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☆ Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway
▼ + stars: | 2024-04-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +20 min

South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.

Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park

☆ La Huasteca Potosina: This hidden Eden in Mexico won’t stay undiscovered forever
▼ + stars: | 2024-04-08 | by ( Tree Meinch | ) edition.cnn.com time to read: +12 min

The remote landscapes of La Huasteca Potosina – part of the larger La Huasteca region spanning multiple states – include vast desert, lush mountains and rainforest nooks with turquoise rivers and waterfalls. Renting a car in the city of San Luis Potosí provides the most flexibility for visitors to chart their own paths through the state’s La Huasteca region. Corazón de Xoconostle and Auténtico San Luis both offer customized excursions from the city. Or maybe a night in the cozy town of Tamasopo on the western edge of La Huasteca Potosina. The city of San Luis Potosi is worth exploring and is a jumping-off point for a trip to La Huasteca to the east.

Persons: San Luis Potosí, Corazón de, Luna, Media Luna –, Don Juan Merendero, Juvencio Martínez Flores, Erich Schlegel, Luna wasn’t, ”, Saul Martínez Ramírez, Martínez, Puente, Puente de Dios, Dios, Mexico’s, parakeets, Miguel Galarraga, Corazon de Xoconostle, Mark Johanson, Estela Martínez, “, Elena Nilova, Salvador Dali, Edward James, James, Dali, –, Tilda Swinton, La Huasteca, Costanza Organizations: CNN, –, Hotel Media Luna, Chicago Tribune, San, Edward James Sculpture, Getty, W Magazine, La Locations: San Luis, Mexican, Madre, La, Mexico, San, Huasteca, Luis, Ciudad Valles, Media, It’s, Rioverde, Media Luna, ”, Dios, Tamasopo, Puente, Plop, las, Xilitla, Estela Martínez Santiago, San Isidro, Aquismón, Chicago, Sótano, Salvador, there’s, Mexico City, San Luis Potosi, Barrios, El, La Paz

Gould is more bullish than many on Wall Street, as the average price target of analysts polled by LSEG is $484.42. Analyst Harold Antor downgraded the stock to hold from buy and slashed his price target by $4 to $8. Analyst Jeffrey Stantial upgrade the sports betting stock to buy from hold and raised his price target by $5 to $45. Stantial's new price target implies shares can jump 19.9% over the next year from Thursday's close. UBS raised its rating on Texas Instruments to buy and increased its price target to $195 from $170.

Persons: Chipmakers, Wells, Bernstein, PDD, Robin Zhu, Zhu, Temu, there's, Shein, — Alex Harring, Alan Gould, Gould, Jefferies, Hertz, Harold Antor, Antor, There's, Saul Martinez, Martinez, Alex Harring, Stifel, Jeffrey Stantial, Stantial, Wells Fargo, Aaron Rakers, Mark Zuckerberg, Zuckerberg, TXN, Timothy Arcuri, FCF –, Fred Imbert Organizations: CNBC, UBS, Texas, Nvidia, Meta, PDD Holdings, Netflix, HBO, LSEG, Hertz, EV, Jefferies, HSBC, Discover, Facebook, Big Tech, Texas Instruments Locations: China, Thursday's

But for a variety of reasons, those facing serious crimes are most often required to serve their sentences in the United States. Image Danelo Cavalcante Credit... Chester County District Attorney's Office, via Associated PressDid U.S. law enforcement know that a fugitive from Brazil was in the United States? Mr. Cavalcante was wanted in Brazil in connection with the slaying of a man in his small town of Figueiropolis in 2017. Even if Brazil had issued an Interpol notice calling for his arrest, the United States would have had no reason to believe he was living in the United States. People who are tried and convicted of a crime in the United States must serve their time here, with rare exceptions.

Persons: Danelo, Danelo Souza Cavalcante, Cavalcante, ”, Aaron Reichlin, Alejandro Mayorkas, Desiree Rios, Biden, Mayorkas, Saul Martinez, noncitizens, ” Mr, Reichlin, Melnick, Eleni Cavalcante, “, William Stock, Stock Organizations: Department of Homeland Security, Prison, Immigrants, Attorney's, Associated Press, . Immigration, Customs, ICE, American Immigration Council, Homeland Security, The New York Times, ., Mr, Congress, United, Pennsylvania State Police, American Immigration Lawyers Association Locations: Pocopson Township, Pa, Brazil, United States, Pennsylvania, Chester, U.S, Chester County, Washington, Figueiropolis, Pompano Beach, Fla, deportable, Philadelphia

☆ This major bank's stock can rally 25% as dealmaking and consumer banking improve, HSBC says
▼ + stars: | 2023-09-07 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Investors shouldn't ignore Goldman Sachs as dealmaking regains steam and the consumer banking business turns a corner, according to HSBC. "Goldman Sachs is our preferred name in this sector," Martinez said in a note to clients. Goldman shares have underperformed the broader market with a 6.5% loss this year. Goldman could also see increased valuation multiples from strong earnings and returns on equity and tangible common shareholders' equity, the analyst said. Higher capital requirements or management talent leaves could also hurt shares, as could losses on sales of principal investments.

Persons: Goldman Sachs, Saul Martinez, Martinez, they've, Goldman, CNBC's Michael Bloom Organizations: HSBC, Valley Bank, Goldman, P Bank ETF Locations: Wednesday's

[1/2] The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSept 7 (Reuters) - Goldman Sachs (GS.N) and Morgan Stanley (MS.N) are poised for stronger results next year compared to other large-cap U.S. banks as dealmaking on Wall Street picks up and asset management businesses gain momentum, HSBC said on Thursday. The brokerage said that Goldman Sachs and Morgan Stanley should post high single-digit to low double-digit revenue growth in 2024 and sizable earnings growth in 2024 and 2025 after being weighted from a decade-long low in investment banking. Lead analyst Saul Martinez believes a "bifurcation" is emerging in revenue forecast between traditional and capital markets-focused banks and picks Goldman Sachs as the brokerage's preferred name in its coverage. "We see deal activity picking up: even in a sluggish economic growth environment, greater visibility regarding the direction of economic growth, interest rates, and inflation should trigger more equity and debt issuance and M&A activity," Martinez said.

Persons: Goldman Sachs, Andrew Kelly, Morgan Stanley, Saul Martinez, Martinez, JPMorgan Chase, Wells, Aniruddha Ghosh, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Wall, HSBC, Federal Reserve, Bank of America, JPMorgan, of America, Thomson Locations: New York City , New York, U.S, Bengaluru

☆ Sun Starts to Set on Once-Hot Sunbelt Office Markets
▼ + stars: | 2023-04-26 | by ( Peter Grant | ) www.wsj.com time to read: 1 min

Miami’s Brickell district is one of the pockets of the Sunbelt office market showing more resilience than others. Photo: Saul Martinez/Bloomberg NewsOffice markets in popular Sunbelt cities are showing signs of fatigue, succumbing to economic uncertainty and the persistence of remote work that had already upended major coastal office markets. Fast-growing cities from Miami to Phoenix are still benefiting from businesses moving south, drawn by lower taxes, warmer climates than in the Northwest and Midwest, and more business-friendly government policies, market participants say. Nashville, Tenn., and Austin, Texas, recently topped the list of 2022’s hottest job markets, according to The Wall Street Journal’s annual rankings of nearly 400 metro areas.

Two of his revenge picks to knock off House Republicans who voted to impeach him lost critical general election races in Michigan and Washington. To Mr. Trump, none of that had any bearing on his desire to return to power. “A perfect call.” Absconding with classified documents from the White House? “I think the question is who is the current leader of the Republican Party. In light of what unfolded at Mar-a-Lago, that felt more like the wishful thinking of a born optimist than the judgment of a seasoned student of Mr. Trump.

And Black families are affected the most. “And that means more Black families are impacted,” said Samuel Gross, the registry’s founder and senior editor. “This has caused deep wounds to Black families.”Thompson’s point is easily seen in Termaine Hicks’ family dynamic. While in prison, Hicks wrote a letter to his son every month for 16 years. And especially families … ”“The disproportionate representation of communities within our prison systems tend to impact Black families and communities more,” she said.

With the term “personal taxes,” however, Mr. Garten appears to be conflating income taxes with other federal taxes Mr. Trump has paid — Social Security, Medicare and taxes for his household employees. Fragments of Mr. Trump’s tax returns have leaked out before. Mr. Agalarov’s father, Aras, a billionaire who boasts of close ties to Mr. Putin, was Mr. Trump’s partner in the event. Mr. Trump’s avoidance of income taxes is one of the most striking discoveries in his tax returns, especially given the vast wash of income itemized elsewhere in those filings. When they got to line 56, the one for income taxes due, the amount was the same each year: $750.

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