President Donald Trump said Saturday that he will hold a press availability at the White House next week to address violent crime in Washington, D.C., days after the White House announced it was increasing federal law enforcement across the city. "On Monday a Press Conference will be held at the White House which will, essentially, stop violent crime in Washington, D.C," he wrote on social media. Trump, who has frequently criticized the Democratic-led city, claimed that D.C. will "soon be one of the safest cities," even as data shows that violent crime in the nation's capital has been decreasing.
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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To be considered wealthy in the U.S., Americans say you need a net worth of $2.3 million in 2025 — but that number can be even higher depending on where you live. It's down from $2.5 million last year, according to Charles Schwab's latest Modern Wealth Survey, which polled 2,000 adults nationwide between April 24 and May 23. While the wealth benchmark has decreased, nearly two-thirds of respondents say it feels harder to reach. Inflation, high interest rates and broader economic uncertainty were the most commonly cited reasons.
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Plenty of kids would rather sit in front of their phone screen than play a sport, pick up an instrument or read a book. They might be modeling that behavior from their parents, bestselling author and podcast host Mel Robbins said during a panel discussion hosted by Verizon on Wednesday. She spoke from personal experience, she added: Robbins would lose herself in her iPhone for extended periods of time, and then look up to see her kids buried in their own devices. "I used to be the kind of person who always had [my phone] in my hand," said Robbins, 58. "I felt like I just completely lost control of the situation."
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Restaurant chains are joining in on the protein frenzy, hoping to encourage diners to pay more for extra macronutrients during a time when many consumers aren't spending as much. From "gym bros" to users of GLP-1 drugs like Ozempic, many Americans are trying to add more protein to their diets, with the goal of building or maintaining their muscle mass and feeling more satiated after meals. Moreover, diet trends that don't emphasize protein intake, such as the ketogenic diet, have fallen out of favor. "A lot of younger consumers are more proactive about their health habits, so they're looking for ways to support health now but also to support their health in the future," said Julia Mills, a food and drink analyst for market research firm Mintel. "Generation Alpha, Gen Z, millennials — these consumers are very active on social media, so they're constantly being fed this message that you need more protein, and protein helps you gain muscle and makes you stronger."
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The Dayton Mall has been a shopping staple for residents of Dayton, Ohio, since it opened in 1970. The once-prospering mall, like many, has faced hard times with increased vacancies, exacerbated by the closing of two anchors, Sears and Bon Ton, in 2018. As a result, the mall was put into receivership, where it remains. But the 162,000-square-foot former Sears space was sold to a local church, Crossroads, which has transformed 90,000 square feet of the former store into a house of worship and community hub with a traditional indoor entrance to the rest of the mall. "Nothing says dying mall like having a church move in," said Rebecca Maguire, marketing manager of the Dayton Mall. "But Crossroads has a huge following, and they are so community driven that I think any mall in the world would be lucky to have a partner like that."
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I didn't think much of my daily cell phone use during a vacation to Paris in May. But by the end of the five-day trip, I'd amassed almost $50 in extra charges — for fairly routine tasks like checking restaurant hours and menus, or researching neighborhood attractions after long, meandering walks. While not a bank-breaking sum of money, it was high enough to frustrate this personal finance reporter and make me rethink phone use (and the value of better pre-planning) for my next excursion.
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"Treatonomics" — a consumer trend that covers spending on 'everyday luxuries' to larger, life-affirming experiences — is booming as people look for a mood boost in ongoing unsettling economic times. Spending on small-item 'pick-me-ups' is a well-established recession-resistant trend, with consumers often turning to purchases of modest personal items such as make-up, perfume and candles — or even collectible rubber ducks or Labubu dolls — for a morale boost when times are hard or uncertain. It's no wonder then, that the consumer trend has long been seen as a bellwether for how consumers feel about the wider economic backdrop, which is currently typified by inflationary pressures, persistently high interest rates and concerns over growth and jobs.
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Lucy Rout is not your typical entrepreneur. The 30-year-old Londoner — known for going viral for skiing off an icy slope in a bikini and for consulting her Instagram followers on whether she should fly 10,000 miles for a fourth date with a man — has used her eclectic experiences to develop a new dating model that's all about making meaningful connections. Rout told CNBC her confidence had never been lower when using traditional dating apps.
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An unhappy gut can significantly impact both your mental and emotional health, experts say, affecting your mood and overall well-being. When your gut is in poor health, you may experience bloating, gas, constipation, abdominal discomfort, mood swings and even acne. On a recent episode of the 10% Happier podcast, host Dan Harris discussed the connection between gut health and mental health with gastroenterologist and author Dr. Robynne Chutkan.