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☆ Britain is building the most expensive railway in the world. Many people now think it’s pointless
▼ + stars: | 2024-11-18 | by ( Ben Jones | ) edition.cnn.com time to read: +17 min

Population density and topography obviously have a significant effect on construction costs. “There was also a lack of discussion over the chosen route, which could have followed existing highway corridors.”Rapidly rising construction costs have plagued major projects across the world in recent years. Signs placed on a fence by environmental activists protest against tree-felling operations for the HS2 rail link at Jones Hill Wood in Wendover, England, in April 2021. However, their efforts were in vain and only succeeded in significantly driving up construction costs. ‘Mutilated and pointless’Plans have been dropped for a proposed HS2 railway station at Meadowhall in Sheffield.

Persons: hoardings, Henry Nicholls, it’s, Christian Wolmar, ”, Ricardo Ferreras, “, ” Ferreras, Wolmar, Chris Gorman, Wood, Mark Kerrison, Joe Giddens, Mike Kemp, Rishi Sunak, Anna Gowthorpe Organizations: CNN, Speed, Britain, WHOOSH, Station, London Times, ” Railway, CNN Travel, —, Chiltern, New Economics Foundation, London Euston, Birmingham Airport, Crewe, Conservative, Labour, Birmingham, Sunak, Leeds, High Speed Rail, Hitachi, Alstom, Siemens, Euston, Treasury, Audit Office Locations: United States, Bordeaux, France, China, Japan, London, English, Birmingham, Jakarta, Bandung, London's, AFP, Britain, Ukraine, Europe, Spain, Great, England, Jones, Wendover, Buckinghamshire, Colne, Cross , Hertfordshire, Manchester, Leeds, Scotland, Wales, Euston, Crewe, Meadowhall, Sheffield, Midlands, Nottingham, Liverpool

☆ Want to get in on crypto's postelection run? Be selective, experts advise
▼ + stars: | 2024-11-14 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

Investors looking to get in on crypto's monster run may want to be tactical in their approaches. Prices dipped below the $88,000 level just before Thursday's stock market close, as the postelection rally showed signs of fading. State Street Global Advisors' Matt Bartolini advises investors to consider how the political environment may influence prices moving forward. "You need to understand how the cryptocurrency market is progressing, particularly around new administration policies," the firm's head of SPDR Americas research told CNBC's "ETF Edge" on Monday. Bartolini expects pro-crypto policies under the Trump administration to give an additional boost to the asset class.

Persons: Matt Bartolini, Bartolini, Trump Organizations: Metrics, Street Global Advisors, SPDR Locations: SPDR Americas

“I really do believe Erie is the top bellwether county in Pennsylvania. Certainly top five in the nation,” Fetterman said, citing its mix of urban and rural areas. Tim Walz, the vice presidential nominee, will campaign this week in Wisconsin and western Pennsylvania, the Harris official said. The Trump campaign is seeking to capitalize on a new wave of polls that indicate Harris’ edge is shrinking. Democratic pollster Anna Greenberg said Harris should work to limit the margins of defeat in rural areas.

Persons: Kamala Harris, Donald Trump, Barack Obama, Trump, Joe Biden, ”, Sen, John Fetterman, “, ” Fetterman, Harris, Obama, Josh Shapiro, Fetterman, “ Trump, Taylor, Biden, Governor Walz, Harris can’t, Tuesday’s, Tim Walz, Tony Fabrizio, Chris LaCivita, Susie Wiles, Democratic pollster Anna Greenberg, Hillary Clinton, Walz, Nikki Haley, Paulette Aniskoff, Liz Cheney, ” Aniskoff Organizations: Pennsylvania, Democratic, Republican, Erie County, Senate, Census, Gov, Trump, Sun, Harris, Black, Minnesota Gov, Congressional, GOP Locations: ERIE, Pa, Erie County, Pennsylvania, “ Pennsylvania, Erie, Lake Erie, Ohio, New York, Pittsburgh, Michigan, Wisconsin, Arizona, Nevada, Detroit, Grand Rapids, Lansing, Oakland County, Milwaukee, La Crosse, Green Bay, Minnesota, Nebraska’s, Omaha, America, California

Trump and the Republican Party have made “an unprecedented lean in and targeting of African American men,” Belcher said. Yes, it’s absolutely smart on their side.”But, he said, recent polling shows a shift among Black voters in the last month and a half toward Harris' campaign. “We want to make sure that Black men are showing up to vote in numbers that we haven’t seen since Obama. So victory and success for us will be record numbers of Black men showing up to vote in November.”He said there has been an Obama-like energy with Harris. Has anyone ever heard of Barack Hussein Obama?” Trump said as the Scranton crowd lit up with boos.

Persons: Barack Obama, Kamala Harris, Obama, Harris, Donald Trump, “, ”, Jesse Lee, —, ” Lee, Republicans — Obama, Mitt Romney, ’, Paulette Aniskoff, ” Aniskoff, ” Eric Schultz, ” Schultz, ” Harris ’, Harris ’, Obama pollster Cornell Belcher, Joe Biden, “ She’s, Belcher, Trump, ” Belcher, Quentin James, ” James, MAGA, ” Trump, decry, Barack Hussein Obama, Democratic pollster Anna Greenberg, ” Greenberg, Hillary Clinton Organizations: Indian, Black, Biden White, Republicans, NBC News, Obama White House, Trump, Democrats, Republican Party, Collective PAC, GOP, Democratic Locations: SCRANTON, Pa, Pittsburgh, Pennsylvania, Philadelphia, Scranton, America

While Harris has gained ground on stewardship of the economy, Trump still leads in most surveys about the issue, which frequently ranks as the top concern for voters. The Harris campaign and Democratic allies believe she must erode that advantage and at least fight it to a draw. Tim Walz, argued in the recent debate that Trump’s economy was weak even before the Covid-19 pandemic hit. The economic issue is still Trump’s core advantage and one of the only reasons this race is as close as it is.”Still, Harris is performing better than Biden did on the economy against Trump. “People almost always say ‘I hate him but,’ or ‘I like him and’ — ‘but he did a good job on the economy,’ ‘the economy is better under him,’” she said.

Persons: Kamala Harris, Donald Trump’s, Harris, Trump, Tim Walz, Hillary Clinton, Joe Biden, Chris Kofinis, ”, Biden, ABC’s, “, ” Harris, ” Trump, Karoline Leavitt, ” Leavitt, Alyssa Cass, Anna Greenberg, ’, ’ ”, they’re Organizations: Democratic, Minnesota Gov, Trump, NBC, Biden, New York Times, Siena College, Social Security, Medicare, Affordable Locations: Pennsylvania, Wisconsin, Nevada

☆ Jus sanguinis - or ‘blood right’ - might entitle you to EU citizenship
▼ + stars: | 2024-09-24 | by ( Terry Ward | ) edition.cnn.com time to read: +13 min

Some countries are fairly straightforward about their requirements for citizenship through jus sanguinis. Hungary offers citizenship based on jus sanguinis with some caveats, too. “When both of my parents got their Hungarian citizenship around four years ago, it made it easier for me to get it,” said Koszorus, 41, who received his Hungarian citizenship this summer, less than a year after he started the paperwork and application process. And a private Facebook group called Dual US-Italian Citizenship has more than 70,000 members and is among many other resources available to people who think they might have a blood right path to Italian citizenship. Florida-based travel writer Terry Ward lives in Tampa and has the blood right to Italian citizenship through her paternal great-great-grandfather.

Persons: Lisa Wixon, jus solis, she’d, ”, Wixon, ’ ”, Sophie Jo Wasson, Fragomen, Czechia, Wasson, Frans Sellies, “, ” Wasson, Franco, Ferenc G, Koszorus, Koszorus That’s, Marco Permunian, Vittorio Emanuele II, Marco Bottigelli, Permunian, Janna Graber, ” Graber, Graber, Richard Orbidans, Orbidans, Drew Angerer, won’t, Terry Ward Organizations: CNN, New, European Union, “, Croatian, Getty, Irish, Department of Foreign Affairs, Nazi, First Armored Division, Citizenship Assistance, Vittorio, ICA, Facebook, Go, Latvian, Baltic, Visitors, Ellis, National Museum of Immigration Locations: New York City, United States, Rijeka, Croatia, Europe, Ireland, France, London, Italy, Spain, Austria, Poland, Romania, Hungary, Yugoslavia, Moher, Northern Ireland, Germany, Austrian, Spanish, American, Washington, DC, Hungarian, Nazi, West Germany, Milan, Italian, Baltic, Colorado, Riga, Latvia, Lithuanian, Lithuania, Ellis, European, Florida, Tampa

☆ How to position your investment portfolio for lower rates, according to experts
▼ + stars: | 2024-09-22 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

It could be time to rethink popular portfolio strategies for a lower interest rate environment. The Federal Reserve's half-percent rate cut on Wednesday marked the first time in more than four years it moved to lower the benchmark interest rate. According to VanEck CEO Jan van Eck, investors should start thinking about how the changing macro environment will affect their investments in the year ahead. "We're going to be in an easing cycle, so small-cap companies are going to be benefited by lower interest rates," the firm's chief ETF strategist said. With rates finally beginning to fall, van Eck points to the federal deficit as the next potential challenge for markets.

Persons: Jan van Eck, CNBC's, Russell, Jon Maier, it's, Crane, Maier, van Eck Organizations: Federal, Morgan, Investors

☆ Thematic tech ETF investing may have selective use case, experts say
▼ + stars: | 2024-09-14 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

Even with recent rotation away from megacap tech stocks, there may still be a case for investing in thematic tech exchange-traded funds. Roundhill Investments runs the Roundhill Generative AI & Technology ETF (CHAT), which is up 13.8% year to date as of Friday's market close. But despite recent volatility in the group, the firm's CEO Dave Mazza thinks the investment thesis is still intact. Pointing to some of CHAT's under-the-radar artificial intelligence plays, Mazza waived off concerns that thematic ETFs may be too narrow in scope. "There are companies like Dell in the portfolio and others, ServiceNow and Salesforce , who are using AI and integrating AI," he said.

Persons: Dave Mazza, CNBC's, Mazza Organizations: Roundhill Investments, Technology, Nvidia, Microsoft, Dell Locations: CHAT's

☆ Boy who accidentally broke 3,500-year-old jar welcomed back to museum
▼ + stars: | 2024-09-02 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

Then a crash sounded, a rare 3,500-year-old jar was broken on the ground, and her son stood over it, aghast. The jar, which is at least 3,500 years old, was left in pieces at the Hecht Museum last month. Hecht Museum staff“I’m embarrassed,” said Anna Geller, who said she tried desperately to calm her son down after the vase shattered. Ariel Geller, 4, center, and his parents Anna, right, and Alex, center left, during their visit to the Hecht Museum. “That’s what’s actually interesting for my older kids, this process of how they’re restoring it, and all the technology they’re using there,” Alex Geller said.

Persons: perused, Anna Geller, ”, Geller, Ariel Geller, Ariel, Alex Geller, Ariel —, —, “, “ I’m, Hecht, Inbal Rivlin, Anna, Alex, Alleruzzo, ” Alex Geller, “ That’s, Roee, Shafir Organizations: Israel AP —, Hecht Museum, Haifa University, Hecht, Hezbollah Locations: Haifa, Israel, Nahariya, Israel’s, Lebanon, Gaza

☆ What's stalling China's stock market recovery, according to KraneShares' CIO
▼ + stars: | 2024-08-31 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

China's slow post-Covid recovery could be a lasting headwind for its stock market. With the mainland's two largest indexes — the Shanghai Composite and the Shenzhen Composite — each negative so far in 2024, KraneShares Chief Investment Officer Brendan Ahern thinks government stimulus is necessary to kick-start the country's stock market performance. Ahern, whose firm runs the KraneShares CSI China Internet ETF (KWEB) , added that Chinese households are still reluctant to spend at pre-pandemic levels. This week's post-earnings plunge in PDD Holdings is emblematic of China's consumer pullback, according to Ahern. Ahern returned to the idea that a top-down economic recovery might be necessary to stimulate China's tech sector in particular.

Persons: China's, Brendan Ahern, CNBC's, we've, Ahern Organizations: Shenzhen, CSI China Internet, country's National Bureau, Statistics, Holdings Locations: Shanghai, China, country's

☆ How bond experts recommend positioning for lower interest rates
▼ + stars: | 2024-08-12 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

Investors may want to start preparing now to earn lower yields on their cash. With the Federal Reserve signaling it could cut interest rates in September, Pimco's Jerome Schneider sees a major disadvantage in holding on to cash as money market yields come down. "You're finding yourself moving from a 5% risk-free rate to a 3.5% risk-free rate pretty quickly on that cash," the firm's head of short-term portfolio management told CNBC's "ETF Edge" last week. The 100 largest money market funds are still offering a competitive return on cash at 5.12%, as of Sunday, per Crane Data. "Move to those ultra-short ETF strategies, low-duration ETF strategies, even the bond and core ETF strategies that have actively managed components," he said.

Persons: Pimco's Jerome Schneider, Schneider, it's Organizations: Federal, Treasury

☆ 3 Americans returned in Russia prisoner swap may face challenges
▼ + stars: | 2024-08-03 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +9 min

Brittney Griner, left, and Trevor Reed, were released from detention in Russia in 2022 and returned to the United States in separate prisoner exchanges. Getty ImagesAfter the dust settlesWhelan, Gershkovich and Kurmasheva headed to Brooke Army Medical Center for medical evaluations and additional care for as long as necessary, a US official told CNN. The non-profit supports detainees and hostages while they’re still held in captivity and after their release back to the US, Cathcart told CNN. Matthew Heath was released from being detained in Venezuela in a prisoner swap in October of 2022. Matthew HeathReturnees might return to a different family dynamic than what they were used to, according to Cathcart.

Persons: Evan Gershkovich, Paul Whelan, Alsu Kurmasheva, Joe Biden, Kamala Harris, Whelan, Gershkovich, Kurmasheva, Brittney Griner, Viktor Bout, Roger Carstens, “, ”, Matthew Heath, he’s, ” Heath, Trevor Reed, Griner, Liz Cathcart, they’re, Cathcart, ” Cathcart, ” Readjusting, Jorge Toledo, CNN reintegrating, ” Toledo, CNN’s Pamela Brown, who’s, they’ve, It’s, ” Arianna Galligher, ” Griner, you’re, Heath, CNN’s Simone McCarthy, Anna Chernova, Nathan Hodge, Jennifer Hansler, Rosa Flores, Colin McCullough, Nouran Salahieh Organizations: CNN, Base Andrews, Wall Street, US State Department, Radio Free, Radio Liberty, Russian, Associated Press, Brooke Army Medical Center, Hostage, Citgo Corporation, The Ohio State University Wexner, Resilience, New York Times Magazine, Phoenix Mercury, ” Locations: Maryland, Russia, Russian American, Moscow, Prague, Radio Free Europe, San Antonio , Texas, Knoxville , Tennessee, Venezuela, United States, Heath, “, Cathcart

☆ How Harris may win back a critical group of voters who abandoned Biden
▼ + stars: | 2024-07-30 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +17 min

With Harris at the top of the ticket, Democrats now see a chance to refocus voters on the issue and restore their margins among the abortion rights voters who had notably drifted away from Biden. In both the 2020 and 2022 campaigns, voters who backed legal abortion provided overwhelming support to Biden and other Democratic candidates. Across all of those battleground states, Biden this year was performing well below that level with voters who support legal abortion, polls have found. Those abortion rights voters also split about evenly on whether Biden or Trump was better for the economy. “Many of them aren’t single issue abortion voters; they are worried about the economy and inflation, they are worried about immigration,” McLaughlin said.

Persons: Kamala Harris, Joe Biden, wasn’t, Donald Trump’s, Harris, Biden, ”, Democratic pollster Anna Greenberg, “ It’s, Dobbs, Charles Franklin, Tony Evers, Katie Hobbs, Josh Shapiro, Gretchen Whitmer, Whitmer, Shapiro, Franklin, Trump, Roe, Wade, “, Lake, Melissa Williams, ” Harris, Tresa Undem, ‘ what’s, –, Greenberg, ” Greenberg, —, John Della Volpe, Della Volpe, energize, Jason Cabel Roe, ” Trump, He’s, “ Donald Trump, Jim McLaughlin, McLaughlin, ” McLaughlin, Williams, JD Vance, ” Williams Organizations: CNN, Democratic, Edison Research, Democratic House, Democrats, Marquette Law School, SSRS, Quinnipiac University, Yahoo, Quinnipiac, Trump, Times, YouGov, Biden, Catholic, ” Voters, GOP, Harvard Kennedy School Institute of Politics, Republican Party, “, Republicans, White House Locations: The Marquette, Pennsylvania , Wisconsin, Arizona, Georgia, Wisconsin, Pennsylvania, Michigan, London, Harris, Iowa, America, Trump

☆ Trump Shooting Live Updates: Investigators Focus on Security Lapses and Gunman’s Motive
▼ + stars: | 2024-07-16 | by ( The New York Times | ) www.nytimes.com time to read: +8 min

“He didn’t want attention, good or negative,” said Julianna Grooms, 19, who first remembered seeing Mr. Crooks when they were freshmen. The Bethel Park School District confirmed that Mr. Crooks graduated from high school in 2022, but declined to release any other details about his school record. “He was a very good student,” said Mr. Knapp, who retired two years ago as a guidance counselor. “He liked the idea of being by himself because that was his human nature,” Mr. Knapp said. Mr. Crooks had been a member of the Clairton Sportsmen’s Club, a gun club that features a 200-yard-rifle range.

Persons: Thomas Crooks, Jim Knapp, Crooks, ”, ” Mr, Knapp, Julianna Grooms, Donald J, Trump, Jennifer Meredith, Matthew Crooks, Ms, Grooms, SpongeBob, “, Mr, Anna Dusch, ” Jill Bortz, That’s, Michael Rothfeld, Aric Toler, Susan C, Beachy, Julie Tate Organizations: Bethel Park High School, Trump, Secret, Bethel Park School District, Community College of, Republican, Democrat, eBay, Osage, Osage County Guns Locations: Bethel, Pittsburgh, Butler, Pa, Bethel Park, Bethel Park’s, Community College of Allegheny County, Osage County, Wright City, Mo

☆ NATO on average hit 2% defense spending target for the first time, analyst says
▼ + stars: | 2024-07-11 | 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 EmailNATO on average hit 2% defense spending target for the first time, analyst saysAnna Gilmour, head of global risk insight at Verisk Maplecroft, discusses Ukraine's path to NATO membership and what a second presidency for former President and Republican candidate Donald Trump would mean for NATO.

Persons: Anna Gilmour, Maplecroft, Donald Trump Organizations: NATO, Republican

☆ A Ukrainian minister says she's frustrated by the West's inability to adapt its weapons to Russian tactics: report
▼ + stars: | 2024-07-10 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Western-supplied weapons are having a diminished impact in Ukraine as Russia adapts its tactics. A Ukrainian minister expressed frustration at the pace of adaptation, The Wall Street Journal reported. AdvertisementA Ukrainian minister has expressed concerns over the lack of adaptation in weapons being sent to Ukraine from the West. Some weapons systems that were immensely effective when they were first deployed in Ukraine have since seen limited results or have even fallen by the wayside as Russian forces adapt their tactics to counter them. Anna Gvozdiar, Ukraine's minister of strategic industries, told The Wall Street Journal that she was frustrated that these systems were not being adapted to catch up.

Persons: —, Anna Gvozdiar Organizations: Street Journal, Service, Wall Street Journal, Business Locations: Ukraine, Russia

☆ What to know ahead of Friday’s Russell index rebalancing
▼ + stars: | 2024-06-28 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

Health care and technology are playing key roles in this year's Russell rebalancing. With the index provider's annual reconstitution slated to take place at Friday's market close, FTSE Russell CEO Fiona Bassett noted that the indexes are adapting to trends in the broader market. Super Micro Computer and MicroStrategy are set to make their Russell 1000 debut starting Monday, according to this year's rebalancing prospectus. Meanwhile, in small caps, Bassett called the Russell 2000 "much more of a health-care story." So far in 2024, the Russell 1000 has gained 13.9%, while the Russell 2000 is higher by half a percent.

Persons: Russell rebalancing, FTSE Russell, Fiona Bassett, It's, Russell, Bassett, CNBC's Organizations: FTSE, Micro Locations: U.S

☆ Analysis, fits for all 58 NBA Draft picks from John Hollinger and Sam Vecenie
▼ + stars: | 2024-06-26 | by ( John Hollinger | Sam Vecenie | ) www.nytimes.com time to read: +109 min

He’s going to be a killer rebounder, monster screener and will consistently establish his position even against some of the stronger NBA players. I’m done doubting Edey, even as an NBA player. As an enormous ballhandler with serious touch and incredible vision as a passer, Topić is clearly an NBA player, even if it doesn’t all translate. Shannon is an elite athlete, but the NBA game requires more nuance, especially if he continues to be an inconsistent shooter. However, I also think he’s more than just a floor spacer on offense in spot-up situations and potentially as an off-ball scorer.

Persons: Read Sam Vecenie’s, Sam Vecenie, John Hollinger, Zaccharie Risacher, Zaccharie, Risacher, he’s, he’d, —, Saddiq Bey, De’Andre Hunter, Jalen Johnson, Dejounte Murray, Alexandre Sarr, Chet Holmgren, Victor Wembanyama, Myles Turner, Wembanyama, Holmgren, Nic Claxton, Kyle Kuzma, Flagg, Reed Sheppard, Sheppard, Sheppard isn’t, he’ll, Lonzo, Tyrese Haliburton, savants, Houston couldn’t, He’s, Donovan Clingan, Ron Holland, Holland, haven’t, don’t, Aaron Gordon, Cade Cunningham, Trajan Langdon, Tidjane, it’s, Mark Williams, Miles Bridges, Jarrett Allen, Deandre Ayton, Clingan, Ayton, Robert Dillingham, Dillingham, Tyrese Maxey —, Maxey, Trae Young, Ja Morant, Morant, Young, Dennis Schröder, Mike Conley, Zach Edey, Edey, I’m, Joel Embiid, Zach Kleiman, It’s, Devin Carter, Matas, Cody Williams, Williams, isn’t, We’re, Buzelis, Patrick Williams, Nikola Topić, Nikola Djurišić, Topić, “ Vasa, Shai Gilgeous, Alexander, Carter, Carlton “ Bub ” Carrington, Bub Carrington, Carrington, White, Will, Kel’el Ware, Ware, doesn’t, Wood, There’s, Thomas Bryant, Orlando Robinson, Bam Adebayo, Philadelphia 76ers Jared McCain, Duke Vecenie’s, Jared McCain, McCain isn’t, Seth Curry, McCain, Dalton Knecht, He’ll, Knecht, Will Hardy, Erik Spoelstra, Tristan da Silva, Tristan da Silva’s, da Silva, Jett Howard, Da Silva, Johnny Furphy, Ja’Kobe Walter, Walter, Gary Trent Jr, Bruce Brown, Isaiah Collier, Scottie Barnes, RJ Barrett, Jaylon Tyson, Tyson, Yves Missi, Yves Missi’s, Clint Capela, Zion Williamson, Missi, Jonas Valančiūnas, Larry Nance Jr, DaRon Holmes, Holmes, Jaylin Williams, Zeke Nnaji, A.J, Johnson, Jackson, Giannis, Kyshawn George, Kyle Anderson, George, Washington, George ., Dadiet, evaluators, Tobias Harris, Harris, Dillon Jones, Jones, Cason Wallace, Lu Dort, Alex Caruso, Nikola, rebounder, Minnesota Timberwolves Terrence Shannon Jr, Terrence Shannon, Shannon, Bart Torvik’s, Buddy Hield, Jimmer Fredette, Chris Duarte, Ochai Agbaji, Matisse, Marshon Brooks, Quincy Pondexter, Lazar Hayward, Davon Reed, Carrick Felix, Orlando Johnson, Hield, Phoenix Suns Ryan Dunn, Ryan Dunn, I’ve, Herb Jones —, Dunn, Derrick Jones Jr, Herb Jones ’, Hollinger, Joanna Gaines, Utah Jazz Isaiah Collier, Collier, Kris Dunn, Baylor, Creighton Vecenie’s, Baylor Scheierman, closeouts, didn’t, Toronto Raptors Jonathan Mogbo, Francisco Vecenie’s, Jonathan Mogbo, Utah Jazz Kyle Filipowski, Kyle Filipowski, Kristaps, Nikola Jokić, Brook Lopez, Duke, Milwaukee Bucks Tyler Smith, Tyler Smith, Smith, let’s, AJ Johnson, Christian Wood, Bobby Portis, Tyler Kolek, Jalen Brunson, Antonio didn’t, Juan Núñez, Juan Núñez’s, Monte Morris, — Morris, McConnell, Sergio Rodriguez, Rodriguez, Núñez, Klintman, Ajay Mitchell, UC Santa Barbara Vecenie’s, Mitchell, Wells, wasn’t, Oso, Ighodaro, Nikola Vučević, Philadelphia 76ers Adem Bona, Adem Bona, Bona, Paul Reed’s, Charlotte Hornets K.J, Simpson, Simpson isn’t, AJ Griffin, Djurišić, Pelle Larsson, Pelle Larsson’s, Larsson, Duncan Robinson, Jamal Shead, Eric Bledsoe, Patrick Beverley, Shead, I’d, Kyle Lowry, Cam Christie, Christie, Nickeil Alexander, Walker, Max, Antonio Reeves, Reeves, He’d, Nate Duncan, hadn’t, That’s, Jordan Hawkins, San Antonio Spurs Harrison Ingram, Harrison Ingram, Ingram, Newton, Tristen Newton, . Indiana Pacers Enrique Freeman, Enrique Freeman, Paul, Millsap, Freeman, Melvin Ajinça, Quentin Vecenie’s, Ajinça, Trent, Cam Spencer, Spencer doesn’t, Spencer, Luke Kennard’s, Boston Celtics Anton Watson, Gonzaga Vecenie’s, Anton Watson, He’s switchable, Watson, James, Bronny James, that’s, Still, LeBron James, Kevin McCullar Jr, Kevin McCullar, Ulrich Chomche, Ariel Hukporti, Tristan Vukčević, Khalifa Diop, Karlo Matković, Marko Simonovic, Luke Hales Organizations: Hawks, Atlanta, Perth Wildcats, Defense, NBA, Wizards, Kentucky, Wildcats, UCLA, Tyrese, Iowa State, Stephon, Spurs, Ignite, League, Pistons, Deandre, Minnesota Timberwolves, 76ers, Dillingham, Purdue, IMG, intel, Grizzlies, Edey, Memphis, Colorado, Sunrise, Lithuanian GM, Bulls, Crvena Zvezda Vecenie’s, Mega, Red Star, doesn’t, Oklahoma City, Providence Vecenie’s, Sacramento, Kings, Washington Wizards, Blazers, Carlton, Pittsburgh, Indiana, Philadelphia 76ers, Duke, McCain, Philadelphia, Sixers, Tennessee, Lakers, NCAA Tournament, Baylor, Houston, Denver Nuggets, Suns, Dayton Vecenie’s, Nuggets, Denver, Ilawarra Hawks, Jackson, Bucks, Miami, New York Knicks, Ratiopharm Ulm, Knicks, Oklahoma City Thunder, Weber State, Golden State Warriors, Illinois, Wolves, Phoenix Suns, Virginia Vecenie’s, Alabama, Mavericks, Dallas, Utah Jazz, USC, Trojans, Jazz, Baylor Scheierman, Celtics, Hoop, Toronto Raptors, Francisco, Raptors, Brook, Utah, Milwaukee Bucks, Marquette, Mikal Bridges, . Indiana Pacers, SAS, Kansas, San Antonio Spurs, today’s NBA, Ratiopharm, Detroit Pistons, Cairns, UC Santa Barbara, Belgian, Thunder, Memphis Grizzlies, Washington, Washington State, Charlotte Hornets, Atlanta Hawks, G League, Rockets, Miami Heat, Arizona, SAC, Summer League, Minnesota, Pelicans, Clippers, New Orleans Pelicans, North Carolina Vecenie’s, Stanford, Ingram, Pacers, UConn, Akron Vecenie’s, Louisiana Tech, MAC, Dallas Mavericks, Saint, Boston College Vecenie’s, Boston College, Boston Celtics, Gonzaga, Los Angeles Lakers, G, NBA Academy Africa, NBA Academy, Melbourne United Locations: Zaccharie, Indiana, Washington, Kentucky, Iowa, Haliburton, Sheppard, Connecticut, San Antonio, Detroit, Portland, Dillingham, Minnesota, Memphis, Colorado, Lithuanian, Chicago, Oregon, Miami, Philadelphia, Tennessee, Utah, California, Atlanta, Orleans, Oklahoma, Dayton, Denver, Fla, Swiss, Dadiet, New York, Shannon, Kansas, Alabama, Virginia, Collier, Boston, Oklahoma City, Milwaukee, Marquette, He’s, Europe, Spain, Spanish, Ratiopharm Ulm, Núñez, NY, OKC, Arizona, Philly, Charlotte, ORL, North, Newton, Akron, Ajinça, Africa, DAL, Cleveland

☆ Kyla Scanlon explains Gen Z's divided attitudes toward investing
▼ + stars: | 2024-06-22 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

Economic commentator Kyla Scanlon is noticing a potentially worrying trend in the investing outlook among younger generations. "But then you have the other side, which is an element to financial nihilism, where people don't want to save for retirement. They don't want to save money in general because they don't believe the future is there." Scanlon is aiming to bridge Gen Z's divided financial attitudes with her new book, "In This Economy? "The younger generation definitely wants [homeownership], because there's a lot of financial benefit to having equity," she said.

Persons: Kyla Scanlon, CNBC's, Scanlon, Gen Zers Organizations: National Association of Realtors

☆ This ETF strategy may help investors skirt market concentration risk
▼ + stars: | 2024-06-15 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis' U.S. Large Cap Value ETF (AVLV) tracks the Russell 1000 Value index, but with a caveat — the fund managers screen stocks using a profitability overlay. After Apple and Meta , the Large Cap Value fund's next-largest holdings are JPMorgan , Costco and Exxon Mobil , according to FactSet. Avantis' Large Cap Value ETF is up 7.7% in 2024, as of Friday's market close. The Russell 1000 Value index gained 4.5% during the same period.

Persons: Phil McInnis, CNBC's, McInnis Organizations: Avantis Investors, Apple, Meta, JPMorgan, Costco, Exxon Mobil, Financial

☆ This new weight loss drug ETF bets big on two of the industry's leading players
▼ + stars: | 2024-05-27 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs. Roundhill Investments' GLP-1 & Weight Loss ETF (OZEM), which began trading last week, pairs leaders Eli Lilly and Novo Nordisk with players developing new treatments for weight loss and diabetes. Eli Lilly and Novo Nordisk each hold a roughly 20% weighting in the ETF, per Roundhill's website as of Friday. Mazza waived concerns that investors have missed out on the rally, noting the weight loss drug industry is still in its "early days." After last Tuesday's launch, shares of Roundhill's GLP-1 & Weight Loss ETF ended the week down by almost 2%.

Persons: Eli Lilly, Dave Mazza, Mazza, CNBC's Organizations: Investments, Novo Nordisk, Zealand Pharma, Amgen, Chugai Pharmaceutical Locations: Roundhill's

☆ Take a look inside Lyndhurst Mansion, a historic 14,000-square-foot Gothic Revival home featured in 'The Gilded Age'
▼ + stars: | 2024-05-27 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

The tour began outside the mansion, where our guide spoke about the three families that owned the property: the Pauldings, the Merritts, and the Goulds. The side of Lyndhurst Mansion. Talia Lakritz/Business InsiderIn 1836, former New York City mayor William Paulding and his wife, New York real-estate heiress Maria Rhinelander Paulding, purchased the land overlooking the Hudson River to build a summer home. In 1864, the Pauldings' son sold the mansion to George Merritt, who made his fortune as the patent holder of a rubber spring used in railroad cars, and his wife, Julia. After her death, Anna left the Lyndhurst estate to the National Trust for Historic Preservation, which manages the site today.

Persons: Talia Lakritz, William Paulding, Maria Rhinelander, Alexander Jackson Davis, George Merritt, Julia, Davis, Jay Gould, Helen Day Miller, Helen Gould, Anna Gould, Anna Organizations: National Trust for Historic Preservation Locations: Lyndhurst, New York City, New York, Maria Rhinelander Paulding, French

☆ 'Big Short' trader Danny Moses is still betting against Tesla, says core business is 'falling apart'
▼ + stars: | 2024-05-12 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +2 min

Tesla shares are still vulnerable to a big decline ahead, according to investor Danny Moses of "The Big Short" fame . Even with the electric-vehicle maker's stock down 32% so far this year, Moses is sticking with his Tesla short. "Everything is kind of falling apart in their core business," the Moses Ventures founder told CNBC's " Fast Money " on Thursday. Moses, who is known for successfully betting against the housing market before its 2008 implosion, had the $50 short on Tesla last November, too. Moses expects Wayve, an autonomous driving company, to emerge as a serious competitor to Tesla.

Persons: Danny Moses, Moses, CNBC's, Elon Musk, Tesla, Wayve, CNBC's Anna Gleason Organizations: Moses Ventures, Tesla, Nvidia, Microsoft Locations: Wayve

☆ Inside Balyasny's summer internship, where how you accept feedback can make or break your chance of a full-time offer
▼ + stars: | 2024-05-09 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +8 min

That goes for summer interns, too, and may be especially important for them considering the bar to entry is high at Balyasny. The firm said it usually converts about 50% of its top-performing summer interns into full-time hires. AdvertisementThe hedge fund also has a formal feedback process where interns get a progress report about halfway through the summer, and again at the end. Anna Gietl, intern summer of 2022 BalyasnyDon't just hear feedback — implement itBalyasny's culture is about more than accepting feedback or seeking it out. Feedback can also be a catalyst to help build connections and solicit mentorship from people outside your team, Gietl added.

Persons: Hannah Dinardo, Dinardo, San Francisco —, execs, Dmitry Balyasny, Brendan McDermid, aren't, it's, Andrew McHugh, Anna Gietl, Gietl, —, I've, Balyasny, It's, McHugh Organizations: Service, Business, BAM, Balyasny Asset Management Locations: York, New York, Chicago, Austin, Houston, San, London , Hong Kong, Singapore

☆ Megacap tech may be the ultimate ‘quality’ play in an uncertain economy, The ETF Store president suggests
▼ + stars: | 2024-05-08 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

There may be a case to bet on technology stocks, even if interest rates remain higher for longer. While conventional wisdom suggests high rates should punish the group, investors still favor the earnings growth offered by megacap tech stocks, according to The ETF Store President Nate Geraci. "Investors are viewing megacap tech as a quality play," he told CNBC's "ETF Edge" on Monday. Even if a U.S. economic slowdown takes hold, Geraci thinks quality tech names can remain in a leadership role. "I think that causes investors to rethink making bets on companies with earnings that are far out into the future."

Persons: Nate Geraci, CNBC's, Cathie, Geraci Organizations: Technology, Innovation Locations: LSEG, U.S

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