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AdvertisementIn an email to subscribers, Ark Invest highlighted its exposure to Elon Musk's private companies. Its venture fund includes stakes in SpaceX, X, and xAI, totaling nearly 15% of net assets. Ark Invest hyped Musk's influence with Donald Trump, saying his companies could also benefit. SpaceX was Ark Venture Fund's largest holding, with about 13% of assets, worth an estimated $8.7 million. In a recent interview, Winton illuminated the factors that drove Ark's investments in Musk's companies.
Persons: Elon, Donald Trump, Elon Musk, Brett Winton, Elon Musk's, Ark, xAI, Trump, Musk, He's, Winton Organizations: Ark Invest, SpaceX, Ark, Elon, Invest, ARK Venture Fund, Ark Venture, Trump megadonor, Trump's, Winton Locations: Elon, United States
Stross is the president and co-founder of Greenhouse, the hiring platform, and has seen a lot of tech and AI advancements in hiring since his business launched in 2012. And so you feel pressure that if you're not applying to tons of jobs, you're falling behind." New tech can enable bad hiring practicesAnother issue is that businesses are leveraging hiring tech to post more job openings, even if they're not for roles they're actively hiring for. Another strategy: Reach out to first- or second-degree LinkedIn connections at companies you're actively applying to. Hiring tech can limit bad actors and highlight positive experiences
Persons: Jon Stross, he's, isn't, Stross, Greenhouse, they're Organizations: Greenhouse, CNBC
AdvertisementNicole Sunderland has been to all 50 US states and has a few suggestions for first-time visitors. Michigan, Florida, Alaska, Hawaii, and Utah are her top picks for first-time visitors. From lush forests to scenic seaside drives and iconic skylines, the US has something for every type of traveler. With visitors able to experience multiple landscapes in one trip, it's no surprise the country was touted as the top tourism destination in the World Economic Forum's Travel & Tourism Development Index 2024. If you're a first-time visitor in need of some inspiration, here are five states you could add to your itinerary for a mix of popular and off-beat experiences, according to Nicole Sunderland.
Persons: Nicole Sunderland, it's, Nicole Sunderland —, , she's Organizations: Tourism, United States Travel Association's, Sunderland, Business Locations: Michigan, Florida, Alaska, Hawaii, Utah, Portland , Oregon, New York, Boston, San Francisco, America, California
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
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMid-caps: Here's why Neil Hennessy thinks they're the best place to find value right nowNeil Hennessy, chief market strategist at Hennessy Funds, joins CNBC's 'The Exchange' to discuss his outlook on the economy, what he's looking for in stocks as the market movement slows down, and more.
Persons: Neil Hennessy, they're, Hennessy Organizations: Hennessy Funds
Last week, Klarna made a confidential filing to go public in the U.S., ending months of speculation over where the Swedish digital payments firm would list. Still, the development drew buzz from fintech circles with market watchers asking if the move marks the start of a resurgence in big fintech IPOs. For now, that doesn't appear to be the case — however, founders say they'll be watching the IPO market, eyeing pricing and eventually stock performance. Hiroki Takeuchi, CEO of online payments startup GoCardless, said last week that it's not yet time for his company to fire the starting gun on an IPO. However, Zopa's CEO added that he's seeing signs pointing toward a more favorable IPO market in the next couple of years, with the U.S. likely opening up in 2025.
Persons: Hiroki Takeuchi, Zed Jameson, Klarna, they'll, Takeuchi, GoCardless, Lucy Liu, Airwallex, it's, Liu, Jack Zhang, We're, fintech IPOs, Navina Rajan, It's, Rajan, Jaidev Janardana, Janardana, that's Organizations: GoCardless, Bloomberg, Getty, Portugal —, CNBC, Summit, British, U.S Locations: LISBON, Portugal, U.S, Lisbon, Europe
Hugh Grant recently opened up about the challenges — and perks — of having kids later in life. Related Video"But I had them much too old in life you know, I started when I was 52," he said. AdvertisementHaving children later in life has helped him as an actor, Grant said. The dad of five, however, said that having kids is nice. She added that having children later also means that she's more emotionally secure.
Persons: Hugh Grant, Grant, Hill, Maria, Tinglan Hong, Anna Eberstein, Kelly Clarkson, Caitlin Weaver, Weaver, Ryan Crawley, Crawley Organizations: Business Insider, BI
Advertisement"Wicked," directed by Jon M. Chu, is a film adaptation of the iconic stage musical — well, just act one. Directed by Jon M. Chu ("Crazy Rich Asians") and starring Broadway and pop music's biggest legends — Cynthia Erivo and Ariana Grande, respectively — "Wicked" is a stunning act of adaptation. The stage musical version is also an adaptation, the looser kind, of Gregory Maguire's novel of the same name. AdvertisementAs in the stage musical, Glinda lends Elphaba the ugliest hat in her closet for a party. In the end, though, "Wicked" is one of the best musical adaptations recently put to screen.
Persons: Jon M, Chu, Cynthia Erivo, Ariana Grande's, It's, Broadway, Ariana Grande, Gregory Maguire's, Dorothy's, Glinda, Winnie Holzman, Dana Fox, Ariana, Giles Keyte, Erivo, doesn't, She's, Grande, aplomb, Jonathan Bailey, sycophants, Bowen Yang, Bronwyn James, Oscar, , it's, Elphaba, — it's, Peter Dinklage, Michelle Yeoh, Jeff Goldblum Organizations: Shiz University, Broadway, Universal Pictures, Universal
Roofing is also one of the fastest-growing jobs in the U.S., with nearly 15,000 jobs expected to be added each year over the next decade. She launched her own roofing business, B. Barela Construction, in February 2021. Her combined income from running B. Barela Construction and working in real estate is more than $70,000 (she declined to share her exact salary). Ahead of her fourth year in business, Tena says she hopes to scale the business into a full-time career. She attended Santa Fe Community College on and off between 1995 and 2002, waffling between entering business, law or real estate, but never finishing her bachelor's degree.
Persons: Bridgette Tena, Tena, they've, Tena's, Lino Barela, We're, Organizations: CNBC, U.S . Department of Labor, Santa Fe Community College, Realtors Locations: Santa Fe , New Mexico, U.S, Santa Fe, New Mexico, Denver , Colorado, Santa
Kennedy will likely have some influence over who the president-elect chooses for those roles, health policy experts said. Ultimately, Kennedy's influence over immunization policy could lead to an increase in diseases preventable by vaccines, several health policy experts told CNBC. Investors are already bracing for a crackdown on food policy, with shares of processed food companies, such as Pepsi and Coca-Cola , falling on Friday. Seigerman said "there is little precedent in recent history for HHS policy dictating or affecting FDA regulation or approval of drugs." In 2023, pharmaceutical companies spent nearly $3 billion on advertising for the 10 most promoted drugs.
Persons: Robert F, Kennedy Jr, Thomas Machowicz, Donald Trump, Kennedy, Trump, trifecta, Spokespeople, Brandon Guerrero, Christina House, Gostin, Josh Michaud, Lawrence Gostin, Michaud, he's, Genevieve Kanter, Kanter, Covid, Richard Frank, Frank, Evan Seigerman, Seigerman, Dave Latshaw, Latshaw, Drugmakers, Joe Biden's, Amy Campbell Organizations: Reuters, Department of Health, Human Services, Republican, HHS, Affordable, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, CNBC, CVS, Los Angeles Times, Getty, Health Defense, NBC News, FDA, NPR, Georgetown University, CDC, Vaccines, Children, Kennedy, NIH, University of Southern, Brookings Schaeffer Initiative, Health, pharma, RFK, BMO Capital, Pepsi, Trump, University of Illinois Chicago School of Law Locations: Phoenix , Arizona, U.S, Compton, Huntington Park, Kennedy ., University of Southern California
Robert F. Kennedy Jr.'s proposed appointment to lead the US Department of Health and Human Services could have big consequences for a booming weight-loss market. AdvertisementHis likely appointment comes at a pivotal moment for the weight-loss industry, as long-lasting shortages of drugs like Ozempic come to an end. When Farmbox launched in 2014 to deliver healthy food boxes and educate consumers about nutrition, "nobody wanted to invest in us," Tyrner-Dolce said. Doug Mills-Pool/Getty ImagesKennedy's crusade against Big Food could run up against Trump's pro-corporation agenda, though. AdvertisementWeight-loss companies could get more attention — at a costKennedy's focus on holistic chronic disease care, including obesity care, could see a renewed funding rush to the space.
Persons: Trump, Robert F, Kennedy Jr, Kennedy, he's, Obama, Ashley Tyrner, Dolce, Farmbox, FarmboxRx, Michelle Obama, SAUL LOEB, Kennedy's, Jeff Nobbs, Nobbs, Doug Mills, Elon Musk, Donald Trump Jr, podcaster Joe Polish, Brooke Boyarsky Pratt, There's, Knownwell Pratt, Pratt, John Stanford Organizations: Human Services, US Department of Health, National Institutes of Health, Food and Drug Administration, Trump, Big Pharma, Senate, Novo Nordisk, Centers, Medicare, Services, Getty, Street, Department of Health, US Department of Agriculture, Shack, Business, Big Food, Trump's, KFC, McDonald's, Fox, FDA, Moderna Locations: Pennsylvania, Washington
AdvertisementPhyllis Cavone, 76, and her 75-year-old husband are raising their three teenage grandsons. My husband, Francis, 75, and I pride ourselves on taking them to as many games and training sessions as we can. The mom said Christopher's older brother, Francis, 17, met them at the practice. When we were younger, we didn't think our retirement would look anything like it does now. AdvertisementCavone's baseball fan grandsons, Christopher, 13, Dominic, 15, and Francis, 17, when they were younger.
Persons: Phyllis Cavone, Cavone, it's, Francis, Christopher, Dominic, curveballs, Organizations: Business Locations: Orlando, Philadelphia, Pennsylvania, Florida
AdvertisementJocko Willink, a retired Navy SEAL and Brazilian jiu jitsu black belt, works out up to 3 hours a day. Exercises like push-ups, squats, and rucking are a part of his routine for overall strength and stamina. Whether you want to build muscle, burn fat, or live longer, some of the simplest exercises are the best place to start, according to retired Navy SEAL Jocko Willink. While he has a massive garage gym, Willink said the most tried-and-true exercises require minimal equipment. Movements like pull-ups, squats, sprints, and rucking (carrying weight) can help you put in the work without overcomplicating your workouts.
Persons: Jocko, Willink, Burpees, You've, Rucking Organizations: Navy
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPutin threatens nuclear weapons 'whenever he's trying to scare off Biden admin,' says Fred KempeFred Kempe, Atlantic Council president and CEO, joins CNBC's 'Money Movers' to discuss outlooks on geopolitical tensions as Putin issues a new doctrine to lower the threshold to use nuclear weapons.
Persons: Fred Kempe Fred Kempe Organizations: Putin, Biden, Atlantic
AdvertisementMy partner and I started dating while we were long-distance and communicated through phone calls. I realized that I missed talking to my friends this way, and started calling them more often. He preferred talking on the phone over texting, and over time I grew to prefer it, too. AdvertisementWe built our relationship through phone calls, and despite now living together full-time, it's still our preferred way to communicate when we're apart. But interestingly, 45% of men prefer phone calls, compared to only 29% of women.
Persons: There's, it's, I'd, I've, It's Locations: London, Australia, Greece
The return of DCM activity signals that borrowers are gearing up for corporate dealmaking to return. Goldman's global head of financing broke down the trends in an interview with BI. On Wall Street, corporate borrowing is on a roll. Many of those clients are large companies or organizations being advised by Goldman's investment bankers, which means the DCM business is directly reliant on deal flow. AdvertisementGoldman CEO David Solomon ran Goldman's leveraged finance group before taking over its financing business, including debt and equity capital markets and derivatives.
Persons: Goldman Sachs, Donald Trump, Vivek Bantwal, Bantwal, We've, we've, Goldman, David Solomon, David Solomon Jeenah Moon, Denis Coleman, refinancings, weren't Organizations: University of Pennsylvania's Wharton School, Getty, Underwriters, Wall, Bloomberg, Getty Images Goldman, Goldman, Blue
Police stand guard outside the West Kowloon Magistrates' Courts building before the sentencing against the 45 convicted pro-democracy activists charged under the national security law, in Hong Kong, China November 19, 2024. Hong Kong's High Court on Tuesday jailed 45 pro-democracy activists for up to 10 years following a landmark national security trial that has damaged the city's once feisty democracy movement and drawn criticism from the U.S. and other countries. A total of 47 pro-democracy activists were arrested and charged in 2021 with conspiracy to commit subversion under a Beijing-imposed national security law and had faced sentences of up to life in prison. The Chinese and Hong Kong governments say the national security laws were necessary to restore order after mass pro-democracy protests in 2019, and the democrats have been treated in accordance with local laws. Australia's Foreign Minister Penny Wong said she was "gravely concerned" about the sentence, and called on China to "cease suppression of freedoms of expression, assembly, media and civil society," in Hong Kong.
Persons: Benny Tai, Gordon Ng, Owen Chow, Penny Wong, Joshua Wong, Chow, Gwyneth Ho, Hendrick Lui, Elsa Wu Organizations: Hong, Authorities, Kowloon Magistrates Locations: Kowloon, Hong Kong, China, Hong Kong's, U.S, Beijing
AdvertisementAn anonymous celebrity has sued attorney Tony Buzbee, accusing him of an extortion plot. A mystery celebrity has accused the high-profile Texas attorney who is representing dozens of clients in sex abuse lawsuits against Sean "Diddy" Combs of orchestrating an extortion plot meant to destroy his reputation. "It is obvious that the frivolous lawsuit filed against my firm is an aggressive attempt to intimidate or silence me and ultimately my clients," Buzbee said. "The letters were sent seeking a confidential mediation in lieu of filing a lawsuit," Buzbee said. The lawsuit filed against my firm is a prime example of that.
Persons: Tony Buzbee, Sean, Diddy, Combs, John Doe, Buzbee, Quinn Emanuel, Buzbee's, Jane, drugging, Defendants, Plaintiff, Organizations: Los Angeles Superior Court, Business, Buzbee Locations: The Texas, Texas, Los Angeles, Houston, Brooklyn, New York
Jack Black, who starred as Dewey Finn, is still a successful actor and musician. Jack Black in 2004 and 2023. Dave Hogan/Getty Image 2004 ; Albert L. Ortega/Getty Images 2023Prior to rocking out and pretending to be Mr. Schneebly in "School of Rock," Jack Black already had an impressive career. The actor also starred on HBO's "Tenacious D," which chronicled a fictionalized version of his rock duo with Kyle Gass. Outside of acting, Black and Gass have released several Tenacious D albums and videos.
Persons: Jack Black, Dewey Finn, Dave Hogan, Albert L, Ortega, Schneebly, He'd, Guy, HBO's, Kyle Gass, Black, Kong, Nacho, Kung, He's, Gass, Donald Trump, Mario, Ireland's JOE he'd, Mike White Organizations: Getty, of, School of, Mario Bros Locations: Orange
AdvertisementTrump is expected to nominate Howard Lutnick for Commerce secretary, according to the WSJ and CNN. Lutnick had previously been viewed as a frontrunner for the position of Treasury secretary. President-elect Donald Trump is expected to tap billionaire finance executive Howard Lutnick as his next Commerce secretary, according to the Wall Street Journal, CNN, and Axios. Commerce secretary will be a pivotal role in the Trump administration, given economic concerns played a key role in fueling Trump's victory. He's known Trump for decades, and has hosted fundraisers for the president-elect and appeared on TV as a surrogate.
Persons: Howard Lutnick, It's, Lutnick, Donald Trump, Linda McMahon, Trump, Cantor Fitzgerald, Elon Musk's Organizations: Trump, Commerce, WSJ, CNN, Wall Street Journal, WWE, World Trade Locations: New York, Commerce
Frozen food last a lot longer, and a chest freezer allows him to store many different meals at once. Cooking enough to feed a family of four for dinner and have leftovers usually requires preparing multiple big meals a week. AdvertisementFreezer-prepping not only gives his family more flexibility on when or what they eat but also saves Laielli money and time to pursue hobbies — a luxury for a busy parent. He saves money in a few waysLaielli said his freezer burritos total about $2 each. He said he saves money by using a lot of dry goods in his cooking, like beans.
Persons: Tim Laielli, Laielli, He's, Tim Laielli Laielli, sears Organizations: Taco Bell Locations: Texas
AdvertisementWith the threat of cutbacks, some government workers might look to shift to the private sector. Experts advise networking and making résumé adjustments for transitioning to private sector roles. She said she's already seen an uptick in inquiries from federal workers looking to beef up their résumés and explore life in the private sector. Stepped-up job growth in the private sector could worsen problems that some government agencies have had in attracting people, according to Poulson, the attorney. He said he would advise public sector workers who have a choice to consider how careers in government often span many power shifts in politics.
Persons: Donald Trump, Ayanna Jackson texted, revamps résumés, Jackson, she's, Elon Musk, Vivek Ramaswamy, , Laura Labovich, Labovich, You've, haven't, Richard Poulson, Willig, they've, Lisa Simon, Simon, it's, Poulson Organizations: White, AEJ Consulting, Department of Government, Williams, Davidson, Revelio Labs, Trump Locations: Washington, DC, Philadelphia
CNBC's Jim Cramer on Tuesday said the charts suggest that fears about President-elect Donald Trump's intentions to implement major tariffs on imports won't affect the market just yet, and the impact of any actual tariffs will be lessened if the market remains bullish. Cramer examined analysis by Jessica Inskip, director of investor research at StockBrokers.com. "The charts ... suggest that tariffs had little impact on the market until they actually materialized during Trump's first term — all the saber-rattling beforehand didn't do much damage," he said. "Even when the tariffs actually hit and the market sold off, we eventually erased those losses the moment that the Fed stopped raising interest rates. But the broader market reacted when Trump actually imposed them, balking at the idea that he had ignited a global trade war, Cramer added.
Persons: CNBC's Jim Cramer, Donald Trump's, Cramer, Jessica Inskip, she's, Trump, balking Organizations: Fed
Steven Guo launched his first business when he was 12 — "basically by accident," he says. In 2022, Guo sold one of his first businesses, a jewelry brand that brought in over $2 million in revenue within a year. The 24-year-old now owns and runs several e-commerce ventures set to bring in a combined $1.7 million this year. "By combining these two interests and making a really unique car cover, we can appeal to a much more passionate audience." "One thing that I wish I knew earlier about running a business is that the product isn't necessarily everything," he says.
Persons: Steven Guo, Guo, he's, Steven Guo Another, merch, It's Organizations: University of California Locations: Irvine
Palmer wrote about their "unhealthy relationship" in her new memoir, "Master of Me." Keke Palmer is reflecting on her "unhealthy" relationship with ex-boyfriend Darius Jackson and why it had to end. In August 2023, Palmer seemingly referenced Jackson's comments in Usher's music video for 'Boyfriend'In Usher's music video, Palmer was seen wearing a white bathrobe and getting glammed up for a night out with friends. Later in the video, Palmer and Usher bumped into each other at a casino, wearing the same outfit. Palmer wrote about her relationship with Jackson in her memoir, 'Master of Me'In her book, Palmer writes about Jackson's reaction to her appearance at Usher's concert, calling it "unexpected."
Persons: Keke Palmer, Darius Jackson, Leodis Jackson, Palmer, could've, Jackson, Palmer's, Leo, Sarunas Jackson, Alejandro, Dro, who's, Issa Rae, Derek White, WireImage Palmer, they'd, Tamron, Bustle's Sylvia Obell, Obell, Palmer didn't, Leodis Andrellton Jackson, I'm, Gregg DeGuire, Usher, you've, it's, Pop Crave, Jackson trespassed, Jackson didn't, didn't, she's, we've, Gayle King, Libby Torres Organizations: Business, HBO, Las, Entertainment, Palmer, CBS Locations: gush, Jackson, Palmer, Pacific Palisades , California, Instagram
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