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Helping futures for the tech-heavy Nasdaq gain nearly 1%, U.S. two-year Treasury yields tumbled to more than a month low, while futures for the cyclicals-heavy Dow Jones edged lower. Big Tech and growth companies such as Meta Platforms (META.O), Amazon (AMZN.O) and Microsoft (MSFT.O) rose between 1% and 2% premarket. Traders' bets are currently equally split between a pause and a 25-basis-point rate hike at the Fed's next meeting in March. The projections of a terminal rate have also receded to just under 5% by June from around 5.5% in September earlier. ET, Dow e-minis were down 48 points, or 0.15%, S&P 500 e-minis were up 5.5 points, or 0.14%, and Nasdaq 100 e-minis were up 99.25 points, or 0.84%.

[1/2] A person walks past the Park Avenue location of the First Republic Bank, in New York City, U.S., March 10, 2023. There were multiple trading halts on bank shares as the KBW regional banking index (.KRX) fell 5.4%, and the S&P 500 banking index (.SPXBK) dropped 6%. Hogan said each regional bank has its own exposure to different parts of the market. He added the fate of regional bank stocks will be "case by case" as investors look to see which ones could have the most negative exposure. "First Republic Bank, which has significant exposure to the coastal real estate markets appears to be next on the list".

☆ ‘Tár,’ a Breath of Fresh Air, Deserves the Oscar for Best Picture
▼ + stars: | 2023-03-08 | by ( Jason L. Riley | ) www.wsj.com time to read: 1 min

Few will be shocked if “Tár,” a psychological drama about a famous symphony orchestra conductor, wins Best Picture at the Oscars on Sunday, and even fewer will be surprised if Cate Blanchett picks up the Best Actress award for playing the title character. She deserves it. “Tár” is much too long (2 hours and 38 minutes) and probably too self-consciously highbrow for mass appeal. This is a film that was made to win critical praise and prestigious prizes, not to draw the large crowds that turned out for other Best Picture nominees this year, such as “Top Gun: Maverick” and “Avatar: The Way of the Water.” What recommends the film to people who might otherwise care little about the rarefied world of orchestral music is its timely and sober treatment of the #MeToo era, cancel culture and identity politics.

Ahead of the crucial non-farm payrolls report on Friday, data showed U.S. private payrolls increased more than expected in February, pointing to continued labor market strength. BlackRock's chief investment officer of global fixed income, Rick Rieder, said the Fed could raise rates to 6% and keep them there for an extended period of time to fight inflation. "Unless we get some data over the course of the next two weeks, we really don't know which way we should be landing. Unfortunately the most important piece of the data doesn't come until Friday, that's why we've got a market that's meandering a bit." ET, Dow e-minis were up 33 points, or 0.1%, S&P 500 e-minis were up 4.25 points, or 0.11%, and Nasdaq 100 e-minis were up 19.75 points, or 0.16%.

Ahead of the crucial nonfarm payrolls report on Friday, data showed U.S. private payrolls increased more than expected in February, pointing to continued labor market strength. A closely watched part of the U.S. Treasury yield curve saw its deepest inversion in more than 40 years on Tuesday. "Unless we get some data over the course of the next two weeks, we really don't know which way we should be landing. Unfortunately the most important piece of the data doesn't come until Friday, that's why we've got a market that's meandering a bit." BlackRock's chief investment officer of global fixed income, Rick Rieder, said the Fed could raise rates to 6% and keep them there for an extended period of time to fight inflation.

☆ Spring training roundup: Orioles beat Phillies on walk-off HR
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +3 min

[1/3] Mar 6, 2023; Sarasota, Florida, USA; Philadelphia Phillies third baseman Alec Bohm (28) hits a RBI double against the Baltimore Orioles during the third inning at Ed Smith Stadium. They tied the game in that frame on Coby Mayo's run-scoring single, Connor Norby's RBI groundout and Colton Cowser's two-run homer. Alec Bohm went 2-for-3 with a homer, a double and two RBIs for the Phillies and Jake Cave added a two-run shot. Miguel Rojas opened that salvo with a two-run double and later added a solo homer for the Dodgers. Cade Marlowe went yard and Cal Raleigh hit an RBI double for the Mariners.

☆ 7 YouTubers share their takeaways and payouts from the first month of the Shorts ad revenue sharing program
▼ + stars: | 2023-03-07 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

On February 1, YouTube began sharing advertising revenue from short-form videos with creators. With this program, revenue from ads is pooled and then shared with creators based on their views. In February, he made about $1,455 for 32.4 million views — about $0.04 for every 1,000 views. Here's how much seven creators made in February:To determine payments on Shorts, YouTube pools revenue from the ads shown on the Shorts feed. Creating short-form content isn't something I'm passionate enough about to dedicate the time it takes."

☆ At right-wing CPAC forum, Trump shows why he'll be tough to topple
▼ + stars: | 2023-03-05 | by ( James Oliphant | ) www.reuters.com time to read: +6 min

[1/4] Former U.S. President Donald Trump attends the Conservative Political Action Conference (CPAC) at Gaylord National Convention Center in National Harbor, Maryland, U.S., March 4, 2023. The three-day conference illustrated the iron grip he holds over the right-wing, grassroots base of his party and how hard it could be for a challenger to deny Trump the Republican presidential nomination in 2024. DeSantis also attended a gathering for Republican donors in Florida held by the anti-tax group Club for Growth to which Trump was not invited. In his remarks, Bannon maintained that Trump should be the Republican nominee, saying DeSantis and other potential challengers lacked experience. Trump and DeSantis both are scheduled in the coming days to visit Iowa, which holds the first Republican nominating contest next year.

☆ How Hot Is Aspen’s Market? Townhouse Fetches More Than Twice What It Sold for in 2021
▼ + stars: | 2023-03-04 | by ( Sarah Paynter | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. An Aspen, Colo., townhouse has sold for $22 million, more than double its last sale price in 2021, according to seller’s agent Riley Warwick of Douglas Elliman .

☆ Rep. Alexandria Ocasio-Cortez Under House Scrutiny for Met Gala Participation
▼ + stars: | 2023-03-03 | by ( Eric Bazail-Eimil | ) www.wsj.com time to read: 1 min

Aurora James, Alexandria Ocasio-Cortez and Riley Roberts are seen leaving the 2021 Met Gala at the Metropolitan Museum of Art in New York. WASHINGTON—House of Representatives ethics officials said Thursday that their probe of Rep. Alexandria Ocasio-Cortez (D., N.Y.) centers on her participation in the 2021 Met Gala and whether she properly reimbursed vendors for her hair, makeup, clothing and transportation expenses. The focus of the probe was disclosed by the Office of Congressional Ethics, an internal, nonpartisan ethics office that reviews allegations of misconduct against lawmakers. The probe had been disclosed in December, but neither the OCE nor Ms. Ocasio-Cortez’s office had provided details.

☆ I make up to $9,500 a month renting out my home while my family lives in a trailer in the driveway. Here's how I set up my Airbnb and VRBO business.
▼ + stars: | 2023-03-03 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +9 min

Alexi McKinley rents out her home and lives in a trailer in her driveway for a few weeks every month. Her family makes up to $9,500 a month from vacation-rental platforms like Airbnb and VRBO. Now we spend around two weeks every month living in our trailer so we can rent out our house on Airbnb and VRBO. We just pack what we want depending on how long the Airbnb guests are staying. The living space in the trailer.

☆ It Doesn’t Make Sense to Blame Crime on Poverty
▼ + stars: | 2023-03-02 | by ( Jason L. Riley | ) www.wsj.com time to read: 1 min

Being mayor of New York comes with lots of media attention, but anyone who has held the job can tell you that the real power is in Albany, the state capital, where the governor and Legislature hold major sway over everything from the subways to the public schools. Mayor Eric Adams was back in Albany this month asking his state overlords to rethink bail-reform measures passed in 2019 that protect crime suspects from pretrial detention. The number of shoplifting complaints in New York City rose by 45% in 2022 to more than 63,000, according to New York City Police Department data. The mayor sees an obvious connection that too many of his fellow liberal Democrats willfully ignore.

☆ Lawmakers should subpoena AOC's Met Gala dress designer to assess if the lawmaker violated ethics rules, watchdog says
▼ + stars: | 2023-03-02 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +5 min

A congressional watchdog said AOC might have violated ethics rules in connection to her 2021 Met Gala attendance. The watchdog recommended the House Ethics Committee further review the allegations. The Office of Congressional Ethics also recommended subpoenas to AOC's dress designers. A lawyer for Ocasio-Cortez said in a letter to the House Ethics Committee released Thursday that the congresswoman "finds these delays unacceptable, and she has taken several steps to ensure nothing of this nature will ever happen again." The House Ethics Committee, which released the OCE report and findings on Thursday, said in a statement that it "will refrain from making further public statements on this matter pending completion of its initial review."

The company — which has its COVID-19 vaccine as the only marketed product after 35 years in business — on Tuesday flagged significant uncertainty around its 2023 revenue, funding from the U.S. government, and pending arbitration with global vaccine alliance Gavi. Syringes with needles are seen in front of a displayed Novavax logo in this illustration taken, November 27, 2021. Novavax faces near-term risks as protein-based vaccines take longer to produce than mRNA-based competitors, Novavax CEO John Jacobs has said. "While there is the potential for a substantial booster market ... we don't expect Novavax to be a major player in the booster opportunity." As of last close, Novavax's U.S.-listed shares were down 97% from their February 2021 record high of $331.68.

The stock had dropped 26.2% to $6.83 around 8:55 ET (13:55 GMT), while its Frankfurt-listed shares slumped more than 27%. The company - whose COVID vaccine is its only marketed product after 35 years in business - on Tuesday flagged significant uncertainty around its 2023 revenue, funding from the U.S. government, and pending arbitration with global vaccine alliance Gavi. Syringes with needles are seen in front of a displayed Novavax logo in this illustration taken, November 27, 2021. Novavax faces near-term risks as protein-based vaccines take longer to produce than mRNA-based competitors, Novavax CEO John Jacobs has said. As of last close, Novavax's U.S.-listed shares are down 97% from their February 2021 record high of $331.68.

☆ Meet the 'boommates': These two baby boomers live together to cut costs and build a relationship
▼ + stars: | 2023-03-01 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Miller had an extra room in her home and thought why not find a roommate to help pay the mortgage. She called her local senior center, and they suggested she try Silvernest, a home-sharing platform founded in Colorado in 2015. According to Miller, Mears pays $650 on a month-to-month basis for her lodging and utilities. Longmont, Colorado, where Mears and Miller live, is located 40 miles north of Denver. After less than a week, Miller and Mears were eating dinner together regularly, taking turns cooking for each other.

☆ 'Prompt engineering' is one of the hottest jobs in generative AI. Here's how it works.
▼ + stars: | 2023-03-01 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

Knowing how to talk to chatbots may get you hired as a prompt engineer for generative AI. Prompt engineers are experts in asking AI chatbots — which run on large language models — questions that can produce desired responses. Unlike traditional computer engineers who code, prompt engineers write prose to test AI systems for quirks; experts in generative AI told The Washington Post that this is required to develop and improve human-machine interaction models. Prompt engineering may not be 'the job of the future'Some academics question how effective prompt engineers really are in testing AI. Companies in a variety of industries are hiring prompt engineersThat isn't stopping companies across industries from hiring prompt engineers.

☆ Wall Street edges higher after last week's rout
▼ + stars: | 2023-02-27 | by ( Sruthi Shankar | ) www.reuters.com time to read: +4 min

"Some relatively significant losses last week is the starting point," said Art Hogan, chief market strategist at B Riley Wealth. "Also, when you look at the drivers last week, better-than-expected economic data pushed yields higher. The yield on two-year Treasury notes , the most sensitive to short-term rate expectations, slipped after touching a near four-month high earlier. Seagen Inc (SGEN.O) surged 10.5% after the Wall Street Journal reported that Pfizer (PFE.N) was in early talks to acquire the biotech firm. The S&P index recorded three new 52-week highs and three new lows, while the Nasdaq recorded 51 new highs and 64 new lows.

☆ Grapefruit League roundup: Pete Alonso hits first HR for Mets
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +2 min

Daniel Vogelbach had two hits with an RBI and Abraham Almonte went 2-for-2 with two RBIs for the Mets. Justin Dirden went 2-for-2 with a homer and a key single in the seventh-inning uprising. Bobby Dalbec also went 2-for-2 with a homer and two RBIs and two runs for Boston. CJ Abrams went 2-for-3 with a run scored and Erick Mejia singled in the go-ahead run in the ninth inning for the Nationals. Phillies 7, Yankees 4Weston Wilson went 2-for-2 with four RBIs to help host Philadelphia defeat New York in Clearwater.

☆ Nikki Haley Tries to Run Without Challenging Trump
▼ + stars: | 2023-02-23 | by ( Jason L. Riley | ) www.wsj.com time to read: 1 min

There’s no dancing around it: Donald Trump remains the standard-bearer of the Republican Party. Ms. Haley was a popular governor of South Carolina from 2011 to 2017 and comported herself well as U.S. ambassador to the United Nations during the Trump administration. She previously said she wouldn’t run for president if it meant challenging Mr. Trump for the nomination. The former president announced his candidacy in November. Ms. Haley apparently changed her mind and announced her own bid last week.

☆ CNBC Daily Open: Markets took a beating — and there may be worse ahead
▼ + stars: | 2023-02-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Markets had their worst day in three months. 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. Some analysts think stocks are facing the reality of higher interest rates —a scenario the bond market has priced in. Subscribe here to get this report sent directly to your inbox each morning before markets open.

CHICAGO, Feb 21 (Reuters) - United Airlines (UAL.O) launched on Tuesday a more than $100 million investment fund to support start-ups focused on the research and production of sustainable aviation fuel (SAF). The Chicago-based carrier along with inaugural partners such as Air Canada (AC.TO), Boeing (BA.N), General Electric (GE.N) JPMorgan Chase (JPM.N) and Honeywell (HON.O) have invested in the United Airlines Ventures Sustainable Flight Fund, it said. United said the fund was open to investment by companies across industries and would prioritize investment in new technology and "proven" producers. United's Chief Sustainability Officer Lauren Riley said the investment fund was aimed at scaling up the supply of SAF. However, as of last December, the total volume of SAF used in its operations remained less than 0.1% of its total aviation fuel usage.

☆ And the winner is... London rolls out red carpet for BAFTA Film Awards
▼ + stars: | 2023-02-18 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +3 min

"Banshees", about two feuding friends on a remote island off the coast of Ireland, and "Everything Everywhere" each received 10 nominations. Bill Nighy ("Living"), Paul Mescal (Aftersun") and Daryl McCormack ("Good Luck to You, Leo Grande") complete the leading actor nominees list. "Woman King" director Gina Prince-Bythewood is the only woman in the running for the director award, but the outstanding debut by a British writer, director or producer category features all female nominees. They’re one of the only big award shows that actually shares voting members with the Academy," Riley said. "The Screen Actors' Guild... obviously share some overlap... but BAFTAs really are first look at what the Oscars may be thinking."

The Federal Reserve's latest meeting minutes will be a key focal point for investors in the week ahead, as they seek clarity on the central bank's interest rate hiking path. Fed meeting minutes For Wall Street, there will be greater emphasis next week on the minutes from the Fed's latest meeting, which are set to be released Wednesday. Following some recent comments from central bank officials suggesting greater rate hikes ahead, investors will parse the meeting minutes for further signs of hawkishness. ET: Fed minutes 5:30 p.m. ET: Kansas City Fed Manufacturing Index (February) Earnings: Alibaba , Beyond Meat , Block , Booking Holdings , Warner Bros Discovery Friday 8:30 a.m.

☆ 6 YouTubers break down how much they're getting paid for Shorts in the first month of ad-revenue sharing — and what they think of the rates
▼ + stars: | 2023-02-16 | by ( Marta Biino | Amanda Perelli | ) www.businessinsider.com time to read: +4 min

The platform began sharing advertising revenue from Google-placed ads that show on the Shorts feed — YouTube's short-form video offering — with creators. In 2022, eight YouTube creators shared with Insider their RPMs, which ranged from $1.61 to $29.30. With the debut of the ad-revenue sharing, YouTube is shutting down its Shorts Fund. The final Shorts Fund invites for January activity will go out in mid-February, with final payments in March. Khadair's channel earned a YouTube Shorts Bonus for January of $1,232.75 based on his Shorts' performance.

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