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Goldman Sachs reported third-quarter earnings on Tuesday that beat analysts' expectations. The investment bank posted $12.7 billion of revenue and almost $3 billion of net earnings. AdvertisementGoldman Sachs reported third-quarter earnings on Tuesday that beat Wall Street's expectations, sending its stock up as much as 3% in premarket trading. It also cut its operating expenses by 8%, fueling a 45% surge in net income to $2.99 billion. The fee bonanza reflected a sharp increase in net revenues from debt underwriting amid strong leveraged finance and investment-grade activity, and higher net revenues in equity underwriting driven by secondary offerings.
Persons: Goldman Sachs, , David Solomon, Solomon, Brian Moynihan Organizations: Service, Barclays, General Motors, Bank of America's, Bank of America
The firm pointed to growth in core businesses like M&A advisory and stock and bond underwriting. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The results beat analysts' expectations and set the stage for Goldman's executives to discuss why Wall Street may be at the cusp of a surge in corporate dealmaking activity. Lower rates could also boost demand for corporate lending, IPOs, stock issuance, and more.
Persons: Goldman Sachs, David Solomon, , Solomon, Solomon didn't, It's Organizations: Service
The Oura Ring 4. On the whole, the Oura Ring 4 is comfortable to wear and its app is easy to navigate. Ashley CapootI had never worn an Oura Ring before, so the entire experience was new to me. Silver jewelry has always been my preferred style, so I picked the silver Oura Ring 4 to match my accessories. The My Health tab gives users access to longer-term insights such as heart health, sleep health and resilience, a metric that measures your ability to recover from stress over time.
Persons: Ashley Capoot, Oura, I've, it's Organizations: Apple
Lawyers for Trump on Monday night again sought to move his hush-money case to federal court. An appellate brief reprises arguments from two failed attempts to move the case out of state court. AdvertisementLawyers for former President Donald Trump have filed a 99-page appellate brief seeking again to transfer his hush-money case to federal court. Trump's first attempt at what is called "removal" to federal court was made in May during his Manhattan trial. On Monday, Trump attorneys Todd Blanche and Emil Bove reprised their May and August arguments in appealing Hellerstein's decision, calling the hush-money case "an unprecedented and baseless prosecution."
Persons: , Donald Trump, Trump's, Trump, Alvin K, Hellerstein, tersely, Todd Blanche, Emil Bove, Stormy Daniels, Read Organizations: Trump, Service, Hellerstein, Trump Organization Locations: Manhattan, New
You can check your first bag free on Delta flights, saving up to $70 on a round-trip Delta flight per person. The exceptions are flights to South America, as well as transatlantic and transpacific flights, which allow a carry-on bag. Spirit AirlinesFees for checked and carry-on baggageSpirit charges varying fees for checked bags and carry-on bags. Opt for a carry-on bag whenever possible, as most airlines allow at least one free carry-on bag. Oversized bags: Fees for oversized bags depend on the bag's dimensions.
Persons: aren't, Doesn't, stow, Miles, it's, Harlan Vaughn Harlan Vaughn, he’s, Harlan, Read Organizations: Business Insider, Citi, Mastercard, JetBlue, Alaska Airlines, U.S . Airlines, American Airlines, U.S, U.S ., Airlines, Delta Airlines, United, New Zealand, Delta, Express Card, U.S . Supermarkets, PayPal, United Airlines, United ®, United Club, , FDIC, Southwest Airlines, Southwest ®, Rapid, Southwest, Rapid Rewards, JetBlue Plus, Card, Alaska, Spirit Airlines, Chase, American Express, Frontier Airlines, Frontier, American, Citi ® Locations: Puerto Rico, U.S, U.S . Virgin, Canada, Caribbean, Mexico, Central America, Guyana, Cuba, North America, South America, China, Japan, South Korea, Hong Kong, India, New Zealand, Europe, Israel, Qatar, Australia, Suriname, Panama, San Pedro Sula, Honduras, San Salvador, El, North, South, North Africa, South Africa, Emirates, New, Brazil, East, Africa, Asia, Central, delta.com, Delta, California , Idaho , Oregon, Washington, Dallas , Texas
She'd never considered voiceover work but "I have sort of a policy in my life," she says, "which is, if something is interesting, I say yes to it." She ended up booking the role, which covered the cost of her rent, she says, and realized voiceover work could be a good moneymaking avenue. Carroll has since built up a robust, full-time career as a freelance voiceover actor. "In my first year on Fiverr," Carroll says, "I think I made, like, $60,000. 'Minimum every day I'm working four hours'Carroll has now made nearly $1 million on Fiverr through her work.
Persons: Victoria Carroll, Carroll, Theresa, She'd, I've, Coke, who's, She's Organizations: Apple, Nike, National Geographic, Adidas, Pepsi, Google, Shure, Victoria, Victoria Carroll Demand Locations: London, New York, L.A, Czech Republic, Prague, Fiverr
Israel is facing an interceptor missile shortage, sources told the Financial Times. The head of an Israeli manufacturer of interceptor missiles said its production lines are working 24/7. Stroul also noted that the US is reaching a "tipping point," and may struggle to keep supplying Ukraine and Israel with interceptor missiles at the current pace. AdvertisementHe told Business Insider that he doubts Israel would fully exhaust its interceptor missile supply, and to approach the narrative of an Israeli interceptor missile shortage with caution. According to estimates, the Iron Dome's "Tamir" interceptor missiles cost about $50,000 each.
Persons: , Dana Stroul, Stroul, Ehud Eilam, Israel, Boaz Levy, Levy, Wertman, Hassan Nasrallah, Tamir, Pat Ryder Organizations: Financial Times, Service, Israel's Ministry of Defence, Israel Defense Forces, NPR, Israel Aerospace Industries, University of South, US, Defense, Pentagon Locations: Israel, Iran, Ukraine, Tel Aviv, Gaza, Hezbollah, Lebanon, Yemen, University of South Wales
Los Angeles Chargers head coach Jim Harbaugh left the sidelines in the middle of the team’s game on Sunday due to what he said afterward was an “atrial flutter,” in which his heartbeat went out of rhythm. Harbaugh’s brother, Baltimore Ravens head coach John Harbaugh, abruptly left the team’s postgame press conference after being informed that Jim had experienced a health issue during the Chargers game. What happened to Jim Harbaugh during the Chargers game? The term “sinus rhythm” Harbaugh used refers to the heart’s normal rhythm. The Baltimore Ravens’ 30-23 win over the Washington Commanders had concluded while the Chargers game was still being held.
Persons: Jim Harbaugh, Harbaugh, Jesse Minter, John Harbaugh, Jim, AJ Ross, , , ” Harbaugh, “ I’m, , , you’re, I’ve, “ I’ve, Colin Kaepernick, Colin, didn’t, wasn’t, ” John Harbaugh, Joe Hortiz, John Organizations: Los Angeles Chargers, Chargers, Denver Broncos, Baltimore Ravens, CBS, American Heart Association, San Francisco 49ers, 49ers, Chicago Bears, Broncos, AHA, Washington, Athletic, Super, John’s Ravens, Jim’s 49ers
Companies like Japan's Saizeriya, Yum China, and Fast Retailing have recently reported strong sales. There are similarities between Japan's "Lost Decade" of economic stagnation in the 1990s, after the country's asset and credit bubbles burst, and China's economic downturn now. The ethos has benefited companies with budget offerings, including Yum China, which operates KFC and Pizza Hut in the country. Intense competitionHowever, China's market is a fast and furious one — even for winners — and the country's economic downturn has created cut-throat competition with aggressive price wars. As China's economic malaise deepened, boba tea went from premium pricing around $3.50 to $5.50 on average to as little as $1 or less over the last few years.
Persons: , Hideharu Matsutani, Matsutani, Saizeriya, MingYii Lai, Lai, Uniqlo, boba, Jason Yu, Kantar, BI's Matthew Low, Allison Malmsten Organizations: Retailing, Service, McKinsey, Tokyo Stock Exchange, Daxue Consulting, Shoppers, Yum, Fast Retailing, Locations: China, Japan, Beijing, Greater China, Yum China
Cole transitioned from a $26,000 salary to planning to retire at 45 through four phases. In 2012, I got my first job out of college as a social worker, earning $26,000. I moved into a part-time consulting role for my old company and went all-in on building out my financial coaching business, Money Essentials for Women. I've set myself up to retire at age 45 in 10 years, but transitioning from a $26,000 salary to an early retirement plan came in phases. I'm setting up additional income sources to make money when I'm not actively working on them.
Persons: Annie Cole, Cole, , I've, isn't, it's, I'm, doesn't, you'll, Lauryn Haas Organizations: Service, Women, IRA, FIRE, Independence, lhaas Locations: Vancouver , Washington, asynchronously
Gold dips on firmer dollar; attention on Fed cues
  + stars: | 2024-10-14 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices eased on Monday, weighed down by a firmer U.S. dollar, while investors looked out for fresh clues on Federal Reserve interest rate cuts. Spot gold fell 0.2% to $2,651.99 per ounce by 0252 GMT after rising 1% in the previous session. The dollar index rose 0.1% on Monday, not far from a near two-month high hit last week. Traders see a roughly 89% chance of the Fed cutting rates by 25 basis points at its November meeting, and an 11% chance it will leave rates unchanged. Meanwhile, investors will watch out for comments from Fed officials this week for more hints on upcoming rate cuts, along with U.S. retail sales data.
Persons: Tim Waterer, Waterer Organizations: KCM Trade, Traders Locations: China
Analysts at Goldman Sachs named a slate of stocks to snap up as earnings season gets underway. Those names include LivaNova , Spotify Technology, TKO Group and ServiceNow. TKO Group The sports media company and owner of the UFC is firing on all cylinders ahead of earnings in November. TKO Group shares are up 56% in 2024. LivaNova Analyst David Roman and his team recently initiated coverage of LivaNova with a buy rating.
Persons: Goldman Sachs, Eric Sheridan, Sheridan, Christian Luiga, Stephen Laszczyk, Laszczyk, David Roman, Roman, LivaNova Organizations: Goldman, Spotify Technology, Spotify, UFC, TAM, Sports Media
CLEVELAND — Lane Thomas started the ALDS with a three-run homer to the left-field bleachers at Progressive Field in Game 1. Designated hitter David Fry kept Cleveland’s postseason hopes flickering with a two-run shot in the seventh inning of Game 4 at Comerica Park. "Lane Thomas." GO DEEPER Guardians' Lane Thomas hits grand slam off Tarik Skubal in Game 5If the Tigers had to lose, they can take some solace in losing like this. (Top photo of Lane Thomas: Jason Miller / Getty Images)
Persons: Lane Thomas, Thomas, Tarik Skubal, David Fry, Comerica Park . Thomas, José, Skubal, ane, rade G uardians, rade, ike, G, arik, ake, ince, hird, arik S kubal, ade, mith, rik S abrowski, addis, homas: Organizations: Progressive, Tigers, Yankee, American League, AL, Guardians, Comerica Park ., ashington, ust Locations: Ramírez
CNN —The San Francisco 49ers entered Thursday Night Football against division rivals the Seattle Seahawks needing a win after a stunning home loss to the Arizona Cardinals last time out. A nine-yard pass from Brock Purdy to George Kittle and a six-yard run from Kyle Juszczyk meant San Francisco remained in front of whatever comeback Seattle attempted to mount. However, San Francisco didn’t miss a beat on the ground as rookie Isaac Guerendo stepped in, carrying the ball 10 times for 99 yards. John Froschauer/APThe dual-threat offensive weapon, known for his receiving and rushing abilities, scored on a 76-yard touchdown catch midway through the second quarter. And afterwards, Samuel spoke about the importance of Thursday’s win as San Francisco improved to 3-3.
Persons: Lumen, Seattle’s, Kenneth Walker, Brock Purdy, George Kittle, Kyle Juszczyk, Kyle Shanahan, “ We’ve, ” Shanahan, , You’ve, ” Purdy, Purdy, Jane Gershovich, Jordan Mason –, Christian McCaffrey –, Mason, San Francisco didn’t, Isaac Guerendo, Geno Smith, Deebo Samuel, Samuel, John Froschauer, ” Samuel, you’re, Organizations: CNN, San Francisco 49ers, Football, Seattle Seahawks, Arizona Cardinals, 49ers, Cardinals, Arizona, Seattle, Los Angeles Rams, Seahawks, NFL Locations: San Francisco, San, Francisco
"As long as the big three PBMs go unchecked, more pharmacy deserts will appear," Rochol said. Between 2023 and 2024, independent pharmacies in the CVS Caremark pharmacy network were reimbursed 67.5% higher on average than CVS Pharmacy locations, and 51.9% higher than other chain pharmacies in the state. The CVS spokesman also said that CVS pharmacies are not all serviced by Caremark, working with over 70 different PBMs. "There are unfortunately many factors for pharmacy closures in rural areas, including population declines and the growing use of online pharmacies." But Banas believes the pharmacy deserts will only grow, and lead to an increase the number of apps and digitization.
Persons: Rochol, Miranda Rochol, Health —, , Joyce Dingman, wasn't, Nickerson, David Nickerson, Tim Wentworth, Greg Lopes, Steven C, Anderson, Colin Banas, Banas, it's, Tamera Hughes, Hughes, Rob Anderson Organizations: FTC, Health, Federal Trade Commission, Aids, Rite Aid, CVS, Walgreens, Cigna, Walgreens Boots, CVS Pharmacy, Caremark, Pharmaceutical Care Management Association, National Community Pharmacists, National Association of Chain Drug, U.S, Congress, Amazon, University's, of Pharmacy, Pharmacists, Aid Locations: United States, PBMs, New Lebanon, Ohio, Dayton, New Lebanon's, Rust, New Lebanon , Ohio, Georgia, NACDS
Wells Fargo reported results before Friday's opening bell. WFC YTD mountain Wells Fargo YTD Shares of Wells Fargo surged 6% on the release to more than $61. Wells Fargo Why we own it : We bought Wells Fargo as a turnaround story under CEO Charlie Scharf. We come away from the call feeling good not only about Wells Fargo's setup for next year. A resurgence in Wall Street dealmaking — both mergers and acquisitions and initial public offerings — will benefit Wells Fargo.
Persons: Wells, Wells Fargo, That's, Charlie Scharf, He's, Scharf, Charles Scharf, we've, Morgan Stanley, NII, Jim Cramer's, Jim Cramer, Jim Organizations: Investors, Wells, Federal Reserve, Bank of America, Citigroup, buybacks, Management, CNBC Locations: LSEG, Wells, Wells Fargo, reinvest, U.S, NII
The company behind the game Cards Against Humanity is aiming to one-up Elon Musk with its plan to pay blue-leaning swing-state residents who make voting plans and agree to publicly condemn Donald Trump. On a website created by the game company, eligible voters are asked to provide their personal information, which is then checked against voter data that the company said it bought from a data broker. Cards Against Humanity is also selling a $7.99 card game expansion pack with cards themed to the election. Cards Against Humanity, a popular card game that features offensive and sexually explicit jokes, has increasingly taken a progressive political stance. The Cards Against Humanity website said it is “exploiting a legal loophole.” It also took aim at Musk directly, writing that registered swing-state voters could participate in his PAC's program and list Cards Against Humanity as their referrer — compelling Musk's PAC to send the company money.
Persons: Elon, Donald Trump, , Musk, Richard Hasen, , they’ll, we’ll Organizations: Humanity, company’s, Trump, PAC, UCLA School of, NBC, SpaceX Locations: America, PA, AZ, NC, Texas, U.S, Mexico
He called on Fisher-Price to recall the entire product and reimburse customers for the full cost: around $160. In the last five years, Fisher-Price has recalled several infant products due to safety concerns. Eight more infant deaths followed, prompting Fisher-Price to issue a reminder to consumers last year about the recall. In total, the company has received reports of at least 100 infant deaths linked to the Rock ‘n Play. Then, in 2022, Fisher-Price warned consumers that 13 infant deaths had been linked to its Infant-to-Toddler Rockers and Newborn-to-Toddler Rockers.
Persons: Fisher, Price, Snuga, Richard Trumka Jr, don’t, , ” Trumka, Organizations: U.S . Consumer Product Safety, Fisher, Mattel, NBC, Walmart, Target Locations: U.S, Canada, Mexico
Elon Musk unveils his ‘Cybercab’ robotaxi
  + stars: | 2024-10-10 | by ( Chris Isidore | ) edition.cnn.com   time to read: +5 min
The event featured models of the robotaxi as well as a Robovan, a driverless vehicle designed to carry a larger group of people or items. TeslaBut the delay seemed to matter little to the in-person crowd waiting for the chance to ride in the 50 self-driving vehicles that were cruising around the studio lot. Tesla has long offered what it calls Full Self-Driving or FSD, currently priced at $8,000, as an option on its cars. Musk has insisted that the company’s data shows that FSD is already safer than cars driven by humans. ‘Overly optimistic’This is certainly not the first time that Musk has laid out ambitious time frames for his plans for self-driving cars.
Persons: Elon Musk, Musk, Tesla, , , FSD, ” “, Gene Munster, it’s, ” Munster Organizations: New, New York CNN, Warner Bros, Deepwater Asset Management, CNN Locations: New York, California, Texas
New York CNN —Elon Musk and Tesla have pledged a game-changing moment in the company’s history Thursday night. For the last decade, the electric vehicle maker’s CEO has vowed that true self-driving cars from Tesla were right around the corner. And even if the technology is as advanced as Musk likes to claim, getting regulatory approval to operate could be difficult. Tesla and Musk have made promises many, many times before about autonomous vehicle capabilities and when true self-driving would be available. “Either you walk away from the event as a jaw dropping moment, or you walk away with a shrug of shoulders event.”
Persons: New York CNN — Elon, Tesla, , Dan Ives, Waymo, they’ve, GM’s, Musk, , FSD, “ You’d, Gordon Johnson, it’s, Gene Munster, ” Munster, “ They’ve, Ives Organizations: New, New York CNN, Warner Bros, Wedbush Securities, Apple, Motors ’, state’s Department of Motor Vehicles, Deepwater Asset Management, Munster Locations: New York, California
The best Amazon Prime Day leaf blower dealsGreenworks 2400702 24V Leaf Blower $89.99 The push-button start, light weight, and hassle-free operation of the Greenworks 2400702 24V Leaf Blower make it a great choice for small jobs you want done quickly. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at AmazonHusqvarna Leaf Blaster 350iB Cordless Leaf Blower $251.75 $379.00 Save 34% Leaf Blaster 350iB sounds like the name of a retro video game. View at AmazonWorx WG520 Electric Leaf Blower $52.14 $79.99 Save 35% This affordable leaf blower has two speeds and a targeted nozzle attachment to concentrate the wind speeds, which can go up to 110 mph.
Persons: Decker Organizations: Business, Amazon Prime
Furthermore, it's the only credit card that allows me to gift airport lounge access to four people for free by adding them as authorized users on my credit card. I Earn 2% Back on Therapy with my Capital One Venture X Rewards Credit CardI primarily use my Capital One Venture X Rewards Credit Card on transactions that don't earn bonus points on another card. Capital One Venture X Annual Fee and Other CostsThe Capital One Venture X Rewards Credit Card charges a $395 annual fee (rates and fees). Capital One Venture X Frequently Asked QuestionsIs the Capital One Venture X worth it? Yes, it's possible to get approved for the Capital One Venture X Rewards Credit Card if you already have the Capital One Venture Rewards Credit Card open.
Persons: I've, cardholder, Miles, Chase, LifeMiles, Smiles, Red, Wyndham, cardholders, Cardholders, I'm, You've, Jasmin Baron, Read, Angela Fung Organizations: Business, Venture, Capital, One, Chase, Five, U.S, American, American Express, Chase Sapphire Reserve, Aeromexico Club, Air Canada, Air France, KLM, Blue, British Airways Executive Club, Cathay, Emirates, Etihad, Qantas Frequent, TAP Air Portugal Miles, Turkish Airlines Miles, Wyndham Rewards, Collection Hotels, Premier, Resorts, Chase Travel, Marriott, TSA, Hertz, Cell, Travel Insurance, One Venture, Mastercard, Chevron, Finance Locations: Taiwan, Cathay Pacific Asia, Singapore, Canada
Check out our main Prime Day deals hub for sales, broken down into categories like tech, home and kitchen, style and beauty, and more. View at Amazon What we like Check mark icon A check mark. Easy-to-use Alexa voice controlCheck mark icon A check mark. This is a relatively new product on the market, and we're seeing the first ever sale during Prime Day. Check out our roundup of all of the best Prime Day deals , or browse Amazon's website for the full selection.
Persons: Dyson, Rocco, seltzer Organizations: Business, Deal, Samsung, Alexa Voice, Amazon, Shark, Dyson, Upright, Amazon Philips, Philips, Amazon Samsung
Some of the best deals we've come across are $100 off the Garmin Epix Pro, the top Garmin watch we've tested. These Prime Day Garmin watch deals are expected to last until the sale ends at midnight PT. View at Amazon What we like Check mark icon A check mark. Tracks a wide variety of activitiesCheck mark icon A check mark. Check out our roundup of all of the best Prime Day deals , or browse Amazon's website for the full selection.
Persons: Price Organizations: Business, Deal, Garmin, Apple Watch, Garmin Epix, Price Garmin, Amazon
As Election Day draws nearer, the Republican presidential nominee has made false claim after false claim on a dizzying variety of subjects. FEMA and migrants: Trump falsely claimed of the Federal Emergency Management Agency: “They have no money. Trump’s opponents and the election: In Reading, Trump falsely claimed of his election opponents: “They are cheatin’ dogs, I will tell you that.” In Scranton, he falsely claimed, “Their first meeting is: ‘How do we cheat?’” This is all nonsense. Trump’s border wall: Trump repeated his false claim that “I built over 500 miles of wall” on the southern border. Military equipment surrendered to the Taliban: Trump repeated his false claim that “we gave $85 billion worth” of US military equipment to the Taliban.
Persons: Donald Trump, Hurricane Helene, Hurricane Milton, Trump, , Harris, Kamala Harris “ didn’t, It’s, Biden, Roy Cooper, Joe Biden, , , Harris ’, ” Trump, Walz, Tim Walz, , Tim, “ everybody’s, Trump’s, Obama, Kamala, ” Harris, ” Roberto Briceño, ” Helen Fair, James Ott, , ‘ That’s, Jack Smith, Smith, New York Times “, Charlie Stadtlander, Stadtlander, Mueller, ‘ He’s, ’ …, Dean Baquet, Arthur Sulzberger Jr, Donald Trump’s, “ Biden, Chris Wallace, Hunter Biden, ” Wallace, Wallace interjected, Freddie Mac, ” We’ve, Meghan McCain, McCain, Alexandria Ocasio, Cortez, Nancy Pelosi, there’s, ” Biden, Robert Hur, Biden’s Organizations: Washington CNN, Republican, FEMA, Federal Emergency Management Agency, Congress, North Carolina Gov, Democrat, Democratic, CBS, Supreme, Minnesota Gov, Electoral College, Department of Energy, Biden, , CNN, Venezuelan, of, Institute for Crime & Justice, Research, Birkbeck , University of London, House Republicans, Trump, KDKA, Service, Secret Service, International Association of Firefighters, Scranton Firefighters, Scranton Times, Tribune, Presidential, National Archives, Records Administration, New York Times, The Washington Post, , Intelligence, The New York Times, Times, ISIS, Military, Taliban, Pentagon, Fox News, China Locations: Pennsylvania, Scranton, Reading, , Hurricane, North Carolina, Washington , Montana, Colorado, New York City, Paris, fracking, Venezuela, Caracas, United States, United Kingdom, , California, Butler, Butler , Pennsylvania, Pittsburgh, Blair County , Pennsylvania, Russia, Afghan, China, Moscow, Alexandria, New Hampshire, Florida
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