Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "doesn't"


25 mentions found


Read previewProspective homebuyers are painfully aware of just how bad the housing market is right now. Mortgage rates have doubled since 2022 following the Federal Reserve's initiative to raise rates and curb inflation. In an interview with Business Insider, she shared her predictions for the housing market and mortgage rates. Advertisement"That can help to alleviate some of the pain associated with getting a higher rate," Zhao said. The housing market isn't going to unlock overnight, but Zhao is optimistic that conditions will improve for homebuyers going forward.
Persons: , Chen Zhao, … Zhao, Zhao, It's, Zhao doesn't Organizations: Service, Federal, Business, Fed, Bank of America Locations: Florida
Donald Trump and Elon Musk called out the pain caused by high levels of inflation in recent years. Trump bemoaned that people can't afford groceries and savers have been "decimated" by rising prices. Musk blamed inflation on government overspending and pushed for deregulation to bring down costs. Go to newsletter preferences Thanks for signing up! AdvertisementDonald Trump and Elon Musk lamented the brutal impact of rising prices in their X Spaces conversation on Monday.
Persons: Donald Trump, Elon Musk, Trump, Organizations: Service, Elon, Business
The Murdoch family feud taking place in an obscure Nevada court highlights the state's surging popularity as a global center of family trusts and a friendly home to the world's biggest fortunes. The Western state's fast-growing industry of trust and estate attorneys, trust companies and facilitators keeps a deliberately low profile. Yet experts estimate the state likely has hundreds of billions of dollars in trust assets locked away in nondescript office buildings or trust companies, offering little to no visibility to the outside world. In the race among states to attract the hundreds of billions of dollar in new trust assets, Nevada has a comfortable lead. Perhaps its most powerful advantage, and the one with direct bearing on the Murdoch case, is trust flexibility.
Persons: Rupert Murdoch, Lachlan Murdoch, Drew Angerer, Robert Frank, Murdoch, Steven Oshins, Oshins, Thomas Piketty, Emmanuel Saez, Gabriel Zucman Organizations: News Corp, Fox News, Century Fox, Allen & Company Sun Valley Conference, Getty, IRS, Division Locations: Sun Valley , Idaho, Nevada, South Dakota, Tennessee , Delaware, U.S
Japan's low interest rates made its currency a cheap option to borrow and fund other trades in the US and worldwide. So there's $6 trillion sitting in money market funds that is being held hostage to politics, he added. Advertisement"We've had these episodes of market volatility in the past, and the only path was in and out of equities," Quinlan said. Remember, as interest rates come down, you lock in two-, five-, or 10-year yields. Those money market funds are going to come down as the interest rates come down."
Persons: , Joe Quinlan, Quinlan, it's, There's, You've, capex, Donald Trump, We've, Russell, We're Organizations: Service, Nasdaq, Dow, Merrill, Bank of America Private Bank, Business, Reserve, Big Tech, Labor Locations: China, Israel, Iran
Desmond Lachman, a former IMF deputy director, says there are "plenty of reasons to worry" about the US economy in the months ahead. Another risk is the prospect of a second Trump presidency, given his proposed policies around tariffs and taxes, Lachman said. Advertisement"There are a huge number of risks," Lachman said. "The Fed could cut interest rates midmeeting but that would be because the sky was falling. But if the sky is not falling, the Fed doesn't want to give the impression that the sky is falling," Lachman said.
Persons: Desmond Lachman, Lachman —, Lachman, Trump, , France Organizations: Service, Business, Lachman, American Enterprise Institute, AEI, Trump, EU Locations: China, Israel, Gaza, Lebanon, Palestine, Iran, France, Italy, Europe
The Pixel Watch 3, which comes in a familiar 41mm size and, for the first time, a larger 45mm size, is available to preorder now ahead of a September 10 release date. AdvertisementGoogle Pixel Watch 3: FeaturesGoogle updated the display for the Pixel Watch 3 to its super-bright Actua display, which can reach a brightness of up to 2000 nits and should make glancing at the Pixel Watch 3 for the time, widgets, and workout data effortless in bright sunny conditions. The new 45mm Pixel Watch 3 is the biggest Pixel Watch so far. Antonio Villas-Boas/Business InsiderApart from a new larger size (45mm) and Actua display, little has changed about Google's signature Pixel Watch design, or even its internals. The Pixel Watch 3 will roll out with Google's Wear OS 5 operating system, which introduces the new Auto Bedtime Mode.
Persons: Antonio Villas, It'll Organizations: Business, Google, Pixel, Boas, Galaxy Watch
While it waits to amass the ammunition, manpower, and resources to launch a large-scale, well-timed counteroffensive, Ukraine should experiment with ways to take the initiative and gain momentum, war analysts say. "Ukrainian forces," they argued, "are very unlikely to be able to initiate significant counteroffensive operations in 2024 and into 2025." Such a strategy isn't necessarily new for Ukraine, which has repeatedly found ways to deal unexpected blows to Russian forces despite a grueling ground fight. "It will also protract the war and dramatically increase its costs to Ukraine and to Ukraine's supporters," they said. "Ukraine should thus seek every possible way of restoring maneuver to this war as soon as possible, daunting though that task appears."
Persons: , AEI's Frederick Kagan, ISW's Kimberly Kagan, Volodymyr Zelenskyy, Oleksandr Syrskyi, Zelenskyy, Vladimir Putin Organizations: Service, Russia, Business, American Enterprise Institute and Institute, Washington DC, Russian Ministry of Defense, Getty, MIC, REUTERS Kyiv, Kremlin Locations: Ukraine, Russia, Kursk, Russian, Anadolu, Kharkiv, Moscow, Sudzha, IZ.RU
Medical school was fun but gruelingChoo (right) graduated from medical school in 2021. Faith ChooThe first two years of medical school felt like high school all over again. AdvertisementBack then, our seniors in medical school would warn us about life after graduation. They would tell us about the terrible working hours that came with being on call, like having to work for two days straight without rest. AdvertisementThe thought of leaving first crossed my mind after I clocked 19 consecutive days of work in the hospital.
Persons: , Faith Choo, they've, Choo, they're Organizations: Service, Business Locations: Singapore
Read previewProspective homebuyers are painfully aware of just how bad the housing market is right now. Mortgage rates have doubled since 2022 following the Federal Reserve's initiative to raise rates and curb inflation. In an interview with Business Insider, she shared her predictions for the housing market and mortgage rates. Advertisement"That can help to alleviate some of the pain associated with getting a higher rate," Zhao said. The housing market isn't going to unlock overnight, but Zhao is optimistic that conditions will improve for homebuyers going forward.
Persons: , Chen Zhao, … Zhao, Zhao, it'll, Zhao doesn't Organizations: Service, Federal, Business, Fed, Bank of America Locations: Florida
Even among rich heirs, passing on real estate without proper planning can lead to sibling strife. What if one sibling wants to renovate the Aspen chalet and the others don't want to split the cost? Instead of leaving these thorny questions up to the kids, parents can control how the property will be managed after they die. Related storiesWhen equal isn't equitableParents often assume that their adult children will share the property equally after they pass, according to Ludman. Perhaps two of three adult heirs are wealthier than the third, who doesn't want to share the burden of property tax and other costs.
Persons: haven't, Adam Ludman, Will, Ludman Organizations: Service, Hamptons, Aspen, JPMorgan Private Bank Locations: Ludman
Read previewRussia and China are planning to revive the age-old practice of barter trade to get around Western sanctions, Reuters reported on Thursday. Since barter trade doesn't require monetary payments, it would allow Russia and China to skirt such issues. Russia has used barter trade beforeIt would not be Russia's first time using barter trade. Problems with barter tradeEven so, barter trade isn't widely practiced in modern society. Russian authorities are working on other ways to skirt Western payment sanctions.
Persons: , Alexandra Prokopenko Organizations: Service, Reuters, Business, Russia, Kommersant, United Arab, RIA Novosti, Carnegie Russia Eurasia Center Locations: Russia, China, Russian, Ukraine, United Arab Emirates, Turkey, Austria, Afghanistan, Iran, Pakistan, India
And switching these major manufacturers to cleaner sources of energy, like wind and solar, would help significantly. Batteries are one option, but some scientists think an ancient technology, firebricks, is a cheaper and easier solution. Advertisement"It's a way to heat firebricks to a blazingly hot temperature," he said. Rondo said its system reduces CO2 emissions and lowers the cost of energy because it requires less electricity than hydrogen fuel. AdvertisementForsberg said one of the biggest benefits of the newer firebrick technology is that it updates processes many industries have in place.
Persons: They're, they've, Charles Forsberg, Forsberg, there's, Mark Jacobson, Jacobson, Joey Kabel, Dan Stack, It's, Rondo Organizations: Service, Business, Solutions, Boston Globe, MIT, Stanford University Locations: Kentucky, California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRepublican strategist says Trump and Musk interview likely didn't change the minds of many votersAmy Tarkanian, Republican strategist and former Nevada Republican state chairman, says she doesn't think former President Donald Trump's interview with Elon Musk changed the minds of voters who might be on the fence.
Persons: Trump, Amy Tarkanian, Donald Trump's, Elon Musk Organizations: Nevada Republican, Elon Locations: Nevada
In this article GOOG Follow your favorite stocks CREATE FREE ACCOUNTGoogle announced its first smartphone fully powered by its AI "Gemini" system. Google on Tuesday announced new artificial intelligence features that are coming to Android devices. Google doesn't make a lot of money from its hardware business but the latest Android features could help drive new revenue through the company's Gemini AI subscription program. Google previously had some AI features in Android, but this is the first year it's heavily emphasizing new capabilities powered by a large AI language model installed on devices. New Pixel 9 phones and Pixel Watch 3Zoom In Icon Arrows pointing outwards
Persons: Sameer Samat, Samat, Gemini, Siri Organizations: Google, Gemini, Apple, YouTube, Gmail, Apple Intelligence
The list of negatives surrounding stocks is growing, according to BCA Research. Chief strategist Irene Tunkel warned in a note Monday that she doesn't "anticipate new market highs within the next three months — there are too many negative crosscurrents for equities." Others on the Street, including BTIG's Jonathan Krinsky and Bank of America's Stephen Suttmeier , have warned investors to remain vigilant in the near term. Elsewhere on Wall Street this morning, Wells Fargo initiated Rollins with an overweight rating, citing increased demand for pest control products and services. "Rollins' organic growth rates accelerated from mid-single to high-single digits during the pandemic and have remained at this elevated rate since," Wells Fargo said.
Persons: Irene Tunkel, Tunkel, Jonathan Krinsky, Bank of America's Stephen Suttmeier, Wells Fargo, Rollins Organizations: BCA Research, BCA, Bank of America's Locations: Atlanta
watch nowBy most accounts, the rollout of the new Free Application for Federal Student Aid, better known as FAFSA, was disastrous from the start. Even now, some college students don't know the status of their aid awards for the fall. "The Department's poor planning has led to a stunning failure: Some college students might not have financial aid dollars in their hands in time to start classes in the next few weeks," said Beth Maglione, interim president and CEO of the National Association of Student Financial Aid Administrators. Families 'are falling back on borrowing for college'For many families, financial aid is crucial when it comes to covering college costs, which have now crept into the six figures. The share of parents taking out federal parent PLUS loans to help cover the costs of their children's college education has also grown, other studies show.
Persons: Beth Maglione, Education Miguel Cardona, Mark Kantrowitz, , Kantrowitz, Sallie Mae's, Jennifer Berg, Sallie Mae, " Berg Organizations: Federal Student Aid, National Association of Student Financial, U.S . Department of Education, Education Department, Department, Education, Finance, Harvard, College
Organizations are shifting to hybrid cloud and on-prem IT infrastructure for more control over data. Rather than depending solely on third-party cloud services, they're looking to operate their IT data networks on-site. Hewlett Packard EnterpriseA push for on-premThis trend is a response to concerns about the reliability, security, and cost-effectiveness of cloud services. Kindo provides a secure management platform for AI systems that lets organizations control which users have access to internal AI resources. The winners will be those that can bridge cloud and on-prem to provide the level of control organizations are demanding.
Persons: , prem doesn't, Tan, prem, There's, it's, Peter Wang, Anaconda, Wang, Dennis Duckworth, Duckworth, Chris Stegh, Stegh, They've, they've Organizations: prem, Service, Hewlett Packard Enterprise, Anaconda, Anaconda Anaconda, Amazon Web Services, eGroup Enabling Technologies Locations: Germany, Switzerland, Portland , Oregon, San Francisco
Jason Kelce says that his wife asks him to workout three days a week. Go to newsletter preferences Thanks for signing up! AdvertisementThere's a new house rule for retired NFL star Jason Kelce to follow — working out at least three days a week. Kelce said on Friday's episode of "Green Light with Chris Long" that his wife, Kylie Kelce, has "just implemented" the rule. Kelce, who married Kylie in 2018 and has three children with her, recognizes the benefits of exercise.
Persons: Jason Kelce, , Kelce, Chris Long, Kylie Kelce, Kylie Organizations: Service, NFL, Business
Of the billionaires on the 2023 Forbes 400 list — the 400 richest people in the United States — 70% are basically self-made. In 1982, only 40% of the Forbes 400 had started their own business; the majority were simply scions of inherited wealth. The Forbes 400, however, is the extreme right tail of the curve. But you're not sniffing the Forbes 400 list, where the bidding starts at about $3 billion. I don't think VCs are deliberately picking founders they think are unreliable, although sometimes it seems like it.
Persons: Raj Chetty, That's, Chamath Palihapitiya, Palihapitiya, Josh Wolfe, Wolfe, Elon Musk, Thiel, Jeff Bezos, we're, Sam Bankman, Andreessen Horowitz, A16z, Adam Neumann, Neumann, WeWork, Marc Andreessen, Ben Horowitz, Horowitz, they've, Benchmark's Gurley, Gurley, Nate Silver Organizations: Forbes, United States —, Social Capital, Burger, Lux, VCs, New York Times, Penguin Press, Penguin Publishing, Penguin Random Locations: United States, America, Sri Lanka, Canada, Coney, Israeli, Silicon, Canyon Point , Utah
Even though her two sons have moved out, she struggles to secure enough to pay her bills and save for the future. She fears that even when she receives about $2,000 a month in Social Security payments in six years, it will not be nearly enough. Related stories"My career path has finally gotten to be decent pay, but it's not great, and I'm still single," Davenport said. Between child support and an increase in work income, her income ended up slightly above the housing assistance cutoff when her kids were growing up. AdvertisementPreparing for the futureDavenport plans to wait until she's 67 to claim her Social Security benefits, which she anticipates will be about $2,000.
Persons: Becky Davenport, , Davenport, I'm, it's, she's, hasn't, doesn't, spender, we've, She's, wouldn't Organizations: Service, Business, Social, Alaska Permanent Fund, Security Locations: Alaska, Chugiak, Anchorage, East Coast, New Jersey , Pennsylvania, Kentucky
That gave birth to the Oakland Ballers, or the B's — the Pioneer League team that debuted earlier this year, co-founded by Freedman and Carmel. Courtesy: Oakland BallersThe Pioneer League, an MLB partner league whose teams aren't affiliated with the pro teams like those in minor league baseball, instantly appealed to Freedman's tech sensibilities because it's a testing ground for baseball evolution. Potential investors will be able to buy their shares on a first-come, first-serve basis "just like you're buying sneakers from the Oakland B's," said Stidd. Oakland Ballers stadium. Courtesy: Oakland Ballers
Persons: Paul Freedman, Oakland Ballers Paul Freedman, Freedman, Bryan Carmel, Charlie Finley, Kelsie Whitmore, Carmel, DealMaker, Jon Stidd, Stidd, It's, Lonnie Murray, Dave Stewart Organizations: Oakland, MLB's A's, Las Vegas, Oakland Coliseum's, CNBC, Golden State Warriors, Oracle, NFL's Raiders, MLB's Oakland, Pioneer League, Freedman, Oakland Ballers, MLB, League, Securities and Exchange, Green Bay Packers, Local, BART, AAA Insurance, Raimondi, Boilermakers, Little League, San Francisco Chronicle Locations: Oakland , California, Las, Palo Alto, Oakland, Chicago, Las Vegas, Sacramento, Carmel, Oakland —, West Oakland, workshopping
Read previewThis as-told-to essay is based on a conversation with Andro Lindsay, a 48-year-old who moved from Santiago, Chile, to Helsinki. My relationship with Finland started over 20 years ago — I've been a part of several businesses with links to Finland, and some of my best friends are Finns. I've expanded my work to include sustainable mining, green hydrogen, and more. AdvertisementMy daughters fell in love with Finland as soon as we arrivedLindsay and his daughters. We all fell in love with Finnish culture, and we couldn't be happier here.
Persons: , Andro Lindsay, It's, I've, Finn, Janne, Lindsay, Andro Lindsay I'm, I'm Organizations: Service, Business, Technical Research, of Finland, Helsinki Partners Locations: Santiago, Chile, Helsinki, Finland, Finnish, Santiago ., Seurasaari, Hietaranta
Lacrosse, cricket, baseball and softball — by way of Oklahoma City — are set to make their Olympic returns to L.A. 2028. Breaking, the New York-rooted, 1980s dance form, appeared to be well-received here in Paris but wasn't invited to the L.A. party. The fledgling World Boxing hopes to be that new international body that can gain enough support from national boxing federations to fill the IBA void. Spain's Enmanuel Reyes Pla is punched by Belgium's Victor Schelstraete in the men's 92kg quarter-final boxing match during the Paris 2024 Olympic Games. The mayor pointed out that predictions of traffic armageddon in 1984, when the Olympics were last in L.A., never materialized.
Persons: Luke Hales, wasn't, Ami, Elsa, Eric Quinlan, Alison Palaia, , ” Palaia, “ We’ve, , Palaia, Roland, Spain's Enmanuel Reyes Pla, Belgium's Victor Schelstraete, Mohd Rasfan, Paris, Boris Van Der Vorst, Karen Bass, Bass, “ Angelinos, ” Bass, Vivianne Robinson, Sebastian Kahnert, I'm Organizations: PARIS, Lacrosse, Flag, Team Japan, India, Team Netherlands, Olympics, Boxing Association, Boxing, Garros, Getty, NFL, Associated Press, Santa Monica Locations: Los Angeles, Oklahoma, L.A, New York, Paris, U.S, New York City, Brisbane, Russian, AFP, Inglewood, COVID, Southern California
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewViking Global — the $48 billion Tiger Cub launched in 1999 — has had to replace talented people many times throughout its 25 years of existence. AdvertisementA person close to the manager told Business Insider that the manager decided to be "proactive instead of reactive" in hiring analysts for its investing teams. Viking traditionally had hired analysts after they'd spent two years in banking and another two in private equity. The person close to the firm said that underneath Walsh, portfolio manager Previn Mankodi has been promoted to deputy CIO, and Scott Zinober and Hani Sabbagh have each been bumped up to senior portfolio manager.
Persons: , Brian Olson, David Ott, Andreas Halvorsen, Dan Sundheim, Ben Jacobs, Ning Jin, he's, they'd, Matt Sharp, Justin Walsh, Walsh, Previn Mankodi, Scott Zinober, Hani Sabbagh Organizations: Service, Tiger Cub, Business, Viking, Suvretta Locations: Suvretta Capital, Viking, China, India, France, Korea
Florida had the biggest net gain of high-earning households, according to a recent SmartAsset study . Using $200,000 of adjusted gross income as a threshold, the study examined the number of high-income households moving into and out of each state to determine the net inflow. More high-income households have left California and New York than moved in, but some states saw the opposite. "I would say that's a little unique, that these smaller-population states are really pulling their weight in attracting or pulling above their weight in attracting high-earning households," DeJohn says. Here are the states that saw the biggest net inflow of high-earning households:
Persons: SmartAsset, Jaclyn DeJohn, SmartAsset's, DeJohn, David Tinsley, Charlie Dougherty, Dougherty, There's Organizations: New Hampshire —, Bank of America Institute, Wells, Wells Fargo Economics Group Locations: North, South Carolina, Arizona . Florida, California, New York, Florida , Texas , Tennessee , Nevada, New Hampshire, Southern, Wells Fargo, Texas, Florida, Area, Los Angeles, Portland, Seattle, Austin, , Texas, United States, Tinsley
Total: 25