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☆ Stock sentiment is positive despite lousy headlines
▼ + stars: | 2023-01-09 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

New York CNN —It’s only early January, but so far in 2023 the pendulum on Wall Street has swung (to paraphrase Billy Joel) from sadness to euphoria. But why is there such optimism on Wall Street all of a sudden? But it also showed the pace of job growth is slowing — and that could be a precursor to an eventual recession. But Wall Street is a funny place: Good news is often viewed as a bad sign, and vice versa. As long as the Fed can get inflation under control, investors might not be too concerned by a recession anyway.

☆ Teeter: The recipe is there for modest gains on the year
▼ + stars: | 2023-01-03 | 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 EmailTeeter: The recipe is there for modest gains on the yearRobert Teeter, Head of the Investment Policy & Strategy Group at Silvercrest Asset Management, joins Worldwide Exchange to discuss the markets.

Last year, the nation’s largest LGBTQ advocacy organization, the Human Rights Campaign, labeled 2021 the “worst year” for LGBTQ rights in modern U.S. history, citing a record number of anti-LGBTQ bills introduced in state legislatures across the country. “The LGBTQ+ community is really under siege right now,” said Ricardo Martinez, CEO of LGBTQ advocacy group Equality Texas. One bill that was successfully implemented, and gained national headlines for months, was Florida’s Parental Rights in Education law, or what critics have dubbed the “Don’t Say Gay” bill. The word “grooming” has long been associated with mischaracterizing LGBTQ people, particularly gay men and transgender women, as child sex abusers. Those losses came after some conservative groups ramped up misleading or inflammatory campaign ads targeting transgender rights.

Dec 25 (Reuters) - Russia's nuclear arsenal and the rules Moscow has laid out for its use are the only factors preventing the West from starting a war against Russia, a top ally of President Vladimir Putin said in an article published on Sunday. "Is the West ready to unleash a fully-fledged war against us, including a nuclear war, at the hands of Kyiv?" Putin and other senior officials have repeatedly said Russia's policy on nuclear weapons dictates they can be used if there is a threat to territorial integrity. Earlier this month, Putin said the risk of a nuclear war was rising, but insisted Russia had not "gone mad" and that it saw its own nuclear arsenal as a purely defensive deterrent. If Russia did not get the security guarantees it is demanding, he said, "The world will continue to teeter on the brink of World War Three and nuclear catastrophe.

"It's a knife edge between whether we're going to teeter into a recession or have a soft landing. said Brown who also noted that moves may be exaggerated as many investors take vacation around the end-of-year holidays. Declining issues outnumbered advancing ones on the NYSE by a 2.80-to-1 ratio; on Nasdaq, a 2.63-to-1 ratio favored decliners. The S&P 500 posted 5 new 52-week highs and 20 new lows; the Nasdaq Composite recorded 66 new highs and 456 new lows. On U.S. exchanges 11.07 billion shares changed hands, compared with the 11.59 billion average for the last 20 trading days.

☆ Price Pressures Ease in U.S. and Europe, Businesses Say
▼ + stars: | 2022-12-16 | by ( Austen Hufford | Paul Hannon | ) www.wsj.com time to read: 1 min

Price pressures eased at the end of the year as central banks fought high inflation, businesses in the U.S. and Europe say, though the global economy continued to teeter with the possibility of a recession. Household demand for goods is weakening across the globe, and factories are cutting production in response. That has taken pressure off supply chains, leading to a downshift in price increases and slowing global trade.

☆ Morning Bid: Thank you, next
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +2 min

The U.S. central bank on Wednesday raised interest rates by half a percentage point after delivering four consecutive 75 bps hikes, but signalled more increases in borrowing costs by the end of 2023. With a looming recession on investors' minds there is a hint of scepticism on whether the Fed will follow through on rate hikes in the face of slowing growth. At about 4.9%, markets price a lower peak in the funds rate than the 5.1% median projection from Fed officials. Norges Bank and the Swiss National Bank are also expected to hike rates, with economists forecasting a 25 bp hike in Norway and a 50 bp hike in Switzerland. Reuters Graphics Reuters GraphicsThe country's central bank ramped up cash injections into the banking system and held interest rates unchanged on medium-term policy loans to keep liquidity conditions ample.

☆ Kroger and Albertsons would likely shutter stores as part of a planned merger. See if your local store is at risk.
▼ + stars: | 2022-12-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Kroger and Albertsons could sell or close stores if their $20 billion merger is approved. A map showing Kroger and Albertsons stores KrogerIn some ways, the companies' store networks complement each other. As part of the deal, Kroger and Albertsons have agreed to sell up to 650 stores. Eliminating stores in those locations is one way that Kroger and Albertsons could cut costs as a combined company, he added. In order to get federal approval for their merger, Albertsons and Safeway had to sell just under 150 to another grocery chain.

His children's school expenses are mostly covered by a charity and a portion of his medicine is subsidised by the state. Before, we used to plan for a month or a year or two ... now, we've lost that ability," he said. The government says it remains committed to implementing reforms that would pave the way for an IMF deal. While Lebanon had long relied on remittances, the flow has increased as some 200,000 people had emigrated since 2019, he said. Meanwhile, basic state functions are increasingly propped up by international donors seeking to prevent total state failure.

FTX head Sam Bankman-Fried said he was "exploring all the options", but fading hopes for rescue left FTX teetering. A message on the FTX website said: "FTX is currently unable to process withdrawals. "The dagger will continue to hang over the crypto market, as long as the outlook of FTX's fate remains unclear." 'CONFIDENCE CRISIS'There are also early signs that the fallout could spread beyond crypto markets, with jittery stockmarkets sliding on Wall Street overnight. Most crypto players remain bullish about the long term, but are braced for further falls in the near future.

☆ What will the Fed do next? Follow the economy, not what Jerome Powell says
▼ + stars: | 2022-11-07 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

But Fed Chair Jerome Powell dashed those hopes during his press conference when he talked about how the Fed is still extremely worried about inflation. Here’s the thing, though: Investors are paying way too much attention to what Powell and other Fed members are saying about the economy and not focusing enough on numbers that show how the economy is actually doing. So much can change and there is always a constant flood of new data (and new speeches from Fed policy makers) to digest and parse. Keep an eye on that data more than Fed speeches and volatile interest rates futures. And the fed funds rate futures are going to keep changing based on what the latest economic reports look like.

☆ Investors will reap billions if Kroger takes over Albertsons. Workers and shoppers may not be as happy.
▼ + stars: | 2022-11-05 | by ( Gretchen Morgenson | Gretchen Morgenson Is The Senior Financial Reporter For The Nbc News Investigative Unit. A Former Stockbroker | She Won The Pulitzer Prize In For Her | ) www.nbcnews.com time to read: +11 min

Wealthy investors in Safeway’s parent, Albertsons Companies, have done better. And next week, they were slated to reap a $4 billion cash dividend in connection with a proposed $25 billion takeover of Albertsons by rival Kroger. Based on that stake and the amount of the dividend, Cerberus stands to receive roughly $1 billion of the dividend payout. Six of Albertsons’ 14 directors who voted for the dividend are affiliated with the major investors. This is the last, best and final hope for a truly unionized chain.”Nervous about the pensionThe proposed $4 billion cash dividend is large by many measures.

☆ Teeter: Continued strength in the jobs market allows time for inflation numbers to improve
▼ + stars: | 2022-11-04 | 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 EmailTeeter: Continued strength in the jobs market allows time for inflation numbers to improveRobert Teeter, Managing Director and Head of the Investment Policy & Strategy Group at Silvercrest Asset Management, joins Worldwide Exchange to discuss how moves by the Federal Reserve are impacting the markets.

☆ Key inflation gauge for the Fed rose 0.5% in September, in line with expectations
▼ + stars: | 2022-10-28 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

An economic gauge that the Federal Reserve follows closely showed that inflation stayed strong in September but mostly within expectations, the Bureau of Economic Analysis reported Friday. The core personal consumption expenditures price index increased 0.5% from the previous month and accelerated 5.1% over the past 12 months, the report showed. The monthly gain was in line with Dow Jones estimates, while the annual increase was slightly below the 5.2% forecast. Including food and energy, PCE inflation rose 0.3% for the month and 6.2% on a yearly basis, the same as in August. However, when adjusted for inflation, spending rose just 0.3%.

☆ Kanye West's antisemitic rants are the tip of a much longer spear
▼ + stars: | 2022-10-25 | by ( Tal Lavin | ) www.businessinsider.com time to read: +9 min

Recent comments by Kanye West, now known as Ye, echo ancient antisemitic tropes, writes Tal Lavin. Over on Instagram, where I'd posted a picture of me cuddling a goat, someone commented: "Kanye West was right about you people." But these sentiments are just the tip of a much longer spear. Ye's comments in particular echo a very long history of antisemitic tropes — tropes that have left a trail of blood in their wake. On "Drink Champs" Ye spit into the mic about the evils of the "Jewish media."

☆ A merger with Albertsons could bring Kroger's tech initiatives, like automated warehouses and smart carts, to over 5,000 locations
▼ + stars: | 2022-10-17 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +13 min

Kroger is building its own tech infrastructure, including automated warehouses for delivery orders. Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. Another partnership, this one with the autonomous-car startup Nuro, has stationed self-driving vehicles to deliver grocery orders in certain cities since 2018.

☆ What would a Kroger-Albertsons merger mean for grocery prices?
▼ + stars: | 2022-10-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

A Kroger-Albertsons merger could reshape the grocery industry. The companies say they will divest hundreds of stores in areas where they overlap to win regulatory approval. Albertsons has higher prices than Kroger and other grocers, analysts say, and they predict Kroger will try to reduce Albertsons prices to be more competitive against discount chains like Aldi. Antitrust advocates say the merger would force out competition and concentrate power among the largest chains, driving up prices. A Kroger-Albertsons merger would spark a fresh wave of mergers and acquisitions as companies seek to keep up, analysts predict.

☆ Premarket stocks: The housing market is a mess, but this isn't 2008
▼ + stars: | 2022-10-17 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

But within those reports, investors found ominous clues about the future of the housing market, underscoring fears of an upcoming crisis. “We’ve had a time of a red-hot housing market all over the country,” Fed President Jerome Powell told me in September. “For the longer term what we need is supply and demand to get better aligned so that housing prices go up at a reasonable level…and people can afford houses again. “This is the sharpest turn in the housing market since the housing market crash in 2008,” said Redfin’s chief economist, Daryl Fairweather, last month. What’s next: Investors will next look to housing starts data next week as an indicator of where the housing market is headed.

☆ Kroger deal to buy rival grocery company Albertsons could be announced this week
▼ + stars: | 2022-10-13 | by ( Melissa Repko | ) www.cnbc.com time to read: +2 min

Kroger could announce a deal to buy rival grocery company Albertsons this week, sources told CNBC's David Faber. The companies could announce the all-cash deal as soon as Friday morning, sources told Faber. Albertsons' market cap is about $14.9 billion. Its stores, which now include Amazon Fresh, still command a small percentage of the overall U.S. grocery market, but sparked a wave of investment. Kroger, for example, struck a deal with British online grocer Ocado to build huge robot-powered fulfillment centers to pick and pack online grocery orders.

☆ Oil prices inch lower as dollar firms, China COVID worries dent demand
▼ + stars: | 2022-10-11 | by ( Isabel Kua | ) www.reuters.com time to read: +3 min

Brent crude futures fell 27 cents, or 0.3%, to $95.92 a barrel by 0342 GMT, after falling $1.73 in the previous session. U.S. West Texas Intermediate crude was at $90.73 a barrel, down 40 cents, or 0.4%, after losing $1.51 in the previous session. A strong greenback reduces demand for oil by making it more expensive for buyers using other currencies. The sustained zero COVID-19 policy in China ahead of the Communist Party Congress is "not helping" demand, the analysts added. EU sanctions on Russian crude and oil products will take effect in December and February, respectively, while the bloc last week gave its final approval for a new batch of sanctions against Russia including a price cap on Russian oil exports.

☆ Chipotle Mexican Grill will test robotic tortilla chip maker 'Chippy' in California restaurant
▼ + stars: | 2022-09-27 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Chipotle Mexican Grill is moving one step closer to having a robot make its tortilla chips. The burrito chain said Tuesday that it will test "Chippy," an autonomous kitchen assistant made by Miso Robotics, next month in a restaurant in Fountain Valley, California. Chipotle has already tested Chippy's ability to make and season its tortilla chips with salt and lime at its headquarters' innovation hub in Irvine, California. Today, workers at Chipotle restaurants fry and season the chips, which can be time consuming. Restaurants and retailers have been testing robotics and automation to speed up operations and reduce menial tasks for workers.

☆ Kroger is doubling down on its subscription delivery business as it weans itself off of Instacart. Here's a rundown of its other initiatives, from ghost kitchens to smart carts
▼ + stars: | 2022-09-26 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +12 min

Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. ClusterTruckGhost kitchensIn December 2019, Kroger began improving its prepared meals offering by partnering with ghost kitchen startup ClusterTruck. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. But the firm, which tracks where consumers shop, said Kroger stores with the ghost kitchens are seeing an uptick in visits compared to neighboring Kroger branches.

Of the 11 charges, Holmes was acquitted on all that related to defrauding patients and one count of conspiracy. In total, Holmes was found guilty of defrauding investors of nearly $145 million. Federal prosecutors have said Holmes duped investors into supporting a product she knew was faulty, particularly as Theranos began to teeter on bankruptcy. Balwani, who faces his own charges and a separate trial, did not speak at Holmes' trial. Defense attorney Kevin Downey asked Holmes to recount the early days of Theranos, as she sought advisers through the Stanford community, developed a business plan, attracted investment and — she thought — “nailed” expectations.

☆ Meet the typical Kroger shopper, a married suburban Baby Boomer earning over $80,000
▼ + stars: | 2021-09-07 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Kroger's average customer is a married suburban Baby Boomer who earns $80,000 per year, per Numerator analysis. Numerator found that Kroger's typical shopper is a married suburban Baby Boomer who has at least some college education and an annual income of more than $80,000. Kroger offers more than 15,000 private label items, and the typical shopper often prefers to buy from that selection. While 8.6% of a Kroger shopper's total dollars are spent at Kroger, they spend more at Walmart with 10.9%. Read more typical shopper profiles:

☆ «Мы должны строить мосты, а не стены». Розовые качели на границе США и Мексики признали «Дизайном года»
▼ + stars: | 2021-01-19 | by ( ) ru.diez.md time to read: +1 min

Инсталляция «Стена-балансир» (Teeter-Totter Wall) получила награду «Дизайн года» в конкурсе от лондонского Музея дизайна, передает издание Афиша, ссылаясь на Dezeen. Розовые качели от архитектурной студии Rael San Fratello были установлены в 2019 году на границе городов Эль-Пасо в США и Сьюдад-Хуарес в Мексике. По словам Rael San Fratello, цель состояла в том, чтобы показать, что «игра может быть актом сопротивления». Исполнительный директор Музея дизайна Тим Марлоу описал его как «изобретательное и острое напоминание о том, как люди могут преодолеть силы, которые стремятся нас разделить». Авторы проекта добавили, что стены уже не работают, ведь агрессивные протестующие проникли в здание Капитолия, а коронавирус продолжает распространяться.

Persons: Wall, Dezeen, Rael San, 40, ., . Dezeen, — . ., Дональд Трамп, Джо Байден, Трамп, Тим Марлоу, Рональд Раэль Organizations: Музей дизайна, Афиша Locations: —, ЭльПасо, США, СьюдадХуарес, Мексика, Капитолия

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