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☆ 4 ways to maximize your tax break for charitable donations on Giving Tuesday, according to experts
▼ + stars: | 2023-11-28 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Getty ImagesWhen filing your taxes, you claim the larger of the standard deduction or your total itemized deductions. In 2018, the Tax Cuts and Jobs Act nearly doubled the standard deduction, slashing the number of filers who itemized. For 2023, the standard deduction is $13,850 for single filers and $27,700 for married couples filing jointly. Give profitable assetsWhether you're transferring money to a donor-advised fund or giving directly to a charity, experts recommend sending profitable assets, rather than cash. Bunching donationsAnother way to exceed the higher standard deduction is by bunching donations, which is a popular strategy for donor-advised funds, experts say.

Persons: Juan Ros, Michael Maye, Maye, bunching, Mitchell Kraus Organizations: Financial Management, Financial, MJM Financial, Capital Intelligence Associates Locations: Thousand Oaks , California, Gillette , New Jersey, Santa Monica , California

And for that, Suzette Baker was fired as a library director in a rural county in central Texas. She and two other librarians who were similarly fired have filed workplace discrimination claims with the U.S. Reached through the Colorado Civil Rights Division, the settlement requires her former employer to give librarians more say in decisions involving library programs. After her firing in 2022, Baker filed an EEOC claim against her employer, the Llano County Library System in Kingsland, Texas. Like Baker, Lesley had trouble finding work after being fired from the library system she directed in Gillette, Wyoming.

Persons: —, Suzette Baker, ”, Baker, Brooky Parks, Iris Halper, “, Terri Lesley, Halpern, Rathod Mohamedbhai, David Lopez, ” Baker, ” EEOC, Victor Chen, Lesley, Susan Campbell Bartoletti, Robie Harris, Robert Pitman, Lesley's, ” Lesley Organizations: U.S, Commission, American Library Association, Erie Community Library, Colorado Civil Rights Division, High Plains Library District, University of Denver, Public, System, Rutgers University, “, American Terrorist, Sexual, ”, ” Texas U.S, District, Supreme Locations: Texas, Kingsland , Texas, Erie, Denver, Llano County, Campbell, Gillette , Wyoming, Tennessee, Kingsland, ” Texas, U.S, Llano

☆ Unilever is selling Dollar Shave Club, the quirky direct-to-consumer pioneer that never really fit in with the massive company
▼ + stars: | 2023-10-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Unilever is selling Dollar Shave Club seven years after paying $1 billion for the brand. Unilever struggled to grow Dollar Shave Club, sources previously told. "Dollar Shave Club did not deliver as expected, and the economics of the DTC model changed," then-CEO Jope said during an earnings call in 2022. "Dollar Shave Club will also serve as a platform for additional brands with a similar DNA." Do you have a story idea about Dollar Shave Club or Unilever to share?

Persons: —, Fabian Garcia, Michael Dubin, Mark Levine, Schick, Dubin, Graeme Pitkethly, You've, Alan Jope, hadn't, Jope, Michael Cohen Organizations: Unilever, Nexus Capital Management, NEW, Service, Care, Gillette, Schmidt's Naturals, Procter & Gamble, Club Locations: cologne

☆ Cramer's Lighting Round: 'Stay away' from HF Sinclair
▼ + stars: | 2023-10-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Toast's year-to-date stock performance. Stock Chart Icon Stock chart icon CVS's year-to-date stock performance. Stock Chart Icon Stock chart icon HF Sinclair's year-to-date stock performance. Stock Chart Icon Stock chart icon Exact Sciences' year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance.

Persons: I'd, It's, you've, I've, it's Organizations: CVS, Gillette, Resources, Sinclair

☆ Unilever is selling Dollar Shave Club after 7 long, awkward years of trying to make it work
▼ + stars: | 2023-10-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

☆ NFL Week 7 Sunday: Bill Belichick earns historic win, Chiefs and Eagles claim wins
▼ + stars: | 2023-10-23 | by ( Ben Morse | ) edition.cnn.com time to read: +8 min

CNN —It might have been ‘super bye week’ in the 2023 NFL season – six teams weren’t taking the field – but the action that did take place didn’t disappoint. Legendary coach joins legendary companyThe New England Patriots have had a tough time of it lately. Belichick reacts after a play in the second half of the game against the Bills. The Bills fought back in the second half and the Patriots needed a late score to win the game. David Eulitt/Getty ImagesAfter the victory, Mahomes described why his connection with Kelce has worked so well over the years.

Persons: Bill Belichick, that’s, Mac Jones, Ezekiel Elliott, Don Shula, George Halas, Belichick, Patriots –, –, Maddie Meyer, “, I’m, ” Belichick, Josh Allen, Jones, Mike Gesicki, ” Jones, you’ve, “ You’ve, he’s, Madden, Patrick Mahomes, Mahomes, Travis Kelce, Taylor Swift, Brittany Mahomes, David Eulitt, Kelce, ” Mahomes, ”, ” Kelce, Justin Herbert, Bryan Cook, ” Herbert, Jalen, AJ Brown, Dallas Goedert, hadn’t, Tim Nwachukwu, Tua Tagovailoa, De’Von Organizations: CNN, Kansas City Chiefs, Philadelphia Eagles, Bowl, New England Patriots, Patriots, Buffalo Bills, Gillette, Sunday, New, Cleveland Browns, Bills, Super Bowl, ”, The Kansas City Chiefs, Detroit Lions, Los Angeles Chargers, Kansas City, Famer, Chargers, Chiefs, ” Eagles, Miami Dolphins, Super, Lincoln Financial, Eagles, Miami, Dolphins, Baltimore Ravens Las Vegas Raiders, Chicago Bears Cleveland Browns, Indianapolis Colts Buffalo Bills, New England Patriots Washington, New York Giants Atlanta Falcons, Tampa Bay Buccaneers Pittsburgh Steelers, Los Angeles Rams Arizona Cardinals, Seattle Seahawks Green Bay Packers, Denver Broncos Los Angeles Chargers, Kansas City Chiefs Miami Dolphins Locations: New England, Arrowhead, Kansas

☆ NFL roundup: Patriots shock Bills for Bill Belichick's 300th win
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +8 min

The Ravens racked up 355 yards before the break, including 255 passing yards by Jackson. Mark Andrews caught a pair of touchdown passes for Baltimore (5-2). Giants 14, Commanders 7Tyrod Taylor tossed two touchdown passes and the defense held firm as New York earned a win over Washington in East Rutherford, N.J. Seahawks 20, Cardinals 10Geno Smith threw touchdown passes to rookies Jaxon Smith-Njigba and Jake Bobo in the first half and Seattle held on to defeat visiting Arizona. Justin Herbert completed 17 of 30 passes for 259 yards, one touchdown and two interceptions for the Chargers (2-4).

Persons: Bill Belichick, Bob DeChiara, Mac Jones, Jones, Mike Gesicki, Belichick, Don Shula, George Halas, Josh Allen, Allen, Stefon Diggs, Kareem Hunt's, Walker, Hunt, Deshaun Watson, Watson, Kevin Stefanski, Koo, Desmond Ridder, Kyle Pitts, Bijan Robinson, Tyler Allgeier, Baker Mayfield, Chase, Lamar Jackson, Jackson, Mark Andrews, Gus Edwards, Jahmyr Gibbs, Jared Goff, Amon, Ra St, Brown, D'Onta Foreman, Tyson Bagent, NCAA Division II Shepherd, QBs, Bagent, Foreman, Brian Hoyer, Davante Adams, Tyrod Taylor, Daniel Jones, Taylor, Leonard Williams, Darren Waller, Saquon Barkley, Sam Howell, Kenny Pickett, Jaylen Warren, Najee Harris, Matthew Stafford, Puka Nacua, Nacua, Royce Freeman, Geno Smith, Jaxon Smith, Jake Bobo, Smith, Kenneth Walker III, DK Metcalf, Arizona's Joshua Dobbs, Emari Demercado, Wil Lutz, Locke, Russell Wilson, Courtland Sutton, Javonte Williams, Jordan Love, Jayden Reed, Patrick Mahomes, Travis Kelce, Marquez Valdes, Rashee Rice, Isiah Pacheco, Justin Herbert, Joshua Kelley Organizations: New England Patriots, Buffalo Bills, Gillette, New, Buffalo, Bills, Browns, Colts, Indianapolis, The Browns, Cleveland, Seattle Seahawks, Falcons, Buccaneers, Atlanta, Tampa, Ravens, Lions, Baltimore, Bears, Raiders, NFL, Chicago, Las Vegas, NCAA Division II, Giants, New York, Washington, Steelers, Rams, Pittsburgh, Los, Seahawks, Cardinals, Seattle, Arizona, The Seahawks, Broncos, Packers, Denver, Chiefs, Chargers, Kansas City, Thomson Locations: Foxborough , Massachusetts, USA, Foxborough, New England, Cleveland, Detroit, Baltimore, Chicago, New, East Rutherford, N.J, New York, Los Angeles, Inglewood , Calif, Seattle, Green, P.J, Denver, Green Bay, Kansas

Real internal growth (RIG) - or a measure of sales volumes - fell 0.6%, meeting expectations. "The ultimate catalyst for the stock's multiple to improve is going to be seeing that volume number going positive." Analysts had on average expected organic sales growth of 8.1%. Nestle confirmed its full-year outlook of organic sales growth between 7% and 8% and underlying trading operating profit margin between 17.0% and 17.5%. The drug's popularity has prompted concerns in the consumer and retail industry over whether food sales will be impacted.

Persons: Denis Balibouse, Nestle, Mark Schneider, Schneider, Richard Saldanha, Maggi, Novo, Richa Naidu, Christopher Cushing, Jason Neely Organizations: Nestle, REUTERS, Gillette, Aviva, Novo Nordisk's, Walmart, Thomson Locations: Romont, Switzerland, Ukraine

☆ P&G Washes Away Consumer Blues Everywhere but China
▼ + stars: | 2023-10-18 | by ( Aaron Back | ) www.wsj.com time to read: 1 min

Procter & Gamble, whose brands include Herbal Essences, said on Wednesday its organic sales rose 7% from a year earlier in the three months through September. Photo: GABBY JONES for The Wall Street JournalProcter & Gamble sees a recovering consumer everywhere but in one market, which just so happens to be the world’s second-largest economy. That is encouraging news for the company itself, but an unsettling message more broadly about the state of China. The maker of Tide detergent and Gillette razors on Wednesday said its organic sales, which strip out the impacts of currency movements and mergers, rose 7% from a year earlier in the three months through September. As has been the case in prior quarters, this was entirely thanks to price increases, as underlying volumes fell 1%.

Persons: GABBY JONES Organizations: Procter, Gamble, The Wall Street, Gillette Locations: China

☆ P&G tops profit estimates on pricing boost, resilient demand
▼ + stars: | 2023-10-18 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +2 min

REUTERS/Timothy Aeppel/File photo Acquire Licensing RightsOct 18 (Reuters) - Procter & Gamble (PG.N) topped market expectations for quarterly sales and profit on Wednesday, benefiting from higher prices as well as steady demand for its personal care products and cleaning supplies. While P&G's moves to consistently raise prices over the past several months have dented sales volumes with some cost-conscious shoppers turning to cheaper alternatives, the benefits from higher prices have helped bolster its profits. Gross margin improved 460 basis points to 52% in the quarter ended Sept. 30 and the company kept its annual profit outlook despite expectations for a $1 billion after-tax impact from unfavorable foreign exchange rates. P&G now expects sales growth to be in the range of 2%-4% for fiscal 2024, compared to its prior estimate of a 3%-4% rise, owing to currency fluctuations. Per-share profit of $1.83 per share also beat expectations of $1.72.

Persons: Timothy Aeppel, Andre Schulten, they're, Jason Benowitz, Deborah Sophia Organizations: Procter, REUTERS, Procter & Gamble, Gillette, Roosevelt, Thomson Locations: Tabler Station, West Virginia, U.S, Bengaluru

☆ P&G tops quarterly profit estimates on pricing boost, resilient demand
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Timothy Aeppel/File photo Acquire Licensing RightsOct 18 (Reuters) - Procter & Gamble's (PG.N) quarterly sales and profit topped market expectations on Wednesday, helped by steady demand for its personal care products and cleaning supplies as well as price hikes. P&G has consistently raised prices of its products over the past several months. While that has led to weaker sales volumes as some cost-conscious shoppers turn to cheaper alternatives, the benefits from higher prices have helped bolster its profits. The Pantene shampoo maker saw overall prices jump 7% in the first quarter, while total sales volume dropped 1%, consistent with the levels seen in the prior quarter. The company posted a profit of $1.83 per share, above estimates of $1.72 per share.

Persons: Timothy Aeppel, G, Deborah Sophia Organizations: Procter, REUTERS, UBS, Gillette, Thomson Locations: Tabler Station, West Virginia, U.S, Bengaluru

☆ Procter & Gamble tops earnings, revenue estimates even as higher prices drive some consumers away
▼ + stars: | 2023-10-18 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped analysts' expectations, despite volume falling for the sixth consecutive quarter. The company's organic revenue increased 7% in the quarter, helped by higher prices for P&G's products. But the company's volume shrank 1%. The company now projects revenue growth of 2% to 4%, rather than its prior forecast of 3% to 4%. P&G reiterated its full-year forecast for organic revenue growth, which strips out the impact of acquisitions, divestitures and foreign currency, and for earnings per share growth.

Persons: Jon Moeller, Gillette Organizations: Procter, Gamble, LSEG, Venus Locations: Compton , California

BOSTON (AP) — Police in Massachusetts said Thursday that they are pursuing assault and battery and disorderly conduct charges against three Rhode Island men in the recent death of a fan at a New England Patriots game. Police didn't name the men or say when a probable cause hearing about the charges might happen. The final cause of death remains undetermined, pending additional tests by the chief medical examiner's office. Joey Kilmartin, who was at the game, said he saw Mooney, a Patriots fan, jawing with another fan. Mooney walked over to the fan and they began to tussle.

Persons: Dale Mooney, Mooney, Joey Kilmartin, Mooney “, ” Organizations: BOSTON, — Police, Rhode, New England Patriots, Foxborough Police, Gillette, Police, Miami Dolphins, Patriots Locations: Massachusetts, Newmarket , New Hampshire, Norfolk County

☆ Alexandra Bruell — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-28 | by ( Alexandra Bruell | ) www.wsj.com time to read: +1 min

Alexandra BruellAlexandra Bruell covers the news and magazine publishing industry and is part of The Wall Street Journal’s Media and Marketing Bureau in New York. Prior to taking on the publishing beat, Alexandra covered advertising for the Journal. Before joining the Journal in 2016, Alexandra worked as a reporter for Ad Age. There, she wrote about marketing and Madison Avenue, including a series of stories about allegations of kickbacks in the media-buying business. Earlier in her career, she covered the business of consumer marketing for a public relations trade publication.

Persons: Alexandra Bruell Alexandra Bruell, Alexandra Organizations: Journal’s Media, Marketing Bureau, Journal, Netflix, Ad, Madison, Tulane University Locations: New York, newsrooms, New York City

☆ These are the 11 sectors that comprise the S&P 500 — and the stocks we own in each
▼ + stars: | 2023-09-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +28 min

.GSPF YTD mountain S & P 500 Financials Sector YTD performance Club stocks in the Financials sector: Morgan Stanley ( MS): The bank's services include investment banking, wealth management and investment management. Communication Services Sector market weight: 8.85% Market cap: $3.3 trillion YTD performance: up 44.5% Industries: Diversified telecommunication services; entertainment; interactive media & services; media; wireless telecommunication services. .GSPTS YTD mountain S & P 500 Communication Services Sector YTD performance Club stocks in the Communication Services sector: Walt Disney (DIS): The entertainment giant reported another mixed quarter last month, even against low expectations. Real estate Sector market weight: 2.44% Market cap: $909 billion YTD performance: up 0.9% Industries: Equity real estate investment trusts; real estate management & development. .SPLRCR YTD mountain S & P 500 Real Estate Sector YTD performance While we don't own any real estate stocks, investors have historically invested in the sector for its reliable cash flow from income-generating properties.

Persons: Jim Cramer's, Jim, Salesforce, reenergized, Marc Benioff, Wolfe, Palo, Eli Lilly, Cantor Fitzgerald, Bausch, bioprocessing, Morgan Stanley, Morgan Stanley's, Eaton Vance, Wells Fargo, Wells, TJX, Wynn, Locker, We've, Mary Dillon, Walt Disney, Bob Iger's, Emerson, Davidson, Vimal Kapur, Stanley Black, Decker, Estee Lauder, Gillette —, Elliott, Coterra, Linde, Jim Cramer, Mandel Ngan Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Technology Sector, Industries, Communications, Technology, Information Technology, Apple, Wedbush Securities, Microsoft, UBS, Deutsche Bank, Nvidia, Broadcom, VMware, Palo Alto Networks, Wolfe Research, Palo Alto, Oracle, Mizuho, Amazon Web Services, Google, Health Care, Biotechnology, Health, Bausch Health, Leerink Partners, GE Healthcare Technologies, General Electric, GE, Financials, Bank of America, United Auto Workers, Detroit, Ford, Starbucks, TJX, Marshalls, Wynn Resorts, WYNN, Communication Services, Communication, Hollywood, Charter Communications, Disney, JMP Securities, Facebook, Industrials, Aerospace, Emerson, Caterpillar, Honeywell, Consumer Staples Sector, Consumer, Consumer Staples, Costco Wholesale, Procter & Gamble, Gillette, Constellation Brands, Corona, Modelo, Pacifico, Elliott Management, Energy Sector, Energy, Coterra Energy, Natural Resources, West Texas, Utilities Sector, Electric, Companies, Sempra Energy, Materials, Chemicals, Linde, LIN, DuPont, Sector, Equity, Real, Jim Cramer's Charitable, New York Stock Exchange, AFP, Getty Locations: U.S, FactSet, bioprocessing, Wells Fargo, China, Maxx, Macao, Asia, Pacifico —, California, Texas

☆ Will Lionel Messi play on Atlanta United’s artificial turf?
▼ + stars: | 2023-09-16 | by ( Ben Morse | ) edition.cnn.com time to read: +9 min

Sixteen years on, six MLS teams (over 20%) have artificial turf in their home grounds, including Atlanta United’s Mercedes-Benz Stadium, where Inter Miami will play on Saturday with potentially Lionel Messi featuring. “Truth is it’s been a while since I’ve played on artificial turf, but I have no problem adapting myself again,” said Messi. The science is conflicting as to whether artificial turf presents increased health concerns to those playing on it. Lower-extremity injuries, in particular knee and ankle injuries, more commonly occur on artificial turf in comparison to natural grass.”Lower leg injuries suffered on artificial turf aren’t just an issue for NFL players. More than 70,000 fans are expected in Atlanta to watch Atlanta United play Inter Miami, but for his next trick just how will Messi potentially deal with playing on artificial surface?

Persons: CNN —, ”, David Beckham, Atlanta United’s Mercedes, Lionel Messi, Beckham, it’s, I’ve, Messi, Shaun Botterill, Aaron Rodgers ’, Simone Magill –, Megan Briggs, Magill, ” Holly Silvers, Sanjay Gupta, Silvers, Granelli, Alex Slitz, Dr, Andrew Pearle, Rodgers ’, David Bakhtiari, Roger Goodell, he’ll, Gianni Infantino, They’ll, Goodell, “, Thierry Henry, ” Henry, Fred Kfoury III, Germain Organizations: CNN, Major League Soccer, MLS, Atlanta, Benz, Inter Miami, LA Galaxy, Toronto’s BMO, Bodø, Young Boys, Toronto FC, BMO Field, NFL, Orthopaedic Journal, Sports Medicine, soccer, ” Northern Ireland, CORE, CNN Chief, Atlanta United, Hospital for Special Surgery, Green Bay Packers, Twitter, ESPN, FIFA, New York Red Bulls, “, New, Gillette, Paris Saint, US Locations: Europe, Barcelona, Glimt, Norway, Switzerland, Netherlands, Los Angeles, California, New York City, North America, Foxborough, Paris, Atlanta

☆ The Best Electric Razors for Women for a Smooth Finish
▼ + stars: | 2023-09-12 | by ( Abbie Kozolchyk | ) www.wsj.com time to read: +10 min

Buyers are increasingly going electric—some because electric shavers lead to far less landfill waste than disposable versions you’d replace daily or weekly. The back of the leg calls for pivoting heads, too, says Dr. Sarkar. “Many electric shavers have Lithium-ion batteries,” notes Dr. Sarkar—so carry-on would be your only option. Epilators, which do remove hair this way, sometimes get misclassified as electric shavers. So if you’re looking for something that will literally uproot your hair, electric shavers aren’t right for the job—but epilators are.

Persons: Abbie Kozolchyk, shaver, ”, Ava Shamban, who’s, Braun, Gentle Trimmer, Newton, Papri Sarkar, trimmer, Joshua Zeichner, Sarkar, Remington shaver, “, There’s, don’t, Melissa Dezarate, groomer, Mary Lupo, M.D, Zeichner, you’re, Shamban, you’ll Organizations: Gillette, AA, Mount Sinai, AAA Locations: TikTok, Beverly Hills, Santa Monica, Calif, Germany, Mount, New York City, New Orleans

☆ Tom Brady makes emotional return to New England Patriots, but Philadelphia Eagles didn’t get the memo
▼ + stars: | 2023-09-11 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +4 min

While playing for the Patriots, Brady was able to bring six Super Bowl titles to New England and turned the franchise into a footballing powerhouse. Maddie Meyer/Getty ImagesOnce the applause and cheers had finally died down, Brady was able to address those in attendance. Michael Dwyer/APEagles onslaughtThe Patriots haven’t won a Super Bowl since Brady departed and the team’s opening NFL game of the 2023/2024 season ended in defeat as the Philadelphia Eagles departed the Gillette Stadium with a 25-20 victory. Philadelphia Eagles cornerback Darius Slay (R) celebrates his pick six with teammate James Bradberry (center). However, following the break, Eagles kicker Jake Elliott piled on another nine points to the Eagles’ tally to make it 25-14 and put Philadelphia in complete control.

Persons: Tom Brady, ” Brady, Brady, ”, Robert Kraft, “, Maddie Meyer, Kraft, Michael Dwyer, Patriots haven’t, Darius Slay, Mac Jones ’, DeVonta Smith, James Bradberry, Fred Kfoury, Hunter Henry, Kendrick Bourne, Jones, Jake Elliott, Bourne Organizations: CNN, Tampa Bay Buccaneers, Patriots, NFL, Gillette, Philadelphia Eagles, New England Patriots, New, Patriots ’ Hall of Fame, Eagles, Philadelphia, The Patriots Locations: New England, Philadelphia

☆ Maine lobstermen are getting into the seaweed business as climate change threatens the catch
▼ + stars: | 2023-09-07 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Lobsters have long been a staple of the Maine economy, worth roughly $388 million last year alone, but climate change is putting the catch at risk. Now lobstermen and women, along with local entrepreneurs, are turning to a new and potentially even more lucrative staple: Seaweed. Seaweed is also a natural carbon sink, helping the ocean to absorb excess carbon dioxide from the atmosphere. Aquaculture in general, and seaweed in particular, is an essential economic driver for the state of Maine. Atlantic Sea Farms works with 27 lobstermen up and down the coast.

Persons: Bri Warner, Warner, Gamble Organizations: Toyota, Procter, Gamble, Gillette, CNBC, Kroger Locations: Maine, The, Portland , Maine

☆ "Barbenheimer" makes waves for July's movie spending, but box office recovery still lags
▼ + stars: | 2023-08-31 | by ( Amina Niasse | ) www.reuters.com time to read: +3 min

REUTERS/Mike Blake/File Photo Acquire Licensing RightsNEW YORK, Aug 31 (Reuters) - "Barbenheimer" - the twin-bill summer box office phenom - sure helped to drive U.S. consumers back to cinemas last month, but movie-going is still struggling to catch up to other recreational spending categories post-pandemic. While that helped long-suffering box office receipts, it made less of a splash for overall consumer spending when compared to larger categories like clothing and household furnishings, economists at Oxford Economics said. It made a big difference in the live-event spending area though, at least for the moment. This summer’s box office has been out of the ordinary with ticket sales for the season up $500 million from last summer’s sales, according to data firm Box Office Mojo. While other categories of live-event spending have fully recovered from the hit delivered by pandemic shutdowns, film attendance outlays remain at roughly 65% of their pre-COVID levels.

Persons: Mike Blake, Oppenheimer, Michael Pearce, Taylor, Amina Niasse, Dan Burns, Andrea Ricci Organizations: REUTERS, Commerce Department, Warner Bros, Oxford Economics, Graphics, Mojo, Sporting, Federal Reserve Bank of Philadelphia, Gillette, Billboard, Thomson Locations: Los Angeles , California, U.S, Massachusetts

☆ Lionel Messi lifts MLS to new heights, but the league needs more than 'the GOAT' to grow
▼ + stars: | 2023-08-24 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

Marco Bello | ReutersSince joining, Inter Miami rose to the highest-selling MLS team for tickets from the 13th spot on StubHub. The average ticket price for Inter Miami on StubHub is $161, nearly 64% higher than the league average. The overall average MLS ticket price is up to $98, while the average ticket price for the Leagues Cup overall was $152. Yes, what we're seeing in pricing for the MLS for Messi games is unprecedented. "Those average ticket prices were still three times what we're seeing for Messi games so far this year," Budelli said.

Persons: Lionel Messi, Logan Riely, Messi, it's, Camilo Durana, Lee Berke, David Beckham, Wayne Rooney, Thierry Henry, Neymar, Cristiano Ronaldo, Karim Benzema, Germain, –, Leo Messi, Marco Bello, he's, Durana, Marc de Grandpré, that's, Adam Budelli, Tom Brady –, StubHub, Lebron James, Budelli, Berke, Tom Brady, Adam Glanzman Organizations: FC Dallas, Toyota, Major League Soccer's Inter Miami CF, MLS, NFL, NBA, Public Investment Fund, French, Paris Saint, FC Barcelona, Inter Miami, Reuters, Messi, Apple, North, Liga MX, U.S, Leagues, Saturday, Red Bulls, New York Red Bulls, NFL Sunday, Tampa Bay, Disney, ESPN, ABC, Tampa Bay Buccaneers, New England Patriots, Gillette, Getty Locations: Frisco , Texas, U.S, Saudi Arabia, Argentine, Fort Lauderdale , Florida, Harrison , New Jersey, Manhattan, StubHub, Foxborough , Massachusetts

☆ How 5 companies are using pricing power to protect profits during high inflation
▼ + stars: | 2023-08-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

A select group of our Club holdings have recently demonstrated durable pricing power to protect profits during what continues to be a high inflation environment. For companies, elevated inflation means higher input costs — higher costs on the goods and services required to run their businesses. In a recent note, UBS acknowledged, "Inflation may trend back toward the Fed's target sooner than expected reducing the relative advantage of companies with pricing power." In fact, UBS believes that "companies with pricing power have the potential to outperform the broader market in the months ahead." Microsoft's pricing power comes down to the simple fact that they have positioned themselves as a core backbone of global productivity.

Persons: Andrew Bonfield, Jim Umpleby, we'll, Gamble, Gillette, Jon Moeller, Linde, Matthew White, White, Salesforce, Jim Cramer's, Jim Cramer, Jim, Procter & Gamble, Justin Sullivan Organizations: Federal Reserve, UBS, Caterpillar, Procter, Gamble, Linde, LIN, Microsoft, Construction Industries, Resource Industries, Energy, Transportation, Procter & Gamble, Health, Care, Investment, Management, Services Cloud, Cloud, Industries, CNBC, Procter & Locations: U.S, Australia, Canada, New Zealand, Greenbrae , California

☆ Bruce Springsteen has ‘been taken ill,’ postpones two concerts with the E Street Band
▼ + stars: | 2023-08-16 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Bruce Springsteen is taking some time to rest and putting off two concert dates. In May of this year, the “Born in the U.S.A.” crooner took a fall on stage while performing in Amsterdam. They then traveled to Europe, with stops in France, Italy, Germany, Zurich, Birmingham, Oslo, London, Vienna, Munich, England and more. The tour came back to the United States this month, where they played Wrigley Field in Chicago last week before taking this hiatus. They are next scheduled to play Gillette Stadium in Foxborough, Massachusetts on August 24.

Persons: CNN — Bruce Springsteen, Springsteen, “, ” Springsteen Organizations: CNN, Citizens Bank, Wrigley Field, Gillette Locations: Philadelphia, U.S.A, Amsterdam, Europe, France, Italy, Germany, Zurich, Birmingham, Oslo, London, Vienna, Munich, England, United States, Chicago, Foxborough , Massachusetts

☆ Taylor Swift friendship bracelets: Etsy shop owners capitalize on Eras Tour craze by making concert bracelets as a side hustle
▼ + stars: | 2023-08-08 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

The 46-year-old mother said she sold over 5,000 Taylor Swift-themed friendship bracelets on her Etsy shop this summer, bringing in about $16,000 in sales. She is part of a group of Etsy shop owners who are selling Swift-themed bracelets for serious cash. Her daughter suggested listing them on her Etsy shop, which typically sells hairbows and headbands for babies and toddlers. “I will continue to make them as long as people want them.”Jamie Thompkins has sold more than 5,000 friendship bracelets to Taylor Swift concertgoers. Similar to the other Etsy shop owners, Papson put her leftover friendship bracelets online and has earned about $1800 so far.

Persons: Jamie Thompkins, Taylor Swift, ” Thompkins, Thompkins, ”, “, ” Jamie Thompkins, Jamie Thompkins Swift, ” Swift, You’ve, Swift, Jennifer Garner, Gigi Hadid, Jennifer Lawrence, Nicole Kidman, Keith Urban, Travis Kelce, Taylor roberts, Taylor Roberts, we’ve, hasn’t, There’s, Aimee Papson, Roberts, ” Roberts, …, ” Aimee Papson, Taylor, Papson, Papon Organizations: CNN, Kansas City, Swift, Gillette Locations: Oklahoma City , Oklahoma, Arlington , Texas, Los Angeles, Massachusetts, Connecticut, Boston, Block Island, Rhode Island, Nashville

☆ These Club consumer stocks stand to gain as customers continue to economize
▼ + stars: | 2023-08-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Consumers looking to save money are scaling back on big-ticket discretionary purchases, while spending at Club name Costco Wholesale (COST) continues to thrive. Excluding impacts from changes in gasoline prices and foreign exchange, total company core-comparable sales were up 5% on an annual basis last month. Costco's "stronger than expected results are a signal it continues to take share in this difficult consumer environment," analysts at UBS wrote in a note. This strategy offers higher value proposition to customers, allowing the company to raise prices while still maintaining customer engagement. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, BUD, Raymond James, Anheuser, Molson, Elliott, Jim Cramer's, Jim Organizations: Club, Costco Wholesale, Costco, TAG, UBS, Constellation Brands, Modelo Especial, U.S ., Anheuser, Bush Inbev, Molson Coors, TAP, Constellation, Procter & Gamble, Tide, Gillette, Atlantic, Anheuser Bush, Elliott Management, CNBC, Corbis, Getty Locations: U.S, Teterboro , New Jersey

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