DIRS.INFO The most relevant business & tech news

☆ Watch Live: Federal prosecutors announce charges against NYC Mayor Eric Adams
▼ + stars: | 2024-09-26 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 11:30 a.m. Please refresh the page if you do not see a player above at that time.] Federal prosecutors are expected to announce public corruption charges against New York City Mayor Eric Adams Thursday in a press conference in lower Manhattan. Adams has been indicted on criminal charges related to contributions to the Democrat's 2021 mayoral campaign. Damian Williams, U.S. Attorney for the Southern District of New York, James Dennehy, FBI New York Assistant Director in Charge, and Jocelyn E. Strauber, Department of Investigation Commissioner, will deliver remarks at the press conference.

Persons: Eric Adams, Adams, Gracie, Damian Williams, James Dennehy, Jocelyn E Organizations: New York City, FBI, Attorney, Southern, of, York, Department of Investigation Locations: Manhattan, U.S, of New York

☆ How an 'AI sabbatical' helped accounting startup Klarity turbocharge its business
▼ + stars: | 2024-09-25 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

"We just gutted our product and rebuilt it using generative AI." 'The rules of physics have changed'Even before its sabbatical, Klarity was well-versed in natural language processing and computer vision. Nadhamuni gave a talk on generative AI, its history, and the latest breakthroughs in the technology. If the new tech could do those five things, they would rebuild the core of Klarity's platform using generative AI. Nadhamuni also wrote a playbook on how to run a generative AI sabbatical that's available on Tola Capital's blog.

Persons: —, Nat Friedman, Daniel Gross, Nischal Nadhamuni, Nadhamuni, Klarity, Friedman, Gross, Aaron Fleishman, Fleishman, OpenAI, Miro, Tola Organizations: Service, Business, MIT, Venture Partners, Tola, Picus, Invus, Engineers

☆ Watch: Biden speaks at the United Nations General Assembly in New York
▼ + stars: | 2024-09-24 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 10:00 a.m. Please refresh the page if you do not see a player above at that time.] President Joe Biden addresses the United Nations General Assembly for the final time in his presidency, with a speech that will attempt to tout his administration's foreign policy achievements against a backdrop of ongoing wars in the Middle East, Ukraine and Sudan. Vice President Kamala Harris, the Democratic nominee, and her Republican opponent, former President Donald Trump, are also set to meet with foreign leaders visiting the U.S. for the U.N. events this week.

Persons: Joe Biden, Kamala Harris, Donald Trump Organizations: United Nations General Assembly, Democratic, Republican Locations: East, Ukraine, Sudan

☆ Watch now: ETF Edge on how blockchain could challenge the industry... or complement it?
▼ + stars: | 2024-09-23 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 1:15 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.

Persons: Bob Pisani Organizations: Edge

☆ Watch: Biden delivers remarks at the Economic Club of Washington, D.C.
▼ + stars: | 2024-09-19 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 1:15 p.m. Please refresh the page if you do not see a player above at that time.] President Joe Biden is speaking at the Economic Club of Washington, D.C., on Thursday, where he is expected to celebrate falling inflation and interest rates. The president's remarks come the day after the Federal Reserve announced its decision to cut interest rates by a surprisingly aggressive 50 basis points. "The declines in inflation and interest rates are welcome, but no one's declaring victory," National Economic Council Director Lael Brainard told reporters ahead of Biden's remarks.

Persons: Joe Biden, Lael Brainard, Biden's Organizations: Economic, of Washington, of Washington , D.C, Federal Reserve Locations: of Washington ,

☆ Watch now: ETF Edge on "future" of the industry, live from the Future Proof conference
▼ + stars: | 2024-09-16 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Persons: Bob Pisani Organizations: Edge

☆ The Fed coin flip: Traders still divided on how deep next week’s cut will be
▼ + stars: | 2024-09-13 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Wall Street is growing more divided on how much the Federal Reserve will move interest rates next week. In fact, the market's mixed outlook ahead of the central bank decision is more unsettled than any time since the Fed started pushing borrowing costs higher in early 2022. Investors are certain that the Fed will begin reducing interest rates next week from their current 5.25% to 5.50% range, but a sense of uncertainty lingers. We do not anticipate any dissents" from voting members of the central bank's Federal Open Market Committee next week, Bank of America's Bhave added. "So if pricing stays where it is currently, it would be the first meeting in years where there's serious uncertainty about the rates decision."

Persons: Henry Allen, Aditya Bhave, Bhave, America's Bhave Organizations: Federal Reserve, Fed, Deutsche Bank, Bank of America, Committee, Bank, America's

☆ Watch now: ETF Edge on whether "thematic" investing is still best for the rest of 2024
▼ + stars: | 2024-09-12 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Persons: Bob Pisani Organizations: Edge

☆ Watch: Donald Trump delivers remarks at the Economic Club of New York
▼ + stars: | 2024-09-05 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 12:00 p.m. Please refresh the page if you do not see a player above at that time.] Former President Donald Trump is addressing the Economic Club of New York as he sharpens his policy pitch in the final months of the 2024 presidential election. The Republican nominee's remarks come after a series of economic policy proposals from his opponent, Vice President Kamala Harris.

Persons: Donald Trump, Republican nominee's, Kamala Harris Organizations: Economic, of New, Republican Locations: of New York

☆ Watch live: Fed Chair Jerome Powell speaks from Jackson Hole conference
▼ + stars: | 2024-08-23 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Federal Reserve Chair Jerome Powell delivers his keynote speech Friday morning at the central bank's annual retreat in Jackson Hole, Wyoming. Powell was widely expected to chart a path forward that includes interest rate reductions as the pace of inflation eases and concerns increase about the durability of the U.S. economic expansion. In previous years, he has used Jackson Hole to lay out significant policy initiatives and intentions. Markets widely expect the Fed to begin lowering rates in September and continue with a series of cuts through at least 2025. Read more:Fed minutes point to 'likely' rate cut coming in SeptemberFed survey shows lows in employment, worries about finding work and dissatisfaction with payPhiladelphia Fed President Harker advocates for interest rate cut in SeptemberSubscribe to CNBC on YouTube.

Persons: Jerome Powell, Powell, Jackson, Read, Harker Organizations: Philadelphia, CNBC, YouTube Locations: Jackson Hole , Wyoming

☆ Disney falls on concerns about its theme park business. Here's why we'd buy the stock
▼ + stars: | 2024-08-07 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

Shares of Disney fell Wednesday as concerns about attendance at its theme parks overshadowed streaming profits and better-than-expected headline results. The combined streaming business — encompassing Disney+, Hulu and ESPN+ — turned in its first-ever quarterly profit slightly ahead of schedule. Then, about two weeks ago, CNBC parent Comcast issued weak April-to-June results for its Universal theme parks business, which weighed on Disney's stock in that session . And, at this point, getting to profitability in the combined streaming business, which adds ESPN+ into the mix, was the biggest focus. "So, I do believe the parks business is in fundamentally good shape.

Persons: LSEG, —, Jim Cramer, Jim, we're, Hugh Johnston, Johnston, Disney, Bob Iger, Jim Cramer's, Walt, Gary Hershorn Organizations: Disney, Revenue, ESPN, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Hulu, CNBC, PepsiCo, Wall Street, ABC Network, Geographic, Management, Magic, Walt Disney World, Corbis, Getty Locations: U.S, India, Orlando , Florida

☆ Watch now: ETF Edge on bonds' mission amidst the massive market sell-off
▼ + stars: | 2024-08-05 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Persons: Bob Pisani Organizations: Edge

☆ Live Updates: Sunisa Lee Aims to Extend U.S. Dominance With the Uneven Bars
▼ + stars: | 2024-08-04 | by ( Juliet Macur | Maggie Astor | ) www.nytimes.com time to read: +2 min

Lee was in tears in Tokyo because she had come to win gold on the bars, her signature event. Qiu Qiyuan of China, the world champion on the uneven bars in 2023, was second, with 15.066. Here is what else to know: The uneven bars final will be begin at 3:40 p.m. Paris time. China has two gymnasts in the bars final, Qiu Qiyuan and Zhang Yihan. They have a chance to win their country’s first medal in women’s gymnastics at the Paris Games.

Persons: Lee, Simone Biles, Lee —, Kaylia Nemour, Qiu Qiyuan, NBCOlympics.com, Becky Downie, Josh, Zhang Yihan Organizations: Tokyo, New York Times, International Gymnastics Federation, Paris Games, Britain, Summer, Tokyo Games Locations: Tokyo, Algeria, China, Paris

☆ The Fed's long-awaited rate cuts will open up the job market — but it could take a while
▼ + stars: | 2024-08-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Read previewThe US job market has certainly seen better days. AdvertisementThose rate cuts will help pull the job market out of its slowdown — but likely not before the unemployment rate climbs higher, says Oliver Allen, a senior US economist at Pantheon Macroeconomics. And even then, it could take time for the effects of rate cuts to fully work their way across the job market, said Mark Hamrick, a senior economic analyst at Bankrate. AdvertisementSlowdown in the pipelineUntil rate cuts kick in, Allen thinks the joblessness rate has even more room to climb. AdvertisementForward-looking indicators of job market strength have also been flashing signs of incoming weakness.

Persons: —, Oliver Allen, Allen, …, Mark Hamrick, Hamrick, David Rosenberg Organizations: Service, Business, Pantheon, Challenger, Gray &, Federal, National Federation of Independent Business

☆ Wall Street will look for signs of what's next for the market after a rocky start to August
▼ + stars: | 2024-08-02 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The S & P 500 ended the week down by 2%. As of Friday, the Nasdaq Composite was more than 10% below its recent high, while the S & P 500 was down by 5.7%. Markets were last pricing in a 71% chance of a half percentage point rate cut in September, up from 22% on Thursday, according to the CME FedWatch Tool . Brands , Fidelity National Information Services , Uber Technologies , Marathon Petroleum , Caterpillar Wednesday Aug. 7 3 p.m. Consumer Credit (June) Earnings: Costco Wholesale , Warner Bros. Discovery , Occidental Petroleum , Ralph Lauren , CVS Health , Hilton Worldwide Holdings , Walt Disney Company Thursday Aug. 8 8:30 a.m.

Persons: Stocks, payrolls, Bill Hornbarger, Benjamin F, Edwards, Russell, Claudia Sahm, selloff, Michael Kantrowitz, Piper Sandler, Kantrowitz, Jan Hatzius, Goldman Sachs, Hatzius, CNBC's, Eli Lilly, Ralph Lauren, Martin Marietta Organizations: Nasdaq, Treasury, Investors, Federal Reserve, Walt Disney Company, Caterpillar, Costco, Micro Computer, PMI, PMI Services, Services PMI, Simon Property Group, Diamondback Energy, Tyson Foods, Devon Energy, Airbnb, Wynn Resorts, TransDigm, Brands, Fidelity National Information Services, Uber Technologies, Marathon Petroleum, Consumer Credit, Costco Wholesale, Warner Bros, Discovery, Occidental Petroleum, CVS Health, Hilton Worldwide Holdings, Gilead Sciences, Akamai Technologies, News Corp, Paramount Global, Expedia, Martin, Martin Marietta Materials Locations: Fortinet, Devon

☆ Watch now: ETF Edge on oceans of money flowing in... but from where to where?
▼ + stars: | 2024-08-01 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Persons: Bob Pisani Organizations: Edge

☆ 5 tips from the pros that every summer athlete needs to know
▼ + stars: | 2024-07-29 | by ( Dana Santas | ) edition.cnn.com time to read: +8 min

“Whether you’re a professional athlete or a weekend warrior, you can’t prepare for game day on game day,” he said. This awareness helps you make better choices on game day. “For someone who has not participated in any sporting activity for quite some time, it’s crucial to start safely and effectively,” he noted, not waiting until game day to get going again. For instance, if you want to get back into playing golf, tennis or any other rotational sport, focus on mobility exercises that will improve rotation. Instead, focus on targeted strength and mobility exercises that promote control in end ranges of motion.

Persons: Dana Santas, you’re, Jason Glass, ”, Glass, Christophe Archambault, Bill Burgos, Paul Fournier, Ben White, Stuart MacFarlane, Fournier, Matt Nichol, Hendrik Organizations: Pain, CNN, PGA, Brazil, Getty, NBA, Los Angeles Dodgers, Major League Baseball, Arsenal, Los Angeles Rams, Arsenal FC, Olympic, German soccer, Borussia Dortmund, Nichol, CNN’s Locations: Nigerian, Bordeaux, France, AFP, Burgos, Thousand Oaks , California, German, Osaka, Japan

☆ Watch: Biden explains his decision to exit presidential race
▼ + stars: | 2024-07-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 8 p.m. Please refresh the page if you do not see a player above at that time.] President Joe Biden will deliver a speech from the Oval Office to explain his decision to drop out of the presidential race against former President Donald Trump, and to lay out his plan for the remaining months of his term. It is the first time Biden has addressed the nation since exiting the race and endorsing Vice President Kamala Harris to replace him. The president returned to Washington on Tuesday after quarantining at his Delaware beach house with Covid-19.

Persons: Joe Biden, Donald Trump, Biden, Kamala Harris, quarantining Organizations: CNBC, YouTube Locations: Washington, Delaware

☆ Yulia Alyoshina: Russian transgender politician reverses decision to detransition, saying she was acting ‘out of fear’
▼ + stars: | 2024-07-24 | by ( Anna Chernova | ) edition.cnn.com time to read: +5 min

CNN —Russia’s first and only openly transgender politician has said she is no longer detransitioning, telling CNN that she had been previously driven by fear of Russia’s ban on gender reassignment. “It was my sincere desire,” she told CNN. “I am a patriot of my country, that’s why I live in Russia,” Alyoshina said. Unable to leave the country, Alyoshina told CNN she still does not feel safe but explained the need to come forward with the statement to stay true to herself. A study carried out in 2021 by Russia’s transgender support group, T-Action, estimated at least 30,000 transgender people have sought medical treatment or changed their legal documents.

Persons: CNN — Russia’s, Alyoshina, “, ”, ” Alyoshina, ” “, “ I’m, I’m, Vladimir Putin, Anton Macintosh Organizations: CNN, Russian Federation, Russian, Duma, Civic Initiative Locations: Russian, Russia, Altai, Siberia

☆ Watch now: ETF Edge on what to know as Spot Ethereum begins trading today
▼ + stars: | 2024-07-23 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Persons: Bob Pisani Organizations: Edge

☆ They built a home in Thailand after their US property was flooded in a hurricane
▼ + stars: | 2024-07-22 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +12 min

CNN —With his retirement fast approaching, Jim Dolan, from the US, felt as though his future was more or less mapped out. “I was not ready to leave the United States at that point,” Jim Dolan explains. “I feel safer here in Thailand than I think in any of the cities that I lived in the United States. “I think she had a bigger challenge moving to the United States than I had coming here,” he says. “But overall, I think we’re much better off here than we would have been in the United States had we stayed there.”

Persons: Jim Dolan, Som Dolan, Hurricane Harvey, ” Jim Dolan, Som, Jim, hadn’t, Jim Dolan –, Worcester , Massachusetts – hadn’t, “, ”, they’d, Sam Roi Yot, Prachuap Khiri Khan, pugs Morgan, Gwennie, he’s, it’s, … ”, haven’t, – Morgan, I’ll, They’ve Organizations: CNN, NASA, CNN Travel, Houston, “, United Locations: Thailand, Houston, Hurricane, Texas, Worcester , Massachusetts, Bangkok, United States, Thai, Washington , DC, Prachuap, Gulf, Sam, Roi, Denver, Austin, Spanish, East Coast

☆ Why outlets are lagging behind other mall categories in the U.S.
▼ + stars: | 2024-07-18 | by ( Darren Geeter | ) www.cnbc.com time to read: +1 min

Outlet malls have been an American staple for shoppers since the 1930s. Historically, outlets were attached to the factories where apparel was made, selling out-of-season, overrun or faulty merchandise at a discount to employees. In 2023, the U.S. outlet industry was a $64.9 billion industry, with 342 centers spread across the nation, according to IBISWorld. That's what draws them into our shopping centers," said Stephen Yalof, CEO of Tanger Outlets . Watch the video to learn why the outlet mall recovery is lagging behind other mall counterparts and how the industry is combating e-commerce shopping.

Persons: they're, Stephen Yalof Organizations: Tanger Locations: American, U.S

☆ Opinion: In Gaza, fear of ‘the war after the war’
▼ + stars: | 2024-07-15 | by ( Opinion Arwa Damon | ) edition.cnn.com time to read: +10 min

Without rule of law, without a peacekeeping force, without humanitarian aid, Gaza will combust and descend into civil chaos. This route is used by both commercial and aid trucks, as well as convoys like the one I am in, transporting aid workers. Palestinians storm trucks loaded with humanitarian aid brought in through a new US-built pier in central Gaza on May 18. They are waiting to ambush aid trucks, but they smile and wave at our far less tempting UN-marked jeeps. A fear of “the war after the war.” Some believe it has started already.

Persons: Arwa Damon, Arwa Damon CNN, Kerem Shalom, Karam Abu Salem, “, Karam Abu, Benjamin Netanyahu, Abdel Kareem Hana, David Satterfield, Menahem Kahana, ”, I’ve Organizations: CNN, International Network for Aid, Relief, Gazans, ”, Israel’s, KS, State Department, Carnegie Endowment, Coordination Locations: Gaza, Rafah, Egypt, Israel, Karam Abu Salem, Middle East, Kerem, AFP, Israeli, Territories, COGAT, shrugging, Baghdad

☆ Watch Fed Chair Jerome Powell's remarks on interest rate policy and the economy
▼ + stars: | 2024-07-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Federal Reserve Chair Jerome Powell is set to address the Economic Club of Washington, D.C., on Monday as traders look for hints about when the central bank will cut interest rates. Powell will partake in a discussion with David Rubenstein, chairman of the Economic Club and co-founder of The Carlyle Group. These will be Powell's first remarks since Thursday's consumer price index report, which showed that prices went down in June on a monthly basis. He also said the central bank did not need to wait for inflation to actually reach its 2% target before cutting rates. The Federal Reserve has a policy meeting at the end of July, but a rate cut is seen unlikely at that time.

Persons: Jerome Powell, Powell, David Rubenstein Organizations: Economic, of Washington, of Washington , D.C, Economic Club, The, Group, Capitol, Fed, Federal, Traders Locations: of Washington ,

☆ Watch: President Joe Biden holds rare solo press conference
▼ + stars: | 2024-07-11 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: 1 min

Please refresh the page if you do not see a player above at that time.] President Joe Biden is set to hold a solo press conference in Washington on Thursday following a busy day of NATO Summit events. The press conference is an opportunity for the president to prove to voters that he can handle tough questions without a teleprompter following his disastrous debate performance against former President Donald Trump in June. Since that debate flop, Biden has faced escalating pressure to drop out of the presidential race from Democrats concerned about his fitness and ability to beat Trump in November. Just ahead of the Thursday press conference, Biden made an embarrassing blunder at a NATO event honoring Ukraine where he mistakenly introduced Ukraine President Volodymyr Zelenskyy as "President Putin."

Persons: Joe Biden, Donald Trump, Biden, Volodymyr Zelenskyy, Putin Organizations: NATO, Trump, CNBC, YouTube Locations: Washington, Ukraine

Search resuls for: "ove at th"

25 mentions found