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☆ How to invest for the next decade with New York Life's Lauren Goodwin from Future Proof 2024
▼ + stars: | 2024-09-17 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Longer-term investors should ignore the daily racket surrounding interest rates and focus on generating income over the next 10 years, according to New York Life economist and chief market strategist Lauren Goodwin. Where to invest: Bonds and AI The strategist posits that over the next decade, interest rates are likely to remain elevated as neither party takes on deficit spending. "So depending on the investor, what they're looking for, there is a way to balance this medium term potential for interest rate risk while still locking in higher rates." Goodwin also sees investing around AI as a smart strategy long term, with large investments in the area continuing. "But because we see not only the government and companies, but also the consumer use case for AI, we expect that investment to continue.

Persons: Lauren Goodwin, Goodwin, Dominic Chu, that's Organizations: York, CNBC Pro Locations: Huntington Beach , California

☆ The Fed's biggest interest rate call in years happens Wednesday. Here's what to expect
▼ + stars: | 2024-09-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +7 min

The meeting wraps up Wednesday afternoon, with the release of the Fed's rate decision coming at 2 p.m. "I hope they cut 50 basis points, but I suspect they'll cut 25. Here's a breakdown of what's on tap:The rate waitThe FOMC has been holding its benchmark fed funds rate in a range between 5.25%-5.5% since it last hiked in July 2023. The 'dot plot'Perhaps just as important as the rate cut will be the signals meeting participants send about where they expect rates to go from here. In June, FOMC members penciled in just one rate cut through the end of the year.

Persons: Jerome Powell, William McChesney Martin Jr, Andrew Harnik, they'll, Mark Zandi, that's, Tom Simons, Zandi, Robert Kaplan, There'll, Seema Shah, FOMC, Moody's, Goldman Sachs, Powell presser, Goldman, Simons Organizations: Federal Reserve, Committee, Moody's, Wall, Jefferies, Dallas Fed, CNBC, Asset Management Locations: Washington , DC

☆ Harris pledges to 'earn the vote' of Black men, as Trump makes gains
▼ + stars: | 2024-09-17 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Vice President Kamala Harris on Tuesday laid out how her economic proposals could specifically help young Black men, a key Democratic voting bloc that polls show Republican former President Donald Trump gaining ground with in this election cycle. "I think it's very important to not operate from the assumption that Black men are in anybody's pocket," Harris said in a sit-down interview with a panel from the National Association of Black Journalists. A new poll by the civil rights group NAACP released Friday found that more than a quarter of Black men under 50 years old support Trump over Harris. At NABJ, she described embarking on an "economic opportunity tour focused on Black men" earlier this year, before she was a candidate for president. Proposals like these could help Harris address two distinct vulnerabilities for the Democratic party in this election cycle: public perceptions of the economy, and young Black men who lean toward voting for Trump.

Persons: Kamala Harris, Donald Trump, Harris, they've, — Organizations: Democratic, U.S, National Association of Black Journalists, Republican, NAACP, Trump Locations: Philadelphia , Pennsylvania, U.S, NABJ, Black

☆ 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

☆ 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

☆ Cramer's Lightning Round: 'Buy more' Pfizer
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Pfizer's year-to-date stock performance. Stock Chart Icon Stock chart icon First Solar's year-to-date stock performance. Stock Chart Icon Stock chart icon Equity Residential's year-to-date stock performance. Stock Chart Icon Stock chart icon Moderna's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance.

Persons: Powell Organizations: Pfizer, Equity, Powell Industries

☆ 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

☆ 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

The median house price in the U.S. is now 5.8 times more than the median annual income of $80,000. That was, after all, the median price for a house in the area at the time. Jonathan OchartThe median price of a home in Los Angeles county is just under $960,000, according to Zillow listings data. It's just not a level playing field," says Ochart about the income now needed to afford a home. In Grand Rapids, median home prices were on the rise before the pandemic and then soared 54% from 2020 to $285,000 in June 2024, according to Zillow sales data.

Persons: Kelcie Lesko, Tim Khalil, Lesko, Khalil, they'll, Gen Xers, What's, — there's, they're, Daryl Fairweather, Kelly Diehr, homebuyers, you'd, Diehr, Jonathan Ochart, Ochart, It's, Timothy Ham, Timothy Ham couldn't, Ham, you've, That's, boomer, it's, Lawrence Yun, Millennials, Ramit Sethi, Rich, Brad Klontz, homebuying Organizations: CNBC, Homes, LA, National Association of Realtors, NAR Locations: New Jersey, Monmouth County, North Brunswick, Lesko, homeownership, U.S, Denver, Brazil, Los Angeles and New York, San Antonio, Los Angeles, Antonio, Texas, LA, Boise , Idaho, Tacoma , Washington, Grand Rapids , Michigan, Grand Rapids, Kalamazoo

If you haven't picked up a subscription yet, you're in luck since you can get 50% off Paramount+ annual plans for a limited time only. Below, we've outlined the exact savings and highlighted what you'll get with each available Paramount+ plan. The Paramount+ Essential plan typically costs $8 a month, and the Paramount+ with Showtime tier usually costs $13 a month. This is the only place in the US where you'll be able to find total Champions League coverage. If you fancy some international soccer options, many of which are free, check out our extensive guide on how to watch Champions League live streams.

Persons: we've, you've, you'll Organizations: Business, Champions League, NFL, CBS, Paramount, Blue, Champions League soccer, Showtime, Paramount Pictures, UEFA Champions League, League

☆ Siemens USA CEO explains how digital twins work to optimize manufacturing
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In a Tuesday interview with CNBC's Jim Cramer, Siemens USA CEO Barbara Humpton detailed how her company's digital twin program lets builders test models virtually before starting production. Based in Germany, Siemens develops hardware and software for several industries like electrical infrastructure and transportation, as well as digital twin technology for manufacturing facilities. Humpton said digital twins produce a "digital representation of any physical object" and incorporate the laws of physics. Humpton highlighted the company's "smart infrastructure" initiative, which she said is Siemens USA's largest and fastest-growing business. Smart infrastructure technology enables widespread electrification and data center creation, she said.

Persons: CNBC's Jim Cramer, Barbara Humpton, Humpton Organizations: Siemens USA, Siemens, NASA, Las Vegas Locations: Germany, Mars, U.S, New York, Los Angeles, North America, United States

☆ A 27-year-old who runs a 7-figure sneaker business made a costly mistake with fake Yeezys. It taught her an invaluable lesson about reselling.
▼ + stars: | 2024-09-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +3 min

Before Val Zapata built a seven-figure reselling business, she almost lost it all. "I got caught early in the game with like 50 pairs of fake Yeezys that I had to swallow," the 27-year-old entrepreneur told Business Insider. For the rest of the pairs, "I'm like, 'I don't want to run them all. About four weeks after the sale, the buyer attends Sneaker Con and learns that the slides are, in fact, not authentic. The $2,500 lesson reinforced the importance of trusting but verifying, especially if you're buying from a seller you've never worked with.

Persons: Val Zapata, Zapata, Sneaker Con, I'm Organizations: Service, Business, Sneaker Locations: Colombia

☆ Inside the fateful 12 hours of an apparent assassination attempt outside the Trump International Golf Club
▼ + stars: | 2024-09-17 | by ( Jeremy Herb | ) edition.cnn.com time to read: +8 min

Trump was whisked away to safety, unharmed, while the gunman, who officials believe remained near the tree-line perimeter of the golf course for 12 hours, fled the scene by car. Phone records from T-Mobile that indicated Routh’s phone was “in the vicinity of the golf course” for roughly 12 hours before he was first spotted by US Secret Service, according to charging documents. It’s still not clear why Routh went to the golf course that day. But Secret Service knew immediately it was bullets, and they grabbed me, and I think probably the other one, Steve is one of the people. One patrol deputy saw the suspect vehicle at about mile marker 110 and alerted others, following it but not trying to immediately stop the vehicle, Snyder said.

Persons: Donald Trump, Trump, –, Ryan Wesley Routh, Jeffrey Veltri, Routh, It’s, Ronald Rowe, teed, Steve Witkoff, – Trump, Sean Hannity, CNN Trump, ” Trump, Hannity, ” Rowe, Ric Bradshaw, Rowe, Steve, ”, “, let’s, ‘, Veltri, Martin County Sheriff William Snyder, Snyder, ” Snyder, ” Routh, CNN’s Erin Burnett, CNN’s Kristen Holmes, Evan Perez, Holmes Lybrand, Michael Williams, Devan Cole, Eric Levinson, Andy Rose Organizations: CNN, Trump International Golf Club, Trump, Service, US Secret, FBI Miami Field Office, Secret, ” Authorities, West Palm Beach, Fox News, Secret Service, Nissan, Sheriff’s, Martin County Sheriff, Ford, Palm, FBI Locations: West Palm Beach , Florida, “, West Palm, Mar, Beach, ’, Martin County, Martin, Palm Beach

☆ 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

☆ Economic worries boost Trump’s Hispanic support in battleground Nevada
▼ + stars: | 2024-09-17 | by ( John King | ) edition.cnn.com time to read: +10 min

Which is not true.”Las Vegas-based real estate agent Zoila Sanchez photographed outside of her home in Henderson, Nevada. Sanchez is confident, insisting the energy she sees for Harris outweighs the increased Trump talk among fellow Hispanics. “I feel the Democrats take the Hispanic vote for granted here in Vegas or in Nevada,” Cerros said. “She came up with immigrant parents, which to me, it’s amazing for someone like that to come up and be able to be president,” Munoz said. Nevada also elected a Republican governor in 2022, and Munoz believes that makes it more hospitable climate for Trump this year.

Persons: Zoila Sanchez, ” Sanchez, Kamala Harris, “, ”, Donald Trump, “ I’ve, Jacqueline Kalil, CNN Trump, Sanchez, …, Joe Biden, Harris, Rogelio Regalado, Rafael Cerros Jr, Cerros, ” Cerros, CNN “, ’, Regalado, ” Regalado, “ It’s, Hajji, ” Hajji, Henderson, Zena Hajji, who’s, Biden, haven’t, Antonio Munoz, Penny, Trump, Munoz, ” Munoz, ” Antonio Munoz, ” Harris Organizations: Nevada CNN, Las, Reagan Republican, CNN, Trump, ”, Taco Bar, Biden, Republican Locations: Henderson, Nevada, Las Vegas, Henderson , Nevada, –, Spanish, Vegas, Israel, El Mercado, America

☆ How to shop for a mattress online, according to experts
▼ + stars: | 2024-09-16 | by ( Bethany Heitman | Bethany Heitman Is A Contributing Editor At Nbc Select. | ) www.nbcnews.com time to read: +9 min

However, according to experts we spoke with, buying a mattress online can be an incredibly successful endeavor because there are so many online, direct-to-consumer options that aren’t available in stores. | Tips for shopping for a mattress online | Where to shop for a mattress online | Why trust NBC Select? How to shop for a mattress onlineIf you want to shop for a mattress online, it’s helpful to arm yourself with some tools and tactics to make sure you make the best purchase possible. Where to shop for a mattress onlineWant to shop for a mattress online but don’t know where to start? For this story, she interviewed experts on how to shop for a mattress online.

Persons: ”, Jeff Kahn, there’s, Kahn, You’ll, Ben Trapskin, Yawnder, “, it’s, Foster, Casper, Bethany Heitman, TikTok Organizations: NBC, Amazon, Sealy, Walmart, Mattress Firm, Stearns, Facebook, Twitter Locations: Casper, Tempur

☆ FBI investigates suspect in apparent Trump assassination attempt and historic Emmy night for 'Shōgun': Morning Rundown
▼ + stars: | 2024-09-16 | by ( Elizabeth Both | Elizabeth Both Is An Associate Platforms Editor For Nbc News | Based In New York. | ) www.nbcnews.com time to read: +9 min

The FBI investigates the attempted assassination of Donald Trump at his Florida golf club. The speaker’s initial strategy had called for a six-month continuing resolution tied to the SAVE Act, legislation backed by Donald Trump requiring proof of citizenship to vote. It won for best drama series, Hiroyuki Sanada won for best actor in a drama, and Anna Sawai took best actress. Richard Gadd won for best actor in a limited or anthology series or movie, and Jessica Gunning won best supporting actress in a limited or anthology series or movie. “We feel violated.”— Julie Shapiro, managing editor, enterprisePolitics in BriefSpringfield visit: Former President Donald Trump plans to visit Springfield, Ohio, the site of his baseless claims about Haitian immigrants, a source familiar with the planning said.

Persons: Donald Trump, Trump, Eric Thayer, Donald Trump’s, Ryan Wesley Routh, Steven Cheung, Kamala Harris, Mike Johnson, “, ”, Tierney, Johnson, Christopher Polk, “ Shōgun, Hiroyuki Sanada, Anna Sawai, “ Shōgun ”, Jeremy Allen White, Liza Colón, Zayas, Ebon Moss, Bachrach, Christopher Storer, Richard Gadd, Jessica Gunning, NFL Kevin Sabitus, Greg Rosenstein, Vic, Mel l, lea, stu Organizations: FBI, House Republicans, Bloomberg, Getty, Service, NBC News, Secret Service, Trump, Mar, GOP, Getty Images House Republicans, SAVE, Variety, Creative Arts, NFL, AFC, NBC, Uni Locations: Florida, Pennsylvania, West Palm Beach , Florida, Japan, Fra, abo

☆ CNBC Daily Open: The real question isn’t the Fed’s first cut, but where it goes after
▼ + stars: | 2024-09-16 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +4 min

CNBC's Sarah Min breaks down how a rate cut could affect the S&P 500 . Welcome to U.S. rate cut week! Furthermore, jumbo hikes of 75 basis points were enacted between June 2022 to November 2022. But given that the rate cut has been so clearly telegraphed by the Fed, it's hard to imagine it not happening. This cut might not be big in terms of basis points, but it will be big in what it signals to markets.

Persons: It's, Sarah Min, Donald Trump, Rafael Barros, Cat Stevens, Aditya Bhave, CNBC's Pia Singh, Hakyung Kim, Brian Evans Organizations: Eccles Federal Reserve, CNBC, U.S . Federal Reserve, China's National Bureau, Statistics, Republican, Federal Bureau of Investigation, Secret Service, U.S, Federal, Fed, Bank of America U.S Locations: Washington , DC, Florida, U.S

☆ Digitally native Gen Zers aren't immune to romance scams
▼ + stars: | 2024-09-16 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

Read previewGen Zers may think they are digitally savvy and immune to online scams, but that very thought may leave them vulnerable to being lured into nefarious schemes. AdvertisementScams are always evolving, and the tricks Gen Zers believe they are wise to may be replaced by increasingly technologically advanced schemes they don't see coming. AdvertisementPeople are still processing the years lost to the pandemic, particularly Gen Zers, whose brains were still developing, Neo added. "This can make us more impulsive, less thoughtful of our choices, and can be a risk factor for romance scams," Neo said. Gen Zers understand what it's like to struggle, with many facing economic instability and having difficulty with bills, rent, and finding jobs.

Persons: —, Zers, Bryn Thompson, Gen Xers, Lauren Hendry Parsons, Hendry Parsons, Kevin Lee, Gen Z, Lee, scammers, It's, it's, zoomers, They're, Gen Organizations: Service, Business, National Cybersecurity Alliance Locations: Canada

☆ What to know about the available Covid-19, flu and RSV vaccines
▼ + stars: | 2024-09-16 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +8 min

But the Covid-19 vaccines provided 54% protection against symptomatic infection last season, CDC data shows, despite new variants that cropped up. The updated Covid-19 vaccines are available now, but ideal timing for getting the shot may differ based on individual circumstances. Unlike the flu and Covid-19 vaccines, the RSV vaccine is one-time dose. The CDC says it’s also acceptable to get Covid-19, flu and RSV shots at one time, for those who are eligible. Covid-19, flu and RSV vaccines are widely available at pharmacies across the US.

Persons: CNN —, There’s, Mandy Cohen, ”, ” Dr, Sandra Fryhofer, Fryhofer, Katelyn Jetelina, it’s, Dr, Sanjay Gupta Organizations: CNN, US Centers for Disease Control, CDC, Moderna, Pfizer, American Medical, —, CNN Health Locations: United States

☆ Taylor Swift endorsed Kamala Harris for president. Donald Trump can't shake it off.
▼ + stars: | 2024-09-16 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Read previewDonald Trump doesn't like Taylor Swift. "I HATE TAYLOR SWIFT!" Donald Trump said he "hates" Taylor Swift on Truth Social on Sunday. "I signed and was responsible for the Music Modernization Act for Taylor Swift and all other Musical Artists. Related storiesIn August, Trump shared AI-generated images to Truth Social that showed Swift and her fans supporting his campaign.

Persons: —, Donald Trump doesn't, Taylor Swift, didn't, Swift, TAYLOR SWIFT, Kamala Harris, Harris, Donald Trump, Trump, Taylor, she'll, he's, Joe Biden, Joe Biden didn't, Crooked Joe Biden, Biden, Melanie Zanona, Mark Burnett, Gareth Cattermole Organizations: Service, Business, Fox & Friends, CNN, Variety, Fox Business, MTV, Trump

☆ Amazon tells employees to return to office five days a week
▼ + stars: | 2024-09-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday. The decision marks a significant shift from Amazon's earlier return-to-work stance, which required corporate workers to be in the office at least three days a week. Amazon's headcount totaled 1.53 million employees in the second quarter, representing growth of just 5% from a year earlier. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.

Persons: Andy Jassy, they've, Jassy, didn't, Amazon's headcount, it's, we're, I've, we've, It's, Andy Organizations: Amazon, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe

☆ The strike could cost Boeing more than $1 billion. But that could be the least of its problems
▼ + stars: | 2024-09-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

How long the strike lasts will determine how serious the problems are for Boeing. Boeing has a long way back to profitability, no matter how long the strike lasts. So as bad as the strike might be for Boeing, it has plenty of other problems to deal with. So even with financial problems that might kill another company, Boeing isn’t going anywhere. The strike could last a whileNegotiations between Boeing, the union and federal mediators are expected to resume early this week.

Persons: Brian West, Boeing’s, Fitch, Moody’s, Poor’s, Richard Aboulafia, ” Aboulafia, ” Jim Bloomer, Max, “, you’ve, ” Organizations: New, New York CNN, Boeing, Federal Aviation Administration, Airbus, CNN Locations: New York, Washington, Renton , Washington

☆ Inside Amazon's new AI sales machine: More pressure, more pay, more speed
▼ + stars: | 2024-09-16 | by ( Eugene Kim | ) www.businessinsider.com time to read: +11 min

AdvertisementThese AWS staffers were asked to find at least one sales opportunity each month for Q, Amazon's AI assistant, and Bedrock, the company's AI platform. AdvertisementMany AWS sales teams have new performance targets tied to AI products. AdvertisementHitting these goals is important for Amazon employees because that can result in higher performance ratings, a key factor in getting a raise or promotion. The "Find One, Launch One, Ramp One" initiative includes AWS sales architects. More pressure but also more rewardsAmazon is also doling out bonuses and other forms of potentially higher pay for AI sales success.

Persons: —, Matt Garman, salespeople, AWS's, Garman, Microsoft Satya Nadella, Justin Sullivan, Q, hasn't Organizations: Service, North, Business, AWS, Messaging, Amazon, Microsoft, Google, BI, there's, Amazon Connect Locations: North America

☆ India can achieve sustainable growth of up to 8% in the coming years, central bank chief says
▼ + stars: | 2024-09-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Punit Paranjpe | Afp | Getty ImagesIndia can achieve sustainable economic growth of up to 8% over the medium term, according to the country's central bank governor. The figures have ratcheted up pressure on the central bank to launch its own rate-cutting cycle sooner rather than later. Shaktikanta Das, governor of the Reserve Bank of India (RBI), speaks during the Global Fintech Fest 2024 in Mumbai, India, on August 28, 2024. Nurphoto | Nurphoto | Getty ImagesIt comes as major central banks have started to ease monetary policy in recent months, including the European Central Bank, the Bank of England and the Swiss National Bank. Women (silhouetted) walk past Reserve Bank of India (RBI) logo displayed at Global Fintech Fest exhibition in Mumbai.

Persons: Punit Paranjpe, CNBC's Tanvir Gill, Shaktikanta Das, Das, Goldman Sachs Organizations: Afp, Getty, Reserve Bank of India, International Monetary Fund, Nurphoto, European Central Bank, Bank of England, Swiss National Bank, The U.S . Federal Reserve, ECB, Bank of India, Global Locations: Mumbai, India, Japan, Germany, U.S, China

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