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☆ We've made 165 recipes from celebrity chefs to find the best ones. Here are the winners in each category.
▼ + stars: | 2024-01-26 | by ( Business Insider | ) www.businessinsider.com time to read: +39 min

Read previewBusiness Insider put the best recipes from celebrity chefs head-to-head to find the most delicious salads, desserts, bread, beverages, and more. AdvertisementRead more about the winning recipe and full battle here: I tried 3 celebrity chefs' recipes for blueberry pancakes, and the best used whipped egg whites. Read more about the winning recipe and full battle here: I made 4 celebrity chefs' recipes for overnight oats, and the best was served in a cantaloupe. This celebrity chef's garlic bread was buttery, spicy, and not at all soggyThe texture of Guy Fieri's garlic bread was spot-on. AdvertisementRead more about the winning recipe and full battle here: I tried 3 celebrity chefs' recipes for white sangria, and the best was also the prettiest.

Persons: —, Paige Bennett, Tiffany Leigh, Bennett's, Bennett, Carla Hall's microwaved, Bobby Deen's, Nancy, Nancy Fuller, Ina Garten's, Read, Ree Drummond, Alton Brown, Curtis Stone, Flay's, Paige Bennett Bobby Flay's, Guy, Guy Fieri's, Tiffany Leigh Fieri's, pico de gallo, Leigh, roja, Gordon Ramsay's, Paige Bennett Bennett, Giada De Laurentiis, Trisha Yearwood, Aarón Sánchez, Fieri's, Alex Guarnaschelli's, Alex Guarnaschelli, Rachel Ray, Paula Deen, Carla Hall's cornbread, Alton Brown's, dill, Sunny, Paige Bennett Garten, Anderson's coleslaw, Guy Fieri, Ina Garten, Sunny Anderson, Lucien Formichella, Brown, Bobby Flay, Keller's, Thomas Keller, Daniel Boulud, skillet, Rachael Ray's, Alfredo, Katie Lee Biegel's fettuccine, Chelsea Davis, Ree Drummond's, Giada de, Chelsea Davis Davis, Drummond, De Laurentiis, Laurentiis, Davis, Duff, Bobby Flay's, Gordon, Bobby, Flay, papayas, pecans, caramelized pecans, we've, Sandra, Sandra Lee's boozy, milkshake, minty, Geoffrey Zakarian's margarita, Geoffrey, Rachael Ray's negroni, Ina Garten's mulled, Bobby Flay's Bloody Mary, Geoffrey Zakarian's, Ina, Gina Neely, Rachael Ray, Guarnaschelli, Ray Organizations: Service, Business, Insider Hall, Garten, kiwis, Alton, cranberries Locations: scone, Worcestershire, Garten, mayo, cayenne, Buffalo, Swiss chard, Ree, Moscow

☆ Attacks by Iran's militia allies are placing the Biden administration in a bind
▼ + stars: | 2024-01-24 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Attacks against US forces continue despite US warnings and military retaliations in Iraq and Syria. In Syria, the US military targeted facilities used by these militias and Iran's hardline Islamic Revolutionary Guard Corps, IRGC, paramilitary. But as attacks on shipping continued, the U.S. and Britain targeted Houthi positions and weaponry inside Yemen with repeated airstrikes in January.

Persons: —, Biden, Nicholas Heras, Asad, Ryan Bohl, RANE, Bohl, Washington, Lloyd Austin, Heras, Joe Biden Organizations: Service, New Lines Institute, US, Islamic Revolutionary Guard Corps, U.S, U.S . Central Command, East, Screengrab, Ministry of Defense, U.S . Navy, The New York Times, Hamas, Biden Locations: Iran, Iraq, Syria, United States, Baghdad, Gaza, Al, U.S, North Africa, Yemen, Red, Israel, Iranian

☆ Four predictions for 2024: Brian Sullivan's outlook for the new year
▼ + stars: | 2024-01-16 | by ( Brian Sullivan | ) www.cnbc.com time to read: +5 min

Coming off a wonderfully surprising stock market global boom of 2023, this year could be anybody's guess. Utility-scale solar projects are growing around the world, and Wall Street firm T.D. There is too much money chasing solar projects, someone has to win. Here's the thinking for 2024: global oil demand is going to grow, but given China's rolling economic pain it may increase by less than some expect. Russia remains robust on global markets despite sanctions, and OPEC may have done most of what it can to keep its member and allies production levels lower to balance out global markets.

Persons: Brendan Mcdermid, I'm, there's, we've, SolarEdge, T.D, Cowen Organizations: New York Stock Exchange, NextEra Energy Partners, SolarEdge, Investors, U.S, Nat, Citigroup Locations: New York City, U.S, Brazil, Guyana, Russia, OPEC, China, Saudi Arabia

☆ Mark Cuban shares the No. 1 jargon word he hates the most: ‘You sound stupid ... trying to sound smart’
▼ + stars: | 2023-12-20 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Mark Cuban is no fan of jargon — and the billionaire is far from alone. But using jargon words when you could opt for something simple and clear instead, typically has the opposite effect, according to Cuban. "Always use the simpler word," Cuban told Wired in an October video Q&A. "There's no reason to ever use the word 'cohort' when you could use the word 'group,'" he said. You sound stupid when you use the word 'cohort,' because you're trying to sound smart."

Persons: Mark Cuban, Warren Buffett, Buffett, Elon Musk, Adam Galinsky, Galinsky Organizations: Wired, Tesla, Columbia Business School, CNBC Locations: Cuban

☆ Deutsche Bank sees S&P 500 gaining more than 11% and reaching a record next year
▼ + stars: | 2023-11-27 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Deutsche Bank expects the S & P 500 could climb more than 11% to a record next year — and said its base case seems "conservative." The investment bank set its 2024 year-end S & P 500 target at 5,100, or more than 11% above where the broader index closed Friday at 4,559.34. In its bull case, Deutsche Bank expects the S & P 500 could even climb to 5,500, or more than 20% above where the benchmark closed last. "We note that the S & P 500 has been in a clear trend up channel since the [Great Financial Crisis]. Goldman Sachs' David Kostin expects the S & P 500 will chop around and finally end next year at 4,700 .

Persons: —, Jim Reid, Reid, America's Savita Subramanian, Lori Calvasina, Goldman Sachs, David Kostin Organizations: Deutsche Bank, Bank, America's Locations: London, financials

The economy is likely already in recession and is expected to contract again next year. Shortly after being sworn in as economy minister, Massa in August 2022 pledged to stop printing money to fight inflation. "Markets will likely prefer a Milei victory simply because he is more credible on delivering the fiscal adjustment." "Every investor understands that the macroeconomic adjustments that Argentina needs will inevitably translate into short-term pain." For investors, Argentine stocks traded in New York (.MIAR00000PUS) have been a beacon of hope, up near 15% year to date.

Persons: Sergio Massa, Javier Milei, Luis Robayo, Pilar Tavella, Alejo Czerwonko, Massa, Carlos de Sousa, UBS's, JPMorgan's Diego Celedon, Celedon, Rodrigo Campos, Adam Jourdan, Lisa Shumaker Organizations: por la Patria, La Libertad, University of Buenos, Law School, Global, Peronist, Barclays, Reuters Graphics Reuters, Argentina, Monetary Fund, Itau, IMF, Emerging, UBS Global Wealth Management, Vontobel Asset Management, Argentine, UBS, Thomson Locations: Argentina, University of Buenos Aires, Buenos Aires Argentina, New York, Argentine, outperforming

COLUMBIA, S.C. (AP) — The Republican Party’s once-crowded 2024 presidential primary field has suddenly shrunk to just a handful of viable candidates. Instead, the fight between Nikki Haley and Ron DeSantis for a distant second place appears to be intensifying. Political Cartoons View All 1244 Images“Now I’m hoping the field clears and it’s Nikki Haley one-on-one with the former president,” Druckenmillier told The Associated Press. Scott entered the 2024 campaign to much anticipation — especially in Iowa — as a close friend to Iowa Sen. Joni Ernst and a devoted evangelical Christian. And his modest share of support in late-summer Iowa polls shrunk by late fall as DeSantis and Haley appeared more viable.

Persons: Republican Party’s, Sen, Tim Scott of, Donald Trump, Nikki Haley, Ron DeSantis, Iowa's Jan, Haley, Scott's, Stanley Druckenmillier, Scott, ” Druckenmillier, Andrew Romeo, Mike Pence, ”, DeSantis, Kim Reynolds, Tim Scott, ” Romeo, “, Nikki Haley’s, Trump, Vivek Ramaswamy, Christie, Doug Burgum, Asa Hutchinson, they're, Pence, Privately, Ron DeSanctimonious, Nikki ‘ Birdbrain ’ Haley, ‘, Tim, ’, ’ ”, Iowa Sen, Joni Ernst, Republican bundler Eric Levine, ” Levine, “ It’s Nikki, Devin O’Malley, Pence’s, He’s, ” O’Malley, ___, Beaumont Organizations: COLUMBIA, Republican, GOP, United Nations, Associated Press, Iowa Gov, New, New Jersey Gov, Christie . North Dakota Gov, Arkansas Gov, Trump, South, Fox News, AP, Iowa GOP, ___ Peoples Locations: Tim Scott of South Carolina, Scott's South Carolina, Florida, Iowa, Alabama, New Jersey, Christie ., New Hampshire, South Carolina, New York, Des Moines , Iowa

☆ ANALYST VIEW Argentina vote headed for runoff between ruling Peronist and radical Milei
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

[1/2] Argentina's presidential candidate Sergio Massa addresses supporters as he reacts to the results of the presidential election, in Buenos Aires, Argentina October 22, 2023. REUTERS/Mariana Nedelcu Acquire Licensing RightsLONDON, Oct 23 (Reuters) - A stronger-than-expected showing by Argentina's ruling Peronist coalition at a general election on Sunday has set the stage for a run-off vote on Nov. 19 between Economy Minister Sergio Massa and far-right radical Javier Milei. First, any announcements by the two candidates advancing to the second round. MARIANO MACHADO, PRINCIPAL AMERICAS ANALYST, VERISK MAPLECROFT, MALAGA"It is true that in the first round, societal mood shied away from radical change; but in the second round, pro-change voters may shift to Milei to oust Kirchnerism from power." The combination of a libertarian candidate pushing for dollarisation, with minister Massa hiking the money-printing machine to produce a political miracle for ‘candidate’ Massa could finally push macroeconomic variables off the cliff’s edge."

Persons: Sergio Massa, Mariana Nedelcu, Argentina's, Javier Milei, SERGIO ARMELLA, GOLDMAN SACHS, Massa, Milei, DIEGO W, PEREIRA, Patricia, Bullrich’s, Juan, MARIANO MACHADO, VERISK, Kirchnerism, ’ Massa, Karin Strohecker, Kirsten Donovan, Bernadette Baum Organizations: REUTERS, Peronist, JPMORGAN, NEW, Thomson Locations: Buenos Aires, Argentina, AMERICAS, VERISK MAPLECROFT, MALAGA, Rosario

NEW YORK (AP) — Errol Morris has just sat down with a reporter when his wife calls. The film, which opens Friday in select theaters and on Apple TV+, is based on le Carré's 2016 memoir of the same name. AP: The central, mysterious metaphor of le Carré's, “The Pigeon Tunnel" — a tunnel that funnels pigeons to shotgun-wielding men — looms throughout the film. Morris: I’ve often compared the writing to a Kafka parable, except John le Carré wrote it. I say to (le Carré) at some point: “History is chaos.” And he agrees, “History is chaos.”

Persons: — Errol Morris, “ I’m, ” Morris, ”, Morris, John le Carré, “, “ Tinker, le, David Cornwell, It's, Ed Gein, Robert Bloch’s, Alfred Hitchcock’s, … Morris, It’s, Ed Gein’s, Didn’t Freud, I’ve, Robert McNamara, vindicating, —, Saul Kripke, David, Steve, Bannon Organizations: Apple, Research Locations: British, Waushara County , Wisconsin, Morris

☆ US durable goods orders beat expectations; core capital goods rebound
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +3 min

Durable goods are seen on sale in a store in Los Angeles, California, U.S., March 24, 2017. Part of the surprise increase in durable goods orders reported by the Commerce Department on Wednesday, however, likely reflected higher prices as inflation picked up last month. Economists polled by Reuters had forecast durable goods orders falling 0.5% last month. These so-called core capital goods orders were previously reported to have edged up 0.1% in July. Core capital goods shipments rebounded 0.7% after falling 0.3% in July.

Persons: Lucy Nicholson, Priscilla Thiagamoorthy, Lucia Mutikani, Andrea Ricci Organizations: REUTERS, Commerce Department, BMO Capital Markets, Reuters, Machinery, Institute, Supply, PMI, United Auto Workers, General Motors Co, Ford, Thomson Locations: Los Angeles , California, U.S, WASHINGTON, Toronto, muddle

☆ Iowa evangelical voters are 'exhausted' by Trump and could 'upend' his run for the presidency, a prominent Iowa conservative says
▼ + stars: | 2023-09-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Conservative leader Bob Vander Plaats said that the road to the GOP nomination goes through Iowa. And Vander Plaats told CNN that evangelical voters are both "appreciative" and "exhausted" of Trump. Trump recently said the six-week abortion ban in Fla. signed by DeSantis was a "terrible mistake." "It showed a character thing with Trump that he cast the blame on the pro-life movement," he told the newspaper. DeSantis on Monday blasted Trump's remarks during an interview on Radio Iowa, questioning the former president's anti-abortion credentials.

Persons: Bob Vander Plaats, Vander Plaats, DeSantis, upend Trump, Trump, — Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett —, Roe, Wade, Ron DeSantis, Trump's Organizations: GOP, CNN, Trump, Service, Republicans, Hawkeye State, New York Times, underperformed, Times, Florida Gov, Radio Iowa Locations: Iowa, Fla, Wall, Silicon

☆ The most predictable impeachment investigation in American history
▼ + stars: | 2023-09-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

CNN —The initiation of an impeachment investigation against a president ought to be an earthshaking moment in the nation’s history. Republicans could use an impeachment investigation of the president to fuel public suspicion over Hunter Biden’s cascading controversies. But the coming impeachment investigation represents a gamble for Republicans since it could cause a backlash in moderate districts that their majority depends on. Ian Sams, a White House spokesman for oversight and investigations, blasted the impeachment investigation as “extreme politics at its worst.”But the strain of an impeachment inquiry is hardly the way the White House would have preferred to prepare for election year. If the impeachment investigation does uncover more direct involvement of Joe Biden, condemnations of McCarthy’s action may have been premature.

Persons: Kevin McCarthy, Joe Biden, McCarthy, –, Biden, thrall, Trump, It’s, “, Hunter, They’ll, McCarthy’s, Joe Biden’s, Ian Sams, Hunter Biden’s, David Ignatius, didn’t, Kamala Harris, Democratic Sen, Dick Durbin, Hunter Biden, Jared Kushner, Nancy Pelosi, Alexander Hamilton, impeachments, ”, it’s, Matt Gaetz, Bill Clinton, Monica Lewinsky, Trump’s, Richard Nixon, David Bateman, Clinton, ” Bateman, there’s, who’s, Chris Christie, CNN’s Jake Tapper, Biden augured, Dan Newhouse, Pelosi, Will, ” McCarthy Organizations: CNN, Republican, GOP, White, Trump, California Republican, Mar, Republicans, Washington Post, Democratic, Representatives, ”, Clinton, Lawmakers, Cornell University, New, Washington, Senate Locations: United States, California, China, Ukraine, –, Florida, New Jersey

That sobering view of a post-pandemic global economy emerged from research organized by the Kansas City Federal Reserve and debated here this past weekend. "This puts us in a bleak setting, thinking about the parts of the world that are labor rich but capital poor," he said. "I do remember a time, maybe a more naive time...when more trade would create friends," said Ben Broadbent, deputy governor of the Bank of England. If there was a potential bright spot, it was around the discussion of advances in artificial intelligence as a possible driver of higher productivity. Reporting by Howard Schneider; Editing by Dan Burns and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

Persons: JACKSON, Pierre, Olivier Gourinchas, Gourinchas, Maurice Obstfeld, Barry Eichengreen, Eswar Prasad, Donald Trump, Biden, Jared Bernstein, Bernstein, Ben Broadbent, Ngozi Okonjo, Iweala, Trump, Nela Richardson, Howard Schneider, Dan Burns, Andrea Ricci Organizations: Kansas City Federal Reserve, U.S, Monetary Fund, Fed, Peterson Institute for International Economics, International Monetary Fund, University of California, Cornell University, U.S . White House Council, Economic, Biden, Bank of England, Trade Organization, Thomson Locations: , Wyoming, Ukraine, China, West, Washington . China, U.S, Berkeley, Japan, Nigeria, Russian, Europe

☆ On Our National Mall, New Monuments Tell New Stories
▼ + stars: | 2023-08-17 | by ( Blake Gopnik | ) www.nytimes.com time to read: +2 min

Combine those three terms, and you often end up in a glorious muddle. For just one month, Friday, Aug. 18 through Sept. 18, the National Mall will be hosting “Pulling Together,” an open-air exhibition that tests what works best, or fails least, when artists, publics and monuments are brought together. “Pulling Together” makes room for monuments that talk, for instance, about Black church leaders with AIDS, about the schoolchildren who cut through Washington’s color line, and about Asian migration after America’s war in Vietnam. (One shocking absence: art that addresses the sexism undermining half the world’s humans. The show is planned as the first installment in “Beyond Granite,” a series of temporary public projects led by the Trust for the National Mall with the National Capital Planning Commission and the National Park Service.

Persons: Paul Farber, Salamishah Tillet, Lincoln, Farber Organizations: Art, AIDS, Trust, National Capital Planning Commission, National Park Service, Rutgers University, The New York Times, Mellon Foundation Locations: Vietnam, Philadelphia

☆ Two Big Tech names and a luxury retailer made headlines. Here's our take on each
▼ + stars: | 2023-07-27 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Club holdings Meta Platforms (META), Microsoft (MSFT) and Estee Lauder (EL) all made headlines Thursday surrounding solid quarterly earnings, regulatory challenges and analyst downgrades. The Club remains highly bullish on these two Big Tech names, while continuing to muddle through with our embattled China-exposed cosmetics-retail play. Here's the latest developments at Meta, Microsoft and Estee Lauder — along with our take on the news. META YTD mountain Meta Platforms Inc. (META) year-to-date performance. Shares of Estee Lauder closed down 2.6% Thursday, at roughly $173 apiece.

Persons: Estee Lauder, downgrades, Estee Lauder —, Mark Zuckerberg, It's, Jeff Marks, Lauder, Jefferies, it's, Jim Cramer's, Jim Cramer, Jim, Rafael Henrique Organizations: Meta, Microsoft, Big Tech, Inc, Union, EU, Wall, CNBC, Getty Locations: China, Asia

☆ What the Collapse of Spain’s Far Right Means Going Forward
▼ + stars: | 2023-07-24 | by ( Jason Horowitz | More About Jason Horowitz | ) www.nytimes.com time to read: +1 min

Europe’s liberal and moderate establishment breathed easier on Monday after Spain’s nationalist Vox party faltered in Sunday’s elections, stalling for now a surge from far-right parties around the continent that seemed on the brink of washing over even the progressive bastion of Spain. But instead of Vox becoming the first hard-right party to enter government in Spain since the end of the Franco dictatorship nearly 50 years ago, as many polls had predicted, it sank. The party’s poor returns at the polls also took down the underperforming center-right conservatives who had depended on Vox’s support to form a government. As a result, no single party or coalition immediately gained enough parliamentary seats to govern, thrusting Spain into a familiar political muddle and giving new life to Prime Minister Pedro Sánchez, who only days ago seemed moribund. Suddenly, Mr. Sánchez appeared best positioned to cobble together another progressive government in the coming weeks to avoid new elections.

Persons: “, ”, Giorgia Meloni, Vox, Pedro Sánchez, Sánchez Organizations: Vox, Repubblica Locations: Spain, Europe, Italy

☆ Inconclusive Election Thrusts Spain Into Political Muddle
▼ + stars: | 2023-07-23 | by ( Jason Horowitz | More About Jason Horowitz | ) www.nytimes.com time to read: +1 min

Spain was thrust into political uncertainty on Sunday after national elections left no party with enough support to form a government, most likely resulting in weeks of horse trading or potentially a new vote later this year. Returns showed most votes were divided between the center right and center left. But neither the governing Socialist Party of Prime Minister Pedro Sánchez nor his conservative opponents won enough ballots to govern alone in the 350-seat Parliament. The outcome was an inconclusive election and a political muddle that has become familiar to Spaniards since their two-party system fractured nearly a decade ago. It seemed likely to leave Spain in political limbo at an important moment when it holds the rotating presidency of the European Council as it faces down Russian aggression in Ukraine.

Persons: Pedro Sánchez Organizations: Socialist Party of, Vox, European Council Locations: Spain, Ukraine

☆ Are We Doomed to Witness the Trump-Biden Rematch Nobody Wants? - The New York Times
▼ + stars: | 2023-07-20 | by ( Pamela Paul | ) www.nytimes.com time to read: +2 min

We continue to have a deeply divided Congress and electorate, a good chunk of which is still maniacally in Trump’s corner. A Biden-Trump rematch feels like a concession, as if we couldn’t do any better or have given up trying. The sentiment most Democrats seemed to muster in Biden’s favor while he was running was that he was inoffensive. Democrats and the media seem to have become more vocal in pointing out the hazards of Biden’s advancing age. When asked point blank whether it’s time for him to step aside, Biden said, almost tangentially, “I just want to finish the job.”

Persons: Biden, He’s, Trump, Biden’s mutter, ”, Ruth Bader Ginsburg, Dianne Feinstein, Biden shouldn’t, Nicolle, Fareed Zakaria, Biden waded, Xi Organizations: Biden, Trump, Blacks, Democrats, MSNBC Locations: Trump’s, China

Rising tensions between Washington and President Nayib Bukele's government, dwindling prospects of a financing deal with the International Monetary Fund (IMF) and the fallout from bitcoin becoming legal tender against a wider difficult macro backdrop had seen El Salvador bonds drop to a quarter of face value last July. "In the summer of 2022, El Salvador bond prices were divorced from fundamentals," said Aaron Stern, managing partner and chief investment officer at Converium Capital in Toronto, who has been holding the country's bonds since last year. "The market was concerned about the administration's willingness to pay," he said, but even now El Salvador offers attractive value when compared to a number of better priced emerging market sovereigns. These were the best performing among sovereign bonds in the first half of the year, with total returns near 60%. "In a year where carry is the main driver of total returns, investors are going to be reticent to take profits too early," said BNP Paribas' Nathalie Marshik, a managing director for Latin America fixed income.

Persons: Nayib Bukele's, buybacks, Aaron Stern, Alejandro Werner, Bukele, there's, Shamaila Khan, Nathalie Marshik, Marshik, Rodrigo Campos, Karin Strohecker, William Maclean Organizations: YORK, Central, International Monetary Fund, El, IMF, Converium Capital, Reuters, Emerging Markets, Asia Pacific, UBS Asset Management, Reuters Graphics JPMorgan, Thomson Locations: El Salvador, Central American, Washington, Toronto, it's, America

☆ The Supreme Court’s Elections Muddle
▼ + stars: | 2023-06-28 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/moore-v-harper-supreme-court-election-law-state-legislature-north-carolina-john-roberts-ae6517dc

Persons: Dow Jones, moore, harper, roberts Locations: carolina

☆ Hopefully we can 'muddle through' the market environment, EQT CEO says
▼ + stars: | 2023-06-08 | 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 EmailHopefully we can 'muddle through' the market environment, EQT CEO saysChristian Sinding, CEO of EQT, says "when the capital markets stabilize … I think we can some more activity going."

Persons: Christian Sinding

☆ Britain is getting so desperate to tame inflation it’s talking about food price caps
▼ + stars: | 2023-05-30 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

Food inflation dipped slightly to 15.4% in May, but that’s still the second-highest rate on record. But chocolate and coffee prices are rising as global commodity prices soar, British Retail Consortium CEO Helen Dickinson said. Price controls anyone? “The current food price shock does not warrant such an intervention,” he added. Brexit is responsible for about a third of UK food price inflation since 2019, according to researchers at the London School of Economics.

☆ Pakistan’s political crisis will deepen its economic misery
▼ + stars: | 2023-05-12 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

London CNN —The political unrest that’s engulfed Pakistan since former Prime Minister Imran Khan was arrested earlier this week will complicate efforts to secure a financial lifeline from the International Monetary Fund and exacerbate the country’s economic crisis. Pakistan’s economic meltdownThe political tumult in Pakistan comes as the country grapples with a dire economic outlook. The government has been working with the International Monetary Fund to resume a financing program that’s been stalled since November and expires in June. Prime Minister Shehbaz Sharif said in a televised address Friday that the country’s economic problems stem from his predecessor. In February, the ratings agency said about 50% of government revenue will need to go to debt interest payments “for the next few years,” compounding economic woes and fanning political discontent.

☆ Opinion: Jonathan Majors case raises urgent questions
▼ + stars: | 2023-04-21 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +9 min

As someone who has spent her career writing about and reporting on women’s rights, including domestic violence, I see them as the exact opposite of exonerating. All acts of intimate partner violence are equally wrong, but they are not equally predictive of greater violence. As long as it’s an institution that emphasizes hypermasculinity and doesn’t fully accept women, it will be an institution where domestic violence remains a problem. And finally, we know that domestic violence victims often blame themselves. And these same sexist stereotypes infuse media coverage and public conversations about partner violence.

☆ Only the big will crack the $1 trln LBO code
▼ + stars: | 2023-04-12 | by ( Jonathan Guilford | ) www.reuters.com time to read: +9 min

Lenders will only tiptoe back, meaning deals need the big checks and extra elbow grease in credit markets that favor the largest private equity firms. Private equity firms depend on borrowed money to reduce how much of their own they use in any single deal and to magnify returns as a percentage of their initial investment. Imagine a private equity firm acquires a company for $1 billion, then flips it five years later for $1.5 billion. Though the private equity industry is awash in so-called dry powder, fundraising is increasingly tilting to the largest fund managers. Buyout firms are apt to keep their plans more conservative to garner higher ratings – meaning, again, less leverage and more upfront cash.

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