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☆ As a weakening consumer threatens travel, hold on Carnival: New Street Advisors CEO Delano Saporu
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAs a weakening consumer threatens travel, hold on Carnival: New Street Advisors CEO Delano SaporuDelano Saporu, New Street Advisors founder and CEO, joins 'The Exchange' to discuss Nike's softening brand momentum, Carnival Cruises having its best year since 1998, and more.

Persons: Delano Saporu Delano Saporu Organizations: New Street, New Street Advisors, Cruises

☆ Saporu: Macroeconomic headwinds haven't been fully priced into the markets yet
▼ + stars: | 2023-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaporu: Macroeconomic headwinds haven't been fully priced into the markets yetDelano Saporu, Founder and CEO of New Street Advisors Group, discusses how to navigate the markets amid rising rates.

Persons: haven't, Delano Saporu Organizations: New Street Advisors

They gave everything from their pensions on, and they saved the automobile industry,” Biden said Monday from the White House. Biden is also leaning in on his union support at a time when labor enjoys broad support from the public, with 67% of Americans approving of labor unions in an August Gallup poll. White House officials dismissed the notion that Trump forced their hand and noted that Biden was headed to Michigan at the request of UAW President Shawn Fain, who last week invited the sitting president to join the strikers. “He is pro-UAW, he is pro-workers, that is this president,” White House press secretary Karine Jean-Pierre said Monday. Dave Ellis, who stocks parts at the distribution center, said he’s happy Biden wants to show people he’s behind the middle class.

Persons: Joe Biden’s, Franklin Delano Roosevelt, Harry Truman, Theodore Roosevelt, Roosevelt, Biden, —, ”, Erik Loomis, “, ” Biden, Donald Trump, Gallup, Trump, President Trump, Joe Biden, Jason Miller, Shawn Fain, Karine Jean, Pierre, Carolyn Nippa, ” Nippa, “ I’m, Dave Ellis, he’s, Ellis, Gene Sperling, Julie Su, ___ Krisher, Jill Colvin Organizations: WASHINGTON, United Auto Workers, Democratic, The, University of Rhode, UAW, White, Republican, Biden, ”, Trump, Labor, Associated Press Locations: Las Vegas, The Palms, University of Rhode Island, Detroit, California, Hollywood, Michigan, Pennsylvania, Palestine, Ohio, Van Buren Township , Michigan, Washington, Summerville , South Carolina

☆ Biden will join striking auto workers on the picket line in Detroit — the first time a sitting US president has done so
▼ + stars: | 2023-09-26 | by ( Associated Press | ) www.businessinsider.com time to read: +8 min

Biden will join the striking United Auto Workers on the picket line — a first for any president. Trump, like Biden, will also head to Detroit and hold an event to garner support for his 2024 run. Many unions have endorsed Biden but blue-collar workers are split on who they're voting for. "He is pro-UAW, he is pro-workers, that is this president," White House press secretary Karine Jean-Pierre said Monday. She said it was "great that we have a president who wants to support local unions and the working class."

Persons: Biden, Trump, —, Joe Biden's, Franklin Delano Roosevelt, Harry Truman, Theodore Roosevelt, Roosevelt, Donald Trump, autoworkers, Erik Loomis, Matt Rourke Biden, Gallup, Julie Chavez Rodriguez, Cesar Chavez, President Trump, Joe Biden, Jason Miller, Shawn Fain, Karine Jean, Pierre, Carolyn Nippa, Nippa, Dave Ellis, he's, Ellis, Gene Sperling, Julie Su Organizations: United Auto Workers, Service, Republican, Democratic, The, University of Rhode, UAW, White, General Motors, Associated Press, United Farm Workers, Biden, Trump, Labor Locations: Detroit, Las Vegas, The Palms, University of Rhode Island, California, Hollywood, Pennsylvania, Michigan, Palestine, Ohio, Van Buren Township , Michigan, Washington

☆ Saporu: The barbell investment strategy works best in this environment
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaporu: The barbell investment strategy works best in this environmentDelano Saporu, Founder and CEO of New Street Advisors Group, discusses what's driving the markets and where he'd put money to work.

Persons: Delano Saporu, he'd Organizations: New Street Advisors

☆ Cybersecurity issue prompts computer shutdowns at MGM Resorts properties across US
▼ + stars: | 2023-09-11 | by ( ) www.cnbc.com time to read: +1 min

The Bellagio hotel and casino in Las Vegas, Nevada, on Friday, July 28, 2023. A "cybersecurity issue" led to the shutdown of some casino and hotel computer systems at MGM Resorts International properties across the U.S., a company official reported Monday. "MGM Resorts recently identified a cybersecurity issue affecting some of the company's systems," the company said in a statement that pointed to an investigation involving external cybersecurity experts and notifications to law enforcement agencies. The nature of the issue was not described, but the statement said efforts to protect data included "shutting down certain systems." The company has tens of thousands of hotel rooms in Las Vegas at properties including the MGM Grand, Bellagio, Cosmopolitan, Aria, New York-New York, Park MGM, Excalibur, Luxor, Mandalay Bay and Delano.

Persons: Brian Ahern Organizations: MGM Resorts, MGM, Bellagio, Cosmopolitan, Park MGM Locations: Bellagio, Las Vegas , Nevada, U.S, Las Vegas, Maryland , Massachusetts, Michigan , Mississippi , New Jersey , New York, Ohio, Nevada, , New York, New York, Luxor, Mandalay Bay, Delano, China, Macau

LAS VEGAS (AP) — A “cybersecurity issue” led to the shutdown of some casino and hotel computer systems at MGM Resorts International properties across the U.S., a company official reported Monday. “MGM Resorts recently identified a cybersecurity issue affecting some of the company’s systems," the company said in a statement that pointed to an investigation involving external cybersecurity experts and notifications to law enforcement agencies. The nature of the issue was not described, but the statement said efforts to protect data included “shutting down certain systems." A post on the company website said the site was down. The company has tens of thousands of hotel rooms in Las Vegas at properties including the MGM Grand, Bellagio, Cosmopolitan, Aria, New York-New York, Park MGM, Excalibur, Luxor, Mandalay Bay and Delano.

Persons: ”, Brian Ahern Organizations: LAS VEGAS, MGM Resorts, MGM, Bellagio, Cosmopolitan, Park MGM Locations: U.S, Las Vegas, Maryland , Massachusetts, Michigan , Mississippi , New Jersey , New York, Ohio, Nevada, , New York, New York, Luxor, Mandalay Bay, Delano, China, Macau

☆ Why do we work 9 to 5? The history of the eight-hour workday
▼ + stars: | 2023-09-09 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

Here is a (highly) abbreviated rundown of how US society settled (so far anyway) on an eight-hour workday. The strike failed … but four years later US Steel reduced its workday from twelve to eight hours.”Pioneering employers — and a six-hour workday — make wavesIn 1926, the Ford Motor Company, under the leadership of Henry Ford, famously instituted an eight-hour-a-day, five-day workweek. Kellogg decided in 1930 to institute six-hour shifts in place of eight-hour shifts, with some reduction in workers’ pay. Kellogg’s move attracted national attention, and soon there was a push to federally legislate a six-hour workday. Hunnicutt interviewed several Kellogg workers about why they returned to a longer workday.

Persons: Dolly Parton, ” It’s, wasn’t, Benjamin Hunnicutt, Robert Whaples, Whaples, —, Henry Ford, “, ”, Kellogg, Hunnicutt, Kellogg’s, Franklin Delano Roosevelt, FDR, didn’t, ” Hunnicutt, Gen, It’s Organizations: New, New York CNN, University of Iowa, Wake Forest University, Economic, US Steel, ”, Ford Motor Company, Senate, Industrial, Labor, Fair Labor, Act, Kellogg Locations: New York, United States

☆ Would a conviction sink Trump? These Republicans are convinced
▼ + stars: | 2023-08-21 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

The question alarming many Trump-skeptical Republicans this week is whether Americans would ever send a convict to the White House. Sununu dismissed national polls that show Trump’s support among Republicans well over 50% and said to look at polling in early contest states. A new poll in Iowa by the Des Moines Register/NBC News/Mediacom suggests Trump has the support of 42% of likely Republican caucusgoers. Opposing views of Trump’s supportCNN’s Harry Enten looked at that Iowa poll and argues that much of Trump’s support is committed. Two-thirds of the likely caucusgoers who say they will support Trump also say their mind is made up.

Persons: Trump, J, Michael Luttig, Joe Biden, ”, Sen, Bill Cassidy, Cassidy, couldn’t, Scott Jennings, Jennings, Luttig, Tucker Carlson, It’s, Chris Sununu, …, ” Sununu, Joe Biden’s, Trump’s, bilking, Franklin Delano Roosevelt, Sununu, That’s, caucusgoers, Ron DeSantis, South Carolina Sen, Tim Scott, Harry Enten, What’s, Donald Trump can’t, –, ” Enten, Biden, “ Donald Trump Organizations: CNN, Trump, New, Louisiana Republican, Republicans, Republican, White, Quinnipiac University, GOP, –, Fox News, New Hampshire Gov, The New York Times, statehouse, Sunday, Democratic Party, Des Moines Register, NBC, caucusgoers ., caucusgoers . Florida Gov, South Locations: Atlanta, Milwaukee, New York, Florida, Iowa, New Hampshire, Washington ,, Georgia, Louisiana, “ State, America, “ Both Iowa, caucusgoers . Florida, South Carolina, caucusgoers

☆ These kids get free vacations thanks to their YouTube fame. But what happens behind the scenes?
▼ + stars: | 2023-08-15 | by ( Lilit Marcus | ) edition.cnn.com time to read: +13 min

McCarty started a campaign called Quit Clicking Kids, aimed at stopping people using children on social media for monetary gain, in 2022. Child labor rights in the United States, from the factory to the internet: A timeline 1904 The National Child Labor Committee is founded, with the goal of ending all child labor. 1916 The first child labor bill – the Keating-Owen Act – is passed, which bans the interstate sale of any article produced with child labor and regulates the number of hours a child could work. In May 2023, the US Surgeon General’s office issued an advisory about social media and kids’ mental health. And for too many children, social media use is compromising their sleep and valuable in-person time with family and friends.

Persons: Chris McCarty, McCarty, Myka Stauffer, Stauffer, it’s, –, Keating, Owen, Franklin Delano Roosevelt, Coogan, ”, Instagram, Carlotta Dotto, Lilit Marcus The Coogan, Jackie Coogan, aren’t, “, Vivek Murthy, ” Stacey Steinberg, what’s, Steinberg, Yukari Schrickel, Mom Brooke Morrison, Parker, McKenzie, Morrison, ” Caz Makepeace, Craig, you’re, ’ ” Makepeace, Alex Winter, Machelle Hobson, Hobson, Makepeace, vlogging, Caz, they’re, “ We’ve Organizations: CNN, Morrisons, University of Washington, Child Labor, US, Labor, California, UN, Education, Trust, Facebook, National Archives, US Department of Labor, Actors, The Federal Trade Commission, New York Department of Labor, Washington State Legislature, Center, Children, University of Florida’s Levin College of Law, YouTube, Credit, Apple, Google Locations: New Orleans, Arizona, London, Dominican Republic, United States, New York, Illinois, California, ”, Australia

The Tomohon Extreme Market was once a top tourist attraction in the Indonesian province of North Sulawesi — a live animal market filled with everything from fileted pythons to skewered bats and rats. Activists urged major travel companies to stop recommending the market as a tourism site, said Lola Webber, Humane Society International's director of campaigns. "Bali dealt with this issue by poisoning stray dogs, which ended up being just as bad, if not worse, than those that have been subjected to the dog meat trade." In a Tripadvisor post on March 5, a user discusses reading about Sulawesi's dog meat trade. The post states: "Well the next trip was going to be to Sulawesi, Indonesia ...

Persons: Lola Webber, —, you'll, Webber, Caroll Senduk, International's Lola Webber, Michael, Frank Delano Manus, We've, who've, Manus, Rahul Sehgal, Tripadvisor Organizations: Humane Society, Companies, Tripadvisor, Free, Friends, CNBC Travel, World Health Organization, Animal Welfare, Animal Friends, Humane Society International, Free Indonesia, CNBC, Soi Dog Locations: Indonesian, North Sulawesi, Sulawesi, Tomohon's, Free Indonesia, Indonesia, Bali, Karanganyar, Java, Medan, Jakarta, Asia, Singapore, Philippines, Thailand, Hong Kong, Taiwan, China, South Korea, Vietnam

☆ How to trade BYND, CHGG, and UAA ahead of earnings
▼ + stars: | 2023-08-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to trade BYND, CHGG, and UAA ahead of earningsDelano Saporu, Founder and CEO of New Street Advisors Group, joins 'The Exchange' to discuss how to trade Beyond Meat, ChatGPT's impact on Chegg, and Under Armour's competitive edge.

Persons: Delano Saporu Organizations: New Street Advisors Group

☆ Quick to Mock MAGA, Biden Stays Silent on Trump Indictments
▼ + stars: | 2023-07-20 | by ( Reid J. Epstein | More About Reid J. Epstein | ) www.nytimes.com time to read: +1 min

For months, President Biden has appeared to delight in needling Donald J. Trump and his Republican allies, trying at every turn to make MAGA and ultra-MAGA a shorthand for the entire party. This week, Mr. Biden cheekily highlighted a video in which Representative Marjorie Taylor Greene of Georgia derisively ticks through his first-term accomplishments and likens him — not positively — to Franklin Delano Roosevelt. “I approve this message,” the president commented on the video, which was viewed more than 43 million times in 24 hours. Mr. Biden recently did a victory lap when Senator Tommy Tuberville of Alabama promoted local spending in the bipartisan infrastructure bill, which Mr. Tuberville had voted against. And his campaign took a shot at Mr. Trump for not visiting Wisconsin during his current presidential bid, accusing him of a “failure to deliver on his promised American manufacturing boom.”

Persons: Biden, needling Donald J, Trump, MAGA, Biden cheekily, Marjorie Taylor Greene, —, Franklin Delano Roosevelt, “, Tommy Tuberville, Tuberville Organizations: Republican Locations: Georgia, Alabama, Wisconsin, American

☆ Marjorie Taylor Greene slammed Biden for wanting to complete the work of Lyndon Johnson and FDR. Now he's using her speech in an official ad.
▼ + stars: | 2023-07-19 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

GOP Rep. Marjorie Taylor Greene criticized President Joe Biden in a recent speech. The Biden campaign ultimately used part of Greene's speech in a campaign ad published Tuesday. The Biden Administration clearly enjoyed Greene's comments — the White House's official Twitter account mocked Greene later after her speech. Days after Greene's attempted attack on Biden, he tweeted out a new campaign advertisement centered around Greene's speech. "Joe Biden had the largest public investment in social infrastructure and environmental programs that is actually finishing what FDR started, that LBJ expanded on, and Joe Biden is attempting to complete," Greene can be heard saying in the advertisement.

Persons: Marjorie Taylor Greene, Joe Biden, Lyndon B, Johnson, Franklin Delano Roosevelt, Biden, Joe Biden's, Greene, Greene's, FDR, LBJ, ialso Organizations: Service, Biden Administration Locations: Wall, Silicon, Florida, Johnson's

☆ Hubert Humphrey’s Democratic Convention Speech Resonates Today - The New York Times
▼ + stars: | 2023-07-17 | by ( Samuel G. Freedman | ) www.nytimes.com time to read: +2 min

On the torrid afternoon of July 6, 1948, Hubert Humphrey departed one kind of inferno to plunge into another. He was bound for Philadelphia, site of the impending Democratic National Convention, where the sweltering weather provided the fitting backdrop to a heated convention. The Democratic convention of 1948 promised to be morose and volatile all at once. The glum mood reflected the failure of liberal insurgents in the party, Humphrey included, to oust the incumbent president, Harry Truman, from the ticket. His speech at the Philadelphia convention, imploring delegates to “get out of the shadow of states’ rights and to walk forthrightly into the bright sunshine of human rights,” convinced a decisive majority of the delegates.

Persons: Hubert Humphrey, Humphrey, Harry Truman, segregationists, Truman, Franklin Delano Roosevelt, “, ”, Thomas Dewey Organizations: Democratic, Convention, Democratic Party Locations: Minneapolis, Philadelphia, America

☆ Saporu: Tech investors may want to take some money off the table given the extreme runup
▼ + stars: | 2023-06-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaporu: Tech investors may want to take some money off the table given the extreme runupDelano Saporu, Founder and CEO of New Street Advisors Group, discusses how he's investing in the markets.

Persons: Delano Saporu Organizations: Tech, New Street Advisors

☆ This 42-year-old mom makes over $200,000 without a bachelor's degree—here's how
▼ + stars: | 2023-05-25 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

In recent years, however, interest in the profession has plummeted, leading to a national shortage of at least 5,000 reporters, according to the Association for Court Reporters and Captioners. Yet court reporting ticks a lot of boxes on jobseekers' wish lists, says Irene Nakamura, a court reporter in California for more than 30 years and Rodriguez's mentor. In 2022, Rodriguez made about $235,315 as a freelance court reporter, according to tax documents reviewed by CNBC Make It. Court reporters also must pass a state-approved exam in order to become certified. In addition to their base salary, court reporters are compensated on a per-page basis for transcripts they produce during court proceedings, according to Nakamura.

Persons: Cynthia Rodriguez, Rodriguez, Irene Nakamura, Nakamura Organizations: Association for Court, CNBC, Bakersfield Community College, National Court Reporters Association, Superior Court Locations: Bakersfield , California, U.S, California, Delano , California, Bakersfield, Kern

☆ Three-Stock Lunch: DIS, OXY & AMAT
▼ + stars: | 2023-05-19 | 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 EmailThree-Stock Lunch: DIS, OXY & AMATDelano Saporu, New Street Advisors CEO, joins ‘Power Lunch’ to discuss three stocks: Disney, Occidental and Applied Materials.

☆ Saporu: Now is a good time to be in short-term T-bills and money market funds
▼ + stars: | 2023-05-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaporu: Now is a good time to be in short-term T-bills and money market fundsDelano Saporu of New Street Advisors says it appears that the markets are getting more skittish, and now may be a good time to shift some cash into shorter-term assets to take advantage of their higher yields.

☆ Three Stock Lunch: Chipotle, Charles Schwab and Peloton
▼ + stars: | 2023-04-26 | 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 EmailThree Stock Lunch: Chipotle, Charles Schwab and PelotonDelano Saporu, New Street Advisors Group, joins 'Power Lunch' to discuss Saporu's investing take on three stocks.

☆ New Street's Delano Saporu is betting on Google long term in the A.I. race
▼ + stars: | 2023-04-21 | 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 EmailNew Street's Delano Saporu is betting on Google long term in the A.I. raceDelano Saporu, New Street Advisors founder, joins 'Closing Bell: Overtime' to discuss big tech ahead of earnings next week.

☆ Top market watchers on why there may be a few cracks, the consumer is still not acting like a recession is coming
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTop market watchers on why there may be a few cracks, the consumer is still not acting like a recession is comingDelano Saporu of New Street Advisors and Max Wasserman of Miramar Capital discuss whether the markets are fully pricing in a potential slowdown in consumer spending and a looming recession.

☆ Healthcare, college education, and childcare started getting worse decades ago. Now we're all finally feeling it.
▼ + stars: | 2023-04-08 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +16 min

Americans are accruing billions in debt to pay for things like education and healthcare. But that would require shifting the idea of childcare, education, and healthcare and thinking of them as public goods — not businesses. That ultimately meant millions in funding for public childcare. "If the US health system was a country, it would be about the fourth-largest country in the world," Cooper said. There's much less government involvement in the US healthcare system than in other countries, Cooper said.

☆ Play defense with these fortress stocks in the second quarter
▼ + stars: | 2023-04-02 | by ( Michelle Fox | ) www.cnbc.com time to read: +9 min

Bahnsen's investment philosophy focuses specifically on high-quality stocks that have a high dividend yield, along with consistent increases. One of his favorite plays is Procter & Gamble , which currently has a dividend yield of 2.5%. EOG has a 2.9% dividend yield and also has been paying a special dividend. Health-care names Names in the health-care sector are generally considered defensive. Quanta Services has a dividend yield on the lower end, at 0.2%.

☆ The market's moves this month have been correct given what's going on, says iCapital's Amoroso
▼ + stars: | 2023-03-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market's moves this month have been correct given what's going on, says iCapital's AmorosoAnastasia Amoroso, iCapital; Delano Saporu, New Street Advisors Group; and Gregory Daco, EY-Parthenon, discuss the Fed and navigating the market's next move.

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