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☆ State-run 'auto-IRA' programs aim to close retirement savings gap
▼ + stars: | 2024-01-04 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

They save about $165 a month, on average, said John Scott, director of Pew's retirement savings project. It's unclear how many other companies instead opted to sponsor their own 401(k) plan or other workplace plan. Why states are stepping inThere's a common thread here: A realization that people aren't saving enough for retirement, Scott said. The typical saver age 55 to 64 has just $71,000 of 401(k) savings, according to Vanguard data. Pew estimates that state spending will rise by $334 billion from 2021 to 2040 due to insufficient retirement savings.

Persons: John Scott, Scott, Pew, Washington —, Roth, they've Organizations: Auto, Workers, Trusts, Center for Retirement, Companies, Vanguard, Social Security Locations: Delaware, Hawaii , Maine, Minnesota , Nevada , New Jersey , New York, Vermont, Massachusetts , Missouri, New Mexico, Washington, U.S

In testimony before a House committee, the university leaders said there was a fine line between protecting free speech and allowing protests, while also combatting antisemitism. “Harvard must provide firm leadership in the fight against antisemitism and hate speech even while preserving room for free expression and dissent. This is difficult work, and I admit that we have not always gotten it right,” said Claudine Gay, of Harvard. In recent weeks, the federal government has opened investigations into several universities — including Penn and Harvard — regarding antisemitism and Islamophobia on campus. Rep. Bobby Scott of Virginia, the committee's ranking Democrat, criticized Republicans for “stoking culture wars” while claiming to be combatting discrimination on campus.

Persons: “, ”, Claudine Gay, ” Gay, Liz Magill, Sally Kornbluth, ” Magill, Virginia Foxx, Bobby Scott of Virginia, Scott Organizations: WASHINGTON, Harvard, University of Pennsylvania, Massachusetts Institute of Technology, “ Harvard, Penn, MIT, The Education Department, Education, Workforce, intersectionality, ” Rep, Republicans, Education Department, Civil, “, Associated Press, Carnegie Corporation of New, AP Locations: Israel, North Carolina, Carnegie Corporation of New York

Big-name free agents appear in no hurry to strike deals at the winter meetings, biding time until Shohei Ohtani potentially breaks the record for richest contract set 4 1/2 years ago by Mike Trout. “It's probably a little slower from a conversation standpoint at a winter meetings than it normally would,” New York Mets president of baseball operations David Stearns said Monday. Behind Ohtani in the hitters free-agent pecking order are Cody Bellinger and Matt Chapman, both represented by the sport's biggest agent, Scott Boras. Among starting pitchers, the market includes Blake Snell and Jordan Montgomery, also represented by Boras. “He’s going to make other pitchers better.”___AP Sports Writer Teresa M. Walker contributed to this report.

Persons: ., Shohei, Mike Trout, Yoshinobu Yamamoto, “ It's, ”, David Stearns, hasn't, ” Ohtani, Nez, Cody Bellinger, Matt Chapman, Scott Boras, Blake Snell, Jordan Montgomery, Farhan Zaidi, “, Ross Atkins, Atkins, San Diego, Juan Soto, Jarred Kelenic, Marco Gonzales, Evan White, Cole Phillips, Jackson Kowar, Gonzales, White, Eugenio Suárez, Carlos Vargas, Seby Zavala, Scott Servais, “ That’s, Jackson Chourio, “ There’s, I’m, ” Chourio, Milwaukee, Wade Miley, Pat Murphy, “ He’s, Teresa M, Walker, ___ Organizations: ” New York Mets, Los Angeles Angels, Creative Artists Agency, Gaylord, Convention, Boras, San Francisco Giants, CBA, Blue Jays, San, Atlanta Braves, Seattle Mariners, Atlanta, Seattle, ” Mariners, Brewers Locations: Tenn, Nez Balelo, ” Toronto, Nashville, Seattle, Arizona, Milwaukee

Prescott threw three touchdown passes and the Cowboys won their 14th consecutive home game, rallying to beat the Seahawks 41-35 on Thursday night. But the Dallas defense, ranked third in the league coming in, got fourth-down stops on the Seahawks' final three possessions. The Cowboys kept alive their best home winning streak since an 18-game run at old Texas Stadium from 1979-81. ... RB Kenneth Walker III missed a second consecutive game with an oblique injury. Seattle visits San Francisco in just its second game since the Niners solidified their NFC West lead with a 31-13 victory at the Seahawks.

Persons: Dak Prescott, Prescott, Jake Ferguson, “, Mike McCarthy, Geno Smith, Metcalf, Pete Carroll, what’s, ” Dallas ’ Brandon Aubrey, DaRon Bland, Zach Charbonnet, Ferguson, Cooks, CeeDee Lamb, Smith, ” Prescott, Micah Parsons, Bland, Donovan Wilson, Jaxon Smith, Njigba, Dallas, Tony Pollard's, Julian Love, LB Jordyn Brooks, RB Kenneth Walker III, ___ Organizations: —, Seattle, Dallas Cowboys, T, Cowboys, Seahawks, Dallas, NFC East, Philadelphia, Eagles, NFL, Dallas cornerback, LB, RB, Niners, NFC Locations: ARLINGTON , Texas, D.K, Seattle, San Francisco

☆ Ulta Beauty shares pop as sales climb 6%
▼ + stars: | 2023-11-30 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

Shoppers arrive at an Ulta Beauty store in Las Vegas, Nevada, on May 22, 2023. Shares of Ulta Beauty rose in after-hours trading Thursday, as the company said its third-quarter sales rose while shoppers showed once again they're willing to spend on fragrances, skin care and more even when the budget is tight. The specialty beauty retailer raised the bottom end of its range for full-year sales and earnings expectations. Comparable sales, a metric that tracks Ulta stores open at least 14 months along with online sales, increased 4.5% year over year. Kimbell noted the resilience of the beauty category in nearly every economic environment.

Persons: Dave Kimbell, Ulta, Scott Settersten, Paula Oyibo, Ulta's, Kimbell Locations: Las Vegas , Nevada, LSEG, U.S

☆ Scott Shleifer steered billions into startups for Tiger Global. With his reign now over, the industry wonders what's next.
▼ + stars: | 2023-11-29 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +6 min

Few investors are more emblematic of the no-interest-rate private market frenzy than billionaire Scott Shleifer. Tiger's venture approach in 2020 and 2021 — constantly described as unsustainable by rivals — included maneuvers such as offering start-ups more money than they were asking and emailing founders term sheets after a single meeting. Shleifer's reputation and personal wealth grew with Tiger's venture success. As Tiger was fundraising late last year, investors learned of a $10 million settlement Tiger Global made to a former female employee. At least one Tiger investor was surprised to hear about it from Coleman and not Shleifer himself.

Persons: Scott Shleifer, —, Chase Coleman, Donald Trump's, Michael Gross, Tiger, Bain, John Curtius, Shleifer, Eric Lane, Evan Feinberg, Griffin Schroeder, Coleman, Sarah Samuels, Samuels, Scott, OpenAI's, Sam Altman's, Altman, Paul Graham Organizations: longtime Tiger Global, Business, Tiger, Walmart, The, Washington Post Locations: Florida, India, Flipkart, New York

☆ Stream These 16 Movies Before They Leave Netflix in December
▼ + stars: | 2023-11-29 | by ( Jason Bailey | ) www.nytimes.com time to read: +5 min

‘Gladiator’ (Dec. 31)Stream it here. ‘Kung Fu Panda’ (Dec. 31)Stream it here. ‘Mission: Impossible’ 1- 4 (Dec. 31)Stream them here, here, here and here. ‘Role Models’ (Dec. 31)Stream it here. The raw edge yet soft heart of this wildly funny bad-boy comedy from 2008, and the presence of the frequent leading man Paul Rudd, might lead you to assume it’s the work of Judd Apatow.

Persons: ’, Russell Crowe, Ridley Scott’s, Crowe, Maximus, Commodus, Joaquin Phoenix, Scott, Napoleon, ”, Steven Spielberg, Roy Scheider’s, Brody, Kung, Jack Black, Jackie Chan, David Cross, Dustin Hoffman, James Hong, Angelina Jolie, Randall Duk Kim, Lucy Liu, Ian McShane, Seth Rogen, Christopher McQuarrie, Tom Cruise, John Woo, Brian De Palma’s, Brad Bird, Paul Rudd, Judd Apatow, David Wain, Kerri Kenney, Silver, Joe Lo Truglio, Ken Marino, Rudd, Seann William Scott, J, Thompson, Christopher Mintz Organizations: Netflix Locations: Italy, Phoenix

☆ 'Highly successful and likable' people are never afraid to use these 3 words, says psychology expert
▼ + stars: | 2023-11-28 | by ( Scott Shigeoka | ) www.cnbc.com time to read: +2 min

But researchers have found that when someone does admit they were wrong, they are not seen as less competent. As a psychology expert, I've found that highly likable and successful are "admitters," and they aren't afraid to say three simple words: "I was wrong." The key is to remind yourself that even though your behavior was wrong, you can change it in the future. And just because you are admitting wrongdoing, that doesn't mean you are saying you're a bad person. When someone tells you that you're wrong, instead of immediately jumping to the defensive, get curious about why they're saying that to you.

Persons: I've, you've, Carol Dweck, Karina Schumann, You'll

☆ Americans broke a record for spending on Black Friday, but it is just hiding a bigger problem for the economy
▼ + stars: | 2023-11-28 | by ( Cork Gaines | Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Many are delaying the cost as buy now, pay later programs are expected to have their biggest month ever. Many are paying via "buy now, pay later" platforms such as Klarna or Afterpay, which let shoppers pay in installments every week or month. Buy now, pay later also allows people to borrow less expensively as they get the pricing interest-free if paid off in time. Indeed, the Fed's "2022 Survey of Household Economics and Decisionmaking" found that 83% of respondents paid off their buy now, pay later programs on time. Compounding the problem is that people tend to spend more when using buy now, pay later programs, suggesting an overconfidence in what they can afford.

Persons: —, Salesforce, Beryl Tomay, Klarna, Mark Luschini, Janney Montgomery Scott, Maria Bartiromo, Luschini, Michael Landsberg, Landsberg Bennett, Kraig, Foreman Organizations: Black, Service, Adobe, Mastercard, CNBC, Business, Federal Reserve Bank of Atlanta, Household Economics, Social Science Research Network, Wealth Management Locations: Landsberg

☆ Americans broke a record for spending on Black Friday, but it's just hiding a bigger problem for the economy
▼ + stars: | 2023-11-28 | by ( Cork Gaines | Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

☆ The life advice that Charlie Munger gave Warren Buffett: Live life backwards
▼ + stars: | 2023-11-28 | by ( Scott Schnipper | ) www.cnbc.com time to read: 1 min

Berkshire Hathaway Vice Chairman Charlie Munger, who died Tuesday at age 99, once offered what turned out to be sage advice to his buddy and investment legend Warren Buffett: live life backwards. Munger years ago told the somewhat younger Buffett, 93, how he should live his life, according to CNBC's Becky Quick, speaking on CNBC's "Closing Bell: Overtime." Munger told Buffett, "he should write his obituary the way he wants it written, and then live his life accordingly," Quick said. "Look at things, and live backwards."

Persons: Charlie Munger, Warren Buffett, Munger, Buffett, Becky Quick, Quick Organizations: Berkshire Hathaway

☆ Don't fear December: Stocks usually see year-end gains, especially before a presidential election year
▼ + stars: | 2023-11-27 | by ( Scott Schnipper | ) www.cnbc.com time to read: +2 min

December is the time of the season when investors seldom have to worry about stock market performance, particularly in years that come before a presidential election. "Trading in December is holiday-inspired and fueled by a buying bias throughout the month," Hirsch recently told subscribers. "However, the first part of the month tends to be weaker as tax-loss selling and yearend portfolio restructuring begins." December does even better for small-cap stocks, at least going back to 1979, delivering the year's second-highest monthly return. That small cap return is usually back end loaded, however, only starting around the middle of the month.

Persons: Jeffrey Hirsch, Hirsch, outsized, Dow Industrials, Russell Organizations: Nasdaq, Dow Jones, Nvidia, Tesla, Meta, Microsoft Locations: Decembers

☆ Opinion: The big question about the Israel-Hamas truce
▼ + stars: | 2023-11-26 | by ( Richard Galant | ) edition.cnn.com time to read: +16 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. And then it was back to war — a conflict in which some 8.5 million soldiers from all sides would ultimately die. The timing of the Israel-Hamas truce that took effect Friday had nothing to do with a holiday. But there is also the possibility that this truce won’t last much longer than the one in 1914. “The deal arguably strengthens Hamas, allowing it to claim credit, catch its breath and regroup,” wrote Frida Ghitis.

Persons: Israel joyously, “, ”, Frida Ghitis, —, Aaron David Miller, Israel —, Joe, Biden, Christopher McCallion, ” Sheryl Sandberg, ” “, Amy Klein, I’d, Sam Altman, Clay Jones, OpenAI, Jill Filipovic, ” Rosalynn Carter, Jimmy Carter, Rosalynn Carter, Charles Tasnadi, Kate Andersen Brower, “ Jimmy Carter, Rosalynn, Brower, it’s, Bill Perkins, Sara Stewart, Maria Bamford, ’, “ Bamford, It’s heartening, ” Nick Anderson, Donald Trump, Trump, Julian Zelizer, “ Trump, …, It’s, Dean Obeidallah, Dana Summers, Martin Zwick, Catharine Fulton, Don’t, Scott Stantis, Agency Nima Elbagir, Joseph, Danielle Campoamor, Uvalde, ‘, Joaquin Phoenix, Napoleon, Ridley Scott, “ Napoleon, Noah Berlatsky, Scott deplores, he’s, ’ ”, ” Berlatsky Organizations: CNN, Front, Museum, “, Democratic, Republican, Democratic Party …, Department of State, Defense, Israel, Mental Health, White, Peanut Brigade, Federal, Twitter, Tribune Content Agency, Heritage Foundation, Agency, Apple, Hollywood Locations: Israel, Egypt, Qatar, Gaza, Iran, Iranian, Iraq, Syria, Yemen, Eastern Europe, Russia, Ukraine, East Asia, China, Taiwan, today’s America, Georgia, Washington, Reykjanes, Europe, Northern Europe, Iceland, Grindavik, Canadian, Reykjavik, Fimmvörðuháls, balaclava, Sudan

☆ Former world number one Scott desperate to end win drought in Queensland
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Scott won the first of his two Australian PGA Championship trophies 10 years ago in his prime and the second in 2019. Less than two months after winning the 2019 event, he broke a four-year victory drought on the U.S. PGA Tour by claiming the Genesis Invitational. "If I were to win this week or next week (at the Australian Open) it could be a springboard." The rival circuits, along with the European DP World Tour, announced plans in June to merge and end the sport's bitter divide. "There’s four or five other interested parties in investing in the PGA Tour like PIF," he added, referring to Saudi Arabia's Public Investment Fund.

Persons: Adam Scott, Paul Childs, Scott, ”, Cameron Smith, I’ve, Smith, LIV Golf, Ian Ransom, Shri Navaratnam Organizations: BMW, Wentworth, Rights MELBOURNE, Australian, Butterfield, Royal, British, U.S, PGA, Justice Department, Saudi Arabia's Public Investment Fund, Thomson Locations: Wentworth , Virginia Water, Britain, California, Bermuda, Royal Queensland, Saudi, U.S, Melbourne

☆ Sam Altman's return to OpenAI doesn't necessarily mean a return to normalcy
▼ + stars: | 2023-11-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at Sam Altman returning to the helm of OpenAI. Less than five days after his shocking ouster, Sam Altman is set to return to OpenAI as its CEO. Microsoft's CEO Satya Nadella, a key figure in the past few days' drama, comes out a winner. By helping to reinstall Altman at OpenAI, he stabilizes a key piece of Microsoft's AI strategy.

Persons: —, NASA's James Webb, Sam Altman, JACK GUEZ, OpenAI, Altman, we're, Bret Taylor, Larry Summers, Taylor, Adam D'Angelo, Greg Brockman, OpenAI's confounder, They've, Tim Paradis, Satya Nadella, Kevin Scott, Insider's Ashley Stewart, Julie Bort, Darrin Zammit Lupi, Patrick T, Fallon Rivian, Elon Musk's, Jack Dorsey, Amr Bo Shanab, Madison, they're, Vladimir Putin, Billie Jean King, Jamie Lee Curtis, Scarlett Johansson, Hailey Bieber, John Deere, LongeviQuest's Ben Meyers, Yumi Yamamoto, Fabrizio Villatoro, Jack SteerLo, Fusa Tatsumi, they've, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, NASA's James Webb Space Telescope, Getty, Silicon, Business, Microsoft, REUTERS, Elon, Madison Ave Locations: OpenAI, AFP, OpenAI's, India, New York City, San Diego, London, New York

☆ Some Microsoft employees fume over the company's open offer to hire hundreds of OpenAI staff
▼ + stars: | 2023-11-22 | by ( Ashley Stewart | Julie Bort | ) www.businessinsider.com time to read: +2 min

When Microsoft CTO Kevin Scott said the company would hire hundreds of OpenAI employees and match their current compensation, some Microsoft workers were furious. For existing Microsoft workers, 2023 was a year in which they feared for their jobs and their pay. In an open letter, nearly all of OpenAI's workforce said "Microsoft has assured us that there are positions for all OpenAI employees." Scott confirmed the offer in a post on X, writing that all OpenAI employees had "a role at Microsoft" and that the software giant would match their OpenAI compensation. However, the damage to morale among some Microsoft employees has already been done.

Persons: Kevin Scott, Satya Nadella, OpenAI, Sam Altman, Nadella, he'd, Altman, Greg Brockman, Scott Organizations: Microsoft, Business

Microsoft had no official say with the board when Altman, the company’s key contact, was fired. That is partly as a hedge for the fact it has no control over the start-up’s board. It involves the holy grail of OpenAI’s work: achieving artificial general intelligence, or A.G.I. Scott Syphax, a corporate governance expert, told DealBook that the deal could raise red flags with regulators if it threatens the nonprofit’s tax-exempt status. Another area Syphax is watching: the valuation that Microsoft placed on OpenAI after its investment and whether it acquired the I.P.

Persons: Altman, Nadella, Kara Swisher, Brockman, ”, Microsoft’s, Scott Syphax, DealBook, Bill Gurley, Satya Organizations: Microsoft, Times Locations: “, Grubhub

☆ Microsoft exec says OpenAI employees can join with same compensation
▼ + stars: | 2023-11-21 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Microsoft CTO Kevin Scott on Tuesday offered to match compensation for the hundreds of employees at OpenAI who are threatening to resign following Sam Altman's sudden ouster as CEO. "Know that if needed, you have a role at Microsoft that matches your compensation and advances our collective mission." But, the comment gives some clarity to what Microsoft is willing to pay employees and how many it would hire. Early Monday morning, Microsoft CEO Satya Nadella said that Altman, Greg Brockman, who resigned as OpenAI's president, and their colleagues would join Microsoft as part of a new AI research group. More than 600 OpenAI employees then signed a letter to the company's board and threatened to join their former boss at Microsoft unless the members resigned.

Persons: Kevin Scott, Sam Altman's, Sam Altman, Scott, Altman, Satya Nadella, Greg Brockman, Nadella, Brockman, OpenAI, Emmett Shear, Ilya Sutskever —, — Adam D'Angelo, Tasha McCauley, Helen Toner, Sutskever, Jordan Novet Organizations: Research, Microsoft, CNBC Locations: OpenAI

They spoke to The Associated Press in the months leading up to Rosalynn Carter's death Sunday at age 96. “I do not think there has ever been another sort of leader in the mental health field who has had as much of an impact on mental health care and access to care and how we think about mental health and mental illness as Mrs. Carter,” Cade said. Then, as president, he created a national commission on mental health, which led to the passage of the Mental Health Systems Act of 1980, a major revamping of federal policy that sought to treat people with mental illness in their communities. Those who worked with her over the decades say Carter’s accomplishments were rooted in her compassion and listening skills. What else could we be doing?”____Associated Press reporter Holly Ramer received a 2017-18 Rosalynn Carter Fellowship for Mental Health Journalism.

Persons: Rosalynn Carter, ”, “ feebleminded, Hugh Gallen, Dayton Duncan, “, ” Duncan, Jimmy, Kathy Cade, Rosalynn, Carter, ” Cade, ” Rosalynn Carter, Jimmy Carter, Reagan, Cynthia Wainscott, you’re, Wainscott, Bill Lichtenstein, ” Lichtenstein, Lichtenstein, Marion Scher, ” Scher, Cade, Holly Ramer Organizations: CONCORD, U.S . Justice Department, Gov, Laconia State School, White, Carter, Associated Press, Mental Health Systems, Carter Center, Mental Health America, National Mental Health Association of Georgia, ABC News, The Carter Center, Mental Health Journalism Locations: N.H, Laconia , New Hampshire, Laconia, Atlanta, Georgia, Boston, U.S, South Africa

☆ Tesla launched its own car insurance. These drivers say it's a lemon.
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +20 min

Tesla Insurance, launched in 2019 by the electric-car company, has promised policyholders “vastly better” service than rivals, as Tesla chief Elon Musk put it in April 2022. “What do they have, three people answering phone calls?”Complaints about Tesla Insurance are drawing scrutiny from state regulators and the plaintiffs’ bar. And there’s no way to know exactly how many have been made against Tesla Insurance and how its record compares with competitors’. That fall, Tesla launched InsureMyTesla, a new insurance offering for U.S. Tesla owners, in partnership with Liberty Mutual Insurance Co. Lester F. Aponte, a Los Angeles attorney who signed up for Tesla Insurance in August, described a maddening ordeal to obtain proof of insurance.

Persons: Mark Bova, lurched, “ I’m, ” Bova, policyholders “, Elon Musk, Musk, Bova, he’s, Tesla, ”, Musk’s, Virginia –, Phil Fioresi, Tesla’s adjusters, adjusters, ” Zachary Kirkhorn, ” Kirkhorn, Teslas, InsureMyTesla, it’s, It’s, Chanda Santiago, ” Santiago, Lester F, Aponte, haven't, Understaffed, “, —, Policyholders, Jonathan Garcia, Garcia, adjuster, Scott Sawyer, Sawyer, Lauren Lee Sawyer, ” Sawyer, –, Steve Stecklow, Koh Gui Qing, Norihiko, Mike Scarcella, John Emerson, Brian Thevenot Organizations: Green, U.S . Army Special Forces, Tesla Insurance, Tesla, Reuters, Bureau, Twitter, U.S, SpaceX, Ohio Department of Insurance, California Department of Insurance, Data, AAA, The Auto Club Group, Liberty Mutual Insurance Co, Liberty Mutual, Markel, National Insurance Company, State National, State, Facebook, Better, policyholders, Better Business Bureau Locations: Maryland, That’s, California , Utah , Illinois, Virginia, South San Francisco , California, California, Draper , Utah, Texas, policyholders, InsureMyTesla, U.S, Illinois, Colorado, Ohio, Florida , Georgia, Washington, Santiago, Los Angeles, Draper, North Carolina, Riverside , California

☆ Ridley Scott isn’t done talking or creating: ‘It’s fuel to me’
▼ + stars: | 2023-11-20 | by ( Thomas Page | ) edition.cnn.com time to read: +4 min

By the time Scott hit the red carpet in London for “Napoleon’s” UK premiere last Thursday, you’d think there’d be nothing left to say. Before Scott cinephiles have even seen “Napoleon” on screen, there’s palpable excitement about the prospect. Joaquin Phoenix and Ridley Scott attend the "Napoleon" UK Premiere last week. I’m already recceing a film I’m going to do next year after ‘Gladiator.’ That’s the way I work,” he said. Like the little general in his film, Scott marches on.

Persons: Ridley Scott, “ Napoleon, ”, Joaquin Phoenix, of, Scott, Napoleon’s, you’d, that’s, Scott cinephiles, Napoleon ”, “, ” Scott, he’s, Napoleon Bonaparte, “ There’s, ” Joaquin, Napoleon, –, I’d, Josephine, ” Napoleon, Vanessa Kirby, ” Kirby, Phoenix, Commodus –, Lia Toby, Joaquin, Paul Mescal, ‘, ’, “ Napoleon ” Organizations: CNN, UK, ” Joaquin Phoenix, Apple, Sony Pictures Locations: of France, London, “ Kingdom, Toulon, Austerlitz, Waterloo

☆ Opinion: No one needed another Napoleon movie, but this one has something unexpected to say
▼ + stars: | 2023-11-20 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +8 min

Napoleon, played by Academy Award-winning actor Joaquin Phoenix, is a talented young officer whose military victories quickly vault him into influence and power. The fact that Napoleon can’t live up to his own larger-than-life image is part of what makes Napoleon larger than life. There are obvious differences between Trump and Napoleon — Trump avoided the draft and was not a successful general; Napoleon was never elected and conquered large parts of Europe; Trump’s coup attempt was unsuccessful. “Napoleon” suggests that our fascination with grotesque populist windbags is itself a source of their power. Napoleon might not love this movie, but he’d surely enjoy seeing his face blown up there on the big screen.

Persons: Noah Berlatsky, Ridley Scott, Napoleon ”, Noah Berlatsky Noah Berlatsky, Scott deplores, he’s, ” Scott, Napoleon, Joaquin Phoenix, glamorize Napoleon, Scott, Napoleon sententiously, Josephine, Vanessa Kirby, grunting, can’t, it’s, Scott weren’t, Scott’s, It’s, Napoleon can’t, Donald Trump, Napoleon — Trump, Scott’s Napoleon, doesn’t, Trump, “ Trump, mediaQuant, slandered, “ Napoleon ”, ”, —, — you’re Organizations: CNN, Hollywood, Waterloo, Trump, New York Times, Republican Locations: Chicago, Europe, Elba, British, Austerlitz, Republic, France, Nazi

"For me when I was coaching, we are looking at high school and maybe some junior college kids. — Three years ago, nearly 400,000 girls played high school basketball and only 1.3% went on to play Division I basketball according to the NCAA. — On average, there are roughly 1,400 Division I scholarships available each year and there were 1,200 players in the transfer portal this year. Her husband played at Miami, her daughter plays at Georgetown and her younger son is a top 100 prospect in high school. If School X signs someone from the transfer portal, that is one less available scholarship at that university.

Persons: There's, Zakiyah Johnson, Darianna Alexander —, —, Bourrage, “, who’s, ”, Caitlin Clark, Christy Winters, Scott, ” Bourrage, Johnson, Alexander, Purcell, it’s, Winters, ” Winters, ” That's, LSU's Kim Mulkey, Dawn Staley, UCLA's Cori, Jeff Walz, Walz, ” Johnson, Hailey Van Lith, it's, Bourrage haven't, Maria, you’re, ” Maria, That’s, Ida B Organizations: Davenport, North High School, Iowa, AAU, University of Iowa, Maryland, of Fame, Terps, Sacred Heart Academy, Purcell Marian High School, NCAA, Miami, Georgetown, Associated Press, women’s College Basketball Academy, LSU, UConn, USC, UCLA, Ohio State, All, ACC, Inclusive, The Maynard Institute for Journalism Education, Wells Society, Investigative, AP, womens Locations: Davenport ( Iowa, Louisville , Kentucky, Cincinnati , Ohio, Kentucky, Iowa, Ohio, Memphis, Shelbyville , Kentucky, South Carolina, Ohio State . Louisville, Louisville's, Louisville

☆ Opinion | Can Nikki Haley Beat Trump?
▼ + stars: | 2023-11-18 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

It’s time to admit that I underestimated Nikki Haley. If you wanted someone to attack Trump head-on with relish, Chris Christie was probably your guy. If you wanted someone with pre-Trump Republican politics but without much Trump-era baggage, Tim Scott seemed like the fresher face. But now Scott is gone, Christie has a modest New Hampshire constituency and not much else, and Haley is having her moment. To be clear, I do not think Haley has proved the DeSantis theory wrong.

Persons: Nikki Haley, Ron DeSantis, Trump, Chris Christie, Tim Scott, Scott, Christie, Haley, Joe Biden Organizations: Trump, Trump Republicans, Trump Republican, DeSantis, Des Moines Register, Republican Locations: New Hampshire, Des, Iowa

☆ Exclusive: Three Fed governors tell US senator there is room to reduce balance sheet
▼ + stars: | 2023-11-16 | by ( Michael S. Derby | ) www.reuters.com time to read: +5 min

"Under plausible assumptions the size of the balance sheet could decline considerably further before reserves reach the level consistent with the ample reserves operating framework," Jefferson wrote in response to a series of questions from Scott about the roughly $8 trillion balance sheet. The senator also wrote letters to Fed Governors Lisa Cook and Adriana Kugler at the same time. Fed officials who have spoken on the matter have said the balance sheet can be reduced for an extended period. Speaking after the central bank's Oct. 31-Nov. 1 policy meeting, Fed Chair Jerome Powell said it was "not considering changing the pace of balance sheet runoff. Many market participants are eyeing next year or maybe 2025 as a potential time to end the drawdown of the balance sheet.

Persons: Philip Jefferson, Jefferson, Rick Scott, Scott, Lisa Cook, Adriana Kugler, Cook, Kugler, Jerome Powell, Loretta Mester, General, Michael S, Dan Burns, Paul Simao Organizations: Federal, Republican U.S, Fed, Reuters, Federal Reserve, Cleveland Fed, Thomson Locations: Jefferson

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