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Learn moreAmazon Prime Day is a great time to stock up on discounted gift cards. We've rounded up the best gift cards you should take advantage of this Prime Day. The best gift card deals for Prime DayWhy we recommend these Amazon Prime Day gift card dealsGift cards are usually an easy option when giving a present. Many of the best gift cards we've seen during Prime Day are for food services, including restaurants and delivery. As with all gift cards purchased at any time of the year, read the fine print and check for any expiration dates.

Persons: we've Organizations: Business, Amazon

We're seeing many of the best Nespresso machines on sale, including Nespresso Original and Vertuo models, plus compatible pods. Prime Day sales will be live on July 16 and 17, but the Nespresso machines may go quick, so don't wait around to jump on these deals. The best Prime Day Nespresso dealsWe typically see one or two Nespresso machines discounted during sale events. Right now, you can save $70 on the Nespresso Vertuo Pop+ and Aeroccino, which brings this bundle to an all-time low price. Most Vertuo machines don't include milk frothers, but these are still great machines for households who want variety and convenience.

Persons: you've, We'll, Nespresso, Isabel Fernandez, lattes Organizations: Business, Prime, Amazon, Coffee, Brewers, Amazon Prime

View at Amazon What we like Check mark icon A check mark. Ability to review identified obstacles after cleaningCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at AmazonThe best Amazon Prime Day robot vacuum dealsAutomate your floor cleaning with one of the best robot vacuums. They're lightweight, and many of today's best cordless vacuum cleaners can rival even the most powerful uprights.

Persons: Dyson, Bissell, Miele, vacuums we've, We've, you've, vacuums, they've, iRobot, Roomba, we've, Decker, Smart, OmniForce Organizations: Business, Amazon, Samsung, Hoover, Prime, Kenmore, Dyson, Upright, Shark, Amazon LG, LG, Amazon Prime, nab, BISSELL Locations: iRobot, Eureka

☆ CNBC Daily Open: Trump attends RNC, Dow record close, bitcoin 'digital gold
▼ + stars: | 2024-07-16 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow record highThe Dow Jones Industrial Average closed at an all-time high after former President Donald Trump survived an assassination attempt. Trump lauded at RNCFormer President Donald Trump was cheered and celebrated at the Republican National Convention in Milwaukee, his first appearance since an assassination attempt at a Pennsylvania rally. [PRO] 'Super 8'UBS has updated its "Super 8" list of top Asian tech stocks, seen as alternatives to the US "Magnificent Seven."

Persons: Donald Trump, Russell, Jerome Powell, Trump, JD Vance, Ohio, Elon Musk, Powell, you've, Larry Fink, Fink, bitcoin, CNBC's, Donald Trump's Organizations: CNBC, Dow, Dow Jones, Nasdaq, Treasury, Federal, RNC, Republican National Convention, Sporting, Trump, BlackRock, CSI, Nikkei, UBS Locations: U.S, Milwaukee, Pennsylvania, Asia, Pacific, China, Hong

☆ CNBC Daily Open: Trump picks VP, Dow record close, bitcoin 'digital gold'
▼ + stars: | 2024-07-16 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Record highThe Dow Jones Industrial Average closed at an all-time high after former President Donald Trump survived an assassination attempt. Trump's VP pickDonald Trump has chosen Senator JD Vance of Ohio as his vice presidential running mate for the 2024 election. Fed may not waitPowell said the central bank will not wait until inflation reaches its 2% target to cut interest rates. Fink believes bitcoin can offer uncorrelated returns and act as a hedge against currency debasement caused by excessive deficits.

Persons: Donald Trump, Russell, Jerome Powell, Trump's, JD Vance, Ohio, Trump, Vance, Biden, Powell, you've, Larry Fink, Fink, bitcoin, CNBC's, Goldman, Goldman Sachs, Denis Coleman, Colin Langan Organizations: CNBC, Dow Jones, Nasdaq, Treasury, Federal, Truth, Trump, Republican, BlackRock, Goldman, JPMorgan, Citigroup, Wall Locations: U.S, Wells

☆ This key measure of the US economy held surprisingly steady
▼ + stars: | 2024-07-16 | by ( Bryan Mena | ) edition.cnn.com time to read: +2 min

US retail spending has been mostly flat since the beginning of the year, holding steady in June, the Commerce Department reported Tuesday. Consumer spending is American’s main economic engine, powering two-thirds of the US economy. Retail sales, which capture spending on goods and food services, make up a big chunk of overall spending. Unemployment has crept up in recent months as evidence mounts that the American shopper is spending more cautiously nowadays. Retailers have said in recent months that a growing number of shoppers are now opting for cheaper alternatives.

Persons: Washington CNN — It’s, aren’t Organizations: Washington CNN, Commerce Department, Federal Reserve, Wall

The best Prime Day AirPods deals include the big discounts on the brand's wireless earbuds and high-end over-ear headphones. The best Prime Day AirPods deals are expected to last through July 17, but certain models could sell out before the event ends. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Apple sells three earbud-style AirPods: the second-gen AirPods, third-gen AirPods, and AirPods Pro.

Persons: Max, AirPods, you've, they're Organizations: Business, Amazon Prime, ANC, Apple, Apple AirPods, AirPods

☆ Bank of America tops estimates on better-than-expected investment banking
▼ + stars: | 2024-07-16 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing titled "Annual Oversight of Wall Street Firms," in Hart Building on Wednesday, December 6, 2023. Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees. Net interest income slipped 3% to $13.86 billion, essentially matching the StreetAccount estimate. Executives have told investors in April that net interest income would bottom in the second quarter. Wells Fargo shares fell on Friday when it posted disappointing NII figures, showing how much investors are fixated on the metric.

Persons: Charles Scharf, Wells, Brian Moynihan, Jamie Dimon, JPMorgan Chase, Wells Fargo, Goldman Sachs Organizations: Bank of America, JPMorgan, Banking, Housing, Urban Affairs Committee, Wall Street Firms, Revenue, JPMorgan Chase, Citigroup Locations: Wells Fargo, Hart

AdvertisementThe Thiel effectFor Vance, Thiel's influence first left its mark when he was still a student. Thiel also got a shoutout on the acknowledgments page of Vance's 2016 book, "Hillbilly Elegy." The former PayPal CEO has given $15 million to Vance's campaign, Politico reported — the largest donation ever given to one Senate candidate. AdvertisementOne of Trump's biggest donors in the 2016 presidential campaign, Thiel has re-emerged as a key player in the MAGA movement after largely sitting out the 2020 election. Thiel also appears to have pulled some of his Silicon Valley strings to advance Vance's campaign.

Persons: —, JD Vance, Peter Thiel, Vance, Donald Trump, Thiel, Palantir, Elon Musk, Thiel's, meaninglessness, Tolkien, Steve Case, Trumper, Win McNamee, MAGA, Trump, David Sacks, Musk, Sacks, Tucker Carlson, Nordin Catic, Mark Zuckerberg Organizations: Service, Republican National Convention, Republican, White, Business, PayPal, Trump, Bloomberg, Yale, Yale Law School, Thiel's, Mithril, Narya, Politico, Republican Party, Fox News, Cambridge University Union, Facebook, Palantir Technologies, Spotify Locations: Milwaukee, Ohio, Mithril, Mar, Cambridge, England, Airbnb

☆ Money launderers are increasingly turning to crypto to conceal flow of funds, Chainalysis says
▼ + stars: | 2024-07-16 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

Money launderers are increasingly using cryptocurrencies to conceal the origins and movement of illegally-obtained funds, according to a report by Chainalysis. In 2024, money laundering in crypto encompasses all crime — not just that which is inherently tied to the crypto ecosystem," the blockchain analytics firm said in a July report. Money launderers use various methods such as crypto mixers, cross-chain bridges and "hops" between wallets to conceal the flow of funds. Crypto mixers, or tumblers, involve mixing crypto from various sources to make the detection of their origin and ownership difficult. Bad actors also leverage on crypto bridges to hide the origins of funds by moving them between different blockchain networks.

Persons: — Locations: Paris, France

☆ Premarket stocks: The Dow’s surge is a calculated response to political turmoil
▼ + stars: | 2024-07-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Tragedy strikes and traders (or trading algorithms) sniff out a way to make money off of it. Stocks also went on a tear as Covid-19 killed millions and gutted economies across the globe. “The market’s up today, but the market’s up every day,” Steve Sosnick, chief strategist at Interactive Brokers, tells me. Whether or not the political bump lasts, some traders did seize on the moment to double down on so-called Trump trades. In short, when the yield curve gets steeper, that’s a sign bond traders are nervous.

Persons: CNN Business ’, Stocks, it’s, Steve Sosnick, Sosnick, ”, “, Trump, Reagan, Coinbase, Elon Musk, Sturm Ruger, he’s, Joe Biden —, ” Sosnick, they’re Organizations: CNN Business, New York CNN — Financial, Dow, Interactive, Trump, White, Macquarie, Trump Media, Smith, Wesson, Democratic, Treasury Locations: New York

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Persons: Sharp, OLED Organizations: Business, Dell, LG, Asus, Amazon, Amazon LG, AMD, Amazon Dell, Samsung, Amazon Prime

☆ I quit a 13-year tech career because motherhood changed my priorities. I have no regrets.
▼ + stars: | 2024-07-16 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. After a 13-year tech career, I founded Curio, a subscription book club that fosters bilingual learning in children. Early in my career, I held positions as a software engineer at Morgan Stanley, Redi Technologies, and Amazon. I then worked at a startup and AppNexus before becoming the senior engineering manager and head of search engineering at Slack. I work more hours than I did at SlackI have more flexibility than at Slack, but my working hours are longer.

Persons: —, Hera Wentong Li, Morgan Stanley, Slack, Curio, Kimberly Atiyeh, we're, Kimberly, strategize, I'm Organizations: Service, Cornell, Business, Redi Technologies Locations: New York City, Singapore

☆ The dark side of double dipping: 3 people juggling multiple full-time jobs share how they do it
▼ + stars: | 2024-07-16 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +6 min

Read previewThe pay and benefits of a full-time job aren't always enough to sustain an employee's lifestyle and monetary goals. From 9-to-5, she worked a remote marketing job, and from 5 to 10, she worked a low-lift customer service job. AdvertisementIn September 2022, she left her full-time job and created a job-juggling system to avoid legal and professional consequences. If it ever does come up, I make it seem like the dates overlap less than they did," McGill told BI. AdvertisementDespite the risky overlaps and long hours, McGill said she was happy with her choice.

Persons: —, aren't, Jane, I've, Kendall McGill, McGill, didn't, We've, Davrick Hayes, Hayes, Tess Martinelli, tmartinelli@businessinsider.com Organizations: Service, Business, BI, Apple, McGill Locations: LA, North Dakota

A high-yield savings account has a higher interest rate than a typical bank savings account. A financial planner says they work best for short-term savings goals, like planning for a vacation. Here are three situations where Betts says you should definitely keep your cash in a high-yield savings account. Creating a travel budgetBetts advises his clients to use a high-yield savings account to save up for their travels. Paying down debtExperts recommend only keeping three to six months in a high-yield savings account for emergencies.

Persons: Spencer Betts, Betts, They're

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☆ Amazon CEO says this ability separates successful careers from stagnant ones: ‘You have to be ravenous’
▼ + stars: | 2024-07-15 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

The key to success is to never stop trying to learn new things, according to Amazon CEO Andy Jassy. "You have to be ravenous and hungry to find ways to learn," Jassy said last week in a video posted by Amazon about the company's famous list of 16 leadership principles, originally penned by founder Jeff Bezos. One of those principles, "Learn and Be Curious," says the best leaders "are never done learning and always seek to improve themselves." Jassy said he's seen that ability make the biggest difference between people who successfully grow their careers and those who remain "stagnant." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Andy Jassy, Jassy, Jeff Bezos, he's, Aneesh Raman, Bezos, Julia Stewart, Stewart, I've, I'm Organizations: Amazon, CNBC

☆ Burberry CEO is out after company warns about its profit
▼ + stars: | 2024-07-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —British luxury brand Burberry is replacing its chief executive following another disappointing quarter in which sales plunged more than 20%. Jonathan Akeroyd is leaving Burberry with “immediate effect,” the company said in its earnings release Monday, and replacing him with Joshua Schulman, a luxury wear veteran that has held CEO roles at Coach and Michael Kors. A global slowdown on spending on luxury goods has also forced Burberry to issue a profit warning, and it scrapped its dividend. “There is a sense that Burberry has been on the back foot and that Jonathan Akeroyd’s revitalization plans have largely failed to stop the rot,” Saunders told CNN. “A course correction has been needed for some time and Burberry is hoping a new CEO can deliver this.”

Persons: Jonathan Akeroyd, Joshua Schulman, Michael Kors, Akeroyd, Burberry, Gerry Murphy, ” Murphy, “, Neil Saunders, Jonathan Akeroyd’s, ” Saunders, ” Organizations: New, New York CNN, Burberry, London Stock Exchange, GlobalData, CNN Locations: New York

☆ Stock market today: Stocks rise as Trump bets rally after failed assassination attempt
▼ + stars: | 2024-07-15 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks surged to record highs as markets mulled the impact of the attempted assassination of Donald Trump over the weekend. Investors anticipate the attempt will boost Trump's chances in the November Presidential election. AdvertisementUS stocks moved higher on Monday to test record highs after former President Donald Trump survived an assassination attempt over the weekend. Investors are betting that the tragic attempt on Trump's life will help hand him to the Presidency once again in November. A higher US dollar could also be in store under a potential Trump Presidency in November, though the dollar was about flat in early Monday trades.

Persons: Donald Trump, —, bitcoin, Tesla, Trump, Kyle Rodda Organizations: Trump Media, Service, Trump Media & Technology Group, GEO Group, Trump Presidency, Treasury, Here's Locations: United States

☆ Crypto stocks like Coinbase and MicroStrategy soar, mirroring rally in bitcoin
▼ + stars: | 2024-07-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency without registering with the Securities and Exchange Commission. (Photo Illustration by Justin Sullivan/Getty Images)Coinbase , MicroStrategy and Riot Platforms surged Monday as investors piled into crypto companies following bitcoin's rally to a two-week high. Bitcoin is up about 6% in the past 24 hours, trading at around $63,500 as of early Monday afternoon. Bitcoin accounted for 33% of trading volume on the platform in the first quarter, by far the biggest amount for any cryptocurrency. On Thursday, the company announced a 10-for-1 stock split, in order "to make MicroStrategy's stock more accessible to investors and employees."

Persons: Justin Sullivan, Donald Trump, Trump, Bitcoin, bitcoin Organizations: Securities, Exchange, Securities and Exchange Commission, Republican, Marathon, Miners Locations: CALIFORNIA, San Anselmo , California, Nashville , Tennessee, U.S

☆ BlackRock CEO Larry Fink: I believe bitcoin is a legit financial instrument
▼ + stars: | 2024-07-15 | 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 EmailBlackRock CEO Larry Fink: I believe bitcoin is a legit financial instrumentBlackRock chairman and CEO Larry Fink joins 'Squawk on the Street' to discuss the company's quarterly earnings results, economic outlook, his thoughts on the assassination attempt of former President Trump, investing landscape, capital markets, state of crypto, and more.

Persons: Larry Fink, Trump

☆ Bitcoin could still hit over $100,000: Inside Edge Capital's Todd Gordon
▼ + stars: | 2024-07-15 | 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 EmailBitcoin could still hit over $100,000: Inside Edge Capital's Todd GordonHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Capital's Todd Gordon, Brian Sullivan, “ Organizations: CNBC

☆ 3 money moves to make ahead of the Federal Reserve's first rate cut in years
▼ + stars: | 2024-07-15 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

For now, top-yielding online savings accounts and one-year CDs are paying more than 5% — well above the rate of inflation. "Money market brokerage accounts usually pay higher rates than money market or savings accounts at banks," he said in an emailed statement. "Timing your purchase to coincide with lower rates can save money over the life of the loan," Tayne said. However, lower mortgage rates could also boost home-buying demand, which would push prices higher, McBride said. "If lower mortgage rates lead to a surge in prices, that's going to offset the affordability benefit for would-be buyers."

Persons: cardholders, APRs, Tayne, Olga Rolenko, McBride, Mark Kantrowitz, Kantrowitz, Howard Hook, they've Organizations: Treasury, EKS, EKS Associates Locations: Princeton , New Jersey

☆ A Colorado couple with a net worth of $800,000 shares how the FIRE movement is helping them reach their goal of retiring in their 40s
▼ + stars: | 2024-07-15 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

So when the couple learned about the FIRE movement in their mid-20s, it was music to their ears. They then tried to apply some of that information to their financial strategies. Over the past several years, the couple has grown their combined net worth to more than $800,000, according to documents viewed by BI. To make more money, Arsenault said they've "aggressively pushed for additional income." When their strategies generate extra money, the couple invests as much as possible in their 401(k) plans and low-cost index funds.

Persons: —, Chrissy Arsenault, Ryan, didn't, Arsenault, who've, hasn't, Chrissy Arsenault Arsenault, they've, They've, They're, We've Organizations: Service, FIRE, Business, Facebook, BI Locations: Colorado, Costco, Indiana, Monument , Colorado, Fishers , Indiana

☆ 65-year-old quit his job and emptied his life savings to start a business—now he's worth $11 billion
▼ + stars: | 2024-07-15 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +7 min

Not really," Chaudhry, the billionaire founder and CEO of cloud security company Zscaler, tells CNBC Make It. Together, they plunged their life savings — roughly $500,000 — into SecureIT, a cybersecurity software startup they co-founded in 1997. His timing was perfect: In 1998, Chaudhry sold SecureIT to VeriSign in an all-stock deal worth nearly $70 million. I said, "If [Netscape co-founder] Marc Andreessen could start a company — he was a young guy [right] out of college — why shouldn't I start a company?" It took us a few years to really start getting traction in the market, and VCs can write you off and move on.

Persons: Jay Chaudhry, he'd, Chaudhry, Jyoti, SecureIT, Chaudhry —, —, Marc Andreessen, Let's, we'd, Zscaler, you'll, VCs Organizations: IBM, Unisys, CNBC, Netscape, Atlanta, Software, BellSouth, Fortune, Forbes, IDC, Gartner, VCs Locations: India, SecureIT, Atlanta, Alpharetta , Georgia

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