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☆ Hip-Hop, Still Fly at 50
▼ + stars: | 2023-02-08 | by ( Guy Trebay | ) www.nytimes.com time to read: +1 min

“Everything is a flashback,” Syreeta Gates said last week. “That’s the way it always is with our culture. It was a dizzying convergence, musically and visually. Decades afterward, the rap scholar Tricia Rose would note in “Black Noise: Rap Music and Black Culture in Contemporary America” how skeptical the mainstream initially was to music most thought was a fad. That is, until the indie producer Sylvia Robinson released the hit song “Rapper’s Delight” in 1979.

☆ The AI craze has sent some stocks soaring up to 300%. This list of over 74 stocks across 5 categories features the top picks from the sector's leading fund managers.
▼ + stars: | 2023-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ Why thinking of your work as a family can be so toxic and what you can do instead
▼ + stars: | 2023-02-02 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +6 min

As layoffs sweep through the tech sector, it's become more clear: Work isn't your family. The workplace family "works as a means to distract and compel workers to ignore their own exploitation," they added. For some people, like Amazon founder Jeff Bezos, striving for an even distribution of work and personal life doesn't work — he prefers work-life integration instead. But continuing to learn and grow is crucial and often falls by the wayside, Bonilla Zizumbo said. Nurture your professional relationshipsNetworking is another thing that can fall by the wayside when we make work our whole lives, Bonilla Zizumbo said.

The White House will likely appoint Federal Reserve Vice Chair Lael Brainard to run the National Economic Council and Jared Bernstein to lead the Council of Economic Advisers, sources familiar with the matter tell CNBC. The appointments are expected to be announced after incoming White House Chief of Staff Jeff Zients assumes his role, as soon as next week. Bernstein is a member of the board he is expected to head, the White House Council of Economic Advisers. The White House is holding a ceremony on Wednesday to thank outgoing White House Chief of Staff Ron Klain and welcome Zients to the position. Current White House NEC Director Brian Deese is expected to depart imminently, sources said.

☆ Tech is a good place to look for investors with a long-term horizon, says Defiance ETFs CEO
▼ + stars: | 2023-01-30 | 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 EmailTech is a good place to look for investors with a long-term horizon, says Defiance ETFs CEOSylvia Jablonski, Defiance ETFs CEO, and Mike Contopoulos, RMichael Contopoulos, director of fixed Income at Richard Bernstein Advisors, join 'Squawk Box' to discuss whether the U.S. economy will avoid a recession, what got priced in going into the new year, and more.

☆ Layoffs at Google, Microsoft, Salesforce Teaching Tech Employees a Harsh Lesson
▼ + stars: | 2023-01-29 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +14 min

Tech workers are using all sorts of emotional phrases to describe the layoff wave that has gripped the industry and become the talk of the business world. "I'm shocked and hurt and still processing," Katie Olaskiewicz, a former human-truths strategist at Google, wrote on LinkedIn last week shortly after 12,000 Google employees were let go. Over the past two weeks, a total of 40,000 employees have been laid off from Amazon, Microsoft, and Google, a nightmare come true for tech workers. The tech layoffs have been starkly different from Wall Street, which has in recent months instituted its own rounds of job cuts. Wall Street realitiesIn many ways, tech workers are waking up to a reality that their peers in other high-flying industries have always known.

☆ White House Considers Fed Vice Chair for Role as Biden’s Top Economic Adviser
▼ + stars: | 2023-01-25 | by ( Andrew Restuccia | Ken Thomas | ) www.wsj.com time to read: 1 min

WASHINGTON—President Biden is considering Fed Vice Chair Lael Brainard as the next head of the National Economic Council, according to administration officials and others familiar with the matter. A final decision hasn’t been made, the officials said, adding that Mr. Biden is in the process of conducting interviews. Several other contenders are under discussion for the key economic policy-making role, the officials said, including Sylvia Mathews Burwell , who led the Office of Management and Budget and the Health and Human Services Department during the Obama administration. Ms. Burwell has been the president of American University since 2017.

☆ Fed's Lael Brainard among leading contenders for top White House economic post
▼ + stars: | 2023-01-25 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Lael Brainard, vice chair of the US Federal Reserve, listens to a question during an interview in Washington, DC, US, on Monday, Nov. 14, 2022. Federal Reserve Vice Chair Lael Brainard is a top candidate to take the most important economic position in the White House. Biden named Brainard vice chair at the Fed in 2022; she also was considered as a possible successor to Fed Chair Jerome Powell, whom Biden reappointed last year. Brainard is one of multiple candidates being considered and interviews for the position are continuing, according to a White House spokesman familiar with the matter. For her part, Brainard could garner support from progressives who are in favor of strong bank regulation and easier monetary policy.

President Joe Biden is searching for a replacement for National Economic Council (NEC) Director Brian Deese, who is expected to leave soon. Interviews are still ongoing to replace him, according to the sources who declined to discuss an ongoing personnel process. Biden's team is also starting to craft an economic message for his expected 2024 re-election campaign. But reducing high inflation became the administration's top economic priority last year as rising costs began to anger voters. She previously served as the Treasury's point person on international affairs during the Obama administration.

☆ Candidates to become top Biden economist include Fed Vice Chair Lael Brainard, Treasury official Wally Adeyemo
▼ + stars: | 2023-01-25 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

The process to replace Deese as head of the powerful National Economic Council remains ongoing and the situation is fluid, the person said. The Washington Post first reported the leading candidates to replace Deese. Brainard was viewed as a leading contender to become Fed chair before Biden ultimately decided to renominate Jerome Powell. Brainard, a former Treasury official in the Obama administration and a Fed governor since 2014, was instead elevated to vice chair, the central bank’s No. U.S. Deputy Treasury Secretary Wally Adeyemo on October 13, 2022 in Washington, DC.

Alphabet Inc (GOOGL.O) was the latest to join the list as it said it was cutting 12,000 jobs on Friday. "And we already have some insight into that because a lot of them have been coming out with massive layoffs." ET, Dow e-minis were down 10 points, or 0.03%, S&P 500 e-minis were up 9 points, or 0.23%, and Nasdaq 100 e-minis were up 77.25 points, or 0.68%. The S&P 500 (.SPX) has lost 2.5% so far in the week and the Nasdaq (.IXIC) is down more than 2%. Also on the radar are comments from Philadelphia Fed President Patrick Harker and Fed Governor Christopher Waller.

Alphabet Inc (GOOGL.O) was the latest to join the list as it said it was cutting 12,000 jobs on Friday. The gains made communication services stocks (.SPLRCL) the top gainer among major S&P 500 sectors, climbing 2.7%, with information technology (.SPLRCT) in tow, helped by a 1.6% rise in Microsoft Corp (MSFT.O). Analysts now expect year-over-year earnings from S&P 500 companies to decline 2.9% for the fourth quarter, according to Refinitiv data, compared with a 1.6% decline in the beginning of the year. Weighing on the S&P 500, Eli Lilly & Co fell 1.7% after the U.S. health regulator rejected the accelerated approval of its Alzheimer's drug. The S&P index recorded no new 52-week high and four new lows, while the Nasdaq recorded 35 new highs and 13 new lows.

☆ Bitcoin has climbed more than 10% this week, outperforming stocks
▼ + stars: | 2023-01-20 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Cryptocurrencies rose this week even as U.S. equities briefly retreated from their new year rally and a major crypto lender submitted a long awaited bankruptcy filing. Bitcoin was last higher by about 12% for the week, according to Coin Metrics, while ether has risen 14%. The S&P 500 and Doe Jones Industrial Average were last down 0.9% and 2.9%, respectively, for the week. Bitcoin and ether rose 2.73% and 2.15%, respectively, in the same four-day period. "Bitcoin seems to be trading along with the Nasdaq and risk assets again, after the past months of decoupling," said Sylvia Jablonski, CEO and chief investment officer at Defiance ETFs.

Ontario has some private healthcare providers but they are a small part of the health system and provide relatively few public surgeries. Critics worry sharply expanding their footprint will take staff from the pool of public health workers. In 2021, the Commonwealth Fund ranked Canada's health system tenth out of 11 rich countries. Ontario's government said it is following the lead of provinces such as Alberta, which contracts with private providers and said last fall it will fund more surgeries in private clinics. No one disputes Ontario's health system faces serious challenges.

TORONTO, Jan 16 (Reuters) - Canada's most populous province, Ontario, plans to significantly expand its use of private providers to perform public health services, the premier said on Monday, in a bid to deal with backlogs and delays in a healthcare system strained by the coronavirus pandemic. Nova Scotia Premier Tim Houston told Global News on Sunday that Canada’s healthcare system is "on the ropes." Canada's publicly-funded healthcare system has in the past been seen by some as a model system. But critics and public health advocates have argued expanding the use of private providers is a step towards privatizing the public health system and risks cannibalizing a healthcare workforce already facing a shortage. The Ford government has said it has no plans to privatize the healthcare system.

Shifts in tones at big banks suggest they are warming up to Chinese equities, especially as the strong returns so far and the fear of missing out on more gains start to apply pressure. "This is still a long path and we remain very bullish on Chinese equities ...and also the currency," he said. "When the market goes up, naturally that will attract international investors to look at China again," said Nicholas Yeo, head of China equities at abrdn. Foreign investors bought a net 41 billion yuan ($6.06 billion) of China stocks via the China-Hong Kong Stock Connect Scheme so far this year, compared with 90 billion yuan of China stocks bought in all of 2022. They bought a net 35 billion yuan of China stocks in December.

☆ Fed action and corporate profits could bring markets out of bear territory, says Defiance ETF's Jablonski
▼ + stars: | 2023-01-03 | 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 EmailFed action and corporate profits could bring markets out of bear territory, says Defiance ETF's JablonskiSylvia Jablonski, Defiance ETFs CEO and CIO, joins 'Squawk Box' to discuss the market outlook for this year, how long market toughness will last and more.

☆ A simple reason why stocks are off to a good start: History shows the S&P rebounds after down years
▼ + stars: | 2023-01-03 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

There's a simple reason why sentiment is bullish in the market Tuesday with little fresh news or data for investors to evaluate: History shows the S & P 500 tends to bounce — often significantly — after down years. A look at the data since World War II shows when the S & P 500 declines more than 1% in a single year, it rebounds on average by 15% in the next year. Some investors think we could be in a similar period, where the Covid inflationary excesses need multiple years to be worked off. Plus, the market since the 1940s has never bottomed before an official recession hits . Many investors see the market unwinding to the lows again as an official recession takes hold this year.

☆ Watch CNBC's full interview with Defiance ETF's Sylvia Jablonski
▼ + stars: | 2023-01-03 | 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 EmailWatch CNBC's full interview with Defiance ETF's Sylvia JablonskiSylvia Jablonski, Defiance ETFs CEO and CIO, joins 'Squawk Box' to discuss the market outlook for this year, how long market toughness will last and more.

☆ Final farewell: From Sidney Poitier to Pope Emeritus Benedict a look back at the influential figures who died in 2022
▼ + stars: | 2023-01-01 | by ( Associated Press | ) www.nbcnews.com time to read: +55 min

Other world leaders who died in 2022 include former Soviet leader Mikhail Gorbachev, who died in August. The final days of 2022 saw the loss of some exceptionally notable figures, including Pope Emeritus Benedict XVI. Here is a roll call of some influential figures who died in 2022 (cause of death cited for younger people, if available):___JANUARY___Dan Reeves, 77. A Cuban-born artist whose radiant color palette and geometric paintings were overlooked for decades before the art world took notice. A prolific character actor best known for playing villains and tough guys in “The Manchurian Candidate,” “Ocean’s Eleven” and other films.

☆ Several children die in stampede in Uganda at New Year's Eve celebration
▼ + stars: | 2023-01-01 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +2 min

A stampede occurred at a New Years concert and fireworks display in Uganda. Witnesses say the event occurred when people rushed down stairs to get off a platform. Nine people died during a stampede at a concert and fireworks celebration Saturday in Kampala, the country's largest city, the BBC reported. Sylvia Nakalema, a witness who got caught in the stampede, told The Guardian, that the fireworks show turned deadly when viewers descended stairs from a platform where they had been watching. One in Seoul, South Korea, during a Halloween celebration in the city left 150 dead.

☆ This is one of the best valuations in tech stocks we've seen in a decade, says Defiance ETFs CEO
▼ + stars: | 2022-12-27 | 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 EmailThis is one of the best valuations in tech stocks we've seen in a decade, says Defiance ETFs CEOSylvia Jablonski, CEO and chief investment officer of Defiance ETFs, and Aoifinn Devitt, CIO at Moneta, join CNBC's 'Squawk Box' to provide their market outlooks and potential investment strategies ahead of the open.

☆ Top talkers: These 20 lawmakers spoke the most on the House and Senate floors during the 117th Congress, including Rep. Buddy Carter and Sen. Marsha Blackburn
▼ + stars: | 2022-12-26 | by ( Nicole Gaudiano | Oma Seddiq | ) www.businessinsider.com time to read: +6 min

Some lawmakers delivered dozens of floor speeches during the 117th Congress, C-SPAN's tracking showed. Most members don't usually hang out on the House or Senate floor to hear their colleagues' speeches. These House members spoke the most on the House floor during the 117th Congress. "It is my duty to use the House Floor as a vehicle to share their views, needs, and successes. That's because the Senate floor is typically where leaders make announcements to their members on legislation and nominations, among other topics.

☆ A weak economy will test consumers' wanderlust, but these stocks could prove resilient in 2023
▼ + stars: | 2022-12-20 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

The U.S. Travel Association anticipates domestic leisure travel demand will hold up, although growth may be a bit slower in 2023. The stock has an average analyst rating of buy and 47% upside to the average price target, according to FactSet. Marriott has an average analyst rating of overweight and 13.5% upside to the average analyst price target, per FactSet. Norwegian has an average analyst rating of overweight and nearly 27% upside to the average analyst price target, while Royal Caribbean has an average analyst rating of overweight and about 24% upside to its average price target. However, Carnival has an average analyst rating of hold and 24% upside to the average price target.

☆ Stocks remain 'place to be' looking beyond 2023, says Sylvia Jablonski
▼ + stars: | 2022-12-19 | 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 EmailStocks remain 'place to be' looking beyond 2023, says Sylvia JablonskiSylvia Jablonski, CEO and chief investment officer of Defiance ETFs, and Lisa Erickson, head of the U.S. Bank Wealth Management public markets group, join CNBC’s ‘Squawk Box’ to discuss the impact of inflation on the economy, the probability of recession, and more.

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