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☆ World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
▼ + stars: | 2024-10-22 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Norway's sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion), citing a stock market boost from falling interest rates. The so-called Government Pension Fund Global, one of the world's largest investors, said it had a value of 18.870 trillion kroner at the end of September. Trond Grande, deputy CEO of Norges Bank Investment Management (NBIM), which manages the world's largest sovereign wealth fund, said recent changes in monetary policy had "a pretty significant impact" on the fund's third-quarter results. "What I think you have seen from our numbers is that with a rising tide, all boats rise, right? And so, you saw a very broad increase in the stock market based on lower interest rates, essentially."

Persons: Trond Grande, Grande, CNBC's Silvia Amaro Organizations: Fund, Norway's Finance Ministry, FTSE, Bloomberg Barclays, Norges Bank Investment Management

☆ IMF says global fight against inflation is 'almost won' but warns of rising risks
▼ + stars: | 2024-10-22 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +5 min

"The global battle against inflation is almost won," the IMF report trumpeted, even as it called for "a policy triple pivot" to address interest rates, government spending, and reforms and investment to boost productivity. The fund kept its global growth estimate at 3.2% for 2024 and 2025 — which it called "stable yet underwhelming." Market volatility among key downside risksHeightened financial volatility is another threat to global growth, the IMF report said. Further challenges to global financial markets could come in the final stretch of the fight against inflation. The IMF forecasts global growth will rise 3.1% annually at the end of the 2020s, the lowest level in decades.

Persons: Pierre, Olivier Gourinchas Organizations: International Monetary Fund, Global, Vigilance, IMF Locations: Washington , DC, United States, The Washington, Brazil, Mexico, America, Europe

☆ These tech investors are trawling UC Berkeley to fund the next Perplexity or Databricks
▼ + stars: | 2024-10-21 | by ( Melia Russell | ) www.businessinsider.com time to read: +4 min

The University of California, Berkeley, is the top producer of alumni starting tech companies. Founded by Jeremy Fiance, The House Fund targets Berkeley-affiliated startups like Databricks. Related stories"I was learning more and more about what The House Fund is from the outside in," Hargreaves said. His move from Founders Fund to The House Fund hasn't been previously reported. The House Fund said it can write checks up to $10 million.

Persons: Jeremy Fiance, Zachary Hargreaves, —, Jeremy, Aravind Srinivas, Hargreaves, it's, Fund hasn't Organizations: University of California, Fund, Berkeley, House Fund, Service, College of Computing, Data Science, Society, The, SpaceX, Founders Fund, Investors, Stanford, Massachusetts Institute of Technology, Berkeley Endowment Management Company, UC Investments, Ahoy Locations: Berkeley

☆ I've worked at Google, Amazon, and Uber. These are 3 common mistakes I see when people apply for tech jobs.
▼ + stars: | 2024-10-21 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

Alexandria Sauls worked at Amazon, Uber, and PayPal before landing a job at Google. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Related storiesI learned the "Star" format at Amazon and I've used this same format of responding at every company since. Each bullet should be the "R" of the "Star" format: "result." With résumé format, I don't have a super strong opinion.

Persons: Alexandria Sauls, Sauls, —, I've, Steer, you'll, It's, you've, Gray Organizations: Amazon, PayPal, Google, Service, Uber, LinkedIn, Big Tech Locations: Alexandria, Houston, New York City

☆ The economic 'no landing' could drive the S&P 500 to a 13% gain in 2025, UBS says
▼ + stars: | 2024-10-21 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The bank is adding to the growing numbers of forecasts for a "no landing" of the US economy. Inflation will remain low enough to leave room for the Fed to cut interest rates, boosting stocks. The job market is proving resilient, despite tighter financial conditions and higher interest rates. AdvertisementCooling price growth sets the stage for the Fed to continue cutting interest rates, UBS said, which is bullish for stocks. The strategists added that while investors may see some volatility ahead of the November election, it's unlikely to interrupt more positive market catalysts.

Persons: — Organizations: UBS, Fed, Service, Bureau of Labor Statistics, New

☆ A US F-35 stealth fighter just landed on a destroyer Japan turned into an aircraft carrier for the first time off the California coast
▼ + stars: | 2024-10-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

The US landed an F-35 stealth fighter on Japan's new aircraft carrier for the first time. US and Japanese forces are integrating the short-takeoff/vertical landing F-35B onto the JS Kaga. AdvertisementA US F-35 stealth fighter jet landed aboard Japan's new destroyer-turned-aircraft carrier for the first time off the coast of California, the US military said, sharing photos of the event. Japan's Izumo-class JS Kaga recently converted into a light aircraft carrier. Kaga's successful modification also paves the way for another Japanese helicopter carrier, JS Izumo, to be converted into an aircraft carrier.

Persons: Kaga, —, Cmdr, Darin Russell, Lockheed Martin, Japan's JS Kaga, Shusaku Takeuchi, Darin Russell Japan Organizations: US, Service, US Marine Corps, British Royal Navy, Air, Naval Air Base, Lockheed, ITF, Self, Defense Force, Force, JS Izumo, - Defense Force, US Navy, East China Locations: California, Naval Air Base Patuxent, Maryland, San Diego , California, Japan, San Diego, Bataan, Red, China, South, East, Tokyo, Australia

☆ Try this higher-interest, lower-tax alternative to CDs while rates are still high
▼ + stars: | 2024-10-21 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Investors might consider Treasury bills over CDs for better liquidity and tax benefits: Jason BrowneTreasury bills offer higher yields in some cases and are exempt from state taxes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Another reason is that Treasurys are exempt from state taxes, which vary, while CDs are not. Perhaps a third reason, depending on where you bank, is that in many cases the shortest duration Treasurys are paying better rates than CDs. Yields on 3-month bills are 4.6%, and while some banks are offering similar or slightly higher rates still, many have much less attractive yields.

Persons: Jason Browne, Browne, —, DepositAccounts Organizations: Service, Alexis Investment Partners, LendingTree, Fed

☆ Gun YouTube creators are leaving the platform as the company cracks down on firearm videos
▼ + stars: | 2024-10-20 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +11 min

At least four large YouTube channels devoted to firearms have announced they’re quitting the platform and moving to rival services with looser rules. YouTube, which is owned by Google, has for years imposed rules on gun videos. YouTube says gun videos are only one part of its enormous app. Responsible firearms content is just one part of this vibrant mix of communities,” the company said in a statement. A successful YouTube gun channel can make hundreds of thousands of dollars a year in ad revenue and sponsorships, Bloomberg News reported this year.

Persons: they’re, they’ve, ” Jon Patton, ” Patton, it’s, Attorney Alvin Bragg, Donald Trump, Matt Carriker, Carriker, YouTube’s, ”, “, hasn’t, Alexander Reville, podcasters, “ You’ve, we’re, Guns.com, Joel Persinger, Chris Mijic, Persinger, “ GunTubers, ” Justin Wagner, Nick Fuentes, John Kinman, Greg, Greg Kinman, YouTube ”, we’ve Organizations: YouTube, Google, Bloomberg News, Gun Safety, Attorney, Trump, Firearms, NBC News, Safety Locations: Manhattan, California, Pennsylvania

☆ 3 signs that investors should expect the bull market to continue for a third year in 2025
▼ + stars: | 2024-10-20 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

The S&P 500 has enjoyed a bull market since October 2022, rising nearly 70%. AdvertisementThe stock market has been experiencing a bull market for the last two years. The Magnificent Seven drove much of the returns for the S&P 500 this year, contributing 34% of the index's total return. Analysts expect S&P 500 companies to report 4.2% profit growth for Q3. Ever since World War II, bull markets that have lasted two years continue onwards for a third.

Persons: LPL Financial's Quincy Crosby, —, Quincy Crosby, LPL, Crosby, JPMorgan Chase, Goldman Sachs, Wells, Jack Ablin, Jerome Powell, Buchbinder Organizations: Service, LPL, Federal, Bull, JPMorgan, Wells Fargo, Morningstar, Cresset Capital Management, Federal Reserve Locations: America

☆ Trump cooks fries at McDonald's as he attempts to cast doubt on Harris' earlier employment at the chain
▼ + stars: | 2024-10-20 | by ( John L. Dorman | Lauren Edmonds | ) www.businessinsider.com time to read: +5 min

Donald Trump visited a McDonald's in a key Pennsylvania county on Sunday. Kamala Harris said she once worked at a McDonald's, which is a key part of her biography. For weeks, Trump has attempted to sow doubt — without providing evidence — that Vice President Kamala Harris ever worked at McDonald's, which has become a key part of her biography. Trump senior advisor Jason Miller also cast doubt on Harris' McDonald's employment on Saturday, telling reporters that Trump was going to the restaurant "so that one candidate in this race could have actually worked at McDonald's." Related stories"When Trump feels desperate, all he knows how to do is lie," Harris campaign spokesman Ian Sams told The New York Times.

Persons: Donald Trump, Kamala Harris, Trump, Harris, —, Jason Miller, Trump needled Harris, Kamala, Ian Sams, Joe Biden, Biden, Trump's, Derek Giacomantonio, McDonald's —, Mac Organizations: Service, Philadelphia International Airport, Howard University, San Francisco Bay Area, Trump, New York Times, Democratic, Business, Clemson University, White Locations: Pennsylvania, McDonald's, Feasterville, Trevose , Pennsylvania, Alameda , California, San Francisco Bay, Detroit, Chicago, Burger

☆ Here's the trading playbook as data piles up in support of a 'no landing' for the US economy
▼ + stars: | 2024-10-20 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

Odds of a "no landing" scenario for the economy are rising amid continued strong economic data. The "no landing" scenario entails a continued run of hot economic data and growth that boosts markets but also precludes a steep rate-cutting cycle from the Federal Reserve. According to Cox, that means that short-term interest rates will drop to around 3% in the no landing scenario, even if long-term rates remain elevated. AdvertisementAfter all, a no landing scenario is the best outcome for the economy, Cox said, and given hot growth, the situation effectively tosses recession fears out the window. This would be just the fourth time in US history that the Fed has cut interest rates without a downturn, he added.

Persons: —, BofA, Reacceleration, Jamie Cox, Cox, They're, Morgan Stanley Organizations: Service, Federal Reserve, Bank of America, UBS, Fed, Nvidia, Apple

☆ Juan Soto blasts the Yankees into the World Series with Game 5 win over Guardians: Takeaways
▼ + stars: | 2024-10-20 | by ( Tyler Kepner | Chris Kirschner | ) www.nytimes.com time to read: +8 min

The Yankees acquired Juan Soto last winter to return them to the stage they once owned. Soto’s homer was the second by the Yankees in Game 5, after a two-run shot by series MVP Giancarlo Stanton off Tanner Bibee that tied the score in the sixth inning. pic.twitter.com/6R5fWpEg6I — New York Yankees (@Yankees) October 20, 2024“We had our ups, we had our downs,” general partner Hal Steinbrenner said on the TBS broadcast after holding aloft the AL championship trophy on the field. AdvertisementThe Yankees conquered Clase the previous two nights, but he rebounded in Game 5 against the same foes who humbled him earlier in the series. Stanton ripped a full-count slider — the only pitch Bibee left over the plate the whole at-bat.

Persons: Tyler Kepner, Chris Kirschner, Brendan Kuty, Zack Meisel CLEVELAND, Juan Soto, Soto, joyously, Luke Weaver, Hunter Gaddis, Gaddis, Alex Verdugo, Andres Gimenez, Bryan Rocchio, Soto’s, Giancarlo Stanton, Tanner Bibee, Bibee, Stanton, Carlos Rodon, Cleveland’s Emmanuel Clase, Aaron Judge, Weaver, Weaver —, —, Lane Thomas, pic.twitter.com, Hal Steinbrenner, Emmanuel Clase, Stephen Vogt, Clase, Vogt, Stanton clobbered, jogged, Jazz Chisholm, Oswaldo Cabrera, Torres, Babe Ruth, Bernie Williams, Derek Jeter, Mickey Mantle, Aaron Boone, he’s, ”, Bo Naylor, Luis Rojas hadn’t, Noel, Andrés Giménez, Judge, Chisholm, Anthony Rizzo, Anthony Volpe’s, Austin Wells, Jason Miller Organizations: Yankees, American League, — New York Yankees, TBS, AL, Clase, Cal State Fullerton Locations: Cleveland

☆ Trump aims for the stars as he links his campaign to Elon Musk's success at SpaceX
▼ + stars: | 2024-10-20 | by ( John L. Dorman | Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

At a Pennsylvania campaign rally in early October, Trump said he wanted to see human exploration on Mars by the end of his potential second term. That sort of rhetoric, whether intentional or not, links Musk's significant technological success with Trump's own campaign. It remains to be seen, however, just how influential Musk's success at SpaceX, or his other companies, and his campaigning will be with voters who are still on the fence. SpaceXBut SpaceX's achievement and Musk's ties to Trump could give the former president added support with some undecided voters. "Elon Musk, who's having so much success driving things from the private sector, is a guy that wants success in the federal government."

Persons: Elon Musk, Trump, —, It's, Donald Trump, Elon, Ohio Sen, JD Vance, Trump's, Tesla, X —, he's, Kamala Harris, Harris, Max, Anna Moneymaker, Musk, Peter Loge, Loge, Vance, Walz, Musk's, Elizabeth Chartier —, Harris —, SpaceX's Organizations: SpaceX, Service, GOP, Trump, Trump " America PAC, School of Media, Public Affairs, George Washington University, Republicans, NBC, Independents, Philadelphia Inquirer, Biden Locations: Pennsylvania, Ohio, Philadelphia, Musk's, Folsom , Pennsylvania, America, Butler , Pennsylvania, Folsom

☆ Drone targets Israeli prime minister’s house as strikes in Gaza kill 50
▼ + stars: | 2024-10-19 | by ( ) www.cnbc.com time to read: +5 min

Sirens wailed Saturday morning in Israel, warning of incoming fire from Lebanon, including a drone launched toward Israeli Prime Minister Benjamin Netanyahu's house in Caesarea, the Israeli government said. Meanwhile, in Gaza, more than 50 people, including children, have been killed in several Israeli strikes, in less than 24 hours, according to hospital officials and an Associated Press reporter. Israel's emergency services said a 50-year-old man was killed after being hit by shrapnel while sitting in his car in northern Israel. At Al-Awda hospital in Jabaliya, in northern Gaza, strikes hit the building's top floors, injuring several staff members, the hospital said in a statement. The strikes knocked out internet networks in northern Gaza, said Paltel, the Palestinian communications company, on Facebook Saturday.

Persons: Benjamin Netanyahu, Mike Segar, Benjamin Netanyahu's, Yemen's, Hezbollah —, Iran —, Hassan Nasrallah, Israel, Bint Jbeil, Nasser Rashid, Yahya Sinwar, Iran's, Ayatollah Ali Khamenei, Khamenei, Sinwar's, Netanyahu, Sinwar, Abu Hamza, Paltel Organizations: Israel's, United Nations General Assembly, Reuters, Israel, Israeli, Associated Press, Hezbollah, Hamas, Palestinian Health Ministry, Indonesian, Aqsa Martyrs Hospital, Facebook Locations: U.N, New York, U.S, Israel, Lebanon, Caesarea, Gaza, Ben Gurion, Iran, Bint, Beirut, rearming, Beit Lahiya, Al, Jabaliya, Zawayda, Aqsa, Deir al, Palestinian

☆ Airport introduces time limit on hugs
▼ + stars: | 2024-10-19 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week: the Chinese pets earning “snack money” in cafés, a European capital that’s had enough of “drunk” tourists, and the New Zealand airport that’s curtailing caresses. Dunedin Airport CEO Daniel De Bono weighed in on the topic in an interview with New Zealand’s RNZ radio. Tradition is also important in this century-old “masterpiece café” cafe in Tokyo which discourages socializing and forbids mobile phones. In case you missed itThis airport landing is so difficult only 50 pilots can do it.

Persons: that’s, fonder, Daniel De Bono, De Bono, “, ”, Mario, Donkey Kong, Lindz, she’d, Scot, they’ll, it’s Organizations: CNN, New, Dunedin Airport, Nintendo Museum, Egyptian, Universal Orlando, New Yorker Locations: cafés, New Zealand, Dunedin, Tokyo, China, Hell, Pamukkale, Turkey, Darvaza, Turkmenistan, Uji, Kyoto, Japan, New, Spain

☆ Here's where investors worried about a stock market bubble should put their money, according to a top economist
▼ + stars: | 2024-10-19 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Investors worried about a market correction should adjust their portfolios, David Rosenberg says. The top economist has warned stocks are in a bubble and at risk of a major decline. Investors need to exercise caution and avoid following the "herd mentality," Rosenberg said, pointing to the fervor for mega-cap tech stocks. Instead, he said, investors should focus on stocks with strong business models, strong growth, and good prices, and add some "insurance" to their portfolios. Most forecasters on Wall Street still expect a strong performance from equities into year-end and 2025.

Persons: David Rosenberg, —, who's, he's, Chuck Prince, Rosenberg, REITs, Goldman Sachs Organizations: Service, Rosenberg Research, Utilities, Aerospace, UBS, BMO, Deutsche Bank Locations: —

Matthew is serving a 7-year prison sentence in Singapore's Changi Prison for trafficking meth. Officials from the Singapore Prison Service say they encourage guards to think of themselves as “Captains of Life,” helping rehabilitate the prison population. Officials did not allow CNN to visit Institution A1, where more than 40 death row inmates await the same fate. Before each execution, authorities organize a professional photo shoot in which inmates trade their prison uniforms for civilian clothes. Hong Kong’s population is around 25% larger than Singapore’s, and it does not impose the death penalty for drug offenses.

Persons: Matthew, “, ”, Tom Booth, ” Shanmugam, Shanmugam, Rebecca Wright, ” Matthew, Steve Jobs, Nelson Mandela, Reuben Leong, –, Halinda binte Ismail, Halinda, Muhammed Izwan bin, ” Halinda, ’, Kirsten Han, Nazira, you’ve Organizations: Singapore CNN —, CNN, Changi, Singapore, Singapore’s, Home Affairs and Law, Visitors, Action Party, Home Affairs Ministry, Home Affairs, CNN Singapore, United Nations Office, Drugs, CNN Authorities, Singapore Prison Service Locations: Singapore, Canada, Portugal, Iran, North Korea, Saudi Arabia, Asia, Thailand, Laos, Myanmar, Scandinavian, mealtimes, United States, Australia, European, Hong Kong, British, –

☆ Sinwar’s killing looks set to boost Netanyahu, the Houdini of Israeli politics
▼ + stars: | 2024-10-18 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +2 min

If Netanyahu is feeling that pressure, that wasn't evident from his comments on Friday. International insistence that the Israeli government ease the suffering in Gaza had already intensified in the weeks before Sinwar was killed. Domestically, that may be more of a complex dance for Netanyahu, who heads a still-fragile coalition comprised of many of Israel’s most hawkish lawmakers. Until then, we will intensify military pressure,” Finance Minister Bezalel Smotrich — whom both major U.K. political parties have considered sanctioning this year — said in a post on X. Before Hamas' attack, Netanyahu was scrambling to keep onside the disparate right-wing and religious parties in his fractious ruling coalition while facing huge protests against him.

Persons: Netanyahu, “, ”, Sinwar, Joe Biden, ” Biden, Bezalel Smotrich —, — Organizations: U.S, ” Locations: Iran, Gaza, Lebanon, Syria, Iraq, Yemen, Berlin

☆ Stocks are nearing a major peak and a more 'disturbed' period of weak returns is ahead for investors, CIO says
▼ + stars: | 2024-10-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Grant said stocks could soon enter a period of weak returns, possibly for "many years." AdvertisementThe bull market in stocks looks like it's close to the top, according to an investment chief. AdvertisementSentiment and position indicators are also flashing signs investors are overexcited about the stock market, Grant said. The 3-month moving average of year-ahead stock market expectations has climbed to its highest on record, according to Conference Board data. That suggests there's little "cushion" in the event the stock market declines or experiences a shock, Grant said.

Persons: Michael Grant, Grant, —, subpar, Morgan Organizations: Calamos Investments, Service, Conference, Board, Federal, Federal Reserve, Governors, Morgan Research, Bloomberg, Investors

☆ It’s tough for young Americans to find a job right now. Blame ‘the Great Stay’
▼ + stars: | 2024-10-18 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Staple’s plight highlights the unusually difficult situation of young Americans trying to kick-start their careers, even as the broader US economy remains in good shape. Indeed, the job market overall remains in decent shape. A ‘victim of circumstance’Everyday Americans are always at the mercy of the economy — whether it’s navigating difficulties such as high inflation and a recession, or a red-hot job market that benefits workers. Having a tough time landing that first job, in part because of broader economic forces, can have lasting consequences. “For young workers, their first few years out of school are very formative for their careers.

Persons: Kirsten Staple, ” Staple, That’s, ‘, ”, Julia Pollak, ZipRecruiter’s, “, they’re, Daniel Zhao, Zhao, Millennials, Jonathon Courtney, hasn’t, Courtney, I’ve, ” Courtney, who’ve, there’s, Catherine Dugoni Camille Larsen Catherine Dugoni, “ It’s, ” Dugoni, isn’t Organizations: Washington CNN, University of Texas, Labor Department, CNN, Federal Reserve, Employers, Glassdoor, University of Houston Locations: San Antonio, El Paso , Texas, ‘, Houston, Sacramento , California, San Francisco

☆ Watchdog finds significant issues with US Army’s boat fleet
▼ + stars: | 2024-10-18 | by ( Haley Britzky | ) edition.cnn.com time to read: +7 min

“Army officials stated that these low mission capable rates, along with the smaller size of the watercraft fleet after divestment, hinder operational readiness and the ability to meet mission requirement,” the report said. After the temporary pier mission ended — the pier was only operational for roughly 20 days in total with a cost of $230 million — the military requested civilian contractor support in bringing the Army’s vessels back to the US. The US military said four of its vessels, supporting a temporary pier built to deliver aid to Gaza by sea, had run aground in heavy seas. The GAO report also said the Army is considering leasing civilian watercraft to bolster its existing fleet and moving all of its watercraft to the Pacific. Ultimately, the Army watercraft is “how the ground force, the Army, gets to war,” Butler said.

Persons: “, ”, Cynthia Smith, Smith, ” Col, Dave Butler, Randy George, ” Butler, Oren Ziv, Army “, Christine Wormuth, Wormuth, Butler Organizations: CNN, US Army, “ Army, Army, Getty, GAO, Army Futures Command, US Army Pacific, Pacific Command Locations: Gaza, Pacific, Ashdod, Japan, Hawaii

☆ Taylor Swift is flexing her economic muscles again with the return of her tour and a new book
▼ + stars: | 2024-10-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, Taylor Swift has a new book coming out, but how she's doing it might create some bad blood with publishers . On Tuesday, Swift announced plans to self-publish "The Eras Tour Book," a behind-the-scenes look at her record-breaking tour that'll be released exclusively at Target on Black Friday. News of a Taylor Swift book should have sent a publisher jumping for joy at the potential revenue. AdvertisementBig stars like Swift are exactly who book publishers are banking on these days. But even so, Miami, New Orleans, and Indianapolis — her remaining US tour dates — won't mind Swift coming to town.

Persons: —, Meta, Taylor Swift, Chelsea Jia Feng, Taylor, Swift, Samantha Grindell, Madeline Berg, George Walker IV, we're, Natalie Ammari, it's, Goldman Sachs, Kalshi, Donald Trump, Trump, Blackstone, Jon Gray, Walid Berrazeg, It's, Lebaredian, Uber, Dara Khosrowshahi's, Tyler Le, Matt Garman, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Target, AP, Indianapolis, Super Bowl, UBS, Getty, Financial, Wall, Blackstone, Trump, Investors, Taiwan Semiconductor Manufacturing, TSMC, Optimus, Financial Times, Netflix, American Express Locations: Miami, Miami , New Orleans, Glendale , Arizona, Hsinchu, ASML, Texas, California, New York, London

☆ The soft landing backdrop will be good for continued broadening, says Rockland's David Smith
▼ + stars: | 2024-10-18 | 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 EmailThe soft landing backdrop will be good for continued broadening, says Rockland's David SmithDavid Smith, Rockland Trust CIO, joins 'Power Lunch' to discuss the election uncertainty impact on the market.

Persons: Rockland's David Smith David Smith Organizations: Rockland Trust

☆ Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
▼ + stars: | 2024-10-18 | by ( Hayley Cuccinello | Emmalyse Brownstein | ) www.businessinsider.com time to read: +7 min

Major banks like Goldman Sachs walloped Wall Street expectations thanks to dealmaking fees. Investment banking has made a comeback, and bigger bonuses are in the cards, too. The biggest banks on Wall Street reported a huge boost in dealmaking fees this quarter after a two-year slump. Investment bank revenue surged 30% on average at Goldman Sachs, JPMorgan, Bank of America, Citigroup, and Morgan Stanley, according to Wells Fargo analyst Mike Mayo. Morgan Stanley's investment bank revenue surged 56% year over year to $1.46 billion, beating Wall Street expectations.

Persons: Goldman Sachs, —, Morgan Stanley, Wells, Mike Mayo, Sharon Yeshaya, Morgan, Global's Nathan Stovall, corporates, Stovall, David Ellison's Skydance, JPMorgan's Jamie Dimon, David Solomon, Mayo, Cole Smead, There's, Jon Gray, anecdotally, Gray, David Stowell, Stowell, I'm, it's, Alan Johnson Organizations: Investment, Service, Wall, JPMorgan, Bank of America, Citigroup, Citi, Mars, Paramount, David Ellison's Skydance Media, Wall Street, Smead Capital Management, Blackstone, Kellogg School of Management, Northwestern University, underwriters, Johnson Associates Locations: Wells Fargo, Mayo

☆ Anna Kendrick on Her Movie Roles: 'Twilight,' 'Pitch Perfect,' 'a Simple Favor'
▼ + stars: | 2024-10-18 | by ( Olivia Singh | ) www.businessinsider.com time to read: +13 min

It's the exact kind of self-deprecating candor Kendrick is known for, with her scene-stealing turns in movies like the "Twilight" series and the "Pitch Perfect" films. On being a 'bystander' to the 'Twilight' pop culture phenomenonAnna Kendrick as Jessica Stanley in "The Twilight Saga: Breaking Dawn — Part 1." Summit EntertainmentIt's been 16 years since the first "Twilight" movie came out. On the 'Simple Favor' sequel having even more plot twists than the first filmAnna Kendrick as Stephanie Smothers in "A Simple Favor." AdvertisementBut yeah, that Shondaland, they're really excellent at keeping you absolutely hooked in because even if something terrible happens, it's like, I can't look away.

Persons: Anna Kendrick, Kendrick, candor Kendrick, Paul, Alice, Darling, Sheryl, they're, Rodney Alcala, Alcala, Cheryl Bradshaw, she's, Jessica Stanley, —, It's, George Clooney's, Rebel Wilson, Amy, Universal Pictures George Clooney, George, Anna Camp, Elizabeth Banks, They're, that's, Meryl Streep, Chris Pine, Meryl, Clooney, Stephanie Smothers, I'd, John Schwartzman, I'm, Claudia Jessie, Eloise Bridgerton, Liam Daniel, John Krasinski, John, Goddammit Krasinski Organizations: Air, Universal Pictures, Lionsgate, Netflix Locations: Hollywood, I'm

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