A group led by private equity executive Bill Chisholm is buying the NBA’s Boston Celtics at a valuation of $6.1 billion, the team’s ownership announced Thursday. CNBC's Michael Ozanian has the details: cnb.cx/4hyaa5W
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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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Ohio native Lauren Scott, 29, had lived in Los Angeles for 10 years working as a freelancer in the film industry, when she decided she was ready to buy a house. At the time, Scott lived in a studio apartment and paid $1,175 in rent. Scott started her search in 2019 and wanted to stay under $400,000. But then the covid-19 pandemic hit in early 2020, and she found herself outbid every time she put in an offer on homes in the city. "I didn't think I was ever going to be able to buy in California, much less Los Angeles, which is somewhere I've kind of called home for such a long time and that really sucked," Scott tells CNBC Make It.
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Vitamins and supplements like zinc and cod liver oil are often touted for their ability to boost your immune system, but Jeffrey Bland, the "father of functional medicine," says that's not actually possible. "I've heard, 'I can boost my immune system if I take a lot of vitamins.' It could be vitamin D, vitamin A [or] zinc," Bland says. "[But] those nutrients don't boost the immune system. Those nutrients may fill the gaps in a person who needs them to meet their daily requirements for proper immune function, but you're not going to boost the immune system like you do with a vaccination." Getting vaccinated causes a physiological effect that boosts the function of the immune system. Supplementing with nutrients doesn't have the same effect, he says.
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Stocks are wobbling. Inflation is expected to tick higher again, if maybe only in the short-term, if President Trump follows through on expansive tariffs threats against trading partners around the world. The messaging from Trump and his top economic advisors is that he plans to do just that on April 2, and any short-term market correction or economic "detox" is a price worth paying to reset the U.S. economy. Trump has renewed his pressure on the Federal Reserve to cut interest rates to help ease the pain of tariffs as more Americans become worried again about their financial situation. There's at least one more way for the administration to placate the public. As Elon Musk's so-called Department of Government Efficiency (DOGE) continues its effort to gut the government, the idea has been floated that savings could end up in checks mailed to taxpayers. That idea has come and gone in the headlines, but it is one that Trump has expressed support for in the recent past. "I love it.
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Maddy Brannon never set out to become the queen of Washington, D.C.-area estate sales. In 2020, the stand-up comedian and her husband had just bought a new home that was feeling conspicuously empty. "I was looking at other people's Instagrams and being like, 'How can they afford furniture?' We were just trying to buy stuff," Brannon, 33, tells CNBC Make It. "And I came across a video about an estate sale, and then I was immediately obsessed."
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There's no single path rich people follow to obtain their wealth. Some are born with generational wealth that gives them a head start, while others work their way up through grit, determination and well-timed career decisions. Luck may also be a factor. But there are a few common habits among wealthy people, self-made millionaire, author and TV host Ramit Sethi wrote in a recent newsletter.
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Business: Caesars Entertainment is a diversified gaming and hospitality company which operates through several segments: Las Vegas, Regional, Caesars Digital, and Managed and Branded, in addition to Corporate and Other. Its Las Vegas Segment properties include The Cromwell, Flamingo Las Vegas and The LINQ Hotel & Casino. Its Regional properties include Circus Circus Reno, Grand Victoria Casino and Horseshoe Baltimore. Its Managed and Branded properties include Harrah's Ak-Chin, Harrah's Cherokee, and Harrah's Cherokee Valley River. Its resorts operate primarily under the Caesars, Harrah's, Horseshoe and Eldorado brand names. It offers diversified gaming, entertainment and hospitality amenities, destinations, and a full suite of mobile and online gaming and sports betting experiences. Stock Market Value: $5.8B ($27.36 per share)
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Being indecisive is one of the most frustrating, unproductive behaviors you can engage in. It breeds doubt, uncertainty, and even resentment from people counting on you to make a call so they can move forward. When you let multiple options linger, it can sap everyone's energy and make them question your ability to get things done. I've studied mental strength for decades and, as I lay out in my book, "The Mentally Strong Leader," decision-making is an essential component, along with fortitude, confidence, boldness, and more.