DIRS.INFO The most relevant business & tech news

☆ Bank of Japan needs to increase interest rates to defend the Japanese yen: Strategist
▼ + stars: | 2024-11-12 | 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 EmailBank of Japan needs to increase interest rates to defend the Japanese yen: StrategistAmir Anvarzadeh of Asymmetric Advisors discusses the outlook of the Japanese economy and what role the Bank of Japan can play to strengthen the Yen.

Persons: Amir Anvarzadeh Organizations: Email Bank of Japan, Advisors, Bank of Japan

☆ This stock could be the new 'pick-and-shovel play' in the next wave of AI, Wells Fargo says
▼ + stars: | 2024-11-12 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Twilio could be a standout name as software stocks bounce back heading into the end of the year, according to Wells Fargo. Analyst Michael Turrin upgraded San Francisco-based Twilio to overweight from equal weight and lifted his price target by 50%, or $40, to $120 from $80. That suggests 28% potential upside for the cloud-based communication software company, which has already gained nearly 24% year to date. Underlying Turrin's investment thesis is his belief that software vendors will lead the next phase of AI development. "We believe Twilio can serve as a pick-and-shovel play for the next wave of AI-native front office and communications-powered genAI applications," Turrin said, highlighting the company's integration with OpenAI's Realtime API that allows developers to build low latency speech to speech AI agents into applications.

Persons: Michael Turrin, Turrin Locations: Wells Fargo, San Francisco

☆ Live Nation CEO talks consumer demand, says live music is 'a very scarce commodity'
▼ + stars: | 2024-11-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Live Nation CEO Michael Rapino told CNBC's Jim Cramer on Tuesday that the nature of live music keeps it in demand, which helps the business stay strong — even though some consumer-oriented companies report a pullback due to inflation. Live Nation, which also owns Ticketmaster, has its hand in many aspects of the industry. Live Nation shares jumped more than 4% Tuesday after the company posted earnings and reported its most successful summer concert season to date. Rapino claimed that 2025 would likely be "a record year" with a lot of stadium performances, adding that Live Nation has already sold more than 20 million tickets. "The amount of music available to the consumer today has just propelled this idea that they want to see the live show."

Persons: Michael Rapino, CNBC's Jim Cramer, Ben Folds, Rapino Organizations: Disney, Ticketmaster, U.S . Department of Justice, Nation, Spotify

☆ The Federal Reserve is trimming rates, and these higher-yielding assets could be called back soon
▼ + stars: | 2024-11-12 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The Federal Reserve last week dialed back interest rates by a quarter point, bringing its target rate range down to between 4.5% and 4.75%. Give and take In addition to buying CDs directly from a bank, investors can also shop for brokered CDs through their brokerage. Indeed, a client holding a 12-month brokered CD with an APY of 4.65% had their instrument called with six more months to go, he said. The Federal Deposit Insurance Corp. backs bank CDs and savings accounts up to $250,000 per depositor and per ownership category. "The time with the brokered CDs has probably come to an end," he said.

Persons: Banks, Marcus, Goldman Sachs, Malcolm Ethridge, There's, noncallable, Ethridge, They're, Dinon Hughes Organizations: Federal Reserve, Capital Area, Vanguard, Nvest, Capital, Federal Deposit Insurance Corp, Treasury, ., Bond, SEC Locations: BTIG, Washington ,, Portsmouth , New Hampshire, Kennebunk , Maine

☆ This open enrollment mistake can cost you and your family thousands, according to a doctor and CFP
▼ + stars: | 2024-11-12 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Take workplace life insurance policies, which you can often opt into during open enrollment by simply checking a box. "The biggest mistake I see during open enrollment is people not listing beneficiaries or listing minors as beneficiaries on their workplace life insurance," she says. Be smart about beneficiariesIt's easy to gloss over the life insurance portion of the open enrollment. In the event of your death, the payout on your policy — often the equivalent of about a year's salary — will go to whomever you choose during open enrollment. Her advice to parents of small children: Name your spouse as a primary beneficiary and secondarily leave the money to a trust you have set up for your children.

Persons: Carolyn McClanahan Organizations: Planning

☆ Families of American hostages captured by Hamas turn to Donald Trump for new hope
▼ + stars: | 2024-11-12 | by ( Mj Lee | Arlette Saenz | ) edition.cnn.com time to read: +3 min

Washington CNN —The families of US hostages captured by Hamas on October 7, 2023, remain in agony, waiting for any sign that their loved ones might finally come home to them. Now, more than a year into the Israel-Hamas conflict and on the heels of last week’s US presidential election, some of those families are turning to one man with renewed hope: President-elect Donald Trump. Speaking at the Republican National Convention over the summer, Trump said: “To the entire world, I tell you this: We want our hostages back. And they better be back before I assume office, or you will be paying a very big price.”The Biden administration has been pushing for months for a ceasefire and hostages release deal in the Israel-Hamas war. Those families have yet to meet with Trump or his running mate, JD Vance, according to Chen.

Persons: Donald Trump, Ruby Chen, Itay, Chen, –, Joe Biden’s, Jake Sullivan, Biden, “ He’s, ’ ” Chen, ” Chen, Trump, “, ”, JD Vance, Sullivan, Hamas – Organizations: Washington CNN, White, CNN, Trump, America, Republican National Convention, Democrat, Republican, Hamas, Democratic Locations: Israel, Gaza, Washington, Qatar

☆ David Einhorn to speak as the priciest market in decades gets even pricier postelection
▼ + stars: | 2024-11-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Hedge fund investor David Einhorn's cautious stance all year made his performance suffer as he navigated what he believes is the priciest stock market of his career at Greenlight Capital. Einhorn's hedge fund returned just 9% in 2024 through the end of the third quarter, net of fees and expenses. The high-profile investor said he's neither calling the market a bubble nor being outright bearish, but sky-high prices caused him to be conservatively positioned. It is, by many measures, the most expensive stock market that we have seen since the founding of Greenlight," Einhorn said in the latest investor letter last month. Investors will be interested to hear if he's still finding any values.

Persons: David Einhorn's, he's, Einhorn, Greenlight, Einhorn postelection, Viatris Organizations: Greenlight, Alpha, Trump Locations: Einhorn's, Greenlight, New York City

☆ A London chef criticized diners who just get water and share dishes. He says it's about the atmosphere, not the money.
▼ + stars: | 2024-11-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

A London chef sparked online debate when he criticized diners who don't spend much. He told BI it was "very frustrating" and he was being forced to turn away diners who might spend more. AdvertisementA London chef has sparked a debate about the affordability and culture of eating out after he criticized diners who don't spend enough. AdvertisementJames Hacon, a restaurant consultant and industry commentator, told BI that life is tough for London eateries right now. AdvertisementHacon said there were ways to overcome the impact of diners who only want a starter and water.

Persons: Hugh Corcoran, —, Corcoran, James Hacon, Hacon Organizations: Service, London, National Insurance, Guardian Locations: London

☆ Depoliticization of crypto essential for industry, says CEO
▼ + stars: | 2024-11-12 | 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 EmailDepoliticization of crypto essential for industry, says CEOPascal St-Jean, CEO at 3iQ, discusses the impact of the forthcoming Trump presidency on the crypto sector.

Persons: Pascal, Jean Organizations: Trump

☆ Likely narrow GOP House majority could put Trump's tax cuts in jeopardy, says Raymond James
▼ + stars: | 2024-11-12 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

"In 2025, Trump's influence on Congressional Republicans will be stronger but his margin in the House will be in the single digits (down from 47 in 2017). … The narrow House majority will complicate the passage of any tax bill in 2025," he said. Mills said the GOP is expected to use the budget reconciliation process to pass any of President-elect Trump's tax proposals. That measure, known as the Tax Cuts and Jobs Act , ultimately passed and went into effect in 2018. Wolfe Research analyst Tobin Marcus also thinks passing a tax bill is a "complex challenge" with such narrow majorities across the House and the Senate.

Persons: Raymond James, Donald Trump, Ed Mills, Mills, Trump's, Tobin Marcus, Marcus Organizations: Democrats, NBC News, Republican Party, Congressional, GOP, Republicans, Act, IRA, Wolfe Research, Senate Locations: Washington

Bitcoin is trading near record levels, and Kalshi users are betting that the cryptocurrency could rise above $100,000 before the end of 2024. Kalshi data on Tuesday showed that 60% of users are betting that bitcoin could hit the $100,000 mark before January. The digital currency has rallied more than 28% since the U.S. presidential election last Tuesday. The prediction markets were volatile ahead of the election, but they were generally more bullish on Trump than traditional polling. However, odds and gambling platforms do not use methodologies used by traditional political polling, and therefore are not substitutes for political polls.

Persons: Donald Trump, Bitcoin Organizations: Commodity Futures Trading Commission, Trump, Metrics

☆ Top 3 regrets people have on their deathbeds: What they can teach us about living meaningfully, from a hospice nurse
▼ + stars: | 2024-11-12 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

As a hospice nurse, Julie McFadden spends her days caring for people near the ends of their lives. Specifically, McFadden says she hears these three regrets most often from her hospice patients:They wish they'd appreciated their health when they had it. "Not living the life they wanted, but living the life people around them wanted." On TikTok, where she's known as "hospice nurse Julie," her videos about the science of dying and her medical care experiences have an audience of 1.6 million followers. Just because we talk about something we fear doesn't mean the fear is going to get bigger — in fact, it usually diminishes it."

Persons: Julie McFadden, they're, " McFadden, McFadden, hadn't, aren't, who's, Julie Organizations: CNBC

☆ Trump says Musk and Ramaswamy will lead government efficiency group
▼ + stars: | 2024-11-12 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +1 min

President-elect Donald Trump said Tuesday that Elon Musk and former Republican presidential hopeful Vivek Ramaswamy will lead an efficiency group when his second term begins in January. Trump wrote in a post that the Department of Government Efficiency, or DOGE, will "become, potentially, 'The Manhattan Project' of our time." Trump didn't specify where cuts will take place or when the department may be formed. Musk, who also runs defense contractor SpaceX, has reportedly been stationed at Trump's Mar-a-Lago resort in Florida since election night. Ramaswamy, who challenged Trump in the Republican primary, is co-founder of investment firm Strive Asset Management.

Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, Trump, hasn't, Musk, Ramaswamy, Pete Hegseth, John Ratcliffe Organizations: Department of Government, Trump, Republican, SpaceX, Fox News Locations: Trump's, Lago, Florida

☆ When will this Trump-fueled bull market approach bubble territory? Watch this indicator
▼ + stars: | 2024-11-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The CBOE Volatility Index , known on Wall Street as the VIX, helps traders track when a market rally is actually unhealthy, said DataTrek co-founder Nicholas Colas. Monday's close for the VIX around 15 "is a healthy sign" for the temperature of the market as it advances, Colas wrote to clients. To put it succinctly: "Rallies built on an elevated VIX signal a bubble," he wrote. That's a lesson market participants learned, during the dot-com bubble of the mid- to late-1990s, he said. In the current bull market, dating back to the fourth quarter of 2022, however, the VIX has been largely "well behaved," Colas argued.

Persons: DataTrek, Nicholas Colas, Donald Trump, —, Monday's, Colas, That's, Jessica Rabe, Trump Organizations: Research, U.S

☆ I've been on more than 25 cruises. Here's how I avoid hidden fees and extra costs every time while drinking for free.
▼ + stars: | 2024-11-12 | by ( Lauren Mack | ) www.businessinsider.com time to read: +1 min

After many sailings, I've gotten really good at avoiding fees and extra costs on cruise lines. I only get room service if there are ways to waive the extra fees, and I don't pay for WiFi. 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 . Then, consider following some of the things I do to save money and avoid forking up extra cash on my trip.

Persons: I've, — Organizations: Service

☆ Lucy at 50: How the world’s most famous fossil was discovered
▼ + stars: | 2024-11-12 | by ( Katie Hunt | ) edition.cnn.com time to read: +9 min

CNN —Lucy, a fossilized skeleton unearthed 50 years ago this month, transformed scientists’ understanding of human evolution. While there are now fossil hominins twice as old as Lucy, she remains a paleoanthropological rock star. Made up of 47 bones from the same individual, she was the oldest known and the most complete skeleton of an early human ancestor when she was found. The fossilized remains of Lucy, discovered on November 24, 1974, made up the most complete skeleton of an early human ancestor when she was found. They found DNA, but it wasn’t human, and it wasn’t Neanderthal.

Persons: CNN — Lucy, Don Johanson, Tom Gray, Lucy, Johanson, … I’d, Jack Daulton, Lucy ? Johanson, “ Lucy, ”, she’s, you’re, Stephen Filmer CNN, Donald Johanson, Mary Leakey’s Organizations: CNN, Institute of, Arizona State University, Arizona State University CNN, Jack Daulton CNN, Beatles, Sky, Arizona State University In Locations: Ethiopia, Afar, Africa, paleogenetics, Siberia, Hadar, Tanzania

☆ This climate startup is challenging Tesla in the race to electrify big rigs
▼ + stars: | 2024-11-12 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +4 min

Big rigs make up just 10% of the vehicles on the road, but they account for nearly 30% of total vehicle carbon emissions. Now one startup, California-based Range Energy, is focused not on the tractor but the trailer. said Ali Javidan, CEO of Range Energy. "When I push this button to activate the system, the trailer follows me," Javidan said as he demonstrated the system. Range Energy has raised $31.5 million so far, and it is backed by R7, UP.Partners, Trousdale Ventures and Yamaha Motor Ventures.

Persons: Ali Javidan, Javidan, Ricky Souza, Souza, There's, Tyler Engh, Engh, Lisa Rizzolo Organizations: Volvo, Freightliner, Tesla, Range Energy, Energy, Northern, Trousdale Ventures, Yamaha Motor Ventures, CNBC Locations: California, United States, Northern

☆ The market 'is very misplaced' in terms of looking at China stimulus: UBS
▼ + stars: | 2024-11-12 | 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 EmailThe market 'is very misplaced' in terms of looking at China stimulus: UBSShamaila Khan, head of fixed income for emerging markets at UBS Asset Management is of the view that instead of a "big bazooka" of stimulus, China has been consistently injecting stimulus in a "slow and measured fashion," which is not priced into Chinese assets.

Persons: UBS Shamaila Khan Organizations: UBS, UBS Asset Management Locations: China

☆ Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year
▼ + stars: | 2024-11-12 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Russia's economy faces stress as high interest rates fail to control inflation. Business leaders criticize high rates, warning of potential bankruptcies and an economic slowdown. The data from Rosstat, Russia's federal statistics service, show that food prices have generally risen across the board this year. To tame prices, Russia's central bank has hiked its key interest rate to a record high of 21% last month. High interest rates are irritating business leaders, who are more loudly critiquing the central bank's policies.

Persons: —, It's, Vladimir Putin, Sergei Chemezov, Chemezov Organizations: Business, Service, MMI Locations: Ukraine, Rosstat, Russian, Russia

☆ David Coote: English Premier League referee suspended after controversial video goes viral
▼ + stars: | 2024-11-12 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —English Premier League (EPL) referee David Coote has been suspended pending investigation after a video went viral on social media appearing to show him making negative comments about Liverpool and the club’s former manager Jurgen Klopp. The video, which has not been verified by CNN, was posted on X, formerly known as Twitter, on Monday. Former Liverpool manager Jurgen Klopp (right) has previously criticized Coote (center). Oli Scarff/NMC Pool/PAThe viral video appears to show Coote speaking about a match back in 2020 between Liverpool and Burnley, which ended as a 1-1 draw. The English football federation (FA) told CNN it was also aware of the incident and was investigating it.

Persons: David Coote, Jurgen Klopp, Coote, PGMOL, Oli Scarff, Klopp, Coote’s, “, ” Coote Organizations: CNN, English Premier League, Liverpool, Aston Villa, Saturday, Former Liverpool, Burnley, Premier League Locations: England, Liverpool

☆ Laken Riley case: Man accused of killing nursing student waives right to jury trial
▼ + stars: | 2024-11-12 | by ( Rebekah Riess | ) edition.cnn.com time to read: +1 min

CNN —The man accused of killing Georgia nursing student Laken Riley on Tuesday waived his right to a trial by jury and agreed to a bench trial – where a judge will decide his guilt or innocence. With the prosecution in agreement, Superior Court Judge H. Patrick Haggard approved 26-year-old Jose Antonio Ibarra’s waiver. Ibarra, through his translator, told the judge he understands he can’t go back and change this decision. Riley, a 22-year-old Augusta University College of Nursing student, was killed on February 22 while out for a run on the University of Georgia’s campus. Laken Riley, 22, was killed while on a jog at the University of Georgia's campus in February 2024.

Persons: Laken Riley, H, Patrick Haggard, Jose Antonio Ibarra’s, Ibarra, can’t, Riley, Judge Haggard, Kathleeen Magramo Organizations: CNN, Superior, Augusta University College of Nursing, University of Georgia’s, University of Georgia's Locations: Venezuela

☆ My best friend and I gave our daughters the same name. We hoped it would strengthen their bond.
▼ + stars: | 2024-11-12 | by ( Dana Dubois | ) www.businessinsider.com time to read: +4 min

My best friend and I both named our daughters Annika. AdvertisementI met my best friend back in 2005 when I ran a Seattle-based indie music website, and she played in my favorite band. A shared bond on the other side of the worldIt's hard to live 6,000 miles away from one of your best friends. AdvertisementBut Saundrah's daughter is tall, has an incredible sense of direction, and wakes up at 5:30 a.m. every day to get homework done. Saundrah's daughter is an extrovert, and mine is an introvert.

Persons: Annika, —, Saundrah, Leo, we'd, Nika, Nico Organizations: Service Locations: Seattle, Europe

☆ A 'Saturday Night Live' comedian claimed Elon Musk made her cry. She said she named him because he was 'rude' about the postelection show.
▼ + stars: | 2024-11-12 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Elon Musk hosted "Saturday Night Live" in 2021. "SNL" comedian Chloe Fineman claimed Musk made her cry, and criticized her work. Fineman said she named Musk because he was "rude" about the post-election "SNL" episode. AdvertisementChloe Fineman, a comedian on "Saturday Night Live," said that Elon Musk made her cry when he hosted the show in 2021. On Monday, Fineman said in the TikTok: "I'm gonna come out and say that I'm the cast member that he made cry.

Persons: Elon Musk, Chloe Fineman, Musk, Fineman, —, she'd, Dana Carvey, Donald Trump, Kamala, — Elon, Bowen Yang, y4BxNSab8j, — Chris Gardner Organizations: Service, SNL, jk, Musk

☆ Dwayne Johnson once fired his agents because they didn't agree he could be bigger than Will Smith and George Clooney. Now his movies have made more money than both.
▼ + stars: | 2024-11-12 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +3 min

Dwayne Johnson's goal was once to be a bigger star than George Clooney and Will Smith. GQ reported Johnson fired agents who didn't agree with his ambition. AdvertisementDwayne Johnson said he used to hope he would be a bigger star than George Clooney or Will Smith. From 2012 to 2020, Johnson appeared on Forbes' highest-paid actor list, and above Smith and Clooney in 2016, 2019, and 2020. "You reach a point in life where on the other side of running, it's the stuff you love," Johnson said.

Persons: Dwayne Johnson's, George Clooney, Will Smith, Johnson, —, Dwayne Johnson, Zach Baron, Clooney, Smith, Gabe Ginsberg, I'm Organizations: GQ, Service, IMDB Pro, Forbes Locations: Canada

☆ Coinbase, Robinhood CEOs say Trump administration will clear up crypto's regulatory muddle
▼ + stars: | 2024-11-12 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

"We have seen basically what people are calling the 'Trump Pump,'" Robinhood CEO Vlad Tenev said on "Squawk Box." Crypto markets have rallied sharply since the election of Trump, with bitcoin hitting record highs near $90,000. "There's widespread optimism that the Trump administration, which has stated that they wish to embrace cryptocurrencies and make America the center of cryptocurrency innovation worldwide, is going to have a much more forward-looking policy towards this new industry," Tenev continued. The Biden administration's Securities and Exchange Commission, led by Chairman Gary Gensler, took a combative stance toward crypto, with regulators taking legal action against several leading crypto firms, including Coinbase. But Trump appeared to welcome support from the crypto industry during his campaign, including speaking at the Bitcoin Conference earlier this year.

Persons: Donald Trump, Vlad Tenev, Trump, Tenev, Gary Gensler, Brian Armstrong Organizations: CNBC, Trump, Biden administration's Securities, Exchange Commission, Bitcoin Locations: America, U.S

Search resuls for: "Journal of Clinical Endocrinology

25 mentions found