DIRS.INFO The most relevant business & tech news

☆ Alums of $16 billion Tiger Cub Lone Pine have struggled to hack it on their own — with one notable exception
▼ + stars: | 2024-10-10 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

In the past five years, four other alums have either shuttered or stopped trading hedge fund strategies. It's the latest spinoff from long-running Tiger Cub Lone Pine Capital to shutter. Lone Pine, the $16 billion firm led by co-chief investment officers Kelly Granat and David Craver, was founded in 1997 by billionaire Steve Mandel. Inside the Lone Pine family treeGaonkar's experience is far from the norm for Lone Pine alums though. Firms like Lone Pine, Tiger Global, Coatue, Viking Global, Maverick, Light Street, and others have lasted for decades and minted billionaires along the way.

Persons: Scott Coulter's, Mala Gaonkar, —, Coulter, Cowbird, Pine, Kelly Granat, David Craver, Steve Mandel, Mandel, Julian Robertson's, Lone, Coatue, redemptions, Gaonkar, David Byrne, SurgoCap, Abobe, David Stemerman's, Scott Phillips, Matt Iorio's, Li Ran's, Brian Eizenstat's, Paul Eisenstein's, Nikhil Trikha, Arthur Wit, that's, Andreas Halvorsen's, Dan Sundheim's, Ben Jacobs, Ning Jin, Marco Tablada, Robertson, Tom Purcell Organizations: Service, Business, Lone Pine, Julian Robertson's Tiger Management, Cubs, Roberston's Tiger Management, Tiger, CNBC, Nvidia, GE, Figma, Pine, Latimer, Elm, Sky Capital, CenterBook Partners, Ampersand Capital Group, Global, Fund Research, Tiger Cub, Tiger Management, Viking Global, Viking Locations: Lone, Lone Pine, Granat, Texas, Li Ran's London, California, Viking

☆ These are the cleanest cruise ships this year, according to the CDC — including 18 with perfect scores
▼ + stars: | 2024-10-10 | by ( Brittany Chang | ) www.businessinsider.com time to read: +4 min

The CDC randomly inspects and scores cruise ships to prevent the spread of stomach viruses. So far, in 2024, 18 cruise ships have received a perfect score. The Centers for Disease Control and Prevention randomly conducts sanitary inspections on cruise ships throughout the year. AdvertisementMSC Meraviglia is one of 18 cruise ships to have received a perfect score from the CDC so far in 2024. So far, in 2024, the CDC has inspected 116 cruise ships.

Persons: —, they've, Sergi Reboredo, Florent Serfari, Norwegian Bliss — Organizations: CDC, Service, Disease Control, Royal Caribbean, Celebrity Cruises, Getty, Sanitation, Orion, Ocean Cruises, Cruise, Oceania Cruises, Seas, Caribbean International, Meraviglia, MSC Cruises, Cruises, Sky, Cruise Line, Polaris, Disney, Disney Cruise Line Locations: Norwegian

☆ Walmart's in-house meteorologist has been extremely busy
▼ + stars: | 2024-10-10 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

With hurricane season in full swing, Walmart's emergency response team is working overtime. The company's response to storms like Hurricane Milton is coordinated by meteorologist Tom Bedard. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Advertisement"Gray-sky days" start around 3:45 a.m. for Walmart's in-house meteorologist, Tom Bedard. Walmart's in-house meteorologist Tom Bedard at work.

Persons: Hurricane Milton, Tom Bedard, Bedard, —, Helene, it's Hurricane Milton, Idalia, We've, Doug McMillon, John Furner, " Bedard, Walmart's, you've, We're, we've, Katrina —, Rita Organizations: Service, National Hurricane Center, it's, Walmart, National Disaster Preparedness Training Center, Emergency, Center, Walmart Walmart, Gulf Locations: Hurricane, Texas, Appalachia, it's Hurricane, Gulf Coast of Florida, AccuWeather, Milton, Bentonvill , Arkansas, Florida, Bentonville, Asheville , North Carolina, Houston, Houston —

☆ The chemtrail conspiracy theory has its moment in the sun amid hurricanes Milton and Helene
▼ + stars: | 2024-10-10 | by ( Donie O'Sullivan | ) edition.cnn.com time to read: +7 min

As myths about Milton and Helene spread, interest in chemtrails increased too on Google search and social media. Despite the lack of evidence to support it, the so-called chemtrail conspiracy theory has endured for decades. Some of the promotion of the conspiracy theory has taken on a distinctively antisemitic tone. Peters previously promoted the unhinged conspiracy theory that ballots were flown from Asia as part of a plot to steal the 2020 election from President Trump. Friedrich suggested the conspiracy theories blaming weather manipulation for the devastation caused by Hurricanes Helene and Milton is a way to distract from the real effects of climate change.

Persons: Milton, Donald Trump, Helene, ” Trump, Robert F, Kennedy Jr, ” Daniel Swain, ”, Harris, Hurricanes Helene, Alex Jones, “, ” Jones, Stew Peters, X, Hurricane Milton, ” Peters, Peters, Trump, Marjorie Taylor Greene, Rothschild, Greene, Katja Friedrich, Friedrich, Joshua Horton Organizations: CNN, Hurricanes, Trump, Google, Harvard University, University of California, Biden, Pentagon, NOAA, Republican, University of Colorado Locations: Tennessee, University of California Los Angeles, Hurricane, United States, Asia, Arizona, California, University of Colorado Boulder

But residents in St. Lucie County faced an entirely different threat: fatal tornadoes that were “supercharged” compared to typical hurricane-spawned tornadoes, National Hurricane Center Director Michael Brennan told CNN Thursday. “Their whole homes with them inside were lifted up, moved, destroyed,” St. Lucie County Sheriff Keith Pearson said. The St. Lucie County Sheriff's Office was damaged in Fort Pierce as Hurricane Milton crossed into Florida. “There’s no way we could have predicted this type of activity because this is just not precedented,” Port St. Lucie Mayor Shannon Martin told CNN’s Jim Acosta on Thursday morning. Julene Martin-Morganelli, board of directors president at Sunnier Palms Park and Campgrounds, was in her house when a tornado hit the area, she told CNN Thursday.

Persons: Milton, Lucie County, Michael Brennan, Keith Pearson, Hurricane Milton, Eric Hasert, Hurricane Irma, “, Lucie Mayor Shannon Martin, CNN’s Jim Acosta, I’ve, Lucie, Julene Martin, Martin, Morganelli, ”, ‘, Laura Gabriel, Gabriel Organizations: Lucie County , Florida CNN, CNN, National Weather Service, National Hurricane Center, Spanish Lakes Country Club, South Florida Logistics, Sheriff's, USA, Prestige Storage Locations: Lucie County , Florida, Siesta Key, Florida, St . Petersburg, St, Lucie, South Florida, Spanish, Portofino Shores, Holiday Pines, Lakewood Park, South, ” St, Fort Pierce, Hurricane, ” Port St

☆ United announced 13 new international routes and 3 'fifth freedom' flights to far-flung destinations
▼ + stars: | 2024-10-10 | by ( Taylor Rains | ) www.businessinsider.com time to read: +3 min

United Airlines announced 13 new routes across Asia, Europe, Africa, and Latin America. The Chicago-based carrier on Thursday announced 13 new routes across Asia, Europe, Africa, and Latin America starting in the summer of 2025. Mongolia adds to United's growing list of "fifth-freedom" routes from of Tokyo's Narita International Airport. Other new fifth-freedom routes include Kaohsiung, Taiwan, and the western Pacific country of Palau from Tokyo. The airline's Europe expansion goes beyond Greenland.

Persons: —, Patrick Quayle, Quayle Organizations: United Airlines, Service, America, Atlantic, Tokyo's, UN, Emirates, Singapore Airlines, Newark Liberty International, Washington Dulles International, United, Ponta Delgada Locations: Asia, Europe, Africa, America, Nuuk, Greenland, Ulaanbaatar, Mongolia, Guam, Chicago, Dakar, Senegal, Pacific, Kaohsiung, Taiwan, Palau, Tokyo, Cebu, Philippines, UAE, Milan, New York, Dubai, Frankfurt, Germany, Singapore, United's Guam, Portugal, Italy, France, Spain, New Jersey, Dubrovnik, Croatia, Tenerife, Ponta, Mexico, Costa Rica

☆ Photos: Northern lights dazzle during solar storm
▼ + stars: | 2024-10-10 | by ( Emmalee Reed | ) edition.cnn.com time to read: 1 min

Solar flares and coronal mass ejections released from the sun are making colorful auroras visible farther south than they typically do. This solar storm is not expected to be as intense as the one that occurred in May, but it could still disrupt communications, the power grid and satellite operations, according to the National Weather Service’s Space Weather Prediction Center. Increased solar activity causes auroras that dance around Earth’s poles, known as the northern lights, or aurora borealis, and southern lights, or aurora australis. When the energized particles from coronal mass ejections reach Earth’s magnetic field, they interact with gases in the atmosphere to create those different colored lights in the sky. Even if auroras don’t appear visible, photos of the night sky may capture colors you can’t see with the naked eye.

Persons: auroras Organizations: Prediction Center

☆ The WNBA is having a real moment - Caitlin Clark and the league’s historic season by the numbers
▼ + stars: | 2024-10-10 | by ( Harry Enten | ) edition.cnn.com time to read: +4 min

They’ve been higher this WNBA season, starting with the draft in April, than at any point since we’ve had data (2004). A little more than 4,000 people attended their average game in 2023, which ranked them second to last. Angel Reese and Caitlin Clark were teammates in the 2024 WNBA All-Star Game. More people tuned into the average nationally televised WNBA game this season, 657k, than in any season in the 21st century. These Sky-Fever numbers actually match or exceed the average nationally televised MLB regular season game.

Persons: I’m, Caitlin Clark, They’ve, we’ve, Clark, Angel Reese, Juan Ocampo, Reese, Reese showdowns, Tiffany Hayes, Sabally, Ethan Miller, Aaron Judge, Mike Trout, It’s Organizations: CNN, Indiana Fever, WNBA, NBA, hometown Indiana Pacers, Chicago Sky, Getty, CBS Sports, ESPN, Liberty, Las Vegas Aces, Clark’s Locations: York

☆ I work on an oil rig. It has lonely moments, but every rig I've been on is like a family.
▼ + stars: | 2024-10-10 | by ( Claire Turrell | ) www.businessinsider.com time to read: +7 min

Kailem Donovan, 37, from Middlesborough, England, works on oil rigs in the North and Baltic seas. Donovan works 12-hour shifts but gets three weeks of holiday every three weeks working on the rig. Working on an oil rig has always been my dream job. Some of my friends worked on oil rigs and encouraged me to apply. Related storiesRigs have lonely moments, but everyone is familyI worked at different wind farms for the next two years before getting a contract on an oil rig.

Persons: Kailem Donovan, Donovan, —, It's, We're, it's, I've, I'd, we're, I'm Organizations: Service, Industry Locations: Middlesborough, England, North, Baltic, Aberdeen, Norway

☆ 4 trends to watch this bank earnings season
▼ + stars: | 2024-10-09 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +6 min

Expect lots of questions about how lower rates will affect business going forward. JPMorgan and Wells Fargo will kick off earnings on Friday, followed by Goldman Sachs, Citi, and Bank of America on Tuesday. Related storiesHere are the top four things to look for this bank earnings season. AdvertisementGoldman Sachs CEO David Solomon described a "more challenging macro environment, particularly in the month of August," and said the bank's trading business was "trending down close to 10%." In good news, the compensation expert Johnson Associates sees bonuses up this year across the board, an analysis that's reflected in part of Wall Street's earnings results so far this year.

Persons: Wells Fargo, —, Daniel Pinto, Wells, Goldman Sachs, Morgan Stanley, What's, David Solomon, Solomon, Pinto, Banks, Johnson Organizations: JPMorgan, Service, JPMorgan Chase, Federal Reserve, Citi, Bank of America, Investment, LSEG, Renaissance, Barclays Financial Services Conference, Lending, Fed, Wall, Barclays

☆ Jürgen Klopp to become Red Bull’s global head of soccer in first job since leaving Liverpool
▼ + stars: | 2024-10-09 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Jürgen Klopp was announced as the global head of soccer for the Red Bull group on Wednesday in what will be his first job since leaving Premier League giant Liverpool earlier this year. “By joining Red Bull at a global level, I want to develop, improve and support the incredible football talent that we have at our disposal. Before managing Liverpool, Klopp won the German league title twice with Borussia Dortmund. “We are very proud of this outstanding and certainly the strongest signing in Red Bull’s soccer history,” Oliver Mintzlaff, CEO of corporate projects and investments at Red Bull, said in a statement. In his role as Head of Soccer, he will be a game changer for our involvement in international soccer and its continued development.

Persons: Jürgen Klopp, Klopp, ” Klopp, Red Bull, Klopp won’t, ”, “, Julian Nagelsmann, ” Oliver Mintzlaff Organizations: CNN, Red Bull, Premier League, Liverpool, RB Leipzig, RB Salzburg, New York Red Bulls, “, Bull, Champions League, FA, FIFA Club, UEFA Super League, Europa League, Sky Sports, Red, German, Bayern Munich, Borussia Dortmund, Soccer Locations: Germany, Austria, New, Liverpool, “

☆ Air France says jet flew over Iraq as Iranian missiles descended on Israel
▼ + stars: | 2024-10-09 | by ( Christian Edwards | Saskya Vandoorne | ) edition.cnn.com time to read: +3 min

CNN —Air France has opened an investigation into how a jet flying from Paris to Dubai went over Iraq as Iranian missiles fired at Israel crossed the same airspace, the airline said Wednesday. The missiles had to pass through Iraq’s airspace to reach Israel. Air France Flight AF662 was flying over Iraq when the Iranian attack began at around 4:45 p.m. UTC (11.45 a.m. “Thanks to the information we gathered we were able to identify a forthcoming attack on Israel by Iran, involving the launch of ballistic missiles,” Air France said. “As a result, and without waiting for instructions from the Iraqi authorities, Air France decided to suspend the overflight of the country’s airspace by its aircraft from 5 p.m. UTC [12 p.m.

Persons: Hassan Nasrallah, AF662, ”, Benjamin Netanyahu Organizations: CNN — Air, Israel, Air, CNN, ” Air, “ Air France, Air France Locations: CNN — Air France, Paris, Dubai, Iraq, Iranian, Israel, Iran, Lebanon, ” Air France, Air France, Tehran

☆ Tesla is approaching its 'most hyped' event in a decade. Here's what Wall Street is expecting from Robotaxi Day.
▼ + stars: | 2024-10-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Tesla is about to unveil its Robotaxi, the self-driving car Elon Musk has talked about for years. Tesla will host its long-awaited Robotaxi event on Thursday, where the company is set to unveil the self-driving car Musk has teased for years. Tesla shares slumped earlier this year after Musk moved the Robotaxi event from August to October, which fueled concerns about the new technology. Tesla is hosting the Robotaxi event at Warner Bros. That venue may be able to demo the self-driving car with a Hollywood polish, analysts have said.

Persons: Tesla, Elon Musk, —, Elon, Jay Woods, They've, Woods, Musk, UBS Tesla, Wedbush, Garrett Nelson, Nelson, CFRA Organizations: Service, Freedom Capital, Schwab Network, UBS, Warner Bros, Bloomberg, Truist Securities Truist Securities, Optimus, Wedbush, Tesla, CFRA Research Locations: Hollywood

☆ Stocks making the biggest moves midday: Norwegian Cruise Line, Reddit, Chewy, Boeing and more
▼ + stars: | 2024-10-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Norwegian Cruise Line – Shares popped 10% on the heels of a Citi upgrade to buy from neutral. Citi said the company should see significant growth in earnings per share that can drive earnings upside and expand the margin. Reddit – The social forum stock gained close to 2% after Jefferies began coverage on the name with a buy rating. Helen of Troy – The housewares stock soared more than 19% after the company's second-quarter earnings beat Wall Street's expectations. Chewy – The pet product online retailer saw shares rising 3% after TD Cowen initiated coverage on the stock with a buy rating.

Persons: Jefferies, John Colantuoni, Rio, GitLab, Morgan Stanley, Helen of Troy –, Helen of Troy, FactSet, TD Cowen, Chewy, —, Alex Harring, Yun Li, Lisa Kailai Han, Jesse Pound Organizations: Cruise, Citi, Bayer – U.S, Washington Supreme, Sky Valley Education Center, Monsanto, Rio Tinto, Boeing –, Boeing, Department, Google Locations: Washington, Rio, U.S

☆ NOAA: Solar storm set to arrive, possibly creating auroras as well as affecting communications, GPS systems and power
▼ + stars: | 2024-10-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

The severe solar storm, classified as a level 4 on a scale from 1 to 5, also could disrupt communications, the power grid and satellite operations, according to officials at the center. “Geomagnetic storms can impact infrastructure in near-Earth orbit and on Earth’s surface,” according to the Space Weather Prediction Center. But if the storm escalates to a G5, auroras could be visible across southern states and elsewhere around the world. Before then, the last G5 storm to hit Earth was in 2003, resulting in power outages in Sweden and damaging power transformers in South Africa. The solar storm in May was the most successfully mitigated space weather storm in history, Dahl said.

Persons: won’t, Shawn Dahl, Hurricane Milton, Dahl, auroras, John Deere, ” Dahl, we’re, ” Organizations: CNN, Prediction, Federal Emergency Management Agency, Hurricane, Dynamics, NASA, Oceanic, Atmospheric Administration Locations: United States, Alabama, Northern California, American, Eastern, Sweden, South Africa

☆ How to send satellite texts on newer iPhones if your cell service is knocked out during Hurricane Milton
▼ + stars: | 2024-10-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Hurricane Milton may disrupt power and cell service in Florida. iPhone 14 and later models with iOS 18 offer satellite messaging when cell service is unavailable. Here's how to make sure your iPhone is set up to send satellite messages if Hurricane Milton topples the connectivity in your area. You can also send satellite messages via SMS to mobile numbers that aren't iPhones, but you have to message them first before their messages reach you, according to Apple's website. Still, satellite messaging can allow families to connect and let each other know they're safe during Hurricane Milton.

Persons: Hurricane Helene, —, Milton, Matt Van Swol, Hurricane Milton Organizations: Service, iOS, Apple Locations: Florida, Hurricane, Asheville NC, Asheville , North Carolina

☆ Bayer shares down 7% after U.S. court says it will review Monsanto case
▼ + stars: | 2024-10-09 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Logo and flags of Bayer AG are pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany. Shares of German life sciences company Bayer fell nearly 7% on Wednesday, after a U.S. court said it would review a case alleging that exposure to products of the company's Monsanto unit harmed individuals. Previously, an appeals court had overturned a $185 million award in the trial after finding flaws in the case in May, according to Reuters. Shares had tumbled more than 30% last year amid challenges including ongoing litigation over the Monsanto unit and high net debt. Bayer argues the claims relate to industrial materials which Monsanto voluntarily ended manufacture of in 1977.

Persons: Bayer Organizations: Bayer AG, Monsanto, Washington Supreme, Sky Valley Education Center, Reuters, Bayer, Appeals, U.S, Circuit Locations: Wuppertal, Germany, Washington, London, U.S, Philadelphia

☆ Comet C/2023 A3 Tsuchinshan–ATLAS will soon fly by Earth
▼ + stars: | 2024-10-09 | by ( Ashley Strickland | Taylor Nicioli | ) edition.cnn.com time to read: +5 min

CNN —A recently discovered comet, known as C/2023 A3 Tsuchinshan–ATLAS, will make its closest approach of Earth on Saturday. Sky-gazers won’t want to miss the event since it may be the last time the comet will be seen in the night sky for another 80,000 years. It will just appear to hang there, and it will slowly change position from night to night,” Cooke said. C/2023 A3 Tsuchinshan–ATLAS appears brighter in an image taken by the Virtual Telescope Project three days after the comet reached its perihelion. “For many people, and especially children, seeing a bright comet in the night sky is a beautiful and life-changing experience,” Kareta said.

Persons: CNN —, Gianluca Masi, Bill Cooke, It’s, ” Cooke, ”, Teddy Kareta, Cooke, ” Kareta Organizations: CNN, Southern Hemisphere, Northern Hemisphere, NASA, Telescope, Marshall Space, Lowell, Virtual Telescope, American Meteor Society, Taurids Locations: Italy, Meteoroid, Huntsville , Alabama, South Africa, Flagstaff , Arizona

☆ Bridgit Mendler's space startup Northwood passes first test, connecting prototype antenna to Planet satellites
▼ + stars: | 2024-10-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

The company's prototype antenna "Frankie" during testing in North Dakota on Oct. 5, 2024. North Dakota testingSetting up the company's prototype antenna in the early hours of Oct. 2, 2024. Northwood SpaceLast week the Northwood team was out in remote Maddock, North Dakota, to test its prototype antenna — "fondly dubbed Frankie," Mendler notes — by connecting to a Planet satellite in orbit. We're proud to be a part of this breakthrough in ground station technology," Planet senior director of global ground networks Joseph Breu said in a statement to CNBC. Northwood Space

Persons: Griffin, Bridgit Mendler, Mendler, Northwood, Frankie, Joseph Breu Organizations: Software, Northwood, CNBC, Service, Northwood Space Locations: Northwood, Segundo , California, North Dakota, Maddock , North Dakota

☆ The Viral Dances Changing the Way Women Move
▼ + stars: | 2024-10-09 | by ( Coralie Kraft | Photographs Malike Sidibe | ) www.nytimes.com time to read: +10 min

Parris Goebel Is Changing the Way Women Move Her surreal, muscular dances for Rihanna, SZA and other pop stars have made her one of the world’s most in-demand choreographers. As the music gathered momentum, the camera raced through the crowd of scowling dancers until, finally, Rihanna appeared. The choreographer behind this viral performance, 32-year-old Parris Goebel, has established herself as one of the music industry’s most innovative and in-demand artists. There’s something cathartic about watching a group of (mostly) women snarling in lock step, an image of power and indomitability. Rihanna’s representative confirmed that Rihanna and Goebel were shooting something at the palace, though the project is still under wraps.

Persons: Parris Goebel, Rihanna, SZA, “, ”, Cat, Justin Bieber, Ariana Grande, Goebel, Fatima Robinson, Missy Elliott, Britney, Christina Aguilera’s, Christina Aguilera, Britney Spears, Tate McRae, It’s, Tate, McRae, Gene Kelly, growled, choreographing, Jennifer Lopez’s, ” Goebel, Bob Fosse, Justin Bieber’s, —, ” SZA, ” — Parris Goebel, influencer, natalieg, I’m Organizations: Nike, Paris, Nike Paris, YouTube, Urban Dance, Rihanna’s, Samoan rugby, Coachella, intuit, of Mirrors Locations: Auckland, Versailles

☆ How the source of your tissues is fueling wildfires thousands of miles away
▼ + stars: | 2024-10-08 | by ( Vasco Cotovio | ) edition.cnn.com time to read: +9 min

Certain toilet paper, tissue and office paper brands are made with materials from eucalyptus trees, a non-native species to Portugal. CNN PortugalThe problem is eucalyptus trees are particularly flammable. The eucalyptus tree is native to Australia and provides food and shelter to koalas, among other wildlife. As the Portuguese paper and timber industries grew in the mid-1900s, so too did eucalyptus plantations, and the species now covers nearly 2 million acres. In California, the eucalyptus tree has been naturalized, meaning it now grows beyond the places it was planted.

Persons: it’s, Patricia De Melo, Patricia De Melo Moreira, Domingos Patacho, Brais Lorenzo, Patacho, Henrique Pereira dos Santos, de Santos, Juan Manuel Castro Prieto, Luís, Sarabando, Octavio Passos, Jose Sarmento Matos, “ Organizations: Lisbon CNN —, CNN, Firefighters, Getty, AFP, National Park Service, Bloomberg, Northwestern, Agence, Vouga Forestry Association, Navigator Locations: Lisbon, Portugal, Europe, Albergaria, CNN Portugal, Australia, Portuguese, ”, California, Velha, Agueda, Northwestern Portugal, Greece, Italy, Finland, Constancia, Abrantes, United States, New York City, Arouca

☆ Credit card spending growth is slowing — 'consumers have been in a pretty frugal mood,' expert says
▼ + stars: | 2024-10-08 | by ( Jessica Dickler | ) www.cnbc.com time to read: 1 min

watch nowIn the last year, credit card debt spiked to a record $1.14 trillion. Revolving debt, which mostly includes credit card balances, fell 1.2% in August, compared to a year earlier, according to the Federal Reserve's G.19 consumer credit report released on Monday. Nonrevolving debt, such as auto loans and student loans, rose 3.3%. After a prolonged period of high inflation and sky-high interest rates rates, spending habits are adjusting, according to Ted Rossman, Bankrate's senior industry analyst. "Consumers have been in a pretty frugal mood lately," he said.

Persons: Ted Rossman Organizations: Federal, Consumers

View at Amazon What we like Check mark icon A check mark. Attractive, vintage lookCheck mark icon A check mark. Checked bag and carry-on bag in one matching setCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Mini LEDs with local dimming enable excellent contrastCheck mark icon A check mark.

Persons: I've, I'm, we've, Jolene Loafer, Pullover, Loren, LQ Organizations: Business, Deal, iRobot, Paris Chatelet Air, Samsung, Dolby, Alexa, Amazon, Amazon Philips, Philips

☆ For white-collar prisoners who just can't disconnect, $3,000 contraband cellphones can literally fall from the sky
▼ + stars: | 2024-10-08 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

White-collar criminals who can't disconnect are spending thousands of dollars on prison cellphones. Contraband phones go for $1,000 or as little as a few hundred dollars, depending on supply, at minimum-security camps, the so-called Club Feds. The stakes are particularly high for Wilson; his office continues to prosecute a violent, 90-defendant drug ring run by imprisoned people using contraband cellphones. The bureau urges Congress to pass the Lieutenant Osvaldo Albarati Stopping Prison Contraband Act, which would upgrade the charge of smuggling contraband cellphones into a Federal prison from a misdemeanor offense to a felony, Murphy said. White-collar criminals tend to put their contraband phones to more benign uses.

Persons: —, Craig Roth, Joseph Degregorio, Degregorio, it's, Justin Paperny, Paperny, Martha Stewart, Scotty Carper, Carper, Ron Kuby, Norm Pattis, Alex Jones, Pattis, Alan Wilson, Wilson, Donald Murphy, Osvaldo Albarati, Murphy, Christopher Carr, hadn't, Rothfeld, I've Organizations: Service, Devens, National Institute of Justice, Fed, FCC Devens, Feds, Federal Communications, of Prisons, FCC, South Carolina, AGs, Prisons, Georgia's AG Locations: New Jersey, Devens , Massachusetts, Lewisberg, Pennsylvania, Alderson , West Virginia, Leavenworth , Kansas, Sacramento , California, Leavenworth, Manhattan, Georgia

☆ People are tired of 'unpacking' every relationship issue. Here's what some happy couples do instead.
▼ + stars: | 2024-10-08 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

Advice on social media often suggests openness in relationships. AdvertisementCouples therapists also say they've noticed a recent uptick in relationship unpacking among clients. Avigail Lev, a licensed clinical psychologist in San Francisco, attributes part of the problem to social media, with people learning relationship advice from quick Instagram slideshows. Social media can be misleadingSocial media platforms are brimming with mental health advice. Relationship work shouldn't be so hardConstantly unpacking relationship issues can delay the inevitable break-up.

Persons: —, Sandra White, White, they've, Avigail Lev, Steven Floyd, Lev, Mikhaela Delahunty, she's, Delahunty, Floyd, they're, there's, Caroline Millet, dos, Millet, it's, pickleball Organizations: Service Locations: San Francisco, New York City

Search resuls for: "Sky

25 mentions found