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Persons: you'll, Roth, , I've, Schwab Organizations: Business Insider, Citi, Fidelity, Roth IRA, Fidelity Visa, Fidelity Cash Management, Elan Bank, Wells, Cash Locations: Sonoma County, New York
The so-called "Magnificent Seven" were among the hottest stocks last year, but one wealth manager says they are "wildly overvalued" and has his sights elsewhere. The Magnificent Seven comprises Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla , which continue to be in the spotlight thanks to the buzz around artificial intelligence. Other global stocks Global stocks Dennison is betting on include Fresenius Medical Care , a German health-care company, and Kazatomprom, a Kazakhstan-headquartered producer of uranium. "It is a top position in many pension portfolios and has become a value stock because of the strong Swiss Franc," he said. Value stocks are often cheaper than so-called growth stocks and typically trade at a lower price than what the company's performance indicates.
Persons: Tariq Dennison, Dennison, he's, Russell, Chow, Fook, Tencent, Goldman Sachs, Kazatomprom Organizations: GFM Asset Management, CNBC Pro, Apple, Microsoft, Nvidia, Tesla, Nasdaq, Value, Avantis U.S, Abercrombie, Fitch, Cadence Bank, Commercial Metals, KB, Jackson Financial, Warrior, MTR Corp, Global, Dennison, Fresenius, London Stock Exchanges, U.S, Nestle, Six Swiss Exchange Locations: U.S, China, Hong Kong, Kazakhstan, Swiss
Typically if one bank account owner dies, the surviving owner gets sole control of the account. IntroductionOpening a joint bank account is different from opening up an individual bank account. Both owners have full access to a bank account, and joint bank account rules also dictate specific actions if one owner dies. Rights of survivorshipWhen you're opening up a new bank account, you'll receive a bank account agreement that lists the bank's conditions and rules. A joint bank account beneficiary can't set up direct deposits, make withdrawals, or view your bank account when you're alive.
Persons: you'll, Sophia Bera Daigle, , Bera Daigle, Bera Daigle doesn't, there's Organizations: Gen, Insurance
After all, I knew perfectly well what I'd signed up for: learning Portuguese from the biggest asshole on the App Store. It might be an overstatement to call tough love the secret sauce for engaging Gen Z customers. It followed that in 2023 with a send-up of personal-injury-attorney TV ads: "Lawyer Fights Duolingo Owl for $2,700,000." Despite the research, Duolingo insists its guilt-tripping notifications do the trick of enticing people to drop whatever they're doing to log on to the app. When Duolingo's head of product, Cem Kansu, posted a thread in 2020 about the success of "the passive aggressive reminder," several unhappy Duolingo users chimed in.
Persons: I'd, Locations: Lisbon
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Persons: Atwell, IHG, Cash, you'll, It's, You'll, Cardholders, you’re, Bilt, Experian, TransUnion ™, Equifax, Chase, Uber, Smith, IHG cardholders, we've, They'll, cardholders, There's, haven't Organizations: Business, InterContinental Hotels Group, Read, IHG Rewards, Intercontinental Hotels Group, Intercontinental Hotels, InterContinental Hotels, Resorts, Regent, Crowne, InterContinental, Resorts Kimpton, United, Hotels, InterContinental ®, Crowne Plaza, FDIC, TSA, United Travel Bank, Card, Business Credit, Business Credit Card, Chase Travel, Chase, Sapphire, Hotel, Mastercard, Alliance, Chase Sapphire Reserve, InterContinental Alliance Resorts, Macao, Parisian Macao, Hertz, Diamond Elite, Apple, Services, Rewards, Club, Club Member, Gold, Silver Elites, Elites, Elite, Diamond Elites, InterContinental Ambassador, IHG, American Airlines, Alaska Airlines, Delta, JetBlue, United Airlines, Cross, Goodwill, CARE, International Federation of Red, Red Crescent Societies, Diamond, Bilt Locations: Vegas, Venetian Macao, Parisian, OpenTable, Grubhub, Chevron
Read previewAfter weeks of calls to replace President Joe Biden as the 2024 Democratic nominee, Biden officially dropped out of the race on Sunday. Despite his desire to seek reelection, Biden stepped down after reports of memory struggles and some Democratic leaders withdrawing their support. While Biden's career trajectory may not be relatable, the pain that can come with retiring is. "Biden spent his entire career and most of his life engaged in this work," Trujillo said. To help her clients figure out their next steps after big life events like retirement, Trujillo said she emphasizes looking at gains and losses.
Persons: , Joe Biden, Biden, Van Jones, " Jones, Natasha P, Trujillo, they're, Angela Williams, LCSW, Bettmann, Williams Organizations: Service, Democratic, Business, CNN
In today's big story, President Joe Biden ended his reelection bid . The president ended his reelection campaign on Sunday, the culmination of mounting pressure from his party after a disastrous debate last month. Meanwhile, former President Donald Trump said in a post on Truth Social that "Crooked Joe Biden was not fit to run for President." Biden's reelection campaign has quickly pivoted to serve Harris, making it an uphill battle for any Democrat looking to challenge her , writes Business Insider's Brent D. Griffiths. Many have made comparisons to the 1968 Democratic convention , which was a contested convention after President Lyndon B. Johnson ended his reelection campaign earlier that year.
Persons: , Joe Biden, Biden, Alyssa Powell, BI Joe Biden, Elon Musk, Reid Hoffman, Donald Trump, Kamala Harris, Harris, Jared Siskin, Biden's, Insider's Brent D, Griffiths, Hillary Clinton, BI's Bryan Metzger, Lyndon B, Johnson, Hubert Humphrey, Humphrey, Richard Nixon, Brent, Here's, Sieg, Merrill Lynch, Abanti Chowdhury, Andy Sieg, Warren Buffett's, Buffett, Paul Chinn, Andrew Caballero Reynolds, Marc Andreessen, he'd, Andreessen, Trump, BI's Adam Rogers, OpenAI, Sam Altman's, slowdowns, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, BI, Democratic, Madison, Park Conservancy, Citi Wealth, BI Citi Wealth, Bank of Montreal, Buffett Locations: Park, Plenty, Washington, Chicago, Southern, New York, London
A few weeks ago, my adult son called to say, "Getting arrested was the best thing that ever happened to me!" In 2014, the night before a college sporting scholarship meeting, I learned my son was arrested for possession of marijuana. Thankfully, he could finish his probation in Florida, where he moved in with his father's family and completed electrician trade school. While he barely attended high school and had a very low GPA, he was a straight-A student in trade school. When he returned to Des Moines after trade school, he continued his sales journey at Best Buy.
Persons: Johnathan, who's Organizations: Service, Business Locations: Florida, Des Moines, California
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThis as-told-to essay is based on a conversation with Geneviève Laforce, a 24-year-old content creator from Montreal, whose partner grew up wealthy. We've learned that managing a relationship with someone who grew up so differently requires constant compassion and open communication. I've been able to broaden her worldview and provoke a deeper sense of compassion for those who are struggling. If money complicates your relationship and you want to tell your story, please email Tess Martinelli at tmartinelli@businessinsider.com.
Persons: , Geneviève Laforce, It's, We've, isn't, I've, she's, They've, Tess Martinelli Organizations: Service, Business Locations: Montreal, tmartinelli@businessinsider.com
The official said that the Secret Service had even tried to deny a request from Trump's team to install metal detectors at his son Barron Trump's high school graduation in May, which the former president attended with his wife, Melania. The official told The Times that the Secret Service had argued that the graduation was not a "political" event before eventually caving in. Secret Service spokesperson Anthony Guglielmi previously said that "there's an untrue assertion that a member of the former president's team requested additional resources and that those were rebuffed." Crooks was killed by a Secret Service sniper. Kimberly Cheatle, the director of the Secret Service, is set to testify before Congress on Monday.
Persons: , Barron Trump's, Anthony Guglielmi, Guglielmi, Butler, Thomas Matthew Crooks, Crooks, Tim McCarthy, Ronald Reagan, Mike Johnson, Kimberly Cheatle, Trump Organizations: Service, New York Times, Trump, Business, Times, Secret, The Times, Secret Service, WGN, Department of Homeland Security Locations: New York City, Butler , Pennsylvania, Bethel Park , PA, Chicago
U.S. President Joe Biden looks on at the 115th NAACP National Convention in Las Vegas, Nevada, U.S., July 16, 2024. Republican lawmakers are calling on President Joe Biden to resign after he announced Sunday that he will no longer seek reelection. "If Joe Biden is not fit to run for President, he is not fit to serve as President," Speaker of the House Mike Johnson said in a post on X after Biden announced his decision. Republicans' calls for Biden to resign began even before the president announced he would no longer seek reelection. "If Joe Biden ends his reelection campaign, how can he justify remaining President?," Sen. JD Vance, Trump's running mate, said on X Sunday morning.
Persons: Joe Biden, Mike Johnson, Biden, Elise Stefanik, Donald Trump's, Kamala Harris, Harris, Kevin O'Connor, O'Connor, Sen, JD Vance, Trump's, Trump, Mitch McConnell, Steve Scalise Organizations: 115th NAACP National, House Republican, National Republican Senatorial Committee, White House, Democratic Locations: Las Vegas , Nevada, U.S, America, Delaware
At least, that's what real estate developer Rob Lauer envisions with his plans to build a spaceport near Las Vegas. Lauer, a former US Army military police officer, is the CEO of Las Vegas Spaceport. The spaceport would offer educational programs for potential flyers and a STEM programA rendering of a STEM academy by Las Vegas Spaceport. As smaller companies like Las Vegas Spaceport look to enter the industry, some travelers are already excited to take flight. Las Vegas Spaceport scored a win in May when the Clark County Commission "unanimously" approved construction permits for an airstrip, according to the Las Vegas Review-Journal.
Persons: , Rob Lauer, Lauer, George Rose, New Shephard, Jeff Bezos, Richard Branson's Virgin, it's Organizations: Service, US Army, Las, Business, Las Vegas, Billboard, Boca, FAA, Las Vegas Convention, Visitors Authority, SpaceX, Elon Musk's astronautics, Richard Branson's Virgin Galactic, Pew Research Center, Las Vegas Executive, Vegas, Clark Locations: Nevada, Las Vegas, Las, United States, Boca Chica, New, Clark, Nye County, Southern Nevada
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. It is sometimes difficult to protect him (and ourselves) from ignorant attitudes about his condition, especially when we travel. A recent trip to San Juan, Puerto Rico, perfectly illustrates how we've learned to amplify the joys and mitigate the challenges of traveling with a neurodivergent child. My second child responded how a neurotypical child naturally would. One thing's for sure: traveling with my neurodivergent kid is never a dull moment.
Persons: , Oscar, we've, Casey Erlich, we're, doesn't, I've, Molly Organizations: Service, Business Locations: San Juan , Puerto Rico, San Juan, Manhattan, Sri Lanka
In 2007, The Guardian reported that Iran ranked second only to Thailand in the number of gender-affirming surgeries performed. Related stories"They told me I had two options," she told BI. Molkara, who died in 2012, was instrumental in securing the fatwa that legalized gender-affirming surgeries in Iran. Related stories"The questions were so graphic that my mom, at some point, left the room," she told BI. Homosexuality as a sinJavad Sadidi, a Mashhad surgeon who specializes in gender-affirming surgeries, told BI that the process takes a minimum of two years.
Persons: Varamini, He'd, Becca Kia, I'm, Ajoudani, she's, Vahid, Ruhollah Khomeini, Khomeini's, Maryam Khatoon Molkara, Molkara, Khomeini, Kaveh Kazemi, Legal Medicine Organization —, Pooya, Eugene Gologursky, it's, Sadidi, Mahmoud Ahmadinejad, SPENCER PLATT, Elina, Shadi Sadr, who's, Soheil, he's Organizations: Business, Guardian, Eleos, Islamic Revolutionary Guard Corps, Revolutionary Guard Corps, State Welfare Organization of, Australia's Department of Foreign Affairs, Trade, Legal Medicine Organization, BI, Columbia University, Justice, Tristar Media, United, Lancet, Global Surgery, State Welfare Organization of Iran, Mahtaa Institute Locations: Tehran, Shayan, Iran, Thailand, Tehran's, Islamic Republic, Iraq, London, State Welfare Organization of Iran, Iranian American, Mashhad, Shadi, Iranian, Shadi Sadr, United Nations, Karaj, Canada
From the Macintosh computer to the iPhone, Apple's late co-founder Steve Jobs was widely considered an innovative visionary who helped revolutionize the way we use technology in our everyday lives. Now, a newly released clip from 1983 reveals Jobs may have been more ahead of his time than we knew. The Steve Jobs Archive's latest digital exhibit features never before seen video footage of a presentation given by the tech legend at the 1983 International Design Conference. In the clip, Jobs said that while he enjoyed reading books by Aristotle and Plato, he wished he could ask them questions. The machine would be able to generate responses to questions similar to how the real-life person may respond.
Persons: Steve Jobs, Jobs, Aristotle, Plato
Nahjae Olin won the NYC housing lottery in 2023 and signed a lease on a one-bedroom apartment in the Bronx. She and five of her siblings grew up in a one-bedroom apartment just one block away from the place she now calls home. Molly Stromoski for NYC Department of Housing Preservation & DevelopmentThe New York City housing lottery program helps residents find affordable housing, including rent-stabilized apartments. NYC Housing ConnectThe average ratio for HPD's housing lottery is 50 applications for each available unit. Before winning her housing lottery apartment, Nkenge lived in a small one-bedroom in Harlem.
Persons: Nahjae Olin, Olin, Molly Stromoski, Emily Osgood, Osgood, you've, It's, she'd, . Olin, I'm, Development Olin, you'll, Nkenge, Mickey Todiwala, That's, I've Organizations: CNBC, NYC Department of Housing Preservation, New, of Housing Preservation, Development, Yorkers, AMI, Housing, . Locations: Bronx, Bronx , New York City, New York City, New York, housingconnect.nyc.gov, Brooklyn, Williamsbridge, U.S, Harlem, Manhattan, Nkenge's
Read previewDonald Trump's former White House physician said the former president was injured by a bullet in the assassination attempt and that the projectile came close to entering his head. According to a statement posted on X by Ronny Jackson, a former White House physician and now a Texas congressman, a bullet came less than a "quarter of an inch" from entering Trump's head. "The bullet passed, coming less than a quarter of an inch from entering his head, and struck the top of his right ear," Jackson said in the statement. AdvertisementImages from photojournalists showed blood appearing to come from Trump's right ear. Jackson served as the White House physician for former President Barack Obama and the first half of the Trump administration.
Persons: , Donald Trump's, Ronny Jackson, Jackson, Thomas Matthew Crooks, Doug Mills, Trump, Sanjay Gupta, Barack Obama Organizations: Service, White, White House, Business, Trump, New York Times, Times, Morning News, Navy Locations: Texas, Trump's, Pennsylvania, Virginia, Florida
I knew my future parenting style would incorporate more authoritarian discipline, which has proven to be the best thing for my 5-year-old son and 8-year-old daughter. AdvertisementOur parenting style encourages emotional stability while equally enacting the consequences that help our children grow into better versions of themselves. AdvertisementWhat our parenting style looks like in actionI keep these values in mind during moments like yesterday. My husband and I had to enforce our authoritarian parenting style in the grocery store, even though we were rushing to get home. While I put the box back, my husband told him it wasn't on our list.
Persons: , Brady Bunch, didn't, he'd, pouted, they'll Organizations: Service, Business
One rare exception to this was the Tanker War that was a part of the larger Iran-Iraq War in the 1980s. "And that's why I compare that more so to World War II than, I'd say, even outpacing what was seen during the Tanker War." Specifically from the perspective of the almost non-stop air-defense engagements, the Red Sea fight has definitely been more intense than anything the US Navy has seen since World War II, including the Tanker War, he said. AdvertisementThe Second World War was much more intense given the fleets that were facing off. "Certainly, it's the most intense air-defense challenge we've encountered in a long time," Macy said of the Red Sea fight.
Persons: , Houthi, Mason, Dwight D, Cmdr, Justin Smith, Samantha Alaman, Carney, Smith, Eisenhower, Archer Macy, Mark Duncan, Macy, we've Organizations: Service, US Navy, Business, Eisenhower Carrier Strike Group, Navy, Tanker, AP, Center for Strategic, Studies ' Missile Defense, US Locations: Gulf of Aden, Korea, Vietnam, Iran, Iraq, Gulf, Aden, Persian Gulf, Tehran, Iraqi, Red, Persian, Salle, La Salle, Okinawa, Yemen
One rare exception to this was the Tanker War that was a part of the larger Iran-Iraq War in the 1980s. "And that's why I compare that more so to World War II than, I'd say, even outpacing what was seen during the Tanker War." Specifically from the perspective of the almost non-stop air-defense engagements, the Red Sea fight has definitely been more intense than anything the US Navy has seen since World War II, including the Tanker War, he said. AdvertisementThe Second World War was much more intense given the fleets that were facing off. "Certainly, it's the most intense air-defense challenge we've encountered in a long time," Macy said of the Red Sea fight.
Persons: , Houthi, Mason, Dwight D, Cmdr, Justin Smith, Samantha Alaman, Carney, Smith, Eisenhower, Archer Macy, Mark Duncan, Macy, we've Organizations: Service, US Navy, Business, Eisenhower Carrier Strike Group, Navy, Tanker, AP, Center for Strategic, Studies ' Missile Defense, US Locations: Gulf of Aden, Korea, Vietnam, Iran, Iraq, Gulf, Aden, Persian Gulf, Tehran, Iraqi, Red, Persian, Salle, La Salle, Okinawa, Yemen
Richard Branson's "most notable failure" taught him an important lesson: There's value in always seeing yourself as an underdog, the billionaire entrepreneur recently told TED's "Work Life with Adam Grant" podcast. He learned from one such experiment that "backfired horribly," he told Grant: Virgin Cola, a soda that Branson's Virgin Group launched in 1994. After some success in the U.K., the company decided to expand its presence to the U.S. and challenge Coca-Cola and Pepsi, Branson told NPR in 2017. Then, Virgin Cola began disappearing from store shelves, Branson told NPR. Virgin Cola quietly shuttered years later, when Branson realized the drink was only No.
Persons: Richard Branson's, TED's, Adam Grant, Grant, Branson, We've Organizations: Virgin Cola, Virgin Group, Pepsi, NPR, Virgin Cola's, Virgin, . Virgin Group, CNBC, University of Pennsylvania's Wharton School Locations: Virgin Cola's U.S, Coke, Bangladesh
Walmart shares have outperformed the market. Analysts remain overwhelmingly bullish on the stock with more than 80% of analysts rating shares a buy or overweight, according to FactSet. Target shares reflect the strain of the competition. And if Walmart continues to win over wealthier customers, that's more bad news for Target. On Tuesday, KeyBanc Capital Markets analyst Bradley Thomas reiterated that Walmart remains one of his top stock ideas.
Persons: Lindsay Rosner, Piper Sandler, Peter Keith, Keith, Daniel Kurnos, Kurnos, FactSet, Alexis Deladerriere, JLL, Christopher Horvers, JPMorgan's Horvers, Cowen, Oliver Chen, Chen, hasn't, Bradley Thomas, Thomas Organizations: Walmart, Target, Goldman Sachs Asset Management, Analysts, Keith, P Retail, Amazon, Microsoft, Apple, Adobe Analytics, Adobe, Amazon's, Costco, Amazon Prime, Sam's, Paramount, KeyBanc Capital Locations: Wednesday's
While a pay-for-delete letter can save your credit score, it's a less-than-ideal option that comes with several pitfalls. What to include in a pay-for-delete letterOnce you decide to write a pay-for-delete letter, it's easy to end up staring at that blank page, unsure where to start. Additionally, even if a debt collector follows through on the pay-for-delete letter, your debt may reappear on your credit report. Pay-for-delete letter frequently asked questionsWhat if my debt collector doesn't honor a pay-for-delete letter? What is the difference between a pay-for-delete letter and a goodwill adjustment letter?
Persons: it's, Tiffany Cross, Lamine Zarrad, Rick Eicheldinger, Zarrad, Eicheldinger, isn't, Will Organizations: Fair
Most US states observe equitable distribution, meaning all property acquired during the marriage is divided fairly at a judge's discretion. Nine US states observe community property law, where marital assets are split 50-50. Which states are community property states in a divorce? In community property states, marital assets — and debts incurred by either spouse during the marriage — are divided 50-50. A court may also deem marital assets "quasi-community property" if, at the time they were acquired, the couple lived in a non-community property state but later moved to and filed for divorce in a community property state.
Persons: , Skye Gould, it's Locations: America, Arizona , California , Idaho , Louisiana , Nevada , New Mexico , Texas, Washington, Wisconsin, Alaska
For decades, the National Guard has had some level of presence on the southwest border. The border mission is mostly static security and surveillance, but troops typically are not allowed to interact directly with migrants or suspected smugglers. It also has been contributing to retention issues that have plagued the Army National Guard. The move sparked numerous questions on the ethics and legality of privately funding National Guard operations — and came as Noem was boosting her national profile. The National Guard has frequently been caught in the middle between state politicians and federal officials.
Persons: , Daniel Hokanson, Military.com, Greg Abbott's, Chip Somodevilla, Hokanson, Herika Martinez, Christine Wormuth, JOSEPH PREZIOSO, Kristi Noem, megadonor Willis Johnson, Noem Organizations: Service, National Guard, Guard's, Business, Gov, Lone Star, Capitol Hill, US, Army National Guard, Army Guard, Guardsmen, Texas National Guard, AFP, Getty, Army, Guard, Massachusetts National Guard, South Dakota Republican Gov, Governors Locations: Mexico, Texas, Kuwait, Iraq, Afghanistan, Ukraine, Africa, AFP
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