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A 15-year-old girl pleaded guilty to first-degree manslaughter for the fatal stabbing of a cheerleader classmate earlier this year following a Mount Vernon High School celebration. Kayla Green, 16, was killed in the altercation that occurred on April 8, the same day a parade was held to honor the basketball team at Mount Vernon High School for their state championship win. Mount Vernon City School District did not immediately respond to a request for comment. Mount Vernon High School in Mount Vernon, N.Y. GoogleA "brawl" involving some cheerleaders broke out following the off-campus festivities, according to former Mount Vernon City School Superintendent Kenneth Hamilton. Videos of the April stabbing had been posted online and circulating among students, the former superintendent said in the livestream.

☆ Recession drumbeat gets louder as more U.S. CEOs strike mellow note for 2023
▼ + stars: | 2022-12-09 | by ( Medha Singh | ) www.reuters.com time to read: +3 min

A Reuters poll of economists published on Thursday showed that U.S. economic growth was expected to slow to 0.3% in 2023 following a 1.9% rise this year. Tesla Inc CEO Elon Musk said in October a recession would last until the spring of 2024. For 2023, analysts expect profit growth at S&P 500 companies to slow to 4.9%, after rising 5.8% in 2022, according to Refinitiv IBES data. While forecasts for the size and timing of recession vary, expectations for an economic recovery largely hinge on the Fed's stance on rates. S&P 500 performance YTDReporting by Medha Singh and Johann Cherian in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Yet for former Ghana star Derek Boateng, they hold a personal truth. “Football saved my life, because without football I don’t know where I would be or what I would be doing,” he told CNN. Just four years earlier, Ghana had competed at its first ever World Cup, in Germany, with Boateng again featuring. “Playing the World Cup is everything to me, as a football player. Pius Utomi Ekpei / AFP via Getty ImagesThat mantra lay at the heart of Boateng’s playing career, and it is a message he repeats to aspiring student-athletes at the academy.

"It's the recession fear that a lot of investors have ... the concern is that profits begin to drop more meaningfully in the recession." As of Dec. 2, analysts expected S&P 500 companies to report a drop of 0.6% in fourth-quarter earnings after posting a 4.4% rise in the third quarter, according to Refinitiv IBES data. ET, Dow e-minis were down 31 points, or 0.09%, S&P 500 e-minis were down 2 points, or 0.05%, and Nasdaq 100 e-minis were up 4.75 points, or 0.04%. Meanwhile, a Tuesday runoff election in Georgia between Democratic U.S. Among individual stocks, GameStop Corp (GME.N) rose 1.6% in premarket trading following a media report on layoffs.

[1/2] The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. The lender's chief executive said the bank's research predicted three quarters of mild negative growth next year. JPMorgan Chase and Co's (JPM.N) top boss Jamie Dimon also warned of a mild to more pronounced recession ahead. As of Dec. 2, analysts expected S&P 500 companies to report a drop of 0.6% in fourth-quarter earnings after posting a 4.4% rise in the third quarter, according to Refinitiv IBES data. The S&P index recorded three new 52-week highs and six new lows, while the Nasdaq recorded 15 new highs and 109 new lows.

☆ Futures flat after strong Wall Street rally; Salesforce slides
▼ + stars: | 2022-12-01 | by ( Ankika Biswas | ) www.reuters.com time to read: +2 min

SummarySummary Companies Futures: Dow dips 0.16%, S&P flat, Nasdaq off 0.11%Dec 1 (Reuters) - U.S. stock index futures were little changed on Thursday after a strong Wall Street rally in the previous session on hopes of a potential downshift in the Fed's policy on aggressive rate hikes, while Salesforce fell on news of its co-CEO to step down. The S&P 500 index (.SPX) closed above its 200-day moving average for the first time since April in the previous session, while the Nasdaq index (.IXIC) ended over 4% higher. "Seeing a little bit of profit taking," said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey. Powell, however, cautioned that the fight against inflation was far from over and indicated that the terminal rate will be "somewhat higher" than the 4.6% indicated by policymakers in their September projections. ET, Dow e-minis were down 56 points, or 0.16%, S&P 500 e-minis were down 2 points, or 0.05%, and Nasdaq 100 e-minis were down 13.25 points, or 0.11%.

☆ Federal Reserve chairman says a December rate-hike slowdown is possible
▼ + stars: | 2022-11-30 | by ( ) www.nbcnews.com time to read: +5 min

“It makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down. Powell said Fed estimates of inflation in October showed its preferred measure still rising at about triple the central bank’s 2% target. The yield on the 2-year Treasury note , the maturity most sensitive to Fed rate expectations, dropped to about 4.47% from 4.52%. In rate futures markets, traders added to the prevailing bets that the Fed would slow its pace of rate hikes at its meeting in two weeks. Bottlenecks in goods production are easing and goods price inflation appears to be easing as well, and this, too, must continue.” But “we will likely see housing services inflation begin to fall later next year,” he said.

☆ Powell says rate hike moderation may come by December
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +3 min

Curing inflation "will require holding policy at a restrictive level for some time," he said. read moreUS stocks turned sharply higher on his comments, while Treasury yields fell back and the dollar turned lower. More than that, I think (investors) are starting to get a little more comfortable with investing at rates at this level... Investors have gotten to the point now where they are looking to come back into the market. SAMEER SAMANA, SENIOR GLOBAL MARKET STRATEGIST, WELLS FARGO INVESTMENT INSTITUTE, CHARLOTTE, NC"The market is taking this glass-half-full, it could've been worse approach. The balance sheet is almost as important if not more important than the level of rates."

While the Fed chief did not indicate his estimated "terminal rate," Powell said it is likely to be "somewhat higher" than the 4.6% indicated by policymakers in their September projections. The Fed's response to the fastest outbreak of U.S. inflation in 40 years has been a similarly abrupt increase in interest rates. Powell said Fed estimates of inflation in October showed its preferred measure still rising at about triple the central bank's 2% target. The yield on the 2-year Treasury note , the maturity most sensitive to Fed rate expectations, dropped to about 4.47% from 4.52%. Bottlenecks in goods production are easing and goods price inflation appears to be easing as well, and this, too, must continue."

☆ HBO is No. 1 as 14 TV insiders rank the streamers where they want to sell shows: Apple's a big spender and 'there's a sheen when you're a Hulu show,' but there's 'fear in the air' at Netflix
▼ + stars: | 2022-11-28 | by ( Elaine Low | Lucia Moses | ) www.businessinsider.com time to read: +19 min

"It's definitely been not the most exciting and robust year," said one TV agent at a major agency. Around 70 people at HBO and HBO Max have been let go this year, and their comedy development teams have merged. While WBD doesn't break out streamer-specific figures, it said on Thursday's earnings call that HBO Max, HBO, and Discovery+ have a combined 94.9 million subscribers, ensuring that any show on HBO Max has the chance to get a lot of eyeballs. They'll also take smaller swings in the genre department, do things at a lower budget," said the second TV agent. Echoed the first TV agent: "You pitch and sell to them if no one else wants it."

Softer-than-expected inflation data in recent days had boosted expectations of smaller interest rate increases, but strong retail sales figures on Wednesday stoked fears that the Fed could keep tightening the monetary policy further. Several other Fed officials in recent days have also stressed on the need to continue raising interest rates, though at a slower pace. Wall Street closed the previous session lower as a grim outlook from Target Corp (TGT.N) sparked concerns about retailers heading into the crucial holiday season. ET, Dow e-minis were down 384 points, or 1.14%, S&P 500 e-minis were down 52.5 points, or 1.32%, and Nasdaq 100 e-minis were down 177.5 points, or 1.51%. U.S.-listed shares of Alibaba Group Holding Ltd fell 2.1% after the Chinese e-commerce giant posted a smaller-than-expected rise in quarterly revenue.

☆ The Visions of Octavia Butler
▼ + stars: | 2022-11-17 | by ( Lynell George | ) www.nytimes.com time to read: +27 min

As a science fiction writer, Butler forged a new path and envisioned bold possibilities. Mural with a portrait of Octavia Butler and her name, composed of dots of various densities in 3-D space. In 1995, she became the first science fiction writer to be awarded a MacArthur “genius” grant. “‘Kindred’ was a story of ordinary people trapped in fantastic circumstances,” Butler wrote in a 1988 notebook. Her point of view was one not traditionally found in science fiction and, simply by writing, she demanded a larger world.

☆ I made $247,000 last year running a bridal boutique. Here are the networking and marketing strategies I used to grow my business from the ground up.
▼ + stars: | 2022-11-17 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +9 min

I'm a bridal beauty expert and stylist and the owner of Elite Secrets Bridal and The Elite Design House. Before entering the bridal industry, I worked in sales and marketing for a radiology company for 15 years. SHair PhotographyElite Secrets Bridal provides full-service luxury bridal beauty, from styling and alterations to hair and makeup. In 2015, with my husband's help and using our savings to invest in the new business, I opened Elite Secrets Bridal. I used networking as part of my marketing plan by being relatable so people could buy into me as a person and not just the businessAn Elite Secrets Bridal bride.

☆ What we know about the 4 Idaho college students found dead in an off-campus home
▼ + stars: | 2022-11-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Phil-Helsel-Circle-Byline-Template.Jpg | Phil Helsel | ) www.nbcnews.com time to read: +4 min

The killings of four University of Idaho students Sunday elicited shock and sadness on campus, in the college city of Moscow, Idaho, and beyond. Mogen planned to move to Boise after graduating this spring, family friend Jessie Frost told the Idaho Statesman newspaper. Chapin had just turned 20, and was a triplet, his parents, Stacy and Jim Chapin, told NBC affiliate KING of Seattle. “Everything we do, is all of us, together,” Stacy Chapin told the station. “I am lucky to have had her as a sister,” her sister, Jazzmin Kernodle, said in a statement.

Officers investigate the deaths of four University of Idaho students at an apartment complex south of campus Monday. The slain students were identified Monday as Ethan Chapin, 20; Madison Mogen, 21; Xana Kernodle, 20; and Kaylee Goncalves, 21. In a memo to students, university President Scott Green said he and his wife were "heartbroken." Kernodle, of Post Falls, Idaho, was a junior and a member of the Pi Beta Phi sorority majoring in marketing. And Goncalves, of Rathdrum, Idaho, was a senior and a member of the Alpha Phi sorority majoring in general studies.

☆ No clear answers in deaths of 4 Idaho students found dead near campus, mayor says
▼ + stars: | 2022-11-15 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

The mayor of a small Idaho town where four college students were found dead said the “senseless” killings could be blamed on "most any scenario." In a memo to students Monday, University of Idaho President Scott Green said he and his wife were "heartbroken" over the deaths. Kernodle, of Post Falls, Idaho, was a junior and member of the Pi Beta Phi sorority majoring in marketing. Mogen, of Coeur d’Alene, Idaho, was also a member of the Pi Beta Phi sorority and a senior majoring in marketing. And Goncalves, of Rathdrum, Idaho, was a senior and member of the Alpha Phi sorority majoring in general studies.

As the political world settled in for a long wait to know who will control Congress, Republicans began finger-pointing Wednesday about whether former President Donald Trump was to blame for their lackluster election night. The Georgia Senate race is headed to a December runoff, NBC News projects, making it increasingly likely control of the upper chamber won't be decided until then. "Now that it’s obvious the @gop should expel the Trump family from its future lexicon," Trump critic and Republican Rep. Adam Kinzinger of Illinois tweeted Wednesday morning. Vance at an Ohio Republican Party election night watch party in Columbus on Tuesday. Will Hurd, a former Republican congressman from Texas, tweeted of the election results, "It’s the candidates, stupid."

☆ 14 TV insiders rank the streamers where they want to sell shows now as Apple TV+ closes in on HBO Max amid turmoil at Warner Bros. Discovery
▼ + stars: | 2022-11-08 | by ( Elaine Low | Lucia Moses | ) www.businessinsider.com time to read: +19 min

☆ Six in ten Britons will spend less at Christmas -Deloitte survey
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 7 (Reuters) - Six in ten Britons believe they will have less money to spend over the Christmas period than last year, according to a survey published on Monday, adding to evidence that a thrifty festive season beckons. The survey from Deloitte found 38% plan to switch to cheaper brands or stores to seek out gifts, and for Christmas Day dinner 35% plan to do at least part of their shop at a discount supermarket. "Consumers are entering the festive season with budgets under more pressure this year, and it is not surprising that almost all are considering affordability and adapting their typical Christmas spending habits in one way or another," Oliver Vernon-Harcourt, head of retail at Deloitte, said. With inflation at a 40-year high of 10.1%, interest rates rising and consumer confidence close to the gloomiest on record, Britons have cut their spending. Deloitte's findings chimed with surveys last month from Kantar and Accenture, which both showed Britons planning to cut festive spending this year.

☆ Wall St down for fourth straight day on Fed rate hike worry
▼ + stars: | 2022-11-03 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2022. read moreWith roughly 80% of S&P 500 companies having reported earnings, the expected growth rate is 4.7%, according to Refinitiv data, up slightly from the 4.5% at the start of October. Declining issues outnumbered advancing ones on the NYSE by a 1.75-to-1 ratio; on Nasdaq, a 1.50-to-1 ratio favored decliners. The S&P 500 posted 6 new 52-week highs and 46 new lows; the Nasdaq Composite recorded 77 new highs and 291 new lows. Reporting by Chuck Mikolajczak in New York Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ A timeline of threats against Nancy Pelosi — from the January 6 death threats to a claim about beheading her 'jihadist style' — that preceded the attack on her husband
▼ + stars: | 2022-10-30 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +7 min

A man who violently attacked Nancy Pelosi's husband, Paul Pelosi, may have been looking for her. Nancy Pelosi has faced several threats, including some that resulted in charges or conviction. "Nancy Pelosi is apart [sic] of a satanic cult and so are the people who work closely with her. A relative had informed her of a text Meredith sent in which he threatened Pelosi, prosecutors said. "The attacker who injured Paul Pelosi was looking for Nancy Pelosi, likely wanting to finish the job."

"From a markets perspective, you have to be cautious going forward," said Michael O'Rourke, chief market strategist at JonesTrading. "They're the biggest stocks in the market, and we really haven't had much of anything good come out of any of them." The Fed has already raised rates by 300 basis points this year as it fights the worst inflation in decades. "The big technology companies like Amazon continued hiring to support a business that looks like the year 2021, and it's not 2021. Despite the big stock price drops, some investors see more pain for the big tech-focused names.

☆ Weak Amazon outlook another blow to tech-type growth shares
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +7 min

But Apple earnings on Thursday were a bright spot, with higher than expected revenue leaving its shares (AAPL.O) only slightly lower. But then we look at the Apple report and they reported strong growth in a lot of their consumer categories. Going into the holiday season you would expect the consumer to really ramp up so that I see a big divergence between Apple and Amazon." What we saw in the past is that in a period of growth, tech really grew faster than anything else and got multiples that reflected that. There was always concern going into earnings, and quarter after quarter, they surprised to the upside.

Oct 27 (Reuters) - Over $200 billion in U.S. stock market value went up in smoke in extended trade on Thursday, after a weak forecast from Amazon (AMZN.O) added to a string of downbeat quarterly reports from Big Tech companies. Also after the bell, Apple (AAPL.O) shares fell about 1%, erasing about $30 billion of its stock market value after the Cupertino, California company reported quarterly iPhone sales that fell short of Wall Street targets. Amazon's weak report sent Nasdaq futures tumbling about 3%, showing traders expect Wall Street to open with a deep decline on Friday. Google-owner Alphabet (GOOGL.O) and Microsoft (MSFT.O) dropped about 1% each, adding to losses following their own poorly received quarterly reports on Tuesday. Thursday's drop left Meta's stock market value at about $260 billion, with the one-time behemoth now about the 20th most valuable company on Wall Street.

☆ Jules Bass, producer and director known for ‘Rudolph the Red-Nosed Reindeer’ and ‘Frosty the Snowman,’ dies at 87
▼ + stars: | 2022-10-26 | by ( ) www.nbcnews.com time to read: +2 min

The three prominent holiday specials, “Rudolph,” voiced by Burl Ives, “Frosty” starring Jackie Vernon and Jimmy Durante and “Santa Claus,” voiced by Fred Astaire and Mickey Rooney, all debuted during the 1960s and 1970s. NBCUniversal via Getty ImagesBass was known for his longstanding creative partnership with director Arthur Rankin Jr., who died in 2014 at 89. Bass and Rankin’s first production was a syndicated television series titled “The New Adventures of Pinocchio,” which premiered in 1960. In addition to numerous holiday specials, they served as producers of series including “Thundercats” and “The Jackson 5ive” animated series. The January death of Bass’ daughter, Jean Nicole Bass, preceded his own.

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