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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPrivate credit ETFs could provide opportunity to retail investors, says Moody's Ana ArsovAna Arsov, Moody’s Ratings global head of private credit, joins CNBC's 'The Exchange' to discuss Wall Street's efforts to bring private credit to retail investors, how private credit ETFs differ from bank loan ETFs, and more.
Persons: Moody's Ana Arsov Ana Arsov
Walter Isaacson said Elon Musk's AI motives likely stem from early ambitions inspired by sci-fi themes. Isaacson said Musk told him he wanted to start an AI company because he didn't trust Sam Altman. "He's telling me, 'I'm gonna start from scratch an AI company 'cause I don't trust Sam Altman,'" Isaacson recalled in an interview with CNBC's Squawk Box published Friday. The AI company competes directly with OpenAI, which he helped found and fund before a reported falling out. Isaacson, Musk, and xAI did not immediately respond to a request for comment from Business Insider.
Persons: Walter Isaacson, Elon, Isaacson, Musk, Sam Altman, , Elon Musk, lounging, CNBC's, he's, Isaac Asimov, He's, Isaac Asimov's, Douglas Adams, Altman, OpenAI, they're, xAI Organizations: Service, Twitter, SpaceX, Yorker, Business Locations: Austin
The feature uses the information you feed it to create a "deep dive" discussion hosted by two AI hosts. Based on the information you feed it, it generates a "deep dive," podcast-like discussion hosted by two AI hosts. Related storiesTo my surprise, this NotebookLM-generated podcast exceeded anything I'd heard so far in terms of AI voice quality. Like any AI tool though, Audio Overviews isn't perfect. Audio Overviews is probably my favorite AI tool I've tried out so far — and it showcases the innovative ways AI can be used in our daily lives.
Persons: Google's NotebookLM, , livia M oore, ingle, hough, hatter, ike, oices Organizations: Service Locations: NotebookLM
Westrap has tried to abstain from buying anything unnecessary — and it's taken a weight off her shoulders. I didn't feel like I was living this really extravagant lifestyle. It got harder in the summer when I wanted to buy summer clothes, go to a pub garden, treat myself, and have the summer of my dreams. I've never once in my life finished a month with a positive number — but this year I've finally managed to save. It's like a weight off my shoulders that I didn't realize I had and I just feel so much lighter.
Persons: Mia Westrap, Westrap, it's, , hasn't, It's, I've, I'd, haven't Organizations: Service
Josh Brown Photo: Duncan HillJosh Brown once had this idea that in order to be a financial advisor, you needed to be buttoned up and fit a particular mold. Throughout his new book, "You Weren’t Supposed To See That: Secrets Every Investor Should Know," Brown encourages investors to look beyond the surface level of financial advice you see in traditional and social media. "The hidden truth about American-style capitalism is that if everybody is good all at once, the whole thing breaks down. Gen Z doesn't need financial planning advice. 'Gen Z doesn't need financial planning advice'
Persons: Josh Brown, Duncan Hill Josh Brown, Brown, Joshua Brown, Ana Teresa Solá, James Moock, Gen, They're, they've, X, Let's Organizations: CNBC, Ritholtz Wealth Management, Finance, New York Stock Exchange, ATS Locations: New York City
"The trend was inevitable," said Teresa Ghilarducci, professor of economics at The New School for Social Research in New York. "The lack of affordable childcare may be playing a role," according to Richard Fry, a senior researcher at Pew. "The childcare crisis, which was simmering prior to the pandemic, has come to a boil," according to a KPMG analysis. A study by the Pew Research Center found that men who are not college-educated leave the workforce at higher rates than men who are. "When you don't get rewarded for working, you work less," Fry said.
Persons: Teresa Ghilarducci, Richard Fry, , Pew's Fry, Fry Organizations: Federal Reserve, The New School for Social Research, Pew Research Center, Pew, KPMG Locations: New York
However, many are renting in their retirement years. Most older adults, those at least 65 years old, own their homes, according to the Joint Center for Housing Studies at Harvard University. Renting in retirement years can be a positive because older people can avoid costly maintenance associated with the upkeep of a home. "Renting often offers more amenities, less maintenance, more accessibility," said Jennifer Molinsky, director of the housing an aging society program at the Joint Center for Housing Studies. And unlike younger renters, adult renters in retirement years could be especially vulnerable to rent hikes because they are on fixed income, experts say.
Persons: Jennifer Molinsky, Roth, Lazetta Rainey Braxton, Braxton Organizations: Joint Center for Housing Studies, Harvard University, Finance, CNBC Locations: U.S
At least 125 places from the West Coast to the Rockies have tied or broken all-time October heat records since the month began. It’s another reminder that extreme heat is no longer confined to the summer as the world warms due to fossil fuel pollution. “If we continue to warm the plant by burning fossil fuels, late-season heat waves like this will become much more common.”California has been at the epicenter of the extreme heat. The record-breaking heat began before the calendar flipped to October. Phoenix could reach two consecutive weeks of record-breaking heat as it remains stuck in it into at least midweek.
Persons: ” Kristina Dahl, California’s, ” Dahl Organizations: CNN, Rockies, Union of, Phoenix, Denver, National Weather Service Locations: United, West Coast, California, San Jose , California, Las Vegas, Phoenix, Maricopa County, Colorado, Denver, Los Angeles, West, Sacramento, Santa Ana
TOKYO — A regional airport in southwest Japan was closed on Wednesday after a U.S. bombshell, most likely dropped during World War II to stem “kamikaze” attacks, exploded near its runway, causing nearly 90 flight cancellations. Miyazaki Airport shut its runway after the explosion caused a crater 23 feet wide and nearly 3 feet deep in the middle of the taxiway next to the runway, according to a Japanese transport ministry official. No injuries were reported, but live cam footage showed an airplane had been taxiing nearby just two minutes before the explosion, according to local broadcaster MRT. Multiple unexploded bombs have previously been found at Miyazaki airport, the transport ministry official said. More than 79 years since the end of the war, unexploded bombs from the intense airstrikes are still found across Japan today.
Persons: Yoshimasa Hayashi Organizations: Miyazaki, Defense Force, JAL, ANA, Self - Defense Forces Locations: TOKYO, Japan, U.S, American, Miyazaki, Tokyo, Osaka, Fukuoka, Kyushu
OpenAI's $6.6 billion funding raise attracted some big names across the industry. The $6.6 billion round gave OpenAI a $157 billion post-money valuation and minted it into one of the most valuable startups in the world. MicrosoftMicrosoft invested a little under $1 billion into OpenAI's latest funding round, according to The Wall Street Journal report. FidelityFidelity also participated in OpenAI's latest funding round. AdvertisementAltimeter Capital ManagementAltimeter Capital Management also contributed to OpenAI's latest funding round, according to reports.
Persons: , Sam Altman, OpenAI, Here's, Anderson Cooper, Josh Kushner, Instagram, Kushner, Altman, josh, SoftBank, Masayoshi Son, Son, Marco Bello, Wood, Morningstar, Bing, Jensen Huang, Sam Yeh, Elon Musk's, Brad Gerstner, Gerstner, Vinod Khosla, Vaughn Ridley, Khosla, MGX Organizations: Service, Allen & Company Sun Valley Conference, Getty, Capital, Business, VC, Wall Street, Reuters, Vision Fund, Venture, ARK Invest, ARK Venture Fund, SpaceX, Microsoft Microsoft, Wall, Rival Apple, Microsoft, Nvidia Nvidia, Nvidia, Tiger Global Management, Fidelity Fidelity, Elon, Elon Musk's xAI, Fidelity, Capital Management, . Khosla, Getty Khosla Ventures, Sun Microsystems, United Arab, Bloomberg Locations: OpenAI, Silicon Valley, OpenAI ., Tokyo, Saudi, ARK, AFP, IPOs, America, United Arab Emirates
AdvertisementCareer consultants are pushing a bold new strategy for tech candidates: skip the recruiter DMs and go straight to the CEO. In today's highly competitive tech job market, candidates are looking for ways to stand out and differentiate themselves in the application process. AdvertisementBusiness Insider spoke to career coaches in the tech space to hear about why candidates may want to try this new tactic. It's not recommended for all jobsSome career coaches expressed mixed feelings on this new tactic, despite being approached about it by clients. AdvertisementBut while there's no magic formula to landing a tech job in this market, it's not a bad idea to think outside the box and get creative with your approach.
Persons: , DMing, Katie McIntyre, McIntyre, That's, Raj Subrameyer, Subrameyer, hasn't, It's, Albano Gega, Gega Organizations: Service, DMs, Microsoft, Google, LinkedIn Locations: CareerSprout
A 37-year-old manager at Microsoft says AI has changed his workflow. I still have a full workloadWhile AI has definitely helped with skipping mundane tasks, that's not exactly what my team's work is focused on. Whatever time I'm getting back from leveraging AI, I'm using it for some other work. Once the developers start writing code for these projects and do the actual work, that's where we leverage AI. So that's why developers are using AI wherever they can to reduce their time, but they are using any time saved for other tasks or other features.
Persons: , Santhosh Reddy, ChatGPT, I've, It's, I'm, it's Organizations: Microsoft, Service, Google Locations: OpenAI
New rules on buying and selling homes are in play, now that a settlement from a class-action lawsuit has taken effect. At the time of listing a property, the home seller negotiated with the listing agent what the compensation would be for a buyer's agent, which appeared on the MLS. "Now, the buyer chooses how much the buyer's agent makes, the sellers choose how much the seller's agents make," Glenn Kelman, CEO of online real estate brokerage firm Redfin, told CNBC. Any confusion around the new practices among agents and consumers will likely be temporary, said Kerry Melcher, head of real estate at Opendoor. "Real estate agents are good at moving the market," she said.
Persons: brokerages, TikTok It's, Glenn Kelman, Kerry Melcher Organizations: National Association of Realtors, MLS, Finance, CNBC Locations: U.S, Opendoor
Cabral: Lithium has found its bottom and is steadily recovering
  + stars: | 2024-09-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCabral: Lithium has found its bottom and is steadily recoveringAna Cabral, Co-Chair & CEO at Sigma Lithium, discusses the recovering lithium market, boosted by a Chinese recovery package.
Persons: Ana Cabral Organizations: Sigma Lithium
“He’s a strong person,” said Minnesota Sen. Amy Klobuchar, who’s known Walz since they were each first elected to Washington in 2006. (Though the Transportation secretary is not going as method as Harris’ Trump stand-in did and growing out a beard.) Walz and his team want commonsense indignation to come across, according to several in the know. As they monitor how Vance has been fencing with reporters in Q&As after his many events, Walz aides know their approach risks Walz getting rusty. Vice President Kamala Harris and Walz visit with members of the marching band at Liberty County High School in Hinesville, Georgia, on August 28, 2024.
Persons: Tim Walz, JD Vance, Kamala Harris, Harris, Walz, Donald Trump, Vance, , , Minnesota Sen, Amy Klobuchar, who’s, “ He’s, ” Walz, won’t, Alex Soros, “ That’s, Pete Buttigieg, Harris ’ Trump, Trump, pique, Joe Biden, wouldn’t, Mike Pence, Jeff Swensen, who’ve, that’s Harris, Ana Gallardo, Gallardo, “ I’m, Harris –, he’s, Blue Walz ”, doesn’t, Saul Loeb, Adrian Fontes, “ Tim Walz epitomizes, He’s, ” Fontes, don’t, we’ve, Jimmy McCain, Sen, John McCain’s, Joe Manchin, Manchin, Ed Kelly, Paul, Harris ’, Tim Ryan, ” Ryan Organizations: CNN, Trump, Yale, Minnesota, Ohio, Human, High School, Liberty County High School, Getty, White House, Democratic, Republican, InterContinental, Republican US, West, CBS, Senate Locations: Minnesota, Washington, Manhattan, York, Erie , Pennsylvania, exurban, Bethlehem , Pennsylvania, Hinesville , Georgia, Arizona, Pennsylvania, hustling, West Virginia, St, Georgia, New York
After being fired from her last job, she started her own business and is set to earn more than ever. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . When I switched to my second job out of college, I received a salary increase of about 20% and I felt like the possibilities were endless. I would say job pivoting has not only paid off in terms of my earnings increasing, but also my mental wellbeing. I now report to no one but myself, and I finally get to make a living on my own terms.
Persons: Megan Lieu, Lieu, , I've, who's Organizations: Service
Hurricane Helene killed at least 22 people and left millions without power across the Southeast before weakening on its way north Friday morning, officials said. Hurricane-felled trees caused two deaths in Anderson County, South Carolina, officials said. Debris left by Hurricane Helene in Cedar Key, Fla., on Friday. Miguel J. Rodriguez Carrillo / AFP - Getty ImagesMeanwhile, more than 4.3 million people are experiencing power outages in South Carolina, Georgia, Florida, North Carolina and Virginia, according to poweroutage.us, which tracks utility data. At 11 a.m., the storm was 30 miles southwest of Bryson City, North Carolina, moving northward with maximum sustained winds of 45 mph.
Persons: Helene, Floridians, Jamie Cruse, “ We’re, , , Bruce Rector, NBC’s, Megan Varner, Brian Kemp, Ron DeSantis, Roy Cooper, Hurricane, Miguel J, Rodriguez Carrillo, Ana Gibbs, Ronda Bell, Mike Stewart, Joe Biden, Deanne Criswell Organizations: National Hurricane Center, NBC, ” Clearwater, Georgia Gov, Florida Gov, Gov, North Carolina, Highway Patrol, AFP, Getty, Florida, & Light Company, Duke Energy Florida, Duke Energy, Federal Emergency Management Locations: Big Bend, Florida’s, Perry , Florida, Clearwater, Gulf Coast, Atlanta, Georgia, Pinellas County , Florida, Florida, Dixie County, North Carolina, Catawba County, Charlotte, Anderson County , South Carolina, Cedar Key, Fla, South Carolina , Georgia, Virginia, Valdosta, Ga, Carolinas, Charleston, Wilmington, Raleigh, Norfolk, Bryson City , North Carolina, Georgia , Florida , Alabama, South Carolina
A new WSJ report sheds light on the internal tensions at OpenAI amid CTO Mira Murati's exit. The report said execs worried the company could collapse when cofounder Ilya Sutskever left in May. AdvertisementQuestions are swirling about what exactly has been going on at OpenAI amid a string of high-profile executive departures including former CTO Mira Murati. AdvertisementIt also reveals that executives worried about a potential collapse after OpenAI cofounder Ilya Sutskever left in May, and their attempts to woo the AI researcher back before reconsidering the offer. However, the Journal's reporting offers some fresh details about Murati's involvement as CTO amid the crunch to ready and ship new products.
Persons: Mira Murati's, execs, Ilya Sutskever, , Mira Murati, Sam Altman, Murati's, Sutskever, Altman, hadn't, Jan Leike, Greg Brockman, Brockman, Murati, Sarah Friar Organizations: Service, Wall, Business, CNBC
A new WSJ report sheds light on the internal tensions at OpenAI amid CTO Mira Murati's exit. The report said execs worried the company could collapse when cofounder Ilya Sutskever left in May. AdvertisementQuestions are swirling about what exactly has been going on at OpenAI amid a string of high-profile executive departures including former CTO Mira Murati. AdvertisementIt also reveals that executives worried about a potential collapse after OpenAI cofounder Ilya Sutskever left in May, and their attempts to woo the AI researcher back before reconsidering the offer. However, the Journal's reporting offers some fresh details about Murati's involvement as CTO amid the crunch to ready and ship new products.
Persons: Mira Murati's, execs, Ilya Sutskever, , Mira Murati, Sam Altman, Murati's, Sutskever, Altman, hadn't, Jan Leike, Greg Brockman, Brockman, Murati, Sarah Friar Organizations: Service, Wall, Business, CNBC
Google struck a $2.7 billion deal with Character.ai., largley to rehire AI expert Noam Shazeer, WSJ reported. It's an eye-popping example of how expensive and in demand top AI talent is as competition heats up. AI career experts told Business Insider it's a bit like pro sports — the superstars are worth it. AdvertisementThere are plenty of stories out there about just how ruthless the hiring wars for AI talent have gotten. Grennan predicted this pattern will continue as the AI talent window stays hot for the next three to four years.
Persons: Noam Shazeer, , Shazeer, he's, it's, Mustafa Suleyman, Karen Simonyan, Andree Mendoza, Mendoza, Sergey Brin, Zuckerberg, Meta, Altman, Conor Grennan, Grennan, Noam Shazeer isn't Organizations: Google, Service, Nvidia, Wall Street, Business, Microsoft, Carex Consulting, Big Tech, NYU's Stern School of Business, Wall, Apple
The scientists had previously documented orcas (Orcinus orca) in the region chasing both dusky dolphins and long-beaked common dolphins (Delphinus capensis). Dusky dolphins measure about 7 feet (2 meters) long and weigh up to 187 pounds (85 kilograms). The Humboldt Current orcas weren’t eating dolphins exclusively; they hunted leatherback sea turtles, South American fur seals and Humboldt penguins, according to the study. But Humboldt Current orcas have a smaller white eye patch than known Type A orcas. A similar interaction was previously documented in Australia between an orca and a diver, but had never been observed in the Humboldt Current.
Persons: orcas, Luis Aguilar, CETALAB, Sarah Teman, , Teman, , Ana Maria García Cegarra, Alexander von Humboldt, García Cegarra, , García, ” Teman, Mindy Weisberger Organizations: CNN, Northern, Southern Hemisphere, Marine Science, Humboldt, of, Fishery Sciences, University of Washington, Alexander von Humboldt Institute of Natural Sciences, Chile’s University of Antofagasta, Research, Humboldt Penguin National Reserve, Hemisphere, International Union for, Chile’s Ministry of, Scientific Locations: Chile, South America, South, Antarctica, North America, Strait, Gibraltar, Scotland, Humboldt, Seattle, orcas, California, Argentina, New Zealand, Washington, British Columbia, Canada, American, Chilean Patagonia, Australia
While housing affordability remains a challenge for many buyers in the U.S., conditions are somewhat improving due to lower mortgage rates. Buyers need to earn $115,000 to afford the typical home in the U.S., according to a new report by Redfin, an online real estate brokerage firm. Both declines stem from lower mortgage rates, said Daryl Fairweather, chief economist at Redfin. "The only reason mortgage payments are down is because of the rate effect," Fairweather said. While housing overall continues to be unaffordable for most buyers, "this is as good as it gets," said Orphe Divounguy, senior economist at Zillow, as the market is generally seeing lower mortgage rates, more inventory and low buyer competition.
Persons: Redfin, Daryl Fairweather, Freddie Mac, Fairweather, Orphe Divounguy Organizations: Finance, Federal Reserve, Vanguard Locations: U.S
Meta AI now includes visual and voice capabilities, announced at Meta's Connect event on Wednesday. The chatbot can now edit photos you share and answer questions about what it's in them. Go to newsletter preferences Thanks for signing up! Meta AI can reply to photos shared in the chat and answer questions about what's in them, according to the company. For example, if you take a photo of a bird and don't know what kind it is, you can ask Meta AI to identify it.
Persons: John Cena, Michael Key, , Mark Zuckerberg Organizations: Meta's, Keegan, Service, Meta, Business
Read previewOpenAI stunned viewers when it showed off ChatGPT's Advanced Voice Mode at its Spring Update event in May. AdvertisementOpenAI will also release five new voices to Standard and Advanced Voice Mode in addition to the four already available. I've been trying out the alpha version of Advanced Voice Mode over the last couple of weeks, so here's what you can expect once you get access. Advanced Voice Mode also didn't give the thoroughness or detail that the text mode offers. ChatGPT's Advanced Voice Mode feels a world apart from Siri or other voice assistants, which don't offer smooth back-and-forth conversations or pick up on emotion.
Persons: , Scarlet Johanson — OpenAI, It'll, Edu, it's, I've, didn't, Siri Organizations: Service, Business, Enterprise, EU, American Locations: Switzerland, Iceland, Norway, Liechtenstein
Now, trade economists say Trump's latest trade threat makes no sense. I love the company, but as you know, they've announced a few days ago that they're going to move a lot of their manufacturing business to Mexico," Trump said at Monday's event. AdvertisementJohn Deere is the latest company to face a threat of tariffs from Donald Trump. It's not the first time Trump has threatened companies and Trump's threat to impose large tariffs on imports also isn't new. Trump's tariff goals going into the next election go beyond his former policy on international imports.
Persons: , Donald Trump, John Deere, they've, Trump, Jonathan W, Coppess, Ian Sheldon, Sheldon, Gary Hufbauer, Hufbauer, Rick Wilking, he's, Trump's, we're, Nicole Bivens Collinson, Sandler, Travis, Rosenberg, Collinson, " Collinson, Kamala Harris Organizations: Service, Business, Fox Business, Republican, University of Illinois, Agricultural Marketing, Trade, The Ohio State University, Peterson Institute for International Economics Locations: Mexico, Smithton , Pennsylvania, Iowa, United States, University of Illinois Urbana, Champaign, Canada, North America, Central America, South America, Georgia, China
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