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Online high-yield savings accountsThe best bang for your savings can still be had in online high-yield savings accounts at FDIC-insured banks, which yield way more than today’s 0.58% overall average savings rate. As of June 11, the average online savings account rate was 4.40%, according to DepositAccounts.com. If you leave it parked in a regular savings account at 0.5%, you’ll get $50 in interest for a year. As with any savings account, banks can lower the rate they offer — also known as the APY — at any time. Money market accounts and money market fundsMoney market deposit accounts and money market mutual funds are generating yields competitive with the best high-yield savings accounts.
Persons: , , Greg McBride, ” McBride, you’ll, , McBride, , Collin Martin, Martin Organizations: New, New York CNN, Federal Reserve, National Credit Union Share Insurance, Securities Investor Protection Corporation, Treasury, Fed, Schwab Center, Financial Research Locations: New York, Schwab.com, United States
What men can do to maintain a healthy sex life
  + stars: | 2024-06-12 | by ( Dr. Jamin Brahmbhatt | ) edition.cnn.com   time to read: +8 min
If we don’t take care of our health today, we won’t enjoy a healthy sex life tomorrow. Studies have shown that men with emotional problems or stress are more likely to experience sexual dysfunction in the form of either premature ejaculation, erectile dysfunction and/or low sexual desire. Side effects of certain medicationsCertain medications, including those for hypertension and depression, can cause sexual dysfunction as a side effect. They may adjust your dosage or switch you to a different medication that has fewer effects on sexual health. Diabetic men, for instance, are three times more likely to experience erectile dysfunction compared with nondiabetic men.
Persons: Jamin, don’t, Peter Dazeley, you’re, isn’t, It’s, you’ve, You’ve, Organizations: Orlando Health, University of Central Florida’s College of Medicine, CNN, American Heart Association, Bank, Getty, Health
Hunter Biden is expected to appeal his felony conviction for falsifying a federal firearms application, likely arguing that the judge in the case violated his constitutional rights in her instructions to the jury, according to people in his orbit and legal experts. Mr. Biden’s lawyer Abbe Lowell has also signaled that any appeal would be based on the Supreme Court’s landmark decision in 2022 that vastly expanded gun rights, a ruling that spawned legal challenges to the part of the federal firearms form at the center of the Biden case. In Mr. Biden’s case, it included a question asking buyers about their drug use. There is still a possibility that David C. Weiss, the special counsel in the case, will seek a plea agreement before the tax trial begins, and would have leverage in negotiations now that Mr. Biden is already a convicted felon, according to former prosecutors. Mr. Biden might have greater incentive to reach a deal to avoid another public airing of his personal ordeal beyond what was presented in Wilmington last week.
Persons: Hunter Biden, Biden’s, Abbe Lowell, Biden, David C, Weiss Locations: Wilmington, Del, Los Angeles
AdvertisementA Fisker spokesperson said it would be "unfair" to compare the two companies. A Fisker spokesperson denied comments that Henrik took on a more passive role and said he was "deeply involved." AdvertisementA Fisker spokesperson said Magna was responsible for testing and releasing the Ocean and it had been fully certified by regulators in the US and Europe. But in the year since the Ocean's release, the company has delivered around 7,000 vehicles, a Fisker spokesperson said. A Fisker spokesperson pushed back on the comments questioning Henrik's business prowess.
Persons: , Henrik Fisker, Wendy Gruel's, Geeta Gupta, Gupta, Henrik Fisker's, James Bond, Henrik, Fisker, Rivian, Tesla, Phil McCarten, Magna, hadn't, YouTuber, Marques Brownlee, Kurt Mechling, he'd, they'd Organizations: Service, Business, TechCrunch, Aston Martin, BMW Z8, Magna International, Fisker Inc, Apollo Global Management, Tesla, Ford, GM, Magna, Reuters, Fisker, Business Insider, Engineers, Traffic Safety Administration, NHTSA, Technicians, California Bureau of Automotive, BI, New York Stock Exchange Locations: Fisker, Europe, California, Graz, Austria, Panera
The firm upgraded the ingredients maker to buy from neutral but lowered its price target to $48 per share from $50. "Though these items might not help earnings until 2025, we believe visibility surrounding them could improve in coming months and send the share price higher," he added. Lovallo has a $198 price target for Lennar, reflecting 30.1% in upside. Analyst Raimo Lenschow upgraded the marketing automation stock to overweight from equal weight and upped his price target by $4 to $29. Singlehurst raised her price target to $58 from $54.20, but the new forecast implies nearly 2% downside from Tuesday's close.
Persons: Goldman Sachs, Thomas Palmer, — Brian Evans, Edward Jones, Logan Purk, — Jesse Pound, John Lovallo, Lovallo, — Alex Harring, Oppenheimer, Colin Rusch, Rusch, Alex Bradley, Alex Harring, Raimo Lenschow, Lenschow, Wells, Steven Cahall, Wedbush, Michael Pachter, Pachter, Keith Gill, Piper Sandler, Valvoline Piper Sandler, Peter Keith, Keith, VVV's algo, hasn't, Will Gaertner, Gaertner, Morgan Stanley, Mark Murphy, Keith Weiss, Brent Bracelin, Louise Singlehurst, Singlehurst, Fred Imbert Organizations: CNBC, Analysts, Citi, Diamond Green Diesel, AMD, Devices, Nvidia, UBS, Lennar, KB, Barclays, Wells Fargo, Paramount, GameStop, Products, LSEG, Google, AI, JPMorgan, Oracle Locations: California, Tuesday's, VVV, reaccelerate, ORCL
In its latest medium-term market report, titled Oil 2024, the global energy watchdog said oil demand growth was on track to slow down before ultimately reaching its peak of near 106 million barrels per day by 2030. That's up from just over 102 million barrels per day in 2023. At the same time, the IEA expects total oil production capacity to surge to nearly 114 million barrels per day by 2030 — a whopping 8 million barrels per day above projected global demand. The burning of fossil fuels such as coal, oil and gas is the chief driver of the climate crisis. The share of fossil fuels in the global energy supply has stayed at around 80% for decades, according to the IEA, although it expects this to fall to around 73% by 2030.
Persons: Fatih Birol, Birol Organizations: The International Energy Agency, Big Oil, IEA Locations: Monahans , Texas, U.S, OPEC
Southwest Airlines CEO Bob Jordan said the company is ready to adapt to changing customer trends like premium seating as pressure from an activist investor mounts. "We will adapt as our customers' needs adapt," Jordan said at an industry event hosted by Politico on Wednesday. Jordan's comments came two days after hedge fund Elliott Management disclosed a $1.9 billion stake in Southwest and said the carrier needs a new CEO and new chairman. Meanwhile, Jordan said Southwest has continued to work toward improving the customer experience. "It's been several years since we last studied this in-depth, and customer preferences and expectations change over time," an airline spokeswoman told CNBC.
Persons: Bob Jordan, Jordan, Jordan's, Elliott didn't, Elliott, It's, , Rohan Goswami Organizations: Southwest, Politico, Elliott Management, Boeing, CNBC Locations: Southwest, Dallas, United States, Delta, U.S
Read previewSome artists are angry that Meta is using their photos on Instagram and Facebook to train its artificial intelligence models. Some artists are moving to Cara, a social media platform designed for artists. Losing hard-earned followingsProfessional artists said they have issues with Instagram beyond AI, including that they feel forced to buy ads to be seen. Far from perfectArtists, including Kent in San Francisco, said they're using platforms like Cara to hedge against the whims of any one platform. Switching platforms comes with its own headaches — the spike in new Cara users led to a series of app crashes last week.
Persons: , they're, Christina Kent, Cara, Jingna Zhang, Chris Cox, Meridian Culpepper, — it's, Kent, Culpepper, I'm, Noah Smith, haven't Organizations: Service, Facebook, Business, Meridian, Meta, Singapore, Washington Post Locations: San Francisco, Cara, Luxembourg, Instagram, Los Angeles, Singapore, Kent
CNN —The family of one of the hostages rescued in an Israeli operation over the weekend has said that he experienced psychological abuse over the hands of his Hamas captors during the eight months that he was held in Gaza. The operation was only the third Israeli rescue of hostages held in Gaza and has been celebrated in Israel. So he feels obliged to pass this goodness on to the next person and help get others [hostages] out.”Kozlov, 27, was among the rescued hostages. Israel launched its war in Gaza following the Hamas attacks of October 7, when militants killed about 1,200 people and took more than 250 hostage. Since then, the Israeli campaign has killed more than 37,000 people, according to the ministry of health in Gaza, and triggered a humanitarian crisis.
Persons: Andrey Kozlov, Noa Argamani, Almog Meir Jan, Shlomi Ziv, Kozlov, Kozlov’s, Mikhail Kozlov, “ Israel, , Israel ”, Israel, ” Mikhail, ” “, , Andrey, Dmitry, Mikhail, ” Dmitry, ” Kozlov, Itai Pessach, ” Pessach, Keren Munder, , pita, Merav Mor, Munder, Adina Moshe Organizations: CNN, Israel Defense Forces, Nova, Israeli Army, Reuters, UN Locations: Gaza, Israel, Russian
As consumers become more selective in their spending, restaurants and travel remain bright spots in consumer spending. I'll review a bullish options trade that wins if this trends continues. With net interest income and card fees expected to grow, this discount reflects the upside opportunity for AXP to trade back towards its 52-week highs and beyond. The trade Looking at implied volatility, options are not cheap but also not expensive. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: it's, AXP Organizations: American Express, AXP
LONDON — U.K. economic growth ground to a halt in April, according to flash figures published on Wednesday, stalling the muted rebound from last year's recession mere weeks ahead of a national election. Economists polled by Reuters had expected growth to flatten, after the economy expanded by 0.4% in March. The picture was slightly brighter on a longer timeframe, with gross domestic product up 0.7% in the three months to April. Construction output declined 1.4% in its third straight fall, while production output was down 0.9%. Lindsay James, investment strategist at Quilter Investors, attributed the April slowdown to recent gloomy weather.
Persons: Lindsay James, James Organizations: LONDON, Reuters, Quilter Investors Locations: Rotherhithe, London, United Kingdom
“Hamas could have answered with a single word – yes,” he said. “It’s time for the haggling to stop and a ceasefire to start. Hamas submitted its reply to the multi-phased ceasefire and hostage release proposal to mediators on Tuesday. According to a senior State Department official, Blinken, who was in Amman at the time, dispatched two of the senior staff traveling with him to retrieve Hamas’ response from Egyptian Intelligence Chief Abbas Kamel, who was also in the Jordanian capital. Izzat al-Rishq, a member of the Hamas political bureau, described their response as “responsible, serious and positive.”CNN’s Becky Anderson, Hamdi Alkhshali and Benjamin Brown contributed to this report.
Persons: Antony Blinken, ” Blinken, , “ Israel, Benjamin Netanyahu, , Jake Sullivan, , Israel, Blinken, Abbas Kamel, ” CNN’s Becky Anderson, Hamdi Alkhshali, Benjamin Brown Organizations: CNN, US National, UN, State Department, Egyptian Locations: Gaza, Doha, Israel, , Egypt, Jordan, Qatar, Amman, Jordanian, Izzat
Ilene Prusher Jordana MillerBut something about this year’s Jerusalem International Writers Festival, which was held late last month, was off. The festival’s artistic director, Julia Fermentto-Tzaisler, thought about whether the beloved book festival should happen this year at all. A shadow over the literary worldExamples abound of how fallout from the ongoing war is casting a shadow over the literary world. To be sure, these are not the only cancelations the literary world has experienced related to the war; nor are Jewish writers the only ones who have faced controversy. From the start of this war, it seems I’m much more therapist than writer,” she read in a lilting Hebrew.
Persons: Prusher Jordana Miller, Julia Fermentto, , , Baillie Gifford, Suzanne Nossel, , Nicholas Kristof, Miriam Libicki, they’re, Sir Simon Schama —, Benjamin Netanyahu, , John Irving, Covid, Tzaisler, Harry Potter, Noya Dan, Eshkol Nevo, I’m Organizations: Florida Atlantic University, CNN, Jerusalem CNN, Writers, PEN America, PEN, AP, New York Times, Jerusalem Writers, soccer, European Championship, Columbia University, Hay Locations: Jerusalem, Gaza, Israel, Hay, Wye, Wales, Vancouver, Scotland, Europe, British, Iraq, Iraqi
Morgan Stanley upgrades Ciena to overweight from equal weight Morgan Stanley sees "upside potential" for the networking company. Morgan Stanley downgrades Pure Storage to equal weight from overweight Morgan Stanley downgraded the stock mainly on valuation. Goldman Sachs downgrades Birkenstock to neutral from buy Goldman downgraded Birkenstock mainly on valuation. Wells Fargo initiates Skechers at overweight Wells said it's bullish on shares of the footwear company. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's possible that Tesla could make a phone.
Persons: Piper Sandler, Piper, it's, Edward Jones, Morgan Stanley, Goldman Sachs, Birkenstock, Goldman, Wells, Wedbush, Needham, HAE, TD Cowen, Cowen, Tesla, Oppenheimer, Salesforce Organizations: Products, Devices, AMD, Paramount, Citi, DAR, Barclays, FI, GameStop, McCormick, Procore Technologies, UBS, Nvidia, hyperscalers, Bank of America, Apple, Fortinet Inc Locations: VVV
Liontrust Asset Management's Clare Pleydell-Bouverie is looking beyond the headline-makers, however, to other companies set to gain from AI adoption. She said AI is set to remove "a lot of waste out of people's jobs," and bring about a "phenomenal productivity uplift." 'Higher customer conversion' Pleydell-Bouverie also said consumer-facing companies like French beauty and cosmetics label L'Oreal stand to gain from the adoption of AI. "They've pioneered beauty tech as an industry," she said, adding that the company's generative AI beauty assistant system has a 60% higher customer conversion than in-store advisors. The analysts have an average price of $450.25 on L'Oreal, giving it slightly downside potential.
Persons: Clare Pleydell, CNBC's, Bouverie, They've Organizations: Big Tech, Amazon, Nvidia, Meta, Microsoft, Liontrust Global Technology Fund, Technology, JPMorgan Chase, JPMorgan, L'Oreal, Euronext Locations: Euronext Paris, U.S
BTS’ Jin discharged from army service in South Korea
  + stars: | 2024-06-12 | by ( Reuters | Gawon Bae | ) edition.cnn.com   time to read: +2 min
CNN —Wearing a uniform and black beret, Jin, the oldest member of K-pop phenomenon BTS, was discharged from South Korea’s army on Wednesday after 18 months of duty. He is the first member of the group to wrap up the mandatory national service that put their music careers on hold. The 31-year-old appeared emotional as he hugged his colleagues at a military base in Yeoncheon, Gyeonggi province, television footage showed. “I cried during the ceremony,” Jin said later during a livestream which racked up over 3 million views on the Weverse fandom platform. Beyond music, BTS members are bankable fashion icons.
Persons: CNN —, Jin, , ” Jin, Louis Vuitton, Angela Weiss, Suga, Jimin, Valentino, Dior, Kim Jones Organizations: CNN, BTS, Getty, White Locations: South, Yeoncheon, Gyeonggi, Seoul, South Korea
Read previewThere are signs that Nvidia is adopting a defensive posture as competitors try to carve out a piece of the AI computing market it has dominated thus far. What does going on the defensive look like for a company with between 70% and 90% market share? Advertisement"Our sense is that investor expectations still haven't adjusted enough to the impacts the Blackwell launch will have on Nvidia competitors," the analysts wrote. The fast pace of new launches makes meaningful competition even harder to fathom according to Morgan Stanley. Morgan Stanley assessed that Broadcom is poised to gain market share while AMD's fate is less certain.
Persons: , Morgan Stanley, Jensen, Lisa Su, Blackwell, Huang, Emma Cosgrove Organizations: Service, Nvidia, Microsoft, Meta, Google, Business, Devices, AMD, Taiwan Semiconductor Manufacturing Corp, Broadcom Locations: Santa Clara , California, ecosgrove@businessinsider.com
Stock markets slipped as investors prepare for the Fed's June policy meeting. The FOMC meeting will end Wednesday, and will help determine where interest rates are going. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Investors are convinced that interest rates will remain unchanged, futures markets data shows. Upcoming inflation data on Wednesday should also help determine where interest rates are headed beyond in the coming months.
Persons: , Jerome Powell, eyeing, Brent, Bitcoin Organizations: Service, Federal, Apple, West Texas, Treasury
Experts say that this previously overlooked gemstone is rocketing in desirability and value, as collectors look beyond the so-called “Big Four’” (diamonds, emeralds, rubies and sapphires) for more affordable, niche gemstones that may just be a shrewd investment. “Spinels and Paraiba tourmalines have seen a steady increase in demand over the last decade.”Boghossian's paraiba and diamond set features paraibas and fancy yellow diamonds. Experts posit that only one Paraiba tourmaline is mined for every 10,000 diamonds — and while similar hues are found in Madagascar, the scarcity of Brazilian stones has seen prices soar. At Bonhams, Tonkin said prices for top-quality Paraiba tourmalines reached $75,000 per carat in 2022, compared with $4,800 per carat in 2009. “These incredibly vibrant, clean gemstones really stirred something in me,” she explained in an email.
Persons: Olivia Young, Ouroboros, Ruby, Bonhams, , Jennifer Tonkin, Rahul Kadakia, Lily Gabriella, ” Charles Abouchar, , Tonkin, Roberto Boghossian, Moti Ferder, Ferder foresees, Lily Gabriella's, Lily Gabriella Likewise, Minka, Lucy Crowther, ” Crowther, Young Organizations: CNN, Imperial State Crown, Abouchar SA, Lugano Diamonds, Paraiba tourmalines, Big Locations: Sri Lanka, Myanmar, Vietnam, Afghanistan, Tajikistan, British, Burma, London, Geneva, Paraiba, ” Boghossian's paraiba, paraiba, Brazilian, Madagascar, Bonhams, Paraiba tourmalines, Memphis, India
Despite the rare event, it’s unlikely the stock market will swing widely because of the economic two-fer, some investors say. Inflation showed signs of cooling in April after staying worryingly warm during the first quarter of this year. America’s rural hospitals keep getting attacked by cybercriminals. Microsoft said in a statement to CNN that it would provide free security updates for eligible rural hospitals, as well as security assessments and training for hospital staff. Google will provide free cybersecurity advice to rural hospitals and start a pilot program to match the firm’s cybersecurity services with the needs of rural hospitals.
Persons: Powell, , Dave Sekera, Alicia Wallace, Sean Lyngaas, Michelle Watson Organizations: CNN Business, Bell, New York CNN, Federal Reserve, CPI, Bank of America, Morningstar, Investors, Traders, Fed, UBS, Federal Reserve Bank of New, The, Consumer, cybercriminals, Microsoft, Google, White, CNN, White House National Security Council Locations: New York, pare, Federal Reserve Bank of New York, York, United States
For those who rarely search for anything beyond a misplaced set of keys or a cellphone, the life of a botanist might look impossibly poetic: combing through fields of wildflowers or perusing mossy riverbanks in search of elusive plants with names like handsome sedge and rough false pennyroyal. The whimsical image fit when the state of Vermont announced last month that a plant thought to be extinct there — false mermaid-weed — had been found through a chain of events that seemed stolen from a fairy tale. It began with a sharp-eyed turtle biologist for the state, Molly Parren. She had been out surveying the habitat of wood turtles in rural Addison County on May 7 when she spotted some wild meadow garlic, which is extremely rare, beside a stream. Ms. Parren snapped a photo and sent it to her colleague, Grace Glynn, Vermont’s state botanist.
Persons: , Molly Parren, Parren, Grace Glynn Locations: Vermont, Addison County
While EV sales fell in the first quarter of 2024 by more than 15% compared to the previous three months — their first drop since 2020 — hybrid sales are booming. But Kia sees hybrids as an opportunity to get potential BEV buyers in the door. AdvertisementBut if you look at the largest and arguably most important segment these days, compact SUVs, hybrids account for nearly one-fifth of sales, Kosowski said. AdvertisementFor Kia, building hybrids instead of EVs affects its bottom line beyond the revenue it generates. EVs cost substantially more to build than ICE and hybrid vehicles.
Persons: , Steve Kosowski, Kia, Kosowski, Kia Niro, ROBIN TRAJANO, BEV, ZEV Organizations: Service, Business, Long, Kia Motors America, EV, Kia, ICE Locations: PWC
Eli Lilly became the most valuable health-care company in the world on the back of its blockbuster diabetes and obesity drugs. The billions of dollars in Eli Lilly is investing in manufacturing capacity support the idea that the long-term opportunity is immense. Adding Eli Lilly to the market could help address some of the obstacles that limited Leqembi's sales early on. Eli Lilly, which has spent billions in search of a successful Alzheimer's treatment , had hoped for donanemab to be approved by now. A sign with the company logo sits outside of the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana.
Persons: Eli Lilly, donanemab, Eli Lilly's, Donanemab, Leqembi —, Biogen, , Jim Cramer's, Ken Langone, Morgan Stanley, Cantor Fitzgerald, Leqembi, Jim Cramer, Jim, Scott Olson Organizations: Food and Drug Administration, FactSet, Novo Nordisk, FDA, GE Healthcare, CNBC, Company, Getty Locations: GLP, Indianapolis , Indiana
The plan focuses on Microsoft 365, a popular suite of productivity software used by thousands of businesses. This is a big risk for the company because Microsoft 365 has been an important source of revenue and growth, even without fancy new AI capabilities. The problem was that Microsoft salespeople started to pitch E5 as the last business software suite that customers would need to buy. AdvertisementA "spiritual successor"The generative AI boom, and Microsoft's early lead here, have increased the chances that a new 365 bundle will emerge soon. Microsoft has new AI tools that it can integrate with 365 and use that to persuade customers to upgrade their software bundle.
Persons: , Satya Nadella, Jared Spataro's, Microsoft salespeople, it's, Slack Organizations: Service, Microsoft, Business, Microsoft's Productivity, Processes, Sharepoint, European Commission, EU Locations: Capex
The plan focuses on Microsoft 365, a popular suite of productivity software used by thousands of businesses. This is a big risk for the company because Microsoft 365 has been an important source of revenue and growth, even without fancy new AI capabilities. The problem was that Microsoft salespeople started to pitch E5 as the last business software suite that customers would need to buy. AdvertisementA "spiritual successor"The generative AI boom, and Microsoft's early lead here, have increased the chances that a new 365 bundle will emerge soon. Microsoft has new AI tools that it can integrate with 365 and use that to persuade customers to upgrade their software bundle.
Persons: , Satya Nadella, Jared Spataro's, Microsoft salespeople, it's, Slack Organizations: Service, Microsoft, Business, Microsoft's Productivity, Processes, Sharepoint, European Commission, EU Locations: Capex
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