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Bitcoin investors shouldn't sell amid high volatility, Anthony Scaramucci said. He said clients have been dismayed by the crypto's big price swings. He said at the Bitcoin Investor Day conference that his advice to clients is to "act like you're dead." "So act like you're dead with your bitcoin and don't sell your bitcoin. That occurrence, industry experts say, could create a supply shock and ultimately push the price of bitcoin higher.
Persons: Anthony Scaramucci, , Anthony Pompliano, Scaramucci, Donald Trump, Charles Schwab, Bitcoin, Cathie Wood Organizations: Service, SkyBridge, Wall Street, White, Communications, Securities and Exchange, BlackRock, Fidelity, SEC
Many of these student-athletes have full-ride athletic scholarships that cover their tuition and fees, course-related books, and room and board. What's more, landing an athletic scholarship often isn't enough to fully pay for one's college education. While 2% of high-school athletes receive an athletic scholarship, Strasman said only about 1% receive a full-ride scholarship that fully covers expenses like tuition, books, and room and board. While any scholarship money is better than none, there's no guarantee those funds will be there all four years. "I would say likely the kids that have the biggest paydays that we're hearing about are often already on scholarship," Strasman said.
Persons: , it's, Lisa Strasman, Strasman, Strassman, there's, University of Iowa's Caitlin Clark, Clark, Bill Carter, haven't Organizations: Service, Business, Power, NCAA, University of Iowa's, Sports Business
A 23-year-old man in Taiwan had his legs amputated to receive a $1.3 million insurance payout, prosecutors said. Just days before, Zhang bought several expensive life insurance, travel insurance, and accident insurance policies, prosecutors said. Local media, citing prosecutors, reported that Zhang had claimed $7,200 from one insurer, but this money would be seized. The department's chief inspector, Tom Hill, said an increasing cost of living may push people to consider insurance fraud. AdvertisementThe FBI estimates that an annual $400 to $700 from the average US family's insurance premiums goes to covering insurance fraud costs.
Persons: , Zhang, Liao, Tom Hill Organizations: Service, Taiwan Criminal Investigation, Local, London Police's, Department, FBI Locations: Taiwan, Taipei, City, London, South Korea
New York CNN —Lyft and Uber will stop offering services in Minneapolis on May 1 after the city council overrode the mayor’s veto of a minimum wage for rideshare drivers. The city council on Thursday voted 10-3 in favor of the override, allowing rideshare drivers to be paid the local minimum wage of $15.57 an hour. “Everyone wants to see Uber and Lyft drivers get paid more. However, the analysis Frey referred to showed lower numbers — $0.89 per mile and $0.49 per minute — to make minimum wage. Minneapolis is debating the minimum wage as gig workers across the country are advocating for fair wages and job benefits.
Persons: New York CNN — Lyft, Uber, Lyft, , it’s “, Jacob Frey, ” Frey, Frey, Tim Walz, ” Lyft, – CNN’s Jennifer Henderson, Ramishah Maruf Organizations: New, New York CNN, CNN, Twin, WCCO, Minnesota Gov, Democrat, Uber, New York City Locations: New York, Minneapolis, Twin Cities, Minnesota, California
Justin Timberlake released his new album "Everything I Thought It Was" on Friday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJustin Timberlake's latest effort, "Everything I Thought It Was," isn't as bad as you might expect — but that's only assuming you make it through the first song. Related storiesTo put it more honestly, "Memphis" tempted me to turn off the album within its first few minutes. AdvertisementBut the song's worst offense is the outro, which Timberlake raps with all the charisma of a G-Eazy impersonator.
Persons: Justin Timberlake, , Justin Timberlake's, underwhelming, Janet Jackson's, Britney Spears, Timberlake, Coco Jones, he's, Nobody, Jessica Biel, Silas, Phineas, I'm Organizations: Service Locations: Memphis, Hollywood
The measure requires ride-hailing companies to pay drivers at least $1.40 per mile and $0.51 per minute for the time spent transporting a rider — or $5 per ride, whichever is greater — excluding tips. Photos You Should See View All 60 ImagesCritics of the bill say costs will likely spike for everyone, including people with low incomes and people with disabilities who rely on ride-hailing services. Supporters say the services have relied on drivers who are often people of color and immigrants for cheap labor. “Today’s vote showed Uber, Lyft, and the Mayor that the Minneapolis City Council will not allow the East African community, or any community, to be exploited for cheap labor,” Osman added. Seattle and New York City have passed similar policies in recent years that increase wages for ride-hailing drivers, and Uber and Lyft still operate in those cities.
Persons: — Lyft, Uber, Lyft, ” Lyft, ” Uber, Jacob Frey’s, ” Jamal Osman, , ” Osman, Tim Walz, ” Walz Organizations: Republicans, City Council, Minneapolis City, Democratic, Uber, Associated Press Locations: MINNEAPOLIS, Minneapolis, Seattle, New York City
Nightjet seating carriage - $40The author's seat on an overnight train in Europe. Joey Hadden/Business InsiderMy worst experience on an overnight train was in Europe. In October 2022, I took a 12-hour ride from Berlin to Vienna with the Austrian Federal Railway's OBB Nightjet line. Since I was traveling on a budget, I booked the cheapest accommodation on the train. The accommodation didn't include sheets or a pillow, as it's not recommended for overnight travel, a representative of the train line previously told Business Insider.
Persons: Joey Hadden Organizations: Austrian Federal, OBB, OBB Nightjet Locations: Europe, Berlin, Vienna
The 10-minute walk took me past a row of colorful houses and apartments, red-and-yellow nasturtiums poking from their yards. The train ride, too, gave me precious time to read. It turned out swapping the train for two wheels took a bit more sweat, but no more time at all. My route took me under freeways, but most of the streets I took were so quiet that I could hear birds singing. AdvertisementGiving up my car has made me healthier, happier, and more connected to my neighbors than before.
Persons: I'd, California's, I've Organizations: Service, Oakland Locations: Los Angeles, America, South Berkeley, Oakland, Berkeley, Chance
At least 50 people were injured Monday by what LATAM Airlines described as a “strong movement” on the Chilean plane traveling from Sydney to Auckland, New Zealand. “Some of the roof panels were broken from people being thrown up and knocking through the plastic roof panels in the aisle ways. Passengers were met by paramedics and more than 10 emergency vehicles when the flight touched down in Auckland. “If you were in your seat, you went straight up to the ceiling and bounced off the roof. I just happened to be one of the lucky ones who was strapped in for that incident,” Jokat told ABC.
Persons: Brian Jokat, , LATAM, LA800, ” Jokat, Organizations: SYDNEY, LATAM Airlines, Boeing, Auckland Airport, ABC, ” LATAM Airlines, Passengers Locations: Australia, New Zealand, Sydney, Auckland , New Zealand, Santiago, Chile, Auckland
Bri, a single mom of four, is struggling to make ends meet driving for DoorDash and Walmart Spark. Bri turned to gig driving after a knee injury made her previous job at an Amazon warehouse untenable. Gig driving with a disabilityBri was a business owner in home healthcare, but once the pandemic struck, she lost access to many of her clients. She was unsure how long Amazon's disability payments would last, and gig driving was one of her only options. She's driving her daughter's car after she wrecked hers a few months ago.
Persons: Bri, , aren't, Lyft, Uber, DoorDash, She's, GrubHub, she's, hasn't, there's, I've Organizations: DoorDash, Walmart, Service, Business, Doordash, Amazon, Down, UPS Locations: Fort Worth , Texas, New York City, Galveston, Texas, bam, DoorDash
There's a party happening in stocks in 2024, and though investors may be reluctant, it could be time to think of taking a few chips off the table. My portfolio has recovered [from 2022],'" said Marguerita Cheng, certified financial planner and CEO of Blue Ocean Global Wealth in Gaithersburg, Maryland. "I tell people we're not selling everything, but we need to give the portfolio the TLC it deserves – this is the fine-tuning of your portfolio," she added. Be tax aware: Investors may be wary of selling highly appreciated holdings within their taxable accounts, which can incur levies on capital gains. Cheng of Blue Ocean has been turning toward dividend payers, as well as small and midcap stocks.
Persons: There's, they're, Marguerita Cheng, it's, Morningstar, Carla Adams, , Sean Lovison, Cheng, Russell, Matson, – that's, It's, Jon Ulin Organizations: Nasdaq, Dow Jones, Netflix, Blue, Global Wealth, CNBC's, CFP, Ametrine, Investors, redeploy, Pfizer, Micron Technology, Holdings, Federal Reserve, Ulin, Wealth Management Locations: Gaithersburg , Maryland, Lake Orion , Michigan, Moorestown , New Jersey, SDVY, Boise, Boca Raton , Florida
Washington, DC CNN —First lady Dr. Jill Biden isn’t holding back as her role in her husband’s reelection campaign comes into sharper focus. The first lady is juggling her campaign work with her official role and her full-time teaching job at Northern Virginia Community College. She’s going to go to a variety of areas in this country,” a source familiar with the planning said. Biden campaign advisers believe the first lady’s appeal has far reach – particularly with women and grassroots supporters and in moderate parts of the country. “Here’s the thing about men like Donald Trump - they underestimate our power because they don’t understand it,” she said in Atlanta.
Persons: Jill Biden isn’t, Donald Trump, “ I’ve, Joe, , Roe, Wade, , Harris, “ Donald Trump, she’s, Biden Jill Biden, “ She’s, Biden, ” Biden, Julie Chavez Rodriguez, SSRS, Harris ”, “ We’re, We’re, Dr . Biden, ” She’s, Trump Jill, Katie Rogers, Rogers, Trump, Hillary Clinton, Joe Biden, Kamala Harris, Jill Biden, “ Trump, Robert Hur, Beau Biden, Anita McBride, Laura Bush, Court’s Dobbs, Kate Cox, “ We’ve, “ It’s, ” McBride Organizations: DC CNN, Biden, Harris ”, Trump, CNN, White, Northern Virginia Community College, Paris, Democratic, , Super, Democratic Party, Arizona, Republican, what’s, Atlanta, Wine Locations: Washington, Atlanta, Georgia, Arizona , Nevada, Wisconsin, Italy, Israel, Tucson , Arizona, Houston, Texas
Reviews for the Tesla Cybertruck are positive — so far. AdvertisementOfficial reviews for Tesla's Cybertruck are rolling in, and so far, the hulking stainless steel truck is largely living up to the hype. The complaints, much like the truck itself, are rather unique compared to a typical pickup-truck review. "You'll need thick skin if you own one, especially if you post photos of it online where the trolls are especially toxic," Elliot wrote. AdvertisementHave you driven the Tesla Cybertruck yet?
Persons: , Tesla's, hangups, there's, Hannah Elliot, WSJ's Dan Neil, Neil, 4x4s, Elliot Organizations: Tesla, Service, Bloomberg Locations: Hollywood
Inflation is on a rollercoaster path downwards, BlackRock's chief investment strategist warned. Despite a recent decline, the asset manager thinks prices could rebound in 2025 before continuing lower in the longer term. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementInflation could get worse over the next year before it gets better, according to BlackRock's chief investment strategist Wei Li. The world's largest asset manager has repeatedly warned that inflation will be on a rollercoaster ride, rather than fall in a straight line.
Persons: , Wei Li, Li Organizations: Service, Business
"The Vince Staples Show" is a semi-autobiographical series featuring the rapper navigating life in Long Beach. "The Vince Staples Show" opens with this disclaimer. Each episode lacks enough time to give viewers what they really want"The Vince Staples Show" episode 5, season 1. Staples shines when it appears he's being himselfIn "The Vince Staples Show," season 1, episode 2, Staples recognizes the bank robber as one of his friends. "The Vince Staples Show" is a limited-run five-episode series that may very well be a teaser to gauge response before Netflix commits to more episodes.
Persons: Vince Staples, Staples, , Netflix Staples, Kenya Barris, Ian Edelman, Ramona, serendipitously, Andrea Ellsworth, Anita, Vanessa Bell Calloway, Rick Ross, he's, George Clooney, Queen Latifah Organizations: Service, Netflix Locations: Long Beach, Long Beach , California, America, Long, Staples
NASA's new space telescope spotted a 13 billion-year-old galaxy that is much too complex to exist that early in the universe. The galaxy, which is bigger than the Milky Way, could upheave what we know about how dark matter shaped the early universe. Light travels at a fixed speed through space, so the image of these early galaxies in the past is only reaching us now. According to current cosmology models, that should not be possible because dark matter is not supposed to have been mature enough at that time. "This dark matter — we don't know what it actually is —started out really smooth, with only the tiniest of ripples.
Persons: , Karl Glazebrook, James Webb, Ivo Labbe, Swinburne University of Technology —, Labbe, Claudia Lagos, it's Organizations: Service, Swinburne University of Technology, Telescope, Reuters, University of Western Locations: University of Western Australia
Carbon credits have been through a tough time. But since then, the voluntary carbon market (VCM), where carbon credits are traded, has faced intense criticism for the actual emission reduction the credits provided. "So, definitely, it was a bumpy ride," said Allister Furey, cofounder and CEO of carbon credit rating and data provider Sylvera. In a vote of confidence from venture capitalists, January also saw carbon credit insurer CarbonPool secure $12 million, carbon credit investment platform Cultivo raise $14 million, and carbon project developers platform BlueLayer come out of stealth with $10 million. In all, it signals the start to the end of the carbon credit "wild west," Sylvera's Furey said.
Persons: couldn't, Verra's, Allister Furey, issuances, Mark Kenber, Sylvera's Furey, Lubomila Jordanava, Nathan Bonnisseau, Lubomila Jordanova, Magnus Drewelies, Ben Rubin Organizations: Business, Guardian, BI, Sylvera, Carbon Business
AdvertisementTake a spin around the internet, and it's clear that I'm not the only one with some questions about framing. For preservation purposes, framers will suggest acid-free, lignin-free materials so the art won't get damaged, which adds to the cost. "Glass is incredibly expensive, and part of it is because it's made specifically for picture framing. The day after I spoke with a manager at a midsize framing shop in Brooklyn, I followed up to ask about general price ranges on moldings and mats. How much did the thing you want to frame cost?
Persons: I'd, I've, Big, Hope Dye, they've, Dye, Sven Olsen, Michaels, Kevin Ivester, it's, wouldn't, Ivester, what's, They're, they're, Olsen, Framebridge, that's, Julia Lovett, Lovett, Austin, you've, Julia Mack, Emily Stewart Organizations: Studios, Michaels, Business Locations: Chicago, Mexico, Austin, Brooklyn
The IM-1 mission's landing helps catapult the US into a 21st-century space race to the moon's south pole. AdvertisementAn American moon lander touched down on the lunar surface for the first time in over 50 years on Thursday. For its last lunar landing attempt in January, NASA partnered with the Pittsburgh-based company Astrobotic Technology to send its Peregrine spacecraft to the moon. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.
Persons: , Astrobotic, Odysseus, Tim Crain, Japan's, Trent Martin, NASA hitches, they're Organizations: NASA, Service, Houston, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China
Intuitive Machines mission control reported that it was receiving pings from the lander, which means it touched down at about 6:24 p.m. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. Intuitive MachinesNASA has several CLPS missions scheduled over the next two years, including two more with Intuitive Machines. AdvertisementEven later this year, a different Intuitive Machines spacecraft is scheduled to head to the western edge of the moon's near side. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.
Persons: Astrobotic, Odysseus, Tim Crain, , Japan's, Trent Martin, NASA hitches, they're Organizations: Houston, NASA, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China
When my mother was 62 years old, she dusted off a clunky Cannondale with Mary Poppins handles and joined a bicycling group. She had no background as an outdoor activity enthusiast: She did not camp or hike, had never, say, paddled a kayak. My friends are simply responding to the very real negative messaging around older women: fading looks, frail bones, cognitive decline, no cultural significance. In one instance, Dr. Levy looked at data from a longitudinal study and came to this astonishing conclusion: Mind-set was the most significant factor determining individuals’ longevity. Dr. Levy’s studies show us that we need to believe fervently in the vitality of our future.
Persons: Mary Poppins, , Becca Levy, Levy Organizations: Yale
Read previewChina’s leading ride-hailing firm has dropped out of a program that allows it to test self-driving vehicles on Californian public roads. Ride-hailing giant Didi has withdrawn from California’s autonomous vehicle testing program, according to the California Department of Motor Vehicles, as several rival Chinese firms also scaled back their self-driving operations in the state. Future Publishing/Getty imagesDidi is not the only Chinese company that appears to be scaling back autonomous vehicle testing in California, or pulling out entirely. That's a significant decline from the previous year, when Chinese autonomous vehicle companies conducted over 450,000 miles of testing. AdvertisementHe said that public backlash toward autonomous vehicles in cities like San Francisco had increased the risks of negative PR for companies testing the technology on public roads.
Persons: , Didi, WeRide, AutoX —, That's, Sesame, Bob Latta, Cruise, that's, ” John Helveston, ” Helveston Organizations: Service, California Department of Motor Vehicles, Business, DMV, Baidu, Future Publishing, Pegasus Technology, NBC, Republican, Anadolu, Getty, George Washington University Locations: California, Shanghai, China, Jiaxing, San Francisco
Jayla, 28, spent two years driving for Uber and Lyft and struggled to find stable housing and provide for herself and her son. But after switching jobs and becoming a bus driver in late 2023, she's now living in her own apartment. After landing a bus driver position and a W2, she secured an apartment in Akron despite no luck in Texas. AdvertisementBecoming a school bus driverShe decided to become a school bus driver as she could work morning and afternoon shifts while working around her son’s day care schedule. The same day she applied, she was hired as a bus driver for her local Akron school district.
Persons: Uber, Lyft, she's, that’s, ” Jayla, Jayla, , I’ve, she’s Organizations: Service, Business, Lyft, Hertz, Akron Metropolitan Housing Authority Locations: Akron , Ohio, Houston, Akron, Texas, Lyft
About six months later, after doing their own research, they discovered low-cost index fund investing , a relatively low-risk and hands-off strategy that aims to match the returns of a specific market index. Putting their money to work in stock market index funds helped them reach their current net worth of just above $1 million — but it’s not their only investment. BI verified their net worth by looking at investment account screenshots and property appraisal documents. Bond market index funds“While stocks and rental real estate can generate high returns, they’re also volatile,” they write. “To smooth out the ride, we hold bonds.”Specifically, they hold the Vanguard Total Bond Market Index Fund ( BND ).
Persons: Lauren, Steven Keys, , ” Steven, Steven, we've, it’s, , they’re, Keys, “ It's, Roth IRAs, Roth Organizations: Business, Vanguard, Market Index, Index, ” Employees, HSAs Locations: Gainesville , Florida, We're
I had a surprising experience on the Venice Simplon-Orient Express, a luxury sleeper train. The train exceeded my expectations with a red carpet, fine dining, and a dress code. But none of those rides surprised me like the Venice Simplon-Orient Express, a luxury Belmond train made of vintage Orient Express carriages that are nearly 100 years old. I recently booked a one-night ride from Paris to Venice, Italy, in the cheapest available accommodation, a private cabin that cost $9,000. This was my first-ever luxury train ride, and while I expected high-end details, some surprises made my trip feel more lavish than I'd anticipated.
Persons: , I've Organizations: Orient Express, Service, Amtrak Locations: Venice, Europe, Coast, Germany, Austria, Italy, Paris
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