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Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jensen Huang, shouldn't, Huang, Salesforce, Jim, Jim Cramer's, DOV Organizations: CNBC, Nvidia, Dover Locations: Dover
Read previewThis as-told-to essay is based on a conversation with Gab Waller, a 30-year-old fashion sourcer in Los Angeles. In June 2018, I started my company as a fashion sourcer, although at the time, I referred to myself as a personal shopper. I serve high-profile clients, private clients with high discretionary incomes, and younger clients looking to purchase their first luxury item. My specialty is sourcing high-end fashion pieces that are sold out and in high demand, especially when it comes to footwear. I understand that shopping for luxury fashion can feel intimidating, so with my business I aim to eliminate that.
Persons: , Gab Waller, Lori Harvey, Khloé Kardashian, I've, I'd, it's Organizations: Service, Business Locations: Los Angeles
The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise. HMD, the company behind Nokia -branded phones, launched a Barbie-branded phone Wednesday that comes with calls, texts and a classic "flip" design — but no internet or social media apps. The HMD Barbie Phone is a hot pink device that flips open and shut and sports a bold "Barbie" logo on the back, harking back to the iconic fashion doll collection. A U.S. launch is planned "soon," according to HMD, which added that it will reveal exact details of the U.S. launch on social media. Unlike the internet-connected smartphones of today, which are the most widely adopted form factor when it comes to mobile devices, HMD's Barbie phone won't be connected to the internet.
Persons: Barbie, Lars Silberbauer Organizations: Mattel, Nokia Locations: U.S
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Related storiesBut it wasn't until Trump's 2016 election that brand safety really entered the mainstream marketing vernacular — and the culture wars. In 2023, more than 21,400 jobs were cut in the US media industry, according to the employment agency Challenger, Gray & Christmas. But some industry experts think it's too late to put the "content adjacency" genie back in the bottle. AdvertisementThe result, Tobaccowala fears, is a further winnowing of the media industry where only the biggest platforms and individual content creators survive.
Persons: , Elon Musk's, Donald Trump, Alex Marlow, Breitbart, Mark Penn, Tobaccowala, Tucker Carlson, Ingraham, Jessica Sibley, Taylor, Taylor Swift, Vittorio Zunino Celotto, Penn, it's, Richard Raddon, Ben Shapiro, Shapiro, Gregory Woodman, John Deere, Davidson, Kid, Bud, Bud Light, influencer Dylan Mulvaney, Gene J, Rob Kim Organizations: Service, Global Alliance, Responsible Media, Business, Breitbart News, News Corp, Groupe, Association for National, Companies, Giants, YouTube, Fox, Fox News, Facebook, Poets Department, Challenger, Getty, Penn, Publishers, The Daily, State of, US Department of State, Supply, Harley, Associated Press Locations: Ukraine, State of Texas, America
AdvertisementThat is, until this spring, when Canen and Bodin, both 54, uprooted their lives in Maui, Hawaii, to move onto a new residential cruise ship called Villa Vie Odyssey. AdvertisementThe couple sold their business in MauiBodin told BI that before Villa Vie, the couple had never really considered leaving Maui. "We went pretty much every day for two weeks and spent all day there until they kicked us off," Canen told BI. AdvertisementBefore committing to Odyssey, Canen and Bodin looked into Storylines, which plans to construct its own residential cruise ship, MV Narrative. AdvertisementAre you sailing on a residential cruise ship like Villa Vie or have a tip?
Persons: , Lanette Canen, Johan Bodin, Canen, Bodin —, we'd, Bodin, Mikael Petterson, Fred Olsen Cruise, Lanette, Villa Vie's, Villa, Maui Bodin, they've, Petterson, Villa Vie, We're, Angela, Stephen Theriac Canen, they'd, Kendra Holmes, they're Organizations: Service, Business, Villa, Residences, Fred Olsen Cruise Lines, South Pacific, YouTube, Sea Cruises, Cruises, Victoria Cruises Locations: Maui, Hawaii, Europe, Asia, Australia, South, North America, Africa, Belfast, Ireland, Braemar, Maui —, Italy, Croatia, Slovenia, Sweden, Canary, Norwegian, Villa Vie, Canen, Petterson
Mortgage rates dropped substantially earlier this month and they remain low today. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage RatesLast week, average 15-year mortgage rates were 5.62%, a four-basis-point decrease from the previous week, according to Freddie Mac data. Mortgage rates have been elevated for most of 2024, but they've been trending down in recent months. Once the Fed cuts rates, mortgage rates should fall even further.
Persons: Jerome Powell, Powell, you'll, Freddie Mac, it's Organizations: Federal Reserve, Traders, Zillow Locations: Jackson Hole, Chevron
This has helped cut the average price paid in July for a new EV to $58,619, which is 1% lower year-over-year, according to Edmunds. That's actually $4,366 cheaper than the average price paid in July for a new plug-in hybrid. Demand for hybrids is growing among a more practical group of green car shoppers who aren't ready to make the switch to a fully electric car. The average price paid for an EV still outpaces the average price paid for any new car by about $10,000. Car companies are leaning into this loophole with attractive EV leasing deals.
Persons: , That's, Jessica Caldwell, Edmunds, Caldwell Organizations: Service, Business, Cox Automotive, EVs, Hyundai, Dealers Locations: Edmunds, That's
SKIP AHEAD What to buy during Labor Day sales | What Labor Day sales to skip | When do Labor Day sales start? One of the categories experts recommend watching for the strongest Labor Day sales is summer clothing and shoes. Labor Day sales typically end once the holiday is over or the day after, says Shand. Expert shopping tips: How to make the most of Labor Day salesTo prevent yourself from making impulse purchases and overspending while shopping Labor Day sales, keep the following expert tips in mind. For this article, I interviewed three experts about what to shop during Labor Day and what sales to skip.
Persons: Bella Gerard, , You’ll, Mackenzie Shand, Vipin Porwal, Gerard, Shand, , it’s, It’s, you’ll, isn’t, TikTok Organizations: Labor, NBC, Manufacturers, Labor Day, Target, Walmart, Home, Amazon Prime, Amazon, Facebook, Twitter Locations: Rakuten
Top NewsFor months, the Biden administration waited to formally approve $20 billion in future American weapons sales to Israel, including F-15s and medium-range missiles. Almost none of the arms — which also include tank ammunition, tactical vehicles and mortars — are expected to be delivered to Israel for several years at least. The White House has tried to contain domestic opposition to arms for Israel in Congress, while attempting to keep the war against Hamas from escalating into a wider regional conflict. “We will continue to do what is necessary to ensure Israel can defend itself in the face of these threats.”Image An Israeli F-15 in southern Israel last year. Here is a look at the arms sales that the Biden administration notified Congress on Aug. 13 that it has approved.
Persons: Biden, Antony J, Blinken, , , Jack Guez, Benjamin Netanyahu, Israel, , Bradley Bowman, Mr, Bowman, Israel “, Northrop Grumman, AMRAAMs Organizations: Department, Agence France, Getty, U.S . Army, Foundation of Defense of Democracies, Boeing Corp, Defense Security Cooperation Agency, Dynamics, Northrop, Street Journal, CNN, State Department, Tactical, Oshkosh Corp, General Dynamic Ordnance, U.S, AIM, RTX Corp Locations: Israel, Gaza, United States, Congress, Israeli, Washington, Iran, Ukraine, Russia
Glowimages | Getty ImagesYou may have never heard of National Public Data, yet your personal information may have been compromised in the company's recent massive data breach. National Public Data did not return a request for comment by press time. Can you be affected even if you've never heard of National Public Data? Sites like National Public Data may allow for individuals to opt out of being included in their data collections. Additionally, identity theft monitoring tools will let you know if someone tries to open an account using your personal information.
Persons: James E, Lee, it's, you've, Cliff Steinhauer, Steinhauer, Organizations: Public Data, Jerico Pictures Inc, National, Theft Resource, Finance, Social Security, National Public, Public, National Cybersecurity Alliance, Social Locations: Maine, U.S
The average 30-year mortgage rate fell to 6.46% this week, according to Freddie Mac. 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. 30-Year Fixed Mortgage RatesThe average 30-year fixed mortgage rate was 6.46% this week, according to Freddie Mac. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 5.62% this week, according to Freddie Mac data, which is a four-basis-point decrease from the previous week. As inflation comes down and the Federal Reserve is able to start cutting the federal funds rate, mortgage rates should fall further as well.
Persons: Freddie Mac, Sam Khater, Freddie Mac's Organizations: National Association of Realtors, Zillow, Federal Reserve Locations: Chevron
Check price at Fubo What we like Check mark icon A check mark. Hulu + Live TVHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Check price at Hulu What we like Check mark icon A check mark. Check price at ESPN What we like Check mark icon A check mark. Check price at Amazon Prime Video What we like Check mark icon A check mark.
Persons: we've, Hulu's, There's, Max Max, Max, It's, Peacock, don't, We've Organizations: Business, AMC, TNT, TBS, CNN, ABC, CBS, FOX, NBC, ESPN, ESPN2, ION, NBA TV, NFL Network, MLB Network ABC, MLB, AMC TNT, Pro, Elite, NBA, NHL, TV, FS1, Hulu, Disney Plus, Disney, Nintendo, Showtime, MLB Network, NFL Network ABC, NFL, ION AMC, Tennis Channel, UFC, Doesn't, Paramount, Paramount Plus, Nickelodeon, Comedy Central, BET, MTV, UEFA Champions, Paramount Pictures, CBS Sports Network, Big Ten, UEFA Champions League, HBO, Max, Warner Bros, Parks, Recreation, NBC Sports, Amazon, Thursday, Football, Apple, Leagues Cup, MLS Locations: Hulu
How to stream NFL games without cableBelow, we'll dive deeper into all your NFL streaming options. We'll show you how to watch Thursday Night Football, Monday Night Football, Sunday Night Football, and more, whether you want an all-inclusive streaming service or cheaper monthly subscriptions. What you get:Local games on FoxLocal games on CBSSunday Night Football on NBCMonday Night Football on ESPNNFL Network gamesWhat you don't get:Thursday Night Football gamesOut-of-market games**Out-of-market games are available with the NFL Sunday Ticket package. What you get:Thursday Night Football gamesExclusive Wild Card game in January 2025What you don't get:Local games on CBSLocal games on FoxMonday Night Football on ESPNSunday Night Football games on NBCNFL Network gamesOut-of-market Sunday afternoon gamesNFL+NFL+ Subscription NFL Plus lets you stream live games to your phone or mobile device, and watch on-demand content from NFL Films and the NFL Network. The platform will let you watch local and primetime broadcast games (regular and postseason), NFL Network games, and out-of-market preseason games.
Persons: we've, Hulu's, Peacock, Al Michaels, Kirk Herbstreit, Kaylee, There's, DAZN, Flatenna, ExpressVPN, you'll Organizations: Business, NFL, Super, Football, TV, NFL Network, Fox, NBC, ESPN, CBS, Sling, ESPN NFL Network, Fubo, Hulu, Fox Local, Disney Plus, Disney, YouTube, NFL Redzone, Sports, NFL Sunday, Sunday, CBS Local, Fox Monday, Paramount, Nickelodeon, Comedy Central, BET, MTV, Showtime, Fox Sunday, Amazon, Amazon Prime, Thursday, ESPN Sunday Night, NBC NFL Network, NFL Films, NFL RedZone, MLB, NHL, UFC, ESPN ESPN, Jets, 49ers, Bengals, Seahawks, Lions, Ravens, Buccaneers, Chargers, Cardinals, Giants, Steelers, Cowboys, Bears, Apple, Android, Smart, Sony, LG, Panasonic, PlayStation, Xbox, Night Football NFL Network, Twitch Locations: United States, China, United Kingdom, Canada, Australia, AWST
Wall Street traders think next week's earnings report from Nvidia is likely to give the chip stock another boost, according to one interpretation of options market pricing. A Piper Sandler research note on Thursday from Benson Durham and Melissa Turner said short-term options on Nvidia look expensive, but that high cost is tilted toward options that serve as bets the stock will rise. So, expensive NVDA options in general don't connote very much investor angst heading into the release," the Piper Sandler report said. The market optimism about Nvidia extends beyond the immediate period after the earnings report, according to Piper Sandler. The Piper Sandler researchers did not take a fundamental position on Nvidia's earnings report.
Persons: Piper Sandler, Benson Durham, Melissa Turner Organizations: Nvidia, Apple, Microsoft
Fortunately, we like to earn American Express Membership Rewards and Chase Ultimate Rewards points. I also transferred Chase points to Hyatt and redeemed them for one night in a hotel in the city. Annual travel credit can effectively shave $300 off the annual fee if you use itCheck mark icon A check mark. $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Another Southwest flight home to Denver, also courtesy of credit card rewards, and our anniversary spectacular was complete.
Persons: , Chase, Chase Travel ℠, Hilton, It's, we're Organizations: Service, Business, American, American Express, ANA Airlines of, Polish Airlines, Chase, Southwest Airlines, LaGuardia, Hyatt, Chase Travel, Sapphire, Chase Sapphire, TSA, FDIC, Hilton Lost Property, Hilton Honors Business, Hilton, Eurostar, ANA, Southwest Locations: London, Paris, Normandy, ANA Airlines of Japan, Newark, New York, JFK, Warsaw, Denver, Central Park, Paul's, New York City
Emery Wells put himself on the path to a dream career by recklessly buying a $17,500 camera that he definitely couldn't afford. By 2014, his post-production company Katabatic Digital brought in more than $1 million in annual revenue from clients like Coca-Cola and Pfizer. Wells: Post-production is client service work. Did you always think Frame.io could become a billion-dollar company? I don't know if we're really going to get there."
Persons: Emery Wells, who'd, Wells, John Traver, shuttering, Traver, I'd, Mark Zuckerberg, Mark, we're Organizations: CNBC, Adobe, Digital Cinema, Katabatic, Cola, Pfizer, Frame.io Locations: Wells, New York, Katabatic
As crypto investing becomes more mainstream and institutionalized with bitcoin ETFs, Wyoming is already pushing into the next phase of growth for crypto: consumer payments. The visionWyoming is currently vetting potential partners and vendors with more tech expertise to help build the stable token. From there, it should be just another payment method for everyday things, said Flavia Naves, a commissioner at the Wyoming Stable Token Commission. "This is a public token as well so as with any public service, all the information is available." The commission invites the public virtually to its meetings on the stable token and posts the minutes to its website afterward.
Persons: Long, Gordon, Washington's, Mark Gordon, it's, Flavia, we've Organizations: CNBC, treasuries, Treasurys, State, U.S ., Treasury, Federal Reserve, Atlantic Council Locations: United States, Wyoming, Jackson, Jackson , Wyoming, Solana
Hailed as Britain's Bill Gates, Lynch sold Autonomy, his groundbreaking data-management company, to Hewlett-Packard for $11 billion. Shareholders and business commentators were puzzled about what HP, a hardware company, would do with Autonomy, a software company — and why the latter was worth $11 billion. A year after the acquisition, HP wrote down $8.8 billion of the purchase value and accused Lynch of lying about Autonomy's finances. Lynch said HP stifled Autonomy with mismanagement and bureaucracy that pushed out employees and stymied sales. "This verdict closes the book on a relentless 13-year effort to pin HP's well-documented ineptitude on Dr. Lynch," Morvillo said in a joint statement with his attorney colleague Brian Heberlig.
Persons: , Mike Lynch, Bill Gates, Lynch, Sushovan Hussain, Stephen Chamberlain, Chamberlain, Chris Morvillo, Léo Apotheker, Apotheker, Meg Whitman, James B, Stewart, Time Warner, Bryn Colton, Hussain, hadn't, Henry Nicholls, David Cameron, Cameron, Lynch —, Whitman, Apotheker's, Robert Hildyard, Hildyard hadn't, wasn't, that'd, Guglielmo Mangiapane Morvillo, Morvillo, Brian Heberlig, Angela Bacares, Hannah, Charles Morvillo Organizations: Service, Autonomy, Hewlett, Packard, HP, Business, Cambridge University, Cambridge, Oracle, Adobe, Cisco, Shareholders, New York Times, Time, FBI, Deloitte, Telegraph, The New York Times, KPMG, US Justice Department, Justice Department, High Court, REUTERS, BBC, British Museum, Politico, The Times, Times, Bacares Locations: San Francisco, London, California, Kenya, Sicily
The World, a luxury liner, has many descriptions, but "cruise ship" is not one of them, said resident Jim Minarik. "The only thing that's similar between the world and a cruise ship is they float on the water," he said. Minarik and his wife bought their apartment in 2020 with plans to spend one to two months a year on the ship. Source: The WorldYet money is not a big topic aboard The World, Minarik said. Wong said that while other companies have tried, The World is still the only ship of its kind.
Persons: Jim Minarik, we're, Minarik, Eddie Wong, Wong, There's, I'd Organizations: CNBC, CNBC Travel Locations: Singapore, Antarctica, French Polynesia, Easter, Amalfi Coast, Australia's Kimberley, Papua New Guinea, Solomon, South America, South Africa, Cape Town, Orange County , California, Africa's, Penola Strait
Read previewAdam Neuman's post-WeWork venture Flow was launched with a $350 million check and stakes in six buildings. Now, one of those buildings is struggling, and equity investors risk being wiped out. Crowdfunding platform Yieldstreet, which has helped raise money for the property, recently told its equity investors that their investments could be wiped out. Flow launched in 2022 with investments in six apartment buildings, including the now-troubled Nashville property, and a $350 million check from venture firm Andreessen Horowitz. A Flow spokesperson sought to distance the Miami-based startup from the 2010 West End property, saying that Flow has never managed the building and is only the minority equity owner.
Persons: , Adam Neuman's, Andreessen Horowitz, Neumann, WeWork, Neumann's, Yieldstreet, Nazare, Adam Neumann, They're, they're Organizations: Service, Business, Nazare, Yieldstreet, BI, SEC Locations: Nashville, Miami, Denver, Fort Lauderdale
Read previewBack in the 80s and 90s, school shopping seemed straightforward and relatively inexpensive. As the parent of four children who's been back-to-school shopping for over a decade, I have realized the real key to surviving this time of year is being creative. With two in middle school and two in college, back-to-school shopping costs me almost as much as (if not more than) our family's most expensive holiday, Christmas. If nothing works out from last year's clothing, many secondhand stores will buy the kid's clothes that no longer fit. If they choose to spend more on school supplies, it will impact the amount they are allowed to spend on clothes.
Persons: , I'm, who's, I've, haven't Organizations: Service, Business, Local, Facebook, Nike
They'll hand 5%, or $25,000, to their agent, who then gives half, or $12,500, to the buyer's agent. They also feared that buyers' agents might "steer" clients away from homes that dared to offer less than the going rate. But in order to keep using the MLS, buyers' agents will have to abide by another rule that will further upend the old way of doing things. In the old days, a seller might have unthinkingly offered a commission of 2% or even 3% to the buyer's agent. The idea that sellers pay both agents' commissions has always been a clever sleight of hand.
Persons: they'll, didn't, Laura Ellis, they'd, Sellers, Tanya Monestier, Monestier, Ellis Organizations: Realtors, Baird & Warner, MLS, National Association of Realtors, NAR, Consumer Federation of America, California Association of Realtors, CFA, University at Buffalo Locations: Chicago, America, California
Traditionally, home sellers in the US have been responsible for paying real estate commissions. The standard 5% or 6% commission was usually split between the seller’s broker and the buyer’s broker, referred to as cooperative compensation. After August 17, sellers and their agents are prohibited from advertising how much they would pay to a buyer’s agent in the MLS. Given the new rules, McMahan said she might reconsider her offer of a 3% buyers’ broker commission the next time she sells her home. These agreements are intended to inform buyers that they may be responsible for covering their Realtor’s commission payment themselves if a seller chooses not to offer it.
Persons: Dana McMahan, ” McMahan, , McMahan, , ­ —, David Ryder, Bill Colson, Colson, ” Colson Organizations: CNN, National Association of Realtors, Realtors, MLS, , NAR, Bloomberg, Getty, Maryland, Navy Locations: Louisville , Kentucky, Blue Ridge , Georgia, Maryland, Georgia
How much is too much to spend on jeans?
  + stars: | 2024-08-18 | by ( Fiona Sinclair Scott | ) edition.cnn.com   time to read: +8 min
Of course, there were the aghast social media comments, those are to be expected, but the moment also inspired a reasonable question: How much is too much to spend on jeans? These jeans are something of an outlier, having been designed — undoubtedly — with celebrities and the 1% in mind. Cheaper options are plentiful across the market — from classic $100 Levi’s to newer denim brands, such as MUD Jeans or ELV Denim, emphasizing their sustainable or circular credentials (jeans in this category tend to be priced around $200 to $500.) A brief buyer’s guideNew York-based stylist and newsletter author Becky Malinsky wearing Auralee jeans. “I feel, personally, there are many sustainable brands out there that are producing a really good pair of jeans for around $150 to $200.
Persons: Blake Lively, Valentino, Porter, Ssense, Jean Paul Gaultier, Ralph Lauren, Becky Malinsky, , , don’t, Malinsky, jean I, it’s, Sid Marshall, jean, Eric Charbonneau, Sandra Capponi, Ani Wells, Wells, , you’re, can’t, Kurt Cobain’s Organizations: CNN, Gabbana, Citizens, Humanity, Transformers Foundation Locations: New York
Shopping hauls are so back
  + stars: | 2024-08-17 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +8 min
CNN —Aria Liu, 17, regularly posts shopping haul videos to her YouTube channel, which has 300,000 subscribers. “I don’t know what it is, but when I’m shopping online, money doesn’t feel real.”Liu’s not alone. Shopping hauls have existed for years, if not decades. Aria Liu says that the shopping haul videos she posts on her YouTube channel, “urmomsushi,” are the ones that garner the most views. There’s also a growing body of research that is questioning whether social media can be dangerous, especially for younger users.
Persons: Aria Liu, , , ” Liu’s, Liu It’s, Philippa Ward, Katie Fang, TikTok, Fang, hashtags, Alistair Berg, Matthias Lehner, ” Lehner, Katrina Caspelich, There’s, there’s, ” Caspelich Organizations: CNN, YouTube, Consumer, US Commerce Department, Consumer Financial, University of Gloucestershire, Research, Federal Reserve Bank of New, Centre for Retail Research, Lund University Locations: Federal Reserve Bank of New York, TikTok, Lund , Sweden,
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