Bank of America says it’s time to skip the S&P 500 and opt for these stock sectors instead
Bank of America expects a solid 2025 for equities with a target for the S&P 500 at 6666 by year-end, a 10% gain from where it was Wednesday at 6049, bolstered by an EPS growth forecast of 13% next year. Still, it won’t be a year when investors should just buy the index. Instead, it’s…
Citadel founder Ken Griffin says it’s ‘preposterous’ for Elon Musk to shoulder the ‘entire burden’ of cutting the budget
Billionaire Citadel founder Ken Griffin was interviewed by Andrew Ross Sorkin at The New York Times DealBook Summit. Billionaire Citadel founder Ken Griffin wants to get America’s “fiscal house in order” but doesn’t believe Elon Musk can do it alone. Speaking at Wednesday’s DealBook conference in New York, Griffin said it’s unlikely that Musk, who…
Bill Gates’ top 5 books of the year include a Roger Federer biography and a book by the head of Microsoft AI
Bill Gates has released his annual list of his top book recommendations of the year. Bill Gates has released his yearly roster of book recommendations as 2024 comes to a close. The Microsoft cofounder published a list Tuesday of his favorite books of the year. “All four are, in one way or another, about making…
Sam Altman seems to be trying to make peace with Elon Musk
OpenAI CEO Sam Altman had some kind words for his OpenAI cofounder — and current legal opponent — Elon Musk. It seems like at least one-half of technology’s hottest feud is offering an olive branch. Sam Altman, the CEO and cofounder of OpenAI, had mostly positive words at Wednesday’s DealBook Summit for Elon Musk, his OpenAI…
Political turmoil is roiling global markets as investors head into 2025
The Ukraine war will turn three years old in 2025, with little hope for an immediate end to the fighting in sight. South Korea’s brief descent into martial law on Tuesday served as a wake-up call to investors that political uncertainty remains a never-ending risk for global markets. South Korean President Yoon Suk Yeol shocked…
Elon Musk lost his Tesla pay fight. Here’s what he can do next.
Elon Musk’s pay package was struck down for the second time on Monday. Elon Musk’s battle over his Tesla pay is entering a new phase. A Delaware judge ruled on Monday that Tesla’s shareholder vote wasn’t enough to pass Elon Musk’s $55 billion compensation package. Tesla called the decision “wrong” and said it would appeal.…
Fermented foods are great for gut health. A top scientist shares 3 tips for getting them into your diet.
Tim Spector eats at least three fermented foods a day, including kefir, kimchi, and his own homemade spread. You may have noticed a proliferation of kefir and kombucha in stores lately. Fermented foods are everywhere, but they can be a little intimidating to people who aren’t used to them. Tim Spector, a British epidemiologist and…
‘Today’ anchor Hoda Kotb says a former boss told her she might want to ‘get on the treadmill’
Hoda Kotb says she was body-shamed by her former boss. Hoda Kotb, 60, says she was body-shamed by her former boss. During Monday’s episode of “Today with Hoda and Jenna,” Kotb recalled how her former boss had made comments about her weight when she was younger. “I still remember I had just started working in…
How Gordon Ramsay stays fit at 58, from his diet to the 1 exercise he can’t live without
At age 58, Gordon Ramsay has built his career as a serious restaurateur — but his biggest long-term investment is banking hours in the gym to stay healthy for years to come. “Fitness is the foundation. Everything has to revolve around how I feel and how good it is to train,” Ramsay said in an…