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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA recent grad who said she was "hired and fired in less than two weeks" from her first job out of college has sparked a conversation on TikTok about the deterioration of corporate onboarding. She said it was her first full-time job after graduating from college last August. Frederick said her colleagues told her they didn't know what to give her to do, which led her to feel "useless." She was told it wasn't working out and the company would be seeking another candidate.
Persons: , Sierra Desiray Frederick, she'd, Frederick, hadn't, she's Organizations: Service, Aldi, Business Locations: Tennessee
The International Court of Justice, the U.N.'s highest legal body, will this week hear a case brought by South Africa that accuses Israel of committing genocide against Palestinian people during the assault on the Gaza Strip. Ambassador Reuben Brigety accused South Africa of running guns for Russia via a mystery merchant ship, a South African inquiry found no evidence of the alleged arms shipment, but ties between the two historical allies remained taut. "Over the past two years a succession of frustrations, including South Africa feeling it is being pushed on Russia-Ukraine, the U.S. Ambassador's statements on South African domestic security and on its relationship with Russia, and U.S. policy on China in Africa, have all contributed to the worsening of this relationship," Vandome said. 'Solidarity against apartheid oppression' South Africa's close relationship with Russia is based on a multitude of factors past and present.
Persons: John Kirby, Kevin Lamarque, Israel, Reuben Brigety, Cyril Ramaphosa, Chris Vandome, Vandome, Sergey Lavrov, Naledi Pandor Organizations: White, Reuters, U.S, Court of Justice, Palestinian, . National Security, Chatham, CNBC, South, Russian, African Foreign, Pretoria Ihsaan Haffejee, Anadolu Agency, Getty, United States Trade, Solidarity, Congress, ANC, Party Locations: Washington , U.S, South Africa, Gaza, Israel, Washington, Pretoria, Russia, China, African, Ukraine, Africa, U.S, Palestine, PRETORIA, Pretoria Ihsaan
Here's the state of play globally for crypto regulation and enforcement in 2023 — and a look at what to expect in 2024. "However, much of their work has involved providing guidance to the industry through enforcement actions," continued Levin. Crypto market participants nevertheless hope that the spate of legal challenges brought to crypto companies in 2023 will bring clarity in the form of new regulations. The U.S.'s dominant role in global finance and its focus on consumer protection plays a crucial role in its leading position in crypto regulation enforcement. The region has been increasingly warming to crypto assets, despite a broader anti-crypto push from China, which banned bitcoin trading and mining in 2021.
Persons: Al Drago, Binance, Sam Bankman, Renato Mariotti, Mariotti, Richard Levin, Nelson Mullins Riley, Levin, ada, Changpeng Zhao, Damian Williams, Brian Armstrong, Armstrong, Alyse Killeen, Scarborough's Levin, FinCEN, Killeen, Diem, USDC, Braden Perry, it's, Kennyhertz Perry, Perry, Bafin Organizations: U.S . Securities, Exchange Commission, Bloomberg, Getty, Regulators, Securities and Exchange Commission, U.S, Alameda Research, U.S . Justice Department's Securities, Commodities, CNBC, Capitol, SEC, Futures Trading Commission, Department of Justice, Scarborough, CFTC, Protocol Labs, Southern, of, Stillmark, Meta, Visa, Mastercard, U.S ., European, IRS, European Union, EU, France's Financial Markets Authority, AMF, Treasury, Monetary Authority of, Three Arrows, Terra Labs, Terra, Hong Kong Securities, Futures Commission, SFC, OSL Locations: Washington, Europe, Asia, U.S, Alameda, of New York, European, Crypto, Ireland, Germany, France, Italy, Netherlands, Singapore, Dubai, Hong Kong, Monetary Authority of Singapore, China, East, Africa
While I don't think AI is going to solve everything, I'm really excited for the role that AI is going to play in making work better. AI is really going to help people balance their workday. I think that's really going to help people clear their day and stop spending so much time on those more routine tasks that could just be automated. I think it's also going to give us an opportunity to think about productivity in a much more meaningful way. You have to really think about how you're structuring your day in order to maximize productivity.
Persons: Christina Janzer, she's, , Salesforce, Slack, We're, I'm, it's, they're Organizations: Service Locations: Business, America
Wall Street analysts are saying it's a great time to invest in two of our favorite industrial-focused stocks: Honeywell and Linde . Morgan Stanley on Monday raised its price target and kept its buy-equivalent rating on industrial gas and engineering firm Linde. As for Linde, Jim has long touted the stock as the Club's favorite way to invest in the global transition to clean energy. On Dec 1, we increased our Club price target on Linde to $440 per share from $410. The Club's price target is $225, reflecting about a 12.5% premium to where the stock traded Monday afternoon.
Persons: Morgan Stanley, Linde, Jim Cramer, he's, Jim, Vimal Kapur, It's, Kapur, Jim Cramer's Organizations: Honeywell, Linde, Bank of America, LIN, Biden, of America, Carrier, CNBC, Getty
Holiday burnout is a term that describes "the mental, physical, and emotional exhaustion that someone can experience during or after the holiday season," Michelle Felder, founder and CEO of Parenting Pathfinders, told Insider. It's important to be proactive since burnout can lead to lasting changes in how your body responds to stress. For advice, I asked therapists about the signs of holiday burnout and what you can do to prevent it from ruining the festivities. With repeated and prolonged exposure to stress, your body has a harder time recovering from the fight or flight response. When you're constantly rushed, it can be challenging to "enjoy holiday activities and events that you used to look forward to," Appleton said.
Persons: , Michelle Felder, Felder, Daryl Appleton, Appleton, it's, you've, " Felder, Nandini Maharaj Organizations: Service, Business, Parenting Pathfinders, Fortune Locations: New York City
Watching your investments slide into the red can be a stressful experience for anyone, especially for the money you're setting aside for long-term goals like retirement. As a financial planner, I encourage a proactive approach to recession-proofing your retirement, including switching the bulk of your portfolio to safer investments with consistent rates of return. Instead, their interest rates are tied to the overall stock market, like the S&P 500. These annuities often pay more interest over time, as the stock market historically rises over time. They'll be much less likely to lose value if the stock market keeps dropping.
Persons: You'll, , you'll, wouldn't, Get, that's Organizations: Service, SEC
If you don't have children — and don't plan on having any — the normal rules of personal finance don't necessarily apply to you. Unless you have major financial obligations your spouse couldn't bear if you died, "it's very rare that childfree people will need life insurance," says Zigmont. Another major consideration: long-term care insurance. "[Considering long-term care insurance] something I want people to be doing by about their mid-forties. And the reason for that is that's when long-term care insurance is the most reasonable.
Persons: Jay Zigmont, Dave Ramsey, Zigmont, childfree, , It's, Dad You've, You'll Organizations: Genworth, Medicaid
As a financial planner, I have clients asking about investing in real estate on a regular basis. Real estate shouldn't be seen as passive income — it takes a lot of work and a lot of risk. But most people who are curious about investing in real estate have a lot of false assumptions and little knowledge or experience. Start Investing in Real Estate without Getting a Mortgage Fundrise is one of the best real estate investing apps for non-accredited investors looking to make long-term investments in real estate. But virtually no real estate investment is truly passive income.
Persons: shouldn't, Organizations: Service Locations: Real
Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. With interest rates and loan prime rates at low levels, there is more space to cut banks' reserve requirement ratio (RRR) than to cut interest rates, Sheng said. The central bank lowered the RRR in September for the second time this year to boost liquidity and support economic recovery. The weighted average RRR for financial institutions was around 7.4% after the cut. China is prudent in cutting interest rates as its monetary policy needs to consider internal and external balance, Sheng said.
Persons: Tingshu Wang, Sheng Songcheng, Sheng, Mei Mei Chu, Christopher Cushing Organizations: People's Bank of China, REUTERS, Rights, People's Bank of, Shanghai Securities, Thomson Locations: Beijing, China, Rights BEIJING, People's Bank of China, U.S
CNN —More than half of the world’s population live in urban areas where nature can feel like a distant concern. Thriving ecosystems do, however, exist within our cities — even beneath our feet — and embracing urban nature can be a powerful force for change. Cape Town’s baboons can often be found rummaging through garbage cans and around backyards, putting them at greater risk of conflict with humans. Easy access to food from Cape Town’s trash means baboons spend less time and energy foraging, and more on socializing with potential mates and the rest of their group. The city has begun taking proactive measures to keep them away from Cape Town’s outskirts and in their natural hillside habitat.
Persons: CNN —, Corey Arnold, denning, Lawrence Hylton, Neil Zeller, Gizem, Harvard University’s, Mary Cleave, Ashley Strickland, Katie Hunt Organizations: CNN, Southern, DreamWorks, Gizem Gumuskaya Tufts University Scientists, Tufts University, Harvard, Harvard University’s Wyss, NASA, Challenger, Tasmanian, CNN Space, Science Locations: West London, city’s, Cape Town , South Africa, backyards, Cape Town’s, California, Hong, New Territories, Shing Mun, Canadian, Guatemala
REUTERS/Jason Lee/File Photo Acquire Licensing RightsBEIJING, Dec 1 (Reuters) - China's new home prices rose slightly for a third straight month in November, a private survey showed on Friday, as the crisis-hit property sector struggles to stabilise despite a slew of government support measures. Prices rose 0.05% on average from the previous month after gains of 0.07% and 0.05%, according to the survey by real estate research firm China Index Academy. Government support for the property sector in recent months has included easing curbs on home purchases and cutting mortgage costs. A Reuters poll on Wednesday found expectations for 1% growth in new home prices next year, little changed from an August poll. "Beijing is turning more proactive to stabilise growth and the new dual-track housing model may help stabilise the property sector in the coming quarters," HSBC said on Thursday.
Persons: Jason Lee, Liangping Gao, Ryan Woo, William Mallard Organizations: REUTERS, Rights, China Index Academy, Index Academy, HSBC, Thomson Locations: Beijing, China, Rights BEIJING
BEIJING, Dec 1 (Reuters) - Mixed factory activity data for China in November suggests more stimulus will be needed to shore up economic growth, analysts said on Friday, as two surveys came to contrasting conclusions on the sector's health. That was the fastest expansion in three months, but stands in contrast to the official PMI which fell to 49.4 on Thursday. "At face value, the average of the two is consistent with factory activity remaining largely unchanged last month," said Sheana Yue, China economist at Capital Economics. The official and Caixin surveys have different samples, with the Caixin PMI focusing on export-oriented enterprises and small- and medium-sized enterprises in the country's coastal region. Payroll cuts in the sector persisted for the third month in the Caixin survey and a ninth month in the official PMI.
Persons: Sheana Yue, Dan Wang, Xi Jinping, Liangping Gao, Joe Cash, Jacqueline Wong, Lincoln Organizations: P Global, PMI, Capital Economics, HSBC, Hang Seng Bank, Thomson Locations: BEIJING, China, Hang Seng Bank China, Shanghai
How Qatar swayed Israel and Hamas to make a truce work
  + stars: | 2023-11-30 | by ( Andrew Mills | ) www.reuters.com   time to read: +10 min
It was necessary to clarify all the points in the agreement and make sure they meant the same thing to Israel and Hamas, a source briefed on the negotiations said. Qatar's foreign ministry told reporters that Hamas and Israel negotiated in Doha until "the early morning" of Nov. 23 and agreed on a plan to implement the truce deal the next day. Qatari negotiators shepherded Israel and Hamas to agree on exactly where in Gaza Israeli tanks would be stationed during the truce. Israel vets all financial transfers Qatar makes to Palestinians in Gaza, Qatari sources have said. Despite proximity to Hamas officials, Qatari negotiators did not speak directly to the group's leaders in Gaza, but through its representatives based in Doha.
Persons: Qatar’s, Abdullah Al Sulaiti, Imad Creidi, Qatar's, Sheikh Mohammed bin Abdulrahman Al Thani, Sheikh Mohammed, David Barnea, Israel, Benjamin Netanyahu, Netanyahu, shepherded Israel, Al Shifa, Emir Sheikh Tamim bin Hamad Al Thani, Joe Biden, Sheikh Tamim, Mehran Kamrava, We've, Al Sulaiti, I've, Ahmed Mohamed Hassan, Matt S, Dan Williams, David Gauthier, Frank Jack Daniel Organizations: Hamas, National Command Centre, REUTERS, Rights DOHA, Qatari, Qatar's Ministry of Foreign Affairs, U.S . Department of State, U.S, Gaza, Bild, Palestinian, Georgetown University, Thomson Locations: Israel, Palestinian, Doha, Qatar, Palestinian Territories, Egypt, Gaza, Moscow, London, Hamas, U.S, Russia, Gulf, Berlin, Syria, Qatari, Cairo, Washington, Jerusalem
I read it just as you dictated,” according to court records. The disclosure of the texts illuminate more of the behind-the-scenes discussions as Trump used powerful allies across the federal government to challenge the 2020 election results. The Washington Post has made public the full court document, and Politico also reported on the text messages. John Rowley, an attorney representing Perry, called the disclosure of the text messages this week “unfortunate.”“The communications reflect his efforts to understand real-time information about the 2020 election. Howell confidentially reviewed more than 2,000 documents Perry had sought to keep from investigators after they seized his cell phone last summer, including the text messages.
Persons: Scott Perry, Donald Trump’s, DOJ’s Jeffrey Clark, Clark, Perry texted Clark, , ” Perry, Perry, Clark’s, Justice Department official’s, ” Clark, Trump, Mike Pence, Beryl Howell, Howell, John Rowley, ” Rowley, Howell confidentially Organizations: CNN, Justice Department, Trump, DOJ, Republican, DC Circuit, Washington Post, Politico Locations: Michigan, Georgia
Shares of Cigna and Humana slid Wednesday after a report that the two health-care giants are in talks to merge. A Cigna spokesperson did not immediately respond to CNBC's request for comment on the report from The Wall Street Journal, which cited people familiar with the matter. A Humana spokesperson declined to comment. A Cigna spokesperson at the time said the company does not comment on "rumors or speculation." Some analysts have suggested that a potential combination with Humana could be a reason for Cigna to offload its Medicare Advantage business.
Persons: Humana's, Cigna, Scott Fidel, Stephens, Fidel Organizations: Humana, Wall Street, STAT, CNBC PRO
While men are most commonly say they are "hopeful" when it comes to money, women's number one word for their financial feelings was "stress," according to a 2023 Fidelity Investments survey. 1 source of stress is money," Sallie Krawcheck, CEO of Ellevest, an online investing platform for women, told CNBC in a recent interview. watch nowThere are a reasons why women's financial concerns are more acute. Consequently, women's top goal is to shore up the wealth they're lacking, while their second priority is taking care of their families, she said. A step-by-step approach works bests, according to Stacy Francis, a certified financial planner and president and CEO of Francis Financial in New York.
Persons: Sallie Krawcheck, Krawcheck, Cary Carbonaro, Carbonaro, Stacy Francis, Francis Organizations: Fidelity Investments, CNBC, ACM Wealth, Francis Financial, CNBC's FA Locations: New York, CNBC's
The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. The International Chamber of Shipping association said the "attacks must stop immediately, and the innocent seafarers released". "In light of the threat to safe transit of global trade in the Arabian and Red Seas, ZIM is taking temporary proactive measures to ensure the safety of its crews, vessels, and customers' cargo by re-routing some of its vessels," ZIM said. U.S. maritime administration MARAD said in an advisory on Sunday that vessels faced multiple threats after the attacks. Insurance industry sources said they expected war risk premiums to rise in the area, especially for Israel-linked shipping.
Persons: Houthis, ZIM, MARAD, Jonathan Saul, Carolyn Cohn Organizations: Galaxy Leader, Houthi Military, REUTERS, Yemeni, Pentagon, Hamas, Chamber of Shipping, ICS, Insurance, Thomson Locations: Red, Yemen, Gulf, Aden, Somali, Israel, Palestinian, Hodeidah
That share has increased significantly over the past decade: Just 58.2% of employers made a Roth 401(k) available in 2013, PSCA found. Workers pay tax up front on 401(k) contributions, but investment growth and account withdrawals in retirement are tax-free. High earners may also mistakenly think there are income limits to contribute to a Roth 401(k), as there are with a Roth individual retirement account. Those that don't already do so must allow Roth contributions to facilitate this change, or disallow catch-up contributions, according to Principal. When Roth 401(k), IRA savings makes senseRoth 401(k) contributions may not be wise for all workers.
Persons: Roth, PSCA, Hattie Greenan, , Greenan, Ted Jenkin, Jenkin Organizations: Getty, of America, Finance, Workers, Companies, Employers, CNBC, CNBC's
Now, hundreds of migrants from the Middle East and Africa have appeared at Finland's border from Russia, seeking entry into the Nordic country. They accuse Russia of driving the migrants to the border to sow discord as payback for Finland's membership in NATO. Finnish authorities quickly closed four checkpoints and then three more, leaving just one Arctic crossing point open for asylum-seekers. Finland also asked for help from EU border agency Frontex, which said it would send dozens of officers and equipment as reinforcements to the Finnish border. The Kremlin denies encouraging the migrants, and says it regrets the Finnish border closures.
Persons: Elina Valtonen, Petteri Orpo, Maria Zakharova, Valtonen, Russia’s, , Klaus Dodds, ” Dodds, Ylva Johansson, Sauli Niinistö, Alexander Lukashenko, Evika Siliņa, Siliņa, Lukashenko, Vladimir Putin, , Geert Wilders, Orpo’s, Vanessa Gera Organizations: HELSINKI, , NATO, Nordic, Associated Press, HOW, EU, Frontex, Russian Foreign Ministry, Royal Holloway, University of London, VU EU Home Affairs, Belarus —, Latvian, AP, Poland’s, Guard Locations: Finland, Russia, East, Africa, Syria, Yemen, Somalia, Iraq, Afghanistan, Finnish, FINLAND, Helsinki, Belarus, Europe, Moscow, Ukraine, Poland, Lithuania, Latvia, Baltic, Netherlands, Finns, Lapland, Murmansk, Warsaw
Over the last several months, Instagram has been testing and rolling out several features to bring us closer to our friends. And yes, that means more "Close Friends" tools. Earlier this month, Instagram expanded the Close Friends feature, which lets users curate content for a smaller follower pool, to the feed. You can post your memes and photo dumps directly to your grid and only your close friends can see them. A Meta spokesperson confirmed that Instagram is working on two internal prototypes that could push some new apps to the sidelines.
Persons: Instagram, Kylie Jenner, Amo, Alessandro Paluzzi Organizations: Meta, Apple, Business, TikTok, Facebook, Paluzzi Locations: amo
At home, she and her younger siblings would watch the 1941 Disney animated film “Dumbo” on repeat. The movie’s fantastical nature and its message of persevering against the odds resonated with her as a young girl. And after graduating in 2000 with the expectation that she would pursue a practical, lucrative career in her home country, she enrolled in medical school. No one in Veerasunthorn’s family had pursued a career in the arts. “I was leaving behind something that, to a lot of people, family and friends, is a very solid career to do something that is unknown,” she said.
Persons: , Veerasunthorn, Veerasunthorn “, Ratanasirintrawoot, Organizations: Disney, Columbus College of Art & Design Locations: Thailand’s Chonburi Province, Bangkok, Ohio
As a financial planner, here are seven strategies I recommend to help ensure your budget covers all your holiday shopping expenses. Determine how much you can afford to spend on holiday shopping without compromising your financial well-being. Set shopping deadlinesOne thing that I have learned about holiday shopping is that last-minute gifts are much more expensive. Have a separate high-yield savings account earmarked for holiday shoppingOnce you've crunched the numbers and created a holiday spending budget, it is a great idea to create a separate savings account earmarked for holiday shopping. Bundle giftsOne of my favorite ways to save on holiday shopping is to bundle gifts per family or group.
Persons: you'll, Organizations: Service, Quicken, Hulu, Netflix, Starbucks
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMILAN, Nov 22 (Reuters) - Italy's data protection authority has kicked-off a fact-finding investigation into the practice of gathering large amounts of personal data online for use in training artificial intelligence (AI) algorithms, the regulator said on Wednesday. The watchdog is one of the most proactive of the 31 national data protection authorities in assessing AI platform compliance with Europe's data privacy regime known as the General Data Protection Regulation (GDPR). Earlier this year, it briefly banned popular chatbot ChatGPT from operating in Italy over a suspected breach of privacy rules. "Following the fact-finding investigation, the Authority reserves the right to take the necessary steps, also in an urgent matter", the regulator said.
Persons: Dado Ruvic, Elvira Pollina, Mark Potter Organizations: REUTERS, General Data Protection, Authority, Reuters, Thomson Locations: Italy, France, Germany
"I am very proud of what this organization has already delivered for Alexa and AGI," Prasad added. Amazon's AGI team wasn't launched in response to this drama. The change also follows last week's job cuts within the AGI team, as BI previously reported . The cuts were part of a broader layoff that primarily affected Amazon's Alexa team. These are the six new teams formed within the AGI unit, as per the internal email:• AGI Product: defines AGI services and engages with internal customer teams to ensure end-to-end success.
Persons: Amazon's, Rohit Prasad, Prasad, Sam Altman, that's, Altman wasn't, didn't, wasn't, Andy Jassy, AGI, It's, Organizations: Alexa, Devices, Business, Microsoft, Google, AGI, Amazon, TV
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