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AdvertisementApollo CEO Marc Rowan has transformed Apollo since he took over as CEO in 2021. Here's what could happen to Rowan's vision if he leaves and who might fill his shoes. Since Marc Rowan took over Apollo Global Management in 2021, he's transformed the firm — sending the stock skyrocketing. Rowan is Apollo's second CEO since the firm was founded in 1990. AdvertisementJosh Harris, another founder, was also reportedly in the running for CEO, but Rowan got the job.
Persons: Marc Rowan, Donald Trump, he's, Chris Kotowski, Oppenheimer, Rowan, Kotowski, Marc, Apollo's copresidents, Scott Kleinman, Jim Zelter, Grant Kvalheim, Apollo didn't, Leon Black, Jeffrey Epstein, Apollo, Black, Epstein, Josh Harris, Harris, Athene, Kleinman, Trump, it's Organizations: Apollo Global Management, Trump White House, APO, Washington, Apollo, Zelter, Citigroup, Athene, Trump Locations: Athene USA
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer reiterated his belief that the big-picture rollout of Blackwell is fine. Jim Cramer said he sees "a great opportunity" to buy Crowdstrike as shares fall nearly 2% Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Stocks, Jim, we're, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, Blackwell, Target, Costco, Walmart, Club, Palo Alto Networks, Disney, Williams, JPMorgan, Delta Air Lines Locations: Sonoma
AdvertisementApollo CEO Marc Rowan has transformed Apollo since he took over as CEO in 2021. Since Marc Rowan took over Apollo Global Management in 2021, he's transformed the firm — sending the stock skyrocketing. Representatives for Apollo didn't return a request for comment on Rowan's plans or the firm's succession plans. Rowan is Apollo's second CEO since the firm was founded in 1990. In a presentation to investors in October, Rowan unveiled plans to double down on the firm's lending business.
Persons: Marc Rowan, Donald Trump, he's, Chris Kotowski, Oppenheimer, Rowan, Kotowkski, Marc, Kotowski, Scott Kleinman, Jim Zelter, Grant Kvalheim, Apollo didn't, Leon Black, Jeffrey Epstein, Apollo, Black, Epstein, Josh Harris, Harris, Athene, Kleinman, Zelter, Trump, it's Organizations: Apollo Global Management, Trump White House, APO, Washington, Apollo, Citigroup, Athene, Trump Locations: Athene USA
Simply put, the leading maker of AI chips again fell victim to the curse of high expectations. Through its Nvidia AI Enterprise service, Nvidia is in the process of building out a potentially massive software business. Now, as we start this next generation, we'll be seeing models run on 100,000 Blackwell chips — and scaling is still in effect. Huang's argument is that going beyond 100,000 Blackwell chips will yield even more capable models. It's a fair question to ask because Nvidia's stock has historically taken a pretty big hit when its customers – such as cloud-computing providers – start uttering that phrase.
Persons: That's, Nvidia's, Blackwell, Colette Kress, Hopper, Kress, Jensen Huang, Huang, there's, Jim Cramer's, Jim Cramer, Jim, Akio Kon Organizations: Nvidia, Revenue, Enterprise, Devices, Intel, Hopper, Blackwell, Microsoft, Meta, CNBC, Nvidia Corp, Summit Japan, Bloomberg, Getty Locations: U.S, Tokyo, Japan
AdvertisementPristina Mok has worked at some of Singapore's top Michelin-star restaurants, like Odette and Zen. After a few years at Odette, she worked at Zen, a three-Michelin-star restaurant serving Nordic dishes with Asian influences. Fine dining, apartment-styleMok's cozy fine dining restaurant seats eight guests three times a week. Aditi BharadeUpon entering Fragment, guests are often greeted by Pebble, Mok's poodle. AdvertisementScaling down has its drawbacksWhile her husband helps her plate and serve the dishes, Mok handles most of the workload.
Persons: Pristina Mok, Odette, Mok, Aditi Bharade, Lionel Lim, Aditi Bharade Mok, , hadn't Organizations: Michelin, National Gallery of Singapore, Zen, Raffles Locations: Pristina, Mok's, Singapore, Hokkaido
AdvertisementPristina Mok has worked at some of Singapore's top Michelin-star restaurants like Odette and Zen. After a few years at Odette, she worked at Zen, a three-Michelin-star restaurant serving Nordic dishes with Asian influences. Fine dining, apartment-styleMok's cozy fine dining restaurant seats eight guests three times a week. Aditi BharadeUpon entering Fragment, guests are often greeted by Pebble, Mok's poodle. AdvertisementScaling down has its drawbacksWhile her husband helps her plate and serve the dishes, Mok handles most of the workload.
Persons: Pristina Mok, Odette, Aditi Bharade, Mok, Lionel Lim, Aditi Bharade Mok, , hadn't Organizations: Michelin, National Gallery of Singapore, Zen, Raffles Locations: Pristina, Mok's, Hokkaido
Get the most out of these tax-favored accounts in 2025
  + stars: | 2024-11-20 | by ( Darla Mercado | Cfp | ) www.cnbc.com   time to read: +4 min
Benefits enrollment season is here, and with it comes an opportunity for workers to tune up their workplace savings plans and sock away more money on a tax-favored basis. Traditional tax-deferred accounts, like 401(k) plans and individual retirement accounts, are just the beginning for savers. As tempting as it may be for savers to plow money into HSAs and other tax-favored accounts, they'll need to draw up a strategy before they do so. They can also earmark additional funds toward 529 college savings plans and taxable brokerage accounts. In a tax-deferred account, investors won't be on the hook for the tax bill until they begin drawing down from it.
Persons: Marguerita Cheng, Cheng Organizations: Devenir, Blue, Global Wealth, UBS, Chief Investment Locations: Gaithersburg , Maryland
In today’s edition, White House correspondent Mike Memoli files a dispatch from Rio de Janeiro on President Joe Biden's final international summit. Biden fades into the background at his final international summitsBy Mike MemoliRIO DE JANEIRO — President Joe Biden’s final international summits almost certainly would have played out differently had the elections back home gone as he had hoped. But President-elect Donald Trump cast a long shadow over a seemingly humbled Biden as he bid farewell to his counterparts here. Read more → 🥊 Democrats’ next fight: Minnesota Democratic Party Chairman Ken Martin became the second candidate to jump into the race to lead the Democratic National Committee. Read more →Minnesota Democratic Party Chairman Ken Martin became the second candidate to jump into the race to lead the Democratic National Committee.
Persons: Mike Memoli, Joe Biden's, Steve Kornacki, Biden, Joe Biden’s, Donald Trump, , Trump, , Xi Jinping, Justin Trudeau, ” Trudeau, ” Biden, Joe Biden, Hillary Clinton, Clinton, It’s, Barack Obama, Dasha Burns, Dane, Kamala Harris, Steve, , edu, tim e Organizations: NBC, White House, Capitol, White, APEC, Canadian, Trump, , NBC News, Democratic, Republican, Hialeah, voters, Gwinnett, Biden, Trump’s, ics Locations: Rio de Janeiro, JANEIRO, Brazil, Peru, China, Japan, South Korea, America, Lima, Rome, , Maricopa County , Arizona, Maricopa County, Maricopa, Phoenix, Maryvale, Miami, Dade County , Florida, Cuban, Venezuelan, Doral, Aventura, Gwinnett County , Georgia, The Atlanta, Atlanta, Norcross, Kent County , Michigan, Michigan, Trump, Washoe County , Nevada, Washoe County, Clark County, Erie County , Pennsylvania, Erie, Dane County , Wisconsin, Poli
Since moving to Paris, I've worn a tinted base (sometimes mixed with moisturizer) on my face five times a month at the most. AdvertisementOne of the first things I noticed in Paris was how little makeup most French women wear. AdvertisementI've learned to embrace natural browsFilling my thin, blonde eyebrows with a pencil was part of my makeup routine in the US. AdvertisementI believe my skincare routine has completely improved my complexion, as my face seems plumper, more radiant, and brighter. I hardly ever wear a set of false lashesFalse lashes aren't part of my going-out makeup routine anymore.
Persons: I've, American who's, Amanda Rollins I've, you'd, Iuliia Pilipeichenko, La Roche, I'm Organizations: Maxx Locations: Boston, Paris, American, France, mascara, NUXE Paris
A higher economic growth rate could theoretically boost the government's tax take without the need to raise taxes further, because overall revenues would be higher. The OBR now expects U.K. real GDP growth of 1.1% in 2024, followed by expansion of 2% in 2025, before falling to 1.5%. The Labour government did not immediately respond to CNBC's request for comment on further possible tax changes. 'Desperate' growth ratesThe U.K. economy barely grew in the third quarter, eking out a less-than-expected 0.1% expansion, data from the Office for National Statistics showed Friday. We've had 1% growth, or around 1% growth now since the Financial Crisis.
Persons: Rachel Reeves, James Smith, CNBC's, John Grieve, Reeves, Gieve, , Labour's, ING's Smith, We've Organizations: Treasury, Getty, Labour, Finance, ING, of, CNBC, National Insurance, Office, National Statistics, Gross Locations: London, England
Trump has said that undocumented immigrants share the blame for America’s once-in-a-generation home affordability crisis, but the president-elect’s deportation plans may backfire, driving up the cost of homebuying even further. There is a need for more construction workers, as well: There were 282,000 construction jobs open as of September, according to the Bureau of Labor Statistics. “Immigrant labor is really important for our ability to continue to build homes affordably,” said Tobin. More than one-third of construction workers in the labor force are foreign-born, according to the US Census Bureau’s 2023 American Community Survey. In some states, that share is much higher: In California, New Jersey and Texas, more than half of construction workers are immigrants.
Persons: CNN — Duewight Garcia overstayed, Garcia, ” Garcia, Donald Trump’s, Trump, America’s, Riordan Frost, Frost, ” Frost, Jim Tobin, , Tobin, , Duewight Garcia, Edward Pinto, ” Pinto, Stan Marek, MAREK, it’s, ” Marek, Trump’s, Ohio Sen, JD Vance, ” Vance, Marek, they’re, Jennie Murray, ” CNN’s Tami Luhby Organizations: CNN, New, Joint Center for Housing Studies of Harvard University, National Association of Home Builders, Bureau of Labor Statistics, Pew Research, Survey, American, National Immigration Forum, Trump, Housing Center, American Enterprise Institute, Labor, The New York Times, National Immigration Locations: Honduras, New York City, America, California , New Jersey, Texas, New York, California, Wells Fargo, Houston
AdvertisementI tried 20 breakfast foods from Trader Joe's, from Greek yogurt to pancakes. I tried some of Trader Joe's most popular breakfast foods as part of an ongoing series to review the chain's best items. VERDICT: Because of its convenience, Trader Joe's brioche French toast is worth trying at least once. AdvertisementVERDICT: Though I prefer a more traditional sandwich with actual bread, I'd be willing to buy Trader Joe's eggwich again. I didn't like Trader Joe's chicken-sausage breakfast bowl at allTrader Joe's chicken-sausage breakfast bowl wasn't my favorite.
Persons: Joe's, Wilson, you'll, I'm, I've, I'd, could've, wasn't ravenous, Wilson I've, Savanna, , Joe's eggwich Organizations: Wilson Locations: Savanna, scone
AdvertisementFlorence Pugh, 28, was diagnosed with PCOS and endometriosis at 27. Florence Pugh has opened up about two recent diagnoses that prompted her to freeze her eggs at 27 years old. Speaking on Dear Media's SHE MD podcast with her Beverly Hills gynecologist, Pugh, now 28, discussed the moment she was diagnosed with polycystic ovarian syndrome (PCOS) and endometriosis — conditions that can impact fertility. AdvertisementDr. Thais Aliabadi, the gynecologist who diagnosed Pugh, reacted to her story on the podcast: "That is what women go through every single day." PCOS symptoms also include thinning hair, excess hair growth, acne, and darkened skin.
Persons: Florence Pugh, PCOS, Pugh, Oppenheimer, Oscar, Thais Aliabadi, endometriosis, , I'd, Aliabadi, she'd Organizations: Beverly Locations: London, LA
AdvertisementMeta has good news for Instagram users unhappy with their recommendations algorithm. The company is testing giving users the ability to wipe the slate clean and get new recommended content. Meta is gearing the feature toward teens but it'll soon roll out globally to all users. Sick of the recommended content in your Instagram feed? AdvertisementMeta positioned the feature toward its teen users in its blog post, though it isn't age-specific.
Persons: it'll, Meta, you'll, Instagram, , Adam Mosseri, TikTok Organizations: Meta, Piper
CNN —Officials in Texas are set to vote Tuesday on a new public school curriculum that incorporates lessons from the Bible as early as kindergarten, that provoked criticism from advocacy groups and families across the state. The state Board of Education will vote on revisions to its K-5 reading and English language arts materials, part of Bluebonnet Learning, the Texas Education Agency-developed open education resources. We don’t leave Texans behind.”Ghani also argued that Texas public school teachers are already “overburdened” with the amount of material they’re expected to teach. “But inserting faith-based lessons into public school classrooms, which sounds like what is intended here, is not the study of history or literature. The legislature has also pushed to require that public school classrooms display the Ten Commandments.
Persons: Bill, Jesus, Robert Frost, William Carlos Williams, , Mark Chancey, , Barbara Baruch, “ Don’t, Jonathan Covey, Glenn Melvin, Vitale, ” Melvin, ” David Brockman, , ” Brockman, Shariq Ghani, don’t, ” Ghani, ’ Charles Haynes, Robert Pondiscio, Greg Abbott Organizations: CNN, Education, Texas Education Agency, Texas AFT, Southern Methodist University, Texas, US, Engel, Texas Freedom Network, , Foundation, Texans, Freedom, Association of Religion Data, American Enterprise Institute, Republican Locations: Texas, Rome, Roman, “ Texas, The74, Oklahoma, Louisiana
And Gaetz himself has been making calls to GOP senators and visiting his own loyalists in the House GOP. The pressure is all building ahead of a planned Wednesday meeting of the House ethics panel, which is expected to discuss the fate of the report. But privately, Republicans on the panel are signaling that they could bury the report as Gaetz and Trump are making direct appeals. In a call last week to GOP Sen. Josh Hawley, Gaetz urged him “to give him a shot,” Hawley told CNN. Meanwhile, nearly 100 House Democrats are calling on the House Ethics Committee to “immediately” release the report.
Persons: Matt Gaetz, J.D, Vance, Donald Trump’s, Gaetz, GOP Sen, Chuck Grassley, we’ve, ” Grassley, “ You’ve, , Sen, John Kennedy, Pete Hegseth, Elise Stefanik, Doug Collins, Trump, Lindsey Graham, Judiciary —, Josh Hawley, , ” Hawley, Hawley, Mike Simpson, ” Simpson, , Simpson, Kevin McCarthy, “ Matt, Rogers, Gaetz wouldn’t, Tim Burchett, he’s, Glenn Ivey, Ivey Organizations: CNN, GOP, Capitol Hill, Republican, Trump, Louisiana Republican, Fox News, Department of Defense, United Nations, Veterans Affairs, Judiciary, House, Caucus, Missouri Republican, Republicans, Armed, Democrats, Capitol, Florida congressman, ” Democratic, Maryland Locations: Trump, Louisiana, United, Gaetz, Florida
But it also complicated the diplomatic dance leaders attending the G20 summit must partake in as they navigate the complex geopolitical dynamics of the bloc. Lavrov attended the G20 in place of Russian President Vladimir Putin, who faced questions about whether he could be arrested for war crimes on international soil. In his remarks at the close of the summit, Lavrov also hailed the German government’s refusal to send Taurus cruise missiles to Ukraine as a “responsible stance,” TASS reported. There had been hope among western officials of a strong statement denouncing Russia’s invasion at the conclusion of the summit. American officials were unsurprised to learn Moscow had updated its nuclear doctrine following Biden’s decision on long-range missiles.
Persons: Russia “, Sergey Lavrov, Lavrov, Vladimir Putin, Volodymyr Zelensky, Putin, , Biden, Donald Trump, Olaf Scholz, Emmanuel Macron, It’s, Trump, Mike Waltz, , , We’ve, I’m, Jon Organizations: Rio de Janeiro CNN, West, White House, ” TASS, Ukraine, NATO, Fox News, Trump Locations: Rio de Janeiro, United States, Ukraine, Russia, Russian, Rio ., Moscow, Rio, Florida, New Delhi
"Harry Potter and the Goblet of Fire" (2005) didn't wow fans as much as the other films. The film centers on the Triwizard Tournament. Warner Bros. Audience score: 74%"Goblet of Fire" is the fourth installment in the "Harry Potter" series. "A very solid movie in the 'Harry Potter' franchise," audience reviewer Aiden S. wrote.
Persons: Harry Potter, Aiden S Organizations: Warner Bros
If you still haven’t booked your holiday travel plans, take note: Prices tend to rise the closer you get to the days you’re looking to travel. To afford holiday trips, about 50% of respondents are cutting back on other expenses while 49% are picking up discounts and deals, according to the 2024 Holiday Travel Outlook by Hopper, a travel site. Some last-minute holiday travelers are leaning into so-called “Travel Tuesday” — or the Tuesday after Cyber Monday and Black Friday — which falls on Dec. 3 this year. As you shop, make sure to read the fine print in case discounts only apply for certain routes and days, Dengler explained. “I really encourage travelers to do that exploration now so that on Travel Deal Tuesday, they can be ready to actually book,” she said.
Persons: Hopper, , ’ ”, Sally French, , Phil Dengler, Hayley Berg, Dengler, NerdWallet’s, “ They’re, you’ll, ” Dengler, you’re, Berg, Organizations: McKinsey and Company, Travel, Travel Deal, Black
The White House on Monday joined city, state and Jewish community leaders in Ohio condemning a small group who marched through Columbus on Saturday chanting racial slurs and white nationalist slogans while carrying Nazi flags. Neo-Nazis — their faces hidden behind red masks — roamed streets in Columbus today, carrying Nazi flags and spewing vile and racist speech against people of color and Jews," Ohio gov. Shannon Hardin, Columbus City Council president, said on X that the community "rejects their pathetic efforts to promote fear and hate," adding that he was in touch with law enforcement. Columbus City Attorney Zach Klein said on X he was also in contact with police over the march and said his office would monitor the group involved. "Take your flags and the masks you hide behind and go home and never come back," he said.
Persons: Biden abhors, Andrew Bates, Anne Frank, Mike DeWine, Shannon Hardin, Donald Trump, Trump, Karoline Leavitt, Zach Klein, Lee Shapiro, Shapiro, Christopher Pohlhaus, Oren Segal Organizations: Monday, NBC, North Arts, NBC News, Columbus City Council, , Columbus, American Jewish Committee, Trump, Nazi, ” Police, Defamation League Center, Extremism, New York Times, Hate Locations: Ohio, Columbus, United States, Michigan, Charlottesville , Virginia, Springfield , Ohio, Springfield, Louis
Tech jobs are mired in a recession
  + stars: | 2024-11-18 | by ( Aki Ito | ) www.businessinsider.com   time to read: +9 min
But ask white-collar professionals who are actually looking for a job, and they'll tell you horror stories that are eerily similar to Bach's. As I wrote last spring, that's because the job market has essentially split into two distinct tiers. AdvertisementNow, new data from LinkedIn — which tracked how often its users landed new jobs — shows which white-collar jobs are being hit the hardest. AdvertisementAnother reason tech companies are hiring fewer professionals is that their existing employees are opting to stay put. "We're slowly, slowly recovering," says Art Zeile, the CEO of Dice, a tech job board.
Persons: Jon Bach, Bach, I've, that's, Kory Kantenga, , they'd, Jenny Diani, Jon Stross, Santiago Rodriguez, it's, we're, We're, Zeile, Dice, Aki Ito Organizations: eBay, LinkedIn, Autodesk, Google, Business Locations: coders, Silicon Valley
CNN —Kevin Costner has left “Yellowstone,” and some viewers are not happy about it. The actor, who played the patriarch John Dutton on the hit series, addressed some backlash over his character’s exit. “Fans have a voice in things and they choose to follow stuff,” Costner told E! Costner said he had earlier pitched “Yellowstone” on how to conclude his storyline, but the producers decided on the exact details of his character’s exit due to a gunshot wound. Costner told E!
Persons: Kevin Costner, John Dutton, ” Costner, E, Costner, , , I’m, “ I’m Organizations: CNN, Horizon Locations:
AdvertisementI've been skiing and snowboarding for nearly four decades, but my wife hates the sports. I try to book vacations at ski villages so my wife has more to do when the kids and I are skiing. In the early days of our relationship, my wife and I took a ski trip with another couple. My friend and I had been skiing and snowboarding our entire lives, but both of our then-girlfriends were novices. AdvertisementEvery winter, when I plan our family's trips, I have to get creative to appeal to my non-skiing and non-snowboarding wife.
Persons: I've, We've, I'd, Alyson Gendron, wasn't, Yoonering Sutton, I'm Organizations: naturals, après, Pernelle, Resorts Locations: Mont, Stowe, Tremblant, Quebec, New York, Mont Sutton, Canada
When Joice Barnard had a hip replacement just over a year ago, she couldn't imagine running again without pain, but she was determined to try. Barnard, 67, has been running for 50 years, longer than some of her fellow marathoners have been alive. Earlier this month, Barnard finished her ninth marathon, the Every Woman's Marathon organized by Team Milk in her hometown of Savannah, Georgia. "For anybody, whether they're somebody with a hip replacement or they're 20 years old and they're very, very fast, it's so easy to run too many miles a week," Barnard said. Get enough restEvery week, Barnard takes a full day off from any exercise more strenuous than walking to give her body a break.
Persons: who's, Joice Barnard, Barnard, Team Milk, she's Organizations: Team, Business Locations: Savannah , Georgia
The big storyA Copilot conundrumMicrosoft; Chelsea Jia Feng/BIMicrosoft's challenges with its flagship AI product could be another red flag for an industry with high hopes for the tech. Earlier this year, analysts at Barclays highlighted an under-the-radar risk to AI bets: the depreciation costs related to AI chips . A potential Trump trade plan beneficiary: US semiconductor jobs. If Trump's proposed trade plan is enacted, the American semiconductor industry could see hiring growth. Walmart might be just fine under Trump's proposed trade plan.
Persons: Copilot, Chelsea Jia Feng, Insider's Ashley Stewart, Satya Nadella didn't, doesn't, Ashley, It's, Sam Altman, Alistair Barr, Alyssa Powell, Jared Spataro, OpenAI, Biden, Carlyle, Will Matt Gaetz, Will Trump, Rob Arnott, Arnott, ANGELA WEISS, Trump's, Ilya Sutskever, Mira Murati, Rebecca Zisser, homebuyers, Trump, Bob Iger, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, New York.Milan Sehmbi Organizations: Business, Microsoft, Chelsea, Getty, Lumen Technologies, Barclays, Trump, Treasury, UFC, Republican, Getty Images, Elon, Spirit Airlines, JetBlue, Walmart, Walmart US, Shoppers, The Locations: Ukraine, Russia, Rio de Janeiro, New York, Chicago, London, New York.Milan
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