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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. economy reaching the bite point for monetary policy tightening, economist saysCarl Weinberg, chief economist and managing director at High Frequency Economics, discusses the current state of play in the U.S. economy and how the American consumer is holding up in light of the Federal Reserve's massive interest rate hikes.
Persons: Carl Weinberg Organizations: U.S Locations: U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Elon Musk' author Walter Isaacson talks reports of a Saudi Arabia Tesla factoryWalter Isaacson, “Elon Musk” Author, Parella Weinberg Advisory Partner, joins 'Closing Bell Overtime' to talk a recent report that Tesla is in talks with Saudi Arabia, a possible subscription fee for X and more.
Persons: Elon Musk, Walter Isaacson, Saudi Arabia Tesla, “ Elon Musk, Parella, Tesla Locations: Saudi Arabia
Local municipal general obligation bonds help fund operations or specific projects. Right now, yields for local general obligation munis are historically attractive at about 3.7%, said Cooper Howard, fixed income strategist for the Schwab Center for Financial Research. In general, the credit quality of local general obligation munis are pretty solid, said Richard Schwam, a municipal credit research analyst at AllianceBernstein. "There are so many general obligation bonds in the country that you can stay away from anything too tiny. Weinberg also recommended diversifying with multiple states, but cautioned that buying a bond outside of your state means you'll likely be subject to state income tax.
Persons: It's, Cooper Howard, Howard, Richard Schwam, Schwam, Schwab's Howard, bode, Ian Weinberg, Weinberg Organizations: Schwab Center, Financial Research, AAA, San, Family Wealth, Pension Management, Schwab's Municipal, Bond Locations: California, New York, San Francisco
Sept 1 (Reuters) - Pickering Energy Partners (PEP) is launching a financial advisory unit for oil and gas dealmaking, the investment firm said on Friday, doubling down on traditional fossil fuels as some banks are becoming wary about the industry and ramping up their bets on clean energy. The launch of the investment banking unit marks a return to oil and gas advisory services for Dan Pickering, the veteran energy financier who helped form Tudor, Pickering, Holt & Co, an energy boutique bank that was acquired by Perella Weinberg Partners (PWP.O) in 2016. Houston-based PEP has an existing investment banking unit that focuses solely on energy transition, while the firm's other offerings include equity research, investment funds, and consulting services. All non-compete agreements between the two firms have now expired, enabling Pickering to pursue oil and gas advisory work. Banks including BNP Paribas (BNPP.PA), Bank of Montreal (BMO.TO) and Bank of Nova Scotia (BNS.TO) have pulled back from oil and gas dealmaking over the past few years.
Persons: Dan Pickering, Tudor, Perella Weinberg, dealmakers, Jason Kivett, Robyn Underwood, Pickering, Banks, David French, Anirban Sen, Sherry Jacob, Phillips Organizations: Pickering Energy Partners, Holt & Co, Barclays Plc, Houston, BNP, Bank of Montreal, Bank of Nova, Credit Suisse, UBS Group AG, Reuters, Thomson Locations: Pickering, Bank of Nova Scotia, New York
REUTERS/Mike Blake Acquire Licensing RightsAug 25 (Reuters) - Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd (BB.TO), according to a person familiar with the matter, months after the Canadian technology company began a strategic review. Veritas and Blackberry did not immediately respond to Reuters requests for comment. Veritas has made an offer for the entire company, the source said, adding that BlackBerry is also in talks with other potential buyers. Morgan Stanley (MS.N) and Perella Weinberg Partners are acting as financial advisors to BlackBerry for the strategic review. Bloomberg News reported the talks between Veritas and BlackBerry earlier on Friday.
Persons: Mike Blake, Morgan Stanley, Perella Weinberg, Chavi Mehta, Shweta Agarwal, Grant McCool Organizations: REUTERS, Veritas Capital, BlackBerry, Veritas, Malikie Innovations, Perella Weinberg Partners, Bloomberg News, Thomson Locations: Irvine , California, U.S, Canadian, Bengaluru
"The Boss" is on tour with the E Street Band through December 2023, with tour tickets still on sale for prospective attendees. If you're aiming to buy Bruce Springsteen tickets for the last leg of his 18th headlining tour, we've got you covered. Bruce Springsteen 2023 tour scheduleThe fall tour dates for Bruce Springsteen include 27 remaining shows in the U.S. and Canada. The cost of original Bruce Springsteen tickets vary depending on location and date. Mat Hayward/Getty ImagesThe final leg of Bruce Springsteen's 2023 concert tour includes international dates in Canada.
Persons: Bruce Springsteen, Springsteen, we've, Foxborough, Bruce Springsteen's, Sam Fender, Frank Turner, Tash Sultana, Steven Van Zandt, Mike Weinberg, Garry Tallent, Roy Bittan, Nils Lofgren, Patti Scialfa, Mat Hayward Organizations: Broadway, NY, San, Ticketmaster, Vivid, showtime, Garden, Getty Locations: U.S.A, United States, North America, U.S, Canada, Rutherford, NJ, Syracuse, Baltimore, Pittsburgh, Uncasville, Albany, NY, Columbus, Washington, Vancouver, BC, Edmonton, Calgary, AB, Winnipeg, Toronto, ON, Kanata, Montréal, Quebec, Phoenix, AZ, San Diego, Inglewood, CA, San Francisco, Springsteen's Rutherford , New Jersey, Columbus , Ohio, White Buffalo, Boston , Massachusetts, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with former CNN CEO and Elon Musk biographer Walter IsaacsonWalter Isaacson, Perella Weinberg partner, Tulane University professor, former CNN chairman and CEO and Elon Musk biographer, joins 'Squawk Box' to discuss Warner Bros. Discovery earnings results, the media landscape at large in the age of partisanship, the integration of A.I., and more.
Persons: Elon Musk, Walter Isaacson Walter Isaacson, Perella Weinberg Organizations: CNN, Elon, Tulane University, Warner Bros
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrowing partisanship fractures us and makes us have different sets of facts, says Walter IsaacsonWalter Isaacson, Perella Weinberg partner, Tulane University professor, former CNN chairman and CEO and Elon Musk biographer, joins 'Squawk Box' to discuss Warner Bros. Discovery earnings results, the media landscape at large in the age of partisanship, the integration of A.I., and more.
Persons: Walter Isaacson Walter Isaacson, Perella Weinberg, Elon Musk Organizations: Tulane University, CNN, Elon, Warner Bros
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Elon Musk biographer Walter IsaacsonWalter Isaacson, Elon Musk biographer and partner at Perella Weinberg, joins 'Squawk Box' to discuss Elon Musk and his management of Twitter, the competition against Threads, the impact of A.I. on the workforce, and more.
Persons: Elon Musk, Walter Isaacson Walter Isaacson, Perella Weinberg Organizations: Elon, Twitter
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk wouldn't be who he is without 'demon mode' and his drive: Musk biographer Walter IsaacsonWalter Isaacson, Elon Musk biographer and partner at Perella Weinberg, joins 'Squawk Box' to discuss Elon Musk and his management of Twitter, the competition against Threads, the impact of A.I. on the workforce, and more.
Persons: Elon, wouldn't, Walter Isaacson Walter Isaacson, Elon Musk, Perella Weinberg Organizations: Twitter
The DOJ wants harsher sentences for eight Oath Keepers members convicted over the Capitol riot. One department official told Insider the DOJ is "really sending a message" by appealing the 8 defendants' sentences. "It's very unusual for DOJ to appeal, but these are unusual cases and unusual times," said the Justice Department official, who requested anonymity to speak about the cases. The DOJ appeal filing didn't include details laying out prosecutors' reasoning; the department official told Insider those details will be laid out in court later. "Typical DOJ, they got their pound of flesh and still want more," Moerschel's lawyer Scott Weinberg told Insider.
Persons: it's, Andrew Weissmann, Robert Mueller's, Weissmann, Elmer Stewart Rhodes, Amit Mehta, Rhodes, Kelly Meggs, Kenneth Harrelson, Jessica Watkins, Roberto Minuta, Joseph Hackett, Edward Vallejo, David Moerschel, It's, Moerschel, Scott Weinberg, Elsa, Weinberg, William Shipley, Minuta, Meggs, Harrelson, Watkins, Hackett, Vallejo Organizations: DOJ, Capitol, Service, Department, Justice Department, Organization Locations: Wall, Silicon, Robert Mueller's Russia
A lawyer for a convicted Oath Keeper slammed the DOJ for appealing his client's sentence. Prosecutors requested a 10-year sentence for David Moerschel; he was ultimately sentenced to three. "I wish they would channel their inner Elsa and just let it go." "Typical DOJ, they got their pound of flesh and still want more," Scott Weinberg, who represents David Moerschel, told Insider. The defendants whose sentences the DOJ appealed are Moerschel, Oath Keepers founder Elmer Stewart Rhodes, Kelly Meggs, Kenneth Harrelson, Jessica Watkins, Roberto Minuta, Joseph Hackett, and Edward Vallejo.
Persons: David Moerschel, Elsa, Scott Weinberg, Donald Trump, Moerschel, Elmer Stewart Rhodes, Kelly Meggs, Kenneth Harrelson, Jessica Watkins, Roberto Minuta, Joseph Hackett, Edward Vallejo, Amit Mehta, Rhodes, Robert Mueller Organizations: Prosecutors, Service, Justice Department, Capitol, DOJ Locations: Wall, Silicon
Meanwhile, preferred securities can see yields around 7%. The Fed's rate hikes also sweetened yields on money market funds and certificates of deposit . Yet what is the best avenue for someone who is looking to generate the most income on a $10,000 investment — without taking on a lot of risk? The ICE BofA Fixed Rate Preferred Securities index, which tracks the performance of fixed-rate preferred securities, has a yield to maturity of 7.1%. "Right now you can't do better … than just owning short- to intermediate term high-grade fixed income," he said.
Persons: There's, Tom Graff, Mitch Goldberg, Goldberg, laddering, you'll, Ian Weinburg, Weinberg, Tim Ghriskey, Snyder, haven't, Ghriskey, Bonds, he'd, Graff Organizations: Treasury, Federal Reserve, Federal, CNBC Pro, Family Wealth, Pension Management, Ingalls, ICE, Securities, Citigroup, XIII, Index, SEC Locations: Baltimore, Melville , N.Y, Woodbury , N.Y, New York, Treasurys, preferreds
“Smart TV QR codes get me what I need on my phone, from hotel gym classes to valet parking,” she said, adding that she wishes that rooms had QR codes to leave staff tips. These “guest enhancements,” touted as in-demand by hoteliers and the tech companies that make them, are not in demand by me. Holocaust Memorial Museum, and like me, a frustrated hotel guest. “Here is an entirely new system to waste mental energy upon every single time I travel.”Another quibble with “personalized” hotel rooms? I could care less if a room “knows” that I like Pilates and the thermostat set to a nippy 69 degrees.
Persons: , Kara Heermans, Juliana Colangelo, , Jill Weinberg Organizations: Inc, Hyatt, Marriott, ESPN, Colangelo, Partners, “ Smart, hoteliers, U.S . Holocaust Memorial Museum Locations: Miami
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Tulane Univeristy professor Walter IsaacsonWalter Isaacson, Tulane University professor, Perella Weinberg advisory partner and author of the upcoming biography on Elon Musk, joins 'Squawk Box' to discuss news of a federal judge restricting Biden administration officials from having contact with social media companies, Elon Musk, Twitter, and more.
Persons: Walter Isaacson Walter Isaacson, Perella Weinberg, Elon Musk Organizations: Tulane, Tulane University, Elon, Biden, Twitter
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk has made Twitter a more contentious place, says Musk biographer Walter IsaacsonWalter Isaacson, Tulane University professor, Perella Weinberg advisory partner and author of the upcoming biography on Elon Musk, joins 'Squawk Box' to discuss news of a federal judge restricting Biden administration officials from having contact with social media co mpanies, Elon Musk, Twitter, and more.
Persons: Elon Musk, Walter Isaacson Walter Isaacson, Perella Weinberg Organizations: Tulane University, Elon, Biden, Twitter
The explosion lasted just over a minute — considered long, like any gamma-ray burst, or GRB, that lasts more than two seconds. These violent, destructive bursts can leave behind dense remnants like neutron stars or result in the creation of black holes. Why ancient galaxies could hide star deathsDuring their search for the origin of the gamma-ray burst, astronomers used the Gemini South telescope located in Chile to observe the afterglow of the cosmic explosion. Compared with younger, more typical galaxies, ancient galaxies can have up to a million or more stars densely packed into their cores. But they had no evidence for any long gamma-ray bursts originating from ancient galaxies — until now.
Persons: NASA’s Neil Gehrels, , Wen, fai Fong, Andrew Levan, Albert Einstein, Jillian Rastinejad, Fong Organizations: CNN, fai, Northwestern University’s Weinberg College of Arts and Sciences, Radboud University, telltale, Center for Interdisciplinary Exploration, Research, Astrophysics, Northwestern Locations: Nijmegen , Netherlands, Chile, Northwestern
But the plunge in the deal pipeline prompted soul-searching and job-hopping among investment bankers accustomed to a feast. Barclays, which has struggled to retain bankers following a shake-up in the management of its investment banking division, has lost at least nine top technology bankers in recent weeks. Traditionally, smaller firms have been reluctant to offer investment bankers guaranteed compensation, in order to have more of their pay tied to performance. Alan Johnson, managing director of compensation consultancy Johnson Associates, said that first-year guarantees were common practice in the hiring of investment bankers, but second-year guarantee used to be rare. "You get paid a higher percentage of revenue than in a big bank, but you have to generate the revenue with perhaps less help," Johnson said.
Persons: Goldman Sachs, Sam Britton, Britton, Anthony Keizner, Goldman, Nick Pomponi, Rob Chisholm, Troy Broderick, Goldman's, Perella Weinberg, Laurence Braham, Richard Hardegree, Steve Markovich, Ron Eliasek, Jason Auerbach, Alan Johnson, Johnson, Milana Vinn, Anirban Sen, Greg Roumeliotis, Jamie Freed Organizations: YORK, Goldman, Bank of America, Barclays, Qatalyst Partners, Jefferies Financial, Technology, LSEG, Intelligence, Search, Evercore, UBS, Centerview, Jefferies, SVB Securities, Bank, Reuters, Johnson Associates, Thomson Locations: Qatalyst, New York
A spokesperson for the hedge fund declined further comment on Thursday. Big banks typically agree terms with hedge funds that allow them to cut ties at short notice, five sources from prime brokerages and hedge funds told Reuters. Prime brokerages may now refine due diligence processes and perform more thorough background checks on hedge funds, said Jim Neumann, chief investment officer of Sussex Partners, which advises investors on how they give their money to hedge funds. But many of these agreements mainly focus on the financial viability of the hedge fund, two of the sources said. One hedge fund manager said he was asked in his due diligence with the bank if he was approved by the UK regulator, the Financial Conduct Authority.
Persons: Banks, Crispin Odey, Goldman Sachs, Morgan Stanley, MS.N, Odey, Epstein, Michael Oliver Weinberg, JPMorgan Chase, JPM.N, Jeffrey Epstein, Bill Hwang, brokerages, Jim Neumann, Neumann, Archegos, Erika Kelton, Phillips, Cohen, Nell Mackenzie, Kirstin Ridley, Carolina Mandl, Dhara Ranasinghe, Elisa Martinuzzi, Matthew Lewis Organizations: Wall, Odey, Management, Financial Times, Tortoise Media, JPMorgan, Odey Asset Management, Reuters, CMT, Archegos Capital Management, Sussex Partners, UBS, Financial, Authority, Thomson Locations: London, New York
LONDON, June 14 (Reuters) - Deutsche Bank (DBKGn.DE) has added three senior dealmakers to its team of bankers advising other financial institutions, such as insurance companies and lenders, according to a memo seen by Reuters on Wednesday and confirmed by a company spokesperson. It has hired Marie-Soazic Geffroy as global co-head of its Financial Institutions Group (FIG) from Perella Weinberg Partners (PWP.O). Based in Paris, she will lead the industry group alongside Jeff Cady, who is set to join the bank in New York from Citigroup (C.N). The bank has also appointed Chris Williams as FIG chairman for Europe, the Middle East and Africa (EMEA). Citigroup's Aaron Saperstein is also set to join Deutsche Bank in New York as head of diversified financials, covering speciality finance companies and financial technology lenders.
Persons: Marie, Soazic, Perella Weinberg, Jeff Cady, Chris Williams, Citigroup's Aaron Saperstein, Pablo Mayo Cerqueiro, Stefania Spezzati, Mark Potter Organizations: Deutsche Bank, Reuters, Group, Citigroup, Credit Suisse, Deutsche, Thomson Locations: Paris, New York, Europe, East, Africa
Websites like HotelTonight have long tried to solve the dilemma of when to book hotel rooms to get the best rates. Now a new site, HotelSlash, joins the quest, promising discounted hotel rates to members and a tracking service that monitors reservations for price dips. “We’re travel hackers at heart,” said Jonathan Weinberg, the chief executive and a co-founder of HotelSlash. Booking roomsUsers can book hotel rooms through HotelSlash by choosing their destination (either a specific hotel or a city), dates of travel and number of travelers. Unlike other booking sites, HotelSlash sends an email with a link to the results, adding a step to the process.
Persons: Hopper, , Jonathan Weinberg, Weinberg, HotelSlash Organizations: Bellagio Locations: Las Vegas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Tulane University's Walter IsaacsonWalter Isaacson, Tulane University history professor and advisory partner at Perella Weinberg Partners, joins 'Halftime Report' to discuss the A.I. transformation, how A.I. could create new jobs, and the importance of intuitive user interfaces.
Persons: Tulane University's Walter Isaacson Walter Isaacson Organizations: Tulane, Tulane University, Perella Weinberg Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntuitive user interfaces is an important factor for A.I. adoption, says Tulane's Walter IsaacsonWalter Isaacson, Tulane University history professor and advisory partner at Perella Weinberg Partners, joins 'Halftime Report' to discuss the A.I. transformation, how A.I. could create new jobs, and the importance of intuitive user interfaces.
Persons: Tulane's Walter Isaacson Walter Isaacson Organizations: Tulane University, Perella Weinberg Partners
Structures newly discovered in the Milky Way
  + stars: | 2023-06-02 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +5 min
CNN —An international team of astrophysicists has discovered hundreds of mysterious structures in the center of the Milky Way galaxy. Sagittarius A* “is the closest supermassive black hole to us, but it’s relatively quiet and therefore somewhat difficult to really study,” Hamden added. The vertical filaments surround the nucleus of the Milky Way, but the horizontal ones appear to spread out to one side toward the black hole. The vertical filaments, on the other hand, are magnetic and hold cosmic ray electrons moving nearly as fast as the speed of light. “One way to confirm that the (filament) structure is created by something like a jet is to find both sides of it.”This would add “to the complex, active picture of our own Milky Way,” she said.
Persons: astrophysicists, Farhad Yusef, Yusef, Zadeh, , , who’s, Erika Hamden, ” Yusef, Hamden Organizations: CNN, Northwestern University’s Weinberg College of Arts and Sciences, Center for Interdisciplinary Exploration, Research, Astrophysics, University of Arizona, South African Locations: Hamden
Independent experts say that DuckDuckGo blocks known tracking scripts from loading to prevent vulnerable personal identifiers from being exposed, including Microsoft-owned scripts. A separate partnership with Microsoft for advertising on DuckDuckGo’s search results page is limited to ad placements, not tracking users or building profiles, a DuckDuckGo spokesperson said. Users sharing the headline, “Google Lite: DuckDuckGo Signs Secret Deal with Bill Gates to Track Users Online” in April 2023 can be seen (here) and (here). We’re glad this is no longer the case,” the company said in a statement (here)DuckDuckGo’s privacy policy on tracking users can be seen (here). Whether browser privacy protections ever permit user tracking is beyond the scope of this fact check.
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