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CNN —Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%. Consumer prices rose 2.9% for the 12 months ended in July, slowing from June’s 3% annual gain, according to the Bureau of Labor Statistics’ latest CPI report released Wednesday. On a monthly basis, prices rose 0.2% after posting a 0.1% decline the month before. Economists were expecting a 0.2% monthly increase and an annual rise of 3%, according to Fact Set consensus estimates. Core CPI inflation is now running at its slowest pace since April 2021.
Persons: CNN — Organizations: CNN, Federal Reserve, Bureau of Labor Statistics ’
CNN —US wholesale inflation slowed as expected in July, easing after an unexpected flare-up the month before. On a monthly basis, prices rose 0.1%, a slower pace than the 0.2% increase seen in June. Economists had expected that prices would increase 0.2% on a monthly basis and slow to 2.3% annually, according to FactSet estimates. The modest monthly increase in the overall PPI was attributed to a 0.6% jump in goods prices, according to the BLS report. When stripping out energy and food prices — categories that also tend to be volatile — core PPI prices were flat for the month, bringing down the annual gain to 2.4%, its lowest since March.
Persons: Price Organizations: CNN, of Labor Statistics, PPI, BLS, CPI
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Following decades of grievances, the federal government on Thursday changed a policy that disqualified some disabled veterans from receiving subsidized housing. Advocates hope a new federal policy will help more disabled homeless veterans get off the streets. A homeless veterans encampment in Los Angeles in 2021. “No matter where veterans are, if we have homeless veterans, we are committed to them,” he said. About 1,834 homeless veterans were counted in Los Angeles this year, compared with 2,696 last year.
Persons: Al Seib, Denis McDonough, Francine Orr, Karen Bass, George Rose, , Mark Rosenbaum, Rosenbaum, Terrence Hayes, Hayes Organizations: of Housing, Urban, Veterans, Los Angeles Times, Getty, Veterans Administration, “ Veterans, American Civil Liberties Union of Southern, Los, Los Angeles, HUD Locations: Al, Los Angeles, , Westwood, Brentwood, American Civil Liberties Union of Southern California, , Los Angeles County, U.S
Secret Service agents taped over a security camera and broke into a Massachusetts hair salon while securing the area for a Kamala Harris campaign event, according to the salon's owner. Advertisement(Business Insider blurred the face of a Secret Service agent in the video below.) The fourth person, wearing a dark suit and white shirt like a Secret Service officer, stood by the door. BI asked Secret Service spokesperson Melissa McKenzie whether the agency invited other people to use the bathroom. Brian Smith, the building's landlord, said he didn't give the Secret Service permission to use the property either.
Persons: , Kamala Harris, Harris's, Alicia Powers, Harris, Powers, Melissa McKenzie, Brian Smith, didn't, Smith, McKenzie, Bill Pickle, Pickle, Matthew Hill, she'd Organizations: Service, Secret Service, Democratic, Business, Colonial Theatre, Secret, BI, Pittsfield Police Locations: Massachusetts, Pittsfield , Massachusetts, Pittsfield, Boston
Thursday brought more negative news from the jobs market: unemployment insurance claims for the week ending July 27 were up by 14,000 from the previous week to 249,000. Stepping back from last week's weak data, chief investment officers and top strategists say the market is overreacting, and they're using this as a buying opportunity. Related storiesSimilarly, the manufacturing data is not as foreshadowing as it seems on the surface. "But the ISM manufacturing data can be a leading indicator of S&P earnings, particularly the new order number." "If you look at non-US stocks and you look at their valuations, they're trading at about 13 times earnings," Calcagni said.
Persons: Dow, we've, Philip Straehl, Morningstar, Goldman Sachs, Jan Hatzius, Alicia Levine, Levine, it's, what's, Morningstar's Straehl, Simeon Hyman, Hyman, Donald Calcagni's, Calcagni Organizations: Service, Nasdaq, Institute for Supply, Business, BNY, Big Tech, Mercer Advisors Locations: Americas
Di Bari is one of thousands of residents attempting to rebuild her home and business amid a flurry of instability. Courtesy Qiana and Michele Di BariToday, many Lahaina residents who lost their homes are still displaced as they scramble from one temporary shelter to another. “The true thing about Lahaina people is you cannot take Lahaina people out of Lahaina,” Nahoo’ikaika said. A man walks past wildfire wreckage in Lahaina, Hawaii, on Aug. 9, 2023. A rainbow is seen from Put Kukui mountain over burned cars and buildings in Lahaina, Hawaii, on Aug. 13, 2023.
Persons: restauranteur Qiana Di, Michele, Di, Qiana Di, Pepe, Michele Di Bari, , Jamie Nahoo’ikaika, Sale Pepe, Jaret, Levi, King Kamehameha III, Di Bari, Baris, Nahoo’ikaika, James Tokioka, Tiffany Kidder Winn, Lisa Grove, , Josh Green, Kalama McEwen, he's, McEwen, Mengshin Lin, Cindy Canham, you’ve, Canham, Whaler’s, Jimmy Carter, she'll Organizations: Di Bari, NBC, FEMA, NBC News, Tourism, Maui, Hawaii Department of Business, Economic, Rural Health Association, The Washington, Getty Locations: Lahaina, Hawaii, restauranteur Qiana Di Bari, Maui, Italian, Di Bari, Paradise , California, Qiana Di Bari, New York, , Lahaina , Hawaii, Hawaiʻi, , Texas, Kihei
What it means to have a ‘Black job’ in America
  + stars: | 2024-08-04 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +5 min
Still, the discussion comes as Black workers have made significantly positive — and, in many cases, historic — employment advancements. “So, to suggest that immigration is lowering the black employment rate is just not bearing out, based on this superficial look at the facts,” Algernon said. The pandemic recovery and economic expansion since has resulted in wage gains for many workers, and that has included Black workers, she noted. “We talk a lot about the 2-to-1 ratio between Black and White unemployment (the Black unemployment rate typically is twice the White unemployment rate), so, the progress has been marginal in terms of that disparity.”In July, the unemployment rate for White workers was 3.8% (versus 6.3% for Black workers). “For example, according to BLS data, Black workers are just 12.8% of all employed Americans, but 48.4% of postal service workers, 38.1% of nurse assistants, and 36.1% of security guards,” Pollak said.
Persons: Donald Trump, Trump, , Algernon Austin, ” Algernon, there’s, that’s, It’s, Valerie Wilson, ” Wilson, , Julia Pollak, ZipRecruiter, ” Pollak Organizations: CNN, National Association of Black Journalists, Black, Center for Economic, Research, of Labor Statistics, Baby Boomers, BLS
That change in pay and benefits underscores the changing job outlook for the millions of American teen workers following the pandemic-induced labor crunch. Despite those efforts, she's at times seen teen employees leave for higher pay at chain rivals like Starbucks . 'The summer job is back'Whether it's a raise or financial support for education, these boons appear to be luring teens to the workforce. "The summer job is back," said Alicia Sasser Modestino, an associate professor of economics who studies youth development at Northeastern University. Gusto expects sports and recreation; education; and food and beverage to be popular summer job sectors for this age bracket.
Persons: Spencer Platt, Dailey Jogan, Jogan, Liz Wilke, Chipotle, Daniel Banks, Justin Sullivan, Banks, Erin Powell's, Powell, she's, Alicia Sasser Modestino, Gusto's Wilke, Wilke, today's, Olivia Locarno Organizations: Getty, Detroit, Employers, Grill, Northeastern University, Starbucks, Marist College, Amazon Locations: Coney, Brooklyn, New York City, California, San Rafael , California, Minnesota, New Jersey
The Federal Reserve now has egg on its face after it kept interest rates near a quarter-century high earlier this week. By now, there’s ample evidence that the job market, a key driver of the US economy, has lost steam. Here are three reasons to be worried about July’s shockingly weak jobs report — and one silver lining. Consumer demand itself also hasn’t weakened just yet, despite the highest interest rates in more than two decades. Generally, the Fed makes its decision congruent with what’s going on with inflation or the job market.
Persons: , July’s, , , Claudia Sahm, Sahm, Elizabeth Crofoot, Alicia Wallace, Jerome Powell, ” Crofoot, ” Michael Gapen, Matt Egan, weren’t, ” Truist’s Keith Lerner, they’ll, hasn’t, ” Chris Rupkey, Alan Blinder, Paul Krugman Organizations: New, New York CNN, Federal Reserve, Fed, Bloomberg, Bank of America, Dow, Nasdaq, Wall, Investors, Labor, Citigroup, JPMorgan Locations: New York, decelerate, American
Minneapolis CNN —For 90-plus years, the Parkway Theater has been a fixture in South Minneapolis, gathering generation after generation of patrons in front of its lone movie screen. The Parkway Theater of today is one part revival house cinema, one part performing arts venue, and another part community event space. Parkway Theater owners Ward Johnson (left) and Eddie Landenberger in the theater lobby in Minneapolis on July 8. Moviegoers at a drive-in movie theater in the parking lot of the Rose Bowl in Pasadena, California, on September 3, 2020. Still, cinema operators have to be cautious in their approach, said Kate Markham, administrative coordinator with Art House Convergence, a coalition of independent, community-oriented cinemas.
Persons: David Hancock, Omdia’s, , ” Hancock, “ Young Frankenstein ”, moviegoing, , Ward Johnson, Eddie Landenberger, Christian Meoli, , Ricard Gil, Michael Tullberg, ” Gil, “ Barbie, Ward, Alicia Wallace, ” Johnson, ” Andrew Sherburne, “ We’re, Meoli, there’s, showmen, Bing Guan, , Bill Campbell, showmen ”, Rich Daughtridge, they’ll, ” Campbell, Kate Markham Organizations: Minneapolis CNN —, Parkway, CNN, Omdia, Theater, Cinelounge, Wim, Queen’s University, Disney, El Capitan Theatre, Hollywood, Global Entertainment, Media, Blockbuster, Rose Bowl, Bloomberg, Independent Cinema Alliance, Orpheum, ICA, Art, cineplex Locations: Minneapolis, South Minneapolis, London, California, Canada, Los Angeles , California, , Iowa City , Iowa, That’s, Tiburon , California, Pasadena , California, Covid, Sheridan , Wyoming, Maryland
There are cracks forming in the US jobs market
  + stars: | 2024-08-02 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +9 min
CNN —The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal. Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth. The unemployment rate is expected to hold steady at 4.1%, according to FactSet consensus estimates. “This is a labor market that’s otherwise moderated,” Nick Bunker, director of North American economic research at Indeed, told CNN. The same goes for the prime-age labor force participation rate, which at 83.7% also is the highest in 23 years.
Persons: hasn’t, Jerome Powell, Nick Bunker, Powell, Nancy Vanden Houten, , , , , Madhavi Bokil, Indeed’s Bunker, Bunker, ” Elise Gould, ” Bunker, “ It’s, Julia Pollak, ” Pollak, can’t Organizations: CNN, Federal, of Labor, Challenger, Economic Policy Institute, Locations: Oxford
CNN —The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal. Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth. “This is a labor market that’s otherwise moderated,” Nick Bunker, director of North American economic research at Indeed, told CNN. Labor force participation/employment to population ratio: These metrics are key reasons why Bunker and others believe the labor market remains in good shape. The same goes for the prime-age labor force participation rate, which at 83.7% also is the highest in 23 years.
Persons: hasn’t, Jerome Powell, Nick Bunker, Powell, Nancy Vanden Houten, , , , , Madhavi Bokil, Indeed’s Bunker, Bunker, ” Elise Gould, ” Bunker, “ It’s, Julia Pollak, ” Pollak, can’t Organizations: CNN, Federal, of Labor, Challenger, Labor, Economic Policy Institute, Locations: Oxford
Supporters of Bharatiya Janata Party (BJP) hold party flags as they celebrate Narendra Modi's swearing-in ceremony on June 9, 2024. Sopa Images | Lightrocket | Getty ImagesThere is an "internal battle" happening within India's ruling Bharatiya Janata Party over inviting Chinese investments, as the country strives to become Asia's manufacturing powerhouse, Alicia Garcia-Herrero, chief Asia Pacific economist at Natixis said. This proposal was shot down by Trade Minister Piyush Goyal on Tuesday who said that there was "no rethinking at present" on allowing Chinese investments into India, Reuters reported. Experts told CNBC that Chinese investments are needed in India's solar panel and battery manufacturing sectors — two areas that a report, citing Indian government sources last week, mentioned could see easing restrictions on Chinese investments. India increased scrutiny on Chinese investments into the country, and also blocked several Chinese mobile apps including TikTok following the incident.
Persons: Narendra Modi's, Alicia Garcia, Herrero, Natixis, V Anantha, Piyush Goyal, Modi, Garcia, Rajesh Kumar Singh, Harsh, Pant, Tauseef Mustafa, Jaishankar, Punit Paranjpe Organizations: Bharatiya Janata Party, BJP, Asia, Trade, Reuters, CNBC, Department, Promotion of Industry, Internal, Bloomberg, ICT, Communication Technologies, New Delhi's Observer Research Foundation, Afp, Getty, India's Foreign, Adani Locations: Asia Pacific, China, India, Europe, loggerheads, Eastern Ladakh, Tokyo, U.S, Mundra
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat Meloni achieved in her China trip this week is a win-win for both countries: EconomistAlicia García-Herrero from Natixis discusses China-Italy trade relations as Prime Minister Giorgia Meloni visits Beijing this week after pulling Italy out of BRI last year.
Persons: Meloni, Alicia García, Giorgia Meloni Locations: China, Natixis, Italy, Beijing, BRI
The number of available jobs in the US is shrinking
  + stars: | 2024-07-30 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +1 min
That’s according to the latest Labor Department data on job openings, which edged back slightly in June. The monthly Job Openings and Labor Turnover Survey also showed that hiring activity sank, layoffs were muted and the number of people quitting their jobs hit a three-year low, according to data released Tuesday. In June, employers posted an estimated 8.18 million jobs, a total that was higher than what economists expected but marking a slight step back from the upwardly revised tally of 8.23 million openings in May. It’s the second-lowest monthly total seen so far this year. Economists were expecting job openings to shrink to 8 million, according to FactSet consensus estimates.
Persons: It’s Organizations: CNN, Labor
When my son was 4 years old in March 2020, we started lying with him to help him get to sleep. We'd curl up together in his crimson-red fire truck bed and talk about anything and everything. "Mommy, when you're an old granny, I'll tell my kids you were a wonderful mommy," he whispered to me one night. Melissa Noble and her husband cuddle with their kids before bed each night. We tried a few techniques half-heartedly, like having a consistent bedtime routine and weaning our support, but it never really worked.
Persons: We'd, Melissa Noble, cuddle, it's, Alicia Silverstone, he's, He's Organizations: Service Locations: lockdowns, Melbourne
The economics of the Olympics
  + stars: | 2024-07-26 | by ( Alicia Wallace | Alex | Leeds Matthews | ) edition.cnn.com   time to read: +12 min
“This will be the first Olympics, since Sydney, where the total costs are coming in under $10 billion,” said Victor Matheson, a College of the Holy Cross professor of economics who has researched the financial costs of the Olympics. Workmen adjust banners on the 3x3 basketball venue located at La Concorde, in Paris, ahead of the 2024 Olympic Games. Additionally, the Paris Olympic Village will be converted into offices and housing in a historically impoverished neighborhood. Still, economists say, it may take more drastic moves in the future for the Olympics to be truly sustainable and economically sound. “I love the Olympics, and I love sporting events, but I just really do not think that the way the Olympics works now is a viable business model,” Phalin said.
Persons: , Victor Matheson, , “ It’s, David Gray, Andrew Zimbalist, ” Zimbalist, Michael Kappeler, it’ll, Fabrice Coffrini, Zimbalist, , Amanda Phalin, Christian Petersen, I’m, ” Phalin, you’ve, it’s, Andrew Medichini, shuttlecocks, Matheson, Phalin Organizations: CNN, Olympic, Paralympic Games, Paris Games, of, IOC, La Concorde, Getty, Mexico City Games, Montreal Games, Smith College, Olympics, Oxford University, Audit Board, Tokyo, Eiffel, Paris, University of Florida’s Warrington College of Business, Games, of Investment, Development Authority, French, ” Workers, Palais, AP Paris Locations: Paris, Sydney, La, AFP, Mexico, Munich, ” Los Angeles, Tehran, Beijing, Sochi, France, , Lake Placid , New York, Lake Placid, , Los Angeles, Oklahoma
CNN —Yet another favorable piece of economic data shows that price hikes are slowing and that long-unruly inflation appears to be tamed. On a monthly basis, the price index increased by 0.1%, also landing in line with expectations. Falling energy prices, which dropped 2.1% from May, continued to help put a damper on overall inflation in June, as did goods prices, which dropped 0.2%. Food and services inflation increased just 0.1% and 0.2%, respectively, for the month. Taking inflation out of the equation, real spending was still up for the month, rising 0.2%.
Organizations: CNN, Federal Reserve, Commerce Department, Commerce
CNN —This year’s Olympics in Paris will be Andy Murray’s fifth – and final – appearance at the Games. Murray says he has played “some of my best tennis when I’ve competed for my country,” he tells CNN’s Christiane Amanpour. I’ve really enjoyed the whole team. And I’ve really enjoyed that,” he adds. I’m really happy about it.
Persons: Andy Murray’s, Murray –, Roland Garros, Dan Evans, Murray, I’ve, CNN’s Christiane Amanpour, , Murray doesn’t, Spain’s Rafael Nadal, Carlos Alcaraz, they’re, They’ve, Amanpour, , I’m, , it’s, Roger Federer, Argentina’s Juan Martín del, CNN’s Amanpour, Amélie Mauresmo, , I’d, she’s, It’s, what’s Organizations: CNN, Olympics, Wimbledon, Scotsman, Team, London, Locations: Paris, Swiss, Rio, Argentina’s Juan Martín del Potro
It’s becoming harder to get — and keep — a car
  + stars: | 2024-07-22 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +6 min
Cook did the math, made a pros and cons list, and bought a new car. Courtesy Greg CookHis car — the monthly payment, the fast-rising insurance, fuel and maintenance costs — takes up a 30% share of his monthly budget. And buying a car is no cakewalk either: Credit is increasingly harder to come by and rejection rates are spiking. Instead, consumers have been presented with a higher bar, including requirements for a heftier down payment and a higher credit score, he said. More restrictive lending typically equates to approval rates going down and rejection rates rising.
Persons: Greg Cook’s, he’d, I’ve, , Cook, Greg Cook, , Jeremy Robb, “ Everyone’s, Robb, David Paul Morris, they’re, repossessions Organizations: CNN, Cox Automotive, Federal Reserve Bank of New, Federal, Bloomberg, Getty Locations: Oregon, Federal Reserve Bank of New York, Richmond , California
TuesdaySeveral Senate candidates and House leaders joined Mr. Trump in the box over the course of Tuesday night. Eric Trump Donald J. Trump Senator J.D. Mr. Trump responded with applause, flanked by Mr. Vance and Representative Steve Scalise of Louisiana, the House majority leader. Walt Nauta, Trump’s valet Vanessa Trump Massad Boulos Ronan Anthony Villency Linda McMahon, business executive Kimberly Guilfoyle Kai Trump Eric Trump Lara Trump Michael Boulos Issac Perlmutter Laura Perlmutter Donald Trump Jr. Usha Vance Donald J. Trump Gov. Vance, Ohio Melania Trump Eric Trump Donald Trump Jr. Photo by Hiroko Masuike/The New York Times
Persons: Hiroko Masuike, Donald J, Trump’s, Trump, J.D, Vance of, Byron Donalds of, Katie Britt, Ala, Sarah Boulos, Ronan Anthony Villency, Massad Boulos, Tiffany’s, David Sacks, Donald Trump Jr, Kimberly Guilfoyle Eric Trump Lara Trump Tiffany Trump Michael Boulos, Tiffany's, Tucker Carlson, Byron Donalds, Ohio Mike Johnson, Kelly Johnson, Mike Johnson’s, Trump Sarah Boulos, Kimberly’s, Eric Trump Donald Trump Jr, Kimberly Guilfoyle Lara Trump Tiffany Trump Michael Boulos, Ohio Tucker Carlson, Trump Mike Johnson, Eric Trump, Lara Trump, Kimberly Guilfoyle, Tiffany Trump, Michael Boulos, Donald Trump , Jr, Vance, Mike Johnson, Massad, Ken Paxton, Markwayne Mullin, Okla, Marsha Blackburn, Ronny Jackson, Rick Scott, Brian Mast, Anna Paulina Luna, Matt Gaetz, Marjorie Taylor Greene, Cory Mills, Sarah Huckabee Sanders, Ark, Eric Trump Donald J, Tom Emmer, Elise Stefanik, Tiffany Trump Michael Boulos Eric Trump Donald J, Steve Scalise, Kyle Yunaska, Lara Trump’s, Robert Luke Yunaska, Michael Boulos Tiffany Trump Eric Trump Linda Ann Sykes, Lee Zeldin, Jim Banks, Eric Schmitt, Haiyun Jiang, Glenn Youngkin, Marco Rubio, Callista Gingrich, Newt Gingrich, Mary Miller, Dale Strong, Nicole Malliotakis, Lisa McClain, Callista Gingrich Amber Rose, Troy Nehls, Troy Nehls , Texas Ronan Anthony Villency Mike Johnson Isaac Perlmutter, Laura Perlmutter, Lauren Boebert, Jeanette Rubio, Marco Rubio’s, Greg Abbott, Monica De La, Monica De La Cruz , Texas Newt Gingrich, Todd Heisler, Vance’s, Usha Vance, Doug Burgum, Kai Trump, Trump's, ” Walt Nauta, Jason Smith, Mo, Boris Epshteyn, Ronan Anthony Villency Kai Trump Vanessa Trump, Kimberly Guilfoyle Linda McMahon, Lara Trump Usha Vance Eric Trump Michae, Laura Perlmutter Issac Perlmutter Donald J, Mike Johnson Gov, Texas Bev Vance, Walt Nauta, Vanessa Trump Massad Boulos Ronan Anthony Villency Linda McMahon, Kimberly Guilfoyle Kai Trump Eric Trump Lara Trump Michael Boulos Issac Perlmutter Laura Perlmutter Donald Trump Jr, Usha Vance Donald J, Mike Johnson Bev Vance, Jamie Kelter Davis, Ivanka, Jared Kushner, Melania, Ronan Anthony Villency Steve Witkoff, Dan Bongino, Kai Trump Laura Olaya, Tiffany Trump Michael, Vanessa Trump Jared Kushner Ivanka Trump, Hulk’s, Hulk Hogan Kimberly Guilfoyle Lara Trump Usha Vance, Vance , Ohio Melania Trump Eric Trump Donald Trump Jr Organizations: New York Times, Republican, Convention, Fox News, Trump, New York, House, Mr, Republicans, Rep, Michael, Tiffany Trump Gov, Texas Rep, Trump Rep, Gov, Republican National Committee, Ill, Monica De La Cruz , Texas Gov, Trump Gov, The New York, The New York Times, Daily Locations: Trump’s, Vance of Ohio, Byron Donalds of Florida, Fla, Vance, Ohio, Ala, Ken Paxton , Texas, Tenn, Texas, Ga, Vance , Ohio, Minn, N.Y, Massad, Louisiana, Bird , Iowa, La, Ind, Mo, Virginia, Marco Rubio of Florida, Mich, Troy Nehls , Texas, Colo, Monica De La Cruz , Texas, Va . Rep, North Dakota
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix's new ad tier and productive content will boost earnings, says Wedbush's Alicia ReeseAlicia Reese, VP of equity research at Wedbush Securities, joins CNBC's 'The Exchange' to discuss Netflix earnings expectations.
Persons: Wedbush's Alicia Reese Alicia Reese Organizations: Wedbush Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Virtus’ Joe Terranova, BNY’s Alicia Levine and BMO’s Brian BelskiVirtus’ Joe Terranova, BNY’s Alicia Levine and BMO’s Brian Belski, join 'Closing Bell' to discuss the midsummer market moves.
Persons: Virtus ’ Joe Terranova, BNY’s Alicia Levine, BMO’s Brian Belski Virtus, Joe Terranova, BMO’s Brian Belski Organizations: Virtus ’
Read previewDavid Duchovny said a director used a megaphone to tell him when to orgasm as he filmed the first sex scene of his career for the 1991 movie, "The Rapture." Duchovny's experience filming his first sex scene for "The Rapture" sheds light on the haphazard way they often filmed. AdvertisementRecalling shooting the scene, Duchovny said in an interview for Business Insider's Role Play series: "Forget about intimacy coordinators. Fine Line FeaturesDuchovny did not clarify whether director Michael Tolkin or another crew member used the megaphone. How's everybody going to be safe?
Persons: , David Duchovny, Sharon, Mimi Rogers, Randy, Duchovny, David Lynch's, Fox Mulder, I'm, Stéphanie, Michael Tolkin, Tolkin, Alicia Rodis, Hank Moody, we're Organizations: Service, Business, HBO Locations: Santa Monica
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