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With iOS 18, Apple is bringing updates to a wide range of apps and features, including Mail, Photos, iMessage, and Apple Wallet. And while iOS 18 will eventually feature Apple Intelligence features for the iPhone 15 Pro and iPhone 16 lineup, you'll have to wait until October to see those features start rolling out. AdvertisementHere are some of the changes we're most excited about iOS 18. A new home screen designApple iOS 18 lets you customize your home screen wallpaper, app icons, and widgets. Apple Maps is becoming more hiker-friendlyApple Maps will have topographic maps with detailed trail networks and hiking routes with iOS 18.
Persons: , it's, Ronak Shah, You'll, Craig Federighi, Apple Cash, Apple AirPods, Siri, Apple Organizations: Service, Apple, Apple Intelligence, Business, Tapbacks, Google, OpenAI Locations: Siri
The Federal Reserve is set to cut interest rates Wednesday for the first time in four years, which should make the yields for dividend stocks even more attractive, lifting the group. Using the CNBC Pro Stock Screener tool, we searched for stocks with a dividend yield above 3% and a low debt-to-equity ratio under 60%. Click here to view the results on CNBC Pro's Stock Screener tool and to make your own screener. Coterra Energy and ConocoPhillips are other energy names with strong dividends and attractive returns, according to the CNBC Pro screener. Other strong dividend stocks from the screen include Truist Financial and phosphate and potash mining company Mosaic .
Persons: Morgan Stanley, Devin McDermott, McDermott, Bank of America Wamsi Mohan, Mohan Organizations: Federal, Exxon Mobil, ConocoPhillips —, CNBC, Stock, CNBC Pro's, Energy, Exxon, Chevron, Devon Energy, Coterra Energy, ConocoPhillips, CNBC Pro, Hewlett Packard Enterprise, Bank of America
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The new platform, called Condor, was initially designed to replace a cobbled-together patchwork of different systems — some built more than a decade ago — underpinning Man AHL, the firm's systematic-trading arm. Over time, Man built different systems to trade them all. With Condor, Fitzgerald wants to bring those together — the research, the trading, and the logging — into a single platform. But software engineers adding functionalities, risk teams managing exposure, and support teams ensuring trading systems are running will also be using Condor.
Persons: , Barry Fitzgerald, Fitzgerald, cohead, it'll, Condor Organizations: Service, Business, Condor, Man AHL, AHL
Apple released the latest version of its iPhone operating system, iOS 18, on Monday, including several new security and privacy features. The rollout comes a week after Apple unveiled new versions of the iPhone, AirPods and Apple Watch. Here's a rundown of some new security and privacy features and how to access them. A new Passwords app to improve on iCloud keychainApple has created a separate app for storing user passwords. AI privacy protectionsSeparately, Apple will soon be launching Apple Intelligence, an artificial intelligence platform developed by Apple.
Persons: Steve Jobs, Apple, Jodi Daniels, Thorin, Klosowski, Daniels Organizations: Apple, Steve, Apple Watch, Red Clover Advisors, Electronic Frontier Foundation, Apple Vision, Apple Intelligence Locations: Cupertino , California, U.S, Keychain
New York CNN —Mostly large US corporations are projecting an average increase in their base pay budgets of 3.9% for next year, according to a new survey of 300 compensation leaders across 11 major industries from The Conference Board. That is lower than the 4.4% average increase they paid out in 2023, which marked a 20-year high for base pay raises. But it is a tick up from the 3.8% bump that companies were paying out this year, according to The Conference Board. Base pay budget increases are typically viewed as a proxy for the average raises employees may receive. Actual base pay increases next year may be different if economic and business conditions change.
Persons: Dana Peterson Organizations: New, New York CNN, The Conference Board, Conference Board, Base, ” Conference Board Locations: New York
These activities provide her satisfaction and purpose in ways more fulfilling than work. She infused her love for arts and crafts into the rest of my family. Now, a new study by Keyes and fellow researchershas found that engaging in creative activities can significantly boost well-being by providing meaningful spaces for expression and achievement. Additional study is needed to examine the social aspects of creative activities, researchers said. Arts and crafts for public healthThe researchers suggested that arts and crafts could improve public health.
Persons: Pennsylvania CNN —, , Helen Keyes, Keyes, researchershas, , ” Keyes, Frank Clark, Clark, ” Clark Organizations: Pennsylvania CNN, Anglia Ruskin University, Public Health, UK’s Department for Culture , Media, Prisma Health Locations: Southampton, Pennsylvania, England
As the Fed lowers its benchmark rate, mortgage rates are likely to go down. Mortgage rates often trend up or down ahead of expected Fed moves, but once a hike or cut is priced in, they tend to hold steady unless the Fed surprises everyone. Haymore also notes that mortgage rates could fluctuate depending on other information that comes out of this upcoming meeting. As it does, mortgage rates should trend down, too (as will the rates banks pay on high-yield savings accounts). If you got your mortgage more recently, you could save on your mortgage payment by refinancing.
Persons: , Freddie Mac, Scott Haymore, Haymore, you've, Matt Baker, Baker Organizations: Service, Business, Fed, TD Bank, Mortgage Bankers Association, Navy Federal Credit Union
Economists have long called for an overhaul of the nation's retirement age laws, currently among the world's lowest, which was set in an era of lower life expectancies. Raising the retirement age would help ease local governments' pension pool cash crunch, Sheana Yue, an economist from Oxford Economics said. Still, "more needs to be done to improve retirement adequacy," Maybank's Tay said, while stating that China needs a stronger pension plan and diversified investment avenues to ensure sustainable retirement savings. China's Ministry of Human Resources and Social Security has added a few tools for citizens to check their indicated retirement age on its website and mobile app. China may roll out "another round of delay in the late 2030s, especially if China's pension fund balance is tight," Xu cautioned.
Persons: Erica Tay, Tay, Bruce Pang, Tianchen Xu, Xu, Yue, Maybank's Tay Organizations: Getty, Maybank Investment Banking Group, CNBC, Economist Intelligence Unit, Oxford Economics, Academy of Social Sciences, China's Ministry of Human Resources, Social Security Locations: Fuyang, China, JLL, Beijing
Here are Friday's biggest calls on Wall Street: Raymond James initiates Arm as outperform Raymond James said the semis company is well positioned for AI. Citi downgrades Capri Holdings to neutral from buy Citi said the risk/reward is more balanced for the owner of brands like Michael Kors. UBS reiterates Oracle as buy UBS raised its price target on the stock to $200 per share from $175. The feedback on Oracle's top-line growth was overall positive..." UBS reiterates PNC as buy UBS said the bank is a high conviction idea. " Citi resumes Eli Lilly as buy Citi resumed coverage of the stock and says it's well positioned.
Persons: Raymond James, Jefferies, SLG, CFRA, it's, datopotamab, Michael Kors, haven't, Morgan Stanley, EQT, Citi, Eli Lilly, Lilly, Tesla, BEV, Wells Organizations: Arm Holdings, ARM, Citi, Green, Kroger, Macquarie, Rio Tinto, Deutsche Bank, AstraZeneca, Deutsche, Capri Holdings, Barclays, Garmin, GM, BMO, GE, UBS, Oracle, Oracle's, PNC, JPMorgan, Netflix, JPMorgan downgrades Moderna, Nvidia, NVIDIA Locations: GenAI, New York, Rio, RIO, Las Vegas
Read previewTax evasion, insider trading, and money laundering. "There are routine categories of illicit acts that wealthy individuals often endeavor out of sheer greed," Matthew Barhoma, a Los Angeles defense attorney, told Business Insider. Insider trading is 'rampant' among some wealthy circlesAnother common unlawful method that some of the rich use to get richer is insider trading, according to the attorneys. Like insider trading, money laundering — a process used to conceal the source of illegally obtained cash — is another illicit tactic used by some wealthy individuals, according to the defense attorneys. "Having dealt a lot with people who devise these kinds of fraudulent financial transactions, I will say that many of them are absolutely brilliant," said Ressler.
Persons: , Todd, Julie Chrisley, Chrisley, Mike, Matthew Barhoma, Barhoma, Tama Kudman, they've, Mark Ressler, he's, Uncle Sam, Kasowitz Benson Torres, it's, Kudman, Ressler Organizations: Service, Business, United States Treasury Department, Treasury Department, Defense, New Locations: , Los Angeles, Switzerland, Cayman, New York City
Because of her disability, Rachel doesn’t work. The SNT is in place to pay for unmet needs and enhance his quality of life after his parents die. Unlike SNTs, ABLE accounts can be owned and accessed directly by the person with the disability. However, like first-party SNTs, ABLE accounts may be subject to Medicaid payback after the individual with a disability dies. Like her mother, Rachel Tung has a love for San Francisco, its arts and its culture.
Persons: Linda Tung, Rachel, Tung, Tung’s, Rachel doesn’t, we’re, ” Tung, , David Goldfarb, ” Goldfarb, they’re, , Stephen Dale, Amin Muhammad Amy Tessler, Scott, ” Tessler, Tessler, ” Dale, You’re, Goldfarb, ” Hall, Dale, Sabrina Padillo, , Padillo, she’s, ” Padillo, fiduciaries, “ We’re, Tesslers, Scott ., SNTs, “ I’ve, Alisa Ferguson, Virginia’s, haven’t, ” Ferguson, Rachel’s, Rachel Tung, “ She’s, Amin Muhammad Mother, “ I’m, ” Rachel, … Everything’s, Hannah Frances Johansson, Amin Muhammad Organizations: Berkeley , California CNN, Population, Mercy, Hall Law Firm, Lawyers, Dale Law, Children, Housing, The Dale Law Firm, Services, San, Rehabilitation Care, Golden State, Trust, Alliance, Legion, de, Academy of Sciences, University of California, Graduate School of Journalism Locations: Berkeley , California, San, Golden, , San Francisco, Dale, Pacheco , California, Sunflower, California’s East Bay, Oakland, Sunflower Hill, San Diego, Thailand, Berkeley, Santa Cruz, de Young, Castro
How a U.S. spy tapped into Russian communication lines
  + stars: | 2024-09-13 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +2 min
Olson, who served more than 30 years overseas, had been intercepting sensitive Russian information that was being sent over microwave transmissions. For this series, Eamon Javers spent nearly a year investigating a criminal network and exploring how wealthy Russian hackers stole millions from U.S. investors. Javers interviewed FBI agents, prosecutors — and even spies like Olson — to reveal the shocking details of a massive criminal enterprise. Javers asked Olson what it feels like to go on such a mission, something he called "Mission Impossible stuff." "It's humbling because you have this sense that your country put that much trust in you to carry out that mission," Olson said.
Persons: Jim Olson, Olson, Eamon Javers, Javers, , we're Organizations: CIA, CNBC Senior Washington, FBI Locations: Moscow, Russian
Digital health company Noom on Thursday announced it will offer a compounded GLP-1 drug as part of a new weight loss product that starts at $149. Noom has offered weight loss programs for years, and consumers can already try to access those branded medications through its platform. Compounded GLP-1 medications are typically much cheaper than their branded counterparts. Most insurance plans cover GLP-1s when they are used to treat diabetes, but coverage of the weight loss drugs is less widespread. Consumers can get started with the Noom GLP-1 RX program by filling out an intake form on the website.
Persons: Wegovy, Noom, Geoff Cook, Cook, Dr, Adonis Saremi, They'll Organizations: CNBC, U.S . Food, Drug Administration, FDA Locations: U.S, United States
Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a "large and underserved" market of some 2.8 million British "digital nomads." "Bunq focusses on digital nomads who tend to roam the world," Ali Niknam, Bunq's CEO and co-founder, told CNBC via emailed comments. And in the U.K., Bunq is awaiting a decision from financial regulators on an application to become a licensed e-money institution, or EMI. Many of these positions will be part of a "tailored digital nomad" program that allows staff to work from anywhere in the world, Bunq said. Bunq earlier this year reported its first full year of profitability, generating 53.1 million euros ($58.51 million) in net profit in 2023.
Persons: Pavlo Gonchar, Bunq, Britain's, Ali Niknam, Niknam, Coinbase, Klarna, Bunq's Niknam Organizations: Getty Images, CNBC, European Union, U.S, EMI, PayPal Locations: United States, Amsterdam, Sofia, Istanbul, Munich, Paris, Dublin, Madrid, London, New York City
From the front door of X, which is closing up shop in San Francisco on Friday, Market Street runs straight through downtown to the bay. Now, as X leaves its spot, Market Street is still suffering from all the same problems it had before Twitter. After handing over millions of dollars in tax breaks to one of the world's wealthiest corporations, San Francisco has nothing to show for it. AdvertisementI keep remembering a work trip I took to San Francisco in 1999, a few years before I moved here. "Our focus remains on working with and supporting the many businesses that call San Francisco home," the statement reads.
Persons: Daniel Burnham, Elon Musk, Twitter, Ted Egan, Bon Marché, Paula Smith Arrigoni, restaurateurs, Dolby, Twitter didn't, Egan, Uber decamped, Musk, San Francisco, Adam Rogers Organizations: Twitter, Central Market, Anadolu, Getty, AQ, Area, Coalition, Apple, New York Times, San, Sony, Microsoft, Ikea, London Breed, Business Locations: San Francisco, Austin, South Park, California, Brisbane, Texas, scuzzy, gentrify, Alta, Oro, Bon, Kaya, Bay, Oakland
Tappable equity is the amount most lenders will allow you to take out while still leaving 20% in the home as a cushion. How to tap your home for cashAlternatively, a home equity loan is a type of second mortgage, which allows borrowers to pull cash while using the house as collateral. However, the current average home equity loan interest rate is 8.52%, according to Bankrate, notably higher than a 30-year fixed-rate mortgage. watch nowOtherwise, a home equity line of credit, also known as a HELOC, lets you borrow money against a portion of your home's equity. The average HELOC interest rate is just shy of 10%, according to Bankrate.
Persons: Jacob Channel, Andy Walden, Holden Lewis, Lewis Organizations: Louis Federal Reserve, Intercontinental Exchange's Mortgage, Intercontinental Exchange
These emotions are often indicators of empty nest syndrome. 5 ways to cope with empty nest syndromeThe best way to set yourself up for success is to plan ahead for being an empty nester, Glik says. These are additional ways that you can cope with empty nest syndrome, according to Glik: Be mindful of how you view your child leaving your home . In fact, it's a continuation of your relationship," Glik says. In fact, it's a continuation of your relationship," Glik says.
Persons: Rachel Glik, Glik, you've Organizations: CNBC, Invest
When I was growing up, it was a family rule that when you turned 16, you got a summer job. Among many other life lessons, her summer job became a crash course in finance — a lesson she desperately needed as a modern-day teen. Instead, I found myself constantly hitting the "transfer" button on my banking app to move money from my account to my daughter's. She learned the value of money after she started workingOnce my daughter got a job, she learned firsthand the hard work that goes into earning every dollar herself. Now, when she deposits her paycheck into her own bank account, she feels a great sense of pride and appreciation for the money she is able to save.
Persons: Peers Organizations: Service, Business
While it might look like there's a flurry of advertising hiring, industry insiders say the reality is more sobering. AdvertisementLegacy media companies have sharply cut staff in recent years, including sales, and those jobs aren't coming back. Disney has said it plans to automate half its ad sales. "The number of good job opportunities are few and far between because the large media companies are not hiring as quickly. "Ad sales is no longer ad sales," said Gary Stolkin, global CEO of The Talent Business, a global executive search firm specializing in the creative industries.
Persons: , they've, Jean, Paul Colaco, aren't, Dave Morgan, Lisa Valentino, David Lawenda, David Zaslav, David Ellison's, Christopher Vollmer, Simon Francis, Peter Naylor, Brian Lesser, Lesser, WPP's, Roku, Harry Kargman, Kargman, Krishan Bhatia, Gary Stolkin, Stolkin, who's Organizations: Service, Netflix, Business, Disney, Paramount, Warner Bros, NBA, Companies, MediaLink, TV, Media, Flock Associates, Progressive, Mobile, The Talent Locations: Teads, NBCUniversal
Apple Park is buzzing after Tim Cook and other executives took the wraps off the new iPhone 16 lineup, AirPods 4, AirPods Pro, and the latest Apple Watch Series 10. The Apple executives were careful to walk through how the new iPhone 16 will be outfitted with the company's flavor of generative AI features, called Apple Intelligence, and the new features available in iOS 18 as a result. AdvertisementOver the course of Apple's "It's Glowtime" event, the company showcased a range of AI features, new camera technology, and other improvements to both its hardware and software. Apple Intelligence will be closely integrated across iOS 18, and that means more people will likely use AI on a daily basis as a result. Not all of the features will be available right at the launch of the iPhone 16, with some available later in the year or even in 2025.
Persons: , Tim Cook Organizations: Service, Apple, AirPods, Apple Intelligence, Business, Google, ChatGPT . Apple Intelligence Locations: ChatGPT
We looked for places in the city but couldn't really find anything in our $1,500 budget that suited our needs. AdvertisementLooking back, I wish we'd spent more time looking for a place in the city instead of escaping to the suburbs. AdvertisementWhen we lived in the city, we'd see friends just about every weekend and could decide to hang out pretty spontaneously. My depression got worse, and I realized how much of my health and well-being had been tied to a city lifestyle. AdvertisementThe car culture in the suburbs really drove me over the edge; it got to the point where I stopped wanting to go out and do things.
Persons: , Randall Galbreath, Braden, COVID, we'd, we've, I've, Jane Zhang Organizations: Service, Business, Getty Center Locations: Chicago, Los Angeles, Chicago's Uptown, Arlington Heights, Lake Michigan, LA, Randall Galbreath West Hollywood, We're
Recently, after six years away, we returned to Glasgow to visit friends and family. AdvertisementNicole Findlay and her family were pleasantly surprised by how friendly people were in Scotland. In America, when asking about allergy specifics for my son, servers often make a note on their notepad to pass along to kitchen staff. In Scotland, servers asked us if we had allergies before I even had a chance to inquire. While the cigarette butts surprised my son, my husband and I noticed way more people vaping.
Persons: I'm, we'd, they'd, I'd, Nicole Findlay, Nicole Findlay Chips, crisps, haggis, Nicole Findlay's, , we'll Organizations: Service, Business, , America Locations: American, British, Glasgow, Scottish, America, Hawaii, Scotland, California
Toh Hong Keng/Henry Ahn Photo StudioHis family constantly checked on him, helping to dispel many waves of doubt. “The only reason why I decided to study medicine was because I wanted something useful to do,” he said. “If I can’t be a practicing doctor, at least I can look after myself somewhat,” he said. Feeling a little dejected, he got in touch with his family’s former domestic worker whose daughter recently graduated from medical school in the Philippines. A week later, in 2019 he packed his bags, found a small apartment on the island and started his medical school journey.
Persons: , Hong Keng, Toh, ” Toh, didn’t, flashcards, Toh Hong Keng, Henry Ahn, “ Sir Toh, Marvi Dulnuan, “ Mr Toh, , Hong, Atomic Leow Chuan Tse, Dr Howard Tucker, Tucker, he’ll Organizations: Hong Kong CNN, Southwestern University PHINMA, , Southwestern University, American Medical Association, University of Medicine, Pharmacy, Guinness World Records, University of Bradford, Association of American Medical Colleges, Private, Southwestern University for Toh Locations: Hong Kong, Malaysian, Cebu, Philippines, , Kyrgyzstan, Asia, 2019, United States, Romania, Europe, Cleveland , Ohio, Malaysia, Britain, London, jetting
Instead of high-net-worth individuals, C-suite executives in China are increasingly using business jets, said Paul Desgrosseilliers, general manager at ExecuJet Haite General Aviation Services. ExecuJet HaiteBEIJING — China's wealthy are increasingly looking for ways to move capital outside the mainland to pursue business opportunities, rather than just chasing investment returns, according to asset managers and consultants. The company's active overseas clients rose by nearly 63% year on year to 3,244. Overseas assets under management rose nearly 15% to $5.4 billion from a year earlier, while mainland China assets under management fell over 6% to $15.8 billion, according to Noah's quarterly earnings report. "What we are hearing from them is that the fastest growth in terms of interest from Chinese clients [occurred] in the post-Covid [period to] early last year."
Persons: Paul Desgrosseilliers, ExecuJet, there's, Ryota Kadogaki, Grant Pan, Noah Holdings, Noah, Kadogaki, Mu Chen, That's, Pan, ExecuJet Haite Organizations: General Aviation Services, Beijing Daxing, Monolith, Investors, Ministry of Commerce, CNBC, Noah Holdings, Beijing Daxing International Locations: China, Beijing, BEIJING, Japan, Mainland China, Singapore, Hong Kong, Southeast Asia, East, Africa, Asia Pacific
The lecture was part of an event series in New York City called "Lectures on Tap," which invites working adults to attend interesting lectures in bars. They were particularly fond of an event series called "Profs and Pints," in which college professors gave lectures in bars. To fill the gap, they decided to launch their own event series, which they called "Lectures on Tap." Felecia and Tyrone Freely, the organizers of NYC's "Lectures on Tap" event series. "They think 'Lectures on Tap' is the perfect place to meet a partner," she said.
Persons: , Jason Wright, Dyson, Amanda Firine, Tyrone, Felecia, Zs, millennials, Alan Huse Organizations: Service, Brooklyn , Pennsylvania State University, Business, Columbia University, TED, Firine Locations: Brooklyn ,, New York City, Tyrone, Washington , DC, New York
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