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AdvertisementAshley Tan got a job at JP Morgan in Singapore after graduating from university. This as-told-to essay is based on a conversation with Ashley Tan, 29, who quit her job at JP Morgan Singapore to travel. After graduating from university, I went straight to work and took a role at JP Morgan for the company name. I joined JP Morgan because of it's prestigeI was hired by JP Morgan in December 2022 as an events and marketing analyst. It was scary, but I officially quit JP Morgan in March because I knew I'd regret it if I didn't take the risk.
Persons: Ashley Tan, Tan, It's, I've, JP Morgan, Morgan, I'd, it's, it'll, I'm, what's, you've, Tess Martinelli Organizations: Morgan, JP Morgan, JP, Singapore Locations: Singapore, JP Morgan Singapore, Bali, Europe, Australia, tmartinelli
And while the past year has been challenging, this strategy is paying off, according to Jasper Brodin, CEO of Ikea's parent company, Ingka Group. "People have the same needs, but they have much less money in their wallet," he added. AdvertisementHowever, Ikea has benefited from investing in low prices because it has attracted more shoppers away from pricier rivals. AdvertisementBecause of this, he said that Ikea customers are largely engaging in needs-based shopping, picking up the necessities first, like a new bed or kitchen table, instead of non-essential items. "There is a large stimulus package coming from the government right now, which is helping, but people have been holding on to their money," Brodin said.
Persons: Jasper Brodin, — Brodin, , Nora Redmond, lockdowns, Brodin Organizations: Ikea, Ingka, Oxford, Starbucks Locations: London, China
AdvertisementCompetition from driverless taxis could reduce Uber and Lyft drivers' earnings in the years to come. Many drivers told BI that the gig has become less profitable recently due to increased competition. As the adoption of driverless taxis spreads across the US, ride-hailing experts told Business Insider that Uber and Lyft drivers could see their earning opportunities slowly deteriorate. Garin said that many ride-hailing drivers work part-time and don't rely on the gig as their primary source of income. A Lyft spokesperson did not respond to BI's question about the impacts driverless taxis could have on ride-hailing drivers.
Persons: Carl Benedikt Frey, Frey, Waymo, Uber, robotaxis, Andrew Garin, Garin, who've, Lyft, Sergio Avedian, Guy, Bernstein, Nicole Moore, Lindsey Cameron, we've, we're Organizations: Oxford Internet Institute, Drivers, Carnegie Mellon University's Heinz, Atlanta, Phoenix, Mobileye, Wharton School, University of Pennsylvania Locations: San Francisco, Phoenix, Las Vegas, Los Angeles, Austin, Aurora, China
According to a Goldman Sachs estimate, the industry is worth around $250 billion and could grow to $500 billion by 2027. "The market may be expanding, but competition is fierce," Tachat Igityan, the CFO and founder at Destream, a payment platform for content creators, told Business Insider. Advertisement"The algorithm, it gets really frustrating," Tufte told BI. "The $250 billion influencer economy might sound huge, but it doesn't mean all influencers are raking it in," Murray said. She said she thinks this is the way most content creators will go.
Persons: Goldman Sachs, Julia Montgomery, Marisa Kay, Ruby Tufte, Tufte, she's, Dominic Smales, Kim Murray, Murray, Smales, , influencers Organizations: BI, YouTube, Gleam, GloMotion Studios, Virality, Brands Locations: TikTok
But I don't regret my decision to graduate a year early from high school. It was disappointing to think that the moment I always envisioned marking the end of high school would look very different. But that was overshadowed by the promise of not having to return to high school again. I finished high school at the end of July and started college a week after I turned 17. Five years ago, my daughter Skyler decided to graduate from high school early.
Persons: It's, Diana's, nodded, Joy —, Jill, Julie, Joyce, Skyler, , You've Locations: California
But even with Trump’s gains among men, women still had greater leverage to decide the election’s outcome. Both the exit polls and VoteCast showed her winning 57% of white women with at least a four-year college degree. Solid majorities of Black, Latina and college-educated White women described Trump in the exit poll as “too extreme,” as did over two-fifths of the White women without a college degree. But among the White women without a college degree who described Trump as “too extreme,” almost 1 in 5 voted for him anyway. Though many women are expressing unease about mass deportation, Trump’s claim that immigrants are driving crime may provide him considerable leeway to pursue his agenda, particularly among the blue-collar White women who proved most receptive to that argument.
Persons: Donald Trump, Kamala Harris, Joe Biden’s, Harris, , Jenifer Fernandez Ancona, Trump, , Biden, Joe Rogan, NORC, VoteCast, Harris’s, John Kerry, George W, Bush, White, Chip Somodevilla, Court’s Dobbs, Voters “, , , pollster Nicole McCleskey, Dobbs, Harris ’, , pollster Christine Matthews, Jackie Payne, ” Payne, Will Lanzoni, Bill Clinton, Robert F, Kennedy Jr, Mifepristone, Matthews, ambivalently, Tresa Undem, , Trump’s, Fernandez Ancona, can’t, Hillary Clinton Organizations: CNN, Trump, Edison Research, AP, Gallup, Democratic, Biden, Santander Arena, Nationwide, Wall, White, Latina, Voters, Republican National Convention, Republican, GOP, Congressional, Republicans, White House, Trump ., Human Services Department, Pew Research Center, Pew, Locations: Michigan , Pennsylvania, Wisconsin, Reading , Pennsylvania, Michigan, Pennsylvania, Nebraska, Milwaukee , Wisconsin, America
‘Reel’ is a love letter to the Harlem Renaissance — and Black creativesRyan remembers the exact moment she was inspired to write most of her books. “These Black women with these big afros, just unapologetically gorgeous, because that’s something that defies what culture tells us about ourselves. “I wanted women who are living with chronic illness, specifically lupus, to feel beautiful, to feel loved, to feel like they weren’t too much,” she says. She describes her books as “Trojan horses” to “smuggle in discourse” and start difficult conversations readers may not usually have. Just a few months after the rerelease of “Reel,” Ryan will publish the third and final book in her “Skyland” series, “Can’t Get Enough,” out May 2025.
Persons: Kennedy Ryan, , ” Ryan, TODAY.com, , Ryan, Neevah Saint, Canon Holt, Dessi, Audie, Black creatives Ryan, Dorothy Dandridge, Halle Berry, Dandridge, Carmen Jones, Berry, Black, Kennedy, Black creatives, Billie Holiday, Ma Rainey, Bessie Smith, they’ve, ” Kennedy, Barnes & Noble, ” Kennedy Ryan, that’s, Neevah, there’s, ” What’s, Monk, Verity, I’ve, , I’m, she’s Organizations: Hollywood, Hachette, Harlem Renaissance, Harlem, Academy, Barnes &, Locations: Harlem, American,
The number was higher among young adults, with 37% of people ages 18 to 29 saying they turn to influencers for news. Pew surveyed 10,000 adults and analyzed 500 news influencers, which it defined as individuals who regularly post about current events and have over 100,000 followers on Facebook, Instagram, TikTok, X or YouTube. “And these influencers have really reached new levels of attention and prominence this year amid the presidential election.”The rise of social media influencers, and in particular news-focused creators, has been slowly embraced by politicians in recent years. The Republican convention in Milwaukee hosted more than 70 influencers as part of a content creator program. Donald Trump and Vice President Kamala Harris both appeared on podcasts hosted by popular online personalities ahead of the election.
Persons: , Galen Stocking, Barack Obama, Donald Trump, Kamala Harris, Trump, Theo Von ”, Joe Rogan, Harris, Alex Cooper Organizations: Pew, Facebook, , Pew Research Center, YouTube, Democratic, Republican, Heritage Foundation Locations: Chicago, Milwaukee
Australia’s Senate on Monday censured an Indigenous woman parliamentarian over her protest against King Charles during his visit to the parliament last month when she accused the British monarch of genocide. Thorpe’s protest was disruptive and she did not respect the democratic institutions, the motion said. “I’ll do it again, and I’ll do it every time,” Thorpe shouted in parliament when Simon Birmingham, the opposition leader in the Senate, was making his comments on the motion. She was told to recite the affirmation — a form of parliamentary oath that omits a reference to God — as written. Their ancestors arrived on the continent some 50,000 years before British colonists yet were marginalized during colonial rule and are not mentioned in Australia’s 123-year-old constitution.
Persons: King Charles, Lidia Thorpe, Charles ’, , , ” Thorpe, Simon Birmingham, Thorpe, Queen Elizabeth II, Organizations: Independent, Labor, Senate Locations: Australia’s, British, Australia
Labor leaders say Democrats need to rethink their approach to working-class voters. Former Fox News host Pete Hegseth’s attorney confirmed he paid a woman after she accused him of sexual assault. He also denied that the encounter between Hegseth and an unnamed woman, which she alleges happened in 2017, was sexual assault. 🏈 The Kansas City Chiefs’ undefeated season is no more as the Buffalo Bills beat their AFC rivals 30-21 at home. Bills quarterback Josh Allen threw for 262 yards with one touchdown and one interception as Buffalo improved to 9-2.
Persons: Pete Hegseth’s, Democratic Party ’ Donald Trump, Chip Somodevilla, Kamala Harris ’, , Brent Booker, ” Booker, Mike Johnson, Trump, Brendan Carr, Roy Rochlin, Donald Trump, , Parlatore, Dick Schoof, Nora Achahbar, NFL Gregory Bull, Greg Rosenstein, hird, 🐆 Organizations: Labor, Former Fox News, Union, Democratic Party, ’ International Union of, , Trump, Federal Communications Commission, Justice Department, FBI, Trump Pentagon, Fox News, NBC News, Washington Post, Authorities, Hegseth, Getty Images, Dutch, NFL, Los Angeles Chargers, Cincinnati Bengals, Sunday, NBC Locations: Amsterdam, Netherlands, West Palm Beach, Fla, Biden’s, ’ International Union of North America, Afghanistan, Hegseth’s, Monterey , California, Anadolu, Getty Images Amsterdam, Moroccan
Population density and topography obviously have a significant effect on construction costs. “There was also a lack of discussion over the chosen route, which could have followed existing highway corridors.”Rapidly rising construction costs have plagued major projects across the world in recent years. Signs placed on a fence by environmental activists protest against tree-felling operations for the HS2 rail link at Jones Hill Wood in Wendover, England, in April 2021. However, their efforts were in vain and only succeeded in significantly driving up construction costs. ‘Mutilated and pointless’Plans have been dropped for a proposed HS2 railway station at Meadowhall in Sheffield.
Persons: hoardings, Henry Nicholls, it’s, Christian Wolmar, , Ricardo Ferreras, , ” Ferreras, Wolmar, Chris Gorman, Wood, Mark Kerrison, Joe Giddens, Mike Kemp, Rishi Sunak, Anna Gowthorpe Organizations: CNN, Speed, Britain, WHOOSH, Station, London Times, ” Railway, CNN Travel, , Chiltern, New Economics Foundation, London Euston, Birmingham Airport, Crewe, Conservative, Labour, Birmingham, Sunak, Leeds, High Speed Rail, Hitachi, Alstom, Siemens, Euston, Treasury, Audit Office Locations: United States, Bordeaux, France, China, Japan, London, English, Birmingham, Jakarta, Bandung, London's, AFP, Britain, Ukraine, Europe, Spain, Great, England, Jones, Wendover, Buckinghamshire, Colne, Cross , Hertfordshire, Manchester, Leeds, Scotland, Wales, Euston, Crewe, Meadowhall, Sheffield, Midlands, Nottingham, Liverpool
But whether they are measured by income or educational attainment, President-elect Donald Trump won working-class voters overall while he made strong gains among nonwhite working-class voters like Hispanics and Asian Americans. As recently as 2012, non-college-educated voters were splitting their votes evenly or even slightly in favor of Democrats. But that has left the party’s leaders, donors, operatives and other decision-makers more removed from the lives of low- and middle-income workers, some labor leaders say. But there is widespread frustration that Trump outflanked Democrats to position himself as a champion of working people, as well as dissatisfaction with Democrats not limited to white or male union members. But that policy was not enough to overcome larger societal forces that have led many working-class voters to doubt Democrats’ commitment to their well-being.
Persons: Joe Biden, Kamala Harris ’, , Brent Booker, Booker, ” Booker, Donald Trump, Harris, Barack Obama, Trump, Republican recoiled, , Jimmy Williams, Liz Schuler, Schuler, ” Sen, Bernie Sanders, Biden, Will Stancil Organizations: Democratic Party, NBC, ’ International Union of, , Keystone Pipeline, Trump, Republican, International Union of Painters, Allied, ” Trade, , AFL, Democrats, Press, Teamsters, Democratic, International Association of Fire Fighters, International Longshoremen’s Association, United Mine Workers of, National Labor Relations Board Locations: Biden’s, ’ International Union of North America, Trump, China, Pittsburgh, United Mine Workers of America
The big storyA Copilot conundrumMicrosoft; Chelsea Jia Feng/BIMicrosoft's challenges with its flagship AI product could be another red flag for an industry with high hopes for the tech. Earlier this year, analysts at Barclays highlighted an under-the-radar risk to AI bets: the depreciation costs related to AI chips . A potential Trump trade plan beneficiary: US semiconductor jobs. If Trump's proposed trade plan is enacted, the American semiconductor industry could see hiring growth. Walmart might be just fine under Trump's proposed trade plan.
Persons: Copilot, Chelsea Jia Feng, Insider's Ashley Stewart, Satya Nadella didn't, doesn't, Ashley, It's, Sam Altman, Alistair Barr, Alyssa Powell, Jared Spataro, OpenAI, Biden, Carlyle, Will Matt Gaetz, Will Trump, Rob Arnott, Arnott, ANGELA WEISS, Trump's, Ilya Sutskever, Mira Murati, Rebecca Zisser, homebuyers, Trump, Bob Iger, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, New York.Milan Sehmbi Organizations: Business, Microsoft, Chelsea, Getty, Lumen Technologies, Barclays, Trump, Treasury, UFC, Republican, Getty Images, Elon, Spirit Airlines, JetBlue, Walmart, Walmart US, Shoppers, The Locations: Ukraine, Russia, Rio de Janeiro, New York, Chicago, London, New York.Milan
New York CNN —Young American adults are increasingly getting their news from social media influencers, a majority of whom are men and lean to the right, according to a new study from the Pew Research Center. On Facebook, there were three times as many explicitly conservative news influencers (39% to 13%), and on Instagram conservatives outnumbered liberals, 30-25%. “Many Republicans have long believed that social media sites censor conservative viewpoints. Social media influencers differ from trained journalists in how they report facts, often weaving their own views into current events or presenting opinions as reportable facts. The gender gap was found across most social media platforms, including YouTube, Facebook, X, and Instagram, where men outnumbered women two to one.
Persons: New York CNN —, , influencers ”, Joe Rogan, Alex Cooper, Kamala Harris, Donald Trump, ” Galen Stocking, ” Pew, influencers, they’ve, Trump, Pew, TikTok, Elon Musk, Bluesky Organizations: New, New York CNN, New York CNN — Young, Pew Research Center, Pew, , Trump, Facebook, Republicans, Social, YouTube Locations: New York, influencers, Beijing
A kulhad is a biodegradable, disposable clay cup used in India by food vendors to serve hot beverages like chai and some desserts like yogurt. The cups have been excavated from the Indus Valley as far back as the end of the Stone Age, 5,000 years ago. Lately, synthetic materials like plastic and paper have started replacing these clay cups, as they are cheaper and more convenient for vendors to acquire. But the clay cups still persist in India. We went inside a kulhad workshop outside Kolkata to see how the traditional clay cup business is still standing.
Locations: India, chai, Kolkata
AdvertisementRolls-Royce is in talks with potential customers for its nuclear reactors, per the Financial Times. The company said the reactors could provide energy for data centers, mining, and space missions. Rolls-Royce is in early-stage talks with potential customers for its compact nuclear reactors, which are designed to power data centers on Earth and one day to be sent into space, the Financial Times reported. Big Tech companies — including Google, Amazon, and Microsoft — have expressed interest in nuclear power to meet AI's high energy demands. In July 2024, Rolls-Royce was awarded funding from the agency's National Space Innovation Programme, or NSIP, for space nuclear power.
Persons: Royce, Jake Thompson, Microsoft —, Thompson Organizations: Financial Times, Business, Big Tech, Google, Microsoft, Royce, UK Space Agency, Innovation
The news Evercore ISI raised its Disney price target to $134 per share from $128, implying more than 16.5% upside from Friday's close. Big picture Evercore's Disney price target bump Monday joins a string of analyst PT hikes last week following strong earnings. The recent run in Disney stock is reflective of renewed confidence in management's ability to get its financial house in order. The next big streaming target is for Disney's entertainment direct-to-consumer business to achieve 10% operating margin in fiscal 2026. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Bob Iger, Iger, Jim Cramer, Jim, Jim Cramer's, Minnie Mouse, Disney Organizations: Disney, ISI, ESPN, CNBC Locations: Evercore
Getty ImagesAbout 1 in 5 Americans say they regularly get their news from "news influencers" on social media, according to a new study by the Pew Research Center. Social media site X remained the most popular, with 85% of influencer respondents reporting they were on the site. Risk of misinformationQuestions around the influence of independent social media creators on politics erupted prior to and after the presidential election. Both candidates utilized social media to reach younger voters, most notably when President-elect Donald Trump appeared on Joe Rogan's podcast and Vice President Kamala Harris joined the "Call Her Daddy" podcast — both podcasts with large followings on social media. Network interviews in recent elections have tended to be more combative than those conducted on independent podcasts or social media accounts, Darr said.
Persons: Galen Stocking, influencers, Basil Smikle, Smikle, Pew, Instagram, TikTok, Donald Trump, Joe Rogan's, Kamala Harris, Alex Cooper, Joshua Darr, Darr, Alaina, it's, Hurricane Helene, Wood, Joe Rogan, Matteo Recanatini, he's, That's, MAGA, Recanatini Organizations: Pew Research Center, CNBC, Democratic, Columbia, YouTube, Pew, Facebook, US, Republican, Trump National Doral, Getty Locations: Syracuse, Tennessee, Trump National Doral Miami, Miami , Florida
Learn moreIt's the ultimate Texas showdown in tonight's Monday Night Football match-up between the Houston Texans and Dallas Cowboys. We've compiled everything you need to know about where to watch the Texans vs. Cowboys, including global live streaming options. Where to watch Texans vs. Cowboys in the USThe Texans vs. Cowboys game will air across ABC, ESPN, and ESPN2 in the United States. Check price at DAZNHow to watch Texans vs. Cowboys anywhereAway from home and worried about missing out on the game? Check price at ExpressVPNHow to watch Texans vs. Cowboys with a VPNSign up for a VPN if you don't have one.
Persons: We've, It's, Fubo, ExpressVPN Organizations: Business, Houston Texans, Dallas Cowboys, Texans, . Cowboys, AFC, Cowboys, NFC, T, Texas, NFL, US, ABC, ESPN, ESPN2, DirecTV, Sling, ESPN3, DirecTV Stream Locations: Texas, Arlington , TX, United States, China
Cramer's Lightning Round: Eli Lilly is a buy
  + stars: | 2024-11-18 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Eli Lilly : "This stock is as hated now as it was loved not that long ago...I think that it is a buy." Cameco : "It is an incredibly expensive stock versus the rest of the market...I am a 'ka-ching ka-ching' when it comes to Cameco." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter. Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in the market. Disclaimer The CNBC Investing Club Charitable Trust holds shares of Eli Lilly and Apple.
Persons: Eli Lilly, Jim Cramer's Organizations: Texas, CNBC, Club, Club Charitable Trust, Apple
This is the best Away Black Friday sale we've ever seen from the brand. Below, we've highlighted some of the best Away Black Friday deals on our favorite products. We particularly like the brand's Bigger Carry-On Flex and Aliminum Carry-On; we named both top picks in our guide to the best carry-on bags. Away's Carry-On and Bigger Carry-On bags used to have the option to add an ejectable battery for charging items on the go. Check out our roundup of all of the best Black Friday deals.
Persons: you'll, let's, they've Organizations: Business, TSA
New York CNN —Tropicana customers are in revolt over an orange juice bottle redesign. In July, Tropicana’s sales dropped 8.3% from the year prior, according to sales data by market research firm Circana shared with CNN. Tropicana's customers have expressed frustration at the new bottles. It’s more of a generic structure.”Tropicana's old carafe bottle design. “I had been a loyal customer for decades but now you lost me.”“I do not like the new bottle design,” another posted on Reddit.
Persons: Circana, you’ve, , Steve Lamoureux, Peter Clarke, ” Clarke, , Tiffany Hagler, Lamoureux, we’re, it’s, that’s, Joe Biden, ” Lamoureux Organizations: New, New York CNN, Tropicana, OJ, CNN, Coca, Brand, Product Ventures, Geard, Bloomberg, Getty, Tropicana Brands Group, Tropicana Brands, Tropicana OJ, Companies Locations: New York, Orange
AdvertisementThe growing ranks of boomers aged 65-plus could spark a boom in the senior housing market. It says this will drive strong demand for senior housing facilities, including assisted living, independent living, skilled nursing, and memory care. "That makes senior housing a compelling option for investors looking to break away from traditional property investment." Census Bureau/Capital EconomicsMeanwhile, around 11% of those over the age of 65 are currently living in a form of senior housing, according to the American Senior Housing Association. Related storiesRents, meanwhile, are seeing a strong uptrend, thanks to the supply of senior housing growing tighter after the pandemic.
Persons: that's, Imogen Pattison, Pattison Organizations: Capital, Capital Economics, Census, American Senior Housing Association, MAP
AdvertisementApple has increasingly used its own silicon chips in its devices in recent years. Apple says it has a "secret weapon" in its approach to making the chips that power many of its devices. The company also benefits from making chips strictly for its own use rather than being a traditional chip-maker that sells to other companies, Millet said. Apple's newest Macs are based on Apple's latest silicon chips, the M4 line. AdvertisementMillet said Apple silicon takes advantage of "three major components, the architecture, the design, and the process technology."
Persons: Apple execs, Apple's, Apple, Don McGuire Tim Millet, Tom Boger, Boger, Millet, Tim Cook, Biden's, TSMC Organizations: Apple, Indian Express, Mac, Qualcomm, Intel, Imagination Technologies, M4, BI Locations: Arizona, Phoenix , Arizona
AdvertisementMen far outnumber women as news influencers on social media, per a new Pew Research Center study. That gender skew is showing up again in the latest platform for news: social media. That gender gap stands out for a few reasons:First, there's a much narrower gender divide (51% male and 46% female) among working US journalists, per a 2022 Pew survey. In Pew's analysis, there was a much smaller (and flipped) gender gap in the overall audience for news content on social media among young people. YouTube had the biggest gender gap, while TikTok's was minimalThe gender divide among news influencers was fairly consistent across all platforms in Pew's study.
Persons: Walter Cronkite, Edward R, Murrow, Mark Penn Pew, Izea, influencers, Donald Trump, JD Vance, Joe Rogan, Adin Ross, John Della Volpe, bro, Trump, Kamala Harris, Alex Cooper, Influencers, Nabela Noor, Chip Somodevilla, Harris, Howard Stern, Galen Stocking, TikTok's Organizations: Pew Research Center, Pew Research, Journalism, Pew, Harvard Kennedy School Institute of Politics, Democratic National Convention, Spotify, Apple, YouTube
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