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☆ Gianluigi Donnarumma errors help Arsenal to victory over Paris Saint-Germain
▼ + stars: | 2024-10-01 | by ( Jamie Barton | ) edition.cnn.com time to read: +4 min

CNN —Two mistakes from Italy star Gianluigi Donnarumma proved decisive on Tuesday night as Arsenal claimed a 2-0 win over Paris Saint-Germain in the Champions League. In the 20th minute, Donnarumma left his goal line to attempt to punch clear a cross from Leandro Trossard, but he was beaten to the ball by Havertz, who headed into the empty net. But Arsenal would double its lead in the 35th minute when Saka sent a curling free kick into the box. Gabriel Martinelli and Thomas Partey missed the ball, but so did Donnarumma and the cross found its way into his net. Stuart MacFarlane/Arsenal FC/Getty ImagesThe victory – Arsenal’s second in its last seven Champions League games – leaves the Gunners eighth in the table on four points.

Persons: Gianluigi Donnarumma, Germain, Kai Havertz, Donnarumma, Leandro Trossard, Havertz, Ousmane Dembélé, –, Luis Enrique, ”, Désiré Doué, Nuno Mendes, Achraf Hakimi, David Raya, Saka, Gabriel Martinelli, Thomas Partey, Martinelli, Joao Neves flicked, Lee Kang, Riccardo Calafiori, Enrique, Stuart MacFarlane, Mikel Arteta’s, “ It’s, “ Organizations: CNN, Arsenal, Paris Saint, Champions League, Gunners, Ligue, PSG, The Gunners, Donnarumma, Arsenal FC, Getty, League, Shakhtar Donetsk, Inter, Sporting CP, AS Monaco, GNK Dinamo, PSV, Atlético, Bayern Munich, RB Salzburg, Manchester City Locations: Italy, Girona, French, Atlético Madrid, Stuttgart

☆ PayPal CEO's first year was praised by Wall Street, but hard part starts now for struggling payments company
▼ + stars: | 2024-10-01 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +12 min

Analysts across Wall Street saw rising competition and a declining take rate, or the percentage of revenue PayPal keeps from each transaction. Fast forward to today, and the picture is dramatically brighter for the 26-year-old Silicon Valley company and its 47-year-old CEO. Analysts are projecting roughly 6% revenue growth when PayPal reports third-quarter results in about a month, according to LSEG. Venture capitalist Oren Zeev has seen Chriss work with small businesses in another capacity. "He obviously brought a lot to the table with his vast experience with small businesses," Zeev said.

Persons: Alex Chriss, CNBC's David Faber, hadn't, Chriss, downgrades, Dan Dolev, Dolev, Susquehanna's James Friedman, he's, Friedman, Dan Schulman, Dana Stalder, He's, PayPal didn't, Isabel Cruz, Michelle Gill, Diego Scotti, Jamie Miller, Stalder, we've, Faber, Susquehanna's Friedman, That's, Will Ferrell, Ferrell, Fleetwood, hasn't, Sanjay Sakhrani, Sakhrani, SMBs, Oren Zeev, Zeev Organizations: PayPal Inc, PayPal, New York Stock Exchange, Mizuho Securities, CNBC, Apple Pay, Nasdaq, Meta, Matrix Partners, Intuit, Walmart, Verizon, Starbucks, Ticketmaster, Apple, Google, Shopify, Venture Locations: Wall, Braintree, EY, Venmo, U.S

☆ Champions League preview: What to look out for on Matchday 2 and how to watch
▼ + stars: | 2024-10-01 | by ( Eduardo Tansley | ) www.nytimes.com time to read: +9 min

Harry Kane has never won the Champions League but if Matchday 1 was anything to go by, the England captain is desperate to do so. Follow the Champions League on The AthleticFirst, what happened on Matchday 1? Ligue 1 side Brest took no time to acquaint themselves with the Champions League, beating Austrian champions Sturm Graz 2-1 on their debut in the competition. The 26-year-old USMNT winger has scored in his last two Champions League games and could become the first American to score in three consecutive appearances. It was the first time in the Champions League that three substitutes had all directly contributed to a goal.

Persons: Harry Kane, Kane, Lamine Yamal, Michael Olise, Kylian, Ethan, Yamal, Ansu Fati, Eric Garcia, Villa, Germain, Martin Odegaard, Mikel Arteta’s, David Raya, Mateo Retegui, Raya, Timothy Rogers, Paulo Gazzaniga’s calamitous, Ousmane Dembele, Luis Enrique, Florian Wirtz, Wirtz, Dean Mouhtaropoulos, Brendan Rodgers ’ Celtic, Daizen Maeda, England’s Jamie Gittens, Serhou, Felix Nmecha, KURT DESPLENTER, Aston, Unai Emery, Villarreal, Jose Mourinho, Neville Williams, Vincent Kompany, Benjamin Sesko, Jose Maria Gimenez’s, Sesko, Bayer, Maja Hitij, Kenan Yildiz, Pietro Fanna, Thiago Motta’s, Dusan Vlahovic Organizations: Champions League, Bayern Munich, Dinamo Zagreb, Aston Villa, Bayer Leverkusen, Real, League, The, Bayern, Stuttgart, Lille, Monaco, Young Boys, Liverpool, AC Milan, Scottish, Celtic, Slovan Bratislava, Manchester City, Arsenal, — Inter Milan, Atalanta, Ligue, Brest, Austrian, Sturm Graz, Red Bull Salzburg, Paris Saint, Leicester City, Premier League, Getty, PSG, Newcastle United, Bayer, Bayer Leverkusen’s, Feyenoord, Leverkusen, Milan, Inter Milan, Borussia Dortmund, Dortmund, Club Bruges, MAG, Villa, Europa League, Aston Villa FC, Bundesliga, Zagreb, Tottenham Hotspur, Leipzig, Juventus, Wednesday, Atletico, Augsburg, PSV Eindhoven, Serie A, Genoa, TNT Sports, Paramount, Salzburg, Sparta Prague, Amazon, Sporting Lisbon, Barcelona, Red Star Belgrade, Shakhtar Donetsk, Girona, Benfica, Atletico Madrid, Bologna, Real Madrid Locations: England, Saturday’s, U.S, Crystal Palace, Endrick, Lille, Barcelona, Bern, Girona, Europe, Christian Pulisic, American, Milan, Celtic, Stuttgart, dinked, Slovenia, Madrid, Leipzig, Germany, Brest

☆ My daughter was excited to see Chappell Roan live. When she canceled our concert, it gave me space to teach a valuable lesson.
▼ + stars: | 2024-10-01 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +5 min

Roan canceled her appearance at a festival we were attending one day before it was set to start. When Roan canceled a day before the festival, my daughter was furious and distraught. Roan said she canceled her festival appearances to prioritize her mental health. Sometimes, there are no good optionsMany of Roan's fans agree that she did the right thing by prioritizing her mental health. After Roan canceled her appearances, the "All Things Go" festival issued a statement saying that they supported Roan's decision.

Persons: Chappell Roan, Olivia Rodrigo's, Roan, —, Chappell, Roan's Organizations: Service Locations: Washington , DC, Europe

☆ San Marino: What it’s like playing for the lowest-ranked national soccer team in the world
▼ + stars: | 2024-09-30 | by ( Jamie Barton | ) edition.cnn.com time to read: +12 min

For San Marino, these are some of the greatest results in the nation’s history. San Marino, a tiny microstate within Italy, is home to 33,600. Between 2006 and 2023, San Marino held the unwanted record of suffering the biggest defeat in European Championship qualifying history – a 13-0 drubbing by Germany. Bernd Schneider makes it 13-0, scoring a penalty past San Marino goalkeeper Aldo Simoncini. One goal early in the second half from 19-year-old Nicko Sensoli – who had not yet been born when San Marino last won – was enough.

Persons: San, San Marino, Serenissima, “, Dante Rossi, Marcello Mularoni, Nicola Nanni, ” Mularoni, it’s, Jude, Bellingham, ” Marcello Mularoni, Giuseppe Maffia, Rossi, ” Dante Rossi “, Bernd Schneider, Aldo Simoncini, Giampiero Sposito, Mannschaft, Jens Lehmann, ”, Alessandro Sabattini, Martino Bastianelli, Mai, Gioia, ” Christian Santini, FSGC Rossi, Bastianelli, ’ ”, Santini, La Serenissima, Mularoni, ‘, ’ ” Rossi, Roberto Cevoli, ’, ” Dante Rossi, Sensoli –, –, ” San, I’ve, Gioia – ‘ Organizations: CNN, FIFA, team, CNN Sport, San, Torres, Serie C, Liechtenstein, UEFA Nations League, San Marino, Wembley, England, Sammarinese, Brigade, Serie, Empoli, Fiorentina, Liechtenstein –, ” San Marino, ” Locations: Denmark, Finland, Latvia, San Marino, Italy, Marino’s, England, Wembley, Germany, Dortmund, Liechtenstein, San, Bavarian, Munich, Austria, Tuscany, Pisa, Gibraltar

☆ Ian Happ: Chicago Cubs player throws beer money to fans in left field stands
▼ + stars: | 2024-09-30 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

To show his appreciation for the Cubs faithful, left fielder Ian Happ chucked a ball wrapped in $100 bills to the left stands on Sunday. The gesture marked the team’s final game of the season, in which the Cincinnati Reds claimed a 3-0 shutout win over Chicago. Dominant starts from Caleb Kilian and Hunter Greene on the mound eventually led to extra innings being required at Wrigley Field with the score tied at 0-0. De La Cruz also stole two bases during the game, meaning he ends the regular season with an MLB-high 67. You don’t take them for granted,” Cubs manager Craig Counsell said afterwards, according to MLB.com.

Persons: don’t, Ian Happ, Beers, Ian, ” Happ, ”, Caleb Kilian, Hunter Greene, Elly De La, Tyler Stephenson, De La Cruz, Craig Counsell, “, ‘, there’s Organizations: CNN, Chicago Cubs, Cubs, MLB, Cincinnati Reds, Chicago, Wrigley, Cincinnati, Reds, ” Cubs Locations: Chicago, Windy City, De La Cruz

☆ Jamie Dimon says the 'Buffett Rule' approach to taxing the wealthy could solve America's debt problem
▼ + stars: | 2024-09-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

On PBS, Jamie Dimon described the Buffett Rule as a good idea for clamping down on US debt. AdvertisementJPMorgan CEO Jamie Dimon has put forth a solution to unrestrained US debt: Tax the rich at the same rate as middle-class people, or at a higher rate. It earned its name from the billionaire investor Warren Buffett, who famously criticized the fact that his secretary paid a higher tax rate than he did. If debt remains unchecked amid high interest rates, the government will face higher borrowing costs. AdvertisementOtherwise, higher borrowing costs mean Washington will have less to spend on social initiatives.

Persons: Jamie Dimon, Buffett, —, Dimon, Warren Buffett, Peter G Organizations: PBS, Service, Congressional, Peterson, Democrats, Republicans Locations: Washington

Hurricane Helene killed at least 22 people and left millions without power across the Southeast before weakening on its way north Friday morning, officials said. Hurricane-felled trees caused two deaths in Anderson County, South Carolina, officials said. Debris left by Hurricane Helene in Cedar Key, Fla., on Friday. Miguel J. Rodriguez Carrillo / AFP - Getty ImagesMeanwhile, more than 4.3 million people are experiencing power outages in South Carolina, Georgia, Florida, North Carolina and Virginia, according to poweroutage.us, which tracks utility data. At 11 a.m., the storm was 30 miles southwest of Bryson City, North Carolina, moving northward with maximum sustained winds of 45 mph.

Persons: Helene, Floridians, Jamie Cruse, “ We’re, ”, “, Bruce Rector, NBC’s, Megan Varner, Brian Kemp, Ron DeSantis, Roy Cooper, Hurricane, Miguel J, Rodriguez Carrillo, Ana Gibbs, Ronda Bell, Mike Stewart, Joe Biden, Deanne Criswell Organizations: National Hurricane Center, NBC, ” Clearwater, Georgia Gov, Florida Gov, Gov, North Carolina, Highway Patrol, AFP, Getty, Florida, & Light Company, Duke Energy Florida, Duke Energy, Federal Emergency Management Locations: Big Bend, Florida’s, Perry , Florida, Clearwater, Gulf Coast, Atlanta, Georgia, Pinellas County , Florida, Florida, Dixie County, North Carolina, Catawba County, Charlotte, Anderson County , South Carolina, Cedar Key, Fla, South Carolina , Georgia, Virginia, Valdosta, Ga, Carolinas, Charleston, Wilmington, Raleigh, Norfolk, Bryson City , North Carolina, Georgia , Florida , Alabama, South Carolina

☆ Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
▼ + stars: | 2024-09-27 | by ( Hugh Son | ) www.cnbc.com time to read: +7 min

The lender disclosed that the Consumer Financial Protection Bureau could punish JPMorgan for its role in Zelle, the giant peer-to-peer digital payments network. In response, JPMorgan issued a thinly veiled threat: "The firm is evaluating next steps, including litigation." Trade groups say that in the aftermath of the financial crisis, banks became easy targets for populist attacks from Democrat-led regulatory agencies. Amid the scrutiny, the bank began warning Zelle users on the Chase app to "Stay safe from scams" and added disclosures that customers won't likely be refunded for bogus transactions. While all of these battles are ongoing, the financial industry has racked up several victories so far.

Persons: JPMorgan Chase, Jamie, Evelyn Hockstein, Tobin Marcus, Joe, Marcus, That's, Biden, Marianne Lake, Zelle, Banks, Jamie Dimon, Dimon, Donald Trump, Kamala Harris, Mark Pittman Organizations: JPMorgan, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, Washington , D.C, Reuters, JPMorgan Chase, Consumer Financial, Democrat, Republican, Wolfe Research, Services, PayPal, Bank of America, Senate, Electronic, Federal Reserve, U.S . Chamber of Commerce, Northern, Northern District of Texas Locations: Washington ,, Zelle, Basel, Wells Fargo, Northern District

☆ Jamie Dimon says American schools should teach nutrition and financial literacy
▼ + stars: | 2024-09-26 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

JPMorgan Chase CEO Jamie Dimon spoke at The Atlantic Festival 2024 this month. Dimon said American schools should change how they approach education. He said schools should teach subjects like financial education and nutrition. Go to newsletter preferences Thanks for signing up! Dimon said that high schools and community colleges could do more to prepare young folks for adulthood.

Persons: Jamie Dimon, Dimon, — Organizations: JPMorgan, Service, JPMorgan Chase, Business

The two women with very similar names offer a snapshot of the different surrogate pools for Trump and Harris. The courting of celebrity endorsements is a long-running tradition in presidential politics and one that Democrats generally win. Swift criticized the fake posting, saying it was part of the reason she is backing Harris’ campaign. Even as he downplayed Harris’ level of celebrity endorsements, Trump has tried to use people with celebrity status to appeal to specific voter blocs. Shortly after Swift backed Harris, Trump said she would “probably pay a price” for the endorsement, and five days later on Truth Social he made his bluntest and most direct attack on Swift.

Persons: Kamala Harris, Scarlett Johansson, Donald Trump, Scarlett Johnson, Harris, Johnson, Trump, Johansson, Lara Trump, Vivek Ramaswamy, Oprah Winfrey, Jennifer Lopez, Chris Rock, Meryl Streep, Julia Roberts, Ye, Elon Musk, Hulk Hogan, Lil Wayne, Trump —, Harris ’, Kamala, ” Trump, Winfrey, “ She’s, Jamie Lee Curtis, ”, Hillary Clinton's, Katy Perry, Clinton, Joe Biden, Taylor Swift, Swift, “, Taylor Swift ” Organizations: Liberty, Trump, Democratic, Republican National Committee, Democratic National Convention, West, White, Democrats, Republicans, Puerto, AA, Puerto Ricans, Harvard University, Swift Locations: Wisconsin, Michigan, Hollywood, Pennsylvania, Puerto Rican, Puerto

☆ Rodri: Manchester City star out for ‘a long, long time’ with knee ligament injury
▼ + stars: | 2024-09-25 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Manchester City star Rodri has sustained a knee ligament injury that will keep him off the pitch indefinitely, the club has confirmed. He is one of four City players nominated for the 2024 edition of soccer’s most coveted individual prize. Last season, the Citizens lost just three Premier League matches, with all three defeats coming during a period when Rodri was suspended. Since the Spaniard’s Premier League debut, City has lost a third of the games from which he has been absent. Michael Regan/Getty Images“When a team doesn’t play with the best midfielder in the world for a long, long time, it is a big blow,” said Guardiola.

Persons: Rodri, City, Pep Guardiola, “, ”, ” Rodri, d’Or, soccer’s, Rodri limps, Michael Regan, Guardiola Organizations: CNN, Manchester City, Arsenal, Watford, Reuters, League, Champions League, City, Citizens, Premier League, Spaniard’s Premier League Locations: Spanish, Spain, Manchester, City’s

☆ Jamie Dimon says he likes Elon Musk's idea to start a DOGE, or Department of Government Efficiency
▼ + stars: | 2024-09-25 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Read previewJPMorgan Chase CEO Jamie Dimon says he approves of Elon Musk's proposal to create a new department of government efficiency — or, in Musk's words, DOGE. "Ok, so — Elon, this idea about having an efficiency commission, I actually like the idea," Dimon said in an interview with CNBC-TV18, which aired on Tuesday. This story is available exclusively to Business Insider subscribers. AdvertisementDuring the CNBC interview, Dimon said that at the moment, he will not endorse Trump or his opponent, Vice President Kamala Harris, for the presidency. Musk, representatives of Trump and JPMorgan Chase didn't immediately respond to a request for comment from Business Insider, sent outside business hours.

Persons: —, Jamie Dimon, Tesla, Donald Trump's, — Elon, Dimon, Al Gore, Musk, Trump, Kamala Harris, Larry Fink, he's, JPMorgan Chase didn't Organizations: Service, Chase, Elon, Trump, CNBC, TV18, Business, Reinventing Government, Economic, of New, Reuters, Bloomberg, Treasury, JPMorgan Locations: of New York

☆ An ex-Twitter employee won a legal battle over unpaid severance. Experts say it could spark more claims.
▼ + stars: | 2024-09-25 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA former Twitter employee's victory in a legal dispute over unpaid severance could prompt more ex-staff to pursue cases against the social media company, legal experts have said. AdvertisementThe ex-Twitter worker's win is the first of what experts say could lead to many more similar resolutions. X and Musk are also facing a lawsuit over severance terms from 100 former Twitter workers who were fired in 2022. Related storiesBloom said they are still aggressively pursuing their cases and have scheduled individual arbitration hearings for each of the clients.

Persons: —, Elon, Elon Musk, Shannon Liss, Riordan, Jamie E, Wright, Russel Morgan, Morgan, Lisa Bloom, Musk, Bloom, Gary Rooney, Rooney, Liss Organizations: Service, Twitter, Bloomberg, Business, Elon, The Wright Law, Morgan Legal, Northern District of, Workplace Relations Locations: Elon Musk's, Northern District, Northern District of California

☆ CNBC Daily Open: It might be better economic data isn’t all rosy
▼ + stars: | 2024-09-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This 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. How much will oil demand grow? Oil demand will experience "robust medium-term growth," reaching 112.3 million barrels per day in 2029 from 102.2 million barrels per day in 2023, according to OPEC's 2024 World Oil Outlook report. The International Energy Agency thinks oil demand will level off at 106 million barrels per day by the end of the decade.

Persons: Stocks, Consumer's, September's, Dow, Goldman, Denis Coleman, Jamie Dimon, JPMorgan Chase Organizations: CNBC, Dow Jones, U.S . Federal, JPMorgan, International Energy Agency

☆ Inside the strain challenging the US Secret Service
▼ + stars: | 2024-09-25 | by ( Betsy Klein | Jamie Gangel | ) edition.cnn.com time to read: +12 min

While the reputation of the US Secret Service is one of precision, vigilance and security, the reality is more complicated – a high-stress, high-intensity workplace beset by management and logistical issues. (The Secret Service is mandated to protect all foreign heads of state while they are on US soil). “Following the events of July 13, the U.S. Secret Service enhanced our protective model for protectees. According to the Secret Service official, the agency’s attrition rate was 10.26% in fiscal year 2022, 8.78% in 2023, and 8.85% for fiscal year 2024 so far. A USSS spokesman disputed any reports of tension between Secret Service and the Bidens.

Persons: Donald Trump, Butler, ”, Joe Biden, protectee, USSS, Kamala Harris, Sen, JD Vance, Tim Walz, That’s, ” Anthony Guglielmi, ” Guglielmi, ” Biden, “ They’re, Ronald Rowe, Kimberly Cheatle, “ You’re, Rowe, nodded, Jonathan Wackrow, Trump, Wackrow, Biden, ’, “, Trump’s Butler, CNN’s Whitney Wild Organizations: CNN, Service, Secret Service, San Francisco, Trump, Gov, United Nations General Assembly, Democratic, Republican, Secret, Places, Federal Government, Public Service, Boston Consulting, Washington Post Locations: Butler , Pennsylvania, Florida, San Francisco, Asia, Pacific, San, New York, U.S, Cheatle

☆ Why moves by Amazon and comments by Jamie Dimon don’t threaten an end to remote work benefits
▼ + stars: | 2024-09-25 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

But for two key reasons, these kinds of public proclamations don’t signal a broader demise of remote work benefits. Flex work options are too popular to ditchWhile an individual company may decide to backtrack on its remote work policies, the numbers suggest that’s not happening widely. Workplace consulting firm Gallup found in May that among full-time employees in remote-capable jobs, 53% work a hybrid schedule, 27% work exclusively remotely and 21% work on site. As of August 31, job postings on Indeed.com that specify hybrid and remote work have dipped a half percentage point year over year. It also found that HR leaders say hybrid work models help attract and retain talent.

Persons: Jamie Dimon, Andy Jassy’s, Jassy, ”, ’ ”, Chris Williams, “, ” Williams, Gallup, Nick Bunker, it’s, Williams Organizations: CNN, JPMorgan Chase, Microsoft, Board Locations: “, Seattle

☆ Student in carving of racial slur on teammate's chest no longer enrolled at Gettysburg College
▼ + stars: | 2024-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +4 min

An unidentified Gettysburg College student who allegedly carved a racial epithet on the chest of a teammate is no longer enrolled at the Pennsylvania liberal arts college, the school said over the weekend. "We can report now that the individual who scratched a slur onto another person is no longer enrolled at the College," the parties stated. A spokesperson for the college confirmed it, saying the alleged perpetrator and victim were suspended from the swim team pending the outcome of an investigation. On Friday, The Gettysburgian published a statement from the victim's family. The victim’s family said he was the only person of color at the gathering and that the alleged perpetrator was a trusted friend of his.

Persons: Bob Iuliano, Iuliano, Jamie Yates, Yates, — Organizations: Gettysburg College, Sunday, College, NAACP, Pennsylvania, Human Relations, U.S . Justice Department's Civil Rights Division, Gettysburg, III, Centennial Conference, Division, District Locations: Pennsylvania, Gettysburg

☆ Confused about the potential Qualcomm-Intel deal? Here's why it matters even if it doesn't happen.
▼ + stars: | 2024-09-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In today's big story, why you should care about a potential Intel-Qualcomm deal , even if it might not work. Getting all that varied experience has proved particularly beneficial for TSMC in the age of cutting-edge mobile and AI chips. The US needs Intel to keep (and get better at) manufacturing chips. The problem with that is that this manufacturing business would have almost no customers, and would fall even further behind TSMC. Experts seem incredibly skeptical about a Qualcomm deal going through.

Persons: —, Jamie Dimon, Moneyball, Rupert Murdoch's, Chelsea Jia Feng, I'm, it's, Palantir alums, Jamie Dimon Tom Williams, he's, Goldman Sachs, Chelsea JIa Feng, ChatGPT, Vinod Khosla, Chris Gash, Lachlan Murdoch, Murdoch, Lachlan's, Caroline Ellison, Biden, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Milan Sehmbi, Amanda Yen Organizations: Service, Intel, Qualcomm, Business, Tech, Getty, TSMC, Inc, JPMorgan, Bank of America, Big Tech, Web Services, Employees, Bloomberg Global Business Forum, FAA, OPEC, Oil Locations: Taiwan, China, San Francisco, Nevada, New York, London

☆ Stock market today: New record highs as Nvidia surge offsets weak consumer sentiment
▼ + stars: | 2024-09-24 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

A weak consumer confidence reading caused indexes to briefly drop early morning. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Investors reacted with dismay after the latest consumer sentiment reading, with confidence among US consumers logging its largest one-month drop in more than three years. The Conference Board's consumer confidence index came in at 98.7 for September, well below consensus estimates of a 104 reading. Advertisement"It's never good to see consumer confidence fall this much.

Persons: —, Jamie Cox, Jensen Huang Organizations: Nvidia, Service, Harris Financial, Federal Locations: China

☆ A market hedge using options with the S&P 500 up nearly 20% for the year heading into October
▼ + stars: | 2024-09-24 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

New all-time highs in the S & P 500 have been welcomed by investors in the wake of the Federal Reserve going big on their first rate cut. The SPDR S & P 500 (SPY) is up nearly 20% year to date, I want to spend some of my remarkable 2024 profits on downside protection in the event a breather to the rally or a downturn is imminent. .SPX YTD mountain S & P 500, year-to-date Measuring risk is always a challenge, specifically when various headwinds exist at the same time. Additionally, this is the richest valuation we have seen in quite some time with the S & P 500 trading at 24 times. I will look to potentially buy the $591 call if we see a 2% move lower in the S & P 500.

Persons: Jamie Dimon Organizations: Federal Reserve, CNBC, NBC UNIVERSAL Locations: U.S

☆ Jamie Dimon says an 'evil axis' of countries threatening war is the biggest risk to the world economy in the next century
▼ + stars: | 2024-09-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +1 min

Jamie Dimon warns rising geopolitical tensions could weaken the global economy and stock markets. He labeled Iran, North Korea, and Russia an "evil axis" and criticized China's approach to geopolitics. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJPMorgan CEO Jamie Dimon warned that investors are overlooking a key risk that could significantly weaken the global economy and stock markets over the next century. You have a lot of war taking place right now," Dimon told CNBC-TV18 during a visit to India on Tuesday.

Persons: Jamie Dimon, —, Dimon Organizations: Service, CNBC, TV18, Business Locations: Iran, North Korea, Russia, India

☆ Mysterious magma in extinct volcanoes may be filled with elements needed to power the future
▼ + stars: | 2024-09-24 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

Rare earth elements, such as lanthanum, neodymium and terbium, are critical for helping the world break its long, destructive relationship with planet-heating fossil fuels. These materials — so-called rare earths — are not actually that rare but can be challenging to extract as they are often found in low concentrations. They wanted to understand whether this was “a geological accident, or is there something inherent about those iron-rich volcanoes that makes them rich in rare earth elements?” Anenburg told CNN. Pilot Knob National Wildlife Refuge in Missouri, a former iron-ore mine, could also hold rare earth elements. Some experts have suggested there should be more of a focus on recycling rare earth elements rather than mining.

Persons: ”, Michael Anenburg, Anenburg, Jamie Kidston, Lingli Zhou Organizations: CNN, Australian National University, University of, Chinese Academy of Sciences, ANU, Companies, Vrije Universiteit Amsterdam, Wildlife Locations: China, Kiruna, Arctic Sweden, United States, Chile, Australia, Vrije, “, Missouri

☆ JPMorgan CEO Jamie Dimon warns 'geopolitics is getting worse'
▼ + stars: | 2024-09-24 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. A year after Jamie Dimon named geopolitics as the world's biggest risk, JPMorgan Chase's CEO sounded the alarm again, warning that the state of global stability has gotten worse. During his visit to India, Dimon said in an exclusive interview with CNBC-TV18 released Tuesday: "My caution is all geopolitics, which may determine the state of the economy." "Geopolitics is getting worse, they are not getting better. The interview came almost a year after Dimon had called geopolitics, after Russia's invasion in Ukraine, the biggest risk that he sees facing the world, larger than high inflation or a U.S. recession.

Persons: Jamie Dimon, Dimon, Yemen's, I'm Organizations: JPMorgan Chase & Co, Economic, of New, JPMorgan, CNBC, TV18, ., Federal Reserve, Traders Locations: of New York, Manhattan, New York City, U.S, India, Red, Ukraine, Russia

☆ Meet Brittany Mahomes, Patrick Mahomes' wife who's caught the attention of Taylor Swift and Donald Trump
▼ + stars: | 2024-09-24 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

She played soccer collegiately at UT Tyler and went to play professionally for a season in Iceland. Brittany Mahomes played college soccer at UT Tyler and played professionally in Iceland. Soccer became her primary focus in high school, and she went on to play collegiately at UT Tyler. In 2016, during her senior year, Patrick Mahomes told UT Tyler Athletics, "I am extremely proud of the level of play she has gotten to because all of it is from hard work. After graduation, Brittany signed on to play professionally for UMF Afturelding in Iceland, where she played for one season.

Persons: Brittany Mahomes, Jamie Squire, Patrick Mahomes, Stefani Webb, Brittany, I've, I'm, UMF Organizations: UT Tyler, NWSL's KC, Staff, Soccer, UT Tyler Athletics, UMF Afturelding Locations: Iceland, She's

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