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☆ Nobel laureate Simon Johnson is skeptical that Trump will be able to follow up on his two biggest campaign promises — here's why
▼ + stars: | 2024-11-20 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

"I'm skeptical he'll actually do it," Johnson said of Trump's tariff policy. With all of these negative implications, Johnson isn't convinced that Trump's tariffs will be as drastic as they were presented on the campaign trail. Mass deportation is a logistical nightmareTrump's mass deportation plans don't make economic sense to Johnson, either. It's still too early to predict how Trump's policies will pan out, but for now, Johnson is seeing drastic barriers to Trump's tariff and immigration plans. Should Trump go through with his tariff and immigration policies, it'll be up to the American people to judge their efficacy and implementation.

Persons: Donald Trump, Nobel, Simon Johnson doesn't, Johnson, Simon Johnson, Trump, We've, They're, he'll, Jan Hatzius, Goldman Sachs, Johnson isn't, it's, Thomas Homan, That's, It's, they're, it'll Organizations: Massachusetts Institute of Technology, Trump, American Immigration Locations: China, Johnson, Vietnam, Mexico, United States

☆ New York City's Fifth Avenue has been dethroned as the world's most expensive shopping street — here's the new Top 10
▼ + stars: | 2024-11-20 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

AdvertisementMilan has dethroned New York City as home to the world's most expensive street in retail. Via Monte Napoleone boasts annual rents of $1,959 per square foot, per a new report. New York City's Fifth Avenue has been dethroned as the most expensive shopping street in the world, according to a new report from a global real estate firm. Milan's Via Monte Napoleone has taken the crown — marking the first time a European city has topped a list compiled by property consultancy Cushman & Wakefield. Here are the 10 most expensive shopping streets worldwide, according to Cushman & Wakefield.

Persons: Shou Zi Chew, Andreas Siebert, Gucci, Saint Laurent, Kering, it's Organizations: New, New York, Cushman & Wakefield, Cushman & Locations: Milan, New York City, Napoleone, New, Singapore, Tokyo, Paris, Zurich, Via Monte Napoleone, Blackstone, Cushman & Wakefield

☆ 89% of Americans say they do not consider themselves wealthy — here's what stands in the way
▼ + stars: | 2024-11-19 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

High home prices and higher mortgage rates along with low inventory have put ownership just out of reach for many households. Jose Luis Pelaez Inc | Digitalvision | Getty ImagesAlthough vacationing has also gotten more expensive, Americans are still determined to travel. Rising debt is another threat to wealthAt the same time, rising consumer debt has weighed on household balance sheets. Nearly half, 44%, of Americans said credit card debt is the biggest threat to their ability to build wealth, according to a separate report by Edelman Financial Engines. "That stands in the way of people building actual wealth and therefore feeling wealthier," she said.

Persons: —, Freddie Mac, Jose Luis Pelaez, Jean Chatzky Organizations: Jose Luis Pelaez Inc, Deloitte, Edelman Financial, Federal Reserve Bank of New, CNBC Locations: Federal Reserve Bank of New York

☆ RFK Jr. is Trump's pick to lead HHS — here's what he could do with that power
▼ + stars: | 2024-11-19 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +13 min

Kennedy will likely have some influence over who the president-elect chooses for those roles, health policy experts said. Ultimately, Kennedy's influence over immunization policy could lead to an increase in diseases preventable by vaccines, several health policy experts told CNBC. Investors are already bracing for a crackdown on food policy, with shares of processed food companies, such as Pepsi and Coca-Cola , falling on Friday. Seigerman said "there is little precedent in recent history for HHS policy dictating or affecting FDA regulation or approval of drugs." In 2023, pharmaceutical companies spent nearly $3 billion on advertising for the 10 most promoted drugs.

Persons: Robert F, Kennedy Jr, Thomas Machowicz, Donald Trump, Kennedy, Trump, trifecta, Spokespeople, Brandon Guerrero, Christina House, Gostin, Josh Michaud, Lawrence Gostin, Michaud, he's, Genevieve Kanter, Kanter, Covid, Richard Frank, Frank, Evan Seigerman, Seigerman, Dave Latshaw, Latshaw, Drugmakers, Joe Biden's, Amy Campbell Organizations: Reuters, Department of Health, Human Services, Republican, HHS, Affordable, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, CNBC, CVS, Los Angeles Times, Getty, Health Defense, NBC News, FDA, NPR, Georgetown University, CDC, Vaccines, Children, Kennedy, NIH, University of Southern, Brookings Schaeffer Initiative, Health, pharma, RFK, BMO Capital, Pepsi, Trump, University of Illinois Chicago School of Law Locations: Phoenix , Arizona, U.S, Compton, Huntington Park, Kennedy ., University of Southern California

☆ The 2025-26 FAFSA is open ahead of schedule — here's why it's important to file for college aid early
▼ + stars: | 2024-11-19 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

This week, the new Free Application for Federal Student Aid expanded its "phased rollout" so all students can now apply for aid for the upcoming academic year. Up until Monday, the 2025-26 FAFSA was only available to limited groups of students in a series of beta tests that began on Oct. 1. Now, the form is open to all and the Department of Education has said it will be out of testing entirely by Nov. 22 — which puts the official launch ahead of schedule. This year, the plan was to be available to all students and contributors on or before Dec. 1. Students who submit a form during this final "expanded beta" phase before Nov. 22 will not need to submit a subsequent 2025–26 FAFSA form, the Education Department said.

Persons: FAFSA, Mark Kantrowitz Organizations: Federal Student Aid, Department of Education, Education Department, Finance

☆ Shares of Nvidia and AMD go different ways — here's Jim Cramer's advice on both AI chip stocks
▼ + stars: | 2024-11-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. When asked for comment on The Information report, an Nvidia spokesperson emailed a statement to the Investing Club: "NVIDIA GB200 systems are the most advanced computers ever created. That doesn't seem like the right reason to race out and buy AMD stock Monday, though. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Donald Trump's, Jim, White, doesn't, he's, Michael Dell, Blackwell, AMD's, he'd, Stocks, Jim Cramer's Organizations: CNBC, Nasdaq, Club, Nvidia, Blackwell, Dell, Investing, NVIDIA, Devices, AMD, IBM, Microsoft, Meta, CVS Health, Netflix, Warner Bros Discovery

☆ Young adults are holding off on moving out of their parents' house — here's what's behind the trend
▼ + stars: | 2024-11-17 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +2 min

Approximately 1 in 3 U.S. adults ages 18 to 34 live in their parents' home, according to U.S. Census Bureau data. The pandemic caused more young adults to return home or remain living with their parents into their late 20s and 30s, but aside from that spike, the numbers have remained fairly consistent in recent years. The 2008 financial crisis, the Great Recession and the pandemic are all examples of economic shocks. More than half of Gen Z adults say they don't make enough money to live the life they want due to the high cost of living, according to a 2024 survey from Bank of America. A significant number of millennials and Gen Z adults lack emergency savings.

Persons: Joanne Hsu, Hsu Organizations: Census, University of Michigan, Federal Reserve, Finance, Bank of America Locations: U.S

☆ Turns out America elected Elon Musk, too
▼ + stars: | 2024-11-16 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

Now that Trump has won, Musk is seemingly attached to him — in public and behind the scenes. At the moment, it also looks like they've elected Elon Musk. And Musk is relentlessly promoting Trump on Twitter, the site he bought in 2022 and renamed X. Related storiesPresident-elect Trump on Elon Musk: "He likes this place. He first floated the idea of having Musk run a government efficiency office in early September, but it wasn't a focus of his rallies and pitches.

Persons: Trump, Musk, we've, Donald Trump, they've, Elon Musk, there's, Vivek Ramaswamy, that's, Vladimir Putin, Volodymyr Zelenskyy, He's, can’t, I'm, It's, We've, David Nasaw, tycoons, William Randolph Hearst, Andrew Carnegie —, Trump's, Kamala Harris, Vance, Tim Walz, — I've, haven't, Tesla, Esther Crawford, Theodore Roosevelt, Hearst, Franklin Roosevelt Organizations: Elon, Trump, Department of Government, Twitter, New York Times, Times, United Nations, Mar, City University of New York Graduate Center, Musk, US, SpaceX, Carnegie Locations: Iran, Trump's Florida, Texas, Mexico, Florida, Madison

☆ Deloitte, EY, KPMG, and PwC make up the Big 4 — here's how they compare
▼ + stars: | 2024-11-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +8 min

The Big Four — EY, Deloitte, KPMG, and PwC — are the world's largest accounting and consulting firms. AdvertisementDeloitte, EY, KPMG, and PwC are the world's largest accounting and consulting firms, known as the Big Four. The Big Four offer companies services such as workforce transformations, reshaping corporate finance portfolios, assurance, valuation, and optimizing the use of technology. AdvertisementThough not as stark a slowdown as Deloitte or EY, growth at PwC still dropped noticeably compared to the 9.9% rise reported for the previous 12 months. In February 2024, it unveiled a tax AI assistant for 2,300 PwC tax professionals in the UK to use.

Persons: PwC, —, Antonia Wade, EY, Ernst & Young, Janet Truncale, Carmine Di Sibio, Jack Taylor, Joe Ucuzoglu, Jim Spellman, Price Waterhouse, Mohamed Kande, Bill Thomas, Liam McBurney Organizations: Deloitte, KPMG, Service, EY, Ernst, Getty, Revenue, Assurance, PwC, Deloitte Deloitte, Deloitte Global, Equity, Nvidia, Google, AWS, Coopers, Street Journal, Big Locations: London, PwC, Asia, Pacific, Amsterdam

☆ I'm a wealth manager and handling my parents' estates took years. I'm leaving iron-clad legal directives for my kids.
▼ + stars: | 2024-11-11 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

Ari Brojde thought his grandmother's estate would be easy, but it took nearly three years to settle. Talking ahead of time and getting iron-clad legal directives can speed up estate settlement, he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Getting it in writing in a way that's legally binding can be impossible. That's why I'm working with professionals, including lawyers and accountants, who are experts in helping people make their intentions clear.

Persons: Ari Brojde, Brojde, —, ealtit, hadn't, we'd, they're, it's, I've, boomers Organizations: Service, Technology

☆ Big retirement rule changes are coming in 2025 — here's how you can save more money
▼ + stars: | 2024-11-11 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

"This can be a great way for people to boost their retirement savings," certified financial planner Jamie Bosse, senior advisor at CGN Advisors in Manhattan, Kansas, previously told CNBC. This can be a great way for people to boost their retirement savings. How much older workers save for retirementThe 401(k) catch-up contribution change is "very good" for older workers who want to save more for retirement, said Dave Stinnett, Vanguard's head of strategic retirement consulting. Some 35% of baby boomers feel "significantly behind" in retirement savings, according to a Bankrate survey that polled roughly 2,450 U.S. adults in August. "But not everyone age 50 or older is maxing out [401(k) plans] already," Stinnett said.

Persons: Jamie Bosse, deferrals, Dave Stinnett, Stinnett Organizations: CGN Advisors, CNBC, America Locations: Manhattan , Kansas

☆ I moved my family to Puerto Rico for a job. They were miserable — and we returned to Pennsylvania after just a year.
▼ + stars: | 2024-11-10 | by ( Juan Cruz Jr | ) www.businessinsider.com time to read: +5 min

I moved my family to Puerto Rico for my job — we were excited about the warm weather and beaches. Once we moved, we struggled to adjust and we felt a lot of loneliness being far from family. AdvertisementIn 2015, the opportunity to move from Pennsylvania to Puerto Rico presented itself by way of a job offer with a med-tech company. AdvertisementReally, living in Puerto Rico was a lonely experience for all of us. AdvertisementAfter about a year of stress and tension, we returned to the StatesWe lasted in Puerto Rico for about a year until my family and our belongings headed back to Pennsylvania.

Persons: —, I'd, hadn't, We'd Organizations: Service Locations: Puerto Rico, Pennsylvania, Cataño, Puerto

☆ Insider Today: Rethinking supplements
▼ + stars: | 2024-11-09 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

On the agenda:But first: Inside the vacation-home tax drama in South Lake Tahoe. Brandon Olafsson/ ShutterstockFor Amanda Yen, a Business Insider fellow, her grandparent's vacation home in South Lake Tahoe is "the stuff of legend." However, a proposed annual tax measure on last Tuesday's ballot that was voted down by local residents made her family question whether they'd keep their house. What's been the initial reaction from second homeowners now that Lake Tahoe locals voted against Measure N? AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Brandon Olafsson, Amanda Yen, she'd, they'd, Amanda, What's, Amelia Richmond, Kamala Harris, they're, Steve Teshara, Rebecca Zisser, Jenny Chang, Rodriguez, Ivan, Fido Carl Godfrey, Natalie Ammari, Smart Ray, Ray, We've, Dan DeFrancesco, Grace Lett, Lisa Ryan Organizations: Business, Service, BI Cruises, BI, Paramount Network, tote Locations: Atlanta, peachy, South Lake Tahoe, South Lake, Lake Tahoe, Vietnam, Cambodia, New England, New York City, New York

Americans disappointed with the outcome of the U.S. election took their anguish online, with searches related to moving abroad surging following the results of the presidential race. Google Trends showed that searches related to "leaving the country" and "how to move to …" spiked following the news that Donald Trump would be returning to the White House. Searches for "how to move to Canada" peaked on Nov. 6, with Google Trends showing interest in the phrase highest among Democratic strongholds, like Vermont, Maine, Oregon and Washington. A survey conducted earlier this month found that 21% of Americans said they would consider moving abroad if their preferred candidate lost the race. Among those polled, nearly 60% said they would be "very unlikely" to move, while only 2.6% said they were "very likely" to uproot and leave.

Persons: Donald Trump Organizations: Google, Democratic, NBC, Trump —, Casino.org Locations: Canada, Vermont , Maine , Oregon, Washington, Wisconsin, Pennsylvania, Oregon, Minnesota, Indiana

☆ I've been on every Norwegian cruise line — here's how the 3 brands with very different prices compare
▼ + stars: | 2024-11-07 | by ( Brittany Chang | ) www.businessinsider.com time to read: +9 min

Norwegian Cruise Line Holdings operates three brands: Norwegian, Regent Seven Seas, and Oceania. Norwegian Cruise Line: Family-friendly affordabilityNorwegian Cruise Line invited me on a complimentary four-night Norwegian Prima voyage in 2022. AdvertisementRegent Seven Seas Cruises: The priciest ultra-luxury optionRegent Seven Seas invited me on a three-night "christening sailing" for its one-year-old Seven Seas Grandeur. Regent Seven Seas invited me on a complimentary three-night Seven Seas Grandeur sailing in 2023. Norwegian Cruise Line Holdings' most luxurious cruise line, Regent Seven Seas, serves dishes like beef tenderloin topped with seared foie gras.

Persons: —, Brittany Chang, Prima —, mary, Bulgari, Pablo Picasso, bocce, toiletries Organizations: Cruise Line Holdings, Regent Seven, Service, Norwegian, Cruise, Cruise Line, Prima, Oceania, Oceania Vista, Beverage, Seven Seas, Business, Regent Seven Seas Locations: Oceania, Norwegian, Whittier , Alaska, Vancouver, British Columbia, Oceania Vista, Italian, New York, Rhode Island, Bermuda, Caribbean, San Juan , Puerto Rico

Trump has vowed to fire the special prosecutor who brought two federal cases against him. His win may largely free Trump from dealing with his criminal cases for the foreseeable future, experts told Business Insider. Here's what will happen with Trump's four criminal cases — two federal and two state — moving forward. Related Video All the ways Donald Trump wins from the Supreme Court immunity rulingDonald Trump confers with his defense lawyer Todd Blanche in his hush-money trial before New York Supreme Court Justice Juan Merchan. AdvertisementIn July, the US Supreme Court issued a landmark opinion that provides presidents with broad protection from being prosecuted for official acts while in office.

Persons: Donald Trump, Trump, —, Donald Trump's, Neama Rahmani, Todd Blanche, Juan Merchan, Jane Rosenberg, Stormy Daniels, he's, Michael Dorf, Rahmani, Jack Smith, Jonathan Ernst, Smith, Dorf, Michel Paradis, Paradis, Steven Cheung, Kamala Harris, Crooked Joe, Witch Hunts, Dana Verkouteren, Citizen Trump, Aileen Cannon, Fani Willis, John Bazemore, Willis, Nathan Wade, Wade, it's Organizations: Service, Trump, New, Cornell Law School, West, Trial, Reuters, Department, Columbia Law School, Justice Department, Witch, DOJ, Citizen, Supreme, White, Appeals, AP Locations: Georgia, New York, Manhattan, New, York, Washington , DC, Fulton County, Atlanta

☆ You could face the 'survivor's penalty' after a spouse dies — here's how to avoid it
▼ + stars: | 2024-11-06 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Andrew Bret Wallis | The Image Bank | Getty ImagesAfter a spouse dies, some retirees face a costly surprise — higher taxes. The shift from married filing jointly to single on future tax returns can trigger a "survivor's penalty," depending on whether your income changes. After that, older survivors typically use the "single" filing status, which may have higher tax rates, with narrower tax brackets and a smaller standard deduction. The IRS recently unveiled higher tax brackets and standard deductions for 2025. The survivor's penalty affects American women more often than men, because women are more likely to outlive male spouses.

Persons: Andrew Bret Wallis, Judy Brown, Brown Organizations: Bank, Getty, SC, H Wealth Advisors, D.C, IRS, Centers for Disease Control Locations: Washington, Baltimore

☆ I've been on 4 ultra-luxury cruises — here's how they compare and how to pick the best ship for you
▼ + stars: | 2024-11-05 | by ( Brittany Chang | ) www.businessinsider.com time to read: +9 min

I've been on the ships of their four high-end counterparts: Silversea, Regent Seven Seas, Seabourn, and Explora. AdvertisementSilversea's Silver Ray: A modern resort with local cuisinesIn June, Silversea invited me to spend five complimentary nights on its newest 54,700-ton ship, Silver Ray. It launched its newest ship, Silver Ray, in June. Brittany Chang/Business InsiderSilversea's SALT — "sea land and taste" — program brings the itinerary's regional cuisines into the cruising experience. Related storiesRegent Seven Seas' Seven Seas Grandeur: Classic luxuryRegent Seven Seas invited me on a three-night "christening sailing" for its one-year-old Seven Seas Grandeur.

Persons: I've, —, Ray, Silversea, Silver Ray, Brittany Chang, It's, toiletries, Explora, it's, Dyson, Seabourn Organizations: Royal, MSC, Regent Seven, Service, Industry, Business, butlers, Seven Seas, Regent Seven Seas, Cruise Line Holdings, Rim, Central America, MSC Group, Rolex Locations: Seabourn, Royal Caribbean, South America, Caribbean, Callao, Peru, Valparaiso, Chile, Brittany, Europe, Miami, Mexico, Central, Alaska, Asia, Australia, New Zealand, Canadian

☆ The next U.S. president could face a tax battle in 2025 — here's what it means for investors
▼ + stars: | 2024-11-05 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

This combination of pictures created on October 25, 2024 shows US Vice-President and Democratic Presidential candidate Kamala Harris in Houston, Texas on October 25, 2024 and former US President Republican presidential candidate Donald Trump in East Del Valle, Austin, Texas on October 25, 2024. As millions of Americans cast ballots on election day, advisors are bracing for major tax changes that could be on the horizon. Enacted by former President Donald Trump, the Tax Cuts and Jobs Act of 2017, or TCJA, brought sweeping changes for individuals, including lower tax brackets, higher standard deductions, a more generous child tax credit and a bigger estate and gift tax exemption, among others. Many of the individual TCJA provisions will sunset after 2025 without action from Congress, which will be a key issue for the next president, policy experts say. However, planning can be complicated with several tax provisions scheduled to sunset, experts say.

Persons: Kamala Harris, Donald Trump, Jim Guarino, Baker Newman Noyes Organizations: Democratic, Republican Locations: Houston , Texas, East Del Valle, Austin , Texas, Woburn , Massachusetts

☆ Trump still has 4 criminal indictments waiting for him — here's what happens if he wins or loses
▼ + stars: | 2024-11-05 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +9 min

AdvertisementNot only is the presidency on the line for Donald Trump in the 2024 election, but so are his four criminal indictments. Here's what will happen with Trump's four criminal cases — two federal and two state — if he wins or loses this year's presidency. AdvertisementDonald Trump confers with hush-money defense lawyer Todd Blanche before New York Supreme Court Justice Juan Merchan. If reelected president, Trump could ask his attorney general to fire Smith. In July, the US Supreme Court issued a landmark opinion that provides presidents with broad protection from being prosecuted for their official acts.

Persons: Donald Trump, Trump, —, Kamala Harris, Neama Rahmani, Todd Blanche, Juan Merchan, Jane Rosenberg, Stormy Daniels, he's, Michael Dorf, it's, Rahmani, Jack Smith, Jonathan Ernst, Smith, Dorf, Michel Paradis, Paradis, Steven Cheung, Crooked Joe, Witch Hunts, Dana Verkouteren, Citizen Trump, Aileen Cannon, Smith's, Fani Willis, John Bazemore, Willis, Nathan Wade, Wade Organizations: Trump, Service, Democratic, Business, New, Cornell Law, West, Trial, Reuters, Department, Columbia Law School, Justice Department, Witch, DOJ, Citizen, Supreme, White, Appeals, AP Locations: New, New York, Manhattan, York, Washington , DC, Fulton County, Georgia, Atlanta

☆ Flash floods are a worsening scourge worldwide — here's why
▼ + stars: | 2024-10-30 | by ( Mikhaila Friel | Hannah Abraham | ) www.businessinsider.com time to read: +7 min

Flash floods are becoming more common and more intense due to global warming. The impact of flash flooding can be particularly severe because, often, there is very little warning. Why are there more flash floods? The Environmental Defense Fund (EDF), a US-based nonprofit, said flash flooding has intensified because of increased rainfall and heat waves. Mateo Villalba Sanchez/Getty ImagesNon-environmental factors, such as new infrastructure and better weather warnings, can help prevent the impact of flash flooding.

Persons: Ernesto Rodríguez Camino, —, Mateo Villalba Sanchez, Jess Neumann, John Marsham, Liz Stephens, shouldn't, Stephens Organizations: Service, European Environment Agency, Victoria University of Wellington, Spanish Meteorological Association, Environmental Defense Fund, EDF, World Health Organization, WHO, University of Reading, University of Leeds, US Army Corps of Engineers Locations: Spain, Florida, Europe, New Zealand, US

☆ We reiterate our 1 rating on Microsoft despite its softer guidance — here's why
▼ + stars: | 2024-10-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Nearly 70% of the Fortune 500 is using Microsoft 365 Copilot and the company is seeing faster customer adoption than any other new Microsoft 365 Suite. MSFT YTD mountain Microsoft YTD Despite these positive trends and innovations, revenue guidance for next quarter fell a touch short of expectations. Microsoft 365 Commercial cloud revenue growth increased 16% year over year with seat growth up 8%. Microsoft 365 Consumer cloud revenue growth increased 7% year over year with subscribers increasing to 84.4 million from 82.4 million one quarter ago. Revenue growth ticked down sequentially to 33% annual growth, or 34% on a constant currency basis.

Persons: Nvidia's Blackwell, That's, —, Jim Cramer's, Jim Cramer, Jim, Microsoft Corporation Satya Nadella, Chalinee Thirasupa Organizations: Microsoft, Revenue, Fortune, Productivity, Dynamics, CNBC, Activision, Windows, Gaming, Microsoft Corporation Locations: OpenAI, Bangkok, Thailand

☆ I landed a job with a 'magic circle' law firm but still went all out to get an internship at a US bank. It was the best use of my last summer in college — here's why.
▼ + stars: | 2024-10-29 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

Adrian Teh secured a job offer with a top UK law firm in August 2023, two years before graduating. But that wasn't the case for me — I was also in the running for a summer internship with a US bulge bracket bank. I secured that investment banking internship as well. Adrian TehSpending my summer interning gave me a better sense of what I wanted to do. AdvertisementIn comparison, I thought working in a law firm offered relatively fewer exit opportunities.

Persons: Adrian Teh, Teh, —, interning, I'm Organizations: Service, Singapore Management University, Bankers Locations: Singapore

☆ Cramer says Netflix can rise 30% from Friday's new highs to $1,000 — here's why
▼ + stars: | 2024-10-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer believes Netflix 's innovative use of artificial intelligence (AI) in its ad-supported tier is a game changer, positioning the company far ahead of its competitors. "Netflix is so far ahead of everybody else," Jim noted, adding that the Street's enthusiasm for Netflix stock on the back of Thursday's beat-and-raise quarter is largely driven by its success in AI-based advertising. Netflix's AI advantage, Cramer highlighted, is why investors are willing to pay up for the stock. He set a $1,000 price target on the stock, which implies a 30% upside from Friday's intraday high of roughly $763. Looking ahead, co-CEO Gregory Peters stated that advertising would become one of Netflix' key growth drivers during the company's post-earnings webcast Thursday.

Persons: CNBC's Jim Cramer, Jim Cramer, Jim, Cramer, Gregory Peters Organizations: Netflix Locations: Thursday's, United States

At least, that's what I thought before I tried Angelus Sole Bright, a $13 solution that can get rid of oxidation and restore your sneakers to their original glory. Angelus Sole Bright Angelus Sole Bright is a UV-activated solution that removes oxidation and yellowing from sneakers. A side by side comparison of oxidized midsoles on a pair of "Roc-A-Fella" Nike Air Force 1s treated with Angelus Sole Bright. Amir Ismael/Business InsiderAdvertisementThe bottom lineSneaker collectors have been restoring shoes using a similar process for years, but I never thought it was worth doing. Now, you can spend $13 on Angelus Sole Bright, $24 on a UV light, and have it delivered within two days.

Persons: Angelus Sole, You'll, Saran, yellowed midsoles Amir Ismael, Angelus Sole Bright, Jason Markk, Amir Ismael, yellowed Organizations: Business, Nike Air Force Locations: Saran

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