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☆ Video has become the hottest topic in podcasting, as some look to it to supercharge growth and others worry about how it will change the industry
▼ + stars: | 2023-06-27 | by ( Marta Biino | ) www.businessinsider.com time to read: +9 min

And while Schwarzenberger comes from the world of YouTube, it's not just content creators and influencers who have embraced video. "Sometimes they don't differentiate between a podcast on an audio platform, and a podcast on a video platform. Spotify recently started partnering with payment startup Creative Juice to support podcast creators. Hosting company RSS.com launched a tool in June to generate video from audio podcast tracks to repurpose on social media. And several AI tools have launched that automatically chop up long-form video content for short-form social platforms.

Persons: it's, Jordan Schwarzenberger, Schwarzenberger, influencers, Alison Lomax, Louise Kattenhorn, Matt Wells, — chatty, Conal Byrne, Will Ferrell, Nikki Glaser, Ryan Seacrest, Joe Gagliese, Liam Heffernan, RSS.com, Josh Adley, YouTube's, Natalie Amos, Listen's Adley, Keith Jenkins, Jenkins, Kristen Bousquet, Bousquet, Jay Clouse Organizations: YouTube, Ireland, BBC, Cumulus Media, Apple, Spotify, iHeart, Viral, Gleam Locations: London

☆ To video or not to video? Inside the biggest debate in podcasting and how it could shape the industry's future
▼ + stars: | 2023-06-26 | by ( Marta Biino | ) www.businessinsider.com time to read: +9 min

Money market funds Assets in retail money market funds grew to $1.99 trillion, according to the latest data from the Investment Company Institute . Further, even as money market funds offer relative safety, they can still face some risk. Don't confuse money market funds with money market accounts. Though money market accounts – which are offered by banks – are protected by the Federal Deposit Insurance Corporation, up to $250,000, money market funds are not. Certificates of deposit and high-yield savings accounts Liquidity should be a big factor for investors eyeing bank products like CDs and high-yield savings accounts.

Persons: Jamie Hopkins, Hopkins, Don Grant, Jordan Benold, Lehman, Danika Waddell, BancShares, Waddell Organizations: Federal, Carson Group, Sabre, Investment Company Institute, Investors, –, Lehman Brothers, Federal Deposit Insurance Corporation, Xena, BMO, Ally Financial, CIT Bank, Synchrony, Ally, Capital

Boric's shock announcement was all the more surprising as no DLE technology has reached commercial production without the use of those ponds, sparking competition to be the first. "Given those demand projections, there's definitely need for more supply from DLE," said Jordan Roberts, a Fastmarkets lithium industry analyst. A customer aiming to produce 15,000 metric tons of lithium each year, for example, could buy three stackable IBAT lithium plants. Exxon has also held talks with EnergySource Minerals about licensing DLE technology, two of the people said. Many brine deposits have varied chemical compositions, meaning it's unlikely that one DLE technology will emerge as a global leader.

Persons: DLE, Ken Hoffman, Gabriel Boric, Eramet, Sunresin, John Burba, That's, Alec Lucas, Jordan Roberts, IBAT, Garry Flowers, Eli Horton, Gavin Rennick, Sinead Kaufman, Dave Snydacker, Steven Schoffstall, doesn't, Chris Doornbos, Ernest Scheyder, Veronica Brown, Claudia Parsons Organizations: . Geological, EV Battery Materials Research, McKinsey & Co, Minerals, Battery Metals, Rio Tinto, Battery Tech, Fastmarkets, Exxon Mobil, Chevron, Reuters, Exxon, EnergySource Minerals, Koch Industries, Ford, SLB's New Energy, Mining, Solutions, BNP, BMW, Breakthrough Energy Ventures, Lake Resources, Miners, General Motors, Canadian, Imperial Oil, Thomson Locations: CHARLES , Louisiana, Europe, Asia, North America, Rio, U.S, DLE, Louisiana, Arkansas, Salton, Salt, Chile, Schlumberger, Nevada, Argentina

☆ The inflation trader hiring frenzy: Where top players are landing as the war for talent heats up
▼ + stars: | 2023-06-14 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +2 min

Inflation trading has gone from a backwater to a $4 billion business as consumer prices careen. It's led to a rush of hiring by banks and hedge funds eager to tap top talent. Insider breaks down the biggest departures, promotions, and hires in inflation trading. Inflation trading isn't new, but up until the last two years, it was a bit of a backwater. It's Winkworth's second move since the renaissance in inflation trading — he joined Deutsche from Morgan Stanley in 2021.

Persons: It's, Jimmy Carter, Joaquin de Soto, Goldman Sachs, Jordan Lange, Carrington Fox, Igor Cashyn, Guy Winkworth, Sukhjeet Atwal, Morgan Stanley, we'll Organizations: Citadel, Barclays, May, JPMorgan, Deutsche Bank, Deutsche

☆ How music lawyers are crafting a new playbook to protect artists from AI imitators
▼ + stars: | 2023-05-30 | by ( Dan Whateley | ) www.businessinsider.com time to read: +7 min

Copyright and right of publicity laws are top of mind for entertainment attorneys as AI songs surge. Here are four key takeaways from a recent panel on AI music hosted by the law firm Manatt. But the precise manner that AI-generated music, trained on a human artist's body of work, could violate copyright laws is still being defined. Streaming platforms like Spotify and YouTube will play a big role in AI's futureThe sheer volume of AI songs spit out onto streaming platforms could create detection challenges for rights holders. Music platforms like Spotify and YouTube could set limits on how much AI music spreads, the attorneys said.

☆ Jordan must accelerate reforms to drive faster growth -IMF
▼ + stars: | 2023-05-17 | by ( Suleiman Al-Khalidi | ) www.reuters.com time to read: +2 min

"With unemployment still high, and particularly among the youth and women, structural reforms are essential for achieving strong and inclusive growth and creating more jobs," IMF official Ron van Rooden told reporters. “Despite a challenging global and regional environment, Jordan has maintained macroeconomic stability," van Rooden said. Jordan's macroeconomic stability had helped it tap more favourable interest rates from international capital markets than other sovereign countries when it issued last months' Eurobond worth $1.25 billion, he said. "We are calling Jordan a success story because they have consistently implemented sound macroeconomic policy, fiscal policy, monetary policy," he said. Inflation was on track to moderate to 2.7% in 2023 from earlier projections of 3.8% with a tight monetary policy that helped to curb global inflationary pressures, van Rooden said.

Interviews with a U.S. senator, congressional staffers, AI companies and interest groups show there are a number of options under discussion. Some proposals focus on AI that may put people's lives or livelihoods at risk, like in medicine and finance. Other possibilities include rules to ensure AI isn't used to discriminate or violate someone's civil rights. Another debate is whether to regulate the developer of AI or the company that uses it to interact with consumers. GOVERNMENT MICROMANAGEMENTThe risk-based approach means AI used to diagnose cancer, for example, would be scrutinized by the Food and Drug Administration, while AI for entertainment would not be regulated.

☆ Jordan ends emergency laws that stifled public freedoms
▼ + stars: | 2023-05-07 | by ( Suleiman Al-Khalidi | ) www.reuters.com time to read: +2 min

It would mean a return to implementing scores of ordinary laws that were suspended as the government enacted many defence orders that touched every aspect of public life, according to government officials. Advocacy group Human Rights Watch (HRW) said Jordan had in the last few years intensified persecution and harassment of political opponents and ordinary citizens using a string of laws to silence critical voices. "Shelving the emergency law would be a good first step in increasing respect for basic rights," Coogle added. Dozens of activists were imprisoned and harassed and officials deny widespread abuses but said they would not tolerate civil unrest in Jordan at a time of economic hardship. Reporting by Suleiman Al-Khalidi; Editing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

[1/6] A general view shows the opening session of the meeting of Arab foreign ministers at the Arab League Headquarters, to discuss the Sudan and Syrian situations, in Cairo, Egypt May 7, 2023. It was taken at a closed meeting of foreign ministers at the Arab League's headquarters in Cairo, said Gamal Roshdy, spokesman for the Arab League's secretary general. While Arab states including the United Arab Emirates have pushed for Syria and Assad's rehabilitation, others, including Qatar, have remained opposed to full normalisation without a political solution to the Syrian conflict. Syria's membership of the Arab League was suspended in 2011 after a crackdown on street protests against Assad that led to a devastating civil war, and many Arab states pulled their envoys out of Damascus. Recently, Arab states have been trying to reach consensus on whether to invite Assad to an Arab League summit on May 19 in Riyadh to discuss the pace of normalising ties and on what terms Syria could be allowed back.

☆ Ohio GOP Rep. Jim Jordan holds Manhattan hearing to blast DA's record on crime despite 73% higher murder rate at home
▼ + stars: | 2023-04-17 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Rep. Jim Jordan held a Manhattan hearing criticizing its 'soft-on-real-crime' DA. The House Judiciary Committee hearing was met with pushback about crime in red states like Jordan's. NYPD stats show that the first three months of 2023 have seen a decline in Manhattan crime compared with the first three months of last year. The chairman is doing the bidding of Donald Trump," Nadler said. Bragg responded by suing Jordan and the House Judiciary Committee; his lawsuit seeks to block the subpoena and to stop Jordan's investigation.

☆ Jordan's 'Last Dance' sneakers sell for record $2.2 mln
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +1 min

April 12 (Reuters) - A pair of signed, game-worn Michael Jordan sneakers from the 1998 NBA Finals fetched a record $2.2 million on Tuesday, making them the most valuable sneakers ever sold, auction house Sotheby's said. He went on to win his sixth and final NBA Championship and was named the Finals MVP. Sotheby's said Jordan gifted the sneakers to a Jazz ball boy after the game as thanks for finding a lost jacket. They were the final pair of Breds that Jordan wore in a game. The previous record for a pair of sneakers was held by a pair of Kanye West's Nike Air Yeezy 1s, which Sotheby's sold for $1.8 million in 2021.

☆ Alvin Bragg's staff urges Jim Jordan to stay at home in Ohio if he wants a look at high murder rates rather than trekking to NYC
▼ + stars: | 2023-04-10 | by ( Warren Rojas | ) www.businessinsider.com time to read: +2 min

Manhattan District Attorney Alvin Bragg has charged Trump with falsifying business records. House Judiciary chair Jim Jordan is holding a field hearing in New York to try and shame Bragg. A Bragg aide said Jordan could more effectively crack down on crime by looking at murders in Ohio. A Bragg spokesman called the pending congressional visit a political stunt, telling Bloomberg News that murders in New York City were three times lower than the murder rate in Columbus, Ohio. New York City, which has a population of roughly 18.9 million, closed out 2022 with 433 murders, the Wall Street Journal reported, for a murder rate of 2.3 murders per 100,000 citizens.

☆ How podcasters use ChatGPT and other AI tools in their workflows — and what listeners think the rules should be
▼ + stars: | 2023-03-14 | by ( Marta Biino | ) www.businessinsider.com time to read: +6 min

Podcasters have been testing ChatGPT and a variety of other AI tools to support their workflow. 5 podcasters shared how they use AI tools and how they approach ChatGPT. Insider spoke with five podcasters about their use of ChatGPT and other AI tools in their everyday workflow. They also said they'd successfully experimented with other AI tools that cut down the editing and marketing portion of the process. Osborne and Motiversity founder Joel Huculak have used ChatGPT to write scripts for these videos.

☆ Why stablecoin company Circle is set to be the big winner in crypto after the collapse of Signature Bank and Silicon Valley Bank
▼ + stars: | 2023-03-14 | by ( April Joyner | ) www.businessinsider.com time to read: +5 min

The collapse of three crypto-friendly banks is a boon for stablecoin issuer Circle, investors said. Slivergate Bank, Silicon Valley Bank, and Signature all imploded in the space of a week. Circle keeps its reserves at BNY Mellon, which helped its stablecoin USDC recover after SVB's fall. Circle, the company behind the stablecoin USDC, is set to come ahead in the aftermath of the collapses of Silvergate Bank, Silicon Valley Bank, and Signature Bank, according to several investors and founders. One risk, however, is that recent bank failures prompt regulators to bar crypto companies, including Circle, from accessing the US banking system altogether.

☆ Fact Check-No evidence Jim Jordan announced Ray Epps will testify against FBI
▼ + stars: | 2023-03-13 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

No evidence supports online claims that U.S. Rep. Jim Jordan of Ohio said Ray Epps, a figure linked to the Jan. 6, 2021 attack on the U.S. Capitol, will testify about alleged FBI involvement in the attack. One tweet said Jordan “just announced” Epps “flipped and will testify” against the FBI, and “watch as they now start to testify against each other-OMG..” (here). Jordan has not posted about Epps or the Jan. 6 attack on his website (jordan.house.gov/), Twitter (twitter.com/Jim_Jordan) or Facebook (www.facebook.com/repjimjordan/). Reporting on how Ray Epps became the target of these conspiracy theories can be found (here ), (here). There is no evidence that Rep. Jim Jordan publicly announced Ray Epps will testify against the FBI regarding the Jan. 6, 2021, attack on the U.S. Capitol.

NEW YORK, March 13 (Reuters) - Credit risk indicators flashed red on Monday, as investors worried about contagion risks across corporate debt markets after the collapse of Silicon Valley Bank (SVB) and New York's Signature Bank in the space of 72 hours. Investment grade credit spreads, which indicate the premium investors demand to hold corporate bonds over safer government debt securities, have also been widening. The BlackRock Investment Institute said that after recently trimming its 'overweight' recommendation for investment grade credit, it was reassessing its view due to tighter financial conditions. In money markets, a closely watched indicator of credit risk in the U.S. banking system edged up on Monday. Other banks with California exposure were taking the brunt of the sell-off in the debt capital markets, he added.

☆ Swiss National Bank does not rule out more interest rate hikes
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +2 min

ZURICH, March 7 (Reuters) - The Swiss National Bank cannot rule out that it will have to raise interest rates again to bring inflation under control, Chairman Thomas Jordan said on Tuesday. The market now sees a 52% probability the central bank will increase its policy rate by 75 basis points from the current level of 1%, and a 48% probability for a 50 basis point hike. Jordan said that although Swiss inflation was low by international comparison, it was still outside its goal. Credit Suisse on Monday raised its forecast for the SNB's policy rate, saying it now expected a 75 basis point hike instead of its previous view for a 50 basis point increase. UBS meanwhile expects a 50 basis point increase in March, and keep rates stable for the rest of 2023.

☆ Wall Street has purchased hundreds of thousands single-family homes since the Great Recession. Here's what that means for rental prices
▼ + stars: | 2023-02-21 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +3 min

Institutional investors may control 40% of U.S. single-family rental homes by 2030, according to MetLife Investment Management. And a group of Washington, D.C., lawmakers believe that Wall Street needs to back away from the market. Khanna is the lead author of the Stop Wall Street Landlords Act of 2022. "What's outrageous is your tax dollars are helping Wall Street buy up single-family homes," he said in an interview with CNBC. Since the early 2010s, Tricon Residential, Progress Residential, American Homes 4 Rent, Invitation Homes have each bought thousands of homes.

☆ Boost your portfolio income with this hybrid asset. Just be aware of the recession risk
▼ + stars: | 2023-02-16 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

For yield-hungry investors, preferred stocks offer a way to boost portfolio income. Preferred stocks are a hybrid asset. They have yields, which move inversely to the value of the preferred stock – the same way bonds do. "However, with bond yields rising, the place for preferred stock in a portfolio should be used sparingly." For those who want to stretch for yield and take on a little more risk, preferred stocks are another attractive possibility.

House Freedom Caucus members, who want to shrink the role of government, are demanding reductions in government spending. The Freedom Caucus members also raised significant sums from larger donors and traditional political fundraising committees. Unlike other congressional caucuses, the House Freedom Caucus doesn't disclose its membership, a practice that began in 2015. While McCarthy has pledged that the government won't default, the Republicans' narrow 222-212 majority has given outsized power to the Freedom Caucus. 'I AIN'T LISTENING'Freedom Caucus members are among the most conservative members of Congress, according to their voting records.

☆ Analysis: Investors seek uncorrelated assets on worries volatility will return
▼ + stars: | 2023-02-10 | by ( Laura Matthews | ) www.reuters.com time to read: +5 min

Yet some market participants are convinced the Federal Reserve’s fight against inflation will keep markets volatile and are allocating funds to so-called alternative investments. Those types of returns are not typical, however, and the performance of CTAs has been more muted in less volatile markets. Private markets raised $216.9 billion in 2022, putting assets at $1.4 trillion as at June 2022, from $311 billion in 2010, according to data provider Preqin. A 2023 study from State Street found that 68% of investors plan to increase their allocation to private markets in the next two to three years. "In that environment, stocks and bonds are likely to be more correlated."

☆ Southwest plans to tell Senate it's confident in its schedule after holiday meltdown
▼ + stars: | 2023-02-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Southwest Airlines plans to apologize before a Senate panel on Thursday over the carrier's December meltdown that stranded hundreds of thousands of travelers around Christmas. "In hindsight, we did not have enough winter operational resilience," Chief Operating Officer Andrew Watterson said in written testimony, which was reviewed by CNBC, ahead of Senate Commerce Committee hearing. The debacle made for an $800 million pretax hit and drove the carrier to a net loss last quarter. Watterson plans to tell the committee that the carrier has made short-term improvements to communicate more easily with crews when things go wrong and has improved tools that keep track of the operation's stability. With those mitigation tools, "we are confident in our flight network and the schedules we have published for sale," Watterson plans to say, according to the testimony.

☆ Southwest CEO Jordan finds himself in eye of storm after airline's holiday debacle
▼ + stars: | 2023-02-08 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +6 min

CHICAGO, Feb 8 (Reuters) - Bob Jordan, Southwest Airlines Co's (LUV.N) CEO, faces the biggest challenge yet in his 35-year career at the airline that has built a customer-friendly reputation. Southwest's struggles reached a notable low on Jan. 28 when comedy sketch TV show "Saturday Night Live" lampooned the Dallas-based airline's technology and service. The carrier will now answer to U.S. Congress on Thursday when Chief Operating Officer Andrew Watterson testifies before the Senate Commerce Committee. In October, Jordan, who started his career at Southwest in 1988 as a computer programmer, put Watterson in charge of the airline's operations. Last week, Jordan also named a chief information officer who will help manage the airline's technology investments, upgrades and system maintenance.

☆ Southwest Airlines is testing a software fix it developed after the Christmas travel meltdown
▼ + stars: | 2023-01-26 | by ( Gregory Wallace | ) edition.cnn.com time to read: +3 min

Washington CNN —Southwest Airlines said it is testing software fixes that the company developed after its Christmas travel meltdown, as the airline faces multiple federal investigations. The software fixes are an “upgrade,” rather than a replacement of the crew scheduling system, Southwest executives said on a conference call with reporters Thursday. The company decided to keep the underlying software system because it “generally worked as designed” even during the meltdown, CEO Bob Jordan said. “We haven’t even talked cost, so I don’t know if it’s going to cost us anything or not,” said Southwest Chief Operations Officer Andrew Watterson. That external report should be delivered in the coming weeks and “we will attack it with a sense of urgency,” Jordan said.

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