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☆ Insider Today: White-collar recession
  + stars: | 2024-11-24 | by ( Matt Turner | ) www.businessinsider.com   time to read: +4 min
AdvertisementThis post originally appeared in the Insider Today newsletter. TikTok videos espoused the benefits of #publicsector jobs, and Google searches for "how to get a government job" hit a five-year high. Several careers consultants told Business Insider they were already experiencing a rush of demand from workers ready to shift to the private sector. But ask any white-collar professional, and they'll tell you a horror story that would prove otherwise. Hiring has held up well for low-earning workers, but those making six figures or more are in the midst of a white-collar recession.
Persons: Chelsea Jia Feng, Elon Musk, Musk, Vivek Ramaswamy, Laura Labovich, Peacock, BI's Peter Kafka, iStock, Rebecca Zisser, Jenny Chang, Rodriguez, Amazon, Natalie Ammari, Teiffyon Parry Organizations: Business, Porsche, Department, Government Efficiency, Comcast, Getty, BI Comcast, CNBC, MSNBC, NBC, Bravo, LinkedIn, Alexa, Uber, Ticketmaster, Google Locations: USA
☆ Trump Tariffs: Businesses, Americans Are Preparing for Higher Prices
  + stars: | 2024-11-24 | by ( Emily Stewart | ) www.businessinsider.com   time to read: +10 min
They're trying to figure out what to do. They're trying to figure out what to do. Thanks to muscle memory from the tariffs Trump imposed in 2018, he says, many businesses are speeding up their shipping schedules — racing to get as many goods as possible into the country before any new tariffs are implemented. So did dryers, even though they weren't subject to tariffs — companies figured customers would assume that two related products were subject to the same inflationary forces. Related stories"If they can accelerate big purchases they know they're going to make, they should do that," says Lovely, the senior fellow at the Peterson Institute.
Persons: Donald Trump's, I'm, I've, Jolie, Trump, Greg Daco, Mary Lovely, Ernie Tedeschi, Biden, Steve Madden, Paul Brashier, Brashier, Stephen Lamar, Mike Brey, Brey, Lindsay Owens, Tedeschi, it's, didn't, Emily Stewart Organizations: Trump . Companies, Yale Budget, Peterson Institute, Yale Budget Lab, ITS Logistics, Trump, American Apparel and Footwear Association, Hobby Works, tote, Apple Watch, Business Locations: United States, New York City, China, EY, American, Vietnam, Mexico, USA
☆ I taught my kids how to be entrepreneurs from a young age. As teens, they've made about $10,000 so far.
  + stars: | 2024-11-23 | by ( Amanda Miller Littlejohn | ) www.businessinsider.com   time to read: +5 min
AdvertisementI help people package and monetize their skills, and I've helped my kids do the same. From when they were young, they've published books, sold baked goods, and more. I told him that if he wrote a little more, I'd help him publish his story as a book on Amazon. He did a few book talks and book fairs, and all of his book sale money went into a high-yield CD. As of now, they've made around $10,000 from book sales, bake sales, audio editing, and digital art sales combined.
Persons: I've, they've, Connor, Amanda Miller Littlejohn Logan, Logan, they're, Amanda Miller Littlejohn, that's
☆ Starring on 'The White Lotus' changed Fred Hechinger's life. Now, he's playing an unhinged emperor in 'Gladiator II.'
  + stars: | 2024-11-23 | by ( Olivia Singh | ) www.businessinsider.com   time to read: +5 min
The actor said that starring on "The White Lotus" changed his life. Hechinger's Caracalla is sick and twisted — a 'dangerous concoction'Fred Hechinger, Pedro Pascal, and Joseph Quinn in "Gladiator II." "Gladiator II" is also a study of what unchecked power does to a civilization. Advertisement'The White Lotus' gave Hechinger his big breakFred Hechinger as Quinn on season one of "The White Lotus." Hechinger prides himself on playing varied roles, whether he's a menacing emperor in "Gladiator II," a concerned grandson in "Thelma," or a school staff member in "Nickel Boys."
Persons: Fred Hechinger, Emperor Caracalla, Ridley Scott's, He'll, Hunter, Fred Hechinger's, Joseph Quinn, Paul Mescal's, Ridley, Hechinger, Hechinger's Caracalla, Pedro Pascal, Aidan Monaghan, Maximus Decimus Meridius, Russell Crowe, Caracalla, Geta, Quinn, Mescal, Maximus, Connie Nielsen, They'll, HBO Hechinger, Quinn Mossbacher, he's, Nicolas Cage, Christian Bale, Thelma, he'll, Kraven Organizations: Business, Paramount Pictures, HBO, Hollywood, Marvel Comics Locations: Rome, Hawaii, Maui
☆ 1,200 baby boomers told us what they regret about investing for retirement
  + stars: | 2024-11-23 | by ( Noah Sheidlower | ) www.businessinsider.com   time to read: +9 min
Millions of Americans facing retirement are worried they won't be financially prepared — or fear that they'll have to work forever. Others said they took Social Security too early or retired without a long-term financial plan. Some older Americans wish they'd had more investing knowledgeA major theme among BI's survey respondents was that they lacked knowledge about investing. She also didn't realize that because she has a pension in addition to receiving Social Security when she retires, she would be affected by a little-known Social Security provision that would lower her monthly check. Between her pension of $713 monthly and Social Security, which she expects will be between $1,200 and $1,400 monthly, she'll have just enough to cover her rent.
Persons: they'd, boomer, Gary Lee Hayes, he'd, Hayes, Charles Schwab, Nancy Seeger, Seeger, she's, I've, Nevenka Vrdoljak, Vrdoljak, PJ White, White, She's, hasn't Organizations: Social Security, Navy, Verizon, Vanguard, Transamerica Institute, Medicare, Bank, America's, Bank of America, Merrill, Bank of America Private Bank Locations: California, Cleveland, San Diego
☆ How Navy cooks are trained
  + stars: | 2024-11-22 | by ( Aj Caldwell | ) www.businessinsider.com   time to read: 1 min
The Navy trains 3,900 new culinary specialists every year at the Navy Culinary Specialist "A" School at Fort Gregg-Adams, Virginia. Students learn the importance of sanitation and nutrition, techniques of cookery, small-quantity baking, and culinary math. Their training culminates during Galley Week, when the students spend a week preparing meals in a kitchen environment similar to what they'll find on Navy vessels. Once they graduate, new culinary specialists will spend three to five years preparing meals at sea, deploying for up to nine months at a time.
Persons: Fort Gregg, Adams Organizations: Navy, Fort Locations: Adams , Virginia
☆ My mother-in-law often asks my kids when they'll make them great-grandparents. I don't mind if it never happens.
  + stars: | 2024-11-22 | by ( Claudia Laroye | ) www.businessinsider.com   time to read: +3 min
AdvertisementWhenever we're with my mother-in-law, she asks my son and daughter-in-law when they'll have kids. While some part of me likes the idea of being a grandparent, I don't mind if it never happens. Without fail, every time we get together, my dear mother-in-law asks, "When are you having children?" I also swore I would not ask them about having children and have since kept that promise. In that, I'm sure I'm like every other parent, wishing for a crystal ball to allay anxieties and lost sleep over what cannot be foreseen or controlled.
Persons: they'll, pinky, I've, It's, —, I'm
☆ 100-year-old skeleton found in coffin on the shores of the Chesapeake Bay
  + stars: | 2024-11-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Rebecca Cohen | ) www.nbcnews.com   time to read: +3 min
A Maryland man recently made a remarkable discovery in the Chesapeake Bay: An almost-whole human skeleton that appears to be at least a century old. NBC Washington reported George Oliver, who lives in Calvert County, was walking the shores of the bay on Nov. 4, looking for fossils, as he usually does. Oliver told the station that he could see the coffin, but that it was completely submerged in water. "When I first found it, you could not tell that there was human remains," Oliver told NBC Washington. When he found the coffin, Oliver assumed that leg bone might have been a part of the newly-discovered skeleton.
Persons: George Oliver, Oliver, Kelcey Ward, Ward, it's Organizations: NBC Washington, NBC Locations: Maryland, Chesapeake, Calvert County, Calvert, NBC Washington, Oliver
☆ Here's the role every Trump family member will have — or won't have — in the White House
  + stars: | 2024-11-21 | by ( Talia Lakritz | ) www.businessinsider.com   time to read: +1 min
AdvertisementSome Trump family members will serve as unofficial White House advisors in his second term. After serving as a senior advisor during Trump's first term, Ivanka Trump will not reenter politics. President-elect Donald Trump's family members may not hold as many formal White House roles as they did during his first term, but they'll still remain important parts of his political operation. Aside from Melania Trump, who will return as first lady, Lara Trump holds the most established leadership position as cochair of the RNC. Other Trump family members like Ivanka Trump and Tiffany Trump will remain out of the spotlight.
Persons: Trump's, Ivanka Trump, Lara Trump, Ron DeSantis, Donald Trump's, they'll, Melania Trump, She's, Florida Sen, Marco Rubio's, he's, Barron Trump, Trump, Tiffany Trump Organizations: White House, RNC, Florida, Marco Rubio's Senate
☆ Parts of Russia are canceling New Year's parties to redirect funds to the war in Ukraine
  + stars: | 2024-11-21 | by ( Mia Jankowicz | ) www.businessinsider.com   time to read: +3 min
AdvertisementOfficials in two Russian regions have said public bodies won't be holding New Year's parties this year. The regions said that they're planning to redirect funds to the war in Ukraine instead, per reports. The governments of several Russian regions have decided not to hold New Year's parties, with many proposing to allocate savings to funding the war in Ukraine, according to multiple reports. The Buryatia region's Telegram account proposed using the saved funds for those participating in the war, and encouraged others to do the same. There are signs that Russia's public sector is under strain, with large layoffs planned in 2025.
Persons: Leningrad's, Vladimir Putin Organizations: New, Moscow Times, Telegraph, Church, Russian Kommersant, Atlantic Council Locations: Ukraine, Russia, Buryatia, Sakha, Ulan, Ude, Russia's, Tomsk, Saint Petersburg, Yaroslavl, Nizhny Novgorod, Russian
☆ CNBC Sport: The next big media rights deal isn't in the U.S.
  + stars: | 2024-11-21 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com   time to read: +17 min
In my inaugural CNBC Sport newsletter , I said the major American sports leagues have their media rights deals locked up for years to come. The NHL's Canadian media rights deal will end after next season. The company has said it intends to bid again for the Canadian media rights. In my inaugural CNBC Sport newsletter, I said the major American sports leagues have their media rights deals locked up for years to come. The NHL's Canadian media rights deal will end after next season.
Persons: Alex Sherman, Rogers, Gary Bettman, Amazon's, James Gay, Rees, Paul Martin –, Wayne Gretzky, Amanda Serrano, Nakisa Bidarian, Jake Paul, Mike Tyson, Katie Taylor, Taylor, Serrano, Tyson, Paul –, Amanda, Katie, Mike, Jake, Bidarian, Amanda's, hasn't, I'm, CNBC's Jake Piazza, Lillian Rizzo, Tiger Woods, Rory Mclroy, Mike McCarley, Steve Cohen's, Eli Manning, Derek Jeter, Michael Strahan, John McEnroe, Jimmy Fallon, Rickie Fowler, Xander Schauffele, Matt Fitzpatrick, Cameron Young, CNBC's Jess Golden, Dan Gilbert, Turner, John Tesh, LeBron James, Maverick Carter, Fulwell, Ben Winston, They'll, Peacock, CNBC's Dominic Chu, Mollie Marcoux Samaan, Marvel Entertainment Rob Steffens, Wanda Diamond, LOVB, LOVB Pro's, Michele Kang, Kang, Rob Manfred, That's, Manfred, Tomas Hertl, Thatcher Demko, Derek Cain Organizations: CNBC, CNBC Sport, Rogers Communications, NHL, National Basketball Association, National Football League, Rogers, Amazon Prime, Netflix, NFL, Amazon, Buffalo Bills, Kansas City Chiefs, CBS, Patriots, Sports Business, Golf Channel, Mike McCarley . New York Mets, Private Ventures, New, New York, WNBA, NBA's Cleveland Cavaliers, NBA, Warner Bros, Discovery, Turner Sports, U.S, ESPN, ABC, NBC, NBC Sports, SpringHill, Comcast, USA, English Premier League, NASCAR, WWE, Olympics, Marvel Entertainment, American Hockey League, Wanda Diamond League, Atwater Capital, U.S . Soccer, MLB, The Athletic, Professional Fighters League, Dubai Department of Economy, Tourism, Dubai Sports Council, PFL, San Jose Sharks, Vancouver Canucks, Rogers Arena, Sports, Reuters Locations: —, Canada, Canadian, U.S, Amazon, Europe, Salt Lake City , Utah, Mike McCarley ., Cleveland, Northeast Ohio, Atlanta , Austin, Houston, Madison, Omaha, Salt, Dubai
☆ TGI Friday's Bankruptcy: Changing Tastes, Wall Street Crushed Chain
  + stars: | 2024-11-21 | by ( Emily Stewart | ) www.businessinsider.com   time to read: +11 min
The hundreds of TGI Fridays franchises across 41 countries are independently owned entities and, therefore, not part of the bankruptcy process. AdvertisementIf you're a TGI Fridays lover, that means you can still go to the one nearby if you want. Like companies in a similar situation, the story of TGI Fridays is one of slow decline before an accelerated crash. In addition to grappling with changing tastes, TGI Fridays has also been subject to another trend in the restaurant business: private equity financial maneuvering. It can always be Friday anywhere, not just TGI Fridays, and maybe at a better price point or nicer experience.
Persons: Ray Blanchette, Brandon Coleman III, Coleman, Weldon Spangler, It's, Jonathan Maze, Tom Cruise, Ruby, Chili's, You've, they'll, who'd, Burt, hasn't, There's, John Bringardner, Bringardner, that's, Ragini, Alicia Kelso, Kelso, TriArtisan, Hostmore, I'm, Emily Stewart Organizations: Street, Restaurant Business, Buffalo Wild Wings, NFL, Strategic Resource, — TriArtisan Capital Advisors, Sentinel Capital Partners —, Sentinel, Citibank, SEC, FTI Consulting, Creditsafe, Hooters, Business Locations: Beppo, New York, Olive, Nation's
☆ Act now for $7,500 EV tax credit: There's 'real risk' Trump will axe funding in 2025, lawyer says
  + stars: | 2024-11-20 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +4 min
Chris Unger | Ufc | Getty ImagesThere's considerable uncertainty over the contents of a future Republican tax package and the fate of the EV credit, experts said. Repealing all the IRA's green energy tax credits, including the EV credit, would offset that cost by about $921 billion, it said. She was getting ready to buy one thanks to the $7,500 EV credit, which made the vehicles more affordable, she said. To wait and buy in 2025 is "too big of a gamble" given Trump's antipathy toward the EV credit, she said. There's no question there's real risk in the EV credit going away.
Persons: Donald Trump, Jamie Wickett, Hogan Lovells, Wickett, Joe Biden, Trump, Chris Unger, Laura, Hogan, —, wouldn't, it's, Ingrid Malmgren, Malmgren Organizations: Digitalvision, Getty, Biden, Republicans, Capitol, IRA, Elon, UFC, Madison, Garden, Ufc, Security, Tax, Chrysler Pacifica, Local, Plug, U.S . Treasury Department, Treasury Locations: New York, Charlotte , North Carolina
☆ Tech founder who spends half of each week away from his wife and daughter: "I often feel very sorry and guilty"
  + stars: | 2024-11-20 | by ( Robin Madell | ) www.businessinsider.com   time to read: +7 min
AdvertisementAlex Li lives in Dover, Delaware, which is 55 miles from where his wife and daughter reside. As a 34-year-old founder, husband, and dad, Alex Li is away from his family more than he'd like to be. Related storiesMen should take on more family responsibilities, Li saidSome of Li's male friends didn't understand why he felt guilty. AdvertisementIf his wife needs a break, Li's daughter stays with him in Dover while his wife takes a vacation. "My daughter was incredibly excited since it had been years since we traveled together as a family," Li recalled.
Persons: Alex Li, Li, Li's, he'd, he's, He's, he'll, Jane Zhang Organizations: Universal Studios Singapore, Universal Locations: Dover , Delaware, Wilmington , Delaware, Dover, Texas, Wilmington, Spain
☆ Selena Gomez says she has to trick her way into auditions when casting refuses to consider her for certain roles
  + stars: | 2024-11-20 | by ( Olivia Singh | ) www.businessinsider.com   time to read: +3 min
AdvertisementSelena Gomez said she has a "tactic" for getting into auditions if casting directors don't think she's a fit. The actor told THR that she doesn't tell them in advance that she's auditioning. Gomez said this has been "the biggest challenge that I've faced as an actor." In other instances, she's told that they're interested in hiring a lesser-known actor — but end up casting someone notable. Gomez said this has been "the biggest challenge that I've faced as an actor," but she's found other workarounds for getting into auditions.
Persons: Selena Gomez, Gomez, I've, she's, they're, —, I'm, they'll, Paul Rudd, Dot, Annette Brown, Netflix Gomez, Barney, Alex Russo, Patrick Harbron, Emilia Pérez Organizations: Disney Channel, Hollywood, Netflix, Disney, Wizards Locations: Waverly, Hulu
☆ CNBC Daily Open: Investors prioritize Nvidia’s earnings over geopolitical risks
  + stars: | 2024-11-20 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
In this article BRBY-GB.N225SMCI.SPXNVDA.IXIC.DJI Follow your favorite stocks CREATE FREE ACCOUNTChip company Nvidia's headquarters in Silicon Valley in February 2024. Andrej Sokolow | Picture Alliance | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. I clearly expect to see some kind of immediate reaction, knee-jerk reaction," Tiffany McGhee, CEO and CIO of Pivotal Advisors, told CNBC. Considering Nvidia's performance over the past two years, however, it's hard to think of any other asset that will give investors the same sense of safety.
Persons: SPX, Andrej Sokolow, Tiffany McGhee, Stocks, McGhee, Gonzalo Asis, Blackwell, Jensen Huang, bubbled, Iordache, Katrina Bishop, Brian Evans, Samantha Subin, Pia Singh Organizations: Getty, CNBC, Nasdaq, Dow Jones, Reserve, Bank of America Securities Locations: Silicon Valley, Russia, Ukraine
☆ A man hid 5 boxes across the US with more than $2 million worth of treasure inside
  + stars: | 2024-11-20 | by ( Cheryl Teh | ) www.businessinsider.com   time to read: +4 min
AdvertisementJon Collins-Black has hidden five treasure chests across the US for a public hunt. Now, he's hidden five treasure boxes in locations around the US — and he wants people to find them. He wrote all the clues one needs to find these treasure chests into a book, "There's Treasure Inside." AdvertisementAll five treasure chests are also puzzle boxes, Collins-Black said — but if one finds the chest, instructions are placed with it outlining how to open the boxes, so people don't have to destroy them. "I don't have this desire for me to be long gone, and they're to be the 'Legend of the John Collins-Black treasures,'" he said.
Persons: Jon Collins, Collins, Black, they'll, George, Forrest Fenn, —, John Collins Organizations: BI, Collins Locations: California, Rocky
☆ 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
☆ No. 1 skill you need to run a money-making side hustle: ‘A gigantic portion of’ your success depends on it, says expert
  + stars: | 2024-11-20 | by ( Megan Sauer | ) www.cnbc.com   time to read: +2 min
More than a third of all U.S. adults have a side hustle, recent data shows. The people who make the most money have something in common: lots of emotional intelligence. "A gigantic portion of [side hustle] work involves emotional intelligence pretty heavily," says M.K., who ran Austin-based customer experience consulting firm The Heart Company for eight years before joining Indeed. The more you understand what other people need in their lives, the more you can build your product or service to be a useful solution, he notes. "I think [emotional intelligence] is going to be a big pillar of the future of work, especially with AI taking care of a lot of operational things," M.K.
Persons: Kyle M.K, they'll Organizations: The Heart Company Locations: Austin
☆ 7 key details from Elon Musk and Vivek Ramaswamy's DOGE plan
  + stars: | 2024-11-20 | by ( John L. Dorman | Alice Tecotzky | ) www.businessinsider.com   time to read: +8 min
On Wednesday, Musk and Ramaswamy outlined their vision for DOGE, which Musk previously said would cut $2 trillion from the federal budget. Ron DeSantis' Presidential Announcement with Elon MuskTheir opinion piece, published in the Wall Street Journal, is lengthy and dense, filled with Supreme Court rulings and decades-old statutes. Musk and Ramaswamy wrote that their goal for deep reform will be rooted in two Supreme Court rulings. Musk and Ramaswamy make it clear that by eliminating federal regulations, there should also be "mass head-count reductions across the federal bureaucracy." Musk and Ramaswamy note that Trump has implied that the statute is unconstitutional and predict that the Supreme Court would agree.
Persons: Elon Musk, Vivek Ramaswamy, Ramaswamy, Musk, Ron DeSantis, Loper, Raimondo, Chevron, Trump, haven't, DOGE, Musk's, Tesla, overreach Organizations: Department of Government, Florida Gov, Elon, Street, Management, Environmental Protection Agency, Chevron, Natural Resources Defense Council, Congress, Corporation for Public Broadcasting, Public Broadcasting Service, National Public Radio, Social Security, SpaceX, Trump, Musk Locations: Florida, America, West Virginia
☆ A tech founder who lives an hour away from his wife and daughter shares how he overcomes the guilt of not being home
  + stars: | 2024-11-20 | by ( Robin Madell | ) www.businessinsider.com   time to read: +7 min
AdvertisementAlex Li lives in Dover, Delaware, which is 55 miles from where his wife and daughter reside. Spending time away from his family so that he could work on his startup has led to guilt and regret. As a 34-year-old founder, husband, and dad, Alex Li is away from his family more than he'd like to be. AdvertisementIf his wife needs a break, Li's daughter stays with him in Dover while his wife takes a vacation. "My daughter was incredibly excited since it had been years since we traveled together as a family," Li recalled.
Persons: Alex Li, Li, Li's, he'd, he's, He's, he'll, Jane Zhang Organizations: Universal Studios Singapore, Universal Locations: Dover , Delaware, Wilmington , Delaware, Dover, Wilmington, Spain
☆ Meta is helping brands reach more audiences across social media — and it's all thanks to AI
  + stars: | 2024-11-20 | by ( ) www.businessinsider.com   time to read: +5 min
Generative AI helps brands build more engaging ads with creative variations. Using Meta's AI tools, ObjectsHQ simply loaded lifestyle photos of its best-performing products, along with a few captions. AI for advertisingObjectsHQ is just one of many brands harnessing the power of AI-powered ad tools. AI — particularly generative AI — gives businesses of all sizes the tools to connect with the right people and create diverse, engaging content. With AI tools that save time and complement human creativity, marketers can create ad campaigns that reach audiences everywhere.
Persons: Alfred Chehebar, Justin Osofsky, ObjectsHQ, Chehebar, Meta, Osofsky Organizations: ObjectsHQ, SMB Group, Global, Meta, Meta's, Business, Insider Studios
☆ Today's Mortgage Rates | Rates Up as Investors Remain Uncertain About December Fed Cut
  + stars: | 2024-11-20 | by ( Molly Grace | Sarah Silbert | Mortgage Reporter | ) www.businessinsider.com   time to read: +12 min
If the Fed doesn't cut rates in December, we may see mortgage rates inch up. See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Mortgage Refinance Rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are hovering around 6.60%, according to Zillow data. But now that inflation has decelerated and the Fed has started cutting rates, mortgage rates have trended down compared to where they were a year ago.
Persons: Jerome Powell, It's, they've, Freddie Mac, Fannie Mae Organizations: Federal Reserve, Fed, Mortgage Research, Zillow, Mortgage, Association, ARM, . Government Locations: Chevron, Government
☆ Trump demands immediate dismissal of hush-money case, saying he can't be sentenced while president-elect or president
  + stars: | 2024-11-20 | by ( Laura Italiano | ) www.businessinsider.com   time to read: +5 min
AdvertisementLawyers for Donald Trump on Wednesday demanded the immediate dismissal of his hush-money case. Trump can't be sentenced while either president-elect or president, they argued. Donald Trump's legal team filed for immediate dismissal of his New York hush-money case on Wednesday, arguing that he cannot be sentenced while either president-elect or president. "On November 5, 2024, the Nation's People issued a mandate that supersedes the political motivations of DANY's 'People,'" the defense filing concludes, using the acronym for the District Attorney of New York. One prosecutor should not have "practical power to interfere with the ability of a popularly elected president to carry out his constitutional functions," the defense filing says.
Persons: Donald Trump, Trump, Donald Trump's, Trump's, DANY's, Todd Blanche, Emil Bove, Attorney Alvin Bragg, Bragg, Juan Merchan, Stormy Daniels Organizations: Wednesday, District, Manhattan, Attorney, Democrat, New York City Locations: Manhattan, York, New York, New
☆ Fintech unicorns are watching Klarna's debut for signs of when IPO window will reopen
  + stars: | 2024-11-19 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
Last week, Klarna made a confidential filing to go public in the U.S., ending months of speculation over where the Swedish digital payments firm would list. Still, the development drew buzz from fintech circles with market watchers asking if the move marks the start of a resurgence in big fintech IPOs. For now, that doesn't appear to be the case — however, founders say they'll be watching the IPO market, eyeing pricing and eventually stock performance. Hiroki Takeuchi, CEO of online payments startup GoCardless, said last week that it's not yet time for his company to fire the starting gun on an IPO. However, Zopa's CEO added that he's seeing signs pointing toward a more favorable IPO market in the next couple of years, with the U.S. likely opening up in 2025.
Persons: Hiroki Takeuchi, Zed Jameson, Klarna, they'll, Takeuchi, GoCardless, Lucy Liu, Airwallex, it's, Liu, Jack Zhang, We're, fintech IPOs, Navina Rajan, It's, Rajan, Jaidev Janardana, Janardana, that's Organizations: GoCardless, Bloomberg, Getty, Portugal —, CNBC, Summit, British, U.S Locations: LISBON, Portugal, U.S, Lisbon, Europe
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