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☆ Canaccord's George Gianarikas urges Tesla to accept pay package for overall benefit
▼ + stars: | 2024-06-13 | 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 EmailCanaccord's George Gianarikas urges Tesla to accept pay package for overall benefitWSJ’s Tim Higgins and Canaccord’s George Gianarikas, joins 'Power Lunch' to discuss Tesla's share pop ahead of Elon Musk's pay vote.

Persons: George Gianarikas, Tesla, Tim Higgins, Canaccord’s George Gianarikas, Elon Musk's Organizations: Elon

☆ Profits Comeback Paired With Rate Cuts Make a Powerful Mix
▼ + stars: | 2024-01-16 | by ( Justin Lahart | ) www.wsj.com time to read: +1 min

Soft landing the U.S. economy is like an economic nirvana: inflation is low and the job market is strong. WSJ’s Nick Timiraos explains why and how the Federal Reserve is trying to make one happen. Photo illustration: Ryan TrefesProfits are growing again, and the Federal Reserve looks as if it will start cutting rates sometime this year. It is an unusual combination and, for the stock market, possibly a potent one. It is early days still, but the rebound in profits that began in the third quarter looks poised to continue.

Persons: Nick Timiraos, Trefes Organizations: Federal Reserve, Federal, London Stock Exchange Group

☆ Inside a Plan to Save Homeowners Hundreds of Dollars Closing Their Mortgages
▼ + stars: | 2024-01-16 | by ( Andrew Ackerman | ) www.wsj.com time to read: 1 min

November’s existing home sales increased for the first time in six months and prices rose for the fifth straight month. WSJ’s Dion Rabouin digs into the details of the November sales report. Photo: Joe Raedle/Getty ImagesWASHINGTON—A government-controlled mortgage giant has a plan that could help more Americans save around $1,000 on closing a mortgage, the latest attempt to chip away at high costs that officials say discourage home buying. Fannie Mae last month said it would expand the types of mortgages it will purchase that rely on a cheaper alternative to title insurance, which is one of the biggest fixed costs tied to closing a mortgage.

Persons: WSJ’s Dion Rabouin, Joe Raedle, Fannie Mae Organizations: Getty, WASHINGTON

☆ Shell Suspends Red Sea Shipments Amid Fears of More Houthi Attacks
▼ + stars: | 2024-01-16 | by ( Benoit Faucon | Jenny Strasburg | ) www.wsj.com time to read: 1 min

Wael Sawan, Shell’s chief executive, says in an interview with WSJ’s Jenny Strasburg at Davos that the company’s decision today to suspend shipping in the Red Sea is affecting costs. British oil major Shell suspended all shipments through the Red Sea after U.S. and U.K. strikes on Yemen’s Houthi rebels triggered fears of further escalation, according to people familiar with the decision. The West’s targeting of the Iranian-ally militia came after the Houthis launched dozens of missiles and drones at commercial vessels around the Red Sea and the nearby Bab el-Mandeb. The militia has said the attacks are in response to an Israeli offensive in the Gaza Strip.

Persons: Wael Sawan, WSJ’s Jenny Strasburg, Yemen’s, Bab Organizations: Shell Locations: Davos, Bab el, Gaza

☆ Why Second Place Matters So Much in the GOP’s Iowa Caucus
▼ + stars: | 2024-01-15 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Why Second Place Matters So Much in the GOP’s Iowa CaucusThe 2024 Republican presidential primary will start Monday in Iowa, and that first state’s results will set the course for the rest of the primary. WSJ’s Aaron Zitner explains what to watch. Photo illustration: Madeline Marshall

Persons: WSJ’s Aaron Zitner, Madeline Marshall Organizations: GOP’s, Republican Locations: GOP’s Iowa, Iowa

☆ How to Open a Savings Account
▼ + stars: | 2024-01-14 | by ( Kerri Anne Renzulli | ) www.wsj.com time to read: +9 min

If you’re ready to get the most out of your spare dollars, take these steps to open a new savings account. Compare savings account optionsIf you plan to open a savings account online, there are hundreds to choose from. Banks may also require you to deposit a certain amount to open or maintain a savings account with them. If you want to open a savings account that will be shared with another person, like a spouse or partner, you should opt for a joint account rather than a single account. Fund the accountIf your chosen bank or credit union requires a minimum deposit to open a new savings account, you’ll need to fund it with a check, cash, credit or debit card payment, or transfer from another checking or savings account.

Persons: Kerri Anne Renzulli, Banks, You’ll Organizations: Insurance, U.S, government’s Federal Deposit Insurance Corp, National Credit Union Administration, Federal Reserve, Consumer Financial, Consumer Financial Protection Bureau, Social, ABA Locations: government’s, U.S

☆ Watch: Satellite Images Show Aftermath of U.S.-Led Yemen Strikes
▼ + stars: | 2024-01-13 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Watch: Satellite Images Show Aftermath of U.S.-Led Yemen StrikesHouthi rebels said they remained undeterred after a U.S.-led coalition launched strikes intended to reduce the Iran-backed group’s attacks on ships in the Red Sea. WSJ’s Stephen Kalin explains how the strikes could threaten a broader conflict. Satellite Images: Maxar Technologies

Persons: Stephen Kalin Locations: Yemen, U.S, Iran, Red

☆ Brick-Filled Boxes. Bogus Receipts. Retailers Battle Fraudulent Returns.
▼ + stars: | 2024-01-13 | by ( Liz Young | ) www.wsj.com time to read: 1 min

The pandemic has changed the way we shop. More people buying things online means more people returning things, too. WSJ’s Dalvin Brown explains how some companies are leveraging gig workers to make those returns for you. Photo illustration: David FangSome companies processing returned televisions for retailers have gotten a surprise when opening the boxes—packaging filled with bricks rather than newly purchased TVs. Others examining returned purchases of purported luxury goods are instead finding counterfeits sent in by customers looking for refunds on full-price, deluxe merchandise.

Persons: WSJ’s Dalvin Brown, David Fang, counterfeits

☆ China’s Least Preferred Candidate Wins Taiwan’s Presidential Election
▼ + stars: | 2024-01-13 | by ( ) www.wsj.com time to read: 1 min

10 Hidden Apple Features That Could Change How You Use Your iPhoneApple’s iOS 17 came with a bunch of updates that could change how you use your iPhone. WSJ’s Dalvin Brown explores 10 exciting new features, some of which you have to stumble upon to know about. Photo illustration: Rami Abukalam

Persons: Dalvin Brown, Rami Abukalam

☆ Best Banks and Credit Unions for 2024
▼ + stars: | 2023-12-18 | by ( Martha C. White | ) www.wsj.com time to read: +13 min

While its checking interest rate is set much lower, you do earn interest on every dollar of your balance—its flagship checking account was also Buy Side’s top pick in the Best Checking Account category. CaveatsCapital One’s savings account APY beats most national banks and is competitive among online banks. The Ally Online Savings and Ally Spending accounts (the latter is the bank’s flagship checking account) were our top picks for digital banks in Buy Side’s Best Checking and Best Savings rankings. In Buy Side’s roundups, Alliant took the top spot among credit unions in our Best Checking and Best Savings rankings. How we pickedTo pick Buy Side from WSJ’s Best Banks, we evaluated dozens of banks and credit unions, looking for institutions that offered the best combination of high interest, low fees and flexible account options for savings, checking and CDs.

Persons: Martha C, you’ll, —, Ally, Ivy, Ivy doesn’t, Ivy Bank’s, Alliant, Foster, — Alliant, Banks Organizations: Wall, Best, Capital, American Express, Ally, Savings, Synchrony, Alto, Ivy Bank, Cambridge Savings Bank, Ivy, Bank5 Connect, CIT Bank, First, Alliant, Bank, Foster Care, Credit Union, Lake, Best Bank, Best Credit Union, National Credit Union Administration Locations: U.S, American, Massachusetts, California, Golden State, Lake Michigan

Beneath Gaza, a labyrinth of tunnels used by Hamas has complicated Israel’s ground offensive in the Palestinian enclave. WSJ’s Rory Jones—who visited the tunnels in 2014—explains the unique challenge they pose for Israel. Photo: Yousef Mohammed/Zuma PressWASHINGTON—Israel has assembled a system of large pumps it could use to flood Hamas’s vast network of tunnels under the Gaza Strip with seawater, a tactic that could destroy the tunnels and drive the fighters from their underground refuge but also threaten Gaza’s water supply, U.S. officials said. The Israel Defense Forces finished assembling large seawater pumps roughly one mile north of the Al-Shati refugee camp around the middle of last month. Each of at least five pumps can draw water from the Mediterranean Sea and move thousands of cubic meters of water per hour into the tunnels, flooding them within weeks.

Persons: Rory Jones —, —, Yousef Mohammed Organizations: Zuma Press WASHINGTON, Israel Defense Forces Locations: Gaza, Israel

☆ Palestinians Abandon Villages Following West Bank Settler Violence
▼ + stars: | 2023-12-03 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Palestinians Abandon Villages Following West Bank Settler ViolenceThe U.N. said Israeli settler attacks in the West Bank have doubled since the Israel-Hamas war began, prompting many Palestinians to abandon their homes. WSJ’s Margherita Stancati visited the village of Zanuta to find out more. Photo Illustration: Marina Costa/Tanya Habjouqa

Persons: Margherita Stancati, Marina Costa, Tanya Habjouqa Organizations: Bank Settler, West Bank, Hamas Locations: Israel, Zanuta

☆ Global Leaders at COP28 Climate Summit Regulate and Cajole Nations to Cut Methane
▼ + stars: | 2023-12-02 | by ( Eric Niiler | ) www.wsj.com time to read: 1 min

EPA Administrator Michael S. Regan explains the agency’s new methane regulations and the importance of reducing the greenhouse gas. Regan spoke at WSJ’s Journal House at the COP28 summit in Dubai. Photo: The Wall Street JournalFrom Texas to Turkmenistan, global leaders at the COP28 climate summit in Dubai are taking a big swing at cutting methane, a potent greenhouse gas produced by oil and gas drilling, livestock and rotting vegetation. On Saturday, the Biden administration announced a final methane rule for U.S. oil and gas producers, requiring them to plug methane leaks and stop burning excess gas with flares. The regulations also mandate regular inspections of facilities to make sure the planet-warming compound isn’t escaping into the atmosphere.

Persons: Michael S, Regan, Biden Organizations: WSJ’s Locations: Dubai, Texas, Turkmenistan

☆ COP28 Climate Summit Takes Aim at Powerful Methane Emissions
▼ + stars: | 2023-12-02 | by ( Eric Niiler | ) www.wsj.com time to read: 1 min

Persons: Michael S, Regan, Biden Organizations: WSJ’s Locations: Dubai, Texas, Turkmenistan

☆ Amazon Hires Elon Musk’s SpaceX for Three Rocket Launches
▼ + stars: | 2023-12-02 | by ( Micah Maidenberg | ) www.wsj.com time to read: 1 min

The rise of SpaceX as the dominant force for U.S. rocket launches has meant that NASA’s role is now evolving. To find out what this means for the future of the space agency, WSJ’s George Downs sat down with NASA Deputy Administrator Pam Melroy. Photo Illustration: George DownsJeff Bezos and Elon Musk have both spent decades building space companies. Now, Bezos’ Amazon .com is turning to Musk’s SpaceX for a ride to orbit. Amazon, which Bezos founded and where he still serves as executive chairman, said Friday that it hired Musk’s SpaceX to conduct three rocket launches for the Seattle company’s planned satellite-internet division.

Persons: George Downs, Pam Melroy, George Downs Jeff Bezos, Elon Musk, Bezos Organizations: SpaceX, U.S ., Elon, Seattle company’s Locations: U.S

☆ Newsom and DeSantis Come Out Swinging in Debate on ‘Hannity’
▼ + stars: | 2023-12-01 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Newsom and DeSantis Come Out Swinging in Debate on ‘Hannity’Governors Gavin Newsom (D., Calif.) and Ron DeSantis (R., Fla.) went head to head in a debate on Fox News Channel. WSJ’s Molly Ball breaks down the key takeaways. Photo: Noam Galai/Getty Images for Clinton Global Initiative; Scott Olson/Getty Images

Persons: Newsom, ‘ Hannity, Gavin Newsom, Ron DeSantis, Molly Ball, Noam Galai, Scott Olson Organizations: Fox News, Clinton Global Initiative Locations: Calif, Fla

☆ China’s Economy Faces a Sour End to the Year
▼ + stars: | 2023-11-30 | by ( Jason Douglas | ) www.wsj.com time to read: 1 min

China’s slowing economy could soon become a major talking point for U.S. companies as they begin to report third-quarter earnings. WSJ’s Dion Rabouin explains. Illustration: Elizabeth Smelov<br>SINGAPORE—A brief rebound in China’s struggling economy showed worrying new signs of flickering out, heaping pressure on Beijing to take bolder steps to rev up growth. Factory activity slid deeper into contraction in November as domestic and foreign orders dried up, while, in an ominous sign for consumer spending, activity in the services sector shrank for the first time this year, according to business surveys released Thursday. Only construction registered any expansion compared with the previous month as government spending on infrastructure increased.

Persons: WSJ’s Dion Rabouin, Elizabeth Smelov Organizations: SINGAPORE Locations: Beijing

☆ The Hot New AI Job That’s Paying Up to $250K
▼ + stars: | 2023-11-29 | by ( ) www.wsj.com time to read: 1 min

The Hot New AI Job That’s Paying Up to $250KPrompt engineering—crafting the sharpest queries to get the best answers out of ChatGPT or another generative AI chatbot—is a new type of job. So what kinds of skills do you need to get hired? To find out, WSJ’s Joanna Stern applied to be one. Photo illustration: The Wall Street Journal

Persons: WSJ’s Joanna Stern Organizations: Street

☆ Talking to Chatbots Is Now a $200K Job. So I Applied.
▼ + stars: | 2023-11-29 | by ( Joanna Stern | ) www.wsj.com time to read: 1 min

Prompt engineering—crafting the sharpest queries to get the best answers out of ChatGPT or another generative AI chatbot—is a new type of job. To find out, WSJ’s Joanna Stern applied to be one. Photo illustration: The Wall Street JournalMy father was a prompt engineer, like his father before him. I come from a long line of people who toiled day and night, chatting with generative-AI chatbots. Prompt engineering is a totally new job that would have sounded crazy even a year ago.

Persons: WSJ’s Joanna Stern

☆ Where Will CD Rates Go in 2024?
▼ + stars: | 2023-11-29 | by ( Mallika Mitra | ) www.wsj.com time to read: +7 min

Interest rates that banks pay on certificates of deposit are closely tied to short-term interest rates set by the Federal Reserve. Now that the inflation rate has come down, many investing pros see two possible outcomes for interest rates in 2024: one in which the Fed has little choice but to cut rates steeply, and another in which the Fed can cut rates modestly. Either scenario would eventually result in CD rates decreasing, since rates on CDs tend to quickly follow Fed moves. Where will CD rates go in 2024? But if investors are correct that rate cuts are coming, those high CD rates will come down over the next few years, too.

Persons: Mallika Mitra, “, ”, Lili Vasileff, Leslie Falconio, “ They’re, you’ll, you’re, Jeremy Keil, ” Keil, Keil, “ You’ve, Ally Organizations: Federal Reserve, UBS, Wall, Federal Credit Union, Minnequa Works Credit Union, Federal Deposit Insurance Corporation, National Credit Union Administration Locations: Greenwich, Conn, U.S, Milwaukee, APYs

☆ The Price Is Wrong for Housing
▼ + stars: | 2023-11-28 | by ( Justin Lahart | ) www.wsj.com time to read: 1 min

October’s existing home sales report details the current state of the all-important U.S. housing market and how Americans reacted to mortgage rates that have declined, but still remain much higher than they have been in more than a decade. Photo:Lower rates would make U.S. houses more affordable, just not affordable enough. The pandemic set off a flurry of demand for housing. Americans’ newfound desire for space, the padding of U.S. household finances from government relief checks, and sub-3% mortgage rates were a potent mix that sent home prices skyward. Now the buying frenzy has passed and, with mortgage rates at their highest levels in over 20 years, not many homes are getting sold at all.

Persons: WSJ’s Dion Rabouin

☆ Let’s Be Done With Thank-You Notes
▼ + stars: | 2023-11-23 | by ( Erin White | ) www.wsj.com time to read: 1 min

WSJ’s Life & Work team presents a holiday-season series about one secret to happiness: lower expectations of yourself and others. Up next is the thank-you note. It’s time to send the handwritten thank-you note the way of the horse and buggy.

☆ The Case Against Thank-You Notes
▼ + stars: | 2023-11-23 | by ( Erin White | ) www.wsj.com time to read: 1 min

☆ The Best Savings Accounts for Kids and Teens
▼ + stars: | 2023-11-22 | by ( Kerri Anne Renzulli | ) www.wsj.com time to read: +11 min

Best overallCapital One Kids Savings Account Learn MoreAge to open: under 18Interest rate: 2.5%, with no cap$0 to openNo maintenance feesWhy we picked it:Capital One’s Kids Savings Account delivers everything a parent could want in a place to stash their child’s funds: It’s easy to use, fee-free, and generously rewards kid savings of any size. On your child’s 13th birthday, the account will be converted into a MyLife Teen Checking or MyLife Savings account. Older savers should consider our best overall pick, the Capital One Kids Savings Account, or our choice for best teen savings account, the MySavings Youth Account from Chevron Financial Credit Union and Spectrum Credit Union. For instance, a kid with $2,500 in the account would net $81 in a year vs. only $63 with Buy Side from WSJ’s best overall pick, Capital One’s Kids Savings account. Also worth noting: Alliant’s adult offering, the High-Rate Savings account, is Buy Side from WSJ’s top choice for a credit union savings account thanks to its identical 3.1% payout and lack of fees.

Persons: Kerri Anne Renzulli, don’t, One’s, USAlliance, Best, Foster, Alliant, Cookie, Elmo Organizations: Capital, Capital One’s, Financial, Union MyLife Savings, Savings, Kids, American Consumer Council, Chevron Financial Credit Union, Spectrum Credit Union, Chevron Federal Credit Union, Chevron Corporation, Bechtel Corporation, Federal, Foster Care, Bank, PNC Bank’s, PNC, D.C Locations: Washington

☆ Nvidia’s Sales Surge, With No End in Sight for AI Boom
▼ + stars: | 2023-11-21 | by ( Asa Fitch | ) www.wsj.com time to read: 1 min

Chip maker Nvidia broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch breaks down how Nvidia got there—and why AI is fueling the company’s rapid growth. Photo illustration: Annie ZhaoNvidia reported another quarter of record sales and gave a strong revenue outlook, pointing to red-hot demand for chips that underpin the artificial-intelligence boom. Huge investments in AI by tech giants from Microsoft to Amazon.com and by other large corporations have helped propel Nvidia’s sales to unprecedented levels in recent quarters.

Persons: WSJ’s Asa Fitch, Annie Zhao Nvidia Organizations: Nvidia, Microsoft

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