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  OINTS Day passes at hotels and resorts offer guests access to amenities without the cost of reserving a room. ResortPass holds 95% share of the day-guest market, according to the company, and has partnered with more than 1,300 luxury hotels, including the Waldorf-Astoria, JW Marriott and Fontainebleau. Wellness travel can be enjoyed with a loved one, the entire family, or even solo. Getty Images Avid traveler Lora Bowler is cutting back on vacation spending. That doesn’t mean she’s skipping the resort. The New York resident said she spent more in 2023 than she had expected to, including on travel, and is now reining in her expenses. She uses travel hacks and benefits to cut some of the cost, and she’s part of a growing number of people turning to hotel day passes as a cheaper option for relaxation. “It’s like a neat way to escape and feel like you’re at a five-star hotel,” Bowler said, “but you can’t afford to stay.” Day passes at hotels and resorts offer guests access to ameniti...

  WATCH NOW VIDEO 05:13 Warren Buffett cuts Berkshire’s stake in Apple by 13% as iPhone sales slump OMAHA, Nebraska —  Warren Buffett’s Berkshire Hathaway  cut its gigantic  Apple  stake in the first quarter as the “Oracle of Omaha” continued to downsize his one-time favorite bet. In its first-quarter earnings report, Berkshire Hathaway reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake. Apple was still Berkshire’s biggest holding by far at the end of the quarter. Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024.  David A. Grogen | CNBC This is the second quarter in a row that the Omaha-based conglomerate has trimmed the stake in the iPhone maker. It sold about 10 million Apple shares (just 1% of its massive stake) in the fourth quarter. This filing, when accounting for the change in App...

Samantha Subin Lisa Kailai Han A trader wears a t-shirt with Reddit’s logo, at the New York Stock Exchange (NYSE) in New York City, U.S., March 21, 2024.  Brendan McDermid | Reuters The  Dow Jones Industrial Average  slipped on Friday, but clinched its best week of the year after back-to-back record-setting sessions. The Dow dipped 305.47 points, or 0.77%, to close at 39,475.90. The  S&P 500  inched lower by 0.14% to end at 5,234.18. The  Nasdaq Composite  added 0.16% and closed at 16,428.82 for another record. All three major averages notched healthy gains this week, with the S&P 500 rising about 2.3%. The Dow was up just shy of 2% for its  best week since December.  The Nasdaq is the outperformer of the three, jumping nearly 2.9%. “It’s a digestion period after a really strong week,” said Truist’s co-chief investment officer Keith Lerner of Friday’s moves. “Our view is that the overall trend is still positive for the market, es...

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  eorge Zhao, Chief Executive Officer of Chinese consumer electronics brand Honor, smiles as he shows the new Honor Magic 6 Pro smartphones during a presentation on the eve of the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 25, 2024. Pau Barrena | Afp | Getty Images BARCELONA — Chinese electronics maker Honor is working on a smart ring, its CEO told CNBC on Tuesday, just a day after Samsung took the wraps off of its own offering in the product category. Samsung debuted the Galaxy Ring on Monday  after teasing it earlier this year. The device, which is the company’s first foray into the product category, has multiple sensors that can track health markers, such as the wearer’s heart rate. It is part of a broader health push by Samsung. Honor is developing its own smart ring, company CEO George Zhao told CNBC at the Mobile World Congress in Barcelona. “Internally ,  we have this kind of solution, now we are working o...

  Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Artificial intelligence phones: these are the buzzwords you’ll likely hear this year, as smartphone players look to jump on the AI hype to boost sales of their devices after a difficult stretch of time. OpenAI’s ChatGPT, released in late 2022, sparked huge interest in generative AI, specifically — models trained on huge amounts of data that are able to produce text, images and prompts from user videos. Since then, AI excitement has touched every industry and entered the popular imagination. Smartphone makers see a chance to cash in and are going to be touting the tech at the Mobile World Congress (MWC), the biggest mobile i...