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☆ The number of Gen Zers who aren't in work or school is rising. Here's how to tackle it, according to experts.
▼ + stars: | 2024-07-02 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

Read previewA growing number of young people globally are struggling to stay in work or school. "They are searching for places where they can be true to themselves, where mental health is not looked down upon but helped, and where working sometimes from home or a coffee shop is possible." AdvertisementRather than jump on the first opportunities that come along, voluntary NEETs are holding back for the right job. Better guidanceOther career experts agreed that development should start early so students understand the variety of different paths available to them. Experts remain divided over how to address the rise in NEETs, in part because no solution would work for all.

Persons: —, Louis, there's, Sen, Tim Kaine, who's, Nezih Allioglu, Michaela Wright, Friederike Fabritius, Fabritius, Fabritus, Kleeman Organizations: Service, International Labour Organization, Louis Federal Reserve's Institute for Economic Equity, Business, European Commission, Young Enterprise, Governance Association, New Workforce, Prince's, Labour Force Survey, Sustainability, HSBC UK, Google, Deloitte, WSJ Locations: NEETs, NEETS

☆ CNBC Daily Open: Boeing 'guilty plea,' French far-right gains
▼ + stars: | 2024-07-01 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

In this article .N225NKENDAQBA.DJI Follow your favorite stocks CREATE FREE ACCOUNTThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City. Michael M. Santiago | Getty ImagesWhat you need to know todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line

Persons: Michael M Organizations: CNBC, New York Stock Exchange, Santiago, Getty Locations: New York City

☆ Big Tech gets a big win from the Supreme Court
▼ + stars: | 2024-07-01 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +6 min

Read previewThe Supreme Court isn't willing to blow up the internet just yet. The Texas law applied to social media companies with at least 50 million users, while Florida included companies with over 100 million users. As Judge Andrew Oldham wrote in his appeals court decision upholding the Texas law, the Florida law "prohibits all censorship of some speakers," while the Texas law "prohibits some censorship of all speakers." Part of the reason the Supreme Court might have agreed to hear the cases to begin with is because there was a circuit split between the states. But Calvert said on Monday that because the high court's decision is so favorable to the social media companies, that's not likely to happen.

Persons: —, isn't, Paxton, Florida's Moody, NetChoice —, Donald Trump, Andrew Oldham, Clay Calvert, Calvert, Elena Kagan, Kagan, Ken Paxton, Ashley Moody ., that's Organizations: Service, Business, Facebook, Twitter, Capitol, Republicans, Meta, Google, Appeals, Circuit Locations: Texas, Florida

☆ Supreme Court dissents take a 'darker tone' on Trump immunity ruling
▼ + stars: | 2024-07-01 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Supreme Court Justices Sonia Sotomayor, Ketanji Brown Jackson and Elena Kagan laid out grim visions of U.S. democracy in their joint written dissents to the court's Monday decision on former President Donald Trump's claim of presidential immunity from criminal prosecution. "In every use of official power, the President is now a king above the law," Sotomayor wrote. It's more of a warning," LaCroix told CNBC in an interview about the three dissents, written by the only three justices nominated to the court by Democratic presidents. The immediate effect was to send special counsel Jack Smith's criminal election fraud case against Trump back to U.S. District Judge Tanya Chutkan. She will have to rule on whether the criminal charges pertain to official acts Trump carried out as president, granting him immunity, or his private conduct.

Persons: Sonia Sotomayor, Ketanji Brown Jackson, Elena Kagan, Donald Trump's, Sotomayor, Jackson, Alison LaCroix, LaCroix, Jack, Tanya Chutkan, Trump Organizations: University of Chicago, CNBC, Democratic, Trump, Republicans Locations: U.S

☆ Work is getting really weird
▼ + stars: | 2024-07-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The big storyBizarro workplaceLorenzo Matteucci for BILet's be honest: Work has gotten really weird. Workers hiring shadow stand-ins can be unqualified for their jobs, overwhelmed, greedy, or just lazy. Shadow stand-ins are typically paid a fraction of the salary earned by the actual employee. One employee also described to Rob struggling to deal with a shadow stand-in's sub-par work and eventually "firing" them. Getty Images; Alyssa Powell/BIMeanwhile, the people who are doing all the work themselves are having a tough time getting any recognition.

Persons: —, Lorenzo Matteucci, Rob Price, Rob, Alyssa Powell, BI's Aki Ito, Roaring Kitty, Bain, Chris Miller, Greg Peters, Ted Sarandos, Peters, Chelsea Jia Feng, Coach's, David Rosenberg, Donald Trump's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Annie Smith, Amanda Yen Organizations: Service, Business, BI, Super, Facebook, Workers, Corporations, Getty, GameStop, McKinsey, Taiwan Semiconductor Manufacturing Company, Netflix, Walgreens, CVS, Rite, Wimbledon Locations: Chicago, India, Pakistan, China, Taiwan, New York, London

☆ CNBC Daily Open: U.S. seeks Boeing guilty plea
▼ + stars: | 2024-07-01 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. On Friday, the S&P 500 and Nasdaq hit record highs before pulling back. Boeing 'guilty plea'U.S. prosecutors plan to seek a guilty plea from Boeing over a charge related to two fatal 737 Max crashes in 2018 and 2019, attorneys for the victims' family members said. [PRO] Rally will broadenThe tech sector has driven market performance in 2024, with the S&P 500 tech group up 28% and Nvidia soaring 149%, while small-caps have lagged.

Persons: Max, John Donahoe, Morgan Stanley, Stifel, Gregory Greene, Mary Daly, CNBC's Andrew Ross Sorkin, John Stoltzfus, Lisa Kailai Han Organizations: Dow Jones, Nasdaq, CNBC, Hezbollah, Boeing, U.S, The Justice, DOJ, Nike, Federal Reserve, San Francisco Fed, Nvidia Locations: Israel, Iran, Gox, Japanese

☆ Tom Lee stands by $150,000 bitcoin forecast, says 10-year Mt. Gox overhang should disappear in second half
▼ + stars: | 2024-07-01 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Fundstrat's Tom Lee is standing by his $150,000 forecast for bitcoin despite recent weakness in the cryptocurrency. Bitcoin has been stuck in a tight trading range between $60,000 and $70,000 since it touched an all-time high of about $73,000 in March. Gox starting distributions in July – that was a huge overhang for many years," Lee told CNBC's " Squawk Box " Monday morning. BTC.CM= 1M mountain Bitcoin's recent weakness On June 24, the trustee of the now defunct Mt. Additionally, the U.S. and German governments sent large amounts of previously seized bitcoin to exchanges at the end of June, further driving the coin's recent weakness.

Persons: Fundstrat's Tom Lee, Bitcoin, Bitcoin's, Lee, CNBC's, I'd, bitcoin Locations: Mt, U.S

☆ Watch Monday's full episode of the Halftime Report — July 1, 2024
▼ + stars: | 2024-07-01 | 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 EmailWatch Monday's full episode of the Halftime Report — July 1, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

So, let us show you where to watch a France vs. Belgium live stream for free, from anywhere. Actually, you can see the whole tournament for free, as shown in our guide on where to watch free Euro 2024 live streams. How to watch free France vs. Belgium live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including France vs. Belgium today. Where to watch France vs. Belgium in the USAFox/FS1 has the rights to all the remaining matches for Euro 2024 in the USA, including France vs. Belgium. Where to watch France vs. Belgium in SpainAll Euro 2024 matches can be seen for free on RTVE in Spain.

Persons: De, you'll, ExpressVPN, FS1, Fubo, That's Organizations: Business, BBC, ITV, Olympics, Wimbledon, USA Fox, Nations, Australia Optus Sport, Optus Locations: Belgium, France, Ireland, Spain, RTVE, RTE2, USA, Australia

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin jumps back above $63,000 to kick off second half of 2024: 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, Thomas Perfumo, head of business operations & strategy at Kraken, weighs in on what's driving the crypto market the second half of 2024 kicks off.

Persons: explainers, Thomas Perfumo Organizations: CNBC Crypto, CNBC

☆ U.S. crude oil rises, tops $82 per barrel ahead of Fourth of July holiday
▼ + stars: | 2024-07-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: 1 min

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S., April 21, 2020. U.S. crude oil futures on Monday rose ahead of the Fourth of July holiday, after booking a 6% gain last month on the back of fears of a wider Middle East war and expectations of rising summer fuel demand. Though oil prices have been steadily rising, the average price for a gallon of gasoline stands at $3.49 nationwide, down about 5 cents from last month. Here are today's energy prices:Oil market speculators have added long positions, betting on higher prices as tensions between Israel and the Iran-backed Hezbollah militia in Lebanon have "proven to be a major driver of the strong price action of late," commodity strategists with TD Securities told clients in a note on Friday.

Organizations: Securities Locations: Cushing , Oklahoma, U.S, Israel, Iran, Lebanon

After a lot of uncertainty over when, if ever, mortgage rates will fall, it's starting to look like rates may finally trend down in 2024. 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 Fixed Mortgage RatesThe average 30-year fixed mortgage rate was 6.86% last week, according to Freddie Mac. 15-Year Fixed Mortgage RatesLast week, average 15-year mortgage rates were 6.16%, a three-basis-point increase from the previous week, according to Freddie Mac data. Once the Fed cuts rates, mortgage rates should fall even further.

Persons: it's, you'll, Freddie Mac Organizations: Federal Reserve, Zillow Locations: Chevron

☆ Truist's chief strategist just downgraded the tech sector amid its most extreme outperformance since 2002. Here are 2 sectors he recommends investing in instead.
▼ + stars: | 2024-07-01 | by ( Christine Ji | ) www.businessinsider.com time to read: +3 min

Read previewAfter Big Tech's meteoric rise in the stock market, valuations may be coming back down to earth. Elevated Big Tech valuationsThe stock market is incredibly narrow, with just a few mega-cap tech stocks driving the market rally. Overall, the tech sector has risen by roughly 40% since November 2023. AdvertisementTruistAccording to Lerner, tech valuations are overheating in the short term, fueled by investor optimism. The tech sector's forward P/E has increased 19% just since May 1st of this year, jumping from 26x to 31x.

Persons: —, Keith Lerner, Lerner Organizations: Service, Nvidia, Apple, Google, Business, Utilities, P Telecom, US Telecommunications ETF, Vanguard Utilities Index Fund

Let us show you where to watch a free England vs. Slovakia live stream and you can see for yourself. Actually, you can see the whole tournament for free, as shown in our guide on where to watch Euro 2024 live streams for free. How to watch free England vs. Slovakia live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including England vs. Slovakia today. Where to watch England vs. Slovakia in the USAFox/FS1 has the rights to all the remaining matches for Euro 2024 in the USA, including England vs. Slovakia. ITV specifically has the free England vs. Slovakia live stream today.

Persons: you'll, ExpressVPN, FS1, Fubo, That's Organizations: Business, Belgium, BBC, ITV, Olympics, Wimbledon, England, USA Fox, Nations, Australia Optus Sport, Optus Locations: Slovakia, England, Ireland, USA, Australia

Actually, you can see the whole tournament for free, as shown in our guide on where to watch free Euro 2024 live streams. How to watch free Spain vs. Georgia live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including Spain vs. Georgia today. Where to watch Spain vs. Georgia in the USAFox/FS1 has the rights to all the remaining matches for Euro 2024 in the USA, including Spain vs. Georgia. Where to watch Spain vs. Georgia in SpainAll Euro 2024 matches can be seen for free on RTVE in Spain. Where to watch Spain vs. Georgia in AustraliaOptus Sport, a paid streaming service, exclusively holds all the Euro 2024 live streams in Australia.

Persons: Georgia, you'll, ExpressVPN, FS1, Fubo, That's Organizations: Business, Portugal, BBC, ITV, Olympics, Wimbledon, USA Fox, Georgia, Nations, Australia Optus Sport, Optus Locations: Germany, Spain, Georgia, Ireland, RTVE, RTE2, USA, Australia

Let us show you everything you need to know about where to watch a free Austria F1 live stream wherever you are in the world. As also detailed in our season-long free F1 live stream guide, we can help you watch every race this season via similar options to today's. How to watch free Austrian GP live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 Austria live stream in the USABC and ESPN covers Formula 1 racing throughout the season. Check price at SlingHow to watch Austria F1 live stream in the UKWant a free option?

Persons: it'll, Orange Army that's, Norris, Russell, Sainz, we've, you'll, ExpressVPN, it's, There's Organizations: Business, Red Bull, Orange Army, Austrian, RTL2, Austria F1, ABC, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus, ESPN Sling, Austria, Sky Sports, Sky, Premier League Locations: Austria, Austrian, ORF1, ServusTV, Belgium, Luxembourg, TV's

☆ Is Big Tech wrong to train AI models on 'messy' public data? A chat with synthetic data evangelist Ali Golshan.
▼ + stars: | 2024-06-30 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +9 min

Instead, they're calling for companies to train their models on synthetic data. Synthetic data is artificially generated rather than collected from the real world. AdvertisementBusiness Insider chatted with Ali Golshan, CEO and cofounder of Gretel, who one might call an evangelist for synthetic data. Why is synthetic data better than raw public data? AdvertisementUltimately, the other part of it is that synthetic data is very good at privacy if you have enough data.

Persons: —, Ali Golshan, Gretel, Young, There's Organizations: Service, Companies, Meta, Google, Business, Ernst, Riot, Federal Trade Commission

☆ Bitcoin blues could extend into July but outlook for the second half is upbeat
▼ + stars: | 2024-06-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Bitcoin's blues could linger throughout July, but investors are still optimistic about the cryptocurrency in the second half of the year. July is usually a strong month for bitcoin, which has finished higher for the month in seven of the last 11 years, according to CoinGlass. "There are always other known potential sources of bitcoin supply from government for example, but it's always uncertain when that's coming to market. This week, the crypto market was startled when the U.S. and German governments sent large amounts of previously seized bitcoin to exchanges, according to CryptoQuant. Marion Laboure, senior strategist at Deutsche Bank Research, said growing demand for crypto ETFs will help keep bitcoin's price "elevated" in the months ahead.

Persons: bitcoin, Zach Pandl, it's, JPMorgan's Nikolaos Panigirtzoglou, Pandl, Trump, Marion Laboure, 21Shares, Michael Bloom Organizations: Metrics, Federal, U.S ., Deutsche Bank Research, Solana Locations: U.S, Mt

Users of collapsed bitcoin exchange Mt. At the height of its success, the platform was the largest spot bitcoin exchange in the world, claiming to handle around 80% of all global dollar trades for bitcoin. Gox creditors creates "downside risk" next month, though it would be short-lived. Gox creditors take place in July, [this] creates a trajectory where crypto prices come under further pressure in July, but start rebounding from August onwards," the analysts wrote. Gox creditors opted for in-kind reimbursement has to do with the tax implications.

Persons: Kiyoshi Ota, Gregory Greene, Greene, Bitcoin, Greene's, John Glover, Ledn, Glover, Gox, Alex Thorn, They'll, Roger Ver, Blockstream, Adam Back, Greg Maxwell, Bruce Fenton, Thorn, there's, There's, Luke Nolan, CoinShares, JPMorgan Organizations: Bloomberg, Getty, Mt, CNBC, bitcoin, Online, Galaxy Digital, Bitcoin, Barclays, JPMorgan Chase, Gox Locations: Gox, Illinois, bitcoin, Mt

You'll need a VPN to access any free Italy vs. Switzerland live stream options outside their original broadcast country. How to watch free Italy vs. Switzerland live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including Italy vs. Switzerland today. ET / 5 p.m. BST / 12 a.m. AWSTWhere to watch Italy vs. Switzerland in the USAFox/FS1 has picked up the rights to all remaining games in the USA, including Italy vs. Switzerland. BBC specifically has the free Italy vs. Switzerland live stream today. Where to watch Italy vs. Switzerland in AustraliaOptus Sport, a paid streaming service, exclusively holds all the Euro 2024 live streams in Australia.

Persons: you'll, ExpressVPN, FS1, That's Organizations: Business, Croatia, BBC, Olympics, Wimbledon, USA Fox, Fox, Nations, ITV, Australia Optus Sport, Optus Locations: Italy, Switzerland, Germany, RTE2, Ireland, Rai1, USA, Australia

☆ Donald Trump just had the best 24 hours of his reelection campaign. But it might come back to bite him.
▼ + stars: | 2024-06-29 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Related stories"Something terrible happens to one of these candidates once every two weeks — usually Trump," Grose said. Justin Sullivan/Getty ImagesSCOTUS surprisesLess than 24 hours after the debate, the Supreme Court handed down two major decisions, which, at first glance, appeared to be more good news for Trump. On Friday, legal experts told Business Insider that the decision was good news for Trump's legal prospects. It could remind voters unhappy with the Supreme Court's conservative drift that another Trump term could mean more Trump SCOTUS appointees. Undecided voters with strong opinions on abortion and January 6 could be turned off by Trump's Supreme Court appointees and their increasingly conservative rulings, he suggested.

Persons: —, Donald Trump, Joe Biden, Trump, Biden, Christian Grose, Grose, it's, David Triana, Justin Sullivan, SCOTUS, Jack Smith's, Triana Organizations: Service, Republican, Supreme Court, Trump, Business, Biden, University of Southern, Conservatives, Department of Justice, Trump's, Court Locations: University of Southern California, Trump

Inflation slowed last month according to the Federal Reserve's preferred measure, which means mortgage rates could soon trend down. As inflation slows and the Fed is able to start lowering the federal funds rate, mortgage rates are expected to decrease. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. As inflation slows and the Federal Reserve is able to start cutting the federal funds rate, mortgage rates are expected to trend down as well.

Persons: Fannie Mae Organizations: Federal, Commerce Department, Zillow, Federal Reserve, Mortgage, Association, ARM Locations: April's, Chevron

Find out who's going to the quarters as we show you where to watch a free Germany vs. Denmark live stream today. How to watch free Germany vs. Denmark live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including Germany vs. Denmark today. Where to watch Germany vs. Denmark in the USAFox/FS1 has the rights to all the remaining matches for Euro 2024 in the USA, including Germany vs. Denmark. ITV specifically has the free Germany vs. Denmark live stream today. Where to watch Germany vs. Denmark in GermanyThere's a free live stream for Germany vs. Denmark via one of the Euro's regular spots.

Persons: you'll, ExpressVPN, FS1, Fubo, That's Organizations: Business, BBC, ITV, Olympics, Wimbledon, ZDF, USA Fox, Denmark, Nations, Australia Optus Sport, Optus Locations: England, Germany, Denmark, Ireland, RTE2, USA, Australia

☆ EV sales have hit a speed bump. Using AI to improve their batteries could get more people back in the driving seat.
▼ + stars: | 2024-06-29 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Chemix is using machine-learning algorithms to develop EV batteries that can charge more quickly, hold more energy, and last longer than current EV power units. Koeller said the primary advantage of using AI to design EV batteries is that it dramatically speeds up the process. Better EV batteriesDesigning EV batteries is a three-step process, Georgia Tech assistant professor Micah Ziegler told BI. The solid-state electrolyte they discovered relies less on lithium, an increasingly rare resource that forms the core of today's EV batteries. Mueller said that PNNL's collaboration with Microsoft has convinced him that generative AI could have applications far beyond speeding up EV battery design.

Persons: —, Jason Koeller, Koeller, Micah Ziegler, Ziegler, Karl Mueller, Mueller, it's Organizations: Service, Business, EV, Georgia Tech, BI, Pacific Northwest National Laboratory, Microsoft Locations: California

☆ Meet the boomers cashing in on the golden age of retirement
▼ + stars: | 2024-06-29 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +9 min

AdvertisementAs the way we save for retirement has evolved, some people are now cashing in on the golden age for retirement savings — when benefits were more generous and investments in real estate and stocks boomed. While it's still possible to achieve, a fat retirement account has become rarer. AdvertisementBack in 2007, per GAO's calculations of the Survey of Consumer Finances, around 21% of low-income households had a retirement account balance. While losses weren't as profound for those in the middle-income quintile, their retirement account balances did fall slightly from 2007 to 2019. All of that comes as retirement savings become more of an individual onus.

Persons: —, Michael, Connie, didn't, frugality, it's, would've, David John, that's, John, Valerie, who's, Valerie —, hinging, she's Organizations: Service, Navy, Business, Social Security, Survey, Consumer Finances, GAO, AARP, Security, BI Locations: Florida, Denver, Oregon, Seattle

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