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Google Pixel 9 Pro Fold The Pixel 9 Pro Fold's 6.3-inch exterior display is the same shape and size as the Pixel 9 Pro, making it familiar and comfortable to use as a simple phone. I go into more detail about Google's Tensor G4 processor in my Pixel 9 Pro and Pixel 9 Pro XL review. Antonio Villas-Boas/Business InsiderThe Pixel 9 Pro Fold obtained a 55% result in our updated foldable phone battery test. The Pixel 9 Pro Fold takes excellent photos, which is typical for any Google Pixel phone. The Google Pixel 9 Pro Fold should be the first foldable phone in your shortlist.
Persons: 10.5MP, Antonio Villas, it's, It's, Max, ultrawide, Reimagine, Gemini Organizations: Business, Google, Amazon, Verizon, Boas, Samsung, YouTube, Gemini, Gmail
ADThe current state of the housing market has made it challenging for first-time homebuyers, but a few cities around the US have easier markets than others. With sticky listing prices and mortgage rates predicted to remain unchanged in 2025, first-time homebuyers face additional challenges. A newly released report from Realtor.com ranked the best markets for first-time homebuyers in 2025. Three Florida cities made the list and two cities in New York did as well, but no cities on the west coast made the list. Here are the top 10 cities for first-time homebuyers, according to Realtor.com.
Persons: Joel Berner, Berner Organizations: Realtor.com Locations: Three Florida, New York, Baltimore
As devastated Angelenos search for answers to the raging fires that have leveled entire neighborhoods, one oft-repeated explanation has been the slashing of the fire department’s budget. Even Patrick Soon-Shiong, the owner of The Los Angeles Times, took to X to blast Mayor Karen Bass for the cuts. That included eliminating 73 vacant civilian positions and reducing money available to pay firefighters’ overtime by $7.9 million. Image Mayor Karen Bass of Los Angeles, left, looks on as Chief Kristin M. Crowley of the Los Angeles Fire Department addresses the news media at Harbor–UCLA Medical Center in Los Angeles last year. Freddy Escobar, the president of the local firefighters’ union, has worked fighting fires in Los Angeles for 35 years.
Persons: Patrick, Karen Bass, , , Bass, Bob Blumenfield, Kristin M, Crowley, Richard Vogel, ” —, we’ve, Freddy Escobar Organizations: Los Angeles Times, Los Angeles City, Los Angeles Fire Department, Harbor, Medical Center Locations: LA, Los Angeles
Here's why millennials and Gen Zers made the right call by not buying, and what will change in 2025. Related Video Millions of homes could flood the US housing market thanks to boomersMillions of millennials and Gen Zers hoping to buy homes and were shut out last year weren't alone. And in some markets, prices could keep falling. While Berner said this isn't a buyer's market quite yet, improved inventory could send it that way. Some of the hottest markets in recent years ranked well in previous renditions of this report, Berner said.
Persons: homebuyers, Gen Zers, Young, Realtor.com, Joel Berner, Danielle Hale, Berner, Hale Organizations: National Association of Realtors Locations: East Coast, Florida, Western New York, Mississippi, North, Rock , Arkansas, Sun, North Carolina , Tennessee, Kentucky, Cities, California
Start 2025 with solid yields on cash at these banks
  + stars: | 2025-01-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com   time to read: +2 min
The path for interest rate cuts in 2025 is becoming cloudy, but a silver lining has emerged for savers: They can continue earning attractive yields on cash deposits. The Federal Reserve's December meeting minutes showed that policymakers are fretting over inflation and indicated they will move slowly on rate cuts. Today, a new one-year CD at that bank will come with an APY of 4.1%. "We have heard from some online banks that they intentionally preempted Fed rate cuts, implying that the December Fed cut may not drive significantly more bank deposit rate cuts until the Fed moves further," wrote BTIG analyst Vincent Caintic in a report last week. Here's where savers can still snag attractive yields on cash they're socking away for an emergency or for a short-term goal.
Persons: Vincent Caintic, Marcus, Goldman Sachs, That's, Sallie Mae, APY Organizations: Savings, Bread Financial, Fed, Federal Deposit Insurance Corp
The 123-year-old department store chain anchors the new company — a joint venture with Sparc Group, which also owns Lucky Brand, Eddie Bauer, Nautica and Aeropostale. Catalyst represents a new chapter for JCPenney, the historic chain that filed for bankruptcy in the height of the pandemic in 2020. It was later bought by mall-owner Simon Property Group and real estate developer Brookfield in a $1.75 billion deal. Malls have been facing significant problems from store closings and reduced foot traffic since before the pandemic. JCPenney CEO Marc Rosen is leading the new company, which will be headquartered at the department store’s offices in Plano, Texas.
Persons: Brooks, Lucky Brand, Eddie Bauer, Nautica, Simon, Neil Saunders, Brookfield, Marc Rosen, ” Rosen, , ” Saunders, ” Catalyst Organizations: New, New York CNN, JCPenney, Brooks Brothers, Sparc Group, Catalyst Brands, Catalyst, Simon Property Group, GlobalData, CNN, , Reebok Locations: New York, Brookfield, Plano , Texas
Business Insider spoke to sneakerheads about which pairs to invest in versus styles you can skip. Whether you're buying your second or 20th pair of sneakers, it's important to know what you're spending your money on. ADMichael Portone, the founder of Chicago-based shoe business Endless Supply, says sneakers are like stocks. Asics is acing the sneaker industryYou can't go wrong with a pair of Asics Gel-Kayano sneakers. The brand gave its skateboarding clientele — who had been chopping off the top of the brand's Jordan sneakers — exactly what they wanted.
Persons: Nike Dunks, Michael Portone, , Asics, Shutterstock Portone, Roberto Ansani, it's, Ansani, Kevin Woods, Woods, Christophe Decaix, Jordan, Portone Organizations: Nike, Chicago, Reebok, Reebok's, Supreme Air Force, Nike Air Force, Prada Locations: Chicago
CNN —An alleged leader from Japan’s Yakuza crime syndicates has pleaded guilty to trafficking nuclear materials from Myanmar as part of a global web of trades in drugs, weapons and laundered cash, according to the US Department of Justice. The 60-year-old Japanese national on Wednesday pleaded guilty in a New York court to conspiring with a network of associates to traffic the nuclear materials out of Myanmar, it said. He also admitted to international narcotics trafficking and weapons charges. A year later, US authorities arrested Ebisawa on charges of plotting to distribute drugs in the United States and purchase American-made surface-to-air missiles. The country is awash with natural resources such as rare-earth metals and other materials vital for civilian and military technology, including uranium.
Persons: CNN —, Takeshi Ebisawa, Ebisawa, , Edward Y, Kim, Ebisawa “, , Anne Milgram, , Matthew G, Olsen, CNN’s Holmes Lybrand Organizations: CNN, US Department of Justice, US Drug Enforcement Administration, Wednesday, Southern, of, , Department, Justice, , Yakuza, Department of Justice’s National Security Locations: Myanmar, Iranian, New York, Burma, Ebisawa, United States, of New York, Tokyo, Japan, Thailand, Sri Lanka
ADThe rise of agents offers a fertile ground for a select group of startups to establish themselves as the front-runners of this shift. The result is a list of 20 startups that seem positioned to scale this year on the back of new funding. Agents can break down complex tasks into smaller sub-tasks, make decisions, execute plans, and adjust their approach based on outcomes. PitchBook data shows startups exploring the application of agents have alone raised $8.2 billion in 2024. Here's a list of agentic startups who have raised rounds of more than $25 million and less than $75 million in 2024, ranked from the least amount raised to the most amount raised.
Persons: Sam Altman, Praveen Akkiraju, Jasper, Jill Chase, Aaron Jacobson, Seema Amble, Andreessen Horowitz Organizations: Insight Partners, Google, Microsoft, NEA Locations: Databricks
OpenAI CEO Sam Altman and Meta both announced $1 million donations to the inaugural fund late last year, and Amazon and Apple CEO Tim Cook have also reportedly contributed. "Google is pleased to support the 2025 inauguration, with a livestream on YouTube and a direct link on our homepage. Trump has had a rocky relationship with major tech companies over the years and has not shied away from criticism of the sector following the election. He signaled late last year that he wouldn't rule out antitrust enforcement, which is a particularly sore spot for Google. Tech CEOs have made substantial moves to publicly show their support for Trump and repair their relationship with the incoming president.
Persons: Sam Altman, Tim Cook, We're, Karan Bhatia, Google's, Trump, Sergey Brin, Sundar Pichai, Pichai, Elon, Mark Zuckerberg, Kevin Breuninger Organizations: Google, YouTube, Meta, Apple, CNBC, Tech, Little Tech, Social, Former, Trump, Elon Musk's Locations: U.S, Little
Its spy satellites have detected a rapid, large-scale buildup of Chinese naval and amphibious forces across the Taiwan Strait. The Chinese government’s intentions are unclear, but military leaders in Washington hope that a show of American force will maintain deterrence. Chinese invasion preparations would almost certainly be visible to the American military, and there would be an urgent need to try to prevent war. On TikTok, it’s as if a switch was flipped. All at once the feeds of almost 200 million Americans are full of urgent messages.
Persons: it’s Organizations: Pentagon, Pacific Locations: Taiwan Strait, Washington, Hawaii, San Diego
Wedbush has a $220 price target on the stock and a buy-equivalent outperform rating. The firm has a buy rating on the stock and a price target of $250. Morgan Stanley has an overweight rating on Apple stock with a price target of $273. The firm also raised its price target on Meta stock to $750 from $660 while maintaining its outperform rating. The bank has a buy rating on Wells Fargo with a price target of $84 per share.
Persons: Donald Trump, Jim Cramer's, Anat, Wedbush, JD Vance, Roth, Morgan Stanley, Donald Trump's, Mizuho, Coterra, Walt Disney, Bob Iger, Mark Zuckerberg's, Instagram, Piper Sandler, Piper, Copilot, hyperscalers, Blackwell, BTIG, Brian Niccol, Wells, it's, Jim Cramer, Jim Organizations: Federal Reserve, Street, Jim Cramer's Charitable Trust, Club, Google, Amazon, Web Services, Analysts, Microsoft, Apple, Apple Intelligence, Broadcom, Bank of America, Disney, Meta, JMP Securities, Management, Reality, Reality Labs, Big Tech, Nvidia, Blackwell, CIO, Starbucks, Wells, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: China, Northern Delaware, Windham, Mizuho, Wells Fargo
Last night, Atlanta hosted Salt Lake in the first-ever pro match for League One Volleyball, a new U.S.-based professional women's league. "It doesn't have to be a huge audience, it just has to grow a little bit week over week," Barry said. CNBC Sport highlight reel The best of CNBC Sport from the past week: Earlier this week, I interviewed Eli Manning about his business aspirations after football. Last night, Atlanta hosted Salt Lake in the first-ever pro match for League One Volleyball, a new U.S.-based professional women's league. "It doesn't have to be a huge audience, it just has to grow a little bit week over week," Barry said.
Persons: Alex Sherman, Tiger Woods, Rory McILory, Mike McCarley, Ludvig Aberg, Justin Thomas, Xander Schauffele, haven't, That's, Woods, McIlroy, TGL, Brittney, Breanna Stewart, Angel Reese, Cameron Brink, Caitlin Clark, Katlyn Gao, it's, Gao, Craig Barry, Max, Barry, Sports Jay, Eli Manning, he's, Jess Golden, Jess, James Franklin, LIV Golf, Norby Williamson, Diamond, Derek Chang, Greg Maffei, He's, Wyndham Clark, Mike Ehrmann Organizations: CNBC, TMRW Sports, League, women's, ESPN, WNBA, U.S, Olympic, League One's, NBA, TNT Sports, Warner Bros . Discovery, TNT, Channel, Amazon Prime, Sports, UFC, MLB, Canadian, Netflix, CNBC Sport, New York Giants, Puma, Sun, NHL, Miami Marlins, Notre, Penn, Football, PGA, FedEx, NFL, Bally Sports, Diamond Sports, Sports Network, Liberty Media, Formula, EverPass Media, RedBird, The, Golf Club, New York Golf, Center Locations: Palm Beach Gardens , Florida, Atlanta, Salt, U.S, LOVB, New York, Florida
Jerome Powell, chairman of the U.S. Federal Reserve, at a news conference after a Federal Open Market Committee meeting in Washington, D.C., on Dec. 18, 2024. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. That poses a conundrum for Asia's central banks: A weaker currency would boost exports but might increase imported inflation, complicating the ability of banks to steer domestic economic policy. China's persistently low consumer inflation indicates that China is struggling with weak domestic demand, stoking fears of deflation.
Persons: Jerome Powell, Donald Trump's, Australia's, Bernstein, Nvidia's Grace Blackwell Superchip Organizations: U.S . Federal, Washington , D.C, CNBC, Federal, Treasury, Korean, U.S, Trump, National Bureau, Statistics, Microsoft, Wednesday, Business, CES, Nvidia Locations: Washington ,, Asia, Pacific, Asian, China
China has expanded its trade-in program to boost consumer spending on home appliances. ADOn Wednesday, China added home appliances, including microwave ovens, water purifiers, dishwashers, and rice cookers, in a trade-in program designed to spur demand. ADThe Chinese government, which had allocated 81 billion yuan, or $11 billion, for the trade-in program, said on Wednesday that the program had yielded positive results. Official inflation data released on Thursday gave little cheer, with China's consumer price index last year inching up just 0.2% from a year ago. Analysts generally expect China's inflation data to pick up this month thanks to seasonal factors as Chinese New Year, which starts on January 29.
Persons: Li Gang, Lynn Song Organizations: CPI, Greater China, ING, Nomura Locations: China, Beijing, Greater
Cherie Rohn, 79, took up fencing at 75. Cherie Rohn, 79, has a very structured week when it comes to workouts. For Rohn, fencing gives her "immense physical strength" and the ability to "meet the challenges of the day." This is because the healthiest way to eat, like exercise, is one you can maintain in the long term. ADMaking resting part of your workout routineShe also takes multiple rest days a week to help her body recover.
Persons: Cherie Rohn, Rohn, Nathan K, Don't, I'm, Danielle Gray Organizations: Physiology, Duke Kunshan University Locations: Fort Myers , Florida, Papua New Guinea, China
Behrouz Esbati, an Iranian general, partially blamed Russia for the fall of Bashar Assad in Syria. In a speech in Tehran, Esbati accused Russia of bombing an empty desert instead of hitting Syrian rebels. A top Iranian general has accused Russia of lying to Tehran by saying its jets were attacking Syrian rebels while they were instead bombing the open desert. The general also largely blamed internal corruption for Assad's fall, saying that bribery was rife among Syria's top-ranking officials and generals. Assad's fall, which neither Moscow nor Tehran stepped up to prevent, has brought deep implications for Russia's forces in the region.
Persons: Behrouz Esbati, Bashar Assad, Esbati, Bashar Assad's, Abdullah Abdi, Assad, Hayat Tahrir, Sham, Esbati's, Vladimir Putin, Kamel Saqr, Putin, Saqr Organizations: The New York Times, Iranian Revolutionary Guard Corps, Russian Defense Ministry, Business, Al Locations: Iranian, Russia, Syria, Tehran, Syrian, Brig, Gen, Moscow, Geneva, Iran, Hayat Tahrir, Israel, Tel, Damascus, Hayat, Ukraine, Saudi, Al Arabiya, Africa, Libya
A New York State appeals court on Thursday rejected a request by Rupert Murdoch’s Fox Corporation to dismiss part of a $2.7 billion defamation lawsuit stemming from the broadcasting of misinformation around the 2020 presidential election. The lawsuit, filed by Smartmatic, a voting technology company, is on track to proceed to trial in state court in Manhattan, although the parties could settle the case out of court. Smartmatic sued Fox in February 2021, accusing the media conglomerate of defaming it by mentioning its name among false claims of vote-rigging in the 2020 election that were repeatedly aired on Fox News. Fox News agreed in 2023 to pay $787.5 million to settle a similar lawsuit by Dominion Voting Systems, a different voting technology company.
Persons: Rupert Murdoch’s, Smartmatic Organizations: Rupert Murdoch’s Fox Corporation, Fox, Fox News, Dominion Voting Systems Locations: York State, Manhattan
While the chart of gold appears to be setting up for an upside breakout, the real money could be in playing gold stocks instead. We can see a clear performance gap between the two series, confirming that gold stocks have been dramatically underperforming gold over the last three months. Perhaps a "catch up" trade is in the cards, where gold stocks close the gap with stronger gold prices? Gold stocks to watch If gold stocks do follow through and rotate into a new bullish phase, identifying the strongest stocks in the group could help us identify new leadership for the uptrend. The relative strength lines at the bottom confirm that while KGC is improving relative to the S & P 500, it has handily outperformed other gold stocks.
Persons: GLD, GDX, David Keller Organizations: Nasdaq, RSI, Gold Miners, Kinross Gold Corp, CMT, CNBC, NBC UNIVERSAL
Dubai skyscrapers to be linked by daring rooftop pool
  + stars: | 2025-01-09 | by ( Oscar Holland | ) edition.cnn.com   time to read: +3 min
CNN —Two new 591-foot-tall skyscrapers, linked across the top by a daring “sky pool,” are set to rise above Dubai’s Marasi Marina. Designed by British architect Norman Foster's firm, Foster + Partners, the project will soar above Dubai's Marasi Marina. And residents need not worry about missing out on the “sky pool”: All the apartments contain their own private swimming terraces (and access to another 82-foot indoor lap pool). The design was “inspired by cascading water,” according to Foster + Partners, the architecture firm behind the project. It is not the first time a swimming pool has been suspended between buildings: London’s see-through Sky Pool, built across the 10th stories of two residential towers, opened in the British capital’s Nine Elms neighborhood in 2021.
Persons: Norman Foster's, Marina, Gerard Evenden, Partners Foster, , Norman Foster, Abu Dhabi’s Organizations: CNN, Regent Residences Dubai, Foster, Partners, Foster + Partners, IHG Hotels, Resorts, United Arab Emirates, Zayed, Museum Locations: Burj Khalifa, Business Bay, Dubai, Sharjah, Elms
The longest-burning of the now five active fires in Los Angeles County, the Palisades Fire, has burned over 15,000 acres, official said. Chief of Los Angeles Fire Department Kristin Crowley said that fire was under control as of Wednesday evening. Tourist landmarks close as smoke chokes LAThe Los Angeles area is a huge tourist draw, attracting nearly 50 million visitors a year. The fires forced some Los Angeles-area landmarks to close, including the Hollywood sign, the Los Angeles Zoo, Universal Studios Hollywood and Universal CityWalk, and the Griffith Observatory. ADEven miles from the fires in South Los Angeles, smoke reduced visibility to just one block, officials said.
Persons: , Angeles Mayor Bass, Alberto Carvalho, Anthony Marrone, Hurst, Kristin Crowley, Chad Augustin, Augustin, Etienne Laurent, Gavin Newsom, Newsom, Kristin M, Crowley, Apu Gomes, David Ortiz, TIffany Rose, Airbnb, Robert Luna, Etienne Laurent Jonathan Vigliotti Organizations: Hollywood, Emergency, LA, Angeles Mayor, LA Unified School, Palisades, Fire, Woodley, Los Angeles Fire, Pasadena Fire, AP, Wednesday, CalFire, California Gov, FEMA, Franklin, Los Angeles City Fire, National Weather Service, CNN, KTLA, Los Angeles Zoo, Universal Studios Hollywood, Universal, Griffith Observatory, National Hockey League, Los Angeles Kings, Calgary Flames, Pacific Palisades, CBS News Locations: Los Angeles, Angeles, Los Angeles County, Pasadena, Altadena, San Fernando, Sepulveda, California, Angeles County, South Los Angeles
Washington CNN —A New York appeals court ruled Thursday that Fox Corporation must face Smartmatic’s mammoth defamation lawsuit over the airing of 2020 election lies on Fox News, dealing a blow to the Rupert Murdoch-controlled media giant. Smartmatic, the voting technology company that Fox News guests and hosts falsely accused of rigging the 2020 election, sued both Fox News and its parent company, Fox Corp in 2021. A Fox Corp. spokesperson did not immediately respond to a CNN request for comment. Both Fox News and Fox Corp. have mounted multiple unsuccessful efforts to dismiss the massive defamation lawsuit, which was filed in New York state court. “Fox Corporation attempted, and failed, to have this case dismissed, and it must now answer for its actions at trial.”The decision comes after Fox Corp. was dealt another consequential legal setback.
Persons: Rupert Murdoch, Smartmatic, Lachlan Murdoch, Joe Biden, Donald Trump, Fox Corporation’s, Erik Connolly, ” Connolly, Murdoch Organizations: Washington CNN, Fox Corporation, Fox News, Fox Corp, Fox, CNN, Dominion Voting Systems, Dominion, New York, Smartmatic, “ Fox Corporation, Locations: York, New York, Delaware, Oregon
Fears of lofty valuation multiples alongside trimmed earnings expectations have led to a steady decline for the Nifty 50 . By my count, the Nifty 50 turned negative by the fifth trading day of the year in seven of the past 10 years. Many also believe that Indian equities, after their long slide, are now ripe for picking. Investor interest in India waned at the end of 2024 because of a pullback in Indian equities during that period. The dip in the market is a buying opportunity, he says, and names three Indian stocks to buy for 2025.
Persons: Bilal Kuchay, India hasn't, Herald van der Linde, Morgan Stanley, Ridham Desai, Garre, Bernstein, Surendra Goyal, Nifty, Donald Trump's, Kunal Desai, Desai, Eleswarapu, Pulkit, Goldman Sachs Organizations: Getty, Nurphoto, HSBC, Asia, Herald, Citi, National Statistical Office, Reserve Bank of, HDFC Bank, Indian Commerce Ministry, CNBC, TV18, Trump, BNP Locations: Samastipur, Bihar, India, China, Pulkit Patn
Mayor Karen Bass of Los Angeles sought to deflect criticism of the city’s response to a series of uncontrolled wildfires during a news conference on Thursday in which she faced pointed questions about the city’s preparedness — and her own — ahead of what has become one of the biggest natural disasters in the state’s history. Ms. Bass dismissed a question about her leadership, saying that she was currently focused only on saving lives, and said any evaluation of mistakes or failures by “any body, department, individual” would come later. Ms. Bass was not in the city at the time; she had traveled to Ghana for the inauguration of that country’s new president and did not return to Los Angeles until Wednesday afternoon. The first question she faced on Thursday morning noted her absence, even as the city was issuing a news release warning about the fire’s potential. But later, she offered a glimpse into her own unease with the challenges firefighters have faced.
Persons: Karen Bass, , . Bass, Bass, Ms, , Organizations: Los Locations: Los Angeles, Los Angeles County, Ghana
LA's Palisades Charter High School was damaged by a wildfire on Tuesday. A wildfire partially destroyed an iconic Los Angeles high school with A-list alumni, which was used as a set for iconic films including "Freaky Friday" and "Carrie." Palisades Charter High School, which was set to start a new term next week, set on fire on Tuesday evening. Palisades Charter High School has a rich pop culture legacySissy Spacek at Bates High School Senior Prom in the horror film 'Carrie', 1976. Palisades Charter High School was used as a location for Beacon Hills High School in "Teen Wolf."
Persons: J.J Abrams, Forest Whitaker, Carrie, Olivia Rodrigo, PCHS, Pam Magee, Sissy Spacek, Stephen King's, Lindsay Lohan, Jamie Lee Curtis, J, Abrams, Cindy Ord, Gracie Abrams, Kanata, Rose Gilbert, I'd, Gilbert, Whitaker, Chris Pizzello, Butler, Oscar, Jennifer Jason Leigh, Leon Bennett, Whitaker's, Bryan Steffy, Scott Berg, Steve Kerr Organizations: High School, California Department of Education, Palisades Charter High School, LA Times, PCHS, Business, Staff, Charter High, Bates High School, Buena Vista, Beacon Hills High School, MTV, The LA Times, Getty, Force, Collider, Variety, Golden State Warriors Locations: Forest, Angeles, Los Angeles, Buena, Atlanta, LA, Palisades, Ridgemont
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