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The global 60/40 strategy has seen a 27% cumulative return since 2022 through Oct. 31, according to Vanguard data. Traditionally, stocks and bonds move in opposite directions, which helps lower the volatility of this traditional portfolio. But that didn't work in 2022, when stocks and bonds both suffered and the 60/40 tanked, which had many declaring the strategy dead. The 60/40 portfolio tends to be shorthand for a balanced, diversified portfolio, with specific allocations based on investors' individual needs. For instance, Morningstar's index that reflects a 60/40 portfolio is up about 15% year to date.
Persons: Todd Schlanger, it's, Dan Lefkovitz, Morningstar, Lefkovitz, doesn't, Amy Arnott, Price, Jared Woodard, Woodard, Morningstar's, Vanguard's Schlanger, Schlanger, Organizations: Vanguard, Morningstar, Commodities, Bank of America, Fund, Bloomberg U.S, U.S .
However, the post-election environment is hitting different this time around for many small business owners, such as Barrel-Art’s Michael Prieto, and leaving them wondering what comes next. For business owners who already were unsettled about the economy or its direction prior to the election, navigating the months and years ahead could be even more precarious, he added. Running leaner, hoping for cheaper moneyIn the months leading up to the election, Prieto was taking a wait-and-see approach. Michael Prieto, owner of Barrel-Art, in his shop in Newport News, VA, on November 13. Michael M. Santiago/Getty ImagesSmall business owners, by their nature, are optimistic, he said.
Persons: Michael Prieto, Donald Trump, John Arensmeyer, they’ve, ” Arensmeyer, , , Art’s Prieto, Prieto, America ”, “ It’s, he’d, We’ve, Arensmeyer, Michael M, I’ve, Clifton Broumand, Janna Rodriguez, Rodriguez, she’d, can’t, JD Opel, he’s, ” Opel, ” JD Opel, — Opel, “ I’ve, Trump, Jeff Wood’s, ” Wood, we’ve, it’s, Marc Marcuse, Marcuse Organizations: CNN, Small, Economic, Shipping, Port, Getty, Machine, Corp, Opel, Reel Management, Management’s, Republican, White Locations: America, Newport News, Newark, New Jersey, China, Maryland, Freeport , New York, Evansville , Indiana, Jeff Wood’s Coldwater, Florida , Georgia, Utah, Pennsylvania, Los Angeles, Florida
Though most abundant in the wild come fall, the flowers are cultivated by Vietnamese farmers year-round. Wild waterlilies are generally white. Each flower blooms for a few hours a day (or night) over the course of three to five days before sinking beneath the surface and dropping its seeds. In the early hours of the morning, at certain temperatures, there’s a brief window when the night bloomers are open at the same time as the day bloomers, which emit a plummy, soapy fragrance. Marc Hachadourian, the director of glasshouse horticulture at the New York Botanical Garden, says that it resembles the smell of Juicy Fruit chewing gum.
Persons: there’s, Marc Hachadourian Organizations: New, Botanical
How to prevent diabetes, according to a doctor
  + stars: | 2024-11-14 | by ( Katia Hetter | ) edition.cnn.com   time to read: +8 min
What steps can people take to prevent diabetes? Another risk factor for developing type 2 diabetes is the third form of diabetes, which is gestational diabetes. It usually goes away after the birth of the child, but having gestational diabetes increases the risk of the woman later developing type 2 diabetes as well as the risk of the child developing type 2 diabetes. miodrag ignjatovic/E+/Getty ImagesCNN: What steps can people take to prevent developing diabetes? Wen: Here’s how to prevent the most common form of diabetes, type 2 diabetes.
Persons: CNN —, , Leana Wen, Wen, don’t, miodrag ignjatovic, it’s, We’ve Organizations: CNN, Diabetes, George Washington University, US Centers for Disease Control, Pacific Islanders, CDC Locations: United States, American, Americans
I've gotta say, sadly: It's the Temu version of Temu. It's Amazon's attempt to compete with cheap e-commerce apps like Temu, Shein, and the TikTok Shop. The Haul section of Amazon's app is now in beta mode. The sweater section on Amazon's Haul section has a familiar aesthetic. But for now, to me, it just feels like a sort of crummy version of Temu.
Persons: , Ava Max, Lady Gaga, It's, Obama, Shein, China — Organizations: Amazon, Service, Apple, Business Locations: Temu, China, Utah
As an experienced chef and cooking instructor, I love this take on twice-baked potatoes. Here's my go-to recipe for twice-baked potatoes with mascarpone and chives. Alissa FitzgeraldRusset potatoes mash beautifully and retain a great shape when the insides are scooped out thanks to their thicker skin. Additionally, this recipe uses medium-sized potatoes since cutting these beauties in half isn't as visually appealing as stuffing them whole. Alissa FitzgeraldThe filling for these twice-baked potatoes has two notable tweaks from many classic recipes — there's no added milk, and it calls for mascarpone instead of sour cream.
Persons: , I've, uncle's, Alissa Fitzgerald, mascarpone, pepe Organizations: mascarpone, Service Locations: Gaziantep, Turkey
One of the surest bets when the Federal Reserve began cutting interest rates was for bond prices to rise while yields came under pressure, but that hasn't played out according to plan. This market, which has defied so many historical patterns, has kept the pressure on bond yields up due to a variety of factors, including more persistent concerns about the federal deficit. But her bigger concern remains on the bond side of the markets. She said investors will be "more wary" given the election rally and the pulling forward of expectations about tax cuts and regulation and expectations they will contribute to growth. But it is in the bond market where investors should expect even more volatility.
Persons: hasn't, Donald's Trump, Anne Walsh, Nelson Peltz Organizations: Federal Reserve, Guggenheim Partners Investment Management, CNBC's, Alpha, DA Locations: New York City
Finding ways to attract consumers to buy packaged goods stretches back to the 1920s when American psychologist Daniel Starch created the world's first market research study. Founded in Singapore in 2018, the startup provides AI-powered market research with real-time predictive analytics. Rival firms include ZoomInfo Sales, Trajaan and Brandwatch Consumer Intelligence, all of which deploy a variety of technology to comb through consumer data and marketing trends. Somsubhra Gan Choudhuri, co-founder and CEO Ai Palette, said AI can take up much of the brain power usually done by people. Along with VC investors, Ai Palette has had the backing of the Singapore government, which is committing more than three quarters of a billion Singaporean dollars ($7,500,000) to AI development to strengthen its AI ecosystem.
Persons: Daniel, Ai, Gan Choudhuri, CNBC's, Choudhuri, Kellogg, Conor Delahunty, Vishal Harnal Organizations: ZoomInfo, Brandwatch Consumer Intelligence, CNBC Tech, Diageo, Nestlé, Pepsico, Symrise, Global, Venture Locations: Singapore, Thailand, Indonesia, Malaysia, Philippines
Kraft Heinz must face Mac & Cheese lawsuit, judge rules
  + stars: | 2024-11-14 | by ( ) edition.cnn.com   time to read: +2 min
Reuters —A federal judge said Kraft Heinz must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains no artificial preservatives. Kraft Heinz and its lawyers did not immediately respond to requests for comment on Thursday. In July 2023, a Miami federal judge dismissed a lawsuit accusing Kraft Heinz of understating how long it took to prepare microwaveable Velveeta macaroni and cheese. Kraft Heinz is based in Chicago and Pittsburgh. The case is Hayes et al v. Kraft Heinz Co, U.S. District Court, Northern District of Illinois, No.
Persons: Kraft Heinz, Kraft, Mary Rowland, , Rowland, understating, Hayes Organizations: Reuters, District, Kraft Mac, . Food, Drug Administration, Kraft, Berkshire Hathaway, Kraft Heinz Co, Court, Northern District of Locations: Illinois, California, New York, Chicago, Miami, Pittsburgh, Northern District, Northern District of Illinois
Paul Mescal said gaining and shedding weight for two of his upcoming movies was "miserable." Mescal told Variety he gained 22 pounds for "Gladiator II" and then lost 26 for "The History of Sound." AdvertisementPaul Mescal said he had a "fucking miserable" experience losing 26 pounds in two months after gaining 22 pounds for "Gladiator II." Mescal told Variety for a cover story published Wednesday that he spent six months trying to gain 22 pounds before shooting "Gladiator II." Kieran Frost/Getty ImagesMescal said that after shooting "Gladiator II," he had to lose weight for "The History of Sound."
Persons: Paul Mescal, Mescal, Variety, , Lucius, Ridley Scott, Jenna Ortega, Timothée Chalamet, Kieran Frost, Kumail Nanjiani, Zac Efron Organizations: Service, Men's Health Locations: Dublin, New England
Former Vice President Mike Pence was, for most of their four years together, a loyal partner who helped smooth Trump’s dealings with establishment Republicans and evangelical conservatives. “It compresses things,” said Joel Goldstein, a vice presidential scholar and professor emeritus at Saint Louis University. At one point, polling showed him to be one of the least-liked vice presidential candidates over the last 30 years. And during his own presidency, Biden tasked Vice President Kamala Harris with the tough-to-define and tough-to-evaluate assignment of tackling the root causes of migration from Mexico and Central America. He also was the last sitting vice president to win the presidency.
Persons: JD Vance, — “, Vance, , Donald Trump, Trump, , Jordan Wiggins, “ He’s, Al Gore, Bill Clinton’s, Joe Biden, Barack Obama, Obama, Grover, Mike Pence, Pence, Trump —, Joel Goldstein, Tim Walz, JD, ” Wiggins, ” Vance, isn’t, “ JD, ” Vance hasn’t, Gore, George W, Bush, Dick Cheney, Biden, Kamala Harris, Harris, I’d, George H.W, George H.W . Bush, Ronald Reagan, Reagan Organizations: Republican Party, Trump, Jan, U.S . Capitol, Saint Louis University, Senate, Democratic, Minnesota Gov, NBC, Press, GOP, The New York Times, Central America, NBC News, Republican National Convention Locations: Ohio, Cincinnati, Grover Cleveland, Iowa, New Hampshire, Minnesota, Clinton, Mexico, Central, George H.W .
Americans’ debt is growing — but so are incomes
  + stars: | 2024-11-13 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +2 min
CNN —Americans are continuing to pile on debt at record levels — but for many households, those IOUs are completely manageable, according to new data released Wednesday. Balances grew across all major debt categories, with credit cards and auto loans continuing to see the biggest gains. However, by and large, most households have been able to handle that rising debt: Their after-tax income has grown even more, according to the New York Fed. Disposable personal income hit $21.8 trillion in the third quarter, bringing the total debt balance to income ratio to 82%. And, for 18 months running, that pay growth has outpaced inflation, according to Bureau of Labor Statistics data released Wednesday.
Persons: Delinquencies, , ” “, ” Donghoon Lee, Organizations: CNN, Federal Reserve Bank of New, New York Fed, of Labor Statistics
The healthcare startup Forward bet the future of its business on a spaceshiplike mall kiosk in Roseville, California. AdvertisementEleven former Forward employees spoke with BI before the closure on the condition of anonymity to avoid retribution from the company. Two former employees told BI that, at that time, the startup was set to run out of money in less than a year. Lea Suzuki/The San Francisco Chronicle via Getty ImagesThe CarePods came with many financial and logistical challenges, former employees told BI. Most former employees BI spoke with said they still believed in Forward's mission.
Persons: , Elon, Adrian Aoun, Axios, Forward's, fundraise, Forward, Rob Price, Larry Page's, Aoun, Rebecca Torrence, iPads, hadn't, he'd, Lea Suzuki, CarePod, CarePods Organizations: Google, Business, Forward, Apple, San Francisco, Getty, BI Locations: Roseville , California, Roseville, Chicago, New York City, Forward's San Francisco, Forward's Washington, DC, Washington ,, San Francisco, Washington, Dallas, Bellevue , Washington, Sacramento, Chandler , Arizona, Chicago's Willis, Galleria, there's
Amazon is phasing out its free-to-watch streaming service Freevee as insiders speculate about potential layoffs in the tech giant's entertainment arm. The phaseout comes as three Amazon insiders told BI they believe MGM Studios could soon be hit by layoffs as the company looks to cut costs. Amazon already cut hundreds of jobs across Prime Video and MGM Studios teams earlier this year. It stopped greenlighting new Freevee originals and had been moving some Freevee employees to other parts of MGM Studios. It also competed for resources with Prime Video and created brand confusion with some viewers.
Persons: Freevee, Bosch, Judy Justice, Lauren Anderson, James Marsden Organizations: Amazon MGM Studios, FAST, MGM Studios, Amazon, Video, Fox, Prime
“Absolutely everyone is calling,” Collinson told CNBC. “Firms are prepared,” SUNY Buffalo finance professor Veljko Fotak, one of the authors of the 2021 study, told CNBC. “The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail. On Thursday, Steve Madden pledged to reduce its Chinese imports by 45% over the next year in anticipation of Trump’s tariff plans. There’s got to be some way to help companies like that,” Sorini of Sorini, Samet & Associates told CNBC.
Persons: Donald Trump, Nicole Bivens Collinson’s, Collinson, Sandler, Travis, Rosenberg, ” Collinson, Trump, ” David French, , ” Ron Sorini, ” Sorini, Veljko Fotak, ” Tiffany Smith, Karoline Leavitt, ” Leavitt, Steve Madden, There’s, Organizations: CNBC, Wall Street, National Retail Federation, Samet, Associates, Republican Party, White, SUNY Buffalo, National Foreign Trade Council, Trump Locations: China, America
Some of the biggest stars in Latin music will gather Thursday for the 25th anniversary of the Grammys in Miami — a hub of Latin American culture and the headquarters of the Latin Recording Academy. There are some new additions to this year’s Latin Grammys, too: best Latin electronic music performance and best contemporary Mexican music album will be featured as categories for the first time ever. “As we approach the 25th edition of the Latin GRAMMYs, our Awards Process is more robust than ever, with our membership evaluating over 23,000 entries this year,” Latin Recording Academy CEO Manuel Abud said. “The Latin GRAMMYs have grown in an amazing way to become a fundamental platform for music and culture. The Latin Grammys will take place at Miami's Kaseya Center at 8 p.m.
Persons: Édgar Barrera —, Karol G, Bunny, Kali Uchis, Juan Luis Guerra, Kany, Carin Leon, Camilo, Carín, Una Vida Pasada, Manuel Abud Organizations: Latin Recording, Recording, Univision Locations: Miami —, Seville, Spain, Feid
Saturday Night Live” cast member Chloe Fineman appeared to solve a mystery Monday about which recent “SNL” host made someone cry: She said that the host was tech billionaire Elon Musk and that she was the one in tears. In August, fellow cast member Bowen Yang said on a podcast that a male “SNL” host made multiple cast members cry because the host hated their ideas for sketches. “I’m gonna come out and say, at long last, that I’m the cast member that he made cry and he’s the host that made someone cry,” she said in the video. Musk didn’t immediately respond to a request for comment late Monday about Fineman’s video. Fineman didn’t say which sketch it was, but she said it made it onto the show and turned out well.
Persons: Chloe Fineman, Elon Musk, Bowen Yang, Yang didn’t, John Nacion, Fineman, I’m, , Wario, ” Fineman, , Musk wasn’t, Musk, Donald Trump, Kamala Harris, Dana Carvey’s, ” Musk, “ You’re Organizations: SNL, Getty, SpaceX, NBC, “ SNL Locations: New York City
As a professional bra fitter, I've seen people make mistakes when buying the garment. AdvertisementAs a professional bra fitter for over a decade, I know many people struggle to find a perfect-fitting bra. Fortunately, my job is to guide clients as they discover which bras work best for their lifestyles. Thinking bras have to be uncomfortableDuring fittings, I always ask clients what they're looking for, and almost every person says, "A bra that's comfortable." Believing cute bras don't exist for bigger breastsI found a bra that's the perfect size for me, the Fetzyz from Ewa Michalak in brown.
Persons: I've, , who's, It's, Denise, Ewa Michalak, Sam Organizations: Service, Brands Locations: Ewa
CNN —Timothée Chalamet has shared a story that makes clear women in Hollywood aren’t the only ones being judged for their physical appearances. The “Dune” star talked to Apple Music’s Zane Lowe about his experience early in his career. “If I auditioned for ‘The Maze Runner’ or ‘Divergent,’ things of that variety that were popping when I was coming up, the feedback was always, ‘Oh, you don’t have the right body,’” Chalamet said. “Those were smaller budget, but very — I don’t know how else to put it — personable movies that started in this theater space,” he said. “This is where I found my rhythm, my confidence, my flow, whatever you want to call it.”“A Complete Unknown” hits theaters on Christmas Day.
Persons: Timothée Chalamet, Apple Music’s Zane Lowe, ” Chalamet, , , Bob Dylan, , Chalamet, Dylan, “ Wonka Organizations: CNN, Hollywood Locations: Minnesota, Bob
My bank has lowered the APY on my high-yield savings account by almost half a percent recently. AdvertisementIt's never pleasant to receive an email from your bank informing you that the interest rate on your high-yield savings account is decreasing. From August until the end of October, the annual percentage yield (APY) on my high-yield savings account has fallen from 4.6% to 4.2%. After paying off my bills every month, I would put the remainder of my paycheck into my high-yield savings account and watch the number creep up. Is there anything I can do about the state of my savings account, or do I have to watch my yield erode away slowly?
Persons: I'm, , I've, Jerome Powell, Patti Black, it's, Jerome Powell's, Black, Daniel Milan, Milan, that's, Richard McHorter, There's, McHorter, Trump's, What's, Zer, Christine, cji Organizations: Service, Federal Reserve, Savant Wealth, Cornerstone Financial Services, SRM Private Wealth, Treasury Locations: Milan, California, New York City
Economists say his tariff proposals could spike inflation as companies tend to pass costs on to consumers. Some companies have already said Trump's proposals would force them to increase prices. AdvertisementSome executives have warned that price hikes are on the way if President-elect Donald Trump's tariff plans go into effect. Executives have told analysts on earnings calls that it would be difficult to maintain current prices under Trump's broad tariffs. AdvertisementBelow are the companies that are warning of price increases if Trump's tariff proposals are implemented.
Persons: Donald Trump, , Donald Trump's, Trump, Tarang Amin, Amin, AutoZone Philip Daniele, Daniele, Tim Boyle, Boyle, Stanley Black, Decker Donald Allan, Decker, Allan, Steve Madden, Edward Rosenfeld Organizations: Service, Federal Reserve, Columbia, Washington Post, Trump Locations: China, Columbia, Mexico
London CNN —Britain, birthplace of rail transport, will get its first ever luxury sleeper train touring England and Wales next summer. The 18 cabins, including three grand suites and 15 suites, will be of an exquisite opulence not before seen on Britain’s rails. The unique charm of train travel compared to other luxury transport options, however, is the sociability. The Cornwall itinerary, in England’s southwest tip, takes in the rugged coastline of Penzance and the charming villages surrounding Lostwithiel. The Lake District, regarded by many as England’s finest natural wonder, is filled with dramatic peaks and serene bodies of water.
Persons: Ottavia, Palomba, lounging, Simon Rogan, , Rogan, Richard Trevithick Organizations: CNN, London CNN, Wales, Albion Nord, Rail Locations: London, Britain, England, Cornwall, Lake District, Wales, Belmond, British, Victorian, Britain’s, South Wales, England’s, Penzance, Lake, Snowdonia, Pembrokeshire
Although primarily interested in the homes' hurricane-resistant properties, Tener said he was also drawn to their panoramic views. A Deltec house on the hurricane-prone Tampa Bay in St Petersburg, Florida. But Linton believes only one of the approximately 3,000 Deltec homes built after the mid-1990s has ever suffered structural damage — during Hurricane Irma in 2017. Deltec says it also sells homes in areas not known for hurricanes, like this one on Lake Superior in Michigan. Courtesy Deltec“That 99.9% survival rate… looks at what we think of as the modern era, when we began focusing on designing these homes for hurricanes.
Persons: Gene Tener, Tener, Debby, Helene, , ” Tener, Tammy, Gene Tener's, Jeff Hall, Michael, Steve Linton, ” Linton, Jeff Hall “, , Linton, ” Deltec’s, Deltec, , Harvey, Hurricane Dorian, Hurricane Irma, Hurricane Hugo, Andrew Organizations: CNN, Washington Post Locations: , Florida, Crystal River , Florida, Crystal, Asheville , North Carolina, Tampa, St Petersburg , Florida, East Coasts, Florida , Louisiana , Texas, Mississippi, Rockport , Texas, prefabs, Bahamas, Florida, Hurricane, Superior, Michigan
Pitchfork announced that its annual Chicago music festival would not return in 2025. In an announcement on social media and on its website, the music publication said it made the decision after assessing the rapidly evolving "music festival landscape." “For 19 years, Pitchfork Music Festival has been a celebration of music, art, and community—a space where memories were made, voices were amplified, and the shared love of music brought us all together." Pitchfork Music Festival was founded in 2006 by the publication's founder Ryan Schreiber, ex-Pitchfork staffer Chris Kaskie and festival producer Mike Reed. It is unclear if the music festival will move forward in the other cities, but Pitchfork said in its statement that it "will continue to produce events in 2025 and beyond."
Persons: Pitchfork, Condé Nast, men’s, Ryan Schreiber, Chris Kaskie, Mike Reed, Alanis Morissette, Jamie xx, Carly Rae Jepsen Organizations: Pitchfork, Variety, Black Pumas, Pluto Locations: Chicago, Union Park, Paris, London, Mexico City
SKIP AHEAD Best eco-friendly laundry detergents | How to shop for eco-friendly laundry detergent | Why trust NBC Select? How I picked the best eco-friendly laundry detergentsTo highlight the best eco-friendly laundry detergents, I spoke with cleaning and laundry experts. The best eco-friendly laundry detergentsWith expert guidance in mind, this list includes eco-friendly laundry detergents that meet the EPA’s Safer Choice Standard, earned the EWG Verified mark or both. How to shop for eco-friendly laundry detergentShopping for eco-friendly laundry detergent involves many of the same considerations you’ll want to make when purchasing any type of laundry detergent. Though any ecolabel is a good option, experts primarily recommend looking for the following two when shopping for eco-friendly laundry detergent.
Persons: They’re, Sarah Paiji Yoo, Paiji Yoo, Marilee Nelson, Nelson, Carlyanne Brown, Brown, , ecolabels, ecolabel, , ” It’s, Malin, Cory Fernandez Organizations: NBC, U.S . Environmental Protection Agency, EPA, Dirty, Environmental, Grove, PVA, Facebook, Twitter
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