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In today's big story, the economy is heading in the right direction, but consumers aren't buying it . Things seem to be going really well for the economy, right? Consumers aren't feeling bullish about the economy these days. Last time around, pesky inflation was keeping things like groceries and housing costs high, even as the rest of the economy showed improvement. China's stimulus plan to boost its ailing economy sent emerging markets indexes to their highest level since April 2022 .
Persons: , Rebecca Zisser, We've, Insider's Juliana Kaplan, Spencer Platt, Getty, Tyler Le, We'll, Morgan, Mike Wilson, Steven Blitz, China's, aren't, Chelsea Jia Feng, weren't, Natalie Ammari, that's, Ron Sherman, Gen, Mark Zuckerberg, Dan DeFrancesco, Jack Sommers, Jordan Parker Erb, Amanda Yen Organizations: Service, Business, Federal Reserve, Conference Board, Fed, Chelsea, Spotify, Visa, US Justice Department, Prosecutors, Meta Locations: Austin , Texas, New York, London
The goal of the document, Donaldson wrote, was to help teach newer staffers the tricks of YouTube that he and his earliest employees mastered through lots of trial and error. Interest in MrBeast's business secrets isn't surprising. ​​"This is not Hollywood and I do not want to be Hollywood," Donaldson wrote. "Every dollar we save allows me to give you guys more stability and hire more people to make your life easier," Donaldson wrote. But, when dealing with people outside MrBeast's company, "never take a No at face value," he wrote.
Persons: , Jimmy Donaldson, Donaldson, He's, MrBeast, , I've, couldn't, we've, wasn't Organizations: Service, Business, YouTube, Netflix, Hulu, Employees Locations: Silicon Valley, Greenville , North Carolina, Hollywood
One of the world's largest e-commerce companies is emerging as a top pick on Wall Street as investors look for tech opportunities beyond the Magnificent Seven. "There was no venture capital for Latin America. Last year, venture-backed companies in Latin America raised $3.3 billion across nearly 1,000 deals, according to PitchBook. E-commerce and online payments are steadily growing, and Latin America has a young, mobile-savvy population of more than 600 million people. "When you look at the penetration of e-commerce in Latin America, it's still quite low compared to the U.S., Europe or Asia," Galperin told CNBC.
Persons: Marcos Gaplerin, Brad Gerstner, Gerstner, CNBC's Scott Wapner, Goldman Sachs, It's, Buenos Aires Galperin, Galperin, MercadoLibre, We've, it's Organizations: Nasdaq, Wall Street, Stanford Graduate School of Business, CNBC, Stanford, eBay Locations: Delaware, Brazil, Argentina, Mexico, Chile, South America, Mercado Pago, Buenos Aires, Palo Alto , California, California, America, Silicon Valley, New York, Sand, West, Latin America, U.S, Europe, Asia
Telegram said it will share with officials the data of users who violate its policies to commit crimes. The announcement comes one month after CEO Pavel Durov was arrested in France. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTelegram is making some changes to its privacy stance, weeks after CEO Pavel Durov was arrested in France and after years of facing moderation and privacy issues.
Persons: Pavel Durov, , Durov, We've Organizations: Service, Business Locations: France
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.
Persons: Jim Cramer, we've, Jensen Huang, Huang, Oppenheimer, , We've, Cintas, Jim Cramer's, Jim Organizations: CNBC, China, Tech, Nvidia, Devices, Broadcom, Jim Cramer's Charitable
The best iPhone 16 Plus screen protectors provide lasting protection against scratching and cracking without breaking the bank. Among the best iPhone 16 Pro screen protectors, our favorite is the Zagg Glass Elite screen protector, with its exceptionally durable aluminosilicate glass. For those on a budget, we recommend JETech's screen protector bundle, which includes three tempered glass screen protectors for a low price. AdvertisementWill an iPhone 15 Plus screen protector fit an iPhone 16 Plus? A screen protector meant for the iPhone 15 Plus should fit the iPhone 16 Plus, and vice versa, as the models' displays are the same size.
Persons: we've, Apple Organizations: Business
Asked if Israel will launch a full-scale ground operation in Lebanon, Herzog insisted that his country did not want war. watch nowHezbollah has continued firing rockets into northern Israel since the attack, most of which have landed in open areas or been intercepted by air defenses. On Saturday, the group launched a salvo of more than 100 missiles into northern Israel, wounding at least five people, Israeli authorities said. Lebanon's health ministry said Israel's strikes on Monday killed at least 558 people, including 50 children, and injured more than 1,800. Israel's leaders have vowed that evacuated residents of northern Israel will be able to return to their homes.
Persons: Isaac Herzog, stoking, Herzog, CNBC's Dan Murphy, Rabih Daher, Antonio Guterres, Guterres, Joe Biden Organizations: Hezbollah, Afp, Getty, 79th United Nations General Assembly, Pentagon, Ibrahim Amro Locations: Israel, Lebanon, Iranian, Lebanese, Gaza, Marjayoun, Beirut, New York, U.N, U.S, The U.S, Damour, Ibrahim
Read previewThis as-told-to essay is based on a conversation with Robert Doyle, a Walmart store manager in Cibolo, Texas. As a store manager, each day is a little different, but the process is the same. At about 8 o'clock I'll start working with my morning management team, which includes a few coaches and some team leads. The technology is growing so fast and it changes day to day to day, and we're working to stay on top of it. I like to present my store as the best store in town — whatever competitor I have, I've got the best store.
Persons: , Robert Doyle, I've, There's, that's, We've, Dominick Organizations: Service, Walmart, Business, Home Office Locations: Cibolo , Texas, DeLand , Florida, Germany, Florida, Illinois, North Carolina, Pennsylvania, Texas
Read previewSen. Kyrsten Sinema, the Democratic-turned-independent senator from Arizona, says she's looking forward to a career in the private sector after she leaves the Senate in a few months. "I'm really excited about what's happening in the private sector right now," Sinema said. Sen. Kyrsten Sinema said at @allinsummit that she's "fairly libertarian" and is interested in working in the private sector after she leaves the Senate. "I struggle with the idea of wanting to eliminate the private industry, because that is where the ideas come from," Sinema said. "That's where the innovation comes from, and that's where the money comes from to fund the social programs that are important to protect the vulnerable in our country."
Persons: , Sen, Kyrsten Sinema, Sinema, we've, they're, pic.twitter.com, SPuAr40NQf — bryan metzger, Jason Calacanis, Joe Biden's, Ruben Gallego, Kari Lake, Sinema's, Mitt Romney Organizations: Service, Democratic, Business, Senate, Infrastructure Law, Democratic Party, Democratic Rep Locations: Arizona, Washington
John Roese, the global chief technology officer and chief AI officer of Dell Technologies. In the long term, those two have to come closer together to achieve the speed necessary for an AI cycle. So the quality of what you produce in your organization as a CTO — if you're going to provide models built in-house — better be superstar quality, or no one's using it. Once you understand that those are high level, then you have to ask if you are actually on a path where if you apply AI, you're going to get to an outcome. DeCesare: I've been most inspired to drive the leverage of AI through the company by finding out how people have applied it.
Persons: Emma Cosgrove, La'Naia Jones, John Roese, Elaine Zhou, Faisal Masud, Erin DeCesare, What's, it's, Claude, It's, She's, ChatGPT, Cosgrove, we've, cocreate, that's, We've, Masud, That's, they're, Jones, You've, Everyone's, Aaron, Jensen, Huang, I've Organizations: Business, BI's, CIA, Dell Technologies, HP, Star, Amazon, Nvidia Locations: Spain, Madrid, Silicon
We're getting hands-on with the Google TV Streamer soon, but until then, we've broken down everything we know so far, including pricing and key features. AdvertisementThe Google TV Streamer is now available to buy for $100 from Amazon, Best Buy, and the Google Store. The Google TV Streamer could challenge the Apple TV 4K and Roku UltraThe Google TV Streamer is clearly designed to compete with the best streaming devices from Apple and Roku. AdvertisementShould you buy the Google TV Streamer? However, its specifications point to a promising performer that could be the flagship streaming device Google fans have been waiting for.
Persons: There's Organizations: Business, Google, Apple, Dolby, Amazon Locations: Amazon
Read previewThis as-told-to essay is based on a conversation with Jonathan Sit, a regional general manager for ONE15 Marina. I joined ONE15 Marina at Sentosa Cove Singapore in 2014 as a management associate for two years before becoming regional general manager. You're starting an argument, and members don't want to argue. Don't put wealthy people on a pedestalIt sounds cliché, but the marina industry is a people business, and members want to be treated like humans. Learning a bit about yachting also helps me relate to the members better.
Persons: , Jonathan Sit, It's, I've, it's, they've, we've, They're Organizations: Service, ONE15 Marina, Michelin Star, Business, ONE15, CNBC Locations: Hong Kong, Singapore, Sentosa Cove Singapore, Sentosa
The truth about promotions
  + stars: | 2024-09-24 | by ( Aki Ito | ) www.businessinsider.com   time to read: +9 min
That was obviously a bad idea, and since then, we've spent a century and a half honing the art and science of promotions. To study promotions, the researchers conducted a series of clever experiments. But in other groups, managers were selected based on their own preferences. What did much better at predicting good managers was intelligence, as measured by a common IQ test. "Don't think, well, they like to talk, and therefore they're going to be a good manager."
Persons: we've, we're, David Deming, It's, Dunning, Kruger, Mark Zuckerberg, Elon Musk, Deming, they'll, Aki Ito Organizations: National Bureau of Economic Research, Employees, Harvard Kennedy School, Harvard, Tech, Business Locations: America
California's attorney general sued ExxonMobil on Monday, alleging that the company had waged a "campaign of deception" for decades to mislead consumers and convince them that recycling was a viable solution for plastic waste. I hope this is going to open the floodgates," said Judith Enck, president of Beyond Plastics, a nationwide project seeking to end plastic pollution. In 1973, industry leaders called those concerned about plastic waste "enemies," according to internal communications from the Society of the Plastics Industry (now known as the Plastics Industry Association), which are cited in the lawsuit. "They were having problems with plastic pollution — people being concerned about it — and they have internal discussions where they say, 'What are we going to do about this?'" In the U.S., the plastic recycling rate has never exceeded 9%, the lawsuit says.
Persons: Rob Bonta, Bonta, Judith Enck, Enck, Leehi, Yona Organizations: ExxonMobil, Superior Court of, Exxon Mobil, Beyond Plastics, Exxon, Mobil, Boy Scouts, Society of, Plastics Industry, Plastics Industry Association, Council, Waste Solutions, Cornell University, Sierra Club, Surfrider Foundation Locations: Superior Court, Superior Court of California, San Francisco, California, U.S, Antarctica, Everest
Read previewThis as-told-to essay is based on a transcribed conversation with Christin Baumgarten, 39, about living in Bali with her husband and two kids. I moved to Bali from Berlin in April 2014. I moved to Bali when it was becoming known as an emerging startup hubI initially just planned to stay in Bali for the length of the three-month internship. Related storiesI was lonely at first, but now I have a husband and 2 kids hereInitially, I found Bali a bit lonely. Another is that following the Ukraine war, lots of people from Russia and Ukraine have moved to Bali.
Persons: , Christin Baumgarten, I'd, I've, we've, I'm Organizations: Service, Business, Tourism Locations: Bali, Berlin, Silicon Valley, Indonesian, Sumatra, Germany, Bali ., Ukraine, Russia, Renon
Read previewDown rounds and flat rounds for VC-backed startups have hit an all-time high this year since 2014. And AI startups, which have been the darlings of the tech ecosystem since late 2022, aren't exempt from the trend. The deal was seen by some investors as an omen for a wider phenomenon in the AI ecosystem — an impending wave of flat rounds and down rounds. "Investors went crazy for AI startups with zero revenue, at higher valuations, which will be an issue," said Umesh Padval, managing director at Thomvest Ventures. Down rounds are on the riseIn 2022, 90.2% of AI startups in the US raised up rounds, while 6.5% raised down rounds, according to PitchBook data.
Persons: , we've, Andreas Riegler, Umesh Padval, Padval, Francesco Ricciuti Organizations: Service, Microsoft, Business, Big Tech, APEX Ventures, Jasper, Google, Thomvest Ventures, Runa Locations: London
Some of the four people killed in a deadly Alabama shooting had "extensive criminal" histories and might have been killed in a "cowardly" murder-for-hire hit, authorities said Monday. Multiple shooters pulled up in a vehicle, got out and opened fire before they got back inside the vehicle and fled, authorities said. "Some of the individuals that were killed have extensive criminal histories," Birmingham Police Chief Scott Thurmond told reporters. And so that’s that’s part of it." Holloman was from Bessemer and the other three were from Birmingham, officials said.
Persons: , There's, Scott Thurmond, there’s, Thurmond, Randall Woodfin, Tahj Booker, Carlos McCain, Roderick Lynn Patterson Jr Organizations: Birmingham Police, Authorities, FBI, Birmingham, Anitra Holloman, Holloman Locations: Alabama, Birmingham, Alabama’s, Bessemer
Luxury stocks slip as fears grow of a prolonged downturn
  + stars: | 2024-09-23 | by ( Jenni Reid | ) www.cnbc.com   time to read: +3 min
Bloomberg | Bloomberg | Getty ImagesLONDON — European luxury stocks tumbled on Monday as analysts warned of a deteriorating demand outlook, particularly among high-spending Chinese consumers. "Following the post-Covid peak in consumption in 2022, luxury sector revenues have been sequentially slowing. Across European luxury firms, they expect a 1% revenue decline in 2024. The Stoxx Europe Luxury 10, an index tracking top names in the sector, managed to hold flat but has fallen 3.82% in the year to date. 'Prolonged period of weakness'They're not alone in their bearish view on Europe's luxury sector.
Persons: Hugo Boss, Germany's Hugo Boss, Burberry, Kering, Hermes, Jon Cox, Kepler Cheuvreux, CNBC's, Cox Organizations: Hugo, Hugo Boss AG, Bloomberg, Getty, Bank of America, Korean, BofA Securities, Kepler, U.S, CNBC, Burberry Locations: Shanghai, China, American, Europe
Below, we'll show you everything you need to know about how to watch the Commanders vs. Bengals, including a free streaming option. If you're hoping to check out even more NFL games this season, make sure to bookmark our how to watch NFL streaming guide for a full breakdown of all of your watch options. How to watch Commanders vs. Bengals in the USThe Commanders vs. Bengals game kicks off on Monday, September 23, at 8:15 p.m. Fubo is a sports-centric live TV service with more than 180 channels, including broad local channel coverage. Check price at FuboHow to watch Commanders vs. Bengals in the UKIn the UK and many other countries, you can find all your NFL needs through a DAZN NFL Game Pass subscription.
Persons: ExpressVPN, we've Organizations: Business, Cincinnati, Bengals, Washington, Cincinnati Bengals, AFC North, NFC, NFL, ABC, US Locations: Washington
Read previewConsumers could end up paying the (personalized) price as AI becomes more popular, FTC Chair Lina Khan recently warned. Khan said that dynamic pricing, while a separate pricing strategy, may have helped price targeting become more prevalent as people become increasingly used to encountering it. Dynamic pricing itself has already proven controversial in some areas. Wendy's received major heat from customers after announcing plans to introduce dynamic pricing and AI-enabled menu changes as early as 2025. Later, the fast-food chain clarified that its dynamic pricing would not raise prices but rather only provide discounts.
Persons: , Lina Khan, Khan, there's, we've, Wendy's, Kroger, Elizabeth Pancotti, Pancotti Organizations: Service, Innovation, Business, FTC, Microsoft, Walmart, Roosevelt Institute
Learn more9-1-1: Lone Star is back for one final season of the high-stakes first-responder drama. We'll show you everything you need to know about where to watch 9-1-1: Lone Star, whether you want to tune in live or don't mind waiting a day to see it on-demand. While the original 9-1-1 moved to ABC earlier this year, 9-1-1: Lone Star is finishing out its run on FOX. Where to watch 9-1-1: Lone Star in the US9-1-1: Lone Star airs on FOX on Mondays at 8 p.m. Check price at ExpressVPNHow to watch 9-1-1: Lone Star with a VPNSign up for a VPN if you don't already have one.
Persons: Rob Lowe, Ronin Rubinstein, Gina Torres, Rafael Silva, Brian Michael Smith, Natacha Karam, Jim Parrack, you've, it's, ExpressVPN Organizations: Business, Star, ABC, FOX, Lone Star, Sling, DirecTV, Bravo, DirecTV Stream, Hulu Locations: Austin , Texas, USA
At the end of my work days, I often found myself sitting in my car, bursting into tears. All of this prompted me to quit my job in the worst way possible. My actions created discomfort at the officeLater that day, my boss sent an email to everyone detailing my resignation. Instead, I lied, which any boss would be able to see through, and that created distrust in those last four weeks. I didn't burn any bridges, but there was a sour taste left in both our mouths.
Persons: , could've Organizations: Service, Business
The best iPhone 16 Pro Max screen protectors offer durable protection and an installation tool for seamless application. For top options, see our guide to the best iPhone 16 Pro Max cases. AdvertisementWill an iPhone 15 Pro Max screen protector fit an iPhone 16 Pro Max? An iPhone 15 Pro Max screen protector will not fit the iPhone 16 Pro Max, and vice versa. To protect the previous model instead, see our guide to the best iPhone 15 Pro Max screen protectors.
Persons: Max Organizations: Business, Apple, Privacy Guard
Read previewBig Tech is getting excited about nuclear power — and now Wall Street wants a piece of the action. However, their involvement could be crucial in helping meet the emissions target laid out in last year's COP28 climate conference and revive the nuclear energy sector. AdvertisementThat might soon change, and it's not just Wall Street getting more interested in nuclear power. Meanwhile, TerraPower, a company cofounded by Bill Gates, is planning a new nuclear power plant in Wyoming. AdvertisementGoldman Sachs, Morgan Stanley, Bank of America, Barclays, BNP Paribas, did not immediately respond to requests for comment from Business Insider, sent outside normal working hours.
Persons: , Goldman Sachs, Morgan Stanley, Nuclear's, it's, OpenAI, Larry Ellison, We've, they've, Bill Gates Organizations: Service, Tech, Bank of America, Financial Times, Business, Citi, Barclays, BNP, US, Nuclear, Big Tech, Microsoft, ChatGPT, Oracle, Royce Locations: New York, Wyoming
Read previewThe list of companies abandoning remote work is growing. But for some experts, remote work won't die either. "There's a big race for talent out there," she told Business Insider, adding that "attracting talent into a business is hard these days." For others, flexible work has become a game changer and one they can't see themselves looking back on. In contrast, other companies will continue to embrace the advantages of flexible work.
Persons: , Andy Jassy, PwC, Goldman Sachs, Kate Palmer, Palmer, Daniel Wheatley, Wheatley, Jassy Organizations: Service, Amazon, Big, Business, Citigroup, HSBC, Barclays, JPMorgan, Peninsula, University of Birmingham
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