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[1/2] A trader works at the Frankfurt stock exchange, amid the coronavirus disease (COVID-19) outbreak, in Frankfurt, Germany, December 30, 2020. The Consumer Price Index (CPI) gained just 0.2% last month, the Labor Department said on Wednesday, lifted by rises in gasoline prices as well as rents, which offset a decrease in prices of used motor vehicles. CPI advanced 3.0% in the 12 months through June, down from 4.0% in May and the smallest year-on-year increase since March 2021. /FRXU.S. Treasury yields also dropped, with the 10-year Treasury yield now at 3.853%, down 12.9 basis points . EARNINGS AHEADOvernight in Asia, Australia's S&P/ASX 200 index (.AXJO) rose 0.4%, while the bouncing yen knocked Japan's Nikkei (.N225) down 0.8%.

Persons: Ralph Orlowski, Alexandra Wilson, Elizondo, Bryce Doty, Australia's, Wells, Scott Wren, Wren, Brent, Lawrence Delevingne, Marc Jones, Ankur Banerjee, Jan Harvey, Chizu Nomiyama, Mark Heinrich Our Organizations: REUTERS, Companies U.S, Treasury, Index, Labor Department, Dow Jones, Nasdaq, Goldman Sachs Asset Management, Bank of England, U.S, Sit Investment, Fed, Bank of Canada, Japan's Nikkei, JPMorgan, Citigroup, Wells, Investment Institute, Brent, Thomson Locations: Frankfurt, Germany, U.S, Minneapolis, Asia, dealmaking, Boston, London, Singapore, Carolina, New York

☆ Opinion | The Nature of Joy
▼ + stars: | 2023-06-26 | by ( Margaret Renkl | ) www.nytimes.com time to read: +3 min

Joy is not a given in the natural world. The baby rabbit I watched cavorting in the pollinator garden was almost certainly born in the nest next to our backyard brush pile. I have seen no other survivor from that litter, and their mother is still the lone adult rabbit in the yard. I think the ever-present threat my wild neighbors live with must tell us something about the nature of joy. Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram.

Persons: Rascal, haven’t, —, Margaret Renkl, ” Organizations: New York, Facebook, Twitter Locations: Virginia, Eden

☆ Central banks to Wall Street: More pain is coming
▼ + stars: | 2023-06-23 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —Market euphoria in early June, spurred on by a pause in interest rate hikes by the Federal Reserve, is well behind us now. What’s happening: It’s been just over a week since the Federal Reserve paused its 14-month regimen of interest rate hikes to fight inflation. The Bank of England, meanwhile, surprised investors by raising interest rates in the UK by an outsized half of a percentage point. Central banks had been making smaller interest rate moves as inflation began to ease off of recent highs. Elsewhere in Europe, central banks in Norway and Switzerland also hiked rates to decade-high levels on Thursday.

Persons: We’re, It’s, Jerome Powell, ” Powell, Stocks, Scott Wren, Wells, ”, Samantha Delouya, Elon Musk, Mark Zuckerberg, Musk, Zuckerberg, Hanna Ziady, Alex Heath, “, Paddy Power Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Central Bank, Nasdaq, Senate, Financial Services, The Bank of England, Bank of England, Fed, Commonwealth, 3M, WWE, Tech, Twitter, Meta, “ Locations: New York, Europe, Norway, Switzerland, ” Switzerland, United States, Wells Fargo, Las Vegas

☆ Are You Up For a ‘Soft’ Adventure? 3 Vacation Ideas for the Mildly Outdoorsy
▼ + stars: | 2023-06-15 | by ( Nina Molina | ) www.wsj.com time to read: 1 min

EASY DOES IT A trek to Haida Gwaii includes a hike to old-growth forests. Photo: Entrée CanadaWREN HUDGINS has “always been an outdoorsy person”—but while still drawn to the planet’s wilder locales, the retired psychologist from Issaquah, Wash., has been taking fewer risks since entering his 70s. In recent years, Hudgins and his wife, Leigh, have embarked on a handful of trips with Aurora Expeditions, a travel company based in Surry Hills, Australia, specializing in cruises and tours to places like Svalbard, Norway, where the couple experienced “adventure in small doses.”

Persons: WREN HUDGINS, Hudgins, Leigh Organizations: Aurora Expeditions Locations: Issaquah, Wash, Surry Hills, Australia, Svalbard, Norway

☆ Don't chase the rally in stocks because a recession is coming and current earnings estimates are too high, a Wells Fargo strategist says
▼ + stars: | 2023-06-14 | by ( Zinya Salfiti | ) www.businessinsider.com time to read: +2 min

Wells Fargo isn't in favor of chasing the rally in US stocks, and is looking to fade the year-to-date gains, the bank's senior global market strategist said. We're not expecting the Fed to cut rates, we think earnings estimates are too high," he told CNBC. We're not expecting the Fed to cut rates, we think earnings estimates are too high. So for us, we want to fade this rally and look to pick up some stocks at lower levels," Wren told the outlet. We think inflation will be below 3% by the end of the year."

Persons: Wells, Scott Wren, We're, —, Wren, We've, it's Organizations: CNBC, Service, Wells Fargo's, Federal Reserve

☆ Wells Fargo's Scott Wren says he is fading the stock market rally
▼ + stars: | 2023-06-13 | 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 EmailWells Fargo's Scott Wren says he is fading the stock market rallyScott Wren, Wells Fargo, joins 'Closing Bell' to discuss the market rally, Fed decision and market outlook.

Persons: Wells, Scott Wren Locations: Wells Fargo

☆ Economy faces headwinds leading into possible recession, says Wells Fargo's Scott Wren
▼ + stars: | 2023-06-06 | 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 EmailEconomy faces headwinds leading into possible recession, says Wells Fargo's Scott WrenScott Wren, Wells Fargo Investment Institute senior global market strategist, joins 'Closing Bell Overtime' to discuss the state of the stock market, where investors should be putting their money, and the Federal Reserve's next moves.

Persons: Wells Fargo's Scott Wren Scott Wren Organizations: Fargo Investment Institute, Federal Locations: Fargo

☆ Watch CNBC's full interview with Wells Fargo's Scott Wren
▼ + stars: | 2023-06-06 | 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 EmailWatch CNBC's full interview with Wells Fargo's Scott WrenScott Wren, Wells Fargo Investment Institute senior global market strategist, joins 'Closing Bell Overtime' to discuss the state of the stock market, where investors should be putting their money, and the Federal Reserve's next moves.

Persons: Wells Fargo's Scott Wren Scott Wren Organizations: Fargo Investment Institute, Federal Locations: Fargo

☆ No job, no problem: For some, a 'funemployment' summer after quitting sounds like a perfect plan
▼ + stars: | 2023-06-06 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

"I want to take a beat and decide how I'm going to live my life," Pena, 37, told Insider. "People now have more freedom to hop in and out of the labor market," she told Insider. Wren Taylor, 35, enjoyed her summer of funemployment last year after being laid off from her corporate marketing job. "Their comments affirmed that I wasn't wasting my time," she told Insider. During job interviews, she said that all she could think about was the freedom she'd lose by going back to a traditional job.

Persons: Suzy Welch, —, Delia Pena, " Pena, Pena, she's, I'm, Gen, funemployment, Randall Peterson, who'd, Wren Taylor Wren Taylor, Julia Pollak, Pollak, Wren Taylor, they'd, I'd, Wren Organizations: NYU, Service, London Business School, ZipRecruiter, Labor Department, Catalina Locations: funemployment

☆ Meet David Sacks, the friend of Elon Musk who could play kingmaker for Ron DeSantis
▼ + stars: | 2023-06-01 | by ( Brian Schwartz | ) www.cnbc.com time to read: +12 min

Ron DeSantis — including hosting the candidate's kickoff event on Twitter — demonstrate how Sacks is working to become a GOP kingmaker. A DeSantis campaign spokesman did not return a request for comment before publication. Sacks, according to Puck, serves as one of the group's directors. Kevin McGrann, a lobbyist at government relations juggernaut Forbes Tate Partners, is also linked to Bay Strategies, according to Hall. And Sacks said during a recent episode that he plans to ask the DeSantis campaign for the Florida governor to agree to an interview.

Persons: David Sacks, Paul Chinn, Caroline Wren, Wren, Donald Trump's, Jan, president's, Sacks, George Soros, Puck, Ron DeSantis, Peter Thiel, Ro Khanna, didn't, Joe Biden, Thiel, Elon Musk, –, Joe Lonsdale's, Julie Samuels, Samuels, DeSantis, I've, Trump, Stewart Hall, Jill Kendrick, Hall, Sen, Richard Shelby, Kendrick, Kevin McGrann, juggernaut Forbes, McGrann, John Boehner, OpenSecrets, Musk, Bari Weiss, isn't, Peter, Jason Calacanis, David Friedberg, Chamath, Robert F, Kennedy Jr, Kennedy, Biden, Nikki Haley, Calacanis Organizations: TechCrunch, Calif, San Francisco Chronicle, Hearst Newspapers, Getty Images Venture, Trump, U.S . Capitol, Republicans, Commission, Florida Gov, Twitter, GOP, PayPal, CNBC, Democratic, Microsoft, DeSantis, Purple Good Government PAC, FEC, Ron DeSantis PAC, PAC, Republican Party, Purple Good Government, Stewart, Public, Crossroads, Altria Group, Boeing, General Electric, Hearst Corp, Washington , D.C, Forbes Tate Partners, juggernaut Forbes Tate Partners, Forbes Tate, Association of Independent Mortgage Experts, United Wholesale Mortgage, SpaceX, Republican, YouTube, Biden, CNN Locations: San Francisco, Florida, Silicon, Trump, DeSantis, Puck, Washington ,, Ohio

☆ The Star Wars timeline: All movies and shows in chronological order
▼ + stars: | 2023-05-04 | by ( Scottie Andrew | ) edition.cnn.com time to read: +15 min

These details are pulled from the official “Star Wars” resources “Ultimate Star Wars” and “Star Wars Character Encyclopedia,” as well as experts from outlets like USA Today and the AV Club. ‘Star Wars: The Clone Wars’ (animated series)Ahsoka is Anakin's padawan in "The Clone Wars," and he lovingly calls her "Snips." ‘Solo: A Star Wars Story’"Solo" shows how Han and Chewie became best friends. ‘Star Wars Rebels’Kanan Jarrus, Zeb Orrelios and Sabine Wren take on the Empire in "Star Wars Rebels." ‘Rogue One: A Star Wars Story’Heroes attempt to find the plans to blow up the Death Star in "Rogue One."

☆ The CEOs of the world's biggest advertising companies just outlined how AI is about to transform their businesses
▼ + stars: | 2023-04-28 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Advertising agency CEOs are eager to signal their companies' AI expertise to Wall Street. Speaking on this quarter's earnings calls, executives at the world's largest advertising agency groups also outlined some of their recent AI client projects and technology task forces. "What's changed over the last six months is the application of AI through generative AI into the creative process," Read said. Omnicom is running more than 20 projects where it combines Omnicom's historical data with GPT's automation technology, Wren said, though he didn't specify exactly how it was being deployed. That will require more creative assets, Sadoun said on the Publicis earnings call.

☆ Omnicom to Reduce Global Real-Estate Space Even as Employees Return to the Office
▼ + stars: | 2023-04-19 | by ( Patrick Coffee | ) www.wsj.com time to read: 1 min

Omnicom plans to reduce its real-estate footprint by more than 1.6 million square feet, Chief Executive John Wren said. Photo: Omnicom GroupOmnicom Group Inc. said it will significantly reduce its real-estate footprint and formalize return-to-office requirements for all U.S. employees as the company said it expects growth to continue through 2023, an indication that executives believe marketers’ continued spending will help the advertising giant largely avoid the economic headwinds that have hit the tech and finance industries. Omnicom, which owns agencies such as BBDO, OMD and TBWA, will require all U.S. employees to return to the office at least three days per week, Chief Executive John Wren said on a call to discuss the company’s first-quarter earnings.

☆ Seen Big Ben already? Here's a Londoner's guide to visiting other parts of the city
▼ + stars: | 2023-02-15 | by ( Lucy Handley | ) www.cnbc.com time to read: +11 min

Central London's City of Westminster is its political heart, while the City of London is where the capital's financial decisions happen. But be warned: Several paths across Hyde Park are pedestrian-only, and police often fine people who cycle on them. The City of London is a blend of old and new, with St Paul's Cathedral close to skyscrapers as well as Roman ruins. While north London has Hampstead Heath, south of the river is Richmond Park, which dwarfs its northern counterpart in size. There's also a branch in central London's Covent Garden — the flower-filled restaurant The Petersham — that has an sit-down deli and bar.

☆ Omnicom CEO Wants to Embrace Generative AI as Quickly as Possible
▼ + stars: | 2023-02-07 | by ( Megan Graham | ) www.wsj.com time to read: +3 min

The company reported organic revenue growth of 7.2% in the fourth quarter, beating the average analyst estimate of 3.7% organic revenue growth, according to FactSet. Organic revenue growth was 9.4% for the full year, the company said, beating the average analyst estimate of 8.4%. The company said it is forecasting organic revenue growth this year of 3% to 5%. Organic revenue growth is a metric that removes the effects of currency fluctuations, acquisitions and disposals. Reported total revenue in the fourth quarter of 2022 increased 0.3% to $3.87 billion versus a year earlier.

☆ Republicans are mostly ignoring a $9.4 million sexual assault lawsuit against the Trump-aligned head of CPAC
▼ + stars: | 2023-01-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +11 min

A GOP staffer accused CPAC head Matt Schlapp of sexually assaulting him, filing a $9.4 million lawsuit. A screenshot of the staffer's texts with Matt Schlapp on the morning after the assault on October 20, 2022. "I had a private life before Matt Schlapp, and I want to have that life post-Matt Schlapp," he said. "Those are simply allegations, and I'm not going to comment on them," said Republican Sen. Bill Hagerty of Tennessee. "All matters pertaining to CPAC, I leave to CPAC internally," he said when asked if Matt Schlapp should remain atop the organization.

☆ Kimberly Guilfoyle described January 6 organizers, including one of her friends, as gossipy 'Mean Girls' who had turf wars and complained about each other
▼ + stars: | 2022-12-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Kimberly Guilfoyle compared two female GOP organizers to the teenage girls in "Mean Girls." The exchange appeared in Guilfoyle's January 6 witness testimony before the House panel. Guilfoyle told the committee that Pierson and Wren's arguing was generally unpleasant to be around. "Like 'Mean Girls.'" Minutes later, Guilfoyle told the committee she considered Wren a friend, though she couched her explanation of their relationship.

☆ Factbox: Six highlights from testimony released by the Jan. 6 committee
▼ + stars: | 2022-12-29 | by ( Moira Warburton | ) www.reuters.com time to read: +4 min

Since the release of its report last week, the committee has released testimony transcripts highlighting other developments in Trump's White House, before and after the riot. "The president floated the idea and Cipollone said no," McEntee told the committee, referring to Pat Cipollone, former White House counsel. He said something to the effect of, God, no," Hutchinson told the committee, referring to the memo. Originals of all White House documents must be kept for the archives, but copies can be burned. She suspected her former lawyer of leaking her testimony to the press, and telling other Trump-adjacent figures about what she told the committee.

☆ Premarket stocks: Wall Street's dirty secret: It's terrible at forecasting stocks
▼ + stars: | 2022-12-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

What’s happening: Last year, Goldman Sachs analysts predicted that the S&P 500 would close out 2022 at 5,100 points. With those caveats, let’s get to Wall Street’s predictionsThe numbers: Forecasts for where the S&P 500 will finish 2023 vary greatly. Analysts overestimated the final value (that is, the final value finished below the estimate) in 13 of the 20 years and underestimated the final value (the final value finished above the estimate) in the other 7 years. They’re on track to have overestimated the performance of the S&P 500 in 2022 by nearly 40%. During this period, the S&P 500 has historically gained 1.3% on average, according to data from LPL Financial going back to 1950.

Ali Alexander said he believed White House wanted him to lead rallygoers to Capitol "Stop The Steal" organizer Ali Alexander believed the White House wanted him to lead attendees of Trump's Jan. 6 rally to the Capitol, the report said. Alex Jones, who has claimed the White House told him to lead the march, texted Wren at 12:27 p.m. Finally one of the staffers told Trump they thought he should focus on his speech. Trump told Jan. 6 demonstrators at the Capitol in a Twitter video that he loved them but that they should go home. The information was expected to be available as soon as Thursday — the day the House Jan. 6 committee is set to issue its final report on the riot.

☆ Expect inflation to come down quickly next year, says Wells Fargo's Scott Wren
▼ + 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 EmailExpect inflation to come down quickly next year, says Wells Fargo's Scott WrenScott Wren, Wells Fargo Investment Institute, joins 'Closing Bell' to discuss his market and economic outlook.

☆ Former House Speaker Newt Gingrich says 'it's hard to imagine' Pence 'getting by both Trump and DeSantis' in a GOP presidential primary
▼ + stars: | 2022-12-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Gingrich said it would tough for Pence to topple both Trump and DeSantis in a 2024 GOP field. "It's hard to imagine him getting by both Trump and DeSantis," Gingrich told Politico's Adam Wren. While Trump has launched his 2024 White House bid, Pence and DeSantis are not currently in the race. Ron DeSantis of Florida in a GOP presidential primary if the former vice president were to jump into the 2024 race. "It's hard to imagine him getting by both Trump and DeSantis," Gingrich said.

☆ A GOP strategist says Mike Pence 'could not go to a Trump rally and be safe' and calls the former VP 'a relic'
▼ + stars: | 2022-12-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

A GOP strategist told Politico that Mike Pence "could not go to a Trump rally and be safe." Pence continues to tease a potential 2024 presidential run, which would pit him against Trump. But among base Republicans, many of whom remain solidly behind Trump as the 2024 presidential election approaches, Pence has lost much of his luster. "Mike Pence could not go to a Trump rally and be safe," she told Wren. Brian Kemp of Georgia who have frustrated Trump in the past — while continuing to mull over a 2024 presidential bid of his own.

☆ Direct ChassisLink changes hands in $3.6 billion deal-sources
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +1 min

The deal marks a win for Apollo, which acquired a majority stake in Charlotte, North Carolina-based Direct ChassisLink and logistics and digital supply chain solutions company Blume Global from EQT in 2019 for around $2.5 billion, including debt. Excluding Blume's remaining value, Apollo made two times the money it invested, according to a person familiar with the matter. Blume separately raised money from outside investors in 2021 at a valuation of $500 million. Direct ChassisLink controls a fleet of over 151,000 marine and 100,000 domestic chassis. Reporting by David Carnevali in New York; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ Fight for control of the RNC turns heated as some members demand change
▼ + stars: | 2022-12-15 | by ( ) edition.cnn.com time to read: +15 min

CNN —Shortly before announcing her campaign against Republican National Committee chair Ronna McDaniel, Harmeet Dhillon, a well-connected conservative attorney, phoned an important ally to solicit his thoughts. Republican voters and local officials have bombarded committee members with emails and calls about the party’s next chair, often berating them directly for the GOP’s underwhelming performance in the midterms, according to four committee members who requested anonymity to describe their experience. During the same period, her law firm received nearly $900,000 from the RNC, federal election data shows. We are all independent thinkers, and we know what’s best for our states,” said Jeff Kent, a committee member from Washington. “It’s very hard to beat an incumbent RNC chair if that incumbent wants to stay,” said Bill Palatucci, a New Jersey committeeman.

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