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I tried using a sous-vide method for juicier, better chicken at home. The technique is super easy, basically just throwing things in a bag and placing it in water. I'd make a few adjustments next time, but I can't wait to make sous-vide chicken again. AdvertisementMy parents were early adopters of the sous-vide trend, and I quickly realized how easy it made slow-cooking meats. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business
A Pasta That’s Perfect for Easy Cleanup
  + stars: | 2024-03-05 | by ( ) www.nytimes.com   time to read: +2 min
Last week, I asked for your favorite brilliant and easy dinners after I shared a new one of mine, Eric Kim’s peanut butter noodles. I got an email from a reader named Lia that was so attuned to the prompt that I’m sharing it here. (I’ve done this with fresh and with frozen salmon, both work well, but frozen is in some ways better because: 1. Toss in a good amount of hearty greens (anything will do, but my favorite is frisée) and mix a bit. Our editors pick easy meals with easy cleanup, like the one-pot spaghetti with cherry tomatoes and kale below.
Persons: Eric, Lia, it’s, I’m Organizations: New York Times Locations: juicier, New
But International Wing Factory in New York City doesn't describe them as boneless wings, preferring to simply call them boneless chicken. "I always wrote 'boneless' on my menu because being a chef, I know there is nothing called boneless wings," owner Deepak Ballaney told Business Insider. Sweet-potato fries, boneless wings, and bone-in wings from Wingstop. So-called boneless wings can also be easier to process because you don't have to deconstruct the bird as much, Tower said. AdvertisementOne Wingstop restaurant in Rochester Hills, Michigan charges $12.49 for 10 classic wings and $10.29 for the same number of boneless wings.
Persons: , Deepak Ballaney, Ballaney, Grace Dean, Jon Tower, you've, Nick White, White, it's Organizations: Service, Factory, Business, Citi, Orange, Orange Buffalo, Buffalo Wild Wings Locations: New York City, Wingstop, Rochester Hills , Michigan, Orange Buffalo, London
Two of the world's biggest economies are officially in recession, per new figures published Thursday. Meanwhile, UK growth shrank for the second straight quarter — just months ahead of a key election. Japan and the UK are both officially in recession, according to figures published Thursday, after Gross Domestic Product (GDP) fell for two consecutive quarters to close out 2023. UK: Cost-of-living crisis, weak spendingBritain also got some bad economic news Thursday, as official data showed its economy shrank by 0.3% between October and December — its second straight quarterly contraction. That officially put the UK into recession.
Persons: , Dow Jones, It's, juicier, Goldman Sachs, Rishi Sunak Organizations: Service, Gross, Dow, Bank of, Britain, Bank of England’s, European Union, Conservatives, Labour Party, Politico Locations: Japan, Germany, China, European
Read previewJack in the Box wants the Smashed Jack to be the "best burger" in the fast-food industry. "We're sold out," Ryan Ostrom, Jack in the Box's chief marketing officer, told reporters at a media event Wednesday at the chain's San Diego headquarters. Jack in the Box's Smashed Jack burger took two years to develop. A Bacon Double Smashed Jack, a burger with two patties and bacon, will also be available. AdvertisementJack in the Box is hoping for the same kind of buzz with the Smashed Jack.
Persons: , Jack, We're, Ryan Ostrom, McDonald's, Ostrom, Nancy Luna, It's, Anneta, Bacon, Burger King Organizations: Service, Business Locations: San Diego
When Tiger Woods addressed his long-anticipated comeback from ankle surgery that has sidelined him since April, he delivered something even juicier than updates about his own future: his insight into the uncertain future of professional golf. Woods, who’s set to tee off Thursday at the Hero World Challenge that he hosts in the Bahamas, said his ankle is now pain free and that he hopes to play as much as once a month next year. But from his powerful perch inside the negotiations, the 1,328th ranked golfer in the world also provided some of the most revelatory remarks about the status of the stunning pact between the PGA Tour and its Saudi-backed rival.
Persons: Tiger Woods, who’s Organizations: PGA Tour Locations: Bahamas, Saudi
10-year Treasury yields hit a 16-year high Wednesday and are hovering just below 5%. These four charts capture the bond-market chaos of the past few weeks. Over the past 18 months, the Fed has raised borrowing costs from near-zero to over 5%. When borrowing costs rise, older debt with a lower coupon payment becomes less attractive to investors. Again, its movements have been driven by interest rate expectations – because when borrowing costs rise, the buck becomes more attractive to foreign investors seeking juicier yields.
Persons: Organizations: Service, Treasury, Federal Reserve, Dow Jones, US
Stocks had their worst month of 2023 in September. These four charts sum up a rough month for the market. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The end of the third quarter does tend to be a miserable time for stocks – leading to traders coining the term "September Effect". Higher benchmark oil prices tend to be bad news for inflation gauges, because they have the knock-on effect of driving up the cost of everyday products – especially gasoline.
Persons: Stocks, , Tesla, Henry Allen, Jerome Powell Organizations: Nasdaq, Service, Dow Jones, Apple, Microsoft, Nvidia, Big Tech, Deutsche Bank, Federal Reserve, Traders, West Texas
Stingy UK bank saving rates may become a non-issue
  + stars: | 2023-08-10 | by ( Liam Proud | ) www.reuters.com   time to read: +4 min
LONDON, Aug 10 (Reuters Breakingviews) - Banks are keeping the fruits of higher interest rates for themselves. Between January 2022 and May 2023, the Bank of England hiked rates by 4.25 percentage points. The nine largest UK banks boosted the interest on easy-access savings accounts by 1.18 percentage points, the FCA found. The upshot is that they’ll have to bid more aggressively for funding in the future, for example by raising interest rates on savings accounts. Second-quarter results suggest it too is paying more for funding: interest expense almost doubled between the second half of 2022 and the first half of 2023.
Persons: juicier, BoE, George Hay, Streisand Neto Organizations: Reuters, Authority, Barclays, Lloyds Banking Group, Bank of, FCA, Monday, Reuters Graphics Reuters, NatWest, Barclays ’, Lloyds, Banco Santander, Banco Bilbao Vizcaya Argentaria, European Central Bank, Bank of England, ECB, Spanish, Financial, HSBC, Santander UK, Nationwide Building Society, TSB Bank, Virgin Money, Bank, Thomson Locations: Britain, Spain, Bank of England, Italy, Hungary
Why white asparagus is so expensive
  + stars: | 2023-08-07 | by ( Chris Snyder | ) www.businessinsider.com   time to read: 1 min
White asparagus, often referred to as "white gold," can cost three times as much as green asparagus. During this brief period, farms in the area and restaurants around the world offer white-asparagus dishes on their menus. Chef Erwin Schröttner from Cafe Katja in New York City says white asparagus is much juicier than the green variety, and he serves his stalks freshly peeled, boiled, and smothered in hollandaise sauce with various side dishes. But because white asparagus has to be grown in a specialized way that keeps the stalk underground for longer periods of time, these meals come at a premium. Farms like Jakobs-Hof in Beelitz, Germany, work around the clock to make sure their asparagus stalks maintain their pure white color and are of the highest quality.
Persons: Chef Erwin Schröttner Locations: Central Europe, New York City, Hof, Beelitz, Germany
Sterling initially dropped, reflecting disappointment after traders had priced in a 30% chance of another 50 bp hike. Longer-term gilt yields, more responsive to investors' perceptions about the economic growth trajectory, rose by the most in a month. Governor of the Bank of England Andrew Bailey attends a press conference for the Monetary Policy Report August 2023, at the Bank of England in London, Britain, August 3, 2023. Two-year gilt yields have risen by more than 120 basis points this year, more than double the increase of their U.S. equivalent. On Thursday, two-year gilt yields were down 5 bps in late trade, while those on 30-year debt rose 10 bps, the most in a month, to 4.66%.
Persons: BoE, Andy Burgess, Andrew Bailey, Sterling, we've, Bank of England Andrew Bailey, Alastair Grant, Jeremy Hunt, Carl Shepherd, they'll, juicier, Peter Goves, Kirsten Donovan Organizations: Bank, Bank of England, Monetary, REUTERS, Conservative, Newton Investment Management, Swiss, MFS Investment Management, Reuters Graphics, Thomson Locations: AMSTERDAM, LGIM, London, Britain, U.S
If you have a bit more time, there’s also her salt and vinegar kale chips with fried chickpeas and avocado and crispy potato tacos filled with cheese and potato skins for texture. Also on your table in 20 minutes and vegetable-based (though not vegetarian) is my recipe for a cherry tomato Caesar salad. Juicier and sweeter than the usual lettuce-only version, it’s got curls of Parmesan cheese and bits of anchovy providing a savory contrast. For dessert, how about a pale green basil Key lime pie? This one is more complex than the usual Key lime confection, with its especially fruity topping of macerated fresh strawberries.
Persons: , , there’s, it’s, I’ve, Yewande, It’s Organizations: YouTube Locations: Uganda
The Secret to Better Salmon Is Salt
  + stars: | 2023-05-21 | by ( Sam Sifton | ) www.nytimes.com   time to read: +1 min
J. Kenji López-Alt went full Kenji recently and dove deep into the process of dry-brining salmon to achieve firmer, juicier, less albumin-stained cooked fillets. Which means if I can get to the store early today, I can make Ali Slagle’s new recipe for teriyaki salmon or my old one for pan-roasted salmon with jalapeño (above) this evening, and eat it with steamed rice and Mark Bittman’s salad of asparagus ribbons tossed in sesame oil and rice vinegar. As for the rest of the week. “Just made this and mid-meal felt the urgent need to come here and rave about it,” one subscriber noted on the recipe. “Super easy and super quick to make!”
New UBS investor pitch fits better than old one
  + stars: | 2023-04-25 | by ( Liam Proud | ) www.reuters.com   time to read: +3 min
LONDON, April 25 (Reuters Breakingviews) - UBS’s (UBSG.S) old strategy under former CEO Ralph Hamers was safe but not particularly rewarding. True, the wealth business pulled in about $20 billion of new fee-paying assets in the first quarter. The revenue UBS generates in wealth management fell to 78 basis points of average fee-earning assets in the first quarter, from 82 basis points a year ago. The second Ermotti era, by contrast, at least offers the chance of some upside. UBS reckons it can eventually wring $8 billion of annual cost savings from the combination with Credit Suisse.
ORLANDO, Florida, April 21 (Reuters) - Even though it may surprise some that it's positive at all, the risk premium on equity over bonds has hit historic lows - a key driver of the recent dash for fixed income. The so-called equity risk premium (ERP), the extra return investors can expect for holding stocks over risk-free government bonds, is hovering around its lowest level since before the Great Financial Crisis. The S&P 500 earnings yield is calculated dividing the latest or forecast 12-month earnings per share by the market's current level. The ERP is then arrived at by subtracting a benchmark bond yield, say 10-year, from the equity market earnings yield. "The earnings yield is not what it used to be but it is still attractive relative to other opportunities," Jaffee said.
India's HDFC is in fine shape for its big deal
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +2 min
HDFC Bank’s (HDBK.NS) net interest income rose 20% year-on-year in the three months to March. The $116 billion financier’s mix of deposits points to some niggles. As interest rates rise, savers tend to move idle funds from low-yielding checking accounts to fixed deposits, where money is locked up for a specific period against juicier interest rates. For now, the hotly watched net interest margin, unchanged at 4.3% for the last nine months, is holding up. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
By contrast, German banks, which are perceived as safer because of their government's high credit rating and two separate safety nets on deposits, saw an increase in demand, both platforms said. Sibylle Miller-Trach of the German consumer association in Bavaria said "term deposits aren't necessarily safe" and savers should gather information about the creditworthiness of the bank and its country. Household flows into bank deposits with an agreed maturitySPREAD SEEN WIDENINGCheck24 and competing platforms do not publish figures about their volumes of business so it is hard to tell how much money Germans have deposited abroad. By contrast, the most that savers could get from a German bank was 2.55% from online lender SWK Bank. "The current crisis is leading customers to keep their deposits with their local bank," said Christian van Beek, a director at the Scope Ratings agency.
Meanwhile, markets are still reeling from the SVB fiasco, but there's a simpler reason why the stock market is going to be trading flat for the foreseeable future. Banking turmoil aside, the stock market doesn't have much momentum as long as investors are getting much higher yields on risk-free assets. Even before Silicon Valley Bank crashed, investors were feeling the pain of a volatile stock market. What's your prediction for the stock market through the first half of this year? Zurich-listed shares of Credit Suisse are down more than 58% early Monday.
K-Pop’s Corporate Battle Royale Is Just Getting Started
  + stars: | 2023-03-02 | by ( Jacky Wong | ) www.wsj.com   time to read: 1 min
South Korea’s Hybe, the agency behind boy band BTS, is seeking to gain control of SM Entertainment. The Korean pop music industry’s corporate-takeover drama is getting juicier—and the plot twists more outrageous. But shareholders in one of K-pop’s corporate titans will likely end up with a fat payoff when the dust finally settles. South Korea’s Hybe, the agency behind boy band BTS, is attempting to gain control of one of its biggest rivals, SM Entertainment. On Thursday, it upped the ante ahead of SM’s shareholder meeting at the end of March with a bespoke website featuring an open letter to SM investors.
Rates on U.S. Treasurys have spurted even higher, and that means you don't have to look too far to safely grab some yield for your cash holdings. The yield on six-month Treasurys have surpassed 5%, and even 1-month bills tout rates of 4.5%. Further, you can put the same concept to work with short-dated Treasurys to get a little more yield on your cash and do so safely. Risk management and ladders When interest rates are rising, you can reinvest the proceeds of the maturing bonds in your ladder into a longer-dated issue. In a falling rate environment, you can count on the bonds that have already locked in the higher yields.
Food writer Su-Jit Lin grew up working in her parents' American Chinese kitchen. Double meat is paid for unflinchingly at the likes of Chipotle; why should Chinese takeout be any different? Plus, the Chinese takeout restaurant industry is competitive, and offering good bang for your buck is often what the owners are convinced help them survive. This is a common formula for Chinese takeout across America. Don't order too close to opening or closing timeA lot of American Chinese food depends on our prep being hot and ready.
Signs of a peak in developed market rates are another reason why China's bonds, yielding roughly 3% on 10-year investments, are less appealing, given the potential greater capital gains elsewhere. "If investors are saying that I want to trade the China recovery, the answer is not Chinese government bonds (CGBs). "China bonds served as a very good type of diversifier, in particular over the past 3 years," said Pang. But as global rates hit a peak, it made sense to plough limited cash into better yielding markets, he said. ($1 = 6.7969 Chinese yuan renminbi)Reporting by Summer Zhen Additional reporting by Rae Wee in Singapore Editing by Vidya Ranganathan and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Chili’s Original Chicken TendersChili's replaced its Original Chicken Crispers with something crispier, as pictured here. Honest TeaRIP Honest Tea. Weeks after Coke’s announcement, the founders of Honest Tea launched another bottled iced tea drink called Eat the Change. Wendy’s Vanilla FrostyWendy's vanilla Frosty will come back eventually. Let’s be clear: the Vanilla Frosty isn’t gone for good.
Reuters GraphicsThe dollar has risen 9% this year, as the Federal Reserve has jacked up interest rates to combat inflation at 40-year highs. As other central banks, from the Bank of England, to the European Central Bank, and the Reserve Bank of Australia, have raised their own rates, dollar bulls have run out of puff. The close relationship between Japanese monetary policy and U.S. Treasuries adds another twist to the story. It all boils down to whether Japanese investors have hedged their Treasury exposure or not, he said. But the stress is on "at the margin", not least because of the sheer size of Japanese investors' holdings of U.S. debt, analysts said.
Stocks plunged earlier this month after the closely watched November jobs report showed a resilient labor market. They fell again on Thursday when weekly numbers showed the number of Americans filing for unemployment benefits fell, indicating a still-tight labor market. “There’s an imbalance in the labor market between supply and demand,” he said, adding that it will take a “substantial period” to fix that imbalance. That path to the Fed’s 2% inflation target is through the jobs market. “There will be some softening in labor market conditions,” Powell said.
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