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About a minute later, a deep, foghorn-like honk rumbled from a dump truck as it turned onto 89th Street. Speaking loudly over the horns of impatient drivers, several locals said in interviews that they were unbothered by the constant honking. “It just feels like the soundtrack to the city.”Using a vehicle horn when there is no “imminent danger” is prohibited under New York City’s noise code. A small number of local officials, noise experts and activists have pushed the city for decades to enforce the law. But catching offenders in the act is difficult, and in a city notorious for its aggressive driving culture and heavy traffic, squashing the urge to honk is an uphill battle.
Persons: toots, , , Erin Clement Organizations: Columbus Locations: Manhattan, New York
Why gold prices are at record highs
  + stars: | 2024-04-09 | by ( John Towfighi | ) edition.cnn.com   time to read: +6 min
Central banks see gold as a long-term store of value and a safe haven during times of economic and international turmoil. When interest rates fall, gold prices tend to rise, as bullion becomes more appealing than income-paying assets like bonds. Investors also regard gold as a hedge against inflation, betting bullion will retain its value when prices rise. The People’s Bank of China bought gold for the 17th straight month in March, adding 160,000 ounces to bring reserves to 72.74 million troy ounces of gold, according to Reuters. Higher oil prices are likely to stoke concerns over inflation, boosting gold prices, according to the UBS research note.
Persons: China —, Ulf Lindahl, Lindahl, Morgan, JP Morgan, Janet Yellen’s, Yellen, Mark Zandi, Jerome Powell, Wells, Richard Galanti, It’s Organizations: New, New York CNN, Investors, Federal Reserve, China, People’s Bank of China, Reuters, UBS, Research Associates, Moody’s, of Commerce, Costco Locations: New York, China, India, Turkey, Central, Wells Fargo
But I felt like drinking was part of my identity and didn't tell anyone I was sober for a while. Finally, a few months into my sobriety, I told my husband, and then slowly told my friends. I didn't tell anyone I was sober for a whileWhen I first stopped drinking, I didn't tell anyone. I sat alone with the secret of my sobriety, which should have felt more like a feather than a bomb. Then, after almost a year of my own sobriety, my husband gave up drinking, too.
Persons: , I'd, We'd, I'm, I've Organizations: Service
New York CNN —Dealmaking is the lifeblood of Wall Street. But analysts say that funding cuts in the plan could end up harming mergers and acquisitions on Wall Street, squashing hopes of a recovery in dealmaking. The bad news: Recent regulations and proposed budget cuts threaten to step on those green shoots before they’re able to flower. Why it matters: Dealmaking isn’t just good for Wall Street. Shares of the stock are down nearly 30% so far this year after its seemingly nonstop streak of bad luck.
Persons: New York CNN — Dealmaking, Joe Biden, squashing, It’s, Goldman Sachs, , Lucille Jones, Jones, Mitch Berlin, Biden, , ” Berlin, That’s, Hewlett Packard, , TikTok —, Brian Fung, TikTok, Shou Chew, Nadya Okamoto, Okamoto, Teddy Siegel, Siegel, David Goldman, LATAM, it’s, Max Organizations: CNN Business, Bell, New York CNN, Wall, LSEG, Federal Reserve, Federal Trade Commission, Department of Justice, Congressional, Office, CNN, Discover Financial Services, Hewlett, Juniper Networks, Target, Boeing, Alaska Airlines, United Airlines, The National Transportation Safety, Federal Aviation Administration, FAA, NTSB Locations: New York, dealmaking, EY, Berlin, , LSEG, Australia, New Zealand, Newark
But Trump’s comments on TikTok and Social Security, both in an unfettered interview on CNBC, suggest not calculation, but confusion about Social Security and ambivalence about TikTok. Social Security was a top issue during the Republican presidential primary, when Trump attacked his GOP opponents, accusing them of wanting to take social security benefits away from older Americans. In an ad-libbed and meandering answer during a telephone interview broadcast on CNBC, Trump seemed to suggest that he was open to cutting Social Security. Have you changed your, your outlook on how to handle entitlements Social Security, Medicare, Medicaid, Mr. President? His answer also did nothing to address Kernen’s larger question, about Social Security and Medicare’s insolvency crisis.
Persons: Donald Trump’s, Joe Biden, Biden, Trump, It’s, CNBC’s Joe Kernen, we’ve, Joe Biden’s, Karoline Leavitt, ” It’s, Abby Phillip, Nikki Haley, ByteDance, ” Trump, ” Biden, Brian Fung, Jeff Yass, Steve Bannon, Organizations: CNN, Social Security, Trump, CNBC, Social, Republicans, Republican, GOP, ISIS, Federal Reserve, Treasury Department, South Carolina Gov, House Republicans Locations: Trump, TikTok’s China, China, TikTok, Yass
The House of Representatives, by an extremely narrow margin, voted Tuesday to impeach Homeland Security Secretary Alejandro Mayorkas, the first Cabinet secretary to be impeached in almost 150 years. The Department of Homeland Security said that House Republicans “will be remembered by history for trampling on the Constitution” following the vote to impeach. “Secretary Mayorkas and the Department of Homeland Security will continue working every day to keep Americans safe,” the statement said. Ken Buck, Tom McClintock, and Mike Gallagher are three House Republicans who voted against impeaching Mayorkas. Mayorkas has sent a letter to House Republicans to defend his record in public service in advance of the vote.
Persons: Alejandro Mayorkas, Mayorkas, Joe Biden, William Belknap, Republicans – Ken Buck, Republicans – Ken Buck of Colorado, Mike Gallagher of, Tom McClintock, California –, Republicans “, Mia Ehrenberg, Steve Scalise, Texas Democrat Al Green, Ken Buck, Mike Gallagher, impeaching Mayorkas, , Troy Nehls, we’re, , Lance Gooden, Patrick McHenry of, Kevin McCarthy, Mike Johnson, “ He’s, Ian Sams, Chuck Schumer’s, Pro Tempore Patty Murray, ” Schumer, Johnson, Donald Trump, ” Mayorkas, CNN’s Morgan Rimmer, Manu Raju Organizations: Homeland, Republicans, Biden, Department of Homeland Security, , Texas Democrat, AP, Getty, GOP, CNN, Texas, Democratic, Pro Tempore, House Republicans, , Communist, Democrats, Homeland Security, Republican, Border Patrol Locations: Republicans – Ken Buck of, Mike Gallagher of Wisconsin, California, Israel, Texas, , Patrick McHenry of North Carolina, Cuba
Polls indicate New Hampshire offers Haley her best chance for a win, while DeSantis, polling a distant third, is already looking ahead to South Carolina. While Tuesday's primary result is expected to be narrower, the latest polls of likely New Hampshire GOP primary voters show Trump leading Haley by double digits. They have been joined in recent days by a growing number of Trump's one time Republican primary rivals — Nebraska Gov. In New Hampshire, Haley is right: She and Trump are the top two candidates by far in the polls, with DeSantis a distant third. Days away from the New Hampshire primary, DeSantis' campaign is already shifting resources to South Carolina, while still holding some events in New Hampshire.
Persons: Timothy A, Clary, Donald Trump, Trump, Ron DeSantis, Nikki Haley, Haley, Chris Galdieri, State David M, Scanlan, Biden, , Elise Stefanik, Sen, Ted Cruz, Sean Hannity, Doug Burgum, Vivek Ramaswamy, Tim Scott of, Faith Ninivaggi, Reuters Haley, Galdieri, Haley's, Chris Sununu, Scala, Matt McClain, DeSantis, Joe Biden, Nathan Howard Organizations: Getty, New, New Hampshire voters, Republican, Granite State, Florida Gov, United, New Hampshire, West Wing, Saint Anselm College, State, Democratic, Trump, GOP, New Hampshire GOP, Republicans, New York, Fox News, — Nebraska Gov, Tim Scott of South Carolina —, U.S, Omni, Washington Hotel, Resort, Reuters, The, New Hampshire Gov, CNBC, Florida, LaBelle, Washington Post, DeSantis, NBC News, Biden, Community Center Locations: Concord , New Hampshire, New Hampshire, Iowa, United Nations, South Carolina, Portsmouth , New Hampshire, Monday's Iowa, Granite State, New, Texas, Tim Scott of South Carolina, Bretton Woods , New Hampshire, U.S, Florida, The Granite, Granite, Palmetto, Derry, NH, Raleigh , North Carolina
Tom Turkey float rides during the 97th Macy's Thanksgiving Day Parade in Manhattan, New York City, U.S., November 23, 2023. With Wall Street shut for Thanksgiving on Thursday, Asian investors will miss the usual swing factor. Instead, Friday's release of Japan's core inflation data for October will set the tone for trading in the region. Japan's core consumer inflation likely accelerated again in October, staying above the central bank's 2% price target for a 19th straight month, according to a Reuters poll. But some of the inflation-easing trade is already priced into the market, reflected in the near 11% rally in the MSCI world index (.WORLD) in the past 18 trading days.
Persons: Tom Turkey, Brendan McDermid, Denny Thomas, Josie Kao Organizations: REUTERS, Rights TORONTO, Bank of, Beijing, European Central Bank, Stocks, Malaysia CPI, Thomson, Reuters Locations: Manhattan , New York City, U.S, Japan, China, Europe, Singapore, New Zealand, Thailand, Taiwan
While none of 26 economists predicted changes in the upcoming December BOJ meeting, many foresaw the negative rate policy, which has set Japan's short-term deposit rate at minus 0.1%, would reach the end of the line next year. In the Nov. 15-20 poll, 22 of 26, or 85%, of economists said the BOJ would end the policy by the end of next year. Having watered down YCC, the BOJ's next focus is to end its negative interest rate policy and push short-term rates to zero, sources previously told Reuters. Close to 85% of poll respondents forecast the BOJ would end its YCC policy, while the rest said it would tweak the scheme again, the poll found. EYES ON NEXT YEAROf 22 economists in the poll who chose 2024 for the end of negative rates, more than a half, 12, opted for the April 25-26 meeting.
Persons: Issei Kato, Kazuo Ueda, Mitsubishi UFJ, Mitsubishi UFJ Morgan Stanley, Hiroshi Namioka, Namioka, Fumio Kishida's, Chiyuki Takamatsu, Satoshi Sugiyama, Veronica Khongwir, Sujith Pai, Sam Holmes Organizations: Bank of Japan, REUTERS, Rights, Bank of, Reuters, Capital, Research Institute, Mitsubishi, Mitsubishi UFJ Morgan, Mitsubishi UFJ Morgan Stanley Securities, D, Management, Fukoku Mutual Life Insurance, Thomson Locations: Tokyo, Japan, Bank of Japan
Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. The dollar kicked off the last quarter of the year on the front foot on Monday as the prospect of higher-for-longer U.S. rates provided solid support, pushing the yen to an 11-month low. Sterling was last 0.13% lower at $1.2188, having similarly slid nearly 4% against the dollar in the third quarter. "This puts the 1 November FOMC meeting back on the table as a potential venue for a further 25-basis-point rate hike." Elsewhere, the Australian dollar fell 0.07% to $0.64305, while the kiwi edged 0.1% lower to $0.59925.
Persons: Olivier d'Assier, Jarrod Kerr, Sterling, Kiwibank's Kerr, Chris Weston Organizations: U.S, Congress, Democratic, U.S . Labor Department, CPI Locations: Tokyo, Japan, Asia, Australia, China
Big gains in the UAW strike could bolster another organizing drive at Tesla. The UAW is looking to remake its reputation among auto workers. AdvertisementAdvertisementA new contract could spur union attempts elsewhereThe UAW strike comes amid a rejuvenated labor movement post-Covid, and after a summer jam-packed with union activism. About 54% of Americans support the UAW strike, according to a recent Morning Consult poll. AdvertisementAdvertisementOrganizing at Tesla still won't be easySome Tesla workers are in the early stages of forming a union, a UAW official told The New York Times.
Persons: , Elon Musk's Tesla, they're, Arthur Wheaton, Tesla, Shawn Fain, paydays, Fain, Jake Rosenfeld, Louis, Kate Andrias, Andrias, Rosenfeld, Musk, backpay Organizations: UAW, Volkswagen, Honda, Toyota, Service, General Motors, Ford, Elon, United Auto Workers, GM, Cornell University, Detroit, Washington University, Columbia University, New York Times, EV, National Labor Relations Board Locations: Wheaton, Illinois, Michigan, St, New York , California , Nevada, Texas
Its startup could add as much as $2 per barrel to prices paid by U.S. Midwest oil refineries that sit along Canada's existing main oil-export route. "They will be competing for barrels that no longer transit through their region," said a Calgary-based oil trader. That has left Canadian oil producers vulnerable to deep price discounts or "blowouts" whenever pipelines become congested or rupture. The start-up of TMX could add a "buck or two" to the cost of a barrel for Midwest refiners, he estimates. So far this year, over 200,000 bpd of Canadian crude has been re-exported from the U.S. Gulf Coast, up from about 73,000 bpd in 2019, Kpler data showed.
Persons: Rory Johnston, Matt Smith, Smith, Stephanie Kelly, Nia Williams, Laura Sanicola, Marguerita Choy Organizations: U.S ., U.S, BP, Citgo Petroleum, Exxon Mobil, Koch Industries, Flint Hills Resources, Canadian, Energy, Administration, TC, Keystone, refiners, Americas, Thomson Locations: CALGARY, Alberta, Coast, U.S, U.S . Midwest, Gulf Coast, Midwest, Flint, Calgary, Canada, Pacific, U.S . West Coast, Asia, Gulf, China, Kpler
Elon Musk and Mark Zuckerberg were seated far apart at a closed-door Senate meeting on AI. Also at the meeting were tech executives like Microsoft's Bill Gates and OpenAI's Sam Altman, who've also had their disagreements with Musk. Musk and Zuckerberg have been feuding since 2016, after a SpaceX rocket explosion destroyed Facebook's first satellite. AdvertisementAdvertisementThe relationship between the two men got even more strained when Zuckerberg launched Threads, a text-based social media platform, in July. Musk first challenged Zuckerberg to a cage fight on June 20, and Zuckerberg took the bait a day later.
Persons: Elon Musk, Mark Zuckerberg, Musk, Mark Zuckerberg haven't, Bill Gates, OpenAI's Sam Altman, who've, Zuckerberg, Meta Organizations: Service, Capitol, SpaceX, Twitter, CNBC Locations: Wall, Silicon, Wednesday's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDOJ seems worried about Google 'squashing' startups, says former Facebook general counselChris Kelly, Kelly Investments founder, joins 'Squawk Box' to discuss how strong the DOJ's case is against Google, which side of the case Kelly would like to represent, and the explanation for how companies get prosecuted in antitrust law.
Persons: Chris Kelly, Kelly Organizations: Google, Kelly Investments
Grimes and Shivon Zilis — both of whom have kids with Elon Musk— have buried the hatchet. Grimes wrote. "Communication about the twins wasn't handled super well in the past, but I now totally understand what happened and totally forgive the situation," Grimes wrote on X on September 10. AdvertisementAdvertisement"So glad we had such a wonderful talk, was insanely overdue," Zilis wrote, calling Grimes a "total badass." He shares three children with Grimes — X Æ A-Xii, or X; Exa Dark Sideræl, known as Y, and Tau.
Persons: Grimes, Shivon Zilis, Elon Musk, Zilis, Elon Musk Grimes, Walter Isaacson's, Jezebel, Elon, Tau, Musk, Justine Musk Organizations: Service, Elon, Street Locations: Wall, Silicon
Qantas CEO’s exit will barely reduce turbulence
  + stars: | 2023-09-05 | by ( Antony Currie | ) www.reuters.com   time to read: +5 min
Alan Joyce, Chief Executive Officer of Qantas, speaks in front of a Qantas 747 jumbo jet, before its last departure from the Sydney Airport in Sydney, Australia, as Qantas retires its remaining Boeing 747 planes early due to the coronavirus disease (COVID-19) pandemic, July 22, 2020. In July Canberra rejected Qatar Airways’ request to add 21 flights a week to key Australian cities. Gina Cass-Gottlieb, the watchdog’s chair, is targeting a fine of at least A$250 million ($162 million), she told ABC’s RN radio programme. Qantas customers can now get a cash refund, while credits issued by the group’s budget airline, Jetstar, now last indefinitely. On Aug. 24 Qantas reported record pre-tax earnings for the year to June 30 of A$2.47 billion.
Persons: Alan Joyce, Loren Elliott, Vanessa Hudson, Gina Cass, Gottlieb, Hudson, Richard Goyder, Buckle, Joyce, , ABC’s, Una Galani, Katrina Hamlin Organizations: Qantas, Sydney Airport, Boeing, REUTERS, Rights, Reuters, Australian Competition, Consumer Commission, Virgin Australia, Regional Express, Qatar Airways, Jetstar, Thomson Locations: Sydney, Australia, Canberra
It might be an unpleasant emotion to experience, and it might be culturally discouraged, but we need anger, she added. While many people may feel the need to resist or hide their anger, these mental health experts are urging the opposite. Anger, they say, is an important tool we should better learn to wield in a kind, healthy and productive way. That is often tied to rage — not anger, Ashway said. But in those cases, “we’re talking about the outcome of unprocessed anger, not anger in and of itself.”Rage, she said, is old, unprocessed anger.
Persons: CNN —, wrathful, , Brett Ford, Jaime Mahler, , Ford, ” Ford, Deborah Ashway, ” Ashway, “ Anger, ‘ something’s, Mahler, Ashway, it’s, ” Mahler, that’s Organizations: CNN, University of Toronto, Toxic Locations: New York, New Bern , North Carolina
5 Wellness Trends to Watch
  + stars: | 2023-08-07 | by ( Dani Blum | More About Dani Blum | ) www.nytimes.com   time to read: +1 min
The internet metabolizes wellness trends the way it churns through celebrity divorce announcements or song snippets on TikTok. Health hacks like slurping down olive oil or chugging bone broth burble up, break through, then slink into obscurity. All these frenetic fads make the concept of “wellness” squishy — wait, we’re drinking lettuce water? Now that summer has slouched into August, here’s a roundup of the health and wellness trends that keep popping up in 2023. There’s Ozempic itself, an injectable diabetes medication that has become increasingly popular as people use it as an off-label tool to lose weight.
Persons: Emily Moquin, here’s, Ozempic ”, Ozempic, There’s
But aside from simply skirting a recession, it’s not obvious what the economy would look like in a soft landing. And who even declares that the Fed has officially defied the odds and achieved a soft landing? The main aspect of a soft landing, according to economists, is the absence of a recession, which is determined by the National Bureau of Economic Research (NBER.) In a soft landing, the job market has to remain intact. The other key feature of a soft landing is for the Fed to successfully control inflation, but that’s open to some interpretation.
Persons: we’ve, , Kayla Bruun, , Julia Pollak, ” Pollak, Josh Markman, cooldown, Austan Goolsbee, ” Goolsbee, Raphael Bostic, Michelle Bowman, Patrick Harker, Armour, Ralph Lauren Organizations: CNN Business, Bell, DC CNN, Federal Reserve, Bank of America, Fed, National Bureau of Economic Research, Morning, Atlanta, ZipRecruiter, Labor, Bel Air Investment Advisors, Federal, Federal Reserve Bank of Chicago, Bloomberg, Atlanta Fed, , Tyson Foods, UPS, Fox, Restaurant Brands, The National Federation of Independent Business, US Commerce Department, China’s National Bureau of Statistics, Disney, US Labor Department, National Statistics, University of Michigan Locations: Washington
Josh Edelson | AFP | Getty ImagesIn June, Apple announced iOS 17, the latest version of the iPhone operating system. Here are some of the biggest changes in iOS 17. A new feature called NameDrop allows two iPhone users to share contact details by simply bringing their phones close together. So, if you have two dogs, Apple Photos can tell the difference between the two in search and other applications. In iOS 17, Apple will be able to automatically input two-factor authentication codes from emails received in the Mail app.
Persons: Tim Cook, Josh Edelson, it's, Apple’s autocorrect, Apple, Sofia Pitt, , Siri, It's, FaceTime Organizations: Apple's Worldwide, Apple, AFP, Getty, Google, AirPods, Sofia Pitt New, Apple Music, Spotify Locations: Cupertino , California, voicemails
Then, a deep dive into MrBeast and what his YouTube empire says about the future of the internet. Reddit came along and said, oh, we need to protect Reddit from the rise of these large language models. So I don’t think they’re totally out of the woods. But I don’t think people would say it was a golden age for how safe the platforms fell to use. But I want to challenge you on this, because I don’t necessarily think that it’s a bad thing if we have past peak trust and safety.
Persons: kevin roose, you’ve, casey newton, casey newton Yes, I’ve, there’s, kevin roose I’m, Kevin Roose, ” casey newton, Casey Newton, Casey, Reddit, casey newton Right, roose, Steve Huffman, you’re, Kevin, It’s, They’re, casey newton Well, they’ve, we’re, Huffman, , Redditors, We’ve, Everyone’s, we’ve, I’m, let’s, Sam Walton, Max, kevin roose Hey, kevin roose Oh, kevin roose Max Read, MrBeast, it’s, Jimmy Donaldson, He’s, Willy Wonka, he’s, somethings, haven’t, kevin roose We’ll, We’ll, kevin roose She’s, she’s, kevin roose MrBeast, Jeremiah, jeremiah howard, Jeremiah Howard who’s, Jimmy, Burger, You’re, Stefan Molyneux, PewDiePie, Paul, Let’s, Raman, kevin roose It’s, MrBeast financials, doesn’t, Logan Paul, they’re, Vincent Miller, Jon Hamm’s, Matthew Weiner’s, kevin roose Max, Will, Max Read, ” kevin roose, casey newton Max, Robert F Kennedy, COVID, Kennedy, Instagram, Connor Roy, Marjorie Taylor Greene, Robert F Kennedy Jr, Elon, Donald Trump, We’re, Jim Jordan, kevin roose Totally, Alex Jones, casey newton Totally, Kate Kalanick, Trump, Tucker Carlson, aren’t, — casey newton, hasn’t, Rachel Cohn, Jen Poyante, Caitlin Love, Alyssa Moxley, Dan Powell, Elisheba Ittoop, Marion Lozano, Sofia Lanman, Rowan Niemisto, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresi, Jeffrey Miranda Organizations: The New York Times, Twitter, YouTube, Lamborghini, Netflix, Walmart, News, Producers, Meta, Instagram, COVID, Democratic, Washington Post, Apple, Republicans, Facebook, 4chan, Republican Party, Trump, Fox News, Stanford, Davis Locations: Hawaii, Reddit, Greenville , North Carolina, hysterics, New Jersey, New York, Greenville, North Carolina, Central, United States, Bay, San Francisco, Stanford
With tennis, the stakes felt higher when rankings points, global recognition, and prize money were on the line. Puig has swapped tennis rackets for running shoes over the past year. Johnny PaceBut the sense of personal satisfaction she gets from running has endured, helping to ease the lingering pain of her retirement from tennis. As a tennis player, Puig always saw running as a form of punishment – never enjoyment. Now, Puig has also set her sights on competing in triathlons, as well as running the remaining marathon majors in Chicago, Berlin, and Tokyo.
Persons: CNN — Monica Puig, Puig, She’s, I’ve, ” Puig, “ I’ve, Johnny Pace, it’s, , I’m, It’s, Lintao Zhang, , Clive Brunskill Organizations: CNN, CNN Sport, Olympic, Rio – Puerto Rico’s, York City Marathon, Madrid, Games Locations: New York City, Boston, London, , Rio –, Chicago, Berlin, Tokyo, Augusta , Georgia, Puerto Rico, York, Beijing
Some 50% of workers think their company is hiding how they will use AI, a new survey found. Workers are concerned about the effect AI will have on their jobs and the industry they work in. It found that 50% of workers think they're being kept in the dark about how AI is going to be used in their organization. The CEO of one energy company said he incorporated AI to respond to customer emails in February. Now the AI is responding to over a third of customer emails which is the work of 250 people.
Belarus PM replaces Lukashenko at ceremony, sparks speculation
  + stars: | 2023-05-15 | by ( ) www.reuters.com   time to read: +2 min
Lukashenko also did not speak at an event in Minsk marking the anniversary for the first time in his long presidency. According to the opposition news outlet Euroradio, Lukashenko was taken to an elite Minsk clinic on Saturday. Russian media rarely publish stories about the health of the leaders of Russia or its allied neighbours. Belarus' foreign minister Sergei Aleinik is expected on Monday to start this three-day visit to Moscow, Russia's foreign ministry said last week. Reporting by Ron Popeski and Lidia Kelly; Writing by Ron Popeski; Editing by Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegional banks are the lending machine of the U.S., says Requisite's Bryn TalkingtonDan Greenhaus of Solus Alternative Asset Management and Bryn Talkington of Requisite Capital Management, joins 'Closing Bell' to discuss big banks earnings numbers, regional bank's impacting economic stability, squashing recession concerns, and the Fed's continuation of rate hikes.
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