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☆ Obama shared his vision of America at his first inauguration. Some still believe
▼ + stars: | 2024-01-20 | by ( John Blake | ) edition.cnn.com time to read: +18 min

It went across all visual types.”Elizabeth Alexander recites a poem during President Obama's swearing-in ceremonies at the US Capitol on January 20, 2009. She had grown up in DC, and that inauguration day was a homecoming for her. “I’m sure that some people expected too much,” says Wear, the former Obama campaign worker, of Obama’s vision. The fact of the matter is, that (inauguration) day happened, and millions of people were there. We will have a better idea on another inauguration day — in January of 2025.

Persons: Elizabeth Alexander, Barack Hussein Obama, Alexander, ” Alexander, Muhammad Ali, Aretha Franklin, Elie Wiesel, John Lewis, Colin Powell, ”, “, …, Obama's, Ron Edmonds, Obama, Obama’s, Martin Luther King Jr, Donald Trump’s, —, Trump's, Joe Biden, Jon Cherry, Ed Wolf, Wolf, Barack Hussein Obama —, Barack Obama, Alex Wong, ‘ Hussein, “ Wolf, Clifford L, Alexander Jr, George W, Bush, Laura, Michelle, Tannen Maury, Ronald Reagan, Trump, ” Vivek Ramaswamy, Donald Trump, Alexi J . Rosenfeld, Thomas Sowell, speck, it’s, Shepard, Robert Daemmrich, ” Obama, Michael Wear, John McCain, McCain, ” McCain, we’ve, Mandel Ngan, ” Trump, Nehisi Coates, Coates, Hope ’, ” Coates, ’, didn’t, ” Wolf, Emmanuel Dunand, “ We’re, hasn’t, Obama — we’re, Rebecca Solnit, John Blake Organizations: CNN, Yale University, Capitol, AP, Confederate, Trump, Rochester Institute of Technology, Metro, Washington, Army, Getty, United, White, Whites, GOP, Republican, Obama, Democratic, Mellon Foundation Locations: Washington ,, America, Russia, Japan, Kenya, American, New York, United States, AFP, Kansas, New York City, Balkans, Minnesota, Arizona, Washington, San Francisco, Michigan, Norfolk , Virginia, Hope

☆ The 10 fastest-growing jobs in the U.S. right now—many can be remote and pay over $100,000
▼ + stars: | 2024-01-19 | by ( Morgan Smith | ) www.cnbc.com time to read: +7 min

Salary range: $41,500-$269,500Top locations hiring: Washington, D.C.-Baltimore area, New York City, Dallas2. Salary range: $34,000-$179,500Top locations hiring: San Francisco, New York City, Boston5. Salary range: $42,500-$138,500Top locations hiring: New York City, Chicago, Atlanta6. Salary range: $43,500-$277,500Top locations hiring: New York City, Chicago, Washington, D.C.-Baltimore area8. Salary range: $25,000-$93,500Top locations hiring: Dallas, New York City, Los Angeles, Washington, D.C.-Baltimore area10.

Persons: Andrew Seaman, they're, Seaman, — Organizations: LinkedIn, Washington, D.C, Dallas, Government, Health, Atlanta, New, Kansas, Diversity, Artificial Locations: U.S, Baltimore, New York City, Sacramento, Los Angeles , Washington, Houston, Boston, Francisco , New York City, Chicago, Atlanta, Kansas City, Austin, Washington, Francisco, Boston , New York, Dallas , New York City, Francisco , New York City , Washington, Yale

☆ Yale University's Joanne Lipman on the rise in 'new collar' jobs
▼ + stars: | 2024-01-19 | 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 EmailYale University's Joanne Lipman on the rise in 'new collar' jobsJoanne Lipman, Yale University lecturer, joins 'Squawk Box' to discuss the rise in 'new collar' jobs, whether a college degree is still necessary in today's job market, and more.

Persons: Joanne Lipman Organizations: Yale, Yale University

☆ The first step you need to take when changing careers—it's the 'best thing' to do, says Yale expert
▼ + stars: | 2024-01-17 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

If you've ever thought about quitting your job and exploring a new path, now is a great time to switch careers. Businesses typically refresh their hiring budgets at the start of the year, meaning there are more job opportunities to explore, and with travel slowing down after the holidays, more people are unencumbered and willing to network, making it easier to strike up meaningful connections. Conversations with close friends won't yield the most valuable insights, says Lipman, who is also the bestselling author of "NEXT! "You can post a networking request on LinkedIn or Instagram, or if you have a list of industries you're interested in, you can text people and just say, 'Hey! I'm looking to transition careers, and am interested in learning more about working in tech (or whatever the industry is), do you know anyone I can chat with?'"

Persons: Joanne Lipman, Lipman, Erin McGoff Organizations: Yale University Locations: New York

☆ Some of the best early-stage startup investors share a common trait that should be a lesson for Silicon Valley
▼ + stars: | 2024-01-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at the best investors when it comes to early-stage companies. The big storyPicking winnersCaterina Fake, Cindi Bi, and Suleman AliInvesting can be a crapshoot, especially when it comes to early-stage companies. AdvertisementThe investors, profiled by BI's Ben Bergman, Samantha Stokes, Rebecca Torrence, and Leena Rao, have an incredible track record for early-stage investing. Silicon Valley can be known to have a herd mentality, especially when it comes to venture investors. And yet, some of the best early-stage investors have proven to have far better success going out on their own.

Persons: —, we've, Caterina Fake, Suleman Ali, BI's Ben Bergman, Samantha Stokes, Rebecca Torrence, Leena Rao, Joseph Aaron, cofounders, Tanja Ivanova, isn't, Chanos, Elon Musk, Jim Chanos, Tesla, Musk, Dan Ives, Goldman Sachs, Goldman, Brittany Hosea, Satya Nadella, Sam Altman, Philipp Schindler, Google's, Alyssa Powell, Michelle Obama, Betty White, Steve Harvey, Muhammad Ali, Benjamin Franklin, Al Capone, Calvin Harris, Charles Schwab, They've Organizations: Service, Business, Reuters, Getty, Elon, Tesla, Apple, Microsoft, Google, BI Locations: pant, San Francisco, Brittany, China, Davos, ChatGPT's

☆ Don't worry if you didn't get accepted early decision, an admissions expert says — you could still end up at your dream college
▼ + stars: | 2024-01-17 | by ( Steve Gardner | ) www.businessinsider.com time to read: +6 min

I'm a college-admissions expert; students panic when they don't get accepted during early decision. AdvertisementHere's what you need to know if you or your kid didn't get accepted during early decision. For many schools, institutional needs come firstMany colleges admit a higher percentage of applicants during early decision than in the regular decision round. Let's say a favorite college has a 10% acceptance rate during early decision but only a 5% acceptance rate during the regular decision period. You never know what institutional priorities a college has when reviewing your application.

Persons: I'm, —, didn't, they'll, let's Organizations: Service, Harvard, Princeton, Yale

☆ The M.B.A.s Who Can’t Find Jobs
▼ + stars: | 2024-01-16 | by ( Lindsay Ellis | ) www.wsj.com time to read: 1 min

Jenna Starr stuck a blue Post-it Note to her monitor a few months after getting her M.B.A. from Yale University last May. “Get yourself the job,” it read. It wasn’t until last week—when she received a long-awaited offer—that she could finally take it down.

Persons: Jenna Starr, “ Organizations: Yale University

At first blush, it seemed to many to be the key to picking former President Donald Trump's lock on the Hawkeye State's Republican base. The alternative vote split roughly in two, leaving Republican Iowa firmly in Trump's hands as the first ballots of the 2024 presidential contest were cast. Trump does not thrive among suburban voters, a group that cost Trump nationally in 2020 and where Haley showed promise Monday. Haley, by contrast, beat Trump in Johnson County, Iowa, a burgeoning tract of homes and businesses along Interstate 80 south of Cedar Rapids. A week earlier, Trump volunteer Jackie Garlock looked around a similar hall in Mason City in northern Iowa on a snowy Saturday, convinced Trump would win.

Persons: Ron DeSantis, DeSantis, Donald Trump's, Sen, Chuck Grassley's, “ He's, Steve Kessler, Nikki Haley, Trump, else's, Randy Vandeberg, ”, Gentry Collins, Mitt Romney's, Haley, she's, Nancy Wildanger, Joe, Biden, Iowa —, Kim Reynolds, Iowa Republicans —, Jackie Garlock, “ Organizations: DES, —, — Florida Gov, Republican, Navy, Hawkeye, Yale, Iowa, Fair, Republican Iowa, GOP, Trump, Former United Nations, 23 New Hampshire, DeSantis, Iowa Republicans, Associated Press, AP, NORC, for Public Affairs Research, Trump Monday, Gov, South, Simpson College, Kent Student Center Locations: DES MOINES, Iowa, — Florida, Cedar Rapids, America, Rock, 23, New Hampshire, Johnson County , Iowa, Dallas County, U.S, Iowa City, Johnson County, “, South Carolina, Trump, Mason City

And so I’m going to ask you, to follow me in taking our America First movement to the next level,” Ramaswamy said. In a rapid-fire presentation on a range of issues, Ramaswamy wowed many GOP audiences by seamlessly mixing his biography and detailed policy positions with conservative talking points. He questioned the government’s account of the Sept. 11, 2001, attacks and called for firing 75% of the federal workforce. Yet alongside the bravado, Ramaswamy often ignored contradictory details, and his confidence sometimes brought him trouble. Ramaswamy insisted he had a nobler purpose: “I’ll keep us out of World War III and then revive national pride in this country.”

Persons: Ramaswamy, Ron DeSantis, Nikki Haley, ” Ramaswamy, Ramaswamy needled, Trump, ”, Ramaswamy wowed, “ Dick Cheney, “, Sean Hannity Organizations: Florida Gov, Trump, Republican, Harvard University, Yale Law School, America, GOP, U.S, Capitol, Fox News Locations: Iowa, Florida, Israel, Ukraine, ”, American

☆ Vivek Ramaswamy ends presidential campaign
▼ + stars: | 2024-01-15 | by ( Aaron Pellish | Kaitlan Collins | ) edition.cnn.com time to read: +11 min

CNN —Biotech entrepreneur Vivek Ramaswamy ended his campaign for the 2024 Republican presidential nomination Monday night after a disappointing finish in the Iowa caucuses. From Vivek Ramaswamy 2024 Presidential Campaign Ramaswamy appears in a sixth-grade musical performance at his school in Sharonville, Ohio, in 1997. From Vivek Ramaswamy 2024 Presidential Campaign Ramaswamy speaks at the Forbes Under 30 Summit in Philadelphia in 2015. Demetrius Freeman/The Washington Post/Getty Images Ramaswamy and Nikki Haley participate in the first Republican presidential debate in August 2023. Win McNamee/Getty Images Ramaswamy talks to members of the media after the first Republican presidential debate.

Persons: Vivek Ramaswamy, we’ve, ”, Ramaswamy, Donald Trump, ” Ramaswamy, “, Anna Moneymaker, Tony Jones, Network Ramaswamy, Instagram Ramaswamy, Gilbert Carrasquillo, Karthik, Apoorva, Angelo Merendino, Anthony Anex, Shutterstock Ramaswamy, Mark Peterson, Alex Brandon, Maddie McGarvey, Jon Cherry, Walter Waligura, John Tully, Arjun, Apoorva Ramaswamy, Michael M, Ramaswamy's, Vek, Demetrius Freeman, Nikki Haley, Win McNamee, Scott Olson, Ramaswamy claps, Maansi Srivastava, Trump, Tucker Carlson’s, Ronna McDaniel, “ We’ve, Kim Reynolds, stagnating, caucusgoers, CNN’s Gregory Krieg, Kaitlan Collins Organizations: CNN — Biotech, Trump, “, Street Journal, Republican, Conservative Political, Conference, Cincinnati Enquirer, USA, Network, Jesuit, Xavier High School, Harvard University, Forbes, Swiss Economic, Ohio Republican, Washington Post, Rifle, Bloomberg, Getty, New York Times, Liberty National Summit, Ohio State University, Iowa State Fairgrounds, BMI, White, Inc, Fox News, Yale University, Roivant Sciences, Management, Republican Party, GOP, RNC, Fair, Gov, Des Moines Register, NBC, CNN New, South Carolina Gov Locations: Iowa, Des Moines , Iowa, New Hampshire, “ America, of, New York, Sharonville , Ohio, Philadelphia, Columbus , Ohio, Interlaken, Switzerland, Cincinnati, Indianapolis, Windham , New Hampshire, Independence , Iowa, Clive , Iowa, “, Cincinnati , Ohio, Ohio, CNN New Hampshire, Indian, Ukraine, Russia, Israel, China, Taiwan, Iraq, Afghanistan

NEW YORK (AP) — Joyce Randolph, a veteran stage and television actress whose role as the savvy Trixie Norton on “The Honeymooners” provided the perfect foil to her dimwitted TV husband, has died. Randolph died of natural causes Saturday night at her home on the Upper West Side of Manhattan, her son Randolph Charles told The Associated Press Sunday. Randolph would later cite a handful of favorite episodes, including one in which Ed is sleepwalking. She’s too well-known as Trixie,’” Randolph told the Orlando Sentinel in 1993. Gleason died in 1987 at age 71, followed by Meadows in 1996 and Carney in 2003.

Persons: — Joyce Randolph, Trixie Norton, Randolph, Randolph Charles, Jackie Gleason’s, Gleason, Ralph Kramden, Audrey Meadows, Alice, Art Carney, Ed Norton, Trixie, Ed, Carney, ‘ Thelma, ”, Jackie Gleason, “, ’, ’ ”, She’s, ’ ” Randolph, Meadows, Jane Kean, Joyce Sirola, Eddie Cantor, Dean Martin, Jerry Lewis, Danny Thomas, Fred Allen, Angus, Chez Josephine, Richard Lincoln, Charles . —, Lindsey Bahr Organizations: Associated Press, Television Academy Foundation, The New York Times, “, Yale, San Antonio Express, Orlando Sentinel, Lambs Club, Lambs Locations: Manhattan, Brooklyn, Gleason’s, Sardi’s, Detroit, New York

☆ DeSantis is fighting for his political life along Iowa’s icy campaign trail
▼ + stars: | 2024-01-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

But on the eve of the caucuses, DeSantis is on the brink in a state where he’s banked his entire campaign. Big donors soon discovered that the Florida governor could be a flat and uninspiring candidate. It was a cringeworthy moment that could become a pitiful emblem of busted hopes if the Florida governor doesn’t mount a comeback on Monday. “If the number that we have is anywhere close to reality, he’s going to have a very, very good night,” Vander Plaats said. An Iowa defeat for DeSantis would be especially bitter, because after months on the trail, he’s a far more polished candidate.

Persons: Ron DeSantis, Donald Trump, DeSantis, Nikki Haley, Trump, “, ” DeSantis, he’s, – Jeb Bush, Marco Rubio, Scott Walker, Haley, ”, Jake Tapper, It’s, Trump’s, Anthony Fauci, invigorated, weaponizing, she’s, DeSantis remorselessly, Ron, doesn’t, Mike Huckabee, Pennsylvania Sen, Rick Santorum, Texas Sen, Ted Cruz, Bob Vander Plaats, ” Vander Plaats, He’s, “ Donald Trump, Steve Deace, “ Ron DeSantis, ” Deace, postmortems, “ He’s, That’s, I’m, Fox, Bob Rommel Organizations: Des Moines , Iowa CNN, Florida Gov, Republican, GOP, Republicans, Des Moines Register, NBC, South Carolina Gov, PAC, Wisconsin Gov, South, Trump, Iowa, Walt Disney Company, Yale, Harvard, Elon, Twitter, CNN, West, Arkansas Gov, Texas, Fox News, Fox Locations: Des Moines , Iowa, Florida, Iowa, South Carolina, New Hampshire, “ State, Texas, West Des Moines, Pennsylvania, Urbandale , Iowa, Naples

☆ The Voters Finally Get Their Say
▼ + stars: | 2024-01-13 | by ( Peggy Noonan | ) www.wsj.com time to read: +1 min

Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She has been a fellow at Harvard University’s Institute of Politics, and has taught in the history department at Yale University. Before entering the Reagan White House, Noonan was a producer and writer at CBS News in New York, and an adjunct professor of Journalism at New York University. She was born in Brooklyn, New York and grew up there, in Massapequa Park, Long Island, and in Rutherford, New Jersey. In November, 2016 she was named one of the city's Literary Lions by the New York Public Library.

Persons: Peggy Noonan, ”, ” Noonan, Ronald Reagan, Noonan Organizations: Wall, Journal, NBC News, The, Harvard University’s Institute of Politics, Yale University, Reagan White House, CBS News, Journalism, New York University, Fairleigh Dickinson University, Lions, New York Public Library Locations: New York, Brooklyn , New York, Massapequa Park, Long, Rutherford , New Jersey, Rutherford, New York City

☆ Waiting for your college acceptance letters can be excruciating. Here's how I survived that anxiety-inducing time.
▼ + stars: | 2024-01-12 | by ( Miles Kirkpatrick | ) www.businessinsider.com time to read: +4 min

Waiting for months to find out if I got into the college of my dreams was painful. But here's how I got through the waiting period with my sanity intact. AdvertisementI didn't try to avoid thinking about college or my applicationsIf I could have forced myself to stop thinking about my college applications, I would have. Eventually I got accepted into my dream school, Yale. With that mindset, the waiting period flew by, and I was able to enjoy those last few months of high school.

Persons: —, that's, Weeks, I'd, hypotheticals, I'm Organizations: Service, Business, UNC Charlotte, Yale, Ivy League Locations: Charlotte

☆ You're not imagining it — it feels damn near impossible to get into top colleges right now
▼ + stars: | 2024-01-10 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +10 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementEven students who have gone megaviral for acceptance videos showing they got into multiple Ivy League schools called social media a major stressor. Schools are rethinking their admissions processes amid a glut of applicantsAn exponential increase in applications has benefited schools financially and reputationally. "A lot of these schools are making so much money from these application fees, which are $80, $90," Rim said. AdvertisementAnd as the game gets more and more competitive year after year, students know they must rise to untold challenges.

Persons: —, Christopher Rim, Rim, It's, Steve Gardner, Gardner, Grant Tucker, Grant Tucker Gardner, Olivia Zhang, Zhang, Kyungyong Lim, Tucker, Tucker's, Oliva Zhang, they've, Lim, who's, it's, " Tucker Organizations: Service, Command, New York City, Hamptons, Rim, Business, Ivy League, New York University, Northeastern, Babson, NYU, MIT, Yale, Facebook, Harvard, Duke, Cancer, Olympic, . News Locations: Asia, Christopher, New, yesteryear, Georgetown, Harvard merch, Jacksonville , Florida

☆ Bill Ackman, taking a page from his Wall Street playbook, backs rebel candidates to join Harvard’s board
▼ + stars: | 2024-01-10 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

The move by Ackman takes a page out of the playbook that made him successful on Wall Street. Normally, candidates for the 30-member Harvard Board of Overseers are nominated by the university’s alumni association. However, Ackman is now backing four write-in candidates, all graduates of Harvard and Radcliffe College, Harvard Business School or Law School. “We truly feel called to do this now,” Leslie, who has spent 20 years in the US military, told CNN in a phone interview. Calls for change at HarvardNew members are elected to the Harvard Board of Overseers each spring.

Persons: Bill Ackman, Ackman, Claudine Gay, Logan Leslie, ” Leslie, Harvard, Leslie, he’s, “, He’s, Julia Pollak, CNN she’s, ”, Pollak, ZipRecruiter . Pollak, ” Ackman, Zoe Bedell, Alec Williams, Penny Pritzker, Jeffrey Sonnenfeld, Sam Lessin, Pritzker, Lessin, ” Lessin Organizations: New, New York CNN, Harvard University, Ackman, Harvard, Ivy League, Radcliffe College, Harvard Business School, Law School, CNN, US Navy, ZipRecruiter, Reuters, of, Navy Seal, Navy Reserves, Harvard Corporation, Gay, Yale Locations: New York, Ackman, Northern, South Africa, Eastern, of Virginia

☆ A surge of Russian demand has made China the world's biggest car exporter
▼ + stars: | 2024-01-09 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Automakers Geely and Great Wall Motor similarly saw a sharp uptick in car sales to Russia. A combination of soaring prices, weak consumer sentiment, and dwindling supply has sent domestic car sales crashing to roughly a quarter of pre-war times. "Russians are just buying less cars, period," researcher Steven Tian said in an interview with Business Insider at the time.

Persons: —, Geely, BYD, Steven Tian Organizations: Service, Wall, Business, China Passenger Car Association, Chery, Elon Musk's, Yale Locations: Ukraine, Moscow, China, Japan, Russia

☆ A Yale professor is slamming Bill Ackman's campaign against Harvard, calling the billionaire investor an 'odious' oligarch
▼ + stars: | 2024-01-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewA Yale faculty member is engaging Bill Ackman in a public tiff on X, slamming the billionaire investor for his intense campaign against Harvard President Claudine Gay. Advertisement"What did I say about Harvard President Gay that has to do with money? What did I say about @Harvard President Gay that has to do with money? President Gay resigned because she lost the confidence of the University at large due to her actions and inactions and other failures of leadership. That's why people pay attention," Gonsalves replied.

Persons: —, Bill Ackman, Claudine Gay, Gregg Gonsalves, Gonsalves, Ackman, X, Gay, … — Bill Ackman, — Gregg Gonsalves, @gregggonsalves, Gonsalves wasn't, Bill, You’re, it’s, Gonsalves's, Sally Kornbluth Organizations: Service, Yale, Harvard, Business, University, MIT, Business Insider

☆ Elise Stefanik took credit for Claudine Gay's resignation, but it was in large part due to a Gen Z reporter who says liberals should care about this story too
▼ + stars: | 2024-01-03 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Harvard University President Claudine Gay resigned Tuesday after months of controversy. Many plagiarism accusations that piled up against Gay were revealed by Gen Z reporter Aaron Sibarium. Sibarium, a writer at the conservative news site The Washington Free Beacon , broke many of the plagiarism accusations against Gay. It wasn't until the plagiarism accusations continued to pile up that she resigned. But his author page shows how he spent the past month: breaking stories about plagiarism accusations against Gay.

Persons: Claudine Gay, Gay, Gen, Aaron Sibarium, Sibarium, —, Elise Stefanik, Stefanik, Aaron Sibarium —, Harvard's, missteps, he's, Harvard, plagiarizing, David Canon, Canon, that's Organizations: Harvard, Service, University of Pennsylvania, MIT, Washington Free Beacon, Gay, Business, The New York Times, Harvard Corporation, Yale University, Politico, University of Wisconsin Locations: Washington, Israel, Madison

☆ My baby needed 6 blood transfusions while in the womb. The postpartum depression didn't hit me until I knew he was OK months later.
▼ + stars: | 2023-12-28 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

During my first pregnancy, doctors explained I was at risk for Rh incompatibility . He would need a blood transfusion before he was even born. Beau needed 3 more transfusions after birthUnfortunately, birth wasn't the end of Beau's health concerns. Sure enough, he needed a blood transfusion. Beau needed two additional transfusions, but by five months, he was stable and healthy.

Persons: —, Courtney Yaeger, Beau, I'd, jaundiced, he'd Organizations: Service, Business, Fetal Care Center, Yale New, Yale New Haven Children's Locations: Yale New Haven

☆ Santa Claus rally period starts on Friday with an average gain of about 1% the next 7 trading days
▼ + stars: | 2023-12-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

Friday is the official start of the Santa Claus rally. What the Santa Claus Rally is, and isn't Over the years, Jeff Hirsch of the Stock Trader's Almanac has repeatedly told me the key to understanding the Santa Claus rally is that it is not a trading strategy, it is an indicator. Fortunately, a negative Santa Claus rally period doesn't happen very often, only 12 times since 1969 (less than 25% of the time). In the years when the Santa Claus period is negative, the S & P is up an average of only 5.0%, versus an average gain of 9.1% in all years. You can see this very clearly in this chart: The common explanation is that: 1) markets are stronger with a sitting president because a sitting President can pull levers to help the economy, and 2) markets tend to be weaker with no sitting president because of increased uncertainty around economic outcomes.

Persons: Santa Claus, Yale Hirsch, Ryan Detrick, I've, Jeff Hirsch, Hirsch Organizations: Carson Group, Santa Locations: Santa

☆ Matthew Perry's death means hard questions for the ketamine movement
▼ + stars: | 2023-12-20 | by ( Anna Silman | ) www.businessinsider.com time to read: +10 min

AdvertisementWhen Charles Patti read that ketamine had been a major factor in the "Friends" star Matthew Perry's death, his heart sank. AdvertisementMultiple researchers told Business Insider that labeling ketamine as the sole cause of Perry's death is misleading. "Matthew Perry's ketamine overdose should be a lesson in expanded use of the dangerous drug," declared The New York Post. There's no data on how many people go from receiving ketamine treatment in clinics to using it without a prescription. Herzberg, the historian, said he's not particularly worried about Perry's death causing a moral panic.

Persons: Matthew Perry, —, Charles Patti, Matthew Perry's, Patti, Perry, Matthew, Joanna Moncrieff, Ryan Marino, Marilyn Monroe's, David Herzberg, Len Bias, Gerard Sanacora, it's, Chrissy Teigen, Elon Musk, We've, Herzberg, wasn't, Sanacora, I've, Sandhya Prashad, wouldn't, Keith Trujillo, Trujillo, he's Organizations: Service, Los, Business, New York, University of Buffalo, Yale, FDA, American Society, Physicians, Psychotherapists Locations: Florida, Los Angeles County, British, Swiss

☆ Fact-Checking Kremlin's Claim That More Foreign Companies Remain in Russia Than Have Left
▼ + stars: | 2023-12-06 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

AdvertisementAfter Russia invaded Ukraine in February 2022, over 1,000 foreign companies announced they would exit Russia in protest against the war. "More foreign companies remain in Russia than those who left the country," Dmitry Peskov, a spokesperson for the Kremlin, told Business Insider in late October. 1: Data from Yale UniversityYale University runs an ongoing study that examines which foreign companies have left Russia since the war began. Here are their results as of November 21:KSE's data shows that most foreign companies have not left Russia. Russia is making it difficult for foreign companies to exitMany companies still operating in Russia are also stuck in the process of exiting the market.

Persons: KSE, —, it's, haven't, Dmitry Peskov, Steven Tian, Tian, Agathe Demarais, Igor Lipsits Organizations: Kremlin, Yale, Service, BI, Yale University Yale University, Kyiv School of, Kyiv School of Economics, University of St, Yale's, Leadership Institute, BP, Benetton, Unilever, Nestlé, European Council, Foreign Relations, Financial Times Locations: Russia, Ukraine, Gallen, Switzerland, Ukrainian, Russian

☆ Here are Tuesday's biggest analyst calls: Netflix, Apple, IBM, Coinbase, Nike, Domino's, Meta, Charles Schwab and more
▼ + stars: | 2023-12-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Goldman Sachs reiterates Nike as buy After a transfer of analyst coverage, Goldman Sachs said it sees improving growth for Nike shares. UBS downgrades United Rentals to neutral from buy UBS said in its downgrade of the equipment rental company that it sees a more balanced risk/reward. UBS reiterates Apple as neutral UBS said its analysis of Apple's App Store shows revenue increasing. UBS reiterates Netflix as buy UBS said it's standing by its buy rating on Netflix shares after hosting the company at a conference. William Blair reiterates Charles Schwab as outperform William Blair named Schwab a top pick for 2024, noting it's well-positioned.

Persons: Raymond James, Piper Sandler downgrades Albemarle, Piper Sandler, it's, Goldman Sachs, Roth, Roth MKM, TD Cowen, Bernstein, Mizuho downgrades Prologis, Wells, Wells Fargo, Oppenheimer, Domino's, Elliott, Morgan Stanley, Meta, Needham, Coinbase, JPMorgan, Raymond James downgrades Lululemon, LULU, Strong, William Blair, Charles Schwab, Schwab Organizations: Crescent Energy, Energy Company, Eagle Ford, UW, Nike, Bank of America, UBS, Credit Suisse, Yale, HY, United Rentals, Apple, Semiconductors, JPMorgan, IBM, Consulting, Mizuho, Marriott, of America, Netflix, Management, Integra, Financial, ISI, Disney, BR, Cargo Therapeutics, Citi, Travere Therapeutics Locations: Houston, Uinta, Eagle, LTHM, 2024E, 2025E, Argentina, Boston, China, Mexican

Bank of America raised its rating on Adecoargo to buy , with its price target pointing to more than 26% upside. The firm maintained its $450 price target on the pizza chain, which implies shares could jump 12.6%. Analyst Doug Anmuth upped his price target by $15 to $220, implying shares could still gain more than 13%. The firm's new $230 price target implies the overweight-rated stock could gain 18.5% over the next 12 months. The analyst increased his 2024 year-end price target to $30 per share, which suggests 32.2% potential upside from Monday's close.

Persons: Piper Sandler, Oppenheimer Oppenheimer, Brian Bittner, Bittner, — Pia Singh, Jessica Reif Ehrlich, Ehrlich, Doug Anmuth, Morgan Stanley, Benjamin Swinburne, Roth, Chip Moore, Moore, Nuvera, Yuri Fernandes, Fernandes, …, Piper Sandler downgrades Albemarle, Charles Neivert, Neivert, Isabella Simonato, Fred Imbert Organizations: CNBC, Bank of America, Spotify, Analysts, JPMorgan, Yale, Hyster, Argentine Locations: Argentina, Albemarle, 4Q23, China, Europe, 2024E, 2025E

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