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☆ Hedge funds are making big bets on these 20 companies in a 'stock-pickers' paradise' — even though they're skeptical about the market's surge to record highs
▼ + stars: | 2024-02-02 | by ( James Faris | ) www.businessinsider.com time to read: +1 min

A contrarian indicator from Bank of America implies the S&P 500 will rise 14% over the next year. Although US stocks have been on a tear lately, professional investors aren't getting too excited. The S&P 500's rally to record highs in late January has been met with skepticism by Wall Street, according to Bank of America. That could be a reason for caution — or a sign that stocks have more room to run. An elevated reading on the SSI suggests that professional investors advise shifting toward stocks — a sign of excessive optimism that warrants selling.

Persons: aren't, Wall Organizations: Bank of America, SSI, Business Locations: Bank

☆ Russia’s frozen assets are generating billions. The EU is getting ready to send them to Ukraine
▼ + stars: | 2024-02-01 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Russian assets frozen in European accounts are generating billions of dollars in interest payments that could be diverted to help repair Ukraine’s war-torn economy — and the European Union just took a step closer to doing that. After Russia’s full-scale invasion of Ukraine in February 2022, Western countries froze nearly half of Moscow’s foreign reserves — some €300 billion ($327 billion). Around €200 billion ($218 billion) sits in the European Union — mostly at Euroclear, a financial institution that keeps assets safe for banks, exchanges and investors. The EU has been at pains to contrast the illegality of Russia’s invasion with its own strict adherence to the rule of law. Lawyers are working on the text of the agreement before returning it to EU member states for final approval.

Persons: Euroclear, —, ” — James Frater Organizations: London CNN, European Union, EU, immobilised Central Bank of Russia, ”, Group, World Bank, European, European Central Bank, CNN Locations: Ukraine, ” Belgium, Euroclear, Russia, EU

☆ Homebuyers searching for a bargain should target these 10 cities where home prices are down even as the housing market heats up
▼ + stars: | 2024-02-01 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Read previewThe US housing market is showing signs of life again after the weakest year for home sales since the financial crisis . Home transaction volume tanked in 2023 as buyers and sellers became dissatisfied with the state of the real estate market. Would-be buyers became renters as mortgage rates surged to levels not seen since the turn of the century, hurting home demand and frustrating sellers. Mortgage rates are down over one percentage point from their fall peak, though they're still much higher than they were throughout the 2010s. 10 cities where prices are downThe outlook for buyers is finally improving, especially in cities where home prices are falling.

Persons: —, Realtor.com, Danielle Hale, they're Organizations: Service, Business Locations: Denver, Seattle, Miami

☆ A top-7% fund manager shares his strategy for winning in both up and down markets — and names 5 of his favorite stocks to buy during the rally to all-time highs
▼ + stars: | 2024-01-31 | by ( James Faris | ) 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. But fund manager Mick Rasmussen of Wasatch Global Investors isn't going all-in on stocks. For this fund, buying stocks is only part of the equationAs a long/short fund manager, Rasmussen can profit from both winning and losing stocks. Rasmussen usually has 50 to 60 holdings each on the long and short sides of his fund, he said. Advertisement"We hope that regardless of what the market's doing, our stock-picking is going to be the biggest driver of performance," Rasmussen said.

Persons: —, Mick Rasmussen, there's, Rasmussen, Morningstar, Stocks, We're, Rasmussen doesn't, they're Organizations: Service, Wasatch Global Investors, Business, Wasatch, Alpha Fund Locations: Utah

☆ Small-cap stocks are the cheapest they've been since 2000 and are an under-the-radar way to profit from AI, a strategy chief predicts. Here are 5 ways to play their upcoming rally.
▼ + stars: | 2024-01-30 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

A soft landing would greatly boost small caps since they're economically sensitive, meaning they tend to thrive in expansions and fall during contractions. Marcelli also made note of smaller companies' weaker balance sheets, though those are arguably accounted for in valuations. With that said, those positive forces appear to be intact, so small caps could finally break out. Instead of selling AI chips or products, smaller companies can enhance their productivity by using the technology, the strategy chief said. 5 sectors where small caps can thriveWithin small caps, Temple said he's less focused on what sector a company falls into and more concerned with whether that firm is financially healthy.

Persons: haven't, Russell, Marcelli, Ronald Temple, Temple, couldn't, there's, Jack Janasiewicz, Janasiewicz, he's, you've, I'd, they've Organizations: Business, Yahoo Finance, UBS Global Wealth Management, Lazard Asset Management, Temple, Reserve, Savings, Nvidia, Devices, Microsoft

☆ NY AG sues Citibank for failing to protect customers from fraud
▼ + stars: | 2024-01-30 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —New York Attorney General Letitia James filed a lawsuit against Citibank on Tuesday, alleging the big bank failed to do enough to protect and reimburse victims of fraud. The lawsuit argues that New York customers lost millions of dollars — in some cases their entire lifesavings — to scammers and hackers because of Citi’s weak security and anti-fraud measures. According to the NY AG, Citi does not do enough to prevent unauthorized account takeovers, illegally refuses to reimburse fraud victims and “misleads” customers about their rights after their accounts are hacked. “Our actions have reduced client wire fraud losses significantly, and we remain committed to investing in fraud prevention measures to help our clients secure their accounts against emerging threats,” the Citi spokesperson said. Last year, federal regulators alleged Citi illegally discriminated against Armenian Americans for years, singling them out on credit card applications based on their last names.

Persons: Letitia James, “, Banks, James, “ Banks, ” Organizations: New, New York CNN — New York, Citibank, NY AG, Citi, Court, Southern, of, AG, “ Citi, CNN, Armenian Locations: New York, of New York

The Red Sox said Williams died Friday at AdventHealth North Pinellas Hospital in Tarpon Springs, Florida, after a brief illness. Williams was voted AL Manager of the Year after leading the Red Sox to their second straight playoff appearance. Williams signed with Boston, played at Class A Iowa and was selected by St. Louis in the 1965 Rule 5 draft. Williams played in 14 major league games, going 3 for 13 (.231) with one RBI. Bobby Cox took over as the Blue Jays' manager in 1982 and when Cox left in 1986 to become Atlanta's general manager, Williams replaced him in Toronto's dugout.

Persons: — Jimy Williams, Williams, “ I’ve, “ You’ve, can’t, Let’s, ’ ”, James Francis Williams, Tom Seaver, Graig Nettles, Louis, Sandy Koufax, Juan Marichal, Koufax, “, ”, Bobby Mattick's, Bobby Cox, Cox, Cito Gaston, George Bell, Sid Bream, Francisco, Barry Bonds, Kevin Kennedy, Charlie Manuel's, Shawn, Brady, Peggy, Monica Farr, Jenna Williams, Monica, ___ Organizations: BOSTON, American, Boston, Toronto, Red Sox, AdventHealth, Pinellas Hospital, Arroyo Grande High School, Fresno State, Alaska, St, Los Angeles Dodgers, of Famer, Houston Chronicle, Triple, California Angels, Midwest League, Blue Jays, East, Detroit, Braves, Pittsburgh, Cleveland, ” Boston, Astros, Tampa, Philadelphia, Texas, World University Locations: Houston, Tarpon Springs , Florida, Palm Harbor, Santa Maria , California, Fresno, Cincinnati, Indianapolis, Montreal, Vancouver, Toronto, Tampa Bay, Brady

☆ Licensing to Netflix has become a big business for studios again, but some insiders worry it could backfire
▼ + stars: | 2024-01-29 | by ( Lucia Moses | James Faris | ) www.businessinsider.com time to read: +7 min

Read previewCash-hungry entertainment studios are back in the content licensing game, sending their valuable shows like HBO's "Sex and the City" and Disney's "Grey's Anatomy" back to Netflix. Licensing has historically been a mainstay of entertainment companies, except for a brief period when many hoarded content while they built up their own streaming services. "It's the future," said Dan Cohen, the chief content licensing officer at Paramount. Netflix and other entertainment companies that sought full ownership of content as they built up their streaming services are now becoming more agnostic about it. But, for now, the major entertainment companies don't have much of a choice.

Persons: —, Mike Pears, Pears, Jessica Reif Ehrlich, Dan Cohen, Reif Ehrlich, Mitch Metcalf, Metcalf, Meeka Bondy, Perkins, John Hodulik, Tim Nollen, Netflix's, it's, Nollen Organizations: Service, Netflix, Business, AMC, Apple, Warner Bros . Discovery, Paramount, Bank of America, ABC, NBC, Metcalf Entertainment Intelligence, UBS, CBS, Macquarie, Hulu

☆ LeBron James helps Lakers outlast Steph Curry and the Warriors in double-overtime thriller
▼ + stars: | 2024-01-28 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —LeBron James and Steph Curry have had plenty of enthralling battles against each other over the years. And on Saturday night, they added another one to that list, creating yet more NBA history in the process. James’ Los Angeles Lakers and Curry’s Golden State Warriors couldn’t be separated through 48 minutes of time. James finished with a triple-double of 36 points, career-high 20 rebounds and 12 assists, while Curry had a game-high 46 points, 15 of which came in overtime. James is fouled by Draymond Green with one second left in double overtime to set up the game-winning free throws.

Persons: LeBron James, Steph Curry, James ’, James, Curry, Anthony Davis, Ezra Shaw, ” Curry, Kevin Durant, Chris Paul, Draymond, ” James, “, I’ll Organizations: CNN, James ’ Los Angeles Lakers, Curry’s Golden State Warriors, Lakers, Los, NBA, Getty, Cleveland Cavaliers, Warriors, KD, CP Locations: Los Angeles

☆ Renters on a budget should look in these 27 cities where apartment prices are plunging
▼ + stars: | 2024-01-28 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

One-bedroom rent rose by less than 1% for the fifth-straight month after rising for 12 consecutive months starting in October 2021. Rent growth in the US is far from its pandemic peak, according to the January rent report from @Zumper. pic.twitter.com/3QhWPCyaUp — James Faris (@JamesFaris_) January 25, 2024Apartment prices have been driven down by surging supply, Zumper noted. Many renters are now enjoying perks that would've been unheard of during the pandemic, including waived security deposits and a free month of rent, Zumper found. Below are 27 metropolitan areas where the going rental rate for a one-bedroom apartment is at least 5% lower than it was last January, according to Zumper.

Persons: 3QhWPCyaUp — James Faris, @JamesFaris_, Zumper, Anthemos Georgiades Organizations: Business Locations: @Zumper

☆ 'The trend is your friend': A professional trader who spotted last year's market rally early encourages investors to ride stocks to new highs — especially these 20 hot investments
▼ + stars: | 2024-01-27 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Advertisement"I don't want to doubt this market," Salama said. Stocks will pause soon but still have upsideFollowing a brief consolidation period in early January, the S&P 500 has taken off again and set a streak of record highs. Chances are, the S&P 500 will top out around current levels of 4,900, Salama said. Even if the S&P 500 takes a hit, Salama doesn't think it will be down for long. Within the consumer discretionary sector, Salama expressed interest in e-commerce, cloud computing, and media powerhouse Amazon ( AMZN ).

Persons: —, John Salama, wasn't, Salama, we've, Stocks, It's, Salama doesn't, Russell, he's Organizations: Service, Business, Dow Jones, Microsoft, Netflix, Nvidia, Devices, Apple, AMD, Communication, Healthcare Locations: what's

☆ 8 stocks that can soar during a surprisingly strong Q4 earnings season, according to Morgan Stanley
▼ + stars: | 2024-01-26 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

Notably, Morgan Stanley is also calling for similarly solid growth this quarter despite a slew of negative revisions for fourth-quarter earnings in recent months. Post-earnings moves are top of mind for Morgan Stanley, which noted that they've been subdued throughout 2023. Its strategists are also eyeing corporate guidance and subsequent earnings revisions, which could determine whether analysts' pessimism will continue. Morgan Stanley's S&P 500 profit estimate of $229 is well below the market's projection of $243. 8 stocks that stand out nowA better-than-feared fourth-quarter earnings season will be especially friendly to eight companies that can surprise to the upside after reporting, according to Morgan Stanley.

Persons: Morgan Stanley, Michelle Weaver, they've, Weaver, Morgan Stanley's Organizations: Business, Bank of America, Western Digital

☆ 'This is not the tech bubble': A 41-year market veteran explains why US stocks are still cheap after surging to all-time highs — and names 4 investments that can lead markets even higher
▼ + stars: | 2024-01-25 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The S&P 500 rose for nine straight weeks, its longest winning streak since 2004, as optimism built about future interest rate cuts. Stoltzfus predicted that S&P 500 earnings will end 2024 between $240 and $250. "Just about everything that you buy costs more today than it cost in 2019, 2020, before 2021 when this started taking hold, except for stocks," Stoltzfus said. Another argument that's more widely discussed is that last year's gains were driven by a handful of large growth stocks. "Some, on a multiple basis, are considerably cheaper outside of Big Tech," Stoltzfus said.

Persons: John Stoltzfus, Stoltzfus, he's, It's, Ameriprise's Anthony Saglimbene, DWS Group's David Bianco, Goldman Sachs, Tesla, —, Oppenheimer, Stocks, that's, it's Organizations: Business, Oppenheimer Asset Management, University of Michigan, Stoltzfus, Apple, Microsoft, Netflix, Nvidia, Big Tech, Software, isn't, Facebook, Google Locations: industrials

☆ The chartmaster who predicted the robust year-end rally shares when the S&P 500 will break through the 5,000 milestone — and outlines a 4-part investing blueprint for a disappointing pullback
▼ + stars: | 2024-01-21 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Just over two months ago, the S&P 500 was at a breaking point. After Keller's call, the S&P 500 rose nearly 6% in six weeks. The S&P 500 was stuck in purgatory for weeks, barely budging from the 4,769 level at which it entered 2024. David Keller, StockCharts.comExpect the S&P 500 to heat up heading into the summerDespite stocks' shaky near-term prospects, Keller believes their medium-term outlook is rosy. In all likelihood, Keller said the S&P 500 will regain momentum after a near-term hiccup and push toward the 5,000 milestone in April, May, or June.

Persons: David Keller, naysayers, Keller, it'll, StockCharts.com, that's Organizations: Business, Nvidia, Devices, AMD, VanEck Semiconductor Locations: StockCharts.com

☆ These are the 30 best investments to make now as US stocks rally to record highs, according to bullish strategists at 3 large investment firms
▼ + stars: | 2024-01-21 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Lerner noted that such occurrences are correlated with near-term pain as well as sizable forward returns. Another encouraging omen for US stocks is their successful track record in the second year of a bull market, as Belski noted last fall. Furthermore, since the financial crisis, Belski noted that stocks fell in the first month eight times but have ended the year in the green in six of those years. BMO Capital Markets30 investments to make during a rallyIn addition to sharing market commentary, strategists at BMO, Truist, and UBS outlined investment ideas as stocks enter uncharted territory. UBS spotlighted high-quality stocks with healthy balance sheets and sound earnings that drive profitability, especially since economic growth is slowing.

Persons: Solita Marcelli, Keith Lerner, Brian Belski, Lerner, Belski, who've Organizations: Business, BMO, Truist, UBS, BMO Capital Markets, BMO Capital, UBS spotlighted Locations: Swiss, Europe

NEW ORLEANS (AP) — Sion James scored a season-high 22 points, and Tulane held off 10th-ranked Memphis 81-79 on Sunday to hand the Tigers their second straight loss. James hit a pivotal corner 3 that put Tulane (12-6, 3-3 American Athletic Conference) up 77-75 with 2:22 left. Kevin Cross added 21 points for Tulane, which nearly beat another ranked team 10 days earlier, when the Wave fell 85-84 to No. Tulane: It was signature victory for the Green Wave, which had lost 53 straight against AP Top 25 opponents since a 72-63 win over then-No. James' career high of 30 points also came against Memphis on Jan. 1, 2023.

Persons: — Sion James, James, Collin Holloway, David Jones, James ', Kevin Cross, Malcolm Dandridge, Holloway, —, Jones, He's, Dedric Lawson, Kendric Davis, DeAndre Williams, ___ Organizations: ORLEANS, Tulane, Memphis, Tigers, American Athletic Conference, Florida Atlantic, The Tigers, Green, AP, North Carolina State, UAB, UTSA Locations: Florida, Memphis, South Florida

☆ The 4 most important things we're watching in the stock market this coming week
▼ + stars: | 2024-01-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Fortunately, we'll get useful information in the coming weeks as earnings season ramps up and updated inflation data is released. We really want to see more supply come into the market to provide some relief on shelter costs. Looking to next week, we'll get a several key economic updates and a ramp up of earnings releases. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Morgan Stanley, we'll, Procter & Gamble, we've, We're, we're, We'll, Forex, Brown, BRO, Zions, CrossFirst, Johnson, Lockheed Martin, Horton, ERIC, Baker Hughes, Abbott, ABT, Clark, BOK, Monro, Simmons, United Community Banks, Lam, Ethan Allen Interiors, Raymond James Financial, Sherwin, Williams, Northrop, Murphy, Arthur J, Levi Strauss, LEVI, Booz Allen, Jim Cramer's, Jim Cramer, Jim, John Gress Organizations: Nasdaq, Microsoft, Nvidia, Tesla, Apple, Bank of America, Reserve, Procter, Gross, Citigroup, of Hawaii, United Airlines, Logitech International S.A, AGNC Investment, Agilysys Inc, Great Southern Bancorp, Enterprise Financial Services, Independent Bank, Home Bancorp, RBB Bancorp, TrustCo Bank Corp, Gamble Co, Verizon Communications, 3M Company, General Electric Co, GE, RTX Corporation, Halliburton Company, HAL, Lockheed, Ericsson, Bank, GATX Corporation, MakeMyTrip, National Bancorp, Synchrony, Webster, Atlantic Union Bankshares Corporation, Invesco PLC, Peoples Bancorp Inc, Sandy Spring Bancorp, Netflix, Texas Instruments Incorporated, Steel Dynamics, Canadian National Railway Company, NBT Bancorp, East West Bancorp, Covenant Logistics Group, Inc, Hanmi, National Bank Holdings Corporation, Premier Financial, QCR Holdings, Renasant Corporation, Triumph, Veritex Holdings, ASML, SAP, Textron, Oriental Education, Technology Group, First BanCorp, General Dynamics, OFG Bancorp, Prosperity, TE Connectivity, United Community, Blue Foundry Bancorp, Capitol Federal, HBT, Teledyne Technologies, Business Machines, IBM, Las Vegas Sands Corp, Lam Research, United Rentals, Berkley Corp, Crown, International, Packaging Corporation of America, Seagate Technology plc, CACI, Swift Transportation Holdings, Ameriprise Financial, Concentrix Corporation, First Bank, Liberty Energy, Pathward Financial, Columbia Banking, CSX, American Airlines Group, NextEra Energy Inc, Alaska Air Group, Dow Chemical Co, Valero Energy, Southwest Airlines Co, Nextera Energy, Williams Co, Union Pacific, Applied Industrial Technologies, Mobileye, Northrop Grumman, Comcast, Nokia, TAL Education, McCormick & Company, Intel, Visa Inc, Gallagher, Co, KLA Corporation, Western Alliance, Mobile, L3Harris Technologies, Western, Olin Corporation, American Express Co, Booz, Booz Allen Hamilton Holding, Colgate, Palmolive Co, Norfolk Southern Corporation, Jim Cramer's Charitable, CNBC, Gamble's Locations: Procter &, U.S, China, ZION, Freeport, Kimberly, Las, W.R, Chicago

☆ 'A lot of ifs and leaps of faith': 7 investment chiefs and strategists break down earnings trends in what may be a make-or-break Q4, and 3 sectors to watch
▼ + stars: | 2024-01-19 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

Markets are closely monitoring Q4 earnings results, which began rolling out in mid-January, since they give much-needed clarity on the prior year while setting the tone for the year ahead. AdvertisementWhat to expect during the Q4 earnings seasonEarnings seasons often bring surprises, but there are also bankable bets. But we're going to be driven more by the macro, if we're excluding these mega-cap tech stocks." 3 sectors with boom-or-bust potentialWhile the strategists Business Insider spoke with didn't provide investing recommendations, several shared which sectors they're watching in Q4. Bianco believes the tech sector's earnings will rise over 20% this year.

Persons: —, Matt Stucky, Stucky, David Kelly, UBS Josh Jamner, That's, Jamner, Carol Schleif, Schleif, there's, Anthony Saglimbene, David Bianco, Saglimbene, Bianco, Brad Klapmeyer, Klapmeyer, " Bianco, Ameriprise's Saglimbene, BMO's Schleif, Indrani De, De, she's, he'd, that's Organizations: Service, Business, Northwestern Mutual Wealth Management, Asset Management, UBS, ClearBridge Investments, BMO Family Office, DWS, Macquarie Asset Management, FTSE Russell Locations: Americas

☆ The next country to land humans on the moon in the next 10 years 'sets a precedent' for who decides the rules there: US officials
▼ + stars: | 2024-01-18 | by ( Matthew Loh | ) 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. Their worries were largely directed at efforts by China to forge its own space dominance and land astronauts on the moon in the next decade. "I don't think Artemis 3, the landing mission, is at all realistically scheduled." "I think that China has a very aggressive plan," NASA Administrator Bill Nelson said on January 9. Its lead-up to the lunar base involves crewed flights to the moon via its Chang'e missions, which China opened to international collaboration in October 2023.

Persons: —, Frank Lucas, Artemis, Lucas, Neil Armstrong, it's, James Free, Mike Griffin, Griffin, Rich McCormick, Bill Posey, Zoe Lofgren, Bill Nelson, Jing Haipeng, Nelson Organizations: Service, Wednesday, National American Space Agency, Business, Chinese Communist Party, Technology, NASA, Artemis, China, Congressional, GOP, Republican, Democratic, Associated Press Locations: China, Oklahoma, United States, Georgia, Florida, Zoe Lofgren of California, Beijing

☆ On This Comedy Show, You’d Better Not Laugh
▼ + stars: | 2024-01-18 | by ( Calum Marsh | ) www.nytimes.com time to read: 1 min

In early 2016, James Farrell, then the head of content at Amazon Studios for Japan, was looking for original programming that could help the streamer gain a foothold in the region. After months of searching, Farrell recalled recently, he was open to any concept, no matter how strange or unconventional. The last one to keep a straight face wins. But Farrell, who is now a vice president at Amazon Studios, based in Los Angeles, thought, “‘That’s it — that’s the one,’” he said. “I was so certain that this was the monster I was looking for.”

Persons: James Farrell, Farrell, Hitoshi Matsumoto, “, ’ ”, ” Organizations: Amazon Studios Locations: Japan, Los Angeles

☆ Top money managers warn that 2024 earnings expectations are getting out of hand, even as Wall Street firms scramble to raise their S&P 500 targets
▼ + stars: | 2024-01-18 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Goldman Sachs"We expect price increases to be driven by modest earnings growth and well-supported price-to-earnings multiples," wrote Austin Pickle, a strategist at WFII, in a January 16 note. Stucky continued: "I've never seen a re-acceleration in earnings growth — which is what the baseline expectation is for earnings — absent some sort of economic recovery or an acceleration in economic growth. He noted that many factors influence profits, but added that his forward model suggests there's earnings risk ahead. Bianco said he expects flat or mid-single-digit earnings growth for stocks in most sectors. However, he said that during expansions, GDP growth is a poor predictor of earnings growth.

Persons: Goldman Sachs, Austin Pickle, Jonathan Golub, Golub, Matt Stucky, Stucky, I've, Brad Klapmeyer, He's, Klapmeyer, Anthony Saglimbene, —, Saglimbene, Saglimbene doesn't, David Bianco, Bianco Organizations: Business, Wells, Investment Institute, UBS, Federal Reserve, Northwestern Mutual Wealth Management, Macquarie Asset Management, DWS Group

☆ E. Jean Carroll’s Second Defamation Trial Could Hit Trump’s Wallet Again
▼ + stars: | 2024-01-16 | by ( Corinne Ramey | James Fanelli | ) www.wsj.com time to read: +1 min

Donald Trump secured 51% of the vote in the Iowa caucuses on Monday, while Ron DeSantis and Nikki Haley lagged behind with 21% and 19%. WSJ Senior Political Correspondent Molly Ball explains what the results mean for the Republican nomination race. An additional trial began Tuesday to determine whether he’ll have to pay her even more. Carroll, an author and former Elle magazine columnist, made her sexual-assault allegations against Trump public in 2019, when New York Magazine published an excerpt of her book, which alleged he assaulted her in a Bergdorf Goodman dressing room. In the aftermath, she filed a pair of related lawsuits against Trump.

Persons: Donald Trump, Ron DeSantis, Nikki Haley, Molly Ball, Jim Watson, E, Jean Carroll, Carroll, Goodman Organizations: Republican, Agence France, Elle, Trump, New York Magazine Locations: Iowa

☆ The 75 most impactful TV moments are debuts, farewells and historic firsts
▼ + stars: | 2024-01-16 | by ( Scottie Andrew | ) edition.cnn.com time to read: +15 min

These and more indelible moments appear on the Television Academy’s new list of the 75 most impactful moments in TV history, spanning introductions, endings and history-making events. MTV premieres with its first music video – “Video Killed the Radio Star,” 198113. “All in the Family” – viewers meet the working-class Bunker family, 197135. 8.” M*A*S*H” series finale, 198326. But these classic TV moments that stirred audiences when they first aired are still resonant and frequently referenced in contemporary culture.

Persons: Martin Luther King Jr, Mister Rogers, Clemmons, Whitney, George Floyd’s, Lucy ”, Neil Armstrong, O.J, Simpson, Ford Bronco, Walter Cronkite, John F, Kennedy, Martin Luther King, Jr, Nixon, Barack Obama’s, Rodney King’s, Princess Diana’s, Queen Elizabeth II’s, Rodney King, William Shatner’s Captain Kirk, Nichelle Nichols, Uhura, Nichols, Ellen DeGeneres, “ Ellen ”, Sammy Davis , Jr, Archie, “, Lucy ” – Lucy Ricardo, Little Ricky, Lucille Ball, “ Maude ” – Bea Arthur’s Maude, Kelly Clarkson, – Kirk, Kunta Kinte, LeVar Burton, ”, Matt Zoller Seitz, Kunta, Levar Burton, George Carlin, Gordon, Walter White, Bart, Homer, Ted Turner, Sophia, Dorothy, Blanche, Rose, it’s, hallucinating, King Cole, White Walker, ” – Julia Child, boeuf, “ Julia ” –, Julia, “ Will, Grace ”, James Farley, Tony Soprano, Will Hart, It’s, Hawkeye, “ Newhart, Robert Hartley, Bob Newhart, –, “ Mary Tyler Moore, Mary, Ted Danson’s Sam, Bette Midler, Johnny Carson, weren't, Robb, Catelyn, Ed Sullivan, Elvis, “ Charlie Brown, – Linus, Charlie Brown, Carol Burnett, Lucy ” – Lucy, “ Dallas, Mary Tyler Moore, Mary can’t, Chuckles, “ Seinfeld, Jerry, Will Smith, Chris Rock, Harry Bemis, Kinte, Toby, Elmer Fudd, Siegfried, Bugs Bunny, Michael Jackson’s, Oprah ”, Oprah Winfrey, Robb Stark, Hooper, Big, Mr, offscreen, Bill, Frank, Justin Timberlake, Janet, Luke, Laura get, – Whitney Houston, “ Peter Pan ”, “ Walt, Disney Organizations: CNN, The, Television, “, Space Shuttle, NFL, Ford, Capitol, MTV, Radio Star, ABC, Getty, Variety, Oceanic Airlines, Democratic National, HBO, Super, “ Dallas, Beatles, US, Nazi, Pontiac Locations: Angeles, New York, Southern, Monica, “, Valhalla

☆ The new investment chief at $290 billion BNY Mellon Wealth Management makes the case for her 5 favorite investments while US stocks struggle to break through record highs
▼ + stars: | 2024-01-14 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

BNY Mellon Wealth Management's chief investment officer explained why stocks have limited upside. Sinead Colton Grant has hit the ground running in her new role as the chief investment officer at BNY Mellon Wealth Management. What to expect in the economy this yearThe theme of BNY Mellon Wealth Management's 2024 outlook report is "a healthy slowdown." However, Colton Grant acknowledged that there are serious discrepancies between how high- and low-income households experience the economy. 5 top places to invest nowBNY Mellon Wealth Management may be neutral on equities broadly, but it has a bullish overweight rating on US stocks.

Persons: Sinead Colton Grant, BNY, she's, BNY Mellon, Colton Grant, David Kelly, Colton, Kelly, Colton Grant's Organizations: BNY Mellon Wealth, BNY Mellon Wealth Management, BNY Mellon, BNY, JPMorgan Asset Management, Business, Mellon Wealth Management, Federal Reserve, Mellon, Management, Asset Management, BMO Capital Markets Locations: BlackRock, Invesco

☆ The 25 top companies to work for, according to Glassdoor
▼ + stars: | 2024-01-10 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

Glassdoor released its 2024 list of top workplaces based on how US-based employees feel about them. Glassdoor recently published its new Best Places to Work ranking based on how US-based employees felt about their workplaces. AdvertisementWhile Microsoft ranked high on the 2024 list, ranking No. Google fell just short of the top 25 in the 2024 list, ranking No. AdvertisementBelow are the top 25 large companies to work for according to the 2024 US list along with their Best Places to Work rating, which was on a five-point scale.

Persons: Glassdoor, Raymond James Financial, —, Keller Williams, Burger, Bain Organizations: Bain & Company, eXp Realty, Service, Best Places, U.S, Microsoft, Management, Best, Google

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