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☆ These 9 'Back to the USA' stocks will get the biggest boost from an American manufacturing boom: Bank of America
▼ + stars: | 2024-09-21 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. He believes that the rise of the US trade deficit over the past year will likely make it a key issue for both political parties. AdvertisementAlthough the Trump administration has traditionally been linked to trade wars and more protectionist measures, Biden's administration maintained the Chinese tariffs. It will create more manufacturing jobs and boost demand for domestic companies with in the logistics and supply chain process. A September 19 research note from Bank of America suggests that this shift is set to benefit domestic small- and mid-cap stocks most.

Persons: —, Trump, Manish Kabra, Kabra, Jill Carey Hall Organizations: Service, Business, US, of, Tax, Bank of America Locations: China, Red

☆ Don’t expect much from stocks for the next decade, says JPMorgan
▼ + stars: | 2024-09-16 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

As investors are navigating all the buzz about this week's potential rate cut and the upcoming presidential election, JPMorgan is forecasting a serious risk to long-term stock returns. The market appears to be too expensive relative to history, according to the firm, which is projecting a 5.7% annual return from the S & P 500 over the next decade. That is barely above half its post-World War II average, analyst Jan Loeys said in a recent note to clients. .SPX 5Y mountain S & P 500 performance over the past five years. The "Great Moderation" refers to the period from the mid-1980s to 2007 that saw low inflation and steady economic growth.

Persons: Jan Loeys, Loeys Organizations: JPMorgan

☆ Here's the deflation breakdown for August 2024 — in one chart
▼ + stars: | 2024-09-12 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

It means that, in aggregate, the average prices of goods and services are rising, just more slowly. Where prices have deflatedFor example, prices have declined by about 5% for furniture and bedding and 3% for appliances since August 2023, according to CPI data. Outside of supply-demand dynamics, the U.S. dollar's strength relative to other global currencies has also helped rein in prices for goods, economists said. Airline fares have declined about 1% over the past year, according to CPI data. Grocery prices have fallen for items such as apples, potatoes, ham, coffee, rice, seafood and bananas, according to CPI data.

Persons: Stephen Brown, it's, Sarah House, They've, women's outerwear, Brown Organizations: North, Capital Economics, Finance, Social Security, Wells, Wells Fargo Economics, U.S, International Air Transport Association Locations: U.S, North America, Wells Fargo, China

☆ Why the global fight against inflation is nowhere near over
▼ + stars: | 2024-09-10 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

"Everyone seems to believe that inflation will return to its boring old normal," said Chief European economist Tomasz Wieladek. Changes in central bank policy, expectations, labor markets, and globalization mean that inflation will likely stay volatile going forward." Depending on circumstances, this could set the scene for another large inflation target miss." For instance, JPMorgan chief Jamie Dimon has repeated warnings of a pricey future, as global militarization and the green transition stoke inflation. "While AI will likely have a disinflationary effect in the medium term, the associated energy consumption could contribute to higher short-term inflation."

Persons: —, Rowe Price, Tomasz Wieladek, Wieladek, Jamie Dimon, Donald Trump Organizations: Service, Financial Times, Business, JPMorgan Locations: Europe

☆ Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030
▼ + stars: | 2024-09-05 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Family offices are expected to add more than $2 trillion in assets by 2030, as an increase in wealth concentration and a revolution in wealth management drive rapid growth in new family offices. In total, the wealth of families with family offices is expected to top $9.5 trillion in 2030, according to the report — more than doubling over the decade. "It's really the past decade that has seen an acceleration in growth in family offices." The rise of family offices is remaking the wealth management industry and creating a powerful new force in the financial landscape. Family offices are seen as offering more privacy, more customization and more tailored programs for the next generation of the family.

Persons: Robert Frank, Rebecca Gooch, It's, Gooch, incentivized, Eric Johnson Organizations: Deloitte Private, Deloitte, Henley & Partners, Forbes Locations: centimillionaires, North America, Asia, Pacific, North

☆ Whoever can finally coin an effective economic message could win the White House
▼ + stars: | 2024-08-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —Voters keep telling pollsters that their economic insecurities are the biggest issue in the 2024 election. Former President Donald Trump will try to make a case against Kamala Harris’ role in the Biden economy on Wednesday in North Carolina. President Joe Biden dedicated his domestic agenda to restoring economic fairness and sought to revive manufacturing and repair the country’s crumbling infrastructure. As the effective incumbent in this race, Harris is vulnerable to any sudden shifts in the economic outlook. But with Trump seeking an opening to define her negatively — especially on the economy — Harris must act fast.

Persons: Donald Trump, Kamala Harris, Biden, Trump, Joe Biden, Harris, Kamala, He’s, Price, “, Biden Administration’s, ”, —, ” Harris, ” Trump, hasn’t, “ You’ve, Scott Jennings, Anderson Cooper, “ You’re, Brad Todd, CNN’s Kasie, he’s, ” Todd, Kevin McCarthy, Elon Musk, Sen, JD Vance, Harris ’, Bill Clinton, Barack Obama, Clinton, Obama, Obama –, –, — Harris, Tim Walz, She’s Organizations: CNN — Voters, Trump, Home Depot, Republican, Democratic, Biden, CNN, Fox News, Air Force, Democratic National Convention, NPR, PBS, Marist, New York Times, Siena College, Minnesota Gov, pharma Locations: North Carolina, Asheville , North Carolina, Maryland, Raleigh, Ohio, Chicago, Nevada, Phoenix, California, States, Pennsylvania, Michigan, Wisconsin

☆ The Changing Supply Chain
▼ + stars: | 2024-08-12 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

For decades, major companies have behaved as if geographic distance were almost irrelevant. A factory in China was the same as a factory in Michigan. The pandemic and geopolitical upheavals have exposed the risks of depending on faraway industry to make critical things like computer chips, protective gear and medicines. The pandemic shockThe emergence of Covid in China ended the previous version of globalization. Quarantines shut Chinese factories at the same time that Western consumers, stuck in lockdown, ordered more manufactured goods like exercise equipment and electronic gadgets.

Persons: Quarantines Locations: China, Michigan

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. may already be in a "plain vanilla recession": Danielle DiMartino BoothSignificant job losses and bankruptcy filings over the past year signal a "plain vanilla recession," according to Danielle DiMartino Booth, CEO and chief strategist for Quill Intelligence. In this episode of "The Bottom Line," CNBC explores the former Dallas Fed advisor's views on the state of the U.S. economy, the navigating high of inflation and interest rates, globalization and a weakening labor market.

Persons: Danielle DiMartino Booth Organizations: Quill Intelligence, CNBC, Dallas Fed Locations: U.S

More than in any other foreign arena, Vance has sought to echo Trump on the Ukraine war. In doing so, he emphasized the thick vein of “scarcity politics” that runs through his foreign policy, arguing that the U.S. can’t equip Ukraine with enough materiel to hold back an opponent as vast as Russia. Vance described Ukraine ceding territory to Vladimir Putin as being in “America’s best interest” while appearing more supportive than Trump of remaining in NATO. The foreign policy views of Pence, vice president when Trump was in office, while not loved by everyone, were at least “mature” — they were informed by several terms experiencing the consequences of foreign policy becoming reality, according to Daniel Kurtzer, a former U.S. ambassador to Israel and now a professor at Princeton. Vance, on the other hand, brings “no foreign policy experience, certainly no expertise,” Kurtzer says, and he will fall in behind his boss when needed.

Persons: JD Vance, Donald Trump, ”, “, Vance, Clayton Allen, —, Anna Moneymaker, Trump, Bronwen Maddox, “ He’s, ” Allen, Biden, Vladimir Putin, Chatham House’s Maddox, Joe Biden, ” Vance, Patrick Baz, doesn’t, William Ruger, Israel, — Trump, Jair Bolsonaro, Viktor Orban, ” Trump, Stephen Maturen, Vance “, Dick, Cheney ”, George W, Allen, Hitler, Mike Pence, Pence, Daniel Kurtzer, ” Kurtzer, Benjamin Netanyahu, Charles Hollis, Hollis, Trump’s, ’ ”, Maddox, Grover Cleveland Organizations: Marines, Yale Law School, Gaza, Ohio, GOP, Eurasia Group, Republican Party, NATO, Republican National Convention, Democrat, Republicans, NAFTA, China, Getty, American Institute for Economic Research, Kremlin, Bloomberg, Trump, Princeton, United, Aperio Intelligence Locations: Iraq, U.S, Ukraine, Sierra Vista, London, Kyiv, Russia, lockstep, Europe, Mexico, Baghdad’s, Owerij, Ohio, Pennsylvania, Michigan, Great Barrington , Massachusetts, Ukrainian, Taiwan, “, St Cloud, Minn, Israel, China, Gaza, Saudi Arabia, Iran, United States, Montezuma, Canada

☆ Why workers who lose their jobs to AI will be better off than the Midwest manufacturing employees of two decades ago
▼ + stars: | 2024-08-02 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Similar to US manufacturing workers who lost their jobs in recent decades to advancements like automation, those displaced by AI could find themselves without the skills needed for the modern workforce. It comes down to when — and where — AI job losses are likely to materialize. Davis said there are several reasons workers who are displaced by AI should have an easier time finding work than many manufacturing workers of the past. Impacted workers in cities would be more likely to have job opportunities than workers where manufacturing jobs were concentrated, which often were in the Midwest. Widespread AI job displacement won't happen for at least a decadeWhile Davis is uncertain about the timing and scale of AI job displacement, he said he doesn't expect AI to drive major job losses over the next decade.

Persons: —, Goldman Sachs, It's, Steven Davis, Hoover Institute —, Davis, it's, — Davis, they've, they're, Joe Biden, there's, Jim Covello, that's Organizations: Service, Business, Hoover Institute, Stanford University —, Bureau of Labor Statistics —

☆ Opinion | The Mystery of JD Vance Is Unraveling
▼ + stars: | 2024-07-31 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +2 min

JD Vance embodies the pros and cons of political competition in a divided America. Vance’s reputation as defender of the globalization-battered working class can help Trump in the electorally crucial Midwest industrial belt states of Pennsylvania, Wisconsin, and Michigan. But Vance is also an absolutist on restricting abortion, the Republican’s biggest current weakness, according to polls. He has adopted Trump’s line that abortion rules should be left to the states, but his voting record is striking. In an interview with the Youngstown Ohio Vindicator, Vance contended that there was extensive fraud in 2020 including a “big-tech” conspiracy directed by Mark Zuckerberg, the chief executive of Facebook.

Persons: Vance, minuses, Donald Trump’s ‘, —, Sean O’Brien, ” That’s, Trump, Tony Fabrizio, ”, ” Vance, Mark Zuckerberg Organizations: GZERO Media, Republican National Convention, Republican, Teamsters, Ohio Republican Senate, Trump, Youngstown Ohio Vindicator, Facebook Locations: America, Pennsylvania , Wisconsin, Michigan

☆ 3 reasons why US manufacturing is coming back— and how to invest in a reindustrializing economy
▼ + stars: | 2024-07-28 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

AdvertisementAccording to Osterweis, investors should expect increased cyclicality going forward. Now, with increased investment in AI and several initiatives to revitalize domestic manufacturing, Osterweis believes the US could see a return to shorter expansion periods. AdvertisementInvestors can buckle up for more frequent economic fluctuations by increasing their concentration in quality growth equities. Investing in quality growth businesses not only drives strong returns but also protects against the ups and downs of business cycles. Osterweis also sees AI as a sustainable trend and recommends investors continue holding semiconductor companies.

Persons: —, John Osterweis, Goldman Sachs, Management Offshoring, Osterweis Organizations: Service, Business, Capital Management, Osterweis, Infrastructure Investment, Jobs, Bank of America, Companies, Big Tech, Microsoft, Management, Nvidia, VanEck Semiconductor, Trust Nasdaq Semiconductor Locations: Rust, Mexico, China, East Asia, reindustrialization

☆ Who Can Achieve the American Dream? Race Matters Less Than It Used To.
▼ + stars: | 2024-07-25 | by ( German Lopez | Ashley Wu | ) www.nytimes.com time to read: +15 min

When the white Gen X child turned 27 in 2005, they could expect to make more than $34,000. But Mr. Cain did have a strong community — which he said taught him entrepreneurship and showed him he could dream big. Mr. Cain, 35, got a two-year degree in business management and first worked as a bank teller and financial adviser. At the same time, white millennials born to poor parents had a harder time than their white Gen X counterparts. Unlike Mr. Cain, Mr. Brown did not have a strong sense of community, as he bounced between his mother, his father and his grandparents.

Persons: Lawrence Cain Jr, Cain, ”, Asa Featherstone, Black, Derek Brown, Brown, He’s, “, It’s, ” Mr, Raj Chetty, Stefanie A, DeLuca, David B, Ralph Richard Banks, wasn’t, Benjamin Goldman, Cain’s Organizations: Abundance University, Business, Harvard, The New York Times, General Electric, Richer, Johns Hopkins University, Stanford, People, Black, White, Conservatives, Local, Bank of America Locations: Cincinnati, Northside, America, United States, American, China, India, Charlotte, N.C

☆ Men’s basketball at the 2024 Paris Olympics: NBA player list, how to watch and Team USA’s top threats
▼ + stars: | 2024-07-24 | by ( Mike Prada | ) www.nytimes.com time to read: +16 min

The 2024 men’s Olympic basketball tournament at the Paris Games is overflowing with star power — and not just from Team USA. Even South Sudan, the lowest-ranked team in the tournament, proved its mettle by nearly upsetting Team USA in a tune-up matchup last weekend. White was a member of the 2019 FIBA World Cup team, while Edwards and Haliburton made their debuts at the 2023 FIBA World Cup. Twenty-seven of the 30 NBA teams will have at least one player participating in this tournament. Can Team USA do it again in 2024?

Persons: Seth, Giannis Antetokounmpo’s, LeBron James, Stephen Curry, Nikola Jokić, Team USA’s, Pierre Mauroy, It’s, James, Joel Embiid, Joel, Grant Hill, Curry, Embiid, Kevin Durant, Anthony Davis, Jayson Tatum, Kawhi Leonard, Anthony Edwards, Devin Booker, Bam Adebayo, Tyrese Haliburton, Leonard, Boston Celtics ’ Derrick White, Durant, Haliburton, Tatum, Holiday, Booker, Adebayo, Embiid Curry, Tatum James, Edwards Booker, Edwards, Davis, Jordi Fernandez, Shai Gilgeous, Alexander, he’s, Jamal Murray, Dillon Brooks, RJ Barrett, Zach Edey, Dwight Powell, Kelly Olynyk, Victor Wembanyama, Wembanyama, Rudy Gobert, Bogdan Bogdanović, They’ll, Dennis Schröder, Franz Wagner, Antetokounmpo, Patty Mills, Joe Ingles, Matthew Dellavedova, Josh Giddey, Josh Green, Dyson Daniels, — Rudy Fernández, Willy Hernangomez, Santi Aldama, we’re, Bruno Caboclo, ESPN’s Fran Fraschilla, Jose Alvarado —, Rui Hachimura, Luol Deng, Dante Exum, Jock Landale, Duop, Gui Santos, Luguentz Dort, Andrew Nembhard, Nickeil Alexander, Walker, Trey Lyles, Evan Fournier, Nicolas Batum, Bilal Coulibaly, Mo Wagner, Daniel Theis, Giannis Antetokounmpo, Jose Alvarado, Nikola Jović, Vasilije Micić, JT Thor, Usman Garuba, ’, We’ll, Giuseppe Cacace Organizations: Paris Games, Paris, Team USA, Luka Dončić’s, France, Germany, USA, Australia, CNBC, Team, Serbia, Pierre, Bercy Arena, NBA, NBC, South, Telemundo, Universo, The Philadelphia 76ers, U.S, USA Basketball, Tyrese, Boston Celtics, Embiid, BetMGM, Brooklyn Nets, Jordi Fernandez . Oklahoma City Thunder, Denver Nuggets, Houston Rockets, Toronto Raptors, Grizzlies, San Antonio Spurs, Minnesota Timberwolves, Atlanta Hawks, FIBA, Veteran NBA, Orlando Magic, Bahamas, New Orleans Pelicans, Los Angeles Lakers, Cleveland Cavaliers, Utah Jazz, New York Knicks, Timberwolves, Blazers, Mavericks, Spurs, Pistons, Tominaga, Pelicans, Olympic Locations: Giannis Antetokounmpo’s Greece, Luka Dončić’s Slovenia, London, Abu Dhabi, U.S, Canada, Serbia, South Sudan, Spain, Lille, France, Paris, Australia, Spain Germany, Japan France, Brazil Greece, Sudan, Puerto Rico Serbia, Greece Canada, Australia Japan, France Brazil, Germany, Puerto Rico, Serbia USA, Japan, Brazil Australia, Spain France, USA Serbia, USA, Greece, Brazil, Cameroon, Edwards, Tokyo, Haliburton, Holiday, Jordi Fernandez ., Nigeria, Valencia, ” Puerto Rico, Tremont Waters, . Puerto Rico

☆ Harris is a true believer in globalization, says Jim Cramer
▼ + stars: | 2024-07-22 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarris is a true believer in globalization, says Jim Cramer'Mad Money' host Jim Cramer looks at the market reaction to this weekend's big political shake up.

Persons: Harris, Jim Cramer

☆ Stock market today: US stocks rise as traders try to come back after worst week since April
▼ + stars: | 2024-07-22 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Investors are gauging what a potential Kamala Harris presidency could mean for the stock market. Second-quarter GDP and the June PCE index will be released later this week. The gains came one day after President Joe Biden announced he would not seek re-election, and instead endorsed his Vice President, Kamala Harris. That will be followed by the Federal Reserve's preferred inflation gauge, the PCE index, at 8:30 a.m. on Friday. Economists expect the June Core PCE index to rise 2.5% year over year, which is not far off from the Fed's long-term inflation target of 2%.

Persons: Kamala Harris, —, Joe Biden, Harris, Donald Trump, Trump's, JD Vance, Alex Saunders Organizations: Service, Technology, Nasdaq, Trump, Citi, Federal, Here's Locations: California

☆ Cramer says Harris would be better than Trump and Biden for megacaps and international business
▼ + stars: | 2024-07-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday told investors how a possible Kamala Harris administration might affect the market, suggesting her policies would be better for megacaps and international outfits. "If you own many stocks of international companies and you want to vote your portfolio, Harris is more likely to help than hurt. After President Joe Biden bowed out of the 2024 race, he backed Vice President Harris for the Democratic nomination. According to Cramer, Biden seemed to hold the belief that "big business is bad business," but Harris may have a "more nuanced approach." Cramer said he could see Harris having close communication with Big Tech leaders.

Persons: CNBC's Jim Cramer, Kamala Harris, Biden, Harris, Joe Biden, Nancy Pelosi, Gavin Newsom, Cramer, Donald Trump, Sen, JD Vance, Ohio, Vance, bode Organizations: Trump, Democratic, Big Tech, Taiwan Semiconductor, Republicans Locations: Washington, California, America

☆ Two days after surviving an assassination attempt, Trump picks his MAGA heir
▼ + stars: | 2024-07-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

And if Trump wins the election in November, a millennial will be a heartbeat away from the presidency. The Ohio Republican has turned on the establishment and elite academe that helped make his name with the vehemence that only a defector can muster. But he has explained that he was wrong about Trump and now believes that he was a great president. Trump critics are also seizing on the pick to question Trump’s commitment to his new unity message after he escaped the assassination attempt. Ultimately, Trump is clearly comfortable with Vance, a favorite of his firebrand son Donald Trump Jr.

Persons: CNN — JD Vance, Donald Trump —, MAGA, —, Vance, Trump, he’s, Trumpism, Trumper, “, Trumper ”, Critics, CNN’s Kaitlan Collins, “ I’m, Mike Pence’s, ”, ” Vance, Donald Trump, it’s, Joe Biden’s, Biden, won’t, reclaims, America’s, ’ ”, Volodymyr Zelensky, Vance’s, CNN’s Collins, It’s, ” Zelensky, Dick Cheney, Bush, Donald Trump Jr, Mike Pence, Collins Organizations: CNN, Republican Party, Trump, Senate, Ohio State University, Marine Corps, Yale Law School, Ohio Republican, White, Democratic Party, Buckeye State, Republican, Munich, Conservative Political, Wing, “ America, The Locations: Ohio, Appalachia, Kentucky, Iraq, Pennsylvania, Michigan, Wisconsin, Omaha , Nebraska, America, Ukraine, The Ohio

☆ India’s ‘godmen’: How a rigid caste system has created a new kind of deity
▼ + stars: | 2024-07-12 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

The man they had come to see was known to his disciples as Bhole Baba, a self-styled Hindu spiritual leader worshipped by many as a living god. “My mother believed in (Bhole Baba). What could I do?”People like Lal’s mother – poor and on the lower rungs of India’s hierarchical caste system – make up the bulk of Bhole Baba’s following. Claiming to possess mystical knowledge and the ability to cure illness and solve problems, godmen inspire remarkable fervor in their millions of followers. Gurmeet Ram Rahim Singh, head of the spiritual organization Dera Sacha Sauda, is another self-styled spiritual guru revered by millions.

Persons: –, Bhole Baba, ”, “, Meera Nanda, Sakib Ali, Subhash Lal, Lal, Narayan Sakar, Kalyani, Sheetal, Bhole, Jatav, Sathya Sai Baba, Ravi Shankar, Gurmeet Ram Rahim Singh, Sacha Sauda, Parveen Kumar, Singh, ” Nanda, Asaram Bapu, Sunil Verma, Sai, Goldie Hawn, Isaac Tigrett, Sachin Tendulkar, Manmohan Singh, Surendra Singh, Narayan Sakar Hari resound, Aishwarya S, Iyer Organizations: CNN, Hindustan Times, Uttar, Uttar Pradesh Police, Azim Premji University, ” Miracle, Pacific Press, Rock Locations: India’s Uttar Pradesh, India, Hathras, Uttar Pradesh, Garhi, India’s, Bangalore, ”, Bole, Gurugram

☆ Here's the deflation breakdown for June 2024 — in one chart
▼ + stars: | 2024-07-12 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Physical goods have accounted for much of the deflation over the past year, according to economists. Outside of supply-demand dynamics, the U.S. dollar's strength relative to other global currencies has also helped rein in prices for goods, economists said. However, a shift toward higher tariffs and less free trade could serve to push up goods prices "quite significantly," she added. Why there's been deflation for food, travel, electronicsPrices have also declined for items including food, travel and electronics. Travelers have seen deflation for airline fares (prices are down 5.1% annually) amid factors like an increased volume of available seats.

Persons: Olivia Cross, Cross Organizations: Getty, Capital Economics, U.S, AAA, Travelers Locations: U.S, North America, China

☆ New Factories and Jobs Are Not Enough to Stem France’s Far Right Surge
▼ + stars: | 2024-07-05 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

Between abandoned coal mines and an engine plant scheduled for closure, a gleaming new factory hovers like a phoenix over Billy-Berclau, a small industrial town in northern France. Inside, 700 newly hired workers are making next-generation electric vehicle batteries for the Automotive Cells Company — part of a grand project to revive the wider region’s flailing fortunes. A “Battery Valley” is rising here from the remains of industries that shuttered during a wave of globalization. “Industry is an anti-National Rally weapon, because in places where anger has risen, we’re restoring hope,” Roland Lescure, Mr. Macron’s deputy industry minister, said earlier this year. Billy-Berclau, and nearly every other town in this region of Pas-de-Calais handed a resounding victory last week to National Rally in parliamentary elections — a trend that is likely to be repeated in a final voting round on Sunday.

Persons: Berclau, Emmanuel Macron’s, ” Roland Lescure Organizations: Automotive Cells Company, “, Calais, Rally Locations: France, Pas

☆ Forget right or left. Voters are sick of whoever's in charge.
▼ + stars: | 2024-07-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Though some say right-wing movements are on the rise globally, in this year's elections, that's not universally the case. Andy Soloman/UCG/Universal Images Group via Getty ImagesIn short, voters are just fed up — no matter who's in charge. Voters want a chanceGlobally, it's not hard to see an anti-establishment, anti-incumbency trend playing out. So-called "double haters" — voters who dislike both Trump and Biden — have made up an influential chunk of the electorate in recent polls.

Persons: —, that's, Brian Greenhill, Rishi Sunak's, Andy Soloman, Greenhill, Keir Starmer, Rishi, Emmanuel Macron's, Narendra Modi's, Yoon Suk, Joe Biden, Donald Trump, de, Richard Wike, Sweden —, Wike, Mike Kemp, there's, Biden —, Biden, it's Organizations: Service, Business, SUNY, Environmental, Getty, Voters, Labour, Conservative Party, Reuters, African National Congress, NPR, de Maismont, Pew's, Research, Pew Research, Trump Locations: India, France, SUNY Albany, South Korea, —, United States, AFP, Canada, Germany, Greece, Italy, Japan, Netherlands, Spain, Sweden, America

Morgan Stanley hiked its price target on Nvidia to $144, implying upside of 16.5%. It also lifted its 12-month price target to $167 from $143, corresponding to 22% upside. Analyst Krisztina Katai stood by her buy rating for the retail giant but upped her price target to $77 from $71. Analyst James Schneider assigned the stock a 12-month price target of $50, which corresponds to a 21% increase from its Friday closing price. — Lisa Kailai Han 5:47 a.m.: Morgan Stanley hikes its Nvidia price target Nvidia should continue rising as its next generation of chips arrives, according to Morgan Stanley.

Persons: Morgan Stanley, Goldman Sachs, Alexander Blostein, Blostein, Lisa Kailai Han, Krisztina Katai, Katai, — Lisa Kailai Han, James Schneider, Schneider, Moore, Joseph Moore, Blackwell, Hopper, Nvidia's, BIRK, ramping, Jay Sole, Fred Imbert Organizations: CNBC, Nvidia, UBS, Exchange, Intercontinental Exchange, Nat Gas, ICE's Energy, Nat, ICE, Deutsche Bank, Walmart Deutsche Bank, Walmart, Verizon, Birkenstock Locations: Friday's, Asia

☆ 'Shadow Stand-Ins': How Workers Secretly Outsource Their Jobs
▼ + stars: | 2024-06-30 | by ( Rob Price | ) www.businessinsider.com time to read: +20 min

Related storiesThough Remi recruited people she knew, shadow stand-ins are often sourced from a complex online web of faceless providers. Facebook Groups are a popular forum for recruiting shadow stand-ins, providing a two-sided marketplace where workers and providers can connect to one another. The dustup highlighted a key drawback to shadow stand-ins: While alluring, things can go horribly wrong. "It required a lot of micromanaging," said a backend engineer in Pennsylvania who hired shadow stand-ins to help him juggle multiple jobs. Pay rates for shadow stand-ins are "definitely more than what people earn in their regular payday, that's for sure," he said.

Persons: Remi, Zer, couldn't, — Remi, Walter Keane, Margaret, Tim Ferriss, Raj Kumar, isn't, Kevin, Andrew, it's, Lorenzo Matteucci, Brandon Nowak, —, Amber Clayton, Tim Woodruff, Woodruff, they're, Ranjan, Kiran, Rahul, Peter Steele, Michel Anteby, doesn't Organizations: Business, Labor, Verizon, Southwestern, Facebook, Amazon Web Services, BI, Companies, Corporations, Society for Human Resource Management, Secret Service, Department of, Treasury, FBI, LinkedIn, Boston University Locations: Chicago, India, Pakistan, China, Southwestern US, Atlanta, San Jose , California, Bengaluru, American Java, Southeast Asia, United States, Colorado, Southern California, Pennsylvania, Washington, Indian, Michigan, Oregon, England

☆ Voice of Baceprot prepare for Glastonbury debut, metal-mad Indonesia cheers
▼ + stars: | 2024-06-27 | by ( Heather Chen | ) edition.cnn.com time to read: +12 min

“Indonesia is home to the most metal fans in Asia so heavy metal bands love coming to play here,” said Hammersonic CEO Ravel Junardy. Lamb Of God vocalist Randy Blythe performs during Hammersonic in Jakarta, Indonesia on March 9, 2015. Indonesian heavy metal band Death Vomit from Yogjakarta are known for their ferocious and brutal sound. Rajawali IndonesiaGerman metal band Kreator holds up a banner during their performance at the Jogjarockarta festival on January 27, 2024. She first saw them live at a music festival in Singapore back in 2021 and says she is looking forward to their Glastonbury debut.

Persons: Sza, Firda “, ” Kurnia, ”, Marsya, Euis Siti Aisyah, Widi Rahmawati, metalhead –, “, Miikka Skaffari, Firda Kurnia, Tom Morello –, replaying, Malala Yousafzai, VOB, Anthrax, Joko Widodo, Olivia Rondonuwu, Indonesia’s, Sukarno, “ Sukarno, Jeremy Wallach, Suharto, ” Wallach, Metallica, –, Widodo, Metallica’s Robert Trujillo, Jokowi, Metallica's Robert Trujillo, Slipknot, Lamb, God, Ravel Junardy, Randy Blythe, Eddy Purwanto, Dave Mustaine, Corna Irawan, Anas Syahrul Alimi, Anas, “ Dave Mustaine, ” Anas, Kreator, Dougie, Mark LeVine, ” LeVine, LeVine, Faezah Eli Organizations: CNN, Dua Lipa, Coldplay, Jakarta Institute of Arts, Malala, “, ” “, Getty, Western, AFP, Megadeth, Rajawali, Machine, Glastonbury Locations: Indonesia, Britain, Dua, Glastonbury, Indonesian, Damar, Oakland , California, Jakarta, Bay, AFP, ” “ Jakarta, “, West, Southeast Asia, “ Indonesia, Asia, Sweden, Finland, Java, Yogyakarta, Rajawali Indonesia German, Rajawali Indonesia, Surabaya, East, North Africa, Egypt, Singapore, Malaysia, United Kingdom

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