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But Wall Street is worried that hero may never come for Hollywood. Yet, Wall Street still isn't satisfied. Warner Bros. Wall Street wants a solution, or, at the very least, a company to set the stage for a potential solution. watch nowConsider M&A difficultiesMergers and acquisitions present another path to a bigger bundle, but Wall Street isn't sure there will be a big deal in 2024.
Persons: Doug Creutz, Creutz, Michael Nathanson, MoffettNathanson, Rafael Henrique, Lightrocket, Nathanson, Shari Redstone, David Zaslav, Bob Bakish, Barbie Organizations: Getty, Hollywood, Disney, Warner Bros, Discovery, Comcast, Paramount Global, Netflix, Companies, Warner Bros . Discovery, Paramount, Cowen, Century Fox, Amusements, Comcast's, Universal
watch nowHigh schools have been buzzing about financial education. They earned an "A" because in those states, high school graduates in the class of 2023 were required to have taken a personal finance course before graduation. Studies show personal finance education can make a significant difference in young adults' financial behaviors, from improving credit scores and lowering loan delinquency rates to reducing payday lending and helping students make better decisions about college loans. A few states still have 'virtually no requirements'Meanwhile, four states — California, Connecticut, Massachusetts and South Dakota — as well as Washington, D.C., got failing grades, receiving "F"s in this report because they have "virtually no requirements" for personal finance education in high school. Still, advocates in "failing" states, such as California, are working to change the laws to ensure students are guaranteed financial education.
Persons: Virginia —, John Pelletier, Champlain, " Pelletier Organizations: Center for Financial, Champlain College, Champlain College's Center, Financial, South Dakota —, D.C Locations: Burlington , Vermont, — Alabama, Iowa , Mississippi , Missouri , Tennessee , Utah, Virginia, U.S, — California , Connecticut , Massachusetts, South Dakota, Washington, California
Tom Werner | Digitalvision | Getty ImagesIf you elected not to participate in your company's 401(k) plan, your employer may have other ideas. The concept of 401(k) plan "reenrollment" has been gaining traction. Most companies, about 85%, direct workers' savings into target-date funds if they're automatically enrolled, according to PSCA data. Workers receive a notification from their employer ahead of reenrollments and have the chance to opt out or reduce their contribution. Employers' hope is that inertia will cause workers to stay in the plan rather than opt out.
Persons: Tom Werner, Digitalvision, reenrollments, Sean Deviney, they're Organizations: of America, Workers, Employers Locations: Fort Lauderdale , Florida, reenrollments
Though aerospace and defense funds understandably haven't done well in this year's faltering market, some individual stocks have posted substantial gains. U.S. support in what's turning out to be a long war in Ukraine will likely push overall contractor spending higher, benefitting aerospace and defense companies. In this era of high-tech warfare, when strategic military engagement is more about digital systems and aerial weapons than boots on the ground, aerospace and defense companies are advantageously positioned. Lucrative products include fighter jets, helicopters, parts for them, avionics products, missile guidance system, drones and anti-drone technology and support services. Curtiss-Wright Corp (CW) Projected five-year annual earnings growth: Data was not available.
Persons: Lockheed Martin, Giuseppe Cacace, Northrup Grumman, Howmet's, Wright, Woodward, Gerald R, Ford Organizations: US Air Force, USAF, Lockheed, Maktoum International Airport, Afp, Getty, U.S, Publicly, General Dynamics, TransDigm, Inc, Parsons Corp, U.S . Department of Defense, Missile Defense Agency, State Department, Department of Homeland Security, Department of Energy, Federal Aviation Administration . Products, Aerospace, Curtiss, Wright Corp, CW, N.C . Products, Woodward Inc, Huntington Ingalls Industries, Coast Guard, Ford, Pentagon Locations: Dubai, Al, Maktoum, Ukraine, Israel, Gaza, what's, Virgina, Washington, Davidson, N.C, Fort Collins , Colorado
"We were an early adopter," said Morgan, who served as past president for Tennessee Jump$tart, an independent affiliate of the national Jump$tart Coalition for Personal Financial Literacy, which championed the policy. While financial literacy has long been a priority, the Covid-19 pandemic sparked a wave of state-level legislation nationwide, said Morgan, who also served on the board of the Tennessee Financial Literacy Commission. "The work is never done," said Bill Parker, director of the Tennessee Financial Literacy Commission, which aims to incorporate personal finance into schools "as early as possible." Bill Parker Director of the Tennessee Financial Literacy CommissionThe Commission has outlined priorities in its five-year strategic plan, which has included thought leadership and state-level advocacy for expanded financial literacy programming. Numerous studies have highlighted the benefits of teaching children financial literacy at an early age.
Persons: chris Ryan, Istock, Jackie Morgan, Morgan, We've, there's, Bill Parker, Parker Organizations: Federal Reserve Bank of Atlanta's, Tennessee, Tennessee Financial Literacy, U.S, Finance, Council for Economic Education, Tennessee Financial Literacy Commission, Tennessee Financial Locations: , Tennessee, Federal Reserve Bank of Atlanta's Nashville, U.S, , Tennessee
2023 was a tumultuous year for the venture capital industry. This year, Business Insider asked the most important VCs across the US to name the most promising VCs in their cities. Business Insider also asked the general public and last year's rising stars who they thought should make the cut. And just like last year, more of this year's rising stars are women than men, indicating that more women are being brought into the pipeline of the traditionally male-dominated venture capital industry. Scroll to see 2023's rising stars of venture capital, organized alphabetically by the investor's name.
Organizations: Silicon Valley Bank, Tech, Business
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe key to Disney from here is really about the streaming business, says Michael NathansonMichael Nathanson, MoffetNathanson founding partner & senior research analyst, joins 'Squawk Box' to discuss Disney CEO Bob Iger's employee town hall, the challenges facing the company, the future of the stock, and more.
Persons: Michael Nathanson Michael Nathanson, MoffetNathanson, Bob Organizations: Disney
However, you may still owe taxes if you made a profit on resold Taylor Swift tickets, experts say. While third-party payment apps won't report as many business transactions to the agency this year, you are still required to pay taxes on profits, including resold concert tickets. "The big thing this past year was selling Taylor Swift concert tickets," said certified financial planner Tommy Lucas, an enrolled agent at Moisand Fitzgerald Tamayo in Orlando, Florida. 'If you want to follow the law ... report it'Ticket profits have always been taxable, and this may affect those who resold Taylor Swift concert tickets this summer. Keep copies of your purchase receipts for goods you later resell, such as those Taylor Swift tickets, since tax liability will be based on your sales proceeds minus the original purchase price.
Persons: Taylor Swift, Buda Mendes, tas23, Tommy Lucas, Moisand Fitzgerald Tamayo, Swift, Taylor, Lucas, James Guarino, Baker Newman Noyes, it's, Albert Campo Organizations: Getty, IRS, PayPal, TicketMaster, Accounting Services, CNBC Locations: Orlando , Florida, Boston, New Jersey
A plan by Argentina's president-elect to dollarize the economy won the backing of Mark Mobius. The veteran emerging-market investor said the currency shift would be an "incredible boost" for the economy. The comments from the veteran emerging-market investor come after Javier Milei won Argentina's presidency over the weekend, bringing his dollarization plans a step closer to reality. Dollarization critics have warned that a sudden currency switch could trigger a recession, citing a shortage of dollar reserves at Argentina's central bank. AdvertisementMobius also warned that the current condition of Argentina's economy has made investing there difficult.
Persons: Mark Mobius, , Javier Milei, Milei, Mobius, Milei's, it's Organizations: Service, Bloomberg, Argentina's, Mobius, Federal Reserve Locations: Argentina, Argentina's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC+ delay could cause bearishness in energy stocks short-term, says Again Capital's John KilduffJohn Kilduff, Again Capital founding partner, joins 'Power Lunch' to discuss OPEC's meeting delay and what it means for oil stocks.
Persons: Capital's John Kilduff John Kilduff Organizations: Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect a volatile trading week following three weeks of gains for stocks, says Victoria GreeneVictoria Greene, Founding Partner and CIO of G Squared Private Wealth, discusses the trading week ahead and the stocks high on her radar.
Persons: Victoria Greene Victoria Greene Organizations: G, Wealth
LAS VEGAS (AP) — At the inaugural Formula One Las Vegas Grand Prix, music and entertainment have taken a dominant role. (The luxury club and casino is a founding partner in the Las Vegas Grand Prix.) Travis Scott performed at Zouk Nightclub located in Resorts World Las Vegas, another partner of this particular race. For the inaugural Vegas race weekend, the Grand Prix hosted an Opening Ceremony — not too dissimilar from the star-studded event that launch the Miami race in 2022. Just like music.”For the EDM DJ and Las Vegas resident Steve Aoki, the F1 Opening Ceremony is indicative of Vegas' growing appeal.
Persons: J Balvin, He'd, Usher, , he'll, will.i.am, , Jack Harlow, Travis Scott, Jared Leto, Shannon Leto, Keith Urban, Andra Day, Kylie, ” Bishop Briggs, Steve Aoki, John Legend, , ” Keith Urban, Day, Mercedes Driver, Lewis Hamilton, Michael Jackson's Organizations: LAS VEGAS, , One Las, Prix, Las Vegas, Associated Press, Cosmopolitan, Liberty Media, Wynn, Vegas, Formula, Miami, Paddock Club, AP, Las Locations: Sin City, Las Vegas, Vegas, Las, Bahrain
Investor Kenneth Ballenegger was suspended from his firm Oyster Ventures after offensive posts on X.Ballenegger wrote on X that Israel should sterilize Gaza's population, among other remarks. AdvertisementAdvertisementVenture capitalist Kenneth Ballenegger has been suspended from the US investment firm he cofounded, Oyster Ventures, after making offensive remarks on X on the Israel-Hamas conflict. According to screenshots shared with Insider, Ballenegger wrote on Sunday: "After the war, Israel should handle Gaza like China handles Xinjiang. "Any employee's personal or political opinion does not reflect the values of Oyster Ventures or myself. The blowback over Ballenegger's comments also reflect ongoing tensions in the tech world.
Persons: Kenneth Ballenegger, Ballenegger, sterilize, , Yashar Ali, Ballenegger's, Sophie Liao, Liao, I've, Bolt, Dealroom, Crypto, Paddy Cosgrave Organizations: Oyster Ventures, Service, Ventures, Summit Locations: Israel, Gaza, China, Xinjiang, San Francisco, Asia, Pitchbook
Additionally, the value of non-cash charitable contributions is limited to 50% of your adjusted gross income, which can be a "real hassle" if you're donating a newer used car, which are "valuable right now," he said. The donor must include the 1098-C when they file their individual tax return, and detail the donation on Schedule A. If you made more than $5,000 in non-cash charitable contributions, you'll also fill out Form 8283, Lucas said. Even if you don't see a tax benefit, you relieve the charity of the effort and expense of repairing and selling the car. How to vet a nonprofit for a car donationIf you plan to donate a car, make sure the organization is a 501(c)(3) organization, Campo explained.
Persons: Manusapon, Albert J, Lucas, you'll, Campo Organizations: AJC Accounting Services, IRS Locations: Manalapan , New Jersey
The wildest moments of WeWork’s rise
  + stars: | 2023-11-11 | by ( Catherine Thorbecke | ) edition.cnn.com   time to read: +8 min
And many early WeWork employees, who worked at lower salaries because they were given stock options, ended up with nothing. WeWork’s wild rise and fall is the latest high-profile incident to shatter that myth. Here is a look at four of the wildest moments from WeWork’s rise, according to the company’s statements and a best-seller about the company. (Part of WeWork’s push to appeal to millennials included free-flowing beer and open bars set up within its coworking outposts.) That pre-IPO paperworkThe beginning of the end can perhaps be traced back to WeWork’s first attempt to go public back in 2019.
Persons: New York CNN — WeWork, Adam Neumann’s, Neumann, Son, Adam Neumann, Kelly Sullivan, Eliot Brown, Maureen Farrell, millennials, Darryl McDaniels, Mike Segar, , Rebekah, WeWork, Caitlin Ochs, WeWork’s, Neuman, Mark Lennihan, , Tolga Akmen Organizations: New, New York CNN, WeWork, San Francisco, of Fine Arts, Gulfstream G650, Wall Street Journal, Bloomberg, Getty, Nasdaq, City of Locations: New York, San, San Francisco , California, Israel, Manhattan , New York, WeGrow, WeLive, New York City, U.S, City, City of London, AFP
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Hollywood actors-studios deal 'came down to A.I. at the very end', says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the tentative deal reached by the Screen Actors Guild and Hollywood studios to end the monthslong strike, who the winners and losers are, the impact on production, and more.
Persons: Matt Belloni Matt Belloni, Puck Organizations: Screen Actors Guild, Hollywood
Here's why Disney stock is moving higher
  + stars: | 2023-11-09 | 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 EmailHere's why Disney stock is moving higherMichael Nathanson, SVB MoffettNathanson founding partner and senior research analyst, joins 'Squawk on the Street' to discuss the recent run-up in Disney's stock price, why the stock moved higher, and more.
Persons: Michael Nathanson, SVB
Oil's big slide: What you need to know
  + stars: | 2023-11-08 | 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 EmailOil's big slide: What you need to knowJohn Kilduff, Again Capital founding partner, joins 'Power Lunch' to discuss if oil price declines will continue, what the range of crude prices will be between now and the Spring, and more.
Persons: John Kilduff Organizations: Capital
Tiger Woods couldn't be more involved with primetime TGL unless he had built the arena. Woods, Rory McIlroy and former Golf Channel president Mike McCarley are founding partners in TMRW Sports, the sports and entertainment company behind TGL. “Having the opportunity to not only compete, but also own a team to represent Jupiter is an exciting next chapter for me,” Woods said Tuesday. Woods referred to TGL as a “modern twist of traditional golf” that ultimately will make it more accessible by leaning the glitz of technology. The prize fund is $21 million, with $9 million going to the winning team and players eventually getting equity in the league.
Persons: He's, Woods, David Blitzer, Rory McIlroy, Mike McCarley, ” Woods, Woods hasn't, ” McCarley, McIlroy, Keegan Bradley, Adam Scott, Tyrrell Hatton, Arthur Blank, Alexis Ohanian, Venus Williams, Alex Morgan, Michelle Wie West, Steven Cohen, Marc Lasry, Stephen Curry, Blitzer, , I've, , , LIV, TGL, Collin Morikawa, Bradley Organizations: TGR Ventures, Jupiter, Golf Channel, TMRW Sports, , SoFi, ESPN, Technology, Fenway Sports Group, New England, Keegan, Atlanta, Atlanta Falcons, Los Angeles Golf Club, New York Mets, Avenue, Fund, Golden State, , Philadelphia 76ers, New Jersey Devils, Cleveland Guardians, Washington Commanders, Real Salt Lake, Crystal Palace FC, Premier League, Ryder, Saudi, LIV Golf Locations: Palm Beach Gardens , Florida, Los Angeles, Boston, Serena, New York, San Francisco, Golden, American, Real Salt, LIV .
Glenn Youngkin isn’t on the ballot this year, but his push for a new conservative direction for the Republican Party is. The discipline extended beyond the 10 candidates Youngkin endorsed in competitive primaries, so as to keep distractions at bay. Virginia Democrats, who would normally use such a post to put the entire GOP in an awkward position, did not apparently even notice. Still, there isn’t a lot of evidence that the Virginia Democratic Party sees Youngkin as any sort of liability for the GOP — he isn’t featured negatively in any of their ads, for example. “What we have found out over the last two years is that that vest-wearing, affable, basketball playing dad is really a MAGA Extremist,” said Virginia Democratic Party Chair Susan Swecker.
Persons: Glenn Youngkin isn’t, MAGA, He’s, Youngkin –, aren’t, that’s, Donald Trump, , , Youngkin, “ I’ve, Joe Biden, ” Youngkin, ABC’s George Stephanopoulos, Youngkin’s, Mark J, Rozell, Roe, Wade, ” Rozell, Taylor Keeney, Bob McDonnell, Thomas Peterffy, Sen, Siobhan Dunnavant, Dunnavant, Del, Tara Durant, Matt Strickland, Emily Brewer, Hermie Sadler, Durant, Juan Pablo Segura, Jason Ballard, John McGuire, Bryce Reeves, Bill Woolf, Buddy Fowler, John, Lee Peters, Mike Dillender, McGuire, Reeves, Ballard, Daniel Squadron, Tim Kaine, Mark Warner, he’s, Susan Swecker Organizations: CNN, Virginia Gov, Republican Party, Democratic, Democrat, Republican, GOP, Privately, Trump, Commonwealth, Virginia Democrats, Schar School of Policy, Government, George Mason University . Virginia, Republican Gov, PAC, OB, Covid, NASCAR, Heritage Festival, Heritage Indian, The States, States Project, Democratic National Committee, Democrats, Republicans, Virginia Democratic Party, Virginia Democratic Locations: Virginia, Fredericksburg, , Richmond, Chantilly, Sens
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHulu can help bring ads to the rest of the Disney ecosystem, says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss Disney's purchase of Comcast's stake in Hulu, where the entertainment giant will pay at least $8.6 billion for the remaining one-third of the streaming service it didn't already own, the impact on the streaming sector, and more.
Persons: Matt Belloni Matt Belloni, Puck Organizations: Hulu, Disney Locations: Hulu
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm generally pretty bullish despite high interest rates, says veteran investor Mark MobiusMark Mobius, veteran investor and Mobius Capital Partners founding partner, joins 'Squawk Box' to discuss the Fed's inflation right, interest rate path outlook, global investment landscape, the case for emerging markets, and more.
Persons: Mark Mobius Mark Mobius Organizations: Mobius Capital Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSam Bankman-Fried has not mounted a credible defense to date, says Puck's Teddy SchleiferTeddy Schleifer, Puck founding partner, joins 'Squawk Box' to discuss the latest developments in the criminal fraud trial of FTX founder Sam Bankman-Fried, and more.
Persons: Sam Bankman, Fried, Teddy Schleifer Teddy Schleifer, Puck
Returns from the Treasury market are growing more attractive with yields hovering near 5%, the highest since 2007. When the government has more trouble finding buyers for new Treasurys, yields will rise to attract interest. For instance, holders can't sell their bonds directly from a TreasuryDirect account. For greater access to the Treasury market, investors can turn to brokerages and some commercial banks, which act as the primary intermediaries of US debt. By using a broker to buy bonds in the secondary market, investors can also add Treasury assets into tax-free accounts, such as a Roth IRA.
Persons: , Matthew Liebman, Roth Organizations: Treasury, Service, Federal Reserve, Investing.com, Amplius Wealth Advisors, Bloomberg Locations: Brokerages, TreasuryDirect
U.S. chipmaker Nvidia has been getting a lot of love from market watchers this year – and growth investor Nick Griffin is no exception. NVDA YTD mountain Year-to-date share price of Nvidia Griffin does not expect this phenomenon to have a significant impact on the company in the long-term. So, short-term, I understand the negativity – but long-term, it's not going to change the fact that people want to buy their chips," Griffin said. Going forward he foresees an increase in the demand for GPUs - which would possibly chip away Nvidia's market share to around 60%. While this may mean a loss of market share to its fellow chipmakers, the growth investor believes that Nvidia is in "a very unique position."
Persons: Nick Griffin, Munro, Griffin, Nvidia Griffin, it's, Griffin –, Cuda, Organizations: Nvidia, Munro Partners, CNBC's, U.S, U.S ., Munro Growth Locations: Australia, China
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