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☆ As S&P approaches 5,000, this one trend has been unwavering
▼ + stars: | 2024-02-08 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

It's been a bumpy road from 4,000 to 5,000, but the overall trend stays with big cap tech. Talk about timing: It launched just as the S & P 500 was recovering from the banking crisis, and MAGS has been one of the star ETF performers of the last year. A bumpy road from 4,000 to 5,000 The S & P 500 had been comfortably over 4,000 from mid-2021 into mid-2022, when rising rates pushed the broad index below 4,000. This is true not just this year, but since the S & P went over 4,000 at the end of March, as has international investing. If you own the S & P 500, which has become tech-dominant, you are happy.

Persons: It's, Dave Mazza, MAGS, Mazza, ETFEdge.cnbc.com Organizations: Exchange ETF, Technology, Microsoft, Nvidia, Apple, AMD, Communication Services, Banks, Care, Staples, Energy, Edge, Miami Beach Locations: Miami Beach, Roundhill

(AP) — Conservative lawmakers who want to intertwine religion with school curriculum in Republican-dominated Nebraska presented a slew of bills Monday to the state Legislature’s education committee. Another measure would change school funding to loop in private school tuition while forbidding the state from interfering in private schools’ curriculum or beliefs. The bill introduced last year was among those that stalled as conservatives focused on passing a bill to allow taxpayer money to be used to fund private school scholarships. Others argued Erdman’s bill would hurt funding for rural school districts like his own, which has fewer than 350 students. Under the bill, out-of-state teachers could gain Nebraska certification by taking a knowledge-testing exam they must pass.

Persons: LINCOLN, Sen, Dave Murman, Steve Erdman’s, Erdman, ” Ron Cunningham, Lincoln, Loren Lippincott’s, “, Omaha Sen, Kathleen Kauth —, Jim Pillen Organizations: — Conservative, Republican, Nebraska Legislature’s, Democratic, Omaha, Gov Locations: Neb, Nebraska, Glenvil, Arizona

☆ GOP Senate candidate David McCormick has up to $2.2 million in a 'dynasty trust' that allows him to evade wealth taxes — potentially forever
▼ + stars: | 2024-02-05 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

He also holds up to $2.2 million in something called a "dynasty trust." Somewhere between $1.1 million and $2.25 million are held in an account called "David H McCormick 2020 Dynasty Trust." A dynasty trust is essentially a pot of money often used by the ultra-rich to pass wealth down to future generations without incurring certain wealth taxes. In Pennsylvania — where McCormick owns a home and is running for Senate — dynasty trusts can last forever. $37,000 on private jet flights in recent monthsBeyond the dynasty trust, there are other aspects of McCormick's wealth that raise eyebrows.

Persons: Dave McCormick, —, who's, It's, McCormick, Democratic Sen, Bob Casey, David H McCormick, whittle, Pennsylvania — Organizations: Service, Bridgewater, GOP, Republicans, Democratic, US, Business, Credit Suisse, Senate Locations: Pennsylvania, In Connecticut, South Dakota, Swiss, Connecticut

NEW YORK (AP) — Daisy Ridley doesn’t want audiences to be misled by the title of her new film, “Sometimes I Think About Dying.”Her character, Fran, is, actually, quite funny. The Associated Press recently spoke to Ridley about finding Fran, reprising her role as Rey in a new “Star Wars” film, and perfecting her death stare. RIDLEY: I loved the world and I loved the office but, actually, a lot of that was improvised. It’s going to be so strange because I’m not going to be the baby anymore. So I pretend I’m not fussed at all that I’m, like, next to Harrison Ford (laughs)!

Persons: Daisy Ridley doesn’t, ”, Fran, Rachel Lambert, Dave Merheje, Ridley, Rey, it’s, RIDLEY, Rachel, I’m, Harrison Ford, Abrams, Colin, there’s Organizations: Associated Press Locations: Portland, Oregon

☆ 3 ways real-estate investors can sidestep high mortgage rates when buying a new rental property, according to BiggerPockets' housing market expert
▼ + stars: | 2024-02-02 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

While 30-year mortgage rates have come down by more than a full percent to around 6.6%, they're still significantly more elevated than their 2021 low of less than 3%. Lower mortgage rates mean higher cash flows and a higher likelihood for appreciation, which is good for strategies like flipping. But there are ways for real-estate investors to get around higher rates, Meyer says. This means asking the seller if they can provide a cash payment that effectively lowers mortgage rates for the first few years of ownership. Given that rising mortgage rates have largely killed demand in the housing market, buyers have had more success recently getting deal-sweeteners like rate-buydowns, according to research from Redfin.

Persons: they're, Dave Meyer —, —, Molly Grace, Meyer, Welborn Organizations: Business

NEW YORK (AP) — Adele Zerilli Springsteen, the longtime legal secretary, musical muse and concert dance partner who captured countless hearts in her son Bruce Springsteen 's E Street Nation and beyond, has died at 98. Bruce Springsteen announced in an Instagram post that his mother died Wednesday. She was “real smart, real strong, real creative,” with a “refusal to be disheartened,” Bruce told biographer Dave Marsh. Her life had an incredible consistency, work, work, work every day, and I admired that greatly," he told "Uncut" magazine in 2002, praising her “noble” juggling of work and home. E Street Band member Steven Van Zandt tweeted Thursday that Adele Springsteen was the “Matriarch of our family and an unrelenting source of inspiring positive energy.

Persons: — Adele Zerilli Springsteen, Bruce Springsteen, Glenn Miller, Adele Springsteen —, ”, “, Springsteen, —, Bruce Springsteen’s, Zerillis, fathoming, Adele Springsteen's, Adele, Bruce, ” Bruce, Dave Marsh, Ellis, Steven Van Zandt, Adele Springsteen, Bruce's, Douglas, Pamela Springsteen, Virginia, Rhonda Shafner, Dalton Organizations: Smiths, New, Stone, MetLife Locations: American, New York City, Freehold, New Jersey, America, Europe, New, Ellis, Los Angeles

LOS ANGELES (AP) — The 66th annual Grammy Awards are on Sunday, airing live from Los Angeles' Crypto.com Arena on CBS and Paramount+. In 2021, they had the idea to turn musicians into each other’s audiences when there couldn’t be one, a concept that has informed every Grammys since. We’ve really just tried to make it a loving room for the music community.”Some elements of the stage – like the gramophone in the middle – will remain the same. There are three new categories at the 2024 Grammy Awards as well, including the first-ever best African music performance award. If Victoria Monét ’s “Hollywood” wins best traditional R&B performance, her daughter Hazel Monét will become the youngest Grammy winner in history at 2 years old.

Persons: Raj Kapoor, Ben Winston, Jesse Collins, “, ” Winston, “ We’ve, ”, — “, Trevor Noah, “ There’s, There’s, Harvey Mason jr, Winston, “ I’m, Kapoor, we’re, It’s, ” Mason, we’ve, ” “, Burna, Dave McLeod, Mason, Taylor Swift, she’d, Victoria Monét, Hollywood ”, Hazel Monét, Karol G, Jack Antonoff, Babyface, Kelly Clarkson, Kendrick Lamar, Baby Keem Organizations: ANGELES, CBS, Paramount, COVID, Associated Press, Recording Academy, —, WHO, Hollywood, “ Locations: Los Angeles, people’s, urbana, Será

☆ A real-estate investing expert shares 5 affordable cities where rental properties deliver excellent cash flow — including 3 with median prices under $180,000
▼ + stars: | 2024-01-31 | by ( William Edwards | ) www.businessinsider.com time to read: +1 min

BiggerPockets' Dave Meyer recently shared 5 cities great for generating cash flow through real-estate investing. Meyer said their affordable home prices and low price-to-rent ratios make them attractive. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Amid one of the least affordable environments in decades — thanks to eye-popping home price appreciation over the last few years and surging mortgage rates — buyers are increasingly looking for more affordable markets, Meyer said.

Persons: BiggerPockets, Dave Meyer, Meyer, — Organizations: Service, Midwest, Business Locations: Toledo , Milwaukee, Cleveland, Cincinnati, Indianapolis, New York, Miami, Los Angeles, San Francisco, Seattle

Casino magnate Steve Wynn spent the night of the New Hampshire primary alongside Trump. Ron DeSantis’ biggest financial backers and donated $20 million to the super PAC backing DeSantis’ presidential bid. While some of these high-dollar financiers are coming around to Trump, others have shifted to former South Carolina Gov. Her fundraising swing through New York City is expected to bring in $1.5 million in new donations, according to a Haley campaign official. We are anywhere and everywhere in South Carolina.

Persons: Donald Trump, Steve Wynn, Robert Bigelow, Las Vegas businessman Don Ahern, Trump, Ahern, Bigelow, Ron DeSantis, DeSantis, Rebekah Mercer, Nikki Haley, MAGA, Haley – Trump’s, –, Haley, Charles Koch, Susie Wiles, Ken Griffin, Paul Singer, Ricketts, Griffin, Haley’s, ”, “, ” Griffin, Zia Ahmed, Ahmed, Dave McCormick’s, Tim Sheehy’s, Ken Langone, Cliff Asness, Stanley Druckenmiller, Nikki, ” Asness, “ We’ve, CNN’s Ebony Davis Organizations: CNN, Casino, New, Trump . Aerospace, Las Vegas businessman, Trump, Florida Gov, GOP, Mercer, Politico, South Carolina Gov, Inc, South Carolina, Republican, Prosperity, American Opportunity Alliance, Chicago Cubs, Citadel, U.S . House, ”, Republicans, Wall, AQR Capital Management, South, CBS News Locations: Lago, New Hampshire, Las, Trump’s, Nevada, Palm Beach , Florida, Florida, Trump, Kansas, Palm Beach, Pennsylvania, Montana, New York, New York City, ”, South Carolina

☆ Citadel CEO and billionaire Ken Griffin donated $5 million to Nikki Haley super PAC
▼ + stars: | 2024-01-30 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Citadel CEO Ken Griffin, a billionaire and major Republican campaign donor, gave $5 million to a political action committee backing former South Carolina Gov. Nikki Haley over Donald Trump in the GOP primary for president, according to his company spokesman. Despite the Haley donation, Griffin also praised Trump on Tuesday during his conversation with CNBC. He has also donated $10 million to a super PAC supporting Pennsylvania Senate candidate Dave McCormick, the former CEO of hedge fund Bridgewater Associates. A super PAC that is backing Montana Senate hopeful Tim Sheehy received $5 million from Griffin, according to a Citadel spokesman.

Persons: Ken Griffin, Nikki Haley, Donald Trump, Griffin, Haley, Trump, Ron DeSantis, DeSantis, Dave McCormick, Tim Sheehy, Sheehy, Democratic Sen, Jon Tester, Matt Rosendale Organizations: Citadel, Republican, South Carolina Gov, GOP, SFA Fund, CNBC, U.S . House, Funds Association, Forbes, United Nations, Florida Gov, Trump, Pennsylvania, Bridgewater Associates, Democratic, GOP Rep, CNBC PRO Locations: Miami, U.S, Iowa, Trump, New Hampshire, South Carolina, Griffin

☆ BiggerPockets' housing guru shares his top 4 real-estate investing strategies for today's market — including why investors should seriously consider building a new property
▼ + stars: | 2024-01-25 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Home-price appreciation has also slowed — and in many cities turned negative — making strategies like flipping much less viable. 4 ways to build wealth in today's marketIn an interview with Business Insider on Wednesday, Meyer listed four strategies real-estate investors should consider at the moment. With rates high and deals harder to find in the market, investors could find returns by lending out their own money to other investors. "There's very little supply on the market right for existing homes. Rates on 30-year fixed-rate mortgages are around 7% right now, and Meyer expects rates to stay between 6-7% in the near-future.

Persons: Dave Meyer, Meyer, Redfin Organizations: Business, Rocket Mortgage, Builders, Federal Locations: BiggerPockets

The hyper-competitive original song and original score categories include nominees from the films “Barbie'' to ”Oppenheimer'' and beyond. Diane Warren, original song nomination for “The Fire Inside” from “Flamin’ Hot.”Warren describes the song as bringing “a little reggaeton to the Oscars.”"I’m thrilled. Mark Ronson, original song nomination for “I'm Just Ken” from “Barbie”Ronson wrote “I'm Just Ken” with Andrew Wyatt. Thank you.”Academy-award winner Ludwig Göransson, original score nomination for “Oppenheimer”This is Göransson's third nomination. And everyone’s really proud of one another.”Laura Karpman, original score nomination for “American Fiction”This is Karpman's first Oscar nomination.

Persons: Diane Warren, Mark Ronson, Andrew Wyatt, Billie Eilish, Barbie, ” Oppenheimer, Warren, Ronson, Wyatt, “ I’m, Ken ”, “ Barbie, ” Jon Batiste, Dan Wilson, Scott George, “ Wahzhazhe, Eilish, O’Connell, James Bond, ” Mark Ronson, Lady Gaga, Anthony Rossomando, ” Laura Karpman, Indiana Jones, ” John Williams, ” Robbie Robertson, “ Oppenheimer, ” Ludwig Göransson, Jerskin Fendrix, Karpman, It's, Fendrix —, he's, ”, Dave Mullins, Brad Booker, John, Yoko, ” Warren, I’m, I’ve, It’s, There’s, “ I'm, “ Barbie ” Ronson, “, Ken ’, Greta, Ryan, Gosling, Ken, —, Batiste, Suleika, Finneas O'Connell, Finneas, Ludwig Göransson, Oscar, Chris Nolan, Nolan, Laura Karpman, Martin Scorsese, Robbie Robertson, Mullins, Booker's, MULLINS, BOOKER, Sean, Lennon Organizations: ANGELES, ”, Music, Academy, ” Academy Locations: “

☆ ETF Edge: India and Japan see big international investing inflows while investors flee China
▼ + stars: | 2024-01-22 | 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 EmailETF Edge: India and Japan see big international investing inflows while investors flee ChinaDave Mann, global head of product and capital markets at Franklin Templeton, joins CNBC's Bob Pisani on 'Halftime Report' to discuss the opportunity investors should keep an eye on overseas.

Persons: China Dave Mann, Franklin Templeton, Bob Pisani Organizations: Franklin Locations: India, Japan, China

☆ Step inside Emma Stone’s century-old, sunlit LA home, just listed for $4 million
▼ + stars: | 2024-01-19 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +2 min

CNN —Emma Stone has just finished playing a morally complicated home-flipper in the first season of “The Curse,” and now the actor is selling her own newly-renovated Los Angeles abode. Ryan Lahiff/Sotheby’s International RealtyStone expanded the vaulted kitchen with eat-in dining. Ryan Lahiff/Sotheby’s International RealtyPops of color and maximalist touches give the home a cheery feeling. Ryan Lahiff/Sotheby’s International RealtyThe bathroom, with a claw foot tub, is full of charm and sunlight. Ryan Lahiff/Sotheby’s International Realty

Persons: Emma Stone, Stone, ”, Eric Lavey, Xavier Collin, Lavey, “ It’s, “, ” Stone, Dave McCary, Ryan Lahiff Organizations: CNN, Image Press Agency, Stone Locations: Los Angeles, Los Angeles , New York, Austin , Texas, —, Arizona, New York, Texas

☆ No one can figure out what is going on in the trailer for Jennifer Lopez's new Amazon movie
▼ + stars: | 2024-01-18 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Jennifer Lopez dropped the trailer for her new movie "This Is Me...Now: A Love Story" on Wednesday. Here's what we know about Lopez's "musical, cinematic experience." AdvertisementThe trailer for Jennifer Lopez's upcoming Amazon Prime Video movie — or at least, we think it's a movie — has baffled the internet. — Pearl Boshomane (@Pearloysias) January 18, 2024Me after watching Jennifer Lopez’s new movie trailer pic.twitter.com/Xe1RUoINWy — Cote (@notcodyitscote) January 17, 2024The main source of the confusion is that the film appears to span multiple genres. This doesn’t just look like a visual album it looks like a fully fledged movie musical?!

Persons: Jennifer Lopez, —, Jennifer Lopez's, Lopez, Ben Affleck, I'm, I’m, 6qUxFe4Aex —, Pearl, Jennifer Lopez’s, — Cote, Marc Anthony, Cris Judd, Ojani Noa, Lope, Lope z, Lope z 's "hea Organizations: Service, Prime, Twitter, isu Locations: PAU

“Extreme conditions like those are bound to test the limits of even the highest-performing products," Certor Sports, which makes the VICIS ZERO2 helmet that Mahomes was wearing, said in a statement Wednesday. “I’m sure it had to do with it being really cold,” Mahomes said afterward, “but yeah, I didn’t know that happened in the moment. “VICIS helmets are extensively tested in high-impact conditions across a range of temperatures,” the company said. Mahomes said he'd never had a helmet shatter on him — “It was a first for me,” he said. Mahomes initially played on with the broken helmet before officials intervened and made him get a backup from the sideline.

Persons: Patrick Mahomes, “, Mahomes, DeShon Elliott, ‘, I’m, ’, ” VICIS, Aaron Rodgers, Russell Wilson, Jerry Rice, Schutt, Dave Marver, TUCCI, VICIS, Smart, he'd, ”, didn't Organizations: KANSAS CITY, Chiefs, AFC, Miami, “, Dolphins, NFL, Riddell, Innovatus Capital Partners, Certor Sports Locations: KANSAS, Mo

☆ Federal Judge Blocks JetBlue’s $3.8 Billion Acquisition of Spirit Airlines
▼ + stars: | 2024-01-16 | by ( Dave Michaels | Alison Sider | ) www.wsj.com time to read: 1 min

JetBlue is the country’s sixth-largest carrier, and Spirit ranks seventh. Photo: Wilfredo Lee/Associated PressA federal judge on Tuesday blocked JetBlue Airways from acquiring Spirit Airlines , agreeing with the Justice Department that the $3.8 billion deal would eliminate a competitor important to price-conscious travelers. The Justice Department said JetBlue’s purchase of Spirit would remove an ultra-low-cost carrier that benefits travelers and puts pressure on other airlines to keep down fares. Removing Spirit as a rival would free JetBlue to raise prices by as much as 30%, the government said. JetBlue is the country’s sixth-largest carrier, and Spirit ranks seventh.

Persons: Wilfredo Lee Organizations: JetBlue, Associated Press, JetBlue Airways, Spirit Airlines, Justice Department

☆ Kate Moss at 50: A supermodel through the decades
▼ + stars: | 2024-01-16 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +7 min

CNN —British supermodel Kate Moss turns 50 today — and she remains as much a cultural icon as when she emerged as a breakout star more than three decades ago. Johnny Green/PA/Getty Images Kate Moss and her then-boyfriend, the actor Johnny Depp, attend the Golden Globe Awards in 1995. Dave M. Benett/Getty Images Kate Moss and Jamie Hince pose with bridesmaids after getting married on July 1, 2011 in Southrop, England. Jewel Samad/AFP/Getty Images Moss arrives for a screening of the movie "Loving" at the 2016 Cannes Film Festival. Scroll through the gallery above to see some of the most memorable moment’s from Kate Moss’ life and career.

Persons: Kate Moss, Moss, it’s, ”, Corinne Day, Cindy Crawford, Naomi Campbell, Claudia Schiffer, Chanel, Calvin Klein, Johnny Green, Johnny Depp, Ron Davis, Pierre Verdy, Donatella Versace, De, UPPA, Zuma Moss, Pete Doherty, MJ Kim, Alexander McQueen's, Andy Paradise, Banksy, Andy Warhol's, Marilyn Monroe, Carl De Souza, Marc Jacobs, Patrick McMullan, Mario Testino, Kate Who, Dave M, Jamie Hince, bridesmaids, Neil Mockford, Stella Tennant, Lily Cole, Karen Elson, Jourdan Dunn, David Gandy, Jewel Samad, Antonin Thuillier, Stella McCartney, Chris Joseph, Louis Vuitton's, Peter White, Lila, Princess Eugenie of York, Jack Brooksbank, George's, Alastair Grant, Stephane De Sakutin, Amber Valletta, Daniele Venturelli, Amber Heard, Evelyn Hockstein, Jamie McCarthy, David Bailey, Kate, ” Moss, Jefferson Hack, Marc Quinn, Lucian Freud, Johnny Cash, Paul McCartney, Elton John Organizations: CNN, Vogue, Burberry, British Vogue, Getty, Globe, Glastonbury Music, Olympic, London, Louis, Milan, BBC, Forbes, Stripes Locations: British, South London, Croydon, London, Couture, Paris, AFP, Glastonbury, New York City, Southrop, England, St, Windsor , England, Fairfax, Fairfax , Virginia, Arizona, Egypt

☆ Activision Blizzard CEO Bobby Kotick to step down at the end of the year
▼ + stars: | 2023-12-20 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Activision Blizzard CEO Bobby Kotick will step down from his role as head of the video game company on Dec. 29, according to an internal memo from Microsoft Gaming CEO Phil Spencer on Wednesday. The leadership change was expected after Microsoft closed its $69 billion acquisition of Activision Blizzard in October. He first joined the company as Director and CEO of Activision Inc., in February 1991 before serving as CEO of Activision Blizzard beginning in July 2008. In a memo to employees Wednesday, Kotick expressed "gratitude and appreciation" for his time at Activision Blizzard. Thomas Tippl, the vice chairman of Activision Blizzard; Rob Kostich, president of Activision Publishing; Mike Ybarra, president of Blizzard Entertainment; and others will report to Matt Booty, the president of Microsoft's Game Content and Studios.

Persons: Bobby Kotick, Phil Spencer, Kotick, Bobby —, Spencer, Tony Hawk, Thomas Tippl, Rob Kostich, Mike Ybarra, Matt Booty, Brian Bulatao, Dave McCarthy, — CNBC's Jordan Novet Organizations: Activision, Microsoft Gaming, Microsoft, Activision Blizzard, Activision Inc, CNBC, Activision Blizzard's, Activision Publishing, Blizzard Entertainment, Blizzard, Gaming, CNBC PRO Locations: U.S, Europe

☆ FTC Investigates Exxon’s $60 Billion Deal for Pioneer
▼ + stars: | 2023-12-05 | by ( Dave Michaels | Collin Eaton | ) www.wsj.com time to read: 1 min

Exxon’s proposed takeover of Pioneer Natural Resources would make Exxon the largest oil producer in the Permian Basin of West Texas and New Mexico. Photo: Bloomberg NewsU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources , which would be the largest oil-and-gas deal in two decades, according to securities filings. The Federal Trade Commission has sought additional information from the companies about the deal, a step it takes when reviewing whether a merger could be anticompetitive under U.S. law, Pioneer disclosed in a filing Tuesday. Merger investigations on average take about 10 months to complete, according to data compiled by law firm Dechert.

Persons: Exxon’s Organizations: Pioneer Natural Resources, Exxon, Bloomberg News, Natural Resources, Federal Trade Commission Locations: West Texas, New Mexico

☆ Binance Copped a $4 Billion Plea but Is Still Fighting the SEC
▼ + stars: | 2023-12-04 | by ( Dave Michaels | ) www.wsj.com time to read: 1 min

WASHINGTON—When top Biden administration officials gathered last month at the Justice Department to announce a $4.3 billion legal resolution with Binance , one powerful regulator was absent. Attorney General Merrick Garland was there. So was Treasury Secretary Janet Yellen . But Securities and Exchange Commission Chair Gary Gensler wasn’t, even though he has his own legal beef with Binance. The SEC sued the world’s largest cryptocurrency exchange in June and has been the regulatory scourge of the crypto world.

Persons: WASHINGTON, General Merrick Garland, Janet Yellen, Gary Gensler wasn’t Organizations: Biden, Justice Department, Securities, Exchange, SEC

The moon rises over the Toronto city skyline as seen from Milton, Ontario, Canada, January 23, 2016. REUTERS/Mark Blinch/File Photo Acquire Licensing RightsTORONTO, Dec 4 (Reuters) - Canadian banks had a mixed fourth quarter but a common theme underlining all the reports was the rise in bad loan provisions, signalling that lenders were strapping in for a shaky economy. Impaired loans related to residential mortgages, real estate and construction were also higher from the prior quarter, indicating that the banks were also being cautious when considering underwriting new loans. He noted that despite the mixed results, the banks reported healthy capital levels, giving investors assurance that the banks remain resilient. Reuters Graphics($1 = 1.3559 Canadian dollars)Reporting by Nivedita Balu in Toronto; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

Persons: Mark Blinch, Verecan, Colin White, Dave McKay, Mike Archibald, Nivedita Balu, Mark Porter Organizations: REUTERS, Rights, Reuters, Bank of Canada, BOC, Royal Bank of Canada, CIBC, National Bank, Scotiabank, BMO, RBC, Reuters Graphics Reuters, AGF Investments, Reuters Graphics, Thomson Locations: Toronto, Milton , Ontario, Canada

☆ Emma Stone met her husband when she appeared on 'Saturday Night Live' in 2016. Here's a complete timeline of their relationship.
▼ + stars: | 2023-12-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +7 min

Emma Stone has been married to husband Dave McCary since 2020. The couple met in 2016 on "Saturday Night Live," where McCary worked as a writer and director. December 2016: Emma Stone hosts "SNL" for the third time and meets director Dave McCaryEmma Stone during her "Saturday Night Live" monologue on December 3, 2016. According to People , it was during the filming of this sketch that Stone met McCary, who had been working as a segment director for the show since 2013. "Emma Stone gives a second life to a white dress specially designed for her wedding after-party."

Persons: Emma Stone, Dave McCary, McCary, —, I've, Lorne Michaels, Stone, Dave McCary Emma Stone, Will Heath, Price, McCarys, Kyle Mooney, Andrew Garfield, Matt Thomas, Kevork Djansezian, it's, Louis Vuitton, Stephane Cardinale, Corbis, Drew Barrymore, Emma, Dave, Louise Jean McCary, Jean Louise, Stowearsars, Dimitrios Kambouris Organizations: Service, NBC, SNL, NBCU, Boys, Citi Field, San Diego Padres, Getty, Staples Center, Golden State Warriors, Los Angeles Clippers, SAG, Stone, Academy, Country, Louis, The Metropolitan Museum of Art, The Met Museum, Vogue

TD said it would be challenging to meet its medium-term adjusted earnings growth target range of 7%-10% in the new fiscal year. It reported adjusted earnings of C$1.83 per share, 7 Canadian cents shy of estimates. RBC reported adjusted earnings of C$2.78 per share, comfortably beating expectations of C$2.62, according to LSEG data. CIBC also beat profit expectations as it set aside smaller-than-expected loan provisions and is slashing costs through a 5% reduction in its workforce, or about 2,400 jobs. The lender, Canada's fifth biggest, reported adjusted earnings of C$1.57 per share, compared with expectations of C$1.53.

Persons: Mark Blinch, Gabriel Dechaine, Kelvin Tran, Victor Dodig, Dave McKay, Niket, Balu, Arasu Kannagi Basil, Shinjini Ganguli, Kirsten Donovan, Mark Porter Organizations: Royal Bank of Canada, REUTERS, Canadian Imperial Bank of Commerce, RBC, National Bank, CIBC, TD Bank, Bank Nova Scotia, Bank of Montreal, Scotiabank, Tuesday, Thomson Locations: Toronto, dealmaking, PCLs, Canada, United States, U.S, Bengaluru

☆ Supreme Court Weighs Whether SEC Violates Defendants’ Jury-Trial Rights
▼ + stars: | 2023-11-29 | by ( Dave Michaels | ) www.wsj.com time to read: 1 min

The U.S. Securities and Exchange Commission in Washington, whose special courts are accused of robbing defendants of the right to a jury trial. Photo: Ariel Zambelich/The Wall Street JournalWASHINGTON—The Supreme Court on Wednesday will consider a case that could severely limit the Securities and Exchange Commission’s use of its special in-house courts to punish wrongdoers. Critics have complained about the SEC’s special courts for years, saying they rob defendants, including those accused of fraud, of their right to a jury trial. Administrative law judges, who preside in the in-house courts, are supposed to be independent but are appointed by the same commissioners who authorize the enforcement cases that the judges hear.

Persons: Ariel Zambelich, wrongdoers, Critics Organizations: U.S . Securities, Exchange Commission, Street Journal WASHINGTON, Securities, Exchange Locations: Washington

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