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☆ Figure out what you actually want to do, not what you think you should
▼ + stars: | 2024-01-17 | by ( Henry Blodget | ) www.businessinsider.com time to read: +5 min

One of your career goals is to figure out what you actually want. So when it came time to pick a profession, Prakapas chose… books. The source of his misery, he eventually realized, was that he didn't actually want to be a book editor. (Also, as a former book editor, he undoubtedly knew that, if I continued down that path, it would be a long and arduous one.) Most of my college friends had zero interest in finance and were mystified about why I claimed to find it interesting.

Persons: —, I've, Gene Prakapas, Prakapas, Karen Horney, didn't Organizations: Service Locations: Japan, New York City

☆ Samsung announces new Galaxy S24 lineup with AI-powered photo editing, search features
▼ + stars: | 2024-01-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

In this article Follow your favorite stocks CREATE FREE ACCOUNTThe Samsung Galaxy S24 Ultra. The device looks a lot similar to Samsung's Galaxy S23 Ultra. As is standard with Samsung's flagship range now, the S24 range comes in three versions: the S24, S24+, and S24 Ultra. There's a pricier version of the S24 Ultra with 1-terabyte of storage, too, that'll set users back by $1,550. The Samsung Galaxy S24 Ultra has a bright display that can reach 2,600 nits at peak brightness — making it gthe brightest on a Samsung phone to date, according to the company.

Persons: that'll Organizations: Samsung Galaxy, Samsung, Samsung Samsung, Galaxy Locations: Korean, London

☆ A bride-to-be said she 'froze' after she was prompted to tip while purchasing her wedding dress
▼ + stars: | 2024-01-17 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

In a TikTok video with 520,000 views last month, 30-year-old bride-to-be Ina Josipovic said she was asked for a gratuity while purchasing her wedding dress. This story is available exclusively to Business Insider subscribers. On December 27, Josipovic shared that after finding her dream dress, the cashier flipped around an iPad at the checkout counter, whereupon the screen requested a tip. Instead, she opted to leave a custom tip of $50, she told Business Insider. "If you guys think your stylist deserves a tip," she asked in her TikTok video, "why don't you just give her commission?"

Persons: —, Ina Josipovic, Josipovic, who'd, she'd Organizations: Service, Business Locations: America

A local buyer taking over a struggling newspaper in the 21st century is normally cause for some celebration. “Have no fear of me,” Smith told the Sun newsroom on Tuesday, according to someone who was there and relayed the statement on condition of anonymity because it was a private meeting. Smith told the newspaper he had one partner: Armstrong Williams, a commentator who hosts a show on Sinclair’s affiliates. In 2018, Smith told New York magazine that he dislikes and fundamentally distrusts print media. Skene reported from Baltimore.

Persons: David D, Smith, “, ” Smith, Donald Trump, Smith’s, Julian Sinclair Smith, Sinclair, Armstrong Williams, Brandon Scott, ”, Jim Shea, Kathy Szliga, Rupert Murdoch, Marty Kaiser, Alden Capital, Tim Franklin, Stewart Bainum Jr, —, Medill’s Franklin, ” Franklin, Olivia Nuzzi, David Simon, television’s, ” Simon, Abell, ___ Bauder, Skene Organizations: Sinclair, Baltimore Sun Media, Alden Global Capital, The, Associated Press, Sun, Sinclair Broadcasting Inc, Chesapeake Television Corp, Fox, Democratic, Project Veritas, Republican, Capital News Service, University of Maryland, Tribune Publishing, Philadelphia Inquirer, Boston Globe, Seattle Times, Medill Local, Initiative, Northwestern University, Baltimore, New York Locations: Baltimore, Maryland, “, New York

☆ Jeff Bezos and Lauren Sánchez channeled 'mob chic,' the internet's hottest style trend, at Milan Fashion Week
▼ + stars: | 2024-01-16 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Jeff Bezos and Lauren Sánchez recently attended men's fashion week in Milan. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIf you want to know how to nail down the "mob wife" look that's going viral on social media, you'd be wise to take tips from Jeff Bezos' partner, Lauren Sánchez. His fiancée, meanwhile, was peak "mob wife" — wearing a sheer, floor-length black lace Dolce & Gabbana dress for the evening event. Robino Salvatore/GC ImagesThe "mob wife" fashion trend, which is the antithesis of 2023's "quiet luxury" aesthetic is all about opulence.

Persons: Jeff Bezos, Lauren Sánchez, Bezos, Sánchez, —, you'd, Robino Salvatore, Robert Armstrong, Armstrong, — Warren Buffett, Elon Musk Organizations: Service, Dolce, Gabbana, Amazon Locations: Milan

☆ Where to invest $50,000 with Treasury yields rising again
▼ + stars: | 2024-01-16 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +8 min

The 10-year Treasury yield started the new year trading around 3.8% after a steep decline in late 2023. Against this backdrop, CNBC Pro asked three strategists and money managers how they would allocate $50,000 with yields rising again. Specifically, he recommended bills with a three- to six-month maturity, which investors can gain exposure to through exchange-traded funds such as the Vanguard Short-Term Treasury ETF (VGSH) or SPDR Portfolio Short Term Treasury ETF (SPTS) . Exchange-traded funds that offer exposure to these assets include the iShares 20 Plus Year Treasury Bond ETF (TLT) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT) . Invest in dividend-growing value stocks Newton Investment Management's John Bailer recommended investors solely allocate into value stocks with sustainable and growing dividends.

Persons: Kumar, VGSH, VCIT, John Bailer, JPMorgan Chase, They've, they've, Bailer, Northrop Grumman, James Abate, Abate, Johnson, Geoff Martha, Colgate's Organizations: Treasury, Nasdaq, Dow Jones, CNBC Pro, Sri, Kumar, CNBC, AAA, Exchange, Treasury Bond ETF, Vanguard, Stock Market, U.S, Bloomberg, Newton Investment, JPMorgan Chase, JPMorgan, Northrop, Asset Management, Johnson, Colgate, Palmolive Locations: Bailer's

Republican Sen. James Lankford of Oklahoma has taken on one of Congress’s most thankless and politically risky jobs: leading negotiations to overhaul the country’s immigration laws. Democrats and Republicans agree that a fix is overdue—the last major changes were passed in 1986. Past rounds of talks have gotten nowhere because the issue is so charged and the system so legally complex that any rewrites of the law risk cascading and unintended effects. Now Lankford is one of a trio of senators taking another crack at it, as migrant apprehensions at the Southern U.S. border hit a record 250,000 a month.

Persons: Sen, James Lankford of Organizations: Southern Locations: James Lankford of Oklahoma, Southern U.S

☆ I hand out millions in lottery money — and am banned from playing. Here's why I'm not jealous of the winners.
▼ + stars: | 2024-01-14 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

AdvertisementThis as-told-to essay is based on a conversation with Andy Carter, who advises major lottery winners for Camelot, the operator of the UK's National Lottery. AdvertisementIt wouldn't be a good look if someone working for the lottery won the lottery. For example, I've dealt with over 2,000 lottery winners, and I've never dealt with anyone I know personally. Mark and Helen Francis celebrate their $1.26 million lottery win in 2022. It's a myth that lottery wins always make people miserable, thoughThe biggest misconception people have about lottery winners is that everyone goes out and blows their money.

Persons: Andy Carter's, he's, —, Andy Carter, I've, haven't, haha —, Dylan Nolte, Anthony Highet, that's, Helen Francis, Huw John, Camelot, who've, they've, you've, Stuart C, Wilson, You've Organizations: Service, Camelot, National Lottery, British, Lamborghini Locations: Liverpool

Persons: Sen, James Lankford of Organizations: Southern Locations: James Lankford of Oklahoma, Southern U.S

☆ The Iowa caucuses are on Monday — here's what you need to know
▼ + stars: | 2024-01-13 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +7 min

Iowa voters will bear subzero wind chills on Jan. 15 to sit in school gyms, churches and community centers and discuss who they want to be the next U.S. president. The Iowa caucuses are the first voting events in the Republican presidential primary. Why do Iowa caucuses matter? Democrats have intentionally lessened their emphasis on the Iowa caucuses due to a vote-counting blunder in 2020. How can you follow the Iowa caucuses?

Persons: Joe Biden, Donald Trump, Surrogates, caucusgoers, Trump, Pete Buttigieg, Biden, Ted Cruz, outdoing Trump, Vivek Ramaswamy, Grassley, Ron DeSantis, Eric Trump, Nikki Haley, Ramaswamy, Bob Vander Plaats, Asa Hutchinson, caucusing Organizations: Republican, North Dakota ., Virgin, Democratic, Republican National Convention, Democrats, GOP, Florida Gov, U.N, Former Arkansas Gov, CT, Voters, CNBC Locations: Des Moines , Iowa, Iowa, U.S, Nevada , Wyoming, North Dakota, North Dakota . U.S, American Samoa, Guam, , Iowa, New Hampshire

☆ What will it cost you to buy a bitcoin ETF? Here are the cheapest and most expensive funds
▼ + stars: | 2024-01-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The Bitwise Bitcoin ETF (BITB) has the lowest expense ratio of all the new bitcoin funds, at 0.20%. Several other funds are close behind, including the Ark 21Shares Bitcoin ETF (ARKB) at 0.21% and the iShares Bitcoin Trust (IBIT) at 0.25%. Other proposed funds have similar waivers, meaning early adopters of the bitcoin ETFs will have little or zero management cost for a brief time. Bitcoin ETF fee comparison Fund Ticker Fee Bitwise Bitcoin ETF BITB 0.20%* Ark 21Shares Bitcoin ETF ARKB 0.21%* Fidelity Wise Origin Bitcoin Fund FBTC 0.25%* iShares Bitcoin Trust IBIT 0.25%* Valkyrie Bitcoin Fund BRRR 0.25%* VanEck Bitcoin Trust HODL 0.25% Franklin Bitcoin ETF EZBC 0.29% WisdomTree Bitcoin Fund BTCW 0.30%* Invesco Galaxy Bitcoin ETF BTCO 0.39%* Hashdex Bitcoin ETF DEFI 0.94% Grayscale Bitcoin Trust GBTC 1.5%Source: SEC filings; * indicates temporary waiver for part or all of the management feeThe fees for bitcoin funds are higher than many broad stock index funds, with the SPDR S&P 500 ETF Trust (SPY) charging less than 0.10%. For example, Ark-21Shares, Valkyrie, Invesco-Galaxy and others had shown higher fees initially but lowered them in subsequent filings.

Persons: Jonathan Raa, Bitwise, Bryan Armour Organizations: Nurphoto, Franklin, SEC, Trust, United States Oil Fund, Fund, North America, Morningstar

☆ Ark Invest president says bitcoin is now a 'public good' that all investors should have access to
▼ + stars: | 2024-01-11 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

Brendan McDermid | ReutersArk Invest President and COO Tom Staudt believes bitcoin is now a "public good" to which all investors should have access, as the company launches its first bitcoin exchange-traded fund. watch nowThe ARK 21Shares Bitcoin ETF is one of six initially waiving fees, alongside the Bitwise Bitcoin ETF, the Fidelity Wise Origin Bitcoin Trust, the WisdomTree Bitcoin Fund, the Invesco Galaxy Bitcoin ETF and the Valkyrie Bitcoin Fund. "This is a new asset class. We haven't had a new asset class for financial portfolio allocation in quite some time, and with a new asset class comes lower correlation to the other asset classes previously allocated to." Bitcoin was trading at around $47,300 on Thursday morning , according to Coin Metrics, and the SEC's decision has many analysts bullish about newly unlocked potential for massive gains.

Persons: Cathie Wood, Brendan McDermid, Tom Staudt, bitcoin, BlackRock's, Staudt, CNBC's, 21Shares, Bitcoin, haven't, bullish Organizations: Ark Invest, CNBC, New York Stock Exchange, Reuters, Invest, U.S . Securities, Exchange Commission, Fidelity, Bitcoin, Galaxy, U.S, Metrics Locations: New York City, U.S

☆ The spot bitcoin ETF: Here's what happens when it starts trading
▼ + stars: | 2024-01-10 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Spot bitcoin ETF feesBitwise (BITB) 0.0% (after first six months: 0.2%)ARK Invest/21Shares (ARKB): 0.0% (after first six months: 0.21%)Invesco Galaxy Bitcoin ETF (BTCO) 0.0% (after first six months: 0.39%)iShares Bitcoin Trust (IBIT) 0.12% (after first 12 months: 0.25%)VanEck Bitcoin Trust (HODL) 0.25%Franklin Bitcoin ETF (EZBC) 0.29%Fidelity Wise Origin Bitcoin Trust (FBTC) 0% (after July 31, 2024, 0.25%)WisdomTree Bitcoin Trust (BTCW) 0.0% (after first six months 0.3%)Valkyrie Bitcoin Fund (BRRR) 0.0% (after three months 0.49%)Grayscale Bitcoin Trust (GBTC) 1.5%Hashdex Bitcoin (DEFI) 0.9%Invesco's Galaxy Bitcoin ETF has set its expense ratio at 0.0% for the initial six months and the first $5 billion in assets, and goes to 0.39% after. Source: Bloomberg/SEC.govHow will a spot bitcoin trade relative to bitcoin and bitcoin futures? One of the main questions is how well a spot bitcoin ETF will track bitcoin and bitcoin futures. Simeon Hyman, ProShares' global investment strategist who manages the largest bitcoin futures ETF, the ProShares Bitcoin Strategy ETF (BITO) that launched in October 2021, noted that bitcoin futures ETFs have tracked bitcoin "fairly well." Some are concerned that the creation and redemption process that was agreed upon to create spot bitcoin ETFs could result in a bitcoin ETF trading at a premium to its NAV.

Persons: 21Shares, iShares, VanEck, WisdomTree, Bitcoin, Simeon Hyman, ProShares Organizations: Securities and Exchange Commission, Bitcoin, Franklin Bitcoin, Galaxy, Bloomberg Locations: bitcoin

☆ Honda teases new EVs with futuristic 'Space-Hub' and 'Saloon' concept cars
▼ + stars: | 2024-01-09 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

The concept models are called the "Space-Hub" and "Saloon," which the first production "Honda 0 Series" EV will be based on, according to the Japanese automaker. Honda plans to introduce the first model of the Honda 0 Series based on the Saloon concept in North America, followed by model introductions in Japan, Asia, Europe, Africa and the Middle East, and South America. Honda Space-Hub concept electric vehicle Courtesy HondaThe Saloon is a sleek, futuristic-looking vehicle that seems fit for "Tron" movies, with a large open-mouthed front-end light in neon lighting with a redesigned Honda "H" in the center. Inside, the Saloon features a minimalistic digital cockpit with a yoke steering wheel, which is similar to concept cars from other companies that have debuted at CES. Honda Saloon concept electric vehicle Courtesy HondaBoth concepts appear to be designed to feature autonomous driving capabilities: the steering yoke is able to retract into the dashboard of each.

Persons: Toshihiro Mibe, Honda Organizations: Honda, CES Locations: North America, Japan, Asia, Europe, Africa, South America

☆ Amazon insiders are bracing for changes at Freevee now that Prime Video is adding ads
▼ + stars: | 2024-01-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Read previewSpeculation about the future of Amazon's free, ad-supported streamer Freevee is swirling now that sibling service Prime Video is about to launch ads itself. People who work for the service have been reassigned or told they'll add Prime Video duties, said three insiders familiar with the matter. Ryan Pirozzi, who previously ran the business side of Freevee, is now head of Prime Video Channels, US. People who worked on Freevee teams will be doing double duty for Prime Video, a sign that Amazon no longer sees Freevee as a freestanding business. Amazon describes Freevee as a service, with Amazon MGM Studios, Amazon's film and TV division, developing the content for Prime Video and Freevee.

Persons: —, Lauren Anderson —, Ryan Pirozzi, Freevee, James Marsden, It's, Jenny Burke Organizations: Service, Business, Amazon MGM Studios, Amazon, Freevee . Company, Hollywood, Prime, Freevee, Video Locations: Freevee

☆ Cryptocurrency investors eagerly awaiting SEC ruling on bitcoin ETFs
▼ + stars: | 2024-01-05 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

Crypto investors are eagerly awaiting an imminent ruling from the U.S. Securities and Exchange Commission that will likely approve the trading of a spot bitcoin exchange-traded fund, more than a decade after initial attempts were rejected. 13 companies have filed for a spot bitcoin ETF:Grayscale Bitcoin TrustArk/21Shares Bitcoin TrustBitwise Bitcoin ETF TrustBlackRock Bitcoin ETF TrustVanEck Bitcoin TrustWisdomTree Bitcoin TrustValkyrie Bitcoin FundInvesco Galaxy Bitcoin ETFFidelity Wise Origin Bitcoin TrustGlobal X Bitcoin TrustHashdex Bitcoin ETFFranklin Templeton Digital Holdings TrustPando Asset Spot Bitcoin TrustHow the SEC will proceedThere are two components to the applications:1) A 19b-4 filing, which is a form used by exchanges to inform the SEC of a proposed rule change. In this case, each company filing for the spot bitcoin ETF has differences in the way the product might be structured. Invesco's Galaxy Bitcoin ETF has set its expense ratio at 59 basis points, which are waived for the initial six months and the first $5 billion in assets. Grayscale Bitcoin Trust currently charges 2% but has said it's committed to lowering the fee once its application to convert to a bitcoin ETF is approved.

Persons: Fidelity's, it's, Gary Gensler's, Gensler, Bitcoin, Coinbase, Binance, Changpeng Zhao, Zhao, Wood Organizations: U.S . Securities, Exchange Commission, BlackRock, Fidelity, Bitcoin, Franklin Templeton Digital Holdings Trust, SEC, Securities, NYSE, Nasdaq, Galaxy, U.S ., Appeals, U.S . Department of Justice, Binance

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Cloud competition from HuaweiAlibaba has been an industry leader in the cloud business. Alibaba in November blamed U.S. restrictions on chip sales to China for the decision to pull the cloud IPO. Alibaba said its cloud business revenue grew by just 2% year on year in the quarter ended Sept. 30. Those resellers were other companies that had acted as distributors or agents for Alibaba cloud and received commissions.

Persons: Brendan McDermid, It's, Alibaba, hasn't, they're, Duncan Clark, Clark, ”, Jack Ma, Brian Wong, Eddie Wu, Trudy Dai, Daniel Zhang, Yi Zhang, —, Alibaba's, Canalys, BDA's Clark Organizations: Alibaba Group Holding, New York Stock, Reuters, BDA, Alibaba Group, Alibaba, Duncan Clark BDA, Huawei Alibaba, Huawei, Tencent, “ Global Locations: Reuters BEIJING, U.S, China, Beijing, Alibaba

☆ A backpacking millennial discovered he craved a slow and simple life, so he built a tiny house in France for himself and his cat
▼ + stars: | 2024-01-04 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Geoffrey Celard, 29, lives in a DIY tiny house with his pet cat in Valence, in southeast France. The tiny house took over a year to build and he estimates he spent $21,000 on the project. AdvertisementWhen Geoffrey Celard returned to France in 2020 from a six-month-long backpacking trip in Colombia, he needed a place to live. Geoffrey Celard/La Cabane — Mini Habitat"I built it in a warehouse-like place, which is shared with other builders of tiny houses. Tucked away in the countrysideCelard's tiny house is parked on a piece of land he rents with another friend who also has a tiny house.

Persons: Geoffrey Celard, Celard, — Organizations: Service, They're Locations: Valence, France, Colombia, Drôme, Paris

☆ Aaron Rodgers is causing major headaches for ESPN after his bizarre comment about Jimmy Kimmel
▼ + stars: | 2024-01-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Jets QB Aaron Rodgers has sparked a controversy with his latest quip about comedian Jimmy Kimmel. AdvertisementESPN is grappling with a wave of backlash after Jets quarterback Aaron Rodgers made a bizarre and unfounded quip about comedian Jimmy Kimmel being linked to disgraced financier Jeffrey Epstein. Kimmel, who is one Disney's biggest names as the host of "Jimmy Kimmel Live! Advertisement"There's a lot of people, including Jimmy Kimmel, really hoping that doesn't come out," Rodgers said." "I can see exactly why Jimmy Kimmel felt the way he felt, especially with his position.

Persons: Aaron Rodgers, Jimmy Kimmel, Rodgers, Kimmel, Jeffrey Epstein's, —, Jeffrey Epstein, Pat McAfee's, I've, Epstein, doesn't, Anthony Fauci, Joe Biden's, Travis Kelce, McAfee, Aaron, Pat McAfee, Aaron Rodgers pic.twitter.com, @ESPN, Julie K, Brown, Mike D, Sykes, Perez mused, Bob Iger Organizations: Jets, Service, ESPN, Chiefs, NFL, Disney, Front, York Post

☆ Baby boomers did one big thing we should all be grateful for
▼ + stars: | 2024-01-02 | by ( Andy Kiersz | ) www.businessinsider.com time to read: +11 min

The boomers had it great, the argument goes, but then they went and screwed it all up. For one thing, baby boomers didn't have it easy: The America they grew up in was poorer, less educated, less healthy, and more unfair than the society we live in today. To better understand how individuals and families are experiencing the economy, it's important to look at wages, income, and wealth. Boomers have consistently passed laws to make building housing harder, leaving the country with a structural housing deficit. Beyond the economy, the boomers have handed off other deep problems that the younger generations will have to solve.

Persons: Gen Zers, Zers, millennials, Norman Rockwell, —, they've, we're, it's, Zer, Andy Kiersz Organizations: Black, Boomers, Business Locations: America

I didn't learn about investing growing up so I was thrilled to read "The Simple Path to Wealth." Thanks to the book, I'm now on the path towards FIRE — financial independence/retire early. I'm thankful that, in 2017, I was able to read a book called "The Simple Path to Wealth." Here's what "The Simple Path to Wealth" taught me about managing money and building wealth. For me, "The Simple Path to Wealth" has demystified the purpose and process of building wealth in America.

Persons: Collins, I'm, —, JL Collins, I've Organizations: Service, Pew Research, FIRE, Vanguard, Market Index Locations: America

☆ Lyft President Kristin Sverchek on 2024: 'I Have a Bias to Action.'
▼ + stars: | 2023-12-15 | by ( Josée Rose | ) www.businessinsider.com time to read: +3 min

After 11 years at Lyft, Kristin Sverchek stepped into the president's role earlier this year. She was the ride-hailing company's first general counsel, helped take Lyft public, and was named president in July. She's gotten more comfortable using her voice over the years, despite certain leadership muscles being "hard to develop," Sverchek recently told Business Insider. What I'm really excited about is that right now it's feeling like we have all of these little building blocks that we're putting into place at the company. So I'm really full of optimism for the new year.

Persons: Kristin Sverchek, company's, She's, Sverchek, we've, they've, I'm, Gosh Organizations: Service, Business Locations: Lyft, Business, America

☆ U.S. has failed the Palestinian people, officials say after vetoed UN vote for Gaza Strip cease-fire
▼ + stars: | 2023-12-11 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +5 min

(Photo by Majdi Fathi/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty ImagesPalestinian officials expressed resounding disappointment after the United States vetoed a United Nations resolution calling for an immediate humanitarian cease-fire in Gaza. Yuki Iwamura | AFP | Getty ImagesThe U.S. on Friday vetoed a U.N. Security Council draft resolution that was backed by 13 Security Council members, while the United Kingdom abstained. The vote came about after U.N. Secretary-General Antonio Guterres invoked Article 99 of the U.N. charter to coalesce the 15-nation council to address the crisis in the Gaza Strip. Mohammad Shtayyeh, prime minister of the Palestinian Authority, echoed the disappointment on Sunday, describing the result as "sad" and a "shame." The internationally recognized Palestinian Authority administered the Gaza enclave before the shock win of Hamas in the elections of 2006.

Persons: Majdi Fathi, United Kingdom Husam Zomlot, CNBC's Dan Murphy, White, John Kirby, Israel, Kirby, Antonio Guterres, Yuki Iwamura, Mohammad Shtayyeh, it's, that's, Joe Biden, Benjamin Netanyahu, Antony Blinken, Brendan Smialowski, Israel —, Robert Wood Organizations: Hamas, Getty, Nurphoto, United, Doha Forum, CNBC, Air Force, Reuters, UN, United Nations Security, AFP, Security, Palestinian Authority, West Bank, Chatham House's, U.S ., Gaza, Palestinian, U.S, Afp, Israel Defense Forces Locations: Jaffa, Deir el, Gaza, Israel, United Nations, U.S, United Kingdom, Qatar, Lebanon, Washington, Lebanese, New York City, United, Vakil, Chatham, East North Africa, Doha, liaise, Tel Aviv, Palestine

☆ Tommy Tuberville Backs Down in Fight Over Military Promotions
▼ + stars: | 2023-12-05 | by ( Lindsay Wise | Nancy A. Youssef | ) www.wsj.com time to read: 1 min

Alabama Sen. Tommy Tuberville lost the support of some of his fellow Republicans over his hold on military promotions. Photo: Kevin Dietsch/Getty ImagesWASHINGTON—Alabama Sen. Tommy Tuberville ended his monthslong hold on nearly all military promotions, saying he would allow hundreds of officers to move forward, while still demanding individual votes for about a dozen four-star generals and admirals. “I’m not going to hold the promotions of these people any longer. We just released them, everybody,” Tuberville told reporters Tuesday. “I think about 440 of them, everybody but 10 or 11, four stars.”

Persons: Alabama Sen, Tommy Tuberville, Kevin Dietsch, WASHINGTON — Alabama Sen, “ I’m, ” Tuberville, “, ” Organizations: Getty, WASHINGTON — Locations: Alabama, WASHINGTON — Alabama

☆ How every Club stock performed over the past 10 Decembers, a historically strong month
▼ + stars: | 2023-12-05 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

After closing at its highest level of 2023 on Friday , the first day of December, the S & P 500 fell Monday. A mixed picture is revealed when looking at how every Club stock has performed in December over the past decade. The best-performing Club stock over the past 10 Decembers is Broadcom (AVGO), which has an average gain of 7.1% in the month. Salesforce (CRM) is the worst-performing Club stock in December over the past decade, falling 4.53% on average in the month. Amazon (AMZN), Coterra Energy (CTRA) and Costco (COST) round out the bottom five December performers over the past decade.

Persons: Sam Stovall, Santa Claus, hasn't, It's, Thursday's, Estee Lauder, Eli Lilly, —, Jim Cramer's, Jim Cramer, Jim, Tayfun Organizations: GE Healthcare, Broadcom, Procter & Gamble, Wynn Resorts, WYNN, Salesforce, Ford, Palo Alto Networks, Coterra Energy, Costco, Amazon, Caterpillar, Jim Cramer's Charitable, CNBC, Wall, York Stock Exchange, Financial, Anadolu Agency, Getty Locations: Santa, Broad St, New York City, United States

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