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☆ The Fed can save the stock market if a recession hits. Experts explain how far the central bank will go with rate hikes – and when it could reverse course.
▼ + stars: | 2022-09-22 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

As of yesterday, the federal funds rate is now in a range of 3.0% to 3.25% after a third consecutive 75-basis-point rate hike and the fifth increase of the year. But should the unemployment rate rise and company earnings fall enough to kick off a deep recession, a markets-friendly central bank could emerge over the next year, according to Kolanovic. In his view, a Fed pivot won't materialize until the unemployment rate gets closer to 5%. How does the Fed's third outsized rate hike impact your outlook for the economy and for your portfolio? US stock futures struggled for direction early Thursday, as the odds of a soft economic landing dwindled following the Fed's rate hike Wednesday.

Institutional crypto lending involves lending cryptocurrencies as well as cash in return for a yield. Unsecured lending has become common across the crypto industry, according to the review of filings and the interviews. Crypto research firm Arkham Intelligence put the figure in the region of $10 billion, for instance, while crypto lender TrueFi said at least $25 billion. BULLISH ON BORROWINGWhile Blockchain.com has largely pulled back from unsecured lending, many crypto lenders remain confident about the practice. Sid Powell, co-founder and CEO of unsecured crypto lending platform Maple, said institutional crypto lenders were more cautious after Three Arrows' insolvency, but conditions have since normalized and lenders are now again comfortable lending unsecured.

☆ Covid will be a leading cause of death in the U.S. indefinitely, whether or not the pandemic is 'over'
▼ + stars: | 2022-09-19 | by ( Aria Bendix | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Shannon-Pettypiece-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +6 min

But disease experts said debating whether the pandemic is over overshadows a more important concern: the reality that Covid will remain a leading cause of death in the U.S. indefinitely. Since April, Covid deaths have stayed relatively flat, at a weekly average of around 300 to 500 per day. Predicting Covid's future death tollThe Institute for Health Metrics and Evaluation, or IHME, a research organization at the University of Washington that regularly models Covid deaths, predicts a decline in Covid deaths over the next two months. Covid death numbers could also fall if hospitals stop routinely testing people for the virus. Murray estimated that half of annual Covid deaths may fall into that category.

☆ Andy Kessler — Opinion Columnist, Inside View at The Wall Street Journal
▼ + stars: | 2022-09-19 | by ( Andy Kessler | ) www.wsj.com time to read: 1 min

Andy KesslerAndy Kessler is the author of Inside View, a column he writes for The Wall Street Journal on technology and markets and where they intersect with culture. He won the 2019 Gerald Loeb Award for commentary. He is the author of several books including Wall Street Meat and Eat People. He used to design chips at Bell Labs before working on Wall Street for PaineWebber and Morgan Stanley and then as a founder of the hedge fund Velocity Capital.

☆ Holman W. Jenkins, Jr. — Opinion Columnist, Business World at The Wall Street Journal
▼ + stars: | 2022-09-19 | by ( Holman W. Jenkins | ) www.wsj.com time to read: 1 min

Holman W. Jenkins, Jr.Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal's editorial page. He returned to the domestic Journal in December 1995 as a member of the paper's editorial board and was based in San Francisco. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage.

☆ Daniel Henninger — Opinion Columnist, Wonder Land at The Wall Street Journal
▼ + stars: | 2022-09-19 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

Daniel HenningerDaniel Henninger's weekly column, “Wonder Land,” appears in The Wall Street Journal each Thursday. Mr. Henninger was a finalist for a Pulitzer Prize in editorial writing in 1987 and 1996, and shared in the Journal's Pulitzer Prize in 2002 for the paper's coverage of the attacks on September 11. In 2004, he won the Eric Breindel Journalism Award for his weekly column. He has won the Gerald Loeb Award for commentary, the Scripps Howard Foundation's Walker Stone Award for editorial writing and the American Society of Newspaper Editors' Distinguished Writing Award for editorial writing. He is a weekly panelist on the "Journal Editorial Report" on Fox News.

Under the procedure, the two chambers approve each state's Electoral College count, which is based on the popular vote as well as a state's population. The law includes a mechanism for members of Congress to challenge any state's certification. At present, only one member from the House and one from the Senate are required. Under the bill, that would change to one-third of the 435-member House and 100-member Senate. The House bill would ensure that the states conduct presidential elections under state laws as they exist prior to Election Day.

Disney Chief Executive Officer Bob Chapek said he'd love to own Comcast's 33% stake in Hulu "tomorrow" but acknowledged the chances of an early deal are "less and less" as 2024 approaches. Comcast has an existing mutual agreement with Disney to sell its minority Hulu stake as early as January 2024. Comcast CEO Brian Roberts said Wednesday he would also like to own Hulu if Disney decided to put the streaming service up for sale. The best way to value Hulu is to figure out what it would sell for in a theoretical auction, Roberts said Wednesday at the conference. Chapek told Faber this year's dip in the public valuation of Netflix should factor in to the eventual sale price.

☆ Disney CEO Bob Chapek says ESPN will never take bets
▼ + stars: | 2022-09-15 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +1 min

Disney Chief Executive Bob Chapek said Thursday that the company's sports network ESPN is looking for a partner to help it step into sports gambling. Now we're going to need a partner to do that, because we're never going to be a book, that's never in the cards for the Walt Disney Company," Chapek told CNBC's David Faber said in an exclusive interview. Initially, Loeb pushed for Disney to spin out the sports property, saying it would be easier for it to take part in certain initiatives, such as sports gambling. Sports betting was at the core of Loeb's earlier push to spin off ESPN. Loeb's reversal came shortly after Chapek told reporters during Disney's D23 Expo that he had big plans for ESPN's future, without disclosing details.

☆ Disney CEO wants to add sports betting to ESPN — a move we've long called for
▼ + stars: | 2022-09-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Disney (DIS) has grand plans to innovate at ESPN, including better integration with sports betting, CEO Bob Chapek told CNBC in an interview that aired Thursday. Chapek said Disney does not plan to launch its own sportsbook, meaning it would take bets itself and issue payouts. That's never in the cards for the Walt Disney Company." It's worth noting that of Disney+, ESPN+ and Hulu, the only one that's currently profitable is Hulu. Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019.

☆ Disney’s big ESPN choice, Rio Tinto Mongolia drama: podcast
▼ + stars: | 2022-09-15 | by ( Aimee Donnellan | ) www.reuters.com time to read: +1 min

A 3D printed Disney logo is seen in front of the ESPN+ logo in this illustration taken on July 13, 2021. REUTERS/Dado Ruvic/IllustrationLONDON, Sept 15 (Reuters Breakingviews) - Activist Dan Loeb backed away from his demand that the $203 bln media firm sell its sports network. In this Viewsroom podcast, Breakingviews columnists debate whether it’s the right move. Register now for FREE unlimited access to Reuters.com RegisterEditing by Thomas Shum and Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Why Joe Biden thinks he's never too old to be your president
▼ + stars: | 2022-09-13 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +28 min

As the oldest sitting president, he's raising concerns about how long he can continue governing. Republicans — including Trump — have gleefully seized on Biden's verbal misadventures, such as when he called his vice president "President Harris." President Joe Biden drives the Ford's new all-electric F-150 Lightning in Dearborn, Michigan. Ruggerio described the idea that Joe Biden is diminished or can't remember things as "bull crap." Cox said that while he thinks Biden is "still Joe" and still capable, he worries that Biden's age is a problem.

☆ Disney doesn’t need Loeb to kick ESPN out the door
▼ + stars: | 2022-09-12 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

NEW YORK, Sept 12 (Reuters Breakingviews) - Pushy investor Dan Loeb has changed his mind, somewhat, about Walt Disney (DIS.N). He is backing off his demand that the $210 billion entertainment giant run by Chief Executive Bob Chapek sell sports network ESPN. Amid the glad-handing of Disney devotees, Chapek, talking to reporters, maintained that ESPN is still a fit for the Magic Kingdom. On a multiple more than rival Fox (FOXA.O) but less than Netflix (NFLX.O), Disney could fetch $40 billion for ESPN. CONTEXT NEWSActivist investor Dan Loeb said in a tweet on Sept. 11 he is backing off his push for Walt Disney to spin off cable sports network ESPN.

☆ Activist investor changes mind about Disney spinning off ESPN
▼ + stars: | 2022-09-12 | by ( Frank Pallotta | ) edition.cnn.com time to read: +2 min

New York CNN Business —Dan Loeb is fine with Disney keeping ESPN after all. The activist investor and Third Point CEO, who made headlines last month when he proposed that the media giant spin off ESPN, had a change of heart over the weekend. https://t.co/Gobvf8KS2w — Daniel S. Loeb (@DanielSLoeb1) September 11, 2022However, Loeb also wanted to see five changes at Disney, which he said would “unlock further value in the near-term.”One change, which got the most attention, was for Disney to ditch ESPN. Loeb noted that “a strong case can be made that the ESPN business should be spun off to shareholders with an appropriate debt load” to reduce Disney’s debt. “ESPN would have greater flexibility to pursue business initiatives that may be more difficult as part of Disney, such as sports betting,” Loeb added.

In the company's fiscal third quarter reported in August, Disney's ESPN+ streaming service saw a 53% year-over-year increase in paid subscribers to 22.8 million. In July, Disney's ESPN+ raised the price of its subscription service from $6.99 per month to $9.99 per month. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ These are the cheapest, most-loved stocks in the S&P 500
▼ + stars: | 2022-09-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Walt Disney , for example, is trading at a 26% discount on a forward price-to-earnings basis, below its historic 5-year average forward P/E. Qualcomm is trading at an almost 39% discount on a forward P/E basis, well below its historic 5-year average forward P/E. Meanwhile, home builder DR Horton is very cheap on a forward P/E basis, trading at an almost 47% discount, well below its historic 5-year average forward P/E. The stock is down 34% year to date, but has 28% upside to the average price target, according to FactSet. One is Halliburton , which is up about 25% year to date yet is still cheap on a forward P/E basis.

☆ Here are the top dividend stock picks from the biggest investors during market turmoil
▼ + stars: | 2022-07-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The appeal for high-dividend stocks is growing fast as the market's turmoil and surging inflation shows no signs of easing. Stocks with high dividend payouts had been ignored for years as growth stocks with dramatic price appreciation took center stage. The company pays a 4.7% dividend, more than doubling that of the S & P 500. Billionaire investor Leon Cooperman previously told CNBC that energy stocks were cheap relative to commodity prices. The chairman and CEO of the Omega Family Office held a number of high-dividend stocks, including Devon Energy , Coterra Energy , Energy Transfer and Pioneer Natural Resources , some of which pay as much as 8% in dividends.

☆ The latest transcripts from the January 6 select committee's public hearings
▼ + stars: | 2022-07-12 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

The January 6 committee has been interviewing witnesses during its public hearings. The hearings led by co-chairs Bennie Thompson and Liz Cheney give the public a view of the panel's year-long investigation. Insider will update this tracker as hearing transcripts become available. Top editors give you the stories you want — delivered right to your inbox each weekday. Saul Loeb - Pool/Getty ImagesCommittee hearing held October 13, 2022

☆ The Climate-Change ‘Emergency’ Is Coming for You
▼ + stars: | 2021-11-17 | by ( Andy Kessler | ) www.wsj.com time to read: 1 min

Andy Kessler is the author of Inside View, a column he writes for The Wall Street Journal on technology and markets and where they intersect with culture. He won the 2019 Gerald Loeb Award for commentary. He is the author of several books including Wall Street Meat and Eat People. He used to design chips at Bell Labs before working on Wall Street for PaineWebber and Morgan Stanley and then as a founder of the hedge fund Velocity Capital.

Persons: Andy Kessler, Gerald Loeb, Morgan Stanley Organizations: Wall, Bell Labs, Velocity Capital Locations: PaineWebber

☆ How Trump's Senate trial could end with a vote to ban him from ever holding federal office again and kill any chances of a 2024 run
▼ + stars: | 2021-02-09 | by ( Kayla Epstein | Dave Levinthal | ) www.businessinsider.com time to read: +12 min

It's unlikely Republicans would join Democrats to vote to convict Trump who's mulled a 2024 run. But the Constitution allows the Senate to bar an official that lawmakers have convicted in an impeachment trial from holding federal office again. It's also not certain if enough Republicans will vote to convict Trump and trigger the vote to ban him from holding public office again. It's not impossible, but the odds of 67 senators voting to convict Trump are long. Jolly at the time said the House need not worry about what the Senate would do with the impeachment vote.

☆ Mărturia fotoreporterului AFP, autorul imaginilor din Capitoliu: „A fost prima oară când cineva a îndreptat arma spre mine”
▼ + stars: | 2021-01-12 | by ( ) www.jurnal.md time to read: +5 min

„În dimineața în care Capitoliul Statelor Unite a fost atacat de extremiștii trumpiști, știam că va fi o zi mare. La puțin timp, însă, în timpul dezbaterilor din fiecare cameră, sesiunea a fost închisă rapid, iar toți cei prezenți au fost avertizați „să se adăpostească undeva”. Toți acești indivizi intraseră în clădire și nu era clar dacă erau înarmați sau ce intenții avea cu adevărat. A fost pentru prima oară când cineva a îndreptat o armă spre mine”. Ulterior am auzit că au fost trase focuri de armă, însă aceea a fost singura veste pe care am mai primit-o.

Persons: Saul Loeb, Trump, Nancy Pelosi, Loeb, extremiștii Organizations: Capitoliul, Congresului, Colegiul Electoral Locations: Capitoliul Statelor Unite, Arizona, Statelor Unite, Capitoliu, Washington

☆ These are all the federal crimes Trump extremists could be charged with after their attack on the US Capitol
▼ + stars: | 2021-01-08 | by ( Dave Levinthal | Tina Sfondeles | ) www.businessinsider.com time to read: +17 min

Federal authorities and other law enforcement will likely make more arrests within days, if not hours. "These fools made it easy for law enforcement to find them because they were posing for pictures. An Insider analysis of the United States Code, coupled with interviews with several leading experts on federal law, identified more than a dozen different federal crimes that could apply to Trump supporters who attacked the Capitol. Assaulting, resisting, or impeding government officialsVideos both inside and outside the Capitol showed numerous pro-Trump extremists physically fighting with and otherwise interfering with federal law enforcement and other government officials. Anyone who "willfully injures or commits any depredation against any property of the United States" commits a federal crime.

☆ Raliul Dakar, ediția 2021, a luat startul în în Arabia Saudită
▼ + stars: | 2021-01-03 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Raliul Dakar, ediția 2021 a luat startul în în Arabia Saudită, iar prima etapă a competiţiei s-a desfăşurată între orașele Jeddah și Bisha.În runda inaugurală, clasa moto s-a impus australianul Toby Price.Acesta a fost cronometrat cu 3 ore 18 minute și 26 de secunde după ce a parcurs cei 227 de kilometri. Pilotul de la Antipozi a fost urmat de argentinianul Kevin Benavides şi de austriacul Matthias Walkner.La clasa auto, câștigătorul primei etape a devenit spaniolul Carlos Sainz. Francezul Stephane Peterhansel s-a clasat pe locul 2, iar cehul Martin Prokop a sosit al la finiș al treilea. Organizatorii au creat un traseu complet nou, descris de specialiști ca fiind mult mai lent, mai variat și mai tehnic. Traseul include 12 etape printre care și una - maraton.

Persons: Toby Price.Acesta, Kevin Benavides, Matthias Walkner.La, Carlos Sainz, Francezul Stephane Peterhansel, Martin Prokop, franceul, Loeb Organizations: Raliul Dakar, Dakar Locations: Arabia Saudită, Jeddah, Bisha, Wadi Ad -, Arabia

☆ Pilotul Lewis Hamilton, cel mai bun sportiv al anului 2020 din Marea Britanie
▼ + stars: | 2020-12-11 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Pilotul Lewis Hamilton a fost ales cel mai bun sportiv al anului 2020 din Marea Britanie de către Asociaţia britanică a jurnaliştilor sportivi.Despre asta s-a anunțat în cadrul unei ceremonii, ce s-a desfăşurat în mod virtual, în locul unei gale tradiţionale, din cauza pandemiei de coronavirus. Hamilton a luat premiul pentru cel mai bun sportiv al anului după ce a câștigat al șaptelea titlu mondial în Formula 1 și astfel a egalat recordul de deţinut de legendarul pilot german Michael Schumacher.Pilotul echipei Mercedes, care a mai obţinut acest premiu în 2007, pe când concura la McLaren, a ratat o cursă din Bahrain în acest an din cauza noului coronavirus, dar el s-a refăcut şi va lua startul în ultimul Grand Prix al anului, la Abu Dhabi, în acest weekend.Veștile bune nu se opresc aici pentru Hamilton. Acesta a anunțat că anul viitor îi va avea coechipieri pe francezul Sebastian Loeb, de nouă ori campion mondial la raliuri, şi spaniola Cristina Gutierrez. Nu în Formula 1, ci în campionatul Extreme E, acolo unde britanicul și-a fondat propria echipă X44, după numărul cu care evoluează în "Marele Circ".Extreme E va reprezenta curse de automobile electrice tip SUV în zone cu ecosisteme fragile pentru a sensibiliza publicul în scopul de a le proteja.Anul viitor, sunt prevăzute cinci etape, în Senegal, Arabia Saudită, Nepal, Groenlanda şi Brazilia.

Persons: Lewis Hamilton, coronavirus, Hamilton, Michael, Hamilton ., Sebastian Loeb, Cristina Gutierrez Organizations: Mercedes, McLaren Locations: Bahrain, Grand, Abu Dhabi, Senegal, Arabia Saudită, Nepal, Groenlanda, Brazilia

☆ Sebastien Ogier și-a anunțat retragerea la o zi după ce a devenit campion mondial
▼ + stars: | 2020-12-07 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Și-a anunțat retragerea la o zi după ce a devenit campion mondial. Este vorba despre pilotul de raliuri, Sebastien Ogier.Francezul, care a cucerit recent al şaptelea său titlu de campion mondial a anunţat printr-un mesaj postat pe rețele de socializare că 2021 va fi ultimul său sezon în Campionatul Mondial de Raliuri.El a menționat că urma să se retragă în acest an, însă totul s-a amânat din cauza pandemiei, care a dat peste cap programul sezonului.Sebastien Ogier a obținut în ultima etapă a sezonului a 49-a lui victorie în Mondialele de raliuri. El are în palmares şapte titluri mondiale cucerite cu trei echipe diferite. În 2013, 2014, 2015 şi 2016 cu Volkswagen, în 2017 şi 2018 cu Ford, iar în 2020 cu Toyota.Francezul s-a apropiat astfel la două titluri de recordmenul absolut, compatriotul Sebastien Loeb, cu 9 titluri mondiale în palmares.

Persons: Raliuri.El, Toyota.Francezul, Loeb Organizations: Volkswagen, Ford

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