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☆ Britain’s 'mini-budget' disaster should serve as a warning to the U.S., bond strategists say
▼ + stars: | 2024-11-21 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Bloomberg | Bloomberg | Getty ImagesFears are mounting that the U.S. could soon experience its own version of Britain's "mini-budget" crisis, with bond strategists warning that Donald Trump's return to the White House brings with it the specter of currency volatility and surging bond yields. The former president's economic agenda has ratcheted up concerns about a surge in consumer prices, which strategists say could spark significant shifts in bond yields and investor behavior. They warn a scenario that mirrors Britain's mini-budget crisis of 2022 is not out of the question. watch nowBritain's mini-budget crisis refers to a tumultuous period under former Prime Minister Liz Truss and ex-Finance Minister Kwasi Kwarteng. Bond yields tend to rise when market participants expect higher consumer prices or a growing budget deficit.

Persons: Donald Trump, Donald Trump's, Trump, Remtulla, Liz Truss, Kwasi Kwarteng, Kwarteng, Althea Spinozzi, Trump's, Spinozzi, Angela Weiss, Paul Ashworth, Ashworth, Thierry Wizman, likelier, Wizman Organizations: Economic, of New, Bloomberg, Getty, EFG, CNBC, U.S ., Finance, U.S, Bank of England, Saxo Bank, White, Treasury, Traders, New York Stock Exchange, AFP, Capital Economics, Macquarie Group Locations: of New York, New York, U.S, Foreign, Treasurys, Treasuries, New York City, America

☆ Investment Committee Moves: EPAM, Paycom, Blackstone, Healthequity, Booz Allen, Leidos, and Vertiv
▼ + stars: | 2024-11-20 | 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 EmailInvestment Committee Moves: EPAM, Paycom, Blackstone, Healthequity, Booz Allen, Leidos, and VertivKaren Firestone and Steve Weiss join CNBC's 'Halftime Report' to detail their latest portfolio moves.

Persons: Booz Allen, Leidos, Vertiv Karen Firestone, Steve Weiss, CNBC's Organizations: Email Investment, Blackstone, Healthequity Locations: Paycom

☆ Wall Street awaits Nvidia's earning report for clues about the chip giant's future
▼ + stars: | 2024-11-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, all eyes are on Nvidia's earnings report after the bell and what it says about the chip giant's future. As the world's top provider of AI chips, demand for Blackwell is a bellwether for the industry's appetite for continued investment in AI. Reports of Blackwell chips overheating spooked the market earlier this week. AdvertisementIt's another cost companies investing in AI chips need to consider in addition to the energy required to fuel them, which has been a headache for tech giants . Barclays trimmed earning estimates next year by as much as 10% for some of the biggest buyers of AI chips, like Meta, Amazon, and Alphabet.

Persons: Jocko, we've, Getty, Tyler Le, It's, Matthew Fox, Blackwell, Jensen Huang, —, BI's Emma Cosgrove, There's, hasn't, Howard Lutnick ANGELA WEISS, Howard Lutnick, Cantor Fitzgerald, Julian Robertson, Tiger hasn't, Goldman, Vivek Bantwal, Goldman Sachs, Rebecca Zisser, Rob Kim, Arturo Holmes, Chelsea Jia Feng, Trump's, Elon, colluding, Gary Wang, Sam Bankman, Gina Raimondo, Antony Blinken, Bill Hwang, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Retired Navy, Nvidia, Blackwell, Barclays, Getty, Trump, New, Tiger Management, Partners, Companies, Alexa, Uber, Ticketmaster, Apple, Google, DOJ, International Network of AI, Archegos Capital Management Locations: New York, Silicon, San Francisco, Chicago, London

☆ New York City's Fifth Avenue has been dethroned as the world's most expensive shopping street — here's the new Top 10
▼ + stars: | 2024-11-20 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

AdvertisementMilan has dethroned New York City as home to the world's most expensive street in retail. Via Monte Napoleone boasts annual rents of $1,959 per square foot, per a new report. New York City's Fifth Avenue has been dethroned as the most expensive shopping street in the world, according to a new report from a global real estate firm. Milan's Via Monte Napoleone has taken the crown — marking the first time a European city has topped a list compiled by property consultancy Cushman & Wakefield. Here are the 10 most expensive shopping streets worldwide, according to Cushman & Wakefield.

Persons: Shou Zi Chew, Andreas Siebert, Gucci, Saint Laurent, Kering, it's Organizations: New, New York, Cushman & Wakefield, Cushman & Locations: Milan, New York City, Napoleone, New, Singapore, Tokyo, Paris, Zurich, Via Monte Napoleone, Blackstone, Cushman & Wakefield

☆ Trump expected to nominate Howard Lutnick for Commerce secretary: reports
▼ + stars: | 2024-11-19 | by ( Geoff Weiss | John L. Dorman | ) www.businessinsider.com time to read: +1 min

AdvertisementTrump is expected to nominate Howard Lutnick for Commerce secretary, according to the WSJ and CNN. Lutnick had previously been viewed as a frontrunner for the position of Treasury secretary. President-elect Donald Trump is expected to tap billionaire finance executive Howard Lutnick as his next Commerce secretary, according to the Wall Street Journal, CNN, and Axios. Commerce secretary will be a pivotal role in the Trump administration, given economic concerns played a key role in fueling Trump's victory. He's known Trump for decades, and has hosted fundraisers for the president-elect and appeared on TV as a surrogate.

Persons: Howard Lutnick, It's, Lutnick, Donald Trump, Linda McMahon, Trump, Cantor Fitzgerald, Elon Musk's Organizations: Trump, Commerce, WSJ, CNN, Wall Street Journal, WWE, World Trade Locations: New York, Commerce

☆ The stock market could be a $50 trillion guardrail on Trump
▼ + stars: | 2024-11-19 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

Yet there is another force that could deter Trump from some of his most extreme instincts: the $50 trillion US stock market. A view of the New York Stock Exchange on Wall Street on November 13 in New York City. A view of the New York Stock Exchange (NYSE) on Wall Street November 13, 2024, in New York City. Angela Weiss/AFP/Getty Images“There is zero chance that he will take personally any negative feedback from the stock market,” said Sonnenfeld. While the stock market initially celebrated the election results, the bond market did not.

Persons: Donald Trump, Gary Cohn, Trump, Jack Smith, CNN’s Kayla Tausche, ”, Isaac Boltansky, Angela Weiss, Jerome Powell, Trump’s, Xi Jinping, Ed Mills, Raymond James, Jeffrey Sonnenfeld, Alexander Hamilton, Chip Somodevilla, ” Lori Calvasina, it’s Organizations: New, New York CNN, Trump Republicans, Dow Jones, Federal, New York Stock Exchange, Getty, Trump, CNN, Yale, Leadership, Treasury, Fed, U.S . Department of Treasury, RBC Capital Markets Locations: New York, China, New York City, Argentina, Washington, “, Washington ,, recalibrate

☆ Meet the top 4 candidates Trump is considering for Secretary of the Treasury
▼ + stars: | 2024-11-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +8 min

AdvertisementLast week, Trump was said to be deciding between two leading candidates for Treasury Secretary. Here are the top picks Trump is reportedly now considering for Secretary of the Treasury. Kevin WarshKevin Warsh, center, is rising as one of the candidates for Trump's Treasury Secretary. AdvertisementMarc RowanMarc Rowan isn't said to be actively lobbying for Treasury Secretary, but his aides have reportedly been in touch with the Trump administration. Drew Angerer/Getty ImagesBessent, 62, was one of the original frontrunners for Trump's Treasury Secretary.

Persons: Trump, Kevin Warsh, Marc Rowan, Donald Trump, Robert F, Kennedy Jr, Florida Sen, Marco Rubio, Janet Yellen, he's, it's, Kevin Warsh Kevin Warsh, Tasos Katopodis, Warsh, Morgan Stanley, George W . Bush, Axios, Jerome Powell, Marc Rowan Marc Rowan isn't, PETER, Getty Images Rowan, Rowan, Rowan isn't, Howard Lutnick Howard Lutnick, ANGELA WEISS, Cantor Fitzgerald, Lutnick, Linda McMahon, He's, Vance, Elon Musk, Musk, Scott Bessent Scott Bessent, Drew Angerer, Bessent, George Soros, Soros, Breitbart, Kamala Harris, Joe Biden's, MAGA Organizations: Treasury, White, Department of Health, Human Services, State Department, Trump, Street, New York Times, Trump's, Federal Reserve Board, Getty Images, Apollo Global Management, Apollo, Times, Bloomberg, Madison, Garden, AFP Lutnick, WWE, Hamptons, Apple, World Trade, Key, Capital Management, Reuters Locations: Florida, America, Lago

☆ 3 tricks to focus at work when the world—or your life—is distracting you, according to a happiness expert
▼ + stars: | 2024-11-18 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Sometimes it feels impossible to focus at work. Give 'your body the chance to feel'To begin with, dedicate some time in the day to simply feel your feelings. Weiss recommends 15 to 20 minutes of worry time, anger, frustration — whatever you're feeling. 'Focus on the stuff that you can control'When you're actually working, Weiss recommends you "focus on the stuff that you can control," she says. Shifting your energy toward work you can control "reduces anxiety and it also increases how satisfied you are with your life," she says.

Persons: we're, Jessica Weiss, Weiss

☆ AWS hires former SAP and Microsoft executive as new marketing chief
▼ + stars: | 2024-11-18 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

AdvertisementAWS hired Julia White as its new chief marketing officer, replacing Raejeanne Skillern. Amazon Web Services has a new marketing chief. On Monday, AWS's CEO, Matt Garman, told employees that the company had hired Julia White, a former SAP and Microsoft executive, as its new chief marketing officer. Before that, she spent almost 20 years at Microsoft in various roles, including corporate vice president for the Azure cloud computing unit. The company recently added Colleen Aubrey, a former Amazon advertising executive, as a senior vice president of AWS Solutions, and Baskar Sridharan, an ex-Google Cloud vice president, as a vice president of AI/ML services.

Persons: Julia White, Raejeanne Skillern, White, Matt Garman, Einat Weiss White, Raejeanne, Skillern, Colleen Aubrey, Baskar, Adam Selipsky, Matt Wood, Garman, Julia, she's, Matt Organizations: SAP, Microsoft, AWS, Amazon, AWS Solutions, Google Cloud, Corporate

☆ Microsoft Copilot's underperformance is the latest red flag for investments in AI
▼ + stars: | 2024-11-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

The big storyA Copilot conundrumMicrosoft; Chelsea Jia Feng/BIMicrosoft's challenges with its flagship AI product could be another red flag for an industry with high hopes for the tech. Earlier this year, analysts at Barclays highlighted an under-the-radar risk to AI bets: the depreciation costs related to AI chips . A potential Trump trade plan beneficiary: US semiconductor jobs. If Trump's proposed trade plan is enacted, the American semiconductor industry could see hiring growth. Walmart might be just fine under Trump's proposed trade plan.

Persons: Copilot, Chelsea Jia Feng, Insider's Ashley Stewart, Satya Nadella didn't, doesn't, Ashley, It's, Sam Altman, Alistair Barr, Alyssa Powell, Jared Spataro, OpenAI, Biden, Carlyle, Will Matt Gaetz, Will Trump, Rob Arnott, Arnott, ANGELA WEISS, Trump's, Ilya Sutskever, Mira Murati, Rebecca Zisser, homebuyers, Trump, Bob Iger, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, New York.Milan Sehmbi Organizations: Business, Microsoft, Chelsea, Getty, Lumen Technologies, Barclays, Trump, Treasury, UFC, Republican, Getty Images, Elon, Spirit Airlines, JetBlue, Walmart, Walmart US, Shoppers, The Locations: Ukraine, Russia, Rio de Janeiro, New York, Chicago, London, New York.Milan

☆ 5 things we're watching in the stock market in the week ahead
▼ + stars: | 2024-11-17 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

October retail sales, released Friday morning, came in slightly ahead of expectations, indicating a 0.4% monthly increase, versus a 0.3% increase expected. Disney's reported strong earnings and its stock advanced more than 16% for the week as a result. In the week ahead, we will get earnings from three Club names, including the highly anticipated quarter from Nvidia, and a couple of housing market-related updates. The Street is looking for Nvidia sales of $33.1 billion in its fiscal Q3 and earnings of 75 cents per share. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Donald Trump, Friday's, Jerome Powell, Powell, That's, YTD We're, we're, Jensen, Trump, Nvidia's, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Dow, Nasdaq, Federal, Fed, Disney, Depot, Nvidia, TJX Companies, Home Goods, Blackwell, Palo Alto Networks, Home Depot, Stanley, Walmart, Viking Holdings, Sonoma, WSM, Baidu, PDD Holdings, Deere & Co, Warner Music Group, Intuit, Ross Stores, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Maxx, U.S, China, Palo, VIK, Williams, New York City

☆ Behind The Onion's bid for Alex Jones's Infowars — which is now on hold as a judge reviews it
▼ + stars: | 2024-11-16 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

AdvertisementThe Onion's bid for Infowars came together with help from Sandy Hook families. On the surface, The Onion's announcement that it had purchased Alex Jones's Infowars at auction on Thursday may have sounded like a bizarre joke. But behind the scenes, the bid came together through strategic coordination — with the support of Sandy Hook families and a nonprofit that is backed by Michael Bloomberg. "The sale is currently underway, pending standard processes," Collins told Variety Friday in a statement. Advertisement"They've long loved The Onion," Collins told Yahoo, nodding to a headline the outlet publishes verbatim every time there's a mass shooting.

Persons: Infowars, Sandy Hook, Ben Collins, Alex Jones's Infowars, Michael Bloomberg, Collins, Alex Jones, Jones — who'd, Christopher Lopez, weren't, Lopez, Variety, John Feinblatt, who've, Bloomberg Philanthropies, Elon Musk's X, Jones Organizations: Yahoo, NBC, First United, Companies, Southern, of Texas's, Bloomberg News, Safety, ABC News, Bloomberg, Business, Variety, Free Speech Systems Locations: Texas

☆ We're overhauling our Bullpen watchlist — 3 stocks are gone, the rest stick around
▼ + stars: | 2024-11-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. A view of the New York Stock Exchange (NYSE) on Wall Street November 13, 2024, in New York City.

Persons: Jim Cramer, Jim, Brian Chesky, Trump, Marvell, Jim chalked, Matt Murphy's, we're, hasn't, Amgen's, it's, Jim Cramer's, Angela Weiss Organizations: Pepsico, RTX, Marvell Technology, Nvidia, AMD, Broadcom, Novartis, JPMorgan Healthcare, Dow Inc, Jim Cramer's Charitable, CNBC, New York Stock Exchange, AFP, Getty Locations: RTX, Russia, Ukraine, Swiss, China, New York City

☆ Mike Tyson vs. Jake Paul will be a big test for Netflix's live strategy
▼ + stars: | 2024-11-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Mike Tyson and Jake Paul will fight Friday in what will likely be Netflix's biggest-ever live event. The streamer has increasingly segued into live sports while building an ad business. Netflix now has 70 million ad-supported users — up from 40 million in May. AdvertisementMike Tyson and Jake Paul will enter the ring Friday in a long-anticipated boxing bout that could be a big test for Netflix's ambitions. Two years after launching, Netflix said it now has 70 million ad-supported users — up from 40 million in May.

Persons: Mike Tyson, Jake Paul, —, Jennifer Halloran, Ampersand's Nicolle Pangis, Peter Naylor, Tyson, Paul Organizations: Netflix, Service, Boxing, influencers, Boston Red Sox, WWE, NFL, Business

☆ Here's why Steve Weiss likes Netflix
▼ + stars: | 2024-11-15 | 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 EmailHere's why Steve Weiss likes NetflixSteve Weiss, founder and managing partner at Short Hills Capital Partners joins CNBC’s “Halftime Report” to explain why he'd buy Netflix even though it hit a record-high yesterday.

Persons: Steve Weiss Organizations: Short Hills Capital Partners, Netflix

☆ Peter Thiel says Elon Musk's embrace of Donald Trump helped other Silicon Valley leaders feel safe supporting him
▼ + stars: | 2024-11-15 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Peter Thiel attributed recent Trump support in Silicon Valley, in part, to Elon Musk's efforts. Thiel told journalist Bari Weiss that Musk provided "cover" for other tech leaders to support Trump. AdvertisementBillionaire Peter Thiel credited Elon Musk, in part, with helping other tech leaders feel comfortable publicly supporting President-elect Donald Trump. Weiss asked Thiel if the Tesla CEO was "the critical ingredient" that allowed other business leaders to feel safe endorsing the divisive president. Thiel characterized the feeling inside Silicon Valley as one of growing frustration toward "corporate governance" and "how ridiculous it's gotten to manage these ideologically deranged millennial employees."

Persons: Peter Thiel, Trump, Elon, Thiel, Bari Weiss, Musk, —, Elon Musk, Donald Trump, Marc Andreessen, David Sacks, Shaun Maguire, Reid Hoffman, Ron Conway, Mark Cuban, Kamala Harris, Weiss, Tesla, Vivek Ramaswamy, It's Organizations: Service, PayPal, Trump, Department of Government, SpaceX Locations: Silicon Valley, Silicon, November's, California, Texas

☆ Matt Gaetz, Trump’s pick for attorney general, had been a subject of a sex trafficking investigation
▼ + stars: | 2024-11-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Tom_Winter_Nbc_News.Jpg | Tom Winter | ) www.nbcnews.com time to read: +4 min

Matt Gaetz, President-elect Donald Trump’s pick to run the Justice Department, has previously been investigated over allegations of sex trafficking of a 17-year-old girl — a federal probe that ultimately did not yield criminal charges. Rep. Matt Gaetz, R-Fla., at the Republican National Convention in Milwaukee on July 16. Greenberg pleaded guilty in May 2021 to several crimes, including the sex trafficking of a 17-year-old girl. Stephen Alford, 62, of Fort Walton Beach, Florida, said he could help the Matt Gaetz secure a presidential pardon, authorities said. Matt Gaetz has said the allegations stemmed from the extortion plot.

Persons: Matt Gaetz, Donald Trump’s, Gaetz, “, ”, Angela Weiss, ’, Joel Micah Greenberg, Gaetz’s, Greenberg, scoffed, Don Gaetz, Stephen Alford, Alford, Robert Levinson, Matt Gaetz’s, Biden, Joe Biden, ” “, ” Gaetz Organizations: Justice Department, Capitol, Justice, DOJ, Republican National Convention, Getty, NBC News, “, Politico, Gaetz, FBI, Fort Walton Locations: Florida, Milwaukee, Bahamas, Seminole County , Florida, Fort, Fort Walton Beach , Florida, Iran

☆ Here's what the U.S.' enemies — and allies — might see from Marco Rubio as secretary of State
▼ + stars: | 2024-11-14 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Republican presidential nominee and former U.S. President Donald Trump and Senator Marco Rubio (R-FL) react during a campaign event at Dorton Arena, in Raleigh, North Carolina, U.S. November 4, 2024. Jonathan Drake | ReutersPresident-elect Donald Trump's choice of Sen. Marco Rubio as his secretary of State, arguably the world's most important diplomat, could change the dial when it comes to the U.S.' relationship with both its enemies and its allies. You know, adversaries are uniting — in North Korea, Iran, China, Russia — [and] increasingly coordinating," Rubio said. US Senator Marco Rubio speaks during a campaign rally for former US President and Republican presidential candidate Donald Trump in Doral, Florida, on July 9, 2024. And I think that's what [former President] Donald Trump is trying to say," Rubio said.

Persons: Donald Trump, Marco Rubio, Jonathan Drake, Donald Trump's, Sen, Rubio, Trump, " Rubio, Marco, Trump's, Giorgio Viera, China Rubio, Wei Dongsheng, State Rubio, Mark Wilson, Masoud Pezeshkian, Hassan Nasrallah, Nasrallah, Angela Weiss, Donald Trump —, Ukraine It's, It's, Mike Segar Organizations: Dorton, Reuters, State, Senate Intelligence, Foreign Relations, Trump, White, Allies, CNN, Republican, AFP, Getty, U.S ., Science & Technology, Visual China, Rubio, China, Politico, White House, U.S, NBC, PPL Center, Afp, Russia, NBC News, Republican National Convention Locations: Raleigh , North Carolina, U.S, China, Iran, Ukraine, Russia, North Korea, Doral , Florida, Beijing, Communist China, JIUJIANG, CHINA, Jiujiang, Jiangxi Province, Washington, Israel, New York, Washington , DC, Gaza, Lebanon, Florida, Allentown , Pennsylvania, Tehran, Milwaukee , Wisconsin

☆ Elon Musk's promise of an 'epic' leaderboard of 'dumb' government spending reveals his marketing savvy
▼ + stars: | 2024-11-13 | by ( Geoff Weiss | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

Elon Musk says a leaderboard of "dumb" government spending will expose waste — and he wants your two cents. The Tesla CEO said this week that he planned to post a public "leaderboard for the most insanely dumb spending of your tax dollars." While the effectiveness of Musk's leaderboard remains to be seen, experts told Business Insider it showed his marketing savvy — even if it could also encourage "gotcha" moments that need more context. Especially in a dry realm such as government spending, Musk's plans are bound to grab eyeballs — and perhaps make people feel more invested in the outcome. She said there was some precedent for Musk's leaderboard, noting that former Sen. William Proxmire, a Democrat from Wisconsin, issued the "Golden Fleece Award" for wasteful spending throughout the 1970s and '80s via monthly press releases.

Persons: Elon Musk, —, Musk, Donald Trump's, DOGE —, he's, Vivek Ramaswamy, Natalie Andreas, Austin who's, Ayelet, didn't, Musk's, Andreas, Karen North, Clinton, Sen, William Proxmire, It's, screwworms —, Amy Jo Kim, Kim Organizations: Service, Department of Government, University of Texas, Austin, University of Chicago's Booth School of Business, University of Southern California's Annenberg School for Communication, Journalism, Stanford Locations: Wisconsin

Now, Jannik Sinner and Carlos Alcaraz are fast becoming household names and the next generation-defining rivalry. However, Sinner and Alcaraz – ranked No. Due to their rapid success, it is easy to forget that Sinner is only 23 and Alcaraz just 21. Sinner hits a shot in the semifinals of the US Open, a tournament he went on to win. Time will tell if Sinner can put that ice-cold instinct to good use at the ATP Finals and win the tournament for the first time.

Persons: Ivan Lendl, John McEnroe, Jimmy Connors, Andre Agassi, Pete Sampras dueled, Roger Federer, Rafael Nadal, Novak Djokovic, Carlos Alcaraz, Federer, Alcaraz –, Roland Garros, Alcaraz, Italy –, Nadal, ” Alcaraz, ”, Andy, Murray, Sinner, Frey, JC Ferrero, Juan Carlos Ferrero, “, ‘ Oh, he’s, Sean M, it’s, Angela Weiss, Manchester City’s Erling Haaland, Kylian, Alex de Minaur, Taylor Fritz, Casper Ruud, Andrey Rublev Organizations: CNN, tennis, Australian, Wimbledon, ATP, CNN Sport, ATP Tour, JC, JC Ferrero Challenger, Getty, AC Milan, Manchester Locations: Turin, Italy, Flushing Meadows, China, Beijing, Shanghai, Real Madrid

☆ Sam Altman thanks Elon Musk for helping to initially bankroll OpenAI — and says now is a great time for tech founders
▼ + stars: | 2024-11-11 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

OpenAI chief Sam Altman urged would-be founders to bet on AI. Despite their current feud, Altman said he was "very grateful" for Elon Musk's early backing. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAnd despite their contentious relationship today, Altman said he was "very grateful" to Elon Musk for helping to fund OpenAI in its early days. OpenAI hit back last month, saying Musk was harassing the company for "his own competitive advantage" in the name of his rival firm, xAI.

Persons: Sam Altman, Altman, Elon Musk's, —, Y, Garry Tan, you've, Elon Musk, Musk, OpenAI, it's Organizations: Service, Business

☆ The blue wall was Kamala Harris' clearest path to the White House. Here's why it faded away.
▼ + stars: | 2024-11-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Harris would have secured the presidency if she had won Michigan, Pennsylvania, and Wisconsin. Related VideoHere's why Harris ultimately faltered in the trio of blue wall states. Related storiesTo secure the presidency, candidates must win at least 270 Electoral College votes, and Harris won 226 to Trump's 312. AdvertisementHarris spent considerable time campaigning throughout the blue wall states, but her 107-day candidacy was a sprint. In Wisconsin, Trump won 51% of union households, compared to Harris' 49%, according to Edison Research.

Persons: Harris, Donald Trump, —, Kamala Harris, Hillary Clinton, Joe Biden, Trump, Tim Walz, ANGELA WEISS, Harris didn't, Alex Brandon Harris, Biden, Dane County, Trump's, EVELYN HOCKSTEIN, wasn't Organizations: White, GOP, Service, Democratic, House, Office, Minnesota Gov, Getty, Electoral, Michigan, Trump, Pennsylvania, AP, Edison Research, Oakland County, Republicans, Arab, Detroit, Teamsters, International Association of Fire Fighters, Democrats Locations: Michigan, Pennsylvania, Wisconsin, West Allis , Wisconsin, The Milwaukee, Wisconsin , Michigan, Oakland County, Detroit, Montgomery County , Pennsylvania, Philadelphia, Dane, Madison, Waukesha County , Wisconsin, Milwaukee, Bucks County , Pennsylvania, Saginaw County , Michigan, Gaza, Dearborn —

In his last term, Trump paused some work visa programs used by tech firms to hire skilled talent. This order left many tech workers stranded outside of the US in 2017. The H-1B visa program is the nation's largest temporary work visa program, with over 600,000 workers across 50,000 employers. Vice President-elect JD Vance has a venture capital background, and Musk is an immigrant himself who has said he was on an H1-B visa previously. Shin Yi Chong, who received her H1-B visa in 2019, was recently laid off from her tech job as a product manager.

Persons: Donald Trump's, Trump, —, Donald Trump, Michael Greeley, What's, Hiba Mona Anver, Anver, Jenny Fielding, Biden, Palo, Sophie Alcorn, Anna Rathbun, Aaron Levie, Elon Musk, Levie, Elon, Alcorn, JD Vance, Anna Moneymaker, Chris Farmer, Vance, Musk, Shin Yi Chong, Shubhangi Goel, Riddhi Kanetkar Organizations: Service, Flare Capital Partners, Trump, Ventures, Hire, Experts, Business Locations: Cleveland, It's

☆ Let's call it the YouTube election
▼ + stars: | 2024-11-09 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

And I'm very confident — based on my non-scientific poll of my teenage sons, who inhale YouTube — that those numbers are way, way bigger for young people. But what was most interesting about the election was the way the Trump campaign spent the summer embracing YouTube personalities. Edison Research says YouTube — including both regular, free YouTube and YouTube's paid YouTube Music service — is the most popular way for people to listen to (or watch) podcasts. And, unlike platforms like Instagram and TikTok — podcasters can get a meaningful share of the advertising revenue generated by their YouTube audiences. We should think about it as a podcast plus a YouTube election," he says.

Persons: Donald Trump, Joe Rogan, Rogan, he's, Trump, —, you've, Isn't Joe Rogan, YouTube's, JD Vance, Tucker Carlson, Megyn Kelly, Theo Von, Chris Balfe, Carlson, Kelly, Bari Weiss, Taylor Lorenz, Balfe Organizations: YouTube, Service, Fox News, Trump, Pew Research, Facebook, Edison Research, Fox, Red Seat Ventures, The Free, Crooked Media, Save

☆ Kenosha school district says potential school shooting thwarted by staff; teen arrested
▼ + stars: | 2024-11-08 | by ( Nbc Chicago | ) www.nbcnews.com time to read: +1 min

A suspect was taken into custody Thursday after police in Kenosha, Wisconsin, said a teenager attempted to enter an area elementary school while potentially armed. According to authorities, a person attempted to enter Roosevelt Elementary School in Kenosha “with suspicious bags.” When confronted by school staff in the entryway of the building, the person fled the school into a nearby neighborhood, officials said. The school was placed on a “secure hold” and just after 2 p.m. Thursday, authorities said a 13-year-old was arrested. Surveillance footage released by Kenosha Police on Thursday appears to show a teen suspect in the thwarted elementary school shooting. “Today we experienced something that all school staff and families fear — a potential school shooting,” Kenosha Unified School District Superintendent Dr. Jeff Weiss said at the news conference, according to NBC affiliate station TMJ4.

Persons: Patrick Patton, Jeff Weiss, ” Weiss, ” Organizations: Roosevelt Elementary School, Kenosha Police, Kenosha Police Department, Police, Kenosha Unified School, NBC Locations: Kenosha , Wisconsin, Kenosha, “

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