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The R2 SUV will go head-to-head with the ultra-popular Tesla Model Y. The boxy R2 looks more rugged than the Model Y. AdvertisementRivian is taking aim at Tesla with the R2, a smaller and more affordable SUV that will compete with the Model Y. The Model Y will be stiff competition for Rivian's R2. Here's how Rivian's R2 stacks up against its top competitor, the Tesla Model Y.
Persons: Organizations: Tesla, Service, Elon Musk's EV
If selective colleges admitted students by score alone — using, say, a 1300 cutoff — the pool would not be very diverse, by race or class. If selective colleges admitted students by score alone — using, say, a 1300 cutoff — the pool would not be very diverse, by race or class. To create a more diverse class, colleges could … But admissions preferences based on race are no longer legal. We Tried to Create a Diverse College Class Without Affirmative Action Now you can try it, too. In our affirmative action model, just 6 percent of admitted students come from the bottom quartile of the income distribution.
Persons: , Sean Reardon, Demetra, NaN %, NaN, It’s, , , Richard Kahlenberg, we’re, didn’t, “ We’re, Zack Mabel, we’ve, , it’s, Richard Sander, Jill Orcutt, Johns Hopkins, they’ll Organizations: Stanford, Penn, Here’s, Colleges, Progressive Policy Institute, White Asian, American Association of Collegiate, University of California Locations: America, Here’s, Alaska, Georgetown, U.C . Merced
For the past two decades, Liz Birenbaum’s 88-year-old mother, Marge, has received her Social Security check on the second Wednesday of each month. When the deposit didn’t arrive in January, they logged into Marge’s Social Security account, where they found some startling clues: the last four digits of a bank account number that didn’t match her own, at a bank they didn’t recognize. (Ms. Birenbaum requested to refer to her mother by her first name only to protect her from future fraud.) Ms. Birenbaum immediately started making calls to set things right. When she finally connected with a Social Security representative from a local office in a Bloomington, Minn., the rep casually mentioned that this happens “all the time.”
Persons: Liz Birenbaum’s, Marge, It’s, , Birenbaum Organizations: Social, Citibank, Social Security Locations: Chappaqua, Minnesota, Bloomington, Minn
My mom and my aunt are estranged, but I've been close with my aunt since I was young. That year my aunt and I decided to start writing letters since I didn't have my own phone. I've never known exactly why my mom and aunt don't talkWhen I asked my mom why we didn't see her, she'd vaguely reply, "She was always kind of mean to me," or, "We just don't." As my aunt and I began to speak more, I gathered breadcrumbs of what happened between her and my mom. After graduating from Catholic school, my mom abandoned religion, yet my aunt consistently attends church.
Persons: I've, , Allie Finkle's, who's, Zer, declutters, they've, I'd Organizations: Service, Scouts, Catholic, Trump Locations: Lake Michigan, Florida, Wisconsin
The shops have prompted both curiosity and innovation, adding to London’s long history of bagels — or “beigels,” as they were originally known here. Many of the new shops have similar stories: During the coronavirus pandemic lockdowns, homesick New Yorkers in London started experimenting with bagel baking at home. Once the pandemic hit, Mr. Gomez, missing New York and dreaming of bagels, started watching bagel-making videos on YouTube and testing out recipes. Another bagel connoisseur, Francesca Goldhill, of London, spent hours in her mother’s kitchen trying to find a recipe that produced bagels similar to those from Brooklyn Bagel, her favorite when she lived in New York. She opened Bagels + Schmear in Hertfordshire, outside London, in 2022.
Persons: , Georgia Fenwick, Gomez, Papo’s, “ schmear, Fenwick, Gabriel “ Papo ” Gomez, Francesca Goldhill Organizations: London, Brooklyn Bagel Locations: East London, Dalston, Britain, New York, London, Papo’s, England, Brooklyn, Hertfordshire
So we have to talk about the drama that has been playing out in the past week between OpenAI and Elon Musk. According to OpenAI, Elon Musk wanted majority, equity, initial board control, and to be CEO of this new for-profit subsidiary. It’s basically —casey newtonIt’s like, I’m going to find a way to follow your rule, but in the worst way possible. Like, working was one I thought that, oh, I’m going to work in this all the time. kevin roose[LAUGHS]: Well, I thought, like, I’m going to take some spatial videos.
Persons: casey newton Casey, kevin roose, casey newton, Kevin, casey newton What’s, Kevin Roose, Casey Newton, OpenAI, Will, Joanna Stern, Casey, it’s, kevin roose I’m, Elon Musk, It’s, casey newton Let’s, Elon, he’s, I’ve, casey newton What’d, there’s, you’ve, we’re, GPT, Sam Altman’s, that’s, AGI, Annie “, Sam Altman, who’s, isn’t, , we’ve, ” casey newton Go, He’s, Ilya Sutskever, Greg Brockman, Ilya, casey newton Yes, Tesla, casey newton Well, they’ll, casey newton Oh, kevin roose It’s, don’t, kevin roose Will, casey newton Right, casey newton Mhm, kevin roose They’re, Microsoft’s Bing, Microsoft Bing, Bing, Apple, Europe — casey newton, Charles Duhigg, John Gruber, they’ve, casey newton It’d, — casey newton, they’re, They’ve, you’ll, Apple’s, casey newton It’s, I’ll, casey newton Sure, GDPR, you’re, kevin roose Really, let’s, kevin roose Casey, kevin roose —, Jonah Stern, casey newton Wow, Joanna, Let’s, kevin roose Joanna Stern, joanna, casey newton Hi, kevin roose Long, joanna stern, , kevin roose We’re, Kara Swisher, kevin roose Don’t, I’m, casey newton Don’t, casey newton That’s, Neil Patel, Um, kevin roose That’s, kevin roose Sure, casey newton Great, KEVIN, IV, wearables, Fitbits, kevin roose Oh, hadn’t, casey newton —, casey newton I’ve, Joe Rogan Organizations: The New York Times, Elon, Apple’s, OpenAI, Microsoft, Google, Google’s, Facebook, Tesla, Big, European Union, Digital Services, Giants, Apple, Digital Markets, EU, Bloomberg, Digital, Spotify, General, Apple Vision Pro, Street, Apple Vision, Vision, New York Times, , Housewives, Club, Ray, Tesla Chargers, Vision Pro, Apple Watch, Sony Locations: Los Angeles, Europe, what’s, Elon, OpenAI, Japan, South Korea, Turkey, United Kingdom, United States, Reddit, American, America, California, Florida, United, Mars, The
9 to 0 — I’m going to say that again — 9 to 0, ruled that states can’t keep Donald Trump off their ballots. It’s how — Trump has said to his loyalists, I am your retribution, so maybe we should just look at this as a blueprint for retribution. He’s going to end up — when he gives his big convention speech, he’s going to end up making promises on economic policy, domestic policy, and so on. ross douthatSo here’s why I’m sort of — Carlos, especially to your point — like, trying to focus us on the sharpest possible conflicts. But if most of the country’s political and emotional energy is instead focused on Trump himself, rather than real, actual debates, then I think Trump is winning, period, and the country is losing.
Persons: carlos lozada, polgreen Wow, ross douthat, lydia polgreen, Kiefer Sutherland, carlos lozada Totally, michelle cottle Perfect, lydia polgreen You’re, Kiefer, I’m Ross Douthat, michelle cottle I’m Michelle Cottle, carlos lozada I’m Carlos Lozada, Lydia Polgreen, michelle cottle Chin, Biden, lydia polgreen It’s, , can’t, Donald Trump, Grover Cleveland, michelle cottle, Jesus, Donald Trump’s, Carlos Lozada, it’s, Carlos, ross, carlos lozada You, , Trump, Nikki Haley, carlos lozada Yes, He’s, United States — carlos lozada, carlos lozada Harold Meyerson, , Harold — carlos lozada —, michelle cottle —, — Trump, Trumpism, lydia polgreen Trump, carlos lozada —, part’s, michelle cottle You’re, Lydia, let’s, Michelle, — ross douthat Michelle, michelle cottle Oh, Hillary Clinton, — ross, lydia polgreen Get, michelle cottle Mexico’s, Mike Shear, Julie Davis’s, ” ross douthat, carlos lozada Michelle, michelle cottle I’m, George Floyd, I’m — ross, polgreen, I’m, — michelle cottle, he’s, lydia polgreen I’m, Dobbs, ross douthat Carlos, we’ve, unquote, carlos lozada Well, carlos lozada He’s, — carlos lozada Boo, Matt Iglesias, That’ll, that’ll, Peter Navarro, doesn’t, there’ll, lydia polgreen There’ll, carlos lozada Ross, there’s, ” michelle cottle, lydia polgreen Couldn’t, John Roberts, Peter Baker, Susan Glasser’s, Maggie Haberman’s, — michelle cottle Beat, ross douthat —, It’s, Asli Aydintasbas, she’s, Ross, Viktor Orbán, Joe Biden, ideologues, ross douthat Lydia, — carlos lozada, ross douthat Go, nope — ross, Miley Cyrus, it’s Truman, I’ve, lydia polgreen There’s, Bilbo, Martin Freeman, michelle cottle Big, michelle cottle Carlos, We’ve, carlos lozada You’re, We’ll, lydia polgreen Bye Organizations: New York, Republican, New York Times, Siena College, Trump, Heritage Foundation, Leadership, GOP, Republicans, HHS, Department of Health, Human Services, Department of Life, CDC, Department of Justice, Justice Department, National Guard, of Homeland Security, Democrats, Politico, America, United States Constitution, Swans, East, Brooklyn, Northwest Missouri State University, carlos lozada Business Locations: New, America, Douthat, , Washington, United States, lydia polgreen Get Mexico, Francisco, China, Turkish, Turkey, Manhattan, Brooklyn
Read previewLast spring, I found a used 2019 Tesla Model 3 listed for sale just a few miles from where I live. Andrew Lambrecht's 2019 Tesla Model 3. Lambrecht's 2019 Tesla Model 3. Lambrecht's 2019 Tesla Model 3. The Ford Mustang Mach-E and Volkswagen ID.4 are two other neat electric cars now within the $25,000 range used.
Persons: , Cooper, I've, it's, Andrew Lambrecht's, Amber Saitta, Tesla, Teslas, Andrew Lambrecht, hasn't Organizations: Service, Business, EV, EPA, Ford, Volkswagen Locations: Teslas
If Sam Altman is to achieve his dream of artificial general intelligence in his lifetime, that number will need to double or triple every year for the foreseeable future. These wide-ranging plans for global transformation go far beyond Altman's role as the CEO of generative AI behemoth OpenAI, developer of ChatGPT. EnergyThe first pillar of Altman's grand unified theory of the future rests on energy. Headlining the event was company chairman and investor Sam Altman, who appeared via video call projected on a towered cineplex. And Altman's AGI empire extends beyond just the energy and raw material required to build AGI.
Persons: Sam Altman, he's, Altman, it's, Max, Jack, Sam himself, Sam, David Kirtley, Helion, He's, Joe Betts Lacroix, Lacroix, where's, Joe Biden, Tade Oyerinde, Oyerinde, Ali Ghodsi, Ghodsi Organizations: Nvidia, Business, Elon, Altman, OpenAI, Energy, Bloomberg, Concorde, Wall Street, Retro Biosciences, Capitol, PAC Locations: Silicon Valley, OpenAI, Davos, New York, Redmond , Washington, Washington
BABYLON, N.Y. (AP) — Four people were charged Wednesday with concealing a human corpse and tampering with evidence in connection with the discovery of body parts in parks on Long Island. All four defendants pleaded not guilty to hindering prosecution, tampering with physical evidence and concealing a human corpse and were released without bail. The next day, a cadaver dog located the head, an arm and parts of two legs. Additional remains found Tuesday in nearby West Babylon and in a state park were from the same two people, police said. The four defendants were arrested after police executed a search warrant at the Amityville home that Wallace, Mackey and Brown share.
Persons: Amanda Wallace, Jeffrey Mackey, Steven Brown, Alexis Nieves, Wallace, Mackey, Brown, Frank Schroeder, John Halvorson, , Ira Weissman, “ Steven Brown didn't, ” Weissman, Wallace's, Nieves Organizations: New York City . Police, Amityville, Newsday, Court Locations: Long, Amityville, Babylon, New York City, West Babylon, Suffolk County
ALBANY, N.Y. (AP) — A federal judge on Wednesday permanently banned a Florida gun retailer from selling or delivering certain gun parts in New York that officials say can be used to assemble untraceable ghost guns and sold without background checks. It also found that the retailer made at least $3.9 million in illegal profits and would likely continue to violate local, state, and federal laws. The retailer is permanently barred from selling, delivering, or giving away any unfinished frames or receivers in the state of New York, according to the judgment. Indie Guns, which advertises some of its products on its website as “UNSERIALIZED UNREGISTERED UNTRACABLE,” must also pay approximately $7.8 million to the state. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.
Persons: Jesse Furman, Letitia James, James, negligently, , Lawrence Destefano, ___ Maysoon Khan Organizations: , New York, Indie Guns, Indie, Associated Press, America Statehouse News Initiative, America Locations: ALBANY, N.Y, Florida, New York, Manhattan, Yorkers
Tiendas BBB (3B), Mexico's largest discount food chain, has strong growth potential, according to JPMorgan. 3B — short for "bueno, bonito y barato," or "good, nice and cheap" — is "good, nice and high growth with solid returns," according to analyst Joseph Giordano. Compared to other markets such as Colombia, Turkey and Germany in which hard discount stores have a penetration rate of 20% or higher, the rate stands at only 2% in Mexico, said Giordano. That means 3B — which is already among the largest discount food retailers in Mexico — has room to expand boost store productivity. Giordano forecasts 3B reaching a 5-year compound annual growth rate of 15%, setting it apart from its local competition.
Persons: bueno, Joseph Giordano, Giordano, — CNBC's Michael Bloom Organizations: BBB, JPMorgan, New York Stock Exchange, Giordano Locations: U.S, Colombia, Turkey, Germany, Mexico, Mexico —
Where Electric Vehicles Are (and Aren’t) Taking Off Across the U.S.Last year, Americans bought more than one million fully electric cars, trucks and SUVs, a record and a milestone for the country’s transition away from gas-powered vehicles. To fight climate change, the Biden administration and many state governments want to accelerate the transition to electric vehicles. experience from pretty easy and kind of hard,” said Ken Kurani, a researcher focused on electric vehicles at the University of California, Davis. Only two electric vehicles in the analysis, both made by Tesla, cost the same or less than similar gas models. But for now, “there are some very real ways in which, in comparison to conventional vehicles, electric vehicles either really are still struggling to be as good or better, or are struggling against the imagination that they’re not as good or better,” he said.
Persons: Tom Libby, Mr, Libby, , , Biden, Ken Kurani, Kurani, Brittany Greeson, Philip Cheung, We’re, Tesla, “ We’re, Jessica Caldwell, Kelley, Davis Organizations: P Global Mobility, P, Pew Research Center, University of California, The New York Times, BMW, Ford, Hyundai, General Motors Locations: Florida, Texas, West Coast, California, San Francisco Bay, Los Angeles, Detroit, Bismarck, N.D, United States, Davis, Chicago, Norway, Edmunds, U.C
Here are Wednesday's biggest calls on Wall Street: Berenberg upgrades Honeywell to buy from hold Berenberg said the industrial conglomerate is well positioned. Roth MKM initiates Aspen Aerogels as buy Roth said it sees a "strong secular opportunity" for the insulation company. HSBC upgrades Target to buy from neutral HSBC said it likes the company's strategy following earnings on Tuesday. " Target's strategy aims to drive long-term sales growth market share gains and improve profitability Deutsche Bank upgrades Target to buy from neutral Deutsche upgraded Target following earnings on Tuesday. Argus initiates Super Micro as buy Argus said it sees "years" of growth for shares of Super Micro.
Persons: Berenberg, Morgan Stanley, Tesla, Roth MKM, Roth, JPMorgan, Wolfe, Evercore, Needham, SMCI Organizations: Honeywell, Barclays, Aspen, HSBC, Target, Deutsche Bank, Deutsche, JPMorgan, BBB, Citi, Madrigal Pharmaceuticals, Motors, RBC, EV, ISI, Bank of America, Google, Apple, Nvidia, NVIDIA, Crinetics Pharmaceuticals, Argus, Super Locations: China, Dominion
BYD, the world's top-selling EV seller, has launched a cheaper version of its Yuan Plus car. Rivals such as Xpeng and Tesla have also initiated price drops and incentives to entice buyersIt comes as EV sales have dropped in China. The price cut, which comes amid an accelerating EV price war and slowing sales in the world's biggest car market, was first reported by Reuters. As well as cornering the affordable EV market, it's also dabbling in the other end of the market with a $233,000 electric supercar. As a result, Shenzhen-based BYD is "not planning to come to the US," BYD Americas CEO Stella Li told Yahoo Finance last week.
Persons: Tesla, , Xpeng, Elon, Warren Buffett, BYD, it's, EVs, Stella Li Organizations: Service, Reuters, China Morning Post, Auto, L6, Yahoo Finance, EV Locations: China, Weibo, America, Shenzhen, West
When Hussein Smko was 9, the American military arrived in his hometown, Erbil, the capital of Iraq’s Kurdish region. It was 2003, and Smko, already a survivor of the Kurdish civil war, would chase the American Humvees with other kids. One day a soldier beckoned him over and demonstrated a simple, beguiling gesture: He held out a straight arm then made it ripple like water, a classic hip-hop move. “I thought it was like a big sparkle,” Smko, 30, said in an interview. The dance they were preparing, “On the Nature of Rabbits,” opens Wednesday at the Joyce Theater in Manhattan.
Persons: Hussein Smko, Smko, Pontus Lidberg, Organizations: American, Joyce Theater Locations: Erbil, Iraq’s Kurdish, Tarrytown, N.Y, Swedish, Manhattan
(This is CNBC Pro's live coverage of Tuesday's analyst calls and Wall Street chatter. Meanwhile, Goldman Sachs noted Tesla and Rivian need to be careful when cutting prices. He increased his price target by $20 to $220, however, suggesting shares could shed 7.4% from Monday's close. Baird's $1,050 price target suggests shares can still climb more than 23%. His Tesla target of $220 implies upside of 17%, while his $13 forecast on Rivian points to a 19% gain from here.
Persons: Baird, Goldman Sachs, Tesla, Williams, Anthony Chukumba, Chukumba, — Pia Singh, Ranjan Sharma, Sharma, Morgan Stanley downgrades Sunnova, Morgan Stanley, Andrew Percoco, Percoco, Tristan Gerra, Gerra, Goldman, Mark Delaney, Delaney, Fred Imbert Organizations: CNBC, Nvidia, JPMorgan, Free Fire, NOVA, Amazon, Meta, Google Locations: Williams, Sonoma, Monday's, Tuesday's premarket
Why ‘Cruel Intentions’ still inspires, 25 years on
  + stars: | 2024-03-05 | by ( Jemal Polson | ) edition.cnn.com   time to read: +5 min
The characters outfits came from a variety of sources including luxury brands such as Prada, Gucci, Calvin Klein and Donna Karan. Christine Baranski, who appears as Bunny Caldwell – Cecile’s WASP-y mother – was adorned in Chanel-style suits from St John. A quarter of a century after it's initial release, the clever styling of Cruel Intentions is finding favor with a whole new demographic. “I was definitely inspired by Audrey Hepburn for the scene in the park,” Wingate says. Sarah (Michelle Gellar) and I both loved the idea.”A quarter of a century on, the influence “Intentions,” had — and continues to have — is undeniable, spawning a musical and a forthcoming series from Amazon.
Persons: CNN —, Kathryn Merteuil, Sarah Michelle Gellar, Sebastian Valmont, Ryan Phillippe, Annette Hargrove, Reese Witherspoon, Cecile Caldwell, Selma Blair, Pierre Choderlos de, ” “, Denise Wingate, Prada, Gucci, Calvin Klein, Donna Karan, Bob Frame, Shutterstock Keen, , Glenn Close, John Malkovich, Michelle Pfeiffer, Wingate, , Sebastian, Christine Baranski, Bunny Caldwell – Cecile’s, , St John, Cecile, Kathryn, Annette, Tessa Posnansky, Gary John Steele, deconstruct, Louis XIV, Harry F, , ” Posnansky, Melissa Moseley, du, Audrey Hepburn, ” Wingate, Sarah, Michelle Gellar, noughties, Netflix’s Organizations: CNN, Manhattan, Sinclair, New, Locations: French, LA, Sebastian, Columbia
They were gathered for the inaugural summit of The Juggernaut, a digital South Asian news startup that launched in 2019. The Juggernaut spokesperson told BI that "multiple employees have equity in the company," but BI was unable to identify any such employees. "Twenty years ago, you might've struggled to mention a South Asian actor that you've seen in a movie," he said. As of January, the site had about 10,500 subscribers, Sur told investors in an email viewed by BI. Some feel that the publication has strayed from its mission of delivering "untold, smart South Asian stories and news you won't find anywhere else."
Persons: , Richa Moorjani, Manish Chandra, Anish Melwani, Sadiq Khan, Amitav Ghosh, Roy Rochlin, Jay Bhattacharya, didn't, Sur, Padma Lakshmi, Moorjani, Mira Nair, Oprah Winfrey, she'd, who've, Josh Benson, Bhattacharya, might've, you've, Dev Patel, Priyanka Chopra, Black millennials, Bhattacharya's, Adam Hansmann, Kevin Lin, Albert Ni, Charles Hudson, Steve Jennings, Sur's, Kyle Stanford, Axios, Stanford, Snigdha, Winfrey, MICHAEL TRAN, hadn't, wouldn't, Fariha Róisín, Meghna Rao, Róisín, Rao, Rao didn't, they'd, she's, it's, Hudson, who'd, Reetu Gupta, Aditi Shah, Sean Gupta, Steven Simione, would've, we're, Brian Morrissey, Morrissey, cofounders, Narendra Modi's, Sneha Mehta Organizations: Spring Studios, Netflix, Business, New Yorker, Harvard Business School, Guardian, American, Old Town Media, Athletic, BI, Indian, Yale, McKinsey, Precursor Ventures, Forbes, Getty, TechCrunch, YouTube's Sustainability, YouTube, Paramount Pictures Studios, Immigration Services, Stanford, Digiday, Gannett Locations: York City, chai, Jean's, hasn't, Sur, New York City, South, Asian, India, Madhya Pradesh, Queens, Sur texted, Indian American, AFP, Róisín, Los Angeles , California, South Asia, Silicon
1 habit I see in my most resilient clients is the ability to shift their stress response from "fight-or-flight" to "tend-and-befriend." But social scientists have uncovered a different and equally important stress response called " tend-and-befriend ," which focuses on caring for others and reaching out to strengthen social connections. This response was extremely helpful when threats were physical, but it is far less so when threats are cognitive or social. We all know about fight-or-flight — the stress response that can occur when we encounter a perceived threat, like a 15-minute calendar invite from your boss titled "Performance." Hug, cuddle, or self-sootheEngaging in positive touch through hugs and cuddles with loved ones or even furry friends can dramatically reduce the distress of a negative situation.
Persons: it's, I've, Jason Shen, Y Organizations: Social, Stanford University, CNBC Locations: arm's
Elon Musk owns X, formerly Twitter, which has an advertising problem. AdvertisementThe company formerly known as Twitter has a well-known advertising problem: It is owned by Elon Musk, who does his best to repel advertisers. So look at a (very partial) solution to Twitter's advertising problem: Elon Musk! More specifically, Elon Musk's Tesla, which is advertising on the company formerly known as Twitter:This new? Model Y starts at $36,490 after Federal Tax Credit for eligible buyersBook a Demo Drive to try it https://t.co/McJ7TwPy4c — Tesla (@Tesla) February 29, 2024Beyond the novelty, a couple of other ideas:
Persons: Elon Musk, , Elon, Elon Musk's Tesla, uM6X0cQnKL — Jay Yarow, Tesla, Jay, — Tesla Organizations: Elon, Service, Twitter, YouTube, Federal Tax
A young worker complained about feeling lonely in a hotel room for a work trip and sparked an online debate. The US is facing a loneliness epidemic as young people feel increasingly isolated in a digital world. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA young worker has gone viral on social media and sparked a debate about loneliness and the relative merits of solo business trips after posting a TikTok complaining about feeling bored and alone in a hotel room for a work trip. Riley Scruggs, a senior creative strategist at Discover Financial Services in Washington, DC, posted a video on TikTok sitting around in a hotel room in suburban Illinois.
Persons: , Riley Scruggs, Scruggs, Eloise, I'm lowkey, Vivek Murthy, Murthy Organizations: Service, Discover Financial Services, US Locations: Washington ,, Illinois, TikTok
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore members of Congress are being elected at the far fringes: Former Sen. Kay Bailey HutchisonKay Bailey Hutchinson, former U.S. Ambassador to NATO and former U.S. Senator (R-Teas), and Steve Israel, director of Cornell University’s Institute of Politics and Global Affairs and former U.S. Congressman (D-N.Y.), join 'Squawk Box' to discuss the latest funding bills unveiled by Congress to avoid a government shutdown, state of politics on Washington, and more.
Persons: Sen, Kay Bailey Hutchison Kay Bailey Hutchinson, Steve Israel Organizations: NATO, Cornell University’s Institute of Politics, Global Affairs Locations: U.S, Washington
UBS upgrades Norfolk Southern to buy from neutral UBS said it sees margin improvement for the railroad. Goldman Sachs initiates Super Micro as neutral Goldman said the stock is an "AI winner" but that valuation is full right now. UBS reiterates Eli Lilly as buy UBS raised its price target on the stock to $910 per share from $810. UBS reiterates Nvidia as buy UBS said it's sticking with its buy rating after a series of investor meetings with the company." Argus upgrades New York Times to buy from neutral Argus said it sees revenue growth for the newspaper company. "
Persons: Morgan Stanley, Disney, Piper Sandler, Piper, Guggenheim, Baird, SQSP, Goldman Sachs, Goldman, Bernstein, Tesla, underperform Bernstein, Eli Lilly, Wells, Melius, Citi downgrades Ferrari, Jefferies, Evercore, it's, Rosenblatt, Snowflake, Slootman's Organizations: BROS, Guggenheim, GSK, UBS, Norfolk Southern, Micro, JPMorgan, Nvidia, Kyverna Therapeutics, FLT, UDR, Conservative, America Health, RBC, Apple, Citi, Ferrari, Jefferies, BP, Barclays, Barclays downgrades, ISI, Toast Inc, Bank of America, Ball Corp, of America, Broadcom, New York Times Locations: Norfolk, China, New
Turkish annual inflation soars to 67% in February
  + stars: | 2024-03-04 | by ( Natasha Turak | ) www.cnbc.com   time to read: +3 min
Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations. Analysts polled by Reuters had anticipated annual inflation would climb to 65.7% last month. The combined sector of hotels, cafes and restaurants saw the greatest annual price inflation increase at 94.78%, followed by education at 91.84%, while the rate for health stood at 81.25% and transportation at 77.98%, according to the statistical institute. "Obviously a disappointing set of inflation prints this morning," Timothy Ash, emerging markets strategist at BlueBay Asset Management, wrote in a note. He added that this development has "continued to put downward pressure on the lira," creating an inflation pass-through.
Persons: Liam Peach, Mehmet Simsek, Turkey's, Timothy Ash, Ash Organizations: Turkish Statistical Institute, Reuters, Food, Economics, Capital Economics, Turkish, BlueBay Asset Management, FX Locations: Sariyer, Istanbul, Turkish, London
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