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☆ Celibacy might suck, but it's better than dating apps. Hooking up with old friends is the way to go.
▼ + stars: | 2024-05-23 | by ( Nicola Prentis | ) www.businessinsider.com time to read: +6 min

But, since then, the apps seemed to have changed the way dating worked. Celibacy and a different approach to dating are, to me, the only answers to the kind of dehumanizing behavior the apps today provoke. AdvertisementThe author stopped using dating apps and only dates men she already knows. Dating apps throw people together with none of the social glue that binds us in our IRL trusted networks. Some people might call this style of dating "friends with benefits," but I don't.

Persons: Tinder, Bumble, I've, We'd, who'd, we're, I'd Organizations: Service, National, coy, Facebook, IRL Locations: Spain, Ireland, Istanbul

☆ We're in a 'vibecession,' experts say. Here's how to invest accordingly
▼ + stars: | 2024-05-22 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

And yet, consumer sentiment recently sank to a six-month low. That disconnect is what Joyce Chang, JPMorgan's chair of global research, calls a "vibecession." On the flip side, the combination of higher interest rates and inflation have hit working-class Americans particularly hard. Many of these households have exhausted their savings and are now leaning on credit cards to make ends meet. "Every client we've been talking to over the last several months has brought up the concern of, they're worried about inflation, worried they can't spend money," Garcia said.

Persons: Joyce Chang, JPMorgan's, Chang, that's, Courtney Garcia, they're, Garcia Organizations: Federal, CNBC, Payne Capital Management Locations: U.S

☆ I didn't know what 'MILF' meant until a few years ago, but I embraced the label when I started dating younger men on reality TV
▼ + stars: | 2024-05-20 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

This as-told-to essay is based on a conversation with Christina Best about her experience as a contestant on TLC's "MILF Manor," one of 2023's most talked-about new reality shows. A younger guy came up and was like, "You're such a MILF," and I'm like, "What is that?" I did my audition for "MILF Manor" and they loved it. I did not really know much about what it entailed, but I was asked if I had dated younger. Hot guy, hot girl, there's chemistry, why not?

Persons: Christina Best, TLC's, who's, I'm, —, She's, I've, it's, Joey, Christina, he's Organizations: MILF Locations: I'm, Canada

☆ For working moms, it's some good news and some bad news
▼ + stars: | 2024-05-18 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Read previewFor working mothers, it can sometimes feel like even when there's good news, there's also bad news. Just this week, several stories drove home some of the things that parents and working women already have sensed. But it's a good signal for working moms. The chart shows that since 2015, the percentage of women working across all those groups has gone up in the last 10 years. It's that same mix for the state of working moms — not all good, but not all bad.

Persons: —, there's, Emily McCrary, Ruiz, Esparza, Hewlett Packard, That's, it's, Rachel M, Cohen Organizations: Service, Business, Hewlett, Bloomberg, Free, New York Times Reading

AdvertisementWarning: Spoilers for the first four episodes of "Bridgerton" season 3 and the book "Romancing Mr. Bridgerton" ahead. AdvertisementHannah Dodd as Francesca Bridgerton on season three, episode two of "Bridgerton." Season 3 should've built on 'Queen Charlotte' moreQueen Charlotte and Lady Danbury are underutilized so far in season three. Cressida's story is one of the best parts of the season so farCressida Cowper is given more depth in "Bridgerton" this season. "Bridgerton" season three, part two premieres June 16 on Netflix.

Persons: —, Caralynn Matassa, Palmer Haasch, Adekaiyero —, Bridgerton, Penelope, Colin, schtick, Luke Newton doesn't, Luke, Caralynn, Jonathan Bailey, Palmer, that's, I'm, Eloise, Cressida, Debling, Lord Debling doesn't, Polin, they've, he's, Liam Daniel, Netflix Palmer, — they're, Kanthony, Anthony, Kate, Anthony didn't, Daphne, Simon, Benedict whoring, Benedict, Lady Tilley Arnold, Lady Tilley, Francesca, John, Kilmartin, Hannah Dodd, Francesca Bridgerton, Fran, Hannah, Violet, Claudia Jessie, I've, Charlotte, Lady, Laurence Cendrowicz, Lady Danbury, Queen Charlotte, Golda Rosheuvel, they'd, Danbury, Lord Marcus, Lady Danbury haven't, Lady Featherington, Lord Debling, Featherington, Polly Walker, it's, Will Mondrich, Mondrich, Jean Page's, Alice, Will, doesn't, Cressida Cowper, Lady Whistledown, we've Organizations: Service, Business, —, Netflix Locations: Polin's, Lady Danbury, Queen, Lady, India

☆ The church of Warren Buffett: Why thousands of investors flock to Omaha to be near the investing genius
▼ + stars: | 2024-05-16 | by ( Ryan Ermey | ) www.cnbc.com time to read: +10 min

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. A shopping extravaganzaFor many shareholders, the annual meeting is less about buy-and-hold investing and more about, well, buying. Judith Lieber clutches were among the items on sale at Borsheim's in Omaha, Nebraska. The CHI Health Center before the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. Warren Buffett poses with Martin, the Geico gecko, ahead of the Berkshire Hathaway Annual Shareholder's Meeting in Omaha, Nebraska on May 3rd, 2024.

Persons: Warren Buffett, Berkshire Hathaway, Buffett, Charlie Munger, I've, I'd, Borsheim's, Judith Lieber, Ryan Ermey, Diane Cunningham Redden, —, Clayton, Brooks, Sarah Min, who'd, She'd, they'd, James Eddins, Greg Abel, Carol Loomis, David A, Charlie, Guy Spier, Spier, Charlie Munger's, Doerthe Obert, Martin Organizations: Berkshire, Berkshire —, Oracle, CNBC, Nebraska Furniture Mart, IWC, CHI, Buffett, Squishmallows, Berkshire Hathaway, CHI Health, Apple, Harlem Globetrotters, Grogen, Aquamarine Fund, Grogan Locations: Omaha , Nebraska, Berkshire, England, Woodstock, Omaha, Geico, Nebraska, Borsheim's, China, Australia, Cincinnati , Ohio, Diane Cunningham Redden Cincinnati , Ohio, Columbus , Nebraska, Fairhope , Alabama, Zurich

☆ US and Philippine Marines train in seizing and defending key terrain near Taiwan's south coast in a show of force against China
▼ + stars: | 2024-05-16 | by ( Drew F. Lawrence | ) www.businessinsider.com time to read: +7 min

They were operating in Northern Luzon and the Batanes Islands, Philippine territory north of the mainland — key terrain for a potential conflict with China. The mission, known as maritime key terrain security operations, or MKTSO, was practice for that conflict, but had real-world implications. It was a show of force headed by elements of the Marine Corps ' newest Pacific-oriented unit: the Marine littoral regiment, or MLR. AdvertisementUS Marines prepare to load onto a UH-60 Black Hawk for the maritime key terrain security operations event at Paredes Air Station, Philippines. Malia SparksThose units were joined by a rifle company, also a joint-nation element, with the ability to seize and defend key terrain in the event of conflict.

Persons: —, Army Chinooks, Cpl, Malia Sparks, Maj, Robert Patterson, Military.com, Mark Lenzi, Lenzi, Patterson, Marine corporals Organizations: Service, Marine Corps, Business, Philippine Marines, Army, UH, Paredes Air, US Marine Corps, Philippine Marine, US Army UH, 3rd, Combat, Marines, Enhanced, US Army CH, Marine, United Locations: Taiwan, Northern Luzon, Philippine, China, Philippines, Itbayat, United States

☆ Today is Mark Zuckerberg's 40th birthday. Here's how his wealth has grown over the past decade.
▼ + stars: | 2024-05-14 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMay 14, 2024, marks Mark Zuckerberg's 40th birthday — and he's had quite the decade. Zuckerberg's net worth of $169 billion makes him the fourth richest person in the world, according to Bloomberg. Related storiesZuckerberg owns most of Facebook with his 13% stake in its parent company Meta, and nearly all of his fortune — $164 billion worth — is tied to it. And while he's far from the flashiest of the centi-billionaires, Zuckerberg's lifestyle has changed in conjunction with his wealth.

Persons: —, Mark Zuckerberg's, he's, Zuckerberg, Priscilla Chan, He's, I'm, Chan Zuckerberg Organizations: Service, Harvard, Bloomberg, Business, Facebook, Meta, Chan Zuckerberg Initiative Locations: Meta, Palo Alto, Tahoe, Kauai, Hawaii

☆ Buy, sell or hold? Knowing a stock's PEG ratio can help decide. What it is and how to use it
▼ + stars: | 2024-05-12 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

The PEG ratio, as referenced in the question, takes the price-to-earnings ratio and divides it by a company's projected long-term earnings growth rate. As a general rule, a PEG ratio of 1 or lower indicates you're getting future growth at a good value. That's what the PEG ratio attempts to capture. Keep in mind that we also collect a dividend to compensate us for any lack of earnings growth. These factors outweigh the PEG ratio in our view and are our primary focus right now when it comes to valuing Abbott.

Persons: Jim Cramer, Marcia, Abbott, It's, that's, Eaton, That's, Jim Organizations: Abbott Labs, NEC, Abbott, CNBC Locations: Eaton, Washington, Cramer's

☆ Credit Cards Are Smarter: Better Fraud Detection, No Travel Alerts
▼ + stars: | 2024-05-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

I don't know how JPMorgan Chase knew that I would spend $200 on Botox in Argentina, but it did. It's great that banks and credit-card companies are getting better at discerning which payments are fraudulent and which are legit. Credit-card fraud protection is still far from perfect, but there's no denying that the technology is improving. So I reached out to some credit-card companies and academics to learn more. But it's cool that companies really are making fraud detection better, especially in a world where fraudsters themselves are constantly getting better.

Persons: JPMorgan Chase, it's, Nilson, We've, that's, Tina Eide, Eide, Mike Lemberger, they've, Lemberger, here's, Yann, Aël Le Borgne, Gianluca Bontempi, Bontempi, I'd, Le Borgne, somebody's, Emily Stewart Organizations: Citibank, JPMorgan, Federal Trade Commission, American Express, Netflix, Libre de Bruxelles, Companies, Visa, Citi, Business Locations: California, Buenos Aires, Botox, Argentina, North America, Belgium, Lemberger

☆ It's hard to resist the pull of the 'good old days,' nostalgia researcher says—here's why
▼ + stars: | 2024-05-11 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

While making breakfast in my kitchen this week, I heard the sound of someone cleaning a window which instantly reminded me of a scene from the movie, "Coraline." Even when we aren't looking for it, nostalgia finds us. Nostalgia is "a wistful or excessively sentimental yearning for return to or of some past period or irrecoverable condition," according to Merriam-Webster. It's a "mixed emotional experience, so when we're nostalgic, we may experience a sense of loss and longing. We talked to Abeyta, who studies nostalgia, to get to the bottom of why the emotion is so desirable and if it's actually good for us.

Persons: Webster, It's, Andrew Abeyta, Abeyta, it's Organizations: Merriam, Rutgers University Locations: Camden , N.J

☆ Staying together for your kids, like Donna and Ed Kelce did, is good — if you do it right, a therapist says. Here's how.
▼ + stars: | 2024-05-09 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +6 min

Donna Kelce shared her reasons for delaying her divorce from Ed Kelce. Donna Kelce, mother of football players Jason and Travis Kelce, approached it a little differently. "But there are a lot of ways to have a marriage and a family," Morley said, that don't necessarily require romance or sex. AdvertisementFrom the way Donna and Ed Kelce talk about coming to their choice together, Morley said it shows "they did this with intentionality." Ed Kelce (top row, third from left), Donna Kelce, Jason Kelce, and Taylor Swift watching Travis Kelce play in the 2024 Super Bowl.

Persons: Donna Kelce, Ed Kelce, Jason, Travis Kelce, —, it's, Martha Stewart, Kelce, Stewart, Dr, Isabelle Morley, Morley, Jason Kelce, It's, Donna, they're, Taylor Swift, Tim Nwachukwu Organizations: Service, University of Cincinnati, Bowling Green State University's National, for Family Locations: Boston

☆ John Leguizamo says Disney gave the 'Encanto' cast surprise bonuses because it was such a big hit
▼ + stars: | 2024-05-08 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

John Leguizamo said that "Encanto" was such a huge success that he received a bonus from Disney. AdvertisementDisney was apparently so pleased with the performance of its 2021 hit animated film "Encanto" that it gave members of the cast bonuses — at least, according to star John Leguizamo. For Leguizamo, one of those was Bruno, the reclusive uncle from "Encanto," a Disney animated film about a Colombian family with magical powers. "It was amazing," Leguizamo told BI. But past the numbers, Leguizamo told Business Insider that "Encanto" was so remarkable because of the specificity of its story.

Persons: John Leguizamo, Leguizamo, Bruno, —, that's, Lin, Manuel Miranda, secluding, didn't Organizations: Disney, Service, Walt Disney, Nielsen, Sigma Locations: Colombian

☆ Chris Pine on His Best Movie Roles: 'Wonder Woman,' 'Star Trek,' 'Unstoppable,'
▼ + stars: | 2024-05-08 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +11 min

Whether he's playing the handsome leading man in a rom-com or an intensely focused franchise star, Pine has the uncanny ability to adapt into the movie star that's needed at any particular moment. I learned more from that set about what it means to be a movie star than probably anything else. On turning down 'Wonder Woman' twice before director Patty Jenkins convinced him by bringing up 'Casablanca'"Wonder Woman." Warner Bros. PicturesBy the time you did the "Wonder Woman" franchise, you had done your fair share of blockbusters. Even think of "Wonder Woman 1984" — that's a blockbuster movie that is a hero's journey not about revenge.

Persons: Chris Pine, he's, Don Mattingly, Annette Bening, Danny DeVito, Gwynne Gilford, Robert Pine, Sergeant Getraer, Jack, Pine, Anne Hathaway, David Caruso, it's, Kirk —, Kirk, William Shatner, Karl Urban, McCoy, Karl, Spock, Zach, Quinto, Leonard, Nimoy, Abrams, Shatner, Denzel, Denzel Washington, Tony Scott, Mark Bomback, I'm, you'd, Ben Foster, Taylor, Sheridan, David, Mackenzie, Jeff Bridges, Jeff, Ben, hadn't, Patty Jenkins, Patty, Steve Organizations: Business, Yankee, Washington, Walt Disney Pictures, CSI, Paramount Pictures, Denzel Washington, Denzel, Denzel Washington —, CBS, Warner Bros ., gonzo Locations: cardigan, Pine, Coast, heartthrob, Miami, Casablanca

☆ Photos show what cave divers discovered when they swam inside an iceberg the size of Jamaica. Today, it's gone.
▼ + stars: | 2024-05-08 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +7 min

Her trip inside B-15 marked the first time anyone ever dove beneath an iceberg. Professional diver Jill Heinerth has been exploring Earth's oceans for 35 years. Once inside, Heinerth described it as "this dynamic environment that's beautiful. During their second dive inside B15, they got caught in a powerful current sucking them deeper inside the iceberg. AdvertisementSince Heinerth's dive, iceberg B15 has almost entirely melted away.

Persons: Jill Heinerth, She's, it's, Heinerth, Jill, gobsmacked, www.IntoThePlanet.com Organizations: Service, Business, Disney, WBUR, NASA Locations: Jamaica, Antarctica, B15

☆ You can now get an iPad for just $349
▼ + stars: | 2024-05-07 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Apple revealed the 10th-generation iPad will now be available for $349. The lower-cost iPad supports Apple Pencil, Magic Keyboard, and offers 4K resolution. The iPad 10th generation is now available for $349 — that's about $100 less than what it came out as in 2022. Related storiesCook referred to the new offering as a "more affordable entry-level iPad with an all-screen design." The iPad 10th generation is $250 less than the iPad Air and $650 less than the iPad Pro.

Persons: Apple, —, Tim Cook, Cook Organizations: Service, Apple, Pro, Air Locations: California

☆ John Leguizamo on His Best Movie Roles: 'Carlito's Way,' 'Encanto'
▼ + stars: | 2024-05-07 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +11 min

Before John Leguizamo was an acclaimed writer, director, and film star, he was a young Latino actor just trying to get into audition rooms. On turning down 'Carlito's Way' multiple times and becoming a leading man(L-R) Al Pacino and John Leguizamo in "Carlito's Way." UniversalYou've spoken before about turning down "Carlito's Way" a few times before you eventually made the call to sign on. John Leguizamo as Luigi in "Super Mario Bros." (1993) Warner BrosOn doing too many 'ice movies' and feeling dissed by 'Mr. On 'Sigma male' Bruno and getting a bonus for 'Encanto'Maribel and Bruno (voiced by John Leguizamo) in "Encanto."

Persons: John Leguizamo, Leguizamo, Brando, James Dean, Shakespeare, William Goldman, Benny Blanco, Luigi, Mario, he's, He's, Al Pacino, I've, Benicio, Annabel Jankel, Rocky Morton, Mr, Smith, you've, Wears, Stanley Tucci, Robin Williams, Vince Vaughn, Sid, Sloth, Fox, —, Mike Berg, Peter Ackerman, Chris Wedge, Philip Seymour Hoffman, Ben Stiller, Ray Romano, Denis Leary, Michael Keaton, would've, hadn't, Bruno, Coco, that's, Lin, Manuel Miranda, Spike Lee, Sam, Mel Blanc, I'd Organizations: Broadway, New York Daily News, Warner Bros, Marvel, Sigma, Walt Disney Animation, Disney, Cannes, HBO Locations: Jackson Heights , Queens, Toro, Puerto Rican

☆ RSA CEO Rohit Ghai says emergent 5G technology increases the need to protect critical networks
▼ + stars: | 2024-05-06 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +7 min

Emergent 5G technology is faster and more secure than ever. "There's a huge amount of intellectual property and corporate data that sits on mobile devices," Ghai said. 5G networks are very, very dynamic. The other change is using identity and access governance to make sure privileged access to IT and OT [operational technology] networks is managed. That same pattern follows in 5G networks.

Persons: Rohit Ghai, Ghai, —, It's Organizations: Service, RSA, Infrastructure Security, 5G Locations: San Francisco, cybersecurity

☆ Why Warren Buffett’s shareholders line up at 2 a.m. to see him in Omaha: He’s 'the guy who changed our life'
▼ + stars: | 2024-05-04 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

Such is the scene every year at the shareholders meeting at Berkshire Hathaway , the $826 billion conglomerate helmed by the Oracle of Omaha himself, Warren Buffett . And I wanted to see Warren Buffett in person. Warren Buffett is the guy who changed our life. So we appreciate what Warren Buffett brought us. Or you can come here, see Warren Buffett in person, and just enjoy the conference.

Persons: Buffett, Warren Buffett, James F, Walter Chang, Graham, Dodd, Warren, Charlie, Matt McAllister, Omaha's, Jason Garner, James Hunt, Nathan Prottsman, It's, We're, Munger, Barbara Govan, Charlie Munger, Yuan Fang, Tom Keady, That's, Giuliano Guarino, Eleanor Abney, Hayden, Parker McIntosh Organizations: CNBC, Berkshire Hathaway, Oracle, CHI, Center, Berkshire Locations: Omaha, Berkshire, Fairhope , Alabama, Taipei, Taiwan, Oakville, Canada, South Africa, Omaha , Nebraska, Houston , Texas, Dublin, Ireland, New Market , Maryland, Milan, Italy, Louisville , Kentucky

☆ Goldman Sachs names global stocks with sustainable dividends yields — and says one will hit 10%
▼ + stars: | 2024-05-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The dividend yield differential between Europe and the U.S. is the narrowest it's ever been, making Europe more appealing, according to Goldman Sachs. Goldman said there are also good opportunities in value stocks right now, particularly in banks and energy. The MSCI Europe Value index offers a dividend yield of 4.8% — 2.8 times that of the MSCI Europe Growth. Goldman added that the volatility surrounding rates now suggests that value stocks should continue to outperform growth equities. Here are some stocks in Goldman's screen of high dividend yield names.

Persons: Goldman Sachs, Goldman, CNBC's Michael Bloom Organizations: Companies Locations: Europe, United States, U.S

☆ AI boom in Silicon Valley is going to worsen the housing problem, says CEO of billionaire-backed company trying to build a new city near San Francisco
▼ + stars: | 2024-05-03 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Jan Sramek, CEO of California Forever, wants to build a new city in Solano County, California. The recent "AI boom" will only make the housing crisis worse, Sramek told Kara Swisher. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Previously published information from California Forever revealed that the city will be about 18,600 acres with a capacity to welcome 400,000 residents. A California Forever spokesperson didn't address the question in an emailed response to Business Insider.

Persons: Jan Sramek, Sramek, Kara Swisher, —, Goldman Sachs, didn't, The Lever Organizations: Service, Silicon, California Forever, Business, International Monetary Fund, IMF, Research Locations: California, Solano County , California, Northern California, Solano County, San Francisco, Golden State, Bay, Palo Alto

☆ I was fired from a new job in less than a week after I started. It taught me not every opportunity is a good opportunity.
▼ + stars: | 2024-05-03 | by ( Sarah Dolezal | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a conversation with Calli Nguyen, a 24-year-old social media marketer from Baton Rouge, LA, about getting fired after less than one week of work. I now feel that getting fired after less than a week of employment was a blessing in disguise. The experience taught me that not every opportunity is a good opportunity. Afterall, I did list my social media marketing skills on my résumé. AdvertisementMy boss wanted her social media marketing to look a certain way: showcasing stock photos of attractive women with outdated fonts.

Persons: —, Calli Nguyen, It's, I've, Afterall, Ma'am, Z, it's, doesn't Organizations: Service, Business Locations: Baton Rouge , LA

☆ GE Healthcare's disappointing first quarter offers both a lesson and an opportunity
▼ + stars: | 2024-04-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

GE Healthcare shares sank Tuesday after the company's first-quarter sales and profits fell slightly short of the Wall Street consensus. GE Healthcare Why we own it : GE Healthcare is the global leader in medical imaging, diagnostics, and digital solutions in health care. That's what we have to say about this GE Healthcare quarter. This contributed to some of the softness in the first quarter quarter. The GE Healthcare scanner is called the Revolution CT. Martin Schutt | picture alliance | Getty Images

Persons: didn't, GE Healthcare's, —, it's, Peter Arduini, Jim Cramer's, Jim Cramer, Jim, Martin Schutt Organizations: GE Healthcare, LSEG, General Electric, Philips, Siemens, GE Healthcare YTD, GE, Management, Alzheimer's, CNBC, Getty Locations: China, Covid, Jena , Germany

☆ HSBC wealth investor is convinced four secular themes will keep the U.S. economy humming along
▼ + stars: | 2024-04-28 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

A handful of drivers will keep the American economy humming along, said Jose Rasco, chief investment officer of the Americas at HSBC's wealth division. On the cyclical front, Rasco expects growth to cool as the effects of higher rates become fully felt. "Those four themes suggest to me that's how we avoid recession," said Rasco, a Lehman Brothers and Merrill Lynch alum. Bonus: Presidential election year While not exactly an investment trend, Rasco also noted that a big part of his short-term optimism toward U.S. stocks stems from the looming presidential election. Data shows U.S. stocks tend to outperform in presidential election years.

Persons: Jose Rasco, Rasco, Merrill Lynch, it's Organizations: Federal Reserve, CNBC Pro, Federal, Lehman Brothers, U.S, U.S . Research, BlackRock, HSBC Asset Management Locations: New York City, Americas, China, Mexico, U.S

☆ The US economy may end up caught in a dreaded period of stagflation. 2 experts outline the scenario, and how to keep your money safe
▼ + stars: | 2024-04-27 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

This would force interest rates to stay higher for longer, putting pressure on US businesses and consumers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA pair of economic reports has brought back a word no central banker ever wants to hear: stagflation. The difficult scenario occurs when inflation rises and growth stalls, a dangerous combination just experienced by the US economy.

Persons: stagflation, —, Thursday's, LPL, Jeffrey Roach, Mike Reynolds, Reynolds, Jamie Dimon, Roach, shouldn't Organizations: Service, Federal, yesterday's, Fed, Wall Street, Bank of America

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