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A banana duct-taped to a white wall — or an acclaimed piece of art, depending how you look at it — sold at a Sotheby's auction for $6.24 million on Wednesday. The artwork debuted at Art Basel Miami Beach in December 2019 and was initially estimated to sell around $1.5 million, according to Sotheby's. At one point, someone even took the banana off the wall and ate it. According to Sotheby's, Cattelan "single-handedly prompted the world to reconsider how we define art, and the value we seek in it." As Galperin put it, "There is no better forum to adjudicate the value of art and a single object than the platform of auction."
Persons: , Maurizio Cattelan's, Nancy Durrant, Maurizio Cattelan, David Galperin, Sotheby's, rhapsodically, Durrant, Lucius Elliot, Durrant —, Elliot, Maurizio, Emmanuel Perrotin, Perrotin, Galperin Organizations: Art Basel Miami Beach, Art Basel, Americas, New, New York Post, Vogue Locations: New York
AdvertisementHere are some sweet treats you probably didn't know you can make in an air fryer. "The air fryer is perfect for making a small batch of brownies without heating up the whole house with the oven," he said. "This classic dessert can easily be prepared in an air fryer without having to turn on the oven. "Chocolate-chip cookies bake in around five minutes in the air fryer," Riley told BI. You can shorten the baking time of banana breadBanana bread takes less time to bake in an air fryer.
Persons: fryer, athiwath, Chris Riley, Riley, Tatiana Volgutova, Maria Liberati, Marina Meshkova, Jessica Randhawa, Randhawa, Read Organizations: Air, Brownies, fryer Locations: gooey
The Appalachian Trail extends for almost 2,200 miles across 14 states – from Springer Mountain in Georgia to Mount Katahdin in Maine. Portions of the trail in North Carolina’s Pisgah National Forest suffered the most severe damage and remain closed. Towns and businesses need the trail’s trafficThe Appalachian Trail is more than a footpath for many people. Every year thousands of people attempt to hike the entire trail or “thru-hike” it, and about 3 million people visit portions of the trail, according to the Appalachian Trail Conservancy. The total cost of the repairs along the trail remains unclear while officials continue assessing the full extent of the wreckage, the Appalachian Trail Conservancy said.
Persons: Terry Wise, Hurricane Helene, , Wise, Helene, , , Michelle Mitchell, Franklin Tate, They’ll, Tate, ” Wise, It’s, ’ ” Wise, Johnny’s, We’re, Ed Clark, ” Clark, Roy Cooper’s, Paul Curtin, Curtin, Crews, ” Curtin, Mitchell, Terra Caballero, Caballero, ” Caballero, Billoy, Shutterstock Craig Stivers, Stivers, Erwin, ” Stivers Organizations: CNN, Volunteers, US Forest Service, National Park Service, Forest Service, Forest, Cherokee, North Carolina . North Carolina Forest Service, Appalachian, Conservancy, Forest . United States Forest Service, North Carolina Gov, Carolina Mountain Club, Asheville . United States Forest Service, US Department of Transportation, Officials, conservancy, Unicoi Locations: Erwin , Tennessee, East, Springer, Georgia, Katahdin, Maine, Georgia , North Carolina , Tennessee, Virginia, Southern, North, Pisgah, Tennessee, North Carolina, Hurricane, North Carolina . North, Towns, Appalachian, Erwin, Hot Springs , North Carolina, The, Asheville, Forest, Bent, Asheville ., South Carolina , Tennessee, Florida, Hurricane Milton
Vacant federal office space in downtown Washington is costly to maintain and a deep source of frustration to Mayor Muriel Bowser. She told reporters last week that she had requested a meeting with President-elect Donald Trump and that top on her agenda is pushing federal workers to return to downtown Washington. All told, the U.S. has roughly 2.2 million federal workers. With fewer people in the office, the cost of excess federal office space has become a concern. In 2004, a little over 750,000 federal workers were eligible to work from home.
Persons: WASHINGTON, Vivek Ramaswamy, Elon Musk's, Muriel Bowser, Donald Trump, ” Bowser, , Ramaswamy, Tucker Carlson, , ” Ramaswamy, ” Jacqueline Simon, Musk’s, Kamil Krzaczynski, Simon, Joe Biden, George W, Bush Organizations: Management, American Federation of Government Employees, Bureau of Prisons, NBC, Patrol, Office, Republican, Republican National Convention, Getty, Education Department, OMB, Personnel Management Locations: Washington, , U.S, Milwaukee, AFP
Investors may soon be forced to take on more risk and rethink their diversification strategies due to macroeconomic uncertainties. And that presents challenges for those who follow the traditional balance of 60% stocks to 40% bonds as a diversifier, he added. "Momentum has really been driving equities higher across the board, especially with respect to large-cap growth names," Adams said. The study found that stocks, bonds, and options strategies could have more correlated risk than is evident on the surface. "So value stocks are about the here-and-now, growth stocks are about the hereafter."
Persons: Goldman Sachs, Jon Adams, Adams, Jimmy Chang, Donald Trump, Chang, Nikolai Roussanov, David Kelly, you've, Kelly Organizations: Calamos Wealth, Treasury, Rockefeller, Family, Wharton School, Morgan Asset Management
AdvertisementFlorence Pugh, 28, was diagnosed with PCOS and endometriosis at 27. Florence Pugh has opened up about two recent diagnoses that prompted her to freeze her eggs at 27 years old. Speaking on Dear Media's SHE MD podcast with her Beverly Hills gynecologist, Pugh, now 28, discussed the moment she was diagnosed with polycystic ovarian syndrome (PCOS) and endometriosis — conditions that can impact fertility. AdvertisementDr. Thais Aliabadi, the gynecologist who diagnosed Pugh, reacted to her story on the podcast: "That is what women go through every single day." PCOS symptoms also include thinning hair, excess hair growth, acne, and darkened skin.
Persons: Florence Pugh, PCOS, Pugh, Oppenheimer, Oscar, Thais Aliabadi, endometriosis, , I'd, Aliabadi, she'd Organizations: Beverly Locations: London, LA
The Republican document said the executive order contained “radical leftwing ideas” that hindered innovation. The most advanced AI systems could, in the worst case, “pose an extinction-level threat to the human species,” the report said. A related document said AI systems could be used to implement “high-impact cyberattacks capable of crippling critical infrastructure,” among a litany of risks. However, he worries that a repeal of Biden’s executive order would spell the end of the US government’s AI Safety Institute. It is possible that that would be the subject of a future Trump executive order,” said Strait.
Persons: London CNN — Donald Trump, Elon Musk, Joe Biden, Sandra Wachter, , Andrew Strait, Ada Lovelace, Strait, Kamala Harris, Musk, Steve Kramer, Dean Phillips, Biden, Phillips ’, Taylor Swift, Alexandria Ocasio, Cortez, ” Manoj Chaudhary, What’s, It’s “, Trump, ” Strait, Gavin Newsom, JD Vance, , Musk’s Tesla Organizations: London CNN, White House, Republican Party, Republican, Oxford Internet Institute, Oxford University, CNN, Ada, Ada Lovelace Institute, US Department of Homeland Security, Democratic, US State Department, AI Safety, “ Department, Government, Trump Locations: London, United States, New Hampshire, Alexandria, Colorado, New York, , California
AdvertisementI tried 20 breakfast foods from Trader Joe's, from Greek yogurt to pancakes. I tried some of Trader Joe's most popular breakfast foods as part of an ongoing series to review the chain's best items. VERDICT: Because of its convenience, Trader Joe's brioche French toast is worth trying at least once. AdvertisementVERDICT: Though I prefer a more traditional sandwich with actual bread, I'd be willing to buy Trader Joe's eggwich again. I didn't like Trader Joe's chicken-sausage breakfast bowl at allTrader Joe's chicken-sausage breakfast bowl wasn't my favorite.
Persons: Joe's, Wilson, you'll, I'm, I've, I'd, could've, wasn't ravenous, Wilson I've, Savanna, , Joe's eggwich Organizations: Wilson Locations: Savanna, scone
AdvertisementIn an email to subscribers, Ark Invest highlighted its exposure to Elon Musk's private companies. Its venture fund includes stakes in SpaceX, X, and xAI, totaling nearly 15% of net assets. Ark Invest hyped Musk's influence with Donald Trump, saying his companies could also benefit. SpaceX was Ark Venture Fund's largest holding, with about 13% of assets, worth an estimated $8.7 million. In a recent interview, Winton illuminated the factors that drove Ark's investments in Musk's companies.
Persons: Elon, Donald Trump, Elon Musk, Brett Winton, Elon Musk's, Ark, xAI, Trump, Musk, He's, Winton Organizations: Ark Invest, SpaceX, Ark, Elon, Invest, ARK Venture Fund, Ark Venture, Trump megadonor, Trump's, Winton Locations: Elon, United States
CNN —Sitting at your desk all day may put you at greater risk for heart disease –– even if you work out in your spare time, according to new research. This study was particularly helpful in investigating sitting because of its large sample size and the methodology it employed, Diaz said. “We would really recommend that as many people as possible avoid sitting more than 10.6 hours a day,” Ajufo said. The study is also observational, which means that while it can make associations, it can’t prove that the sitting was the cause of the heart disease, she added. To do their job well, muscles need movement.
Persons: , Ezim, Keith Diaz, Diaz, ” Ajufo, “ That’s, Ajufo, ” Diaz, don’t, “ You’re Organizations: CNN’s, CNN, Brigham, Women’s Hospital, Columbia University Medical Center, American College of Cardiology Locations: Boston
CNBC's Jim Cramer made the case for owning Tesla stock, saying it's worthwhile not because President-elect Donald Trump reportedly wants to relax U.S. self-driving rules, but because of CEO Elon Musk himself. "While I don't buy the national self-driving mandate, I think nothing truly dulls the case for owning Tesla," he said. "The Musk premium will work its magic in other ways, perhaps favorable municipalities and Tesla rentals next to federal highways." But Cramer suggested that the Trump team's plans for autonomous vehicles might be easier said than done. Cramer also stressed that Tesla stands apart from its EV peers because of its tech focus.
Persons: CNBC's Jim Cramer, Donald Trump, Elon Musk, Tesla, Trump, Cramer, Elon, Trump's Organizations: Bloomberg, Trump, Barclays, SpaceX
Trump has said he wants to lower gas prices — which currently average $3.07 per gallon — to below $2 a gallon. But the American oil industry is already booming and increasing output doesn’t mean gas prices will drop. After oil prices shot up in 2022 in the wake of Russia’s invasion of Ukraine and the sanctions on Russian oil imposed by western countries, major oil companies reported record profits. But are we going to increase oil production by another 50%? OPEC+, a group of leading oil-producing countries, even delayed plans to increase production because of concerns about excess supply.
Persons: Donald Trump, ” Trump, Trump, Chris Wright, Wright, Andy Cross, Andy Lipow, ” Lipow, “ It’s, Biden, , Bob McNally, George W, Bush, CNN’s David Goldman, Matt Egan Organizations: CNN, Liberty Energy, Liberty, Denver Post, US Energy Information Administration, P, Insights, Eurasia Group, Texas Intermediate, OPEC, Lipow Oil Associates, Energy, Oil Locations: Denver, States, Saudi Arabia, Russia, Eurasia, Ukraine, China, OPEC
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
Tesla shares jumped on Monday following a report that President-elect Donald Trump's transition team are planning to make a federal framework to regulate self-driving vehicles a top priority for the U.S. Transport Department. ET, Tesla stock was up 7.98% in U.S. premarket trading after the release of the Bloomberg News report, which cited unnamed sources familiar with the matter. CNBC could not independently verify the report and has requested comment from the Trump team and from the National Highway Traffic Safety Administration, a Transportation Department unit tasked to oversee self-driving technologies. Full Self-Driving, or FSD, is Tesla's premium driver assistance system, currently available in a "supervised" version for Tesla electric vehicles. Trump's transition team is reportedly looking for policy leaders for the Transportation Department to develop a federal regulatory framework for self-driving vehicles, according to Bloomberg.
Persons: Elon Musk, Donald Trump, Tesla, Donald Trump's, Musk, Vivek Ramaswamy, Google's, Emil Michael, Sam Graves of, Garret Graves Organizations: Republican, U.S . Transport Department, Bloomberg, CNBC, Trump, National, Traffic Safety Administration, Transportation Department, White, Government, FSD, Uber Locations: Butler , Pennsylvania, U.S, Texas, California, Sam Graves of Missouri, Garret Graves of Louisiana
London CNN —Weight loss drugs such as Wegovy and Ozempic have been hailed worldwide as revolutionary for medicine. Additional measures to prevent obesity in the first place are desperately needed, health experts say. Part of that new thinking is exploring weight loss drugs. The OHA has crunched the numbers on existing weight loss drugs like Wegovy, the brand name for the appetite suppressant semaglutide. “There is no such thing as a silver bullet for obesity,” the Obesity Health Alliance emphasized.
Persons: Wes Streeting, Streeting, Eli Lilly, It’s, Keir Starmer, , Alfred Slade, suppressant, ” Slade, , it’s, Tom Little, prioritization, Jack Doughty, Martin White, ” White, White Organizations: London CNN, National Health Service, The Telegraph, Survey, British, Obesity Health Alliance, OHA, CNN, Reuters, Diabetes UK, NHS, of Health, Social Care, University of Cambridge Locations: United Kingdom, England, Novo Nordisk's, Denmark, sodas
And to run the new cost-cutting department, Trump tapped the businessman he calls the world's "greatest cutter" — Elon Musk. If you're looking to take a chainsaw to the federal government, Musk seems perfectly suited to the job. When it comes to federal spending, one person's waste is another person's bread and butter. And his massive investments in electric vehicles and social media are dependent on all sorts of federal spending and oversight. Musk has acknowledged that Americans will feel "hardship" as a result of the cuts he wants to see implemented.
Persons: Donald Trump, Trump, Elon Musk, Musk, cochair, Vivek Ramaswamy, Ronald Reagan —, There's, Michael Morris, Morris, it's, Andy Wu, Linda Bilmes, Ronald Reagan, Joel Friedman, Brian Hughes, DOGE, Reagan, Ramaswamy, It's, Sam, Uncle, Elon Organizations: Department of Government, Twitter, Tesla, SpaceX, Defense Department, IRS, Columbia Business School, Harvard Business School, Government, Harvard Kennedy School, Office, GAO, Fox News, Budget, Federal Aviation Administration, Veterans Administration, Locations: Ecuador, Independence
China willing to be partners, friends with US, Chinese envoy says
  + stars: | 2024-11-16 | by ( ) www.cnbc.com   time to read: +2 min
The national flags of the United States and China flutter at the Fairmont Peace Hotel on April 25, 2024 in Shanghai, China. China is willing to be partners and friends with the United States, China's ambassador to Washington said, seeking to strengthen dialogue between the world's two largest economies. China has no plan to surpass or replace the United States, Xie Feng said in a speech in Hong Kong on Friday, addressing Chinese officials and the U.S. ambassador to China. Chinese President Xi Jinping called on Friday for rejecting unilateralism and protectionism in favour of economic globalisation. However, some analysts say China's pitch as a counterbalance to a Trump-led United States has lost its shine compared to 2016, when Trump was first elected.
Persons: Xie Feng, Donald Trump's, Trump, Xi Jinping, Xie Locations: United States, China, Fairmont, Shanghai, Washington, Hong Kong, U.S, Beijing, Europe, Asia, Trump, Taiwan, Taipei
Trump has flirted with changing budget laws, but experts told BI that could cause a massive fight. Despite its name, the DOGE will not actually be a government department, as departments are permanent and can only be created by Congress. "The Department of Government Efficiency (DOGE) will ultimately be staffed and dedicated to this mission," Brian Hughes, a spokesperson for Trump's transition team, told BI in a statement. "It just doesn't work, unless you decide to start cutting Social Security benefits or Medicare, at which point all hell breaks loose," she told BI. Trump, Musk, and Ramaswamy may try to circumvent the congressional obstacles standing in the way of their cost-cutting agenda.
Persons: Trump, Donald Trump, Elon Musk, Musk, Vivek Ramaswamy, Ramaswamy, Jim WATSON, Musk's, Elaine Kamarck, Bill Clinton, Kamarck, Brian Hughes, Barney Frank, Douglas Holtz, it's, Lisa Gilbert, Holtz, Eakin, he'll, they're, Gilbert, Brandon Bell, It's, aren't Organizations: Government, Wednesday, Department of Government, GOP, Trump, Brookings Institute, Social Security, Department, Government Efficiency, Congressional, Office, Management, Public Citizen, White, Bloomberg, SpaceX
Russia's wartime economy could be in it for the long-haul — or at least longer than expected. A team of economists is unconvinced that Russia will tumble into economic collapse any time soon, as suggested by some analysts. The paper counters notions that a Russian crisis will come as soon as next year, an argument made by economists such as Yuriy Gorodnichenko. Don't underestimate domestic demandAccording to the report, Russia's domestic market has been an underrated factor behind the country's perseverance. Sustainable war spendingSome have forecast an immediate recession if Russia's war in Ukraine ever ends, arguing that the Kremlin's massive war budget is responsible for the economy's continued survival.
Persons: Yuriy Gorodnichenko, shouldn't Organizations: Center, UC Berkley, CASE, Kremlin, Moscow Locations: Russia, Europe, Russian, Moscow, Ukraine
But if your device is filled with too much digital clutter, it could be affecting your mental health and productivity, experts say. But sometimes, the common behavior can tip over into a disorder that more researchers are trying to understand: digital hoarding. Here’s how to ease up on digital clutter and know when you might be displaying signs of a disorder, according to experts. “Digital clutter is just as stressful as actual clutter in our physical world,” she said. A digital hoarding disorder will be fueled by a persistent urge to save digital information, rather than a “preference” to store that is more flexible, he added.
Persons: , Susan Albers, , Albers, Emanuel Maidenberg, UCLA’s David, Maidenberg, Sanjaya Saxena, Saxena, ” Albers, decluttering, “ it’s Organizations: CNN, Cleveland Clinic, UCLA’s, UCLA’s David Geffen School of Medicine, UCLA, Behavioral Therapy Locations: Ohio, United States, Boston
Jamie Dimon says bankers are "dancing in the street" because they expect Donald Trump to cut regulations. President-elect Trump has tasked Elon Musk and Vivek Ramaswamy with eliminating government waste. AdvertisementJamie Dimon says Wall Street is whooping with joy at the prospect of Donald Trump tearing up regulations and revitalizing the banking industry in his second term. AdvertisementExcessive regulation in the US is "a shame, and we're doing this to ourselves, and it's a mistake," Dimon said. The president-elect wrote that DOGE's goal would be to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies."
Persons: Jamie Dimon, Donald Trump, Trump, Elon Musk, Vivek Ramaswamy, , they've, Dimon Organizations: JPMorgan, Service, APEC, Summit, Bloomberg, of Government Locations: Lima , Peru
The tactic, known as "tax-loss harvesting," involves selling losing brokerage account assets to claim a loss. "Tax-loss harvesting is a tried and true strategy to lower investors' tax bills," said certified financial planner David Flores Wilson, managing partner at Sincerus Advisory in New York. "Investors can benefit substantially over time" by tax-loss harvesting consistently throughout the year, Wilson said. What to know about the wash sale ruleTax-loss harvesting can be simple when you're eager to offload a losing asset. How exchange-traded funds can helpWhile the wash sale rule is a challenge, exchange-traded funds, or ETFs, can help investors avoid trouble with the IRS, experts say.
Persons: David Flores Wilson, Wilson, George Gagliardi, Gagliardi Locations: New York, Lexington , Massachusetts
How to prevent diabetes, according to a doctor
  + stars: | 2024-11-14 | by ( Katia Hetter | ) edition.cnn.com   time to read: +8 min
What steps can people take to prevent diabetes? Another risk factor for developing type 2 diabetes is the third form of diabetes, which is gestational diabetes. It usually goes away after the birth of the child, but having gestational diabetes increases the risk of the woman later developing type 2 diabetes as well as the risk of the child developing type 2 diabetes. miodrag ignjatovic/E+/Getty ImagesCNN: What steps can people take to prevent developing diabetes? Wen: Here’s how to prevent the most common form of diabetes, type 2 diabetes.
Persons: CNN —, , Leana Wen, Wen, don’t, miodrag ignjatovic, it’s, We’ve Organizations: CNN, Diabetes, George Washington University, US Centers for Disease Control, Pacific Islanders, CDC Locations: United States, American, Americans
Elon Musk is a showman, not an accountant
  + stars: | 2024-11-14 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
The merch will be 🔥🔥🔥”If you need more evidence of how silly this whole thing is, note (as many commentators did online) that the efficiency department is being overseen by two people. On the campaign trail last month, Musk was asked how much he thought he could cut from the nation’s $6.5 trillion budget. Musk would be lucky to find $200 billion in the federal budget, former Treasury Secretary Larry Summers said at the Economic Club of New York on Tuesday. Even Trump joked to House Republicans on Wednesday that he can’t get rid of Musk, a source in the room told CNN. And that means Musk himself, as Tesla’s largest individual shareholder, is $55 billion richer today than he was a week ago.
Persons: Donald Trump, Elon Musk, , he’s, Vivek Ramaswamy, ” Trump, Elon, Vivek, Trump, Musk, ments on Organizations: New, New York CNN, bro, “ Department, Government, Ford, United Airlines, Republican Congress Locations: New York, le
In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNTChesnot | Getty ImagesDogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as "DOGE" in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said in a statement. Stock Chart Icon Stock chart icon Dogecoin jumped after President-elect Donald Trump announced the creation of the Department of Government Efficiency, or "DOGE." Memecoins are seen as a gauge of retail interest and risk appetite in crypto. When memecoin activity ramps up, it usually indicates that retail investors are participating and have an appetite to speculate further out on the risk curve.
Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, Trump, Dogecoin Organizations: Getty, Department of Government, Republican, Management, Administration
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