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Warren Buffett, 93, has more in common with YouTuber Ryan Trahan, 25, than you might think. Trahan specializes in turning a penny into hundreds or even thousands of dollars within days. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . If the 93-year-old investor watched YouTube, he might be a fan of Ryan Trahan.
Persons: Warren Buffett, YouTuber Ryan Trahan, Trahan, , Ryan Trahan, Charlie Munger, Berkshire Hathaway, vlogger, hawking, Buffett, penny's Organizations: Service, YouTube, Berkshire, Buffett —, HBO Locations: California, North Carolina, McDonald's, Berkshire
According to Bank of America, valuation levels explain 80% of the market's return over a 10-year period. Bank of AmericaThere are many ways to measure valuation levels in the overall market. Hussman says it's the most accurate indicator of future market returns that he's found. AdvertisementThe Conference BoardThird, the number of US states with a rising unemployment rate is spiking, meaning that the overall unemployment rate should see further upside. BullAndBearProfits.comThe US unemployment rate is already on a slight uptrend, having climbed from 3.4% in April 2023 to 3.9% as of February.
Persons: , Jon Wolfenbarger, Merrill Lynch, John Hussman's, he's, Warren Buffett, Wolfenbarger, Stocks, Woflenbarger, Cam Harvey, Claudia Sahm, Louis Fed, Jeremy Grantham, John Hussman, David Rosenberg, Goldman Sachs, David Kostin, America's Savita Subramanian, Ian Shepherdson, Shepherdson Organizations: Service, Bank of America, Business, JPMorgan, National Federation of Independent Business, Board, Treasury, Bank, America's
CNN —At next year’s World Expo, a grand carnival showcasing different nations’ achievements, the US is planning something unusually quiet. Courtesy Trahan ArchitectsWorld Expos, or World’s Fairs as some are known, have celebrated some of the major inventions of their time, including stereoscopic photography, vulcanized rubber, the zipper, the internal combustion engine and IMAX. Courtesy Trahan ArchitectsTrahan’s design features an elongated outdoor space sandwiched between two triangular buildings. Courtesy Trahan ArchitectsBut as well as representing American interests overseas, the pavilion design also draws on the nature, culture and history of the Expo’s host country. Expo 2025, which marks the second time Osaka has hosted the event, is expected to welcome almost 30 million visitors.
Persons: , Trey Trahan, Thomas Edison, Nikola Tesla, George Westinghouse, Rahm Emanuel, Biden, Donald Trump, Trahan, “ wabi Organizations: CNN, Fairs, Trahan Architects, Architects World Expos, Chicago World’s, Expos, US State Department, ES Global, Imagination, Trahan Locations: Osaka, Japan, Tokyo, Chicago, Seattle, Philadelphia, Paris, , Los Angeles, New York, New Orleans, United States
"For those of you younger than us who did not live through the Tech Bubble of the late 1990s, you are now living through Tech Bubble 2.0. As a reminder, the NASDAQ fell about 80% when that bubble burst in the mild recession of the early 2000s," Wolfenbarger said. AdvertisementThere is evidence that backs up Wolfenbarger's bubble claims, starting with fairly standard valuation measures like the Shiller cyclically-adjusted price-to-earnings ratio. While it's not as high as it was during the dot-com bubble, it's higher than it was in 1929 — and is at one of its most elevated levels in history. Bank of AmericaAs for what will finally deflate the bubble, Wolfenbarger is expecting a recession to hit the US economy.
Persons: , Microsoft —, Jon Wolfenbarger, Merrill Lynch, Wolfenbarger, it's, America's Michael Hartnett, Louis Fed Wolfenbarger, Jeremy Grantham, Adam Karr, Orbis Investment Management Karr, It's Organizations: Service, Apple, Nvidia, Microsoft, Business, JPMorgan, ClearBridge, Tech, NASDAQ, ClearBridge Investments Bank, America's, Bank of America, Bank of America's Global, Institute for Supply Management's Manufacturing, Orbis Investment Management, Global Fund, Federal Reserve Locations: Japan
Right now, it's up 7.7% year-over-year and continues to rise, prompting Kantrowitz to say it's a "huge red flag for me." Still, while the unemployment rate is up to 3.9% from its 3.4% low earlier this year, unemployment claims have not spiked meaningfully. Piper Sandler"Regarding employment – I see enough data that has me convinced that we are at the very onset of a recession right now," Kantrowitz said. If the unemployment rate continues to tick upward, even slightly, it will likely trigger the Sahm rule mentioned above. Plenty of market onlookers see a recession in 2024, including DoubleLine Capital CEO Jeffery Gundlach and Citadel founder Ken Griffin.
Persons: Piper Sandler's Michael Kantrowitz, Kantrowitz, Piper Sandler, Sahm's, It's, Claudia Sahm, Jon Wolfenbarger, Wolfenbarger, Jeffery Gundlach, Ken Griffin, Goldman Sachs, Jan Hatzius, Brian Moynihan Organizations: Federal, Business, Institute for Supply Management's, Investor, Federal Reserve, National Federal, Independent, Treasury, Conference, DoubleLine Capital, Citadel, Bank of America
Allison Bornstein, author of "Wear It Well". More likely, we're encouraged to wear Loro Piana cashmere baseball hats and carry $300 Smythson notebooks like Gwyneth Paltrow in the name of "quiet luxury" and justify such expensive purchases using "girl math." "We don't need half of these things," said Allison Bornstein, a celebrity stylist and author of the new book "Wear It Well: Reclaim Your Closet and Rediscover the Joy of Getting Dressed." Actress Gwyneth Paltrow exits a courtroom in which she is accused in a lawsuit of crashing into Terry Sanderson during a 2016 family ski vacation, Park City, Utah, March 21, 2023. Rick Bowmer | Afp | Getty ImagesZoom In Icon Arrows pointing outwards Allison Bornstein's book: “Wear It Well”.
Persons: Allison Bornstein, Jennifer Trahan It's, we're, Gwyneth Paltrow, Terry Sanderson, Rick Bowmer, Allison Bornstein's, Andrea Woroch, Woroch Organizations: Starbucks, Afp, Getty, Bank Locations: Park City , Utah
The US economy added just 150,000 jobs, under the expected 180,000, and the unemployment rate rose to 3.9%, now 0.5% higher than its low earlier this year. Federal Reserve Bank of St. Louis/Bullandbearprofits.comSecond, the inverted yield curve is starting to steepen. An inverted yield curve has been an extremely reliable recession indicator over the last several decades. Bullandbearprofits.com"Proven leading indicators show that the unemployment rate is likely to start rising materially soon. Piper SandlerIn addition to the yield curve and employment indicators above, other recession indicators continue to point to a downturn ahead.
Persons: Jon Wolfenbarger, Merril Lynch, Wolfenbarger, Louis, bode, Piper Sandler's Michael Kantrowitz, Piper Sandler, Societe Generale's Albert Edwards, Edwards Organizations: JPMorgan, Federal Reserve Bank of St, National Federation of Independent, Fed, Bank of America, Societe Generale's, Generale, Edwards . Societe Generale Locations: lockstep, Edwards .
The world's fastest growing economy may be on track to grow by more than 100% by 2028, largely fueled by profits from its oil production and export sector, according to one analysis. BMI, a Fitch Solutions research unit, is also of the view that "Guyana will see explosive growth this year," said Andrew Trahan, its head of Latin America country risk. He expects real GDP in Guyana to rise about 115% in the next five years. "The exact magnitude of the increase [is] dependent on how quickly additional oil production is brought online," he added. Guyana's Stabroek Block is a 6.6 million acre offshore oil reservoir off the country's Atlantic coast, and is estimated to hold 11 billion barrels of oil, according to ExxonMobil.
Persons: Andrew Trahan Organizations: International Monetary Fund, IMF, BMI, Fitch Solutions, ExxonMobil, Guyana's Locations: Guyana, South America, America
"The Brady Bunch" fan, Tina Trahan, bought the house used as the Brady home exterior for $3.2 million. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The house featured in "The Brady Bunch" hit the market in early June for a cool $5.5 million — and it just sold on Monday for $3.2 million. AdvertisementAdvertisementThe buyer, Tina Trahan, told The Wall Street Journal that she was a fan of the show, although she doesn't plan to live in the house. "Nobody is going to live in it," she told The Wall Street Journal.
Persons: Tina Trahan, Brady, Trahan, Danny Brown, Marcy Roth, Eklund Gomes, Douglas Elliman, Fredrik Eklund, Roth, Brown, overpriced, Wayne Brady, " Brown Organizations: HGTV, Service, Street Journal, HBO, Wall Street Journal, Compass, Wall Street Locations: Wall, Silicon, American, Studio, Los Angeles, Hollywood
Preston White is YouTube star Ryan Trahan's creative director. When Preston White applied to compete in YouTube star Ryan Trahan's new video series, he didn't think it would lead to a major career — and life — change. White and two other contestants — including Zach Levet (who also landed a job with Trahan) — ended up as finalists in Trahan's three-part video series. For the video series, the contestants spent almost a week straight with Trahan, which led to White, Levet, and Trahan keeping in touch after the competition. YouTube creators typically set their own schedules, and they can choose to work as much, or as little, as they want.
Persons: Preston White, Ryan Trahan's, White, , Ryan Higa, Zach Levet, Trahan, There's, YouTubers, Ryan, They'll, they'll Organizations: YouTube, Walmart Locations: Austin , Texas, Trahan's, Austin
Preston White is YouTube star Ryan Trahan's creative director. When Preston White applied to compete in YouTube star Ryan Trahan's new video series, he didn't think it would lead to a major career — and life — change. White and two other contestants — including Zach Levet (who also landed a job with Trahan) — ended up as finalists in Trahan's three-part video series. For the video series, the contestants spent almost a week straight with Trahan, which led to White, Levet, and Trahan keeping in touch after the competition. White immediately called Trahan, and was then thrown into a trial period as Trahan's producer, which later lead to his full-time gig as creative director.
Persons: Preston White, Ryan Trahan's, White, , Ryan Higa, Zach Levet, Trahan, There's, YouTubers, Ryan, They'll, they'll Organizations: YouTube, Walmart Locations: Austin , Texas, Trahan's, Austin
Three Democratic lawmakers are pressing Elon Musk on his social media platform's "hostile stance" toward independent research efforts after X, formerly known as Twitter, sued a nonprofit research group that found an increase in hate speech after the billionaire's takeover. The lawmakers pointed to X's recent lawsuit against the Center for Countering Digital Hate, after the nonprofit found an increase in hate speech on the platform in the wake of Musk's takeover. This time, they added a question about whether X had successfully reduced hate speech and extremist content on its platform and if that had been verified by any third parties. The company added that values of platform safety and free expression are not in conflict with one another. X also alleged that CCDH had scraped its platform, in violation of its terms of service.
Persons: Elon Musk, Lori Trahan, Adam Schiff, Sean Casten, Linda Yaccarino, X, CCDH, Brandwatch, Imran Ahmed Organizations: Democratic, Twitter, X Corp, CNBC, Center, Bloomberg
“A lot of people think that representation is only important when you’re young, and you’re growing up, on TV and in movies, but I think it’s also extremely important on college campuses,” Ms. May said. But some other alumni were troubled by the initial selection of Dr. McElroy, a former New York Times editor and longtime journalist and now a professor at the University of Texas, to lead her alma mater’s revived journalism program. Some conservative alumni and students had criticized her for her research on race in media and recent writings in which she described the benefits of having a diverse faculty or newsroom. Valerie Muñoz, a journalism student at Texas A&M, last month wrote an article for Texas Scorecard, a conservative news website, under the headline “Aggies Hire NY Times ‘Diversity’ Advocate To Head Journalism Program.” Ms. Muñoz highlighted a 2021 interview of Dr. McElroy by WBUR in Boston in which she said that journalism that was perceived as objective often favored a white, male perspective and that journalism was “not about getting two sides of a story or three sides of a story if one side is illegitimate.”Preston Phillips, the chairman of the university’s Young Americans for Freedom chapter, a conservative student group, said critics were wrong to say that the backlash to her appointment was because of her race. He and other conservatives on campus, he said, were worried about what her writings on diversity and race indicated about her political leanings.
Persons: Ms, May, Dr, McElroy, mater’s, Valerie Muñoz, Muñoz, WBUR, , ” Preston Phillips Organizations: New York Times, University of Texas, Texas, Hire NY, Journalism, university’s Young Locations: Boston
U.S. tech platforms including Meta's Facebook and Instagram, Google's YouTube , Twitter and Snap's Snapchat have raised similar fears for lawmakers and users. Evaluating a potential banThere's little appetite in Washington to accept the potential risks that TikTok's ownership by Chinese company ByteDance poses to U.S. national security. The interagency panel tasked with reviewing national security risks stemming from ByteDance's ownership has threatened a ban if the company won't sell its stake in the app. Trahan said members should ask about national security risks of the app, but those questions should be substantive. Bowman noted lawmakers haven't received a bipartisan congressional briefing from the administration on national security risks stemming from TikTok.
The YouTube subscriber count has quickly become an outdated relic. YouTube shorts has lowered the barrier to entry, making it easier to gain subscribers. "Especially in the world of short-form content, where your viewers are one swipe away from moving onto someone else." Nearly every social platform, from YouTube to Facebook to TikTok, is still working to crack the code for monetizing short-form video well with advertising. Short-form video ad spending worldwide for 2022 to 2028, via Insider Intelligence.
But Twitter’s changes erecting a paywall for API access may jeopardize all that, Tromble and other researchers said. Undermining the fight against botsMusk has framed Twitter’s API restrictions as part of his wider effort to stamp out spammy, automated accounts. Ironically, however, Musk’s looming changes to the Twitter API might make it harder to study bot behavior on Twitter. API access has provided a critical resource for that work. “The researchers who were signed up to the program have heard nothing from the company in months, since Musk’s acquisition.”Adding to Twitter’s scrutiny by regulatorsBeyond the immediate impact to researchers, Twitter’s transparency issues could land the company in hot water with policymakers.
Twitter signed a voluntary agreement in June with the EU related to the DSA committing to "empowering the research community" through means including sharing datasets about disinformation with researchers. The EU law would require platforms with over 45 million EU users to respond to EU-vetted researcher proposals. THE WORK OF THE CONSORTIUMThe research consortium was formed in response to backlash against Russian interference in the 2016 U.S. presidential election. Twitter had been preparing to disclose at least a dozen new datasets to researchers before then, the former employees said. If the research consortium is eliminated, "we will be returning to the 2017 era of limited shared communication about malicious state actor activity," said Renée DiResta, research manager at Stanford Internet Observatory.
We asked 22 rising stars in the creator economy what their favorite social-media moment was in 2022. As part of Insider's inaugural list highlighting the next generation of leaders in the influencer space, we asked individuals what their favorite social-media moment was in 2022. These rising stars have spent the past year making tangible change through their work on products, content, or initiatives at startups or social-media giants. (Read our full list of 22 rising stars of the creator economy.) Read the full list of rising stars for more favorite moments and details about their careers:
WASHINGTON — Democratic members of Congress had harsh words for Elon Musk on Thursday night after Twitter suddenly suspended a number of high-profile journalists who have been covering the company and Musk, its billionaire CEO. In November, shortly after he took over Twitter, Musk tweeted that he would not ban the account. Musk tweeted Thursday night. "Ro Khanna is great," Musk tweeted in response to one of some of the Twitter files. Rep. Eric Swalwell, D-Calif., tweeted: "Twitter can suspend whoever it wants.
A member of Congress from Massachusetts is the latest congressman to violate a federal conflict-of-interest law. Rep. Bill Keating violated a provision of the STOCK Act by waiting too long to report two stock trades. After close to a year of waiting, House leaders unveiled a congressional stock trading ban in September. Since 2021, Insider's "Conflicted Congress" project, along with other news organizations, have uncovered 73 members of Congress who've violated disclosure provisions of the STOCK Act. Two other members of Massachusetts' congressional delegation — Reps. Katherine Clark and Lori Trahan, both Democrats — have also violated the STOCK Act.
VidSummit is an annual conference in Los Angeles for content creators and industry professionals. Top creators including YouTubers MrBeast and Ryan Trahan attended and shared their tips for success. YouTube creators, professionals, and brands gathered in September to share their insights on the creator economy at VidSummit, the annual Los Angeles conference for industry insiders. He spoke about his content strategy at VidSummit with Samir Chaudry from the YouTube channel Colin and Samir (1 million subscribers). McBride spoke about the strategy behind his global content, which includes partnering with TransPerfect, a company that dubs his YouTube content in other languages.
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