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Tomas Ouhel, second from the right, was the first of four friends to see the Indonesian island. Source: Segara Bumi IndahThey then built staff quarters, a beachfront communal space and four more guest bungalows, which together can fit 12 people. Source: Segara Bumi IndahThe island costs $999 per night for eight people. Source: Segara Bumi IndahThe final leg of the journey is an hour and a half boat ride to Pinang Island. Source: Segara Bumi IndahHe also said the island isn't for travelers looking for a high-end vacation.
Persons: Richard Kvech, Tomas Ouhel, Stephan Kotas, Martin Mrazek, Kvech, He's, it's Organizations: CNBC Travel, Garmin, Fifan Foundation Locations: Kvech, Czech Republic, Sumatra, Bangkaru, Indonesian, Pinang, Plenty, Singapore, Kuala Lumpur, Medan, North Sumatra, Singkil, Indonesia's Aceh, Nias
Gold rangebound as investors brace for key U.S. economic data
  + stars: | 2024-10-03 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices were trading in a tight range on Thursday as traders remained on the sidelines ahead of a key U.S. economic data that may provide clues about the size of the Federal Reserve's interest rate cuts expected later this year. Gold prices were trading in a tight range on Thursday as traders remained on the sidelines ahead of a key U.S. economic data that may provide clues about the size of the Federal Reserve's interest rate cuts expected later this year. Investors are watching out for the ISM services data and the initial jobless claims, due later in the day, along with the U.S. non-farm payroll data expected on Friday. Gold tends to thrive in a low interest rate environment and political turmoil. Elsewhere, Perth Mint's gold product sales touched a 10-month high in September, while silver sales hit a seven-month high.
Persons: Brian Lan, , CME's, Lan Organizations: GoldSilver Central, Investors, U.S . Locations: Singapore, Israel, Beirut, Iran, Perth
While dogs are a man's best friend, they do add risk to a household and present challenges when you shop for homeowners insurance if you've run into the dog breeds insurance blacklist. Here's how dog breeds can affect your homeowners insurance, including the specific types of aggressive dog breeds that might increase your premiums or limit coverage options. The Most Commonly Restricted Dog BreedsDog breeds insurance blacklist usually varies by carrier, but here are some of the most common dog breeds that homeowners insurance companies tend to restrict. Dog Breeds Banned by Homeowners Insurance FAQHow do I find out if my dog is on the dog breeds insurance blacklist? Yes, some homeowners insurance companies that don't restrict dog breeds include State Farm, Chubb, and USAA.
Persons: Deborah Turner, Turner, Doberman, Danes Chow Chows, Courtnye Jackson, Chubb, USAA —, Jackson, Jamela Adam, Read Organizations: Insurance, Dean Insurance Agency, underwriters, Bulls, Huskies Staffordshire Terriers, Pit Bulls, Rottweilers, Insurance Information Institute, Triple, American Society for, Prevention, American Property, Casualty Insurance Association, American Kennel Club, Forbes, . News, Mint Intuit Locations: New York , Nevada, Illinois
The US port strike on the East and Gulf Coasts could threaten farm exports amid harvest season. AdvertisementThe US port strike at East and Gulf Coast ports isn't just impacting bananas and consumer imports into the country — it could hurt America's farm exports too. Seyfert told Politico on Friday that while some farm exports can be moved to the West Coast for shipping, there's probably not enough capacity there. "A prolonged strike would force importers to seek alternative supplies, either from West Coast ports or other countries," wrote Glauber. AdvertisementLogistics experts told Business Insider's Tim Paradis that the port strike could damage the US economy badly.
Persons: Joe Biden, , Mike Seyfert, Seyfert, Joseph Glauber, Tim Paradis, Biden Organizations: Association, Service, White, Politico, Food Policy Research Institute, Logistics, United States Maritime Alliance, International Longshoremen's Association Locations: Gulf, East, Gulf Coast, West Coast, Mexico
Vcg | Visual China Group | Getty ImagesFed up with China's employment situation, young people on the mainland are retreating to the countryside. China's youth unemployment rate in August hit a new record of 18.8%, the highest since the new system of record-keeping began in December. Young Chinese transplanting rice seedlings in a field. Vcg | Visual China Group | Getty ImagesBut China's young "retirees" have pushed back against criticism that they are too picky or have given up. Such accusations, while unfair, are understandable in Chinese societal culture and context, said Hang Seng Bank China's Wang.
Persons: Gen, Wenzi Dada, Chung Chi, Chung Chi Nien, That's, Chung, Dan Wang, Wang, Keyu Jin, Wenzi, Gen Z Organizations: Visual China, Getty, CNBC, Hong Kong Polytechnic University, Hang Seng Bank, London School of Economics, Hang Seng Locations: Chongqing, China, Guizhou, Wenzi, Yunnan, Sichuan —, Shanghai, Hang Seng Bank China
New York CNN —Toilet paper shortages in stores across America are giving folks nightmarish reminders of the pandemic era. But the lack of toilet paper isn’t a direct result of a major port strike Tuesday. Reports of shortages filled social media Tuesday, showing empty shelves where toilet paper and, to a lesser extent, paper towels were supposed to be. The overwhelming majority — more than 90% by some estimates — of US toilet paper consumption comes from domestic factories. Any toilet paper hoarded today will last until the next round of panic buying, even it happens years from now.
Persons: , It’s Organizations: New, New York CNN, Walmart, Costco, Target, and Paper Association, American Farm Bureau Locations: New York, America, Virginia, Monmouth County NJ, reax, Maine, Texas, Canada, Mexico, Wilmington , Delaware
Key data prints are hovering in recession territory, Megan Horneman said. "I think investors got a little ahead of themselves," she said. This over-enthusiasm could cost the market heavily, pushing stocks toward a 7% to 10% drop, the chief investment officer said. "I think investors got a little ahead of themselves as far as the what strength there is in the economy," she told Yahoo Finance. Still, these data prints have taken a backseat to labor data, which holds the spotlight on Wall Street.
Persons: Megan Horneman, , Tim Fiore, Morgan Stanley, Horneman Organizations: Yahoo Finance, Service, Conference Board, September's, PMI, US Federal Reserve
President Biden said on Tuesday that his administration will be "monitoring for any price gouging activity" that benefits foreign ocean carriers, including those on the USMX board. He also said "foreign ocean carriers have made record profits since the pandemic, when Longshoremen put themselves at risk to keep ports open." UBS forecast that 20% of Maersk's total volume would touch a U.S. port that would be impacted by the strike. Acting Secretary Julie Su lashed out at the idea that labor wage increases would be passed onto U.S. exporters and importers. I know they understand, just as consumers and American workers understand, that foreign companies who profit from our economy and who employ American workers and have an impact on American consumers should do the right thing, and in that battle, we are always going to stand with American workers, American businesses and American consumers."
Persons: Biden, Longshoremen, majeure, Daggett, Harold Daggett, Lars Jenson, Pete Buttigieg, Julie Su, Taft, Hartley, Buttigieg, Larry Lindsey, Su, Peter Friedmann, I've, nonfarm, Helene, switchers, they're, Jim Bianco, CNBC's, Peter Boockvar, Alan Baer, Steve Lamar, Taft Hartley, Lamar, CNBC's Jeff Cox Organizations: CMA, U.S, United States Maritime Alliance, Vespucci, Federal Reserve, Transportation, Labor, International Longshoremen's Association, UBS, Maersk, Federal Maritime Commission, ILA, Boeing, The Lindsey Group, Agriculture Transportation Coalition, Bianco Research, Bleakley Financial, USA, American Apparel and Footwear Association, Biden Administration, Locations: East, Gulf Coast, U.S, autoworkers
Jimmy Carter, who turns 100 on Tuesday, grew up on a peanut farm in Archery, Georgia. The Carter farm is now a historic site where visitors can tour his childhood home and bedroom. However, before he lived in the White House, he grew up in a humble home on his family's peanut farm in Archery, Georgia. The family's home didn't have running water until Carter was 11 years old and didn't get electricity for another three years after that. AdvertisementHere's a look inside his family's famous peanut farm.
Persons: Jimmy Carter, Carter, Organizations: Service, The New York Times Locations: Archery , Georgia, Archery
CNN —While fall vibes and pumpkin spice lattes have already been upon us for a number of weeks, it’s now official: spooky season is finally here. Here’s your handy guide for all things spooky coming out this Shocktober, on screens and streams:“Hold Your Breath”Sarah Paulson in "Hold Your Breath." “‘Salem’s Lot” premieres on October 3 on Max, which like CNN is owned by Warner Bros. Brownie HarrisJudging from the trailer, this PG-13-rated caper still looks somewhat spooky, with a healthy helping of “Stranger Things”-style nostalgia thrown in. Will Stone/VerticalA bizarre but madcap-looking rom-com/horror hybrid, “Your Monster” follows a distraught woman (Melissa Barrera, fresh off her tenure of 2022’s “Scream” and “Scream VI”) who discovers a beastly but charming monster in her closet.
Persons: it’s, Agatha, Sarah Paulson, ” Ariana deBose, Balazs Glodi, Oscar, Ariana DeBose, Barbie Ferreira, Justin Lubin, Max Vampires, Stephen King, Rob Lowe –, , Mel Gibson, Mason, Brownie Harris, Vineyard, Patrick Renna, Dylan O'Brien, Max, Dylan O’Brien, Wolf, “ Teacup, Caleb Dolden, Yvonne Strahovski, Daniel McFadden, Peacock, Scott Speedman, David Howard Thornton, Jesse Korman, , Naomi Scott, Drew “, ” Barrymore, Lukas Gage, Julie Bowen, – Leigh Whannell, Cary Elwes, Tobin Bell, Leigh Whannell, Shawnee Smith, Kelsey Asbille, ” Kelsey Asbille, Michelle Pfeiffer, Costarring Finn Wittrock, Sam Raimi, Melissa Barrera, Tommy Dewey, Will Organizations: CNN, Disney, Hulu, , Warner Bros ., Paramount, Netflix Locations: Oklahoma, Maine, Shudder, Caddo, Georgia, cineplexes
Shrimping on a stranger's boat in Norway's FjordsOn this trip, I want to do something different and create a community of people that I could ask for recommendations. Related storiesI received a direct message from a shrimp company, Færder Sjømat, asking if I wanted to join them on a shrimp boat. It was just me and the two of them on the little boat, so it felt really personal. Another challenge is that when you're traveling by yourself, you're fully in charge of taking care of yourself. So my advice is — if you're traveling solo, slow down, and learn how to take care of yourself and your health on the road.
Persons: Gabriel Escobar backpacked, , Gabriel Escobar, Færder Sjømat, Escobar, Gabe Escobar, I'd Organizations: Service Locations: Europe, Norway, Copenhagen, Shrimping, Oslo, Norwegian
The strike, which was confirmed by the Port Authority of New York and New Jersey as well as the Port of Virginia, began at midnight. The strike will stop the flow of a wide variety of goods over the docks of almost all cargo ports from Maine to Texas. The ports involved include the Port of New York and New Jersey, the nation’s third-largest port by volume of cargo handled. Port Wilmington in Delaware describes itself as the nation’s leading banana port, bringing in a large share of America’s favorite fruit. President George W. Bush applied the act in 2002 to halt an 11-day lockout of union members at West Coast ports.
Persons: haven’t, USMX, ” Harold Daggett, containerization, John McCown, Biden, , Joe Biden, Taft, Hartley, George W, Bush, , ” Biden, ” It’s, Daggett, “ It’s, Peter Tirschwell, ’ ” Organizations: New, New York CNN, International Longshoremen’s Association, Port Authority of New, United States Maritime Alliance, American Farm Bureau, Retailers, ILA, , P Global Market Intelligence, CNN Locations: New York, Gulf Coast, Port Authority of New York, New Jersey, of Virginia, Maine, Texas, of New York, Port Wilmington, Delaware, West Coast, Taft
When a stock or ETF becomes overbought, it can maintain that condition for an extended period. In the one-year daily chart of Consumer Discretionary Select Sector SPDR (XLY) below, I've highlighted two similar instances from the past. RSI (Relative Strength Index): As a stock rises, the relative strength index (RSI) measures the strength of the trend. Once in overbought territory, it's advisable to wait until the RSI falls back below 70 before considering a contrarian trade. The trade To benefit from a pullback in XLY, the trade structure I am going to use is called a "bear put spread".
Persons: Nishant Pant Organizations: Federal Reserve, CNBC, NBC UNIVERSAL Locations: overbought
Nikky de Graaf, 30, moved to the countryside to live in a cottage on her parents' land. She spent $3,000 to set up the tiny home and doesn't feel like she is missing out on big-city life. Nikky de Graaf lives in a cottage in the rural countryside of the Netherlands. It has a beautiful view of the surrounding fields, and I really love it. AdvertisementI love this life, and I don't really miss out on any of the city activities, because living in the countryside gives me so many other things to enjoy.
Persons: Nikky, , Nikky de, I've, Nikky de Graaf, de, that's, De Graaf, de Graaf Organizations: Service, Utrecht —, Amsterdam —, YouTube Locations: Graaf, Nikky de Graaf, Netherlands, Utrecht, Amsterdam, de Graaf, that's
Past debate footage reveals that both generally veer away from personal attacks and prefer loftier rhetoric to digging deeply into specific facts to establish policy credibility. Their past debate opponents said they didn’t always provide direct answers to questions. In both the primary and general election debates, Vance often stuck to policy areas he felt most comfortable with: immigration, the economy and drug control. According to those interviews and evidence from his past debates, Vance, a Yale Law School graduate, seems to enjoy getting into verbal volleys. Tim Walz debates for governor on August 17, 2018, at Grand View Lodge, in Nisswa, Minnesota.
Persons: Kamala Harris, Donald Trump, Tim Walz, Ohio Sen, JD Vance, Walz, Harris, Vance, The Walz, , We’re, , Rebecca Pearcey, Trump, Tim Ryan, Ryan, I’ve, ” Vance, , he’s, ” Ryan, , ” JD Vance, Bret Baier, Martha MacCallum, Andrew Spear, Ohio Republican Michael Gibbons, “ JD, it’s, , George Floyd, Walz’s, Walz didn’t, Jeff Johnson, ” Walz, Johnson, Allen Quist, Quist, Sen, John McCain’s, Glen, Republican Scott Jensen, Derek Chauvin’s, Daunte Wright, doesn’t, Tim Kaine, Mike Pence, let’s Organizations: CNN, Minnesota Gov, Ohio, Democratic, Trump, Republican National Convention, New York Times, Rep, Ohio Republican, Fox News, Yale Law School, Republican, Minnesota’s, Congressional, Republicans, Minnesota Star Tribune, Getty, National Guard, Pence Democratic Locations: Atlanta, New York, Ohio, Columbus , Ohio, United States, , Youngstown, Minnesota, Nisswa , Minnesota, Glen Stubbe
The maritime alliance represents the major shipping lines, all of which are foreign owned, as well as terminal operators and port authorities. Depending on the length of the strike, there could be shortages of consumer and industrial goods, which could then lead to price hikes. What could be in short supplyThe ports involved include the Port of New York and New Jersey, the nation’s third-largest port by volume of cargo handled. Port Wilmington in Delaware describes itself as the nation’s leading banana port, bringing in a large share of America’s favorite fruit. The union has pledged to continue to handling military cargo even during a strike and said passenger ships won’t be affected.
Persons: , ” Harold Daggett, containerization, John McCown, Biden, , Joe Biden, Taft, Hartley, George W, Bush, Julie Su, Peter Buttigieg, Lael Brainard, ” Biden, ” CNN’s Arlette Saenz Organizations: New, New York CNN, Gulf Coasts, International Longshoremen’s Association, ILA, United States Maritime Alliance, American Farm Bureau, , Business, Labor, National Economic Council, CNN, Union, Labor Department Locations: New York, Gulf, Maine, Texas, of New York, New Jersey, Port Wilmington, Delaware, Port, Baltimore, West Coast, Taft
"I didn't want to finish the story with a presumption that we would make more 'The Wild Robot' movies. Warning: Spoilers ahead for "The Wild Robot" book and movie. 'The Wild Robot' movie's ending is more cinematic than the book's"The Wild Robot." DreamWorks AnimationBrown has written two other books in the series, "The Wild Robot Escapes" and "The Wild Robot Protects." When asked if he'd begun work on a sequel to "The Wild Robot," Sanders answered slyly, "Maybe we are."
Persons: Chris Sanders, Peter Brown's, Sanders, , Peter Brown, Roz, Lupita Nyong'o, gosling, Stephanie Hsu, Kit Connor, Brightbill, she's, Brown, he'd, slyly, She's Organizations: DreamWorks, Service, DreamWorks Animation Locations: Brightbill
Trump, more so than any American president in modern history, has directly targeted individual US businesses, threatening them with everything from boycotts and canceled federal contracts to unthinkably high tariffs. Deere, the farm equipment maker founded nearly 200 years ago, became just the latest storied brand to get singled out by Trump. Bigger picture, the attack on Deere fits a broader pattern of Trump bullying companies when it suits him. “John Deere is an outstanding company. “Ultimately, it would lead to fewer sales, less revenue, less growth and fewer employees for John Deere,” said McDaniel, now a senior research fellow at George Mason University’s Mercatus Center.
Persons: New York CNN —, John Deere, they’ve, Donald Trump, Trump, “ Trump, Bill George, , Nordstrom, Ken Frazier, Donald J, Trump’s, Julian Zelizer, Harry Truman, John F, Kennedy, Teddy Roosevelt, , Zelizer, ” Zelizer, ’ Trump, “ I’m, we’ll, ” Trump, George, “ John Deere, ” Christine McDaniel, George W, Bush, Deere, McDaniel, George Mason University’s, Billionaire Mark Cuban, Kamala Harris, Washington, Mary Lovely, ” Lovely Organizations: New, New York CNN, New York CNN — Apple, General Motors, Facebook, Trump, Deere, CNN, White, Apple, San Bernardino, FBI, US Postal Service, Boeing, Air Force, Motors, Merck, Meta, CNBC, Google, Princeton University, Harvard University, Center, Billionaire, Fox News, Street Journal, Peterson Institute for International Economics Locations: New York, Midwest, Mexico, San, Charlottesville , Virginia, United States, Pennsylvania, American, North America, Canada
It doesn’t make economic – or logistical – sense to ship many of the goods that come into East Coast ports by alternative ports of entry – or by plane. That means America could see some shortages of chocolate, alcohol, popular fruit, including bananas and cherries, and even certain cars if the strike lasts a long time. A potential strike at this and other ports on the Gulf and East costs could start early Tuesday. And the federation and its members are concerned with how long it will take to recover from even a short strike. And many of those imports come in through East and Gulf coast ports.
Persons: ” Jonathan Gold, Brandon Bell, Gold, , , That’s, Danny Munch, Munch, ” Chris Swonger, Swonger, Erin Keating, Mark Gillies, Loren Elliott, Chris Frey, Cox Organizations: New, New York CNN, National Retail Federation, CNN, Port, Houston Authority, ILA, American Farm Bureau, Consumers, Cox Automotive, , Cox, Volkswagen, ” Audi, Auto, Bloomberg, Getty Locations: New York, East, Gulf Coast, East Coast, America, West Coast, United States, Port Wilmington, Delaware, Michigan, Europe, South America, Port of New York, New Jersey, Port of Houston, Gulf, Asia, Midwest
The S&P 500's positive performance this year means that a Harris victory is likely, history says. The S&P 500 has gained 10% since August 5, and if it keeps going up, a Harris victory seems imminent. Likewise, the so-called Misery Index is flashing a Harris victory. If the stock market declines, the outlook for a Harris victory could quickly sour. While these indicators might be flashing a Harris victory for now, nothing's set in stone leading up to this election.
Persons: Harris, , LPL, Adam Turnquist, Turnquist, it's, Jerome Powell, Lynch, nothing's Organizations: Service, Comerica Wealth Management, Federal
The good news is that recent data suggests a decline in overdose deaths, the first significant drop in decades. Skyrocketing overdose deaths are nearly unavoidable, regardless of whether a state enforces tough penalties for drug possession or decriminalizes it. Since 2021, at least two-thirds of America’s 100,000 annual overdose deaths involved a synthetic opioid like fentanyl. Overdose deaths in the Northeast Deaths per 100,000 people Looking at regional overdose deaths shows this pattern clearly. It’s not coincidental that the exponential rise in overdose deaths has occurred in tandem with a profound increase in income inequality.
Persons: bartenders, skyrockets, didn’t Organizations: for Disease Control, National Forensic Laboratory Locations: East Coast, United States, America, East, Mississippi, Texas, Idaho, Oregon, New York City, Chicago, Rural West Virginia, Florida, West, U.S, Mexico
Sharon Binkey is a part-time nanny with a degree in early childhood education. Binkey, 58, says she'd love to babysit her six grandkids but is estranged from her daughters. AdvertisementThis as-told-to essay is based on a conversation with Sharon Binkey, 58, a part-time nanny and book author from Pittsburgh. AdvertisementI have a real rapport with children and became a nanny about a decade and a half ago. I'm a nanny for a couple I met in churchChildren are — and have always been — my world.
Persons: Sharon Binkey, , Gary, hadn't, they'd, I'd, they're, hasn't Organizations: Service, Business Locations: Pittsburgh, Boston
More than 100 were killed at a crocodile farm in Lamphun, northern Thailand, after a typhoon damaged their enclosure. More than 100 crocodiles were killed to prevent them from escaping after a typhoon damaged their enclosure in Lamphun, northern Thailand. Among the crocodiles killed was one named Ai Harn, the eldest male breeder and leader of the pack, at 4 meters (13 feet) long. Earlier this year, 60 Siamese crocodile eggs hatched in Cambodia, the largest recorded breeding event for the species this century. Thai crocodile farmer Natthapak Khumkad owns the biggest crocodile farm in the province of Lamphun, northern Thailand.
Persons: , Khumkad, Natthapak, , Yagi, Benjamin Horton, Hurricane Ian, CrocodileLamphun Natthapak, ” Natthapak, Pornthip Nualanong, Ai Harn, Pornthip, suckling, Natthapak Khumkad Organizations: Bangkok CNN, CNN, Observatory of, International Fund for Animal Welfare Locations: Bangkok, Lamphun, Thailand, China, Southeast Asia, Thailand’s, Observatory of Singapore ., Florida, Punta Gorda, Cambodia, Hong Kong
And this is our way of undoing that,” Leguizamo said in a video interview with series co-creator Ben DeJesus. NGL StudiosPart of the challenge of telling Latino history, Leguizamo said, is that you have to find it. “It was years and years of studying Latin history,” the actor reflected. Ultimately, both co-creators noted, something even deadlier than guns and steel would lead to the demise of these Latin American kingdoms and empires. “It empowers you, it gives you a sense that you matter, that you’re important, and the kids especially feel that.”For DeJesus, knowing Latino history also gives you a sense of belonging.
Persons: John Leguizamo, , ” Leguizamo, “ We’ve, Ben DeJesus, Dolores Huerta, DeJesus, ” “, John, , ” John Leguizamo, José Moya, Leguizamo, , Eduardo Galeano, ” DeJesus, George Washington, Dinero, Washington, De, Charles Lee Lewis Organizations: Civil Rights Movement, PBS, Johns Hopkins University, United Farm Workers, NGL, Aztecs, amigos, Continental Army Locations: American, Americas, Philadelphia, Uruguayan, Europe, Asia, Columbus, East, plata, Washington, De Grasse, American Independence, Kingdom of France, Havana
Florida ranks sixth among states with the largest shares of homeowners who don't have meaningful insurance. Putnam County, in the northern part of the state, is at 32.9%, while in Miami-Dade County, nearly 25% lack homeowners insurance that would protect them from calamity. In Miami-Dade County, 33.5% of homeowners pay $4,000-plus a year, ranking it in the top 10 among the country's most populous counties. Curtis, who has lived in Taylor County for 40 years and is a former forester, said many of her neighbors can't afford to pay for insurance. Her insurance doesn't cover hurricane damage, so McDonald will anxiously await news from home until the storm passes, she said.
Persons: Michelle Curtis, Hurricane Helene, Curtis, Helene, Debbie McDonald, Hurricane Idalia, she's, McDonald Organizations: Southeastern, Atmospheric Administration, Miami, Dade, Census, Cedar Locations: Florida, Perry, Hurricane, Taylor County, Florida’s Big Bend, Southeastern U.S, Putnam County, Miami, Dade County, U.S, Cedar, Gainesville, Jacksonville
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