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☆ Premarket stocks: The Fed could be on the verge of repeating its 1970s mistake
▼ + stars: | 2023-05-08 | by ( Julia Horowitz | ) edition.cnn.com time to read: +6 min

But Gary Richardson, a Federal Reserve historian, is worried policymakers — now contemplating taking a breather — still risk repeating mistakes from that era. A premature retreat could cause the Fed to lose its handle on the situation, presenting even grimmer options down the road. Quick rewind: The chair of the Federal Reserve at the time, Arthur Burns, hiked interest rates dramatically between 1972 and 1974. Inflation later roared back, forcing the hand of Paul Volcker, who took over at the Fed in 1979, Richardson said. But the comparisons reveal the high stakes for the Federal Reserve at a moment of acute uncertainty.

☆ De-dollarization and global reserves dominance, explained by a top currency economist and the inventor of the 'dollar smile' theory
▼ + stars: | 2023-04-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Stephen Jen, CEO of Eurizon SLJ Eurizon SLJStephen Jen is a leading economist, the cofounder and CEO of Eurizon SLJ, and inventor of the "dollar smile" theory. Phil Rosen: You pointed out recently that the dollar saw a steep erosion in 2022 as a global reserve currency. More likely, we will evolve from a unipolar reserve currency world to a multi-polar world. Here's what he said on a potential "tripolar" reserve currency setup if the dollar loses dominance. And here are the top stories from markets this week:Lauren Simmons, a trader at the New York Stock Exchange.

☆ Stock ETFs are seeing accelerated inflows even as grimmer Wall Street predictions warn of a bear market ahead
▼ + stars: | 2023-04-24 | by ( Zinya Salfiti | ) www.businessinsider.com time to read: +3 min

Stock ETFs pulled in more than $12.6 billion in April, according to data from Bloomberg. It's the largest inflow into such funds since January and more than double the pace seen in February and March. Investors are pouring large amounts into equity ETFs even as Wall Street predictions warn of a bear market ahead. Wall Street veteran Ed Yardeni wrote: "In late October, we concluded that sentiment was so bearish it had to be bullish." Then, the current bull market is likely to resume, in our opinion," according to the Yardeni Research founder.

☆ China takes a cautious approach to its economy in 2023
▼ + stars: | 2023-03-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Beijing announced Sunday a target of "around 5%" growth in gross domestic product for 2023, with only a modest increase in fiscal support. "The government's conservative growth target of 5% for 2023 recognizes that the pickup in China's growth continues to face headwinds," Martin Petch, vice president and senior credit officer, Moody's Investors Service, said in a note. "Some local governments are finding economic recovery difficult and are facing prominent fiscal imbalances," the report said. Consumption is keyConsumption can become the primary driver of economic growth this year, Li Chunlin, deputy director at the NDRC, told reporters Monday. An overall recovery in the economy can help fiscal revenues grow, and boost demand for workers, he said.

☆ Goodbye to the good life: The cushy perks of tech work are rapidly disappearing.
▼ + stars: | 2022-12-19 | by ( Asia Martin | ) www.businessinsider.com time to read: +4 min

Over the past year, more and more tech workers have seen perks pulled as companies try to ride out a tough market and potential recession. As perks disappear and performance reviews become more brutal, tech workers' compensation will remain high. But for tech workers who, quite literally, enjoyed a free lunch, it still feels like the end of an era. Layoffs have wracked the tech industry, with 150,000 tech workers losing their job in 2022. But it's clear that for some tech workers, this perk correction has been overdue.

☆ "Yellowstone" prequel “1923” bring white grievances to Paramount Plus
▼ + stars: | 2022-12-18 | by ( Ani Bundel | Ani Bundel Is A Cultural Critic Who Has Been Writing Regularly Since Her Work Can Also Be Found At Elite Daily | Weta'S Telly Visions | ) www.nbcnews.com time to read: +5 min

It’s a grimmer chapter of an ongoing story, and one that is plagued by an inability to articulate why these white men murdering their way across the landscape are heroes worth rooting for. Cultural critics love prestige series. Few celebrated the end of the toxically misogynist “The Big Bang Theory,” or have seemed eager to discuss the resurgence of seemingly endless police procedurals starring white men. But the series has gained viewership year over year, with subsequent spinoffs debuting on new flagship streaming service, Paramount+. Like so many white male grievances, to question the logic is to side with the enemy.

[1/4] A Ukrainian serviceman arranges a dugout at a position in a frontline, amid Russia's attack on Ukraine, in Mykolaiv region, Ukraine November 4, 2022. At a location in the southern part of the Donbas in southeastern Ukraine, soldiers showed Reuters around muddy positions where they are living. BATTLEFIELD SLOWDOWNUkraine's Defence Minister Oleksii Reznikov told Reuters earlier this month that bad winter conditions would give both Kyiv and Moscow's forces a chance to recuperate. The winter weather will likely favour the Ukrainian military, Jack Watling, an analyst at the London-based Royal United Services Institute, wrote on Twitter. He said Ukrainian fighting positions tended to be well-kept, dry and warm, and soldiers had warm clothing.

☆ Russia's war on Ukraine latest news: NATO pledges more military, energy aid for Ukraine
▼ + stars: | 2022-11-27 | by ( ) www.reuters.com time to read: +3 min

U.S.-Russian relations have plunged to their most confrontational point in 60 years since Russia invaded Ukraine in February. [1/4] A view shows the city without electricity after critical civil infrastructure was hit by Russian missile attacks, amid Russia's invasion of Ukraine, in Kyiv, Ukraine November 23, 2022. REUTERS/Vladyslav Sodel/ 1 2 3 4POWER SUPPLY* The United States announced $53 million to support the purchase of power grid equipment for Ukraine. * Ukraine is still struggling to restore full power nearly a week after a wave of Russian missile strikes that damaged energy facilities across the country. Heavy rain and falling temperatures are making conditions even grimmer along the front lines as the war grinds into winter.

☆ 9 high dividend-paying stocks to own right now, according to a company that ranks them
▼ + stars: | 2022-11-24 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Companies that pay dividends typically have financial strength, which could balance a portfolio. Below are nine dividend-paying stocks compiled by TipRanks. The investment bank's baseline forecast assumes a soft landing for the US economy with the index landing at 4,000 by the end of next year. Dividend-paying stocks typically outperform in an inflationary environment. Below is a list of nine high dividend-paying stocks pulled from TipRanks, a financial technology company that uses artificial intelligence to analyze financial data.

☆ Biden faces scrutiny about America's future as he heads abroad
▼ + stars: | 2022-11-11 | by ( Peter Nicholas | Peter Nicholas Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +8 min

For the world leaders meeting with Biden over the next week, there’s no assurance that he'll be the president they’ll be dealing with for the next six years. The U.S. is unnerved by Chinese military exercises that threaten Taiwan and raise the specter of a future invasion. “Tuesday was a good day for America, a good day for democracy,” Biden said Thursday at a Democratic National Committee event. Another reason that Biden might find the trip more gratifying is that he averted the midterm wipeout that sitting presidents normally endure. Biden’s midterm test went much better.

☆ Buy these 8 high dividend-paying stocks that analysts are overwhelmingly recommending now, according to a company that ranks them
▼ + stars: | 2022-10-27 | by ( Laila Maidan | ) www.businessinsider.com time to read: +2 min

Companies that pay dividends typically have financial strength, which could balance a portfolio. Below are eight dividend-paying stocks that also have "buy" ratings, compiled by TipRanks. Normally, during risk-off periods, investors move away from these riskier stocks and flock to lower-risk securities, such as bonds and value stocks. Dividend-paying stocks typically outperform in an inflationary environment. Below is a list of eight high dividend-paying stocks pulled from TipRanks, a financial technology company that uses artificial intelligence to analyze financial data.

☆ U.S. economy rebounds in Q3 on boost from trade, but demand stalling
▼ + stars: | 2022-10-27 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

While overall inflation slowed substantially from the second quarter, underlying price pressures continued to bubble. Gross domestic product increased at a 2.6% annualized rate last quarter after contracting at a 0.6% pace in the second quarter. That was the slowest rise in this measure of domestic demand since the second quarter of 2020 and followed a 0.5% rate of increase in the second quarter. A broader measure of inflation in the economy rose at a 4.6% rate, decelerating from a 8.5% pace of increase in the second quarter. Business inventories increased at a rate of $61.9 billion after rising at a pace of $110.2 billion in the second quarter.

☆ Fact Check-No evidence of widespread ballot 'harvesting' ahead of the U.S midterm election
▼ + stars: | 2022-10-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +7 min

Stuffing ballot boxes, ballot harvesting, gerrymandering, and the lonist goes on and on,” reads a tweet. A Reuters Fact Check explainer exploring examples of how and why voter fraud is exceedingly rare in the U.S. ahead of the midterms can be seen (here). According to Minnite, experts agree there is no evidence of systematic voter fraud happening during absentee voting. They found 491 cases of absentee ballot fraud from 2000 to 2012, a time when 146 million Americans were registered to vote (news21.com/archive/), (here), (here). A Reuters fact check article previously found that the film does not provide verifiable evidence of voter fraud (here).

☆ GOLDMAN SACHS: Buy these 26 stocks that are poised to outperform and generate rich cash flows in the near future despite the Fed's rate hikes
▼ + stars: | 2022-09-25 | by ( Laila Maidan | ) www.businessinsider.com time to read: +2 min

Higher interest rates mean a grimmer economic outlook and a further drag on the stock market. On Wednesday, the Federal Open Market Committee raised its key interest rate by 75 basis points for a third straight time. Rising interest rates also mean short-duration stocks, those that generate a larger share of their cash flows in the near future, will outperform their long-duration peers, Kostin said. That's because stocks with cash flows pegged to the distant future are more sensitive to interest rates, he added. Below is a list of 26 stocks that Goldman added to its newly rebalanced basket of short-duration stocks.

☆ Here's how to find out if you're underpaid at work, and the exact script to use when asking your boss for a salary increase
▼ + stars: | 2021-03-22 | by ( Marguerite Ward | Shana Lebowitz | ) www.businessinsider.com time to read: +10 min

More US states, including New York and California, are requiring employers to post salary ranges on job listings. If you're starting to suspect you're underpaid, do your researchDoing some digging (on your personal computer, not at work) is your first stop. It's the more realistic number you're hoping to meet or exceed. Lennox said you'll typically want to start discussing professional development with your boss months before you actually ask for a raise. "All the hard work of researching what the range is for your next job is already done," Dickinson said.

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