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☆ Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway
▼ + stars: | 2024-04-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +20 min

South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.

Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park

☆ I got my dream job at Apple on my fourth attempt. Here's why I left the 6-figure job after only 2 years.
▼ + stars: | 2024-04-25 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +4 min

Corey Griffin landed a job as a software engineer at Apple after showcasing his side hustles. He worked for Apple Music but left to pursue his business this year. I applied for a job at Apple 4 timesI landed a job as a software engineer at Apple in August 2021. I left my Apple job after 2 yearsI worked on software for the Apple music team, including radio and podcasts. I left Apple in December 2023 to pursue my media business full-time, particularly the Speakflow product.

Persons: Corey Griffin, Griffin, —, Vox, I'd Organizations: Apple, Apple Music, Service, Los Angeles . Business, Big Tech, Stanford, Harvard, Rotten Locations: Los Angeles, Culver City , California

☆ Truth Social owner Trump Media asks Congress to investigate ‘troubling’ market manipulation claims
▼ + stars: | 2024-04-24 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Trump Media & Technology Group is asking Congress to investigate its suspicions that illegal activity is driving down its share price. Nunes, himself a former Republican congressman from California, pointed to how Trump Media has been among the most expensive stocks to borrow. Nunes suggested there are signs of “naked” short selling, which involves someone selling shares they don’t own or have not borrowed. Jay Ritter, a finance professor at the University of Florida, said there are more obvious explanations for why some traders are betting against Trump Media. Last week, Nunes wrote a letter to Nasdaq, where Trump Media shares trade, alerting the exchange to concerns about market manipulation.

Persons: New York CNN —, Devin Nunes, ” Nunes, Nunes, ” Jonathan Macey, Jay Ritter, ”, Jay Ritter, Ritter, Jane Street, Ken Griffin, “ Devin Nunes, ‘ Organizations: New, New York CNN, New York CNN — Trump Media & Technology Group, Truth Social, Trump Media, Financial Services, Republican, Traders, Yale Law School, CNN, University of Florida, ” Trump Media, Trump, Citadel Securities, Virtu, Jane, Capital, Citadel, Nasdaq, CNBC Locations: New York, California, Virtu Americas, America

☆ Airlines That Offer 'Stopover' Programs, Some With Free Hotels
▼ + stars: | 2024-04-21 | by ( Taylor Rains | ) www.businessinsider.com time to read: +12 min

Airlines capitalize on this trend with "stopover" programs, some even offering free hotels and food. Airlines have jumped on this growing trend with built-in "stopover" programs, which can come with free or discounted hotels, excursions, transportation, and food at the layover destination. Essentially, you can't intentionally book a longer layover to quality for the free stopover hotel. Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty ImagesSingapore Airlines' stopover program is available via the multi-city tool, similar to other carriers, where travelers can add hotels, transfers, and activities. Urbanandsport/NurPhoto via Getty ImagesTurkish Airlines' stopover program gives economy travelers a one-night free hotel stay and business flyers a two-night free stay if the period between their connecting flights in Istanbul exceeds 20 hours.

Persons: —, Robert Smith, Markus Mainka, Liang Xu, Nicolas Economou, Thomas Mukoya, Suparat, Finnair, Shutterstock Icelandair, Marcio Rodrigo Machado, Bauer, Griffin, Alexi Rosenfeld, CHARLY TRIBALLEAU, Massimo Insabato, It's, Matheus Organizations: Service, Airlines, Travelers, An Air Canada Boeing, Getty Images Air, Air France, KLM Air France, KLM, Air, China Southern Airlines, China Southern Airlines Airbus, Getty Images China Southern Airlines, Copa Airlines AP Copa Airlines, Copa, Emirates, Emirates Airbus, Getty Images Emirates, Dubai Connect, Ethiopian Airlines Ethiopian Airlines, Reuters Ethiopian Airlines, Etihad Airways, Etihad Airways Airbus, Shutterstock.com Etihad Airways, Fiji Airways Fiji Airways, Shutterstock Fiji Airways, Iberia Airbus, Japan, Japan Airlines Boeing, Japan Airlines, Latam Airlines Boeing, Latam Airlines, Hotels, An Oman Air, Getty Images Oman Air, Qantas, Getty, JAL, Oneworld, Qatar Airways, Qatar Airways Boeing, Getty Images Qatar Airways, Royal Jordanian Airlines Royal Jordanian Airlines Boeing, Getty Images Royal Jordanian Airlines, Air Lines, Swiss International Air Lines Airbus, Getty Images Swiss, Singapore Airlines, Airbus, Getty Images Singapore Airlines, Portugal, TAP Air Portugal Airbus, TAP Air Portugal, Turkish Airlines, Turkish Airlines Airbus, Getty Images Turkish Airlines Locations: Getty Images Air Canada, Canada, Air France, Xinhua, Panama, Panama City, Emirates, Dubai, UAE, Addis Ababa, Abu Dhabi, Fiji, Australia, New Zealand, Pacific, Helsinki, Iberia, Iberia Airbus Iberia, Madrid, Icelandair, Reykjavik, Tokyo, Osaka, Kyoto, São Paulo, Brasilia, Fortaleza, Recife, Manaus, Curitiba, Belem, Oman, Muscat, layover, Bangkok, San Francisco, AFP, Switzerland, Singapore, Lisbon, Porto, Portuguese, Azores, Madeira, Istanbul

☆ The new 62-story tower set to transform New York City’s skyline
▼ + stars: | 2024-04-20 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

And now, a multi-billion-dollar tower featuring floor-to-ceiling glass will add another dimension to the cityscape, according to new details unveiled by New York City Mayor Eric Adams this week. Stretching up 62 stories, a planned office tower at 350 Park Avenue will provide space for more than 6,000 jobs, plus 1.8 million square feet of commercial office space, according to a press release. White columns will frame a new public concourse at the base of the new building on Park Avenue, complete with green space, seating and art displays, images show. Building this new office space comes at a fraught time for the commercial real estate market as businesses struggle to entice workers back to the office after years of working from home. The project will begin the city’s public review process early next year and the tower is expected to be completed by 2032, according to the release.

Persons: Eric Adams, Kenneth Griffin, Rudin, White, Foster, Partners Adams, “, ”, Adams, Meera Joshi, ” Joshi Organizations: CNN, Chrysler, Trade Center, Empire, New York City, Vornado Realty Trust, Citadel, Citadel Securities, Partners, Midtown, Rockefeller Center, St, Grand Central, Midtown —, Central Park Locations: New York, Midtown Manhattan, Patrick’s, York, Fifth, Central

☆ Trump Media CEO says he’ll do ‘whatever it takes’ to defend DJT investors from short sellers
▼ + stars: | 2024-04-20 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Trump Media CEO Devin Nunes on Friday said he would "do whatever it takes" to defend the company's retail investors from possible illegal short selling of its shares. Delivering remarks in Scranton, Pennsylvania, on Tuesday, Biden took a dig at Donald Trump, his November Republican election opponent, as shares of Trump Media tanked from its more than $70 debut price. Trump Media's stock, trading under the ticker DJT , rallied toward the end of this week, but has plummeted starkly from its peak. It involves a trader selling shares that have not been borrowed or arranged to be borrowed. Nunes said that Trump Media has appeared on the Nasdaq's "Reg SHO threshold list," which could indicate illegal trading behavior.

Persons: Devin Nunes, Nunes, Joe Biden, Biden, Donald Trump, Trump, DJT, SHO, Ken Griffin Organizations: Truth, Conservative Political, Trump Media, Trump, Republican, Trump Media tanked, Nasdaq, Securities and Exchange, CNBC, SEC, Citadel Securities, GOP Locations: National Harbor , Maryland, Scranton , Pennsylvania, California

☆ Citadel Securities blasts Trump Media CEO Devin Nunes over DJT short selling letter
▼ + stars: | 2024-04-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Al Drago | Bloomberg | Getty ImagesCitadel Securities ripped Trump Media CEO Devin Nunes on Friday for a letter he sent the Nasdaq Stock Market which mentioned Citadel Securities and other major market companies after warning of possible illegal short sale trading in DJT shares. "Devin Nunes is the proverbial loser who tries to blame 'naked short selling' for his falling stock price," said a spokesperson for Citadel Securities. Citadel Securities' founder and non-executive chairman Ken Griffin is a major donor to Republican candidates — among them the former GOP congressman Nunes. "If he [Nunes] worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do," the spokesperson added. "Data made available to us indicate that just four market participants have been responsible for over 60% of the extraordinary volume of DJT shares traded: Citadel Securities, VIRTU Americas, G1 Execution Services, and Jane Street Capital," Nunes wrote.

Persons: Devin Nunes, Al Drago, Ken Griffin, Nunes, Donald Trump, Pavlo Gonchar, Adena Friedman, Friedman Organizations: Truth, Conservative Political, Bloomberg, Getty, Citadel Securities, Trump Media, Nasdaq, Securities, GOP, Republican, CNBC, Lightrocket, Trump, Trump Media & Technology Group Corp, VIRTU, Jane Street Locations: National Harbor , Maryland, VIRTU Americas

☆ What does Goldman Sachs want in a coder? For them to have studied philosophy
▼ + stars: | 2024-04-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Read previewArtificial intelligence is redefining what it takes to be a software engineer on Wall Street. A typical software developer holds a computer science degree. Goldman Sachs' chief information officer, Marco Argenti, recently encouraged his daughter, a college student, to concentrate her education on philosophy if she wants to pursue a career in engineering. AdvertisementZafar said he's paying more attention to people with "a computer science degree and an English minor," or "a psychology major and a computer science minor." Advertisement"That software engineer might get replaced by a sort of prompt engineer," Vyas said.

Persons: —, Goldman Sachs, Marco Argenti, Argenti, he's, it's, Citi's, Shadman Zafar, Zafar, Jensen Huang, Ken Griffin, Deepali Vyas, Korn, Vyas Organizations: Service, Wall, Business, Harvard, Amazon Web Services, Nvidia, World, Citadel Locations: Dubai

☆ Citadel's Ken Griffin wants to build a massive NYC skyscraper that the city hopes will lure more workers back to the office
▼ + stars: | 2024-04-16 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

Citadel's Ken Griffin filed plans alongside Vornado and Rudin for a 62-story NYC skyscraper. The mayor's office said the building would bolster an ongoing revitalization of midtown. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Real estate developers Vornado Realty Trust and Rudin Management filed plans for the project alongside Griffin (whose Citadel and Citadel Securities will serve as anchor tenants), the mayor's office said Tuesday. The prices they paid will fund upkeep for both churches, the Mayor's office said, to the tune of $150 million.

Persons: Citadel's Ken Griffin, Rudin, Griffin, —, Ken Griffin, Adams, Griffin doesn't Organizations: Vornado, Service, Realty, Rudin Management, Citadel Securities, Saint Bartholomew's, Midtown, Bloomberg, Citadel, Business, Miami Locations: Miami, New York, St, Patrick's, Midtown Manhattan, Chicago, United States

☆ Patrick Mahomes defends his dad bod, saying he has 'a great body for a quarterback.' He's right.
▼ + stars: | 2024-04-16 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +4 min

Kansas City Chiefs quarterback Patrick Mahomes has defended his "dad bod." Having more body fat is actually helpful as a quarterback, which is the case for many sports. Reacting to a viral shirtless photo of himself, the Kansas City Chiefs quarterback defended his "dad bod" in an interview with Time magazine for the 2024 Time 100. "I definitely have the dad bod a little bit," Mahomes, 28, said. Having higher body fat doesn't mean Mahomes is lacking explosive power and strength in his muscles, even if they're a bit less visible.

Persons: Patrick Mahomes, Travis Kelce, —, he's, Mahomes, You've, who's, Bauer, Griffin Travis Kelce, Taylor Swift, We're, Kelce, Jason, Ben Carpenter, Carpenter Organizations: Kansas City Chiefs, Service, Forbes, Rachpoot, Griffin Travis Kelce , Kansas City Chiefs, Philadelphia Eagles Locations: LA, Griffin Travis Kelce ,, Bahamas

☆ Surfing great Kelly Slater hints at end of glittering, decades-long career
▼ + stars: | 2024-04-16 | by ( James Legge | ) edition.cnn.com time to read: +2 min

The 52-year-old American, an 11-time world champion, missed the World Surf League’s mid-season cut after losing to compatriot Griffin Colapinto – a man 27 years his junior – in the round of 32 at the Margaret River Pro. This time “feels like the end,” Slater told World Surf League Monday. Slater’s era of dominance began in 1992, when, at age 20, he became the youngest ever men’s world champion, a record he still holds. “It’s been an incredible lifetime of memories,” Slater said at Margaret River on Monday. But it’s been the best times of my life.”And though his storied surf career is coming to an end, Slater added it feels like “the start of something else, the start of the rest of life.”

Persons: CNN — Kelly Slater, compatriot Griffin Colapinto –, Margaret River, ” Slater, ”, Pamela Anderson, “ Kelly Slater’s, Kelly Slater, Australia Margaret, Australia Margaret River Pro, Beatriz Ryder, Slater, “ It’s, “, it’s Organizations: CNN, Margaret, Surf, Australia Margaret River, Fiji Locations: Western Australia, Florida, United States, Australia

☆ Audit Questions Purchase of $19,000 Lectern by Arkansas Governor’s Office
▼ + stars: | 2024-04-15 | by ( Eduardo Medina | ) www.nytimes.com time to read: +1 min

Legislative auditors in Arkansas found that the purchase last year of a $19,000 lectern by Gov. Sarah Huckabee Sanders’s office potentially violated state laws, according to a report released on Monday. But the findings may be moot after the state attorney general, Tim Griffin, said last week that state purchasing laws do not apply to the governor or other executive branch officials. Ms. Sanders, a Republican, faced sharp scrutiny for the purchase, even from members of her own party. The legislative auditors said that their report would be forwarded to the Sixth Judicial District prosecuting attorney and to Mr. Griffin’s office.

Persons: Sarah Huckabee, Tim Griffin, Sanders Organizations: Republican, Sixth Judicial Locations: Arkansas

☆ Taylor Swift, Rihanna, Blackpink's Lisa: Celebrities spotted at Coachella 2024
▼ + stars: | 2024-04-15 | by ( Amanda Goh | Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +9 min

The annual Coachella music festival, held in Indio, California, is underway. Here are the celebrities who have attended the music festival so far. The likes of Jeff Bezos and Lauren Sanchez, Taylor Swift, and even Blackpink's Lisa have been spotted among the audience. Here are the celebrities who have been seen enjoying Coachella 2024 so far. Taylor Swift and Travis KelceTaylor Swift and Travis Kelce at Neon Carnival held during the Coachella Music and Arts Festival on April 13, 2024 in Thermal, California.

Persons: Taylor Swift, Rihanna, Lisa, —, Lana Del Rey, Tyler, Jeff Bezos, Lauren Sanchez, Travis Kelce Taylor Swift, Travis Kelce, Gilbert Flores, Swift, Jason, Lauren Sánchez, Kris Jenner's, Corey Gamble, Lana Del Rey's, Rocky, Shakira, Blackpink's Lisa LISA, BLACKPINK, Bizarrap's, Blackpink's Lisa, Blackpink, Barry Keoghan Barry Keoghan, Tommaso Boddi, Sabrina Carpenter's, Keoghan, Carpenter, Justin Bieber, Jaden Smith Bieber, Smith, Hailey Bieber Hailey Bieber, Campbell Puckett, 🌵🎡, Rob e, mee, fou, ann u, e, Lew, tim e Organizations: Service, Billboard, Los Angeles Times, Coachella Music, Arts Festival, Getty, NFL, Coachella, AP, Valley Music, Arts, spo Locations: Indio , California, Thermal , California, Coachella, Singapore, fes, Fes

In 2021, college athletes in the NCAA gained the opportunity to benefit financially from their name, image and likeness — known as NIL regulations. The NIL era has allowed college athletes to save for the future and seek professional financial advice in a way many 18- to 22-year-olds can't. NCAA athletes hire agents and financial advisors to help them negotiate NIL deals, ushering in new financial responsibilities. Copeland is the CEO of Athletes.org, an organization that focuses on helping college athletes navigate this new world. Morgan Stanley's head of Global Sports and Entertainment, Sandra Richards, and her team work with several NCAA athletes.

Persons: Caitlin Clark, Matthew Holst, Olivia Dunne, Chase Griffin, Griffin, Jayne Kamin, I've, He'll, Brandon Copeland, Copeland, Morgan Stanley's, Sandra Richards, Richards Organizations: Iowa Hawkeyes, Ohio State Buckeyes, Carver, Getty, NCAA, Louisiana State University, University of Iowa, UCLA, UCLA Bruins, Arizona Wildcats, Rose, CNBC, NFL, CNBC Global Financial Wellness, Global Sports, Entertainment Locations: Iowa City , Iowa, Pasadena , California

☆ In Martha Diamond’s Art, She Took Manhattan
▼ + stars: | 2024-04-11 | by ( Jonathan Griffin | ) www.nytimes.com time to read: 1 min

Martha Diamond, who died in December, at age 79, was remarkably consistent in her subject matter — namely New York architecture — but extraordinarily wide-ranging with what a painting of a building could signify. In some of the works displayed in her first show at the David Kordansky Gallery, “Martha Diamond: Skin of the City,” it seems as if her only concern was for color; in others, abstract form takes over. In a painting such as “New York With Purple No. 3” (2000), the tall buildings appear to evaporate into the busy sky, architectural solidity succumbing to shimmering atmosphere and dappled, springtime light. Diamond’s paintings may have been of New York, her muse since she settled into a loft on the Bowery in 1969, but they are about so much more besides.

Persons: Martha Diamond, David Kordansky, “ Martha Diamond Organizations: City Locations: New York, ”, York

☆ Where is 'All That' star Angelique Bates now? Everything to know about the former Nickelodeon star
▼ + stars: | 2024-04-11 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

Bates, the first Black female cast member of "All That," was a series regular during the first two seasons of the sketch comedy show. Even though it's been years since she worked at Nickelodeon, she still speaks out about her experience at the network. My name is Angelique Bates and I am an adult survivor of child abuse and this is my story." In an Instagram post shared days after the premiere of "Quiet on Set," Bates explained why she was a no-show. JOCE/Bauer-Griffin/GC ImagesEven though Bates didn't appear in "Quiet on Set," she's participated in some recent interviews.

Persons: —, Angelique Bates, Bates, it's, she's, Rodin Eckenroth, Kate Taylor, Dan Schneider, Schneider, Dan's, Giovonnie Samuels, Bryan Hearne, didn't, Hollywood Angelique Bates, Bauer, Griffin, Bates didn't Organizations: Service, Nickelodeon, Kids, Business, Child Protection, CPS, SAG, Warner Bros . Studios, JOCE, The Locations: Hollywood, Burbank , California

☆ Mister Cee, ‘legendary’ New York City disc jockey, dead at 57
▼ + stars: | 2024-04-11 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

“As a family at HOT 97 and WBLS, we’re deeply saddened by the passing of our beloved Mister Cee,” reads the statement posted on Hot 97’s site. LeBrun’s childhood friend Kevin “DJ 50 Grand” Griffin helped rapper Christopher Wallace record his demo, which launched him into infamy as The Notorious B.I.G., aka Biggie Smalls. “The first time I met him was when his DJ 50 Grand, rest in peace, [DJ 50 Grand died in 2022] brought Big to my house. The plan was we were going to redo the basement demo that he and 50 Grand put together,” LeBraun told Rock the Bells last year. (Death of Auto-Tune)” by saying, “I made this just for Flex and Mister Cee.”

Persons: Mister Cee, Big Daddy Kane, we’re, ”, Cee, Calvin LeBrun, Kane, Kevin “, ” Griffin, Christopher Wallace, Biggie Smalls, “, ” LeBraun, don’t, Wallace, ” LeBrun, Jay, Funkmaster Organizations: CNN, DJ Locations: New, Bedford, Stuyvesant, Brooklyn , New York, New York City

☆ It took an Austin developer 4 years to build 4 small homes that he made no money on as the city struggles to bridge the gap between tiny apartments and pricy houses
▼ + stars: | 2024-04-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +11 min

AdvertisementFor decades, the city's restrictive zoning and land-use policies have made missing-middle housing almost impossible to build. But there aren't many options, particularly for homeownership, between mostly high-end apartments and prohibitively expensive single-family homes. But he's concerned the law won't do enough to shorten the permitting process for missing-middle housing construction. The HOME Act will encourage the construction of smaller single-family homes and promote density, making housing — particularly homeownership — more affordable. Turner just wants the city to "level the playing field" for developers who are willing to build missing-middle housing.

Persons: —, Scott Turner, Turner, Austin's, Austin, Eliza Relman, that's, he's, Brennan Griffin, Joe Sohm, Brandon Bell, Greg Anderson, Anderson, there's, It's, Nicole Nabulsi Nosek, I've, townhomes Organizations: Service, Business, Riverside Homes, Austin, Austin Business, Texas, HOME, Austin Habitat, Humanity, Texans, Reasonable, Democrats Locations: Austin, Austin , Texas, Texas, Manor, Georgetown, City Hall

☆ Swelling US debt could tip US markets into crisis as soon as next year, Wharton professor says
▼ + stars: | 2024-04-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Market chaos could come next year if the US doesn't adjust its fiscal path, Joao Gomes told CNBC. The US can't afford to extend tax cuts next year, he said. If it doesn't adjust its fiscal trajectory soon, 2025 could be the year when markets start to roil, Wharton professor Joao Gomes warned. "That's something that could definitely happen to us next year," Gomes told CNBC on Thursday. "I think we'll have a serious debate next year about the tax cuts and whether to extend them or not," he said.

Persons: Joao Gomes, Wharton, —, It's, Gomes, Maya MacGuineas, Gomes isn't, Jamie Dimon, Ken Griffin Organizations: CNBC, US, Service, Bank of America, Penn Wharton Budget Model, Trump Administration, White House, Federal, Wall Locations: roil

☆ Look of the Week: Billie Piper and the enduring glamour of the headscarf
▼ + stars: | 2024-04-04 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

Editor’s Note: Featuring the good, the bad and the ugly, ‘Look of the Week’ is a regular series dedicated to unpacking the most talked about outfit of the last seven days. CNN —If it wasn’t for the fact she was signing autographs outside the CBS studio in New York, many would have thought Billie Piper was attempting to go unnoticed. Wrapped, folded or tied under the chin; the headscarf is perhaps one of the most diverse — and historic — accessories in fashion’s arsenal. The same day, Julia Fox was spotted in another headscarf — styled with her Velveeta cheese curls and chunky boots. Sewn under the chin with the corners laid flat like a collar, each was etched with a different hairstyle.

Persons: Billie Piper, Piper, Julia Fox, Bauer, Griffin, Hermès, Olivia Palermo —, Queen Elizabeth II, Jackie Onassis, Grace Kelly, Princess, Monaco —, Hubert de Givenchy, Piper —, ”, Prince Andrew —, Giles Hattersley Organizations: CNN, CBS, Sloane, Givenchy, Copenhagen Fashion, Netflix, Vogue Locations: New York, Hollywood, West, Dua Lipa, Paris, Copenhagen, London

☆ Wall Street is getting nervous about Tesla
▼ + stars: | 2024-04-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why Wall Street is getting nervous about Tesla . South China Morning PostEarnings season is approaching, and Wall Street's already ringing the alarm on a high-profile company. AdvertisementTesla won't report its full earnings until later this month, but Wall Street is preparing for trouble. One analyst called it a "nightmare" quarter for the company, while another firm labeled Tesla "a growth company with no growth." One strategy is getting more Tesla drivers subscribed to its Full Self-Driving software, which can run $199 monthly.

Persons: —, Wall, Insider's Beatrice Nolan, Tesla, It's, that's, Elon Musk, ANDERSEN, Alyssa Powell, Donald Trump's, Ken Griffin's, Claire Merchlinsky, MoviePass, Ted Farnsworth, Manoj Bhargava, Putin, Elvira Nabiullina's, Forbes, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Tesla, China, Bloomberg, Nvidia, Meta, Microsoft, Apple, Getty, BI Trump Media, SEC, Citadel, BI, Street Journal, Authentic Brands, Energy, Bank of Russia, The Locations: China, Russia's, Connecticut , Delaware , New York, Rhode Island, Wisconsin, New York, London

☆ Read Ken Griffin's letter to Citadel investors. He gives his 2024 outlook and talks about building a 'formidable team.'
▼ + stars: | 2024-04-01 | by ( Hayley Cuccinello | Bradley Saacks | ) www.businessinsider.com time to read: +9 min

Griffin noted that 2023 was a difficult year for the hedge fund industry and expected the medium-term to "remain challenging." Citadel and Griffin's market maker, Citadel Securities, received over 100,000 applications for full-time jobs and internships this year, Griffin said. "We take pride in having built one of the most formidable teams in hedge fund history," he said. The remarkable achievements of our portfolio managers are a testament to the constructive and empowering culture at Citadel. Assembling the Premier Team in Hedge Fund HistoryWe take pride in having built one of the most formidable teams in hedge fund history.

Persons: Griffin, Kenneth C Organizations: Business, Disney World, Citadel, Citadel Securities, Citadel Wellington LLC, Team, Congressional, U.S, LCH Investments Locations: United States

☆ The most expensive fashion pieces Taylor Swift has worn this year
▼ + stars: | 2024-04-01 | by ( Amanda Krause | ) www.businessinsider.com time to read: 1 min

In January, Taylor Swift wore more than $108,000 worth of diamond earrings on the Golden Globes red carpet. Taylor Swift wears De Beers diamonds at the 2024 Golden Globe Awards. Axelle/Bauer-Griffin/Getty ImagesSwift wore three earrings on each ear, including a $68,500 pair of De Beers Arpeggia three-line danglers inspired by Beethoven's "Moonlight Sonata." She also sported a $34,900 pair of the brand's Arpeggia one-line earrings, a $2,000 cuff in the style Dewdrop, and one stud in a classic round shape that ranges in price, starting at $3,350. Together, her diamond earrings cost at least $108,750.

Persons: Taylor Swift, Bauer, Griffin, Swift, De Beers, Beethoven's Organizations: Globes

☆ Trump accused of 'inciting violence' after sharing video with image depicting Biden tied up in the back of a pickup truck
▼ + stars: | 2024-03-30 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

Donald Trump shared an image of Joe Biden hog-tied on the tailgate of a passing pickup truck. The Republican presidential nominee was accused of inciting violence against President Joe Biden. AdvertisementRepublican presidential nominee Donald Trump faced criticism Friday for posting a video on his social media that showed President Joe Biden hog-tied on the tailgate of a passing pickup truck. Trump just posted a video of a pickup truck on Truth Social that has a giant image of President Biden bound with rope and laying, apparently kidnapped. Related stories"Democrats and crazed lunatics have not only called for despicable violence against President Trump and his family, they are actually weaponizing the justice system against him."

Persons: Donald Trump, Joe Biden, —, Jonathan Diller, Trump, Biden, MAGA, WFiXIFWU7R, Brian Tyler Cohen, Michael Tyler, Tyler, Steven Cheung, lunatics, President Trump, Mr Trump's, Kathy Griffin's, Kathy Griffin’s, Kathy Griffin, lene W hite, ake Organizations: Republican, Service, Trump, NBC, Capitol Police Locations: Long Island , New York, Huntington , Long, Huntington Long

Yet the idea of building rosters of paid political contributors took off with cable news. MSNBC, CNN and Fox News Channel are, in large part, political talk channels and seek experts to help fill the time. Being on call to opine can be lucrative work; several reports had NBC agreeing to pay McDaniel $300,000 a year. Even NBC News, whose MSNBC cable outlet appeals to liberals, has more than a dozen Republican contributors. John Kasich and Bulwark founder Charlie Sykes — either predate Trump in their active political work or oppose him, or both.

Persons: —, Ronna McDaniel, Donald Trump, McDaniel, Chuck Todd, Rachel Maddow, Cesar Conde, ”, Mark Whitaker, Shana Alexander, James Kilpatrick's, George Stephanopoulos, Tim Russert, Michael Steele, John Kasich, Charlie Sykes —, MAGA, Reince Priebus, Mick Mulvaney, Mulvaney, Priebus, Tom Bossert, Alyssa Farah Griffin, Trump, David Urban, Mark Esper, Griffin, Mike Pompeo, Alex Conant, Mark Lukasiewicz, ” Lukasiewicz, “, Jay Rosen, NBC's Conde, McDaniel didn't, Joe ”, Mika Brzezinski, That's, ” Conant, Brian Roberts, Conde, Rebecca Blumenstein, Rashida Jones, Carrie Budoff Brown, Jones, Margaret Sullivan, ___ David Bauder Organizations: NBC News, Republican National Committee, GOP, Republican, NBC Universal, MSNBC, CNN, Fox News, NBC, RNC, Ohio Gov, Trump, CBS, ABC News, Trump Homeland Security, Networks, Hofstra, “ Journalists, New York University, ” Networks, Republicans, Comcast, Washington Post, Center for Journalism, Columbia University, Guardian, Associated Press Locations: Washington, MSDNC

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