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☆ Taylor Swift fans think 'ThanK you aIMee' on her new album is a thinly veiled Kim Kardashian diss track
▼ + stars: | 2024-04-19 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

Fans think "ThanK you aIMee" on "The Tortured Poets Department" is a Kim Kardashian diss track. AdvertisementTaylor Swift's fans originally thought her latest album would mostly be about her ex-boyfriends, but the deluxe edition of "The Tortured Poets Department" appears to feature a thinly veiled diss track about Kim Kardashian. In "ThanK you aIMee," Swift never mentions Kardashian by name, but it's easy to see why fans are speculating. This appears to be the first time Swift has written about KardashianKim Kardashian and Taylor Swift have clashed over "Famous." I DID NOT HAVE TAYLOR SWIFT GAGGING KIM KARDASHIAN ON MY 2024 BINGO CARD OMFG?????

Persons: aIMee, Kim Kardashian, KIM, Swift, Kardashian, —, Taylor Swift's, kim kardashian, taylor, Taylor Swift, Mama Swift, Kim, XLcK1IyW22 — Rebecca Lewis, Qeq8dvh4ZK, Ron, Ye, Kanye, Larry Busacca, Kardashian Kim Kardashian, Christopher Polk, Kardashian didn't, Aimee, TAYLOR SWIFT GAGGING KIM KARDASHIAN Organizations: Department, Service, Getty, Entertainment, Variety, Twitter Locations: North West

☆ Your movie theater may be shortchanging your drinks, a lawsuit alleges
▼ + stars: | 2024-04-19 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

CNN —Not even a beer at the movies is spared from shrinkflation, alleges a lawsuit against Cinemark. Waldrop then took the container home and measured it for himself, finding it only held 22 ounces, according to the lawsuit. Rising prices seem to have boosted that revenue: Cinemark reported concession revenue for 2023 exceeded revenue in 2019 by 3%, even though movie attendance was 25% lower. A 20-ounce drink at the Plano, Texas, Cinemark theater Waldrop visited costs $7.80 pre-tax, while a 24-ounce drink costs just $1 more, at $8.80. “The 24 oz drink should provide a deal for consumers over the 20 oz drink’s price: $0.37 per ounce vs. $0.39 per ounce,” the lawsuit said.

Persons: Shane Waldrop, Waldrop, overpaying, ” Jarrett Ellzey, Cinemark, ”, Pennsylvania Democratic Sen, Bob Casey, ” Ellzey, “, CNN’s Bryan Mena Organizations: CNN, Cinemark, Pennsylvania Democratic, Labor Department Locations: shrinkflation, Texas, Plano , Texas

☆ A creator made 5 figures with a dating podcast and quit her job to focus on her side hustle full-time. She breaks down her income from brand deals, sponsored events, and more.
▼ + stars: | 2024-04-19 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

Most nights, you'll find Ariana Nathani in the middle of a crowded bar, surrounded by young people waiting to meet her. In 2019, she launched a dating podcast called "Drinks First," where she would interview anonymous singles about their dating preferences and history. She promotes the podcast and posts food and lifestyle content on her personal TikTok and Instagram accounts, too. She has an upcoming event with the dating app Bumble, which is paying her $5,000 to host an event at the restaurant Ketchy Shuby. Outside Drinks First, Nathani has built her own brand as a food and lifestyle creator.

Persons: you'll, Ariana Nathani, Zers, Nathani, I've, it's, Brands, She's, Johnson, she'd, It's Organizations: Business, Brands, Soho, Soho House, Nathani, Johnson Locations: New York City, TikTok, Soho, New York, Georgia

☆ Can Bamboo Replace Paper and Plastic? and Should It?
▼ + stars: | 2024-04-19 | by ( Elizabeth Mccauley | Manuel Silva-Paulus | ) www.businessinsider.com time to read: 1 min

With bamboo-based products on the rise, we wanted to see how they compared to their plastic and paper counterparts. We went to Taiwan and China for a behind-the-scenes look at how bamboo is turned into cups, lunchboxes, toilet paper, and cutlery — and figured out which of these products have the biggest impact on our environment. For more on Lastic, visit www.lastico.com.

Locations: Taiwan, China, www.lastico.com

☆ TV and film jobs may never fully recover post-pandemic, strikes, says Teamsters president
▼ + stars: | 2024-04-19 | by ( Gili Malinsky | ) www.cnbc.com time to read: +4 min

Jobseekers interested in breaking into the film and television industry may have a harder time this year and even in the coming years. The summit covered the media's job landscape at large and how educators can create pathways for young people in it. It's part of Reel Works, an organization that offers an assortment of educational and training programs in the field for underserved youth. U.S. film studios will see a 14% year-over-year decline in content investment in 2024 as a result of the 2023 strikes and the changing film market post pandemic, according to analytics company Ampere Analysis. Ampere also found that the number of scripted TV releases in the US fell from 633 in 2022 and 2021 to 481 in 2023.

Persons: Jobseekers, Tommy O'Donnell, O'Donnell, John Gibson, Kwame Amoaku, David Haddad, Irene Phan, Ampere, we've Organizations: Theatrical Teamsters, Paramount Global, Works, Motion, Association, Haddad's Inc, MBS, CNBC, Writers Guild of America, Screen, American Federation of Television, Radio Artists, Otis College of Art, City, Teamsters, International Alliance, Employees, Ampere, Ampere Analysis Locations: York, Greater Los Angeles, Los Angeles, City and County, New York, U.S

☆ Welcome to 'peak boomer' era: A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat
▼ + stars: | 2024-04-19 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Over 30 million "peak boomers" are entering retirement financially unprepared. This cohort is known as "peak boomers," and per the report, most of them are on track for significant economic headwinds. It's what some have called the boomer retirement bomb — and it might be costly for the rest of the workers in the economy. The peak boomers' retirement wave could also impact the overall US economy. And, per Business Insider's calculations of CPS ASEC data, 79.2% of retirees receive some type of Social Security income.

Persons: —, Robert Shapiro, boomers, Pam Organizations: Social Security, Service, Alliance, Lifetime, Income, Federal Reserve, University of Michigan Health, Commerce, Economic Affairs, Boomers, Consumer Expenditure Survey, CPS

☆ Democrats build financial edge in battle for the House
▼ + stars: | 2024-04-19 | by ( David Wright | ) edition.cnn.com time to read: +4 min

Meanwhile, a pair of super PACs aligned with the House leadership of both parties also announced their most recent quarterly fundraising totals this week, showing Democrats with another advantage. House Majority PAC, the Democratic super PAC, said that, along with its affiliated organization, House Majority Forward, it had raised $37 million in the quarter for Democrats’ House effort. Adding to the pressure, House Republicans are still dealing with the fallout from leadership fights as they seek to defend their razor-thin majority. Meanwhile, a conservative dark money group, American Prosperity Alliance, launched new ads this week targeting three House Republicans who had voted to oust McCarthy, slamming their voting records. House Majority PAC, the lead Democratic super PAC, announced earlier this month plans to spend $186 million on advertising campaigns targeting a series of key battleground races.

Persons: outraising, outraised, Mike Johnson, Kevin McCarthy, Johnson, McCarthy, – Johnson, Marjorie Taylor Greene, Greene Organizations: CNN, US, Representatives, GOP, Democrats ’, Democratic Congressional, Committee, Republican, National Republican Congressional Committee, PAC, Democratic, Congressional, Fund, American Action Network, Republicans, House Republicans, Capitol, Capitol Hill . Rep, Marjorie Taylor Greene of, American Prosperity Alliance Locations: California, New York, Capitol Hill, Marjorie Taylor Greene of Georgia, Ukraine, Israel

☆ Live Updates: Trump Trial Enters Fourth Day With Opening Arguments Next Week
▼ + stars: | 2024-04-19 | by ( Jonah E. Bromwich | Ben Protess | ) www.nytimes.com time to read: +10 min

Have you, a relative, or a close friend ever been employed in the accounting or finance field? Have you, a relative, or a close friend ever been accused or convicted of committing a crime? Do you, a relative, or a close friend have a pending criminal case? Are you signed up for or have you ever been signed up for, subscribed to, or followed any newsletter or email lists run by or on behalf of Mr. Trump or the Trump Organization? The United States Constitution provides that a defendant has no burden to introduce any evidence or to testify in a criminal case.

Persons: Donald J, Trump, Donald Trump, Michael Cohen, Mark Pomerantz, Donald Trump ” Organizations: Prosecutors, New Yorker, Civil, New York Times, New York Daily, Huffington Post, CNN, MSNBC, Google, Street, The New, The New York Post, Newsday, Washington Post, Fox News, MSN, Yahoo, FBI, Attorney’s, Department of Correction, Trump, Mr, Trump Organization, Boogaloo, United, United States Constitution Locations: American, Manhattan, Side, Inwood, New, USA, The New York, New York, United States

☆ Warner Bros.' boss made bank last year, despite the Hollywood strikes
▼ + stars: | 2024-04-19 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Warner Bros. Zaslav's compensation increased despite actors' and writers' strikes, topping his 2022 earnings. Warner Bros. reported losses for the year despite Zaslav's increased compensation. The CEO of Warner Bros. Related storiesDespite both the actors' and writers' strikes that lasted nearly 4 and 5 months respectively, Zaslav's pay for the year went up.

Persons: David Zaslav, — Organizations: Warner Bros, Discovery Inc, Service, WarnerMedia, Street Journal

☆ Investors are hoping Big Tech earnings next week could revive a flagging bull market
▼ + stars: | 2024-04-19 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Wall Street is hoping next week's megacap tech results will give investors insight into where the artificial intelligence trade is going from here, as a bounce in tech could lift the indexes. They're also hoping a slew consumer commentary will give investors insight into the state of the economy. However, he said any pullback in the tech names could give investors an opening to start "nibbling away" at additional exposure. Personal Income 10 a.m. Michigan Sentiment NSA final Earnings: T. Rowe Price Group , Colgate-Palmolive , Exxon Mobil , Chevron , AbbVie , Phillips 66

Persons: Tesla, They're, Kim Forrest, Elon Musk, Emily Leveille, Scott Ladner, Ladner, Horizon's Ladner, FactSet, Baker Hughes, Philip Morris, Lockheed Martin, Raymond James Financial, Rowe Price, Phillips Organizations: Big Tech, Google, Microsoft, Bokeh, Nasdaq, Investors, Deutsche Bank, Reuters, Thornburg Investment Management, Meta, Consumer, Visa, Chicago, Verizon Communications, Ameriprise, Truist, PMI, New, Richmond Fed, Enphase, Tesla, NextEra, Philip Morris International, Halliburton, United Parcel Service, PepsiCo, Lockheed, Raytheon Technologies, GE Aerospace, Grill, Business Machines, Lam Research, Ford Motor, Technology, Waste Management, Universal Health Services, Raymond, Boeing, Hilton Worldwide Holdings, . Kansas City Fed Manufacturing, Mobile, Capital, Financial Corp, Intel, Western Digital, Comcast, American Airlines Group, Southwest Airlines, Valero Energy, Caterpillar, Tractor Supply, Royal Caribbean Group, GE, PCE, NSA, Rowe Price Group, Colgate, Palmolive, Exxon Mobil, Chevron Locations: China, Europe, U.S, NextEra Energy, Freeport, McMoRan, . Kansas, Michigan, AbbVie

☆ Here's why it could be better to buy Series I bonds before May, experts say
▼ + stars: | 2024-04-19 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

While the annual rate for newly purchased Series I bonds could fall below 5% in May, the assets may still appeal to long-term investors, experts say. Some experts predict the new rate could drop to around 4.27% based on inflation and other factors. Based on the last six months of inflation data, the variable portion will fall from 3.94% to 2.96% in May. The fixed-rate portion is harder to predict, but experts say it could stay close to 1.3%. By contrast, the variable rate stays the same for six months after purchase, regardless of when the Treasury announces new rates.

Persons: there's, Ken Tumin Organizations: Investors, Finance, U.S . Department of, Treasury

Kyiv, Ukraine CNN —Ukraine’s air defenders say they notched up two significant firsts on Friday morning, taking down a Russian Tu22M3 strategic bomber and hitting two Kh-22 hypersonic cruise missiles in flight. Ukraine’s air force said six Kh-22 missiles were launched overnight from Russian bombers flying over the Black Sea and the nearby Sea of Azov – out of a total of 22 missiles and 14 Shahed drones fired overall. A military source told CNN a Patriot air defense system had been responsible for the two successful Kh-22 interceptions. Russia has fired hundreds of them at Ukrainian targets since the start of the full-scale invasion two years ago, according to air force information – all of which had evaded air defense until now. Anatolii Stepanov/AFP/Getty ImagesFatalities in Dnipropetrovsk regionAs well as the six Kh-22 missiles fired overnight, Russia fired 16 other missiles at Ukraine, including two Iskander K cruise missiles, in addition to 14 Shahed drones.

Persons: Volodymyr Zelensky, ”, Anatolii Stepanov Organizations: Ukraine CNN —, CNN, Patriot, Defense Intelligence, ” Russia’s Defense Ministry, Tass, Kyiv, Getty Locations: Kyiv, Ukraine, Russian, Dnipropetrovsk, Azov, Russia, Germany, Soviet, Russia’s Stavropol, Dnipro, AFP, Dnipropetrovsk region, Synelnykove

☆ 'The Witcher' is ending, but season 4 won't be its last. Here's everything we know.
▼ + stars: | 2024-04-19 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

The streamer confirmed on Thursday that "The Witcher" season four was in production. It also said that it renewed the show for a fifth and final season, and would film both remaining seasons back-to-back. It's official, The Witcher season 4 is in production. But that's not all, we're already planning season 5, which will be the final season and bring this epic show to a fitting conclusion. pic.twitter.com/c0ilUCWYkF — The Witcher (@witchernetflix) April 18, 2024Here's what to know about the final two seasons.

Persons: Liam Hemsworth, —, Henry Cavill, Rivia, Cavill, Bel, Laurence Fishburne, It's, that's, we're Organizations: Netflix, Service, Hemsworth Locations: Riverdale

☆ These are the world's 10 best airports for 2024, according to passengers. None are in the US.
▼ + stars: | 2024-04-19 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Mikhail Markovskiy/ShutterstockCountry: Germany2023 Ranking: 7AdvertisementSkytrax Awards: Best Airport Staff in Europe, Best Airport in Central Europe, Best Airport Hotel in Europe (Hilton Munich Airport)7. Kazzure Gonzalez/Shutterstock.comCountry: JapanAdvertisement2023 Ranking: 9Skytrax Awards: World's Best Airport Staff, Best Airport Staff in Asia, Best Airport: 30-40 million passengers4. Sean Pavone / iStockCountry: Japan2023 Ranking: 3AdvertisementSkytrax Awards: World's Cleanest Airport, World's Best Domestic Airport, Best PRM and Accessible Facilities, Best Airport: 70+ million passengers, The Cleanest Airport in Asia3. Taylor Rains/Business InsiderCountry: Singapore2023 Ranking: 1Skytrax Awards: Best Airport in Asia, Best Airport Immigration Service, Best Airport: 50-60 million passengers, Best Airport Hotel in the World and Asia (Crowne Plaza Changi Airport)1. Thomas Pallini/Business InsiderCountry: QatarAdvertisement2023 Ranking: 2Skytrax Awards: World's Best Airport, Best Airport in the Middle East, World's Best Airport Shopping, Best Airport: 40-50 million passengers, The Cleanest Airport in the Middle East

☆ Safe-haven gold rises as Israeli attack on Iran raises concerns of wider conflict
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: +2 min

Ingots of 99.99 percent pure gold are placed in a workroom at Novosibirsk Refining Plant, Russia on September 15, 2023. Gold prices rose on Friday as risk aversion swept across financial markets following media reports on explosions in Iran, prompting fears of a wider regional conflict and increasing bullion's safe-haven appeal. The news of Israel's attacks on Iran today "is driving gold price attention on the Middle East which has been the sole thing keeping the gold price moving higher for weeks now. "Gold is not a monetary policy trade at the moment, it's a geopolitics trade," Rodda said. Eventually, even if geopolitical risks subside, "Chinese gold reserve accumulation acts as the major catalyst.

Persons: Bullion, Kyle Rodda, Rodda, Ilya Spivak Organizations: Novosibirsk Refining Plant, Reserve Locations: Novosibirsk, Russia, Iran, Israel

☆ Chinese Grand Prix could deliver drama to F1 and slow Verstappen’s victory march
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: +5 min

Max Verstappen of the Netherlands and Oracle Red Bull Racing reacts during previews ahead of the F1 Grand Prix of China at Shanghai International Circuit on April 18, 2024 in Shanghai, China. Edmund So | Getty ImagesThe Chinese Grand Prix could deliver some much-needed drama to Formula 1, and Red Bull's Max Verstappen can't be penciled in as the almost-certain winner on Sunday. It's also the season's first GP with a sprint race, which means Friday's practice session was the only one of the weekend. This is the first F1 race in China in five years, scratched from the calendar by the COVID-19 pandemic. Horner accepted the concern but noted the Shanghai circuit is a known quantity, hosting races since 2004.

Persons: Max Verstappen, Edmund So, It's, Lando Norris, McLaren, Verstappen, Christian Horner, Clive Mason, Mercedes, Lewis Hamilton, Friday's, Lance, Aston Martin, Oscar Piastri, McClaren, Sergio Perez, Haas, — Nico Hulkenberg, Kevin Magnussen, China's, Zhou Guanyu, Charles Leclerc, Bull, Leclerc, Carlos Sainz, Andrea Stella said, Horner, Lando Norris of Great, Qian Jun, Norris, Fernando Alonso, Sainz, Perez, Mark Thompson Organizations: Oracle Red Bull, of China, Shanghai, Circuit, Bull, Getty, Pirelli, Sauber, Ferrari, McLaren, McLaren F1 Team, Sprint, Bahrain, Hamilton, Oracle Red Bull Racing Locations: Netherlands, Shanghai, China, Australia, Lando Norris of Great Britain, parc feme, Bahrain

☆ This investor, mentored by Peter Lynch, hasn't abandoned the 'Mag 7,' but is placing bets on these mid-caps
▼ + stars: | 2024-04-19 | by ( Sarah Min | ) www.cnbc.com time to read: +9 min

It was under the tutelage of legendary investor Peter Lynch that Sullivan developed the edge that has served him in his career. The numbers Today, Sullivan manages the Putnam Investments Core Equity Fund (PMYYX) , a multicap fund with $4.4 billion in assets that he started in 2010. "The numbers are good," Sullivan said. Ultimately, Sullivan said he's learned a lot from other investors, noting the good stock pickers have had "pretty eclectic" approaches that helped them outperform the market over time. "And I found the good fortune over the decades to be around pretty good stock pickers, pretty good money managers."

Persons: Gerard Sullivan, Peter Lynch, Sullivan, Lynch, hadn't, —, Arthur Yeager, PMYYX, Morningstar, It's, Yeager, Tesla, it's, that's, Rajesh Subramaniam, he's, I'm, That's Organizations: Fidelity, Columbia Business School, Magellan Fund, Putnam Investments, Equity, Pacific Gas & Electric, CMS Energy, Companies, Nvidia, FedEx Locations: Brooklyn, U.S, California, Michigan, Pinterest

☆ Ukraine war live updates: Ukraine says it downed Tu-22M3 bomber for the first time; 8 killed in major attack by Russia
▼ + stars: | 2024-04-19 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Ukrainian Air Force Commander Mykola Oleschuk on Friday said the country shot down a Russian Tu-22M3 strategic bomber for the first time, destroying a warplane capable of using long-range missiles. "During today's attack, two such missiles were destroyed for the first time. Ukraine needs more means, more missiles, in order to better protect the frontline territories from Russian terrorism," he added. Separately, Russia's Defense Ministry said the bomber crashed over the southern Stavropol region when it was flying back to its home airfield, state news agency RIA reported via Telegram. The Stavropol region is located in the North Caucasus region of southern Russia, hundreds of kilometers from Ukrainian-controlled territory.

Persons: Mykola Oleschuk, Oleschuk, Sam Meredith Organizations: Tupolev, Kremlin, Nazi, Ukrainian Air Force, Air Force, Main Directorate of Intelligence, Ministry of Defense, CNBC, Russia's Defense Ministry Locations: Moscow, Nazi Germany, Russian, Ukraine, Stavropol, North Caucasus, Russia

☆ How much money Americans in their 30s saved in 2023—and how to save more, according to a CFP
▼ + stars: | 2024-04-19 | by ( Annie Probert | ) www.cnbc.com time to read: +2 min

In your 30s, your list of financial burdens is probably growing, including everything from paying for child care to saving up for a first home. Despite these challenges, Americans in their 30s managed to save the most money out of any age group in 2023, according to data from New York Life. Parents in the U.S. spend around 24% of their household income on child care each year, a recent report from Care.com found. "But child care, we have to pay for that once the baby's born. If you're in your 30s and want to save more this year, here are two strategies to help stash away more cash.

Persons: it's, Shaun Melby, Care.com, you've Organizations: New York, Melby Wealth, CNBC Locations: New, U.S

We could see mortgage rates start to trend down later this year if incoming data shows that inflation is coming down sustainably. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. As inflation comes down and the Federal Reserve is able to start cutting the federal funds rate, mortgage rates should fall further as well. Now that the Fed has paused hiking rates, mortgage rates have come down a bit. Once the Fed starts cutting rates, which is likely to happen this year, mortgage rates should fall even further.

Persons: Freddie Mac, they'll, Sam Khater, Freddie Mac's Organizations: National Association of Realtors, Zillow, Federal Reserve, Fed Locations: February's, Chevron

☆ Video shows the moment a man shone a laser pointer at an aircraft, risking 'catastrophic consequences,' and leading to a prison sentence
▼ + stars: | 2024-04-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Andrew Wilson admitted to shining a laser at aircraft in two incidents back in 2022. Wilson was sentenced to four months in prison last Thursday. AdvertisementA 53-year-old man was sentenced to four months in prison after shining a laser at a passenger jet. Jason Marshalsea, the police officer in charge of the case, said: "Shining a laser beam at an aircraft is dangerous and irresponsible and could result in catastrophic consequences." AdvertisementIncidents involving lasers and planes have been on the rise in recent years, despite pleas from authorities for people to stop shining lasers at aircraft.

Persons: Andrew Wilson, Wilson, —, VCeFFXnIUG, Jason Marshalsea Organizations: Service, Airbus, Bristol Airport, Taunton Crown, Sky, Federal Aviation Administration, Delta Air Lines Locations: Somerset, England, Martock , Somerset, Taunton, New York, Mexican

☆ Tesla layoffs continue as recruiters get cut
▼ + stars: | 2024-04-19 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Tesla informed some of its recruiters on Friday that they'd been laid off, sources told BI. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Three former Tesla workers confirmed to Business Insider that they had been informed of the layoffs via a call on Friday morning. More former Tesla recruiters have posted on LinkedIn saying they were notified their jobs had been impacted on Friday. The same day Tesla announced its initial round of cuts at least two executives resigned from the company.

Persons: Tesla, they'd, Elon Musk, —, Drew Baglino, Rohan Patel Organizations: Elon, Service, Business, LinkedIn

Netflix and a popular beauty stock were featured among Friday's biggest analyst calls. Analyst Rob Sanderson initiated coverage of DoorDash with a buy rating and $170 price target, citing strong execution. Alongside the upgrade, Blum downgraded Sunnova Energy to an equal weight rating and slashed his price target to $6 from $11, citing a higher-for-longer rate environment. "Share gains upmarket by Shopify support confidence in the durability of growth against tempered consumer spending expectations," wrote analyst Keith Weiss. The stock has tumbled 11% this year, but could rally 22% based on the firm's adjusted $85 price target.

Persons: Canaccord Genuity, Rob Sanderson, DoorDash, Sanderson, – Samantha Subin, Wolfe, Steven Chubak, BAC's, Chubak, bode, Wells, Michael Blum, Blum, Biden, Samantha Subin, Morgan Stanley, Keith Weiss, Weiss, — Samantha Subin, Canaccord, Maria Ripps, Steven Cahall, Price, Doug Anmuth, Morgan Stanley's Benjamin Swinburne, Jefferies, Ashley Helgans, Helgans, Fred Imbert Organizations: CNBC, Netflix, Friday's, Jefferies, Capital, Industry, Wolfe Research, Bank of America, of America, SCHW, Sunnova Energy, NOVA, Ulta Locations: Wells Fargo, China, Thursday's, Canada

☆ Insurance stocks are rallying as a way to play one of the hottest spots for inflation
▼ + stars: | 2024-04-19 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

The stubbornly high inflation readings to start 2024 are good news for one group of stocks — insurance companies. Stocks to watch In general, Wall Street analysts are buying the underlying story for these insurance stocks. For a slightly different angle, Wells Fargo analyst Elyse Greenspan upgraded Hamilton Insurance Group to overweight last week. Potential downsides To be sure, there are several factors that could derail the rally for insurance stocks. Another concern is so-called "social inflation," in which legal trends or regulatory changes can drive costs higher for insurance companies.

Persons: Goldman, Robert Cox, Stocks, Goldman's Cox, Cox, Wells, Elyse Greenspan, Hamilton, HG, Greenspan, Jimmy Bhullar, Andrew McGee, McGee, — CNBC's Michael Bloom Organizations: Bureau of Labor Statistics, Allstate, Wall Street, PGR, Progressive, Hartford Financial Services, Hamilton Insurance Group, U.S . Insurance, JPMorgan, CNBC Locations: Northbrook , Illinois, Wells Fargo

☆ UConn's Paige Bueckers is an early favorite for the No. 1 pick in the 2025 WNBA draft. Here's why the internet is loving her right now.
▼ + stars: | 2024-04-19 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +3 min

Paige Bueckers, 22, is a star guard on UConn's women's basketball team. Her style and support for her teammates at this year's draft have gotten a lot of love online. AdvertisementPaige Bueckers was one of the most-talked-about names after the 2024 WNBA draft on Monday, April 15, and she wasn't even one of the recruits. The 2023 WNBA season was "its most-watched regular season in 21 years," the league reported, and Deloitte predicted women's sports will surpass $1 billion in revenue for the first time. AdvertisementGet to know Paige Bueckers before she returns to UConn for her last dance and discover why she's the internet's latest obsession.

Persons: Paige Bueckers, She's, —, Louis Vuitton, Bueckers, Aaliyah Edwards, Nika Mühl, tweeting, Edwards, Kris Jenner, eyeing, Caitlin Clark, Naismith, Clark, Angel Reese Organizations: UConn, WNBA, Service, Washington Mystics, Seattle Storm, Best, Big East, NCAA, Deloitte

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