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☆ Joseph Stiglitz on why America's appetite for Trump endures
▼ + stars: | 2024-05-01 | by ( William Edwards | ) www.businessinsider.com time to read: +12 min

If Trump is elected again, Stiglitz said, he could well pull support for Ukraine, sending grain prices soaring. For Stiglitz, the 2001 winner of the Nobel Prize in economics, America's appetite for Trump can be traced back a little more than four decades ago to the election of Ronald Reagan. "We've had 40 years of a neoliberal experiment: Strip away the regulations and lower the taxes — taxes are much lower than they used to be. But Komlos and Stiglitz don't place blame solely on Reagan for the growing economic inequality. Every European country that's had a wealth tax has walked away from it, by and large."

Persons: Donald Trump, Joseph Stiglitz, Trump, Stiglitz, Joe Biden, Ronald Reagan, —, that's, Reagan, We've, Dina Litovsky, Friedrich Hayek, Milton Friedman, That's, Stiglitz doesn't, John Komlos, Komlos, Joe, Bill Clinton, Clinton, Barack Obama, insurrectionists, Desmond Lachman, Carter, Douglas Holtz, Eakin, George W, John McCain's, Holtz, America Stiglitz, Hayek, Friedman, Claudia Sahm, you've, what's Organizations: Columbia Business School, Business, Capitol, Biden, Trump, :, Good Society, America's, Federal Reserve, Budget, Bank, University of Munich, Duke University, University of North, Democratic, North American Free Trade, World Trade Organization, American Enterprise Institute, Bush's, Economic Advisers Locations: Manhattan, Ukraine, Russia, China, Beijing, Taiwan, University of North Carolina, Spain, America

☆ Pennsylvania Hospital Suspends Its Liver Transplant Program
▼ + stars: | 2024-04-29 | by ( Brian M. Rosenthal | Jessica Silver-Greenberg | ) www.nytimes.com time to read: +1 min

A major Pennsylvania hospital shut down its liver transplant program last week, becoming the second medical center this month to take such an unusual step. The hospital, the Penn State Health Milton S. Hershey Medical Center, said Monday that it had closed the program and submitted to a review from federal officials. “The decision to inactivate comes after concerns about clinical processes and documentation were identified,” the hospital said in a statement. Hospital officials would not comment about those accusations. The Hershey closure comes just weeks after Memorial Hermann-Texas Medical Center in Houston suspended its liver and kidney transplant programs.

Persons: Penn State Health Milton, inactivate, Hershey Organizations: Penn State Health, Hershey Medical Center, New York Times, Hermann, Texas Medical Center, Times Locations: Pennsylvania, Houston

☆ Why a Brazilian UFC star is championing a dead Austrian economist
▼ + stars: | 2024-04-28 | by ( David Shortell | ) edition.cnn.com time to read: +7 min

In recent years, the free-market economist and the contrarian Austrian school he led midcentury have been turned into a hashtag deployed by tax-wary workers. Ludwig von Mises From Mises Institute“Ludwig von Mises is Latin America’s leading economist,” declared the headline of a Bloomberg opinion piece earlier this month by economist Tyler Cowen. His free-market policy prescriptions, framed by an economic thinking centered on human behavior and individual choice, were widely considered out of fashion at the time. “That is my jam!” Shapiro said of the Austrian school. “If you start to understand the concept of the Austrian economic school,” Moicano said in a recent YouTube video, “you’re going to understand that’s what I need: free market, liberties, and wealth, my brother.

Persons: Renato Moicano, “, Ludwig von Mises, ” Moicano, Mises, midcentury, influencers, “ Ludwig von Mises, ”, Tyler Cowen, Marx, Camila Rocha, Moicano, Jair Bolsonaro, Javier Milei, Fabrice Coffrini, Milei, “ Milei, Daniel Raisbeck, Raisbeck, Milton Friedman, ” Mises, El, Nayib Bukele, Amanda Andrade, Rhoades, Rocha, Ben Shapiro, ” Shapiro, It’s, “ you’re Organizations: CNN — Brazilian UFC, Austrian, Mises, “, Bloomberg, New York University, Brazilian Center of Analysis, UFC, Economic, Cato Institute, Argentina national, Salvador, Conservative Political, Conference, Mises Institute, Mises Institutes, Fox Business, YouTube Locations: Austrian, United States, South, Central America, American, El Salvador, Argentina, Brazil, Davos, AFP, Milei, Buenos Aires, Mises, National Harbor , Maryland, Washington, Latin America

☆ Election Updates: Biden appears for live interview with Howard Stern.
▼ + stars: | 2024-04-26 | by ( Chris Cameron | ) www.nytimes.com time to read: +3 min

President Biden will depart New York today and return to Washington, D.C., concluding a campaign trip promoting his economic policies. Mr. Trump stands accused of covering up a sex scandal surrounding the 2016 presidential campaign. “It was breathtaking,” Mr. Trump said in brief remarks to the press. “We have an Infrastructure Decade coming,” Mr. Biden said at the Milton J. Rubenstein Museum of Science & Technology, adding, in reference to Mr. Trump, “The last guy had Infrastructure Week and never showed up.”He continued: “American manufacturing is back. He also continued to compare campus protests against the war in Gaza with the violent white supremacist rally in Charlottesville, Va., in 2017.

Persons: Biden, Donald J, Trump, David Pecker, Mr, ” Mr, Milton J, “, ”, supremacists Organizations: Washington , D.C, Republican, National Enquirer, Rubenstein Museum of Science & Technology, Commerce Department, Nazi Locations: New York, Washington ,, Manhattan, Syracuse, American, Gaza, Charlottesville, Va, ” “ Charlottesville

☆ Why chipmakers are the stars of the week, plus Cramer's read-through on 3 reports
▼ + stars: | 2024-04-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Best in months: The S & P 500 and Nasdaq are both higher on Friday, on pace for their best weeks since November. The gains break a three-week losing streak for the broad-based S & P and four straight losing weeks for the tech-heavy Nasdaq. About 46% of the S & P 500 has reported earnings so far, with nearly three quarters beating consensus expectations, according to FactSet. Earnings ahead : The busiest week of the first-quarter earnings season is coming up. But the company will still be buying back stock ahead of better times."

Persons: Jim Cramer, there's, Grace Hopper Superchip, Sanjay Mehrotra, Lam, Sanjay, we'll, Dow, Dupont, Jim Cramer's, Jim, Milton J, Kevin Lamarque Organizations: CNBC, Nasdaq, Microsoft, Intel, Nvidia, Micron, Lam Research, Apple, Coterra Energy, Starbucks, DuPont, Jim Cramer's Charitable, Micron Technology, Rubenstein Museum of Science, Technology Locations: Chevron, Devon, Syracuse , New York, U.S

☆ Biden says he would be 'happy to debate' Trump
▼ + stars: | 2024-04-26 | by ( Kyla Guilfoil | ) www.cnbc.com time to read: +1 min

President Joe Biden said Friday during a one-on-one interview with radio host Howard Stern that he is willing to debate Donald Trump ahead of the 2024 presidential election. "I am, somewhere, I don't know when, but I am happy to debate him," Biden said in the interview. When asked in February about Trump's calls for debate, Biden merely said, "If I were him, I'd want him to debate me, too. In response to Biden's remark on Friday, a Trump campaign adviser, Chris LaCivita, said in a post to X, "Ok let's set it up!" The president's new openness for the debate comes after Trump has been advocating for a chance to go head-to-head with Biden on stage.

Persons: Joe Biden, Milton J, Howard Stern, Donald Trump, Biden, Trump's, I'd, He's, Trump, Chris LaCivita Organizations: Rubenstein Museum of Science, Technology Locations: America, Central New York, Syracuse , New York, U.S

☆ A key service helping convicted US veterans recover remains dysfunctional for everyone else, but there's a fix
▼ + stars: | 2024-04-20 | by ( Ella Sherman | ) www.businessinsider.com time to read: +11 min

Veteran treatment courts, which prioritize rehabilitation for convicted veterans, provide comprehensive care, but the public version of these courts fail to deliver comparable support. Landing in a treatment courtAs of 2022, there were over 4,153 adult drug courts and 511 veteran treatment courts in the United States. There are numerous ways a person who has been convicted can enter a drug treatment court. Many adult drug treatment courts are unable to admit violent offenders due to the BJA prohibition. He describes his veteran treatment court experience as going through an "intense supervised probation" that gradually lessened.

Persons: —, Christopher Deutsch, Deutsch, there's, Christina Lanier, John Pendygraft, Pool Lanier, they're, Lanier, Ed Kubo, Michael Peacock, Kristen Wong Deutsch, Hondo Underwood, Underwood, BI's Ju Shardlow, Jack Milton Organizations: Service, Business, Court, Center, Criminal, AP, UNC Wilmington, Army, Treatment, Supreme Court, Marine Corps, Justice, Harbor, Veterans Affairs, Portland Press, Getty Locations: Clearwater , Florida, Raleigh, North Carolina's, Wilmington, United States, Hawaii, Colorado

And what would happen over the years was that these new entrants would get better, and better, and better until all of a sudden they’d taken over the industry. And any one leader launching one of these things might go, well, listen, we need to change. But we do need a way of distinguishing between change that lifts humans up and change that pushes people down. There is good change, and less good change, and bad change. And if leading is about making things better, then leading has to be about understanding what people need so that they can help you make things better.

Persons: Ashley Goodall, I’ve, we’ve, they’re, Milton Friedman, Clayton Christensen, We’re Organizations: Unilever Locations: Silicon Valley, That’s

ROGA members commit to work together on issues ranging from education, responsible gaming best practices, conscientious advertising and marketing across the industry. Justin Sullivan | Getty ImagesROGA says it will create a certification program to assess members' responsible gaming efforts and provide an incentive for operators to participate. Problem gamblingAn estimated 2 million U.S. adults meet the criteria for a severe gambling problem, according to the National Council on Problem Gambling. Another 5 million to 8 million U.S. adults are considered to have a mild or moderate gambling problem. Problem gambling prompted regulatory crackdowns in Europe and especially in the United Kingdom over the last couple years, impacting sportsbooks' profitability and changing the way they conduct business.

Persons: —, Jennifer Shatley, ROGA, Justin Sullivan, Shohei Ohtani, Ohtani, he's, Jontay Porter, There's, Paul Tonko, Tonko, PrizePicks, FanDuel, Milton Thompson, CNBC it's, it's, Silquia Patel, Eduardo Munoz Organizations: MGM PENN, Penn Entertainment, Online Gaming Association, D.C, Super, Los Angeles Dodgers, NBA, Toronto Raptors, Integrity, Temple University, National Council, . Rep, CNBC, DraftKings, Indiana Gaming, Caesars, American Gaming Association Locations: BetMGM, United States, Washington, Europe, United Kingdom, New York, Indiana, Rhode, Kentucky, East Rutherford , New Jersey, U.S

☆ 'America's greatest gift to Israel'
▼ + stars: | 2024-03-24 | by ( David Kushner | ) www.businessinsider.com time to read: +35 min

As the country's founder and first prime minister, David Ben-Gurion, once declared, "America's greatest gift to Israel was Al Schwimmer." Joining the Haganah, Schwimmer discovered, wasn't as easy as just strolling through the door. "He felt he had to do his part in creating a Jewish state, so this could never happen again," Schwimmer recalled. Rather than melt down the surplus weapons for scrap, Liff told Greenspun to take as much as he wanted — free of charge. In 2001, at the urging of Brian Greenspun, Schwimmer received a presidential pardon from Bill Clinton.

Persons: Danny Schwimmer, They'd, Rina, Al —, David Ben, Gurion, Al Schwimmer, Schwimmer, Bugsy Siegel's, Meyer Lansky, Frank Sinatra, Sinatra, —, Boaz Dvir, Israel —, Danny, Al, I've, Hank Greenspun, Greenspun, Brian, Adolph, Dick Tracy, " Schwimmer, Wing Walker, America, Yehuda Arazi, Arazi, they'd, Schwimmer's, Sam Lewis, Leo Gardner, Milton, Milt, Rubenfeld, Paul Reubens, Herman, Reubens, Bugsy Siegel, Siegel, — Schwimmer, Nathan Liff, Liff, PhotoQuest, Bernarr McFadden, Pat, Ptacek, Rafael Trujillo, Teddy Kollek, Erwin Johnson, Bill Gerson, Gerson, Bud King, Gerson's, Ben, Joel Kimmel, Lewis, Lansky, hadn't, Tommy, Messerschmitts, David, Milt Rubenfeld, Israel, Charlie Winters, Winters, weren't, aren't, America's, Joseph McCarthy, John F, Kennedy, Brian Greenspun, Golda Meir, Bill Clinton Organizations: Israeli Air Force, TWA, Haganah, United Nations, Lockheed Air, Los Angeles Examiner, USC, Getty, US Naval, Schwimmer Aviation, FBI, UN, Customs Service, Palestine . Volunteers, Embassy, Israel, Service Airways, State Department, BI, Pepsi, Zionist, Nazi, Star, American, Avia, Messerschmitt, Pennsylvania State University who's, Las, Sun, Israel Aerospace Industries, IAI, they're, Israeli Locations: Tel Aviv, Israel, Connecticut, Palestine, New York, Copacabana, United States, Hungary, Auschwitz, storages, Arizona, Bridgeport, Rome, Burbank , California, Burbank, Las Vegas, Hawaii, Oahu, Santa Claus, California, Washington, Burbank ., Acapulco, Mexico, it's, Mexico City, Central, South America, Dominican Republic, China, America, Mexican, Panama, Panamanian, Corsica, Oklahoma, Detroit, Suriname, Brazil, Senegal, Casablanca, Sicily, Catania, Europe, Czechoslovakia, Czech, Egypt, Cairo, Los Angeles, American, Gaza, Iran

☆ An Arms Smugger, a Daring Heist, and the Birth of Israel
▼ + stars: | 2024-03-24 | by ( David Kushner | ) www.businessinsider.com time to read: +35 min

Joining the Haganah, Schwimmer discovered, wasn't as easy as just strolling through the door. "He felt he had to do his part in creating a Jewish state, so this could never happen again," Schwimmer recalled. Rather than melt down the surplus weapons for scrap, Liff told Greenspun to take as much as he wanted — free of charge. "It went against the grain to buck the same government we had fought to preserve only a few years before," Hank Greenspun recalled. In 2001, at the urging of Brian Greenspun, Schwimmer received a presidential pardon from Bill Clinton.

☆ Warren Buffett once warned that most dot.com startups would fail. His words lit a fire under Amazon's Jeff Bezos.
▼ + stars: | 2024-03-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Warren Buffett warned during the dot-com bubble that most internet startups were doomed to fail. Jeff Bezos took the investor's words to heart and told Amazon's workforce to never get complacent. AdvertisementWarren Buffett's famous warning during the internet bubble was a wake-up call for Jeff Bezos that Amazon's long-term survival was the furthest thing from guaranteed. He predicted that would be the case for internet startups too, with all the hype and speculation fading over time and leaving only a handful of companies surviving. This story is available exclusively to Business Insider subscribers.

Persons: Warren Buffett, Jeff Bezos, Buffett, Milton Berg, —, Warren Buffett's, Berkshire Hathaway Organizations: Service, Berkshire, US, Business Locations: Sun

☆ S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg
▼ + stars: | 2024-03-06 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Market bears calling for a 60% crash in the S&P 500 could soon be proven correct, Milton Berg said. The technical analyst said that stocks may be close to a final peak as speculation runs hot. Berg warned a recession appears likely based on several economic indicators that are flashing red. AdvertisementStocks might crash up to 60%, a recession seems likely, and market speculation has reached dangerous levels, a veteran technical analyst warned. AdvertisementBerg, a former advisor to elite investors like George Soros and Stanley Druckenmiller, now runs Milton Berg Advisors.

Persons: Milton Berg, Berg, —, they've, John Hussman, Jeremy Grantham, who's, George Soros, Stanley Druckenmiller Organizations: Service, Milton Berg Advisors, Nasdaq, Nvidia, Netflix Locations: Milton

☆ Christian Horner: Red Bull team principal to remain in role after investigation into alleged inappropriate behaviour
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: +2 min

Red Bull Team Principal Christian Horner in the team principals press conference during day two of F1 Testing at Bahrain International Circuit on February 22, 2024 in Bahrain, Bahrain. Christian Horner will continue in his role as Red Bull team principal after allegations of inappropriate behaviour made against him were dismissed following an investigation. "The independent investigation into the allegations made against Mr Horner is complete, and Red Bull can confirm that the grievance has been dismissed," a statement from Red Bull GmbH said. Red Bull is confident that the investigation has been fair, rigorous and impartial. Red Bull will continue striving to meet the highest workplace standards."

Persons: Red Bull Team Principal Christian Horner, Christian Horner, Red Bull, Horner, Mr Horner, Milton Keynes Organizations: Red Bull Team Principal, Bahrain, Circuit, Red Bull GmbH, Red Bull Locations: Bahrain, Austrian, Milton

☆ Saul Leiter: The photographer who changed the way the world saw New York
▼ + stars: | 2024-02-22 | by ( Christian House | ) edition.cnn.com time to read: +6 min

CNN —Saul Leiter had a thing for umbrellas. They pepper his mid-century photographs of New York, popping up over years of work: pink umbrellas, red umbrellas, yellow umbrellas. In “Saul Leiter: An Unfinished Word,” a joyous new retrospective on view at MK Gallery in Milton Keynes, England, these umbrellas sing out from the walls. Saul Leiter FoundationLeiter’s abstracted shots of New York seem radical, yet they are true to how we all see the streets: fragmented by traffic, building facades, doorways, angles and crowds. Saul Leiter Foundation“He never really settled into society,” says Morin.

Persons: CNN — Saul Leiter, “ Saul Leiter, Leiter, —, Saul Leiter, ”, Saul Leiter Leiter, Saul, Eugene Smith, Bonnard, “, Anne Morin, Jack Kerouac, Allen Ginsberg, Soames Bantry, Anders Goldfarb, Diane Arbus, Robert Frank, Morin Organizations: CNN, Saul Leiter Foundation, British Vogue, Bazaar, New York School of Photographers Locations: New York, Milton Keynes, England, Pittsburgh, British

☆ William ‘Bill’ Post, who helped invent Pop-Tarts, has died
▼ + stars: | 2024-02-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —William “Bill” Post, who helped create Pop-Tarts, the pantry staple that reinvented breakfast for the masses, has died. “We are deeply saddened to share the news that William ‘Bill’ Post passed away over the weekend,” Pop-Tarts owner Kellanova said in a statement. We’d like to put that in a toaster.’”He took the piece of pie with him and said he “had to break every rule in the book” to create Pop-Tarts. In the following few years, frosting and sprinkles were added and Kellogg created “Milton the Toaster” to be its mascot. He was also humble about helping create Pop-Tarts.

Persons: William “ Bill ” Post, William ‘ Bill ’ Post, Kellanova, “, Bill, ”, ” Post, Kellogg, Milton, Keebler, Post Organizations: New, New York CNN, Hekman Biscuit Company, Kellogg, Army Locations: New York, Michigan, Cleveland, Kellogg, Japan, Florence

☆ Boeing Disaster Proves Americans Businesses Greedy Mentality Is Broken
▼ + stars: | 2024-02-11 | by ( Linette Lopez | ) www.businessinsider.com time to read: +16 min

They expose decades of American corporate philosophy gone awry. A good American company isn’t just a vehicle for financial returns; it is first and foremost an employer, a contributor to economic and/or technological innovation, and a source of US power. But it’s clear that what Boeing — and the entire American corporate body politic — needs is nothing short of a philosophical counterrevolution. Over these three decades of plenty for Boeing’s shareholders, the company’s staff was asked to penny-pinch. Boeing’s stock cratered, and France’s Airbus , a rival once colloquially known as “Scare Bus,” started to eat the American company’s lunch .

Persons: it’s, could’ve, William Lazonick, “, It’s, won’t, William McGee, T.A, Wilson, Frank Shrontz, Max, Peter Robison, —, ”, Dave Calhoun, we’ve, Scott Kirby, hasn’t, “ We’re, Lazonick, wasn’t, Milton Friedman, Michael Jensen, Jensen, nary, Jack Welch, Welch, Wall, ” Lazonick, We’ve, Mary Barra, ” McGee Organizations: Alaska Airlines, Boeing, Investments, University of Massachusetts, ”, NASA, Airbus, Alaska Airlines Max, Wall, United Airlines, Federal Aviation Administration, CNBC, Washington, University of Chicago, Electric, Wall Street, GE, Dow Jones, Securities and Exchange Commission, Reality Labs, Deutsche Bank, Business, General Motors, United Auto Workers, Companies, GM, & $ Locations: Washington, America

☆ Torah Scrolls That Survived the Nazis Now Fuel Faith Around the World
▼ + stars: | 2024-02-05 | by ( Milton Esterow | ) www.nytimes.com time to read: 1 min

Since the Congregation Bonai Shalom in Boulder, Colo., was founded in 1981, one of its several Torahs has been taken from the ark each Sabbath, and on other holy days, and read to members of the congregation. In August, another, particularly special Torah arrived at the temple, one of some 1,400 scrolls whose survival during the Holocaust has inspired Jewish congregations around the world. Confiscated by the Nazis as they purged synagogues and communities throughout Bohemia and Moravia, the Torah scrolls were shipped to the Jewish Museum in Prague. The scrolls were rescued from Prague years after World War II and have become part of a sprawling inventory of faith administered by a London trust that loans the Torahs out to synagogues, universities, hospitals and other institutions in 25 countries.

Persons: Bonai Organizations: Jewish Museum Locations: Boulder, Colo, Bohemia, Moravia, Prague, London

So did South Carolina's Spencer Rattler for the American team. Milton was 9-of-13 passing for 80 yards for the American team but was intercepted twice. Notre Dame's Sam Hartman played most of the way for the National team. TCU's Bailey had four runs and a catch totaling 35 yards on the American team's first five plays. Florida State defensive tackle Braden Fiske switched sides Saturday morning to the National team because of roster attrition.

Persons: Chau Wade, Smith, Wade, Joe Milton III, wasn't, Emani Bailey, Joshua Karty, Stanford, Mary, Tulane's Michael Pratt, Michael Penix Jr, Oregon's Bo Nix, Carolina's Spencer Rattler, Nix, Brevyn Spann, Rattler, Geogia's Marcus, Rosemy, Milton, Sam Hartman, TCU's Bailey, Braden Fiske, Tim Tebow, margarita, Jimmy Buffett Organizations: — Washington State, American, NFL, TCU, Washington, Heisman, Huskies, Auburn, Ford, Notre, National, team's, Florida State, Mobile, ___ AP Locations: Minnesota, Florida

☆ Texas Says Its Power Grid Is Strong. It’s About to Get Tested.
▼ + stars: | 2024-01-13 | by ( J. David Goodman | ) www.nytimes.com time to read: 1 min

Like many Texans, Jarrett Milton has been getting ready for the blast of freezing weather expected in the coming days. The owner of two food trucks near downtown Houston, Mr. Milton has coats for his workers and a stock of propane, extra firewood and lots of food. Oh, let me go buy the place out,” he said. “Because unfortunately, in Texas, you just have to be prepared for the worst.”Memories of the worst are still fresh in Texas: The punishing winter weather of February 2021 caused a spectacular failure of the electricity grid, leading to the deaths of more than 240 people, some frozen in their own beds. Since then, officials and lawmakers in Austin have tried to improve the reliability of the grid, making operational changes and passing laws to prevent a similarly devastating failure of critical infrastructure during the cold.

Persons: Jarrett Milton, Milton, ” Organizations: Texans Locations: Houston, Texas, Austin

☆ Some options trades for avoiding an asset bubble and other macroeconomic troubles
▼ + stars: | 2024-01-11 | by ( Michael Khouw | ) www.cnbc.com time to read: +9 min

There are some trades for investors looking to avoid a possible asset bubble and other potholes that could be ahead. The standard 30-year fixed mortgage rate rose even further, a function of both the rising risk-free rate and the rising spread. Buying bonds has interest rate risk. Moreover, the spread between mortgage rates and Treasuries is unusually high. Risk-free rates stay static or even rise mildly, but if the spread narrows mortgage rates could fall, a tailwind for a mortgage portfolio.

Persons: There's, Murray Rothbard, Milton Friedman, Ben Bernanke, Bernanke's, Janet Yellen, Jerome Powell, Howard Marks, Charlie Munger, Berkshire Hathaway, Marks, Steve Eisman, Neuberger Berman, they've Organizations: Federal Reserve, Fed, Federal Reserve Bank, Vanguard Value, Technology, MBS Locations: U.S, deflate, Berkshire

The moon rises over the Toronto city skyline as seen from Milton, Ontario, Canada, January 23, 2016. REUTERS/Mark Blinch/File Photo Acquire Licensing RightsTORONTO, Dec 4 (Reuters) - Canadian banks had a mixed fourth quarter but a common theme underlining all the reports was the rise in bad loan provisions, signalling that lenders were strapping in for a shaky economy. Impaired loans related to residential mortgages, real estate and construction were also higher from the prior quarter, indicating that the banks were also being cautious when considering underwriting new loans. He noted that despite the mixed results, the banks reported healthy capital levels, giving investors assurance that the banks remain resilient. Reuters Graphics($1 = 1.3559 Canadian dollars)Reporting by Nivedita Balu in Toronto; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

Persons: Mark Blinch, Verecan, Colin White, Dave McKay, Mike Archibald, Nivedita Balu, Mark Porter Organizations: REUTERS, Rights, Reuters, Bank of Canada, BOC, Royal Bank of Canada, CIBC, National Bank, Scotiabank, BMO, RBC, Reuters Graphics Reuters, AGF Investments, Reuters Graphics, Thomson Locations: Toronto, Milton , Ontario, Canada

ATLANTA (AP) — Georgia tight end Brock Bowers and right guard Tate Ratledge have returned from injuries to start for the No. The return of Bowers is especially important to Georgia's hopes of competing for a third consecutive national championship. Bowers missed three consecutive games early in the season following an ankle injury that required surgery. He returned to play in victories over Mississippi and Tennessee before missing last week’s 31-23 win at Georgia Tech with lingering soreness. Georgia didn't wait long to take advantage of Bowers' return.

Persons: Brock Bowers, Tate Ratledge, Bowers, Georgia didn't, Carson Beck, Ladd McConkey, Kendall Milton Organizations: ATLANTA, Southeastern Conference, Georgia Tech, Bulldogs, Georgia, AP Locations: Georgia, Alabama, Mississippi, Tennessee

☆ Microsoft's $3.2 bln UK investment to drive AI growth
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +2 min

Britain's Prime Minister Rishi Sunak and Microsoft President Brad Smith attend the AI Safety Summit in Bletchley Park, near Milton Keynes, Britain, November 2, 2023. Britain, where the economy is forecast to be sluggish in the coming years, is pushing for private investment to help fund new infrastructure, particularly in growth industries like AI. "Today's announcement is a turning point for the future of AI infrastructure and development in the UK," Sunak said in a statement on Thursday. Since then, the UK regulator waved through a restructured version of Microsoft's $69 billion acquisition of Activision Blizzard , putting Britain back in Microsoft's favour. The investment includes a training plan to help ensure Britons have the skills they need to build and work with AI, it added.

Persons: Rishi Sunak, Brad Smith, Toby Melville, Sunak, Microsoft's, Smith, Jeremy Hunt, Sarah Young, Elaine Hardcastle Organizations: Britain's, Microsoft, REUTERS, U.S ., Activision Blizzard, Thomson Locations: Bletchley Park, Milton Keynes, Britain, Microsoft's, London

With his rental earnings and increased salary, Vij was able to buy more rental properties in southern Ontario. Investing in rental propertiesVij's first rental property was a two-story detached home with seven rentable rooms, two miles away from McMaster's main campus. Otherwise, whatever money Vij made from his job and rental property went straight into savings for more rental properties. "I want to own as many assets as possible that generate cash flow and use any extra cash to buy more assets." In 2023, Vij broke even on his rental properties.

Persons: Karun Vij, Vij, —, I'd, Karun, Jeremy Applebaum, I'm, Seema, Vij Vij, He's Organizations: CNBC, aha, McMaster University, McMaster, Fortune, Fiverr Savings, Spotify, Amazon Prime, Google, Walt Disney Locations: Hamilton , Ontario, Canada, McMaster's, Cambridge, Ontario, Chicago, Brampton , Ontario, Toronto, Mississauga, Hamilton, Milton , Ontario, Windsor , Ontario

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