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☆ A mom who's been traveling with her kids for 19 years says these are the top hidden-gem destinations for families
▼ + stars: | 2024-09-12 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

Swap out a trip to Hawaii for the French Polynesian island of Mo'orea. The Better Beyond"Hawaii gets so much hype, and I think Hawaii's beautiful, don't get me wrong. For example, two years ago, Cannon's family flew to Tahiti and took a ferry to the French Polynesian island of Mo'orea. "It has, to me, similar things that Hawaii has," Cannon said of Mo'orea. It's just an absolutely beautiful experience that is way less expensive than going to Hawaii these days."

Persons: Maui, Cannon, it's Organizations: Bora Bora Locations: Hawaii, Mo'orea, Moorea, Tahiti, Polynesia, Bora

☆ CNBC's Inside India newsletter: What happens when the Fed cuts rates?
▼ + stars: | 2024-09-12 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Historically, a rate cut has been a signal for central banks in emerging markets, like India, to follow by easing monetary policy in their regions. The latest data shows that the inflation rate appears to be heading in the wrong direction in India. The headline inflation rate rose in August to 3.65% compared to 3.6% in the previous month. Instead, markets have simply hit snooze on a rate cut by the Reserve Bank of India for the moment. If there's no global recession, a risk-on sentiment will likely help push up emerging market equities in the medium term after the U.S. central bank cuts rates.

Persons: Shah, Mahesh Nandurkar, Surendra Goyal, CNBC's, BofA, Banks Organizations: Federal, Reserve Bank of India, Reserve Bank, Capital Economics, India, greenback, Federal Reserve, Jefferies, Bank of America, Citi, India Research, Bank Locations: India, U.S

The bank raised its price target on MercadoLibre Thursday to $2,500 from $2,225, suggesting 22% upside from Wednesday's close. The bank increased its price target to $230 from $200, implying nearly 16% upside from Wednesday's close. Supino also lifted the firm's price target to $93 a share, reflecting about 33% upside from Wednesday's close. Analyst Adam Berlin lowered his 12-month price target to $29 from $34, implying 6% downside. The investment firm's price target of $159 implies more than 2% downside from Wednesday's close.

Persons: Robert Ford Aguilar, — Michelle Fox, Wells, Wells Fargo, Eric Luebchow, Luebchow, Lisa Kailai Han, Sean Conlon, Wolfe, Peter Supino, Supino, Samantha Subin, BofA, George Staphos, a.m, Adam Berlin, Berlin, IPG, — Sean Conlon, Bernstein, Mark Moerdler, — Lisa Kailai Han, Stifel, Simon Yarmak, Andrea Pistacchi, Brandt Montour, it's, Montour, Fred Imbert Organizations: CNBC, Barclays, Bank of America, Diageo, Mercado, Mobile, Sprint, Wolfe Research, UBS downgrades, UBS, billings, GM, Pfizer, Oracle, Simon Property, Property Group, SPG, U.S, New York Stock Exchange Locations: Brazil, Mercado Pago, Wells Fargo, Wells, Roku, Berlin, America, U.S

☆ I'm a former divorce attorney. I was shocked at how much grief I felt after my friends got divorced.
▼ + stars: | 2024-09-12 | by ( Kelsey Eisen | ) www.businessinsider.com time to read: +5 min

Related stories"I think it's very understandable to feel grief while experiencing a friend's divorce," Hui told Business Insider. With divorce or separation, the members may have to renegotiate their relationship not only to the partner that is separating but to the partner's friends or family," Hui said. A friend's split can make us "think of our own relationship to divorce, changes, and endings in relationships" and bring up feelings of loss, sadness, anger, or betrayal. AdvertisementI was able to move forwardTaking Hui's advice, I ruminated on what exactly this divorce was bringing up for me. AdvertisementOur friend group has rallied around our friend and each other, creating a new chosen family built on honesty, empathy, and support.

Persons: —, I'm, Cassandra, Troy, They're, shamefully, Aaron Hui, Hui, it's Organizations: Service, Business

Former President Donald Trump repeated again and again debunked rumors related to Venezuelan gangs in a Colorado town during Tuesday night’s presidential debate. But the property management company that owns the buildings blamed a Venezuelan gang for the rundown conditions. Aurora police haven’t yet determined whether the men in the video belong to a Venezuelan gang, KUSA reported. Protesters at a City Council meeting Monday object to what they say is the politicizing and exaggeration of an alleged Venezuelan gang problem in Aurora. “Voters can avoid having their votes co-opted by falsehoods by being aware of this trend and taking a few simple steps to confirm whether the claims they’re seeing are true.”

Persons: Donald Trump, Trump, —, “, ” Trump, frankensteining, Roberta Braga, Tren, ” Braga, what’s, ” Carlos Ordosgoitti, “ I’m, Juan Carlos Jimenez, David Zalubowski, KUSA, Mike Coffman, Mike Johnston, Coffman, Greg Abbott, ” Christina Veiga Organizations: Trump, News Literacy, Digital Democracy Institute of, NBC News, Residents, NBC, Denver Gazette, Aurora, Denver, ”, Hells Angels, Angels ’, Meta, University of Washington’s Center, KUSA, Republican, Texas Gov, Protesters, Aurora . Tri Duong / Sentinel Colorado, “ Locations: Colorado, Venezuelan, Aurora , Colorado, Aurora, Philadelphia, Americas, Aragua, U.S, Venezuela, Denver, Spanish, Colo, Brazil, “, Angels ’ Colorado, Tren, Chicago, Aurora . Tri

CNN —Pressure is building on President Joe Biden, including from within his own party, to loosen the restrictions on Ukraine’s use of US-provided weapons to strike deep inside Russia. On Tuesday, the bipartisan congressional Ukraine caucus called on Biden to allow Ukraine to strike targets inside Russia with the long-range weapons. A group of key House Republican also urged Biden to ease the restrictions in a letter on Monday. On Tuesday, asked if the US will lift the restrictions, Biden answered, “we’re working that out right now.”Two US officials later told CNN that the Biden administration is not anticipating any policy changes when it comes to lifting restrictions. Asked about Trump’s comments, Sybiha, the Ukrainian foreign minister, also downplayed them.

Persons: Joe Biden, Democratic Sen, Jeanne Shaheen, Biden, Ben Cardin, Vladimir Putin’s, ”, Cardin, Antony Blinken, Volodymyr Zelensky, David Lammy, Leon Neal, Zelensky, Blinken, “, we’ll, ” Blinken, Andrii Sybiha, it’s, We’ve, Putin, Donald Trump, we’re Organizations: CNN, Democratic, Wednesday, Biden Administration, Ukrainian Armed Forces, New Hampshire Democrat, Foreign Relations, Committee, Armed Services Committee, Republicans, ” Democratic, Maryland Democrat, British, Getty, Kyiv Wednesday, Ukrainian, Biden, Republican, Ukraine Locations: Russia, Ukraine, ”, U.S, United States, Maryland, Kyiv, Ukrainian, Eastern Poland, Iranian, Iran, Washington, American, United States of America

☆ Harris bests Trump in debate, but there’s no guarantee it will shape the election
▼ + stars: | 2024-09-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +17 min

Harris and Trump didn't interact after the debate ended Saul Loeb/AFP/Getty Images Trump speaks during the debate. Chip Somodevilla/Getty Images Trump supporter Pat Tuttle watches the debate from Jonathan's Grille in Nashville, Tennessee. Saul Loeb/AFP/Getty Images Harris averages 49% support across recent polls while Trump stands at 48% in the latest CNN Poll of Polls . Matthew Hatcher/AFP/Getty Images Trump and Harris shake hands at the start of the debate. Harris introduced herself by name and said, “Let’s have a good debate.” Trump responded: “Nice to see you.

Persons: Donald Trump, Kamala Harris, strode, Harris, Trump, Mike Tyson’s, ”, didn’t, Joe Biden, David Muir, Linsey Davis, Michael Le Brecht, Sean Hannity, CNN's Kaitlan Collins, Collins, Chip Somodevilla, Douglas Emhoff, Saul Loeb, Alex Brandon, Pat Tuttle, George Walker IV, Sen, John McCain, Tristen Rouse, CNN Trump, Win McNamee, Adam Gray, Doug Mills, CNN Harris, peppering, Sheena Carey, Morry Gash, he’d, “, ” Trump, Christine Rogers, Matthew Hatcher, ” Saul Loeb, Roberto Schmidt, Andrew Thomas, Robert F, Kennedy Jr, Kennedy, Jim Lo Scalzo, Anthony Scaramucci, Olivia Troye, Matt Rourke, Hannah Beier, Lilly, Evelyn Hockstein, Matt Slocum, Kenny Holston, don’t, George W, Bush, it’s, they’ve, There’s, Biden, Taylor Swift, Tim Walz, Harris didn’t, unaccountably, JD Vance, Barack Obama’s, she’s, Viktor Orban, Trump’s, hadn’t, Vladimir Putin, “ You’re, you’re Organizations: CNN, ABC News Trump, Fox News, National Constitution Center, Getty, Trump, Pennsylvania Convention Center, Images, Affordable, People, Nasdaq, New York Times, Bloomberg, AP, AP Trump, Philadelphia International Airport, AFP, Philadelphia City Hall, Former Trump, Reuters, ABC, Force, White, Central, Five, Biden Locations: America, Philadelphia, Pennsylvania, Nashville , Tennessee, Washington ,, New York, Milwaukee, United States, AFP, Afghanistan, –, Hungarian, Ukraine, Russia

☆ Elon Musk took a jab at Taylor Swift after she endorsed Kamala Harris — and now China's Swifties are up in arms
▼ + stars: | 2024-09-11 | by ( Cheryl Teh | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Taylor Swift , post-debate, issued a ringing endorsement of Harris on Instagram. "What a ridiculous joke," read a top comment from a Taylor Swift fan blog based in Jiangsu. You don't have even the slightest bit of respect for women," read a post from another Taylor Swift blog based out of Tianjin. "You've always been so, so warm and supportive," Swift told her Chinese fans during the performance. Musk and representatives for Swift did not immediately respond to Business Insider's requests for comment sent outside regular business hours.

Persons: —, Elon Musk, China's, Kamala Harris, Donald Trump, Taylor Swift, Harris, Sen, JD Vance, Trump's, Taylor, Musk, China's Swifties, Swift, You've, Ma Organizations: Service, Business, SpaceX, Swift, Weibo Locations: Instagram, Jiangsu, Tianjin, China

☆ Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
▼ + stars: | 2024-09-11 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

CNBCWarren Buffett's Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7 billion since mid-July and reducing its stake to 11%. The latest action extended Berkshire's selling streak to 12 consecutive sessions, matching the 12 consecutive sessions from July 17 to Aug. 1. Berkshire has sold more than 174.7 million shares of the Charlotte-based bank for $7.2 billion, with 858.2 million shares remaining, or 11.1% of shares outstanding. BofA CEO Brian Moynihan made a rare comment about Berkshire's sales Tuesday, saying he has no knowledge of Buffett's motivation for selling. Stock Chart Icon Stock chart icon Bank of America

Persons: Warren Buffett, Berkshire Hathaway, BofA, Moynihan, Buffett Buffett, Brian Moynihan Organizations: Berkshire, CNBC Warren, of America, Apple, American Express, Oracle, Barclays Global Financial Services, Bank of America Locations: Omaha , Nebraska, Omaha, Berkshire, Charlotte, BofA

☆ 88% of Asian Americans in California plan to vote but half aren’t being contacted, they say
▼ + stars: | 2024-09-10 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +4 min

The group released the survey last week with two nonprofit organizations, Asian Americans and Pacific Islanders for Civic Empowerment Education Fund and Asian American Futures. The survey authors interviewed 1,253 Asian Americans across six of the largest Asian ethnic groups in California. Ramakrishnan said the results are relatively consistent with Asian American voters in the past. Still, there continues to be a misconception that appealing to Asian Americans, which often requires multilingual outreach, is too expensive, Ramakrishnan said. But hiring more Asian Americans on campaigns could help solve that issue.

Persons: ”, Karthick Ramakrishnan, Nina Raneses, ” Raneses, Harris, Walz, ” Ramakrishnan, Ramakrishnan, Dave Min, Republican Scott Baugh Organizations: Democratic, Republican, Asian American, Pacific Islanders, Civic Empowerment Education Fund, American Futures, American, Democratic Party, Republican Party, NBC News, Democratic National, Pacific, DNC, California Asian, Asian, Congressional Locations: California, U.S, Americans, Southern California, Central Valley

☆ Chester Bennington's son slams Linkin Park for replacing his late father with Emily Armstrong
▼ + stars: | 2024-09-10 | by ( ) www.nbcnews.com time to read: +3 min

Jaime Bennington, the son of late Linkin Park lead singer Chester Bennington, has criticized the band’s decision to bring in Emily Armstrong as their new vocalist. Armstrong, who co-founded the rock band Dead Sara, made her Linkin Park debut in a live performance Sept. 5 alongside new drummer Colin Brittain. Mars Volta singer Cedric Bixler-Zavala and his wife Chrissie Carnell-Bixler, one of several women who accused Masterson of sexual assault, also spoke out against Armstrong. Shinoda addressed concerns during a Discord conversation, expressing his understanding of the public shock and outrage while urging for respectful discussion. Armstrong issued a statement of her own on Sept. 6, telling fans that she “wanted to clear the air” about supporting Masterson.

Persons: Jaime Bennington, Chester Bennington, Emily Armstrong, Armstrong, Sara, Linkin, Colin Brittain, ” Bennington, Jaime, Instagram, Mike Shinoda, Timothy Norris, Danny Masterson, Cedric Bixler, Zavala, Chrissie Carnell, Masterson, Zavalare, ”, Carnell, Bixler, “, Shinoda, Brad Delson, Joe Hahn, Brittain Organizations: Linkin Park, Linkin, of Scientology, Mars Volta, Bixler, Armstrong Locations: Burbank , Calif, Phoenix, Los Angeles , New York, Hamburg, London, Seoul, Bogota

☆ U.S. and Chinese military commanders speak by phone for the first time in years
▼ + stars: | 2024-09-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +4 min

The call was the first time in years that the two regional military commanders have engaged in a formal conversation. Citing multiple recent “unsafe interactions” between China’s People’s Liberation Army and U.S. allies, Paparo said the Chinese military had an obligation “to comply with international laws and norms to ensure operational safety,” the readout said. Paparo also urged the Chinese military to reconsider what he said was its use of “dangerous, coercive and potentially escalatory tactics in the South China Sea and beyond,” it added. Both countries announced plans for a call between their military theater commanders after a visit to Beijing late last month by Jake Sullivan, Biden’s national security adviser. A phone call raises the possibility of another in-person meeting between the two leaders before the end of Biden’s term.

Persons: WASHINGTON, Adm, Samuel Paparo, Wu Yanan, Paparo, Wu, John Aquilino, Xi Jinping, Nancy Pelosi, Joe Biden, Xi, Jake Sullivan, Biden, Courtney Kube, Carol E, Lee, Jennifer Jett Organizations: United, United States ’, Pacific Command, China’s, Chinese Ministry of Defense, People’s Liberation Army, U.S, Theater, Eastern, Command, South China, Philippine, Daily, Global Times Locations: United States, U.S, South China, South, Taiwan, China, Beijing, Taiwan Strait, Philippines, Philippine, Manila, California, Washington, Hong Kong

☆ Harris and Trump face off for the first time tonight, but some corners of the business world are already over it
▼ + stars: | 2024-09-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Business Insider's Brent D. Griffiths has a rundown on everything you need to know heading into tonight . A newly released Times/Siena poll shows Trump holding just a one-point advantage over Harris among likely voters. For Trump, the focus will likely be the economy, which is a high priority for voters and also a sore spot for Harris. The latest Times poll showed Trump (55%) held a big advantage over Harris (42%) regarding who would be better equipped to handle the economy. Trump will also likely target Harris' biggest vulnerabilities , which may include trying to define her shifting views as disingenuous flip-flops, Brent writes.

Persons: —, he'll, it's, Jose Luis Pelaez, Michael Ciaglo, Getty, Tom Williams, Tyler Le, Kamala Harris, Donald Trump, Insider's Brent D, Griffiths, Harris, BI's John L Dorman, Trump, Brent, Jenny Chang, Rodriguez, BI's Bradley Saacks, It's, BI's Alice Tecotzky, Sébastien Thibault, Goldman Sachs, Torsten Sløk, Anson Chan, Brian Niccol, hasn't, Putin, Andrew Cuomo, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Elon, Business, Jose Luis Pelaez Inc, Trump, BI Bitcoin, Arab League Locations: Philadelphia, Siena, Silicon Valley, China, America, Russia, Ukraine, Cairo, Israel, Gaza, New York, London

☆ Fact check: Donald Trump, Kamala Harris debate on ABC News
▼ + stars: | 2024-09-10 | by ( Cnn Staff | ) edition.cnn.com time to read: +18 min

CNN —Former President Donald Trump and Vice President Kamala Harris are facing off for the first time Tuesday during ABC’s presidential debate. “I had no inflation, virtually no inflation,” Trump said. Harris introduced herself by name and said, “Let’s have a good debate.” Trump responded: “Nice to see you. Have fun.” Saul Loeb/AFP/Getty Images Trump and Harris stand on stage at the start of the debate. “But understand if Donald Trump were to be elected, he will sign a national abortion ban.

Persons: Donald Trump, Kamala Harris, Harris, Donald Trump’s, Trump, Katie Lobosco, MAGA, “, ” Trump, Daniel Dale, Tami Luhby, Chip Somodevilla, he’s, FactCheck.org, Steven Cheung, Cheung, Kaanita Iyer Trump, Joe Biden, ”, gotaways, Michelle Mittelstadt, Piper Hudspeth Blackburn, David Muir, Linsey Davis, Michael Le Brecht, Alex Brandon, Doug Mills, Pat Tuttle, George Walker IV, Saul Loeb, Tristen Rouse, CNN Harris, Win McNamee, Sheena Carey, Morry Gash, Matthew Hatcher, ” Saul Loeb, Roberto Schmidt, Andrew Thomas, Robert F, Kennedy Jr, Kennedy, Jim Lo Scalzo, Anthony Scaramucci, Olivia Troye, Matt Rourke, Hannah Beier, Lilly, Evelyn Hockstein, Matt Slocum, Kenny Holston, ” Harris, Noah Weinrich, Kaanita Iyer, Feedback Trump, John Roberts, Devan Cole Trump, Sen, JD Vance, ” Vance, Michael Williams Trump, United States –, Katie Lobosco Harris, –, Mike Pence, Rather, “ Joe Biden, Ella Nilsen Trump, Elisabeth Buchwald Organizations: CNN, Trump, Center for American Progress, Fund, CAP, Peterson Institute for International Economics, Center, CNN Trump, Breitbart News, Border Patrol, Biden, Patrol, Republicans, Migration, Institute, ABC News Trump, National Constitution Center, New York Times, Bloomberg, Getty Images, Getty, Pennsylvania Convention Center, People, Philadelphia International Airport, AFP, Philadelphia City Hall, Former Trump, Reuters, ABC, Force, Democratic, Convention, Leadership, Heritage, United States Supreme, White, City, Springfield News, Sun, Springfield Police, United States, US International Trade Commission, Treasury, Consumer, Bureau of Labor Statistics Locations: Pennsylvania, Philadelphia, United Kingdom, Venezuela, United States, Nashville , Tennessee, Washington ,, Washington , DC, Milwaukee, AFP, Springfield , Ohio, “, Springfield, City, China, American

☆ Goldman says watch out for more drawdowns, but the risk of a bear market is still low
▼ + stars: | 2024-09-10 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

For investors who just weathered a bout of summer turbulence, Goldman Sachs said expect more patchiness in stocks, but believes the bull market will remain intact. "However, we think the risk of a bear market remains low with relatively low recession risk, helped by a healthy private sector and central bank easing." The stock market benchmark has since recouped much of the losses, recently trading some 3.4% below its July 16 all-time high. A bear market represents at least a 20% decline from the S & P 500's record high, while even a correction would amount to a 10% drawdown. … Encouragingly, though … we are not staring at a severe slowdown," Bank of America said in a note to clients on Tuesday.

Persons: Goldman Sachs, Christian Mueller, Goldman, Mueller, Glissmann, … Organizations: U.S, Bank of America, Federal Reserve Locations: U.S

☆ Harris braces for the most critical moment of her political career at debate with Trump
▼ + stars: | 2024-09-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —Kamala Harris’ joyful campaign will Tuesday be hit by the blunt force of reality — a debate with Donald Trump — the most menacing political foe of modern times. The vice president transformed the 2024 election after President Joe Biden’s abject debate showing against Trump on CNN in June led him to end his reelection bid. Haris will be ‘fully prepared’But to succeed in the debate, the vice president faces three difficult tasks. The conceit, however, allowed the Trump campaign to argue she’d return to her original stance if she won power. “I believe the vice president will be fully prepared to do that.”

Persons: CNN — Kamala Harris, Donald Trump, Joe Biden’s, Harris, Mike Pence, Trump, ” Harris, Hillary Clinton, Biden, Joe Biden, Kamala Harris, Brendan Smialowski, “, ”, who’s, Justin Sullivan, Haris, Obama, Rickey Smiley, ” — Harris, parry, Dana Bash, she’d, Vincent Alban, “ I’m, he’s, Anita Dunn, ” Dunn, CNN’s Erin Burnett Organizations: CNN, Trump, Democratic, South, Prince George's Community College, New York Times, Siena, Republican, University of Las Vegas Thomas, Mack Center, Bidenomics Locations: Philadelphia, Largo , Maryland, AFP, Las Vegas, Trump’s, Trump, Pennsylvania, La Crosse , Wisconsin

Harris speaks during a presidential debate with Trump on Tuesday in Philadelphia. Saul Loeb/AFP/Getty ImagesIt was the first handshake in a presidential debate since Trump and Hillary Clinton squared off in 2016. Harris introduced herself by name and said, “Let’s have a good debate.” Trump responded: “Nice to see you. Have fun.” Saul Loeb/AFP/Getty Images Trump and Harris stand on stage at the start of the debate. Matt Rourke/AP Images of Harris and Trump are seen on a screen inside the spin room before the debate.

Persons: Philadelphia CNN — Kamala Harris, Donald Trump, Trump, ”, Joe Biden, he’d, “, ” Trump, Harris, they’d, Saul Loeb, Hillary Clinton, smirked, David Muir, “ We’ll, Muir, Harris ’, Biden, Roe, Wade, it’s, Virginia, Ralph Northam, Matthew Hatcher, Linsey Davis, ” Davis, ” Harris, Trump’s, –, don’t, Kamala Harris, Michael Le Brecht, Alex Brandon, Doug Mills, Pat Tuttle, George Walker IV, Chip Somodevilla, Tristen Rouse, CNN Harris, Win McNamee, Sheena Carey, Morry Gash, ” Saul Loeb, Roberto Schmidt, Andrew Thomas, Robert F, Kennedy Jr, Kennedy, Jim Lo Scalzo, Anthony Scaramucci, Olivia Troye, Matt Rourke, Hannah Beier, Lilly, Evelyn Hockstein, Matt Slocum, Kenny Holston, “ Donald Trump Organizations: Philadelphia CNN, Trump, ABC, Getty, Democratic Gov, ABC News, ABC News Trump, National Constitution Center, New York Times, Bloomberg, Getty Images, Pennsylvania Convention Center, People, CNN, Philadelphia International Airport, AFP, Philadelphia City Hall, Former Trump, Reuters, Force Locations: United States, Philadelphia, Trump’s, Clinton, Springfield , Ohio, Haiti, Springfield, AFP, Nashville , Tennessee, Pennsylvania, Washington ,, Washington , DC, Milwaukee

☆ Chinese-Owned Bitcoin Mines Are Using up America's Energy, Electricity
▼ + stars: | 2024-09-10 | by ( Taylor Dorrell | ) www.businessinsider.com time to read: +13 min

Concerns about the use of cryptocurrencies for illegal activity resulted in an effective ban on crypto mining and transactions. After a massive public outcry at the end of 2021, mining companies in Kazakhstan were effectively cut off from the grid. Today, the US makes up about 40% of the global hashrate — up from 17% during China's 2021 peak — making America the biggest hub for bitcoin mining. However, in recent years, bitcoin mining has become increasingly concentrated in the hands of a small number of private companies. Given how much energy bitcoin mining consumes, it's worth questioning whether its presence in the US is really worth the trade-off.

Persons: Xi Jinping, Zoe Liu, hasn't, pushback, haven't, Jeremy Fisher, Fisher, Gladys Anderson, Kelley Sayre, Stephanie Marsh, Marsh, Gavin Newsom, would've, Donald Trump, Trump, Satoshi Nakamoto, Saifedean Ammous, Cheyanne Diehl, wasn't, Biden, Joe Biden, Liu Pengyu, America Organizations: Council, Foreign Relations, Mining, Cambridge, Goodyear, Sierra, Environmental, New York Times, Tech, Gov, Securities and Exchange Commission, July's Bitcoin, SEC, National Bureau of Economic Research, Inc, Nasdaq, Embassy, EV, Sierra Club, City Council, Digital Locations: China, Kazakhstan, America, Utah, West Virginia, Akron , Ohio, Rockdale , Texas, Murphy , North Carolina, Massillon , Ohio, Bono , Arkansas, Vilonia , Arkansas, Akron, California, Nashville, Massillon, Ohio, Chinese, Massillon's City, In Arkansas, Wyoming, Washington, Harrison , Arkansas

☆ What Trump and Harris’ economic proposals mean for you
▼ + stars: | 2024-09-10 | by ( Elisabeth Buchwald | Matt Egan | ) edition.cnn.com time to read: +9 min

Here’s a look at what could happen to inflation, jobs and the deficit if Trump or Harris win in November. That, among other things, would keep the top tax rate individuals pay at 37% compared to 39.6% before it went into effect. Meanwhile, the tax proposals Harris has put forth so far mostly involve imposing higher taxes, which would have a positive impact on the deficit. For instance, she’s endorsed raising the top individual income tax rate to 44.6% and the top long-term capital gains tax rate to 28% versus the current 20%. Taken together, the Penn Wharton Budget model estimates Harris’ proposals could increase the deficit by an additional $1.2 trillion by 2034.

Persons: Kamala Harris, Donald Trump, Harris, Goldman Sachs, Trump, Warwick McKibbin, Goldman, she’s, ”, Justin Wolfers, Kevin Dietsch, He’s, Elon Musk, She’s, Joshua Gotbaum Organizations: New, New York CNN, Labor Department, Trump, Peterson Institute for International Economics, Gross, University of Michigan, CNN, Federal Reserve, Treasury Department, Wharton Budget, Social Security, Penn, Wharton Budget Model, Penn Wharton Budget, Brookings Institution Locations: New York, United States, Penn

☆ Apple’s new AirPods are also hearing aids. Can they really save you thousands of dollars?
▼ + stars: | 2024-09-10 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

The company said the wireless headphones will double as clinical-grade over-the-counter hearing aids for those who need them. But over-the-counter hearing aids like these aren’t always the solution for hearing loss. Over-the-counter hearing aids, such as Apple’s offering, also are not a treatment for “severe or profound” hearing loss, according to the FDA. If it can also serve as a hearing aid, I think that’s really exciting.”Apple’s announcement was applauded by some hearing aid users on social media, as well. But many noted one clear advantage traditional hearing aids have over AirPods: Hearing aids have battery life measured in days, not hours.

Persons: Apple, ”, Sumbul Ahmad Desai, Desai, Barbara Kelley, ” Kelley, Kelley, “ There’s, “ Organizations: CNN, Food and Drug Administration, FDA, Apple, American Heart Association, of America Locations: United States, Germany, Japan

☆ The 10 best countries in the world, ranked
▼ + stars: | 2024-09-10 | by ( Jordan Pandy | Noah Sheidlower | ) www.businessinsider.com time to read: +1 min

Switzerland regained the top spot on U.S. News & World Report's list of best countries in the world. The 2024 rankings assessed 89 countries on factors including heritage, power, and entrepreneurship. European countries tend to offer the best quality of life, while the US excels at power and agility. AdvertisementFor the third year in a row, Switzerland was ranked the best country in the world. The 2024 rankings, released Tuesday, were determined by U.S. News & World Report, which partnered with the Wharton School at the University of Pennsylvania.

Persons: — Organizations: . News, Service, U.S . News, Wharton School, University of Pennsylvania, Commonwealth, Business Locations: Switzerland, Canada

We'll show you how to watch the presidential debate from anywhere, including cable, streaming, and free options. How to watch the presidential debate in the USThere are tons of ways to watch the debate live in the US. Sling TV and Fubo are great services to upgrade your live TV viewing options and watch the presidential debate. How to watch the presidential debate in CanadaThe debate will be available to stream through CTV News Live in Canada. Like the first presidential debate, tonight's debate will last 90 minutes.

Persons: Donald Trump, Kamala Harris, David Muir, Linsey Davis, Trump, Joe Biden, Biden, Harris, Trump's, Dana Bash, Peacock, ExpressVPN, Vance, Tim Walz Organizations: Business, National Constitution Center, ABC News, Longtime ABC News, CNN, ABC, MSNBC, Fox News, Fubo, Hulu, NBC, CBS, FOX, Paramount, CTV News, BBC News, BBC, Constitution Center Locations: America, Philadephia , PA, Canada, Philadelphia , PA, Pennsylvania, J.D

Apple said Monday that a version of its latest AirPods earbuds will come with built-in hearing aids, which it says would help more than 1 billion people globally. The feature on the AirPods Pro, which Apple describes as equivalent to an over-the-counter hearing aid, is designed for users with mild to moderate hearing loss. "This helps them better engage in conversation, and keeps them connected to the people and environment around them," Apple said. AppleThe AirPods Pro will use the personalized hearing profile to inform how its hearing aid feature adjusts sounds in real time, including phone calls, music and other types of media. Apple noted that according to the World Health Organization, about 1.5 billion people around the world live with hearing loss.

Persons: Apple, ” Sarah Herrlinger, Apple’s Organizations: Apple, World Health Organization, AirPods, Apple Watch, U.S . Food, Drug Administration

☆ Selena Gomez says she can't carry children due to health issues, saying having a baby would put her life at risk
▼ + stars: | 2024-09-09 | by ( Doha Madani | Doha Madani Is A Senior Breaking News Reporter For Nbc News. Pronouns | She Her. | ) www.nbcnews.com time to read: +2 min

"Only Murders In The Building" star Selena Gomez revealed that her ongoing health issues make it dangerous for her to carry her own children should she plan to have them. Gomez said her chronic health issues, which include a lupus diagnosis she has shared publicly, make it risky for her to carry a baby to term. "I haven’t ever said this but I unfortunately can’t carry my own children," Gomez said. Gomez told Vanity Fair that while it's not the way she envisioned having children, she is in a "much better place" about the situation. She added that it doesn't matter how her children come into her life, because "it’ll be my baby.”

Persons: Selena Gomez, Emilia Pérez, Gomez, Benny Blanco, Howard Stern, ” Gomez, Lupus, it's, ” Organizations: Mayo Clinic, Lupus Foundation of America

☆ The White Stripes sue Trump campaign over use of ‘Seven Nation Army’
▼ + stars: | 2024-09-09 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +2 min

CNN —The Trump campaign may be “goin’ to Wichita” before the November election, but The White Stripes would prefer former President Donald Trump stop traveling with their music as part of his playlist. The two artists stopped performing together as The White Stripes in 2011. Last month, Jack White said he would seek legal action after Margo Martin, a deputy director of communications for the Trump campaign, shared on social media a since-deleted video of Trump boarding a plane with “Seven Nation Army” playing. They are the only living artists to file a lawsuit against Trump in 2024. The estate of soul singer Isaac Hayes also sued the Trump campaign for copyright infringement.

Persons: Trump, ’, Donald Trump, Meg White, ”, “, Defendant Trump, Jack White, Margo Martin, ” Jack, Celine Dion, Foo, Isaac Hayes Organizations: CNN, Wichita ”, Stripes, Nation Army, ” CNN, Trump, Seven Nation Army ”, Whites, Foo Fighters Locations: Wichita, New York

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