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☆ 2 female small-business founders share how they cracked the code on successful lead magnets — a win-win for your customers and company profits
▼ + stars: | 2023-09-22 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +5 min

Known as a lead magnet, the gift should be tied to the value your company offers. Develop and market a lead magnet like any other product or service. Insider spoke with small-business owners about what they'd learned about making a lead magnet successful. When brainstorming ideas for lead magnets, Louise considers what made her opt in to other companies' lead magnets. Lead magnets can also be an effective tool for segmenting and reengaging existing email subscribers, Louise said.

Persons: SBOs, Jenn Robbins, Ashley Louise, Louise, they'd, Robbins, what's, they're Organizations: Small, Service, Google Locations: Wall, Silicon

☆ Cramer gives six reasons investors are currently selling off
▼ + stars: | 2023-09-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday proposed six reasons why investors are selling and bringing the market down. Interest rates: Cramer said rates can be a good reason to sell. Macroeconomic weakness: "Macro" headwinds add risk to companies trying to close deals and may create a "difficult adjustment" for investors, Cramer said. Fear of giving up on gains: Cramer said investors may sell to lock in gains they've made earlier in the year. According to Cramer, investors selling because of fear translates to selling low and buying high.

Persons: CNBC's Jim Cramer, Cramer, they've, nobody's, That's Organizations: Federal Reserve, Democratic, Republican, United Auto Workers

☆ Trivariate Research CEO’s top play is the best-performing sector that 'nobody’s talking about'
▼ + stars: | 2023-09-13 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Despite energy's outperformance so far this summer, Trivariate Research CEO Adam Parker may still find himself to be a market contrarian when picking the sector as his top bullish play. "Energy is the best-performing sector over the last three months, but nobody's talking about it," he told CNBC's " Squawk on the Street " on Wednesday. "I think demand/supply dynamics look very, very bullish in any longer-term view, so I like that sector a lot." Over the past three months, the energy sector of the S & P 500 has gained about 13.5%. Big performers in the sector include Marathon Petroleum , up nearly 38% in the past three months, and Valero Energy, with a 28% gain during the period.

Persons: energy's, Adam Parker, CNBC's, Brent, Parker Organizations: Trivariate, West Texas, Communication, Marathon Petroleum, Valero Energy

RICHMOND, Va. (AP) — A Democratic Virginia legislative candidate whose race was rattled by the revelation that she and her husband livestreamed themselves having sex moved forward with her campaign Tuesday and drew some early support in the high-stakes contest. But state Sen. L. Louise Lucas, a leading Democratic lawmaker in Virginia, quickly came to her defense, calling on voters to “make this the biggest fundraising day of (Gibson's) campaign.” Many women voters retweeted Lucas with a link to donate to Gibson's campaign. Linton said she plans to donate another $100 to Gibson's campaign even though she can't vote for her because she lives outside her district. Mark Rozell, dean of George Mason University’s Schar School of Policy and Government, said the sex videos are a huge distraction from Gibson's campaign. But Monica Hutchinson, a legislative coordinator for a youth justice organization, said she supported Gibson before the videos surfaced and she will continue to support her.

Persons: livestreamed, Susanna Gibson, Gibson, Roe, Wade, — Gibson, Sen, Louise Lucas, retweeted Lucas, ”, Amanda Linton, Linton, “ It's, Lucas, “, Glenn Youngkin —, “ Susanna, she’s, Susanna, Lauren Chou, Stephen Farnsworth, University of Mary Washington, it’s, “ Donald Trump, Farnsworth, Mark Rozell, George Mason University’s, Monica Hutchinson, Hutchinson, ” Gibson, ” ___ Barakat Organizations: —, Democratic, Republican, General Assembly, U.S, Washington Post, The Associated Press, Republican Gov, GOP, University of Mary, George Mason University’s Schar, of Policy, Government Locations: RICHMOND, Va, Democratic Virginia, Richmond, U.S ., Virginia, “, Falls Church , Virginia

☆ How to get into real estate on a small salary or little to no savings, according to 6 successful investors who used creative financing strategies to get started
▼ + stars: | 2023-09-02 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

It's possible to get into real estate with little-to-no savings. Investors who started with very little share the strategies they used to get their first properties. 20-year-old friends and college dropouts Caleb Hommel and Chuck Sotelo raised capital and structured a seller financing dealAdvertisementAdvertisementChuck Sotelo (L) and Caleb Hommel started investing in real estate in their teens. Hommel and Sotelo, who met on the first day of high school, were teenagers when they decided they wanted to invest in real estate. They were still in junior college at the time and delivering food to pay for an online real estate mentorship program.

Persons: Caleb Hommel, Chuck Sotelo, Sotelo, they'd, Zeona McIntyre, McIntyre, Hommel, she'd, Sean Allen, Sean Allen Sean Allen, Allen, Seegars, Jim Resonable, Jervais Organizations: Service, DoorDash Locations: Wall, Silicon, Texas, Boulder , Colorado, Sotelo, Boulder, North Carolina, California, Greensboro , North Carolina, Greensboro, North Carolina , California, Georgia

☆ Remote workers are falling behind in one major way: They're forgetting how to hang out with people
▼ + stars: | 2023-08-20 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

But, unlike the Great Recession, there's been no rebound in chatting with each other even as more workers return to the office. All of a sudden, life and work could happen on their own terms, and where they wanted it. And some people may not want to socialize, or can't lead a social life the way they had before COVID, whether due to illness or other factors, such as increased susceptibility to disease. While quiet time and working from home might be a boon for work life, there's still the challenge of fitting socializing around it. "Now, on a Thursday I'm more likely to see people like a couple coming in and they're splitting their entrée."

Persons: hasn't, We're, Griffin Leeds, There's, I've, there's, haven't, Yvette Sheline, Emily Hessney Lynch, Lynch, It's, —, Sheline, it's, I'm Organizations: Service, Bureau of Labor Statistics, Center, Neuromodulation, University of Pennsylvania, Survey, Leeds Locations: Wall, Silicon, Brooklyn

☆ Inside Goldman Sachs' coveted summer internship for aspiring investment bankers, where there's no such thing as 'busy work.'
▼ + stars: | 2023-08-10 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +17 min

Goldman Sachs' summer internship program is harder to get into than Harvard. This summer Goldman hosted 2,970 interns, about 500 of whom were placed in the investment bank, according to stats provided by Goldman. Some rising juniors are also part of the internship classes, however, including Stephenson, who applied for her first Goldman internship during her freshman year of college. Last summer, Stephenson took the subway to work, which had its share of problems. According to Friedland, there's no "busy work" or "shadowing" and the senior bankers rely on the interns to do real work.

Persons: Goldman Sachs, Goldman, India Stephenson, Stephenson, she'd, she's, It's, Dave Friedland, Friedland, they'll, —, Conrad, I'm, it's, I've, you've, Nobody's, that's, we've Organizations: Harvard, Princeton, Investment Banking, Committee, Columbia University, University of Michigan, Brookfield, Investment, Goldman, Columbia Locations: India, Goldman's, Manhattan, San Francisco, New York City, Naya, there's, multitask, Goldman

☆ Investors manoeuvre, warily, for long-shot BOJ policy move
▼ + stars: | 2023-07-27 | by ( Kevin Buckland | ) www.reuters.com time to read: +5 min

SLOWLY, STEADILYBOJ sources say the central bank is leaning towards keeping its yield control policy unchanged as policymakers wait for data to affirm wages and inflation will keep rising. The benchmark 10-year JGB yield also retreated to 0.445% from as high as 0.485%. "We don't short the JGB market. In part, it's an expensive thing to do - as you know, the Bank of Japan owns 110% of the 10-year JGB market," he said. "Nobody's calling for them to hike aggressively, just bringing some function back to the JGB market, allowing themselves to step away because the data has given them an opportunity to do so.

Persons: Jimmy Lim, Lim, Kazuo Ueda, Nigel Foo, Haruhiko Kuroda, Jim Leaviss, Leaviss, Michael Michaelides, Ales Koutny, James Athey, Athey, Kevin Buckland, Ankur Banerjee, Summer Zhen, Alun John, Divya Chowdhury, Harry Robertson, Vidya Ranganathan, Edmund Klamann Organizations: Bank of Japan, Management, ING, Investors, G Investments, Vanguard, Thomson Locations: TOKYO, Singapore, FSI, abrdn

☆ Jim Cramer talks diversification and portfolio strategy, compares ARK's Cathie Wood and BlackRock's Larry Fink
▼ + stars: | 2023-07-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday stressed his belief that diversification is key to a successful portfolio. Cramer looked at the strategies of ARK 's Cathie Wood and BlackRock 's Larry Fink to explain why he thinks diversification is usually the best strategy for long-term gains. Cramer said Wood's primary investment style is to get a few stocks she feels have the highest potential. "That's the danger of running an undiversified portfolio: You have to be right every time, or else your investors, they get obliterated," Cramer said. Fink, however, prioritizes diversification, Cramer said, adding that BlackRock is the world's largest asset manager, with $9.4 trillion in holdings.

Persons: CNBC's Jim Cramer, Cramer, Wood, Larry Fink, she's, Tesla, haven't, Fink, That's Organizations: BlackRock, Nasdaq

☆ San Francisco’s ‘doom loop’ is a warning for every American city. Here’s how we can fix it — before it’s too late.
▼ + stars: | 2023-07-16 | by ( Adam Rogers | ) www.businessinsider.com time to read: +18 min

If you want to rile up a San Francisco native, mention the doom loop. But treating San Francisco as some sort of outlier, a sui generis example of urban decay, is wrong, too. After I washed out back there I washed up on the Embarcadero, a typical San Francisco story. Because here's my one crazy trick to fix San Francisco: homes. To revive the city, San Francisco needs to get back to its freak-flag-flying roots.

Persons: Nobody's, I've, It's, it's, who'd, Paul Chinn, nix, aren't, rafter, Tayfun, Francis Wood, fixable, Berkeley, Adam Rogers Organizations: Liberal, Homelessness, Bay Area, Pride, Black Panthers, Washington Monthly, San Francisco, Getty, SF, Supervisors, Crafts, Planners, Foods, Anadolu Agency, Walgreens, Nordstrom, Unit Locations: San Francisco, Bay, Francisco, California, Black, Los Angeles, Boston , New York, Washington, United States, Barcelona, Paris, St, Barbary, Hong Kong, Mexico City, Angeles, Houston, Helsinki, East, Treasure, Emeryville

☆ How to save San Francisco
▼ + stars: | 2023-07-16 | by ( Adam Rogers | ) www.businessinsider.com time to read: +18 min

But treating San Francisco as some sort of outlier, a sui generis example of urban decay, is wrong, too. After I washed out back there I washed up on the Embarcadero, a typical San Francisco story. Because here's my one crazy trick to fix San Francisco: homes. Paul Chinn/The San Francisco Chronicle via Getty ImagesThis is just a matter of good old-fashioned supply and demand. To revive the city, San Francisco needs to get back to its freak-flag-flying roots.

☆ Let's set the table for the second half by reflecting on this year's hated bull market
▼ + stars: | 2023-07-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +18 min

You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.

Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China

☆ 'Swiftie' moms are passing down their passion — and parasocial relationship with Taylor Swift — to their kids
▼ + stars: | 2023-06-30 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +9 min

"People pull their kids from school for way stupider reasons than to go to a Taylor Swift concert," Vladek says to CNBC Make It. "That's the part Taylor Swift has done so brilliantly," she says. Taylor Swift doesn't." "When I was pregnant, I would hold my phone to my belly and play Taylor Swift," she says. "Honestly, I'd be crushed [if my daughter didn't like Taylor Swift].

Persons: Karen Vladek didn't, Taylor Swift, Taylor, Vladek, Maddie …, Swift, Tim McGraw, Michael Jackson, isn't, Kate Kurtin, Kurtin, Katy Perry, Russell Brand, Katy Perry's, —, Sally A, Theran, Jake Gyllenhaal, Jessica Sawyer, Sawyer, Jessica Dinney, Swift's, Dinney, wouldn't, didn't, Harry Potter, I've Organizations: CNBC, California State University , Los, Wellesley College, Disney, Twitter Locations: Houston, Austin , Texas, California State University , Los Angeles, New York City, Philadelphia, Jacksonville , Florida, Tampa , Florida, Tampa

☆ Lawyers elect leader with clout in Israel's judicial crisis
▼ + stars: | 2023-06-20 | by ( Dan Williams | ) www.reuters.com time to read: +2 min

[1/4] Amit Becher and other private Israeli lawyers protest Netanyahu's government court reform in what they call "a political threat to the judicial system and democracy" outside the Tel Aviv District Court, Israel January 12, 2023. The Israel Bar Association provides two of the Judicial Appointments Committee's nine members. The others are a mix of Supreme Court justices, cabinet ministers and parliamentarians meant to encourage give-and-take in bench picks. Becher denies having a partisan objective, saying lawyers of all stripes back his pledge to prevent a "political takeover by the government of the Judicial Appointments Committee". The coalition argues that the reforms would balance out the branches of government, and plans on Wednesday to begin work on a fresh bill to limit some Supreme Court powers.

Persons: Amit Becher, Corinna Kern, Benjamin Netanyahu, reining, Netanyahu, Bezalel Smotrich, Becher, Naveh, Dan Williams Organizations: Tel, Court, REUTERS, Israel Bar Association, Efi, Supreme, Thomson Locations: Tel Aviv, Israel

☆ Hunter Biden's apparent no-jail plea deal is 'far from standard operating procedure,' former prosecutor says
▼ + stars: | 2023-06-20 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Hunter Biden's plea deal with federal prosecutors is "far from standard operating procedure," a legal expert said. The president's son has agreed to plead guilty to two criminal misdemeanors of failing to pay income tax. Bederow, who called Hunter Biden's reported full payment back to the IRS a "significant factor," added that it's "fair" to question whether Hunter Biden received special treatment in the case. Despite owing in excess of $100,000 in federal income taxes each year, he did not pay the income tax due for either year." "At the end of the day, at least for now, Hunter Biden will be a convicted tax cheat," said Bederow.

Persons: Hunter, Biden, —, Joe Biden, Hunter Biden, Hunter Biden wouldn't, Arthur Aidala, Aidala, what's, Ghislaine Maxwell, Harvey Weinstein —, he's, It's, David Weiss, Donald Trump, Mark Bederow, Joe Schmo, Bederow, Hunter Biden's, Trump, Weiss Organizations: Service, Justice Department, Prosecutors, Associated Press, The Washington, Delaware Locations: Brooklyn, Manhattan

☆ A former waitress who lived paycheck-to-paycheck bought her first home in Detroit for $6,300 using her tax return. She explains how she scaled up to 35 units and achieved financial independence before
▼ + stars: | 2023-06-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

Ashley Hamilton was living paycheck-to-paycheck when she decided she wanted to buy real estate. In 2009, she used her $7,000 tax return to purchase a $6,300 foreclosure in Detroit. Since, she's scaled up to 35 units and is financially independent thanks to rental income. Hamilton didn't have the cash at the time, but was anticipating a big tax return later that year. Hamilton, 36, owns 35 units in Detroit, Michigan and is financially independent from her rental income.

Persons: Ashley Hamilton, Hamilton, didn't, you'd, Hamilton didn't, I'm, she's, you've, they've Organizations: Detroit, MLS, Bank of America Locations: Detroit, Detroit , Michigan, Zillow

☆ The clever strategic reason Ukraine isn't using heavy NATO weaponry – yet
▼ + stars: | 2023-06-14 | by ( Alfred Hackensberger | ) www.businessinsider.com time to read: +6 min

So far done this without using a ton of NATO weapons. One Ukrainian General Staff member even compared it to a game of chess, where you're trying to lure out the enemy and their reinforcements. So why is Kyiv going easy on the NATO weapons and not fully flexing their military muscle? So, it looks like the Ukrainian General Staff is taking it slow, launching attacks with relatively small units and limited gear. Two of these U.S. aircraft already made a cameo in a video produced by the Ukrainian forces for their offensive.

Persons: it's, —, they've, George Barros, Ben Hodges, Nobody's, Stryker, Marder, They're, Stefan Korshak, Andrij Sybiha, General Hodges, Nobody Organizations: Service, NATO, Institute for, Ukrainian, Staff, Centre for, British Challenger, U.S, Stryker, Presidential Administration, Washington Locations: Ukraine, Russia, U.S, Europe, Sweden, Zaporizhzhia, Lyssychansk, Russian, Kharkiv, Ukrainian

☆ PGA Tour-LIV Golf merger is a major win for the Saudis — and Americans are slamming it
▼ + stars: | 2023-06-07 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

It's lured some of the biggest golf stars away from the PGA Tour with huge paychecks, spurring antitrust lawsuits with the American organization. "This is Saudi Arabia buying the PGA tour," sports talk show host Rich Eisen said in his broadcast after hearing the news. USA Today sports columnist Christine Brennan called the move "a total wimp-out by the PGA Tour. Glyn Kirk | AFP | Getty ImagesSocial media was rife with self-described golf fans vowing to never again watch the PGA Tour. Pro golfer Phil Mickelson, another member of the LIV Tour, tweeted "Awesome day today" in response to the news.

Persons: LIV Golf, that's, —, LIV, Saudi Crown Prince Mohammed bin Salman, It's, Jay Monahan, Rich Eisen, Pat Welter, it's, Christine Brennan, Tiger Woods, Glyn Kirk, Ron Wyden, Chris Murphy, Jamal Khashoggi, Saudi LIV, Monahan, Saudi Arabian Crown Prince Mohammed bin Salman, Jim Watson, Bryson DeChambeau, DeChambeau, Phil Mickelson, Jeffries, Yasir Al, Cristiano Ronaldo, Saudi Arabia's, Al Organizations: PGA Tour, Saudi, LIV Players, PGA, Saudi Arabia's Public Investment Fund, Saudi Crown, CNBC, Twitter, 150th, St, AFP, Getty, LIV, Washington Post, Amnesty, Saudi Arabian Crown, Saudi Embassy, Washington D.C, Saudi Foreign Ministry, CNN, Royal, Anadolu Agency, Getty Images Investment, Rumayyan, Nassr Football Club, Al Nassr Football Locations: Saudi Arabia, North Carolina, Saudi, Scotland, Oregon, Connecticut, American, Washington ,, Washington, videoconference, Riyadh, PIF, Portuguese

☆ PGA Tour agrees to merge with Saudi-backed rival LIV Golf
▼ + stars: | 2023-06-06 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +13 min

The PGA Tour has agreed to merge with Saudi-backed rival LIV Golf in a deal that would see the competitors squash pending litigation and move forward as a larger golf enterprise. With LIV Golf in the midst of its second, groundbreaking season, the PGA TOUR, DP World Tour and PIF will work together to best feature and grow team golf going forward. PIF will initially be the exclusive investor in the new entity, alongside the PGA TOUR, LIV Golf and the DP World Tour. Separately, PGA TOUR Inc. will remain in place as a 501(c)(6) tax exempt organization and retains administrative oversight of events for those assets contributed by the PGA TOUR, including the sanctioning of events, the administration of the competition and rules, as well as all other "inside the ropes" responsibilities, with Jay Monahan as Commissioner and Ed Herlihy as PGA TOUR Policy Board Chairman. The DP World Tour and LIV Golf will retain similar administrative oversight of events on their respective Tours.

Persons: LIV, LIV didn't, Yasir Al, Rumayyan, Jay Monahan, PIF, CNBC'S David Faber, LIV Golf, Brooks Koepka, Phil Mickelson, Bubba Watson, Monahan, Team Captain Brooks Koepka, Ricky Elliott, Osama Bin Laden, Donald Trump, nobody's, Trump, CNBC's David Faber, Jessica Golden, Kevin Durant, James Pitaro, LIV –, we've, Jay, Keith, Ed Herlihy, Herlihy, Jimmy Dunne, Keith Pelley Organizations: Nexstar, Nexstar Media Group, CW Network, CW, Wrestling, Endeavor Group, PGA Tour, CNBC, Saudi Arabia Public Investment Fund, PGA, European PGA, U.S, Team, Royal Greens, & Country Club, King Abdullah Economic, Saudi, CBS Sports, LIV, ESPN, Public Investment Fund, Al, Rumayyan, Strategic Alliance Locations: U.S, Saudi, Jeddah, King Abdullah, King Abdullah Economic City, Saudi Arabia, Los Angeles, RIYADH, PONTE, BEACH , Florida

☆ Transgender adults in Florida were 'blindsided' that the new law also limits their access to healthcare, and now have to decide whether to uproot their lives and leave
▼ + stars: | 2023-06-05 | by ( Thalia Beaty | Brendan Farrington | Hannah Schoenbaum | ) www.businessinsider.com time to read: +8 min

An expert estimated 80% of trans adults in the state lost access to healthcare because of a new law. Ron DeSantis signed last month also made it difficult — even impossible — for many transgender adults to get treatment. AP Photo/Laura Bargfeld"For trans adults, it's devastating," said Kate Steinle, chief clinical officer at FOLX Health, which provides gender-affirming care to trans adults through telemedicine. Dunn estimates that 80% of trans adults in the state were getting their healthcare from a nurse practitioner and now have lost access. AP Photo/Laura BargfeldLucas, who transitioned eight years ago when he was 18, anticipates running out of hormone treatments in June.

Persons: —, Ron DeSantis, Eli, Lucas, Laura Bargfeld, I'm, Kate Steinle, Lana Dunn, SPEKTRUM, haven't, Dunn, Eli cuddles, That's, Laura Bargfeld Lucas, It's, ___ Beaty Organizations: Service, Republican, Gov, AP, Associated Press, Inc, Williams Institute, University of California, Los Angeles School of Law Locations: Florida, TALLAHASSEE, Fla, Casselberry , Florida, Orlando, telemedicine, Minnesota, New York City, Raleigh , North Carolina

☆ The Senate passes the bipartisan debt ceiling bill, sending it to Biden's desk just days before the US defaults
▼ + stars: | 2023-06-02 | by ( Lauren Steussy | Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

The Senate made surprising progress Thursday night on the debt ceiling bill, passing it 63 to 36. The bill now heads to President Joe Biden's desk, where it will be signed into law. Leading up to the votes, a number of Democratic senators were unhappy with a range of provisions in the bill. And while other Democratic lawmakers agreed with Sanders' points, they felt a default on the nations' debt would be worse than passing the bill. Now the legislation heads to Biden's desk, where he will sign the bill into law to suspend the debt ceiling through January 2025.

Persons: Joe Biden's, Monday, —, Joe Biden, Kevin, McCarthy, Biden, Chuck Schumer, Sen, Bernie Sanders, Sanders, Elizabeth Warren Organizations: Service, Congressional, SNAP, Twitter, Politico, Republicans

☆ Some Democrats don't like Biden and McCarthy's debt-ceiling bill — but they'll vote for it because 'the macro alternative is absolutely indigestible'
▼ + stars: | 2023-06-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Many Democratic lawmakers are unhappy with the debt-ceiling bill that just passed the House. But some of them will vote for the bill anyway because they say a default would be far worse. "The macro alternative is absolutely indigestible," Rep. Jamie Raskin told Politico. On Wednesday night, the House easily passed Biden and McCarthy's Fiscal Responsibility Act with a bipartisan vote of 314-117. Other Democrats feel the same — but fear a default on the nation's debt would be worse than signing the bipartisan debt-ceiling bill into law.

Persons: Jamie Raskin, —, Joe Biden's, Kevin McCarthy's, they'll, Biden, Vermont Sen, Bernie Sanders, Politico, Sen, Elizabeth Warren of, she's, Janet Yellen, McCarthy, Alexandria Ocasio, Ro Khanna, Chuck Schumer, Nobody's Organizations: Democratic, Service, Congressional, Office, SNAP, Elizabeth Warren of Massachusetts, Politico, Republicans, Social Security, Medicare, Congressional Progressive Caucus, Caucus, Twitter Locations: Vermont, Alexandria, Cortez

☆ Top economist David Rosenberg says the US economy is a 'dead man walking' – and warns of a 'hard landing' ahead
▼ + stars: | 2023-06-02 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

This economy is a dead man walking," the top economist tweeted. The Rosenberg Research chief said the US was headed for a "hard landing" later this year. This economy is a dead man walking," the Rosenberg Research chief said in a tweet on Thursday that also linked to an interview he gave to Wealthion. "You look at the United States and it seems to me that we're still making this transition from expansion to recession," Rosenberg said. That strengthened the case for a global recession, Rosenberg added.

Persons: David Rosenberg, Rosenberg, —, we're Organizations: Rosenberg Research, Service, CNBC, Federal Reserve Locations: United States

☆ The House just passed McCarthy and Biden's debt-ceiling deal, bringing the US one step closer to avoiding a default in a matter of days
▼ + stars: | 2023-06-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The House voted to pass Biden and McCarthy's bill to raise the debt ceiling by a vote of 314-117. On Wednesday night, the House passed President Joe Biden and Speaker of the House Kevin McCarthy's bill — the Fiscal Responsibility Act — to suspend the debt ceiling through January 1, 2025 by a vote of 314-117. For months, Biden and McCarthy had been at odds over the best approach to address the debt-ceiling crisis. "President Biden and Speaker McCarthy's agreement will protect the economy and eliminate the threat of a catastrophic default. McConnell also wrote that McCarthy "and House Republicans secured a crucial first step toward bringing Washington Democrats' reckless spending to heel.

Persons: Biden, —, Joe Biden, Kevin McCarthy's, McCarthy, Massachusetts Sen, Elizabeth Warren, Mitch McConnell, Chuck Schumer, Schumer, McConnell Organizations: Senate, Service, Congressional, Office, SNAP, Social Security, Medicare, Democratic, Twitter, House Republicans, Washington Democrats, Senators Locations: Massachusetts

☆ Nuggets stand between Heat, history in NBA Finals
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

[1/2] May 27, 2023; Miami, Florida, USA; Miami Heat forward Jimmy Butler (22) looks to the score board in the second quarter during game six of the Eastern Conference Finals for the 2023 NBA playoffs at Kaseya Center. Mandatory Credit: Rich Storry-USA TODAY SportsMay 31 (Reuters) - The Miami Heat have the chance to make history when the NBA Finals kick off on Thursday, facing a well-rested Denver Nuggets squad that is uninterested in letting the Heat's Cinderella story go any further. "We don't play just to win the Eastern Conference, we play to win the whole thing." "You get to the NBA Finals, it's not about seeding anymore. The NBA Finals kick off on Thursday at 8:30 p.m.

Persons: Jimmy Butler, Rich Storry, Larry O'Brien, Tyler Herro, Mark Jackson, Nikola Jokic's, oddsmakers, Michael Malone, Malone, it's, Amy Tennery, Chris Reese Organizations: Miami Heat, Eastern, Kaseya Center, NBA, Denver Nuggets, Milwaukee Bucks, New York Knicks, Boston Celtics, Eastern Conference, ABC NBA, Nikola Jokic's Nuggets, Los Angeles Lakers, Nuggets, Milwaukee, Ball, Thomson Locations: Miami , Florida, USA, Miami, New York

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