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Billionaire investor Bill Gross says the stock market's record-breaking run is set to slow. His favorite investments at the moment include MLP pipelines and municipal income funds. "No bear market, but it's not the same bull market anymore," Gross said, adding that equities are set for "low buy positive" returns going forward. He also sees municipal income funds as a worthwhile investment, as many have offered over 7% tax-free yields. Gross named the DWS Municipal Income Trust as one example but noted that there are between 20 and 30 others to choose from.
Persons: Bill Gross, , it's, Gross, MLPs, Kamala Harris, Warren Buffett Organizations: Service, Annaly Capital Management, Trust Locations: DWS
Brisbane, Australia CNN —A pilot who died when he crashed a helicopter into a hotel in Australia had “significant blood alcohol content” during the unauthorized flight, according to an official report into the incident. The pilot had been out with friends at various venues around Cairns and was seen consuming alcohol, according to witnesses and security camera footage, the report said. Cameras also caught the moment he positioned one of Nautilus Aviation’s Robinson R44 Raven II helicopters onto a helipad at Cairns Airport at around 1:30 a.m. local time. The report found they wouldn’t have seen a helicopter that was operating at night with no lights. It found the helicopter wasn’t upright when it hit the hotel, but there was also no sign of mechanical failure.
Persons: Australia CNN —, wasn’t, , Veronica Knight, Nautilus Aviation’s Robinson Organizations: Australia CNN, Hilton Hotel, Nautilus Aviation, Australian Transport Safety Bureau, ” Police, Nautilus, Cairns Airport, Australian Federal Police Locations: Brisbane, Australia, Cairns, Far North Queensland
I frequently cover shopping events like Prime Day, Black Friday and Cyber Monday as a writer for NBC Select, so I know how to find deals that are actually worth buying. SKIP AHEAD Best Prime Day sneaker deals | More Prime Day sneaker sales | Best sneaker sales at other retailers | How I picked the best sneaker deals | Why trust NBC Select? Best Prime Day sneaker deals4.4-star average rating from 9,217 reviews on AmazonThese trail running shoes are great for mixed terrain trails because they provide stability and support on all trails. 4.3-star average rating from 7,135 reviews on AmazonNew Balance makes some of our favorite women’s walking shoes, including this pair. Best Prime Day sneaker salesHere are the best Prime Day sneaker sales to know about.
Persons: sneaker, I’ll, Salomon, There’s, TikTok Organizations: NBC, Big Deal, Adidas, Amazon Reviewers, Amazon, Nike, Skechers, Deal, Facebook, Twitter Locations: men’s
Autonomous taxis are winning over women in cities like San Francisco by offering an answer to a long-standing concern about ride-hailing apps: misbehavior by human drivers, especially men. Now, those driver safety concerns are helping to fuel the popularity of autonomous taxis — especially for women traveling alone or at night. About three-quarters of Lyft and Uber drivers are men, according to industry and academic surveys. Lyft said in a statement to NBC News that it continues to try to improve safety, including with driver background checks, driver ratings, driver education and an emergency phone line for passengers. In 2023, Lyft started a feature, Women+ Connect, that allows women or nonbinary drivers to opt in to prefer riders who are women or nonbinary, and vice versa.
Persons: they’ve, Veronica Pastore, it’s, “ I’ve, ’ ”, Pastore, “ It’s, , they’d, they’re, Abby Vigil, she’s, Robotaxis, driverless, , Jason Munderloh, ” Waymo, Lyft, Uber, Waymo, ” Uber, Dara Khosrowshahi, Diana Taurasi, Megan Neese, Neese, Amazon’s, Elon Musk, Jayka Noelle, Noelle, TikTok, DaBabyBoomers, Cheryl Baxter, Beth Bowles Organizations: San Francisco, Gig Workers, Rider, NBC News, CNBC, Phoenix Mercury, Google, Motors ’, Tesla Locations: San Francisco, Lyft, San, , , U.S, Atlanta, Austin , Texas, Las Vegas, Phoenix, Los Angeles, Austin, Scottsdale , Arizona
A 74-year-old Colorado man was injured in his home by a black bear after the animal and its three cubs opened a partially cracked sliding glass door, authorities said. The attack Thursday in Lake City was the first bear attack in the state this year, according to Colorado Parks and Wildlife. The man who was injured responded by grabbing a chair and trying to direct the bear out the door, officials said. The sow and her cubs were euthanized after confirmation of their involvement in the attack, officials said. Last year, six bear attacks were reported across Colorado, according to Parks and Wildlife.
Persons: , “ It’s, Lucas Martin, Brandon Diamond, Organizations: Colorado Parks and Wildlife, Wildlife, Area, Parks and Wildlife Locations: Colorado, Lake City, ” Parks, Hinsdale County, Denver, Parks
The ultra-rich owners of the world's leading luxury brands took a hit to their fortunes on Tuesday. LVMH shares fell as much as 7% in Paris on Tuesday, slashing the value of his stake by about $13 billion, before paring their decline to 3%. Arnault ranked as the world's fourth-richest person with a $197 billion net worth at Monday's market close, per the Bloomberg Billionaires Index. Pinault was 83rd in the wealth rankings with a $24 billion fortune at Monday's close, down more than $11 billion this year. For example, the Dumas family owes most of its estimated $150 billion fortune to Hermès stock, which slid 3% on Tuesday.
Persons: Bernard Arnault, , LVMH Moët Hennessy Louis Vuitton, Dior, Arnault, François Pinault, Gucci, Kering, Pinault, Dumas, Johann Rupert's, Cartier, Piaget, Remo Ruffini isn't, Forbes, Chanel isn't, Alain, Gérard Wertheimer, they're Organizations: Service, Bloomberg Locations: LVMH, Paris, China, Monday's
The European Space Agency’s Hera spacecraft rocketed away on a two-year journey to the small, harmless asteroid rammed by NASA two years ago in a dress rehearsal for the day a killer space rock threatens Earth. Launched by SpaceX from Cape Canaveral, it’s the second part of a planetary defense test that could one day help save the planet. The 2022 crash by NASA’s Dart spacecraft shortened Dimorphos’ orbit around its bigger companion, demonstrating that if a dangerous rock was headed our way, there’s a chance it could be knocked off course with enough advance notice. Researchers want to know whether Dart — short for Double Asteroid Redirection Test — left a crater or perhaps reshaped the 500-foot (150-meter) asteroid more dramatically. ESA’s Hera mission lifted off on a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida on Monday at 10:52am.
Persons: there’s, Dart, Derek Richardson, Richardson, ESA Dart’s wallop, Hera, Ignacio Tanco, , , Ian Carnelli, It’s Organizations: NASA, SpaceX, NASA’s, ” University of Maryland, Cape Canaveral Space Force, ESA Locations: Cape Canaveral, Cape, Florida, Dimorphos, Darmstadt, Germany, Didymos
CNN —A European spacecraft and two shoebox-size satellites are about to launch to survey the aftermath from NASA’s DART mission, which intentionally slammed into an asteroid named Dimorphos and altered its orbit two years ago. The European Space Agency’s Hera mission is expected to lift off aboard a SpaceX Falcon 9 rocket at 10:52 a.m. The spacecraft and its two CubeSat companions are slated to arrive at the asteroid Dimorphos, and the larger asteroid it orbits named Didymos, in late 2026. NASA planned the DART, or Double Asteroid Redirection Test, mission to carry out a full-scale assessment of asteroid deflection technology on behalf of planetary defense. But many questions remain, including whether the DART spacecraft merely left behind a crater or if its momentum completely reshaped Dimorphos.
Persons: NASA’s, Hera doesn’t, , Patrick Michel, Hera, Berthier, Santana, Ros, Petrescu, Micheli, Milani, Andrea Milani, Michel said, Dimorphos, Michel, DRACO, ” Michel Organizations: CNN, SpaceX, NASA’s Kennedy Space Center, ESA, NASA, DART, National Centre for Scientific Research, Les, Italy’s University of Pisa, Science Locations: Florida, France, La Réunion, Dimorphos, Giza, Mars, Didymos
There’s not much that is relatable about Meghan, Duchess of Sussex: from her rise to British royal notoriety to her achingly aspirational lifestyle brand, American Riviera Orchard. But on Saturday, a rare opportunity for connection presented itself when Meghan arrived at the Children’s Hospital Los Angeles 2024 Gala in a red Carolina Herrera dress she had previously worn in 2021. Meghan wore a tailored version of her Carolina Herrera dress to the 2024 Children's Hospital Los Angeles (CHLA). CraSH/imageSPACE/Sipa USAMeghan first wore the gown to the Annual Salute To Freedom Gala on November 10, 2021 in New York City. Her red tailored Carolina Herrera dress and tousled hair epitomizes a more easy going approach to evening wear (when compared to her life as a working royal, of course).
Persons: There’s, Meghan, Duchess of, Carolina Herrera, Cate Blanchett, Gwyneth Paltrow, Billie Eilish, , Theo Wargo, Meghan —, Prince Harry, , Cartier, Giuseppe Zanotti, ” Meghan, , “ I’m Organizations: CNN, Children’s Hospital, Los Angeles, Invictus, LA Children’s, Magazine, CNN’s Royal Locations: Duchess of Sussex, Children’s Hospital Los, Carolina, New York, New York City, Germany, Nigeria, Colombia
The suspected drone crashed in eastern Ukraine, but the cause is still unknown. Losing one is not only a blow for Russia; it could be a big intelligence win for the West. AdvertisementUkrainian service members inspect parts of a Russian S-70 drone in eastern Ukraine on October 5. AdvertisementRussia's S-70 drone is seen taking off at an unidentified location in August 2019. AdvertisementUkrainian scene investigators examine the suspected S-70 wreckage in eastern Ukraine on October 5.
Persons: , Russia hasn't, Nuzhnenko, Russia's, AP Samuel Bendett, Bendett, ROMAN PILIPEY, Hunter, Lockheed Martin Organizations: Service, Kyiv, NATO, Radio Free, Radio Liberty, Institute for, Russian Defense Ministry Press Service, AP, Center for Naval Analyses, Business, Getty, Lockheed Locations: Russia, Ukraine, Moscow, Kostyantynivka, Ukraine's Donetsk, Russian, Radio Free Europe, AFP
The suspected drone crashed in eastern Ukraine, but the cause is still unknown. Russia hasn't built very many of the S-70 Okhotnik-B (Hunter) drones, which made their combat debut during the ongoing Ukraine war. AdvertisementUkrainian service members inspect parts of a Russian S-70 drone in eastern Ukraine on October 5. AdvertisementRussia's S-70 drone is seen taking off at an unidentified location in August 2019. AdvertisementUkrainian scene investigators examine the suspected S-70 wreckage in eastern Ukraine on October 5.
Persons: , Russia hasn't, Nuzhnenko, Russia's, AP Samuel Bendett, Bendett, ROMAN PILIPEY, Hunter, Lockheed Martin Organizations: Service, Kyiv, NATO, Radio Free, Radio Liberty, Institute for, Russian Defense Ministry Press Service, AP, Center for Naval Analyses, Business, Getty, Lockheed Locations: Russia, Ukraine, Moscow, Kostyantynivka, Ukraine's Donetsk, Russian, Radio Free Europe, AFP
Last month, the Federal Reserve cut its benchmark interest rate by half a percentage point and signaled that more cuts are coming. He hopes interest rate cuts will increase his buying power. Mortgage rates have steadily fallen in anticipation of further interest rate cuts from the Federal Reserve. Mortgage rates have steadily fallen in anticipation of further interest rate cuts from the Fed, with the average 30-year fixed mortgage rate dropping to 6.12% in the week ended October 3, according to Freddie Mac. “Even a decent interest rate today far exceeds what we’ve been planning and budgeting on since we bought this home,” said Tony, who said his interest rate was 3.75%.
Persons: Robert Galvez, , Galvez, , ” Galvez, Kamala Harris ’, homebuyers, Brandon Bell, Tony, Freddie Mac, it’s, Safiya Reid, Nico Williams, Reid, Nico Williams “ I’m, ” Reid, she’s Organizations: CNN, Federal Reserve, National Association of Realtors, Federal Housing Administration, NACA Locations: New Hampshire, Atlanta, Okinawa, Japan
CNN —An elderly man narrowly escaped with his life after a harrowing attack by a bear and her three cubs in his own home. “It’s certainly lucky we didn’t have a fatality,” Colorado Parks and Wildlife officer Lucas Martin said. Dating back to 1960, there have been 96 reported bear attacks on humans in the state. Experts urge different approaches during bear attacks: If a grizzly or brown bear charges, play dead, the National Park Service said. But if black bears – like the ones who entered the elderly man’s home – charge and attack, the park service warns to “fight with everything you have.”“Do not play dead.”
Persons: “ It’s, Lucas Martin, They’ll, Brandon Diamond, , ” Diamond, , ” Martin, Organizations: CNN, Colorado Parks, Wildlife, Colorado Parks and Wildlife, Parks, National Park Service, National Library of Medicine Locations: Lake City , Colorado, Colorado, Hinsdale County, Lake City, North America, United States
Internet personality Jack Doherty crashed his $200,000 McLaren during a livestream this weekend after appearing to look at his phone while driving in the rain. A YouTuber with nearly 15 million subscribers, Doherty, 20, is known online for his controversial prank videos and wealth flaunting. Doherty also shared clips of the aftermath, including a video of him screaming for help inside the vehicle immediately after the crash. Doherty also shared a clip of the two sitting in a hospital room, where his cameraman was getting stitches on his head. While driving his brand-new convertible for the first time, Doherty joked in the video that he’s going to “crash this car, mark my words.”
Persons: Jack Doherty, Doherty, , “ Michael, Michael, , McLaren, ” Doherty Organizations: McLaren, , YouTube, Lamborghini
New York CNN —The deal reached Thursday evening that ended a strike by 50,000 portworkers has a lot of winners and few if any losers. But that wage deal stopped what could have become the most disruptive US strike in decades had it lasted weeks or months. The strike halted the flow of imports and exports across dozens of ports, what could have been a massive blow had the strike continued. Not that this was the deal that the the United States Maritime Alliance, the group that negotiates on behalf of ship lines, terminal operators and ports, wanted. But it was the one they could settle for after the Biden administration made clear it wasn’t going to intervene.
Persons: portworkers, Harold Daggett, Daggett, Sal Mercogliano, , ” Mercogliano, Mercogliano, Bryan R, Smith, Biden, Joe Biden, Taft, Hartley, Kamala Harris, Pete Buttigieg —, Democrats ’, Julie Su, , Organizations: New, New York CNN, International Longshoremen’s Association, ILA, Campbell University, National Retail Federation, United States Maritime Alliance, Getty, Transportation, Democrats, Labor Locations: New York, West Coast, AFP, New Jersey
That opportunistic vocalist was named Otis Redding, who received a star on the Hollywood Walk of Fame on Friday. Jimmy Jam, a music producer and the master of ceremonies for the unveiling of the star, lauded Redding as legendary. Santiago started off by thanking Zelma Redding, Otis Redding's wife, who attended the ceremony. But this means the world, that here we are, traveling all the way to the West Coast for this honor that will live on forever as the legacy of Otis Redding does," Redding-Andrews said. “I am not a blues singer or an R&B singer,” Redding once said.
Persons: Johnny Jenkins, Jenkins, Otis Redding, Jimmy Jam, Redding, Jam, Michael Santiago, Mike, Santiago, Zelma Redding, Otis Redding's, Martin, Coretta, Malcolm, Betty, Otis, Coretta Scott King, Betty Shabazz, Martin Luther King Jr, Malcolm X, Karla Redding, Redding's, , , ’ ”, Andrews, , Rolling, Little Richard’s, Carla Thomas, Phil Walden, Bob Dylan, Janis Joplin, “ Otis Redding, Bill Graham, ” Redding Organizations: Stax Records, Stax, Hollywood, Rolling Stone, Memphis DJ, Fillmore, Monterey Pop Festival Locations: Memphis, Andrews, West, Macon , Georgia, Georgia, San Francisco, Los Angeles, Sausalito, Madison, Wis, Monterey
CNN —Up to 600 people were shot dead in a matter of hours by al Qaeda-linked militants in an August attack on a town in Burkina Faso, according to a French government security assessment that nearly doubles the death toll cited in earlier reports. A series of coups across Mali, Burkina Faso and Niger led to the departure of French and American forces. The Russian mercenaries summoned by the juntas to bolster their grip have instead left a vacuum in which jihadists have thrived, says the assessment, given to CNN by a French security official. A view of the town of Barsalogho, Burkina Faso, where up to 600 people were killed by al Qaeda-linked militants in an August attack, according to a French government security assessment. CNN has reviewed videos of the alleged cannibalism that seem to show Burkina Faso soldiers dismembering and holding up body parts of apparent dead jihadists.
Persons: al, Nusrat al, JNIM, , jihadists, , I’m, Fear, Ibrahim Traore, Zero ”, Burkina Faso’s, Traore, , Wagner, group’s, Yevgeny Prigozhin, Donat Sorokin, Organizations: CNN, Getty, United Nations, Reuters, , Burkina Faso’s, Civil Service, Labs Inc, Rapid Locations: al Qaeda, Burkina Faso, Barsalogho, Africa, Islam, Mali, Sahel, West Africa, United States, jihadists, Niger, Tawori, Bamako, Burkina, France, Moscow, Ukraine, Ouagadougou, Russian, Russia, Saint Petersburg, BIR, Togo, Kompienga, Togolese, Qaeda
A couple, badly hurt in an Uber crash, can’t sue the company because their daughter once waived trial rights while using Uber Eats — a fateful click that prevents the family from suing the tech giant, a New Jersey appellate court ruled. But the court ruled that the couple cannot sue the tech giant because their daughter, a minor, once checked a box while using her mother’s phone to order a pizza on Uber Eats, agreeing to waive trial rights. Georgia and John McGinty. And even before that pizza order, the company said, Georgia McGinty had previously clicked through Uber’s fine print, agreeing to waive a jury trial. John McGinty suffered a fractured sternum and severe fractures to his left arm and wrist, leading to a bone graft.
Persons: can’t, John McGinty, , Georgia McGinty, John, Evan Lide, ” Lide, “ That’s, ” Georgia McGinty, , , NBC’s Organizations: “ Georgia, NBC News Locations: New Jersey, Georgia
Eventually, "Argo" was released and went on to win an Oscar, and McNairy did, of course, work again. "You truly do feel like you're never going to work again because you've seen it happen where people just kind of stop working." Just keep your head down and focus on the work and don't change what you're doing based on other people's opinions. AdvertisementOn Quentin Tarantino's obscure film taste and how his partner helped him retool his 'Nightbitch' performanceMcNairy in "Nightbitch." I sent in a tape, and all the feedback I got was, "Wow, he really, really likes it, but he's got somebody else in mind for the role."
Persons: Brad Pitt, Ben Affleck, auteurs, Quentin Tarantino, David Fincher, He's, James McAvoy, Amy Adams, he'd, McNairy, Ray Liotta, James Gandolfini, I'd, decamping, Guy Pearce, Robert Patison, Oscar, Mackenzie Davis, Alix West Lefler, Susie Allnutt, you've, Sosie Bacon, Bacon, , Quentin Tarantino's, retool, You've, he's, Quentin, Amy, I've, Variety, Mari, Heller, Sosie, Tina Rowden, Chris Rogers, Chris Cantwell, would've, We'll, it's, I'm Organizations: Hollywood, Oscar, Universal Pictures, Weinstein Locations: Mexico, Texas, Hollywood, California
New Tesla Cybertruck vehicles parked at a logistics drop zone in Seattle, Washington, US, on Thursday, Aug. 22, 2024. Tesla said on Thursday it would recall most Cybertrucks in the U.S. due to delayed rear-view camera images that could impair driver visibility and increase crash risks, adding that a software update would resolve the issue. The recall covers more than 27,000 Cybertrucks, Tesla said in a report filed with the U.S. National Highway Traffic Safety Administration. The Cybertruck's system in the affected vehicles may not complete a shutdown process before it is commanded to boot up, resulting in a delay in displaying the rear-view image, Tesla said. Tesla earlier this year recalled most Cybertrucks in the U.S. over issues with their windshield wipers and exterior trim.
Persons: Tesla Organizations: Tesla, U.S . National, Traffic Safety Administration Locations: Seattle , Washington, US, U.S
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JPMorgan sees the stock drifting even lower, by as much as 48% to its $130 price target. AdvertisementJPMorgan raised its price target for Tesla stock — but the bank still sees shares of Elon Musk's electric carmaker falling almost 50% in the coming year. Tesla stock is down 7% since it reported third-quarter vehicle deliveries on Wednesday, but JPMorgan thinks it can go much lower. In a Thursday note, the bank set its December 2025 Tesla stock price target to $130, representing potential downside of 48% from Wednesday's close. AdvertisementJonas has a $310 price target for Tesla stock, more than double Brinkman's $130 target.
Persons: Tesla, , Ryan Brinkman, Brinkman, Dan Ives, Elon Musk, that's, Adam Jonas, Morgan Stanley, Jonas Organizations: JPMorgan, Service, Elon, Wall, Toyota Locations: Wednesday's
Unlike the southern suburbs and other parts of the country, there was no warning to evacuate this Shia-majority neighborhood. Families fleeing the central Beirut strike on Thursday streamed into the mosque’s grounds. But I don’t have the energy to be displaced again.”The Mostafa family from the southern Beirut suburbs share three mattresses amongst themselves amid the mosque’s looming colonnades. Israel’s war cabinet said it aimed to repatriate 60,000 people displaced by Hezbollah’s rocket fire in the country’s northern-most territory. Mahdi had fled his home in the southern Beirut suburbs to west Beirut and was taking a job around his old campus.
Persons: Israel, Israel –, cradled, Mohammad al, Amin, Joseph Campbell, , Fatima, Mostafa, Mostafa Mostafa, , Mahdi, “ They’re, Hadeel Organizations: Lebanon CNN, Islamic Health Authority, Hezbollah, Families, Reuters, CNN, American University of Locations: Beirut, Lebanon, Israel, Gaza, Iran, American University of Beirut
The Chrysler Building, a renowned gem of NYC, is the latest victim of the office apocalypse. AdvertisementThe Chrysler Building, a long-admired gem of New York City's skyline, could be the latest victim of the nationwide office collapse. AdvertisementThe website for RFR Holding, a private real-estate-management company, still features the Chrysler Building. Business Insider could not immediately reach RFR Holding or its attorneys on Thursday. What that means for the iconic Chrysler Building — and the rest of the New York City skyline — remains to be seen.
Persons: Cooper, , John Ruth, RFR, Terrence Oved, Darren Oved, Morgan Stanley Organizations: Chrysler, Cooper Union, RFR, Service, Street Journal, Business, Seagram, Journal, New Locations: York, Lexington, New York, California , Texas , New Jersey, Florida, New York City
New York CNN —Tesla is recalling roughly 27,000 Cybertrucks because of a rearview camera issue that delays the image being displayed on the dashboard, increasing the risk of a crash. The rearview display might appear blank for up to 8 seconds when the Cybertruck is put in reverse, according to a filing from the National Highway Traffic Safety Administration (NHTSA). Tesla has released a free, over-the-air software update to fix the issue. In January, Tesla issued a software recall for 2.2 million of its vehicles, including Cybertrucks, because letters on warning lights were too small to easily read. Tesla this week reported an increase in sales for the first time this year, although its year-to-date sales still trail the same period in 2023.
Persons: New York CNN — Tesla, Tesla, Organizations: New, New York CNN, National, Traffic Safety Administration, NHTSA Locations: New York
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