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☆ How a U.S. crackdown on cheap Chinese imports could help Amazon but challenge Meta
▼ + stars: | 2024-09-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

The White House wants to close a trade loophole exploited by Chinese discount e-retailers — a move that would have a ripple effect on at least two of our portfolio stocks: Amazon and Meta Platforms. The de minimis exemption has allowed Chinese e-commerce giants, particularly low-cost Temu and Shein, to flourish. Temu has risen in popularity in the U.S. for selling items directly from Chinese merchants at massive discounts. Temu is generally seen as a growing competitor to Amazon since its prices are often lower. Meta challenges On the other hand, the trade shift could present a challenge for Meta, which relies on advertising from e-commerce platforms.

Persons: Harris, hocking, Temu, it's, Jeff Marks, Shein, Meta, Jim Cramer's, Jim Cramer, Jim Organizations: Biden, Harris Administration, Amazon, Deutsche Bank, Deutsche Bank analysts, JPMorgan, Services, Meta, Management, CNBC, Getty Locations: U.S, China, Temu

☆ Donald Trump is going all-in on the crypto bro vote
▼ + stars: | 2024-09-17 | by ( Grace Eliza Goodwin | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Read previewFormer President Donald Trump is taking his courtship of the crypto industry to the next level. "If we don't do it, China will do it," Trump told Sarmad, referring to making cryptocurrency mainstream. Ahead of the Monday livestream, Trump said he would use the event to launch his latest business venture: a new crypto-banking platform called World Liberty Financial. During the Monday livestream, Trump credited his changing perspective on crypto to his NFTs' positive response. During the Monday livestream, Trump took a scaremongering approach, encouraging crypto lovers to vote for him lest they court hostility from the US Securities and Exchange Commission.

Persons: —, Donald Trump, Web3, Trump, Sarmad, Chase Herro, Zach Witkoff, Steve Witkoff, Trump's, Donald Jr, Eric, Barron, Don Jr, Kenneth Niemeyer, hocking NFTs, Joe Biden, poising, you'd, bitcoin, Kamala Harris Organizations: Service, Republican, Business, Liberty, Liberty Financial, CNBC, Trump, New York Times, US Securities and Exchange Commission, Analysts, Fox Business Locations: China, Nashville, United States, cryptocurrencies

☆ Volatility index surges close to 66 then falls to half
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVolatility index surges close to 66 then falls to halfCNBC's Rick Santelli and CBOE's Rob Hocking discuss huge moves in volatility as the market sell-off deepened.

Persons: Rick Santelli, Rob Hocking

☆ This Ohio cabin was just named one of the top 10 vacation rentals in the world—check it out
▼ + stars: | 2024-04-20 | by ( Annie Probert | ) www.cnbc.com time to read: 1 min

Tucked away in the forests of Hocking Hills, Ohio, is a luxury cabin that was recently named one of the hottest vacation rentals in the world by a panel of judges selected by eviivo, a property management system for hotels, vacation rentals and bed and breakfasts. The properties were chosen from hundreds of submissions and ranked against features like "design, history, amenities and visual aesthetics," according to eviivo's press release announcing the list. Known as The Rocky Villa, the Ohio property includes a two-bedroom, two-bathroom cabin and offers "the perfect blend of luxury and tranquility," according to the rental's website. It also features two waterfalls, "creating a serene and picturesque backdrop for your stay," the website says.

Persons: Rocky Villa Organizations: eviivo Locations: Hocking Hills , Ohio, Ohio

☆ How the businessman who blew up MoviePass tried to create a 'TikTok killer' and cost investors millions
▼ + stars: | 2024-04-01 | by ( Ashley Rodriguez | Jason Guerrasio | ) www.businessinsider.com time to read: +22 min

At Vinco, Farnsworth employed several of the same tactics that he had at MoviePass and at his earlier ventures. "Ted took these press releases and really treated them like they were works of art for him," Matt Argall, a former advisor to Farnsworth, told BI. Hudson Bay has not been served the lawsuit as of the publication of this story. "Hudson Bay's investment in Vinco Ventures was a standard, fixed price convertible loan of which millions remain unpaid," Hudson Bay told BI in a statement. "If served, Hudson Bay will seek to have these baseless, factually flawed and frivolous claims, which have been repeatedly dismissed in other proceedings against other parties, dismissed expeditiously."

Persons: MoviePass, Ted Farnsworth, Maria Bartiromo, he'd, Farnsworth, Jaeson Ma, Ted Farnsworth playbook, Ted, Barnum, John Fichthorn, I've, Shadwrick Vick, Rudy, Vick, Roderick Vanderbilt, who's, hocking, La Toya Jackson, Helios, Matheson, Brian Quinn, Farnsworth's, Michael Hartstein, Vinco, Matt Argall, Mitch Lowe, Reuters Farnsworth, David, Goliath, TikTok, We're, Argall, Elton John, Jamie McCarthy, Lomotif, Lil Nas X, Snoop Dogg, Grimes, Zash, Allan Stern, Get2it, Stern, Robert N, Scola Jr, Scola, he's, —, Lowe, Getty, Dave Kotinsky, Stringer Vinco, expeditiously, Farnsworth —, Vanderbilt, Jesse Law, Katherine Long Organizations: Fox Business, Hollywood, Business, Zash Global Media, Entertainment, Vinco Ventures, Fox, Hudson Bay, BI, Helios, Matheson, Matheson Analytics, Boston College Law School, Palladium Capital Group, Vinco, BHP Capital, Armistice, CVI Investments, National Enquirer, Reuters, AMC Theatres, AMC, Gemini Valuation, Hudson, Eightco Holdings, Elton John AIDS Foundation, 91st, EDC, Tampa Marriott, SEC, Publishing, National Examiner, Globe, The New York Times, Southern, Southern District of, Bloomberg, Bay, Vanderbilt, Federal Bureau of Investigation Locations: Hudson, Vinco, Zash, Hudson Bay, China, Syracuse , New York, Lomotif, Syracuse, West Hollywood , California, Vegas, Tampa, Argall, Boston, India, The, Miami, MoviePass, Southern District, Southern District of Florida, New York

☆ Blueberry grown in Australia breaks record as world’s heaviest
▼ + stars: | 2024-03-15 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —A giant blueberry that tips the scales at a whopping 20.4 grams (0.71 ounces) officially entered the record books this week. The fruit was picked on November 13 and the record for heaviest blueberry was confirmed this week, a spokesperson for Guinness World Records told CNN on Friday. It was grown in Corindi, New South Wales, Australia, by staff at blueberry grower Costa Group. The previous record for heaviest blueberry was held by a 16.20-gram (0.57-ounce) berry grown in Western Australia in 2020, according to Costa, which develops new varieties of blueberries that can be grown in different conditions. And in August 2019 a monster grapefruit broke two records and became the world’s heaviest and largest grapefruit by circumference.

Persons: Brad Hocking, “, ” Hocking, ”, Hocking, Chahi Ariel Organizations: CNN, Guinness World Records, Records Locations: Corindi , New South Wales, Australia, Western Australia, Costa, chihuahua

☆ These are the 10 best places to buy a vacation house in the U.S. based on rental performance, yearly expenses and more
▼ + stars: | 2023-10-31 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

Evolve, a vacation rental company, ranked the best places in the U.S. to buy a vacation house right now. In October, Evolve, a vacation rental company, released its ranking of the best places to buy a vacation house right now. 1 place to buy a vacation house right now, according to Evolve. 2 best place to buy a vacation house right now. The Evolve report states that the median rental revenue for Holland is $44,577, the example cap rate is 8.8% and the median listing price is $355,544.

Persons: Peter Unger, , New York Holland , Michigan Hocking Hills , Ohio Palo, Deb Snelson Organizations: Stone, U.S . News, , New York Holland , Michigan Hocking Hills , Ohio Palo Pinto , Texas Wisconsin Dells, Wisconsin Savannah , Georgia Michigan City, Evolve, Holland State, Istock, Getty Locations: U.S, , New York, New York, Lake Ontario, Finger, Napa Valley, HomeToGo, , New York Holland , Michigan Hocking Hills , Ohio, , New York Holland , Michigan Hocking Hills , Ohio Palo Pinto , Texas, Wisconsin Savannah , Georgia Michigan, Wisconsin Savannah , Georgia Michigan City , Indiana Vernon Township , New Jersey Dover , Vermont Sevierville, Tennessee Holland , Michigan, Holland, Lake Michigan, Southeast Ohio, Hocking Hills

☆ I borrowed $150,000 against my home to buy another property to list on Airbnb. It was worth it even though rising rates boosted my monthly costs by $140.
▼ + stars: | 2023-01-08 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Tate Cline cashed out $150,000 of his home's equity to buy and revamp a 26-acre property for Airbnb. (According to financial services company Bankrate, the current average 10-year HELOC interest rate is 7.37% as of January 4.) I used a HELOC loan for the purchase of a property in southern Ohio, in a place called Hocking Hills. I'm using HELOC for the whole thing. I'm going to do an adjustable-rate mortgage.

☆ How airlines plan to create a new generation of pilots amid fears of decade-long cockpit crisis
▼ + stars: | 2022-11-11 | by ( Bob Woods | ) www.cnbc.com time to read: +12 min

Focusing more long-term, though, airlines are boosting training programs to unprecedented levels and trying to attract a younger and more diverse next generation of aviators. That formula has been adopted by regional airlines, too, such as Mesa Air Group , Republic, Envoy, Cape Air and SkyWest . The regionals have always been an entry point for the mainline airlines' pilots, providing them the requisite number of hours of flight time needed before advancing. "The pilot shortage has abated to some extent," Murray said, "but at the expense of lower frequencies and fewer connection opportunities for travelers." Regional airline Republic has its own flight school, the Leadership in Flight Training Academy, in Indianapolis.

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