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That's how many iPhones the company has released each year since 2020, and in September, it released the iPhone 16, the iPhone 16 Plus, the iPhone 16 Pro and the iPhone 16 Pro Max. Apple introduced the four-phone lineup because historically the company's iPhone sales have seen the strongest growth when it expanded the lineup. The company doesn't give sales figures for its individual products, and overall iPhone sales for fiscal 2024 came in at $201.18 billion. Every year since 2020, one of the new iPhone models has lagged its siblings in sales. At $899 in the U.S., it's more expensive than the baseline iPhone 16 but cheaper than the iPhone 16 Pro and Pro Max, which have better screens.
Persons: Steve Jobs, Jobs, Max, Apple, Pro Max, it's, They're, DSCC, Ross Young Organizations: Apple, Jobs, Pro, Consumer Intelligence Research Partners Locations: U.S
Subianto wrapped up the first stop of his first overseas trip since taking office three weeks ago. He is headed next to Washington — where the U.S. government is confronting China’s rise — and then to Peru and Brazil for the Asia-Pacific Economic Cooperation and Group of 20 summits. They agreed to hold a first-ever joint meeting of their foreign and defense ministers in 2025, a joint statement said. China also helped build Indonesia’s first high-speed railway, an 88-mile route between Jakarta and Bandung that opened last year. But a flood of low-priced Chinese products has hit Indonesia’s garment makers hard, closing factories and prompting calls for import tariffs.
Persons: Prabowo Subianto, , Subianto, Washington —, Xi Jinping, ” Subianto, Organizations: BEIJING, Economic Cooperation, Group Locations: China, Washington, Peru, Brazil, Asia, “ Indonesia, Indonesia, South China, Beijing, Indonesian, Jakarta, Bandung
Walmart is testing tech that lets employees use an app to unlock anti-shoplifting displays. The tech, currently in several hundred stores, could lead to shoppers having access too. 1 in 5 shoppers surveyed said they would buy from another retailer when faced with locked-up merch. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The assumption behind the Freedom Case is that customers who share their personal information in order to access merchandise are unlikely to steal.
Persons: , Carol Spieckerman, Chris Walton, Spieckerman Organizations: Walmart, Service, Bloomberg, Omni, Kroger, Safeway
Business Insider secured access to an internal Tesla pay database, covering nearly 100,000 employees as of December 2021. Tesla offers lower base salaries than its tech and automotive peers but offers substantial stock grants. Nine current and former people in engineering and sales said that Tesla's stock grants make it easier to accept lower base salaries. To get a sense of which employees were more likely to take home large grants, BI broke up stock grants based on job category. So far, stock grants have "proven to be better than cash in your pocket."
Persons: Elon Musk's, It's, Tesla, Donald Trump's, , Zaheer Mohiuddin, ISOs, Greg Selker, Stanton Chase, Selker, Musk, we've, Harley Shaiken, Ford, Shaiken, Drew Baglino, Zachary Kirkhorn, Omead Afshar, Aaron Greenspan, it's Organizations: Business, CNBC, Securities and Exchange Commission, Nvidia, Ford, Meta, Amazon, Apple, Microsoft, BI, Companies, Google, US, Netflix, Big Tech, GM, Musk, Bloomberg Locations: Silicon Valley
Oppenheimer sees more upside ahead for the S & P 500 now that the presidential election is over. The firm lifted its price target on the broad index to 6,200 from 5,900, reflecting 3.5% upside from Friday's close. .SPX YTD mountain S & P 500's year-to-date performance According to Stoltzfus, the election helped rid the market of lingering uncertainties and ushered in a "sigh of relief rally." The S & P 500 surged more than 4% last week, marking its biggest weekly advance in over a year. Oppenheimer retained its earnings estimates for the year, noting that the S & P 500 companies reporting so far have signaled "robust" quarters.
Persons: Oppenheimer, John Stoltzfus, Stoltzfus, Donald Trump's Organizations: CNBC Pro's, Fed Monetary
CNN —Archaeologists have identified the site of an ancient battle in what is now Iraq by comparing historical accounts with declassified images from US spy satellites. Despite the fact that the battle marked a significant victory for Arab Muslims and enabled their expansion beyond Arabia, its precise location was not previously known. A map shows the newly discovered location of al-‘Udhayb and al-Qadisiyyah in southwestern Iraq — as well as the wall/canal linking the two sites — and the likely location of the Battle of al-Qadisiyyah. The Battle of al-Qadisiyyah saw a smaller Arab Muslim army defeat a much larger force from the Sasanian Empire, which dominated the region. After a few failed attempts, this was their “first really significant victory” in attempts to expand beyond Arabia, Deadman said.
Persons: Deadman, , ” Deadman, Udhayb, , Qadisiyyah Organizations: CNN —, Durham University, University of Al, Geological Survey, Survey, CNN, Iraq —, ESA Locations: Iraq, United Kingdom, Qadisiyah, Arabia, Kufa, Mecca, Saudi Arabia, Najaf Governorate, al
"This can be a great way for people to boost their retirement savings," certified financial planner Jamie Bosse, senior advisor at CGN Advisors in Manhattan, Kansas, previously told CNBC. This can be a great way for people to boost their retirement savings. How much older workers save for retirementThe 401(k) catch-up contribution change is "very good" for older workers who want to save more for retirement, said Dave Stinnett, Vanguard's head of strategic retirement consulting. Some 35% of baby boomers feel "significantly behind" in retirement savings, according to a Bankrate survey that polled roughly 2,450 U.S. adults in August. "But not everyone age 50 or older is maxing out [401(k) plans] already," Stinnett said.
Persons: Jamie Bosse, deferrals, Dave Stinnett, Stinnett Organizations: CGN Advisors, CNBC, America Locations: Manhattan , Kansas
CNN —Although sales of tobacco products have been restricted in hundreds of municipalities across the US, a new study is highlighting some loopholes that allow children to bypass online regulations to buy e-cigarettes. Though the sales of flavored tobacco products have been restricted in eight states and in nearly 400 cities or counties, these regulations don’t completely cover e-commerce or online shopping. “People will not tell the truth when they enter their age, and it’s remarkably easy for kids to get tobacco products mailed to them. More than 1 in 4 underage people report using e-cigarettes daily, and most youth who use e-cigarettes favor flavored products. “Prohibiting tobacco sales completely, or states putting some more restrictions on how the products are delivered to people, can help make e-cigarettes harder to purchase,” he said.
Persons: , Thomas Carr, Carr, Dr, Sanjay Gupta, ” Carr Organizations: CNN, Tobacco Survey, Children, United States Postal Service, JAMA, USPS, American Lung Association, ” Tobacco, Food and Drug Administration, Tobacco Control, CNN Health, American Academy of Pediatrics, FDA
AdvertisementA doctor who specializes in active aging shared three things she does to stay healthy and mobile as she grows older. That's why Wright sees healthy musculoskeletal aging as "a lifelong pursuit." Learn how to lift weightsWright recommends strength training to build as much muscle as possible, particularly in the critical decade. Related storiesEat a high-protein diet and plenty of vitamin DEating a high-protein diet helps build muscle. Getty ImagesIn order to build muscle, you also have to make sure you eat enough protein, Wright said.
Persons: Vonda Wright, , Wright, That's, Let's, Mike Molloy, It's, squats Organizations: Service, National Health, American Heart Association Locations: Florida
Magnetospheres are the protective bubbles around planets like Earth that have magnetic cores and magnetic fields, and they are driven by the planet’s magnetic field. Voyager 2’s data showed that Uranus’ magnetosphere was home to unexpectedly powerful electron radiation belts. Voyager 2’s observations of Uranus’ magnetosphere defied the way astronomers understand how magnetic fields trap energetic particles and their radiation. The first panel (left) of this artist's concept depicts how Uranus' protective magnetosphere behaved prior to Voyager 2's flyby. Fortunately, sending a dedicated mission to study Uranus in the future has become a priority for NASA, according to a report released in 2022.
Persons: , Jamie Jasinski, ” Jasinski, It’s, Linda Spilker, Spilker, ” Spilker, James Webb Organizations: CNN, Jet Propulsion Laboratory, NASA, JPL, Caltech, Orbiter, Probe Locations: Pasadena , California
Who will win a 2026 Grand Prix? "We are receiving calls from prime ministers, from governments that really want to host the Grand Prix," F1 CEO Stefano Domenicali told CNBC's "Inside Track." The Belgian Grand Prix adds an estimated $248 million to the national economy each year. Abu Dhabi, which held its first Grand Prix in 2009, spent $40 billion constructing an artificial island to do it. "It didn't have anything before the plans for the Abu Dhabi Grand Prix."
Persons: Stefano Domenicali, CNBC's, Domenicali, Abu, Saif Rashid Al Noaimi, YouGov, Robin Fenwick, Guy Antognelli, McLaren, Zak Brown, You've, Lewis Hamilton Organizations: CNBC, Abu, Grand Prix, Monaco, Monaco Government Tourist, Convention Authority, Cannes Film, Cote d'Azur, Bloomberg Locations: Thailand, South Korea, India, Rwanda, Belgian, Europe, America, Belgium, Abu Dhabi, Yas, Grand, Saudi Arabia, U.S, Monte Carlo, Monaco, Cote
The coming reign of the only child
  + stars: | 2024-11-11 | by ( Ann Friedman | ) www.businessinsider.com   time to read: +16 min
American women are having kids later in life, leaving less time to bear multiple children. American women in general are having children later, but the delay is most pronounced among the most educated. Even religious conservatives, who are biblically motivated to be fruitful and multiply, are starting families later and more often having only one child. So what will the coming reign of the only child mean for America? Just as having children is no longer seen as a required stage of adulthood, having siblings will no longer be a de facto part of childhood.
Persons: Hallie Parker, , Parker, Harry Potter, Harriet, Dennis, Menace, They're untethered, Drew Barrymore, Woods, Kanye, Zers, we've, it's, Granville Stanley Hall, Spock, Hall, Toni Falbo —, Thomas Edison, Jack Welch, Carl Icahn —, Rebecca Zisser, It's, Anastasia Berg, What's, isn't, Berg, Corinne Lyons, wasn't, fiancé, Lyons, China's, Onlies, they'll, iStock, they're, Paul Ehrlich, Anne, Bill McKibben, Elon Musk, JD Vance, Rainer Turim, Ann Friedman Organizations: National Council, Family Relations, Granville, Harvard, Hall, Detroit, Alpha Kappa Alpha Locations: America, Sweden, France, China, Stanford, Vietnam, India, Manhattan, Los Angeles
Retirees' debt was rising before the pandemicRising debt levels were a problem for older Americans even before pandemic-era inflation. The typical family with heads age 75 and older had $1,700 of credit card debt in 2022, EBRI said in the August report. Those with heads age 65 to 74 had $3,500 of credit card debt, it said. Meanwhile, any spending cuts should be applied to reduce credit card debt, McClanahan explains. Boost income Retirees can also consider going back to work at least part time to earn more income, McClanahan said.
Persons: Bridget Bearden, Bearden, it's, EBRI, Louis, Carolyn McClanahan, She's, McClanahan, Cardholders, Cook, Ted Jenkin, Winnie Sun Organizations: Research Institute, Social Security, Senior Citizens League, Reserve Bank of St, Federal Reserve, U.S . Federal Reserve, Federal Reserve Bank of St, Planning Partners, CNBC's, CNBC, Facebook, Craigslist, Sun Group Wealth Partners Locations: Louis, Jacksonville , Florida, Irvine , California
Piper Sandler names Nvidia a top pick The firm said Nvidia is a new top pick. Morgan Stanley reiterates Dell as overweight Morgan Stanley raised its price target on Dell to $154 per share from $136. Morgan Stanley reiterates Nvidia as overweight The firm raised its price target on Nvidia to $160 per share from $150. Wedbush reiterates Tesla as outperform The firm said Tesla remains well positioned. "We are raising our price target on Tesla to $400 from $300 as we believe the Trump White House win will be a gamechanger for the autonomous and AI story for Tesla and Musk over the coming years."
Persons: Wedbush, Piper Sandler, Bernstein, BURL, Morgan Stanley, Dell, DELL, Wolfe, underperform Wolfe, We've, WBD, Blackwell, Cabot, Tesla, Raymond James downgrades Bloomin, Raymond James Organizations: UBS, Vale, Nvidia, Blackwell, Citi, Apple, JPMorgan, Dell, Warner Bros, NBA, Deutsche Bank, Cisco, Orion, Trump White House, Bank of America Locations: China, Burlington, Brazil
HAVANA — A 6.8 magnitude earthquake shook eastern Cuba on Sunday, after weeks of hurricanes and blackouts that have left many on the island reeling. The rumbling was felt across the eastern stretch of Cuba, including in bigger cities like Santiago de Cuba. The earthquake comes during another tough stretch for Cuba. First, it was hit by island-wide blackouts stretching on for days, a product of the island’s energy crisis. The blackouts and wider discontent among many struggling to get by has stoked small protests across the island.
Persons: Yolanda Tabío, hadn’t, , , Rafael Organizations: United States Geological Survey, Residents, Associated Press Locations: HAVANA, Cuba, Bartolomé Masó, Santiago de Cuba, Santiago, Cuba’s
Over the summer, Florida’s Broward County Public Schools made the decision to ban students from using cellphones and other communication devices for the entire school day. It's a particularly sensitive topic in Broward County after the 2018 Parkland shooting at Marjory Stoneman Douglas High School, which is in the district. Carline Dumoulin, a mother of two students at Broward’s Cypress Bay High School, is one of those signatories. Broward County school board member Debra Hixon was present at the meeting where the rule was approved, but had left before the vote. Last year, a video of several students fighting at West Broward High School circulated online, gaining thousands of views on X.
Persons: “ I’ve, ” Dominique Mayorga, Marjory Stoneman, Instagram, Dumoulin, Marjory Stoneman Douglas, Rhona Wise, Lori Alhadeff, Alyssa, ” Alhadeff, , Alhadeff, , Ron DeSantis, Debra Hixon, Hixon, Chris, Allen Zeman, ” Zeman, Max Schachter, Alex, ” Schachter, Marjory Stone, Leo Jimenez, Jimenez, it’s, ” Jimenez, they’re, ” Hixon, who’s, Zeman, Mayorga, Marlena, she’s, ” Marlena, there’s Organizations: Florida’s Broward County Public Schools, Parkland, Marjory Stoneman Douglas High School, High, Getty, Broward, Florida Gov, West Broward High School, National, Progress, Marjory Stone Douglas High School Public, NBC News, Cooper City High School, Broward County Schools, South Broward High School, Orange County Public Schools, Broward County Public Locations: Florida’s Broward, Broward County, Cypress, Parkland, Fla, U.S, Indiana, Ohio, California, Florida, Orange, lunchrooms
Arab and Muslim voters moved away from the Democratic Party this year in ways that led some community leaders to warn of a lasting shift from a voting bloc that has been reliably Democratic for two decades since it abandoned the GOP. Muslim voters backed Republican George W. Bush in 2000, but fled the GOP in response to the Bush administration’s post-9/11 military interventions abroad and anti-terror policies at home, which they felt unfairly targeted people of Islamic faith. In the two decades since then, Muslim Americans have broken roughly 2-to-1 for Democrats, while groups representing the community institutionally aligned themselves with Democrats, much like other groups representing voters of color. Nationally, the Council on American-Islamic Relations, one of the largest Muslim advocacy groups in the country, which has been sharply critical of Biden’s foreign policy, conducted its own postelection survey of Muslim voters. “Our pleas, demands and warnings were ignored by President Biden and then by Vice President Harris.
Persons: Donald Trump, , Layla Elabed, Joe Biden’s, Republican George W, Bush, Trump, Jill Stein, Harris, Stein, Bill Bazzi, Biden, , Robert S, McCaw, Benjamin Netanyahu, Dearborn, You’re, ” Sen, John Fetterman, Rania Batrice, President Biden, ” Trump, Tiffany Trump’s, Rabiul Chowdhury, Ruwa, Abdullah Hammoud Organizations: Democratic Party, GOP, Trump, Democratic, Republican, Democrats, Green, Islamic, American, CAIR National Government, Palestinian, Palestinian American Democratic, Democratic National Convention, Muslim Democratic, Palestinian American Democrat Locations: Gaza, American, Dearborn , Michigan, , Dearborn, Dearborn Heights, Arab, Palestinian American, Lebanese, Pennsylvania , Michigan, Wisconsin, Georgia
Most Americans who moved to Texas came from California and Florida, followed by New York and Illinois. AdvertisementMichelle Clifford and her family moved from California to Texas. Where people from Texas move toThere are also plenty of people who leave Texas in search of greener pastures. Between 2022 and 2023, about 38,700 people moved from Texas to California, a slight decrease from the 42,300 who did so the previous year. Courtesy of Ty JoergerTexan native Ty Joerger, 25, and about a dozen of his friends moved from Texas to the Pacific Northwest over the past two years.
Persons: , Arielle Francois, Madison Hoff, Arielle Francois California, Francois, Michelle Clifford, Michelle Clifford Take, Clifford, It's, Bella Hadid, VALERY HACHE, Adan Banuelos, Emma Stone, Joe Rogan, Batts, Batts Flora Batts, Michael Dell, Austin, Ty Joerger, Ty, Joerger Organizations: Lone Star State, Service, Business, American Community Survey, Texas, Getty, Austin, Texans, Tech, Dell, Seattle Mariners Locations: Texas, California, Florida, New York, Illinois, Miami, Dallas, PMG, South Florida, Miami ., Arielle, Florida for Texas . Texas, Oklahoma, Louisiana , Colorado , Illinois, Washington, Michelle Clifford Take California, Celina , Texas, Celina, Cannes, AFP, Fort Worth , Texas, New York City, Hollywood, Los Angeles, Colorado, Georgia, Louisiana, Pennsylvania, Batts Flora, Austin, Erie, Cleveland, Seattle, Pacific Northwest
Private jet usage is way up for 2 reasons
  + stars: | 2024-11-10 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +3 min
Private jet travel has surged in recent years, and two big changes explain why. Meanwhile, more affordable options for on-demand private jets multiplied. Two big factors led to that spike in private flights: The pandemic and a spate of more affordable options for flying private. But soon, private jet travel surged even as commercial flying remained depressed. Meanwhile, fractional ownership of private planes, fly-share services, subscriptions to private jet companies, and other on-demand private flying options have also grown much more popular and made private flying more accessible and affordable.
Persons: , That's Organizations: Service, NGO Transport, Environment Locations: Nature, New York City, Miami
CNN —A 6.8 magnitude earthquake struck off the coast of eastern Cuba on Sunday, causing material damage in several regions as the island continues to recover from widespread blackouts and the impact of two hurricanes over the past few weeks. The municipality of Pilón has suffered “a lot of damage,” according to Enrique Diego Arango Arias, head of the National Seismological Service of Cuba. Residents in eastern Cuba told Reuters that the tremor was as powerful as any they’ve felt before. In other occasions, we’ve felt the earthquake but not as strong as now,” Griselda Fernandez said. The quake was also felt in the eastern provinces of Santiago de Cuba, Holguin and Guantánamo, where the deadly Hurricane Oscar struck last month.
Persons: Miguel Díaz, Canel, Enrique Diego Arango Arias, , haven’t, , we’ve, ” Griselda Fernandez, Oscar, Rafael, shockwaves Organizations: CNN, United States Geological Survey, National Seismological Service, Facebook, Reuters, Santiago de Cuba, US, Tsunami Warning Locations: Cuba, Bartolomé, Granma Province, Pilón, Santiago de, Holguin, Guantánamo, Havana, Florida, Miami
Mass deportation would exacerbate this economic issue, say employers and economists. Leverant says it is still being determined how jobs lost from a mass deportation would be filled. "Looking at specific occupations, about one-quarter of farm workers, agricultural graders, and sorters are undocumented workers. "One of the natural problems with undocumented workers, we don't know how many are here because they are undocumented. A mass deportation is not possible without crippling economic impact," he said.
Persons: Donald Trump, Donald J, Trump, Jason Leverant, Leverant, Chad Prinkey, AtWork, Janeesa Hollingshead, Hollingshead, Uber, Trump's, David Leopold, Leopold, Kristen Welker, isn't, they're, Nan Wu, Wu, Prinkey Organizations: U.S, White, TPS, AtWork, American Progress, American Immigration Council, American Community Survey, Pew Research Center, Consulting, Uber Works, American Immigration, Citizenship, Immigration Services, Trump, NBC News, AIC, USDA, Conservative, CNBC Workforce, cnbccouncils.com, wec Locations: Mexico, Eagle, , Texas, Piedras Negras, U.S, United States, Madison, New York, Greensfelder, California, Prinkey, Boston, Austin
That's largely due to anxiety about higher costs of living, especially in retirement, experts told BI. Many high-income Americans are hoarding cash and trying to cut costs anywhere they can. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Cost-of-living stressThe pace of inflation has cooled significantly, but many Americans—even wealthy ones—are still dismayed that many costs are still higher overall. AdvertisementExperts, though, say oversaving could hurt Americans trying to build wealth in the long run.
Persons: That's, , spender, she's, I've, oversavers, Kitty Ritchie, Ted Rossman, Ritchie, he's Organizations: Service, of America, Drucker Wealth Management, Companies, Challenger, Michigan Locations: Michigan, America
Americans are doom spending
  + stars: | 2024-11-10 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +7 min
While this kind of catharsis might work to temporarily allay worries, experts say doom spending poses a danger to consumers’ long-term financial health. Joe Raedle/Getty ImagesThat financial gloom is powering doom spending and, in turn, driving up credit card debt. Beyond the economy, experts say that internet habits play a significant role in driving doom spending, especially for younger consumers. But Alev says that she anticipates a pop in spending whether Americans feel positively or negatively about the outcome of the election. How do you curb doom spending?
Persons: , Gen, “ We’re, Courtney Alev, , Alev, Donald Trump, Trump, Kamala Harris, , Sertan Kabadayi, Joe Raedle, Bankrate, Aja Evans, ’ ” Evans, hasn’t, ” Alev, Jeff Roberson, Biden, Evans Organizations: CNN, Wheaton College senior, YouTube, Credit, Gallup, Fordham University’s Gabelli School of Business, Federal, Federal Reserve Bank of Philadelphia, Finance, Brookings Institution Locations: Massachusetts, Miami , Florida, West Palm Beach , Florida
Georgetown University, University of Michigan and s3mc.orgGeorgetown University, University of Michigan and s3mc.orgWhat also stands out in the charts over time is the lack of a sustained narrative about either candidate. On average, over the 20 weeks The Breakthrough survey was fielded this year, roughly 76% of US adults said weekly they’d heard at least some news about Trump. In the 15 full weeks of data following Harris’ entry into the race, a slightly smaller share – about 71% on average – said they’d heard something about her. Sentiments expressed by political independents when talking about the news surrounding Trump were negative throughout the campaign. Their sentiment when discussing what they’d heard about Harris, which was close to neutral at the start of her candidacy, declined modestly throughout the fall, undercutting her advantage over Trump on that metric.
Persons: Donald Trump, Kamala Harris, Trump’s, Joe Biden, Harris, , Harris –, SSRS, Trump, Gallup’s Frank Newport, , , Hillary Clinton, they’d, Biden, , undercutting, Jennifer Agiesta, Edward Wu Organizations: CNN, Trump’s, Trump, Georgetown University, University of Michigan Locations: Puerto Rico
LinkedIn has seen a 29% increase this year in users who list their preferred pronouns. AdvertisementDetractors might consider it woke, but more professionals are including their preferred pronouns on their LinkedIn profiles. LinkedIn added space for users to include their preferred pronouns in their profiles in March 2021. Cooper, who said she doesn't indicate preferred pronouns, said that for some people sharing their pronouns can signal support for marginalized groups. She said that, ultimately, while some people find comfort in sharing their preferred pronouns, what that says about a person might be limited.
Persons: , John Deere, Davidson, it's, Michael West, Kathryn Bond Stockton, Stockton, Minjae Ormes, Davina Cooper, Cooper, she's, John Organizations: LinkedIn, Service, Harley, University of Utah, King's College London Locations: Australia
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