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WASHINGTON — The Senate voted overwhelmingly Wednesday night to reject three efforts led by progressive Sen. Bernie Sanders that would have blocked certain offensive weapons sales to Israel. In a speech on the Senate floor ahead of the vote, Sanders argued that the resolutions "would not affect any of the systems Israel uses to defend itself from incoming attacks," focusing instead on offensive weapons. "As I have said many, many times: Israel had the absolute right to respond to that horrific Hamas attack, as any other country would. I don’t think anybody here in the United States Senate disagrees with that," he said in his floor speech. More than 43,000 Palestinians have been killed in Israel’s offensive into the dense enclave since the attack, according to health officials in Gaza.

Persons: WASHINGTON, Sen, Bernie Sanders, Sanders, Benjamin Netanyahu, Ed Markey, Netanyahu, Martin Heinrich, Tammy Baldwin, “, Catherine Cortez Masto, ” Sen, Jacky Rosen, ”, Joni Ernst, Bill Cassidy, Israel’s Organizations: U.S, United States, Hamas, Democrats, Biden Locations: Israel, Gaza, U.S, United States, D, Iowa

☆ Matthew McConaughey got so tired of playing the 'romcom dude' that he moved to Texas and rejected a $14.5 million role
▼ + stars: | 2024-11-21 | by ( Erin Liam | ) www.businessinsider.com time to read: +3 min

The "Interstellar" actor rejected a $14.5 million role to star in an action comedy. In Wednesday's episode of "Good Trouble" with Nick Kyrgios, McConaughey, 55, said that saying "no" is more important than saying "yes." That was my lane, and I liked that lane, that lane paid well, and it was working," he said. The offer was originally at $8 million, but McConaughey rejected it. Warren Buffett, the CEO of Berkshire Hathaway, has been quoted as saying, "The difference between successful people and really successful people is that really successful people say no to almost everything."

Persons: Matthew McConaughey didn't, Matthew McConaughey, Nick Kyrgios, McConaughey, Joe, who's, Paul Reiser, Warren Buffett, Berkshire Hathaway, Sam Altman Organizations: Dallas Buyers, Business, Berkshire, Stanford University, OpenAI's, Business Insider Locations: romcoms, Texas, California, Hollywood

☆ Lauren Sánchez, 54, says she used to think life would be 'over at 50' as a woman
▼ + stars: | 2024-11-21 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

AdvertisementLauren Sánchez, 54, says she never expected to have so much to look forward to in life after turning 50. "When I was 20, I thought, 'Oh my gosh, life is over at 50,'" she said on the "Today" show. Apart from her wedding to Jeff Bezos, Sánchez also has a space flight to look forward to. "When I was 20, I thought, 'Oh my gosh, life is over at 50.' AdvertisementIn addition to her wedding, Sánchez also has a flight to space to look forward to, although it is unclear when the trip will happen.

Persons: Lauren Sánchez, Jeff Bezos, Sánchez, Hoda, Savannah Guthrie, I'd, Bezos, MacKenzie Scott, Sanchez, I'm, Magellan, Jacques Cousteau, Anne Hathaway, We're, Oprah Winfrey, Winfrey Organizations: Amazon, Business Locations: Savannah

Voters in California have narrowly rejected a ballot measure that would have gradually increased the minimum wage in the state to $18 per hour, NBC News projected Wednesday. It’s the first time a ballot measure proposing to raise the statewide minimum wage has failed nationwide since 1996. Some cities within New York also implement a minimum wage of $16 per hour, while Washington state’s minimum wage is $16.26 per hour. The defeat is the first time in 28 years that a ballot measure to increase a state minimum wage was defeated. Meanwhile, ballot measures in two other states to increase the minimum wage overwhelmingly passed this month.

Persons: It’s, “ CalChamber, Jennifer Barrera, Gavin Newsom, Newsom Organizations: NBC News, U.S, California Chamber of Commerce, Democratic Gov, Washington, Voters, NBC Locations: California, New York, Missouri, Montana, Alaska

☆ I didn't want kids, but being a stepmom is the best of both worlds
▼ + stars: | 2024-11-20 | by ( Nikki Carter-Ferry | ) www.businessinsider.com time to read: +5 min

When I met my husband, he had a daughter already, and I was surprised by my connection to her. I officially became a stepmom, and — though I told my husband I didn't want to be expected to do hands-on parenting if I didn't want to — I embraced my new role. Being a stepmom is the best of both worldsNot long ago, Davey and I questioned whether we should expand our family. Yet I can't deny that as much as I love our family, I also love the built-in breaks that come with split custody. I am a stepmom — a bonus parent, but still a parent, and a role that feels right for me.

Persons: It's, I've, Davey, didn't, I'm

Limited benefits Insider’s Take The VentureOne Rewards Card is a slimmed-down version of the popular Capital One Venture Rewards Credit Card. Bank of America Travel Rewards Card ReviewCapital One VentureOne Credit Card Pros and ConsAdvantages of the Capital One VentureOne Credit CardThe VentureOne Rewards Card comes with several significant advantages, making it an attractive choice for those seeking a straightforward rewards program. Capital One VentureOne Card Frequently Asked QuestionsWhat makes Capital One VentureOne Credit Card stand out? No, unlike the Capital One Venture Rewards Credit Card and Capital One Venture X Rewards Credit Card, the Capital One VentureOne Rewards Credit Card is not metal. Why You Should Trust Us: How We Reviewed the Capital One VentureOne Credit CardOur credit cards team reviewed the VentureOne Rewards Card in comparison to similar no-annual-fee travel credit cards.

Persons: Miles, LifeMiles, Smiles, Red, Wyndham, Chase, rideshares, cardholders, you've, haven't, It's, Gabriel Vito Gabriel Vito, Gabriel, Education Gabriel, ExperienceExpertiseEducation Read, Angela Fung, Read Organizations: Business, Capital, PayPal, Capital One Entertainment, Aeromexico Club, Air Canada, Air France, KLM, Blue, British Airways Executive Club, Cathay, Emirates, Etihad, Qantas Frequent, TAP Air Portugal Miles, Turkish Airlines Miles, Wyndham Rewards, Star Alliance, U.S, Chase, Unlimited, Card, Bank of America, The Bank of America, Social, Forbes, CNN, University of California, Banking, Education, The University of California, Finance Locations: Cathay Pacific Asia, Singapore, Europe, Asia, Riverside

☆ Patrick Schwarzenegger says the upcoming third season of 'The White Lotus' is 'insane'
▼ + stars: | 2024-11-20 | by ( Olivia Singh | ) www.businessinsider.com time to read: +2 min

AdvertisementPatrick Schwarzenegger spoke to Business Insider about season three of "The White Lotus." Patrick Schwarzenegger can sum up season three of "The White Lotus" in one succinct phrase: "Absolutely fucking insane." Season one was set in Hawaii, while season two took place in Sicily, Italy. Details remain under wraps, but the cast includes Schwarzenegger, "Fallout" actor Walton Goggins, Blackpink member Lisa, and returning "White Lotus" star Natasha Rothwell. While fans eagerly await more crumbs of information about season three of "The White Lotus," Schwarzenegger is looking forward to spending time with his friends and family — and enjoying an espresso martini or two.

Persons: Patrick Schwarzenegger, Schwarzenegger, Mike White's, Walton Goggins, Lisa, Natasha Rothwell, who's, Goggins, Ketel Organizations: HBO, Ketel Locations: Thailand, Hawaii, Sicily, Italy

☆ Jaguar debuts its new branding in a video — and it's missing one thing: cars. It's getting roasted by some online.
▼ + stars: | 2024-11-20 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +5 min

And some conservative personalities are calling out the company's new video ad for being too "woke." But that "exuberant modernism," particularly in the company's video ad, is being mocked by some people online. AdvertisementJaguar's new video ad features models in colorful, modern clothing, and doesn't show any cars. (Current Jaguar models left in their inventories will be sold as pre-owned, a company spokesperson previously told Business Insider.) Jaguar's new brand strategy was created by its own in-house design team, not an external agency, according to the UK's Creative Review.

Persons: Tesla's Elon, Tesla's Elon Musk, Gerry McGovern, Elon Musk, Musk, India's Tata, Ian Miles Cheong, Nick Freitas, Bud Light, Bud, Kevin Dahlstrom, it's, Martin Brundle, who's, they're Organizations: Jaguar, Rover, India's, India's Tata Motors, Conservative, Republican, Delegates Locations: Miami, EVs, Virginia

☆ Trump’s Commerce secretary pick backas a crypto company that can’t seem to stay out of trouble
▼ + stars: | 2024-11-20 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

It is effectively an unregulated, offshore bank that’s become a tent pole of the $3 trillion crypto industry. The tether token is known as a stablecoin, a kind of crypto that was created to hold its value steady while others, like bitcoin and ether, swing wildly minute to minute. The company is now one of the biggest players in crypto, with a daily trading volume that eclipses even bitcoin, the world’s most popular token. Tether told the WSJ in a statement that any suggestion it was involved in criminal activity was “outrageous” and that the company works actively with law enforcement to combat illicit activity. But Lutnick, a Bitcoin enthusiast whose Wall Street firm manages Tether’s stockpile of Treasury bills, has eagerly defended the stablecoin issuer.

Persons: New York CNN — Howard Lutnick, Cantor Fitzgerald, who’s, they’re, Brock Pierce, “, Giancarlo Devasini, “ There’s, we’ve, ” Lutnick, Donald Trump’s, —, didn’t, Lutnick, Gary Gensler, ” Faryar Shirzad, “ It’s, ” Organizations: New, New York CNN, US Commerce Department, Ducks, Street, Manhattan US, Treasury Department, Bloomberg, Economic, Commerce Department —, Treasury, Securities and Exchange Locations: New York, Russian, Davos, United States, bitcoin

☆ Matthew McConaughey talks relocating to Texas to escape being the ‘rom-com dude’
▼ + stars: | 2024-11-20 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Matthew McConaughey is a native of Texas, but that’s not the only reason he and his family now reside there. During a recent appearance on the “Good Trouble” podcast, the Oscar-winning actor spoke with tennis pro Nick Kyrgios about his life and career. One thing he learned, McConaughey said, was the importance of saying no. Hollywood said no, no, no, no, you should stay there, stay there.”The “Magic Mike” star said “since I couldn’t do what I wanted to do, I stopped doing what I was doing.”“I moved down to the ranch in Texas,” McConaughey said. It paid off for McConaughey, who went on to nab more serious roles like his work in “Dallas Buyers Club” for which he won a best actor Academy Award in 2014.

Persons: Matthew McConaughey, that’s, Oscar, Nick Kyrgios, McConaughey, ”, “, ” McConaughey, Hollywood, Mike ”, ” “, Camila Alves McConaughey, ‘ I’m Organizations: CNN, nab, Dallas Buyers Locations: Texas

☆ Diddy may ask a judge to drop his sex trafficking case because the Bureau of Prisons took pictures of his to-do list
▼ + stars: | 2024-11-20 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Photos of Combs' handwritten to-do list should never have been given to prosecutors, a lawyer said. "I think it's clear that this material is outside the defense defending a criminal case," the prosecutor told the judge of the to-do list excerpts. The filter team then extracted all attorney-client material before passing the remaining photographs along to the Combs prosecutors, Slavik told the judge. Combs is due back in court on Friday, when his defense team will make a third argument for bail. Prosecutors cannot refer to Combs' disputed to-do list tasks in opposing bail, the judge ordered.

Persons: Sean, Diddy, Combs, —, Marc Agnifilo, Arun Subramanian, Agnifilo, Christy Slavik, Slavik Organizations: of Prisons, News, US, Brooklyn's Metropolitan Detention Locations: Brooklyn, Manhattan, Brooklyn's

☆ What Trump's return to the White House could mean for global bond yields
▼ + stars: | 2024-11-20 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Bloomberg | Bloomberg | Getty ImagesDonald Trump's U.S. election victory has ratcheted up concerns about higher prices, prompting strategists to rethink the outlook for global bond yields and currencies. Trump's return to the White House is seen as likely to throw a wrench in the Federal Reserve's rate-cutting cycle, potentially keeping an upward bias on Treasury yields. Bond yields tend to rise when market participants expect higher prices or a growing budget deficit. "Trump's election advances both possibilities as a trade war and increased fiscal spending work at cross purposes," he added. Germany's 10-year bond yield, the benchmark for the euro zone, stood at 2.337% on Wednesday, marginally lower for the session.

Persons: Donald Trump, Donald Trump's, Alim Remtulla, Remtulla, Kamala Harris, there's, Trump, There's, Shannon Kirwin, Kirwin, Sameer Goel, CNBC's, doesn't, Goel, MUFG Organizations: Bloomberg, Getty, EFG, Fed, CNBC, Treasury, Democratic, New York Stock Exchange, China News Service, Morningstar, European Union, Deutsche Bank, Trump, U.S, U.S ., Singapore, Malaysian, South Korean, ING Locations: Greensboro , North Carolina, Europe, United States, New York City, U.S, Mexico, Asia, China

☆ Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
▼ + stars: | 2024-11-20 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday. The report also found that OpenAI ceded market share in enterprise AI, declining from 50% to 34%. Anthropic doubled its market share from 12% to 24%. Although OpenAI and Anthropic dominated companies' AI model use, he said, people are "juggling models" and that habit is "not a well-understood piece of data." Meta 's market share stayed at 16% and Cohere's share remained at 3%.

Persons: Anthropic, OpenAI, Tim Tully, Claude, Tully, that's, Mistral's, Google's, Anthropic's Claude, —, chatbots Organizations: Menlo Ventures, Menlo, CNBC, Google, Microsoft Locations: Anthropic

☆ Morgan Stanley lets employees pitch AI uses. Here's how the firm puts those ideas into practice.
▼ + stars: | 2024-11-20 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

McMillan encourages employees to pitch new AI solutions. AdvertisementAs part of his role, McMillan co-chairs an AI steering group formalized earlier this year, with Global Director of Research Katy Huberty. Related storiesInside the 8-step processAlthough pitching AI solutions is open to anyone at the firm, there is some leg work involved. AdvertisementThe AI steering group meets every other week to listen to the pitches, usually going through five or six proposals. Every other week, the AI steering committee meets to review the status of these projects.

Persons: Jeff McMillan, Morgan Stanley's, Morgan Stanley, McMillan, who's, he's, Research Katy Huberty, AskResearch, you've Organizations: ChatGPT, Global, Research, Workers

☆ Billy Bob Thornton on His Movie & TV Roles: 'Friday Night Lights,' 'Landman'
▼ + stars: | 2024-11-20 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +12 min

But for his latest role starring in the Paramount+ drama "Landman," Thornton was tasked with a new, unique challenge: playing a version of himself. On ad-libbing his famous 'Friday Night Lights' speechThornton in "Friday Night Lights." Universal Pictures2004's "Friday Night Lights" is a beloved sports movie, and a big reason for that is the locker room speech your character, Coach Gary Caines, delivers. AdvertisementIn the pilot episode of "Landman," you film a scene at the high school football stadium in Odessa, Texas, where you filmed "Friday Night Lights." I ran into extras who were the children of extras on "Friday Night Lights."

Persons: Billy Bob Thornton, Thornton, Taylor Sheridan, it's, Tommy Norris, Norris, Tommy, Angela, Ali Larter, Monty, Jon Hamm, Billy Bob, Billy McBride, there's, Billy Wilder, Kurt Russell Bill Paxton, Stanley Donen's, Dan Aykroyd, Donna, Dan, Dudley Moore, Debbie Reynolds, Sammy Cahn, Sinatra, Stanley Donen, Bill Paxton, Bill, Rick Rossovich, Jeff Fahey, Kurt Russell, Kurt, Harvey Weinstein, Matt Damon, Penélope Cruz, Oscar, It's, Weinstein, Harvey, Matt, Damon, Cruz, Henry, Thomas, Lucas Black, Jayne Mansfield's, Gary Caines, Jerry Jones, Pete Berg, Boobie Miles Organizations: Paramount, Sporting, Bel Air, Columbia, Getty, Miramax Films, Sony, Miramax, Universal, Cowboys Locations: Fargo, West Texas, Mexican, Bel, Hollywood, Austrian, Fort Worth, Hot Springs, Odessa , Texas

☆ Susan Smith, who drowned her two children 30 years ago, is up for parole
▼ + stars: | 2024-11-19 | by ( Juliette Arcodia | ) www.nbcnews.com time to read: +5 min

COLUMBIA, S.C. — Susan Smith, who shocked the nation 30 years ago when she rolled her car into a lake with her two children inside and watched them drown, will ask a parole board Wednesday to release her from prison. Almost 30 years ago to the day, Susan Smith made international headlines when she said she was carjacked late at night near Union, South Carolina, by a Black man. Smith, now 53, has had an eventful three decades behind bars in South Carolina, including multiple disciplinary actions. As of Monday, 471 people had written to the South Carolina Department of Probation, Parole and Pardon Services regarding Smith's hearing. Former lead prosecutor and current South Carolina State Rep. Tommy Pope is also expected to speak in opposition.

Persons: — Susan Smith, Smith, Susan Smith, Michael, Alex, David Smith, it’s, Houston Cagle, Alfred R, Rowe Jr, Smith “, “, Willie Rice, Rice, Tommy Pope, Pope, NewsNation, she’s Organizations: COLUMBIA, TV, Women’s Correctional, South Carolina Department of Corrections, State, South Carolina Department of Probation, South Carolina State Rep Locations: Union , South Carolina, South Carolina, Richland County

WASHINGTON — Rep. Nancy Mace, R-S.C., said Tuesday that her effort to ban transgender women from using female bathrooms at the U.S. Capitol is a direct response to the election of Sarah McBride, who is set to be the first openly transgender person in Congress. Mace introduced a resolution Monday to prohibit any lawmakers and House employees from “using single-sex facilities other than those corresponding to their biological sex." She was asked by reporters Tuesday if the move was in response to McBride. Mace said she would like to see her resolution incorporated into the House Rules package for the next Congress. House Speaker Mike Johnson, R-La., said Tuesday that Republicans are trying to resolve the issue but that they will make accommodations for McBride.

Persons: Nancy Mace, Sarah McBride, Mace, McBride, she's, McBride's, Andrew Harnik, Marjorie Taylor Greene, “ doesn’t, ” Greene, she’d, Mike Johnson, we’ll, ” Organizations: WASHINGTON — Rep, U.S . Capitol, U.S, Capitol, Getty

☆ Bluesky has 'the juice' — but it still doesn't have the normies
▼ + stars: | 2024-11-19 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

There's a hero we need: Pop Crave. Bluesky has seen explosive growth in the last few weeks — hitting 20 million users. What Bluesky has right now is a ton of new users, mostly of a certain type — the brainiac set. However, there is a Pop Base account — a competitor to Pop Crave. Pop Base confirmed to me that they're on Bluesky — they said they joined in 2022 but only started posting regularly in the last few weeks.

Persons: it's, Bluesky, Elon Musk's, Donald Trump, — brainiacs, Max Read, Sabrina Carpenter stan, —, Olivia Rodrigo Organizations: Twitter, Pop Base Locations: Bushwick, Brooklyn, Manhattan, Forest Hills, Queens

But few deals have made me do a double take quite like this absolutely incredible price on Hisense's 100-inch U76N 4K TV. Simply put, I've never seen a 100-inch TV this good for under $2,000. The best Black Friday Hisense 100-inch U76N 4K TV dealHisense 100-inch U76N QLED 4K TV $1,798.00 $2,997.99 Save 40% This 100-inch TV is a whopping size that will allow you to catch every inch of every game. View at Amazon What we like Check mark icon A check mark. For more display recommendations available in various sizes, check out our guides to the best TVs, best 4K TVs, and best smart TVs.

Persons: I've Organizations: Business, Black

☆ Putin lowered Russia's threshold for a nuclear attack after Ukraine got approval for deeper strikes
▼ + stars: | 2024-11-19 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

AdvertisementPutin on Tuesday signed major changes to Russia's nuclear doctrine. The Kremlin said the changes were directed at Ukraine's ability to use US-supplied weapons in strikes on Russia. President Vladimir Putin approved an update to Russia's nuclear doctrine, widening the scenarios in which it would consider a strike. They build on a series of nuclear threats Putin has issued since the beginning of the full-scale war in Ukraine, though none have come to pass. The new doctrine also expands the circumstances for the potential use of nuclear weapons.

Persons: Putin, Biden, Vladimir Putin, Sitara Noor, Dmitry Peskov, Volodymyr Zelenskyy, Joe Biden, Alexander Gabuev, Donald Trump's, Sinéad Baker Organizations: Kremlin, Lowy Institute, Carnegie Russia Eurasia Center, NATO Locations: Russia, Ukraine, Kyiv

☆ Nicole Kidman debunks that alleged Tom Cruise divorce celebration meme
▼ + stars: | 2024-11-19 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Australian actress Nicole Kidman has debunked the widely held theory that one of her most famous memes features the moment she finalized her divorce from Tom Cruise. I know that image.”British GQ then puts the theory to Kidman that she had just come out of her lawyer’s office after finalizing her divorce from Cruise. “That’s not true,” she said, reportedly laughing, before going on to reveal the story behind another famous meme of her. “I’ve also seen the one where I’m clapping like that,” she said, clapping using only her palms with her fingers stretching backwards. I get to work with the most extraordinary people in the world, and share ideas and philosophies and be changed.

Persons: Nicole Kidman, Tom Cruise, ”, Kidman, Cruise, “ That’s, “ I’ve, “, It’s, ” Kidman Organizations: CNN, British GQ, Hollywood Locations: Australian, British

☆ We got engaged, and then decided marriage isn't for us. We're staying together the Goldie Hawn-and-Kurt Russell way.
▼ + stars: | 2024-11-19 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

A few years into being engaged, they decided against marriage but stayed together. Uthe, an entrepreneur, said the risk of divorce made her worried about the future of her business. While we both respect marriage, we ultimately decided it wasn't for us. It's made us firmer in our decision to stay together without marriage; we don't believe in pushing ourselves toward something we don't want. AdvertisementWe tell people we're like Goldie Hawn and Kurt Russell, who have been together for 40 years but never married.

Persons: Adrienne Uthe, Eric, Bumble, I've, who's, doesn't, we've, It's, Goldie Hawn, Kurt Russell, I'm Locations: Salt Lake City, Las Vegas, Utah

☆ Hiring platforms are making it harder to find a job, says HR tech founder: 'It's more soul-crushing than ever'
▼ + stars: | 2024-11-19 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Stross is the president and co-founder of Greenhouse, the hiring platform, and has seen a lot of tech and AI advancements in hiring since his business launched in 2012. And so you feel pressure that if you're not applying to tons of jobs, you're falling behind." New tech can enable bad hiring practicesAnother issue is that businesses are leveraging hiring tech to post more job openings, even if they're not for roles they're actively hiring for. Another strategy: Reach out to first- or second-degree LinkedIn connections at companies you're actively applying to. Hiring tech can limit bad actors and highlight positive experiences

Persons: Jon Stross, he's, isn't, Stross, Greenhouse, they're Organizations: Greenhouse, CNBC

However, there are consequences for failing to file a tax return that you should be aware of. Why filing taxes is importantLegal obligationsFirst things first: Do you even need to file a tax return? However, you are required to file a tax return if you have $400 or more in net self-employment income. FAQs on what happens if you don't file taxesHow long can I go without filing taxes? If you don't file a tax return and don't owe any taxes, you have up to three years to claim any refund that might be due.

Persons: David Beck, Beck, filers, TurboTax, you'll, It's, it'll, there's, There's, haven't, Morgan, Tanza, Read Organizations: Free, NEC, TurboTax, Budget, Social Security, State, IRS, Levy, Railroad, Board, Military, garnishment, Chevron, Finance, Morgan Stanley Wealth Management, Fidelity, BI, Elon University Locations: U.S, Dix Hills, NY, TheStreet

☆ Bitcoin has smashed records. Should you invest?
▼ + stars: | 2024-11-19 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

CNN —In the first quarter of this year, the price of bitcoin broke records in the wake of approval by the Securities and Exchange Commission for the first exchange-traded spot bitcoin funds. But in the past few years, education about crypto assets has been made more available to professionals. While it’s called a currency — and in some instances can be used like money — bitcoin is not legal tender in the United States or most other countries. He advises his clients who insist on exposure to limit their portfolio allocation to bitcoin to no more than 5%. Using a bitcoin ETF for exposure is the easiest option for most individuals who are not dedicated crypto investing experts.

Persons: bitcoin, Donald Trump’s, Michael Saylor, ”, Paul Brahim, Satoshi Nakamoto —, it’s, “, Trent Porter, Mike Turi, don’t, ” Turi, Matt, Elliott, Porter, Trump, you’ll, they’ve, ” Porter Organizations: CNN, Securities and Exchange Commission, CNBC, Financial, Association, SEC, Morningstar Locations: bitcoin, Bitcoin, United States

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