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☆ Giant cyborg cockroaches could be the search and rescue workers of the future
▼ + stars: | 2024-12-05 | by ( Amy Gunia | Hazel Pfeifer | ) edition.cnn.com time to read: +4 min

He hopes to create an army of insect-machine search and rescue workers. Researchers in Australia are fusing control backpacks onto beetles and cockroaches to direct their movements. Fitzgerald says cyborg search and rescue beetles or cockroaches might be able to help in disaster situations by finding and reporting the location of survivors and delivering lifesaving drugs to them before human rescuers can get there. Fitzgerald says that although the work might seem futuristic now, in a few decades, cyborg insects could be saving lives. University of Queensland student Lachlan Fitzgerald hopes to one day use the insect-machine hybrids as search and rescue workers.

Persons: Lachlan Fitzgerald, Fitzgerald, ”, Dan Soekov, “, He’s, bioethicists Organizations: CNN, University of Queensland, California Institute of Technology, Caltech, Cornell University Locations: Australia

☆ Under-the-radar destinations worth visiting in Thailand
▼ + stars: | 2024-12-05 | by ( Victoria Barauna | ) edition.cnn.com time to read: +10 min

CNN —When it comes to holiday destinations, Thailand is one of the most popular countries in the world. Chiang Dao district, Chiang MaiA Buddhist shrine next to the entrance of the Chiang Dao caves complex, which stretches more than 10km and contains shrines, statues and Buddha images. The town of Chiang Dao itself is small but offers travelers an authentic, local Thai experience. The area’s most famous attraction is the Chiang Dao Cave complex (Tham Chiang Dao), which is made up of dozens of caverns, some of which are illuminated and decorated with Buddha statues. When it comes to temples, Wat Phumin is Nan’s most famous and has been around for more than 400 years.

Persons: It’s, it’s, ”, Gary Bowerman, Mauro Flamini, Chiang Mai, Koh Samui, “, Olivier Ponti, Ponti, Chiang Dao, Chiang, Mladen Antonov, Thierry Falise, Don Sak, Koh, Koh Kood, Koh Kood's, Koh Kut, Nan Wat Phumin, Nan, Worth, Phumin, John S Lander, Wang, Wat Chiang Rai, Wat, Don Tao Suchadaram, Chae Organizations: CNN, Getty Locations: Thailand, Asia, Thai, Phuket, Lampang, Chiang, AFP, Nakhon Si, Khanom, Don, Koh, Chao Beach, Chakarin, Thailand’s, Cambodian, Chao, Bao, Laem, Trat, Bangkok, Doi, Sao Nak, Lampang —, Lampang province —, Chiang Mai, Lanna, Sao, ., Wat

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

☆ Walmart recalls cucumber slices sold in Texas stores over salmonella risk
▼ + stars: | 2024-12-05 | by ( Rudy Chinchilla | Rudy Chinchilla Is A Breaking News Editor For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

Walmart is recalling cucumber slices sold in 34 Texas stores over concerns that they may be contaminated with salmonella. Marketside Fresh Cut Cucumber Slices involved in the recall. Walmart advised customers to toss out the cucumber slices or return them to the store from which they purchased them. SunFed previously announced a recall of cucumbers that were potentially contaminated with salmonella. The cucumbers were sold from Oct. 12 to Nov. 26 at stores across the U.S. and in five Canadian provinces, including at retailers like Walmart and Costco.

Persons: SunFed, Craig Slate Organizations: Walmart, Food and Drug Administration, Cleveland Clinic, Costco Locations: Texas, Arizona, U.S

☆ Woman who likely fell into sinkhole while searching for her cat is not expected to be found alive
▼ + stars: | 2024-12-05 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

The effort to locate a Pennsylvania grandmother who appears to have fallen through a sinkhole into a decades-old mine shaft while searching for her cat has likely shifted from a rescue to recovery mission, authorities said Wednesday. Pennsylvania State Police Trooper Steve Limani told reporters that there had been diminishing oxygen levels and no sign of life in the shaft, which he estimated was at least 30 feet deep. “Unless it’s a miracle, most likely this is a recovery,” he said. Elizabeth Pollard Pennsylvania State PoliceHe said there was little doubt Elizabeth Pollard, 64, had plunged through what he described as a thin piece of ground in Unity Township, roughly 40 miles southeast of Pittsburgh. Limani said authorities are shifting their approach to finding Pollard because of the mine’s fragile state.

Persons: Steve Limani, ”, Elizabeth Pollard, Limani, Pollard, We’re Organizations: Pennsylvania State Police, Elizabeth Pollard Pennsylvania, Police, Authorities Locations: Pennsylvania, Unity Township, Pittsburgh

☆ After arrest in killing of Arizona dancer found in burning car, her family still has many questions
▼ + stars: | 2024-12-05 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

Nearly three weeks ago, authorities announced an arrest in the brutal killing of Mercedes Vega, an exotic dancer who was found dead 19 months ago in a burning car on an Arizona highway. Mercedes Vega with her mom, Erika. A spokesperson for the Maricopa County Sheriff's Office said he understood the many questions about the case that remain, but he declined to comment further because of the ongoing investigation. A spokesperson for the Maricopa County Prosecutor’s Office also cited the case's status and declined to comment. Security footage of Mercedes Vega.

Persons: Mercedes Vega, Erika Pillsbury, —, Sencere Hayes, Hayes, Vega, Erika, Russ Skinner, Mercedes ’, Pillsbury Organizations: Maricopa County Sheriff's, Maricopa County Prosecutor’s, Authorities, Dateline, NBC, Farm Insurance Locations: Arizona, Chattanooga , Tennessee, Maricopa, Maricopa County, Tempe, Phoenix, Malibu, Tonopah

☆ What are Social Security's trust funds? New debate emerges on program's financing
▼ + stars: | 2024-12-05 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Richard Stephen | Istock | Getty ImagesWhat are Social Security's trust funds? Social Security's trust funds prompt headlines each year when Social Security's trustees release their annual report on the program's financial outlook. Lee is not the first politician to question Social Security's trust fund structure. In his post on X, Lee said: "the government routinely raids" Social Security's trust fund. During a July 2023 Senate hearing on protecting Social Security, Sen. Ron Johnson, R-Wisconsin, describes the program's trust funds as a "four-drawer file."

Persons: Richard Stephen, Istock, Blahous, George W, Bush, Bonds, Susan Chapman, Luke Frazza, —, Lee, Sen, Ron Johnson, Johnson, Stephen Goss, actuary, Andrew Biggs, Biggs, Nancy Altman, Altman, Jason Fichtner Organizations: Social, Research Service, Social Security Administration, Treasury, U.S ., Federal Investments, of Public, Afp, Getty, Social Security, American Enterprise Institute, Vanguard, Congressional Research Service, Center, U.S Locations: Parkersburg , West Virginia, Wisconsin, China

☆ 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

☆ Spirit executive blames other airlines for a 'manufactured' pilot shortage and says some want the carrier out of business
▼ + stars: | 2024-12-05 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

AdvertisementA Spirit executive blamed mainline carriers for some of its financial woes during a Senate hearing. He said some airlines "manufactured" a pilot shortage and that others want Spirit "out of business." A Spirit Airlines executive blamed competitors for some of its financial and operational woes during a congressional hearing on Wednesday, pointing to factors including pilot staffing and limited airport access. Chief commercial officer Matthew Klein told a Senate subcommittee that Spirit hasn't been able to grow because the mainline airlines "manufactured" a pilot shortage during the pandemic and "poached" Spirit's pilots. Spirit pilots are not paid as much as mainline pilots and could have left the company for better working conditions.

Persons: Matthew Klein, hasn't, Spirit's, Klein, gunning, Scott Kirby, Robert Schroeder Organizations: Spirit Airlines, Delta Air Lines, American Airlines, United Airlines, Frontier Airlines, Airbus, Business, Spirit, Budget, Frontier, SVP Locations: United

☆ November was the most costly month of the war for Russia in terms of average daily dead and injured: UK intel
▼ + stars: | 2024-12-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

AdvertisementNovember saw Russia hit a new daily average high for its casualties in the war, per the UK MOD. It was the third month in a row that Russia suffered record-breaking daily losses, it said. November saw Russia suffer a record daily average for the number of soldiers injured or killed since it launched its full-scale invasion of Ukraine in 2022, according to UK intelligence. Citing the Ukrainian General Staff, it said that Russia suffered 45,680 casualties in November, up from 41,980 in October, with a daily average of 1,523. The losses likely made it the most costly month of the war for Russia in terms of personnel, it said.

Persons: Velyka, George Barros, Mark Rutte, Rajan Menon, Columbia University's Organizations: Russia, UK Ministry of Defence, Ukrainian General Staff, MOD, Washington DC, for, NATO, Columbia, Columbia University's Saltzman Institute of War, Peace Studies Locations: Russia, Ukraine, Kupiansk, Russian, Kursk

☆ Far from a bazooka, China's stimulus measures are just trickling through the economy
▼ + stars: | 2024-12-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Growth in pockets from real estate to manufacturing has improved since Beijing began announcing stimulus measures in late September. China's latest efforts to kickstart growth haven't had a broad impact yet, data and company earnings show, indicating the world's second-largest economy won't be roaring back soon. The ramp-up in stimulus measures is aimed at reaching this year's official target of around 5%, and a similar pace next year — while preventing financial instability, Gabriel Wildau, managing director at Teneo, said in a note Monday. "Looking ahead, our sources expect that stimulus in 2025 will trickle out incrementally and in a data-dependent fashion," Wildau said. "Beijing's stimulus measures encouraged firms to come off the sidelines this month," the report said.

Persons: Tencent, Shaohui Chen, haven't, Gabriel Wildau, Wildau, Wang Zhe, Wang, Donald Trump Organizations: Beijing, Companies, PMI, Caixin Insight, China's Ministry of Finance Locations: China

☆ Yoon Suk Yeol: The ‘American Pie’-singing conservative who tried to suspend democracy – and failed
▼ + stars: | 2024-12-05 | by ( Helen Regan | ) edition.cnn.com time to read: +12 min

Seoul, South Korea CNN —Declaring martial law in a stable and boisterous democracy was an audacious gamble – and one that appears to have backfired spectacularly for South Korean president Yoon Suk Yeol. But the president’s short-lived declaration of martial law still felt like an attack to the heart of the country’s democracy. Helicopters fly after South Korean President Yoon Suk Yeol declared martial law, in Seoul, South Korea, on December 4, 2024. Soldiers try to enter the National Assembly building in Seoul on December 4 2024, after South Korea President Yoon Suk Yeol declared martial law. Many believe the botched martial law and subsequent democratic proceedings show that South Korean democracy is alive and well.

Persons: South Korea CNN —, Yoon Suk, Yoon’s, ”, Yoon Suk Yeol, Kim Hong, Kyung, ” –, Yoon, Joe Biden, ’, Don McLean, Jung Yeon, “, Antony Blinken, Park, Chip Somodevilla, Jae, Kang, Sung, Sydney Seiler, Lady Kim Keon Hee, Dior, Kim, Kim Keon Hee, “ Yoon, Ahn Byung, Donald Trump, Michel Barnier, Kwak Dong, Kwak, Kim Hyeon, Lee Jae, myung, Han Dong, Han, Hanna, Eunseo Jeong, Jessie Yeung, Rebecca Wright, Ivan Watson, Gawon Bae, Yoonjung Seo, Antoinette Radford Organizations: South Korea CNN, South, National Assembly, CNN, Helicopters, Reuters, United, House, Getty, South Korea, People Power Party, White, Seoul, Democratic Party, Min Consulting, Center for Strategic, International Studies, “, Korea Armed Forces, Kyung Hee University, Parliamentary Locations: Seoul, South Korea, South, Korea, Washington ,, North Korea, North, “, Seongnam, France, Korean

☆ Prescription fills for weight loss drugs Zepbound and Wegovy more than doubled in 2024, GoodRx says
▼ + stars: | 2024-12-05 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

The data comes from GoodRx's new Weight Loss Medications Tracker, which examines fill trends and spending patterns in the U.S. for popular weight loss medications. But Marsh said out-of-pocket costs can add up, even if a patient has insurance coverage for a weight loss treatment. GoodRx said people without insurance can save an average of $250 monthly, or $3,000 annually, using its coupons for weight loss drugs. The federal Medicare plan also doesn't cover weight loss treatments unless they are approved and prescribed for another health condition. But the Biden administration in November proposed a rule that would allow Medicare and Medicaid to cover weight loss drugs for patients with obesity.

Persons: Eli Lilly, Wegovy, Tori Marsh, Marsh, GoodRx, Biden, Trump Organizations: Novo Nordisk, Insurance Locations: U.S, copays

☆ Baby boomers were hit hardest by inflation last year. Here's what they buy compared to younger Americans.
▼ + stars: | 2024-12-05 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

AdvertisementBaby boomers were hit the hardest by inflation in 2023, driven by rising healthcare costs. Healthcare costs outpaced overall inflation, and they make up a greater share of boomers' budgets compared to younger Americans. The analysis found that mounting healthcare costs, which have outpaced broader inflation, particularly weighed on baby boomers, who are aged 60 to 78. Simultaneously, older Americans did not spend as much on things like gas, where costs deflated. Over 2,000 older Americans told BI their biggest regrets over the last few months in a voluntary, informal survey.

Persons: Gen X, Wells, boomers, Gen, Gallup, they're, they've Organizations: Bureau of Labor Statistics, BLS, BI, Social Security Locations: Wells Fargo

☆ My family of 5 lives in a small space. Our decluttering routine includes tidying together every night and seasonal closet clean-outs.
▼ + stars: | 2024-12-05 | by ( Kris Ann Valdez | ) www.businessinsider.com time to read: +5 min

That's why it's important to follow a decluttering routine, including a nightly family clean-up. With a family of five, our mid-century house often feels cramped and cluttered. Over the years, I've noticed the more closely I follow a decluttering regimen, our home feels roomier and more presentable. Although I don't have a natural gift for organizing, following these simple steps keeps our house from becoming an untidy wasteland. Reorganizing spaces can help give a different perspectiveSometimes, the most straightforward step to decluttering is reorganizing a space that has received too much love lately.

Persons: I've, they've, Matt Paxton, Paxton, Barbara Brock, it's, Brock Organizations: Barbara Brock Inc Locations: New York City, stow

☆ Stocks making the biggest moves midday: American Eagle Outfitters, American Airlines, Verint Systems and more
▼ + stars: | 2024-12-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

American Eagle Outfitters – The stock fell 14% after the apparel retailer missed revenue expectations for the third quarter and provided weak holiday guidance. Five Below reported adjusted earnings per share of 42 cents on revenue of $844 million. The discount retailer lowered the top end of its full-year earnings guidance, and now forecasts a range of $5.50 to $5.90 per share. Signet now sees adjusted earnings coming in at $9.62 to $10.08 per share, compared to earlier guidance of $9.90 to $11.52 per share. Verint Systems – The stock surged almost 25% after the company posted better-than-expected adjusted earnings and revenue for the third quarter.

Persons: SentinelOne, AeroVironment, FactSet, Synopsys, LSEG, Verint, — CNBC's Brian Evans, Lisa Kailai Han, Sarah Min Organizations: American Eagle Outfitters, American Airlines, Barclays, Citi, Wall, FactSet, AeroVironment, ChargePoint Holdings, Signet, Systems, Southwest Airlines

Start your search for a tax preparer or tax advisor before the peak of tax season. Like finding the right doctor or therapist, finding the best tax preparer or tax advisor for your situation can take time. A tax attorney has demonstrated expertise in areas of federal and/or state tax preparation and complex tax planning. How can you get in touch with the tax preparer during tax season and the off-season? FAQs about finding a tax preparerShould I hire a tax preparer even if I have a simple tax situation?

Persons: —, Kristine Stevenson Seale, Seale, It's, Danny Werfel Organizations: Service, IRS, Society of Accountants, Better Business Locations: Austin , Texas, Chevron

☆ 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

☆ OpenAI rolls out the full version of o1, its hot reasoning model
▼ + stars: | 2024-12-05 | by ( Blake Dodge | ) www.businessinsider.com time to read: +2 min

AdvertisementOpenAI released the full version of its o1 reasoning model on Thursday. The o1 model, initially previewed in September, is now multimodal, faster, and more precise. On Thursday, OpenAI released the full version of its hot new reasoning model as part of the company's 12-day sprint of product launches and demos. The latest version is more accurate, faster, and multimodal, OpenAI CEO Sam Altman said during day one of the company's live stream. It makes major mistakes about 34% less often compared to the o1 preview mode, per an internal evaluation.

Persons: OpenAI, Sam Altman, execs, Marc Andreessen, Altman Organizations: Microsoft, o1, Tech

☆ Morgan Stanley upgrades Hewlett Packard Enterprise, sees stock surging nearly 30%
▼ + stars: | 2024-12-05 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +1 min

Hewlett Packard Enterprise poses an "attractive near-term value proposition" with its upcoming acquisition, according to Morgan Stanley. Ahead of HP's earnings report Thursday after the bell, analyst Meta Marshall upgraded shares to overweight from equal weight. Marshall also raised her price target to $28 from $23, indicating 28.6% upside potential from Wednesday's close. HPE YTD mountain HPE year to date Shares are up 28.2% in 2024. Eight of 18 analysts covering HPE rate it as a buy or strong buy, according to LSEG.

Persons: Morgan Stanley, Meta Marshall, Marshall Organizations: Hewlett, Enterprise, HP, Juniper Networks, Juniper

☆ Morgan Stanley upgrades Hewlett Packard Enterprises, sees stock surging nearly 30%
▼ + stars: | 2024-12-05 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +1 min

Persons: Morgan Stanley, Meta Marshall, Marshall Organizations: Hewlett, Enterprise, HP, Juniper Networks, Juniper

CNN —House Republicans voted on Thursday to block a Democrat-led effort to release a long-awaited Ethics Committee report on allegations against former GOP Rep. Matt Gaetz of Florida. The House took a step to effectively shut down a resolution from Democrats that would have required the public release of the report. Last month, before Gaetz withdrew, Republicans on the House Ethics Committee voted behind closed doors – and against the will of Democrats on the panel – not to release the results of the investigation at that time. After the vote, Johnson called the ethics report a “moot point” given that Gaetz is no longer a member of Congress. After the first vote, the House voted on a second, similar Democrat-led resolution seeking to compel the release of the report.

Persons: Matt Gaetz, Donald Trump’s, headwinds, Gaetz, Tom McClintock, California –, Mike Johnson, Johnson, “, ” Organizations: CNN — House Republicans, Democrat, GOP, Senate, Republicans, Republican –, Florida Republican, Trump Locations: Florida, California

☆ You only need one thing to ace an interactive AI interview, says CEO who makes them
▼ + stars: | 2024-12-05 | by ( Natalie Wu | ) www.cnbc.com time to read: +1 min

Whether you like it or not, if you're looking for a new job, you may be interviewed by AI soon. Founded just last year, California-based AI recruitment platform Apriora conducts up to 1,000 AI powered interviews every day for companies looking to hire for positions ranging from senior software engineers to electricians and baristas, Aaron Wang, the company's co-founder and CEO tells CNBC Make It. From scheduling to conducting interviews, Wang says Apriora's AI recruiting agent, Alex, which has been trained on "the entirety of the internet," automates the entire recruitment process. During interviews, Wang says Alex engages with candidates in a conversational manner, responding appropriately, much like a human recruiter would. Here's how Wang says you can best prepare for an AI powered interview:

Persons: Brent Orsuga, Aaron Wang, Wang, Alex Organizations: CNBC Locations: California

☆ Now it's up to French MPs to take responsibility: Ensemble's Caroit
▼ + stars: | 2024-12-05 | 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 EmailFrance is in a period of instability, now it's up to MPs to take responsibility: Ensemble's CaroitEléonore Caroit, an MP for the Ensemble alliance, discusses the collapse of the French government.

Organizations: France, Ensemble

☆ '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

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