CEO Jamie Wood, 43, started climbing the corporate ladder at a young age. Wood’s family’s in finance and she thought she’d follow suit. But after diving in, she burned out “really bad at the end of my 20s,” she told CNBC Make It at the Fast Company Innovation Festival in New York City last week.Burning out led to Wood’s fascination with how the brain operates. She founded Autonomic, a brain wellness platform that analyzes user behavior and helps build new habits geared toward lowering stress and improving energy, focus, mood and sleep.Wood calls the platform “a personal trainer for your…
Author: usaeverydaylife
Starting one’s own business has long been a part of the American tapestry of dreams. But more than ever, becoming an owner doesn’t involve managing a massive payroll or activity-filled warehouse. In fact, it doesn’t require anyone other than yourself.The nation’s 29.8 million solopreneurs — businesses with no paid employees — contribute $1.7 trillion to the U.S. economy, representing 6.8% of total economic activity, according to the most recently published U.S. Census Bureau data. California led the way with 3,502,950 solo businesses in 2022, but Florida was tops in per capita solo start-ups, with about 13.3 non-employer establishments per 100 people, according…
Alberto Musalem, President and CEO of the Federal Reserve Bank of St. Louis, speaks to the Economic Club of New York, in New York City, U.S., Feb. 20, 2025.Brendan McDermid | ReutersSt. Louis Federal Reserve President Alberto Musalem on Monday reiterated his support for last week’s interest rate cut, but said he is wary about going much further.Speaking less than a week after the Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, the central bank official advocated caution as he continues to worry about inflation.Musalem characterized the cut as “a precautionary move intended…
Tesla is primed for growth due to its lead in AI, despite a crop of “fast followers” eager to copy the EV makers’ designs in China, according to Piper Sandler. The investment firm, which has an overweight rating on shares, raised its price target to $500 from $400. That implies about 17% upside from Friday’s close. “Vertically integrated Chinese OEMs may be Tesla’s #1 competitive threat. But when it comes to ‘real world’ A.I., these companies look to Tesla for guidance – not the other way around,” analyst Alexander Potter said Sunday in a note to clients. That AI technology…
Here are the biggest calls on Wall Street on Monday: Evercore ISI reiterates Netflix as outperform Evercore ISI says the company is firing on all cylinders, reflected in U.S. and Mexico survey results showing “resilience on core satisfaction and global content leadership.” “We continue to see Netflix as the strongest financial and competitive franchise in streaming, with Live Events and Advertising revenue serving as long-term, material new growth vectors.” Wedbush reiterates Apple as outperform Wedbush raises its price target on Apple , citing strong iPhone 17 demand. “We are raising our price target to $310 from $270 based on the…
A Chinese student wearing a New York marathon t-shirt walks at Beijing Foreign Studies University in Beijing on May 29, 2025. Jade Gao | Afp | Getty ImagesAnger and confusion gripped Chinese professionals in the U.S. after White House leader Donald Trump slapped hefty fees on new work visas, deepening anxiety among those seeking to build careers stateside.Last Friday, the Trump administration said that it would ask companies to pay $100,000 for new H-1B visa applicants. A slew of tech firms and banks including Microsoft, JPMorgan and Amazon responded to the announcements by advising employees holding the H-1B visas to…
(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Dan Ives shares his bullish call on Apple; Plus Citi sees opportunities in a consumer data stocks analysts expect to benefit from rate cuts. ‘Worldwide Exchange’ pick: Equifax (EFX) Drew Pettit of Citi sees increased upside for credit bureau firm Equifax due to rate cuts that he thinks will improve demand and earnings. “Rates are actually a driver here,” said Pettit. “It’s bringing the macro into the fundamentals. When we look at our…
ASML will rise amid the ongoing artificial intelligence boom, with several tailwinds propelling the semiconductor equipment stock’s growth, according to Morgan Stanley. The investment firm upgraded ASML to overweight from equal weight. “We expect the earnings debate to shift from 2025-26 to 2026-27 forecasts, and we see several possible growth drivers for this timeframe,” analyst Lee Simpson said in a note. ASML YTD mountain ASML year to date Simpson pointed to the recent expansion of AI chip foundries as well as an increase in semiconductor chip manufacturing in China as potential growth drivers. Improving spending in memory chips over the second…
The Oracle headquarters in Austin, Texas, on April 24, 2024.Brandon Bell | Getty ImagesOracle is promoting its presidents of cloud infrastructure, Clay Magouyrk, and industries, Mike Sicilia, to co-CEOs, the company announced Monday.Safra Catz, the software giant’s current CEO, will serve as executive vice chair on the company board.Oracle has been one of the biggest benefactors of the artificial intelligence boom thanks to its cloud infrastructure business and its access to Nvidia’s graphics processing units, or GPUs, which are both needed to run large workloads. Oracle and other major cloud providers like Microsoft, Amazon and Google are in a fierce competition for customers.Shares of the company fell over 1% in premarket…
An oil tanker delivers at the oil terminal in the harbor on Oct. 10, 2016, in Kochi, India.Kaveh Kazemi | Getty Images News | Getty ImagesSaudi Arabia’s new mutual defense pact with Pakistan is unlikely to alter Riyadh’s energy relationship with key consumer India, a source told CNBC.Asked whether India would continue to buy Saudi barrels, a senior source familiar with the matter told CNBC, “Of course.”The source, who could only speak anonymously because of the sensitivity of the matter, added that Saudi Arabia is looking to shore up its security by broadening its alliances, but not at the expense…
