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☆ Here’s where money managers are seeking income at mid-year as rates stay high
▼ + stars: | 2024-07-05 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

The prospect of "higher for longer" rates has also made short-term fixed income assets especially attractive. "We had a lot of investors who were in, if not cash, then sub-2-year duration fixed income at the start of the year." Takeaways for investors It doesn't hurt for retail investors to review their fixed income allocation now that the year is halfway over. A combination of fixed income assets may be what it takes to benefit from today's higher rates, lock in yields and capture rising prices once the Fed cuts. "We don't buy that there's one fixed income asset class that you should tilt toward," said Calcagni.

Persons: –, Don Calcagni, it's, Shannon Saccocia, Neuberger Berman, Michael Rosen, Rosen, Janus Henderson, Vishal Khanduja, Eaton Vance, Khanduja, Callie Cox Organizations: Federal Reserve, FedWatch, Investment Company Institute, Money, Mercer Advisors, Investors, Municipal, Angeles Investment Advisors, AAA CLOs, Janus Henderson AAA CLO, SEC, Morgan Stanley Investment Management, Bond, Ritholtz Wealth Management, Stay Locations: Santa Monica, Calif

☆ Gaten Matarazzo shares 'upsetting' encounter he had with a woman in her 40s who said she had a 'crush' on him when he was 13
▼ + stars: | 2024-05-29 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +1 min

Gaten Matarazzo recounted an uncomfortable fan interaction at a recent convention. The actor said a woman in her 40s told him she had a "crush" on him when he was 13 years old. Advertisement"Stranger Things" star Gaten Matarazzo recalled an "uncomfortable" interaction with a fan at a convention, saying that a mother told him that she liked him as a child in front of her own daughter. Matarazzo appeared on the "Inside of You with Michael Rosenbaum" podcast on Tuesday, chatting with the host about "Stranger Things" and his career. During a segment on the podcast, Rosenbaum asked a question submitted by one of his listeners: Did Matarazzo have any funny convention stories?

Persons: Gaten Matarazzo, —, Matarazzo, Michael Rosenbaum, Rosenbaum Organizations: Service, Business

☆ Jim and Pam Knew How to Survive a Soul-Crushing Office
▼ + stars: | 2024-04-08 | by ( Alexandra Molotkow | ) www.businessinsider.com time to read: +20 min

Office crushes, in all their mercurial glory and pain, continue to shape our working lives in deeply meaningful ways. But through all these changing norms, workplace crushes remain remarkably common. Jim, after all, doesn't even ask Pam on a date until the season-three finale of "The Office." That most workplace crushes never lead to consummated relationships doesn't make them any less powerful. An admitted serial crusher, she still gets work crushes — last year she counted "a solid eight."

Persons: Derek, Brendan, Michael Rosenfeld, Manny, Sean Horan, we're, she'd, Karis, Stefan, Darcy, —, Helen Fisher, Lakshmi Rengarajan, Rengarajan, smolder, Jim, Pam, I've, it's, I'd, Slack, Mikel Jaso, didn't, couldn't, weirdly, they'd, Johnny C, Taylor Jr, MeToo, Ayear, Tiana Reid, texted Derek, Alexandra Molotkow Organizations: Society for Human Resource Management, Stanford, Fairfield University, Match.com, BI Karis, Society for Human, York University Locations: New York City, Singapore, Brendan's, New York, Chicago, Toronto

☆ 13 Marvel movie actors who struggled with starring in the superhero franchise
▼ + stars: | 2024-02-07 | by ( Ayomikun Adekaiyero | Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Kumail NanjianiKumail Nanjiani at the 75th Primetime Emmy Awards, and as Kingo in "Eternals." He explained that Marvel had faith in the 2021 movie, and sent the cast on a global tour. Nanjiani said he wasn't the only person who worked on the Marvel movie that struggled with the harsh reaction they got. He explained: "We actually just got dinner with somebody else from that movie and we were like, 'That was tough, wasn't it?' and he's like 'Yeah, that was really tough,' and I think we all went through something similar."

Persons: Kumail, Nanjiani, Gilbert Flores, Chloe Zhao's, Michael Rosenbaum, Marvel, Emily Organizations: Variety, Getty Images, Marvel

☆ What we can expect from 'Deadpool 3,' starring Ryan Reynolds and Hugh Jackman
▼ + stars: | 2023-11-14 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

Read previewA third "Deadpool" film is in the works, starring Ryan Reynolds as the titular Marvel mercenary and anti-hero. This time around, Reynolds will be joined by his longtime friend Hugh Jackman, who's reprising his role as Logan/Wolverine. According to Jackman, 'Deadpool 3' will take place before 'Logan'Hugh Jackman as Logan/Wolverine in "Logan." "And the fact that he's going to be on our 'Deadpool' set each and every day is nerve-wracking for me. 'Deadpool 3' is currently set for release on July 26, 2024Ryan Reynolds and Hugh Jackman in "Deadpool 3."

Persons: —, Ryan Reynolds, Reynolds, Hugh Jackman, who's, Logan, Shawn Levy, Jackman, Wolverine, James Mangold's, Deadpool, Hugh, Wade, he's, Emma Corrin, Jordan Strauss, It's, Matthew Macfayden, Matthew Macfadyen, Jae C, Tom Wambsgans, Morena, Morena Baccarin, Vanessa, Baccarin, Michael Rosenbaum, everybody's, Karan Soni, Leslie Uggams, Al, Stefan Kapicic, Rob Delaney, Peter, Brianna Hildebrand, Shioli Kutsuna, Yukio, Jennifer Garner, Elektra Jennifer Garner, Elektra, Fox Garner, Ben Affleck, Garner, AFTRA, @ShawnLevyDirect, @VancityReynolds Organizations: Service, Marvel, Business, Collider, Disney, Fox, Canada, Twitter, Hollywood, Etalk, Hollywood Reporter, Marvel Studios, British, SAG Locations: Logan

☆ MP Materials profit beats, starts some rare earths refining
▼ + stars: | 2023-08-03 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

(Reuters) -Rare earths miner MP Materials posted a better-than-expected quarterly profit on Thursday and said it has started refining small amounts of the strategic metals in California. A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020. China is the world’s largest producer and consumer of rare earths and rare earth magnets. For the past three years, MP has processed rock that it extracts from its California mine into rare earths concentrate. That concentrate is sent to Chinese partners where it is further processed into neodymium and other rare earth metals used to make magnets.

Persons: Steve Marcus, ” Michael Rosenthal, we’ll Organizations: Reuters, REUTERS, Las Locations: California, Pass , California, U.S, China, Las Vegas

☆ ‘Madonna’ at 40: An oral history of the Queen of Pop’s debut album
▼ + stars: | 2023-07-29 | by ( Dan Heching | ) edition.cnn.com time to read: +16 min

“Madonna” the album served as an explosive entry for the trained dancer-turned-singer on the road to being so much more. There was a boombox in the room, and Rosenblatt played her demo again for Stein while Madonna was there. But before that it didn’t (exist).”Still, Rosenblatt knew a star when he saw one, and Stein agreed. “We met everybody and everybody loved her, everybody just loved her. “I wanted to make people happy, I wanted to be famous, I wanted everybody to love me.

Persons: CNN —, “, Michael Rosenblatt, Madonna –, –, ” Rosenblatt, ’, ‘, ” “, ”, Madonna, Michael McDonnell, ” Bobby Shaw –, Mark Kamins, Danceteria ” Rosenblatt, George Michael, Andrew Ridgeley, we’re, ’ ” Rosenblatt, Mark, Peter Noble, Rosenblatt, I’m, ’ ”, it’s, Dick Clark, Seymour Stein, Stein, Seymour, wasn’t, Debbie Harry, Everybody’s, Bobby Shaw’s, didn’t, ” Shaw, there’s, Shaw, Reggie Lucas –, John ‘ Jellybean ’ Benitez, ’ ” Stein, “ We’re, Michael Ochs, Mo Ostin, Lenny Waronker, Lucas, Benitez, Christopher Ciccone, James Colburn, Madonna’s, Olivia Newton John, ‘ Seymour, she’s, she’d, Barbara Streisand, Marilyn Monroe, ” Madonna Organizations: CNN, Sire Records, Garment, Alamy, ‘, Warner Bros . Records, Warner Records, Warner Bros, Warner, Garden, Michael Ochs Archives, West, ”, MTV, Radio City Music Hall, ZUMA Press Locations: New York City, York City, New York, Michigan, Paris, England, Danceteria, , New York City, Munich, Los Angeles, LA, West Coast, “, Florida, Fort Lauderdale, Key

[1/2] Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland March 19, 2023. UBS will buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) and agreed to assume up to $5.4 billion in losses as it winds down the smaller peer's investment bank after a shotgun merger engineered by Swiss authorities. The U.S., UK and Swiss central banks are all scheduled to meet in the week ahead. Even after Sunday's news on Credit Suisse, optimism from analysts was laced with caution and some scepticism. Others drew attention to the losses likely to be suffered by Credit Suisse junior bondholders.

The ECB vowed to support euro zone banks with loans if needed, adding the Swiss rescue of Credit Suisse was "instrumental" for restoring calm. [1/6] Chairman of the Board of Directors of UBS, Colm Kelleher and Chairman of the Board of Directors of Credit Suisse, Axel Lehmann attend a news conference on Credit Suisse after UBS takeover offer, in Bern, Switzerland, March 19, 2023. The Swiss central bank said Sunday's deal includes 100 billion Swiss francs ($108 billion) in liquidity assistance for UBS and Credit Suisse. Credit Suisse shareholders will receive 1 UBS share for every 22.48 Credit Suisse shares held, equivalent to 0.76 Swiss francs per share for a total consideration of 3 billion francs, UBS said. Under the deal with UBS, some Credit Suisse bondholders are major losers.

☆ UBS to take over Credit Suisse, central banks act on liquidity
▼ + stars: | 2023-03-19 | by ( Reuters Staff | ) www.reuters.com time to read: +13 min

LONDON/NEW YORK (Reuters) -UBS sealed a deal to buy rival Swiss bank Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss authorities said on Sunday. FILE PHOTO: The logo of Credit Suisse is pictured in front of the Swiss Parliament Building, in Bern, Switzerland, March 19, 2023. The reports that UBS is acquiring Credit Suisse will likely magnify Credit Suisse’s problems by moving them to UBS... The Credit Suisse issues are not new and needed to be resolved years ago. A legal challenge by Credit Suisse shareholders, who will claim that their property has been illegally confiscated, is guaranteed.

[1/2] Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland March 19, 2023. UBS will buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) and agreed to assume up to $5.4 billion in losses as it winds down the smaller peer's investment bank after a shotgun merger engineered by Swiss authorities. The failure of two U.S. banks and a rout in Credit Suisse shares have sent shock waves through markets over the past week, reviving memories of the 2008 financial crisis. The U.S., UK and Swiss central banks are all scheduled to meet in the week ahead. Others drew attention to the losses likely to be suffered by Credit Suisse junior bondholders.

☆ Wall St dips as Treasury yields rise after auction
▼ + stars: | 2023-02-10 | by ( Carolina Mandl | ) www.reuters.com time to read: +4 min

"With Treasury yields higher, it becomes a legitimate alternative to equities," said Michael Rosen, chief investment officer at Angeles Investments. Weighing on the S&P 500 (.SPX) and Nasdaq (.IXIC) indexes, Alphabet Inc (GOOGL.O) extended losses from the previous session to fall 4.7%. All 11 S&P 500 sectors posted losses. More than half of the S&P 500 companies have reported quarterly earnings so far, and 69% of them have beaten estimates, according to Refinitiv data. The S&P 500 posted 15 new 52-week highs and one new low; the Nasdaq Composite recorded 75 new highs and 57 new lows.

☆ Albertsons $4 bln dividend kept on hold by Washington court
▼ + stars: | 2022-11-11 | by ( Mike Scarcella | ) www.reuters.com time to read: +2 min

[1/2] A customer leaves an Albertsons grocery store, as Kroger agrees to buy rival Albertsons in a deal to combine the two supermarket chains, in Riverside, California, U.S., October 14, 2022. Lawyers for Albertsons and Washington state, which sued over the dividend, agreed at a hearing on Thursday to allow the temporary hold to run at least until Schubert's hearing. Schubert said in court that he believes the state faces an "uphill" legal fight to block the dividend. He said he was not aware of a case in which a court granted an injunction in a similar dispute. A lawyer for Washington state, Eric Newman, said on Thursday that the court was moving too quickly.

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