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☆ The Week Ahead: July 19, 2024
▼ + stars: | 2024-07-19 | 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 EmailThe Week Ahead: July 19, 2024CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

Persons: Dominic Chu

The Equal Credit Opportunity Act prohibits discrimination in credit transactions. However, it's worth acknowledging that things aren't as bleak as they were decades ago — and a big part of that credit goes to the enactment of the Equal Credit Opportunity Act. What is the Equal Credit Opportunity Act? The Equal Credit Opportunity Act (ECOA) is a federal law that promotes fairness and prohibits discrimination in credit transactions. Your rights under the Equal Credit Opportunity ActBefore applying for a loan or taking out a line of credit, make sure you know your rights under the Equal Credit Opportunity Act so you're not taken advantage of.

Persons: ECOA, I've, Dominic James Murray, Cameron James, JPMorgan Chase Organizations: Black, Regulation, United States, Independent, Southern, of New, JPMorgan Chase, JPMorgan, telltale, Chevron, Consumer Financial Protection Bureau, National Credit Union Administration, Federal Reserve Board, Federal Deposit Insurance Corporation, Department of Justice Locations: of New York, Chevron

☆ AT&T is telling customers they were hacked. Protecting data has been a big fight – from companies like AT&T
▼ + stars: | 2024-07-18 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +9 min

In a statement, AT&T said, “We have long supported a comprehensive federal privacy policy protecting all Americans that applies across the internet ecosystem. Currently, data privacy laws exist in 19 states covering at least 150 million Americans, though differing in scale and scope. Industry trade groups say that while cyber security and data privacy can be interrelated, there is tension between those concepts that might not be fully covered in a data privacy law. What it’s like trying to pass data privacy lawsWhen Collin Walke, a data privacy and cybersecurity attorney, was in the Oklahoma House, he focused on data privacy legislation. One lobby, the State Privacy & Security Coalition, represents AT&T, T-Mobile, Verizon, Meta, as well as automobile, healthcare and payment card companies.

Persons: It’s, “, ” Dominic Sellitto, ” Sellitto, They’re, Alan Butler, ”, Eric Noonan, ” Andrew Kingman, Collin Walke, ” Walke, ” Monica Priestley, ” Priestley, something’s, ” Noonan, ” Butler Organizations: New, New York CNN, FBI, Securities and Exchange Commission, Consumer, Big Tech, Social, University at Buffalo, Privacy, “, State Privacy, Security Coalition, Industry, Oklahoma House, Amazon, Google, Verizon, CNN, U.S, Privacy & Security Coalition, Mobile, Meta, “ Industries, Tech, Companies, FCC, Federal Communications Commission Locations: New York, “, Oklahoma, California, Vermont

☆ ‘Twisters’ chose not to mention climate change. Here’s why
▼ + stars: | 2024-07-16 | by ( Thomas Page | ) edition.cnn.com time to read: +18 min

CNN —Like its titular tornados, “Twisters” blasts through a lot in its 122-minute runtime. Generally, scientists are the least certain about the connection between tornadoes and climate change as it’s unclear how warming temperatures are changing storms themselves or the outbreaks. Cathy, a local farmer, gripes that storms and floods are becoming more frequent, and the price of wheat more expensive, while stopping short of citing climate change. However, for a film populated by scientists and clued-in citizens to not mention climate change is a little like the twisters themselves: there’s a hole at the center. !”“Making a ‘Twisters’ movie in Tornado Alley during storm season, tornado season, it’s kind of perfect.

Persons: Glen Powell’s brawn, –, “, Lee Isaac Chung, “ We’ve, ”, Javi, Anthony Ramos, Kate, Daisy Edgar, Jones, ” Lee, Maura Tierney’s, Cathy, that’s, Lee, Glen Powell, Mark L, Smith, Joseph Kosinski, it’s, we’re, Kevin Costner, Yorgos, Matt Smith, Fabien Frankel, Anya Taylor, Joy, Max, George Miller, Chris Hemsworth, Samsik, Kang, ’, Nicola Coughlan, Luke Newton, Guy, Ryan Gosling, Emily Blunt, David Leitch, stuntmen, Jane Schoenbrun, Justice Smith, Brigette Lundy, Paine, Josh O'Connor, Idris Elba, Adam Pally, Hao Xuande, Sandra Oh, Chan, Henry Cavill, Alex Pettyfer, Guy Ritchie's, Guy Ritchie, Jerry Bruckheimer, Isabella Rossellini, Kristen Stewart, she's, Denis Villeneuve, Frank Herbert's, Jessica Chastain, Austin Butler, Ambika Mod, Leo Woodall, Molly Manning Walker, Bryan Cranston, Matthew Vaughn, Ava DuVernay, Aunjanue Ellis, Taylor, Paul Mescal, Andrew Scott, George Clooney, Pedro Alonso, Penelope Cruz, Laura Garello Ferrari, Adam Driver, Michael Mann, Emma Stone, Bella Baxter, Willem Dafoe, Mark Ruffalo, Ramy Youssef, Imelda Staunton, Dominic West, Ncuti Gatwa, Paul King, Hugh Grant's Oompa, Napoleon, Vanessa Kirby, Ridley Scott, Nicolas Cage, Emerald Fennell, Jacob Elordi, Priscilla, Sofia Coppola, Elvis Presley, Kitty Green, Justine Triet, Sandra Hüller, Palme, Ryu Seungryong, Oppenheimer, Christopher Nolan, Cillian Murphy, Robert Downey Jr, Margot Robbie, Ken, Greta Gerwig, Mattel, Tom Cruise, Christopher McQuarrie, Simon Pegg, Scarlett Johansson, Jason Schwartzman, Adrien Brody, Jeffrey Wright, Wes Anderson, Celine Song, Greta Lee, Halle Bailey, Javier Bardem, Kim Woo, Seung, Cho Ui, seok, Jan de Bont’s, ” Glen Powell, Melinda Sue Gordon, Ramos, Powell, everybody’s weirdly, ” Powell, Tyler Owens, “ I’m, anyone’s Organizations: CNN, ”, Universal Pictures, Warner Bros ., CNN CNN, Ungentlemanly, “ Locations: Midwest, Oklahoma, Arkansas, Korea, Modena, Palme d'Or, “

☆ Novak Djokovic and Carlos Alcaraz’s Wimbledon final is a duel of extraordinary quests
▼ + stars: | 2024-07-13 | by ( Matthew Futterman | ) www.nytimes.com time to read: +9 min

Follow live coverage as Barbora Krejcikova and Jasmine Paolini face off in the women’s final at Wimbledon todayWIMBLEDON — Novak Djokovic and Carlos Alcaraz are at opposite ends of their careers. Alcaraz beat Djokovic in last year’s final in five sets (Charlotte Wilson/Offside via Getty Images)Alcaraz won the French Open five weeks ago. On June 5, 25 days before the start of the tournament, Djokovic had surgery on a torn medial meniscus in his right knee. He beat Francisco Cerundolo, a clay court standout going through the same transition, then lost handily to Jack Draper of Britain. (A few days of celebrating his maiden French Open title in Ibiza might have had something to do with it.)

Persons: Krejcikova, Jasmine Paolini, WIMBLEDON — Novak Djokovic, Carlos Alcaraz, Alcaraz, Daniil Medvedev, Lorenzo Musetti, Djokovic, Charlotte Wilson, —, Roland Garros, Rod Laver, Bjorn Borg, Rafael Nadal, Roger Federer, Margaret Court, Evonne Goolagong, Billie Jean King, Chris Evert, Martina Navratilova, Serena Williams, Steffi Graf, Emmanuel Dunand, I’m, Medvedev, “, shouldn’t, ”, Ben Stansall, ” Medvedev, ” Dominic Thiem, Federer, Nadal, Francisco Cerundolo, Jack Draper of, Andrej Isakovic, Tommy Paul, ” Paul, ” Djokovic, “ He’s, didn’t, Tara, Musetti, Julian Finney, Alex de Minaur Organizations: Wimbledon, WIMBLEDON, Court, Getty, Djokovic, Games, Athletic, Queen’s Club, All England, Serbian, All England Club Locations: Wimbledon, AFP, London, Ibiza, Queen’s, Spain

☆ We expect up to two rate cuts this year, says American Century's Rich Weiss
▼ + stars: | 2024-07-12 | 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 EmailWe expect up to two rate cuts this year, says American Century's Rich WeissRich Weiss, chief investment officer of multi-asset strategies for American Century Investments, joins CNBC's Dominic Chu from the American Century Championship golf tournament. They discuss Weiss' outlook for the current investing environment and macroeconomic trends.

Persons: Rich Weiss Rich Weiss, Dominic Chu, Weiss Organizations: American Century Investments, American

☆ American Century's Rich Weiss says Fed could cut twice this year, urges investors to stay diversified
▼ + stars: | 2024-07-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Rich Weiss wouldn't be surprised if the Federal Reserve cuts rates twice this year — and potentially before the November election. The comments from Weiss come as Wall Street continues to weigh whether the Federal Reserve will cut rates before year-end. But Weiss urges investors to diversify in this concentrated market. Although a riskier bet, Weiss is also finding opportunities in the real estate sector, which he expects should recover as rates fall. Bonds also look attractive should yields continue to come down, and could outperform stocks through the end of 2024, he added.

Persons: Rich Weiss wouldn't, CNBC's Dominic Chu, Weiss, that's, Bonds Organizations: Federal Reserve, Century Investments, American

☆ There's only one historical romance show you need to be watching — and it's not 'Bridgerton'
▼ + stars: | 2024-07-11 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +7 min

All eight episodes of "My Lady Jane" dropped on Prime Video on June 27. AdvertisementThe premise is deranged in the best wayWhat, exactly, is "My Lady Jane" about? The chemistry between Jane and Guildford is sizzling"My Lady Jane" is a perfect example of enemies-to-lovers. But there's more to the show than romanceThe world of "My Lady Jane" is populated by multiple complex and compelling characters who are all vying for the throne in some way. But "My Lady Jane" never stops with the laughs.

Persons: —, Jane, King Edward VI's, Jane Grey —, jane …, trish, @ULTRAGLOSS, Emily Bader, Guildford, Edward Bluemel, Penelope, Colin, Nicola Coughlan, Luke Newton, wasn't, hasn't, Kate, Anthony, we'd, Darcy, It's, Will Mondrich, Mary, Edward, it's, Jane's, who's, King Edward dead …, Benedict, Francesca, Francesca Bridgerton, John Stirling, Dickinson, Charlotte, Taylor, Kate O'Flynn, Princess Mary, Dominic Cooper, Lord Seymour Organizations: Service, Slate, Forbes, Variety, Rotten, Business, Guildford, WLW, Netflix Locations: Guildford, Jane

☆ There's only one historical-romance show you need to be watching — and it's not 'Bridgerton'
▼ + stars: | 2024-07-11 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +7 min

All eight episodes of "My Lady Jane" dropped on Prime Video on June 27. AdvertisementThe premise is deranged in the best wayWhat, exactly, is "My Lady Jane" about? The chemistry between Jane and Guildford is sizzling"My Lady Jane" is a perfect example of enemies-to-lovers. While the relationship between Jane and Guildford is a huge part of the show, there's a lot more going on in this universe. But "My Lady Jane" never stops with the laughs.

☆ Keir Starmer must fix Britain’s economic mess after UK election win
▼ + stars: | 2024-07-05 | by ( Hanna Ziady | ) edition.cnn.com time to read: +9 min

London CNN —British voters have handed the Labour Party its first election victory in almost two decades, hoping that a new center-left government will revive Britain’s ailing economy and fix collapsing public services. The win is a triumph for Keir Starmer, a former chief prosecutor who only entered parliament in 2015 and will become prime minister later Friday. “It feels good, I have to be honest.”But Labour’s jubilation may soon give way to trepidation given the economic challenges ahead. Making these problems even harder to solve: stubbornly low economic growth. To some extent, the government is likely hoping economic growth will be stronger than forecast and help with both goals.

Persons: Conservative Party —, Keir Starmer, ”, ” Gregory Thwaites, ” ‘, “, Paul Johnson, —, Dominic Lipinski, Johnson, Louise Hellem, Rachel Reeves, Stefan Rousseau, ” Brexit Organizations: London CNN — British, Labour Party, Conservative Party, National Health Service, Universal Credit, CNN, Labour, for Fiscal Studies, Bloomberg, Getty, Wealth Fund, Great, Great British Energy, “, Confederation of Business Industry, Conservative, Shadow, AP, European Union, Trade Locations: England, Scotland, Wales, Selby, UK, Great British, Britain, Southampton, United States

☆ Can Threads survive without Instagram? A year in, the platform is facing an identity crisis
▼ + stars: | 2024-07-05 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

Read previewIf you opened Instagram last July 5, the buzz about Threads was hard to miss. Threads plans to become more independent, but Instagram still drives a lot of the trafficRecent data from Emarketer found that Instagram has been a big driver of users to Threads — out of Threads' 29 million US users in 2023, 21% were Instagram users, while in 2024, that share rose to 29% out of 41.7 million users. Head of Instagram Adam Mosseri confirmed in a recent interview with Platformer that a lot of the platform's users were "coming over from Instagram." However, Instagram still reminds Threads users who dropped off to keep using the platform, like Kristin Bousquet, a creator who has 5,412 followers on Threads. "Just having the ability to go to someone's Instagram account from Threads, and vice versa, keeps it top of mind," he said.

Persons: —, Instagram, Jasmine Enberg, Adam Mosseri, Mosseri, Francis Dominic, Kristin Bousquet, Bousquet, Lindsey Gamble, Taylor Swift, Jackie Pimental, Emarketer, Meta Organizations: Service, Business, Meta, Sports, Twitter Locations: Instagram

☆ A scene of humans hunting a pig painted in an Indonesian cave is oldest known narrative art
▼ + stars: | 2024-07-04 | by ( Katie Hunt | Lex Harvey | ) edition.cnn.com time to read: +6 min

The paintings are older than Europe’s famed cave art such as Lascaux in France, and, while younger than some geometric abstract art found in South Africa, it’s the oldest of a narrative scene, the authors of the study said. The cave art discoveries have challenged a longstanding belief that artistic expression — and the cognitive leap that fired up the human imagination — began in Europe. BRIN Google Arts & CultureEvolution of dating techniquesDating cave art is often difficult if the work is made with mineral pigments such as ocher or manganese rather than biological materials such as carbon. The study’s dating of the cave art is robust, but it’s “a leap of faith” to suggest that the figurative art was narrative in scope, said Paul Pettitt, a professor of archaeology at Durham University in the United Kingdom. It’s also unclear why so much cave art has been found in this region of Indonesia, Aubert said, but he and his team expected to find more.

Persons: “, ”, Maxime Aubert, ” , Adam Brumm, —, Renaud Joannes, Boyau, Joannes, Aubert —, Aubert, Nowell, wasn’t, it’s, Paul Pettitt, Dominic Julian, BRIN, Pettitt, It’s, sapiens Organizations: CNN, Griffith, for Social, Research, Australia’s Griffith University, BRIN Google Arts &, Southern Cross University, University of Victoria, Durham University, BRIN Google Locations: South Sulawesi, France, South Africa, Australia, Sulawesi, ”, Europe, Indonesia, archaeogeochemistry, Canada, United Kingdom, Africa

☆ How Britain’s political parties got their colors
▼ + stars: | 2024-07-01 | by ( Oscar Holland | ) edition.cnn.com time to read: +6 min

While these are the only two parties with a realistic chance of winning the election, other smaller parties across the British political system offer a veritable kaleidoscope of differing — and sometimes duplicate — colours. The Liberal Democrats (orange), and Reform UK (turquoise) and the Green Party (you guessed it), are all vying for votes. Labour Party leader Keir Starmer during the launching of Labour Party election manifesto, in Manchester, on June 13, 2024. Among the smaller parties, color choices have sometimes been relatively straightforward – the Green Party uses green, unsurprisingly, due to its obvious connections with environmentalism. Ed Davey, leader of the Liberal Democrats, during an election campaign visit in Frome, UK, on May 30, 2024.

Persons: Sinn Féin, Dominic Wring, Rishi Sunak, Jeff J Mitchell, ”, Keir Starmer, Oli Scarff, Liberal Democrats —, Ed Davey, Hollie Adams Organizations: CNN, Labour, Liberal Democrats, Reform, Green Party, Scottish National Party, Northern, Wales ’ Plaid Cymru, UK’s Loughborough University . British, British, British Union of Fascists, Labour Party, Getty, Conservative Party, Liberal Party, Social Democratic Party, Lib, Bloomberg, UK Independence Party, Christian Democrats, Marijuana Party of Canada, Republicans Locations: Edinburgh, Scotland, Britain, British Union, Manchester, AFP, Frome, UK, Europe

☆ I pay for Costco's $120 executive membership even though I only shop for 2. Here are some of my favorite things to get for easy meals.
▼ + stars: | 2024-06-30 | by ( Dominic Bucca | ) www.businessinsider.com time to read: +1 min

I use my Costco executive membership to pick up easy meal options for my household of two. The Authentic Motor City Pizza Co. deep-dish double-pepperoni pizzas are a delicious, easy dinner. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDespite not having a large family to feed, I've been shopping at Costco for more than 20 years. I pay $120 annually for an executive membership, which comes with a 2% reward of up to $1,000 on qualified Costco purchases.

Persons: Kirkland, —, we're Organizations: Costco, Co, Service, Business

☆ UK investment minister: Lawmakers should apply 'common sense' to betting endeavors
▼ + stars: | 2024-06-28 | 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 EmailUK investment minister: Lawmakers should apply 'common sense' to betting endeavorsU.K. Investment Minister Lord Dominic Johnson discusses the recent betting scandal and trust in Britain's political landscape.

Persons: Dominic Johnson Organizations: Investment

☆ Can Keir Starmer give Britain the change it desperately wants?
▼ + stars: | 2024-06-23 | by ( Luke Mcgee | ) edition.cnn.com time to read: +10 min

Barring a major shock, Labour leader Keir Starmer will be the person walking through the famous black door of 10 Downing Street in less than three weeks’ time. His parents were political, naming their eldest after the first Labour leader in parliament, Keir Hardie. “He’s the first Labour leader in a generation to talk about class and snobbery,” Tom Baldwin, author of “Keir Starmer: The Biography,” told CNN. Jeremy Corbyn, then the Labour leader, made Starmer his Brexit chief following the 2016 referendum. Starmer, left, and then-Labour leader Jeremy Corbyn talk to the media at the EU Commission headquarters on March 21, 2019 in Brussels, Belgium.

Persons: Rishi Sunak, Conservative Party –, –, Keir Starmer, Starmer, John Stillwell, Keir Hardie, “, ” Tom Baldwin, “ Keir Starmer, ”, …, ” Baldwin, Jeremy Corbyn, Corbyn, Osama bin Laden, Thierry Monasse, Boris Johnson, James Schneider, Dominic Grieve, ” Grieve, Grieve, ” Starmer, Stefan Rousseau Organizations: CNN, Conservative Party, Labour Party, Labour, Downing, Great, Great British Energy, European Union, Public Prosecutions, Crown, Service of, Wales –, University of Leeds, University of Oxford, NATO, EU, Conservative, Conservatives Locations: Britain, Great British, Service of England, London, Brussels, Belgium, Lancing, West Sussex

☆ The UAE is set to be the No. 1 'wealth magnet' in the world, new report shows
▼ + stars: | 2024-06-19 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

The UAE expects to see a net inflow of 6,700 millionaires from around the world by the end of 2024, according to new research. The tiny Gulf nation is expected to see an unprecedented net inflow of 6,700 millionaires from around the world by the end of 2024, according to the report released on June 18. That's according to new research by Henley Private Wealth Migration Report . The United Arab Emirates is set to be the world's leading wealth magnet for the third year in a row. The data for the report was supplied by global wealth intelligence firm New World Wealth and features insights on the inflows and outflows of millionaires and their migration patterns globally.

Persons: Dominic Volek, Hannah White Organizations: Henley Private Wealth, United, Henley & Partners, Henley, Partners, Singapore, Institute for Government, Millionaires Locations: UAE, United States, United Arab Emirates, Henley, States, America, Singapore, Canada, Australia, Italy, Switzerland, Greece, Portugal, Japan, East, India, Russia, Africa, United Kingdom, Europe, Asia, China, Kingdom, Korea, Brazil, Taiwan, Taipei, Nigeria, Vietnam

Featuring an incredible lineup of artists from various musical genres, many are wondering how to get Lollapalooza tickets this year. In addition to the Chicago festival, which is now enjoying its 33rd year, the Lollapalooza shows will now take place in India, Argentina, Chile, and Brazil. Lollapalooza 2024 festival scheduleFour main ticket options are available for Lollapalooza Chicago. How to buy tickets for Lollapalooza 2024 music festivalYou can buy original tickets for Lollapalooza 2024 directly through the festival website. Tickets for Lollapalooza Chicago 2024 are also available through verified resale ticket vendors like Vivid Seats and StubHub.

Persons: Tyler, Melanie Martinez, We've, It's, StubHub, Lizzy McAlpine, Fisher, Labrinth, Benson Boone, Kesha, Mochakk, Chappell Roan, Don Diablo, Freyr, Kasbo, Flo, Olivia Dean, Sam Barber, BigXThaPlug, Matt Hansen, Blondshell, Brandi Cyrus, Riovaz, Mette, Abby Holliday, Camden Cox, Chance Emerson, Adam Diaz, Walter, Goldie Bouilier, Reneé Rapp, Zedd, Faye Webster, Victoria Monét, Raye, Megan Moroney, Qveen, Ryan Beatty, Malcolm Todd, Lola Young, Blu Detiger, Rod, Tommy Richman, Ava Maybee, McKenna Grace, Cale Tyson, Kaliii, Fifteen0eight, Brandi Cyrus Saturday, Tate McRae, Mike, Ethel Cain, Skream, Kenny Beats, Briston Maroney, BoyWithUke, Romy, Yoasobi, Josiah, Dora Jar, Nia, Jyoty, Tanner Usrey, Armani White, Natalie Jane, Brigitte, Sam Nelson, Will Linley, Hayes Warner, Tommy Newport, Xandra Skrillex, Conan Gray, Dominic Fike, Pierce, Teddy, Vince Staples, Whyte Fang, Ben Böhmer, Grentperez, Mimi Webb, Knox, Briscoe, Jessica Audiffred, Nico Vega, Willis, Valencia Grace, Scarlet Demore, Eddie, Kyle Dion, Kaitlin Butts, Ryan Trey, Huddy, Carmen Deleon Organizations: Business, Chicago, Grant, Lollapalooza Chicago, Royce, Wolves, Chicago Philharmonic, National Parks, TV, Cannons, Nia Archives, Cinema Locations: Grant, Chicago, India, Argentina, Chile, Brazil, StubHub, D4VD, Saint Levant, Glendale, Savannah Ré, Hanabie, Nostalgix

☆ UK millionaires are fleeing Britain in their thousands
▼ + stars: | 2024-06-18 | by ( Mark Thompson | ) edition.cnn.com time to read: +4 min

The continuing exodus from the UK — 16,500 millionaires left between 2017 and 2023 — is part of a global mass migration of the rich that appears to be accelerating. The Henley Private Wealth Migration report found that 128,000 millionaires are set to relocate this year, beating last year’s record by 8,000. By contrast, the ranks of the wealthy have grown in the US, Canada, Australia, Germany and France over the same period. “The outflow of high-net-worth individuals already generated by the economic and political context is now being accelerated by policy decisions ahead of the election,” said White. Still, one very rich couple will apparently be staying, whatever the result on July 4.

Persons: Henley, ” Hannah White, —, ” Dominic Volek, Liz Truss, Keir Starmer’s, Rishi Sunak’s, Starmer, Rachel Reeves, ”, White, Akshata Murty, Sunday Times Rich, King Charles, Sunak Organizations: London CNN, Labour, Henley & Partners, Institute for Government, City of, Henley Private Wealth, European Union, Bank of England, Keir Starmer’s Labour Party, Sunday Times Locations: United Kingdom, City of London, China, Japan, Hong Kong, Canada, Australia, Germany, France, Ukraine, England

☆ Early bets on AI have helped this global tech fund outperform for a second year
▼ + stars: | 2024-06-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

An early bet on artificial intelligence thanks to a simple investment framework is helping the T. Rowe Price's Global Technology Fund (PRGTX) outperform the market for a second straight year. "Our framework led us to be early to this AI trend, [and] led us to be early to the chip intensity of this AI trend." That's due in part to its winning bets in AI names and semiconductor stocks – many of which have outperformed the S & P 500 and Nasdaq Composite . Early bets on AI Key to the $4.5 billion fund's recent success has been early positions in AI stocks and chipmaking darling Nvidia . The AI leader — added to the fund at the end of 2021 — today accounts for nearly 18% of the portfolio.

Persons: Rowe, Dominic Rizzo, Rizzo, Rowe Price lifer, —, Rizzo's, Siri, Morningstar Organizations: Global Technology Fund, Nasdaq, Nvidia, Taiwan Semiconductor Manufacturing, Devices, ASML, Apple, Microsoft, University of Chicago Booth School, Business, Worldwide Developers, Apple Intelligence, SAP

☆ Insider Today: Asia's superpower clash
▼ + stars: | 2024-06-09 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

The latest to get in on the act: Tesla, which is selling a $450 bottle of mezcal on its website. The election result was a blow to Modi, who has governed India for a decade with an increasingly firm grip. India watchers expect the country's new government to move slower on some issues following the surprise election result. NvidiaGoing up against Nvidia is generally considered a pretty bad idea for startups in Silicon Valley. But Silicon Valley often thrives when true technologists keep hacking away at something they believe in, even if everyone else thinks it's dumb.

Persons: —, Narendra Modi, SAJJAD HUSSAIN, Modi, He'll, Jamie Dimon, Dominic Bugatto, Alyssa Powell, hawking, Goldman Sachs, Goldman, HWA CHENG, Chelsea Jia Organizations: Service, Business, Bharatiya Janata Party's, Bharatiya Janata Party, titans, UN Security Council, Southern, Southern District of, Goldman, BI, HWA, Getty Images, Nvidia Locations: India, New Delhi, China, Southern District, Southern District of Texas, Salt Lake City, Nashville, Atlanta, AFP, Silicon Valley

☆ French Open: Carlos Alcaraz chasing history and first Roland Garros title in men’s singles final against Alexander Zverev
▼ + stars: | 2024-06-09 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

3 Carlos Alcaraz has not yet lost a grand slam final in his young career, defeating Casper Ruud in the 2022 US Open final and Novak Djokovic in that epic five-set Wimbledon final last year. 4 Alexander Zverev in the men’s singles French Open final on Sunday. It was at the French Open two years ago where he sustained an ankle injury that forced him to retire from his semifinal against Nadal and ended his season. Reaching this final, on the back of an Australian Open semifinal in January, confirms his comeback to the top echelons of the sport. “(Alcaraz) played a fantastic match today and fantastic tournament in general, I’m expecting a very difficult match.”How to watchThe men’s French Open final will begin at 3 p.m. (9 a.m.

Persons: Carlos Alcaraz, Casper Ruud, Novak Djokovic, Alexander Zverev, Roland Garros, Djokovic, Rafael Nadal, Jannik, Dimitar Dilkoff, ” Alcaraz, Juan Carlos Ferrero’s, “, Rafa, Ferrero, Carlos, Moyá, Albert, Costa, Zverev, Norway’s Casper Ruud, Ruud, Dominic Thiem, ”, I’m Organizations: CNN, Wimbledon, Roland, Getty, Nadal, NBC, Eurosport Locations: AFP, Juan Carlos Ferrero’s French, Berlin, Paris

☆ Pro Talks: Jim Lebenthal on why going back to the fundamentals will make you a better investor
▼ + stars: | 2024-06-07 | by ( Jeff Morganteen | Yun Li | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Jim Lebenthal on why going back to the fundamentals will make you a better investorVeteran "Halftime" guest and investor Jim Lebenthal sat down with CNBC's Dominic Chu to discuss how the former nuclear engineer and U.S. Navy officer created a science-minded approach to fundamental analysis and value investing that has led to a decades-long career on Wall Street. Lebenthal goes into detail on how he uses different fundamental analytical tools, walking Pro subscribers through how he finds price-to-earnings growth ratios of stocks like Amazon and Nvidia. He also gives examples of how to incorporate tools from technical analysis to help augment his decision-making process, and fields stock-specific questions from Pro subscribers.

Persons: Jim Lebenthal, CNBC's Dominic Chu, Lebenthal Organizations: Veteran, U.S . Navy, Nvidia

☆ Pro Talks: Jim Lebenthal on the fundamental analysis tools that will make you a better investor
▼ + stars: | 2024-06-07 | by ( Jeff Morganteen | Yun Li | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Jim Lebenthal on the fundamental analysis tools that will make you a better investorVeteran "Halftime" guest and investor Jim Lebenthal sat down with CNBC's Dominic Chu to discuss how the former nuclear engineer and U.S. Navy officer created a science-minded approach to fundamental analysis and value investing that has led to a decades-long career on Wall Street. Lebenthal goes into detail on how he uses different fundamental analytical tools, walking Pro subscribers through how he finds price-to-earnings growth ratios of stocks like Amazon and Nvidia. He also gives examples of how to incorporate tools from technical analysis to help augment his decision-making process, and fields stock-specific questions from Pro subscribers.

Persons: Jim Lebenthal, CNBC's Dominic Chu, Lebenthal Organizations: Veteran, U.S . Navy, Nvidia

☆ Jacqueline Winspear Read a History of Cocaine as Research
▼ + stars: | 2024-06-06 | by ( ) www.nytimes.com time to read: +1 min

“War” by Sebastian Junger, “End Times” by Peter Turchin and “The Unwinding,” the fabulous book by illustrator/writer Jackie Morris. No one should be surprised by a writer’s library. We all read well beyond the literary forms for which we are known. However, a friend was scanning my shelves and asked, “Why do you have that book on cocaine?” Dominic Streatfeild’s “Cocaine: An Unauthorized Biography” is a terrific book — I read it for background research. Sometimes my mother would comment, “I think that book will mean more to you when you’re older, love.”

Persons: Sebastian Junger, Peter Turchin, Jackie Morris, ” Dominic Streatfeild’s, “, ” Organizations: “

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