Hurricane Idalia and Labor Day could send gas prices and inflation higher

View in Browser August 29, 2023 Dow 34,852.67 0.85% S&P 500 4,497.63 1.45% NASDAQ 13,943.76 1.74% Last updated August 29 at 4:59 PM ET     Hurricane Idalia and Labor Day could send gas prices and inflation higher Labor Day — one of the busiest driving holidays in the US — is on the horizon, and so is Hurricane Idalia. That's potentially bad news for gas prices.    Read full article   Crypto assets soar as US court clears a path for bitcoin ETFs The value of crypto assets surged Tuesday after a US court cleared a path for the nation's first bitcoin exchange-traded fund.    Read full article   Hundreds of flights are canceled as Hurricane Idalia disrupts air travel All flights from Tampa International Airport have been canceled Tuesday as Hurricane Idalia barrels toward the Florida's Gulf Coast.    Read full article   Farmers Insurance to lay off 2,400 workers across its entire business California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth.    Read full article   3M agrees to pay $6 billion after US military said faulty earplugs led to hearing loss 3M has agreed to pay $6 billion to resolve roughly 300,000 lawsuits alleging that the manufacturing company supplied faulty combat earplugs to the military that resulted in significant injuries, such as hearing loss.    Read full article   Amazon CEO tells employees to return to the office or their days may be numbered Amazon CEO Andy Jassy has told employees to get on board with the company's return-to-office plan or to consider employment elsewhere, the company confirmed to CNN, after a report by Insider highlighted Jassy's remarks from a recent internal event.    Read full article   Today's movers XIN 3.09 48.55% Xinyuan Real Estate Co. Ltd. Sponsored ADR TSHA 3.38 42.02% Taysha Gene Therapies, Inc. MARA 13.68 28.81% Marathon Digital Holdings Inc VFS 46.25 43.84% VinFast Auto Ltd. GNS 1.69 26.52% Genius Group Limited CAPR 6.10 22.36% Capricor Therapeutics, Inc. Last updated August 29 at 4:10 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com MARKETS NOW You are receiving this email because you signed up for updates from Markets Now.   No longer want to receive these updates? Unsubscribe. Interested in more? See all of our newsletters.   Create CNN Account | Listen to CNN Audio | Download the CNN App    ® © 2023 Cable News Network, Inc. A Warner Bros. Discovery Company. All Rights Reserved. One CNN Center Atlanta, GA 30303