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Generative AI wasn't part of the lexicon for most of us during President-elect Donald Trump 's first four years in the White House. At a high level, generative AI is a cutting-edge form of technology that will shape the next decade and beyond. While the AI field has been around for decades, generative AI applications can create new content, including computer code, human-like text and images, in response to user prompts. Those that lead in generative AI will very likely shape the world as we know it. With 5G, Trump didn't just hope the U.S. could just fun faster than everyone else.
Persons: Donald Trump, ChatGPT, Kamala Harris, Trump, Elon Musk, OpenAI, JD Vance, Vance, Joe Biden's, Trump's, OpenAI's Sam Altman, Alphabet's Sundar Pichai, Jim Cramer, it's, Jim, they're, Jim Cramer's, Callaghan Organizations: Trump, Billionaire, Republican, Big Tech, Republican Party's, GOP, 5G, Mobile, Sprint, Verizon, Nvidia, Microsoft, Huawei, Biden, Deutsche Bank, South China, Taiwan Semiconductor Manufacturing, Apple, Washington, Intel, Eaton, Trust, CNBC, Convention Center, Callaghan O'hare Locations: Ohio, U.S, United States, America, We've, China, Taiwan, South, Beijing, Palm Beach, West Palm Beach , Florida
Author Minda Harts said that stars like Issa Rae inspire her as she steps into Hollywood. Harts, whose debut novel was recently adapted into a short film, said that networking is key to her success. That book led to a short film adaptation, an upcoming psychological thriller about the workplace starring "The Proud Family" actor Kyla Pratt as Harts. Like Rae, Harts wants to diversify her portfolio. If we all can ask ourselves that in every part of the production process, then I think we'll have a more equitable Hollywood," Harts said.
Persons: Minda Harts, Issa Rae, Harts, it's, , Kyla Pratt, Rae, Marla Aufmuth, Valeisha Butterfield, Johnny Nunez, WireImage Harts, Dalvin Adams Harts, Reese Witherspoon, Witherspoon, Daisy Jones, She's, Reese Organizations: Hollywood, Service, YouTube, America, Seed Media, Arts Productions, Texas Conference, Women Locations: Vegas, Hollywood, Harts
The most prestigious category at the Grammys is album of the year (AOTY). Some of the most beloved albums in history, however, weren't even nominated for the award. Go to newsletter preferences Thanks for signing up! Some of the most beloved albums in history, however, didn't simply lose the award — a shocking number weren't even up for it. AdvertisementWe rounded up 47 of the best albums that weren't nominated for AOTY.
Persons: weren't, Joni Mitchell's, , it's, Carter, Charli XCX, Billie Eilish, Taylor Swift, didn't Organizations: Service, Washington Post, Department, AOTY
William's openness marks a shift from the royal family's traditional PR approach. AdvertisementPrince William this week opened up about his "brutal" year amid King Charles and Kate Middleton's respective cancer diagnoses. By all accounts, it has been another difficult year for the Royal Family. The royal family wasn't initially as forthcoming about the Princess of Wales' cancer diagnosis. Kate Middleton and Prince William attended King Charles' coronation day in May 2023.
Persons: Prince William, , William, King Charles, Kate Middleton's, it's, Queen Elizabeth II's, Robert Hardman, Richard Fitzwilliams, It's, Fitzwilliams, Elizabeth II, Queen Elizabeth II, Charles , Prince Andrew, Princess Anne, Buckingham, Charles, Rishi Sunak, he'd, wasn't, Princess, Wales, Kate Middleton, Max Mumby, Kate, Elizabeth, Gyles Brandreth, Chris Jackson, William's, Jack Johnson, Jane Owen, Russell Myers, Lorraine, Myers, Owen Organizations: Service, Queen, British, relatability, Sunday Times, National Health Service, Getty Images, REUTERS, ITV, Business Locations: Cape Town, Windsor, Buckingham, king's Duchy, Lancaster, William's Duchy, Cornwall, Kensington
Business Insider spoke to three residency and citizenship consultancies about what they heard in the 48 hours after the election was called. Advertisement"Americans normally will take an average of three weeks to four weeks to review the documents before signing anything," Arton said. This time, it's different: "They're signing it the same day." While demand has risen steadily, Galst said clients' tone this week took on particular urgency — they're no longer just shopping around for options. "In the last 24 hours, I've heard real urgency," Galst said.
Persons: , Donald Trump readies, They've, Steve Ballmer, Armand Arton, He's, Arton, they're, Partners Judi Galst, Galst, I've, it's, Pela Terra Organizations: Democratic, Service, White, Business, Arton, Henley, Partners, Henley & Partners, US Nationals, Gaza, Hamas Locations: Montreal, New York, Connecticut, California, London, Palestinian, Portugal, Caribbean, Ireland, Germany, Austria, Poland, Florida, American, Europe
Learn moreTwelve-year-olds are at a big transition point in their lives — they're starting to feel more grown up, but they're not quite out of childhood yet. We spoke to Madeleine Buckley, senior editor at The Toy Insider to help us find some of the best gifts for 12-year-old boys. Buckley recommended games, crafts, pop culture gifts, fidgets, and video games for tweens. Before buying a gift, find out what brands, franchises, and video games the 12-year-old on your list is into. Here are 17 of the best gifts for 12-year-old boys
Persons: — they're, they're, Madeleine Buckley, tweens, Buckley Organizations: Business, tweens
I own 11 designer bags and have made some mistakes while building my collection. In my opinion, curating a collection based on your personal style is the best way to select bags. AdvertisementAside from my family, friends, and pets, I consider handbags to be my first love — specifically, designer bags. Over the years, I've carefully curated a collection of 11 designer bags. Although I pride myself on being an informed buyer and in touch with my personal style, I've certainly made some mistakes while building my collection.
Persons: curating, , I've Organizations: Service
During his 2024 presidential campaign, Donald Trump said he would "never ban TikTok." Business Insider asked legal experts what Trump could do to rescue the app, if he chooses to. In June, the president-elect told the app's users he would "never ban TikTok." Legal experts told Business Insider that TikTok's future in the US is still very much in question despite Trump's election win. Cornell's Hans said any tactic a future Trump administration might take to keep TikTok around would be "uncharted territory."
Persons: Donald Trump, Trump, , it's, Joe Biden, hasn't, I'm, G.S, Hans, Matthew Schettenhelm, TikTok, Aram A, Barack Obama's, Bloomberg's Schettenhelm, Who's, Schettenhelm, TikTok Trump, Gavoor, Alan Rozenshtein, Cornell's Hans Organizations: Business, Service, Appeals, District of Columbia Circuit, DC Circuit, Trump, Congress, Cornell Law School, BI, Bloomberg Intelligence, Department, Foreign, Justice Department, George Washington University Law, Defense, Trump's, Apple, Google, University of Minnesota, Fast Company, TikTok Locations: China
Airbnb reported earnings after the market closed on Thursday. AdvertisementAirbnb's third-quarter earnings report showed that the company keeps growing — and that 2025 will be the year it breaks into a new business. Here are the highlights from the earnings report:Airbnb's third-quarter revenue grew despite a slow startAirbnb's revenue for the quarter rose 10% to $3.73 billion. Bookings were slow early in the quarter but picked up later, CEO Brian Chesky said on Thursday's earnings call. "We'll remain focused on accelerating growth while preparing for Airbnb's next chapter, which will take us beyond accommodations," the press release read.
Persons: Airbnb, Brian Chesky, , Chesky, Airbnb's, Axel Springer Organizations: Service, Reuters, Inc Locations: Airbnb
Trump took a dim view of the Powell Fed during his first term in office, calling policymakers "boneheads" and once compared Powell to a golfer who couldn't putt. Powell, who was nominated by Trump in November 2017 and took office the following February, largely shrugged off the criticism then, and he again deflected Thursday. However, dealing with the ramifications of a Trump presidency will be almost unavoidable for the Fed leader. LaVorgna has a unique perspective on the situation, having served as chief economist for the National Economic Council under Trump. Trump historically has favored lower rates, though that too could change if the Fed cuts and inflation rises.
Persons: Jerome Powell, Kent Nishimura, Donald Trump, Trump, Powell, I'm, Joseph LaVorgna, LaVorgna, Lavorgna Organizations: Federal, Getty, firebrand Republican, Powell Fed, Trump, Fed, Nikko Securities, National Economic Council Locations: Washington, Washington , DC, stoke
Indeed is launching an AI-powered tool called Pathfinder to help job seekers discover career paths. Jessica Jensen, Indeed's chief marketing officer, said the focus will be on positioning Indeed as a "livelong talent agent." The new product comes as job seekers report profound frustration with the hiring process, citing indignities like "ghost jobs" and overwhelming competition. Related storiesThe company's internal marketing team is executing the product launch, and channels will include email, events, and job seeker content. "Outreach on the part of employers is so valuable and drives better results for job seekers and employers."
Persons: Jessica Jensen, , Chris Hyams, Hyames, you've, Hymes, " Hyams, it's, Jessice Jensen, Jensen Organizations: Service, Pathfinder, BI, Companies
I've seen tourists repeat the same mistakes during visits to my hometown, Charleston. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I love that so many people are flocking to Charleston, both to visit the city and to live in it. These are the 10 biggest mistakes I see tourists make when they visit Charleston.
Persons: I've, Organizations: Service Locations: Charleston, Southern
Emma Halls, a Stem7 Executive Search recruiter, shares what VC firms are looking for in candidates. We work with VC firms in London, Palo Alto, Paris, Berlin, Stockholm, Munich, and New York. But they're also looking for candidates whose CVs show they're actually passionate about the whole VC ecosystem. This shows VC firms that the candidates were always doing things that created some kind of disruption. VC firms want to know if applicants have been able to network themselves into some kind of startup role or internship.
Persons: Emma Halls, , they're, They'd, we've, it's Organizations: Service, Business Locations: London, Palo Alto, Paris, Berlin, Stockholm, Munich, New York
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVenki Ramakrishnan, a Nobel laureate and former president of the world's oldest scientific academy, the Royal Society, has been watching as aging science and the hype around it has exploded. There have been some real scientific breakthroughs, deepening our understanding of the fundamental causes of aging, Ramakrishnan told Business Insider. AdvertisementCycling everydayExercise has all kinds of benefits for healthy aging, Ramakrishnan said. Research suggests that getting enough good quality sleep could add a few years to your life.
Persons: , Venki, Ramakrishnan, He's, Michael Pollan's Organizations: Service, Royal Society, Business, Allied Market Research, FDA, British, of Sports Medicine, American College of Cardiology's Locations: Cambridge
Goldman Sachs is optimistic on BioNTech as a result of a new oncology asset. The bank upgraded shares of the German biotechnology firm to a buy rating from neutral. Analyst Chris Shibutani accompanied the move by hiking his price target to $137 from $90, which implies upside of $27%. BNTX YTD mountain BNTX YTD chart BioNTech can also support an innovative and expansive clinical development program for BNT327 that could challenge the status quo of immune-oncology regimens, Shibutani added. Of the 19 who cover it, 12 have buy or strong buy ratings on BioNTech, LSEG data shows.
Persons: Goldman Sachs, Chris Shibutani, BNTX
Keep reading to learn where to watch college basketball, including which live streaming services will allow you to watch the most games. Check price at DirecTVHulu + Live TVHulu + Live TV is another popular live TV streaming package that includes ESPN Plus, Disney Plus, and on-demand Hulu in addition to its lineup of live channels. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Check price at Peacock TVHow to watch college basketball from anywhereCollege basketball fans traveling outside of the US might have a hard time finding watch options while abroad. Check price at ExpressVPNHow to watch college basketball with a VPNSign up for a VPN if you don't have one.
Persons: Paige Bueckers, Azzi Fudd, UConn's, Donovan Clingan, we've, There's, Hulu's, Peacock, VPNs, They're, ExpressVPN Organizations: Business, UConn, South Carolina, UConn women's, Iowa, Huskies, NBA, Portland Trail Blazers, ESPN Plus, SEC Network, ACC Network, ESPN2, ESPN, ESPN3, ESPNU, CBS, CBS Sports Network, NBC, FOX, TNT, Big Ten, ABC, Sling, DirecTV, Hulu, MLB, NHL, NFL, UFC, Disney Plus, SEC, ACC Networks, Sling TV, Sling Orange, Sports, DirecTV Stream, DirecTV Hulu, College Locations: Carolina, FS2
A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty ImagesDETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are "impossible" to meet and, if they're not changed, will lead to less customer choice in several states. Battery-electric, fuel cell and, to an extent, plug-in hybrid electric vehicles qualify as zero emission under the regulations. At this point, it looks impossible," Jack Hollis, chief operating officer of Toyota Motor North America, said during a virtual media roundtable Friday. Several automotive insiders previously told CNBC that the EV mandate issue needed to be addressed regardless of who won election this year.
Persons: Tomohiro Ohsumi, they're, ZEV, Battery, Jack Hollis, Power, Hollis Organizations: Toyota Motor Corp, Getty, DETROIT, Toyota, California Air, Toyota Motor North, California Air Resources, D.C, CNBC Locations: Tokyo, Japan, California, Toyota Motor North America, Washington, Colorado, New York, New Mexico, Rhode
AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.
Persons: , Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon
Here's why ETFs often have lower fees than mutual funds
  + stars: | 2024-11-08 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +2 min
Some experts say comparing average ETF fees to those of mutual funds isn't quite fair, because most ETFs have historically been index funds, not actively managed funds. To that point, index ETFs have a 0.44% average annual fee, half the 0.88% fee for index mutual funds, according to Morningstar. Similarly, active ETFs carry a 0.63% average fee, versus 1.02% for actively managed mutual funds, Morningstar data show. 'Cheap mutual funds also exist'ETFs and mutual funds are similar. While ETFs tend to be cheaper, on average, that's not to say mutual funds are always more expensive.
Persons: Zachary Evens, Evens, Michael McClary, that's, Bryan Armour Organizations: Morningstar, Investors, Valmark Financial, ETF, Trust, Mutual, North America Locations: U.S
“The notion that your client doesn’t have any knowledge of where his assets are located is farcical," Liman told Giuliani lawyer Ken Caruso. Giuliani told reporters Thursday that "they lied" about items being moved. In court, Caruso told the judge it was "vindictive" of Freeman and Moss to ask for the watch, a claim the judge angrily shot down. “All the property must be turned over to the receiver, and if not I will hold him in contempt,” the judge said of Giuliani. "I did not defame them," he told reporters Thursday.
Persons: Rudy Giuliani, hasn’t, District Judge Lewis Liman, wasn't, Liman, Giuliani, Ken Caruso, Donald Trump, Ruby Freeman, Shaye Moss, Freeman, Moss, Joe DiMaggio, Aaron Nathan, Nathan, DiMaggio, He's, he's, Caruso, Mercedes, Lauren Bacall, you’re, ” Liman, Mercedes —, , , I’m, They’ve, defaming Freeman Organizations: U.S, District, Freeman, Mercedes Locations: Georgia, New York, Giuliani's, York, and New York, Ronkonkoma, Long, Hollywood, Florida
UFC media rights are up for renewal next year, and TKO Group Chief Operating Officer Mark Shapiro tells me he thinks Netflix could be getting in the ring. "I think absolutely, they'll be at the table on UFC," Shapiro said in an exclusive CNBC Sport interview. Still, even with the WWE deal, Netflix didn't fully embrace its new role as a platform for live sports. "I think absolutely, they'll be at the table on UFC," Shapiro said in an exclusive CNBC Sport interview. Still, even with the WWE deal, Netflix didn't fully embrace its new role as a platform for live sports.
Persons: Alex Sherman, Mark Shapiro, Shapiro, They've, We've, Ted Sarandos, Sarandos, it's, Jake Paul, Mike Tyson, Netflix hasn't, we're, Tyson, Paul, It's, Vince McMahon, McMahon, He's, he's, , We're, Dick Clark, Paul Levesque, Dana White, Stan Kasten, Adam Silver, Adam, I'm, That's, Juan Soto, Shohei, Ohtani, Kasten, Jonathan Kraft, Sportico's, Kraft, Babe Ruth, Collect, Ruth, Red Ruth, Deiveson Figueiredo, Brandon Moreno, Louis Grasse Organizations: CNBC, UFC, Netflix, WWE, Disney, MMA, National Football League, NFL, Dick Clark Productions, Golden Globe, , Professional Bull Riders, Endeavor, PGA Tour, Comcast, Dodgers, NBA, Major League Baseball, New York Yankees, Nice, CNBC Sport, Ham Fighters, Summer, NBC, Tennis, Consumers, New England Patriots, Boise State, Louis Locations: U.S, Canada, It's, Los Angeles, Ohtani's, Hokkaido Nippon, Oregon, Gila, Glendale , AZ
Eli Milliman became a stay-at-home dad when his wife started a full-time job and excelled in it. AdvertisementThis as-told-to-me essay is based on a conversation with Eli Milliman, a 46-year-old stay-at-home dad in Florence, Alabama. My wife, Shannon, and I grew up together in a conservative Christian community in Utah. I told her I didn't take pride in the idea that I must be the breadwinner because I'm the man. My parents even had concerns and questioned our decision to have me be a stay-at-home dad.
Persons: Eli Milliman, , Shannon, I've, they're, we've Organizations: Service, Kroger Corporation Locations: Florence , Alabama, Utah, Oregon, Alabama
Kamala Harris' advisors said she struggled to dig herself out of a hole. Related Video Can Kamala Harris win over Democrats after Joe Biden drops out of 2024 presidential election? Throughout the 2024 race, Trump posted some of his highest approval numbers since he launched his first presidential run in 2015. AdvertisementEvan Roth Smith, the lead pollster at BluePrint, said there's no doubt that Biden's unpopularity impacted Harris. The Trump campaign didn't forget."
Persons: Kamala Harris, Joe Biden, Harris, , Doug Sosnik, Bill Clinton, Biden, Trump, Obama, David Plouffe, Harris's, Kamala, AWwpZQHhVo — Alex Thompson, Evan Roth Smith, Kamala Harris's, Roth Smith, would've, Rishi Sunak, George H.W, Bush, Ryan Ryan Williams, Mitt Romney's Organizations: Service, Democratic, CNN, Biden, British, Conservative Party, Democratic Party, New, Trump, GOP, Voters Locations: United States, South Korea, Germany, Iowa, New Hampshire
"In a market with so few sellers and so many buyers, those buyers need to pay up if they want to get their hands on some shares," he said. "But they're willing to pay up because they're so worried that tomorrow a lot of them will have to pay even more than they did today." Wednesday's momentum largely continued during Thursday's session, as investors deemed a decisive Trump victory to broadly bode well for Wall Street and big business. Cramer used Home Depot 's stock moves to illustrate what he called "a dearth of sellers," explaining how shares were able to advance 2.85% by the close. The sellers are afraid to sell, the buyers are incredibly eager to buy," Cramer said.
Persons: CNBC's Jim Cramer, Donald Trump, bode, Cramer, that's Organizations: Trump, Wall, Nasdaq
Steven Mnuchin, who held the post throughout Trump's first term from 2017-21, told CNBC that he sees those items as critical to the Republican's agenda. Tax cuts are "a signature part of his program," Mnuchin said in a "Squawk Box" interview. Also on the agenda would be tariffs, which Trump implemented on multiple items during his first term and promised to do again. Finally, he indicated that nations such as Iran and Russia can expect to see sanctions again. In the case of Iran, they're now selling millions of barrels of oil, which needs to be stopped," Mnuchin said.
Persons: Donald Trump, Steven Mnuchin, Mnuchin, Trump, they're, that's Organizations: CNBC, Islamic Revolutionary Guard, Liberty Strategic Capital Locations: China, Iran, Russia
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