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The administration is widely seen as likely to be ousted, just three months after it was formed. Greece had briefly lost its investment grade credit rating status amid the euro area debt crisis, which led to the nation's sovereign default. "Beyond economic growth and stability, this will send debt in a non-sustainable direction in France." Analysts at Dutch bank ING, who previously forecast French growth slowing from 1.1% in 2024 to 0.6% in 2025, said Tuesday that the fall of Barnier's government "would be bad news for the French economy." Loading chart..."At a time when economic growth in France is slowing markedly, this is bad news.
Persons: Joel Saget, Michel Barnier, Barnier —, Emmanuel Macron, Macron, Barnier, Carsten Nickel, Nickel, Maybank, Javier Díaz, Giménez, Gilles Moëc, Moëc Organizations: Afp, Getty Images, Assembly, Spain's IESE Business School, CNBC, ING, AXA Locations: Paris, Germany, France, Greece
Widely used materials, such as polyester and ethylene vinyl acetate (EVA), can take a long time to break down. From there, they partnered with a machine manufacturing company, Heilig Group, which helped bring their shoe recycling factory FastFeetGrinded to life. Those materials are then shredded into small pieces, before being separated out by type, and then refined into recycled materials ready for reuse. Making shoes from shoesA shoe made of fully recycled FastFeetGrinded material has yet to hit the market, but brands are making strides to reuse materials. FastFeetGrinded is the brand’s largest footwear recycling partner in Europe; it takes Asics factory floor rejects, as well as used shoes returned in stores.
Persons: , Danny Pormes, Erna, who’s, Yuly Fuentes, Fuentes, Medel, ‘ it’s, Deborah Rowland, Pormes, FastFeetGrinded, ” Fuentes, Mendel, FastFeedGrinded, Asics, Romy Miltenberg, Miltenberg, ” Miltenberg, it’s, Erna Pormes, ” Pormes Organizations: CNN, MIT, Heilig, repurposing, Adidas, EMEA, “ Companies, CNN Consumers Locations: Netherlands, Europe, Asics
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Fundstrat's Tom Lee and Herb Greenberg, Herb on the Street editorTom Lee, head of research at Fundstrat, and Herb Greenberg, editor of Herb on the Street at Substack, join CNBC's 'Power Lunch' to discuss MicroStrategy's Bitcoin strategy, crypto outlooks, and more.
Persons: Fundstrat's Tom Lee, Herb Greenberg, Herb, Tom Lee Locations: Substack
The mission assigned to Pat Gelsinger when he took over Intel as CEO in 2021 was to restore the then 52-year-old company to relevancy. Its business of designing and manufacturing chips — once industry-leading — was struggling. "By the time Intel began to work on AI chips, it was too late, and the company had basically no market share." Its line of AI chips, known as Gaudi, has paled compared to offerings from competitors like Nvidia. Doing so will require strengthening its fab manufacturing business, which The Futurum Group's Newman notes is no easy feat.
Persons: Pat Gelsinger's, TSMC, Pat Gelsinger, Donald Trump's, , David Zinsner, Michelle Johnston —, Intel's, Paul Ottelini, Steve Jobs, Peter Cohan, Hamish Low, Justin Sullivan, Gaudi, Gelsinger, Low, Daniel Newman, Newman, Group's Newman, Donald Trump, chipmakers, Anna Moneymaker, Trump, Babson College's Cohan Organizations: Intel, Big Tech, Nvidia, Bloomberg, , Babson College, Enders Analysis, Getty, Gaudi, Companies, Microsoft, Google Locations: TSMC's
She doesn't pay for her kids' college education, but has a plan to repay their student loans. Related storiesA trip to the DMV made me realize I can't always control my kid's expectationsMy kids range in age from 8 to 20. Still, I've taken a different approach with my kids, and we're not paying for their college up front. AdvertisementWe're leaving the kids money, but they have to give half awayWe regularly tell the kids that we're spending some of their inheritance now to have experiences with them, like those international trips. Still, we plan to leave the kids money when we die — with a caveat.
Persons: Julia Myers, didn't, We've, we're, We're, That's, I've, we'll Organizations: Honda, Nissan, aha
Firms like Qube and Squarepoint are backing legions of human stockpickers. As mega hedge funds like Millennium, Citadel, and Point72 battle for the best stock-picking talent, another segment of the multi-trillion-dollar industry has joined the fray. Quant funds are increasingly turning to their longtime competition — human stock-pickers — to diversify their returns. Firms like Qube Research, Squarepoint Capital, and Engineers Gate are backing human traders through portfolios run by third parties, also known as separately managed accounts, or hiring them to trade internally. The firm's website lists eight different discretionary strategies compared to three systematic offerings and two hybrid strategies that blend the two.
Persons: Squarepoint's Nicolas Janson, Nicolas Janson, Janson, Mike Daylamani, Steve Cohen, Zach Rieger, Daniel Schuster, Ernesto Cruz, Shaw Organizations: Citadel, Qube, Squarepoint, Engineers, Business, Sigma, Global Management Locations: Asia, Schonfeld, Point72
Both beta amyloid plaques and tau tangles are early signs of the brain’s march toward a possible Alzheimer’s disease diagnosis. “Most of a person’s body mass index (BMI) reflects subcutaneous fat, not visceral fat,” Raji said. “The more visceral fat one has, the more inflammation happens in the body and it’s much worse, in truth, than the inflammation that occurs with subcutaneous fat,” Raji said. Visceral fat receives more blood flow due to its placement near organs and is more hormonally active than subcutaneous fat, Raji said. “Previously, we had only showed a link between visceral fat and amyloid.”The PET scans showed that as visceral fat levels went up, so did levels of both amyloid and tau, according to the new research.
Persons: , Cyrus Raji, St . Louis, , Raji, Richard Isaacson, ” Isaacson, ” Raji, “ We’re, Tau tangles, Isaacson Organizations: CNN, Washington University School of Medicine, World Health Organization, Cleveland Clinic, BMI, Radiology Society Locations: St ., Florida, United States, midlife
Learn moreCyber Monday is officially here, and we've scouted the best deals, including some of our favorite styles at their best prices of the year. So, let's get to it: here are the best Cyber Monday sales and deals on clothes, shoes, bags, and other accessories for building a complete winter wardrobe. We've also scouted comfortable walking shoes, cozy clogs, and a discount on some of the best flats we've tested. Check our guide to the best Madewell Black Friday deals to keep up with how the discounts evolve throughout the week. View at MadewellEverlane The Square Neck in Cashmere $101.00 $168.00 Save 40% This slim-fitting, slightly cropped sweater is made from recycled cashmere.
Persons: we've, let's, you'll, We've, Inez Mia, Inez, Inez Madewell, stillettos, Inez Paloma, Sally Kaplan, Inez Allbirds, Pei, Amazon Staff Pick Lo, Gabrielle Chase, Lo & Sons JW Pei, I've, Jenni Kayne's, Pant, Spanx, Cole Haan, Kenneth Cole, Abercrombie, I’ve, Talia Ergas, Puffer, Abercrombie & Fitch Organizations: Business, Nordstrom, Madewell, Amazon Staff, Lo & Sons, Everlane's, Everlane, Saks, Fitch, Abercrombie, Abercrombie & Locations: Madewell, Lo, West, Cashmere
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC+ will not add to a surplus market, Energy Aspects’ Amrita Sen saysAmrita Sen, founder and director of research at Energy Aspects, says OPEC+ will roll over current cuts ahead of the group's meeting on Dec. 5.
Persons: Amrita Sen Locations: OPEC
Twitter, now X, has also been a valuable data source for Musk's $50 billion startup xAI. When Elon Musk bought Twitter for $44 billion, it was panned as one of the worst tech acquisitions in history. AdvertisementIn late 2023, Musk blocked other organizations from scraping X data for free — but gave xAI continued access. AdvertisementxAI gets a boost from X data. Should X be unsuccessful, it would raise questions about the value of the X to xAI data pipeline.
Persons: Trump, Elon Musk, Dan Ives, it's, Musk, Sam Altman, xAI, Ellen Keenan O'Malley, EIP, O'Malley, X, Shmuel Chafets, Warren Buffett, Musk's, Donald Trump, Anna Moneymaker, Vivek Ramaswamy, Volodymyr Zelensky, Sundar Pichai, isn't, Howard Lutnick, Scott Bessent, MAGA, Calum Chace Organizations: Elon, Twitter, Wedbush Securities, Street, Qatar Investment Authority, Sequoia Capital, Wired, MMC Ventures, Trump, Queensland University of Technology, Republican, Target, Berkshire Hathaway, Fidelity, Getty, of, SpaceX, Reuters, UFC, Wall Street, Trump's, X Corp, Bright Locations: Pennsylvania, Lago, Palm Beach, California
Education experts told BI these shifts could force colleges to change the way they charge students. Still, steep college costs remain a barrier for many seeking a higher education. Additionally, institutional grant aid for all students rose by $19.6 billion over the same timeframe, accounting for 52% of all grant aid in the 2023-24 school year. Since state funding shifts, there are steps colleges can take to make higher education more affordable for its students. However, it's unclear where federal investment for higher education will sit under President-elect Donald Trump, placing the focus on colleges to consider ways to make a four-year degree affordable.
Persons: haven't, that's, Jennifer Ma, Michelle Dimino, Joe Biden, Dimino, Kimberly Dancy, might've, Pell Grant, Biden, What's, Jennifer Delaney, Delaney, Dancy, Donald Trump Organizations: Board, The College Board, Way Education, Commission, Higher Education, Institute for Higher Education, College Board, School of Education, Berkeley, Center, American
He had discovered the iron-rich soil could be used in a chemical reaction with a potassium compound and nitric acid to produce a vibrant blue pigment. But over the past three years, the Chicago-based artist and architect Amanda Williams has been reviving Carver’s blue with the help of researchers and scientists. “So there was a practicality to it, but there was also ingenuity in figuring out that things around you can yield unexpected results.”An arts building at Xavier University painted in Carver blue. GBM Historical Images/ShutterstockFor Carver, color was a tool to beautify the homes of the region’s poorest residents that could be achieved through natural resources. Courtesy the artistBut for her commission for Prospect.6, titled “In Her Rich Deposits of (Blue),” Williams chose to focus on “signaling joy, and not inequity or disparity,” she said.
Persons: George Washington Carver, Pablo Picasso, Hokusai, Carver, Amanda Williams, ” Williams, Tom Harris, Williams, , Sheen, , Kramer, , Booker T, Yves Klein, Klein Organizations: CNN, Tuskegee University, Xavier University, Chicago World’s, The University of Chicago, New Orleans African American Museum, Prospect, Tuskegee, Washington, Locations: Berlin, Kanagawa, , Chicago, New Orleans, Tremé, NOAAM, Montgomery , Alabama, Side, Englewood, Black, Washington
She is the latest OpenAI researcher focused on safety to leave the company this year. Yet another safety researcher has announced their resignation from OpenAI. Following his departure, the AGI Readiness team disbanded, and its members dispersed across different sectors of the company. The AGI Readiness team advised the company on the world's capacity to safely manage AGI, a theoretical version of artificial intelligence that could someday equal or surpass human intelligence. Advertisement"I've always been strongly driven by the mission of ensuring safe and beneficial AGI and after Miles's departure and the dissolution of the AGI Readiness team, I believe I can pursue this more effectively externally," she wrote.
Persons: Rosie Campbell, Campbell, Sam Altman, Miles Brundage, I've, OpenAI, Altman, it's, Ilya Sutskever, Jan Leike, John Schulman Organizations: OpenAI, Microsoft, AGI Readiness, AGI, Harvard Business School, Fox News, Business Locations: OpenAI, Substack
“We have posts that are exactly the same on Twitter and on Bluesky, and with those identical posts, Bluesky is getting 20 times the engagement or more than Twitter,” Pittman said. On Sunday, Musk confirmed the platform has deprioritized posts including links, which was how journalists and other creators historically shared their work. Rose Wang, Bluesky’s chief operating officer, quoted the Guardian’s stats, writing: “We want Bluesky to be a great home for journalists, publishers, and creators. Journalists who belong to and cover issues affecting marginalized populations have found Bluesky to be a much more welcoming environment. “Journalists don’t like toxicity and toxic comments.
Persons: Ashton Pittman, Pittman, X, ” Pittman, Elon Musk, Musk, , Phil Lewis, retweets, it’s, Rose Wang, Bluesky, Jack Dorsey, Erin Reed, Reed, Talia Lavin, Lavin, I’m, ” Lavin, Aaron Kleinman, ” Kleinman, he’s, she’s, Organizations: Mississippi Free Press, Twitter, Elon, NBC News, Guardian, Boston Globe, Journalists, Nazi, States, Locations: Mississippi, Bluesky
Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group's record highs will help drive investors back into the group. "Small caps are going to become more in favor in 2025," VettaFi's Todd Rosenbluth said on CNBC's "ETF Edge" this week. Rosenbluth, the firm's head of research, expects ETF funds specializing in small caps to reap the benefits of investors looking to broaden out their market exposure. Rosenbluth cited the iShares Core S&P Small-Cap ETF and the VictoryShares Small Cap Free Cash Flow ETF as potential ways to play strength in small caps. The Core S&P Small-Cap ETF is up 11% in November while the VictoryShares' fund is up almost 8%.
Persons: VettaFi's Todd Rosenbluth, Russell, Rosenbluth Organizations: Apple, Microsoft, Nvidia, Meta
Advertisement"A challenge for first-time homebuyers is higher mortgage rates, especially over the last year," Snowden said. "We see that a large share of homebuyers, especially first-time buyers, rely on gifts or loans from family and friends," Snowden said. The share of first-time homebuyers dropped to just 24% in 2024, down from 32% in 2023 and a record 50% in 2010. AdvertisementIn 2024, the median age of first-time buyers was 38, nine years older than in 1981. AdvertisementSince NAR started collecting data, single women homebuyers have outpaced single men homebuyers, but the gap has grown.
Persons: homebuying, Brandi Snowden, Snowden, hasn't, it's, homebuyers, , Gen Zers, Gen Xers, Jessica Lautz Organizations: National Association of Realtors, Census Bureau, Department of Housing, Urban Development, NAR, Federal Reserve's Survey, Consumer Finances Locations: America, US
It would be another 12 years before the NCAA made a major revision to its rules on transgender athletes. The Independent Council on Women’s Sports is financing a class-action lawsuit against the NCAA over its policy on transgender women athletes. Those pushing for acceptance of trans athletes in competitive sports argue there is no evidence showing transgender women have an advantage. But the rules of World Aquatics bar transgender athletes from competition unless they have not experienced biological puberty. And like cisgender athletes, trans athlete’s abilities vary.
Persons: Todd Kress, Lia Thomas, Kye, Allums, Mark Emmert, ” Emmert, , Marshi Smith, Thomas, Thomas ’, they’ve, , DJ Oberlin Organizations: CNN, San Jose State University, NCAA, Spartans, San, ESPN, University of Pennsylvania, George Washington University women’s, U.S ., Governors, of Governors, Independent, Women’s Sports, National Association of Intercollegiate Athletics, , Ivy League, Penn’s, Sports, Aquatics, Sport, Sports Medicine, British, of Sports Medicine, Air Force Locations: Las Vegas, San, San Jose State, Boston
Ether , the digital silver to bitcoin's gold, has outperformed the rest of crypto since the U.S. election and brought ether ETFs to life at last. Plus, the absence of regulatory clarity has meant an inability for investors to " stake " their ether for yield. It's still up 59% for 2024, but it's trailing bitcoin at 126% and the rest of the crypto market, as measured by the CoinDesk 20 index, at 94%. "[The] Trump impact on bitcoin and crypto including ETH is not priced in yet," he said. To be sure, there's an awareness gap among average investors of bitcoin versus ether.
Persons: Solana, It's, Zach Pandl, Mark Connors, Donald Trump, Trump, Joe Biden, Pandl, Ethereum, Matt Hougan, , JPMorgan's, Hougan, I'm, Harris, — it's Organizations: Investors, Solana, ETH, Bitwise, DeFi Locations: United States, U.S, tokenization, bitcoin, ETH —, ETH
They calculated each person’s Sleep Regularity Index (SRI) score, with higher scores denoting more regular sleepers. The team then tracked incidents of cardiovascular death, heart attack, heart failure and stroke over eight years and found that irregular sleepers were 26% more likely to suffer one of these events than those with a regular sleep cycle. Irregular sleep means the variations in the time someone goes to sleep and wakes up. However, it was an observational study and, as such, can only establish a link rather than cause and effect: we can’t know for sure if irregular sleep patterns caused the increased risk. But even those irregular sleepers who got the recommended amount of sleep had a higher risk of suffering a major cardiovascular event.
Persons: Jean Pierre Chaput, , , Chaput, Naveed Sattar, Attar Organizations: CNN, University of Ottawa, World Health Organization, University of Glasgow, Epidemiology & Community Health Locations: Canada, Scotland
You're going to feel that shame because you're not reaching those sorts of arbitrary goals that are being set." Try 'intuitive' spending insteadAccording to Miranda, the toxicity of budgeting stems from a capitalistic culture geared toward making more money and accumulating assets, rather than focusing on the quality of life of individuals. Instead of scrimping and saving your money, Miranda recommended "conscious spending," as an alternative. "It's like an intuitive or mindful approach to spending and using their money." "As long as we understand how our debt products work and the consequences of different decisions that we make around debt."
Persons: Dana Miranda, Miranda, Sheida Isabel Elmi, it's Organizations: CNBC, Research, University of Minnesota, Aspen Institute Financial Security
— Thanks, Marek We do two things right off the bat after identifying a stock that we might want to buy. Remember, as an investor, you want to know every little aspect of every company whose stock you buy or think about buying. Financial statements In addition to understanding a company from a high level, we can't take a position before analyzing the financial statements and getting a sense of the health of the company in question. All three are incredibly important, however, of the three, the balance sheet is going to be the one to look at first. Knowing what shape the balance sheet is in gives you a better sense of the company's outlook.
Persons: Jim Cramer, Marek, that's, it's, Linde, Myers Squibb, Myers, Karuna, Jim Cramer's, Jim Organizations: Amazon, Linde, Myers, Karuna Therapeutics, Bristol, LIN, CNBC Locations: Bristol
Anthony Wallace | Afp | Getty ImagesThe shipping industry is contending with a worldwide shortage of seafarers, and it's fueling a troubling mix of fake resumes, accidents at sea, and elevated freight rates. "We have been seeing a consistent shortage of seafarers," Rhett Harris, senior manning analyst at Drewry, told CNBC. The Philippines, China, Russia, Ukraine and Indonesia are the largest suppliers of the world's seafarers, according to the most recent seafarer workforce breakdown report by the International Chamber of Shipping (ICS) and BIMCO in 2021. Before Russia's invasion of Ukraine in February 2022, Russian and Ukrainian seafarers made up almost 15% of the global shipping workforce, ICS data showed. "Policymakers need to create national strategies to address the seafarer shortage," the shipping organization said.
Persons: Anthony Wallace, Rhett Harris, Harris, Daejin Lee, Henrik Jensen, Danica Crewing, FertiStream's Lee, Drewry's Harris, Jensen, Caitlin Ochs Organizations: Afp, Getty, Drewry, CNBC, International Chamber of Shipping, ICS, Group, , CVs Locations: Busan, Russian, Ukraine, Russia, Philippines, China, Indonesia, Iran, Red, New York
Generative artificial intelligence has taken Silicon Valley by storm since the launch of OpenAI's ChatGPT chatbot in November 2022. There was a lot of optimism over the potential of GenAI gadgets at the CES trade show in January, said Paul Gagnon, vice president for analyst firm Circana. Additionally, consumers may find current GenAI devices too expensive, and they may be confused about what the devices can actually do, he said. The reality is that while GenAI has captivated Silicon Valley, it's still "inning zero" in regard to widespread adoption, Bajarin said. Despite Silicon Valley not having a breakout year for GenAI hardware, here are a few GenAI devices early adopters can buy.
Persons: chatbot, Paul Gagnon, Gagnon, we've, — there's, hasn't, Ben Bajarin, Ray, Bajarin, Ryan Reith, Reith, GenAI, Steve Koenig Organizations: Nvidia, CES, Creative, Microsoft, Apple, Intel, Dell, Lenovo, IDC, Consumer Technology Association Locations: Silicon
AdvertisementThe rate of AI model improvement appears to be slowing, but some tech leaders say there is no wall. A fierce debate over whether improvements in AI models have hit their limit has taken hold in recent weeks, forcing several CEOs to respond. Others, including Marc Andreessen, say AI models aren't getting noticeably better and are all converging to perform at roughly similar levels. AdvertisementOne solution that companies are exploring is synthetic data, an artificial form of data generated by AI. Aymeric Zhuo, cofounder and CEO of AI startup Agemo, said that AI reasoning "has been an active area of research," particularly as "the industry faces a data wall."
Persons: Sam Altman, Fabrice Beaulieu Dario Amodei, Anthropic, Jensen Huang, Marc Andreessen, Henri Tilloy, Jensen, Justin Sullivan, Matthew Zeiler, Eric Landau, Landau, Sharon Zhou, Zhou, Daniele Panfilo, Bard, it's, Thomas Wolf, Jonathan Frankle, Ilya Sutskever, Satya Nadella, Aymeric Zhuo, Sivesh Sukumar, OpenAI, Noam Brown, It's, Adam Selipsky, Dario Amodei, Noah Berger, Anthropic's, they've, Microsoft's Copilot Organizations: Nvidia, Business, Google, French VC, Companies, Vox Media, OpenAI, Reuters, TED, Gemini, Web, Getty Companies, Investors Locations: Santa Clara
AdvertisementI took my girlfriend on a luxury trip to Morocco but only had to pay $250 out of pocket. Booking our business-class flights was so gratifyingWe flew business class on Royal Air Maroc. I took to the private points and miles group I'm in from my Tricks to Travel class to ask if anyone had been to Morocco recently. Several people told me to book business class on Royal Air Maroc, so I started searching for flights. AdvertisementMy girlfriend had never flown business class before, so I was especially excited to surprise her with this.
Persons: she'd, Reggie Lamptey, Reggie Lamptey Hilton, Marriott Organizations: Royal Air Maroc, Hilton Tangier Al, Reggie Lamptey Hilton Tangier Al, Honors, Marriott Locations: Morocco, Marrakesh, Tangier, Hilton Tangier Al Houara, Reggie Lamptey Hilton Tangier Al Houara
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