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I was ecstatic to see what the fuss was about with the Flexispot E7 Pro Standing Desk. Flexispot E7 Pro Standing Desk Flexispot's most premium and heavy-duty offering, the E7 Pro has a powerful motor, greater adjustability, and a semi-C Leg structure for added stability and comes with a 15-year warranty. AdvertisementWeight capacityThe Flexispot E7 Pro Standing Desk has a weight capacity of 440 lbs. The Uplift V2 also has a slightly quieter motor than the Flexispot E7 Pro Standing Desk. Alex Temblador/Business InsiderI didn't think I'd be as impressed as I was with the Flexispot E7 Pro Standing Desk.

Persons: I've, I'd, Alex Temblador, Jamie Davis Smith, Flexispot, we've Organizations: Business, E7

☆ My kids finally convinced me to go on a cruise. The typical megaships aren't for me, but I found a way better alternative.
▼ + stars: | 2024-10-19 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +2 min

After my kids begged to go on a cruise, we took two within a couple of months. I preferred our smaller expedition trip over the traditional megaship cruise. 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 . Eventually, I relented and booked a weeklong voyage on Royal Caribbean, which owns the largest cruise ships in the world.

Persons: — Organizations: Service, Royal, National Geographic, Lindblad Expeditions Locations: Iceland

☆ Joel Dahmen penalized for carrying extra club in bag, in danger of losing PGA Tour status
▼ + stars: | 2024-10-18 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Joel Dahmen is in danger of losing his PGA Tour card after he was penalized four shots at the Shriners Children’s Open on Thursday for having too many clubs in his bag. It was a mistake that could prove decisive for a player who is on the bubble. 124 in the FedEx Cup Fall standings, with the top 125 at the end of the fall circuit able to retain their tour status for 2025. You want to be mad at yourself, you want to get mad at Geno, you want to get mad at the world,” he continued. Eight players will finish their opening rounds on Friday after darkness suspended play on Thursday, with the second round beginning at 9:55 a.m.

Persons: CNN — Joel Dahmen, ”, Dahmen, –, “, Geno, it’s, that’s, There’s, ” Dahmen, Taylor Pendrith Organizations: CNN, PGA, Shriners, FedEx, Shriners Children’s

☆ Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
▼ + stars: | 2024-10-18 | by ( Hayley Cuccinello | Emmalyse Brownstein | ) www.businessinsider.com time to read: +7 min

Major banks like Goldman Sachs walloped Wall Street expectations thanks to dealmaking fees. Investment banking has made a comeback, and bigger bonuses are in the cards, too. The biggest banks on Wall Street reported a huge boost in dealmaking fees this quarter after a two-year slump. Investment bank revenue surged 30% on average at Goldman Sachs, JPMorgan, Bank of America, Citigroup, and Morgan Stanley, according to Wells Fargo analyst Mike Mayo. Morgan Stanley's investment bank revenue surged 56% year over year to $1.46 billion, beating Wall Street expectations.

Persons: Goldman Sachs, —, Morgan Stanley, Wells, Mike Mayo, Sharon Yeshaya, Morgan, Global's Nathan Stovall, corporates, Stovall, David Ellison's Skydance, JPMorgan's Jamie Dimon, David Solomon, Mayo, Cole Smead, There's, Jon Gray, anecdotally, Gray, David Stowell, Stowell, I'm, it's, Alan Johnson Organizations: Investment, Service, Wall, JPMorgan, Bank of America, Citigroup, Citi, Mars, Paramount, David Ellison's Skydance Media, Wall Street, Smead Capital Management, Blackstone, Kellogg School of Management, Northwestern University, underwriters, Johnson Associates Locations: Wells Fargo, Mayo

☆ 'Joker: Folie a Deux' is this year's latest box office flop. Here's what else has disappointed
▼ + stars: | 2024-10-18 | by ( Sarah Whitten | ) www.cnbc.com time to read: +11 min

And it's not the only blockbuster-budgeted film to disappoint at the box office this year. "A combination of hits and flops are a hallmark of every box office year," said Paul Dergarabedian, senior media analyst at Comscore. But for more traditional media companies, that have long traded off their successes at the box office, shareholders still want to see a big theatrical return on investment. UniversalEstimated production budget: $80 million$80 million Global box office: $100 million$100 million Release date: Feb. 14, 2024 Sony's Spider-Man universe films have been hit-or-miss at the box office for years. However, despite solid reviews — a 90% "Fresh" rating on Rotten Tomatoes — the film failed to explode at the box office.

Persons: Joaquin Phoenix, Arthur Fleck, It's, Todd Phillips, it's, Paul Dergarabedian, Shawn Robbins, Robbins, Arthur Fleck's, Lady Gaga, Harley Quinn, Eli Roth's, Cate Blanchett, Kevin Hart, Jack Black, Jamie Lee Curtis, Ariana Greenblatt, Blanchett, — Bryce Dallas Howard, Sam Rockwell, Henry Cavill, John Cena, Samuel L, Jackson, Howard, Elly Conway, Guy, Ryan Gosling, Barbie, Emily Blunt, Oppenheimer, Colt, Jody Moreno's, Blunt, Cassandra Webb, Max, George Miller, Chris Hemsworth, Francis Ford Coppola, Cesar Catilina, Adam Driver, — Adam Driver, Dustin Hoffman, Giancarlo Esposito, Laurence Fishburne, Jon Voight, Coppola Organizations: Warner Bros, Universal, Lionsgate, Sony, Hollywood, Netflix, Apple, Arkham State Hospital, Audiences, Rotten, Fury Locations: Lionsgate's, Dua Lipa, New York City, Australia, York City, New Rome

☆ I paid $50 for an Eras Tour ticket in Europe. The whole trip was a great value considering what I spent seeing Taylor Swift in the US.
▼ + stars: | 2024-10-17 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +5 min

We spent weeks in Europe and saw the Eras Tour twice for about what we paid to see her in the US. AdvertisementThe world has never seen anything quite like Taylor Swift's Eras Tour. Since embarking on the high-grossing tour, Swift has showcased her talents and proved her performances can boost economies and change travel patterns. For example, we saw Swift in Warsaw, Poland, instead of the super-popular Paris or London. Seeing the Eras Tour in the US cost us thousands.

Persons: we'd, —, Taylor, Swift, Kate Green Organizations: Service, Swift's Warsaw, Swifties Locations: Europe, Poland, Warsaw, Paris, London, Philadelphia

☆ Want to Understand America? Watch ‘Shark Tank.’
▼ + stars: | 2024-10-17 | by ( Jordyn Holman | ) www.nytimes.com time to read: +19 min

“Shark Tank” Over the Years Season 1 (2009-10) The show premiered against the backdrop of the Great Recession. “‘Shark Tank’ is not a game show,” said Kevin O’Leary, a cutthroat investor known sarcastically in the tank as Mr. “Shark Tank” debuted less than a year after the subprime mortgage crisis devastated the global economy. But those kinds of companies are rarely reflected on “Shark Tank” for one simple reason: They don’t make for good TV. “The buyer gave us a shot at Target because of the ‘Shark Tank’ appearance.”“We turn you into a rock star and you become part of the ‘Shark Tank’ culture and the lore of ‘Shark Tank’,” said Mr. O’Leary.

Persons: Tod Wilson, Mark Cuban, Shark Lori Greiner, ”, Kevin O’Leary, Barbara Corcoran, Corcoran, Mark Burnett, Lehman Brothers, “, Daymond John, John, ” Mr, Wilson, Ms, Angela Lee, Halle Tecco, Jamie Siminoff, Siminoff, O’Leary, Siminoff “, Mr, Robert Herjavec, Burnett, Herjavec, TJ Maxx, Lori Greiner, Greiner, Michael Jones, Taryn Jones Laeben, ” Tod Wilson, Lee, Sarah Paiji Yoo, Dave Heath, Ann Crady Weiss, Hatch, Weiss Organizations: ABC, Sharks, QVC, Amazon, Bombas, Corcoran Group, “ Tigers, “, Twitter, Marketplace, Valley . Producers, Las, Columbia Business School, Halle, Four, Smart Tire Company, TJ, Tank, Tank Venture, Science Inc, Forbes, IRL Ventures, Educators, Blueland Locations: Angeles, Valley, Manhattan, America, Britain, Canada, United States, Houston, Somerset, N.J, Las Vegas, cybersecurity, Target, U.S, Los Angeles, Wegman’s, Minneapolis, Queens

☆ Netflix airing NFL games on Christmas will be the streaming giant's biggest test for its next area of growth
▼ + stars: | 2024-10-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

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 . In today's big story, Netflix's earnings report comes as Wall Street wonders if the king of streaming can keep its crown . Business Insider's Lucia Moses outlined investors' key questions about Netflix ahead of its third-quarter earnings call this afternoon. The NFL is coming to the streamer this Christmas, with Netflix showing two games on the holiday.

Persons: —, Leapmoter, Chelsea Jia Feng, Business Insider's Lucia Moses, Alain Tascan, Jamie Squire, — Peacock, BI's Peter Kafka, There's, Patrick Mahomes, Lamar Jackson, Mike Kemp, Louis Vuitton, Christian Dior, iStock, Rebecca Zisser, Harris, Elon Musk's, Elon, Tyler Le, it's, Amy Powell, El, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, EV, Netflix, Epic Games, NFL, NBA, Getty, Louis, BI, Trump, House, SpaceX, Elon Musk's, California Coastal Commission, Paramount, NATO Locations: Europe, Swedish, California, Hollywood, El Mayo, Sinaloa, New York, London

☆ Barcelona hammers Hammarby 9-0 to equal club record Women’s Champions League victory
▼ + stars: | 2024-10-17 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Barcelona Femení equaled the largest Women’s Champions League victory in the club’s history on Wednesday night, crushing Swedish side Hammarby 9-0 at the Estadi Johan Cruyff. The Blaugrana were champions that season and have three Women’s Champions League titles to their name, the second most in history behind Lyon with eight. The record win by any team in the Women’s Champions League came in 2012, when Apollon Limassol routed Ada Velipojë 21-0 in the qualifying round. Goals from Graham Hansen and substitute Esmee Brugts made it 8-0, before Fridolina Rolfö’s penalty completed the scoring. Its next opponent in the Women’s Champions League is Austrian side St Pölten, which it will face on November 12.

Persons: CNN — Barcelona Femení, Johan Cruyff, Caroline Graham Hansen, Clàudia Pina, Ada Velipojë, Barça, Ballon d’Or, Graham Hansen, Anna Tamminen, Pina, Alexia Putellas, Barcelona's, David Ramos, Aitana Bonmatí, Ewa Pajor, Esmee Brugts, Fridolina Organizations: CNN — Barcelona, League, Hammarby, Manchester City, Benfica, Lyon, Granada, Madrid CFF, Espanyol, Women’s Champions League, Apollon Limassol, Ada, Getty, Levante, Spain’s Liga, Austrian, St Locations: Europe, Barcelona, Madrid, St Pölten

☆ Key change coming for 401(k) ‘max savers’ in 2025, expert says — here's what you need to know
▼ + stars: | 2024-10-16 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Aire Images | Moment | Getty ImagesHigher 401(k) catch-up contributionsEmployees can now defer up to $23,000 into 401(k) plans for 2024, with an extra $7,500 for workers age 50 and older. But starting in 2025, workers aged 60 to 63 can boost annual 401(k) catch-up contributions to $10,000 — or 150% of the catch-up limit — whichever is greater. An estimated 15% of eligible workers made catch-up contributions in 2023, according to Vanguard's 2024 How America Saves report. Roth catch-up contributionsAnother Secure 2.0 change will remove the upfront tax break on catch-up contributions for higher earners by only allowing the deposits in after-tax Roth accounts. That means workers can still make pretax 401(k) catch-up contributions through 2025, regardless of income.

Persons: Jamie Bosse, Vanguard's Stinnett, Roth Organizations: IRS, CGN Advisors, America, Vanguard Locations: Manhattan , Kansas

☆ Goldman says these stocks could see a 'short squeeze' relief rally this earnings season
▼ + stars: | 2024-10-16 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Buyers purchase call options when they expect a stock's price to move higher. He set a Wall Street-high price target at $38, which implies 31.7% upside over Tuesday's close. Further down the list, Royal Caribbean carried a 4.9% short interest share compared with the float. RCL NCLH,CCL YTD mountain Royal Caribbean vs. Norwegian and Carnival, year to date CrowdStrike also made the cut with a 4.4% short-interest-to-float rate. The average price target reflects the potential for shares to add more than 7% in the year ahead.

Persons: Goldman Sachs, John Marshall, Goldman, Marshall, TD Cowen, William Kerr, LSEG, Morgan Stanley, Jamie Rollo, NCLH, CrowdStrike Organizations: Goldman, Industry, Royal Locations: Royal Caribbean, Miami

☆ Daniel Maldini makes history by becoming third generation to represent Italy
▼ + stars: | 2024-10-15 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —Daniel Maldini became the third generation of his family to represent Italy on Monday, as the Azzurri thrashed Israel 4-1 in the UEFA Nations League. Paolo Maldini made 126 appearances for Italy during his glittering career, making him the third highest capped player for Italy. Cesare Maldini, meanwhile, played 14 times for Italy – his last appearance came over 61 years ago. Italy was already 3-1 up when he was introduced in the second half. Davide Frattesi’s strike and another goal from Di Lorenzo secured the win to ensure Italy remained top of Group A2.

Persons: CNN — Daniel Maldini, Paolo, Cesare, –, Paolo Maldini, Cesare Maldini, Italy –, ” Daniel, Mateo Retegui, Giovanni di Lorenzo, Mohammad Abu Fani, Davide Frattesi’s, Di Lorenzo, Youri Tielemans, William Saliba, Les Bleus, Belgium’s Wout Faes, Randal Kolo Muani, John Thys, Kolo Muani, Aurélien Tchouaméni, Jamie Leweling, Arda Güler, Orri Óskarsson, Kahveci, Hakan Çalhanoğlu, Anton Brink, Andri, Güler, Muhammed Kerem Aktürkoğlu Organizations: CNN, Israel, UEFA Nations League, AC Milan, Italy, Serie A, Monza, France, Nations League, Red Devils, Getty, Belgium, Turkish, Turkey, Iceland, Crescent Stars Locations: Italy, Udine, France, Belgium, AFP, Germany, Netherlands, Iceland, Turkey, Wales

☆ I used to trauma dump on my dates because alcohol made me lose control of my emotions. Sobriety saved my dating life.
▼ + stars: | 2024-10-15 | by ( Jamie Valentino | ) www.businessinsider.com time to read: +5 min

When I realized my drinking was the problem, I got sober, and it saved my dating life. I used to struggle to stop my mouth from outrunning my brain, spilling my life story and everything that kept me up at night — especially when it came to trauma dumping on dates. Related storiesI blamed trauma dumping on my personality rather than my excessive drinkingIt felt embarrassing to present myself as a dumpster of emotional turmoil, especially as a writer. Last year, my drunk trauma dumping reached a pathetic climax when I began pouring my heart out about being an alcoholic. Even from thousands of miles away, it felt more intimate than the few face-to-face dates we had while I was drinking.

Persons: —, might've, should've, I should've, I've Organizations: Service Locations: Miami, New York

☆ Jamie Foxx returns to the stage and finds ‘pure love’
▼ + stars: | 2024-10-14 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Jamie Foxx hadn’t been on stage for 18 years, but he returned recently for a very special reason. On Sunday he posted photos on social media from his performances in Atlanta showing him on stage including performing on the piano. In a video posted to TikTok in July 2024, Foxx told a group of people that he had a “bad headache” on April 11, 2023. Foxx went on to explain in the footage that he was told his sister and his daughter took him to a doctor, who gave him a cortisone shot. Foxx is known to be guarded about his private life, and he sought privacy as he recovered his health.

Persons: Jamie Foxx hadn’t, ”, “, Foxx, Corinne Foxx, ” Foxx, Ray ” Organizations: CNN, Atlanta Locations: Atlanta, Atlanta Georgia, piedmont, Chicago, Phoenix

☆ Analysts cheer Wells Fargo to 2018 highs after earnings. We have 1 qualm with the praise
▼ + stars: | 2024-10-14 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Wells Fargo stock hit new multi-year highs on Monday after Wall Street analysts praised the bank's third-quarter earnings report. Investors are mulling a slew of positive analysts' calls after Wells Fargo's better-than-expected quarterly earnings . WFC 5Y mountain Wells Fargo 5 years In response, Barclays raised Wells Fargo's price target to $75 apiece from $66 on Sunday, implying roughly 23% upside from Friday's prior close. In fact, in Jim's Sunday column , he argued that Wells Fargo's earnings report may be the best of the batch so far. Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City.

Persons: Wells, Wells Fargo, That's, Wells Fargo's, Charlie Scharf, Piper Sandler, JPMorgan Chase, Jamie Dimon, Goldman Sachs, Morgan Stanley, Jim, we're, dealmaking, Jim Cramer, Charlie Scharf's, Piper Sandler's, Jim Cramer's, Michael M Organizations: Wall, Barclays, Wells, Federal Reserve, JPMorgan, Bank of America, Citigroup, Wall Street, Club, CNBC, Broadway, Santiago, Getty Locations: Wells Fargo, Wells, New York City

☆ The stock market has officially enjoyed a bull rally for over two years. So now what?
▼ + stars: | 2024-10-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

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

☆ What happened Friday hasn't happened in ages. It bodes well for earnings
▼ + stars: | 2024-10-13 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

Getting ready for the "two problematic stories," Wells Fargo and JPMorgan , which came later in the morning, took some real digging. ET – Wells Fargo shares turned and started inching up. With what you saw in Wells Fargo and JP Morgan on Friday. Think like this: When the psychology of the market changes, people don't want to bang out of Wells Fargo, they want to get in. But there is no doubt that Wells Fargo at 11 times forward earnings now seems a little silly given that the background is so positive.

Persons: Larry Fink, Wells, Wells Fargo, Charlie Scharf, Jamie Dimon, Jeff Marks, JP Morgan, Scharf, It's, Warren Buffett, Morgan Stanley, Eli Lilly, haven't, Jim Cramer's, Jim Cramer, Jim, Squawk, Virginia Sherwood Organizations: BlackRock, JPMorgan, Wall, Club, Wells Fargo, Elon, SpaceX, Federal, New York Stock Exchange, Fed, Bank of America, Boston, Walmart, Costco, Semiconductors, Enterprise, JFrog, Microsoft, –, Dow, Jim Cramer's Charitable, CNBC Locations: Wells Fargo, NII, U.S

☆ Skims wants to be the new Nike. Brand experts say that's a pipe dream.
▼ + stars: | 2024-10-12 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

Skims CEO Jens Grede compared the Kim Kardashian-fronted brand's successes to Nike in the 1990s. Grede told the FT that, like Nike, Skims "exists at the intersection of culture and commerce." According to Jens Grede, the CEO of Kim Kardashian's shapewear brand, Skims' hero is Nike — though, to be clear, not the Nike of today. AdvertisementKim Kardashian (L), Jens Grede (C), and Emma Grede (R) pose with the Amazon Innovation Award during the 2022 CFDA Fashion Awards. Kim Kardashian describes herself as the face of the Skims brand.

Persons: Jens Grede, Kim Kardashian, Grede, —, Kim Kardashian's, Skims, Emma Grede, Kardashian, Jens, Jenner, Khloé Kardashian's, Kylie Jenner's, Dimitrios Kambouris, Isabelle Aleksander, Michael Jordan, Tiger Woods, Roger Federer, Aleksander, Matthew Quint, Kim, Quint, Jamie McCarthy, Spike Lee, Andre Agassi, Pete Sampras Organizations: Nike, Brand, Service, Financial Times, Skims, Amazon, JDO, Team USA, NBA, WNBA, USA, Center, Global Brand Leadership, Columbia Business School, Star, Kim Locations: Nike —, Skims

☆ Lamorne Morris grew up idolizing the first Black ‘SNL’ star. Now, he’s playing him in a movie.
▼ + stars: | 2024-10-11 | by ( Ronda Racha Penrice | Atlanta-Based Writer Ronda Racha Penrice Is The Author Of | Black American History For Dummies. | ) www.nbcnews.com time to read: +2 min

Growing up, Lamorne Morris enjoyed Garrett Morris’ performances as Martin’s boss on “Martin” and as Uncle Junior on “The Jamie Foxx Show.” His only knowledge of the trailblazer at the time was that they shared the same last name. He launched his own comedy career at Second City, considered a “Saturday Night Live” training ground, in his native Chicago. There, Morris, who grew up watching the Will Ferrell-Tina Fey era of the pop culture staple, learned that Garrett Morris was an original cast member on the series. He starred as a version of the cartoonist Keith Knight in the Hulu comedy series “Woke” for two seasons. He found that Garrett Morris, who wasn’t involved in the film, shared Knight’s outlook.

Persons: Lamorne Morris, Garrett Morris, “ Martin ”, Junior, Jamie Foxx, ”, Morris, Will Ferrell, Tina Fey, “, ” Lamorne Morris, Jason Reitman’s, Lorne Michaels, Keith Knight, Knight, wasn’t, “ Garrett, ‘, Lorne, ’ ” Morris Organizations: trailblazer, NBC News, Second, SNL, Sony Pictures, Hulu Locations: Second City, Chicago

☆ We thought Massachusetts was the perfect place to build a life. Boston let us down, but we found peace elsewhere in the state.
▼ + stars: | 2024-10-11 | by ( Jamie Evan Bichelman | ) www.businessinsider.com time to read: +5 min

My long-distance partner and I moved to Massachusetts thinking it was a great place to merge lives. We advanced our careers in Boston but found it to be too expensive and not a great fit for us. The city wasn't what we expected, and we struggled to get used to itBoston had beautiful foliage in the fall but it wasn't enough to make up for our issues with the city. Even our cats, confined to a too-small apartment with views of a similarly run-down building beside us, seemed to feel it: Boston wasn't for us. But by 2021, we knew we had to leave — the two years since our August 2019 move to Boston felt like a decade each.

Persons: —, Gilmore, I'd, we're Organizations: Service, Harvard, Boston, Massachusetts Locations: Massachusetts, Boston, Sudbury, Lake Tahoe, New York, DenisTangneyJr, Yorker, Las Vegas

☆ Stock market today: Indexes hit records and notch 5-week win streak after upbeat earnings, cool inflation
▼ + stars: | 2024-10-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

JPMorgan and Wells Fargo reported strong earnings that eased fears of a consumer slowdown. September's producer price index was flat, calming inflation concerns amid rising yields. JPMorgan CEO Jamie Dimon praised his bank's performance in the earnings release but warned that geopolitical conditions are "treacherous and getting worse." AdvertisementApart from earnings results, retail sales data, set to be released on October 17, is the next big data release for investors to watch. Here's where US indexes stood at the 4:00 p.m. closing bell on Friday:AdvertisementHere's what else is going on:In commodities, bonds, and crypto:

Persons: Dow Jones, Wells, —, Wells Fargo, Jamie Dimon, Dimon, David Russell Organizations: JPMorgan, Service, Dow Jones, PPI, Business, Bank of America

☆ Gerrit Cole in control as New York Yankees clinch ALCS spot with win over Kansas City Royals
▼ + stars: | 2024-10-11 | by ( Jamie Barton | ) edition.cnn.com time to read: +3 min

CNN —The New York Yankees clinched an American League Championship Series (ALCS) spot on Thursday night with a 3-1 win over the Kansas City Royals which saw them take the American League Division Series (ALDS) by the same score. Starter Gerrit Cole was the game’s dominant force, giving up just one run and six hits across seven innings, striking out four. The victory sees New York advance to the 19th Championship Series in its history, four more than any other franchise. Kansas City, meanwhile, has now lost its last nine games at Kauffman Stadium. It was the closest Kansas City would come, Aaron Judge recording the final out in the ninth to send New York through.

Persons: Gerrit Cole, “ We’re, AL Cy Young, “, Clay Holmes, Luke Weaver, Gleyber Torres, Juan Soto’s, Torres, Giancarlo Stanton, Maikel Garcia, Anthony Volpe –, Vinnie Pasquantino, Cy Young, Jamie Squire, Tommy Pham, Kyle Isbel, Soto, Aaron Judge, ”, ‘ It’s, ’ Organizations: CNN, The New York Yankees, American, Kansas City Royals, American League, AL Cy, Yankees, Los Angeles Dodgers, Bronx Bombers, San Diego Padres, Kauffman, Royals, New York, Kansas City, Cy, “, Cleveland Guardians, Detroit Tigers Locations: York, Kansas City, New York

☆ Jamie Dimon: JPMorgan Chase CEO warns of ‘treacherous’ geopolitical conditions that are ‘getting worse’
▼ + stars: | 2024-10-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: 1 min

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☆ JPMorgan Chase is set to report third-quarter earnings – here's what the Street expects
▼ + stars: | 2024-10-11 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Friday. The biggest American bank has thrived in a rising rate environment, posting record net income figures since the Fed started hiking rates in 2022. Now, with the Fed cutting rates, there are questions as to how JPMorgan will navigate the change. Last month, JPMorgan dialed back expectations for 2025 net interest income and expenses, and analysts will want more details on those projections. Wells Fargo is scheduled to release results later Friday, while Bank of America , Goldman Sachs , Citigroup and Morgan Stanley report next week.

Persons: Chase Jamie Dimon, JPMorgan Chase, Jamie Dimon's, Wells Fargo, Goldman Sachs, Morgan Stanley Organizations: Chateau, JPMorgan, LSEG Revenue, Trading, American, Fed, KBW, Bank of America, Citigroup Locations: Versailles, Paris, Wells

JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East and with Russia's invasion of Ukraine showing no signs of abating. "We have been closely monitoring the geopolitical situation for some time, and recent events show that conditions are treacherous and getting worse," Dimon said Friday in the bank's third-quarter earnings release. "It's ratcheting up, folks, and it takes really strong American leadership and western world leaders to do something about that," Dimon said. "While inflation is slowing and the U.S. economy remains resilient, several critical issues remain, including large fiscal deficits, infrastructure needs, restructuring of trade and remilitarization of the world," Dimon said.

Persons: Jamie Dimon, JPMorgan Chase, Dimon, I've Organizations: JPMorgan Chase, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, JPMorgan, Georgetown University, Federal Reserve Locations: Washington , U.S, Ukraine, East, China, Iran, North Korea, Russia, Israel, Beirut, Lebanon, U.S

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