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☆ It's the perfect time for the BOJ's 'slow and patient' approach to monetary policy: Nomura
▼ + stars: | 2024-04-23 | 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 EmailIt's the perfect time for the BOJ's 'slow and patient' approach to monetary policy: NomuraGareth Nicholson of Nomura says the BOJ's "two steps forward, one step back" approach to monetary policy could be positive for the Japanese equity market.

Persons: Nomura Gareth Nicholson, Nomura

☆ The strong U.S. job market is in a ‘sweet spot,’ economists say
▼ + stars: | 2024-04-05 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

The labor market has been resilient despite economic headwinds like higher interest rates. "There's still strong, broad-based job growth and real wage growth has been restored," Pollak said. The labor market is in a 'sweet spot'Employers added 303,000 jobs to payrolls in March, the U.S. Bureau of Labor Statistics reported Friday. Job growth in the first three months of 2024 — 274,000, on average — beats the 2019 pre-pandemic average by more than 100,000. "The labor market is settling into a sweet spot," said Nick Bunker, economic research director for North America at job site Indeed.

Persons: Lindsey Nicholson, Julia Pollak, There's, Pollak, Nick Bunker Organizations: Getty, U.S . Bureau of Labor Statistics, North America Locations: Queens , New York, U.S

☆ Unemployment rate among Black Americans jumped in March, contrasting overall trends
▼ + stars: | 2024-04-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Lindsey Nicholson | Universal Images Group | Getty ImagesThe unemployment rate among Black Americans jumped in March, according to data released Friday by the Department of Labor. That's higher than the overall unemployment rate, which edged lower to 3.8% last month, as well as the 3.4% jobless rate for white Americans, which held steady from February. When accounting for gender, the unemployment rate for Black women aged 20 or older spiked to 5.6%, a big increase from the 4.4% rate in February. Gould pointed out that the unemployment rate for Black Americans has been steadily increasing since December. For Black women, the rate ticked lower to 63% from 63.4%, while it inched down to 69.6% from 69.8% among Black men.

Persons: Lindsey Nicholson, Black, Elise Gould, Gould Organizations: Universal, Getty, Black, Department of Labor, Economic, Institute Locations: Queens , New York

☆ These US restaurants and chefs are 2024 James Beard Award finalists
▼ + stars: | 2024-04-03 | by ( Marnie Hunter | ) edition.cnn.com time to read: +9 min

CNN —A New Orleans restaurant featuring a modern Senegalese tasting menu and an Ethiopia-born chef who studied psychology before turning to a culinary career are among the restaurants and chefs named as finalists for the coveted James Beard Awards. The finalists for the Restaurant and Chef Awards were announced Wednesday in Washington, DC. In the Emerging Chef category, Fariyal Abdullahi, executive chef at Hav & Mar in New York, is among the five finalists. Masako Morishita moved to Washington, DC to be a cheerleader for the Washington Commanders. Fariyal Abdullahi, executive chef at Hav & Mar in New York, is among the five finalists in the Emerging Chef category.

Persons: James Beard, Fariyal Abdullahi, Abdullahi, Chef Marcus Samuelsson’s, Masako Morishita, Andy Thomas Lee, Chef Serigne Mbaye’s, Sarah Minnick, Dean Neff, foodie, James Beard’s, “, ” Beard, Mamba, Nadia Nijimbere, Yenvy Pham, Phở, Chris Viaud, Hollis Wells Silverman, Erika Whitaker, Kelly Whitaker, Michael Rafidi, Renee Touponce, David Uygur, Dallas , TX, Scott Suchman, Justin Hamel, Janet Becerra, Ryan Fernandez, Baker, Susan Bae, Jesus Brazon, Manuel Brazon, Atsuko Fujimoto, Crystal Kass, Valentine, Anna Posey, Gemma, Lula Drake Wine, Morris, Vin, Geoff Davis, Rogelio Garcia, Auro, Maynard Llera, Kuya, Tara Monsod, Billy ” Ngo, Vinnie Cimino, Cordelia, OHJose Salazar, Sarkar, Hajime Sato, Sozai, Jenner, Tony Conte, Jesse Ito, Matt Kern, Harley Peet, Kevin Tien, Ann Ahmed, Rob Connoley, Dan Jacobs, Dan Van Rite, Christina Nguyen, Hai, Tim Nicholson, Brandon Cunningham, Ali Sabbah, Matt Vawter, Penelope Wong, Yuan Wonton, Nick Zocco, Atsushi Kono, Chris Mauricio, Charlie Mitchell, Clover, Jeremy Salamon, Conor Dennehy, Talulla, Maria Meza, David Standridge, Jake Stevens, Cara Tobin, Honey, Avery Adams, Matia, Kristi Brown, Josh Dorcak, Gregory Gourdet, Melissa Miranda, Jamie Davis, The, Rod Lassiter, Parnass Savang, James London, Chubby Fish, Robbie Robinson, Paul Smith, Valerie Chang, Hunter Evans, Jackson, Gabriel Hernandez, Carlos Portela, Rene Andrade, Jeff Chanchaleune, Ma Der, Steve, Steve Riley, Eduardo Rodriguez, Zacatlán, Emmanuel Chavez, Christopher Cullum, Cullum’s Attaboy, Tracy Malechek, Ezekiel, Birdie’s, Misti Norris, Petra, Ana Liz Pulido, Ana Liz Taqueria Organizations: CNN, Lyric Opera, Hav, Culinary Institute of America, Noma, Mar, Washington Commanders, Dakar NOLA, Texas :, James Beard Foundation, The New York Times, D.C, Albi Restaurant, Washington Post, New York Times, Nikko, SC, Comfort, Dakar, Caracas Bakery, Lula, Woodford Food & Beverage, Beverages, Social Haus, UT, New, Pacific, PR Locations: New Orleans, Ethiopia, Washington ,, Chicago, New York, Copenhagen, Washington, Perry’s, Portland , Oregon, Wilmington , North Carolina, Texas, Texas : West Texas, Marfa, Mixtli, San Antonio, Detroit , MI, Seattle, WA, Greenleaf, Ansanm, Milford, Wolfeboro, NH, The Wells, Boulder, Portland, Wilmington , NC, Albi , Washington, The, Lucia, Dallas ,, Albi, Washington , DC, Santa Fe, Marfa , TX, San Antonio , TX, Springs, , New York, NY, Pancita, Kultura, Charleston, Southern Junction, Buffalo , NY, Waitsburg, Lockhart , TX, Carmel, CA, Dorchester, MA, Dakar NOLA , New Orleans, LA, Hayward, McMinnville, Orlando, FL, Nashville, TN, Nixta , Minneapolis, MN, Shan, Bozeman, Albuquerque, NM, Long Beach , CA, Hudson, Bakery, Caracas, Doral, Miami, Phoenix, AZ, Elske, IL, Son, Raleigh , NC, Dallas , TX, Columbia, San Francisco , CA, Anaheim , Anaheim , CA, , Washington, Buffalo, Montpelier, VT, Baltimore, , New Orleans, Brownsville , TX, San Francisco ,, California, Burdell, Oakland, Calistoga, Los Angeles , CA, San Diego , CA, Kru, Sacramento, Lakes, MI, Cleveland, Mita’s, Cincinnati, Indienne, Clawson , MI, Esmé, NJ, PA, Philadelphia, Fenwick, Bas Rouge, Easton, KS, MO, Khâluna, Minneapolis, St, Louis, EsterEv, Milwaukee , WI, Hai Hai , Minneapolis, Omaha, UT, Greenough, MT, Salt Lake City, Rootstalk, Breckenridge, Denver, Urban, Sofreh, Brooklyn, Kono , New York, Harana, Accord, Clover Hill, RI, Cambridge, Dolores, Providence , RI, Leeward, Burlington, Island, MÄS, Ashland, kann, Musang, KY, NC, The Hackney, Washington , NC, Talat, Atlanta, West Columbia, Maty’s, Elvie’s, Verde Mesa, San Juan, Saffron , New Orleans, Bacanora, Oklahoma City, Henderson, NV, Mesa, Tatemó, Houston , TX, Austin , TX, Mission

☆ We asked Gwyneth Paltrow about her longevity routine and were shocked by what she said
▼ + stars: | 2024-03-13 | by ( Rachel Hosie | Kashmira Gander | ) www.businessinsider.com time to read: +7 min

But Paltrow doesn't share the same desire as longevity bros to halt or even reverse aging. And Paltrow also says she walks, which plenty of evidence has linked to a long, healthy life. "I want a nice, long, healthy life, but I'm not looking to live to 165 or anything like that." Paltrow's morning routine has evolved as she's agedAs longevity experts will tell you, living a long life mostly involves doing boring stuff, like eating vegetables and sleeping well, consistently. Gwyneth Paltrow pictured with her mother and father at the 1999 Ocars, where she won the Academy Award for best actress.

Persons: Gwyneth Paltrow, She's, Paltrow, Bruce Paltrow, Blythe Danner, Oscar, hasn't, Rachel Murray, she'll, Bryan Johnson, Everybody's, Gwyneth Paltrow Paltrow's, I'm, Brad Pitt, Lucy Nicholson, it's, I've, Tracy Anderson's, Gwyneth Organizations: Business, Netflix, Getty Locations: Rome

☆ Stellan Skarsgård would rather sit for 8 hours naked in the makeup chair than do CGI
▼ + stars: | 2024-03-01 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +10 min

To play the corpulent evil Baron Vladimir Harkonnen in "Dune: Part Two," the 72-year-old Swede spent eight hours a day in the makeup chair. When it came time to choose between wearing prosthetics or simply doing his scenes with motion-capture dots on his face, Skarsgård opted for hours in the makeup chair. AdvertisementOn doing silly takes with Robin Williams and doing stunts with F1 drivers(L-R) Robin Williams and Stellan Skarsgård in "Good Will Hunting." Is it true Robin Williams pranked you on one take during filming and suddenly started improvising and talking like Jack Nicholson and Robert De Niro? Skarsgård didn't mind that "The Girl with the Dragon Tattoo" director David Fincher wanted "25 takes" for scenes(L-R) Daniel Craig and Stellan Skarsgård in "The Girl with the Dragon Tattoo."

Persons: he's, Baron Vladimir Harkonnen, Swede, Skarsgård, Skarsgard, Skarsgåard, David Fincher, Robin Williams, Stellan, Bitt, You've, Lars von Trier, Helena Bonham Carter, Emily Watson, Lars, Von Trier, Robin Williams pranked, Jack Nicholson, Robert De Niro, Gus Van Sant, Robin, John ] Frankenheimer, Princess Di, Mia, Julia Walters, lala lala, Phyllida Lloyd —, you've, Daniel Craig, Milos Forman, Oppenheimer Organizations: Business, Warner Bros, Pirates, Miramax, Porsche, Sony, Hollywood Locations: Caribbean, Sweden, Stockholm, Helena, London, —

☆ Critics are hailing FX's 'Shōgun' as the next 'Game of Thrones'
▼ + stars: | 2024-02-27 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +6 min

"Shōgun," created by Rachel Kondo and Justin Marks, takes place at the turn of the 17th century in Japan. Hiroyuki Sanada as Yoshii Toranaga in the series premiere of "Shōgun." The Washington Post's Lili Loofbourow wrote that "Shōgun" will draw comparisons to "Game of Thrones" because it has a "proven combination of gorgeous set pieces, moral ambiguity, cliffhangers (literally, in one case!) According to critics, however, FX's "Shōgun" more effectively shifts the focus to the story's cast of Japanese characters. AdvertisementReviews praised Hiroyuki Sanada's performance as Toranaga YoshiiHiroyuki Sanada as Yoshii Toranaga in "Shōgun."

Persons: —, James Clavell's, Rachel Kondo, Justin Marks, John Blackthorne, Yoshii Toranaga, Hiroyuki Sanada, Katie Yu, Alan Sepinwall, Nick Hilton, Lili Loofbourow, Loofbourow, Cosmo Jarvis, Anna Sawai, Time's Judy Berman, Mike Hale, Toda Mariko, IGN's Samantha Nelson, Sanada, Hiroyuki Sanada's, Yoshii Hiroyuki Sanada, Stone's Sepinwall, Today's Kelly Lawler, IGN's Nelson, Toranaga, Critics, IndieWire's Ben Travers, Travers, Rebecca Nicholson, Yuka Kouri, Kurt Iswarienko, Variety's Alison Herman, showrunners Marks, Jonathan van Tulleken, Helen Jarvis, Carlos Rosario Organizations: Service, Hulu, Disney, Taiko, Regents, Business, Thrones, FX, New York Times Locations: United Kingdom, Japan, Kanto, Washington, Osaka, Hulu

☆ Analysis: Taylor Swift would win any popularity contest against MAGA
▼ + stars: | 2024-02-18 | by ( Harry Enten | ) edition.cnn.com time to read: +12 min

Taylor Swift performs at the Staples Center in Los Angeles in 2015. From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009. Ethan Miller/Getty Images Swift performs onstage at the Staples Center in Los Angeles during her 1989 tour in 2015.

Persons: CNN — It’s, Donald Trump, Taylor Swift, Joe Biden’s, Swift, she’s, Trump, Oprah Winfrey, Michael Smerconish, Winfrey, Barack Obama, Obama, Hillary Clinton, Christopher Polk, Scott, Andrea Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, Taylor, I'm, West, Beyonce, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, Travis Kelce, Patrick Smith, propping, It’s, birther, There’s Organizations: CNN, Monmouth University, Marist College, Trump, Democratic, Biden, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, Getty, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Kansas City Chiefs, Chiefs, AFC, Super, Swift, Republicans, NFL, Republican Locations: America, Monmouth, Los Angeles, West Reading , Pennsylvania, Philadelphia, Las Vegas, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, Germany, London, Arlington , Texas, Tampa, Chicago, Atlanta, United States, Hawaii

☆ Inside Twitter's first-ever company retreat: Jack Dorsey's parents posed for selfies, Elon Musk was a no-show, and employees meditated with the billionaire founder
▼ + stars: | 2024-02-15 | by ( Kurt Wagner | ) www.businessinsider.com time to read: +11 min

Jack Dorsey once led a Twitter company retreat to boost employee morale and set a vision for the company. Had Dorsey opened his eyes, he would have seen nearly all of Twitter's 3,500 employees facing him in their own noiseless trance. From the convention center floor where they all sat looking up at the stage, Dorsey was just a silhouette, like a statue of a skinny Buddha. It was July 31, 2018, the first day of #OneTeam, Twitter's first-ever company-wide retreat. "BATTLE FOR THE BIRD: Jack Dorsey, Elon Musk, and the $44 Billion Fight for Twitter's Soul" by Kurt Wagner.

Persons: Jack Dorsey, Elon Musk, Kurt Wagner, —, Dorsey, Twitter's, Marcia, Louis, Jay Rock, Getty Dorsey, Twitter, Leslie Berland, She'd, coaxing Dorsey, unapproachable, wasn't, humanize Dorsey, Tim, Bruce Falck, Ned Segal, JP Maheu, Del Harvey, I'm, Elon, hadn't, Lucy Nicholson, Musk, Simon Organizations: Service, Moscone Center, Twitter, Employees, American Express, Trust, Safety, Simon & Schuster, Bloomberg Locations: San Francisco's, San Francisco, St, @Twitter

☆ With a low cocoa supply, this Valentine’s Day chocolate prices are up
▼ + stars: | 2024-02-12 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

Rising cocoa prices aren’t the only concern for customers this Valentine's Day. Last Thursday, Hershey Co. said it would cut 5% of its workforce after historic cocoa prices and inflation-weary consumers dampened fourth quarter earnings. “And it looks like it’s not necessarily going to subside anytime soon.”The Supreme Valentine’s Day SweetRoughly 92% of Americans say they plan to share chocolate and candy for Valentine’s Day this year, according to the National Confectioners Association. In 2023, Valentine’s Day chocolate and candy sales exceeded $4 billion, the NCA says. Issaka said that while high demand and low supply raise prices, cocoa farmers are getting squeezed.

Persons: ”, Michele Buck, Billy Roberts, ” Roberts, Lindsey Nicholson, Marnie Ives, Ives, ” Ives, “ It’s, Karl Schneider, Roberts’s, Issifu, Issaka, ” Issaka, “ I’m, Cote, Will Kletter, Sabi Ibarra Guerrero, Uwe Gneiting, Gneiting, Joke Aerts, Aerts, ” Aerts, Sia Kambou, Price, Tony’s, “, they’ve, CNN’s Eva Rothenberg Organizations: CNN, Hershey Co, National Confectioners Association, NCA, Cocoa, Oxfam America, Getty, Fairtrade, Cote d’Ivoire, “ Locations: West Africa, North America, Manhattan, Queens , New York, Neck, NY, Bloomfield , NJ, Ghana, North Region, Cote d’Ivoire, Silicon, Africa, Accra, Cote, Hermankono, AFP

☆ ‘True Detective’ Season 4, Episode 5 Recap: Dots Finally Connect
▼ + stars: | 2024-02-09 | by ( Scott Tobias | ) www.nytimes.com time to read: +2 min

This week’s recap is posting earlier than usual because the episode premiered Friday on Max. Season 4, Episode 5: Part 5She’s awake. After last week’s episode spend too much time fussing over underdeveloped subplots and supernatural occurrences, this week’s hour snaps to attention like a procrastinating student who had been putting off a term paper. Their only feasible guide is Otis, a cagey German heroin addict with scorched eyeballs who once mapped the caves. They manage to get to base of the cave, but it is on mine company property and the entrance has been blown to pieces.

Persons: Max, ”, Danvers, Navarro, Annie K, Jack Nicholson, Raymond Clark Locations: Ennis, Chinatown

“What we’ve seen with the Taylor Swift tour is something that we’ve not really seen before,” said Richard Clarke, an analyst at investment firm Bernstein. Taylor Swift performs at the Staples Center in Los Angeles in 2015. From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009.

Persons: Tokyo CNN —, Taylor, Travis Kelce, Taylor Swift, we’ve, ”, Richard Clarke, Bernstein, “ It’s, TikTok she’d, curating, Kane Ishiyone, Swift, –, Ishiyone, Richard A, Brooks, Clarke, “, that’s, Christopher Polk, Scott, Andrea Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, I'm, West, Beyoncé, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, David Eulitt, Mitsumasa Etou, Akazawa, haven’t, It’s, Michele Bullock Organizations: Tokyo CNN, People, Kansas City Chiefs, Taylor, Getty, Super Bowl, Chicago Bears, dateline, Vegas, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Arrowhead, Chiefs, NET, Tokyo City University, Fuji, Tokyo, Reserve Bank of Australia, Reuters Locations: Tokyo, Las Vegas, Philippines, Fukuoka, Japan, Germany, Austria, Netherlands, Shibuya, AFP, Asia, Washington, Las Vagas, Los Angeles, West Reading , Pennsylvania, Philadelphia, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, London, Arlington , Texas, Tampa, Chicago, Atlanta, Kansas City , Missouri, Asia Pacific, Singapore, Australia, East Coast

☆ Jennifer Crumbley's affair will now be allowed as evidence in Michigan school shooting trial
▼ + stars: | 2024-02-01 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Read previewThe jury in Jennifer Crumbley's manslaughter trial is hearing evidence about her Costco parking lot love affair after the judge on Wednesday reversed her decision to keep it out of court. Jennifer and James Crumbley face involuntary manslaughter charges in connection with the Oxford High School shooting in November 2021 carried out by their son. The Crumbleys originally planned to stand trial together but in November requested separate trials after prosecutors claimed in court filings that Jennifer Crumbley blamed her husband for the shooting. At the time, the judge ruled that evidence of the affair would not be allowed at trial. But that ruling was reversed on Wednesday after Brian Meloche — the firefighter with whom Jennifer Crumbley was having the affair — testified .

Persons: —, Jennifer Crumbley's, Jennifer, James Crumbley, Jennifer Crumbley, Brian Meloche, Shannon Smith, Crumbley, Meloche, Smith, he'd, Julie Nicholson, Nicholson, She's isn't Organizations: Service, Oxford High School, Business, Prosecutors

☆ Meta's retreat from news accelerated in 2023, leaving publishers scrambling for traffic
▼ + stars: | 2024-01-22 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +14 min

At Mother Jones, a 48-year-old nonprofit magazine specializing in politics and investigations, the implications were dramatic. "The firehose of Facebook traffic was never going to pay for our journalism, for the majority of our journalism," Bauerlein said. Last decade, many publishers saw their "social traffic decline pretty dramatically," with Facebook deprioritizing text-based articles in favor of video content, Cholke said. "If we all end up finding news in the metaverse, then you'll be finding Mother Jones in the metaverse," she said. What Mother Jones won't do, she said, is "bet everything on one platform, because that never works out."

Persons: Mark Zuckerberg, Sen, John Kennedy, Bill Clark, Reuters Mother Jones, Monika Bauerlein, Mother Jones, Meta, Donald Trump, Bauerlein, Jill Nicholson, Nicholson, Zuckerberg, David Carr, Carr, We've, Meta hasn't, It's, Similarweb, Sam Cholke, John S, Adams, Jonah Peretti, " Peretti, Jessica Probus, BuzzFeed's, BuzzFeed, Probus, Cholke, that's, Chartbeat's Nicholson, Mathew Ingram, Facebook, Ingram, Pew, Elisa Shearer, influencers, Jones Organizations: Facebook, Reuters, Mother, CNBC, Google, Meta, Daily, Comcast, Vice Media, Institute for Nonprofit News, Texas Tribune, Montana Free Press, The Texas Tribune, Institute for Nonprofit, Longtime, Columbia Journalism, Pew Research Center, Pew Locations: Washington, France, Germany, Australia, Helena, American

☆ What Wall Street bosses from Goldman Sachs to JPMorgan are saying about the jobs outlook for 2024 in investment banking, wealth management, and more
▼ + stars: | 2024-01-16 | by ( Emmalyse Brownstein | Alex Morrell | Reed Alexander | ) www.businessinsider.com time to read: +11 min

Last year, banks opened 2023 by forecasting layoffs, including for the investment bankers who suddenly had nothing to do following the pandemic-era M&A and IPO boom. Citigroup kicked off 2024 ominously, warning that it will lay off as many as 20,000 employees by 2026. The bank expects 2024 expenses to increase further to total $90 billion, up $2.8 billion from 2023, and much of that will be focused on hiring. CFO Barnum on Friday said the bank is gearing up for a "rebound in the investment banking wallet." Headcount declined 3% to 80,006 from 82,427, while compensation expenses rose to $24.5 billion from $23 billion.

Persons: It's, it's, Jane Fraser, Jeremy Barnum, JPMorgan Chase Jamie Dimon, JPMorgan Chase, Alex Wroblewski, JPMorgan's headcount, Barnum, Friday, Patrick T, Fallon, —, Fraser, Q, Goldman Sachs Goldman Sachs, David Solomon, BRENDAN MCDERMID, Goldman Sachs, Denis Coleman, Coleman, Goldman, Bank of America Brian Moynihan, Robert Galbraith, headcount, BofA, Alastair Borthwick, execs, they've, Brian Moynihan, Wells Fargo Charles Scharf, Lucy Nicholson Wells Fargo, Michael Santomassimo, Charlie Scharf, Santomassimo, BlackRock Larry Fink, Fink, Kapito, Morgan Stanley Ted Pick, Morgan Stanley, Jeenah, Headcount, Morgan, Ted Pick, Sharon Yeshaya, Blackstone Steven Schwarzman, Blackstone, Gonzalo Fuentes Organizations: Business, Citigroup, JPMorgan, Citi, BlackRock, Blackstone, Getty, AlphaSense, Citigroup Citigroup, Bank of America, REUTERS, Robert, Robert Galbraith Bank of America's, Reuters, AP BlackRock, Global Infrastructure Partners Locations: Wall, headcount, Wells Fargo

☆ After Munger's death, Berkshire succession comes into focus
▼ + stars: | 2023-11-29 | by ( Jonathan Stempel | ) www.reuters.com time to read: +6 min

[1/4] Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. Munger's death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett's top advisers and sounding boards. At the 2021 annual meeting, Jain was asked how he and Abel interact with each other. "You don’t need them to be as good as Buffett or Munger to make Berkshire a good company and arguably a great company." "It particularly doesn't feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here," Buffett said.

Persons: Charles Munger, Lucy Nicholson, Berkshire, Charlie Munger, Warren Buffett, Buffett, Munger, Munger's, Greg Abel, Ajit Jain, Abel, Jain, Warren, Charlie, Bill Stone, Howard Buffett, Todd Combs, Ted Weschler, Bill Smead, Whitney Tilson, Munger didn't, Jonathan Stempel, Megan Davies, Paritosh Bansal, Stephen Coates Organizations: Berkshire Hathaway, Daily, REUTERS, Berkshire Hathaway's, Berkshire, BNSF, Investors, Glenview Trust, Berkshire Hathaway Energy, University of Alberta, PricewaterhouseCoopers, Energy, MidAmerican's, Apple, Smead Capital Management, Kase Capital, Thomson Locations: Los Angeles , U.S, Berkshire, Omaha , Nebraska, Munger, Glenview, Edmonton, Alberta, Indian, Odisha, Phoenix, Woodstock, Omaha, New York

☆ Charlie Munger, who was Warren Buffett's right-hand man at Berkshire, dies at 99
▼ + stars: | 2023-11-28 | by ( Jonathan Stempel | ) www.reuters.com time to read: +6 min

[1/3] Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. The death of Munger, a Berkshire vice chairman since 1978, marks an end of an era in corporate America and investing. "It's a shock," said Thomas Russo, a partner at Gardner Russo & Quinn in Lancaster, Pennsylvania, and longtime Berkshire shareholder. PHILOSOPHICALLY ALIKESince becoming a Berkshire vice chairman, Munger worked closely with Buffett on allocating Berkshire's capital and not mincing words when he thought his business partner was making a mistake. Money manager Whitney Tilson, who knew Munger personally, said a "generation of investment managers" learned some of their craft from Munger and Buffett.

Persons: Charles Munger, Lucy Nicholson, Warren Buffett's, Charlie Munger, Munger, Berkshire Hathaway, Buffett, Thomas Russo, Gardner Russo, Quinn, Rick Meckler, Charlie, Warren, Paul Lountzis, Whitney Tilson, Tilson, Greg Abel, Ajit Jain, Abel, Buffett's, Howard, CHARLIE, Jain, Lountzis, Russo, Jonathan Stempel, Lewis Krauskopf Svea, Bayliss, Chibuike, Megan Davies, Rosalba O'Brien, Lisa Shumaker Organizations: Berkshire Hathaway, Daily, REUTERS, Cherry Lane Investments, Lountzis, Management, BNSF, Apple, Thomson Locations: Los Angeles , U.S, Berkshire, California, America, Omaha , Nebraska, Lancaster , Pennsylvania, Munger, New Jersey, Wyomissing , Pennsylvania, Omaha, Warren, New York

☆ How ‘Terms of Endearment’ Brought a Mother and Daughter Closer
▼ + stars: | 2023-11-24 | by ( Dina Gachman | More About Dina Gachman | ) www.nytimes.com time to read: +2 min

We related to the mother-daughter dynamic of wanting to murder each other one moment, and cuddling in bed giggling the next. Since we knew the neighborhood Aurora lived in, the affluent River Oaks, we felt a kinship with the characters, as if they existed within our universe. Mostly, we bonded over the film’s message that levity and sorrow can, and should, coexist. The theme is just part of the fabric of the movie, like Aurora’s petal pink décor or Emma’s messiness. At the time, Brooks said the adaptation of the novel ended up being the toughest thing he had ever written.

Persons: Aurora, “, ” MacLaine, Brooks, Mary Tyler Moore, ”, ” Brooks, Nicholson Locations: New England, Texas, Oaks

☆ A Home Asking $49 Million Could Smash the Price Record on Hawaii’s Big Island
▼ + stars: | 2023-11-23 | by ( Sarah Paynter | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. With an asking price of $49 million, a Hawaii home is aiming to become the most expensive residence ever sold on the state’s Big Island, according to listing agent Carrie Nicholson of Hawaii Life.

Persons: Carrie Nicholson Locations: Hawaii

☆ US durable goods orders fall on weakness in transportation equipment sector
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +3 min

Durable goods are seen on sale in a store in Los Angeles, California, U.S., March 24, 2017. Economists polled by Reuters had forecast durable goods orders would decline 3.1%. Durable goods orders rose 4.0% on a year-over-year basis in October. These so-called core capital goods orders were previously reported to have risen 0.5% in September. Business spending on equipment spending contracted in the third quarter.

Persons: Lucy Nicholson, Detroit's, Lucia Mutikani, Paul Simao Organizations: REUTERS, Rights, United Auto Workers, UAW, Data, Reuters, Manufacturing, General Motors, Ford, Chrysler, Civilian, Boeing, Machinery, Thomson Locations: Los Angeles , California, U.S, Department's

☆ Nomura says 2024 will probably be a great time to diversify out of 'U.S. exceptionalism'
▼ + stars: | 2023-11-21 | 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 EmailNomura says 2024 will probably be a great time to diversify out of 'U.S. exceptionalism'Gareth Nicholson, chief investment officer of international wealth management at Nomura, suggests investors "move some money towards Asia."

Persons: Nomura, exceptionalism, Gareth Nicholson Organizations: Nomura, Asia Locations: U.S

☆ ‘Wish’ Review: The Sorcerer’s Disgruntled Apprentice
▼ + stars: | 2023-11-21 | by ( Amy Nicholson | ) www.nytimes.com time to read: +2 min

Until Asha flubs a job interview with Magnifico and realizes his flaw. The solution is the same as in every Disney cartoon: our heroine runs up a hill, hair swinging, and belts a ballad about longing. Oddly — and rather fascinatingly — this is a film about a spiritual revolution. Can Asha, a humanist, convince the islanders to reject the man in the embroidered robe who preaches that he alone is a conduit for miracles? “You’d think they’d all be content.”WishRated PG for neon-green depictions of black magic.

Persons: Asha flubs, Magnifico, Natasha Rothwell, Victor Garber, —, cribbed, Alan Tudyk, Asha, I’m, Benjamin Rice, Julia Michaels, “ Organizations: Disney Locations: E.T

☆ Billionaire Asness says he is 'more a bond guy' at this moment
▼ + stars: | 2023-11-16 | by ( Carolina Mandl | ) www.reuters.com time to read: +2 min

Cliff Asness, Co-Founder, Managing Principal and Chief Investment Officer of AQR Capital Management, speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsNEW YORK, Nov 16 (Reuters) - Billionaire quant investor Cliff Asness said on Thursday that he currently favors bonds over equities, given the returns that U.S. Treasuries are offering. "I'm more of a bond than a stock guy at this point," the founder principal of AQR Capital Management said when asked about his asset preferences at a virtual event hosted by Brazilian bank Banco Bradesco. "Bonds are starting to look pretty, pretty reasonable. Asness added he believes U.S. stocks are unlikely to repeat the same valuation growth they posted in the last 30 years.

Persons: Cliff Asness, Lucy Nicholson, Bonds, Asness, Carolina Mandl, Jonathan Oatis, Nick Zieminski Organizations: AQR Capital Management, Milken Institute Global Conference, REUTERS, Banco Bradesco, Treasury, Reserve, Carolina, Thomson Locations: Beverly Hills , California, U.S, Banco Bradesco . U.S, New York

The big-box retailer's stock has lost a quarter of its value in a turbulent year marked by elevated inflation. Shoppers have focused on food and essentials purchases while spending less on home goods, electronics, toys and apparel. Target sales declined by an average 7% in August and September alongside declines in transaction count and value, TD Cowen said in a note ahead of its earnings. On Wednesday, Target forecast adjusted earnings to land between $1.90 and $2.60 per share in the fourth quarter. It also expects holiday-quarter comparable sales to decline in the mid-single-digit percentage range, compared with expectations of a 3.97% drop.

Persons: Brian Cornell, Cornell, TD Cowen, Kendra Scott, Lucy Nicholson, Brian Mulberry, Price, Dave Wagner, Siddharth Cavale, Ananya Mariam Rajesh, Matthew Lewis, Chizu Nomiyama, Nick Zieminski Organizations: Target, Shoppers, Schwarz, Azusa , California U.S, REUTERS, Zacks Investment Management, Walmart, Consumer, Retail's, . Commerce Department, Aptus Capital Advisors, Thomson Locations: Azusa , California, New York, San Francisco, Seattle, Portland , Oregon, Bengaluru

☆ Target CEO claims customers are saying 'a big thank you' for locking up merchandise
▼ + stars: | 2023-11-15 | by ( Courtney Reagan | ) www.cnbc.com time to read: +2 min

In this article TGT Follow your favorite stocks CREATE FREE ACCOUNTwatch nowAs Target tries to fight theft at its stores, it has left customers frustrated to find many everyday items locked up. Still, the retailer's CEO, Brian Cornell, claimed many shoppers are actually grateful to see their body wash, toothpaste and deodorant behind a glass panel. Target CEO Brian Cornell. Like other retailers, Target has put many items in locked cases in stores where theft is a bigger problem. Locked up merchandise, to prevent theft in Target store, Queens, New York.

Persons: Brian Cornell, Courtney, I've, we've, Scott Mlyn, Cornell, it's, Lindsey Nicholson Organizations: CNBC, Cornell, CNBC CNBC, Target, Universal, Getty Locations: East, West, New York City, Bay, California, Seattle, Portland , Oregon, Queens , New York

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