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☆ Asia-Pacific shares poised to drop as investors continue to digest China's reopening news
▼ + stars: | 2022-12-28 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +2 min

Emerging market value stocks are likely to return a real 9% per annum over the next seven years, while emerging market stocks as a whole are forecast to return 5.2% a year. International small-cap stocks are projected to return a real 4.5% while international large-cap stocks come in at 2.4% a year, after inflation. The U.S. isn't forecast to keep up, with U.S. small caps projected to shrink 1.4% each year after inflation, and U.S. large caps estimated to fall an average 1.8% annually over seven years. International bonds hedged against currency exposure are forecast to lose 1.8% a year and U.S. bonds to return -0.3%. At the start of 2022, GMO pegged emerging market value stocks to return +5% annually over seven years, emerging market stocks +2.2%, international small caps -1.2%, international large caps -2.5%, U.S. small caps -6.5% and U.S. large caps -7.3%.

☆ Most supply chain managers expect problems to continue at least through 2024
▼ + stars: | 2022-12-23 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

The dour outlook comes after almost three years of global supply chain problems, which began with the shutdown of Wuhan, China, where the Covid outbreak began. Jon Gold, vice president of supply chain and customs policy of the NRF, said the administration has taken steps to address the supply chain challenges. Earlier this year, for example, the administration rolled out a pilot supply chain data sharing program called Freight Logistics Optimization Works, or FLOW. "The administration needs to remain focused and continue to convene the right supply chain stakeholders to discuss ways to improve supply chain operations and expand data sharing to create a truly 21st century supply chain," Gold said. Nate Herman, AAFA's senior vice president, of policy told CNBC the problems that created the supply chain crisis are far from over.

☆ Alternative funds went gangbusters in 2022. How to find out if they’re right for you
▼ + stars: | 2022-12-20 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Even the most diversified portfolios took their lumps in 2022, but one corner of the market is ending the year with a bang: liquid alternative funds. Major winners in the liquid alts space include the AQR Managed Futures Strategy HV Fund (QMHIX) , which popped 36% in 2022. The Arrow Managed Futures Strategy Fund (MFTFX) jumped 21%, while the AGFiQ U.S. Market Neutral Anti-Beta Fund (BTAL) leapt 18% this year. Other alternative funds aim to manage downside risk with options, but also provide an opportunity for appreciation. Consider how the Arrow Managed Futures Strategy Fund is up 21% in 2022, but was basically flat last year.

☆ Wall Street's 'free lunch'? A simple holiday trade that tends to beat the market
▼ + stars: | 2022-12-20 | by ( Scott Schnipper | ) www.cnbc.com time to read: +1 min

The almanac's editor-in-chief Jeffrey Hirsch wrote that "this `free lunch' is an extremely short-term strategy reserved for the nimblest traders." Also listed on the table are the average percentage of analysts rating each one a buy and the potential upside represented by analysts' 12-month price targets. Five financial stocks also popped up: Capital One , Signature Bank , Extra Space Storage , Lincoln National and Global Payments . Three tech stocks, two utilities and one consumer non-discretionary and one healthcare stock each round out the screen. Salesforce and Signature Bank both offer potential upside of more than 70%, the highest of the 13, based on analysts' average price targets.

☆ How much should you tip your barista?
▼ + stars: | 2022-12-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

There’s also often an option to leave a custom tip or no tip at all. Although consumers are accustomed to tipping waiters, bartenders and other service workers, tipping a barista or cashier may be a new phenomenon for many shoppers. Others feel guilty if they don’t tip or embarrassed if their tip is stingy. One barista in Washington State said that he understands if a customer doesn’t tip for a drip coffee order. Nearly 60% of Uber customers never tip, while only about 1% always tip, a 2019 University of Chicago study found.

☆ DeVante Parker: NFL says it is reviewing an apparent head injury incident during Monday's Patriots game
▼ + stars: | 2022-12-14 | by ( Kevin Dotson | ) edition.cnn.com time to read: +27 min

CNN —The NFL and the NFL Players Association are looking into an incident in which an apparent head injury to New England Patriots wide receiver DeVante Parker seemingly went unnoticed by medical staff and spotters, league spokesman Brian McCarthy tells CNN. Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Freight Brokerage RXO Will Focus on Tech Investments, CFO Says
▼ + stars: | 2022-12-13 | by ( Kristin Broughton | ) www.wsj.com time to read: +4 min

RXO, which before the transaction accounted for roughly a third of XPO’s total revenue, matches freight loads with available trucks on the spot and contract markets. A priority for Mr. Harris, who was appointed to the CFO post in September ahead of the spinoff, is investing in digital capabilities for shippers and carriers. Approximately two-thirds of the company’s total capital budget will go toward technology, with the remainder focused on maintenance-related costs, Mr. Harris said. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. Among the advantages of being an independent company is RXO now has more control over its capital budget, Mr. Harris said.

☆ Cardinals vs Patriots: Arizona's woes continue as Kyler Murray hurt in 27-13 loss to New England
▼ + stars: | 2022-12-13 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +27 min

Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Al Roker shares update on 'TODAY' show after two recent hospital stays
▼ + stars: | 2022-12-12 | by ( Scott Stump | ) www.nbcnews.com time to read: +3 min

Al Roker says his recent hospital stints have been “a tough slog,” but he is pushing through it thanks to an outpouring of well wishes and support from his wife, three children and his "TODAY" colleagues. Roker shared an update on the "TODAY" show via video call from his home on Monday after spending most of the past month at New York-Presbyterian Hospital. I’m a very fortunate person.”Regular visits to the hospital by his colleagues have helped bolster his spirits. “You guys have been terrific coming by the hospital,” he said while wearing a shirt from his alma mater, SUNY Oswego. Roker then shared the happy news on Thursday that he was back home again from his second hospital stay.

☆ 6 valid reasons to miss work — and the excuses your boss won't go for, according to career experts
▼ + stars: | 2022-12-12 | by ( Jen Glantz | ) www.businessinsider.com time to read: +9 min

Using a lack of sleep or a missed train as an excuse not to go to work likely won't fly, they said. But there are inevitably days when we need to miss work — for vacation, for personal or family matters, or for some other reason. If you're not sure whether you're justified in skipping out on a workday, here are the best reasons for not showing up — and advice for telling your boss. Bad reasons to miss workSmith-Proulx said the worst excuses for missing work are the ones your boss expects you to have control over, such as being up late or missing the train. Constantly being absent from work, Smith-Proulx said, "can make it difficult for the employer to continue business, and they may need to replace you with a more reliable employee."

☆ An SEO consultant transformed her hiring process to attract better talent and improve retention with a few tips from an HR pro
▼ + stars: | 2022-12-12 | by ( Erica Sweeney | In Partnership With | ) www.businessinsider.com time to read: +6 min

When Zhe Scott founded her SEO consulting and marketing firm, The SEO Queen, in 2017, she expected her employees to stick around long-term. Their conversations led Scott to "think about talent acquisition the same way I think about customer acquisition," she said. He and Scott shared how they overhauled Scott's hiring process and came up with solutions to improve talent retention. Scott is continuing to work on finding her next great employee using the ideas she and Coleman came up with. Treating talent acquisition as an ongoing taskWhile she hasn't found any new employees yet using updated new process, Scott said, she's confident about the long term.

☆ A sneaky photo taken the last time a stealth bomber was unveiled shows why some parts of the new B-21 are still under wraps
▼ + stars: | 2022-12-11 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

On December 2, the US Air Force revealed its new stealth bomber, the B-21 Raider. That may have been an effort to avoid what happened the last time a stealth bomber was unveiled. One reason for that may be what happened the last time the Air Force unveiled a stealth bomber. Scott told Aviation Week in an article about the photo scoop published on the same day as the B-21's rollout. A US Air Force B-2 stealth bomber.

☆ Florida Sen. Rick Scott says defeated Georgia Republican Senate candidate Herschel Walker will 'continue to be a leader' in the GOP 'for years to come'
▼ + stars: | 2022-12-11 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Sen. Rick Scott said Herschel Walker would "continue to be a leader" in the GOP "for years to come." Scott made the comments following Walker's runoff defeat to Sen. Raphael Warnock in Georgia. The Florida lawmaker was a visible presence at many Walker rallies throughout the campaign. But throughout the course of the campaign, Walker's campaign suffered from a series of scandals. After the runoff loss, Republicans are continuing to do a lot of soul-searching, as every statewide GOP candidate besides Walker was victorious at the ballot box in Georgia this year.

☆ New Tax on Buybacks Is Weeks Away, but Finance Chiefs Aren’t Too Worried
▼ + stars: | 2022-12-09 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +6 min

A new corporate tax on stock buybacks hasn’t worried finance chiefs enough for them to rethink their strategy. For Bolingbrook, Ill.-based Ulta Beauty Inc., a maker of beauty products, the impact of the tax will be minimal, finance chief Scott Settersten said. The company’s board in March authorized a new buyback program that enables Ulta Beauty to repurchase up to $2 billion in shares. It is set to be levied on net buybacks, meaning total shares repurchased minus new shares issued during the year. SHARE YOUR THOUGHTS How will the new tax on stock buybacks affect company repurchase plans in the years ahead?

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☆ Henry Anderson: Carolina Panthers defensive end reveals he recently had stroke -- but wants to play on Sunday
▼ + stars: | 2022-12-08 | by ( Alasdair Howorth | ) edition.cnn.com time to read: +26 min

Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ Von Miller: Buffalo Bills defensive star is out for the season with torn ACL
▼ + stars: | 2022-12-08 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +25 min

Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

But first: The results from five counties will help tell us if Democrat Raphael Warnock is on track to win tonight’s Senate runoff in Georgia. Warnock got 56.9% of the vote in Cobb when he won the Jan. 2021 runoff, and he got just under that last November (56.8%). And in Gwinnett, Warnock got 60.6% of the vote in the 2021 runoff, compared with 58.9% last month against Walker. In rural Chattooga — one of NBC News’ “County to County” counties — Warnock got just 20.5% when he won the 2021 runoff, and he got less than that in the November general election (19.8%). Data Download: The number of the day is … $7.79 billionThat’s how much money was spent on political television, radio and digital ads this entire cycle (starting the day after the 2021 Georgia Senate runoff through today’s runoff), per AdImpact.

☆ Top elections official in Texas resigns
▼ + stars: | 2022-12-06 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

AUSTIN, Texas — Texas’ top elections official resigned Monday after an intense year of trying to reassure election skeptics, navigating the rocky launch of new voting laws that resulted in thousands of discarded mail ballots and overseeing a limited audit of the 2020 election. Greg Abbott, came under immediate scrutiny from the moment he took the job in October 2021. Right away, Scott was tasked with trying to give Texas voters confidence about election results and the ability to cast a ballot after Republicans passed a sweeping new voting law just weeks before his appointment. But those efforts got off to a bumpy start during Texas’ first-in-the-nation primary as voters struggled to navigate new mail voting requirements, resulting in counties throwing out nearly 23,000 mail ballots. In the November elections, the rate of rejected ballots had returned to more normal levels, and Scott’s office said there were no major issues surrounding the election.

Senate Republicans who weighed in on Trump's remarks on Truth Social from Saturday focused more on the importance of upholding the Constitution. “A Massive Fraud of this type and magnitude allows for the termination of all rules, regulations, and articles, even those found in the Constitution,” Trump wrote. Romney added that he doesn't think Trump's comments will affect his chances of winning the GOP nomination in 2024. Sen. Mike Rounds, meanwhile, tied Trump's remarks to his 2024 ambitions. Some GOP senators, including Rick Scott of Florida and Josh Hawley of Missouri, said the electorate should determine if Trump's remarks were disqualifying.

☆ Philadelphia is launching a plant-based cream cheese
▼ + stars: | 2022-12-06 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +5 min

New York CNN Business —Philadelphia Cream Cheese is launching a non-dairy version of its signature spread. The plant-based cream cheese is now available at grocery stories in Atlanta, Houston, Miami and other locations in the Southeast, with a wider rollout planned for summer 2023. Philadelphia's plant-based cream cheese is available in the Southeast. According to data from IRI, only about 41% of households who buy plant-based cream cheese make a second purchase within the year. “It’s just easier to forgo cream cheese and cheese … than it is to forgo meat,” he said.

☆ Traders are watching this group of stocks to gauge how much investors really fear a recession
▼ + stars: | 2022-12-06 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

After what happened with bank stocks Monday, investor attention is going to shift to the Goldman Sachs US Financial Services Conference that opens today. Regional bank stocks tend to move with the S & P, so that is a very big selloff, and volumes were elevated as well. Others think investors are simply catching up with the "higher for longer" interest rate environment. You hear 'recession' and you sell bank stocks," Wells Fargo's long-time bank analyst Mike Mayo said on CNBC yesterday. "If we are entering a slower growth economy, will banks have to put aside more money for loans going bad?," Siefers told me.

☆ Robinhood to pay a 1% 'match' on customer contributions to retail individual retirement accounts
▼ + stars: | 2022-12-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

The retail brokerage will pay a 1% "match" on contributions its customers make to a Robinhood individual retirement account, the firm said Tuesday. The firm is billing it as the first-ever match paid to retail IRA customers (i.e., outside of a workplace retirement plan.) A 401(k) match is a common retirement benefit offered by employers that sponsor a workplace retirement plan. How the match worksA 401(k) match is generally structured as a share of employee contributions. There aren't any contribution or account minimums to get the Robinhood match, and trades don't carry commissions.

☆ Jill Scott announces ‘Who is Jill Scott? Words & Sounds Vol. 1’ 23rd anniversary tour
▼ + stars: | 2022-12-05 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —After a 20th-anniversary tour of Jill Scott’s chart-topping album, “Who Is Jill Scott? : Words and Sounds Vol I” was forced to end prematurely due to the pandemic, it will resume. The tour, produced by Live Nation Urban, will play in over 20 markets across the country. It went double platinum album and earned her several Grammy nominations, including best new artist (2001), best R&B album (2001), and best female R&B vocal performance for three years in a row (2001-2003). Pre-sales for Scott’s tour will begin Dec. 6.

☆ Ben Affleck says Netflix's 'assembly line' approach to making quality films is
▼ + stars: | 2022-12-04 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —Ben Affleck is sounding off on how movies are being made in today’s age of Netflix and other streaming platforms, which offer an ever-expanding glut of content. “[Netflix’s head of original films] Scott Stuber is a really talented, smart guy who I really like…but it’s an impossible job,” he added. There aren’t enough – you just can’t do it.”Affleck acknowledged that “there’s (a) bigger audience for action movies than there is for small dramas. As seen in Variety, Artists Equity already has a first project in production – a yet-to-be-titled drama about the beginnings of Nike’s incredibly popular Air Jordan sneaker brand. Written and directed by Affleck, the film stars Damon as the executive who landed the endorsement deal for the shoe with Chicago Bulls superstar Michael Jordan.

☆ Hawaii Home Asks $24 Million
▼ + stars: | 2022-12-03 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

A newly built house on the Hawaiian island of Kauai is coming on the market for $24 million. The sellers are former film producer Scott Sloan and his wife, Brittany Sloan, who live primarily in California.

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