DIRS.INFO The most relevant business & tech news

☆ Stock market today: S&P 500 hits another record close as rally presses on amid earnings
▼ + stars: | 2024-10-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

US stocks hit record highs on Monday as investors get ready for a wave of earnings reports. Over 80 S&P 500 companies, including Netflix and Goldman Sachs, report earnings this week. Monday's close marked the S&P 500's 46th record close of the year, as investors continue to power the two-year-old bull market higher. More than 80 S&P 500 companies are scheduled to report third-quarter earnings results this week, with major names like Netflix, Goldman Sachs, and Morgan Stanley on deck. According to data from Fundstrat, 6% of S&P 500 companies have already reported their results.

Persons: Goldman Sachs, Fed Governor Waller, —, Monday's, Morgan Stanley, Adriana Kugler, Christopher Waller, Waller Organizations: Netflix, Fed, Service, Dow Jones, Dow, Federal, Stanford University's Hoover Institution Locations: Fundstrat, Here's

☆ Asia markets open higher after China weekend briefing hints at more stimulus; economic data in focus
▼ + stars: | 2024-10-14 | by ( Anniek Bao | ) www.cnbc.com time to read: +1 min

"China's growth recovery and north Asia's earnings rebound in 2024 remain our key investment themes and overweight areas," Goldman Sachs' strategists, led by Timothy Moe, wrote in a Saturday note. Asia-Pacific markets opened higher Monday, as investors assessed China's weekend press briefing and awaited a slew of economic data this week from the region. Both metrics missed expectations of economists polled by Reuters, who estimated CPI to rise 0.6% and PPI to decline 2.5%. China is set to release its trade data for September on Monday, with exports expected to rise 6%, a slower growth than 8.7% in August, while imports are estimated to grow 0.9%, compared to 0.5% in August. China watchers also look ahead to the week with a busy set of economic data, including China's third-quarter GDP, September industrial output growth, retail sales and unemployment rate.

Persons: Goldman Sachs, Timothy Moe, Finance Lan Fo'an Organizations: China's, Finance, Reuters, PPI Locations: Asia, Pacific, China

☆ Jim Cramer expects Nvidia-led chip rally to continue as bull market enters third year
▼ + stars: | 2024-10-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer on Monday marked the two-year anniversary of the current bull market with an ode to Nvidia and the U.S. semiconductor industry. "We have a remarkable semiconductor rally, and it is at the heart of this market," Cramer said on "Squawk on the Street." Broadcom helps tech heavyweights, most notably Alphabet-owned Google , design specialty AI chips and also provides other products used inside data centers. NVDA .SPX mountain 2022-10-12 Nvidia's stock performance compared with the S & P 500 during the two-year bull market, which began on Oct. 12, 2022. "Amazon is the company that Jensen kept referencing to me as a great friend," said Cramer, whose Trust also owns Amazon stock.

Persons: CNBC's Jim Cramer, Cramer, Dell, Jensen Huang, Jensen Organizations: Nvidia, Micro Computer, Broadcom, Cramer's Charitable Trust, CNBC, Club, Micro, Arista Networks, Dell Technologies, Arista, Facebook, Meta, Amazon Web Locations: U.S, Cramer's

☆ Dollar extends gains while investors parse China's stimulus plans
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: +4 min

The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China's somewhat disappointing weekend stimulus announcements the focus of market attention. The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China's somewhat disappointing weekend stimulus announcements the focus of market attention. "Markets are likely disappointed that China's Finance Ministry did not unveil concrete additional stimulus," said Richard Franulovich, head of FX strategy at Westpac, in a note. The yuan is down 0.9% against the dollar since Sept. 24, when the People's Bank of China kicked off China's most aggressive stimulus measures since the pandemic. The yen and euro both fell around 0.3% each, sterling shed 0.4% and the dollar index climbed 0.4%.

Persons: Lan Foan, Richard Franulovich, Christopher Wong, Christopher Waller Organizations: Federal Reserve, Finance, China's Finance Ministry, Westpac, People's Bank of China, CSI, Fed, Traders, New Zealand Locations: Asia, Japan, China, Singapore, U.S, United States

☆ It's the first day for Nike's new CEO. He has a long road ahead.
▼ + stars: | 2024-10-14 | by ( Alex Bitter | Jordan Hart | ) www.businessinsider.com time to read: +4 min

Nike veteran Elliott Hill started as the new CEO on Monday. Hill, a Nike veteran who retired in 2020, is tasked with getting the sneaker and apparel giant back on track. Related storiesThree decades with Nike — and now, a new chapterHill joined Nike in 1988 as an apparel sales representative intern, according to his LinkedIn profile. AdvertisementIndeed, Hill's long history at Nike is a contrast with his predecessor, John Donahoe, who joined the company as CEO in 2020. He will serve as president and CEO and hold a director position on Nike's board.

Persons: Elliott Hill, Hill, Nike, —, He'll, Louise Deglise, he's, Thomas Roulet, John Donahoe, Donahoe, Matthew Friend Organizations: Nike, Service, Air Force, Air, Favre, GlobalData, Bloomberg, Nike —, University of Cambridge's Judge Business School, eBay

☆ Why economists and strategists still say a recession is postponed, despite a startling inflation report
▼ + stars: | 2024-10-13 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Contradictory messages about inflation and the labor market have investors on guard. Price growth is slowly falling from its peak, but it exceeded expectations in September after a hot reading in August. AdvertisementInflation is a threat that won't sink the economyWhile there's plenty of economic data to get excited about, persistent price growth is a problem. "If we're going to be data dependent, we have to at least look at the data," Sosnick said. Higher-than-hoped inflation is rarely compatible with an economic downturn, so if price growth does persist, it likely won't be in an earnings-crushing contraction.

Persons: —, Steve Sosnick, they've, John Kerschner, Janus Henderson, Sosnick, Preston Caldwell, Morningstar's, Jim Baird, Plante, Baird, Joe Quinlan —, Skyler Weinand, Regan, Weinand, We've Organizations: Service, US, of Labor Statistics, Federal Reserve Bank of Atlanta, Interactive Brokers, Business, Manufacturing, Index, Janus, Janus Henderson Investors, Equity, Financial, Merrill, Private Bank, Bank of America, Regan Capital, Fed Locations: China

☆ Stock futures are flat in overnight trading with key corporate earnings on deck: Live updates
▼ + stars: | 2024-10-13 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Stock futures were little changed in overnight trading Sunday as investors waited to assess whether the next batch of key corporate earnings could power the market to more records. S&P 500 index futures were flat, while Nasdaq-100 futures dipped 0.1%. The S&P 500 closed above 5,800 for the first time, while the blue-chip Dow also reached an all-time high. The S&P 500 has gained nearly 22% this year, excluding reinvested dividends. Treasury yields have risen lately too, with the benchmark 10-year note yield, used to calculate everything from mortgages to auto loans, topping 4.1% last week.

Persons: Wells Fargo, Dow, Goldman Sachs, Johnson, Morgan Stanley, Adam Crisafulli Organizations: New York Stock Exchange, Stock, Dow Jones Industrial, Nasdaq, Columbus, JPMorgan Chase, Bank of America, Johnson, United Airlines, Walgreens Boots Alliance, Netflix, Procter, Gamble, Federal, Vital, Treasury Locations: New York City

Springfield, Ohio CNN —It’s just past 4am. To lose them would be a blow to his business, he told CNN. They’re ready to give birth in probably the next couple hours, and they’ve never had a single prenatal visit,” Cook told CNN. Haitians sit down to eat their meal at a Haitian restaurant in Springfield, Ohio, on September 12, 2024. That’s tough,” Heck told CNN.

Persons: Springfield , Ohio CNN — It’s, Daniel Aula, he’s, Aula, wasn’t, “, ”, Donald Trump, Ohio Sen, JD Vance —, Trump, Vance, He’s, Ross McGregor, McGregor, ” McGregor, they’d, “ We’ve, Bryan Heck, Springfield Mayor Rob Rue, we’ve, Chris Cook, “ You’ve, they’ve, ” Cook, Cook, “ That’s, Biden, Sens, Sherrod, Ohio Brown, Tim Scott of, Tim Scott of South Carolina —, cc’d Vance, ” Heck, Rent, Rue, Rob Rue, Dominic Gwinn, Jaob Payen, Daniel Driscoll, I’ve, ” Andy Wilson, it’s, —, Mike DeWine, Kerry Lee Pedraza, Pedraza, ” Pedraza, Roberto Schmidt, Aula’s, Harris, Alejandro Mayorkas, Katie Kersh, Kersh, ” Kersh, Lebon, ” Lebon, Sassy ”, ’ ”, “ ’, Sen, JD Vance, Matthew Hatcher, ‘, Fran DeWine, Prince —, ” DeWine, DeWine, that’s, ’, Daniel Aula’s, ” Aula, ” “, CNN’s Catherine E, Shoichet, Kate Sullivan, Daniel Dale Organizations: Springfield , Ohio CNN, CNN, Biden, Nation, Springfield City, Springfield Mayor, Springfield, Infants, Children, City, Getty, US Navy, Republican, Ohio Department of Public, Patrol, Springfield Police, United, “ Haitian Coalition, AFP, United Nations Human Rights, UN, US, Homeland, TPS, “, Gov, Ohio Gov, Trump, Underground Railroad Locations: Springfield , Ohio, Haiti, Springfield, Ohio, November’s, Clark County, Pentaflex, Haitian, Tim Scott of South Carolina, ”, County, City, United States, Creole, Leesport , Pennsylvania, Port, DeWine, America, Germans, “, —

☆ China's real estate stimulus could boost this stock, analysts say
▼ + stars: | 2024-10-13 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

While China's property development giants find their footing amid the ongoing real estate slump, several analysts have their sights on housing transaction and services platform KE Holdings . The stock also trades in Hong Kong. In contrast, an index of Chinese property stocks in Hong Kong has gained just under 3% for the year after a volatile three weeks. But China's giant property developers now face a market that's very different from the one they saw in their heyday. Goldman has a price target of 54 Hong Kong dollars ($6.95) and $21 for the company's U.S.-listed shares.

Persons: Jefferies, Xi Jinping, Richard Tang, Hong Kong, Julius Baer, Tang, Goldman Sachs, Goldman, — CNBC's Michael Bloom Organizations: KE, KE Holdings, Jefferies, CNBC, People's Bank of, Bank of America Securities, Bank of America, BofA Securities, Goldman, Hong Locations: U.S, Hong Kong, Friday's, China, People's Bank of China, Beijing, Hong

☆ 5 things not to say to a grieving friend
▼ + stars: | 2024-10-12 | by ( Alisyn Camerota | ) edition.cnn.com time to read: +7 min

CNN —It’s almost impossible to know what to say to someone in the throes of grief. There’s no one right answer, of course. Still, trading notes with a few grieving people, including my own children, I’ve found some helpful do’s and five unexpected don’ts. It goes something like this: Some things in life are glorious, and some things suck. Remember, it’s OK to say you don’t know what to say.

Persons: CNN —, I’ve, You’d, Alisyn Camerota, Tim Lewis, ’ I’ve, doesn’t, we’d, King ”, Mufasa, we’re, “, I’d, ” Organizations: CNN

☆ This niche AI play is seeing business growth rates that are triple the pace of the data centers
▼ + stars: | 2024-10-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +16 min

As artificial intelligence fuels the boom in data center growth, investors are eyeing a new frontier: the companies keeping these digital powerhouses cool. That's because historically, data centers used air cooling to manage the heat generated by traditional cloud applications. Triple data center growth Vertiv and Modine are legacy air cooling players that entered the liquid cooling market through acquisitions, while nVent is a pioneer. "The need for liquid cooling is not cannibalizing the need for mechanical (air) cooling," Matt Summerville, an analyst at D.A. "The need for liquid cooling is not cannibalizing the need for mechanical (air) cooling," Matt Summerville, an analyst at D.A.

Persons: Modine, there's, Dean Dray, Matt Summerville, Davidson, Summerville, William Blair, Brian, nVent, Dray, Vertiv, Jefferies, Saree Boroditsky, Boroditsky Organizations: Modine, RBC Capital Markets, CNBC, D.A, CoolTerra, TMG, Scotts, Scotts Springfield Manufacturing, Asia Pacific, CDU, Summerville, Luza Locations: Scotts Springfield, Asia, Summerville

☆ New York Times: Trump made offensive remark about Harris’ mental acuity at dinner with donors
▼ + stars: | 2024-10-12 | by ( Kaanita Iyer | ) edition.cnn.com time to read: +3 min

CNN —Former President Donald Trump called Vice President Kamala Harris “retarded” while attempting to convince top Republican donors to pour more money in his campaign, The New York Times reported Saturday. According to the Times, the former president’s offensive remark came during a dinner with donors at his penthouse apartment last month. Sources told the Times that Trump was frustrated with fundraising numbers as Harris continues to bring in more cash than his campaign. “If money guaranteed electoral success, Hillary Clinton would have been president,” Trump’s campaign said Saturday in a statement to CNN. “President Trump is in a better financial position than ever before, and he’s leading in the polls,” campaign spokeswoman Karoline Leavitt added.

Persons: Donald Trump, Kamala Harris “, Betsy DeVos, Paul Singer, Warren Stephens, Joe Ricketts, Trump, Harris, Hillary Clinton, ”, he’s, Karoline Leavitt, Joe Biden, ” Harris, “, CNN’s Fredreka, Alayne Treene, Edward, Isaac Dovere Organizations: CNN, The New York Times, Times, “, Twitter Locations: OpenSecret, Pennsylvania

☆ How ‘shoe doping’ changed marathon times forever – in ways we still don’t fully understand
▼ + stars: | 2024-10-12 | by ( Liam Tharme | ) www.nytimes.com time to read: +16 min

This is the story of how the marathon has changed, told by some of the people behind the technological revolution. Marathon running is done individually but succeeds best when athletes work in packs, either with official pacemakers or using each other to share workloads and draft. They put one into a marathon shoe in a 2006 study, got sub-elite athletes to run on treadmills, and found a 1.3 per cent benefit in terms of energy reduction. “We set up at that point (2016), one of the most in-depth and best controlled studies on running shoes. Hoogkamer uses MRI scanners at the University of Massachusetts, which “you can’t really run in.” Some opt for ultrasound devices and others for muscle oxygenation sensors.

Persons: Eliud Kipchoge, Kipchoge, Roger Bannister’s, He’d, Alex Halada, Kelvin Kiptum’s, Paula Radcliffe’s, Tigst Assefa, Peres Jepchirchir, Tim Hutchings, Kenenisa Bekele, Sir Jim Ratcliffe, ”, Maxwell Muttai, Benno Nigg, “, Wouter Hoogkamer, Nike’s, ’, ” Nigg, Hoogkamer isn’t, he’s, it’s, you’re, Marco Tacca, Muttai, They’re, they’re, Nike Vaporfly, Hoogkamer, Liam Tharme, Soh Rui Yong, Molly, “ There’s, Rui Yong, Yong Teck Lim, Soh, “ Asics, Hutchings, —, Mike Marsland Organizations: Breaking2, Getty, London, Research, University of Calgary, Nike, University of Colorado, of Colorado, Athletic, Adidas, University of Massachusetts, New York City Marathon, Sports, Asics, Brands, World Athletics, Formula, Nike Vaporfly Locations: Vienna, Rio de Janeiro, Monza, Nike’s Alphaflys, AFP, Chicago, Berlin, Tokyo, Boston, London, Chicago , New York, supershoes, Paris, Boulder , Colorado, “, Rio

☆ Ina Garten left a White House job to pursue a cooking career—how the ‘crazy risk’ turned her into a millionaire
▼ + stars: | 2024-10-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

In her 20s, Garten worked in the White House for Presidents Gerald Ford and Jimmy Carter writing policies for the nuclear energy budget. Garten had no idea that her next chapter was waiting 300 miles away — in a tiny 400-square-foot food shop in Long Island, New York. Garten thought she might be happier working in the food business over politics, as cooking was her passion. Compared to her stifling government job, Garten thought the food business could offer a greater sense of freedom and creativity. The following weekend, Garten and her husband Jeffrey drove out to New York and bought the shop for $20,000.

Persons: Ina Garten, didn't, Garten, Gerald Ford, Jimmy Carter, —, Julia Child's, Jeffrey Organizations: White, Management, New York Times, Barefoot, Hamptons Locations: Garten, Long Island , New York, New York

☆ The stock market's bull rally is 2 years old. Here's what tends to happen next.
▼ + stars: | 2024-10-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

With the bull market in stocks now two years old, investors are wondering how long the rally can last. AdvertisementThe stock market bottomed on October 12, 2022, marking two years since the start of the ongoing bull rally. A resilient job market, lower inflation, and continued corporate earnings growth helped push the stock market higher over the past two years. A common Wall Street expression is "rotation is the lifeblood of a bull market," and that appears to be playing out. Advertisement"Although many might think this bull market has gone too far and is getting old, that isn't the case at all.

Persons: —, Jay Woods, Woods, Ryan Detrick, Detrick, Baird, Ross Mayfield Baird, Ross Mayfield, Mayfield, Rob Haworth, Haworth Organizations: Service, Nasdaq, Dow Jones, Freedom Capital, Jay, Freedom Capital Markets, Carson, Carson Group, Business, Asset Management, Rob, Bank Asset Management, Federal Reserve

☆ It's a tough time to be a tech graduate — AI and layoffs have made it a competitive job market
▼ + stars: | 2024-10-12 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +10 min

Tech graduates, once near-guaranteed a role, are facing a tough job market. The rise of AI, offshoring, and tech layoffs are making roles more competitive. While the US job market is improving, experts say tech graduates are still struggling — and will continue to for a while. AdvertisementLayoff streakAfter two years of brutal tech layoffs, demand for tech workers has still not returned to pre-pandemic levels. "But there just isn't a lot of bites right now to say that AI is eliminating roles for entry-level workers."

Persons: —, Alex Diaz, Diaz, Diaz isn't, I'm, I've, James O'Brien, O'Brien, Alec Wolyniec, he's, Wolyniec, Alex Hernandez, Hernandez, Kantenga, Gen, Gen Z, Chris Abbass, it's Organizations: Tech, Service, of Maryland, —, University of Maryland, University of California, ADP, Federal, Emory University, LinkedIn, Twitter Locations: Berkeley, WFH

The Summary The tornado outbreak that Hurricane Milton spawned in Florida was a leading cause of death and damage from the storm. Hurricane Milton brought an earlier-than-expected dose of chaos before it made landfall this week, as supercell thunderstorms — which feature rotating updrafts and can produce tornadoes — raced across the state. From 1995 through 2023, just five tornadoes produced by tropical storms were rated that high. “With the initial tornadoes, that particular band of showers and storms from Milton seemed to really eject pretty far out in front of the hurricane,” Gallus said. That’s how it played out during Milton, Gallus said: The twisters “occurred right where we see most tornadoes happen.”But in Milton’s case, he noted, the tornadoes were particularly concentrated.

Persons: Milton, Hurricane Milton, “, ”, Donal Harrigan, Harrigan, Giorgio Viera, Ivan, Rita, Harvey, Bill Gallus, Milton “, ” Gallus, we’ve, Gallus, —, Helene Organizations: National Weather Service, Prediction, NWS, Getty, Iowa State University Locations: Florida, South Florida, U.S, Hurricane, Lucie County, Hurricane Milton, Palm Beach, Lake Okeechobee, Miami, Lakewood Park, Fla, Kansas, Milton

☆ We're hiking our Wells Fargo price target after the stock surged on earnings
▼ + stars: | 2024-10-11 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Wells Fargo reported results before Friday's opening bell. WFC YTD mountain Wells Fargo YTD Shares of Wells Fargo surged 6% on the release to more than $61. Wells Fargo Why we own it : We bought Wells Fargo as a turnaround story under CEO Charlie Scharf. We come away from the call feeling good not only about Wells Fargo's setup for next year. A resurgence in Wall Street dealmaking — both mergers and acquisitions and initial public offerings — will benefit Wells Fargo.

Persons: Wells, Wells Fargo, That's, Charlie Scharf, He's, Scharf, Charles Scharf, we've, Morgan Stanley, NII, Jim Cramer's, Jim Cramer, Jim Organizations: Investors, Wells, Federal Reserve, Bank of America, Citigroup, buybacks, Management, CNBC Locations: LSEG, Wells, Wells Fargo, reinvest, U.S, NII

☆ The Atlantic is expanding its print magazine as it surpasses 1 million subscribers
▼ + stars: | 2024-10-11 | by ( Brian Stelter | ) edition.cnn.com time to read: +3 min

New York CNN —The Atlantic is doing something exceedingly unusual for a magazine in 2024: increasing the number of issues it prints. Most of those subscribers receive both the print and digital editions of the magazine, and Goldberg has been eager to expand its print frequency. “We want to meet our readers where they are, and our readers love the print magazine,” he said. “The greatness of print and especially a print magazine is that it sits still for you,” Goldberg said. “I’ve never believed that resting on our laurels was an option, for more than a long weekend,” Goldberg told The Atlantic’s staff in a memo.

Persons: Jeffrey Goldberg, Laurene Powell Jobs, Goldberg, ”, ” Goldberg, “ I’ve Organizations: New, New York CNN, CNN Locations: New York

☆ Another key US inflation gauge fell in September
▼ + stars: | 2024-10-11 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

CNN —Inflation for US producers slowed further in September, adding to hopes that prices aren’t getting jacked up before they get to consumers. The annual rate is running faster than the 1.6% gain economists expected, according to FactSet estimates; however, August’s rate was revised higher from the initial 1.7% estimate, so prices still fell in September. PPI is important because it’s often seen as a bellwether for the price increases consumers will wind up paying down the line. On Thursday, the Consumer Price Index — a measurement of average price changes for commonly purchased goods and services — cooled to 2.4%, its lowest rate since February 2021. As a result, Fed officials have now shifted from trying to contain inflation to trying to keep the job market healthy, the other half of their so-called dual mandate.

Persons: Price, that’s Organizations: CNN, of Labor Statistics, PPI, Federal Reserve

☆ Cramer wants to buy more of this chipmaker, considers adding another cybersecurity stock
▼ + stars: | 2024-10-11 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. During the Club's Morning Meeting, Jim Cramer said Wall Street is "starting earnings season off with a bang." Club stock Wells Fargo rose more than 5.5% after quarterly profit exceeded estimates. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m.

Persons: Jim Cramer, Jim, Melius, Jensen Huang, Morgan Stanley, CrowdStrike, Stocks, Tesla, Jim Cramer's Organizations: CNBC, AMD, Melius Research, Nvidia, Alto Networks, JPMorgan, Ferrari Locations: Wells, BlackRock

☆ Wholesale prices were flat in September, below expectations
▼ + stars: | 2024-10-11 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department reported Friday. The producer price index, which measures what producers get for their goods and services, was flat for the month and up 1.8% from a year ago. Within the PPI, a 0.2% decline in final demand goods prices offset a 0.2% increase in services. A 3% jump in deposit services costs pushed the services index higher, while professional and commercial equipment wholesaling prices tumbled 6.3%. Similarly, the index for gasoline fell 5.6%, holding back gains on the goods index.

Persons: Dow Jones Organizations: Labor Department, PPI, Fed

☆ Jefferies' David Zervos explains why the market rally 'looks good'
▼ + stars: | 2024-10-11 | 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 EmailJefferies' David Zervos explains why the market rally 'looks good'David Zervos, Jefferies chief market strategist, joins CNBC's 'Squawk on the Street' to discuss the major indexes on pace for a fifth-straight winning week, how he sees the Fed proceeding with rate cuts, and more.

Persons: Email Jefferies, David Zervos Organizations: Jefferies

☆ We thought Massachusetts was the perfect place to build a life. Boston let us down, but we found peace elsewhere in the state.
▼ + stars: | 2024-10-11 | by ( Jamie Evan Bichelman | ) www.businessinsider.com time to read: +5 min

My long-distance partner and I moved to Massachusetts thinking it was a great place to merge lives. We advanced our careers in Boston but found it to be too expensive and not a great fit for us. The city wasn't what we expected, and we struggled to get used to itBoston had beautiful foliage in the fall but it wasn't enough to make up for our issues with the city. Even our cats, confined to a too-small apartment with views of a similarly run-down building beside us, seemed to feel it: Boston wasn't for us. But by 2021, we knew we had to leave — the two years since our August 2019 move to Boston felt like a decade each.

Persons: —, Gilmore, I'd, we're Organizations: Service, Harvard, Boston, Massachusetts Locations: Massachusetts, Boston, Sudbury, Lake Tahoe, New York, DenisTangneyJr, Yorker, Las Vegas

☆ The Fed is on track to cut but the pace depends on labor market, says PGIM's Tom Porcelli
▼ + stars: | 2024-10-11 | 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 Fed is on track to cut but the pace depends on labor market, says PGIM's Tom PorcelliTom Porcelli, PGIM Fixed Income chief U.S. economist, joins CNBC's 'The Exchange' to discuss outlooks on economic data, the state of the consumer, and more.

Persons: Tom Porcelli Tom Porcelli

Search resuls for: "Pace"

25 mentions found