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In today's big story, the stock market has officially enjoyed a bull rally for over two years. The big storyBullish on the bull marketNoam Galai/Getty ImagesHappy belated birthday to the stock market's bull rally! Stock market experts who spoke with Business Insider's Matthew Fox don't see things slowing down anytime soon . In fact, the average bull market lasts longer than five years, so we might not even be halfway to the finish line. The actual stock market is healthier, too, as it's no longer reliant on the Magnificent Seven's performance.
Persons: , Noam Galai, Insider's Matthew Fox, Chelsea Jia Feng, we've, Alex Brandon, Jamie Dimon, Ken Griffin, he's, Republican megadonor hasn't, BlackRock, Jett Lara, Augustus Doricko, Doricko, Roblox, Natalie Ammari, Inflation's, Z's, It's Elliott Hill's, Hill, It's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Nasdaq, Dow Jones, Stock, Insider's, JPMorgan, Republican, Citadel, Wall, Menlo Ventures, Nike, Columbus, District of Columbia Locations: Chelsea, Ukraine, El Segundo , California, a16z, New York, it's, Italian American, London
If you're part of an online bank, transactions aren't processed on holidays. We've included a list of holidays when most banks (including the best banks in the U.S) close, plus alternatives for accessing cash if you need money quickly. Others, like TD Bank and Regions Bank, have separate pages with bank holiday schedules. Most banking transactions don't process on bank holidays, regardless of whether you use an online or brick-and-mortar bank. Transactions at brick-and-mortar banks like Chase, Wells Fargo, and Bank of America won't be processed until the next business day.
Persons: We've, Martin Luther King, Jr, doesn't, Sophia Acevedo, Sophia, Axel Springer, Education Sophia, Kit Pulliam, They’ve, Kit Organizations: Federal Reserve, Columbus, Indigenous Peoples, TD Bank, Regions Bank, Ally Bank, Bank of America, Business, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles, Pulliam, Tax, MSN, Vanderbilt University Locations: U.S, Chase, Wells Fargo, California
Meta is sharing new advice for creators on Threads about engaging content and how often to post. We spoke with Meta's head of Threads about what the platform is advising creators to do on the app. If there's one takeaway that Dalton Smith has for creators using Threads, it's that they should remember it's "a real-time conversation app." Advertisement"Most of the content will be distributed in just a few hours over the course of the day," Dalton Smith told BI. Here are five takeaways from BI's conversation with Meta's Emily Dalton Smith:
Persons: , here's, Katie Notopoulos, Adam Mosseri —, Mosseri, Emily Dalton Smith, Dalton Smith Organizations: Service, Meta
Tesla's robots serving drinks and talking to guests at the "We Robot" were partly controlled by humans. Please be nice to the Optimus robots. Tesla's Optimus robots walked into the spotlight at the company's "We, Robot" event. Videos of guests' interactions with the Optimus robots posted online underscored that humans were involved. Tesla has said it's already deployed two Optimus robots on its factory floor, though it is unclear what tasks they are completing.
Persons: Tesla, , Elon Musk, Optimus, Musk, you'll, livestream Morgan Stanley, I'm, Jeremy Judkins, Josh Wolfe, it's Organizations: Service, Optimus, Lux Capital, Tesla
Insider Today: Robotaxi reality check
  + stars: | 2024-10-13 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
On the agenda today:But first: Elon Musk's robotaxi got lost on the way to Wall Street. This week's dispatchTesla's upcoming Robotaxi TeslaRobotaxi dreams meet Wall Street realityElon Musk unveiled Tesla's robotaxi, along with a robovan and updates to its humanoid robot, at a flashy event in Los Angeles this week. Wall Street wasn't buying it. AdvertisementIt's tough to bet against Elon Musk, as many on Wall Street have discovered. Wall Street is taking note, and Amazon could soon face pressure to return some of its cash with buybacks or dividends.
Persons: , Microsoft's, Elon Musk's robotaxi, Tesla, Elon Musk, Musk, Alyssa Powell, Anand Selva, He's, who've, Selva, Chelsea Jia Feng, that's, Natalie Ammari, Vishal Persaud, SunPower, it's, Ibrahim Rashid Organizations: Business, Service, Warner Bros, Detroit, Elon, Citi Citi Bank, Getty, Citi, Big, Microsoft Locations: Los Angeles, Burbank, America
Insider Today: Hallways are disappearing
  + stars: | 2024-10-12 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 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. More of this week's top reads:AdvertisementThe Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Chelsea Jia Feng, Imani Bashir, it's, Bashir isn't, They've, Rebecca Zisser, Issa Issa Rae, Issa Rae, There's, Rae, Issa Rae's, Cate Blanchett, Kevin Kline, Menendez, Ryan Murphy, Jose, Kitty Menendez, Lyle, Erik, Abbott, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, BI, DC, Getty, HBO, Apple, Netflix, ABC Locations: Mexico, Washington, Hulu, New York City, New York, Chicago
Uber and Lyft drivers in Florida saw gas shortages and obstructed roads before and after Milton. After making landfall in Florida, Hurricane Milton caused at least 14 deaths and left millions without power. In the days preceding the storm, some Uber and Lyft drivers went from transporting beachgoers to helping residents flee their communities — before eventually fleeing themselves. Related storiesTrent T., 50, drives independently for his own transportation company and for Uber and Lyft in South Florida. Are you an Uber or Lyft driver in a hurricane-impacted area who's willing to share your story?
Persons: Milton, , Sergey, Hurricane Helene, Florida , Hurricane Milton, Hurricane Milton, Uber, Fort, Lyft, Trent, Blaine, Yvonne, Charles P, Orlando —, I'm, Charles Organizations: Service, BI, Hurricane, Florida Division, Emergency Management, Tampa, Drivers, jzinkula Locations: Florida, St . Petersburg , Florida, Hurricane, Florida , Hurricane, St . Petersburg, Clearwater, Orlando, Fort Myers, Sarasota, Tampa Bay, South Florida, Milton, Tampa, Ocala —, Savannah , Georgia, Titusville —
Japan Airlines has offered free domestic flights to international tourists visiting Japan. AdvertisementJapan Airlines is giving free domestic flights to international tourists, making travel to smaller cities and hidden gems far easier. In order to obtain the free tickets, passengers must book round-trip international flights with Japan Airlines and domestic flights within the same purchase. PHILIP FONG/Getty ImagesThe move came after complaints about the behavior of international tourists, including littering and bad parking. Greenfield-Turk said Japan Airlines' initiative has the potential to stretch the economic benefits of mass tourism to less-visited areas.
Persons: , Sara Aiko, Aiko, Marco Bottigelli, Ben Julius, Julius, PHILIP FONG, Duncan Greenfield, Turk, There's, Amy Thomasson, Travelmation, Thomasson, Monica Humphries Organizations: Japan Airlines, Service, Japan, Tourist Japan, Mount, BBC News, Turk, World, Tourism Council, Employment Locations: Japan, Tokyo, Kyoto, Canada, Mexico, Thailand, Australia, New Zealand, Vietnam, Philippines, Indonesia, India, China, Taiwan, Osaka, overtourism, Yamanashi, Mount Fuji, Greenfield
Dylan O'Brien told Men's Health his safety concerns over a stunt in "The Maze Runner" were ignored. AdvertisementDylan O'Brien claimed his concerns that a stunt on "The Maze Runner: The Death Cure" wasn't safe were ignored, resulting in an accident that left him needing reconstructive surgery. In 2016, O'Brien filmed a stunt for the third film, "The Death Cure," where he was meant to jump between two vehicles. In 2020, O'Brien told Deadline that recovery was a "rough and long road" and he felt "fucking broken." Representatives for Wes Ball, the director of "The Maze Runner: The Death Cure," and 20th Century Studios did not immediately respond to Business Insider's request for comment.
Persons: Dylan O'Brien, Men's, O'Brien, , Michael Keaton, Netflix's, Dan Akroyd, I've, Wes Ball, Alec Baldwin, Halyna Hutchins Organizations: Service, Men's, Century Studios Locations: California
Hurricane Milton's insured losses could cost between $30 billion and $50 billion, said analysts. AdvertisementHurricane Milton stormed Florida on Wednesday, leaving an estimated $30 billion to $50 billion of insured losses, according to analysts from Fitch Ratings in a Thursday note. Milton's insured losses could range from $30 billion to $50 billion, according to Fitch, making it the largest since Hurricane Ian in 2022, which caused $60 billion in damages. According to a September report by Moody's Analytics, Hurricane Helene's insured losses were between $20 billion and $34 billion. Fitch analysts said local insurers might face insufficient reinsurance coverage to handle the losses and drive up premium rates.
Persons: , Hurricane Milton, Milton, Alejandro Mayorkas, Fitch, Ian, Morningstar DBRS, Jefferies, Ron DeSantis, Helene Organizations: Service, Hurricane, Fitch, US Homeland, White, Morningstar, Reuters, Analytics, National Hurricane Center, Gov, Moody's Analytics, P, Global, Swiss RE Locations: Florida, Tampa, Swiss, Fitch
Furthermore, it's the only credit card that allows me to gift airport lounge access to four people for free by adding them as authorized users on my credit card. I Earn 2% Back on Therapy with my Capital One Venture X Rewards Credit CardI primarily use my Capital One Venture X Rewards Credit Card on transactions that don't earn bonus points on another card. Capital One Venture X Annual Fee and Other CostsThe Capital One Venture X Rewards Credit Card charges a $395 annual fee (rates and fees). Capital One Venture X Frequently Asked QuestionsIs the Capital One Venture X worth it? Yes, it's possible to get approved for the Capital One Venture X Rewards Credit Card if you already have the Capital One Venture Rewards Credit Card open.
Persons: I've, cardholder, Miles, Chase, LifeMiles, Smiles, Red, Wyndham, cardholders, Cardholders, I'm, You've, Jasmin Baron, Read, Angela Fung Organizations: Business, Venture, Capital, One, Chase, Five, U.S, American, American Express, Chase Sapphire Reserve, Aeromexico Club, Air Canada, Air France, KLM, Blue, British Airways Executive Club, Cathay, Emirates, Etihad, Qantas Frequent, TAP Air Portugal Miles, Turkish Airlines Miles, Wyndham Rewards, Collection Hotels, Premier, Resorts, Chase Travel, Marriott, TSA, Hertz, Cell, Travel Insurance, One Venture, Mastercard, Chevron, Finance Locations: Taiwan, Cathay Pacific Asia, Singapore, Canada
X can operate in Brazil again, after an August ban over noncompliance with court orders. But its return to Brazil was further delayed after the court said that X had transferred the $5 million to the wrong bank. In X's Wednesday X post, the company said that it would continue to defend free speech "within the boundaries of the law." Related storiesThe country is key to X's business — it's the sixth-largest market globally, with over 21.5 million users, Reuters reported in September. X did not respond to a request for comment sent by Business Insider outside business hours.
Persons: , Elon, Alexandre de Moraes, X, Musk, de Moraes, De Moraes, Matteo Ceurvels, eMarketer, Axel Springer Organizations: Service, Supreme, Reuters, Associated Press, Business, Business Insider Locations: Brazil, China
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Persons: Smart, Samantha Crozier raved, I'm, Stanley doesn't Organizations: Business, Stanley, FlexBrew, Hamilton Locations: Amazon
Insider is putting together a list of the best up-and-coming venture capitalists of 2024. Go to newsletter preferences Thanks for signing up! AdvertisementWe are seeking nominations for Insider's yearly list of rising stars of venture capital, and we want to hear from you. We're looking for US-based venture capitalists who are working hard to find and fund the next big startups. In the past, we've had people with various roles and experiences from VC funds like Founders Fund, Greylock Partners, Lightspeed Venture Partners, Tiger Global, and Spark Capital.
Persons: , we've Organizations: Service, Founders, Greylock Partners, Lightspeed Venture Partners, Tiger Global, Spark
A new study suggests human life expectancy is plateauing. In 2022, life expectancy in the US was 77.5 years, but values vary across states. Hawaii has the longest life expectancy, while Mississippi has the shortest. On Monday, Nature Aging published an analysis suggesting human life expectancy is plateauing after decades of progress. AdvertisementUsing the CDC's National Center for Health Statistics 2021 report — the most recent CDC state data available — here are the five states with the longest life expectancies and the five states with the shortest.
Persons: , Jay Olshansky, Hilary Brueck, We've, expectancies Organizations: Service, Aging, University of Illinois, CDC's National Center for Health Statistics, National Center for Health Locations: Hawaii, Mississippi, Chicago
Maggie Hulce is Indeed's chief revenue officer and a member of BI's Workforce Innovation board. Cross-functional understanding, Hulce said, is an essential skill for today's C-suite as executives navigate the innovation juggernaut of artificial intelligence. How are you and other business leaders driving AI adoption in companies? You can have lots of different functional leaders who grew up in and have expertise in their function — but when you're solving customer problems, you're solving operational problems. These are customer problems, end to end.
Persons: Maggie Hulce, , Hulce, Chris Hyams, it's Organizations: Service, Business, Pathfinder, Companies, Technology
In today's big story, we got our first interest-rate cut, but it doesn't feel like it for many consumers . We finally got an interest-rate cut, but borrowing costs are still high. First off, last month's interest-rate cut wasn't going to provide immediate relief. Yes, the average 30-year fixed mortgage rate has gone up 47 basis points since the Fed cut rates , writes BI's Matthew Fox. So the Fed cut rates but borrowing costs went up?
Persons: , Milton, Alyssa Powell, isn't materializing, Jennifer Sor, Let's, BI's Matthew Fox, I'm, It's, BI's James Rodriguez, who's, Warren Faidley, Hurricane Milton, Hindenburg, Chelsea Jia Feng, Vinod Khosla, OpenAI, Mark Zuckerbergs, Gen Zers, haven't, Rebecca Zisser, Elon Musk's, Tesla, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Gas, Hindenburg, Tech, DOJ, Google, Walt Disney World, Hurricane Milton, Federal Reserve, Fed, Treasury, Hurricane, Energy, Futures, Bank of America, Disney Locations: Florida, Warren, Tampa, Chelsea, Robotaxi, Hurricane, New York, London
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAnother hurricane is expected to hit Florida as the state continues recovering from Hurricane Helene. CHANDAN KHANNA/Getty ImagesBack-to-back hurricanes represent the latest problem for a real-estate market facing buyer's remorse. It's representative of the extremes the Sunshine State's real-estate market has faced in recent years. One Florida resident whose home sustained almost three feet of water damage from Helene cut their listing price by 40%.
Persons: , Hurricane Milton, Ron DeSantis, Jane Castor, It's, Helene, CHANDAN KHANNA, Jordan Pandy, Dan Latu, Madeline Berg, it's Organizations: Business, Service, Florida Gov, Moody's, FEMA, Small Business Administration Locations: Florida, Hurricane, Tampa Bay, Tampa, Milton, Texas
Last spring, my friends and I accidentally rented an electric car on a trip to Italy. I hopped on Google to figure out how people manage life with electric cars when they take so long to charge. A high-voltage charger would take just 30 minutes to get our car's battery to 80%. AdvertisementAfter seeing our confused faces, she clarified that we were getting an electric car. Our car's battery was nearly dead, so we figured we might as well take advantage of the forced stop and explore the town.
Persons: , Monica Humphries, hadn't Organizations: Service, Google, EV Business, Milano Linate Locations: Italy, Lake Como, Florence, Milano, Piacenza, it's, Italy's Emilia, France, touristy Florence, Sasso Marconi
A credit card cash advance allows you to withdraw cash from your credit card's credit limit. Understanding Credit Card Cash AdvancesWhat Is a Credit Card Cash Advance? If you don't have a zero-interest credit card offer available, it could be worth applying for a credit card like the Citi® Double Cash Card or the Citi Simplicity® Card . A credit card cash advance borrows cash against your credit card's line of credit. We reviewed dozens of credit cards to bring you our top recommendations (read more about how we rate credit cards here).
Persons: it's, Cash, Sheryl Nance, Nash Sheryl Nance, Nash, Read Organizations: Business Insider, Citi, Cash, Quicken, Money Magazine, The New York Times, Newsday Locations: New York
View at Amazon What we like Check mark icon A check mark. Very affordableCheck mark icon A check mark. Lifetime warrantyCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Thick corner elastic bands keep the fitted sheet on the mattressCheck mark icon A check mark.
Persons: We've, Sijo, shams, Pick Casper, Doesn't, Mila Shaggy Organizations: Business, Amazon, Prime, FSC, Ugg, Coop, Casper, Pillow, sherpa Locations: LinenSpa
Tech: Amazon's Prime Day kicks off tomorrow, and there are some deals on surprising items . Amazon's Prime Day kicks off tomorrow, and there are some deals on . Getty Images; Jenny Chang-RodriguezWe've already got one indication companies are in good shape: Friday's blockbuster jobs report . But another blowout report — 250,000 jobs added and at least 4% wage growth — could lead the Fed to reconsider its easing policy. In addition to the usual Prime Day gadgets, like TVs and Airpods, Amazon is dishing out deals on tents, pocket knives, and chainsaws.
Persons: , Jenny Chang, Rodriguez, Matthew Fox, we'll, Rodriguez We've, there's, Philipp Carlsson, Chelsea Jia Feng, haven't, Donald Trump's, Tyler Le, John Tomac, that's, boomers, They're, Gen Xers, Gen Zers, Kamala Harris, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, . Tech, Amazon's, Pfizer, Wall Street, JPMorgan, Wells Fargo, Big Tech, Getty, Fed, Boston Consulting, Trump Media, Microsoft, BI, pharma, CBS, ASEAN Locations: Israel, fintech, Vientiane, Laos, New York, London, Chicago
Wall Street's top performers are hard workers who tend to work long, intense hours. Business Insider asked its 2024 class of Wall Street stars about how they stay mentally sharp. Here's what we learned about the hacks, habits, and routines that help top talent on Wall Street stay on their game. The routine helps him stay present with his home life as well as work, he added. But I think those two things help me to at least stay recharged and stay ready each day," he said.
Persons: , Mark Zhu, Craig Kolwicz, Goldman Sachs, Corey White, Nina Gnedin, Blake Cecil, Chi Chen, Robert Sapolsky, Justin Elliott, Read, Palmer Osteen, KKR's, I've, That's, Daniela Cardona, America's White, Ben Carper, it's, there's, Matthew Eid, Holm, Reinhard Dirscherl, Melissa Ding, Wells, Annie Cheslin, she's, Margaret Williams, Morgan Stanley, Williams, Apollo's Austin Anton, Erica Wilson's, deadlifted, Harrison DiGia, Patrick Lenihan, barre, Elizabeth Stone Redding, Stone Redding, Matt Gilbert, Thoma, Gilbert, I'm, Dan, Feroz Khosla, isn't Organizations: Business, Service, Blackstone, Finance, Goldman, of America, Man Group, Productivity, Bridgewater Associates, Bank of America, Fidelity Investments, RBC, Bank, America's, Jefferies, Capital Advisory, Ares Management, Getty, BlackRock, Blue, General Atlantic, JPMorgan Asset Management, TPG, Thoma Bravo, Citadel Securities Locations: Blackstone, Chicago, San Francisco, Coast, Boston, Silicon Valley, New York, I'm, Maldives, he's, Thailand, Central Park
Insider Today: Consultants hit the exits
  + stars: | 2024-10-06 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
This post originally appeared in the Insider Today newsletter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This week's dispatchHot jobs reportgradyreese/Getty, Tyler Le/BIThe US economy added way more jobs in September than expected. AdvertisementThe jobs report on Friday showed 254,000 jobs added, way ahead of the 147,000 expected, while unemployment dropped to 4.1%. Here's what it all means:Rates: The strong job numbers likely mean a longer wait for lower rates.
Persons: , Tyler Le, Kamala Harris, Donald Trump, Joe Biden, Harris, Alyssa Powell, Marc Rowan, Apollo, Rowan, Natalie Ammari, Scooping, Van Cleef, Morgan Stanley Organizations: Business, Service, UC Berkeley, Fed, Dow, Deloitte, Accenture, Reuters, Apollo Management, Apollo, JPMorgan Locations: Zegna, Bridgewater
The Acura TLX Type S is a high-performance variant of Acura's TLX compact luxury sports sedan. 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 . Since the NSX sailed off into the sunset in 2022, the TLX Type S has taken up the mantle as the brand's performance flagship, competing against the Audi S4, Cadillac CT5-V, Genesis G70, and BMW M340i xDrive. The current generation of Acura's compact TLX luxury sedan launched in 2021 and received a mid-cycle refresh in 2024 with tweaked styling, updated tech, and a quieter cabin.
Persons: Organizations: Acura, Service, Vehicles, Integra, NSX, Audi, Cadillac, BMW M340i
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