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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Cynthia Lummis: There's an appetite to do a statutory framework for digital assetsSen. Cynthia Lummis (R-Wyo.) joins 'Squawk Box' to discuss the policy that would justify the recent moves in cryptocurrency prices, the idea of a Bitcoin reserve, and much more.
Persons: Email Sen, Cynthia Lummis, Sen Organizations: Email
AdvertisementWhere can you buy a Patek Philippe watch? Karger, a former lawyer who now runs a publication called Wrist Enthusiast, said that Patek Philippe "generally doesn't own their own stores." Representatives for Patek Philippe did not respond to a request for comment from BI on its sales processes. Reaching the level of Patek PhilippeWhen collectors, jewelers, and other fans discuss Patek Philippe watches, awe almost always enters their voices. Brad Pitt wears a Patek Philippe watch while in Venice.
Persons: Philippe, Phil Reid, Patek Philippe timepieces, Queen Victoria, it's, Birkin, Kelly, Reid, Craig Karger, Philippe timepiece, Patek Philippe, Eugene Gologursky, Karger, That's, Patek, Philippe Aquanaut, Jeremy Moeller, there's, Krager, Audemars Piguet, I've, they've, Brad Pitt, JB Lacroix, Variety, who's Organizations: Swiss, Rolex, Cartier, IWC, Nautilus, Getty Locations: London, Patek, Swiss, Miami, Lisbon, Switzerland, New York City, Venice
But when a reporter asked Jakrajutatip about the evolution of the Miss Universe pageant, she fixated on Theilvig's looks. Hector Vivas/Getty ImagesJakrajutatip was in the audience at Miss Universe 2018 when Angela Ponce became the first transgender woman to compete. A month after the video was recorded, the 72nd Miss Universe pageant was held. AdvertisementMiss Universe's identity crisisThere have been subtle shifts in the Miss Universe and Miss USA pageants since Jakrajutatip took over the organization. Theilvig shares many similarities with every past Miss Universe winner: She is cisgender, under 29, unmarried, without children, and not plus-sized.
Persons: Anne Jakrajutatip, Victoria Kjaer, Jakrajutatip, Victoria Kjaer Theilvig, Theilvig, Kjaer Theilvig, Hector Vivas, Angela Ponce, Donald Trump, Josh Brasted, vitiligo, Osmel Sousa —, Raul Rocha —, , Donald Trump Jr, Elon Musk, Trump, Rocha, Sousa, Musk, Barbies, CARL DE SOUZA, Alyssa Klinzing, I'm, Klinzing Organizations: Miss, Miss Universe, Miss USA —, BI, Miss USA, 72nd Miss, New York Times, WE, Trump Jr, USA, AFP, Miss Kansas Teen USA, Miss Kansas USA, Miss Houston USA Locations: Denmark, Nicaragua, India, South Africa
Here's what to know about Washington's kids: John David, Katia, Malcolm, and Olivia. John David Washington, Washington's eldest child, stars as the lead. In 2018, John David Washington told Andscape that pursuing football was a way to escape being compared to his father. In 2020, John David Washington told Esquire that he didn't tell his father about the audition until he got the role. Katia Washington has worked on several movies, including "The Equalizer," which starred Denzel Washington, "Fences," which was directed by Denzel Washington, and "Malcolm & Marie," which stars John David Washington.
Persons: Denzel Washington's, John David, Katia, Malcolm, Olivia, Washington's, John David Washington, Katia Washington, Denzel Washington, Cuba Scott, Malcolm Washington's, Olivia Washington, Young Mama Ola, Mama Ola, Samuel L, Jackson, John David Washington John David Washington, Emma McIntyre, Andscape, It's, it's, Dwayne Johnson, — Pauletta, , Spike Lee's, Christopher Nolan's, Tenet, Gareth Edwards, Katia Washington Katia Washington, Monica Schipper, Django, Marie, Malcolm Washington Malcolm Washington, Jon Kopaloff, Malcolm Washington, August Wilson, Tony, Wilson, Malcolm Washington cowrote, Oscar, Virgil Williams, Olivia Washington Olivia Washington, Amy Sussman, Latoya Richardson, Butler Organizations: Netflix, Washington, Paramount Pictures, Santa Barbara, Film, Campbell Hall High School, Morehouse College, Louis Rams, Germany's, NFL Europe, California Redwoods, United Football League, Hollywood, HBO, Broadway, Yale, Bron Studios, Windward School, University of Pennsylvania, American Film Institute, AP, Toronto Film, New York University's Tisch School, Arts, New York, New York Amsterdam News Locations: Cuba, Pauletta Washington, Washington, Atlanta, — Pauletta Washington, Hollywood, Canadian, LA, Philadelphia, Los Angeles, American, London's, California, New York Amsterdam
Music has always been a business, but streaming, TikTok, inflation, and the ballooning costs of touring have dramatically altered a musician's traditional routes to making money. But a lot has changed since streaming usurped radio play as the kingmaker of a rising musician's career. Even the hitmakers who dominate your "For You" page are getting paid "almost nothing" from TikTok, as one music exec told Billboard. 1 song on TikTok doesn't mean anything in the grand scheme of things," Tinashe's longtime manager, Simonne Solitro, explains. "That's not just me," Violet tells me, "that's literally every single artist I know."
Persons: Raye, Conrad, She'd, Taylor, Taylor Swift, Stone, You've, there's, everybody's, Donald Passman, Kevin Baird, Chris Burnett, Chuck Berry, he'd, it's, , TikTok, Ariana Grande, JC Olivera, Justin Ayers, Club's Baird, Tayla Parx, she's, Ariana Grande's, It's, Parx, that's, Muni, who's, Rihanna, Kelly Clarkson, Alexis, Long, I'd, Rachel Chinouriri, I've, Chinouriri, Sam Halliday, Alex Trimble, Katy Cummings, Derek Crownover, Loeb, he's, Crownover, Simonne, Tinashe, Tinashe's, Simonne Solitro, Solitro, Normani, aren't Taylor Swift, Jennifer Lopez, Bad Bunny, Shirlaine Forrest, Matt Jelonek, Tessa Violet, hasn't, That's, Violet, Solitro's, Tessa Violet's, Sarah Pardini, Halsey, Adele, Sophie Turner, Florence Pugh, Pugh, jostling Organizations: Spotify, Music, Northern, Cinema, BI, Apple Music, Billboard, Apple, YouTube, BMI, Suns, TaylaMade Inc, Fifth Harmony, Parlophone, Atlas Artists, Ticketmaster, Promoters, BI Social, Capitol Music, Capitol, Columbia, Chartmetric, DMs Locations: Manhattan, British, Northern Irish, TikTok, London, Los Angeles
Bluesky CEO Jay Graber says X rival is 'billionaire proof'
  + stars: | 2024-11-21 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +3 min
But CEO Jay Graber has some cautionary words for potential acquirers: Bluesky is "billionaire proof." Graber was referring to the way millions of users left Twitter, now X, after Elon Musk purchased the company in 2022. Bluesky now has over of 21 million users, still dwarfed by X and Threads, which Facebook's parent debuted in July 2023. Threads has roughly 275 million monthly users, Meta CEO Mark Zuckerberg said in October. Although Musk said in May that X has 600 million monthly users, market intelligence firm Sensor Tower estimates 318 million monthly users as of October.
Persons: Bluesky, Elon Musk's, Jay Graber, CNBC's, Graber, Elon Musk, Meta didn't, Mark Zuckerberg, Musk, Jack Dorsey's, Dorsey, Jack, we're, we've, that's, Nobody's, algorithmically, We're, That's, Trump Organizations: Twitter, Elon, Meta, Blockchain Capital Locations: Brazil
So that's why I say there's plenty of meat left on the bone for investing in credit munis," McFee said. Sector outlook Municipal bond funds buy and hold fixed income instruments issued by state and local governments or related entities. Over the past month, major index funds iShares National Muni Bond ETF (MUB) and Vanguard Tax-Exempt Bond ETF (VTEB) have raked in about $2.2 billion of combined inflows, according to FactSet. The big iShares and Vanguard muni funds have each returned about 1.7%, year to date, compared with 1.6% for the iShares Core U.S. And Vanguard is not the only asset manager pushing new muni funds into the market.
Persons: weren't, Steve McFee, McFee, Goldman Sachs Organizations: Vanguard, Bond, McFee, AAA, Muni Bond ETF, Vanguard muni, iShares, Aggregate Bond
Here's the impact of Trump's tax and tariff plan
  + stars: | 2024-11-21 | by ( Robert Frank | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's the impact of Trump's tax and tariff planCNBC's Robert Frank reports on news regarding President-elect Trump's tariff and tax plan.
Persons: Robert Frank
Here's why dollar stores are hurting
  + stars: | 2024-11-21 | by ( Ryan Baker | Tala Hadavi | Melissa Repko | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why dollar stores are hurtingThe dollar store industry has historically done well when the consumer was under pressure. And so, in the decade that followed the Great Recession, Dollar General and Dollar Tree outperformed the S&P 500. But the current economic environment is playing out differently as both companies face competition in e-commerce and have been burdened with a number of operational challenges. Watch the video to find out why the share price of both stocks have plunged more than 50% in the past couple of years.
(Photo by Nicolas Economou/NurPhoto via Getty Images) Nicolas Economou | Nurphoto | Getty Images'That is a huge, huge gap'There is a growing disillusionment taking hold. Men are steadily dropping out of the workforce, especially those between the ages 25 to 54, which are considered their prime working years. A study by the Pew Research Center found that men who are not college-educated leave the workforce at higher rates than men who are. In 1995, both young men and women equally were likely to hold a bachelor's degree, at 25%. "That is a huge, huge gap," Pollak said.
Persons: Donald Trump, Kamala Harris, Nicolas Economou, Pollak, " Pollak, Brett House, , Richard Fry, Fry, NEFE, Billy Hensley, Hensley, Ali Bustamante Organizations: Republican, Democratic, Getty, Nurphoto, Pew Research Center, Pew, Columbia Business School, CNBC, NEFE, Trump, Financial Wellness, Young, Roosevelt Institute Locations: Washington ,, U.S
The hundreds of TGI Fridays franchises across 41 countries are independently owned entities and, therefore, not part of the bankruptcy process. AdvertisementIf you're a TGI Fridays lover, that means you can still go to the one nearby if you want. Like companies in a similar situation, the story of TGI Fridays is one of slow decline before an accelerated crash. In addition to grappling with changing tastes, TGI Fridays has also been subject to another trend in the restaurant business: private equity financial maneuvering. It can always be Friday anywhere, not just TGI Fridays, and maybe at a better price point or nicer experience.
Persons: Ray Blanchette, Brandon Coleman III, Coleman, Weldon Spangler, It's, Jonathan Maze, Tom Cruise, Ruby, Chili's, You've, they'll, who'd, Burt, hasn't, There's, John Bringardner, Bringardner, that's, Ragini, Alicia Kelso, Kelso, TriArtisan, Hostmore, I'm, Emily Stewart Organizations: Street, Restaurant Business, Buffalo Wild Wings, NFL, Strategic Resource, — TriArtisan Capital Advisors, Sentinel Capital Partners —, Sentinel, Citibank, SEC, FTI Consulting, Creditsafe, Hooters, Business Locations: Beppo, New York, Olive, Nation's
Here's where Louise Brown, the first IVF baby, is now. "Joy" is about the British doctors who helped conceive the first baby using IVF treatment in the late 1970s. Louise Brown was born in 1978Louise Brown at the Science Museum in London. Leon Neal/Getty ImagesLouise Joy Brown was born on July 25, 1978, with her middle name giving the Netflix movie its title. Unfortunately, Jean Purdy died at the age of 39 and I did not know her."
Persons: Bill Nighy, Thomasin McKenzie, James Norton, Here's, Louise Brown, Patrick Steptoe, Jean Purdy, Robert Edwards, Guillermo del Toro's, Steptoe, Purdy, Edwards, Lesley, John Brown, implanting Brown, Leon Neal, Getty, Louise Joy Brown, She's, Brown, Patrick, Bob, Bob Edwards Organizations: Netflix, Centre, New York Times, Browns, Science Museum, Bristol's Old, Bourn Hall Clinic Locations: Oldham, Manchester, England, London, Bristol, Cambridgeshire
New Mastercard research shows affluent consumers enjoy optimizing their wallets with "financial gymnastics." While prioritizing experiences and legacy-building, affluent consumers don't accept anything less than the speediest and most convenient payment options. Those based in Asia Pacific tend to go even further, juggling approximately 7.5 payment methods. We see this every day in our work with banks across Asia Pacific: Affluent consumers are no longer motivated by simply accumulating assets. Reliable payment methods free up time that is better spent with loved ones or pursuing passions.
Persons: Sandeep Malhotra, prudently Organizations: Mastercard, Products, Innovation, Insider Studios Locations: Asia Pacific, India, Hong Kong
When it comes to what's important in a job, people have all sorts of priorities. One of the best times to negotiate for those is after you've received a job offer. That can include negotiating for salary, work from home and vacation time. You'll want to figure those out before your prospective employer comes to you with that initial offer. says Angelina Darrisaw, career coach and founder of C-Suite Coach.
Persons: you've, Stacie Haller, Angelina Darrisaw, Darrisaw
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia: Here's why Raymond James reiterates its 'strong buy' rating on the semiconductor giantSrini Pajjuri, senior semiconductor analyst at Raymond James, joins CNBC's 'The Exchange' to discuss Nvidia's latest earnings report, what it will take for Nvidia's momentum to slow down, and more.
Persons: Raymond James, Pajjuri Organizations: Nvidia
AdvertisementBox CEO Aaron Levie said Democrats should embrace Elon Musk. Levie, who supported Kamala Harris, said he thinks Musk is uniquely qualified to support innovation. In an interview with Business Insider, Levie explained why he thinks Democrats should make an effort to embrace Musk, and how he thinks it would benefit American innovation. Levie supported Vice President Kamala Harris for president, donating to her campaign as well as President Joe Biden's before he dropped out of the race. He said he thinks Musk would be uniquely able to identify things that get in the way of progress in those areas.
Persons: Aaron Levie, Elon Musk, Kamala Harris, Levie, Joe Biden's, didn't, Donald Trump, Musk, Hillary Clinton, Joe Biden, Biden, Tesla, EVs, he'd, Sen, Chris Coons, " Coons, Coons, Pete Buttigieg, Helene, Buttigieg, Vivek Ramaswamy, Ramaswamy, Musk's Organizations: Democratic, Business, Democratic Party, Republicans, SpaceX, Twitter, White, Ford, GM, Tesla, EVs, Republican, Fox, Department of Government Efficiency, Transportation, Elon, Politico, Department of Government, Department of Defense Locations: Delaware
AdvertisementDon Saladino, a celebrity trainer, eats five nutritionally balanced meals a day. Related VideoA celebrity personal trainer, Saladino thrives on eating and training to optimize his health, performance, and physique. Saladino has annual body scans and tests to see how his body responds to changes in his diet, training, or lifestyle. AdvertisementThis means that Saladino's diet and training are both structured, and he is continually pushing himself, he said. One major benefit of tracking his food intake is that it ensures he eats enough, Saladino said.
Persons: Don Saladino, Saladino, Ryan Reynolds, Blake Lively, Peter Hurley Saladino, Cindy Ord Organizations: Rice, Getty Locations: New York
CEO Jensen Huang said more Blackwell chips will be delivered this quarter than previously estimated. Nvidia delivered another strong set of quarterly results on Wednesday, sparking positive initial reactions among the company's analysts. Nvidia observers were keeping a close eye on any mention of Blackwell chips, the popular next-generation chips in high demand. Nvidia will deliver more Blackwell chips this quarter than previously estimated, Huang said, and demand exceeds supply as expected. AdvertisementHSBC analysts wrote in a note that they expect "significant" earnings upside for the 2026 financial year despite gross margin pressure.
Persons: Jensen Huang, Blackwell, Trump, aren't, Robert Lea, Huang, Dan Ives, AI Jensen, Konstantin Oldenburger, Stephen Yiu Organizations: Nvidia, Bloomberg Intelligence, Wedbush Global Tech Team, CMC Markets, Deutsche Bank, HSBC, Bloomberg Locations: Asia
AdvertisementIt used to be that leaving Fox News or other big media outlets was the end of your career. Ask two former Fox hosts, Tucker Carlson and Megyn Kelly, or Bari Weiss, an ex-New York Times editor. People like the former Fox News stars Tucker Carlson and Megyn Kelly, and the former New York Times writer and editor Bari Weiss. At the time, it seemed like we would see more people doing what he did — leaving mainstream media, going to digital, and building an audience there. Unless you're Tucker Carlson.
Persons: Tucker Carlson, Megyn Kelly, Bari Weiss, Chris Balfe, we've, Glenn Beck, TheBlaze, Carlson, Kelly, Weiss, Balfe, Beck, Donald Trump, he's, Fox —, Mike Tyson, Jake Paul, we're, Tucker, Joe Rogan, , He's, Vladimir Putin, Tucker Carlson's, They're, They've, it's Organizations: Fox News, Fox, New York Times, Red, Big Media, Glenn Beck Fox, YouTube, Facebook Locations: TheBlaze, Fox
Bitcoin was trading at about $97,000 on Thursday morning, after setting a fresh record high of $98,367.00, according to Coin Metrics. The crypto community is levered to the gills, and so there will be a correction," Novogratz said. He did caution that the correction could be greater in stocks, like MicroStrategy , that are trading like leveraged versions of bitcoin. "I personally would tell my investors to buy straight bitcoin" instead of plays like Microstrategy, Novogratz said. The rally has continued despite a mystery seller that has been dumping crypto in recent days, Novogratz said.
Persons: Bitcoin, Michael Novogratz, Novogratz, bitcoin, Donald Trump, MicroStrategy, Trump Organizations: Galaxy Digital, Metrics, Acurx Pharmaceuticals
AdvertisementIn recent years, young Americans moved to rural areas at rates not seen in decades. But that doesn't mean they're turning rural counties red. In the years leading up to the election, young people flocked from urban areas to rural counties at record rates — but they didn't necessarily bring their big-city politics with them. The colored swing column in the table shows the percentage point change in vote share for Trump between 2020 and 2024. Those who did vote went more conservative.
Persons: Gen Zers, University of Virginia demographer Hamilton Lombard, , Jed Kolko, Kolko, Millennials, Zers —, Kamala Harris, Joe Biden's Organizations: Trump, The New York Times, University of Virginia, Democratic, Republican, CNN, Information, Research, Civic, Economic Locations: Hays County , Texas, New York
Professor Yoshua Bengio, at the One Young World Summit in Montreal, Canada, on Friday, Sept. 20, 2024Famed computer scientist Yoshua Bengio — an artificial intelligence pioneer — has warned of the nascent technology's potential negative effects on society and called for more research to mitigate its risks. Machines could soon have most of the cognitive abilities of humans, he said — artificial general intelligence (AGI) is a type of AI technology that aims to equal or better human intellect. Yoshua Bengio Head of the Montreal Institute for Learning AlgorithmsSuch outcomes are possible within decades, he said. There are arguments to suggest that the way AI machines are currently being trained "would lead to systems that turn against humans," Bengio said. Yoshua Bengio Head of the Montreal Institute for Learning AlgorithmsCompanies developing AI must also be liable for their actions, according to the computer scientist.
Persons: Yoshua Bengio, , Bengio, CNBC's Tania Bryer, That's, we're, OpenAIhas, It’s, Yoshua, — that's, OpenAI Organizations: Young, Summit, University of Montreal, Montreal Institute, Machines, Intelligence, CNBC, Learning Locations: Montreal, Canada, AGI, U.S, Rwanda, Swiss
AdvertisementNew Delhi reported severe levels of air pollution this week. Titus Koshy, CEO of United Consultancy Services Group, told BI his employees struggle to commute. Air pollution in India's capital, New Delhi, has become so severe that some people are struggling to commute to work. Titus Koshy, CEO of United Consultancy Services Group which has more than 150 employees, told Business Insider that the toxic smog engulfing the city had made it difficult for his staff to come into the office. AdvertisementA 2019 study by the World Bank estimated the global cost of health damages associated with exposure to air pollution to be $8.1 trillion.
Persons: Smog, Titus Koshy, Koshy, JP Morgan, Shubham Gupta Organizations: United Consultancy Services, BBC, World Health Organization, WHO, United, United States Environmental Protection Agency, Delhi's, KPMG, Cisco, Mondelēz, World Bank Locations: Delhi, New Delhi, United States, KPMG India, NCR
Neil Murray, a Workforce Innovation board member, discussed workspace purpose, leadership, and AI. This article is part of "Workforce Innovation," a series exploring the forces shaping enterprise transformation. "It is the most incredible time to work in this industry," said Neil Murray, the CEO of Work Dynamics at JLL. Why is that important, and how can leaders work toward that goal? In my business alone, the rapid adoption of AI tools in daily business use has surprised us all.
Persons: Neil Murray, , Murray, JLL's, It's, we've Organizations: Innovation, Service, Dynamics, Companies Locations: It's
California Governor Gavin Newsom vetoed California's bill at the end of September but signed into law another bill which requires transparency in generative AI systems. "A lot of the privacy risks associated with AI can be tackled through a comprehensive data privacy regime," she said. The U.S. has historically approached data privacy with decentralized, state-by-state legislation, which is where AI regulation is currently headed. Regarding Colorado's successful AI bill, Maroney wrote on Facebook, "It is unfortunate that Connecticut chose not to join Colorado as a leader in this space. Even a model approach, if done wrong, could pose a major risk to the U.S. "Everybody's looking at California, especially when it comes to tech," Elgendy said.
Persons: Scott Weiner, Wiener, Gavin Newsom, California's, Tatiana Rice, Jonas Jacobi, Mohamed Elgendy, Elgendy, Rice, Robert Rodriguez, James Maroney, Maroney Organizations: Conference, AI Alliance, Washington D.C, U.S ., European Union AI, Privacy, Data, American, White, Office of Science, Technology, Democratic, Colorado Senate, Democratic Connecticut State, Facebook, Colorado Locations: California, San Francisco, Washington, Puerto Rico, U.S, U.S . Virgin Islands, Colorado, Silicon, Connecticut
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