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The S & P 500 has risen 24.73% so far this year, up fractionally more than last year's 24.23%, according to FactSet data. The U.S.-listed Gotham Enhanced 500 ETF , which has the ticker GSPY, has also posted similar gains since 2021. JREU-GB .SPX 5Y line GSPY The Gotham Enhanced 500 ETF is a newer fund and so has a shorter track record of outperformance. Yet it has beaten the S & P 500 every year since its inception in 2021. Gotham ETFs say the fund "buys all 500 stocks in the S & P 500 Index but reweights them, buying more of the ones we think are cheaper and less of the ones we believe are more expensive."
Persons: Piera Elisa Grassi Organizations: Deutsche Bank, JPMorgan U.S, Research, Equity, Gotham, JPMorgan Asset Management, CNBC, JREU, New York Stock Exchange Locations: London, U.S, Gotham
CNN —When Elisa Smithers was deployed to Iraq in 2005, there was a ban on women serving in ground combat operations. But she returned home to find she wasn’t offered the same support by the US Department of Veterans Affairs that male combat veterans were offered, Smithers said. Women account for roughly 17.5% of the Defense Department’s active-duty force, according to 2022 data from the agency. Hegseth has specifically criticized having women in roles where strength “is the differentiator,” he said on the podcast last week. She also worries any course reversal on women serving in combat will have a sweeping impact on women serving in other government jobs.
Persons: Elisa Smithers, Smithers, wasn’t, Donald Trump, Pete Hegseth, , he’s, , Hegseth, , hasn’t, ” Hegseth, Shawn Ryan, ” Smithers, we’ll, Elizabeth Beggs, Let’s, ” Beggs, Beggs, who’ve, Lory Manning, “ I’m, , ” Manning, it’s, Manning, we’ve, Brandy Cottrill, Cox, “ It’s, ‘ That’s, Sen, Tammy Duckworth, Anna Moneymaker, Illinois Sen, Duckworth, MAGA, Wendy Coop, Wendy Coop Wendy Coop, ” Coop, Coop, don’t, that’s, she’s Organizations: CNN, National Guard, US Department of Veterans Affairs, Fox News, Army, Defense, Warriors, US Army, Army National Guard, Department of Veterans Affairs, Navy, Army Rangers, Army Special Forces, Marine, “ Seals, Rangers, Green Berets, Service, Action, American Civil Liberties Union, , National Center for Veterans Analysis, Combat, Veterans Families, US Coast Guard, US Army Special Operations Command, US National Guard, Capitol, US Navy, US Naval Academy Locations: Iraq, Afghanistan, Kuwait, Washington , DC, Illinois, St, Augustine , Florida
A hurricane watch has been issued for the Cayman Islands: Grand Cayman, Little Cayman and Cayman Brac. Potential Tropical Cyclone Eighteen is forecast to become a tropical storm as it approaches Jamaica by Monday, with hurricane conditions possible in the Cayman Islands Tuesday into Wednesday. “This system is expected to become a tropical depression tonight and steady strengthening is forecast,” the National Hurricane Center says. Regardless of tropical storm development, this system will bring very heavy rain, tropical storm-force winds, storm surge, and high surf to Jamaica, the Cayman Islands and southern Cuba over the next several days. Flooding could occur over portions of Jamaica and Cuba, with mudslides possible,” the National Hurricane Center says.
Persons: Rafael Organizations: CNN, National Hurricane Center, Cayman, Cayman Brac, Southeast, Air Force Hurricane Locations: Kingston , Jamaica, Cayman Islands, Little Cayman, Jamaica, Cayman, Cuba, Florida, Southeast United States, Coast
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CNN —Less than 10 days after Hurricane Helene made landfall in Florida, the state is bracing for another potentially devastating blow from a hurricane in the Gulf of Mexico. Tropical Storm Milton formed in the western Gulf on Saturday morning just hours after it became a tropical depression, the National Hurricane Center said in a special alert. Milton is forecast to strengthen and bring life-threatening impacts to portions of the west coast of Florida next week. Hurricane watches, as well as storm surge watches, will likely be issued for portions of the Florida coast on Sunday – a dangerous storm surge is expected for some areas that were just affected by Helene. There is also an increasing risk of storm surge for the western Florida Peninsula as early as late Tuesday or Wednesday.
Persons: Hurricane Helene, Milton, Helene, Fort Myers, Elisa Raffa Organizations: CNN, Tropical, National Hurricane Center, NHC, Key West, Tampa, Fort Locations: Florida, Gulf of Mexico, Gulf, Milton, Mexico, of Mexico, Gainesville, Key, Cities, Melbourne, Jacksonville, Naples, Yucatan, Bahamas
Brunswick County Sheriff's OfficeThe Carolina Beach Elementary School was closed and students were dismissed early after classrooms started to flood, Oakley confirmed. Sunny Point, North Carolina, picked up more than a month’s worth of rain when over 9 inches fell in just three hours. CNN WeatherAreas near the North Carolina-South Carolina border – including Wilmington, North Carolina – are under a level 3 of 4 risk of flooding rainfall Monday, according to the Weather Prediction Center. A much larger level 2 of 4 risk area encapsulates most of North Carolina and northern South Carolina. In addition to heavy rain, this system could also produce a few tornadoes in eastern North Carolina Monday.
Persons: CNN — Floodwater, “ It’s, Bruce Oakley, “ We’ve, Oakley, Ashely MacBride, Lynn Barbee, hasn’t, that’s, Debby, it’ll, Ian, Elisa Raffa, Brandon Miller Organizations: CNN, Emergency, National Weather Service, Sheriff's Office, Brunswick County Sheriff's, Carolina Beach Elementary, Police, Facebook, Carolinas, Wilmington , North Carolina –, Weather, South Carolina Locations: North Carolina, Carolina Beach, , Carolina, Wilmington , North Carolina, Brunswick, Brunswick County, Point , North Carolina, floodwater, Wilmington , NC, Oakley, Charleston , South Carolina, South Carolina, Charleston, Myrtle Beach, North, South
When 36-year-old Nelson Cheney was little, he began eating spicy peppers and sauces to impress his dad. Cheney, known by his social media handle “@craving_capsaicin” — a nod to the chemical compound that gives chili peppers their heat — got hooked on the adrenaline rush he feels when he eats extremely spicy foods. Both sour and spicy foods generate painful responses, though they activate different nerves in the body. “I’ve got so many people that went from not even eating hot stuff to having a tolerance and now eating spicy food daily. Children and teens tend to be most susceptible to social media challenges, which is why Trucco said parents should pay attention, too.
Persons: Nelson Cheney, Cheney, ” Cheney, , he’s, , Elisa Trucco, Robert Pellegrino, ” Pellegrino, Paul Rozin, That’s, ” Rozin, it’s, Trucco, “ I’ve, ’ cravings, Edwin McDonald, ” McDonald, Chantel Strachan, Strachan, ” Trucco Organizations: Research, Adolescent, Child Health, Florida International University, Senses Center, University of Pennsylvania, University of Chicago Medical Center, Columbia University’s Vagelos, of Physicians and Surgeons Locations: TikTok, Philadelphia, Massachusetts
TV: PeacockWhat to watch: Novak Djokovic and Carlos Alcaraz meet for the seventh time — and second on the clay of Roland Garros — for the men’s singles gold medal. His only Olympic medal, a bronze, came in 2008. GO DEEPER Why is Team USA struggling in the Olympic gold medal count? Cycling hits the roadAnna Kiesenhofer earned Austria’s first Summer Olympics gold medal in 17 years when she won in 2021. But Katie Ledecky accomplished something only one other woman has in Olympic history by winning her ninth gold medal.
Persons: It’s, Noah Lyles, Novak Djokovic, Carlos Alcaraz, Roland Garros, Djokovic, Alcaraz, Lyles, Hannah Peters, Yu, ” Lyles, Kishane Thompson, Marcell Jacobs, Fred Kerley, Canada’s Andre De Grasse, Sarah Sjöström, Gretchen Walsh, Bobby Finke, Ireland’s Daniel Wiffen, A’Ja Wilson, Breanna Stewart, Satou Sabally, Anna Kiesenhofer, Austria’s, Dimitar Dilkoff, Austrian Anna Kiesenhofer, Italy’s Elisa Longo Borghini, Australia’s Grace Brown, Great Britain’s Anna Henderson, Chloe Dygert, , KATIE LEDECKY, 💪 Organizations: Paris Games, NBC, U.S, Netflix, Olympics, Team USA, USA Network, Telemundo, Germany, Belgium, Dallas Wings, Japan, Cycling, Getty, CNBC, United, ust, aris Locations: Paris, Alcaraz, Tokyo, Jamaica, United States, U.S, Australia, France, Belgium, Germany, Japan, AFP, Austrian, oman
It has been less than two weeks since President Biden dropped his re-election bid and threw his support behind Vice President Kamala Harris. Already, Ms. Harris has closed the gap with former President Donald J. Trump in some national polls. The Harris campaign said it had raised more than $200 million in a week. Ms. Harris’s supporters even broke attendance records on Zoom, with one group gathering more than 160,000 people on a single call. We spoke to Zoom rally organizers, first-time campaign donors and people who were previously planning to sit the whole thing out.
Persons: Biden, Kamala Harris, Harris, Donald J, Harris’s Organizations: Trump
The tragedy is sadly far from unique; extreme heat is turning ordinary activities deadly. Heat is the deadliest type of extreme weather, and the human-caused climate crisis is making heat waves more severe and prolonged. What heat does to your heartVideo Ad Feedback A rise in heat and humidity pushes the heart rate up. In extreme heat, your heart must work much harder to keep your body’s internal temperature stable. Blood flow to your brain decreases in extreme heat as breathing speeds up and blood vessels constrict inside your neck and skull.
Persons: Philip Kreycik, Kreycik, Santiago Mejia, Taylor, We’ve, , Matthew Huber, Damian Bailey, Bailey, , ” Bailey, Laura Paddison, Catharina Giudice, Harvard T.H, it’s, Pope Moseley, ” Moseley, Moseley, they’ve, Giudice, Purdue University’s Huber, ” Huber, Richer, Jane Baldwin, Bharat Venkat, Venkat, Jen Christensen, Mary Gilbert, Angela Dewan, Angela Fritz , Mark Oliver, Henry Zerkis, Angelica Pursley , Yukari Schrickel, Elisa Solinas, Lou Robinson Organizations: CNN, Police, San Francisco Chronicle, Purdue University, Olympic Games, University of South, Harvard, of Public Health, Arizona State University, Purdue, University of California, World Health Organization, UCLA, Mary Gilbert Story Locations: Pleasanton, California, Mecca, Paris, University of South Wales, Chan, West Africa, South Asia, University of California Irvine
Tokyo CNN —Kudos to you if you can speak perfect Japanese and order food at a neighborhood sushi bar in Tokyo. But overtourism – fueled by a combination of pent-up post-Covid demands (aka “revenge travel”) and the weak local currency – has recently prompted restaurants in the country to consider the merits of differential pricing. This year, spurred by a weak yen that has fallen to its lowest level against the dollar in decades, the tourists are back - in big numbers. “Some people say, ‘We don’t do this in our country.’ But think about how bad Japanese people’s English skills are. As the less-expensive resident prices are often written in the local language, foreign tourists may not even know they paid more.
Persons: , , Shogo Yonemitsu, ” Yonemitsu, Elisa Chan, Tamatebako, Rinka Tonsho, CNN Yonemitsu, isn’t, That’s, CNN Shuji Miyake, Phoebe Lee Organizations: Tokyo CNN, Mount Fuji, UNESCO, Chinese University of Hong, CNN Locations: Tokyo, Japan, Shibuya, Mount, Hokkaido, Himeji, In Venice, Tokyo’s Tsukiji
However, one exchange-traded fund (ETF) has done just that, beating the S & P 500 index for five consecutive years. The JPMorgan US Research Enhanced Index Equity ETF has beaten the benchmark every year since 2019 and is also outperforming in 2024. However, it wasn't until 2018 that JPMorgan decided to marry this time-tested strategy with the increasingly popular ETF structure. For instance, JPMorgan's ETF is overweight Microsoft shares by 45 basis points compared to the weighting for the stock in the iShares Core S & P 500 ETF. This extensive coverage forms the backbone of the REI strategy, according to Grassi.
Persons: Piera Elisa Grassi, Raffaele Zingone, Grassi, REI, Berkshire, we've Organizations: JPMorgan US, Equity, London Stock Exchange, Borsa Italiana, Deutsche Borse, Six Swiss Exchange, JPMorgan Asset Management, JPMorgan, JPMorgan Global, Vanguard, Berkshire Hathaway, GE Aerospace, Asset Management, CNBC Locations: United States, U.S, Grassi, iShares
The widespread disturbance affected 8.5 million Windows devices, or fewer than 1% of all Windows machines, Microsoft said Saturday. He says he rushed into work to find that, sure enough, they had no weather graphics available. Donion and his producer teamed up to figure out how they could display a weather forecast on air with the systems down, he said. KRCR forecaster Preston Donion improvised his weather visuals amid the global tech outage. #CAwx pic.twitter.com/eXoWfJiBaJ — Preston Donion (@PrestonDonion) July 19, 2024“I definitely got some messages on Facebook and on Twitter saying, ‘Hey, you know, thanks for adapting.
Persons: CrowdStrike, Preston Donion, ” Donion, , Donion, who’s, familiarizing, , Trinity, it’s, eXoWfJiBaJ — Preston Donion, , ’ ” Donion, I’d, , Elisa Raffa, ” Raffa, they’d, Dalia Faheid Organizations: CNN, Microsoft Locations: Northern California, Redding , California, KRCR, Washington, California, Modoc County
So when we did not get pregnant after a year, my husband and I began artificial reproductive treatment (ART). I have spoken with people in various support groups I have joined throughout my infertility and pregnancy journey about the next child anxiety. AdvertisementNext child anxiety is a fear of being retraumatized. It is a scale where we weigh the benefits of giving our child a sibling and the joys of having another child to love against the crushing reality of infertility and its treatments. My body has not been my own for two and a half years of treatment and nine months of pregnancy.
Persons: endometriosis Organizations: Service, Business, ART
For decades, the mainstream Republican position on abortion rights was clear: Overturn Roe v. Wade and send the issue back to the states. But since June 2022, when the Supreme Court’s conservative majority did exactly that, Republicans have faced a question that few seemed to consider beforehand: What comes next?
Persons: Roe, Wade Organizations: Republican, Republicans
"It was a small little dream that we had to open one cute, quaint, cozy coffee shop and café," owner Elisa Marshall told CNBC. AdvertisementIt was "a lot of sacrifice," Sormonte told CNBC, and "a lot of sweat and tears and love." Marshall told CNBC that they chose the name with the intent to create "the feeling of warmth and home." They struck a deal in 2020 with a private equity firm for "between $10 million and $20 million," CNBC reported. They also do catering and rent their café spaces for events — which together account for about 20% of Maman's yearly revenue, Marshall told CNBC.
Persons: , Elisa Marshall, Maman, Marshall, Benjamin Sormonte, Sormonte Organizations: Service, CNBC, Business, Marshall, New York Magazine Locations: York, Canada, Manhattan, New York, Marshall, Spain, Ibiza, Southern France, Toronto, Sormonte
Elisa Marshall and Benjamin Sormonte didn't want to be overly ambitious when launching a business in New York in 2014. Some items feature "a fun twist," Marshall says: The salted chocolate cookie sandwich with white chocolate ganache resembles a fancier, French version of an Oreo. Sormonte and Marshall didn't know how much launching a cafe in New York would cost, and ended up spending $250,000. The praise brought in waves of customers, and Maman brought in roughly $2 million in revenue during its first full year. And it was great," Marshall says, adding: "Next thing you know, we're the hottest cookie in New York."
Persons: Elisa Marshall, Benjamin Sormonte didn't, Marshall, Oprah Winfrey, Sormonte, — Marshall, childhoods, Armand Arnal —, Sormonte's, Marshall didn't, Maman Organizations: CNBC, Michelin Locations: New York, SoHo, Toronto, France, Montreal, Ibiza, Spain, New, Tribeca
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe spent $250,000 to open a New York bakery—now it brings in $50 million a yearElisa Marshall and Benjamin Sormonte invested all of their life savings, plus more money from family and friends, to open a cafe called Maman in New York in 2014. Last year, Maman's 34 locations brought in nearly $50 million. "It was one of the biggest financial risks we could ever take," says Marshall.
Persons: Elisa Marshall, Benjamin Sormonte, Marshall Locations: New York
Read previewRich millennials in China are experiencing world travel in a very different way from their parents. These tours offered a safer and more accessible way to explore new destinations, Elisa Harca, CEO of consultancy firm Red Ant Asia, previously told Business Insider. New technology has made solo travel much less dauntingSocial media platforms like Xiaohongshu are the go-to place for local travel tips. BORIS HORVAT/Getty"They're a lot more used to being tourists,'' Jack Porteous of China-focused consultancy firm Tong Global told Business Insider. The rise of social media platforms for travel has also spurred the accessibility of solo travel.
Persons: , Elisa Harca, Ant Asia, — millennials, Z, BORIS HORVAT, Jack Porteous, Tong, China's, Sally Maier, Yip, Porteous, Mark Kolbe, Getty, Maier, they've Organizations: Service, Business, Tong Global, Consulting Locations: China, China ., Europe, glamping, Inner Mongolia
In the days since a Manhattan jury found Donald Trump guilty of 34 felony counts, people have mostly been asking one big question. Over the past few days, our colleagues at The New York Times and at the Siena College Research Institute have been trying to answer that question. They spoke with 1,900 people they had previously polled to find out how they are currently thinking. But some have — and they are moving away from Mr. Trump. This week, Astead speaks with voters about how they are thinking about the presidential race after Mr. Trump’s conviction, including with people in one significant group: Trump supporters who said in October that if he were convicted and sentenced, they would back President Biden.
Persons: Donald Trump, Trump, Astead, Trump’s, Biden Organizations: The New York Times, Siena College Research Institute Locations: Manhattan
A professional skier and his girlfriend fell more than 2,000 feet to their deaths while mountain climbing in the Italian Alps, sports officials in the country said. As is common in climbs of this kind, they were tied together. They were alone, so it is not known precisely how or why they fell. When family members reported them missing, rescuers began a search. The Italian television channel TG3 reported that the pair were almost at the summit when they fell.
Persons: Jean Daniel Pession, Elisa Arlian, FISI, Mr, Pession, Arlian Organizations: TG3 Locations: Italian, Monte Zerbion
CNN —Italian World Cup speed skier Jean Daniel Pession and his girlfriend, Elisa Arlian, died in a mountain accident in northwest Italy, the Italian Winter Sports Federation (FISI) confirmed. “A terrible tragedy struck the world of winter sports and speed skiing in particular,” the federation said in a June 1 statement. “In a tragic mountain accident above Champoluc (Aosta), Jean Daniel Pession, a 28-year-old World Cup team member, lost his life. Together with Pession, his girlfriend also died,” FISI added. According to the International Ski and Snowboard Federation (FIS), Pession finished 15th in the 2021 World Cup standings for speed skiing.
Persons: Jean Daniel Pession, Elisa Arlian, Pession, ” FISI, Flavio Roda, ” Pession, Rescuers, Organizations: CNN, Winter Sports Federation, Federation, RAI, Helicopters, Snowboard Federation Locations: Italy, Aosta, Mount Zerbion, Champoluc, Vars
While the political world waits for a verdict in Donald Trump’s criminal trial in Manhattan, we wanted to take a moment to remember how we got here — especially the broader political context of the fall of 2016. Mr. Trump is charged with falsifying business records related to a hush-money payment to the adult film actress Stormy Daniels as part of a scheme to influence the outcome of the 2016 presidential election. Back in 2016, Mr. Trump was down in the polls and worried about losing support from women voters, who would, the thinking went, punish him at the ballot box for the lewd “Access Hollywood” tape and anything Ms. Daniels might make public. That of course is not what happened. And in the years since, assumptions about how women vote have come to feel more complicated.
Persons: Donald Trump’s, Trump, Stormy Daniels, Daniels Organizations: Mr Locations: Manhattan
Elisa Gutierrez andAs he runs for re-election, President Biden is talking about one specific issue a lot: the economy. He emphasizes the nation’s low unemployment and slowing inflation, and even rolled out a catchy nickname for the good numbers: Bidenomics. The problem for Mr. Biden is that few Americans seem to agree that the economy is strong. They think the opposite.
Persons: Elisa Gutierrez, Biden
Rich millennials in the US have been known to splash out on their pets, new laundry rooms, and expensive coffee machines. And over in China, rich millennials have their own ideas of what counts as a luxury status symbol. AdvertisementExpect to see these rich millennials mixing luxury casual wear like T-shirts and sneakers with traditional luxury brands, Banta told BI. And getting regular aesthetic treatments has become a top priority for affluent millennials, Banta told BI. Independent luxury brands that offer more authentic products and those that draw on cultural heritage are also highly in demand, she said.
Persons: , they've, Rich millennials, They've, Claudio Lavenia, Louis Vuitton, Daniel Langer, Amrita Banta, Budrul Chukrut, Elisa Harca, Ant Asia, Mary, Kate, Ashley Olsen, prioritizes, Harca, Banta, JUAN BARRETO, Olivia Plotnick, Port Ellen, Alexandra Bacon, Ewan Andrew, Langer, Black Pearl, JOHANNES EISELE, Olivier Morin, Plotnick, Tom Dixon, Potnick, Gen, Gabriella Tegen, Gen Z Organizations: Service, Business, Pepperdine University, Research, Getty, JUAN BARRETO Travel, Wai, Social, Diageo, Michelin, China Morning, Meituan, Clover, Bloomberg, Clover Suites, China News Service, McKinsey, Brands, Independent Locations: China, Antarctica, Iceland, Shanghai, Port, Scotland, That's, Harca, Singapore, Banta, millennials
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