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"What would you buy that you know that your household would need for the future?" "That could be like paper towels, it could be toilet paper, it could be things that you know that you're going to need long term." It's smart to adopt a similar mindset when the stock market pulls back as it did Monday, said Sun, who is also a member of the CNBC Financial Advisor Council. "When the stock market pulls back at these levels, these are great opportunities to invest in core names or a quality portfolio that you always wanted," she said. "It's better to buy things on sale than to buy at full price."
Persons: Winnie Sun, Sun, Roth Organizations: Sun Group Wealth Partners, CNBC, Finance, Dow Jones, Nasdaq, Dow Locations: Irvine , California
Progressive groups have trained their criticisms on Mr. Shapiro and Mr. Kelly, who they accuse of being too conservative on key issues. The debate grew heated during a discussion about whether using the phrase “Genocide Josh” to describe Mr. Shapiro, who is an observant Jew, was antisemitic. One of his advisers called the Harris campaign to object to Mr. Shapiro, a development that was first reported by Politico. Manuel Bonder, a spokesman for Mr. Shapiro, declined to comment on the vice-presidential selection process. Mr. Walz and Mr. Beshear are set to appear at dueling, simultaneous fund-raisers to benefit Ms. Harris on Monday evening.
Persons: Kamala Harris’s, Josh Shapiro, — Mr, Shapiro, Mark Kelly of Arizona, Tim Walz, Minnesota —, Harris, Kevin Munoz, Kelly, Shawn Fain, Mark Kelly of, Harris’s, Kenny Holston, Josh ”, Walz, Billy Wimsatt, , “ Tim Walz, John Fetterman of, Manuel Bonder, Kriston Jae Bethel, Joe Scarborough, Doran Schrantz, Wimsatt, Caroline Yang, Pete Buttigieg, ” Mr, , Kelly’s, Jacob Peters, Andy Beshear, Beshear, Rachel Mummey, . Walz, Christina Morales, Corinne Boyer Organizations: Gov, Pennsylvania, United Automobile Workers, CBS, New York Times, Democratic, Democracy Alliance, Voter, Muslim, The New York Times, Politico, Minnesota PAC, Navy, NASA, Iowa Democratic Party, Mr Locations: Washington, Philadelphia, Mark Kelly of Arizona, Mexico, Gaza, John Fetterman of Pennsylvania, Pennsylvania, Minnesota, New Hampshire, Silicon Valley, Kentucky, Frankfort, Ky, Minneapolis, Chicago, Jenkintown, Pa
"When they don't see a financial institution or a bank, [they] tend to say, 'There's no avenue for me this way. Of 18- to 29-year-olds, 11% are living without a bank account, compared to 9% of 30- to 44-year-olds, 5% of 45- to 59-year-olds and 2% of people 60 and older, according to the Federal Reserve. People without bank accounts might also turn to check cashing services or consider payday loans, especially if they're the only brick-and-mortar financial services in their neighborhood. The Community Financial Services Association of America, which represents payday lenders, did not respond to a request for comment. "They're going out into the community, they're promoting their services into the community, they're creating programs specifically for the community," he said.
Persons: Sean Gladwell, Wole Coaxum, Joe Lugo, Lugo, that's, Darrin Williams, Williams, Harris, Winnie Sun, It's, Sun, Preston Duppins, Duppins, They're Organizations: Federal Reserve, Southern Bancorp, Inc, Finance, Sun, Wealth Partners, CNBC, Federal Deposit Insurance Corp, Federal Deposit Insurance Corporation, American Fintech Council, Wealth Management, Community Financial Services Association of America, Chamber, Commerce Locations: Clearwater , Florida, U.S, Irvine , California, Florida, Lugo, Pinellas County
Three years ago, as Eric Adams was running for mayor of New York City, his campaign was raking in donations from a broad range of mysterious sources. There was the $201,330 delivered by unidentified intermediaries through 57 clusters of donations, some from people working at institutions with ties to Turkey. Their contributions are being scrutinized in a federal investigation focused in part on potentially unlawful foreign money flowing into campaign coffers. Then there was a set of unknown bundlers who gathered donations tied to Lian Wu Shao, whose family oversees the New World Mall in downtown Flushing, Queens. agents also searched two Bronx homes owned by a top Adams administration official, Winnie Greco, who helped organize fund-raisers at the mall for Mr. Adams.
Persons: Eric Adams, bundlers, Lian Wu Shao, Adams, Winnie Greco Locations: New York City, Turkey, Flushing , Queens, Queens
If you are a W-2 employee and get paid biweekly, there are two months out of the year when you will receive three paychecks instead of the usual two. August may be one of those months. This is a great opportunity to give your financial standing a boost, experts say. If you received your first paycheck this year on January 5, your three-paycheck months will be March and August. If you received your first paycheck on January 12, 2024, your three-paycheck months will be May and September.
Persons: Winnie Sun Organizations: Sun Group Wealth Partners, CNBC, Finance Locations: Irvine , California
Investors in China now favor major banks: BofA
  + stars: | 2024-07-24 | 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 EmailInvestors in China now favor major banks: BofAWinnie Wu, chief China equity strategist at BofA Securities, says China's major banks' earnings are "probably more predictable."
Persons: Winnie Wu Organizations: Investors, BofA Securities Locations: China
Elon Musk tweeted a parody video of an AI fashion show that featured him, Bill Gates, and other prominent figures. And Xi Jinping was featured in a robe designed with a cartoon bear suspiciously like Winnie the Pooh. Xi was featured for only two seconds, but the video is a risky post given Tesla's operations in China. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOn Monday, Elon Musk tweeted an AI-generated video of the world's biggest figures sashaying down the aisle of a fashion show.
Persons: Elon Musk, Bill Gates, Xi Jinping, Pooh, Xi, , Tesla Organizations: Service, Business Locations: China, Shanghai
Even if she's not singing about money specifically, Swift's lyrics also inspire financial lessons we can learn from. But take inspiration from Swift — "It only hurts this much right now … Breathe in, breathe through, breathe deep, breathe out." As you're building your financial plan and reviewing your budget data, keep an eye out for common bad financial habits that you can correct or modify. And if you're looking for more to do, google "free fun things" in your area. Baby, we're the new romantics, the best people in life are free."
Persons: Taylor Swift, Michael Campanella, tas24, she's, Swift, you'll, Lean, Noam Galai Organizations: Friends Arena, Getty, Letzigrund Zürich Locations: Stockholm, Sweden, Zurich, Switzerland
Kids increasingly prefer to zone out for hours watching free short-form videos instead of full-length TV episodes and movies. In April, Nielsen estimated, kids 2 to 11 watched three times as much YouTube as Disney+ content. Kids watching Disney clips on YouTube may have no need for Disney+. 5 spot for kids' entertainment on YouTube in 2023, according to Tubular, a social video analytics company. Kids preferring short-form videos on YouTube over full-length episodes and movies is a problem that Disney doesn't seem to be able to solve.
Persons: Bob Iger, Bob Chapek's, Iger, Taylor Swift, Nelson Peltz, Disney, Alexia Raven, it's, Gen Alpha, , Liz Huszarik, Nick Macknight, King, Aladdin, Justin Timberlake, Zendaya, Ariel, Bernstein, Discovery's Max, Florida's Gov, Ron DeSantis, Macknight, Lucia Moses Organizations: Disney, Epic Games, Investors, Disney Channel, Nielsen, YouTube, Warner Bros, Discovery, Media, Comcast, Paramount, Google, Netflix, Moonbug Entertainment, Disney's, Hulu, Marvel, Lucasfilm, Florida's, Pixar, Dallas, Business Locations: WarnerMedia, Dallas
Stirring vigorously, she sprinkled in seasonings until stovetop alchemy took hold and the mixture slowly turned into a fragrant stew. She arrived with her family in New York City in October 2022 after crossing the southern border, and the shelter where they stay does not have a kitchen she can use. So she brought her cooking to the cramped kitchen in the basement of the Metro Baptist Church on West 40th Street in Midtown Manhattan. The hands-on kitchen is the magic behind a volunteer-run center that has helped thousands of migrants start over in the city. — for Resources, Opportunities, Connections, Community — the center opened a year ago and has been supported mainly with small donations from individuals and community and religious organizations.
Persons: Oumou Doumbouya Organizations: Metro Baptist Church, West, Resources Locations: West, Guinea, New York City, Midtown Manhattan
New York City has significantly fewer children and teenagers than it did before the coronavirus pandemic spurred an exodus of families to the suburbs and other states, according to an analysis of new census data released Thursday. The number of New Yorkers under the age of 20 fell by 9 percent — or more than 186,000 people — to 1.8 million in 2023 from just three years earlier, according to Social Explorer, a data research company that analyzed the census estimates. It was the biggest drop in at least a decade in the city’s under-20 population. The decrease could potentially affect the city’s education policies and public school system, which is the largest in the United States, and could eventually help shape the city’s work force and economy. That age group has been steadily shrinking in the city since at least 2010 even as older age groups have been growing.
Locations: York City, Yorkers, United States
But media companies such as Netflix, Disney and Warner Bros. Those competing truths have led media and entertainment companies to concoct a wide array of strategies to combat the growing threat. John Lamparski | Getty ImagesEarlier this year, YouTube Chief Executive Officer Neal Mohan announced that users watch more than 1 billion hours of YouTube content on TV screens each day. Disney has made bespoke YouTube content for its new preschool series "Disney Junior's Ariel," which debuts June 27, to introduce the mermaid character to kids. That's YouTube 2.0."
Persons: Rich Greenfield, it's, Tara Walpert Levy, Nielsen, John Lamparski, Neal Mohan, Michael Nathanson, Kevin Mayer, Disney, Brittany Broski, LightShed's Greenfield, isn't, John Keeble, Mayer, That's, Ariel, Winnie, " Mayer, NBCUniversal, NBCUniversal's, Nathanson, MrBeast, Jimmy Donaldson, Monica Schipper, we've, Broski, David Livingston, incentivizes, Michelle Khare, Gilbert Flores Organizations: Alphabet's YouTube, Hollywood, YouTube, it's, Netflix, Disney, Warner Bros, Getty, Google, Comcast, Media, ExCel, Entertainment, Bloomberg, Amazon, Nickelodeon, HBO, Penske Media Locations: U.S, , York, Hollywood, London, That's, Los Angeles, Brittany, Anaheim , California, AdSense
According to South Korean news agency Yonhap, an estimated 2,000 garbage balloons have been sent over so far. The responding deluge of balloons from North Korea, some carrying manure and used toilet paper, seems to have emboldened the activists. AdvertisementWith the activists appearing to ignore that condition, North Korea's balloon launches resumed. Seoul's military chiefs told South Korean news agency Yonhap that the contents of the latest balloon-lifted bags weren't toxic. North Korea, for its part, has threatened in the past to destroy the speakers with military strikes.
Persons: , They've, Kim Kang, ED JONES, Park, Kim Jong, Mickey Mouse, Kitty, Pooh, KIM HONG Organizations: Service, South, Business, North, South Korean, Free North Korea Movement, Seoul Shimbun, North Korean, Getty Images, Korean Herald, Korean Unification Ministry South Korean, Police, Samsung, Reuters, JI, Getty, KBS, Associated Press, Inter, Korean Locations: Korea, Seoul, Pyongyang, South Korean, North Korean, South Korea, North Korea, Ganghwa, Kitty, Korean, Kaesong, Paju
In a country where the car is still king, New York had stirred hope that an ambitious policy prioritizing mass transit was possible. But that optimism unraveled this month, when Gov. Kathy Hochul abruptly halted a congestion pricing tolling program that promised to take thousands of cars a day off the streets of Midtown and Lower Manhattan while generating billions for critical repairs and improvements to the subways, buses and two commuter railroads. The governor’s decision came amid a fierce outcry from opponents, including many drivers from the boroughs and suburbs outside Manhattan. In doing so, she punched a $15 billion hole in the capital budget of the Metropolitan Transportation Authority, leaving long-planned work on the subway in limbo.
Persons: Kathy Hochul Organizations: Gov, Metropolitan Transportation Authority Locations: New York, Midtown, Lower Manhattan, Manhattan
These are just three of the models who have graced the cover of Sports Illustrated’s famous — and at times controversial — “Swimsuit Edition.” Now, to celebrate the special issue’s 60th year in print, the magazine has unveiled seven new covers featuring 27 women and reuniting past cover models for a “Legends” photo shoot. Kate Upton, Chrissy Teigen, plus-size model Hunter McGrady, and CBS News host Gayle King all posed for their own solo covers. (This marks the fourth time Upton has appeared on the magazine’s cover, and the second time for Teigen.) This year’s issue does just that.”Model and TV personality Chrissy Teigen appears on one of the anniversary edition's seven covers. Yu Tsai/Sports IllustratedSports Illustrated debuted its first-ever “Swimsuit Edition” started in 1963, with a young German model named Babette March on the cover, pictured frolicking on a beach in Mexico in a white bikini.
Persons: Martha Stewart, Christie Brinkley, Tyra Banks, Kate Upton, Chrissy Teigen, Hunter McGrady, Gayle King, Upton, Chanel Iman, Maye Musk, Megan Rapinoe, Winnie Harlow, Brenna Huckaby, Halima, MJ, , , “ We’ve, Yu Tsai, Babette, Bloom, Valentina Sampaio, Kim Petras, Ashley Graham, McGrady, Kim Kardashian, Naomi Osaka, Megan Thee, it’s Organizations: CNN, Sports, CBS News, Teigen Locations: Halima Aden, German, Mexico
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets are more willing to see China as a 'glass half full story': StrategistWinnie Wu, chief China equity strategist at BofA Securities, says, however, that a "fundamental turnaround will be quite [a] long-term story."
Persons: Winnie Wu Organizations: BofA Securities Locations: China
Op-ed: My kids have credit cards and yours should, too
  + stars: | 2024-05-10 | by ( Winnie Sun | ) www.cnbc.com   time to read: +3 min
Now, my three kids — ages 15, 12 and 10 — have had credit cards since before they entered kindergarten. Adding your child as an authorized user on your credit cards can be a smart way to set them up for financial success. I keep my kids' credit cards safe and have shown my teen how to store his cards in his phone's Apple Pay. We pull my younger kids' credit cards out at least once a year to help pay for their expenses such as school PTA donations, tutoring costs and teachers' gifts. I even have them take their credit card to school to buy some items at the school book fair.
Organizations: Visa, Chase, Citi, American Express
New York City’s congestion pricing program is scheduled to begin charging tolls to drive into the busiest parts of Manhattan next month, with the aim of generating a $15 billion windfall for the mass transit system. That money would not translate into lower fares or a huge subway expansion. The Metropolitan Transportation Authority, which oversees congestion pricing, has already earmarked the entire $15 billion for long-planned projects. Since congestion pricing has yet to get off the ground, the M.T.A. And now that $15 billion accounts for half the money the authority is expecting to finance its remaining projects.
Organizations: Metropolitan Transportation Authority Locations: York, Manhattan
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. A month earlier, on the opposite coast in downtown Manhattan, FTX's Sam Bankman-Fried received a 25-year prison sentence for his crimes. At the beginning of his trial, SBF sported a fresh haircut and wore suits, but by its end, his curls were wild again. Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. watch nowMoney makes all the differenceUnlike SBF, CZ didn't have his wealth wiped out by bankruptcy of the crypto company he founded.
Persons: Sam Bankman, Zhao Changpeng, Mike Segar, Benjamin Girette, Changpeng Zhao, FTX's Sam Bankman, Fried, Zhao, Binance's Zhao, FTX's, Toyotas, Braden Perry, Perry, Manfred, SBF, Michael Lewis, Lewis, Sam didn't, Amr Alfiky, Sam, Caroline Ellison, , Zhao's, Yi He, Binance, David Ryder, Yang, Rachel Zhao, Yesha Yadav, Yadav, Mark Bini, Lewis Kaplan, Bankman, Kaplan, perjured, Neama Rahmani, Rahmani, Tre Lovell, Zhao hasn't, Lovell, weren't, FTX Organizations: Reuters, Bloomberg, Getty, Department of Justice, CFTC, Stanford University's, Bankman, CZ, Staff, Reuters Prosecutors, Alameda Research, Vanderbilt University, Wall Street, CNBC, FTX, Emergency Economic, Justice Department, DOJ Locations: Seattle, Manhattan, California, Hong Kong, Bahamas, Palo Alto, U.S, New York City, Alameda, Seattle , Washington, Paris, France, Angeles, Binance, Dubai, Delaware
I realized I was dealing with an energy vampire, a type of person who is emotionally draining. Energy vampires are people you find emotionally draining and difficult to engage with, Minaa B, a relationship expert, told Business Insider. Recognizing the signs of an energy vampireBeing talkative or self-absorbed doesn't make someone an energy vampire. Advertisement"Conversations with an energy vampire often feel imbalanced," Elizabeth Harvey Abrams, a licensed mental health counselor based in New Mexico, told BI. Related storiesForget trying to tell an energy vampire something about your life.
Persons: , Romeo, Juliet, Minaa, Elizabeth Harvey Abrams, empaths, Patel, Winnie, it's, Abrams, wasn't, Nandini Maharaj Organizations: Service, Energy Locations: New Mexico
Some climate activists accuse the industry of simply investing in carbon capture as way to extend the use of oil and gas. The technology typically uses chemical absorption to capture carbon dioxide emitted from the chimney of an industrial plant. "The economic viability of carbon capture and sequestration is a challenge today because the cost of building most plants in order to capture carbon dioxide are very significant," the executive said. About two-thirds of the industry's carbon dioxide emissions come from chemical reactions that occur when breaking down limestone. SLB this month announced a nearly $400 million investment in Aker Carbon Capture, a pure-play carbon capture company based in Norway, in an effort to accelerate deployment of the technology at commercial scale.
Persons: Chin Lee, Biden, SLB, Fred Majkut, Majkut, Adam Miklos, Miklos, Baker Hughes, Olivier Le Peuch, Alessandro Bresciani, Jeff Gustavson, Gustavson, steelmaker Nucor, Linde, Dan Ammann, Ammann, Fatih Birol, We're, SLB's Majkut Organizations: Chevron, Houston Chronicle, Hearst Newspapers, Department of Energy, RTI International, International Energy Agency, Exxon, Rystad Energy, Clean Investment Monitor, United Nations ., Gulf Coast, CF Industries, Talos Energy, Carbonvert, IEA Locations: Winnie, Mississippi, Vicksburg, Schlumberger, United States, Paris, Chevron, United Kingdom, U.S, Aker, Norway, Houston, Port Arthur , Texas, Gulf, Louisiana, Beaumont , Texas, Mississippi , Louisiana, Texas, Bayou, Port Arthur
Federal transportation officials allowed New York to move ahead with congestion pricing without fully addressing how traffic and pollution would be shifted to its neighbors across the Hudson River as drivers avoid the new tolls, a lawyer for the State of New Jersey argued in federal court on Wednesday. Now, as traffic patterns change, those New Jersey communities will be forced to shoulder the environmental burdens of the tolling program while New York receives all the benefits, the lawyer, Randy M. Mastro, said in his opening remarks in New Jersey’s lawsuit against congestion pricing. “It isn’t about whether you like or don’t like congestion pricing,” Mr. Mastro said in a courtroom in Newark. The issue is whether the Federal Highway Administration “took a hard look” at the potential environmental effects. The Metropolitan Transportation Authority, the state agency overseeing congestion pricing in New York, has repeatedly said that New Jersey communities were extensively studied in an environmental assessment.
Persons: Randy M, Mastro, Mr, Administration “, John J, McCarthy Organizations: State, New, Federal, Administration, Metropolitan Transportation Authority Locations: New York, State of New Jersey, New Jersey, New, Newark
New York City’s Population Shrinks by 78,000
  + stars: | 2024-03-14 | by ( Winnie Hu | Stefanos Chen | ) www.nytimes.com   time to read: +1 min
City officials said that they were likely to challenge the 2023 census estimates, which they said had significantly underestimated the number of migrants and other people living in group settings, such as shelters and dorms. A spokesman for the Department of City Planning, Casey Berkovitz, said that 180,000 migrants had come to the city since the spring of 2022 and that 64,600 were still in the city’s care. City officials had previously projected that New York City would reach 9 million within two decades. Though the latest census numbers are a marked improvement over recent years, the turnaround has mostly benefited New York City’s more affluent areas, said Andrew Beveridge, the president of Social Explorer, a demographic data firm that analyzed the numbers. “But it’s the struggling people that leave for good.”Four of the five boroughs continued to see population declines in 2023, according to the latest census estimates.
Persons: Casey Berkovitz, Andrew Beveridge, ” Mr, Beveridge Organizations: Department of City Planning, New, Manhattan, Social Locations: New York City, New York
CNN —And the Razzie goes to…Every year around Oscars time, when the greatest in cinema is celebrated, an alternative awards ceremony is held that singles out the worst (at least, according to them) in movies – the Razzie Awards. Around since 1981, this 44th edition of the infamous “honors” counted Jason Statham, Vin Diesel and Ana de Armas among the nominees for worst actor and actress. Fury of the Gods” and the bland “Exorcist: Believer” were up for worst film of 2023. But in a bad sign for the now-public domain figure Mickey Mouse, the horror film “Winnie the Pooh: Blood & Honey” took home the Razzie for worst picture, the awards association announced on Saturday. The “Winnie the Pooh” horror film won four other awards, including worst screen couple for Pooh and Piglet as “Blood-Thirsty Slasher/Killers (!
Persons: , Jason Statham, Vin Diesel, Ana de Armas, , Meg, Mickey Mouse, Honey ”, Jon Voight, Sylvester Stallone, Megan Fox, Johnny, Clyde ”, , Ryan Kiera Armstrong, Sandra Bullock, Bradley Cooper, Bullock Organizations: CNN
When busloads of migrants from Venezuela and Latin America started turning up on New York City streets in 2022, it spurred a crisis that has overwhelmed city shelters and incited protests over immigration policies. Thousands of Chinese migrants have also made their way to New York, with many following on the heels of migrants from Central and South America and crossing at the United States-Mexico border. Once they reach the city, however, many are tapping into long-established family and social networks in Chinese enclaves to get on their feet quickly and, for the most part, on their own. It is not known exactly how many Chinese migrants have landed in New York. But immigration court filings since October 2022 show that New York State was their top destination — with more than 21,000 filings for Chinese migrants — followed by California, according to an analysis by Julia Gelatt, an associate director at the Migration Policy Institute.
Persons: Eric Adams, Julia Gelatt Organizations: Latin America, New, New York State, Migration Policy Institute Locations: Venezuela, Latin, New York City, New York, Central, South America, United States, Mexico, California
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