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☆ How immigration reform will supercharge the labor market, reduce national debt by over $600 billion in the next 2 decades: Research Affiliates CIO
▼ + stars: | 2024-10-04 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Research Affiliates CIO Chris Brightman believes immigration reform is needed to boost the economy. One proposed policy is projected to energize the labor market and liquidate $0.6 trillion in debt. But to one chief investment officer, immigration policy isn't a matter of political debate — it's an economic nonnegotiable. A declining population brings with it a declining labor force. Immigration policy solutionsBrightman sees the need for more friendly immigration policies such as providing permanent residency to immigrants who graduate from US universities.

Persons: Chris Brightman, —, Brightman, they're Organizations: Research, Service, Social Security, Medicare, Immigrants, Penn Wharton Budget, Immigration Locations: Japan, Korea, Taiwan, Canada, New Zealand, Australia, outlays

☆ Undecided Voters Tell Us About Their Biggest Worries
▼ + stars: | 2024-10-04 | by ( Ruth Igielnik | Christine Zhang | ) www.nytimes.com time to read: +8 min

Among undecided and persuadable voters Personality/behavior No biggest concern Ethics/honesty Ability to do the job Threat to democracy Race/racism/sexism Court cases/convictions Abortion Immigration Other 10 20 30% What, if anything, is your biggest concern about Kamala Harris? Among undecided and persuadable voters Honesty/trustworthiness Judgment/character No biggest concern Economy Lack of experience Ideology Need to know more Immigration Track record Other 10 20 30% What, if anything, is your biggest concern about Donald Trump? Among undecided and persuadable voters Personality/behavior No biggest concern Ethics/honesty Ability to do the job Threat to democracy Race/racism/sexism Court cases/convictions Abortion Immigration Other 10 20 30% What, if anything, is your biggest concern about Kamala Harris? White woman, 30s, Arizona “Little power hungry.”White man, 30s, North Carolina “His authoritative tendencies.”Woman, 40s, Michigan “Probably his rhetoric, maybe, and how he presents himself. Voters specifically mentioned costs and inflation, a persistent concern among undecided and not fully decided voters over the last few months.

Persons: Donald J, Trump, Kamala Harris, —, He’s, ”, ” “, Georgia “, Joe Biden, Donald Trump, “, Donald Trump’s, Michigan “, doesn’t, Harris, Trump’s, ” Harris, she’s, North Carolina “, She’s, I’m Organizations: The New York Times, Siena College, New York Times, Trump, Wisconsin, North Carolina “, Michigan, North Carolina “ Democrats Locations: Ohio, Arizona, Wisconsin, Georgia, Arizona , Georgia, Michigan, North Carolina , Ohio, Siena, North Carolina

☆ Looking to retire soon? 10 most boomer-friendly cities to buy a home.
▼ + stars: | 2024-10-02 | by ( Christine Ji | ) www.businessinsider.com time to read: +3 min

States such as North Carolina and Florida remain popular among retirees for tax benefits. Retirees also have their eyes on cities in North Carolina. North Carolina offers strong healthcare facilities, a pleasant climate, and does not tax income from Social Security. Only 0.25% of local boomers bought a home in the San Francisco metro area in 2023 for a median price of $1.55 million. AdvertisementBelow, we list the top 10 most boomer-friendly cities to buy a home, the percentage of local boomer homebuyers, and the total number of boomer mortgages originated in 2023.

Persons: SmartAsset, —, Freddie Mac Organizations: Service, Sunshine, North Carolina . North Carolina, Social Security Locations: North Carolina, Florida, North Carolina . North, San Francisco

☆ These 3 indicators are pointing to a healthy labor market similar to the pre-pandemic boom, according to Goldman Sachs
▼ + stars: | 2024-10-02 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Investors are worried that labor market weakness could thwart a soft landing. AdvertisementAs inflation creeps downward, investors are increasingly turning their attention to the labor market to look for clues of a soft landing. Labor market fundamentals remain strong, according to Joseph Briggs, co-lead of Goldman Sachs' global economics team and a former Federal Reserve senior economist. "If we take a broad assessment across a number of different labor market indicators, they are still roughly where they were from 2017 to 2019, and that was a pretty healthy labor market," Briggs said. AdvertisementIn Briggs' view, the following three indicators point to a normalizing late-cycle labor market, and in turn, a strong economy.

Persons: Goldman Sachs, Joseph Briggs doesn't, Briggs, —, shouldn't, Joseph Briggs, We're Organizations: Service, Labor, Federal Reserve, Real

☆ Euro zone inflation falls to 1.8% in September, below the European Central Bank's 2% target
▼ + stars: | 2024-10-01 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Euro zone inflation fell to 1.8% in September, coming in below the European Central Bank's 2% target, flash data from statistics agency Eurostat showed Tuesday. The reading was in line with the expectations of economists polled by Reuters, after annual inflation hit a three-year-low of 2.2% in August. The core inflation rate, which excludes more volatile energy, food, alcohol and tobacco prices, came in at 2.7%. The figures come after September inflation eased below the 2% European Central Bank target in several key euro zone economies, including France and Germany. European Central Bank President Christine Lagarde on Monday said that policymakers were becoming more confident about inflation returning to the 2% target.

Persons: Christine Lagarde, Lagarde Organizations: Central, Reuters, Central Bank, European Central Bank, European Parliament's, Economic, Monetary Affairs Locations: A Coruna, Spain, France, Germany

☆ The unexpected gender dynamic shaping the 2024 election
▼ + stars: | 2024-10-01 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +16 min

CNN —All signs suggest that the partisan divide over changing gender roles in society could widen even further in the 2024 election, adding a new source of uncertainty to a contest already on a knife’s edge. That was only the latest example of his campaign signaling its support for traditional gender roles. “The messaging on gender coming out of the campaign broadly is very much about reaffirming traditional roles for women and for men,” Cassese said. In PRRI polling this year, nearly half of Republicans agreed with two absolutist statements about gender roles. His problem is that most voters outside the core GOP coalition are generally comfortable with the changes in gender roles and family dynamics since the “Father Knows Best” era in the 1950s.

Persons: Donald Trump’s, “, ”, Trump, Republican pollster Christine Matthews, it’s, Rosetta Stone, Kamala Harris, ” Trump, Daniel Cox, Cox, Matthews, Joe Biden, Louis, Dobbs, Harris, ” Erin Cassese, Chip Somodevilla, Hulk Hogan, Dana White, JD Vance, ” Cassese, Robert P, Jones, –, Ipsos, homemaking, Tresa Undem, ” Undem, that’s, ” Kamala Harris, Josh Edelson, ” Cox, Trump’s, I’ll, Donald Trump, Undem, ” Matthews, ‘, ’ ” Harris, Biden Organizations: CNN, Republican, Survey Center, American Enterprise Institute, Suburban Housewives, America, GOP, Trump, University of Delaware, Fighting, Public Religion Research Institute, Pew Research Center, AEI, Politico, “, ”, Air Force, San Francisco International Airport, Getty, Democratic, ” “, Harvard Kennedy School Institute, Politics, White Locations: Trump, New York, Pennsylvania, St, Washington ,, “, AFP, Wisconsin, Michigan , Pennsylvania

Tracking Attacks in the Vance-Walz DebateThe New York Times is analyzing patterns in Tuesday night’s vice presidential debate between Gov. We are tracking the candidates’ speaking time, breaking it down by issues and measuring how many minutes each side spends on the attack. walz Waiting for data ... vance Waiting for data ... walz vance Attacking Vance Waiting for data ... Attacking Walz Waiting for data ...

Persons: Vance, Walz, Tim Walz, JD Vance, Ohio, walz, vance, walz vance, Trump, Harris, . Walz Organizations: New York Times, Gov, Trump Time Locations: Minnesota, New York City

☆ Jeremy Grantham's right-hand man Ben Inker warns your 60/40 portfolio is in for a 'lost decade' of negative returns
▼ + stars: | 2024-09-30 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

The popular 60/40 portfolio of stocks and bonds has returned double digits annually since 1979. Inker shares the risks of the 60/40 strategy and where he's looking for opportunities. AdvertisementFor decades, the 60/40 strategy has been the gold standard of investing. As a result, the 60/40 portfolio right now is not set up to generate attractive returns. Related storiesInvesting against the grainInstead of the traditional 60/40 portfolio, Inker recommends taking a more flexible approach to different asset allocations.

Persons: Ben, —, Jeremy Grantham, doesn't, they've Organizations: Service, Bloomberg

☆ Three CEOs reveal their digital transformation strategies
▼ + stars: | 2024-09-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree CEOs reveal their digital transformation strategiesManaging Asia's Christine Tan was at a recent CNBC Connect event in Bangkok, Thailand, where she spoke with the CEOs of Kuehne+Nagel, CXA Group, and Kawada Technologies to find out how AI is transforming their businesses and how leaders can overcome challenges in a turbulent economic landscape.

Persons: Christine Tan, Nagel Organizations: CNBC, Kuehne, CXA, Kawada Technologies Locations: Bangkok, Thailand

☆ These 2 market indicators with perfect track records since 1984 are flashing a Harris presidency — but they could be wrong this time
▼ + stars: | 2024-09-29 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

The S&P 500's positive performance this year means that a Harris victory is likely, history says. The S&P 500 has gained 10% since August 5, and if it keeps going up, a Harris victory seems imminent. Likewise, the so-called Misery Index is flashing a Harris victory. If the stock market declines, the outlook for a Harris victory could quickly sour. While these indicators might be flashing a Harris victory for now, nothing's set in stone leading up to this election.

Persons: Harris, —, LPL, Adam Turnquist, Turnquist, it's, Jerome Powell, Lynch, nothing's Organizations: Service, Comerica Wealth Management, Federal

☆ Trump threatened John Deere. It’s just his latest attempt to bully a legendary American company
▼ + stars: | 2024-09-29 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

Trump, more so than any American president in modern history, has directly targeted individual US businesses, threatening them with everything from boycotts and canceled federal contracts to unthinkably high tariffs. Deere, the farm equipment maker founded nearly 200 years ago, became just the latest storied brand to get singled out by Trump. Bigger picture, the attack on Deere fits a broader pattern of Trump bullying companies when it suits him. “John Deere is an outstanding company. “Ultimately, it would lead to fewer sales, less revenue, less growth and fewer employees for John Deere,” said McDaniel, now a senior research fellow at George Mason University’s Mercatus Center.

Persons: New York CNN —, John Deere, they’ve, Donald Trump, Trump, “ Trump, Bill George, “, Nordstrom, Ken Frazier, Donald J, Trump’s, Julian Zelizer, Harry Truman, John F, Kennedy, Teddy Roosevelt, ”, Zelizer, ” Zelizer, ’ Trump, “ I’m, we’ll, ” Trump, George, “ John Deere, ” Christine McDaniel, George W, Bush, Deere, McDaniel, George Mason University’s, Billionaire Mark Cuban, Kamala Harris, Washington, Mary Lovely, ” Lovely Organizations: New, New York CNN, New York CNN — Apple, General Motors, Facebook, Trump, Deere, CNN, White, Apple, San Bernardino, FBI, US Postal Service, Boeing, Air Force, Motors, Merck, Meta, CNBC, Google, Princeton University, Harvard University, Center, Billionaire, Fox News, Street Journal, Peterson Institute for International Economics Locations: New York, Midwest, Mexico, San, Charlottesville , Virginia, United States, Pennsylvania, American, North America, Canada

☆ 8 tax-reducing steps to take before 2024 ends, according to $2 trillion wealth manager BNY Mellon
▼ + stars: | 2024-09-29 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

As 2024 draws to a close, now is the time for investors to review their tax strategy. AdvertisementWith October coming into view, it's a good time to sit down and review your tax strategy for 2024. On the other hand, high earners may want to defer investment income to minimize their net investment income tax (NIIT). Retirement considerationsBNY Mellon also said to consider maxing out your retirement accounts, such as a 401(k), traditional IRA, Roth IRA, and other plans. While this means you'll owe income tax on the money you convert, your assets will accumulate tax-free in the Roth IRA going forward, according to the note.

Persons: BNY Mellon, —, Mellon, Roth Organizations: BNY, Service, Mellon Wealth Management, Investors, Roth IRA

Republicans stand a good chance of erasing the Democrats’ narrow 51-49 Senate majority in November, a hard reality that complicates Harris' transition planning. Members of Harris’ transition team have studied that one — the handoff from Ronald Reagan to George H.W. Harris' team is operating under an unusually compressed timeline and is still building the basic apparatus needed to vet potential hires and staff an administration. Last month, Harris' campaign appointed Yohannes Abraham to run the team that is preparing for a transfer of power. He came to his new role with direct experience, having been executive director of Biden’s transition in 2020.

Persons: WASHINGTON, Kamala Harris, Harris, who’ve, Joe Biden, Biden, undercutting, —, Barack Obama, Robert Gates, George W, Bush's, Gates, ”, It’s, Ronald Reagan, George H.W, George H.W . Bush, They've, Hillary Clinton, Obama, Donald Trump, Yohannes Abraham, Abraham, Trump, “, she’s, Max Stier, There’s, Christine Wormuth, Kathleen Hicks, Michèle Flournoy, Rosa Brooks, ” Brooks, ” Harris, William Burns, Burns, who've, he's, Rohini Kosoglu, Harris ’, Julianne Smith, Phil Gordon, Sens, Chris Murphy, Chris Coons, Linda Thomas, Greenfield, Samantha Power, Walz, Pete Buttigieg, Buttigieg, it’s “, Gina Raimondo, Joe ”, ” Raimondo, Raimondo Organizations: Republican, Biden, Senate, NBC, Trump, Pentagon, Democratic, Senate Democrats, Republicans, University of Virginia's, Association of Southeast Asian Nations, ASEAN, Partnership for Public Service, Army, CIA, White House, NATO, United Nations, U.S . Agency for International Development, Transportation, Biden's Cabinet, Fox News Locations: Washington, George H.W ., U.S, Indonesia, Connecticut, Delaware, United, Biden's

☆ 3 market experts share the 8 companies that will profit the most from AI's insatiable energy appetite
▼ + stars: | 2024-09-26 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

Moody's estimates that between 2023 and 2028, the electricity usage in data centers will grow 43% yearly. That's not including the energy-intensive process of constructing even more data centers, which Big Tech is scrambling to do. Business Insider spoke with three market experts to get their thoughts on what companies are best positioned to succeed as AI's appetite for energy strains existing infrastructure. Baker is betting on the utilities and cooling solutions providers that service the energy needs of data centers. New infrastructure needs to be built out, and the existing infrastructure needs to be bolstered, according to Wilhelmus.

Persons: —, Mark Zuckerberg, Jennifer Foster, Foster, Graeme Baker, Baker, Schneider, Jakob Wilhelmus, Wilhelmus, Eaton Organizations: Service, Business, Big Tech, Chilton Investment Company, Broadcom, Marvell Technology, IBM, Schneider, Trane Technologies Locations: Virginia, Freeport, McMoRan

☆ Bank of America says these 3 higher-risk stocks are well-positioned to take off as rate cuts spur an economic recovery in 2025
▼ + stars: | 2024-09-25 | by ( Christine Ji | ) www.businessinsider.com time to read: +1 min

Bank of America says the economy should enter a "recovery" phase as early as next year. So investors may want to consider higher-risk small-caps, which outperform in recovery, BofA says. Below are three higher-risk stocks that are well-positioned to take off next year. Go to newsletter preferences Thanks for signing up! But despite warning signs emerging in the labor market, Bank of America says investors should start to consider adding riskier assets to their portfolio heading into 2025.

Persons: BofA, —, Justin Post Organizations: of America, Service, Bank of America, Bank of, Federal Reserve, Business Locations: Bank of America's

☆ A US ally in the Pacific says it wants to keep a new American missile system that China got all 'dramatic' about 'forever'
▼ + stars: | 2024-09-25 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewA top Philippine general wants a new US missile system to remain in the country "forever" to boost its defenses and deterrence capabilities. The American weapon, the Mid-Range Capability missile system, has drawn China's ire. The MRC, also known as Typhon, is the US Army's new ground-based missile system capable of firing both the Standard Missile 6 and Tomahawk Land Attack missile. The Typhon system fills a gap in the US arsenal, offering a particularly versatile new land-based intermediate-range missile option as US rivals develop and field similar capabilities. Its ongoing deployment has angered China, which has repeatedly demanded the missile system be removed and accused the US of fueling an arms race.

Persons: —, Romeo Brawner Jr, he'd, Taylor, Enrique Manalo, Wang Yi, Manalo, Christine Wormuth Organizations: Service, MRC, Business, Armed Forces, Nuclear Forces Treaty, U.S . Navy, Associated Press, US, Association of Southeast, Nations, US Army, Force Locations: Philippine, Beijing, Philippines, China, Pacific, U.S, Washington, Manila, Laos, Japan

☆ Harris’ Georgia challenge: reassembling Biden’s diverse 2020 coalition
▼ + stars: | 2024-09-24 | by ( John King | ) edition.cnn.com time to read: +12 min

Georgia voter Christine Nguyen and John King in Decatur, Georgia CNNRebel Teahouse is in Decatur, in reliably blue suburban DeKalb County just outside Atlanta. It is one of the places that helped Biden to his stunning, razor-thin 2020 Georgia win and is now a key test of whether Harris can assemble a similar winning coalition. “Absolutely no,” was Gardner’s answer when we asked whether the switch from Biden to Harris would make him rethink. Republican George W. Bush won 66% in Gwinnett in 2004; in 2020, Biden carried the county with 58%. CNNLike Ngyuen, Hallmon sometimes finds herself in debates over whether Harris or Trump is better for small business and the overall economy.

Persons: Kamala Harris, Christine Nguyen, “, ” Nguyen, That’s, Nguyen, Joe Biden, Donald Trump, Harris, –, John King, Biden, Trump, Biden’s, Kamala, ” Harris, ”, Jan Gardner, ” John King, Suresh Sharma, CNN Suresh Sharma, ” Sharma, Sharma, Republican Mitt Romney, Cobb, ‘, Harris Chantá Villano, Willis, Villano, I’ve, ” Villano, ” Willis, ” Kim Cavaliere, Republican George W, Bush, Cavaliere, ” Cavaliere, ” Hallmon, Hallmon, ’ Hallmon, Martin Luther King Jr, Lakeysha Hallmon, that’s Organizations: Georgia CNN, Biden, Trump, Democratic, Decatur , Georgia CNN, Black, White, CNN, Statewide, American, Pacific Islanders, NASA, General Electric, Republican, Republican Party, Washington, Retail, Sears, Ward Locations: Decatur, Georgia, battlegrounds, Decatur , Georgia, DeKalb County, Atlanta, United States, India, Jamaica, Vietnam, Marietta, Cobb County, Mexico, Powder Springs, MAGA, cryptocurrencies . Georgia, Powder Springs , Georgia, Massachusetts, Gwinnett County, Gwinnett, Ponce City, Atlanta’s

Take a look below at the stocks we found that have formed golden cross patterns, according to FactSet data. McDonald's McDonald's made the screen. Goldman Sachs on Monday reiterated its neutral rating but lifted its price target on McDonald's shares by $41 to $325, which implies 8.7% potential upside. Cisco Systems Cisco Systems shares are up about 3.8% this year and made the cut. Analysts polled by FactSet have an average price target of $83.79, which forecasts less than 1% upside for shares according to Monday's close.

Persons: Dow, McDonald's McDonald's, McDonald's, Goldman Sachs, Christine Cho, Pierre Ferragu, Monday's, Wells, Wells Fargo Organizations: McDonald's, Cisco Systems, Nasdaq, Cisco Systems Cisco Systems, CF Industries, FactSet Locations: Monday's, Wells Fargo

☆ Demi Moore's grotesque new movie 'The Substance' has a shocking, bloody, and unhinged ending — and Oscar buzz
▼ + stars: | 2024-09-24 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +10 min

Demi Moore gives the wildest performance of her career in French filmmaker Coralie Fargeat's provocative new movie "The Substance." "The Substance" centers on Elisabeth Sparkle (Moore), a former A-lister whose career is on the decline. They can't survive separately because with Elisabeth dead, there's no more stabilizer fluid, and without stabilizer fluid, Sue can't continue to exist. So Sue's body (while she's en route to the big New Year's Eve performance) starts deteriorating: her teeth begin coming out, and a nail pops off. The monster rips down a photo of Elisabeth's younger face and tapes it on, then dolls itself up with carefully placed earrings and some makeup.

Persons: Demi Moore, Coralie, Palme, Fargeat, Moore, —, Elisabeth Sparkle, lister, Elisabeth, she's, Harvey, Dennis Quaid, who's, convulses, Margaret Qualley, double's, Sue, Sue doesn't, specter, it's, Christine Tamalet, Elisabeth isn't, Sue wakes, Sue can't, regurgitates Organizations: Service, Cannes Film, Business, Hollywood Locations: Hollywood

☆ A new US missile system that showed up in the Pacific this year keeps making China more and more unhappy
▼ + stars: | 2024-09-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

The US military deployed its Mid-Range Capability, or Typhon, missile system to the Philippines in April, and US military officials have expressed interest in deploying it in Japan. The MRC is a versatile new ground-based missile system that is capable of firing the Standard Missile 6 (SM-6) and Tomahawk Land Attack Missile System. The US military deployed the missile system overseas for the first time in April, putting it in the Philippines amid a joint exercise between the two militaries. AdvertisementWhile the new weapon wasn't fired during the exercise, its presence in the region irked China, which demanded the system be removed. Russia is said to have violated the Cold War-era arms-control pact by developing and fielding the SSC-8/9M729 missile system.

Persons: —, wasn't, Zachary Anderson, Enrique Manalo, Wang Yi, Manalo, Lin Jian, Army Christine Warmouth, Lin, Robert S, Price, Trump, Vladimir Putin's Organizations: Service, Business, MRC, Missile, US Army, US Army Pacific, US Navy, Zachary Anderson Philippine Foreign, Association of Southeast, Nations, Defense, Army, ., Navy, US, Nuclear Forces Treaty, NATO Locations: China, Beijing, Philippines, Japan, Zachary Anderson Philippine, Laos, Pacific, Russia, Moscow, Europe, Ukraine

In the flood of election polls you’ll see over the next few weeks, most polling groups will include responses from “likely voters.” And often from nobody else. In theory, these poll numbers should yield more accurate results, since the people who actually vote are the ones who dictate the outcome on Election Day. After all, how exactly can a pollster know who is “likely” to vote, and who therefore will be the focus of their results? The choices they make are important, because the results of likely-voter polls can differ from those that sample a wider population, such as everyone who is registered to vote. In a close race like this year’s presidential contest, one candidate might lead in a poll among likely voters, while another might lead in the same poll’s tally of registered voters.

☆ 13 stocks leading the AI revolution poised to turn early infrastructure investment into huge profit growth: Moody's
▼ + stars: | 2024-09-23 | by ( Christine Ji | ) www.businessinsider.com time to read: +3 min

The 13 companies identified below have created tangible competitive advantages by investing in AI infrastructure in the early stages or finding a mission-critical niche within the AI value chain. Investing in the AI value chainIt's still early innings for the AI revolution. Next is the cloud services providers, which store data and train AI models in data centers, followed by the AI foundation models that power ChatGPT. Finally, software infrastructure players assist in integrating AI models into the AI application, or end product that consumers use. These players hold considerable market share across multiple layers of the AI value chain, resulting in higher returns as they use AI in multiple business areas.

Persons: —, Vincent Gusdorf, Moody's, Gusdorf Organizations: Service, Business, Big Tech

☆ The self-driving future will look unremarkable. That's the point.
▼ + stars: | 2024-09-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

The view of the Waymo depot from Sophia Tung's apartment. To be clear, Waymo's cars are impressive. AdvertisementA surveillance company reached out to Sophia Tung to upgrade her Waymo livestream equipment. Sophia TungSince it went up on YouTube, Tung's livestream has received a few upgrades. Every hour, a digital goose will also pop up somewhere on the screen — an homage to the once-honking cars, the engineer said.

Persons: —, Sophia Tung, Tung, Sophia Tung's, Tung's, ennui, Waymo, BI's Peter Kafka, livestream, It's, Christine, John Carpenter's, Stephen King, Christine doesn't Organizations: Service, YouTube, Business, Logitech, Radio, San, PACE, Plymouth, NBC Bay Area Locations: Waymos, Market, San Francisco, Tung, Sophia, German

☆ Park your cash in these 3 places to get higher yields than money-market funds as interest rates fall, according to Goldman Sachs
▼ + stars: | 2024-09-22 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

3 trades for falling interest ratesFor investors concerned about the yield on their cash, one solution might be ultrashort bond funds. In the last 12 months, ultrashort bond funds have materially outperformed taxable money market funds, returning an average of 6.36% compared to 5.09% for money markets, according to Morningstar. McCarthy recommends investing in a mix of ultrashort securities such as investment-grade corporates, asset-backed securities, and government securities for diversification purposes. AdvertisementThe Nuveen Ultrashort Income ETF (NUSB) and the Goldman Sachs Access Ultrashort Bond ETF (GSST) are examples of ultrashort bond funds. Investors can gain exposure to premium income funds through the SPDR SSGA US Equity Premium Income ETF (SPIN) and JPMorgan Equity Premium Income ETF(JEPI).

Persons: —, Scott Diamond, Brendan McCarthy, Goldman Sachs, Morningstar, McCarthy, Diamond Organizations: Service, Federal Reserve, Equity, Business, Goldman Sachs Asset Management, Bond, Bond ETF, JPMorgan Ultrashort, Investors, JPMorgan Equity Locations: Treasurys

☆ How the Sean ‘Diddy’ Combs indictment compares to the R. Kelly sexual abuse cases
▼ + stars: | 2024-09-21 | by ( Dakin Andone | ) edition.cnn.com time to read: +9 min

Combs, meanwhile, was indicted in the Southern District of New York on three counts: racketeering conspiracy, sex trafficking and transportation to engage in prostitution. Members of the enterprise also witnessed acts of violence by Combs against the victims, it says. It was unclear whether Ventura reported any of the allegations of abuse to police and a federal lawsuit was later settled. Court sketch of Sean "Diddy" Combs in federal appeals court Wednesday, Sept 18., presided over by Judge Andrew Carter. The indictment against Combs outlines a number of alleged victims, women and sex workers among them, but does not say how many there are.

Persons: Sean “ Diddy ” Combs, Robert Sylvester Kelly, Combs, ”, Nadia Shihata, Kelly, ” Kelly, –, ” Robert Sylvester Kelly, Ann M, Donnelly, Christine Cornell, John Miller, ” Miller, ” Combs, Neama Rahmani, Casandra, Cassie ” Ventura, Ventura, ” Rahmani, Sean, Diddy, Judge Andrew Carter, ” “ He’s, ” CNN’s Eric Levenson contirbuted Organizations: CNN, of, of Illinois, Areva Martin, United States, Intelligence, Homeland Security Investigations, Southern District, of New York, West Locations: New York City, Eastern, of New York, York, Southern, New York, Illinois

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