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☆ Rent or buy? Here's how to make that decision in the current real estate market
  + stars: | 2023-04-26 | by ( Emily Lorsch | In | Elorsch | ) www.cnbc.com   time to read: +1 min
Choosing whether to rent or buy has never been a simple decision — and this ever-changing housing market isn't making it any easier. With surging mortgage rates, record rents and home prices, a potential economic downturn and other lifestyle considerations, there's so much to factor in. "This is an extraordinarily unique market because of the pandemic and because there was such a run on housing so you have home prices very high, you also have rent prices very high," said Diana Olick, senior climate and real estate correspondent for CNBC. In December 2022, it was more cost-effective to rent than buy in 45 of those metros, the real estate site found. In the top 10 metro regions that favored renting, monthly starter homeownership costs were an average of $1,920 higher than rents.
☆ Tucker Carlson's texts from the Dominion lawsuit reveal the real Fox News
  + stars: | 2023-04-24 | by ( Brent D. Griffiths | Rebecca Zisser | ) www.businessinsider.com   time to read: +7 min
Private texts reveal incredible detail about Fox News' inner workings. Among the messages is a thread where Tucker Carlson privately bashes Trump. Top Fox News hosts, including Tucker Carlson, privately insulted Chris Wallace and hatched a plot for a rebellion — November, 16, 2020. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues, including then-"Fox News Sunday" host Chris Wallace, were spared. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues such as then-"Fox News Sunday" host Chris Wallace were spared.
☆ Media insiders would often gossip about which anchor was about to leave Fox News. None of them guessed Tucker Carlson.
  + stars: | 2023-04-24 | by ( Matt Turner | ) www.businessinsider.com   time to read: +4 min
The Dominion lawsuit was an embarrassment to Fox, airing text messages the company would rather have kept private. Tucker Carlson's departure is a huge surprise. Like a plot twist in "Succession," the departure of Tucker Carlson from Fox News is one we didn't see coming. The news of Carlson's departure almost immediately wiped close to $1 billion off of Fox Corporation's market capitalization. Upon confirmation that Carlson had left Fox, veteran media reporter Sarah Ellison simply wrote: "Incredible."
☆ Chinese economy begginning to 'reactivate', says China Beige Book's Leland Miller
  + stars: | 2023-04-13 | 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 EmailChinese economy begginning to 'reactivate', says China Beige Book's Leland MillerChina Beige Book CEO Leland Miller joins 'Squawk on the Street' to discuss China's economic outlook for Q2, Chineses consumer appetite, and a long-term structural slowdown in China.
☆ Texts from the Dominion lawsuit reveal the real Fox News
  + stars: | 2023-03-22 | by ( Brent D. Griffiths | Rebecca Zisser | ) www.businessinsider.com   time to read: +8 min
Among the messages is a thread where Tucker Carlson privately bashes Trump. Dominion captured a number of texts that show Fox employees' apprehension about the growing conspiracy claims about the company's voting machines in the wake of the election. Top Fox News hosts, including Tucker Carlson, privately insulted Chris Wallace and hatched a plot for a rebellion — November, 16, 2020. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues, including then-"Fox News Sunday" host Chris Wallace, were spared. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues such as then-"Fox News Sunday" host Chris Wallace were spared.
☆ A TikTok ban or forced sale could lead to major collateral damage for US tech companies like Apple and Chinese apps like Shein
  + stars: | 2023-03-15 | by ( Dan Whateley | ) www.businessinsider.com   time to read: +9 min
"A big Chinese balloon in the sky and millions of Chinese TikTok balloons on our phones. But US tech companies that rely on data collection for advertising sales or other business practices have fought to curb such regulations. Still, efforts by members of Congress to pass federal legislation around data privacy, such as the American Data Privacy and Protection Act, have faced an uphill battle. Apple's 2021 user privacy changes stunted ad revenue at Facebook and Snapchat-maker Snap, for example. But blocking companies from gathering private information from users could also be a more effective path to protecting Americans while maintaining an avenue for Chinese companies to participate in the global economy.
☆ The war against TikTok won't solve the 'national embarrassment' of how poorly the US protects your data
  + stars: | 2023-03-08 | by ( Dan Whateley | ) www.businessinsider.com   time to read: +8 min
"A big Chinese balloon in the sky and millions of Chinese TikTok balloons on our phones. TikTok has hurt its own cause when it comes to its reputation around data privacy. For example, the company misrepresented how US user data was managed and then its parent company monitored the locations of reporters who exposed its practices. Still, efforts by members of Congress to pass federal legislation around data privacy, such as the American Data Privacy and Protection Act, have faced an uphill battle. Apple's 2021 user privacy changes stunted ad revenue at Facebook and Snapchat-maker Snap, for example.
☆ Growth in China is no longer a priority: China Beige Book CEO
  + stars: | 2023-03-06 | 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 EmailGrowth in China is no longer a priority: China Beige Book CEOLeland Miller, China Beige Book CEO, joins CNBC's 'Squawk Box' to discuss billionaire investor Mark Mobius' recent comments on investment in China, whether China is focused on things other than growth, and more.
☆ The 10 biggest revelations from Dominion’s explosive Fox News legal filing
  + stars: | 2023-02-28 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +6 min
Murdoch rejected that Fox News, as an entity, endorsed former President Donald Trump’s election lies. They endorsed,” Murdoch said, according to the filing, when asked about the hosts’ promotion of false claims about the election. ► Behind the scenes, Paul Ryan repeatedly warned the Murdochs to stop allowing the spread of election lies. “Maybe best to let Bill go right away,” which would “be a big message with Trump people” the filing said. These documents reveal that Fox News executives and hosts knew the truth and yet they peddled election lies to the audience.
☆ Rupert Murdoch's son Lachlan ordered Fox News host to rein in 'smug and obnoxious' anti-Trump comments about the 2020 election, court docs show
  + stars: | 2023-02-28 | by ( Tom Porter | ) www.businessinsider.com   time to read: +3 min
Lachlan Murdoch said a Fox News host's comments were "smug and obnoxious", according to court docsLeland Vittert came under fire for challenging Trump's election fraud claims, the lawsuit said. Fox CEO Lachlan said journalist Leland Vittert's "anti-Trump" views were "[s]mug and obnoxious", according to a legal filing made as part of a $1.6 billion lawsuit by Dominion against Fox News. Dominion has accused Fox News of pushing baseless claims that voting machines were used in a plot to rig the 2020 election results. The company released a slew of private communications by the network's owner, Rupert Murdoch, and his top lieutenants, including his son, Lachlan. Fox News has disputed the Dominion lawsuit, saying that its right to discuss Trump's election fraud claims are protected under the First Amendment.
☆ China's going to see a better 2023, says China Beige Book CEO
  + stars: | 2023-02-23 | 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 EmailChina's going to see a better 2023, says China Beige Book CEOLeland Miller, China Beige Book CEO, joins 'Squawk on the Street' to discuss his thoughts on China growth patterns and China's reopening.
☆ Monterey Park, the first suburban Chinatown, remains a beacon for Asians, residents say after the mass shooting
  + stars: | 2023-01-24 | by ( Sakshi Venkatraman | Sakshi Venkatraman Is A Reporter For Nbc Asian America. | ) www.nbcnews.com   time to read: +5 min
When 11 people were killed in his hometown of Monterey Park on Saturday, Raymond Cheung struggled to find the words to tell his mom. After his parents immigrated from China in the 1960s, and then to the West Coast, Monterey Park was the obvious choice. “We didn’t have to worry about that in Monterey Park. Courtesy Raymond CheungA history of resilienceThe residents of Monterey Park have never been strangers to hatred and vitriol. “The folks who live in Monterey Park are super resilient.
☆ What a China reopening could mean for the global economy
  + stars: | 2023-01-11 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat a China reopening could mean for the global economyLeland Miller, China Beige Book, on whether a China reopening will be a greenlight for the economy. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Carter Worth, Steve Grasso and Courtney Garcia.
☆ Supreme Court seeks U.S. government view on charter school's skirt requirement
  + stars: | 2023-01-09 | by ( Nate Raymond | Thomson Reuters | Nate Raymond Reports On The Federal Judiciary | ) www.reuters.com   time to read: +4 min
Solicitor General Elizabeth Prelogar to file a brief expressing the Biden administration's view on the litigation and whether the Supreme Court should take up the matter. Charter schools are publicly funded but operated separately from school boards run by local governments. The 4th Circuit ruling did not make a conclusion on the Title IX claim. Circuit Judge Barbara Milano Keenan, in a decision joined by her fellow Democratic appointees on the 4th Circuit. The Supreme Court has a 6-3 conservative majority.
☆ China faces a number of tough months ahead, says China Beige Book CEO
  + stars: | 2022-12-22 | 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 EmailChina faces a number of tough months ahead, says China Beige Book CEOLeland Miller, China Beige Book CEO, joins CNBC's 'Squawk Box' to discuss China's economic growth prospects in 2023 as the country moves away from its stringent zero-Covid policy.
☆ Donald Trump failed to mention dinner he had with 'racist antisemites' but still got standing ovations from conference of Orthodox Jews: report
  + stars: | 2022-12-17 | by ( Joshua Zitser | ) www.businessinsider.com   time to read: +3 min
Former President Donald Trump spoke at a conference of Orthodox Jews on Friday. Conference attendees responded with multiple standing ovations, according to AP. Trump failed to mention a dinner in November with Ye and Nick Fuentes, who have both spewed antisemitic hate. Attendees of the annual President's Conference of Torah Umesorah at Trump's National Doral resort in Miami, Florida, responded to his remarks with several standing ovations, according to AP. During his address to the Orthodox Jewish conference, Trump referencing his past remarks on antisemitism from his own 2019 State of the Union address led to standing ovations, according to AP.
☆ Workers who tested 4-day workweek say they'll never return to 5 days—or only with a huge pay bump
  + stars: | 2022-12-09 | by ( Jennifer Liu | ) www.cnbc.com   time to read: +6 min
And leaders say they're willing to continue because the business didn't suffer. On average, businesses decreased their schedules by six hours, from about 41 to 35 hours per week per employee. 'Once you give people a four-day workweek, how do you take it back?' But company president Mike Neundorfer, who's been interested the four-day week concept for a while now, says they're trending the right direction. There's no going back, Mathew says, for the organization or for her personally: "Once you give people a four-day workweek, how do you take it back?
☆ China's easing of some of Covid curbs is causing a short-term stock rally, research firm says
  + stars: | 2022-12-01 | 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 EmailChina's easing of some of Covid curbs is causing a short-term stock rally, research firm saysLeland Miller of China Beige Book International discusses the "two very different stories" going on in China.
☆ Global 4-day week pilot was a huge success, organizers say
  + stars: | 2022-11-30 | by ( Anna Cooban | ) edition.cnn.com   time to read: +2 min
London CNN Business —The verdict is in: A four-day work week is good for business. None of the 27 participating companies who responded to a survey by 4 Day Week Global said they were leaning towards or planning on returning to their former five-day routine. About 97% of the 495 employees who responded said they wanted to continue with a four-day week. 4 Day Week Global, a nonprofit organization, collaborated with researchers at Boston College, University College Dublin and Cambridge University for the trial. A separate six-month trial in the United Kingdom, also run by 4 Day Week Global, and which included 70 companies and 3,300 workers, wrapped up this month.
☆ It's unlikely Chinese protests will flip zero-Covid policies, says China Beige Book CEO
  + stars: | 2022-11-28 | 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 EmailIt's unlikely Chinese protests will flip zero-Covid policies, says China Beige Book CEOLeland Miller, China Beige Book CEO, joins CNBC's 'Squawk Box' to weigh in on the protests across China over the country's stringent zero-Covid restrictions.
☆ Natural disaster-hit countries get automatic debt freeze option
  + stars: | 2022-11-09 | by ( Marc Jones | ) www.reuters.com   time to read: +2 min
LONDON, Nov 9 (Reuters) - Countries hit by climate change-driven disasters such as flooding and hurricanes will automatically be able to freeze debt payments under new plans laid out by the bond market rule setting International Capital Market Association (ICMA). ICMA's move on Wednesday introduced new "climate resilient debt clauses" (CDRCs) that countries can now plug into the government bonds they sell to raise money on the international capital markets. Any country that uses them will be able to defer their debt payments for a maximum of 2 years, with the aim of giving them enough financial breathing space to provide aid and support to affected populations. "As well as supporting disaster resilience by freeing up cash flow, CRDCs could help avoid the liquidity challenges faced by low-income countries in such circumstances becoming costly payment defaults," ICMA said. ICMA said while technically no country is excluded from using CRDCs, they were likely to be most suitable for low-income countries, Small Island Developing States, or other developing countries particularly vulnerable to climate change.
☆ FDA staff flags uncertainties on Veru's COVID drug; EUA hopes lift shares
  + stars: | 2022-11-07 | by ( Bhanvi Satija | ) www.reuters.com   time to read: +2 min
Nov 7 (Reuters) - Staff reviewers at the U.S. Food and Drug Administration on Monday identified several uncertainties around Veru Inc's (VERU.O) data for its experimental COVID-19 drug but did not raise any new concerns, sending its shares surging 52%. A panel of the health regulator's outside experts is scheduled to discuss authorization of the drug later this week, including whether additional data is required. Cantor Fitzgerald analyst Brandon Folkes said the FDA is "leading the advisory committee towards granting an EUA" provided Veru commits to an adequate post-EUA study. Veru has applied for an EUA for the drug, sabizabulin, as a treatment for hospitalized moderate-to-severe COVID-19 patients at high risk of developing an acute respiratory distress syndrome. If authorized, sabizabulin, which Veru was originally testing as a treatment for prostate cancer, would become its second drug on the market.
☆ How to Use ETFs to Create a Fixed-Income Portfolio
  + stars: | 2022-11-06 | by ( Ari I. Weinberg | ) www.wsj.com   time to read: 1 min
Portfolios that use bond funds for their fixed-income allocations might need an adjustment to survive a rocky market. Surging inflation and corresponding interest-rate increases have left many fixed-income portfolios in shambles this year. Core bond funds, typically the bedrock of a multiasset portfolio, are down 15% to 20%. “It’s very clear that the rate environment in the next 10 years won’t look like the last 10,” says Leland Clemons , founder of ETF issuer BondBloxx Investment Management.
☆ China had a plan to dominate tech and become the world's most powerful country. It's all gone wrong.
  + stars: | 2022-09-08 | by ( Linette Lopez | ) www.businessinsider.com   time to read: +15 min
Semiconductor chips are the tiny brains that power our technological world, from cars and cellphones to fighter jets and advanced missile systems. Right now China is awash in money for tech, but you need the right people and customers that trust you. Why China needs the chipsThe Chinese economy is big, but it isn't wealthy. In other words, China needs a more lucrative line of business the same way someone with credit-card debt needs a raise. The Made in China 2025 plan lays out a goal for domestically manufactured chips to meet 70% of China's semiconductor needs within three years.
☆ Harry Belafonte Knows a Thing or Two About New York
  + stars: | 2017-02-03 | by ( John Leland | ) www.nytimes.com   time to read: +1 min
Harry Belafonte’s New York was a lot like yours and mine. Dr. Martin Luther King Jr. in a Harlem church basement through Adam Clayton Powell Jr., and met W. E. B. Mr. Belafonte could tell you a thing or two about New York. He has been the best-selling singer in America and a pillar in the civil rights movement. Takes a lot of courage and a lot of power to step into the space and lead a holy war.”
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