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☆ Al Pacino says he went from $50 million to broke, joining a long list of stars who've experienced money troubles
▼ + stars: | 2024-10-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Al Pacino went from a $50 million fortune to almost nothing in the bank, he revealed in a new book. The "Scarface" actor spent too much, ignored his finances, and had an accountant who ultimately went to prison. AdvertisementAl Pacino went from $50 million to broke by spending too much, ignoring his finances, and using an accountant who ultimately went to jail for fraud. In a scene somewhat reminiscent of a mob movie, Pacino set up a meeting with the studio's boss and asked him to back down. "I had $50 million, and then I had nothing.

Persons: Al Pacino, Pacino, Adam Sandler, —, who've, Sonny Boy, they'd, Donnie Brasco, he'd, there's, Al's, Jack, Jill, Michael Jackson, Mike Tyson, Diego Maradona, Dennis Rodman, Charles Barkley, Shay Shay, Louis Vuitton, Dior Organizations: Service, MGM Studios, MGM, New Yorker Locations: Europe

☆ Top Wall Street analysts like these stocks for their growth prospects
▼ + stars: | 2024-10-20 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

To this end, top Wall Street analysts, with their expertise, can help investors understand the key drivers that could support a company's long-term growth and pick stocks that are likely to deliver lucrative returns. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Also, the analyst is confident about his Q4 revenue growth estimate of 12%, given "healthy closure rates and further pipeline building into a seasonally strong 4Q24." The company has been seeing stellar revenue growth rates, driven by robust demand for its advanced GPUs (graphics processing units) in building artificial intelligence models and applications. The analyst thinks that Blackwell's launch and ramp-up are not just near- and medium-term revenue growth drivers, but also key factors that will enhance Nvidia's competitive advantage.

Persons: Cowen, Shaul Eyal, Eyal, TipRanks, Gregg Moskowitz, Microsoft's GitHub, Moskowitz, Goldman Sachs, Toshiya Hari, Hari Organizations: Wall Street, Lacework, Mizuho, Nvidia, Dell, Hewlett Packard Enterprise Locations: billings

A high-yield savings account provides more rewards than a typical savings account, with no risk. I missed out on $1,200 in the five years before I opened a high-yield savings account. That's the feeling I get every time I check the balance of my high-yield savings account. Compare Today's RatesWhy I chose a high-yield savings accountI've had a savings account since college, but I didn't always have a high-yield account. How I chose my high-yield savings accountNowadays, there are lots of high-yield savings accounts on the market, many with no minimum requirements and no fees.

Persons: you'd, I've, I'd, Ally Organizations: Ally Bank, Federal Reserve Locations: it's, Ireland

☆ Cisco strategy manager says combining 5G with established tech can help companies get ahead
▼ + stars: | 2024-10-18 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +5 min

This article is part of "5G and Connectivity Playbook," a series exploring one of our time's most important tech innovations. But to get the most value out of it, organizations should focus on how it interacts with the complementary technologies surrounding it, Dan Crawford, a strategy manager at Cisco, said. BI spoke with Crawford about these challenges, the types of complementary technologies that can help companies boost connectivity, and how they could unlock 5G's full potential. What types of complementary technologies should companies focus on to enhance 5G's capabilities? How does breaking down siloes and focusing on complementary technology benefit businesses?

Persons: —, Dan Crawford, Crawford, We're Organizations: Service, Cisco, 5G

☆ Millennials on track to retire early are maxing out HSAs to supplement their savings. Here's who's eligible, and how you can use it to grow your money.
▼ + stars: | 2024-10-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

HSAs require enrollment in a high-deductible health plan, suitable for healthy individuals. After 65, you can use your HSA money to cover any expense without incurring a penalty, but the funds are subject to income tax. "I decided to get a high deductible health plan because I was young, healthy, and I didn't expect my medical expenses to be too high," she said. Brent Weiss, a certified financial planner, told BI that he invests his HSA money in a target-date fund: "I'm not getting fancy. Not touching your HSA funds means covering your medical expenses out of pocket, which is what Grant and the Schlagbaums do.

Persons: —, Amberly Grant, Grant, she's maxed, Brennan, Erin Schlagbaum, HSAs, it's, it'll, Brent Weiss, I'm, you've Organizations: Service, IRA, IRS

☆ A 27-year-old who was disappointed with her move from the Midwest to Dallas explains how she got excited about her new city
▼ + stars: | 2024-10-17 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Griffin Kibens moved to Texas in 2022, and it took a while to feel at home in Dallas. Her colleagues, the Katy Trail, and moving to a new place helped her feel better about Dallas. Kibens moved from Missouri to Texas in August 2022, and the weather that time of year was one of the first downsides. Falling in love with DallasKibens said her colleagues played a large role in beginning to love Dallas. "The Katy Trail really changed my life," she said.

Persons: Griffin Kibens, Kibens, —, Arielle Francois, Zer, Francois, Dallas Kibens, Dallas, Louis, let's, there's Organizations: Katy, Dallas, Service, Fort, Dallas Mavericks, House, Dallas Fort Worth Locations: Texas, Dallas, Missouri, Fort Worth, Arlington, Florida, Katy, Oak Lawn

☆ Millennials on track to retire early are maxing out HSAs to supplement their savings. Here's who is eligible for this account and how to use it to grow your money.
▼ + stars: | 2024-10-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

HSAs require enrollment in a high-deductible health plan, suitable for healthy individuals. After 65, you can use your HSA money to cover any expense without incurring a penalty, but the funds are subject to income tax. You'll have to move your money from your HSA to your HSA investment account. Brent Weiss, a certified financial planner, told BI that he invests his HSA money in a target-date fund: "I'm not getting fancy. Not touching your HSA funds means covering your medical expenses out of pocket, which is what Grant and the Schlagbaums do.

Persons: —, Amberly Grant, Grant, she's maxed, Brennan, Erin Schlagbaum, HSAs, it's, it'll, Brent Weiss, I'm, you've Organizations: Service, IRA, IRS

☆ The S&P 500 once again briefly rode Nvidia's coattails to all-time highs
▼ + stars: | 2024-10-17 | by ( Alex Harring | Kavitha Shastry | ) www.cnbc.com time to read: +2 min

Nvidia 's rally to a record intraday high on Thursday briefly helped lift the S & P 500 into uncharted waters, leaving investors to wonder what's next for the artificial intelligence trade. The S & P 500 broad market index also touched a record high during the day, mostly driven by strong semiconductor and financial stocks. Nvidia's stock, which scored an all-time closing high on Monday, has added 1.6% so far this week. NVDA 1D mountain Nvidia, 1-day chart Martin likes the AI trade looking ahead, especially as year-end — typically a strong time for the market — nears. And then they'll try and take some profits, and then they'll try and buy it back a little cheaper, and then it'll go back up again."

Persons: what's, Jensen, Tom Martin, Martin, they'll, it'll Organizations: Nvidia, Taiwan Semiconductor, Investments Locations: Taiwan, China

Harris told reporters that she "found it to be quite bizarre" when Trump said during an all-women Fox News town hall that aired Wednesday morning, "I’m the father of IVF." She argued that his appointment of Supreme Court justices who voted for Roe v. Wade to be overruled undermined his claim. Trump had made the comments on IVF during a town hall event that was taped on Tuesday but aired on Wednesday. Trump also said during the town hall that "we’re totally in favor of IVF." When reached for comment on Harris' remarks, Trump campaign spokesperson Karoline Leavitt said that Trump's comments about being "the father of IVF" were "a joke."

Persons: Kamala Harris, Donald Trump's, Harris, Trump, Roe, Wade, Karoline Leavitt, Leavitt, that's Organizations: Wednesday, Fox News, NBC, Center for Reproductive Rights, Alabama, Congressional, Republicans, Trump Locations: Detroit, America

☆ Chevrolet aims to defend highly profitable SUV market position with updated Tahoe, Suburban
▼ + stars: | 2024-10-16 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

2025 Chevrolet Tahoe GMDETROIT – General Motors has updated its highly profitable large SUVs for Chevrolet for the 2025 model year to defend the brand's long-standing segment leadership. The Detroit automaker's Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for over 45 years, according to GM. For Chevrolet, the 2025 Chevrolet Tahoe and Suburban check many of those boxes and include the addition of GM's hands-free Super Cruise advanced driver-assistance system. Starting pricing for the 2025 Tahoe will range from about $60,000 for a Tahoe LS to more than $83,000 for the top-end High Country. 2025 Chevrolet Tahoe GM

Persons: Scott Bell, Bell Organizations: Chevrolet Tahoe GM DETROIT –, Motors, Chevrolet, Detroit, GM, Ford Motor, Nissan, GMC, Yukon XL, Ford, Cruise, CNBC, LS, CarMax, Chevrolet Tahoe Locations: Tahoe, Detroit, Yukon, U.S

☆ Duolingo CEO explains his approach to 'founder mode' — and what happens when executives disagree
▼ + stars: | 2024-10-16 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

Duolingo CEO Luis von Ahn talked about his data-driven approach to "founder mode." A debate over founder mode was recently sparked by Paul Graham's essay advocating hands-on leadership. AdvertisementAmid the wider debate in Silicon Valley about how a CEO should run their company, Duolingo's chief executive is siding with a data-driven approach to founder mode. "Yes, I am in that mode, but we have a number of people who could probably play that role as well," von Ahn said when asked about founder mode. While this my-way-or-the-highway approach feels very indicative of founder mode, arguments rarely happen between the three executives, von Ahn said in the interview.

Persons: Luis von Ahn, Paul Graham's, —, He's, Cem Kansu, Ryan Sims, von Ahn, Paul Graham, Graham, Brian Chesky, Von Ahn, Duolingo, let's, Sims Organizations: Service Locations: Silicon Valley

☆ Couples in successful relationships always use these 6 phrases: 'You'll grow stronger both individually and as a unit,' therapist says
▼ + stars: | 2024-10-16 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

But therapists have found that couples who clearly express their appreciation and empathy for one another have longer lasting unions. "If you and your partner regularly use these phrases, it's a sign that you're already a mentally strong couple," she says. "And if you don't yet, you can start implementing them and find that you'll grow stronger both individually and as a unit." Here are six phrases successful couples use, according to relationships therapists. Saying, "It's understandable you feel that way," can be reassuring and show you have empathy, Morin says.

Persons: Amy Morin, " Morin, John, Julie Gottman, Morin, I've Organizations: CNBC

☆ Considering an electric vehicle? Experts explain how to pick one for your lifestyle and budget
▼ + stars: | 2024-10-16 | by ( Nora Naughton | Tim Levin | ) www.businessinsider.com time to read: +5 min

Used electric vehicles became more affordable after a new tax credit kicked in in January 2023. And as more models flood the market, you can get a particularly good deal on a used EV. Battery range will degrade over timeAnyone who's owned a smartphone knows that lithium-ion batteries wear out over time. The good news is that an EV's battery is unlikely to fail completely or render the car useless. Automotive retail analysts described it as a welcome change for EV shoppers on a budget.

Persons: —, Scott Case, EVs, Graham, Geotab, Nora Naughton, Jim Fish, Fish Organizations: Service, Graham Rapier, Environmental Protection Agency, EV, Opus, Automotive, EVs Locations: Florida

For Love & Money is a column from Business Insider answering your relationship and money questions. Write to For Love & Money using this Google form. Dear For Love & Money,I am wealthy, and my friends always hint about their money problems. I don't know what to do. Write to For Love & Money using this Google form .

Persons: —, I've, you've, it's, doesn't Organizations: Business, Service Locations: Maui, tiptoe

☆ 'Gladiator II' star Paul Mescal's first big role was a breakfast sausage ad in Ireland: It 'paid for my rent for 5 months'
▼ + stars: | 2024-10-16 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

With an Oscar nomination under his belt and the hotly anticipated Ridley Scott epic "Gladiator II" on the horizon, Paul Mescal's career couldn't be going better. Mescal, who had just graduated drama school, was interested in serious dramatic projects. "That paid for my rent for five months, so I'll hear no Denny's slander," he told GQ. "If I ever feel like I get too big for my boots, it kind of pops up somewhere that we shouldn't forget that I was promoting sausages when I got out of drama school," he said. Start today and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024.

Persons: Ridley Scott, Paul Mescal's, couldn't, Mescal, Denny, we've, let's Organizations: Hollywood, BBC, CNBC Locations: Irish

☆ A woman moved from Wyoming to Texas after dreaming of city life. She can't wait to go back.
▼ + stars: | 2024-10-16 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +6 min

Elizabeth Bagdon and her fiancé, Ryan Heming, moved from a small town in Wyoming to San Antonio. Then, they moved to Gillette, Wyoming, which has a population of about 33,000. San Antonio offers more convenienceBagdon and Heming moved into a rental home in San Antonio with their dog, Lucy. Elizabeth Bagdon moved from Wyoming to Texas. "We're ready to pick the place that we want to settle in, and that place will definitely be Wyoming," Bagdon said.

Persons: Elizabeth Bagdon, Ryan Heming, Bagdon, —, I've, Heming, Lucy, Sadie, Elizabeth Bagdon Bagdon, Salary.com, hasn't, I'm, she's Organizations: San Antonio, Service, Business, Gillette, Sam's, San Antonio Police Department, San, Southern Locations: Wyoming, San Antonio, Bagdon, Pennsylvania, Colorado, Gillette , Wyoming, Gillette, San, Texas, Antonio, East Coast, Sheridan , Wyoming

☆ An incoming 'M&A supercycle' wouldn't just be a win for dealmakers
▼ + stars: | 2024-10-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, Goldman Sachs' earnings result might be a sign of the long-awaited return of M&A . The big storyM&A for allWin McNamee/Getty ImagesDon't look now, but M&A might finally be coming back. Goldman Sachs, Wall Street's perennial M&A king, smashed analysts' third-quarter expectations , notching $3 billion in profits. One analyst took things a step further, floating the idea of an "M&A supercycle" once the money that's been sitting on the sidelines finally gets put to work.

Persons: —, Goldman Sachs, Win McNamee, Insider's Reed Alexander, David Solomon, that's, Jenny Chang, Rodriguez, Mariana Bazo, Tyler Le, TSMC, Biden, Donald Trump, Elon Musk, TK, Alex Brandon Elon Musk, Kamala Harris, Alain Tascan, Jeet Shroff, Shroff, Morgan Stanley, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, LaGuardia Airport, Getty, BI, Monetary Fund, Chartered, Apple, Bloomberg, Google, Trump, PAC, America PAC, AP, Trump PAC, Epic, Discover Financial Services Locations: Midtown Manhattan, China, lockstep, New York, London

Democratic nominee Kamala Harris said on her campaign's X account that Trump rambled and "looked confused" on stage during the event. Almost 30 minutes into the town hall event, Trump paused the event so someone in the audience could receive treatment. Two minutes later, as Trump faced the fifth question of the night, another person became ill and the song played again. Kristi Noem of South Dakota asked Trump on stage, "Do you want to play your song and then greet a few people?" A national NBC News poll on Sunday put Trump and Harris neck and neck among registered voters, with three weeks to go until election day.

Persons: Donald Trump, Trump, Sinead O'Connor's, Let's, Kamala Harris, Steven Cheung, ”, Corey Comperatore, Maria, Luciano Pavarotti, Elvis Presley, James Brown, Kristi Noem, Joe Biden, Rufus Wainwright's, Leonard Cohen, The Trump, Harris, Cecilia Harkness, Janice Bauer Organizations: Democratic, Republican, South Dakota, White, Trump, NBC, Sunday Locations: Oaks , Pennsylvania, Butler , Pennsylvania, South, America, Chester County, Montgomery County

☆ Why best-selling novelist James Patterson loves Substack — and hates AI
▼ + stars: | 2024-10-15 | by ( Peter Kafka | ) www.businessinsider.com time to read: +8 min

Novelist James Patterson — along with a hardworking group of co-authors — generates multiple books a year. So I think that's kind of cool. I'm going to do a movie about cowboys and circuses! People don't think of them that way. So people ask — "What's the difference between James Patterson working with a group of people to make stuff in the voice of James Patterson and James Patterson using AI for the same thing?"

Persons: James Patterson —, that's, —, James Patterson, he's, Tina Brown, Patterson, Bill Clinton, Stephen King, you'd, We'll, Clinton, We're, nobody's, I've, we've, Hillary, don't, Let's, Eric Trump, Bush, John, Grisham, Don, Henley, Joe Walsh Organizations: Service, Hollywood, Clinton, The Eagles Locations: Hollywood

☆ 5 lifestyle habits that can help you live to 100, according to leading longevity researchers
▼ + stars: | 2024-10-15 | by ( Renée Onque | ) www.cnbc.com time to read: +6 min

For nearly two years, I've been reporting on longevity and the lifestyle choices that seem to help people live longer. There is steady interest — from everyday people to researchers alike — in what it takes to live a long, healthy life. In blue zones, the physical activity is a lot less vigorous, but centenarians still move daily, Buettner said in his Netflix documentary, "Live to 100: Secrets of the Blue Zones." 1 thing that can help you live a longer, happier life, according to an 86-year Harvard study that's still ongoing. "Having the right friends, that is the biggest secret to help these people in Blue Zones do the right things and avoid the wrong things."

Persons: I've, Valter Longo who's, Longo, Dan Buettner, centenarians, Buettner, Dan Harris, Arthur C, Brooks, it's, Marc Schulz, Dr, Robert Waldinger, Ikigai, George E . Vaillant Organizations: CNBC, Netflix, Harvard, Development, Harvard Gazette Locations: England, Okinawa, Japan

☆ We're about to enter the Digital Dark Ages
▼ + stars: | 2024-10-15 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

Without laborious renaming, everything behind those links — billions of them, a decade of digital content — will become inaccessible. We're about to enter the Digital Dark Ages. The Department of Veterans Affairs is legally required to preserve all medical records for 75 years after the death of a vet — but it's having problems, in part because of a balky digital records system. "Over the long term, you can't preserve a digital object in its original form," says Manoff, the former MIT librarian. The Dark Ages, as historians used to call the early centuries of medieval Europe, lasted for 500 years.

Persons: Mark Graham, Graham, we're, Marlene Manoff, Loren McClenachan, McClenachan, we'd, Adam Rogers Organizations: Google, Companies, of Alexandria, New York Times, Pew Research Center, Gawker, Los Angeles Herald Examiner, New York Newsday, Paramount, MTV, Comedy, Yahoo Groups, Yahoo, Facebook, Penguin, AOL, Prodigy, Department of Veterans Affairs, Wayback, Wayback Machine, MIT Libraries, Scripps Institution of Oceanography, MIT, Business Locations: Friendster, Key West , Florida, Europe

☆ 'Hope he's okay' — Harris mocks Trump over town hall music interlude, as he stonewalls on health records
▼ + stars: | 2024-10-15 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

But Trump also doubled down on his refusal to release his own health records — which Harris and her running mate, Minnesota Gov. Trump's campaign event Monday night was billed as a town hall where Trump would take questions from South Dakota Gov. Harris' medical history includes seasonal allergies and hives, but she has never experienced severe symptoms, Dr. Joshua Simmons wrote in the two-page letter. A day after releasing her records, Harris blasted Trump at a campaign rally in North Carolina. "He refuses to release his medical records," Harris said at a campaign rally in North Carolina on Sunday.

Persons: Donald Trump, Kamala Harris, Donald Trump's, Harris, Trump, Tim Walz, Kristi Noem, Maria, Noem, Andrea Bocelli, Sinead O'Connor's, James Brown's, Steven Cheung, Bruce Aronwold, Ronny Jackson, Cheung, Jackson, Joshua Simmons, Simmons Organizations: Republican, Greater, Greater Philadelphia Expo, Fairgrounds, Democratic, Trump, Minnesota Gov, South Dakota Gov, CBS News, CNBC, White, CBS Locations: Greater Philadelphia, Oaks , Pennsylvania, Philadelphia, Pennsylvania, Texas, North Carolina, America

☆ 8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax
▼ + stars: | 2024-10-12 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

It could be a bad idea to keep a stock solely to skip out on realizing capital gains. The right advice can buy time, reduce tax burdens, or even avoid them altogether without breaking any laws. "So, a tax-loss-harvesting type of trading will take place and then you are reducing your capital gains taxes." This grants them a tax deduction while skipping out on capital gains tax. Even some of our hedge fund managers who get compensation through carried interests of capital gains can defer those capital gains and even avoid them."

Persons: —, Lapsiwala, John Pantekidis, Pantekidis, It's Organizations: Service, DAF

☆ OpenAI's AI-adjusted earnings numbers have echoes of Groupon and WeWork
▼ + stars: | 2024-10-11 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

Is it OK for an AI company to exclude the cost of training its AI models when it reports earnings? Related storiesFor an AI company like OpenAI, training models will be an ongoing process. The world is constantly evolving, and new data is being generated, which will have to be incorporated into AI models' understanding. Let's call it "AI adjusted earnings" for an AI company. They are a private company," McKenna said.

Persons: we've, Francine McKenna, McKenna, OpenAI, It's, Groupon, WeWork Organizations: Google, Facebook, MarketWatch, Revenue, Big Tech, KPMG Consulting, SAP, Oracle, Securities, Exchange Commission, SEC Locations: It's

☆ 'Former vegan' Lizzo has been losing weight without Ozempic. Her personal trainer shared her workout routine.
▼ + stars: | 2024-10-11 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +6 min

AdvertisementLizzo shared that she is a "former vegan" who eats animal protein, as she got candid about her recent weight loss. Her personal trainer told Business Insider that she never considered using weight loss drugs. In an Instagram post in September, Lizzo suggested she was flattered that people suspected she was taking weight loss medication. AdvertisementAs weight loss drugs have boomed in popularity, so has speculation over which celebrities have used them. "You don't get rewarded with less weight when you get stronger; you get rewarded with more weight," Calliet said.

Persons: Lizzo, that's, Corey Calliet, —, lipsyncing, Calliet, Ozempic doesn't, She's, Oprah Winfrey, Kayla Oaddams, she's, Michael B, Jordan, John Boyega — Organizations: Business, Service, BI

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