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☆ Young workers are flocking to these fast-growing job markets—they're not on the coasts
▼ + stars: | 2024-05-14 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

New York, Washington, D.C. and other major metros may be some of the most sought-after job markets for young professionals, but for ample opportunities and high-paying roles, they may have better luck in the Sun Belt. The metro areas around Tucson, Arizona; Tallahassee, Florida; and Gainesville, Florida; are the fastest-growing job markets for entry-level roles, according to new data from LinkedIn. The top industries hiring entry-level workers are secure fields like manufacturing, government, education and health care. 1 priority is finding a job with stability. The professional services sector has seen more layoffs in recent years, Kantenga says, but common jobs in consulting and legal services also pay "extremely well," which may be a worthwhile tradeoff for young people.

Persons: Kory Kantenga, Kantenga, grads Organizations: LinkedIn, Sun Locations: York, Washington, Tucson , Arizona, Tallahassee , Florida, Gainesville , Florida, Tallahassee, Florida, Chattanooga , Tennessee, Savannah, Georgia, Des Moines , Iowa, Birmingham , Alabama, Harrisburg , Pennsylvania, Huntsville , Alabama, Hartford , Connecticut, South, Americas, Tucson

☆ China is 'very keen' to step up economic support, strategist says
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is 'very keen' to step up economic support, strategist saysBecky Liu, head of China macro strategy at Standard Chartered Bank, says, however, that a "mega stimulus" is not yet on the table.

Persons: Becky Liu Organizations: China, Standard Chartered Bank Locations: China

☆ Gold Gala fashion: ‘It’s the one place where you can really represent’
▼ + stars: | 2024-05-13 | by ( Stephy Chung | ) edition.cnn.com time to read: +5 min

On Saturday, stars gathered on the steps of The Music Center in Los Angeles for the Gold Gala — a celebration of Asian Pacific influential talent across entertainment, fashion, technology and more, hosted by the non-profit Gold House. Actor Eugene Lee Yang attends the Gold Gala in an eye catching ensemble. It’s not something that I grew up imagining I’d have for myself.”Lucy Liu, wearing a gown by Bibhu Mohapatra, and Karan Johar exchange a greeting at the Gold Gold 2024. Michael Kovac/Getty ImagesFrom left to right, Shelby Rabara and Harry Shum Jr. attend the Gold Gala. So that’s been wonderful to see people take chances, and how we’ve knocked it out of the park,” Lakshmi told CNN.

Persons: Karrueche Tran, Thai Nguyen, “, ”, Tran, Nymphia, Sheng Cheong, Karan Johar, Agnez Mo, Eugene Lee Yang, Charley Gallay, Araya Doheny, Jeannie Mai, ” “, Padma Lakshmi, Lucy Liu, Joel Kim Booster, ” Lucy Liu, Bibhu Mohapatra, Michael Kovac, Shelby Rabara, Harry Shum Jr, Monica Schipper, USC Annenberg, Tommaso Boddi, Rodin Eckenroth, that’s, we’ve, ” Lakshmi, Prabal Gurung Organizations: Los Angeles CNN, The Music Center, CNN, Getty, Pacific, Gold House, USC Locations: Los Angeles, Pacific, American, Vietnamese, African American, City, ”, Indonesia, Hollywood, Thai

☆ China’s Xi Jinping highlights Europe’s divisions ahead of expected Putin visit
▼ + stars: | 2024-05-12 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Chinese state media played up the warm diplomacy, with headlines proclaiming China’s “ironclad” bond with Serbia and “golden friendship” with Hungary. Both are sure to closely watch any summit between Xi and Russian President Vladimir Putin in China, expected to happen soon. Chinese leader Xi Jinping is welcomed at the airport in Belgrade on May 7 for his two-day state visit. Xi also marketed a shared worldview during his meeting with Orban in Hungary, which is a member of both the EU and NATO. Chinese leader Xi Jinping talks with Hungarian Prime Minister Viktor Orban in Budapest on May 9.

Persons: Xi, Peng Liyuan, Aleksandar Vucic, Viktor Orban, China’s, Vucic, Orban –, Emmanuel Macron, Ursula von der, Vladimir Putin, Orban, Hungary “, ’ ”, Philippe Le Corre, ”, Putin, Le Corre, Xi Jinping, Dimitrije Goll, Xi’s, Serbia’s Vucic, ” Vucic, Bruno Le Maire, BYD, Liu Dongshu, Vivien Cher Benko, Tamas Matura, Mark Rutte, Olaf Scholz, Matura, Von der, “ Orban, Gabor Scheiring Organizations: Hong Kong CNN, Russia, Ukraine, China, Europe …, Asia Society, Center for, Forum, Anadolu, Getty, EU, NATO, ”, Xi, Hong Kong’s City University ., Hungarian, Central, Dutch, Georgetown University Locations: Hong Kong, France, Ukraine, China, Belgrade, Budapest, Paris, Serbian, Hungarian, Serbia, Hungary, Europe, Russia, Russian, ”, Europe … Hungary, Center for China, Beijing, United States, EU, Hong, Central, Eastern Europe, Eastern, Moscow, Qatar, “ Hungary

☆ 24-year-old earns $50,000 a year living in a town of 121—how she spends her time and money
▼ + stars: | 2024-05-12 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +6 min

Madi Lee says she lives comfortably in Medora earning $50,000 per year working at the Theodore Roosevelt Medora Foundation. Take Madi Lee, 24, who graduated in 2022 and found herself working in Medora, North Dakota — popoulation: 121. Medora is a tourist town near Theodore Roosevelt National Park where the busy season brings in thousands of visitors. Madi Lee, 24, moved to Medora, North Dakota, which has a year-round population of 121 people. Courtesy of Madi Lee

Persons: Madi Lee, Theodore Roosevelt Medora, Theodore Roosevelt, Lee, I'm, Roth, Medora, she's, she'll Organizations: Theodore Roosevelt Medora Foundation . New, D.C, Theodore Roosevelt Medora Foundation, Ford Bronco, University of Minnesota Duluth Locations: Theodore Roosevelt Medora Foundation . New York City, Washington, Salt Lake City, Medora , North Dakota, Theodore, Madi Lee, Medora, Dickinson, North Dakota, it's, Roseau , Minnesota, Madi

CNBC Make It asked locals in their 20s and 30s living in New York and LA about how much they pay in rent — and if they think it's actually worth the money. Mia pays $3,500 per month for a 2-bedroom apartment in Manhattan that she shares with a roommate. "I pay way too much, but it is a beautiful apartment," she tells CNBC Make It. Outside of Manhattan, rent isn't much more affordable. "If I lived in [Manhattan], I'd probably be spending $4,000 to $5,000 for what I have now," Shane adds.

Persons: Zumper, Mia, It's, Shane Organizations: CNBC Locations: New York, Los Angeles, LA, NYC, Manhattan, Bronx, New York City

Two of three speakers at the engineering school’s ceremony disappeared abruptly from the school’s graduation website. A self-described “fourth-generation Trojan” from Pasadena, Ms. Blain, who has spent much of her life imagining her own U.S.C. Pro-Palestinian students tried to set up an encampment on campus days later, and university officials summoned the Los Angeles police. At the engineering school, where Ms. Tabassum, the valedictorian, will be graduating, professors were trying to resurrect her chance to speak. A university committee had picked Ms. Tabassum, who is Muslim and of South Asian ancestry, from about 100 undergraduates with near 4.0 grade point averages.

Persons: Kevin Feige, Liza Colón, Zayas, Tina, “, ”, Jaren Lewison, they’re, Ella Blain, Blain, Linda Thomas, Greenfield, Biden, U.S.C, Asna Tabassum, Jon M, Chu, Marcia McNutt, Blain’s, Annette Ricchiazzi, Carol Folt, Missives, Sean Penn, —, Goodwin Liu, Merrill Balassone, Phil Chan, Pam Zhang, Safiya Umoja Noble, Lewison, Jane Coaston, Tabassum, Yannis C, Folt, Kevin Crawford Knight, Didi Global, Zohreh, Khademi, Knight, ” Hossein Hashemi, Hashemi, Dustin Jeffords Organizations: University of Southern, Angeles, Marvel Studios, Hollywood, Netflix, Dornsife, of Letters, Arts and Sciences, Los Angeles Memorial, School of Dramatic Arts, University of Michigan, Ann Arbor , Indiana University, Bloomington, Northeastern University, United Nations, University, Vermont’s, Columbia University, National Academy of Sciences, Los Angeles police, Community, Dodger, California Supreme, MacArthur, Rossier School, Education, Jewish, commencements, New York Times, Microsoft, Media, “ Locations: University of Southern California, Los Angeles, Coast, Aude, Pasadena, Gaza, Ann Arbor ,, Boston, U.S, Israel, U.S.C, California, San Bernardino County

☆ Chinese Magnate in Straw Donor Scheme Agrees to Leave U.S. in Plea Deal
▼ + stars: | 2024-05-09 | by ( Karen Zraick | Bianca Pallaro | ) www.nytimes.com time to read: +1 min

A Chinese entertainment magnate who pleaded guilty to making more than $10,000 in illegal political campaign donations to three candidates, agreed in federal court on Thursday to give up his green card and leave the United States. Hui Qin, 55, had been in jail in Brooklyn since his arrest in October. One of the candidates was Mayor Eric Adams, according to two people familiar with the case, though none of the campaigns knew the donations were illegal, prosecutors said. In March, Mr. Qin pleaded guilty to charges of making campaign contributions in the names of others, immigration fraud and producing false identification. His company collapsed, he was the target of lawsuits and his wife, Emma Liu, left him, Mr. Mazurek said.

Persons: Hui Qin, Eric Adams, Qin, Henry Mazurek, Joan M, ”, Emma Liu, Mazurek Organizations: Mr Locations: United States, Brooklyn, Long, China

☆ Want to boost your productivity? Hit the movies during work, expert says
▼ + stars: | 2024-05-09 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +4 min

At least, that's one productivity tip from Cal Newport, a Georgetown University professor and author of "Slow Productivity." Newport's latest book aims to help people eliminate what he calls "pseudo productivity," or the performance of busyness, and to replace that effort with outcomes-based work. "What matters is, what are you producing over time, and how good is the stuff you're producing?" The basic principles of switching to slow productivity are to do fewer things, work at a natural pace and obsess over quality. You could also try working in cycles.

Persons: Newport Organizations: Cal Newport, Georgetown University, Newport, CNBC Locations: Cal, Newport, Basecamp

☆ These global tech stocks have beaten the S&P 500 this year — and analysts give them over 20% upside
▼ + stars: | 2024-05-08 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

U.S. stocks have been rather volatile in the past month, but in the past week they had a strong run on hopes of rate cuts. Tech stocks, which would be boosted by rate cuts, have been a big part of that rally — with Meta , Alphabet and Amazon in particular having a strong showing over the past couple of weeks. Elsewhere, analysts are getting more optimistic on China stocks, especially those in the tech sector. Kevin Liu, managing director and strategist at CICC Research, said his conviction call would be a structural barbell allocation with themes including tech names "with high-end upgrading opportunities," among others. Stock screen Against this backdrop, CNBC Pro screened FactSet for stocks from four exchange-traded funds (KraneShares CSI China Internet ETF, Vanguard Information Technology ETF, Invesco China Technology ETF and the iShares MSCI China Multisector Tech ETF) to find stocks that: have beaten the S & P 500's around 9% year-to-date performance.

Persons: Bernstein, Kevin Liu Organizations: Dow Jones, Tech, UBS, CICC Research, CNBC Pro, CSI China Internet, Vanguard Information Technology, China Technology ETF, China Multisector Tech Locations: China

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ China Is Way Ahead in Green Energy. Here’s Why That’s Risky for the U.S.
▼ + stars: | 2024-05-08 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

The world’s two most powerful countries, the United States and China, are meeting this week in Washington to talk about climate change. In an ideal world, where the clean energy transition was the top priority, they would be on friendlier terms. Maybe affordable Chinese-made electric vehicles would be widely sold in America, instead of being viewed as an economic threat. Instead, in the not-ideal real world, the United States is balancing two competing goals. Its concern is that Chinese dominance of the global market for these essential technologies would harm the U.S. economy and national security.

Persons: Biden, John Podesta, Liu Zhenmin Locations: United States, China, Washington, America, Nevada, Beijing

☆ Will China's comeback stock rally last? Wall Street weighs in and shares stock picks
▼ + stars: | 2024-05-07 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

China stocks have staged such a strong rally after a protracted slump for the past few years that they're beating even the S & P 500 so far this year. The MSCI China index, which includes the mainland A-shares, Hong Kong-listed shares and U.S.-listed China names, has jumped around 9%, while the KraneShares CSI China Internet ETF is up around 13%. Most analysts said whether the rally can be sustained will largely depend on China policy. How to play China Though most were bullish on China stocks, they would be selective in stock-picking. They include: SPDR S & P China ETF iShares MSCI China A ETF Global X MSCI China Consumer Disc ETF iShares MSCI Hong Kong ETF — CNBC's Michael Bloom contributed to this report.

Persons: Bernstein, it's, —, Goldman Sachs, Kevin Liu, CICC, Nomura's, Goldman, Kweichow, Ping, Morningstar, Michael Bloom Organizations: U.S, CSI China, Investors, CICC Research, CNBC, BYD, SAIC, Changan Automobile, Energy, Anhui, Cement, JPMorgan, Kuaishou, Ping An Insurance, China Merchants Bank, Hong, China, iShares, China Consumer Locations: China, Hong Kong

☆ This American bought a $1 home in Italy and spent $35,000 renovating it: 'It's much easier to be happier here'
▼ + stars: | 2024-05-05 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +4 min

When Rubia Daniels heard a town in Italy was selling off abandoned homes for 1 euro each (or roughly $1.05), she had to take a look herself. Rubia Daniels is from Berkeley, Calif., and bought several 1-euro houses in Mussomeli, Sicily. "It's much easier to make friends in Sicily than it is to make friends back in California," Daniels says. "It's a much more stressful way of living," Daniels says. Rubia Daniels 1-euro homeowner in Mussomeli, Sicily

Persons: Rubia Daniels, Daniels, she's, Mickey Todiwala, Nathalie Milazzo, Katerina Montagnino, Montagnino, Leo Organizations: CNBC Locations: Italy, Berkeley, Calif, Mussomeli, Sicily, California, Europe, U.S, Bay

☆ ‘China’s Cape Canaveral’ is booming, fueled by moon mission and space program
▼ + stars: | 2024-05-04 | by ( Lilit Marcus | Marc Stewart | ) edition.cnn.com time to read: +3 min

The city of Wenchang is home to a rocket launch center – and a tourist industry that caters to a growing interest in space-related tourism. China has made no secret of its desire to develop tourism here, drawing inspiration from Florida’s Cape Canaveral – the launchpad for many famous NASA space missions. From celestial scenes in the corridors to a rocket on the breakfast buffet, the sprawling property is inspired by the nearby Wenchang Launch Center. The growth of China’s space program has fueled more interest in all things aeronautic. “Although it’s my 24th time, maybe, to see the rocket launch, I’m still excited about this,” he told CNN.

Persons: Hilton, Justin Robertson, That’s, Yan Zehua, I’m, ”, Liu Guoxing Organizations: CNN, NASA, Hilton, Getty Locations: Hainan, Hanoi, Beijing, Hawaii, China, Wenchang, Florida’s Cape Canaveral, Hainan’s, United States, Canada, France, New Zealand, Malaysia, Japan

☆ Japanese yen: How the currency’s record slump is squeezing the Japanese
▼ + stars: | 2024-05-03 | by ( Juliana Liu | ) edition.cnn.com time to read: +7 min

Higher interest rates in the United States and other countries mean investors can make bigger returns on investments there than they can in Japan. This encourages carry trades, in which investors borrow money in yen to invest it in higher-yielding assets priced in other currencies. That weakens the Japanese currency. A Big Mac costs 50% more in the next cheapest G10 currency, the New Zealand dollar, than it does in yen, he added. … and lots of drawbacksBut the falling yen has caused much pain at home and not just for small businesses like Japan Fraise.

Persons: hasn’t, Hiroko Ishikawa, “ It’s, ” Ishikawa, “, we’re, We’re, Himari Semans, That’s, ” Nigel Green, Kit Juckes, Warren Buffett, ” Sean Callow, ”, Sato Hitomi, Semans, I’ve, —, Laura He, Chris Lau Organizations: Tokyo CNN, US, Reserve, CNN, Nikkei, Bank of Japan, deVere, greenback, Labor, Societe Generale, New Zealand, Japan’s National Tourism Organization, Tokyo’s Locations: Hong Kong, Tokyo, Japan, United States, Sydney, Hawaii

☆ DJT stock: Truth Social keeps shrinking despite the Trump trial and looming election
▼ + stars: | 2024-05-03 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

Yet new data shows its main product — the conservative-friendly social network Truth Social — remains a very tiny player in its industry, and it’s getting even smaller. “If your entire social circle is on a social media platform, that’s a strong pull to sign up. ‘Meme stock’ argumentTrump recently received another 36 million shares of Trump Media as part of a bonus known as earnout shares. Including those new shares, Trump owns 114.75 million shares of Trump Media — a stake valued at $5.6 billion. Of course, Kennedy notes that there is a counter argument that Trump Media is not a typical social media stock, and so traditional metrics like growth and revenue don’t really matter.

Persons: Donald Trump, it’s, ”, Matthew Kennedy, Kennedy, “, Trump, Shannon Devine, ” Devine, Similarweb, Mark Zuckerberg’s Meta, Gettr, Tom Liu, Musk, ” Kennedy Organizations: New, New York CNN, Trump Media & Technology, Trump Media, CNN, Trump, Truth, Renaissance, Social, ” Trump Media, Elon Musk Locations: New York, Similarweb

☆ The top 5 countries where companies are scooping up American tech workers
▼ + stars: | 2024-05-03 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +1 min

Companies around the world are eager to hire U.S. tech talent, and Americans are making moves. Of all the countries in the world, the U.S. has the second-highest number of tech workers working abroad in foreign countries, according to a new tech migration report from Deel, a global HR and payroll company. 1 India, which has the highest number of expat tech workers, and No. As far as where Americans are going, the top countries hiring and relocating U.S. tech workers are:Great Britain Germany Canada Netherlands SpainBy job, U.S. tech workers moving abroad are most likely to work in software development, product and operations. There's a "spirit of innovation" among American tech workers that global leaders want to bring to their businesses, she adds.

Persons: Masha Sutherlin Organizations: Google, U.S Locations: U.S, Deel, India, Britain, Britain Germany Canada Netherlands Spain, There's

☆ China's top climate envoy is coming to the US this month as tensions over green tech run high
▼ + stars: | 2024-05-02 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +1 min

The US is trying to cut itself off from China's green tech like solar, EVs, and batteries. The moves could hit China's economy and risks slowing down the green transition. The US and China, as the world's largest polluters, are key to solving the climate crisis. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. The US wants to protect its factories against competition from cheaper products, which, in turn, could hit China's economy and risk slowing down the green transition.

Persons: Liu Zhenmin, Biden Organizations: Service, Business Locations: China

☆ U.S. issues hundreds of sanctions targeting Russia, takes aim at Chinese companies
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: +1 min

Ukrainian servicemen ride on an armored personnel carrier in a field near Chasiv Yar, Donetsk, on April 27, 2024, amid the Russian invasion of Ukraine. The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow's circumvention of Western measures, including through China. The U.S. Treasury Department imposed sanctions on nearly 200 targets and the State Department designated more than 80 in one of the most wide-ranging actions against Chinese companies so far in Washington's sanctions aimed at Russia. China's support for Russia is one of the many issues threatening to sour the recent improvement in relations between the world's biggest economies. "The Chinese side firmly opposes the U.S.'s illegal unilateral sanctions," he said.

Persons: Janet Yellen, Antony Blinken, Yellen, Liu Pengyu Organizations: The U.S . Treasury, State Department, The U.S, Treasury, World Trade Organization, U.S Locations: Chasiv Yar, Donetsk, Ukraine, United States, Russia, China, The U.S, The, Hong Kong, Washington, U.S

☆ More than half of new grads are worried about basic living costs—how they're changing their job searches to cope
▼ + stars: | 2024-05-02 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

The data, gathered from the college and new grad career site Handshake, shows a similar share of seniors say the current economic news makes them feel pessimistic. 1 priority in looking for a job is to find one that will offer stability, and they're changing some of their career preferences to find it. Elsewhere, students from the class of 2024 were more likely to apply to jobs in construction, agriculture and education, according to Handshake data. Working more than a 9-to-5Rising seniors are preparing to work more than a 9-to-5 in order to make ends meet. Many are also hopeful that side-hustle income can supercharge their savings so they don't have to work a corporate job forever.

Persons: Christine Cruzvergara, Cruzvergara, they've, Young

☆ Student journalists assaulted, others arrested as protests on college campuses turn violent
▼ + stars: | 2024-05-01 | by ( Hadas Gold | ) edition.cnn.com time to read: +9 min

At the University of California, Los Angeles, student journalists reporting on violent clashes between protesters said they were assaulted and gassed. On some college campuses rocked by the demonstrations, access has been restricted to students only, effectively making student journalists the only reliable news media reporting on the campus protests and clashes. Student Editor Anna Dai-Liu told CNN that she was gassed, and other student reporters were assaulted, with one reporter being taken to emergency care. “Student journalists have a unique and essential role on their campuses in observing and disseminating news,” said Gary Green, executive director of the Student Press Law Center. Jelani Cobb, dean of the Columbia Journalism School, also applauded student journalists for their reporting on the campus protests.

Persons: Anna Dai, Liu, “, ETIENNE LAURENT, ”, Adelmi Ruiz, Ruiz, ” Ruiz, Jake Offenhartz, ” Meghnad Bose, CNN’s Gabe Cohen, CNN Meghnad Bose, ” Bose, Julia Vargas Jones, Vargas Jones, Corinne Catibayan, ” Vargas Jones, “ It’s, Gary Green, ” Green, Jelani Cobb, ” Cobb Organizations: CNN — Journalists, At Columbia University, University of California, UCLA, Daily Bruin, CNN, ”, Getty, Israel, “ UCLA, California State Polytechnic University, Humboldt, ABC, Columbia University, Hamilton, Associated Press, Columbia University's Graduate School of Journalism, Columbia Journalism School, Columbia Univeristy, Columbia University’s, Columbia Spectator, UCLA’s Daily Bruin, “, Student Press Law Locations: Israel, Gaza, New York, Los Angeles, Northern California, University of California Los Angeles, AFP, Humboldt County, Hamilton, Philippines, Columbia

☆ Clashes escalate at campus protests nationwide as law enforcement makes mass arrests
▼ + stars: | 2024-05-01 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —From New York to Los Angeles, college campus protests against the war in Gaza turned violent Tuesday night and into Wednesday morning as police sought to clear campuses of protesters in many locations, leading to mass arrests. The flash grenades emit a bright flash and a very loud bang and are typically used to shock and disorient. Officers arrested more than 200 protesters overnight at Columbia and made dozens of additional arrests at City College of New York located about a mile north in Manhattan, according to law enforcement sources. Columbia announced the NYPD could stay on campus through at least May 17, past the university’s commencement ceremony now scheduled for May 15. Brown UniversityAn exception to the escalating conflict was at Brown University in Providence, Rhode Island.

Persons: Nobody, ” Anna Dai, Liu, ”, Israel Organizations: New, New York CNN, Columbia University, City College of New York New, NYPD, Columbia, City College of New, UCLA, University of California, Daily Bruin, CNN, University of Arizona University police, Tulane University University, New Orleans police, Louisiana State Police, Tulane, Brown University, Protesters Locations: New York, Los Angeles, Gaza, City College of New York New York City, City College of New York, Manhattan, Israel, New Orleans, Providence , Rhode Island

☆ This American bought a $1 home in Italy and spent $446,000 renovating it—it improved her work-life balance
▼ + stars: | 2024-04-28 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

Meredith Tabbone first decided to buy and renovate a cheap home in Italy to reconnect with her family history. More than four years and nearly half a million dollars later, her 1-euro home journey has given her a new perspective on work, life, friendships and happiness. Meredith Tabbone spent roughly $475,000 on her dream home in Sambuca di Sicilia. She also bought the building next door and spent the next four years managing a local crew on the massive renovation. In all, Tabbone spent roughly $475,000 on her Italian dream home.

Persons: Meredith Tabbone, Tabbone, Sambuca di Sicilia, Mickey Todiwala, I've, She's, she's Organizations: Sambuca, CNBC Locations: Italy, Chicago, Sicilia, Sambuca, America, Sambuca di, U.S, Sicily

☆ This is the salary it takes to be considered rich in every state
▼ + stars: | 2024-04-26 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

The richest of the rich live in Washington, D.C., where it takes a salary of $719,000 to land in the top 5% of earners. Washington state has seen the most dramatic growth in what it takes to be rich in recent years, according to the report. By 2022, the salary it takes to stay at that level is more than $544,000. Back then, only Connecticut and Washington, D.C., had a 5% top-earning threshold of $500,000. Here's the salary it takes to be considered in the top 5% of earners in each state, listed alphabetically, plus Washington, DC:

Persons: Andrew Murray, Murray Organizations: Washington , D.C, Survey, Amazon, GoBankingRates, D.C Locations: America, Washington ,, Connecticut, Washington, Seattle, U.S, Washington , California , Massachusetts, Hawaii, Virginia, Colorado , New York , New Jersey , Illinois, Maryland, DC

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