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☆ My daughter started trick-or-treating without adults when she was 6. We wanted to give her the independence we grew up with.
▼ + stars: | 2024-10-30 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . My daughter, Julia, was 6 when she went trick-or-treating for the first time without me or my husband, Troy, on Halloween 2021. Eskridge with her daughter, Julia, then 6, at a neighborhood Halloween party in 2021. In 2022, Julia went trick-or-treating with two friends, one 7 and the other 8. The parent of the 7-year-old wanted to tag along, and although she was a bit disappointed, Julia went with the flow.

Persons: Kay Eskridge, —, Julia, Troy, Jonetta, We'd, I'd, we'd, Nobody, Miss Dee, I've, we're, She'll Organizations: Service, Child Protection Services, Business Locations: Louisville , Kentucky, Troy

☆ Here is the letter from Sam Bankman-Fried’s parents to Judge Kaplan.
▼ + stars: | 2024-10-30 | by ( ) www.nytimes.com time to read: +4 min

Sometime in middle school Sam began to think more systematically and globally about ethical obligations. While he was still in high school, Sam started to think hard about the implications of utilitarianism for how he should live his life. There is great nobility in his indifference to his own happiness, but there is also great sadness for us as parents. After everything came apart in November 2022, Sam shared a lot of things with his dad and me that he had never said before. In the end, I am in no position to argue him out of his subjective experience of life.

Persons: Sam, Derik Parfit, veganism, I've Organizations: MIT Locations: Bay

☆ Meet the 20-year-old Democrat running a multimillion-dollar PAC targeting Gen Z
▼ + stars: | 2024-10-29 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +3 min

“You need real young people,” said Austin, the founder of ForwardBlue. He says he’s devoted as much time as possible to politics since then, postponing college and deprioritizing typical adolescent activities. “I spent every minute I could after school volunteering for my state party, building websites for Democrats, doing whatever I could,” he said. What sets the group apart from other Democratic groups trying to reach young people is not just its message, Austin said, but how it delivers it. “The rent is too damn high,” Austin said, referring to a political moment that went viral when he was in first grade.

Persons: David Austin, ”, Austin, ” Austin, Donald Trump’s, he’s, “, they’re, Sen, John Fetterman, Kamala Harris, Joe Biden, can’t Organizations: Gen, Pennsylvania Democrat Locations: mom’s, Jersey, Pennsylvania, Maryland , Montana , Ohio, Wisconsin

☆ No need to be 'purely defensive' because of US election risk, says CIO
▼ + stars: | 2024-10-29 | 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 EmailNo need to be 'purely defensive' because of US election risk, says CIOHartmut Issel, Head CIO Equities APAC at UBS Global Wealth Management, makes the case for investment-grade bonds and financials as strategic plays, regardless of who wins the presidency in the U.S. election race.

Persons: Hartmut Issel Organizations: UBS Global Wealth Management Locations: U.S

☆ Cash is no longer king. Here are 3 alternatives investors are trading it for, according to chief money managers.
▼ + stars: | 2024-10-29 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Investors face diminishing returns from cash alternatives as interest rates decline. Today, cash alternatives are yielding slightly less. Specifically, those who didn't have liquidity needs but chose to sit in cash anyway missed out on a strong year for the S&P 500. If liquidity needs arise, investors may be able to sell for a profit if the Fed's cutting cycle is steeper than expected, he added. Simply put, the M2 money supply, which includes cash and cash alternatives, has skyrocketed since 2020 by over 36%, debasing the dollar.

Persons: —, Mark Malek, Siebert, Malek, David Miller, Miller, Millers Organizations: Service, Treasury, AAA, Catalyst Funds, Federal, World Gold Council, Investors Locations: Treasuries, Russia, Central

☆ Israel’s strikes on Iran shattered a forty-year taboo. Tehran may now be forced to rethink its defense strategy
▼ + stars: | 2024-10-29 | by ( Mostafa Salem | ) edition.cnn.com time to read: +7 min

Israel openly said it conducted “precise strikes” on military targets in Iran. “Israel now has broader aerial freedom of operation in Iran,” Israel’s military spokesman Daniel Hagari said, touting achievements in the attack. The idea was that if Israel were to strike Iran, Tehran would retaliate by unleashing its militias against Israel. Iranian officials have repeatedly stated that they have no intention of weaponizing the country’s nuclear program, while simultaneously using its potential as leverage in negotiations with the West. “Even the more hawkish American presidents have not favored taking military strikes because the most likely outcome is that, at some point, that will make Iran turn nuclear,” Parsi said.

Persons: CNN —, Israel, Israel didn’t, “, ”, Daniel Hagari, Ayatollah Ali Khamenei, Benjamin Netanyahu, Nicole Grajewski, Hassan Nasrallah, ” Mohammad Ali Shabani, Amwaj.media, Trump, Fatemeh, Parsi, Grajewski Organizations: CNN, Schools, Iran’s, Quincy Institute, Responsible, Nuclear, Carnegie Endowment, International Peace, Israel, West, Bushehr Nuclear Power, Anadolu Agency, Getty Locations: CNN — Iran, Republic, Israel, Iran, Islamic Republic, Israeli, Damascus, “ Israel, Tehran, Washington, Syria, Israel’s, Gaza, Lebanon, London, Iraq, Bushehr

☆ ‘Venom 3’ slinks to $51 million, lowest opening weekend of comic book trilogy
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +6 min

1 at the box office, but the comic book film fell significantly short of expectations. After much bigger launches, the first “Venom” powered to $856 million worldwide while “Let There Be Carnage” surpassed $500 million worldwide. The follow-up to 2019’s billion-dollar hit “Joker” has turned into a box office disaster with $57.8 million domestically and $201.1 million globally. The R-rated sequel to 2022’s “Smile,” which topped the box office last weekend, has generated $40.7 million in North America and $83 million worldwide to date. The well-reviewed family film has endured at the box office with minimal week to week drops, amassing $111 million domestically and $232 million worldwide so far.

Persons: “, Tom Hardy, ”, Venom, Kelly Marcel, Hardy, Eddie Brock, Jeff Bock, ’, Robert Zemeckis, Tom Hanks, Robin Wright, Dwayne “, ” Johnson, “ Moana, David A, Gross, Ralph Fiennes, Edward Berger, Audiences, Andrew Garfield, Florence Pugh, Sean Baker’s Palme d’Or Organizations: Marvel, Sony, Yankees, Dodgers, Rotten, Entertainment Research, Warner Bros, Catholic, Universal, DreamWorks, Cannes Locations: New York City, Los Angeles, North America, CinemaScore, Russian

☆ How to position fixed-income portfolios for a Trump or Harris win, according to RBC
▼ + stars: | 2024-10-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Income investors have a lot riding on the outcome of next week's presidential election, according to RBC Global Asset Management. Positioning if Harris wins A win by Harris would be constructive for fixed-income, Skiba said. With money markets close to multi-year highs, there is a lot of money that investors can put to work, he noted. There is $6.51 trillion sitting in money market funds as of the week ended Oct. 23, according to the Investment Company Institute . "There actually might be a window of opportunity for fixed-income investors to reposition their portfolios without too much pain incurred in the process," Skiba said.

Persons: Andrzej Skiba, Donald Trump, Trump, Kamala Harris, Skiba, Harris Organizations: RBC Global Asset Management, Federal, Trump, Investors, Investment Company Institute Locations: U.S

☆ This crypto business just acquired a Swiss asset manager to take their business to the next level
▼ + stars: | 2024-10-28 | by ( ) www.businessinsider.com time to read: +4 min

The acquisition of Crypto Finance Asset Management by Matrixport is taking the crypto financial services hub into new markets. The new acquisition is an entry point to the European crypto asset management marketKeen to maximize what it offers its investors, Matrixport has gone one step further through the 100% equity acquisition of Crypto Finance (Asset Management) AG (CFAM), a licensed Swiss crypto asset manager. Previously part of the Deutsche Börse Group-owned Crypto Finance Group, following the all-cash acquisition, CFAM will be renamed to Matrixport Asset Management (MAM). Through the acquisition, Matrixport gains entry into the European crypto asset management market. With such an array of services available, the acquisition enables clients access to innovative crypto asset management products.

Persons: Matrixport, Keen, CFAM Organizations: Crypto Finance, Management, Asset Management, Deutsche Börse, Matrixport Asset, Swiss Financial Market Supervisory Authority, MAM, US Securities, Exchange, underwriters, APEX Group, Insider Studios Locations: Swiss, Europe, Hong Kong, Matrixport

☆ Stevie Nicks says that going through with her pregnancy in 1979 would have 'destroyed' Fleetwood Mac
▼ + stars: | 2024-10-28 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

Stevie Nicks says that going through with her unplanned pregnancy would have broken up Fleetwood Mac. Nicks was inspired to write her latest song, "The Lighthouse," after the Supreme Court overturned Roe v. Wade. An online poll found that 76% of women were concerned that the overturn of Roe v. Wade would impact their career advancement. AdvertisementWith the presidential election less than two weeks away, Stevie Nicks, 76, is speaking out about abortion rights. She said she was inspired to write the song after hearing that the Supreme Court had overturned Roe v. Wade.

Persons: Stevie Nicks, Fleetwood Mac, Nicks, Roe, Wade, —, Rolling Stone, It's, Kamala Harris, Donald Trump, Favianna Rodriguez, Tracy Young, Young Organizations: Service, CBS, Sunday, Roll Hall of Fame, Business Insider, BI Locations: United States, Houston, LeanIn.Org

☆ Meta exec shares what she's learned from Mark Zuckerberg after working with him for nearly 20 years
▼ + stars: | 2024-10-28 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

One of Meta's longest-tenured execs shared insights from the 19 years she's worked with Mark Zuckerberg. Head of product Naomi Gleit talked about lessons from his leadership on "Lenny's Podcast." AdvertisementA Meta exec recently reflected on some of the lessons she's learned from nearly two decades working with company cofounder and CEO Mark Zuckerberg. She talked about her experience working with Zuckerberg for over 19 years during an episode of "Lenny's Podcast" released Sunday. Another Meta exec, CTO Andrew "Boz" Bosworth , previously talked about Zuckerberg's approach to feedback.

Persons: execs, she's, Mark Zuckerberg, Naomi Gleit, —, Zuckerberg, I've, Gleit, Zuckerberg's, Mark, Andrew, Boz, Bosworth, Meta, Zuck Organizations: Service, East Palo, Reuters, Street Journal Locations: East, East Palo Alto

It’s going to be Donald Trump or me.”Vice President Kamala Harris listens to community leaders and residents at the Philly Cuts barbershop in Philadelphia on Oct. 27. Saul Loeb / AFP - Getty ImagesIf voters pick Trump, they’ll be getting a president who is “full of grievance,” she added. With 19 electoral votes, Pennsylvania is a must-win proposition for Harris’ campaign. Trump won the state in 2016 in his race against Hillary Clinton, but lost it to Joe Biden four years later. “Philadelphia is a very important part of our path to victory, and it is the reason I’m spending time here and have been spending time here,” Harris told reporters.

Persons: Kamala Harris, Donald Trump, “ stewing, Harris, “, ”, “ It’s, Saul Loeb, they’ll, It’s, ” Harris, Trump, Hillary Clinton, Joe Biden Organizations: Office, Philly, AFP, Getty, Trump, Democratic Locations: Philadelphia, West Philadelphia, Pennsylvania, Puerto Rican, Michigan, Wisconsin, “ Philadelphia

☆ We moved from California to Idaho with small-town retirement dreams but moved back after 4 years.
▼ + stars: | 2024-10-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Jodi Wright, 56, moved from California to Idaho in 2020 in search of a quiet place to retire. But the family moved back to California earlier this year because of rising prices. AdvertisementWe moved to Idaho in December 2020We listed our house in California, and it sold in one day. Jodi Wright and her family moved to Caldwell, Idaho, a small town about 30 minutes outside of Boise. One of the major differences we noticed between California and Idaho is how clean Idaho is.

Persons: Jodi Wright, Wright, —, We've, COVID, it's, I'm, we're, We're Organizations: Service, Republican, Getty Locations: California, Idaho, Boise, Sacramento , California, Caldwell , Idaho, Redfin, Washington State, Caldwell, Oregon, Dixon , California

☆ 14 earnings reports and major economic data will be the stock market movers this week
▼ + stars: | 2024-10-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The Street is looking for Stanley Black & Decker sales of $3.8 billion in the third quarter and earnings per share (EPS) of $1.05. The Street is looking for Linde sales of $8.35 billion in the third quarter and EPS of $3.89. In addition to the headline results and forward guidance, overall organic sales growth and data center energy power demand will be focus items for investors. The Street is looking for sales of $94.47 billion in its fiscal fourth quarter and EPS of $1.55. The Street is looking for Coterra sales of $1.3 billion in the third quarter and EPS of 34 cents.

Persons: That's, It's, Stanley Black, Decker, we're, We're, Eli Lilly, Lilly, Amy Hood's, Brian Niccol, Wednesday's, Linde, it's, we'll, Phillips, Horton, Kraft Heinz, SIRI, Estee Lauder, BUD, Cardinal Health, Jim Cramer's, Jim Cramer, Jim, Stephanie Keith Organizations: Nasdaq, Dow, Fed, PCE, YouTube, Justice, AMD, GE Healthcare, Reality Labs, Microsoft, Management, Starbucks, U.S, Presidential, Linde, Apple Intelligence, Amazon, Services, Coterra Energy, WM, Cadence Design Systems, Labor, PayPal, BP, Pfizer, Royal Caribbean Cruises, JetBlue, HSBC, Devices, Grill, Electronic Arts, EA, Gross, Caterpillar, Brinker International, AFortive Corporation, Illinois Tool, Coinbase, eBay, EBAY, Booking Holdings, MGM Resorts, MGM, Bausch Health, LIN, Merck, ConocoPhillips, Mastercard, Altria, Cruise, Myers Squibb, Comcast, Mobileye, Cheniere Energy, Regeneron Pharmaceuticals, Anheuser, Busch InBev, Intel, United States Steel, Juniper Networks, Chevron, Exxon Mobil, Dominion Energy, Charter Communications, LyondellBasell Industries, Cardinal, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Eaton, Corning, Illinois, Bristol, New York City

ASHEVILLE, N.C. — One month after Hurricane Helene destroyed mountain towns, swept away homes and upended countless lives here, thousands of Buncombe County’s students returned to school Friday. The district has more than 22,000 students and 45 schools, according to Rob Jackson, the superintendent of Buncombe County Schools. Caleb Freeman, a senior at A.C. Reynolds High School, said he was looking forward to being “around people again” after feeling “pretty lonely and kind of helpless.”Caleb Freeman, senior at A.C. Reynolds High School. Zoe Love, a senior at A.C. Reynolds High School. Students in the marching band at A.C. Reynolds High School practice Thursday.

Persons: Helene, Rob Jackson, Caleb Freeman, ” Caleb Freeman, Freeman, it’s, “, ”, ” Hall, ” “, Zoe Love, I’ve, Love, they’re, we’ve, ” Jackson, Jaime Canton, Liz Tallent, Tallent, Kathy Park, Daniella Silva Organizations: A.C, Reynolds High School, NBC, Rawleigh, football, Jackson Locations: ASHEVILLE, N.C, —, North Carolina, Buncombe, Buncombe County, Asheville, New York

Former Abercrombie & Fitch CEO Mike Jeffries and an alleged accomplice pleaded not guilty on Friday to sex trafficking and interstate prostitution charges. Jeffries’ romantic partner, Matthew Smith, who was also arrested on Tuesday on sex trafficking charges, wasn’t at the arraignment. Jeffries, Smith and Jacobson have each been hit with a single count of sex trafficking, as well as 15 counts of interstate prostitution tied to 15 alleged victims. They organized “sex events” in England, France, Italy, Morocco, St. Barts, New York City and the Hamptons for Jeffries, Smith and “others,” according to the indictment. Afterward, it was either Jacobson or the staff members who paid the men for attending the sex events, it says.

Persons: Mike Jeffries, Jeffries, James Jacobson, Jacobson, Brian H, Bieber, Jeffries ’, Matthew Smith, wasn’t, Smith, ” Jeffries, Peace, “, Prosecutors, ”, Fitch, Abercrombie Organizations: Abercrombie, Fitch, West Palm Beach, Eastern, of, Hamptons, Jeffries, BBC, NBC News, CNBC Locations: Central Islip , New York, West Palm Beach , Florida, Florida , New York City, Long, Rice Lake , Wisconsin, West Palm, of New York, England, France, Italy, Morocco, St, Barts , New York City, U.S

☆ Just the Facts – US Population: Steve Ballmer Talks Through the Numbers
▼ + stars: | 2024-10-25 | by ( ) www.businessinsider.com time to read: +10 min

Watch and get the facts about the US population and how America lives. I am Steve Ballmer, I spent 34 years growing Microsoft, 10 years owning the LA Clippers basketball team. For men, that's actually a six percentage point increase since 1960, but the share of young women living at home is up 20 percentage points. Let's look at six different groups of people based upon Census Bureau data. First, let's look at people who identify as white, but not Hispanic.

Persons: Steve Ballmer, USAFacts, That's, that's, I've Organizations: Insider Studios, Watch, LA Clippers, Census Bureau, US Census Bureau, Seattle, Medicare Locations: America, United States, Russia, China, Brazil, Canada, Texas, New York, North Dakota

In vulnerable groups, E. coli infection can also lead to serious kidney complications and death. People can become infected after consuming contaminated food or water, or coming into contact with the feces of animals or infected people. E. coli symptoms usually show up three to four days after ingesting the bacteria, but it may take up to 10 days. Once the contaminated food enters the kitchen, it’s also possible for cross-contamination to occur if ingredients are mixed or handled improperly. If you are experiencing diarrhea, don't swim in a public pool to minimize the risk of transmission.

Persons: ”, Prashant Singh, coli, Barbara Kowalcyk, don’t, ” Kowalcyk, Kevin, it’s, Donald Schaffner, Schaffner, ” Schaffner, Singh Organizations: Centers for Disease Control, Prevention, Florida State University, Institute for Food Safety, Nutrition Security, George Washington University Milken Institute School Public Health, Department of Food Science, Rutgers University, Food Safety Advisory Council Locations: U.S, New Jersey, California

☆ I interviewed Google applicants and ranked them on 'Googleyness.' Here I found the greatest interviewee I've ever had.
▼ + stars: | 2024-10-24 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

Jerry Lee, a former Google manager, said the company graded candidates on four attributes. He said Googleyness requires a set of soft skills that is objective. While at Google, I interviewed several potential new hires and ranked them based on "Googleyness." Googleyness captures the broad range of soft skills needed to align with your coworkers, such as dependability, helpfulness, and willingness to go above and beyond. When answering a question in a Google interview, make sure your answer is honest, company-specific, and proves your soft skills.

Persons: Jerry Lee, Lee, —, you've, I've, they'd, Tess Martinelli Organizations: Google, Service, Big Tech Locations: tmartinelli

☆ Clippers open Intuit Dome with The Wall! and opposing fans are already testing the rules
▼ + stars: | 2024-10-24 | by ( Fred Katz | ) www.nytimes.com time to read: +6 min

His friend, a Clippers fan, had invited him to opening night. is a place by Clippers fans and for Clippers fans. Within moments, he was out, the first fan in Clippers history asked to leave The Wall. on Wednesday, and it wasn’t Chris, Steve, Ashley or any other adult who attended the overtime thriller. “That one,” the guard said, “I had to let go.”(Photo of Clippers owner Steve Ballmer: Ronald Cortes / Getty Images)

Persons: Chris, Steve, Chuck the Condor, Kevin Durant, Corey Maggette, Durant, ”, Yolanda, Ashley, Sharon, ” Sharon, “, —, Kirby Lee, Leonard, Devin Booker, couldn’t, Steve Ballmer, Ronald Cortes Organizations: LA Clippers, Los Angeles, Clippers, Phoenix Suns, NBA, Intuit, Steve Ballmer University, The Clippers, Suns, Intuit Dome, Wednesday’s Suns, Getty Locations: INGLEWOOD, Calif, Phoenix

☆ Where Vanguard sees opportunity to earn income right now
▼ + stars: | 2024-10-24 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

With the Federal Reserve rate-cutting cycle now underway, income investors may want to take a closer look at their portfolios. In this environment, Vanguard likes higher-quality, fixed-income assets. However, with high yield credit, Vanguard is focusing on bottom-up security selection due to the dispersion among issuers. CCC-rated bonds gained 12.5% year to date, as of Sept 30, versus the 4.3% return in AA credit, according to Vanguard. Individual investors can get access to corporate credit through mutual funds or exchange-traded funds comprising investment-grade or high-yield bonds.

Persons: Sara Devereux, Devereux, Colleen Cunniffe, Cunniffe, outsized Organizations: Federal, Vanguard, Fed, Investor, Securities, Exchange Commission, Fund Locations: Utilities

☆ Groq CEO Jonathan Ross reveals strategy to lead AI chip market
▼ + stars: | 2024-10-24 | by ( Hugh Langley | ) www.businessinsider.com time to read: +3 min

While many AI companies have focused on training large language models, Groq seeks to make them run as fast as possible using chips it developed called LPUs, or language processing units. The gambit is that as AI models get better, inference — the part where the AI makes decisions or answers questions — will demand more computing power than training will, positioning Groq to reap the rewards. Groq's special (and tightly patented) sauce is its specialized chip design says Ross. Dean asked Ross's team to design a chip based on a specific type of integrated circuit they were using, and the result was Google's first tensor processing unit, a chip designed specifically for AI. Watching the AlphaGo program land a complex "shoulder hit" move on its opponent was validation for Ross that faster inference meant better, smarter AI.

Persons: Groq, Ross, —, Google's, Jeff Dean, Dean, Ross's, Lee Sedol Organizations: Rivals, Nvidia, Google

☆ New Boeing CEO to give clues about company's future, while striking workers vote on new contract
▼ + stars: | 2024-10-22 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +7 min

Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from a potential strike-ending labor agreement to a slimmed-down future. When he takes the mic for his first earnings call as Boeing’s CEO on Wednesday, more than 32,000 striking machinists will start voting on a new, sweetened contract proposal. “I think it’s going to be a tight vote,” Jon Holden, president of the International Association of Machinists and Aerospace Workers District 751, told CNBC on Tuesday. Narrowing businessesOrtberg, a longtime aerospace veteran who previously ran Rockwell Collins, took the reins at Boeing in early August. Mending ties with workers, stabilizing supply chainThe results of the union vote will come out hours after the earnings call.

Persons: Kelly Ortberg, “, ” Jon Holden, RTX, Neil Mitchill, Collins, Rockwell Collins, Robert " Kelly, Ortberg, ”, Ken Herbert, Julie Su, Holden, ” Holden, Joe Biden, Biden, —, Phil LeBeau Organizations: Boeing, International Association of Machinists, Aerospace Workers, CNBC, GE Aerospace, AFP, Getty, Air Force One, Workers, Puget, Labor, Spirit, Aerospace Industries Association Locations: underperformance, Seattle, South Carolina

☆ New Boeing CEO to give clues on company's future, while striking workers vote on new contract
▼ + stars: | 2024-10-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

When he takes the mic for his first earnings call as Boeing's CEO on Wednesday, more than 32,000 striking machinists will start voting on a new, sweetened contract proposal. Narrowing businessesOrtberg, a longtime aerospace veteran who previously ran Rockwell Collins, took the reins at Boeing in early August. Boeing's new CEO Kelly Ortberg visits the company's 767 and 777/777X programs' plant in Everett, Washington, U.S. August 16, 2024. watch nowMending ties with workers, stabilizing supply chainThe results of the union vote will come out hours after the earnings call. Meanwhile, the strike is costing Boeing $1 billion a month, according to S&P Global Ratings estimates.

Persons: Ryan Bergh, Jason Redmond, JASON REDMOND, Kelly Ortberg, Rockwell Collins, Ortberg, Marian Lockhart, Ken Herbert, Leslie Josephs Organizations: International Association of Machinists, Aerospace Workers, Seattle Union Hall, Getty, AFP, Boeing, Reuters, Air Force One, Workers, CNBC Locations: Everett , Washington, Seattle , Washington, AFP, underperformance, Everett , Washington , U.S, Seattle, Renton , Washington

☆ How investors should navigate the S&P 500 likely trailing bonds and inflation for the next decade, according to Goldman Sachs
▼ + stars: | 2024-10-22 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Goldman Sachs forecasts muted S&P 500 gains, with a 3% annual return over 10 years. Diversification and equal-weighted S&P 500 exposure may offer better long-term returns. The bank's most bearish scenario would see the S&P 500 decline by an annual 1%, while its more positive calls for a gain of 7%. Goldman SachsAdding an exchange-traded fund that tracks the equal-weighted S&P 500 could be one way to go about it. AdvertisementFurthermore, investors should consider a more mixed asset portfolio of stocks and bonds without tilting toward one more than the other.

Persons: Goldman Sachs, —, David Kostin, Goldman, There's, Christian Mueller Organizations: Service, Nvidia, Treasury

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