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☆ Inside the New Job Stress Test Used From the NFL to the C-Suite
▼ + stars: | 2024-06-27 | by ( Scott Nover | ) www.businessinsider.com time to read: +14 min

In fact, I outperformed nearly all draft prospects in certain categories of this test, floundering on only one. Related storiesFor many years, the standard-bearer for evaluating the brains of NFL athletes was the Wonderlic, a short IQ test with a series of increasingly difficult questions. Stroud, then favored to be the first player selected in the NFL draft, over the Alabama quarterback Bryce Young. But then Stroud, the alleged dolt, went on to have one of the best rookie campaigns of any NFL quarterback, while Young struggled all year. Unfazed by the controversy over Stroud, S2 has begun selling its tests to other sectors.

Persons: Pong, Jack Marucci, Marucci, we've, Brandon Ally, Scott Wylie, Ally, Wylie, Patrick Mahomes, Lamar Jackson, John Michel, C.J ., Bryce Young, Young, Stroud, Stroud's, Aaron Rodgers, That's, Myers, Briggs, Goldman Sachs, Alberto Miranda, that's, Michel, Scott Nover Organizations: National Football League, SEC, Louisiana State University, NFL, Loyola University Maryland, Ohio State, Alabama, Athletic, Jets, Athletic Intelligence, intuit, Boeing, Meta, BI Locations: Tennessee, Nashville, C.J . Stroud, Stroud, Columbus , Ohio

☆ These 13 states — including Florida and Texas — opted out of a $2.5 billion federal food program that would help feed low-income kids this summer
▼ + stars: | 2024-06-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

During the pandemic, the federal government covered the entire cost of the Summer EBT program, but starting this summer, states will be on the hook to split administrative costs 50/50. AdvertisementThirteen Republican-led states ultimately opted out of the program this summer, citing myriad reasons, including redundancy, insufficient support, and politics. AlabamaAccording to the state's Department of Health, one in four children in Alabama faces food insecurity. The state will reconsider joining the summer program once the backlog is dealt with, the outlet reported. Brian Kemp told local outlet 11 Alive that the state already has a summer food program in place.

Persons: —, Brian Kemp, Republican Sen, Cindy Carlson, Kim Reynolds, Reynolds, Kevin Stitt, Stitt, Biden, Henry McMaster, Scott Olson, Iran Fury, Kristi Noem, Chalkbeat, Fury, Megan Degenfelder, Degenfelder Organizations: Service, Department of Agriculture, SUN, Business, The, Agriculture, state's Department of Health, SUN Bucks, Alabama, state's Department of Education, Assistance, SNAP, state's Department of Children, Families, Florida Department of Children, Republican Gov, Republican, Idaho Education, Iowa, Iowa Iowa Gov, Human Services, Biden Administration, Mississippi The Mississippi Department of Human Services, Magnolia Tribune, Oklahoma Republican Gov, South Carolina Republican Gov, The Texas Tribune, state's, Human Services Commission Locations: Alabama, Alaska Alaska, Alaska, Florida, Georgia, SUN Bucks, NurPhoto Idaho, Idaho, Iowa Iowa, Mississippi, Oklahoma, South Carolina, Dakota South Dakota, Iran, Texas Texas, Wyoming Wyoming, Wyoming

☆ Prince Harry opens up about grief and bereavement
▼ + stars: | 2024-06-27 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Prince Harry has opened up about bereavement and grief during a conversation with the founder of a charity that supports children who have lost a parent serving in the British armed forces. Harry pictured with members of the charity on May 24 Scotty's Little SoldiersHarry went on to underline the importance of talking about emotions during the grieving process. Harry is a global ambassador for Scotty’s Little Soldiers, and sat down for a conversation with Scott ahead of Armed Forces Day on June 29. Scott told the duke about the moment she had to tell her son, Kai, that his father, Cpl. Each year, 2,100 children lose a parent who served in the UK military, according to Scotty’s Little Soldiers.

Persons: Prince Harry, “, you’ve, ”, Duke of Sussex, Princess Diana, Nikki Scott, Diana, Harry, Scott, Kai, Cpl, Lee Scott, Scotty's, I’m Organizations: CNN, Scotty’s, Armed Forces, CNN’s Royal, Soldiers Locations: British, Paris, Afghanistan, Scotty’s

☆ Piper Sandler's Scott Siefers on key takeaways from stress test results
▼ + stars: | 2024-06-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPiper Sandler's Scott Siefers on key takeaways from stress test resultsScott Siefers, Piper Sandler senior research analyst, joins 'Money Movers' to discuss his key takeaways from the annual stress test results.

Persons: Piper Sandler's Scott Siefers, Scott Siefers, Piper Sandler

☆ Meet Bill and Melinda Gates' Gen Z daughter Phoebe, a Stanford graduate and activist who's dating Paul McCartney's grandson
▼ + stars: | 2024-06-27 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +1 min

Phoebe Gates is the youngest daughter of Bill and Melinda Gates. Bill and Melinda Gates. Getty/Scott OlsonBill Gates and Melinda French Gates, who married in 1994 and divorced in 2021, have three children: Jennifer, 28, Rory, 25, and Phoebe, 21. The three Gates children will inherit at least some of their parents' wealth: Bill Gates has said he plans to leave them "only" $10 million each. Today, nearly five decades after cofounding Microsoft, Bill Gates has a fortune of about $134 billion, according to Forbes.

Persons: Phoebe Gates, Bill, Melinda Gates, Getty, Scott Olson Bill Gates, Melinda French Gates, Jennifer, Rory, Phoebe, Puck, Bill Gates, Gates, Warren Buffett, Fortune Organizations: Lakeside School, Microsoft, Forbes, Gates Foundation

☆ GE Vernova CEO Scott Strazik: We can meet energy demands of AI
▼ + stars: | 2024-06-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGE Vernova CEO Scott Strazik: We can meet energy demands of AIGE Vernova CEO Scott Strazik joins CNBC's 'Squawk Box' from the Aspen Ideas Festival to discuss how the company powers AI, wind projects, and more. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.

Persons: Scott Strazik Organizations: GE, Aspen Ideas, NBCUniversal

Former President Donald Trump, left, and President Joe Biden take part in the CNN presidential debate on Thursday, June 27. Austin Steele/CNN Trump and Biden were debating each other for the first time since 2020. Austin Steele/CNN Biden's campaign won a coin toss before the debate to choose which side he would stand on. Austin Steele/CNN Biden addresses Trump directly during the debate. Austin Steele/CNN Biden answers an early question.

Persons: Joe Biden, Donald Trump ., Biden, Trump, “, ” Trump, he’d, it’s, ” Biden, Biden’s, Hunter, Stormy Daniels, Trump’s, Jake Tapper, Dana Bash, Roe, ”, Tristen Rouse, Joe, – Biden flailed, Austin Steele, We’d, Herbert Hoover, David, “ I’ve, Beau, Daniels, Trump “, Wade, “ It’s, Israel, –, Donald Trump, Will Lanzoni, Jill Biden, Adam Rose, CNN US Sen, Marco Rubio, CNN Trump, CNN Biden, CNN Tapper, Robert F, Kennedy Jr, Kennedy, CNN MJ Lee, Mandel Ngan, Megan Varner, Reuters Kennedy, Burk Stringfellow, Vladimir Putin, Putin, we’ve, I’m, Hillary Clinton –, South Carolina Republican Sen, Tim Scott, – Biden, freefall ”, Tapper – Organizations: CNN, Biden, Trump, Democratic, ABC, ”, Atlantic, Capitol, Capitol Hill, US Supreme Court, CNN US, House, CNN Biden's, CNN Biden, Atlanta, White House, Getty, Reuters, NATO, Ukraine, Western Europe, South Carolina Republican, Blacks, Trump – Locations: Atlanta, Washington ,, America, Iraq, United States, Israel, Gaza, Palestinian, Georgia, CNN's, AFP, Afghanistan, Russian, Ukraine, Iran, Wisconsin , Michigan, Pennsylvania, North Carolina, South, freefall, Covid

☆ Trump’s V.P. Parade Nears Its End, With Vance, Burgum and Rubio in Front
▼ + stars: | 2024-06-27 | by ( Michael C. Bender | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump’s process of choosing a running mate has entered its final stages in a frenzied and increasingly theatrical fashion as he privately narrows his focus to a set of top contenders. Behind closed doors, Mr. Trump has been primarily interested in Senator J.D. Doug Burgum of North Dakota and Senator Marco Rubio of Florida, according to three people who have spoken to the former president in recent days and insisted on anonymity to discuss private conversations. But Mr. Trump has befuddled some friends and advisers by continuing to solicit opinions on other contenders, including Ben Carson, a retired neurosurgeon and former housing secretary during his administration, and Senator Tim Scott of South Carolina. Meanwhile, a series of cryptic and suggestive messages from Mr. Trump’s campaign that the announcement could come as soon as this week has ignited 72 hours of unbridled conjecture, confusing political observers and Republican allies.

Persons: Donald J, Trump, J.D, Vance of, Doug Burgum, Marco Rubio, Ben Carson, Tim Scott of Organizations: Gov, Republican Locations: Vance of Ohio, North Dakota, Marco Rubio of Florida, Tim Scott of South Carolina

☆ Microsoft's new AI CEO Mustafa Suleyman works closely with these execs, internal tracking tool reveals
▼ + stars: | 2024-06-26 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +4 min

Read previewAn internal Microsoft tracking tool has revealed which executives AI CEO Mustafa Suleyman is working with most during his first few months on the job. Microsoft in March hired Suleyman , the head of startup Inflection AI and a cofounder of AI pioneer DeepMind, to be CEO of a newly formed Microsoft AI group. The organization is responsible for consumer AI products such as Microsoft's Copilot AI chatbot and the Bing search engine. Kevin Scott, Microsoft chief technology officerKevin Scott MicrosoftKevin Scott is Microsoft's chief technology officer and executive vice president of AI. Caitlin McCabe, CEO chief of staffMcCabe is Satya Nadella's chief of staff.

Persons: —, Mustafa Suleyman, Suleyman, Karén Simonyan, Yusuf Mehdi, Microsoft Nick Adams, Reuters Mehdi, Kevin Scott, Kevin Scott Microsoft Kevin Scott, He's, Scott, Kevin, Satya Nadella, Amy Hood, Phillip Faraone, Hood, Rajesh Jha, Jha wasn't, Jha, Caitlin McCabe, McCabe, Satya Nadella's, She's, Nadella, Jon Tinter, Chris Young, Tinter Organizations: Service, Microsoft, Business, Reuters, OpenAI

☆ The Vanishing Islands That Failed to Vanish
▼ + stars: | 2024-06-26 | by ( Raymond Zhong | Jason Gulley | ) www.nytimes.com time to read: +26 min

The Vanishing Islands That Failed to Vanish Low-lying tropical island nations were expected to be early victims of rising seas. They found that over the past few decades, the islands’ edges had wobbled this way and that, eroding here, building there. No, to understand what really beguiles them about these islands, you need to take a dive into the surrounding sea. Coral reefs Indian Ocean Islands HUVADHOO ATOLL 5 miles Dhigulaabadhoo Coral reefs Indian Ocean Islands HUVADHOO ATOLL 5 miles Dhigulaabadhoo Islands HUVADHOO ATOLL Islands HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL Kandahalagalaa Dhigulaabadhoo HUVADHOO ATOLL Kandahalagalaa Dhigulaabadhoo A map of the Huvadhoo Atoll, a gourd-shaped ring of 241 islands in the southern Maldives. Huvadhoo Atoll is a gourd-shaped ring of 241 islands in the southern Maldives.

Persons: ” Charles Darwin, Darwin, bode, Arthur Webb, Paul Kench, “ I’m, Kench, Webb, Kench’s, Mohamed Aslam, Paul S, Aitana Gea Neuhaus, Gea Neuhaus, ” Ms, “, ” Paul Kench, Gerd Masselink, Peter Ganderton, Curt Storlazzi, Tim Scott, Dr, Scott, ”, it’s, “ They’ve, munch, Storlazzi, Thoriq Ibrahim, Malé, Hariyya Ibrahim, Hariyya, Adam Shakir, Adam, Farhath Ibrahim, Mohamed Muizzu, Hussain Rasheed, Rakeedhoo, Ashiya, Ashiya’s Organizations: Graphics, University of Plymouth, National University of Singapore, Nature Communications, Airbus, Google, United States Geological Survey Locations: Maldives, INDIA, MALDIVES, Polynesia, Micronesia, Indian, Malé, Himandhoo, Huvadhoo, ”, England, Dhigulaabadhoo, Wade, Plymouth, grinned, Hulhumalé, New City, Sand, City, Towers City, Himandhoo’s, Rakeedhoo

☆ Watch Wednesday's full episode of the Halftime Report — June 26, 2024
▼ + stars: | 2024-06-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of the Halftime Report — June 26, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ Levi’s under fire after supplier laid off hundreds of workers in Turkey
▼ + stars: | 2024-06-26 | by ( Scott Mclean | ) edition.cnn.com time to read: +10 min

Ozak Tekstil told CNN it had terminated the workers “as a last resort” when they declined an invitation to return to work. If it refused, “we will be forced to take the appropriate next steps to uphold workers’ rights,” Levi’s wrote. It did not reinstate all of the fired workers. Inside the Ozak Tekstil factory in Sanliurfa, Turkey, in December 2023. The Ozak Tekstil factory in Sanliurfa, Turkey, in December 2023.

Persons: “, Levi’s, LEVI, Ozak Tekstil, Zara, Hugo Boss, Guess, Ralph Lauren, Seher Gulel, Gulel, ”, Sen, Tekstil, Levi Strauss, Justin Sullivan, ” Gulel, enshrines, Sen didn’t, unionize, ” Ozak Tekstil, ” Levi’s, Scott Nova, ” Nova, “ Ozak, Carolin Westermann, Funda Bakis, CNN Bakis, Bakis, ” Bakis, Tanem Zaman, Eyad Kourdi, Brice Laine Organizations: Istanbul CNN —, ’ Association, Worker Rights Consortium, CNN, Birtek, WRC, Ozak Locations: Istanbul, Turkey, Turkey’s Sanliurfa, San Francisco , California, Sanliurfa

☆ Stocks making the biggest moves midday: Rivian Automotive, FedEx, Whirlpool and more
▼ + stars: | 2024-06-26 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

FedEx — Shares of the company moved more than 14% higher after topping Wall Street's fiscal fourth-quarter expectations . The shipping giant earned $5.41 per share, after adjustments, on $22.11 billion in revenue. Analysts polled by LSEG were expecting earnings of $5.35 per share and revenue of $22.07 billion. Aptiv — Shares of the automotive technology company plunged 10% following Piper Sandler's downgrade of the stock to underweight from neutral . Paychex posted adjusted earnings of $1.12 per share, which is above the $1.10 earnings per share that analysts polled by LSEG were expecting.

Persons: LSEG, Bosch, Piper, Mills, Paychex, Grindr, Campbell, —, Alex Harring, Lisa Kailai Han, Scott Schnipper, Sarah Min, Michelle Fox Organizations: Volkswagen Group, FedEx —, Whirlpool —, Reuters, Rivian, MNC Capital Partners, JPMorgan, Campbell

☆ Inside Elon Musk's burn book — the non-exhaustive list of billionaires he's fought with in 2024
▼ + stars: | 2024-06-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Elon Musk's ire this year has extended from Mark Zuckerberg to MacKenzie Scott. The mercurial billionaire has often fired insults and traded barbs at his contemporaries on X. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: Elon, Mark Zuckerberg, MacKenzie Scott, Mark Cuban, —, Elon Musk, hasn't, Musk, BBC's James Clayton Organizations: Elon, Service, Business

☆ Citi strategist says stocks may be due for pullback because of too-high earnings expectations
▼ + stars: | 2024-06-26 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Stocks could be due for a pullback this summer given high second-quarter earnings growth expectations, according to Citi. In the second quarter, S & P 500 companies are expected to post a year-over-year earnings growth rate of 8.8%, according to a FactSet estimate. That is a forecast Chronert said is "probably a reach," especially for the 493 S & P 500 companies outside of Nvidia and the megacaps. .SPX YTD mountain S & P 500 Last week, Chronert was among several strategists on the Street to hike their S & P 500 year-end target on the strength of a handful of megacap tech stocks that have carried the broader index to all-time highs. According to a CNBC Pro survey , strategists on a median basis anticipate the S & P 500 will rise to just 5,500 by the end of the year.

Persons: Scott Chronert, Chronert, CNBC's, Goldman Sachs Organizations: Citi, Nvidia, ISI, CNBC

☆ North Korea's Kim Jong Un could get his hands on some worrying military tech in exchange for throwing Russia a war lifeline
▼ + stars: | 2024-06-26 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Support from North Korea — in the form of weapons and ammunition — helps Russia keep up the pressure. KCNA via REUTERSOne of the biggest asks from Kim could be technology for nuclear-powered submarines, which North Korea is trying to build. North Korea currently maintains one of the world's largest fleets, with estimates ranging from 64 to 86 total subs. Much of the country's stockpiles date back decades, and US and South Korean officials have raised doubts about the effectiveness of these weapons. AdvertisementBut how this plays out is not all about what North Korea wants.

Persons: —, Kim Jong, Kim, Putin, Victor Cha, Kim Jae, Getty Images Putin, Cha, JUNG YEON, Kurt Campbell, There's, Scott Snyder, he's Organizations: Service, Business, Center for Strategic, International Studies, East, SOUTH, Getty Images, North Korea —, KCNA, REUTERS, Korean, Fighter, Korean People's Army, Reuters, Korea's Air Force, North, CSIS, Korea Economic Institute of America Locations: Korea, Ukraine, Moscow, Pyongyang, Russia, Asia, East Asia, North Korea, SEOUL, SOUTH KOREA, Yongsan, Seoul, Russian, South Korea

☆ NYC shuttered 80% of its Airbnbs in an attempt to make housing more affordable. All that's done so far is make hotels more expensive.
▼ + stars: | 2024-06-26 | by ( Eliza Relman | Dan Latu | ) www.businessinsider.com time to read: +8 min

Read previewLast September, New York City began enforcing its strict new regulations on short-term rentals. Since then, the number of legal short-term rentals listed on Airbnb and other platforms has plummeted. Impacts of the near-banLL18 was motivated by the city's housing affordability crisis, caused in large part by a severe housing shortage. Short-term rentals, including Airbnbs, can take homes that would otherwise be lived in full-time off the market, potentially exacerbating the housing shortage. But there's some evidence, including from Irvine, California, that restricting short-term rentals can reduce rents.

Persons: —, it's, Jamie Lane, Lane, hasn't, Klossner, LL18, Eric Adams, TIMOTHY A, CLARY, Scott Stringer, Airbnb, It's, Nathan Rotman Organizations: Service, Business, Mayor's, Criminal, Special, York City, Hotel, Former, Big Apple, New Locations: New York City, New, York, Irvine , California, New York

☆ Three-Stock Lunch: Nvidia, Walmart & Pool
▼ + stars: | 2024-06-25 | 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 EmailThree-Stock Lunch: Nvidia, Walmart & PoolScott Nations, Nations Indexes president, joins 'Power Lunch' to discuss stock plays for Nvidia, Walmart and Pool.

Organizations: Nvidia, Walmart, Scott Nations

☆ Wisconsin residents still picking up the pieces of the failed Foxconn project
▼ + stars: | 2024-06-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWisconsin residents still picking up the pieces of the failed Foxconn projectCNBC’s Scott Cohn joins 'Power Lunch' to discuss the fallout from the failed attempt to build Foxconn in Wisconsin.

Persons: CNBC’s Scott Cohn Organizations: Wisconsin Locations: Wisconsin

☆ ‘Months to correct, if not years’: Car dealerships and customers feel the impact as CDK outage drags on
▼ + stars: | 2024-06-25 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +7 min

“The financial impact it will directly have on us will take months to correct, if not years,” Callahan said. Tom McParland, the owner of Automatic Consulting, a national car buying service, said the outage was impacting customers because they have fewer dealers to choose from. “It limits the customer’s leverage.”Some dealers also can’t apply factory rebates without CDK’s software, so customers may miss out on money-saving deals. Under normal circumstances, the CDK software allows the dealership to register a vehicle almost instantaneously, but now the process faces heavy delays. He told CNN he was able to buy the car but was unable to sign the title.

Persons: Ryan Callahan, ” Callahan, CDK, Tom McParland, ”, McParland, Michael Deveney, “, ” Deveney, Katelyn Salvato, hasn’t, Salvato, …, We’ve, they’ve, Scott Campbell, Nicolas, CNN they’ve, Don Aycock, Robbie Jacob, Jacob, Tekion Organizations: New, New York CNN, Mazda, North America, Automatic Consulting, Midway Automotive, Massachusetts, of Motor Vehicles, Pride Motor Group, “, DMV, CNN, Massachusetts Department of Transportation, Capital City Buick GMC, Porsche, Buick, Diego —, Kia, Cox Automotive Locations: New York, Seekonk , Massachusetts, Lynn, Berlin , Vermont, Los Angeles, ”, Clay County , Florida, Diego

☆ Great savers could face a 'tax time bomb' in retirement, advisor says — here's how to avoid it
▼ + stars: | 2024-06-25 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

If you're nearing retirement with a large pre-tax 401(k) plan or individual retirement account balance, you need a plan for managing future levies, financial experts say. Great savers could face a "tax time bomb" in retirement when required withdrawals kick in, said certified financial planner Scott Bishop, partner and managing director of Presidio Wealth Partners in Houston. RMDs are typically tied to pre-tax retirement accounts, which incur regular income taxes for withdrawals. Those RMDs could push some retirees into a higher tax bracket, according to Bishop, who is also a certified public accountant. Those lower rates are scheduled to sunset after 2025 without an extension from Congress.

Persons: Scott Bishop, Joe Biden Organizations: Presidio Wealth Partners, Finance Locations: Houston

☆ Watch Tuesday's full episode of the Halftime Report — June 25, 2024
▼ + stars: | 2024-06-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Tuesday's full episode of the Halftime Report — June 25, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ Why the stock market could surge 4% to record highs by the end of July
▼ + stars: | 2024-06-25 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

AdvertisementThe best days and weeks of the year for the stock market are around the corner. If history is a guide, that suggests the S&P 500 could surge 4% next month to record highs, according to Goldman Sachs. Goldman SachsWhat's more, recent market trends show that July as a whole has been incredibly bullish for the stock market. If similar seasonal trends play out this year, a near-4% gain would catapult the S&P 500 to a new record at 5,665 based on current levels. As to what could drive more bullish returns over the coming weeks, Rubner highlighted that a record cash pile of more than $7 trillion sitting in money market funds could soon flood the market.

Persons: Goldman Sachs, —, Scott Rubner, Rubner, NDX Organizations: Nasdaq, Service

☆ Fewer Americans are buying life insurance. Here's when you might need it
▼ + stars: | 2024-06-25 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Overall, the share of households with life insurance has "steadily" decreased since the early 1970s, according to the NAIC. That said, even as fewer people buy life insurance, "I do think there's a need for it," he added. What type of life insurance to buyThere are two broad types of life insurance: Term and permanent. Permanent life insurance, such as a whole or universal life policy, is meant to last throughout life. How much life insurance to getLuca Sage | Digitalvision | Getty Images

Persons: Knoll, Shapiro, Scott Shapiro, —, Luca Sage Organizations: Planning Center . Insurance, Getty, Illinois Department of Insurance, KPMG, Digitalvision

☆ States hit federal jackpot with tech and infrastructure funding, but who really wins?
▼ + stars: | 2024-06-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStates hit federal jackpot with tech and infrastructure funding, but who really wins? Businesses demand incentives, states and the federal government happily hand them over. But does anyone really win in the end? It's a debate CNBC's Top States for Business has long covered. Scott Cohn reports on the latest from Wisconsin.

Persons: Scott Cohn Organizations: Business Locations: States, Wisconsin

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