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The House saw progress late Thursday after weeks of intraparty squabbling, as Republicans came together to pass three full-year spending bills. Still, GOP leaders prioritized approving the bills this week to build goodwill with House conservatives who have opposed a stopgap measure to keep the government funded. But House Republicans’ border policy, attached to the continuing resolution, includes, among other things, a provision to restart construction of the border wall and is a nonstarter for most Democrats. The Senate is set to continue voting on the stopgap legislation Saturday in the hopes of approving it on the final day of the fiscal year. The White House chastised House Republicans for “marching our country toward an Extreme Republican Shutdown” on Friday, while endorsing the Senate’s spending plan.

Persons: Kevin McCarthy, McCarthy, ” McCarthy, Biden, –, ’ ”, Karen Hult Organizations: Republicans, Democrat, Senate, White, GOP, Caucus, Republican Party, Virginia Tech, “, Republican Locations: Ukraine

☆ McCarthy’s Centrist Path Out of a Government Shutdown
▼ + stars: | 2023-09-29 | by ( Kaia Hubbard | ) www.usnews.com time to read: +9 min

But with a funding bill seemingly out of reach, all signs suggest that those entrenched positions will result in a long and painful government shutdown. And it may be enough to arouse a dormant group of centrists whose own interests favor a functional legislative branch. And adding to McCarthy’s bind is the pledge that conservatives will call for his ouster should he work with Democrats to avoid a shutdown. Moderate Republicans, flanked by House Democrats, seize upon the moment. Meanwhile, another possible path, however unlikely, appears open to willing Democrats and centrist Republicans.

Persons: It’s, Kevin McCarthy – beholden, naysayers, McCarthy, ”, John Pitney Jr, Kevin McCarthy, ” McCarthy, won’t, –, Matt Glassman, ” Glassman, “ MAGA, they’ve, Marjorie Taylor Greene, Hakeem Jeffries, appropriators, rousers, Karen Hult, “ Organizations: White, Democrats, Republicans, GOP, Claremont McKenna College, Caucus, Democrat, Republican, Senate Democrats, Moderate, House Democrats, Government Affairs Institute, Georgetown University, House Republican, Democratic, Senate, Virginia Tech, Freedom Caucus

☆ Debt ceiling deal done? Here's what's next for bond ETF investors
▼ + stars: | 2023-06-10 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +2 min

With an agreement on the debt ceiling easing concerns on the macro level, the aftereffects of avoiding default could pose new challenges for bond exchange-traded fund investors. "Now [The Fed] is going to hit it with trillion dollars of sales that will make short-term Treasury rates rise," he said. Additionally, the trillion dollars taken out of the regional banking system and placed into money market funds added pressure on big and systemic banks, he said, increasing the Fed's constraint. As money market yields continue to rise, Lutnick said he sees capital continuing to flow out of equities and into money market funds and Treasury bond ETFs. "You're going to see the stock market go sideways, but the bond market is going to continue to draw in money and get a lot of power," Lutnick said.

Persons: Howard Lutnick, CNBC's Bob Pisani, Lutnick, Billy Hult, Hult, That's Organizations: Treasury Locations: Treasurys

☆ A.I. and crypto are in focus at the annual gathering of the Wall Street trading community
▼ + stars: | 2023-06-07 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

It's time for the annual gathering of the trading community. Here's a rundown of some of the hot topics: Crypto in focus: SEC Chair Gary Gensler will be speaking at noon on Thursday. Electronic trading changed the trading world 30 years ago, is AI poised to do the same? Two pioneers of electronic trading, Virtu Financial founder Vinnie Viola and Peterffy, will be speaking at noon today, reflecting on the past and future of trading and will certainly be asked about the role AI will play in future trading. Tradeweb CEO Billy Hult and MarketAxess CEO Chris Concannon will discuss the growth in Treasury trading and the increasing electronification of the bond market.

Persons: I'm, Piper Sandler, Gary Gensler, Gensler, Binance, Michael Novogratz, Jean, Marie Mognetti, Vlad Tenev, Doug Cifu, Thomas Peterffy, Vinnie Viola, Peterffy, Ed Tilly, Terry Duffy, Billy Hult, Chris Concannon, Rich Repetto's, Rich Repetto Organizations: Piper, Piper Sandler Global Exchange, New York City, NYSE, Nasdaq, Cboe, London Stock Exchange, SEC, Galaxy Digital, Virtu, Global, Treasury, CME, Citadel, CNBC PRO Locations: New York

☆ 9 elements you need to be more influential and persuasive at work and in business
▼ + stars: | 2023-02-16 | by ( Dr. Amanda Nimon-Peters | ) www.businessinsider.com time to read: +8 min

Today's business professionals have been missing a model for influence at work specifically designed for the 21st century. It is based on more than 200 peer-reviewed journal articles, revealing nine universal principles for increasing your influence at work. Principle #4: Value-framingIn our day-to-day communication, we often fail to express the value of our work in terms that are inherently valuable. Principle #6: ReasoningStudies show that when people at work attempt to influence others, the most common tactic is rational persuasion, i.e. When it comes to influence at work, you don't have to be the best influencer there ever was.

☆ Analysis: Bond traders get their swagger back in rate-obsessed markets
▼ + stars: | 2023-01-17 | by ( Lananh Nguyen | ) www.reuters.com time to read: +5 min

REUTERS/Andrew KellyNEW YORK, Jan 17 (Reuters) - Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FICC) traders bolstered bank profits last year despite dreary deal markets. Bond specialists in the $22 trillion Treasuries market are in high demand as the Federal Reserve and other central banks have aggressively raised interest rates over the past two years. After the financial crisis, central bankers in the United States and advanced economies steadied markets by holding interest rates near zero. On Tradeweb Markets Inc's (TW.O) electronic bond trading platforms, average daily volumes rose almost 10% in 2022.

☆ Car valuations have declined but won't reach '19 levels due to lack of supply, says Asbury's Hult
▼ + stars: | 2022-12-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCar valuations have declined but won't reach '19 levels due to lack of supply, says Asbury's HultDavid Hult, Asbury Automotive Group CEO, joins 'Squawk on the Street' to discuss his take on the new and used car markets, expectations for automotive valuations next year and insight into car trade-in valuations.

☆ Your boss' 'optimism bubble' can create a workplace disaster — here's how to prevent it
▼ + stars: | 2022-11-20 | by ( Natasha Piñon | ) www.cnbc.com time to read: +2 min

The boss who insists everything is fine while employees grumble and think the exact opposite. According to leadership expert Megan Reitz, whose research focuses on the way people interact in the workplace, there's one major cause behind the discord, what she calls the "optimism bubble." Simply put, an optimism bubble refers to the tendency of leaders to overestimate how comfortable their employees feel raising concerns at work, as Reitz explained in a September TED Talk. One of the central components of the optimism bubble is a phenomenon Reitz dubs "advantage blindness." Reitz has a straightforward, four-point playbook for helping employers better respond to their workers' concerns around simmering social issues.

Ed Fischbach, on his farm in Spink County, S.D., said no to the carbon pipeline on his land. But some energy experts say safety is an issue with carbon capture pipelines — carbon dioxide doesn’t like to stay put, and the fear is that a pipeline could rupture and leak. Asked about the Mississippi leak, Hill of Summit Carbon Solutions characterized the event as tragic but anomalous. Braun says she is afraid the Summit pipeline will disturb sacred land around Whitestone Hill. Both Braun and Locke say they are happy to be forging new ties with farmers and ranchers in opposition to the Summit project.

☆ How Target’s CEO gives his 'very best' every day: I sleep and eat like I’m 'playing in the U.S. Open or Super Bowl'
▼ + stars: | 2022-10-15 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Instead, take his approach to performing the "very best" every day: Sleep and eat "just like you would if you're playing in the U.S. Open or the Super Bowl." I'm going to get a good meal. I'm going to rest. "They're fatigued, they're exhausted, they haven't eaten and you can't expect them to deliver their best," Cornell said. "I really try to balance the importance of my energy and try to make sure I never had a bad day," Cornell said.

And we still do.”A recent study of small business owners by the U.S. Chamber of Commerce found that inflation and supply chain issues are the top challenges entrepreneurs face today. One in three small business owners call inflation their highest concern and 67% of them have raised prices in response to inflation. “The Paycheck Protection Program continues to be disadvantageous to smaller businesses, businesses owned by people of color, and businesses without employees. According to NBC Bay Area, searches for “Black-owned businesses near me” peaked in June 2020, with companies like Yelp making it easier for people to find and support Black-owned businesses, per data from Google. She said that during the height of the social justice movement, corporations and financial institutions pledged to support Black-owned businesses.

☆ EY's innovation leader explains why all leaders should invest in learning and development — and the strategy the firm is using to upskill its 300,000 employees
▼ + stars: | 2021-02-10 | by ( Weng Cheong | ) www.businessinsider.com time to read: +5 min

EY employees are encouraged to acquire skills in design thinking and robotics, and a pursue an accredited MBA. This article is part of a series called "Leaders by Day," which takes a look at how prominent business leaders are tackling various challenges in today's economy. Business leaders have had to adapt to the current climate by making budget cuts, investing in data analytics and AI technologies, and building new partnerships with vendors. How EY is investing in training programsIn 2020, EY invested $450 million in employee training. "We owe it to our employees to provide them the best opportunities that will make them more competitive in this world," Wong said.

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