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This inflation-focused ETF may be in a sweet spot
  + stars: | 2024-05-11 | by ( Emily Glass | ) www.cnbc.com   time to read: +2 min
But even if the Federal Reserve starts to cut this year, Horizon Kinetics' James Davolos thinks his firm's Inflation Beneficiaries ETF (INFL) is in a sweet spot. "We're actually going into the mature phase of inflation," the firm's portfolio manager Davolos told CNBC's "ETF Edge" this week. Horizon Kinetics created the Inflation Beneficiaries ETF in January 2021 as inflation started to rise after the Covid-19 pandemic quarantine. As of April 30, FactSet shows the Inflation Beneficiaries ETF's top holdings include Wheaton Precious Metals , PrairieSky Royalty and Viper Energy . As of Friday's close, the Inflation Beneficiaries ETF is up 30% since its inception.
Persons: James Davolos, We're, Davolos, CNBC's Organizations: Federal Reserve, Reserve, Wheaton Precious Metals, PrairieSky, Viper Energy
James Lemons was carrying daughter Kensley on his shoulders at the Kansas City Chiefs Super Bowl parade when he felt a bullet enter the back of his right thigh. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. A bullet went through the jaw of Mireya Nelson during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024. Erika NelsonMireya Nelson, who was shot during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024, undergoes her first physical therapy session while still in the hospital.
Persons: James Lemons, Sarai Holguin, Mireya Nelson, it’s, ” Lemons, Nelson, Lemons, Kensley, Detectives, , , Jaxson, “ I’m, Brandie, I’m, “ I’ve, I’ll, Leslie Carto, Brendan Campbell, Campbell, Louis, ” Punch, Bram Sable, , They’ve, ’ Sarai Holguin, Holguin, she’d, Cesar, Christopher Smith, Lisa Lopez, Galvan, Lopez, didn’t, ” Holguin, “ It’s, ” Campbell, Holguin isn’t, Erika, Mireya, ” Mireya, ” Erika, aren’t, Punch, Erika Nelson Mireya Nelson, Erika Nelson Mireya, , Dr, Sanjay Gupta, Erika doesn’t Organizations: CNN, Kansas City Chiefs Super, Chiefs, University Health, ” University Health, Surgeons, Connecticut Children’s, Control, American College of Surgeons, Trauma, KFF, Union, KFF Health, Mexican Consulate, Centers for Disease Control, Get CNN, CNN Health, KC Locations: Mexico, U.S, Holguin, Harrisonville , Missouri, Kansas City, Connecticut, St, Puebla, Missouri, Mexican, Jackson, Belton , Missouri, downtown, KCUR
First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.
Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California
After a meeting that lasted for hours, the Shenandoah County school board voted early Friday morning to restore the names of three Confederate officers to schools in the district. With the vote, the district appears to be the first in the country to return Confederate names to schools that had removed them after the summer of 2020, according to researchers at the Montgomery, Ala.-based Equal Justice Initiative. The schools were renamed the next year as Honey Run and Mountain View. But a fury had been unleashed in the rural county in the mountains of Virginia. People crowded into school board meetings, denouncing the naming process as secretive and rushed, and voicing deeper resentments about cultural changes they saw as being foisted upon them.
Persons: George Floyd, — Ashby, Lee Elementary, Stonewall Jackson, Honey Organizations: Initiative, Lee, Stonewall Locations: Shenandoah County, Montgomery, Ala, Virginia
CNN —Pro-Palestinian encampments were cleared from at least three college campuses early Friday, marking some of the latest examples of schools using law enforcement to respond to demonstrations that have popped up across the country in recent weeks. Police begin dismantling protest encampment at University of Pennsylvania: Police ordered protesters to leave their encampment early Friday morning. Signs and flags are seen at a pro-Palestinian encampment on the lawn of the Stratton Student Center at the Massachusetts Institute of Technology in Cambridge, Massachusetts, on Thursday. Rick Friedman/AFP/Getty ImagesMIT encampment dismantledDemonstrators chanted messages like, “Free Palestine” as police dismantled the pro-Palestinian encampment on the Cambridge, Massachusetts, campus early Friday, video from CNN affiliate WFXT showed. On Thursday, fewer than 10 students were arrested on campus, according to the university.
Persons: United Nations Linda Thomas, Greenfield, Reynold Verret, won’t, Donna Shalala, Rick Friedman, WFXT, Francesca Riccio, Ackerman, Andy Rose Sam Simpson, Rob Frehse, Zenebou Sylla Organizations: CNN — Pro, Massachusetts Institute of Technology, Law, The University of Arizona, . Police, University of Pennsylvania : Police, Daily, Police, ” Police, CNN, WPVI, Xavier University, UN, US, United Nations, Hamas, The New, New York City, Faculty Senate, Stratton Student, Getty, MIT Locations: College, Louisiana, Israel, Stratton, Cambridge , Massachusetts
A Solar Storm Lights Up the Night Sky
  + stars: | 2024-05-10 | by ( The New York Times | ) www.nytimes.com   time to read: +1 min
People in Britain marveled at the unusual and spectacular sight of the northern lights on Friday night, the consequence of a severe solar storm that was brewing and was expected to continue over the coming days. The northern lights — also known as aurora borealis — usually don’t reach this far south. People in other European countries, including Denmark and Germany, also reported seeing the lights. As one user wrote: “Aurora Borealis? Localized entirely over Edinburgh?”Another onlooker posted, “It really is gorgeous though.”The northern lights also made appearances in North America, with some people reporting sightings in Maine on Friday night.
Locations: Britain, Denmark, Germany, Edinburgh, North America, Maine
AI chatbots are expected to replace 20-30% of customer service agents by 2026, according to Gartner. Despite the potential savings and efficiency, AI customer service has seen limited adoption. AdvertisementGen Z hates talking on the phone, so companies like the $9.7 billion buy-now, pay-later giant Affirm are betting big on AI-powered chatbots. AI customer service hasn't been a panacea for all businesses, though. People tricked and hacked a car dealership's customer service AI in December, and in January, a UK mail service's bot swore at a customer.
Persons: , Max Levchin, We've, Levchin, chatbots, that's, Deb Cupp, Mihir Shukla, hasn't Organizations: Gartner, Service, PayPal, Tech, Microsoft Locations: Davos
My 93-year-old mom lives over 3,000 miles from me across the Atlantic. I envy families who are together on Mother's Day and can make their moms feel special in person. AdvertisementIn the run-up to Mother's Day this year, my inbox has been flooded with holiday specials. Every time I receive a new email with Mother's Day in the subject line, I can't help but feel sad. Related storiesMy husband suggested we go out for Mother's Day brunch a few years ago.
Persons: , she's Organizations: Service, Mother's, Hallmark, Business Locations: England, New York, Portland , Oregon, British
A psychologist told Business Insider why true crime turns viewers into armchair detectives. True crime blurs the line between real life and fictionRichard Gadd as Donny Dunn in "Baby Reindeer." AdvertisementThat's further complicated by some true crime audiences thinking they are helping to bring about justice by becoming armchair detectives. AdvertisementIn a piece published by The Guardian, titled "Why do women love true crime so much?" Ed Miller/NetflixThis raises the question of whether streaming services and TV networks are doing enough to protect those involved in true crime content.
Persons: , Donny Dunn, Richard Gadd, Martha, Gadd, Martha Scott, He's, Piers Morgan, Fiona Harvey —, TikTok sleuths, Sean Foley, Foley, — sean foley, @SeanFoleyJ, Nicola Bulley, Andrew Snowden, Ed Miller, Ruth Tully, Tully, Nancy Jo Sales, influencers, Jessica Gunning, " Gadd, Benjamin King, it's, King, Errol Lindsay, Jeffrey Dahmer's, Jeffrey Dahmer, Rita Isbell, Netflix should've Organizations: Service, Rotten, Google, Netflix, Daily Mail, Police, Lancashire's Police, The Guardian, European, Research, Business Locations: British
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "There is a sense that travel has declined a bit in the United States, and nobody is denying that," Cramer said. Cramer said investors have questions about the sustainability of Robinhood's success due to the popularity of options and crypto trading on the platform. … Last quarter was very, very good, and I think they themselves were shocked that this happened," Cramer said. Yeti Holdings : Shares popped more than 10% after the cooler and mug maker's first-quarter results topped estimates.
Persons: Jim Cramer's, Jim Cramer, Cramer, " Cramer Organizations: CNBC, Club, Arm Holdings, Nvidia, Robinhood, Holdings Locations: United States
A Hong Kong court on Wednesday granted a government request to ban a popular pro-democracy anthem, raising further concerns about free speech in the city. The decision, which overturned an initial ruling, could give the government power to force Google and other tech companies to restrict online access to the song in Hong Kong. At issue in the case is “Glory to Hong Kong,” which emerged in 2019 as an unofficial anthem for democracy protests and a flashpoint for the authorities, who considered it an insult to China’s national anthem. The song has been banned from Hong Kong schools and has drawn angry official rebukes when played, apparently by mistake, at international sports events. People convicted of posting seditious content online have gone to prison.
Organizations: Google Locations: Hong Kong, Beijing, British
Whether he's playing the handsome leading man in a rom-com or an intensely focused franchise star, Pine has the uncanny ability to adapt into the movie star that's needed at any particular moment. I learned more from that set about what it means to be a movie star than probably anything else. On turning down 'Wonder Woman' twice before director Patty Jenkins convinced him by bringing up 'Casablanca'"Wonder Woman." Warner Bros. PicturesBy the time you did the "Wonder Woman" franchise, you had done your fair share of blockbusters. Even think of "Wonder Woman 1984" — that's a blockbuster movie that is a hero's journey not about revenge.
Persons: Chris Pine, he's, Don Mattingly, Annette Bening, Danny DeVito, Gwynne Gilford, Robert Pine, Sergeant Getraer, Jack, Pine, Anne Hathaway, David Caruso, it's, Kirk —, Kirk, William Shatner, Karl Urban, McCoy, Karl, Spock, Zach, Quinto, Leonard, Nimoy, Abrams, Shatner, Denzel, Denzel Washington, Tony Scott, Mark Bomback, I'm, you'd, Ben Foster, Taylor, Sheridan, David, Mackenzie, Jeff Bridges, Jeff, Ben, hadn't, Patty Jenkins, Patty, Steve Organizations: Business, Yankee, Washington, Walt Disney Pictures, CSI, Paramount Pictures, Denzel Washington, Denzel, Denzel Washington —, CBS, Warner Bros ., gonzo Locations: cardigan, Pine, Coast, heartthrob, Miami, Casablanca
Aside from ramen and sausages, South Korea's convenience stores have a new popular item on the menu — gold bars. The country's largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation (KOMSCO) to offer customers mini gold bars — and they're selling like hot cakes. A variety of finger-nail sized gold bars weighing between 0.1 gram and 1.87 gram have been up for sale at CU outlets since April. Priced at 113,000 won each, 1 gram bars were sold out within two days, according to local news reports. This was the sharpest quarterly increase in gold purchases in South Korea in more than two years, WGC noted.
Organizations: Printing Corporation, Gold Locations: Korea, South Korea
In the intervening 33 years, how young adults spent their money changed dramatically. Millennials are spending a lot more on healthcare and rented housingHealth insurance spending stands out between the average young adult in 1989 versus in 2022. Based on average data, young adults were spending roughly 60% more on apartments and other rented housing. Before adjusting 1989 data for inflation, young adults in 2022 spent 304% more on fresh fruits than young adults in 1989. Based on our analysis, the average young adult in 2022 was spending more on nonalcoholic beverages and less on alcoholic beverages than the average young adult in 1989.
Persons: , Harry Met Sally, millennials, Gen Zers, Grace Hill, Gen Organizations: Service, Nintendo Game, Business, Bureau of Labor Statistics, Labor, BLS, Pew Research Center, CPI, Gallup Locations: Millennials
Quannah Chasinghorse attended the 2024 Met Gala on Monday. Chasinghorse told Nylon she has become a "safe space" for first-time Met Gala attendees. AdvertisementThe 2024 Met Gala took place on Monday. Like, really, really lonely." AdvertisementLily Gladstone and Quannah Chasinghorse at the 2024 Met Gala.
Persons: Quannah Chasinghorse, Hannah Dixon, Chasinghorse, , Tyla's, Mona Patel's, Ann, Sofie Johansson, Taylor Hill, Heather Dixon, Lily Gladstone, Arturo Holmes Organizations: Service, Metropolitan Museum of Art Locations: New York, Alaska
Kevin O'Leary said he would've fired the Hims & Hers CEO for backing the pro-Palestinian protests. AdvertisementHims & Hers CEO Andrew Dudum should have been fired immediately for supporting the pro-Palestinian student protesters, says "Shark Tank" host and investor Kevin O'Leary. On May 1, Dudum said in an X post that student protesters should "keep going" because "it's working." People are very polarized by this war, as they are in every war," O'Leary said. Last week, the businessman said in an interview on Fox News' "The Five" that pro-Palestinian student protesters will be "screwed" when they start job hunting.
Persons: Kevin O'Leary, would've, Andrew Dudum, " O'Leary, Dudum's, , O'Leary, Dudum, you’re, Dudum didn't, CNN's Laura Poole Organizations: Service, Palestinian, Fox Business, Columbia University, UCLA, BI, Fox News, Google, National Labor Relations Board Locations: Israel, Gaza
"But What Will People Say?," a memoir and self-help book from writer and therapist Sahaj Kaur Kohli, published on May 7. In “But What Will People Say?,” which published May 7, Kohli explores that fear of judgment, along with other challenges that children of immigrants commonly face: shame, self-sabotaging behaviors and the loss of cultural identity among them. In "But What Will People Say?," Kohli examines the dissonance between Western conversations around mental health and family dynamics in immigrant households. So many of us will feel guilt and all of a sudden be like, “I’m doing something wrong. Do you feel guilt because your parents are subscribing to a different set of values that don’t align with yours?
Persons: Sahaj Kaur Kohli, Kohli, , ” Kohli, I’m, Beowulf Sheehan, it’s, What’s, , don’t, “ I’m, Abir Bhattacharya, you’re Organizations: CNN, Mental, Penguin, Brown Locations: White, Virginia, Indian
CNN —It feels weird to begin a complimentary piece about Anne Hathaway by saying I didn’t especially enjoy her latest movie, but here goes. Yet, as she recently explained to the New York Times, she’s spent far too much of her life trying to make other people happy. Even now, a Google search for “hate Anne Hathaway” produces more than five million hits. The movie is set years after that betrayal, and Solène, like Hathaway, has outgrown her habit of people pleasing. Hathaway is so luminously beautiful in “The Idea of You” that, for me at least, it undermines the entire film.
Persons: Holly Thomas, Katie Couric, Anne Hathaway, it’s, Solène Marchand, She’s “, Hayes Campbell’s, Nicholas Galitzine, he’s, Hathaway, she’s, , snarky, Oscar, “ Les, Critics, Anne Hathaway ”, It’s, Jake Gyllenhaal, Leonardo DiCaprio, Jennifer Lawrence, Jameela Jamil, Solène, didn’t, you’re, Hayes Organizations: Katie Couric Media, CNN, New York Times, , New York Magazine, Twitter, Facebook Locations: London
An amateur archaeology group found a mysterious dodecahedron near an ancient Roman villa. Amateur archaeologists with the Norton Disney History and Archaeology Group have been excavating its remains, including a bathhouse, gatehouse, and ancient tiled mosaic floors for the last few years when they made a miraculous discovery. Though he'd never seen one in person, Rob Evershed, a member of the group, recognized the hollow, rounded object as a Roman dodecahedron. No one knows the purpose of the dodecahedronThe Norton Disney History and Archaeology Group on the day they discovered the dodecahedron. Dodecahedrons may have been custom-madeParker thinks it would've taken an expert to make the dodecahedron that the Norton Disney group found.
Persons: , Richard Parker, Richard Watts, they've, Norton, we'd, Parker, he'd, Rob Evershed, Frances McIntosh, McIntosh, haven't, dodecahedrons Organizations: Service, Norton Disney, Group, BBC, Lincoln Museum, English Heritage, Washington Post Locations: London, Hertfordshire, England, England's Midlands, British, Britain, Roman, Belgium, Croatia, France, Germany, Great Britain, Hungary, Luxemburg, Netherlands, Switzerland, Italy, Spain, Africa, Turkey
Among people diagnosed with Alzheimer’s, researchers recognize familial forms of the disease and sporadic cases. This shifting appreciation of inherited risk, researchers say, is due to a better understanding of the role of a fourth gene that carries the blueprints to make a lipid-carrying protein called apolipoprotein E, known as APOE. One known as APOE2 is thought to be protective against the development of Alzheimer’s disease. They also compared people with two copies of APOE4 to people with other inherited forms of the disease — early-onset autosomal dominant Alzheimer’s disease (ADAD) and Down syndrome-associated Alzheimer’s disease (DSAD). Gene testing isn’t currently recommendedIt is also likely to change how people who carry the APOE4 gene are diagnosed and treated.
Persons: APOE4, , Dr, Juan Fortea, Sant, Fortea, Charles Bernick, Bernick, Alzheimer’s wasn’t, isn’t, they’re, ” Fortea, Sanjay Gupta, Reisa Sperling, , ” Sperling, ” Dr, Sterling Johnson, Johnson Organizations: CNN, Nature, National Alzheimer’s Coordinating, Neurology, Hospital de, Cleveland Clinic Lou, Brain Health, CNN Health, Alzheimer’s Research, Brigham, Women’s, Alzheimer’s, University of Wisconsin Locations: Alzheimer’s, Spain, United States, Santa, Barcelona, Wisconsin
CNN —Palestinian civilians told to evacuate eastern Rafah by the Israeli military have described their fear and despair at being uprooted from their homes and shelters, as Israel airstrikes hit Gaza’s southernmost city. “We left because they distributed leaflets,” Mohammed Ghanem, a resident in eastern Rafah told a CNN stringer in the area on Monday. They are killing women and children.”Another woman from eastern Rafah said, “The Israelis sent us messages ordering us to leave. It is not only my feeling, it is everyone’s feeling.”Many of those leaving eastern Rafah have been previously displaced multiple times as Israel’s focus moved from city to city. A woman called Maha said Palestinian civilians were at the mercy of the Israeli military.
Persons: ” Mohammed Ghanem, , , Ghanem, Khan Younis, Ramadan Abed, Volker Türk, Faisal Barbakh, Malek, Yousef, , Mohammad Abu Khamash, It’s, ” Scott Anderson, Jan Egeland, Ahmad Safi, Safi, Abu Salah, Maha Organizations: CNN, Reuters, United Nations, Norwegian Refugee Council, Israel Defense Forces, Frontieres, ” MSF, UN Children’s Fund, UNICEF, UN, Palestinian Civil Defense Locations: Rafah, Israel, , Mawasi, Gazan, Rafah’s, Gaza, , Israeli, Palestinian
Rihanna, 36, who swung from pop stardom into a prosperous second act as a lingerie and makeup mogul, told Extra TV earlier in the week that she had planned on attending the gala. The gala still attracted boldface names this year, including Zendaya and Jennifer Lopez, but many fans online said that the lack of Rihanna had been a blow. (Some even circulated images of the singer hitting the carpet that appeared to have been created by artificial intelligence.) Rihanna has been a frequent presence at the gala in recent years, but Taylor Swift and Beyoncé have not attended since 2016. Swift began attending the gala in 2008 and was a co-chair in 2016.
Persons: Rihanna, Jennifer Lopez, Taylor Swift, Swift, Organizations: Poets Department Locations: Paris
Olive oil may lower risk of dementia-related death
  + stars: | 2024-05-06 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +5 min
CNN —A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists. Olive oil can be a healthy, tasty addition to foods such as sandwiches and salads. Replacing 5 grams — around 1.2 teaspoons — of margarine or mayonnaise consumed daily with olive oil was associated with an 8% to 14% lower risk of death from dementia. “It is also possible that olive oil has an indirect effect on brain health by benefiting cardiovascular health,” she added. Besides cooking with olive oil, you can also use it to make salad dressings or vinaigrettes, mayonnaise, pesto or bread dip.
Persons: Anne, Julie Tessier, Harvard University’s T.H, , Duane Mellor, ” Mellor, Tessier, , David Curtis, Mellor, Curtis, Olive, it’s Organizations: CNN, Harvard, JAMA, American Society, Harvard University’s, of Public Health, Nurses, Health, Aston Medical School, Aston University, University College London Locations: Chan, North America, United Kingdom
People have wanted to reconnect with deceased loved ones for centuries, whether they’ve visited mediums and spiritualists or leaned on services that preserve their memory. In September 2023, it introduced ChatGPT voice, where users can ask the chatbot prompts without typing. HereAfter AI, founded in 2019, allows users to create avatars of deceased loved ones. “Remembering is very important; it reflects the human condition and importance of deceased loved ones.”But she noted the relationship we have with our closest loved ones is built on authenticity. Creating an AI version of that person could for many “feel like a violation of that.”Bill Abney said he feels uneasy about communicating with his late fiancée through AI platforms.
Persons: Ana Schultz, Kyle, , Schultz, , Schutz, they’ve, ” Ana Schultz, ElevenLabs, Joe Biden, Biden, ChatGPT, OpenAI, Danielle Jacobson, she’s, Phil, Cole, ” Jacobson, “ Cole, Replika, Rohit Prasad, Val Kilmer, It’s, Mary, Frances O’Connor, , ’ ”, Bill Abney, Kari, ” Abney, “ I’m, Jodi Spiegel, Sims Organizations: CNN, Davidson College, Tech, Alexa, MARS, Amazon, University of Arizona Locations: Rock Falls , Illinois, Alabama, Johannesburg, South Africa, , San Francisco, Newfoundland, Canada
Looking back, I think being a single mom was hard. However, I think today's solo parents have a more difficult time due to the pressures of social media. We adopted our boys in 2012 and 2013, and there was a Facebook mom group for everything. I sometimes wonder how my experience parenting my daughter in the 90s would have been made better or worse by the presence of social media. My experience with Facebook mom groups has taught me that they're mostly a place of judgment and one-upmanship.
Persons: I'm, else's, I've, Amelia Bedelia Organizations: Technology Locations: what's
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