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Guests posing for a group photo at the "Let's Go the Extra Mile" hospitality campaign launch ceremony at the Central Government Office in Hong Kong on June 3, 2024. In response, the Hong Kong government launched a campaign – titled "Let's Go the Extra Mile" – encouraging frontline staff and members of the public to demonstrate good hospitality and "reinforce Hong Kong's brand as the best tourism destination." Hong Kong's currency is pegged to the U.S. dollar, which has helped the city's status as an international financial center. "Both have become equal problems for Hong Kong," he said. While the city's borders were closed during the pandemic, nearby Shenzhen continued to develop into a top-tier Chinese city, Lee said.
Persons: Long, John Lee, Hong Kongers, Allan Zeman, Lan, Kwai, Zeman, mainlanders, Simon Lee Siu, Lee Organizations: Central Government Office, Nurphoto, Getty, Hong, Lan Kwai Fong Group, U.S ., U.S, Sports, Tourism Bureau, HK, Pacific Institute of Business, Chinese University of Hong, Shenzhen Locations: Hong Kong, Shenzhen, Hong, Japan, Asia, Chinese University of Hong Kong
Carolina Williams went viral in 2017 for her unique Papa Johns-inspired essay that earned the teen admission into Yale University. The first member of her family to go to college, Williams didn't necessarily have her heart set on an Ivy League education. She loved both Yale and Auburn's campuses and could see herself as a member of either student body. But Auburn's analytics program, along with its much closer proximity to her home and family in Tennessee, won Williams over. Here's why she skipped the Ivy League and how it's worked out for her post-grad.
Persons: Carolina Williams, Papa Johns, Williams, I've, it's Organizations: Yale University, Ivy League, CNBC, Auburn University, Yale Locations: Alabama, Tennessee
US stocks dipped on Friday after the S&P 500 and Nasdaq 100 reached record highs four days in a row. Investors expect the Federal Reserve to begin cutting interest rates at its September FOMC meeting. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Friday's decline in stocks was preceded by a sharp decline in European stocks, as recent election results continue to make waves in France and Germany. The market currently expects the Fed to begin cutting interest rates at its September FOMC meeting.
Persons: Loretta Mester, , DAX, Austan, Mester Organizations: Nasdaq, CNBC, Investors, Federal Reserve, Service, University of Michigan, Fed, Here's Locations: France, Germany
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumer sentiment dimmed in June, University of Michigan survey showsCNBC's Rick Santelli reports on the latest economic data to cross the tape.
Persons: Rick Santelli Organizations: University of Michigan
Fatherhood is good for dads. Here’s why
  + stars: | 2024-06-14 | by ( Elissa Strauss | ) edition.cnn.com   time to read: +9 min
CNN —Many arguments about why dads should do more parenting focus on why that would be good for their wives or partners and kids. Simon & SchusterBut with their kids, dads have a chance to explore all these sides and more, often away from the scrutiny of the public eye. Dads really are doing more careIt may not always feel like fathers are doing more parenting, but they are. One cross-national study found that dads spent an average of 16 minutes a day caring for their kids in 1965. Also, dads find parenting “extremely important to their identity,” and enjoyable and rewarding nearly identically as often moms do.
Persons: It’s, Elissa Strauss, Simon, Schuster, ” Matt Englar, Carlson, Eric Gardner, Gardner, ” Gardner, ” Stephanie Coontz, , Brad Harrington, Harrington, they’re, , Caregiving, Brian Anderson, David Bullman, Bullman, I’m, , ” Elissa Strauss Organizations: CNN, Center for Boys, California State University, Fullerton, US Army, Boston College Center for Work, American Psychological Association, Others Locations: Colorado Springs
The Supreme Court has been moving at a sluggish pace in issuing decisions this term, entering the second half of June with more than 20 left to go. That is not terribly different from the last two terms, when the pace at which the court issued decisions started to slow. Over the almost two decades in which Chief Justice John G. Roberts Jr. has led the court, it has on average decided 72 percent of argued cases by this point in the term, according to data compiled by Lee Epstein, a law professor and political scientist at the University of Southern California. The corresponding number for the previous court, led by Chief Justice William H. Rehnquist from 1986 to 2005, was 78 percent. But in the last three terms, the court has decided no more than 62 percent of the term’s cases by June 14.
Persons: John G, Roberts, Lee Epstein, William H, Rehnquist Organizations: University of Southern, Chief Locations: University of Southern California
Read previewThe G7 summit has long been a showcase of global leadership and power. But 2024's group of leaders appears to be one of the weakest that has attended the summit for some time. French President Emmanuel Macron, Italian Prime Minister Giorgia Meloni, US President Joe Biden, and Japanese Prime Minister Fumio Kishida at the G7 summit. 'Brittle at best'Payne argued that some of the G7 leaders aren't outright weak; rather, they face circumstances that threaten their authority. And right now, the domestic foundations of most of the G7 leaders are brittle at best," he added.
Persons: , Inderjeet Parmar, Emmanuel Macron, Olaf Scholz's, Rishi Sunak, Giorgia Meloni, Joe Biden, Fumio Kishida, Antonio Masiello, Andrew Payne, Payne, Donald Trump, Hunter Biden's, Parmar, aren't Organizations: Service, Business, Politico, City University of London, EU, Olaf Scholz's Social Democrats, Christian Democrats, Social Democrats, White House Locations: Canada, France, Germany, Italy, Japan, Italian, Ukraine
Australia is the only other country besides the US to dominate the “impossibly unaffordable” list, led by Sydney and the southern cities of Melbourne in Victoria and Adelaide in South Australia. But it also blames soaring house prices on land use policies, including “urban containment,” a kind of planning designed to stop urban sprawl. “Toronto and Vancouver show that the cost of taming expansion is unacceptably high: inflated house prices, higher rents and, for increasing numbers of people, poverty,” Cox wrote. The report was compiled by researchers from the Center for Demographics and Policy at Chapman University in California and the Frontier Centre for Public Policy, an independent public policy think tank in Canada. Top 10 “impossibly unaffordable” cities
Persons: it’s, William West, Tyrone Siu, Wendell Cox, Valier, ” Cox, , St Louis Organizations: CNN, Getty, Hong, Victoria Harbour, Frontier Centre, Public Policy, Canada, Canadian, New, St, Chapman University in Locations: United States, , West Coast, Hawaii, California, San Jose , Los Angeles, San Francisco, San Diego, Honolulu, Australia, Sydney, Melbourne, Victoria, Adelaide, South Australia, Maribyrnong, AFP, Hong Kong, Singapore, New Zealand, Toronto, Valier Macon, Vancouver, Pittsburgh, Rochester, Edmonton, Calgary, Canada, Blackpool, Lancashire, Glasgow, United Kingdom, Perth, Brisbane, Chapman University in California
The Woman Who Could Smell Parkinson’s
  + stars: | 2024-06-14 | by ( Scott Sayare | ) www.nytimes.com   time to read: +1 min
Joy’s had always been an unusually sensitive nose, the inheritance, she believes, of her maternal line. Les only learned of Joy’s peculiar nose well after their relationship began, on a trip to the Scandinavian far north. Joy would not stop going on about the creamy odor of the tundra, or what she insisted was the aroma of the cold itself. Faced with the prospect of tending to his mother alone, however, Les begged her to stay in Scotland. He trained as a doctor, she as a nurse; they married during his residency.
Persons: Joy’s, Joy, quizzing, Les, anesthesiologist Organizations: General Hospital Locations: Paris, Rome, Scotland, Macclesfield, Manchester, England
Yields and prices move in opposite directions and one basis point is equivalent to 0.01%. The 10-year Treasury yield was trading around 4.211% at 6:29 a.m. The 2-year Treasury note yield was down 1 basis point at 4.679%. U.S. Treasury yields fell again on Friday as data released this week pointed to easing inflation. Correction: A previous version misstated the magnitude of a decline in the 10-year Treasury note yield.
Persons: Henry Allen, — Jeff Cox Organizations: U.S, Treasury, Rabobank, Deutsche Bank, U.S . Federal, US, University of Michigan
“I believe he’ll be a pro-life president in the future also.”Many senior Trump administration alumni and allies are now mapping out and drafting policy options for a second Trump term. A second Trump term would also put back in place and expand restrictions on Title X grants – federal funds for public and nonprofit groups that provide family planning. Resurrecting these actions in a second Trump would almost entirely be up to the discretion of whomever he appoints to lead the relevant federal agencies. With Roe v. Wade’s protections erased, anti-abortion activists would like a second Trump administration to push harder than it did before – especially in restricting access to mifepristone. Abortion rights advocates worry he could play an outsize role shaping abortion restrictions in a potential second Trump administration.
Persons: Donald Trump’s, Ronald Reagan, , Roe, Wade, Dobbs, Trump, ” Trump, , Trump –, Joe Biden’s, Kellyanne Conway, ’ ”, Mary Ziegler, Davis, Roger Severino, Trump’s, Reagan, Biden, ” Julie Lewis, Ziegler, David S, Cohen, Comstock, Skye Perryman, ” Mark Lee Dickson, Donald J, ” Dickson, “ He’s, Jonathan Mitchell, Mitchell Organizations: CNN, Trump, New, Capitol, “ Republicans, Democratic, Republican, Fox, Heritage Foundation, Biden’s, Department, University of California, Trump Health, Human Services, HHS, Food and Drug Administration, DOJ, UC Davis, Food, FDA, ” Drexel University, White, Justice Department, Democracy, Department of Justice, Cities, mifepristone, Time Locations: New York, Florida, Arizona, Mexico, Texas, America, United States, Colorado
The three-day in-office hybrid work schedule is a "win-win-win," according to a study published in the prestigious science journal Nature. Non-manager attrition for hybrid employees had a 2.4% rate, a one-third reduction from the control group of 7.2%. When managers measured employees in nine categories of performance, execution and results, hybrid employees succeeded at the same rate. By the end of the experiment, managers positively viewed hybrid work as a potential asset to the company rather than a detriment to productivity. From an economic policymaking standpoint, hybrid work is one of the few instances where there aren't major trade-offs with clear winners and clear losers.
Persons: Nick Bloom, Bloom, Ruobing Han, James Liang, Trip.com, JPMorgan Chase, Jamie Dimon, Mark Zuckerberg Organizations: Stanford's Institute for Economic, Boeing, UPS, Nike, JPMorgan, University of Pittsburgh Locations: Shanghai, U.S
In June 2024, Forbes compiled a list of colleges with the most billionaire alumni. Of the 12 universities represented, seven are Ivy Leagues. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In June 2024, Forbes released a list of the colleges with the most billionaires in their alumni network. This story is available exclusively to Business Insider subscribers.
Persons: Forbes, , Ivy Organizations: Ivy Leagues . University of Pennsylvania, Service, Ivy Leagues, Brown University, Business
Budapest CNN —For most of the last century, the story of the Gresham Palace closely mirrored that of the city in which it was built. This summer, the building – one of the finest examples of Art Nouveau design in Budapest – is celebrating two decades in its most recent incarnation, as the Four Seasons Gresham Palace, a luxury hotel with panoramic views of the mighty Danube river. Four Seasons Gresham Palace“Gresham Palace and its coffee house were famous among artists and collectors,” says Laszlovszky. “The Gresham Palace has been born again in wonderful unity, serving as a crown jewel of outstanding beauty that complements our magnificent Chain Bridge.”‘Extraordinary history’The palace was once a hangout for Budapest's intellectuals. Four Seasons Gresham PalaceSince its reopening in 2004, the Four Seasons Hotel Gresham Palace has provided visitors with a well-appointed sanctuary, offering 179 rooms and suites with panoramic views of the Danube or the cityscape.
Persons: Gresham, , József Laszlovszky, – it’s, Zsigmond, Countess Irma Széchenyi, Thomas Gresham, József Vágó, Miksa Róth, , Pál, Béni, József, István Szőnyi, Gabor Kruppa, Miklós Szenkirályi, ” Szenkirályi, ” Thibaut Drege, what’s, Chef Árpád Győrffy, that’s Organizations: Budapest CNN, Gresham, Budapest –, Central European University, CNN, , Gresham Life Assurance Company, Nouveau, Venezia Café, Four, CNN Travel, Europeans, d’Or, Hollywood Locations: Budapest, Hungarian, Buda, Pest, Óbuda, “ Buda, Gresham, Vienna, Paris, d’Or Hungary
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed still has a bias to cut rates, and they'll cut twice this year: Former Fed VC Alan BlinderAlan Blinder, former Federal Reserve vice chairman and Princeton University professor, joins 'Squawk on the Street' to discuss if the Federal Reserve has a bias to cut rates, how soon they'll cut rates and how many times.
Persons: they'll, Alan Blinder Alan Blinder Organizations: Federal Reserve, Princeton University
New pterosaur species discovered by Australian farmer
  + stars: | 2024-06-13 | by ( Jack Guy | ) edition.cnn.com   time to read: +4 min
CNN —An amateur paleontologist has discovered a new species of pterosaur, a flying reptile that lived alongside dinosaurs around 100 million years ago. Kevin Petersen, an avocado farmer and curator of the Kronosaurus Korner fossil museum in northwest Queensland, Australia, unearthed a number of fossilized bones in western Queensland in 2021. Fewer than 25 sets of pterosaur remains belonging to four species have been found in Australia since the 1980s, while more than 100 sets have been found in Brazil and Argentina. In finding Haliskia, Petersen found the most complete specimen of any pterosaur discovered in Australia to this day, Pentland said in the statement, praising Petersen for his “careful preparation” of the remains. “I’m thrilled that my discovery is a new species, as my passion lies in helping shape our modern knowledge of prehistoric species,” he said in the statement.
Persons: Kevin Petersen, Korner, Haliskia, Adele Pentland, ” Pentland, Pentland, , Petersen, , Kronosaurus Korner, “ I’m, Palaeontologists, Victoria – Organizations: CNN, Curtin University, Curtin’s School of, Planetary Sciences Locations: Queensland, Australia, Perth, Brazil, Argentina, Australian, Victoria
But below the surface, the mini marine sanctuary is also a test bed for underwater technology that may take researchers to literal new depths. In the ocean, Underwater IoT could look like floating sensors, swarms of crewless vehicles, or a tetherless, wireless robot. Interest in ocean IoT is increasing because of its potential scientific, military, commercial, and conservation applications. AdvertisementWaleed Akbar, a research assistant at the MIT Media Lab, said that while developing underwater IoT is challenging, it's necessary. There's also the issue of energy consumption: Generally, preliminary underwater IoT devices have used batteries with limited capacity.
Persons: Wahoo Bay, Rob Wyre, Waleed Akbar, Akbar, There's, Dimitris Pados, Pados, Wahoo, Wahoo Bay . Florida Atlantic University Pados, they'll, Wyre, We've Organizations: Shipwreck, Wahoo, Florida Atlantic University, MIT Media Lab, MIT, Business, US Navy, Center for Connected Autonomy, Artificial Intelligence, Wahoo Bay . Florida Atlantic University Locations: Pompano Beach , Florida, Wahoo, Wahoo Bay ., Pompano Beach, Wyre, Wahoo Bay
For many college students, attending a prestigious Ivy League school is a dream come true. But many commentators and admissions experts now have a slightly wider view of schools that are on par with the Ivy League. These days, several colleges, including Stanford University, are known as "Ivy-Plus" schools. For the 2024-25 school year, tuition alone at Stanford costs $65,127. Here's how much students typically pay to go to Stanford.
Organizations: Ivy League, Stanford University, Stanford, Massachusetts Institute of Technology, The University of Chicago, Duke University, Ivy, U.S . News Locations: U.S
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. Stocks little changed: Markets were mixed to lower Thursday following a rally to new record highs Wednesday. 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.
Persons: Jim Cramer, Danaher, Tony Hunt, Repligen, Stifel, we'll, Jim Cramer's, Jim, Andrew Kelly Organizations: CNBC, Treasury, Broadcom, Jim Cramer's Charitable, New York Stock Exchange Locations: financials, Michigan, New York City, U.S
Ladislav Kubeš/iStockphoto/Getty ImagesCNN: Let’s start by talking about tick-borne diseases, specifically Lyme disease. Dr. Leana Wen: In the United States, Lyme disease is the most common vector-borne disease and is transmitted by ticks. People who contract Lyme disease may experience temporary symptoms similar to the flu, such as muscle aches, fever and headache. CNN: Has the incidence of Lyme disease increased in recent years? While most US cases involve travelers who contracted malaria from other parts of the world, locally transmitted cases have occurred, too.
Persons: Leana Wen, Wen, Ladislav Kubeš, Lyme, You’ve Organizations: CNN, Northern, George Washington University, Getty, US Centers for Disease Control, US Environmental Protection Agency Locations: Lyme, West, United States, Florida , Texas, Arizona, California, Maryland
Senator Chuck Grassley, a Republican from Iowa and ranking member of the Senate Budget Committee, during a hearing in Washington, DC, on Tuesday, March 12, 2024. As Congress wrestles with a looming decision over trillions in expiring tax breaks, lawmakers and experts in a Senate Budget Committee hearing debated several Democratic proposals for higher taxes on corporations and wealthy Americans. Proponents said the plans aim to address income inequality and the federal budget deficit. However, many of these proposals, such as reforms to carried interest, have failed to gain broad support even among Democrats, said Sen. Chuck Grassley, R-Iowa. While carried interest reform was originally included in the Inflation Reduction Act, those changes were removed before the bill passed in the Senate.
Persons: Chuck Grassley, Joseph Stiglitz, Sen, Mitt Romney Organizations: Republican, Finance, Biden, Trump, Columbia University, Senate Locations: Iowa, Washington ,, R, Utah
My goal was to move in 2024, so my biggest year in concerts was either now or never. I went to a total of nine concerts and music festivals in 2023, experiencing icons like Usher and Beyoncé live, and spent more than $3,000 on tickets alone. I spent $3,235.12 on concert tickets in 2023: Here's the breakdownThis cost doesn't factor in travel and hotel expenses. Going to concerts and music festivals also helped me to reconnect with friends from college who enjoy live music experiences just as much as me. We're halfway through 2024, and I've been to one concert and one music festival, compared to five by this time last year.
Persons: spender, wouldn't, Usher, Beyoncé, Ellis, Arthur C, Brooks, Flog Gnaw, Tyler, I've Organizations: CNBC, Harvard University Locations: New York, New Jersey, Philadelphia, Las Vegas, Los Angeles
We all know, or perhaps have been, that colleague who vents to their co-workers about how stressed they are. People who brag about their stress levels at work are seen as 'less competent and less warm' by their peers, researchers found. This is because they can seem out-of-touch with their colleagues, says Jennifer Gunsaullus, a sociologist and relationship expert. "It feels self-absorbed," Gunsaullus says. That's not someone who feels likable or warm, somebody we want to be spending more time with."
Persons: Jennifer Gunsaullus, Gunsaullus Organizations: University of Georgia
Republican presidential candidate, former U.S. President Donald Trump speaks during his campaign rally at Sunset Park on June 09, 2024 in Las Vegas, Nevada. Donald Trump on Thursday brought up the idea of imposing an "all tariff policy" that would ultimately enable the U.S. to get rid of the income tax, sources in a private meeting with the Republican presidential candidate told CNBC. Trump in a Truth Social post later Thursday morning said there was "lots discussed, all positive" in the meeting, without providing any more details. Trump's remark about replacing income taxes with tariffs quickly drew critics. Trump was later impeached in the House for inciting the violent mob that stormed the Capitol and temporarily halted the peaceful transfer of presidential power.
Persons: Donald Trump, Trump, Joe Biden, Spokespeople, David Kamin, Catherine Rampell Organizations: Republican, CNBC, Trump, GOP, Capitol Hill Club, Washington , D.C, New York University School of Law, Washington Post, Capitol, U.S, Biden Locations: Las Vegas , Nevada, Washington ,
CNN —Thousands of fish species — about 2,500 of them named — call the Amazon River home, but scientists estimate nearly half of the marine creatures lurking in the massive stretch of water remain undiscovered. The marks inspired the fish’s name, Myloplus sauron, according to a study published Monday in the journal Neotropical Ichthyology. The confusion around pacusBesides Myloplus sauron, the researchers also discovered the species Myloplus aylan, which they described as having a slightly thicker black bar on its flank. The Myloplus genus falls within the Serrasalmidae fish family, which is made up of piranha and pacu species. Researchers hope to study Myloplus sauron and Myloplus aylan further to learn more about their evolution and relation to other species, Pereira said.
Persons: Sauron, Tolkien’s “, , Victória Pereira, Pereira, sauron, Myloplus, Myloplus aylan, pacus, ’ ”, Matthew Kolmann, ” Kolmann, Kolmann, Organizations: CNN, University of Paulista, Amazon, University of Louisville Locations: São Paulo, Brazil, piranhas, Kentucky
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