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Sleep Number i8 Smart Bed (Queen) If you and your partner just can't agree on mattress firmness, the Sleep Number i8 Smart Bed allows you to customize each side to your perfect firmness. Check price at Sleep Number What we like Check mark icon A check mark. AdvertisementReview of the Sleep Number i8 Smart BedI'm a side sleeper but spend time in every sleeping position. The Sleep Number i8 Smart Bed uses ballistocardiography, a measure of ballistic forces coming from your heart, to calculate your sleep quality and provide a sleep score. I strongly recommend the Sleep Number i8 Smart Bed if you can afford it.
Persons: James Brains, couldn't Organizations: Business, Garmin
After just under three months of living in Utah, she's already planning to move back. She settled on Salt Lake City, which in recent years has become a business and tech hub. She's already gearing up to move back to San Diego once her kid is older and she's more financially stable. She said the food was "infinitely better" in San Diego with much more variety, and San Diego had many more cultural and entertainment opportunities. She hopes to raise her salary to about $200,000, which she feels would be enough to live more comfortably in San Diego.
Persons: Kate M, she's, Kate, Utah Kate, San, I've, wouldn't, didn't, It's, She's, California Kate, Organizations: Service, Business, San Diego, LA Locations: San Diego, Utah, California, San, Salt Lake City, Arizona, Los Angeles, Diego, South Utah, She's
Many companies raised money two to four years ago in private funding rounds at very high valuations. Many of these companies are now trying to go public, and investors are balking at the high valuations and demanding haircuts. Another tough year No matter how you slice it, 2024 is turning out to be the third consecutive year of subpar IPO markets. "Public investors are not willing to pay 2021 valuations," Matt Kennedy from Renaissance Capital said. Companies that want an up-round are going to be disappointed, but companies willing to take a haircut can get deals done."
Persons: Matt Kennedy Organizations: Nasdaq, Viking Holdings, Renaissance Capital, Companies
These 10 U.S. states have America’s best economies in 2024
  + stars: | 2024-07-18 | by ( Scott Cohn | ) www.cnbc.com   time to read: +13 min
We consider economic growth and job growth. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. Delaware's economy turned in a lackluster performance in 2023 — the only state economy to shrink last year. Mario Tama | Getty ImagesThe Grand Canyon State's surging chip sector is delivering many dividends, including strong job growth and a healthy housing market. But he noted that construction employment grew at a healthy pace last year, evidence that the state economy still has steam left.
Persons: Dupont De Nemours, Ethan Miller, Kevin C, George Frey, Mark Knold, Knold, Zions, Mario Tama, Katie Hobbs, Allison Joyce, they've, Andrew Berger, Gross, Berger, Nina Dietzel, Lawrence Kessler, Kessler, Brandon Bell, Joe Raedle Organizations: Companies, Business, Delaware, Istock, Getty, Fortune, Census, Commerce Department, Aaa, Direct Investment, Corporate, Gem State, Micron Technology, Lamb Weston Holdings, Silver State, Pew, Major Corporations, Vegas Sands, MGM Resorts, Benz, Cox, Mercedes, Nestlé, Purina, Adidas, Georgia Department of Economic, U.S . Commerce Department, Assurant, Intercontinental, Contractors, Bloomberg, Utah's Department of Workforce Services, Arizona Workers, Gov, Democrat, Major, Technology, North, Health, Employers, North Carolina Department of Commerce, Corporate Headquarters, Bank of America, Duke Energy, Tennessee, University of Tennessee, The Volunteer State, FedEx, Texas Employees, Lone Star State, Entrepreneurship, Oracle, Tesla, Amerant Locations: States, Wilmington, New Castle County , Delaware, Delaware, Incyte, Idaho, Boise , Idaho, USA, Nevada, Las Vegas, Las Vegas , Nevada, Southern California, Vegas, Georgia, Atlanta , Georgia, Peach, Utah, Provo , Utah, U.S, Beehive, Buckeye , Arizona, Arizona, North Carolina, Wilmington , North Carolina, Carolina, Tennessee Nashville , Tennessee, Luling , Texas, The Texas, North Dakota, California, Texas, Florida, Sunrise , Florida
At the 2012 Visa U.S. National Gymnastics Championships, Gabby Douglas had her sights set on taking home the individual all-around gold. But in the first skill in her routine, the three-time Olympic gold medalist found herself on the floor. "I made a mistake, I fell on my back handspring layout," Douglas, who is currently promoting her partnership with Ancestry, tells CNBC Make It. Rather than resign herself to a subpar showing at the competition, Douglas says her slip-up only sharpened her competitive instincts. "The mistake drove me to be like 'We're not going to give up, we're just going to put that away and we're going to do what we came here to do.'"
Persons: Gabby Douglas, Douglas, we're Organizations: National, CNBC
In the meantime, we received some terrific feedback from members after revealing in late May five stocks we would buy right here, right now. So which stocks would I buy right now? And while we expect Monday may not be a good day for tech stocks — remember it is only day three of the rotation — you have to buy AMD before the tide turns back to tech. I said that Best Buy was much more than just a brick-and-mortar company and that its integrity was high. More importantly, like AMD, Best Buy is where people will try out a new AI PC.
Persons: We've, that's, Nvidia's Blackwell, Wells Fargo, Wells, Charlie Scharf, Charlie, Doug Braunstein, Fernando Rivas, Jamie Dimon, there's, Scharf, let's, Ed Breen, Breen, Dennis Kozlowski, Kozlowski, Medtronic, Dupont, China's, Peter Arduini, Wynn, Laxman Narasimhan, Howard Schultz, Laxman, Narasimhan, Schultz, Mellody Hobson, There's, Jim Cramer's, Jim Cramer, Jim, Pual Yeung Organizations: Dow Jones, Devices, Nvidia, Broadcom, Big Tech, AMD, Intel, PC, Microsoft, HP, Wells Fargo, JPMorgan, Costco, Gold, DuPont, Tyco, Tyco Electronics, Johnson Controls, GE Healthcare, Wynn, Starbucks, GE, Philips, Siemens, Management, Caesars, Las, Sands, Biden, Covid, Palestinian, McKinsey, PepsiCo, Jim Cramer's Charitable, CNBC, Wynn Resorts, Bloomberg, Getty Locations: Wells Fargo, Wells, U.S, Canada, Dupont, China, East Germany, Macau, Israel, Jewish, Gaza, Macao
Crude oil futures rose Thursday as inflation eased, bolstering hopes that the Federal Reserve will cut interest rates later this year. Lower interest rates typically stimulate economic growth, which can bolster crude oil demand. The inflation and interest rate outlook overshadowed mixed signals on oil demand for this year. The IEA is forecasting global oil demand growth will average just under 1 million bpd in 2024 due to subpar economic growth, greater energy efficiency and electric vehicle adoption. OPEC, on the other hand, is much more bullish, forecasting demand growth of 2.2 million bpd as the cartel sees solid economic growth of 2.9% this year.
Organizations: Federal Reserve, Department of Labor, Reserve, International Energy Agency, IEA Locations: Stanton , Texas, Paris, China
At his rehabilitation medicine practice in Illinois, Dr. Azlan Tariq typically spent seven hours a week fighting with insurance companies reluctant to pay for his patients’ treatments. He often lost. There was the 45-year-old man who spent five months in a wheelchair while his insurer denied appeal after appeal for a prosthetic leg. Or the stroke survivor who was rehospitalized following a fall after his insurer determined his rehab “could be done at home.”Over the course of Dr. Tariq’s 12-year career, these stories had become more common: The list of treatments that needed pre-approval from insurers seemed ever broadening, and the denials seemed ever rising. So in an effort to spare his patients what he deemed subpar care, and himself mountains of paperwork, Dr. Tariq recently turned to an unlikely tool: generative A.I.
Persons: Azlan Tariq, Tariq’s, Tariq Locations: Illinois
Johnson and Truman left under pressure, handed the White House over to the other partyComparisons between Biden and any of these presidents are not perfect. Both Johnson and Truman then won the White House in their own right. Humphrey would go on to lose the White House to Richard Nixon, but Democrats kept control of the House and the Senate. Democrats lost control of the White House and the Senate in 1860, and Lincoln became the first Republican president. Reforming the civil service was a major issue of the day, and it played into Hayes’ decision, according to his letter accepting the Republican nomination in 1876.
Persons: Joe Biden, Donald Trump, Harry S, Truman, Lyndon B, Johnson, Biden, Dwight Eisenhower, Hubert Humphrey, Humphrey, Richard Nixon, Roosevelt, Coolidge, Theodore Roosevelt, Calvin Coolidge, William Howard Taft, Taft, Bull Moose, Woodrow Wilson, Warren G, Harding, Herbert Hoover, curt, , ” –, James K, Zachary Taylor, Martin Van Buren, Taylor, James Buchanan, Buchanan, Abraham Lincoln’s, seceding, He’s, Lincoln, Rutherford B, Hayes, James Garfield, Garfield Organizations: CNN, Republicans, White, Democratic, Convention, Senate, Democratic National Convention, GOP, Republican, Democrats, Whig Party, Hayes, Trump Locations: New Hampshire, Washington, Chicago, San Francisco, Southern
The third quarter starts on Monday with corporate earnings trends largely intact, but showing early signs of trouble in tech land. The good news: for the big-cap tech companies that are truly dominating the market ( Apple , Microsoft , Alphabet , Nvidia , etc.) Still no recession, in the economy or in earnings So far, we have a deceleration in big-cap tech earnings and clear signs the consumer wants lower prices. Earnings trends for tech may still be rising (even if it is decelerating), but the rest of the market is generally flattish on earnings. Earnings: rising Positive Tech earnings: rising but decelerating Negative Job growth: strong but moderating Positive Interest rates: moderating Positive Inflation: moderating Positive Consumer: increasingly cautious Negative
Persons: Jensen, Nick Raich, it's, Raich, Lori Calvasina, We've, I've, you've, Levi Strauss, General Mills, Tim Wentworth, Taco Bell, Mills Organizations: Apple, Microsoft, Nvidia, Big, Meta, Jensen Huang's, Scout, U.S, Equity, RBC Capital Markets, CNBC, Nike, Walgreens, Micron, FedEx, General, . Companies, Southwest Airlines, Pool Corp, Urban Outfitters, Yum Brands
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Advertisement"These people treat creativity like a problem to be solved," he continued. "All these things shouldn't be there in the first place, but all these things are work that some people have to do. "I think we need to have an honest public debate about the advantages, but also the pitfalls and dangers of AI technology," Astray said.
Persons: , Mira Murati, Jeffrey Blackburn, ChatGPT, Murati, Ed Zitron, Zitron, Boris Eldagsen, OpenAI's DALL, Eldagsen, FABRIZIO BENSCH, Miles, doesn't, OpenAI, Sam Altman Organizations: Service, Business, Dartmouth, OpenAI, Sony, Reuters Locations: OpenAI
The healthcare sector's 7% return this year is less than half of the S&P 500's 14.9% gain. At first glance, the lack of interest in healthcare stocks seems justified, given the group's subpar earnings growth. However, the upcoming earnings rebound for healthcare stocks isn't accounted for in valuations. Fortunately for investors, BMO has done that legwork by highlighting a slew of top healthcare stocks in its US model portfolios. Below are the eight outperform-rated healthcare stocks in BMO's model portfolios, along with the ticker, market capitalization, and group or groups that each is in.
Persons: , There's, Brian Belski, Belski Organizations: Service, BMO Capital Markets, Business, BMO, Healthcare, BMO doesn't Locations: Montreal
Since the constitutional right to abortion was taken away in Dobbs v. Jackson Women's Health Organization in 2022, Democratic spending on abortion-related ads has jumped. Line chart showing the percentage of television ad spending devoted to abortion from 2018 to 2024. Democratic spending jumped up to around one-third in 2022 after the Dobbs ruling and has stayed high. In the first four months of this year alone, 48 percent of Democratic ad spending on broadcast networks in Pennsylvania centered on abortion. Democrats are seizing the moment, devoting two-thirds of their ad spending to abortion there.
Persons: Roe, Wade, Dobbs, Emily Holzknecht, Adam Westbrook, Trump, overperformed, , N.M, Andy Beshear’s, Daniel Cameron’s, Mr, Biden Organizations: Democratic, Republican, Republicans, Jackson, Health Organization, Democrats, Republicans Pennsylvania, Arizona, Michigan, Georgia, Wisconsin, Supreme Court, Data, Pew Research, Ore ., Nev . Ohio Ill, Conn . Iowa Pa, Ind, Del . Utah Colo, Religion Research Locations: Dobbs v, Pennsylvania, Michigan, Arizona, Georgia, . Arizona, . Maine, Mont, Minn . Vt, Ore, Ore . Idaho, Wis, N.Y, S.D . Mich, R.I, Wyo, Conn . Iowa Pa . N.J, Nev . Ohio, Del . Ind . Utah Md, Colo, W.Va . Va . Calif, Kan, Mo, Ky, N.C, Tenn, Okla, ., N.M . Miss ., Ala . Texas, Fla . Alaska Hawaii, Conn . Iowa, Neb . N.J, Del . Utah, W.Va . Md . Va . Calif, United States, Nevada , Arizona , Montana , Colorado, South Dakota , Nebraska , Missouri , Arkansas, Florida , New York, Maryland, Nevada , Arizona , Wisconsin , Michigan, Kentucky, Gaza, Ukraine
Ex-Reddit CEO Yishan Wong says tech giants are obsessed with AI but shipping bad products. "The big internet giants are in a state of memetic competition over AI," Wong said. Wong said tech companies are forcing everyone to use their LLM-powered products. AdvertisementTech giants are letting their obsession with AI affect the quality of the products they're launching, former Reddit CEO Yishan Wong said on Wednesday. "This is leading to all of them integrating LLM-powered AI into their products, but the AI sometimes gives flawed answers, which is problematic in products where the existing quality/accuracy expectation was higher," Wong continued.
Persons: Yishan Wong, Wong, Organizations: Service, Tech
Since then, several major investment firms have lifted their long-term S&P 500 price targets. The firm recommends pairing cyclicals and growth stocks with those attributes so that investors are prepared for stronger or weaker growth. Technology firms using AI need more power, which is a major long-term tailwind for utility companies, Wilson wrote. "We see the recent pullback as an attractive entry point and an opportunity to formally upgrade the sector to overweight," Wilson wrote. "Small-cap valuation is relatively cheap but earnings growth is highly concentrated," Wilson wrote.
Persons: , Brian Belski, Binky, Morgan Stanley, Long, Mike Wilson, subpar, Wilson, Wilson's, Goldman Sachs, Morgan, Morgan Stanley's Organizations: Service, Business, BMO Capital, Deutsche Bank, optimist, Consumer, Utilities
I've dined at over 100 restaurants in Chicago and narrowed it down to my 11 favorites. Two are Michelin-starred restaurants, but I'm also a big fan of two hole-in-the-wall eateries. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI don't cook, but I love eating out — so much so that I've tried over 100 restaurants in Chicago. This story is available exclusively to Business Insider subscribers.
Persons: I've, I'm, Organizations: Michelin, Service, Business Locations: Chicago
Read previewBlackstone, the world's largest landlord, contends the worst is over for commercial real estate. In the first quarter, shareholders in Blackstone Real Estate Income Trust, or BREIT, its $59 billion flagship real estate investment fund, pulled out almost a billion dollars a month on average, according to the company's first-quarter earnings statement. A similar investment fund operated by Barry Sternlicht's Starwood Capital has had an even greater retreat by investors. Share pricing is determined through appraisals of the value of the underlying real estate holdings. In May, Blackstone Real Estate Partners X also completed the $3.5 billion acquisition of Tricon Residential, an owner of single family rental homes.
Persons: , Barry Sternlicht's, Kevin Gannon, BREIT, reinvigorating, anemic, REITs, Jonathan Gray, Blackstone Heidi Gutman, NBCUniversal, Jon Gray, they're, Gray, outperformance, redemptions, Blackstone, Gannon, They're, Sternlicht, Todd Henderson, REIT, Henderson, It'll Organizations: Service, Investors, Income Trust, Business, Barry Sternlicht's Starwood Capital, Starwood Real, Blackstone, Starwood, KKR, Apollo, Federal Reserve, Communities, Blackstone Real Estate Partners, Tricon Locations: Blackstone, Brookfield, BREIT, Tricon, Nashville, DWS
Read previewNoah Kagan, an early Facebook employee, may have worked for Mark Zuckerberg for only nine months, but he says the brief stint taught him a lot about Zuckerberg's management style. Then I got fired," Kagan wrote in an X post on Tuesday before launching into what he said were the "10 non-obvious lessons" he picked up from Zuckerberg. Kagan joined Facebook as a product manager in 2005, the same year Zuckerberg dropped out of Harvard University to run the company full time. Representatives for Kagan and Zuckerberg didn't immediately respond to a request for comment from Business Insider sent outside regular business hours. Zuckerberg told employees in January 2023: "I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work."
Persons: , Noah Kagan, Mark Zuckerberg, Kagan, Zuckerberg, uPGrc5aq6V — Noah Kagan, Mark, he's, Zuckerberg didn't, Meta Organizations: Service, Facebook, Zuckerberg, Business, Harvard University, Harvard, LinkedIn, Business Insider, Meta
After years of living in dorms and subpar apartments, Lisa Li could not wait to close on her new home. The one-bedroom condo in Miami’s financial district had a view of the river, was in a safe neighborhood and, Ms. Li heard, had neighbors who were much like her — less party, more chill. So Ms. Li, a 28-year-old who came to the United States 11 years ago as a college student from China, put in an offer, had her bid accepted and began ordering furniture. At the last minute, the title company raised concerns about a small United States Coast Guard outpost near South Beach a few miles away. Under the law, Ms. Li could face prison time, and the sellers and real estate agents could be held liable.
Persons: Lisa Li, Li Organizations: United States Coast Guard Locations: United States, China, South Beach, Florida
But some economists have argued that flawed historical economic data puts this claim in question. The further back you go — the NBER data goes to about 1850 — the more common recessions were. He said the NBER's pre-1914 recession data, in particular, is "very poor," and that only economic data collected after World War II is of good quality. "So the growing share of services also means you're going to have more stable economic growth." AdvertisementTo be sure, while a stable economy has its benefits, it's not the only indicator of a healthy economy.
Persons: , they'll, haven't, George Selgin, what's, NBER, Selgin, Joseph H, Davis, Satyam Panday, Panday, it's, they've Organizations: Service, National Bureau of Economic Research, Cato Institute, of Labor Statistics didn't, US, Vanguard, US Department of Agriculture, Satyam, Federal Reserve, Fed
That was eight years ago and followed an egg-freezing debacle that made it blindingly clear my path to parenthood would be circuitous, at best. @#$" — assumedly a stand-in for an expletive and, as it turned out, a very accurate foreshadowing of what was to come. Being pregnant at my age has proven a challenge, in more ways than oneNow, at 47, I am eight months pregnant and nearly downright blissful. AdvertisementLast summer, following two surgeries (one nearly killed me) for uterine fibroids, I was finally ready to go. The truth is, there was no other path to parenthood for me.
Persons: Organizations: Service, Central, Business
The portfolio manager whisperers
  + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com   time to read: +24 min
AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.
Persons: Taylor Swift, Travis Kelce, Goldman Sachs, , That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, , Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny
Large technology stocks have continued to be a key driver of earnings growth. Those calls are based on the firms' expectation that the economy will continue to grow despite uncomfortably high interest rates. Bullish firms concur that elevated interest rates are a serious concern for investors. "Should the outlook for earnings growth deteriorate, the recent stretch of quality outperformance will likely continue and also expand to include stocks with stable growth," Kostin wrote. Along with each is its ticker, market capitalization, sector, 2024 expected earnings growth rate, and 10-year EBITDA growth variability rate, according to Goldman Sachs.
Persons: Morgan Stanley, That's, Jonathan Golub, David Lefkowitz, Stocks, they've, Mike Wilson, Morgan, 19.3x, Goldman Sachs, David Kostin, Wilson, Kostin, Russell Organizations: UBS, Business, UBS Beats, UBS Global Wealth Management, Companies, Federal Reserve
Opinion: What made Duke Ellington a true genius
  + stars: | 2024-04-27 | by ( Opinion Sammy Miller | ) edition.cnn.com   time to read: +8 min
CNN —This spring marks both the 50th anniversary of Duke Ellington’s death, and what would have been his 125th birthday. I use their particular ways of expressing themselves and it all becomes part of my own style.”To know Duke Ellington is to know his band — although few can name its other members today. Composer and bandleader Duke Ellington hovers over fellow pianist and band member Billy Strayhorn in this 1948 photograph. “Ellington plays the piano, but his real instrument is the band,” Strayhorn said. If it involved music, Ellington gave it a shot, always with his band in tow.
Persons: Sammy Miller, Duke Ellington’s, Duke ”, Ellington, , ” Ellington, Duke Ellington, Sonny Greer, Greer, Miley, Jimi Hendrix’s, Harry Carney, Billy Strayhorn, Strayhorn, “ Ellington, ” Strayhorn, , Juan Tizol, Lawrence Brown, Clark Terry, Organizations: Juilliard, CNN, New, Washington D.C, Harlem Renaissance, Ellington, Getty Locations: Harlem, New York, Washington, New Orleans, Pittsburgh, Sugar
Canceling Life Insurance
  + stars: | 2024-04-26 | by ( Ronda Lee | Alani Asis | Paul Kim | ) www.businessinsider.com   time to read: +11 min
How to cancel your life insurance policyCanceling a term life insurance policyThere are several ways to cancel a term life insurance policy. Alternatives to life insurance cancelationcanceling your life insurance policy isn't ideal if you have dependents who rely on your income for financial support. If you have a whole life insurance policy, look into reduced paid-up life insurance. Life insurance settlementIf you don't have a terminal diagnosis and you want to sell your term life insurance policy, you can apply for a life insurance settlement with a third-party provider instead of canceling your policy. Canceling life insurance FAQsWill I get any money back if I cancel my life insurance policy?
Persons: Lucas Siegel, Siegel, wouldn't, policyholders, you've Organizations: Internal Revenue Service
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