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☆ Factbox: Life and career of film and TV actor Robert Blake
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +1 min

LOS ANGELES, March 9 (Reuters) - The following are select facts about the life and career of screen actor Robert Blake, who was acquitted in 2005 of murdering his wife but later found liable for her death in a civil trial:* Blake was about 6 years old when he started his Hollywood career. Before that, he and his brother and sister were part of an act known as "The Three Little Hillbillies" on the vaudeville circuit. Even though his earnings would provide most of his family's income, Blake said his father used him as "his punching bag." As a child he also worked with Laurel and Hardy, Jack Benny, John Wayne, John Garfield and Gene Autry. Other jailhouse visitors included musician-composer Quincy Jones, comedian Mort Sahl, and Scott Wilson, Blake's "In Cold Blood" co-star.

☆ 'This is a warning to the Fed': Wall Street reacts to the collapse of Silicon Valley Bank, the biggest bank failure since 2008
▼ + stars: | 2023-03-10 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Regulators shut down Silicon Valley Bank on Friday, putting it into FDIC receivership. I think doing nothing would've been negative, but getting involved stops things in their tracks," Wright told Insider. Nancy Tengler, chief executive and chief investment officer, Laffer Tengler Investments"Often what we get from regulators, they close the barn door after the horses are out of the barn," Tengler told Insider. It's not like interest rates haven't been rising for a year. Jamie Cox, managing partner, Harris Financial Group"When the Fed jacks up interest rates 500 basis points in a matter of months, things like SVB happen," Cox told Insider.

☆ Saudi Arabia making peace with Iran in a deal brokered by China is a 'middle finger to Biden'
▼ + stars: | 2023-03-10 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +5 min

Iran and Saudi Arabia have agreed to restore diplomatic relations in a deal brokered by China. The US and Saudi Arabia have a close relationship and have been security partners for years. Saudi Arabia ultimately moved to cut oil production instead, which was viewed as a diplomatic embarrassment for the Biden administration and sparked outrage in Congress. Bandar Algaloud/ReutersThe deal also comes as the US contends with historic tensions with both Iran and China. The agreement also has the potential to throw a wrench in efforts to normalize relations between Saudi Arabia and Israel, given the latter and Iran are longtime enemies.

☆ Hawkish Powell puts 50 bp Fed rate hikes back on table
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +6 min

"Powell makes it clear the Fed would react accordingly if the data suggests that inflation continues to move in the wrong direction. It was very clear to the market that the Fed is not going to equivocate in terms of data that suggests inflation continues to climb higher or remain sticky." "Six percent (terminal rate) would be a little higher than it is likely. ROBERT PAVLIK, SENIOR PORTFOLIO MANAGER, DAKOTA WEALTH, FAIRFIELD, CONNECTICUT"The focus of the Fed is trying to get inflation down to 2%. "I prefer just one more 25 basis point rate hike, but probably we're going to get three 25 basis point rate hikes."

☆ The US dollar is at a crossroads
▼ + stars: | 2023-03-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Wall Street investors are reaching for their neck braces in preparation for yet another volatile swing in stock markets: A surging US dollar. What’s happening: The US dollar “finds itself at a significant crossroads yet again,” said Krosby. Don’t forget the debt ceiling: Another significant threat to the dollar is looming in Congress — the ongoing debt ceiling fight. “It would certainly undermine the role of the dollar as a reserve currency that is used in transactions all over the world. Initial claims have come in lower than expected in recent weeks and remain well below their pre-pandemic levels.

☆ We got too excited about a potential Fed pause, says KKM Financial's Jeff Kilburg
▼ + stars: | 2023-03-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe got too excited about a potential Fed pause, says KKM Financial's Jeff KilburgLPL Financial's Quincy Krosby and KKM Financial's Jeff Kilburg join Eamon Javers and the 'CNBC Special: Taking Stock' to discuss today's market activity. With CNBC's Mike Santoli.

☆ A year later, the Fed still has a long way to go in the fight against inflation
▼ + stars: | 2023-03-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +9 min

The rate hikes appeared to have quelled some of the inflation surge that inspired the policy tightening. Indeed, Fed officials for months stuck to the narrative that inflation was "transitory" and would abate on its own. Fed Chairman Jerome Powell recently insisted that he and his colleagues are taking "forceful steps" now to bring down inflation. The index most recently showed an annual inflation rate of 6.4%, down from a peak around 9% in the summer of 2022. Citigroup economist Andrew Hollenhorst thinks the Fed could tame key inflation metrics to around 4% by the end of this year.

☆ U.S. weapons sales to get stricter human rights review under Biden
▼ + stars: | 2023-02-23 | by ( Patricia Zengerle | ) www.reuters.com time to read: +4 min

"We are looking at a policy of prevention when there is a risk of violation of human rights," one official said. Biden's administration was criticized last year for approving the potential sale of radars and aircraft to Egypt despite what Human Rights Watch called Egypt's "atrocious human rights record." Reuters reported in 2021 that the Biden administration was considering a CAT policy shift to emphasize human rights. For example, Senator Bob Menendez, Democratic chairman of the Senate Foreign Relations Committee, opposes the sale of Lockheed Martin F-16 aircraft to Turkey for reasons including disregard for human rights. He rolled out a CAT policy in 2018 that gave commercial concerns as much weight as human rights in deciding whether to approve weapons sales.

☆ The markets were headed into overbought territory, says LPL Financial's Quincy Krosby
▼ + stars: | 2023-02-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe markets were headed into overbought territory, says LPL Financial's Quincy KrosbyQuincy Krosby, chief global strategist for LPL Financial, joins Brian Sullivan and the 'CNBC Special: Taking Stock' to discuss today's market moves after hotter-than-expected inflation data came out this morning. With CNBC's Mike Santoli.

☆ US stocks drop on stubbornly high inflation and Fed officials' comments on more rate hike to come
▼ + stars: | 2023-02-16 | by ( Carla Mozée | ) www.businessinsider.com time to read: +2 min

US stocks fell Thursday as an increase in wholesale prices heightened inflation worries. Fed officials Loretta Mester and James Bullard said further rate hikes are warranted. "[Coupled] with a hotter-than-expected Consumer Price Index (CPI), markets have priced in a Federal Reserve probability of more rate hikes than initially anticipated," Quincy Krosby, chief global strategist at LPL Financial, said in a note. "With the futures market now pricing in a strong probability of two more 25-basis-point rate hikes this year, probability is edging higher for a third hike." Separately, St. Louis Fed President James Bullard reportedly said more rate increases will "lock in" slowing inflation, even alongside an economic expansion.

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 8, 2023. Crude prices eased, with gold firmer as the dollar index fell 0.18%, while MSCI's U.S.-centric index of stock performance in 47 countries (.MIWD00000PUS) shed 0.44%. China's blue chips (.CSI300) rose 1.3%, pulling away from a one-month trough, while Hong Kong's Hang Seng Index (.HSI) gained 1.6%. Crude prices eased as oil infrastructure appeared to have escaped serious damage from the earthquake that devastated parts of Turkey and Syria, while U.S. inventories swelled and investors worried about central bank rate hikes. Gold prices rose for a fourth straight session as the dollar faltered, even as Fed officials indicated more rate hikes are warranted to rein in inflation.

☆ Fed seen hiking policy rate above 5% as hiring surges
▼ + stars: | 2023-02-03 | by ( ) www.reuters.com time to read: +2 min

Feb 3 (Reuters) - The U.S. Federal Reserve is likely to need at least two more interest-rate hikes, lifting the benchmark rate to above 5%, to slow an unexpectedly strong labor market seen as contributing to high inflation. The Fed earlier this week increased its benchmark rate by a quarter-of-a-percentage-point to 4.5%-4.75%. Interest-rate futures prices, initially skeptical of that view, now reflect that expectation, with a better than even chance seen that the Fed will continue get its policy rate to the 5%-5.25% range by June, if not by May. The Fed targets 2% inflation, now running at 5% by the Fed's preferred measure, the personal consumption expenditures price index. Friday's Labor Department report did show slower growth in average hourly earnings to a 4.4% pace, from an upwardly revised 4.8% in December.

☆ Bed Bath & Beyond just missed another debt payment. See the full list of stores it will close, including Harmon and Buybuy Baby locations.
▼ + stars: | 2023-02-02 | by ( Avery Hartmans | Dominick Reuter | ) www.businessinsider.com time to read: +20 min

In addition to 87 more Bed Bath & Beyond stores, the company now says it will close all of its remaining Harmon health and beauty stores, and five Buybuy Baby stores. San Leandro: 15555 East 14th St., Suite 24015555 East 14th St., Suite 240 Burbank: 201 East Magnolia Blvd. Marina: 117 General Stilwell Drive117 General Stilwell Drive Vallejo: 105 Plaza Drive, Suite 107105 Plaza Drive, Suite 107 * Palm Desert: 72459 Highway 11172459 Highway 111 * Visalia: 3125 South Mooney Blvd. Arterial * Coralville: 2515 Corridor Way Suite 5Kansas:Lawrence: 3106 S. Iowa St., Suite 2153106 S. Iowa St., Suite 215 Manhattan: 425 3rd Place425 3rd Place * Olathe: 15335 W. 119th St.Kentucky:Elizabethtown: 1998 N. Dixie Ave.1998 N. Dixie Ave. New Hartford: 4805 Commercial Drive4805 Commercial Drive Kingston: 1187 Ulster Ave.1187 Ulster Ave. Plattsburgh: 73 Centre Drive, Suite 10073 Centre Drive, Suite 100 Farmingdale: 251 Airport Plaza Blvd.

☆ Here's everything the Fed is expected to do Wednesday
▼ + stars: | 2023-02-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, U.S., December 14, 2022. Evelyn Hockstein | ReutersThis week's Federal Reserve meeting will be remembered more for what policymakers say than what they do. Fed projections released in December indicate no cuts this year and continued rate hikes. That will take the fed funds rate to a target range of 4.5%-4.75%, the highest since October 2007. Though some Fed officials, such as St. Louis Fed President James Bullard, have suggested the rate hike could be half a point, there's virtually no chance of that happening.

The stock was the biggest boost to the S&P 500 consumer discretionary sector index (.SPLRCD). So far, 126 companies in the S&P 500 have reported fourth-quarter earnings, with 69% topping consensus estimates. Analysts now see aggregate S&P 500 earnings dropping 2.7% year-on-year for the period . The S&P 500 energy sector index (.SPNY) rose 2.2%, also helped by higher crude prices. The S&P index recorded 21 new 52-week highs and no new low, while the Nasdaq recorded 79 new highs and 20 new lows.

☆ Premarket stocks: How Wall Street reacts to the GDP data will be telling
▼ + stars: | 2023-01-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +5 min

New York CNN —Wall Street analysts are holding their breath and crossing their fingers this morning as they await gross domestic product numbers for the final quarter of 2022. But that could all change if a recession looms into view and the US debt ceiling standoff drags on. “That is the worry: That you get turmoil in financial markets, a big tightening in financial conditions and that adds to downward pressure on economic activity,” he said. It’s not our expectation.”The United States hit the debt ceiling last week, forcing Treasury Secretary Janet Yellen to make accounting maneuvers to avoid breaching that $31 trillion borrowing limit. They argue it unfairly targets the fast-food industry and will increase prices and force businesses to lay off workers.

☆ Nasdaq 100 futures rise in overnight trading, boosted by a jump in Microsoft
▼ + stars: | 2023-01-24 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Stock futures rose in overnight trading Tuesday as strong Microsoft earnings boosted sentiment in the technology sector. Futures on the Nasdaq 100 climbed 0.5%. S&P 500 futures gained 0.2% and Dow Jones Industrial Average futures edged up 12 points. So far, more than 70 S&P 500 companies have reported fourth-quarter earnings, and 65% of them posted stronger-than-expected results, according to Refinitiv. The overnight action followed a three-day winning streak for the blue-chip Dow.

☆ Ana Walshe's mother says she 'just cannot believe' the disturbing Google searches allegedly made by her son-in-law
▼ + stars: | 2023-01-19 | by ( Jovana Djurovic | Julianne Mcshane | ) www.nbcnews.com time to read: +10 min

Brian Walshe during his arraignment Wednesday in Quincy, Mass., on a charge of murdering his wife, Ana Walshe. Ana Walshe replied saying she and her husband had "plans" for February, though it's not clear what that meant. There has not been any activity on Ana Walshe’s credit cards since she was last seen, prosecutors said. Ana Walshe. Ana Walshe was born in Belgrade and holds dual citizenship in Serbia and the U.S., Vlacic previously confirmed.

☆ Brian Walshe searched 'Can you be charged with murder without a body?' History says yes.
▼ + stars: | 2023-01-19 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +7 min

Brian Walshe, center, listens at his arraignment Wednesday at Quincy District Court, in Quincy, Mass., on a charge of murdering his wife, Ana Walshe. Craig F. Walker / The Boston Globe via AP, PoolThe remains of Ana Walshe, 39, who was last seen around New Year's Day, have not been recovered. via Cohasset PoliceProsecutors also said that Brian Walshe searched Dec. 27 for “what’s the best state to divorce for a man” — and that “rather than divorce, it is believed that Brian Walshe dismembered Ana Walshe and discarded her body,” Beland said. Joseph Romano's lawyers filed to appeal the conviction in 2006 but were denied based on the strength of the circumstantial evidence, court records show. And the lack of a body most likely wouldn't serve as a mitigating factor in sentencing, Cevallos said: “A murder conviction’s a murder conviction."

☆ Markets: Bad news for the economy is now bad news on Wall Street
▼ + stars: | 2023-01-19 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

New York CNN —The market is bracing for a perfect storm of bad news. Kelly added that “a failure to increase the debt ceiling is the most immediate fiscal threat to the economy and markets in 2023” and that a deal is needed sooner rather than later in order to reassure the markets. There’s a saying on Wall Street that bad news for the economy is actually good news for the stock market and vice versa. Bad news actually might be bad news. “What just some weeks ago would have seen markets cheering the weaker data…is now being judged more harshly with bad news no longer enjoying a warm welcome,” she added.

☆ Emerging market stocks are off to a strong start in 2023 — How the outlook is shaping up
▼ + stars: | 2023-01-19 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

Emerging market stocks are off to a strong start in 2023, even as concerns remain for investors. The iShares MSCI Emerging Markets ETF (EEM) tumbled more than 22% in 2022, and more than 5% the previous year. "One of the primary attractions for emerging markets has been compelling valuations," said LPL Financial's Quincy Krosby. Not all emerging markets are equal Even as emerging markets are broadly outperforming, some countries are expected to perform better than others. The iShares MSCI South Korea ETF (EWY) and the iShares MSCI Chile ETF (ECH) are up more than 10% and nearly 1%, respectively.

☆ Ana Walshe's husband searched for ‘10 ways to dispose of a dead body’
▼ + stars: | 2023-01-18 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +4 min

Brian Walshe entered the courtroom just before 9:20 a.m., wearing a grey shirt and handcuffs and standing behind a glass partition. Throughout the preceding, Brian Walshe looked around the room but showed little to no emotion. Greg Derr / Pool via APIn a lengthy statement, Brian Walshe's lawyer, Tracy Miner, claimed the media "has already tried and convicted Mr. If you or someone you know is experiencing domestic violence or the threat of domestic violence, call the National Domestic Violence Hotline for help at 1-800-799-SAFE (7233), or go to www.thehotline.org for anonymous, confidential online chats, available in English and Spanish. Advocates at the National Domestic Violence Hotline field calls from both survivors of domestic violence as well as individuals who are concerned that they may be abusive toward their partners.

Jan 18 (Reuters) - A Massachusetts man charged with murdering his wife searched online for "dismemberment and the best ways to dispose of a body" after she was last seen on New Year's Day, a prosecutor said on Wednesday. Not guilty pleas were entered in Quincy District Court on behalf of Brian Walshe, 47, as a prosecutor revealed a search of a trash facility uncovered items with Ana Walshe's DNA on it along with a hacksaw and cutting shears. He was ordered held without bail after prosecutors on Tuesday charged Walshe with his wife's murder. The investigation began after her employer in Washington, the real estate company Tishman Speyer, reported her missing on Jan. 4. At the time, Brian Walshe was on house arrest awaiting sentencing in Boston federal court after admitting in 2021 he sold forgeries of Andy Warhol art based on paintings he took from a one-time friend and never returned.

BOSTON, Jan 17 (Reuters) - The husband of a Massachusetts woman who has been missing since New Year's Day was charged on Tuesday with her murder after authorities earlier said they had found a knife and blood in the basement of their home, a prosecutor said on Tuesday. Walshe will be arraigned Wednesday in Quincy District Court. Ana Walshe, who worked in real estate company Tishman Speyer's Washington office, was reported missing on Jan. 4 by her employer and husband. Brian Walshe initially said had taken a ride-hailing service to the airport for a flight to Washington for work, authorities have said. Beland said investigators later discovered that Brian Walshe on Jan. 2 bought $450 of cleaning supplies at a Home Depot.

☆ Ana Walshe disappearance: Key moments in the search for the Massachusetts mother
▼ + stars: | 2023-01-12 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +9 min

Her husband, Brian Walshe, 47, was arrested and accused of misleading officials and lying about his whereabouts on Jan. 1 and 2. “Our hearts go out to her family and especially to her young children, who deserve to be reunited with their mother.”Key moments in the case:39-year-old Ana Walshe. via Cohasset PoliceJan. 1: Ana Walshe reportedly headed to airportCohasset police say Ana Walshe was at her home on Chief Justice Cushing Highway shortly after midnight before she allegedly took a ride share to Boston’s Logan Airport for a flight to Washington, D.C., to attend to a work emergency. Jan. 5: Search for Ana Walshe goes publicPolice announced their search for Ana Walshe, urging the public to contact them if they have any information on her whereabouts. The testing of the unspecified items will "determine if they are of evidentiary value" in Ana Walshe's disappearance, the DA's office said.

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