DIRS.INFO The most relevant business & tech news

☆ AI trade is at a 'short-term, tactical top', says Cantor Fitzgerald's Eric Johnston
▼ + stars: | 2024-06-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI trade is at a 'short-term, tactical top', says Cantor Fitzgerald's Eric JohnstonEric Johnston, Cantor Fitzgerald head of derivatives & cross asset, and Bob Elliott, Unlimited Funds CEO, join 'Closing Bell Overtime' to talk the days market action.

Persons: Cantor, Eric Johnston Eric Johnston, Cantor Fitzgerald, Bob Elliott Organizations: Unlimited Funds

☆ Willie Mays: Chants of ‘Willie! Willie!’ stretched to the heavens at MLB game honoring Negro Leagues and late legend
▼ + stars: | 2024-06-21 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +5 min

Willie Mays' son, Michael Mays, addresses the crowd aside baseball greats Ken Griffey Jr., left, and Barry Bonds, right. Approximately 60 Negro League players were in attendance – marking the largest official gathering of the league’s players in nearly 30 years, according to the MLB. A line of Negro League luminaries processed onto Rickwood Field before the game as “When the Saints Go Marching In” swelled through the stadium. Greason, who served as a mentor to teenaged Mays, told Fox Sports reporter Ken Rosenthal that Negro League players took to the field despite racism and segregation. “The overwhelming consensus is that Willie Mays is the greatest all-around player who has ever played,” veteran sportscaster Bob Costas told CNN.

Persons: Willie Mays, Mays, “, Willie, ”, of Famer Reggie Jackson, wouldn’t, Michael Mays, I’ve, he’s, Ken Griffey Jr, Barry Bonds, Vasha Hunt, Jon Batiste, Bill Greason, Eugene Scruggs, Pedro Sierra, Henry Collins, Lively, Brittney Spencer, Willie Jones, C.S, Armstrong, “ Todays, Masyn Winn, Ken Rosenthal, –, Babe Ruth, Bob Costas, San Francisco Mayor London Breed, Breed, CNN’s Ray Sanchez, Wayne Sterling, Kevin Dotson Organizations: CNN, Major League Baseball, Birmingham Black Barons, Negro Leagues, MLB, San Francisco Giants, St, Louis Cardinals, of Famer, Fox, Negro League, Saints, Batiste, Birmingham Barons, St Louis Cardinals, Cardinals, Giants, Neagro League, ” Cardinals, Fox Sports, Major League, Brooklyn Dodgers, New York Yankees, New York Giants, New York Mets, The Giants, San Francisco Mayor Locations: Birmingham, America, “ Birmingham, New York, San Francisco, Birmingham , Alabama, Rickwood

☆ Pennsylvania Sen. Casey warns Amazon, Target and Walmart over 'greedflation' pricing
▼ + stars: | 2024-06-21 | by ( Rob Wile | ) www.cnbc.com time to read: +4 min

Meanwhile, an average Pennsylvania family has paid almost $7,000 more "toward greedflation," Casey says. "Americans deserve to pay fair prices, and corporations must be held accountable for taking advantage of working families," he writes. NBC News has reached out to Amazon, Target and Walmart for comment. "Price increases that consumers have been confronted with have not been inflationary increases but, instead, greedflation-related increases," he writes. Amazon, Target and Walmart have each recently announced moves to lower prices for certain goods or release new value-based products.

Persons: Pennsylvania Sen, Bob Casey, Casey, Walmart's, Someone's, they're, Olivier Blanchard, Blanchard, Price, —, they've Organizations: Target, Walmart, NBC News, Amazon, NBC, Financial Times, Massachusetts Institute of Technology Locations: Pennsylvania, United States

☆ Reggie Jackson, on live TV from Rickwood Field, shares stark stories of racism
▼ + stars: | 2024-06-20 | by ( C. Trent Rosecrans | ) www.nytimes.com time to read: +9 min

Reggie Jackson played in Birmingham when he was in the minor leagues back in 1967. In his return to Rickwood Field, he shared his experience with racism and discrimination. Jackson played there just four years after four girls were killed in a bombing at the 16th Street Baptist Church. The Giants wore the uniform of the San Francisco Sea Lions, a Negro Leagues team that folded after its only season in 1946. Giants manager Bob Melvin played at Rickwood Field in parts of three seasons in the early 1980s as a minor-leaguer.

Persons: of Famer Reggie Jackson, Jim Crow, Jackson teared, “, ”, Jackson, ’, Charlie Finley’s, ’ Finley, ‘ We’re, we’re, Willie Mays, Reggie Jackson, ackson,, ollie, ou’re, haron, ove, ou,, hite, ike, ethel B, artin, uther, J, eague, eason, elvin, layed, aid., harley, ride,, riffey J r., ure, ike W, ilgore J r. Organizations: of Famer, Hollywood, Major League, Negro Leagues, Birmingham Black Barons, ust Locations: Birmingham, osh

☆ Older voters want candidates who will protect Social Security, poll finds. Yet parties are tied for their support
▼ + stars: | 2024-06-20 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Joe Biden and Donald Trump Getty ImagesVoters, ages 50 and up, will have a strong influence on the November election. Meanwhile, for older voters, ages 50 and older, Social Security is a top economic concern, the results found. "Democrats only have a three-point advantage on Social Security right now, so the parties are basically tied," said Jeff Liszt, partner at Impact Research. Many voters said they would be more likely to vote for a candidate who will protect Social Security, he noted. Democrats in Congress have proposed plans to make Social Security benefits more generous, which would be paid for by taking the wealthy.

Persons: Joe Biden, Donald Trump, Fabrizio Ward, Bob Ward, Jeff Liszt, — Organizations: Donald Trump Getty Images, Social, AARP, Social Security, Republicans, Impact, CNBC, Congress

“The president has gotten increasingly punchier in recent remarks about Trump and plans to carry that theme through to the debate,” one Biden campaign official said. (CNN debate rules stipulate that each candidate will have a pen, writing pad and a bottle of water at the podium.) Biden’s former chief of staff, Ron Klain, is taking the lead to help the president get ready to debate Trump, a Biden campaign official told CNN. In the last cycle, Biden aides were particularly sensitive to Trump attacking members of Biden’s family on the debate stage. But that doesn’t mean Trump shouldn’t, or isn’t preparing,” said a person close to Trump, who requested anonymity to speak candidly.

Persons: poring, Joe Biden, Donald Trump, Biden, Trump, ”, He’s, “ I’ll, ” Trump, “, David, Camp David, Biden’s, Ron Klain, Klain, Bruce Reed, Reed, Jeff Zients, Anita Dunn, Mike Donilon, –, ’ Trump, Ohio Sen, JD Vance, Marco Rubio, Eric Schmitt of Missouri, Trump’s, Susie Wiles, Chris LaCivita, Kellyanne Conway, Stephen Miller, National Intelligence Richard Grenell, Chris Christie, Bob Bauer –, ” Bauer, acclimate Biden, Kate Bedingfield, Hunter, Jason Miller Organizations: CNN, Trump, White, Biden, Gatorade, peruse, Democratic, hourlong, Mar, Sens, Republican National Committee, Republicans, Capitol Hill, National Intelligence, New, New Jersey Gov, White House, “ Locations: Atlanta, Racine , Wisconsin, Maryland, Camp, hourlong State, East, Ukraine, Ohio, Marco Rubio of Florida, Washington ,, New Jersey, Philadelphia, Pennsylvania

☆ An airline startup that hopes to fly Airbus A380s between New York and London is delaying its launch to 2025
▼ + stars: | 2024-06-20 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewUK-based startup Global Airlines, which planned to begin flying Airbus A380s between New York and London as early as summer 2024, is already delaying its launch to 2025. "[Operations] and maintenance timelines, like for any airline, have led us to reappraise when we'll be operational," the spokesperson said. Global Airlines' first Airbus A380 at Glasgow Prestwick Airport. The carrier recently announced a chauffeur service that it hopes will set it apart from the competition.

Persons: —, FlightGlobal, James Asquith, Bob Logan, Asquith Organizations: Service, Global Airlines, Business, Global, China Southern Airways, Glasgow Prestwick Airport, Air, Thai Airways, Airbus, Qatar Airways, Emirates, . Global Airlines, Prestwick Aviation Locations: New York, London, Scotland, Air France, Prestwick

☆ Bob Good Trails in Battle for His Virginia Seat, but Primary Remains Too Close to Call
▼ + stars: | 2024-06-20 | by ( Annie Karni | ) www.nytimes.com time to read: +1 min

Representative Bob Good, Republican of Virginia and the chairman of the ultraconservative House Freedom Caucus, was fighting on Thursday to hang onto his seat, as his primary race against a challenger backed by former President Donald J. Trump remained too close to call. The contest between two election deniers, which has turned ugly and personal, was potentially headed for a recount that could drag on for weeks. Mail-in votes were still being counted, and Mr. Good said he could still prevail. Virginia does not have a requirement for an automatic recount, but if the winner is ahead by less than 1 percent, either candidate can request one. It was a rare instance in which both candidates in a photo-finish race had promoted the lie that Mr. Trump won the 2020 presidential election, raising questions about whether either would accept an adverse outcome in his own contest.

Persons: Bob Good, Donald J, Trump, John J, McGuire, Good, Mr, Kevin McCarthy Organizations: Republican, Caucus, Navy, Mr, Associated Press . Mail, Trump Locations: Virginia

☆ Meet the hobbyists who collect barf bags
▼ + stars: | 2024-06-19 | by ( Aj Willingham | ) edition.cnn.com time to read: +12 min

CNN —“I collect barf bags” is not a complete sentence. “I collect barf bags because they’re pretty neat.”“I collect barf bags, and I’m not the only one.”Of the eight billion people on the planet, the number of serious barf bag collectors is just north of 100, according to notable members of their ranks. The ineffable whyWhen Steve Silberburg started collecting barf bags around 1981, he thought he would be the only one. People were indeed amused, but it had an unintended side effect: Classmates started bringing Silberburg other barf bags to add to his collection. “We don’t want anybody to get ahead of us, you know.”“It makes a good litmus test, telling people you collect barf bags,” Silberburg says.

Persons: CNN —, I’m, Dramamine —, Steve Silberburg, ”, ” Silberburg, Silberburg, Eli Cox, “ It’s, that’s, Cox, “, Bob Grove, Bruce Kelly, Grove, Bob Grove's tastefully, Dramamine Bruce Kelly, Grove’s, “ I’ve, ” Kelly, Kelly, somebody’s, it’s, Bruce Kelly's, Gilmore Schjeldahl, Louis, ” Bruce Kelly, ’ Organizations: CNN, Maine, Finn Aviation, TWA Locations: “, New York City, Boston, San Francisco, Austin , Texas, San Diego, Tijuana, Burma, Myanmar, American, North Dakotan, Finnish, Omaha, St, England, Japan, Europe

☆ The cliffhanger House primary that reveals everything about Trump’s GOP
▼ + stars: | 2024-06-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +7 min

Trump is angry at Good, the chair of the hard-line House Freedom Caucus, because he initially endorsed Florida Gov. But he authored his own demise by getting crosswise with two key forces in the riotous Republican House majority — the ex-president and McCarthy, whose still potent financial machine is on a revenge tour. While he was estranged from Trump, Good campaigned as though he and the former president were on the same side. This is a time to rally behind President Trump,” Good said. We’re all behind President Trump.

Persons: CNN —, Donald Trump’s, Bob Good –, Trump, Sen, John McGuire, Ron DeSantis, Kevin McCarthy, McGuire, “, ”, Good, he’d, McCarthy, James Madison, James Monroe –, he’s, Bob Good, Virginia, ” Trump, that’s, Mitch McConnell, “ Trump, –, Mark Meadows, CNN’s Manu Raju, DeSantis, Joe Biden, Trump’s GOP McGuire, ” McGuire, Trump’s, “ I’m, trifecta Organizations: CNN, Republican Party, GOP, Congressional, Caucus, Florida Gov, California Republican, Republican, Capitol, Senate, Freedom Caucus, Trump’s GOP, Trump, “ CNN, Navy Locations: Virginia’s, Virginia, California, New York, Washington, Lynchburg, Iowa, Trump’s, Lago

☆ These employees moved across the country for work, then Disney canceled the project. Now they’re suing.
▼ + stars: | 2024-06-19 | by ( Natasha Chen | ) edition.cnn.com time to read: +3 min

CNN —Two employees are suing the Walt Disney Company, saying the company moved their jobs from California to Florida, only for Disney to cancel the project and move them back, hurting them financially and emotionally. But in May 2023, after CEO Bob Iger returned, the company canceled the $1 billion Lake Nona office complex amid a legal and political battle with Republican Gov. The plaintiffs, Maria De La Cruz and George Fong, both work for Disney’s product design division. The complaint alleges that Disney misrepresented and concealed its true plans for the Lake Nona project, hurting – financially and otherwise – at least 250 employees who had made the move from California to Florida. De La Cruz, Mr. Fong and many others dutifully moved to Florida because they love their jobs, they love the people they work with, and they love Disney,” Attorney Jason Lohr said.

Persons: They’re, Bob Chapek, Bob Iger, Ron DeSantis, Maria De La Cruz, George Fong, De La Cruz, Fong, Lohr Ripamonti, Disney, –, Disney “, De, Ms, Jason Lohr Organizations: CNN, Walt Disney Company, Disney, Republican Gov, Lohr, Superior Court of, Lake, Florida Locations: California, Florida, Nona, Superior Court of Los Angeles, De La, Southern California, Central Florida

☆ Boeing Starliner: Two astronauts wait to come home amid spacecraft issues
▼ + stars: | 2024-06-19 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

Spaceflight veterans Suni Williams and Butch Wilmore arrived at the space station aboard the Starliner on June 6. It’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months. But the situation makes for a moment of uncertainty and embarrassment that joins a long list of similar blunders by the Boeing Starliner program, which is already years behind schedule. The Starliner spacecraft on NASA's Boeing Crew Flight Test is pictured docked to the Harmony module's forward port on June 13 as the International Space Station orbited 262 miles above Egypt's Mediterranean coast. The first Starliner test mission, flown without crew in late 2019, was riddled with missteps.

Persons: CNN —, Suni Williams, Butch Wilmore, Williams, Wilmore, it’s, “, ”, Steve Stich, Mark Nappi, It’s, Stich, Starliner, Wilmore —, Robert Behnken, Douglas Hurley, Joel Kowsky, Bob Behnken, Doug Hurley —, Hurley, Behnken’s, ” Stich, Michael Lembeck, Lembeck, —, Dragon, ” Lembeck, ” Nappi, “ Everything’s, ” Williams Organizations: CNN, NASA, International, Spaceflight, Boeing, NASA's Boeing, Harmony, SpaceX, International Space, University of Illinois Locations: firma, University of Illinois Urbana, Champaign

☆ CNBC Daily Open: Nvidia unseats Microsoft as world's most valuable company
▼ + stars: | 2024-06-19 | by ( Abid Ali | ) www.cnbc.com time to read: +5 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The shift presents challenges for tech-focused ETFs and could affect their holdings of heavyweights like Nvidia , Microsoft , and Apple . Markets are pricing in at least two rate cuts this year, while Fed officials have indicated only one rate cut is likely. Nvidia takes the crown Nvidia on Tuesday surpassed Microsoft to become the world's most valuable public company with a market cap of $3.34 trillion. Federal Reserve Governor Adriana Kugler signaled the likelihood of a rate cut later this year.

Persons: Dave Calhoun, Josh Hawley, Calhoun, Hawley, Paul Ashworth, Susan Collins, Collins, Adriana Kugler, " Kugler, Jeff Cox, Cox, Claudia Sahm, —, Kif Leswing, Bob Pisani, Leslie Josephs, Alex Harring, Samantha Subin, Spencer Kimball, Yun Li, Lim Hui Jie Organizations: New York Stock Exchange, CNBC, Nvidia, Microsoft, Apple, Federal Reserve, Fed, Boeing, Federal, North, Capital Economics, Boston Federal, Peterson Institute for International Economics Locations: New York City, U.S, North America, Boston, Lawrence , Massachusetts, Washington

☆ Biden to announce new executive action protecting immigrant spouses and children of US citizens
▼ + stars: | 2024-06-18 | by ( Michael Williams | ) edition.cnn.com time to read: +7 min

Under current federal law, an undocumented person who enters the United States and marries a US citizen must first request parole before applying for legal residency. Lawful permanent residency, commonly known as obtaining a green card, allows immigrants to live and legally work in the United States. Some Democrats in the Senate praised Biden’s executive order while those in vulnerable seats tried towing a line. Sen. Bob Casey, a Democrat in a vulnerable seat, also declined to say if he supports Biden’s executive order. However, he did praise Biden’s executive order from earlier this month aimed at restricting border crossings.

Persons: Washington CNN —, Biden, Barack Obama, Donald Trump, Biden’s, it’s, Donald Trump’s unforgivable, ” Biden, Julie Chavez Rodriguez, “, –, ” Todd Schulte, ” Muzaffar Chishti, John Thune, ” Thune, they’ll, ” Sen, Thom Tillis, Tillis, Sen, Elizabeth Warren, ”, Sherrod Brown, Bob Casey, “ I’ve, – I, CNN’s Sam Fossum, Kayla Tausche, Lauren Fox, Morgan Rimmer, Manu Raju Organizations: Washington CNN, CNN, Migration Policy Institute, Republican, Congress Locations: Arizona , Nevada, Georgia, United States, Ohio

☆ Nvidia is shaking up this big tech ETF. Here’s what it means for investors
▼ + stars: | 2024-06-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The usual rebalancing of the S & P 500 index and the exchange traded funds around it is a quarterly event occurring Friday. There are exchange-traded funds that follow the broad market benchmark and ETFs that track the S & P 500 sector indexes, including technology. The S & P 500 indexes are pure indexes. Nvidia could become 99% of the S & P 500 by market capitalization, and it would be reflected in the index. This trio dominates the S & P 500 technology index.

Persons: Dow, Matthew Bartolini, Bartolini, We've Organizations: Nvidia, Microsoft, Apple, SPDR Technology, Broadcom, P Technology, SPDR, SPDR Americas Research, Regulators Locations: Americas, SPDR Americas

☆ Champion Celtics were more than their dynamic duo, making for sweetest of victory cigars
▼ + stars: | 2024-06-18 | by ( Steve Buckley | ) www.nytimes.com time to read: +5 min

The 2023-24 Boston Celtics, newly crowned champions of the NBA, are a case in point. GO DEEPER Celtics beat Mavs, win 18th NBA championshipBut no team in Celtics history had to work to make it happen the way these guys did. THE BOSTON CELTICS ARE NBA CHAMPIONS 🏆🍀 pic.twitter.com/10iSWsN91P — The Players' Tribune (@PlayersTribune) June 18, 2024But the 2023-24 Celtics were more than those guys, even if those guys were the stars. Yes, the Celtics seemed poised to register a four-game NBA Finals sweep of the Mavericks until being blown out in Game 4 in Dallas. Celtics coach Joe Mazzulla kept saying, in so many words, “Don’t worry.” The result was an epic Garden party Monday night.

Persons: BOSTON — Long, Red Auerbach, Hoyo, Jayson Tatum, Paul Pierce, Brown, Larry Bird, Bob Cousy, Mavs, Tatum Organizations: BOSTON, Boston Celtics, Monterrey, NBA, Dallas Mavericks, Celtics, Miami, Eastern Conference, THE BOSTON CELTICS

☆ Bob Menendez: Top federal prosecutor in New Jersey tells jury senator never pressured him
▼ + stars: | 2024-06-18 | by ( Gregory Krieg | Sabrina Souza | ) edition.cnn.com time to read: +6 min

Menendez hoped that if I became US attorney, that I would look at (the Daibes case) carefully,” Sellinger said. That testimony came up again Tuesday when Menendez attorney Avi Weitzman pressed Sellinger on the nature of that interaction. This time, Sellinger told Solimon that he would not, after all, need to recuse himself from the Daibes case if he was nominated and confirmed. “If you call Sellinger,” Solimon said he told Menendez after the meeting, “you’ll be comfortable with what he says.”With Suarez’s chances sunk, Menendez recommended Sellinger for the job he had wanted all along. Solimon told Menendez he would contact Sellinger, he testified, but never did.

Persons: Sen, Bob Menendez, Menendez, Philip Sellinger, Sellinger, Fred Daibes, “, “ Sen, ” Sellinger, Avi Weitzman, ”, Weitzman, Nadine, Wael Hana, Nadine Menendez, Jose Uribe, Michael Soliman, Soliman, Esther Suarez, Phil Murphy’s, Murphy, Al Alvarez, Suarez, Alvarez, General Gurbir Grewal, Grewal, Biden, Solimon, ” Solimon, “ I’m, ” Menendez, – Organizations: CNN, District of, Daibes, Democratic Gov, New, White, Justice Department, United, ” Prosecutors Locations: Jersey, District of New Jersey, New Jersey, Qatar, American, Hudson County, Solimon, United States

☆ U.S. crude oil holds above $80 per barrel after starting week with strong gains
▼ + stars: | 2024-06-18 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil held above $80 per barrel on Tuesday, after starting the week with strong gains. In a note to clients, Bob Yawger, executive director of energy futures at Mizuho Securities, cautioned that the rally in energy prices may largely be speculators covering short positions. Yesterday was the exception that proved the rule," Tamas Varga, an analyst with oil broker PVM, wrote in a note Tuesday. Oil prices had recently declined partly because of a decision by OPEC+ members to start rolling barrels back onto the market in the fourth quarter. Now oil is rising as analysts see the market tightening in the third quarter on expectations that summer fuel demand will draw down inventories.

Persons: Bob Yawger, Tamas Varga, PVM, Ryan McKay Organizations: West Texas, Oil, Mizuho Securities, TD Securities Locations: China, OPEC

☆ Virginia GOP primary between House caucus chair and Trump-backed challenger too early to call
▼ + stars: | 2024-06-18 | by ( Arit John | Eric Bradner | ) edition.cnn.com time to read: +5 min

CNN —The Republican primary race between Virginia Rep. Bob Good, the House Freedom Caucus chair who angered allies of former President Donald Trump and former Speaker Kevin McCarthy, and state Sen. John McGuire was too early to call Tuesday night. The congressman from Virginia’s 5th Congressional District has faced a fierce effort to knock him out from a broad swath of the GOP in what became the most expensive House Republican primary of the cycle. Vindman’s role in Trump’s impeachment likely made a difference in his campaign. After spending most of his career in Illinois, Bondar moved to Texas in 2020, living outside Dallas – where he voted in this March’s Republican primary. State voting records show Bondar’s early in-person ballot in his primary race is the first time he has voted in Oklahoma.

Persons: Bob Good, Donald Trump, Kevin McCarthy, Sen, John McGuire, McCarthy, Good, Ron DeSantis, McGuire, we’re, ”, Trump’s, Eugene Vindman, Abigail Spanberger, Alexander Vindman, Volodymyr Zelensky, Trump, Hunter Biden, Joe Biden, –, National Security Council –, Vindman’s, Cole, Tom Cole, Paul Bondar, Bondar, impeaching Trump, “, ” Trump, Dallas –, Paul Bonder, Cheyenne Stanley, he’d Organizations: CNN, Republican, Virginia Rep, Congressional, GOP, Florida Gov, Democratic, Eugene, Virginia’s, Congressional District, Trump, Ukrainian, National Security Council, CIA, Oklahoma, Cole Americans, Security, PAC, University of Oklahoma, University of Texas, State, Longhorn Locations: Virginia’s, Oklahoma, Illinois, Texas, Dallas, Caddo

☆ Watch now: ETF Edge on India, Ethereum & Gamestop... Plus, Kyla Scanlon on her "Vibecession"
▼ + stars: | 2024-06-17 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 1:15 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.

Persons: Bob Pisani Organizations: Edge

☆ 'Inside Out 2' saved the summer box office — and proved Pixar was right to lean on sequels
▼ + stars: | 2024-06-17 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDisney proved it still has some box-office firepower this weekend with Pixar's "Inside Out 2." The film had the biggest three-day opening weekend of the year, grossing $155 million domestically and $295 million worldwide. That's also the second-biggest domestic opening ever for an animated movie, behind another Pixar title, 2018's "Incredibles 2" ($182.6 million). AdvertisementClearly, now that Pixar movies are back in theaters, they're going to be playing everywhere — and that strategy is working.

Persons: —, That's, Will Smith, Luca, Oscar, Riley, Bing Bong, it's, It's, Alisha, Bob Iger, Raya, John Krasinski's, you'll, Indiana Jones Organizations: Service, Pixar, Business, Disney, Hollywood Locations: Oklahoma

☆ Nigel Farage: The US-style migration debate taking over Britain’s election
▼ + stars: | 2024-06-16 | by ( Rob Picheta | ) edition.cnn.com time to read: +14 min

“It’s a bit like God’s waiting room.”But Clacton is the front line of Britain’s migration debate. The Reform leader uses divisive language on migration, warning supporters of what he calls an "invasion" of asylum seekers. Despite years of tough rhetoric and policies aimed at deterring the arrival of asylum seekers – devised largely to placate Farage’s supporters – Britain’s asylum system is creaking. Laws prevent most asylum seekers from working, so while taxpayers fund their accommodation, they cannot contribute formally to the economy. That could widen even further the chasm in understanding between his voters and Britain’s asylum seekers, experts fear.

Persons: ” Danny Botterell, Nigel Farage, BEN STANSALL, Donald Trump, Nigel, ” Botterell, “, Farage, ” Farage, –, Rob Picheta, CNN Britain’s, Rishi Sunak’s, ” Zoe Gardner, “ Farage, “ They’ll, ”, Louise Brockwell, Danny Botterell, David Cameron –, Europe –, Sunak, Cameron, Farage’s, ted Britain’s, France –, ” Gardner, Masood, they’re, ” Masood, Brexit, Douglas Carswell, ” Carswell, ” “ There’s, Carswell, Bob Brace, Farage's, hasn’t, Jack, can’t, you’re, Bridget Tyril, Roy Whitehead, Keir Starmer, “ It’s, they’ve, Karen French, “ I’ve, He’s, James Johnson, Theresa May’s, pollster, Queen Elizabeth II, restauranter Dean Coles, Jehosh, Gardner Organizations: England CNN —, Seagulls, CNN, Getty, Clacton, Labour, Brexit Party, Tories, Jays, Sky News, Times, Home Office, Conservative, UKIP, EU, Brexit, Mississippi Center for Public, John, People, Trump, Downing, Partners, “, Conservatives Locations: Clacton, England, Clacton Pier, Europe, ”, London, “, AFP, United States, Britain, Westminster, India, France, Bibby Stockholm, Kent, Afghanistan, UAE, Essex, Jaywick, It’s France, Netherlands, Germany

☆ More parents are taking on debt to pay for Disney vacations as prices soar
▼ + stars: | 2024-06-16 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Lending Tree surveyed Americans about how vacationing at Disney World impacts their finances. Nearly 50% of parents with children under 18 go into debt for Disney trips. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs prices soar, some parents are emptying their bank accounts for a trip to Disney. Disneyland raised ticket prices in 2023 and Disney World is expected to increase costs in 2025.

Persons: —, Bob Iger Organizations: Disney, Service, Business

☆ As Social Security faces looming fund depletion, there's fierce debate over whether a commission can help
▼ + stars: | 2024-06-15 | by ( Lorie Konish | ) www.cnbc.com time to read: +9 min

"A vote for a commission is a vote to cut Social Security," the man shouted before he was escorted off the floor. How the last major reforms, in 1983, came togetherPresident Ronald Reagan signs the Social Security Act Amendment into law on April 20, 1983. The changes involved taxes on Social Security benefits, increases to payroll tax rates, a future increase to the retirement age and a near-term postponement of cost-of-living adjustments. Social Security Commission Chairman Alan Greenspan, left, shakes hands with Sen. Charles Grassley, R-Iowa, prior to a Social Security hearing on Feb. 15, 1983. Lawmakers divided on best path forwardToday, lawmakers are divided on the best path forward to address Social Security.

Persons: —, Scott Peters, Peters, Bill Huizenga, Joe Manchin, Mitt Romney, — Rep, John Larson, Connecticut —, It's, " Larson, Larson, Nancy Altman, Ronald Reagan, Alan Greenspan, Greenspan, Jim Baker, Reagan, Tip O'Neill, Robert M, Ball, O'Neill, Sen, Charles Grassley, Bob Dole, John Danforth, Altman, Bruce D, Schobel, Elizabeth Warren, Bernie Sanders, California —, they're, Hakeem Jeffries, Conn, Brian Higgins, Jimmy Gomez, Jeffries, Dan Kildee, Richard Neal, Tom Williams Organizations: iStock, Social, Social Security, AARP, CNBC, Rep, Democratic, Corbis, National Commission, Social Security Reform, Greenspan, Federal Reserve, House, White, Finance, Economic Policy Institute, Republican, Greenspan Commission, Senate Finance, Bettmann, Getty, Congress, Democratic House, White House, Democrats, Security, Capitol Visitor Center, CQ, Inc Locations: Sens, R, Utah, Connecticut, Massachusetts, Iowa, California, D

☆ How a ‘Committed Partisan Warrior’ Came to Rethink the Political Wars
▼ + stars: | 2024-06-15 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

Once, after he executed a particularly tough-minded legal attack on Republicans, Bob Bauer remembers, a conservative magazine called him an “evil genius.” He took it as a compliment. Mr. Bauer was their man. But now Mr. Bauer, the personal attorney for President Biden and previously the White House counsel for President Barack Obama, is looking back and rethinking all that. Maybe, in taking the “genius” part to heart, he should have been more concerned about the “evil” part. And in the process of thinking about what went wrong, Mr. Bauer, who calls himself a “committed partisan warrior,” has stopped to wrestle with his own role in the wars.

Persons: Bob Bauer, ”, “, Bauer, Biden, Barack Obama Organizations: White

Search resuls for: "Bob"

25 mentions found