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For others, such as the $3 billion hedge-fund platform Crestline Summit, it is a part of their expansion plans. One such manager is former Citadel PM Josh White, who started trading at his London-based Regents Gate earlier this year with capital from Crestline. Advertisement"Some of our competitors are kind of an indentured servitude model," said Scott Nelson, who runs the client partnership group. The brand the firm is trying to push externally is that they are "capital partners, not capital providers," Nelson said. AdvertisementA person familiar with the manager's flagship strategy said Crestline was up nearly 12% in 2023, besting funds such as Point72 and Millennium.
Persons: , Caroline Cooley, Crestline, we're, ExodusPoint, Michael Gelband, Neilson Arbour, multimanagers, Arbour, Cooley, Josh White, Scott Nelson, Nelson Organizations: Service, of, Crestline Summit, Texas, Citadel Locations: Texas, The Texas, of Texas, New York, London, Crestline
Melania Trump in her new book questioned the early Arizona call for Biden on election night in 2020. AdvertisementFormer first lady Melania Trump in her new memoir echoed her husband, former President Donald Trump, by continuing to cast doubt on the results of the 2020 presidential election. Related storiesThe Associated Press projected that Biden would win Arizona hours after Fox News had made their call. But among news outlets, there was some hesitation to call Arizona for Biden early on given the close margin in the state. projections in very important races) because we couldn't rule out a Trump victory based on the available data," he said.
Persons: Melania Trump, Biden, , Donald Trump, Joe Biden, Nate Cohn Organizations: Service, GOP, Republican, Democratic, Fox News, Trump, Arizona, Associated Press, Biden, The New York Times, The Times, Fox Locations: Arizona, Washington , DC, Maricopa County
New York CNN —The cost of a Mega Millions ticket is more than doubling, but the multi-state lottery game is promising that the bigger price comes with better odds. It’s the second time the price of a ticket has increased in Mega Millions’ 22-year history: In 2017, the price jumped from $1 to $2 — the same cost of a Powerball ticket. That’s also when Mega Millions adopted its current format of choosing six total numbers from two different pools – and when all the numbers match, including the gold Mega Ball, the player wins the jackpot. Mega Millions said that the increased ticket price will cause larger-starting jackpots, as well as faster-growing jackpots. Mega Millions is available to play in 45 states plus Washington, DC, and the US Virgin Islands.
Persons: It’s, That’s, , Joshua Johnston Organizations: New, New York CNN, Mega, Mega Millions Consortium, Virgin Islands Locations: New York, Florida, Washington, Virgin
I've wanted Home Depot's 12-foot skeleton since it first was a thing. (See our "alternatives" section below if you can't get your hands on the 12-foot skeleton.) James Brains/Business InsiderThe 12-foot skeleton didn't just arrive via the classic FedEx or UPS. While it's quite cumbersome, someone might try to steal your 12-foot skeleton, which only weighs about 60 pounds. The 12-foot skeleton has become a landmark in my neighborhood.
Persons: I've, it's, Skelly Skelly, Skelly, James Brains, Jack Skellington, Erin Brains, Skelly Ripa, Skelloncé, MaSkully Skullkin, We've, we've Organizations: Business, Bowl, Skelly The East, Skelly The East Lansing Home Depot, FedEx, UPS, Depot Locations: Skelly The East Lansing
UK PM Starmer's chief of staff quits after talk of in-fighting
  + stars: | 2024-10-07 | by ( ) www.cnbc.com   time to read: +1 min
British Prime Minister Keir Starmer reacts as he meets with Defence Secretary John Healey and Member of the House of Lords George Robertson at 10 Downing Street on July 16, 2024 in London, England. British Prime Minister Keir Starmer's chief of staff Sue Gray resigned on Sunday following rumors about tensions within his team of advisers that cast a shadow over his government little more than three months after a landslide election victory. Starmer led the Labour Party to a sweeping victory in July, promising discipline and change after 14 years of Conservative Party rule. But his time in office has already been dogged by criticism of free gifts from wealthy donors that he and other Labour politicians received. Gray will take up a new post as Starmer's envoy for the regions and nations, the prime minister's office said.
Persons: Keir Starmer, John Healey, George Robertson, Keir Starmer's, Sue Gray, Gray, Starmer Organizations: British, Defence, Downing, Labour Party, Conservative Party, Labour Locations: London, England, British, Downing
You may have noticed how desperate some politicians' fundraising appeals can sound. AdvertisementIf you're a person who's at all involved in politics, from the most seasoned operative to the casual observer, you're undoubtedly familiar — and perhaps a bit annoyed — with the desperate fundraising appeals uttered in the voice of politicians. AdvertisementWe weren’t quite able to reach our most recent re-election campaign fundraising goal. If the candidate is inspiring to voters on their own, there's less need to scare people into sending them money. "There's an assumption that the more desperate the appeals become the better the fundraising works," Pennington said.
Persons: , Nancy Pelosi's, It's, I’m, Tim Kaine, Mike Nellis, Barack Obama's, Ted Cruz’s, it’s, Donald Trump's, I've, Kenneth Pennington, There's, Nellis, Pennington, aren't, that's, John Hall, Kamala Harris, Joe Biden Organizations: Service, Democratic, Citizens United, FEC, Bloomberg, Tech, Republicans, Washington Post, Trump, RNC
TOKYO, JAPAN - OCTOBER 1: Japan's new Prime Minister Shigeru Ishiba attends a press conference at the prime minister's office on October 1, 2024 in Tokyo, Japan. Japanese Prime Minister Shigeru Ishiba said he has asked ministers to formulate an economic relief package to ease the bite of inflation. The support measures would include subsidies to low-income households and significantly larger grants to local governments, Ishiba said in the speech. On Monday, just three days after being elected as head of Japan's ruling party, the new prime minister set the date for the snap election. During his speech, gains in Japan's Nikkei 225 narrowed to 0.09% while the broad-based Topix was up 0.36%.
Persons: Shigeru Ishiba, Ishiba, Topix Organizations: Reuters, Local, Japan's Nikkei, U.S . Locations: TOKYO, JAPAN, Tokyo, Japan, Japanese, Japan's
On October 21, 2021, Alec Baldwin fired a gun while rehearsing a scene for the movie "Rust" that killed cinematographer Halyna Hutchins and injured director Joel Souza. Prop masters union said the gun Baldwin fired contained live roundsAn email from the International Alliance of Theatrical Stage Employees Local 44 to its members revealed that the gun Baldwin fired had a live round, according to Indiewire. The email from the union also confirmed that the shot Baldwin fired hit both Hutchins and Souza. The Times also reported that a search warrant was issued of the "Rust" set and that a judge has ordered that all equipment be searched for evidence. AdvertisementPrevious reports from the "Rust" set say two accidental gun discharges happened the weekend before the fatal shooting of Hutchins.
Persons: Alec Baldwin, Halyna Hutchins, Joel Souza, Hannah Gutierrez, Reed, Baldwin, , Hutchins, Souza, Christus St, Mark Sagliocco, KOAT, Instagram, halynahutchins Baldwin, Dave Halls, ANNE LEBRETON, Juan Rios, Rios, armorer Hannah Gutierrez, Ryan Kiera Armstrong, Nicolas Cage, Gutierrez, Reed's, armorer, Armstrong, Hollywood armorer Thell Reed, Mamie Mitchell, Mitchell, Jim Spellman, Halyna, Kevin Mohatt, Rust, Matt Hutchins, Joel, Alec, Jae C, Sam Wasson, Santa Fe Sheriff Adan Mendoza, Facebook Armorer Gutierrez, Hannah, Jason Bowles, Robert Gorence, Stu Brumbaugh, Serge Svetnoy, Facebook Hutchins, George Stephanopoulos, Stephanopoulos Organizations: Service, Santa Fe New, Los Angeles Times, University of New, University of New Mexico Hospital, Christus, Vincent Regional Medical Center, International Alliance, Construction, New, The New York Times, Associated Press, Times, Getty, New York Times, LA Times, Daily, Metro, Santa Fe Sheriff's, CNN, REUTERS, Albuquerque Civic, The New York, New York, American Film Institute, AP, Police, Office, Halls, The, ABC Locations: Poland, Western, EnergaCamerimage, Here's, Santa, Santa Fe, Santa Fe , New Mexico, University of New Mexico, New Mexico, AFP, Santa Fe County, Albuquerque , New Mexico, Albuquerque, Fe, Mexico
Jean Kang, 32, brings in about $20,000 a month with her business. Growing up in the San Francisco Bay Area, she had always envisioned herself working for a big tech company. Having witnessed the rise of Silicon Valley from her own backyard, she worked hard to land her first tech job. "I was very shocked that I could supplement my take home pay from my tech job, [adding] another $30,000 completely by myself," said Kang. She has also scaled her business by shifting from doing mostly one-on-one coaching to running 5-week group programs.
Persons: Jean Kang, Jean Kang Jean Kang, Kang Organizations: San Francisco Bay Area, CNBC Locations: San Francisco Bay, Silicon Valley
Despite dovish comments from Japanese Prime Minister Shigeru Ishiba leading to a sharp plunge in the yen , market analysts aren't budging from their Bank of Japan policy expectations for the longer term. The yen slid to as weak as 147.15 against the U.S. dollar on Wednesday, after Ishiba told reporters that the current economic climate does not require an additional rate increase. The prime minister's comments marked a drastic change in tone compared with the messaging on his recent campaign trail. On Thursday morning, BOJ board member Asahi Noguchi said that the central bank should continue its accommodative monetary policy for the time being. He noted that it will take a while to change the public's perception that prices will not increase significantly in the future.
Persons: Shigeru Ishiba, aren't budging, Ishiba, Kazuo Ueda —, Abe Shinzo's, Stefan Angrick, Angrick, Asahi Noguchi Organizations: Bank of, U.S, Bank of Japan, Liberal Democratic Party, Moody's, CNBC Locations: Bank of Japan
Mark Rutte, incoming secretary general of the North Atlantic Treaty Organization (NATO), during a transition ceremony at the NATO headquarters in Brussels, Belgium, on Tuesday, Oct. 1, 2024. Mark Rutte, the affable and meticulous former Dutch premier, has a daunting task ahead to keep the defense alliance a global force. "As Secretary General, I will work on three main priorities," Rutte said as he took over the reins from Jens Stoltenberg during a handover ceremony in Brussels. "The first is to keep NATO strong and to ensure our defenses remain effective and credible against all threats. U.S. President Donald Trump (L) speaks with Jens Stoltenberg, Secretary General of NATO as they attend the NATO summit at the Grove Hotel on December 4, 2019 in Watford, England.
Persons: Mark Rutte, Rutte, he's, , Donald Trump, Jens Stoltenberg, Vladimir Putin, Armida van Rij, Kamala Harris, I'm, She's, Dan Kitwood Organizations: Atlantic Treaty Organization, NATO, Bloomberg, Getty, U.S, Ukraine, European Union, Kremlin, Chatham House, Royal United Services Institute, Republican, Trump Locations: Brussels, Belgium, Netherlands, Russia, Ukraine, China, North Korea, Iran, NATO, Moscow, Grove, Watford, England
Gold and crude oil rallied, while the 10-year Treasury yield dropped. On the economic data front, job openings rose unexpectedly in August. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Traders elected to crowd into safe-haven assets like gold as Iran launched a barrage of missiles toward Israel on Tuesday. AdvertisementAs oil rallied, so did gold and the bond market, with investors piling into risk-off assets.
Persons: , Helima Croft, Quincy Krosby, Bill Adams Organizations: Treasury, Service, Traders, RBC Capital Markets, CNBC, Global, LPL, Labor, Comerica Bank Locations: Israel, Iran, Lebanon
Watch now: ETF Edge on the rise of preferred stocks
  + stars: | 2024-09-30 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
[The stream is slated to start at 1:10 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
Newly-elected leader and sitting chairperson of the Liberal Democratic Party (LDP) Shigeru Ishiba speaks during a press conference following his election in the party leadership elections on September 27, 2024 in Tokyo, Japan. Lawmakers there will meet tomorrow to confirm him as the country's next prime minister. Japan's incoming prime minister, Shigeru Ishiba, said on Monday he will call a general election for Oct. 27 following his victory in one of the closest ever leadership races for the ruling Liberal Democratic Party. Ishiba on Monday began picking government and party officials who will contest the upcoming general election with him. Ishiba, 67, won the LDP leadership race on his fifth attempt with strong backing from rank-and-file members.
Persons: Shigeru Ishiba, Ishiba, Katsunobu Kato, Yoshimasa Hayashi, Takeshi Iwaya, Gen Nakatani, Yoji, Takaichi, Hiroshi Shiratori, Shinjiro Koizumi, Yoshihide Suga, Koizumi Organizations: Liberal Democratic Party, U.S, Reuters, Media, Hosei University, Takaichi Locations: Tokyo, Japan
After seeing its departure postponed several times, Villa Vie Odyssey finally set off from Belfast, Northern Ireland, Monday night. [Villa Vie] did it! People embrace after hearing that Villa Vie Residences' Odyssey cruise ship would sail on September 30 after long delays. Andy Garrison, 75, carries a model of the Titanic as he boards the Villa Vie Odyssey cruise ship on September 30. And after a long wait, the Villa Vie Odyssey has finally set sail.
Persons: Fred, Olsen Cruise, Canen, , Villa, Mike Petterson, it’s, “ I’ve, ” Petterson, Petterson, Clodagh Kilcoyne, Johan Bodin, Andy Garrison, Reuters Villa, CNN’s Marnie Hunter Organizations: CNN, Vie Residences, Passengers, Hawaii –, Reuters, Sea Cruises Locations: Belfast, Northern Ireland, Braemar, Hawaii
CNBC is now accepting nominations for our second annual Changemakers list. The list recognizes women transforming business and philanthropy, female leaders who have accomplished a meaningful achievement in 2024. Changemakers are taking novel approaches to old business problems and identifying new business opportunities. The list will be announced next year, and our second annual Changemakers Summit is set for next spring. Submit a nomination for the 2025 Changemakers list.
Persons: Dina Powell McCormick, Donald Trump, Marcela Miguel Berland, Tory Burch, Burch, Emma Carrasco, Corporate Affairs Srikant Datar, Harvard Business School Dean Karen Finerman, Ken Frazier, Desiree Gruber, Oscar Munoz, Laurene Powell Jobs, Emerson, Merline Saintil, Sheryl Sandberg, Stacy Smith, Spencer Stuart Organizations: CNBC, Fortune, Global Client Services, U.S . Deputy National, Tory, NBCUniversal, Corporate Affairs, Harvard Business School, Metropolitan Capital, Catalyst's Health, Merck, United Airlines, OptionB.org, Annenberg, LeanIn, McKinsey
Eradicating corruption in Malaysia continues to be a difficult hurdle Prime Minister Anwar Ibrahim needs to overcome if he wants to attract more foreign direct investments into the country. To my mind ... the major problem is poor governance and endemic corruption," he told CNBC's JP Ong. Anwar explained that both domestic and foreign investors will garner more confidence when they see consistency in transparent processes and a stronger commitment to put an end to corruption. "Although, we are still carrying on this mission, because I had strongly suggested that when, in terms of corruption, it is almost systemic. When it comes to systemic, which means the mission, the crusade against corruption, has got to be full force," he added.
Persons: Anwar Ibrahim, Anwar, CNBC's JP Ong Locations: Malaysia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK PM Keir Starmer on 2024 U.S. election: We will work with whoever the president isUK Prime Minister Keir Starmer joins 'Squawk Box' to discuss the country's stance on ongoing wars, UK's decision to suspend some arms exports to Israel, state of UK-U.S. relationship, his view on the 2024 U.S. election, and more.
Persons: Keir Starmer Locations: Israel
Palace of Laeken, Belgium CNN —Pope Francis has pledged to root out the “scourge” of clerical sexual abuse after Belgium’s prime minster urged him in unusually frank terms to take concrete action. Francis was addressing political leaders on Friday at the official residence of the King of Belgium, a country where devastating clerical abuse scandals have erupted in recent years. Before he spoke, both the Belgian king and Prime Minister Alexander de Croo raised the issue in their speeches, the latter speaking directly to the pope, in remarks that underline how the abuse crisis has come to dominate Belgian national attention. “This is the shame, the shame that we must all take in hand today and ask for forgiveness and solve the problem, the shame of abuse, of child abuse,” the pope said. The scandal has loomed large over the pope’s trip, during which Francis was also expected to meet 15 abuse survivors.
Persons: Belgium CNN — Pope Francis, Francis, King, Alexander de Croo, , , King Herod Organizations: Belgium CNN, Belgian Locations: Laeken, Belgium, Luxembourg, Belgian, Flemish
New York City Mayor Eric Adams is set to appear in court over bribery and wire fraud charges. AdvertisementAs New York City Mayor Eric Adams prepares for court, the number of Democrats calling for his resignation is growing. Meanwhile, at least four members of the New York City Council have encouraged Adams to step back, the outlet said. We deserve better, which is why Mayor Adams should step down," Sandy Nurse wrote on X. Hochul issued a statement on Thursday asking Adams to "find an appropriate path forward to ensure the people of New York City are being well-served by their leaders."
Persons: Eric Adams, Adams, , Katharine Parker, Alexandria Ocasio, Cortez, Brad Lander, Lander, John Avlon, Laura Gillen, Avlon, Sandy Nurse, Sen, John C, Liu, Kathy Hochul, Hochul Organizations: York City, Service, New York City, New York Times, New, Democratic Locations: York, Manhattan, Rep, Alexandria, New York City, Brad Lander , New York, New York, . New York
CNBC Daily Open: More all-time highs? Yes please
  + stars: | 2024-09-27 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This 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. Why are Treasury yields rising? Treasury yields tend to move in tandem with interest rates. When the U.S. Federal Reserve cut interest rates last week, it's not unreasonable to expect Treasury yields to dip.
Persons: Hong, it's, they've, Jeff Cox, Sam Altman, Bret Taylor, Sarah Friar, OpenAI's, Ishiba, Shigeru Ishiba, Sanae Takaichi Organizations: CNBC, Major, CSI, Treasury, U.S . Federal Reserve, Altman, PM, Liberal Democratic, Bank of, People's Bank of China, Barclays Locations: Major U.S, Asia, Pacific
The United Kingdom is pursuing investment from America's biggest banks and tech giants, as the country looks to infuse growth in its stagnant economy. "We now have a Labour government whose number one priority is wealth creation," U.K. Prime Minister Keir Starmer told CNBC's Andrew Ross Sorkin in an exclusive broadcast interview Thursday. "We are a Labour party that is proud to say we are pro business just as much as we are pro worker." In July, Starmer became the first leader from the center-left Labour party to win a U.K. national election since Tony Blair — ending 14 years of Conservative rule. This week, Blackstone committed to investing $13 billion to build a data center in the northeast of England.
Persons: Keir Starmer, CNBC's Andrew Ross Sorkin, Starmer, Tony Blair —, Brian Moynihan, Jane Fraser, Larry Fink, Brad Smith, Jonathan Gray, Blackstone Organizations: Labour, Conservative, United Nations General Assembly, Bank of America, Citi, BlackRock, Microsoft, Blackstone Locations: Kingdom, New York City, England, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK PM Keir Starmer: Prepared to do the 'tough' decisions to stabilize the economyUK Prime Minister Keir Starmer joins 'Squawk Box' to discuss corporate tax rates in the UK, his thoughts on a wealth tax, regulatory hurdles for corporations, achieving economic stability, and more.
Persons: Keir Starmer
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK PM Keir Starmer: We're pro-business just as much as we're pro-workerUK Prime Minister Keir Starmer joins 'Squawk Box' to discuss the country's pro-business agenda, his pitch to the U.S. business community, the country's $13 billion deal with Blackstone, and more.
Persons: Keir Starmer, Blackstone Organizations: UK
Israeli PM Netanyahu to address U.N.: Here's what to expect
  + stars: | 2024-09-27 | 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 EmailIsraeli PM Netanyahu to address U.N.: Here's what to expectWendy Sherman, Harvard Kennedy School of Government professor and former Deputy Secretary of State, joins 'Squawk Box' to discuss the state of the Israel-Hezbollah conflict, what to expect from Israeli PM Netanyahu's address to the United Nations, and more.
Persons: Netanyahu, Wendy Sherman Organizations: Harvard Kennedy School of Government, State, United Nations Locations: Israel
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