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☆ Amazon's satellite spending has investors on edge. The payoff may be worth the wait
▼ + stars: | 2024-10-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

For now, analysts and investors are looking to Amazon's third-quarter earnings report Thursday night for more clarity. Amazon hopes that Kuiper could bring broadband connectivity to some 400 million to 500 million households that currently lack it. Bank of America, on the other hand, estimates around $3.5 billion in Kuiper spending next year. The Kuiper spending estimates might seem steep, but the analysts aren't telling investors to dump shares. The "ultra-compact" version of the Project Kuiper Amazon

Persons: Jeff Marks, Andy Jassy, Kuiper's, Marks, Kuiper, Evercore, BofA, Morgan Stanley, Morgan Stanley's, Starlink, Elon Musk's, EBITDA, Jim Cramer's, Jim Cramer, Jim Organizations: Amazon, Web Services, AWS, Wedbush Securities, Federal Communications Commission, FCC, Bank of America, FactSet, SpaceX, Viasat, CNBC Locations: Amazon's

☆ Saoirse Ronan's reaction to Paul Mescal's joke shows the power of calling people out in real time: 'That's what girls have to think about'
▼ + stars: | 2024-10-28 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

A clip of Saoirse Ronan responding to Paul Mescal's joke about self-defense went viral. AdvertisementFans on social media praised Saoirse Ronan after a clip of her responding to Paul Mescal's joke about self-defense went viral. saoirse ronan gagging men we love to see it pic.twitter.com/Oyu5cdlPBq — scarlett 🍒 (@rvdlovess) October 26, 2024The clip went viral on X, as one user captioned the footage, "Saoirse Ronan gagging men we love to see it." But the footage of Ronan and Mescal sparked a conversation about how men still don't understand how women think about safety. One X user explained: "Saoirse Ronan is a queen.

Persons: Saoirse Ronan, Paul Mescal's, Mescal, Ronan, —, Graham Norton, Paul Mescal, Eddie Redmayne, Denzel Washington, Redmayne, I'm, mimed, Ronan wasn't, saoirse ronan gagging, Oyu5cdlPBq — scarlett 🍒, ove, ince, einstein, ifetime., ike, orton Organizations: Service, Denzel Locations: oman

☆ How US enterprises drive digital sales with seamless and scalable payment solutions
▼ + stars: | 2024-10-28 | by ( ) www.businessinsider.com time to read: +5 min

Companies must consider customers' desire for local payment methods, frictionless transactions, and evolving government regulations. For both enterprises, a payment platform must do more than simply accept transactions: It must easily adapt to different markets, audiences, and regulatory environments. That's why they have chosen a single-source payment platform to help them innovate and grow. This included payment methods like Momo in Vietnam, Bank Transfer in Indonesia, Pix in Brazil, and UPI in India. Seamless payment processes drive businessEnterprises looking to grow need a payment partner that meets business requirements as well as consumer preferences.

Persons: Dave Wolf, Fubo, Erik Gerson, Adyen, Momo, we've, Wolf, tokenization, Gerson Organizations: Companies, Meta, Reality Labs, Fubo, UPI, tokenization, Insider Studios Locations: Vietnam, Indonesia, Pix, Brazil, India, Adyen

☆ Nvidia overtakes Apple as world’s most valuable company
▼ + stars: | 2024-10-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips. Nvidia’s stock market value briefly touched $3.53 trillion, slightly above Apple’s $3.52 trillion, LSEG data showed. Nvidia ended the day up 0.8%, with a market value of $3.47 trillion, while Apple’s shares rose 0.4%, valuing the iPhone maker at $3.52 trillion. In June, Nvidia briefly became the world’s most valuable company before it was overtaken by Microsoft and Apple. Shares of Nvidia, Apple and Microsoft have an outsized influence on the richly valued technology sector as well as the broader U.S. stock market, with the trio accounting for about a fifth of the S&P 500 index’s weight.

Persons: OpenAI, ”, Russ Mould, AJ Bell, ” Nvidia’s, TSMC, Rick Meckler, “ Organizations: Nvidia, Apple, Microsoft, Western Digital, ”, chipmaker, Huawei, Federal Reserve, Cherry Lane Investments Locations: United States, China, New Vernon , New Jersey

☆ CD, Checking, and Savings Rates Today: Explore Today's Best Rates
▼ + stars: | 2024-10-26 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

Featured High Interest Checking Account Offers Compare checking accounts that offer high APYs, rewards on debit card purchases, or both. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: APYs, —, Cash, we've Organizations: Federal Reserve, Cash Locations: —

I didn't have a car, and doing work exchanges kept my fixed costs a fraction of what I spent in the US. My mindset was also different: I didn't feel the need to spend money to have fun like I do at home. But the mindset I had while living abroad is what really helped me save: I didn't feel the need to spend money to enjoy myself. I spent one summer living in New York City thanks to a work exchange I found on that same website. The traveler's mindset I had while living abroad encouraged me to explore, get creative, and find fun in the simplest activities.

Persons: —, I've, I'd Organizations: Service, Central America, Get, Workaway, Yorkers Locations: Costa Rica, Mexico, Central, Europe, Asia, Portland , Oregon, Japan, Vietnam, Tuscany, New York City

☆ How I turned ChatGPT into my tour guide in Italy
▼ + stars: | 2024-10-26 | by ( Salvador Rodriguez | ) www.cnbc.com time to read: +3 min

Traveling through Italy, I used ChatGPT as a tour guide for the moments where my mom and I wandered into interesting little corners, alleys and buildings where our curiosity was piqued with no tour guide around. As I stood with my mom under the blistering sun in Rome waiting for our audio tour of the Pantheon to begin, I decided to kill some time with ChatGPT. "Pretend you're a tour guide and tell that to me in a more interesting fashion," I wrote. But my favorite ChatGPT use case so far has been as a tour guide in Italy. Elsewhere on our trip, ChatGPT told us that the central figure of the Trevi Fountain was Neptune riding a chariot pulled by sea horses, and explained why Rome's Stadio Olimpico still maintained a monument for Benito Mussolini.

Persons: ChatGPT, OpenAI's ChatGPT, I've, it's, Trevi, Benito Mussolini, Maximilian I, Napoleon III Organizations: Stadio Olimpico Locations: Italy, Rome, Austrian, Lombardy, Venetia, Milan, Mexico

☆ Can 70 Moms Save the Endangered North Atlantic Right Whale?
▼ + stars: | 2024-10-26 | by ( Catrin Einhorn | ) www.nytimes.com time to read: +18 min

There are only about 370 North Atlantic right whales left. Clearwater Marine Aquarium Research Institute, photographed under NOAA permit #20556The birth of Squilla’s calf was a momentous event for their species, the highly endangered North Atlantic right whale. For decades, North Atlantic right whales were slowly recovering after being devastated by centuries of whaling. PEAK 483 400 North Atlantic right whale population 372 The population has declined by about 23 percent in the last decade, according to estimates. Seventeen North Atlantic right whales would be found dead, about 4 percent of the estimated population.

Persons: Squilla, Marco Hernandez, you’re, ”, Erin Meyer, Lawrence, hadn’t, Gina Lonati, She’d, Bob Lynch, “, Lynch, Amy Knowlton, Patrice McCarron, NOAA Marco Hernandez, lobstermen, Janet Mills, Billy Hickey, The New York Times Sarah Sharp, Dr, Sharp, Cheryl Andrews, it’s, McCarron, Michael Moore, ” Dr, Moore, Caroyln Miller Organizations: Atlantic, Georgia Department of Natural Resources, NOAA, Clearwater Marine Aquarium Research, NOAA Fisheries, University of South, National Oceanic, Atmospheric Administration Fisheries, University of New, University of New Brunswick Saint, Oceans Canada, Aerial Survey, Center for Coastal Studies, for Coastal Studies, New, Maine Lobstermen’s Association, Gov, Vineyard, The New York Times, International Fund for Animal Welfare, Tribe, Oceanographic Locations: Georgia, Atlantic, United States, East, University of South Carolina, New York, New England, Fundy, Canada, Gulf, St, Lawrence, Florida, U.S, University of New Brunswick, University of New Brunswick Saint John, Massachusetts, New Brunswick, Cape Cod, “, Maine

☆ 10 US cities with the lowest cost of living, where things from buying a home to a grocery run are relatively affordable
▼ + stars: | 2024-10-26 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

Realtor.com identified the top 10 places in the US with the lowest cost of living. Small cities in the South and Midwest dominate the list, with a Texas city taking the top spot. While the cost of living varies widely from state to state and city to city, several spots across the US can offer residents a comfortable standard of living with prices that don't break the bank. "Home prices in these areas were $100,000 or more below the national median in September," Hannah Jones, senior economic research analyst at Realtor.com, said in the report. Below are the 10 US cities with the lowest cost of living.

Persons: Realtor.com, —, Hannah Jones Organizations: Service, Realtor.com Locations: South, Midwest, Texas, United States, Ohio

☆ Witchcraft isn’t all broomsticks or cauldrons. How real witches make magic
▼ + stars: | 2024-10-26 | by ( Scottie Andrew | ) edition.cnn.com time to read: +8 min

But witchcraft, to Green, isn’t about finding answers to life’s big questions (or death’s, for that matter). “Knowing is overrated.”The way Green practices witchcraft defies stereotypes of broomstick-wielding, cauldron-toting, pointy-hatted witches. The traits others might find strange only strengthen one’s witchcraft, Green said. As long as your intentions are clear and your mind is open, you can become a witch, Samayoa said. “Taking care of yourself is better for your witchcraft.”Both witches said that practicing witchcraft is healing, even if the process remains unfinished.

Persons: Green, they’re, he’s, ”, ” Green, He’s, “ We’ve, It’s, Andrea Samayoa, wasn’t, Samayoa, — Green, WitchTok, Pam Grossman, Agatha, “, they’ve, you’re Organizations: CNN Locations: Northern, Green’s, Green, Tampa, Hurricane Milton

☆ She connected on Instagram with a guy who lived on the other side of the world. Then they decided to meet up
▼ + stars: | 2024-10-25 | by ( Francesca Street | ) edition.cnn.com time to read: +23 min

She enjoyed seeing snippets of Sunil’s life – flashes of him going out with friends, cooking, working out. “I decided I wanted to book a trip to come to India and meet my friend,” she recalls. Amanda didn’t reply right away. There were more than a few raised eyebrows — many of her loved ones worried things had moved too quickly, that Amanda didn’t really know Sunil. “The pandemic was really, really bad here.”Amid this fear and uncertainty, Amanda and Sunil hunkered down with each other and their dog.

Persons: Amanda Boyce, Sunil Rajput’s, Amanda, Sunil, “, ” Amanda, ”, Sunil wasn’t, she’d, ’, —, Sunil —, Amanda wasn’t, Amanda didn’t, I’m, ’ ”, Amanda’s, Sunil — they’d, Sunil Rajput, Amanda Boyce “, I’d, “ Sunil, ” Sunil, we’ll, Amanda Boyce Amanda, ‘, I’ll, “ I’ve, he’d, Here's Amanda, don’t, Sunil hunkered, “ That’s, ’ Sunil, everything’s, We’re, it’s, they’re, you’re Organizations: CNN, CNN Travel, Indira Gandhi International Airport, ” Locations: Brisbane, Australia, India, Sunil, Sunil — Chandigarh, Chandigarh, Instagram, Delhi, Thailand, Bangkok, Canada, Chandigarh –

☆ Innovations in glass technology are driving progress in energy, sustainability, and consumer products. Here's what that looks like.
▼ + stars: | 2024-10-25 | by ( ) www.businessinsider.com time to read: +7 min

Since Otto Schott invented specialty glass in 1884, the simple material has become a cornerstone of modern technology, and driving innovation. From semiconductors to clean energy, home tech, and electric vehicles, glass is the silent enabler of progress. Specially engineered laser glass helped researchers achieve what was once thought impossible: creating more energy from a reaction than was put into it. The light, amplified by active laser glass and focused through precisely crafted optical glass, delivered significant energy to a tiny fuel pellet, triggering a fusion reaction that produced a net energy gain. The fusion reaction generated 3.15 megajoules of energy, exceeding the 2.05 megajoules of laser energy delivered to the target.

Persons: Bill James, Otto Schott, SCHOTT Organizations: SCHOTT North, Industry, photonics, Lawrence Livermore National Laboratory, SCHOTT, Insider Studios Locations: SCHOTT North America

☆ Illnesses from bacteria in food are on the rise. A doctor explains how to avoid them
▼ + stars: | 2024-10-25 | by ( Katia Hetter | ) edition.cnn.com time to read: +8 min

I wanted to know about foodborne illnesses and what can be done to improve food safety practices. And what should people do to reduce their chances of contracting foodborne illnesses? Dr. Leana Wen: There are several bacteria, viruses and parasites that can cause foodborne infections. The most common foodborne infection is caused by norovirus, which causes about half of all outbreaks of food-related illnesses in the US. Local health departments will keep you updated on possible foodborne illnesses associated with local stores and restaurants.

Persons: Leana Wen, Wen Organizations: CNN, US Centers for Disease Control, Food and Drug Administration, Eye Foundation, Nat, George Washington University Locations: United States

☆ 33+ best gift ideas for men in 2024
▼ + stars: | 2024-10-24 | by ( Cory Fernandez | Cory Fernandez Is A Commerce Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +22 min

Brainstorming great gift ideas for men in your life, whether it’s your husband, boyfriend, dad or brother, goes a long way in making their holiday memorable. To find the best gift ideas for men, I gathered a long list of products and even got recommendations from my fellow NBC Select editors and writer, who tests hundreds of products every year. SKIP AHEAD The best tech gifts for him | The best food and home gifts for him | The best fitness and wellness gifts for him | The best apparel and accessories gifts for him | Why trust NBC Select? The Amazon Echo Dot is a great gift idea for someone who wants to have a “smart home” but doesnt know quite where to start. The Theragun Mini Massage Gun is a great gift idea for someone who regularly works out and wants to improve their recovery time.

Persons: Apple, Marshall, Jordan Bowman, Bowman, ”, they’ve, Bianca Alvarez, she’s, “, gifting, Alvarez, It’s, Lauren Swanson, They’re, Zoe Malin, Swanson, Harry Rabinowitz, Rabinowitz, Surie, Rosalie Sparaco, I’ve, Le Labo, Abercrombie &, Buck Mason, Steve Madden, TikTok Organizations: NBC, Apple, Apple Watch, Amazon, Bluetooth, Bose, Anker Power Bank, Press, Chicago Marathon, Clifton, Garmin, Adidas, Abercrombie, Abercrombie & Fitch, TSA, Facebook, Twitter Locations: New York City, stow, Lululemon, Patagonia

☆ How to talk about politics when traveling abroad
▼ + stars: | 2024-10-24 | by ( Kim Davis | ) edition.cnn.com time to read: +11 min

So how can you talk politics when traveling abroad without offending others, looking stupid or starting a bar fight? Now, when I travel, I like to ask people about how American politics directly affect their lives. Let the other person talk firstPeople have different intentions of why they want to talk politics with you. But if you want to talk about politics abroad, you might want to consider how the locals communicate and adapt your style. She is American by birth, with European ancestry and British residence, giving her a global perspective on what it’s like to be an American abroad.

Persons: Giles, Guven, Queen Elizabeth II, Kenny Rogers, “, “ They’re, Caffè Florian, Andrea Pattaro, I’ve, doesn’t, it’s, ” “, ” You’ll, Kim Davis Organizations: CNN, Cathedral Locations: Scotland, England, United Kingdom, St, Edinburgh's, New York, London, Asia, Europe, Venice, AFP, United States, Paris, American

In the final days of the race, Harris is expected to stress that she still believes she and her running mate, Minnesota Gov. Tim Walz, are the “underdogs” in the race and that “nothing can be left on the field,” a Harris aide said. Harris has also started to use video clips of Trump’s comments at her rallies, a pattern that is expected to continue. A Harris campaign aide said the strategy is viewed as a “smart way to force a conversation about him.”“A huge part of our thinking is that we need to show his lack of fitness,” the person said. “Donald Trump’s comments continue to become more bizarre and more strange, and that’s something that should concern the American people and, in these closing days,” Garcia told NBC News on Wednesday, “Kamala Harris will make that argument.”

Persons: WASHINGTON —, Kamala Harris, Harris, Barack Obama, Michelle Obama, Donald Trump, Tim Walz, Trump, ”, Joe Biden, “, ” Harris, Robert Garcia, “ Donald Trump’s, ” Garcia, “ Kamala Harris Organizations: WASHINGTON, Democratic, Minnesota Gov, ”, Trump, Harris, NBC News Locations: Georgia, Michigan, American

If you’re in a similar situation, you can peruse my list of the best gifts for someone you don’t know. SKIP AHEAD The best gifts for someone you don’t know in 2024 | Why trust NBC Select? Stationery sets and notebooks are some of our go-to items when it comes to buying gifts for someone you don’t know. One of the best gifts I’ve ever received is this reusable water bottle from Hydro Flask. I’m an associate reporter covering skin care and hair care and frequently write about new products for NBC Select.

Persons: I’ve, ”, Rebecca Rodriguez, “ I’ve, I’m, Zoe Malin, Lindsay Schneider, Malin, “, that’s, terry, Frank Stella, Schneider, Goetz, They’re, Le Creuset, Le, Cory Fernandez, Mili Godio, wicks, Fernandez, TikTok Organizations: NBC, Le, Stationery, Nordstrom, Facebook, Twitter

☆ Life after Intel: After rounds of layoffs and buyouts, some Intel insiders are abandoning the corporate grind altogether
▼ + stars: | 2024-10-24 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +8 min

Some longtime Intel employees are eligible for up to 19 months of severance. After years of layoffs, buyouts, and even one temporary pay cut, many employees have thought about what they might do after Intel. BI spoke to three former Intel employees who are using the company's hard times as an opportunity to upend their lives. Over his 24 years at Intel, Guha used his spare time to develop a wealth management strategy based on the philosophies of Warren Buffet. Lessons learned at IntelThough several departing Intel employees expressed some frustration with the current state of the company, they still believe it can be successful.

Persons: —, Shi Choong, she's, Choong, It's, Javier Apostol, Apostol, he's, Sumit Guha, Guha, Warren Buffet, He's, sabbaticals Organizations: Intel, Service, Business, IRS, AARP, Engineers Locations: Portland, Oregon, San Francisco Bay, Puerto Vallarta, Mexico, Arizona, Yuma County , California, formalwear

☆ Why Walmart stock keeps hitting new highs, making the Waltons richer than ever
▼ + stars: | 2024-10-24 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

Walmart stock has soared 58% this year to record highs, making its founding family richer than ever. Retail legend Sam Walton's three surviving children are each worth more than $100 billion. Walmart and the Waltons have benefited from a signature strategy and cost pressures on consumers. The stock surge has added more than $32 billion to the fortunes of each of founder Sam Walton's three surviving children — Jim, Rob, and Alice. But it's true the vast majority of the family fortune remains in the hands of Sam Walton's children.

Persons: Sam Walton's, —, they're, Jim, Rob, Alice, Elon Musk, David King, who've, King, Art Weinstein, Florida who's, Weinstein, Sam Walton shrewdly, . King, Jeff Bezos, Mark Zuckerberg, Sam Walton, John T, Lukas Walton, it's Organizations: Walmart, Waltons, Service, Bloomberg, Elon, Sam's, Management, Florida State University, Logistics, Procter, Nova Southeastern University, Tech, Tesla, SpaceX, Amazon Locations: Florida

☆ Key lines from Kamala Harris’ town hall on CNN
▼ + stars: | 2024-10-24 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +12 min

CNN —Vice President Kamala Harris tried to engage undecided and persuadable voters at a CNN town hall in Delaware County in the key state of Pennsylvania on Wednesday. Vice President Kamala Harris participates in a CNN Presidential Town Hall moderated by CNN’s Anderson Cooper in Delaware County, Pennsylvania, on October 23, 2024. Rebecca Wright/CNNFor people looking for specifics on policy, Harris did not offer many details, although she did talk about a new $6,000 child tax credit for newborns and addressing housing affordability. HarrisCNN’s Anderson Cooper moderates a CNN Presidential Town Hall with Vice President Kamala Harris in Delaware County, Pennsylvania, on October 23, 2024. HarrisOn banning fracking in particular, Cooper asked an important question.

Persons: Kamala Harris, Donald Trump, CNN’s Anderson Cooper, Trump’s, John Kelly, they’re, He’s, Cooper Harris, Kelly, Harris Cooper, Harris, Trump, ” Harris, –, Harris Harris, Rebecca Wright, Republicans – haven’t, We’ve, Harris That’s, Liz Cheney, what’s, I’ve, Biden, dissing Joe Biden, Joe Biden, Cooper, Harris CNN’s Anderson Cooper, CNN Cooper, I’m, COOPER, HARRIS, …, Esther, ‘, Harris Esther, – Harris, ”, ” He’s Organizations: CNN —, CNN, Trump, New York Times, Trump Republicans, Democrat, CNN Presidential, Democrats, Republicans, Hall, United, Democratic, fracking Locations: Delaware County, Pennsylvania, Delaware County , Pennsylvania, Wade, Israel, United States, Persia, California

☆ SpaceX’s Crew-8 capsule is coming home. Here’s why Boeing Starliner’s astronauts aren’t on it
▼ + stars: | 2024-10-24 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

SpaceX's Crew-8 from right to left: NASA astronauts Jeanette Epps, Matthew Dominick, Michael Barratt, and Roscosmos cosmonaut Alexander Grebenkin. Williams and Wilmore, for the record, have now been on the space station more than 18 weeks. The SpaceX Dragon Endeavour spacecraft is pictured beyond the Candarm2 robotic arm moments after undocking from the Harmony module of the space station with four Crew-8 members. And NASA previously confirmed the Starliner astronauts are prepared to make such a shift. Extended stays in spaceIt’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months.

Persons: Suni Williams, Butch Wilmore —, Williams, Wilmore, Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, Roscosmos, SpaceX Williams, That’s, Wilmore —, Cardman, Stephanie Wilson —, Boeing’s Starliner, they’re, ”, Dana Weigel, “ Butch, Suni, ” Weigel, “, Nick Hague, Russia’s Aleksandr Gorbunov, ” Williams, Frank Rubio, yearlong, “ I’m Organizations: CNN, International Space Station, NASA, SpaceX, ISS, SpaceX's, Cape Canaveral Space Force, SpaceX’s, Spaceflight, Boeing, Expedition, Space Station Locations: Florida, Russian

Despite how impactful military attire has been on my wardrobe, only one style had illuded me — a nice leather flight jacket. That was until I found Quince's Shearling Collar Leather Flight Jacket, a $200 take on the iconic style that still checks off all the boxes. Quince Shearling Collar Leather Flight Jacket Made from genuine sheepskin leather and sheep shearling, Quince's Leather Flight Jacket is an affordable and stylish variation of the iconic B-3 bomber jacket. The Quince Shearling Collar Leather Flight Jacket is the perfect weight to comfortably wear throughout the fall. AdvertisementThe bottom lineQuince's Shearling Collar Leather Flight Jacket is one of the best menswear deals I've seen in a long time, and it didn't have to go on sale to achieve that.

Persons: I'm, Amir Ismael, Quince, Quince's, you've Organizations: Business

☆ Nike vs. Lululemon: Pairs trading explained and how to execute one with options
▼ + stars: | 2024-10-24 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

Pairs trading is a market-neutral trading strategy that involves simultaneously buying one asset, such as a stock, and selling another related asset. We will review a pairs trade candidate and how to execute it with options. The idea with pairs trading is that, from time to time or over time, there may be a divergence or spread in their prices. Alternatively, another form of pairs trading takes a longer-term and more fundamental perspective. Nike vs. Lululemon Well-known athletic apparel companies Nike (NKE) and Lululemon Athletica (LULU) aren't direct competitors.

Persons: Jim Simons, shorting, Lululemon Athletica, LULU, aren't, Michael Jordan, Tiger Woods, Serena Williams, Lulu, DK Metcalf, Jordan Clarkson, Leylah Fernandez, Lululemon, Lulu hedged Organizations: Ford, General Motors, Technologies, Nike, Seattle Seahawks, NBA, LULU, Lululemon, mojo, CNBC, NBC UNIVERSAL Locations: Lulu

☆ Here’s why mortgage rates are rising after the Fed’s rate cut
▼ + stars: | 2024-10-24 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Expectations of a Fed rate cut caused mortgage rates to drop to a two-year low of 6.08% in late September, but it failed to spur homebuying activity. Every percentage point on a mortgage rate makes a big difference for that monthly payment. Here’s what’s driving the recent upswing in mortgage rates. Mortgage rates track the 10-year US Treasury yield, which was expected to fall in anticipation of further rate cuts. “I am clearly not going to own any fixed income.”The government’s fiscal situation might already be having an impact on mortgage rates.

Persons: Freddie Mac, pare, what’s, ” Sam Khater, Freddie Mac’s, Robyn Beck, Donald Trump, Kamala Harris, Harris, “ We’re, Paul Tudor Jones, “, ” Lawrence Yun, Kimberly Bradley, Zach, Kimberly, “ I’ve, ” Kimberly, ” Ken Lowrey, Ken Lowrey, “ homeownership, ”, Lowrey Organizations: Washington CNN, Federal Reserve, National Association of Realtors, Mortgage, Association, Treasury, Getty, Federal Budget, Trump, CNBC, US Postal Service Locations: AFP, Manteo , North Carolina, Charleston , South Carolina

☆ Fact check: Kamala Harris town hall on CNN
▼ + stars: | 2024-10-23 | by ( Cnn Staff | ) edition.cnn.com time to read: +7 min

CNN —Vice President Kamala Harris joined CNN’s Anderson Cooper for a town hall in the critical swing state of Pennsylvania on Wednesday night, where she faced questions directly from persuadable and undecided voters less than two weeks before Americans head to the polls on Election Day. Former President Donald Trump was invited but declined to participate in a CNN town hall. Separate studies estimate that the impact of Trump’s proposed tariffs would also raise prices for families, but by a lower amount. From CNN’s Piper Hudspeth BlackburnHarris’ claim on Trump’s tax cutsVice President Kamala Harris slammed her opponent former President Donald Trump for putting in place policies that benefitted the wealthy during his first term. “Donald Trump, when he was president, gave tax cuts to the richest, to billionaires and big corporations,” she said at CNN’s town hall.

Persons: Kamala Harris, CNN’s Anderson Cooper, Donald Trump, Harris, Trump, He’s, Katie Lobosco Harris, “, Anderson, Mike Pence, Rather, Joe Biden, “ Joe Biden, Daniel Dale, Ella Nilsen Harris, Donald Trump’s, ”, Harris ’, Tim Walz, Piper Hudspeth Blackburn Harris ’, “ Donald Trump, Tami Luhby Organizations: CNN, Center for American Progress Action, CAP, Peterson Institute for International Economics, Center, Democratic, US, Protection, Army Corps of Engineers, CBS Locations: Pennsylvania, persuadable, Mexico, CNN’s

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