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☆ PepsiCo is among the most oversold S&P 500 stocks. Here are the others
▼ + stars: | 2023-10-06 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

The S & P 500 entered Friday's session down for the week, but a 1% rally put it on track to snap a four-week slide. Here are some of the most oversold names: PepsiCo is one of the most oversold companies in the S & P 500, scoring an RSI of 5.7 and a consensus price target implying more than 26% upside. Other oversold stocks include utility company NextEra Energy , hospitality and entertainment company MGM Resorts International and financial services firm State Street . Here are the 10 most overbought stocks in the S & P 500: Activision Blizzard made the list, with an RSI of 74.15. Pharmaceutical company McKesson and risk management software provider Assurant are also among the most overbought companies in the S & P 500.

Persons: Christopher Horvers, Activision Blizzard, UnitedHealth, it's Organizations: Group, PepsiCo, Dow Jones, CNBC Pro, Wall Street, Gatorade, Barclays, JPMorgan, HSBC, NextEra Energy, MGM Resorts International, Activision, Microsoft, Activision Blizzard, . Pharmaceutical, Seagate Technology Locations: overbought

☆ Snap AI chatbot investigation in UK over teen privacy concerns
▼ + stars: | 2023-10-06 | by ( Jake Piazza | In Jakepiazza | ) www.cnbc.com time to read: +2 min

Snap is under investigation in the U.K. over privacy risks associated with the company's generative artificial intelligence chatbot. If the ICO's provisional findings result in an enforcement notice, Snap may have to stop offering the AI chatbot to U.K. users until it fixes the privacy concerns. The AI chatbot, which runs on OpenAI's ChatGPT, has features that alert parents if their children have been using the chatbot. Other forms of generative AI have also faced criticism as recently as this week. Bing's image-creating generative AI has been used by extremist messaging board 4chan to create racist images, 404 reported.

Persons: John Edwards, chatbot Organizations: Commissioner's, ICO, CNBC, Washington Post

☆ US economy added 336,000 jobs last month, almost twice what was expected
▼ + stars: | 2023-10-06 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

The US economy added an estimated 336,000 jobs last month, blowing expectations out of the water, according to Bureau of Labor Statistics data released Friday. In September, leisure and hospitality helped drive job growth higher, with 96,000 jobs added. Today’s headline jobs number — that surprising 336,000 net job gain — is an initial estimate that will be revised twice more. The surprising September jobs report, however, didn’t continue that streak. August’s second look has job growth now at 227,000 for the month, an increase of 40,000.

Persons: ”, Sung, Soh, Joe Biden, “, it’s, ” Biden, Andrew Patterson, ” Patterson, they’ve, Jim McCoy, we’re, ” Daniel Zhao, Glassdoor’s, ” Julia Pollak, didn’t, ” Diane Swonk, — CNN’s Tami Luhby Organizations: Minneapolis CNN, of Labor Statistics, Loyola Marymount University, SS Economics, BLS, Federal Reserve, Dow, Nasdaq, Bureau of Labor Statistics, Vanguard, Fed, Administration, Children, Families, Nationwide, Century, CNN Locations: Minneapolis, United States

☆ Gas prices could fall to $3.25 by Halloween as oil plunges
▼ + stars: | 2023-10-05 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —After spiking to alarming levels just last week, oil prices are suddenly in free-fall mode. US oil prices plunged by 5.6% to $84.22 a barrel on Wednesday, marking the biggest one-day decline in a year. Now, gas prices are already starting to retreat and experts predict sharper drops to come. That’s 11 cents below the 2023 peak set last month when gas prices experienced an unusual post-Labor Day jump. Boom to bustSo why did oil prices go from spiking to plunging?

Persons: Andy Lipow, Tom Kloza, Kloza, ” Kloza, “, Joe Brusuelas, ”, Matt Smith, ” Smith, There’s Organizations: New, New York CNN, AAA, Labor, Lipow Oil Associates, CNN, Oil Price Information Service, “, Federal Reserve, RSM, Fed, Saudi, Americas Locations: New York, Saudi Arabia, Kpler, Ukraine

All thanks to Justin Fields and DJ Moore being perfectly in tune. Fields and Moore connected eight times for 230 yards and three touchdowns to give the embattled Bears their first win of the season, beating the Washington Commanders 40-20 Thursday night, hours after word emerged of the death of franchise great Dick Butkus. “We just needed a win, get the mojo going in our favor,” Moore said. All the off-field drama the organization has been mired in for weeks melted away in the moments of celebration. “That’s on me.”LONG DISTANCEChicago got its four longest plays of the season: 58-, 39-yard and 56-yard completions from Fields to Moore and a 34-yard run by Khalil Herbert.

Persons: Justin Fields, DJ Moore, Moore, Dick Butkus, “, ” Moore, ” Fields, Fields, Ron Rivera, LeBron James, Butkus, Sam Howell, ”, Greg Stroman, Howell, Logan Thomas fumbling, Joey Slye, ” Rivera, Khalil Herbert . Three, Linebacker Tremaine Edmunds, Lucas Patrick, Roschon Johnson, Brown, Travis Homer, Jeremy Reaves, Christian Holmes, John Ridgeway, ___ Organizations: Chicago Bears, Bears, Washington, of Fame, Denver, FedEx, Chicago, Equanimeous, UP, Minnesota Vikings, Atlanta Falcons Locations: LANDOVER, Md, Chicago, Washington

[1/7] Hans Ellegren (centre), Permanent Secretary of the Royal Swedish Academy of Sciences, announces the winners of the 2023 Nobel Prize in Chemistry during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, October 4, 2023. The more than century-old prize is awarded by the Royal Swedish Academy of Sciences and is worth 11 million Swedish crowns ($1 million). Earlier on Wednesday, the academy appeared to have inadvertently published the names of the three scientists before the official announcement. In 1993, Bawendi revolutionised the production of quantum dots, made up of clusters ranging from a few hundred to a few thousand atoms. The third of this year's crop of awards, the chemistry Nobel follows those for medicine and physics announced earlier this week.

Persons: Hans Ellegren, Moungi Bawendi, Louis Brus, Alexei Ekimov, Bawendi, Johan Aqvist, that's, Ekimov, Brus, Alfred Nobel, Albert Einstein, Ernest Rutherford, Marie Curie, Carolyn Bertozzi, Morten Meldal, Barry Sharpless, Niklas Pollard, Simon Johnson, Johan Ahlander, Ludwig Burger, Terje Solsvik, Anna Ringstrom, Alexandra Hudson Organizations: Royal Swedish Academy of Sciences, Chemistry, Massachusetts Institute of Technology, MIT, Columbia University, Nanocrystals Technology, AT, Bell Labs, U.S, Vavilov, Optical Institute, Nanocrystals Technology Inc, Alexandra Hudson Our, Thomson Locations: Stockholm, Sweden, STOCKHOLM, United States, Paris, France, Tunisia, Soviet Union, Swedish, Frankfurt, Oslo

☆ Nobel Chemistry prize awarded for discovery of quantum dots used in LED lights
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: +2 min

Earlier on Wednesday, the academy appeared to have inadvertently published the names of the three scientists it said had won this year's Nobel Prize in chemistry. Nanoparticles and quantum dots are used in LED-lights and TV-screens and can also be used to guide surgeons while removing cancer tissue. Scientists Moungi Bawendi, Louis Brus and Alexei Ekimov won the 2023 Nobel Prize in Chemistry for "the discovery and synthesis of quantum dots," the award-giving body said on Wednesday. The third of this year's crop of awards, the chemistry Nobel follows those for medicine and physics announced earlier this week. While the chemistry awards are sometimes overshadowed by the physics prize and its famous winners such as Albert Einstein, chemistry laureates include many scientific greats, including radioactivity pioneer Ernest Rutherford and Marie Curie, who also won the physics prize.

Persons: Moungi, Louis Brus, Alexei Ekimov, Moungi Bawendi, Bawendi, Brus, Ekimov, Alfred Nobel, Albert Einstein, Ernest Rutherford, Marie Curie, Carolyn Bertozzi, Morten Meldal, Barry Sharpless Organizations: Royal Swedish Academy of Sciences, Massachusetts Institute of Technology, MIT, Columbia University, Nanocrystals Technology, AT, Bell Labs, U.S, Vavilov, Optical Institute, Nanocrystals Technology Inc Locations: Russian, Stockholm, Paris, France, Tunisia, Soviet Union, United States, Swedish

Pro Picks is a weekly column where AP Pro Football Writer Rob Maaddi shares his picks for upcoming games. For all previous Pro Picks, head here. ___Pushing the NFC champions to overtime is only a positive step if the Washington Commanders beat a team that’s lost 14 straight. Pro Picks likes Washington but expects a close game. Against spread: 2-2.

Persons: Rob Maaddi, that’s, Sam Howell, they’ve, Justin Fields, couldn’t, Howell, he’s, FanDuel, Matthew Stafford, Cooper Kupp, Zach Wilson’s, Nathaniel Hackett, Sean Payton, Russell Wilson, They’ve, Desmond Ridder, Bijan Robinson, Bryce Young, Derrick Henry, Jonathan Taylor, QB Anthony Richardson, Tua Tagovailoa, Lamar Jackson, Kenny Pickett, Bill Belichick, haven’t, Derek Carr, Joe Burrow’s, Patrick Mahomes, Kirk Cousins, Davante Adams, Jimmy Garoppolo, Jordan Love, ___ Organizations: AP Pro Football, Washington Commanders, Bills, Eagles, Bears, ANGELES RAMS, Rams, BEST BET, EAGLES, YORK JETS, DENVER Line, Broncos, Jets, Super Bowl, JETS, JACKSONVILLE AT BUFFALO, Dolphins, Jaguars, HOUSTON, ATLANTA Line, Texans, Falcons, Houston . Falcons, DETROIT, Lions, Panthers, LIONS, TENNESSEE AT INDIANAPOLIS, Titans, Colts, GIANTS, MIAMI Line, AFC East, Giants, BALTIMORE AT PITTSBURGH, Ravens, Steelers, Houston, ORLEANS, ENGLAND, Patriots, Dallas, Buccaneers, PATRIOTS, CINCINNATI AT ARIZONA Line, Bengals, Cardinals, BENGALS, KANSAS CITY, MINNESOTA Line, Chiefs, Vikings, CHIEFS, DALLAS, FRANCISCO, Cowboys, 49ers, NFC, 49ERS, VEGAS, Packers, Raiders, RAIDERS Locations: Chicago, PHILADELPHIA, London, Stroud, CAROLINA, Buffalo, KANSAS, Adams

☆ MLB roundup: Twins snap historic playoff losing streak
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +3 min

Twins right-hander Pablo Lopez (1-0) limited the Blue Jays to one run on five hits in 5 2/3 innings. Blue Jays right-hander Kevin Gausman (0-1) labored through four innings before giving way to the bullpen. Rays starter Tyler Glasnow (0-1) gave up four runs (three earned) on six hits with five walks in five-plus innings. Miami starter Jesus Luzardo (0-1) lasted four innings, allowing eight hits and three runs with five strikeouts and no walks. Six Arizona relievers preserved the victory by combining for 6 1/3 scoreless innings after rookie Brandon Pfaadt allowed three runs on seven hits in 2 2/3 innings.

Persons: Royce Lewis, Jesse Johnson, Pablo Lopez, Kevin Gausman, Lewis, Evan Longoria, Gary Gaetti, Jordan Montgomery, Corey Seager, Evan Carter, Tyler Glasnow, Randy Arozarena, Zack Wheeler, Alec Bohm, Bryson Stott, Cristian Pache, Trea Turner, Nick Castellanos, Wheeler, Jesus Luzardo, Corbin Burnes, Corbin Carroll, Ketel Marte, Gabriel Moreno, Brandon Pfaadt, Joe Mantiply, Paul Sewald Organizations: Minnesota Twins, Toronto Blue Jays, Target, USA, American League, Minnesota, New York Yankees, Twins, Blue Jays, Tampa Bay Rays, Rangers, Rays, Tampa Bay, Phillies, Marlins, Philadelphia, Miami, National League, Diamondbacks, Brewers, Arizona, Milwaukee, NL, Six Arizona, bullpen, Thomson Locations: Minneapolis , Minnesota, USA, Minneapolis, American, Texas, Tampa, St . Petersburg, Fla, Montgomery, Arizona, Six

☆ Job listings on LinkedIn that mention AI have more than doubled in the past 2 years and applications are flying in, the social platform says
▼ + stars: | 2023-10-04 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Job postings on LinkedIn that mention AI or generative AI have increased significantly since 2021. Overall, job seekers are keen to snap up these roles because some pay over $100,000. AdvertisementAdvertisementThe number of jobs postings on LinkedIn that mention AI or require AI skills have increased significantly since 2021 and jobs seekers are keen to snap up these jobs, new LinkedIn data shows. These changes are already showing up as job postings that mention AI or generative AI have more than doubled globally in the past two years, per LinkedIn's data. There's been a rapid increase in interest around AI skills in the past year since the launch of OpenAI's chatbot ChatGPT in November 2022.

Persons: —, There's, ChatGPT Organizations: Service, LinkedIn, Global Locations: Canada

☆ Matt Gaetz says that if the Democratic Party wants to adopt Kevin McCarthy, they can
▼ + stars: | 2023-10-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Rep. Matt Gaetz says the Democratic Party can adopt House Speaker Kevin McCarthy if they so wish. "If the Democrats want to own Kevin McCarthy, they can have him," Gaetz told the media on Monday. AdvertisementAdvertisementRep. Matt Gaetz says the Democratic Party is welcome to adopt Kevin McCarthy if they want to. "If the Democrats want to own Kevin McCarthy, they can have him," Gaetz told journalists on Monday night after filing his motion to remove McCarthy. "Because one thing I'm at peace with is when we stand here a week from now, I won't own Kevin McCarthy anymore.

Persons: Matt Gaetz, Kevin McCarthy, Gaetz, McCarthy, —, GOP holdouts Organizations: Democratic Party, Service, Florida Republican, GOP, Gaetz Locations: Florida

☆ Netflix replaces top ad exec after one year in surprise shakeup, putting a company insider in charge of the growing business
▼ + stars: | 2023-10-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Netflix replaced its top advertising executive, Jeremi Gorman, after just a year, in a surprise shakeup of its nascent ads business. Insiders said they believed the choice of Reinhard to replace Gorman was a move designed to help sell the advertising business internally. But she's been with the company since 2016 and is known as a level-headed exec who understands the Netflix culture well. This summer, the company eliminated its lowest-priced ad-free tier to incentivize customers to sign up for the ads tier. We've built a world-class team and laid the foundations needed to create a forever ads business."

Persons: Jeremi Gorman, Gorman, Peter Naylor —, Amy Reinhard, Naylor, Reinhard, Greg Peters, Eunice Kim, Elizabeth Stone, she's, She's, they've, We've, Spencer Neumann, Peters Organizations: Netflix, Microsoft, Yahoo

☆ Elon Musk’s X is a black hole of value
▼ + stars: | 2023-10-03 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

NEW YORK, Oct 3 (Reuters Breakingviews) - X is still worth something, but not for the people running it. loadingDespite Musk’s big pronouncements about pushing into subscriptions, X has historically relied on advertising, which contributed over 90% of revenue when it was a public company. Put it all together, and X isn’t just worth less than Musk paid for it, but likely less than its debt. Put that on the same enterprise-value-to-sales multiple as Snap, which is down to a mere 3 times, and X is worth around $8 billion. Like a financial black hole, X threatens to consume most of whatever value it once had.

Persons: Boss Linda Yaccarino, Morgan Stanley, Musk’s, Musk, ByteDance, X, Linda Yaccarino, Elon Musk, Jonathan Guilford, Sharon Lam Organizations: Reuters, Financial Times, Elon Musk’s, Comcast, Linda, Thomson

☆ Stone: Earnings will likely finally snap three consecutive quarters of declines
▼ + stars: | 2023-10-02 | 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 EmailStone: Earnings will likely finally snap three consecutive quarters of declinesBill Stone, Chief Investment Officer of The Glenview Trust Company, discusses the markets going in Q4.

Persons: Bill Stone Organizations: Glenview Trust Company

Frustrated fans booed in disgust, knowing the game just turned on a questionable call. The Jets, who erased a 17-0 deficit, thought they had a chance to tie or win — until they didn't. Political Cartoons View All 1190 Images“I'm not going to comment on that,” Saleh said when asked about the call after the game. “The receiver ran into me, there was a collision — the same thing that was happening all game,” Gardner said. I don't even know what to say.”The Chiefs' third-and-20 from the Jets 40 turned into first-and-10 from the 35.

Persons: —, Robert Saleh, Michael Carter, Patrick Mahomes, Marquez Valdes, Sauce Gardner, Mahomes, Saleh, ” Saleh, Gardner, Valdes, ” Gardner, “, Pat, Carter, Andy Reid, “ I’ve, Zach Wilson, Tershawn Wharton, ” Wilson, Allen Lazard, Wilson, Pro Football Hall of Famer Joe Namath —, Aaron Rodgers, Achilles, Rodgers, Woody Johnson, ”, it’s, It’s Organizations: New York Jets, Kansas City Chiefs, The Jets, Chiefs, Jets, Kansas City, ” Chiefs, ” Jets, New, Pro Football Hall of Famer, Super Bowl Locations: RUTHERFORD, N.J, Mahomes, New England

☆ Another government shutdown is looming. Here's what needs to happen so Americans don't face the consequences.
▼ + stars: | 2023-10-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

It will continue funding until November 17, at which point another bill is needed to avert a shutdown. The short-term resolution did not include Ukraine aid, a funding sticking point. "They said they were going to support Ukraine in a separate vote. By a vote of 335 to 91 — with 209 Democrats and 126 Republicans voting in favor — the short-term bill passed Congress. Illinois Rep. Mike Quigley, the only Democrat who voted against the resolution, said he did so because it did not include Ukraine funding.

Persons: —, Democratic Sen, Michael Bennet, Bennet, Biden, Mike Quigley, Putin, Jeanne Shaheen, Kevin McCarthy's, McCarthy, Matt Gaetz, Gaetz Organizations: Service, Federal Aviation Administration, Republicans, Democratic, Ukraine, SNAP, Social Security, Medicare, Lawmakers, Illinois, Politico, GOP, CNN Locations: Ukraine, Congress

☆ Matt Gaetz seeks to oust Kevin McCarthy as House speaker
▼ + stars: | 2023-10-02 | by ( Erin Snodgrass | Azmi Haroun | ) www.businessinsider.com time to read: +3 min

Rep. Matt Gaetz introduced a motion to vacate against House Speaker Kevin McCarthy on Monday. AdvertisementAdvertisementRep. Matt Gaetz of Florida on Monday introduced a motion to remove Rep. Kevin McCarthy of California as speaker of the House amid a broiling intraparty feud among congressional Republicans. AdvertisementAdvertisementThe feud between Gaetz and McCarthy has been building since McCarthy's election to the position in January, which took 15 painstaking votes amid heavy resistance from Gaetz and other GOP members. The speaker's fate could also be determined by Democrats, whose votes helped McCarthy pass a stop-gap spending bill to avert a government shutdown over the weekend. AdvertisementAdvertisementAccording to NBC, some Democrats are looking for political concessions from McCarthy, and it's unclear whether McCarthy has already started courting Democrats for their votes.

Persons: Matt Gaetz, Kevin McCarthy, —, Kevin McCarthy of, Gaetz, McCarthy, Biden, Congress hasn't, Katherine Clark Organizations: Service, Democratic, Congress, GOP, NBC Locations: Florida, Kevin McCarthy of California

Tershawn Wharton recovered the loose ball and Mahomes and the Chiefs got it at the Jets 47. Michael Carter II intercepted Mahomes on third-and-20 from the Jets 40 — but it was negated by a holding call on Sauce Gardner. Mahomes, who became the fastest to 200 NFL touchdown passes, was 18 of 30 for 203 yards and a touchdown. Wilson found Allen Lazard in the middle of the end zone for a 10-yard touchdown pass. Uzomah in the top right corner of the end zone for a 1-yard TD to cut the Jets' deficit to 17-12 with 6:26 left in the half.

Persons: — Patrick Mahomes, Mahomes, Taylor Swift, Travis Kelce, Harrison, Zach Wilson, Tershawn Wharton, Michael Carter, Gardner, Robert Saleh, Saleh, Isiah Pacheco, Kelce, Wilson, Aaron Rodgers, Allen Lazard, Rodgers, Achilles, Woody Johnson —, Pacheco, Micheal Clemons, Dan Marino’s, Noah Gray, Marino, Jawaan Taylor, Bryce Huff, Tyler Conklin, Greg Zuerlein, Ashtyn Davis, Gray, Randall Cobb, Xavier Gipson, Joe Klecko, Klecko, LB Cole Christiansen, didn't, CB Brandin Echols, ___ Organizations: Kansas City, New York Jets, Chiefs, MetLife, Jets, NFL, New, Dan Marino’s NFL, Miami, The Jets, Kansas, Pro Football Hall, Fame, of Fame, Exchange, CB, NEXT Chiefs, Minnesota, Sunday . Jets, Denver Locations: RUTHERFORD, N.J, Kansas, New York, New, York, Uzomah, Canton , Ohio

“I do intend to file a motion to vacate against Speaker McCarthy this week. But now, knowing full well he’s likely to soon face a so-called motion to vacate vote, McCarthy is taking his detractors head-on – and in increasingly combative terms. If the Senate bill advanced, McCarthy would have a harder time arguing his bill was the solution. 3 Senate Republican, opposed the Senate bill, breaking with McConnell, according to a source familiar with the matter. But that wasn’t enough to convince House Democrats to oppose the funding bill with a shutdown looming.

Persons: Kevin McCarthy didn’t, Bryan Steil, Steil, Mike Lawler, Marc Molinaro, Nick LaLota –, McCarthy, ”, Matt Gaetz, CNN’s Jake Tapper, “, ” Gaetz, McCarthy’s, it’s, ” McCarthy, –, Gaetz, Kevin McCarthy, Tom Cole, Tom Emmer, wouldn’t, chomping, ” Steil, Steve Womack, Ralph Norman of, “ I’m, Norman, “ We’ve, Andy Biggs, ” Biggs, Kevin, Don Bacon, Sen, Markwayne Mullin, Mullin, John Thune, Mitch McConnell, McCarthy chatted, Thune, John Barrasso of, McConnell, Hakeem Jeffries, ’, Democratic appropriators, Jamaal Bowman, Democrats ’, Mike Quigley, Congressional Ukraine Caucus –, Putin, ” Quigley, Shuwanza Goff, Steve Ricchetti, Michael Bennet of Colorado, Joe Biden’s, Biden Organizations: CNN, Republican, GOP, Rep, Wisconsin Republican, New York Republicans, Democratic, Florida, Union ”, Democrats, House Democrats, Republicans, Leadership, Border Patrol, Arkansas GOP, Arizona Republican, Nebraska Republican, Senate, White, Ukraine, Cannon, New York Democrat, House, Congressional Ukraine Caucus Locations: ”, Wisconsin, “ State, Ukraine, Arkansas, Ralph Norman of South Carolina, Arizona, Nebraska, Oklahoma, Thune, John Barrasso of Wyoming

From mobile banking and online bill pay to direct deposit and digital payment apps, the waves of cashless options seem to swell by the day leaving a steep learning curve in their wake. Digital payment apps are the new norm for teensI talked to Ruben Salazar Genovez, global head of Visa Direct, about the survey. According to the survey, digital payment apps like Venmo, PayPal, and Zelle are the second most popular form of payment, trailing behind cash, for transactions between parents and teens. As digital payment apps gain steam, that means financial literacy is more important than ever. Payment apps are creating new avenues for fraudEmerging technologies have given rise to new forms of fraud, and digital payment apps are no exception.

Persons: Xer, Ruben Salazar Genovez, I've, Genovez, it's Organizations: Visa, PayPal, Monopoly, Football, Banking

☆ MLB roundup: Astros, D-backs punch tickets to postseason
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +10 min

Verlander (13-8) allowed two hits in five scoreless innings, while Kelly (12-8) went seven innings and allowed five hits and one run. Marlins 7, Pirates 3Jazz Chisholm Jr. homered and added an RBI single for visiting Miami, which beat Pittsburgh to clinch an NL wild-card spot. Josh Bell added a two-run double and sacrifice fly, and Bryan De La Cruz an RBI single for the Marlins. Endy Rodriguez and Bryan Reynolds each hit an RBI single for the Pirates. Joey Meneses followed with an RBI single and scored on Luis Garcia's double.

Persons: Miami Marlins Luis Arraez, Xavier Edwards, Jazz Chisholm, Charles, Saturday's, Houston's Justin Verlander, Arizona's Merrill Kelly, Verlander, Phil Maton, Kelly, Jose Abreu, Chisholm, Josh Bell, Bryan De La Cruz, Endy Rodriguez, Bryan Reynolds, Andrew Heaney, Jonah Heim, Eugenio Suarez, Spencer Strider, Marcell Ozuna, John Smoltz, Strider, CJ Abrams, Joey Meneses, Luis Garcia's, Andy Ibanez, Akil Baddoo, Carson Kelly, Miguel Cabrera's, Cabrera, Beau Brieske, Triston McKenzie, Taylor, Megill, Edmundo Sosa, Brandon Marsh, Weston Wilson, Brooks Raley, Adam Ottavino, Frankie Montas, Estevan Florial, Gleyber Torres, Yan Gomes, Gomes, Willy Adames, William Contreras, Blake Perkins, Carlos Santana, Michael Wacha, Profar, Ji Man Choi, Juan Soto, Lenyn Sosa, Anthony Santander's, Kyle Gibson, Bruce Zimmermann, Adam Duvall, Kutter Crawford, Lars Nootbaar, Jose Fermin, Louis, Jordan Walker, Ivan Herrera, Luken Baker, Masyn Winn, Noelvi Marte, Connor Phillips, Francisco Alvarez, Kyle Schwarber, Johan Rojas, Trevor Larnach, Edouard Julien, Matt Wallner, Max Kepler, Christian Vazquez, Chris Paddack, Brenton Doyle, Sean Bouchard, Elehuris Montero, Nolan Jones, Alan Trejo, Karl Kauffmann, Tristan Beck, Clayton Kershaw, Tyler Fitzgerald, Kai Correa, Max Muncy, Kershaw, Shea Langeliers, Joe Boyle, Zack Gelof, Boyle, Brandon Drury, Mike Moustakas Organizations: Miami Marlins, Pittsburgh Pirates, PNC Park, Miami, Astros, Diamondbacks, American League, Arizona, National League, Cincinnati Reds, St, Louis Cardinals, Marlins, Pirates, Pittsburgh, Rangers, Mariners, Texas, Seattle, Houston, Braves, Washington, Keibert, Tigers, Detroit, Guardians, AL, Blue Jays, Tampa Bay, Toronto, Rays, Mets, Phillies, NL, Yankees, Royals, New York, Kansas City, Cubs, Brewers, Chicago, Milwaukee, NL Central, Padres, White Sox, San, Orioles, Red Sox, Baltimore, Boston, Cardinals, Reds, Cincinnati, New, Philadelphia, Twins, Rockies, Minnesota clobbered, Minnesota, Colorado, Giants, Dodgers, San Francisco, Los, Athletics, Oakland, Los Angeles, Detroit Tigers, Thomson Locations: Pittsburgh , Pennsylvania, USA, Arizona, Houston, Phoenix . Houston, Texas, Cleveland, New York, Philadelphia, San Diego, Chicago, Cincinnati, Minnesota clobbered Colorado, Denver, Los Angeles, Los, Anaheim , Calif

☆ MLB roundup: J.P. Crawford belts slam as M's blast Rangers
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +10 min

Yandy Diaz hit a two-run homer for the Rays, who have clinched the first AL wild-card berth. It was a costly defeat for the Cubs, who have lost four in a row to see their National League wild-card hopes fade. Zach McKinstry blasted a two-run homer, Spencer Torkelson hit a solo homer and Parker Meadows contributed a two-run triple. Wilmer Flores had a solo homer and an RBI single for the Giants. Closer Josh Hader allowed a solo homer in the ninth but regrouped to earn his 33rd save.

Persons: J.P, Crawford, Steven Bisig, Ty France, Josh Rojas, Brock Burke, Trent Thornton, Nathan Eovaldi, Alejandro Kirk, Bo Bichette, Tampa Bay . Brandon Belt, Matt Chapman, Yusei Kikuchi, Yandy Diaz, Aaron Civale, Jose Abreu, Jose Urquidy, Alex Bregman, Gabriel Moreno, Zac Gallen, Carlos Santana, Blake Perkins, William Contreras, Caleb Boushley, Jose Cuas, Nick Pivetta, Garrett Whitlock, Whitlock, Trevor Story, Jordan Westburg's, Ryan Mountcastle's, Tyler Freeman, Bo Naylor, Brayan Rocchio, Cal Quantrill, Emmanuel Clase, Miguel Cabrera, Zach McKinstry, Spencer Torkelson, Parker Meadows, Ryan Jeffers, Max Kepler, Michael A, Taylor, Trevor Larnach, Kyle Farmer, Kody Funderburk, Alan Trejo, Brendan Rodgers, Elehuris Montero, Nolan Jones, Charlie Blackmon, Sean Bouchard, Josh Bell, Jake Burger, Jazz Chisholm, Huascar Brazoban, Tanner Scott, Endy Rodriguez, Colin Selby, Carter Kieboom, Dominic Smith, Lane Thomas, Keibert Ruiz, Jake Alu, Ozzie Albies, Forrest Wall, Martinez, Kai Correa, Gabe Kapler, Will Smith, Freddie Freeman, Lance Lynn, Wilmer Flores, Keaton Winn, Nick Martinez, Josh Hader, Trent Grisham, Xander Bogaerts, Yoan Moncada, Carlos Perez, Dylan, Nick Martini, Christian Encarnacion, Strand, Louis, Jonathan India, Tyler Stephenson socked, Spencer Steer, Noelvi Marte, Brandon Williamson, Carson Spiers, Carlos Rodon, Maikel Garcia, Salvador Perez, Perez, Kyle Isbel, Jordan Lyles, Aaron Judge, Austin Wells, Mickey Moniak, Davis Daniel, Connie Mack, Chase Silseth, Oakland's Ken Waldichuk Organizations: Seattle Mariners, Texas Rangers, Mobile, American League West, Mariners, Rangers, Houston Astros, Seattle, Blue Jays, Rays, Toronto, Tampa, American League, Astros, Diamondbacks, Arizona, Phoenix, Houston, AL West, National League, Miami, Brewers, Cubs, Milwaukee, Chicago, Red Sox, Orioles, Boston, Baltimore, American League East, Tigers, Cleveland, Detroit, Rockies, Minnesota, Colorado, The American League Central, Twins, Marlins, Pirates, Pittsburgh, League, Nationals, Braves, Washington, National League East, Minnesota Twins, Dodgers, Giants, San Francisco, Padres, White Sox, San Diego, Chicago . White Sox, Reds, Cardinals, Cincinnati, St, Miami Marlins, Royals, Yankees, Kansas City, New, Athletics, Los Angeles, Oakland, Philadelphia A's, of Fame, Angels, Thomson Locations: Seattle , Washington, USA, Texas, Tampa Bay . Brandon, Houston, Toronto, Detroit, Cleveland, Denver, Colorado, Miami, Atlanta, Angeles, San, San Diego, New York, pinstripes, Anaheim , Calif

"We're definitely seeing a bit of a soft open in the IPO market", said Lizzie Reed, global head of the ECM syndicate desk at Goldman Sachs. Arm and Instacart shares briefly fell below their issue price, suggesting there is still some way before the IPO market fully recovers. Medical glass producer Schott Pharma (1SXP.F) debuted on the Frankfurt Stock Exchange on Thursday, with shares closing 16% above the IPO price. Klaviyo's shares are now trading at a 21% premium to their IPO price. "For the IPO market to open more broadly in the first quarter in 2024 ... we need the 2023 IPO cohort to continue to perform well," said Josh Weismer, head of U.S. ECM, Mizuho Americas.

Persons: Lizzie Reed, Goldman Sachs, IPOs, Robert Stowe ,, Suneel Hargunani, Schott, ThyssenKrupp, Hidrolectrica, Ross Devor, ”, Samir A, Gandhi, Stephane Gruffat, SoftBank, Josh Weismer, Echo Wang, Pablo Mayo, Anousha Sakoui, David Holmes Organizations: Bankers, ECM, Arm Holdings, Barclays, Citigroup, Schott Pharma, Frankfurt Stock Exchange, Thoma Bravo, Deutsche Bank, Nvidia, Apple, Qatar Investment Authority, U.S, Mizuho, Pablo Mayo Cerqueiro, Thomson Locations: United States, Europe, British, New York, U.S, IPOs, East, Africa, Romanian, Qatar, Mizuho Americas, London

☆ Yen intervention a hard sell even as 150 to the dollar 'red line' beckons
▼ + stars: | 2023-09-29 | by ( Kevin Buckland | ) www.reuters.com time to read: +6 min

But, Japanese authorities could find propping up their currency both difficult to achieve and hard to justify. To make even a ripple in the $5 trillion currency market, the BOJ would need to draw down massive amounts of dollar reserves. Wakabayashi, like many other analysts and investors, considers the 150 yen per dollar level a red line for currency intervention, not least because of its significance as a symbol of climbing costs of living from imported food and fuel. INTERVENTION IMMINENTThe yen careened to a 32-year trough at 151.94 last October before being reined in by several bouts of heavy intervention, the first by Japanese authorities in a generation. Measures of expected market volatility remain subdued.

Persons: Kim Kyung, Bank of Japan's hesitancy, Kazuo Ueda, You've, they're, Bart Wakabayashi, Fumio Kishida, Shunichi Suzuki, Masayuki Kichikawa, Ray Attrill, Janet Yellen, Aninda Mitra, Mitra, Kevin Buckland, Alun John, Vidya Ranganathan, Simon Cameron, Moore Organizations: National Printing Bureau, Bank of Japan, REUTERS, Rights, Bank of Japan's, U.S . Federal Reserve, U.S, Treasury, Fed, State Street Bank, Trust, Finance, Sumitomo Mitsui DS Asset Management, Ministry of Finance, National Australia Bank, BNY Mellon Investment Management, Thomson Locations: Tokyo, Japan, U.S, Washington, Asia, London

☆ Opinion: Government shutdown means Congress gets paid while most federal workers don’t
▼ + stars: | 2023-09-29 | by ( Cristian Arroyo-Santiago | Opinion Rob Rosenthal | ) edition.cnn.com time to read: +6 min

The great majority of our almost 4 million federal employees would be furloughed without pay. But strikingly, one group of federal employees would not stop receiving their paychecks: members of Congress. Article I, Section 6 of the Constitution requires that members of Congress be paid while in office. What would it mean if those members of Congress who forced a shutdown of the government faced the same economic consequences as the average AFGE employee? The division between making the plan and living the plan is not inevitable or universal.

Persons: Rob Rosenthal, John E, Andrus, ” Everett Kelley, AFGE, ”, Nassim Nicholas Taleb, Volodymyr Zelensky, Pell, aren’t Organizations: Wesleyan University, CNN, Transportation Security Administration, TSA, Federal Drug Administration, Occupational Health, Safety Administration, Environmental, Agency, Parks, SNAP, WIC, American Federation of Government Employees, Pew Research Center Locations: Russian, Ukraine, Kyiv, America

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