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☆ Citigroup earnings top estimates, boosted by investment banking
▼ + stars: | 2024-10-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Citigroup reported third-quarter results before the opening bell on Tuesday that topped Wall Street expectations, with growth in investment banking and wealth management. Wealth revenue rose 9%. Net income fell to $3.2 billion, or $1.51 per share, from $3.5 billion, or $1.63 per share, a year earlier. Citigroup CEO Jane Fraser took over in March 2021 and has focused on slimming down the bank during her tenure. The other major banks that have reported third-quarter results so far have also beaten earnings expectations, including Goldman Sachs and JPMorgan Chase.

Persons: LSEG, Jane Fraser, Fraser, outperforming, Goldman Sachs Organizations: Citibank, Citigroup, Wall, JPMorgan Chase Locations: Canada, Wharf, London

☆ Stock futures are little changed after S&P 500 slips from record highs: Live updates
▼ + stars: | 2024-10-15 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

Stock futures were calm on Tuesday evening as Wall Street looks to see whether equities can be rebound to record highs this week. Futures tied to the S&P 500 were flat. Nasdaq 100 futures ticked up by less than 0.1%, while Dow Jones Industrial Average futures added just 2 points. The Dow and S&P 500 both slipped from their recent records during Tuesday's regular trading session, falling 0.75% and 0.76%, respectively. Tech stocks – semiconductors, in particular – weighed on the S&P 500 and the Nasdaq.

Persons: Bryn Talkington, Morgan Stanley Organizations: Dow Jones Industrial, Dow, Nasdaq, Tech, Nvidia, Management, UnitedHealth, Abbott Laboratories

☆ Stocks making the biggest moves after hours: United Airlines, J.B. Hunt and more
▼ + stars: | 2024-10-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

United Airlines — The travel stock dipped less than 1% despite United's third-quarter report beating estimates on the top and bottom lines. United reported adjusted earnings of $3.33 per share on $14.84 billion of revenue. Interactive Brokers — Shares of the brokerage firm fell more than 3% after third-quarter earnings missed expectations. J.B. Hunt Transport Services — The freight shipping company surged 8% after beating third-quarter estimates on the top and bottom lines. J.B. Hunt reported earnings of $1.49 per share on $3.07 billion of revenue.

Persons: LSEG, . Hunt Organizations: . United Airlines —, United, Interactive, Hunt Transport Services

☆ Election prediction markets are in a sprint to prove themselves as forecasting and investing tools
▼ + stars: | 2024-10-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +7 min

"Things were going okay before the election contracts, but since we put them on the platform there's been a lot more interest," Sanders said. The election contracts on each site are binary, and they pay out $1 if the correct outcome is chosen and $0 for the incorrect outcome. A fifth arena, Polymarket, is a blockchain-based prediction platform that is not open to U.S. customers. If they prove to be accurate over time, the prediction markets may also serve non-traders such as consultants and fundraisers who want to glean more insight into the election. Concerns More ominously, critics of the election markets have raised alarm that they could be moved by one or two big traders for possibly nefarious purposes.

Persons: politicos, Kalshi, Steven Sanders, Sanders, John Phillips, Phillips, Tarek Mansour, Bob Elliott, Ray, Elliott, Polymarket, Nikki Haley, Michelle Obama, Matt Thompson, Thompson, Koleman Strumpf, Cantrell Dumas, Dumas, PredictIt's Phillips, Strumpf, Mansour, We've Organizations: Wall, Interactive, Futures Trading Commission, CFTC, Kalshi, Funds, Bridgewater Associates, South Carolina Gov, Republican, Little Harbor Advisors, Wake Forest University, Better, CNBC, Wake Locations: Iowa, Winston, Salem, N.C, Susquehanna

☆ Why Chargers coach Jim Harbaugh briefly left Sunday's game
▼ + stars: | 2024-10-14 | by ( Scott Stump | ) www.nbcnews.com time to read: +5 min

Los Angeles Chargers head coach Jim Harbaugh left the sidelines in the middle of the team’s game on Sunday due to what he said afterward was an “atrial flutter,” in which his heartbeat went out of rhythm. Harbaugh’s brother, Baltimore Ravens head coach John Harbaugh, abruptly left the team’s postgame press conference after being informed that Jim had experienced a health issue during the Chargers game. What happened to Jim Harbaugh during the Chargers game? The term “sinus rhythm” Harbaugh used refers to the heart’s normal rhythm. The Baltimore Ravens’ 30-23 win over the Washington Commanders had concluded while the Chargers game was still being held.

Persons: Jim Harbaugh, Harbaugh, Jesse Minter, John Harbaugh, Jim, AJ Ross, ”, “, ” Harbaugh, “ I’m, ‘, ’, you’re, I’ve, “ I’ve, Colin Kaepernick, Colin, didn’t, wasn’t, ” John Harbaugh, Joe Hortiz, John Organizations: Los Angeles Chargers, Chargers, Denver Broncos, Baltimore Ravens, CBS, American Heart Association, San Francisco 49ers, 49ers, Chicago Bears, Broncos, AHA, Washington, Athletic, Super, John’s Ravens, Jim’s 49ers

☆ Bull markets tend to sputter in year three
▼ + stars: | 2024-10-14 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

.SPX mountain 2022-10-12 The S & P 500 has gained more than 60% during this bull market. However, prior bull markets have shown a tendency to lose a little steam in their third year. Bank of America research showed that 10 prior bull markets for the S & P 500 had an average return of -2% in months 25 to 36. Another thing to keep in mind is that even positive third years for bull markets tend to be bumpy. Of course, a slump for the S & P 500 could be an opportunity for small-cap stocks to catch up .

Persons: Ritesh Samadhiya, Sam Stovall, Russell Organizations: Bank of America

☆ Stocks making the biggest moves premarket: Flutter Entertainment, Boeing, SiriusXM, Caterpillar and more
▼ + stars: | 2024-10-14 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Crypto stocks – Stocks linked to cryptocurrencies rose as Bitcoin soared above $64,000 to start the week. Flutter Entertainment – The FanDuel parent company popped 4% after Wells Fargo upgraded shares to overweight , saying that investors should consider buying the stock following the recent sell-off. Boeing also postponed the delivery of its still-uncertified 777X wide-body plane and forecasted a wider-than-expected loss for the third quarter. Sirius XM Holdings – The audio entertainment company rose 3.5% after Warren Buffett's Berkshire Hathaway disclosed that it purchased more of the stock. Caterpillar – The industrial company slipped more than 2% after Morgan Stanley downgraded shares to underweight from equal weight.

Persons: MicroStrategy, Mara, Mara Holdings —, Coinbase, Wells, Warren Buffett's Berkshire Hathaway, Morgan Stanley, Goldman Sachs, AppLovin, Eli Lilly's, —, Alex Harring, Samantha Subin, Jesse Pound, Sarah Min, Hakyung Kim, Pia Singh Organizations: Mara Holdings, Boeing –, Boeing, Sirius XM Holdings, Berkshire, Sirius, Caterpillar, Walmart, Food and Drug Administration

☆ With AI warning, Nobel winner joins ranks of laureates who’ve cautioned about the risks of their own work
▼ + stars: | 2024-10-13 | by ( Meg Tirrell | ) edition.cnn.com time to read: +10 min

Hinton isn’t the first Nobel laureate to warn about the risks of the technology that he helped pioneer. Irene Joliot-Curie and Frederic Joliot shared the Nobel Prize for chemistry in 1935. AFP/Getty Images1945: Antibiotic resistanceSir Alexander Fleming shared the 1945 Nobel Prize in medicine with Ernst Chain and Sir Edward Florey for the discovery of penicillin and its application in curing bacterial infections. “I, for one, would not shrink from that challenge.”Jennifer Doudna won the Nobel Prize in chemistry in 2020 for her work on a new method of gene editing. Nobel Prize Outreach/Brittany Hosea-Small/Handout/Reuters2020: Gene editingFour years ago, Jennifer Doudna and Emmanuelle Charpentier shared the Nobel Prize in chemistry for the development of a method for genome editing called CRISPR-Cas9.

Persons: Geoffrey Hinton, ”, ” Hinton, John Hopfield “, Hinton, Hinton isn’t, Irene Joliot, Curie, Frederic Joliot, Marie, Pierre Curie, Joliot, “, Sir Alexander Fleming, Ernst Chain, Sir Edward Florey, Fleming, underdose, Jeffrey Gerber, ” Gerber, ” Paul Berg, Tobbe, Paul Berg, Berg, Joanna Rose, it’s, Jesse Gelsinger, ” Jennifer Doudna, Brittany Hosea, Gene, Jennifer Doudna, Emmanuelle Charpentier, ” Doudna, “ We’ve, ” CNN’s Christian Edwards, Katie Hunt Organizations: CNN, Google, University of Toronto, Princeton University, Hulton, Getty, Children’s Hospital of Philadelphia, World Health Organization, Nobel, Innovative Genomics Institute Locations: AFP, ”, Stockholm

Matthew Lavietes / NBC News“It’s just been one thing after another,” said Menegias, who has lived at the Twin City mobile home park for 11 years. Matthew Lavietes / NBC NewsMenegias rode out Milton at a nearby hotel on higher ground and returned home on Friday to assess the damage. Matthew Lavietes / NBC NewsBoth said they too were relieved Milton didn’t flatten their home or wash it away completely. This is our life savings.”The Twin City mobile home park in St. Petersburg, Fla., on Friday. Matt Lavietes / NBC NewsLawson said he was “absolutely heartbroken” when he returned to Twin City after Milton.

Persons: Hurricane Milton, Hurricane Helene, Milton, James William Lawson Jr, Matthew Lavietes “, ”, “ Milton, Menegias, what’s, Ninda, Matthew Lavietes, “, ” Shawn Halladay, Halladay, Matt Lavietes, Jesse Hancock, What’s, Helene, ” Hancock, Ria Blaight, Milton didn’t, Hancock, Blaight, they’re, Lawson, “ They’re, ” Matt Lavietes, Corky Siemaszko Organizations: Twin, NBC, Lakeshore Management, FEMA, Milton, NBC News, Twin City Locations: PETERSBURG, Fla, Twin City, Hurricane, Siesta, St . Petersburg, Coast, Twin, Florida, Pinellas Park, Hancock, Milton, New York City

☆ Look inside an abandoned high school turned $3.3 million apartment complex—and 4 more multimillion-dollar dream homes
▼ + stars: | 2024-10-12 | by ( Nicolas Vega Celia Fernandez Jennifer Liu | Nicolas Vega | Celia Fernandez | ) www.cnbc.com time to read: +7 min

An abandoned baseball stadium is now a $14 million luxury apartment complexThe Stadium Lofts has 138 units and Stadium Flats, the four-building complex next door, has 144. "We designed it such that when you walked in, you felt like you were walking into a historic stadium rather than an apartment building," Watson said. They turned an old school into a 31-unit apartment building"Bowtie High" was converted into a 31-unit apartment building. After enlisting real estate investor Adam Colucci and developer Dan Spanovich, the trio bought the abandoned Bowtie High for $100,000. They embarked on an 18-month renovation beginning in 2020 to turn it into an apartment building.

Persons: Michael Potter, Michael Cox, John Watson, Cox, Watson, Alexis Zakis Jesse Wig, Adam Colucci, Dan Spanovich, Katie Tarasov, Joe Sobczak, Sobczak, Peter Bittner, Sheila Consaul's, Consaul, Rubia Daniels Organizations: CNBC, Indianapolis Indians, Sobczak, San Francisco International Airport, San Carlos Airport, SFO, U.S . Air Force, Historic Lighthouse, Washington D.C Locations: Indianapolis, Tuolumne County, Bay, Yosemite, Fairport, Ohio, Lake Erie, Washington, Headlands Beach, Italy

☆ Inflation reports from this week should allow the Fed to stay on track with rate cuts
▼ + stars: | 2024-10-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Investors who fear stubborn inflation, if not an outright rebound, got a bit of a salve on Friday morning. Wholesale prices showed no change month over month for September, coming in below expectations. The producer price index report may help offset some of the slight concerns about Thursday's consumer price index report, which was a bit hotter than expected. The personal consumption expenditures price index for September will be released on Oct. 31. "We think the Fed is really still on track to cut 25 [basis points] at each of the next two meetings," Seif added.

Persons: David Seif, Seif, Wells Organizations: Nomura Securities, Fed, PPI, Traders, JPMorgan Chase, BNY Mellon Locations: Wells Fargo

☆ Stocks making the biggest moves premarket: Wells Fargo, JPMorgan, Tesla, Stellantis and more
▼ + stars: | 2024-10-11 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Wells Fargo — Shares of the San Francisco-based lender rose 3%, helped by better-than-expected earnings. However, the bank's revenue of $20.37 billion came in below the $20.42 billion expected, and Wells experienced an 11% decline in net interest income. Tesla , Uber — Tesla shares tumbled 6.4% after its event for the robotaxi, a self-driving cab concept, left investors feeling underwhelmed. Affirm , Flywire — Affirm shares popped 3.1% after Wells Fargo upgraded the buy-now-pay-later stock to overweight from equal weight. Elsewhere in the digital payments space, Wells Fargo downgraded Flywire to equal weight from overweight, sending shares down 2.7%.

Persons: Wells, JPMorgan Chase, Tesla, underwhelmed, Carlos Tavares, Flywire, Mobileye, Morgan Stanley, Kinder Morgan, Ferrari, Lisa Kailai Han, Jesse Pound, Michelle Fox, Yun Li, Sean Conlon Organizations: LSEG, JPMorgan, Revenue, Bank of America, BlackRock, Mizuho, Bank of Locations: San Francisco, Wells, Flywire, Atlassian, China

☆ Stocks making the biggest moves midday: Tesla, Wells Fargo, JPMorgan Chase, Fastenal and more
▼ + stars: | 2024-10-11 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Third-quarter adjusted earnings were $1.52 per share, topping the $1.28 per share expected from analysts polled by LSEG. JPMorgan Chase – Shares jumped 4.7% after JPMorgan, the biggest American bank, posted third-quarter results that beat estimates for profit and revenue. BlackRock – Shares climbed 2.8% after the asset manager beat analysts' third-quarter expectations on the top and bottom lines. Bank of New York Mellon – The bank stock dropped 1%, even after the company issued a stronger-than-expected quarterly report. Analysts surveyed by LSEG were expecting $1.42 in earnings per share on $4.54 billion of revenue.

Persons: Morgan Stanley, Wells Fargo, JPMorgan Chase, Walmex –, Fastenal, FactSet, Wells, Warren Buffett's Berkshire Hathaway, Buffett, Natalie Knight, Doug Ostermann, Stellantis, Carlos Tavares, who's, LSEG, Kinder Morgan, Ferrari, BNY, —, Alex Harring, Lisa Kailai Han, Pia Singh, Hakyung Kim, Jesse Pound, Michelle Fox Organizations: San, LSEG, JPMorgan, JPMorgan Chase –, Walmart, Apple Pay, Bank of America, Securities and Exchange Commission, Finance, BlackRock, of, Bank of New York Mellon Locations: San Francisco, LSEG .

☆ The Craig family in North Carolina lost 11 relatives in Helene’s flooding
▼ + stars: | 2024-10-11 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +3 min

CNN —As many families begin the emotionally taxing process of rebuilding their lives after Hurricane Helene’s devastating impact, one North Carolina family is grieving the overwhelming loss of 11 of its family members. Some of the family members were forced to watch helplessly as water and mud ravaged the homes, CNN affiliate WLOS reported. “My mother and father, my aunt and uncle, my great aunt and uncle – I’ve lost cousins, second cousins,” Jesse told WTVD. Bryan Craig speaks during an interview on October 9, 2024, in Fairview, North Carolina. WLOSFriend Steve Runion, described the Craigs as a “larger than life” family who were “pillars of the community” he told CNN affiliate WRAL.

Persons: Craig Family, WTVD, Helene, Jesse, Bryan Craig, Jesse Craig, he’s, “, – I’ve, ” Jesse, WLOS, Bryan, what’s, they’re, “ We’re, ” Bryan, Steve Runion, ”, ” Runion, WRAL Organizations: CNN, WLOS, WRAL Locations: North Carolina, Fairview , North Carolina, Florida, Southern

Trump and the Republican Party have made “an unprecedented lean in and targeting of African American men,” Belcher said. Yes, it’s absolutely smart on their side.”But, he said, recent polling shows a shift among Black voters in the last month and a half toward Harris' campaign. “We want to make sure that Black men are showing up to vote in numbers that we haven’t seen since Obama. So victory and success for us will be record numbers of Black men showing up to vote in November.”He said there has been an Obama-like energy with Harris. Has anyone ever heard of Barack Hussein Obama?” Trump said as the Scranton crowd lit up with boos.

Persons: Barack Obama, Kamala Harris, Obama, Harris, Donald Trump, “, ”, Jesse Lee, —, ” Lee, Republicans — Obama, Mitt Romney, ’, Paulette Aniskoff, ” Aniskoff, ” Eric Schultz, ” Schultz, ” Harris ’, Harris ’, Obama pollster Cornell Belcher, Joe Biden, “ She’s, Belcher, Trump, ” Belcher, Quentin James, ” James, MAGA, ” Trump, decry, Barack Hussein Obama, Democratic pollster Anna Greenberg, ” Greenberg, Hillary Clinton Organizations: Indian, Black, Biden White, Republicans, NBC News, Obama White House, Trump, Democrats, Republican Party, Collective PAC, GOP, Democratic Locations: SCRANTON, Pa, Pittsburgh, Pennsylvania, Philadelphia, Scranton, America

☆ Aaron Pierre and Kyle Chandler will lead HBO's 'Lanterns,' over a decade after Ryan Reynolds' widely panned 'Green Lantern.' Here's what to know.
▼ + stars: | 2024-10-10 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

HBO and DC Studios announced that Aaron Pierre and Kyle Chandler will lead the "Lanterns" TV show. The series will be the first major "Green Lantern" project since Ryan Reynolds' widely panned movie. AdvertisementHBO and DC Studios announced that Aaron Pierre and Kyle Chandler will lead the upcoming "Lanterns" TV show — the first major "Green Lantern" project since Ryan Reynolds' widely panned 2011 movie. In the comics, the Green Lantern Corps is an intergalactic police force, with each Lantern working to keep the peace across the universe. Related storiesAaron Pierre and Kyle Chandler play John Stewart and Hal Jordan, respectivelyAaron Pierre and Kyle Chandler will star in "Lanterns."

Persons: Aaron Pierre, Kyle Chandler, John Stewart, Hal Jordan, Ryan Reynolds, —, Reynolds, Zack Snyder's, Greg Berlanti, HBO Max, James Gunn, Peter Safran, Gunn, Safran, Green, Jesse Grant, Jon Kopaloff, Chandler, Jordan, 1grFjppkQe — James Gunn, Nathan Fillion, Guy Gardner, Pierre Organizations: HBO, DC Studios, Service, Green, Corps, Office Mojo, Warner Bros, DC, DCU, Hollywood, Green Lantern Corps Locations: American

☆ Stocks making the biggest moves premarket: Delta Air Lines, CVS Health, Nike and more
▼ + stars: | 2024-10-10 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Delta Air Lines – Shares fell nearly 5% after the airliner provided disappointing fourth-quarter revenue guidance . Delta anticipates revenue will rise between 2% and 4% from a year earlier, less than the 4.1% estimate, per LSEG. CVS Health – Shares of the pharmacy chain added 1.9% on the back on an upgrade to overweight from equal weight by Barclays. Specifically, the investment firm noted that the brand's share of mentions as a favorite is about 35% more than its overall market share. PayPal – The payments company fell 1.7% after Bernstein downgraded the stock to market perform from outperform.

Persons: Serge Saxonov, there's, Piper Sandler, Tesla, Bernstein, —, Alex Harring, Jesse Pound, Sarah Min, Pia Singh, Michelle Fox Theobald Organizations: Delta Air Lines, CVS, Barclays, GXO Logistics, Bloomberg, Logistics, Nike –, RBC Capital Markets, American, Group, JPMorgan, PayPal Locations: Americas

It was sold to Ramada in 1979 and, despite ownership changes, was operated as a budget-friendly resort until it closed. Now, as Las Vegas visitors demand more high-end experiences, the city is competing less directly with longtime gambling hubs such as Atlantic City, New Jersey, or Laughlin, Nevada, some 90 miles south of Sin City, Belarmino said. Prof. Nicholas Irwin, University of Nevada, Las VegasThe bargains may not be as close at hand as they once were. Alicia Muscs works at a travel agency in Las Vegas, where she moved from California this year. Unemployment in Las Vegas hit 6.7% in July, according to federal data, up from 5.7% the same month the year before and ahead of both the statewide rate (6.3% in July) and the national one (4.1% as of September).

Persons: Belarmino, Nicholas Irwin, ”, Belarmino’s, Alicia Muscs, Allie Leepson, Jesse McClary, Irwin Organizations: Tropicana, Ramada, University of Nevada, UNLV, Real Estate, Las Vegas, NBC Locations: Vegas, Atlantic City , New Jersey, Laughlin , Nevada, Sin City, Francisco and New York, Las, “, Clark County, New York, Las Vegas, California, Nevada, U.S

☆ Stocks making the biggest moves midday: Norwegian Cruise Line, Reddit, Chewy, Boeing and more
▼ + stars: | 2024-10-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Norwegian Cruise Line – Shares popped 10% on the heels of a Citi upgrade to buy from neutral. Citi said the company should see significant growth in earnings per share that can drive earnings upside and expand the margin. Reddit – The social forum stock gained close to 2% after Jefferies began coverage on the name with a buy rating. Helen of Troy – The housewares stock soared more than 19% after the company's second-quarter earnings beat Wall Street's expectations. Chewy – The pet product online retailer saw shares rising 3% after TD Cowen initiated coverage on the stock with a buy rating.

Persons: Jefferies, John Colantuoni, Rio, GitLab, Morgan Stanley, Helen of Troy –, Helen of Troy, FactSet, TD Cowen, Chewy, —, Alex Harring, Yun Li, Lisa Kailai Han, Jesse Pound Organizations: Cruise, Citi, Bayer – U.S, Washington Supreme, Sky Valley Education Center, Monsanto, Rio Tinto, Boeing –, Boeing, Department, Google Locations: Washington, Rio, U.S

☆ Stocks making the biggest moves premarket: Boeing, Alphabet, Blackstone, GitLab and more
▼ + stars: | 2024-10-09 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Reddit — Shares rose more than 2% after Jefferies initiated research coverage with a buy rating and a Sreet-high price target. Rio Tinto , Arcadium Lithium — The two minerals stocks moved in opposite directions after the companies announced a deal for Rio Tinto to buy Arcadium for $5.85 per share. Shares of Rio Tinto dipped 1.2%, while shares of Arcadium surged 30%. GitLab — Shares rose 5% after Morgan Stanley initiated research coverage of the software stock with an overweight rating . Chewy — Shares rose nearly 2% after TD Cowen initiated research coverage of the pet products retailer with a buy rating.

Persons: Jefferies, Blackstone — Piper Sandler, Morgan Stanley, Sanjit Singh, Nio, TD Cowen, — CNBC's Sean Conlon, Lisa Han, Alex Harring, Jesse Pound, Hakyung Kim Organizations: Boeing, Department, Rio Tinto, Federal, Cruise, Citigroup, Citi Locations: Rio, Arcadium, Nio —

With one of the most powerful hurricanes in a century barreling toward Florida on Tuesday, the Twin City mobile home park was already a scene of devastation because of Hurricane Helene. Twin City Mobile Home Park in Saint Petersburg, Fla., on Oct. 8, 2024. Jesse Hancock and Ria Blaight tried to salvage what they could Tuesday from their flooded home in Twin City mobile home park. Matt Lavietes / NBC NewsBut Pinellas Park, just north of St. Petersburg, is also in a mandatory evacuation area. I don’t care what kind of home.”Twin City Mobile Home Park in Saint Petersburg, Fla., on Tuesday.

Persons: Hurricane Helene, Milton, Matt Lavietes, Mark Prompakdee, Helene, “, ‘, ” Prompakdee, Jesse Hancock, Ria Blaight, Hancock, Blaight, ” Hancock, ” Blaight, “ It’s, ” Walter Smutz, Smutz, I’m, ” Smutz, Ninda Menegias, Ninda, Menegias, ”, Corky Siemaszko Organizations: — Homes, Twin, Twin City Mobile Home, NBC, ” Twin City Mobile Home, Management, NBC News, Lakeshore Management Locations: PETERSBURG, Fla, Florida, Twin City, Hurricane, Saint Petersburg, Pinellas Park, Park, St . Petersburg, ” Twin City, Skokie , Illinois, St . Petersburg , Florida, New York City

☆ Earnings reporting season starts this week and investors don't expect it to be great
▼ + stars: | 2024-10-08 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The third quarter earnings season will take its first big steps this week, but Wall Street has already been dialing back expectations for months. That shift could be a sign that Wall Street is losing confidence in corporate America. 7 and Other 493 earnings are expected to slow in 3Q, but Other 493 earnings are expected to re-accelerate to low-to-mid teens growth starting in 4Q, while Mag. PepsiCo reported mixed results for the third quarter on Tuesday, as the food and beverage company beat on earnings but saw softer sales numbers. Delta Airlines and JPMorgan Chase are some of the heavy hitters on deck for later in the week.

Persons: Ohsung Kwon, Kwon Organizations: Bank of America, 4Q, Microsoft, Nvidia, Tesla, Apple, PepsiCo, Delta Airlines, JPMorgan Chase Locations: America

☆ Working in corporate America burned me out, so I became an elementary school teacher
▼ + stars: | 2024-10-08 | by ( Jesse Gormley | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Inspired by his career change, I decided it was time for my own career change. My first position in my brand-new career began as a substitute teacher in the elementary school I attended as a child. AdvertisementTeaching was one of the hardest things I've doneWhen I state that teaching sixth grade was one of the hardest things I had to do, it's no exaggeration. In my fourth year of education, I've found myself working in a great elementary school with an equally wonderful staff and an administration that appears to appreciate my work.

Persons: —, hadn't, I've Organizations: Service

☆ CNBC Daily Open: U.S. economy’s fine, but markets driven by fear
▼ + stars: | 2024-10-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Brendan McDermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets are back to contending with rising oil prices, inflation possibly reaccelerating, fewer-than-expected rate cuts and potentially even a distant recession. The yield curve inverted in early July 2022 and normalized in early September. It's not inconceivable, then, for investors who take stock in what the yield curve signals to panic a little.

Persons: IXIC, Brendan McDermid, That's, Jeff Cox, It's, David Roche, Bob Parker, – CNBC's, Lisa Kailai Han, Jesse Pound Organizations: New York Stock Exchange, Reuters, CNBC, Quantum, International Capital Markets Locations: U.S

☆ CNBC Daily Open: Fear is the stock killer
▼ + stars: | 2024-10-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The yield curve inverted in early July 2022 and normalized in early September. It's not inconceivable, then, for investors who take stock in what the yield curve signals to panic a little. But there's an undercurrent of fear that can perhaps run contrary to what some of those numbers are saying.

Persons: Michael M, That's, Jeff Cox, It's, David Roche, Bob Parker, – CNBC's, Lisa Kailai Han, Jesse Pound Organizations: New York Stock Exchange, Santiago, CNBC, Quantum, International Capital Markets Locations: New York City, U.S

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