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☆ Kate Moss Turns Out for King Charles, and Pharrell Shuts Down a City Street
▼ + stars: | 2024-05-04 | by ( Alyson Krueger | Melissa Guerrero | ) www.nytimes.com time to read: 1 min

It was still early on Thursday evening at Casa Cipriani in downtown Manhattan, but Lionel Richie thought he knew how his night would end: “Buckingham Palace is going to call us and ask, ‘How did it go?’”Mr. Richie, who had just walked a red carpet and was getting bombarded with selfie requests, was co-hosting the King’s Trust Global Gala, a fund-raiser for the organization started in 1976 by then Prince Charles that helps millions of underserved youth globally. The night drew more than 300 people including the actors Leonardo DiCaprio and Drew Barrymore, the musician John Legend, the stylist Law Roach and the model Kate Moss. It raised more than $1.4 million. The event, in its third year, was a collaboration between Mr. Richie, a longtime friend of King Charles, and Edward Enninful, the former editor in chief of British Vogue and co-chair of the event.

Persons: Casa, Lionel Richie, Mr, Richie, Prince Charles, Leonardo DiCaprio, Drew Barrymore, John Legend, Law Roach, Kate Moss, King Charles, Edward Enninful Organizations: British Vogue Locations: Casa Cipriani, Manhattan, “ Buckingham

Great Barrier Reef, Australia CNN —As the early-morning sun rises over the Great Barrier Reef, its light pierces the turquoise waters of a shallow lagoon, bringing more than a dozen turtles to life. CNN witnessed bleaching on the Great Barrier Reef in mid-February, on five different reefs spanning the northern and southern parts of the 2,300-kilometer (1,400-mile) ecosystem. “It’s a die-off,” said Professor Ove Hoegh-Guldberg, a climate scientist at the University of Queensland in Australia and chief scientist at The Great Barrier Reef Foundation. Our destination is Lady Elliot Island, a remote coral cay perched on top of the southern end of the Great Barrier Reef. — Lady Elliot Island Eco Resort Guano miners once stripped Lady Elliot Island of its topsoil.

Persons: Elliot Island, ”, Kate Quigley, “ We’re, Ove Hoegh, I’m, Guldberg, ‘, Elliot, Peter Gash, “, ” Gash, Lady Elliot, ” Peter Gash, CNN Gash, Derek Manzello, Peter Harrison, “ We’ve, ” Harrison, ” David Ritter, ” Ritter, David Wachenfeld Organizations: Australia CNN —, Atmospheric Administration, NOAA, CNN, Minderoo, University of Queensland, Eco, Reef Watch, Southern Cross University, Australian Institute of Marine Science, Greenpeace, Australia CNN Scientists, AIMS Locations: Australia, El, Brisbane, Queensland, Red Sea, Indonesia, Seychelles, Caribbean, Florida, “, New South Wales, Greenpeace Australia, Briggs, Elliot Island

☆ You could 'miss the opportunity' with company stock, experts say. Here are the key things to know
▼ + stars: | 2024-05-04 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +4 min

However, the taxes can be complicated, depending on the type of stock options. But even with an initial discount, there's no guarantee a company's stock price won't decrease after exercising a stock option. Restricted stock units are 'like a cash bonus'Another benefit, restricted stock units, or RSUs, are company shares granted upon hiring, which vest over time. "We like to establish a target of what they like to hold in company stock," said Garasic, who aims to keep allocations of a single stock to 10% or less. Employee stock purchase plans offer ‘free money’Many publicly traded companies may also offer discounted company shares via an employee stock purchase plan, or ESPP.

Persons: Bruce Brumberg, Ransom, Cooper, Matthew Garasic, vesting, Garasic, there's, Kristin McKenna Organizations: LanaStock, Getty, Zenith Wealth Partners, National Association of Stock Plan, Management, Darrow Wealth, Darrow Wealth Management, CNBC Locations: Pittsburgh, Boston

☆ It's getting really hard to find a job that pays well
▼ + stars: | 2024-05-03 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Job growth in April was concentrated in traditionally low-paying sectors like healthcare and retail. Wage growth, though slower, still outpaces inflation, which is still a boon for workers. That's because the industries that led job growth in April are traditionally low-paying. Indeed, job growth is concentrated in industries that are historically low-paying — and continue to pay less than the average across private industries. As Pollak notes, "wage growth has come down sharply, but it's mostly come down in industries where it was very rapid before."

Persons: —, it's, Jobs, that's, Labor Julie Su, Julia Pollak, It's, Kate Bahn, Insider's Aki Ito, Pollak, ALICE, They're, Nick Bunker, Bunker Organizations: Service, Federal Reserve, Labor, Healthcare, Institute for Women's, North, Business Locations: Bahn, North America

☆ Hope Hicks Takes the Stand: 5 Takeaways From Trump’s Criminal Trial
▼ + stars: | 2024-05-03 | by ( Jesse Mckinley | Kate Christobek | ) www.nytimes.com time to read: +1 min

Gasps were heard in the overflow courtroom when Hope Hicks was called as a witness on Friday in Donald J. Trump’s criminal trial in Manhattan, an audible sign of the anticipation as Mr. Trump’s former press secretary and White House communications director took the stand. In nearly three hours on the stand, Ms. Hicks described the impact on Mr. Trump’s campaign of the so-called “Access Hollywood” tape, in which Mr. Trump bragged about grabbing women’s genitals. As soon as the tape was disclosed in October 2016, Ms. Hicks said, she knew it would be “a massive story.”Taking the stand under a subpoena, Ms. Hicks said she was nervous, and at one point, early in the cross-examination, she broke down in tears. The Manhattan district attorney has charged Mr. Trump, 77, with falsifying 34 business records to hide a $130,000 payment to Stormy Daniels, a porn star who says she and Mr. Trump had a tryst in 2006 while he was married. Mr. Trump, the first American president to face criminal prosecution, has denied the charges and says he did not have sex with Ms. Daniels.

Persons: Gasps, Hope Hicks, Donald J, Trump’s, Hicks, Trump, Stormy Daniels, Daniels Organizations: White House Locations: Manhattan

☆ Immigrant workers are helping boost the U.S. labor market
▼ + stars: | 2024-05-03 | by ( Kate Rogers | ) www.cnbc.com time to read: +1 min

The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, economists and the Federal Reserve are touting the importance of immigrant workers for overall future economic growth. Immigrant workers made up 18.6% of the workforce last year, a new record, according to Bureau of Labor Statistics data. Despite the U.S. adding fewer-than-expected jobs in April, the labor force participation rate for foreign-born workers ticked up slightly, to 66%. "We don't have enough workers participating in the labor force and our birth rate has dropped down 2% last year from 2022 to 2023.

Persons: Jennie Murray, Phillip Swagel, Swagel Organizations: Federal, of Labor Statistics, Workers, National Immigration, Congressional Locations: America

☆ This 401(k) match change could have 'unintended consequences' at tax time, experts say
▼ + stars: | 2024-05-03 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

If you've opted into your employer's Roth 401(k) after-tax matching contributions this year, it could trigger a tax surprise without proper planning, experts say. Enacted in 2022, Secure 2.0 ushered in sweeping changes for retirement savers, including the option for employers to offer 401(k) matches in Roth accounts. Previously Roth 401(k) matches went into pretax accounts. However, those new matching Roth contributions could have "unintended consequences" at tax time, according to Tommy Lucas, a certified financial planner and enrolled agent at Moisand Fitzgerald Tamayo in Orlando, Florida. More from Personal Finance:IRS aims to more than double its audit rate on wealthiest taxpayersHere are three ways to lower your credit card annual percentage rate, experts sayWhy your financial advisor may not give you the best Social Security advice

Persons: you've, Roth, Tommy Lucas, Moisand Fitzgerald Tamayo Organizations: of America, Finance Locations: Orlando , Florida

☆ Help Wanted: Immigrants fueling U.S. workforce
▼ + stars: | 2024-05-03 | by ( Kate Rogers | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHelp Wanted: Immigrants fueling U.S. workforceCNBC’s Kate Rogers on the boost immigrant workers have given to the U.S. economy over the last several years.

Persons: Kate Rogers Locations: U.S

☆ Missouri and South Dakota Move Toward Abortion Rights Ballot Questions
▼ + stars: | 2024-05-03 | by ( Kate Zernike | ) www.nytimes.com time to read: +1 min

Two more states with near-total abortion bans are poised to have citizen-sponsored measures on the ballot this year that would allow voters to reverse those bans by establishing a right to abortion in their state constitutions. On Friday, a coalition of abortion rights groups in Missouri turned in 380,159 signatures to put the amendment on the ballot, nearly double the 172,000 signatures required by law. The Missouri organizers’ announcement followed a petition drive in South Dakota that announced on Wednesday that it, too, had turned in many more signatures than required for a ballot amendment there. Groups in about 10 other states have secured spots on the ballot for abortion rights measures or are collecting signatures to do so. Those include Arizona and Nevada, swing states where Democrats are hoping that voters who are newly energized around abortion rights will help President Biden win re-election.

Persons: Roe, Wade, Biden Organizations: United States Locations: Missouri, South Dakota, Arizona, Nevada

☆ State of Small Business: Challenges & Opportunities in Today's Economy
▼ + stars: | 2024-05-02 | by ( Kate Rogers | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailState of Small Business: Challenges and Opportunities in Today's EconomyWith optimism currently at its lowest level in over a decade, inflation continues to pose major challenges for small business owners across America. The head of the Small Business Administration discusses assistance programs and resources available to help owners weather these economic headwinds and share stories of entrepreneurs she's met all over the country.

Persons: she's Organizations: State, Small, Small Business Administration Locations: America

☆ IRS aims to more than double its audit rate for wealthiest taxpayers in strategic plan update
▼ + stars: | 2024-05-02 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Internal Revenue Commissioner Danny Werfel speaks during his swearing in ceremony at the IRS in Washington, D.C., on April 4, 2023. The agency also renewed its focus on "tax fairness" with plans to increase audits on the wealthiest taxpayers, large corporations and complex partnerships. The IRS aims to more than double the audit rate for the wealthiest taxpayers with total positive income of more than $10 million by tax year 2026. This would bring the audit rate for these individuals to 16.5% in 2026, compared to 11% in 2019. The agency also plans to "nearly triple audit rates" on large corporations with assets over $250 million and boost audit rates "by tenfold" for large, complex partnerships with assets over $10 million, Werfel said.

Persons: Danny Werfel, Werfel Organizations: Washington , D.C, IRS, Finance, Fed Locations: Washington ,

☆ Prince William and Kate Middleton released a new photo of Princess Charlotte for her birthday
▼ + stars: | 2024-05-02 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +2 min

To mark her birthday, Kensington Palace released a new photo of her taken by Kate Middleton. Nine years ago today, Prince William and Kate Middleton welcomed Charlotte Elizabeth Diana at the Lindo Wing of St. Mary's Hospital in London. Charlotte is the Prince and Princess of Wales' second child, and her brothers, Prince George and Prince Louis, are 10 and 6, respectively. Kensington Palace released a new photo of the princess on its social media channels to mark the occasion. "Happy 9th birthday, Princess Charlotte!"

Persons: Princess Charlotte, Kensington, Kate Middleton, Charlotte, —, Prince William, Charlotte Elizabeth Diana, Prince, Princess, Wales, Prince George, Prince Louis, jean, Kate, Louis, William, King Charles III's Organizations: Service, Mary's, Business, Mother's, Reuters, AP, Wimbledon Locations: Lindo, London, Kensington, cardigan

☆ Princess Charlotte turns 9! See the sweet photo from her parents to mark the occasion
▼ + stars: | 2024-05-02 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +8 min

London CNN —A photograph of a beaming Princess Charlotte has been released by the Prince and Princess of Wales to mark her ninth birthday. The children, from left, are Prince George, Prince Louis, Princess Charlotte, Savannah Phillips, Isla Phillips, Lena Tindall and Mia Tindall. The Duchess of Cambridge/Getty Images The Prince and Princess of Wales have released a photo of Princess Charlotte to mark her ninth birthday on Thursday, May 2. Carl Court/AFP/Getty Images Princess Charlotte, William and Catherine's middle child, is seen in this handout photo released on May 1, 2021, a day before her sixth birthday. The Duchess of Cambridge via Getty Images Princess Charlotte playfully sticks out her tongue while attending a King's Cup regatta with her mother in 2019.

Persons: Charlotte, Prince, Princess, “, Catherine , Princess of Wales, Prince Louis ’, Prince William, Kate, Kensington, It’s, Princess Charlotte, Charlotte’s, Queen Elizabeth II, Prince Philip, Prince George, Prince Louis , Princess, Savannah, Isla Phillips, Lena Tindall, Mia Tindall, Duchess, Wales, Wales Prince George, William, George, Samir Hussein, Barack Obama, Pete Souza, Carl Court, Prince George . The Duchess, Cambridge, Chris Jackson, Ben Stansall, Prince Louis, Louis, AP Prince Louis, Kate's, Catherine, Prince Harry, Meghan, Duchess of, Prince Archie, Archie, Toby Melville, Prince Archie of Sussex, Dominic Lipinski, Eugenie, Jack Brooksbank, Princess Beatrice, Sienna, Prince Andrew . Princess Eugenie, Prince Edward, James, Earl of Wessex, Sophie, Lady Louise Mountbatten, Louise, Steve Parsons, Cousins Mia Tindall, Savannah Phillips, Princess Eugenie, Princess Anne, Mia, Mike, Zara Tindall, Peter, Autumn Phillips, Max Mumby, Savannah's, Zara Tindall's, Lena, Zara, Lucas, ”, Queen Elizabeth II’s, King Charles ’, wasn’t, That’s, Charlotte Elizabeth Diana Organizations: London CNN, CNN, Westminster Abbey, St, of England High, Getty, Kensington Palace, William, AP, Press Association, CNN’s Royal, Mary’s Locations: Wales, Windsor, Kensington, Sandringham, Norfolk, London, UK’s, Midlands, St Michael’s, Prince Louis , Princess Charlotte, Savannah Phillips, Cambridge, AFP, Duchess of Sussex, South Africa, Edinburgh, Mia, Savannah, Wellington, Charlotte, British, St

☆ Gold Medal Mentality: Applying an Olympic Mindset to Small Business
▼ + stars: | 2024-05-02 | by ( Kate Rogers | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGold Medal Mentality: Applying an Olympic Mindset to Small Business with Gymnast Leanne WongResiliency, focus, and discipline are defining traits of not only elite-level athletes, but many small business owners, as well. 2x world champion gymnast Leanne Wong shares how she applies that same mindset to her side hustle as an entrepreneur and discuss how she's running and growing her business while competing for a spot on this summer's 2024 Olympic team.

Persons: Leanne Wong Resiliency, Leanne Wong Organizations: Business

☆ 24% of business owners believe inflation has peaked, CNBC small business survey finds
▼ + stars: | 2024-05-02 | by ( Kate Rogers | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email24% of business owners believe inflation has peaked, CNBC small business survey findsCNBC’s Kate Rogers joins 'Power Lunch' to discuss the latest result from CNBC/SurveyMonkey Small Business Survey.

Persons: Kate Rogers Organizations: CNBC, Survey

Keith Davidson, the former lawyer for the porn star Stormy Daniels, faced a blistering cross-examination on Thursday in the criminal trial of Donald J. Trump, with defense lawyers casting him as a serial extortionist of celebrities. The judge, Juan M. Merchan, also heard arguments about additional violations of a gag order by Mr. Trump, just days after he held the former president in contempt and fined him $9,000 for nine other violations. Justice Merchan has threatened jail time if the violations continue, but did not rule on four new allegations on Thursday. Mr. Trump, 77, is charged with falsifying 34 business records, including checks and invoices, to hide a $130,000 payment to Ms. Daniels, who says she and Mr. Trump had a tryst in 2006 while he was married. Mr. Trump, the first American president to face prosecution, has denied the felony charges, and having had sex with Ms. Daniels.

Persons: Keith Davidson, Stormy Daniels, Donald J, Juan M, Trump, Merchan, Daniels Organizations: Trump

☆ House passes antisemitism bill as Johnson highlights campus protests
▼ + stars: | 2024-05-01 | by ( Clare Foran | ) edition.cnn.com time to read: +8 min

“The bill sweeps too broadly.”Speaker Johnson puts a spotlight on campus protestsHouse Speaker Mike Johnson has increasingly put a spotlight on campus protests. Last week, the Louisiana Republican visited Columbia University to meet with Jewish students and hold a press conference where he called on the university’s president to resign. CAIR has reported record incidents of Islamophobia on campus, and the Anti-Defamation League has recorded a historic number of incidents of violence and threats against Jewish students. Some Jewish students have said they were threatened by protesters and encountered antisemitic rhetoric at some of the rallies. The White House and multiple governors have voiced support for Jewish students and urged protesters and universities to exercise restraint.

Persons: New York Republican Mike Lawler, “, ”, Josh Gottheimer, Max Miller, Jared Moskowitz, Jerry Nadler, Johnson, Mike Johnson, Virginia Foxx, Marjorie Taylor Greene, Donald Trump, Trump, Nick Fuentes, Kanye, ” Trump, Benjamin Netanyahu’s, CNN’s David Goldman, Ramishah Maruf, Kate Sullivan Organizations: CNN, Department, Education, International Holocaust, Alliance, Critics, GOP, Senate, New York Republican, New, New Jersey Democrat, Ohio Republican, Florida Democrat, American Civil Liberties Union, ACLU, Democratic, ”, Louisiana Republican, Columbia University, Republicans, House Education, Yale, UCLA, Committee, Jewish, White, Kanye West, CAIR, Defamation Locations: Israel, New Jersey, Ohio, Florida, New York, Louisiana, North Carolina, Michigan, Columbia, Lago, Charlottesville , Virginia, United States, Gaza

☆ Amazon CEO Andy Jassy broke federal labor law with anti-union remarks
▼ + stars: | 2024-05-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon CEO Andy Jassy violated federal labor law in comments he made to media outlets about unionization efforts at the company, a National Labor Relations Board judge ruled Wednesday. NLRB Administrative Law Judge Brian Gee cited interviews Jassy gave in 2022 to CNBC's "Squawk Box," Bloomberg Television and at The New York Times' DealBook conference. At the DealBook conference, Jassy said that without a union the workplace isn't "bureaucratic, it's not slow." The NLRB filed the complaint against Amazon and Jassy in October 2022. But the Amazon chief's other remarks that employees would be less empowered and "better off" without a union violated labor law, "because they went beyond merely commenting on the employee-employer relationship."

Persons: Andy Jassy, Brian Gee, Jassy, Gee, Mary Kate Paradis, Paradis Organizations: National Labor Relations, NLRB, Bloomberg Television, The New York Times, CNBC, Bloomberg, Amazon Locations: Amazon's

☆ A year after his detention, Trump for the first time calls for release of WSJ reporter Evan Gershkovich
▼ + stars: | 2024-04-30 | by ( Kate Sullivan | Michelle Shen | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump, in an interview published Tuesday, called for the first time for Russia to release Wall Street Journal reporter Evan Gershkovich, who has been detained for more than a year. “The reporter should be released and he will be released,” Trump told Time magazine when asked about Gershkovich. “I don’t know if he’s going to be released under (President Joe) Biden. In contrast with Trump, the Biden administration’s condemnation over Gershkovich’s detainment has been swift. Why the silence, sir?”The Biden administration’s efforts to secure Gershkovich’s release have not yet yielded results.

Persons: Donald Trump, Evan Gershkovich, ” Trump, Joe, Biden, ” Gershkovich, Trump, Vladimir Putin, Gershkovich, “, ”, Sens, Mitch McConnell, Chuck Schumer, Paul Whelan Organizations: CNN, Time, Street, White, ’ Association, US State Department, “ Locations: Russia, Russian, Yekaterinburg, Moscow’s

☆ 66% of parents say they feel isolated and lonely, new survey shows
▼ + stars: | 2024-04-30 | by ( Aditi Shrikant | ) www.cnbc.com time to read: 1 min

Even parents, a demographic that is notoriously deprived of alone time, are not immune to the ongoing loneliness epidemic. About two-thirds, 66%, of parents said the demands of child-rearing sometimes or frequently make them feel lonely and isolated, according to a new survey by The Ohio State University Wexner Medical Center. Researchers polled 250 parents between the ages of 30 and 49. The best way to combat this experience is to prioritize social connection, says Kate Gawlik, an associate clinical professor at The Ohio State University College of Nursing and a researcher on parental burnout who designed the survey. "That's how connection is formed.

Persons: Kate Gawlik Organizations: The Ohio State University Wexner Medical Center, The Ohio State University College of Nursing

☆ Amazon shares climb on earnings and revenue beat
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon shares climb on earnings and revenue beatCNBC's Kate Rooney and Adam Crisafulli, Vital Knowledge founder, join 'Closing Bell Overtime' with reaction to Amazon's earnings beat.

Persons: CNBC's Kate Rooney, Adam Crisafulli Organizations: Vital Knowledge

☆ Trump doesn’t rule out political violence if he loses, and other takeaways from his Time interview
▼ + stars: | 2024-04-30 | by ( Steve Contorno | Kate Sullivan | ) edition.cnn.com time to read: +9 min

CNN —Former President Donald Trump wouldn’t dismiss the potential for political violence from his supporters if he isn’t elected in November, suggesting it would depend on the outcome of the presidential race. “I don’t think we’re going to have that,” the presumptive GOP nominee told Time magazine. It always depends on the fairness of an election.”The remarks came in a wide-ranging interview with the magazine that published Tuesday. But pressed by the magazine in a later phone interview, Trump was less definitive about the future. Throughout his political career, Trump has regularly refused to accept the results of an election or commit to a conceding defeat.

Persons: Donald Trump wouldn’t, ”, Benjamin Netanyahu’s, Trump, they’ll, ” Trump, Texas Sen, Ted Cruz, Hillary Clinton, Trump baselessly, Ron DeSantis, “ Will, “, Joe Biden’s, “ Donald Trump’s, ” Biden, Julie Chavez Rodriguez, Roe, didn’t, Netanyahu, – Trump, Netanyahu “, Soleimani –, Evan Gershkovich “, Alexey Navalny, Vladimir Putin, Navalny, Jamal Khashoggi, Prince Mohammed bin Salman, bin Salman Organizations: CNN, Time, Israel, Capitol, Texas, Florida Gov, Republican, Trump, Sunshine, Hamas, Capitol Hill, “, Wall Street, Kremlin, Saudi, CIA, United Nations Locations: Lago, Florida, Washington, Iowa, Florida , Texas, Arizona, Israel, Russia, American

☆ Contempt Fines and Hush-Money Details: 5 Takeaways From Trump’s Trial
▼ + stars: | 2024-04-30 | by ( Jesse Mckinley | Kate Christobek | ) www.nytimes.com time to read: +1 min

The third week of the criminal trial of Donald J. Trump began with a rebuke: The judge, Juan M. Merchan, held the former president in contempt and fined him $9,000 for repeatedly violating a gag order. He also threatened jail time if the violations continue. The lawyer, Keith Davidson, also described an earlier deal to buy the silence of another woman, Karen McDougal, who said she’d had a longer-term affair with Mr. Trump. Mr. Trump, 77, is charged with falsifying 34 business records to hide the payment to Ms. Daniels. He has denied the felony charges, and having had sex with Ms. Daniels and Ms. McDougal.

Persons: Donald J, Trump, Juan M, Trump’s, Stormy Daniels, Keith Davidson, Karen McDougal, she’d, Daniels, McDougal

☆ Treasury Department announces new Series I bond rate of 4.28% for the next six months
▼ + stars: | 2024-04-30 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Jitalia17 | E+ | Getty ImagesHow I bond rates workThere are two parts to I bond rates — a variable- and fixed-rate portion — which the Treasury adjusts every May and November. Based on inflation, the variable rate stays the same for six months after purchase, regardless of when the Treasury announces new rates. There are no state or local levies on interest and you can defer federal taxes until redemption. What's the interest rate from May 1 to Oct. 31, 2024? $10,000 per person every calendar year, plus an extra $5,000 in paper I bonds via your federal tax refund.

Persons: Jeremy Keil, Keil, there's, Will Organizations: Treasury, Keil Financial Partners Locations: Milwaukee

☆ Corporate earnings solid so far, despite threats from a slowing economy and sticky inflation
▼ + stars: | 2024-04-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Valuations coming down So if earnings are up, why is the S & P off its highs? Today, a month later, 2024 earnings estimates are essentially the same but the multiple has declined to 20.8. The S & P 500 hit a low of 4,117 on Oct. 27 and only recovered when rates came down in early November. There are some big drags on earnings Some companies are seeing large declines in earnings estimates that are weighing on their sectors. When including this one-time item, the S & P 500 earnings growth rate for the first quarter declines to 5.6%, from 8.7%, LSEG has noted.

Persons: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Christopher Suh, Stephen Squeri, Hess, Nick Raich, LSEG, Hal Lawton, Brian Niccol, CNBC's Kate Rogers, Horton, Paul Romanowski, Kimberly, Clark, Michael Hsu Organizations: Companies, Netflix, JPMorgan, GE Aerospace, Caterpillar, Microsoft, Merck, Ford, Waste Management, Royal, Consumer, American Express, Energy, Marathon Petroleum, Apache, Valero Energy, Oil, Occidental Petroleum, Devon Energy, ConocoPhillips, Exxon Mobil, Scout, Bristol Myers Squibb, Karuna Therapeutics, Boeing, Nvidia, Meta, AMD Locations: financials, industrials, Royal Caribbean, North America

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