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☆ I worked at a popular hotel chain for 3 years. Here are 10 common mistakes I saw guests make.
▼ + stars: | 2024-03-06 | by ( Dani Quesnel | ) www.businessinsider.com time to read: +8 min

Read previewI worked at a hotel chain that was always busy — during peak tourist season, we were sold out most nights. Companies like Marriott, Hilton, Choice Hotels, and IHG have thousands of hotels worldwide that you can earn points to redeem for free hotel rooms and gift cards at popular retailers. AdvertisementTrying to use someone else's credit cardYou need a credit card to check in, and it should ideally be your own. Monkey Business Images/ShutterstockHotels only allow you to use someone else's credit card if the card owner has provided the hotel with a credit-card-authorization form. AdvertisementShowing up without a credit card or IDHaving an ID is crucial for a smooth check-in process.

Persons: —, you've, I've, That's, Marriott, Justin Sullivan, there's, I'm, John Smith's, John Smith, they've Organizations: Service, Business, Companies, Marriott, Hilton, Choice, Getty Locations: It's

☆ This financial move should be a 'last resort,' says CFP—but 1 in 5 workers has done it
▼ + stars: | 2024-03-04 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

In fact, about 1 in 5 workers have borrowed or withdrawn money from retirement accounts, according to a recent survey from SoFi. In a narrow set of circumstances, it can be a smart financial move, says Jared Friedman, a certified financial planner and partner at Redwood Financial Planning in Scotch Plains, New Jersey. How 401(k) loans workThe specifics of a 401(k) loan will vary from employer to employer, but here's how they generally work. Like most loans, you'll be charged a rate of interest. And while money in your 401(k) is put in pre-tax, the money you pay back is in post-tax dollars.

Persons: doesn't, Anne Lester, Jared Friedman, Friedman, you'll, haven't Organizations: CNBC, Redwood Financial Locations: SoFi, Scotch Plains , New Jersey

☆ Haley Is Still Struggling to Deal With Trump’s Grip on Their Party
▼ + stars: | 2024-03-04 | by ( Jazmine Ulloa | ) www.nytimes.com time to read: +1 min

Ms. Haley has suggested that the Republican National Committee is at risk of becoming his “legal slush fund” for the four criminal cases he is facing. She has sounded the alarm over losses Republicans have incurred up and down the ballot, with candidates championed by Mr. Trump. And she has even hedged her responses on whether she would endorse the Republican nominee if he wins. “We are in a ship with a hole in it — that hole is Donald Trump,” she declared Wednesday to loud cheers at a performing arts theater near Salt Lake City. This new approach is a sharp turn from the more calibrated tone she employed for most of the Republican nominating contest.

Persons: Nikki Haley, Donald J, Trump, Haley, “, Donald Trump, ” Organizations: Republican Party, Republican National, Mr, Republican, United Nations Locations: Salt Lake City

☆ Deutsche Bank's 3-day-a-week return-to-office policy has been met with fierce criticism by staff who say there isn't enough space for everyone
▼ + stars: | 2024-02-28 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Deutsche Bank staff have criticized the company's new return-to-office policies. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "There's enormous resistance among staff," Stephan Szukalski, the head of the labor union DBV, which represents Deutsche Bank staff, told Bloomberg via email. Szukalski, who is also part of the bank's supervisory board, said there isn't enough office space and that staff are already complaining about bottlenecks. The spokesperson told BI: "The bank remains committed to our hybrid working model, which has been received extremely positively by staff.

Persons: —, Christian, Rebecca Short, Stephan Szukalski, Szukalski, EY, Dan Schawbel, Nicholas Bloom Organizations: Deutsche Bank, Staff, Service, Bloomberg, Business, DBV, Google, General Motors, SAP, Stanford Locations: Germany

☆ I've been on 50 cruises. Here are 5 things I never buy on the ships.
▼ + stars: | 2024-02-27 | by ( Megan Dubois | ) www.businessinsider.com time to read: 1 min

I never buy drink packages since I don't drink enough to get my money’s worth. I like to have a nice cocktail or two, but I don't drink enough for a whole package. Megan duBoisMost of the major cruise lines, like Carnival and Royal Caribbean, offer drink packages. Plus, the packages really vary across companies — some cruise lines give you 15 drinks a day while others have unlimited options. Unfortunately, on every cruise I've been on, everyone (of legal drinking age) in the same stateroom has to make the same decision on drink packages.

Persons: Megan duBois Organizations: Royal Locations: Royal Caribbean

☆ God's Man in Washington
▼ + stars: | 2024-02-27 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +34 min

Trump's departure from the White House hasn't stopped him from using the old administration's star power to fuel Capitol Ministries' growth. But regardless of what happens this coming November, Capitol Ministries is quickly becoming the face of American GOP-style evangelicalism around the world. Other than Ralph's wife, Danielle, and a few members of Capitol Ministries' administrative staff, the room was almost entirely men. Rick Perry spoke to Drollinger at Capitol Ministries' global summit in Washington, DC. And yet, on the question of whether and why to support Israel, Drollinger was indeed looking to Revelation for answers.

Persons: Cheyne, —, He'd, Christ, Rick Perry, Cheriss, Trump, Mike Johnson —, Ralph Drollinger, Drollinger, Alex Acosta, Perry, Acosta, Mike Pompeo, Betsy DeVos, Sonny Perdue, Ben Carson, Jeff Sessions, hasn't, Danielle, you've, Donald Trump, Capitol Ministries doesn't, Samson, Matthew, didn't, Volodymyr Zelenskyy, Rick, I'm, Ralph Drollinger's, Daniel Ortega, Ralph, he'd, Washington —, Ortega, Douglas Coe, Maria Butina, Joe Biden, forbearance, Bruce Westerman, Bruce Westerman of, Glenn, Thompson, George Washington, Fame, Mike Johnson, Benjamin Netanyahu, Johnson, Washington, Moses, I've, Westerman, I'd, Netanyahu, God, that's, he's, we're, That's, Israel, King David, wilder, MAGA, David Barton, WallBuilders, doesn't, George W, Bush, Donald Trump's, Mattathias Schwartz Organizations: Hill Club, Business, Israel, Mmm, Christ, Capitol Ministries, Capitol Hill, Capitol Ministries Bible, Trump Cabinet, BI, GOP, Capitol, White, Capitol Ministries ', Trump, NBA, of Energy, Trump's, American GOP, Pacific, BI Drollinger, Capitol Hill Club, Washington Hilton, Senate, Training, Liberty, Gettysburg, Capitol Ministry, NPR, United States Congress, Washington Bible, Republican, Democratic, Times, Wall Street Journal, Brown University Locations: Washington , DC, Arkansas, Hebrew, Israel, Gaza, Egypt, United States, Texas, Washington, Seoul, Kathmandu, Iowa, Rwanda, Ukraine, Washington ,, Drollinger, Nicaragua, California, Nicaraguan, Bruce Westerman of Arkansas, Pennsylvania, Philadelphia, schwartz79@protonmail.com

☆ Your home sale may leave you in a tax shock. Here's how to reduce your capital gains tax bill
▼ + stars: | 2024-02-24 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Those gains could trigger a tax bill this season, depending on the size of the windfall, experts say. In 2023, home sellers made a $121,000 profit on the typical median-priced single-family home, according to ATTOM, a nationwide property database. Still, "the tax laws were written to encourage homeownership," and many sellers qualify for a tax break, Ringbauer said. Single homeowners can shield up to $250,000 of home sales profit from capital gains taxes and married couples filing jointly can exclude up to $500,000, provided they meet IRS eligibility. Who qualifies for the capital gains exemptionsThere are strict rules to qualify for the $250,000 or $500,000 capital gains exclusions, Ringbauer warned.

Persons: Witthaya, Miklos Ringbauer, Ringbauer, you've, There's, Assunta McLane Organizations: Summit Place Financial Locations: Los Angeles, Summit , New Jersey

☆ Kim Jong Un has broken with decades of North Korean policy – does it mean he’s planning for war?
▼ + stars: | 2024-02-16 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +14 min

The two sides have been cut off from each other since 1953, when an armistice ended the Korean War, and remain technically at war. Yoon and Biden have sharpened their countries’ deterrence plans and coordination in the face of North Korea’s threats and weapons development. If anything, some analysts believe, North Korea’s public statements signal that North Korea is abandoning its reunification policy in pursuit of peace on the peninsula. Vladimir Smirnov/AFP/Getty ImagesAn ‘emboldened’ KimThe North Korean leader may also feel more confident about his arsenal and his options as he watches a shifting global landscape. “Kim Jong Un is wary of a full-scale provocation by the South Korean military disguised as a military exercise and has vowed to occupy South Korean territory without hesitation,” said Lim in Changwon.

Persons: Kim Jong, South Korea –, ” Kim, ”, Kim, ’, Robert Carlin, Siegfred Heckler, Chul Lim, “, Joe Biden, Donald Trump, Edward Howell, Yoon Suk Yeol, Ayse, ” He’s, Yoon, Biden, Seoul . Kim, Trump, Lim, “ That’s, Kim Jong Un, Vladimir Putin, Vladimir Smirnov, ’ Kim, “ Kim Jong, …, Rachel Minyoung Lee, Howell, “ Kim Jong Un, Lee, Japan – Organizations: CNN, South, Korean Central News Agency, Reuters, North Korea Research Center, University’s Institute, Far Eastern, University of Oxford, Japan, Ewha Womans University, US, North, Russia's Vostochny, Getty, Stimson, –, White, United Nations Security Council, West, South Korean Defense Ministry, ”, Trump, North Korean Locations: Ukraine, Gaza, North Korea, South Korea, Korea, Republic of Korea, Kim, Washington, Seoul, Tokyo, United States, Korea’s, Changwon, Pyongyang, Russia, United Kingdom, Japan, Guam, Gon, Seoul ., Russian, Russia's, China, Iran, denuclearization, Western, North, Moscow, Beijing, Oxford, Jeju, South, “

☆ Celebrities are paid a shocking amount for 30-second Super Bowl ads
▼ + stars: | 2024-02-09 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +8 min

Los Angeles CNN —After Ben Affleck appeared as a Dunkin’ drive-thru worker in a Super Bowl commercial last year, the breakfast chain’s sales exploded. “They sold more donuts the next day than any other day in their history,” an individual close to the Dunkin’ Super Bowl campaign told CNN. Affleck was paid close to $10 million dollars for last year’s Dunkin’ Super Bowl commercial, three sources with knowledge of the partnership told CNN. It’s rare for someone that you think of as a true movie star to be paid less than a million.”Most Super Bowl shoots are usually one to two days, the agent added. Even though we’ve got over 30 celebrities in the Super Bowl this year, we had over 70 offers.

Persons: Ben Affleck, Dunkin, “, Affleck, ” Scott Murphy, Dunkin ’, Affleck’s Dunkin, Matt Damon, Larry David, Sam Bankman, David, Michael Lewis, Jennifer Aniston, ”, David Schwimmer, Uber, Chris Pratt, Pringles, Jason Momoa, Martin Scorsese, Tim Curtis, Peter DeLuca, Zach Braff, Donald Faison, John Travolta, Jennifer Beals, Tina Fey, John Cena, Usher, it’s, we’ve, Curtis, ” Curtis, “ You’ve, —, Aniston, Schwimmer, Jelly Roll, David Beckham Organizations: Los Angeles CNN, Bowl, “, CNN, Boston, Equity, Eastern Congo Initiative, Artists Equity, Super, Hollywood, WME, Mobile, Super Bowl, BMW, CBS Locations: Hollywood, Victoria

COLUMBIA, S.C. (AP) — Nikki Haley is launching a bus tour before South Carolina's Republican presidential primary on Feb. 24, hoping the two-week push will show the former governor's commitment to her home state heading into the first-in-the-South vote. Haley's bus tour kicks off Saturday, with its first stops planned in Newberry, Greenwood, Lexington and Orangeburg counties. The tour is aiming to ramp up interest in South Carolina's early-voting period, which begins Monday, according to Haley's campaign. It's also a complement to her repeated critiques of Trump for not spending time in the state, as she's crisscrossed it, holding nearly a dozen campaign events across South Carolina in the past two weeks. She's poked fun at Trump for declining to debate her, a tack also taken by a super political action committee supporting her bid.

Persons: — Nikki Haley, Donald Trump, Haley, It's, Trump, Conway, Nancy Mace, Russell Fry, William Timmons, she's, She's, Meg Kinnard Organizations: COLUMBIA, South, Republican, GOP, Trump, Reps, United Nations Locations: Newberry , Greenwood, Lexington, Orangeburg, Bamberg, Clemson, South, South Carolina, Conway —, Myrtle Beach

☆ Hertz halts plan to buy 65,000 electric cars amid EV slump
▼ + stars: | 2024-02-06 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

The rental car giant is pausing plans to buy 65,000 electric cars from EV pioneer Polestar, according to comments made by Polestar CEO Thomas Ingenlath in an interview with The Financial Times . Hertz's estimated $3 billion agreement with up-and-coming EV maker Polestar in 2022 was seen as a major moment for electric vehicle adoption. AdvertisementIt came after Hertz struck a similar deal with Tesla and agreed to buy 100,000 of its EVs in 2021. However, since then the global EV market has stalled , with demand for electric cars slumping and major automakers rolling back some of their investments . AdvertisementThe company said in January it plans to sell 20,000 EVs from its fleet , including Teslas, Chevrolet Bolts, and Volvos.

Persons: Hertz, Thomas Ingenlath, Tesla, Elon, Ingenlath, Stephen Scherr, Polestar, Mary Barra Organizations: Financial Times, Polestar, Hertz, Teslas, Chevrolet Bolts, Volvo, Swedish, General Motors, Business

☆ Dollar poised for weekly decline; US jobs data up next
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: +4 min

The dollar index was last at 103.02 and on track for its first weekly decline for the year. The New Zealand dollar rose 0.07% to $0.6149 and was on track for a weekly rise of nearly 1%, its best performance in over a month. It was poised for a weekly gain of nearly 1.3%, its best week in over a month. That highlighted a growing view within the board that conditions were falling in place to soon pull short-term interest rates out of negative territory, which would be Japan's first interest rate hike since 2007. Data on Thursday showed euro zone inflation eased as expected last month but underlying price pressures fell less than forecast, likely boosting the European Central Bank's argument that rate cuts should not be rushed.

Persons: Jerome Powell, Ray Attrill, Raf Choudhury, BoE, Thierry Wizman Organizations: Federal Reserve, New Zealand, National Australia Bank, Friday's, Analysts, Bank of Japan's, Bank of England, Monetary, European Locations: Abrdn, U.S

☆ Donald Trump claims he's responsible for stocks hitting record highs
▼ + stars: | 2024-01-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Donald Trump claimed credit for the stock market's surge to record highs this month. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "THIS IS THE TRUMP STOCK MARKET," Trump said in a Truth Social post on Monday. The benchmark S&P 500, tech-heavy Nasdaq Composite, and venerable Dow Jones Industrial Average have notched record highs in recent days. AdvertisementTrump is presumably aware of the key drivers fueling the stock market's advance, and knows they probably don't include his possible reelection.

Persons: Donald Trump, Trump, Biden, —, Joe Biden, you've, Stocks, joblessness, Bob Michele, Ray Dalio, Jamie Dimon Organizations: Service, TRUMP, BIDEN, WIN, Nasdaq, Dow Jones, Reserve

☆ One activist investor is taking on BP, urging the oil giant to scale back green pledges
▼ + stars: | 2024-01-30 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

And on that front, we are not asking BP to renege on its strategy, but to adapt its strategy to the reality." Auchincloss has since been appointed as permanent CEO of the British oil and gas major. In response to the publication of the letter, a spokesperson for BP said the company "welcomes constructive engagement" with its shareholders. We continue to make significant progress, remain focused on delivery, and are confident the strategy will grow the value of bp and deliver sustainable long-term value for shareholders," BP said. Bivona declined to disclose Bluebell's stake in BP, saying that it was below a reporting threshold.

Persons: Giuseppe Bivona, Bivona, CNBC's, Bivone, Marco Taricco, Helge Lund, Murray Auchincloss, Auchincloss Organizations: Capital Partners, BP, Financial, Danone Locations: Bluebell, London

☆ Trump poses dilemma for Senate GOP leaders after years of battling with McConnell
▼ + stars: | 2024-01-28 | by ( Manu Raju | Melanie Zanona | ) edition.cnn.com time to read: +11 min

Watch CNN’s coverage of Senate GOP leadership and Donald Trump on ‘Inside Politics Sunday with Manu Raju’ at 11 a.m. Senate GOP Leader Mitch McConnell hasn’t spoken to Trump in more than three years and tries to avoid uttering his name in public. As Trump steamrolls to the nomination, there are ample questions in GOP circles about how – and whether – Trump can rebuild Senate alliances that were critical in his first term but are nonexistent now. But Mullin said that the next Senate GOP leader and Trump need to move past the bad blood if they take back the majority and the White House. Asked last week if he could work with Trump as president, Thune said: “We can work with everybody.”Pressed again if he could do so as GOP leader, Thune said: “Well, that’s a hypothetical.”And the elevator doors closed.

Persons: Donald Trump, Manu Raju ’, Mike Johnson, Donald Trump ., Mitch McConnell hasn’t, John Thune of, hasn’t, Trump, “, ”, Texas Sen, John Cornyn –, McConnell, – Sen, John Barrasso, Kari Lake, Bernie Moreno, – Trump, –, there’s, Sen, J.D, Vance, Mitch McConnell, Chip Somodevilla, Johns, he’s, Rick Scott, Scott, —, Markwayne Mullin, Mullin, ” Mullin, they’re, ” Sen, Marco Rubio, Nikki Haley, Haley, Kevin Cramer, Mitch, Thom Tillis, Tillis, Josh Hawley, ” Hawley, Trump’s, Elaine Chao, ” McConnell, John Thune, John Cornyn, J, Scott Applewhite, Cornyn, Joe Biden, ” Cornyn, Barrasso, Joe Biden …, ” Thune, Thune –, Tim Scott of, Thune, CNN’s Morgan Rimmer, Lauren Fox, Christine Park Organizations: GOP, Trump, Team Trump, Republican, Capitol, Trump -, Republicans, Ohio Republican, CNN, Oklahoma Republican, White, Kentucky Republican, North Dakota Republican, North Carolina Republican, New, New Hampshire, Texas, Wyoming –, Thune Locations: New Hampshire, John Thune of South Dakota, Wyoming, Iowa, Arizona, Ohio, Ukraine, Washington ,, Florida, Oklahoma, Marco Rubio of Florida, Josh Hawley of Missouri, Washington, Tim Scott of South Carolina

☆ Big pharma is at a crossroads, as J&J, Merck and others prepare to lose heaps of revenue from blockbuster drugs
▼ + stars: | 2024-01-28 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +12 min

Bristol Myers Squibb's Eliquis is a blood thinner used to prevent clotting, to reduce the risk of stroke. Bristol Myers Squibb's Opdivo is an immunotherapy used to treat cancers, including melanoma and lung cancer. Investors will get updates on Merck and Bristol Myers Squibb's plans for the years ahead when they report earnings on Thursday and Friday, respectively. That's unlike generics, which are cheaper copycats of small-molecule drugs like Bristol Myers Squibb's Eliquis. Bristol Myers Squibb is also testing a new form of Opdivo, which is currently administered into a patient's veins.

Persons: Johnson, William Blair, Matt Phipps, Bristol Myers, Johnson's, Merck's Keytruda, J's Stelara, Opdivo, Phipps, biosimilars, Eliquis, Biosimilars, Humira, JB Reed, Samsung's, Piper Sandler, Christopher Raymond, AbbVie, Raymond, Chris Schott, Schott, Robert Davis, Keytruda, Davis, JPMorgan's Schott, Bristol Myers Squibb, George Frey, J, Amgen, J confidentially, Mike Perrone, It's, Anna Moneymaker Organizations: New York Stock Exchange, Johnson, NYSE Big, Bristol Myers Squibb, Merck, Biden, William Blair & Company, CNBC, Guggenheim, Bristol, Leerink Partners, Bloomberg, Getty, Bioepis, JPMorgan, JPMorgan Health Care, Moderna, Bristol Myers, Karuna Therapeutics, Hardy, Huntsman Cancer Institute, University of Utah, Reuters, Teva Pharmaceuticals, Pharma, U.S . Department of Health, Human Services Locations: drugmakers, EY, Europe, U.S, Cambridge , Massachusetts, Arda, EY's Americas, Bristol, Salt Lake City , Utah, Washington , DC

☆ Opinion | How ‘Killers of the Flower Moon’ Presses Up Against the Limits of Empathy
▼ + stars: | 2024-01-25 | by ( Maggie Blackhawk | ) www.nytimes.com time to read: +3 min

Mr. Scorsese takes a different tack. Rather than aim for moral development of the audience through empathy for Osage suffering, he focuses on Ernest Burkhart. Ernest is the paradigmatic wolf, just as Mr. DiCaprio has played other wolves throughout his career, on Wall Street and elsewhere. Mr. Burkhart acts on simple, underdeveloped moral principles — and often not exactly out of malice, but self-interest. Mr. Burkhart is driven by base desires — financial gain and other perquisites of power — toward horrific acts against his own family.

Persons: Scorsese, Mollie Burkhart, Ernest Burkhart, Ernest, DiCaprio, Burkhart, Scorsese’s, — Hobbes, Machiavelli, Hannah Arendt, Emmanuel Levinas, Arendt, Levinas, Vine Deloria Organizations: United, Osage, American Samoa Locations: United States, Osage Nation of Oklahoma, Puerto Rico, Hawaii, Guam, American

☆ Is Kim Jong-un Really Planning an Attack This Time?
▼ + stars: | 2024-01-21 | by ( Choe Sang-Hun | More About Choe Sang-Hun | ) www.nytimes.com time to read: +1 min

Two veteran analysts of North Korea — the former State Department official Robert L. Carlin and the nuclear scientist Siegfried S. Hecker — sounded an alarm this past week in an article for the U.S.-based website 38 North, asserting that Mr. Kim was done with mere threats. “Kim Jong-un has made a strategic decision to go to war,” they wrote. But there is still stark disagreement over where Mr. Kim’s new tack might be leading. “The North Koreans won’t start a war unless they decide to become suicidal; they know too well that they cannot win the war,” said Park Won-gon, a North Korea expert at Ewha Womans University in Seoul. “But they would love their enemies to believe that they could, because that could lead to engagement and possible concessions, like the easing of sanctions.”

Persons: Robert L, Carlin, Siegfried S, Hecker —, Mr, Kim, “ Kim Jong, ”, Donald J, Kim’s Organizations: North, State Department, U.S, Trump, Koreans, Ewha Womans University Locations: North Korea, Korea, Russia, Ukraine, South Korea, United States, Seoul

☆ Fani Willis Affair Claims Are Nothing More Than Bad Optics: Experts
▼ + stars: | 2024-01-19 | by ( Associated Press | Natalie Musumeci | ) www.businessinsider.com time to read: +11 min

Allegations have surfaced of an affair between Fulton County DA Fani Willis and an attorney she hired. AdvertisementFulton County District Attorney Fani Willis hired attorney Nathan Wade to lead the Georgia prosecution of Donald Trump and 18 others over efforts to overturn the 2020 election. The lawyer is seeking to get the indictment tossed and to remove Willis and Wade from the case. Outside of any effect on this case, Willis, an elected Democrat, is up for reelection this year, and this could become a campaign issue depending on how she ultimately responds. Records show Wade billed for what he described as "travel to Athens; conf with White House Counsel" in May 2022.

Persons: Fani Willis, Nathan Wade, Willis, Donald Trump, —, Wade, Wade —, Trump, vies, it's, Rahmani, Anthony Michael Kreis, Ashleigh Merchant, Michael Roman, Merchant, unseal, Joycelyn Wade, Joycelyn, Jeff DiSantis, John Floyd, Anna Cross, Wade's, Thurbert Baker, Baker, It's, Neil Warren, foreperson, Georgia —, There's, Peter Strzok, Robert James, that's, I've, James Organizations: Service, Trump, West, Trial, Georgia State University, Associated Press, White, Caribbean, AP, Defense, White House, Records, DC Locations: Fulton County, Georgia, Napa Valley , Florida, Caribbean, Wade's, San Francisco, Belize, Panama, Australia, Miami, Cobb County, Athens, Russia, DeKalb County , Georgia

☆ Some options trades for avoiding an asset bubble and other macroeconomic troubles
▼ + stars: | 2024-01-11 | by ( Michael Khouw | ) www.cnbc.com time to read: +9 min

There are some trades for investors looking to avoid a possible asset bubble and other potholes that could be ahead. The standard 30-year fixed mortgage rate rose even further, a function of both the rising risk-free rate and the rising spread. Buying bonds has interest rate risk. Moreover, the spread between mortgage rates and Treasuries is unusually high. Risk-free rates stay static or even rise mildly, but if the spread narrows mortgage rates could fall, a tailwind for a mortgage portfolio.

Persons: There's, Murray Rothbard, Milton Friedman, Ben Bernanke, Bernanke's, Janet Yellen, Jerome Powell, Howard Marks, Charlie Munger, Berkshire Hathaway, Marks, Steve Eisman, Neuberger Berman, they've Organizations: Federal Reserve, Fed, Federal Reserve Bank, Vanguard Value, Technology, MBS Locations: U.S, deflate, Berkshire

☆ Sanofi CEO under pressure to woo investors after spending shock
▼ + stars: | 2023-12-05 | by ( Ludwig Burger | ) www.reuters.com time to read: +5 min

[1/2] Paul Hudson, chief executive officer of Sanofi, speaks during the annual results news conference at the company's headquarters in Paris, France, February 4, 2022. The market's shock reaction, compounded by a lack of details of the spending push, overshadowed Sanofi's plan to list its consumer unit, in line with an industry trend. David Song, a portfolio manager and investment partner at Tema ETF, said: "The narrative of Sanofi has been a margin expansion, earnings-driven story for a lot of investors." "Shouldn't investors give credit to managements who care about long-term shareholder value creation?," said Song. ($1 = 0.9206 euros)Reporting by Ludwig Burger; Editing by Josephine Mason and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

Persons: Paul Hudson, Sanofi, Benoit Tessier, Hudson, Dan Lyons, Janus Henderson, Markus Manns, David Song, Fabian Wenner, Julius Baer, Union's Manns, Janus Henderson's Lyons, Johnson, Song, Ludwig Burger, Josephine Mason, Emelia Organizations: REUTERS, Reuters, Janus Henderson Investors, Germany's Union Investment, Tema, Thomson Locations: Paris, France, British, Hudson, Denver, Swiss, Tema

A Justice Department lawyer argued that the deal would push fares higher by 30% and leave fewer options for travelers on a budget. Duffy, the Justice Department lawyer, tried to close the door on more divestitures. If Spirit is acquired by JetBlue, Frontier would become the biggest discount carrier in the U.S., followed by Allegiant Air and new entrants Breeze and Avelo. The Justice Department has not indicated whether it will challenge that deal. Spirit agreed to merge with Frontier Airlines, which shares its ultra-low-cost business model, but JetBlue beat Frontier in a bidding war.

Persons: —, Ryan Shores, ”, ” Shores, U.S . Justice Department's, Edward Duffy, Duffy, ” Duffy, William Young, Young, Ronald Reagan, Shores, “, Biden, David Koenig Organizations: BOSTON, JetBlue Airways, U.S, JetBlue, Spirit Airlines, U.S . Justice, Justice, Frontier Airlines, Spirit, New, Justice Department, American Airlines, Frontier, Allegiant Air, Avelo, Alaska Airlines, Hawaiian Airlines, Department, Southwest, AP Locations: ”, Boston, New York City, Fort Lauderdale, Fla, New York, U.S, Sunday, Alaska, Delta, United, Dallas

MP Materials (MP.N), Lynas Rare Earths (LYC.AX) and other Western rare earths companies have struggled at times to deploy it due to technical complexities and pollution concerns. "The existing rare earths refining process is a nightmare," said Isabel Barton, a mining and geological engineering professor at the University of Arizona. Fannon and several U.S. politicians have called for Western governments to create central rare earths processing hubs, a plan already being pursued by Canada. In Saskatchewan, government scientists are working to launch their own rare earths processing technology after attempts to buy Chinese technology sputtered in 2020. "These new sources for rare earths are going to be paramount if we're going to reach global net zero targets," said Steve Schoffstall of the Sprott Energy Transition Materials ETF (SETM.O), which holds shares in several rare earths companies.

Persons: Isabel Barton, Michael Schrider, Ucore, Luisa Moreno, REETec, Robert Fox, Frank Fannon, Mike Crabtree, Crabtree, Steve Schoffstall, Ernest Scheyder, Veronica Brown, Claudia Parsons Organizations: International Energy Agency, University of Arizona, U.S . Air Force, Pentagon, Defense Metals, U.S . Department of Energy's, U.S . Department of Energy's Idaho National Laboratory, Saskatchewan Research Council, SRC, Ucore, Reuters, Thomson Locations: ALEXANDRIA, Louisiana, China, United States, U.S, American, Alaska, of New Orleans, British Columbia, South Africa, Florida, Norway, Massachusetts, U.S . Department of Energy's Idaho, Wyoming, Canada, Saskatchewan

☆ A Florida Gen Xer who met his wife driving for Uber and Lyft details all the reasons he can no longer make a living and what he's doing instead to boost his income
▼ + stars: | 2023-12-02 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

A Gen Xer is transitioning away from driving for Uber and Lyft to start his own travel agency. He's hoping to land more stable gig work so he no longer needs to work 70-80 hours a week. AdvertisementCharles, 43, met his wife while driving for Uber. Charles, who asked to just use his first name to avoid professional repercussions, said while he's met all sorts of cool people over the years through driving, he's struggled to make ends meet. He's also considered a seven-passenger vehicle that could qualify for more expensive Uber rides.

Persons: Uber, He's, —, Charles, he's, I've, he'd, it's Organizations: Service, Uber, Google, Business Locations: Orlando, Pensacola , Florida, Tampa, Florida

☆ Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears
▼ + stars: | 2023-12-01 | by ( Clifford Krauss | More About Clifford Krauss | ) www.nytimes.com time to read: +1 min

“There is a foreign policy dividend in keeping a lid on oil prices,” said David Goldwyn, who was a leading energy diplomat in the Obama administration. Exxon Mobil was kicked out of the Dow Jones industrial average, and some European oil companies announced plans to pivot from fossil fuels to renewables more quickly. While he has supported green energy and battery-powered cars, he has also hectored oil companies to increase production in an effort to drive down prices for consumers. He has approved a large drilling project in Alaska over the objections of environmentalists and a small number of offshore oil and gas permits. Mr. Biden has been under pressure from some Democrats to trumpet gains in oil production as a way of reaching out to voters who are leery of high gas prices.

Persons: ”, David Goldwyn, Obama, Joe Biden, Biden Organizations: Investors, Exxon Mobil, Dow Locations: Alaska

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