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☆ Can markets make a comeback? That depends on tech earnings
▼ + stars: | 2024-04-23 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

The Nasdaq tumbled 2.1% on Friday as tech stocks plunged, marking its worst day since January 31. “US earnings updates this week will be key to see if they can keep topping expectations and buoying risk appetite in a higher-for-longer interest rate environment.”Tesla, Facebook-parent Meta, IBM, Microsoft and Alphabet all report first quarter earnings later this week. “Big Tech earnings may determine whether the stock market avoids its first four-week losing streak in two years,” wrote Chris Larkin, managing director of trading and investing at E*TRADE from Morgan Stanley on Monday. About 15% of S&P 500 companies have reported first quarter earnings, and nearly three-quarters of those companies have posted a positive earnings-per-share surprise. But investors are nervously waiting for the Magnificent Seven, those massive Tech stocks that carry an outsized portion of market weight, to report.

Persons: Monday’s, “, ”, They’re, Tesla, Chris Larkin, Morgan Stanley, aren’t, we’re, Dave Sekera, ” Taylor Swift’s, Apple Taylor Swift, Liam Reilly, Department ”, Post Malone, Laura He Organizations: CNN Business, Bell, New York CNN —, Nasdaq, BlackRock, Federal Reserve, Facebook, IBM, Microsoft, “ Big Tech, Tech, Companies, Nvidia, Apple, Big Tech, Bank of America, Morningstar, Department, Spotify, Poets Department, Amazon Music, Apple Music, EV, Tesla Locations: New York, Wells, China, Germany, United States, Tesla’s, Europe

☆ Opinion | Why It’s Hard to Explain Joe Biden’s Unpopularity
▼ + stars: | 2024-03-09 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

Joe Biden is one of the most unpopular presidents in modern American history. In Gallup polling, his approval ratings are lower than those of any president embarking on a re-election campaign, from Dwight Eisenhower to Donald Trump. Apart from anxiety about his age, there isn’t a chattering-class consensus or common shorthand for why his presidency is such a political flop. When things went south for other recent chief executives, there was usually a clearer theory of what was happening. Trump’s unpopularity was understood to reflect his chaos and craziness and authoritarian forays.

Persons: Joe Biden, Dwight Eisenhower, Donald Trump, Joe Simonson, George W, Barack Obama, Bill Clinton Organizations: Gallup, Washington Free, Biden, White Locations: Iraq

☆ Emma Heming Willis says husband Bruce’s life is still filled with joy
▼ + stars: | 2024-03-04 | by ( Lianne Kolirin | Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —Bruce Willis’ wife has hit out at an online report that “there is no more joy” in her husband’s life. Emma Heming Willis said in a video posted to her Instagram profile on Sunday that she had been “clickbaited” by a headline “to do with my own family.”Appearing angry and frustrated, Heming Willis said she had been “triggered” by the story, which she came across on Sunday morning. Love is a beautiful thing ❤️ Wishing you all a Happy Valentine’s Day 🫶🏽 Emma Heming Willis/InstagramIn an interview last year, Heming Willis admitted that the diagnosis had been tough on her husband, herself and their two daughters. “What I’m learning is that dementia is hard,” Heming Willis told Hoda Kotb on the Today show on NBC. And that is no different for Bruce or myself or our girls.”That said, in a written message accompanying her video, Heming Willis explained that there was a lot more to the family’s situation than many headlines suggest.

Persons: Bruce Willis ’, Emma Heming Willis, ”, Heming Willis, Willis, “ Organizations: CNN, Alzheimer’s Research Locations: FTD

☆ A tech entrepreneur shared the advice Steve Jobs once gave him that's helped him find success and happiness in his career
▼ + stars: | 2024-03-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA serial tech entrepreneur recalled some words of wisdom that Steve Jobs shared with him that have helped him face challenges over his career and kept him moving forward. Gutman, who has headed numerous companies during his career, told Business Insider that Steve Jobs gave a commencement speech when he graduated from Stanford in 2005. Jobs said it led to a creative period in his life during which he founded two companies and fell in love. Frame challenges as adventuresGutman explained that if you're not passionate about the work you're doing or are solely motivated by money, you're more likely to give it up for something else.

Persons: —, Steve Jobs, Ron Gutman, Gutman, Steve, Jobs, Steve Wozniak, Apple, I'm, You've, We're Organizations: Service, Stanford University, Business, Stanford, Apple

☆ Haley’s voters might decide Biden’s fate in November. Here’s why.
▼ + stars: | 2024-02-06 | by ( Ron Brownstein | Analysis Ronald Brownstein | ) edition.cnn.com time to read: +17 min

In New Hampshire, more than 4-in-5 Haley voters said Trump would not be fit to serve again if convicted and that Biden had legitimately won. In that poll, two-thirds of Haley voters in Iowa said they would not vote for Trump in a general election; that number soared past three-fourths of her voters in New Hampshire. One key reason: fully 93% of all GOP-leaning voters said they disapproved of Biden’s performance as president. Madrid believes Biden’s record on immigration is the biggest obstacle to him harvesting support among the Republicans uneasy about Trump. Lake doesn’t agree that any single issue is critical for Biden with the kind of GOP voters who have rallied to Haley.

Persons: Nikki Haley’s, Donald Trump, Haley, Biden, Joe Biden, Haley –, Trump, ”, Smith, Michael Madrid, “ Trump, “, SSRS, “ Donald Trump, that’s, Alan Abramowitz, Ron DeSantis, it’s, Democratic pollster, Biden’s, ” Madrid, Haley herself, ” Jennifer Horn, MAGA …, ” Jim McLaughlin, Trump’s, McLaughlin, Bill McInturff –, –, Lake, Jean Carroll, ’, Taylor Swift, Chris Wilson, Republican pollster, Wilson, ” Wilson, Lake doesn’t Organizations: CNN, South Carolina Republican, Trump, White, GOP, Republican, Democratic, Trump Lincoln Project, Washington Post, University of Maryland, Capitol, CBS, Republicans, NBC News, Republican Party, South, Emory University, Florida Gov, Edison Research, Haley Iowa, Monmouth University, ”, Biden, New Hampshire Republican, NBC, AP Locations: Iowa, New Hampshire, California, Madrid, Washington, South Carolina, ” Madrid, McInturff, Lake, Trump

☆ Baby Boomers are approaching 'peak burden' on the economy
▼ + stars: | 2024-02-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

A wave of retiring Boomers means the generation will soon be at "peak burden" to the economy. It's the Baby Boomers, who are aging fast and approaching their "peak burden" years in regard to their drag on the economy and the resources of younger generations. Advertisement"The peak burden is [when] all the baby boomers have hit retirement," Millar told Business Insider. And it isn't the case that Baby Boomers will derail economic growth nearly as much as, say, a full-blown recession, according to Dean Baker, an economist who described the Baby Boomers as a "time bomb" in a 1998 paper. In 2022, empty-nester baby boomers owned 28% of large homes in the US, a Redfin analysis found, double the share of millennial families.

Persons: —, Zers, Jonathan Millar, Millar, Dean Baker, That's, Boomers, David Rosenberg, Baker, Gen Organizations: Boomers, Service, Barclays, National Association of Realtors, Chamber of Commerce, Rosenberg Research, Social, Insurance Trust Fund, Social Security Administration Locations: Millennials

☆ A woman who's spent more than $30,000 on Stanley cups says she knows her hobby is silly. She loves it anyway.
▼ + stars: | 2024-01-22 | by ( Amanda Krause | ) www.businessinsider.com time to read: +6 min

Ashley Kosko, 37, is a huge fan of Stanley cups. Some of the Stanley cups owned by Ashley Kosko. A Stanley cup bedazzled by Ashley Kosko. Two Stanley cups bedazzled by Ashley Kosko. "In my everyday life, people will stop me and say, 'Oh, I love your Stanley cup,'" she said.

Persons: Ashley Kosko, Stanley, Kosko, —, Ashley Kosko Love, bedazzling Stanley, Ashley Kosko Kosko, bedazzle Stanley, I've, she's Organizations: Service, YouTube, Stanley, Stanley Facebook Locations: rhinestones, Tennessee, Thailand

DAVOS, Switzerland (AP) — Business and political elites descended on the Swiss Alpine snows of Davos to suss out “rebuilding trust” in a splintering world. If there’s any takeaway from the World Economic Forum's annual meeting — boldly touting that theme — it’s that we still have a long way to go. The idea is getting people together, and big announcements are often just a byproduct — not the aim. “It’s unrealistic to think that Davos — or any meeting, anywhere in the world — in one meeting can rebuild trust when it’s fragmented on so many dimensions," said Rich Lesser, chairman of Boston Consulting Group. But thousands of conversations between the social, private and public sectors help create "a starting point for rebuilding trust,” he said.

Persons: —, Rich Lesser, ”, bigwigs, Bill Gates, Agnès Callamard, craziness, Long, Volodymyr Zelenskyy, ” Zelenskyy, ” Pham Minh Chinh, vociferously, Benjamin Netanyahu, Antony Blinken, wasn't, Antonio Guterres, Masha Macpherson, David Keyton, Courtney Bonnell, Kelvin Chan Organizations: —, Boston Consulting, Nature Energy, “ Cooperation, Security, Amnesty, European Union, U.S, Israeli, ” Locations: DAVOS, Switzerland, Swiss, Davos, suss, Ukraine, U.S, India, South Africa, UKRAINE, Kyiv, Europe, United States, Britain, Israel, Gaza, Palestinian, Saudi Arabia, London

☆ People with ADHD in the workplace may get 'passed over for promotions' and struggle to climb the corporate ladder, a clinical psychologist said
▼ + stars: | 2023-11-29 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

People with ADHD may face some barriers to success in corporate environments, a psychologist told Business Insider. AdvertisementPeople with attention-deficit/hyperactivity disorder may struggle to keep up with their peers in the corporate workplace and could be "passed over for promotions," a clinical psychologist told Business Insider. Dr. Scott Kollins, chief medical officer at Akili Interactive and a clinical psychologist, told BI about some of the barriers professionals with ADHD can face in corporate environments. AdvertisementKollins explained that ADHD symptoms, like the ones experienced by Trefren, can frequently show up in the workplace. Watkins advises people to disclose their condition in the workplace if they feel comfortable so that employers can be accommodating.

Persons: Dr, Scott Kollins, —, Kollins, Sarah Trefren, Trefren, you'll, Bryan Watkins, Watkins, wean Organizations: Service, Akili Interactive, Trefren, California Republican Party

☆ Walmart Black Friday crowds and chaos are a thing of the past — but the deals could be better than ever
▼ + stars: | 2023-11-21 | by ( Alex Bitter | Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Sales are spread over multiple weeks, and shoppers are going online to snag deals instead of lining up outside a store. Former Walmart employee Karen Baker told Business Insider she worked each Black Friday in her decade with the company and described it as a "free for all." One current and two former Walmart employees told Business Insider that stores in recent years aren't bracing for chaos on the day after Thanksgiving. "It's made just for Black Friday," Baker said of on-sale products that might otherwise appear similar to regularly available merchandise. "Because of my time at Walmart, because me and my husband both have done it, we just don't do Black Fridays," she said.

Persons: —, Karen Baker, Baker, Athenia Camacho, Brittany Chang, hasn't, Camacho, It's, " Baker, it's, Mario Tama, abitter@businessinsider.com Organizations: Walmart, Service, Business, Southwest . Business, Black, Southwest, Adobe Analytics Locations: California, Southwest

☆ Walmart Black Friday crowds and chaos are a thing of the past
▼ + stars: | 2023-11-21 | by ( Alex Bitter | Dominick Reuter | ) www.businessinsider.com time to read: +5 min

One current and two former Walmart employees told Business Insider that stores in recent years aren't bracing for chaos on the day after Thanksgiving. AdvertisementInstead of one day of sales, Walmart now offers a series of items on mark-down, from pajamas to electronics. "It's made just for Black Friday," Baker said of on-sale products that might otherwise appear similar to regularly available merchandise. AdvertisementA Black Friday sales event at a Walmart Supercenter on November 14, 2023. Advertisement"Because of my time at Walmart, because me and my husband both have done it, we just don't do Black Fridays," she said.

A large depreciation didn’t fully materialize; rather, the dollar’s value in the parallel retail market – popularly known as the “blue dollar” – increased some 13%. Milei, an outsider and right-wing populist, has also accused the Central Bank of recklessly printing money in order to fund public spending. The government has made access to foreign currency increasingly more stringent, which has caused the parallel market to flourish. “It isn’t exactly full, but there’s a lot in there,” she said, declining to provide her last name because trading foreign currency under the table is illegal. “Listening to the radio and looking on the internet, there isn’t any craziness about dollar, dollar, dollar,” he said.

Persons: Leandro Francisco Diana, Javier Milei, “, ”, Diana, Villa Crespo, Milei, Javier, Giselle, Argentina isn't, Maria Castiglioni, ” Castiglioni, Alexi Hoyos, Hoyos, ” Diana, videojournalist Mauricio Cuevas Organizations: U.S ., U.S, Central Bank, Radio Mitre Locations: BUENOS AIRES, Argentina, Buenos Aires, New York, Miami, Florida

☆ Opinion | How Do You Solve a Problem Like George Santos?
▼ + stars: | 2023-11-18 | by ( Mark Chiusano | ) www.nytimes.com time to read: +2 min

By now, you probably know a lot about George Santos, the congressman who scammed with abandon and made up almost everything. But the fact that he remains in Congress highlights something crucial about the people’s House. Even in that company, Mr. Santos stands out by exposing just how much craziness the Republican Party is willing to tolerate in pursuit of narrow partisan gains. The biographical lies and widely reported small-time hustles that boosted Mr. Santos pale in comparison with his penchant for “just throwing ideas.”I’m borrowing that phrase directly from Mr. Santos, who said it in a Spaces conversation on X, formerly Twitter, in October, shortly after Hamas’s terrorist attack on Israel. “I don’t care if we go into a police state for a couple of months.”

Persons: George Santos, “, Mr, Santos, It’s, ” Organizations: The New York Times, Atlantic City, Teamsters, Republican Party Locations: Israel, United States

ANN ARBOR, Mich. (AP) — Sherrone Moore's tears streamed down his cheeks and expletives left his lips, passionately supporting suspended coach Jim Harbaugh, in an on-field postgame interview after No. “All the craziness, all that stuff going on, it’s just brought us closer and closer together,” Moore said earlier this week. A day before facing the Terrapins, linebackers coach Chris Partridge was fired in the latest wave of turmoil at Michigan. Harbaugh called the Wolverines “America’s team” for continuing to win under the cloud of the scandal. As an offensive guard, he helped Oklahoma win Big 12 titles in 2006 and 2007 and played in BCS bowl games.

Persons: expletives, Jim Harbaugh, Moore, it’s, ” Moore, football's, Harbaugh, we’ve, ”, Chris Partridge, Warde Manuel, Partridge, let’s, We’re, Matt Weiss, “, Kenneth Grant, He's, Larry Lage Organizations: Michigan, Maryland, Oklahoma, Ohio State, Big Ten, College Football, Terrapins, Athletic, FBI, Central Michigan, BCS, Big, Penn State, AP Locations: Mich, Michigan, Kansas, Central, Louisville

☆ ‘The Curse’ Review: People Who Live in Glass Houses
▼ + stars: | 2023-11-09 | by ( James Poniewozik | More About James Poniewozik | ) www.nytimes.com time to read: +1 min

“It’s a mishegas,” Whitney Siegel (Emma Stone), a convert to Judaism, says to her husband, Asher Siegel (Nathan Fielder), as they do a good deed for a needy family. “Mitzvah,” Asher corrects her. “Mishegas means something else.” (It means, roughly, “craziness” in Yiddish.) “The Curse,” which has its streaming premiere on Paramount+ with Showtime Friday and its on-air premiere on Showtime Sunday, is also something else — several things else. Above all, “The Curse” is an unnerving, erratic, dizzyingly original exploration of the fine line between mitzvah and mishegas.

Persons: “, ” Whitney Siegel, Emma Stone, Asher Siegel, Nathan Fielder, ” Asher Organizations: Paramount, Showtime, HGTV Locations: New Mexico, Española

☆ Opinion | Here’s What Doesn’t Happen After a Mass Shooting
▼ + stars: | 2023-11-01 | by ( Gail Collins | ) www.nytimes.com time to read: +1 min

A few things you can bet on when there’s been a terrible mass shooting in this country. POP QUIZAfter an assault-rifle-brandishing madman killed 18 people and injured 13 more in Maine, the new House speaker, Mike Johnson, was asked what to do about mass shootings. What shooting?”C. “Hey, I thought you said you were going to ask about impeaching Biden.”D. “The problem is the human heart, not guns.”Did you guess it was D, people? Perhaps we should avoid complaining until we see if Speaker Johnson proposes new legislation requiring the police to stop and search all human hearts. Gun control — or, as its proponents prefer, gun safety — always becomes a big topic of conversation after a horrific shooting.

Persons: there’s, Mike Johnson, impeaching Biden, ”, Johnson Locations: Maine

☆ Sold out hotels and spike in beer sales: How the Cricket World Cup could boost India's economy
▼ + stars: | 2023-10-19 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +7 min

Spectators react in the crowd during the ICC Men's Cricket World Cup India 2023 between India and Afghanistan at Arun Jaitley Stadium on October 11, 2023 in Delhi, India. Matt Roberts-icc | Icc | Getty ImagesIndia is once again hosting the Cricket World Cup after more than a decade. "We must remember that the World Cup coincides with the Diwali season. Media and advertisingDuring the last Cricket World Cup in 2019, a global average of 1.6 billion people tuned in. Spectators watch the 2023 ICC Men's Cricket World Cup one-day international (ODI) match between Australia and Sri Lanka at the Ekana Cricket Stadium in Lucknow on Oct. 16, 2023.

Persons: Matt Roberts, Shantanu Bhargava, Lalitya, Avi Mehta, Waterfield, Bhargava, Dhavala, Aditya Suresh, Suresh, Zomato, Prakash Singh, Mehta, —, Radico Khaitan, Shibani Kurian, It's, Tauseef Mustafa Organizations: ICC Men's Cricket, Arun, icc, Icc, Getty, Cricket, Waterfield Advisors, Hospitality, CNBC, International Cricket Council, Macquarie Group Demand, Bangladesh, Pakistan, Indian Hotels Company, Macquarie Group, Alcohol, Afp, Spirits, Kotak Mahindra AMC, Media, Disney, ICC, Board, Control, BCCI, Ekana Cricket Locations: India, Afghanistan, Delhi, Bangladesh, Sri Lanka, Pakistan, Ahmedabad, Australia, New Zealand, Netherlands, Pune, LSEG, New Delhi, Lucknow

NORMAN, Okla. (AP) — Oklahoma quarterback Dillon Gabriel has put up big numbers for years. “Competition should bring out the best of everyone if you’re made of the right stuff," Oklahoma coach Brent Venables said. Drake Stoops, former Oklahoma coach Bob Stoops' son, leads the team with 25 receptions. All of it together is great chemistry, great understanding by everybody involved, then everybody gets an opportunity to have some success." Last week, Gabriel passed for three touchdowns and ran for two in a 50-20 win over Iowa State.

Persons: NORMAN, Okla, Dillon Gabriel, hasn't, Gabriel, “, ”, Jaylan Ford, Jackson Arnold, Venables, Arnold's, you’re, Brent Venables, ” Gabriel doesn't, Nic Anderson, Rodney Anderson's, Drake Stoops, Bob Stoops, Andrel Anthony, ” Venables, Dillon, ” Drake Stoops Organizations: — Oklahoma, Central, Sooners, College, Cotton, Oklahoma, Iowa State, AP Locations: Central Florida, Oklahoma, Texas, Dallas

GUIDONIA MONTECELIO, Italy (AP) — The reachable par-4 16th at Marco Simone was designed to decide the Ryder Cup, and that’s exactly what happened. As he walked down to the amphitheater-like green, Fleetwood was serenaded with “Tommy, Tommy” chants by the massive crowd both lining the fairway and filling a three-story hospitality structure. While the next Ryder Cup that Europe hosts will be at Adare Manor in Ireland, Ryder Cup Europe seems intent on returning to the continent for 2031 or 2035, with interest from Austria and Spain. Attending their fifth Ryder Cup, Lyren and his wife, Betsy, wore American-flag themed red-white-and-blue overalls. “That’s kind of what we use it for.”Jessica and Eric Minor, a couple in their 40s, flew in from Dallas for their first Ryder Cup and enjoyed the fan craziness.

Persons: GUIDONIA MONTECELIO, Marco Simone, Rickie Fowler, Tommy Fleetwood, Fleetwood, Tommy, Tommy ”, Fowler, caddie, Rickie, ” Fleetwood, Dave Sampson, Tom Fazio, Jim Fazio ., Franco Chimenti, ”, Francesco Molinari, Marco Simone didn’t, “, Del Lyren, Lyren, Betsy, ” Jessica, Eric Minor, ” Jessica Minor, Guido Migliozzi, Filippo Celli, Molinari, Edoardo, ” Molinari Organizations: Fleetwood, Ryder, Golf Federation, Valderrama, Europe, Roman, St, Bethpage Locations: Italy, Europe, Rome, Spain, Paris, Adare Manor, Ireland, Austria, Golden Valley , Minnesota, Sorrento, Dallas, United States, U.S, Italian, Andrews, New York

During the third quarter, U.S. dealmaking contributed to a larger-than-usual share of global activity and offset a decline in volumes in Europe and Asia Pacific, accounting for about half of global volumes. Deal volumes in Europe and Asia Pacific fell 31% and 9%, respectively. To date, private equity deal volumes have slumped 48% to $313.73 billion, compared to the same period last year. Deal activity driven by activist shareholders was muted as several big-name activists reached settlements with corporate boardrooms. Dealmaking in technology, which typically accounts for the largest share of deal volumes, has fallen 51% so far this year.

Persons: Brendan McDermid, dealmaking, We're, Melissa Sawyer, Sullivan, Cromwell, dealmakers, headwinds, Tony Kim, Roark Capital's, ”, Andre Kelleners, Goldman Sachs, Naveen Nataraj, Kappa, WestRock, it’s, Rob Kindler, Weiss, Garrison, it'll, Anton Sahazizian, Anirban Sen, Timothy Gardner Organizations: REUTERS, Cromwell LLP, Asia Pacific, Investment, U.S . Steel, Centerview Partners, U.S . Investment, Evercore Inc, Cisco, Splunk Inc, Fidelity National Information Services, Reuters, Paul, Moelis, Thomson Locations: New York City, U.S, United States, Europe, Asia, Cleveland, Rifkind, Wharton, New York, London

Sept 18 (Reuters) - Cadence Bank (CADE.N) CEO Dan Rollins calls the regional banking crisis from earlier this year "March madness." Interviews with half a dozen regional bank executives and economists show the March banking crisis has had a lasting impact on the regional banking industry and the economy. Torsten Slok, chief economist at Apollo Global Management, said the banking crisis had "a magnifying effect" on the Fed's tightening but its full impact would come with a lag. The failure triggered a crisis of confidence, with depositors moving their money from regional banks to the perceived safety of the largest lenders. The KBW Regional Bank Index (.KRX) is down about 20% since early March despite a summer rebound.

Persons: Dan Rollins, Rollins, Mark Zandi, ”, Zandi, Torsten Slok, Slok, Cadence's Rollins, Steve Wyett, Wyett, Banks, Cadence’s Rollins, Randy Chesler, Chesler, Moody's Zandi, Jeff Jackson, Raj Singh, Singh, Paritosh Bansal, Anna Driver Organizations: Cadence Bank, Moody’s, Apollo Global Management, Bank, Reuters Graphics, Valley, Regional, BOK, Federal, Loan, Thomson Locations: . Federal, Silicon, Tulsa , Oklahoma, Kalispell , Montana, Wheeling , West Virginia

☆ Legendary investor Jeremy Grantham rang the alarm on stocks and recession, warned about the housing market, and hailed Elon Musk's Tesla. Here are his 10 best quotes from a recent event.
▼ + stars: | 2023-09-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Jeremy Grantham issued grim warnings about the US stock market and economy this week. Grantham touched on meme stocks, banking risks, real estate, commodities, and Elon Musk's Tesla. GMO's cofounder and long-term investment strategist also reflected on his inadvertent investment in a meme stock, advised against buying real estate or commodities, and touted Elon Musk's Tesla and other companies fighting climate change. "I would be very careful with real estate. So I wouldn't touch real estate."

Persons: Jeremy Grantham, Grantham, Elon Musk's Tesla, There's, it's, dopey VWs, they've Organizations: Service, Livewire Markets, General Motors, Panasonic, dopey, Grantham Locations: Wall, Silicon, Sydney, craziness, Grantham

CNN —Demolition of the Los Angeles area home where Marilyn Monroe spent her last months has been put on hold by Los Angeles City Council, following a last-minute motion aimed at designating the house a Historic-Cultural Monument. Baron/Hulton Archive/Getty Images Norma Jeane Mortenson, who later changed her name to Marilyn Monroe, was born in 1926 in Los Angeles. Hulton Archive/Getty Images She was in several movies in 1950, including "The Asphalt Jungle" and "All About Eve." Hulton Archive/Getty Images Monroe wins a trophy at the "Star Of Tomorrow" Awards in Los Angeles in 1952. Bettmann Archive/Getty Images Monroe and former Yankees baseball player Joe DiMaggio leave city hall after their wedding.

Persons: Marilyn Monroe, Traci, Baron, Norma Jeane Mortenson, Gladys Baker, Marilyn, Claudette Colbert, Monroe, Jim Dougherty, Grace McKee, Grace, Michael Ochs, Norma Jeane, Emmeline Snively, Richard C, Miller, Donaldson, they're, Ben Lyons, Lyon, Theisen, he'd, Mira Sorvino, Frank Cronenweth, Peggy Martin, Shutterstock Monroe, Phil Moore, J R, she's, Johnny Hyde, Nancy Lee Andrews, you'll, Earl Leaf, Ray Anthony Band, Shutterstock, David Wayne, Christina Newland ., Kardashian, Amber Tamblyn, Alfred Eisenstaedt, Jane Russell, Joe DiMaggio, Amy Greene, Monroe's, Matty Zimmerman, DiMaggio, Joe, it's, Ella Fitzgerald, that's Ella Fitzgerald, Ed Feingersh, Elizabeth Winder, Ellen Burstyn, Arthur Miller, ullstein, He's, Harold Clements, Queen Elizabeth II, Laurence Olivier, Sugar Kane, Billy Wilder, I'm, Christina Newland, John F, Kennedy, Robert Kennedy, It's, Cecil W, Marilyn Monroe's, ”, “ Organizations: CNN, Los Angeles City Council, Department of Building, Safety, Hulton, Michael Ochs Archives, Model Agency, Century Fox, Columbia Pictures, Columbia, West Hollywood, Photoplay, Getty, Gentlemen, Fox, Hollywood, Bettmann, Yankees, US, Tiffany Club, New York, Grand Central, Queen, Royal, Daily Herald, Stoughton, Alamy, Los Angeles City, Historic Resources Locations: Los Angeles, Brentwood, Monroe, West Virginia, Columbia, Warrenburg , New York, American, Hollywood, Korea, York, New York, California, Hollywood , California, New, Grand, London, England, Polyclinic, Madison

☆ Kim Kardashian reveals she broke her shoulder
▼ + stars: | 2023-08-08 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Kim Kardashian is on the mend. The SKIMS creator revealed this week that she had broken her shoulder, but that she is doing better now. “I broke my shoulder and tore the tendon so I’ve been out of the gym for a few weeks but I’m back!” she said in a recent Instagram Story on her verified account. In the story Kardashian was with her trainer, Melissa Alcantara, who was helping her with a recovery workout. In May, Kardashian appeared on the “On Purpose with Jay Shetty” podcast, where she stressed the importance of her workouts.

Persons: CNN — Kim Kardashian, “, I’ve, Kardashian, Melissa Alcantara, ” Kardashian, “ Nothing’s, Jay Shetty, Kanye West Organizations: CNN Locations: Miami, Saint, Chicago

☆ Morgan Stanley: These are the 5 key themes shaping the housing market for years to come, and the 5 stock-market industries filled with opportunities and pitfalls investors need to watch for
▼ + stars: | 2023-08-02 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

Morgan Stanley economists see a stronger housing market cycle and interest rates being cut in 2024. Luckily, Morgan Stanley strategists think the housing market is finally reaching a turning point. That will mark the end of the current craziness and the beginning of a new housing market cycle. As for the US industries and stocks connected to the housing market, Wilson noted that tomorrow's market will bring about different winners and losers. Higher interest rates mean higher mortgage rates, and higher mortgage rates mean lower demand for mortgages.

Persons: Morgan Stanley, Mike Wilson, Wilson, homebuyers, there's, isn't, Morgan Stanley Wilson Organizations: Housing Locations: homeownership, rentership

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