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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther dips below $3,500 ahead of anticipated U.S. launch of spot ether ETFs: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, David Duong, head of institutional research at Coinbase, weighs in on the impact for crypto after President Biden drops his reelection bid and a new Democratic challenger is poised to take on Donald Trump, who is now pro-crypto.
Persons: explainers, David Duong, Biden, Donald Trump Organizations: CNBC Crypto, CNBC, Democratic
When the Federal Reserve raises rates, the interest rate on your savings account tends to go up, too. See the best savings account rates right now »If you bank with an online institution, you may have received an email or message from your bank that the interest rate on your high-yield savings account is going up. The interest rate on a high-yield savings account fluctuates and isn't fixed. This means if you open an high-yield savings account, its normal to see the interest rate go up or down over time. If the Federal Reserve lowers interest rates, savings interest rates will usually drop.
Persons: Marguerita Cheng, Cheng, they've, you've Organizations: Federal, Federal Reserve, CFP, RICP, Blue, Global Wealth, FDIC
Unless you find a high interest rate on a no-penalty CD, you'll likely prefer a savings account. No-penalty CDs vs. Savings AccountsIf you're deciding between a no-penalty CD and a savings account, there are two distinctions you'll want to pay close attention to: the interest rate and when you can deposit or withdraw money. Get Exclusive Savings with Raisin: Compare market leading no-penalty CD and savings accounts with a no-fee Raisin account. "You should only choose a no-penalty CD if the rate is significantly higher than a high-yield savings account," says Carlos. Savings accounts allow more accessibility to your money than a no-penalty CD since you can deposit money into a savings account at any time.
Persons: you'll, Alvin Carlos, Carlos, Jerel Butler, Butler Organizations: Federal Reserve, Federal, CFA, CFP, District Capital Management, Governors, Millenial
High-yield savings accounts and standard savings accounts are both federally regulated and liquid. But a high-yield savings account will likely be a stronger choice for storing your money than a traditional savings account. Savings accounts similaritiesHigh-yield savings accounts are essentially the same as any other savings account. Compare savings ratesSavings accounts differencesHigh-yield savings accounts are designed to make your money work in a way typical savings can't. The main difference between the typical savings account and a high-yield savings account is how much more your account will grow.
Persons: they're, you'd Organizations: Federal Reserve Locations: U.S
To determine the best banks in Florida, we reviewed the biggest banks and credit unions in the state. Best Banks and Credit Unions in FloridaBank of America: Best bank for opening a checking accountAlly: Best bank for opening a savings accountVyStar Credit Union: Best credit unionCompare Financial Institutions in FloridaThe best banks in Florida have a wide variety of banking products and are also accessible throughout the state. For our top savings account pick, we chose an online bank with a competitive savings account interest rate. Best Banks in Florida ReviewsBest banks and credit unions in Florida Bank of AmericaAlly BankVystar Credit Union Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Editor's rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Category Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.
Persons: Ally, VyStar, Wells, Mykail James, Amex aren't, Sophia Acevedo, Tania Brown, Roger Ma Organizations: Bank of America, VyStar Credit Union, Banks, Credit Unions, Florida Bank of America, Credit, Best Bank, of America, New Bank of America, Ally Bank, VyStar, Credit Union, Florida Bank of America Ally Bank, Credit Union Chevron, Chevron, Bank of America's, Best, Ally, SunCoast Credit Union, VyStar Credit, Better, — Bank of America, MasterCard, Business Locations: Florida, Georgia, Canada, Mexico, Chevron, Wells, Truist
up to 4.60% Minimum Opening Deposit $0 Bonus up to $300 Pros Check mark icon A check mark. Easy to save for various goalsCheck mark icon A check mark. A savings account with buckets can be a great tool for growing savings goals. Many banks offer savings accounts with buckets; some of our favorites are Ally Bank's Ally Savings Account, Betterment's Betterment Cash Reserve Account, and Capital One 360's Capital One 360 Performance Savings. Savings buckets work by dividing your savings account into different categories that you can label, letting you easily save up for individual savings goals.
Persons: Doesn't, you've, it's, you'll, Sallie Mae, Sallie Mae's, Ally Organizations: SoFi Bank, FDIC, Green, Ally Bank, Capital, Milli, National Bank of, Navy Federal Credit Union, Federal Credit Union, Department of Defense, Federal, Walmart, Coastal Community Bank, Savings Locations: N.A, NY, LA, TX, VA, NJ, Washington, National Bank of Omaha, Kansas City, NBKC, Kansas City , MO
For Fashion, Sports Stars Are the New Superstars
  + stars: | 2024-07-21 | by ( Vanessa Friedman | ) www.nytimes.com   time to read: +1 min
In the late 1990s, something strange started happening on the cover of glossy magazines. Instead of models, movie stars increasingly became the faces of choice. And not just in the world of men’s wear, which has long embraced the sports world as part of the fashion world for reasons related to long-held gender stereotypes), but in all worlds. “Sports stars are the new Hollywood stars,” said Jens Grede, a co-founder of Skims, a brand that reached a $4 billion valuation in four years in part by focusing campaigns on athletes. star Shai Gilgeous-Alexander, the Olympic gold medal gymnast Sunisa Lee and a host of W.N.B.A.
Persons: Linda Wells, , , Jens Grede, Shai Gilgeous, Alexander, Sunisa Lee, Skylar Diggins, Smith, Cameron Brink
CNN —Incoming Utah State cornerback Andre Seldon Jr. died Saturday in an apparent cliff-diving accident at a reservoir about 20 miles from the school’s campus, the university said in a statement. The university identified the victim as Seldon, 22, who was joining the football team this year after two seasons at New Mexico State University and two at the University of Michigan. “Our football program is heartbroken to have to endure the loss of one of our own,” said Utah State interim Head Coach Nate Dreiling, who had joined the program after serving as New Mexico State’s defensive coordinator for two seasons. Seldon, who played all 15 New Mexico State games in 2023, transferred into the football program over the summer and was set to start classes this fall, according to the university. “Having had a previous relationship with Andre during our time together at New Mexico State, I can tell you he was an incredible person and teammate,” Dreiling said.
Persons: Andre Seldon Jr, Seldon, , Nate Dreiling, Andre, ” Dreiling, , ” Seldon, Danielle Smith, Andre Seldon Sr Organizations: CNN — Incoming Utah State, Utah Department of Public Safety, New Mexico State University, University of Michigan, Utah State, New Mexico State’s, New Mexico State, , New, Athletics Locations: Utah, New Mexico, New Mexico State
Ayana Dunlap changed careers and increased her earning potential over the course of a summer — and she did it without a bachelor's degree, or spending a dime. Suddenly, the hospitality career Dunlap had dreamed of having since she was a teenager seemed "impossible" to return to. Dunlap says she was worried her job opportunities would be limited without a bachelor's degree. She has an associate's degree in business administration and had exclusively worked in hospitality up to that point. The most important skill that helped Dunlap land a six-figure tech job without a bachelor's degree, she says, is cybersecurity.
Persons: Ayana Dunlap, Dunlap, She's Organizations: Google, Bank Policy Institute, CNBC Locations: Virginia, Scholas, New York, Gaithersburg , Maryland, Washington ,, Dunlap
‘Twisters’ and the Appeal of the Sequel
  + stars: | 2024-07-20 | by ( Melissa Kirsch | ) www.nytimes.com   time to read: +2 min
That movie is “Twister,” the story of a lovably eclectic band of tornado chasers who follow soon-to-be-divorced Bill Paxton and Helen Hunt right into the eye of many storms. We got cows.”One friend said she watched it every single time she happened upon it on cable. As Janet Maslin wrote in The Times when the movie came out, “Somehow ‘Twister’ stays as uptempo and exuberant as a roller-coaster ride, neatly avoiding the idea of real danger.”This week, “Twisters,” a sequel to “Twister,” directed by Lee Isaac Chung, arrived in theaters. I didn’t have a deep-rooted relationship with the original film, but, fresh off my positive viewing experience, I didn’t feel like I needed another chapter. Why can’t we just make one good thing and then make another new thing that’s also good?
Persons: Bill Paxton, Helen Hunt, Philip Seymour Hoffman, Dorothy ”, Julia, Hoffman, Alan Ruck, Jami Gertz, Lois Smith, Todd Field, I’d, Janet Maslin, , , , Lee Isaac Chung, Glen Powell, Charlie Organizations: Times
The red brick outer walls of First Baptist Dallas Church were singed black on Saturday morning, and though they were still intact, along with the steeple at the front of the historic building, there was no sanctuary within. Ms. Smith wiped tears from her eyes with a tissue as she talked about the sanctuary, with its dark wood pews and ornate carvings. There was a library in the church, she said, along with a printing shop and the offices of former pastors. Mr. Smith began to talk about what was lost when he trailed off, looking at the smoldering remains. Church members and other residents of the Dallas area mourned on Saturday the severe damage to the sanctuary, a landmark in the heart of Dallas where many of the megachurch’s members have been baptized, married and memorialized.
Persons: Larry Smith, Rita, Smith Organizations: Baptist Dallas Church Locations: Arlington , Texas, Dallas
The PaintingAs you may recall, the painting you just spent time with is “Nocturne in Blue and Silver,” by the American artist James McNeill Whistler. As you look further down the painting, things start to get confusing. As you look further down the painting, things start to get confusing. She believes Whistler may have started the painting one way and then simply changed his mind, flipped the panel upside down and started over. (She recommended this Whistler painting for our exercise.)
Persons: James McNeill Whistler, Lauren O'Neil, Whistler, Kate Smith, Smith, , Gloria Mark, you’re, Roberts, , Roberts’s, Mark Organizations: New York Times, Harvard Art, The New York Times, Harvard Art Museums, University of California, Harvard Locations: American, London, brushy, Irvine
Activist Commentary: Starboard is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. On July 15, Starboard sent a letter to Match highlighting various opportunities to improve operations, financial results and capital allocation. Match's EBITDA margin of 36% may be high for an average company, but it's low for a company like Match. Starboard thinks that this is a highly valuable asset that may be well-suited to operate as a private company. Starboard is not the first activist to launch a public campaign at Match.
Persons: Russell, Bernard Kim's, Jeff Smith, Thomas McInerney, Smith, Elliott, Ken Squire Organizations: IAC, Altaba, Yahoo, Elliott Management, Anson, 13D
One rare exception to this was the Tanker War that was a part of the larger Iran-Iraq War in the 1980s. "And that's why I compare that more so to World War II than, I'd say, even outpacing what was seen during the Tanker War." Specifically from the perspective of the almost non-stop air-defense engagements, the Red Sea fight has definitely been more intense than anything the US Navy has seen since World War II, including the Tanker War, he said. AdvertisementThe Second World War was much more intense given the fleets that were facing off. "Certainly, it's the most intense air-defense challenge we've encountered in a long time," Macy said of the Red Sea fight.
Persons: , Houthi, Mason, Dwight D, Cmdr, Justin Smith, Samantha Alaman, Carney, Smith, Eisenhower, Archer Macy, Mark Duncan, Macy, we've Organizations: Service, US Navy, Business, Eisenhower Carrier Strike Group, Navy, Tanker, AP, Center for Strategic, Studies ' Missile Defense, US Locations: Gulf of Aden, Korea, Vietnam, Iran, Iraq, Gulf, Aden, Persian Gulf, Tehran, Iraqi, Red, Persian, Salle, La Salle, Okinawa, Yemen
One rare exception to this was the Tanker War that was a part of the larger Iran-Iraq War in the 1980s. "And that's why I compare that more so to World War II than, I'd say, even outpacing what was seen during the Tanker War." Specifically from the perspective of the almost non-stop air-defense engagements, the Red Sea fight has definitely been more intense than anything the US Navy has seen since World War II, including the Tanker War, he said. AdvertisementThe Second World War was much more intense given the fleets that were facing off. "Certainly, it's the most intense air-defense challenge we've encountered in a long time," Macy said of the Red Sea fight.
Persons: , Houthi, Mason, Dwight D, Cmdr, Justin Smith, Samantha Alaman, Carney, Smith, Eisenhower, Archer Macy, Mark Duncan, Macy, we've Organizations: Service, US Navy, Business, Eisenhower Carrier Strike Group, Navy, Tanker, AP, Center for Strategic, Studies ' Missile Defense, US Locations: Gulf of Aden, Korea, Vietnam, Iran, Iraq, Gulf, Aden, Persian Gulf, Tehran, Iraqi, Red, Persian, Salle, La Salle, Okinawa, Yemen
In today's big story, President Biden's comeback plan isn't working , and Democratic leaders are ready to move on . President Joe Biden's reelection campaign appears to be on its last legs as calls within his party have grown from whispers to shouts since his disastrous debate last month. AdvertisementBut perhaps the biggest blow to Biden's reelection campaign came with the news that his former running mate has doubts. But for some Democrats, the risk of Biden continuing his reelection campaign could extend from the White House to Capitol Hill. Still, despite mounting pressure, Biden's campaign has remained steadfast about his reelection bid.
Persons: , Biden's, Mario Tama, Tyler Le, Joe Biden's, it's, Insider's Brent D, Griffiths, Sen, Bernie Sanders, Biden, doesn't, That's, BI's Bryan Metzger, Chuck Schumer, Hakeem Jeffries, Nancy Pelosi, Sarah Gray, Kelsey Vlamis, Barack Obama, Kent Nishimura, don't, Schumer, Jeffries, Adam Schiff, Quentin Fulks, Cros, Steve Schwarzman, it'll, Michael M, Jensen, Goldman Sachs, Peter Naylor, Amy Reinhard, Jamie Dimon's, cushy, Ernst & Young, Joe Biden, Kamala Harris, It's, Harris, Harvey Weinstein, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, American Airlines, United Airlines, Democratic, Business, Getty, Trump, Biden, Capitol, Case, Senate, Wall, Google, Bank of America, Blackstone, Nvidia, Netflix, EV, Mercedes, Benz, Warner Bros Discovery, Warner Bros, Discovery, WarnerMedia, Investors, JPMorgan, McKinsey, Ernst, American Express, Convention Locations: Crowdstrike, Biden's, AFP, New York, London
Here’s what to know if you’re planning to travel this weekend. David J. Phillip/APUS-based carriers American Airlines, United Airlines, Delta Air Lines, Allegiant Airlines, SunCountry and Frontier Airlines all reported issues on Friday. Crews have limits on their working hours, so staffing challenges cascade along with flight delays. That all depends on the type of ticket you have, the airline you’re flying with and whether you have travel insurance (which is always a good idea). If you’re set to travel soon, wherever you are in the world, it’s worth double checking your individual journey status before you travel.
Persons: What’s, It’s, CrowdStrike, David J, Phillip, Cirium, it’s, William Sikora III, you’re, ” Lousson Smith, Aaron Chown, Trenitalia Organizations: CNN, Microsoft, United Airlines, American Airlines, Delta Air Lines, Allegiant Airlines, Frontier Airlines, Federal Aviation Administration, FAA, Ryanair, Air, Turkish Airlines, KLM Royal Dutch Airlines, AirAsia, Dubai, Philadelphia International, Berlin, Amsterdam’s, Edinburgh Airport, CNN Travel, EU, Insurance, Airlines, British Airways, National Rail, Washington , D.C, Washington Metropolitan Area Transit Authority, Metropolitan Transportation Authority, MTA Locations: Air France, Europe, ” Spain’s, Madrid, Barcelona, Delta, , London's Victoria, London, Italy, Washington ,, New York
Most notably, the 10th track, "Can You Feel Me," includes a feature from Glover's eldest son, Legend. "I think grace is undervalued in the world," Glover told The New York Times. Glover shares three children with his wife, Michelle White: Legend, Drake, and DonaldGlover was initially linked to White in 2016. "This song is dedicated to everybody in this crowd and my young son, Legend," Glover said onstage before performing "Baby Boy," per Billboard. Two years later, Glover revealed he and White had welcomed a third child "during the coronavirus."
Persons: , Donald Glover, Childish Gambino, Glover, Bando Stone, Gambino, Daddy, God, Michelle White, Drake, White, Glover didn't, Michelle, Michaela Coel, George Floyd, Donald Glover Sr, Smith, Lionel Hahn, Glover cocreated, Maya Erskine Organizations: Service, Business, New York Times, Governors Ball, Hollywood Locations: White, Hawaii
When Kema Ward-Hopper uprooted her family — and career — to relocate from the U.S. to Costa Rica six years ago, she wasn't sure what to expect. She and her husband Nicholas quit their corporate jobs as a research analyst and mortgage broker, respectively, in Houston, Texas, to pursue new careers as entrepreneurs abroad. "I work 25 hours a week now," she says. "A heavy week is about 30 hours a week, but that is rare and happens about once a month." Last year, Ward-Hopper's different income streams earned her about $10,500, according to financial documents reviewed by CNBC Make It.
Persons: Kema, Hopper, , Nicholas, Aaralyn Organizations: U.S . Ward, CNBC Locations: U.S, Costa Rica, Houston , Texas, Costa, Nicoya, Spanish
Opinion | J.D. Vance and the Tech-Trad Alliance
  + stars: | 2024-07-19 | by ( Ross Douthat | ) www.nytimes.com   time to read: +3 min
Just over seven months ago, the talented pseudonymous writer Trace Woodgrains wrote an essay announcing the Republican Party’s doom — not the doom of electoral irrelevance, since the G.O.P. Vance as Donald Trump’s running mate and the recent surge of support for Trump’s campaign from Silicon Valley, Woodgrains reconsidered the durability of his diagnosis. The Vance pick, he wrote, suggests that “the G.O.P. is looking to make an appeal to anti-woke Silicon Valley or finance types to fill the void left by the Republican Party’s competency crisis,” with Vance himself as an exemplar of what a right-leaning counter-elite might look like. suddenly has more support in Silicon Valley than in 2020 or 2016.
Persons: Trace Woodgrains, , Woodgrains, Trump, J.D, Vance, Donald Trump’s, it’s, Peter Thiel, it’s Elon Musk, Marc Andreessen, pander, Reed Albergotti, Noah Smith Organizations: Biden, Republican, Cathedral Locations: United States, Silicon Valley
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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin posts 15% weekly gain amid broader crypto rally: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World explores how blockchain analytics firms partner with the private and public sectors to track down stolen funds.
Persons: explainers Organizations: CNBC Crypto, CNBC
How ‘Twisters’ Destroys a Motel
  + stars: | 2024-07-19 | by ( Mekado Murphy | More About Mekado Murphy | ) www.nytimes.com   time to read: +3 min
My name is Lee Isaac Chung and I am the director of “Twisters.” So this is a scene that happens about halfway through the film. Other interesting actors in this sequence, we have James Paxton, who is actually the son of Bill Paxton. So any time we’re filming inside of this swimming pool, there were people outside, our crew, who were destroying the set. The swimming pool had actually never been there. We had found this motel in which there were three separate structures within the motel.
Persons: Lee Isaac Chung, , Kate, Daisy Edgar, Jones, Tyler, Glen Powell, James Paxton, Bill Paxton, Lily Smith, Mark L, Smith, Samantha Ireland, Aila Grey, Jeff Swearingen, Scott Fisher, he’s yanked, Jeff, Geoff Haley
"The only way we're going to be able to keep up with the kind of power demand and the electrification that's already afoot is natural gas," Williams Companies CEO Alan Armstrong said in an interview Thursday. Williams Companies handles about one-third of the natural gas in the U.S. through a pipeline network that spans more than 30,000 miles. Some of the largest independent data center developers, which build the infrastructure that houses servers for other companies, have approached Williams to receive natural gas capacity directly from the company's pipelines, Armstrong said. We've run out of alternatives — we can't meet the needs of our customers without using natural gas,'" Armstrong said, without disclosing names. Williams projects natural gas to demand to grow 18% from 2023 through the end the decade across all sources of consumption, including power generation and liquid natural gas, Armstrong said.
Persons: Alan Armstrong, Williams Cos, Carter Smith, Williams, Armstrong, We've, We're Organizations: P Global, Bloomberg, Getty, CNBC, Williams, Williams Companies, Transcontinental, U.S, Dominion Energy, Southern Company Locations: Houston , Texas, U.S, Virginia, Georgia, Turkey, Atlanta
The crowds inside the hall in downtown Milwaukee for the Republican National Convention this week reflected the mood of the party: unified, abundant, exhilarated. If the state of the opposition could be summed up by the demonstrations outside the arena, it was quite the opposite: disjointed, sparse, gloomy. Protests through the week in Milwaukee have appeared far smaller and less energetic than those at past national conventions. At the last in-person Republican convention, in 2016, a coalition of protesters rallied in Cleveland for days, angry over the nomination of former President Donald J. Trump. That week was marked by scuffles, standoffs with police and the burning of an American flag outside the convention hall.
Persons: Donald J Organizations: Republican National Convention, Republican, Trump Locations: Milwaukee, Cleveland, American
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