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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. According to a simulated model that factors in things like changes in health, nursing home costs, and demographics, about 45% of Americans who leave the workforce at 65 are likely to run out of money during retirement. When you have more leisure time on your hands, more money goes toward entertainment and travel, especially in the first few years of retirement. The outcome is a higher withdrawal rate, which can push you into a higher tax bracket, he noted. "People don't take into account how expensive things get over time, not realizing that they can live another 40 years in retirement.
Persons: , Spencer Look, they're, JoePat Roop, Roop, Bob, would've, it'll, Gil Baumgarten, Baumgarten, it's Organizations: Service, Morningstar's Center for Retirement, Business, Belmont Capital Advisors, IRA, IRS, Wealth Management Locations: breakeven
Read previewIn a Monday blog post, OpenAI CEO Sam Altman argued that massive investment in AI infrastructure is key to market dominance — and avoiding global conflict. "If we don't build enough infrastructure, AI will be a very limited resource that wars get fought over, and that becomes mostly a tool for rich people." Representatives for OpenAI did not respond to a request for comment from Business Insider. He noted that data centers consume tons of water for their cooling systems — some of which evaporates, so it cannot be reused. "Any human endeavor that involves an optimization challenge can be made more efficient through artificial intelligence," Coglianese said.
Persons: , Sam Altman, Altman, OpenAI, Alex de Vries, de Vries, Goldman Sachs, Shaolei Ren, he's, Ren, Cary Coglianese, Coglianese, we'll, I'm Organizations: Service, Business, Microsoft, BlackRock, White, Meta, Big Tech, University of California, University of Pennsylvania Locations: United States, United Nations, Riverside
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. After graduation I was hired by McKinsey & Company, a management consulting firm, where I was a business analyst. I traveled the globe as an exec, but returned home for the Renaissance fair every yearI first went to a Renaissance faire on a middle school field trip. Courtesy of George ApplingFrom 2015 to 2018 I had a foot in both worlds: running the faire while also launching a tech company. But the most important thing to me is the joy that the faire and its summer camp bring to people.
Persons: , George Appling, I'd, Sherwood, I've Organizations: Service, Texas, Business, McKinsey & Company, Harvard, Texas Renaissance, Mobile World Locations: Texas, Australia, England, Russia, Sherwood, Austin, Barcelona
MEMPHIS, Tenn. — A disgraced former Memphis police officer cried on the stand Tuesday as he watched video of him and his former colleagues giving Tyre Nichols the brutal beating that led to his death. Mills’ jarring and emotional testimony came during the trial of Bean, Smith and Demetrius Haley. Mills testified that he became incensed after his first encounter with Nichols because he had inadvertently sprayed himself with pepper spray. Last week, Martin testified that he initiated the bogus reckless driving traffic stop of Nichols. Nichols, Martin testified, never posed a threat when they yanked him out of his car.
Persons: , Tyre Nichols, Desmond Mills Jr, Nichols, , , ” Mills, Tadarrius Bean, Justin Smith, Emmitt Martin III, Mills, fatherless, I’m, ” Nichols, Bean, Smith, Demetrius Haley, Martin, Forrest Christian, Haley, ” Martin, Jerry Askin, Lydian, Corky Siemaszko Organizations: Memphis Police Department, AP Locations: MEMPHIS, Tenn, Memphis, New York City
The singer, whose legal name is Casandra Ventura, settled the suit with Combs in a day without disclosing the terms. In addition to Combs, Graves’ suit names Joseph Sherman, who, according to the suit, was known as “Big Joe,” and was for a time, Combs’ bodyguard and head of security. The suit alleges Combs led her to a couch in a private room in the studio, where she lost consciousness. Combs applied lubricant to himself and then raped her as she screamed out in pain, the suit alleges. When she regained consciousness, the suit alleges Sherman slapped her in the face and sexually assaulted her.
Persons: Sean “ Diddy ” Combs, , , Combs, Thalia Graves, Cassie, Casandra Ventura, Graves, Joseph Sherman, Big Joe, Sherman, Plaintiff, hysterically, ” Sherman, Carl Thomas, hasn’t, Gloria Allred, R, ” Graves, Allred, Ventura Organizations: New York City, Bad, Combs Locations: New York, New York City, Queens, Manhattan
SKIP AHEAD How I tried the Apple Watch Series 9 | Why I love the Apple Watch Series 9 | What I don’t love about the Apple Watch Series 9 | What’s Apple’s return policy? What to know about the Apple Watch Series 9The Apple Watch Series 9 replaces last year’s Series 8 model, one of our favorite smartwatches and fitness trackers. What I like about the Apple Watch Series 9Like its predecessors, the Apple Watch Series 9 is easy to use. What I don’t love about the Apple Watch Series 9Out of the box, the Apple Watch has always been smart, notifying me about everything — my group texts, multiple email inboxes, reminders to stand up and more. Only products purchased directly from Apple, either online or at an Apple store, can be returned to Apple — an Apple Watch purchased through Amazon follows Amazon’s return policy.
Persons: What’s Apple’s, Siri, Jet Black, Rose Gold, Harry Rabinowitz I’ve, I’ve, Harry Rabinowitz, TikTok Organizations: Apple, Garmin, Samsung, Google, Apple’s Health, Apple Watch, Amazon, NBC, Facebook, Twitter
Israel’s military warned residents in southern and eastern Lebanon to evacuate certain areas, spurring tens of thousands of people to flee their homes. The lawsuit alleges ExxonMobil misled consumers for decades, encouraging Americans to pursue a “throw-away lifestyle” and downplaying concerns about plastics’ ecological risks. Effort to change Nebraska’s electoral vote system blockedA Republican state senator’s opposition to a law changing how Nebraska allocates its electoral votes drew anger from former President Donald Trump. State Sen. Mike McDonnell wrote in a letter that he is opposed to changing Nebraska’s system — which awards electoral votes by congressional district — to a winner-take-all approach so close to Election Day. Under a winner-take-all model, Trump would be all but certain to win all of Nebraska’s electoral votes.
Persons: Fadel Itani, Israel, , Rob Bonta, , Read, Donald Trump, Donald Trump . State Sen, Mike McDonnell, McDonnell, Trump, Lars Fruergaard Jørgensen, Ryan Wesley Routh, Marcellus Williams, Felicia “ Lisha ” Gayle, Bill Anders, — Elizabeth Robinson, Elizabeth Robinson Organizations: ExxonMobil, Getty, International Organization for Migration, U.S . State Department, NBC News, Republican, Donald Trump . State, drugmaker Novo Nordisk, Service, Justice Department, Trump, National Hurricane Center, King, Gettysburg College, NASA, NBC, Walmart Locations: Lebanon . California, Lebanon, Israel, Beirut, AFP, California, Nebraska, Omaha, Florida, Trump’s, Lago, Butler , Pennsylvania, Missouri, Caribbean, Colorado, Boulder, Boulder ., Pennsylvania, Spain
Academy Award winner Emerald Fennell‘s anticipated “Wuthering Heights” adaptation just got buzzier with Academy Award nominee Margot Robbie and BAFTA nominee Jacob Elordi attached to star as Catherine Earnshaw and Heathcliff. MRC has tapped LuckyChap to produce the upcoming feature film — written, directed and produced by Fennell, based on the classic romance novel by Emily Brontë. Robbie has also been vocal in championing Fennell’s unique sensibilities after producing both the filmmaker’s movies. She’s so masterful at tone and plot,” Robbie said reflecting on “Saltburn’s” more shocking scenes in a January interview with Variety. Deadline was first to report news of Robbie, Elordi and LuckyChap’s involvement in the project.
Persons: Emerald Fennell‘s, Margot Robbie, Jacob Elordi, Catherine Earnshaw, Heathcliff, Fennell, Emily Brontë, Oscar, ” Fennell, Barbie, Robbie, , Elordi, Saltburn, Barry Keoghan, Variety he’s, , ” Robbie, Carey Mulligan, Mulligan, Rosamund Pike, Kogonada’s, Tom Ackerley, Josey McNamara, “ Saltburn ”, Elvis Presley, Sofia Coppola’s “ Priscilla, ” Elordi, Justin Kurzel, Guillermo del Toro’s, Michael Management, Jeff Bernstein, Gersh . Fennell Organizations: MRC, Variety, Entertainment, CAA, Gersh, UTA Locations: Wuthering, I’m
Read previewOn Tuesday, a judge will decide what sentence to give Caroline Ellison, who pleaded guilty to conspiring with Sam Bankman-Fried in an $11 billion fraud scheme. Ellison's sentencing sets up a high-stakes balancing test. She still participated in a massive fraud scheme, after all, the value of which he put at $11 billion. Ellison was the SBF trial's star witnessEllison pleaded guilty to fraud and money laundering for her role in the FTX scandal. Because the Bankman-Fried case went to trial, Kaplan has a lot of information at his disposal when deciding Ellison's sentence.
Persons: , Caroline Ellison, Sam Bankman, Lewis Kaplan, Bankman, Fried, Ellison, Kaplan, FTX, cooperators, Sarah Krissoff, Cozen O'Connor, Joshua Naftalis, That's, Naftalis, Fried JANE ROSENBERG, John J, Ray III, Ryan Salame, Salame's, Gary Wang, Nishad Singh, Ellison's, Krissoff Organizations: Service, Business, Alameda Research, LLP, Prosecutors, Fried JANE ROSENBERG Prosecutors, Securities Exchange Commission, Commodity Futures Trading Commission, Government, MIT, Bankman Locations: Bankman, Manhattan, Alameda, New York, Brooklyn
AdvertisementHow to buy the Roku Ultra (2024)The Roku Ultra is now available to buy from Amazon, Best Buy, and the Roku Store for $99. The 2024 Roku Ultra has a new processor and an improved remoteThe new Roku Voice Remote Pro has backlit keys and a USB-C charging port. RokuSince 2019, Roku has released a couple of refreshed versions of the Roku Ultra, but each iteration's underlying hardware has remained largely the same. Outside the new chip, the 2024 Roku Ultra looks similar in design to its predecessor, with a rounded set-top box. RokuWhile I can't recommend the 2024 Roku Ultra until my hands-on evaluation is complete, the new model looks promising on paper.
Persons: Roku, it's Organizations: Business, Amazon, Dolby Vision, Quick, Google, Apple, Roku Ultras
CNN —A woman accused music mogul Sean “Diddy” Combs and his bodyguard of drugging and assaulting her in 2001 and filming the attack, according to a lawsuit filed Tuesday in a federal court in New York. Thalia Graves alleged that she met Combs when she was 25 through her boyfriend, who worked at Combs’ record label Bad Boy. CNN has reached out to representatives of Combs and Sherman for comment. In addition, Diddy has been accused in 10 civil lawsuits alleging a range of sexual misconduct and other illegal activity. The suit accuses Combs, Sherman and businesses associated with Combs of violating New York’s Victims of Gender-Motivated Violence Protection Act, and it accuses Combs and Sherman of violating state civil rights law and city administrative code.
Persons: CNN —, Sean “ Diddy ” Combs, drugging, Thalia Graves, Combs, Joseph Sherman, , Sherman, Graves, Gloria Allred, Diddy, hysterically, Sam Bankman, Juan Orlando Hernandez, don’t Organizations: CNN, Metropolitan Detention Locations: New York, Manhattan, Sherman, Brooklyn, Honduras
Many new programmers who start in Gaba's shoes turn to free YouTube videos or their pricey counterpart, programming courses. "I started learning programming very late in my life, around 25, and I was completely confused at the time," Gaba told Business Insider. In the search for alternative resources, Gaba discovered ways to access Google's programming courses for free. AdvertisementAuditing a Google programming course allows you to enroll without receiving credit or a certification. Gaba recommends Google's Machine Learning Crash Course as a great way to dabble in machine learning without being overwhelmed by every algorithm out there.
Persons: , Sahil Gaba, Gaba, SQL Gaba, GitHub Gaba, It's, Tess Martinelli Organizations: Service, Google, Business, Gaba, Amazon, Trade, Linux, SQL, Big Tech, Cybersecurity Locations: tmartinelli
CNN —A diamond necklace that has been worn at two British coronations, and is thought to have stones from the infamous necklace at the heart of a Marie-Antoinette scandal, is expected to fetch up to $2.8 million at auction. PA Images/Getty ImagesAfter the family parted with the diamond piece in the 1960s, it was exhibited in the American Museum of Natural History before being acquired by a private collector. Sotheby'sThe piece consists of three rows of diamonds that trail on either side into a diamond tassel. A glittering scandalSome of the diamonds from the necklace may have come from the piece at the heart of the “Affair of the Diamond Necklace” scandal, according to the auction house. The necklace, in the hands of a trickster, had in the meantime actually been broken up and sold in London.
Persons: Marie, Antoinette, Royal, Noble, Sotheby’s, Marjorie Paget, marchioness of, King George VI, Queen Elizabeth II, Lady Woolton, Marquess, Marchioness, , Andres White Correal, Hope Diamond, Louis XVI, of, Queen Organizations: CNN, Westminster Abbey, American Museum of Locations: Sotheby’s, London, Geneva, Switzerland, Anglesey, marchioness of Anglesey, Europe, Middle, Golconda, of France
Matt Slocum/AP Kansas City Chiefs quarterback Patrick Mahomes runs the ball against Cincinnati Bengals cornerback Dax Hill during the Chiefs' 26-25 victory in Kansas City, Missouri, on Sunday, September 15. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8. Ed Zurga/AP Kansas City Chiefs quarterback Patrick Mahomes scrambles during the game against the Baltimore Ravens in Kansas City, Missouri, on September 5. Jay Biggerstaff/USA Today Sports/Reuters Fans enter Arrowhead Stadium in Kansas City, Missouri, ahead of the game between the Kansas City Chiefs and the Baltimore Ravens on September 5.
Persons: Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Cooper Neill, Allen Lazard, Alex Austin, Brad Penner, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Aaron Rodgers, Rodgers, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Nathan Ray Seebeck, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Jayden Daniels, Justin Herbert –, , ” Daniels, Katie Stratman, Reuters Daniels, Terry McLaurin, Zach Moss, Dan Quinn, he’s, ” Quinn, woeful, Joe Burrow, Burrow, Andy Lyons, Josh Allen, Allen, Damar Hamlin –, , commotio cordis, Hamlin, Trevor Lawrence, ” Hamlin, It’s, Lawrence, Mac Jones, Steven Senne, Jags, Doug Pederson, ” Pederson, “ We’re, we’ve, We’ve Organizations: CNN, Buffalo Bills, Jacksonville Jaguars, Getty Images Minnesota Vikings, Vikings, Houston Texans, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Green Bay Packers, Packers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, New York Jets, New England Patriots, The Jets, USA, Sports, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Cincinnati Bengals, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, AP New Orleans Saints, Dallas Cowboys, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Las Vegas Raiders, Shutterstock Dallas Cowboys, Cowboys, Cleveland Browns, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Reuters, Patriots, Bengals, New York Giants, AP Buffalo Bills, Arizona Cardinals, Bills, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, Jaguars, Buffalo, Jacksonville, ESPN Locations: Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, East Rutherford , New Jersey, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Santa Clara , California, Inglewood , California, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Washington’s, Washington, Buffalo
We're getting hands-on with the Google TV Streamer soon, but until then, we've broken down everything we know so far, including pricing and key features. AdvertisementThe Google TV Streamer is now available to buy for $100 from Amazon, Best Buy, and the Google Store. The Google TV Streamer could challenge the Apple TV 4K and Roku UltraThe Google TV Streamer is clearly designed to compete with the best streaming devices from Apple and Roku. AdvertisementShould you buy the Google TV Streamer? However, its specifications point to a promising performer that could be the flagship streaming device Google fans have been waiting for.
Persons: There's Organizations: Business, Google, Apple, Dolby, Amazon Locations: Amazon
The statement criticized congressional Republicans for not including additional funding for disaster relief, the Department of Veterans Affairs and the Small Business Administration. The White House also warned that it would oppose any funding cuts to the Internal Revenue Service in final appropriations legislation. President Joe Biden and many congressional Democrats staunchly opposed plans to include the SAVE Act in the government funding bill. But it was Johnson's own caucus members who defeated his initial funding measure, when 14 House Republicans voted against it on Sept. 18. House Republican aides said Sunday that the funding proposal could reach the House floor for a vote as soon as Wednesday.
Persons: Joe Biden, Mike Johnson, Biden, Mike Johnson's, , Johnson, Donald Trump Organizations: Tuesday, Management, House, Department of Veterans Affairs, Small Business Administration, Administration, Small, Internal Revenue Service, GOP, SAVE, Republicans, Secret Service, Trump . Congress Locations: Washington ,
Trump allies have pushed for a special legislative session intended for the Republican-controlled legislature to change Nebraska to a winner-take-all system instead of awarding electoral votes by congressional district. The developments appear to cap months of deliberations over whether Nebraska lawmakers could change the way the state apportions its electoral votes in a way that would benefit Trump. Nebraska allocates its electoral votes by congressional district, and the swing district around Omaha has twice gone to Democrats in recent years, giving them one electoral vote from an otherwise ruby-red state. But if lawmakers changed that to a winner-take-all model, Trump would be all but certain to win all of Nebraska's electoral votes. Maine is the only other state that does not have a winner-take-all system for electoral votes.
Persons: Donald Trump, Sen, Mike McDonnell, Loren Lippincott, Lippincott, Pillen, ” Lippincott, McDonnell, Trump, Kamala Harris, Harris, Jane Kleeb, Nebraskans, Kleeb, Sen Lindsey Graham, Graham, , Merv Riepe, Charlie Kirk Organizations: Nebraska Republican, Trump, Republican, NBC News ., NBC News . Nebraska GOP, NBC, Omaha, Nebraska, Electoral, U.S . House, Republicans, Nebraska Democrats, , Nebraska Democratic Party, Washington Post, Nebraska's Electoral, Pillen, Electoral College Locations: Nebraska, NBC News . Nebraska, Pillen, Omaha, Michigan, Pennsylvania, Wisconsin, “ Nebraska, . Maine, Maine
SEOUL, South Korea (AP) — As the plane descended into Seoul, Robert Calabretta swaddled himself in a blanket, his knees tucked into his chest like a baby in the womb. The South Korean government has accepted a fact-finding commission under pressure from adoptees, and hundreds have submitted their cases for review. Western governments turned a blind eye, sometimes even pressuring South Korea for children, while promoting the narrative that they were saving orphans with no other options. Robert Calabretta, right, and his biological father, Lee Sung-soo, during a visit in Daegu, South Korea, in August 2020. Laurie Bender was approached by a strange woman while playing in the front yard in South Korea in 1975.
Persons: Robert Calabretta swaddled, they’d, , , , doesn’t, Robert Calabretta, Lee Sung, Calabretta, “ You’re, Patricia Nye, ” Nye, Holt, weren’t, ” Michaela Dietz, Robyn Joy Park, Rae, hasn't, Jae, Lee, ” Lee, Lee Moo, wasn’t, David Goldman, she’d, Laurie Bender, Bender, Han Tae, Philsik Shin, Helen Noh, Noh, ” Noh, he’d, Susan Soonkeum Cox, Kim Jin Sook, Francis Carlin, ” Carlin, , Carlin, ” Bender, you’ve, Han Organizations: The Associated Press, South, AP, Frontline, International Social Service, University of Minnesota, ISS, BBC, , Holt Children’s Services, Eastern Social Welfare Society, Korea Welfare Services, Korea Social Service, Records, Health Ministry, Red Cross Hospital, U.S, Korea’s Anyang University, Seoul’s Soongsil University, Holt International, Catholic Relief Services, South Korean, FRONTLINE, PBS Locations: SEOUL, South Korea, Seoul, United States, South, Western, adoptees, U.S, Australia, Daegu, Korean, West, Korea, Geneva, , Asia, Europe, North America, Pasadena , Calif, Boryeong, American, New York, , Oregon, Holt, Holt Korea
House Speaker Mike Johnson makes a deal with Democrats in an attempt to avert a shutdown. Israel launches ‘’extensive’’ strikes across Lebanon. Johnson’s CR should sail through the House — with backing from a large number of Republicans and Democrats. Donald Trump said he doesn’t believe he would run for office again in four years if he loses the November election. Aziz Taher / ReutersThe Israeli military warned civilians in southern Lebanon to move away from Hezbollah positions this morning as it intensified attacks on its neighbor.
Persons: Mike Johnson, , Tom Williams, Donald Trump, Trump, Johnson, Joe Biden, Chuck Schumer, Johnson’s, , doesn’t, Aziz Taher, , Daniel Hagari, pagers, , NFL Dale Zanine, Greg Rosenstein, 🤩, Rav e, Rob, bev e rage spa, hur Organizations: Israel, NFL, Getty, White, SAVE, Trump, CR, Israel Defense Forces, NBC News, Hezbollah, Police, NBC, Sports, ste Locations: Lebanon, Washington, Tyre, Israel, Beirut, Birmingham , Alabama, Birmingham
JENKINS, Ky. — A Kentucky judge who authorities said was fatally shot by a sheriff last week was remembered Sunday as a pioneer who fought opioid addiction and favored treatment over jail for low-level drug offenders. Kentucky State Police said the shooting appears to have followed an argument. Kentucky Court of Justice via APDistrict Judge J. He was first appointed in 2009 to fill a judicial vacancy and served as a District Court judge for 14 years, the obituary said. At the service, District Judge James Craft told a story about a trip he and Mullins took to New York City years ago.
Persons: JENKINS, Kevin R, Mullins, Shawn M, Stines, can’t, , Debra Lambert, , didn’t, Patsy Holbrook Mullins, Judge J, Foster Cotthoff, Mullins “, ” Cotthoff, Kevin, Matt Brown, ” Brown, ” Mullins, James Craft, Craft, “ Kevin, ” Craft, Kimberly, Mya, Ava Organizations: Jenkins High, Authorities, Kentucky State Police, Mental Health, NBC News, Justice, AP, Judge, , Commonwealth, Addiction, University of Kentucky, University of Louisville Locations: Ky, , Kentucky, Letcher County, Mullins . Kentucky, Pikeville , Kentucky, New York
Value-investing legend Bill Nygren says the S&P 500 lacks the diversification it once had. Nygren mentioned Corebridge Financial as a top pick that checks all his boxes. AdvertisementThe S&P 500 isn't as risk-free as investors might think, says Oakmark Funds' Bill Nygren, who lamented the S&P 500's growing lack of diversification. "It's become so important to us that we invest with companies that are taking matters into their own hands and using excess capital to repurchase their own stock," Nygren told the outlet on Monday. One stock he pinpointed that fits the bill is Corebridge Financial.
Persons: Bill Nygren, Nygren, , CNBC he's, It's Organizations: Service, CNBC
Longtime value investor Bill Nygren warned that the popular benchmark S & P 500 is not as diversified as it used to be, and he is picking cheap stocks outside the dominant tech sector. Nygren, portfolio manager at Oakmark Funds for 40 years, said the technology sector has grown so powerful in the S & P 500 that the 25 or so largest names make up about half the investment. "It's not nearly as diversified as investors think it is. I think we will see investors revisit the idea of the S & P 500 being kind of the low-risk way to invest in equities," Nygren said on CNBC's " Money Movers " on Monday. "It's become so important to us that we invest with companies that are taking matters into their own hands and using excess capital to repurchase their own stock," Nygren said.
Persons: Bill Nygren, It's, Nygren Organizations: Oakmark Funds, Nvidia, Meta, AIG
CNN —The Missouri Supreme Court and Gov. “No jury nor court, including at the trial, appellate, and Supreme Court levels, have ever found merit in Mr. Williams’ innocence claims. The NAACP and the Council on American-Islamic Relations have called on Parson to halt Williams’ execution. How the state Supreme Court decidedThe court considered several questions, the state’s judicial branch said. But after Parson took office, he dissolved the board investigating Williams’ case and revoked Williams’ stay of execution in 2023.
Persons: Mike Parson, Mr, Williams, ” Parson, , ” Marcellus Williams, Felicia Gayle, Louis County’s, Wesley Bell, Bell, Parson, ” Williams, Jonathan Potts, nixed, ” Potts, you’ve, Michael Spillane, Marcellus Williams, Tricia Rojo Bushnell, , ” Bell, Williams ’, Bruce F, Hilton, Andrew Bailey, Bailey, Alford, general’s, Eric Greitens, Johnathan Shiflett, ” CNN’s Dakin Andone, Lauren Mascarenhas, Jennifer Hauser Organizations: CNN, Missouri Supreme, Gov, US, Supreme, Democrat, Congress, NAACP, Islamic, Court, Circuit, Attorney’s Office, Republican, GOP, GOP Gov Locations: Missouri, St, ” “ Missouri, Louis,
The biggest story in media right now has nothing to do with sexting. But recently, Rupert Murdoch has been trying to change those plans, and pass along full control to Lachlan Murdoch, who now has the CEO title at both News Corp and Fox. AdvertisementElisabeth Murdoch and her father, Rupert Murdoch, pictured in 2010. I think Lachlan would hope to figure out ways to keep on keeping on. Related storiesThroughout his career, Rupert Murdoch was always willing to sell assets he'd spent time and money acquiring.
Persons: Rupert Murodoch's, Murdoch, haven't, Rupert Murdoch's, Lachlan, James, Elisabeth, Prudence —, Rupert Murdoch, Lachlan Murdoch, David Folkenflik, Elisabeth Murdoch, Samir Hussein, he'd, didn't, I've, Rupert, Prudence Murdoch, Prudence MacLeod, Evan Agostini, It's, He's, it's, NPR's David Folkenflik, Gabriel Sherman, you've, Suzanne Scott, who've Organizations: Service, Fox News, Business, — News Corp, New York Post, Street Journal, Fox Corp, Fox, News Corp, HBO, Trump . Fox News, Disney, Sky News, Capitol, NPR, Nevada Supreme, Court, Corp, Old Media, Fair, NBC, Street Locations: Reno , Nevada, Nevada, Rupert's, Australia, Reno
CNN —Rates of enterovirus D68 infections are on the rise across the United States, according to the nonprofit WastewaterSCAN network. This common virus can lead to a rare but serious polio-like complication known as acute flaccid myelitis. Dr. Leana Wen: Enterovirus D68 is part of a group of more than 100 non-polio enteroviruses. CNN: What can you tell us about acute flaccid myelitis, the rare but dangerous complication that can result from enterovirus D68 infection? CNN: How likely is it that enterovirus D68 infection will result in acute flaccid myelitis?
Persons: Leana Wen, Wen, myelitis Organizations: CNN, George Washington University, US Centers for Disease Control, CDC Locations: United States
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