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First-quarter earnings of $3.46 per share fell below the FactSet consensus estimate of $3.67 in earnings per share. Alexandria Real Estate Equities — The stock advanced 1.2% after Alexandria surpassed first-quarter revenue expectations. The life sciences REIT posted revenue of $769.1 million, above the FactSet consensus estimate of $764.4 million. Packaging Corporation of America — The stock fell 1.8% in extended trading even as the maker of containerboard posted first-quarter earnings that topped estimates. Medpace — Shares dropped 4.3% after Medpace's first-quarter revenue missed estimates.
Persons: Crane, containerboard, Calix, FactSet, Simpson, Medpace, Medpace's, TrustCo, Darla Mercado Organizations: Cliffs, Cadence, Cadence Design Systems, FactSet, Globe, Crane, Alexandria Real, Packaging Corporation, America, Packaging Corp, Simpson, TrustCo Bank Corp, NY Locations: Cleveland, Alexandria, FactSet .
Total assets in money market funds have hit a new record high, according to the latest data from the Investment Company Institute. The funds, which still have yields above 5%, saw total assets hit $6.06 trillion for the week ended Feb. 28, the firm said . While some on Wall Street think some of the cash in money markets will move into stocks, Crane has said there is no correlation between the two. Instead, money markets are competing with bank deposits, he believes. The annualized seven-day yield on the Crane 100 list of the 100 largest taxable money funds is currently 5.14%.
Persons: Peter Crane, January's, Moody's, Crane, Teresa Ho Organizations: Investment Company Institute, New York Community Bancorp, Crane, New, New York Community, Fitch, JPMorgan, CNBC Locations: New, New York
Americans continue to flock to money market funds, attracted by yields the assets haven't seen in years. In fact, retail investors in money market funds have grown 40% over the past year, said Peter Crane, founder of Crane Data, a firm that tracks money markets. They also account for almost 40% of the whole money fund pie, up from 33% a year ago, he said. "They will keep hitting records, there is no doubt of that," Crane said of money market fund inflows. Here are the top yielding government money market funds, per Crane Data, as of July 31, the latest data available.
Persons: Shelly Antoniewicz, Antoniewicz, Peter Crane, Crane, givens Organizations: Bank of America, Investment Company Institute, Assets, ICI, Crane
For another, bond returns, which are positive for the calendar year, have flagged recently. Only money market funds — often dismissed as a form of “cash” and not included as one of the major asset groups — are in an unequivocally positive position. As the Fed raises its benchmark federal funds rate, money market fund rates follow. The good times for money market funds aren’t over quite yet. The stock market over long periods tends to outperform bonds and cash investment, but at the cost of much greater volatility.
Persons: Bonds, , ” Peter G, Crane, Daniel Wiener Organizations: Federal Reserve, Crane Locations: Newton ,
London CNN —When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. In Asia, the picture is less uniform: China cut its benchmark lending rate last month, adding to recent reductions in other interest rates, and Japan has kept its main interest rate negative in a bid to stimulate demand. However, rates on savings accounts there are closer to the central bank’s main rate than in other major economies. “While interest rates were ultra-low, the mortgage market was incredibly competitive, so [banks] were operating on unusually small margins between savings rates and mortgage deals… so they’re busy filling their boots,” she said. The top 100 US money market funds tracked by Crane Data are offering an average annual interest rate of 4.94%.
Persons: Nathan Howard, Jeremy Hunt, Sarah Coles, Hargreaves Lansdown, , Christopher Furlong, Crane, Peter Crane, they’ve Organizations: London CNN, Federal Deposit Insurance Corporation, US Federal Reserve, Bloomberg, Getty, European Central Bank, of, CNN, Getty Images Bank, Finance, Bank of England’s, HSBC, Barclays, Crane Data, Bank of England, Locations: Europe, United States, United Kingdom, Asia, China, Japan, South Korea
Here are the meanings of the least-found words that were used in (mostly) recent Times articles. 1. tomtit — any of several small birds:The Audubon Society would file a complaint in defense of tomtit virility. But, such is the state of Massenet’s reputation, I doubt that many sophisticated operagoers would rush to defend him. When I have busy days and am running around, I throw some on an avocado with tamari as a quick snack. — Cheap(ish) Thrills: Gwyneth Paltrow’s Favorite Everyday Things (June 8, 2022)And the list of the week’s easiest words:
Persons: tomtit, Massenet — Minor, moratoria, , rototill, torii, David, Julia Wolfe’s, , , tallit —, Liverman’s, Crane’s, Chili Crisp, I’ve, Gwyneth Paltrow’s Organizations: Audubon Society, , David Geffen Hall Locations: California, Mycenae, Greece, Brandenburg
The 30-minute facials Rachel An Liverman is known for don’t deserve all the credit for the glow she wore on her March 18 wedding to Jeremy William Crane. Ms. Liverman, 37, is the founder and chief executive of Glowbar, a chain of facial studios. Assurances from friends that she was a catch were no longer chasing away depressing thoughts of a future without a life partner. “All my friends were married and I was at — and in — everyone else’s wedding,” she said. Mr. Crane relieved her of those thoughts within days of their first meeting, on Jan. 10, 2022, at Barrow’s Pub in Manhattan’s West Village.
In 2021, Amazon's injury rate was almost 1.5 times the industry average. Jennifer Crane works through pain at an Amazon warehouse in St. Peters, Missouri, after hurting her wrist in October. Amazon worker Jennifer Crane at her house outside St. Louis, Missouri, in 2022. OSHA also cited Amazon for 14 record-keeping violations, finding that the company failed to properly report worker injuries and illnesses. If you're rushing, you're going to make mistakes and someone's going to get hurt."
The future of the U.S. military's tank force
  + stars: | 2023-03-25 | by ( Brad Howard | ) www.cnbc.com   time to read: +2 min
"The Russian tanks didn't fare well," said William D. Hartung, senior research fellow at the Quincy Institute. "They were taken out pretty quickly by modern anti-tank systems. And I think that would be a problem also for U.S. tanks in a future conflict." "It's pretty obvious from that, that the tank is still an important part of the battlefield." Watch the video above to find out more about tanks and what military experts view as their potential relevance in future battles
Speaker of the House Kevin McCarthy visited the U.S.-Mexico border in the Arizona district of Rep. Juan Ciscomani earlier this month. Juan Ciscomani and Eli Crane both flipped Democrat-held seats in the 2022 midterm elections, helping Republicans eke out a small majority in the House. They live close to each other and their children even attend the same school. But the first-term Arizona lawmakers are now on opposite sides of a still-simmering intraparty fight over the leadership of House Speaker Kevin McCarthy (R., Calif.). Mr. Ciscomani has embraced Mr. McCarthy, while Mr. Crane was the only freshman Republican not to vote for him in January’s marathon balloting for speaker and believes conservatives should use their leverage to challenge GOP leaders.
This story is part of Select's New & Notable column, where we highlight our favorite product launches, major sales, what we're buying and some of our latest recommendations and advice. This week, we’ve highlighted Ninja’s latest kitchen appliance, Caraway steamers, new bags in the Béis Sport collection and more. The brand is offering 20% off products in the following categories to previous customers: Cordless stick vacuums, upright vacuums, canister vacuums, air purifiers, supersonic hair dryers and Corrale straighteners. For National Puzzle Day (Jan. 29), Jiggy Puzzles is offering 30% purchases of $75 or more, plus free shipping. To recommend the best hair dryers, we spoke to hairstylists about which you should buy depending on your hair type.
High yields and a volatile stock market have investors piling into money market mutual funds. Yet for retail funds, inflows are still climbing — the week ended Jan. 18 saw a $4.97 billion increase into retail money market funds, to bring net assets to a total of $1.74 trillion. One thing to keep in mind is that a money market fund is not FDIC-insured, while a money market account at a bank is insured. "If your money market fund yield is lagging, you probably have a high expense money fund." The net asset value of money market funds is normally maintained at $1 share.
Rep. Crane said he "might wind up in the broom closet" over his opposition to McCarthy's speakership. Crane told The New York Times he simply wanted to see Republicans move in a different direction. "Sir, I'm sorry, we love you out in Arizona, but I've been listening to my voters," Crane told Trump, per the lawmaker's recent interview with The New York Times. In the first 14 ballots, Crane supported conservative alternatives to McCarthy before voting "present" in the 15th and final ballot. Crane told the newspaper that he'd like to serve on the Foreign Affairs, Homeland Security, and Natural Resources Committees, but felt that he could be shut out due to his speakership vote.
I thought I wouldn't need life insurance until I was earning a lot of money or became a parent. My household relies on my salary, and a permanent policy could supplement my retirement plan. I shared my financial portfolio and my current life plans to see what he thought: Should I get a life insurance plan in 2023? Life insurance would cover my household contributionsMy husband and I both work full-time. That's when he mentioned life insurance can be a relatively inexpensive supplemental retirement plan.
House Dem whip says caucus will keep voting in speaker race House Democratic whip Rep. Katherine Clark, D-Mass, said her caucus will stick around and continue voting in the speaker race. Davidson suggested there are "a couple procedural paths" where McCarthy could become speaker if Republicans changed the threshold needed to win the election. The polarization is too great.” Cole said that for all the House GOP divisions, “there’s no question” that most members in the caucus are closer in policy and vision to the anti-McCarthy rebels than they are to centrist Democrats. As Biden celebrated an upgrade to an aging bridge linking Kentucky and Ohio, House Republicans deadlocked on the basic task of electing a speaker, foreshadowing what is likely to be two years of infighting. The McCarthy-aligned Congressional Leadership Fund and the conservative Club for Growth agreed to not pick sides in some competitive House GOP primary races in exchange for supporting McCarthy's bid for speaker.
Iran executed a second detained protester on Monday, its state media reported, after a rapid trial as unrest and anger toward the government continue to boil over around the country. Cranes have been commonly used for public hangings since the early days of the Islamic Republic after its establishment in 1979. Iran has long held what activists and other governments say are sham trials in order to imprison or execute critics of the state. "No lawyer, no due process, tortured confession, sham trial. He was hanged for 'waging war against God.'
This story is part of Select's New & Notable column, where we highlight our favorite product launches, major sales, what we're buying and some of our latest recommendations and advice. This week, we’ve got a food storage set from Caraway you can use for meal prep, Anker’s first Apple-certified wireless charger, two smart floor care products from Tineco and more. The compact cube has flip up/out surfaces to charge your iPhone, AirPods and Apple Watch all at the same time. Tineco released two new smart floor care products available exclusively at Walmart: the S10 Smart Cordless Vacuum and Floor One S2 Wet/Dry Vacuum. Shopping news: Apple raises Apple TV+ and Apple Music pricesWhat we bought this weekI got my second Barefoot Dreams blanket and I’m obsessed.
The Practice, 1997-2004Este o dramă în care se povestește despre o firmă proaspătă de avocați. Vor avea un client care și-a ucis de trei ori soțiile și de fiecare dată a fost salvat de apărători. Aici se povestește despre soarta fiecărui avocat. Suits, 2011-2019Este cel mai elegant și stilat serial despre avocați, despre asta spune chiar denumirea produsului televizat. Meghan Markle, care a fost nevoită să părăsească serialul, deoarece s-a căsătorit cu prințul Harry).
Persons: Alan Shore, James, Alan, . Denny Crane, William Shatner, Crane, Shirley Schmidt, Edwin M . Poole ., . Crane, El, Alicia, Alicia Florrick, Donald Trump, Pearson, Mike Ross, Rachel Zane, Meghan, Harry, Annalise Keating Organizations: Boston ., Boston, Poole & Schmidt, Harvard Locations: Boston, Legal, Poole, SUA, New York
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