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☆ Social Security now expected to run short on funds in 2035, one year later than previously projected, Treasury says
▼ + stars: | 2024-05-06 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Valerie Macon | Afp | Getty ImagesThe trust funds the Social Security Administration relies on to pay benefits are now projected to run out in 2035, one year later than previously projected, according to the annual trustees' report released on Monday. The Social Security trustees credited the slightly improved outlook to more people contributing to the program amid a strong economy, low unemployment and higher job and wage growth. "This year's report is a measure of good news for the millions of Americans who depend on Social Security, including the roughly 50% of seniors for whom Social Security is the difference between poverty and living in dignity — any potential benefit reduction event has been pushed off from 2034 to 2035," Social Security Commissioner Martin O'Malley said in a statement. What reports reveal about Social Security, MedicareSocial Security's new 2035 depletion date applies to its combined trust funds. The Medicare Hospital Insurance trust fund — used to fund Part A benefits — saw the biggest improvement in this year's trustees report.

Persons: Valerie Macon, Martin O'Malley, O'Malley, — Organizations: Social Security Administration, Afp, Getty, Social Security, Social, Medicare, Insurance Trust, Disability Insurance Trust, Medicare Hospital Insurance, Insurance Trust Fund, Department Locations: Burbank , California

☆ Sex tapes! Celebrity rehab! Trump hush-money trial goes full National Enquirer as Hulk Hogan, Lindsay Lohan, Charlie Sheen are name-dropped.
▼ + stars: | 2024-05-03 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

Charlie Sheen, Hulk Hogan, Lindsay Lohan, and Tila Tequila were all name-dropped. Charlie Sheen, Hulk Hogan, Lindsay Lohan, Floyd Mayweather, Tila Tequila — all were name-dropped in morning testimony. Bove asked. Bove asked Davidson. Advertisement"I've represented several clients who had claims against Charlie Sheen," Davidson answered carefully.

Persons: Stormy Daniels, Keith Davidson, Charlie Sheen, Hulk Hogan, Lindsay Lohan, Tila Tequila, —, Donald Trump's, Floyd Mayweather, Playboy Bunny Karen McDougal, Trump, Daniels, Davidson, Emil Bove, Donald Trump, Jane Rosenberg Bove, You've, Bove, you've, shakedowns, McDougal, lister, Hogan, Kevin Winter, Terry Bollea, Bollea, Hulk, Amy Sussman, Lindsay Lohan Davidson, Betty Ford, Lohan, Valerie Macon, Kevin Blatt, Tequila, Charlie Sheen's, Jamie McCarthy, Sheen, Blatt, I've, Anderson, Heidi Gutman, Capri Anderson, I'm Organizations: Service, National Enquirer, Manhattan, Enquirer, Trump, Reuters, Hulk Hogan's, TMZ, Morning America Locations: Manhattan, Sheen, Capri, Anderson

☆ All the surprise guest appearances at Coachella 2024, from Shakira to Paris Hilton
▼ + stars: | 2024-04-15 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

Voices of a generationWatch more from the Coachella Stage all weekend on the @Youtube livestream at https://t.co/369m1pWQBo pic.twitter.com/CHCyTBKcuX — Coachella (@coachella) April 13, 2024Will Smith performed 'Men in Black' during J. Balvin's set, wearing a very appropriate suit. Olivia Rodrigo performed with No Doubt. Gwen Stefani of No Doubt and Olivia Rodrigo perform at the Coachella Stage during the 2024 Coachella Valley Music and Arts Festival at Empire Polo Club on April 13, 2024 in Indio, California. AdvertisementKesha also joined Rapp during her setReneé Rapp and Kesha perform onstage together. Peso Pluma Brings Out Becky G to Perform "Chanel" at Coachella 🖤 • @iambeckyg pic.twitter.com/niypTDldVK — ERIKA ❤️‍🔥 (@beckygchanel_) April 14, 2024Paris Hilton played games with Vampire WeekendParis Hilton at Neon Carnival during Coachella.

Persons: —, Lana Del Rey, Sabrina Carpenter, Barry Keoghan, Megan Fox, Taylor Swift, Travis Kelce, Jeff Bezos, Del Rey, Lauren Sánchez, Billie Eilish, Shakira, Lana Del Rey's, Christina House, 369m1pWQBo, Will Smith, Balvin's, Arturo Holmes, Olivia Rodrigo, Gwen Stefani, John Shearer, Rodrigo, Bizarrap, Valerie Macon, Childish Gambino, Charlie Wilson, Tyler, Gambino, Donald Glover, Igor, Reneé Rapp, Leisha Hailey, Jennifer Beals, Katherine Moennig, Ilene Chaiken, Rapp, Kesha, Emma McIntyre, ToK, l1TbBn9Mnq — Courtney Howard, Becky G, Chanel, Becky, RIKA ❤ ️‍🔥 ( Organizations: Service, Colorado, Business, Machine, Guardian, Los Angeles Times, Del, Coachella, Valley Music, Arts Festival, Empire Polo Club, Vogue, Bizarrap, WHO Locations: Coachella, Black, Indio , California, AFP, LA

Trian claims Disney's board has failed to generate sufficient returns in recent years as subscription streaming losses have mounted and traditional TV subscribers have declined. Early vote countBoth Disney and Trian received support from influential shareholders ahead of Wednesday's meeting. Roughly one-third of Disney's shareholders are retail shareholders, who historically vote in small numbers in annual meetings. The arrangement still raised questions about ValueAct's support for the company and whether Disney's board should have disclosed the prior relationship. WATCH: Disney board battle reaches final moments

Persons: Bob Iger, Mickey Mouse, Valerie Macon, Nelson Peltz, Jay Rasulo, They've, Maria Elena Lagomasino, Michael Froman, Peltz, Ike Perlmutter, Trian, Disney's, Iger, Bob Chapek, Patrick T, Adam Jeffery, Morgan Stanley, James Gorman, CNBC's, George Lucas, Laurene Powell Jobs, Lucas, Powell Jobs, Ken Squire, Rowe Price, Rowe, Mason Morfit's, ValueAct, Neuberger Berman, John Ferguson, Rasulo —, Glass Lewis, Iger's, Gorman, Jeremy Darroch, CNBC's Andrew Ross Sorkin, Heidi Gutman, Lagomasino, shouldn't, Blackwells, Rasulo, Jason Aintabi, John Foley, Jessica Schnell, Craig Hatkoff, Leah Solivan, ValueAct hasn't Organizations: AFP, Getty Images Disney, Voters, Trian Partners, Disney, PepsiCo, Marvel, SEC, Fallon, Bloomberg, Getty, CNBC Disney, CNBC, Star Wars, LucasArts, Pixar, BlackRock, Institutional, California Public Employees, Yacktman Asset Management, Saratoga Proxy, ISS, Sky, Trian Fund Management, NBCU, Bank, NBCUniversal, Green, Comcast Locations: Los Angeles, New York

☆ Watch what you say about Taylor Swift around your kids. Why it’s important
▼ + stars: | 2024-02-09 | by ( Analysis Dr. Katie Hurley | ) edition.cnn.com time to read: +5 min

Rapper Eminem stands on the field before the January 14 game between the Detroit Lions and Los Angeles Rams. Kevin Mazur/TAS23/Getty Images for TAS Rights ManagementOwn your narrativeDespite near-constant media scrutiny and rumors, Swift continues to own her narrative. This is a great lesson for young girls and women of all ages who can feel judged and criticized by others. There’s not a single reason to take that away from the many young fans who look up to her. She is the author of five books, including “No More Mean Girls: The Secret to Raising Strong, Confident, and Compassionate Girls.”

Persons: CNN —, Eminem, Taylor Swift, Travis Kelce’s, Kevin Sabitus, Kelce, I’ve, tween, Swift’s, shouldn’t, Swift, David Eulitt, It’s, Lana Del Rey, Valerie Macon, Kevin Mazur, doesn’t, Katie Hurley, Strong, ” Organizations: CNN, San Francisco 49ers, NFC, Detroit Lions, Kansas City Chiefs, Chiefs, Los Angeles Rams, Super, Denver Broncos, Getty, Mutual, Teen, MetLife, Management, Compassionate Locations: AFP, East Rutherford , New Jersey

☆ Takeaways from the Emmy Awards
▼ + stars: | 2024-01-15 | by ( Brian Lowry | ) edition.cnn.com time to read: +5 min

CNN —After a four-month delay prompted by Hollywood’s twin actors and writers strikes, the 75th annual Emmy Awards finally have their moment in the spotlight. With its trio of technical wins at earlier Emmy presentations, the show drove away with eight awards in all. Brunson became the first Black women recognized as lead comedy actress in more than four decades, since Isabel Sanford of “The Jeffersons.”Quinta Brunson accepting the award for lead actress in a comedy at Monday's Emmy Awards. John Oliver, winner of outstanding scripted variety series with "Last Week Tonight with John Oliver," speaks onstage at Monday's Emmy Awards. Because of the postponement, the Emmys somewhat awkwardly followed the Golden Globes and Critics Choice Awards in rapid succession.

Persons: HBO’s, ”, Ali Wong, Steven Yeun, Anthony Anderson, Christina Applegate, Carol Burnett, Quinta Brunson, Ayo, “ Abbott, –, Brunson, Isabel Sanford of, ” Quinta Brunson, Valerie Macon, Edebiri, Jeremy Allen White, Ebon Moss, Bachrach, “, Jennifer Coolidge, Matthew Macfadyen, ” Niecy Nash, Betts, Jeffrey Dahmer, John Oliver ”, Trevor Noah, John Oliver, Elton John, Oscar, Tony –, Sarah Kate Ellis Organizations: CNN, HBO, Netflix, MLK, “, Getty, Comedy, EGOTs, Disney, Globes, Fox, NFL, The Television Academy, Writers Guild of America, GLAAD Locations: Isabel Sanford of “, AFP, Noah’s, Hollywood

☆ Now Jada Pinkett Smith says she and Will Smith are 'staying together forever' despite separation
▼ + stars: | 2023-11-28 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +3 min

Jada Pinkett Smith addressed her relationship with Will Smith on "The Drew Barrymore Show." Pinkett Smith said she and Smith are "staying together forever." AdvertisementJada Pinkett Smith is now saying she and Will Smith are "staying together forever" despite previously announcing that they have been separated since 2016. Jada Pinkett Smith and Will Smith. Will Smith, left, and Jada Pinkett Smith arrive at the premiere of "Emancipation," Wednesday, Nov. 30, 2022, at the Regency Village Theatre in Los Angeles.

Persons: Jada Pinkett Smith, Will Smith, Drew Barrymore, Pinkett Smith, Smith, —, Barrymore, Getty, Valerie Macon, recommit, Chris Rock, Chris, Jordan Strauss, Richard, Jada Organizations: Service, Entertainment, Village Theatre Locations: New York City, Los Angeles, Baltimore , Maryland

☆ What to Watch For in Thursday’s GDP Report: How High Did Consumers Push Economic Growth?
▼ + stars: | 2023-10-26 | by ( Amara Omeokwe | ) www.wsj.com time to read: +1 min

Tickets to movies helped drive strong consumer spending over the summer. Photo: Valerie Macon/Agence France-Presse/Getty ImagesU.S. economic growth accelerated sharply during the third quarter, forecasters estimate, as Americans increased spending and shook off fears of a slowdown. Economists surveyed by The Wall Street Journal estimate gross domestic product grew at a seasonally- and inflation-adjusted 4.7% annual rate in the third quarter—more than double the second quarter’s 2.1% pace. The Commerce Department is set to release its initial estimate of third-quarter gross domestic product at 8:30 a.m. Eastern time Thursday. In April, economists expected the economy would contract slightly over the summer months.

Persons: Valerie Macon Organizations: Agence France, Getty, Wall, Commerce Department Locations: Ukraine

☆ Mexican city will fine anyone performing misogynistic songs
▼ + stars: | 2023-08-02 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —Authorities in the Mexican city of Chihuahua have moved to ban performances of songs that “promote violence against women,” citing high levels of domestic violence. The law bans the performance of songs that promote violence against women, as well as their discrimination, marginalization or exclusion, said Bonilla. Narcocorridos and corridos tumbados, types of homegrown Mexican music linked to violence and the drug trade, could also be affected. In 2012, the city banned popular Mexican group Los Tigres del Norte after the band played three songs categorized as narcocorridos. Chihuahua city is the capital of Chihuahua state in northern Mexico.

Persons: Marco Bonilla, ” Bonilla, Valerie Macon, ”, Bonilla, councilwoman Paty Ulate, Ulate, “, corridos, Natanael Cano, Andrés Manuel López Obrador, corridos tumbados Organizations: CNN, Authorities, Facebook, Getty, Instituto Municipal de, Tigres del Norte, Ciudad Juárez Locations: Mexican, Chihuahua, AFP, Mexico, Ciudad

Social Security has likely touched your life or the life of someone you know. While you're working, a chunk of your paycheck goes toward Social Security. In 2023, nearly 70 million Americans will receive a Social Security benefit every month. The Social Security Board of Trustees projected in its annual report that the combined asset reserves of the Social Security trust funds will become depleted in 2034, one year sooner than previously projected. A woman stands outside a U.S. Social Security Administration building in Burbank, California, Nov. 5, 2020.

Persons: it's, Kathleen Romig, Valerie Macon Organizations: Security, Social Security, Budget, Social, Social Security Administration, AFP, Getty Locations: Burbank , California

☆ Emmy Nominations Emmy Nominations 2023 Live Updates: How to Watch
▼ + stars: | 2023-07-12 | by ( John Koblin | ) www.nytimes.com time to read: +1 min

July 12, 2023, 9:59 a.m. ETImage The actress Yvette Nicole Brown, above, will be joined by Frank Scherma, the chair of the Television Academy, in a presentation of this year’s Emmy nominees. Shows eligible for this year’s Emmys had to premiere between June 2022 and May 2023. The top winners are scheduled to be unveiled during a prime-time Emmy ceremony on Sept. 18. But with Hollywood writers on strike, there is a strong possibility the event will be postponed.

Persons: Yvette Nicole Brown, Frank Scherma, Valerie Macon, — Organizations: Television Academy, Agence France, Fox, Hollywood

☆ Concert season is so weird right now
▼ + stars: | 2023-07-08 | by ( Lisa Respers France | ) edition.cnn.com time to read: +5 min

Which “hurls” us into this week’s newsletter…Something to sip on…Pink performs on stage during a concert in Vienna, on July 1. ALEX HALADA/AFP via Getty Images“No home training.” – That’s what my late grandmother would have said about people who are throwing things at artists during concerts these days. Because clearly, if you are throwing things during a concert, you want to be a part of the performance. The married couple have a new weekly podcast, “The Best Podcast Ever.” Part of iHeartMedia’s Outspoken series, the project aims to amplify voices throughout the LGBTQ+ community. “The Best Podcast Ever” debuts July 10.

Persons: Pink, ALEX HALADA, ”, Lil Nas, Bebe Rexha, wilding, You’re, Tik tok, don’t, Charlie Puth, Adele, … Harrison Ford, Indiana Jones, That’s, ” “ Oppenheimer, Barbie ”, “ Barbie, Miranda Maday, Valerie Macon, Symoné, Miranda Pearman, “, Count, … Andrew Ridgeley, George Michael, Wham, Andrew Ridgeley, It’s, Michael Organizations: CNN, Getty, Lucasfilm, BEST, Netflix, Wembley Locations: Vienna, AFP, Stockholm, New York City, Vegas, Beverly Hills, China, England

Coronations at Westminster Abbey go back almost one thousand years. Like Charles III, William had his coronation at Westminster Abbey. Gross says coronation blunders do not become truly significant for monarchs until their reign starts to go wrong. A “beautiful and symbolic” silver cross containing a piece of the so-called True Cross will lead King Charles’ coronation procession in London next month. Meanwhile, gun salutes will sound from military bases and ships at sea to mark the moment Charles is crowned King.

☆ Disney needs to show investors it has a plan to make streaming profitable — and stop hemorrhaging money
▼ + stars: | 2023-02-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

Disney's direct-to-consumer unit, which includes streaming platforms Disney+, Hulu and ESPN+, has yet to reach profitability — losing nearly $1.5 billion last quarter. Those loses spurred Disney's board to push out then-CEO Bob Chapek and bring Iger back to the top job. In 2021 Disney spent $25 billion to produce original content, and the following year expanded its budget to $33 billion. Similarly, Macquarie's Nollen said Disney's advertising-based subscription tier for Disney+ is "a lever Disney can pull to raise revenue." "Lots of angry people ask me why I support Nelson Peltz for the Disney board, and I give a simple answer: What has this board done for its shareholders other than wipe out more shareholder money?"

☆ Will 'Emancipation' set Will Smith free from 'the slap?'
▼ + stars: | 2022-12-10 | by ( Lisa Respers France | ) edition.cnn.com time to read: +6 min

Three things to watch‘Emancipation’Will Smith (center) in a scene from "Emancipation." Smith has been banned from attending the Oscars for the next decade, but he is still eligible for nominations. ‘Idina Menzel: Which Way to the Stage?’Idina Menzel attends the American Music Awards on November 20, 2016 in Los Angeles. A Boogie wit da Hoodie performs at the Rolling Loud Los Angeles festival on December 15, 2019 in Los Angeles. Something to sip onNick Cannon attends an event at the GRAMMY Museum on June 25 in Los Angeles.

Three people close to FTX and Bankman-Fried told CNBC that the former CEO lobbied aggressively for a partnership with 11-time Grammy Award winner Taylor Swift. Bankman-Fried's commitment to getting the Swift deal done despite the deteriorating business environment fit a pattern of ignoring his lieutenants and going it alone, a half-dozen former company insiders and business partners said. The Financial Times reported earlier that FTX held talks with Swift about a potential sponsorship. Part of the Swift deal would have included the production by the singer of a collection of non-fungible tokens (NFTs), or digital items that can rise and fall in value. Beyond that, there was a lack of clarity over what Swift would be doing for the company, sources said.

☆ Capital One cardholders can get early access to Taylor Swift concert tickets — here are the best cards to consider if you want to get in on the presale
▼ + stars: | 2022-11-03 | by ( Jasmin Baron | Read More | Read Less | ) www.businessinsider.com time to read: +29 min

The other method is far more simple: If you have a Capital One credit card or debit card, you're eligible for Taylor Swift presale tickets. Cardholders will get access to Capital One's Taylor Swift presale on November 15, 2022, at 2 p.m. local venue time. It's not too late to apply for a Capital One credit card before tickets go on sale. Capital One credit cards for Taylor Swift presale ticketsCapital One issues dozens of credit cards — from high-end premium travel cards like the Capital One Venture X Rewards Credit Card, to cards for folks just starting out with credit like the Capital One QuicksilverOne Cash Rewards Credit Card and Capital One Platinum Secured Credit Card. Read our Capital One SavorOne Cash Rewards credit card review to learn more.

☆ Danaher shares slide after knockout quarter. Here's why it's a buying opportunity
▼ + stars: | 2022-10-20 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

That trend is expected to continue and result in high-single-digit core revenue growth for the bioprocessing business for the full year. Driving the gains was 30% core revenue growth at Cepheid as the businesses respiratory testing revenue of about $875 million exceeded management's expectations of roughly $325 million. Guidance Management expects overall core revenue growth to be flat to down low-single-digits for the fourth quarter. For the full year 2022, management continues to forecast base business core revenue growth in the high-single-digit percent range. That's better than the 5.9% full-year core revenue growth expected on the Street.

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