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☆ Euro 2024: Host Germany kicks off tournament with 5-1 hammering of Scotland
▼ + stars: | 2024-06-14 | by ( Matias Grez | ) edition.cnn.com time to read: +5 min

CNN —Host Germany kicked off Euro 2024 in spectacular fashion on Friday, hammering 10-man Scotland 5-1 in Munich to record the biggest opening match victory in European Championship history. Antonio Rüdiger’s own goal in the 87th minute was nothing more than a consolation but gave the Scotland fans a moment to remember on a difficult night. Germany didn’t allow Scotland fans much time to enjoy their moment as Can, who was a late callup following youngster Aleksandar Pavlović’s injury, found the bottom corner from the edge of the area. The thumping win will be a considerable boost to a team that didn’t come into its home tournament with high expectations. It was a brutal opening night for Scotland fans.

Persons: Florian Wirtz, Jamal Musiala, Kai Havertz, Niclas Füllkrug, Emre, Antonio Rüdiger’s, Ryan Porteous, Germany couldn’t, “, Julian Nagelsmann, Wirtz, Angus Gunn, Kai Pfaffenbach, Ryan Christie’s, Porteous, Scott McKenna, Andy Robertson’s, Aleksandar Pavlović’s, didn’t, Hansi Flick, Jeff J Mitchell, hasn’t, Philipp Lahm Organizations: CNN, Scotland, Tartan Army, ITV, Bundesliga, Bayer Leverkusen, Reuters, Allianz Arena, Getty, Costa Locations: Munich, Hungary, Switzerland, Germany, Havertz, Scotland, Musiala, Nagelsmann, Costa Rica

☆ Yen on guard ahead of BOJ; euro stutters with weekly loss in sight
▼ + stars: | 2024-06-14 | by ( ) www.cnbc.com time to read: +4 min

The yen was on the defensive on Friday ahead of a policy decision from the Bank of Japan that could see it further reduce its massive monetary stimulus, while elsewhere the euro, mired in political turmoil, was headed for a weekly loss. The yen was on the defensive on Friday ahead of a policy decision from the Bank of Japan that could see it further reduce its massive monetary stimulus, while elsewhere the euro, mired in political turmoil, was headed for a weekly loss. The yen was a touch weaker at 157.08 per dollar and on track for a marginal weekly loss of about 0.2%, though moves were largely subdued ahead of the conclusion of the BOJ's two-day monetary policy meeting later on Friday. The euro was little changed at $1.0737, and was poised for a weekly loss of roughly 0.6%. Against the British pound, the euro was last languishing near a 22-month low and staring at a weekly decline of 0.9%.

Persons: Ray Attrill, Wall, Powell, Jean Boivin, Emmanuel Macron's, Macron, France's, Erik, Jan van Harn Organizations: Bank of, National Australia Bank, New Zealand, Federal Reserve, BlackRock Investment Institute, Fed, Aussie, Rabobank Locations: Bank of Japan, BlackRock

☆ Euro 2024: German and British police working together for ‘safe and trouble-free’ tournament amid hooliganism fears
▼ + stars: | 2024-06-14 | by ( Matias Grez | ) edition.cnn.com time to read: +9 min

The hostIt’s fair to say expectations for the German national team are not high within the host country. Expectations are low for the German national team. Didier Deschamps has been in charge of the national team since 2012 and last January extended his contract until 2026. After winning the World Cup and Nations League, Mbappé wants to add the Euros to his resume. That’s the only one that missed me with the national team after I did everything with the national team,” Mbappé told CNN recently.

Persons: ”, Lars Baron, Hansi Flick, Julian Nagelsmann, Nagelsmann, Christian, hasn’t, Henri Delaunay, Les, Didier Deschamps, Deschamps, Kylian Mbappé, Olivier Giroud, Antoine Griezmann, Bradley Barcola, Warren Zaïre, Emery, Eduardo Camavinga, France’s, Mbappé, Matthias Hangst, ” Mbappé, it’s, Harry Kane, Phil Foden, Saka, Declan Rice, Jude, Gareth Southgate, fthe, Southgate, Alex Grimm, ” Southgate, “, you’ve, Dominik Szoboszlai, ” Szoboszlai, “ It’s, Rafal Oleksiewicz, Oleksandr Zinchenko, Andriy Lunin, Mykhailo Mudryk, Artem Dovbyk Organizations: CNN, British, soccer’s, England, Serbian, Guardian, German Police, Policing Unit, UEFA, Serbian Football Federation, Serbian Ministry of Interior, Russia, Reuters, German, Bayern Munich, ARD, German national, Getty, Nations League, English Football Association, Liverpool, Defence, Iceland, Bosnia, Ukraine Locations: Gelsenkirchen, England, Serbia, European, Germany, North Rhine, Westphalia, “, France, Marseille, Russia, Scotland, Netherlands, Austria, Turkey, Switzerland, Hungary, Italy, Ukraine, Herzegovina, Iceland, Spain, Belgium, Slovakia, Romania

☆ Gold eyes first weekly gain in four on cooling U.S. inflation
▼ + stars: | 2024-06-14 | by ( ) www.cnbc.com time to read: +2 min

Gold prices edged up on Friday and were on course for their first weekly gain in four, as U.S. economic data indicated a softening of price pressures, fueling optimism that a rate cut from the Federal Reserve might be forthcoming. Gold prices edged up on Friday and were on course for their first weekly gain in four, as U.S. economic data indicated a softening of price pressures, fueling optimism that a rate cut from the Federal Reserve might be forthcoming. Spot gold as up 0.2% at $2,306.89 per ounce, as of 0334 GMT. "The best recipe for gold would be continued weakness in inflation, then that recessionary appeal of gold will start to come through as a bit of an extension of expectations of potential rate cuts this year." Data on Thursday showed that U.S. producer prices unexpectedly fell in May, another indication that inflation was subsiding after surging in the first quarter.

Persons: Kyle Rodda Organizations: Federal Reserve, Fed, Traders

☆ CNBC Daily Open: Mega money Musk
▼ + stars: | 2024-06-14 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange in New York City, U.S., July 12, 2023. 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. The yield on the 10-year Treasury slipped after the producer price index unexpectedly fell. Reasonable debtJanet Yellen, U.S. Treasury Secretary, said the ballooning national debt that's currently at $34.7 trillion is manageable.

Persons: Elon, Judge Kathaleen McCormick, Janet Yellen, that's, Yellen, CNBC's Andrew Ross Sorkin, That's, Dow Jones, Donald Trump, Tim Cook, Jamie Dimon, BofA Organizations: New York Stock Exchange, CNBC, Dow, Nasdaq, Broadcom, Dow Jones, Musk, Treasury, Trump, Business, Capitol, Apple, JPMorgan Chase, Chipmaker Broadcom, Bank of America Locations: New York City, U.S, Delaware, Washington

☆ CNBC Daily Open: Mega money Musk, Kitty's stake grows
▼ + stars: | 2024-06-14 | by ( Abid Ali | ) www.cnbc.com time to read: +3 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. Chipmaker Broadcom soared after it delivered better-than-expected second-quarter earnings and announced a 10-for-1 stock split. Mainland China's CSI 300 index fell 0.4%, while South Korea's Kospi rose 0.3%. Broadcom's shares soared 13% after reporting earnings that beat analyst expectations and announcing a 10-for-1 stock split.% after reporting earnings that beat analyst expectations and announcing a 10-for-1 stock split.

Persons: Elon, Musk, Janet Yellen, that's, Yellen, CNBC's Andrew Ross Sorkin, That's, Kitty, Keith Gill, Gill, Australia's, BofA Organizations: CNBC, Dow, Nasdaq, Broadcom, Dow Jones, Musk, Treasury, GameStop, Trade, Nikkei, Bank of Japan's, U.S, China's CSI, Chipmaker Broadcom, Bank of America Locations: U.S, Delaware, Japan, South

☆ Wholesale prices unexpectedly fell 0.2% in May
▼ + stars: | 2024-06-13 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back. The producer price index, a gauge of prices that producers get for their goods and services in the open market, declined 0.2% for the month, the Labor Department's Bureau of Labor Statistics reported Thursday. Excluding food, energy and trade services, the PPI was unchanged, compared with expectations for a 0.3% increase. From the wholesale perspective, the PPI was held back by a 0.8% decrease in final demand goods prices, which was the largest decline since October 2023. On the services side, fuels and lubricants retailing margins surged 12.2%, but that was offset in part by a 4.3% plunge in airline passenger services prices.

Persons: Dow Jones Organizations: Labor Department's Bureau of Labor Statistics, PPI, Stock, BLS, Federal Reserve, Labor Department

☆ Oil prices hold firm, on pace for weekly gain, as inflation appears to ease in U.S.
▼ + stars: | 2024-06-13 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Oil prices have gained about 4% this week, recovering from a sell-off last week on an OPEC+ plan to increase production in the fourth quarter. Oil market analysts generally viewed the sell-off as an overreaction. Lower interest rates typically boost economic growth and lift crude oil demand. The U.S. reported a surprise oil stockpile build of 3.7 million barrels, whereas analysts had expected inventories would fall. A growing number of analysts see the oil market tightening at least through the third quarter before loosening in 2025.

Persons: Tamas Varga, " Varga, Peter Low Organizations: Fed, Labor Department, U.S Locations: U.S, OPEC

☆ Taylor Swift fans say you can't put a price on the memories as The Eras Tour hits the UK, injecting a potential $1.2 billion into the economy
▼ + stars: | 2024-06-13 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +11 min

After the multi-Grammy-winning superstar announced the European leg of The Eras Tour in mid-2023, they started saving, knowing that they had to "travel for Taylor." Corrie (left), KJ (center), and Callie (right) traveled from Gibraltar to Edinburgh to see The Eras Tour. AdvertisementThey estimated that the total cost for their weeklong trip, accommodation, and Eras Tour tickets was just over $2,500 each. Taylor Swift kicked off her 15-stop UK tour at Murrayfield Stadium in Edinburgh, Scotland on June 7, 2024. AdvertisementAs KJ had said at the start of the day, seeing The Eras Tour isn't "just about the show and the music.

Persons: —, Callie, Corrie, Taylor Swift, Swift, Taylor, Eve Crosbie, I'm, marveling, concertgoer, Amira, she's, Leah, Simone, Gareth Cattermole, Expedia, Daniel Finch, haven't, It's, Wilde Aparthotel, Ava, Wilde, Marc Crothall, Mimi's, Mariola, We've, Pie, Erin, KJ Organizations: Service, Business, Murrayfield, Edinburgh, Barclays, QuestionPro, Edinburgh's, Management, Associated Press, Blockbuster, Expedia Brands, Scottish Tourism Alliance, NFL, Swift's Murrayfield, Sky Locations: Edinburgh, Gibraltar, Europe, Liverpool, Cardiff, London, Italy, Minneapolis, Scotland, Paris, England, North America, South America, Australia, Southeast Asia, Leith

☆ Stock futures are little changed after S&P 500 posts fourth consecutive closing record: Live updates
▼ + stars: | 2024-06-13 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise. (Photo by Michael M. Santiago/Getty Images)Stock futures were little changed Thursday, following a fresh record close for the S&P 500 and strong quarterly results from Adobe . Stocks are coming off a winning session that saw the S&P 500 notch its fourth-straight record close. The S&P 500 and Nasdaq Composite are on pace to end the week higher. Wholesale inflation unexpectedly ticked down by 0.2% last month, while economists polled by Dow Jones expected the gauge to increase by 0.1%.

Persons: Dow Jones, Michael M, headwinds, Dow, Barbara Doran, CNBC's, Elon Musk Organizations: NEW, New York Stock Exchange, Getty, Adobe, Nasdaq, Dow Jones Industrial, Wall, Capital Locations: New York City

☆ Key takeaways from the Fed’s latest interest rate decision
▼ + stars: | 2024-06-12 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Officials penciled in just one rate cut this year, according to their latest economic projections, compared to the three they forecast in March. They also expect inflation to be more stubborn this year than they thought in the spring, according to their forecasts. The Fed has kept interest rates at a 23-year high for nearly a year, after kicking off an aggressive rate-hiking campaign in March 2022. Here are key takeaways from the Fed’s latest decision on interest rates. Still-high inflation is continuing to eat into some budgets, pandemic savings are drying up, borrowers continue to pile on more debt and the highest interest rates in nearly a quarter century are squeezing Americans.

Persons: Jerome Powell, Powell, ’, it’s, ”, “ We’ve, ” Powell, trickling, Wall, Matt Colyar, “ Organizations: Washington CNN, Federal Reserve, Labor Department, That’s, CPI, Fed, Moody’s Locations: April’s

☆ Inflation unexpectedly cools off as the Fed decides its next move
▼ + stars: | 2024-06-12 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

Meanwhile, the gas index rose 2.2% from May 2023 to this past May, higher than the 1.2% year-over-year increase in April. The food index rose 2.1% for the 12 months ending May after it was consistently seeing year-over-year increases of 2.2%. More specifically, the food at home index rose 1.0% for the 12 months ending May after a 1.1% increase. Meanwhile, the food away from home index rose 0.4% in May from the preceding month and 4.0% year over year in May. Inflation measures like the CPI suggest US inflation is still too high although these rates look a lot better than back in 2022.

Persons: —, it's, Elizabeth Renter, David Kelly Organizations: Service, Index, Bureau of Labor Statistics, Business, CPI, BLS, Housing, Morgan Asset Management

☆ The Fed confirms that Americans will have to wait longer for interest rate cuts
▼ + stars: | 2024-06-12 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

The nation's central bank is once again leaving interest rates unchanged as it works to lower inflation. On Wednesday, the Federal Open Market Committee announced that it's holding its key interest rate benchmark steady in a range of 5.25% to 5.5%, continuing the pause that first began in September last year. The Summary of Economic Projections, released alongside the FOMC's interest rate decision, penciled in just one rate cut for 2024. "This housing-related inflation is directly driven by high interest rates: reducing rates will reduce the costs of renting, buying, and building housing, lowering Americans' single highest monthly expense," they wrote. "Lowering interest rates will likely also decrease the cost of auto insurance as well, which has risen due to factors completely unrelated to the cost of lending."

Persons: it's, Jerome Powell, We've, Powell, Elizabeth Warren, John Hickenlooper, Jacky Rosen, Brendan Boyle, Sen, Sheldon Whitehouse Organizations: Service, Federal, Market Committee, Business, Fed, European Central Bank Locations: Sens

☆ Nova: ‘New star’ will appear in the night sky after stellar explosion
▼ + stars: | 2024-06-11 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

While a supernova is the explosive death of a massive star, a nova refers to the sudden, brief explosion from a collapsed star known as a white dwarf. The dwarf star remains intact, releasing material in a repetitive cycle that can occur for thousands of years. “It’s incredibly exciting to have this front-row seat.”T Coronae Borealis, otherwise known as the “Blaze Star,” is a binary system in the Corona Borealis that includes a dead white dwarf star and an aging red giant star. The red giant becomes increasingly unstable over time as it heats up, casting off its outer layers that land as matter on the white dwarf star. Cooke recalled that the last nova he witnessed — Nova Cygni in 1975 — had a similar brightness to what is expected from T Coronae Borealis.

Persons: “ It’s, ”, Rebekah Hounsell, ” Hounsell, “, Burchard, William J, Cooke, Vega, skywatchers, Elizabeth Hays, ” Hays, they’ll, Hounsell, ” Cooke, —, Koji Mukai Organizations: CNN —, NASA, Goddard Space Flight, “ Blaze, Blaze Star, Coronae, Polaris, North Star, Northern Hemisphere, Northern Crown, Northern, Corona, NASA Goddard, “ Citizen, ” Locations: Greenbelt , Maryland, Ursberg, Germany

☆ 4 theories to help explain why you dream: 'The dreaming brain is as active as the waking brain,' neuroscientist says
▼ + stars: | 2024-06-11 | by ( Renée Onque | ) www.cnbc.com time to read: +5 min

"We now know all consciousness is powered by electricity, including dreaming, and it turns out the dreaming brain is as active as the waking brain – sometimes even more so," he said. "In this theory, dreams are like a virtual simulation where we can test different responses and imagine the consequences," he said. Brain functionalityA straightforward theory about why we dream is that dreaming can be good for "keeping the brain tuned and ready even during sleep." In other words, the processes that the brain experiences as you're dreaming may be helpful for brain functionality and keeping your brain sharp. But adrenaline is still present while you're sleeping; think about how your heart can race when you're dreaming about being chased.

Persons: Jandial, Dr, Rahul Jandial, Michael Myers, Isabelle Arnulf, Rosalind Cartwright, —, Cartwright, Adrenaline's Organizations: Gallup, CNBC

☆ UK unemployment nears three-year high, wage growth firm as election looms
▼ + stars: | 2024-06-11 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

A staff wanted sign in the window of a restaurant in the Soho district of London, U.K., on Tuesday, Sept. 7, 2021. LONDON — U.K. unemployment unexpectedly rose to its highest level in two and a half years, data showed Tuesday, amid a heated general election campaign in which the economy is a key battleground. Simultaneous strong wage growth divided opinions from market-watchers mulling the timing of an interest rate cut from the Bank of England. While market pricing on Tuesday suggested next to no chance of a rate cut at the BOE's June meeting, and a 36% shot in August, that probability rises to nearly 60% for the September deliberations. Consultancy Capital Economics said that, while the stickiness of wage growth would be a "lingering concern" for the BOE, the rate should soon be on a "firm downward path" as unemployment rises.

Persons: Richard Carter, Cheviot, BOE, Capital's, Ruth Gregory, Rishi Sunak, Keir Starmer, Sunak, We've, it's, Starmer Organizations: LONDON, Bank of England, National Statistics, Reuters, Consultancy Capital Economics, Conservative Party, Labour, Conservatives Locations: Soho, London

☆ What to Know About France’s Snap Parliamentary Elections
▼ + stars: | 2024-06-10 | by ( Aurelien Breeden | ) www.nytimes.com time to read: +1 min

President Emmanuel Macron threw French politics into disarray on Sunday when he unexpectedly called for snap elections. The surprise move came after his party was battered by the far right in European Parliament elections. Mr. Macron dissolved the lower house of France’s Parliament and said the first round of legislative elections would be held on June 30. France now finds itself in unpredictable territory, with the future of Mr. Macron’s second term potentially at stake. Mr. Macron’s centrist Renaissance party came in a distant second, with about 14.6 percent.

Persons: Emmanuel Macron, Macron, Macron’s, Jordan Bardella Organizations: National Rally, Marine, Renaissance Locations: France

☆ We're on track for a soft economic landing, but it still feels like the economy stinks
▼ + stars: | 2024-06-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at why the US economy is on track (again) for a soft economic landing . The big storyAnother economic turnaroundGetty Images; Chelsea Jia Feng/BIIt took longer than expected, but the US economy is finally on track for a soft landing. After a scary few months of economic data that had investors fearing a recession and stagflation, the tides have turned again. AdvertisementRecent data showing inflation and the labor market cooling have given hope that a soft landing is in the cards — and may even be underway — for the US economy, writes Business Insider's Madison Hoff. AdvertisementThe US economy is about to make a soft landing — a situation in which inflation cools without causing a recession or sudden spike in unemployment.

Persons: —, Chelsea Jia Feng, Insider's Madison Hoff, Arantza Pena Popo, bummed, it's, aren't, Johannes Eisele, Monica Schipper, Nordin Catic, Tyler Le Tim Cook, Cook, Jack Dorsey, Dorsey, Abanti Chowdhury, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, shoplifters, Business, Fed, Johannes, Getty, OpenAI, Apple, BI, Street Journal, Comcast, New York Stock Exchange Locations: AFP, New York, London

☆ I wrote the eulogy I want read at my funeral. It helped put my life and my achievements into perspective.
▼ + stars: | 2024-06-05 | by ( Melissa Drake | ) www.businessinsider.com time to read: +5 min

Recently, a good friend lost his adult son unexpectedly, and he grappled with preparing for the funeral and writing the eulogy. To assist my friend, I told him I could help with the arrangements and help write the eulogy. As my friend gathered memories and wrote the final send-off for a life that ended too soon, I strangely felt inspired. I realized I wanted to write my own eulogy because life is short. AdvertisementThe exercise was very enlighteningAs I wrote, I found the process so much deeper than a writing exercise.

Persons: What's, Johnathan Organizations: Service, Business

☆ Bill Ackman is probably about to get a lot richer. And much louder
▼ + stars: | 2024-06-04 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

The funding announced Monday puts a $10 billion price tag on Pershing Square, which manages about $16 billion worth of assets. The benefit of going public is you get to make money, obviously, so it’s not hard to see why Pershing Square would want to do it. For Ackman, in particular, being at the helm of a publicly traded company could be a particularly jarring shift. Pershing Square officially hung up its activist megaphone in 2022, opting to work with a small group of companies behind the scenes. Many of those followers are the kinds of retail investors Ackman could hope to attract to a publicly traded fund.

Persons: CNN Business ’, Bill Ackman, who’s, Ackman, ”, Lawrence J ., White, “, I’ve, ” White, he’s, I’m, he’ll, —, Elon Musk, Pershing, Musk, ” NYU’s White, Tesla Organizations: CNN Business, New York CNN, Pershing, Securities, Exchange, NYU Stern School of Business, Herbalife, Twitter, Hamas, MIT, Trump, SEC, Bloomberg Locations: New York, Pershing, Israel

☆ 4 things to do as soon as layoff rumors hit the office, according to an HR professional with 20 years' worth of experience
▼ + stars: | 2024-06-04 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a conversation with Leigh Henderson, a 42-year-old CEO of HR Manifesto, in San Antonio. I worked as an HR leader for nearly 20 years, supporting a handful of Fortune 100 organizations. Then after navigating a shocking layoff myself, I started HR Manifesto, a community on TikTok. AdvertisementAfter working in HR, here are four things I'd tell my friends to do if they heard rumors of layoffs happening in their office. AdvertisementIf you're an HR professional with advise on how to navigate the workplace during difficult times, and want to share your story, email Manseen Logan at mlogan@businessinsider.com.

Persons: —, Leigh Henderson, there's, you've, it's, what's, Manseen Logan Organizations: Service, Business, HR Locations: San Antonio, TikTok, mlogan@businessinsider.com

☆ How AI could supercharge the Vision Pro
▼ + stars: | 2024-06-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +9 min

It could also boost sales of the pricey Vision Pro, which has reportedly and unexpectedly received a production cut. During its most recent earnings call, CEO Tim Cook said more than half of the Fortune 100 companies have already bought an Apple Vision Pro. But while it’s unclear when generative AI will come to the Vision Pro, Nygugen said: “It’s only a matter of time.”That’s because the Vision Pro is merely just another interface – much like a tablet, laptop, or watch, that touches Apple’s ecosystem. The Vision Pro, the tech giant's $3,499 headset, is its first major release since the Apple Watch nine years ago. “Vision Pro just came out a few months ago and it needs to get its feet under it before it really starts to take off,” Llamas said.

Persons: it’s, Tim Cook, It’s, Siri, “, Tuong, ”, Nygugen, ” Nygugen, Angela Weiss, Ming Chi, Kuo, Jeremy Bailenson, Bailenson, Ramon Llamas, Apple, ChatGPT – Organizations: CNN, Developers, Google, Samsung, Vision, Fortune, Apple Vision, Gartner, Apple, Apple Watch, Getty, Vision Pro, Stanford, VR, IDC, Microsoft, “ Locations: Cupertino , California, New York City

☆ Asia markets open higher as investors await China manufacturing data
▼ + stars: | 2024-06-03 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: 1 min

Signage for the Shanghai Stock Exchange in Pudong's Lujiazui Financial District in Shanghai, China, on Jan. 29, 2024. Asia-Pacific stock markets rose Monday ahead of a private survey on China's manufacturing sector. The Caixin manufacturing survey will follow official data from Friday that showed China's manufacturing sector unexpectedly contracted in May. Investors will also focus on India markets as exit polls over the weekend suggested Prime Minister Narendra Modi and his Bharatiya Janata Party-led alliance was set for a rare third consecutive term in power.

Persons: Narendra Modi Organizations: Shanghai Stock Exchange, Investors, Bharatiya Janata Party Locations: Lujiazui, Shanghai, China, Asia, Pacific, India

☆ It’s hurricane season. Good luck getting affordable homeowners’ insurance
▼ + stars: | 2024-06-01 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

For decades, homeowners insurance was considered a very stable line of business for insurance companies, said Chuck Nyce, a professor of risk management and insurance at Florida State University. The US homeowners insurance industry saw net losses jump to $101.29 billion in 2023, according to the report. Only two of the 20 largest US homeowners’ insurance companies were profitable last year. Kaylee Greenlee Beal/ReutersWhile property insurance is not mandated by law, most lenders require it for mortgage holders. Last year, Florida’s state-backed Citizens Property Insurance Corp. became the 10th largest homeowners’ insurer in the US, S&P Global said.

Persons: it’s, aren’t, Chuck Nyce, Nyce, Mario Tama, ”, Lynne McChristian, policyholders, Greenlee Beal, Aris Papadopoulos Organizations: CNN, P Global, Florida State University, Volunteers, P, University of Illinois, Property Insurance Corp, Florida Locations: States, Arizona , Illinois, Utah, Lahaina , Hawaii, Hawaii, Urbana, Champaign, Florida, California, Louisiana, North Carolina, Texas, Houston, Florida’s

☆ She’d only known her future husband for five days when he proposed. Here’s what happened when she said yes
▼ + stars: | 2024-05-31 | by ( Francesca Street | ) edition.cnn.com time to read: +15 min

But Meryl and Tim had talked all evening, into the early hours, gradually shuffling closer and closer to one another. And while it had only been five days, Meryl felt certain Tim was “the right person.”“I’d dated other people, and I just never clicked with them,” she says today. Meryl RivettWhen Meryl and Tim crossed paths in September 1981, Meryl was 29. Tim felt the same way. Meryl felt that assuredness too.

Persons: Meryl Gage, Meryl, Tim Rivett, Tim, We’re, we’re, they’d, ”, “, Meryl wriggled, ’ ”, “ I’d, South America Tim, Tim's, Meryl Rivett, She’d, Karen, ’ ” Meryl, Here's Tim Rivett, Meryl Rivett Tim, who’d, ’, “ Meryl, England, Meryl Rivett That’s, hadn’t, gobsmacked, Mike, Jack, –, “ I’m, ” Meryl, Meryl’s, Lisa, Meryl she’d, Tim didn’t, Paul, he’d, Meryl –, Meryl Rivett –, Tim weren’t, ‘, – Tim, Aussie, they’ve, Tim –, ” Tim, who’ve, They’ve, Tim aren’t Organizations: CNN, CNN Travel, South America, Florida State, Miami Beach Locations: South America, South, Florida, backpacked, Europe, London, Kathmandu, Australia, New Zealand, Southeast Asia, Queensland, America, Rio de Janeiro, England, Asia, Nepal, India, Miami, Brazil, Argentina, Iguazu, Patagonia, Colombia, Buenos Aires, Tierra del, Chile, ”, Central America

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