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Investors may like AT & T for its juicy dividend, but the underlying shares also have "significant upside" ahead, according to Goldman Sachs. The Wall Street investment bank sees a number of factors at play that should boost returns for the Dallas-based telecom giant, which pays a dividend yield of 4.89%. Overall, Schneider anticipates sustained EBITDA growth of 3%, which is 100 to 200 basis points faster growth than Wall Street is currently modeling, he said. That sustained improvement on EBITDA growth should warrant a higher multiple over time, he added. The stock, which hit a 52-week high on Monday, is up 37% year to date, excluding the dividend.
Persons: Goldman Sachs, Goldman, James Schneider, Schneider, T's Organizations: Dallas, Verizon, Mobile Locations: United States
Though most abundant in the wild come fall, the flowers are cultivated by Vietnamese farmers year-round. Wild waterlilies are generally white. Each flower blooms for a few hours a day (or night) over the course of three to five days before sinking beneath the surface and dropping its seeds. In the early hours of the morning, at certain temperatures, there’s a brief window when the night bloomers are open at the same time as the day bloomers, which emit a plummy, soapy fragrance. Marc Hachadourian, the director of glasshouse horticulture at the New York Botanical Garden, says that it resembles the smell of Juicy Fruit chewing gum.
Persons: there’s, Marc Hachadourian Organizations: New, Botanical
Value investors believe these companies are undervalued due to temporary issues, market overreactions, or broader economic conditions. The approach is long-term, as value investors wait for the market to recognize the company's actual value, which may take time. On a podcast earlier this year, well-known hedge fund manager David Einhorn of Greenlight Capital lamented that modern-day passive investors pay no attention to "value" of the companies they buy. Outcome Scenarios : If the stock price stays above the strike price, the option expires worthless, allowing the investor to keep the premium as profit. If the stock price falls below the strike price, the option buyer will likely exercise it, obligating the seller to buy the stock at the strike price.
Persons: Benjamin Graham, Warren Buffett, David Einhorn, CNH Organizations: Greenlight, Deere & Co, Agco Corp, Farmers, CNBC, NBC UNIVERSAL
My dad's Greek meatballs have always been part of my family's weekly dinner rotation. They're super easy to make, and you probably already have most of the ingredients. Go to newsletter preferences Thanks for signing up! AdvertisementGrowing up as a Greek American, certain dishes were always part of my family's weekly dinner rotation. But no recipe is as quick and easy as my dad's Greek meatballs — or keftedes, as we call them.
Persons: you'll, Organizations: Service
In the United States, Tex-Mex can often get confused with authentic Mexican recipes. However, Tex-Mex cuisine has evolved into its own category, and can be distinguished by heartier ingredients like cheese, beef, powdered spices and flour tortillas. Whether you’re serving up a plate of sizzling fajitas or a pile of cheesy nachos, Tex-Mex is always welcome on the table. Air Fryer Taquitos and Charred SalsaTaquitos are the ultimate finger food—mini rolled tacos that are warm, cheesy and super crunchy! Matt Armendariz/Food NetworkGet the Recipe
Persons: you’re, Fryer, fryer, melty Colby Jack, chiles, Renee Comet, Matt Armendariz Organizations: Food Locations: United States, Southwestern, Tex, Chile, Mexico
As the "chicken sandwich wars" that dominated the industry in the early 2020s cool off, chains are now preparing for the chicken-tender battle. AdvertisementChicken is a huge area of opportunity for fast-food brandsThe release of Popeyes' iconic chicken sandwich kicked off the chicken sandwich wars. It released a new recipe for its original chicken tenders on October 18, hoping to spark what the chain called the "chicken tender battle." KFC launched a new style of chicken tenders it hopes will start the "chicken tender battle." As chicken tenders gear up for a takeover, chicken sandwich wars are already yesterday's headlines.
Persons: , Gen, Irene Jiang, Gen Z, Popeyes, Burger King, Cane's, Catherine Tan, Gillespie, Erin McDowell, McDonald's, Hollis Johnson, George Felix, Felix, Chipotle, Perdue, It's Organizations: KFC, Service, Business, Restaurant Business, Revenue Management Solutions, Bloomberg, Cane's KFC, New York, Wine, Food Festival Locations: Manchester , New Hampshire, Burger, coleslaw, Texas
BOSTON — The Karen Read murder case has inspired crowds of pink-clad supporters, divided a Massachusetts town and provided juicy content for true crime podcasters. Now, rubber ducks are in the mix. The 65-year-old Schiffer didn’t speak during his brief appearance in Stoughton District Court but greeted several dozen supporters outside. Several wore T-shirts emblazoned with rubber ducks, while some carried American flags or placards supporting Read. Schiffer has been among the dozens of Read supporters who accuse state and local law enforcement of a widespread coverup.
Persons: Karen Read, Richard Schiffer Jr, he’s, Read, John O’Keefe, Schiffer, , ” Schiffer, , Alan Jackson, Timothy Bradl, ” Bradl, don’t, O’Keefe, Brian Albert, Brian Albert’s, Chris Albert, Aidan Timothy Kearney, ” Turtleboy, Rich, we’re Organizations: BOSTON, Boston, Canton, Norfolk, Attorney’s Locations: Massachusetts, Stoughton District, , Boston, Canton, O’Keefe’s neighborhood
Can a tenured professor be fired for making porn? "We don't want to be known as Porn U," said Betsy Morgan, who replaced Gow as interim chancellor. Leitner presented Gow's videos as part of his broader advocacy of nonmonogamy. The regents, Gow said, "are willing to fire me for the short-term goodwill they get with the far right." He puts Gow's online porn in the same category as "posting inflammatory personal, political opinions on social media."
Persons: Joe Gow, Carmen Wilson, , Gow, Wilson, It's, Zach Greenberg, Betsy Morgan, Morgan, Tom Ginsburg, He's, Gow's, Wade Harrison, Roe, Donald Downs, Simone Lueck, undergrads, Harrison, Jay Hart —, Tom, Jerry Bui, Bui, unswayed, Mark Leitner, Leitner, Banner, Keith Whittington Harrison, Dr, Aweek, he's, Keith Whittington, they've, McCarthy Organizations: University of Wisconsin, UW, La, Foundation, Rights, Forum, Free, University of Chicago, Diego, Republican, Academia, Yale, Freedom Alliance, University Locations: La Crosse, Mississippi, America, Wisconsin, Onalaska, San Diego, foreplay, Madison, Milwaukee, Yale
I tried making Ina Garten's recipe for New York strip steaks on my charcoal grill. I'd definitely try Garten's unique steak-grilling method again. Recently, I tried Garten's method for grilling New York strip steaks — a very specific way of cooking the thick cuts of meat that resulted in some of the most delicious steaks I've ever made at home. AdvertisementSo, I was excited to try out Garten's grilled New York strip steak recipe, which cost me just under $30 to make. Here's what it was like to try Garten's recipe at home.
Persons: Ina Garten's, I'd, , I've, Ina Organizations: Service, Food, US Foods Locations: New York
Life is too short to eat dry meat, so try brining. Brining creates flavorful, juicy proteins. Svittlana/ShutterstockYou've probably heard of brining, which rose to popularity in the early 2000s and involves soaking a turkey in gallons of salt water. Once I switched to dry brining, I never looked back. Just fill a lidded bowl with your brine mixture and soak the chicken in it for at least 30 minutes.
Persons: Brining, Shutterstock You've
The feature uses the information you feed it to create a "deep dive" discussion hosted by two AI hosts. Based on the information you feed it, it generates a "deep dive," podcast-like discussion hosted by two AI hosts. Related storiesTo my surprise, this NotebookLM-generated podcast exceeded anything I'd heard so far in terms of AI voice quality. Like any AI tool though, Audio Overviews isn't perfect. Audio Overviews is probably my favorite AI tool I've tried out so far — and it showcases the innovative ways AI can be used in our daily lives.
Persons: Google's NotebookLM, , livia M oore, ingle, hough, hatter, ike, oices Organizations: Service Locations: NotebookLM
President Joe Biden welcomed the deal, saying it would secure the effective operation of Diego Garcia, a strategically important air base in the Indian Ocean, into the next century. But critics in Britain said it was a capitulation that played into the hands of China, which has close trade ties with Mauritius. Britain, which has controlled the region since 1814, detached the Chagos Islands in 1965 from Mauritius — a former colony that became independent three years later — to create the British Indian Ocean Territory. The new agreement said Mauritius would be free to implement a program of resettlement on the islands other than Diego Garcia, with the terms left for Port Louis to decide. David Blagden, associate professor of international security and strategy at Britain’s University of Exeter, said the deal was a “big win” for Mauritius.
Persons: Diego Garcia, Joe Biden, David Lammy, , ” Lammy, Biden, , Diego Garcia’s, Port Louis, Pravind Jugnauth, Olivier Bancoult, ” “, Keir Starmer, Tom Tugendhat, Britain’s, ” Robert Jenrick, Matthew Miller, ” Miller, David Blagden, Organizations: British, Mauritius —, United Nations General Assembly, Diego, Port, Refugees Group, Facebook, Labour Party won, Conservative Party, Conservative, State, Britain’s University of Exeter, Port Louis Locations: Mauritius, Britain, China, Africa, Iraq, Afghanistan, United States, Ocean, Seychelles, Mauritian, Beijing
Over the 12-month period ending June, about 2 of 3 active bond managers trounced their average passive counterpart, according to a recent analysis from Morningstar . There were a few tailwinds in active managers' favor. With the Fed recently cutting rates by a half point — and Chair Jerome Powell noting that two more quarter-point cuts could be in the cards this year — a new challenge awaits these active bond funds. As interest rates fall, active managers can position accordingly, said Roger Hallam, global head of rates at Vanguard. "We expect active managers to make a little more, and they should be because they're doing more trades and it costs more to manage active portfolios," said Olmsted.
Persons: , Ryan Jackson, Jerome Powell, it's, Jackson, Paul Olmsted, Roger Hallam, wouldn't, Hallam, Morningstar, Olmsted Organizations: Federal Reserve, Morningstar, Vanguard, Bond Fund, SEC
Amazon's Rufus AI chatbot answers questions about products and recommends items. The new chatbot illustrates Amazon's complicated relationship with copycat items: The company forbids selling counterfeit or illegally replicated products on its platform. Amazon has warehouses full of products that don't have brand names that people would immediately recognize but might be similar to those brands' products. In theory, Rufus should be able to help — AI should help people compare similar items and answer questions about them. For now, Amazon's Rufus probably won't.
Persons: Rufus, , It's, Maria Boschetti, Jennifer Ortakales Dawkins, Charlotte, you've, TikTokers, Amazon's Rufus Organizations: Service, Amazon, Adidas Locations: Sephora, Charlotte Tilbury, Supergoop
But my love story with Chez Janou began years prior, on a chilly January night. A picture I snapped of the scallops at Chez Janou in January 2020 — please ignore the iPhone 8 camera quality. Then came the famous chocolate mousse that had first tempted me through Chez Janou's doors. The chocolate mousse makes for good clicks, but it's also legitimately delicious. They recommend ordering the fried sardines, juicy and crisp duck — which Kaitlyn said was one of the best she's ever tried — ratatouille, and, of course, the chocolate mousse.
Persons: Chez Janou, raved, , it'd, Herrine Ro, Ro, Janou, Andy, Kaitlyn Seo, it's, haven't, Kaitlyn, I've Organizations: Chez, Service, Business, La Maison, Grange Locations: Paris, Paris —, La, France
Trader Joe's Fall Harvest salsa had an unusual sweetness that I didn't care forThe Fall Harvest salsa isn't the only seasonal dip Trader Joe's has for fall. Trader Joe's pumpkin-spice granola bark was thicker than I expectedTrader Joe's pumpkin-spice granola bark was thick. I used Trader Joe's pumpkin brioche to make a lovely French toastTrader Joe's pumpkin brioche is a unique fall take. Trader Joe's pumpkin 4-cheese Greek-yogurt dip had way too many competing flavorsI was not a fan of this Trader Joe's dip. Trader Joe's pumpkin pancake and waffle mix can elevate your fall breakfast gameTrader Joe's pumpkin pancake and waffle mix was incredible.
Persons: , I've, Joe's, Wilson, I'm, I'd, they're, Savanna, empanadas, Wilson I, hummus, Wilson I'm, it's, Joe, dente, you've Organizations: Service, Business, Wilson Apple, Pretzel Slims, Joe's Pretzel Slims, Wilson Locations: Savanna, globs, Swain, Monterey Jack, chiles, Brussels
I wanted to taste a descendant of those ancient peppers, Peru’s native ají amarillo. Now it was time to learn how this distillation of ají amarillo manifested in local dishes. I felt as if this might be the closest I’d yet come to really tasting ají amarillo, its frank optimism, its essence as a fruit. The ají amarillo sauce was frozen into a shimmery yellow dust that turned to leche de tigre on the plate. Then came the soup, made of ají amarillo gone long on the stove with fish stock and fermented corn.
Persons: We’ve, chiles, jolokias, Chiles, amarillo, Lomo, Nicholas Gill, ceviche, Papacho, Rocio Cuba, Pisco Sours, midthrash, couldn’t, Maido, Mitsuharu Tsumura, Tsumura, leche, Ligaya, Luisa Dörr Organizations: chiles, Chorrillos, T Magazine Locations: Peru, Scotch, habaneros, Trinidad, South America, Andes, amarillo, Lima, Spanish, ají, leche, tigre, leche de tigre, La, jaladito, Brazilian, Bahia
We have a handful of them in the Club's portfolio, led by Best Buy . The five Club stocks with the biggest dividend yields fit the bill: Best Buy, Morgan Stanley , Coterra Energy , Stanley Black & Decker and Wells Fargo . Best Buy, Stanley Black & Decker and Wells Fargo are the best positioned of the five top-yielding Club stocks. "Morgan Stanley is now in no man's land: Too low to sell, too high to buy," Jim said. Customers look at appliances for sale at a Best Buy store in Miami, Florida, Oct. 8, 2021.
Persons: we're, Morgan Stanley, Stanley Black, Decker, Wells, Wells Fargo, Jim Cramer, Jim, Charlie Scharf, Coterra, it's, Jim Cramer's, Joe Raedle Organizations: Best, Coterra Energy, BBY, JPMorgan, Texas, Jim Cramer's Charitable, CNBC, Getty Locations: U.S, Wells Fargo, Miami , Florida
Here's a rapid-fire update on all 32 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. AMD shares have caught a bid in recent days, but they're still cheap considering the growth of its AI processors. Broadcom : Investors who don't own any Broadcom yet should consider starting a position here, Jim said. Although it's tempting to offload shares, Jim said to stick with Honeywell for now because there's huge value in individual businesses like aerospace. There's little negative to say about this portfolio stock.
Persons: Jim Cramer's, Jim, Apple, haven't, it's, that's, he'll, Bob Iger, Bob Chapek, Larry Ellison, Biogen, Eli Lilly, Lowe's, Vimal Kapur, We'd, Linde, Lilly, Morgan Stanley, Goldman Sachs, It's, Jensen Huang, Kamala Harris, Republican Donald Trump, CrowdStrike, Palo, — we're, we're, Brian Niccol, Sands, Stanley Black, Decker, Wells, Charlie Scharf's, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Abbott Laboratories, Abbott Labs, AMD, Amazon, Web, Broadcom, VMWare, Federal Reserve, Costco Wholesale, Coterra, DuPont, New York Times, Oracle, GE Healthcare, GE, Honeywell, Linde, Microsoft, Nvidia, Republican, Palo Alto Networks, Palo, Procter & Gamble, Procter, Gamble, Constellation Brands, Modelo, Stanley, TJX, Marshalls, Jim Cramer's Charitable, Traders, New York Stock Exchange, AFP, Getty Locations: Nvidia's, San Francisco, China, Dover, United States, industrials, OpenAI, Palo Alto, Wells Fargo
Last week, three online banks cut their 1-year CD rates, according to BTIG. Meanwhile, Synchrony slashed its online savings rate by 10 basis points to 4.65%. "We believe online banks are intentionally trying to shift customers toward savings rates, which are floating, over term rates," he said. The annualized seven-day yield on the Crane 100 list of the 100 largest taxable money funds is 5.11%, as of Monday. With both high-yield savings and money market funds, the rates can fluctuate.
Persons: Marcus, Goldman Sachs, Sallie Mae, Synchrony, Jerome Powell, Vincent Caintic, Christine Benz, Benz, Winnie Sun, Cathy Curtis, Curtis Organizations: Federal, Morningstar, Federal Deposit Insurance Corp, Sun, Wealth Partners, CNBC, Money, Curtis Financial, Treasury Locations: Capital
Opinion | There Is Still a Biden Scandal
  + stars: | 2024-08-10 | by ( Ross Douthat | ) www.nytimes.com   time to read: +1 min
One of the Biden White House’s greatest achievements, from the perspective of its staffers, if not necessarily the country, has been to deny the press the kind of juicy leaks that were constant under Donald Trump and frequent under his predecessors. For instance, we learned that Biden hadn’t held a full cabinet meeting since last October and that his handlers expected scripted questions from his cabinet officials. We learned that his capacities peak between 10 a.m. and 4 p.m. and diminish outside that six-hour window. We learned that congressional Democrats, liberal donors and some journalists all had exposure to Biden’s decline that they didn’t discuss publicly until the debacle of the June debate. We learned that none other than Hunter Biden was acting as a close adviser to his father in the crucial days after that debate.
Persons: Biden White, Donald Trump, Biden hadn’t, Hunter Biden Locations: United States
It’s that “interconnectedness” that makes Māori ideal stewards of Aotearoa New Zealand, Parkin-Rae says. Whenua (Land)The work at Oaro River is part of a reforestation and predator control project led by Te Rūnanga o Kaikōura, a Māori tribal council in Kaikōura. Thomas Kahu, left, and Wiremu Stone are both descendants of Paikea the whale rider and work for Whale Watch Kaikōura. A Whale Watch Kaikōura boat full of tourists viewing sperm whales off the coast of South Island, New Zealand. Alaa Elassar/CNN“Incorporating te ao Māori (the Māori world) into our work is valuable to all of Aotearoa.
Persons: , New Zealand CNN — Justin Parkin, Rae, Te Waipounamu, Tamati, ” Wikiriwhi, Parkin, Justin Parkin, Alaa Elassar, Ngāti, Ngāi Tahu, , , , Te, Rawiri, kawau, toto, ā roto, it’s, ” Parkin, Thomas Kahu, Kahu, Tim Clayton, Corbis, ” Kahu, Māori, Wiremu Stone, Takoko, ” Takoko, ” Rangi, Daniel Gaussen, Aoraki Mackenzie, Sanka, ” Gaussen, CNN Mikey Ratahi, ” Ratahi, Gaussen, ” Kaitiaki, Kaikōura, Elassar, tangata whenua, don’t, it’ll Organizations: , New Zealand CNN, New Zealand, CNN, CNN Aotearoa New Zealand’s Ministry, Environment, Aotearoa New Zealand, Rawiri Manawatu, Manawatu, Aotearoa New, Whale Watch, Aotearoa New Zealand’s Department of Conservation, CNN Whale Watch, Conservation International Aotearoa, Pacific Whale Fund, Ocean Initiative, Aoraki, Sky Reserve, Southern, Sky Resource, University of Canterbury, Ministry Locations: , New Zealand, New, Māori, Aotearoa, Alaa, CNN Aotearoa, Ngāi, Aotearoa New, Oaro, Te Rūnanga, Kaikōura, Rūnanga, ” Moana, Aotearoa New Zealand, South Island , New Zealand, wonderment, Mackenzie, Lake Takapō, Mana, Wai, Zealanders,
The recent unwinding of the yen "carry trade" could remain a long-term headwind amid already turbulent markets. JPY= YTD mountain The Japanese yen's appreciation against the U.S. dollar marked the unwinding of the so-called carry trade. "There's still quite a significant yen short position out there," Osborne said. He estimates that there is still a roughly $15 billion yen short position through July 30, still to be covered. In other words, that short position could drive more strength in the yen as that position is covered.
Persons: , Shaun Osborne, Osborne, Everyone's, Rob Ginsberg, Ginsberg, FedWatch, Ben Emons Organizations: Bank of, U.S, Scotiabank, U.S . Federal Reserve, Bloomberg, Wolfe Research, Swiss Locations: Bank of Japan, Japan
Opinion | Tim Walz Is Vibing
  + stars: | 2024-08-09 | by ( Michelle Cottle | Ross Douthat | ) www.nytimes.com   time to read: +39 min
michelle goldbergI mean, I’m a huge Walz fan, and I was worried. ross douthatSo, yeah, I mean, I’m having made the case that this pick makes sense in vibes terms. michelle goldbergYeah, I don’t think that he necessarily overperforms among conservative voters strictly defined. You don’t think that there’s a part of the country that just finds joy like a really refreshing change? I’m going there.
Persons: ross douthat I’ve, Bon Iver, Taylor Swift, I’ve, michelle cottle Oh, ross douthat, michelle goldberg, michelle cottle, Vance, I’m Michelle Cottle, Ross Douthat, Ross, Michelle Goldberg, Michelle, Harris, Kamala — Kamala — michelle goldberg Kamala, nomenon, Kamala, Chappell Roan, I’m, Frenchman, we’ll, Kamala Harris, Tim Walz, Josh Shapiro, it’s, Donald, JD Vance, Donald Trump, Biden, Walz, Sarah Longwell, Shapiro, Trump, ross douthat Let’s, It’s, that’s, John Fetterman, we’ve, Michelle Cottle, relatability, Jared Golden, Joe Manchin, Mary Peltola, , Bernie, you’ve, who’s, Josh Shapiro doesn’t, don’t, you’re, Shapiro wasn’t, JB Pritzker, The New York Times ”, here’s Shapiro, Netanyahu, Donald Trump’s, John Kerry, — ross douthat, , we’re, Bone, michelle goldberg Ross, George Floyd’s, there’s, George Floyd, That’s, It’s Trump, michelle cottle Ross, Joe Biden, Hillary Clinton, ross, hadn’t, “ Trump, MAGA, michelle cottle It’s, he’s, she’s, Tucker Carlson, — michelle cottle, ross douthat —, doesn’t, chameleons, He’s, McKay Coppins, it’s Kamala, Sarah Palin’s, John McCain, Mike Pence, Dick Cheney, George W, , michelle cottle “ Sunny, ” ross douthat, Rashida Jones, — ross, ” michelle goldberg, michelle cottle Juicy, “ Severance, michelle cottle Nice Organizations: “ New York, Minnesota, Twitter, Republican, Trump, Democratic, America, Democratic Party, Dartmouth, Biden, The New York Times, Bone Spurs, Vance, Republicans, Air Force, Atlantic, Democrat Locations: Tay, , Pennsylvania, Brooklyn , New York, Wisconsin, San Francisco, relatability, America, Maine, Alaska, California, Israel, Palestine, Minnesota, Italy, Minneapolis, Afghanistan, Ukraine, Trump, United States, Michelle, Kyoto, Japan
After 2 seasons under the radar, 'Industry' is poised for its breakout seasonHarper (Myha'la) has a new role in season three of "Industry." With the "Summer of the Finance Bro" in full swing, could this be the season "Industry" finally cuts through the noise? AdvertisementWorking in finance didn't prepare the 'Industry' cocreators for running a TV setMickey Down and Konrad Kay on the set of "Industry" season three. But they were delighted to hear from some cast and crew members who told them how much they enjoyed working on season three. "I really credit finance with pushing me towards it, because it's the polar opposite of finance in some respects," Down says.
Persons: , Mickey Down, I'm, Harper, Simon Ridgway, Konrad Kay, thrums, Bro, Kay, didn't, Jami O'Brien, They're, Yasmin, Marisa Abela, inflicts, Indy Lewis, Kenny, Conor MacNeill, Henry Muck, Kit Harington, intertwines, HBO Rich, you'd, who's, Jamie O'Brien Organizations: Service, Business, HBO, Rotten, Venetia Locations: London
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