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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto regulation: A 'principles-based' approach is best, CFTC saysCaroline Pham, commissioner of the Commodity Futures Trading Commission, says such a framework means "you don't have to envision every possible permutation of what a future product or market might look like … instead, you want to ensure that we are adhering to basic standards."
Persons: Caroline Pham Organizations: Futures Trading Commission
There's a "rich" catalyst path ahead for Microsoft shares, according to Citi. The firm initiated a positive 90-day catalyst watch on Microsoft shares. While the tech giant's stock is up nearly 40% year to date, it has lagged on a relative basis since it issued disappointing quarterly revenue guidance in July. Microsoft shares have declined 5% since, while other shares in its peer group have gained 4.9%. Radke's initial read on fiscal first-quarter earnings is more positive owing to inputs on cloud consumption trends and stabilization in the PC market.
Persons: Tyler Radke, Radke, — CNBC's Michael Bloom Organizations: Microsoft, Citi, CoPilot
CNN —If you’re thinking about buying a new car, you might be warily watching news about a possible United Auto Workers strike. It depends on the vehicle you’re shopping for and on your own level of flexibility in that choice. New vehicle inventories are leaner than they’ve been before past strikes, said Pat Ryan, CEO of the car shopping site CoPilot, which closely tracks dealership inventories. So vehicle production at Mexican and Canadian factories could well shut down at some point if a strike drags on. In some ways, you might find this all somewhat similar to car shopping during the era of post-covid vehicle shortages, said Ryan.
Persons: Pat Ryan, , “ They’ve, ” Ryan, Stellantis, Ryan, that’s, , Ivan Drury, Michelle Krebs, Thomas Goldsby, Stellantis’s, GM’s, , you’re Organizations: CNN, United Auto Workers, Motors, Ford, Toyota, Honda, Hyundai, Chevrolet, GM, Dodge, GMC, Edmunds.com, AutoTrader, Ford Bronco, UAW, University of Tennessee, Factories, Chevrolet Trailblazer, Trax, Auto Locations: American, Mexico, Canada, United States, North America, South Korea, Italy, China
Source: Heritage DharampuraIt's now a 14-room boutique hotel, which received an honorable mention in 2017's UNESCO Asia-Pacific Awards for Cultural Heritage Conservation. It was transformed into a heritage hotel in the 1960s and is now impeccably managed by the Taj Group. Taj Lake Palace Source: Taj Lake PalaceStraight out of a fairy tale, the Taj Lake Palace boasts domed pavilions, ornamental turrets, crystal chandeliers, and 83 antique-filled rooms and suites, some which overlook a gleaming courtyard that hosts nightly folk dances. Source: Taj Usha Kiran PalaceToday, it's a lavish Taj hotel that balances old-world vibes with contemporary style. It is now a heritage hotel managed by the Taj Group.
Persons: Jehan Numa, Jehan, Palace, General Obaidullah Khan, Vijay Goel, James Bond, Taj Falaknuma, , Taj Usha Kiran, it's, King Charles , Louis Mountbatten, Jacqueline Kennedy, Bhanj Deo, There's Organizations: UNESCO, Cultural Heritage Conservation, Taj, Taj Group, Royal, Rambagh, Jaipur, Cochin — Locations: India, Odisha, Rajasthan, Bhopal, Dharampura, Delhi, UNESCO Asia, Jama Masjid, Old Delhi, Udaipur, Pichola, Mewar, Taj Lake, Lake, lavishness, Falaknuma, Nizam, Hyderabad, Windsor, Gwalior, Rambagh, Jaipur, Baripada, Chittoor Kottaram, Kochi, Chittoor, , Cochin
He was the US Special Envoy for Syria and the senior director for Iran, Iraq, Syria and Lebanon on the National Security Council staff during the Trump administration. After that, China’s National Bureau of Statistics said it would suspend publishing youth unemployment data in the future. What does it signify that China’s national power, which today is vast, is almost certain to be weaker in the future? If Xi and his strategists have a feasible plan for nimbly averting China’s demographic doom, they are keeping very quiet about it. This brings us back to the question of national security strategies for the United States and its allies.
Persons: Peter Bergen, Peter Bergen ”, Joel Rayburn, Trump, Biden, Saddam Hussein’s, Lloyd Austin, China’s, Xi Jinping, Stephen Shaver, , Ng Han Guan, Xi, China “, ” Trump Organizations: New, Arizona State University, Apple, Spotify, American Center for Levant Studies, New America, US, National Security Council, CNN, Strategy, Pentagon, of Defense, Development Research Center, Communist Party, UPI, Manpower, Census Bureau, National Bureau of Statistics, Financial, China’s Southwestern University of Finance, Economics, Rocky, United Nations, Beijing, Pew Research Center, Communist, Trump administration’s National Security, Twitter, Trump Locations: New America, Syria, Iran, Iraq, Lebanon, Washington, China, United States, Saddam Hussein’s Iraq, al Qaeda, Ukraine, People’s Republic of China, Beijing, India, Yarkent County, China's Xinjiang Uyghur Autonomous Region, Saudi Arabia, USSR, Russia, Russia’s Ukraine, Vietnam, Korea, Italy, Japan, Taiwan, Hong Kong
By Kate Woolley, IBMBy now most of us have played around with generative AI, amusing ourselves with witty pet poems or challenging AI to perform tasks like spelling "lollipop" backward. But while these fun use cases of AI are deservedly having a moment, what should really be celebrated is the transformative power of generative AI for business. Partners should double down on building AI skills and capabilities so they can collaborate and scale AI adoption across industries. With the right technology and skills, business partners will be able to co-create with their clients today and help them envision what they can build tomorrow. We all want to succeed, and only together can we take full advantage of the opportunities that generative AI presents.
Persons: Kate Woolley Organizations: IBM, Companies, Education, Insider Studios Locations: hyperscalers
PARIS, Sept 6 (Reuters) - Verkor should complete the first tranche of fundraising for its future battery gigafactory in Dunkirk, France, in the coming weeks, co-founder and chief customer officer Philippe Chain told Reuters. The Grenoble-based startup's gigafactory is one of four electric vehicle battery factories planned in northern France. Verkor has already raised around 350 million euros, mainly for a new innovation centre, a pilot production line already in operation and a "battery school" to train future employees. Construction of the gigafactory has begun and it will have an initial annual production capacity of 16 gigawatt hours (GWh) - including 12 for Renault (RENA.PA), which owns more than 20% of Verkor. Taiwan's ProLogium also plans a gigafactory in Dunkirk with a capacity of 30 GWh in 2030.
Persons: Philippe Chain, Verkor, Taiwan's ProLogium, Nick Carey, Gilles Guillaume, David Evans Organizations: European Union, Renault, Automotive Cells Company, ACC, Mercedes, TotalEnergies, Thomson Locations: Dunkirk, France, Munich, Grenoble
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to invest in real estate without buying a homeReal estate investment trusts are tax-advantaged funds that buy and manage properties worldwide. They give investors exposure to the market for housing without the burden of a mortgage. These funds traditionally support strip malls, hotels and apartment complexes. Today, many diversified firms offer exposure to rental housing, data centers and industrial assets. U.S. REITs control $4.5 trillion in real estate assets and analysts envision more growth ahead.
Stian Jenssen, the chief of staff to the secretary general of NATO, recently had his knuckles rapped when he commented on possible options for an end to the war in Ukraine that did not envision a complete Russian defeat. He also said that “it must be up to Ukraine to decide when and on what terms they want to negotiate,” which is NATO’s standard line. But the damage was done. The remarks provoked an angry condemnation from the Ukrainians; a clarification from his boss, Jens Stoltenberg; and ultimately an apology from Mr. Jenssen. The contretemps, say some analysts who have been similarly chastised, reflects a closing down of public discussion on options for Ukraine just at a moment when imaginative diplomacy is most needed, they say.
Persons: Stian Jenssen, “ I’m, , Jens Stoltenberg, Jenssen Organizations: NATO Locations: Ukraine, Norway
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsAug 30 (Reuters) - British officials are warning organisations about integrating artificial intelligence-driven chatbots into their businesses, saying that research has increasingly shown that they can be tricked into performing harmful tasks. The NCSC said that could carry risks, particularly if such models were plugged into other elements organisation's business processes. "They might not let that product be involved in making transactions on the customer's behalf, and hopefully wouldn't fully trust it. The security implications of AI are also still coming into focus, with authorities in the U.S. and Canada saying they have seen hackers embrace the technology.
Persons: Dado Ruvic, Raphael Satter, Alex Richardson Organizations: REUTERS, Cyber Security, Authorities, Thomson Locations: guardrails, U.S, Canada
Zeljkosantrac | E+ | Getty ImagesWhen it comes to planning for longevity, experts say it helps to envision your future self. A new aging filter trending on TikTok can help make that a reality. Use an aging filter to overcome retirement inertiaA recent Bankrate survey found not saving for retirement early enough is the number one financial regret. Experts say increasing your retirement savings deferral rate just slightly, say by 1%, can make a big difference over time. watch nowThe TikTok aging filter may serve as inspiration, but only if savers take the necessary follow-up steps, experts say.
Persons: Hal Hershfield, Joseph Coughlin, Coughlin, Hershfield, Carolyn McClanahan Organizations: Massachusetts Institute of Technology, University of California, Planning Partners, CNBC Locations: Los Angeles, Jacksonville , Florida
We finished “Bottoms,” and “The Bear” came out a month later and her world changed. The way queer teen characters are always so innocent in teen movies. “Bottoms” builds on a lot of the teen movie canon, starting with “Heathers.” What else did you use as a reference? We pulled from that era of the ’90s — I guess “Heathers” is the ’80s — but that kind of female, campy, driven, high school and murder [comedy]. That movie strikes such a beautiful tone of campiness while caring deeply about the characters — it’s right on the edge.
Persons: Ayo, Rachel, ” It’s, she’s, It’s, ” She’s, , they’re, , There’s, Liz
"It's hard to envision," McEnroe said of whether anyone not named Novak Djokovic, Carlos Alcaraz, Daniil Medvedev or even Jannik Sinner could triumph. "But it would be incredible for an American player to make a breakthrough to me, but the likelihood is that it isn't going to happen. "You can see it's going to be Djokovic or Alcaraz, Medvedev is the next guy, and then Sinner. But the North American hard court swing following Wimbledon has been disappointing for the 25-year-old son of immigrant parents from war-torn Sierra Leone. Tommy Paul, who beat Alcaraz at the Canadian Open, Wimbledon quarter-finalist Christopher Eubanks and Sebastian Korda are among the other American players who will look to snap the Grand Slam dry spell at the U.S. Open, which runs from Aug. 28-Sept. 10.
Persons: Frances Tiafoe, Spain's Carlos Alcaraz, Mike Segar, John McEnroe, Andy Roddick, Taylor Fritz, McEnroe, Novak Djokovic, Carlos Alcaraz, Daniil Medvedev, Francis, Alcaraz, Medvedev, Rafa Nadal, Michelle Obama, Fritz, Djokovic, Tommy Paul, Christopher Eubanks, Sebastian Korda, Rory Carroll, Toby Davis Organizations: Spain's Carlos Alcaraz REUTERS, U.S, Flushing, ESPN, Spanish, Wimbledon, Washington DC, Canadian, U.S ., Thomson Locations: Flushing Meadows , New York, United States, New York, Flushing Meadows, American, Sierra Leone, Washington, Toronto, Cincinnati, Los Angeles
Aska, a startup founded in 2018, is working to bring a flying car to market. Aska's flying car will at first be able to drive on local roads with slower speed limits. One startup wants to change that with an ambitious plan to land flying cars in customers' driveways by 2026. Flying cars, he said, will offer people the luxury of living farther from their offices in pricey cities — without needing to spend half their waking hours traveling. AdvertisementAdvertisementKaplinsky told me that hopping over traffic in a flying car isn't realistic — with our current understanding of physics, anyway.
Persons: I'm, Taylor Swift, Tim Levin, Guy Kaplinsky, Aska, it's, It's, Kaplinsky, who's Locations: California
Investors are awaiting Nvidia's second-quarter earnings report after the market close on Wednesday. Here's what Wall Street expects from Nvidia's upcoming earnings report. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. They've got so many customers," Tesla CEO Elon Musk said during Tesla's second-quarter earnings call in July. Here's what the Wall Street analysts are saying about Nvidia's upcoming earnings report.
Persons: They've, Elon Musk, Tesla's, BofA, Goldman Sachs Organizations: Service, Nvidia, Wall Street, Barclays, AMD, Bank of America, SOX Locations: Wall, Silicon, YahooFinance, Asia
I ignored my Dad's advice about saving money and investing until I saw him retire a decade before his peers. Then I watched my Dad retire at least a decade before many of his peers, and my entire perspective changed. My stepmom, on the other hand, never had plans to retire early until she started dating my Dad. Invest aggressively ... and diversifyLike most people, a 401(k) was central to my parents' retirement plan. Because they wanted to retire early, my parents had to have other investments they could rely on for retirement income.
Persons: Lizzie, stepmom, Dad, there's, they've, doesn't, Get, shouldn't, you've, you'll, Thomas, They've, I've Organizations: Service, Acura Integra —, Invest Locations: Wall, Silicon, South Africa, Germany, St, Caribbean, Europe, Panama
Ukrainian soldiers have speculated that Russian troops are fighting while high on amphetamines. Nazi troops were given methamphetamines during World War II to decrease fear and increase aggression. Germany even organized a rehab program for "overflown" pilots, or those who were addicted to the drug, Ohler said. The Russian military gave its soldiers vodka rations to get through World War II; France opted for red wine; and alcohol remained the "number one" drug for Germans during the war, Ohler said. "I would be surprised if drugs were not being used in the Ukrainian-Russian war," Ohler said.
Persons: playbook, Norman Ohler, Ohler, Pervitin, Otto Ranke, Ranke, Adolf Hitler, Hoffman, Organizations: Nazi, Service, Russian, Royal United Service, Reich, Institute for General, Defense, Ohler, France Locations: Wall, Silicon, Ukraine, Russian, Nazi Germany, Europe, Germany, Poland, West, France, Belgium, Holland, British, Soviet Union, German, Vietnam, Ukrainian
Opinion | Our Economy Thrives on Bad Feelings
  + stars: | 2023-08-18 | by ( Astra Taylor | ) www.nytimes.com   time to read: +3 min
A kind of existential insecurity is indelible to being human. But existential insecurity is not my focus here. I call this “manufactured insecurity.” Where existential insecurity is an inherent feature of our being — and something I believe we need to accept and learn from — manufactured insecurity facilitates exploitation and profit by waging a near constant assault on our self-esteem and well-being. Only by reckoning with how deep manufactured insecurity runs will it become possible to envision something different. Manufactured insecurity is far from inevitable, and yet it is intensifying.
Persons: , equanimity, can’t
The wildfires that destroyed Lahaina last week exacerbated a housing crisis in Hawaii. Many Native Hawaiians and locals can't buy a home in Maui, where the average cost is $1 million. A woman digs through rubble of a home destroyed by a wildfire in Lahaina, Hawaii. Rick Bowmer/Associated PressHiga rents a home with his family in Haiku on the North Shore of Maui that was spared from the wildfires. He also serves on a working group that the governor convened in July after declaring Hawaii's affordable-housing shortage an emergency .
Persons: Josh Green of, he'd, Green, Sterling Higa, Higa, Rick Bowmer Organizations: Service, Maui, Gov, Housing, Press Locations: Lahaina, Hawaii, Maui, Hawaiian, Josh Green of Hawaii, United States, Lahaina , Hawaii, Shore
Most famously, President Jimmy Carter brokered the Camp David accords in 1978 between Egyptian President Anwar al-Sadat and Israeli Prime Minister Menachem Begin. The first foreign leader to visit Camp David, then known as "Shangri-La," was British Prime Minister Winston Churchill who was there for World War Two talks with Roosevelt. Eisenhower, who named Camp David for his father and grandson, would grill steaks for family and friends. One time George W. Bush hosted Russian leader Vladimir Putin at Camp David and introduced Putin to his Scottish terrier, Barney. The seemingly mundane at Camp David can sometimes erupt into major headlines, like the time President George H.W.
Persons: Joe Biden, Vladimir Putin, Biden, David, Camp David, Japan's Fumio, Korea's Yoon Suk Yeol, Franklin Roosevelt, Jimmy Carter, Anwar al, Sadat, Menachem Begin, Winston Churchill, Roosevelt, Churchill, Nikita Krushchev, Dwight Eisenhower, Bill Clinton, Ehud Barak, Yasser Arafat, Arafat, Clinton, ” Clinton, , , Harry Truman, Ronald Reagan, Donald Trump, Eisenhower, George W, Bush, Carter, Putin, Barney, George H.W, Marlin, Marlin Fitzwater, Steve Holland, Heather Timmons, Grant McCool Organizations: U.S, ., ROK, Works Progress Administration, Israeli, British, Cuban Missile Crisis, White, Camp, Thomson Locations: Ukraine, Camp, Thurmont, WASHINGTON, Japan, South Korea, Maryland, U.S, Laurel Lodge, Aspen Lodge, Roosevelt . U.S, Catoctin, Soviet, Russian, Russia
We're buying 25 shares of Honeywell (HON), at roughly $188 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 505 shares of HON, increasing its weighting in the portfolio to 3.3% from 3.14%. Honeywell's largest segment aerospace had a strong quarter with organic sales up 16% year-over-year and margin expansion of 120 basis points. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim Cramer, Jim, Alwyn Scott Organizations: Honeywell, Cub, Caterpillar, Technologies, Solutions, JPMorgan, CAT, CNBC, Honeywell Aerospace Locations: Phoenix
Coinbase launches nonprofit crypto advocacy group
  + stars: | 2023-08-14 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
The Stand with Crypto Alliance is America’s first independent advocacy group for the crypto community, Coinbase says. Crypto regulation: Questions of who and howA central sticking point is the question of how crypto tokens should be regulated. The Securities and Exchange Commission, Wall Street’s top cop, contends that most crypto products are investment contracts and therefore fall under its jurisdiction — an argument the crypto industry is fighting. ‘Recess is over’The Stand With Crypto Alliance aims to mobilize “the full force of the decentralized crypto community to tell lawmakers: Recess is over,” Shirzad wrote in a blog post announcing the nonprofit. The Coinbase-backed nonprofit is an outgrowth of Crypto435, an earlier Coinbase campaign to try to organize the crypto community around legislative issues.
Persons: New York CNN —, Coinbase, Faryar, ” Crypto, , Sam Bankman, Fried, ” Shirzad, we’ve, Shirzad Organizations: New, New York CNN, Crypto, CNN Business, Securities, Exchange Commission, SEC, Ripple Labs, Financial Services Committee, Commodity Futures Trading Commission, Crypto Alliance Locations: New York
Ohls, the senior editor for rock & alternative at Spotify, is responsible for the curation of many of the music streamer's biggest playlists. "Our team is there to really bring a human touch to the music curation on the platform," she says. "We're there to connect audiences with artists, with music, in a way that really keeps emotion and connection feeling organic and real." When I see a good playlist, I can clearly understand that the curator behind it has a real understanding of the audience they're trying to reach with it. Envision where your playlist will be listened toIf understanding your audience is step one, step two is understanding the setting of your playlist.
Persons: Laura Ohls, Ohls Organizations: Spotify, CNBC
After about a year of hunting, she found a co-op apartment in Carroll Gardens that felt right: a third-floor one-bedroom of about 475 square feet, with windows that looked out through treetops. It was about half as large as the rental she was living in at the time, and the cramped bedroom was only eight feet wide, but she could envision ways to make the space work better. In the living room, the middle third of one wall was brick, while the rest was drywall. “I was pretty sure that brick would have extended along the entire party wall,” Ms. Kalita said. “I was able to pick up four inches of extra living space,” she said, noting that she added a simple, plaster-covered mantel as a focal point, although there’s no fireplace.
Persons: Morrie Breyer, Ms, Kalita Locations: Carroll Gardens, treetops
Katie Siegel is the author of newly published mystery novel, "Charlotte Illes Is Not a Detective." Siegel didn't originally envision the story as a novel, but as a video series for TikTok. An editor at Kensington Books saw her videos, and Siegel ended up with a six-figure book deal. Katie Siegel didn't get onto TikTok thinking she'd get a book deal. "When it came up on my feed, I thought, 'This would be such a great mystery series,'" Plackis said.
Persons: Katie Siegel, Charlotte Illes, Siegel, Katie Siegel didn't, she'd, TikTok, Shannon Plackis, Plackis, perusing, Vida Engstrand, Siegel's, BookTok, Barnes, Noble, Michelle Schusterman, that's, preneurs, I've, creatives Organizations: Kensington Books, The New York Times Locations: Kensington, The
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