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Steve Eisman of "The Big Short" fame said he's unfazed by the weakness in bank stocks as well as any uncertainty around the Federal Reserve's next easing cycle. To Eisman, there's nothing to worry about. Eisman shot to fame by shorting collateralized debt obligations to profit from the demise of subprime mortgage loans before the 2008 financial crisis. Wednesday's data showed the consumer price index , a broad measure of goods and services costs across the U.S. economy, increased 0.2% in August , in line with the Dow Jones consensus. The economy Concerns about lower-income consumers have also increased recently, but Eisman said they are not indicative of a systemic issue endangering the wider economy.
Persons: Steve Eisman, he's, Neuberger Berman, shorting, Michael Lewis's, Eisman, Dow Jones Organizations: Federal, JPMorgan, Ally Financial, Dollar Locations: U.S
"We are seeing a material increase in client demand for committed acquisition financing, which we expect to continue on the back of increasing M&A activity," he said. "We're seeing it in our dialogue with sponsors," Solomon said. On the strategic side, Goldman advised on the roughly $60 billion sale of the oil and gas company Pioneer to Exxon. Solomon said Goldman also expects to benefit from the uptick in demand through its lending capabilities. "When there are more M&A transactions, whether it was financial sponsors or big corporates, there is more financing attached to that," he said.
Persons: , Goldman Sachs, David Solomon, Goldman, Solomon, Jamie Dimon, JPMorgan Chase, didn't, Dimon, Donald Trump, I'm, Permira Organizations: Service, Business, Investment, JPMorgan, Federal, Exxon Locations: Silicon Valley
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJerry Seinfeld doesn't care that "Unfrosted," his directorial debut, got terrible reviews. I think it's funny that you hated it because you wanted to laugh and you didn't laugh." "Unfrosted" follows a handful of successful recent movies about the creation of popular products, including "Steve Jobs," "The Social Network," and "Tetris." Even though it failed to make waves, Netflix didn't lose as much money on "Unfrosted" as it could have.
Persons: , Jerry Seinfeld, Bob Cabana, Melissa McCarthy, Hugh Grant, James Marsden, Bari Weiss, Seinfeld, he's, Steve Jobs, Mattel, Netflix didn't, would've, Glen Powell, Tom Cruise Organizations: Service, Rotten, Business, Social Network, Netflix Locations: California
WWE and its parent company, TKO, have said that they take Grant's allegations "very seriously." Staying in touchMcMahon has also talked to Trump, according to two of the people close to the wrestling impresario. The two billionaires have been in touch regularly, according to a person close to McMahon, although it isn't clear what they've discussed. Another person close to McMahon said that the two men don't discuss their legal problems and that Trump doesn't provide legal advice. Publicly, Johnson has thanked TKO and WWE executives regarding his addition to the TKO board earlier this year.
Persons: Vince McMahon, Donald Trump, Mark, McMahon, Janel Grant, he's, hasn't, Mark Shapiro, doesn't, McMahon hasn't, Paul, Levesque, Stephanie McMahon, wasn't, Jessica Rosenberg, Grant's, Jan, John Laurinaitis, Janel, couldn't, Ann Callis, Grant, Nicholas Biase, Linda McMahon, McMahon's, Bill Pugliano, Donald J, Trump, Dwayne, Johnson, John Cena, Cena, Howard Stern, I'm, William Morris, Cena didn't, Endeavor Group's, Ari Emanuel, Brendan Mcdermid Organizations: WWE, Austin Straubel, Getty, World Wrestling, NBC News, CNBC, Triple, Federal, U.S, Attorney's, Southern, of, Trump, WWE Hall of Fame, PAC, Trump Media, Technology Group, Street Journal, Trump Foundation, Hollywood, William, William Morris Endeavor, Endeavor Group, Endeavor, Endeavor Group's UFC, Longtime Hollywood, New York Stock Exchange Locations: Green Bay , Wisconsin, United States, Caicos, Italy, of New York, Connecticut, Manhattan, Atlantic City, Trump's, York, New York City, U.S
She won't throw her daughter a birthday party each year and instead opts for family celebrations. AdvertisementA Pennsylvania mother swatted down criticism after saying she wouldn't host birthday parties for her daughter each year. But it actually is not my first time dealing with negative comments and a viral video," Light said. AdvertisementShe continued: "Here's the deal: She is getting a first birthday party, she is getting a Sweet Sixteen and she is getting a graduation party. In the same video, Light told viewers she knows her daughter might want a birthday party one day, which is fine.
Persons: , Marissa Light, she's, Light, I'm, she'll Organizations: Service, Light Locations: Pennsylvania
We have tried almost every single way to approach gun violence in a way that people will pay attention. There have been 50 mass shootings in the United States so far this year, according to the Gun Violence Archive. Brett Cross says he's unfazed by critics who are against the use of AI-generated voices of children killed by gun violence. But earlier this month, it announced that robocall scams using AI-generated voices are a violation of telecommunications law. He says some parents who’ve lost children to gun violence were reluctant to take part in the project.
Persons: CNN — Joaquin Oliver’s, Marjory Stoneman, “ It’s, , ” Manuel, Patricia Oliver, Joaquin, Marjory Stoneman Douglas, Cody Jackson, , Manuel Oliver, Uzi, Garcia, Mitch Renfro Uzi Garcia, “ I’m, Brett Cross, he’s, he's unfazed, Nuri Vallbona, Ethan Song, Akilah Dasilva, Mike Baughan, Jaycee Webster, Uzi Garcia, Jordan Vonderhaar, Biden, ’ landlines, Oliver, they’re, Alex Quilici, ’ —, Robert Wahl, ” Manuel Oliver, who’ve, It’s Organizations: CNN, Capitol, Marjory Stoneman Douglas High School, Parkland, Kansas City, Robb Elementary School, Reuters, Maryland, Federal Communications Commission, New, Telephone Consumer, Concordia University Wisconsin, Hollywood Locations: Parkland, Parkland , Florida, Florida, Kansas, United States, Uvalde , Texas, Connecticut, Tennessee, Maryland, New Hampshire
"I want to take a beat and decide how I'm going to live my life," Pena, 37, told Insider. "People now have more freedom to hop in and out of the labor market," she told Insider. Wren Taylor, 35, enjoyed her summer of funemployment last year after being laid off from her corporate marketing job. "Their comments affirmed that I wasn't wasting my time," she told Insider. During job interviews, she said that all she could think about was the freedom she'd lose by going back to a traditional job.
Persons: Suzy Welch, , Delia Pena, " Pena, Pena, she's, I'm, Gen, funemployment, Randall Peterson, who'd, Wren Taylor Wren Taylor, Julia Pollak, Pollak, Wren Taylor, they'd, I'd, Wren Organizations: NYU, Service, London Business School, ZipRecruiter, Labor Department, Catalina Locations: funemployment
The movie "Flamin' Hot" celebrates Mexican heritage and the invention of Flamin' Hot Cheetos. Impressed with the unlikely entrepreneur, Enrico gave it a try — and thus, Flamin' Hot Cheetos were born, and Montañez's career took off. "Flamin' Hot" stars actor Jesse Garcia as Richard Montañez. Eva Longoria directed the new film "Flamin' Hot." The LA Times article, amongst journalists and amongst this small group of people, may get some traction.
Ye, formerly known as Kanye West, has lost deals to the tune of billions of dollars this month. Ye later sent a box of the shirts to homeless people on Los Angeles' Skid Row in a move one local advocate said made "a mockery and political prop of Black Angelenos." Adidas and Gap cut their ties with Ye this week. A day later, fashion magazine Vogue and its editor-in-chief, Anna Wintour, said they had no plans to continue working with him. This week, famed talent agency CAA dropped Ye, and film and TV studio MRC shelved a finished documentary on him.
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