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☆ Melinda French Gates and her daughters love Taylor Swift like the rest of us
▼ + stars: | 2024-04-24 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Melinda French Gates and her daughter Phoebe Gates are apparent Swifties. French Gates shared a video lip-synching Taylor Swift's single, "Fortnight," with her daughter. Both Melinda French Gates and Swift are among the rare class of female billionaires. Melinda French Gates and her daughter Phoebe Gates appear to count themselves among Taylor Swift's billions of fans, evidenced by an Instagram video of the mother-daughter duo singing along to one of the pop star's newest songs. Melinda French Gates, who co-founded the Bill & Melinda Gates Foundation with her ex-husband and Microsoft founder, is worth an estimated $12.9 billion, per Bloomberg.

Persons: Melinda French Gates, Phoebe Gates, Gates, Taylor, Swift, —, Taylor Swift's, Melinda Gates, Jennifer Gates Organizations: Service, Poet's Department, Forbes, Melinda Gates Foundation, Microsoft, Bloomberg

☆ Five tech stocks with upside worthy of buying ahead of earnings, Wells Fargo says
▼ + stars: | 2024-04-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

A slate of tech stocks could be set to pop as earnings season revs up, Wells Fargo analysts say. CNBC Pro combed through Wells Fargo research to find the firm's favorite tech stocks as earnings begins. Uber Analyst Ken Gawrelski said he's staying bullish heading into the ride-sharing company's earnings report. Monday.com Shares of the project-management software company are too attractive to ignore, according to Wells Fargo. There is no shortage of positive catalysts for Monday.com shares, he said.

Persons: Wells, Ken Gawrelski, he's, Uber, Gawrelski, Roblox Roblox, Michael Berg, Berg, missteps, … Organizations: CNBC, Microsoft, Monday.com, Amazon Locations: Wells Fargo, Monday.com

☆ Popular Taiwanese rock band Mayday investigated for lip-synching in China
▼ + stars: | 2023-12-05 | by ( Nectar Gan | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Popular Taiwanese rock band Mayday is being investigated by Chinese authorities over allegations of lip-synching during recent concerts, an accusation the band’s label has denied in a controversy that has dominated Chinese social media since the weekend. Live shows routinely use pre-recorded background vocals and music to bolster artists’ live singing performances, especially acts that involve vigorous choreography. Chinese government regulations explicitly ban performers from “deceiving audiences with lip-synching,” and organizers from arranging for performers to lip synch. The band is well known for hosting energetic marathons of music, with each show typically lasting two to three hours. They were among the first Taiwanese musicians to hold large-scale concerts in China after the country lifted its stringent zero-Covid policy and travel restrictions.

Persons: ”, ’, vlogger Organizations: Hong Kong CNN —, Tourism Bureau, Xinhua, B’in Music, Weibo, CNN, B’in, “ Locations: China, Hong Kong, Shanghai, Shanghai Culture, Weibo, Taiwan, Beijing

☆ Kentucky's Democratic Gov. Andy Beshear fights for a second term in Trump country
▼ + stars: | 2023-11-07 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Andy Beshear speaks during a press conference at the Kentucky state Capitol in Frankfort, on Jan. 19, 2023. Beshear, 45, has led Trump-backed Cameron, 37, for most the campaign, but the latest polling showed the candidates in a dead heat. Beshear has sought to convince conservative voters that he governs above partisan politics. Cameron has attacked Beshear for supporting abortion and LGBTQ rights, betting that the governor's positions are out of synch with Kentucky voters. Beshear has stood his ground on those issues, putting Cameron on the defensive when it comes to abortion.

Persons: Andy Beshear, Ryan C, Daniel Cameron, Beshear, Donald Trump, Cameron, Mitch McConnell, joblessness Organizations: Kentucky Gov, Lexington Herald, Tribune, Service, Getty Images, Democrat, Republican, Kentucky, Trump, American Locations: Kentucky, Frankfort, U.S, synch

WASHINGTON, Sept 19 (Reuters) - The U.S. Federal Reserve kicks off a two-day policy meeting on Tuesday with officials widely expected to keep interest rates on hold for now, but also flagging in new economic projections whether they feel rates still need to rise further before the end of the year. A new policy statement and interest rate decision will be released at 2 p.m. EDT (1800 GMT) on Wednesday, with Fed Chair Jerome Powell scheduled to hold a press conference at 2:30 p.m. to elaborate. Reuters Graphics Reuters GraphicsIn June the Fed paused, but the quarterly economic projections accompanying that decision showed 12 of 18 policymakers still anticipated two more quarter-point rate increases by the end of the year. But how fast and when that occurs remains a matter of debate within the Fed and depends on how fast inflation falls. But it may mean rates stay higher for longer than the public currently expects.

Persons: Jerome Powell, Morgan, Michael Feroli, Feroli, Powell, Michael Gapen, Howard Schneider, Dan Burns, Andrea Ricci Organizations: U.S . Federal Reserve, Reuters Graphics Reuters, Fed, Bank of America, Thomson Locations: synch

Fed Chair Jerome Powell was almost brusque in his re-statement of the central bank's anti-inflation commitment at the annual Jackson Hole symposium on Friday. Tracking that rather than more-skittish policy rate futures would have proved a better guide to how subsequent months panned out and to the summer doldrums in bonds and stocks. And yet the September meeting could still be the 'big reveal' as it sees publication of the Fed's updated 'dot plot' that will likely show just where they then see the cycle crest. San Francisco Fed chart on dispersion of Fed rate projections by horizonSan Francisco Fed index of Fed uncertaintyACCIDENT OR DESIGN? As to whether the Fed is guiding everyone to safe and happy place, there continues to be sceptics about the 'soft landing'.

Persons: Jerome Powell, Jackson, that's, it's, Andrew Foerster, Zinnia Martinez, Bruce Kasman, Joseph Lupton Organizations: Federal, Reuters Graphics Reuters, Atlanta, San Francisco Fed, San, Fed, San Francisco, JPMorgan, Reuters, Thomson Locations: U.S, synch, San Francisco Fed

☆ Dollar steady before Fed minutes; yen hovers near 145-mark
▼ + stars: | 2023-07-05 | by ( Amanda Cooper | ) www.reuters.com time to read: +3 min

The Federal Open Market Committee is due to release the minutes from its most recent policy meeting later on Wednesday. Investors will scour the minutes for any indications of Fed thinking, but Friday's monthly employment report will almost certainly carry more weight, analysts said. The dollar hovered around 144.3 yen, below the 145 level that prompted intervention by Japanese authorities last autumn. "However more broadly, it will provide support ... on expectations of an imminent policy response from Chinese authorities." The yuan headed for its first down day in four sessions in the offshore market, slipping 0.3% to 7.255 per dollar .

Persons: Adam Cole, Shusuke Yamada, RBC's Cole, it's, Tony Sycamore, Kevin Buckland, Shri Navaratnam, Helen Popper, Mark Heinrich Our Organizations: U.S, Federal, Fed, RBC, Treasury, Bank of America, Ministry, Finance, People's Bank of China, IG, Thomson Locations: synch, Tokyo, Beijing, Sydney

☆ Contrarian investor Mike Dever shared with us 2 vital lessons he learned from his highly profitable association with legendary trader Paul Tudor Jones
▼ + stars: | 2023-05-04 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Starting in the 1980s, he crossed paths with leading investors, including Paul Tudor Jones. Dever says Jones delivered huge returns for Dever's clients, and explains what he learned from Jones. He also invested for several years in the 1980s with Paul Tudor Jones, now a billionaire hedge fund manager. While Dever remembers being very impressed by the returns Jones delivered, he also recalls what he learned from the approach that went into them. Shortly after Dever invested with Jones, Jones had a bad run in the bond market.

LONDON, April 12 (Reuters) - The zinc market was defined by smelter woes last year with global refined metal production dropping by 4.1% relative to 2021, according to the International Lead and Zinc Study Group (ILZSG). But the smelter bottleneck was severe enough to generate a global supply shortfall of more than 300,000 tonnes, according to ILZSG. A sharp rise in the annual benchmark smelter processing fee should incentivise a turnaround in metal production. Annual "benchmark" zinc smelter processing feesOUT-OF-SYNCH SUPPLY CHAINThis year's benchmark treatment charge, the fee a smelter earns for converting mined concentrates into metal, has been set at $274 per tonne, up from $230 in 2022 and $159 in 2021. Global mined and refined zinc production annual changeSMELTER RECOVERY?

☆ Burt Bacharach, legendary composer of pop songs, dies at 94
▼ + stars: | 2023-02-09 | by ( ) www.cnbc.com time to read: +10 min

Bacharach was both an innovator and throwback, and his career seemed to run parallel to the rock era. He was an eight-time Grammy winner, a prize-winning Broadway composer for "Promises, Promises" and a three-time Oscar winner. Fellow songwriter Sammy Cahn liked to joke that the smiling, wavy-haired Bacharach was the first composer he ever knew who didn't look like a dentist. Bacharach was essentially a pop composer, but his songs became hits for country artists (Marty Robbins), rhythm and blues performers (Chuck Jackson), soul (Franklin, Luther Vandross) and synth-pop (Naked Eyes). He's everybody's composer ... Burt Bacharach!"

☆ TikTok star Randy Gonzalez of Enkyboys dies at 35
▼ + stars: | 2023-01-27 | by ( Gina Vivinetto | ) www.nbcnews.com time to read: +3 min

“It is with great sadness that we announce the passing of my father , Randy Gonzalez. The statement went on to thank fans for their “kind words and condolences,” and added that a public memorial for Randy Gonzalez would take place at a later date in Houston. Celebrities commented to share their condolences with the Gonzalez family. In April 2020, Randy Gonzalez announced in a video that he had been diagnosed with stage 4 colon cancer six months earlier. Lopez paid tribute to Randy Gonzalez Jan. 26 on Instagram, writing, “My sincerest condolences to Brice and the entire Gonzalez family.

☆ Brazilian judge orders arrest of Bolsonaro’s ex-minister after Brasília rampage
▼ + stars: | 2023-01-11 | by ( ) www.nbcnews.com time to read: +6 min

BRASILIA, Brazil — A Brazilian Supreme Court judge ordered the arrest on Tuesday of the capital’s most recent public security chief after supporters of right-wing former President Jair Bolsonaro led a rampage through government buildings. Supporters of former Brazilian President Jair Bolsonaro storm the National Congress building in Brasília on Sunday. In the arrest warrant, Moraes cited their failure to ensure proper security forces were in place. A Reuters witness spotted police at the Torres family residence in an upscale Brasília neighborhood, where a resident said they left carrying bags. His son, Senator Flavio Bolsonaro, denied on Tuesday that the former president was responsible for the riots on Sunday.

"Because of the lags involved, policymakers are going to face a very difficult decision about when to stop rate increases or reverse course," Romer said in a keynote address to the American Economic Association's annual meeting in New Orleans. Minutes of the most recent Fed policy meeting in December showed central bankers struggling with the risks, while economists see a high probability that the rate increases will lead to a U.S. recession in the coming year. She collaborated with Berkeley economist David Romer, her husband, to mine Fed meeting transcripts and minutes dating back to the 1940s for the review of U.S. central bank policy. Isolating the shocks, she said, allows a clearer view of how Fed rate increases influence economic output and employment, and over what time frame. Reporting by Howard Schneider; Editing by Dan Burns and Paul SimaoOur Standards: The Thomson Reuters Trust Principles.

☆ ECB's Lagarde warns some fiscal policies in Europe could fuel excess demand
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +2 min

BANGKOK, Dec 2 (Reuters) - European Central Bank President Christine Lagarde warned on Friday that some European governments' fiscal policies could lead to excess demand, and that fiscal and monetary policies need to work in synch for sustainable, balanced economic growth. "Fiscal policies that create excess demand in a supply constrained economy might force monetary policy to tighten more than would otherwise be necessary," Lagarde said at a conference hosted by the Bank of Thailand and Bank for International Settlements in Bangkok. "We need higher investment and structural reforms to remove the supply constraints and ensure that potential output is not impaired by the changing global economy. "And in a world where external demand is more uncertain, we will also need to strengthen the domestic supply and demand through higher productivity growth," she said. Its rate on bank deposits was increased by 200 basis points to 1.5% in three months.

☆ Fed policy could 'pause' in new year, Fundstrat's Tom Lee says
▼ + stars: | 2022-10-20 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Tom Lee said he expects the Federal Reserve to pause and recalibrate interest rate hikes in 2023 , helped by softer economic data. "As we get into October, I don't think investors are fighting the Fed if they think stocks have upside from here. I think that's one of the big changes." "And I think that's coming." Even against that background, Lee isn't expecting the Fed to stop in its tracks or reverse course, predicting a "pause" rather than a "pivot."

☆ A 30-year-old who rakes in about $89,000 a month from 2 online hustles shares the top 3 technical skills that helped him build success, how he learned them, and how he invests
▼ + stars: | 2022-06-16 | by ( Laila Maidan | ) www.businessinsider.com time to read: +10 min

In between his day-to-day deals, he'd spend time watching YouTube videos and reading forums to learn new skills. Through affiliate links, he made $141,500 for the same period, which came to about $89,000 a month from two sources. When it comes to technical skills, he points to three main ones that he says helped him build his success. The most powerful type of audience is the one that finds your content through a search engine, Chang said. Video editingEditing high-quality video is central to Chang's brand since most of his content is on YouTube and TikTok.

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