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One basis point is equal to 0.01% and yields and prices move in opposite directions. ET, the yield on the 10-year Treasury was lower by 5 basis points at 4.365%. U.S. Treasury yields slid on Tuesday as tensions between Ukraine and Russia increased, while investors awaited new data. Bloomberg News also reported, citing RBC Ukraine, that Ukraine hit Russia with U.S.-made missiles for the first time. Yields have soared following the election with traders betting that Trump's pro-business policies and tax cuts will boost economic growth.
Persons: Vladimir Putin, , Joe Biden, Trump's, Scott Bessent, Howard Lutnick, Trump, Elon Musk Organizations: Treasury, U.S, Bloomberg News, RBC Ukraine, Traders, Wall, US Treasury, ING, Key Square Group Locations: Ukraine, Russia, U.S, Trump's, Washington
The latest obsession on TikTok is the "Winter Arc" challenge, which sees young people get ahead of their New Year's Resolutions. Winter Arc TikTok is flooded with videos of young men and women wearing dark-colored oversized hoodies and athleisure, working out in the gym, or going for early-morning runs. Carly says the Winter Arc is all about being "laser-focused" on your goals, so that you're transformed by the new year. He said it takes 66 days to form a habit, so the Winter Arc helps ease the process of transitioning into your New Year goals. Here are four expert tips to create healthy, realistic Winter Arc goals:
Persons: Carly, Michael Baah, Baah, Gary Lineker, Ezra Taylor, Tasha Ghouri, they'll, Malminder Gill Organizations: CNBC Locations: British, London
ET, the 10-year Treasury yield rose by more than two basis points to 4.4453%. The yield on the 2-year Treasury rose by more than three basis points to 4.3307%. U.S. Treasury yields rose on Friday as investors digested Federal Reserve Chair Jerome Powell's latest comments, and awaited further economic data. The remarks come after the Fed cut interest rates by a quarter point last week. Investors will turn their attention to further economic data due to be published on Friday, including retail sales, industrial production, and import prices.
Persons: Jerome Powell's, Powell, Powell's Organizations: Treasury, U.S, Investors, Fed
Australia's government has proposed a social media ban for children under the age of 16 which experts have described as a "momentous step," as parents globally call for greater regulation of tech companies. Other platforms have sought to address the harm social media can do to young peoples' mental health, with Meta's Instagram launching "Teen Accounts" in September. Zach Rausch, an NYU Stern School of Business research scientist and lead researcher on No.1 New York Times bestselling book "The Anxious Generation," said Australia's legislation was a "momentous step" and will make Australia a "global leader in protecting kids online." The Australian law would see social media platforms held entirely responsible for preventing access to children. Children who breach the law and their parents will not face any penalties.
Persons: Anthony Albanese, Meta's Instagram, Bytedance's TikTok, Elon Musk's X, Dany Elachi, Elachi, , TikTok, Meta's, Zach Rausch Organizations: Australian, Facebook, Up Alliance, CNBC, Big Tech, NYU Stern School of Business, New York Times Locations: Australian
ET, the 10-year Treasury yield rose by more than four basis points to 4.3550%. The yield on the 2-year Treasury — which is the most sensitive to interest rate expectations — rose by more than six basis points to 4.3149%. U.S. Treasury yields jumped on Tuesday as investors continued to digest what President-elect Donald Trump's election win could mean for interest rates, and awaited key economic data — including inflation — later this week. It comes after the Federal Reserve cut interest rates for a second consecutive time last week, by 25 basis points to a target range of 4.50%-4.75%. Federal Reserve officials including Richmond Federal Reserve President Thomas Barkin and Federal Reserve board governor Christopher Waller will also speak on Tuesday.
Persons: Donald Trump's, Thomas Barkin, Christopher Waller Organizations: Treasury, U.S, Federal Reserve, Traders, Federal, Richmond Federal, FactSet
The 10-year Treasury yield fell by less than one basis point to 4.3062%. The October CPI is expected to rise 0.2% on a monthly basis and to have risen 2.5% on a yearly basis, according to economists polled by FactSet. Core inflation is expected to remain steady at 0.3% and 3.3% on a monthly and yearly basis, respectively. Meanwhile, the October PPI is expected to have risen by 0.3% last month and 2.3% on a yearly basis. Last week, Fed officials lowered interest rates by 25 basis points to a target range of 4.50%-4.75%.
Persons: Donald Trump's, Thomas Barkin, Jerome Powell Organizations: Treasury, U.S, FactSet, Federal Reserve, Richmond Federal, Traders, Fed Locations: U.S
studioEAST | Getty ImagesSome LinkedIn users have reported receiving unsolicited flirtatious messages via the platform, with expert Bernie Hogan at the Oxford Internet Institute saying the employment-focused social website is increasingly being used for dating purposes. "It's just a gross feeling ... it's gross, it's unprofessional," Huddy told CNBC. "LinkedIn is not a workplace, it merely frames itself as a workplace," he told CNBC Make It. A recent Forbes Health Survey of 1,000 Americans who have used dating apps in the past year found that 78% felt fatigued emotionally, mentally, or physically by dating apps sometimes, often, or always. "So LinkedIn has effectively created a dating site without dating," Hogan added.
Persons: Bernie Hogan, Blair Huddy, Huddy, She's, Shriya, DatingNews.com, Hogan, Courtney Boyer, Boyer, Sasha Dutta, Dutta, Oscar Wong Organizations: Getty, Oxford Internet Institute, Hudson Davis Communications, CNBC, LinkedIn, Microsoft, Facebook, Forbes Health Survey Locations: studioEAST, Los Angeles, U.S, Central Florida, Asian
One basis point is equivalent to 0.01%. ET the 10-year Treasury yield was down by less than one basis point to 4.3029%. The yield on the 2-year Treasury was also less than one basis points lower at 4.1681%. U.S. Treasury yields were little changed on Tuesday as investors readied themselves for the presidential election. The U.S. will head to the polls on Tuesday for the hotly anticipated presidential election.
Persons: Kamala Harris, Donald Trump, Dow Jones Organizations: Treasury, U.S, NBC, PMI, Census, Federal Reserve, Traders Locations: U.S, Washington
The yield on 10-year Treasury was last down by over six basis points, hovering around the 4.3% mark. The yield on the 2-year Treasury was last down by more than three basis points to 4.1661%. U.S. Treasury yields were lower on Monday as investors braced for a busy week which will see voters head to the polls for the U.S. presidential election and the Federal Reserve's next interest rate decision. Investors are also focused on the Fed's interest rate decision at the central bank's policy meeting on Thursday. Traders are were last pricing in a 99% chance of a quarter-point interest rate cut, according to CME Group's FedWatch tool.
Persons: Kamala Harris, Donald Trump, Jerome Powell Organizations: Treasury, U.S, Federal, U.S . House, NBC, PMI
One basis point is equal to 0.01%. ET, the 10-year Treasury yield was up less than one basis point at 4.1045%. The yield on the 2-year Treasury yield ticked lower by one basis point to 3.9758%. U.S. Treasury yields held steady on Friday as investors digested the previous day's economic data which signaled economic resilience. Comments are also expected from several Federal Reserve officials including Atlanta Fed President Raphael Bostic and Minneapolis Fed President Neel Kashkari.
Persons: Dow Jones, Raphael Bostic, Neel Kashkari Organizations: U.S, Treasury, Dow, Labor Department, Federal, Atlanta Fed, Minneapolis Fed, European Central Bank, European Union
Treasury yields rise as investors await key data
  + stars: | 2024-10-17 | by ( Sawdah Bhaimiya | ) www.cnbc.com   time to read: +1 min
ET, the 10-year Treasury yield was up by more than two basis points to 4.0415%. The 2-year Treasury yield was over one basis point higher to 3.9529%. U.S. Treasury yields were higher Thursday as investors weighed comments from Federal Reserve officials made throughout the week and awaited key economic data. Investors on Thursday looked to fresh key economic data which comes after the latest remarks from Fed officials about the potential path ahead for interest rates. The data comes after several Fed officials earlier this week hinted at further rate cuts to come.
Persons: Dow Jones, , Jeff Cox, Sophie Kiderlin Organizations: U.S, Treasury, Federal Reserve, European Central Bank Locations: U.S
Ayesha Ofori is a former Goldman Sachs wealth advisor who quit her high-profile job to resolve Britain's gender wealth gap, after realizing she had spent her career making rich men even richer. Ofori is the 40-year-old founder and CEO of female-focused financial investment platform, Propelle, which launched on Wednesday. Britain's gender investment gap currently stands at £567 billion — an increase of £54 billion between January 2023 and January 2024 — according to data from British financial research company Boring Money which surveyed over 6,000 adults in the U.K. It found that men have £1.01 trillion invested compared with £450 billion for women. The gender pensions gap refers to the differences in retirement income or retirement wealth between men and women.
Persons: Ayesha Ofori, Goldman Sachs, Propelle, Ofori, Stefan Bollinger, Julius Baer, Lucy Demery, Goldman, wasn't, I'd, isn't Organizations: Goldman, Vanguard, Blackrock, HSBC, Google, CNBC, Barclays, Ofori Locations: Prospect, British
He says that his remarkable success came with sacrifices like giving up on what he considered a healthy work-life balance. "I believe in working extremely hard … I absolutely disagree with the idea of work-life balance," Armoo said in an interview with CNBC Make It. "There is a season where you say, 'I want to achieve this goal and I want to get different results to other people. I want to get extraordinary results.' The way you achieve those extraordinary results is by doing extraordinary things, which literally means doing things that are not ordinary," he said.
Persons: Timothy Armoo, Armoo Organizations: CNBC Locations: London
Some young people are splashing out on luxuries like travel and designer clothes instead of saving, in a trend that's being characterized as "doom spending" on social media. Doom spending is when a person mindlessly shops to self-soothe because they feel pessimistic about the economy and their future, according to Psychology Today. It's happening because young people are chronically online and feel like they're constantly receiving "bad news," she said. These young people are then translating these bad feelings into bad spending habits, Baeckström added. And Fernández said she's not alone in doom spending.
Persons: they're, Baeckström, Stefania Troncoso Fernández, spender, Fernández, she's, It's Organizations: King's Business, CNBC, Intuit, America Locations: Colombia
Gen Z is increasingly proving to be the entrepreneurial generation, with the majority wanting to set up their own business — but one expert warns it might not be as straightforward as they think. In contrast, just over a third of Gen X and Boomers said there were fewer opportunities to start their own businesses when they were young because of pressures to pursue traditional education and career paths. Gen X were born between 1965 and 1980, while baby boomers were born following World War II, between 1946 and 1964. "Gen Z is proving to be the most entrepreneurial generation yet, and it's no coincidence," Sam Jones, Dragon's Den star and founder of Gener8, said in the survey. "Instead, entrepreneurship appeals to Gen Z as it offers more control over their work and life, opportunities for innovation, and the potential to leverage their technological skills.
Persons: Z, , X, Gen X, Sam Jones, Dragon's, Gener8, they've, They're, , Dan Schawbel, Alexis Firment, they're, Schawbel, Gen Organizations: Santander UK, Boomers, Workplace Intelligence, CNBC Locations: Ohio
Timothy Armoo, a co-founder and former CEO of influencer marketing firm Fanbytes, is not what you might expect from a multi-millionaire. Armoo made his money selling Fanbytes to digital marketing agency Brainlabs in May 2022 for an eight-figure sum (the exact amount has not been made public). But the young entrepreneur told CNBC Make It that he felt "almost too crippled to spend the money" after growing up poor in public housing in south London. "I would track it every week, maybe twice a week," he said. "I said: 'I would like to come and take out a million pounds in cash.'"
Persons: Timothy Armoo, Armoo Organizations: Brainlabs, CNBC Locations: Africa, London
Smartphone Free Childhood, a recently founded U.K. organization is aimed at uniting parents who are not giving their kids smartphones. Organize with other parentsBeing the only parent refusing to give your child a smartphone can be isolating for both you and your kid, Rausch said. "The class parents, as a collective, agreed that they would postpone giving their kids cell phones until they entered middle school. Start the conversation earlyPike and Rausch advise starting the conversation around smartphones from childhood so that your child isn't surprised later on. Pike said that even making a habit of giving a bored child a smartphone as entertainment can become a major issue down the line.
Persons: Kathleen Pike, Columbia's Pike, Zach Rausch, Jonathon Haidt's, Rausch, Johnny, Pike, we've, it's, isn't, Melanie Hempe, you've, They're Organizations: Columbia University Irving Medical Center, CNBC, New York University Stern School of Business, New York Times Locations: U.S
Some 74% of girls who received their first smartphone at age six said they felt distressed or were struggling, the study found. This decreased to 52% for those who got their first smartphone at age 15. Meanwhile, 42% of boys who got their first smartphone at age 6 experienced feeling distressed or struggling, and this reduced to 36% for those who received a smartphone at age 18. "Social media, we suggest delaying until 16, so a little older." Some academics and scientists remain unconvinced of a causal link between smartphones and poor mental health, however.
Persons: Zach Rausch, Jonathon Haidt's, Rausch, Christopher Ferguson Organizations: Research, New York University Stern School of Business, New York Times, CNBC Locations: preteens, U.S
Ambani is the youngest son of billionaire Mukesh Ambani, chairman of Indian conglomerate Reliance Industries. This was followed by a luxury cruise across the Mediterranean and yet more celebrations in July ahead of the big day. But a beautiful wedding doesn't need to be expensive and there are ways to put on a spectacular show with a much smaller budget, according to Manwani and Suglani. Couple Vanessa Acosta and Sam Roberts went even further, hosting their wedding in their own backyard on a budget of $3,000. So, then you're going to get the best suppliers, you're going to get the venue that you want at a reasonable price without paying the premiums."
Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Ashish Vaishnav, Ambani, Mark Zuckerberg, Shah Rukh Khan, Karishma, Priya Suglani, Suglani, you've, Manwani, they're, Vanessa Acosta, Sam Roberts, Acosta, nobody's Organizations: Getty, Reliance Industries, CNBC, Suppliers Locations: MUMBAI, MAHARASHTRA, INDIA, Mumbai, Jamnagar, Indian, Gujarat, London
(L to R) Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani and Akash Ambani pose for the media during a photo opportunity at the red carpet ceremony to celebrate the engagement of Anant and Radhika at Ambani's Antilia residence in Mumbai, India, on Jan. 19, 2023. Mukesh Ambani is the billionaire chairman of Indian conglomerate Reliance Industries, and his youngest son Anant Ambani is marrying Radhika Merchant, the daughter of Viren Merchant, owner of Encore Healthcare. The billionaire family have spotlighted the glitz and glamour of Indian weddings on the world stage, and piqued people's curiosity about why weddings are such a big affair in Indian culture. Additionally, Indian weddings appear to be really spectacular because Indians tend to have big families, various religious and cultural events, and colorful attire and jewelry, according to Karishma Manwani, a London-based luxury wedding planner for Indian weddings. Manwani and Suglani explained the culture and tradition underpinning big Indian weddings.
Persons: Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani, Akash Ambani, Anant, Radhika, Ambani's, Viren Merchant, Mark Zuckerberg, Shah Rukh Khan, Rihanna, Justin Bieber, Priya Suglani, Karishma, Manwani, Suglani Organizations: Reliance Industries, Encore Healthcare, BBC, London, CNBC, shimmer Locations: Mumbai, India, Jamnagar, Gujarat, London
Nischa ShahPersonal finance YouTuber Nischa Shah quit her six-figure investment banking job to become a full-time content creator — and it was a gamble that paid off. Shah started dabbling with making YouTube videos about personal finance and self-development in December 2021 — and now has over 1 million subscribers on YouTube. This success led her to quit her investment banking job in January — despite the fact she was due to receive a six-figure bonus two months later. Shah is now earning over $1 million by monetizing her YouTube videos, selling courses and products, doing corporate talks, and partnering with brands. Shah walked CNBC Make It through how she grew her YouTube channel and prepared to quit her investment banking job.
Persons: Nischa Shah, YouTuber Nischa Shah, Shah, it's, , It's Organizations: Crédit Agricole, CNBC, YouTube Locations: London,
Gen Z is tired of dating apps and would prefer meeting people in real life, but the tech-savvy generation isn't as experienced with navigating romance in person. Dating apps have been losing their appeal amongst singles in recent years, especially Gen Z, the generation born between 1997 and 2012. "It feels like signing up for dating apps makes tech boys and Silicon Valley investors richer," Guenther told CNBC Make It in an interview. It's a vulnerable thing to be in real life and go up and approach somebody or ask somebody on a date," Guenther said. Guenther and Courtney Boyer, a relationship and sexuality expert, shared four top tips for Gen Z to meet people in real life.
Persons: Jeff Guenther, Guenther, it's, Gen Z, Zers, Eventbrite, haven't, Courtney Boyer Organizations: CNBC, iPhones Locations: U.S, Silicon
Phobias come in many forms: Some people fear spiders while others fear flying on a plane. But the one thing they all have in common is that they're irrational, according to one phobia specialist. This trigger is handy when we were fighting saber-toothed tigers or if we were in actual danger, Jones said. "Human beings do the same thing," Jones explained. He shared his three top tips to overcome any fear with CNBC Make It.
Persons: Christopher Paul Jones, Jones, Ivan Pavlov Organizations: CNBC Locations: London, Russian
Caspar Lee advised young people who want to be content creators to do YouTube for fun rather than focusing on making money because the chances of financial success are low. Lee previously told CNBC Make It that YouTubers with millions of subscribers can make millions of dollars, typically by joining YouTube's Partner Program. Nearly half of creators earned an annual income of $15,000 or less in 2023, according to a survey of over 2,000 content creators by influencer marketing agency NeoReach. Lee encourages aspiring YouTubers to find a way to be successful without relying on followers or fame. Since his YouTube days, Lee has co-founded several companies in the creator economy including the influencer marketing company Influencer.com and a venture capital fund called Creator Ventures.
Persons: Caspar Lee, Lee, it's, that's, Goldman Sachs, YouTubers Organizations: CNBC, YouTube's, NeoReach, Ventures Locations: British
Gen Z is struggling to find love amid various dating challenges, and it's largely because dating apps have made them too picky, according to one relationship therapist. Gen Z generally refers to the generation born between 1997 and 2012. "When we're on dating apps, the way that we can filter people is not conducive to actually finding someone who's a really good match." "Dating apps have forced us to prioritize things that don't actually matter in relationships," Guenther explained. The illusion of choice on dating apps means Gen Z is rejecting people over inconsequential details.
Persons: Z, Jeff Guenther, Jeff, Guenther, Gen, they're, they'll, Gen Zers, Gen Z, there's, " Guenther Organizations: CNBC, The
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