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As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. 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. CNBC Investing Club with Jim Cramer Rob Kim | NBCUniversal
Persons: Jerome Powell, Donald, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Federal Reserve, Trump Media & Technology Group, Astera Labs, Astera, Jim Cramer's Charitable, CNBC
In 1970, more than two-thirds of American adults between 25 and 49 lived with a spouse and at least one kid. For a society structured around the ideal of the nuclear family, its demise has left everyone wondering: What happens now? Without one partner focused on full-time housekeeping, the amount of work required to run a nuclear family isn't really feasible. It doesn't take much of a mental leap to see why capitalism and the nuclear family make for such cozy bedfellows. Coontz, a leading historian of the American family, notes that every family structure comes with its own set of distinct weaknesses, strengths, and possibilities.
Persons: Elon Musk, Vivek Ramaswamy, O'Brien, David Brooks, Moira Weigel, Brooks, Charles E, " O'Brien, Stephanie Coontz, Kristen Ghodsee, Ghodsee, coparenting, Mark Boster, Coontz, Organizations: Pew Research, Elon, Labor, Getty, University of Pennsylvania, Brookings Institution, Pew, Los Angeles Times, Guardian Locations: The, California, Somerville , Massachusetts
CNN —A federal court said Thursday that it will allow a US House election in South Carolina for Republican Rep. Nancy Mace’s seat to proceed under a map it had previously declared unconstitutional. In a brief order, the judges in the case said they had little choice, given a fast-approaching deadline to prepare for the primary election for the state’s down-ballot contests. South Carolina officials appealed to the US Supreme Court, and the justices heard arguments in the case in October. They said they recognized that it’s unusual to allow an election to proceed under a map they had deemed invalid. Mace won reelection in 2022 by 14 points, after winning the seat under the previous map by a single point two years earlier.
Persons: Nancy Mace’s, , it’s, ” Mace, Catherine Templeton, Daniel Hanlon, Mace, Donald Trump, Trump, CNN’s Kate Sullivan, Andrew Menezes Organizations: CNN, Republican Rep, GOP, Congressional, Trump Locations: South Carolina, Charleston County, Carolina
With a penchant for adventure and the whole country at our fingertips, we've had a hard time choosing a single place to settle down. We were hungry for change and eager to find a place that felt like a better fit for us than our home ever had. Desperate for the freedom we'd felt in Denver, we moved back as soon as possible (in 2017, less than a year later). Kristen BringeShortly after returning to Denver, we had our daughter, which raised the stakes in our search for place perfection. We wanted to give her a great life and thought finding an ideal place to do so was essential.
Persons: , we've, We'd, we'd, Kristen Bringe, you've, Fort Collins Organizations: Service, Business, Denver Locations: United States, Atlanta , Georgia, Denver, Atlanta, Colorado, Fort Collins , Colorado, Bend , Oregon, Fort Collins
This type of account offers a higher interest rate than a traditional savings account. That's assuming you have it sitting in a traditional savings account earning little to no interest rather than in a high-yield account earning 5%. If that money is not in a high-yield savings account, that's $2,500 a year that you're giving up." If the Federal Reserve does start cutting interest rates, which is expected to happen in 2024, high-yield savings account rates will also drop. Of course, you'll still earn much more in a high-yield account than you would in a traditional savings account, noted Weiss.
Persons: , Brent Weiss, Weiss, That's, Ally Bank, you'll, it's, Ally, SoFi, Marcus, you've, they're Organizations: Service, Business, CNBC, Ally Bank, Ally, Federal Reserve
CNN —The UN World Happiness Report released last week ranked Denmark the world’s second happiest country for a sixth consecutive year. But that would mean you probably don’t understand the Danish way of thinking. The Happiness Report then takes an average of the numbers given by those surveyed in each nation across the last three years. An 80-year old Danish relative of mine thinks it’s why the older generation came out on top in this year’s happiness report. Join us on Twitter and FacebookWhich brings me back to the World Happiness Report and consistently being runner up to Finland.
Persons: Emma Firth, Emma Firth Galyna Baz, Jessica Joelle Alexander, Iben Dissing Sandahl, , Danes, , Denmark, Finland’s, Catarina Lachmund, Santa Claus, Lachmund, “ I’m, lexicographers, they’ll Organizations: CNN, Gallup, Happiness Research, Twitter, Facebook Locations: Denmark, Finland, United States, ” Finland, Lapland, “ Denmark, Danish, Scandinavia
Inside the AI talent-hiring frenzy
  + stars: | 2024-03-27 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +6 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe fight to hire the best AI talent is heating up as companies large and small compete in the race to create the best products in the booming sector. Last week, Mustafa Suleyman, the cofounder of Google's DeepMind, left his startup Inflection AI to lead tech giant Microsoft's consumer AI division as CEO. "AI talents are some of the most highly compensated in today's job market," Alex Libre, the cofounder and principal recruiter of Einstellen Talent, a service that matches job candidates with generative AI startups, told BI. Related stories"There is undoubtedly a shortage in AI talent," Libre says.
Persons: , Mustafa Suleyman, Google's DeepMind, Aravind Srinivas, pricey, Sam Altman's, OpenAI, Salesforce, J.T, O'Donnell, Alex Libre, He's, They're, Ray, Flavien, Coronini Organizations: Service, Meta, Business, Big Tech, Companies, Tech, Libre, Big, . Workers, Microsoft
Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Amazon's recent AI moves have been impressive, specifically its close relationship with fellow Club holding Nvidia and, most recently, its multibillion-dollar venture investment in startup Anthropic. Best Buy : We added the electronics and appliance retailer to the portfolio shortly after the Monthly Meeting concluded. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim, Jim Cramer, Reckitt Benckiser, Abbott, We've, Here's, Salesforce, that's, Walt Disney, Nelson Peltz, Estee Lauder, he'd, Ford, We're, we'll, Vimal Kapur, Kapur, Linde, Eli Lilly, TikTok, Meta's Ray, Morgan Stanley, Reddit, Morgan, Ted Pick, he's, it's, Stanley Black, Decker, TJ Maxx, Wells, Wynn, Spencer Platt Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Department of Justice, Abbott Laboratories, Nvidia, Broadcom, Investors, Bausch Health, Pharmaceuticals, Costco Wholesale, Costco, GTC, Coterra, DuPont De Nemours, DuPont, stoke, Peltz, Disney, Eaton Corporation, Ford, General Motors, Wall, GE Healthcare Technologies, General Electric, Apple, Google, Bloomberg, . Honeywell, Honeywell, UBS, Meta, Microsoft, Palo Alto Networks, Palo Alto, Procter & Gamble, Starbucks, Constellation Brands, Stanley, TJX, Marshalls, Wynn Resorts, Jim Cramer's Charitable, Traders, New York Stock Exchange, Getty Locations: China, Costco, U.S, East, Mexican, Growth, HomeGoods, Wells Fargo, Macao
I am the backup plan.”Tim Hubbard University of Notre DameNow Boeing needs a backup to the backup. What does the portrait of an ideal leader for Boeing look like? Boeing’s new CEO needs to signal change. Boeing’s new CEO needs to embody the company the board wants Boeing to become. If the new CEO needs a blueprint of what their legacy could look like, they need only read up on the not-so-recent history of Boeing.
Persons: Tim Hubbard, CNN —, Dennis Muilenburg —, Max, David Calhoun, , Tim Organizations: Management, Organization, Mendoza College of Business, University of Notre Dame, CNN, Boeing, Tim Hubbard University of Notre Dame, General Electric, Wall
That’s because some Federal Reserve officials are reconsidering forecasts they made three months ago that called for three rate cuts this year. The stakes are high because there are consequences if the Fed cuts rates soon or if it leaves rates where they’ve been for the past eight months. First rate cut hinges on inflation dataIn February, Bostic told CNN that the first rate cut could come “sometime in the summertime.” That’s also Wall Street’s current expectation. He hasn’t specified — and is unlikely to signal — the number of rate cuts he believes are appropriate for this year. He has cheered inflation’s descent and said further improvement could open the door to rate cuts — if that actually bears out.
Persons: they’ve, Raphael Bostic, ” Bostic, Bostic, That’s, Powell hasn’t, Price, Nam, ” David Page, Powell, Rather, Jerome Powell, Chip Somodevilla, Lisa Cook, Austan Goolsbee, , we’ve, we’re, Goolsbee, Christopher Waller Organizations: CNN, Federal Reserve, Atlanta Fed, Index, AXA, Federal, , Harvard University, Chicago, Yahoo Finance, Fed, San Francisco Fed Locations: New York
AdvertisementOther candy makers should take notes because Trader Joe's clearly knows what it's doing when it comes to chocolate. I fell in love with the lemon-and-ricotta ravioli's tasty fillingThis lemon-and-ricotta option is my new favorite Trader Joe's ravioli. These blueberry-and-lemon hand pies are the perfect pastry for the spring seasonThe blueberry-and-lemon hand pies from Trader Joe's look homemade. Trader Joe's Portuguese custard tarts totally lived up to the hypeTrader Joe's Portuguese custard tarts blew me away. If someone told me Trader Joe's lemon sheet cake came from a fancy bakery, I wouldn't question it for a second.
Persons: , I've, Wilson, Joe's, they're, Savanna, I'm, seitan, pico, gallo, there's, Joe's didn't, Parmesan, Almond, Wilson I'm, graham, They'd, Meyer, munch, Wilson I've, Ina Garten, They're, madeleines, Florentine, Joe, Wilson It's, frosting, pasteis, nata, I'd, pretzels, Joe's dulce, dulce de Organizations: Service, Business, Wilson Locations: Savanna, Eastern Europe, Parmesan, Portugal
Plus, falling interest rates and continued economic growth would be tailwinds. The aforementioned catalysts are still in place — including interest rate cuts, as investors discovered a day earlier. Until then, the firm believes bank stocks can outperform into the first-quarter earnings season. 6 regional bank stocks worth buyingThe continued rally in financials will be powered in large part by regional banks, BofA believes. "We see the capital markets momentum continuing into 2025, which should drive investor interest in both stocks," Poonawala wrote.
Persons: Financials, Ebrahim Poonawala, Poonawala, BofA, Goldman Sachs, Morgan Stanley, Wells Fargo, Charlie Scharf, Jamie Dimon Organizations: of America, Business, Federal Reserve, Investors, Bank of America, First Bancorp, FNB Corp, Truist, US Bancorp, Western Alliance, JPMorgan, Wall, titans Locations: financials, Wells Fargo
Cat Jones eagerly left the family home at 17 and later bought a house 230 miles away with her husband. After having a baby and leaving her husband, she was determined to make things work living on her own. Fiercely independent and proud, I was determined to make things work on my own. Farm life is notoriously stressful and persistent. I have become closer with everyone in my family, and we're showing my daughter how to cohabit peacefully.
Persons: Cat Jones, , Cassie, Cassie didn't, Jones, it's, hadn't, grandma Cat Jones, It's, I'm Organizations: Service, Pew Research Center, Survey Locations: Tauranga —, New Zealand
The settlement will eliminate the long-standing standard 6% commission paid by the seller, which could ultimately make it cheaper to sell your home post-settlement. The case for getting in on spring homebuying seasonThe settlement could present a major downside to homebuyers. Under the current system, the buyer’s agent’s commission is baked into the total they pay for a home. On top of that, they may be able to avoid having to pay the buyer’s agent’s commission. But in his view, the NAR settlement shouldn’t be a major consideration when it comes to timing.
Persons: it’s, Phil Crescenzo Jr, There’s, he’s, ” Mike Downer, Mike Downer, he’d Organizations: New, New York CNN, National Association of Realtors, Nation One Mortgage Corporation, Buyers, NAR, Coldwell Banker Locations: New York, Naples , Florida
CNN —Carlos Sainz claimed an impressive victory at the Australian Grand Prix on Sunday, breaking Max Verstappen’s dominant grip over this F1 season as the Red Bull driver was forced to retire from the race. The Spaniard began the race second on the grid, behind pole-sitter Verstappen, and stuck close to the three-time world champion before easily overtaking him on the second lap to take the lead. For just the first time in two years, he retired from a Grand Prix, citing brake failure. Of course you always want to finish the races but it’s a mechanical sport,” Verstappen said following his first retirement since the 2022 Australian Grand Prix. Mechanics deal with the smoke coming out of Verstappen's car in the pit lane.
Persons: CNN — Carlos Sainz, Max, Red Bull, Oliver Bearman, Verstappen, ” Verstappen, Scott Barbour, Charles Leclerc, , ” Sainz, Charles, ” Lando Norris, McLaren, Oscar Piastri, Sergio Pérez, Lewis Hamilton, George Russell Organizations: CNN, Prix, Saudi, Spaniard, Getty, Sky Sports Locations: Red
Like Frieden, they're having a hard time finding what they need on the market. Frieden says she's surprised developers aren't doing more to meet the demand, particularly at the higher end of the market. Empty-nest boomers now own twice as many large homes as millennials with kids do, according to a recent Redfin analysis. This is making it even harder for millennials and households with kids to break into the market or upsize their homes. AdvertisementThis misallocation of housing — and shortage of larger condos and apartments — will become increasingly urgent as boomers age in homes that aren't ideal — or even safe — for them.
Persons: Deborah Frieden, , they've, Frieden, they're, they'd, Joe's, she's, I've, Daryl Fairweather Organizations: Service, BI Locations: Oakland , California, Lake Merritt, Frieden
So it's worth investing in a home office setup that maximizes comfort and productivity. AdvertisementThe pandemic upended the corporate world by shifting millions of people from office desks to kitchen counters, couches, and dining tables. Whether in a fully remote role or a hybrid one, investing in a good home office can pay dividends by improving your productivity and overall well-being. So, if you want to score well on Room Rater (the X account that judges everyone's Zoom backdrops), create a Zoom wall. If someone travels regularly for work, Chia suggests hanging a large map on the wall.
Persons: , Jonathan Puleio, Puleio, Lisa Zaslow, Zaslow, they're stackable, Katherine Chia, Desai, Chia, it's Organizations: Service, Humanscale Consulting, Gotham Organizers Locations: New York
David E. Harris, a former Air Force bomber pilot who at the height of the civil rights movement in the 1960s became the first Black pilot hired by a major commercial airline in the United States, died on March 8 in Marietta, Ga., about 20 miles northwest of Atlanta. American Airlines hired Mr. Harris in 1964, and he flew for the carrier for 30 years, rising to captain in 1967. In 1984, he made history for the second time with American when he flew with the first all-Black cockpit crew on a commercial airliner. Before Mr. Harris was hired, airline executives had discriminated for years against Black pilots out of fear that white passengers wouldn’t want to board the planes they flew, and that it would be too difficult to find them hotel accommodations. “He knew that he was extremely qualified, so on paper he would seem like an ideal candidate to many commercial airlines,” Michael H. Cottman wrote in his book “Segregated Skies: David Harris’s Trailblazing Journey to Rise Above Racial Barriers” (2021).
Persons: David E, Harris, Leslie Germaine, Michael H, Cottman, David Harris’s, Organizations: Air Force, American Airlines, Black Locations: United States, Marietta , Ga, Atlanta
Once Michael Mance and Shannie Easterby adopted a child, it didn’t take long to realize that a 400-square-foot apartment wasn’t going to work for them anymore. “It was a lovely little apartment,” said Dr. Mance, a clinical psychologist, of the one-bedroom co-op on the Upper East Side of Manhattan that they bought for about $300,000 in 2006. But when they added Bella, now 8, to the mix in 2015, it began to seem less ideal. “Around the six-month mark, it just became obvious that we were not going to be able to sleep in the same room anymore,” Dr. Mance, 50, said. “We were keeping her awake, and then she was keeping us awake.”
Persons: Michael Mance, Shannie Easterby, , Mance, Bella, Dr, Locations: Manhattan
A relational-trauma therapist shared the subtle ways parents show they have a favorite child. Wright shared some of the common signs of parents favoring one child over their siblings, even if they mean well. The "golden child" is then the one who fits the ideal the best, while the other may become the scapegoat of the family. Related storiesAs a result, the parents may use the golden child as a goalpost for the other child's success. Parents who root for the golden child can overlook the importance of a collaborative, trusting sibling relationship.
Persons: , Annie Wright, Wright Organizations: Service Locations: HBO's
A majority of Americans say they can't afford a $1,000 emergency expense, a recent report from Bankrate finds. Only 44% of Americans surveyed said they could use their savings to pay for an unexpected expense, instead opting to put it on a credit card or borrow cash from family or friends. "The reality is that we are, unfortunately, essentially living in a paycheck-to-paycheck nation," Bankrate senior economic analyst Mark Hamrick tells CNBC Make It. Unexpected economic events that occurred in quick succession over the past five years, from the fallout over the pandemic to high inflation, have shocked the personal finances of many Americans, says Hamrick. No matter how much you have saved up, economic conditions make now an ideal time to focus on building up your emergency savings, Hamrick says.
Persons: Mark Hamrick Organizations: CNBC
Spring, the season when home buying and selling activity kicks off, is around the corner. Available housing supply is already rebounding: The number of new listings jumped 14.8% from a year ago, the largest annual gain since May 2021, according to new data from Redfin, a real estate site. Buyers are typically looking to land a new home before their children's new school year while a seller's house benefits from the fresh flowers and renewed greenery post-winter. In 2023, homes listed in the first two weeks of June sold for 2.3% more, a $7,700 boost on a typical U.S. home, according to a new Zillow analysis. "We've learned that real estate cycles don't always happen [at this] time of year," said Melissa Cohn, regional vice president at William Raveis Mortgage.
Persons: Amanda Pendleton, We've, Melissa Cohn Organizations: Zillow, Finance, William, Mortgage Locations: Redfin, U.S
Read previewSam Altman suggested OpenAI may not be the most ideal name for the artificial intelligence company — at least in hindsight. "We started off just thinking we were going to be a research lab and having no idea about how this technology was going to go," Altman told Fridman. "This was before we had any idea about an API or selling access to a chatbot," Altman said on the podcast. But Altman told Fridman that he doesn't really understand what Musk's "real motivations" are. "Speaking of going back with an Oracle, I'd pick a different name," Altman told Fridman.
Persons: , Sam Altman, OpenAI, Elon Musk, Lex Fridman's, Altman, Fridman, Musk Organizations: Service, Elon, Business, Oracle
Westinghouse Infrared 1500 Watt Electric Outdoor Patio Heater The Westinghouse Infrared 1500 Watt Electric Patio Heater is a great choice for those who want a patio heater without having to fuss with propane, but it does have a shorter heating radius. Our review of the Westinghouse Electric Outdoor Patio HeaterAdvertisementEase of UseThe Westinghouse Electric Patio heater is small and light, I easily transferred it from my dining room, where I assembled it, to my backyard patio. For those who want an electric heater with adjustable temperature settings, the EnerG+ Infrared Electric Outdoor Heater Freestanding with Remote is a good choice. If an electric heater won't meet your needs, the Amazon Basics Outdoor Patio Heater will warm up enough space for a group and is better for families and entertaining. AdvertisementThe Bottom LineThe Westinghouse Electric Patio Heater will most comfortably warm one or two people seated close to the unit, and is easy to use and put together.
Persons: Watts, Jamie Davis Smith, Allen, Jamie Smith Davis, It's Organizations: Business, Westinghouse, Shop, Electric Locations: It's
Some DINKs are using their higher net worth to retire early, travel, and afford luxury items. But there's an even darker side to DINKs: The slice that forgoes kids not by choice but out of necessity. It's difficult to parse out the exact number of Americans who might want kids but can't have them. We know that the childfree group — people who don't want kids — might be about 20% of the US adult population. It's contributing to a whole population of DINKs who can't afford to shed the moniker.
Persons: DINK, , you've, Gen Zers, it's, Kimberly Palmer, Kathryn Edwards, Larry Bienz, he's, Bienz, civically, let's, Amelia, Kevin, They've, We're, Amelia's, Roe, Wade, Zachary Neal, Neal, Jennifer Neal, Priscilla Davies, she's, Davies, They're Organizations: Service, Harris, RAND Corporation, American Society for Reproductive, US Children's Bureau, Michigan State Locations: NerdWallet, DINKs, Chicago, Michigan
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