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☆ A Silicon Valley billionaire is leasing a 2-acre plot of private land for $1 a year to help address the Bay Area's housing crisis
▼ + stars: | 2023-10-19 | by ( Erin Snodgrass | Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

The San Jose City Council voted to approve a new quick-build housing development for the unhoused. Silicon Valley billionaire John Sobrato will lease 2 acres of private land to the city at $1 a year. AdvertisementAdvertisementA Bay Area billionaire is offering his private land to the city of San Jose, California, for a $1 annual lease in an effort to tackle the area's homelessness. A 2023 Point-in-Time homeless census released earlier this year found at least 6,340 people were homeless in San Jose, local media reported. San Jose City Council representatives did not return Insider's request for comment.

Persons: John Sobrato, —, Sobrato, Matt Mahan, @MattMahanSJ, Mahan Organizations: San Jose City, Service, Area, San Jose City Council, Via, San Jose, NBC, VTA, Via Del, Council for Community, Economic Research, Sobrato Organization, Forbes Locations: San, Silicon Valley, San Jose , California, Via Del Oro, NBC Bay, South San Jose, Via, Edenvale, San Jose, California, Valley, Del Oro, Unhoused

☆ Taco Bell, Chipotle, and other chains pay managers as much as $180,000. Here's what it takes to land a high-earning fast-food job.
▼ + stars: | 2023-09-30 | by ( Nancy Luna | ) www.businessinsider.com time to read: +11 min

Since the pandemic, fast-food workers have fled the sector, leaving restaurant chains struggling to find help. But how have fast-food general managers, whose duties range from dealing with fussy customers to inventory management, fared over the years? "While Taco Bell Corporate cannot mandate salaries and wages of franchisees, we offer competitive pay rates and encourage franchisees to do the same," Taco Bell said. The chain said 54% of Taco Bell general managers started as restaurant-level workers. Taco Bell President and Chief Operating Officer Mike Grams began his career as an assistant general manager in Detroit, Michigan.

Persons: —, That's, Taco Bell, Burger, Lynsi Snyder, Nancy Luna, Snyder, Harry, Esther Snyder, Matt Marton, Taco, Mike Grams, Chipotle, Scott Boatwright, Edison Graff, Danny Meyer, Angela Campbell, Campbell, Nordstrom, Jersey Mike's, Sweetgreen, John Wooden Organizations: Service, Bureau of Labor Statistics, Taco Bell, Bell, Taco Bell President, LinkedIn, Shake, GMs, The, Shack, Jersey Mike's, Restaurant Business, UCLA Locations: McDonald's, Irvine , California, Taco, Detroit , Michigan, Chipotle, Newport Beach , California, Canada, France, Germany, Las Vegas , Nevada, Las Vegas, Campbell, The New York, Jersey, Charlotte , North Carolina, Charlotte, Seattle, Arlington , Virginia

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. Seven megacap stocks -- Apple (AAPL.O), Microsoft (MSFT.O), Alphabet (GOOGL.O), Amazon (AMZN.O), Nvidia (NVDA.O), Tesla (TSLA.O) and Meta Platforms (META.O) -- have led broader markets higher this year. Their rising stock prices ballooned valuations, however, and some investors say the megacaps could be vulnerable if climbing bond yields keep pressuring stocks. "When the big tech stocks start going down ... the indexes go down," said Matt Maley, chief market strategist at Miller Tabak. Still, strategists point out that the rise in implied volatility for tech stocks is no more than for the broader market.

Persons: Carlo Allegri, megacaps, LSEG, Matt Maley, Miller, ”, Matt Stucky, Chris Murphy, Rick Meckler, J, Bryant Evans, ” Evans, Lewis Krauskopf, Saqib Iqbal Ahmed, Ira Iosebashvili, David Gregorio Our Organizations: New York Stock, REUTERS, Microsoft, Nvidia, Apple, Federal Reserve, Northwestern Mutual Wealth Management, Nasdaq, Susquehanna Financial Group, Amazon, Cherry Lane Investments, Cozad Asset Management, Thomson Locations: Manhattan, New York City , New York, U.S, New Jersey

Details of how the Taliban intend to expand and manage mass surveillance, including obtaining the U.S. plan, have not been previously reported. "At the present we are working on a Kabul security map, which is (being completed) by security experts and (is taking) lots of time," he said. The Taliban strongly denies that an upgraded surveillance system would breach the rights of Afghans. A July U.N. monitoring report said there were up to 6,000 Islamic State fighters and their family members in Afghanistan. The Afghan "home base" locations of Islamic State fighters are in the eastern mountainous areas, said Schroden.

Persons: Ali Khara, Abdul Mateen Qani, Washington, didn't, Qani, Amrullah Saleh, Saleh, Jonathan Schroden, Matt Mahmoudi, ETIM, ETIM couldn't, Afghanistan Thomas West, Mohammad Yunus Yawar, Charlotte, Jonathan Landay, David Kirton, Liz Lee, Katerina Ang Organizations: REUTERS, Rights, Islamic, Huawei, U.S, of Interior, Reuters, U.S.A, U.S State Department, RIC, Bloomberg News, Foreign Ministry, NATO, Center for Naval, Protect Journalists, Taliban, Amnesty International, East Turkestan Islamic, Security, Special, State, Ece Toksabay, Thomson Locations: China, Kabul, Afghanistan, Rights KABUL, Islamic State, —, Turkey, Turkish, Pakistan, United States, East Turkestan, Xinjiang, State, Russian, Charlotte Greenfield, Islamabad, Washington, Shenzhen, Beijing, Ankara

☆ Nico Hoerner, Cubs double up Rockies
▼ + stars: | 2023-09-23 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/36] Sep 23, 2023; Chicago, Illinois, USA; Chicago Cubs starting pitcher Marcus Stroman (0) pitches against the Colorado Rockies during the first inning at Wrigley Field. Mandatory Credit: Matt Marton-USA TODAY Sports Acquire Licensing RightsSeptember 23 - Nico Hoerner had two hits, two walks and two RBIs to help the Chicago Cubs to a 6-3 win against the visiting Colorado Rockies in the second game of their three-game series on Saturday afternoon. After Happ delivered an RBI double in the first, Stroman surrendered three runs in the Colorado second to put Chicago behind 3-1. Stroman got the second out of the inning, but Doyle dropped an RBI double into left-center field to make it 3-1. Jake Bird started the sixth for the Rockies and gave up an RBI double to Yan Gomes to tie the score 3-3.

Persons: Marcus Stroman, Matt Marton, Nico Hoerner, Christopher Morel, Miles Mastrobuoni, Stroman, Javier Assad, Assad, Chris Flexen, Ezequiel Tovar, Brenton Doyle, Nick Mears, Mike Tauchman, Ian Happ, Justin Lawrence, Cody Bellinger, Julian Merryweather, Morel's, Happ, Elias Diaz, Doyle, Jake Bird, Yan Gomes Organizations: Chicago Cubs, Colorado Rockies, Wrigley, Cubs, Chicago, Miami Marlins, National League, Rockies, Colorado, Thomson Locations: Chicago , Illinois, USA, Chicago, Colorado

Finger’s only child was a son, Fred Finger, who was gay and died in 1992 at age 43 of AIDS complications. But Nobleman discovered Fred Finger had a daughter, Athena Finger. But she said it led to questions from students, meaning Nobleman and students might discuss sexuality without parents being warned. The mere mention of the word “gay” didn't merit claims made online by critics that Nobleman was “ grooming or sexualizing children," he said, and it ignored that some Sharon Elementary students have gay parents. “I couldn't imagine coming from a family with gay members and reading that apology just for saying the word ‘gay.’”

Persons: — Marc Tyler, Batman, Rather, “, ”, haven’t, Cathryn Oakley, Oakley, ‘ Romeo, Juliet, ’, “ Bill, Bill Finger, Finger, Bob Kane, Finger’s, Fred Finger, Athena, “ It's, Kane, Sharon, Jennifer Caracciolo, Caracciolo, ” Caracciolo, blindsided, Fred Finger's, Sharon Elementary, Brian Nelson, Nobleman's, Forsyth, Cindy Martin, Martin, Mr, ” Matt Maguire, ” Maguire Organizations: ATLANTA, Movement Advancement, Human Rights, Washington , D.C, DC Comics, DC, Mama Bears, U.S . Department of Education, Sharon Locations: Atlanta's Forsyth, ”, Georgia, New Jersey, Indiana, Forsyth, Washington ,, Forsyth County, ” Forsyth County

☆ Royals-White Sox rained out; doubleheader set for Tuesday
▼ + stars: | 2023-09-11 | by ( Field Level Media | ) www.reuters.com time to read: +1 min

[1/9] Sep 11, 2023; Chicago, Illinois, USA; Members of the Kansas City Royals workout in the rain before their game against the Chicago White Sox at Guaranteed Rate Field. The game was postponed due to rain until Tuesday. Mandatory Credit: Matt Marton-USA TODAY Sports Acquire Licensing RightsSeptember 11 - Monday night's series opener between the Kansas City Royals and host Chicago White Sox was rained out and postponed to Tuesday. Instead, the Royals and White Sox will play a straight doubleheader beginning at 3:40 p.m. CT.Monday's game was scheduled to pit Royals right-hander Brady Singer (8-10, 5.34 ERA) against White Sox right-hander Dylan Cease (6-7, 4.98). Singer will oppose Cease in Game 1 of Tuesday's twin bill, then Royals right-hander Jordan Lyles (4-16, 6.24) will oppose White Sox right-hander Touki Toussaint (3-7, 4.71) in Game 2.

Persons: Matt Marton, Brady Singer, Dylan, Singer, Jordan Lyles, Touki Toussaint Organizations: Kansas City Royals, Chicago White Sox, Royals, White Sox, American League Central, Thomson Locations: Chicago , Illinois, USA

Stanton smashed his 400th home run, Gerrit Cole burnished his Cy Young Award credentials and the New York Yankees beat the Detroit Tigers 5-1 on Tuesday night. Just celebrated that moment with him, and coming in a big spot — tie game late," Yankees manager Aaron Boone said. Miguel Cabrera had an RBI single off Cole in the opener of his final series at Yankee Stadium. Detroit has dropped seven straight at Yankee Stadium since April 30, 2021. NEW KID ON PLANET EARTHPrized rookie Jasson Domínguez went 1 for 4 with an eighth-inning double for New York in his Yankee Stadium debut.

Persons: — Giancarlo Stanton's, Stanton, Gerrit Cole burnished, Cy Young, DJ LeMahieu, Gleyber Torres, “ I’m, Cole, José Cisnero, Mark McGwire, Babe Ruth, Alex Rodriguez, Albert Pujols, Aaron Boone, Stanton —, —, ” Stanton, “, Miguel Cabrera, Cabrera, Jake Rogers, ” Javier Báez, Tommy Kahnle, Jonathan Loáisiga, Clay Holmes, Joey Wentz, Aaron Judge, Torres, ” Rogers, “ We're, Jasson Domínguez, “ It’s, ” Domínguez, he's, Steven Spielberg, Boone, Mariano Rivera, ” Cabrera, Anthony Rizzo, Matt Manning, Clarke Schmidt, ___ Organizations: New York Yankees, Detroit Tigers, Yankees, Yankee, Miami, American League, Detroit, Tigers, EARTH, York, 161st Street Yankee, NEXT Tigers Locations: Detroit, Bronx

☆ Maley: Given where interest rates are, it'll be tough for stocks to push much higher
▼ + stars: | 2023-08-31 | 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 EmailMaley: Given where interest rates are, it'll be tough for stocks to push much higherMatt Maley, Chief Market Strategist at Miller Tabak, discusses the final trading day of August and what's ahead for stocks.

Persons: Matt Maley, Miller Tabak

☆ Blackstone's data center gamble
▼ + stars: | 2023-08-28 | by ( Daniel Geiger | Rebecca Ungarino | ) www.businessinsider.com time to read: +12 min

The firm has recently touted its data center investments amid the artificial intelligence boom. Blackstone's push into data centers comes with its own set of challenges and questions. "You might not own apartment buildings in 10 years, but the largest data center company in the world." Meghji said in the company's video that interest from data center users in QTS data centers had doubled "since ChatGPT came out." Gerber said he had recently discussed data center investments with Blackstone representatives and has confidence in the strategy.

Persons: Blackstone, —, Glenn Schorr, Schorr, outflows, Stephen Tuckwood, Tuckwood, Jonathan Gray, Gray, Jeenah, Chad Williams, BREIT, they're, Patrick Davitt, QTS, Nadeem Meghji, Meghji, ChatGPT, Matthew Barakat, Prince William County, redemptions, Selwyn Gerber, Gerber, Matt Malone Organizations: Blackstone, Income Trust, QTS Realty Trust, Evercore, Wealth Management, Reuters, Autonomous Research, Blackstone Infrastructure Partners, McKinsey, AP, Starwood, MSCI's, Los, RVW, Opto Investments, FS Investments Locations: California, BREIT, QTS, Americas, CBRE, Manassas , Virginia, Prince William, Virginia, Brookfield, Los Angeles, Bellagio, Las Vegas

The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. The government had requested a trial date in December, while Mr. Trump’s lawyers asked for an indefinite postponement. Once he was sworn in as president, Mr. Trump reimbursed Mr. Cohen. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. Ms. Maddock, who has close ties to Mr. Trump and is married to Matt Maddock, a state representative, accused Ms. Nessel of “a personal vendetta.”“This is part of a national coordinated” effort to stop Mr. Trump, she added.

Persons: Donald J, Trump, Trump’s, Jack Smith, Fani, Willis, Mr, Alvin L, Bragg, Rudolph W, Giuliani, Mark Meadows, —, “, ” Mr, Brad Raffensperger, Joseph R, Biden, Emily Kohrs, “ You’re, ”, Ms, Smith’s, Smith, Prosecutors, Mike Pence, Walt Nauta, Carlos De Oliveira, De Oliveira, Nauta, ’, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Bragg’s, Juan M, Merchan, “ Trump, Merchan’s, Cyrus R, Vance Jr, Daniels’s, Hope Hicks, Kellyanne Conway, Allen H, Weisselberg, Mimi E, Rocah, Letitia James, James, Donald Jr, Eric, Ivanka Trump, Michigan’s “, Dana Nessel, Meshawn Maddock, Maddock, Matt Maddock, Nessel, Wright Blake, Mayra Rodriguez, Kris Mayes, Richie Taylor, Maggie Haberman, Glenn Thrush, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Mr, Democrat, New, New York City, White House, Department, Georgia Republican Party, Trump, The New York Times, Capitol, Federal, Court, Congress, Justice Department, Mar, Manhattan, National Enquirer, Trump Tower, U.S, National, Trump Organization, Trump National Golf Club Westchester, New York, Civil, Michigan, Michigan Republican Party Locations: Manhattan, Georgia, Fulton County, Lago, New York, United States, Washington, Palm Beach, Fla, Mar, Lower Manhattan, Westchester County, Michigan, Arizona, Bromwich

☆ MLB roundup: M's down White Sox for 8th straight win
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +8 min

Yoan Moncada and Vaughn each had two hits as the White Sox lost for the eighth time in 10 games. Brian Anderson's two-run single capped the uprising. Willy Adames hit a two-run homer for the Brewers, who got two innings of scoreless relief from Bryse Wilson (5-0). The Red Sox started 0-for-9 with runners in scoring position before Justin Turner stroked a two-run single in the ninth off Astros reliever Rafael Montero. Will Smith hit a two-run homer for Los Angeles, which lost for just the third time in 20 games this month.

Persons: Josh Rojas, Matt Marton, Mike Ford, Teoscar Hernandez, Justin Topa, Andres Munoz, Andrew Vaughn's, J.P, Crawford, Rojas, Yoan Moncada, Vaughn, CJ Abrams, Abrams, Tommy Kahnle, Carter Kieboom, Mason Thompson, Kyle Finnegan, Ben Rortvedt, Bailey Ober, Dylan Floro, Brian Anderson's, Willy Adames, Bryse Wilson, Christian Vazquez, Kyle Farmer, Eddie Rosario, Bryce Elder, Rosario, Marcell Ozuna, Atlanta's, Elder, Tylor, Justin Verlander, Kyle Tucker, Jon Singleton's, Justin Turner, Rafael Montero, Boston's Adam Duvall, Brandon Belt, Bo Bichette, Mike Baumann, Vladimir Guerrero Jr, Varsho, Adley Rutschman, Jordan Westburg, Ryan Mountcastle, Cleveland, Bobby Miller, Caleb Ferguson, Will Brennan, Andres Gimenez, Myles Straw, Oscar Gonzalez, Cleveland's Sam Hentges, Trevor Stephan, Emmanuel Clase, Noah Syndergaard, Will Smith, Andy Ibanez, Kerry Carpenter, Parker Meadows, Tyler Holton, Alex Lange, Dansby Swanson, Jeimer Candelario, Reese Olson, Drew Smyly, Trea Turner, Taijuan Walker, Turner, Craig Kimbrel, Kyle Harrison, Camilo Doval, Yandy Diaz, Osleivis Basabe slugged, Diaz, Randy Arozarena, Andrew Kittredge, Michael Toglia slugged, Elias Diaz, Brent Suter, Andrew McCutchen, Bryan Reynolds, Louis, Connor Joe, Johan Oviedo, David Bednar, Richie Palacios, Willson Conteras, Alec Burleson, Adam Wainwright Organizations: Seattle Mariners, Chicago White Sox, Seattle, Chicago, Mariners, Ford, White Sox, Nationals, Yankees, Washington, Brewers, Twins, Milwaukee bunched, Milwaukee, Braves, Mets, Atlanta, New, Astros, Red Sox, Houston, Boston, Jays, Orioles, Toronto, Baltimore, Dodgers, Los Angeles, Los, Tigers, Cubs, Detroit, Phillies, Giants, Philadelphia, Francisco, Rays, Rockies, League, Colorado, Pirates, Cardinals, Pittsburgh, Thomson Locations: Chicago , Illinois, USA, Seattle, New York, Minnesota, York, Baltimore, Cleveland, Los, Los Angeles, Parker, San Francisco, Philadelphia, Tampa, St . Petersburg, Fla, St

Strong economic growth has spurred expectations that the Federal Reserve will leave rates higher for longer, pushing Treasury yields this month to their highest levels since 2007. The S&P 500 has lost 4% this month as the U.S. benchmark 10-year Treasury yield climbed to a more than 15-year high of 4.366% on Tuesday. Meanwhile, the S&P 500 technology sector (.SPLRCT) has dropped 5.7%, bitcoin has fallen over 10% and the ARK Innovation ETF (ARKK.P) - a bastion of many high-growth names - has dropped 18.5%. Stocks rose on Monday, with the S&P 500 closing up 0.7% and futures pointed to a further rise on Tuesday. The S&P 500 is over 8% below its January 2022 closing high.

Persons: Andrew Kelly, bitcoin, Sameer Samana, ”, Jerome Powell, Matt Maley, Miller, Goldman Sachs, Randy Frederick, Frederick, David Randall, Lewis Krauskopf, Ira Iosebashvili, Bill Berkrot Organizations: New York Stock Exchange, REUTERS, Treasury, Federal Reserve, Innovation, U.S ., Wells, Wells Fargo Investment Institute, Lipper, Investor, Deutsche Bank, Schwab Center, Financial Research, Thomson Locations: New York City, U.S, Wells Fargo, Samana, Jackson Hole , Wyoming

☆ MLB roundup: Cal Raleigh, Mariners manhandle White Sox
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +6 min

[1/5] Aug 21, 2023; Chicago, Illinois, USA; Seattle Mariners catcher Cal Raleigh (29) hits a three run home run against the Chicago White Sox during the eighth inning at Guaranteed Rate Field. White Sox starter Touki Toussaint (1-6) gave up seven runs on seven hits and four walks with three strikeouts in four-plus innings. Philadelphia starter Aaron Nola (11-8) tossed seven innings and allowed seven hits and two runs. Cristian Javier (9-2) worked five innings, allowing three runs on seven hits. James Paxton (7-4) gave up seven runs, six earned, on nine hits in four innings.

Persons: Cal, Matt Marton, Cal Raleigh, Luis Castillo, Teoscar Hernandez, Dominic Canzone, Eloy Jimenez, Castillo, Touki Toussaint, Elvis Andrus, Andrew Benintendi, Tommy Pham's, Will Smith, Geraldo Perdomo, Pham, Adolis Garcia, Ketel Marte, Edmundo Sosa, Alec Bohm, San Francisco, Kyle Schwarber, Bryce Harper, Aaron Nola, Joc Pederson, LaMonte Wade Jr, Sean Manaea, Francisco Lindor, DJ Stewart, Rafael Ortega, Phil Bickford, Marcell Ozuna, Allan Winans, Nick Madrigal, Seiya Suzuki, Ian Happ, Daniel Palencia, Mark Leiter Jr, Spencer Torkelson, Matt Vierling's, Parker Meadows, Chas McCormick's, Alex Bregman, Yanier Diaz, Cristian Javier, Adam Duvall, James Paxton, Josh Palacios, Louis, Liover Peguero, Connor Joe, Alika Williams, Endy Rodriguez, Thomas Hatch, Bailey, Drew Rom, Andrew Knizner, Seong Kim, Kim, Ryan Weathers, Manny Machado, Michael Wacha, Josh Bell, Jake Burger, Weathers, Brent Rooker, Dylan, Coleman, Ryan Noda, Trevor May, Jordan Diaz, Zack Gelof, Shea Langeliers, Bobby Witt Jr Organizations: Seattle Mariners, Cal Raleigh, Chicago White Sox, Cal, Seattle, Mariners, White Sox, Chicago, Diamondbacks, Rangers, Texas, Phoenix . Arizona, Phillies, Giants, Philadelphia, San, Mets, Braves, New York, Atlanta, Cubs, Tigers, Detroit, Astros, Red Sox, Houston, Boston, Pirates, Cardinals, Pittsburgh, Padres, Marlins, Diego, Miami, Athletics, Royals, Oakland, Kansas City, Thomson Locations: Chicago , Illinois, USA, Arizona, Phoenix ., Texas, Chicago, Parker, St, Oakland

About a half-hour before a mid-August Brooklyn Cyclones game, a family of three, a reporter and a middle-aged man dressed in a Jedi robe walked into an elevator at Maimonides Park. As the door closed and they began their ascent, the Jedi turned to the others and asked, “So, what planet are you all from?”“Um, Brooklyn,” responded the matriarch of the family. The Jedi proceeded to hum “Mad About Me,” by the Mos Eisley Cantina house band, Figrin D’an and the Modal Nodes, as if to tell them he was from the planet Tatooine. Out beyond the right-field wall, in the area known as the Backyard, a few hundred others were pounding brews and playing cornhole, blissfully unaware that a baseball game — the event that their ticket said they had paid to see — was about to begin. The two main draws on this particular Saturday were Star Wars Night and the $50 all-you-can-drink deal.

Persons: ”, Mos Eisley, Figrin D’an, cornhole Organizations: Brooklyn Cyclones Locations: Um, Brooklyn

But the move has other effects, including obscuring exactly how many — or how few — online donations Mr. DeSantis has received. News emerged on Tuesday that Mr. DeSantis had replaced his campaign manager as part of a broad shake-up. “To me, the single most important aspect of the transparent philosophical debate is: Is somebody buying influence?” Mr. Mackowiak said. “You’re not going to buy anyone with a $200 or less donation.”Until recent years, he noted, small donations were never broken out in federal campaign finance disclosures. In a sense — and to the all but certain dismay of those who push for transparency — the move by the DeSantis campaign suggests a return to a previous era when those contributions remained anonymous.

Persons: DeSantis, Matt Mackowiak, ”, Mackowiak, “ You’re Locations: Texas

☆ Maley: Rates at these levels don't justify current stock valuations
▼ + stars: | 2023-08-04 | 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 EmailMaley: Rates at these levels don't justify current stock valuationsMatt Maley, Chief Market Strategist at Miller Tabak + Co, discusses the outlook for the stock and bond markets.

Persons: Matt Maley, Miller

☆ The Rays Plan to Keep Calm and Carry On
▼ + stars: | 2023-08-02 | by ( Matt Martell | ) www.nytimes.com time to read: +1 min

The Tampa Bay Rays were the best team in Major League Baseball over the first three months of the season. With 16 losses in 24 games, it was their worst month since 2007, the year before they dropped the “Devil” from their moniker. During this monthlong about-face, they went from leading the American League East by 6.5 games to trailing the upstart Baltimore Orioles by a game and a half. The Rays understood they were never going to keep up the fast pace they carried through April, just as they recognized they would not continue to play as poorly as they did in July. The Rays had just withstood the nadir of their season, and they still had the third best record in the majors and held a four-game lead over the Houston Astros for the top spot in the A.L.

Organizations: Tampa Bay Rays, Major League Baseball, American League East, Baltimore Orioles, Yankee, Tampa Bay, Yankees, Rays, Houston Astros Locations: Tampa

☆ MLB roundup: Astros' Framber Valdez no-hits Guardians
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +12 min

Elias Diaz had three doubles and Jurickson Profar also had three hits for the Rockies, who have lost five of their past seven games. Eugenio Suarez homered and drove in three runs for the Mariners, who lost for just the second time in their past seven games. Pirates 4, Tigers 1Liover Peguero hit a two-run homer and Johan Oviedo pitched seven strong innings as Pittsburgh topped visiting Detroit. He set the record with 130 innings pitched last year and broke it on Tuesday at 123 1/3 innings. Orioles 13, Blue Jays 3Anthony Santander was 3-for-4 with a grand slam and right-hander Kyle Bradish pitched seven innings to lead visiting Baltimore past Toronto.

Persons: Framber Valdez, Troy, Oscar Gonzalez, Valdez, Kyle Tucker, Gavin Williams, Dansby Swanson, Cody Bellinger, Mike Tauchman, Nico Hoerner, Patrick Wisdom, Miguel Amaya, Justin Steele, Tyler Stephenson, Matt McLain, Cincinnati's Ben Lively, Juan Soto, Fernando Tatis Jr, Jake Cronenworth, Robert Suarez, Ryan McMahon, Elias Diaz, Jurickson Profar, Peter Lambert, Alex Verdugo, Reese McGuire, Brayan Bello, Bello, Kenley Jansen, Eugenio Suarez, Bryce Miller, Lance Lynn, Enrique Hernandez, Clayton Kershaw, Mookie Betts, Chris Taylor, Ken Waldichuk, James Outman, Tayler Scott, Waldichuk, Hernandez, Peguero, Johan Oviedo, Endy Rodriguez, Josh Palacios, Akil Baddoo, Matt Manning, Zach Eflin, Randy Arozarena, Yandy Diaz, Carlos Rodon, Michael Harris, Spencer Strider's, Patrick Sandoval, Ozzie Albies, Matt Olson's, Donovan Solano, Louis, Pablo Lopez, Jhoan Duran, Tyler O'Neill's, Miles Mikolas, Bryce Harper, Nick Castellanos, Sandy Alcantara, David Robertson, Philadelphia's Seranthony Dominguez, Gregory Soto, Luis Arraez, MJ Melendez, Francisco Alvarez, Carlos Hernandez, Bobby Witt Jr, Brooks Raley, Maikel Garcia, Witt, Josh Walker, Melendez, Pete Alonso, Garcia, Brice Turang, Joey Wiemer, Andruw Monasterio, William Contreras, Freddy Peralta, Josiah Gray, CJ Abrams, Jake Alu, Anthony Santander, Kyle Bradish, Gunnar Henderson, Hyun Jin Ryu, Tommy John, Danny Jansen, Mitch Garver, Adolis Garcia, Andrew Heaney, Heaney, Josh Sborz, Aroldis Chapman, Will Smith, Jesse Scholtens, LaMonte Wade Jr, Brandon Crawford, Lourdes Gurriel Jr, Alek Thomas, Ketel Marte, Miguel Castro, Wade, Ryan Walker Organizations: Houston Astros, Cleveland Guardians, Cubs, Reds, National League Central, Wrigley Field, Padres, Rockies, Colorado, Red Sox, Mariners, Boston, Dodgers, Athletics, Los Angeles, Oakland, Chicago White Sox, Toronto Blue Jays, Cincinnati Reds, Tigers, Pittsburgh, Detroit, Pirates, Oviedo, Yankees, Tampa Bay, Rays, Braves, Angels, Atlanta, Cardinals, Minnesota, Phillies, Marlins, Philadelphia, Miami, New York Mets, Royals, Mets, Kansas City, New York, Brewers, Nationals, Milwaukee, Washington, Orioles, Blue Jays, Baltimore, Toronto, Brandon, Rangers, White Sox, Texas, Chicago, Giants, Diamondbacks, San, National League West, Thomson Locations: Houston , Texas, USA, Troy Taormina, Cincinnati, Chicago, Diego, Denver, Seattle, Angeles, Los Angeles, Tampa, New York, Atlanta, Los, New, Toronto, Arlington , Texas, San Francisco, Arizona

☆ These factors will be big market drivers in the final five months of the year
▼ + stars: | 2023-07-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Consider: The S & P 500 hasn't seen a 1% down day in two months . The S & P 500 is going to close higher for five consecutive months. The S & P 500 advance/decline line, which measures the daily activity of how many stocks are advancing versus declining, has been rising steadily for the past two months. The triumph (so far) of the soft landing has enabled earnings estimates to stabilize. The soft landing data must continue .

Persons: It's, What's, Frank Gretz, Wellington Shields, Gretz, Alec Young, Young, Jerome Powell's, Timmer, Matt Maley, Miller Tabak Organizations: PCE, Bulls, Tactical Alpha, Fed, Fidelity Investments Locations: Wellington

☆ A Relationship That Transcends Analytics
▼ + stars: | 2023-07-30 | by ( Matt Martell | ) www.nytimes.com time to read: +1 min

The weeks leading up to Major League Baseball’s trading deadline are always tense. Every team has to evaluate where they are in the standings, what the organization’s long-term outlook is and how much could be changed by acquiring a few veterans. Along the way, players are left to ponder what moves their teams will make and whether they will soon be on the move. Not knowing which city they will be living in the following week can be overwhelming, even for professional ballplayers. Those challenges are universal, but they are heightened whenever a catcher is involved.

Organizations: Major League Baseball’s, Mets

☆ Before the end of the year crude oil could hit 'if not exceed' $100/barrel: Rapidan's Bob McNally
▼ + stars: | 2023-07-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBefore the end of the year crude oil could hit 'if not exceed' $100/barrel: Rapidan's Bob McNallyMatt Maley, Miller Tabak chief market strategist, Bob McNally, Rapidan Energy Group president, joins 'Last Call' to talk the Biden administrations policies that have helped the fossil fuel industry grow.

Persons: Bob McNally Matt Maley, Miller, Bob McNally Organizations: Rapidan Energy Group, Biden

☆ A woman facing felony charges for her role in Michigan's 'fake elector' scheme bragged in May about not being in jail
▼ + stars: | 2023-07-19 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

Michigan Attorney General Dana Nessel announced on Tuesday her office was filing felony charges against 16 Michiganians for their role in a 'fake elector' scheme in 2020. In May, she bragged on Twitter about how Democrats wanted her arrested but that she was still waiting. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. A charging document in the fake elector case also alleges that Maddock and 15 other fake electors intentionally took measures to keep their plot as covert as possible. "These were Trump electors, duly elected Trump electors who met and it's all very public.

Persons: Dana Nessel, Meshawn Maddock, Maddock, Donald Trump, Nessel, Matt Maddock Organizations: Michigan Republican Party, Twitter, Service, Michigan, Michigan GOP, Fox, Trump, Facebook Locations: Michigan, Wall, Silicon, United States of America, Lansing, Detroit

☆ Another Combined No-Hitter Has an Ace Longing for the Days of Yore
▼ + stars: | 2023-07-09 | by ( Scott Miller | ) www.nytimes.com time to read: +1 min

Justin Verlander pitches for the Mets and won two World Series titles with the Houston Astros, but he will always be a part of Detroit. It was there that he started his storied career, won his first of three Cy Young Awards and his one Most Valuable Player Award and fired two of his three career no-hitters. So when three Tigers pitchers combined to throw the ninth no-hitter in club history — and the 20th combined no-hitter in major league history — Verlander was paying attention. “My wife informed me of how young she was when that happened and then somebody else told me how young I looked,” Verlander said, smiling and good-naturedly muttering an expletive that emphasized how long ago that was. But more than any other active player, he knows that ballpark, that city and that team’s history.

Persons: Justin Verlander, Cy Young, — Verlander, “, ” Verlander, Matt Manning, Jason Foley, Alex Lange Organizations: Mets, Houston Astros, Tigers, Comerica, Blue Jays Locations: Detroit, Milwaukee

☆ Telo's tiny pickup and Canoo's EV are having a moment. Here are the hottest small vehicles on the road right now.
▼ + stars: | 2023-07-06 | by ( Will Gendron | ) www.businessinsider.com time to read: +3 min

Compact trucks are becoming a hot commodity in the US. The popularity of Japanese-made Kei trucks and new models from EV startups are indicative of a trend. Here are the tiny trucks that are taking US roads by storm. Other car makers are getting in on the trend as compact pickup trucks have become more common on the road. And startups like Telo and Canoo are working on new, fully-electric models, like the Telo MT1 and Canoo's pickup truck.

Persons: we've, Matt Matusiak, Ford's, Matusiak, Todd Gato Organizations: Japan, Toyota Corolla, Federal Motor Vehicle, National, HVNY Imports, Ford Locations: Florida, Edmunds, New York

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