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The biggest story in media right now has nothing to do with sexting. But recently, Rupert Murdoch has been trying to change those plans, and pass along full control to Lachlan Murdoch, who now has the CEO title at both News Corp and Fox. AdvertisementElisabeth Murdoch and her father, Rupert Murdoch, pictured in 2010. I think Lachlan would hope to figure out ways to keep on keeping on. Related storiesThroughout his career, Rupert Murdoch was always willing to sell assets he'd spent time and money acquiring.
Persons: Rupert Murodoch's, Murdoch, haven't, Rupert Murdoch's, Lachlan, James, Elisabeth, Prudence —, Rupert Murdoch, Lachlan Murdoch, David Folkenflik, Elisabeth Murdoch, Samir Hussein, he'd, didn't, I've, Rupert, Prudence Murdoch, Prudence MacLeod, Evan Agostini, It's, He's, it's, NPR's David Folkenflik, Gabriel Sherman, you've, Suzanne Scott, who've Organizations: Service, Fox News, Business, — News Corp, New York Post, Street Journal, Fox Corp, Fox, News Corp, HBO, Trump . Fox News, Disney, Sky News, Capitol, NPR, Nevada Supreme, Court, Corp, Old Media, Fair, NBC, Street Locations: Reno , Nevada, Nevada, Rupert's, Australia, Reno
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSlight risk of recession coming for German economy, Berenberg's chief economist saysHolger Schmieding, chief economist at Berenberg, discusses the state of German politics and the country's economy.
Persons: Holger Schmieding
Value-investing legend Bill Nygren says the S&P 500 lacks the diversification it once had. Nygren mentioned Corebridge Financial as a top pick that checks all his boxes. AdvertisementThe S&P 500 isn't as risk-free as investors might think, says Oakmark Funds' Bill Nygren, who lamented the S&P 500's growing lack of diversification. "It's become so important to us that we invest with companies that are taking matters into their own hands and using excess capital to repurchase their own stock," Nygren told the outlet on Monday. One stock he pinpointed that fits the bill is Corebridge Financial.
Persons: Bill Nygren, Nygren, , CNBC he's, It's Organizations: Service, CNBC
Newly released federal data shows the US tech workforce is younger than the workforce at large and getting younger still. Tech workers under 25 are becoming more common, while the proportion of workers older than 40 shrinks. There's an age-old perception that tech workers should be young so they can move fast and break things. One of the top qualifications to land a tech job, it seems, is to possess a birth certificate dated after 1990. Women make up just 22% of tech workers — the same proportion of jobs they held in 2005.
Persons: Z, Mark Zuckerberg, Maureen Clough, antiaging serums, Joanna Lahey, Lahey, ageism, John Zeman, Elon Musk, Zeman, John Rizzo, Rizzo, X, Daniel Jolles, Jolles, they're, Amanda Hoover Organizations: Tech, Commission, Texas, M University, Twitter, IBM, The London School of Economics, Business Locations: Silicon Valley, China
—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: CTVA, Katie Stockton Organizations: Invesco DB Agriculture Fund, Wheat, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: CTVA
Apollo Global Management is in talks to invest up to $5 billion into Intel, Bloomberg reports. It follows a separate report that Qualcomm approached Intel about a potential takeover. Go to newsletter preferences Thanks for signing up! AdvertisementIntel could be getting a capital injection of up to $5 billion from asset management powerhouse Apollo Global Management, Bloomberg reported on Sunday. According to the report, the "equity-like" investment is still under discussion, and no deal has been finalized.
Persons: Organizations: Apollo Global Management, Intel, Bloomberg, Qualcomm, Service, Business
Qualcomm is reportedly interested in acquiring Intel, but analysts are skeptical. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 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 . But one of Wall Street's most heeded chip luminaries has waded in, and he's largely not in favor.
Persons: , Stacy Rasgon Organizations: Qualcomm, Intel, Service, Business
CNN —Ukrainian President Volodymyr Zelensky toured a Pennsylvania ammunition plant on Sunday as he began a key visit to the United States in which he is expected to present his blueprint to defeat Russia to President Joe Biden and other allies. “This fall will determine the future of this war,” Zelensky posted on X from his plane before landing in the US. “It is in places like this where you can truly feel that the democratic world can prevail,” he said. He will then travel to Washington for talks with Biden and Democratic presidential nominee, Vice President Kamala Harris. “I want to see what she thinks about this victory plan,” he said of Harris on Friday.
Persons: Volodymyr Zelensky, Joe Biden, Zelensky, Russia –, Biden, ” Zelensky, , Deonte Rowell, let’s, Kamala Harris, , Harris, ” Harris, Donald Trump Organizations: CNN, Scranton Army, Plant, U.S . Army, AP, United Nations General Assembly, Democratic, Biden, NATO, Republican Locations: Pennsylvania, United States, Russia, Scranton, Biden’s, Ukraine, America, United Kingdom, New York, Europe, Washington
CNN —Rates of enterovirus D68 infections are on the rise across the United States, according to the nonprofit WastewaterSCAN network. This common virus can lead to a rare but serious polio-like complication known as acute flaccid myelitis. Dr. Leana Wen: Enterovirus D68 is part of a group of more than 100 non-polio enteroviruses. CNN: What can you tell us about acute flaccid myelitis, the rare but dangerous complication that can result from enterovirus D68 infection? CNN: How likely is it that enterovirus D68 infection will result in acute flaccid myelitis?
Persons: Leana Wen, Wen, myelitis Organizations: CNN, George Washington University, US Centers for Disease Control, CDC Locations: United States
To live a meaningful, fulfilling life, you have to accept that it'll eventually come to an end, says Shoshana Ungerleider. Over the years of caring for ill hospital patients, Ungerleider — a doctor who specializes in internal medicine — has observed regrets among people near the end of their lives, she tells CNBC Make It. Throughout our lives, this present moment is all we have." Here are five regrets she says people often express:I didn't spend enough time with the people I love. Ungerleider's advice for getting ahead of those regrets is simple: Remind yourself that your time is limited and unpredictable, and regularly ask yourself some big, important questions.
Persons: it'll, Shoshana, Ungerleider —, I'd, Organizations: CNBC, Well
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
Ukraine struck a Russian missile storage facility in Russia's Tver region last week. Analysts said it destroyed enough ammo to impact Russian attacks for two to three months. The Institute for the Study of War said more strikes would cause operational pressures for Russia. AdvertisementUkraine's strike on a Russian missile storage facility in Russia's western Tver region destroyed enough ammunition to impact Russian attacks for months, military analysts said. The Institute for the Study of War made the assessment in an update on Sunday, based on Estonian estimates.
Persons: , Ants Kiviselg Organizations: Analysts, Service, Estonian Defense Forces Intelligence Center, Business Locations: Ukraine, Russian, Russia's Tver, Russia, Russia's, Tver, Toropets
Marc Rowan on leadership & the future of Apollo
  + stars: | 2024-09-23 | 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 EmailMarc Rowan on leadership & the future of ApolloCNBC's David Faber sits down with Apollo Global CEO Marc Rowan to discuss the Fed's latest move, the odds of recession, government spending, his future plans for Apollo and more.
Persons: Marc Rowan, Apollo CNBC's David Faber Organizations: Apollo Global, Apollo
Learn moreI'm on a perpetual hunt for the perfect office-appropriate gym bag. Ever been stuck in an elevator with your company's higher-ups while carrying a banged-up gym bag? UPDATE: It's been over a year-and-a-half since I started using the Dagne Dover Landon Carryall, and I've tested many more gym bags in the meantime. Below you can see the interior of the size small carryall, which has less space, but a similar organizational structure. The bottom line:If you need a gym-to-office bag, the Landon Carryall is the one you should be looking at.
Persons: Dagne Dover's Landon Carryall, It's, , Talia Ergas, Dover Landon Carryall, I've, Landon Carryall, Dagne, Dagne Dover, Ellen Hoffman, Landon, it's Organizations: Business, Service, packer, Dagne Dover Organization, Allyn Tote
So she and Maggie had focused their hopes on getting a private scholarship. She considered paying $700 for an online class, heavily promoted on Facebook, that promised to show parents how to find college scholarships. Every year, hundreds of thousands of students like Maggie devote countless hours to the hunt for private scholarships to pay for college. AdvertisementWith the combination of institutional aid and private scholarship she received, Maggie managed to cut her original college bill from $15,000 to $8,000. The illness is treatable, but it's likely to cost the family $5,000 out of pocket — effectively wiping out the financial value of the private scholarship Maggie received.
Persons: Maggie Beam, Siobhan, Maggie, Siobhan —, , Mark Kantrowitz, Kantrowitz, it's, Fastweb, Jeff Levy, you'd, Ed McMahon, Peter Thiel, Ron Lieber, Dawn Brady, Chris Reeves, Aisosa, Levy, Charlain Bailey, she'd, Maggie's Organizations: Winthrop University, Rotary, Facebook, Thiel Foundation, Silicon, Niche, Community Foundation, Lehigh University ., Education's, Winthrop, Schug Foundation, Equitable Foundation, Equitable Locations: Charlotte , North Carolina, Winthrop, Carolina, California, San Diego, Aisosa Ede, Osifo, Dallas, North Carolina
CNN —The man who authorities say sat with a rifle in the trees where Donald Trump was golfing earlier this month in West Palm Beach, Florida, previously wrote a letter stating “this was an assassination attempt on Donald Trump,” according to a new filing by federal prosecutors. One letter, addressed to “The World” said: “This was an assassination attempt on Donald Trump but I failed you. I tried my best and gave it all the gumption I could muster. Routh, 58, was charged with two firearm offenses last week after allegedly fleeing the Trump International Golf Course. Routh’s recent background included a stint in Ukraine, where he unsuccessfully tried to be recruited to fight Russia, as well as time in Hawaii working in construction.
Persons: Donald Trump, Ryan Wesley Routh, ” Trump, Routh, Trump, ” Routh Organizations: CNN, Trump, Prosecutors, Service, of Locations: West Palm Beach , Florida, Iran, Ukraine, Russia, Hawaii
Earth is getting a second moon, a mini-moon asteroid called 2024 PT5, on September 29. This asteroid from the Arjuna asteroid belt will follow a horseshoe path around Earth for 57 days. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. It's an asteroid about the size of a school bus, at 35 feet long, and it has a typical, un-snazzy asteroid name: 2024 PT5. Earth is poised to pick up this hitchhiker from the nearby Arjuna asteroid belt on September 29.
Persons: Arjuna Organizations: Service, American Astronomical Society, Business Locations: It's
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The Dow closed Friday at a record while the S & P 500 did so Thursday . Despite a slight dip in the S & P 500 Friday, the S & P Short Range Oscillator moved further into overbought territory at 7.3%. 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, Stocks, Jim Cramer's, Morgan Stanley, Goldman Sachs, Jim, Jeff Marks, Jeff Organizations: CNBC, Dow, Health, Intel, Qualcomm, Bloomberg News, Apollo Global Management, Apple, Barclays, JPMorgan, Citigroup Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarris vows to encourage innovation of digital assets during NYC fundraiser: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Rich Rines of Core DAO breaks down the latest price moves for bitcoin and ether, and where crypto markets could be headed by 2025.
Persons: Harris, explainers, Rich Organizations: CNBC Crypto, CNBC
Speaking to reporters at a press conference attended by Business Insider ahead of the "Grotesquerie" premiere, Murphy explained how the unexpected casting came about. This story is available exclusively to Business Insider subscribers. "I always have a motto in my world and in my work that a star is a star is a star," Murphy explained. Murphy had just started on pre-production on "Grotesquerie," and he offered to tailor a part in the show specifically around Kelce. According to Murphy, Kelce spent months working with an acting coach, showed up to set off-book, and knew everybody's lines.
Persons: , Taylor, Travis Kelce's, Ryan Murphy, Murphy, Kelce, he'd, Kelce he'd, Travis Kelce, Lois Tryon, Niecy Nash, Betts, Micaela Diamond, hasn't, Nash, Netflix's, Lyle, Erik Menendez, He's Organizations: Service, Business, The Kansas City Chiefs, Kelce Locations: Kelce, The, Hulu
U.S. rate cut, geopolitical woes lift gold to record high
  + stars: | 2024-09-23 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices extended gains to scale a record high on Monday, driven by the momentum generated by the Federal Reserve's interest rate cut and safe-haven demand due to geopolitical risks in the Middle East. Gold prices extended gains to scale a record high on Monday, driven by the momentum generated by the Federal Reserve's interest rate cut and safe-haven demand due to geopolitical risks in the Middle East. Spot gold rose 0.2% to $2,628.28 per ounce, as of 0349 GMT, after hitting a record high of $2,630.93 earlier in the session. The U.S. Fed began its easing cycle with a half-percentage point rate cut on Wednesday, forecasting another half-point cut by year-end and a full point next year. Fed futures traders have priced in 75 basis points in rate cuts by the end of this year, according to CME FedWatch.
Persons: Tim Waterer Organizations: KCM, U.S, Fed, FedWatch Locations: U.S, Israel, Lebanese
London AP —A rare polar bear that was spotted outside a cottage in a remote village in Iceland was shot by police after being considered a threat, authorities said Friday. “In this case, as you can see in the picture, the bear was very close to a summer house. The bear shot on Thursday was the first one seen in the country since 2016. It also found there was a healthy bear population in east Greenland where any bear was likely to have come from. After the shot bear was taken away, the woman who reported it decided to stay longer in the village, Jensson said
Persons: Helgi Jensson, , ” Jensson, Jensson, Anna Sveinsdóttir, Sveinsdóttir Organizations: London AP, Environment Agency, Westfjords, Associated Press, Icelandic Institute of, Wildlife Society, United, Coast Guard Locations: Iceland, Reykjavik, Greenland, Canada, Norway, Russia, United States
Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive. The strategic action requires Northvolt to reduce its global workforce by around 20% and a 25% reduction in Sweden, the firm said. Northvolt, which currently delivers batteries from its first gigafactory Northvolt Ett in Skellefteå, said in March that it had over 6,000 employees. The announced measures come as part of a broader strategic review and in response to what Northvolt described as "a challenging macroeconomic climate." Based in Stockholm, Sweden, Northvolt is one of Europe's most valuable privately-held tech firms that builds lithium-ion batteries for the electric vehicle industry.
Persons: Northvolt, Peter Carlsson, Carlsson, — CNBC's Ryan Browne Organizations: Office, Monday, Volkswagen, Volvo Locations: Northvolt, Sweden, Skellefteå, Stockholm
See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering near 5.70%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are near 5%, according to Zillow data. Last month, 30-year refinance rates averaged 6.59%, while 15-year refinance rates were around 5.90%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.
Persons: you'll, Freddie Mac, it's, they've, They'll, refinance Organizations: Zillow, Fed Locations: Chevron
There are key stock market catalysts on the horizon before November. In a Monday note, Bank of America highlighted the most important days for the stock market between now and the November Presidential election. AdvertisementBank of AmericaNovember 6Technically the day after the election, the most important day for the stock market is November 6, when markets can react to the results. The stock market experienced a similar-sized move on the day after the prior Presidential election, with the S&P 500 jumping 2.2% on November 4, 2020. But now that the Fed has started its cutting cycle, we think labor market data (e.g.
Persons: Organizations: Service, Federal, Bank of America, Investors, Fed Locations: United States
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