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☆ From trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts
▼ + stars: | 2024-12-18 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +8 min

Zoom In Icon Arrows pointing outwards The Milam family turned its front lawn into a holiday-themed putt-putt course. Decking out the front yard has become an annual tradition for the Milam family since the Covid pandemic. But they planned to spend about 9% more on nongift purchases, with most of that jump coming from holiday decorations. Holiday decor is providing a boost for retailers, even those like Target , Dollar General and Dollar Tree , which have noticed a pullback in other categories. Joe Raedle | Getty ImagesDecor may not save the holidaysYet holiday decor sales may not look as jolly as some companies wish.

Persons: Milam, Dallas, Mike Milam, Rick Gomez, Todd Vasos, Joe Raedle, Chris Butler, Butler, we're, Skelly, Lance Allen, Sheila Wiles, Repko, Brian Harper, Tibaldo, Wiles, Mario, Mike, Katie, Merrick, Nash —, Charly Triballeau Organizations: Home Depot, Walmart, Deloitte, Dollar, Co, CNBC, Walmart U.S, Target, Depot, Afp, Getty Locations: Dallas, Miami , Florida, New Jersey, Dyker Heights, Brooklyn , New York City

☆ Nobel economics prize goes to global inequality researchers
▼ + stars: | 2024-10-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

Three U.S.-based academics won the 2024 Nobel economics prize on Monday for their research into why global inequality persists, especially in countries dogged by corruption and dictatorship. The laureates have demonstrated the importance of societal institutions for achieving this,” said Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences. Last year, Harvard economic historian Claudia Goldin won the prize for her work highlighting the causes of wage and labour market inequality between men and women. In 2019, economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the award for work on fighting poverty. The economics prize has been dominated by U.S. academics since its inception, while U.S.-based researchers also tend to account for a large portion of winners in the scientific fields for which 2024 laureates were announced last week.

Persons: Simon Johnson, James Robinson, Daron Acemoglu, ”, Jakob Svensson, Alfred Nobel, Acemoglu, ” Acemoglu, Johnson, Robinson, Milton Friedman, John Nash —, Russell Crowe, Ben Bernanke, Claudia Goldin, Abhijit Banerjee, Esther Duflo, Michael Kremer, Victor Ambros, Gary Ruvkun, Japan’s Nihon Organizations: Royal Swedish Academy of Sciences, Economic Sciences, Bank, Sveriges, Massachusetts Institute of Technology, University of Chicago, Technology, Federal, Research, Harvard, U.S Locations: U.S, Hiroshima, Nagasaki

☆ Kim S. Nash — Deputy Bureau Chief at The Wall Street Journal
▼ + stars: | 2023-11-29 | by ( Kim S. Nash | ) www.wsj.com time to read: +1 min

Kim S. NashKim Nash is an editor who manages a team of reporters covering cybersecurity and data-privacy issues for The Wall Street Journal's Pro unit in New York. Kim guides her team to write frequently on what works and what doesn’t in corporate cybersecurity efforts, from a management and technological viewpoint. The team also explores how regulatory policy and threats to critical infrastructure help and hinder corporate protection and privacy. Of great importance is how C-suite executives collaborate among each other and with the board of directors to oversee cybersecurity. Kim joined the Journal from CIO Magazine, where she was managing editor, working with freelance reporters and writing cover stories for the then-monthly publication.

Persons: Kim S, Nash Kim Nash, Kim Organizations: cybersecurity, Magazine Locations: New York

☆ Goldman says this little-known biotech stock could more than double
▼ + stars: | 2023-08-08 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Clinical-stage biopharmaceutical company Sagimet Biosciences could see its treatments reach a breakout stage, which could send its share price soaring, according to Goldman Sachs. The stock has been publicly traded since July 14, and it's trading slightly below its IPO level. Investors are focused on upcoming biopsy results of the second phase of the denifanstat study on liver fat levels, said Tan. Positive results from this phase would support advancement into a pivotal phase three study, she added. The "role of FASN in other indications could offer upside," Tan noted.

Persons: Goldman Sachs, NASH, Andrea Tan, Tan, Denifanstat, FASN, — CNBC's Michael Bloom Organizations: Sagimet Biosciences

David Crosby, the legendary singer-songwriter and founding member of the Byrds and Crosby, Stills, Nash & Young, has died, a source close to the musician confirmed Thursday. The two-time Rock & Roll Hall of Fame inductee died after a long illness, his wife said in a statement to Variety. "David was fearless in life and in music," Nash said. Crosby, Stills & Nash — later known as Crosby, Stills, Nash & Young when joined by musician Neil Young — were founded the following year and released a series of hits with "Marrakesh Express," "Just a Song Before I Go," "Woodstock" and others. From left, David Crosby, Stephen Stills, Graham Nash of Crosby, Stills & Nash in San Francisco, on Nov. 23 1991.

Twitch on Tuesday announced a ban on streaming unlicensed gambling sites, including slots, roulette and dice websites, starting next month. More websites may be banned at a later date, Twitch said in a statement posted to Twitter. A number of creators have been pushing Twitch to do something about online gambling streams, citing potential dangers to younger users. Twitch had already prohibited users from sharing links or referral codes to sites that include slots, roulette or dice games. A spokesperson for Twitch said the company has no further comment beyond the statement posted to Twitter.

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