Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Central"


25 mentions found


Austin, the state capital of Texas, can add another title to its name: best college town in the U.S., according to a recent ranking by WalletHub. The city is home to a number of schools, including the University of Texas at Austin, which is one of the largest research universities in the U.S. and has a student population of over 51,000. The city itself is located in central Texas and home to nearly 980,000 people, with a median household income of $86,556, per the latest available U.S. Census data. To generate its list of best college towns, WalletHub used data from a number of sources, including the U.S. Census Bureau and the Bureau of Labor Statistics, to analyze 415 cities and towns of various sizes across America. Plus, the cities tend to come with a lower cost of living than larger cities like New York or Los Angeles.
Persons: Austin, Austin Ann, Ann Arbor, Tempe Gainesville , Florida — University of Florida Atlanta — Georgia Institute of Technology It's Organizations: WalletHub, University of Texas, U.S . Census, Bureau of Labor Statistics, America ., Austin , Texas — University of Texas, Austin Ann Arbor , Michigan — University of Michigan, Ann Arbor Orlando , Florida — University of Central, Ann Arbor Orlando , Florida — University of Central Florida Tampa , Florida — University of Tampa, Ann Arbor Orlando , Florida — University of Central Florida Tampa , Florida — University of Tampa Raleigh , North Carolina —, Carolina State University Scottsdale, Scottsdale Community College, Virginia — University of Virginia, Virginia — University of Virginia Tempe , Arizona — Arizona State University, Tempe, Tempe Gainesville , Florida — University of Florida, Tempe Gainesville , Florida — University of Florida Atlanta — Georgia Institute of Technology Locations: Texas, U.S, Austin, America, Austin , Texas, Austin Ann Arbor , Michigan, Ann Arbor Orlando , Florida, Ann Arbor Orlando , Florida — University of Central Florida Tampa , Florida, Ann Arbor Orlando , Florida — University of Central Florida Tampa , Florida — University of Tampa Raleigh , North Carolina, Carolina State University Scottsdale , Arizona, Scottsdale Community College Charlottesville, Virginia, Virginia — University of Virginia Tempe , Arizona, Tempe Gainesville , Florida, Tempe Gainesville , Florida — University of Florida Atlanta, New York, Los Angeles
Now that the central bank is lowering rates — with a new quarter point rate cut announced by the Fed on Thursday — experts say having money in cash can still be a competitive strategy. Yet just how much cash to set aside is a question every individual investor needs to determine. Strive for at least a six-month emergency fundMost financial advisors recommend having cash set aside so that unexpected expenses don't blow your budget or cause you to rack up credit card debt. However, having a year's worth of expenses set aside may also be reasonable, depending on your household budget, she said. For many individuals, inflation and having too many expenses has made finding cash to set aside more difficult.
Persons: Nopphon, Greg McBride, Callie Cox, that's, Cox, Natalie Colley, Colley Organizations: Istock, Getty, Federal Reserve, Fed, Ritholtz Wealth Management, Francis Financial, Finance Locations: New York
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, the Fed cutting interest rates yesterday was never really in doubt . Additional rate cuts aren't as clear, though, as Donald Trump's proposed widespread tariffs could slow down the Fed's plans . The market is indicating inflation could lead the Fed to keep borrowing rates high. AdvertisementGreg McBride, chief financial analyst at Bankrate.com, told Insider Today that Fed Chair Jerome Powell didn't indicate a pause in cuts was coming in December during Thursday's press conference.
Persons: , MANDEL NGAN, Chelsea Jia Feng, Donald Trump's, Paul Krugman, It's, Chip Somodevilla, Greg McBride, Jerome Powell didn't, Powell, McBride, There's, Dominique Lapointe, Lapointe, Trump, ANGELA WEISS, Morningstar, Trump's, Dave Sekera, Goldman execs, Goldman Sachs, David Solomon, Donald Trump, Jenny Chang, Rodriguez, Elon Musk, David Zaslav, Zaslav, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Getty Images, BI, Federal Reserve, Treasury, Fed, Manulife Investment Management, Morningstar, Elon, Trump, Keystone State, Big Tech's, Walmart, Target, Costco, Big Media, Warner Bros, Discovery, Paramount, Sony Locations: AFP, China, Pennsylvania, New York, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigher budget deficit isn't a top concern given strong U.S. economy and dollar's central roleTodd Jablonski from Principal Global Investors says while Trump's economic policies may push up inflation, the Fed can counter balance that with monetary policy.
Persons: Todd Jablonski Organizations: Global Investors
Inflation data in the week ahead could determine whether a stock market that surged to all-time highs after Donald Trump 's decisive victory can continue to push higher. Meanwhile, the October producer price index, which excludes shelter, is set to have risen 0.3%, consensus estimates show, up from a 0.0% reading the prior month. Initial Claims (11/09) 8:30 a.m. Producer Price Index (October) Earnings: Applied Materials , Walt Disney Friday, Nov. 15 8:30 a.m. Export Price Index (October) 8:30 a.m. Import Price Index (October) 8:30 a.m.
Persons: Donald Trump, Hogan, We've, Nancy Tengler, Bitcoin, Harker, Tyson, Price Organizations: Federal Reserve, Riley Wealth Management, FactSet, Laffer, Investments, Trump, Dow Jones, Nasdaq, Atlanta Fed, Treasury, Philadelphia Reserve, Carnegie Mellon, Occidental Petroleum, Nation Entertainment, Tyson Foods, Mosaic, Treasury Budget NSA, Cisco Systems, Walt Disney, Price, Retail, Manufacturing Locations: China, U.S
Powell to Trump: Go ahead, make my day
  + stars: | 2024-11-08 | by ( Elisabeth Buchwald | ) edition.cnn.com   time to read: +5 min
That’s essentially what Federal Reserve Chair Jerome Powell is experiencing with President-elect Donald Trump’s return to the White House. When a reporter asked the Fed chair if he’d resign if Trump asked him to, Powell didn’t miss a beat. Removing a Fed chair isn’t so simpleIf Trump, or any president for that matter, were to try to remove a Fed chair, they would encounter a steep uphill battle. Ultimately, the Supreme Court could have the final say on what merits a “for cause” firing of a Fed chair. Trump has tried testing the limits anywayNevertheless, Trump threatened to fire Powell on several occasions when he was first president.
Persons: That’s, Jerome Powell, Donald Trump’s, Trump, he’d, Powell didn’t, , , curtly, ” Powell, Powell, won’t, Powell doesn’t, Joe Biden, ” Trump Organizations: New, New York CNN, Federal, Trump, Republican, Bloomberg, Economic, of Chicago Locations: New York
Below, we've compiled everything you need to know about how to watch the NWSL Playoffs, starting with this weekend's quarterfinals. How to watch NWSL Playoffs in the USThe NWSL Playoffs will air across multiple streaming services and networks. Prime Video subscriptions start at $9/month, but you can also access Prime Video with a standard Amazon Prime subscription. Cord-cutters can live stream ABC through a live TV streaming service like DirecTV Stream or Fubo. Check price at ExpressVPNHow to watch NWSL Playoffs with a VPNSign up for a VPN if you don't have one.
Persons: We'll, Orlando Pride, ExpressVPN Organizations: Business, National Women's Soccer League, NJ, NY Gotham FC, Portland Thorns, Chicago Red Stars, Orlando Pride, Orlando Pride , North Carolina Courage, . Kansas City, Bay FC, Washington, Video, CBS, ABC, Orlando, Amazon, Amazon Prime, Carolina Courage, Paramount Plus, Paramount, Showtime, Nickelodeon, Comedy Central, BET, MTV, DirecTV, DirecTV Stream Locations: Orlando Pride ,, Bay, NJ
Gold ticks lower but holds near key $2,700 level
  + stars: | 2024-11-08 | by ( ) www.cnbc.com   time to read: +2 min
Argor Heraeus SA-branded one kilogram gold bars are arranged for a photograph at the Chinese Gold and Silver Exchange Society in Hong Kong, China. Gold prices eased on Friday but hovered around the $2,700 level, as traders assessed the impact of Donald Trump's presidency and its implications for the U.S. interest rate outlook. Spot gold fell 0.4% to $2,697.19 per ounce as of 0251 GMT and was headed for a weekly loss. Gold prices are marginally pressured due to the market's uncertainty over U.S. political and policy developments, said Kyle Rodda, financial market analyst at Capital.com. Spot silver fell 0.8% to $31.75 per ounce, platinum fell 0.2% to $994.80 and palladium shed 0.21% to $1,022.36.
Persons: Argor, Donald Trump's, Kyle Rodda, Rodda, Brian Lan Organizations: Argor Heraeus, Silver Exchange Society, U.S, Federal Reserve, GoldSilver, Gold Locations: Hong Kong, China, Singapore, Beijing
Trump took a dim view of the Powell Fed during his first term in office, calling policymakers "boneheads" and once compared Powell to a golfer who couldn't putt. Powell, who was nominated by Trump in November 2017 and took office the following February, largely shrugged off the criticism then, and he again deflected Thursday. However, dealing with the ramifications of a Trump presidency will be almost unavoidable for the Fed leader. LaVorgna has a unique perspective on the situation, having served as chief economist for the National Economic Council under Trump. Trump historically has favored lower rates, though that too could change if the Fed cuts and inflation rises.
Persons: Jerome Powell, Kent Nishimura, Donald Trump, Trump, Powell, I'm, Joseph LaVorgna, LaVorgna, Lavorgna Organizations: Federal, Getty, firebrand Republican, Powell Fed, Trump, Fed, Nikko Securities, National Economic Council Locations: Washington, Washington , DC, stoke
studioEAST | Getty ImagesSome LinkedIn users have reported receiving unsolicited flirtatious messages via the platform, with expert Bernie Hogan at the Oxford Internet Institute saying the employment-focused social website is increasingly being used for dating purposes. "It's just a gross feeling ... it's gross, it's unprofessional," Huddy told CNBC. "LinkedIn is not a workplace, it merely frames itself as a workplace," he told CNBC Make It. A recent Forbes Health Survey of 1,000 Americans who have used dating apps in the past year found that 78% felt fatigued emotionally, mentally, or physically by dating apps sometimes, often, or always. "So LinkedIn has effectively created a dating site without dating," Hogan added.
Persons: Bernie Hogan, Blair Huddy, Huddy, She's, Shriya, DatingNews.com, Hogan, Courtney Boyer, Boyer, Sasha Dutta, Dutta, Oscar Wong Organizations: Getty, Oxford Internet Institute, Hudson Davis Communications, CNBC, LinkedIn, Microsoft, Facebook, Forbes Health Survey Locations: studioEAST, Los Angeles, U.S, Central Florida, Asian
Star Leila George spoke to BI about filming two versions of the pivotal scene. Leila George in "Disclaimer." AdvertisementThe 'Disclaimer' ending's twist hinges on dual versions of one sex scene, both performed by Leila GeorgeLouis Partridge and Leila George in "Disclaimer." For George, it was important to know that any sex scenes she was doing were essential to the story and not gratuitous. Advertisement"Everyone is safe as long as you're following the moves that you've pre-planned," George said, likening coordinated sex scenes to fight scenes or dance scenes.
Persons: Alfonso Cuarón, Star Leila George, , Oscar, Cate Blanchett, Catherine Ravenscroft, she's, Stephen Brigstocke, Kevin Kline, Jonathan, Stephen's, Nancy, Catherine, Nicholas, Stephen, Rather, she'd, Leila George, we'd, Leila George Louis Partridge, George, Cuarón, Louis Partridge, Samantha Murray, Partridge, he'd, I've Organizations: Apple, Service Locations: Renée, Italy
Russia's brain drain has become its economy's biggest problem, an economist told Business Insider. The long-lasting nature of brain drain makes the issue more serious than, say, inflation, which could be remedied by central bank maneuvering. Over the next decade, Russia's economy could devolve into one dependent mainly on its natural resources rather than on the most innovative industries, Portes speculated. That's similar to what other economic forecasters have predicted, with some warning Russia's economy could become de-industrialized as its resources are siphoned off by the war. Advertisement"It will be reduced to a resource economy, a natural resource economy," he said of Russia's future.
Persons: , Richard Portes, they've, Portes Organizations: Service, London Business School, Russia, French Institute of International Relations, Business, Institute of Economics, Russian Academy of Sciences, Labor, Russian, UC Berkeley Locations: Russia, Ukraine
Trump has praised the leaders of many of these nations, especially Hungary’s far-right prime minister Viktor Orbán. Those angles include attacking journalists, discrediting their reporting, applying pressure on media owners to induce self-censorship, launching legal challenges, and leveraging wealthy allies to buy up media outlets to turn them into government mouthpieces. Those outlets were then centralized into the powerful media conglomerate, the Central European Press and Media Foundation (KESMA). That hub now controls roughly 500 outlets, Wójcik said, “consolidating the majority of pro-government media under a single entity.”The few remaining independent media outlets that continue to operate in the country “face challenges, including legal obstacles and broadcast license denials,” Wójcik said. Kamenchuk also expressed optimism that the “levers and limits” on the executive branch enshrined in US law will work to protect the free press.
Persons: Donald Trump, Trump, Sharon Moshavi, “ It’s, , Viktor Orbán, , Moshavi, ” Moshavi, Olga Kamenchuk, Kamala Harris, Harris, ” Kamenchuk, ” Anne Applebaum, ” Applebaum, who’s, Orbán’s, Anna Wójcik, Orbán, Wójcik, ” Wójcik, Mikhail Zygar, Der Spiegel, Vladimir Putin, ” “ Putin, , Putin, A.G . Sulzberger, ” Sulzberger, Applebaum, it’s, Kamenchuk Organizations: New, New York CNN, International Center for Journalists, Northwestern University, The Washington Post, Los Angeles Times, Kozminski University, , Central European Press and Media Foundation, “ Journalists, CBS, New York Times Locations: New York, Europe, United States, Russia, Hungary, India, Poland, Washington, authoritarians, Russian
Yields and prices have an inverted relationship and one basis point is equivalent to 0.01%. U.S. Treasury yields were lower on Friday as investors considered the outlook for interest rates and the economy after the Federal Reserve's latest rate cut decision. Treasury yields had tumbled on Thursday after the Federal Reserve announced a 25 basis point interest rate cut to a target range of 4.50%-4.75%. The Fed began easing rates at its previous meeting in September with a more aggressive 50 basis point reduction. One Fed meeting remains on the agenda for this year on December 17 to 18, for which traders were last pricing in an around 75% chance of another rate cut, CME Group's FedWatch tool showed.
Persons: Jerome Powell, Powell Organizations: Treasury, U.S, Federal, Federal Reserve, Fed
Lan revealed that, as of the end of 2023, China had an enormous hidden debt balance of 14.3 trillion yuan ($1.99 trillion). Officials aim to trim that amount to 2.3 trillion yuan ($320 billion) by 2028. Hitting a growth targetThe scale of the debt swap, seen as underwhelming by some investors, was largely in line with the expectations of economists. Still, at this pace of growth, there’s a risk Beijing may miss its growth target rate of around 5%. Since then, economists have been expecting additional stimulus measures worth up to 10 trillion yuan ($1.4 trillion) to restore bullishness in the world’s second-largest economy.
Persons: Donald Trump, Lan Fo’an, ” Lan, Lan, Larry Hu, Xi Jinping Organizations: Hong Kong CNN, House, Finance, National People’s Congress, , Macquarie Bank, Reuters Locations: China, Hong Kong, Lan, Beijing
Andrew Caballero-Reynolds | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Powell, in yesterday's press conference, maintained that "the election will have no effect on our policy decisions." According to the futures market, just 30.4% of traders think the Fed will cut rates again in January. "By December, we'll have more data, I guess one more employer report, two more inflation reports and lots of other data," Powell said.
Persons: Jerome Powell, William McChesney Martin Jr, Andrew Caballero, Reynolds, Jim Reid, Trump, Scott Helfstein, Powell, we'll, that's, , Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Alex Harring Organizations: Federal Reserve, AFP, Getty, CNBC, Deutsche, Tech, Apple, Nvidia, Nasdaq, Dow Jones, Global, Congress, Fed Locations: Washington , DC
Dollar winds down after volatile week, China NPC in focus
  + stars: | 2024-11-08 | by ( ) www.cnbc.com   time to read: +4 min
The dollar further unwound some of its sharp gains from earlier in the week as traders closed out profitable bets on a Trump presidency after his election victory. That helped lift sterling back toward the $1.30 mark, while the yen similarly got some respite and hovered closer to the 153 per dollar level. Sterling last traded $1.2983, recovering from its fall to a roughly three-month low earlier in the week. Against a basket of currencies, the dollar ticked up 0.03% to 104.44, on track to gain just above 0.1% for the week. "All eyes are on what may emerge from China's policy toolkit after the conclusion of the NPC standing committee meeting."
Persons: Donald Trump's, Chancellor Olaf Scholz, Kerry Craig, Trump, Wells, Jay Bryson, Sterling, David Chao Organizations: White, National People's Congress, Trump, Federal Reserve, Morgan Asset Management, Traders, Bank of England, NPC, New Zealand, Asia Pacific, European Union Locations: U.S, Beijing, Germany, Wells Fargo, Japan, Invesco
But that doesn’t mean as a result interest rates are now low — or will soon be low. “‘Falling interest rates’ are not the same as ‘low interest rates.’ Interest rates are high and will only decline to ‘not as high’ as … we move into 2025,” said Greg McBride, chief financial analyst at Bankrate. Credit cards: Just before the Fed cut its key rate in September, the average credit card rate was 20.78%, according to Bankrate. Another option: Try transferring your balance to a credit card from a credit union or local bank. Before the Fed’s September rate cut many of those accounts were offering yields between 4.25% and 5.3%, according to those listed on Bankrate.com.
Persons: , Greg McBride, Matt Schulz, Chris Diodato, they’re, Freddie Mac, Sam Khater, Freddie Mac’s, ” McBride, Sinead Colton Grant, Colton Grant, , Don’t, Diodato, you’re, BNY, they’ve Organizations: CNN, Reserve, Bankrate, Fed, LendingTree, Treasury, Savings Locations: Treasuries
Treasury yields have ripped higher of late, even as the Federal Reserve continues to cut rates. The benchmark 10-year Treasury note yield has soared nearly 70 basis points to 4.3% since mid-September, when the Fed cut rates by a half-point. Despite the Fed's latest action, the incoming Trump administration is likely to keep yields elevated, according to Ned Davis Research. Dimitrova noted that rising debt-to-GDP ratio has been closely linked with higher bond yields. The question for investors now is: How long until higher yields start putting pressure on equities?
Persons: Trump, Ned Davis, Veneta, Dimitrova, Goldman Sachs, BNTX Organizations: Federal Reserve, Ned Davis Research
Business Insider spoke to three residency and citizenship consultancies about what they heard in the 48 hours after the election was called. Advertisement"Americans normally will take an average of three weeks to four weeks to review the documents before signing anything," Arton said. This time, it's different: "They're signing it the same day." While demand has risen steadily, Galst said clients' tone this week took on particular urgency — they're no longer just shopping around for options. "In the last 24 hours, I've heard real urgency," Galst said.
Persons: , Donald Trump readies, They've, Steve Ballmer, Armand Arton, He's, Arton, they're, Partners Judi Galst, Galst, I've, it's, Pela Terra Organizations: Democratic, Service, White, Business, Arton, Henley, Partners, Henley & Partners, US Nationals, Gaza, Hamas Locations: Montreal, New York, Connecticut, California, London, Palestinian, Portugal, Caribbean, Ireland, Germany, Austria, Poland, Florida, American, Europe
I worked as a VIP tour guide at Disneyland, so I know which offerings aren't worth visitors' time. AdvertisementIn the five years I worked as a VIP tour guide at Disneyland, I got to know the park very well. Amber WainwrightNothing beats a sky-high view of the park, but the Pixar Pal-A-Round isn't as relaxing as it looks. Don't shop for merch until you're on your way out of the parkDon't buy your merch until you're about to leave the park. AdvertisementAvoid the Mickey & Friends parking structureNo matter where you park at Disneyland, there will likely be many cars already there.
Persons: , Amber Wainwright, Steer, I've Organizations: Pixar, Mickey, Service, Friends, City Hall Locations: Fantasyland
The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve. The S&P 500 gained 0.74% to close at a record high of 5,973.10. The S&P 500 jumped 2.53% for its best post-election day in history. Those big swings were the backdrop for the Federal Reserve’s interest rate cut Thursday afternoon. “The balance of risks gives the Fed ample room to lower the Fed Funds rate well into 2025.
Persons: Donald Trump’s, Trump’s, Jerome Powell, , Jamie Cox, Trump, Tony Roth, we’ve, ” Roth, JPMorgan Chase Organizations: Nasdaq, Federal Reserve, Dow Jones, Dow, Treasury, Harris Financial, Wilmington Trust, , Big Tech, Apple, Nvidia, JPMorgan, American Express Locations: Wilmington
The chart below shows the difference between Trump’s vote percentage in 2020 and his percentage in 2024 in Pennsylvania precincts. Dots above the dotted black line are precincts where Trump out-performed his vote percentage four years ago. Most precincts in Pennsylvania shifted toward Trump, with the biggest shifts coming in areas where he won 20% to 30% of the vote in 2020. While Harris and Biden both won this region comfortably, Harris’ vote margin was nearly 120,000 votes smaller than Biden’s. The map on the left shows Philadelphia precincts according to who won that precinct.
Persons: Donald Trump’s, Trump, Trump’s overperformance, Harris, Harris ’, Biden Organizations: NBC, Republicans, Democrats, Trump Locations: Pennsylvania, Trump, Philadelphia, Harris, That’s, Center City
Hurricane Rafael has turned to the west after lashing Cuba where it knocked out the country’s electrical grid, leaving its 10 million residents in the dark. Rafael will continue to move away from western Cuba on Thursday and will weaken over the central Gulf of Mexico. “On the forecast track, Rafael is expected to move over the southern Gulf of Mexico for the next few days,” the National Hurricane Center said. A man walks through a darkened street due to a blackout after the pass of hurricane Rafael in Havana, on Wednesday. I hope all the power will be restored when the storm is over,” Havana resident Mabel Suarez told Reuters.
Persons: Rafael, Yamil Lage, Mabel Suarez Organizations: National Hurricane Center, Locals, Reuters, , The Associated Press Locations: Cuba, Cuban, Artemisa, Key West , Florida, Mexico, , Havana, AFP, Florida, ” Havana
From AI healthcare solutions to groundbreaking mobility and cybersecurity tech, GITEX GLOBAL 2024 showcased innovations and industry shifts set to shape the future digital landscape. Hassan Alnaqbi, CEO of Khazna Data Centers, joins a panel discussion at GITEX GLOBAL 2024. Xpeng Aeroht's flying car prototype and Zapata's Airscooter on display at GITEX GLOBAL 2024. Confronting global challengesWith global cybercrime damage projected to hit $10.5 trillion annually by 2025, cybersecurity was a hot topic at GITEX GLOBAL 2024. Find out more about GITEX GLOBAL 2024 here.
Persons: GITEX, Hassan Alnaqbi, Denis Ledenkof, Robosculptor, , Shameer Khader, Salahaldeen AlMarzooqi, cybersecurity, Cybersecurity, Mohamed Al Kuwaiti, , ” Todd Conklin, Siyuan Liu, Peng Xiao Organizations: Dubai World Trade, Khazna Data, GITEX, Oracle Health, Precision Medicine, Sanofi, Mobility, Transport Authority, Metro, Department, RTA, UAE Government, UAE, US Department of, Treasury, IoT, Strategy, Nissan Hyper Force Locations: cybersecurity, China
Total: 25