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☆ A notorious market bear who called the 2000 and 2008 crashes warns stocks are in their 'third great speculative bubble' in the last 100 years
▼ + stars: | 2024-09-28 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

AdvertisementJohn Hussman, the president of the Hussman Investment Trust who called the 2000 and 2008 market crashes, isn't shy about his characterization of the current market environment. The first piece of evidence Hussman cites is valuation, specifically the total market cap of non-financial stocks to total value added of those stocks. He predicted in 2000 that the S&P 500 would likely see negative total returns over the following decade, which it did. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 32% over the past year.

Persons: John Hussman, —, It's, Mike Wilson, Michael Kantrowitz, Lance Armstrong, Hussman, Armstrong, David Walsh Organizations: Service, Hussman Investment Trust, Tour de France, Hussman, Intelligence, Labor Locations: Irish

☆ Brokerages slash yields on cash, but some still offer upward of 4%
▼ + stars: | 2024-09-27 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Brokerages have also jumped in on the action, with several companies dropping the rates they pay on sums held in cash sweep accounts. Charles Schwab recently trimmed its cash sweep rate to 20 basis points, where it was previously 45 basis points, according to an analysis by Bank of America. Wells Fargo also dropped rates by 3 basis points to 30 basis points, based on the level of clients' household assets. A few outliers still pay solid rates on idle cash Brokerages take different approaches toward cash sweeps, with some firms opting to keep rates low even when the Fed was hiking rates. Even as yields are expected to continue falling, a couple of brokerages continue to offer competitive rates, Bank of America found.

Persons: Marcus, Goldman Sachs, Wells, Michael Kaye, Charles Schwab, Wells Fargo, Robinhood, Ryan Salah, We've Organizations: Federal Reserve, Fed, Discover Financial, Bank of America, Wells, Advisors, Interactive, Robinhood, Capital Financial Partners Locations: Wells Fargo, Towson , Maryland

☆ A way to play the China stock breakout using options following the big stimulus there
▼ + stars: | 2024-09-26 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

The Fed effectively cut rates to zero during the pandemic plunge, and the S & P had an extraordinary bull market. How to play it Consider PDD Holdings . PDD Holdings Inc. is a multinational commerce group that owns and operates several online platforms. PDD YTD mountain PDD Holdings, YTD The share price is nearly 44% below the all-time highs of early 2021. If you're looking for a single stock to get involved with to hitch your wagon to PBOC's train, consider PDD Holdings.

Persons: you've, I've, PDD Organizations: Fed, People's Bank of China, Holdings, PDD Holdings Inc, Pinduoduo, PDD Holdings, CNBC, NBC UNIVERSAL Locations: U.S, United States, China

Li-Chen Miller, the vice president of product in charge of Ray-Ban Meta glasses, told CNBC that when she travels, she uses the glasses to take photos of her hotel room door, and later, she asks Meta AI to recall the number. AI that speaksZuckerberg also introduced improvements to its Meta AI chatbot that will allow people to interact with it using their voice instead of written text. Users will now be able to have natural voice conversations with Meta AI, which is accessed through Meta apps like Messenger and Instagram. Users will be able to perform actions using their voice, such as telling Meta AI to take a photo by talking to their smartphone. The new Siri-like Meta AI voice feature will be available over the next month for U.S., Canadian, Australian and New Zealand users of WhatsApp, Instagram, Facebook and Messenger.

Persons: Meta, “ I’ve, ” Zuckerberg, Mark Zuckerberg, Apple hasn’t, Zuckerberg, won’t, EssilorLuxottica, Ban, Ray, Chen Miller, Judi Dench, John Cena, Keegan, Michael Key, Kristen Bell, Siri, OpenAI, ChatGPT Organizations: Labs, Meta, Apple, VR, Amazon Music, Amazon, Quest Pro, Orion, Facebook, CNBC, IDC Locations: Menlo Park , California, Oculus, New Zealand

☆ Meta is bringing the voices of Judi Dench, John Cena and Keegan-Michael Key to AI chatbot
▼ + stars: | 2024-09-25 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Facebook and Instagram users will now be able to talk to voices that sound a lot like John Cena and Judy Dench. Parent company Meta (META) announced Wednesday that it is adding voice conversations and celebrity voices to its artificial intelligence chatbot, Meta AI. Now, instead of simply messaging with the chatbot, users can have real-time conversations and can choose from a selection of computer-generated or celebrity voices. The company partnered with Cena and Dench, as well as actors Kristen Bell, Awkwafina and Keegan-Michael Key, to train the chatbot to replicate their voices. Previously, influencers could train AI to have text conversations with their followers; now, followers will be able to have full, quasi-video calls with the AI versions of influencers who use the tool.

Persons: John Cena, Judy Dench, Cena, Dench, Kristen Bell, Awkwafina, Michael Key, Mark Zuckerberg, it’s, OpenAI, Scarlett Johansson, Johansson, Zuckerberg Organizations: New, New York CNN, Facebook, Meta, Keegan, Meta Connect Locations: New York

☆ Meta's AI can now edit photos for you and 'talk' like a range of celebrities
▼ + stars: | 2024-09-25 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Meta AI now includes visual and voice capabilities, announced at Meta's Connect event on Wednesday. The chatbot can now edit photos you share and answer questions about what it's in them. Go to newsletter preferences Thanks for signing up! Meta AI can reply to photos shared in the chat and answer questions about what's in them, according to the company. For example, if you take a photo of a bird and don't know what kind it is, you can ask Meta AI to identify it.

Persons: John Cena, Michael Key, —, Mark Zuckerberg Organizations: Meta's, Keegan, Service, Meta, Business

In addition to the Quest 3S, Meta on Wednesday also showcased its latest prototype of augmented-reality smart glasses and announced a flurry of new features for its Meta AI chatbot. What it doesMetaA Meta representative said the "S" in Quest 3S stands for "start" — as in getting started with VR. Orion is Meta's first "fully-functioning" prototype AR glasses, Zuckerberg said, and the device is tethered wirelessly to a small "puck." The Orion glasses are an improvement on Project Nazare, prototype smart glasses that Zuckerberg announced in 2021, when the company changed its name from Facebook. As part of Wednesday's event, Meta announced new Meta AI features for its Ray-Ban smart glasses.

Persons: Mark Zuckerberg, David Paul Morris, Meta, Apple hasn't, Zuckerberg, Meta's, Cristiano Amon, Nurphoto, EssilorLuxottica, Ban, Ray, Chen Miller, Judi Dench, John Cena, Keegan, Michael Key, Kristen Bell, Siri, OpenAI, ChatGPT Organizations: Meta, Inc, Chase Center, Bloomberg, Getty, Labs, Apple, VR, Amazon Music, Amazon, Quest Pro, Orion, Facebook, Qualcomm, Samsung, Google, Nurphoto, CNBC, IDC, Wednesday Locations: San Francisco , California, Menlo Park , California, Oculus, New Zealand

☆ Ryan Routh, arrested near Trump's Florida golf course, is charged with attempted assassination
▼ + stars: | 2024-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | Michael Kosnar | ) www.nbcnews.com time to read: +2 min

Federal prosecutors have charged the man who was spotted with a gun outside of Donald Trump's golf course with attempted assassination of a presidential candidate. It also added two other charges: possessing a firearm in furtherance of a crime of violence and assaulting a federal officer. Routh had previously been charged with possession of a firearm by a convicted felon and possession of a firearm with an obliterated serial number. Ryan Wesley Routh following his arrest in Martin County, Fla., on Sept. 15. “The Kamala Harris/Joe Biden Department of Justice and FBI are mishandling and downplaying the second assassination attempt on my life since July.

Persons: Donald Trump's, Ryan Wesley Routh, United States Donald J, Trump, Routh, Aileen Cannon, Kamala Harris, Joe Biden, ” Trump, He's Organizations: United, Trump, AFP, Getty, Department, Joe Biden Department of Justice, FBI Locations: United States, West Palm Beach , Florida, Martin County, Fla, U.S, Florida

The son of the man accused of plotting to assassinate former President Donald Trump at his golf course has been arrested in connection with a child sex abuse images case. Oran Alexander Routh was charged in federal court Monday with one count of receipt of child pornography and one count of possession of child pornography. The criminal complaint filed against Oran Routh states that his North Carolina home was searched in connection to an unrelated case. The complaint also said investigators found a messaging app on the phone that is "commonly used by individuals who distribute and receive child pornography." Court records show that Oran Routh is in federal custody.

Persons: Donald Trump, Oran Alexander Routh, Oran Routh, Ryan Wesley Routh, Trump, Ryan Routh, Routh, Oran Routh's Organizations: U.S, Middle, Middle District of, NBC News, Oran, AFP, FBI, Samsung Locations: Middle District, Middle District of North Carolina, West Palm Beach , Florida, North Carolina, Martin County, Fla, Oran Routh's

☆ Canadian detained by China says he experienced psychological torture
▼ + stars: | 2024-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

OTTAWA, Ontario — A Canadian man detained by China for more than 1,000 days said he was put into solitary confinement for months and interrogated for up to nine hours every day, treatment he said amounted to psychological torture. Kovrig and fellow Canadian Michael Spavor were taken into custody in December 2018 shortly after Canadian police detained Meng Wanzhou, the chief financial officer of Chinese telecommunications giant Huawei, on a U.S. warrant. Kovrig noted that U.N. guidelines say prisoners should not be put into solitary confinement for more than 15 days in a row. Kovrig said there was no daylight in the solitary cell, where the fluorescent lights were kept on 24 hours a day. “It’s a combination of solitary confinement, total isolation and relentless interrogation for six to nine hours every day,” he said.

Persons: Michael Kovrig, Michael Spavor, Meng Wanzhou, “, ” Kovrig, Spavor, Kovrig, ”, Meng, “ I’ll, ’ ” Organizations: Canadian Broadcasting Corporation, Canadian, Huawei, U.S . Justice Department, Embassy, Ottawa Locations: OTTAWA, Ontario, China, Ottawa, rapeseed, Canada

☆ Idaho man charged with threatening to kill Trump in phone calls to Mar-a-Lago
▼ + stars: | 2024-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | Michael Kosnar | ) www.nbcnews.com time to read: +4 min

An Idaho man has been charged with threatening to kill Donald Trump in phone calls made to the former president’s Mar-a-Lago resort in Florida, according to court documents. Warren Jones Crazybull, 64, of Sandpoint, made at least nine threatening phone calls to Trump’s home on July 31, according to a criminal complaint and affidavit that was first reported Monday by Forbes. Mar-a-Lago security told the Secret Service that eight additional phone calls making threats were received from the same number, the court documents said. "There have been two heinous assassination attempts on President Trump, and their violent rhetoric are directly to blame." The Secret Service determined his location using T-Mobile phone data, which located him in Montana, according to the filing.

Persons: Donald Trump, Warren Jones Crazybull, Warren Jones, Crazybull, Jeffrey Epstein, John John Kennedy Jr, Trump, Steven Cheung, Kamala Harris, “ Kamala Harris, Cheung, Harris, ” Cheung, ”, “, Ryan Wesley Routh — Organizations: Forbes . Mar, “, Trump, Golf Club, Service, Facebook, Democrats, Secret Service Locations: Idaho, Lago, Florida, Sandpoint, Bedminster, Bedminster , New Jersey, West Palm, “, Montana, Butler , Pennsylvania, West Palm Beach , Florida

☆ Meta's chatbot could soon sound like John Cena or Judi Dench — but definitely not OpenAI's Scarlett Johansson soundalike
▼ + stars: | 2024-09-24 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Meta will use actors including John Cena and Judi Dench to voice its AI chatbot, Reuters reported. The tech giant appears to be avoiding the mistake OpenAI made with its ChatGPT celebrity soundalike. OpenAI launched an AI chatbot that sounded like Scarlett Johansson — but she didn't voice it. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: John Cena, Judi Dench, OpenAI, Scarlett Johansson —, —, Kristen Bell, Keegan, Michael Key, Sam Altman Organizations: Reuters, Service, Connect, Business

☆ Michael Kovrig: Canadian held for more than 1,000 days describes ‘psychological’ torture in Chinese detention
▼ + stars: | 2024-09-24 | by ( Lex Harvey | ) edition.cnn.com time to read: +4 min

Kovrig and Spavor were only freed after US prosecutors dropped the extradition request and agreed to release Meng, nearly two years later. Chinese officials did not publicly disclose any evidence against Spavor or Kovrig, or detailed information relating to their trials, which were held behind closed doors. Michael Kovrig embraces his separated wife Vina Nadjibulla after arriving at Pearson International Airport in Toronto, on September 25, 2021. You are going to be interrogated,’” Kovrig said. After six months, Kovrig said he was moved to a larger cell with plexiglass windows, which he shared with a dozen cellmates.

Persons: Hong Kong CNN — Michael Kovrig, Michaels, ” Kovrig, Michael Spavor, Kovrig, “, ‘ That’s, ’ ”, Meng Wanzhou, Meng, Michael Kovrig, Vina Nadjibulla, Frank Gunn, ’ ” Kovrig, “ I’ll Organizations: Hong Kong CNN, CBC News, International, Group, Huawei, Pearson International Airport, “, CNN, China’s Ministry of Foreign Affairs Locations: Hong Kong, China, Beijing, Ottawa, Canadian, North Korea, Vancouver, Toronto

☆ Meta has a curious addiction to celebrities
▼ + stars: | 2024-09-24 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Read previewMeta is reportedly set to introduce AI chatbots voiced by celebrities like John Cena, Awkwafina, Keegan-Michael Key, Kristen Bell, and Dame Judi Dench. (I assume that's the name of the Judi Dench stan-dom) who haven't yet found the right reason to experiment with an AI voice chatbot. Around this time last year, Meta introduced a different round of celebrity AI assistants as part of Messenger. So why is Meta using the celebrity AI playbook again if it apparently crashed and burned last time? AdvertisementHow celebrities can help MetaSo, Meta relying on celebrity voices for its AI products feels a little odd to me.

Persons: —, John Cena, Awkwafina, Keegan, Michael Key, Kristen Bell, Dame Judi Dench, Judi Dench stan, Meta, chatbots, Kendall Jenner, Tom Brady, Snoop Dogg, Billie, playbook, It's, Taylor Swift, Mark Zuckerberg, Swift, Kamala Harris, Peter Kafka, Kim Kardashian, Jennifer Lopez, Judi Dench, Yann LeCun Organizations: Service, Business, Meta, Super, Facebook, Dame

☆ Using options to trade the AI-driven power generation buildout
▼ + stars: | 2024-09-23 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Power generation has emerged as a crucial investment theme in the context of artificial intelligence (AI) energy demand due to the significant electricity requirements of AI technologies. Several factors make power generation a vital AI-adjacent investment theme: Data centers, the backbone of AI operations, are among the largest electricity consumers. Investing in power generation becomes vital to support this expanding infrastructure. Fluor offers a wide range of services in the nuclear power sector, including project management, engineering, procurement, construction, and maintenance. The company has experience developing new nuclear power plants and maintaining, refurbishing, and decommissioning existing ones.

Persons: Fluor's, FLR, I've Organizations: Bechtel, KBR, Fluor Corporation, Corporation, Fluor, NuScale, CNBC, NBC UNIVERSAL Locations: Irving , Texas, Fluor

☆ 'Hard to see a deal working out' for Intel and Qualcomm, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-09-23 | 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 Email'Hard to see a deal working out' for Intel and Qualcomm, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein senior analyst; Daniel Newman, CEO of the Futurum Group; and Michael Kantrowitz, Piper Sandler chief investment strategist, join CNBC's 'Power Lunch' to discuss expectations for Intel.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon, Bernstein, Daniel Newman, Michael Kantrowitz, Piper Sandler Organizations: Intel, Qualcomm, Futurum

☆ More rate cuts will help consumers & small businesses, says Piper Sandler's Michael Kantrowitz
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore rate cuts will help consumers & small businesses, says Piper Sandler's Michael KantrowitzMichael Kantrowitz, Piper Sandler chief investment strategist, joins CNBC's 'Power Lunch' to discuss why smaller business and consumers need the benefits from more rate cuts, where he sees rates going from here, and more.

Persons: Piper Sandler's Michael Kantrowitz Michael Kantrowitz, Piper Sandler

☆ 2 Plead Guilty in Drug-Related Death of Prominent Transgender Activist
▼ + stars: | 2024-09-23 | by ( Shayla Colon | More About Shayla Colon | ) www.nytimes.com time to read: +1 min

Two men accused of providing the fentanyl-laced heroin that killed the transgender activist and actress Cecilia Gentili have admitted distributing the drugs that caused her death, officials said on Monday. The second man, Antonio Venti, pleaded guilty to the same offense in July, the release said. Ms. Gentili, 52, was found dead in her Brooklyn apartment in February after taking a combination of drugs, court documents show. Her death prompted an outpouring of grief among members of New York’s L.G.B.T.Q. community, with more than 1,000 people packing the pews at a spirited celebration of her life at St. Patrick’s Cathedral.

Persons: Cecilia Gentili, Michael Kuilan, Antonio Venti, Gentili, Ms Organizations: Eastern, of Locations: Brooklyn, of New York, St, Patrick’s

☆ Tia Mowry says she and sister Tamera aren’t close anymore. Here are 9 other famous duos who prove relationships are hard
▼ + stars: | 2024-09-22 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +6 min

“But that’s just not where we are right now.”The sisters aren’t alone in their status as dynamic duos turned dynamic uno. Hall & OatesDaryl Hall and John Oates of the band Hall and Oates performing in Minnesota in 2017. In May, Hall – who originally filed the lawsuit against Oates in 2023 – told Variety in an interview that that Hall & Oates were officially over. Zeppelin originally included Page, Plant, drummer John Bonham and bassist/keyboardist John Paul Jones. The band broke up in 1980 after Bonham’s death and Page and Plant went on to each have successful solo careers.

Persons: Tia Mowry, Tamera Mowry, Housley, ”, Mowry, Cory Hardict, “, that’s, Keegan, Michael Key, Jordan Peele Keegan, Jordan Peele, Peele, Key, ” Paris Hilton, Nicole Richie, Paris Hilton, Frazer Harrison, besties, Richie, they’re, Peacock, Liam, Noel Gallagher Liam, Noel Gallagher, they’ve, Stripes Jack, Meg White, Adam Savage, Jamie Hyneman, Alberto E, Rodriguez, Savage, Jon Lung, Brian Louden, ” Savage, Oates Daryl Hall, John Oates, Oates, Adam Bettcher, Daryl Hall, Hall –, –, Mero Desus, Kid Mero, Showtime’s, Mero, Carmelo Anthony, Nice, Robert Plant, Jimmy Page Robert Plant, Jimmy Page, John Bonham, John Paul Jones, Plant, “ He’s, ” Page, Simon, Garfunkel, Paul Simon, Kevin Winter, Art Garfunkel Organizations: CNN, Comedy, Paris, Getty, Hilton, Gallaghers, Oasis, Stripes, Oates, NBA, Zeppelin, New York Times Locations: Hollywood, “, Pasadena, Minnesota, Brooklyn, British, Culver City, Queens

☆ More than 40,000 bees removed from Maine farmhouse
▼ + stars: | 2024-09-21 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +2 min

CNN —The tens of thousands of bees removed from a Maine farmhouse this week had caused quite a buzz there for decades, according to the family who’s lived on the farm since the 18th century. An estimated 40,000 bees were taken from the walls of a farmhouse at Smiling Hill Farm in Westbrook, Maine, according to CNN affiliate WMTW. The bees were removed from a Maine farmhouse this week. Instead of killing the bees, the Knight family wanted to save the colony living in the farmhouse, which needs renovation, so they requested MacDonald’s services, WMTW reported. The Knight family said they plan to maintain the outdoor hive and the bees will be later relocated elsewhere on the farm, according to WMTW.

Persons: “ Marsha Knight …, ”, Andrew MacDonald, Bee Huggah, WMTW, there’s, Michael Knight, Knight, “, ” MacDonald Organizations: CNN, WMTW, Facebook, University of Maine Locations: Maine, Westbrook , Maine, Facebook . Maine

☆ Iran is helping the Houthi rebels in Yemen target and down U.S. Reaper drones, U.S. officials say
▼ + stars: | 2024-09-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +4 min

Iran is helping the Houthi rebels in Yemen target U.S. Reaper drones, which has enabled the Houthis to shoot down or damage several of the massive, unmanned aircraft, say two U.S. officials. The interference severely inhibits the U.S. ability to gather intelligence and increases the chance that the drones could drift into unfriendly airspace. The U.S. military has struggled to stop some Houthi air defense systems because rather than radars, the Houthis often use electro-optical systems to find targets. Iran sent a spy ship to the waters near Yemen to help the Houthis target ships in the Red Sea. It appears the U.S. plan to interdict shipments of Iranian weapons and destroy stockpiles of weapons and drones has failed to roll back Houthi attacks on cargo ships, Knights said.

Persons: Michael Knights, ”, Knights, “ Organizations: U.S, Pentagon, NBC, Defense Intelligence Agency, White House National Security Council, Washington Institute for Near, Policy, NBC News, ” Knights, U.S . Navy, “ Locations: Iran, Yemen, Tehran, Israel, U.S, Eastern Europe, Syria, Red

☆ Lebanon reels from second day of explosions and Sean 'Diddy' Combs denied bail: Morning Rundown
▼ + stars: | 2024-09-19 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +8 min

Sean “Diddy” Combs remains jailed after his bond appeal was rejected, in part because of witness intimidation allegations. Israel declares a ‘’new phase’’ of war as Lebanon reels from a second day of deadly device explosions. Sean ‘Diddy’ Combs loses second bail requestSean "Diddy" Combs was denied bail for a second time this week in his sex trafficking and racketeering case, leaving the rapper-turned-mogul to remain at a New York jail his legal team called "horrific" until the start of his trial. According to prosecutors, Combs allegedly called or texted Kalenna Harper, one of his protégées, 58 times in four days. More coverage of Sean ‘Diddy’ Combs’ case:Among the next questions Combs’ legal team could raise is whether he can be transferred to another facility.

Persons: Sean “ Diddy ” Combs, Israel, Sean ‘ Diddy ’ Combs, Sean, Diddy, Combs, Kalenna Harper, protégée, Harper, Andrew Carter, Carter, He’s, “, pagers, Hassan Nasrallah, pagers —, Mike Johnson, hasn’t, Kamala Harris, Donald Trump, Trump, Sen, Lindsey Graham, Suni Lee, Jordan Chiles, Jade Carey, ”, Ariana Grande, Michael Keaton, Jean Smart, Harvey Weinstein, Elon Musk’s, Jean Catuffe, Elon Musk, Musk, — David Ingram, Elizabeth Robinson Organizations: U.S, District, Metropolitan Detention, MDC, Israel, Commonwealth Fund, Republicans, Teamsters, Howard University, Electoral, Reserve, NCAA, Elon, Tenet Media, NBC Locations: Lebanon, New York, Brooklyn, Japan, Iran, Gaza, Israel, Here’s, U.S, Canada, France, Germany, United Kingdom, Springfield, Ohio, “, Kentucky, Russian, Russia, Ukraine

☆ Iranian hackers sent stolen Trump campaign info to Biden campaign associates, FBI says
▼ + stars: | 2024-09-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | Michael Kosnar | ) www.nbcnews.com time to read: +4 min

Iranian hackers have continued to make attempts since late June to transmit nonpublic stolen material tied to Trump’s campaign to media organizations, according to Wednesday’s statement, which noted that the FBI is tracking the activity. In a statement Wednesday, Trump campaign spokeswoman Karoline Leavitt said Iranians wanted to help Vice President Kamala Harris, who replaced Biden as the Democratic nominee, "because they know President Trump will restore his tough sanctions and stand against their reign of terror." To be known as the Iran, Iran, Iran case!" Harris campaign spokesperson Morgan Finkelstein said the campaign has cooperated with law enforcement since it learned about the hacking effort. Law enforcement agencies contacted those people and the Biden campaign to make them aware of the emails, the sources said.

Persons: Donald Trump’s, Joe Biden's, Trump, Karoline Leavitt, Kamala Harris, Biden, Harris, Morgan Finkelstein, We’re, Finkelstein Organizations: Democratic, FBI, National Intelligence, Infrastructure Security Agency, NBC, Islamic Revolutionary Guard Corps, Trump, Biden, NBC News, Justice Department, United Nations Locations: Iran, Russia, China, Iranian

☆ A way to play the too-hot utilities trade now that rate cuts have begun
▼ + stars: | 2024-09-19 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

Investors looking to participate in a new growth phase for electricity demand by purchasing the Utilities Select Sector SPDR ETF (XLU) might be discouraged by its massive run over the past year. We'll review a way to play it with options that adds a buffer of protection. XLU .SPX mountain 2023-10-23 Utilities Select Sector SPDR Fund since October low Despite this strong performance, the utilities select sector index still trades at just over 19 times forward earnings, a much cheaper multiple than the S & P's 23.5 times, and typically trades with significantly lower volatility as well. Spurring the economy will likely increase demand, but lowering rates improves the relative attractiveness of utilities for fixed-income investors as well. The trade XLU has an annual dividend yield of 2.8% and would make a fine addition to one's portfolio.

Persons: EVs Organizations: Utilities, Fund, CNBC, NBC UNIVERSAL Locations: U.S

In a little over a month, they will learn whether they have won of one of the most coveted competitions for emerging designers: The Council of Fashion Designers of America/Vogue Fashion Fund. It provides 10 finalists with access to industry leaders, with mentorship on everything from growing their brands to showing at New York Fashion Week. “The fashion fund is also beyond the tangible mentorship or grant, it’s a visibility play,” the CEO said. “The first fashion fund was the reason we started doing runway shows,” he said. Rogers and past finalist House of Aama will be taking their designs to the CFDA/Vogue Americans in Paris Initiative during Paris Fashion Week.

Persons: —, Proenza Schouler, Thom Browne, Browne, Anna Wintour, Roopal Patel, Steven Kolb, There's, Grace Ling, Ling, ”, Kolb, Sebastien, Marianne Amisial, Sebastien Ami, “, “ It’s, Christopher John Rogers, Michelle Obama, Tracee Ellis Ross, Rogers, Shawn Grain Carter, Michael Kors, ” Jackson Wiederhoeft, prepping, Wiederhoeft, Tommy Hilfiger, Rebecca Henry of House, Aama, she's, what's Organizations: New York, Fashion Designers of America, Vogue, Fund, Saks, American, Pacific Islander, Associated Press, Fashion Institute of Technology, Paris Initiative, Paris Locations: New, U.S, Singapore, ” Louisiana, Bushwick, Soho, Paris, Manhattan, ”

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