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JD Vance is a man of many careers: attorney, author, senator, vice president-elect, and, perhaps less well-known, venture capitalist. For about six years between graduating from law school and becoming a United States senator from Ohio, Vance held various positions in the space before eventually starting his own fund, Narya Capital. Vance co-founded Narya Capital in 2019After two years, Vance broke out on his own, cofounding Narya Capital in 2019 with investments from Thiel, former Google CEO Eric Schmidt, and VC veteran Marc Andreessen. According to his vice president and senate disclosure forms, he has a stake in Narya Capital Fund I, Narya Capital Fund II, and Rise of the Rest Seed Fund. AdvertisementHis stake in Narya Capital Fund I is worth between $500,001 and $1 million.
Persons: JD Vance, Vance, doesn't, Peter Thiel's, Steve Case's, Boston —, Thiel, Eric Schmidt, Marc Andreessen, Narya, Vivek Ramaswamy's, Nayra, Luke Schroeder Organizations: United, Narya, Mithril, Narya Capital, cofounding, II, Narya's Capital, US Space Force Locations: United States, Ohio, New York, Silicon Valley, Boston, Narya, ValueBase, PitchBook
AdvertisementRandy McCabe left Google, and now he has earned over $1 million in five years on Fiverr. This as-told-to essay is based on a conversation with Randy McCabe, a 36-year-old freelancer, digital marketing agency owner, and former Google employee from Seattle. I found a new job, then I gradually started taking freelance digital marketing gigs on the side and later created my digital marketing agency. AdvertisementWorking for companies stressed me outAfter Google, I joined the cybersecurity startup Skybox Security as a digital marketing manager. One of the toughest challenges in transitioning from corporate to freelance work was the uncertainty of not having a guaranteed monthly paycheck.
Persons: Randy McCabe, McCabe, It's, I've, Fiverr, I'd, COVID, I'm, Tess Martinelli Organizations: Google, Fiverr, Agency, Big Tech Locations: Seattle, Skybox, tmartinelli
He got into sales at 16 and became a millionaire last year at 24. I did sales courses and seminars, which made me better and better with this skill set. Related storiesI was uncomfortable with people treating me differentlyEven before I became a millionaire, I noticed that people started treating me differently. Suddenly, the popular crowd — who never paid attention to me in school — started inviting me out. I didn't like that, and I didn't want to be treated differently because of my wealth.
Persons: Ben Grant, there's, , I'm, I've, we're Organizations: Learn, Lamborghini, Rover Locations: England, Sunderland, Dubai
Ashley Benefield. At the time, Ashley testified, she was preparing to move with her mother to an inherited home in Maryland. After an argument, Ashley testified, Doug struck her in the face and refused to leave when she asked him to. Speaking from the well of the courtroom, Ashley testified that she raised her weapon and told Doug to stop. But after a roughly two-minute re-enactment, she told Ashley — who appeared to be sobbing — to have a seat.
Persons: Ashley Benefield, , Doug Benefield, Suzanne O’Donnell, Dateline ”, Benefield, Ashley, Doug, O’Donnell, , ” O’Donnell, , Neil Taylor, Taylor, Jim Chatwin, Doug —, ” Ashley, Doug lunged, Ashley —, Rebecca Freel, puffy, ” Freel, Barbara Russell, Russell, ” Russell Organizations: Judicial, Dateline, “ Dateline, , NBC News Locations: Tampa, South Carolina, Florida, Maryland
“Italian Guy No. 2, so that I could have a friend to hang out with in Italy…”Ambika didn’t really expect Italian Guy No. Italian Guy No. And that’s how, a couple of weeks later, Ambika found herself cooking pasta at the Neapolitan home of Italian Guy No. And as Ambika fell slightly in love with Naples, she also fell all the more in love with Marco.
Persons: Ambika Mathur, Emily, Ambika, , Emily flit, Emily ”, she’d, , Guy No, ” Ambika, Italian Guy No, Italy …, Ambika didn’t, hadn’t, Italian Guy, Guy, Marco Di Fiore —, ” Marco, Marco, Ambika Mathur's, Marco Di Fiore, “ Marco, Riva superyacht, Brigitte Bardot’s, ’ ”, Ambika Ambika, Conca dei Marini, Amalfi, , Marco’s, ‘ Marco, , Ambika’s, it’s, Michelangelo, Marco —, Ambika can’t, I’m, he’s, ” “, It’s Organizations: CNN, Netflix, CNN Travel, Italian, LAX, Porsche, Marco, Locations: Paris, California, Los Angeles, Milan, Italy, Amalfi Coast, Italian, Naples, Amalfi, Neapolitan, It’s, Borgo, Posillipo, Napoli, Conca, Salerno, Rome, United States, Malibu, Beverly Hills, Orange County, SoCal, LA, San Diego, , Southern California, Praiano, Amafi, Massa Lubrense, Sorrento, , India
Several rallies against the Treaty Principles Bill are being staged in towns across the country as a nine-day march, or hikoi, moves to Wellington. An estimated 10,000 people marched through Rotorua, about 280 miles north of Wellington, New Zealand police said in a statement. The ACT New Zealand party, a junior partner in the governing center-right coalition government, last week unveiled the bill, which it had promised during last year’s election. Coalition partners the National Party and New Zealand First are only supporting the legislation through the first of three readings. Prime Minister Christopher Luxon reaffirmed on Thursday that his National Party would not support the bill’s progress beyond the first reading.
Persons: Hana, Rawhiti, Clarke, Christopher Luxon Organizations: British Crown, ACT New Zealand, Coalition, National Party, New Locations: New, Wellington, Rotorua, Wellington , New Zealand, Waitangi, New Zealand
LIMA, Peru — Chinese President Xi Jinping launched a weeklong diplomatic blitz of South America on Thursday by inaugurating a massive deep-water port in Peru, a $1.3 billion investment by Beijing as it seeks to expand trade and influence on the continent. Cranes at the Chancay megaport are seen behind a neighborhood in Chancay, Peru, last month. The rail project is estimated to cost $3.5 billion, according to Mario de las Casas, corporate affairs manager at Cosco Shipping Chancay Peru. Robert Evan Ellis, Latin America research professor at the U.S. Army War College, said that Chancay will make shipping between Latin America and China more efficient. China has overtaken the United States to become the largest trading partner of countries such as Peru.
Persons: Xi Jinping, Xi, Dina Boluarte, Chancay, Chris Bouroncle, Mario Ocharan, Mario de las, Trump, Robert Evan Ellis, , ” Ellis, Laura Richardson Organizations: Economic Cooperation, Initiative, Getty, El, Cosco Shipping, Chamber of Commerce, Mario de las Casas, U.S . Army, College, U.S . Southern Command, Global Times Locations: LIMA, Peru, South America, Beijing, America, Asia, Lima, Rio de Janeiro, Brazil, Peruvian, Chancay, AFP, China, Latin America, Cosco Shipping Chancay Peru, Europe, Washington, United States, China’s
Despite its name, it won’t actually be a “department,” like the Department of Education or the Department of Homeland Security. “From the outside, will Musk and Ramaswamy be able to do a whole lot? During a late-October town hall on X, Musk suggested his ideal spending cuts could trigger economic pain for people. Democrats acknowledged they had little ability to prevent the Trump administration from enacting the changes Musk and Ramaswamy suggest. “In this second term in particular, President Trump has a better understanding of what needs to be done and how to do it,” Schatz said.
Persons: Donald Trump’s, Elon Musk, Vivek Ramaswamy, ” —, Ramaswamy, Trump, , ” Musk, Max Stier, ” Stier, Musk, , MacGuineas, Joe Spielberger, ” Ramaswamy, Tucker Carlson, ” Sen, John Fetterman, “ It’s, Trump’s, , they’re, Elon, Vivek, ” Spielberger, he’s, Lisa Gilbert, “ Musk, , Sen, Elizabeth Warren, Dean Phillips Organizations: Trump, “ Department, Government, Department of Education, Department of Homeland Security, White, Management, Budget, Partnership for Public Service, Social Security, Federal, Roivant Sciences, GOP, NBC News, FBI, Alcohol, Tobacco, Firearms, Explosives, Education Department, Nuclear Regulatory Commission, Food and Nutrition Service, Agriculture Department, Democrats, Senate, , SpaceX, NBC, Twitter, Elon, Public Citizen, Democratic, Democrat Locations: Government
Burgers at McDonald's could soon involve fewer greenhouse gas emissions thanks to a new cattle feed. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. McDonald's is working with seed company Syngenta and Lopez Foods, one of McDonald's meat suppliers, to feed cattle Syngenta's Enogen corn, the companies said in a statement on Thursday. Related Video How McDonald's is using data and its loyalty program to make new promotions like the adult Happy MealThat easy digestibility could mean fewer greenhouse gases, which contribute to global warming. McDonald's global sales were down during the company's third quarter as many consumers saved money by eating at home.
Persons: chow, Syngenta, Lopez, Enogen, McDonald's, It's, McDonald's Kendra Levine Organizations: Service, Mac, Lopez Foods, Environmental Protection Agency, Sustainability, McDonald's Locations: McDonald's
Here's why Steve Weiss likes Netflix
  + stars: | 2024-11-15 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Steve Weiss likes NetflixSteve Weiss, founder and managing partner at Short Hills Capital Partners joins CNBC’s “Halftime Report” to explain why he'd buy Netflix even though it hit a record-high yesterday.
Persons: Steve Weiss Organizations: Short Hills Capital Partners, Netflix
The Big Four — EY, Deloitte, KPMG, and PwC — are the world's largest accounting and consulting firms. AdvertisementDeloitte, EY, KPMG, and PwC are the world's largest accounting and consulting firms, known as the Big Four. The Big Four offer companies services such as workforce transformations, reshaping corporate finance portfolios, assurance, valuation, and optimizing the use of technology. AdvertisementThough not as stark a slowdown as Deloitte or EY, growth at PwC still dropped noticeably compared to the 9.9% rise reported for the previous 12 months. In February 2024, it unveiled a tax AI assistant for 2,300 PwC tax professionals in the UK to use.
Persons: PwC, , Antonia Wade, EY, Ernst & Young, Janet Truncale, Carmine Di Sibio, Jack Taylor, Joe Ucuzoglu, Jim Spellman, Price Waterhouse, Mohamed Kande, Bill Thomas, Liam McBurney Organizations: Deloitte, KPMG, Service, EY, Ernst, Getty, Revenue, Assurance, PwC, Deloitte Deloitte, Deloitte Global, Equity, Nvidia, Google, AWS, Coopers, Street Journal, Big Locations: London, PwC, Asia, Pacific, Amsterdam
Musk reposted on Wednesday a list of cuts from Sen. Rand Paul, a longtime critic of the federal budget. Elon Musk is on the hunt for federal spending to cut — and a Republican senator's list caught his eye. A prior report highlighted $50 million of US funding for Tunisia's tourism industry, meant to help it increase visitor numbers through 2026. AdvertisementThe 2023 report outlined a USDA study on whether Labrador fur color affects their body temperature, while the 2022 report highlighted a Cornell University study on social communication between parrots. But Musk has emphasized his desire to do identify wasteful spending in public, culminating in a leaderboard of spending deemed wasteful.
Persons: Elon Musk, Donald Trump, Rand Paul, Sen, Rand Paul of Kentucky, crosshairs, Musk, Vivek Ramaswamy, Paul Organizations: of Government, DOGE, Republican, Department, Government, Musk's America PAC, America PAC, Department of Homeland Security, Department of Transportation, Cornell University, National Institutes of Health, NIH, National Institute of Allergy Locations: Sen, Esna, Egypt, Labrador, South Carolina
AdvertisementThis as-told-to essay is based on a conversation with Setu Shah, founder of Financial Doula. Here are the three items that all parents should budget for during the first year and beyond. Physical and mental healthIn the first year postpartum, there are so many small supports that can help parents, especially moms. AdvertisementSometimes, women need help in justifying these costs, especially if their male partner is making more money than they are. These 2 questions can help open money conversationsHaving a baby brings a lot of financial stress that many couples haven't faced before.
Persons: Setu Shah, , I'd, I've, haven't, I'm Organizations: Service
YouTube is adding a "gifting" feature for vertical livestreams that allows users to purchase digital gifts for streamers, similar to a feature that fuels livestream sales on TikTok. Related Video TikTok could be banned in US after House voteTikTok's LIVE Gifts feature operates similarly. Livestream e-commerce in the United States is expected to grow to $68 billion by 2026, according to Statista, a data research firm. AdvertisementGoogle is also looking to expand its own shopping feature. YouTube Shopping allows creators to make "collections" of products that viewers can purchase.
Persons: TikTok, ByteDance Organizations: YouTube, Google, Forbes Locations: China, TikTok, United States, livestreams, Culver City , California, Indonesia
Video: New Zealand MPs disrupt parliament with haka
  + stars: | 2024-11-15 | by ( Ak Pohlers | ) edition.cnn.com   time to read: +1 min
New Zealand MPs disrupt parliament with hakaThe New Zealand Parliament was suspended after Maori members staged a haka to disrupt the vote on a contentious bill to reinterpret an 184-year-old treaty between the British and Indigenous Maori. First signed in 1840 between the British Crown and more than 500 Maori chiefs, the Treaty of Waitangi lays down how the two parties agreed to govern. The interpretation of clauses in the document still guides legislation and policy today. Rulings by the courts and a separate Maori tribunal have progressively expanded Maori rights and privileges over the decades. The ACT New Zealand party, a junior partner in the ruling center-right coalition government, proposed a bill to enshrine a narrower interpretation of the Waitangi treaty in law.
Organizations: British Crown, ACT New Zealand Locations: Zealand, Waitangi
When asked how they racked up so much debt, the couple mentioned emergencies like a flood, a car accident and other unexpected costs. They could feasibly tap their savings and investments to wipe out their credit card debt almost immediately. Yet they also owe $40,000 in credit card debt, they told self-made millionaire and money expert Ramit Sethi on a recent episode of his "Money for Couples" podcast. Even high earners can find themselves under a mountain of credit card debt if they let their spending go unchecked. Then, they can institute a standard operating procedure with rules, such as putting cash windfalls toward their credit card debt or discussing purchases over a certain price.
Persons: Sethi, Megan, Ramit Sethi, Jason, You've, Jason wasn't, it's Organizations: Formula, CNBC
the answer for many older voters ages 50 and over was "no," according to a new post-election poll released by the AARP. Almost half — 47% — of voters ages 50 and over said they are "worse off now," the research found, while more than half — 55% — of swing voters in that age cohort said the same. Among voters 50 to 64, Trump won by seven points. With voters ages 65 and over, Vice President Kamala Harris won by two points. Interviews were conducted with 2,348 "likely voters" in targeted congressional districts following Election Day between Nov. 6 and 10.
Persons: Donald Trump, Trump, Kamala Harris, Fabrizio Ward, Bob Ward, Ward Organizations: AARP, Finance, Research, Republican Locations: Bethlehem , Pennsylvania
CNN —A Russian-controlled segment of the International Space Station is leaking, allowing pressure and air to bleed out. The situation has reached a fever pitch as cosmonauts scramble to patch problem areas and officials from Russia’s space agency, Roscosmos, and NASA disagree about the severity of the problem. Looming space station issuesNASA has contingencies in place for crew safety, but the space agency is also grappling with the fact that the leaking Russian module may pose a threat to the safety and longevity of the space station. In addition to Roscosmos, they include the Canadian Space Agency, European Space Agency and Japan Aerospace Exploration Agency. Still, it’s not clear whether the commercial destinations will be ready before the space station is forced to retire.
Persons: CNN —, , , Bob Cabana, Roscosmos, ” Cabana, Cabana, Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, NASA's, Aubrey Gemignani, ” Roscosmos, , “ We’ve, ” Barratt, “ It’s, Oleg Novitskiy, Barratt —, Dana Weigel, compadres, Barratt, Don Pettit, Pettit, Sunita Williams, Butch Wilmore, Nick Hague, Aleksandr Gorbunov, Jeff Bezos, it’s Organizations: CNN, International, NASA, NASA’s, ISS, SpaceX, NASA's Kennedy Space Center, United, , Roscosmos, Space Station NASA, Zvezda, Station, Space Station, Russian Soyuz, Soyuz, SpaceX Crew, Canadian Space Agency, European Space Agency, Japan Aerospace Exploration Agency, Origin Locations: Zvezda, United States, Russia, Florida, Russian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPivoted more to Alphabet due to outperformance of Meta, says MoffettNathanson's founding partnerMichael Nathanson, MoffettNathanson founding partner and senior research analyst, joins 'The Exchange' to discuss Meta's investing thesis compared to Alphabet, Zuckerberg's confidence in Meta, and much more.
Persons: Michael Nathanson, MoffettNathanson Organizations: Meta Locations: Meta
If you're going to try the city's famous hot chicken, do it right — and learn some of the history first. Not all Nashville hot chicken is the same. bhofack2/Getty ImagesIf there's one thing that's more synonymous with Nashville than music, it's hot chicken. Today, hot chicken pops up on menus across the city with all sorts of variations, but the dish has a long history in the Black community of Nashville. And I definitely think it's worth making the trip to Prince's to get the original hot chicken.
Persons: It's, Prince, casanova Thorton Prince, Prince Jeffries , Organizations: Nashville Locations: Nashville, Black, Southern foodways, Prince's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market pullback this week was 'quite natural,' says Obermeyer's Ali Flynn PhillipsAli Flynn Phillips, Obermeyer Wood president and partner, and Stephanie Link, Hightower Advisors chief investment strategist and CNBC contributor, join 'Closing Bell' to discuss where the markets will go after the post-election rally, how the Fed should handle rate cuts going forward, and more.
Persons: Obermeyer's Ali Flynn Phillips Ali Flynn Phillips, Obermeyer, Stephanie Link, Hightower Organizations: Hightower Advisors, CNBC
Goldman Sachs named 95 partners last week, including private wealth exec Brittany Boals Moeller. AdvertisementBrittany Boals Moeller, one of Goldman Sachs' newly minted partners, didn't picture a career in finance when she joined the bank 17 years ago. The 39-year-old is based in Atlanta and runs the Southeast region of Goldman Sach's private wealth division. While wealth management clients skew older, the division has a pipeline of rich millennial founders who work with the investment banking arm. Goldman Sachs' family office offering, Apex, launched a few years later.
Persons: Goldman Sachs, Brittany Boals Moeller, , I've, Goldman, Boals Moeller, John Mallory, Tucker York, Ciara, Marc, Kwesi Farrell, John Paul DeJoria, Michelle Hynik, It's Organizations: Service, New York University, Goldman, Catering, Utah Royals, Advisors Locations: Jonesboro , Arkansas, Atlanta, Apex, Deer Valley, Copenhagen, Deer
Palantir jumps 11% to a record after announcing move to Nasdaq
  + stars: | 2024-11-15 | by ( Ari Levy | ) www.cnbc.com   time to read: +3 min
Alex Karp, CEO of Palantir Technologies speaks during the Digital X event on September 07, 2021 in Cologne, Germany. Palantir shares continued their torrid run on Friday, soaring 11% to a record, after the developer of software for the military announced plans to transfer its listing to the Nasdaq from the New York Stock Exchange. The shares are now up more than 45% since Palantir's better-than-expected earnings report last week and have almost quadrupled in value this year. Palantir said late Thursday that it expects to begin trading on the Nasdaq on Nov. 26, under its existing ticker symbol "PLTR." Thiel's Palantir holdings have increased in value by about $3 billion since the earnings report and $2 billion since the election.
Persons: Alex Karp, Palantir, Alexander Moore, 8VC, " Moore, Moore, didn't, Maven, Trump, Peter Thiel, Donald Trump's, Thiel Organizations: Palantir Technologies, Nasdaq, New York Stock Exchange, Maven, ., Department of Defense, Trump, P Global, Argus Research Locations: Cologne, Germany
At 50, Jennie Young started using several dating apps and felt that they were all toxic. The Burned Haystack Dating Method began as an academic project and now has a Facebook group with over 128,000 members. In February 2023, she started a Facebook group for the Burned Haystack Dating Method. Articles from 2024 alone included: "It's Not You: Dating Apps are Getting Worse" in The New York Times; "America is Sick of Swiping: Dating Apps are Falling Back to Earth" in The Atlantic; and "Why Gen Z is Ditching Dating Apps" in Time. The project evolved into a new dating method that I named the Burned Haystack Dating Method.
Persons: Jennie Young, Young, , I'm, I've, swiped, swipes, it's, Albert Fox Cahn, Cahn, respresentive, Bumble Organizations: Service, University of Wisconsin, The New York Times, Facebook, Match Group, Match Locations: Green, The
The tactic, known as "tax-loss harvesting," involves selling losing brokerage account assets to claim a loss. "Tax-loss harvesting is a tried and true strategy to lower investors' tax bills," said certified financial planner David Flores Wilson, managing partner at Sincerus Advisory in New York. "Investors can benefit substantially over time" by tax-loss harvesting consistently throughout the year, Wilson said. What to know about the wash sale ruleTax-loss harvesting can be simple when you're eager to offload a losing asset. How exchange-traded funds can helpWhile the wash sale rule is a challenge, exchange-traded funds, or ETFs, can help investors avoid trouble with the IRS, experts say.
Persons: David Flores Wilson, Wilson, George Gagliardi, Gagliardi Locations: New York, Lexington , Massachusetts
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