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☆ Inflation is cooling, yet many Americans are still living paycheck to paycheck
▼ + stars: | 2024-10-30 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Blueflames | Getty ImagesNecessities are 'swallowing up' incomeThe share of households living paycheck to paycheck has grown since 2019, according to the firm. Around 35% of households earning less than $50,000 per year are living paycheck to paycheck, up from 32% in 2019. Higher-income households also report struggling, with around 20% of households with more than $150,000 living paycheck to paycheck, the research found. Inflation is a top issue with voters as the November election approaches, according to an October CNBC All-America Economic Survey. People who rent are among those feeling the biggest impact of inflation, Traphagen said.

Persons: It's, David Tinsley, Tinsley, Jamie Grill, Peter Traphagen, Traphagen, Nick Roth, Roth Organizations: CNBC, America Economic Survey, Bank of America Institute, Labor Department, Wealth, Foster & Motley Locations: U.S, Oradell , New Jersey, Cincinnati

British chef Jamie Oliver is on the case of the stolen cheddar. But there are only a small number of real British cheddar makers, Oliver said. The cheeses were from three makers: Hafod Welsh organic cheddar, Westcombe cheddar, and Pitchfork cheddar. Neal’s Yard Dairy, a distributor, wholesaler, and retailer of British artisanal cheese, has asked international cheesemongers to be on the lookout for the stolen cheese, particularly in 10-kilogram (22-pound) and 24-kilogram (52-pound) blocks. “If anyone hears anything about posh cheese going for cheap, it’s probably some wrong’uns,” Oliver said.

Persons: Jamie Oliver, ”, ” Oliver, Oliver Organizations: Neal’s, Pitchfork Locations: Oliver, gouda, England, cheddar

☆ Jamie Dimon: American economy is still booming
▼ + stars: | 2024-10-28 | by ( Leslie Picker | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJamie Dimon: American economy is still boomingCNBC's Leslie Picker reports on the latest comments from Jamie Dimon.

Persons: Jamie Dimon, Leslie Picker

☆ What are your questions about foodborne illness? Ask Dr. Sanjay Gupta
▼ + stars: | 2024-10-28 | by ( Jamie Gumbrecht | ) edition.cnn.com time to read: 1 min

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☆ Fraudsters scam famed London cheese company out of $390,000 of cheddar
▼ + stars: | 2024-10-28 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

London CNN —Scammers have stolen more than 24 tons of artisanal cheese from one of Britain’s most famous dairy companies. Celebrity chef Jamie Oliver has appealed to his social media followers to look out for the stolen goods. The post continued: “Over 950 wheels of Hafod, Westcombe, and Pitchfork Cheddar were delivered before the fraud was discovered. Oliver said in a video posted on Instagram: “You’re going to think I’m joking but I’m not - there’s been a great cheese robbery. “Some of the best cheddar cheese in the world has been stolen,” he added.

Persons: London CNN —, ”, Jamie Oliver, Ken McKay, –, Oliver, “, there’s, ” Oliver, Tom Calver, Calver, Trethowan Organizations: London CNN, ITV, Pitchfork, Metropolitan Police, CNN Locations: London, Cheddar, French, Westcombe, France

☆ I've been riding trains across Europe for 15 years. I love it, but I often watch people make the same 4 mistakes.
▼ + stars: | 2024-10-27 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +1 min

I've been riding trains all around Europe for the past 15 years. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But I'll admit that there is a bit of a learning curve to making rail trips go as smoothly as possible. Here are the most common mistakes I see people making on European trains — and what to do instead.

Persons: I've, — Organizations: Service Locations: Europe, Poland, Portugal

☆ Far-right congressman suggests N.C. Legislature should consider handing electors to Trump on Election Day
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ali-Vitali-Circle-Byline-Template.Jpg | Ali Vitali | ) www.nbcnews.com time to read: +4 min

“In North Carolina, that makes a lot of sense,” Harris said to Raiklin during the Q&A in front of dozens of GOP attendees. “In North Carolina, I mean, it’s legitimate. Currently, voting is going well in western North Carolina,” Harris said before pointing blame at Rep. Jamie Raskin, D-Md., for voicing doubts about whether he would vote to certify a Trump election victory if there are anomalies. What happens when Elon Musk, Joe Rogan, Donald Trump and Tucker Carlson all call on this? “It’s really important to understand the mainstream Republican goal — to make Donald Trump President whether or not he wins the election,” tweeted Sen. Chris Murphy, D-Conn.

Persons: WASHINGTON, Andy Harris, Donald Trump, Hurricane, Harris, Reagan, Ivan Raiklin, Trump, Raiklin, Harris ’, ” Harris, ’, Thursday’s, “, I’ve, Jamie Raskin, Bob Good, Joe Rogan —, ”, ” Raiklin, Elon Musk, Joe Rogan, Tucker Carlson, —, Sen, Chris Murphy Organizations: Caucus, North, Republican, Republican Party, Maryland GOP, Trump, GOP, Tea, White, House Republicans, Lincoln, SPAN, Republicans, Senate Locations: Carolina, Maryland, Talbot, Lincoln, North Carolina, Arizona, Georgia, North Carolina , New Hampshire , Nebraska , Arizona, Wisconsin, Nebraska, it’s

☆ JPMorgan is boosting its junior-banker ranks
▼ + stars: | 2024-10-25 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +5 min

JPMorgan is ramping up its hiring of investment-banking analysts and associates, BI has learned. The fourth quarter is usually a slow period of hiring for investment banks. JPMorgan Chase is in the midst of an off-cycle hiring spree for junior investment bankers, according to people familiar with the bank's recruitment efforts and its online jobs board. AdvertisementAs Business Insider previously reported, JPMorgan recently said it would cap junior bankers' weekly work hours to 80 per week, with key exceptions. It also created a new HR role specifically to oversee the "well-being" of junior bankers.

Persons: —, JPMorgan Chase, headhunter, Wall, Banks, there's, Jamie Dimon, wasn't Organizations: JPMorgan, Service, IPOs, Bank of America, WSJ

☆ Jamie Dimon says the global order is at risk — and raging conflicts could explode into World War 3
▼ + stars: | 2024-10-25 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

JPMorgan CEO Jamie Dimon said US adversaries want to dismantle the world order. The bank chief said the Russia-Ukraine and Israel-Gaza conflicts could escalate into World War III. AdvertisementJamie Dimon says US adversaries want to topple the world order, and the Russia-Ukraine and Israel-Hamas conflicts could explode into a new world war. Dimon emphasized the risk that global warfare could break out, citing his historical knowledge and a recent Washington Post article that said, "World War III has already begun." Ray Dalio, another Wall Street billionaire and a financial historian, said last October that the chance of a world war involving the US and China had jumped from 35% to 50% over the previous two years.

Persons: Jamie Dimon, Dimon, —, Vladimir Putin's, We've, it's, Ray Dalio Organizations: Service, JPMorgan, Institute for International, Washington Post, Wall Street Locations: Russia, Ukraine, Israel, Gaza, China, Western, Washington , DC, Washington, Iran

☆ Unsolved 1979 slaying in Illinois linked to suspected serial killer, authorities say
▼ + stars: | 2024-10-24 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

North Aurora Police Dept. Halle disappeared on March 29, 1979, after she left her apartment complex to pick up her sister at a shopping center, North Aurora Police Detective Ryan Peat told reporters. Peat said investigators in North Aurora relied on a DNA sample from that case to connect Lindahl to Halle's killing. North Aurora police said in a statement Wednesday that Halle's family thanked authorities and said they were grateful to have closure after 45 years. Citing the advancement in DNA technology, the family said: "We are hopeful that other families won’t have to endure the same pain and uncertainty we faced for so many years."

Persons: Kathy Halle, Bruce Lindahl, Charles Huber, Ryan Peat, Lindahl, Halle, Peat, Jamie Mosser, Pamela Maurer, Maurer, Steve DuBois Organizations: Police, Authorities, Associated Press, North Aurora Police, Aurora Police, AP, DNA Labs International, NBC, NBC Chicago ., NBC Chicago . North Aurora Locations: Chicago, North Aurora, Halle, Kane, Lisle, Lindahl, Fox, NBC Chicago, NBC Chicago . North

☆ How the Dodgers went from Brooklyn’s darling to Los Angeles’ colossus
▼ + stars: | 2024-10-24 | by ( Jamie Barton | ) edition.cnn.com time to read: +7 min

There was a time, though, when any Yankees player on his way to face the Dodgers could have walked. O’Malley could not fathom that the Brooklyn Dodgers would move to Queens, so instead he set about moving the team to Los Angeles. Brooklyn Dodgers officials and employees pose in front of the club's plane at La Guardia in New York, before taking off for Los Angeles on October 23, 1957. Speaking to the New York Times in 2007, the Dodgers’ ex-general manager Buzzie Bavasi remembered that the franchise’s front office held a vote on whether to move. Six months later, the Los Angeles Dodgers played their first ever game, beating the San Francisco Giants 6-5 at the Los Angeles Memorial Coliseum.

Persons: Gleyber Torres, Long, Shohei Ohtani, Clayton Kershaw, Fernando Valenzuela, Charles Byrne, Byrne, Joseph Doyle, Ferdinand “ Gus ” Abell, George Washington, Bob Caruthers, Dave Orr, Dave Foutz, American Association –, – Byrne, Louis, ‘, Willard Mullin, “, ”, Emmett, Willie ”, Joe Hutcheson, Sam Leslie, Dan Taylor, Johnny Frederick, Walter Beck, Jackie Robinson, –, Walter O’Malley, Robert Moses, WNBA’s New York Liberty –, Moses, O’Malley, Buzzie Bavasi, Horace Stoneham, Shohei, Megan Briggs, Aaron Judge, Pee Wee Reese, Joe DiMaggio Organizations: CNN, New York Yankees, Yankees, Dodgers, New York Clipper, Brooklyn Dodgers, Big spenders Baseball, Grays, Base Ball Association, Camden Merritts, American Association, National League, Cleveland Blues, The New York Times, ”, New York Mets, Louis Browns, Brooklyn, NL, Trolley Dodgers, Ebbets Field, Barclays Center –, NBA’s Brooklyn Nets, WNBA’s New York Liberty, Los Angeles . Brooklyn Dodgers, La Guardia, Braves, New York Times, New York Giants, Los Angeles Dodgers, San Francisco Giants, Los Angeles Memorial Coliseum, WNBA, The Dodgers, Miami Marlins, MLB Locations: Brooklyn, Washington, Long, Atlantic, Flatbush, Queens, Los Angeles, La, New York, Boston, Milwaukee, San Francisco

Michael Flynn speaking at a ReAwaken America Tour event in Manheim, Pennsylvania on October 21, 2022. But he is suing the ReAwaken America Tour and The America Project as part of separate defamation lawsuits. Funding a sham 2020 election auditFlynn’s efforts to cast doubt on the 2020 election results were only getting started when Trump left office. Clay Clark on stage at the final stop of the ReAwaken America Tour event 17 days before the 2024 election. ‘Don’t just finish on Election Day’Consequences have mounted for others who echoed Trump election lies during and after the election.

Persons: Donald Trump’s, Michael Flynn, Flynn, Eric Coomer, Coomer, ” Flynn, “, Chris Cuomo, Alex Jones ’, Rod, Trump, ”, Katy, ” Flynn –, –, MAGA, ‘, they’ve, Mark Peterson, Joseph, Mike Flynn, he’s, Olivia Troye, Mike Pence, Troye, ” Troye, Kamala Harris, Dominion —, “ Eric Coomer, Joshua Steinman, Sidney Powell, Rudy Giuliani, Josh, ” Powell, Joe Biden, Steinman, Guy, Michael Lindell, Patrick Byrne, they’re, Christopher Demspey, William Barr, Dominion, Powell, Donald, Tayfun, Jamie Raskin, ” Raskin, Joseph Flynn, Overstock.com, Byrne, Dempsey, ” Joseph Flynn, Michael Flynn’s, Joe Biden’s, Biden, Matt York, Doug Logan, Logan, won’t, Clay Clark, Clark, Carrie Schreck, Joe Oltmann, Oltmann, Eric ”, ‘ Don’t, Powell –, Jenna Ellis, Giuliani, retakes, Flynn’s, Elon Musk, We’ve Organizations: CNN, Dominion Voting Systems, Dominion, ReAwaken, Trump, Iron Ministries, Defense Intelligence Agency, Fox News, America, National Security Council, White, Lindell, ReAwaken America, The America, TAP, National, FBI, Justice Department, Department of Homeland, Defense, Capitol, Washington DC, Anadolu Agency, Getty, Democrat, Coomer, America Project, Veterans Memorial Coliseum, Colorado podcaster, Republican National Committee, Elon Locations: ReAwaken America, Pennsylvania, Manheim , Pennsylvania, Afghanistan, Russian, Washington, Arizona, Maricopa, Florida, Phoenix, Georgia, Oklahoma, Tulsa, ”, Fulton County, Georgia, New York, America, Selma , North Carolina

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

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

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

☆ Champions League: Vinícius Jr. nets hat-trick as Real Madrid makes stunning comeback over Borussia Dortmund
▼ + stars: | 2024-10-23 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

CNN —There is just something about Real Madrid and the Champions League. “We spoke calmly about how to change things in the second half. The goal sent fans inside the Santiago Bernabéu into a frenzy as Madrid began to click into action. “These three goals will help him towards the next Ballon d’Or.”Villa remains unbeatenElsewhere, Aston Villa maintained its perfect start to the Champions League campaign. Aston Villa remains unbeaten in the Champions League after winning all three of its games so far.

Persons: Blancos, Donyell Malen, Jamie Gittens, ”, Carlo Ancelotti, Susana Vera, Antonio Rüdiger, –, Lucas Vázquez, Ballon, allon, e nergy., ilan, abbe Organizations: CNN, Real Madrid, Champions League, Borussia Dortmund, Dortmund, Brazilian, Reuters, Madrid Locations: Spanish, Madrid, ” Madrid, Santiago

☆ Neymar returns from ACL injury after more than a year on the sidelines
▼ + stars: | 2024-10-22 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Brazilian soccer star Neymar made his return to the pitch more than a year after rupturing his anterior cruciate ligament (ACL) and meniscus in his left knee, playing 20 minutes for Al-Hilal on Monday. The 32-year-old was introduced as a substitute in the 77th minute of the team’s 5-4 AFC Champions League Elite win against Al Ain on Monday. “I’m so happy,” the Brazilian said to Al-Hilal’s media department following his return on Monday. Neymar controls the ball during the AFC Champions League Elite match between Al Ain and Al-Hilal on October 21. His contract with Al-Hilal, which is top of the league having won all seven of its games, expires in June 2025.

Persons: Neymar, Germain, Nicolás de, Nicolás de la Cruz, “, ”, Santos, He’s, Rafael Leão, ” Neymar, Francois Nel Organizations: CNN, Al, Monday, AFC, League Elite, Al Ain, Saudi, Paris Saint, Copa, CONMEBOL, Venezuela, AFC Champions, Elite, Saudi Pro League Locations: Brazilian, Hilal, Paris, Brazil, Uruguay, Nicolás de la, Santos, Portuguese, Al Ain, Al

☆ Chrissy Metz talks about the abuse she says she suffered because of her weight
▼ + stars: | 2024-10-22 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

As a youngster, Metz said, she endured “mental, physical, emotional abuse” about her weight. “What I discovered in therapy was that my dad, for whatever reason, wasn’t able to choose me,” she said during the podcast. It’s not healthy.”Chrissy Metz: How to Feel Chosen, Choose Yourself & Believe Your Dreams Are Possible! ‘Well, get on the damn thing!’ Trigger would yell. And again, not feeling chosen, or feeling chosen for the wrong thing.”

Persons: CNN — Chrissy Metz, Jamie Kern, Metz, Dan Fogelman, ”, I’m, ” Chrissy Metz, Trigger, ” Metz, “ He’d Organizations: CNN

☆ I paid $120 for my family to take the ferry around Venice. The unlimited passes were a total waste of money.
▼ + stars: | 2024-10-22 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +1 min

Everyone I spoke to, in addition to people on the internet, said I should buy a ferry pass. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . While I was planning a family trip to Venice, many sources on the internet and people in real life said springing for an unlimited ferry pass was essential. Now that I've wasted over $100, though, I can say the passes weren't worth it for my family.

Persons: — Organizations: Service Locations: Venice

☆ Lael Wilcox happy to prove doubters wrong with 18,000-mile world record
▼ + stars: | 2024-10-21 | by ( Jamie Barton | ) edition.cnn.com time to read: +8 min

Like, ‘You think I’m lying about what I’ve done?’”There can be no doubting the American this time. I was like, ‘There’s no way I’m going to keep going.’”Eight years later, Wilcox has finally completed the remarkable feat. Lael Wilcox (third from right) is joined by fellow female cyclists during one of Komoot's Women's Rallies. courtesy Ashley Gruber“I would almost always be the only woman at any event I went to,” explained Wilcox. “I had a good ride, I’m happy with it.

Persons: CNN —, Lael Wilcox, “, ”, – Wilcox, Wilcox, “ It’s, ’ ”, they’ll, Komoot, Komoot's Women's, Ashley Gruber “, ’, ” Wilcox, Vedangi Kulkarni Organizations: CNN, CNN Sport, New Zealand, Guinness, Komoot’s Women’s, Basque, ” Locations: Chicago, Europe, Australia, New, Anchorage , Alaska, West Coast, Oregon, Virginia, Germany, Turkey, New York City, Basque Country, San Francisco, Arizona , New Mexico , Texas, Oklahoma, Missouri, Illinois

☆ US Grand Prix: Lando Norris penalty sees Max Verstappen extend drivers’ championship lead, as Charles Leclerc wins
▼ + stars: | 2024-10-21 | by ( Jamie Barton | ) edition.cnn.com time to read: +3 min

CNN —A controversial five-second penalty for McLaren’s Lando Norris saw the English driver lose ground in his pursuit of Max Verstappen’s drivers’ championship title, on a day when Charles Leclerc eased to victory in the United States Grand Prix. Having relinquished pole position immediately at the start of the race, Norris overtook Verstappen to take third in lap 52, but was adjudged to have gained an advantage by leaving the track. The resulting penalty saw Verstappen promoted back to a podium finish, and Norris relegated down to fourth. But the one guy I need to beat is Max and that’s the guy I didn’t beat today.”Norris (left) and Verstappen race through a turn during the US Grand Prix. A one-two for the team, we couldn’t have dreamed for better.”Team members stand along the fence celebrating as Leclerc wins the US Grand Prix.

Persons: McLaren’s Lando Norris, Max Verstappen’s, Charles Leclerc, Norris, Verstappen, ”, “, ” Norris, Eric Gay, Ferrari, Leclerc, Carlos Sainz, Red Bull Organizations: CNN, United States, Reuters, McLaren, Sunday, Sprint, ” Team, Ferrari Locations: Singapore, Austin , Texas, Austin, Mexico, Brazil

☆ 'John Wick' at 10: Directors discuss fighting for Keanu Reeves' beard and how Eva Longoria saved the movie
▼ + stars: | 2024-10-21 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +20 min

At Fantastic Fest, Stahelski, Leitch, and star Keanu Reeves wove through the packed lobby filled with rabid Reeves fans. AdvertisementKeanu Reeves cleverly got Stahelski and Leitch to direct 'John Wick'Keanu Reeves in "John Wick." Nico Tavernise/LionsgateIs it true you guys had to fight with the financiers to keep a beard on John Wick? We felt live or die, it doesn't matter, it's John versus John Wick; that's the story we're telling. Another "John Wick" movie?

Persons: John Wick, Chad Stahelski, David Leitch, Eva Longoria, —, Keanu Reeves, Stahelski, it's, Leitch, Reeves, Jamie McCarthy, Getty, John Wick dusts, Keanu, Lionsgate Chad, David, Dave, Kelly McCormick, Derek Kolstad, Tolkien, Basil Iwanyk, Chad, Jason Statham, Derek, Lana, he's, Nico Tavernise, Jonathan Sela's, John, Basil, Jon Kopaloff, Getty David, Ed, Shane, It's, Kristy Sparow, You'll, Eva, Basil said, We've, we've, Marmont, I've, Cindy Ord, WireImage, you've, Hobbs, Shaw, Guy Organizations: Service, Lionsgate, Guild of America, Fest, DC, Marvel, Navy SEAL, Hong, Leitch, CAA Locations: Austin, Los Angeles, Stahelski, Russian, Chad, Hong Kong, I'm

☆ 'John Wick' at 10: Chad Stahelski and David Leitch on fighting for Keanu Reeves' beard and how Eva Longoria saved the movie
▼ + stars: | 2024-10-21 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +20 min

At Fantastic Fest, Stahelski, Leitch, and star Keanu Reeves wove through the packed lobby filled with rabid Reeves fans. Chad Stahelski, David Leitch, and Keanu Reeves at the premiere of "John Wick." AdvertisementKeanu Reeves cleverly got Stahelski and Leitch to direct 'John Wick'Keanu Reeves in "John Wick." We felt live or die, it doesn't matter, it's John versus John Wick; that's the story we're telling. Another "John Wick" movie?

☆ Questions about fall allergies? Ask Dr. Sanjay Gupta
▼ + stars: | 2024-10-21 | by ( Jamie Gumbrecht | ) edition.cnn.com time to read: 1 min

☆ How Kamala Harris took on the ‘big banks’ after the foreclosure crisis
▼ + stars: | 2024-10-21 | by ( Katie Lobosco | ) edition.cnn.com time to read: +5 min

Washington CNN —Vice President Kamala Harris often touts how she took on the “big banks” as attorney general of California to deliver mortgage relief to homeowners hit by the 2008 foreclosure crisis. The oft-repeated story references how Harris helped negotiate a multistate mortgage settlement with five of the nation’s biggest banks that delivered financial relief to homeowners and set standards for lenders. Harris also secured a separate agreement with three of the banks, guaranteeing a certain amount of relief for California homeowners. Mortgage relief for homeownersAs a result of the national settlement, mortgage relief was delivered to homeowners in several different forms, such as principal reductions, interest rates cuts, other kinds of loan modifications or short sales. There were also some direct payments sent to people who wrongfully lost their homes to foreclosure, according to the National Mortgage Settlement website.

Persons: Kamala Harris, Harris, It’s, “, ”, Joe Biden’s, Beau Biden, Jamie Dimon, Ira Rheingold, Katie Porter, Irvine –, ” Rheingold, Lisa Sitkin, Sitkin, servicer Organizations: Washington CNN —, Democratic National Convention, ”, JPMorgan Chase, National Association of Consumer Advocates, Mortgage, National Mortgage, University of California, Irvine, National Housing Law, Consumer Financial, Bureau Locations: California, Delaware

☆ Insider Today: Blackstone's juggernaut
▼ + stars: | 2024-10-20 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

This post originally appeared in the Insider Today newsletter. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. The boom in private credit at Blackstone reflects a broader shift in how companies borrow.

Persons: —, Drew Houston, Jeff Bezos, Jon Gray, Blackstone, Jeenah, Jonathan Gray, Banks, Marc Rowan, Jamie Dimon, it's, Jenny Chang, Rodriguez, Barack Obama, Donald Trump, Joe Biden, BI's Alice Tecotzky, Tyler Le, Momo Takahashi, Goldman Sachs, Morgan Stanley, It's, rainmaker Jett Lara, Augustus Doricko, Doricko, Alex Diaz, he's Organizations: Business, Service, Blackstone, Blackstone Group, Reuters, JPMorgan, BI, Democratic, Apple, Investment, Goldman, Bank of America, Citigroup Locations: New York City, U.S, BI Northampton, Pennsylvania, Easton, El Segundo , California

☆ Here's the trading playbook as data piles up in support of a 'no landing' for the US economy
▼ + stars: | 2024-10-20 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

Odds of a "no landing" scenario for the economy are rising amid continued strong economic data. The "no landing" scenario entails a continued run of hot economic data and growth that boosts markets but also precludes a steep rate-cutting cycle from the Federal Reserve. According to Cox, that means that short-term interest rates will drop to around 3% in the no landing scenario, even if long-term rates remain elevated. AdvertisementAfter all, a no landing scenario is the best outcome for the economy, Cox said, and given hot growth, the situation effectively tosses recession fears out the window. This would be just the fourth time in US history that the Fed has cut interest rates without a downturn, he added.

Persons: —, BofA, Reacceleration, Jamie Cox, Cox, They're, Morgan Stanley Organizations: Service, Federal Reserve, Bank of America, UBS, Fed, Nvidia, Apple

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