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Read previewMichael Guan wants you to use AI to bluff your way through that job interview. He's the cofounder and CEO of Final Round AI, a startup building artificial intelligence-powered tools for job seekers. There's a debate in Silicon Valley about the appropriateness of candidates using AI in job interviews. An AI-powered proxy interview demoArjun, a professional interview proxy, hopped on a call to explain how it worked and then gave a demo. Guan argued that using AI during a job interview isn't underhanded; it shows the worker's ingenuity.
Persons: , Michael Guan, Otter.ai, There's, Guan shrugged, Otter, it's, Arjun, AiApply, Aidan Cramer, Cramer, Buddy, that's, résumé, Guan, Jay Ma, Copilot, Ma Organizations: Service, Business, AWS, Google, Microsoft, Hub, Intel, Nvidia, Wayback, Bureau of Labor Statistics, YouTube Locations: Silicon Valley, Facebook, WhatsApp, London, San Francisco, Francisco, China, Seattle, TikTok
The most bullish year-end target for the S&P 500 was 5,100, which represented solid upside of about 7% from where it ended the year. Those predictions look paltry in hindsight, as the S&P 500 finished the first half of the year up 14.5% at 5,460. Bulls are getting bolder, but risks remainIn response, several major firms have boosted their year-end S&P 500 targets in recent months. AdvertisementGoldman Sachs recently shared earnings growth projections for the 100 biggest stocks in the S&P 500, both for this year and next. Below are those 14 large-cap stocks expected to grow earnings by at least 25% next year, along with each one's ticker, market capitalization, and 2024 and 2025 earnings growth estimates.
Persons: , Goldman Sachs, Morgan Stanley, Oppenheimer's John Stoltzfus, David Kostin, Kostin Organizations: Service, Business, Bulls, BMO Capital Markets, Deutsche Bank, Apple, Meta, Microsoft, Nvidia —
Roth individual retirement account conversions are a popular way to reduce future levies on pretax 401(k) or IRA withdrawals — and you can smooth out the upfront tax hit with a "Roth conversion ladder," experts say. Roth conversions transfer pretax or nondeductible IRA money to a Roth IRA, which offers future tax-free growth. The trade-off is regular income taxes incurred that year on the converted balance. By comparison, a Roth conversion ladder is a series of conversions over multiple years, meaning "you're paying taxes in smaller increments," said certified financial planner Preston Cherry, founder and president of Concurrent Financial Planning in Green Bay, Wisconsin. Of course, boosting your adjusted gross income any year can trigger other tax consequences, such as phaseouts for certain tax breaks.
Persons: Roth, Preston Cherry, Ashton Lawrence, pretax, Lawrence Organizations: Roth IRA, Finance, CFP, Mariner Wealth Advisors Locations: Green Bay , Wisconsin, Greenville , South Carolina
Southeast Asia's IPO market declined significantly in the first six months of 2024, with market capitalization plunging 71% to $5.8 billion, a report from Deloitte showed. There were no blockbuster IPOs from January to June, with only one large IPO with market capitalization of more than $1 billion and raising more than $200 million, Deloitte said. In the same period a year ago, there were three large IPOs which raised more than $600 million each. The downward trend signals "subdued IPO market sentiments where investors and IPO candidates continue to navigate macroeconomic factors," Deloitte said. Still, the report pointed out that historically, the latter half of the year "has always been the better performing half between 2020 to 2022."
Persons: Deloitte Organizations: Deloitte
In the early days of her tennis career, Serena Williams cared so much about winning that she forgot to collect her earnings — repeatedly. Williams, 42, brought in $94.8 million in prize money as a tennis player before retiring in 2022, according to the Women's Tennis Association. "Those are all true," responded Williams, who won 23 Grand Slam singles titles and 73 career singles titles during her 27-year career. People around her were excited about the dollar figure, but all Williams wanted to do was deposit it and get back to work, she recalled. "I was playing to win, and if I didn't win, I wasn't thinking.
Persons: Serena Williams, , Williams, Sean Evans, Canada — Organizations: Women's Tennis Association, YouTube Locations: Quebec City, Canada, Zurich, Moscow
We've put together everything you need to know about where to watch Shark Week, whether you have cable or are looking to live stream the entire week. Shark Week returns for its 36th year on Discovery Channel, this time with John Cena serving as host. Where to watch Shark Week in the USShark Week airs on the Discovery Channel at 8 p.m. Check price at SlingHow to watch Shark Week from anywhereIf you'll be traveling outside the US during any part of Shark Week, you can still access your subscriptions using a VPN. Shark Week trailerWhile you'll have to tune in to see exactly what Shark Week has in store this year, Discovery released a brief trailer with John Cena at the end of May.
Persons: We've, John Cena, we've, Max, ExpressVPN Organizations: Business, Discovery, US, Max, Warner Bros, CNN
Two hours later, once conditions were deemed safe, a team from SpaceX, the U.S. Fish and Wildlife Service and a conservation group began canvassing the fragile migratory bird habitat surrounding the launch site. The launch had unleashed an enormous burst of mud, stones and fiery debris across the public lands encircling Mr. Musk’s $3 billion space compound. Chunks of sheet metal and insulation were strewn across the sand flats on one side of a state park. None of the nine nests recorded by the nonprofit Coastal Bend Bays & Estuaries Program before the launch had survived intact.
Persons: Elon Musk’s, , Musk’s Organizations: SpaceX, United, U.S . Fish, Wildlife Service Locations: United States, U.S
Bill Smead warns of poor long-term performance for stock indexes like the S&P 500. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Smead doesn't like the long-term outlook for big stock-market indexes like the S&P 500 and Nasdaq 100. Despite their recent resilience and rallies to new highs, he said he sees a few red flags that could lead to poor performance for the broader market ahead.
Persons: Bill Smead, , Morningstar Organizations: Service, Nasdaq, Business
Read previewA new law passed in Illinois on July 1 requires parenting influencers to set aside 15% of their earnings for their kids who appear on camera. But, there is a market for family content because it gets good engagement, Varbanova added. "If people stopped watching family content, family vloggers wouldn't exist." Because family content is so successful, it's also tough to give it up. Advertisement"If they appear in all of the videos, they should get at least 50% of the revenue," Varbanova said.
Persons: , Shreya Nallamothu, Jessica Maddox, Naomi Cahn, Katya Varbanova, shouldn't, Varbanova, influencer Jordan, Lilly Davis, Paul, Momfluencer Ruby Franke, Ruby Franke, Wren, Jacquelyn Paul, TikTok, it's Organizations: Service, YouTube, Business, Associated Press, University of Alabama, AP, The New York Times, University of Virginia's Family Law, School of Law, UVA, Disney Locations: Illinois, Washington , Maryland, California
The concern is compounded because many believe Trump poses a threat to the future of NATO. Questions about Biden and his political future inject further uncertainty into a summit where key allies are also dealing with major political changes. However, as one former senior US diplomat said, there will “certainly be a spotlight” on Biden at the NATO summit. Adding to the pressure is the increased significance of this year’s NATO summit. Meanwhile, the Biden administration has sought to focus attention on the content of the summit and away from Biden’s debate performance.
Persons: Joe Biden, Donald Trump, Trump, , Biden, — Keir Starmer —, Emmanuel Macron’s, , he’s, Antony Blinken, spry, , Lloyd Austin, Karine Jean, Pierre Organizations: CNN, NATO, Labour Party, Biden, Brookings Institute, North Atlantic Council, White Locations: Washington ,, Russia, United, US, Austin, European, Italy, Ukraine, United States, NATO
That's because I don't wear a wedding ring. I know several couples from home who choose not to wear wedding rings. I've been at work and colleagues have asked with genuine curiosity and perplexion why I don't wear a ring. So, I suppose that not wearing a wedding ring is partly that the ritual of getting married got interrupted. There aren't as many events or outings I go to post-pandemic that require getting dressed up, which is when I'd typically wear jewelry.
Persons: , I'm, That's, I've, we'd, aren't Organizations: Service, Business Locations: Boston, Colorado, East Coast, Cheesman, Denver
For some car owners, it might be more financially savvy to rent a vehicle for a road trip than use their own, experts said. Drivers would need to compare total rental costs — the daily rental rate and potential add-ons like insurance — versus those of operating their own car. "Most people will be shocked at what it actually costs to own and operate their car," Brannon said. The cost of rental car insurance might add $30 to $61 to the daily rate, depending on insurance type, according to Allianz Travel, citing MarketWatch data. Car owners may already get full coverage on a rental via their own car insurance policies, or may have some coverage through credit-card benefits, Brannon said.
Persons: Patchareeporn, Greg Brannon, Brian Moody, Autotrader, Moody, Brannon, Hopper, Alistair Berg, Digitalvision, Kelley, KBB, Autotrader's Moody Organizations: AAA, Toyota, Allianz Travel, Finance, Car, Getty, Allianz, State
AdvertisementKitty Donaldson, a political journalist in the UK, told Business Insider that this interview marked a turning point in Starmer's public display of emotion. Obama could advise Starmer on how to deal with TrumpObama's and Starmer's relationship is likely to continue if Starmer wins the election on Thursday. Speaking to Politico's Power Play Podcast in September, Starmer said Obama was the US president that he spoke to "most frequently." Packer said Obama and Starmer's relationship made sense, given the decadeslong ties between the UK's Labour Party and the US Democratic Party. Meanwhile, Donaldson suggested Starmer may seek advice from Obama on dealing with Donald Trump, if the former president is reelected in November.
Persons: , Keir Starmer, Starmer, Jill Rutter, He's, Rishi Sunak, Goldman Sachs, Akshata Murty, Narayana Murty, Barack Obama, Obama, David Lammy, Lammy, Keir, Kitty Donaldson, Donaldson, it's, Tom Packer, Packer, Donald Trump, Trump, Biden, Andrew Harnik, Stormy Daniels, Organizations: Service, leftwing Labour Party, Conservative Party, Business, New York Times, UK's, Labour, Infosys, Sunday Times, Politico, Black, Harvard University, Sunak, Telegraph, Minas Panagiotakis, Sky News, University College London, Trump, Guardian, UK's Labour Party, US Democratic Party, BBC Radio Locations: Britain, London, England, Wales, Minas, Europe
The bull case for small caps as the second half kicks off
  + stars: | 2024-07-04 | by ( Sarah Min | ) www.cnbc.com   time to read: +6 min
By contrast, the S & P 500 has already reached Jefferies' bull case of 5,400, the strategist noted. The right catalyst For investors, the bull case for small caps that prevailed when the year began, still holds. More immediately, second-quarter earnings may prove a positive catalyst for small caps since expectations are so low, according to Jefferies' DeSanctis. On a trailing 12-month basis, the S & P 500 is trading at a multiple of 25 times earnings. Ultimately, however, many investors say that a rotation into small caps is coming, even if it hasn't happened yet.
Persons: Russell, Richard Nixon, Steven DeSanctis, Jefferies, DeSanctis, Brian Leonard, Ross Mayfield, Baird, Keeley Teton's Leonard, Something's Organizations: Federal Reserve, Jefferies, CNBC Pro, Fed, Advisors Locations: Keeley
CNN —Naomi Osaka was beaten in less than an hour by American Emma Navarro in the Wimbledon second round, losing 6-4 6-1 to the No. Navarro needed just 59 minutes to ease past four-time grand slam champion Osaka, who recorded her first win at Wimbledon since 2018 against Diana Parry in the first round. 113 in the world, Osaka was competing as a wildcard at Wimbledon this year. Osaka, who has won all four of her grand slam titles on hard courts, still hasn’t been past the third round at Wimbledon. 17 position and looks a real threat in SW19 after reaching the semfinals of the Bad Homburg Open in the lead up to Wimbledon.
Persons: Naomi Osaka, Emma Navarro, Navarro, Diana Parry, hasn’t, , , There’s, Jordan Pettitt, ” Navarro, “ I’ve, I’m, Diana Shnaider, Sloane Stephens Organizations: CNN, Wimbledon, Osaka, Bad, Court Locations: Osaka, ” Osaka, SW19
The video posted last year on Chinese social media showed more than 100 Japanese children, supposedly at an elementary school in Shanghai, gathered in their schoolyard. Chinese subtitles quoted two students leading the group as screaming: “Shanghai is ours. Xenophobic online content like the schoolyard video is the subject of debate in China right now. Last week, a Chinese man stabbed a Japanese mother and her son in eastern China. Private citizens censor themselves, knowing that what they post can get their social media accounts deleted or, worse, land them in jail.
Organizations: Private Locations: Shanghai, China, Japan, Japanese, Iowa
My dad taught me to live within my means and never to carry credit card debt. Below, you'll find a few things my father taught me about money ... and one thing I wish he had. Pay off credit cards at the end of the monthWhile Dad made his opinions clear on debt, he was okay with credit cards. Dad taught me to be generous but wise in my giving. What my dad missedMy dad did a lot of things right in teaching me about finances.
Persons: , Dad, Dave Ramsey, I've, Warren Buffet's, He's, doesn't Organizations: Service, World, IBM, Apple, Microsoft Locations: St, Ignace , Michigan
Chinese electric vehicle maker BYD is on track to overtake Tesla in battery electric vehicle sales this year, with its BEV market share expected to surge, according to a Counterpoint Research report. "This shift underscores the dynamic nature of the global EV market," Counterpoint analysts said in the report released Tuesday. BYD's second-quarter battery EV sales jumped nearly 21% year on year to 426,039 units, according to CNBC's calculations. Counterpoint said China "remains a dominant force in the BEV market" with BYD leading the way. China's BEV sales are estimated to be four times that of North America's in 2024, the research firm said.
Persons: BEV, BYD's, BYD, Tesla, China's BEV Organizations: Research, U.S, EV Locations: Munich, Germany, China, North America's
President Biden told a group of Democratic governors on Wednesday that he was staying in the 2024 campaign, as the group peppered the president with questions about the path forward after Mr. Biden’s disastrous debate performance last week. After the meeting, a handful of governors spoke with reporters outside the White House, with one, Gov. Kathy Hochul of New York, declaring, “President Joe Biden is in it to win it, and all of us said we pledged our support to him.”Gov. Tim Walz of Minnesota, the chair of the Democratic Governors Association, said: “He has had our backs through Covid, through all of the recovery, all of the things that have happened. The governors have his back, and we’re working together just to make very, very clear on that.”But he added, “A path to victory in November is the No.
Persons: Biden, Biden’s, Kathy Hochul, Joe Biden, Tim Walz, Organizations: Democratic, , Democratic Governors Association Locations: New York, Minnesota, Covid
Jerusalem CNN —Israeli officials believe Hamas’ latest response will enable the two parties to enter detailed negotiations to reach an agreement, the source said. Israel and Hamas appear to be on the brink of a framework agreement for a ceasefire and hostage release deal, an Israeli source familiar with the negotiations said. Hamas has confirmed that they passed their response on an Israeli proposal to mediators Qatar and Egypt, repeating their demand for a complete ceasefire. “We have put forward some demands that achieve securing access to a complete ceasefire and the withdrawal of Israeli forces,” Basem Naim, a member of Hamas’ political bureau, told CNN on Wednesday. “Israel is evaluating the remarks and will convey its reply to the mediators,” the Mossad statement said without providing any additional details.
Persons: Benjamin Netanyahu, Netanyahu, ” Basem Naim, , , Abeer Salman, Ibrahim Dahman Organizations: Jerusalem CNN, Hamas, CNN, Wednesday Locations: Jerusalem, Israel, Qatar, Egypt, “ Israel
CNN —In the first week of a new Trump administration, President Joe Biden’s climate wins would get put through the shredder. “He has said he’s going to come back with a vengeance,” former US special climate envoy John Kerry told CNN. He has railed against Biden’s climate policies at rallies and derided clean energy, vowing to push America back to fossil fuels. He has openly courted the oil industry at fundraising events, the Washington Post reported, promising regulation rollbacks in exchange for campaign cash. It could happen “very fast,” said David Bernhardt, who served as Interior Secretary in the Trump administration.
Persons: Trump, Joe Biden’s, nix, , John Kerry, it’s, , Joe Biden, ” Trump, Karoline Leavitt, Leavitt, Anna Moneymaker, ” Mandy Gunasekara, David Bernhardt, Bernhardt, Biden, Trump’s, Sarah Palin, ’ pocketbooks, Diana Furchtgott, Roth, Gavin Newsom, ” Newsom, “ We’re, Newsome, David Paul Morris, John Bozzella, Bozzella, ” Bozzella, he’s, ” Bob McNally, George W, Bush, Scott Olson, , ” Bernhardt, McNally, ” McNally, ’ Trump, Nate Hultman, Frederic J . Brown, haven’t, Kerry, ” Kerry, CNN’s Alayna Treene, Bill Weir, Julian Quinones Organizations: CNN, Trump, Washington Post, White, Environmental, Agency, EVs, Environmental Protection Agency, Republicans, Treasury Department, Former Trump Department of Transportation, Heritage Foundation, California Gov, Bloomberg, Alliance, Automotive Innovation, Biden, Fox News, Energy, Rapidan Energy Group, Bush White House, US Energy Information Administration, Trump Interior, Trump’s, Center for Global Sustainability, University of Maryland, State Department, Getty, United Nations Locations: Alaska, Paris, United States, Philadelphia, California, Washington ,, San Francisco, CNN California, Montebello , California, AFP
Yet, in a year of elections around the world, politicians are largely ignoring the problem, unwilling to level with voters about the tax increases and spending cuts needed to tackle the deluge of borrowing. In France, political turmoil has exacerbated concerns about the country’s debt, sending bond yields, or returns demanded by investors, soaring. “Many (politicians) are not willing to talk about the hard choices that are going to need to be made. Despite growing alarm over the federal government’s debt pile, neither Joe Biden nor Donald Trump, the main 2024 presidential candidates, are promising fiscal discipline ahead of the election. Former Prime Minister Liz Truss triggered a collapse in the pound in 2022 when she tried to force through big tax cuts funded by increased borrowing.
Persons: ” Roger Hallam, Karen Dynan, ” Kenneth Rogoff, , don’t, Joe Biden, Donald Trump, Biden, Paul Johnson, William Ruto, Liz Truss, hasn’t, Emmanuel Macron, Dynan, it’s Organizations: London CNN, Monetary Fund, Investors, Vanguard, CNN, US Treasury, Harvard Kennedy School, Harvard University, , Congressional, CBO, Trump, Fiscal Studies, United Kingdom, Former Locations: United States, France, Germany, Kenya
Read previewOne day in January 2022, it hit me: I had outgrown my life in Japan. My first few years in Japan were exciting and dreamy, what many would expect when they imagine living in Japan. I visited stunning shrines and temples, sipped oolong-hai cocktails with friends in izakayas, spent hours exploring the streets of Shibuya — back then, Japan felt like my playground. Of course, I'm still new to the Netherlands, and I know my feelings may change with time — as they did in Japan. For now, I've decided that living in the Netherlands is what my dream life looks like.
Persons: , sipped, Marco Bottigelli, I'd, I've, I'm Organizations: Service, Business, Sun Locations: Japan, American, Tokyo, izakayas, Shibuya, , Europe, Netherlands, Amsterdam, Friendship, The Netherlands
Yet, it gathered some 18 million views in 24 hours on X, where it was reposted by pro-Russian influencers. A CNN analysis shows Verite Cachee was set up recently, on June 22, 2024, and some of its pages still have prompts with AI to create fake articles at the top of the piece. They then integrate the story through social media, starting with real pro-Russian influencers who are part of their network,” he told CNN. A report by Recorded Future, a leading cybersecurity company, also identified Veritee Cachee as being part of the same disinformation network. Given the size and resources of the network, it is likely some Russian support or financing is happening, Clément Briens, a senior threat intelligence analyst at the company, told CNN.
Persons: Volodymyr Zelensky, Olena Zelenska, Clément, Bugatti, Autofficina Parigi, , , deepfakes, Cachee, Darren Linvill, they’ve, Patrick Warren, Zelenska, Veritee, Zelensky, Biden, ” Briens, Emmanuel Macron Organizations: London CNN, Bugatti, Lovers Group, Group, Schumacher, Bugatti Paris, CNN, Clemson University’s, YouTube, , Clemson, DC Weekly, NATO Locations: Paris, Russian, France, Ukraine, , Linvill, Cartier, New York, Europe
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
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