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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDoubt we'll see more than two 25bps rate cuts this year, says Bill LeeWilliam Lee, Chief Economist at the Milken Institute, gives his expectations for the upcoming Federal Reserve meeting.
Persons: Bill Lee William Lee Organizations: Milken Institute, Reserve
JPMorgan's calls for a "reality check" on the world's energy transition goals and pathway is a "sensible," the UAE's energy minister told CNBC. "We need always, whenever we put up predictions, especially long term ones, to have a reality check," Suhail Al Mazrouei told CNBC's Dan Murphy in Riyadh, Saudi Arabia on the sidelines of the World Economic Forum. In a recent note to client, JPMorgan warned that the world needed a "reality check" on its efforts to move from fossil fuels to renewables, pointing out that it could take "generations" to reach net-zero targets. "I think it's a very sensible article," said Al Mazrouei. The minister, however, highlighted that the circumstances and financial capabilities of each country on undertaking the energy transition goals will vary.
Persons: Al Mazrouei, CNBC's Dan Murphy Organizations: CNBC, Economic, JPMorgan Locations: Riyadh, Saudi Arabia, Ukraine
Anne Hathaway reveals she’s now five years sober
  + stars: | 2024-04-29 | by ( Marianne Garvey | ) edition.cnn.com   time to read: +1 min
CNN —Anne Hathaway first shared she lost interest in drinking after a bad hangover in 2018. Hathaway first shared her decision to skip alcohol during an appearance on the “Ellen DeGeneres Show,” explaining at the time she wanted to be fully available and present to her young son. In a new interview with The New York Times, Hathaway reflected on her health and being in her forties. I don’t normally talk about it, but I am over five years sober,” she told The New York Times in a recent interview. Anne Hathaway as 'Solène' and Nicholas Galitzine in "The Idea of You."
Persons: Anne Hathaway, She’s, Hathaway, Ellen DeGeneres, , , ” Hathaway, Solène, Nicholas Galitzine, Alisha Wetherill, Michael Showalter Organizations: CNN, The New York Times, New York Times
Donald Trump posted on Truth Social Friday about Robert F. Kennedy Jr.Trump called the third-party candidate a "Democrat 'Plant'" and "Radical Left Liberal." The diatribe comes as polling shows RFK Jr.'s run could siphon votes away from Trump. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Friday evening, Trump took to Truth Social to attack Robert F. Kennedy Jr., an independent candidate running a long shot presidential campaign. "RFK Jr. is a Democrat 'Plant,' a Radical Left Liberal who's been put in place in order to help Crooked Joe Biden," Trump alleged in his post.
Persons: Donald Trump, Robert F, Kennedy Jr, Trump, , Joe Biden, Radical Left Liberal who's, Crooked Joe Biden Organizations: Democrat, Left Liberal, RFK, Trump, Service, Radical Left Liberal, Business
The town of Abernathy also reported a water system hack, and the towns of Lockney and Hale Center said hackers tried to breach their water infrastructure but did not succeed. Unlike how David was ready to take on Goliath, our most vulnerable critical infrastructure systems – including water infrastructure – are ill-prepared. The water attacks we’ve seen so far have not had serious consequences for the people they serve. According to the EPA, 90% of the nation’s community water systems are small, public systems bringing water to 10,000 or fewer customers. If we really want to help water utilities defend against cyber threats, we have to close the resource gap.
Persons: Robert M, Lee Dragos, David, we’ve, , Iran –, Homeland Security’s Organizations: CNN, Cyber Army, Hale Center, Islamic Revolutionary Guard Corps, FBI, Rehabilitation, Government, Department, Homeland, Infrastructure Security Agency, National Security Agency, Environmental Protection Agency, Department of Homeland, Local Locations: Russia, Texas, Muleshoe, Abernathy, Lockney, Aliquippa , Pennsylvania, United States, China, North Korea, Iran, Department of Homeland Security’s State
CNN —The State Department is divided over whether Israel is using American-provided weapons in accordance with international law ahead of a fast-approaching deadline next week for Secretary of State Antony Blinken to make a determination to Congress. Human rights groups have accused Israel of committing war crimes and abuses during the war in Gaza. The State Department official Sunday did not give further details about which parts of the department are in favor of accepting Israel’s assurances, which are in favor of rejecting them, and which took no position. “We don’t comment on leaked documents, especially those purporting to contain classified information,” State Department spokesperson Matthew Miller said in a statement. While the report does not represent the US government’s own conclusions, Blinken said last week that the State Department was looking at the incidents.
Persons: Antony Blinken, Israel, Joe Biden, Blinken, International Organization Affairs –, Matthew Miller, , Biden, Joe, Benjamin Netanyahu, Netanyahu, , Lloyd Austin, Israel “ meritless, ” CNN’s Michael Conte, Kayla Tausche, MJ Lee Organizations: CNN, The State Department, , Hamas, Reuters, , Human Rights, Labor, Justice, International Organization Affairs, Department, National, Israel, Foreign, Gaza’s Ministry of Health, Progressives, Sunday, Central, State, State Department, Armed Services Locations: Israel, Gaza, Western
Che told me to say that, and I’m just realizing I was set up.” “Shame, shame, shame on you.” “Shame on you!” “Shame, shame, shame, shame.”President Biden didn’t waste time. “The 2024 election’s in full swing and yes, age is an issue,” Mr. Biden said in a roughly 10-minute speech. He ended it by noting that his grandfather, who recently died, had voted for Mr. Biden in the last election. J.B. Pritzker of Illinois held court with guests as Biden campaign officials talked about recent polls showing Mr. Biden cutting into Mr. Trump’s lead. “My vice president actually endorses me,” Mr. Biden said, referring to former Vice President Mike Pence’s decision not to endorse Mr. Trump.
Persons: Biden, Donald J, , Donald, Joe, Michael Che, Che, I’m, , ” Mr, , ” “ Donald, Mr, Stormy Daniels, Trump, , , Washington Hilton, Hazami Barmada, Evan ”, Evan Gershkovich, “ We’re, Paul Whelan, we’re, Evan, Austin Tice, Deborah, Tice, Haiyun Jiang, The New York Times Kelly O’Donnell, Gershkovich, Ms, O’Donnell, Colin Jost, Advance —, Jost, Jost didn’t, mignon, Lester Holt, Jeffrey D, Al Sharpton, John Fetterman, Scarlett Johansson, Jon Hamm, Sean Penn, Chuck Schumer, J.B . Pritzker, Trump’s, Robert E, Lee, Mike Pence’s Organizations: White, ’ Association, Israel, Union, , Washington Hilton, New York Times, The New York Times, Washington, Wall Street, ., Home, U.S, Journalists, Austin, Wall Street Journal, Credit, NBC News, Staten, Advance, Mr, Black, White House, Hollywood, Democratic, Illinois, Biden, Locations: Gaza, New York, York, Russia, Moscow, The U.S, Syria, Pennsylvania, Gettysburg
Ukraine’s DeepState monitoring group, which updates daily changes in frontline positions, shows Russian forces pushing forward in eight different locations along 20-25 kms of frontline in one 24-hour period. Military bloggers on both sides broadly agree that Russian forces have crossed a water course and taken control of the settlements of Semenivka and Berdychi. Heavy fighting continues there, but the situation is under the control of the (Ukrainian) Armed Forces,” he said. Russian forces are also making headway west of Donetsk city, entering the industrial town of Krasnohorivka from the south and the east. “Without (its) manpower advantage, Russia’s artillery and airpower advantage would not be sufficient for Russia to make gains on the battlefield.
Persons: Vladimir Putin’s, Myroshnykov, Stringer, ” DeepState, Muscovites, , Nazar Voloshyn, , DeepState, , Voloshyn, Narciso Contreras, Anatolii Stepanov, Rob Lee, ” Lee Organizations: CNN, Anadolu, Getty, ) Defense Forces, Armed Forces, , Foreign Policy Research Institute Locations: Ukraine, Kharkiv, United States, Avdiivka, Ocheretyne, Donetsk, Semenivka, Soloviove, Keramik, Ukrainian, Karlivka, DeepState, Russian, Kyslivka, Krasnohorivka, , AFP, Moscow, – greenlit, “ Russian, Russia
About 123 car companies sold electric vehicles, an auto consultant told WSJ. AdvertisementCompetition in the electric vehicle sector is only getting stiffer for Tesla in China, but what does that space exactly look like? AdvertisementAs Business Insider's Linette Lopez noted in February, automakers received a huge lift from Beijing as it doled out government subsidies to any car company that would contribute to the country's pivot to electric vehicles. AdvertisementStill, Tesla remains one of the country's top EV sellers, and only a few brands compete with the US-based automaker. The competition, however, comes amid a slowdown in EV sales that's being felt in the US and China.
Persons: , Stephen Dyer, Insider's Linette Lopez, Lopez, Tesla, Dyer, BI's George Glover, BYD Organizations: EV, Service, Tesla, Wall Street, Kiel Institute, The Locations: China, Beijing, Germany,
Madi Lee is a 24-year-old who moved to the tiny town of Medora, North Dakota, after college. The year-round population of Medora is less than 150 but the town explodes with tourists in summer. Medora, North Dakota, has always been one of my favorite places. It's a unique place, located in the North Dakota Badlands at the entrance of Theodore Roosevelt National Park. Madi Lee loves working the Medora Musical in the summer and enjoys the remote nature of North Dakota in the winter.
Persons: Madi Lee, Lee, , Theodore Roosevelt, Teddy Roosevelt, It's, Dickinson, it's, We've Organizations: Service, Dakota Badlands, University of Minnesota, Theodore Roosevelt Foundation Locations: Medora , North Dakota, Medora, , North Dakota, University of Minnesota Duluth, North Dakota, Madi, Northern Minnesota
Washington CNN —President Joe Biden on Saturday night will attend the White House Correspondents’ Dinner, giving the president a stage and primetime slot to needle the media and his rival former President Donald Trump. “I haven’t had a chance to watch the court proceedings because I’ve been campaigning,” Biden told supporters at a campaign reception in New York Thursday, according to pool reports. While Biden has delivered many of these speeches before, the stakes for what could be his last White House Correspondents’ Dinner are high. “He’s the entertainer.”Administration officials said Katzenberg led daily strategy sessions in the White House residence this week to tweak Biden’s comedy set drafted by longtime speechwriter Vinay Reddy. Biden administration officials said they sought to share that concern with Kelly O’Donnell, president of the White House Correspondents’ Association and senior White House correspondent for NBC News, and with Jost’s team in NBC’s entertainment division as well.
Persons: Joe Biden, Donald Trump, Biden, Calvin Coolidge, Trump, , I’ve, ” Biden, he’d, Jeffrey Katzenberg, Katzenberg, punchlines, Vinay Reddy, Mike Donilon, Steve Ricchetti, Anita Dunn, Karine Jean, Pierre, Annie Tomasini, Live’s Colin Jost, Kelly O’Donnell, ” O’Donnell, , “ He’s, , Rob Flaherty, Dan Cluchey, Jon Macks, Jay Leno ”, Seth Meyers, – Biden, Barack Obama, Lil Jon, Gary Busey, ” Obama, Osama bin Laden Organizations: Washington CNN, White, Trump, Biden, Dreamworks, CNN, New York City –, Republican, ’ Association, White House, NBC News, Gridiron Locations: New York, Ukraine, Israel, Gaza, White, New York City, Washington
Bill Lee signed legislation Friday allowing teachers and school staff in the state to be armed in school buildings and campuses, according to the General Assembly’s website. Gun violence is the leading killer of children in the United States. So far, 443 children younger than 18 have been killed in gun violence this year, according to data from the Gun Violence Archive. Thirty-four states bar teachers and the general public from carrying guns in K-12 schools, according to data from Everytown for Gun Safety. Another educator applauded lawmakers for trying to improve safety but said the law won’t do that.
Persons: Bill Lee, ” Lee, , Sen, Raumesh Akbari, , don’t, Chris Cogdill Organizations: CNN, Tennessee Gov, Republican, WSMV, Gun Safety, Democratic, Tennessee Education Association, Jefferson County High School Locations: United States, Tennessee,
Read previewA Facebook cofounder's attacks against Tesla continues, and it comes with one of his boldest allegations against the company to date: Tesla is the next Enron. — Elon Musk (@elonmusk) April 26, 2024Moskovitz had not yet addressed Musk's posts on Friday. On Wednesday, the Facebook cofounder acknowledged the gravity of his comments in his social media post. Moskovitz also has long been skeptical of Elon Musk and his ventures. "I call on Elon Musk to resign," Moskovitz said on Threads last year, adding that he should resign "(from everything)."
Persons: , Tesla, Dustin Moskovitz, Asana, Elon Musk, Musk, Dustin Moskowitz, — Elon, Moskovitz Organizations: Service, Business, Tesla, Enron, Traffic Safety Administration, Securities and Exchange Commission, Bloomberg, Justice Department, SpaceX, Elon
Anne Hathaway Is Done Trying to Please
  + stars: | 2024-04-27 | by ( David Marchese | ) www.nytimes.com   time to read: +1 min
On one level, Anne Hathaway’s new movie, “The Idea of You,” which arrives on Prime Video on May 2 and is directed by Michael Showalter, couldn’t be more straightforward. It’s an adaptation of Robinne Lee’s hit romance novel about Solène, a divorced 40-year-old mom played by Hathaway, who winds up in a relationship with a much younger man — a singer in a boy band, played by Nicholas Galitzine. It’s a movie about a woman pushing against societal expectations and getting a lot of grief for it, which is something Hathaway, 41, knows about. More than a decade ago, around the time she won an Academy Award for her work in “Les Misérables,” the online commentariat turned on Hathaway for … who knows, exactly? Some strange groupthink kicked in that caused people to pile on her for seeming like an inauthentic striver — or something.
Persons: Anne Hathaway’s, Michael Showalter, couldn’t, Robinne, Hathaway, , Nicholas Galitzine, , Wears, “ Les, commentariat, Locations: New Jersey,
Microsoft Copilot and Google Gemini have been advertised as AI-powered productivity tools. But Ethan Mollick, a leading AI expert, has a more cynical view of the products. Copilot automates middle management while Gemini makes surveillance easier, he told WSJ. AdvertisementMicrosoft and Google rolled out their own AI-powered productivity tools last year, touting them as products that could revolutionize how people work. This story is available exclusively to Business Insider subscribers.
Persons: Ethan Mollick, , JP Morgan Organizations: Microsoft, Google, Gemini, Service, University of Pennsylvania's Wharton School of Business, White, Business
Final Trade: SOFI, DELL, JD, MC
  + stars: | 2024-04-26 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trade: SOFI, DELL, JD, MCThe final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.
Persons: DELL, CNBC’s Melissa Lee Organizations: Fast Money
This week’s rapid spread of college campus encampments meant to protest the war has ratcheted up the pressure on the US over its support for Israel. Second gentleman Doug Emhoff spoke by phone with two Jewish leaders on campus, a White House official said, to discuss the immediate need to address antisemitism on college campuses. Despite being just miles from Columbia and the most tense scenes of the protests, Biden will not be making a visit to campus as he holds events in the New York area Friday. The White House must by May 8 certify whether Israel is complying. And while Sanders sought assurances from Biden on how he was approaching the situation, the president remained characteristically diplomatic, Shakir, the Sanders adviser said.
Persons: Joe Biden, Sen, Bernie Sanders, Biden, Sanders, Biden –, , ” Faiz Shakir, Joe, Doug Emhoff, Mike Johnson, Johnson, ” Johnson, ” Biden, Benjamin Netanyahu, Netanyahu, Shakir, , CNN’s Sam Fossum Organizations: York, York City CNN, Democratic, CNN, Israel, Columbia University, White, Republican, Representatives, National Guard, Harvard Kennedy School’s Institute, Politics, Israeli, Hamas, Biden Locations: York City, Virginia, Vermont, Gaza, Israel, Columbia, New York
Watch Friday's full episode of Fast Money — April 26, 2024
  + stars: | 2024-04-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Friday's full episode of Fast Money — April 26, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.
Persons: Melissa Lee
Canceling Life Insurance
  + stars: | 2024-04-26 | by ( Ronda Lee | Alani Asis | Paul Kim | ) www.businessinsider.com   time to read: +11 min
How to cancel your life insurance policyCanceling a term life insurance policyThere are several ways to cancel a term life insurance policy. Alternatives to life insurance cancelationcanceling your life insurance policy isn't ideal if you have dependents who rely on your income for financial support. If you have a whole life insurance policy, look into reduced paid-up life insurance. Life insurance settlementIf you don't have a terminal diagnosis and you want to sell your term life insurance policy, you can apply for a life insurance settlement with a third-party provider instead of canceling your policy. Canceling life insurance FAQsWill I get any money back if I cancel my life insurance policy?
Persons: Lucas Siegel, Siegel, wouldn't, policyholders, you've Organizations: Internal Revenue Service
Microsoft and Alphabet reported quarterly earnings that beat Wall Street's expectations. On Thursday, just off the heels of Meta's mixed first-quarter results that caused a dip on Wall Street, Microsoft and Alphabet just proved that there's money to be made off of artificial intelligence. However, the executive also made sure to highlight the contributions of Google Cloud, which now comes with generative AI services through Google's AI model, Gemini. Investors appeared pleased with Microsoft's and Alphabet's quarterly performance, which gave the companies a stock surge, as Wall Street continues to nurse a hangover from Meta's first-quarter report. "They have a goldmine of AI engineers and data, and now they're starting to monetize it," Ives said of Alphabet and Microsoft.
Persons: Wedbush's Dan Ives, , Meta's, Sundar Pichai, Mercedes, Pichai, Ruth Porat, Satya Nadella's, Nadella, Microsoft's, Dan Ives, Ives Organizations: Microsoft, CNBC, Service, Google, Bayer, Cintas, Mercedes Benz, Walmart
What is Final Expense Life Insurance?
  + stars: | 2024-04-26 | by ( Ronda Lee | Alani Asis | Paul Kim | ) www.businessinsider.com   time to read: +11 min
If you already have life insurance, consider adding funeral or burial insurance, also known as "final expense" insurance. Final expense insurance, also called burial or funeral expense insurance, covers end-of-life expenses like the funeral service, body preparation, cremation, the casket or urn, transportation, etc. Types of final expense policiesBesides term and permanent life insurance, final expense insurance comes in several forms. Final expense life insurance is for those who might be in poor health and can't qualify for traditional life insurance. Final expense life insurance FAQsWho should consider final expense life insurance?
Persons: you'll, It's Organizations: AARP, Consumers Alliance, Colonial Penn, Mutual, Life Insurance, Chevron Locations: Colonial, Omaha, Illinois
CNN —The Atlanta Falcons surprised the NFL world on Thursday, selecting quarterback Michael Penix Jr. with the No. They also expressed their excitement in having someone to help them win right now in the former Minnesota Vikings QB, while also being able to build for the future with Penix Jr. Morris said that Cousins’ reaction when he was informed that the team would be selecting Penix Jr. would remain private. The Falcons are hoping a similar tactic works for them, now that Cousins and Penix Jr. are at the franchise. Penix Jr. performs in the 2024 NFL Combine.
Persons: Michael Penix Jr, Kirk Cousins, Cousins, Penix Jr, Mike McCartney, ” McCartney, Mike Garafolo, , Kirk, Terry Fontenot, Raheem Morris, Morris, Penix, ” Morris, “ It’s, ” Cousins, Mike Stewart, Jordan Love, Aaron Rodgers, Rodgers, grumbled, Love, that’s, Kirby Lee, Kirk’s, Michael, ” Penix, Patrick Mahomes Organizations: CNN, The Atlanta Falcons, NFL, Falcons, Atlanta, Minnesota Vikings QB, Packers, New York Jets, National Football League, USA, Reuters, Washington, FBS Locations: New York, Cousins, Indiana, Washington
Zendaya, Mike Faist, and Josh O'Connor deliver undeniable chemistry and star-making performances. Josh O'Connor as Patrick, Mike Faist as Art, and Zendaya as Tashi in "Challengers." — Matt Zoller Seitz, RogerEbert.com"Zendaya, O'Connor, and Faist play off each other charmingly, particularly in the flashbacks when their characters are younger. Her work here, on the heels of 'Dune: Part Two,' cements her status as a born Movie Star. Both men engage in passionate scenes with Zendaya, making out in intense close-ups and tearing clothes off with palpable want.
Persons: Mike Faist, Josh O'Connor, Patrick, Tashi, Rocco T, Thompson, O'Connor, — Tasha Robinson, Polygon, Matt Zoller Seitz, RogerEbert.com, Zendaya, — David Rooney, Faist, — Maureen Lee Lenker Organizations: MGM, Hollywood, Entertainment
And the initial signs are quite positive here too," Zuckerberg told investors in an earnings call. AdvertisementElon Musk had even stronger words for investors on Tuesday after Tesla reported plunging profits. Even so, Musk insisted during an earnings call that Tesla is an AI company and had a specific message to any shareholder who thinks that Tesla won't develop self-driving someday. On Thursday, Microsoft and Alphabet reported profits, which they ascribed in part to their respective AI sectors. Google's parent company reported $23.7 billion in profits for the same period.
Persons: , Apple, Demis Hassabis, Sam Altman, Mark Zuckerberg, Zuckerberg, we've, Elon Musk, Tesla, Musk, Matthew Prince, Sundar Pichai, Pichai Organizations: Service, Meta, OpenAI's, EV, Economic, Reuters, Nvidia, Microsoft Locations: Davos
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Virtus’ Joe Terranova, Fundstrat’s Tom Lee and Wedbush's Dan IvesVirtus’ Joe Terranova, Fundstrat’s Tom Lee and Wedbush's Dan Ives, join 'Closing Bell' to discuss whether markets have hit a landing, earnings, inflation and the Fed.
Persons: Virtus ’ Joe Terranova, Fundstrat’s Tom Lee, Wedbush's Dan Ives, Joe Terranova Organizations: Virtus ’, Wedbush's Dan Ives Virtus
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