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☆ Activist Rubric nominates two directors at Xperi. Here’s how the firm may help enhance shareholder value
▼ + stars: | 2024-01-27 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Xperi is a technology company that develops software solutions and has the following four main business segments. Rubric is a deep value, long/short investor that will become active in situations that require it. The problem is a culture that is not focused on shareholder value. Accordingly, Rubric Capital nominated Conrad and Lacey for election as directors to the company's board at Xperi's 2024 annual meeting. There is a big difference between settling for two additional directors on a seven-person board and replacing two incumbent directors on a five-person board.

Persons: Xperi, David Rosen, Rosen, Tobii, Conrad, Lacey, Ken Squire Organizations: Smart, TiVo, SAC Capital, Tobii, 13D Locations: New York, Swedish

☆ Nobel laureate Paul Krugman says this isn't a 'Goldilocks' economy – it's even better, thanks to strong growth and cooling inflation
▼ + stars: | 2024-01-26 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Paul Krugman believes the outlook for the US economy is better than a "Goldilocks" scenario. Krugman's comments came after Bureau of Economic Analysis data showed that the US's GDP rose by a better-than-expected 3.3% over the final quarter of 2024. AdvertisementThe US economy isn't just headed for a so-called "Goldilocks" scenario – things are looking even better than that, according to Paul Krugman. "This is not a Goldilocks economy," the Nobel Prize-winning economist wrote on X Thursday, referring to a situation where growth, inflation, and unemployment are all at levels that look "just right". "We have an economy that is both satisfyingly hot (GDP) and refreshingly cold (inflation)."

Persons: Paul Krugman, Krugman's, —, Krugman, Joe Biden, JPMorgan Chase, Jamie Dimon, Steve Hanke, David Rosenberg, Hanke, Rosenberg, it'd Organizations: Service, Bureau, Federal Reserve, JPMorgan, Fox Business

☆ The S&P 500 just hit an all-time high – but many other US stocks are still in a bear market
▼ + stars: | 2024-01-22 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Read previewBlue-chip US stocks are trading at record levels – but small caps are still feeling the pain. That means the widely-followed gauge is technically still in a bear market, with high interest rates hammering lower-market-cap stocks even as AI powers the "Magnificent Seven" Big Tech titans to massive gains. "40% of Russell 2000 companies lose money, so these are companies that rely on credit to stay afloat." But the Russell 2000 is still in a bear market," he added. Economic bellwetherThe Russell 2000 isn't just a gauge of smaller-cap stock prices – it's also an economic bellwether.

Persons: —, Russell, they've, Ronald Temple, Lazard, Charles, Henry Monchau, That's, isn't, it's, JPMorgan Chase, Jamie Dimon, Steve Hanke, David Rosenberg, Hanke, Rosenberg, it'd Organizations: Service, Business, Big Tech titans, Federal Reserve, Facebook, Big Tech, Microsoft, Nvidia, Syz, LinkedIn, JPMorgan Locations: Swiss

☆ Buffalo Bills fans are haunted by these two words: ‘Wide right’
▼ + stars: | 2024-01-22 | by ( Ben Morse | ) edition.cnn.com time to read: +36 min

Ryan Kang/AP Buffalo Bills quarterback Josh Allen and wide receiver Trent Sherfield celebrate after a touchdown against the Miami Dolphins on Sunday, January 7. Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Todd Kirkland/Getty Images Philadelphia Eagles wide receiver Olamide Zaccheaus catches a touchdown pass over Buffalo Bills safety Micah Hyde on November 26. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22.

Persons: Josh Allen, Tyler Bass, hadn’t, Bass, Bass’s, –, Jim Nantz, Josh Reynolds, Craig Reynolds, Junfu, Clyde Edwards, Helaire, Jeffrey T, Barnes, Dre Greenlaw, Emanuel Wilson, Lachlan Cunningham, Lamar Jackson, Sheldon Rankins, Patrick Smith, Jalen, Julio Aguilar, Dawson Knox, Kathryn Riley, Kirby Lee, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Dak Prescott, Michael Owens, Patrick Mahomes, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Trent Sherfield, —, Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Jay Biggerstaff, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray Seebeck, Reed, Joey Porter Jr, Joe Sargent, Kyler Murray, Mike Christy, Tristan Wirfs, Chris O'Meara, Austin Ekeler, Detroit's Aidan Hutchinson, Derrick Barnes, Jack Campbell, Harry, Demario Douglas, Kenny Moore II, Steve Luciano, Noah Sewell, Kirill Kudryavtsev, Joshua Dobbs, Dobbs, Kevin Sabitus, Cooper Neill, Daniel Jones grimaces, John Locher, Cole Kmet, Tyrann Mathieu, Wesley Hitt, Jaylen Warren, Tre Avery, Joe Robbins, Ja'Quan McMillian, Justin Edmonds, Will Levis, Levis, George Walker IV, Brown, Benjamin St, Juste, Alex Brandon, Zack Moss, Michael Conroy, Mahomes, Jack Dempsey, Irv Smith Jr, Talanoa Hufanga, Josie Lepe, Dalton Kincaid, Rich Barnes, Sean McDermott, Michael Dwyer, Davante Adams, Jamie Sabau, Younghoe Koo, Javonte Williams, Darnell Savage, Jonathan Taylor, Trevor Ruszkowski, Charlie Riedel, Brock Purdy scrambles, Jeremiah Owusu, Sue Ogrocki, CJ Henderson, Mostert, Lynne Sladky, Justin Fields, Dick Butkus, Butkus, Todd Rosenberg, Christian Rozeboom, Tony Ding, DeVonta Smith, Robert Spillane, David Becker, Paul Sancya, Dustin Bradford, KaVontae Turpin, Henderson, Matt Durisko, Chase, Marco Wilson, Joe Camporeale, Khalil Mack, Mack, Gregory Trott, Justin Setterfield, Brian Robinson Jr, Mitchell Leff, Damar Hamlin, Hamlin, Adrian Kraus, Evan McPherson, McPherson, Amon, Ra St, Braxton Berrios, Christian Wilkins, Rebecca Blackwell, Amari Cooper, Andrew Nelles, Evan Vucci, Taylor Swift, Travis Kelce, Swift, Alie, Tavius Robinson, Brent Skeen, Isaac Yiadom, Dan Powers, Rick Osentoski, Elijah Mitchell, Cary Edmondson, Nick Chubb grimaces, Aaron Rodgers, Michael Ainsworth, Lawrence, Sam Greenwood, Michael Wilson, Jason Pinnock, Matt York, Noah Gray, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Jakobi Meyers, Damarri Mathis, Ron Chenoy, Grant Delpit, Nick Wosika, JK Scott, Zay Flowers, Randy Litzinger, T.J, Watt, Matt Freed, Marv Levy, Bill Parcells, Buffalo, Jim Kelly, Scott Norwood, Bass ’, Norwood’s, Norwood, Allen, “, ” Allen, We’ve, Frank Franklin II, it’s, ”, “ I’ve, I’ve Organizations: CNN, Buffalo Bills, AFC, Buffalo, Kansas City Chiefs, Super Bowl, Kansas City’s, CBS, Detroit Lions, Lions, Tampa Bay Buccaneers, Ford Field, The Lions, USA, Network, Reuters Kansas City Chiefs, Chiefs, Highmark, Super, Baltimore Ravens, AP San Francisco 49ers, Green, Packers, The 49ers, NFC, Getty, Houston Texans, The Ravens, AFC Championship, Philadelphia Eagles, Eagles, Getty Images Buffalo Bills, Pittsburgh, Bills, Sports Detroit Lions, Los Angeles Rams, Sunday, Rey Del Rio, Green Bay Packers, Dallas Cowboys, NFL, Getty Images, Green Bay, Miami Dolphins, Dolphins, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Cleveland Browns, Texans, Browns, AP Buffalo, Trent, AFC East, New York Jets, The Jets, Reuters New York Giants, Boston, Giants, New England Patriots, Reuters San Francisco 49ers, 49ers, Rams, Getty Images Dallas Cowboys, Cowboys, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, Cleveland, AP Pittsburgh Steelers, Steelers, Ravens, Getty Images Arizona Cardinals, Cardinals, AP Cleveland Browns, Jets, New York Giants, AP Kansas City Chiefs, Las Vegas Raiders, AFC West, Reuters Detroit Lions, Minnesota Vikings, Reuters New York Jets, Washington, AP Indianapolis Colts, Atlanta Falcons, Falcons, Cincinnati Bengals, Getty Images Miami Dolphins, AP Atlanta Falcons, The Carolina Panthers, New Orleans Saints, Getty Images Detroit Lions, Denver Broncos, Los Angeles Chargers, Raiders, Chargers, Getty Images Tennessee, Miami, Titans, Bears, Getty Images Atlanta Falcons, UPI, San Francisco 49ers, Seattle, Seahawks, AP Jacksonville Jaguars, Jaguars, Tennessee Titans, Indianapolis Colts, Colts, Reuters Denver Broncos, Broncos, AP Dallas Cowboys, Seattle Seahawks, AP Philadelphia Eagles, Pittsburgh Steelers, AP Miami Dolphins, Network Dallas Cowboys, Reuters, Getty Images Kansas City Chiefs, Getty Images Seattle Seahawks, Buccaneers, AP Los Angeles Chargers, Detroit, Indianapolis, Football, Carolina Panthers, Getty Images Minnesota Vikings, Vikings, Stroud, AP Chicago Bears, Saints, Getty Images Pittsburgh Steelers, AP Denver Broncos, Getty Images Tennessee Titans, Patriots, AP Las Vegas Raiders, Reuters Atlanta Falcons, Getty Images Denver Broncos, Koramoah, Soldier, Pro Football Hall of Fame, Arizona Cardinals, AP Detroit Lions, AP New York Jets, Levi's, Lucas Oil, North, Reuters Los Angeles Chargers, Wembley, Tennesee Titans, Lambeau, Cleveland Browns Stadium, Reuters Buffalo Bills, Reuters Cleveland Browns, AT, TIAA Bank, Kansas, Jacksonville Jaguars, Reuters Las Vegas Raiders, Acrisure, US Bank, JK, Reuters Baltimore Ravens, Baltimore, Niners Locations: Kansas, Buffalo, Detroit, Orchard Park , New York, Santa Clara , California, Baltimore, Kansas City, New England, Getty Images Arizona, Frankfurt, Germany, AFP, Stroud, Denver, Chicago, North America, London, New, Pittsburgh, Minneapolis, Kansas City , Missouri, warmups

☆ NFL’s policy over cold-weather games questioned after fans treated for hypothermia and frostbite at Chiefs-Dolphins game
▼ + stars: | 2024-01-20 | by ( Ben Morse | ) edition.cnn.com time to read: +40 min

Even the helmet of Chiefs quarterback Patrick Mahomes broke in the tundra like conditions. Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22. It’s extreme temperatures.”What can be doneFor the Chiefs-Dolphins game, Kansas allowed spectators to bring blankets into Arrowhead Stadium, and there were warming stations and hot chocolate available to purchase.

Persons: Andy, shivers, Michael Hopkins, ”, Hopkins, Patrick Mahomes, Mahomes, Jay Biggerstaff, –, ” Marshall Shepherd, Jalen, Julio Aguilar, Dawson Knox, Kathryn Riley, Kirby Lee, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Dak Prescott, Michael Owens, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Josh Allen, Trent Sherfield, —, Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, Lamar Jackson, Patrick Smith, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray Seebeck, Reed, Joey Porter Jr, Joe Sargent, Kyler Murray, Mike Christy, Tristan Wirfs, Chris O'Meara, Austin Ekeler, Detroit's Aidan Hutchinson, Derrick Barnes, Jack Campbell, Harry, Demario Douglas, Kenny Moore II, Steve Luciano, Noah Sewell, Kirill Kudryavtsev, Joshua Dobbs, Dobbs, Kevin Sabitus, Cooper Neill, Daniel Jones grimaces, John Locher, Cole Kmet, Tyrann Mathieu, Wesley Hitt, Jaylen Warren, Tre Avery, Joe Robbins, Ja'Quan McMillian, Justin Edmonds, Will Levis, Levis, George Walker IV, Brown, Benjamin St, Juste, Alex Brandon, Zack Moss, Michael Conroy, Jack Dempsey, Irv Smith Jr, Talanoa Hufanga, Josie Lepe, Dalton Kincaid, Rich Barnes, Sean McDermott, Michael Dwyer, Davante Adams, Jamie Sabau, Younghoe Koo, Javonte Williams, Darnell Savage, Jonathan Taylor, Trevor Ruszkowski, Charlie Riedel, Brock Purdy scrambles, Jeremiah Owusu, Sue Ogrocki, CJ Henderson, Mostert, Lynne Sladky, Justin Fields, Dick Butkus, Butkus, Todd Rosenberg, Christian Rozeboom, Tony Ding, DeVonta Smith, Robert Spillane, David Becker, Paul Sancya, Dustin Bradford, KaVontae Turpin, Henderson, Matt Durisko, Chase, Marco Wilson, Joe Camporeale, Khalil Mack, Mack, Gregory Trott, Justin Setterfield, Brian Robinson Jr, Mitchell Leff, Damar Hamlin, Hamlin, Adrian Kraus, Evan McPherson, McPherson, Amon, Ra St, Braxton Berrios, Christian Wilkins, Rebecca Blackwell, Amari Cooper, Andrew Nelles, Evan Vucci, Taylor Swift, Travis Kelce, Swift, Alie, Tavius Robinson, Brent Skeen, Isaac Yiadom, Dan Powers, Rick Osentoski, Elijah Mitchell, Cary Edmondson, Nick Chubb grimaces, Aaron Rodgers, Michael Ainsworth, Lawrence, Sam Greenwood, Michael Wilson, Jason Pinnock, Matt York, Noah Gray, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Jakobi Meyers, Damarri Mathis, Ron Chenoy, Grant Delpit, Nick Wosika, JK Scott, Zay Flowers, Randy Litzinger, T.J, Watt, Matt Freed, Scott Winters, Shepherd, ” Shepherd, “, Andy Reid Organizations: CNN, Arrowhead, Kansas City Chiefs, Miami Dolphins, Kansas City Fire Department, Reuters, Buffalo Bills, Pittsburgh Steelers, University of Georgia, CNN Sport, ” Philadelphia Eagles, Tampa Bay Buccaneers, Eagles, NFC, Getty Images Buffalo Bills, Pittsburgh, Bills, USA, Sports Detroit Lions, Lions, Los Angeles Rams, Sunday, Rey Del Rio, Green Bay Packers, Packers, Dallas Cowboys, NFL, Getty Images, Green Bay, Chiefs, Dolphins, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Cleveland Browns, Texans, Browns, AP Buffalo, Trent, AFC East, New York Jets, The Jets, Network, Reuters New York Giants, Philadelphia Eagles, Boston, Giants, New England Patriots, Reuters San Francisco 49ers, 49ers, Rams, Getty Images Dallas Cowboys, Cowboys, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, Cleveland, AP Pittsburgh Steelers, Steelers, Baltimore Ravens, Ravens, AFC, Getty Images Arizona Cardinals, Cardinals, AP Cleveland Browns, Jets, New York Giants, AP Kansas City Chiefs, Las Vegas Raiders, AFC West, Reuters Detroit Lions, Minnesota Vikings, The Lions, Reuters New York Jets, Washington, AP Indianapolis Colts, Atlanta Falcons, Falcons, Cincinnati Bengals, Getty Images Miami Dolphins, AP Atlanta Falcons, The Carolina Panthers, New Orleans Saints, Getty Images Detroit Lions, Denver Broncos, Los Angeles Chargers, Raiders, Chargers, Getty Images Tennessee, Miami, Titans, Bears, Detroit Lions, Getty Images Atlanta Falcons, Getty, UPI, San Francisco 49ers, Seattle, Seahawks, The 49ers, AP Jacksonville Jaguars, Jaguars, Tennessee Titans, Indianapolis Colts, Colts, Reuters Denver Broncos, Broncos, Houston Texans, AP Dallas Cowboys, Seattle Seahawks, AP Philadelphia Eagles, AP Miami Dolphins, Network Dallas Cowboys, Getty Images Kansas City Chiefs, Super, Getty Images Seattle Seahawks, Buccaneers, AP Los Angeles Chargers, Detroit, Indianapolis, Football, Carolina Panthers, Getty Images Minnesota Vikings, Vikings, Stroud, AP Chicago Bears, Saints, Getty Images Pittsburgh Steelers, AP Denver Broncos, Getty Images Tennessee Titans, Patriots, AP Las Vegas Raiders, Reuters Atlanta Falcons, Getty Images Denver Broncos, Koramoah, Soldier, Pro Football Hall of Fame, Arizona Cardinals, AP Detroit Lions, AP New York Jets, Levi's, Lucas Oil, North, Reuters Los Angeles Chargers, Wembley, Tennesee Titans, Lambeau, Cleveland Browns Stadium, Reuters Buffalo Bills, Ford Field, Reuters Cleveland Browns, AT, TIAA Bank, Kansas, Jacksonville Jaguars, Reuters Las Vegas Raiders, Highmark, Acrisure, US Bank, JK, Reuters Baltimore Ravens, Baltimore, Niners, Buffalo, Kansas City, ” Chiefs, Facebook Locations: Kansas, Missouri, Kansas City, New England, Getty Images Arizona, Frankfurt, Germany, AFP, Stroud, Denver, Chicago, Detroit, North America, London, New, Pittsburgh, Minneapolis, Kansas City , Missouri, Buffalo, Canada

☆ Bank credit is shrinking for the first time since the Great Recession – and that's a red flag for the economy
▼ + stars: | 2024-01-19 | by ( George Glover | ) www.businessinsider.com time to read: +5 min

The last one was during the Great Recession, brought about by the global financial crisis of 2008-2009. The extended slump in bank lending comes as many Wall Street experts continue to project a pessimistic outlook for the economy, despite the surprisingly upbeat trend seen in 2023. Recession warningsThe US economy defied forecasters' gloomy predictions by dodging a recession last year, with strong consumer spending helping to prop up growth. AdvertisementBut not everyone on Wall Street is so cheerful. It might be a mild recession or a heavy recession," he added, noting it's possible that the downturn bites in 2024.

Persons: —, Jeffrey Gundlach, Henry Kravis, David Rosenberg, Steve Hanke, Gary Shilling, Continentale, Janet Yellen, haven't, JPMorgan Chase, Jamie Dimon, Hanke, Rosenberg, it'd Organizations: Service, Business, Governors, Federal, Wall, Louis Federal Reserve, Bank, Federal Reserve, Philadelphia Fed, JPMorgan, Fox Business Locations: Bank, Ukraine, Gaza

☆ Dan Levy on ‘Good Grief,’ Hating Exercise and Great Eyebrows
▼ + stars: | 2024-01-15 | by ( Lane Florsheim | ) www.wsj.com time to read: 1 min

Dan Levy, 40, rose to fame on “Schitt’s Creek,” playing the snarky David Rose for six seasons. He and his dad, Eugene Levy, created the Emmy-winning sitcom, which follows a rich family’s comically bumpy adjustment to small-town life after losing their fortune. “I think a lot of people think I’m a comedian, but I never really identified as one,” Levy said.

Persons: Dan Levy, ”, David Rose, Eugene Levy, “, ” Levy

☆ Packers dominate Cowboys to advance in NFL playoffs and throw Dallas into disarray while Lions defeat Rams in 1st playoff win in 32 years
▼ + stars: | 2024-01-14 | by ( Jacob Lev | Ben Morse | ) edition.cnn.com time to read: +38 min

Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Nathan Ray Seebeck/USA Today Network/Reuters Green Bay Packers wide receiver Jayden Reed stiff arms Joey Porter Jr. of the Pittsburgh Steelers on November 12. Michael Conroy/AP Kansas City Chiefs quarterback Patrick Mahomes walks off the field after the Chiefs' loss to the Denver Broncos on October 29. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22.

Persons: “, Mike McCarthy’s, Dallas hadn’t, Jordan Love, Aaron Jones, Love, Doubs, Luke Musgrave, Dontayvion Wicks, Jones, –, “ Jordan, Matt LaFleur, … I’m, Dak Prescott, Prescott, Darnell Savage, Aaron Rodgers, ” Love, Jerry Jones, McCarthy, Jones –, “ He’s, ”, I’ve, they’ve, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Michael Owens, Patrick Mahomes, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Josh Allen, Trent Sherfield, —, Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, Lamar Jackson, Patrick Smith, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Jay Biggerstaff, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Jalen, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray Seebeck, Reed, Joey Porter Jr, Joe Sargent, Kyler Murray, Mike Christy, Tristan Wirfs, Chris O'Meara, Austin Ekeler, Detroit's Aidan Hutchinson, Derrick Barnes, Jack Campbell, Harry, Demario Douglas, Kenny Moore II, Steve Luciano, Noah Sewell, Kirill Kudryavtsev, Joshua Dobbs, Dobbs, Kevin Sabitus, Cooper Neill, Daniel Jones grimaces, John Locher, Cole Kmet, Tyrann Mathieu, Wesley Hitt, Jaylen Warren, Tre Avery, Joe Robbins, Ja'Quan McMillian, Justin Edmonds, Will Levis, Levis, George Walker IV, Brown, Benjamin St, Juste, Alex Brandon, Zack Moss, Michael Conroy, Mahomes, Jack Dempsey, Irv Smith Jr, Talanoa Hufanga, Josie Lepe, Dalton Kincaid, Rich Barnes, Sean McDermott, Michael Dwyer, Davante Adams, Jamie Sabau, Younghoe Koo, Javonte Williams, Jonathan Taylor, Trevor Ruszkowski, Charlie Riedel, Brock Purdy scrambles, Jeremiah Owusu, Sue Ogrocki, CJ Henderson, Mostert, Lynne Sladky, Justin Fields, Dick Butkus, Butkus, Todd Rosenberg, Christian Rozeboom, Tony Ding, DeVonta Smith, Kathryn Riley, Robert Spillane, David Becker, Paul Sancya, Dustin Bradford, KaVontae Turpin, Henderson, Matt Durisko, Chase, Marco Wilson, Joe Camporeale, Khalil Mack, Mack, Gregory Trott, Justin Setterfield, Brian Robinson Jr, Mitchell Leff, Damar Hamlin, Hamlin, Adrian Kraus, Evan McPherson, McPherson, Amon, Ra St, Braxton Berrios, Christian Wilkins, Rebecca Blackwell, Amari Cooper, Andrew Nelles, Evan Vucci, Taylor Swift, Travis Kelce, Swift, Alie, Tavius Robinson, Brent Skeen, Isaac Yiadom, Dan Powers, Rick Osentoski, Elijah Mitchell, Cary Edmondson, Nick Chubb grimaces, Michael Ainsworth, Lawrence, Sam Greenwood, Michael Wilson, Jason Pinnock, Matt York, Noah Gray, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Jakobi Meyers, Damarri Mathis, Ron Chenoy, Grant Delpit, Nick Wosika, JK Scott, Kirby Lee, Zay Flowers, Randy Litzinger, T.J, Watt, Matt Freed, Jared Goff, Stafford, Goff, Brett Maher, ” Goff, It’s, ” Stafford, I’m, Nacua Organizations: CNN, Green Bay Packers, Dallas Cowboys, NFL, ”, Detroit Lions, Los Angeles Rams, Packers, Cowboys, AT, T, Lions, Ford Field, 49ers, Tampa Bay Buccaneers, Philadelphia Eagles, Divisional, Dallas, Research, New York Jets, FOX, Rey Del Rio, Getty Images Dallas Cowboys, Kansas City Chiefs, Miami Dolphins, Chiefs, Dolphins, National Football League, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Texans, Cleveland Browns, AP Buffalo, Trent, Bills, AFC East, The Jets, USA, Network, Reuters New York Giants, Boston, Giants, Eagles, New England Patriots, Reuters San Francisco 49ers, NFC, Rams, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, Cleveland, AP Pittsburgh Steelers, Steelers, Baltimore Ravens, Ravens, AFC, Getty Images, Getty Images Arizona Cardinals, Cardinals, AP Cleveland Browns, Browns, Jets, New York Giants, AP Kansas City Chiefs, Las Vegas Raiders, AFC West, Reuters Detroit Lions, Minnesota Vikings, Sunday, The Lions, Reuters New York Jets, Washington, AP Indianapolis Colts, Atlanta Falcons, Falcons, Cincinnati Bengals, Getty Images Miami Dolphins, AP Atlanta Falcons, The Carolina Panthers, New Orleans Saints, Getty Images Detroit Lions, Denver Broncos, Los Angeles Chargers, Raiders, Chargers, Getty Images Tennessee, Miami, Titans, Bears, Buffalo Bills, Getty Images Atlanta Falcons, Getty, UPI, San Francisco 49ers, Seattle, Seahawks, The 49ers, AP Jacksonville Jaguars, Jaguars, Tennessee Titans, Indianapolis Colts, Colts, Reuters Denver Broncos, Broncos, Houston Texans, AP Dallas Cowboys, Seattle Seahawks, AP Philadelphia Eagles, Pittsburgh Steelers, AP Miami Dolphins, Network Dallas Cowboys, Reuters, Getty Images Kansas City Chiefs, Super, Getty Images Seattle Seahawks, Buccaneers, AP Los Angeles Chargers, Detroit, Indianapolis, Football, Carolina Panthers, Getty Images Minnesota Vikings, Vikings, Stroud, AP Chicago Bears, Saints, Getty Images Pittsburgh Steelers, AP Denver Broncos, Getty Images Tennessee Titans, Patriots, AP Las Vegas Raiders, Reuters Atlanta Falcons, Getty Images Denver Broncos, Koramoah, Soldier, Pro Football Hall of Fame, Arizona Cardinals, AP Detroit Lions, AP New York Jets, Levi's, Lucas Oil, North, Reuters Los Angeles Chargers, Wembley, Getty Images Buffalo Bills, Tennesee Titans, Lambeau, Cleveland Browns Stadium, Reuters Buffalo Bills, Reuters Cleveland Browns, TIAA Bank, Kansas, Jacksonville Jaguars, Reuters Las Vegas Raiders, Highmark, Acrisure, US Bank, JK, Reuters Baltimore Ravens, Baltimore, Niners, NBC Locations: Arlington , Texas, Detroit, San Francisco . Detroit, Dallas, Prescott, Texas, Kansas City , Missouri, Houston, New England, Getty Images Arizona, Frankfurt, Germany, AFP, Stroud, Denver, Chicago, North America, London, New, Kansas City, Pittsburgh, Minneapolis, Los Angeles

☆ A famed economist who called the 2008 recession warns stocks look 'eerily similar' to how they did before their 25% drop in 2022 — and says the US economy is still heading for a downturn
▼ + stars: | 2024-01-13 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

He is the founder of Rosenberg Research and the former chief economist at Merrill Lynch — and he called the 2008 recession. Rosenberg ResearchRosenberg's model takes into account stock valuations, investor sentiment, market technicals, investor positioning, and macro fundamentals. Here's The Conference Board's Leading Economic Index, which bundles together manufacturing data, bond and stock market performance, housing market activity, and consumer sentiment data. The economy doesn't jump from a tight labor market to layoffs," Rosenberg said in a note on Friday. Labor market and inflation data in the months ahead will tell the story for the US economy.

Persons: David Rosenberg, Merrill Lynch —, Rosenberg, It's, —, Louis, GMO's Jeremy Grantham, Societe Generale's Albert Edwards Organizations: Rosenberg Research, Business, Research, Federal Reserve Bank of St, CNN, National Federation of Independent Businesses, Rosenberg, Societe Generale's, Federal, Labor, CPI

☆ Markets are underestimating the potential for an economic slowdown, and 'greedflation' won't help investors anymore, Societe Generale says
▼ + stars: | 2024-01-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewInvestors are underestimating the risk of an economic slowdown, and "greedflation" among companies can't prop up the market any longer, Société Générale said in a note this week. Firms hiking prices likely helped avoid a deeper slump in profits stemming from a slowing economy, Société Générale strategist Albert Edwards said. "The Greedflation driven surge in margins helped stop the profits slowdown turning into a deep downturn. A recession still poses a decent risk to the economy, though investors have warmed up to the prospect of a soft-landing.

Persons: —, Société Générale, they're, Société, Albert Edwards, Greedflation, Edwards, –, Evercore, quant, Andrew Lapthorne, David Rosenberg Organizations: Service, Business, Bureau of Labor Statistics, Federal Reserve, New, Fed, Institute of Supply, Evercore ISI

☆ Everyone thinks Jim Harbaugh is leaving Michigan for the NFL. Here's where he could be headed.
▼ + stars: | 2024-01-08 | by ( Meredith Cash | ) www.businessinsider.com time to read: +3 min

Read previewThe Michigan Wolverines are 60 minutes of playing time away from their first potential title of the millennium. Related storiesMichigan head coach Jim Harbaugh is connected to a number of vacant or soon-to-be-vacant head coaching spots in the NFL. Jim Harbaugh leads his Michigan Wolverines out of the tunnel. AdvertisementA number of teams have already expressed interest in the former San Francisco 49ers head coach. Grant Halverson/Getty ImagesPlus, the head coach has been cagey about his intentions during recent media availabilities.

Persons: —, Jim Harbaugh, David Rosenblum, Harbaugh, he's, He's, Jordan Schultz, Don Yee —, Grant Halverson Organizations: Service, Michigan Wolverines, Business, Monday's College, NFL, Wolverines, Getty, Minnesota Vikings, Denver Broncos, San Francisco 49ers, Athletic, Los Angeles Chargers, Las Vegas Raiders, Washington, Washington Huskies Locations: Ann Arbor, Michigan, West Coast

☆ The 'eye lift' has become one of the most highly requested plastic surgeries in America
▼ + stars: | 2024-01-06 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

The eye lift, also known as a blepharoplasty, is one of the most requested plastic surgeries in the US. The procedure trims back excess skin on the eyelids and helps give the eyes a more youthful look. AdvertisementThere's a plastic surgery procedure on the rise that helps improve the appearance of tired eyes. After nose jobs , eye lifts have become the one of the most requested plastic surgery procedures in the country, according to Vogue. The average cost of a blepharoplasty is $3,339, according to the American Society of Plastic Surgeons .

Persons: —, Carolyn Chang, it's, Dr, David Rosenberg, Lara Devgan, Amanda Bynes, Robert Schwarcz, Chang Organizations: Service, Vogue, American Society of Plastic Surgeons, Cleveland Clinic, TikTok Locations: San Francisco, New York, Francisco

☆ A record 8.5 million Chinese borrowers are now blacklisted for not paying their debts, a report says. They're feeling the same financial pressures as Americans.
▼ + stars: | 2023-12-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

A record 8.54 million Chinese borrowers are blacklisted for not paying their debts, the FT reported. 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 . AdvertisementA record 8.5 million Chinese borrowers – about 1% of the country's working-age adults – are blacklisted by their government for failing to pay their debts, the Financial Times reported on Sunday. The restrictions placed on the borrowers threaten to weigh on consumer spending in the world's second-largest economy, crimping global growth.

Persons: —, defaulters, Michael Burry, David Rosenberg Organizations: Service, Financial Times Locations: China

☆ 'We've been in a soft landing all year, the question is what's next', says David Rosenberg
▼ + stars: | 2023-11-20 | 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 Email'We've been in a soft landing all year, the question is what's next', says David RosenbergDavid Rosenberg, Rosenberg Research, joins 'Fast Money' to talk the state of the markets, what's ahead for the economy and why a soft landing might not be the best outcome.

Persons: David Rosenberg David Rosenberg, Rosenberg Organizations: Rosenberg Research

☆ Baby boomers got rich off real estate and they are in perfect position to do it again
▼ + stars: | 2023-11-19 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Nearly one-fourth of that was built through real estate equity. With less pressure from interest rates, they can take advantage of the current real estate market, too. They're also in the perfect position to help themselves by taking advantage of the current real estate market. However, boomers can make stronger bids on homes for sale because of their savings and real estate equity. AdvertisementMeanwhile, more than one-third of house purchases in September were all-cash, according to the real estate broker RedFin.

Persons: —, They're, Jessica Lautz, RedFin, Jeremy Grantham, Grantham, David Rosenberg, Rosenberg, Merrill Lynch Organizations: Service, National Association of Realtors, NAR, Brigade, Census Bureau, Federal, Rosenberg Research, North, Federal Reserve Locations: North American

☆ The Fed is running out of excuses to sound hawkish, says economist David Rosenberg
▼ + stars: | 2023-11-14 | 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 Fed is running out of excuses to sound hawkish, says economist David RosenbergDavid Rosenberg, Rosenberg Research Founder, joins 'Closing Bell Overtime' to talk today's inflation read, the Federal Reserve's next move, the U.S. economy and more.

Persons: David Rosenberg David Rosenberg Organizations: Rosenberg Research, Federal Locations: U.S

☆ Top strategists at Goldman Sachs' $2.7 trillion asset management arm share why they're optimistic about the economy, all-in on AI, and bullish on these 6 investments in 2024
▼ + stars: | 2023-11-09 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Investors shouldn't expect too many changes in 2024, according to the top investing minds at Goldman Sachs Asset Management (GSAM). GSAM strategists suggested that investors are overlooking the risk that the conflicts cause a sharp slowdown. Higher bond yields usually reflect higher risk since investors demand better compensation for going out on a limb. But it's not just junk bonds that have enticing yields — Wilson-Elizondo said debt for investment-grade firms pays mid-single-digit rates despite boasting robust fundamentals. Sophisticated investors can enhance their returns further with private credit, which Wilson-Elizondo said can offer lofty yields of 11% to 12%.

Persons: they're, Alexandra Wilson, Elizondo, GSAM's, Ashish Shah, Shah, David Rosenberg, Wilson, Michael Bruun, it's, Goldman Sachs, Bruun, " Bruun, — Wilson Organizations: Investors, Goldman Sachs Asset Management, Federal Reserve, Consumers, BSE, Nikkei Locations: GSAM, Israel, Ukraine, India, Japan, China

☆ When Fed tightening ends, nothing performs better than 30-year Treasurys — not even the S&P 500, top economist David Rosenberg says
▼ + stars: | 2023-11-08 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

30-year US Treasury bonds should outperform the stock market as the Fed tightening cycle nears its end. Rosenberg said the current stock market rally "has been rather junky." AdvertisementAdvertisementBonds should outperform stocks as the Federal Reserve ends its cycle of hiking interest rates, according to top economist David Rosenberg. If the Fed does keep interest rates unchanged at its December FOMC meeting, "the cycle is over. And that's good news for bonds, as a decline in interest rates would drive bond prices higher.

Persons: David Rosenberg, Rosenberg, — Organizations: Service, Federal Reserve, Fed, Treasury, verve

☆ The economy is losing momentum, says Rosenberg Research founder
▼ + stars: | 2023-11-03 | 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 economy is losing momentum, says Rosenberg Research founderDavid Rosenberg, Rosenberg Research founder and president, joins 'Squawk on the Street' to discuss what recent macroeconomic data signals about where the economy is, whether we are heading into a recession, and more.

Persons: Rosenberg, David Rosenberg Organizations: Rosenberg Research

☆ Elon Musk, Jamie Dimon, and Ray Dalio just issued fresh warnings about the US economy. Here's what 10 experts recently said about recession risks.
▼ + stars: | 2023-10-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Elon Musk, Jamie Dimon, and Ray Dalio all have serious concerns about the US economic outlook. Leon Cooperman, David Solomon, and David Rosenberg have also predicted trouble in recent days. AdvertisementAdvertisementJamie Dimon, Elon Musk, and Ray Dalio are just some of the high-profile commentators who've raised the alarm on the economic outlook in recent days. Elon Musk, CEO of Tesla"I think there's still quite a few shoes to drop on the bad credit situation. David Rosenberg, president of Rosenberg Research"I am willing to acknowledge that the recession has been delayed.

Persons: Elon Musk, Jamie Dimon, Ray Dalio, Leon Cooperman, David Solomon, David Rosenberg, —, who've, Jeremy Grantham, Tesla, I'm, Rosenberg, We've, Goldman Sachs, there's, we've, Larry Fink, Fink, Stephen Schwarzman, Blackstone, we'll, Harley Bassman Organizations: Service, JPMorgan, Omega, Bridgewater Associates Locations: Israel, Ukraine, China

It was the first commemoration since the killer was convicted and sentenced to death after a long-stalled legal process. While the commemoration focused on the Pittsburgh attack, there were reminders of the ongoing war in the Middle East. But Israeli victims of the Hamas attacks were also on his mind. Will anything be done for them?”The commemoration comes as plans advance for the reconstruction of the Tree of Life synagogue complex, which has been dormant since the shootings. ___Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.

Persons: ”, Maggie Feinstein, Robert Bowers, Bowers, Eric Olshan, “, Rabbi Jeffrey Myers, Myers, it’s, — Dor Hadash, Joyce Fienberg, Richard Gottfried, Rose Mallinger, Jerry Rabinowitz, David Rosenthal, Cecil Rosenthal, Bernice Simon, Sylvan Simon, Dan Stein, Melvin Wax, Irving Younger, Joyce Fienberg's, Howard Fienberg, I’ve, Daniel Libeskind Organizations: PITTSBURGH, Western, Western Pennsylvania U.S, Holocaust Center of Pittsburgh, Lilly Endowment Inc, AP Locations: Pittsburgh, Israel, United States, Maine, Schenley, Western Pennsylvania, Gaza, America

☆ Startup workers are on edge
▼ + stars: | 2023-10-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at why startups that have navigated multiple rounds of layoffs have left their workers feeling defeated. It's a question more and more startup employees are contemplating amid a historic downturn in the industry coupled with a pullback in VC funding. But as Insider's Samantha Stokes and Madeline Renbarger detail, employees are on edge nowadays because of the threat of multiple layoffs in a short time. Why work for a corporate entity and be a cog in the wheel when you can get hands-on experience at a startup? AdvertisementAdvertisementiStock; Rebecca Zisser/InsiderBut just because layoffs are a necessary evil of the startup industry, that doesn't mean employees' concerns aren't warranted.

Persons: —, Jamie Dimon isn't, JPMorgan's Jamie Dimon isn't, Samantha Lee, Samantha Stokes, Madeline Renbarger, Samantha, Madeline they've, Rebecca Zisser, Severance, Jamie Dimon, David Rosenberg, Myriam, Airism, Arantza Pena Popo, Chris Rondeau, it's, Katy Perry, Pablo Picasso, Kiersten, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, What's, JPMorgan, EV, Microsoft, TikTok, IBM, Boeing, Meta, Mattel Locations: Southern California, New York City, San Diego, London, New York

☆ Home buyers are finally seeing a light at the end of the tunnel, but it is going to be painful for homeowners and sellers
▼ + stars: | 2023-10-10 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

There is no end in sight for high mortgage rates, and sellers are dropping prices. AdvertisementAdvertisementThe housing market is in an ugly place right now for buyers and while things may be stabilizing, that just means pressure will likely shift from buyers to sellers. Redfin CEO Glenn Kelman made headlines in recent weeks with several interviews where he said the housing market had hit "rock bottom." "The housing market is just taking a beating because affordability is at a four-decade low. While the market might not get worse for buyers, sellers are not yet at rock bottom after enjoying years of rising home values.

Persons: —, Glenn Kelman, Kelman, ZIlloq, Paul Bradbury, Zillow, Jeff Tucker, Redfin, Jeremy Grantham, Grantham, David Rosenberg, Rosenberg, Merrill Lynch, Luis M, Alvarez, Tom Barkin, Alou Diarra, Getty Organizations: Service, CNBC, Getty, Cleveland Fed, Altos Research, Rosenberg Research, North, AP, Richmond, Fed Locations: North American

☆ Veteran Apple investor Alan Patricof says AI is the 'flavor of the month'
▼ + stars: | 2023-10-06 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

Venture capitalist Alan Patricof has a cautionary message about an AI bubble. "Everyone wants to be at an AI company — it's the flavor of the month," Patricof told the New York Post. Patricof recommends investing in companies utilizing AI as a tool, rather than buying AI platforms. AdvertisementAdvertisementAlan Patricof, the venture capitalist known for his investments in Apple and Venmo, has a cautionary message about an AI bubble. "Everyone wants to be at an AI company — it's the flavor of the month," said Patricof during a Thursday interview with the New York Post.

Persons: Alan Patricof, —, Patricof, Mostaque, David Rosenberg, James Penny, Wharton, Jeremy Siegel, Dan Raju, Raju Organizations: New York, Patricof, Service, Apple, Apax Partners, AOL, TAM Asset Management

☆ We thought we avoided recession. Turns out we're not in the clear yet.
▼ + stars: | 2023-10-01 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

The US economy showed signs of a soft landing this summer. In September, the Federal Reserve buoyed those hopes by keeping interest rates unchanged for the first time since the first quarter of 2022. At the start of the rate increase, many borrowers, such as existing homeowners, had low mortgage interest rates locked in. As the economist David Rosenberg says, it typically takes six months for a recession to hit the economy after interest rates increase by this much. AdvertisementAdvertisementAnd while Powell said a soft landing is "possible," he also warned that it could be decided by factors "outside our control."

Persons: —, Taylor, Oppenheimer, Morgan, David Rosenberg, Eric Thayer, Janet Yellen, Jerome Powell, Powell Organizations: Service, National Association of Business Economics, Bank of America, Federal Reserve, JPMorgan, Costco, Bloomberg, Gas Locations: Monterey Park , California

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