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Search resuls for: "Eric Baradat"


6 mentions found


☆ The 'supercore' inflation measure shows Fed may have a real problem on its hands
  + stars: | 2024-04-10 | by ( Brian Evans | ) www.cnbc.com   time to read: +3 min
Eric Baradat | AFP | Getty ImagesA hotter-than-expected consumer price index reading rattled markets Wednesday, but markets are buzzing about an even more specific prices gauge contained within the data — the so-called supercore inflation reading. Along with the overall inflation measure, economists also look at the core CPI, which excludes volatile food and energy prices, to find the true trend. The supercore gauge, which also excludes shelter and rent costs from its services reading, takes it even a step further. Today, he added, the picture is more complicated because some of the most stubborn components of services inflation are household necessities like car and housing insurance as well as property taxes. Sticky inflation problem
Persons: Jerome Powell, Eric Baradat, Tom Fitzpatrick, Fitzpatrick, Dow Jones, Stephen Stanley, Ian Lyngen, we're Organizations: AFP, Getty, O'Brien & Associates, Dow, Santander U.S, Wall, CPI, BMO Capital Markets, Fed Locations: Washington ,
☆ Sam Altman's act may be wearing thin
  + stars: | 2024-03-26 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking into how some in Silicon Valley are starting to sour on OpenAI's Sam Altman . AdvertisementFrom hardball tactics when raising funds to relentless self-mythologizing about his role in the future of tech, Altman's act is wearing thin on some . Even VCs uninterested in AI deals are quickly becoming servants to Altman's AI empire. Big market, fall hard.
Persons: —, Baltimore's Francis Scott Key, Sam Altman, Alastair Grant, Rebecca Zisser, Darius Rafieyan, Altman, Elon Musk, à, Steve Jobs, VCs, Samantha Stokes, Eric Baradat, Torsten Slok, David Rosenberg, BofA, Drew Watson, Birkin, Abanti Chowdhury, Elon, Don Lemon, that's, Musk, Mark Zuckerberg, Google's, Meta, Dave Calhoun, Aaron Schwartz, Adam Neumann, Neumann, Robert F, Kennedy Jr, Dan DeFrancesco, Hallam Bullock, George Glover, Grace Lett Organizations: Business, Service, Baltimore Fire Department, Tech, Apple Vision, NFL, ChatGPT, Kruze Consulting, Apollo Global Management, Federal Reserve, Bank of America, Abanti, Getty Images, Street Locations: Silicon Valley, Plenty, Big, Orlando, New York, London, Chicago
☆ Maryland won a tentative victory in the race for a new FBI headquarters, a potential economic boon for a majority Black county near DC
  + stars: | 2024-01-20 | by ( John L. Dorman | ) www.businessinsider.com   time to read: +5 min
"And he recognized the importance of the FBI for Maryland and in particular for Prince George's County." Related storiesPrince George's County, the majority-Black county directly to the east of Washington, DC, has for years had one of the most affluent Black populations of any jurisdiction in the country. But compared to Northern Virginia localities like Fairfax County, which has been an economic powerhouse for decades, Prince George's County hasn't enjoyed a similar level of economic development. "We have 4% of leased federal office space in Prince George's County," Hoyer told me, while also pointing out that the county is home to roughly 20% of the Washington region's federal workers. "We're absolutely convinced that everything was done properly," Hoyer told me.
Persons: Wes Moore, Steny Hoyer, —, Edgar Hoover, Ben Cardin, Chris Van Hollen, Hoyer, Robert Mueller, Mueller, Moore's, George's County, Prince, Prince George's County hasn't, ERIC BARADAT, Moore, Christopher Wray, We're, I've Organizations: GSA, FBI, Gov, Virginia, Service, Metro, Maryland Gov, Maryland, Democratic Rep, Democratic, eventual, Prince, Getty, Washington, Marine Corps Base Quantico, General Service Administration Locations: Maryland, Virginia, Greenbelt , Maryland, Prince George's County, Maryland Sens, George's, Black, Washington, Northern Virginia, Fairfax County, AFP, Prince George's, Fairfax
☆ The rise of gig workers is changing the face of the US economy
  + stars: | 2023-07-24 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +9 min
The number of gig workers is growing and making an impact throughout the economy. But workplace experts say the number of gig workers is growing, and and their impact is being felt throughout the economy. “People who have access to the gig economy borrow less money than people who don’t. Working in the gig economy can help people spend more time searching for their next job, if they've been laid off. “We could do so much better.”Recently, local governments have attempted to bolster platform gig workers’ protections.
Persons: Los Angeles CNN — Lazarus, ”, that’s, Eric Baradat, Louis Hyman, Uber, DoorDash, Jenn Rosenberg, Hyman, “, Erica Groshen, they've, Spencer Platt, Doordash, Susan Houseman, Groshen, we’ve, ” Groshen, they’re Organizations: Los Angeles CNN, Uber, CNN, DoorDash, Getty, of Labor Statistics, Cornell University, “ Society, University of Chicago, IRS, Bureau of Labor Statistics, Massachusetts Institute of Technology, BLS, . Upjohn Institute, Employment Research, North, New York City, Federal Reserve, Federal, System Locations: Hill , North Carolina, “, United States, AFP, DoorDash, Kalamazoo , Michigan, North America, New York, California
☆ Alex Jones' billion-dollar judgement: The conspiracy theorist has turned career-ending setbacks into profit windfalls, but this could be too much to overcome
  + stars: | 2022-09-22 | by ( Ashley Collman | Tom Porter | ) www.businessinsider.com   time to read: +22 min
Robbie Parker was later falsely called a crisis actor, and the Parkers are among those who sued Alex Jones for defamation. Longtime informal adviser to Donald Trump, Roger Stone (right), and and Alex Jones (left) speak to reporters in December 2018. Picture showing a computer screen displaying the Twitter account of Far-right conspiracy theorist Alex Jones taken on August 15, 2018 in Washington DC. "Alex Jones is likely to continue being Alex Jones, which means he's likely to try all kinds of shenanigans to avoid accountability," said Holt. "The money awarded in damages does not repair what Alex Jones has done to those parents' lives, but it could be a step towards dismantling the toxic empire that Alex Jones has built around his brand."
☆ The Fed is now expected to keep raising rates then hold them there, CNBC survey shows
  + stars: | 2022-09-20 | by ( Steve Liesman | ) www.cnbc.com   time to read: +5 min
That is, the Fed will hike and hold, not hike and cut as many in the markets had been forecasting. The September CNBC Fed Survey shows the average respondent believes the Fed will hike 0.75 percentage point, or 75 basis points, at Wednesday's meeting, bringing the federal funds rate to 3.1%. The new peak rate forecast represents a nearly 40 basis-point increase from the July survey. Ryding sees a potential need for the Fed to hike as high as 5%, from the current range of 2.25%-2.5%. Respondents put the recession probability in the U.S. over the next 12 months at 52%, little changed from the July survey.
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