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☆ New York tops the list of the 50 richest cities in the world
▼ + stars: | 2024-05-07 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

New York's millionaire population is now larger than the entire populations of Orlando or Pittsburgh. The Bay Area's millionaire population has surged by 82% over the past decade, to 305,700. The U.S. is home to 11 of top 50 richest cities, according to the report. "Notably, U.S. cities have significantly outperformed other western cities over the past decade when its comes to overall wealth and millionaire growth." Here is the full ranking of the world's richest cities, according to Henley & Partners and New World Wealth:1.

Persons: Andrew Amoils, Amoils, Juerg Steffen, Robert Frank Organizations: Henley & Partners, Area, Federal Reserve, Research, New, London, Sydney Locations: York, California, Orlando, Pittsburgh . New York, Brazil, Italy, Canada, San Francisco, U.S, Tokyo, London, China, Beijing, Singapore, Los Angeles, New York, Area, France, Hong Kong

CNN —Three Rapid Vienna soccer players were not selected for national team duty after video emerged of them taking part in post-match celebrations shouting homophobic chants with a selection of the crowd. Guido Burgstaller, Marco Grüll and Niklas Hedl were seen, among others, chanting after the club defeated rivals Austria Vienna on February 25. Austria’s men’s national team manager Ralf Rangnick said he left the trio out for the upcoming fixtures against Slovakia and Turkey after he and the coaching staff watched videos of the incident. The deciding factor is what the behavior looks like.”Austria manager Ralf Rangnick has not selected the three players from the most recent national team squad. Christian Hofer/Getty ImagesBurgstaller, Rapid Vienna’s club captain, issued an apology online for the “absolute misconduct.”“We bear full responsibility for what happened and deeply regret this action.

Persons: Guido Burgstaller, Marco Grüll, Niklas Hedl, Austria’s, Ralf Rangnick, Rangnick, ”, they’ve, ” Rangnick, it’s, Christian Hofer, Grüll, “, ” Grüll, Thorsten Schick, Maximilian Hofmann, Steffen Hofmann, Stefan Kulovits Organizations: CNN, Rapid Vienna, Austria Vienna, Manchester United, Rapid Vienna’s, SK Rapid, Austrian Football League Locations: Slovakia, Turkey, Austria

☆ Let Tesla Expand? Three German Teens Have a Few Thoughts.
▼ + stars: | 2024-02-19 | by ( Melissa Eddy | ) www.nytimes.com time to read: 1 min

Tesla’s hulking assembly plant outside Berlin, which opened two years ago in a community known for its forests and lakes, still rubs many residents the wrong way. They worry it threatens the quality of their water and air, and has disrupted the peacefulness that drew them to the area. Mr. Schorcht and many of his neighbors are determined to make sure that doesn’t happen. “We say, ‘enough is enough,’” Mr. Schorcht said. Their resistance campaign includes weekly hikes through the endangered forest and knocking on doors.

Persons: Tesla’s, Steffen Schorcht, Tesla, Schorcht, ’ Locations: Berlin

☆ Tax season is underway. Here’s what investors should know to prepare
▼ + stars: | 2024-02-01 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

Tax filing season officially started on Monday, and investors could pay the price following last year's stock market bonanza. Meanwhile, investors collected yields exceeding 5% in money market funds, certificates of deposit and high yield savings accounts. In New York, the top income tax rate is 10.9%, and it's 13.3% in California. Vanguard's New York Municipal Money Market Fund (VYFXX) has a 7-day SEC yield of 4.25% and an expense ratio of 0.16%. Fidelity offers the California Municipal Money Market Fund (FSPXX) , which has a 7-day yield of 3.54% and an expense ratio of 0.3%.

Persons: Tim Steffen, Brenna McLoughlin, you've, McLoughlin, Vanguard's, Sam Nofzinger, Steffen, it's, There's Organizations: Baird, Wealthstream Advisors, York Municipal Money Market Fund, SEC, Fidelity, Money Market Fund, Public Locations: Milwaukee, New York, California, York, –

☆ Germany leaps to the defense of Israel at the International Court of Justice, rejects South Africa's accusation of Gaza genocide
▼ + stars: | 2024-01-13 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The German government rejected South Africa's genocide allegations against Israel at the ICJ. Germany is set to intervene on Israel's behalf at the international court. "The German government decisively and expressly rejects the accusation of genocide brought against Israel before the International Court of Justice," Hebestreit said. Germany will be allowed to present its own case disputing South Africa's allegation of genocide against Israel, according to reports. The Israeli defense called South Africa's accusations of genocide "baseless, arguing that the stated aim of Israel was the destruction of the Hamas terrorist organization and liberating the hostages that remained imprisoned in Gaza.

Persons: Israel, Israel's, Netanyahu, Olaf Scholz, —, Steffen Hebestreit, Adolf Hitler's Nazi, Hebestreit, Benjamin Netanyahu, Scholz, Adila, Al Jazeera Organizations: ICJ, Service, Hague, International Court of Justice, Federal Government, Genocide, Israel, Getty, Israel's, Minister's Locations: South, Germany, South Africa, Hague's, Israel, Hamas, Be'eri, Gaza

☆ Israel denies genocide accusations at top UN court, says war in Gaza is self-defense
▼ + stars: | 2024-01-12 | by ( Christian Edwards | ) edition.cnn.com time to read: +11 min

South Africa and Israel are signatories to the 1948 Genocide Convention, meaning they are obliged not to commit genocide and to prevent and punish it. South Africa has asked the court to order Israel to suspend its military campaign in Gaza. In January 2020, the court granted The Gambia’s request for provisional measures to protect the Rohingya people remaining in Myanmar from genocide. A 2022 report by Human Rights Watch found continued abuses against the Rohingya remaining in Myanmar, despite the provisional measures. South Africa cited Israeli Prime Minister Benjamin Netanyahu’s address to Israeli forces on October 28, ahead of the imminent launch of its ground offensive in Gaza.

Persons: Israel, ” Israel, Germany “, Steffen Hebestreit, ”, “, Tal Becker, Becker, Galit Raguan, Omri Sender, Hollandse, Israel ’ Israel, Malcolm Shaw, Michel Porro, Ghazi Hamad, Benjamin Netanyahu’s, ” Netanyahu, Netanyahu, Ronald Lamola, Madonsela, Remko de, Gilad Noam, Christopher Staker, Staker, Nadine Schmidt, Catherine Nicholls Organizations: CNN, Israel, United Nations ’, International Court of Justice, Hamas, ICJ, UN, Holocaust, Human Rights Watch, ”, The Hague, South African, Getty, Criminal Court, ICC Locations: South Africa, Gaza, ”, The Hague, Netherlands, Germany, Africa, Israel, Myanmar, Russia, Ukraine, Lebanese, Remko de Waal, AFP

Known for his hard-line stances against abortion and LGBTQ+ priorities, DeSantis could get a boost from an Iowa Republican electorate that is unusually socially conservative. But even those plum endorsements aren't moving Iowa Republicans from the Trump camp. "Donald Trump is a lap ahead of the field," says former Iowa Republican Party co-chairman David Oman, a former chief of staff to two GOP Iowa governors and a prominent Haley supporter. The morning after an anticipated Trump win in the Iowa caucuses, a trial starts in New York to determine a second set of damages in a defamation case brought by writer E. Jean Carroll. And while the GOP winner is all but assured in Iowa, the state has still played a key role in the primary process.

Persons: Donald Trump, Trump, Jimmy, Kim Reynolds, Matt Gorman, Ron DeSantis, Gorman, Nikki Haley, Vivek Ramaswamy –, Grassley, GOP Sen, Chuck Grassley, Chris Christie, packers Asa Hutchinson, Ryan Binkley, DeSantis, Reynolds, Bob Vander Plaats, Haley, David Oman, Jimmy Carter, hasn't, Ramaswamy, Des Moines, Steffen Schmidt, –, E, Jean Carroll, Joe Biden, Biden, Kamala Harris, MAGA, Harris, Schmidt, Mike Pence, Sen, Tim Scott of Organizations: Hawkeye, Republican, Jimmy Centers, Iowa Gov, Cornerstone, Florida Gov, Iowa Republicans, Donald Trump View, Trump, Iowa Republican, United Nations, GOP, Former New Jersey Gov, packers, Iowa Republican Party, Iowa, Iowa's Democratic, Fox News, Iowa State University, District of Columbia, Capitol, Republican Party, Monday, Emanuel AME Church, Democratic Locations: Iowa, DeSantis, New Hampshire, Arkansas, Georgia, Des, Florida, District, New York, Trump, Charleston , South Carolina, South Carolina, Tim Scott of South Carolina

☆ How giving away some winning stocks can help cut taxes and balance your portfolio
▼ + stars: | 2023-11-29 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

But rather than just selling out of those stocks to help dilute those holdings, consider donating a few shares to charity. But giving some away duts the size of the position in a portfolio and skirts capital gains taxes. Those stocks are up more than 200% and 62%, respectively, this year, and are good candidates for some charitable giving, she said. Investors are encouraged to get to know the charitable giving deduction. Investors can also simplify their charitable giving by making direct gifts of appreciated assets to a donor-advised fund.

Persons: you've, Barry Glassman, Glassman, Brenna McLoughlin, Eli Lilly, McLoughlin, you'd, Cash, Tim Steffen, Steffen Organizations: Nasdaq, Nvidia, Tesla, Wealth Services, Wealthstream Advisors, Meta, Apple, Microsoft, Investors, Baird Locations: North Bethesda , Maryland, New York, Milwaukee

☆ AI tools such as ChatGPT are generating a mammoth increase in malicious phishing emails
▼ + stars: | 2023-11-28 | by ( Bob Violino | ) www.cnbc.com time to read: +6 min

"It is not a coincidence that the launch of ChatGPT at the end of last year coincides with the timeframe in which we saw exponential growth of malicious phishing emails," Harr said. On average, 31,000 phishing attacks were sent on a daily basis, according to the research. Since the fourth quarter of 2022, there's been a 1,265% increase in malicious phishing emails , and a 967% rise in credential phishing in particular, according to a new report by cybersecurity firm SlashNext. Another reason for such a high increase in phishing attacks is because they are working, Harr said. Another good practice is to implement email filtering tools that use machine learning and AI to detect and block phishing emails.

Persons: Harr, Patrick Harr, there's, Chris Steffen, Prince of, Steffen Organizations: BEC, Enterprise Management Associates Locations: Brooklyn, New York, American, Prince of Nigeria

The court ruling has called into question Germany's traditionally strict fiscal policy and sparked warnings that German companies could be starved of support to keep them globally competitive. HANDS TIEDThe crisis has sparked calls for reforming the debt brake. "With the debt brake as it is, we have voluntarily tied our hands behind our backs and are going into a boxing match," he said. A poll by broadcaster ZDF suggested only a minority of Germans supported suspending the debt brake. Some 57% wanted the budget shortfall from the court ruling to be covered by spending cuts, 11% favoured tax increases and 23% wanted the state to take on additional debt.

Persons: Olaf Scholz, Robert Habeck, Christian Lindner, Scholz, Lindner, Habeck, Steffen Hebestreit, Holger Hansen, Christian Kraemer, Miranda Murray, Rene Wagner, Matthias Williams, Toby Chopra, Gareth Jones, Deepa Babington Organizations: Climate, Finance, BERLIN, Greens, Social Democrats, Free Democrats, FDP, ZDF, Thomson Locations: Germany, Europe's, East Germany, China

The court ruling has called into question Germany's traditionally strict fiscal policy and sparked warnings that German companies could be starved of support to keep them globally competitive. The debt brake, introduced after the global financial crisis of 2008/09, was first suspended in 2020 to help the government support firms and health systems during the COVID-19 pandemic. HANDS TIEDThe crisis has sparked calls for reforming the debt brake. "With the debt brake as it is, we have voluntarily tied our hands behind our backs and are going into a boxing match," he said. A poll by broadcaster ZDF suggested only a minority of Germans supported suspending the debt brake.

Persons: Christian Lindner, Fabrizio Bensch, Scholz, Olaf Scholz, Lindner, Robert Habeck, Habeck, Steffen Hebestreit, Holger Hansen, Christian Kraemer, Miranda Murray, Rene Wagner, Matthias Williams, Toby Chopra, Gareth Jones Organizations: REUTERS, BERLIN, Finance, Greens, ZDF, Thomson Locations: Berlin, Germany, Europe's, East Germany, China

☆ Israeli hostage families near Jerusalem in march of solidarity and protest
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

Police blocked off parts of the main highway as the marchers began to ascend the foothills leading to Jerusalem. They held up pictures of their loved ones, waved Israeli flags, and chanted "We won't give up, we demand the hostages' release!" Hamas fighters took around 240 people hostage during their Oct. 7 attack on southern Israel. Bring them back home now," said Yuval Haran, who walked with a placard showing seven members of his family who were taken hostage, including his three-year-old niece. The families and their supporters say they will end the march of about 60 km (37 miles) on Saturday in front of Prime Minister Benjamin Netanyahu's residence in Jerusalem.

Persons: Yuval Haran, Steffen Seibert, Benjamin Netanyahu's, Ilan Rosenberg, Gareth Jones Organizations: Palestinian, Police, Thomson Locations: Jerusalem, Latrun, Israel, JERUSALEM, Gaza, Tel Aviv

☆ Three Reasons to Take Social Security Early
▼ + stars: | 2023-11-14 | by ( Debbie Carlson | ) www.wsj.com time to read: 1 min

One financial planner says he has had clients claim Social Security early to fund long-term-care insurance. Illustration: Kiersten EssenpreisConventional wisdom holds that retirees are financially better off delaying their Social Security benefits to get a fatter payout. You can receive your full benefit once you reach full retirement age—around 66 or 67, depending on what year you were born. You can also start as early as 62, but that means a much smaller payout. The math is complex on how big the haircut is, but it can be roughly 30% annually for people who start at 62, versus waiting for full retirement age to receive full benefits.

Persons: Tim Steffen, Baird Organizations: Social, Security Locations: Milwaukee

☆ Drug shortages demand quick and costly action: podcast
▼ + stars: | 2023-11-07 | by ( Aimee Donnellan | ) www.reuters.com time to read: 1 min

Used blister packets that contained medicines, tablets and pills are seen in this picture illustration taken June 30, 2018. In this Exchange podcast, Dr. Steffen Denzinger, president of the European Fine Chemicals Group, argues that safeguarding medicines may require patients to pay more. Listen to the podcastFollow @aimeedonnellan on XSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. Editing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Russell Boyce, Steffen Denzinger, Oliver Taslic Organizations: REUTERS, Reuters, European Fine Chemicals Group, Thomson

And now Ben Hammou faces another blow as the German government moves to end pandemic-era tax breaks for the hospitality industry. The fiscally hawkish FDP party, which has control of the finance ministry in the three-way ruling coalition, backs letting the tax break expire, calculating that it would cost 3.3 billion euros ($3.5 billion) to keep it going in 2024. Many restaurants operate on tight margins, which makes them quite sensitive to tax increases. In Spain, Italy and France, the VAT on restaurants is at 10%, considerably lower than the expected 19% in Germany from 2024. The question is whether German restaurants are still struggling or have recovered well enough from the pandemic to withstand having the tax break removed, according to Tomas Dvorak, senior economist at Oxford Economics.

Persons: Omar Ben Hammou, Ben Hammou, Christian Lindner, Guido Zoellick, Thijs Geijer, Ingrid Hartges, DEHOGA, Steffen Marx, Tomas Dvorak, Maria Martinez, Christian Kraemer, Tanja Daube, Ulrike Heil, Belen Carreno, Giselda Vagnoni, Thomas Leigh, Matthias Williams, Hugh Lawson Organizations: Restaurant Association, ING, Reuters, Oxford Economics, Thomson Locations: Bavaria, BERLIN, Berlin, Russia, Ukraine, COVID, Spain, Italy, France, Germany, Munich, Madrid, Rome, Paris

☆ United Airlines just made their boarding process faster. But an astrophysicist says there's still a quicker way.
▼ + stars: | 2023-11-04 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

United Airlines introduced a new system for boarding passengers on October 26. AdvertisementAdvertisementAn astrophysicist said United Airlines' new airplane boarding system could be even faster. If that were seat 30A, for example, the next person to take their seat would be the window seat two rows in front — 28A. This would carry on until the even window seats on one side of the aircraft were filled, per The Journal. The even window seats on the opposite side of the plane would come next, followed by window seats on odd rows.

Persons: Jason Steffen, —, WILMA, Steffen, there's Organizations: Airlines, University of Nevada, Service, United Airlines, United, Wall Street, Southwest Airlines, Hartsfield, Jackson Atlanta International Airport Locations: Las Vegas

☆ The Astrophysicist Who Has a Better Way to Board Airplanes
▼ + stars: | 2023-11-03 | by ( Ben Cohen | ) www.wsj.com time to read: 1 min

Jason Steffen has spent his career trying to crack the deepest mysteries of the universe. He’s an astrophysicist who studies exoplanets orbiting distant stars, dark matter and gravitation. In his spare time, he also tackles another impenetrable riddle of the galaxy. What is the best way to board airplanes?

Persons: Jason Steffen

☆ Goldman Sachs just promoted 608 employees to the coveted role of managing directors. See the full list here.
▼ + stars: | 2023-11-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.

Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India

BERLIN (AP) — Chancellor Olaf Scholz says Germany needs to start deporting “on a large scale” migrants who don't have the right to stay in the country, adding to increasingly tough talk on migration since his coalition performed badly in two state elections earlier this month. Mainstream conservatives won both votes and the far-right Alternative for Germany made significant gains. Last week, Scholz announced legislation to ease deportations of unsuccessful asylum-seekers. On Monday, the government notified the European Commission of temporary border controls at the Polish, Czech and Swiss frontiers. He argued that there needs to be a “fundamental turnaround in migration policy.”Asked what the chancellor thought of that idea, Scholz spokesperson Steffen Hebestreit replied: “Nothing.”

Persons: —, Olaf Scholz, Der Spiegel, Scholz, Friedrich Merz, ”, Markus Soeder, Steffen Hebestreit Organizations: BERLIN, Der, European Commission, environmentalist Greens, Free Democrats —, Union bloc Locations: Germany, Czech, Swiss, Bavarian

CNN —This year’s Nobel Prize in physiology or medicine has been awarded to Katalin Karikó and Drew Weissman for their work on mRNA vaccines, a crucial tool in curtailing the spread of Covid-19. The Nobel Prize committee announced the prestigious honor, seen as the pinnacle of scientific achievement, in Sweden on Monday. Rickard Sandberg, a member of the Nobel Prize in medicine committee, said, “mRNA vaccines together with other Covid-19 vaccines have been administered over 13 billion times. They sold their car, Karikó told The Guardian, and stuffed the money – an equivalent of about $1,200 – in their daughter’s teddy bear for safekeeping. Weissman told CNN that their technology is much more efficient than traditional methods of producing vaccines.

Persons: Katalin Karikó, Drew Weissman, “, Karikó, Weissman, Rickard Sandberg, ” Karikó, Steffen Trumpf, BioNTech, Penn Medicine J, Larry Jameson, . Weissman, ” Jameson, Drew, ”, Hope, I’m Organizations: CNN, University of Pennsylvania, Pfizer, Penn Medicine, UPenn’s School of Medicine, Kati, Temple University, Guardian, Moderna Locations: Covid, Sweden, Hungarian, American, Germany, Norway, Hungary, United States, Philadelphia, UPenn

[1/2] A general view of Polish shoe retailer CCC shop is pictured, amid the coronavirus disease (COVID-19), in Warsaw, Poland, September 8, 2020. "Let me tell you, there was a time when I couldn't even afford to buy salmon, for example. Buczek has benefited from the fact that PiS has raised her pension as part of hefty welfare spending moves which, opinion surveys show, are easing Poles' concerns over high inflation. The Polish minimum wage, already the highest in central Europe, will rise by nearly a fifth next year. With many houseowners on variable loan rates, Warsaw recently extended a scheme for mortgage repayment holidays into next year.

Persons: Kacper, Jadwiga Buczek, Buczek, PiS, Steffen Dyck, Adam Glapinski, Fitch, Federico Barriga Salazar, Andrzej Kuzniak, Moody's Dyck, Kacper Pempel, Jan Strupczewski, Gergely, Mark John, Sharon Singleton Organizations: REUTERS, Reuters, Justice, European Union, European Commission, National Bank of, Sovereign Risk, Moody's, International Monetary Fund, Civic Coalition, Thomson Locations: Warsaw, Poland, WARSAW, Poland's, Europe, NBP, Brussels

☆ How the airline boarding process became such a mess
▼ + stars: | 2023-09-16 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

And airlines have made it chaotic by design — so people will pay to get an easier boarding process. Decades ago, airlines used to board first class and use an open boarding process for the main cabin. A better boarding processAirlines have been experimenting with different boarding schemes to try to speed up the process. Jason Steffen, a University of Nevada, Las Vegas physics professor developed a boarding method that boards passengers in rows of two. Southwest Airlines has the fastest boarding process of any major airline by simply allowing people to claim the first available seat.

Persons: New York CNN —, Don’t, Nathan Howard, it’s, you’ve, ”, Henry Harteveldt, Robert Mann, Nicolas Economou, Harteveldt, Massoud Bazargan, Jeffrey Greenberg, ” Bazargan, Aircrafts, —, Wilma, Jason Steffen, Charlie Riedel, Steffen, “ Organizations: New, New York CNN, Atmosphere Research, Carriers, Airlines, Embry, Riddle Aeronautical University, Universal, Transportation Department, Companies, University of Nevada, Southwest Airlines Locations: New York, Daytona Beach , Florida, Las Vegas

☆ The IPO market has 'lost a lot of relevance,' says Swiss asset manager Partners Group
▼ + stars: | 2023-09-15 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

watch nowThe IPO market has lost relevance in the real economy, but there are "absolutely enormous" opportunities in the health-care sector, according to the executive chairman of global private markets firm Partners Group. Private markets are switching places with public markets as the stewards of the real economy. "Private markets are switching places with public markets as the stewards of the real economy," said Partners Group. Partners' Group recorded $142 billion worth of assets under management as of the first half of 2023. Asked whether Partners Group will someday open up the window for retail investors to tap into the private equity market, Meister said it's already happening, marking a "democratization" of the private market industry.

Persons: Steffen Meister, CNBC's Chery Kang, Meister, it's Organizations: Partners, Milken Asia Summit, Bain & Company, Private, CNBC, McKinsey Locations: Singapore

☆ The IPO market has 'lost a lot of relevance,' says Partners Group
▼ + stars: | 2023-09-13 | 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 EmailThe IPO market has 'lost a lot of relevance,' says Partners GroupSteffen Meister, executive chairman of Partners Group, says that's "for the real economy, but specifically for private markets."

Persons: Steffen Meister Organizations: Partners, Partners Group

☆ This year’s hot yields could be 2024’s tax hit. Here’s how to prepare
▼ + stars: | 2023-09-08 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

The Crane 100 Money Fund Index has an annualized 7-day current yield of 5.16% as of Thursday. This way, you're deferring the tax hit on the income until you begin to draw down from the account. To that effect, some money market funds invest in municipal bonds and thus produce tax-exempt income. Investors in high-tax locales may be especially interested in state-specific tax-exempt money market funds. The Fidelity New York Municipal Money Market Fund (FAWXX) carries an expense ratio of 0.42%, and it has a 7-day yield of 3.34%.

Persons: US3M, Tim Steffen, Baird, you've, Jerrod Pearce, Pearce, Steffen Organizations: Internal Revenue Service, Creative Planning, Vanguard, Money Market Fund, SEC, Fidelity New York Municipal Money Market Fund Locations: Vanguard California

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