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☆ Aaron Hernandez: A timeline of the NFL player’s contentious life
▼ + stars: | 2024-10-21 | by ( Eric Levenson | ) edition.cnn.com time to read: +9 min

CNN —It’s been over seven years since the NFL star Aaron Hernandez was found dead by suicide in his prison cell at the age of 27. Now, it is the subject of FX’s limited series, “American Sports Story: Aaron Hernandez,” a dramatized retelling of the athlete’s peaks and traumas, including head injuries. 2006: Dennis Hernandez, the father of 16-year-old Aaron Hernandez, dies due to complications from a routine hernia surgery. New England Patriots tight end Aaron Hernandez loosens up before a preseason exhibition game against the New Orleans Saints at Gillette Stadium. September 17, 2024: FX debuts “American Sports Story: Aaron Hernandez,” a 10-episode series inspired by Hernandez’s life and based on The Globe’s “Gladiator” series.

Persons: CNN — It’s, Aaron Hernandez, –, ”, Dennis Hernandez, Hernandez, Urban Meyer, Tim Tebow, John Mackey, Bill Belichick, Tom Brady, Rob Gronkowski, Aaron Hernandez loosens, Barry Chin, Daniel de Abreu, Safiro Furtado, Odin Lloyd, Lloyd, Hernandez’s, Shayanna Jenkins, Carlos Ortiz, Ernest Wallace, Hernandez’s fiancée, Jenkins, Ortiz, Wallace, de Abreu, Furtado, John Tlumacki, Alexander Bradley, Bradley, “, Jose Baez, Pat Greenhouse, Prosecutors, what’s, vacates, Jonathan “ DJ ” Hernandez, Aaron Organizations: CNN, NFL, Super Bowl, Bristol Central High School, Connecticut Gatorade Football, University of Florida, Gators, football’s, Gator, New England Patriots, Florida, Pro, New, New Orleans Saints, Gillette, Boston Globe, Super, New York Giants, Patriots, Nissan, Police, Bristol County Sheriff’s Department, Seattle Seahawks, Prosecutors, Associated Press, Getty, Massachusetts Department of Correction, Boston University CTE Center, Attorney’s, Boston, Football Inc Locations: Florida, New Orleans, Cape Verde, Boston, North Attleboro , Massachusetts, Bristol, Fall River , Massachusetts, Massachusetts, Worcester County, CTE

☆ ‘Desperate Housewives’ at 20: Why Bree Van de Kamp’s style still reigns
▼ + stars: | 2024-10-03 | by ( Jemal Polson | ) edition.cnn.com time to read: +6 min

CNN —With her witty one-liners, meticulous style and comically stoic demeanor, it’s easy to see why “Desperate Housewives” Bree Van de Kamp became a fan favorite among viewers when it debuted 20 years ago today. The housewives: Nicollette Sheridan as Edie Britt, Marcia Cross as Bree Van De Kamp, Eva Longoria as Gabrielle Solis, Felicity Huffman as Lynette Scavo and Teri Hatcher as Susan Mayer. Not only is Cross playing a character, Bree is arguably playing one, too. Mixing high-end streetwear and luxury fashion, Adair sourced clothes from all over Los Angeles, where “Desperate Housewives” was shot — cutting up existing garments to make new ones. By the show’s end, Bree moves away from the mystery state Wisteria Lane is situated in, taking up residence in Kentucky.

Persons: Bree Van de Kamp, Susan Mayer, Teri Hatcher, Lynette Scavo, Felicity Huffman, Gabrielle Solis, Eva Longoria, Marcia Cross, Bree, Marc Cherry, Lady Nancy Reagan, Charlotte, façade, Nicollette Sheridan, Edie Britt, Bree Van De Kamp, Andrew Eccles, Catherine Adair, Rex, Adair, Cross, fiancé George, Dina Bar, Charlotte York, Moshe Brakha, Danny Feld, “, ”, Renee, Vanessa Williams, ” Adair, Marcia, Gabrielle, Susan, She’s Organizations: CNN, Globes, Disney, Housewives Locations: Wisteria Lane, Charlotte York, Los Angeles, Kentucky

☆ I don't want to forget who I was before becoming a dad. I make time for friends who don't have kids and allow myself to pursue hobbies.
▼ + stars: | 2024-07-16 | by ( Evan Porter | ) www.businessinsider.com time to read: +5 min

As a dad of two young girls, I do so much parenting that sometimes it feels like that's all I ever do. We feed and entertain the kids from dawn 'til dusk and often re-enter the grind on Monday more exhausted than ever. Simply put, there's just not much time for my own hobbies, time with friends, or many of the things that used to make me me. Spending time with my pre-kid and non-parent friends is crucialOne thing that never fails to invigorate me is time spent with my friends who either don't have kids, or who knew me before I did. It's so important to both of us that we see each other as more than just "mom" or "dad."

Persons: —, there's, It's, it's, I'm, Doc, there's Taylor Swift, that's, we're Organizations: Service

☆ America's Economic Plan Will Hurt World Economy, Global Stock Markets
▼ + stars: | 2024-06-09 | by ( Linette Lopez | ) www.businessinsider.com time to read: +11 min

The European Central Bank began easing interest rates on Thursday, cutting its benchmark rate by 0.25%. Investors and economists expect the Federal Reserve to follow suit and cut interest rates in September. This combination means there's a good chance that the September cut Wall Street is praying for may never materialize. The US already has somewhat higher interest rates than other countries — the Fed's benchmark rate is 5.25%- 5.50%. And in Asian economies, where interest rates are already significantly lower than in the US, things could get even messier.

Persons: Tamara, Vasiljev, Peter Schaffrik, Nigel Green, Green, we're Organizations: European Central Bank, Investors, Federal Reserve, Oxford Economics, JPMorgan, UBS, Bloomberg, of International Finance, Markets, RBC Capital Markets, deVere, Fed, We're, ECB, Bank of, EU, Bank of Canada, Bank of Canada's, Bank of England Locations: stagflation, China, Europe, Japan, South Korea, It's, America, United States, EU, Bank of England, Canada, East Asia

☆ We're buying more of a stock that should rally when the Fed starts cutting rates
▼ + stars: | 2024-06-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

We are buying 50 shares of Stanley Black & Decker at roughly $83.89. Following the trade, Jim Cramer's Charitable Trust will own 890 shares of SWK, increasing its weighting to 2.33% from 2.20%. The bear case around Stanley Black & Decker can be summed up in one line: mortgage rates are too high. We're not trying to forecast when the cutting will start, but we like the idea of holding onto a name like Stanley Black & Decker for when it happens. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stanley Black, Decker, Jim Cramer's, Jim, We're, Jim Cramer Organizations: Stanley, SWK, Barclays, Home, Federal Reserve, CNBC

☆ 5 moves investors can make as they navigate extreme speculation with the potential for huge losses, according to elite investor Gary Shilling
▼ + stars: | 2024-06-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The investing environment is loaded with risks, according to top forecaster Gary Shilling. AdvertisementStock market investors are facing the risk of huge losses as the economy slows, and there are five rules they should follow to prepare for future headwinds, according to elite forecaster Gary Shilling. The stock market's setup also looks troubling. Shilling has advised investors in Chinese stocks to switch to Indian assets for months, citing factors like better economic growth prospects and population growth. AdvertisementShilling has maintained a notably bearish view on stocks and the economy, despite more investors warming up to the possibility of soft landing.

Persons: Gary Shilling, —, Shilling, Steer Organizations: Service, Stock, Reserve, Nvidia Locations: China, India

☆ New York tech workers make $135,000 on average, but can't afford the vast majority of apartments on the market
▼ + stars: | 2024-05-21 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Things are so bad that even tech workers, who make some of the highest salaries of any profession, are feeling the crunch. Entry-level tech workers made an average of $75,262 in 2023, and could only afford 2.1% of studio and one-bedroom rental apartments in the city, StreetEasy found. "If these tech employees can't afford housing, then who can?" But even as New York City has created 800,000 new jobs in the last 10 years, it's only built 200,000 new homes. The average tech worker makes 52% more per year than the average worker in New York City, the StreetEasy report noted.

Persons: StreetEasy, Julie Samuels, Samuels, —, Kenny Lee, Eric Adams, Kathy Hochul, Hochul, Adams Organizations: Service, Apple, Business, Tech, New York City, New York State Department of Labor, York City, New York, Yorkers Locations: New York, Manhattan, York City, San Francisco, New York City, StreetEasy, Yorker, York

For half a century, the federal government has treated marijuana as one of the more dangerous drugs in the United States. On Tuesday, the Biden administration signaled a significant shift in approach. Zolan Kanno-Youngs, a White House correspondent for The Times, explains how big an impact the proposed changes could have.

Persons: Biden, Zolan Kanno Organizations: The Times Locations: United States

☆ The Fed is determined not to reduce interest rates too soon, experts say — a mistake the central bank has made in the past
▼ + stars: | 2024-04-10 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

watch nowThe risks of allowing inflation to persist still far outweighs the risk of triggering a recession. Mark Higgins author of "Investing in U.S. Financial History: Understanding the Past to Forecast the Future." This time around, the central bank is likely to remain extremely cautious, Higgins said, even if that means holding rates higher for longer. The Fed's 'two major mistakes'"The Fed has made two major mistakes in its history," according to Higgins, and those two missteps still influence the central bank's moves today. Indeed, Volcker was able to ultimately break inflation, but shockingly high interest rates also brought the economy to its knees (and the housing market to a standstill).

Persons: Mark Higgins, Higgins, Paul Volcker, Volcker Organizations: Fund, CNBC, Fed

☆ 2024 is the year of the rate cut pivot — here's when the world's central banks will budge
▼ + stars: | 2024-03-13 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +6 min

EIU also expects the Bank of Japan will exit its negative interest rate policy in the second quarter. Markets currently expect the Fed to start with a 25-basis-point rate cut in June. Euro zoneThe European Central Bank last week also held its policy rate at a record high of 4%, signaling that it won't cut rates before June. JPMorgan said in a research note that the Turkish central bank may cut its policy rate in November and December, keeping its year-end policy rate forecast of 45%. IndonesiaIndonesia's central bank kept its benchmark policy rate at 6% in its recent meeting.

Persons: EIU, Jerome Powell, LSEG, Nomura, Perry Warjiyo, CNBC's JP Ong, BOK, Goldman Sachs, Goohoon Kwon, Kwon Organizations: Getty, Economist Intelligence Unit, Bank of Japan, United, United States U.S, Federal, Fed, European Central Bank, ECB, Swiss National Bank, UBS, Bank of Canada, Bank of, JPMorgan, Reserve Bank of, ANZ, New Zealand Auckland Savings Bank, Bank, Bank Indonesia, BMI, Fitch Solutions, U.S, Oxford Economics, Macquarie Locations: Czech, China, Japan, United States, Switzerland Swiss, Bank of Canada, Turkey, Turkish, Reserve Bank of Australia, New, Indonesia, South Korea, Asia

☆ The Trump-supporting governor of Montana is staking his reelection on a set of 'miracle' YIMBY housing policies
▼ + stars: | 2024-03-09 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

Greg Gianforte blames Paramount's hit 2018 soap opera "Yellowstone" for what he calls his state's most pressing crisis: housing affordability. The so-called Montana Miracle has been celebrated by progressive housing advocates across the country. The policies are supply-side fixes for the crisis — creating more housing to drive down costs — rather than subsidizing renters or lower-income homebuyers. Education Images/Getty ImagesRunning on housingGianforte was "pretty distant" when it came to overseeing the housing task force, Dugan said. Last June, he extended the housing task force through the next legislative session.

Persons: —, Greg Gianforte, Paramount's, Kevin Costner's, Gianforte, It's, it's, Kelly Lynch, who've, Mary Vanier, Kendall Cotton, Nathan Dugan, Daniel Zelnikov, Zelnikov, Lynch, Dugan, trickier, I've, he's, That's, Karlen, George Nikolakakos Organizations: Service, Business, Big Sky, Montana League of, Republican, Democratic, Montana, Frontier Institute, GOP Locations: Montana, Bozeman, and Towns, Montana's, Missoula, California, Whitefish, Washington

The situation was so dire last year at one Walgreens store in San Francisco, employees resorted to padlocking frozen foods. The effort to undo some aspects of Prop 47 comes amid a broader check on some other liberal crime enforcement policies in America. Police data shows that larceny theft, which includes retail theft and car break-ins, is down 37% from this time last year. On Tuesday, San Francisco voters approved two ballot measures spearheaded by Breed. Last September, the state announced it would be sending $267 million to law enforcement agencies throughout the state to tackle organized retail theft.

Persons: Gavin Newsom, It’s, ”, Jason Henry, “, Marlene Harden’s, Harden, Chloe, …, ” Harden, Marlene Harden's, Thanh Tran, Tran, Ella Baker, CNN Lenore Anderson, ” Anderson, Richard Bailey of Coronado, Breed, Tayfun, –, Miracle, don’t, We’re, Newsom, He’s Organizations: San Francisco CNN —, Republican, Democratic, Democratic Gov, CNN, Public, Institute of California, state’s Department of Justice, Walgreens, Walmart, ” Walmart, Westfield San Francisco Centre, New York Times, “ Walgreens, ”, National Retail Federation, Target, Ella Baker Center for Human, Attorneys, San Francisco Mayor London, San Francisco Mayor London Breed, Anadolu Agency, San Francisco Chronicle, Police, “, San Francisco, Breed Locations: San, California, San Francisco, America, Oregon’s, San Diego County, Francisco, Texas, South Carolina

☆ Review: Dancing Out ‘Goldberg’ With a Nod to John Travolta
▼ + stars: | 2024-02-23 | by ( Gia Kourlas | ) www.nytimes.com time to read: +1 min

Images of women testing their bodies’ endurance have been swirling about the universe lately. For “The Goldberg Variations, BWV 988,” De Keersmaeker is joined by the young Russian-born pianist Pavel Kolesnikov. On paper, De Keersmaeker’s version of “Goldberg Variations” is a solo. This “Goldberg” is stark and simple, painting a choreographic picture full of shadows and light that mercifully loosens up over time. So does De Keersmaeker, a respected experimentalist based in Brussels, who has turned to Bach several times over the course of her career.

Persons: Taylor Swift, Madonna, Anne Teresa De Keersmaeker, ” De Keersmaeker, Pavel Kolesnikov, “ Goldberg, Goldberg, Bach Locations: Russian, Brussels

☆ These stocks are well positioned for when the Federal Reserve starts cutting rates, Barclays says
▼ + stars: | 2024-02-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

This would likely push the Federal funds target range to between 4.5% to 4.75% by the end of this year, he said. Take a look at the stocks Barclays thinks are best-positioned for lower rates later this year. Darden Restaurants is one of the consumer names Barclays believes can outperform when the Fed loosens rates. Clothing retailer Gap is another stock Barclays believes will be a rate-cut cycle winner. GPS YTD mountain The Gap shares in 2024 Agribusiness company Bunge also made the cut.

Persons: Terrence Malone, Malone, Jeff Bernstein, Bernstein, Jason Goldberg, Goldberg, Adrienne Yih, Bunge, Ben Theurer, —, Michael Bloom Organizations: Barclays, Darden, Olive Garden, LongHorn, Fifth, Bancorp, Old Navy, Banana, Analysts, Bunge Locations: Olive, Banana Republic

☆ The Fed is going to hold out on rate cuts longer than we think, investment strategist says
▼ + stars: | 2024-02-15 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

The Fed is going to hold out on rate cuts longer than we think, a John Hancock strategist said. Consumer spending and market momentum are strong, while elevated rates haven't created meaningful cracks in the economy. "We're seeing riskier areas like crypto-related stocks and AI darlings' momentum taking hold in the market." And the flurry of cash is also being fed into the stock market. AdvertisementBitcoin's price has punched past $51,000 to levels last seen in 2021, rallying regardless of hiccups in the stock market like Tuesday's pullback after a hot CPI report.

Persons: John Hancock, —, John, Emily Roland, Jerome Powell, Roland, we're Organizations: Consumer, Service, CNBC, splurging, Nvidia, Fed Locations: YOLO

☆ NYC gets hit by the biggest snowstorm in 2 years. It's part of a growing trend of extreme weather events.
▼ + stars: | 2024-02-13 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +7 min

Winter storm Lorraine is the latest event in this growing trend, which experts say is driven largely by global climate change. The polar vortex is like a figure skaterThe polar vortex can unleash cold Arctic temperatures upon Canada and the US. AdvertisementBut in reality, the impact of climate change on winter weather is much more complex. AdvertisementThat could explain why the US is still experiencing episodes of record-breaking low winter temperatures despite an overall rise in annual average temperatures, Cohen explained. AdvertisementAnd as climate change continues to warm the Arctic, Francis anticipates we will see more of these events.

Persons: Lorraine, Judah Cohen, It’s, Cohen, ” Cohen, “, Matthew Williams, Ellis, David Becker, Brace, Joe Pool, Julio Cortez, Jennifer Francis, ” Francis, Francis Organizations: Service, NOAA, MIT, Getty, . Research, Boston, Climate Research Locations: New York, East, Philadelphia, Boston . New, Montana, Minnesota, Canada, California, Eurasia, America, Portland , Oregon, Joe

☆ US CEOs say they are feeling optimistic about the economy for the first time in 2 years
▼ + stars: | 2024-02-08 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

American CEOs are finally feeling more upbeat about the US economy, with the mood turning more positive for the first time in two years. Notably, the latest survey marks the first time the gauge has returned a positive reading since the first quarter of 2022. More CEOs also say they expect to expand their workforce in the next 12 months. Additionally, the percentage of leaders holding a bleak outlook for the economy dropped from 47% to just 27%. A resolution to the current military conflicts, AI advancements, and potential rate cuts were listed as the biggest potential positive developments for global business in 2024.

Persons: Roger W, Ferguson, Jr, Major Organizations: Business, Conference, Federal Reserve Locations: Israel, Ukraine, Russia, China

☆ Opinion | A Radical Proposal for Nikki Haley: Try to Win More Votes
▼ + stars: | 2024-01-27 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

Nikki Haley lost the New Hampshire primary but found a cause: getting under Donald Trump’s not exactly rhinoceros-thick skin. Haley’s turn toward mockery and confrontation has created modest excitement in the disillusioned world of NeverTrump punditry. Maybe the remaining non-Trump Republican is giving up on being vice president or winning some future G.O.P. The idea that there exists some form of elite Republican denunciation, combined with egregious Trumpian misbehavior, that could shatter the G.O.P. coalition and send him to a Barry Goldwater or George McGovern-style defeat, seemed plausible enough eight years ago.

Persons: Nikki Haley, Donald Trump’s, Nick Catoggio, Trump, Barry Goldwater, George McGovern, Bill Munny, Clint Eastwood’s, “ Deserve’s Organizations: New, Republican, Trump Republican, Republicans, Democratic Party Locations: New Hampshire

☆ Northwest faces freezing rain and heavy snow while Arctic blast loosens its grip on eastern US
▼ + stars: | 2024-01-17 | by ( Elizabeth Wolfe | Robert Shackelford | ) edition.cnn.com time to read: +11 min

Mark Zaleski/The Tennessean/USA Today Network Snow falls on parked cars in Concord, New Hampshire, on January 16. Gary Hershorn/Corbis News/Getty Images Snow and ice dust a worker who was removing snow from a sidewalk in Des Moines on January 13. Dan Powers/USA Today Network Firefighters rescue a man after his car was stuck in a flooded area in Charlotte, North Carolina, on January 9. Gregg Pachkowski/USA Today Network Snow covers the trees around the Holy Hill Basilica and National Shrine of Mary in Hubertus, Wisconsin, on January 9. Tariq Zehawi/NorthJersey.com/USA Today Network Flooding is seen at an intersection in Spartanburg, South Carolina, on January 9.

Persons: Nikki Haley, Deb Cram, Andrew Kelly, Mark Zaleski, Snow, Will Lanzoni, Rogelio V . Solis, Amanda Andrade, Rhoades, Reuters Isaac Hammond, Geoff Stellfox, Brandon Bell, Christian Monterrosa, Daniel Cole, Dan Busey, Crews, RJ Sangosti, Jeffrey T, Barnes, Chip Somodevilla, Barbara J, Al Drago, Gary Hershorn, Brendan McDermid, Joseph Prezioso, Jim Vondruska, Andrew Harnik, Eric Seals, Rebecca Zimmerman, Antonio Perez, Zuma Snow, Erin Hooley, Drake, Sam Wolfe, Bryan Woolston, Kelly, Jo St, Aubin, Dan Powers, Peter Zay, Floyd Bennett Field, Spencer Platt, Scott Olson, County Sheriff Tommy Ford, Jaide Garcia, CNN Linda Cox, Gregg Pachkowski, of Mary, Mike De Sisti, Joe Raedle, Michael Gordon, Michael Gordon Workers Brian Henderson, Phil Murphy, Tariq Zehawi, Alex Hicks Jr, Nouran Salahieh, Joe Sutton, Sarah Dewberry, Raja Razek, Jennifer Henderson Organizations: CNN, National Weather Service, Oregon -, . Maine, Police, Rockies, South Washington Cascades, Omni Mount Washington, USA, Reuters, Mississippi State Capitol, Reuters Isaac Hammond braves, Austin, Bergstrom International Airport, Iowa State Capitol, Getty, Denver International Airport, MediaNews, Denver Post, NFL, Buffalo Bills, Pittsburgh Steelers, AP, Columbus Dispatch, Bloomberg, Corbis, Reuters Storm, AP Vehicles, Chicago Tribune, TNS, Storm Bros, Network Firefighters, County Sheriff, National, of, Milwaukee Journal, People, Michael, Michael Gordon Workers, New, New Jersey Gov, Spartanburg Herald Locations: Pacific Northwest, Pacific, Oregon, Northwest, Portland , Oregon, Columbia, Oregon - Washington, Maine, • Buffalo , New York, Buffalo, Tennessee , Mississippi , Arkansas , Kansas, In Tennessee, Knoxville, Washington, Washington , Idaho, Montana, Portland, South, Bretton Woods , New Hampshire, New, New York, Philadelphia, Baltimore, Nashville , Tennessee, Concord , New Hampshire, Jackson, Wheeling , Illinois, Washington ,, Malcolm , Iowa, Austin , Texas, Des Moines, AFP, Florence , Alabama, Orchard Park , New York, Williamsburg , Iowa, Worthington , Ohio, Atlantic , Iowa, Hudson, Jersey City , New Jersey, Winthrop , Massachusetts, Ankeny , Iowa, Iowa, Northwestern, Farmington Hills , Michigan, Oak Park , Illinois, Chicago, Bamberg , South Carolina, Annapolis , Maryland, Kaukauna , Wisconsin, Charlotte , North Carolina, Anadolu, Brooklyn , New York, Iowa City , Iowa, Panama City Beach , Florida, Florida's Bay County, County, Myrtle Grove , Florida, Hubertus , Wisconsin, Bay County , Florida, Florida , Alabama, Georgia, Totowa , New Jersey, New Jersey, Spartanburg , South Carolina, Cincinnati, Detroit, Texas, Gulf, Buffalo , New York, Watertown , Massachusetts, Midwest

Ron DeSantis warned in a CNN town hall Tuesday night that Republicans are “going to lose” the 2024 election if they nominate former President Donald Trump. Nikki Haley – in Iowa’s caucuses, the Florida governor fielded questions in New Hampshire at a town hall moderated by CNN’s Wolf Blitzer. Here are five takeaways from DeSantis’ town hall:Florida Gov. Ron DeSantis, left, participates in a CNN Republican presidential town hall moderated by Wolf Blitzer, right, at New England College in Henniker, New Hampshire, on January 16, 2024. DeSantis answers a question during the town hall in New Hampshire on January 16, 2024.

Persons: Ron DeSantis, Donald Trump, Nikki Haley –, CNN’s Wolf Blitzer, Haley, Trump, “, ” DeSantis, “ We’re, ”, Wolf Blitzer, Will Lanzoni, CNN DeSantis, won’t, DeSantis, Ryan Binkley, it’s, DeSantis ’, That’s, Republicans DeSantis, lumping, Joe Biden, hadn’t, we’ve, Scott, –, MSNBC’s Joy Reid, “ We’ve, — that’s Organizations: CNN, Florida Gov, Trump, South Carolina Gov, Republican, CNN Republican, New England College, ABC News, New, GOP, Nevada Republican, Republicans, Trump voters, College Board, Republican Party, defund, Fox, Disney Locations: Iowa’s, Florida, New Hampshire, DeSantis ’, Henniker , New Hampshire, South Carolina, Granite State, Nevada, Dallas, Iowa, DeSantis, United States, Covid, Orlando

(PRO subscribers can view the official 2024 strategist survey here . ) "Lifting our 12-month S & P 500 target to 5100 as inflation falls, the Fed turns dovish, and real yields plunge," Kostin wrote. Other Wall Street firms with similarly bullish forecasts include Citigroup and BMO Capital Markets, which each have S & P 500 price targets of 5,100. Barclays' Venu Krishna was even more bearish, anticipating the S & P 500 would fall to 3,725. Entering the penultimate trading week of the year, the S & P 500 is almost 23% higher in 2023, while the Nasdaq Composite has advanced almost 42%.

Persons: —, Stocks, Sam Stovall, Monday, Stovall, Goldman Sachs, David Kostin, Kostin, John Stoltzfus, Stoltzfus, America's Savita Subramanian, JPMorgan's, Bujas, Morgan Stanley, BofA's Subramanian —, Venu Krishna, Oppenheimer's John Stoltzfus, Dow Industrials Organizations: CNBC, Federal Reserve, Dow Jones, CFRA Research, Goldman, Oppenheimer Asset Management, Citigroup, BMO Capital Markets, Bank, America's, Nvidia, Microsoft, Barclays, Nasdaq Locations: Friday's

For much of this year central banks have successfully pushed back against rate cut bets. "I believe the Fed will act rationally and begin to cut rates by the end of next year, but we can't rule out the scenario that the Fed is not going to cut rates and just let the ramifications of recession do what they do." Reuters GraphicsSHIFT NEARINGMarkets now fully price in a 25 basis point U.S. rate cut in May, having seen a 65% chance earlier this week. "There are now committee members in all three (banks) willing to talk about rate cuts next year," said Chris Jeffery, head of rates and inflation strategy at LGIM. "The ECB should begin to ease policy as soon as April 2024, with risks that a more sinister downturn in growth could warrant a rate cut as soon as March," he said.

Persons: Jonathan Ernst, ramping, It's, Nate Thooft, Goldman, Christopher Waller, Huw Pill, Yannis Stournaras, Chris Jeffery, we'd, Dario Perkins, Simon Harvey, Yoruk, Naomi Rovnick, Harry Roberston, Davide Barbuscia, Ira Iosebasvili, Saqib Iqbal Ahmed, Dhara Ranasinghe, Catherine Evans Organizations: . Federal, REUTERS, ECB, U.S . Federal Reserve, European Central Bank, Manulife Investment Management, Treasury, Graphics, Bank of England, Deutsche, Lombard, Traders, Yoruk Bahceli, Thomson Locations: Washington, United States, Europe, Goldman Sachs, Greek, Amsterdam, London

☆ Mexican lawmakers OK stock market reform bill
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Nov 15 (Reuters) - Mexico's lower house on Wednesday passed a bill aimed at revamping national stock exchanges, a long-awaited move meant to boost trading following a spate of delistings from the main market in recent years. The bill loosens regulations for companies to go public, speeding up the process and reducing the costs involved, said Mexico's largest market operator, the Bolsa Mexicana de Valores, in a statement. The bill had previously passed in the Senate, and will now be sent to President Andres Manuel Lopez Obrador's desk to be signed into law. Just 138 companies are listed on the Bolsa Mexicana de Valores, which has gone six years without a new listing, barring spin-offs. Reporting by Kylie Madry and Diego Ore; Editing by Anthony Esposito and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Gabriel Yorio, Andres Manuel Lopez, Lala, Kylie Madry, Diego Ore, Anthony Esposito, Stephen Coates Organizations: MEXICO CITY, Bolsa Mexicana de, Senate, Grupo Sanborns, Thomson Locations: MEXICO, Bolsa Mexicana de Valores

U.S. Federal Reserve officials are puzzling over why bond borrowing rates spiked lately even as Fed policy expectations have remained largely unchanged. Whether a resurfacing "term premium'" now demanded to buy and hold longer-term bonds, is responsible is central to the conundrum. Britain's brief budget and debt shock late last year and the way the Bank of England was forced to react was perhaps a taster. "Once current debt has been refinanced and the average interest on debt reflects the higher long rates, absent changes in policy, debt ratios will increase," Blanchard wrote. The opinions expressed here are those of the author, a columnist for Reutersby Mike Dolan Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Marcos Brindicci, Olivier Blanchard, Washington's, Blanchard, it's, Morgan Stanley, Mike Dolan, Marguerita Choy Organizations: REUTERS, . Federal Reserve, Bank of England, International Monetary Fund, Washington's Peterson Institute for International Economics, U.S, Congressional, Reuters, Thomson Locations: Buenos Aires, Argentina, United States, Europe

U.S. Federal Reserve officials are puzzling over why bond borrowing rates spiked lately even as Fed policy expectations have remained largely unchanged. Whether a resurfacing "term premium'" now demanded to buy and hold longer-term bonds, is responsible is central to the conundrum. Britain's brief budget and debt shock late last year and the way the Bank of England was forced to react was perhaps a taster. "Once current debt has been refinanced and the average interest on debt reflects the higher long rates, absent changes in policy, debt ratios will increase," Blanchard wrote. US debt costs soarRates minus Growth hits budget mathCBO's long-term debt projectionsDYSFUNCTION AND EXPLOSIONThere were tinges of optimism though.

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