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☆ Consumer will keep spending, they just won't buy as much, says Glenmede's Pride
▼ + stars: | 2022-11-25 | 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 EmailConsumer will keep spending, they just won't buy as much, says Glenmede's PrideJason Pride, Glenmede CIO for private wealth, joins 'Squawk on the Street' to discuss Pride's outlook for the consumer this holiday season, whether there's more pain ahead for the equity markets and more.

☆ Uber's polarizing surge pricing is coming for your food deliveries
▼ + stars: | 2022-11-24 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

The food-tech startup Sauce allows restaurants to use dynamic pricing to raise delivery prices. Piada, a fast-casual restaurant chain, is testing dynamic pricing using the tech startup Sauce. Novak, whose VC firm Rackhouse invested in Sauce last year, said price-lowering features are often overlooked when discussing dynamic pricing. Sherri Kimes, a professor emeritus at Cornell's Hotel School, echoed Novak, saying dynamic pricing can give consumers "some control" over how they spend their money. For restaurants, dynamic pricing is still worth a shot.

☆ NFL roundup: Joe Burrow helps Bengals get revenge vs. Steelers
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +10 min

Both of Herbert's touchdown passes were caught by Joshua Palmer, who finished with eight catches for 106 yards. Quarterback Marcus Mariota paced Atlanta's offense with 131 passing yards, a passing touchdown and a rushing touchdown. Hurts finished with 190 passing yards and 86 passing yards. Saints 27, Rams 20Andy Dalton threw three touchdown passes as host New Orleans defeated Los Angeles, which lost Matthew Stafford to a possible concussion. Kirk Cousins was ineffective in the passing game, totaling 105 yards through the air while completing 12 of 23 passes.

☆ NBA is sued by fired referees who refused COVID vaccines
▼ + stars: | 2022-11-14 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

NEW YORK, Nov 14 (Reuters) - The National Basketball Association has been sued by three longtime referees who say the league fired them this year after they refused to be vaccinated against COVID-19 over religious objections. The NBA and the former referees' lawyer did not immediately respond to requests for comment. Mauer and Ayotte said they were NBA referees for 35 years and 17 years, respectively, before being suspended, while Phillips was a referee for 19 years before becoming vice president of referee operations and a replay center principal. The lawsuit accuses the NBA of violating federal civil rights law and New York state and city human rights laws. The complaint is Ayotte v National Basketball Association et al, U.S. District Court, Southern District of New York, No.

☆ Mom of 5 died after ketamine injection by a paramedic, family alleges in wrongful death suit
▼ + stars: | 2022-11-04 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +5 min

DENVER — The family of a woman who died four years ago shortly after a paramedic injected her with the powerful sedative ketamine have filed a wrongful death lawsuit against the health care worker and the ambulance company. LaCour's family alleges in the lawsuit that Jason Poulson, a paramedic for American Medical Response Ambulance Service, administered 400 milligrams of ketamine to LaCour despite objections from a firefighter who was also an emergency medical technician. Shortly afterward, LaCour stopped breathing, according to the lawsuit filed on behalf of her and her husband's five preteen children. LaCour died from acute alcohol and ketamine intoxication, the El Paso County Coroner's Office said in its report. Poulson and American Medical Response Ambulance Service Inc. are named as defendants in the wrongful death lawsuit.

☆ Wall St climbs as jobs data supports smaller rate hike prospects
▼ + stars: | 2022-11-04 | by ( Amruta Khandekar | ) www.reuters.com time to read: +4 min

"Powell should also be pleased that the unemployment rate went up from 3.6% to 3.7%. Traders' bets of a 75 basis point rate hike in December briefly rose to 64.5% after the release of the data but swiftly slipped back to around 60%. Meanwhile, CBOE's volatility index VIX, known as Wall Street's fear gauge, hit its lowest level since Sept. 9. Advancing issues outnumbered decliners by a 3.43-to-1 ratio on the NYSE and by a 1.51-to-1 ratio on the Nasdaq. The S&P index recorded 14 new 52-week highs and 15 new lows, while the Nasdaq recorded 40 new highs and 98 new lows.

☆ Instant View: Strong Oct US payrolls do not give Fed much scope to relax
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +6 min

ROSS MAYFIELD, INVESTMENT STRATEGY ANALYST, BAIRD, LOUISVILLE, KENTUCKY"It's just another data point that proves the labor market is too strong to accommodate what the Fed wants. They're looking for a situation where you don't just have unemployment rate coming up a little bit. You may have it coming up a little bit more." "They may also be looking for lighter jobless claims and a little bit less in the way of average hourly earnings growth. This tightness in the labor market is probably reaching its peak.

☆ Casey DeSantis, Florida's 'co-governor': Rivals, friends, and former colleagues say she's the secret behind husband Ron DeSantis' meteoric rise
▼ + stars: | 2022-11-04 | by ( Lyz Lenz | Kimberly Leonard | ) www.businessinsider.com time to read: +29 min

Florida's first lady, Casey DeSantis, is a close confidant to her powerful husband, several people told Insider. He added, "We would not see Ron DeSantis outside of press conferences if he did not have a wife and kids." Ron DeSantis began clawing his way into the national spotlight in 2017 as a member of the US House of Representatives. She smiled wryly and said: "Everyone knows my husband, Ron DeSantis, is endorsed by President Trump, but he's also an amazing dad. "Ron DeSantis would be a very good candidate for the St. Johns county commission if he did not have Casey DeSantis in his life," Schorsch said.

☆ Fitch: The chip sector is in an inevitable inventory correction
▼ + stars: | 2022-11-01 | 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 EmailFitch: The chip sector is in an inevitable inventory correctionJason Pompeii of Fitch Ratings discusses whether the semiconductor sector can break out of the struggles it's endured this year, and the impact of U.S. export curbs on China.

☆ NHL roundup: Ducks win in OT to end 7-game slide
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +4 min

[1/5] Oct 30, 2022; Anaheim, California, USA; Anaheim Ducks center Trevor Zegras (11) passes during the 2nd period against the Toronto Maple Leafs at Honda Center. Zegras finished a rush with a shot from the left circle for his sixth goal of the season, ending Anaheim's seven-game losing streak. Yegor Chinakhov scored in the second period for the Blue Jackets, who have lost three straight and four of five. Golden Knights 2, Jets 1 (OT)Jack Eichel scored with seven seconds remaining in overtime as Vegas edged Winnipeg in Las Vegas. Lawson Crouse and Nick Bjugstad scored for Arizona, which dropped its second straight at Arizona State University's 5,000-seat Mullett Arena.

☆ Ye mural in Chicago, where he grew up, covered after antisemitic comments
▼ + stars: | 2022-10-28 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +2 min

A Chicago mural celebrating Ye, formerly known as Kanye West, and his roots in the city has been painted over as the artist continues to face backlash over his recent antisemitic comments. Video shared on social media appeared to show the West Loop mural being painted over with black paint. "Very crazy I’m witnessing this right now.. they’re painting over the Kanye mural in Chicago," the Twitter user who posted the video wrote. Later footage captured by NBC Chicago showed the final product, with Ye's image transformed into a silhouette. In addition to the Chicago mural being covered, the Wieners Circle, a local eatery famed for its mean customer service, made clear Ye was not welcome at the establishment.

☆ S.C. governor says marriage should be 'between a man and a woman' at debate
▼ + stars: | 2022-10-27 | by ( Matt Lavietes | Matt Lavietes Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +2 min

South Carolina Governor Henry McMaster said Wednesday that he would back his state's defunct law banning same-sex marriage if the Supreme Court were to overturn its 2015 landmark gay marriage ruling. "Maybe I'm old fashioned, but I think marriage ought to be between a man and a woman — just like I think that boys ought to play in boy sports and girls ought to play in girl sports," McMaster, 75, said. Cunningham appeared shocked, replying: "It's 2022 and Governor McMaster wants to ban same-sex marriage — you just heard that tonight, folks. If the landmark decision were reversed, it would once again fall to the states to decide on the legality of same-sex marriage. Lawmakers in Congress have introduced a measure that would federally permit same-sex marriage, the Respect for Marriage Act.

This fall, Ross made history as the first trans woman to ever play a leading role on Broadway. He added that Ross’ debut in the long-running American musical “opens the door to full acceptance” for the transgender community. “Black theater artists are asking for white American theater to see us and consider us in producing work,” Jackson said. The Black Theatre Coalition said it aimed “to remove the ‘ILLUSION OF INCLUSION’ in the American Theatre,” by combating racism and providing more work opportunities for Black artists, according to the group’s mission statement. “I hope there’s an Angelica Ross backstage, whether that’s in stage management, whether that’s in front of the house,” he said.

☆ VIEW Rishi Sunak to become Britain's new PM, UK markets rally
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +8 min

LONDON, Oct 24 (Reuters) - Former British finance minister Rishi Sunak will be Britain's next prime minister after his rivals quit the race, which analysts said had relieved some of the nervousness around the outlook for the UK economy, boosting domestic markets. The new Prime Minister needs to confirm their leadership team as soon as possible and provide clarity on their strategy for stabilising the economy and their policy priorities. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK:"Coming to a very rapid decision on who the prime minister is going be certainly breathes a sigh of relief into the markets. RUTH GREGORY, SENIOR UK ECONOMIST, CAPITAL ECONOMICS, LONDON:"The fall in gilt yields on the news today that Rishi Sunak will become the UK’s next Prime Minister has reduced the chances of a significant fiscal consolidation. With the pound, just because we have a new Prime Minister in place, all of the issues don't just go away and we still have remarkable strength being enjoyed by the dollar."

☆ Premarket stocks: The strong dollar has an unexpected victim
▼ + stars: | 2022-10-18 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

New York CNN Business —The strong dollar has been a headwind for blue chip US companies in the Dow and S&P 500 this year. And the Russell 2000, another index of mostly smaller companies, is down 25%, too. Also, the dollar is so strong — the US Dollar Index, which tracks the greenback against the euro, pound, yen and several other currencies has soared 18% this year — it’s making foreign imports cheaper. But real estate stocks have been slammed by worries about a housing and office real estate slowdown. And multinational companies and foreign stocks will fare more poorly than smaller companies with little to no international exposure.

☆ Wall Street surges as market seeks bottoming signs
▼ + stars: | 2022-10-17 | by ( Reuters Staff | ) www.reuters.com time to read: +6 min

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. That seems to be the daily MO for the market.”PHIL BLANCATO CEO OF CEO OF LADENBURG THALMANN ASSET MANAGEMENT“This is the turnaround week every single year. If you look for the single best turnaround week for the year, it’s always the second week of October. The fourth quarter is on average the best quarter every single year and on average the turnaround week happens the second week of October. You’re seeing earnings hold on so far.

☆ Utah GOP Sen. Mike Lee urges Mitt Romney to back his reelection campaign against Evan McMullin: 'Please get on board'
▼ + stars: | 2022-10-12 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

GOP Sen. Mike Lee on Tuesday urged fellow Utahn Mitt Romney to back his reelection campaign. During a Fox News interview, Lee said that Romney's support could help the GOP win back the Senate. Romney previously said he wouldn't endorse — as he is friends with Lee and challenger Evan McMullin. Evan McMullin is running as an independent candidate in the 2022 Utah Senate race. Among likely voters, the race remained largely unchanged, with Lee leading McMullin 42% to 37% — and 12% of respondents stating that they were undecided.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2022. Technology (.SPLRCT), communication services (.SPLRCL) and consumer discretionary (.SPLRCD) sectors led the rise with gains of about 1% each. Concerns about corporate profits coming under pressure from soaring prices, an economic downturn and higher interest rates have roiled Wall Street in the past two weeks. Analysts have cut their S&P 500 earnings estimates for the third and fourth quarters, and for all of 2022. For the third quarter, S&P 500 earnings are seen rising just 4.6% year-over-year, compared with the 11.1% growth expected at the start of July.

The benchmark S&P 500 index (.SPX) has since relinquished the last of its gains made in a summer rally. ET, Dow e-minis were up 333 points, or 1.13%, S&P 500 e-minis were up 52.25 points, or 1.42%, and Nasdaq 100 e-minis were up 189.25 points, or 1.67%. Concerns about corporate profits coming under pressure from soaring prices, an economic downturn and higher interest rates have roiled Wall Street in the past two weeks. Analysts have cut their S&P 500 earnings estimates for the third and fourth quarters, and for all of 2022. For the third quarter, overall S&P 500 earnings are seen rising just 4.6% year-over-year, compared with the 11.1% growth expected at the start of July.

☆ GOP Sen. Mike Lee holds a narrow edge over independent Evan McMullin in the Utah Senate race: poll
▼ + stars: | 2022-09-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Mike Lee leads Evan McMullin 36%-34% in a new Deseret News/Hinckley Institute of Politics poll. The Utah Senate race is shaping up to be one of the most competitive statewide contests in years. "Mike Lee needs some of the moderates and Evan McMullin needs all the moderates and liberals he can convince, but those groups are in a quandary." And while Republican candidates generally enjoy a healthy financial advantage in Utah, McMullin has been able to remain competitive with the incumbent. In the last Deseret News/Hinckley poll — which was conducted in July — Lee held a 41%-36% lead over McMullin.

☆ Ron DeSantis violated state spending law when he spent Florida dollars to fly Venezuelan migrants to Martha's Vineyard, a new lawsuit says
▼ + stars: | 2022-09-23 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

The lawsuit accuses DeSantis of improperly using state funds by picking up migrants in Texas. Last year, the federal government sent 80 flights carrying migrants into Florida, according to Politico. The latest lawsuit, spanning 15 pages, was filed in state court in Leon County, where the state capital of Tallahassee is located. Pizzo filed the lawsuit in his personal capacity as a Florida resident. Pizzo filed his lawsuit against DeSantis, Chief Financial Officer Jimmy Patronis, and Department of Transportation Secretary Jared Perdue.

☆ Florida migrant-moving company gave GOP cash, has ties to DeSantis' immigration 'czar' and Rep. Matt Gaetz
▼ + stars: | 2022-09-22 | by ( Marc Caputo | Marc Caputo Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +8 min

Vertol is based in the Florida Panhandle city of Destin, in Gaetz’s congressional district, and near Keefe’s home city as well. State and federal campaign finance data show Vertol contributed $2,500 to the North Florida Neighbors super PAC backing Gaetz’s first congressional bid in 2016. After DeSantis was elected, Vertol in 2019 contributed another $10,000 to the Republican Party of Florida, which is ultimately controlled by the governor. And Vertol contributed another $1,000 in June to state Rep. Jay Trumbull Jr.’s state Senate campaign. His father, Jay Trumbull Sr. had been appointed by DeSantis to the Florida Transportation Commission, which oversees the Florida Department of Transportation, the agency in charge of the Vertol contract.

☆ Florida Lawmaker Sues to Stop DeSantis From Using State Funds to Fly Migrants From Texas
▼ + stars: | 2022-09-22 | by ( Alicia A. Caldwell | Jon Kamp | ) www.wsj.com time to read: 1 min

Florida Gov. Ron DeSantis has defended flying the migrants to Martha’s Vineyard, saying that Massachusetts and its so-called sanctuary cities were better equipped to care for them. A Florida legislator has filed a lawsuit against Gov. Ron DeSantis and other state officials, challenging the legality of the state’s use of public funds to fly nearly 50 migrants from Texas to Martha’s Vineyard last week. The legislation also required the state to receive at least two bids to carry out the effort.

Explozia a rănit cel puțin trei persoane, a incendiat alte câteva vehicule și a distrus o serie de clădiri. Oficialii cred că explozia a fost „intenționată”. Cu toate acestea, momentul Crăciunului, ora deflagrației, dimineața devreme și avertismentele difuzate înainte de explozie indică faptul că nu a fost o încercare de crimă în masă. Anchetatorii au găsit posibile rămășițe umane în apropierea locului exploziei, a declarat șeful departamentului de poliție al Metro Nashville, John Drake. Explozia a lovit cel puțin 41 de magazine de pe Second Avenue din Nashville, o stradă plină de clădiri istorice.

Persons: Jason, Crăciun, John Drake, ., John Cooper Organizations: FBI, CNN, Mediafax, Google, Metro Locations: Nashville, Antiohia, Metro Nashville

☆ 55 Of The Most Serious Tennis Players In Finance
▼ + stars: | 2014-08-31 | by ( Julia La Roche | ) www.businessinsider.com time to read: +1 min

Getty ImagesThe competitive nature of playing a sport has helped a lot of folks succeed on Wall Street. Wall Street is littered with top tennis players. That's because many of the tennis players on Wall Street know each other very well and feel comfortable doing business together. What's more, a bunch of the younger players met their employers on the court, and certain firms just love tennis players in general. In short, the tennis court is great place for networking in general.

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