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☆ A millennial with side hustles as a startup founder booking 6 figures and a professional dancer shares her tips for balancing both
▼ + stars: | 2024-04-14 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Danielle Shultz is a professional dancer and runs her own corporate wellness business. Her business, Triangle Sessions, has landed contracts with Google, Meta, and Deloitte. She also runs her startup Triangle Sessions, which offers corporate wellness and team-building events. When she's not at dance rehearsal, Shultz teaches Triangle Sessions classes on topics like relaxation and terrarium building. Danielle Shultz, 36, is a dancer with The Metropolitan Opera and runs her own corporate wellness business.

Persons: Danielle Shultz, Shultz, —, Zers, Bankrate —, she's, I've, Robert Nickelsberg, It's, Schulz Organizations: Triangle, Google, Deloitte, Service, Metropolitan Opera, YouGov, Triangle Sessions, The, Sessions Locations: Philadelphia, New York City, York

☆ Massive genocide trial reopens old wounds in Guatemala, 40 years after indigenous slaughter
▼ + stars: | 2024-04-13 | by ( Tara John | Ivonne Valdés | ) edition.cnn.com time to read: +12 min

In 2018, a Guatemalan court ruled that the army committed acts of genocide, but no one was convicted. Lucas García, 91, was meant to face trial this year with former military intelligence chief Manuel Callejas y Callejas. Robert Nickelsberg/Archive Photos/Getty ImagesBurt said this “expression of racism is extremely profound,” and its knock-on effects are evident in Guatemala today. Survivors from the civil war gather outside the Supreme Court, prior to a hearing in the Ixil Genocide trial, in Guatemala City, Guatemala March 25, 2024. When the trial was due to start at the end of March, Lucas García’s lawyers announced their resignation.

Persons: CNN — Juan Brito López, Brito López, Manuel Benedicto Lucas García, Lucas García, Benedicto Lucas Garcia, Johan Ordonez, Lucas García’s, AJR, Fernando Romeo Lucas García, “ Lucas García, Manuel Callejas y, Callejas, Jesús Silvio, Romeo Lucas García’s, ” Jo, Marie Burt, ”, Robert Nickelsberg, Burt, Efrain Rios Montt, Tiziano Breda, Claudia Paz y Paz, CICIG, ” Silvio, ” Will Freeman, Cristina Chiquin, Bernardo Arévalo, Public Ministry –, Consuelo Porras , hasn’t, Michelle Liang, “, Brito López’s, Catarina Chel, tormenter, Silvia, ” CNN’s Tara John, Ivonne Valdés Organizations: CNN, United, Getty, Association for Justice, Reconciliation, Human, Washington Office, UN, Guatemalan Army, “, Central American, International, Commission, Council, Foreign Relations, Reuters CNN, Public Ministry, US, Network, Solidarity, ” CNN Locations: Pexla, Guatemala City, United Nations, Guatemalan, Guatemala, America, ”, Santa Cruz de Quiche, of Guatemala, New York, Mexico City

☆ Department stores face another squeeze. This time, with store credit card revenue
▼ + stars: | 2024-04-10 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

For fiscal year 2023, credit card revenue totaled $619 million for Macy's and approximately $475 million for Nordstrom . The three companies do not break out how much of total credit card revenue comes from late fees. All of that adds up to dwindling credit card revenue for retailers, who can now expect to see it shrink even further. Target's credit card revenue fell to $667 million last year, down from $734 million in the prior fiscal year. Gap does not disclose credit card revenue, but its Chief Financial Officer, Katrina O'Connell, said on an earnings call that losses from late fees will be "largely offset in 2024 by other levers within our credit card program."

Persons: Robert Nickelsberg, it'll, Jane Hali, Kohl's, David Silverman, Silverman, —, Michael Fiddelke, Macy's, Adrian Mitchell, It's, Nordstrom, Katrina O'Connell Organizations: Getty Images Department, Consumer Financial, Bureau, Associates, Nordstrom, Fitch, TD Bank, Shoppers, Adobe Analytics, Citi, Sam's Locations: New York City

☆ In this fast-paced bull market, we're increasing our Club price targets on 4 stocks
▼ + stars: | 2024-02-15 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Following last week's $120-per-share price target hike to $750 on strong earnings, we're raising our PT again Thursday to $850. Even at our new $850 price target, Lilly shares still represent a lower PEG than we've seen historically but that provides some margin of safety. Costco price target hike to $770 from $680 Costco also trades at a premium valuation, but we think it's warranted due to the company's reliability and consistency. Salesforce price target hike to $320 from $275 Salesforce is a Club name we recently highlighted in our 10 undervalued stocks commentary . Palo Alto Networks price target change pending Lastly, we are aware that our price target on Palo Alto Networks requires an update as well.

Persons: It's, Eli Lilly, Lilly, Salesforce, –, There's, Jim Cramer's, Jim Cramer, Jim, Robert Nickelsberg Organizations: Wall, PT, Novo Nordisk, Costco, Microsoft, Broadcom, UBS, VMware, JPMorgan, Palo Alto, Palo Alto Networks, Palo, CNBC, Getty Locations: GLP, AVGO, Palo Alto, Palo, New York City

☆ Costco and TJX crushed rivals in an inflationary world. What happens as prices come down?
▼ + stars: | 2024-02-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

Costco and TJX Companies should be able to manage the emerging transition to deflation by leveraging their deep value propositions to get customers to buy more. Average sale prices on other items like TVs have been lower while unit sales have gone higher. Membership fee revenue is some of the glue that allows Costco to keep prices so low. Costco can boost sales in either scenario by "encouraging its members to buy more items to get more savings," Feldman said. Like Costco, Feldman said the off-price retailer would need to increase revenue either through price or number of units.

Persons: won't, Joe Feldman, Jim Cramer, Rich Galanti, Galanti, Feldman, It's, They'll, Jefferies, TJX, We'll, Jim Cramer's, Jim, Robert Nickelsberg Organizations: Costco, TJX, Marshalls, Federal, Fed, Telsey Advisory, Kirkland, CNBC, Costco Wholesale, Getty Locations: Maxx, stoke, TJX, Colchester , Vermont

☆ Why an off-duty pilot who is accused of trying to turn a plane's engines off mid-flight was allowed to sit in the cockpit
▼ + stars: | 2023-10-25 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

An off-duty pilot was charged with trying to turn off a plane's engines while riding in the cockpit. The pilot was sitting in the "jump seat" which gave him easy access to the cockpit's operations. The 'jump seat'Emerson was riding in the plane's cockpit "jump seat" when he began acting strangely, according to federal court documents. "As far as we know, this pilot was perfectly legal and perfectly certified to be riding in the jump seat," Brickhouse said of Emerson. According to a probable cause statement, Emerson told police he had taken the psychedelic mushrooms about 48 hours before he tried to stop the engines.

Persons: —, Joseph Emerson, Emerson, Anthony Brickhouse, Brickhouse, LM Otero, Emerson's, Robert Nickelsberg, Ross Aimer Organizations: Service, Alaska Airlines, Horizon Air, Embry Riddle Aeronautical University, Emerson, Associated Press, AP, Airlines, Aviation Administration, FAA, New York Times, Air Lines, St Paul International Airport, Multnomah County Circuit, Industry Locations: Everett , Washington, San Francisco , California, Dallas Fort Worth, Grapevine , Texas, Emerson's, Minneapolis, Minneapolis , Minnesota, Multnomah County

☆ Cavendish bananas face extinction and not all experts agree on how to save it
▼ + stars: | 2023-10-22 | by ( Rupendra Brahambhatt | ) www.businessinsider.com time to read: +8 min

Cavendish, the most commonly available banana variety, is facing the risk of extinction. A fungal disease threatens to wipe Cavendish bananas off the face of the Earth. Why Cavendish bananas dominate the global marketThere are over 1,000 varieties of bananas, but about 47% that humans eat are Cavendish bananas (Musa acuminata). Fajri Ramadhan / 500px / Getty ImagesPanama disease is a serial banana killerWhat's happening to Cavendish bananas has happened before to another popular banana variety called Gros Michel. How scientists are trying to save the CavendishSome plant pathologists don't believe that the Cavendish banana will meet the same fate as Gros Michel.

Persons: Cavendish, —, Dan Koeppel, Fajri, Gros, Gros Michel, James Dale, Robert Nickelsberg, Dale, Koeppel, COZZI, Price Organizations: Service, Queensland University of Technology, TR4, Gros, University of Cambridge, Taiwan Banana Research Institute, Apple, Cavendish Locations: Cavendish, Musa, Panama, Darwin, Australia, Queensland, India, China, East, Africa, South America, QCAV, freezers

☆ Strong retail sales in the face of stubborn inflation bodes well for two of our consumer stocks
▼ + stars: | 2023-09-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

This week's government economic data revealed pockets of durable consumer spending despite sticky inflation, signaling a favorable quarter ahead and further upside for two of our retail stocks. Since Amazon is the largest e-commerce retailer, the government data suggests Amazon sales in the third quarter should be positive sequentially. Case for Costco Strong August retail sales numbers also bode well for Costco which essentially sells most items listed in the government's dataset. According to Jim, Costco has been doing so well because "the consumer seems very intrigued by bargains," as they've dealt with high inflation for over a year. For August, Costco said U.S. sales rose 2.8% from a year ago, slightly edging out the year-over-year, inflation-adjusted 2.5% gain in U.S. retail sales overall, reported by the Commerce Department.

Persons: we're, Morgan Stanley, Amazon's, Jim Cramer, bode, Jim, Jefferies, Costco's Kirkland, Jim Cramer's, Robert Nickelsberg Organizations: Texas, Costco, Amazon, Deal, Management, Commerce Department, Jefferies, Telsey Advisory, CNBC, Costco Wholesale, Getty Locations: U.S, Colchester , Vermont

☆ Insider Today: Big banks are screwed
▼ + stars: | 2023-09-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

It's the latest example of the pressure big banks are under to keep their place atop Wall Street. Before the announcement, the bank's share price was down almost 9% this year, trailing all of its fellow big bank peers in the US except Bank of America. Citi's overhaul represents how big banks are scrambling to stay on top of a financial world passing them by. CEO Jamie Dimon recently quipped he "wouldn't be a big buyer of a bank" in reference to proposed regulations requiring big banks to keep more money on the sidelines. Whether it's fintechs or so-called shadow banks, there's no shortage of players looking to offer services previously dominated by big banks.

Persons: that'll, isn't, Mike Kemp, Insider's Jennifer Sor, Jane Fraser, Fraser, Fraser isn't, she's, Michael Corbat, Citi's reorg, Goldman Sachs, David Solomon, Rebecca Ungarino, Wells, Charlie Scharf, JPMorgan — isn't, Jamie Dimon, it's, Robert Nickelsberg, Morgan Stanley, — isn't, Arantza Pena Popo, Nicole Zaridze, Elon Musk, Post Malone, —, Hunter Biden, Garrett Ziegler, Paul Morigi, Biden's, Joey Hadden, I've, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Citigroup, Getty, Bank of America, JPMorgan, Independence, Apple, Post, SEC, Trump, Wikimedia, Motors, Ford, Nintendo Locations: Wall, Silicon, Seattle, New York City, China, Boxabl, Michigan, San Diego, London, New York

☆ The war against inflation is a long way away from being won
▼ + stars: | 2023-07-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

But those data points reflected relative rates of change, not capturing the overall surge that led to the highest inflation level in more than 40 years. The 12-month PPI reading had peaked at an annual rate of 11.6% in March 2022, its highest ever in data going back to November 2010. "Near-term price inflation may do little to contradict rising Fed official and market hope that a benign outcome is being achieved." For their part, Fed officials have indicated they see their benchmark rate rising by at least half a percentage point by the end of the year. So-called core inflation rose 0.2% in June and was tracking at a 4.8% annual rate, much higher than the Fed would like.

Persons: Robert Nickelsberg, Jared Bernstein, Sharp, Andrew Hollenhorst, Hollenhorst, Jerome Powell, That's Organizations: Hannaford, Financial, White House's Council, Economic Advisers, CNBC, Labor Department, Citigroup, Energy, of Labor Statistics Locations: South Burlington , Vermont

☆ Tell Us About Your Experience With Coinbase
▼ + stars: | 2023-06-06 | by ( Dave Michaels | ) www.wsj.com time to read: 1 min

A Coinbase sign in New York City. Photo: Robert Nickelsberg/Getty ImagesAre you a Coinbase shareholder? In the form below, tell us about how you came to own the shares and what you plan to do with them now. A Wall Street Journal reporter may reach out to you.

Persons: Robert Nickelsberg Locations: New York City

☆ Here’s the inflation breakdown for April 2023 — in one chart
▼ + stars: | 2023-05-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Where consumers saw prices fall in AprilConsumers saw average prices decline outright in April in certain categories. Housing — the largest component of the average household's budget — was the largest contributor to inflation in April, the BLS said. watch now"It looks like inflation in the [shelter] category has peaked," Andrew Hunter, senior U.S. economist at Capital Economics, said. Overall, households are faring much better than they were months ago relative to inflation in staples like food, energy and housing, according to Zandi at Moody's Analytics. Why inflation surged to multi-decade highsConsumer prices began rising rapidly in early 2021 as the U.S. economy started to reopen after the pandemic-related shutdown.

☆ Here’s what’s getting cheaper at the grocery store
▼ + stars: | 2023-05-10 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

Those menu prices went up by 0.6%. Shoppers started seeing relief in the grocery store in March, when grocery prices fell for the first time since September 2020. In the year through April, food prices went up by 7.7%, with grocery prices jumping 7.1% and menu prices increasing 8.6%. Ham got 6.5% more expensive, poultry prices rose 5%, and fish and seafood rose 2%. Prices in AprilEven though prices food prices overall have been high this year, April was an easier month for shoppers.

☆ Hate your commute? It might actually be good for your mental health, scientists say.
▼ + stars: | 2023-02-07 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

The commute is often seen as a chore, but the pandemic showed it can be good for your mental health. You need protected time to mentally switch gears after work to prevent burnout, two experts said. This happens on two fronts, the researchers said: psychological detachment and psychological recovery. In an unpublished study, the researchers asked 80 university employees to discuss situations when they were able to mentally switch off. Remote workers, who don't tend to have a commute, can also learn to switch off by creating a fake commute for themselves.

☆ Halliburton's stellar Q4 shows strong oil demand can sustain the Club holding through 2023
▼ + stars: | 2023-01-24 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Bottom line Halliburton served up another strong quarter, with a headline earnings beat , strong margin expansion, solid cash flows and a robust outlook. Even better, the management team doesn't expect investments in new oil-and-gas projects to wane any time soon. Given years of material underinvestment in oil-and-gas production in the U.S. and an undersupplied global oil market, management expects demand to sustain the company beyond 2023. Management expects "activity to remain strong and service intensity to increase through 2023." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ The pro-choice movement is jubilant after the midterms turned the anti-abortion tide
▼ + stars: | 2022-11-13 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +9 min

The midterms proved that voters want to defend abortion access. Smith told Insider that, like many others, while she eagerly awaited the midterm results, the young man popped into her head. Timmaraju told Insider that they'd shifted resources over the summer into getting out the vote. "I think the moral of the story is young voters and women voters saved the day, saved Democrats." Melissa Fowler, the chief program officer of the National Abortion Federation, told Insider that, "Now the country has heard loud and clear that people support abortion access.

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