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☆ The markets saw right through China's latest economic support hype
▼ + stars: | 2024-10-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

China's stock markets slumped after a 10-day rally that was driven by Beijing's stimulus announcement in September. Retail investors dominate China's markets, influencing sentiment and market movements. AdvertisementChina's top leadership has a problem with its economic stimulus: its own investors at home saw right through the hype this week. China's domestic stock markets slumped on Wednesday after a 10-day blitz culminated in a two-year high. China's domestic stock markets are dominated by over 200 million mom-and-pop retail investors, who account for about 70% of the trading volume.

Persons: —, weren't, Jun Rong, that's, Vishnu, Li Qiang, Hele Qiao, Qiao Organizations: Investors, Service, People's Bank of China, Reform Commission, BofA Global Locations: Shanghai, Shenzhen, China, Hong Kong, Beijing, Asia, Japan, Xinhua, Greater China, China's

☆ Are Hannah and Nick from 'Love Is Blind' season 7 still together? The couple had a tense time in Mexico
▼ + stars: | 2024-10-02 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Hannah and Nick are one couple who make it out of the pods to the group vacation in Mexico. AdvertisementWarning: Spoilers ahead through episode six of "Love Is Blind" season seven. While Hannah continues to date Nick and Leo, Nick tells her that he loves her first, and she reciprocates. AdvertisementHannah and Nick still follow each other on InstagramRight now, it's unclear if Hannah and Nick are still together. The next episodes of "Love Is Blind" season seven will air on Wednesday, October 9 on Netflix.

Persons: Hannah, Nick, —, they're, Leo, Hannah rebuffing, Nick doesn't, TikTok, didn't Organizations: Service, Netflix Locations: Washington, D.C, Mexico, Japan

☆ Biden dropping out adds more uncertainty to markets. What investors are saying
▼ + stars: | 2024-07-22 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

"We will continue to have both bulls and bears because you have both sides who are talking about the uncertainty, increased uncertainty regarding the presidency," Stovall added. A 'Red Wave'? "It seems as if the greatest likelihood is a red wave," Stovall said. Trump trade hurt? To be sure, Sunday's announcement could pump the brakes on the so-called Trump trade seen since the late-June debate.

Persons: Joe Biden's, Biden, Kamala Harris, Sam Stovall, Trump, Stovall, it's, —, PredictIt, Harris, CFRA's Stovall, Wells, Stephen Baxter, Baxter, Oppenheimer, Hogan, Riley, It's, Kim Forrest, Forrest, Fred Imbert Organizations: Trump, CFRA, Democratic National Convention, Republican, Democratic, Medicaid, Med Adv, Bokeh Capital Partners Locations: Friday's

☆ Russian spies only need $3 a month to dupe someone online: report
▼ + stars: | 2024-07-05 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

According to the report, one of the operations in Project Kylo would have cost the Russian spies around $3 a month to manipulate one Western internet user. "It is precisely the fear for the future, uncertainty about tomorrow, the inability to make long-term plans, the unclear fate of children and future generations," the document read. And the number of Russian spies in the West is now estimated to be at the highest it has been in decades. Russian spy activities "are as high or even higher than during the Cold War," a Western intelligence officer told The Financial Times in March. AdvertisementGerman newspaper Welt am Sonntag reported in April 2023 that Russian spies have used Tinder to target German politicians and soldiers in a bid to obtain intelligence related to the Ukraine war.

Persons: —, Der, Der Spiegel, Victor Muller, Sonntag Organizations: Service, The, Der Spiegel, Business, SVR, Der, Criminal, Financial Times, Welt Locations: Ukraine, Germany, Russian, The Hague, West

☆ The generation that may never retire: Why some millennials are behind on savings — and how they can catch up
▼ + stars: | 2024-05-29 | by ( Jacob Zinkula | William Edwards | ) www.businessinsider.com time to read: +14 min

However, the average millennial reported roughly $63,000 in retirement savings so far. While millennials will need more money to retire comfortably, many are far away from the savings milestone experts suggest. What's more, the future of the US Social Security system is uncertain, and longer expected lifespans — while a positive development — will require more retirement savings. How to figure out how much retirement savings you needTiffany Bell, a 36-year-old business management professional based in Houston, didn't always take retirement savings seriously. How millennials can get their retirement savings back on trackWhile some millennials are struggling financially, it's not all doom and gloom when it comes to their retirement prospects.

Persons: Nathaniel Hudson, Hartman, millennials, Tiffany Bell, didn't, Bell, she's, they're, Chris Chen, Chen, Judi Leahy, it's, Leahy, NerdWallet, Bell —, —, X, What's, Nilay Gandhi, Roth, Rita Assaf, Assaf, Gandhi Organizations: Business, Northwestern Mutual, Pew, US Social Security, Fidelity, Financial, Citi, Wealth Management, Vanguard, Big, CFP, Roth IRA, Fidelity Investments, Savings, Hudson Locations: Portland, Houston, New York, Montana

☆ Will Red Sea Shipping Disruptions Worsen Inflation? - The New York Times
▼ + stars: | 2024-01-16 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

There are many reasons to be horrified about recent events in the Middle East, and the prospect that attacks on shipping might undermine progress against inflation is way, way down the list. Nonetheless, if you are trying to forecast inflation, disruption of a major choke point for global commerce — the Red Sea is how ships get to and from the Suez Canal — isn’t what you want to see. Since there’s no reason to expect these more diffuse problems to return, the inflation impact of the conflict with the Houthis and its effect on Red Sea shipping will be limited. But anyone citing that number as evidence of stubborn inflation is deeply misinformed. Indeed, if he or she is in the business of giving financial advice, harping on 3.9 percent amounts to professional malpractice.

Persons: I’ve, they’ve Organizations: Consumer Locations: Suez, Los Angeles

☆ From late arrivals to surprise phone calls, how to recover when your job interview is going off the rails
▼ + stars: | 2023-11-28 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +6 min

Here, Freeman and Sharghi share some common awkward situations that can disrupt a job interview, and how to recover from them with grace. If you're alerted that your interview will run behind schedule, it's appropriate to remind the recruiter about your own time constraints. "It all boils down to communication and being transparent with the recruiter," Sharghi says. Your phone goes offIn 99% of cases, if your phone goes off mid-interview, don't answer it, Freeman says. The interviewer is giving you zero energySometimes you may feel you're giving your most high-energy, best first impression, but you're getting little positive feedback from your interviewer, Freeman says.

Persons: Teresa Freeman, Farah Sharghi, Freeman, Sharghi, you've, stow, it's, I'm, — Organizations: Deloitte, Google

☆ Opinion | Why Aren’t More People Getting Married? Ask Women What Dating Is Like.
▼ + stars: | 2023-11-11 | by ( Anna Louie Sussman | ) www.nytimes.com time to read: +3 min

Having written about gender, dating, and reproduction for years, I’m struck by how blithely these admonitions to get married skate over people’s lived experience. On the rare occasions that women are actually asked about their experiences with relationships, the answers are rarely what anyone wants to hear. In the late 1990s, the sociologists Kathryn Edin and Maria Kefalas interviewed 162 low-income single mothers in Camden, N.J., and Philadelphia to understand why they had children without being married. “Money is seldom the primary reason” why mothers say they are no longer with their children’s fathers. “There are women that are just out here trying, and the men aren’t ready,” she told me.

Persons: I’m, people’s, Kathryn Edin, Maria Kefalas, “, “ ghosted, ”, Camino, William Julius Wilson, Nora Ephron, Kearney, Daniel Cox Organizations: American Enterprise Institute Locations: Camden , N.J, Philadelphia

☆ Verizon's CEO swears by a simple 1-question morning routine: It gets you into the 'right mood and right energy'
▼ + stars: | 2023-09-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

For Verizon CEO Hans Vestberg, self-reflection is serious business. Vestberg started the routine in 2009 after becoming CEO of Swedish telecommunications company Ericsson, and he's done it "every day" since, he said. Each morning, Vestberg ranks his mood "from 1 to 10," he said, helping him get into the "right mood and right energy" to do his job. Jerry Colonna, an executive coach sometimes known as the "CEO whisperer," has a similar routine called "radical self-inquiry" that he says helps him make better decisions. "Spend a few minutes each day, but not the entire day, asking questions like how am I really feeling?

Persons: Hans Vestberg, Vestberg, He's, Jerry Colonna, Colonna, Juliette Han Organizations: Verizon, Fast, Ericsson, CNBC, Harvard

☆ Welcome to Sweaty, Angry Midlife. Here’s Your Sullen Teenager!
▼ + stars: | 2023-09-02 | by ( Sara Austin | ) www.nytimes.com time to read: +2 min

We meet Grace when she’s sitting and sweating in traffic — until, no longer able to bear it, she abandons her car and walks away. She is desperate to get to her teenager’s birthday party across town, hoping to make amends after a fight. An 11th-hour reveal — you may find it moving or manipulative — sheds light on Grace’s particular anxieties. I may be proving the author’s point by noting that her central character can be hard to root for. Try as she might, there is no way to separate your hormones from your true self.

Persons: Grace, she’s, Littlewood, Michael Douglas, Grace Adams, Amy Dunne, Bernadette Fox, Barbie, ”, “, ” Littlewood

Walk into Cesar Villavicencio's three-bedroom apartment in Washington Heights, New York City, and you might think he had two roommates. Villavicencio graduated in 2009, and, like many aspiring Broadway stars, packed his bags for New York City. But in drag, Villavicencio found empowerment that had eluded him. Zachary Green and Lauren Shamo | CNBC Make ItWhen it comes to getting in drag, Villavicencio's costs, just like his income, can be variable. In addition to five weekly shows, Villavicencio performs as Pixie at a residency in Fire Island and at corporate engagements.

Persons: Cesar Villavicencio's, Pixie Aventura, Villavicencio, I'm, Cesar Villavicencio, Zachary Green, Lauren Shamo, John Leguizamo, Vegas Dion, Payless, Cesar Villavicencio Villavicencio, Aventura, let's, I've, he's, Elham, Max, isn't, It's, She's, Pixie Organizations: CNBC, Miami, YouTube, Otterbein University, Salvation Army, Broadway, West, Cornell Medicine, Nursing, New, Fire, Apple, Max Locations: Washington Heights , New York City, Villavicencio, New York, Fire, South Florida, Westerville , Ohio, Columbus, New York City, Aventura, Villavicencio's New York, homebuying

The first Barbie Doll from 1959 is displayed at the interactive exhibition "The World of Barbie" on June 28, 2023, at Santa Monica Place in Santa Monica, California. A weapons engineer turned doll maker is the unexpected link to "Barbenheimer," the affectionately dubbed duo from Warner Bros.′ "Barbie" and Universal's "Oppenheimer." And yet, the Barbie doll comes from a weapons background. Before designing the world's most famous doll, Jack Ryan worked for aerospace giant Raytheon and helped create the weapons that formed the backbone of America's missile defense. On July 24, 1959, Ryan filed a U.S. patent detailing his concept for what would later become the world's most recognizable toy doll.

Persons: Barbie, Oppenheimer, harping, Jack Ryan, Ryan, Cathy Organizations: Santa Monica, Warner Bros, Raytheon, Yale, Patriot, Mattel Locations: Santa Monica , California

☆ Cramer: The Cassandras are wrong about the market (again) — here's why I'm upbeat
▼ + stars: | 2023-07-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

The impossibility of any company doing anything right, or as right as the market seems to judge, serves as the only homily worth offering. You simply don't land at all. Of course, the biggest worry to this market is its two-tiered nature: The mega-cap techs versus all the rest. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Warren Buffett, It's, Jerome Powell's, Alan Greenspan, Ben Bernanke, Powell, deride Powell, —, it's, Wells, Vin Diesel, he'll, Goldman Sachs, Amy Hood, Tim Cook's, Mark Zuckerberg's pickleball, Clive Cussler, Stephen King, Lina Khan's, Jonathan Kanter, Khan, Morgan, let's, Jim Cramer's, Jim Cramer, Jim, Victor J Organizations: Apple, Wells, JPMorgan, PepsiCo, Treasury, Bank of America, Microsoft, Activision Blizzard, Nvidia, Intel, Devices, Colgate, Federal Trade, Activision, Justice Department, sycophantic, Fed, Jim Cramer's Charitable, CNBC, Visitors, New York Stock Exchange, Blue, Bloomberg, Getty Locations: People's Republic of China, China, Wells Fargo, America, New York

☆ In rare UN appearance, North Korea defends missile launch
▼ + stars: | 2023-07-13 | by ( Michelle Nichols | ) www.reuters.com time to read: +4 min

[1/3] Hwasong-18 intercontinental ballistic missile is launched from an undisclosed location in North Korea in this image released by North Korea's Korean Central News Agency on July 13, 2023. The 15-member Security Council met after North Korea said it tested on Wednesday its latest Hwasong-18 ICBM, adding the weapon is the core of its nuclear strike force. "We categorically reject and condemn the convening of the Security Council briefing by the United States and its followers," North Korea's U.N. North Korea last spoke at a council meeting on its nuclear and ballistic missile programs in December 2017, diplomats said. North Korea - formally known as the Democratic People's Republic of Korea (DPRK) - has been under U.N. sanctions for its missile and nuclear programs since 2006.

Persons: Kim Song, Jeffrey DeLaurentis, NATO DeLaurentis, Washington, China's U.N, Zhang Jun, Zhang, Michelle Nichols, Mark Porter, Deepa Babington Organizations: North, Korean Central News Agency, KCNA, REUTERS UNITED NATIONS, Security, Democratic People's, U.S, United Nations, NATO, DPRK, Thomson Locations: North Korea, United States, U.N, Korea, Democratic People's Republic of Korea, DPRK, Pyongyang, Russia, China, Britain, France, South Korea, Washington, Beijing, Moscow, emboldening North Korea, CHINA, U.S, NATO, China's

☆ Marines without Senate-confirmed leader for first time since 1859 after GOP senator blocks nominee
▼ + stars: | 2023-07-11 | by ( Zoë Richards | ) www.cnbc.com time to read: +3 min

For the first time in more than 150 years, the Marine Corps is operating without a Senate-confirmed commandant. The delay marks the first time the Marine Corps will have been without a Senate-confirmed commandant in 164 years. At a ceremony Monday for Berger — the Marine Corps' 38th commandant — Defense Secretary Lloyd Austin urged the Senate to act. "You know, it's been more than a century since the U.S. Marine Corps has operated without a Senate-confirmed commandant," Austin said. Tuberville, who for months has been using a procedural tactic to slow promotions that are typically approved through unanimous consent, objected to Reed's move, citing the Pentagon's abortion policy.

Persons: Sen, Tommy Tuberville, Vivek Murthy, David H, Berger, GOP Sen, Eric Smith, Lloyd Austin, it's, Austin, that's, Jack Reed, Reed, Tuberville, Reed's, Sabrina Singh, Roe, Wade Organizations: Health, Education, Labor, Marine Corps, GOP, —, Senate, U.S . Marine Corps, United States, Senate Armed, Pentagon, Supreme Locations: Alabama

☆ Trump's Waco rally fans take his word as gospel and can't fathom voting for anyone else: 'Whatever he says is just golden for me'
▼ + stars: | 2023-03-27 | by ( Warren Rojas | ) www.businessinsider.com time to read: +8 min

"All the solutions we need are strictly Donald J. Trump," one diehard fan told Insider. "I"m just waiting for Trump," the Waco resident, who declined to give his last name, told Insider. Republican Rep. Matt Gaetz of Florida mingles with MAGA supporters during former US President Donald Trump's 2024 campaign rally in Waco, Texas. Nguyen Adams, who said she wouldn't call herself a full-fledged Trump supporter, told Insider she was there mainly out of curiosity. The world is not safe," Edy told Insider, adding that she's worried that America is being taken over by communists and freedom-hating domestic terrorists.

☆ Biden, 'outraged' by oil company profits, to hit issue again in White House remarks
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Oct 31 (Reuters) - U.S. President Joe Biden, who has expressed outrage at oil companies making record profits while Americans pay high fuel prices, will make a statement on the issue at the White House on Monday, the White House said. Biden will speak at 4:30 p.m. (2030 GMT) in response "to reports over recent days of major oil companies making record-setting profits even as they refuse to help lower prices at the pump for the American people," the White House said in a statement. During a Democratic fundraiser in Philadelphia, he suggested additional actions were coming, but White House officials have declined to provide details. Biden said six of the largest oil companies made $70 billion in profit during the last quarter, with some doubling their earnings. The price of gasoline and overall high inflation are a political stumbling block for Democratic congressional candidates in the upcoming midterm elections.

☆ The sleeper county that could decide the Senate
▼ + stars: | 2022-10-28 | by ( Natasha Korecki | Natasha Korecki Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +10 min

All of those factors make Washoe County the ultimate battleground for Cortez Masto and Laxalt. Both campaigns say that in the final 11 days, they’re swamping Washoe County with TV ads, canvassers and events. “Without a significant win in Washoe County, she has very few paths of winning Nevada.”Washoe County eluded Cortez Masto and Laxalt in their most recent statewide races. “The Democrats keep harping on that item here,” Bruce Parks, the Washoe County Republican chair, said of the abortion issue. “As I talk to Nevadans, including in Washoe County, it’s a combination of things — it’s not just the kitchen table issues,” she said.

Saudi Crown Prince Mohammed bin Salman receives U.S. President Joe Biden at Al Salman Palace upon his arrival in Jeddah, Saudi Arabia, July 15, 2022. Still, the U.S.-Saudi rift is widening as Saudi Crown Prince Mohammed bin Salman, widely known as MbS, flags his country's -- and his own -- importance on the world stage. "He has made a great effort since day 1 to signal to the U.S. that he wants excellent ties. Prince Mohammed, the kingdom's de facto ruler, is aware of Riyadh's oil market power and position as a counterweight to Iran, and may stand firm in the face of U.S. criticism. It says it faces a threat from Iran and its proxies, especially after 2019 attacks that temporarily hit Saudi oil output and shook energy markets.

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