DIRS.INFO The most relevant business & tech news

☆ Even if inflation comes down slightly, it's still well above target, says Roger Ferguson
▼ + stars: | 2024-04-10 | 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 EmailEven if inflation comes down slightly, it's still well above target, says Roger FergusonRoger Ferguson, Former Federal Reserve Vice President and Former TIAA CEO, gives his expectations for March CPI.

Persons: it's, Roger Ferguson Roger Ferguson Organizations: Federal Reserve, CPI

☆ Internet price hikes for low-income Americans could begin in May as federal funds run dry, FCC says
▼ + stars: | 2024-04-10 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

Due to lack of funds, April will be the final month the ACP can provide full benefits, the FCC said Tuesday. Next month, ACP subscribers can expect to receive only 46% of their usual benefit, the FCC said. After that, program subscribers may have to pay hundreds of dollars more per year to stay online, or could potentially have to give up internet service entirely. Many ACP subscribers have told CNN that without help, they could have to choose between paying for internet and putting food on the table. CNN is reaching out to major internet providers for comment on the FCC’s call for those voluntary measures.

Persons: Biden, Mike Johnson, Chuck Schumer, Ohio Democratic Sen, Sherrod Brown, Kansas Republican Sen, Roger Marshall, “ Organizations: CNN, Federal Communications Commission, FCC, ACP, Ohio Democratic, Kansas Republican, Senate Locations: Congress

☆ Roger, a Failed Drug Dog, Becomes a Hero of Taiwan’s Quake Response
▼ + stars: | 2024-04-10 | by ( Yan Zhuang | More About Yan Zhuang | ) www.nytimes.com time to read: 1 min

The dog picked through boulders and rubble in the Taiwanese national park, looking for victims trapped or buried by the rockslides that had followed a 7.4-magnitude earthquake. Roger was trained to look for survivors, but his handler, Lee Hsin Hung, suspected that this time he had found something else. “As I got closer, I saw the leg of the deceased,” Mr. Lee said in an interview. Roger’s discovery led rescuers to recover the body of a 21-year-old woman from the rubble on Saturday, taking the death toll of Taiwan’s strongest earthquake in 25 years to 13. More than 1,000 more were injured in the disaster (but strict building codes and public preparedness may have helped prevent an even greater catastrophe).

Persons: sniffed, Roger, Lee Hsin Hung, ” Mr, Lee Organizations: sniffed Locations: Labrador

☆ A graffiti ‘takeover’ roils downtown Los Angeles
▼ + stars: | 2024-04-10 | by ( Leda Abkenari | Leda Joy Abkenari | ) edition.cnn.com time to read: +9 min

CNN —Climbing up abandoned, unfinished floors and tightrope walking across balcony ledges, backpacks clanging with cans of alkyd and acrylic, a collective of Los Angeles graffiti artists have transformed their craft beyond urban aesthetics to champion community issues. (The Los Angeles City Attorney confirmed to CNN that, as of April 3, criminal charges have been filed against 23 individuals, for violations including trespassing and possession of vandalism tools.) ENDEM's tag, pictured here adorning the walls of the 3rd Street tunnel in Downtown Los Angeles. And as a result of that, they’re on the streets,” Hutchinson told CNN, noting that the homeless population in Los Angeles is continuing to grow. (“This has strained our deployment,” LAPD Chief Michel Moore said during a February meeting of the Los Angeles City Council.

Persons: tagger ENDEM, “, Keith Haring, Banksy, Endem, ENDEM, ” ENDEM, Oceanwide, ” Roger Gastman, Roger Gastman, Earl Ofari Hutchinson, “ You’ve, ” Hutchinson, Hutchinson, Mario Tama, Michel Moore, ”, Blair Besten, ” Besten, Gastman, — we’re, We’re, it’s, ” Gastman, It’s Organizations: CNN, Oceanwide Holdings, Los Angeles City Attorney, Oceanside, Los Angeles Urban Policy, Los Angeles Housing Services Authority, LA, Plaza, LAPD, Los Angeles City Council, Downtown, Oceanwide Locations: Angeles, Downtown LA, Germany, New York City, Downtown Los Angeles, Oceanside, LA, Los Angeles

☆ 3G Capital quietly exited its Kraft Heinz investment last year
▼ + stars: | 2024-04-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

They had continued to be an investor and were treated as we do any investor," Kraft Heinz said in a statement to CNBC. "We did learn from their recent filing that 3G exited the Kraft Heinz stock entirely in 2023." Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett. Kraft Heinz sought to drive inorganic growth through a takeover bid for Unilever, but the Popsicle owner rejected its offer. In 2022, it distributed about 7% of Kraft Heinz to investors in its fund, which reportedly included tennis star Roger Federer.

Persons: Kraft Heinz, Warren Buffett, 3G's, Heinz, Buffett, Jorge Paulo Lemann, Alexandre Behring, Joao Castro, Neves, Roger Federer, Carlos Abrams, Rivera, he's Organizations: 3G, CNBC, Kraft, 3G Capital, Kraft Foods, Heinz, Busch InBev, Burger King, Big, Unilever, Securities and Exchange, Berkshire, InBev, Planters Locations: Berkshire, Lactalis

☆ Defense Secretary Lloyd Austin rejects accusations Israel has committed genocide in Gaza
▼ + stars: | 2024-04-09 | by ( Rebecca Shabad | Mosheh Gains | ) www.cnbc.com time to read: +2 min

U.S. Defense Secretary Lloyd Austin testifies before a Senate Armed Services Committee hearing on President Biden's proposed budget request for the Department of Defense on Capitol Hill in Washington, U.S., April 9, 2024. Defense Secretary Lloyd Austin on Tuesday said the U.S. has seen no evidence that Israel has committed genocide during its military operations against Hamas in Gaza. Asked by Sen. Tom Cotton, R-Ark., whether that means Israel is not committing genocide in Gaza, Austin said again, "We don't have evidence of that." Earlier in the hearing, Sen. Roger Wicker, R-Miss., had asked the defense secretary if Hamas' attack on Israel on Oct. 7 should be considered an act of genocide. "What we witnessed on Oct. 7, senator, was a horrific terrorist attack by Hamas," Austin said, adding it "certainly is a war crime."

Persons: Lloyd Austin, Biden's, Israel, Austin, Joe Biden's, Sen, Tom Cotton, Roger Wicker Organizations: Defense, Armed Services, Department of Defense, Capitol, Israel Defense Forces, Gaza Ministry of Health, United Nations, International Court of Justice, General Assembly Locations: Washington , U.S, U.S, Gaza, Israel, South Africa

☆ Taiwan earthquake: ‘Roger,’ overly playful dog who failed police academy, becomes star of quake response
▼ + stars: | 2024-04-09 | by ( Chris Lau | Wayne Chang | ) edition.cnn.com time to read: +3 min

While other dogs also played similar roles and were paraded for the media, Roger captured the island’s imagination — partly because of his backstory of an initial career failure. But his ebullient personality and intelligence made him a much better candidate to be a rescue dog, which was the career that was then chosen for him. Kaohsiung Fire DepartmentChen Chih-san, captain of the rescue dog unit of the Kaohsiung Fire Department, told reporters that Roger was transferred to the rescue training school when he was 1 year old. According to the Kaohsiung City Government, Roger was certified by the International Rescue Dog Organization in 2022, an accolade last achieved by a Taiwanese rescue dog in 2019. But retirement is looming for Roger, with the Kaohsiung Fire Department sending rescue dogs to a suitable home once they reach age 9, CNA said, citing Chen.

Persons: Roger, Kaohsiung Fire Department Roger, Chen Chih, “ I’m, ” Chen, ” Roger, Chen Organizations: Taiwan CNN, Central News Agency, CNA, Kaohsiung Fire Department, Kaohsiung Fire, Kaohsiung City Government, Dog Organization Locations: Taipei, Taiwan, lunged, Kaohsiung

☆ NASA’s space shuttle program reimagined rocketry. What went wrong?
▼ + stars: | 2024-04-05 | by ( Jackie Wattles | ) edition.cnn.com time to read: +17 min

The CNN Original Series “Space Shuttle Columbia: The Final Flight” uncovers the events that ultimately led to disaster. Deemed an “engineering marvel,” the first of five winged orbiters — the space shuttle Columbia — made its inaugural flight in 1981. Crews aboard the recovery ships Liberty Star and Freedom Star retrieve a reusable right solid rocket booster (below) after a space shuttle mission. Space Shuttle Columbia launched from the Kennedy Space Center in Florida at 10:39 a.m. NASA Space Shuttle Columbia lifts off from the Kennedy Space Center in Florida on January 16, 2003.

Persons: ”, Sean O’Keefe, Casey Dreier, Crews, O’Keefe, Scott Andrews, NASA's, Michael P, Anderson, William C, McCool, Rick D, David M, Brown, Laurel, Ilan Ramon, Kalpana Chawla, Joe Skipper, Karl Ronstrom, Ramon, NASA Chawla, Clark, Chawla, Robert Giroux, Kathryn O'Neill, Zachary, Brett Coomer, Florida Sen, Bill Nelson, Matt Stroshane, Tommy Peltier, Eric Gay, Smiley, Gene Theriot, Sean O'Keefe, George W, Bush, Ron Dittemore, Joe Cavaretta, O'Keefe, Mannie Garcia, NASA Sandy Anderson, Carlos Noriega, Michael L, Coats, Evelyn Husband, Thomas, John Raoux, Glenn Benson, Kim Shiflett, Rodney Rocha, Columbia’s, Rick Husband, “ Roger, Sen, Mark Kelly, “, ” Kelly Organizations: CNN, Shuttle Columbia, Sunday, NASA, Columbia, America’s, Planetary Society, European Space Agency, Space, International Space, Hubble, Liberty Star, NASA’s Ames Research Center, Space Shuttle Columbia, Kennedy Space Center, Reuters Space Shuttle Columbia, Scott Andrews People, Control Center, Getty, NASA Space, Israeli Air Force, Space Shuttle, Red Team, Blue Team, Johnson Space Center, Former, Houston, Houston Chronicle, People, US Navy Corps, Columbia Reconstruction, NASA Workers, Astronauts Memorial Foundation, Reuters, Bannock, Bannock Junior, Senior, Bannock High School, Johnson Space, Challenger, Shuttle, East Texas Locations: Columbia, America’s Soviet, Florida, Houston, Israel, SPACEHAB, New York, Laguna Hills , California, Texas, San Augustine , Texas, Washington ,, Shoshone, Fort Hall , Idaho, New Mexico, East

☆ Inflation is not reaccelerating, says Evercore's Roger Altman
▼ + stars: | 2024-04-04 | 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 EmailInflation is not reaccelerating, says Evercore's Roger AltmanRoger Altman, Evercore founder, joins 'Closing Bell' to react to David Einhorn's statements at the Sohn Conference yesterday.

Persons: Evercore's Roger Altman Roger Altman, David Einhorn's Organizations: Evercore, Sohn

☆ Move over Nike — Jim Cramer says Deckers and 3 others companies are 'taking share'
▼ + stars: | 2024-04-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer on Monday highlighted a group of shoe companies challenging Nike 's position in the market, following positive Wall Street research that pointed to multiple catalysts to propel the brands forward. Cramer discussed Hoka with Deckers then-CEO on "Mad Money" in 2014 , only a few years after Deckers acquired the brand . Still, the day after Nike issued its guidance, Cramer suggested Nike was not a king "anymore." 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 .

Persons: CNBC's Jim Cramer, Cramer, Roger Federer, Hoka, Nike's, Jim Cramer's, Nike, Jim Cramer, Jim Organizations: Nike, Barclays, Skechers, Jim Cramer's Charitable Trust, CNBC Locations: Skechers USA, Switzerland, U.S, China

Meanwhile, Micron got a price target increase from Bank of America, which sees the chipmaker surging more than 20%. 7:08 a.m.: Jefferies raises forecast on Target Jefferies thinks improving consumer discretionary trends should boost Target shares. The firm increased its price target on the stock to $205 from $195, implying shares gaining 16% from where they closed on Thursday. He upgraded shares to overweight from equal weight and increased his price target by $13 to $59. The bank also revised its bull case price target to $110 from $90, implying upside of nearly 130%.

Persons: Morgan Stanley, Target Jefferies, Corey Tarlowe, Jefferies, Tarlowe, TGT's, — Hakyung Kim, Wells, Roger Read, Read, Hakyung Kim, Brandon Oglenski, Hunt, Robinson, Werner, Oglenski, Anthony Cassamassino, Vivek Arya, Arya, —, Morgan, DAL, Fred Imbert Organizations: CNBC, Delta Air Lines, Micron, Bank of America, Jefferies, Target, Devon Energy, Diamondback Energy, EOG Resources, Barclays, J.B, C.H, Werner Enterprises, Bank of America's, Microsoft, Meta, Next, 2Q, Spotify, Citigroup, Marvell, Devices, TAM, Abercrombie, Fitch's Locations: Wells Fargo, Devon, Delaware, Q2'24, Thursday's, DAL

☆ There's a 10-15% chance the Fed doesn't cut rates at all this year, says Roger Ferguson
▼ + stars: | 2024-04-01 | 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 EmailThere's a 10-15% chance the Fed doesn't cut rates at all this year, says Roger FergusonFormer Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the state of the economy, the Fed's interest rate outlook, why he believes the market should temper expectations of three rate cuts this year, the likelihood of zero rate cut this year, and more.

Persons: Roger Ferguson Organizations: Roger Ferguson Former Federal

☆ Angry Farmers Are Reshaping Europe
▼ + stars: | 2024-03-31 | by ( Roger Cohen | Ivor Prickett | ) www.nytimes.com time to read: +1 min

It was recognized in 1957 with a designation of origin, similar to that accorded a great Bordeaux. “The mash adds a little fat and softens the muscles formed in the fields to make the flesh moist and tender,” Mr. Sibelle explained with evident satisfaction. But if this farmer seemed passionate about his chickens, he is also drained by harsh realities. Mr. Sibelle, 59, is done. He and his wife, Maria, are about to sell a farm that has been in the family for over a century.

Persons: Jean, Michel Sibelle, Mr, Sibelle, Maria Organizations: European Union Locations: France, Bresse, Bordeaux

☆ Opinion: This Easter, reflect on how your Bible came into being
▼ + stars: | 2024-03-30 | by ( Opinion Candida Moss | ) edition.cnn.com time to read: +11 min

CNN —The version of Easter you’re likely familiar with probably starts with how the Bible tells the story. As I show in my book, “God’s Ghostwriters: Enslaved Christians and the Marking of the Bible,” ancient dictation was bare bones and idiosyncratic. Someone might respond that while enslaved and formerly enslaved secretaries and copyists were present, they were still not authors. What we know is that Paul and Tertius wrote the Letter to the Romans together and that collaboration moves us into the realm of speculation. Saying that Paul “wrote Romans” when Romans itself claims that it was written by Tertius isn’t just speculative, it’s wrong.

Persons: Candida Moss, Edward Cadbury, John, Pontius Pilate, Jesus, Candida Moss Brian McConkey, Pilate, ” Pilate, It’s, Paul, Tertius, “, Mark, Peter’s “, Peter, ’, Roman enslavers, Varro, Martial, Roman, papyrologists Roger Bagnall, Raffaella, Douglas Sacha, ”, copyists, ” John Calvin, William Barclay, Tertius “, Barclay, Paul “, Tertius isn’t, Lord Jesus Christ, — Organizations: University of Birmingham, Notre Dame, CNN, Jewish, “ Institutes Locations: Judea

☆ American journalist Evan Gershkovich marks one year in Russian detention
▼ + stars: | 2024-03-29 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +4 min

American journalist Evan Gershkovich marked the grim milestone of one year in Russian detention on Friday as US efforts have yet to secure his release. “This has been a really difficult year for our family,” Gershkovich’s sister, Danielle Gershkovich, said at an event last week. Gershkovich is the first journalist to be arrested on such charges since the Cold War, and the Russian government has yet to provide any evidence to support its claim. “This verdict to further prolong Evan’s detention feels particularly painful, as this week marks one year since Evan was arrested and wrongfully detained,” US Ambassador to Russia Lynne Tracy said Tuesday. But it is time for the Russian government to let Evan go.”In the past several years, Russia has detained a number of other Americans.

Persons: Evan Gershkovich, ”, Danielle Gershkovich, “ It’s, Gershkovich, Evan, Lynne Tracy, “, “ Evan, Paul Whelan, Alsu Kurmasheva, Ksenia Karelina, Marc Fogel, Roger Carstens, CNN’s Christiane Amanpour, Carstens, Matthew Miller, Paul, Moscow, ’ Gershkovich Organizations: Street, Gershkovich, US State Department, ”, Philadelphia Inquirer Locations: Russian, Yekaterinburg, Moscow’s, Russia, American, Moscow

☆ Supreme Court abortion case brings 19th century chastity law to the forefront
▼ + stars: | 2024-03-29 | by ( Tierney Sneed | ) edition.cnn.com time to read: +10 min

The Comstock Act, as the law is known, is not central to the current Supreme Court case. Their interest in the law’s relevance to Tuesday’s case speaks to how the Comstock Act has taken a more prominent role in the efforts to further limit abortion. Among other arguments, the case’s plaintiffs, anti-abortion doctors and medical associations, have invoked the Comstock Act to argue the FDA acted unlawfully by not considering the 19th century criminal prohibition on mailing abortion drugs. But much attention will be paid to any commentary about the statute, even if just in a dissent, when the Supreme Court issues its ruling in the case in the coming months. The political ramifications of the Supreme Court’s ultimate decision in the current FDA case is also at the forefront of how they approach the subject.

Persons: Clarence Thomas, Samuel Alito, Comstock, Alito, Roe, Wade, Thomas, Wade –, ”, Skye Perryman, –, Elizabeth Prelogar, Biden, ” Prelogar, Julia Kaye, Joe Biden, Roger Severino, Severino, Trump, misoprostol, Donald Trump, Michelle Shen, Alayna Treene Organizations: CNN, Forward Foundation, Food and Drug Administration, FDA, Department, DOJ, Republican, Heritage Foundation, Heritage Foundation’s, Department of Health, Human Services, House, Trump Locations: Roe

☆ The way NFL games start has drastically changed. Here’s everything you need to know
▼ + stars: | 2024-03-27 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +6 min

This came after owners shook up the rule book by voting to outlaw the controversial ‘hip-drop’ tackle the day prior. Then in 2023, the NFL announced that the returning team would be able to signal for a fair catch to advance to the 25. These alterations – combined with the significant injury risk that the kicking team posed by running at full speed towards the returning team – saw the incentive to return the ball dwindle. Similarly, if the ball goes through and out of the end zone, it will be a touchback to the 30-yard line. “I think it will be a big improvement,” NFL commissioner Roger Goodell said, according to the league.

Persons: –, Scott Taetsch, it’s, Tyler Scott, You’ve, Punt, Roger Goodell, ” Goodell, ”, “, we’ll, Dameon Pierce, Richard Rodriguez, Dan Campbell Organizations: CNN, NFL, XFL, league’s, of Fame, Chicago Bears, Houston Texans, ESPN, Getty Images Detroit Lions

(AP) — A report detailing the audit of a $19,000 lectern purchased for Arkansas Gov. Norman said the governor's office requested an extension for its “management response," which is included in reports issued by the Division of Legislative Audit, and that response is due Friday. Legislative Audit conducts more than 1,000 reviews of state agencies, school districts and local governments every year. Sanders’ office said it received the lectern in August. Sanders' office did not immediately respond to a request for comment Wednesday.

Persons: Sarah Huckabee Sanders, Roger Norman, Norman, Sanders, Sanders ’, Donald Trump, It's Organizations: Arkansas Gov, Wednesday, Division, Legislative Audit, Republican Party of Arkansas, Republican Locations: Virginia

☆ Ohio GOP Senate nominee Bernie Moreno benefited from the kind of diversity initiative that Republicans hate
▼ + stars: | 2024-03-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewBernie Moreno, the GOP nominee for US Senate in Ohio, has long staked his political identity on the car dealership empire he once oversaw. Related storiesBut Moreno benefited from Mercedes-Benz's push for diversity in more ways than one. "They wanted a minority operator there," Moreno said during the 2014 hearing, according to a transcript obtained by Business Insider. Despite Moreno acknowledging that he benefited from Mercedes-Benz considering diversity when deciding who could buy the dealership, he maintains that he is opposed to affirmative action programs. Moreno is set to face incumbent Democratic Sen. Sherrod Brown of Ohio in a race that could determine which party controls the Senate.

Persons: —, Bernie Moreno, Moreno, Roger Penske, Mercedes, Reagan McCarthy, Bernie, McCarthy, Democratic Sen, Sherrod Brown of, Brown, Donald Trump Organizations: Service, GOP, US, Business, Republicans, Penske Corporation, Benz, Penske, YWCA Greater, Mercedes, Penske Automotive Group, Democratic Locations: Ohio, Colombia, United States, Boston, North Olmsted , Ohio, Arizona —, YWCA Greater Cleveland, Florida, Chandler , Arizona, Sherrod Brown of Ohio, Massachusetts

☆ A French-Malian Singer Is Caught in an Olympic Storm
▼ + stars: | 2024-03-26 | by ( Roger Cohen | Aurelien Breeden | ) www.nytimes.com time to read: +1 min

In four months, France will host the Paris Olympics, but which France will show up? Torn between tradition and modernity, the country is in the midst of an identity crisis. Right-wing critics say Ms. Nakamura’s music does not represent France, and the prospect of her performing has led to a barrage of racist insults online against her. The outcry has compounded a fight over an official poster unveiled this month: a pastel rendering of the city’s landmarks thronging with people in a busy style reminiscent of the “Where’s Waldo?” children’s books. An opinion essay in the right-wing Journal du Dimanche said “the malaise of a nation in the throes of deconstruction” was in full view.

Persons: Aya Nakamura, Waldo, ”, Napoleon, Dimanche Organizations: Paris Olympics, French Locations: France, Malian, Paris, Invalides

☆ 'Quiet luxury' was once all about fashion — but now it describes how the top 1% travel too
▼ + stars: | 2024-03-22 | by ( Helen Iatrou | Rob Goss | ) www.cnbc.com time to read: +4 min

Big-ticket travel experiences like those are indicative of the "quiet luxury" trend which began in the world of fashion, with timeless lines trumping brand-blaring outfits. Less limelight, more connectionJaclyn Sienna India, the founder of the ultra-luxury travel company Sienna Charles, said she considers herself a longtime quiet luxury disciple. Monaco has long been a playground for the elite, but wealthy travelers are increasingly opting for more remote locations, say luxury travel advisors. But another important aspect of the quiet luxury movement concerns security. For them, quiet luxury travel is about exclusivity and privacy, she said.

Persons: Jaclyn Sienna India, Sienna Charles, Vietnam's, Alexander Spatari, It's, Sean De Burca, George W, Bush, Erica, Erica Jackowitz, Jackowitz, Sienna India, Thomas Barwick, Roger Federer, Erica's Erica Jackowitz, Anastasiia Organizations: Monaco, Bank, Getty, Digitalvision, Henley, Partners Locations: Antarctica, Svalbard, Paris, Monaco, Chi Minh City, India, Brazil, Ethiopia, New York City, Africa

☆ General Electric is among the most overbought names on Wall Street. Here are the others
▼ + stars: | 2024-03-22 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

After significantly outperforming the broader market this year, shares of General Electric could see a pullback, at least according to one popular chart metric. Using the CNBC Pro Stock Screener tool, we searched for the most overbought and oversold names in the S & P 500 based on their 14-day relative strength index, or RSI. Here are some of the most overbought names: General Electric 's 14-day RSI of nearly 83 indicates that shares could be overbought. Several oil and gas names are also overbought, according to their RSI. However, Wall Street anticipates nearly 17% upside for Marathon Oil, according to LSEG.

Persons: LSEG, Wells, Roger Read Organizations: General, Federal Reserve, Dow Jones, Nasdaq, CNBC, Stock, GE, GE Vernova, New York Stock Exchange, Valero Energy, Marathon Petroleum, Marathon, NRG Energy, LSEG, NRG, Valero, Oil, Pfizer Locations: U.S, LSEG, Wells Fargo

☆ Roger Ferguson: Taking my expectation down to two rate cuts this year
▼ + stars: | 2024-03-18 | 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 EmailRoger Ferguson: Taking my expectation down to two rate cuts this yearFormer Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to preview this week's Fed meeting, what to expect from Fed Chair Powell's commentary, interest rate outlook and more.

Persons: Roger Ferguson Organizations: Federal, Fed

☆ OpenAI strikes deals with more major news publishers, posing a threat to Google's dominance
▼ + stars: | 2024-03-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

The ChatGPT maker announced this week it had struck partnerships with two major European media organizations: France's Le Monde and Spain's Prisa Media. This story is available exclusively to Business Insider subscribers. This is a "threat" to GooglePublishers who've signed agreements with OpenAI say they hope the partnerships will bring new life to their business. By wooing users with a better interface, OpenAI could threaten Google's dominance over online search, Zaman said. OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, OpenAI, Brad Lightcap, Axel Springer, Roger Lynch, Condé Nast, Google Publishers who've, Le Monde, Tauhid Zaman, Zaman, Hugh Martin Organizations: Service, Prisa, Business, Politico, CNN, Fox Corp, Bloomberg, ChatGPT, Yorker, Wired, The New York Times, Microsoft, Google Publishers, Google, Facebook, Media, Yale School of Management, Publishers, Scripps School of Journalism, Ohio University Locations: OpenAI

☆ Macron and Scholz Meet, Looking to Patch Up Differences on Ukraine
▼ + stars: | 2024-03-15 | by ( Erika Solomon | Roger Cohen | ) www.nytimes.com time to read: +1 min

Chancellor Olaf Scholz and President Emmanuel Macron of France met in Berlin on Friday looking to smooth over their differences on how to support Ukraine in its war with Russia and allay concerns that the Franco-German “engine of Europe” is sputtering. Mr. Scholz hosted Mr. Macron alongside Poland’s prime minister, Donald Tusk, as Europe struggles to maintain unity at a critical moment, with U.S. support for Kyiv in question and Russian forces having made gains on the battlefield. In recent weeks, the differences between the allies have become unusually public and bitter, even as all agree that support for Ukraine is crucial to preventing further Russian aggression in Europe. Mr. Macron, eager to stake out a tougher stance toward President Vladimir V. Putin of Russia, chided allies not to be “cowards” after they strongly rebuffed his suggestion that NATO countries should not rule out putting troops in Ukraine. From being Europe’s dove on Russia, the French leader, feeling humiliated over his initial outreach to Mr. Putin, has been transformed over the past two years into its hawk.

Persons: Olaf Scholz, Emmanuel Macron, Scholz, Macron, Donald Tusk, Vladimir V, Putin, ” Organizations: Franco, U.S, Kyiv Locations: France, Berlin, Ukraine, Russia, German, Europe

Search resuls for: "roger"

25 mentions found