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But it is Washington’s kids — John David Washington, Malcolm Washington and executive producer Katia Washington — who have taken the baton for “The Piano Lesson,” one of Wilson’s two Pulitzer Prize-winning works. Skylar Smith as Maretha in “The Piano Lesson.” Brian Douglas / NetflixJohn David told NBC News he was pulled to “The Piano Lesson” because “I needed to find myself. And where I was at that time, ‘The Piano Lesson’ was the salve for that,” he said. Malcolm Washington, John David Washington, Danielle Deadwyler and Samuel L. Jackson with students after a screening of “The Piano Lesson” at Morehouse College in Atlanta. It’s just beautiful to do that.”“The Piano Lesson” is in theaters now and will begin streaming on Netflix Nov. 22.
Persons: Denzel Washington, John David Washington, Malcolm Washington, Katia Washington —, John David, “ Till, Danielle Deadwyler, Malcolm, John David’s, Willie, he’s, Berniece, Deadwyler, Skylar Smith, ” Brian Douglas, Netflix John David, , ” Malcolm, , , , Julie Dash’s, Barry Jenkins ’ Oscar, ” Deadwyler, ” Danielle Deadwyler, Boy Willie, Ray Fisher, Samuel L, Jackson, Doaker Charles, ” David Lee, Jackson’s Doaker, LaTanya Richardson Jackson, Doaker, Lloyd Richards, Isaiah Gunn, Young, Michael Potts, Wilson, Denzel, Viola Davis, Oscar, Washington, Davis, Chadwick Boseman’s, Charles Dutton, Alfre Woodard, Katia, Pauletta, Olivia Washington, Weeks, Spelman Organizations: Globe, Netflix, NBC News, Yale Repertory Theatre, Broadway, Morehouse College, Spelman College, Morehouse Locations: Pittsburgh, Mississippi, Denzel Washington, Washington, Pauletta Washington, Atlanta, John David’s alma,
Trump’s supporters see him as a unique figure whose blunt, sometimes vulgar and often racially suggestive rhetoric reveals him as a scourge of political correctness. Austin Steele/CNN Trump supporters hold up posters that read "47" as they attend an election watch party in Chandler, Arizona. Go Nakamura/Reuters Trump supporters cheer at his election night watch party in West Palm Beach. George Walker IV/AP Trump supporters watch election results come in at his election night party at the Palm Beach County Convention Center. Patrick T. Fallon/AFP via Getty Images Trump and his wife, Melania, walk up to the press after voting in Palm Beach, Florida, on Tuesday.
Persons: Donald Trump, Trump, , Kamala Harris, Joe Biden’s, Trump’s, he’s, Harris, Jack Smith, Melania, Barron, , Will Lanzoni, CNN Trump, Ian Maule, Austin Steele, Go Nakamura, Jeff Roberson, Vincent Alban, Chet Strange, Leah Charles, Tianna Adams, George Walker IV, Christian Monterrosa, Shelby Knowles, Jason Bean, Rebecca Blackwell, Leah Millis, Brynn Anderson, Matt York, Paul Kuehnel, David Robert Elliott, Nathan Howard, San Francisco Columbarium, Jeff Chiu, Nicole Craine, Ernesto Benavides, Steven Vandenburgh, Charlie Riedel, Lindsey Wasson, Andres Leighton, Butch Wilmore, Suni Williams, Nick Hague, Don Pettit, Hague, Eva Marie Uzcategui, Matt Slocum, Susan B, Anthony, Lauren Petracca, Richard Burkhart, Ronald Reagan, Chris Pizzello, Rebecca Droke, Jay Janner, Ken Brandon, Charlie Neibergall, Scott Morgan, John Locher, Jordan Dunson, Chris Lachall, Bill Clark, David Goldman, David Dee Delgado, Suzanne Kreiter, Ryan Collerd, Joseph Prezioso, Charles Rex Arbogast, Patrick T, Fallon, Evan Vucci, Nam, Rebecca Cook, Elijah Nouvelage, Ed Jones, Jonathan Drake, Reuters Ohio Sen, JD Vance, Carolyn Kaster, Carlos Berríos Polanco, Skye, Quinn Glabicki, Jose Luis Magana, RJ Sangosti, Robyn Beck, Zach Boyden, Holmes, Mike Stewart, Carlos Osorio, Steven Senne, David Paul Morris, Kayria Hildebran, Jenny Kane, Joe Biden, Craig Hudson, Bing Guan, Scott Olson, Lynne Sladky, Allison Joyce, Megan Varner, Scott Graham, Adam Bettcher, RONDA CHURCHILL, Hillary Clinton, , Smith, Mostafa Bassim, Vladimir Putin, Trumpism, Mike Pence, Sen, Stephen Maturen, Grover Cleveland Organizations: CNN, Washington, Trump, GOP, Republican Party, Capitol, ” Overseas, Howard University, CNN Trump, Reuters Trump, West Palm Beach, Republican, Reuters, Carolina, AP Trump, Convention, Center, Bloomberg, Getty, Empire, People, Reno Gazette, USA, Florida's, AP Observers, Spelman College, AP, York Hospital, Kansas City Urban Youth Academy, New York Times, CNN Howard University, San Francisco, AP Voters, NASA, Space, Mount Hope, Savannah Morning, Voters, Ronald Reagan Presidential, Austin American, Statesman, Hartford Memorial Baptist Church, Honda, Allegiant, Las Vegas Raiders, First Presbyterian Church, City, Inc, First Presbyterian, of, Boston Globe, Getty Images Trump, College Park ,, Getty Images Workers, Sipa, US, Denver Post, City of, Reuters Voters, City Hall, Atlanta's, Museum of Art, Pisgah Baptist, Secret Service, Republicans, Justice Department, White, Police, Anadolu Agency, NATO, Hezbollah, House, Herb Brooks National Hockey Center Locations: Lago, America, Wisconsin, Georgia, Pennsylvania, North Carolina, , West Palm Beach , Florida, Las Vegas, Washington , DC, Chandler , Arizona, West Palm Beach, West Palm, Pewaukee , Wisconsin, Denver, Greensboro , North Carolina, Beach, Fulton, Fairburn , Georgia, New York, Reno , Nevada, St . Petersburg , Florida, Philadelphia, Atlanta, Phoenix, York , Pennsylvania, Kansas City , Missouri, Waleska , Georgia, Navajo, Kayenta , Arizona, AFP, Lawrence , Kansas, Seattle, Chinle , Arizona, West Chester , Pennsylvania, Rochester , New York, Garden City , Georgia, Savannah, Simi Valley , California, Pittsburgh, Austin , Texas, Hartford, Detroit, Omaha , Nebraska, Savannah , Georgia, Camden , New Jersey, San Francisco, Alexandria , Virginia, of Dearborn , Michigan, Boston, Lancaster , New Hampshire, Chicago, Palm Beach , Florida, College Park, College Park , Georgia, Leicester , North Carolina, Reuters Ohio, Cincinnati, Dearborn , Michigan, Caguas , Puerto Rico, Springfield , Pennsylvania, Dixville, New Hampshire, City, City of Industry , California, Des Moines , Iowa, Charlotte , North Carolina, Grand Rapids , Michigan, Providence , Rhode Island, Henderson , Nevada, Bronx, Portland , Oregon, Oregon, New Castle , Delaware, Pisgah, Pisgah Baptist Church, Brooklyn, Kenosha , Wisconsin, Miami, Wilmington , North Carolina, Minneapolis, United States, Manhattan, Butler , Pennsylvania, Ohio, Washington, Florida, British, Ukraine, Europe, Taiwan, Israel, Gaza, Lebanon, Iran, Afghanistan, St Cloud , Minnesota
Takeaways from Election Day 2024
  + stars: | 2024-11-06 | by ( Eric Bradner | Gregory Krieg | Daniel Strauss | ) edition.cnn.com   time to read: +27 min
George Walker IV/AP Trump supporters watch election results come in at his election night party at the Palm Beach County Convention Center. Eva Marie Uzcategui/Bloomberg/Getty Images Election workers process mail-in ballots in West Chester, Pennsylvania, on Tuesday. Trump and Harris tied with three votes each in the tiny New Hampshire township, kicking off Election Day. Joseph Prezioso/AFP/Getty Images Election workers prepare ballots in Denver on Monday, November 4. RJ Sangosti/The Denver Post/Getty Images A patron eats inside a restaurant near the White House that had plywood covering its windows on the eve of Election Day. David Dee Delgado/AFP/Getty Images Election workers sort ballots during early voting in San Francisco on Thursday.
Persons: Donald Trump, Trump, Kamala Harris, Joe Biden, he’d, George W, Bush, Harris, Hillary Clinton, Austin Steele, Roe, Wade, Biden, It’s, West Virginia Sen, Joe Manchin’s, Jim Justice’s, Montana Sen, Jon Tester, Tim Sheehy, Ohio Sen, Sherrod Brown, Bernie Moreno, Sue Ogrocki, Colin Allred, Texas Sen, Ted Cruz, Debbie Mucarsel, Powell, Sen, Rick Scott, Mitch McConnell, John Cornyn, South Dakota Sen, John Thune, Democrats didn’t, Hakeem Jeffries, hamstrung, they’re, Harris underperformed Biden, , , Jen O’Malley Dillon, David Axelrod, Puerto Rico, Chip Somodevilla, Ron DeSantis romped, Melania, Barron, , Will Lanzoni, CNN Trump, Ian Maule, Go Nakamura, Jeff Roberson, Vincent Alban, Chet Strange, Leah Charles, Tianna Adams, George Walker IV, Christian Monterrosa, Shelby Knowles, Jason Bean, Rebecca Blackwell, Leah Millis, Brynn Anderson, Matt York, Paul Kuehnel, David Robert Elliott, Nathan Howard, San Francisco Columbarium, Jeff Chiu, Nicole Craine, Ernesto Benavides, Steven Vandenburgh, Charlie Riedel, Lindsey Wasson, Andres Leighton, Butch Wilmore, Suni Williams, Nick Hague, Don Pettit, Hague, Eva Marie Uzcategui, Matt Slocum, Susan B, Anthony, Lauren Petracca, Richard Burkhart, Ronald Reagan, Chris Pizzello, Rebecca Droke, Jay Janner, Ken Brandon, Charlie Neibergall, Scott Morgan, John Locher, Jordan Dunson, Chris Lachall, Bill Clark, David Goldman, David Dee Delgado, Suzanne Kreiter, Ryan Collerd, Joseph Prezioso, Charles Rex Arbogast, Patrick T, Fallon, Evan Vucci, Nam, Rebecca Cook, Elijah Nouvelage, Ed Jones, Jonathan Drake, Reuters Ohio Sen, JD Vance, Carolyn Kaster, Carlos Berríos Polanco, Skye, Quinn Glabicki, Jose Luis Magana, RJ Sangosti, Robyn Beck, Zach Boyden, Holmes, Mike Stewart, Carlos Osorio, Steven Senne, David Paul Morris, Kayria Hildebran, Jenny Kane, Craig Hudson, Bing Guan, Scott Olson, Lynne Sladky, Allison Joyce, Megan Varner, Scott Graham, Adam Bettcher, RONDA CHURCHILL, Republicans —, Texas — Organizations: CNN, White, Republican Senate, Democrats, Biden, Sun, Republican, Trump, Howard University, Democratic, Republicans, GOP, Navy, Bernie Moreno . Ohio Republican, AP Democrats, Senate, Rural, Penn State University, CNN –, Dorton, Voters, Republican Gov, Miami, Dade, CNN Trump, Reuters Trump, West Palm Beach, Reuters, Carolina, AP Trump, Convention, Center, Bloomberg, Getty, Empire, People, Reno Gazette, USA, Florida's, AP Observers, Spelman College, AP, York Hospital, Kansas City Urban Youth Academy, New York Times, CNN Howard University, San Francisco, AP Voters, NASA, Space, Mount Hope, Savannah Morning, Ronald Reagan Presidential, Austin American, Statesman, Hartford Memorial Baptist Church, Honda, Allegiant, Las Vegas Raiders, First Presbyterian Church, City, Inc, First Presbyterian, of, Boston Globe, Getty Images Trump, College Park ,, Getty Images Workers, Sipa, US, Denver Post, City of, Reuters Voters, City Hall, Atlanta's, Museum of Art, Pisgah Baptist Locations: Pennsylvania, Michigan, Wisconsin, Georgia, North Carolina, Arizona, Nevada, Michigan , Pennsylvania, Arizona , Georgia, New Mexico, Virginia, Trump, Washington , DC, West, Montana, Bernie Moreno ., Westlake , Ohio, Kentucky, Texas, South Dakota, Washington, New York, California, America, Pennsylvania’s Huntingdon, Montgomery County, Philadelphia, Harris, Oakland County, Trump’s, Raleigh , North Carolina, United States, Florida, Ohio, Dade County, West Palm Beach , Florida, Las Vegas, Chandler , Arizona, West Palm Beach, West Palm, Pewaukee , Wisconsin, Denver, Greensboro , North Carolina, Beach, Fulton, Fairburn , Georgia, Reno , Nevada, St . Petersburg , Florida, Atlanta, Phoenix, York , Pennsylvania, Kansas City , Missouri, Waleska , Georgia, Navajo, Kayenta , Arizona, AFP, Lawrence , Kansas, Seattle, Chinle , Arizona, West Chester , Pennsylvania, Rochester , New York, Garden City , Georgia, Savannah, Simi Valley , California, Pittsburgh, Austin , Texas, Hartford, Detroit, Omaha , Nebraska, Savannah , Georgia, Camden , New Jersey, San Francisco, Alexandria , Virginia, of Dearborn , Michigan, Boston, Lancaster , New Hampshire, Chicago, Palm Beach , Florida, College Park, College Park , Georgia, Leicester , North Carolina, Reuters Ohio, Cincinnati, Dearborn , Michigan, Caguas , Puerto Rico, Springfield , Pennsylvania, Dixville, New Hampshire, City, City of Industry , California, Des Moines , Iowa, Charlotte , North Carolina, Grand Rapids , Michigan, Providence , Rhode Island, Henderson , Nevada, Bronx, Portland , Oregon, Oregon, New Castle , Delaware, Pisgah, Pisgah Baptist Church, Brooklyn, Kenosha , Wisconsin, Miami, Wilmington , North Carolina, Minneapolis
After months of tumult on American college campuses, relative stability in one realm returned on Tuesday, when U.S. News & World Report published its oft-disparaged but nevertheless closely watched rankings. Among national universities, Princeton was ranked No. U.S. News again judged Williams College the best among national liberal arts colleges. Few franchises in American higher education are as contentious as the U.S. News rankings. To U.S. News, which retired its print newsmagazine in 2010, the rankings are a bastion of its largely bygone influence.
Organizations: U.S . News, Princeton, Massachusetts Institute of Technology, Harvard, Stanford, . News, Williams College, Spelman College, U.S
Michael Bloomberg’s organization Bloomberg Philanthropies is announcing a $600 million gift to the endowments of four historically Black medical schools. Xavier University of Louisiana, which is opening a new medical school, will also receive a $5 million grant. The donations will more than double the size of three of the medical schools’ endowments, Bloomberg Philanthropies said. The four historically Black medical schools are still deciding with Bloomberg Philanthropies how the latest gifts to their endowments will be used, said Garnesha Ezediaro, who leads Bloomberg Philanthropies’ Greenwood Initiative. Dr. Yolanda Lawson, president of the National Medical Association, said she felt “relief,” when she heard about the gifts to the four medical schools.
Persons: Michael Bloomberg’s, Bloomberg Philanthropies, ” Bloomberg, Charles Drew, Garnesha Ezediaro, Ezediaro, ” Ezediaro, Valerie Montgomery Rice, we’ve, , Ronda Stryker, William Johnston, Denise Smith, Spelman, Smith, MacKenzie Scott’s, ” Smith, Yolanda Lawson, Utibe Organizations: Bloomberg, New, New York City, National Medical Association, Associated Press, Howard University College of Medicine, Meharry Medical College, Morehouse School of Medicine, Charles, Charles Drew University of Medicine & Science, Xavier University of Louisiana, Johns Hopkins University, Greenwood Initiative, Democratic, United Negro College Fund, Spelman College, Greenleaf Trust, The Century Foundation, David Geffen School of Medicine, UCLA, NBC Locations: New York, Tulsa , Oklahoma, Atlanta, Ronda
NEW YORK AP —Michael Bloomberg’s organization Bloomberg Philanthropies is announcing a $600 million gift to the endowments of four historically Black medical schools. Xavier University of Louisiana, which is opening a new medical school, will also receive a $5 million grant. The donations will more than double the size of three of the medical schools’ endowments, Bloomberg Philanthropies said. The four historically Black medical schools are still deciding with Bloomberg Philanthropies how the latest gifts to their endowments will be used, said Garnesha Ezediaro, who leads Bloomberg Philanthropies’ Greenwood Initiative. Dr. Yolanda Lawson, president of the National Medical Association, said she felt “relief,” when she heard about the gifts to the four medical schools.
Persons: Michael Bloomberg’s, Bloomberg Philanthropies, ” Bloomberg, Charles Drew, Garnesha Ezediaro, Ezediaro, ” Ezediaro, Valerie Montgomery Rice, we’ve, , Ronda Stryker, William Johnston, Denise Smith, Spelman, Smith, MacKenzie Scott’s, ” Smith, Yolanda Lawson, Utibe Organizations: Bloomberg, New, New York City, National Medical Association, Associated Press, Howard University College of Medicine, Meharry Medical College, Morehouse School of Medicine, Charles, Charles Drew University of Medicine & Science, Xavier University of Louisiana, Johns Hopkins University, Greenwood Initiative, Democratic, United Negro College Fund, Spelman College, Greenleaf Trust, The Century Foundation, David Geffen School of Medicine, UCLA Locations: New York, Tulsa , Oklahoma, Atlanta, Ronda
Meet Angelina Jolie and Brad Pitt's 6 children
  + stars: | 2024-06-04 | by ( Olivia Singh | ) www.businessinsider.com   time to read: +13 min
AdvertisementVivienne Jolie-Pitt, Angelina Jolie, Zahara Jolie-Pitt, and Shiloh Jolie-Pitt at the world premiere of "Eternals" at the El Capitan Theatre in Hollywood on October 18, 2021. On her 18th birthday on May 27, Shiloh filed to legally change her name to Shiloh Jolie, TMZ and People reported. Knox, Zahara, Pax, Jolie, Vivienne, and Shiloh at the world premiere of "Maleficent: Mistress of Evil" in 2019. AdvertisementShiloh Jolie-Pitt, Zahara Jolie-Pitt, Angelina Jolie, Vivienne Jolie-Pitt, Maddox Jolie-Pitt and Knox Jolie-Pitt at the UK premiere of "Eternals" on October 27, 2021 in London, England. Vivienne is listed as "Vivienne Jolie" in the Playbill, but it's unclear if she legally changed her name.
Persons: , Angelina Jolie, Brad Pitt, Jolie, Pitt, Maddox Jolie, Maddox, Yoon Suk, Stefani Reynolds, Rath Vibol, Maddox Chivan Thornton Jolie, Billy Bob Thornton, he'll, Maleficent, Jason Merritt, Zahara, Joe Biden, Yoon Suk Yeol, Kim Keon Hee, Zahara Marley Jolie, Christopher Jue, Disney Jolie, Kung, Shiloh, Kevin Winter, Robert Procop, Vivienne Jolie, Zahara Jolie, Shiloh Jolie, Jon Kopaloff, Pax, Matt Sayles, Invision, Jolie's, Oprah, tracksuits, Marilla, Marilla Sicilia, Vivienne, Doja, Hamilton Evans, He's, he's, Brad, Pax Jolie, Pax Thien, JC Olivera, Knox, Knox Léon Jolie, Issei Kato, Knox Léon, Vivienne Marcheline, Leon, Marcheline, Vivi, Marie Claire, Princess Aurora, Tigress, Knox Jolie, Karwai Tang, Getty Images Knox, Viv, isn't Organizations: Service, Miraval, Business, South, White, Getty, Pitt Foundation, Netflix, Vogue, Pitt, FBI, Yonsei University, British Vogue, Japan, Disney, Entertainment, El Capitan Theatre, Lexus, Spelman College, Spelman's Alpha Kappa Alpha, AP Pitt, Fair, Rome, Pax Thien Jolie, JR, Museum, Tolerance, BBC, REUTERS, Getty Images, Marvel, People Locations: France, Washington ,, Cambodia, Pitt's, Seoul, South Korea, British, Tokyo, Japan, Zahara, Ethiopia, Shiloh, Hollywood, Atlanta, Marilla Sicilia, Vegas, Vietnam, Paris, Knox, Los Angeles, London, England
The ‘outside agitator’ narrative has a long history
  + stars: | 2024-04-27 | by ( Harmeet Kaur | ) edition.cnn.com   time to read: +13 min
In these instances, and others, authorities have not offered many specifics about who the “outside agitators” are, how significant their numbers are or how they differentiated outsiders from university-affiliated protesters. “It seems to me that the ‘outside agitator’ claim is one to shift the focus away from the grievances of the students and their protest.”The emphasis on “outside agitators,” Morris says, detracts from the central issue that is driving students to protest: Israel’s war in Gaza. ‘Outside agitator’ trope has a long historyYou don’t have to look far back in history to find examples of the “outside agitator” narrative. “We want to say as clearly as possible - we welcome ‘outside agitators’ to our struggle against the ruthless genocide of Palestinians.”Still, the use of the term is more complicated than it seems. As pro-Israel politicians have amplified concerns around antisemitism, some supporters of students’ right to free expression have suggested “outside agitators” are undermining otherwise peaceful protests.
Persons: , Eric Adams, Kaz Daughtry, Gregory Fenves, Aldon Morris, Morris, aren’t, ” Morris, , detracts, Donald Trump, Trump, George Floyd, Jose Lusi Magana, , Kathleen Fitzgerald, White, ” Fitzgerald, Bruce Solomon, Solomon, Martin Luther King Jr, , Emory, Ayanna Pressley, Hank Johnson, Netanyahu, ” Alex Slitz, ” What’s Organizations: CNN, New York Police Department, Columbia University, New York University, New York City, NYPD, Fox, Emory University, University, Emory, Northwestern University, Associated, AP, White House, Washington D.C, Getty, Parkland, Civil Rights Movement, University of North, Southern Christian Leadership Conference, , Atlanta, Spelman College, Yale University, Chapel Hill, University of Texas Locations: Gaza, New York, York, , Washington, AFP, Oklahoma, Ferguson , Missouri, University of North Carolina, Mississippi, Brooklyn, Jackson, Miss, Birmingham, United States, Israel, Atlanta, Georgia, Columbia, Austin
Now that I'm a broke, jobless graduate, I feel lonelier than ever without my Spelman sisterhood by my side. AdvertisementI'm feeling much lonelier now that I'm a graduateIt's been almost a year since I left Spelman with my degree, honors, and accomplishments. I cheer my college friends on from behind my phone screen and wish I were there with them, sharing in their celebrations like before. I'm trying to find happiness in my post-grad lifeI don't want my peak to be college, so I've looked to other avenues for community. So, for now, I'll stick to crocheting little lemon pouches and granny squares, hoping I can see my college friends again soon.
Persons: I'd, Spelman, we'd, Isley, COVID, could've, It's, I'm, I've, wasn't Organizations: Service, Spelman College, Business, Spelman Locations: Atlanta
Private College 529 Plan locks in today's tuition rates, saving big on future costs and giving flexibility with school choice. Both LaShanda and Ben have been saving for their children's higher education using Private College 529 Plan. Learn more about setting your child up for success with Private College 529 Plan. When you save with Private College 529 Plan, you purchase tuition at then-current rates for each college in the plan. This post was created by Insider Studios with Private College 529 Plan.
Persons: Ben S, Ben, LaShanda, Spelman, they're, prepaying, It's, Roth Organizations: Private, Private College, College Board, Stanford, MIT, Princeton, Spelman College, Roth IRA, Insider Studios Locations: Arizona , Arkansas , Kansas , Maine, Minnesota , Missouri, Montana , Ohio, Pennsylvania
When you're considering investment advice, taking a tip from one of the world's wealthiest people is probably a good place to start. That's why Shaquille O'Neal says he turned to Amazon founder Jeff Bezos for inspiration before deciding to invest in Campus, the online community college startup that's already raised more than $29 million from investors like OpenAI CEO Sam Altman and Discord founder Jason Citron. "I heard Jeff Bezos say, if you invest in things that's going to change people's lives, you'll always get a great return on your investment," O'Neal said. And, O'Neal has long touted Bezos' advice to seek out investment opportunities that he truly believes can "change people's lives." "If something comes across my desk and I don't believe in it, I don't even look at it," O'Neal told The Wall Street Journal in 2019.
Persons: Shaquille O'Neal, Jeff Bezos, Sam Altman, Jason Citron, O'Neal, Fortune, he'd, you'll, Tade Oyerinde, Oyerinde, It's, Bezos, Matt Isbhia, Papa John's, Auntie Anne's, it's Organizations: Amazon, Princeton, Vanderbilt, Spelman College, of Famer, Phoenix Suns, Bezos, Wall Street, Google
Read previewThe nation's central bank is gearing up to make its first big decision of 2024 — and while it likely won't be the interest rate cut many Americans are hoping for, it's set to bring them closer to that relief. The Fed hinted at how many interest rate cuts Americans can expect this year in its December Summary of Economic Projections. New labor market data out this Friday will show how employment looked at the start of 2024, and some labor market experts already think 2024 will see a cooler job market . That continuing strength in the labor market does represent a slowdown from the hot post-pandemic recovery in 2022. "The Fed has already signaled its willingness to cut rates, and the market has responded accordingly," the lawmakers wrote.
Persons: , it's, Jerome Powell, Powell, Nick Bunker, would've, Greg McBride, David Kelly, Kelly, Elizabeth Warren, John Hickenlooper, Jacky Rosen, Sheldon Whitehouse Organizations: Service, Business, Federal, Federal Reserve, Spelman College, Labor Statistics, Fed, North America, Morgan Asset Management, Democratic Locations: Sens
Spelman College, the women’s school in Atlanta, announced on Thursday that it had received a $100 million donation, which its officials called the largest-ever single gift to a historically Black college. The gift comes from Ronda E. Stryker, a trustee of Spelman, and her husband, William D. Johnston, chairman of the wealth management company Greenleaf Trust. Ms. Stryker serves as director of the medical equipment company Stryker Corporation, which was founded by her grandfather. In an announcement, Spelman College said that $75 million of the gift had been earmarked for scholarships, and that the remaining money would go toward improving student housing and developing an academic focus on public policy and democracy. In a statement, Spelman’s president, Helene Gayle, said the college was “invigorated and inspired” by the couple’s generosity, adding, “This gift is a critical step in our school’s mission to eliminate financial barriers to starting and finishing a Spelman education.”
Persons: Stryker, Spelman, William D, Johnston, Helene Gayle, , Organizations: Spelman College, Greenleaf Trust, Stryker Corporation, Spelman Locations: Atlanta, Ronda
10 industry leaders transforming business in 2023
  + stars: | 2023-12-11 | by ( ) www.businessinsider.com   time to read: +20 min
In 2023, Business Insider's annual list of People Transforming Business highlights key players across the advertising, ESG, finance, AI, and labor sectors. Increasingly, they're turning to more opaque private credit markets to borrow money. The world of private credit sits outside the traditional banking system. Analysts expect the private credit market to balloon in size — likely keeping lawyers like Breen very busy. Muthukrishnan is trying to make sense of how risky these private credit loans are by overseeing what is so far the most comprehensive look at vulnerabilities in the industry.
Persons: Mira Murati, who's, Vince Toye, Eileen Fisher, Eileen Fisher Fisher, Guerin Blask, Eileen Fisher Eileen Fisher, she's, Fisher, Janelle Jones, Jones, Lexey, , She's, Justin Breen, Proskauer Breen, Proskauer Justin Breen, he's, Breen, Ares Capital, He's, McLaren, Julie Su, Labor Julie Su, Department of Labor Julie Su, Su, Marty Walsh, Murati, Jim Wilson, Neal Mohan, YouTube Mohan, Katie Thompson, YouTube It's, YouTube isn't, Mohan, Muthukrishnan, Satya Nadella, Microsoft Satya Nadella, Ben Kriemann, Nadella, Steve Ballmer, Mathias Döpfner, Axel Springer, Tim Cook, Apple Cook, Justin Sullivan, Cook, Steve Jobs, Jobs, JPMorgan Chase Toye, JPMorgan Chase, Toye, they'll, Vince Toye's, Bella Sayegh, Rebecca Ungarino, Lara O'Reilly, Juliana Kaplan, Alex Nicoll, Tim Paradis, Stephanie Hallett, Michelle Abrego, Josée Rose, Ryan Joe, Emily Canal, Kaja Whitehouse, Alyssa Powell, Davis, Jonann Brady Organizations: JPMorgan, Service Employees International, SEIU, New York, Ford, Service Employees International Union, United Auto Workers Union, Spelman College, US Department of Labor, Economic Policy Institute, Center for Economic, Research, Department of Labor, The New York Times, Ares, Churchill Asset Management, European, Atlético Madrid, Labor, Labor Department, MacArthur Foundation, New York Times, Dartmouth, OpenAI, Associated Press, YouTube, NFL, DirecTV, Federal, Microsoft, Manipal Institute of Technology, University of Wisconsin -, University of Chicago, Apple, Apple Watch, Google, Time, JPMorgan Chase, National Housing Trust, Trenton Almgren Locations: McDonald's, Lorain , Ohio, Atlanta, California, Los Angeles, Albania, Canada, Muthukrishnan, Hyderabad, India, University of Wisconsin - Milwaukee, OpenAI, Virginia, Wells Fargo, Trenton
In 2020, Ralph Lauren launched initiatives to expand its “collegiate sensibility,” which first resulted in a 2022 collaboration with Morehouse and Spelman Colleges incorporating the traditions and styles of historically Black colleges and universities. “Ralph Lauren has always been inspired by the people, art and cultures that make up America,” wrote David Lauren, son of founder Ralph and the company’s chief branding and innovation officer, in an email to CNN. Courtesy Ralph LaurenThe designer, activist and TikTok-famous skateboarder enthusiastically “reimagined” signature Ralph Lauren silhouettes, like the Great Ranch Coat, an outerwear piece she’d admired for years. “So it was just me, weaving exactly how they would, just true to their own style.”"Heritage and tradition are at the center of everything I love," said Ralph Lauren in a statement. Ryan RedCorn/Courtesy Ralph LaurenGlasses' collection features 32 pieces total, in colors "inspired by her homeland on Navajo Nation," the brand said.
Persons: Ralph Lauren’s, “ It’s, Ralph Lauren polos, nava, , , Ralph Lauren, ’ ”, Ryan RedCorn, Ralph Lauren “, Tyler Sr, , Gabriella Hearst, Jai Al, “ Ralph Lauren, David Lauren, Ralph, America —, Glasses, I’m, Ralph Lauren Glasses, Piki Wadsworth, Ralph Lauren flagships, Osage multihyphenate, , Daryn, “ Ryan, Ralph Lauren's, Ralph Lauren That’s, Phillip Bread, Mato Mayuhi, Tyler Organizations: CNN, New, Futures, Morehouse, Spelman Colleges Locations: Rock Point , Arizona, Navajo, New York City, Oxford, America, concho, Saltillo, White, Phoenix, lensed
Will savings rates drop after the next Fed meeting? It's unlikely national savings rates will drop after the next Fed meeting. What happens to savings rates when the Fed raises interest rates? In early 2024, savings rates are generally expected to be similar to current savings rates. Once the Fed plans to start cutting rates, however, savings rates will likely begin to go down in 2024.
Persons: Jerome Powell, Powell, David Smith, It's, it's Organizations: Federal Reserve, Federal, Committee, Pepperdine Graziadio Business, Spelman College
Morning Bid: Buoyant markets hold near year's highs
  + stars: | 2023-12-04 | by ( ) www.reuters.com   time to read: +5 min
The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. Fed futures markets think a first cut may come as soon as March - with a quarter-point easing by then already two-thirds priced. Two-year Treasury yields hit their lowest since June on Friday and 10-year yields their lowest in three months, although they edged higher on Monday. U.S. crude hit its lowest in two weeks and is tracking year-on-year losses of almost 10%. But that is widening into yearend as peak rate hopes encourage some rotation to smaller cap stocks.
Persons: Carlo Allegri, Mike Dolan, Jerome Powell, Powell, Goldman Sachs, Jan, Fitch, Bitcoin, Christine Lagarde, Joann, Kirsten Donovan Organizations: New York Stock, REUTERS, Federal Reserve, Spelman College, Fed, Tech, HK, Central Bank, Treasury, PMI Reuters Graphics Reuters, Reuters, Thomson Locations: Manhattan, New York City , New York, U.S, Atlanta, Europe, Gaza, China, Hong Kong, WuXi, Evergrande, RGC Resources
Since June, the quarterly "dot plot" of policymakers' projections of the appropriate path of policy has shown rates rising another quarter point this year. Investors will be eager for the boost a rate cut would give to markets, and consumers will be relieved by lower mortgage and credit rates. Indeed, in remarks last week Fed Chair Jerome Powell noted that over the last six months inflation had averaged around 2.5%. Investors, meanwhile, have become increasingly fixed on March as a starting point for rate cuts. Between falling inflation and a modest slowdown in growth, Powell said: "We are getting what we wanted to get."
Persons: Vincent Reinhart, Dreyfus, Reinhart, Donald Trump, Michael Gapen, Gapen, Jerome Powell, Powell, Christopher Waller, Howard Schneider, Andrea Ricci Organizations: . Federal Reserve, Mellon, WE, Republican, Bank of America, Fed, Spelman College, Thomson Locations: U.S, Atlanta
Who to Believe? Jerome Powell or the Markets?
  + stars: | 2023-12-04 | by ( Tim Smart | Dec. | At A.M. | ) www.usnews.com   time to read: +4 min
Last Friday provided a split-screen view of the markets and the Federal Reserve. “Indeed, we look for the return of striking workers to add nearly 45K jobs to November’s payrolls. Wednesday brings the first measure of the November job market when private payroll firm ADP releases its monthly survey of employers. October came in at 150,000, a drop from the recent trend of around 200,000 jobs added per month. Consequently, we expect the post-meeting statement will keep the door open to the possibility of additional tightening this cycle.
Persons: Jerome Powell, Powell, ” William Blair, Richard de Chazal, that’s, de Chazal, , payrolls, , Sam Bullard, November’s, Bullard, Wells Fargo Organizations: Federal Reserve, Spelman College, , Futures, United Auto Workers, UAW, Hollywood, Wells, Labor
And as the mountain of debt keeps piling up, and the government’s budget deficit remains massive, some bond traders are now joining politicians in decrying the government’s ever-growing financial obligation. Those bond traders are seemingly up in arms over the government’s gaping budget deficit — something that occurs when the government’s spending outstrips revenues — which currently stands at roughly $67 billion so far for the current fiscal year. For the full 2023 budget year, the Congressional Budget Office estimated that the deficit stood at a staggering $1.5 trillion. How do we manage the budget deficit? Our interest rate team is looking at the 10-year (US Treasury) yield to be closer to 4% than 5% next year.
Persons: , Jerome Powell, Bell, Joe Quinlan, It’s, it’s, what’s, You’d, Powell, ” Powell, they’re Organizations: CNN Business, Bell, DC CNN, Treasury Department, Congressional, Office, Federal, Merrill, Bank of America Private Bank, Treasury, Spelman College, US Labor Department, Institute for Supply Management, US Commerce Department, University of Michigan Locations: Washington, Atlanta
Mortgage rates fell dramatically last month, and they could drop further in 2024. Today, average 30-year mortgage rates are nearly 80 basis points down from where they were a month ago. As inflation continues to slow, mortgage rates should come down even more. This means that as long as inflation keeps decelerating, mortgage rates should come down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: Jerome Powell, Powell, you'll, Fannie Mae Organizations: Spelman College, Zillow, Mortgage, Association, Sky Locations: Atlanta, Chevron
Jerome H. Powell, the chair of the Federal Reserve, suggested on Friday that the central bank may be done raising interest rates if inflation and the economy continue to cool as expected, saying that central bankers could raise interest rates further if that became necessary. The Fed has already raised interest rates to a range between 5.25 and 5.5 percent, up sharply from near-zero as recently as March 2022. Those higher borrowing costs are weighing on demand for mortgages, car loans and business debt, cooling the economy in a bid to lower inflation. Given how high interest rates are now, the Federal Open Market Committee has paused its rate increases for several months. Investors have increasingly come to expect that its next move would be to cut rates — though Fed officials have been hesitant to declare victory, or to confidently predict exactly when lower borrowing costs could arrive.
Persons: Jerome H, Powell, Mr, Powell’s Organizations: Federal Reserve, Spelman College, Fed, Federal, Investors
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too early to declare victory over inflation. Markets showed little initial reaction to Powell's remarks, with major averages mixed on Wall Street and Treasury yields lower. After inflation hit its highest level since the early 1980s, the Fed enacted a series of 11 interest rate hikes, taking its policy rate to the highest in 22 years at a target range between 5.25%-5.5%. "The strong actions we have taken have moved our policy rate well into restrictive territory, meaning that tight monetary policy is putting downward pressure on economic activity and inflation," Powell said.
Persons: Jerome Powell, Powell, Powell's Organizations: Federal Reserve, Federal, Spelman College, Treasury, Dow Jones, Commerce, Fed Locations: Washington , DC, Atlanta
WASHINGTON (AP) — Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said in prepared remarks Friday. He added, "It would be premature to conclude with confidence" that the Fed has raised its benchmark interest rate high enough to fully defeat high inflation. Nor is it time to “speculate on when policy might ease," Powell said, referring to the possibility of cuts in the Fed's benchmark interest rate, which affects many consumer and business loans. Political Cartoons View All 1274 ImagesThe Fed's policymakers are expected to leave interest rates alone when they next meet Dec. 12-13. Beginning in March 2022, the Fed raised its key rate 11 times from near zero — to about 5.4%, the highest level in 22 years.
Persons: Jerome Powell, Powell, That's Organizations: WASHINGTON, Federal Reserve, Spelman College Locations: Atlanta
"Having come so far so quickly, the (Federal Open Market Committee) is moving forward carefully, as the risks of under- and over-tightening are becoming more balanced." But his remarks also reflected increased confidence that the current 5.25%-5.50% policy rate may well be adequate to complete the job. The Fed meets on Dec. 12-13 and is expected to leave its benchmark rate unchanged for the third meeting in a row. "The pace at which the economy is creating new jobs remains strong, and has been slowing toward a more sustainable level ... Shortly before Powell delivered his remarks, a key reading on the health of the U.S. manufacturing sector showed activity there remained subdued and factory employment declined.
Persons: Jerome Powell, Kevin Lamarque, Powell, Helene Gayle, Lisa Cook, Howard Schneider, Paul Simao Organizations: Monetary Fund's, REUTERS, Rights, Federal Reserve, Spelman College, Fed, Spelman, Institute, Supply Management's, Thomson Locations: Washington , U.S, Atlanta
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