Vice President JD Vance said Elon Musk was making a “huge mistake” going after President Donald Trump in a storm of bitter and inflammatory social media posts after a falling out between the two men.But the vice president, in an interview released Friday after the very public blow up between the world’s richest man and arguably the world’s most powerful, also tried to downplay Musk’s blistering attacks as an “emotional guy” who got frustrated.”I hope that eventually Elon comes back into the fold. Maybe that’s not possible now because he’s gone so nuclear,” Vance said.Vance’s comments come as other Republicans…
Author: usaeverydaylife
Amazon CEO Andy Jassy has spent the past 28 years helping turn the e-commerce giant into one of the biggest companies on earth.But the 57-year-old executive didn’t start his career with aspirations of being a high-powered CEO. In a May 15 podcast appearance on “How Leaders Lead with David Novak,” Jassy said he too often sees young people who think they should be entering the professional world knowing what they want to do with the rest of their lives.”I have a 21-year-old son and a 24-year-old daughter, and one of the things I see with them and their peers is…
Bloomberg | Bloomberg | Getty ImagesAirplane tickets are getting cheaper, but it’s getting more expensive to bring your family to an airport lounge.Capital One is the latest company to limit access to booming airport lounges to combat overcrowding.Starting Feb. 1, Venture X and Venture X Business cardholders will no longer be able to automatically take a guest into lounges or bring authorized second card users.They will instead have to pay $125 annually for each additional cardholder to keep their lounge access, $45 per adult guest per visit and $25 per guest 17 or younger. The $125 fee also includes second…
I’ve always been fascinated by families whose children seem to be on some kind of unusual streak, reaching the top of their career ladders, or, even more interesting to me, blazing trails or following their passions with spectacular results.What did their parents do differently to empower them? What do researchers really know about what’s effective in giving kids the support they need to succeed? Given that siblings are often so different, what seemed to be helpful across the board?For my book, “The Family Dynamic: A Journey Into the Mysteries of Sibling Success,” I interviewed dozens of parents of high-achieving children…
Bank of America thinks there’s a slate of stocks worth snapping up and still have room to run. The firm said buy-rated companies like Nvidia have plenty of upside heading into summer. Other names include Philip Morris, Boot Barn, Amazon and Netflix . Netflix The streaming giant is firing on all cylinders and well positioned for growth, according to the firm. Analyst Jessica Reif Ehrlich recently raised her price target on the stock to $1,490 per share from $1,175, reflecting on her bullish thesis. “Year-to-date, Netflix has been a top performer in our coverage driven by: sustained earnings momentum, positive…
GE Aerospace and Howmet Aerospace are vulnerable to pullbacks after entering deep overbought territory this week. Each stock climbed more than 3% this week, outperforming the S & P 500 ‘s 1.5% gain in the same period. The stocks have come so far so fast that now GE Aerospace and Howmet have the two highest 14-day relative strength index, or RSI, readings in the S & P 500. CNBC Pro used its stock screener tool available for subscribers to find the most oversold stocks as measured by the 14-day RSI. Stocks that have a 14-day RSI above 70 are viewed…
A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, January 30, 2020.Steve Marcus | ReutersThe rare-earth miner MP Materials will enjoy growing strategic value to the U.S., as geopolitical tensions with China make the supply of critical minerals more uncertain, according to Morgan Stanley.The investment bank upgraded MP Materials to the equivalent of a buy rating with a stock price target of $34 per share, implying 32% upside from Friday’s close.MP Materials owns the only operating rare earth mine in the U.S. at Mountain Pass, California. China dominates the…
The Taihuttus on a ski trip to Sierra Nevada in southern Spain. They sold everything they owned in 2017 to bet on bitcoin — and now travel full-time as a family of five.Didi TaihuttuA wave of high-profile kidnappings targeting cryptocurrency executives has rattled the industry — and prompted a quiet security revolution among some of its most visible evangelists.Didi Taihuttu, patriarch of the so-called “Bitcoin Family,” said he overhauled the family’s entire security setup after a string of threats.The Taihuttus — who sold everything they owned in 2017, from their house to their shoes, to go all-in on bitcoin when…
Xavier Lorenzo | Moment | Getty ImagesGen Z seems to have a case of economic malaise.Nearly half (49%) of its adult members — the oldest of whom are in their late 20s — say planning for the future feels “pointless,” according to a recent Credit Karma poll.A freewheeling attitude toward summer spending has taken root among young adults who feel financial “despair” and “hopelessness,” said Courtney Alev, a consumer financial advocate at Credit Karma.They think, “What’s the point when it comes to saving for the future?” Alev said.That “YOLO mindset” among Generation Z — the cohort born from roughly 1997…
Markets applauded the upside surprise Friday from the May jobs count, but traders will want to keep their eyes and ears open in coming months for significant signs of weakness that also appeared in the report. From a headline view, the 139,000 gain in nonfarm payrolls provided a nice bit of relief for a market on edge over the direction of the economy and the impact that President Donald Trump’s tariffs might bring. However, several factors in the report bear watching, if not as a signal of impending doom than at least yellow flags that the labor market is a…
