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☆ Beyond the obvious, here are the business benefits of investing in employee wellbeing
▼ + stars: | 2024-09-17 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

Employers know that prioritizing employee wellbeing is the right thing to do, but there are also business benefits. Investing in work wellbeing does more than improve employee morale — it can also drive tangible business benefits. Oxford recently analyzed Indeed's work wellbeing dataset and highlighted a strong correlation between company wellbeing and business performance. Moreover, the Indeed-Oxford research reveals the long-term business benefits of prioritizing employee wellbeing. Indeed further strengthened the business case for work wellbeing with the launch of the Work Wellbeing 100, an index ranking the top 100 publicly traded companies by their Indeed Work Wellbeing Score.

Persons: Russell, — LaFawn Davis, Davis Organizations: Oxford, University of Oxford, Nasdaq, Forrester Research, Companies, Insider Studios Locations: Oxford, millennials

☆ CNBC Daily Open: Tech might not be the biggest beneficiary of rate cuts
▼ + stars: | 2024-09-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Gary Hershorn | Corbis News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineTechnology stocks benefit the most from low interest rates, conventional market wisdom says. When rates are low, that proposition appears attractive because returns are low elsewhere. This implies investors have been moving out of tech to other sectors that might experience tailwinds amid lower rates.

Persons: Gary Hershorn, Goldman Sachs, Christopher Barto, It's, CNBC's Hakyung Kim, Pia Singh, Yun Li Organizations: Trade Center, Corbis, CNBC, Nvidia, Meta, U.S . Federal, VanEck Semiconductor, Nasdaq, Dow Jones, Fort Pitt Capital Locations: Manhattan, Jersey City , New Jersey

☆ This 38-year-old is financially independent with passive income. Here's how he built a 7-figure real estate portfolio
▼ + stars: | 2024-09-17 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Shu Matsuo Post, 38, built a $2 million real estate portfolio, according to documents seen by CNBC Make It. Over the course of about seven years, the 38-year-old consistently poured over 50% of his and his wife's dual income into real estate investing. Beginning of real estate investing journeyMatsuo Post's journey toward financial independence was not straightforward. Pivoting his career multiple times, he worked in industries like journalism, retail and technology before entering real estate. "We found real estate and kept talking about it, and then we decided that we can live off of one income," Matsuo Post said.

Persons: Shu Matsuo, Matsuo, it's, Matsuo Post, Christina, I'm, that's Organizations: CNBC, Matsuo Post, FI, YouTube Locations: U.S, Japan, Hong Kong, Minnesota, New York

☆ I took a $13,000 pay cut to work as a deckhand on a superyacht. I don't regret it as it gave me a career I can grow in.
▼ + stars: | 2024-09-17 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +6 min

This as-told-to essay is based on a conversation with Nathan Marx, a deckhand for a superyacht. I knew some friends who had entered the yachting industry since leaving school, and it looked very intriguing and adventurous. AdvertisementMy previous job had long hours and was hard work, which made me comfortable stepping into the yachting industry. We also had the privilege of hiking up into the old city, an amazing experience I don't think I would've had otherwise if I wasn't into the yachting industry. But the yachting industry is a tight-knit community that's made me very happy over the past few months, so I'll stay for as long as possible.

Persons: Nathan Marx, I'm, that's, Will Smith, haven't Organizations: Service, Business Locations: South Africa, Antibes, France, Monaco, I'm, Corsica

☆ Looking for tech stocks? CIO names 3 to buy — and says Nvidia is still 'reasonably valued'
▼ + stars: | 2024-09-17 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

Tech stocks may have had a volatile past few weeks , but one chief investment officer is still bullish. The chief investment officer believes Nvidia's stock is "reasonably valued," based on its two to three-year outlook. "We've been doing that, and we've been pretty happy with the price we've been getting," he added. Broadcom shares fell 7% in extended trading following its results announcement, but remain up close to 47.5% year-to-date. Nineteen of 33 analysts covering the stock give it a buy or overweight rating, according to FactSet data.

Persons: Jason Ware, Jensen Huang's, Ware, CNBC's, We've, we've, Oracle Corporation Ware, it's, Leswing, Jordan Novet Organizations: Microsoft, Nvidia, Oracle, Broadcom, Oracle Corporation, Apple, Tesla Locations: Albion

☆ What's next for crypto investing after ETFs
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat's next for crypto investing after ETFsCNBC's Tanaya Macheel joins "Halftime Report" to discuss what's next for crypto investing.

Persons: Macheel, what's Organizations: CNBC's

☆ Big AI models will be commoditized — the value will come from the applications, Infosys chair says
▼ + stars: | 2024-09-17 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Massive artificial intelligence models built by the likes of OpenAI will eventually become commoditized with the next wave of value in the technology coming from the applications that are built on top of the models, the co-founder and chair of Infosys told CNBC on Tuesday. Large language models are the AI models trained on amounts of data and they underpin applications like ChatGPT. Companies such as OpenAI and Meta are among the biggest players in this space. Nandan Nilekani, co-founder of Infosys, said there are going to be many different LLMs around the world. "Ultimately, the models will become more commoditized and the value will switch to the application layer and the whole stack."

Persons: OpenAI, Nandan Nilekani, Nilekani, CNBC's Organizations: Infosys, CNBC Locations: India

☆ Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
▼ + stars: | 2024-09-17 | by ( Zahra Tayeb | ) www.cnbc.com time to read: +5 min

From property woes to sluggish economic data, China appears to be suffering from long Covid. Wall Street turns bullishBillionaire investors, including Appaloosa Management founder David Tepper and "Big Short" investor Michael Burry, recently revealed they are sticking to their China bets. The famed investor loaded up on Alibaba stock in the second quarter, revealing an $11.2 million position in the company. That makes Alibaba Burry's largest holding, with other Chinese tech stocks including Baidu and JD.com also featuring on Burry's portfolio. Meanwhile, BCA Research recently upgraded Chinese onshore stocks to overweight, with China strategist Jing Sima expecting Chinese onshore stocks to passively outperform global equities.

Persons: Jiang Sheng, It's, Ted Alexander, CNBC's, David Tepper, Michael Burry, Alibaba, Tepper, Burry, JD.com, Jing Sima, George Boubouras, Goldman Sachs, Song Zhiyong, Eric Lin Organizations: Visual China, Getty, Appaloosa Management, KE Holdings, Baidu, BCA Research, K2 Asset Management, CNBC, Bank of America, National Bureau of Statistics, China's Ministry of Transport, Civil Aviation Administration, Asia Pacific Summit for Aviation Safety, Paris Olympic Games, Greater, Greater China Research, UBS Locations: China, Beijing, Wall, Japan, South Korea, Singapore, Europe, Greater China

☆ We spent $900,000 to build a glass house. Airbnb guests love it, and it's a dream to live at one with the outdoors.
▼ + stars: | 2024-09-17 | by ( Dan Latu | ) www.businessinsider.com time to read: +10 min

This New Zealand home inspired Hawthorne to build a glass house in San Diego and another one in North Carolina. The design for the glass house had been on my mindHawthorne took some inspiration from Phillip Johnson's Glass House in Connecticut. It is somewhat based off Philip Johnson's Glass House, which has been one of my favorite architectural projects of all time. I planted a maple tree on our dock, which has become a destinationThe maple tree is watered by a Wi-Fi-operated irrigation system. We're renting out the glass house, but I dream of growing old thereWe drove the Airstream back to San Diego and came back here full-time in early August.

Persons: —, Andrew Hawthorne, Maya, Hawthorne, Andrew Hawthorne I'm, Andrew, Maya Hawthorne, let's, Phillip Johnson's, Philip Johnson's, Gaston, That's, I'm, I'd, it's, Lake Gaston, It's, We've, Andrew Hawthorne . Organizations: Service, Business, San, Lake Gaston, YouTube Locations: North Carolina, New Zealand, Hawke's, Zealand, San Diego, Park City , Utah, Lake Gaston, Raleigh, Connecticut, Zillow, Lake, NICU

☆ Our approach to the stock market heading into the Fed's big Wednesday decision
▼ + stars: | 2024-09-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Muted session: U.S. stocks were flat Tuesday after the S & P 500 briefly made a new all-time high in the session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, hasn't, We're, Marc Benioff, Mills, Jerome Powell, Jim Cramer's, Jim, Kevin Mohatt Organizations: CNBC, Procter, Procter & Gamble, Jim Cramer's Charitable, U.S . Federal, Federal, Committee Locations: Procter &, San Francisco, Washington , U.S

☆ An 'AI apocalypse' is coming to investing. How financial advisors can prepare
▼ + stars: | 2024-09-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

Artificial intelligence is expected to transform the way companies do business, including those in financial planning and investment management. That means financial advisors need to get onboard or risk being left behind. Of course, financial advisors have been using some technology, like financial planning software, for years. Still, AI will help financial advisors do their jobs better — not necessarily put them out of work. What to do Nexus Strategy's Welsh believes financial advisors should begin getting comfortable with current AI capabilities.

Persons: Craig Iskowitz, Anthropic's Claude, Vincent Gudsdorf, Leo Kelly, Verdence, Kelly, Timothy Welsh, Welsh, Iskowitz, That's, Verdence's Kelly, It's Organizations: Ezra Group, AIs

☆ Burnout could be to blame for security failures around Trump, former Secret Service agents say
▼ + stars: | 2024-09-17 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

In a Monday press conference discussing the incident, the acting director of the Secret Service called for "some hard conversations with Congress." "If I was making decisions, I would push them to eliminate all their investigations, aside from investigating threats toward people under Secret Service protection." Because the men and women of the Secret Service right now, we are redlining them." Of the Department of Homeland Security's $64.81 billion total budget, the Secret Service in 2024 was allotted $3.27 billion — increasing less than $400,000 since 2022. Secret Service agents "are rising to this moment," Rowe said, but "We have to have it every day.

Persons: Donald Trump, Trump, Kenneth Valentine, Valentine, Valentine —, Jeffrey James, —, James, there's, Ronald Rowe, Rowe Organizations: Service, Business, Trump International Golf, Secret Service, Department of Homeland Security, Department of, Treasury, DHS, Secret, Walmart, Trump, Department of Homeland

☆ These Mormon influencers turned their shocking scandal into a reality TV show. It's been good for business.
▼ + stars: | 2024-09-17 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +10 min

She's also the star of a hit new reality TV series. "The Secret Lives of Mormon Wives," which premiered on Sept. 6, broke streaming records for Hulu, becoming its most-watched unscripted season premiere in 2024 so far. "The exposure, it's a different level," Paul says of reality TV fame. Disney/Natalie CassSubjecting yourself to reality TV editors can be risky — but if it works, it's great for businessPrior to "Mormon Wives," Neeley already had a business of her own: Babymama, a line of natal nutrition gummies. AdvertisementEven when it's chock-full of drama, the show has already been a boon for business, Neeley says.

Persons: TikToker Taylor Frankie Paul, Tate, Olivia Rodrigo's, Dakota Mortensen, She's, Paul, wrangled, swingers, sodas, Pepper, castmate, Neeley, Mortensen, Taylor Frankie Paul, Fred Hayes, —, she's, It's, Disney, Natalie Cass, it's, she'd, Whitney Leavitt, I've, Leavitt, we're Organizations: Service, Indy, Business, Hulu, Disney Locations: TikTok, Utah, New York City, New York, Salt Lake City

☆ Wednesday's big stock stories: What's likely to move the market in the next trading session
▼ + stars: | 2024-09-17 | by ( Jason Gewirtz | ) www.cnbc.com time to read: 1 min

Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching during Tuesday's trading and what's on the radar for the next session.

Organizations: New York Stock Exchange, CNBC Locations: New York City

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are down and hovering near 5.60%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates have decreased and are hovering below 5%, according to Zillow data. Last month, 30-year refinance rates averaged 6.59%, while 15-year refinance rates were around 5.90%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.

Persons: it's, you'll, Freddie Mac, they've, They'll, refinance Organizations: Fed, Federal Reserve, Zillow Locations: Chevron

☆ How data-security posture management could make your cloud systems less vulnerable
▼ + stars: | 2024-09-17 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

Companies can face data-security challenges with cloud storage and access management. Dan Benjamin, the senior director of product management at Prisma Cloud, a cloud-security platform made by Palo Alto Networks, said that incorporating data-security posture management into cybersecurity strategies could help solve many of these problems. This is crucial, as an IBM report published in 2023 estimated that 82% of data breaches involved data stored in the cloud. Organizations also often use several cloud systems and sometimes lack a solid security strategy for maintaining, updating, and securing data. Liat Hayun, the vice president of product management and research of cloud security at the cybersecurity company Tenable, said cloud environments' flexibility makes them attractive to companies.

Persons: —, Dan Benjamin, Benjamin said, Liat Hayun, Tenable, they're, Hayun, haven't, Benjamin, DSPM, Julie Madhusoodanan, Madhusoodanan Organizations: Service, Palo Alto Networks, LinkedIn, Companies Locations: DSPM, Normalyze

I recently bought a used car, and I ended up getting gap coverage and an extended warranty. Gap insurance is crucialGap insurance is a type of car insurance that covers the difference between what you owe on your car loan or lease and the car's actual cash value in the event that your vehicle is totaled or stolen. So, for me, paying $1,060 extra for gap coverage and also checking to make sure my auto insurance coverage is sufficient is well worth it. If you're looking for the best car insurance, look no further. MaxCare provides coverage for unexpected vehicle repairs after the manufacturer's warranty has expired, protecting you from high out-of-pocket repair costs.

Persons: —, MaxCare, I'm Organizations: Service, CarMax Locations: CarMax

☆ I got hired at Google without even a high school diploma. Here are my 3 tips for others with nontraditional backgrounds.
▼ + stars: | 2024-09-17 | by ( Robin Madell | ) www.businessinsider.com time to read: +9 min

Read previewThis as-told-to essay is based on a conversation with James Thompson, a 40-year-old strategic partner development manager at Google from London. In 2023, after over two decades of working in the tech and telecommunications industry, I landed a job at Google as a strategic partner manager. I never thought I'd be even considered for a role there because my tech career didn't begin with a traditional background. I dropped out of high school and polytechnicI dropped out of high school at age 17. AdvertisementI've been at Google for just over a year now and my experience has been amazing so far.

Persons: —, James Thompson, It's, I'd, didn't, I've, I'm, it's, Jane Zhang Organizations: Service, Google, Business, Vodafone, Cisco, British Telecom, LinkedIn, Big Tech Locations: London, New Zealand

☆ Astrophotographers outline the 3 mistakes you're making when snapping photos of the moon and how to fix it
▼ + stars: | 2024-09-17 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

AdvertisementHere are some mistakes you may be making while photographing the moon and how to fix them, according to two professional astrophotographers. Mistake 1: Taking photos at the wrong timeJon Carmichael captured the moon during a lunar eclipse. The silver lining is you can get better detail because you're shooting through less atmosphere and the photos will be clearer. Taking photos closer to sunset gives you more lighting compared to later at night, which will make taking a cellphone picture easier. "If you're shooting in any kind of auto setting, then you're making the camera decide for you," Carmichael said.

Persons: —, Jon Carmichael, astrophotographer Andrew McCarthy, McCarthy, " McCarthy, that's, astrophotographer Jon Carmichael, Carmichael, you'd, supermoons, there's what's, maria, Les Shu, AMAN ROCHMAN Organizations: Service, Business, . Portland Press Herald, Samsung, Android Locations: there's

☆ Companies that 'prioritize work flexibility' have the happiest workers, new ranking shows
▼ + stars: | 2024-09-17 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

1 for employee wellbeing, according to the 2024 Work Wellbeing 100 from Indeed and the University of Oxford's Wellbeing Research Centre. Indeed's ranking found that companies with higher work wellbeing scores also have higher valuations, returns on assets and profits. "A lot of these companies tend to prioritize work flexibility," says Kyle M.K., a talent strategy advisor at Indeed. "Companies that provide choice are the ones that tend to have a much better reputation among their employees," M.K. "By prioritizing work wellbeing, companies cultivate a more resilient, effective and happier workforce which ultimately drives business growth."

Persons: Kyle M.K, LaFawn Davis, Indeed's Organizations: University of Oxford's, Research, Nasdaq, Companies, Block, Human, Delta Air Lines, Accenture Nike, International Disney Parks, Flex, Walt Disney Company Wipro, Vans, Technology Solutions, Bros Coffee Microsoft FedEx Freight, CNBC

☆ The Apple Watch Series 10 offers mostly minor upgrades, but faster charging is a big plus
▼ + stars: | 2024-09-17 | by ( Todd Haselton | ) www.cnbc.com time to read: +3 min

Loren Elliott | ReutersThe new Apple Watch Series 10 hits stores on Friday. The Apple Watch Series 10, as its name implies, marks the tenth year of the Apple Watch. It's already available for the Apple Watch Series 9. The Apple Watch Ultra and Ultra 2 are compelling in part because they offer up to 36 hours of battery life. Apple is reportedly working on blood glucose monitoring or blood pressure monitoring for the Apple Watch.

Persons: Loren Elliott, I've, there's, Tim Cook, Apple, It's Organizations: Reuters, Apple, Apple Watch, Drug Locations: Cupertino , California

☆ Americans are piling into a hot new type of ETF investing
▼ + stars: | 2024-09-17 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

Read previewThe popularity of exchange-traded funds has skyrocketed over the past decade as more Americans have opted for them over mutual funds. Further, between 2014 and 2024, assets under management in ETFs were at 16%, versus 84% for mutual funds. Related storiesAn increased number of money managers are choosing to offer so-called model portfolios using ETFs as the main vehicles. This means managers opting for the ETF model portfolios have a range of active funds and expertise to choose from. It's a combination of ETFs, mutual funds, and separate accounts that are merged into a strategy.

Persons: —, Matt Barry, Jon Maier, It's, Maier, Barry, Merrill Lynch's Organizations: Service, JPMorgan, Business, Touchstone Investments, Morgan, Management

☆ My family moved to Switzerland 8 years ago. We couldn't find the type of life we wanted in the US.
▼ + stars: | 2024-09-17 | by ( Amy Aves Challenger | ) www.businessinsider.com time to read: +5 min

Read previewMy husband and I have three kids and four pets, and we've moved a lot in search of the American dream. We missed our laid-back, California progressive-style life, and we wanted our kids to grow up outdoors, around creative thinkers. My kids can move around independentlyIn Switzerland, most of our kids' new friends wandered out independently, walking, cycling, and using public transportation. Related storiesMy family was welcomedInternational families in Switzerland welcomed my family into a school community with people from over 40 countries with varied learning styles. AdvertisementWhile I witnessed various parenting styles in the Swiss international community, parents who overmanaged kids' friendships, teacher relationships, and academic performance weren't tolerated in Switzerland.

Persons: —, we've, I'd, Lynn, We've, that's, they'd, weren't, we'd Organizations: Service, Business, Swiss, Kids Locations: New York, Bay, California, Marin County, Connecticut, Fairfield, Switzerland, Swiss

☆ Amazon says hot desks don't work for headquarters staff in the RTO era
▼ + stars: | 2024-09-17 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

Unassigned desks help companies save on real estate because they typically have fewer desks than employees, rather than assigned workstations. In a Monday memo to employees, Jassy said that the company is going to bring back assigned desks in offices that once had them. Amazon's return to office and return to a fixed-desk mandate is in line with its recent crackdown on pandemic-era benefits. AdvertisementThe end of hot deskingWhile hot desking was first introduced by IBM in the 1990s, it became especially popular after the pandemic. Others hate moving their things around and having to adjust their desks and computers each time they begin to work.

Persons: —, Andy Jassy, Jassy, Amazon's, Meta, that's Organizations: Service, Business, CNBC, Puget, ., IBM, Employees, Tech, Google Locations: Arlington , Virginia, Europe, View , California

☆ A push toward sustainable jet fuel is leaving investors with unanswered questions
▼ + stars: | 2024-09-17 | by ( Jenni Reid | ) www.cnbc.com time to read: +8 min

Bloomberg | Bloomberg | Getty ImagesThe aviation industry still sees so-called "sustainable aviation fuel" (SAF) as the only viable way to meet its decarbonization targets, even as opposition and the potential for higher costs for passengers pose obstacles to the fast-growing sector. SAF is a broad term describing fuel that is burned by an aircraft engine, but instead of using kerosene is derived from more sustainable sources. The planemaker said it is collaborating with producer HIF Global on the development of methane-based fuels, and investing in alcohol-to-jet fuel producer LanzaJet. But IATA's own forecast for SAF production to triple in 2024 to 1.9 billion liters would cover just 0.53% of aviation fuel demand for the year. "The truth is, it's going to be more expensive, you can't really sugarcoat that," said HIF Global's Clara Bowman.

Persons: Neste, HIF, Buzz, Lauren Riley, Riley, Rick Nagel, You've, Clara Bowman, Bowman, United's Lauren Riley, HIF Global's Clara Bowman Organizations: SAF, Bloomberg, Getty, United Airlines, Chicago O'Hare International, Labour, Airbus, Farnborough Air, CNBC, International Air Transport Association, Acorn Capital Management, Porsche, HIF, Union's Renewable Energy Directive, Biden, Boeing, Google, Embraer Locations: Singapore, Chile, Texas, U.S, America

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