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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Newquay is one of the United Kingdom's biggest seaside party destinations — and it's home to the annual Boardmasters, a massive multiday music festival. Related storiesI knew sobriety was necessary if I wanted to have a healthy life — but living in the center of a party town made getting sober even more of an uphill climb. AdvertisementMy willpower grew stronger every time I said 'no'It wasn't always easy to be sober in a party town. I started to take advantage of the seaside part of my seaside town.
Persons: , I'd, Marta Urbanska Organizations: Service, United, Business Locations: Newquay , Cornwall, Newquay, AzmanJaka
Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities. “We haven’t seen Memorial Day weekend travel numbers like these in almost 20 years,” Paula Twidale, senior vice president at AAA Travel, said in a release. Spending this summer will likely be a little softer than last year’s, they said, but still strong. The bank’s consumer travel survey showed that 72% of people said they’re planning to travel, with 36% saying they’ve already planned their trip. Even among respondents making less than $75,000 a year, more than 60% said they’re planning to travel this summer.
Persons: ” Paula Twidale, Royal Caribbean’s, ” David Tinsley, they’ve, Joelle, aren’t, Dogecoin, Shiba Inu “, Atsuko Sato, , Sato, ” Kabosu, Kabosu, Shiba, Loretta Mester, Neel Kashkari, Lisa Cook, Robin, John Williams, Raphael Bostic, Lorie Logan Organizations: CNN Business, Bell, Washington CNN —, Transportation Security Administration, AAA, AAA Travel, Bank of America Institute, Bank of America, Japan, Europe, New York Fed, Public Policy Research, Mizuho Financial, Federal, Global, Index, Board, HP, Dick’s Sporting Goods, Abercrombie, Fitch, Eagle Outfitters, Costco, Dell, Dollar, Hormel, US Commerce Department, US Labor Department, National Association of Realtors, China’s National Bureau of Statistics, Atlanta Fed Locations: Washington, Caribbean, South Korea, Switzerland, Colombia, Costa Rica, Canada, Mexico, Domestically , California, Florida, California, , Sakura, CAVA, Chewy, Burlington, Birkenstock, Nordstrom, Kohl’s
CNN —Former “General Hospital” actor Johnny Wactor was fatally shot in downtown Los Angeles while interrupting thieves Saturday, according to his agent and CNN affiliate KABC. Her son initially thought his car was being towed, and he approached the person to ask, Scarlett Wactor told KABC. The shooting occurred around 3:25 a.m. PT Saturday, Los Angeles Police Department Officer Tony Im told CNN. One of the suspects pulled out a gun and shot the victim before the men drove off in a vehicle. Wactor starred in “General Hospital” as Brandon Corbin from 2020 to 2022, according to IMDB.
Persons: Johnny Wactor, Brando Corbin, David Shaul, , ” Wactor, Shaul, Johnny, , Scarlett Wactor, Tony Im, Wactor, Brandon Corbin Organizations: CNN, , KABC, Los Angeles Police, LAPD Locations: Los Angeles, Siberia
At the time, we were living in a large house with our three children, the youngest of whom was 6. We decided to try nestingSince the house was large, we started by taking different bedrooms in the house and splitting our time with the kids. Related storiesDuring the week, when we were both staying in the large house in different bedrooms, we hardly saw each other, but when we did, we were very amicable with one another. Most of their friends either had married parents who lived together, or divorced parents who lived separately. AdvertisementThey also had to move out of this very large home they'd lived in since babies, into two smaller houses.
Persons: Mitzi Campbell, Organizations: Service
This as-told-to essay is based on a transcribed conversation with Noland Arbaugh, Neuralink's first human patient to receive its brain-chip implant. I wasn't scared going into the surgery to get Neuralink's implant inserted in January. I know it's a long day, but it's fun for me, so it doesn't really feel like work. I didn't know what I was doing for a few months and didn't feel like I was being very productive. AdvertisementSince getting Neuralink's implant inserted in January, the quality of my life has improved significantly.
Persons: Noland Arbaugh, It's, I've, that's Organizations: Service, Bluetooth Locations: Maryland
Make It has spoken with plenty of millionaires over the years and often asks them, "What do you refuse to spend money on?" "It's actually really fun being able to buy something and then choosing not to," he previously told CNBC Make It. Here's what he and four other self-made millionaires say they never spend money on. Fast fashionJonathan Sanchez, a self-made millionaire and founder of Parent Portfolio, maintains a low clothing budget by keeping things straightforward. That's Crush Your Money Goals founder Bernadette Joy's thinking when it comes to workout clothes.
Persons: Todd Baldwin, frugality, It's, Jonathan Sanchez, I'm, Steve Adcock, Adcock, Jim Cramer, wouldn't, Cramer, Bernadette Joy's Organizations: CNBC, Parent
In addition to Wegovy and Ozempic, the GLP-1 class includes Eli Lilly's highly popular weight loss drug Zepbound and diabetes treatment Mounjaro. VanGilder signed up nearly four years ago and started taking the weekly diabetes injection Ozempic specifically for weight loss. The big difference between Calibrate and prior weight loss efforts, VanGilder said, is that she doesn't feel like she's dieting. Calibrate is one of the only companies to regularly release reports detailing the results of its weight loss program. The federal Medicare program by law can't cover weight loss drugs unless the prescription is for another approved health benefit, such as diabetes or cardiovascular health.
Persons: Michael Siluk, Gray Beard, She'd, that's, Beard, wouldn't, She's, Ro, Goldman Sachs, Eli Lilly's, it's, Andrew Dudum, There's, Zachariah Reitano, Reitano, Wegovy, WeightWatchers, Gary Foster, Foster, Oprah Winfrey's, Kim Gradwell, Lee Smith, Jennifer VanGilder, she'd, Jenny Craig, VanGilder, I've, Kristin Baier, Rob MacNaughton, Ro's Reitano, we'd, Eli Lilly, Craig Primack, Primack, Hims, Dudum, We're Organizations: — Novo, UCG, Novo Nordisk, CNBC, Teladoc Health, World Health Organization, Food, WeightWatchers Clinic, Ursinus College, Asset Management Locations: Charlotte , North Carolina, U.S, Dudley , North Tyneside, Britain, Collegeville , Pennsylvania, Hims
Nvidia stock can't keep climbing forever, according to DA Davidson analyst Gil Luria. The Wall Street veteran sees a decline of as much as 20% in Nvidia stock in the next few years. That trend will falter, Luria predicts, and he says he's anticipating a double-digit decline for the chip maker's stock within the next 18 months. Advertisement"My estimates for 2026 are the lowest on the Street," Luria said. AdvertisementLuria has warned of a long-term decline for Nvidia stock for months, though investors are still feeling pretty bullish.
Persons: Gil Luria, , who's, Luria, It's, Tesla Organizations: Wall Street, Nvidia, Service
And this Memorial Day weekend could be a case in point: Travelers are expected to come out in record-setting droves. Three-plus years of high inflation have taken their toll on Americans’ budgets and, especially, their mindsets. Inflation has slowed during the past couple of years, pulling back significantly from its peak of 9.1% in June 2022. Americans, especially lower-income consumers, have pulled back spending at retailers as goods inflation outpaces wage growth. Pandemic-era savings have been spent while sticky inflation and high inflation rates eat into household budgets.
Persons: ” Gus Faucher, Price, ” Faucher, Taylor, it’s, , Ed Bastian, Swift, Delta, Taylor Swift’s, That’s, Kathleen Oberg, , Peter Kern Organizations: New, New York CNN, Transportation Security, TSA, PNC Financial Services, CNN, Consumer, Mickey Consumer, Commerce Department, Disney, Delta Air, ” United Airlines, Mastercard, Institute, Marriott International, Marriott, Expedia Group Locations: New York, United States, Hong Kong, Europe
CNN —Bella Hadid stepped out in a red keffiyeh-inspired dress at the Cannes Film Festival on Thursday, in a nod to her Palestinian heritage. Bella Hadid is seen during the 77th Cannes Film Festival. Hadid’s dress is from the archives of Michael and Hushi, a New York-based brand founded by Michael Sears and Hushidar Mortezaie. Some on social media were quick to point out that Hadid’s dress was not technically a Palestinian keffiyeh, with the colors more closely resembling those used in Jordan and Saudi Arabia. Hopefully we can all learn to stand in unity and love against genocide,” he wrote on Instagram.
Persons: CNN — Bella Hadid, Mohamed Hadid, Michael, Hushi, , Bella Hadid, Jacopo Raule, Hadid, Michael Sears, Hushidar, Carrie Bradshaw Organizations: CNN, Cannes, Cannes Film, Mortezaie, Google, City Locations: Palestinian, American, , Palestine, Gaza, Bella, New York, Jordan, Saudi Arabia
“To still impart that knowledge on young people, and particularly young black women, that they can do this.”Becoming a pilot was something Claiborne, originally from Virginia, could never have imagined for herself as a young girl. When asked about the transition to flying commercial planes, Claiborne stresses that “a pilot is a pilot.”“You’re in different type organizations, but you’re still a pilot,” she adds. So this is an opportunity for her to really enjoy herself.”Increasing diversityClaiborne is committed to increasing pilot diversity and will continue to mentor young women. It’s estimated that there are less than 150 Black women pilots in the US, and Claiborne feels a huge responsibility as one of them. While this may be the end of her commercial flying career, Claiborne isn’t necessarily saying “goodbye” to piloting forever, and would love to fly a World War II aircraft one day.
Persons: CNN — She’s, Theresa Claiborne, “ I’ve, ” Claiborne, Claiborne, , , I’d, ” “, Caliborne, Ruth Bader Ginsburg, you’re, I’ve, Bessie Coleman, she’s, “ I’m, it’ll, they’d, Claiborne isn’t, , ’ ” Organizations: CNN, Newark Liberty International, Air Force Reserve, Corps, US Air Force, California State University, KC, United Airlines, United, , US Bureau of Labor Statistics, It’s, Tuskegee Airmen Locations: New Jersey, Lisbon, Portugal, Virginia, Turkey, Sacramento, Claiborne, United States, Newark , New Jersey, Paris, Newark
But, since then, the apps seemed to have changed the way dating worked. Celibacy and a different approach to dating are, to me, the only answers to the kind of dehumanizing behavior the apps today provoke. AdvertisementThe author stopped using dating apps and only dates men she already knows. Dating apps throw people together with none of the social glue that binds us in our IRL trusted networks. Some people might call this style of dating "friends with benefits," but I don't.
Persons: Tinder, Bumble, I've, We'd, who'd, we're, I'd Organizations: Service, National, coy, Facebook, IRL Locations: Spain, Ireland, Istanbul
My two sisters and I were incredibly close, and the loss of one of our trio shattered Carolyn and me. When it came to my sister's belongings, all I had was her navy bathrobe and a bottle of her favorite cologne. Some of Mo's letters were on company letterhead ("The boss thinks I'm typing up a brief, but ha! But I'm very glad they have these snapshots of Mo's life. And I believe, through the letters, Maureen lives on, not just for me, but for the nieces and nephews she would have loved so much but never got to meet.
Persons: Carolyn, Maureen, — waitressing, cologne, rancid Organizations: Service, Business, Yorker Locations: cologne, Philadelphia, Atlanta
Courtesy Demi DrewI've only seen her 3 times since I movedIn seven years, I've seen my mom three times. Collectively, I've spent six weeks with her the entire time I've lived abroad. I remember having my heart broken for the very first time, sobbing hysterically to my mom on FaceTime and being unable to hug her. Photo credit: Mauricio MerinoI actually appreciate her more nowDespite the 9,000 miles that separate us, my mom and I are closer than ever. Finding ways to connect with my mom and the life she lives in South Africa means being intentional with my time and how I choose to spend it.
Persons: I've, Demi Drew, Demi Drew I've, Demi Drew's, hysterically, I'm, Mauricio Merino Organizations: Business, Bridge, Central, Netflix Locations: Brooklyn , New York, Port Alfred, South Africa, New York, Central Park
CNN —Chemical toxins are everywhere — in our water, food, air and soil. Children born to European mothers exposed to four families of chemicals that disrupt the body’s endocrine (hormone) system had elevated levels of metabolic syndrome at ages 6 to 11. Metabolic syndrome can include obesity, elevated blood pressure, and abnormally high cholesterol and insulin resistance, which is a precursor to type 2 diabetes. Metabolic syndrome is typically associated with adult cardiovascular disease, type 2 diabetes and stroke, but the growing epidemic of childhood obesity has seen symptoms appearing in kids at younger and younger ages. Having metabolic syndrome as a child is highly predictive of chronic disease as an adult, experts say.
Persons: Nuria Güil, , Oumrait, Vicente Mustieles, Mariana Fernández, Carmen Messerlian, Messerlian, phthalates, , Jane Houlihan, ” Houlihan, Houlihan, PFAS, EWG Organizations: CNN, Icahn School of Medicine, JAMA, Biomedical Research, University of Granada, Harvard, of Public Health, International Council for Chemical Associations, American Chemistry Council, EPA, Food, Food and Drug Administration, FDA, NSF, National Sanitation Foundation Locations: Mount Sinai, New York City, Spain, Messerlian, Chan, Boston, United States
If we apply a multiple of 21.6 on DuPont's business, it puts the enterprise value at $25 billion. So being conservative and using a 20 times multiple, DuPont's water business could have an enterprise value of $7.2 billion. Add these three up and the total enterprise value is about $52 billion. To get the equity value, we subtract the net debt (which is total debt minus cash) from the total enterprise value. If we subtract this from the $52 billion enterprise value, the total equity value could be worth $46.2 billion.
Persons: Ed Breen, DuPont's, Breen, , Jim Cramer's, Jim Cramer, Jim, Dow DuPont, Adam Jeffery Organizations: DuPont, Electric, United Technologies, CNBC, Dow
This led to me making and selling icons and wallpapers, which was my first experience making money online. I decided not to go to university and instead make money onlineDespite my parents' typical concerns about formal education, I convinced them to give me a year to try making money online before considering university. AdvertisementMy themes became popular, and in 2014, I was approved to sell them on Tumblr's official online store, which significantly increased my income. I expanded my income streams after leaving the startupI started an online store called ULX Store in 2018 to sell my designs and other products. My approach to online business emphasizes starting with one main income stream and then using the earnings from that to diversify into other areas.
Persons: , Oliur Rahman, wouldn't, Plasso, I'm Organizations: Service, Business, XDA Developers, GoDaddy, YouTube Locations: Dubai
The fight to eradicate polio has been long and difficult. But polio continues to this day disabling or killing children in some harder to reach parts of the world. The good news is that we are now on the cusp of eradicating this terrible disease everywhere and forever. Having used this strategy to stop polio, people in developing nations are already looking to apply those same tools against other diseases, both familiar and emerging. Because the communities are poor, and because families can lose patience with repeated visits focused only on polio, the workers also bring nutritional supplements, health information and other resources.
Persons: It’s, Osama bin Laden Organizations: Initiative, Gates Foundation, World Health Organization, Centers for Disease Control, Central Intelligence Agency Locations: United States, Afghanistan, Pakistan
New York CNN —Even after years of inflation, geopolitical chaos and recession in Europe, the US economy remains robust and resilient. Unemployment rose to 3.9% last month, lower-income consumers are spending less and businesses are limiting employee hours and pay. A recent survey by Santander Bank of its customers found that while inflation fears have largely subsided, middle-income Americans are pessimistic about the economy. Those Americans could still be suffering, but their stories are obscured by data that paints a broad picture of a resilient economy. Piepszak, meanwhile, now leads the company’s newly combined commercial and investment bank with her co-CEO Troy Rohrbaugh.
Persons: , Gregory Daco, haven’t, Skyler Weinand, Regan, , ” Nanette Abuhoff Jacobson, Bryan Mena, What’s, Jamie Dimon, Here’s, Dimon, he’s, , ” Dimon, can’t, “ Dimon, Marianne Lake, Jennifer Piepszak, Piepszak, Troy Rohrbaugh, Rohrbaugh, Mary Erdoes, Jeremy Barnum, Daniel Pinto, COOs Gordon Smith, Smith, Satya Nadella, Bing Organizations: CNN Business, Bell, New York CNN, Regan Capital, Santander Bank, Hartford Funds, Bureau of Labor Statistics, Federal Reserve, JPMorgan, JPMorgan Chase, Bank of America, Microsoft Locations: New York, Europe, Redmond, Washington
President Biden has been battling a new phenomenon in American politics: what Democrats and pollsters have taken to calling “Trump amnesia,” a softening of feeling about his predecessor’s tumultuous term as president. But over roughly 24 hours on Tuesday, Donald J. Trump provided what looked like at least a temporary cure. He reposted a video containing the words “unified Reich,” reviving accusations that he flirts with Nazism. He hinted at the idea of restricting contraception, and rehired as a campaign aide a political operative with a record of accusations of sexual harassment. And by midmorning, Mr. Trump’s defense rested in a criminal case that threatens to forever affix a label to him that no presidential candidate has yet survived: convicted felon.
Persons: Biden, “ Trump, Donald J, Trump, Trump’s, midmorning Organizations: pollsters
CNN —Greater spotted eagles are already a species under threat. Listed as “vulnerable” by the International Union for Conservation of Nature, greater spotted eagles have been largely eradicated from western and central Europe, according to the study. On March 1, 2022, a week after Russia invaded Ukraine, the first of 21 tagged greater spotted eagles crossed into Ukraine on its usual migration, according to researchers from the UK and Estonia. The researchers observed no difference in migration performance and deviation patterns outside of Ukraine, according to the study. Russell said the war in Ukraine is “really raising the profile of some of the environmental issues caused by conflict.
Persons: , Charlie Russell, Russell, ” Russell, , Nathalie Pettorelli, Pettorelli, ” Pettorelli, “ ecocide ” Organizations: CNN, Eagles, International Union for Conservation of Nature, , UK’s University of East, Zoological Society of London Locations: Ukraine, Europe, Poland, Belarus, Russia, Estonia, UK’s University of East Anglia,
CNBC's Jim Cramer on Tuesday analyzed the current market action, pointing out the way consumer-focused companies are suffering while outfits that deal with data and have enterprise customers triumph. "Right now, you have to follow the money, and it's currently flowing to businesses that cater to other businesses and the ones that need to interrogate the data," he said. Cramer asserted that "the spigot from the tech titans to everything else" is endless and unavoidable, calling out the biggest names that have and interrogate data, including Amazon , Alphabet , Microsoft , Meta and Apple . But Cramer said this consumer weakness will not last forever and the money flow may shift once rates come down. "The good news about the limited consumer spending is that we don't have to declare it static," he said.
Persons: CNBC's Jim Cramer, Cramer, Wall Organizations: Depot, Companies, Microsoft, Meta, Apple
New York CNN —JPMorgan Chase CEO Jamie Dimon has bumped up his retirement plans, the longtime head of America’s largest bank said Monday. Over the course of his tenure at JPMorgan Chase, he’s become somewhat synonymous with the largest US bank by assets. But Dimon can’t lead forever, and at 68 years old, the question of succession has grown more important. “Everyone knows they’re going to die, but at one point it’s right here and you realize it’s true and it’s true maybe sooner than you think,” Dimon said. “And so it’s nice to end every day by saying, ‘That was a good day.’ Every meeting, that was a good meeting.
Persons: Jamie Dimon, Dimon, he’s, , ” Dimon, , can’t, , “ Dimon, Marianne Lake, Jennifer Piepszak, Piepszak, Troy Rohrbaugh, Rohrbaugh, Mary Erdoes, Jeremy Barnum, Daniel Pinto, COOs Gordon Smith, Smith, what’s, hasn’t Organizations: New, New York CNN, JPMorgan, JPMorgan Chase, Bank of America, CNN, Bloomberg Locations: New York
Discovery's Max was supposed to become a Netflix killer when it rolled out a year ago. It combined HBO Max's prestige originals with Discovery+'s reality TV fare to capture viewers as they migrate away from WBD's bedrock traditional TV business. Related storiesGiven its low penetration, it's possible that Max can add tens of millions of subscribers, he said. WBD execs hope the crackdown will encourage people to subscribe to the three-in-one bundle of Max, Disney+, and its sister app, Hulu. While the overlap between Netflix and Disney+ is high, about half of Disney+ subscribers don't subscribe to Max, and vice versa, so each has a chance to significantly increase its audience.
Persons: , Discovery's Max, WBD, Max, hasn't, JB Perrette, Perrette, We're Organizations: Service, Warner, Netflix, HBO, Disney, Hulu, Business, Nielsen, Vodafone, Amazon, Paris Olympics, Cartoon Network Locations: WBD, Orange
That’s scary.” If Trump is elected, Jörg is convinced, he would withdraw American troops from Europe and stop aid to Ukraine. Jim Bourg/AFP/Getty ImagesSix months ahead of the vote, this soccer field conversation reflects the German view of the US elections quite well. Kirill Kudryavtsev/AFP/Getty ImagesIt’s an optimistic view, based on the assumption that Trump will act rationally, as a deal-maker, if elected. What if Trump tries to take America out of NATO or creates a “dormant NATO,” a NATO existent only in name? Another Trump presidency would not only put Germany’s security at risk, but also manifest this view of the US for another four years.
Persons: Thomas Ernst Editor’s, Anna Sauerbrey, Read, , , Jörg, Miguel, Donald Trump, , “ Trump, Trump, “ I’m, Piero, Joe Biden, Jim Bourg, Europe’s, Russia “, Olaf Scholz, Michael Kappeler, ” Scholz, mums, Annalena Baerbock, Greg Abbott, Biden, Kirill Kudryavtsev, George H, Bush’s, Barack Obama, Obama, Heinz M, Schahina Gambir, Gambir, Roe, Wade, Bob Parent Organizations: Zeit, Berlin CNN —, Köpenicker FC, CNN, Biden, Trump, Getty, NATO, Republican, European Union, European Central Bank, EU, , Dallas Mavericks, Mavericks, LA Clippers, NBA, Green, Bundestag Locations: Berlin, America, Taiwan, Europe, Ukraine, Italy, AFP, Gaza, Germany, Russia, United States, Trump, Texas, China, Poland, France, Frankfurt, Kabul, New York City, New York
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