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☆ An interior designer critiqued my neutral living room. Her tips showed me easy tricks to make a space cozy and stylish.
▼ + stars: | 2024-02-29 | by ( Cheyenne Lentz | ) www.businessinsider.com time to read: +6 min

One that's been especially difficult to design is the living room. Our new home's living room has a built-in wood-burning stove and a shiplap ceiling. AdvertisementAfter sharing photos and a video tour of my space, Turner shared advice on how to make my living room feel more stylish and cozy. Cheyenne LentzThe biggest issue I've faced in decorating our living room is figuring out how to incorporate the fireplace into our design. Hiding wires and clutter can easily upgrade the roomThe designer suggested we minimize the items on our TV shelf.

Persons: —, it's, there's, Kim Turner, Turner, Cheyenne Lentz, I've, Lentz, You'll, Cheyenne Lentz Turner, that'd Organizations: Service, Business, Kim Turner Design

☆ 'Stocks can get whacked': A 44-year market veteran warned the S&P 500 could fall 28% as earnings and rate cuts disappoint — but these 6 investments will thrive anyway
▼ + stars: | 2024-02-07 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Strong earnings, or rate cuts? Instead of worrying about weak earnings growth and persistently high interest rates, investors are now counting on the opposite. Markets should cut their expectations by half and prepare for mid-single-digit profit growth and three to four rate cuts, Doll said. At that point, a flurry of rate cuts from the Fed wouldn't be enough to save stocks, the Crossmark CIO said. However, there are two mega-cap growth stocks that Doll is enamored with: Meta Platforms ( META ) and Microsoft ( MSFT ).

Persons: —, Bob Doll, Doll, who's, . Doll, they're, I'm Organizations: Service, Global Investments, Business, Federal Reserve, BlackRock, Consumer, Microsoft, IBM Locations: Nuveen, What's

☆ The 6 biggest questions about ESPN, Fox, and WBD's new sports streamer
▼ + stars: | 2024-02-07 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +4 min

ESPN parent Disney and Fox report earnings on Wednesday, and more answers could be on the way. Here are six of the biggest questions coming out of the new announcement:How much will it cost? This new streamer could be the thing that finally kills cable TV. If they believe it has promise, could it give ESPN, Fox, and WBD more bargaining power in sports-right negotiations and greater ability to shoulder the sky-high costs? Will this new streamer come to the negotiating table for more sports rights to pad out its offering?

Persons: Bernstein, Paul Verna, Brian Weiser, there's, Disney's Bob Iger, Fox's Lachlan Murdoch, WBD's David Zaslav Organizations: ESPN, Disney, Fox, CNBC, YouTube, NBC, English Premier League —, Insider Intelligence, Business, Hulu, Netflix, JV, Amazon Locations: Madison, Disney's

☆ 'The Traitors' victim Ekin-Su says being buried alive was an 'iconic' way to die
▼ + stars: | 2024-01-23 | by ( Caralynn Matassa | Kirsten Acuna | ) www.businessinsider.com time to read: +13 min

I've had people say to me that the energy went down and people started to get really, really argumentative in there, so it's what happens when you get rid of me. Speaking of "Love Island," obviously you and Bergie were representing "Love Island" UK and US on "The Traitors." I love "Love Island," but for me, "Love Island" was 2022 season eight, and for me, that is a chapter closed. There's so much I want to do in my life now, and I don't think "Love Island" fits in that category. I'd love to host shows like "Love Island," but I definitely wouldn't go back as a contestant.

Persons: Su Cülcüloğlu, Cülcüloğlu, John Bercow, Janelle Pierzina, —, Parvati Shallow, Parvati, Peacock, Su, It's, I'm, Phaedra, Dan, hasn't, I've, Alan Cumming, Peter, Dan Gheesling, Alan, Janelle Janelle, Janelle —, Janelle, John, Euan Cherry, That's, We've, Peter I, You've, Sandra, Davide Ekin, Davide Sanclimenti, Adam, David M, Davide, Maura Higgins, he'd, Larsa, Marcus, Larsa would've, they're, That'd, Su Culculoglu, Victoria Jones, you've Organizations: Business, Service, Square, Getty Locations: Cineworld, London, England

☆ 'Anyone but You' was a sleeper hit at the box office. Its success proves Hollywood needs to reinvest in romantic comedies.
▼ + stars: | 2024-01-19 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +9 min

It has made over $80 million worldwide and proven big studio rom-coms can still find audiences. In December, he welcomed the audience at the New York City premiere to "the last romantic comedy to be made by a Hollywood studio." Its remarkable performance proves the studio rom-com is built for a comeback. SonyThe rom-com should make its move now in the wake of superhero burnout"Anyone but You" certainly isn't the first studio rom-com to find box-office glory in the last few years. So, for now, fans of the genre must wait and see if Hollywood will move forward with more romantic comedies.

Persons: —, Will Gluck, Glen Powell, Sydney Sweeney, Singer, coms, Powell, Zoey Deutch, Scott Meslow, Sandra Bullock, Channing Tatum's, George Clooney, Julia Roberts, Jennifer Lawrence's, Marvel, John Fithian, Sweeney Organizations: Service, Sony, New, New York City, Hollywood, Marvel, Netflix, Sydney Opera House, Nielson, National Association of Theatre Owners, Audiences Locations: New York, Australia, Seattle, Sydney, Hollywood

☆ I moved to the middle of Canada, where the affordable healthcare is great, but the closest city is 2 hours away and I can't find anything cheap on Amazon
▼ + stars: | 2024-01-19 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

Leslie Redmond, 37, moved to Winnipeg, Canada, from Alaska in 2022. There's a really big Ukrainian population and a really big Polish population. So there are a lot of flavors and foods that are really ubiquitous up here that I wouldn't have had in the States. That was the case across Canada — and across the US — but I think that's kind of slowed down a little bit now. I would say Winnipeg is pretty equivalent to Alaska, but Alaska is higher than what you would find in the lower 48.

Persons: Leslie Redmond, —, It's, I've, Redmond, I'd, Justin Reitsma, they're, it's Organizations: Service, of Agricultural, Food Sciences, University of Manitoba Locations: Winnipeg, Canada, Alaska, There's, States, North Dakota, Vancouver, Quebec, Yukon, we're, Grand Forks, Target, there's, Manitoba, Redmond, oceanside

☆ Starbucks workers say they're worried about the new reusable cup program
▼ + stars: | 2024-01-05 | by ( Gloria Dawson | ) www.businessinsider.com time to read: +6 min

But some baristas are worried about how the reusable cup program will actually work. And will handing over a personal cup at the front of a drive-thru line slow down all the orders behind? Business Insider spoke to three Starbucks baristas about the reusable cup program. The Starbucks spokesperson said baristas got training on the new personal cup program — including practice time. I just can't see this working for morning rushes when we get like 30+ mobile orders per half hour."

Persons: —, they're, it's, barista, there's, baristas, we're Organizations: Starbucks, Service, Business, BI, Mobile Locations: Atlanta, Israel, Colorado, Texas

☆ George Kittle's pre-game meal includes loaded breakfast bowls and filets
▼ + stars: | 2023-12-03 | by ( Meredith Cash | ) www.businessinsider.com time to read: +4 min

If the game starts closer to the evening — think Sunday Night Football, Monday Night Football, or Thursday Night Football — the four-time Pro Bowler still starts the day with his jam-packed breakfast bowl. AdvertisementIn recent years, the 30-year-old has added another pre-game boost — one fueled by superstition — to his meal plan: a pumpkin loaf from Starbucks. Rob Schumacher-USA TODAY Sports"It is on and off a little bit," Kittle told BI. "So we were like, okay, no pumpkin loaf for a little bit," he added. "And I think it went pretty well for us on Thursday Night Football."

Persons: George Kittle, Kittle, —, Alka, Seltzer, Ross D, Pro Bowler, Sergio Estrada, Rob Schumacher Organizations: San Francisco 49ers, NFL, Service, Business, Franklin, Football, USA, GQ, 49ers, Seattle Seahawks, Starbucks Locations: Kittle, Seattle

☆ The hidden expense that's sucking $74 billion out of the economy
▼ + stars: | 2023-11-30 | by ( Bartie Scott | ) www.businessinsider.com time to read: +14 min

They said rising costs kept the board from expanding amenities residents wanted, such as a shared composting system. jhorrocks/Getty ImagesRising price for peace of mindIn the constellation of household costs, insurance is often one of the lesser-noticed line items. But recently the rising cost of repairs and the frequency of damaging weather events have made the deal go sour. Rising insurance costs could inflict more pain on another bruised area of the economy: housing affordability. For this reason, insurance companies could decline to cover them or require costly upgrades before agreeing to a policy.

Persons: that'd, Mark Pauly, Tim Quinlan, you'll, Quinlan, it's, Francesco D'Acunto, D'Acunto, Pauly, they've, Nature, John Coletti, That's, Bartie Scott Organizations: Insurance, Research, Bank of America, Global, American, Casualty Insurance Association, University of Pennsylvania's Wharton School of Business, Insurance Information Institute, Georgetown University's McDonough School of Business, Social Security, National Flood Insurance, Business Insider's Locations: Logan, Chicago, Florida, Wells Fargo, California

☆ Chinese electric car maker BYD is about to steal Tesla's crown. Here's why it's winning the race.
▼ + stars: | 2023-11-18 | by ( Nathan Rennolds | George Glover | ) www.businessinsider.com time to read: +6 min

China is the world's electric vehicle leader, with 64% of total production and 59% of global EV sales in 2022, according to the World Economic Forum. One of its biggest EV producers, BYD , looks set to topple Tesla's position as the world's top seller of electric cars. AdvertisementCheaper EVsTesla sells just four cars – the Model S and Model 3 sedans, and the Model X and Model Y SUVs. Advertisement"2023 is set to be another banner year for China in terms of EV sales," the data company said. Seeing BYD overtake Tesla in the EV race may not bring any festive cheer for Elon Musk this holiday season.

Persons: Tesla, —, Tesla's, BYD, Elon, John Keeble, Seth Goldstein, that's, Goldstein, Teslas, Musk, Morgan Stanley, Lin Shanchuan, China's, Mazzocco, Morningstar's Goldstein, Stella Li Organizations: Service, Economic, EV, Elon Musk's, Yuan, Battery, Center for Strategic, International Studies, Getty, Tesla Beijing, Rho, Reuters, Bloomberg Locations: China, Shanghai, Washington ,, Fujian, Xinhua, Norway, America

☆ Read the secret Signal messages that could help put Sam Bankman-Fried behind bars
▼ + stars: | 2023-10-19 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Sam Bankman-Fried appears at federal court in New York on Oct. 4, 2023, in this courtroom sketch. Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. In a direct appeal to Bankman-Fried, Singh wrote on Nov. 6, 2022, "one thing that'd seriously help me is if I didn't have debts." Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried.

Persons: Sam Bankman, Fried, Claudia Johnson, Caroline Ellison, Gary Wang, Nishad Singh, Ryan Salame, Damian Williams, Yuki Iwamura, Ellison, Bankman, Joe Bankman, Ramnik Arora, Ryne Miller, Constance Wang, Singh, Wang, reassurances, FTX, Changpeng Zhao, he'd, Um, Sam, Binance, Zhao, it's, Sam Trabucco, Ben Xie, Michael Lewis, Lewis, Adam Yedidia, Yedidia, chares, SDNY Singh, Gabe, Salame, Michael Sadowsky, Sadowsky, FTX's, Dawn Giel Organizations: Alameda Research, Stanford, Bloomberg, Getty, Massachusetts Institute of Technology, alameda, Prime Trust Bank Locations: New York, Alameda, Manhattan, U.S, FTX, Sequoia, Alameda's, Bahamas

☆ CNBC Daily Open: Consumers in U.S. and China are powering their economies
▼ + stars: | 2023-10-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The bureau also said retail sales spiked 5.5% and industrial production grew 4.5% in September, compared with a year earlier. U.S. markets wavered Tuesday as investors digested September's U.S. retail sales report and third-quarter earnings from banks. Retail sales in China also jumped more than expected in September, buoying the country's third-quarter GDP growth. Indeed, the specter of high inflation and, correspondingly, higher-for-longer interest rates, haunted the retail report, at least for the U.S.

Persons: Goldman Sachs, David Russell of TradeStation, That'd, It's, Russell, Chris Zaccarelli Organizations: CNBC, Bank of America, Bank of, National Bureau of Statistics, Consumers, U.S, Treasury, Nasdaq, Dow Jones, Independent, Alliance Locations: China, Asia, Pacific, Shanghai

☆ How Saudi Crown Prince Mohammed bin Salman went from pariah to pragmatic diplomat
▼ + stars: | 2023-10-07 | by ( Polly Thompson | ) www.businessinsider.com time to read: +10 min

Saudi Crown Prince Mohammed bin Salman is trying to transform the oil-rich Persian Gulf kingdom. AdvertisementAdvertisementSaudi Crown Prince Mohammed bin Salman is on a mission to transform his country. Billboards show portraits of Saudi Arabian Crown Prince Mohammed bin Salman (R) and his father and Saudi Arabia's King Salman bin Abdulaziz. US President Joe Biden (L) being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman (R) at Alsalam Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. President Joe Biden gives Saudi Crown Prince Mohammed bin Salman a handshake at the G20 summit this September.

Persons: Prince Mohammed bin Salman, he's, —, Prince Mohammed didn't, King Salman, Fahda bint Falah, Saud, Saudi Arabian Crown Prince Mohammed bin Salman, Saudi Arabia's King Salman bin Abdulaziz, AAMIR QURESHI, Muhammad bin Nayef, Prince Mohammed, Rash, Chris Doyle, GIUSEPPE CACACE, Doyle, he'd, Jamal Khashoggi, Emmanuel Macron, Joe Biden, Prince Mohammed a, Grant Shapps, Vladimir Putin's, Sanam Vakil, Biden, Evelyn Hockstein, Vakil, Duaa, Pierre Crom, Dhainy, Prince Organizations: Service, Saudi, King Saud University, Saudi Arabian Crown, Guardian, Ritz, Carlton, Council, Arab, CIA, Royal, Anadolu Agency, Bloomberg, Washington, Chatham House, Associated Press, Fox News, European Saudi Organization for Human Rights, MBS, United Nations, Getty Images, Human Rights Locations: Saudi, Saudi Arabia, Yemen, Riyadh, British, Istanbul, Jeddah, Ukraine, Iran, China, Israel, East, North Africa, Delhi, Neom, The Hague, Netherlands, Getty Images Saudi Arabia

☆ A nearly $3 billion net worth puts you among the richest 400 people in America—40 years ago, that'd be No. 1
▼ + stars: | 2023-10-06 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: 1 min

Just 40 years ago, a $2 billion net worth would put you at the top of Forbes' annual list of the 400 richest people in America. In 1983, Forbes crowned Gordon Getty America's Richest American with a net worth of just $2.2 billion. In 2023, you would need close to $3 billion just to crack the top 400. And securing the top spot would require quite a few billion more. Elon Musk earned the title for the second year in a row with a net worth of $251 billion, roughly the same as what was reported on last year's list.

Persons: Gordon Getty, You'd, Elon Musk Organizations: Forbes, Elon Locations: America

☆ NFLPA calls for league-wide grass fields following Rodgers' injury
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +2 min

Sep 11, 2023; East Rutherford, New Jersey, USA; New York Jets quarterback Aaron Rodgers (8) is injured while being sacked by Buffalo Bills defensive end Leonard Floyd (56) during the first half at MetLife Stadium. Mandatory Credit: Vincent Carchietta-USA TODAY Sports/File Photo Acquire Licensing RightsSept 13 (Reuters) - The NFL Players Association called on Wednesday for the league to eliminate artificial turf fields in favor of natural grass surfaces following the season-ending injury to four-times MVP Aaron Rodgers this week. "It makes no sense that stadiums can flip over to superior grass surfaces when the World Cup comes, or soccer clubs come to visit for exhibition games in the summer, but inferior artificial surfaces are acceptable for our own players." The NFLPA this year released data showing non-contact injuries were more common on artificial turf compared to grass fields during the 2022 NFL regular season. Reporting by Frank Pingue in Toronto, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Aaron Rodgers, Leonard Floyd, Vincent Carchietta, Lloyd Howell, Rodgers, Howell, Robert Saleh, Frank Pingue, Ed Osmond Organizations: New York Jets, Buffalo Bills, MetLife, NFL Players, NFLPA, Jets, NFL, Thomson Locations: East Rutherford , New Jersey, USA, Toronto

☆ Biden says global warming topping 1.5 degrees in the next 10 to 20 years is scarier than nuclear war
▼ + stars: | 2023-09-11 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +3 min

Biden travels to Vietnam to deepen cooperation between the two nations, in the face of China's growing ambitions in the region. The global temperature rising more than 1.5 degrees Celsius in the next two decades is scarier than a nuclear war, said President Joe Biden on Sunday in Vietnam. "The only existential threat humanity faces even more frightening than a nuclear war is global warming going above 1.5 degrees in the next 20 — 10 years," Biden said at a press conference at the JW Marriott Hotel Hanoi on Sunday. There's no way back from that," Biden said, according to a White House transcript of the press conference. Did you ever think you'd be sitting at a G20 conference where everyone was preoccupied with the notion of global warming?"

Persons: Joe Biden, Biden, António Guterres, Guterres Organizations: JW, Change Service, United Nation's Locations: Hanoi, Vietnam, India, Angola

The U.S. economy has avoided a threatened banking crisis and financial markets have not only aligned with the Federal Reserve's tight-credit policies but of late even helped the process by bidding up market interest rates. "I think Powell’s main effort is going to be explaining to what degree you want to hold (interest rates) higher for longer in the current outlook." Investors in contracts tied to the Fed's benchmark interest rate currently expect the Fed to begin reducing the policy rate next year from the current level set between 5.25% and 5.5%. Fed officials in fact have begun discussing the possibility of rate cuts down the road, at least in the context of steadily falling inflation. If inflation does decline as expected, Fed officials including Powell have suggested rate reductions might be appropriate to maintain a roughly constant inflation-adjusted "real rate."

Persons: Jerome Powell, Jackson, Jim Urquhart, JACKSON, Antulio Bomfim, Powell, who've, isn't, Adam Posen, William English, Donald Kohn, Howard Schneider, Andrea Ricci Organizations: REUTERS, Federal, Kansas, Fed, Northern Trust, Bank of England's, Committee, Peterson Institute for International Economics, Yale School of Management, Brookings Institution, Thomson Locations: Teton, Jackson , Wyoming, U.S, , Wyoming, Washington

☆ TikTok influencers want to rent you a very cool home. Just don't call them landlords.
▼ + stars: | 2023-08-16 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

While live-in landlords are far from a novel concept, the pandemic-era fever around passive income and real-estate investing has sparked a rise in the popularity of house hacking. While Turner's initial strategy emphasized small multifamily buildings, some house hackers applied the concept to single-family homes. In 2019, he published a book called "The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom." And I think house hacking is one obvious way to eliminate, or at least drastically reduce, what likely is your largest expense." "Yeah, it's called 'house hacking," the owner and roommate, also played by Jarman, who has 4 million followers, replies.

Persons: Kelly Clark, Clark, scoffed, TikTok, Zers, Brandon Turner, Turner, Ryan Lehman, Lehman, Brandon, I'm, Craig Curelop, BiggerPockets who's, Curelop, influencer Addison Jarman, renter, it's, Jarman, Jay Parsons, John Liang, TikToker, Liang, —, It's, doesn't, Insider's Daniel Geiger, she'd, James Rodriguez Organizations: Federal Housing Administration, BiggerPockets, Census, YouTube, RealPage Locations: Spokane , Washington, Silicon, millennials, Seattle, Spokane

☆ A rift is growing between Xi and Putin after Russia mocked a Ukraine peace plan backed by China
▼ + stars: | 2023-08-09 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Xi is frustrated that Putin won't seek peace in Ukraine, reports say. China has touted a 12-point peace plan for Ukraine that Russia hasn't pursued. China recently attended a peace summit in Saudi Arabia that was described by Russia as "doomed to fail." A European diplomat present at the discussions told the FT that the "mere presence of China shows Russia is more and more isolated." But Wyne cautioned against excessive faith in China's intervention to secure peace in Ukraine.

Persons: Xi, Putin, Russia hasn't, Xi Jinping, Vladimir Putin's, it's, Siberia that'd, June's Wagner, Ali Wyne, Wyne Organizations: Service, Financial Times, Putin, Kremlin, Eurasia Group, Saudi, Kyiv, Analysts Locations: Ukraine, China, Russia, Saudi Arabia, Wall, Silicon, Russian, Moscow, Jeddah, European, Siberia, Beijing, Denmark, Iran

☆ I'm a Barbie girl who almost got tricked by a plastic-free hoax
▼ + stars: | 2023-08-03 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

A fake campaign by environmental activists said Barbie-maker Mattel would go plastic-free by 2030. Outlets like People, The Washington Times , and Dow Jones Newswires reported that Mattel, the maker of Barbie and other toys like American Girl dolls and Hot Wheels, would go plastic-free by 2030. "With our plastic-free commitment, we denounce the empty promises of plastic recycling and take a bold step towards real ecological sustainability. By the end of the day, Yahoo News had the exclusive on the team behind the stunt : The Barbie Liberation Organization. The stunt did make me envision what seaweed Barbie would look like — but it's unclear if that's possible.

Persons: Barbie, I've, that'd, Dow Jones Newswires, Greta Thunberg, Daryl Hannah, Instagram, Hannah, Hannah didn't, Ynon Kreiz, Mattel, Igor Vamos, Mike Bonnaro, Vamos, Adam McKay Organizations: Mattel, Service, The Washington Times, Yahoo News, Liberation Organization, Barbie Liberation Organization, Dot Studios Locations: Russian

☆ Here's how to invest $100,000 right now, according to billionaire Mike Novogratz
▼ + stars: | 2023-08-01 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Billionaire Mike Novogratz would put $100,000 in Alibaba stock, silver, gold, ether, and bitcoin. That advice is for young and risk-tolerant investors, he told David Rubenstein on Bloomberg TV. But for more risk-averse investors, Novogratz said they should mainly focus on bonds. I'd be buying silver, gold, bitcoin and ethereum. His preferred assets have made gains year to date, with Alibaba up 12%, gold 7.7%, silver 3.5%, ether 52.5%, and bitcoin 74.4%.

Persons: Mike Novogratz, David Rubenstein, Novogratz, That'd, bitcoin, Larry Fink's, Fundstrat Organizations: Bloomberg, Service, Privacy, Galaxy Digital Locations: Wall, Silicon, Beijing, BlackRock

☆ CNBC Daily Open: Powell’s conference had something for bulls and bears
▼ + stars: | 2023-07-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +5 min

Al Drago | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. However, Chair Jerome Powell left the door open to a subsequent rate hike, saying the central bank will make decisions "meeting by meeting." At his post-meeting press conference, Chair Jerome Powell, in other words, deftly negotiated expectations from market bulls and bears, and somehow managed to reaffirm the case of both camps. The "hawkish" part will please the bears, while the "hold" portion will appeal to the bulls.

Persons: Jerome Powell, Al Drago, Hong, Mukesh Ambani, Dow, that's, —, Powell, Frances Donald, CNBC's Fred Imbert, that'd Organizations: US Federal Reserve, Market, Bloomberg, Getty, CNBC, Federal, Dow Jones, Samsung Electronics, Wall, Revenue, Reality Labs, BlackRock, India BlackRock, Jio Financial Services, CNBC Pro, Manulife Investment Management, Nasdaq, Dow Locations: Washington , DC, Asia, Pacific, Indian

☆ CNBC Daily Open: Powell’s conference had something for everyone
▼ + stars: | 2023-07-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +4 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Muted markets U.S. markets reacted little to the Fed's rate hike. A much-anticipated Fed hike The Federal Reserve hiked by 25 basis points , taking rates to a target range of 5.25% to 5.5%, the highest since 2001. However, Chair Jerome Powell left the door open to a subsequent rate hike, saying the central bank will make decisions "meeting by meeting."

Persons: America —, Jerome Powell, —, Powell, Frances Donald, Dow, CNBC's Fred Imbert, that'd Organizations: CNBC, Reserve, CNBC Pro, Wall, Revenue, Reality Labs, Dow Jones, CAC, Federal, Manulife Investment Management, Nasdaq, Dow Locations: America

☆ Evergrande's liabilities, depleted coffers raise business viability concerns
▼ + stars: | 2023-07-18 | by ( Clare Jim | ) www.reuters.com time to read: +4 min

The firm announced an offshore debt restructuring plan in March, expecting it to facilitate a gradual resumption of operations and generation of cash flow. Total cash slumped to 14.3 billion yuan, versus 28.8 billion yuan in 2021 and 180.7 billion yuan in 2020. OFFSHORE DEBTCreditors and analysts are now waiting for the convening hearings for Evergrande's offshore debt restructuring schemes in the hope to get more clarity on its business outlook. A company risks being delisted in Hong Kong if its shares remain suspended for 18 months. Hong Kong Stock Exchange said it does not comment on individual companies as a policy.

Persons: Charles Macgregor, Evergrande, Clare Jim, Himani Sarkar Organizations: HK, Lucror, Evergrande, Services, New Energy Vehicle Group, Prism, Shanghai Limited, Hong Kong Stock Exchange, Thomson Locations: HONG KONG, China, Asia, China's, Hong Kong, Cayman Islands, Prism Hong Kong

☆ How much should you tip on a $20 food delivery? A DoorDasher went viral for saying a $5 isn't enough. We asked 10 drivers.
▼ + stars: | 2023-07-09 | by ( Lakshmi Varanasi | Will Gendron | ) www.businessinsider.com time to read: +5 min

DoorDash recently fired a driver after he cursed at a woman for tipping $5 on a $20 order. It comes as more businesses are asking customers to tip at cash registers and even at self-checkout stations. In a blog post from 2019, Grubhub suggested customers tip 20% — and consider adding more if it's an extra-big order, or if there's bad weather. That means the woman who tipped $5 on her $20 DoorDash order — which is a 25% gratuity — actually gave quite a good tip, drivers said. "A $5 tip on a $20 order?

Persons: DoorDash, Casa, —, Grubhub, Alberto Mendes, they've, Olam, Mendes, Covid, Juan, he's Organizations: Service, Starbucks, Google Locations: New York City, Wall, Silicon, Casa Bonita, Manhattan, That's

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