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☆ I tried McDonald's $5 value meal and understand why it's staying on the menu
▼ + stars: | 2024-07-23 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: 1 min

The McDouble wasn't the best burger I've ever had, but it was certainly passable. The McDonald's website says it should also include mustard, but I didn't taste any or see any. My biggest issue with the burger was that I thought it was bone-dry. But even though I didn't love my McDouble, I'm not writing the meal off. I could always get a McChicken as part of the deal instead or try a different location's McDouble burger.

Persons: Gabbi Shaw, I'm

☆ Former SpaceX worker describes 'frat boy' culture where colleagues joked about overseeing launches while drunk
▼ + stars: | 2024-07-10 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

An ex-SpaceX employee told Bloomberg that working at SpaceX was like being a "babysitter for frat boys." She said some SpaceX employees discussed a drinking game on work email and joked about being intoxicated to oversee launches. The culture at Elon Musk's rocket firm has come under growing scrutiny in recent months. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA new Bloomberg report has shed light on SpaceX's working culture, with a former employee describing her colleagues as "frat boys."

Persons: —, Paige Holland Organizations: SpaceX, Bloomberg, Service, Elon Locations: Elon

Following Thursday's trade, Jim Cramer's Charitable Trust will no longer own a position in FL. This Foot Locker turnaround is going to take time and won't be linear. FL YTD mountain Foot Locker YTD Thursday's exit of Foot Locker is resulting in a loss of nearly 37%. The opportunity cost of sitting in Foot Locker is too high at the moment, and it's time for us to move on. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: We're, Jim Cramer's, HomeGoods —, Locker, Mary Dillion, Jim Cramer, Jim Organizations: Club, CNBC Locations: FL, Maxx

☆ Why Eli Lilly shares should be up on its latest news, plus Nvidia keeps rolling
▼ + stars: | 2024-05-28 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

"There's not enough money to take up Nvidia this much and the rest of the market," Jim Cramer said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Jensen Huang, co-founder and CEO of Nvidia, during the Nvidia GPU Technology Conference in San Jose, California, on March 19, 2024.

Persons: Jim Cramer, Salesforce, CNBC's David Faber, Lilly, Eli Lilly, Cramer, Abercrombie &, Jim Cramer's, Jim, Jensen Huang, David Paul Morris Organizations: CNBC, Nvidia, Nasdaq, Management, Abercrombie, Abercrombie & Fitch, Chewy, Dick's Sporting Goods, Advance, Jim Cramer's Charitable, Technology, Bloomberg, Getty Locations: Informatica, HubSpot, Indiana, San Jose , California

☆ I'm a stay-at-home mom, raising 3 kids while also working part-time. I wake up at 3 a.m. to get everything done.
▼ + stars: | 2024-05-05 | by ( Stephanie Mickelson | ) www.businessinsider.com time to read: +5 min

I'm primarily a stay-at-home mom, which means I make lots of snacks, go on lots of playdates, and drink lots of coffee. AdvertisementWhenever I outline my morning routine, people look at me like they're not sure I'm telling the truth. AdvertisementI've learned to optimize my morning routineMy routine has evolved over the five years I've been a stay-at-home mom and freelance writer. I'm naturally a morning person, so getting up early isn't much of a stretch, but I hate working after the kids go to bed. I'm not sure how often I'll get up at 3 a.m., but I'll also be heading to fewer storytimes and playdates.

Persons: they're, I've, I'm Organizations: Service, Business, YouTube

☆ I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
▼ + stars: | 2024-04-17 | by ( Jane Zhang | ) www.businessinsider.com time to read: +10 min

This as-told-to essay is based on a conversation with a former McKinsey & Company associate who worked at the company for one and a half years. AdvertisementSome associate partners and partners were meanThe people at McKinsey were both the best and worst parts of my experience. The analysts and associates were all cool, but a few associate partners and partners were mean. I took a mental health break because I couldn't do it anymoreAfter about a year of working at McKinsey, I took a three-month mental health leave. But I also think it was going on mental health leave was inevitable, given the kind of people I ran into.

Persons: I'd, It's, they'd, I've, hysterically, I'm, hasn't, would've, Jane Zhang Organizations: McKinsey & Company, McKinsey, Business, Excel, McKinsey couldn't Locations: janezhang@businessinsider.com

☆ The strong U.S. job market is in a ‘sweet spot,’ economists say
▼ + stars: | 2024-04-05 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

The labor market has been resilient despite economic headwinds like higher interest rates. "There's still strong, broad-based job growth and real wage growth has been restored," Pollak said. The labor market is in a 'sweet spot'Employers added 303,000 jobs to payrolls in March, the U.S. Bureau of Labor Statistics reported Friday. Job growth in the first three months of 2024 — 274,000, on average — beats the 2019 pre-pandemic average by more than 100,000. "The labor market is settling into a sweet spot," said Nick Bunker, economic research director for North America at job site Indeed.

Persons: Lindsey Nicholson, Julia Pollak, There's, Pollak, Nick Bunker Organizations: Getty, U.S . Bureau of Labor Statistics, North America Locations: Queens , New York, U.S

“The tankers and cargo ships of 1950 aren’t the tankers and cargo ships of today,” said James Salmon, a spokesman for the Delaware River and Bay Authority. “It’s going to do a number on them,” he said of a modern ship and the hazard it poses to a bridge like the one in Baltimore. Image The new bridge ship collision protection system project on the Delaware Memorial Bridge will install eight stone-filled “dolphin” cylinders, each measuring 80 feet in diameter. Credit... Delaware River and Bay AuthorityThe situation with the Key Bridge is “unique,” said Jim Tymon, executive director of the American Association of State Highway and Transportation Officials, which represents state transportation departments. A protection system was subsequently built around the new pier.

Persons: ”, James Salmon, Francis Scott Key, Michael Rubino, don’t, Joseph Ahlstrom, It’s, “ It’s, Dali, hurtled, Jim Tymon, ” John Snyder, Pete Buttigieg, “, Paul, Gerald Desmond Bridge, Matt Gresham, Joong Kim, Michael Forsythe Organizations: Bay Authority, Port, SUNY Maritime College, New York State, American Association of State, Transportation, National Transportation Safety, Sunshine Skyway, Administration, Baltimore Sun, Union, National Oceanic, Atmospheric Administration, Liberty University Locations: Delaware, Bay, Baltimore, Port of Los Angeles, . Delaware, Maryland, Tampa Bay, Tampa, U.S, Minnesota, Union Pacific, St, New York, Bayonne, New Jersey, Staten Island, Long Beach, Calif, New Orleans, Mississippi, Port of New Orleans

☆ Here's our fourth-quarter earnings report card for 31 stocks in the portfolio
▼ + stars: | 2024-03-19 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

Please note, that Abbott Laboratories is not listed below as we did not own the name before the company's earnings release. Meta Platforms had one of the best earnings reports of the entire season, as sales, earnings, and cash flow trounced expectations. Despite missing earnings expectations, Coterra Energy delivered where it matters most: discretionary and free cash flow. Honeywell 's earnings results weren't great, with sales missing across the board and segment profit results coming up mixed. Given the stock's reaction, one might wonder why we don't think the earnings results from Palo Alto Networks were flat-out ugly.

Persons: we've, Eaton, Eli Lilly, Mounjaro, Bausch, Estee Lauder, Fabrizio Freda's, Linde, shouldn't, Morgan Stanley, Procter & Gamble, Stanley Black, Decker, We're, Wells Fargo, Nikesh Arora, Palo, they've, Locker, Jim Cramer's, Jim Cramer, Jim, Satya Nadella, Nadella, SeongJoon Cho Organizations: Abbott Laboratories, Wall, GE Healthcare, Meta, Microsoft, Investors, Nvidia, Wynn Resorts, Pharmaceuticals, Broadcom, Coterra Energy, Disney, Federal Deposit Insurance Corporation, Procter &, TJX, Google Services, Constellation Brands, Costco Wholesale, Costco, DuPont, Honeywell, Palo Alto Networks, Palo Alto, Management, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, Ford, China, Macao, Las Vegas, Boston, Wells Fargo underdelivered, Seoul

☆ Inflation will be on investors' minds next week as worries over sky-high valuations grow
▼ + stars: | 2024-03-08 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

The February consumer price index, set for release Tuesday, and the producer price index, due out Thursday, could hurt equities if the reports come out hotter than expected. The S & P 500 closed out the week with losses, but has advanced more than 7% for the year. Some stubborn spots in inflation February's consumer inflation data next week comes after January's surprisingly hot report dented investor hopes the so-called last mile to the Fed's 2% inflation target will be easy. Export Price Index (February) 8:30 a.m. Import Price Index (February) 8:30 a.m.

Persons: Giuseppe Sette, FactSet, James Ragan, Davidson, Nordstrom, Davidson's Ragan, Kathleen Grace, Russell, Office's Grace, Grace, Price, Jeff Cox, Nick Wells Organizations: Fed, Nvidia, Meta, Oracle, Treasury Budget, Adobe, Price, Index, Manufacturing Locations: chug, Michigan

☆ Productivity Is Up, Along With Hopes It Will Fuel the Economy
▼ + stars: | 2024-02-21 | by ( Jeanna Smialek | ) www.nytimes.com time to read: +1 min

Thirty years ago, officials at the Federal Reserve were hotly debating whether the economy could continue to chug along so vigorously without spurring a pickup in inflation. And back in 1994, it turned out that it could, thanks to one key ingredient: productivity. Now, official productivity data are showing a big pickup for the first time in years. If the answer is yes, it would have huge implications for the U.S. economy. And a steady pickup in productivity could allow the economy to take off in a healthy way.

Organizations: Base, Federal Reserve Locations: U.S

☆ These are the stocks investors should bet against, Wolfe Research says
▼ + stars: | 2024-02-17 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

As the market seesaws, Wolfe Research is eyeing stocks where it thinks downward pressure is building. But no matter which way the market heads from here, Wolfe thinks there are some stocks that could make for profitable short selling targets. Tesla has the second-most mentions among Wolfe's short interest screens with six, trailing Walgreens , which has seven. The stock's short interest hovers around 16% of float, and it appears on seven of Wolfe's short screens. DraftKings now appears on four of Wolfe's short screens, up from three in the month prior.

Persons: Wolfe, Tesla, DraftKings Organizations: Wolfe Research, Reserve, Dow Jones Industrial, Walgreens, LSEG, Hasbro, Moderna Locations: chug

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ Battle-tested bull: S&P 500 plows through obstacle course of worries to new high
▼ + stars: | 2024-02-03 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The S & P 500' s latest run to a record high last week took it through an obstacle course of macroeconomic and company-specific hazards. Stocks are not at all cheap, with the S & P 500 at 20-times year-ahead earnings, which probably will mute multi-year returns. The median S & P 500 stock is flat year to date, is up 13% over the past three months, has gained 30% off its 52-week low and is within 8% of its 52-week high. On Friday, even as a majority of stocks fell with the S & P 500 gaining 1%, there were 175 NYSE new 52-week highs compared to 54 new lows. Here are the equal-weighted industrial and consumer-discretionary sectors compared to the equal-weight S & P 5600 since just after the bear-market low in October 2022.

Persons: Stocks, Craig Johnson, Piper Sandler, it's, Steve Deppe, Jobs, Jerome Powell, Friday's, Henry McVey, KKR's, Keith Lerner Organizations: Treasury, Wealth Management, Meta, Microsoft, Truist, Equity Locations: Meta, handicapping

☆ Nearly $6 trillion is sitting in money market funds. Here's where that cash can go next
▼ + stars: | 2023-12-14 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Money market funds were a hot item this year, but it may be time to think about shifting some of that cash into other investments. Investors flooded into the funds, bringing the total assets to $5.89 trillion for the week ending Dec. 13, according to the Investment Company Institute. The Crane 100 Money Fund Index currently has an annualized 7-day yield of 5.19%. Yet, if rates go down next year, as expected, the yields in short-term instruments such as money market funds and high-yield savings accounts will follow suit. The firm also likes stocks with high dividend growth and free cash flow , such as Kroger , CVS Health and Qualcomm .

Persons: Josh Brown, VIG, Wolfe, Barry Glassman, Glassman Organizations: Investment Company Institute, ICI, Federal Reserve, Ritholtz Wealth, Wolfe Research, Cola, Exxon Mobil, Kroger, CVS Health, Qualcomm, Investors, Wealth Services, Dodge, Cox Income Fund, Fed, CNBC

☆ Uber Reports Record Ridership and Second Straight Quarterly Profit
▼ + stars: | 2023-11-07 | by ( Kellen Browning | More About Kellen Browning | ) www.nytimes.com time to read: +1 min

Uber on Tuesday reported financial results that showed its business was continuing to steadily chug along — and even turn a profit — as more riders and drivers used its platform than ever before. That was Uber’s second straight quarterly profit on the strength of its own business operations — rather than from its investments in other companies — a milestone for a company that had long faced questions about its profitability. While other technology companies have endured mass layoffs and nagging questions about their businesses during the recent economic downturn, Uber has generally produced consistent, positive results over the last year. Its worst days came early in the pandemic, when travel ground nearly to a halt and drivers left the platform. The 6.5 million drivers who ferried passengers and food around the world in the past quarter was a record, Uber said.

Persons: Uber Organizations: Wall, Uber

☆ Consumers Kept Spending in September, as Inflation Held Steady
▼ + stars: | 2023-10-27 | by ( Jeanna Smialek | More About Jeanna Smialek | ) www.nytimes.com time to read: 1 min

The Fed’s policy moves have been intended to slow demand in order to tamp down inflation. Price increases have been slowing down: Friday’s Personal Consumption Expenditures report also showed that overall inflation held steady at 3.4 percent in September. That was in line with what economists had expected, and is down from a peak of 7.1 percent in the summer of 2022. And after stripping out volatile food and fuel for a clearer sense of the underlying inflation trend, a closely-watched core inflation measure eased slightly on an annual basis. Still, Fed officials aim for 2 percent inflation, so the current pace is still much faster than their goal.

Persons: Price Organizations: Federal

☆ US manufacturing sector eyes recovery; construction spending solid
▼ + stars: | 2023-10-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

A separate report from the Commerce Department showed construction spending increased 0.5% in August after rising 0.9% in July, lifted by outlays on single- and multi-family housing. Spending on private construction projects rose 0.5%, with investment in residential construction advancing 0.6% after increasing 1.6% in the prior month. The construction spending report showed outlays on multi-family housing projects rose 0.6% in August. Spending on new single-family construction projects rose 1.7%. Spending on manufacturing construction projects shot up 1.2%.

Persons: Kamil Krzaczynski, Paul Ashworth, outlays, Freddie Mac, Biden, Lucia Mutikani, Andrea Ricci Organizations: REUTERS, Institute for Supply Management, PMI, North America Economist, Capital Economics, Reuters, United Auto Workers, Treasury, Commerce Department, Thomson Locations: Normal , Illinois, U.S, WASHINGTON, Toronto, Panama, China, United States, State

☆ How to find a morning routine that works for you
▼ + stars: | 2023-08-20 | by ( Upasna Gautam | ) edition.cnn.com time to read: +6 min

I don’t think my way is the best way, and I don’t believe it’s a universal prescription for the “best” morning routine. Prepping meals for breakfast or lunch can be a part of some people's early morning routines, but you should find out what works best for you. I often get asked how I stay consistent with a morning routine. I’m going to approach this new chapter of life and redefining my morning routine by answering those same four questions. When coming up with a new morning routine, prioritize one new goal at a time and build out a plan to achieve that goal, an expert suggests.

Persons: I’m, Drazen Zigic, Katy, James G, “, Upasna Gautam Organizations: CNN, Wharton School, University of Pennsylvania, Brigade

☆ At Asian Weddings, Cash Is King
▼ + stars: | 2023-08-12 | by ( Hahna Yoon | ) www.nytimes.com time to read: 1 min

When I received a wedding invitation from my friends Jiyeon Kim and Olof Norlander this year, I knew exactly where I would pick up their wedding present: the bank. The two had already married in Uppsala, Sweden, where they live, but Ms. Kim’s father wanted the newlyweds to have a second ceremony in Changwon, South Korea, where he had spent years attending the weddings of his friends’ and colleagues’ children. As is tradition, he gave the marrying couples envelopes of cash known in Korean as chug-ui-geum, or congratulatory money. Having a wedding in South Korea would allow him not only to share the joyous occasion with his family and friends, but also to offset the costs of the event with reciprocated cash gifts from attendees. “We can’t deny that the surplus in money was one of the good outcomes of the wedding,” said Ms. Kim, 32, who held her second ceremony in May.

Persons: Jiyeon Kim, Olof Norlander, Kim’s, ’, ”, Kim Locations: Uppsala, Sweden, Changwon, South Korea

Good news is bad news: It had been the mantra in economic circles ever since inflation took off in early 2021. A strong job market and rapid consumer spending risked fueling further price increases and evoking a more aggressive response from the Federal Reserve. But suddenly, good news is starting to feel good again. Inflation has finally begun to moderate in earnest, even as economic growth has remained positive and the labor market has continued to chug along. The economy could still be in for a big slowdown as the full impact of the Fed’s higher borrowing costs is felt.

Organizations: Federal Reserve Locations: chug

☆ Linde earns a price target boost after 18th consecutive earnings beat and raise
▼ + stars: | 2023-07-27 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Sales in of $8.204 billion were down 3% from last year and missed estimates of $8.676 billion compiled by Refintiv. Bottom line Linde continues to operate at a high level, no matter the twists and turns in the global economy. Secondly, it's pretty much expected that Linde will beat on earnings and raise its full-year outlook when it reports. However, most of those customers are already back online and therefore Linde expects volumes to improve sequentially in the third quarter. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Linde, Jim Cramer's, Jim Cramer, Jim Organizations: Linde, LIN, Refintiv, Management, EMEA, CNBC, Tanks, Bloomberg, Getty Locations: Europe, U.S, Gulf, East, Africa

☆ Why we're raising our price target on Microsoft despite a softer revenue outlook
▼ + stars: | 2023-07-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Revenues beat across the board, Azure's revenue growth decelerated in line with expectations, and companywide operating margins expanded nicely from last year. But total revenues fell a little less than expected, at 4%, mostly due to a 12% decline in Windows OEM revenue and a 18% drop in devices revenue growth. Gaming revenue grew 2%, with Xbox content and services revenue up 6%, offset by a 13% decline in Xbox hardware. In the productivity and business processes segment, revenue increased about 10% from last year thanks to a 15% increase in Office 365 Commercial Revenue growth. Microsoft sees Azure revenue growing 25% to 26% in constant currency, including roughly 2 points from all Azure AI services.

Persons: Amy Hood, Jim Cramer's, Jim Cramer, Jim, Satya Nadella, Flipkart, Nadella, Amit Madheshiya Organizations: Microsoft, Revenue, Refinitiv, Revenues, Services, Activision Blizzard, Office Consumer Products, Nvidia, CNBC, Microsoft Corp, Bloomberg, Getty Locations: Mumbai, India

☆ A Flood of New Workers Has Made the Fed’s Job Less Painful. Can It Persist?
▼ + stars: | 2023-07-24 | by ( Jeanna Smialek | More About Jeanna Smialek | ) www.nytimes.com time to read: +2 min

Labor supply has also received a boost as some demographic groups — including women in their prime working years — have returned to the job market in bigger numbers than anticipated, pushing their employment rates to record highs. That influx has made the Fed’s job a little less painful. Hiring has been able to chug along at a solid clip without further overheating the labor market because workers are becoming available to replace those who are getting snapped up. The expanding supply of workers has allowed the Fed to accept the faster-than-expected hiring without slamming the brakes on the economy even more aggressively. Many investors are betting the decision, which will be announced on Wednesday, could be the Fed’s final move for now.

Persons: —, ” John C, Williams, Jerome H, Powell Organizations: Labor, Unemployment, Federal Reserve Bank of New, Employers, Fed Locations: United States, Federal Reserve Bank of New York

☆ Famed luxury train is returning to Southeast Asia with two new routes
▼ + stars: | 2023-07-14 | by ( Karla Cripps | ) edition.cnn.com time to read: +4 min

In February 2024, The Eastern & Oriental Express, A Belmond Train will launch two seasonal return-trip journeys out of Singapore that take in the landscapes of its northern neighbor, Malaysia. These routes mark the brand’s official return to Southeast Asia after being forced to cease operations during the Covid-19 pandemic. The Eastern & Oriental Express, A Belmond Train's open-air observation carriage. BelmondAccording to Belmond, operator of the train, the 15 signature green- and cream-colored carriages, once a familiar site for train spotters in the region, have been restyled. Travelers familiar with the luxury train’s long-established presence in Southeast Asia might be asking: why isn’t it traveling up through Thailand to Bangkok?

Persons: George Town, Belmond, ” Organizations: CNN, Oriental Express, Oriental, State, Presidential, Travelers, Orient, CNN Travel Locations: Southeast Asia, Singapore, Malaysia, Singapore’s Woodlands, Penang, Langkawi, Taman, Pullman, Kuala Lumpur, Malay Culture, Alor Setar, George, Malaysian, Thailand, Bangkok, Venice, Kanchanaburi, Thailand’s

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