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☆ Key lines from CNN’s presidential debate
▼ + stars: | 2024-06-28 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +17 min

CNN —In CNN’s presidential debate, President Joe Biden was halting and, at times, trailed off and confused words, feeding a nagging narrative about his fitness for the presidency. Trump said Biden couldn’t drive a golf ball 50 yards, and Biden challenged Trump to a golf match but only if Trump carries his own clubs. We’ve got to take a look at what I was left when I became president, what Mr. Trump left me. -TrumpBiden said Trump deserves blame for watching the riot at the Capitol unfold for hours without doing anything to intervene. They’ve had meetings and they voted who’s the worst president in American history.

Persons: Joe Biden, Donald Trump, overinflated, Trump, Biden, ” Trump, “, …, Trump’s, Jake Tapper, Dana Bash, We’ve, Biden Trump, Trump Trump, We’d, I’ve, –, ”, Roe, Wade, You’ve, It’s, Trump Biden, ” Biden, Beau, John Kelly, Vladimir Putin’s, Putin, Volodymyr, Zelensky, There’s, Gaza Biden, Israel, “ I’ve, Tapper, we’re, We’re, Hunter, Joe, you’re, Biden Biden, E, Jean Carroll, Daniels, ” –, reimbursements, Hitler Biden, Hitler’s, flabbergast Biden, They’ve, That’s Organizations: CNN, Trump Biden, Trump, Medicare, Social Security, Republicans, Trump Trump, Biden, Democrats, White House, Ukraine Trump, Ukraine, Hamas, Bash Locations: Atlanta, freefall, Iraq, France, Ukraine, Soviet Union, Israel, Gaza, Palestinian, United States, New York, Charlottesville , Virginia, “

☆ Trump defends Truth Social as media company's skeptics grow, stock price whipsaws
▼ + stars: | 2024-04-04 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Donald Trump on Thursday defended his social media platform Truth Social as a growing chorus of critics — and short sellers — view its parent company as a meme stock with a vastly overinflated share price. Trump Media has become by far the most expensive stock in the U.S. to sell short, according to data firm S3 Partners. Trump Media said it might eventually change its mind and report that data, but it also "may never collect, monitor, or report any or certain key operating metrics." Trump said his roughly 7 million followers on Truth Social is "very good for a startup, and growing fast." Truth Social saw roughly 5 million visits in February, according to an estimate by research firm Similarweb reported by the Associated Press.

Persons: Donald Trump, —, doesn't, Trump, Devin Nunes, DJT, Elon Musk Organizations: Trump, Radical Left Democrats, Trump Media & Technology Group, Trump Media, Partners, Nasdaq, Capitol, Associated Press, Facebook Locations: U.S

☆ How Wealthy Investors Got Rich Looting America's Needy Hospitals
▼ + stars: | 2024-03-11 | by ( Bethany Mclean | ) www.businessinsider.com time to read: +21 min

That added to the massive debt burdens already placed on the hospitals by their for-profit owners, deepening their financial woes. In January, MPT reported that its biggest tenant, a nationwide chain of 32 hospitals called Steward, could no longer pay its rent. The core idea was simple: to buy hospital real estate, pocket the lease payments, and use the money to reward investors. The more hospital real estate that MPT buys, the more money it makes in rent payments from the hospitals. But that doesn't mean that MPT's leaders didn't get rich off its hospital deals.

Persons: Leonard Green, Sherman Cahal, Rob Simone, Hedgeye, MPT, Steward —, Justin Simon, Jasper Capital, they've, Ed Aldag, Eddie Lampert's, Eileen Appelbaum, Rosemary Batt, MTP, Marc Rowan, Richard Mortell, Leonard Green couldn't, they'd, Stephen Feinberg, Ralph de la Torre, Steward, Simone, Cerberus, Chandan Khanna, That's, de la, de la Torre, la Torre, Amaral, Aldag, Apollo, Eileen O'Grady, Moody's, didn't, Sen, Chuck Grassley Organizations: Northside Regional Medical Center, Ohio Valley Medical, East Ohio Regional Hospital, Luke's Medical, Glenwood Regional Medical Center, Medical Properties Trust, Jasper, Sears, Bain Capital, Affordable, Cornell University, Business, Third Coast Real Estate Capital, Cerberus, Health Care, Boston Globe, Bloomberg, Getty, Easton Hospital, Local, de la Torre, la, MediaNews, Boston Herald, Prospect, Private, Yale New Haven Health, Yale, Apollo, MPT, SEC, Republican, Senate Finance Locations: Youngstown , Ohio, Ohio, Wheeling , West Virginia, Martins Ferry , Ohio, St, Luke's, Phoenix, Massachusetts, West Virginia, California , Pennsylvania, Texas, Pennsylvania, Louisiana, America, Alabama, MPT, Greater Boston, Steward, Easton, Lehigh, Elizabeth's, Boston, Connecticut, it's

☆ Cramer says get ready to buy if there's a market sell-off: 'I have my shopping list'
▼ + stars: | 2024-03-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday disputed talk of sector bubbles, saying investors should be prepared to buy if there's a sell-off and undervalued stocks pull back. "I will be ready to buy if this market sells off," he said. He opined about the burgeoning artificial intelligence sector, saying that despite its current popularity, investors may not yet conceive of how influential this new technology will be. Cramer also pointed to Nvidia — which recently closed above the $2 trillion market cap — and said the company hasn't been overvalued. "I'm not fretting, I'm just expecting, and I have my shopping list of what to buy on weakness for the charitable trust."

Persons: CNBC's Jim Cramer, Cramer, hasn't, Wall, Nvidia's, —, Eli Lilly, I'm Organizations: Nvidia, Novo Nordisk

☆ Meta's retreat from news accelerated in 2023, leaving publishers scrambling for traffic
▼ + stars: | 2024-01-22 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +14 min

At Mother Jones, a 48-year-old nonprofit magazine specializing in politics and investigations, the implications were dramatic. "The firehose of Facebook traffic was never going to pay for our journalism, for the majority of our journalism," Bauerlein said. Last decade, many publishers saw their "social traffic decline pretty dramatically," with Facebook deprioritizing text-based articles in favor of video content, Cholke said. "If we all end up finding news in the metaverse, then you'll be finding Mother Jones in the metaverse," she said. What Mother Jones won't do, she said, is "bet everything on one platform, because that never works out."

Persons: Mark Zuckerberg, Sen, John Kennedy, Bill Clark, Reuters Mother Jones, Monika Bauerlein, Mother Jones, Meta, Donald Trump, Bauerlein, Jill Nicholson, Nicholson, Zuckerberg, David Carr, Carr, We've, Meta hasn't, It's, Similarweb, Sam Cholke, John S, Adams, Jonah Peretti, " Peretti, Jessica Probus, BuzzFeed's, BuzzFeed, Probus, Cholke, that's, Chartbeat's Nicholson, Mathew Ingram, Facebook, Ingram, Pew, Elisa Shearer, influencers, Jones Organizations: Facebook, Reuters, Mother, CNBC, Google, Meta, Daily, Comcast, Vice Media, Institute for Nonprofit News, Texas Tribune, Montana Free Press, The Texas Tribune, Institute for Nonprofit, Longtime, Columbia Journalism, Pew Research Center, Pew Locations: Washington, France, Germany, Australia, Helena, American

☆ Private company valuations 'going nuts again' amid AI boom, Cisco CEO says
▼ + stars: | 2024-01-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The valuations of some private companies are "going nuts again," returning to highs not seen since the Covid-19 pandemic, according to Cisco's chief executive. Chuck Robbins told CNBC Tuesday that businesses focused on new technologies like artificial intelligence were garnering price tags akin to those seen during the era of low interest rates. "When you get into gen [generative] AI and some of these other things, we are seeing some of the private valuations are going nuts again," he said during a CNBC-moderated panel event at the World Economic Forum in Davos, Switzerland. Robbins said that it was "ironic" that the cycle had recurred so soon after higher interest rates had put an end to the era of easy money and seemingly corrected sometimes overinflated valuations. "It is ironic to me that we're so quickly doing this after what we experienced 48 months ago.

Persons: Chuck Robbins, Robbins Organizations: CNBC, Economic Locations: Davos, Switzerland

That's especially true if you're in search of great Black Friday gaming deals, which include discounts on controllers, mechanical keyboards, consoles, gaming laptops, and more. Some of the best Black Friday gaming deals we've found so far include a $60 discount on a brand-new PS5 slim bundle. These Black Friday gaming deals are all active right now, November 24, and they'll likely run until midnight tonight. Best Black Friday gaming console deals todayBest Black Friday gaming laptop deals todayBest Black Friday gaming monitor deals todayBest Black Friday gaming controller deals todayBest Black Friday gaming accessory deals todayBest Black Friday gaming headset deals todayBest Black Friday game deals todayBlack Friday gaming deal FAQsWhat's the difference between a gaming laptop and any other laptop? Check out our guides to the best gaming mouse and best wireless gaming mouse for our top picks.

Persons: we've, We're Organizations: Friday

That's especially true if you're in search of great Black Friday gaming deals, which include discounts on controllers, mechanical keyboards, consoles, gaming laptops, and more. Some of the best Black Friday gaming deals we've found so far include a $60 discount on a brand-new PS5 slim bundle and a massive $500 discount on a 4K Samsung Odyssey gaming monitor. Best Black Friday gaming console deals todayBest Black Friday gaming laptop deals todayBest Black Friday gaming monitor deals todayBest Black Friday gaming controller deals todayBest Black Friday gaming accessory deals todayBest Black Friday gaming headset deals todayBest Black Friday graphics card dealsBest Black Friday game deals todayBlack Friday gaming deal FAQsWhat's the difference between a gaming laptop and any other laptop? For more details and recommendations, check out our guide to the best gaming laptops. Check out our guides to the best gaming mouse and best wireless gaming mouse for our top picks.

Persons: we've, We're Organizations: Samsung, Friday

☆ The US is headed for recession, but a key difference from past downturns could make it milder, Apollo chief economist says
▼ + stars: | 2023-10-25 | by ( Aruni Soni | ) www.businessinsider.com time to read: +2 min

The US economy is headed for a recession, but it's likely to be milder than prior slumps, Apollo's chief economist said. That's because any potential slowdown this time around would be "engineered" by the Fed, Torsten Sløk told CNBC. When recession arrives, the Fed can undo the measures it took that initially slowed the economy, he added. Another recession is coming, but this time around the culprit is also the savior, making it a lot less harmful, according to Apollo Management's chief economist, Torsten Sløk. "Here today, this is all engineered by the Fed, the slowdown," Sløk said.

Persons: Torsten Sløk, —, Apollo, Sløk Organizations: CNBC, Service, Fed Locations: It's

☆ 5 things investors should know about a coming recession, according to Bank of America
▼ + stars: | 2023-10-24 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

The latest Bloomberg poll shows forecasters give 55% odds for a US recession in the next 12 months. Bank of America broke down the top factors to watch for ahead of a potential downturn. Third, investors should also understand that recessions typically do not last long. On average, recessions last just over 10 months, Bank of America said. Stock returns from post-recession lows have proved historically strong, with an average of 19.7% 3-month returns, 28% 6-month returns, and 43.7% 12-month returns.

Persons: —, Merrill, Joseph P, Quinlan, Stock Organizations: Bloomberg, Bank of America, of, Service, BofA Private Bank, National Bureau of Economic Research, Federal Locations: of America's

☆ 10 cities where home prices are set to decline the most over the next 3 years with real-estate values overinflated, according to Moody's
▼ + stars: | 2023-10-17 | by ( William Edwards | ) www.businessinsider.com time to read: +1 min

Moody's economists expect US home prices to fall by around 4.5% in the years ahead. Home prices in cities like Provo, Utah and Clarksville, Tennessee will fall most, Moody's says. Some housing markets around the US are in for a rough few years. According to Matthew Walsh, an economist at Moody's focused on housing, national home prices are due to decline to the tune of about 4.5% in the near future, following a 40% surge since 2020. Based on several factors including a valuation model, Walsh shared with Insider Moody's projections for markets where they see home prices falling most in the years ahead.

Persons: Moody's, Matthew Walsh, Walsh Locations: Provo , Utah, Clarksville , Tennessee

☆ Adani blasts ‘Soros-funded interests’ after media raise new questions about business empire
▼ + stars: | 2023-09-01 | by ( Mark Thompson | ) edition.cnn.com time to read: +6 min

The documents were unearthed by the non-profit Organized Crime and Corruption Reporting Project (OCCRP), which counts billionaire George Soros’ Open Society Foundations among its financial backers, and its research was shared with media including The Guardian and the Financial Times. It is also backed by the US State Department, the UK Foreign Office and the Ford Foundation. The Financial Times said people familiar with the structures had claimed “parallel sets of books and a Russian doll of companies and funds” at the investment firm were used to mask the trades. When Hindenburg published its report in late January, it pitched 88 questions to Adani that cast doubt on his conglomerate’s financial health. Speaking to reporters in Mumbai on Thursday, Rahul Gandhi, a prominent lawmaker from India’s main opposition Congress party, urged Modi to investigate the allegations put forward by the Financial Times and The Guardian and criticized his silence on the matter.

Persons: Gautam, “ Soros, George Soros, OCCRP, Narendra Modi, Adani, “, OCCRP’s, Drew Sullivan, Hindenburg, —, ”, SEBI, ” Adani, Modi, Rahul Gandhi, ” Gandhi, Michelle Toh, Rhea Mogul Organizations: London CNN, Adani, Guardian, Financial Times, CNN, Soros, US State Department, Foreign Office, Ford Foundation, Indian, Adani Group, Hindenburg Research, Society Foundations, Securities and Exchange Board of India, ” Reuters, India’s Locations: Adani, Bermuda, Russian, Mauritius, India, Mumbai

☆ A worker who fears she's getting 'quietly fired' explains 2 warning signs that your company might be trying to push you out
▼ + stars: | 2023-03-26 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

"There's a certain amount of gaslighting that goes on, too, from management," she told Insider. She added that quiet firing typically involved singling out people, rather than employers trying to push out many. "At the end of the day, quiet firing is more about the culture of fear it produces," the account manager said. 'Push, push, push' on harder-to-achieve goalsAnother sign the account manager has seen is an increase in goals. It's just push, push, push."

☆ Another Stock Market Crash Coming, Wall Street's Top Investors Warn
▼ + stars: | 2023-02-22 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

This elation has lulled Wall Street into a false sense of security, according to the investing world's elite who I've spoken with over the past few weeks. It's like all the good little boys and girls on Wall Street asked for a rally for Christmas and got it. He added that nonprofessional retail investors' strong return to the market indicated an unsustainable rally. Anytime Wall Street has forgotten that over the past year, it has gotten punished. And that means Wall Street will eventually have to open its eyes, take its fingers out of its ears, and watch this bear-market rally fall apart.

☆ UBS warns that a historically reliable indicator shows earnings could fall 15% — and shares 24 high-quality stocks that will be immune from the drop
▼ + stars: | 2023-02-18 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Normally, a company's earnings — what's left from revenue after subtracting all expenses — are closely tied to its money made from operations, or operating cash flow (OCF), Parker wrote. UBSWhile that sounds promising at first, the bad news for investors is that OCF is actually a more reliable measure of profitability than earnings, Parker wrote. A low accrual suggests that a company's earnings are higher quality, while a high accrual implies lower quality earnings. UBS found 24 stocks that have low earnings risk since their OCF is high relative to net income. "We combine the accruals factor with change in valuation and EPS revisions to identify stocks that have 'de-risked earnings' vs 'at-risk earnings,'" Parker wrote.

☆ 2 portfolio managers at a $24 billion firm share 8 stocks that are pursuing innovation even in a slowing economy — and explain why investors should focus on boring businesses for success during a rece
▼ + stars: | 2023-02-15 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

David Souccar and Daniel Kranson, portfolio managers focused on global equities at Vontobel Quality Growth — which manages $24 billion in assets — are following the same philosophy. But they believe that investors can still find innovative and growth-oriented companies when they go looking for high-quality stocks. That may seem counterintuitive, since growth stocks have recently struggled against their value peers as investors have reemphasized fundamentals. Boring stocks can be the most innovativeSometimes, quality growth stocks like the ones Souccar and Kranson invest in can be more boring than companies with high speculation and flashy CEOs. So as life goes back to normal, there is going to be an acceleration of earnings growth," Souccar said.

☆ Gen Z workers have fueled job title inflation. It was perfectly timed with the Great Resignation.
▼ + stars: | 2023-02-07 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +2 min

I'm a Gen Z worker, and to some extent, I understand why millennial bosses find us daunting (here's Insider's guide to dealing with Gen Z workers, btw). That power fuels a lot of Gen Z stereotypes: doing things our own way, valuing work-life balance, and not having job loyalty. Burton/Getty images; Robyn Phelps/InsiderGen Z + Great Resignation = overinflated job titles. Here's what to know:My brilliant colleague Aki Ito breaks down how some job titles have become overinflated, like "senior executive vice president." Title inflation also appeases Gen Z.

☆ How Gen Z and the Great Resignation created a wave of overinflated job titles
▼ + stars: | 2023-02-07 | by ( Aki Ito | ) www.businessinsider.com time to read: +9 min

Way back in 1993, the Financial Times ran a column bemoaning the grandiose job titles that were popping up in the US and the UK. Compared with enticements like higher pay and better benefits, tacking an extra "senior" onto somebody's job title is free. Some are mashing together a bunch of old words, resulting in monstrosities like "senior executive vice president" — not to be confused with senior vice presidents and executive vice presidents. Still, despite the downsides of title inflation, I think there are some redeeming qualities to the state of things today. It goes to show how our job titles aren't just a summary of our day-to-day responsibilities or an indicator of our place in the org chart.

☆ A Ukrainian soldier died on the battlefield in Bakhmut. His death has sparked a fierce dispute between some American veterans and a volunteer trainer.
▼ + stars: | 2023-01-21 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +13 min

While entering a house in Bakhmut, two Ukrainian soldiers were ambushed by Russian troops. While he was doing laundry, Wang said a dark-green SUV suddenly pulled up and he heard a Ukrainian soldier shout, "De medyky?" More muscle than the pork ribsWang, by his own admission, decided to take charge of rescuing the wounded Ukrainian soldier. Diego Herrera Carcedo/Anadolu Agency via Getty ImagesIn the phone conversation with Insider, Wang defended his involvement in the death of the Ukrainian soldier. A wider tapestry of issuesThe SOLI instructors said the Bakhmut deaths were just one part of a wider tapestry of issues caused by Wang's inexperience and overzealousness.

☆ Frustrated pharmacists are opting out of the insurance system, saving some customers hundreds of dollars a month
▼ + stars: | 2022-08-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Headshot_Small.Png | Adiel Kaplan | ) www.nbcnews.com time to read: +14 min

Hux has owned Pickerington Pharmacy, which takes nearly every kind of insurance, since 2016. For some drugs, especially name-brand medications without generic alternatives, the insurance pharmacy, Pickerington, will most likely be the better bet. For other drugs, particularly those that have recently gone generic, it will be the all-cash pharmacy, Freedom. Or is it the noninsurance world?”For Kitchen, a retired registered nurse with arthritis and fibromyalgia, it was the noninsurance world of Freedom Pharmacy. By cutting out the middlemen, Freedom Pharmacy is far cheaper to operate.

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