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☆ Ancient Americans chowed down on mammoth steak, study finds
▼ + stars: | 2024-12-06 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

CNN —Ancient ancestors of Native Americans, known as the Clovis people, mostly ate mammoths and other large animals during the most recent ice age, according to a new study. Since the young boy was still nursing, the team of scientists from American and Canadian universities were able to infer his mother’s diet. A woolly mammoth model is seen during installation at the American Museum of Natural History in October 2023. They also compared it to other omnivores and carnivores, finding that her diet was most similar to a scimitar cat that primarily hunted mammoths. “The largest mammoth sites in the USA and Central Europe contain the remains of mainly younger animals… possibly the easiest to kill,” Haynes said.

Persons: ”, James Chatters, “ It’s, ” Chatters, Bebeto Matthews, Gary Haynes, wasn’t, ” Haynes, Shane Doyle, ” Doyle, … Organizations: CNN, McMaster University , Ontario, American Museum of, AP, University of Nevada, Yellowstone Peoples Locations: Wilsall, Montana, North America, South America, Clovis, USA, Central Europe

☆ Currency markets look to steady amid political turmoil, eye U.S. jobs report
▼ + stars: | 2024-12-06 | by ( ) www.cnbc.com time to read: +4 min

In cryptocurrencies, bitcoin took a breather after catapulting above $100,000 for the first time a day earlier, and even sceptics now expect a crypto-friendly Trump administration to feed an extended rally. "So long as the unemployment rate doesn't fall back to 4.0%, markets should be comfortable about leaning towards a rate cut this month." For now, the European Central Bank isn't expected to react to heightened political turmoil in Europe when it meets next week. The euro bloc currency was on track to post a loss this week, the fourth in the last five weeks. But comments from typically dovish policymaker Toyoaki Nakamura that he's not opposed to rate hikes helped push the currency higher on Thursday.

Persons: bitcoin, Trump, Sean Callow, Emmanuel Macron, Michel Barnier, Donald Trump's, Toyoaki Nakamura, he's, Yoon Suk Yeol Organizations: steadied, U.S ., InTouch, Federal Reserve, European Central Bank, Reuters, ECB, Traders, Bank of Japan's, South Korean, Australian Locations: South Korea, payrolls, France, Europe, Asia

☆ CNBC Daily Open: U.S. exceptionalism seems difficult to dismiss for now
▼ + stars: | 2024-12-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

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. U.S. markets take a breatherThe S&P 500 slipped 0.19%, the Dow Jones Industrial Average lost 0.55% and the Nasdaq Composite retreated 0.18% as traders await today's jobs report. What to expect from U.S. jobs reportThe U.S. nonfarm payrolls report for November is coming out later today. Gold has long held a place in investors' portfolios as an asset that hedged against market swings and geopolitical instability.

Persons: nonfarm, –, Dow Jones, Bitcoin, bitcoin, Donald Trump's, Paul Atkins, Jerome Powell's Organizations: CNBC, Dow Jones Industrial, Nasdaq, CAC, U.S, OPEC, Securities and Exchange Commission Locations: U.S, OPEC

☆ Meta Platforms provides another reason to own oil-and-gas driller Coterra Energy
▼ + stars: | 2024-12-06 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Tech giants have increasingly set their long-term sights on nuclear power to fuel their artificial intelligence ambitions. Getting there will require more natural gas along the way — an incentive to stay invested in driller Coterra Energy . Indeed, the Facebook and Instagram parent on Tuesday released a request for proposals from nuclear energy developers. Meta said its goal is to add between 1 to 4 gigawatts of nuclear power in the U.S. beginning in the early 2030s. That will allow for more natural gas produced in the U.S. to be shipped around the world, particularly into Europe.

Persons: Entergy, Jim Cramer, Jim, Meta, Tom Jorden, There's, It's, …, Trump, Biden, Coterra, Instagram, Jim Cramer's, Meg Roussos Organizations: Tech, Coterra Energy, Meta, Microsoft, U.S, Facebook, Department of Energy, bottoming, CNBC, Bloomberg, Getty Locations: Louisiana, U.S, Pennsylvania, Department of Energy . Houston, Europe, Russia, Ukraine, Prineville , Oregon

☆ I rode a train that rolls aboard a ferry. For just $30, it was a unique way to see the beautiful Italian coast.
▼ + stars: | 2024-12-06 | by ( Tammy Barr | ) www.businessinsider.com time to read: +1 min

AdvertisementI went on a passenger train in Italy from Sicily to Naples that boarded a ferry to cross a strait. The train ride wasn't very expensive at about $30 and our journey took almost six hours. The views of the coast were amazing and the ferry ride was a special experience. I was recently even able to take a train from Naples to Sicily, which can be tough to access. Since there's no bridge connecting Sicily to the mainland, the train travels part of the way by ferry.

Organizations: Trenitalia Locations: Italy, Sicily, Naples, Europe, Spain, France, Belgium, Bulgaria, Slovenia, Messina, Rome

☆ The top arms dealers in South Korea and Japan are growing almost as fast as those in Russia
▼ + stars: | 2024-12-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

AdvertisementSouth Korean and Japanese arms dealers are growing almost on pace with Russia's top defense firms. The top defense manufacturing firms in both South Korea and Japan saw growth rates of nearly 40% in 2023, nearly on pace with that of the top arms dealers in Russia, per a new report. It brought in $5.71 billion in arms revenue in 2023, up 52.7% from $3.74 billion in 2022, per SIPRI. AdvertisementRostec's arms revenue grew 49.3% in 2023 to $21.7 billion, up from $14.5 billion in 2022, per SIPRI. It earned $3.7 billion in arms revenue in 2023, just 1.9% up from 2022.

Persons: —, Xiao Liang, it's, Liang, Hanwha, Artur Widak, SIPRI Organizations: Stockholm International Peace Research Institute, Japan South, South, Hanwha, Hyundai Rotem, DSME, Mitsubishi Heavy Industries, Fujitsu, Tactical Missiles Corporation, United Shipbuilding Corp Locations: South Korea, Japan, Russia, Stockholm, Korea, Ukraine, Russian, Europe, Poland, Seoul

After nearly two years of friendship bracelets and sparkly bodysuits, Taylor Swift’s record-shattering Eras Tour is finally coming to a close. Her “Taylor Swift: The Eras Tour” movie, released in October, became the highest-grossing domestic concert film ever by the end of its opening weekend in North America. Starting in Arizona, the 2023 Eras Tour traversed a total of 20 cities across the United States over about five months. Tragedy briefly struck the Eras Tour when a 23-year-old fan died last year at her show in Rio de Janeiro amid extreme temperatures. The rumor mill has churned nonstop throughout the Eras Tour, and Swift’s final show is no exception.

Persons: bodysuits, Taylor, Swift, Taylor Swift, snagged Swift, Swift’s, Concertgoers, ”, Sebastien St, Jean, Chris May, “ Taylor Swift, there’s Organizations: Federal Reserve, Poets Department, ”, showtime, Canada, Canada Border Services Agency, NBC News, Agency, Getty, Canadian Press Locations: Vancouver , British Columbia, North America, Arizona, United States, Mexico, Argentina, Brazil, Rio de Janeiro, Japan, Australia, Singapore, Europe, France, Sweden, Portugal, Spain, Ireland, Netherlands, Switzerland, Italy, Germany, Poland, England, Scotland, Wales, United Kingdom, Vienna, Florida , Louisiana, Indiana, Toronto, Vancouver, Canada

The Summary Southern giant hornets, sometimes referred to as "murder hornets," have been found in Europe for the first time. Scientists are hunting for the hornets' nest. Researchers in Spain are scrambling to find the nest belonging to the first southern giant hornets found in Europe. Neither northern nor southern giant hornets have been found in Europe beyond the four documented in Spain. Sanchez said that the detection of southern giant hornets in Spain indicates that more are likely on the way.

Persons: Asia —, Omar Sanchez, ”, Sanchez, Molly Keck, Keck Organizations: Southern, hornets, Northern, University of Oviedo, M University Locations: Europe, Spain, Asia, India, China, Thailand, Vietnam, Siero, Asturias province, United States, Washington, U.S, Texas

The central issue the justices are considering is whether Tennessee’s law discriminates on the basis of sex. If the court rules it doesn’t, then Tennessee’s law and similar restrictions in 25 other states would most likely stand. Vienna Cavazos, 18, said the court will have blood on its hands if it decides Tennessee's law doesn't discriminate based on sex. Yates said he wanted to attend oral arguments “because I support the trans community.”“This is f------ hate,” he said of Tennessee’s law. Nadine Seiler, 59, said she traveled to the Supreme Court from Maryland to show solidarity with trans people.

Persons: WASHINGTON, Lisa, Ryan Welch, “, ” Lisa, Jo Yurcaba, Ryan, I’m, ” Ryan, Welch, discriminates, Donald Trump, didn’t, Kaleb Todd, Todd, ” Todd, Vienna Cavazos, Cavazos, Greg Abbott, ” Cavazos, “ we’re, ”, “ We’re, ” Devon Yates, Yates, Matt Sharp, ” Sharp, Nadine Seiler, rouser ”, Black, Trump Organizations: NBC, Tennessee, Vienna Cavazos, Texas Gov, Protective Services, Alliance Defending, House Locations: Tennessee, Washington, Indianapolis, Indiana, Chicago, Illinois, United States, Texas, Philadelphia, Vienna, Delaware, New York City, Europe, Maryland, Waldorf , Maryland

☆ European markets head for negative open after France's government loses confidence vote
▼ + stars: | 2024-12-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European stocks are set to open in negative territory Thursday, with French markets in focus after Prime Minister Michel Barnier's government was toppled in a vote of no confidence Wednesday. A majority of lawmakers from both the left-wing New Popular Front alliance and the far-right National Rally supported a no-confidence motion in the country's lower house yesterday evening. The move angered opposition parties and, last night, deputies on the left and right ousted the government. Barnier is expected to resign Thursday, but he could remain in charge of a caretaker government while President Emmanuel Macron searches for a replacement. Elsewhere overnight, Asia-Pacific markets traded mixed after Wall Street stock benchmarks notched record highs yesterday.

Persons: Michel Barnier's, Barnier, Emmanuel Macron Organizations: Front, Wall Locations: Asia, Pacific, U.S, Europe

☆ Why more billionaires are moving overseas since the pandemic
▼ + stars: | 2024-12-05 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

"The shock of the pandemic put a premium on first-class healthcare," UBS wrote. Billionaires have increased the frequency at which they are relocating overseas since the COVID-19 pandemic struck, the annual Billionaire Ambitions Report from UBS says. Central and South America, Oceania, and Southeast Asia also saw net outflows of billionaires, UBS said. Meanwhile, billionaires have been moving to countries including Switzerland, the UAE, Singapore, and the United States. According to UBS, total billionaire wealth rose by 121% worldwide from $6.3 trillion to $14 trillion between 2015 and 2024.

Organizations: UBS, Billionaire Locations: Swiss, Switzerland, UAE, Singapore, United States, Eastern Europe, Russia, Ukraine, Central, South America, Oceania, Southeast Asia, East, Africa

☆ CNBC Sport: Broadcast TV counting on Trump to accelerate regional sports rights land grab
▼ + stars: | 2024-12-05 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +17 min

Gray Media , owner of local TV stations and digital assets serving 113 TV markets? The bearish sentiment on the industry has been pretty straightforward: as more people cancel traditional pay TV, fewer households watch broadcast TV, opting instead for streaming services like Netflix and Disney+. Additionally, the Federal Communications Commission mandates the total number of TV stations owned by any company can cover a maximum of 39% of the U.S. Tegna now owns local rights for the WNBA's Indiana Fever and the NHL's Seattle Kraken. Gray Media , owner of local TV stations and digital assets serving 113 TV markets?

Persons: Alex Sherman, Donald Trump, Trump, Brendan Carr, Carr, Chris Ripley, Sinclair, Gray, Tegna, Kerry Bubolz, he's, Bubolz, We're, Adam Symson, Symson, We've, Lazard, Stephen Finkel, Finkel, He'll, – Manoel Carvalho, Bryan Tannenbaum, Carvalho, Tannenbaum, Don Garber, Lionel Messi's, Garber, Mark Clouse, Russell Wilson, Wilson, Bo Nix, It's, Jimmy Pitaro, CNBC's Lillian Rizzo, Al Michaels, CNBC's, Andrew Luck, Randall Stephenson, Stephenson, Brandon Bell Organizations: CNBC, Sinclair, Gray Media, Scripps, Netflix, Disney, Warner Bros, Discovery, Paramount Global, Comcast, NBC, ABC, CBS, Fox, Federal Communications Commission, FCC, National Association of Broadcasters, Big Tech, NAB, Vegas Golden Knights, Vegas Golden Knights , Utah Hockey Club, Florida Panthers, NBA's Phoenix Suns, Cleveland Cavaliers, New Orleans Pelicans, Oklahoma City Thunder, Milwaukee Bucks, Las Vegas Aces, Phoenix Mercury, Atlanta, Indiana Fever, Utah Jazz, Portland Trailblazers, Golden Knights President, Knights, MLB, NBA, NHL, WNBA, Lazard, Credit Suisse, Rothschild, Guggenheim Securities, Guggenheim, MLS, League Soccer's, LA Galaxy, New York Red Bulls, Apple, NFL, Washington Commanders, Denver Broncos, Pittsburgh Steelers, AFC, Broncos, CNBC Sport, ESPN, Football, Sports, FIFA Club, Javits, Golden State, Stanford football, Stanford, AT, University of Oklahoma, OU, SpaceX, Reuters Locations: U.S, Vegas Golden Knights ,, Seattle, Pacific, Idaho, Wyoming, Montana, Arizona, Phoenix, Las Vegas, Reno, New York, Campbell's, New York City, Brownsville , Texas

☆ This CEO wants his airline to be the first to start flying to Ukraine again
▼ + stars: | 2024-12-05 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

He told Business Insider it plans to be the first airline back into Ukraine when the conflict ends. AirBaltic plans to be the first airline to restart flights to Ukraine in the event of a peace agreement, CEO Martin Gauss told Business Insider. Gauss told BI that the start of the war impacted airBaltic "very heavily" due to missing passenger flows from Ukraine and Russia. "Once that is too busy, we need to fly over Sweden into the south," Gauss added. "I had to come up, in a couple of weeks, with suggestions of what you could do with a technically bankrupt airline," Gauss told BI.

Persons: Martin Gauss, Gauss, airBaltic, AirBaltic, Nicolas Economou, It's, Elon Organizations: NATO, European Union, BI, Dubai —, Deutsche, British Airways, Airbus, Embraer, Getty Images Locations: Ukraine, Latvian, Estonia, Lithuania, Russia, London, Baltic, —, Cyprus, Turkey, Dubai, Latvia, there's, Belarus, Russian, Kaliningrad, Sweden, airBaltic, Europe

☆ Ukraine's front-line fighters and dronemakers are trying to crowdfund their way to Russia's defeat through cheap strikes
▼ + stars: | 2024-12-05 | by ( Matthew Loh | ) www.businessinsider.com time to read: +15 min

Another prototype, a modified Soviet ZU-23-2 antiaircraft gun, needs $70,000 worth of parts to be fully automated to strike down Russian drones. Advertisement"For drones, most funding is from volunteer help, by donors," Chernyavskiy told Business Insider. Throughout the war, Ukraine has repeatedly struggled with insufficient amounts of ammunition, such as much-need 155mm artillery shells. In Ukraine, Chernyavskiy is frustrated, too. This is the nature of war," Chernyavskiy said.

Persons: it's, Oleksandr Chernyavskiy, Oleksandr Chernyavskiy Chernyavskiy, Chernyavskiy, Oleksandr Chernyavskiy Crowdfunding, Dmytro Smolienko, Federico Borsari, Borsari, Oleksandr Skarlat, Serhii Sternenko, Skarlat, Mark J, Lindquist, he's, Mark Lindquist, Oleksandr Chernyavskiy It's, Daniel Viksund, Viksund, Daniel Viksund He's, Chasiv, Jennifer Kavanagh, Kavanagh, Andriy Andriyenko, haven't, Sofiia Meleshenko Organizations: Ukraine's 241st Territorial Defense Brigade, Business, Publishing, Getty, Civilian, Center for, Telegram, US Air Force, Ukraine, 241st Territorial Brigade, Army, Veteran Aid Ukraine, Aid Ukraine, Defense, Savannah, BI Locations: Russia, Soviet, Ukraine, Moscow, Ukrainian, Kyiv, crowdfund, Norwegian, Afghanistan, Scandinavia, Chasiv Yar, Europe

☆ War in Ukraine would be a tough test of Sweden's Gripen, a jet made for a fight with Russia it's never seen
▼ + stars: | 2024-12-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

AdvertisementA new NATO member has a jet that was designed for war with RussiaBut it has never been used against Russia. Giving Ukraine the jet would be a good test that would benefit it and NATO, warfare analysts said. Sweden's Gripen, a fighter jet built for a war with Russia, is considered a good fit for Ukraine, but the aircraft hasn't been tested the way it could be in this war. Designed at the end of the Cold War, the jet is operated by about half a dozen countries. AdvertisementWar experts have said the Gripen is the jet that is best suited for Ukraine in the long term.

Persons: Pål Jonson, it's, JAS, Petr Josek PJ, Tim Robinson, George Barros, Oleg V, Michael Bohnert, Robinson, Gordon, Skip, Davis, Barros, Bohnert, Efrem Lukatsky Robinson, Donald Trump, Peter Layton, Trump Organizations: NATO, Sweden's Gripen, American Patriots, Ukraine —, NATO Sweden, Gripen, Swedish Defense, Sukhoi, REUTERS, UK's Royal Aeronautical Society, Russia, Institute for, Saab Gripen, RAND Corporation, Saab, Ukraine Mirage, US Army, Defense Investment Division, Ukrainian Air Force, AP, Ukraine, Griffith Asia Institute, Royal Australian Air Force Locations: Russia, Ukraine, Stockholm, Prague, Czechia, Sweden, France, Libya, Europe

☆ Directing Art Basel Miami Beach is a massive undertaking. Bridget Finn, a veteran in the art world, was up to the task.
▼ + stars: | 2024-12-05 | by ( Brea Cubit | ) www.businessinsider.com time to read: +6 min

Bridget Finn is the new director of Art Basel Miami Beach, set to have 286 galleries this year. This article is part of BI's 2024 Art Basel series, taking you inside the art fair's global scene. The latest feather in her cap is helming this year's Art Basel Miami Beach show as its new director. This year, 34 galleries will make their Art Basel Miami Beach debut, the most first-time participants at the fair in over 15 years. "I would be so bold as to say that Art Basel Miami Beach is often the platform where new trends in art appear.

Persons: Bridget Finn, Finn, —, Bridget Finn —, Paola Chapdelaine, she's, Caitlin Keogh's, Caitlin Keogh, Basel's, Agosto Machado, Terrence Musekiwa, Diego Vega Solorza Organizations: Art Basel Miami Beach, Business, Service, Art Basel, Miami Beach Convention Locations: Basel, Manhattan, NY, Bortolami, Americas, Asia, Europe, New York, Mexican, Brazilian

☆ 'It is key to remain invested,' Julius Baer portfolio manager says. Here's how she's investing
▼ + stars: | 2024-12-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

"We believe it is key to remain invested and view any potential corrections as technical and temporary opportunities to get into the market," Julius Baer International's Portfolio Manager Aneka Beneby said. Against this backdrop, she observes a "come back" in the traditional 60/40 portfolio, where 60% of funds are invested in equities and the remaining 40% is allocated to fixed income. Overweight equities Looking ahead, Beneby is overweight on equities and prefers the asset class to fixed income given relatively high inflation levels. Her comments come as the consumer price index — a key metric measuring inflation levels — rose 2.6% in the U.S. in October, versus a year ago. Fixed income Unlike U.S. equity markets which have had a stellar rise, fixed income has been under pressure no thanks to high levels of volatility.

Persons: Julius Baer International's, Aneka Beneby, Beneby Organizations: CNBC Pro, U.S ., U.S Locations: U.S, Europe, Central, Canada, France, Germany, Italy, Japan

☆ France's political crisis just saw the government ousted — but Paris' problems have just begun
▼ + stars: | 2024-12-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Rather than marking the end of Paris' problems, however, the end of Barnier's short-lived premiership and government ushers in a new period of political turmoil and uncertainty in Paris, analysts and economists say. Marine Le Pen, president of National Rally, right, during a no-confidence debate at the National Assembly in Paris, France, on Wednesday, Dec. 4, 2024. "President Emmanuel Macron will have to appoint a new prime minister, who will have to form a new government. Other names that have been mentioned as possible candidates include Interior Minister Bruno Retailleau and former Prime Minister Bernard Cazeneuve. Portrait of France s Prime Minister Michel Barnier standing among the members of his government, applauded by his ministers and Macronist MPs.

Persons: Michel Barnier, Sarah Meyssonnier, Michel Barnier's, Barnier, —, Pen, Emmanuel Macron, Macron, Donald Trump, Charlotte de, –, Sébastien Lecornu, François Bayrou, Bruno Retailleau, Bernard Cazeneuve, Mujtaba Rahman, Rahman, Amaury Cornu, Chris Beauchamp, Kiran Ridley Organizations: French, Front, NFP, National Assembly, National, Bloomberg, Getty, Reuters, U.S, Notre Dame Cathedral, Charlotte de Montpellier, ING, Defence, Mouvement, Interior, Eurasia Group, Afp, CAC, IG Markets Locations: French, Paris, France, Switzerland, Europe, Eurasia

☆ Michael Fassbender was convinced he blew a surreal audition with Quentin Tarantino for 'Inglourious Basterds'
▼ + stars: | 2024-12-05 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

AdvertisementMichael Fassbender thought he'd blown a "surreal" audition with Quentin Tarantino. Michael Fassbender was convinced that he'd blown a "surreal" audition with Quentin Tarantino when he went out for a role in "Inglourious Basterds." "Originally, I wanted Landa! I had prepped about 27 hours of Landa," Fassbender said. Michael Fassbender as Lt. Archie Hicox in "Inglourious Basterds."

Persons: Michael Fassbender, Quentin Tarantino, Christoph Waltz's, Hans Landa, Archie Hicox, Hitler, Fassbender, Christoph Waltz, Landa, Tarantino, August Diehl, Dieter Hellstrom, I'm, he's Organizations: Business, Nazi, CIA, Paramount Locations: Christoph Waltz's Nazi, British, Europe, Hicox, Berlin, London

Macron’s center-right prime minister, Michel Barnier, is facing a no-confidence vote tabled by far-right leader Marine Le Pen and her National Rally party. Marine Le Pen's National Rally party tabled a vote of no confidence in Barnier. A divided legislatureAfter Macron stunned Europe by calling snap parliamentary elections in June, Le Pen was only blocked from power by Macron’s centrists and their left-wing opponents working together tactically. But Le Pen says the budget cuts and tax rises are “red lines” she will not cross. Macron cannot run again due to term limits, leaving Le Pen as the current bookmakers’ favorite.

Persons: Emmanuel Macron, Antoine Armand, “, —, Donald Trump, Michel Barnier, Marine Le, Barnier, Macron, Stephane De Sakutin, ”, Rainbow Murray, Le Pen, Macron’s centrists, it’s, Murray, Nathan Laine, centrists, Olivier Chassignole, he’s, Douglas Webber, ” Webber, ’, ” Murray, Queen Mary said Organizations: Notre, Dame, ”, National Rally, Popular Front, National Assembly, Getty, Queen Mary University of London, European Union, Bloomberg, ” Taxi, Franco, Union Locations: Paris, France, Europe, American, Barnier, AFP, European, Greece, Lyon, technocrats, Europe’s, Germany, Netherlands, Austria, Finland

☆ World’s top 100 cities revealed – and London isn’t in the top 10
▼ + stars: | 2024-12-04 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

It’s the fourth time in a row that the French capital has taken the No.1 spot in the Top 100 City Destinations Index by data analytics company Euromonitor International. Close to 13 million international Tokyo trips were recorded in 2024, says Euromonitor International, notably higher than pre-pandemic levels. Euromonitor International reports a whopping 32.4 million international trips there in 2024, nearly 10 million more than last year’s No.1, Istanbul, which in 2024 has recorded 23 million. To manage the overflow of visitors in the busiest tourist destinations, cities are introducing measures such as tourism-related taxes and restricted visiting hours. Euromonitor International’s Top 10 City Destinations for 2025Paris Madrid Tokyo Rome Milan New York Amsterdam Sydney Singapore BarcelonaTop 10 cities in international arrivals for 2025

Persons: CNN — It’s, Koen Smilde, overtourism, There’s, Airbnb, Euromonitor Organizations: CNN, Paris, Notre Dame, Euromonitor, City, London, Sydney, Euromonitor International, York, Discover, Paris Madrid Tokyo, Milan New York, Milan New York Amsterdam Sydney Singapore Barcelona Locations: City of, Europe, Madrid, Rome, Milan, Amsterdam, Barcelona, London, Seoul, Dubai, Paris, Bangkok, Asia, Pacific, Tokyo, Singapore, New York, Los Angeles, Istanbul, Discover Amsterdam London, Hong Kong, Mecca, Saudi Arabia, Italy, Paris Madrid, Milan New York Amsterdam

☆ Student loan borrowers may find bankruptcy harder under Trump
▼ + stars: | 2024-12-04 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Damircudic | E+ | Getty ImagesMore federal student loan borrowers have been able to get their debt discharged in bankruptcy over the last few years, thanks to new guidance that the Biden administration has issued. "The Trump Administration is likely to rescind this guidance," Kantrowitz said, referring to the Biden administration's looser rules for student loan borrowers in bankruptcy. Latife Neu, a bankruptcy lawyer in Seattle, said she wasn't sure bankruptcy would necessarily become more difficult for student loan borrowers under Trump. "There is a surprising amount of consensus across the political spectrum," Neu said, that the higher bar for student loan borrowers to get their debt discharged in bankruptcy is "a defective policy." In the 1970s, lawmakers added a stipulation that student loan borrowers needed to wait at least five years after they began repayment to file for bankruptcy.

Persons: Biden, Donald Trump, Trump, Malissa Giles, Giles, We're, Mark Kantrowitz, Kantrowitz, Latife, Neu Organizations: Finance, Trump Administration, Biden, Trump, U.S . Department of Education, U.S . Department of Justice Locations: Virginia, Europe, Seattle

☆ U.S. stocks are quadrupling the returns of the world. Will 'U.S. exceptionalism' continue?
▼ + stars: | 2024-12-04 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Amid a tumultuous year marked by multiple conflicts and consequential elections around the world, the U.S. stock market has managed to far outperform its global peers. The iShares MSCI ACWI ex-U.S. ETF (ACWX) , which tracks large- and midcap stocks from around the world while excluding the U.S., has gained just 7.6% in 2024. ACWX .SPX YTD mountain iShares World ex-U.S. ETF versus the S & P 500 in 2024 Political chaos across the world has played a role in some international markets' underperformance in recent days. The government is facing a no confidence vote that has led investors to sell off French stocks in recent days. Potential tariffs on China and Mexico from the incoming Trump administration are also expected to weigh on global markets.

Persons: MSCI ACWI, Yoon Suk, Trump, Joyce Chang, Chang Organizations: U.S . ETF, U.S, CAC, JPMorgan, Finance Forum Locations: U.S, Korea, Europe, France, China, Mexico, Japan

☆ Google CEO Sundar Pichai says he’d love to do side-by-side comparison with Microsoft’s AI models
▼ + stars: | 2024-12-04 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. Alphabet CEO Sundar Pichai is challenging Microsoft CEO Satya Nadella to an AI duel. "You guys were the originals when it comes to AI," Sorkin told Pichai after reading Nadella's comments. "They're using someone else's models," added Pichai after saying he'd love to do the side-by-side comparison. While Microsoft does have its own AI models, much of the advanced capabilities in its recent offerings are powered by OpenAI's LLMs.

Persons: Sundar Pichai, Emily Chang, Satya Nadella, Pichai, Andrew Ross Sorkin, Pichai's, Sorkin, Nadella, Google's, OpenAI's LLMs, OpenAI Organizations: APEC, Summit, Moscone West, Microsoft, The New York Times, Google, Norges Bank Investment, Bing, DOJ, Chrome Locations: San Francisco , California, San Francisco, Europe

☆ I visited 13 major European cities in 6 months. Here are 2 I can't wait to visit again and 2 I probably won't return to.
▼ + stars: | 2024-12-04 | by ( Emily Pogue | ) www.businessinsider.com time to read: 1 min

AdvertisementI spent six months moving around Europe and visited 13 major cities along the way. I was blown away by Edinburgh and Amsterdam and can't wait to return. Though I enjoyed my time in Zurich and Cardiff, I'd like to explore other cities in the future. I explored 13 major cities in countries including the UK, France, Germany, Switzerland, and the Netherlands. AdvertisementHere are the two European cities I can't wait to visit again and the two I'm glad I checked off my bucket list.

Organizations: Edinburgh Locations: Europe, Amsterdam, Zurich, Cardiff, France, Germany, Switzerland, Netherlands

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