of mom and dad, report finds
▼ + stars: | 2024-07-10 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

watch nowTo keep up with the high cost of living, many young adults turn to a likely safety net: their parents. "The high cost of living is certainly impacting Gen Z," said Holly O'Neill, president of retail banking at Bank of America. The financial institution polled more than 1,000 Gen Z adults in April and May. Even compared with millennials, Gen Zers are spending significantly more on necessities than young adults did a decade ago, other reports show. Fewer Americans feel financially comfortable overallBut it's not just Gen Z struggling.

Persons: Zers, —, Holly O'Neill, millennials, Gen Zers, homeownership, Brett House, O'Neill, Z, it's, Bankrate Organizations: Bank of America, New York Fed, Columbia Business School, Finance

☆ When Tenants Get Illegally Locked Out, Landlords Often Win.
▼ + stars: | 2024-07-10 | by ( Cecilia Reyes | ) www.businessinsider.com time to read: +32 min

A handful of states, including Texas and Nevada, have set up dedicated systems designed to restore tenants to their homes after an illegal lockout. She and her family still don't have a new apartment, she said, and the eviction cases on her record don't help. BI reviewed two years' worth of lockout cases from the department and found city lawyers routinely dismissed tickets, often without documenting why. Bridget Bennett for Business InsiderThat afternoon, Brown had three cases on his docket in which tenants were alleging they'd been illegally locked out and dozens of cases in which landlords were seeking formal evictions. In 2022, Miami-Dade County passed a tenant's bill of rights that underlines the illegality of lockouts and limits a landlord's ability to harass tenants.

Persons: Henisha Dunn, Dunn, Zion Griffin, Griffin, Dunn's, Alyssa Pointer, —, Caryn Schreiber, Paul Panusky, He's, Jeffrey Uno, Uno, David Brogan, Griffin's, didn't, Brandon Johnson, Abel Uribe, Rolando Quebrado, lockouts, Quebrado, Pangea, Troy Marr, Marr, James Byczek, Byczek, Michael Dudek, wasn't, Dudek, Marr's, lockouts that's, David Brown, Bridget Bennett, Brown, they'd, They're, doesn't, Dana Karni, Karni, Brooke Boyett, Harris, Marlon Coleman, Coleman, Shay Awosiyan, Mr, Awosiyan, he'd, Callaghan O'Hare, Schreiber, Jay Trumbull, Trumbull, Tom Butler, Ron DeSantis, Joe Raedle, Florida's, Austin, Coleman's Organizations: Business, BI, Survey, Department of Justice, Legal, Foundation of Los, New, Apartment Association, Atlanta Legal, Chicago police, Police, Chicago, Nevada Business, Regional Justice Center, Las Vegas Regional Justice Center, Las Vegas Justice, Justice, Lone Star Legal, Harris County's, Administration, Houston, Texas Excel Property Management, Houston Police Department, Excel's Villa Nueva, Texas Excel, Apartments, Republican, Florida Realtors, Gov Locations: Georgia, New Jersey, Minnesota, California, Texas, Nevada, New York, Atlanta, Michigan, Foundation of Los Angeles, Fulton County, Chicago, Chicago's Jefferson, They're, Las Vegas, Harris County, Houston, In Texas, Harris, Greater Inwood, Miami, Dade County, Florida, Dallas, Applebee's

☆ Gen Zs are better at 'loud budgeting,' but nearly half still need financial support from family: study
▼ + stars: | 2024-07-10 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewGen Zs are struggling financially, and nearly half of them rely on their parents for support, a new study found. Bank of America released a report Wednesday outlining Gen Z's financial health, and things aren't looking too great for these 18- to 27-year-olds. AdvertisementThe research found that 38% of Gen Zs are OK admitting to their friends that they can't go to certain social events because they can't afford them. "It is critical that we continue to empower Gen Z to work toward achieving financial health and meeting their long-term goals."

Persons: —, it's, Zs, It's, Rachel, Phoebe, Joey, shamefully, Chandler, Ross, Monica, Holly O'Neill, BofA's, Gen Organizations: Service, Bank of America, Business, Bank of America's, Bank, Retail Banking Locations: Ibiza

☆ What the rest of hurricane season could hold after Beryl made early-season history
▼ + stars: | 2024-07-09 | by ( Mary Gilbert | ) edition.cnn.com time to read: +9 min

Collin Reid/AP A boat damaged by Hurricane Beryl lies on its side at a dock in Kingston on Thursday. Leo Hudson/AP Simone Francis gathers items from her home that were blown away by Hurricane Beryl in Old Harbor, Jamaica, on Thursday. Ricardo Hernandez/AP Pastor Winston Alleyne clears trees felled by Hurricane Beryl in St. Vincent and the Grenadines on July 2. Lucanus Ollivierre/AP Fishing boats, damaged by Hurricane Beryl, sit in a heap at the Bridgetown Fisheries in Barbados on July 1. Randy Brooks/AFP/Getty Images Brad Reinhart, senior hurricane specialist at the National Hurricane Center in Miami, tracks Hurricane Beryl on July 1.

Persons: Beryl, Phil Klotzbach, Beryl –, –, “ Beryl, ” Klotzbach, Mark Felix, Hurricane Beryl, Brandon Bell, Blake Braun, Dolly, Port, Jon Shapley, Eddie Seal, Fernando Llano, Everton Evanks, Elizabeth, Joe Raedle, Collin Reid, Leo Hudson, Simone Francis, Hurricane, Paola Chiomante, Marco Bello, Jose Luis Gonzalez, Vincent, Lucanus, Arthur Daniel, Samir Aponte, Ricardo Hernandez, Winston Alleyne, Ricardo Mazalan, Sylvia Small, Matthew Dominick, Chandan Khanna, Randy Brooks, Brad Reinhart, Gilbert Bellamy, “, Mona Hemmati, Beryl “, ” Hemmati, Hurricane Beryl churns, Beryl Beryl’s, Alberto, Chris –, El Niño, CNN’s Rachel Ramirez Organizations: CNN, Colorado State University, Getty, Houston Chronicle, AP, Bloomberg, Everton, National, Reuters, Wednesday, Reuters Workers, AP Homes, Bridgetown Fisheries, NASA, National Hurricane Center, Klotzbach, Climate, Hurricane, Colorado State, National Hurricane Locations: Caribbean, Surfside Beach , Texas, AFP, Houston, Hurricane, , Texas, Port Aransas , Texas, Tulum, Mexico, St, Elizabeth Parish, Jamaica, Kingston , Jamaica, Kingston, Old Harbor, Cancun , Mexico, Playa del Carmen, Union, Kingstown, Grenadines, Petite Martinique, Cumanacoa, Venezuela, Santo Domingo, Dominican Republic, Bridgetown, Barbados, Oistins, Hastings, Miami, Columbia, Africa, United States

☆ More Ukrainians May Die in Attacks on Medical Sites in 2024, W.H.O. Data Suggest
▼ + stars: | 2024-07-08 | by ( Eve Sampson | ) www.nytimes.com time to read: +1 min

A Russian missile strike on Ukraine’s largest children’s hospital on Monday highlighted the growing number of deadly attacks on medical facilities, vehicles and workers in the country this year. It adds to data from the World Health Organization and suggests that more Ukrainians may be on track to be killed in such attacks this year than last year. The organization also recorded 44 attacks on medical vehicles in that period. In all of 2023, the organization tallied 22 deaths and 117 injuries from 350 such attacks, and 45 more specifically on medical vehicles like ambulances. In all, the bombardment killed at least 38 people, including 27 in Kyiv, Ukraine’s capital, local officials said.

Organizations: Russian, World Health Organization Locations: Kyiv, Ukraine, Ukraine’s

☆ Air travel demand is breaking records. Airline profits are not
▼ + stars: | 2024-07-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: +6 min

Scott Olson | Getty ImagesRecord summer air travel demand isn't translating to record U.S. airline profits. Some airlines have forecast record demand, and in some cases, revenue. American Airlines on May 28 cut its second-quarter revenue and profit forecasts and announced its chief commercial officer was leaving after a sales strategy backfired. "The domestic supply and demand imbalance has led to a weaker domestic pricing environment than we had forecast," American Airlines CEO Robert Isom said at a Bernstein industry conference the next day. Travelers at New York's LaGuardia Airport Leslie Josephs/CNBCSouthwest Airlines cut its second-quarter forecast in late June, citing shifting demand patterns.

Persons: Scott Olson, sprees, Raymond James, Savanthi Syth, Scott Group, Hopper, Airfare, Robert Isom, Leslie Josephs, Bob Jordan, Pratt, Ted Christie Organizations: O'Hare, Getty, Airbus, Boeing, Pratt & Whitney, NYSE Arca, Paris, Investors, Delta Air Lines, Analysts, Delta, American Express, United Airlines, Alaska Airlines, Wolfe Research, Scott, theTransportation Security Administration, Airlines, Airline, Aircraft, U.S, American Airlines, CNBC Southwest Airlines, Elliott Investment Management, Politico, JetBlue Airways, Frontier Airlines, JetBlue, Spirit Airlines Locations: Chicago, Delta, Alaska, U.S, Europe, New, Dallas

☆ Election Live Updates: Embattled Biden Hits Trail and Sits for Crucial Interview
▼ + stars: | 2024-07-05 | by ( Nicholas Nehamas | ) www.nytimes.com time to read: +7 min

But Mr. Biden told the governors, some of whom were at the White House while others participated virtually, that he was staying in the race. Josh Green of Hawaii, a physician, asked Mr. Biden questions about the status of his health, Mr. Biden replied that his health was fine. Image Democratic governors left the White House after meeting with Mr. Biden on Wednesday. Mr. Biden told a Milwaukee radio station in an interview made public Wednesday that he had “a bad night.” In the prerecorded interview with the radio host Earl Ingram, Mr. Biden added, “The fact of the matter is that I screwed up. A White House spokesman, Andrew Bates, confirmed that Mr. Biden had seen the White House physician to check on the cold.

Persons: Biden, Donald J, Trump, Biden’s, Mr, Josh Green of, It’s, Kathy Hochul, Jen O’Malley Dillon, O’Malley Dillon, ” Kevin Munoz, Bush, Obama, Joe Biden, Donald Trump, Doug Mills, —, J.B . Pritzker, Jared Polis of, Janet Mills of, Michelle Lujan Grisham, Mills, Lujan Grisham, Maura Healey, Jeff Zients, irretrievable ”, ”, Earl Ingram, White, Andrew Bates, Karine Jean, Pierre Organizations: New York Times, White, Gov, Democratic, ., Illinois, Jared Polis of Colorado, White House, Politico, House Locations: Josh Green of Hawaii, New York, Janet Mills of Maine, New Mexico, Massachusetts, Milwaukee

☆ Elon Musk and Tesla are on the rise after a brutal start to the year
▼ + stars: | 2024-07-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, a tough sales report for Tesla can't slow the EV maker's turnaround . After a dreadful start to the year, the EV maker has been running on all cylinders on a full charge. Tesla's polarizing CEO also notched a massive victory when investors approved Elon Musk's $55 billion pay plan . But what is new at Tesla, and what sparked the company's recent market rally, are big promises from its CEO. As automakers reconsider their EV strategy , Tesla has figured out how to build cars cheaper than anyone else .

Persons: —, I'm, Tesla, Jordan Strauss, Chelsea Jia Feng, Insider's Nora Naughton, BI's Filip De Mott, hasn't, Karol Serewis, Musk's, Nora, it's, he's, Musk, Apu Gomes, Steve Cohen's Point72, Ken Griffin's, Mark O'Hare, Larry Fink, execs, Marc Benioff, trouncing, It's, Jenny Chang, Rodriguez, they've, Morgan Stanley, Beryl, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Business, Chelsea, Wall, Elon Musk's, Getty Images, Getty, Ken Griffin's Citadel, BlackRock, EU, Google, YouTube Locations: Wick, Jamaica, New York, London

☆ Opinion: Will Britain’s widely expected next Labour prime minister, Keir Starmer, be the heir to Tony Blair?
▼ + stars: | 2024-07-03 | by ( Opinion Philip Collins | ) edition.cnn.com time to read: +7 min

In its 118 years of existence, the Labour Party has been in power for only 33 years. Since the Second World War, Labour has had only three election winners — Clement Attlee, Harold Wilson and Tony Blair. Newly elected British Prime Minister Tony Blair is greeted by a sea of well-wishers in Downing Street, on May 2, 1997. Rebecca Naden/PA/APIn 1997 Tony Blair had been leader of the Labour Party for three years and had never been behind in the opinion polls. Britain's current Labour leader, Keir Starmer with former Labour leaders and prime ministers Tony Blair and Gordon Brown during a reception for King Charles III, in September 2022.

Persons: Philip Collins, Tony Blair, Read, CNN —, — Clement Attlee, Harold Wilson, Sir Keir Starmer, Tony Blair’s, Margaret Thatcher, Boris Johnson, Blair, Adam Butler, Noel Gallagher, Rebecca Naden, Neil Kinnock, John Smith, Philip Collins Starmer, Kinnock, Smith, Starmer, Jeremy Corbyn, Boris Johnson’s, Keir Starmer, Gordon Brown, King Charles III, Brown, Blair's, Kirsty O'Connor, Bury, – Organizations: CNN, CNN — Britain’s Labour Party, Labour Party, Labour, Conservative Party, Conservative, Conservatives, British, Blair's Labour Party, British Prime, Oasis, New Labour, Boris Johnson’s Conservative Party, Getty, Bury, Twitter, Facebook Locations: British, Downing, Bury, England –, Britain

☆ Wimbledon recap day one: Coco Gauff joined by lucky losers in women’s draw, Tiafoe rises
▼ + stars: | 2024-07-01 | by ( Charlie Eccleshare | Matthew Futterman | ) www.nytimes.com time to read: +15 min

Welcome to the Wimbledon briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. For world No 2 Coco Gauff, the draw at this year’s Wimbledon has been more than kind: It’s been positively loving. There are no Wimbledon champions in this half of the draw, but there is still a four-time slam winner. (Glyn Kirk / AFP via Getty Images)Can Frances Tiafoe make this the first day of the rest of his tennis life? Tiafoe came back from two sets down for the first time in his career, winning 6-7(5), 2-6, 6-1, 6-3, 6-3.

Persons: Casper Ruud, Aryna Sabalenka, Frances Tiafoe, Casper Ruud’s, Ruud, Alexander Zverev, Alex Bolt, Henry Nicholls, I’m, ”, Swiatek, you’ve, Coco Gauff, Victoria, Zheng, Lulu Sun, Mirra, —, Brenda Fruhvirtova, Jasmine Paolini, Maria Sakkari, Gauff, Caroline Dolehide, Naomi Osaka, Diane Parry, Glyn Kirk, Tiafoe, Mateo Arnaldi, ” Tiafoe, He’s, Roland Garros, craves, Borna Coric, — Carlos Alcaraz, Ben Stansall, Erika Andreeva, Britain’s Sonay Kartal, Aryna, Linda, Erika, Donna Vekic, rika, ade, ound, hird, Ber, G, 🇦🇷 18 S. Baez, 🇿 J., Kor, Borge, Dan, 🇪 E., Diaz, Hurkacz 🇲🇩 R, 🇸 J., . Ju, Kar, J, Fearnley, 🇹 1, Nakashima 🇦 🇺 J., F. J, 🇷 P., eva 🇩🇪, 🇦, A. Pot, Colli, 🇸, . Wozniacki, Bro, Fer, U vardy, Tomova 🇺 🇸, 🇴, K, 🇿 K., Yastrems, 🇷, Wang, 🇹, Danilo, eva, 🇯, Nava Organizations: Wimbledon, London, Getty, Tennis, Victoria Azarenka, U.S, 🇬, Monfils, ritz, emi, eni, Sta Locations: Wimbledon, Halle, Germany, Queen’s, London, Norway, Swiatek’s, Italy, AFP, Roehampton, Russian, Croatia, novi, Bou, Ste

☆ 'Inside Out 2' tops $1 billion at the global box office, first film to do so since 'Barbie'
▼ + stars: | 2024-06-30 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar's "Inside Out 2." The animated feature has tallied $1.014 billion worldwide as of Sunday, making it the highest-grossing film of 2024 and the first film since Warner Bros.′ "Barbie" to top $1 billion at the global box office. A once prolifically successful studio, Pixar has suffered at the box office in the wake of the pandemic. As a result, before "Inside Out 2," no Disney animated feature from Pixar or its Walt Disney Animation studio had generated more than $480 million at the global box office since 2019. "Inside Out 2" has also showcased how vital the family audience is to the box office.

Persons: Amy Poehler, Maya Hawke, Joy, Disney's, Michael O'Leary, Mario Organizations: Warner Bros, National Association of Theatre, Pixar, Disney, Walt Disney Animation, Mario Bros, Comcast, CNBC Locations: Disney, EntTelligence, NBCUniversal

☆ Wall Street kicks off the second half of 2024 with key jobs report in the week ahead
▼ + stars: | 2024-06-28 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The S & P 500 and Nasdaq Composite are hovering around all-time highs, having rallied roughly 15% and 18%, respectively. The 30-stock Dow and S & P 500 each posted losses, down by 0.1%, each. In recent days, a number of Wall Street firms have hiked their year-end S & P 500 targets to catch up with this year's surprisingly strong rally. On a median basis, strategists expect the S & P 500 will end the year at 5,500, a CNBC Pro survey shows . June jobs report Markets will be closed Thursday for the Fourth of July holiday.

Persons: chipmaker, Craig Johnson, Piper Sandler, Goldman Sachs, Scott Chronert, CNBC's, Chronert, Piper Sandler's Johnson, Bill Merz, Merz, He's, Jamie Meyers, Laffer Tengler, he's, Meyers, Bank's Merz Organizations: Nasdaq, Dow Jones, Nvidia, Microsoft, Deutsche Bank Research, Equity, Dow, Wall Street, Citi, ISI, CNBC, U.S, Bank Wealth Management, PMI, Manufacturing, ADP, PMI Services, Services PMI, Constellation Locations: U.S

And they were everywhere, although, naturally, New York City was a magnet, as it has always been for L.G.B.T.Q.+ people looking for a place in which they can be themselves. New York City was where you lost your soul, and we wanted to be closer to the earth. I wore an eight-and-a-half-foot-tall Statue of Liberty costume to the Easter Parade in New York City, and Kirsten came along with me. By the time I turned 30, I’d been telling people I was older for years, because I’m not the type to bemoan the loss of my youth. Going to New York felt like this moment of emerging to a wider audience, and then I started to travel a lot.

Persons: André De Shields, Lady Bunny, Michael R, Jackson, Juliana Huxtable, Wong, J.D, Samson, Pat Oleszko, it’s, —, John Rechy, ”, Danez Smith, Trump, he’d, “, Jenna Lyons, Avram Finkelstein, Joe Mantello, …, Catherine Opie, you’re, Willie Norris, “ I’d, It’s, you’ve, ” — Mark Harris Read, De Shields, Justin French, Chuck Ashley, Anthony Cotsifas, William F, Robert O’Hara’s, Hermes, — Max Berlinger Jenna Lyons, Antonio Lopez, Jenna Lyons’s, Grace Jones ”, Juan Ramos, Antonio Lopez’s, Grace Jones, Tina Chow, Marisa Berenson, Pam Anderson, That’s, — Jason Chen Jayne County, Jayne County, Gus Stewart, Billy Idol, Wayne County, — M.B, Bill T, Jones, Arnie, Arnie Zane, Zane, Keith Haring, Lois Greenfield, Jack Mitchell, Peggy Jarrell Kaplan, Gertrude Stein, Alice B, we’d, Bill, Arnie ”, I’m, — Juan, Norris, Yael Malka, Tomas Abad, West, Black, I’d, — Colleen Hamilton B.D, New York’s Eugene, . Wong, David Henry Hwang’s, Richie, wasn’t, Wayne Barker, — John Wogan Edmund White, Edmund White, Horatio, Leonard Fink’s “, Barbara Confino, Leonard Fink, Joseph Rodriguez, Bleecker, You’d, Gosh, Michael Snyder Pat Oleszko, Chichi, Kirsten, who’d, she’d, — C.H, Brian Michael Smith, Gay, Smith, Kiki Ball, Josue Infante, Skyler Cruz, Jamison, — J.A.R, Agnes Denes’s “, Don Yowell, Finkelstein, Agnes Denes, Leslie Tonkonow, Don, Agnes Denes’s, JD Samson, Sia, Mark Hunter, Anthony Cotsifas I’d, Johanna Fateman, Tigre, Michael O’Neill, Obama, might’ve, — Kate Guadagnino Kristen Kish, Kish, Suzanne Kreiter, David Moir, Bravo, isn’t, — J.W, Stephen Spinella, Mantello, Joan Marcus, Photofest, Tony Kushner’s, Louis Ironson, Milton Glaser, he’s, David, Marshall Grant, Joe Pitt, Walter, Awards, Stephen, ” —, Freedia, Devon Hurst, Sissy Nobby, Barack Obama’s, Lyle Ashton Harris, Big, Bounce, ” — M.B, Thom Browne, Browne, Los Angeles’s Chateau Marmont, Malcolm Venville, Paul Fortune, Michèle Lamy —, — J.C, Catherine Opie’s “, Opie, Ian, Lehmann Maupin, Eileen Myles, Jenny Shimizu, I’ve, Nicole Acheampong Danez Smith, Juan Cordero, ” Womp, They’d, hookups, Who’s, We’ve, You’re, J.A.R, Linda Simpson, India, Little Louie Vega, who’s, — K.G, Alexander Chee, Alexander Chee’s, Marguerite Duras’s “, Jeongneung, King Jungjong, Eric McNatt, Chris Chee, — M.S, Sam Jay, Jay, Jonah, Kumail ”, hadn’t, K.G, Phillip Lim, Lim, Tourmaline, Sylvia Rivera, Luce Capco Lincoln, York’s, We’d, Marsha P, John Cameron Mitchell, Larry Kramer, Mitchell’s, Mitchell, Martha Swope, Billy Rose, Mark Tusk, ” Kramer’s, Larry, Ned Weeks, Ned, “ Hedwig, J.W, Joerg Lohse, Reena, there’s, Matt Bomer, Bomer, Simon Halls, Neal Caffrey, Tony Kushner, Terrence McNally —, — I’d, Hollywood, Wu Tsang, Neil Rasmus, Wildness, ’, Wildness ”, Roxane Gay, Mueller, Brandon Williams, Donna Gottschalk, Donna Gottschalk’s “, Duchess, Galerie Marcelle Alix, goddamn, Coco Romack Michael R, Aaron Kinney, Nova, “ I’m, Bob Damron’s, Sgt, Shirley, Waldorf, Harold’s, Jean ] Genet, Marcel, Proust Organizations: Pride, Stonewall, West, America’s, ACT UP, San, Playwrights Horizons, Odeon, New York’s TriBeCa, Electric, Getty, Police, Billy, New York Live Arts, Keith Haring Foundation, BAM Hamm, Liberation, Brooklyn Liberation, Brooklyn Museum, Fort, New York’s, New York’s Eugene O’Neill Theatre, Broadway, Equity, LGBT Community Center, Fulbright, Mudd, New, Bisexual, Transgender Community, Center, Transgender Community Center, “, Maxwell, Museum School, Farmers, Seattle, Boston Globe, Travel, New York Times, Rancho Mirage, Gay, Caesar’s, FEMA, Yale, York’s Webster Hall, Masters, Records, Pyramid, Work, ACT, Carpenters, Seymour, Edinburgh, Atlanta —, Ninja, Huntington, New York, Lesbian, Equal, Billy Rose Theatre Division, The New York Public Library, The New York Times, USA, Children’s Hospital of Los, MoMA, Whitney Biennial, University of Nebraska, Alamy, HarperCollins, of Engineering, Google, Division, Astor, Tilden Foundations, Pershing, University of Southern, Pershing Square Locations: New York, Berlin, “, America, San Francisco, Baltimore, New York’s, New York City, California, Atlanta, Europe, Wayne County, Dortmund, Germany, London, Amsterdam, Rotterdam, Rockland County, N.Y, ’, I’m, Brooklyn, West Dakota, Fort Greene, New, Leonard Fink’s “ Bars, Street, Rome, —, Aspen, Colo, Copenhagen, Danish, Peru, Los Angeles, Agnes Denes’s “ Wheatfield, Downtown Manhattan, North Moore, TriBeCa, Hoboken, N.J, Lower Manhattan, Manhattan, Boston, Williamsburg , Brooklyn, Vinnie’s, Bedford, Austin , Texas, Copley, Menton, Asian American, York, New Orleans, Houston, Los Angeles’s, L.A, Hong Kong, Seoul, Casa, Koreatown, Minneapolis, Grindr, East, India, Wigstock, Tompkins, Vershire, Chee, Iowa, Huntington Beach, Chelsea, Barneys, Madison, Miami, New York State, Washington, The, LA, Silver Lake, Missouri, Children’s Hospital of Los Angeles, Zurich, Central, American, Westlake, Los Angeles and New York, Lincoln, Alphabet City , New York, Lenox, United States, University of Southern California, Downtown Los Angeles

☆ An S&P 500 10% correction is likely this summer, says Piper Sandler
▼ + stars: | 2024-06-26 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

"However, the longer these warning lights flash, the more painful the repair bill (market correction) will be," Johnson said. .SPX YTD mountain S & P 500 Stocks have surged this year largely due to the outperformance of artificial intelligence mega-cap technology companies such as Nvidia. The S & P 500 and Nasdaq Composite are higher this year by roughly 15% and 18%, respectively. Just last week, the S & P 500 breached 5,500 for the first time. Johnson anticipates the S & P 500 will end the year at 5,050, or 7% lowerthan where it closed Tuesday.

Persons: Piper Sandler, Craig Johnson, Johnson Organizations: Nvidia, Nasdaq Locations: Tuesday's

☆ The 'Dogs of the Dow' are doing well even as investors chase Nvidia higher
▼ + stars: | 2024-06-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

A cohort known as the "dogs" of the Dow Jones Industrial Average is a changing list of stocks with the highest dividend yield at the end of each year. For those who subscribed to the dogs theory, there's largely been upside — with 7 of the 9 stocks beating the Dow. These stats are current as of Monday afternoon: Verizon runs the dog house with the highest current dividend yield at 6.6%. The stock also has a current dividend yield of 3.4%. While Goldman Sachs has seen the best year-to-date performance, the bank has the lowest current dividend yield on the list at just 2.4%.

Persons: It's, Michael O'Higgins, Dow, — Goldman Sachs —, FactSet, Bank of America's Tal Liani, Goldman Sachs Organizations: Dow Jones, Nvidia, Dow, CNBC Pro, Verizon, Cisco, Bank of America's, Walgreens Locations: FactSet

Special Counsel Jack Smith delivers remarks on a recently unsealed indictment including four felony counts against former President Donald Trump on August 1, 2023 in Washington, DC. Drew Angerer/Getty ImagesAttorneys for Donald Trump will continue their legal efforts to throw off special counsel Jack Smith and the classified documents case against the former president in Florida on Monday. Trump’s attorneys will battle prosecutors in court on the second part of Trump’s argument that Smith’s appointment was illegitimate, focusing on how he’s being funded. On Friday, prosecutors, defense attorneys and third parties fought over whether Smith was legitimately appointed as special counsel, an argument district Judge Aileen Cannon seemed skeptical of during the hearing. “President Biden’s DOJ is paying for this politically motivated prosecution of Biden’s chief political rival ‘off the books,’ without accountability or authorization,” Trump’s attorneys argued in their filing earlier this year.

Persons: Jack Smith, Donald Trump, Drew Angerer, Trump’s, Smith, Aileen Cannon, ‘, ”, “, it’s, ’ Organizations: Getty, Prosecutors Locations: Washington ,, Florida, United States

☆ Presidential debate: The Biden-Trump face-off is anything but a rerun
▼ + stars: | 2024-06-21 | by ( Steve Contorno | Jeff Zeleny | ) edition.cnn.com time to read: +7 min

CNN —The historic rematch between Joe Biden and Donald Trump is anything but a rerun, with their first presidential debate next week set to showcase a vastly different set of issues driving their bitter duel for the White House. It feels like an upside-down lifetime ago since the pair last appeared together on a debate stage. “That’s the thing you’re going to see coming out in this debate: What was the world like under Trump?” Waltz said on CNN. Trump suggested Biden would be “pumped up” for the debate, before insinuating, without any evidence, that the president uses cocaine. Yet this showdown is without parallel as the 45th and 46th presidents seek to define their rival in what is the earliest general election debate in memory.

Persons: Joe Biden, Donald Trump, Trump, Biden, “, Roe, Wade, Mike Waltz, ” Trump, ” Waltz, ”, it’s Trump, “ Trump, Brian Bartlett, Mitt Romney’s, ” Biden, Joe, Jill Biden, Biden’s favorability, Trump –, Brett O’Donnell, ” O’Donnell, Betsy Klein, Kate Sullivan Organizations: CNN, White, Biden, Trump, Democrats, Florida Republican, ”, Trump White House, Copa, ABC, Secret Service, Republican Locations: Atlanta, Wisconsin, Ukraine, Florida, year’s State, Green Bay , Wisconsin

☆ Teamsters President Sean O’Brien to speak at Republican National Convention
▼ + stars: | 2024-06-21 | by ( Chris Isidore | Arit John | ) edition.cnn.com time to read: +4 min

York CNN —Teamsters President Sean O’Brien will speak to the Republican National Convention in Milwaukee in July, a sign that former President Donald Trump’s campaign is hoping to peel off the support of union members from President Joe Biden. But unlike other speakers at the RNC, O’Brien’s appearance does not represent an endorsement of Trump, according to Teamsters union spokesperson Kara Deniz. O’Brien has requested the opportunity to also speak at the Democratic National Convention in Chicago in August. “Our GREAT convention will unify Americans and demonstrate to the nation’s working families they come first,” Trump wrote. “This is truly unprecedented since it will be the very first time a Teamsters General President has addressed the RNC,” she said in an email.

Persons: Sean O’Brien, Donald Trump’s, Joe Biden, Trump, Kara Deniz, O’Brien, Deniz, ” Trump, “, ” Deniz, ”, ” “, John Palmer, Biden, Sen, Markwayne Mullin, Bernie Sanders, Matt Hill, – CNN’s Gregory Krieg, Kristen Holmes Organizations: York CNN, Republican National Convention, RNC, Teamsters, Democratic National Convention, DNC, United Auto Workers, National Labor Relations Board, AFL, UAW, National Education Association, Democratic, Republican Locations: York, Milwaukee, Chicago, Lago, Oklahoma

☆ S&P 500 futures are little changed as Wall Street looks for Nvidia to keep leading market
▼ + stars: | 2024-06-19 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Nvidia stock has climbed 174% in 2024, as the AI boom continues to boost equities. The stock market was closed Wednesday for the Juneteenth holiday. S&P 500 futures were little changed on Wednesday as investors look for the benchmark to add to its latest record high. Nvidia already surpassed Apple by market cap earlier in June, and has cemented its place as the de facto market leader at the helm of the roaring AI theme on Wall Street. "Is it any surprise that we continue to argue that Wall Street (i.e., SP 500) is beating to a different drum than is Main Street (underlying US economy)?"

Persons: Scott Chronert, Thomas Fitzpatrick, O'Brien Organizations: Nvidia, Microsoft, Nasdaq, Apple, Investors, Broadcom, Citi, Associates

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