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HOW TO PREPARE: Hurricane season can be stressful for anyone near the potential path of a storm. Powerful winds and heavy rain can cause widespread damage, cut power for days or weeks, and otherwise upend lives. But stress can be reduced when people have a plan, emergency management officials say. KINGSTON, Jamaica (AP) — Hurricane Melissa was set to pummel Jamaica on Tuesday as a catastrophic Category 5 storm, the strongest to lash the island since recordkeeping began 174 years ago.The storm was expected to make landfall early Tuesday and slice diagonally across the island, entering near St. Elizabeth parish…

TOKYO (AP) — Global shares were mostly lower on Tuesday as investors watched to see what might come of a planned meeting between President Donald Trump and China’s top leader. In Paris, the CAC 40 slipped 0.1% to 8,228.81. Germany’s DAX fell 0.2% to 24,270.20. Britain’s FTSE 100 was nearly unchanged at 9,656.76. U.S. futures were nearly unchanged. In Asia, Hong Kong’s Hang Seng dropped 0.3% to 26,346.14, reversing earlier gains, and the Shanghai Composite index lost 0.2% to 3,988.22 after briefly topping 4,000, its highest level in a decade. Trump has suggested he expects to forge another trade agreement…

Dan Rosensweig, CEO, CheggScott Mlyn | CNBCChegg said on Monday it would lay off about 45% of its workforce, or 388 employees, as the “new realities” of artificial intelligence and diminished traffic from internet search have led to plummeting revenue. The online education company, founded 20 years ago, has been hit by the rise of generative AI software tools, such as OpenAI’s ChatGPT, which have become increasingly popular among students. Chegg also sued Google in February, arguing that AI summaries of search results have hurt its traffic and sales.The company reiterated that claim on Monday, saying AI and “reduced traffic…

The top stories and transfer rumours from Tuesday’s newspapers…Premier LeagueManchester United are set to block January exits for Kobbie Mainoo and Joshua Zirkzee with both expected to play key roles during the Christmas period – The Sun Please use Chrome browser for a more accessible video player Manchester United head coach Ruben Amorim responds to the Kobbie Mainoo transfer rumours saying he wants the midfielder to stay and fight for his place Wayne Rooney believes Virgil van Dijk and Mohamed Salah should be doing more to help under fire Liverpool boss Arne Slot – BBCBryan Mbeumo and Amad Diallo are…

The top stories and transfer rumours from Tuesday’s newspapers…Premier LeagueManchester United are set to block January exits for Kobbie Mainoo and Joshua Zirkzee with both expected to play key roles during the Christmas period – The Sun Please use Chrome browser for a more accessible video player Manchester United head coach Ruben Amorim responds to the Kobbie Mainoo transfer rumours saying he wants the midfielder to stay and fight for his place Wayne Rooney believes Virgil van Dijk and Mohamed Salah should be doing more to help under fire Liverpool boss Arne Slot – BBCBryan Mbeumo and Amad Diallo are…

U.S. President Donald Trump (L) and Japanese Prime Minister Sanae Takaichi (R) hold up signed documents for a critical minerals/rare earth deal with Japan during a meeting at Akasaka Palace on October 28, 2025 in Tokyo, Japan. Trump is on a visit to Asia that takes in the ASEAN summit in Malaysia, followed by a trip to Japan and South Korea ahead of the APEC meetings. Andrew Harnik | Getty Images News | Getty ImagesAsia markets were broadly lower Tuesday as investors digested a new rare earths framework signed by U.S. President Donald Trump and Japan’s Prime Minister Sanae Takaichi,…

A container ship sails past buildings in Busan, South Korea, on Thursday, Sept. 22, 2022. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesSouth Korea’s economy expanded at its fastest pace in more than a year, with its third-quarter gross domestic product growth topping analysts’ estimates on Tuesday.According to advance estimates from Bank of Korea, GDP rose 1.7%, year on year, compared to the 1.5% rise expected by economists polled by Reuters. The economy had grown by 0.6% in the second quarter.Data from the Bank of Korea revealed that growth was mostly supported by exports and the manufacturing…

This week’s earnings from major tech megacaps — namely Amazon, Alphabet, Apple, Microsoft and Meta — are vital to the market’s performance over the next few months, CNBC’s Jim Cramer said on Monday.”We know that the market’s direction for the next couple of months will be defined by the results we get this week,” he said. “You cannot mount a sustained advance if you lose these companies. Nothing can make up for them. Yes, the stakes really are that high.”These stocks, along with their Magnificent Seven peers Nvidia and Tesla, account for almost 35% of the S&P 500, Cramer said.…

CNBC’s Jim Cramer on Monday reviewed the only six U.S. companies currently valued between $500 billion and $1 trillion, and he ranked JPMorgan Chase as the one most likely to be the next to reach $1 trillion.”The reason I have JPMorgan as the favorite in this race, with three to one odds, is very simple: the banks are on fire right now, and right now this stock is ridiculously cheap … This thing trades at 15 times this year’s earnings estimates,” he said. “If we get a little multiple expansion and people, say, they start paying 17.5 times next year’s…

The United States and China have reached a tentative framework to avert a renewed escalation in their long-running trade dispute, with both sides signaling readiness for compromise ahead of a planned meeting between the two countries’ top leaders. US President Donald Trump and Chinese President Xi Jinping will meet face-to-face on the sidelines of the APEC Summit in South Korea on Thursday. Following two days of intensive negotiations with Chinese Vice Premier He Lifeng in Kuala Lumpur, Malaysia, US Treasury Secretary Scott Bessent told NBC in an interview on October 26 that the Chinese side had agreed to resume soybean…