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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis House and Congress in general have been really unproductive, says PIMCO's Libby CantrillLibby Cantrill, PIMCO head of U.S. public policy, joins 'Squawk Box' to discuss the $1.2 trillion funding bill to avert a government shutdown, prospect for more legislation getting passed before the election, gridlock in Washington, and more.
Persons: PIMCO's Libby Cantrill Libby Cantrill Locations: gridlock, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPresident Biden's economic agenda could face headwinds if reelected: PIMCO's Libby CantrillLibby Cantrill, PIMCO head to U.S. public policy, joins 'The Exchange' to discuss President Biden's economic agenda following the State of the Union, the odds of a Democrat majority Congress and Senate if President Biden wins reelection, and more.
Persons: PIMCO's Libby Cantrill Libby Cantrill, Biden Organizations: Union, Democrat
Where Electric Vehicles Are (and Aren’t) Taking Off Across the U.S.Last year, Americans bought more than one million fully electric cars, trucks and SUVs, a record and a milestone for the country’s transition away from gas-powered vehicles. To fight climate change, the Biden administration and many state governments want to accelerate the transition to electric vehicles. experience from pretty easy and kind of hard,” said Ken Kurani, a researcher focused on electric vehicles at the University of California, Davis. Only two electric vehicles in the analysis, both made by Tesla, cost the same or less than similar gas models. But for now, “there are some very real ways in which, in comparison to conventional vehicles, electric vehicles either really are still struggling to be as good or better, or are struggling against the imagination that they’re not as good or better,” he said.
Persons: Tom Libby, Mr, Libby, , , Biden, Ken Kurani, Kurani, Brittany Greeson, Philip Cheung, We’re, Tesla, “ We’re, Jessica Caldwell, Kelley, Davis Organizations: P Global Mobility, P, Pew Research Center, University of California, The New York Times, BMW, Ford, Hyundai, General Motors Locations: Florida, Texas, West Coast, California, San Francisco Bay, Los Angeles, Detroit, Bismarck, N.D, United States, Davis, Chicago, Norway, Edmunds, U.C
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed will be data oriented even during a presidential election year, says PIMCO's Libby CantrillLibby Cantrill, PIMCO head to U.S. public policy, joins 'Squawk Box' to discuss the history of the Federal Reserve's policy actions during a presidential election year, the state of the 2024 race, and more.
Persons: PIMCO's Libby Cantrill Libby Cantrill
CNN —There’s a funny, interesting and very sad new series on CNN featuring Jake Tapper. If you are encountering them for the first time, it will be an education in what Tapper calls his “Jar Jar Binks” theory. TAPPER: The scandals involving Trump are so vast and complex and ongoing. You revisit sex scandals, corruptions scandals and a spy scandal. TAPPER: I have a theory called the “Jar Jar Binks” theory, which is that every great person rises to a level where they can remove from their circle anyone telling them when they’re making a mistake.
Persons: CNN —, Jake Tapper, Rod, Carolina Sen, John Edwards, Tapper, Donald Trump, I’ve, they’d, , Hunter Biden, Matt Gaetz, George Santos, TAPPER, Trump, Valerie Plame, Blagojevich, Scooter Libby, Libby, Trump –, Roger Stone, Mike Flynn, it’s Organizations: CNN, , Trump, Illinois Gov, New, South, Senate, Democrats Locations: “ United States, Carolina, New Jersey, South Carolina, Northeast
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe South Carolina primary will be 'make it or break it' for Nikki Haley, says PIMCO's Libby CantrillLibby Cantrill, PIMCO head of U.S. public policy, and CNBC's Brian Schwartz join 'Power Lunch' to discuss the presidential nomination campaigns and GOP funding.
Persons: Nikki Haley, PIMCO's Libby Cantrill Libby Cantrill, Brian Schwartz Locations: Carolina
Niecy Nash-Betts told Business Insider she turned down a role in the 2017 comedy "Girls Trip." "I don't regret turning anything down, I don't think," Nash-Betts told Business Insider's Libby Torres for the latest installment of our "Role Play" interview series. "But I did turn down, what was the one with all the girls that went to New Orleans? "I turned down 'Girls Trip,' and they ended up booking Tiffany Haddish and her career completely took off," she said. NetflixDespite turning down a part in "Girls Trip," Nash-Betts' career has been thriving.
Persons: Niecy Nash, Betts, Dina, Tiffany Haddish, Nash, , Libby Torres, Regina Hall, Queen Latifah, Jada Pinkett Smith, Dahmer, Jeffrey Dahmer, Guy, Raineesha Williams, Glenda Cleveland, Ryan Murphy's, Marion Wilkerson, Ava Duvernay's Organizations: Service, Regina, Netflix Locations: New Orleans, Louisiana, Hollywood, America
Niecy Nash-Betts told Business Insider she enjoys working with her three kids and would do it again. The actor said that her children typically audition, and she wants them to earn their roles. AdvertisementNiecy Nash-Betts' three children may occasionally work with their Emmy-winning mom, but she doesn't hand them the jobs. And they go up against other people," Nash-Betts told Business Insider's Libby Torres for the latest installment of our "Role Play" interview series . If they don't, that's fine," Nash-Betts told BI.
Persons: Niecy Nash, Betts, , Nash, Libby Torres, who's, Jessica Betts, Dominic, Donielle, Don Nash, Dia, Sandra Smith, Dahmer, Jeffrey Dahmer, Ryan Murphy's, Dia Nash, Scott Everett White, I've Organizations: Service, ABC, Getty Locations: Dia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShort-term funding bill allows markets to 'ignore' Congress for another six weeks: PIMCO's CantrillLibby Cantrill, PIMCO head of U.S. public policy, joins 'Squawk Box' to discuss latest news out of Washington DC, state of Ukraine aid, border security, impact on the markets, and more.
Persons: PIMCO's, Libby Cantrill Organizations: Washington DC Locations: Washington, Ukraine
It's called "loud budgeting." He wasn't explicit about his definition of "loud budgeting," but suggested it involved being vocal with your friends about choosing to live frugally. Battle said on TikTok that loud budgeting was the opposite of "quiet luxury," which blew up in 2023 after also being popular during the Great Recession. AdvertisementBattle said in one of his TikToks that he thought "loud budgeting" was "more chic" and impressive than "quiet luxury," later adding that while quiet luxury is about "idolizing celebrities," who are often associated with the trend, "loud budgeting is about the everyday person." Now, it seems "loud budgeting" may go a step further, redefining success and coolness to mean saving your money, rather than spending it.
Persons: , It's, Lukas Battle, I've, one's frugality, Libby Brooks, Yuval Shuminer, isn't Organizations: Service, Business, BI Locations: TikTok
For this challenge that involves reducing spending, White suggested sticking to realistic rules. Advertisement"I think that's a perfect example of some instance where convenience totally could have taken over in a regular month where I might not be so attentive to these rules," Brooks said. The rules should not be unreasonableThe rules White made for January were realistic for her life, she said. Her rules include eating out once a week, one beverage from Sonic a week, and "absolutely no spending money on any clothes because that's my biggest overconsumption area." "I think it's going to completely change the way I spend money."
Persons: Libby Brooks, Ashlee White, White, Brooks, , she's, I've, didn't, it's, It's Organizations: Service Locations: TikTok, Brooks
Banana Republic and J. Crew are brands from a bygone era when safari cargo dresses and jewel-adorned oxfords were smart, chic office wear. Gap Inc. , which owns Banana Republic, has struggled to revive its appeal over the years. Banana Republic's third-quarter sales of $460 million were down 11% year-over-year, and its same-store sales were down 8%. For Banana Republic, that means improving clothing quality and elevating its aesthetic to become a quiet luxury brand .
Persons: , Richard Dickson, Jenna Lyons, Libby Wadle, I'm Organizations: Service, Inc, Banana Republic, New York Times, Times
CNN —A nationally recognized online disinformation researcher has accused Harvard University of shutting the project she led to protect its relationship with mega-donor and Facebook founder Mark Zuckerberg. The allegations, made by Dr. Joan Donovan, raise questions about the influence the tech giant might have over seemingly independent research. Beginning in 2018, Dr. Donovan worked for the Shorenstein Center at Harvard University’s John F. Kennedy School of Government, and ran its Technology and Social Change Research Project, where she led studies of media manipulation campaigns. But last year Harvard informed Dr. Donovan it was shutting the project down, Donovan claims. The Chan Zuckerberg Initiative is the philanthropy run by Zuckerberg and his wife, Priscilla Chan, who both attended Harvard.
Persons: Mark Zuckerberg, Joan Donovan, Donovan, Harvard University’s John F, Dr, Miguel Cardona, Chan, Chan Zuckerberg, Zuckerberg, Priscilla Chan, ” Libby Liu, Frances Haugen, “ We’ve, ” Liu Organizations: CNN, Harvard University, Meta, Shorenstein, Harvard University’s, Kennedy School of Government, Technology, Research, Harvard, US Education, University, Initiative, The Washington Post, Post, Big Energy, Big Pharma
A Washington Post reviews detailed how a range of figures are boosting Trump's White House bid. Trump received a torrent of criticism while in office for his pardons of high-profile associates. Roughly 60% of Trump's clemency orders were pardons, according to Pew Research. Advertisement"The power to pardon is a beautiful thing," Trump said in 2018 while he still sat in the White House. Kerik, D'Souza, and Bannon all received presidential pardons, while Stone had his sentence commuted by Trump.
Persons: Trump, , Donald Trump, Maricopa County Sheriff Joe Arpaio, Lewis, Scooter, Libby, Bernard Kerik, commutations, Joe Biden, Biden, Arpaio, He's, Matt York, Charles Kushner, Jared Kushner, Dinesh D'Souza, Steve Bannon, Roger Stone, Kerik, D'Souza, Bannon, Stone, Steven Cheung Organizations: Washington Post, White, Service, White House, Maricopa County Sheriff, GOP, Republican, AP, Pew Research, Trump, Trump White House Locations: Maricopa County, Fountain Hills , Arizona, Arizona, commutations
Banana Republic and J. Crew are brands from a bygone era when safari cargo dresses and jewel-adorned oxfords were smart, chic office wear. Gap Inc. , which owns Banana Republic, has struggled to revive its appeal over the years. Banana Republic's third-quarter sales of $460 million were down 11% year-over-year, and its same-store sales were down 8%. For Banana Republic, that means improving clothing quality and elevating its aesthetic to become a quiet luxury brand .
Persons: , Richard Dickson, Jenna Lyons, Libby Wadle, I'm Organizations: Service, Inc, Banana Republic, New York Times, Times
Helping these countries, which face some of the biggest risks from climate change, access these will be a key aim during the COP28 climate talks underway in Dubai. Ambitions for results at COP28 got off to a good start on the opening day on Thursday when countries approved plans for the climate disaster fund, after months of negotiations. About 60% of low-income countries are either in or at high risk of debt distress, the CDP said. The Central Asia Regional Economic Cooperation Program, for example, aims to agree a disaster relief bond issuance and a regional risk transfer facility, the ADB's Principal Disaster Risk Insurance and Finance Specialist, Thomas Kessler, told Reuters. "We are ready to scale up climate protection through early warning systems, anticipatory cash, climate insurance and community-based resilience projects," said Gernot Laganda, director of Climate and Disaster Risk Reduction at the United Nations World Food Programme.
Persons: COP28, Ekhosuehi Iyahen, IDF's Iyahen, Michèle Plichta, Lydia Poole, Odile Renaud, Basso, Thomas Kessler, Otis, Gernot Laganda, Alessandro Parodi, Simon Jessop, Libby George, Karin Strohecker, Susan Fenton Organizations: Insurance, Forum, PAF, Disaster, European Bank for Reconstruction, Global, Swiss, Central Asia Regional Economic Cooperation, Finance, Reuters, UN, University of Cambridge's Institute for Sustainability Leadership, United Nations, Food, Thomson Locations: GDANSK, LONDON, Dubai, London, Mexico
OMFIF outlined a dark mood among the funds, with more than half expecting a global economic recession in the next 12 months. None reported a positive outlook for China's economy, citing the regulatory environment and geopolitics among primary factors dissuading them from investing. "(Investors) are now focused on how to deal with a macroeconomic environment that is stuck in a higher-for-longer interest rate cycle," the report said. Overall, sovereign funds fared better than their public pension peers, OMFIF added. The UAE's Abu Dhabi Investment Authority and Saudi Public Investment Corporation grew by 13.8% and 12.9% respectively, gaining over $200 billion between them.
Persons: David Morley, OMFIF, Libby George, Sharon Singleton Organizations: Investors, Official Monetary, Financial, OMFIF, Caisse, outsized, Abu Dhabi Investment Authority, Saudi Public Investment Corporation, Thomson Locations: China, India, Middle East, Abu Dhabi
The 29 Best Holiday Gifts to Shop This Black Friday
  + stars: | 2023-11-24 | by ( Buy Side Staff | ) www.wsj.com   time to read: +15 min
To help you shop for nice prices, we limited our list to our favorites that are on sale now for Black Friday. One thing I have my eye on is this Nyx Butter Gloss Holiday Gifts Set with 14 full-size lip glosses in a variety of colors. She loves color, but she also has a goth streak, so I wasn’t surprised she asked for black nail polish. It would make a great gift for a college student, new grad or really anyone who could use a travel gear upgrade. It’s a great set to update your kitchen or give as a gift this holiday season.” —Emily Welsh, VP and general manager
Persons: We’ve, I’ll, Harry Potter, ” — Aly J, Barbie Dreamhouse, I’d, Barbie, Don’t, Emily Welsh, , Emily Schwartzberg, Matte Black, Matte White, Madeline Diamond, Tween, Olive, Jessica Woodbury, cocotte, Staub, Astrid Stawiarz, Nick Guy, ” — Ian Salisbury, Cashmere, I’ve, PJs, ” — Emily Welsh, Charming, Mario, , Cozy, it’s, Susan “, Susan, Anaya, There’s, ” — Leslie Yazel, we’ll, Philip Asquith, It’s, ” — Bellamy Richardson, I’m, Buddy, nutcrackers, Luxe, Augustinus Bader, Rich Cream, ” — Irma Sahinovic, they’re, Brittany Nguyen Organizations: Side, Black, Yale, Bluetooth, Apple, Mario Kart, PlayStation, Target, Saks, Olive Oil, Amazon, Chic Locations: Ulta, Pima, Los Angeles, Olive, Ojai , Calif, Europe, The
The IMF approved a tweaked deal, but official creditors again rejected it, Zambia said. The country's External Bondholder Steering Committee said it was deeply concerned with recent developments and that its latest offer would provide more debt relief than official creditors on a net present value basis, as well as a principal haircut when official creditors were offering none. The Common Framework has been severely criticised, as it is yet to provide any countries with debt relief. "If the OCC does not row back, sovereign debt restructuring would have taken a huge step backwards," said a second source familiar with the situation. Ghana, which is also undergoing Common Framework debt treatment, saw its international bonds slump up to 1.4 cents on the dollar .
Persons: Yuri Gripas, Rachel Savage, Karin Strohecker, Bhargav Acharya, Marc Jones, Libby George, Alexander Winning, William Maclean, Bernadette Baum Organizations: Monetary Fund, REUTERS, International Monetary Fund, IMF, OCC, Government, Paris Club, Thomson Locations: Washington , U.S, Zambia Zambia, Ghana, Sri Lanka, JOHANNESBURG, Zambia, China, Base, France, India, London
Most events have taken place under an Israeli or Palestinian flag, focusing on one people’s pain, struggle or victimhood. In dozens of talks up and down the East Coast, the two activists have described a desperate need for new Israeli and Palestinian leadership, including leaders willing to work together. Libby Lenkinski, a vice president at the New Israel Fund, an organization that funds and supports Israeli and Palestinian human rights groups, has had a front-row seat as a moderator. “This isn’t, ‘Kumbaya, let’s all hold hands and love each other,’” Ms. Lenkinski said. Our futures are intertwined and the only way that we can keep ourselves alive is by keeping each other alive.’”
Persons: Cara Raich, , Green, Abed, Libby Lenkinski, audibly, , , Lenkinski, , ‘ There’s Organizations: New Israel Fund Locations: New York, East Coast, Gaza, Israel
Iraq becomes EBRD shareholder, Senegal and Ghana apply to join
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +1 min
People walk past the new headquarters of the European Bank for Reconstruction and Development (EBRD) in Canary Wharf, London, Britain, September 14, 2023. REUTERS/Alishia Abodunde/File photo Acquire Licensing RightsLONDON, Nov 16 (Reuters) - Iraq has become the 74th member of the European Bank for Reconstruction and Development, the multilateral lender said on Thursday, while Ghana and Senegal have also applied to join. Iraq first submitted its request to join the bank in 2018, and its shareholder status enables it to apply to become a recipient economy, which would unlock EBRD finance and policy support. "When the time comes, we are looking forward to starting work in Iraq, applying our expertise to developing its economy," EBRD President Odile Renaud-Basso said in a statement. Renaud-Basso told Reuters that Senegal and Ghana had submitted applications to join the bank in the latest sign of its push into sub-Saharan Africa.
Persons: Alishia, Odile Renaud, Basso, Renaud, Libby George, Marc Jones, Christina Fincher Organizations: European Bank for Reconstruction, REUTERS, Reuters, Ukraine, Thomson Locations: Canary Wharf, London, Britain, Iraq, Ghana, Senegal, Saharan Africa, Benin, Ivory Coast, Europe, East, North Africa, Asia
American workers say they are going to therapy to talk about their toxic bosses, a new poll found. Researchers defined a "toxic boss" as one who exhibits behaviors like micromanagement, credit-stealing, setting unreasonable expectations, unprofessionalism, and unapproachability. Thirty-four percent of those with toxic bosses reported engaging in coping mechanisms like drinking and overeating. Despite the toll toxic bosses can take on workers' lives, the majority of workers with toxic bosses say they tolerate them for financial reasons, including salary, benefits, and the fear of leaving in an uncertain economic climate. Nearly half of workers reported feeling stressed and one third said they were lonely in a Deloitte workplace study published in June.
Persons: , Libby Rodney, Rodney Organizations: Workers, Service, Harris, Deloitte, American Psychological Association
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt is unlikely we will see a government shutdown come Friday, says PIMCO’s Libby CantrillLibby Cantrill, PIMCO head of public policy, joins ‘Squawk on the Street’ to discuss House Speaker Mike Johnson's effort to avert government shutdown and more.
Persons: PIMCO’s Libby Cantrill Libby Cantrill, Squawk, Mike Johnson's
LONDON, Nov 12 (Reuters) - Foreign investors pulled a record amount of money from U.S. equity funds tracking Saudi Arabia in October as the Middle East's worst violence in decades shook the region's business-friendly narrative. The iShares MSCI Saudi Arabia ETF saw record net outflows in October of more than $200 million, LSEG data shows, cutting 20% from what it held at the beginning of the month. "Capital flight can be quite indiscriminate," said Torbjorn Soltvedt, principal analyst for the Middle East and North Africa with Verisk Maplecroft. The iShares MSCI Qatar ETF (QAT.O) lost $7.7 million in funds in October, while the iShares MSCI UAE ETF (UAE.O) suffered outflows of $2.75 million. Nearly all the region's main economies are strong enough to weather some turmoil, investors say.
Persons: Torbjorn Soltvedt, Verisk, Natalia Gurushina, Israel, Gurushina, Bonds, Sergey Dergachev, Maplecroft, Dergachev, Libby George, Alexander Smith Organizations: Saudi Arabia ETF, . Exchange, Exchange, ARK Israel Innovative Technology, BlueStar, BlueStar Israel Technology, Hamas, Union Investment, Saudi Arabia's Public Investment Fund, Thomson Locations: Saudi Arabia, Qatar, UAE, Israel, East, North Africa, BlueStar Israel, outflows, Saudi, London, Bengaluru
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a real risk of a low turnout election if it's Biden vs. Trump, says PIMCO's Libby CantrillLibby Cantrill, PIMCO head of U.S. public policy, joins 'Squawk Box' to discuss the state of the 2024 race, why she believes many are discounting the risk of a government shutdown in the coming months, and more.
Persons: it's Biden, Trump, PIMCO's Libby Cantrill Libby Cantrill
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