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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the Fed's quest for transparency made markets more volatileMarkets often respond to Fed comments with big price swings, and recent research shows they are particularly reactive to Fed Chair Jerome Powell.
Persons: Jerome Powell
Markets typically respond to Fed comments with price swings in either direction, and recent research shows they are particularly reactive to Powell. And given the Fed's "data-dependent" approach, the baseline can change rapidly as new economic reports are released. "So now we're stuck with a system where there's only one view, there's only one outlook, it's a baseline outlook. And there's really no way to understand the Fed's thinking about where are the risks." Watch the video above to learn more about how the Fed's busy speaking schedule can create market volatility and how it balances transparency with market impact.
Persons: Jerome Powell, Powell, Andrew Levin, , Levin, Ben Bernanke Organizations: Fed, Federal, Center for Economic Policy Research, Dartmouth College, Federal Reserve Locations: Federal, what's
2009: Justin and Hailey met at a fan eventAccording to 234Star.com, Justin and Hailey first met at a fan event (for Justin, not Hailey) in 2009. February 2011: Hailey attended another Bieber Fever eventHailey Baldwin, Justin Bieber, and Steven Baldwin at the 2011 premiere of "Never Say Never." July 2015: Justin and Hailey got matching tattoosA post shared by Justin Bieber (@justinbieber)In the summer of 2015, Justin and Hailey got matching "G" tattoos. May 5, 2018: Hailey attended the Met Gala with Shawn MendesShawn Mendes and Hailey Baldwin at the 2018 Met Gala. October 4, 2019: Hailey starred in Justin's music video for '10,000 Hours'Justin and Hailey Bieber in the "10,000 Hours" music video.
Persons: , Sara Hendricks, Justin, Hailey, 234Star.com, Stephen Baldwin, Hailey Baldwin, Justin Bieber, Steven Baldwin, Richard Corkery, Kendall Jenner, Selena Gomez, Gomez's, Georgia Veach, Chad Veach, Hillsong Church . Georgia, Chad, Julia Veach, Leonardo DiCaprio's, Bieber, Jason Merritt, Frederick M, Brown, I'm, Vogue, Sofia Richie, Justin unfollowed Hailey, Richie didn't, Selena Gomez Justin Bieber, Stuart Franklin, Christopher Polk, Paola Paulin, Abel Tesfaye, Gomez, Tesfaye, Shawn Mendes Shawn Mendes, Neilson Barnard, Staff Hailey, Shawn Mendes, Mendes, Rich Wilkerson Jr, Jeremy Bieber, Steve Baldwin, Kim Basinger, Alaia, Basinger, Hailey's, Alec Baldwin, What's, Hailey flaunted, Bjorn Iooss, Hailey draping, Grant Mobley, Jack Solow, Solow, James Devaney, Vogue's Rob Haskell, Justin serenaded Hailey, Ricky Vigil, — Hailey, Instagram Justin, Elle, wasn't, Hailey Rhode Bieber, Rhode, It's, Instagram Hailey, Lyme, Hailey Bieber, Dan, Shay, livestream, Ellen DeGeneres, Justin's, Ariana Grande, K, Kevin Mazur, GQ, Jeff Kravitz, Judah Smith, Kennya Baldwin, I've, Ebro, Bauer, Griffin, Kylie Jenner, concertgoers, Kim Kardashian, Kris Jenner, DJ Khaled, Jenner Organizations: Service, Business, Daily, Getty, New, New York City, Vogue, Hillsong Church, Hillsong Church ., Lissencephaly, Weekly, Staff, Hamptons, Twitter, they're, Cosmopolitan, Vogue Mexico, Solow, TMZ, Bureau, London Fashion, Adidas, Stratford Perth Museum, YouTube, Children's, Amazon Studios, Amazon Prime, Chelsea, Nation, Apple, Ebro Darden, Bellocqimages Locations: New York, St, Barts, Instagram, Los Angeles, Miami, Domino, Bahamas, Ireland, New York City, Vogue Mexico, Toronto, London, Buckingham, South Carolina, NYC, Brooklyn, lacy
“To be honest it being a par 5, it’s pretty helpful,” he said afterwards, according to the PGA Tour. “(I) always used to watch her, and then ended up falling in love with it myself,” he told reporters before the tournament, per the PGA Tour. And after making the step up to the PGA Tour, Kim now sits in a tie for 36th place, seven shots behind overnight leader Jake Knapp. The American carded a seven-under 64 in his second round to leapfrog Englishman Matt Wallace who sits in a tie for second place with the USA’s Troy Merritt. Meanwhile, three-time major winner Spieth, whose record Kim broke, failed to make the cut as he continued to struggle with a wrist injury.
Persons: Kris Kim, Byron Nelson, Jordan Spieth, , “ I’ve, Kim, Ji, Hyun Suh, , Mike Mulholland, McGregor, Jake Knapp, Matt Wallace, Troy Merritt, Spieth, Knapp, Merritt Organizations: CNN, PGA, LPGA, Boys Locations: McKinney , Texas
Tesla's board urged shareholders in a video to vote for CEO Elon Musk's $47 billion pay package. AdvertisementTesla's board made yet another push to get CEO Elon Musk his $47 billion pay package — this time on-camera. But Musk's billions in extra pay were thrown out after a Tesla shareholder filed a lawsuit arguing the payout was excessive. The shareholder vote to bring back the pay for Musk, Denholm said, will be "incredibly important for the future of the company." Related storiesShe noted that the carmaker grew revenues from $11.8 billion to $96.8 billion and turned a $2.2 billion loss into a $15 billion profit under Musk's leadership.
Persons: Elon Musk's, , Elon Musk, Robyn Denholm, it's, Denholm, Tesla, , , AmfRYo28ah — Sawyer Merritt, Musk, Forbes Organizations: carmaker, Service, Securities and Exchange Commission, Business Locations: Delaware
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAn employee who'd been working at Tesla for about a month learned he'd been laid off on Monday, local news station KVUE reported. This includes quietly removing inventory discounts for its EVs in the US, as Tesla investor Sawyer Merritt noted on X.AdvertisementMusk responded, "We are simplifying and streamlining the whole Tesla sales and delivery system. Musk announced his latest moonshot on X earlier this month and said Tesla would launch a self-driving taxi called "Robotaxi," which it would reveal on August 8. Tesla didn't immediately respond to Business Insider's request for comment made outside of normal working hours.
Persons: , who'd, he'd, Ezekiel Love, Love, Elon Musk, Insider's Grace Kay, Sawyer Merritt, Musk, Dan Ives, Ives, Tesla Organizations: Service, Tesla, EV, Business Locations: Texas
Tesla laid off more than 10% of its workforce, a memo sent by CEO Elon Musk showed. One worker who lost his job a month after joining Tesla told KVUE he couldn't pay his rent. AdvertisementAn employee who'd been working at Tesla for about a month learned he'd been laid off on Monday, local news station KVUE reported. This includes quietly removing inventory discounts for its EVs in the US, as Tesla investor Sawyer Merritt noted on X.AdvertisementMusk responded, "We are simplifying and streamlining the whole Tesla sales and delivery system. Musk announced his latest moonshot on X earlier this month and said Tesla would launch a self-driving taxi called "Robotaxi," which it would reveal on August 8.
Persons: Tesla, Elon Musk, KVUE, , who'd, he'd, Ezekiel Love, Love, Insider's Grace Kay, Sawyer Merritt, Musk, Dan Ives, Ives Organizations: Tesla, Service, EV Locations: Texas
Zendaya revealed to Vogue that she wasn't actually supposed to walk her first Oscars red carpet. AdvertisementZendaya made history on the 2015 Oscars red carpet — but she wasn't technically supposed to be there. I kind of snuck onto the red carpet." Jason Merritt/Getty ImagesZendaya's efforts paid off, with the then 18-year-old actor posing for photographers across the red carpet. Related storiesAs the red carpet was being broadcast on television, E!
Persons: Zendaya, wasn't, Vivienne Westwood, Giuliana Rancic, , she's, Vogue, Jason Merritt, Rancic, Louis Vuitton Organizations: Service, Academy, Getty, Magazine Locations: Hollywood , California
After a 2013 investigation, Schneider started giving notes to actors on "Sam & Cat" from his office, instead of directly interacting with them. As for his relationships with the actors, Schneider said, "I never interacted with actors in any way, texting or otherwise, that should make anyone uncomfortable." March 17 and 18, 2024: ID releases the 4-part docuseries 'Quiet on Set' across 2 nights, detailing the dark side of NickelodeonDrake Bell in episode two of the Investigation Discovery docuseries "Quiet on Set: The Dark Side of Kids TV." AdvertisementNikolas slammed Schneider's apology in a reaction video uploaded on YouTube on Tuesday. Nikolas wasn't the only former Nickelodeon star who criticized Schneider's apology.
Persons: , Dan Schneider, Schneider, Drake, Josh, Nickdeleon, he's, Dan Schneider Dan Schneider, Beverly Hilton, Brian, Sam, Henry Danger, The New York Times Dan Schneider, Eric Vitale Eric Vitale, Jennette McCurdy, Schneider's, McCurdy, Sam Puckett, Nathan Kress, Kate Taylor, Victoria Justice, Avan Jogia, Lawrence K, Alexa Nikolas, Nicole Bristow, Daniella Monet, Trina Vega, Jenny Kilgen, Nickelodeon Drake Bell, Mary Robertson, Emma Schwartz, BI's Taylor, Nikolas, Marc Summers, Giovonnie Samuels, Bryan Hearne, Kilgen, Christy Stratton, Jamie Lynn Spears, Dan, Jeff Kravitz, Jason Handy, Brian Peck, Handy, Peck, Alan Thicke, James Marsden, Will Friedle, Maxine, Drake Bell, Bell, Josh Peck, Bobby Bowman, let's, Jerry Trainor, Miranda Cosgrove, Jason Merritt, Magic Schneider, didn't, doesn't, it's, Nikolas wasn't, Soledad O'Brien, Hearne, Jennette, Samuels Organizations: Service, Nickelodeon, Kids, Business, Beverly, The New York Times, Times, Apple, New York Times, Victoria, Los Angeles Times, Getty, BI, Maxine Productions, Sony Pictures, YouTube Locations: Beverly Hills , California, Hollywood, TikTok
Read previewAnne Hathaway has spoken out about losing movie roles over the "Hathahate" phenomenon that unfolded over a decade ago. In the wake of criticism, Franco threw Hathaway under the bus, and told the "Late Show with David Letterman" that year: "Anne Hathaway is so energetic, I think the Tasmanian Devil would look stoned standing next to Anne Hathaway." Anne Hathaway changed her mind three hours before the Oscars to wear this white Prada dress. Christopher Nolan and Anne Hathaway. Matthew McConaughey and Anne Hathaway in "Interstellar."
Persons: , Anne Hathaway, Hathaway, hadn't, Oscar, Anne Hathaway's, James Franco, Kevin Winter, — Hathaway, Franco, David Letterman, Christopher Nolan's, Jason Merritt, It's, Brie Larson, Rachel Zegler, Christopher Nolan, Julien De Rosa, Michael Buckner, didn't, Nolan, Matthew McConaughey Organizations: Service, Business, Getty, Huffington, Paramount Locations: AFP
Like Frieden, they're having a hard time finding what they need on the market. Frieden says she's surprised developers aren't doing more to meet the demand, particularly at the higher end of the market. Empty-nest boomers now own twice as many large homes as millennials with kids do, according to a recent Redfin analysis. This is making it even harder for millennials and households with kids to break into the market or upsize their homes. AdvertisementThis misallocation of housing — and shortage of larger condos and apartments — will become increasingly urgent as boomers age in homes that aren't ideal — or even safe — for them.
Persons: Deborah Frieden, , they've, Frieden, they're, they'd, Joe's, she's, I've, Daryl Fairweather Organizations: Service, BI Locations: Oakland , California, Lake Merritt, Frieden
These were informal but high-stakes gatherings, then known as LAN parties, whether winning a box of energy drinks or just the joy of emerging victorious. Many people who had never experienced the era of LAN parties also responded with excitement. Digital cameras — with which most of the photos in “LAN Party” were taken — had just become widely available to the public. LAN parties made space for competition and community in both 'real life' and online environments simultaneously. Dane Oleson/Electronox/Courtesy Thames & HudsonThough they have significantly dwindled in frequency, LAN parties do still take place.
Persons: David Harrison, Gen Xers, podcaster Merritt, , ” K, , , Anne de Waal, Charles, Jeff Tillett, , Merritt K, Brett Masse, Nick Huber, White, it’s, Dane Oleson Organizations: CNN, chrysalis, Google, Napster, Hudson, Thames, LAN Party, Twitter, QuakeCon, IRL Locations: Brisbane, Australia, Hengelo, The Netherlands, St, Charles Parish , Louisiana, Dallas , Texas, Tulsa , Oklahoma, Lee's Summit , Missouri
Taylor Swift visited Travis Kelce at the stadiums before their relationship went public. Dave Merritt, the Chiefs' defensive backs coach, commented on the relationship on "The Sports Shop With Reese and K-Mac" podcast. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTaylor Swift quietly visited Travis Kelce at the stadiums before their relationship went public, a Kansas City Chiefs coach said. "She was coming into the stadiums without people really knowing until the camera put a big spotlight on it," Merritt said.
Persons: Taylor Swift, Travis Kelce, Dave Merritt, Reese, Kelce, , Merritt Organizations: Chiefs, Service, Kansas City Chiefs, Business
Usher said he had a "bidding war" with Justin Timberlake to sign Justin Bieber. AdvertisementUsher and Justin Timberlake got into a "bidding war" while trying to sign a then-unknown Justin Bieber. "We built a friendship, but this would obviously create a partnership that would span us forever, and it was a bit of a bidding war between me and Justin Timberlake," Usher said. Scooter Braun, Justin Bieber, and Usher in 2013. Steve Granitz/Getty ImagesDuring his conversation with People, Usher continued that he wanted to sign Bieber because "there can only be one Justin."
Persons: Usher, Justin Timberlake, Justin Bieber, Scooter, Scooter Braun, Bieber, , Jason Merritt, Braun, Steve Granitz, Justin, Raymond Braun, Beiber, Howard Stern, Stern, we've, Ramsay Hunt, It's Organizations: Service, People Magazine, Bowl, Raymond Braun Media Group, Super Bowl Locations: Idaho
Only 4.4% of Georgia workers are union members, the eighth-lowest rate among states. The National Labor Relations Board, the federal agency overseeing union affairs, did not immediately respond Thursday to an email seeking comment. Democrats, though, say the bill is really about making it harder for unions to organize and for companies to accept them. Sen Mike Hodges, a Brunswick Republican who is sponsoring the bill, denied that it would violate federal law. But Democrats said they think the bill is an attempt to attack federal labor law.
Persons: Brian Kemp, Bill, , Hannah Perkins, Kay Ivey, ” Henry McMaster, , Joe Biden’s, , Kemp, you’re, Sen, Bo Hatchett, Cornelia, Nikki Merritt, Merritt, Sen Mike Hodges, Hodges, Jason Esteves, they’re Organizations: ATLANTA, , Gov, Union, National Labor Relations Act, , Georgia AFL, National Labor Relations Board, American Legislative Exchange Council, Democratic, United Auto Workers, Alabama Republican Gov, South, Republican, Georgia Gov, Georgia Chamber of Commerce, Georgia Republicans, Cornelia Republican, Senate, Lawrenceville Democrat, Democrats, State, Brunswick Republican, Atlanta Democrat Locations: Georgia, Tennessee, ” Alabama, South Carolina, Indiana, Arizona, Atlanta
Jay Z — 24 winsJay-Z at the 2013 Grammys. Jason Merritt/Getty ImagesThe rapper-mogul won his first Grammy in 1999 for best rap album for "Vol. 2 … Hard Knock Life." In 2024, he was presented with the Dr Dre Global Impact Award (which does not count toward his official total). Jay-Z has received 88 nominations in total, tied with Beyoncé for the most in history.
Persons: Jay Z, Jay, Jason Merritt, Dr Dre, Beyoncé Organizations: Getty, Dr
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEVs struggling in cold happening under 'rare circumstances': Tesla investor Sawyer MerrittHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: EVs, Sawyer Merritt, Brian Sullivan, Organizations: CNBC
Some Amazon employees have noticed an increasing number of Slack messages lately from colleagues who are quitting over the company's strict return-to-office mandate. Many Amazon employees received deadlines for starting to work in offices and the uptick in departures may be related to teams nearing those various deadlines. "This [is] my last day at Amazon," another AWS employee wrote on Friday. However, BI has asked the company for comment on its RTO policy many times in recent months. "Tomorrow is my last day at Amazon," one Amazon employee wrote on Thursday.
Persons: Slack, RTO, Merritt Baer, Brad Glasser, there's, we've, Ashley Stewart Organizations: Business, Amazon, Web Services, BI Locations: RTO
Bloomberg Businessweek, a weekly magazine for the past 94 years, is going monthly, the company told staff members on Thursday. There was no indication in the memo that the Businessweek name would change. “But we see demand in both digital and print for the ambitious long-form journalism Businessweek is now well known for.”Businessweek was a struggling brand when Bloomberg bought it in 2009. The company renamed the magazine Bloomberg Businessweek, and its bold and provocative covers generated a surge of renewed interest. But it has not avoided the persistent headwinds facing all print publications, including ever-declining circulation and lower advertising revenue.
Persons: David Merritt, Katie Boyce, Organizations: Bloomberg Businessweek, The New York Times, Businessweek, ” Businessweek, Bloomberg
Charlie Munger once said that Elon Musk "likes taking on the impossible job and doing it." But the late Munger said he and Warren Buffett didn't want to emulate Musk's lifestyle. Munger, Warren Buffett's longtime business partner, died at 99 on Tuesday. We have a wholly different way of going about life," Munger said. "Appreciate the kind words from Warren and Charlie," Musk wrote in response to a video of Buffet's and Munger's comments back in May.
Persons: Charlie Munger, Elon, Munger, Warren Buffett, , Warren Buffett's, Warren, Buffett, Bill Maher, It's, s8NdiI5WcL — Sawyer Merritt, Charlie, Musk, Berkshire Hathaway, Duke Organizations: SpaceX, Service, Musk, Elon, Berkshire, CNBC, Business Insider Locations: Munger, Berkshire, Westchester
RALEIGH, N.C. (AP) — North Carolina State Auditor Beth Wood announced on Thursday that she will resign from her elected post next month, a decision coming two days after she was indicted on charges that she misused her state-owned vehicle for personal activities. Wood, a Democrat who was first elected auditor in 2008, had already announced last week that she wouldn't seek reelection in 2024. Political Cartoons View All 1239 ImagesWood informed Cooper of her resignation decision on Thursday afternoon, the governor’s office said. Cooper “respects her decision and thanked her for her years of service to North Carolina,” spokesperson Jordan Monaghan said in a text message. The state auditor's job is one of 10 posts within the Council of State, which also includes the governor, attorney general and other statewide executive branch officials.
Persons: Beth Wood, Wood, wouldn't, , ” Wood, Roy Cooper, Cooper, Cooper “, Jordan Monaghan, Lorrin Freeman, Les Merritt, Organizations: , Democrat, Wake, State, Democratic Gov, Auditor’s Office, of State Locations: RALEIGH, N.C, Carolina, State of North Carolina, North Carolina, Wake County, Craven
REUTERS/Toby Melville/File Photo Acquire Licensing RightsNov 3 (Reuters) - Barclays (BARC.L) was sued this week by investors in its U.S.-listed securities who said the British bank misled them about former Chief Executive Jes Staley's ties to the disgraced financier Jeffrey Epstein. Staley was Barclays' chief executive from 2015 and 2021. The investors said Barclays concealed or made misleading statements about Staley's and Epstein's relationship in public statements, regulatory disclosures about risks it faced, and communications with Britain's Financial Conduct Authority. A Nov. 9 hearing is scheduled in Manhattan federal court to consider final approval of the victims' settlement. The case is Merritt v Barclays Plc et al, U.S. District Court, Central District of California, No.
Persons: Toby Melville, Jes, Jeffrey Epstein, Staley, Epstein, C.S, Jonathan Stempel, Daniel Wallis Organizations: Barclays, REUTERS, JPMorgan Chase, Britain's Financial, Authority, Investors, New York Times, JPMorgan, U.S ., Merritt, Barclays Plc et, Court, District of, Thomson Locations: City, London, Los Angeles, Manhattan, U.S . Virgin Islands, U.S, District, District of California, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy is a natural hedge in the current market, says Truist's Keith LernerKeith Lerner, Truist Advisory Services Co-Chief Investment Officer and Kevin Merritt, Wedbush Director of Research, joins 'Closing Bell Overtime' to talk geopolitical impacts on the current market, where investors should be putting their money and more.
Persons: Truist's Keith Lerner Keith Lerner, Kevin Merritt Organizations: Email Energy, Truist Advisory Services, Research
Steve Perkins, 39, was killed by police Sept. 29 in Decatur in a confrontation that began with a tow truck driver trying to repossess Perkins’ truck. The driver reported that Perkins flashed a gun, so officers accompanied the driver when he went back to the home, police said. The Decatur Police Department said Perkins “turned the gun toward one of the officers,” and they shot him. The Alabama Law Enforcement Agency said Perkins had a handgun with a light on it. In a statement, Perkins' family said his truck was not in repossession, which is why he was disputing the tow.
Persons: Steve Perkins, repossess Perkins, Perkins, Perkins “, Lee Merritt, Merritt, WAFF, ” Merritt, they’re, Steve, Tab Bowling, , ” Nicholas Perkins Organizations: The Decatur Police, Agency, Associated Press, Attorney’s Office, Decatur, Decatur City Locations: DECATUR, Ala, Decatur, Alabama, repossession, City, Morgan County, Decatur City Hall
It’s usually an inexpensive, efficient way to transport crops, as a typical group of 15 barges lashed together carries as much cargo as about 1,000 trucks. A narrowed shipping lane also means barges from different companies must squeeze into limited space, forcing backups and delays. Months of dry and warm weather have hit the Midwest hard, damaging crops in much of the region west of the Mississippi River. In Kansas, 40% of the soybean crop was reported in poor or very poor condition, with the same conditions for 40% of the corn crop in Missouri. From his work site beside the Mississippi River in Red Wing, Minnesota, Jim Larson watches as the river rises and falls through the seasons.
Persons: Farmer Bruce Peterson, chuckled, ” Peterson, , Louis, Paul, that’s, Nature, , Merritt Lane, Lane, Tom Heinold, ” Heinold, Heinold, Mike Steenhoek, Steenhoek, Jim Larson, Larson Organizations: DES, Canal Barge, New, Engineers, , Soy Transportation Coalition, Red Locations: DES MOINES, Iowa, Mississippi, Gulf of Mexico, Minnesota, New Orleans, St, Minneapolis, Illinois, Ohio, Wisconsin, Davenport , Iowa, Savanna , Illinois, Rock, Missouri, In Kansas, U.S, United States, Red Wing , Minnesota
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