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But a series of data points showing worsening economic conditions has made some analysts believe a 0.5% cut is more likely — and perhaps even necessary. “We do not seek or welcome further cooling in labor market conditions,” Fed Chair Jay Powell said in a speech last month. “A (0.5%) cut is usually done in emergencies,” like the Covid-19 pandemic, said Mark Zandi, chief economist at Moody’s financial group. Mortgage interest rates have hit their lowest level since February 2023, while auto loan rates are also falling. A 0.5% cut would more directly affect rates tied to the fed funds rate, including credit cards, home equity lines of credit and small-business loans.

Persons: Steve Liesman, Jay Powell, Bill Dudley, ” Dudley, Preston Mui, Mui, ”, “, Mark Zandi, Greg McBride, ” McBride Organizations: Federal, CNBC, Wall, Minneapolis Federal Reserve, Federal Reserve Bank of New, Bloomberg News, Fed, Bankrate Locations: Minneapolis, Federal Reserve Bank of New York, America

☆ We are 50 days from the US presidential election. Here's where things stand.
▼ + stars: | 2024-09-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Read previewThe US presidential election is just 50 days away and the contest between Vice President Kamala Harris and former President Donald Trump remains as competitive as ever. Trump won it in 2016. Biden won it in 2020. Both campaigns continue to pour considerable time and financial resources into Pennsylvania, where Democratic candidates have won every presidential election since 1992 except for one — when Trump won it in 2016. Andrew Harnik/Getty ImagesWhile Harris' debate performance went a long way in assuaging some voters regarding her ability to lead the country, some are still undecided.

Persons: —, Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, Biden, North Carolina —, Win McNamee, Tim Walz, Walz, Ohio Sen, JD Vance, Gretchen Whitmer, Vance's, it'll, Andrew Harnik, Vance, eludes Trump Organizations: Service, Business, FBI, Trump, Palm, ABC, Democratic Party, Biden, Congressional, Ohio, Gov, Democratic, GOP, Republican Locations: Palm Beach, Florida, Butler , Pennsylvania, Philadelphia, Arizona , Georgia, Nevada, North Carolina, Michigan , Pennsylvania, Wisconsin, Omaha, Minnesota, Michigan, Pennsylvania, Arizona, Georgia, New Hampshire, Virginia, New York City, assuaging, Springfield , Ohio

Whether your cable provider recently lost ABC or you're a cord-cutter looking for a way to live stream the network, we've got you covered. Where to watch the Emmys in the USThe 76th Emmy Awards will air on Sunday, September 15, at 8 p.m. You can live stream the network through a live TV package like Sling TV or Fubo. Sling TV Subscription For just the essentials without any extra fluff, Sling TV is the streaming service you're looking for. Check price at SlingFubo is another great live TV package with over 180 channels in its lineup, including broad ABC coverage.

Persons: we've, Dan Levy, Ted Lasso, it's, we'll, ExpressVPN Organizations: Business, Hollywood, Eugene, HBO, ABC, Sling Blue, FX, Bravo, Hulu

☆ Katy Perry's triumphant VMAs performance isn't good news for her career
▼ + stars: | 2024-09-12 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +6 min

Just over 15 years after she released her major label debut, "One of the Boys," Perry became the latest Video Vanguard recipient, the VMA version of a lifetime achievement award. Performing a career-spanning medley at the VMAs as a Vanguard winner should be a victory lap. AdvertisementAfter an early career peak — Perry has released nine chart-topping hits to date, all before 2015 — she's had none in the past decade. It was bad enough to put Perry's comeback in jeopardy, quickly devolving into a "career crisis." But Perry's new album "143" will be released next week, and she still needs to convince people it's worth a listen.

Persons: —, Katy Perry, Perry, Michael Jackson's, — Perry, — she's, Katy, Arturo Holmes, Perry wouldn't, Sabrina Carpenter, Chappell Roan, I've, Doechii, Megan Thee, would've Organizations: Service, MTV, Vanguard, Business Locations: California

☆ TV shows face a cutthroat new era
▼ + stars: | 2024-09-12 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

To hear agents, lawyers, and producers tell it, the Hollywood they're going back to is more risk-averse than ever. Think of the "Suits LA" spinoff of the USA Networks show that was popularized by Netflix, and shows with big stars attached to them. Even big stars are getting slightedThere's an overall feeling that Hollywood has become too risk-averse. But in the meantime, the dearth of shows being ordered will take its toll on Hollywood. "There's just some people who are not going to be able to survive this dark period," a second lawyer said.

Persons: —, it's, ProdPro, David Zaslav, Jennifer Salke, bankable, Elle Fanning, Nicole Kidman, David E, Kelley, Bill Dubuque, Comcast's Peacock, Jake Gyllenhaal, Kathy Bates, There's, Jonathan Glickman Organizations: Service, Hollywood, Netflix, USA Networks, Business, Warner Bros . Discovery, Amazon MGM Studios, Apple, Netflix . Media, Disney, CBS, Industry, Producers, Miramax Locations: Hollywood

☆ The market is acting like Harris won last night's debate against Trump
▼ + stars: | 2024-09-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Price action in the stock market suggests markets think Kamala Harris won Tuesday's debate. Investors reacted by selling assets tied to the "Trump trade," with declines in Trump Media stock and bitcoin. AdvertisementThe first Presidential debate between Kamala Harris and Donald Trump is over and markets have named the winner. Following Tuesday night's debate, markets are showing signs that Vice President Harris came out on top, with investors voting with their portfolios and selling assets tied to the so-called Trump trade. On the flipside, assets that could see a boost from a Kamala Harris presidency were up Wednesday.

Persons: Price, Kamala Harris, Trump, Harris, —, Donald Trump, Matthew Ryan, Ebury, it's Organizations: Trump Media, Service, Trump, Technology Group, Truth, cryptocurrency, ING, ING Economics

☆ I grew up in a cluttered house. Now, I feel satisfaction from donating things I don't use.
▼ + stars: | 2024-09-08 | by ( Jennifer Bringle | ) www.businessinsider.com time to read: +4 min

In a house with two small kids, clutter was a given. Our house wasn't dirty, but it was full of things we didn't need — clothes that no longer fit, threadbare towels, unused kitchen utensils, toys we'd outgrown. The idea of throwing or giving away things you no longer needed felt wasteful and foolish, so she just kept everything. Even today, getting him to toss broken or unused items takes an act of Congress. My upbringing informed how I see clutter as an adultGrowing up in a house like this colored how I see clutter and cleaning.

Persons: —, weren't hoarders, I've Organizations: Service, Business, Pacific

☆ NFL team sales are likely to stall as valuations soar
▼ + stars: | 2024-09-05 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

Abbie Parr | Getty Images Sport | Getty ImagesThe Seattle Seahawks may be the next National Football League team to sell. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. Seven of the last 10 NFL teams to be sold outperform the S&P 500 on a percentage-gained basis since the sale. Each of the last four NFL team sales has set a new record, showcasing the rise in valuations. WATCH: New England Patriots owner Robert Kraft on new NFL private equity ruleswatch now

Persons: Abbie Parr, Paul Allen, Allen's, Jody, Marc Ganis, Roger Goodell, It's, There's, Neal Pilson, That's, Ganis, —, Daniel Snyder, Josh Harris, Terry Pegula, Kim, Ralph Wilson, David Tepper's, Jerry Richardson, Rob Walton, Pat Bowlen, Virginia Halas McCaskey, George Halas, McCaskey, George McCaskey, They're, Goodell, Curtis Martin, Tracy Gallagher, Gallagher, Robert Kraft, Kraft Organizations: Getty, Seattle Seahawks, National Football League, Former Seahawks, Microsoft, NFL, Disney, National Basketball Association, Netflix, CBS Sports, Pilson Communications, NBA, Washington, Philadelphia 76ers, National Hockey League's New Jersey Devils, Billionaire, Buffalo Bills, Carolina Panthers, Panthers, Walmart, Denver Broncos, Bills, Broncos, Chicago Bears, Bears, The Miami Dolphins, Los Angeles Chargers, Ares Management, Sixth Street Partners, Arctos Partners, Equity, Blackstone, Carlyle Group, Capital Partners, Arta Finance, NHL, Major League Baseball, New England Patriots, CNBC Locations: U.S, Spain, Germany, Brazil

☆ Stop Trying to Optimize Everything; Key to Happiness Is Being Average
▼ + stars: | 2024-08-04 | by ( Emily Stewart | ) www.businessinsider.com time to read: +13 min

The laws of capitalism say we have to constantly be on the move — work hard, play hard, consume hard, rinse and repeat. In an age where you're supposed to optimize everything, maybe it's fine to just be … fine. "You really do need to work hard and earn a lot (or inherit a lot) to live in decent material conditions in these contexts," he said. Related storiesAs the old saying goes, money doesn't equal happiness (though I have a hard time believing it doesn't help). "There's a hell of a lot of people who are really going to be normal or average, ordinary.

Persons: Thomas Curran, we're, Curran, Avram Alpert, Alpert, Barry Schwartz, Swarthmore College who's, Schwartz, Nathan Cheek, We're, doesn't, influencers, You've, Taylor Swift, Kelly Goldsmith, Jamie Ducharme, Goldsmith, they've, —, isn't, it's, Beyoncé, Emily Stewart Organizations: London School of Economics, Swarthmore College, Purdue, YouTube, Vanderbilt University, American Psychological Association, Ivy League ., Business Locations: America, Greece

☆ A child-free boomer doesn't regret her choice despite the social pressure. She has financial freedom and can spend the rest of her life giving back.
▼ + stars: | 2024-08-03 | by ( John Towfighi | ) www.businessinsider.com time to read: +7 min

That decision has afforded her financial freedom — she said she has enough savings to support herself in retirement until she's 110. What's more, she's avoided being sandwiched between caring for children and her parents. In her earlier life, Snyder married her late husband Phil in 1986, and they bought a small ranch in Beaverton, Oregon, where she still lives. While the environment — not money — was the reason she didn't have children, Snyder said it allowed her and Phil more breathing room in their financial and social decisions. AdvertisementAre you sandwiched between caring for your parents and raising your children?

Persons: —, Ann Snyder, Snyder, she's, Phil, that's Organizations: Service, Pew Research, Business, Oregon Ballet Theater, University of Iowa, Oregon Department of Transportation, Portland Public Schools, Oregon Department of Human Services, Pew Research Center Locations: American, Beaverton , Oregon, Mount Hood, Ohio, Oregon, Portland

☆ Israel promised a massive revenge attack on Hezbollah but so far hasn't followed through
▼ + stars: | 2024-07-29 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Read previewTensions in the Middle East escalated on Saturday after Israel said the armed group Hezbollah launched a lethal rocket strike on a soccer field. Brink of warTensions were already high in the region before Hezbollah's lethal rocket strike. Following Hezbollah's rocket strike, US National Security Council spokesperson Adrienne Watson said Sunday that the US was in "continuous discussions" with Israel and Lebanon, hoping to restore calm. "Hezbollah is also operating in Syria, and it is likely that Israel will target Hezbollah's military sites there at a greater scale than before," she told BI. According to Khatib, the possibility of a wider war in the region remains low because it is not in anyone's interest — it would be damaging to Israel, Hezbollah, Iran, and the US, she said.

Persons: —, Israel, Majdal Shams, Benjamin Netanyahu, Brink, Daniel Hagari, Adrienne Watson, Axios, Lina Khatib, Khatib, Thomas Juneau, Juneau Organizations: Service, Hezbollah, IDF, Business, Israel's Air Force, US National Security, Sunday, Middle East Institute, School of Oriental, Studies, Israel, University of Ottawa's Graduate School of Public and International Affairs, Israel Program, National Security Network, Foundation for Defense of Democracies Locations: Lebanon, Majdal, Israel, Iran, Gaza, London, Syria, Iran's

☆ A PIP means you've probably already been quiet fired, says management academic
▼ + stars: | 2024-07-24 | by ( Nora Redmond | ) www.businessinsider.com time to read: +4 min

She said she was unexpectedly put on a PIP by her manager several years ago when working in marketing. AdvertisementRymsha explained that many of her former HR business partners hated putting people on them. Quiet firingFor Rymsha, a PIP is an invitation to leave a company. Advertisement"If you get that PIP, you've been quiet fired, probably three to six months ahead of time," she said. Rymsha said often, before a PIP is even issued, employees will gradually see things being taken away from them.

Persons: —, Catherine Rymsha, Rymsha Organizations: Service, Business, University of Massachusetts Locations: Lowell

☆ Kamala Harris' choice of running mate would be important, CEO says
▼ + stars: | 2024-07-23 | 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 EmailKamala Harris' choice of running mate would be important, CEO saysSyga Thomas, CEO at Ensah Advisory Partners, says it's "anyone's guess" who her pick might be if she clinches the Democratic presidential nomination.

Persons: Kamala Harris, Syga Thomas Organizations: Advisory Partners, Democratic

Andreessen and Horowitz are the latest and most prominent members of the startup investing community to publicly support Trump. Up until now, there have been pockets of vocal Trump support within Silicon Valley, including conservative provocateur Peter Thiel, the pugnacious hosts of the All-In podcast, and Palantir co-founder Joe Lonsdale. WE HAVE A FORMER TECH VC IN THE WHITE HOUSE. Most of the VCs Business Insider spoke to were unanimously against Kahn. "If it is Biden vs. Trump officially, I think many '"never Trumpers" will go with Trump," said a Bay Area VC.

Persons: —, Andreessen Horowitz, Ben Horowitz, Marc Andreessen, Donald Trump, Sen, JD Vance, Peter Thiel's, Steve Case, Andreessen, Horowitz, provocateur Peter Thiel, Palantir, Joe Lonsdale, Elon Musk, who's, Joe Biden, Vance, Trump, IT'S JD VANCE, WE, MAGA, he's, Bradley Tusk, Chuck Schumer, Tusk, Lina Khan, That's, what's, Kahn, Lina Kahn, Khan, Biden, they're, David Hornik Organizations: Service, The Little, Business, Trump, Wall Street, Founder's Fund, TECH, Democratic, Biden, FTC, SEC, Bay, Republican, Sequoia Capital, Lobby Locations: America, Silicon Valley, New York, Delian, San Francisco, Silicon, There's

☆ Majority of economists say inflation would be higher under Trump than Biden: WSJ survey
▼ + stars: | 2024-07-12 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

A majority of economists surveyed by The Wall Street Journal said former President Donald Trump's policies would be more likely to reignite inflation than President Joe Biden's would. Eight of the economists in the WSJ survey said inflation would be worse under Biden than Trump. Meanwhile, the several economists who saw Biden as the bigger inflation threat cited large spending packages. Still, 51% of economists in the WSJ survey estimate that federal deficits will rise more under Trump, who has proposed making his first-term tax cuts permanent. Meanwhile, 22% of economists think the same for Biden, in part citing Democrats' historically higher support for government spending.

Persons: Donald Trump's, Joe Biden's, Trump, Biden, Biden's, Harris, Sarafina Chitika Organizations: Wall Street Journal, Biden, Republican, Trump, Wall Street, Democratic, Capitol, Federal Reserve Locations: China, U.S, Trump

☆ Biden's high-stakes NATO speech wasn't a disaster. But it's not going to change anyone's mind.
▼ + stars: | 2024-07-12 | by ( Brent D. Griffiths | Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Just before the news conference, Biden referred to Ukrainian President Volodymyr Zelenskyy, standing nearby, as Russian President Vladimir Putin before quickly correcting himself. Advertisement"Ladies and gentlemen, President Putin," Biden said before quickly realizing his mistake and adding, "He's gonna beat President Putin, President Zelenskyy." "I'm so focused on beating President Putin," he said. Following the press conference, pundits and journalists acknowledged his command of the issues. AdvertisementBiden's press conference was likely never going to assuage Democrats' concerns.

Persons: —, Joe Biden, Donald Trump, Biden, Trump, Harris, Volodymyr Zelenskyy, Vladimir Putin, Putin, Zelenskyy, Biden's, Jen O'Malley Dillon, Julie Chavez Rodriguez, Barack Obama, Jim Himes, Brad Schneider Organizations: Service, Ukraine, Business, Trump, White, The Associated Press, Foreign, NATO, House Intelligence Committee, Illinois, CNN Locations: Jim Himes of Connecticut

☆ I've been lying about my age since I was 24, and I don't see anything wrong with that
▼ + stars: | 2024-07-09 | by ( Nicola Prentis | ) www.businessinsider.com time to read: +5 min

I've lied about my age for so long that, on any given day, I forget exactly how old I am. I was in my 20s when I started lying about my ageWhen I started lying about my age, I was 24. I've heard people claim that lying about age is a huge red flag because it means you'll lie about other things too. "Age gracefully" is shorthand for "don't look older but also don't try not to." Far worse than my evasion or lie is how people, especially men, don't respect my privacy or boundaries even though I don't ask or care about their age.

Persons: I've, I'd, that's, we've, That's, We're, There's Organizations: Service Locations: Mexico, Turkey, Turkish

☆ I lie about my age, and I don't see anything wrong with that
▼ + stars: | 2024-07-09 | by ( Nicola Prentis | ) www.businessinsider.com time to read: +5 min

Their father knew I didn't want anyone to know because I'd avoided telling him my age when we got together. I've heard people claim that lying about age is a huge red flag because it means you'll lie about other things too. That's the only thing I lie about in all my relationships, and I don't think there's anything wrong with that. "Age gracefully" is shorthand for "don't look older but also don't try not to." Far worse than my evasion or lie is how people, especially men, don't respect my privacy or boundaries even though I don't ask or care about their age.

Persons: I've, I'd, that's, we've, That's, We're, There's Organizations: Service Locations: Mexico, Turkey, Turkish

☆ A day in the life of Robert Rivani, a 34-year-old real-estate mogul with $750M in deals who left LA to invest in Miami
▼ + stars: | 2024-07-07 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Read previewRobert Rivani got a taste for business flipping shoes as a teenager in his hometown of Los Angeles. At 18 years old, Rivani said he was approached to sell his shoe collection for over $150,000 and he took it. Rivani left California in 2022 to make his mark in Miami, where he's grown his real-estate portfolio. Even that 45-minute drive is valuable time, so his personal assistant or wife drives while Rivani texts and takes calls. Rivani has the luxury of having restaurants, including Delilah Miami, as tenants and can host multiple meetings in one location instead of bouncing around Miami.

Persons: —, Robert Rivani, Rivani, Lion, Williams, Harry Potter, Krystal, Anna Orsborn, I've, Delilah Miami, Michael Timzil Nio, — that's, we're, he's Organizations: Service, Jordan, Business, Beverly Hills, 1Ten, Vikings Locations: Los Angeles, California, Miami, South Florida, Miami Beach, Elm, Williams Sonoma, Beverly, East Coast

☆ Just 1 piece of evidence could scuttle Trump's hush-money conviction and force a time-sucking retrial
▼ + stars: | 2024-07-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

In fact, a single piece of evidence could be Trump's handiest monkey wrench of all. Manhattan district attorney's office/BIDays before closing arguments, Business Insider highlighted People's 81 as one of ten pieces of incriminating "smoking gun" evidence. SCOTUS/Business InsiderIt took less than a day for defense lawyers to use this ban on "official act" evidence to challenge Trump's May 30 conviction. "Under Trump," defense lawyer Todd Blanche wrote Monday, referring to the SCOTUS decision, "this official-acts evidence should never have been put before the jury." Why People's 81 may be Trump's best monkey-wrenchIn hopes of setting aside Trump's verdict, Trump's lawyers raised other instances where they say "official acts" were improperly used at trial against him.

Persons: —, Donald Trump's, Trump, Michael Cohen, Cohen, Donald Trump, Joshua Steinglass, SCOTUS, Trump's, It's, Hope Hicks, Todd Blanche, Blanche, Attorney Alvin Bragg, — Bragg, Juan Merchan, Merchan, Michel Paradis, — Trump, Hicks, Stormy Daniels, Paradis, Daniels Organizations: Service, Business, Manhattan, Attorney's, Supreme Court, People's, Trump, Prosecutors, Attorney, New York, Columbia Law School Locations: Manhattan, SCOTUS

☆ Richard Branson: This is the worst piece of career advice anyone's ever given me
▼ + stars: | 2024-06-27 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

"Do what you know" is common career advice, but not everyone agrees it's wise. Virgin Group co-founder and billionaire Richard Branson says it's the worst career advice he's ever received. In fact, Branson broke through by doing the opposite, he discussed on a recent episode of the Work Life with Adam Grant podcast. Branson — who has a $2.6 billion net worth, according to Forbes — built his career and fortune from the Virgin Group, a venture capital and holding company. While Branson sold the music label for nearly $1 billion in 1992, the Virgin Group now owns companies in sectors ranging from airlines and hotels to media and spaceflight.

Persons: Richard Branson, he's, Branson, Adam Grant, Branson —, Forbes —, Grant Organizations: Virgin Group, Branson, Virgin Records, Rice University Locations: Wharton

☆ Inside Europe's tech hubs: France's AI push puts it on the rise
▼ + stars: | 2024-06-27 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +31 min

Brimming with entrepreneurs and around 1,000 startup companies, it embodies France's exciting tech industry. So if you could rank Europe's tech hubs, what would be your top three? But I'm really excited about Lisbon actually, I know the Mayor of Lisbon pretty well, have been hearing really positive things. I mean things like that could just be completely deprioritized, which is essentially what has been helping us move things forward in France. Under Macron what have been for you the big positives that have come out of his presidency and tech push more broadly.

Persons: Tom Chitty, Roxanne Varza, Bruno Le Maire, Tom Chitty The, you'll, Arjun, I've, Roxanne, Macron, we'd, we've, Tom Chitty Let's, Xavier Niel, he's, Roxanne Varza That's, we're, I'm, Roxanne Varza Paris, Tom Chitty Arjun, Arjun Kharpal, What's, There's, you've, haven't, They're, Roxanne Varza Big, Tom Chitty U.S, Arjun Kharpal It's, who's, that's, there's, they've, we'll, Tom, Tom Chitty We'll Organizations: Meta, Google, CNBC, Uber, Accel, Dealroom, Mistral, Viva Tech, Sequoia Capital, Big Tech, Microsoft, French Finance, London Stock Exchange, London . Locations: Paris, France, French, Europe, beyondthevalley@cnbc.com, London, Berlin, U.S, Silicon Valley, Palo Alto, Bay, Amsterdam, Lisbon, Old, Shoreditch, London . Tel Aviv

☆ The Titanic is overrated, deep-sea explorers say. The wealthy keep venturing to it anyway.
▼ + stars: | 2024-06-23 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Read previewThe Titanic may be one of the most popular and identifiable wreckage sites in the history of sea travel. It also may be one of the most overrated, deep-sea explorers told Business Insider. Söhnlein's company, Blue Marble Exploration, recently announced it would venture into Dean's Blue Hole, a site in the Bahamas about 660 feet from the surface. Dean's Blue Hole EyesWideOpen/Getty Images"Dean's Blue Hole is an enigma for geologists studying underwater caverns," Blue Marble Exploration's website says. The company adds that it expects to find "human remains" of people who drowned in the blue hole "due to a variety of misfortunes."

Persons: —, James Cameron's, Larry Connor, Karl Stanley, That's, Stanley, Guillermo Söhnlein, OceanGate, Söhnlein, it's, James Cameron, they're, Rush, Nicholas Mevoli Organizations: Service, Business, Titan, Stanley, OceanGate's, Stockton Rush, Stockton, Blue, Blue Marble Exploration, New York Times Locations: Kea, Blue Marble, Bahamas

☆ Corporate America may soon be handed a large bill for all the buybacks it has been doing
▼ + stars: | 2024-06-12 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The public comment period for the Treasury Department's rule formalizing the 1% tax on buybacks closed Tuesday. That means some of the largest companies in America may soon be getting a tax bill. The goal seems to be to discourage corporate America from buying back stock and instead invest more in hiring people and making capital expenditures. "We have a good shot at beating that old record this year," Silverblatt from S & P Global tells me. Higher growth means companies will be more willing to invest in hiring more people and making capital expenditures.

Persons: Joe Biden, Howard Silverblatt, Silverblatt, Biden Organizations: Treasury, Apple, Microsoft, Exxon Mobil, Wells, Chevron, & $ Locations: America

☆ A mysterious hole on Mars could be a jackpot of scientific discoveries, from extraterrestrial life to where astronauts could live
▼ + stars: | 2024-06-11 | by ( Ellyn Lapointe | Jessica Orwig | ) www.businessinsider.com time to read: +6 min

But there is a possibility that residual underground lava tubes may still exist. HUM Images/Getty ImagesIf these lava tubes are anything like Earth's, they could be the perfect place for astronauts to hunker down during their stay on Mars. It's unclear if lava tubes on Mars would also be this warm — it's not a stretch to imagine, just a challenge to confirm. But to be clear, just because there could be life in these pits, doesn't mean Mars definitely hosts extraterrestrials. "This is a good place to look, but we don't know if there's life on Mars at all," Johnson said.

Persons: —, Brandon Johnson, Johnson, George Rose, Ross Beyer, Beyer, there's, it's Organizations: Service, University of Arizona, Business, NASA, JPL, Scientists, Purdue University, Olympus, SETI Institute, Goddard, Arizona State University, Reconnaissance Locations: Arizona, Tharsis, Hawaii

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