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☆ How Britain’s Labour Party Became Electable Again
▼ + stars: | 2024-06-21 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

Two weeks before an election that is expected to catapult him into 10 Downing Street, the leader of Britain’s Labour Party, Keir Starmer, is tiptoeing on the campaign trail, the latest practitioner of the “Ming vase strategy.”The phrase, which refers to a politician gingerly avoiding slips to protect a lead in the polls, is credited to Roy Jenkins, a more freewheeling British politician, who likened a previous Labour candidate, Tony Blair, on the eve of his 1997 landslide, to a man “carrying a priceless Ming vase across a highly polished floor.”In truth, Mr. Starmer has been carrying the vase for a lot longer than this six-week campaign. He has nursed his party’s double-digit polling lead for more than 18 months, methodically repositioning Labour as a credible center-left alternative to the divided, erratic, sometimes extremist Conservatives. It’s the culmination of an extraordinary four-year project, in which Mr. Starmer, 61, purged his left-wing predecessor, Jeremy Corbyn, and his loyalists; went after the anti-Semitism that had contaminated the party’s ranks; and pulled its economic and national security policies closer to the center.

Persons: Keir Starmer, Roy Jenkins, Tony Blair, Starmer, Jeremy Corbyn Organizations: Downing, Britain’s Labour Party, Labour Locations: British

☆ Endangered Republicans gamble backing Trump after guilty verdict as vulnerable Democrats remain cautious
▼ + stars: | 2024-06-09 | by ( Manu Raju | Annie Grayer | ) edition.cnn.com time to read: +10 min

CNN —Former President Donald Trump lost Rep. Mike Garcia’s district by more than 12 points four years ago. I’m the Republican,” said Rep. Lori Chavez-DeRemer, whose Oregon district Biden won by eight points in 2020, confirming she’s sticking with Trump after his conviction. Rep. Mike Lawler, whose New York district Biden carried by 10 points, sharply criticized the prosecution against Trump. Republicans in this camp believe there is no limit to how hard they can lean in to talking about Trump’s conviction and see the Trump verdict as a golden ticket. GOP Rep. Ralph Norman, a Republican hardliner from South Carolina, said Republicans would “absolutely” retaliate against Trump’s political enemies after November, including prosecutors.

Persons: Donald Trump’s, Manu Raju ”, Donald Trump, Mike Garcia’s, ” Garcia, Joe Biden, There’s, Biden, ”, John Duarte, Trump, “, Richard Hudson, ” Hudson, Suzan, ” George Whitesides, Garcia, Mike Garcia, ” Whitesides, “ Joe Biden who’s, “ who’s, I’m, Lori Chavez, DeRemer, Mike Lawler, ” Lawler, Celal, Bernie Moreno, Tim Sheehy, Sherrod Brown, Jon Tester, Sheehy, Tester, ” Tester, ” Brown, I’ve, Brown, Sen, Bob Casey, Stephanie Bice, Anna Moneymaker, Nick LaLota, Attorney Alvin Bragg, ” LaLota, Republican Sen, Thom Tillis, Mitch McConnell, ” Tillis, Mike Johnson, Jim Jordan, Johnson, – Jordan, Chip Roy, ” Roy, Marjorie Taylor Greene, ” Greene, Ralph Norman, ” Norman, Tesfaldet, Morgan Rimmer Organizations: CNN, California Republican, Trump, “, Republicans, Democrats, Biden, GOP, North Carolina Republican, ”, Democratic, of, Republican, Washington DC, Getty, New York, Manhattan, Attorney, Department of Justice, DOJ, Republican Party Locations: California, York, Washington, of California, Oregon, New York, Anadolu, Ohio, Montana, Pennsylvania, Washington , DC, New, Hill, South Carolina

☆ Opinion | Mexico’s Women Are Speaking. Will a Female President Listen?
▼ + stars: | 2024-06-01 | by ( Cristina Rivera Garza | ) www.nytimes.com time to read: +2 min

The Mexican government did not grant women the right to vote in national elections — or the right to hold public office on a national level — until Oct. 17, 1953. Now, almost 71 years later, for the first time two women are leading the race to be Mexico’s next president: Claudia Sheinbaum, who is the front-runner, and Xóchitl Gálvez. But they have been cautious about lingering too long on women’s issues in their campaigns, conspicuously tiptoeing around abortion and reproductive rights, seemingly out of deference to conservative voters. Neither candidate has put forth a strong agenda to serve the women who put them where they are today. To be fair, male candidates have not historically been required to present their agenda for women either.

Persons: Claudia Sheinbaum, Xóchitl, machismo, Sheinbaum, Gálvez, Felipe Calderón, Andrés Manuel López Obrador Locations: Mexico, U.S

☆ My mom hated my nickname. It took me going by it when I went to college for her to accept it.
▼ + stars: | 2024-06-01 | by ( Jacqueline Lekachman | ) www.businessinsider.com time to read: +4 min

Read previewOn her porch in Pittsburgh, my hometown friend Annabel asked, "Remember when your mom yelled at my mom for calling you Jackie?" My mom didn't like my nicknameFor a decade, my mom and I fought over my nickname. I went by Jackie only in certain settings away from my momTo avoid fighting, I only went by Jackie in certain settings. Seven hours away from my mom and my past, I used my nickname with friends, professors, and supervisors. My mom's openness to Jackie helps me appreciate the elegance of Jacqueline and the fact that my mom chose it for me.

Persons: —, Annabel, Jackie, untraditional, Jacqueline, we'd, — I've Organizations: Service, Business Locations: Pittsburgh

☆ Donald Trump's allies are doing his dirty work while tiptoeing around his gag order
▼ + stars: | 2024-05-16 | by ( Geoff Weiss | Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

But while the former president has been uncharacteristically restrained recently, a cast of Republican lawmakers and Trump surrogates have traveled to court to rail about the proceedings. It's raised questions about whether the "surrogates" could be violating Trump's gag order. Sen. Tommy Tuberville of Alabama, who has been floated as a potential VP pick, told Newsmax one reason he attended was to "overcome this gag order." Under the gag order, Trump is not allowed to comment about Cohen. But Neama Rahmani, a former federal prosecutor, told BI that "practically speaking," Judge Merchan can do little to stop lawmakers from speaking on Trump's behalf.

Persons: —, Donald Trump, Michael Cohen, It's, Mike Johnson, JD Vance, Ohio, Rick Scott of, Vivek Ramaswamy, Vance, Doug Burgum, Matt Gaetz, Michael M, Trump, Juan Merchan's, Andrew Rice, he'd, Sen, Tommy Tuberville, Lauren Boebert, Cohen, Boebert, Donald J, Andrew Lieb, Lieb, ANGELA WEISS, Laurie Levenson, Neama, Merchan, Rahmani, Jeff Modisett Organizations: Service, Republican, Trump, Business, Sens, Gov, Republicans, MSNBC, Caucus, Loyola Law, Former Indiana Locations: Rick Scott of Florida, Florida, Alabama, Colorado, Manhattan

☆ After getting hired, I started dating a man from the interview panel. It put targets on our backs and made promotions difficult.
▼ + stars: | 2024-04-27 | by ( Amanda Garland | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewI smoothed down the pink fabric of my blazer as I slid into the office chair for my job interview. The serious-looking man with dark hair slicked back led the questioning while the blonde-haired one made witty cracks. We started datingWe kept our budding romance secret for the first few weeks but were outed at the company Christmas party. My old boss and new boss didn't get along, which meant Jason was fussed at when he was caught at my desk.

Persons: —, khakis, I'd, Jason, Amanda Garland, didn't Organizations: Service, Business

☆ Investors are 'tiptoeing' back into the Chinese market, but more needs to be done: China Renaissance
▼ + stars: | 2024-02-09 | 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 EmailInvestors are 'tiptoeing' back into the Chinese market, but more needs to be done: China RenaissanceAndy Maynard, a managing director and head of equities at China Renaissance, says, however, that there needs to be "a lot more policy support" and "a lot more stimulus" for investors to return to China.

Persons: Andy Maynard Organizations: China Locations: China

☆ Confessions of a startup founder's wife
▼ + stars: | 2023-11-15 | by ( Melia Russell | ) www.businessinsider.com time to read: +20 min

I wished I had told Kyle that I would understand if he wanted to quit. That's as apt a description of Kyle's startup as it is of our relationship. I'm not sure Kyle has found as many perks to being a startup founder married to a startup reporter. Now Kyle's startup has pivoted a third time. The truth is, I don't know if Kyle's startup will make it.

Persons: Kyle, Kyle shrugged, pang, I'd, hadn't, Scott Belsky, It's, messier, I've, he'd, Jillian, Chris Dixon, Andreessen Horowitz, Jeff Bezos, MacKenzie Scott, Schulze, TikTok, Josh Cochran, Marc Andreessen, I'm, He'd, Eric Paley, Steve Jobs, —, Playbyte, he's, Rohan Seth, Paul Davison, Steve Huffman, hasn't, Instagram, it's, Zelda, That's, cradling, Melia Russell Organizations: Apple Watch, Steam, Francisco's Mission, University of California, TechCrunch, White House, YouTube, Labor Locations: Champagne, Francisco's, Berkeley, San Francisco, New York, America, Playbyte, Kyle, Boston, Bay, sobs

☆ Harvard could face funding consequences if it fails to tackle antisemitism, says Bill Ackman in letter
▼ + stars: | 2023-11-06 | by ( Manav Tanneeru | Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Ackman, who met with a group of more than 200 Harvard students and faculty last week, said the university’s administration is not doing enough to protect them. “Harvard student disciplinary actions should not be outsourced to the police department,” he wrote. When contacted, Harvard directed CNN to earlier statements from Gay and Harvard’s Executive Vice President Meredith Weenick about community conduct. Ackman and others suggested there should be employment consequences for students who had signed the letter. In his letter, Ackman acknowledged the success of that message and suggested that Harvard administrators warn students of the potential consequences.

Persons: Bill Ackman, ”, Ackman, Claudine Gay, Harvard Business School Dean Srikant Datar, ” Datar, “, Harvard’s Slack, Meredith Weenick, Gay, ” Gay, Leslie Wexner, Abigail, Lawrence Summers, Clinton, ” Summers Organizations: New, New York CNN, Billionaire, Harvard University, Harvard, Israel, Harvard Business School, Harvard University Police Department, FBI, “ Harvard, CNN, Gay, Harvard Hillel, Palestinian, Elite, Wexner Foundation, Pershing Square Capital Management, Civil, Defamation Locations: New York, Israel, Gaza, Palestine, Harvard’s

☆ Trump’s Sons Cast the Blame for Fraud on Their Company’s Accountants
▼ + stars: | 2023-11-02 | by ( ) www.nytimes.com time to read: +1 min

Donald Trump Jr. was mostly calm but often evasive as he blamed outside accountants for any errors in company financial statements during nearly two hours on the stand. His younger brother, Eric, who now runs the Trump Organization, was more precise in his answers but more combative in his tone. He acknowledged his central role within the company but denied direct involvement with the documents. At one point, Eric Trump erupted in anger at questioning from a lawyer with the New York attorney general’s office about whether he was aware of the financial statements in question. He replied that it should be assumed that a business of that size would have had financial statements.

Persons: Eric, Donald J, Trump, Donald Trump Jr, Eric Trump Organizations: Trump Jr, Court, Trump Organization, New Locations: Manhattan, New York

☆ The shaky stock market is making Americans feel uneasy
▼ + stars: | 2023-10-27 | by ( Bryan Mena | ) edition.cnn.com time to read: +2 min

Washington, DC CNN —Americans’ moods soured this month, largely due to a wobbly stock market. The survey also showed that Americans became more pessimistic about the economy’s outlook for the year ahead. The tech-heavy Nasdaq tilted into correction territory Thursday as shares of some Big Tech companies slipped. Meanwhile, Americans’ inflation expectations for the year ahead worsened in October, jumping to 4.2% from 3.2% in September, the highest reading since May. The Federal Reserve pays close attention to inflation expectations, particularly longer-term expectations.

Persons: Joanne Hsu Organizations: DC CNN, University of Michigan’s, Consumers, Investors, Federal Reserve, Treasury, Meta, Microsoft, Google, Big Tech, Apple, Nvidia, Fed Locations: Washington

☆ From Russia to the Middle East: Why China can’t afford another big conflict
▼ + stars: | 2023-10-19 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Now, as Israel’s war against Palestinian militant group Hamas threatens to spiral into a broader conflict that could shatter stability in the Middle East, China has called for a ceasefire while criticizing Israel’s actions. It also highlights China’s deep economic interests in both Russia and the Middle East, which it wants to safeguard at all cost. The world’s second largest economy depends on Russia and the Middle East for much of its energy needs. The Middle East is also a cornerstone in the Belt and Road Initiative. “Regional conflagration means long instability and long instability means no business for China in the Middle East,” he added.

Persons: ”, Eswar Prasad, refiners, Vladimir Putin, Xi, Sergei Guneyev, Russia’s, Putin, Russia —, Wang Yi, Jean, Loup Samaan, Joe Biden, QatarEnergy, Ahmed Aboudouh, Antony Blinken, Blinken, “ Organizations: Hong Kong CNN —, Moscow, Palestinian, Cornell University, Getty, Initiative, Shanghai’s Fudan University, United, China’s, Middle East Institute of, National University of Singapore, Wednesday, Jihad, Energy, China Petroleum & Chemical Co, Sinopec, Fudan University, Chatham House, US Department of State Locations: China, Hong Kong, Hong Kong CNN — Beijing, Ukraine, East, Palestine, Israel, United States, Russia, Beijing, Moscow, Saudi Arabia, Russian, AFP, Pakistan, Iran, Hamas, Tehran, Gaza, Qatar, China’s, Qatari, London, “, Persian, ”

☆ Harvard and UPenn donors are furious. It may have a financial domino effect
▼ + stars: | 2023-10-19 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Donors often give for specific purposes — facilities, faculty research, technology on campus, athletics, scholarships and financial aid for low-income students. The Wexner Foundation said it’s breaking off ties with Harvard University, alleging the school has been “tiptoeing” over Hamas’ attacks. Lawrence Summers, the former president of Harvard and US Treasury Secretary, has criticized the “morally unconscionable” student statement and Harvard leaders’ response. But he said that financial threats from donors were not the right solution to influencing universities’ positions on these issues. Organizers of the Palestine Writes festival denied that it embraced antisemitism, according to UPenn student newspaper The Daily Pennsylvanian.

Persons: ”, Lee Gardner, Adam Glanzman, Sara Harberson, ” Gardner, “, Indiana University’s, ” Harvard, Harvard “, Leslie Wexner, Abigail, Charles Mostoller, Claudine Gay, Boycott, Lawrence Summers, ” Summers, Jon Huntsman, Marc Rowan, Billionare Ronald Lauder, Susan Abulhawa, ” UPenn, Liz Magill, ” Magill Organizations: New, New York CNN, Harvard University, University of Pennsylvania, Ivy League, Harvard, Higher Education, Philanthropy, Bloomberg, Getty, “ Ivy League, Indiana, Indiana University’s Lilly Family School, “, ”, “ Revenue, Wexner Foundation, Palestinian, College Hall, Israel, Israel Fellows, Wexner, US, CNN, Wall, Daily, University Locations: New York, Israel, UPenn, United States, Philadelphia , Pennsylvania, U.S, “, Palestine, Palestinian

☆ Debate over the Israel-Gaza war has raised tensions – and the stakes – on college campuses
▼ + stars: | 2023-10-19 | by ( Eric Levenson | ) edition.cnn.com time to read: +32 min

Ronen Zvulun/Reuters A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on Wednesday, October 18. Alexi J. Rosenfeld/Getty Images Israeli security inspects debris from a rocket in Kiryat Shmona, Israel, on October 18. Dor Kedmi/AP Fire and smoke rise above buildings in Gaza City during an Israeli air strike on October 13. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9. Ramez Mahmoud/AP A plume of smoke rises in the sky over Gaza City during an Israeli airstrike on October 9.

Persons: ”, Michelle Deutchman, Spencer Platt, Jon Fansmith, “, ” Fansmith, you’ll, Eboo Patel, they’re, ” Patel, Bill Ackman, Larry Summers, ” Summers, Claudine Gay, —, Gay, ” “, Khan, Yasser Qudih, Ofir Libstein, Aza, Ronen Zvulun, Belal Khaled, Abed Rahim Khatib, Leon Neal, Hod, Alexi J . Rosenfeld, Ayal Margolin, Antony Blinken, Joe Biden, Benjamin Netanyahu, Brendan Smialowski, Ali Jadallah, Biden, Netanyahu, Kenny Holston, Abed Khaled, Ariel Schalit, Mohammed Abed, Kfar Aza, Ilia Yefimovich, Mustafa Hassona, Mahmoud Khaled, Samar Abu, Fatima Shbair, Dor Reder, Violeta Santos Moura, Shir Torem, Wahaj Bani Moufleh, Antonio Macías, Macías, Francisco Seco, Mohammed Saber, Eli Albag, Liri, Mohammed Talatene, Sergey Ponomarev, Hatem Ali, Dor Kedmi, Mahmud Hams, Saher, Hatem Moussa, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Yousef Masoud, Ibrahim Hams, Bashar Taleb, Baz Ratner, Jack Guez, Yahya Hassouna, Mapal Adam, Abed Zagout, Tamir Kalifa, Agha, Ibraheem Abu Mustafa, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, Mohammed Salem, CNN Sergey Ponomarev, Eden Guez, Atef Safadi, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Amir Cohen, Ilai Bar Sade, Erik Marmor, Oren Ziv, Majdi, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Idan Ofer, Batia, Les Wexner, Abigail, Israel, Liz Magill, ” Magill, Marc Rowan, Ronald Lauder, David Magerman, Jon Huntsman, ” Huntsman, Magill, Israel “, Winston, Strawn, “ Winston, Ryna Workman, ” Workman, Russell Rickford’s, ” Rickford, Abeer AbouYabis, Adolf Hitler Organizations: CNN — College, CNN, University of California National Center for Free, ” Columbia University, Getty Images Columbia, Getty, American Council, Education, Interfaith America, “, Harvard, Ivy League, University of Pennsylvania, Harvard Palestine Solidarity Groups, Harvard University, Reuters, Regional, Al, Aqsa Martyrs Hospital, Israel's, Ahli Baptist Hospital, Israel Defense Forces, Israeli, Ben Gurion International, New York Times, Shifa, Palestinian, AP, West Bank, Aris Messinis, Haim, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, Rockets, United Nations, Reuters Police, Reuters Rockets, Harvard Crimson, Penn, Apollo Global Management, Venture, UPenn, Faculty, New York University, NYU Student Bar Association, NYU, Winston, Stanford University, Cornell, ” Cornell University, Cornell Daily Sun, Emory University, Emory Winship Cancer Institute Locations: United States, Israel, Gaza, New York City, Khan Younis, Yehuda, Aqsa, Gaza City, Rafah, Tel Aviv, Hod HaSharon, Kiryat Shmona, AFP, Al, Ahli, Anadolu, Sderot, Gan, Kfar, North Sinai, Egypt, Samar, Samar Abu Elouf, Beit Kama, Haifa, Cyprus, Nablus, West, Lebanon, Kfar Saba, Israeli, Be'eri, Rehovot, Mount Herzl, Jerusalem, Kibbutz Be'eri, Modiin Maccabim, Kfar Aza, Ashkelon, Mount Herzel, Yassin, Palestinian, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, Harvard’s, UPenn, Palestine

☆ Opinion: Why student protests against Israel are so painful, polarizing and complicated
▼ + stars: | 2023-10-18 | by ( Opinion Nicole Hemmer | ) edition.cnn.com time to read: +9 min

Student radicals have been targets of condemnation since at least the early 1960s, when they experimented with new forms of protest against anti-Black racism, the Vietnam War, poverty and censorship. “I think they oughta shoot ‘em if they’re carrying the Vietcong flag,” actor John Wayne said of the protests. In the 1960s, student radicals occasionally waved the Viet Cong flag to show solidarity with the people of Vietnam. But students did have the power to disrupt, to grab camera time and to create the iconic imagery of an era. You may hate these student activists’ words and actions, but they’re not the ones with the power here.

Persons: Nicole Hemmer, Carolyn T, Robert M, “, Who, Stanford ”, ” Nicole Hemmer, Bill Ackman, —, Victoria’s, Leslie Wexner, Abigail, Jon Huntsman, Huntsman, John Wayne, it’s, Mao Zedong, Richard Nixon, Ronald Reagan, Israel, Christopher Rufo, they’re Organizations: Rogers Center, Vanderbilt University, “ Partisans, Conservative, CNN, “, Harvard, Hamas, University of Pennsylvania, Huntsman Foundation, Utah Gov, Penn, Democratic Party, Capitol, United, Getty, Viet, Universities, Police, National Students for Justice, Israel, Democratic Socialists of America Locations: Israel, Gaza, Vietnam, Iraq, Washington, United States, AFP, firefights, Viet, Viet Cong, California, Palestine

☆ ‘Stunned and sickened.’ Wexner Foundation cuts ties with Harvard over ‘tiptoeing’ on Hamas
▼ + stars: | 2023-10-16 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —A nonprofit founded by former Victoria’s Secret billionaire Leslie Wexner and his wife Abigail is breaking off ties with Harvard University, alleging the school has been “tiptoeing” over Hamas’ terror attacks against Israel. Citing the “absence of this clear moral standard,” the Wexner Foundation said it has determined the Harvard Kennedy School is no longer a “compatible” partner for its organization. In a statement to CNN, Harvard reiterated comments by university leadership condemning both the attacks against Israel and terrorism. “We are grateful to the Wexner Foundation for its very longstanding support of student scholarships,” a Harvard spokesperson said in the statement. They feel abandoned,” the Wexner Foundation said.

Persons: Leslie Wexner, Abigail, ”, “, Larry Summers, ’, ” Summers, Obama, Clinton, Idan Ofer, Batia, Claudine Gay, ” Gay, Gay, Harvard “, Les Wexner, Wexner, Jeffrey Epstein Organizations: New, New York CNN, Harvard University, Harvard, Forbes, Wexner, Harvard Kennedy School, CNN, Wexner Foundation, University, “, North American Jewish, Kennedy School of Government, Israel Fellows, Body, Limited Brands Locations: New York, Israel, Bath

☆ Billionaire founder of Victoria's Secret pulls funding from Harvard, accusing the school of 'dismal failure' to take a stand for Israel
▼ + stars: | 2023-10-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

The Wexner Foundation accused Harvard of a "dismal failure" to condemn the Hamas attacks last week. AdvertisementAdvertisement"In the absence of this clear moral stand, we have determined that the Harvard Kennedy School and The Wexner Foundation are no longer compatible partners. The foundation supports a fellowship for government and public service professionals from Israel who pursue a one-year degree from the Harvard Kennedy School. The Kennedy School did not immediately respond to Insider's request for comment on this story. He launched The Wexner Foundation in 1983 with the goal of "strengthening leadership for the Jewish people," according to the foundation's website.

Persons: Les Wexner, —, Leslie, Abigail Wexner, Rabbi B, Abrahamson, Ra'anan, Jeffrey Epstein, Wexner, Epstein Organizations: Harvard, Wexner Foundation, Israel, Service, Ivy League, Wexner, Harvard Kennedy School, Kennedy School of, Israel Fellows, The Kennedy, Body Locations: Israel, Harvard

☆ Wall St bonuses may drop 16% as higher rates threaten businesses - NY Comptroller
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsOct 12 (Reuters) - Wall Street bonuses could fall 16% this year as interest rates possibly staying higher for longer threatens the performance of financial companies, according to New York State Comptroller Thomas DiNapoli. The drop, however, would be less sharp than last year's 26% decline that shrank bonuses to $176,700 on average. While higher-for-longer rates could impede business activity, some experts have predicted the central bank would manage to guide the economy to a soft landing. Reporting by Niket Nishant in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlo Allegri, Thomas DiNapoli, DiNapoli, Goldman Sachs, Morgan Stanley, Niket, Vinay Dwivedi Organizations: New York Stock, REUTERS, New York, Federal, Securities, Thomson Locations: Manhattan, New York City , New York, U.S, New York City, Bengaluru

☆ Unretirement: The lure to return to work
▼ + stars: | 2023-09-27 | by ( Chris Taylor | ) www.reuters.com time to read: +4 min

REUTERS/Mike Segar/File Photo Acquire Licensing RightsNEW YORK, Sept 27 (Reuters) - When Marc Matsil retired to Connecticut's bucolic northwest hills two years ago, fly fishing and hiking filled his days. "Things have opened back up – and some people have realized that not only do they like the financial benefits of working, but the mental stimulation and social benefits as well." If you are nearing retirement, or retired and thinking about working again, here are some important things to consider. FIGURE OUT A SOCIAL SECURITY STRATEGYSome people take Social Security benefits as soon as possible to stay afloat. But if working longer enables you to delay those checks, the financial benefits are significant.

Persons: General Grant, Mike Segar, Marc Matsil, Rowe Price, Judith Ward, Ward, It's, Matsil, Walt Whitman, T.S, Eliot, Octavio Paz, Chris Taylor, Lauren Young, Richard Chang Organizations: General, Memorial, REUTERS, Natural Resources Group, New York City's Department of Parks and, Social, Thomson Locations: Manhattan, New York City, U.S

☆ Members of Congress are so tired of government shutdowns that some want to pass a bill to get rid of them forever
▼ + stars: | 2023-09-22 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Congress has yet to reach an agreement on avoiding a government shutdown by September 30. Politico reported that legislators in the House and Senate are passing around a letter calling for a vote on legislation to get rid of shutdowns. Under that law, a two-week extension of funding would automatically kick in should Congress not pass appropriations bills in time. Congress would also not be allowed to recess or adjourn for over 23 hours during that shutdown period. "There's Democrats talking to Democrats, Republicans talking to Republicans about the bill.

Persons: James Lankford, Maggie Hassan, SCOTUS, Lankford, Chuck Schumer, Kevin McCarthy, McConnell, It's, Schumer Organizations: Service, Politico, Act, Republican, Democratic, Republicans, Independents, CNN, Management Locations: Wall, Silicon, shutdowns, —

☆ Breakingviews: Rupert Murdoch will redefine chair emeritus
▼ + stars: | 2023-09-21 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

NEW YORK, Sept 21 (Reuters Breakingviews) - Rupert Murdoch is tiptoeing slowly out the door. The decision at least solidifies succession plans, but there can be little doubt that his chairman emeritus title will be more than just a retirement honorific. He has been sharing the chairman’s job with his son, Lachlan, who will take the seat himself and keep his chief executive position at Fox. Follow @jennifersaba on XCONTEXT NEWSRupert Murdoch is stepping down as co-chair of media companies Fox and News Corp and his son, Lachlan, will become sole chair, the companies said on Sept. 21. Rupert will be chair emeritus of both Fox and News Corp.

Persons: Rupert Murdoch, tiptoeing, Murdoch, Lachlan, James, Walt Disney, Robert Thomson, ”, Rupert, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav Organizations: Reuters, Fox, News Corp, Fox News, Wall Street, Walt, Disney, Communications, . News Corp, Thomson

☆ Opinion: How Covid-19 is resurfacing after months of calm
▼ + stars: | 2023-09-05 | by ( Kent Sepkowitz | ) edition.cnn.com time to read: +6 min

Kent Sepkowitz CNNThere are several plausible reasons why this latest bump is occurring now after months and months of calm. To sort it out, I decided to perform an at-home rapid antigen test. One negative test on the first day of symptoms, especially with the rapid antigen test, is not determinative. The virus that causes Covid-19 infection is a simple scrap of RNA that cannot survive without a living cell to support it. This won’t be the last alarm, real or false, for me (and others) in the months ahead.

Persons: Kent Sepkowitz, Covid, —, overconfidence Organizations: Memorial Sloan Kettering Cancer Center, CNN, Kent Sepkowitz CNN, US, Twitter Locations: New York, United States, XBB

☆ Remote workers are falling behind in one major way: They're forgetting how to hang out with people
▼ + stars: | 2023-08-20 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

But, unlike the Great Recession, there's been no rebound in chatting with each other even as more workers return to the office. All of a sudden, life and work could happen on their own terms, and where they wanted it. And some people may not want to socialize, or can't lead a social life the way they had before COVID, whether due to illness or other factors, such as increased susceptibility to disease. While quiet time and working from home might be a boon for work life, there's still the challenge of fitting socializing around it. "Now, on a Thursday I'm more likely to see people like a couple coming in and they're splitting their entrée."

Persons: hasn't, We're, Griffin Leeds, There's, I've, there's, haven't, Yvette Sheline, Emily Hessney Lynch, Lynch, It's, —, Sheline, it's, I'm Organizations: Service, Bureau of Labor Statistics, Center, Neuromodulation, University of Pennsylvania, Survey, Leeds Locations: Wall, Silicon, Brooklyn

☆ Soft landing hopes are drawing money back into this risky asset that’s paying 8% yield. How to navigate
▼ + stars: | 2023-08-10 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

High yield mutual funds and exchange traded funds saw inflows of $1.9 billion in July, Barclays said, citing Lipper data. High yield bonds are corporate issues that are rated below BBB, meaning they have a higher risk of default compared to their investment-grade counterparts. "When we are in junk and high yield names, we prefer loans – more senior loan positions rather than high yield." Novak added outside of high yield loans, the firm's other big fixed income play is higher quality investment grade bonds. "We don't think taking a heroic position [in high yield] makes a whole lot of sense in our view," he said.

Persons: Dow Jones, Bill Zox, it's, Zox, Bryan Novak, Novak, Brandywine's Zox, nonbank financials, Bill Ahmuty, Lawrence Gillum, Michael Bloom Organizations: Barclays, Fitch, Management, Brandywine Global, SEC, Astor Investment Management, Corporate, State, LPL

☆ Goldman Sachs' investing playbook through year-end: 3 leaders share their advice, including how to cash in on a potential double-digit rally in stocks
▼ + stars: | 2023-07-26 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

This analogy was the segue into Goldman Sachs' 2023 mid-year investment outlook. "Do not change lanes unnecessarily," said Sharmin Mossavar-Rahmani, head of the investment strategy group and chief investment officer of wealth management at the firm. Historically, when stocks draw down 20% or more, returns are favorable in the following 12 and 24 months, she added. "What is really fascinating when you've had this kind of narrow breadth, the market actually continues to rally," Mossavar-Rahmani said. On the one hand, private sector balance sheets remain healthy, prices in the global housing market remain stable due to an undersupply, and there has been a gradual recovery in the services sector.

Persons: Goldman Sachs, Robert Tibshirani, Sharmin, Jan Hatzius, you've, Rahmani, Hatzius, it's, Julian Salisbury, Salisbury Organizations: Drivers Locations: China, Salisbury, Banks

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