BTS during an interview with host Jimmy Fallon on September 25, 2018.NBC | NBCUniversal | Getty ImagesSouth Korean pop stars are smashing records, performing at premier music festivals in the West and topping charts — but that stratospheric success is not mirrored in the stock performance of their management agencies.South Korea’s “Big Four” K-pop agencies are all publicly listed. Hybe Corporation is the largest and listed on the blue-chip Kospi, while SM Entertainment, JYP Entertainment and YG Entertainment are on the small-cap Kosdaq. So far this year, Hybe shares have plunged 29%, SM lost 36%, while YG plummeted 37%. The…
Author: usaeverydaylife
Timothy Armoo, co-founder and former CEO of Fanbytes.Tim Armoo.Timothy Armoo, a co-founder and former CEO of influencer marketing firm Fanbytes, is not what you might expect from a multi-millionaire.He doesn’t own any mansions — or property at all — saying he prefers to spend some of his money on eclectic investments, ranging from exotic fruit businesses in Africa to funding the sale of a lithium mine.Armoo made his money selling Fanbytes to digital marketing agency Brainlabs in May 2022 for an eight-figure sum (the exact amount has not been made public).But the young entrepreneur told CNBC Make It that he…
Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Michael M. Santiago | 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. Like what you see? You can subscribe here.What you need to know todayMixed jobs reportThe U.S. economy added 142,000 nonfarm jobs in August. That’s fewer than the 161,000 expected by Dow Jones, but better than July’s revised 89,000. Unemployment in August ticked down to…
Each Sunday, three of The Athletic’s NFL writers react to the biggest news, plays and performances from the day’s games.The first Sunday of the NFL season brought a dominant Dallas performance (led by the defense and a well-paid QB), one major upset, an awfully shaky day for the draft’s top pick, and some familiar results for the Giants (despite Brian Daboll calling the plays), Panthers (despite a new coach), and Falcons (despite a new quarterback and coach). Jerod Mayo gets his first win as @Patriots head coach 👏 pic.twitter.com/xXpEQ18ehQ — NFL (@NFL) September 8, 2024It’s only one game, but what…
China’s property market has still not found a bottom despite all the turmoil in the past year, according to Standard Chartered CEO Bill Winters.Speaking to CNBC’s JP Ong, Winters described the investing environment in China as “difficult,” explaining that consumer confidence and international investor confidence was relatively low.”We know that the underlying source of a lot of the confidence questions is the property market, and the property market has not yet completely bottomed out, so it’s been a slow grind down,” he added.Winters pointed out, “there are some signs from time to time that we’re seeing an increase in activity,…
The Bank of Japan is largely expected to hold interest rates steady at the end of its 2-day meeting ending June 14, 2024. Seen here, the Japanese flag flying high at the BOJ headquarters in Tokyo.Kazuhiro Nogi | Afp | Getty ImagesThe unwinding of the yen carry trade is expected to continue in September, presenting a risk of another large sell-off, according to Kathy Lien, managing director of forex strategy at BK Asset Management. Speaking to CNBC’s “Squawk Box Asia” on Monday, Lien predicted that downward trends in U.S. yields and the dollar would continue to drive the Japanese yen higher.”We…
Hours after police detained him outside the stadium for a traffic incident before his team’s season opener, Miami Dolphins wide receiver Tyreek Hill said he was still trying to process the situation.“Right now, I’m still trying to put it all together,” said Hill, after he played — and scored a touchdown — in Miami’s 20-17 win over the Jacksonville Jaguars. “I’m not going to give you my version. I still don’t know what happened. I want to use this platform to say, ‘What if I wasn’t Tyreek Hill?’ Like worst-case scenario. It’s crazy.”Hill was detained by police outside of Hard…
CNBC Official 2024 NFL Team ValuationsJoin us on Sept. 10 in Los Angeles for CNBC x Boardroom’s Game Plan. This high-powered event brings together industry leaders, visionaries and influencers, along with executives and investors to explore the dynamic intersection of business, sports, music and entertainment. For more information and to request an invitation, click here. Source link
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 4, 2024.Brendan Mcdermid | ReutersThis 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. Like what you see? You can subscribe here.What you need to know todayMixed jobs reportThe U.S. economy added 142,000 nonfarm jobs in August. That’s fewer than the 161,000 expected by Dow Jones, but better than July’s revised 86,000. Unemployment in August ticked down to 4.2% from 4.3%…
CHICAGO — Chicago Bears fans packed Soldier Field hoping to see something new. Something special. The start of a new era.Instead, they got a rerun. A throwback game. A good old-fashioned “Da Bears” slobberknocker. But at least a familiar ending was also a happy one.The Bears won their opener — 24-17 over the Tennessee Titans — behind a time-tested formula of defense, special teams and absolutely no offense.It wasn’t ideal, but for the first game of a new season … whatever works, right?GO DEEPERBears defense, special teams shine in comebackCaleb Williams’ much-anticipated NFL debut was a rocky one, though that’s…
