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☆ Not all dividend strategies are the same. How to choose the best one for you
▼ + stars: | 2024-04-24 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

She considers herself a dividend income investor, looking for names that provide a healthy payout for her clients. Her portfolio typically generates a 5% dividend yield or better. Honeywell has a 6% five-year annual dividend growth rate, he said. Lastly, CME Group not only has a 2.2% dividend yield, it tends to pay a special dividend once a year that's posted strong growth, he said. CME has five-year annual dividend growth of 15%, and a flawless balance sheet, he said.

Persons: Jenny Harrington, Kevin Simpson, Harrington, Simpson, Stocks, Kinder Morgan, Richard Kinder Organizations: Asset Management, Wealth, Merck, Verizon, SEC, Companies, Honeywell International, CME Group, Honeywell, Boeing, Group Locations: United States

☆ Meta to report first-quarter results after the bell
▼ + stars: | 2024-04-24 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Meta will report first-quarter results after the bell Wednesday. Revenue: $36.16 billion, according to LSEG. $36.16 billion, according to LSEG. Analysts expect Meta to report a 26% increase in revenue from $28.65 billion a year earlier. Analysts at Baird said in a Monday note that slower spending from China-based advertisers could be a source of concern in the first-quarter results.

Persons: Meta, Mark Zuckerberg, Zuckerberg, Susan Li, Baird Organizations: StreetAccount, Meta, Facebook Locations: LSEG, China

☆ My youngest child slept in our bed until he was 7
▼ + stars: | 2024-04-23 | by ( Angie Grace | ) www.businessinsider.com time to read: +4 min

When he was born, he mostly slept in his crib and napped in bed next to me. Once he became a toddler, we turned his convertible crib into a toddler bed. Related storiesEventually, we got rid of the toddler bed, as he was no longer sleeping in it at all and would cry to sleep in the bed with us. I sat him down that night before bed and spoke to him about the importance of owning his own bed. That first night of having his own bed, he slept in it the entire night.

Persons: I've, —, Kai Organizations: Service, Ikea

☆ The Meteoric Rise and Spectacular Fall of the Queen of Airbnb
▼ + stars: | 2024-04-21 | by ( Dan Latu | ) www.businessinsider.com time to read: +18 min

Now, after she made her pitch at the VFW hall, attendees clamored around Widell, eager to have her manage their Airbnb rentals. The reign of the Airbnb Queen of Tulsa was over — and her subjects were left to pick up the pieces. Dominic Bugatto for BIThe "Queen of Airbnb" label, which started off as Widell's Airbnb account name, helped create an aura of omnipotence. According to those familiar with the business, Widell seemed to be shifting her focus away from Airbnb rentals to the house-staging business. Today, her "Tulsa Airbnb Group" on Facebook remains active, with some 1,000 members.

Persons: Airbnb, Dani Widell, Widell, Kathy Portley, weren't, —, Emily Burke, Will Widell, They'd, thrifty, Will, who'd, Logan Haskett, Dominic Bugatto, Burke, hadn't, Knikki Nash, she'd, Mallory Massey, Massey, David Brunson, Brunson, Renee Brummett, We've, Dani hasn't, Brummett, doorstepped, unraveled, Nash, Dani, Widell's, carting, Will cosigned, Brummet, Tulsa's, Meagan McCollum, Bram Gallagher, Gallagher, Dan Latu Organizations: VFW, Tulsa, Facebook, Tulsa Real Estate Investors Association, Oklahoma State University, Tulsa People, Mahogany Prime, Summit, Downtown, Social, Bank of America Center, PGA, Investors, Widell, Employees, Rover, BI, nonpayment, University of Tulsa, Business Locations: Tulsa, Tulsa ., Widell, Airbnb, Brady, Arkansas, —

☆ A top-10% fund manager over the last 10 years outlines the growth strategy that's helped him consistently crush his peers — and shares 4 of the best investments to make now
▼ + stars: | 2024-04-21 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Like many others, fund manager Jim Golan has made a fortune from mega-cap growth stocks. For the last 19 years, Golan has logged consistently solid returns as manager of the $2.2 billion William Blair Large Cap Growth Fund (LCGNX). Large, high-quality growth stocks have been in vogue since the early 2010s, though that doesn't explain why Golan's fund has excelled versus its peers. How to invest in large growth stocks — and 4 top picksTo impress Golan, stocks must have scale or other structural advantages that lead to success over his three- to five-year investing horizon. Below are four companies the leading fund manager is especially bullish about, along with the ticker, market capitalization, sector, and thesis for each.

Persons: Jim Golan, Golan, William Blair Large, David Ricci, Morningstar, —, Golan isn't Organizations: Growth, Business, Microsoft, Nvidia

☆ Here's why economists are so worried about soaring US debt levels
▼ + stars: | 2024-04-20 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Those include higher inflation, greater market volatility, and a lower quality of life for Americans. AdvertisementThe US is sitting on the biggest pile of public debt in its history, and economists are getting nervous about it. AdvertisementIt's critical for the US to sell its debt to investors, which range from institutions, individuals, and other countries. It won't be on housing, it'll be on interest," Zagorsky said. There's little the government can do to stop those problems from brewing, other than to stop taking on so much new debt, Zagorsky and Rubin say.

Persons: —, Les Rubin, Rubin, Jay Zagorsky, Zagorsky, it'll, There's Organizations: Service, Bank of America, US Treasury, Boston University, Inflation, Social Security

☆ Bank of America's top global strategist warns of growing bubble risk in the stock market as the economy heads for a no-landing scenario — and shares 3 charts showing the market could be headed for tro
▼ + stars: | 2024-04-20 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Read previewMichael Hartnett, Bank of America's top global strategist, thinks a no-landing scenario is the most-likely outcome for the US economy in the months ahead. That means the labor market would remain strong, but inflation would also stay above the Federal Reserve's long-term goal of 2%. While that's fine for now, Hartnett warns it's a path that eventually leads to trouble for the economy and stocks. "We say rising no landing risks = rising hard landing risks," Hartnett said in an April 11 note. The fund's price dipped below its 200-day moving average in 2020 and 2022, when the economy slowed and stocks underperformed.

Persons: —, Michael Hartnett, Hartnett, it's, Michael Landsberg Organizations: Service, Bank of America's, Business, Consumer, Bank of America, Landsberg Bennett, Wealth Management, Fed Locations: REITs, Ukraine

☆ Inside the disastrous apartments of NYC men, exposed by a TikTok comedian
▼ + stars: | 2024-04-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

The homes of New York City's young men are being captured on camera — and it isn't pretty. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Welcome to "Boy Room," the new series in which Coster and a cameraperson venture into the unruly habitats of New York City's men and try to offer advice. AdvertisementComedian Rachel Coster is bravely revealing the bedrooms of New York City's young men.

Persons: Rachel Coster, —, Coster, he'd, Vader, It's, corks, Chris, Jerome Peel, Peel, they've, Dan, couldn't Organizations: Service, Gymnasium, Peel, Village Locations: New York, New York City, West, TikTok, Brooklyn's Boerum Hill, Manhattan's Chinatown, Boston , Philadelphia, Los Angeles, LA

☆ This investor, mentored by Peter Lynch, hasn't abandoned the 'Mag 7,' but is placing bets on these mid-caps
▼ + stars: | 2024-04-19 | by ( Sarah Min | ) www.cnbc.com time to read: +9 min

It was under the tutelage of legendary investor Peter Lynch that Sullivan developed the edge that has served him in his career. The numbers Today, Sullivan manages the Putnam Investments Core Equity Fund (PMYYX) , a multicap fund with $4.4 billion in assets that he started in 2010. "The numbers are good," Sullivan said. Ultimately, Sullivan said he's learned a lot from other investors, noting the good stock pickers have had "pretty eclectic" approaches that helped them outperform the market over time. "And I found the good fortune over the decades to be around pretty good stock pickers, pretty good money managers."

Persons: Gerard Sullivan, Peter Lynch, Sullivan, Lynch, hadn't, —, Arthur Yeager, PMYYX, Morningstar, It's, Yeager, Tesla, it's, that's, Rajesh Subramaniam, he's, I'm, That's Organizations: Fidelity, Columbia Business School, Magellan Fund, Putnam Investments, Equity, Pacific Gas & Electric, CMS Energy, Companies, Nvidia, FedEx Locations: Brooklyn, U.S, California, Michigan, Pinterest

☆ Bitcoin price drops below $60,000 before rebounding ahead of halving
▼ + stars: | 2024-04-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Bitcoin rose above $64,000 on Friday, rebounding from a drop below the $60,000 mark, as the cryptocurrency continues to experience volatility ahead of the upcoming halving event. The volatile trade comes ahead of the upcoming halving, which is slated to take place this week. This is when the rewards for bitcoin miners are slashed in half. Amina analysts said miners are selling their bitcoin ahead of the halving. Net flows through the spot bitcoin exchange-traded funds have been negative since last week, according to Amina analysts — which is putting further pressure on bitcoin.

Persons: cryptocurrencies, Solana, bitcoin, Amina, —, Bitcoin Organizations: bitcoin Locations: bitcoin, Israel, U.S

☆ A Russian tank was seen charging into battle with a giant, makeshift metal roof on top of it as Ukraine leans into drone attacks
▼ + stars: | 2024-04-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

A Russian tank has gone viral after being spotted with a metal roof during an attack. Dubbed the "turtle tank" online, it's become a meme-like fascination for those interested in the Ukraine war. Related storyCyberBoroshno later posted that based on the footage, its team geolocated a hangar that housed the "turtle tank." A day after the "turtle tank" became internet famous, open-source X account Ukraine Battle Map posted a photo of another tank clad in a tent-like metal structure. AdvertisementSternenko said the Russian vehicle was spotted near Krasnohorivka, where the original "turtle tank" was seen.

Persons: it's, —, Serhii Sternenko, Sternenko Organizations: Service, Russian, Ukrainian, Military, Business Locations: Ukraine, Krasnohorivka, Donetsk, Russian

☆ 'Reality is sinking in': Why this selloff is the start of a correction — and 3 moves to protect against losses, according to a market-calling CIO at $1.5 trillion Morgan Stanley Investment Management
▼ + stars: | 2024-04-17 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewUS stocks may have already peaked, warns a Morgan Stanley investment chief with a penchant for making successful market predictions. Jim Caron, who oversees Morgan Stanley Investment Management's portfolio solutions group, may want to consider buying a lottery ticket. And considering how much could go wrong in markets, stocks may take a while before rebounding to record highs. Quality stocks in those less-loved sectors should stand out once markets bottom, he said. "The best cure for high yields is high yields because as yields go higher, it becomes like a high-quality hedge to a downturn in the market," Caron said.

Persons: —, Morgan Stanley, Jim Caron, Caron, shouldn't, Morgan Stanley's, We're, they'll, We've Organizations: Service, Morgan Stanley Investment, Business, Federal Reserve

☆ A longtime banker gives a rare inside look at how he is thinking about his next career move and weighing factors like work-from-home policies and family as well as compensation.
▼ + stars: | 2024-04-15 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +8 min

Within hedge funds in particular, there has been a war for talent — or a talent bubble, depending on who you talk to — as the biggest funds grow ever larger. Banks, hedge funds, consulting — it's all on the table for Monnier in a chaotic recruiting environment that is unlike the ones he has experienced before. Pros and cons of the buy-sideThe best job market Monnier has experienced was, naturally, before the global financial crisis. Now, the job market isn't as hot, but the number of players interested in his skillset has grown. Average pay at hedge funds was nearly $500,000.

Persons: —, Jeremy Monnier doesn't, Goldman Sachs, Joe Leung, Leung, Monnier, Banks, Goldman, Zar Amrolia, Amrolia, he's, eFinancialCareers, they'd, doesn't Organizations: Service, Michelin, Business, Barclays, Deutsche Bank, Monnier, Deutsche, XTX, Barclays — Locations: London, German, Normandy, France, Paris, United Kingdom

☆ Can’t sleep? Blame the beaming bright glow of new technology
▼ + stars: | 2024-04-13 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Some manufacturers say indicator lights can sometimes serve a practical purpose. For example, an indicator light could show that a device is charging or plugged in and working properly. The light has a long lifespan and doesn’t generate excess heat — important qualities for a technology that’s used every day. “As a manufacturer, adding an LED light does cost something, so to add one just to add one seems quite wasteful. Linhares Jr. also said the lights can be helpful as night lights.

Persons: can’t, ” Steven Lockley, Paul Bogard’s, Kyle Moschen, Vincent van Gogh’s, Kyle Moschen “, Moschen, “, Jonathan King, ” King, —, Isamu Akasaki, Hiroshi Amano, Shuji Nakamura, ” David Loftus, ” Loftus, Manny Linhares Jr, Legrand, it’s, ”, Linhares, John Towfighi Organizations: Washington CNN, Harvard Medical School’s Division, Sleep, CNN, Logitech, Getty, Electronic Components Industry Association Locations: Seattle, New York, French

Harvard University is among the latest institutions to announce it is reversing its test-optional policy and requiring students to submit test scores in their applications. For the writer Emi Nietfeld, it’s a positive sign. But one thing she did have control over was studying for standardized tests. In this audio essay, Nietfeld explains how Scantron sheets helped her unlock a better life. (A full transcript of this audio essay will be available on Monday in the audio player above.)

Persons: Emi Nietfeld, it’s, Nietfeld Organizations: Harvard University

☆ The Russell 2000 smallcaps lost about 3% last week and could face still more trouble ahead
▼ + stars: | 2024-04-13 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

This month's rout in smallcap stocks has erased the Russell 2000's sparkling first quarter gain, and the benchmark index for smaller shares could face further trouble ahead so long as interest rates are left unchanged. A hotter-than-expected March inflation report on Wednesday pushed investors on Wall Street to extend out expectations for the Federal Reserve's first interest rate cut to September from June, according to the CME Group's FedWatch tool . The Fed's last interest rate increase in the current cycle was in July, 2023. Servicing debt Hall specifies that the risk to smallcaps is tied to the effect of higher interest rates on refinancing needs. "Higher for longer [interest rates have] generally been good for small cap stocks.

Persons: Russell, Smallcaps, They're, Jill Carey Hall, Hall, Steven DeSanctis, DeSanctis Organizations: Wall, Federal, Bank of America, Bank of, Jefferies Locations: U.S

☆ Pep Guardiola’s $1.26m watch makes headlines after Champions League match
▼ + stars: | 2024-04-13 | by ( Issy Ronald | ) edition.cnn.com time to read: +1 min

CNN —While Manchester City manager Pep Guardiola was watching his team play Real Madrid in the first leg of the Champions League quarter-finals on Tuesday, his watch was making headlines around the world. Guardiola was wearing an extravagant Richard Mille watch worth £1 million ($1.26 million) on his wrist at Madrid’s Estadio Santiago Bernabéu, according to TNT Sports, which is owned by Warner Bros. The limited-edition timepiece — one of only 50 ever made — is the lightest mechanical watch ever made, according to the designer, weighing only 18.83 grams including the strap. It was originally designed for 22-time Grand Slam tennis champion Rafael Nadal to wear while playing and so every element was carefully engineered to minimize its weight. Guardiola's Manchester City won the Champions League last year.

Persons: Pep Guardiola, Guardiola, Richard Mille, Estadio Santiago Bernabéu, Rafael Nadal, Oscar J . Barroso, Antonio Miró Organizations: CNN, Manchester City, Real Madrid, Champions League, Estadio, TNT Sports, Warner Bros, Europa Press, Barcelona FC Locations: Spanish

☆ Wall Street heads into the week ahead on edge as traders brace for a raft of earnings, economic data
▼ + stars: | 2024-04-12 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

How the corporate America is handling sticky inflation and the prospect of higher interest rates will be top of mind for investors in the week ahead, after this week's choppy moves. The first-quarter earnings season, which kicked off Friday, will give Wall Street insight into how businesses expect to weather an environment of elevated interest rates. More macro data, such as U.S. retail sales, will give insight into how the consumer is handling higher pricing pressures. First-quarter earnings season underway The corporate earnings season kicks into high gear in the week ahead. This week, the small cap Russell 2000 is on track for a losing week, down by more than 1%.

Persons: Bob Doll, CNBC's, Wolfe, Rob Ginsberg, Ginsberg, Goldman Sachs, Morgan Stanley, FactSet, Robert Haworth, Haworth, Charles Schwab, Johnson, D.R, KeyCorp Organizations: Dow Jones Industrial, Exxon Mobil, Costco, Apple, Crossmark, Investments, Investors, Bank of America, Consumer, U.S . Bank, Index, Retail, T Bank, Housing, Manufacturing, Hunt Transport Services, United Airlines, Johnson, Bank of New York Mellon, UnitedHealth Group, Northern Trust, CSX, Discover Financial Services, Prologis, U.S . Bancorp, Philadelphia Fed, American Express, Procter, Gamble, Fifth Third Bancorp, Schlumberger Locations: America, China, NAHB, Vegas Sands, U.S, Horton

☆ 'Lose-lose situation': New Swiss bank laws could derail UBS' challenge to Wall Street giants
▼ + stars: | 2024-04-11 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

Sergio Ermotti, CEO of Swiss banking giant UBS, during the group's annual shareholders meeting in Zurich on May 2, 2013. Fabrice Coffrini | Afp | Getty ImagesSwitzerland's tough new banking regulations create a "lose-lose situation" for UBS and may limit its potential to challenge Wall Street giants, according to Beat Wittmann, partner at Zurich-based Porta Advisors. The government-backed takeover was the biggest merger of two systemically important banks since the Global Financial Crisis. At $1.7 trillion, the UBS balance sheet is now double the country's annual GDP, prompting enhanced scrutiny of the protections surrounding the Swiss banking sector and the broader economy in the wake of the Credit Suisse collapse. The Wednesday report floated giving additional powers to the Swiss Financial Market Supervisory Authority, applying capital surcharges and fortifying the financial position of subsidiaries — but stopped short of recommending a "blanket increase" in capital requirements.

Persons: Sergio Ermotti, Fabrice Coffrini, Beat Wittmann, Wittmann, Wittman, Goldman Sachs, Morgan Stanley — Organizations: UBS, Afp, Getty, Wall, Porta Advisors, Swiss, Credit Suisse, Suisse, Swiss Financial Market, Authority, JPMorgan, Citigroup Locations: Zurich, Switzerland

☆ Meteorites may be lost to Antarctic ice as climate warms, study says
▼ + stars: | 2024-04-10 | by ( Katie Hunt | ) edition.cnn.com time to read: +9 min

Ice sampling occurs on a blue ice area during the 2022 Chilean Antarctic Institute field mission. “As the climate continues to warm, Antarctic rocks are sinking into the ice at an increasing rate. Meteorites are particularly plentiful in blue ice fields. Steven Goderis/Vrije Universiteit BrusselResearchers have identified areas of meteorite-rich blue ice mostly by luck. “The main worry is the logistical aspect of searching for Antarctica meteorites, which is already difficult today due to the remoteness of Antarctica.

Persons: Maria Valdes, ”, Valdes, Robert A, “, José, wasn’t, Balchenfjella, Steven Goderis, Veronica Tollenaar, ” Valdes, Tollenaar, ” Tollenaar, Harry Zekollari, Katherine Joy, Matthias van Ginneken, van Ginneken, Kevin Righter, Righter Organizations: CNN, Field, University of Chicago, Pritzker Center, Meteoritics, Polar Studies, Antarctic Institute, University of Santiago, Vrije Universiteit Brussel, Université Libre de Bruxelles, University of Manchester, University of Kent’s, Astrophysics, NASA Johnson Space Center Locations: Antarctica, Chile, Vrije, Université, Belgium, Houston

☆ Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Exxon, Coinbase, Cava, Alphabet, Amazon, Block & more
▼ + stars: | 2024-04-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Nvidia as buy Bank of America said it's sticking with the stock as a top pick. Mizuho reiterates Block as buy Mizuho raised its price target on the payment company to $106 per share from $99. Bank of America reiterates Coinbase as underperform. Bank of America reiterates Alphabet as buy Bank of America said "AI innovation [was] on display" at the company's Google Cloud Next event. " Deutsche Bank reiterates Amazon as buy Deutsche said the company is a top pick heading into earnings. "

Persons: Morgan Stanley, Piper Sandler, Tesla, Piper, Zillow, Jefferies, Mizuho, Goldman Sachs, Goldman, TD Cowen, Cowen, William Blair, Vital, Canaccord, Truist Organizations: NVIDIA, " Bank of America, Nvidia, Bank of America, Jefferies, Mizuho, SEC, Barclays, Google, Citi, Pharma, Chevron, Exxon, Vital, Argus, Motors, of America, Deutsche Bank, Amazon, Deutsche, E Corp, National, CN Locations: FCFS, Cava, CAVA, Albemarle, 1Q24, OW

☆ With the market stumbling, we're hunting for quality stocks to buy into weakness
▼ + stars: | 2024-04-10 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. "Always looking to buy something on a down day," adds Jim Cramer. " As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Abbott, Stanley Black, Decker, Cramer, Johnson, Carolyn Boroden, Jim Cramer's, Jim, Michael M Organizations: CNBC, Treasury, Federal, Apple, Palo Alto Networks, Constellation Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: homebuilders, Boroden, Palo, New York City

☆ 5 desserts for celebrating Eid al-Fitr
▼ + stars: | 2024-04-09 | by ( Jocelyn Solis-Moreira | ) edition.cnn.com time to read: +4 min

Ramadan is coming to an end, which means it’s time to plan to celebrate Eid al-Fitr. A number of desserts make up the table during Eid al-Fitr. Arindam Dey/AFP/Getty ImagesA classic Eid al-Fitr dish is sheer khurma. Helou said these desserts are eaten all year round, but they are ever more present during Ramadan and Eid. iStockphoto/Getty ImagesA popular Eid al-Fitr dish is a sweet milk-based dumpling called rasmalai.

Persons: Ramadan, Eid, Sweets, Anissa Helou, Ma’amoul, ” Helou, Arindam Dey, Helou, Mehmet Akif Parlak, “, ”, it’s, Karolia, James Nielsen, Jocelyn Solis, Moreira Organizations: CNN, Getty, Anadolu Agency, Houston Chronicle Locations: Syria, Jordan, Lebanon, Palestinian, Agartala, India, AFP, Gaziantep, New York

A photo taken by Abdallah Dalee in the early hours of February 29 shows a crowd of people waiting by firelight for the aid trucks to cross into northern Gaza. Mark Regev, the Israeli prime minister’s special adviser, initially told CNN that Israeli forces had not been involved. “Most of the people that were killed were rammed by the aid trucks during the chaos and while trying to escape the Israeli gunfire,” Al Za’anoun said. The footage shows hundreds of people gathering around aid trucks on Al Rashid Street. People mourn outside Al-Shifa hospital in Gaza City over one of the Palestinians killed during the aid delivery on February 29.

Persons: Abu Watfa, ” Abu Watfa, ’, ”, Al Rashid, Abdallah Dalee, firelight, Abdallah Dalee Gazan, Mark Regev, Daniel Hagari, Al Za’anoun, ” Al Za’anoun, Rashid, Belal, Robert Maher, Richard Weir, Weir, Al Jazeera, “, Abd Rabu, Hamouda Zamil, Dr, Amjad Aliwa, Georgios Petropoulos, ” Mohammed Ahmed, I’ve, ” Ahmed, Ahmed Organizations: CNN, United Nations, Israel Defense Forces ’, IDF, Montana State University, Human Rights Watch, Al, AFP, Getty, Welfare Trust, Welfare, Ummah Welfare, UN Office, Human Rights Locations: Gaza City, Gaza, Israel, Al, United States, Bolton, England, “, Al Nabulsi, Al Kuwaiti

☆ JPMorgan drops its recession call for the first half and now sees a 55% chance of a soft landing for the global economy
▼ + stars: | 2024-04-09 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

JPMorgan scrapped its recession forecast for the first half of 2024 and now sees 55% odds of a soft landing. The bank sees a 30% chance that global expansion persists without major policy easing. AdvertisementJPMorgan has backed off from its recession forecast for the first half of 2024 and says it now sees a 55% chance of a "soft landing" for the global economy through late next year. Related storiesBut now, with upbeat data painting a rosier picture, the bank sees a 55% chance of a soft landing scenario extending through at least the end of next year. On the earnings side, corporates in developed markets surpassed expectations last year, with margins holding close to record highs, demonstrating surprisingly resilient profitability despite high policy rates.

Persons: —, Bruce Kasman, Joseph Lupton, Kasman, Lupton, Jamie Dimon, Dimon Organizations: JPMorgan, Service

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