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If you want to overcome more challenges, achieve more success, experience more happiness and less stress — it takes mental strength. After spending decades studying mental strength and interviewing and surveying thousands of people for my recent book, "The Mentally Strong Leader," I have good news. If you always do these eight things, you're already mentally stronger than most. — you can look to this list as a mini-playbook that will help you level up your mental strength. The mentally strong have found the right middle ground between overconfident and paralyzed by fear of failure.
Persons: you've, I've, grindfulness
THE COIN, by Yasmin ZaherHalfway through Yasmin Zaher’s debut novel, “The Coin,” the unnamed narrator, a Palestinian schoolteacher in New York City, arrives at the Hermès flagship store on Paris’s Rue Saint-Honoré to buy a Birkin. “Every year, regardless of poverty, war or famine, the price of the Birkin bag increases,” she explains. (He, in turn, left her millions of dollars that she cannot access except by allowance from her patronizing older brother.) Or with her own rootlessness, her parentless exile from a place in which her family had already been exiled for generations? Zaher’s smart, sneering novel of capital and its consequences answers: Everything.
Persons: Yasmin Zaher Halfway, Yasmin Zaher’s, , Birkin, Hermès, grifter, Robin Hood, Muhammad Organizations: Rue Saint Locations: Palestinian, New York City, Palestine
He reasoned that while higher interest rates were a concern, solid earnings growth would keep stocks afloat. Since then, the S&P 500 has rallied 11.1% off its early May lows and extended its year-to-date surge to 16.9%. Since UBS GWM is neutral on US stocks, Lefkowitz recommends that investors keep their expectations in check and look for alternatives. Though not flashy, bonds boast attractive yields and should continue to rally if the Fed cuts rates this fall, according to UBS GWM. "We think investors should position for a lower interest rate environment and buy quality bonds, which have attractive yields and the potential for capital appreciation amid the potential for a deeper easing cycle," Marcelli wrote in the note.
Persons: , it's, David Lefkowitz, who's, Lefkowitz, We'll, that's, Donald Trump, Joe Biden, UBS GWM, seconding, Solita Marcelli, Marcelli, Trump Organizations: Service, UBS Global Wealth Management, UBS GWM's, Business, UBS GWM, Federal, Nvidia, UBS, White Locations: Washington
Then, he added, in a clearly insincere display of sympathy toward Mr. Biden, “it’s a shame the way they’re treating him. After talking about his proposal to remove taxes on tips for hospitality workers, he urged Mr. Rubio to vote for it. Mr. Rubio had so far this year appeared infrequently on the campaign trail with Mr. Trump. Instead, Mr. Rubio used his time to echo Mr. Trump’s mocking of Mr. Biden’s debate performance and his frequent attacks that Mr. Biden was not mentally fit to lead the country. Richard Siu, 57, said he liked the idea of Mr. Rubio as Mr. Trump’s running mate.
Persons: Donald J, Trump, Kamala Harris, Biden’s likeliest, Biden, Biden’s, ” Mr, Mr, , He’s, Harris, Laffin, Kamala ” —, Ms, Joe, Biden “, Trump tauntingly, Trump’s, , “ Joe Biden doesn’t, Donald Trump’s, he’s, ” James Singer, “ Donald Trump, , Harris’s, Hannibal Lecter, Marco Rubio, Rubio, Marco, ” David Kim, Richard Siu, Siu, Simon J, Levien Organizations: Trump, United, Democratic, Mr, Republican National Convention, Advisers, Americans Locations: Florida, Doral, Fla, Miami, U.S, United States, America, Milwaukee, Marco Rubio of Florida, Spanish
Pricing is really weird lately
  + stars: | 2024-07-10 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're looking at why pricing is so weird these days . More recently, Walmart introduced digital price tags, which some people said could be used for variable pricing. The constantly changing costs have consumers feeling a sense of price fatigue, Emily writes. Emily writes that most economists agree that government-mandated price-fixing isn't the way to go about it. So, as Emily writes, you can't fault anyone for feeling a certain sense of doom and gloom about the economy.
Persons: , Alyssa Powell, Emily Stewart, Emily, Michael Raines, Rebecca Zisser, Michael Arone, Steve Granitz, Elon Musk, Tyler Le, Larry Page, Biden, Keir Starmer, Rishi Sunak's, Jerome Powell, Jordan Parker Erb, Lisa Ryan, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Soviet Union, Business, Walmart, JPMorgan, Wall, Group, State, Navy, Spotify, Labour Party, Samsung Locations: Montana, Soviet, America, USA, Diego, Idaho, New York, London
The prospect of "higher for longer" rates has also made short-term fixed income assets especially attractive. "We had a lot of investors who were in, if not cash, then sub-2-year duration fixed income at the start of the year." Takeaways for investors It doesn't hurt for retail investors to review their fixed income allocation now that the year is halfway over. A combination of fixed income assets may be what it takes to benefit from today's higher rates, lock in yields and capture rising prices once the Fed cuts. "We don't buy that there's one fixed income asset class that you should tilt toward," said Calcagni.
Persons: , Don Calcagni, it's, Shannon Saccocia, Neuberger Berman, Michael Rosen, Rosen, Janus Henderson, Vishal Khanduja, Eaton Vance, Khanduja, Callie Cox Organizations: Federal Reserve, FedWatch, Investment Company Institute, Money, Mercer Advisors, Investors, Municipal, Angeles Investment Advisors, AAA CLOs, Janus Henderson AAA CLO, SEC, Morgan Stanley Investment Management, Bond, Ritholtz Wealth Management, Stay Locations: Santa Monica, Calif
Spain thought they had beaten Germany after Dani Olmo’s 51st-minute finish to a fine team move. Having beaten the hosts in dramatic fashion, some will now consider Spain the favourites to win Euro 2024. Spain had never previously beaten a host nation in a knockout tie at either a World Cup or European Championship. What Germany had to remember was that De la Fuente’s Spain are far more versatile in the way they play. His final game in professional football was mixed.
Persons: Dani Olmo’s, Julian Nagelsmann’s, Florian Wirtz, Manuel Neuer, Mikel Merino, Dermot Corrigan, James McNicholas, Mark Carey, Sebastian Stafford, Bloor, They’d, Merino, tonight’s, Maximilian Mittelstadt, Toni Kroos, Carl Recine, Tom, Marc Cucurella, Kroos, Pedri, Lamine Yamal, , Martin Rickett, Yamal Pedri, Luis de la Fuente, Anthony Taylor’s, Taylor, Antonio Rudiger, Robin Le Normand, Germany’s Emre, Rodri, Jamal Musiala, Le Normand, Dani Carvajal, Carvajal, Rudiger, Robert Andrich, Alvaro Morata, Unai Simon, Ilkay, Fabian Ruiz, Simon, Nico Williams —, Aymeric Laporte, Jonathan Tah, , Olmo, Dani Olmo 🇪🇸 h, Bo, ove, Ger, abi l, hal f, sid, bac, dou, tod, tim e, Rea, bui, hal, ed pre, bea Organizations: European, Croatia, Georgia, Olmo, France, Barcelona, UEFA, Manchester City, la, Germany, Sunday, pla, DFB, cri, usu, Spa Locations: Spain, Germany, Stuttgart, tonight’s Portugal, Berlin, Bloor, Real Madrid, Yamal, It’s, Spain’s, goa, abo, Wil
Anyone tuning into the first half after the pulsating Germany vs Spain quarter-final was rapidly brought down to earth as Portugal and France played out a largely underwhelming opening 45 minutes. A penalty shootout was the inevitable conclusion and France scored all five of theirs, while Joao Felix missed for Portugal. This was actually a pivotal moment in the contest; a preciously rare France counter, something Portugal had rallied against all game. every one bar their final group game) Ronaldo played every second. Tim SpiersAnd Kylian Mbappe was quiet too…This was billed as Mbappe versus Ronaldo, but the Frenchman had a quiet game too.
Persons: Mike Maignan, Bruno Fernandes, Vitinha, Nuno Mendes, Joao Felix, Tim Spiers, Liam Tharme, Amy Lawrence, Randal Kolo Muani, alf, ortugal, ake, rance, ince, radley, ong, ike, ross, ota, amos, orth, hird, haring, inger, uros, ike M, ogba, lear Organizations: Portugal, Spain, France, ust Locations: France, Germany, Portugal, Hamburg, ely
And with 12 new Japanese sponsors, Japanese-language stadium tours and new Japanese menu items, the Dodgers are making the most of the Ohtani effect. A mural showing Los Angeles Dodgers player Shohei Ohtani is painted on the side of the Miyako Hotel in Little Tokyo in downtown Los Angeles. “He’s just a phenomenal individual, right?” said Judy Clow, who brought her brother from Japan to a Japanese-language tour at Dodger Stadium. My gosh!”Shohei Ohtani warms up before a preseason game against the Los Angeles Angels at Dodger Stadium on March 24, 2024. Some of the six new Japanese-language tour guides at Dodger Stadium actually worked at Angels Stadium previously, serving the same fans.
Persons: There’s, Takayo Hizume, CNN it’s, Shohei, Robyn Beck, , Hizume, Ohtani, Los Angeles –, Akira Yuhara, ” Yuhara, swindling, “ He’s, , Judy Clow, Harry, Christine Gerriets, ” Gerriets, Kay Ponak, Norma Galeana, CNN Mihana Hayashi, takoyaki, Hayashi, Nanoha, , giveaways, Stan Kasten, ” Kasten, Kasten, Robert Vargas, Vin Scully, ” Vargas, “ Ohtani, Adam Burke, Hiroko Hinata, Natasha Chen, CNN Yuhara, Miyako, Don Tahara, Shania Baweja, Jason Kravarik Organizations: Los Angeles CNN, Dodgers, Ohtani’s, CNN, Angeles Dodgers, Getty, Dodger, Los Angeles Angels, Angels, Daiso, Toyo, Far, Los, Los Angeles Tourism, LA Tourism, Ohtani's Dodgers, Far Bar Locations: Japan, Los Angeles, California, Pacific, Miyako, Little Tokyo, AFP, , South Korea, Southern California, LA, Anaheim, guacamole, Nagoya, Asian, Japanese
The EU's decision comes at a time when Chinese automakers have been aggressively expanding into Europe with competitively priced offerings, posing a threat to the region's top automakers, many of which have lagged behind in EVs. It did not comment on whether it would end up raising prices as a result of the levies. When the EU first announced the tariffs last month, Tesla said it will likely increase the Europe prices of its Model 3 vehicle. The EU has yet to say what specific level of tariffs Tesla will face, but noted last month that the U.S. automaker "may receive an individually calculated duty rate." watch nowChinese and EU officials have held several rounds of meetings to discuss the tariffs, with Beijing in June criticizing the EU's imposition of tariffs as a "protectionist act."
Persons: Nio, Xpeng, Tesla, Yadong Organizations: Union, European Commission, European Union, Automakers, EV, CNBC, EU, U.S ., Commerce Ministry Locations: China, Shanghai, Europe, EVs, Beijing
Employees work on the assembly line of electric vehicles in a digital automotive factory of Jiangling Motors on May 17, 2024. BEIJING — China hopes to reach an agreement with the European Union soon on the bloc's planned tariffs for imported Chinese electric cars, the Ministry of Commerce said Thursday. The European Commission announced in mid-June that if discussions with China did not go well, the bloc would start to impose additional duties on imported Chinese EVs on Thursday, July 4. "Definitive measures" would take effect four months after that date, according to a press release. He reiterated China's opposition to the European Union's anti-subsidy probe and pointed out the two sides still have a four-month window.
Persons: Yadong Organizations: Jiangling Motors, European Union, Ministry of Commerce, European Commission, Commerce Ministry, CNBC Locations: Jiangling, BEIJING, China
In today's big story, a tough sales report for Tesla can't slow the EV maker's turnaround . After a dreadful start to the year, the EV maker has been running on all cylinders on a full charge. Tesla's polarizing CEO also notched a massive victory when investors approved Elon Musk's $55 billion pay plan . But what is new at Tesla, and what sparked the company's recent market rally, are big promises from its CEO. As automakers reconsider their EV strategy , Tesla has figured out how to build cars cheaper than anyone else .
Persons: , I'm, Tesla, Jordan Strauss, Chelsea Jia Feng, Insider's Nora Naughton, BI's Filip De Mott, hasn't, Karol Serewis, Musk's, Nora, it's, he's, Musk, Apu Gomes, Steve Cohen's Point72, Ken Griffin's, Mark O'Hare, Larry Fink, execs, Marc Benioff, trouncing, It's, Jenny Chang, Rodriguez, they've, Morgan Stanley, Beryl, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Business, Chelsea, Wall, Elon Musk's, Getty Images, Getty, Ken Griffin's Citadel, BlackRock, EU, Google, YouTube Locations: Wick, Jamaica, New York, London
While the rest of America is celebrating, I'm reliving the day my brother drowned, the day my family went from eight kids to seven. My brother Dave and I drove up together on July 3. Janet Funk and her oldest brother, Paul. Paul, Dave, and Tom jumped up and followed him. They were halfway there when Robbie went under.
Persons: I'm, Paul, Sue, Tom, Carol, Ellen, Robbie, Dave, Janet Funk, Janet Funk Robbie, Robbie waded, Organizations: Service, Business, Irish Catholic Locations: America, Lake Erie
CNN —Merih Demiral scored twice as Turkey advanced to the quarterfinals of Euro 2024 thanks to a thrilling 2-1 win over Austria on Tuesday. Demiral got his second of the game when the defender powered a header home shortly before the hour mark. Just when it seemed Turkey was on its way to the quarterfinals, Michael Gregoritsch halved the deficit to give Austria hope of rescuing the game. Demiral celebrates after his second goal against Austria. Austria looked set to level the scores when Baumgartner came rushing in at the near post with the goal gaping.
Persons: Merih Demiral, Demiral, Michael Gregoritsch, Christoph Baumgartner’s, Mert Günok, Hendrik Schmidt, Patrick Pentz, Baumgartner, Arda Güler, Marko Arnautović, Günok, Stefan Posch, Turkey counterpunched, Gregoritsch Organizations: CNN, Austria, Leipzig Locations: Turkey, Turkish, Austria, Leipzig, Netherlands, Berlin, Germany, Austrian
Schonfeld, Point72, and Citadel lead the way after 2024's first half. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe most well-known hedge funds in the industry have made money in 2024, but lag the overall market through the first half of the year. Point72 and Citadel, run by billionaires Steve Cohen and Ken Griffin, respectively, are up 8.7% and 8.1%, according to people close to the firms. This story is available exclusively to Business Insider subscribers.
Persons: Michael Gelband's ExodusPoint, , Schonfeld, Steve Cohen, Ken Griffin Organizations: Citadel, Service, Millennium, Business Locations: Point72
The S & P 500 has yielded an average return of 7.9% since 1928, the year Herbert Hoover was elected. LBJ's presidency was also notable because he chose not to seek reelection in 1968, a year with a modest S & P return of 7.7%. A market correction could be more likely now than it seemed two weeks ago, as suggested by the current pricing of S & P options. Options such as SPDR S & P 500 ETF Trust (SPY) August $535 puts are currently priced around $5.50, about 1% of SPY's price, while S & P 500 5350 puts are around $50. SPY YTD mountain SPDR S & P 500 ETF Trust If a correction does occur, investors could monetize, roll, or spread the hedge.
Persons: Herbert Hoover, Hoover, Carter, George H.W, George H.W . Bush, LBJ's, Trump Organizations: Trump, JFK, FDR, Nvidia, Trust, Democratic National Convention, CNBC, NBC UNIVERSAL Locations: George H.W .
Global stocks ended the first half of 2024 up by more than 12%, and investors stand to make good money over the next six months if history repeats itself. Since the late 1980s, though, after a first-half rise of over 12%, stocks rose every single time in the second half of the year. The analysis also reveals that since 1970, the global stock market index had an average 21.25% price return for the whole year when the index was up more than 12% halfway through the year. The U.S.-only S & P 500 index has behaved in a very similar way to the MSCI World Index since 1989. The stock market had risen by more than 25% in the first half of that year.
Persons: Organizations: CNBC Locations: U.S
"The goal is to be able to hold these stocks for a while to benefit from the magic of compounding, which can take a long time." Calling it a "great company," the portfolio manager likes the size and scale of its operations and focus on acquisitions. Deere & Company Another company that Carey likes is Deere & Company , or John Deere. Stryker Another stock Carey is watching is medical technology player Stryker . "Stryker is a company that should capitalize on multi-decade trends, and that's where we want to be positioned," Carey added.
Persons: Christopher Carey, Carey, John Deere, Charles Schwab, Schwab, TD, Stryker Organizations: Nasdaq, Carnegie Investment, CNBC, Cintas, Deere, Company, Deere & Company, Charles, Charles Schwab Financial, Stryker Locations: U.S
Read previewThis as-told-to essay is based on a conversation with Captain Theresa Claiborne, the first Black female pilot in the US Air Force and a captain at United. The hardest period of my lifeIn 1980, the Air Force only had 10 slots for women per graduating class, and they had already been filled for the year. I flew out to Laughlin Air Force base in Texas to start pilot training. Captain Theresa ClaiborneEntering active duty in the Air Force, I did feel the pressure. AdvertisementI tell the young ladies I mentor the same thing I told myself: be so good that they can't say you're not good.
Persons: , Captain Theresa Claiborne, Theresa Claiborne Captain Theresa Claiborne, I've, Theresa Claiborne, Theresa Claiborne I'm Organizations: Service, US Air Force, United, Business, Reserve Office Training Corps, Cessna, Air Force, Laughlin Air Force, Boeing, Companies, Women, Aviation Locations: Berkeley, Texas, Newark, Cape Town, Johannesburg, Tel Aviv, Delhi, Lisbon
President Biden struggled through his first debate of the 2024 campaign against Donald J. Trump, meandering and mumbling through answers as the former president pressed his case for a second term with limited resistance from his rival. Mr. Trump was confident and forceful, even as he let loose a stream of misleading attacks and falsehoods. Mr. Biden spoke with a hoarse and halting voice, closing his eyes occasionally to gather thoughts that sometimes couldn’t be corralled. About halfway through, people close to Mr. Biden put out word that he had a cold. Mr. Trump relentlessly hammered Mr. Biden on areas of vulnerability, sending exaggerations and embellishments — he was the “greatest” and his opponent the “worst” — flying unchecked through the audience-free CNN studio in Atlanta.
Persons: Biden, Donald J, Trump, Mr Organizations: Trump, CNN Locations: Atlanta
About halfway through Thursday night’s presidential debate, the moderators asked former President Donald Trump about Jan. 6. Amid all the focus on President Biden’s unsteady performance, it might have been easy to miss Trump’s answer. Trump seized the moment to turn the debate stage — with the biggest audience he’s enjoyed since his presidency — into the latest theater for his yearslong effort to rewrite the story of Jan. 6, 2021. And he twice ignored questions about whether he would accept the results of the next election before agreeing to do so only under certain conditions. Over the course of several exchanges with Biden and the moderators, CNN’s Jake Tapper and Dana Bash, Trump downplayed the most damaging attack on the Capitol since the War of 1812, falsely blamed the security lapses that day on former Speaker Nancy Pelosi and defended the more than 1,000 people who have been charged with participating in the deadly violence.
Persons: Donald Trump, Trump, he’s, , Biden, Jake Tapper, Dana Bash, Nancy Pelosi Organizations: Jan, Capitol
The S & P 500 and Nasdaq Composite are hovering around all-time highs, having rallied roughly 15% and 18%, respectively. The 30-stock Dow and S & P 500 each posted losses, down by 0.1%, each. In recent days, a number of Wall Street firms have hiked their year-end S & P 500 targets to catch up with this year's surprisingly strong rally. On a median basis, strategists expect the S & P 500 will end the year at 5,500, a CNBC Pro survey shows . June jobs report Markets will be closed Thursday for the Fourth of July holiday.
Persons: chipmaker, Craig Johnson, Piper Sandler, Goldman Sachs, Scott Chronert, CNBC's, Chronert, Piper Sandler's Johnson, Bill Merz, Merz, He's, Jamie Meyers, Laffer Tengler, he's, Meyers, Bank's Merz Organizations: Nasdaq, Dow Jones, Nvidia, Microsoft, Deutsche Bank Research, Equity, Dow, Wall Street, Citi, ISI, CNBC, U.S, Bank Wealth Management, PMI, Manufacturing, ADP, PMI Services, Services PMI, Constellation Locations: U.S
The third quarter starts on Monday with corporate earnings trends largely intact, but showing early signs of trouble in tech land. The good news: for the big-cap tech companies that are truly dominating the market ( Apple , Microsoft , Alphabet , Nvidia , etc.) Still no recession, in the economy or in earnings So far, we have a deceleration in big-cap tech earnings and clear signs the consumer wants lower prices. Earnings trends for tech may still be rising (even if it is decelerating), but the rest of the market is generally flattish on earnings. Earnings: rising Positive Tech earnings: rising but decelerating Negative Job growth: strong but moderating Positive Interest rates: moderating Positive Inflation: moderating Positive Consumer: increasingly cautious Negative
Persons: Jensen, Nick Raich, it's, Raich, Lori Calvasina, We've, I've, you've, Levi Strauss, General Mills, Tim Wentworth, Taco Bell, Mills Organizations: Apple, Microsoft, Nvidia, Big, Meta, Jensen Huang's, Scout, U.S, Equity, RBC Capital Markets, CNBC, Nike, Walgreens, Micron, FedEx, General, . Companies, Southwest Airlines, Pool Corp, Urban Outfitters, Yum Brands
When city leaders in Boston set out last spring to renew their focus on violence prevention, they set a modest goal: reduce homicides by 20 percent in three years. Yet the longer the quiet has persisted, the more pressure the city has felt to sustain it. As summer set in with a blistering heat wave, anxiety rose. Will a seasonal uptick in violence shatter the preternatural calm? “But we are doing so many things, and hopefully it is having an impact.”
Persons: Luck, We’re, ” Michael Cox Organizations: Boston Locations: Boston
I tried every flavor of Culture Pop probiotic soda I could find and ranked them from worst to best. Of all the flavors I tried, the watermelon-and-lime Culture Pop was my favorite. AdvertisementSupermarket shelves across the United States are filling up with prebiotic and probiotic sodas that claim to be good for your gut. Popular brands like Poppi and Olipop say their sodas contain prebiotics designed to help good bacteria grow. Culture Pop, on the other hand, is a probiotic drink that says it contains the live bacteria other brands help to cultivate.
Persons: seltzer, Organizations: Service, Business Locations: United States
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