Jackie Kennedy walks down the steps from her new home in Georgetown.
Bettmann/Getty Images
Jacqueline Kennedy Onassis lived all over, from New York apartments to East Coast mansions.
She said her family's "happiest years" were those spent with President John F. Kennedy in the White House.
Here are all of the impressive places she lived in and owned in her lifetime.
Throughout her life, Jacqueline Kennedy Onassis has lived in grand estates and luxury apartments, including the White House when her husband, President John F. Kennedy, served as president.
She grew up in spacious New York apartments and several-acre estates, and after her marriage, she spent her summers at the famed Kennedy Compound and winters on the family's estate in Palm Beach. Though out of all the impressive properties she has resided in, she said her family's "happiest years" were those spent with her husband in the White House.
Here are all of the impressive places she lived in and owned in her lifetime.
Before she was a Kennedy or an Onassis, Jacqueline Lee Bouvier spent her early years in New York City.
The apartment building at 740 Park Avenue.
Stan Honda/AFP/Getty Images
In 1932, the Bouviers moved into an apartment on the sixth and seventh floors of 740 Park Avenue.
The apartment building was developed by her grandfather, James T. Lee. At least for a period, her father couldn't afford to furnish it so Jackie and her sister could roller skate from room to room.
The apartment building later became a home for billionaires and was once considered one of the most iconic apartment buildings in the city.
In 2017, her old apartment sold for $25.25 million.
In the 1940s, Bouvier's mother remarried, and they left New York.
The exterior of the Merrywood mansion.
Gordon Beall/Sotheby’s International Realty
They moved into a Georgian-style mansion called "Merrywood" in McLean, Virginia, in Washington, DC.
The mansion, which was built in 1919, sits on the edge of the Potomac River and covers 23,000 square feet.
The interior of Merrywood mansion.
Gordon Beall/Sotheby’s International Realty
Bouvier's mother had married an oil magnate named Hugh D. Auchincloss, who owned the mansion.
At the time, it had nine bedrooms and 13 bathrooms, as well as an extensive garden.
Bouvier wrote fondly about the house in her diary, saying, "I always love it so at Merrywood — so peaceful … with the river and those great steep hills."
Bouvier spent her summers at her paternal grandfather's East Hampton estate called "Lasata," which means "place of peace," in the native Algonquian language.
Jackie Bouvier and her mother at their East Hampton home.
Bettmann/Getty Images
The house, which was 8,500 square feet, was built in 1917 and sat on about seven acres.
She also spent some of her summers at her maternal grandfather's house in East Hampton called "Wildmoor."
Jacqueline Bouvier rides horseback as her dad, John, walks at her side in East Hampton.
Bettmann/Getty Images
The 18th-century home, covering about 5,700 square feet, was a shingle-and-clapboard wooden house with a view of fields, a swamp, and the sea, The Wall Street Journal reported.
In 2021, the house was sold for $6.8 million.
Her next notable property was the Kennedy family's summer home in Hyannis Port, Massachusetts.
Then-Sen. John F. Kennedy and Jackie Bouvier were on vacation at the Kennedy compound in Hyannis Port.
Hy Peskin/Getty Images
Joseph Kennedy Sr., John F. Kennedy's father, bought a white-shingled cottage in Hyannis Port, Massachusetts, for $25,000 — about $450,000 today. The coastal Massachusetts cottage became the Kennedy family's home base for years to come.
Before they were married, Bouvier and John F. Kennedy spent some time together there, which later became known as the "Kennedy Compound."
Jackie Bouvier was on vacation at the Kennedy compound in Hyannis Port.
Hy Peskin/Getty Images
The Kennedys bought the house in 1928, Town and Country reported.
In 1953, Bouvier became a Kennedy when the couple married in Newport, Rhode Island.
Jackie Kennedy poses for a portrait at the staircase in Hammersmith Farm.
Brooks Kraft LLC/Sygma via Getty Images
They had the wedding reception at her mother's husband's sprawling estate, known as "Hammersmith Farm," anchored by a grand, 28-room Victorian-era mansion.
The property was last sold in 1999 for just over $8 million.
The estate became a part-time summer home for the Kennedys, along with the Kennedy Compound.
Janet Lee Auchincloss, the mother of Jacqueline Kennedy, is shown at Hammersmith farm in Newport, Rhode Island.
Suzanne Vlamis/AP
Jackie Kennedy spent summers on the estate during her childhood, and the Kennedys later vacationed there in the summer of 1961.
In 1953, not long after the Kennedys were married, they rented a four-story, four-bedroom house in Georgetown at 3321 Dent Place.
Two years later, in 1955, the Kennedys moved to "Hickory Hill," another Georgian-style house.
Hickory Hill was under renovation in 2013.
Melina Mara/The Washington Post/Getty Images
This one was built in 1815 and had a tennis court, a pool, and 12 fireplaces on a 5.6-acre plot in McLean, Virginia.
They bought it from Supreme Court Justice Robert Jackson.
Two years later, the Kennedys sold it for $250,000 to John's brother, Robert, who would end up raising his own family there.
Four of Robert F. Kennedy's children pose for a photo on the stairs of the family house, Hickory Hill.
CBS Photo Archive/Getty Images
Jackie didn't want to go back after her daughter was stillborn.
Robert Kennedy was at the house when he heard John had been assassinated, the Baltimore Sun reported. He spent an hour alone, walking around the estate.
In 1956, the Kennedys bought a summer home at 111 Irving Avenue in Hyannis Port, Massachusetts, right beside the original Kennedy summer home.
Then Sen. Ted Kennedy, his wife Joan Kennedy, NBC News' Barbara Walters during an interview at the Kennedy Compound.
NBC/NBC Newswire/NBCUniversal via Getty Images
The 4,484-square-foot clapboarded home sat on less than an acre of land and soon became part of the "Kennedy Compound."
In 1957, the Kennedys bought 3307 N Street, an 18th-century brick row house in Georgetown, for $82,000.
NBC News' Dave Garroway interviews Pat McMahon, whom John F. Kennedy saved in World War II, outside Kennedy's home at 3307 N Street in Georgetown.
NBC/NBC Newswire/NBCUniversal via Getty Images
Jackie spent about $18,000 on remodeling it, and she decorated the house with armchairs and good porcelain.
Her husband campaigned and was elected president during their years here, Architectural Digest reported.
Though not officially a property she owned, Jackie lived in the White House with her family during her husband's presidency from 1961 to the end of 1963.
Jackie Kennedy stands in a dining room table inside the White House.
CBS Photo Archive/Getty Images
She later described this period as her family's "happiest years," The Daily Beast reported.
During the winters, while they were living in the White House, they vacationed at her father-in-law Joseph Kennedy's Palm Beach estate.
An aerial view of the Kennedy’s home in Palm Beach.
Lynn Pelham/Getty Images
The Palm Beach estate became known as the Kennedys' "winter White House." In 2020, the house sold for $70 million and underwent extensive renovations by the new owner.
In 1963, after her husband was assassinated, Jackie and her children left the White House and moved into an 18th-century home at 3017 N Street in Georgetown.
The exterior of 3017 N Street Northwest in Washington, D.C.
Marvin Joseph/The Washington Post via Getty Images
She paid around $175,000 for the five-bedroom house but only lived there for about a year. It was too public, and she reportedly became overwhelmed with all of the tourists.
In 1964, Jackie and her children moved back to New York after she discreetly bought a 5,300-square-foot apartment on the 15th floor of 1040 Fifth Avenue for $200,000.
Jackie Kennedy Onassis leaving her Fifth Avenue apartment in New York City.
PL Gould/Images/Getty Images
The apartment had five bathrooms, three fireplaces, two terraces, and a library.
"It doesn't matter," she said when declining to share details about the new house. "The much more important thing is we both love the property. It's a private valley. It's beautiful."
In 1979, after her second husband died, Jackie decided to build a new house called "Red Gate Farm," on 340 acres of land in Martha's Vineyard.
Workmen and gardeners putting the finishing touches on the new home of Jackie Onassis in Martha's Vineyard.
Bob Dean/Boston Globe/Getty Images
She only spent a little more than $1 million on the land, and then another $3.1 million on building the house, which was finished in 1981. The main building covers 6,456 square feet.
There's also a four-bedroom guest house, a pool, and a tennis court. The property stretches across a mile of beach.
In 2020, it was put up for sale for $65 million.
Editor's note: This story was first published in September 2023 and has been updated with additional information.
Princey — Totally Plastic Pha'Nesse — performs on season four of "We're Here."
Greg Endries/HBO
Princey — "Totally Plastic" Pha'Nesse — is a wrestler who did drag under Priyanka's tutelage on "We're Here."
Princey said that doing the show, and drag, helped him feel more confident.
This is Princey's story, as told to Business Insider reporter Palmer Haasch.
This as-told-to essay is based on a conversation with Princey, a wrestler who performs under the name "Totally Plastic" Pha'Nesse and did drag under drag mother and "Canada's Drag Race" winner Priyanka on the HBO series "We're Here," which is currently streaming on Max. The conversation was edited for length and clarity.
I first got into wrestling when I was in diapers.
I grew up the youngest of two older brothers. Wrestling has always been around in my life, ever since I was a baby. I remember having the action figures, the video games, and everything — I was just obsessed.
I kind of lost interest a little bit growing up, and then I got back into it when I was 18 or so. My mom passed away when I was 23 and I was just kind of depressed, sad, and I was flipping through the channels and saw that "Monday Night RAW"was on. I was with some friends watching it and something just clicked in my head: "Why aren't I doing this?"
Growing up in Murfreesboro, being this out, proud gay Black man was kind of just frowned upon. To protect myself from getting insulted or attacked, I kind of just covered it up. And Princey was just kind of this quiet individual who never really went around too much, and just did my own little thing.
When I first started out in wrestling, I was so quiet and timid. And they were like, "You can't do that here. You're supposed to be yourself times a hundred." And so I was like, "Okay. I just got to shake off everything that I held in."
I finally found my wrestling identity as 'Totally Plastic' Pha'Nesse
I came across the Crux Wrestling training center with my coach Brian Maxwell and Kerry Awful, and came to a class in Maxwell's backyard. I was just rolling around and doing stuff and they were like, "You're a natural." And I was like, "I am? What?"
I just kept coming back and learning things every weekend. That was the main thing taking my mind off everything going on in the past with my mom. I had this safe place where I could just be myself.
Brian, Priyanka, and Princey in season four of "We're Here."
Greg Endries/HBO
I went to a show at the TWE arena and met everybody, and just felt an instant connection. I was looking at their social media, and the first thing — which is so rare in the South — was them being on the mic saying that TWE does not condone homophobia or racism. I was like, "I have to be here. I'll work my butt off to be here."
When I was growing up and wrestling, I was so captivated by the women wrestlers. I just felt like they were amazing, and they could tell these amazing stories in probably less than five minutes. I just saw so much pageantry there, and so much charisma, and I was like, "This is kind of drag."
I thought my wrestling name was going to be "Princey," but my coaches were like, "Nah, not really." Then, my name was going to be "The Pha'Nesse," and I was like, "I like Pha'Nesse, I don't want to get rid of that. I'll drop the 'the.'"
"Totally Plastic" was supposed to be this mean, bitchy gimmick. My coaches thought I was going to be a bad guy. But my first match I had in Alabama, the moment I hit the stage, the crowd was just like "Woooo!" And so I was like, "I can't be a bad guy. I love the crowd too much. This is awesome."
So Totally Plastic stayed, but it's more just this really flamboyant character that just loves everybody.
Brian, Priyanka, and Princey in season four of "We're Here."
Greg Endries/HBO
I found new confidence through drag and sharing my story on HBO's 'We're Here'
I was so nervous to do "We're Here."
I didn't know what the show was at first. The casting director was just like, "This is just a docuseries that's documenting people from different walks of life." I had no idea it would be on HBO, or this type of platform!
When I found out that this was a popular show, I was like, "Should I do this?" I didn't tell most of my family. I think I told my aunt, and I told my friends, and they were like, "Do it. I feel like you're one of the people who do have a story to tell about just everything you've been through in life. Maybe you can inspire somebody who sees you, who grew up in your situation."
I felt like I wanted to do that, because it brought me back to watching the divas and wrestling. They inspired me growing up, so I wanted to be that person for somebody.
I learned the choreography for the performance in three days, and when I saw my outfit and my wig, I was like, "This is going to be awesome. I am in the House of Priyanka, I can't look bad." She's an awesome dancer, and so I was like, "Okay, I got to really get into the gig."
And so I treated it kind of just like a wrestling match: I know my spots, I know what I'm supposed to here. Priyanka was a huge help. It was kind of like having a wrestling coach, but it was just my drag mom.
I'm able to speak up about situations I don't like, and I feel like that's Pha'Nesse, that's just me coming into my true form. I'm so glad I did it, because I feel like I never would have gained this sort of confidence — being around these awesome people who were like, "You're this awesome person."
To be honest, I never really believed I was this special person. But if you're the only one doubting yourself, and all these people say you're wrong, maybe you need to look in the mirror.
Analysts at Ord Minnett think that Aurizon could be an ASX dividend share to buy. It is a rail freight operator with a network spanning thousands of kilometres. With this network it transports a range of commodities, including mining, agricultural, industrial and retail products for a diverse range of customers across Australia.
The broker is positive on the company due partly to its belief that coal usage in China and India will continue to keep Aurizon busy for a long time to come. The broker expects this to underpin partially franked dividends of 18.6 cents per share in FY 2024 and then 24.4 cents per share in FY 2025. Based on the current Aurizon share price of $3.69, this will mean dividend yields of 5% and 6.6%, respectively.
Ord Minnett has an accumulate rating and $4.70 price target on its shares.
Another ASX dividend share that analysts are bullish on is the Charter Hall Retail REIT. It is a property company with a focus on supermarket anchored neighbourhood and sub-regional shopping centre markets.
Citi likes the company due partly to its inflation-linked rental increases. It is expecting this to underpin dividends of 28 cents per share in both FY 2024 and FY 2025. Based on the current Charter Hall Retail REIT share price of $3.38, this will mean very large yields of 8.3%.
Citi has a buy rating and $4.00 price target on its shares.
A third ASX dividend share that analysts are tipping as a buy is Eagers Automotive. It is the leading automotive retail group in Australia and New Zealand.
Bell Potter believes that recent share price weakness has created a buying opportunity for income investors. Especially given its expectation for above-average dividend yields in the near term.
It is forecasting fully franked dividends of 64.5 cents per share in FY 2024 and then 73 cents per share in FY 2025. Based on its current share price of $10.89, this represents dividend yields of 5.9% and 6.7%, respectively.
The broker has a buy rating and $13.35 price target on its shares.
Should you invest $1,000 in Eagers Automotive Ltd right now?
Before you buy Eagers Automotive Ltd shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Eagers Automotive Ltd wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Aiming to beat the ASX with some cash-gushing dividend stocks?
You’re not alone!
Below we look at three high-yielding ASX dividend stocks that have been smashing the average yields delivered by ASX shares.
So, if it’s market-beating passive income you’re after, read on.
Three high-yielding ASX dividend stocks
Before we proceed, note that the yields you generally see quoted are trailing yields. Future yields can be higher or lower depending on a range of company-specific and macroeconomic factors.
And while we’re looking at three cash-gushing ASX dividend stocks here, the ideal passive income portfolio will contain more than ten companies. Ideally, these will operate in different sectors and geographic locations. That kind of diversity will lower the overall risk to your income portfolio.
With that said, the first dividend stock to buy to beat the ASX is Australia and New Zealand Banking Group Ltd (ASX: ANZ).
ANZ shares have been on fire over the year gone by, soaring more than 26% over 12 months.
As for that passive income, ANZ paid a final partly franked dividend of 94 cents a share on 22 December. The S&P/ASX 200 Index (ASX: XJO) bank will pay the interim dividend of 83 cents a share on Monday, 1 July.
That equates to a full-year payout of $1.77 a share, and it sees ANZ shares trading on a partly franked dividend yield of 6.14%.
Which brings us to the second ASX dividend stock to buy to beat the ASX, Yancoal Australia Ltd (ASX: YAL).
The Yancoal share price has also rocketed over the past year, up a whopping 42% over 12 months.
And that’s not including the two super-sized dividends the ASX coal miner paid out over the year.
Yancoal paid a fully franked interim dividend of 37 cents per share on 29 September. The coal stock paid the final dividend of 32.5 cents a share on 30 April. That works out to a full-year payout of 69.5 cents a share.
And it sees this top stock trading on a fully franked yield of 11.05%. Take that ASX!
Rounding off our list of high-yielding ASX dividend stocks is Woodside Energy Group Ltd (ASX: WDS).
Unlike our other two ASX smashing companies, the Woodside share price has lost ground over the past year, down 17%.
But the oil and gas company continued to please passive income investors. Woodside paid a fully franked interim dividend of $1.243 a share on 28 September and a final dividend of 91.7 cents a share on 4 April for a full-year payout of $2.16 a share.
That sees this ASX dividend stock trading on a fully franked trailing yield of 7.72%.
Should you invest $1,000 in Australia And New Zealand Banking Group right now?
Before you buy Australia And New Zealand Banking Group shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Australia And New Zealand Banking Group wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
With the global uranium race heating up, investors may want to run their slide rule over ASX exchange-traded fund (ETF) Betashares Global Uranium ETF (ASX: URNM).
URNM is intended to track the performance of a basket of Australian and international uranium miners.
You can buy and sell shares in this top ASX ETF just like you would with individual stocks.
And it gives you instant diversification and exposure to 38 leading uranium producers across the globe.
Launched in June 2022, URNM’s top four holdings are internationally listed companies:
Cameco Corp
NAC Kazatomprom JSC
Sprott Physical Uranium Trust
CGN Mining Co LTD
Two leading ASX uranium stocks are also in the ETF’s top 10 holdings. Namely Paladin Energy Ltd (ASX: PDN) and Boss Energy Ltd (ASX: BOE).
Australia is second only to Canada in terms of URNM’s country allocation, with Kazakhstan at number three and the United States at number four.
The ASX ETF has been running hot amid the global uranium renaissance. According to Betashares, as at 31 May and including dividends, the fund had returned 89.4% over the prior 12 months (although returns will have partially retreated from this figure as at the time of writing).
ASX ETF making hay amid global nuclear revival
As you’re likely aware, nations around the world are fast reversing their opposition to nuclear energy as a means to provide reliable baseload power without carbon emissions.
And that change in sentiment has been a boon for this ASX ETF.
Today, at least 58 new nuclear power stations are under construction across 16 countries. Twenty-two of these are in China, with India also investing heavily in new nuclear plants.
But the world’s two most populous nations aren’t alone.
In December, 22 nations â including the United States, Japan and France â pledged to triple their nuclear power capacity by 2050.
And in good news for uranium producers and this ASX ETF, the US Government recently unveiled a major spending package to up its nuclear capacity.
According to US Energy Secretary Jennifer Granholm:
We are entering a new era of nuclear energy, our single largest source of carbon-free electricity. We plan to invest up to US$900 million to accelerate nuclear deployment, add more small modular reactors, and reach more Americans with clean energy.
With uranium supply growth trailing demand growth, uranium prices hit all-time highs of around US$107 per pound in late January, up from an average of US$67 per pound in 2023.
Prices have come down from there, recently trading for US$86 per pound. That’s also seen the URNM share price drop by around 12% over the past month.
But with uranium demand widely expected to outstrip new supplies for years yet, I believe that’s just a bump in the road for longer-term investors in the top ASX ETF and could present an excellent entry point.
What are the experts saying?
Commenting on the global nuclear renaissance Guy Keller, fund manager at Tribeca Investment Partners said (quoted by The Australian Financial Review):
I think the real change has been global ⦠which has made it much more politically safe… There has been a massive, wholesale global adoption of nuclear technology and its ability to solve decarbonisation of the electricity grid, and also some very serious energy security concerns.
Regal Partner’s Phil King is among those forecasting tight uranium supplies are likely to persist for some time.
According to King:
We’re seeing a huge rollout of nuclear plants all around the world, and this is very much led by India and China. Because of the time it takes to get new mines into production, this ⦠almost guarantees that we’re facing a very, very tight scenario for uranium.
With this “very tight scenario for uranium” in mind, I think this ASX ETF looks well placed for more outperformance in the year ahead.
Should you invest $1,000 in Betashares Global Uranium Etf right now?
Before you buy Betashares Global Uranium Etf shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Betashares Global Uranium Etf wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Cameco. The Motley Fool Australia has recommended Betashares Global Uranium Etf. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
On Tuesday, the S&P/ASX 200 Index (ASX: XJO) had a very strong session and raced higher. The benchmark index stormed 1.35% higher to 7,838.8 points.
Will the market be able to build on this on Wednesday? Here are five things to watch:
ASX 200 expected to fall
It looks set to be a red day for the Australian share market on Wednesday despite a relatively positive session in the United States. According to the latest SPI futures, the ASX 200 is expected to open the day 36 points or 0.45% lower. On Wall Street, the Dow Jones was down 0.75%, but the S&P 500 pushed 0.4% higher and the Nasdaq climbed 1.25%.
Oil prices fall
ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Woodside Energy Group Ltd (ASX: WDS) could have a tough day after oil prices pulled back overnight. According to Bloomberg, the WTI crude oil price is down 1.1% to US$80.77 a barrel and the Brent crude oil price is down 1.2% to US$84.94 a barrel. Easing tensions between Israel and Lebanon were behind the weakness.
Buy Bellevue Gold shares
The Bellevue Gold Ltd (ASX: BGL) share price is good value according to analysts at Goldman Sachs. This morning, the broker has initiated coverage on the gold miner with a buy rating and $2.20 price target. This implies potential upside of 24% for investors. It said: “With BGL largely through initial ramp up, we see the business well positioned amongst mid-cap peers at ~200-250kozpa gold production, with higher average grades and stronger margin generation, where low cost mill expansion/underground optionality support further upside.”
Gold price falls
ASX 200 gold shares such as Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could have a subdued session after the gold price eased overnight. According to CNBC, the spot gold price is down 0.6% to US$2,331.1 an ounce. A stronger US dollar and widening bond yields put pressure on the precious metal.
Perpetual rated as a buy
Analysts at Bell Potter think investors should be buying Perpetual Ltd (ASX: PPT) shares. According to a note, the broker has reaffirmed its buy rating and $27.60 price target on the fund manager’s shares. This implies potential upside of 30% for investors. Its analysts continue to believe that Perpetual’s shares are undervalued by the market. They said: “We continue to see considerable upside from the current share price.”
Should you invest $1,000 in Bellevue Gold Limited right now?
Before you buy Bellevue Gold Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Bellevue Gold Limited wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor James Mickleboro has positions in Woodside Energy Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
Thursday's presidential debate is the first ever to feature commercials, which could rake in millions not only for CNN, but other networks, too.
Megan Varner, Reuters
Thursday's presidential debate will feature commercials for the very first time
Struggling with ratings, CNN is banking on the event to draw in viewers and millions in revenue
Rival networks can air the live broadcast and run their own ads, setting them up to outperform CNN
Faced with lagging viewership, CNN is anticipating that Thursday's presidential debate will rake in huge sums. Yet other networks are allowed to air the live broadcast of the showdown, setting them up to outperform CNN at its own game.
President Joe Biden and former President Donald Trump's uncharacteristically early face-off is notable for various reasons, namely the two commercial breaks that will splice up the 90-minute debate. Presidential debates have historically been ad-free, but CNN is offering two tiers of advertising this year, with the most robust package costing a minimum of $1.5 million, sources told Semafor.
Though CNN is hosting and moderating the debate from its studios in Atlanta, other networks can sell their own advertisements during their simulcasts. Given that some of those networks, like Fox News and MSNBC, typically have a larger primetime audience than CNN, they may be able to sell advertising slots for more money, Variety reports.
Per CNN's rules, networks cannot plug commercial breaks with commentary from their own on-air personalities and must keep the CNN logo visible.
A CNN spokesperson told Business Insider that the network is making the debate available across a variety of platforms in an effort to reach as many people as possible, and a representative for Fox News pointed to the network's press release about its coverage. Other networks did not immediately respond to Business Insider's request for comment.
With cable news channels like CNN facing questions about their futures, the presidential election serves as a potential opportunity to boost viewership. As Semafor notes, the election so far hasn't generated the same level of attention as recent races, but debates — especially the early ones — historically generate high ratings.
Clea Conner, the CEO of Open to Debate, a nonpartisan organization, told Politico that the decision to air advertisements is "shameful" and likened the event to reality television.
"Even though there will be only two commercial breaks this time, once we deem them acceptable it's a classic slippery slope," she told Politico. "How many will there be next time, and the time after that?
But I'm an interior designer who's spent years working with all sorts of spaces and a range of budgets. I believe it's worth investing in timeless, well-crafted pieces even if you're decorating a rental.
One retailer I enjoy shopping at is CB2, a high-end treasure trove of modern furnishings and accents that never fail to impress me.
Here are nine pieces I'd buy there right now.
Use the Derrico acacia-wood coffee table to add visual interest to a living room.
The Derrico acacia-wood coffee table can add organic shapes to a home.
Tyka Pryde Edwards
The sculpted organic shape of this Derrico acacia-wood table brings fluidity and movement to a room. Each table is unique, showcasing grain patterns, knots, and textures that add warmth and character to a space.
With its natural finish and minimalist design, it serves as a versatile centerpiece, ideal for any living room (especially one going for an organic modern look).
The Enyo travertine coffee table is a timeless and dramatic statement piece.
A travertine coffee table is a huge statement piece.
There's something inherently timeless about natural materials and stone, so this piece won't be out of style anytime soon. Plus, travertine can be an exceptionally durable material that works well on a coffee table.
This black wall mirror has a horn frame that makes it a focal point.
I love that this piece departs from traditionally European-centric bust sculptures. It's the first bust I've encountered depicting a Black person, and its significance resonates deeply.
The sleek matte-black finish and sculpted curves evoke a sense of modern elegance and powerfully celebrate diversity.
The Faible wheat-performance-velvet sectional sofa is sleek.
CB2 has some solid couch options, in my opinion.
Tyka Pryde Edwards
I love a deep-seat sofa, but it's hard to find ones that still feel sleek. With clean lines and a buttery-soft texture, this Faible sofa strikes the ideal balance between sophistication and coziness.
The fabric is undeniably beautiful and comes in several different swatches, too.
Use the Kota round marble dining table to eat at or to decorate a foyer.
The Kota round marble dining table looks elegant and it's functional.
Tyka Pryde Edwards
I'm obsessed with this sleek round marble dining table from CB2. Its silhouette is accentuated by a tiered effect in the marble, creating a sculptural masterpiece that combines form and function.
Although it's probably most often used as a dining table, it also works well as a stunning entry table in a grand foyer or lobby.
The Copernicus tarnished-silver wall sconce is a showstopper.
The Copernicus tarnished-silver wall sconce holds tapered candles.
Tyka Pryde Edwards
The tarnished-silver finish of the Copernicus wall sconce is highly reflective and creates a stunning play of light and shadow that adds depth and dimension to a space.
Because it uses tapered candles, it's perfect for illuminating walls without hardwiring or unsightly cords. Really, it's a sophisticated solution to ambient lighting.
I would recommend flanking a piece of art with these sconces in a dining room.
You can use light-brown velvet Bettie throw pillows in just about any space.
CB2's Bettie throw pillow in light-brown velvet would look great on most couches.
Tyka Pryde Edwards
CB2's Bettie throw pillow in light-brown velvet is perfectly neutral, meaning it effortlessly complements any decor scheme.
The plush velvet makes the pillow luxurious, and the subtle fringe detail gives it extra visual interest as a stylish accent piece.
A smoked wall mirror is a unique way to add personality to your home.
A smoked wall mirror is a conversation piece.
Tyka Pryde Edwards
Even with its smoky finish, this 48-inch ultra-modern mirror can brighten dark corners by reflecting light from different angles.
Plus, its curved surface adds a playful distortion to reflections, making it an instant conversation starter.
