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☆ Here are some big money blind spots you need to avoid, advisors say
▼ + stars: | 2024-04-04 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Here are some of the biggest financial blind spots, according to several certified financial planners on CNBC's Digital Financial Advisor Council. 1. Credit scoresConsumers often don't understand the importance of their credit score, said Kamila Elliott, CFP, co-founder and CEO of Collective Wealth Partners based in Atlanta. The average person with a credit score between 760 and 850 would get a 6.5% interest rate, according to national FICO data as of April 1. The latter's monthly payment would cost $324 more relative to the person with a better credit score — amounting to an extra $116,000 over the life of the loan, according to FICO's loan calculator. "Ten out of 10 people couldn't explain how the tax withholding system works," said Ted Jenkin, CFP, CEO and founder of oXYGen Financial based in Atlanta.

Persons: Kamila Elliott, Wills, Barry Glassman, I'm, Glassman, Elliott, That's, Ted Jenkin, Uncle Sam, Jenkin Organizations: Getty, Digital Financial, CFP, Wealth Partners, Consumer Financial, Bureau, Wealth Services, Westend61, Collective Wealth Partners, Business, Employers, Workers Locations: Atlanta

☆ Winning ticket for Mega Millions $1.128 billion jackpot sold in New Jersey — here’s how much the winner will owe in taxes
▼ + stars: | 2024-03-27 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

There is officially one winner for the $1.128 billion Mega Millions jackpot — and the taxman will take a sizable share, experts say. A single ticket sold in New Jersey won the game's fifth-largest grand prize after matching all six numbers drawn Tuesday night, Mega Millions announced Wednesday. The final jackpot dropped from an estimated $1.13 billion to $1.128 billion based on actual ticket sales. The lucky winner will choose between two options: an annuitized prize worth $1.128 billion or a lump-sum payout of $536.6 million cash. New Jersey taxes prizes over $10,000 and the winner will owe millions to the state, including a mandatory withholding, on top of their federal tax bill, he said.

Persons: Albert Campo Organizations: Mega, Finance, AJC Accounting Services Locations: New Jersey, Manalapan , New Jersey . New Jersey, California, Florida , New Hampshire, South Dakota , Tennessee , Texas, Washington and Wyoming

☆ How WME trains its future agents to nurture the next A-list client like Selena Gomez or Ryan Coogler
▼ + stars: | 2024-03-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +8 min

Read previewAt the talent agency WME, top agents work to nurture the careers of A-list stars like Selena Gomez and Ryan Coogler. AdvertisementTrainees learn from WME clients like Rachel Maddow. At the end of each year, there's a fireside chat with Mark Shapiro, president and COO of WME parent Endeavor and TKO, who's been joined by WME clients Rachel Maddow and Robin Roberts. AdvertisementThe program helped lead to a TV show dealTrainees presented a business plan for WME client Christina "Tinx" Najjar. (The trainee program is separate from WME's highly competitive mailroom program that trains recent college grads to become agent assistants.)

Persons: —, Selena Gomez, Ryan Coogler, Marc Korman, Rachel Maddow, Nathan Congleton, Mike Simpson, Quentin Tarantino, there's, Mark Shapiro, who's, Robin Roberts, Justin Timberlake, Korman, Christina, Tinx, Dia Dipasupil, William Morris, Anna DeRoy, Talitha Garrett, WME's, Garrett, DeRoy, WME, It's, Ari, Ari Emanuel, COVID, they'll, Nat Wyatt, Maddow, Sunny Hostin, Wyatt, they're, Olivia Rodrigo Organizations: Service, Business, Getty, Endeavor, HBO Locations: NBCU, Silicon, Nashville

☆ Senegal goes to the polls as country’s once sturdy democracy looks shaky
▼ + stars: | 2024-03-23 | by ( Nimi Princewill | ) edition.cnn.com time to read: +9 min

CNN —Senegalese voters will choose their next president on Sunday in a delayed and high-stakes election that poses a test for the country’s democracy. A long list of candidates are running, but two former tax inspectors - one representing the government, the other the main opposition coalition - are considered frontrunners. Just over seven million of Senegal’s 18 million people are registered to vote in this election, the country’s electoral body said. It shows how desperate these young people are due to the failure of President Sall to create employment,” Thior said. The ruling coalition candidate Ba kicked off his campaign promising “massive employment” for young people and improving the “purchasing power of households” by creating thousands of jobs.

Persons: Macky Sall, –, Sall, “, ”, Zohra Bensemra, Ousmane Sene, Mamadou Thior, Sall’s, Amadou Ba, Bassirou Diomaye Faye, Ousmane Sonko, jeopardizing, Sonko, kickstart, Carmen Abd Ali, Faye, John Wessels, Thior, “ We’re, “ Thior, Idrissa Seck, ” Faye, Ba, Michele Cattani, ” Thior, ” Sene Organizations: CNN, Senegalese, BBC, ”, Reuters, West African Research Center, firebrand, president's Alliance, Republic, Getty, Sonko, International Organization for, International Monetary Fund Locations: West African, Senegal, ” Senegal, Dakar, Senegalese, Diourbel, AFP, Republic, Medina, Canary, Europe, Spain, Nicaragua, “

Haiti’s future is being planned on two tracks — one involving traditional political power, the other focused on the power of gangs. Photos You Should See View All 60 ImagesPrime Minister Ariel Henry announced Tuesday that he would resign once the transitional presidential council was created. Guyana President Irfaan Ali said the transitional council would have seven voting members and two nonvoting ones. The transitional council includes a role for civil society alongside the Montana one, but some observers say that is far from enough. Specifically, outside actors have undermined civil society and failed to punish bad elements, he said, making the work of constructing a functional society infinitely more difficult.

Persons: Jimmy “, Chérizier, Ariel Henry, Irfaan Ali, ”, Michael Deibert, Moïse Jean, Charles, Guy Philippe, Philippe, Jean, Bertrand Aristide, Charles Joseph, Aristide, Henry, Robert Fatton, Francois Pierre, Louis, ” Pierre, Eric Farnsworth, “ Organizations: United States, Associated Press, Montana Accord, United, Former, University of Virginia, Queens College, City University of New, of, Americas Society Locations: Jamaica, Port, Guyana, Montana, Haiti, United States, EDE, RDE, Haitian, City University of New York, U.S, Americas

☆ Arab American Democrats push for ‘uncommitted’ vote in Michigan primary to send message to Biden about Gaza
▼ + stars: | 2024-02-26 | by ( Arit John | Dianne Gallagher | ) edition.cnn.com time to read: +10 min

They drew inspiration from the state’s 2008 Democratic primary, when “uncommitted” came in second place to Hillary Clinton with more than 40% of the vote. “The President is working hard to earn every vote in Michigan,” a Biden campaign spokesperson said in a statement. In recent weeks, the Biden administration has stressed its efforts to get humanitarian aid into Gaza and sharpened its tone toward Israel. Feelings of betrayal and guiltFor many Arab and Muslim Americans in Michigan, the push to vote uncommitted and promote a ceasefire is deeply personal. As she closed her remarks, Seikaly criticized the Biden administration for vetoing the recent UN Security Council ceasefire resolution.

Persons: Michigan CNN — Layla Elabed isn’t, Joe Biden, Biden, she’s, “, Elabed, ”, Rashida Tlaib, ” Elabed, It’s, Andy Levin, Donald Trump, “ uncommitted ”, Hillary Clinton, Barack Obama, John Edwards, Rebecca Cook, ” Lavora Barnes, what’s, ” Barnes, it’s, Abbas Alawieh, Benjamin ] Netanyahu’s, ” Levin, there’s, Netanyahu, Israel, Seikaly, Sylvie Yaacoub, she’d, ” CNN’s Jade Gordon Organizations: Michigan CNN, Palestinian American, Michigan Democrat, Democratic, Wolverine State, Democratic Party, Michigan Rep, Palestinian, Biden, US, Volunteers, Democratic National Committee, Reuters, Michigan Democrats, Trump, Michigan Democratic Party, American, Israel, The New York Times, UN, Muslim, Detroit’s Wayne State University, UN Security, Michigan Locations: Dearborn, Michigan, Gaza, Israel, Wolverine, It’s, Palestinian American, Hamtramck , Michigan, Rafah

☆ Here’s How Mexicans Living Abroad Can Vote in This Year’s Election
▼ + stars: | 2024-02-14 | by ( Elda Cantú | ) www.nytimes.com time to read: +1 min

This is the first national election in which Mexico will allow residents living abroad to vote. More than 12 million citizens live outside the country, 97 percent of them in the United States, according to the Institute of Mexicans Abroad. Who can cast their vote outside the country? Mexicans who are 18 years old and older, have a valid voting ID and are registered to participate in the process can vote. Those who will be 18 years old by Election Day can also register to vote.

Organizations: Mexicans Locations: Mexico, United States

☆ Voters in Finland Will Choose a President to Shape a New NATO Era
▼ + stars: | 2024-02-11 | by ( Erika Solomon | Johanna Lemola | ) www.nytimes.com time to read: +1 min

The election might typically gain little notice beyond the borders of the sparsely populated northern European country of 5.6 million. But Finland, the newest member of NATO, shares the longest border with Russia — some 830 miles — and its politics have taken on special interest to its European and American allies as the geopolitical order shifts. U.S. power is being challenged by Moscow and Beijing, and Europe is grappling with its largest land war since World War II. At the same time, the American commitment to aiding Ukraine looks increasingly in doubt, and an unpredictable American presidential election looms. Finland’s president is responsible for foreign policy, and whoever wins will bear chief responsibility for steering the country through a changing world.

Organizations: NATO Locations: Russia, Finland, Moscow, Beijing, Europe, Ukraine

☆ U.S. Strikes Test Iran’s Will to Escalate
▼ + stars: | 2024-02-03 | by ( David E. Sanger | Farnaz Fassihi | ) www.nytimes.com time to read: +1 min

As Iran and the United States assessed the damage done by American airstrikes in Syria and Iraq, the initiative suddenly shifted to Tehran and its pending decision whether to respond or take the hit and de-escalate. The expectation in Washington and among its allies is that the Iranians will choose the latter course, seeing no benefit in getting into a shooting war with a far larger power, with all the risks that implies. In response to a drone attack by an Iran-backed militia that killed three American soldiers on Jan. 28, the United States hit back against that group and several other Iran-backed militias on Friday night with 85 targeted strikes. In the aftermath, American officials insisted there was no back-channel discussion with Tehran, no quiet agreement that the U.S. would not strike directly at Iran. “There’s been no communications with Iran since the attack,” John Kirby, a spokesman for the National Security Council, told reporters in a call on Friday night after the retaliatory strikes were completed.

Persons: —, “ There’s, ” John Kirby Organizations: National Security Council Locations: Iran, United States, Syria, Iraq, Tehran, Washington, U.S

☆ U.S. retaliatory strikes start in Iraq and Syria in first response to Jordan drone attack
▼ + stars: | 2024-02-02 | by ( Dan De Luce | ) www.cnbc.com time to read: +4 min

The United States launched attacks in the Iraq and Syria on Friday, its first retaliatory strikes for the killing of three American soldiers, according to an official at the Department of Defense. American forces are expected to hit targets in different countries outside Iran, U.S. officials said. Their calibrated statements appeared to indicate that it was unlikely the reprisal strikes would hit targets inside Iran itself. There have been more than 160 attacks on U.S. forces by Iran-backed groups since Oct. 7, according to the Pentagon. In recent weeks, the U.S. military also carried out strikes against Houthi forces in Yemen, hitting launch sites and command centers.

Persons: Lloyd Austin, Joe Biden, Biden, Austin, Ebrahim Raisi, Hossein Organizations: US, Pentagon, United, Department of Defense, NBC News, U.S, Gaza . U.S . Navy, Navy, Iran's Revolutionary Guard Locations: Washington ,, United States, Iraq, Syria, Iran, Israel, U.S, Jordan, Washington, Tehran, Gaza, Yemen, Aden, Gaza . U.S, Iranian, Persian, American

☆ FAFSA delays likely to slow college decisions. 'It's a real mess,' expert says. Here's what to do if your financial aid letter is late
▼ + stars: | 2024-02-01 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

For most students and their families, which college they will choose hinges on the amount of financial aid offered and the breakdown between grants, scholarships, work-study opportunities and student loans. This year, schools are now waiting on that FAFSA information to begin building financial aid packages and to give students and families enough time to weigh their options. "The delay in sending FAFSA data to colleges will cause college financial aid offers to be delayed until at least April, maybe even May." "Making an offer of admission without offering a full financial aid offer really isn't useful for most families," said Adam Miller, vice president for admission and financial aid at Whitman College in Walla Walla, Washington. To do this, Whitman and other colleges would need to leverage the information families provided in their completed CSS Profile.

Persons: Mark, Mark Kantrowitz, Adam Miller, Whitman, Miller, Rick Castellano, Sallie Mae, Castellano Organizations: National College, Whitman College, College Board, Decision Locations: Walla Walla , Washington

The order by the Hong Kong High Court also is not a remedy for the crisis of confidence haunting China’s financial markets. Markets in both Hong Kong and Shanghai fell Tuesday while share prices of property developers sank. State-owned Chinese banks and other domestic entities own most of the debt owed by Chinese property developers. David Goodman, director of the University of Sydney’s China Studies Center, said he thinks China’s property debt burdens are unlikely to precipitate a major financial crisis. “The fact of the matter is that the Chinese financial system is not as open or as marketized (as in the United States),” he said.

Persons: Brock Silvers, haven't, Silver, ”, Seng, David Goodman, —, Soo Organizations: Evergrande, Hong Kong High, Kaiyuan, ”, Sunac China Holdings, F Properties, Shanghai, Swiss Re Institute, Swiss, University of Sydney’s China Studies Center Locations: BANGKOK, Hong Kong, China, Beijing, Shanghai, Guangzhou, United States, U.S, Singapore

☆ The office apocalypse will see a wave of buildings demolished or converted to residential, New York City real estate exec says
▼ + stars: | 2024-01-28 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The New York City property exec and veteran real estate broker pointed to potential trouble heading for the US office space, thanks to the plunging demand for office buildings since the pandemic, and poor lending conditions across the commercial real estate sector. AdvertisementExperts have been warning of trouble in the commercial real estate sector for the last year as credit conditions in the economy tighten. Many commercial real estate mortgages are financed at interest rates around 3.5%-4%. New York City alone has around 100 million square feet of empty office space, Knakal estimated. Office buildings, meanwhile, could soon double the price decline they saw in 2023, the real estate firm Cohen & Steers estimated.

Persons: —, Bob Knakal, Knakal, Banks, Cohen, Steers Organizations: Service, Business, New, CNBC, National Association of Realtors . New Locations: New York City, National Association of Realtors . New York City

☆ New Hampshire Primary: Wake-Up Call or Last Call?
▼ + stars: | 2024-01-19 | by ( Susan Milligan | ) www.usnews.com time to read: +7 min

Should Trump's lead hold, says Andrew Smith, director of the University of New Hampshire poll, Trump will become the first candidate – aside from sitting presidents – to win both the Iowa caucuses and the New Hampshire primary. "We're so far past the days when voters nationally were really just waking up" to the campaign debates in the early weeks of a presidential election year, says Dante Scala, a University of New Hampshire professor and author of the book "Stormy Weather: The New Hampshire Primary and Presidential Politics." New Hampshire GOP voters, however, are a different breed of Republicans, Smith says, focusing more on fiscal conservatism and small government. Haley has 36% support and DeSantis 6% backing among primary voters. Trump seems to think so, too: He has focused much of his vitriol in the waning days of the New Hampshire campaign on Haley.

Persons: Bill Clinton, Sen, John McCain's, Barack Obama, Hillary Clinton, Joe Biden, Donald Trump, aren't, isn't, Marianne Williamson, Dean Phillips, Trump, Nikki Haley, Ron DeSantis, Andrew Smith, –, Haley, Williamson, Phillips, Biden, Dante Scala, Smith, Chris Christie, Vivek Ramaswamy, Christie, Ramaswamy, DeSantis, Michael Binder, Binder, He's, Barack Hussein Obama Organizations: Hillary Clinton Democratic, Democratic, Democratic National Committee, New Hampshire, Gov, Florida Gov, University of New, New, Biden, Trump –, GOP, New Hampshire GOP, Independents, Trump, New Jersey Gov, Saint Anselm College Survey Center's New Hampshire Institute of Politics, United Nations, Suffolk University, Boston Globe, University of North, Palmetto State, Republican Party, Social Security Locations: New Hampshire, New, University of New Hampshire, Iowa, Hawkeye, New Jersey, Boston, University of North Florida, South Carolina, Palmetto, Portsmouth

☆ The kind of 'free speech' Elon Musk says he wants would be terrible
▼ + stars: | 2023-12-05 | by ( Henry Blodget | ) www.businessinsider.com time to read: +5 min

AdvertisementEveryone has theories about why Elon Musk publicly insulted and threatened Twitter/X advertisers last week. (And anyone who works there — or at any other company — would be fired for saying what Elon said last week). I also think Elon wants to suggest that we should be able to say whatever we want without any consequences—and even that there is a Constitutional right for us to do this. I also, respectfully, don't think Elon really thinks that. I don't think even Elon would enjoy that!

Persons: —, Elon Musk, Katie Notopoulos, Katie doesn't, Elon, Tesla Organizations: Service, Elon, Twitter, Business, Tesla

☆ Republicans have a better chance at winning George Santos' old House seat than you might think
▼ + stars: | 2023-12-02 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

But Republicans are thriving on Long Island, and they could win the upcoming special election. AdvertisementRepublican Anne Donnelly won the Nassau County district attorney's race in 2021. Republicans actually have a benchRepublicans in recent years have begun to claw back power across Long Island. Joe Cairo, the chairman of the Nassau County Republican Committee, is currently interviewing roughly 22 individuals for the seat. But Republicans can't be discounted in the district given the current political shifts on Long Island.

Persons: George Santos, —, Trump, Joe Biden, they've, Santos, Kathy Hochul, Lee Zeldin, Nick LaLota, Anthony D'Esposito, Andrew Garbarino, Republican Anne Donnelly, Mary Altaffer Zeldin, Robert Zimmerman, Bruce Blakeman, Laura Curran, Sen, Todd Kaminsky, Republican Ed Romaine, Alex Brandon, Joe Cairo, Mazi Melesa, Elaine Phillips, Jack Martins, Mike Sapraicone, Kellen Curry, Tom Suozzi, Hochul, Suozzi, Hakeem Jeffries, Jay Jacobs, Anna Kaplan Organizations: New, Congressional, Service, Republicans, Republican, Gov, Democrat, Republican Long, Hochul, GOP, AP, Democratic, NYPD, Nassau, Nassau County Republican, Air Force, Long Islanders, The New York Times, Nassau County Democratic Party Locations: Long, North Shore, Queens, United States, Nassau, Suffolk, Nassau County, New York State, Mazi Melesa Pilip, New York City, Santos, Glen, Brooklyn

☆ McDonald’s is bringing back iconic McNugget Buddies as limited-edition collectibles
▼ + stars: | 2023-11-29 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

McDonald's will roll out the Kerwin Frost Box, a collab with New York-based artist Kerwin Frost, on December 11. But the star of the limited-time collab are the McNugget Buddies, an assortment of anthropomorphic McNuggets that haven't been a part of McDonald's mascot rotation in decades. The McNugget Buddies were first introduced in a 1988 Happy Meal, according to McDonald's. They made appearances in McDonald's Canada comics in the early 1993, were available as Sports Buddies in the UK, Japan and Singapore in 1992 and were last seen in 1996 for McNugget Buddies Halloween. The six new McNugget Buddies are based on Frost's experiences growing up in New York City, including one that is designed to look like him.

Persons: McDonald's, Kerwin Frost, haven't, Frost, Grimace, Birdie, Warren Buffett Organizations: Sports Buddies, McNugget, Plant, eBay Locations: McDonald's, New York, Canada, Japan, Singapore, New York City

☆ Deutsche Bank sees S&P 500 gaining more than 11% and reaching a record next year
▼ + stars: | 2023-11-27 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Deutsche Bank expects the S & P 500 could climb more than 11% to a record next year — and said its base case seems "conservative." The investment bank set its 2024 year-end S & P 500 target at 5,100, or more than 11% above where the broader index closed Friday at 4,559.34. In its bull case, Deutsche Bank expects the S & P 500 could even climb to 5,500, or more than 20% above where the benchmark closed last. "We note that the S & P 500 has been in a clear trend up channel since the [Great Financial Crisis]. Goldman Sachs' David Kostin expects the S & P 500 will chop around and finally end next year at 4,700 .

Persons: —, Jim Reid, Reid, America's Savita Subramanian, Lori Calvasina, Goldman Sachs, David Kostin Organizations: Deutsche Bank, Bank, America's Locations: London, financials

An incumbent hasn't lost his party's presidential nomination since Democrats passed over Franklin Pierce in 1856. Abraham Lincoln's election in 1860 marked the last time someone from a new party — in his case, the Republican Party — won the White House. But with the United States deeply divided and somewhat anxious about the prospect of another Biden-Trump campaign, third party candidates insist voters are restless enough to defy history. West announced last month that he no longer was running under the Green Party banner, but as an independent. Democrats assume that many of voters supporting a progressive environmental activist would likely have chosen Clinton if forced to choose between the major parties.

Persons: George Washington, hasn't, Franklin Pierce, Abraham Lincoln's, Republican Party —, ” Jill Stein, “, ”, Stein, Cornel, “ it's, Biden, Trump, Justice Department indicting Trump, Hillary Clinton, Clinton, umbrage, Dean Phillips, “ I’m, ” Phillips, ” Robert F, Kennedy Jr, Kennedy, Kennedy's, John F, Sen, Robert F, Joe Manchin, Utah Sen, Mitt Romney, Jennifer Franks, Romney, McKay Coppins, Manchin, invigorate centrists, he's “, Meg Kinnard, Leah Willingham Organizations: Republican Party, White, Biden, Trump, Green Party, West, Associated Press, NORC, for Public Affairs Research, Justice Department, Republicans, wariness, Trump's, Clinton, Democratic, Rep, Minnesota, Democratic Party, Children’s Health Defense, Electoral College, GOP, Manchin Locations: United States, Minnesota, renominating, South Carolina, Manchin, Utah, Arizona, Michigan, West Virginia, Columbia , South Carolina, Charleston , West Virginia

☆ Argentina's Milei gets mixed reception during night at the opera
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Argentine presidential candidate Javier Milei arrives at the Teatro Colon opera house with his girlfriend, Fatima Florez, ahead of the November 19 runoff elections, in Buenos Aires, Argentina November 17, 2023. REUTERS/Ramiro Souto Acquire Licensing RightsNov 18 (Reuters) - Argentine presidential candidate Javier Milei stole the spotlight on Friday evening when his presence at Argentina's most prestigious opera house sparked a rowdy shouting match just before a polarizing election concludes on Sunday. The insults provoked cheers in Milei's defense, with video of the incident sweeping across social media. The theater's director, Jorge Telerman, wrote on X, formerly Twitter, that he condemned the "expressions of intolerance" directed at Milei. The presidential hopeful winked at the opera house brouhaha on X.

Persons: Javier Milei, Fatima Florez, Ramiro Souto, Madame Butterfly, Sergio Massa, Milei, Milei's, Jorge Telerman, brouhaha, Butterfly, Brendan O'Boyle, Franklin Paul Organizations: Argentine, Teatro Colon, REUTERS, Teatro, Sunday, Franklin Paul Our, Thomson Locations: Buenos Aires, Argentina, Milei

☆ Meta lets Amazon shoppers buy products on Facebook and Instagram without leaving the apps
▼ + stars: | 2023-11-09 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +5 min

"For the first time, customers will be able to shop Amazon's Facebook and Instagram ads and check out with Amazon without leaving the social media apps," an Amazon spokesperson said in a statement. Amazon said last month that sales in its online ad business grew 26% from a year earlier in the third quarter to $12.06 billion. By partnering with Amazon, Meta can make it easier to allow shops to sell goods on Facebook and Instagram without creating custom storefronts on those apps. Meta provided some details about the new feature on Tuesday on a support page titled "Purchase with Amazon without leaving Facebook or Instagram." "You can check out with Amazon without leaving Facebook or Instagram, and experience more relevant ads."

Persons: Mark Zuckerberg, that's, Stuart McMullin, Maurice Rahmey, Rahmey, —, Annie Palmer Organizations: Meta, Facebook, Amazon, LinkedIn, CNBC Locations: Menlo Park , California, U.S, Pinterest

☆ Abortion rights at center of Ohio and Virginia elections
▼ + stars: | 2023-11-07 | by ( Joseph Ax | ) www.reuters.com time to read: +5 min

[1/2] Peter Range, the executive director of Ohio Right to Life, speaks to members of the Clark County Republican Party about the state's upcoming referendum on abortion rights, in Springfield, Ohio, U.S., October 26, 2023. In Mississippi, Republican Governor Tate Reeves is seeking another four-year term. Last year, abortion rights advocacy groups scored a series of victories by placing abortion-related referendums on the ballot, including in conservative states. In addition to Tuesday's amendment in Ohio that would enshrine abortion rights in the state constitution, similar ballot measures are advancing in several states for 2024, including swing states Arizona and Florida. Anti-abortion forces have campaigned against the Ohio amendment as too extreme, while abortion rights groups have warned that rejecting it would pave the way for a stringent ban to take effect.

Persons: Peter, Ohio, Joseph Ax, Andy Beshear, Republican Donald Trump, Daniel Cameron, Beshear, Tate Reeves, Brandon Presley, Elvis Presley, outraised Reeves, Joe Biden, Glenn Youngkin, Trump, Biden, Jason Lange, Colleen Jenkins, Aurora Ellis Organizations: Clark County Republican Party, REUTERS, Republicans, Democrats, White House, U.S, Republican, Kentucky, Beshear, Democratic, Trump, Voters, Senate, Reuters, Thomson Locations: Clark, Springfield , Ohio, U.S, Ohio, Virginia, Iowa, U.S ., , Kentucky, Mississippi, Arizona, Florida, House

☆ Don't count on interest rate cuts any time soon, the Fed says
▼ + stars: | 2023-11-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

The Fed continued its pause on interest rate hikes in November. Fed Chair Powell said interest rate cuts are not part of the discussion right now. AdvertisementAdvertisementThe Federal Reserve doesn't want Americans thinking an interest rate cut is coming anytime soon. On Wednesday, the nation's central bank announced it would be continuing its pause on interest rates hikes in November, following the pause in September. Democratic Rep. Brendan Boyle, ranking member of the House Budget Committee, said in a statement that "the Fed is right to continue the pause in interest rate hikes" but also "must avoid a costly overcorrection that could threaten this progress."

Persons: Powell, —, Jerome Powell, Brendan Boyle Organizations: Fed, Service, Federal, Democratic, Republicans Locations: Israel, Ukraine

☆ Bank of America says be wary of a soft holiday shopping season, gives its top picks
▼ + stars: | 2023-11-01 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Holiday spending will be sluggish as consumers grapple with inflation, but Bank of America thinks a handful of value retailers and specialty stores could see a boost. Bank of America projects holiday sales-weighted average same-store sales will rise 0.6% year over year for its retail universe. Here are the buy-rated retailers that could stand out amid broader retail softness, according to Bank of America. Sporting goods chain Academy Sports and Outdoors was also highlighted as a Bank of America favorite. "Consumers are looking for deals and will choose retailers offering the best value," Hutchinson said.

Persons: Lorraine Hutchinson, Hutchinson, Ralph Lauren, Tuesday's, Michael Bloom Organizations: Bank of America, Bank of America ., Walmart, Target, Sporting, Academy Sports Locations: Tuesday's

☆ Humans could become 'part AI' to keep up with superintelligent machines, OpenAI's chief scientist says
▼ + stars: | 2023-10-30 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

But he told MIT Technology Review that he wasn't sure whether he would choose to become "part AI." Elon Musk has said Neuralink will help people merge with AI — but it is unclear if it's possible. AdvertisementAdvertisementOpenAI's chief scientist has said that people may choose to become "part AI" in the future to compete with superintelligent machines. AdvertisementAdvertisementSutskever is currently working on OpenAI's "superalignment" project , which aims to build fail-safes that will prevent superintelligent AI from going rogue. Despite this, Sutskever told MIT Tech Review that he was unsure whether he would ever choose to merge with AI, should it become possible.

Persons: Ilya Sutskever, Elon Musk, —, he's, –, Sutskever, OpenAI Organizations: MIT Technology, Service, MIT Tech Review Locations: —

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