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☆ Fans of the Bachelor Could Decide the 2024 Presidential Election
▼ + stars: | 2024-09-18 | by ( Juliana Kaplan | Andy Kiersz | ) www.businessinsider.com time to read: +17 min

Ben Higgins tried to parlay his Bachelor success into a political career, but the campaign didn't last long. The focus on Bachelor Nation also makes sense given the franchise's viewership is dominated by one of the most crucial swing votes of recent elections: white women. In the past two presidential elections, white women were the most closely split demographic subgroup tracked by major exit polls. In 2016, Donald Trump won over 52% of white women against Hillary Clinton's 43%, exit polls found, while Trump bested Joe Biden in 2020 among white women 55% to 44%. The overlap between the swingiest demographic and the "Bachelor" audience suggests Bachelor Nation has value to those who seek to lead our nation.

Persons: Ben Higgins, Charming, Higgins, He's, that's, Acierto, Young Sheldon, Joey Graziadei's, Graziadei, Doug Emhoff, Kamala Harris, Chad Kultgen, Lizzy Pace, Pace, Harris, Kultgen, Joey Graziadei, John Fleenor, Walz, Big, YouGov, Donald Trump, Hillary Clinton's, Trump, Joe Biden, Hulu —, they're, Natasha Scott, Reichel, Rose, Scott, Claire Fallon —, —, Becca Kufrin's, Fallon, Emma Gray, Garrett Yrigoyen, Kufrin, Yrigoyen, — Colton Underwood, — Fallon, Matt James, Rachael Kirkconnell, James ', Chris Harrison, it's, Justine Kay, Charity Lawson —, Joe Biden's, he's, Juliana Kaplan, Andy Kiersz Organizations: Disney, ABC, NFL, Valentine's, White, Daily, Nation, Pew Research, Trump, Hulu, Girls, Bachelor Nation Locations: American, Colorado, America, Atlanta, Quinnipiac, Georgia, North Carolina, Hulu, Washington

☆ 'Cheap' and 'under-owned': CIO makes the case for UK stocks despite U.S. bounce back
▼ + stars: | 2024-08-14 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

U.K. stocks are looking particularly attractive after a fresh bout of market volatility, according to the chief investment officer of financial firm Wren Sterling. It is in this context that Wren Sterling's Rory McPherson believes British stocks look "cheap" and "under-owned." When asked whether investors should consider U.K. stocks as part of a shift away from U.S. tech companies, McPherson replied, "Well, we think so. I mean you look at the market like the U.K., it's on 12 times earnings, its cheap, its under-owned. Analysts have recently turned bullish on U.K. stocks, which had been unpopular for years.

Persons: Wren Sterling, Wren, Rory McPherson, McPherson, CNBC's, " McPherson Organizations: Global, U.S, Analysts, BlackRock Investment, BlackRock, Labour Party, CNBC, Bank of, Bank of England Locations: U.S

☆ Work Culture at the Gates Foundation: Bill Gates Was Domineering, Inspired Fear
▼ + stars: | 2024-08-09 | by ( Anupreeta Das | ) www.businessinsider.com time to read: +10 min

Every year, Bill Gates — and, until she left, Melinda French Gates — would hold multiple meetings with executives of the Gates Foundation to approve plans and budgets, and review strategies. For many, the meeting might be the only direct opportunity to interact with, and impress, Gates and French Gates. AdvertisementGates and French Gates followed the presentations closely, usually saving questions for the end. The former couple sought to maintain a professional relationship, giving themselves at least two years to see if they could work together, with the understanding that French Gates would leave if they couldn't. One former senior employee compared the style of discussion to the Socratic method, often used in law schools by professors who push students to reasoning through dialogue.

Persons: Bill Gates —, Melinda French Gates, Gates, Louis XIV, —, opprobrium, Gates —, Bill Gates, Simon, It's, Melinda weren't, hasn't, Warren Buffett —, outargue Gates, seethed, Anupreeta Das Organizations: Gates Foundation, Business, Employees, Avid Reader Press, Simon & Schuster, Inc, HBO, Microsoft Locations: French Gates, Versailles, Gates

☆ I was in an accident that broke my collarbone and ribs. It didn't stop me from flying to Europe to see Taylor Swift.
▼ + stars: | 2024-07-05 | by ( Tayla Blaire | ) www.businessinsider.com time to read: +4 min

I've been a Swiftie since 2007, so you can imagine my absolute euphoria at getting my hands on tickets to the Eras Tour. Taylor's previous tours never came to South Africa, where I live, and the Eras Tour was no exception, with Africa left off the roster completely. I was left with a broken collarbone, broken ribs, and a massive hematoma in my right hip and thigh. Then, we watched Paramore for an hour before the three-and-a-half-hour Eras Tour. AdvertisementTayla Blaire had a great view of Taylor Swift at the Eras Tour concert.

Persons: I've, Weeks, hadn't, Tayla Blaire, Taylor Swift, tiptoe, Taylor Organizations: Service Locations: South Africa, Africa, Europe, Dublin, Johannesburg, Mere, Cork

☆ A Covid-19 memorial website, The WhoWeLost Project, offers pandemic mourners a digital safe space
▼ + stars: | 2024-05-18 | by ( Ashley Williams | Ashley R. Williams | ) edition.cnn.com time to read: +10 min

A year ago, the World Health Organization declared an end to Covid-19 as a global public health emergency. On the fourth anniversary of Settle’s death – and driven by a need to mourn – Koenig wrote about his former partner on the Covid-19 remembrance website WhoWeLost. Greenwald expanded the website nationally after a 2021 story on the website from an NPR affiliate garnered widespread praise. “I think the need for the site, in a way, is larger because less people are paying attention (to Covid-19),” Greenwald told CNN. They can write those stories down here.”New York City resident Wiandy Santiago’s 65-year-old brother Wilmard Santiago died of Covid-19 in April 2020, a week after being placed on a ventilator.

Persons: Jody Settle, Ed Koenig, Settle’s, Willie Nelson’s, ”, Koenig, – Koenig, Martha Greenwald, “, ” Greenwald, Greenwald, Kentuckians, Kent Nishimura, Wilmard Santiago, ” Wiandy Santiago, Alberto Locascio, doesn’t, ” Santiago, she’s, –, Wilmard, Locascio’s, Nicholas, She’s, Sarah Wagner, Covid, ” Koenig, Poynter, ’ ” Greenwald, Spencer Platt, “ We’re, ” Paige Gavin, that’s, ” Wagner, WhoWeLost, “ Covid Organizations: CNN, New York City, Settle, World Health Organization, United, NPR, Los Angeles Times, American Psychiatric Association, York City, Wiandy, Yankees, George Washington University, Getty Locations: Irish, New York, United States, Covid, Kentucky, New Jersey, Louisville , Kentucky, Washington, Washington ,, United Kingdom, ”, York, Bronx, New

☆ Why the biggest real estate funds still struggle
▼ + stars: | 2024-05-17 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +8 min

Read previewBlackstone, the world's largest landlord, contends the worst is over for commercial real estate. In the first quarter, shareholders in Blackstone Real Estate Income Trust, or BREIT, its $59 billion flagship real estate investment fund, pulled out almost a billion dollars a month on average, according to the company's first-quarter earnings statement. A similar investment fund operated by Barry Sternlicht's Starwood Capital has had an even greater retreat by investors. Share pricing is determined through appraisals of the value of the underlying real estate holdings. In May, Blackstone Real Estate Partners X also completed the $3.5 billion acquisition of Tricon Residential, an owner of single family rental homes.

Persons: —, Barry Sternlicht's, Kevin Gannon, BREIT, reinvigorating, anemic, REITs, Jonathan Gray, Blackstone Heidi Gutman, NBCUniversal, Jon Gray, they're, Gray, outperformance, redemptions, Blackstone, Gannon, They're, Sternlicht, Todd Henderson, REIT, Henderson, It'll Organizations: Service, Investors, Income Trust, Business, Barry Sternlicht's Starwood Capital, Starwood Real, Blackstone, Starwood, KKR, Apollo, Federal Reserve, Communities, Blackstone Real Estate Partners, Tricon Locations: Blackstone, Brookfield, BREIT, Tricon, Nashville, DWS

☆ I was happy in the UK and dead against moving to New York. When my partner was made redundant, it felt like our only option.
▼ + stars: | 2024-04-23 | by ( Hannah Crown | ) www.businessinsider.com time to read: +6 min

Leaving London for New York City felt like the only option. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo years ago, my partner and I were still living in a one-and-a-half-bedroom basement in London. AdvertisementLeaving London for New York felt like the only optionAfter that, I had to admit, grudgingly, that going to New York seemed like the best option. The poverty in New York City is reported to have increased in recent years, bringing the total number of New Yorkers living in poverty to 2 million, according to a report from Robin Hood, an anti-poverty philanthropy.

Persons: Hannah Crown, —, we've, we'd, Peter, We've, I've, Robin Hood, It's Organizations: Service, Apple, Radio City, London Locations: British, England, London, New York City, New York, New Jersey, Brooklyn, Macy's, Radio, Dyker Heights, Long

☆ Being a psychopath helped me excel as a lawyer and not care about gender roles. Non-psychopaths can learn 2 things from me.
▼ + stars: | 2024-04-09 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

AdvertisementI feel like I'm really far away from my emotions, so things that should trigger me emotionally, don't. For example, I don't feel the need to get up and help my dad if he falls just because he's my dad. I don't really have a strong sense of my gender, which is a superpower. Female psychopaths tend to be dominant more in traditionally female ways — social ways, like being Queen Bee or being emotionally manipulative and using mental games. People who interact with me for work often think I'm very chill and can handle all sorts of stress.

Persons: —, M.E, Thomas, it's, I'm, Thomas I, Bee, they're, that's Organizations: Service, Business Locations: San Francisco

☆ Putin's big week means more uncertainty for the markets during a critical time
▼ + stars: | 2024-02-13 | by ( Milly Struthers | ) www.businessinsider.com time to read: +8 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today’s big story, we’re looking at why the recent resurgence of Vladimir Putin and Russia comes at an inopportune time for the markets. The big storyPutin's big weekRebecca Zisser/Business InsiderVladimir Putin hasn't notched many personal wins since Russia's invasion of Ukraine, but last week was an exception. Putin’s successes further complicate a geopolitical situation that has silently loomed over a US economy trying to tiptoe past a recession.

Persons: —, florists, Vladimir Putin, Rebecca Zisser, Vladimir Putin hasn't, Tucker Carlson, he’s, Tom Porter, Carlson, Putin, Joe, Donald Trump, BI’s Brent D, Griffiths, Tom, GAVRIIL, Jamie Dimon, Ray Dalio, Jerome Powell, It’s, David Rosenberg, doesn’t, Alex Wong, Stocks, Savita Subramanian, Grammarly, Abanti Chowdhury, Zers, Temu, Sam Altman, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, NATO, Sputnik, Kremlin, JPMorgan, Bridgewater Associates, Reserve, Federal Reserve, Bank of America, Labor Statistics, Tech, Chiefs, 49ers, World, Ferrari, Business Locations: Russia, Ukraine, Russian, Moscow, China, Israel, Gaza, Washington ,, New York, London

☆ Opinion | The War in Gaza Is Splintering the Democratic Party
▼ + stars: | 2023-11-17 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +15 min

Should a few members of the Squad lose their primaries, the blow to Democratic unity could be severe. “And they’ll either stay at home or they’ll go to a third party.”Already, there are signs that the party is fracturing over Israel. Advocates for the freedom and safety of Palestinians, horror-struck by more than 10,000 civilian deaths in Gaza, believe that the Democratic Party is giving its approval to atrocities. These big-footed donors, who are overwhelmingly targeting representatives of color, are going to exacerbate the fissures in the Democratic Party. Diana Lovett, a Democratic Party district leader who held a fund-raiser for Bowman last year, said polarization over the congressman was tearing apart local Democrats.

Persons: Ryan Grim, Alexandria Ocasio, Cortez, Bernie Sanders, she’d, ”, Ilhan Omar, who’ve, Tlaib, “, Omar, Mark Mellman, Israel, ” Mellman, Bowman, Eliot Engel, Grim, he’d, George Floyd, Giddins, —, Don Samuels, Cori Bush, Wesley Bell, Summer Lee, Bhavini Patel, Bowman doesn’t, George Latimer, imploring, Latimer, hadn’t, Waleed Shahid, Ocasio, imploring Biden, they’ve, He’s, ” Bowman, I’m, haven’t, hasn’t, Shahid, Ta, Nehisi Coates, Coates, Isaac Herzog, Weinberger, Sam Bankman, Nina Turner, Andy Levin, Republican megadonors, Bernie Marcus, “ I’ve, Mark Pocan, Mellman, Diana Lovett, Lovett, who’d, dreading, “ He’s, we’re Organizations: Israel, ”, Democratic, American Israel Public Affairs Committee, Times, New, New York Democratic, The New York Times, Minneapolis City, Missouri Democrat, Pittsburgh Democrat, Squad, Justice Democrats, Democratic Party, Democratic Socialists of America, West Bank, Democratic Socialists, U.S, Westchester Jewish Council, New York Democratic Socialists of America, Jewish, Politico, United Democracy, AIPAC, Jewish Democrat, Republican, Home Depot, Wisconsin Democrat, Congressional Progressive Caucus Locations: Israel, Palestine, Gaza, New York, Minneapolis, Missouri, Louis County, Hebron, “, Manhattan, Ohio, Michigan, Wisconsin

The up-and-coming indie twang band Wednesday released a track called “Formula One” on their 2023 album. Glynn Wedgewood, COTA's senior vice president of music and entertainment, says the track first introduced live music performances with Elton John in 2015. “Artists in Residency can really help bridge that gap.”Tiësto, a lifelong F1 fan, released the album “Drive” in April, featuring an F1 racing helmet on the cover. The Vegas race is the most expensive event on this year’s calendar. The mastermind behind the “Barbie” soundtrack already knows there’s a big crossover between music fans and F1 fans.

Persons: George Harrison, Mario Andretti namecheck, Quest’s, ’, Red Bull, Sergio “ Checo ” Perez, will.i.am, J Balvin, John Legend, Keith Urban, Kylie Minogue, Glynn Wedgewood, COTA's, Elton John, Taylor Swift, COTA, Adam Lambert, ” Wedgewood, “ It's, ”, “ It’s, Stefano Domenicali, —, Lil Wayne, “ Let’s, J, he’s, “, Charles LeClerc, Lewis Hamilton, Christina Aguilera’s, Chloe, Aston Martin, Lance, “ I’ve, hasn’t, Mark Ronson, Barbie, Barbie ’ Organizations: ANGELES, One, Monaco, Las Vegas, U.S, Vegas, ESPN, One’s, Formula One, Prix, Marina, Circuit, “, Ferrari, Mobile Locations: ”, Americas, Austin , Texas, Miami, Wedgewood, Singapore, U.S, Florida, Vegas

The National Science Foundation declined to answer AP questions about why Bieneman was sent out into the field in a critical safety role while under investigation. The case raises further questions about decision-making in the U.S. Antarctic Program, which is already under scrutiny. Conway and the graduate students did not respond to AP requests for comment. In the complaint, Conway described Bieneman as initially being “domineering and critical” of the two female graduate students at the camp. He said the graduate students, fearing possible retaliation if they disclosed the story, felt they had to tiptoe around Bieneman.

Persons: Stephen Tyler Bieneman, Bieneman, ”, Birney Bervar, ” Marc Tunstall, icefield, Tyler, Howard Conway, Conway, ” Conway, Jennifer Farrar Organizations: The Associated Press, McMurdo, The National Science Foundation, U.S . Antarctic Program, AP, NSF, Prosecutors, Twin, University of Washington, Conway, Bieneman, Attorney's Locations: WELLINGTON, New Zealand, Antarctica, Honolulu, Allan, McMurdo, Bieneman, Hawaii, The U.S, New York

“I’m hoping I’m not promoting the movie by myself,” says Nia DaCosta, director of the upcoming Marvel movie “The Marvels" (Nov. 10). The fall has long been the preferred domain of filmmakers and auteurs, but this year that’s doubly so. But now that the strikes have rounded Labor Day, with no end in sight, Hollywood’s high season is imperiled. Everyone is hoping the strikes ends soon, but it’s clear that, not long after COVID-19 upended the industry, the usual rhythms of the fall movie season have again been blown to smithereens. I just want to see every movie coming out,” says Emerald Fennell, whose high-society satire “Saltburn” opens Nov. 24.

Persons: “ I’m, I’m, ”, Nia DaCosta, ‘ Where’s Brie Larson, ’, —, helming, Oscar shoo, “, ” DaCosta, Taylor Swift, jockeying, Emerald Fennell, Zendaya, Colman Domingo, George C, Wolfe’s “ Rustin ”, Paul Giamatti, Alexander Payne’s “, Payne, Dominic Sessa, Da'Vine Joy Randolph, Paul, Dominic, Da’Vine, Jake Coyle Organizations: Marvel, Venice Film, Toronto, Alliance, Television Producers, American Federation of Television, Radio Artists, Netflix, Twitter Locations: Venice

☆ Welcome to the Dollar War: a Global Fight Over America's Economic Dominance
▼ + stars: | 2023-07-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +17 min

The US even reminded everyone just how influential the buck is when it effectively froze Russia out of the global financial system with sanctions last year. Becoming the issuer of the global reserve currency is about trust. The US has controlled the global reserve currency for 102 years — giving it a special status in the world economy. Still, given that the country controlling the global reserve currency holds that status of an average of 94 years, history seems to indicate it's high time for a successor. Why shouldn't the financial world resemble something closer to the mosaic of cultures, politics, and nations that exists today?

Persons: Chenzi Xu, there's, Xu, —, Ron Temple, Gregory Brew, Eurasia's Brew, dollarizing, Stephen Jen, Jen, we've, Stanford's Xu, Luiz Inácio Lula da Silva, Josh Lipsky, " Lipsky, It's, Alexander Wise, Jan Loeys, Loeys, dollarization, Wise, Lazard's Temple, isn't, Phil Rosen Organizations: Stanford, Federal, European Central Bank, People's Bank of China, Lazard, Publishing, Getty Images, International Monetary Fund, Bank of International Settlements, Eurasia Group, Sandman's, Eurizon, IMF, Atlantic Council, JPMorgan Locations: Russia, Israel, France, China, America, Saudi Arabia, Brazil, India, Pakistan, Bolivia, Iraq, South Africa, Beijing

☆ Coinbase shares surged on Ripple’s partial court victory this week. Why the decision matters for the crypto exchange
▼ + stars: | 2023-07-14 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Thursday's judgment was only a partial win for Ripple, but significant nonetheless for both the company and the wider crypto market. Coinbase shares rallied more than 24% the day of the ruling on optimism that it might prevail in its own battle with the SEC. Regulators in June sued Coinbase, alleging it was operating as a broker, an exchange and a clearinghouse for unregistered securities – and named 13 such securities. "In our view, [the] decision in the Ripple case helps tip the scale even more toward a favorable outcome for Coinbase." Needham has a buy rating on Coinbase and on Friday raised its price target to $120 from $70.

Persons: Coinbase, it's, Canaccord, Joseph Vafi, Vafi, Needham, John Todaro, Genuity, Raymond James, Berenberg, Cowen, Ramsey El Organizations: Labs, SEC, Regulators, Wedbush Securities, Berenberg, BTC, Coinbase, Barclays Locations: Coinbase

☆ Putin is facing a new threat at home while Russia's military is making itself 'vulnerable globally,' experts say
▼ + stars: | 2023-06-27 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

It comes as Russia's military is tied down in Ukraine and less able to respond to crises elsewhere. Those questions come as a Ukrainian offensive bears down on Russia's military, which since late last year has been replenishing its forces in Ukraine with aging equipment and under-trained personnel. These efforts have bolstered Russian units in Ukraine but left the Russian military more vulnerable elsewhere and undermined its ability to respond to other crises, experts say. Russia's military has tried to show it still has muscles to flex, mostly with air and naval forces that are largely undamaged by the war. Russian troops board a military aircraft on their way to Kazakhstan in January 2022.

Persons: Wagner, it's, Putin, —, Yevgeny Prigozhin, Vladimir Putin's, Russia's, Dara Massicot, Maxym, I've, there's, Massicot, Gorshkov, Kassym, Tokayev, Mark Galeotti, Galeotti, It's, Prigozhin, SERGEI GUNEYEV, Angela, John Kirby, Kirby Organizations: Service, Wagner Group, Rand Corporation, Georgetown University, Getty, Russia's, Fleet, Northern Fleet, Iranian Army, Anadolu Agency, Moscow, Russian Defense Ministry Press, Kremlin, SPUTNIK, Center for, East European Studies, Brookings Institution, National Security Locations: Moscow, Ukraine, Ukrainian, Russian, Ukraine's Kharkiv, Siberia, Norway, Georgia, Central Asia, Russia, Syria, Kazakhstan, Russia's, Armenia, Tajikistan

☆ 'Firebrand' puts spotlight on Henry VIII's sixth and final wife
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +2 min

[1/5] The 76th Cannes Film Festival - Screening of the film "Firebrand" (Le jeu de la reine) in competition - Red Carpet Arrivals - Cannes, France, May 21, 2023. Cast member Jude Law poses. REUTERS/Sarah... Read moreCANNES, May 21 (Reuters) - For Brazilian director Karim Ainouz the prospect of making a film about King Henry VIII's court was particularly exciting, partly because it focuses on Catherine Parr, the wife who survived Henry. "Firebrand," which is competition for the Palme d'Or, stars Alicia Vikander as Catherine, Henry's sixth and last wife as she navigates Tudor court politics towards the end of his life. "The pain he was suffering was excruciating," said Jude Law, who plays the king.

☆ Stocks tiptoe higher as US inflation data offers hope
▼ + stars: | 2023-05-10 | by ( Lawrence White | ) www.reuters.com time to read: +4 min

MSCI's gauge of global equity performance (.MIWD00000PUS) rose 0.03% after the Labor Department's Consumer Price Index (CPI) rose 4.9% year-over-year in April, against expectations of 5%. "Bigger picture, I think the market is hyper fixated on the ‘pause’ but a pause is still restrictive overall," he said. The dollar index hit a session low of 101.36 after the headline April inflation data, while benchmark 10-year German bond yields edged down 4 basis points. Emerging markets currencies rallied on Wednesday following the U.S. data, with MSCI's index (.MIEM00000CUS) up 0.26%. Spot gold turned positive after the CPI data, last trading up 0.3%.

☆ The Boston Bruins Are Chasing Hockey’s Greatest Season Ever. Is That Bad?
▼ + stars: | 2023-04-18 | by ( Jason Gay | ) www.wsj.com time to read: 1 min

If the Boston sports fan possesses a superpower, it is the ability to find the anxiety lurking inside any joy. The Patriots are the greatest football team of this century, but David Tyree ’s perfect-season spoiling “helmet catch” in Super Bowl XLII means he and a smirking Eli Manning will forever tiptoe in big blue pajamas around the nightmares of New Englanders.

☆ Only the big will crack the $1 trln LBO code
▼ + stars: | 2023-04-12 | by ( Jonathan Guilford | ) www.reuters.com time to read: +9 min

Lenders will only tiptoe back, meaning deals need the big checks and extra elbow grease in credit markets that favor the largest private equity firms. Private equity firms depend on borrowed money to reduce how much of their own they use in any single deal and to magnify returns as a percentage of their initial investment. Imagine a private equity firm acquires a company for $1 billion, then flips it five years later for $1.5 billion. Though the private equity industry is awash in so-called dry powder, fundraising is increasingly tilting to the largest fund managers. Buyout firms are apt to keep their plans more conservative to garner higher ratings – meaning, again, less leverage and more upfront cash.

☆ Investors tiptoe back into US bank stocks, regulators probe SVB collapse
▼ + stars: | 2023-03-14 | by ( Chris Prentice | ) www.reuters.com time to read: +6 min

March 14 (Reuters) - Bruised U.S. bank stocks regained some ground on Tuesday, as a sell-off sparked by Silicon Valley Bank's collapse gave way to bargain-hunting by investors hopeful that efforts to shore up confidence would avert a wider financial crisis. The S&P 500 regional banks index (.SPLRCBNKS) rebounded 1.4%, leaving it with a 26% loss over the past five sessions. Investors worry about the health of smaller banks, the prospect of tighter regulation and authorities' preference for protecting depositors before shareholders. Reuters Graphics Reuters GraphicsINVESTIGATIONSAs markets adjusted to the impact of SVB's collapse, regulars turned their focus to the circumstances around the bank's collapse. Officials are also examining stock sales by officers of SVB Financial Group, which owned the bank, the WSJ reported, citing people familiar with the matter.

☆ Interest rates are high. Here’s a relatively safe way to squeeze more from your cash
▼ + stars: | 2023-01-25 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Be aware that money market accounts offered by a bank are subject to protection from the Federal Deposit Insurance Corp. This isn't the case with money market funds, which can't guarantee that you won't lose money. When shopping for a money market fund, look for offerings that hold high quality underlying investments, and be sure to keep an eye out for fees. Money market funds that Lawrence likes include the Federated Hermes Prime Cash Obligations Fund (PCOXX) and the Fidelity Tax-Exempt Money Market Fund Premium Class (FZEXX). Unless they're tax exempt, money market fund income is subject to federal, state and local taxes.

☆ These Parents Use Baby Monitors to Track Older Children—Even Teens
▼ + stars: | 2022-12-17 | by ( Julie Jargon | ) www.wsj.com time to read: 1 min

The desire to check on your baby at night is natural, and baby monitors allow parents to do so without having to tiptoe into the nursery and risk waking their infant. But what about watching an 8-year-old sleep? Or listening in on a teenager? While many parents say that’s a violation of the child’s privacy, there is another camp of those who admit that they still monitor their kids’ bedrooms way beyond infancy and toddlerhood.

☆ Analysis: Turbulence still haunts LME nickel, months on from trade debacle
▼ + stars: | 2022-12-12 | by ( Pratima Desai | ) www.reuters.com time to read: +5 min

Months after turbulence highlighted shortcomings in LME oversight, the nickel contract remains broken. Declining liquidity, together with low stocks, has led to high LME nickel prices this year, pushing up costs for industrial users already grappling with surging inflation. LIQUIDITY SLUMPSMany investors, traders, consumers and producers have abandoned LME nickel in the aftermath of the chaos in March. LME nickel typically trades at a discount to the Shanghai Futures Exchange (ShFE) contract because China is a net importer of nickel and the ShFE nickel price takes into account logistical costs and local taxes. "There's a major disconnect between LME nickel (futures) and the physical market," a nickel trader said.

☆ World Cup advertisers are operating in a minefield
▼ + stars: | 2022-11-22 | by ( Julia Horowitz | ) edition.cnn.com time to read: +5 min

London CNN Business —Billions of people watch FIFA’s World Cup every four years, a tantalizing opportunity for advertisers who want to capitalize on the feel-good fervor of the world’s biggest sporting event. In 2018, the World Cup drew in a record 3.6 billion viewers. Given such high levels of engagement, companies are eager to capitalize on the hype and spirit of camaraderie attached to the World Cup. “A Euros or a World Cup for four weeks in the middle of the summer — it’s literally like an island in the middle of the ocean,” ITV sales director Mark Trindler said on an industry podcast this past spring. It had already beaten revenue records for the tournament, and succeeded in bringing more than 20 new advertisers on board.

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