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Dollar firm as euro wallows; yuan brushes aside China data
  + stars: | 2024-06-17 | by ( ) www.cnbc.com   time to read: +4 min
The dollar was firm on Monday as the euro hovered near a more than one-month low amid continued concerns about the political outlook in Europe. The yuan held close to a multi-month low after China released a slew of economic data that pointed to an uneven recovery in the world's second-largest economy. A Reuters poll published last week showed 63 of 65 economists thought a first cut would not come until Aug. 1. Elsewhere, the yuan was mostly flat at 7.2550 per dollar after domestic data showed a mixed economic picture in China. China's central bank left a key policy rate unchanged as expected on Monday as the weak yuan continued to hamper policy easing.
Persons: Emmanuel Macron's, Matt Simpson, Neel Kashkari, Index's Simpson, Sterling, Kazuo Ueda, bitcoin Organizations: U.S, Gazprom, European Central Bank, Reuters, Index, . Minneapolis Federal, Bank of England, Bank of Japan Locations: Poland, Bulgaria, Europe, China, U.S
I started by making the batter I'd use for all three methods. I went with a simple Betty Crocker brownie mix. Meredith SchneiderTo keep the variables consistent, I used the same brownie batter for all three batches. Since I'm not as precise a baker as I'd like to be, I turned to a boxed mix for this experiment. The basic brownie recipe ended up being a box of Betty Crocker mix, two eggs, ½ cup of vegetable oil, and 2 tablespoons of water.
Persons: Betty Crocker, Meredith Schneider, I'm
I tried giant cookies at two bakeries in Disney Springs to see which one had the best treats. Gideon's Bakehouse and The Cookie Bar have similar prices, but wait times at Gideon's were longer. Ever since Gideon's Bakehouse opened at Disney Springs in 2021, I've heard nothing but good things about its massive, ½-pound cookies. Recently, I started hearing buzz about a new cookie destination at Disney Springs: The Cookie Bar at Summer House on the Lake. The sit-down restaurant opened its Disney Springs location in 2023, and with it came the chain's cookie-filled bakery.
Persons: Gideon's Bakehouse, , I've, I'm, Bakehouse Organizations: Service, Disney, Disney Springs, Business Locations: Disney Springs, Gideon's
Business Insider has spoken to financially independent real estate investors and early retirees who have used IRS rules to improve their financial situation. AdvertisementThough there are a lot of restrictions, it made sense for Cooper, who was fully committed to early retirement. "The longer it's sitting in there, the more money it's going to generate, the more taxes you're going to pay down the road. Zeona McIntyre uses 1031 exchanges to sidestep capital-gains taxes indefinitelyBoulder-based real estate investor and author of "30-Day Stay," Zeona McIntyre. There are ways to reduce your capital-gains tax liability, like deducting your property's depreciation.
Persons: , Mindy, Carl Jensen, Carl, Mindy Jensen, Mindy Jensen Colorado, they've, Eric Cooper, Eric Cooper Eric Cooper, Cooper, Zeona McIntyre, Zeona McIntyre Zeona McIntyre, you'll, McIntyre, There's Organizations: Service, Business, IRS, Independence Locations: Colorado, I'm, Boulder
The software company NICE launched Enlighten AI to improve customer service and clients' efficiency. Eilam said Enlighten AI "dramatically improves" productivity and efficiency for customer-experience teams by automating many labor-intensive tasks, such as note-taking during customer-service calls. Enlighten Autopilot, one of the products within NICE's Enlighten AI for CX repository, enhances self-service with an AI-powered virtual assistant. Many existing customers are adding Enlighten AI to their portfolios, and NICE is attracting new customers with its AI capabilities. The organization implemented Enlighten AI to monitor 100% of its customer interactions and gather insights about the behaviors influencing customer sentiment.
Persons: , We've, Barak Eilam, Eilam, Copilot, What's Organizations: NICE, Service, Neptune Intelligence Computer Engineering, Business, Republic Services, Open Network Exchange, ONE, BI Locations: Hoboken , New Jersey
Read previewThree years ago, Devlin Donaldson didn't know diabetes remission was possible. "My understanding was diabetes was something you lived with for your whole life," he told Business Insider. This story is available exclusively to Business Insider subscribers. AdvertisementThe Twin app gives feedback about how your blood sugar changes after a meal. Almond flour is also a great choice for people with diabetes: because of its low glycemic index, it won't spike blood sugar.
Persons: , Devlin Donaldson, He'd, wasn't, Donaldson, He's, he's, It's Organizations: Service, Business
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn his early 20s, one of Eric Cooper's first bosses gave him some sound money advice: Contribute as much as you can to your 401(k). AdvertisementCooper maxed out his 401(k) for more than two decades and accumulated enough to retire in his late 40s. While there are a lot of restrictions, it made sense for Cooper, who was fully committed to early retirement. At some point, we're going to have to start spending that money, and the IRS is going to start taxing it," he said.
Persons: , Eric Cooper's, maxed, Cooper, maxing, I'm, Cooper maxed, Eric Cooper Organizations: Service, Business, Independence, IRS Locations: Louisville, I'm
Courtesy of Eric CooperThe idea of early retirement didn't start to percolate until 2019. "That's when I found the Mr. Money Mustache website and this article that explained the simple math behind early retirement and the 4% rule." According to the 4% rule, which helps retirees determine how much they can spend without running out of money, Cooper had a big enough portfolio to stop working. Using Rule 72(t) to access his retirement money without penaltyWhen you contribute to retirement accounts like a 401(k) and IRA, you can start taking penalty-free withdrawals after age 59½. He rolled over $300,000 because that's about how much money he'll need for a $20,000 annual distribution each year until he's 59 ½.
Persons: Eric Cooper, Cooper, I'd, Cooper's, didn't, I've, It's, you've, That's Organizations: Business, Google, IRS Locations: percolate, Louisville
I traveled 12 ½ hours from Dhaka to the northernmost border district of Panchagarh in Bangladesh. hours from Dhaka to the northernmost border district of Panchagarh in Bangladesh. AdvertisementAsia is home to some of the fastest trains in the world — but train travel is all about the journey for me. In March, I took the longest train route in Bangladesh. The whole trip is nearly 400 miles long — stretching from the bustling capital of Dhaka to the northernmost district of Panchagarh.
Persons: Organizations: Service Locations: Dhaka, Panchagarh, Bangladesh, Asia
4 ingredients to level up your pasta recipes
  + stars: | 2024-05-03 | by ( Karla Walsh | ) edition.cnn.com   time to read: +12 min
With “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People,” “I hope that people realize that there’s so much more than they can and should be putting on pasta,” Pashman said. Substitute 3 tablespoons prepackaged toasted rice powder for the 1 teaspoon oil and ¼ cup rice and skip step 1. In a large heatproof bowl, combine the shallots, ¼ cup cilantro, ¼ cup mint, scallions, chili flakes and sugar. Heat the remaining ¼ cup oil in the reserved skillet over high heat until just starting to smoke. Recipe adapted from “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People” by Dan Pashman.
Persons: Dan Pashman, , Pashman, , Harper Collins, ” Pashman, Alla, they’re, Pepe Chili Crisp, He’s, e pepe, Gan Ma, Jing, Dan Liberti, Caesar, Skip, James Park, Chili Crisp, Dan Liberti Dan Pashman’s Larb, browning, Karla Walsh, William Morrow Organizations: CNN, , Saucy, Ritz Crackers, Ritz, Sporkful, HarperCollins Publishers Locations: Italy, African, America, Thai, Des Moines , Iowa
The April celebration Vaisakhi is a time when Sikhs gather for community worship, meals, and parades. Here I was in America about a century later trying to honor the community he helped build and, by extension, the Sikh faith. Anumeha Sinha for BINow in my late 20s, it's been 11 years since I've lived in a close-knit Sikh community. To feel closer to her community, Kaur said she's now making a personal effort to honor traditions she learned when she was younger. But outside the Sikh community — and increasingly after 9/11, like Singh mentioned — I saw people misunderstand our symbols of faith.
Persons: , Vaisakhi, Anumeha Sinha, Guru Nanak, Guru Gobind Singh, Singh, Kaur, it's, I've, Harmeet Kaur, Harman Singh, Harmeet, hadn't, Sahib, she's, Kaur's, nishaan sahib, I'm, It's Organizations: Service, New, BI, Khalsa, ., BI Kaur, New York, Darbar Locations: New York City, Richmond Hill, Queens, Punjab, South Asia, Bangkok, America, . Orange, Brooklyn, Kentucky, Pikeville, Lexington , Kentucky, Atlanta and New York, New, Detroit, India, Windsor , Ontario, Bangkok , New York
Floral tributes, portraits of late Russian opposition leader Alexei Navalny and messages are seen left outside the former Russian Embassy in Tbilisi on March 1, 2024. U.S. intelligence agencies have concluded that Russian President Vladimir Putin probably didn't directly order the killing of Alexei Navalny at a remote penal colony in February, according to three sources familiar with the matter. As Russia's most high-profile and popular dissident, Navalny's death dealt a severe blow to the country's opposition movement, which has been brutally suppressed by the Kremlin. Before Navalny's death, there had been tentative discussions about a possible prisoner exchange with Russia involving Navalny and Americans detained in Russia, NBC News previously reported. Navalny's allies allege that Putin had the dissident killed to thwart the proposed prisoner swap that would have freed him.
Persons: Alexei Navalny, Vladimir Putin, Putin, Navalny, Joe Biden, Sergei Skripal, Navalny's Organizations: Russian Embassy, Kremlin, Washington, Russia's Federal, Service, CIA, National Intelligence, NBC Locations: Tbilisi, Russia's, Russia, Russian, United Kingdom, Western
With opulent graves but no written records, the empire and its people have remained largely in the shadows of history until recently. But a landmark April 2022 study involving ancient DNA taken from the graves of the Avar elite shed light on the empire’s far-flung origins. A tiny sample is drilled from a bone at the ancient DNA laboratory at the Max Planck Institute for Evolutionary Anthropology in Leipzig, Germany. In the case of men, researchers found two partners in 10 cases, three partners in four cases and four partners in one case. “Polygamy (having multiple marriage partners), serial monogamous marriages and extramarital relations are all possible explanations,” she said.
Persons: , Zsófia Rácz, Rácz, aren’t, Guido Alberto Gnecchi, Max Planck, Eötvös Loránd University Múzeum Lara Cassidy, , polygyny, Ruscone, Cassidy, Bryan Miller, wasn’t Organizations: CNN, of Archaeological Sciences, Eötvös Loránd, Múzeum, University’s, Archaeological Sciences, Max, Max Planck Institute, Eötvös Loránd University, Trinity College Dublin, Turks, Central, University of Michigan Locations: Central, Eastern Europe, Hungary, Rákóczifalva, Budapest, Leipzig, Germany, Europe, Mongolia, Caucasus, what’s, Constantinople, Byzantine, Eurasia
Depending on your tax bracket at the time of withdrawal, your 401(k) money could be taxed at around 20% or 30%. Note that if you have a Roth 401(k), which is funded with after-tax dollars, you won't be taxed when withdrawing. The longer you can wait to touch your 401(k) money, the longer you'll delay owing taxes. Finally, there's the "non-taxable portion," he said, which would be money in accounts like a Roth 401(k), Roth IRA, and HSA. Or do they have a Roth IRA that they can take it from tax-free to benefit them?"
Persons: , Grant Neiland, there's, you'd, Roth, Neiland, you've Organizations: Service, Business, Carson Wealth, IRS, Roth IRA
However, with broader market indicators showing signs of weakness, UNH is starting to reveal cracks — and the once-strong rally appears to be losing steam. The trade setup The trade structure I am using here is called a "bear put spread." Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you. Since the width of our spread is $495– $490 = $5, I can buy the spread for $2.50. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: UnitedHealth, UNH, ADX, Nishant Pant Organizations: Change, ½
Passover dessert recipes
  + stars: | 2024-04-22 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +8 min
“We always were the family who invited everyone and anyone to our Passover Seder.”Siva became a vegetarian at age 12 and now creates many plant-based recipes. Here’s how to make all three recipes for your loved ones this Passover or anytime. Preheat oven to 400 degrees Fahrenheit, then use aluminum foil and/or parchment paper to line a large rimmed baking sheet. Meanwhile, preheat oven to 350 F. Line a large rimmed baking sheet with parchment paper. In a medium bowl, mix the sugar, flour, cocoa powder, baking powder and sea salt.
Persons: Micah Siva, , Siva, , it’s, ” Siva, Hannah Lozano, Siva doesn’t, Cook, brownie Organizations: CNN, pecans Locations: Calgary , Alberta, Northern California, Bronx
For Uber and Lyft drivers, time is money, so widely accessible charging is key to the EV switch. A study by the US Department of Energy found that 1,000 fast chargers were needed for every 20,000 EV drivers on the road. A mad dash for EV licensesThe transition is getting an early test this year now that thousands more ride-hailing drivers have licenses. AdvertisementIn October, the Taxi & Limousine Commission opened applications for this gig work for the first time in five years — but for EV drivers only. In exchange, Uber drivers will get up to a 25% discount when they charge.
Persons: Manhattan, Tesla, Eric Adams, Bobby Familiar, Revel, Michael Replogle, David Do, Aeraj Qazi, Qazi, Guillermo Fondeur, Uber, he's, Fondeur, Adams, EVs, Con Edison, Flo, Replogle, it's, Josh Gold, Uber's, that's, Do, we've, Juliana Kaplan Organizations: EV, US Department of Energy, Business, NYC's Department of Transportation, Chargers, Taxi, Limousine Commission, TLC, New York Taxi Workers Alliance, Rentals, Department of Transportation, DOT, LaGuardia Airport, Tesla, Gravity, Green, Initiative Locations: New York City, Queens, NYC, Canadian, Canada, EVs, Manhattan, America
I travel between Canada and the US often, and I recently took a route that used a car ferry. With two passengers and a car, the trip cost about $150, and it took about five and a half hours. I don't necessarily think having your car adds to the trip, so I'd take a passenger boat next time. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRecently, a friend and I took the car ferry from Victoria to Vancouver in order to get to Seattle.
Persons: Organizations: Service Locations: Canada, Victoria, British Columbia, Washington, Seattle, Vancouver
Alphotographic/Getty ImagesCharcoal chimney starters are the preferred way to start a charcoal grill for most people. To start a charcoal grill using a chimney starter:1. This will take a bit longer than it would with a charcoal chimney but the charcoal should all ignite within about 15 minutes. AdvertisementHow to start a charcoal grill with lighter fluidAccording to the experts, this is the least recommended of the three charcoal grill starting methods. AdvertisementInsider's takeawayThough it may seem intimidating, lighting a charcoal grill is simple.
Persons: , Matt Groark, Liam, Myles Snider, Mother, You'll, Snider, Groark, we've, Joe, Marianne Ayala Organizations: Service, Groark, Walmart
Read previewWhen Taylor Swift first announced her Eras Tour, I laughed when I heard colleagues had cleared their work schedules to buy tickets. And once The Eras Tour started, it became clear that it was the concert of the century. AdvertisementFortunately, five cousins chipped in to buy my daughter tickets for her birthday. I've wanted to go for years, and snagging Swift tickets would allow me to finally make the trip. I scored three VIP floor seats for the first night of Swift's Eras Tour in Warsaw for less than $1,000.
Persons: , Taylor Swift, Swiftie Taylor Swift, Christopher Polk, Swift, I've, snagging Swift, It's, Jamie Davis Smith Organizations: Service, Business, Country Music Hall of Fame, Ticketmaster Locations: Nashville, Poland, Warsaw, Paris
Editor’s note: Follow along with CNN’s live updates of the total solar eclipse. Special eclipse momentsWhile totality is considered to be the most exciting part of a total solar eclipse, there are other special phases to watch for before the big moment arrives. Amateur astronomers prepare to watch a total solar eclipse in Mazatlan, Mexico, on Monday. After the total solar eclipse ends, it’s a bit of a wait for the next such celestial sightings in the United States. Those living in Alaska will catch a glimpse of a total solar eclipse on March 30, 2033, and a partial solar eclipse will shine over most of the US during that event.
Persons: Ron Jenkins, Karen Siegel, ” Siegel, Michael Zeiler, Heinz, Peter Bader, Pons, Brooks, Fernando Llano, it’s, Don’t Organizations: CNN, NASA, Indianapolis, GPS, Reuters, JPL, Caltech, Amateur Locations: United States, North America, Texas, Maine, Kerrville , Texas, Cleveland, Newfoundland, Canada, Mazatlan, Coast, Fort Worth , Texas, Texas , Oklahoma , Arkansas , Missouri , Illinois , Kentucky , Indiana , Ohio, Pennsylvania, New York , Vermont , New Hampshire, Vermont, Missouri, Indiana, Lincoln , New Hampshire, Newton , Massachusetts, Barton , Vermont, Mexico, Alaska, North Dakota, Montana, California , Nevada , Utah , Colorado , Kansas , Oklahoma , Arkansas , Mississippi, Alabama, Florida
Read previewBYD and Tesla both posted anemic first-quarter sales this week, serving up a reminder that demand for electric cars appears to be stalling around the world. China, the world's largest EV market, hasn't been immune to the slowdown. Goldstein said that's a sign he knows Tesla can't win the price war and remain profitable. Bloomberg reported that it recently reduced production to five days a week from 6 ½ days, in a sign of waning demand for its cars in China. AdvertisementIf China joins the US in loving EVs a little less, both Tesla and BYD could be in for a difficult 2024.
Persons: , Tesla, anemic, hasn't, Seth Goldstein, Morningstar, Elon Musk, Goldstein, that's, BYD Organizations: Service, Car Association, Bloomberg, Business, Tesla, China, Alliance Locations: China, Tesla's, Shanghai
Money gave me the freedom to leave a toxic job, travel to Europe, and launch my career as a financial advisor. When I set out to save $100,000, I was 22, living in Seattle in 2016 and making $55,000 at my first corporate job. Saving $100,000 was a combination of privilege and hard work. I felt confident I could launch a successful financial education platform and take my financial education business, "Her First $100k," full-time. I wouldn't have hit my $100,000 goal as quickly if I hadn't routinely invested in these accounts.
Persons: Tori Dunlap, Roth, there's Organizations: Service, Business Locations: Seattle, Europe, Costa Rica
NASA will launch sounding rockets and WB-57 high-altitude planes to conduct research on aspects of the sun and Earth that‘s only possible during an eclipse. During the 2017 eclipse that crossed the US, NASA and other space agencies conducted observations using 11 different spacecraft and two high-altitude planes. Three sounding rockets will launch from NASA's Wallops Flight Facility on April 8 to study the eclipse. During the 2023 annular eclipse, instruments on the rockets measured sharp, immediate changes in the ionosphere. The jets have custom noses that can carry specialized scientific instruments.
Persons: Bill Stafford, Albert Einstein’s, Einstein, Sir Arthur Eddington, Allison Stancil, Barjatya, ” Barjatya, Peter Layshock, Amir Caspi, Layshock, ” Caspi Organizations: CNN, NASA, International Space, Embry, Riddle Aeronautical University, WB, NASA Airborne Science, Johnson Space Center, Southwest Research Locations: Mexico, United States, Canada, Brazil, West Africa, Virginia, Daytona Beach , Florida, Houston, Boulder , Colorado
Lorraine Graves, a ballerina known for her willowy frame and majestic grace who starred as a principal dancer for the groundbreaking Dance Theater of Harlem for nearly two decades, died on March 21 in Norfolk, Va. She was 66. Her nephew Jason Graves said the cause of her death, in a hospital, was yet to be determined. For a female dancer, “five foot four, five foot six is considered tall,” Virginia Johnson, a former principal dancer and artistic director for the Dance Theater of Harlem, said in an interview. “Because once you get on pointe, you’re adding another six inches to your height, and so having a partner who’s tall enough to partner you is an issue.”Fortunately, the company had plenty of tall male dancers. That allowed Ms. Graves an opportunity to leverage her unique physicality, which over the course of her career she showed off in performances around the world, including before world leaders like Mikhail Gorbachev and Nelson Mandela.
Persons: Lorraine Graves, Jason Graves, Graves, Virginia Johnson, , Mikhail Gorbachev, Nelson Mandela Organizations: of Harlem, Dance Theater of Harlem Locations: Norfolk, Va
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