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☆ Concerns about inflation peak as Americans struggle to shake off a 'vibecession'
▼ + stars: | 2024-06-25 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Concerns about inflation and interest rates are now at a two-year high, according to a recent report by credit reporting agency TransUnion. Although Americans have seen their buying power rise amid cooling inflationary data and a strong job market, 84% of all adults still rank inflation among their top concerns, followed by housing prices and interest rates, TransUnion's consumer pulse study found. "There continues to be positive progress against bringing down inflation," said Charlie Wise, senior vice president and head of global research and consulting at TransUnion. Relief for those hardest hitMeanwhile, the Federal Reserve's string of 11 rate hikes since 2022, coupled with higher inflation, have hit working-class Americans particularly hard. Many of these households have exhausted their savings and are now increasingly leaning on credit cards to make ends meet.

Persons: Charlie Wise, Joyce Chang, JPMorgan's, that's, Chang Organizations: TransUnion, CNBC

☆ Opinion: Will Julian Assange receive a hero’s welcome in Australia?
▼ + stars: | 2024-06-25 | by ( Opinion Latika Bourke | ) edition.cnn.com time to read: +7 min

CNN —Julian Assange is no martyr, but the Trump administration’s continued pursuit of the WikiLeaks founder ended up making him one — in the eyes of many Australians. Assange, who was released from prison in the UK on June 24, has long been a polarizing figure in his native Australia. Once Assange pleads guilty, under the plea agreed with the US, he will have spent five years in solitary confinement. Assange’s WikiLeaks disclosures put Western human intelligence sources at risk by the way they were dumped on the internet unredacted. He is reported to be heading to Canberra where he’ll be given a hero’s welcome by some, including his family and hardline supporters.

Persons: Latika Bourke, ”, Read, CNN — Julian Assange, Trump, Latika Bourke Louis Douvis, Assange, narcissist, Pamela Anderson, Vivienne Westwood, Assange “, Chelsea Manning, Matt Canavan, ” Canavan, Julian Assange, Saeed Khan, Canavan, “ he’s, George W, “, Assange’s, Julian Hill, Stella Assange, indefatigably, Hill, Caroline Kennedy, Joe Biden, Anthony Albanese, Albanese’s, Albanese, Scott Morrison, he’s, ” Hill, Assange hasn’t, he’ll Organizations: Nightly, Sydney Morning Herald, Love, CNN, WikiLeaks, Trump, US Army, Australian, Wikileaks, Getty, Reuters, Australian Labor, Democrat, Labor, Liberal, Twitter, Facebook Locations: Australian, India, British, Ecuadorian, London, Sweden, Sydney's, Australia, AFP, Saipan, Northern Mariana Islands, Iraq, Canberra

☆ Jim Cramer's top picks for pet-centric stocks
▼ + stars: | 2024-06-25 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

As some of the market's hottest stocks take a pause, CNBC's Jim Cramer on Tuesday told investors it may be wise to get into some "slowdown stocks," like companies with products related to pets. Cramer suggested the "post-Covid drought" in these stocks could be over and pinpointed three: online retailer Chewy , animal health care company Elanco and J.M. Smucker, which owns pet food brands alongside its namesake jelly products and snacks for people. Smucker's efforts to trim down its pet food portfolio. "I'm going with Smucker because of its distinctive shrink-to-grow-more-profitably lucrative narrative in pet food," he said.

Persons: Jim Cramer, Cramer, Eli Lilly, Elanco, J.M, Smucker

☆ The stock market is having its best election year ever
▼ + stars: | 2024-06-24 | by ( Nicole Goodkind | Matt Egan | ) edition.cnn.com time to read: +9 min

The S&P 500 alone has generated an average return of 7% during presidential election years since 1952, according to LPL Financial. If you limit that to election years in which the incumbent president is running for reelection, the average jumps to 12.2%. Yes, but: Market volatility in an election year tends to pick up in October and there are many months left in this cycle with potential surprises to come. “An autumn pullback fits well time wise with potential downside earnings revisions, make-or-break decision time for the Fed, and election uncertainty. The first round of the French election will be held on June 30, with a second round on July 7.

Persons: Goldman Sachs —, Ed Clissold, Ned Davis, they’re, It’s, Goldman Sachs ’ Scott Rubner, “, ”, Mark Hackett, Scott Chronert, Goldman Sachs, Joe Biden, Donald Trump, Jim Reid, There’s, Emmanuel Macron, Katie Nixon, Chris Isidore ., they’ve, Samantha Murphy Kelly, ChatGPT —, Siri —, OpenAI, Siri, ChatGPT, hasn’t, — Organizations: London CNN — Traders, Investors, White, Ned, Ned Davis Research, Nasdaq, Citigroup, Goldman, Barclays, Deutsche Bank, UBS, Deutsche, Fed, United, Labour Party, Renaissance, Northern Trust Wealth Management, Alaska Airlines, Alaska —, Southwest —, Southwest, Railway Labor, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, Wall, IDC Locations: United States, France, “, Alaska, China

☆ High valuations of Apple and Microsoft get a pass. Nvidia does not but should
▼ + stars: | 2024-06-23 | by ( Jim Cramer | ) www.cnbc.com time to read: +13 min

Sure enough, the next day began a historic ascent of Apple stock, an in-your-face rally that many thought made no sense. There's a coalescence of two themes, high speed, accelerated computing and increasingly intelligent AI, and neither works without Nvidia chips. I know that it seems impossible to ponder Nvidia's stock going any higher or passing Apple and Microsoft and staying ahead of it. Ask yourself, does any company match Jensen and Nvidia right now? I say let others be baffled over the Apple versus Microsoft versus Nvidia conundrum.

Persons: WWDC, Tim Cook, Tim, Claude, hasn't, Moore, Elon Musk, Nvidia's, Jensen Huang, Jensen, Ben Franklin, Franklin, Da Vinci, — Jensen, Steve Jobs, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Apple, Developers, Microsoft, Club, Dell, HP Inc, PC, Micron, Nvidia, Computers, Intel, AMD, Pentium, Taiwan Semiconductor Manufacturing Co, Franklin Institute, Oracle, Google, GTC Conference, Cisco, Jim Cramer's Charitable, CNBC Locations: Philadelphia, Rome, Jensen

☆ Older voters want candidates who will protect Social Security, poll finds. Yet parties are tied for their support
▼ + stars: | 2024-06-20 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Joe Biden and Donald Trump Getty ImagesVoters, ages 50 and up, will have a strong influence on the November election. Meanwhile, for older voters, ages 50 and older, Social Security is a top economic concern, the results found. "Democrats only have a three-point advantage on Social Security right now, so the parties are basically tied," said Jeff Liszt, partner at Impact Research. Many voters said they would be more likely to vote for a candidate who will protect Social Security, he noted. Democrats in Congress have proposed plans to make Social Security benefits more generous, which would be paid for by taking the wealthy.

Persons: Joe Biden, Donald Trump, Fabrizio Ward, Bob Ward, Jeff Liszt, — Organizations: Donald Trump Getty Images, Social, AARP, Social Security, Republicans, Impact, CNBC, Congress

☆ 3 surprising things people think are OK to do on planes, according to a poll
▼ + stars: | 2024-06-20 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

The seatbelt light. Pete Syme/Business InsiderKeep your seatbelt onSpeaking of unbuckling seat belts, 47% of respondents said it is acceptable to do so when the seatbelt light is switched off. AdvertisementI think there's a fundamental disconnect between what switching off the seatbelt light means to the flying public and what it actually means. Switching off the light means passengers may now safely get up to use the lavatory or retrieve something from the overhead compartment. Even though aircraft are vacuumed in fairly frequent intervals, their carpets see a lot of passengers between more thorough cleanings.

Persons: —, Pete Syme, it's, Ming Tung Organizations: Service, Business, Air, Toronto Locations: Air France

☆ AI is replacing human tasks faster than you think
▼ + stars: | 2024-06-20 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

That’s in addition to creative tasks for which some businesses are already relying on ChatGPT and other AI chatbots to assist, including crafting job posts, writing press releases and building marketing campaigns. The findings show companies are increasingly turning to AI to cut costs, boost profits and make their workers more productive. Nearly 60% of all companies (and 84% of large companies) surveyed said that over the past year they have already leaned on software, equipment or technology including AI to automate tasks employees previously did. Bosses are turning to AI for a variety of reasons, including to trim what they are spending on human workers. Human jobs will be replaced — but will be replaced by other humans using AI,” he said.

Persons: ” Duke, John Graham, Duke, ”, Graham, “, Reid Hoffman, ” Hoffman, Janet Yellen, Democratic Sen, Gary Peters, ” Graham Organizations: New, New York CNN — Corporate, Duke University, Federal Reserve Bank of Atlanta, ”, CNN, Survey, Atlanta Fed, LinkedIn, Democratic, Homeland Security, Government Affairs Committee Locations: New York, That’s, ChatGPT

☆ Opinion: Juneteenth, Haiti and the power of reinvention
▼ + stars: | 2024-06-19 | by ( Opinion Nadine Pinede | ) edition.cnn.com time to read: +11 min

Juneteenth is a celebration of that hard-fought Black freedom, observed in honor of June 19, 1865 when slaves in Galveston, Texas, first learned from Union soldiers that they were free. Like my parents growing up in Haiti, she was used to seeing Black people in positions of power. She had freed herself from unjust rules meant to restrict education for Black Americans. Mark Felix/AFP/Getty ImagesIn Haiti, Hurston’s creative powers had the time and freedom to unfurl. As the author of “Barracoon,” a book based on interviews with one of the last enslaved Black Americans, Hurston almost certainly understood the significance of Juneteenth.

Persons: Nadine Pinede, ”, Nadine Pinede Sophie Kandaouroff, Lincoln, Juneteenth, “, Jim Crow, Zora Neale Hurston, Hurston, Lynne Sladky, she’d, Little, Barnard, Langston Hughes, Hurston unapologetically, Zora, Mark Felix, Lucille, Toussaint Louverture, Jean, Jacques Dessalines, Henri Christophe, Alice Walker, Walker Organizations: Scholastic Education, Haiti Noir, CNN, Union, Black, Black American, La Force, Howard University, Barnard College, Harlem Renaissance, verve, Guggenheim Fellowship, Guggenheim, Getty, La, Magazine Locations: Haiti, ”, Haitian, Galveston , Texas, Africa, Texas, Caribbean, France, United States, Black, American, Eatonville , Florida, Miami , Florida, Little Haiti, Baltimore, Washington, New York City, Jamaica, AFP, Long

☆ Once you hit this credit score 'you're good,' says credit expert—here's how to get even better
▼ + stars: | 2024-06-19 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

"Once you've hit the mid 700's you're good. If you run a $5,000 balance on a credit card with a $10,000 limit, for instance, your ratio is 50%. To boost your score, credit experts recommend keeping your ratio under 30%, and ideally as low as 10%. That might mean cutting back on spending, asking your credit card company to raise your limit or opening a new credit card — as long as it won't encourage you to spend more. Add more good information to your credit historyEven if you have blemishes on your credit history, "you can offset them by filling up your report with good things," says Rossman.

Persons: you've, Ted Rossman, it's, Rod Griffin, Griffin, AnnualCreditReport.com, You'd, Rossman Organizations: Bankrate, Experian, CNBC

☆ Wells Fargo may have underestimated just how savvy millennial credit card holders can be
▼ + stars: | 2024-06-18 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +7 min

Read previewWells Fargo may have underestimated just how savvy young professionals could be with a credit card that rewards renters. A Bilt spokesperson told Business Insider that Wells Fargo does not make the numbers publicly available. In an email, a Wells Fargo spokesperson told Business Insider that co-branded credit cards are "one modest piece of the company's overall credit card business strategy, and the BILT credit card is one component of that." The Wells Fargo spokesperson said that "there has been no conversation among decision-makers to exit the BILT agreement. A Bilt spokesperson said the Journal's story is an "inaccurate representation of our strategic partnership with Wells Fargo."

Persons: —, Wells, Bilt, Dave Canty, Bilt's, Ankur Jain, Kevin, Amanda Smidt, they've, I've, Amanda, anesthetist, I'm, Wells Fargo, Amanda chimed, Jain Organizations: Service, Bilt Technologies, Business, Alaska Airlines, Virgin Atlantic, Hyatt, Wall Street, Financial Technology Partners, Miami, The Locations: Wells Fargo, San Francisco, Alaska, Wells, Miami, New York

☆ Jim Cramer’s guide to investing: You don’t need to be perfect
▼ + stars: | 2024-06-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said part-time investors shouldn't make themselves crazy aiming for perfection. "You don't need to be perfect at managing your money, you just need to be good enough, and that means you shouldn't waste your time trying to anticipate every little gyration in the market," he said. To Cramer, short-term trading isn't the best way for most at-home investors to make money. He suggested that investors continue to carefully research every stock in their portfolio so they know exactly what they own. But Cramer stressed that investors should never discount the power of an index fund, as it's a relatively easy way to make money.

Persons: CNBC's Jim Cramer, shouldn't, Jimmy Chill, Cramer, it's

☆ Jim Cramer’s guide to investing: Sometimes market moves are just ‘noise’
▼ + stars: | 2024-06-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer warned investors about taking every individual stock move to heart. He said these sudden moves are often arbitrary, and suggested investors focus on a company's underlying business. "Sometimes you can extrapolate a great deal from a big move in an individual stock, but more often it's telling you something you already know or it's just noise that means nothing." While it's difficult to decipher this "noise," Cramer conceded that irregular moves can be valid signals. Other times, the action in the stock is noise, not a signal, and you'll end up feeling very foolish if you take your cue from that kind of action."

Persons: CNBC's Jim Cramer, Don't, Cramer, it's

☆ Why Gen Z is feeling so good about money right now
▼ + stars: | 2024-06-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Read previewGen Zers are feeling pretty good about their financial situations right now. That was especially true for younger generations — over 60% of Gen Z and millennials said they were optimistic, compared to less than 50% of Gen X and baby boomers. How Gen Z can feel good about themselves — but still worry about high pricesBI has previously reported that many aging boomers and Gen Xers cannot retire or are struggling financially in retirement. But when it comes to retirement preparation, Gen Z might be ahead of the game. According to a survey last year from the CFA Institute, over half of Gen Z respondents said they were already investing, and 82% of them started doing so before turning 21.

Persons: —, it's, millennials, X, Zers, Charlie Wise, Wise, Gen Zers, Gen Xers, Gen, that's Organizations: Service, Federal Reserve, TransUnion's, Business, TransUnion, Alliance, Lifetime, Income, Social Security, CFA Institute, American Enterprise Institute

☆ Cocoa prices are soaring. Candy makers will need to get creative
▼ + stars: | 2024-06-15 | by ( Amelia Lucas | ) www.cnbc.com time to read: +7 min

Prices of cocoa have more than tripled over the last year, creating a big headache for candy makers and other food companies that use the ingredient to make chocolate. The price surge has since eased off slightly, but the crop is still commanding well above what food companies are used to paying. This season's cocoa crop is expected to experience the largest deficit in at least six decades, according to a Rabobank report from May. A YouGov survey conducted in October found that 72% of U.S. respondents had noticed shrinkflation in food products. J&J Snack Foods CEO Daniel Fachner has been keeping an eye on cocoa and chocolate prices.

Persons: Ferley Ospina, Hershey, Kinder, Ferrero, they'll, Steve Rosenstock, Mondelez, shrinkflation, Daniel Fachner, Fachner, Justin Sullivan, Nik Modi, Modi, shea, Rosenstock Organizations: Bloomberg, Getty, Cadbury, Clarkston Consulting, Rabobank, Reuters, Mondelez, Consumers, Snack, CNBC, RBC Capital, Jumbo Locations: Ragonvalia, Norte de Santader, Colombia, . West Africa, Ghana, U.S, Novato , California, West

☆ Gen X is feeling the negative effects of inflation more than any other generation
▼ + stars: | 2024-06-14 | by ( Cork Gaines | ) www.businessinsider.com time to read: +4 min

Gen X is feeling the sting of inflation more than other generations. A new TransUnion study shows Gen X is planing the greatest cutbacks in discretionary spending. AdvertisementThis comes at a time when many Gen Xers are already feeling financial pressure. Gen X feels less optimistic about money than other generationsGen X also has a more dire view of the economy in general. Additionally, more than one-third of Gen X respondents anticipate canceling subscriptions and memberships, and one in four plan to cancel or reduce digital services.

Persons: Gen Xers, —, Xers, TransUnion, Dynata, X —, X, Gen X, Gen, Charlie Wise Organizations: Service, Federal Reserve Bank, Business, Federal Reserve's Survey, Consumer Finances, Boomers Locations: TransUnion

☆ My dad gave me this advice when I was 7 years old—it's made me happier and healthier
▼ + stars: | 2024-06-14 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Every summer, my parents used to physically drag my little sister and me on long bike rides. Still, my dad once gave me a one-man standing ovation at a figure skating competition, even though I didn't land any jumps. When I go home for Christmas ever year, my family and I take walks, often back on the White Pine Trail. –Kamaron McNair, money reporterFrom my dad: "Don't get tattooed. –Ashley Turner, senior social media editorMy dad apparently used to sing this Hafez verse to my sisters and me.

Persons: Julia, Sauer, Megan Sauer, I'd, we've, – Kamaron McNair, Max, – Ashley Turner, Ataeiazar, he's, – Renée, Marisa Forziati Organizations: Disney, CNBC Locations: New York

☆ 'Broken rungs' on the corporate ladder are holding Latinas back from the C-suite
▼ + stars: | 2024-06-13 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Latinas face the steepest climb up the corporate ladder despite being as ambitious as their white peers, according to new research from Lean In. Latinas lag behind nearly all other major demographic groups in the executive ranks — white men and white women, Black men and women, even Latino men — comprising a mere 1% of C-suite executives at U.S. companies. A "broken rung" at the first critical step up to manager is still holding Latinas back from climbing the corporate ladder — for every 100 men promoted to manager, only 74 Latinas are promoted, Lean In reports. Latinas are less likely than white women and women overall to have their work highlighted to a leader or to have benefited from a sponsor action like being recommended for a promotion. Nearly half (44%) of Latinas say career growth has become more important to them in the last two years, compared with 32% of white women, Lean In reports.

Persons: Latinas, Rachel Thomas, Lean In's, Anna Dapelo, Garcia, she's, Lean Organizations: Lean, U.S, CNBC, Stanford Health Care, Latina Locations: America, U.S

☆ Dyson spheres: Could alien megastructures exist in the Milky Way? Scientists found 7 places to look
▼ + stars: | 2024-06-13 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +13 min

Now, a new study that looked at 5 million stars in the Milky Way galaxy suggests that seven candidates could potentially be hosting Dyson spheres — a finding that’s attracting scrutiny and alternate theories. If Dyson spheres really exist, what could they be used for? “Freeman Dyson said that we should dismantle Jupiter — the whole planet (for the raw materials).”That supercolossal scale probably means that Dyson spheres, if they exist at all, are very rare. “However, contamination by circumstellar debris disks, which mimic Dyson Sphere infrared signatures, remains a concern,” he added in an email. However, he added, the radiation fingerprint of the seven Dyson sphere candidates might be explained by natural phenomena as well.

Persons: Freeman Dyson, ”, Dyson, Olaf Stapledon’s, George Dyson, ’, Freeman J, couldn’t, Matías Suazo, Suazo, “, Webb, that’s, Gabriella Contardo, NASA’s James Webb, ” Suazo, “ Freeman Dyson, Jason Wright, James Webb, —, Leslie Surginer, ” George Dyson, Tomotsugu Goto, Zaza Osmanov, ” Osmanov, George Organizations: CNN, Institute of, “, ‘, AP, Dyson, SETI Institute, Fermi, Accelerator Laboratory, Fermilab, Royal Astronomical Society, Uppsala University, NASA, Survey, JPL, ESA, European Space Agency, Micron, Sky Survey, University of Massachusetts, Jet Propulsion Laboratory, International School, Studies, Telescope, Penn State University, James Webb Space Telescope, William Press, Computer Science, University of Texas, Tsing Hua, SETI, of Physics, Free University of Tbilisi Locations: British, Princeton , New Jersey, Sweden, Trieste, Italy, Austin, Tsing Hua University, Taiwan, Georgia

☆ Wise shares plunge 10% after fintech firm projects slower growth this year
▼ + stars: | 2024-06-13 | by ( Ryan Browne | ) www.cnbc.com time to read: 1 min

Shares of British money transfer company Wise dropped on Thursday after the company projected weaker annual revenue growth in the current fiscal year. The firm's stock was down 9.8% at 1:30 p.m. London time, after falling as much as nearly 21% earlier in the session. The consumer payments company, which lets customers send or spend their money overseas at cheaper rates, said it was expecting underlying year-over-year income growth of 15-20% for the full-year ending March 2025. That's lower than the 31% underlying income growth to £1.2 billion ($1.53 billion), which Wise reported on Thursday in its results for the fiscal year that ended March 31.

Persons: Wise Locations: London

☆ Goldman likes these resilient stocks as U.S. consumer begins to face more headwinds
▼ + stars: | 2024-06-12 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

While challenges are mounting for consumers, Goldman Sachs still has some names that it sees as smart picks. The latest indicator of how shoppers are faring came Wednesday morning with the May consumer price index reading. The majority of analysts surveyed by LSEG also have a buy rating and price target suggesting the stock can gain another 6%. Their price target reflects the potential for almost 5% in upside. Goldman is not the only firm that sees the stock as a wise idea given the current backdrop.

Persons: Goldman Sachs, Kate McShane, McShane, LSEG, JPMorgan's Christopher Horvers, Horvers, Goldman, Jefferies Organizations: Federal, Walmart, Royal, Consumer, Colgate, Palmolive, Wednesday Locations: Royal Caribbean

☆ Joe Biden’s agonizing wait as a jury deliberates his son’s fate
▼ + stars: | 2024-06-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

The Hunter Biden and Trump cases are vastly different, as is the way the former and current first families have responded to the trials. This is especially significant since Hunter Biden could face up to 25 years in prison if convicted, although a sentence for a first-time offender is unlikely to be that severe. The Hunter Biden trial is the latest cruel twist in the story of a family that has endured more tragedies than most could bear. The infringements on the Biden family’s dignity and privacy cut deep during the trial, which saw discomforting testimony about Hunter Biden’s former cocaine addiction. Media organizations, meanwhile, played an excerpt from Hunter Biden’s audio book that chronicles his spiral into addiction that was used in the prosecution case.

Persons: CNN —, Donald Trump, Joe Biden, Hunter, Trump, Hunter Biden, He’s, Nelson Mandela, WITCH HUNT, ” Trump, Eric, Donald Jr, Mike Johnson —, GOP nominee’s, Melania Trump, Biden, Jill Biden, Leo Wise, “, ” Wise, ”, —, Beau, It’s, Bill Clinton, Roger Clinton, Billy Carter, Jimmy Carter, Beau Biden’s, Hallie, Naomi, “ I’m, Attorney Alvin Bragg, Biden’s, General Merrick Garland, David Weiss, Wise, Joe Organizations: CNN, Biden, Trump, ABC, GOP, Media, Manhattan, Attorney, Republicans Locations: York, Wilmington , Delaware, New York, American, Wilmington, France, Europe, there’s, Mar, Georgia —, Ukraine, China

☆ Countdown to Fed rate decision:Here's what you need to know
▼ + stars: | 2024-06-11 | 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 EmailCountdown to Fed rate decision:Here's what you need to knowJames Bullard, Purdue University's Business School Dean and former St. Louis Fed President, joins 'Squawk on the Street' to discuss why it could be wise to cut sooner but slower, whether the Fed will stick with higher for longer, and if the Federal Reserve is keying in on rival central banks.

Persons: James Bullard, Purdue University's Business School Dean, Louis Organizations: Purdue University's Business School, Louis Fed, Federal

☆ They left NYC for Bali with their teenagers. 7 years later, their sons are fleeing the nest, and they're selling the villa for $1.89 million.
▼ + stars: | 2024-06-10 | by ( Amanda Goh | ) www.businessinsider.com time to read: +9 min

Amanda Goh/Business Insider"We told them, 'One suitcase each. Amanda Goh/Business InsiderThey knew they wanted to stay near Canggu which is known for its beaches and bustling food scene. Amanda Goh/Business InsiderA cozy, eclectic homeThe couple's six-bedroom home sits in a cul-de-sac, next to a rice field that's been repurposed into a plot to grow cucumbers. The couple has one tip for those who want to build a house in Bali: Don't cut corners. Amanda Goh/Business InsiderKaman added that it might not be wise for anyone without any prior experience to take on such an ambitious project.

Persons: —, Gabi Bondor, Zoltan Kaman, It's, we'd, Bondor, Amanda Goh, Bali didn't, Kaman, aren't, it's Organizations: Service, Green School, Business, Kaman Locations: New York City, Bali, Ubud, New York, Indonesian, India, Vietnam, China, Indonesia, Asia, Canggu, Paris

☆ The Radar – The Athletic’s Euro 2024 scouting guide
▼ + stars: | 2024-06-10 | by ( The Athletic Uk Staff | ) www.nytimes.com time to read: +3 min

You’re remembering that goal against Scotland in the last European Championship, aren’t you? There was a touch of David Beckham — Schick owned a dozen of his shirts as a child. “It was tough and I gradually lost drive.”He had already faced medical issues earlier in his career. But Schick made the most of his rotational role, chipping in with several crucial interventions that kept Leverkusen’s 51-game unbeaten run alive. Stylistically, Schick is different from his Leverkusen counterparts — he is more of a poacher, clinical in the air and wise in his movement.

Persons: Patrik Schick, Schick, Cristiano Ronaldo, David Marshall, askew, David Beckham — Schick, nagged Schick, ”, Xabi Alonso’s, Victor Boniface, —, Jacob Whitehead Organizations: Scotland, Scotland —, Scottish, Bayer Leverkusen —, Juventus, Xabi Alonso’s Leverkusen, Nigeria, Leverkusen Locations: Portugal, Prague, Scotland

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