DIRS.INFO The most relevant business & tech news

☆ More people will make thousands by selling stakes in their homes to Wall Street firms, according to one company that already sees elevated interest from homeowners
▼ + stars: | 2023-02-10 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

But high mortgage rates are making it difficult for homeowners to take advantage of this wealth. Home equity investments are a way to raise cash without taking out a new loan. However, higher mortgage rates have made it more difficult for Americans to take advantage of this wealth. He said the company foresees "strong demand" for the home equity investments in the coming months. According to a Redfin analysis of government data, 85% of US homeowners tote a mortgage rate far below today's level of 6%.

☆ A worse-than-expected recession will cause the price of homes in overvalued markets to fall 20% this year — and these 3 cities are most at risk
▼ + stars: | 2023-02-09 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Here are three cities where properties are overvalued and could drop by 20%. "I think it's going to continue to be a rolling recession, of which housing has already started." Many pundits expect that to change, and some are predicting that US home prices will plunge 20% in 2023. How much home values fall depends both on how long and painful the upcoming recession is and what market they're in, Polcari said. "In some parts of the country that got really overexaggerated, you could see those prices come in 20%," Polcari said.

☆ Wall Street pros reveal their top defense stocks — and the same names keep coming up
▼ + stars: | 2023-02-08 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

The iShares U.S. Aerospace & Defense ETF (ITA), which tracks the performance of U.S.-listed aerospace and defense stocks, rose 8.8% in 2022 and is up more than 2% this year. He said defense stocks are "one way to protect the other parts of the portfolio that are under pressure." "I'm bullish on aerospace and defense stocks, and I think those are names that should be in a longer-term portfolio. The investment bank described Moog as a "transition story" that will benefit from an "extended defense spending lift." Other South Korean stocks with exposure to the defense sector include Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering.

☆ Market veteran is still bullish on tech despite earnings upset, and reveals his other top picks
▼ + stars: | 2023-02-07 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Last week was a big one for tech earnings, but it ended on a whimper as a series of disappointments left market watchers questioning the strength of the tech rally. But market veteran Kenny Polcari, chief market strategist at SlateStone Wealth, is still bullish on Big Tech. "We added Big Tech on weakness, like Apple and Amazon, these stocks are getting arbitrarily dislocated. So, I do think there's [an] opportunity for sure, but I don't think you can go all in on Big Tech just yet," he said. STPN – 'Stuff that people need' But tech isn't Polcari's only way to play the market.

☆ Want to play the ChatGPT buzz? Analysts love these A.I. stocks — giving one upside of 150%
▼ + stars: | 2023-02-07 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Much buzz has been generated around ChatGPT, an artificial intelligence chatbot that's gone viral and reportedly reached 100 million monthly active users in January. Its popularity has sparked much interest in artificial intelligence tech . "You really have to consider the role that artificial intelligence is going to play … it's made this quantum leap almost, you know, overnight. For investors considering investing in AI, CNBC Pro has screened two ETFs for stocks: the $1.59 billion Global X Robotics & Artificial Intelligence ETF and the First Trust Nasdaq Artificial Intelligence & Robotics ETF, which tracks the Nasdaq CTA Artificial Intelligence and Robotics Index. Voice AI platform SoundHound also got a 100% buy rating, and analysts put its potential average upside at 31%.

President Joe Biden on Wednesday announced that the United States is sending 31 Abrams tanks to Ukraine in its war against Russia. The U.S. will also provide the necessary training and supplies needed to operate and run these tanks, he said. The president said sending the tanks will "enhance Ukraine’s capacity to defend its territory and achieve its strategic objectives" because they are "the most capable tanks in the world.”"That’s what this is about — helping Ukraine defend and protect Ukrainian land. Senior administration officials also emphasized that 31 M1 Abrams tanks are the equivalent of one Ukrainian tank battalion. “The reason for 31 is because that is how many tanks would constitute a Ukrainian Tank Battalion,” an official said.

☆ Biden administration unveils rent protections
▼ + stars: | 2023-01-25 | by ( Anna Bahney | ) edition.cnn.com time to read: +9 min

Washington, DC CNN —In response to rent payments soaring across the country in recent years, the Biden administration unveiled new actions Wednesday to protect tenants, make renting more affordable and improve fairness in the rental housing market. The agencies involved include the Federal Trade Commission, the Consumer Financial Protection Bureau, the Federal Housing Finance Agency, the Department of Housing and Urban Development and the Department of Justice. The FHFA will initiate a process to examine limits on egregious rent increases and proposals for renter protections for future investments. The administration also set out its guiding principles in its “Blueprint for a Renters Bill of Rights,” which, while not enforceable, aims to underscore protections the administration says every renter deserves. Meanwhile, others in the housing industry say that this kind of federal involvement in housing policy serves to increase housing costs.

☆ Volkswagen's adaptive cruise control system attempted to accelerate one owner's car to 100 miles-per-hour in a 30 zone, report says
▼ + stars: | 2023-01-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Two Volkswagen Tiguan owners told the Times of London about problems with adaptive cruise control. "I thought the car was trying to kill me," said one man, whose car tried to accelerate to 100 miles-per-hour. In a statement sent to Insider, Volkswagen noted that the adaptive cruise control system is "certainly not designed to create a fully autonomous vehicle nor supersede the responsibility of the driver." According to Volkswagen's website, adaptive cruise control works with front assist's radar sensors which detect if you're too close to a vehicle in front. ACC also uses front and rear cameras, as well as GPS information, to work out the road's speed limit.

☆ Philadelphia woman jailed for nearly a week after being wrongfully arrested in mistaken identity case
▼ + stars: | 2023-01-13 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +6 min

Following her arrest, Hudson's family contacted law enforcement in both Texas and Philadelphia in a bid to clear her name. The Harris County District Attorney's Office in Texas said that after learning about what happened it dismissed the case "within five minutes," citing insufficient evidence. “We accept charges based on the sworn evidence presented to us by law enforcement,” a spokesperson for the Harris County District Attorney’s Office wrote in a statement to NBC Philadelphia. In a statement Thursday, Philadelphia District Attorney Larry Krasner apologized for Hudson's ordeal. “The Philadelphia District Attorney’s Office became aware of Julie Hudson’s predicament last evening, thanks in part to media reports out of Houston and in Philly,” Krasner wrote.

☆ Felix red mist another blow for Chelsea and Potter
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +2 min

LONDON, Jan 12 (Reuters) - Chelsea manager Graham Potter said "the hits keep coming" after his new signing Joao Felix was sent off on his Premier League debut as the Blues lost 2-1 at Fulham on Thursday. Felix, whose loan signing cost Chelsea a reported nine million pounds, is now set to miss the next three league matches against Crystal Palace, Liverpool and Fulham. "It was another blow, the hits keep coming, I thought he (Felix) was very good up until then," Potter told BT Sport. Carlos Vinicius scored the decisive goal in the second half after Chelsea defender Kalidou Koulibaly had cancelled out Willian's opening strike. There's no other solution, keep focused go to the next match and try to get three points," Potter said.

☆ Felix sees red on debut as Chelsea slump at Fulham
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +3 min

The win lifted Fulham above Liverpool and up to sixth in the Premier League standings on 31 points after 19 games. Potter had no complaints about the red card, describing Felix's challenge on Tete as a "forward's tackle". The second half wasn't at our best level," he said. They lost midfielder Denis Zakaria to injury, however, and Felix to a red card, the 23-year-old wildly lunging at Tete after losing the ball. Felix, whose loan signing cost Chelsea a reported 9 million pounds ($11 million), will miss the next three league matches against Crystal Palace, Liverpool and Fulham due to suspension.

First lady Jill Biden had two cancerous lesions removed Wednesday, the White House doctor said in a memo. "The procedure confirmed that the small lesion was basal cell carcinoma," Dr. Kevin O'Connor said in a statement afterwards. O'Connor said that "as anticipated," Biden "is experiencing some facial swelling and bruising" after the outpatient procedure, "but is in good spirits and is feeling well. Basal cell carcinoma is the most common form of skin cancer and is easily treatable if detected early. O'Connor noted that basal cell carcinoma lesions "do not tend to 'spread' or metastasize, as some more serious skin cancers such as melanoma or squamous cell carcinoma are known to do.

☆ A Minute With: R&B singer H.E.R. inspired to see women grab guitars
▼ + stars: | 2023-01-10 | by ( Hanna Rantala | ) www.reuters.com time to read: +3 min

attends a premiere event for Beauty and the Beast: A 30th Celebration in Los Angeles, California, U.S., December 13, 2022. already has five Grammy Awards, a best song Oscar, and nearly two decades of experience performing - despite being only 25. : "I think a lot of women, especially young Black women, young Filipino women, don't really think that these kinds of things are possible and I barely thought it was possible. It's crazy how music can do that, but it's also crazy that I can do that and I feel really grateful." : "I'm so grateful that that was technically like my first debut, officially working with Oprah and Spielberg is involved.

☆ NFL roundup: Eagles lock down No. 1 seed in NFC
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +10 min

1 seed in the NFC with a 22-16 win over the visiting New York Giants on Sunday. Hurts led six scoring drives and the Eagles never trailed the Giants (9-7-1), who had already sewn up the No. 6 seed and opted to rest quarterback Daniel Jones, Pro Bowl running back Saquon Barkley and other starters. Smith finished the regular season with 4,282 yards passing, surpassing Russell Wilson's team record of 4,219 set in 2016. Baltimore's Anthony Brown was 19-of-44 passing for 286 yards and two interceptions in his first career NFL start.

☆ Rudy Giuliani filming himself as his voice is drowned out by a cover band playing 'Footloose' is the highlight of Trump's New Year's event at Mar-a-Lago
▼ + stars: | 2023-01-01 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

Rudy Giuliani attended Donald Trump's New Year's Eve party at Mar-a-Lago. In a video posted to Twitter, Giuliani films himself speaking while partygoers wave to the camera. In a video posted to Twitter with the caption "Mar-a-Lago 2023 New Year headed right to 2024!" Giuliani did not appear to notice and posted the video as people danced around him and photobombed the camera. Former President Donald Trump and former first lady Melania Trump arrive for a New Years Eve party at Mar-a-Lago, in Palm Beach, Fla., Saturday, Dec. 31, 2022.

☆ A married couple with a 47-unit real estate portfolio worth $19 million explain why the housing market is setting investors up for 'significant opportunities' in 2023 — and the top regions to buy in
▼ + stars: | 2023-01-01 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +7 min

Kenny Simpson and Krystle Moore have amassed a $19 million, 47-unit real estate portfolio. With a recession on the horizon, inflation remaining at decades-high levels, and rapidly climbing interest rates, the future of the real estate market heading into 2023 seems bleak. "I think the general theme of 2023 is going to be significant opportunities for people in real estate," Moore told Insider in a recent interview. A Fed pivot will also help stimulate the real estate market since the industry is highly sensitive to rates, boosting jobs in construction and lending. Finding emerging markets can be a goldmine for real estate investors, since these areas are oftentimes cheaper than their more established counterparts.

☆ Meet the team behind CNN’s ‘New Year’s Eve Live’
▼ + stars: | 2022-12-31 | by ( Tricia Escobedo | ) edition.cnn.com time to read: +5 min

ET as Anderson Cooper and Andy Cohen co-host CNN’s “New Year’s Eve Live” from New York City’s Times Square. CNN —Every New Year’s Eve, Anderson Cooper and Andy Cohen host four-and-a-half hours of live television, joined by celebrity guests and performers, as they count down to the new year. “New Year’s Eve Live” is created by “a patchwork team of CNN employees from different show teams, bureaus and units from around the globe,” Hall explained. Here’s what Doft and Hall told us about the live special and what we can look forward to Saturday night:This is the 20th year that Anderson Cooper has hosted ‘New Year’s Eve Live’ on CNN. In fact, it’s why he chooses to anchor “New Year’s Eve Live” — to make sure the audience has a place to go and to fill people with hope, laughter and love.

The presence of police in schools actively jeopardizes the safety of Black students compared to their counterparts of other races, according to a report published this month. Black students were subjected to more than 80% of the incidents of police violence accounted for in the survey, which analyzed more than 285 incidents over a decade. The report also cited 24 cases of sexual assault on students and five student deaths as a result of police force in schools. Whittenberg said: “In general, Black students are often viewed as the problem and as needing some sort of disciplinary treatment in order to act correctly. Whittenberg said he hopes the report creates change in the conversation surrounding removing police from schools.

“I Wanna Dance with Somebody” suffers from thin dialogue and predictability — dull trappings intrinsic to biopics. Naomi Ackie as Whitney Houston in "I Wanna Dance with Somebody." To wit: Whitney Houston was a Black woman — ate Black, slept Black, lived Black, cried Black, walked Black and died Black. The most peculiar aspect of this criticism is the fact that nearly all American music is Black music. While Houston has mostly elided criticism that she wasn’t Black enough or didn’t make Black music, the spirit of this indictment lives on today.

☆ Remote Workers Are Blowing the Whistle, Employees Exposing Companies
▼ + stars: | 2022-12-20 | by ( Britta Lokting | ) www.businessinsider.com time to read: +12 min

The Securities and Exchange Commission — which implemented a whistleblower program in 2011 and where Haugen and others have sent documents — has received a historic jump in complaints over the past few years. How remote work sparked a flood of whistleblowersAs the pandemic spread and workers retreated to their makeshift home offices, employees began to reconsider their relationship with work. MacGann, the Uber whistleblower, told Politico that it wasn't until the pandemic that he "had time on his hands" to really ponder his decision to come forward about the ride-hailing company's treatment of workers. Remote work, she explained, helps to remove some of those barriers to whistleblowing. In addition to the record-breaking number of tips, the SEC whistleblowing program awarded $229 million in 103 cases this year.

☆ The Year in Pictures 2022
▼ + stars: | 2022-12-19 | by ( The New York Times | ) www.nytimes.com time to read: +57 min

Every year, starting in early fall, photo editors at The New York Times begin sifting through the year’s work in an effort to pick out the most startling, most moving, most memorable pictures. But 2022 undoubtedly belongs to the war in Ukraine, a conflict now settling into a worryingly predictable rhythm. Erin Schaff/The New York Times “When you’re standing on the ground, you can’t visualize the scope of the destruction. Jim Huylebroek for The New York Times Kyiv, Ukraine, Feb. 25. We see the same images over and over, and it’s really hard to make anything different.” Kyiv, Ukraine, Feb 26.

☆ NFL roundup: Patriots fumble away game to Raiders on last play
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +9 min

Carr completed 20 of 38 passes for 231 yards, three touchdowns and one interception. Bengals 34, Buccaneers 23Joe Burrow threw four touchdown passes to help Cincinnati overcome a 17-point deficit and upend host Tampa Bay for its sixth straight win. Chicago regained possession trailing 17-13 with 8:25 to play after Jake Elliott's 38-yard field goal attempt bounced off the right upright. Saints 21, Falcons 18Andy Dalton threw two touchdown passes and Taysom Hill threw another one as host New Orleans defeated Atlanta. Dalton completed 11 of 17 passes for 151 yards and connected with Juwan Johnson for touchdowns of 19 and 22 yards.

☆ American college student who went missing in France reunited with family
▼ + stars: | 2022-12-17 | by ( Leila Sackur | ) www.nbcnews.com time to read: +2 min

An American college student who was reported missing during a study abroad trip in France has been reunited with his mother and is heading back to the United States, authorities said Saturday. DeLand had gone missing last month but made contact with his parents on Friday morning from Spain. They said at the time that they had last heard from DeLand on Nov. 27 via WhatsApp, a text message and calling app. The 22-year-old went to class on Nov. 28, his family had said. The following day, he left his host family’s home and boarded a train for Valence, France, packing a small bag that held his cellphone, food, wallet and a change of clothes.

☆ Lego Investing Is Booming. Here’s How It Works
▼ + stars: | 2022-12-16 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

TV Shows Are Too Dark! Here’s How to Fix That. TV shows like “House of the Dragon” and “Stranger Things” have come under fire for being too dark. WSJ’s Kenny Wassus spoke with experts about why shows are leaving us squinting and how to adjust your TV to help. Illustration: Alex Kuzoian for The Wall Street Journal

☆ Lego Investing Is Booming. Here’s How It Works.
▼ + stars: | 2022-12-16 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Search resuls for: "Kenny"

25 mentions found