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☆ Small businesses are filing for bankruptcy at a higher rate than at the peak of the pandemic - and a looming credit crunch could make things worse
▼ + stars: | 2023-04-03 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Before March, the number of small- and mid-sized businesses filing for bankruptcy was already on the rise, meaning the bank turmoil only exacerbates an existing trend. What risks are you watching as far as a credit crunch in the US for the coming months? First Citizens, the company that bought Silicon Valley Bank's assets, is run by a family that's no stranger to buying failed banks. The bank is run by a billionaire North Carolina family that's bought over 20 small failed banks since 2008. With the recent takeover, it's poised to stand among the largest 20 banks in the US.

☆ Morningstar: Buy these 10 cheap stocks that will maintain higher-than-average dividends as a looming economic slowdown makes it even harder to find strong returns
▼ + stars: | 2023-04-01 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +4 min

But dividend-paying stocks provide stable and consistent cash flow, even during downturns. Morningstar analysts shared 10 top undervalued stocks to buy for long-term cash flow. 10 cheap dividend-paying stocks to buyWhen faced with a looming economic downturn, one traditional strategy for investors to use to hedge recessionary risks is to buy dividend-paying stocks. "Price risk remains elevated, as does the risk that companies may not be able to maintain current dividends due to economic strain." Below is the full list of top dividend-paying stocks identified by Shetty and Compton, along with each company's ticker and market capitalization.

☆ San Francisco, New York, and LA top the list of cities Americans are flocking away from, according to a report
▼ + stars: | 2023-04-01 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

San Francisco, New York, and Los Angeles are the top cities Americans want to leave, according to Redfin. New York City, which comes in second place on Redfin's list, is the US' most populous city, with around 8.5 million residents in July 2021, per US Census Bureau estimates. The country's next biggest cities are Los Angeles, with an estimated population of 3.8 million, and Chicago, at 2.7 million, per US Census Bureau data. For people considering leaving New York City, Miami was the most popular city, while for Los Angeles this was Las Vegas. The list of cities Americans are looking to leave is more diverse, with nine states featured.

☆ 'This is not a one-off': The global investment strategist at a $124 billion firm explains how the banking crisis could spread to other sectors and create a recession much sooner than anyone expects
▼ + stars: | 2023-03-31 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +5 min

Nanette Abuhoff Jacobson believes that Wall Street remains too optimistic about the banking crisis. Jacobson says that the crisis could contaminate other sectors and aggravate a looming recession. On the surface, it seems like the most immediate repercussions of the recent banking crisis have been dealt with. But Nanette Abuhoff Jacobson, global investment strategist at Hartford Funds, which has $124.1 billion in assets under management, believes that Wall Street hasn't fully accounted for the potential consequences of the banking crisis. For fixed income, Jacobson believes that the intermediate part of the yield curve offers good opportunities for investors.

☆ Millennials Pay for a Dose of ’90s Nostalgia
▼ + stars: | 2023-03-31 | by ( Madeleine Aggeler | ) www.nytimes.com time to read: +1 min

The top floor of the sprawling complex looked like the pages of a ’90s issue of “Teen Beat” had come to life. Of course, it wasn’t exactly like “Teen Beat.” Mr. Fatone, 46, was talking about his children; Mr. Kirkpatrick, 51, was recovering from shoulder surgery; and Ms. Hart, 46, was filming TikToks. (Also, “Teen Beat” stopped publishing years ago.) The stars of the ’90s had grown up. “People are feeling nostalgic about better times,” said Liliana Kligman, 38, one of the founders of That’s 4 Entertainment, the company behind 90s Con.

☆ Here are Wednesday's biggest analyst calls: Micron, Meta, McDonald's, Tesla, Apple, Amazon & more
▼ + stars: | 2023-03-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs upgrades Hartford to buy from neutral Goldman the insurance company could "surprise to the upside." Goldman Sachs upgrades Marathon Petroleum to buy from neutral Goldman said the petroleum company has a "best-in-class capital returns story." Bernstein reiterates Apple as market perform Bernstein said it's standing by its market perform rating after Apple debuted Apple Pay Later on Tuesday. Guggenheim reiterates McDonald's as buy Guggenheim says it sees "substantial" near-term and long-term upside for McDonald's. Goldman Sachs reiterates Regions Financial and Fifth Third as buy Goldman said in a note Wednesday that several regional banks are key beneficiaries of the larger bank fallout.

☆ The US housing market is crashing and soaring at the same time. It all depends on where you live.
▼ + stars: | 2023-03-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The US housing market is crashing and soaring all at the same time as pockets of the market see divergent trends. According to data from Black Knight, home prices on the West Coast are plunging at the same time home prices on the East Coast are surging. Meanwhile, all 12 of the major housing markets west of Texas saw home prices fall over the same time period. Such a split in the US housing market is unprecedented. To be sure, West Coast home prices had room to fall after experiencing dizzying gains over the past decade.

☆ Fact Check-No evidence Anonymous hacked Tucker Carlson’s Twitter account
▼ + stars: | 2023-03-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

A screenshot of Carlson’s Twitter bio shared on social media says “Non-binary climate change activist of color. One March 15 tweet said: “Last night, Tucker Carlson's Twitter was hacked by Anonymous to show him as a ‘non-binary climate change activist of color’” (here). As of March 20, Carlson’s Twitter bio (@TuckerCarlson) reads: “Emmy-award-winning broadcast journalist, graduate of Harvard College & Yale Law School. A similar bio could be seen on May 12, 2022, according to archived versions of Carlson’s Twitter account (here), (here). There is no evidence that Anonymous hacked Tucker Carlson’s Twitter account or changed his bio, and a Fox News spokesperson denied the allegation.

☆ 106-year-old and 103-year-old sisters share longevity tips: 'Be happy, be healthy, and have love in your life'
▼ + stars: | 2023-03-11 | by ( Ester Bloom | ) www.cnbc.com time to read: +5 min

Shirley Hodes, 106, hasn't seen her little sister, Ruth "Ruthy" Sweedler, 103, in person since 2015. Sweedler agrees: The key to longevity is to "be happy, be healthy, and have love in your life." H/O: Shirley Hodes (R) and Ruth Sweedler (L), 2015 Photo by: Trudy GalynkerFrom afar, Hodes and Sweedler seem as similar as two slices of rye bread. Shirley Hodes age 106Where Hodes lives, residents are always coming and going, and she loves the variety. Sisters Shirley Hodes and Ruth Sweedler, circa 1923"When I was a little girl and got my library card, that was the best thing that happened to me," says Sweedler.

☆ The Equity Talk: One of America's largest insurance providers is making addiction and mental health a top focus for CEOs
▼ + stars: | 2023-03-02 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +9 min

In an Equity Talk, Nasenbenny talks about how mental health and addiction are DEI issues. The data has clearly demonstrated that everyone is affected by the current mental health and addiction crisis. Do you feel the CEOs at companies you provide insurance to actually care about mental health and addiction policies? We see a lot of individuals that come to us with claims who are on opioids or have a mental health condition, oftentimes an untreated mental health condition. If we see trends within one of our customers that suggest they have more addiction issues or mental health issues than other like-minded, similarly situated companies, we will bring that to their attention.

☆ Get income and feel good about it: ESG-focused bond funds saw greater inflows than stock funds last year
▼ + stars: | 2023-03-01 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Socially conscious investors favored bond funds more than stocks for the first time, new Morningstar data shows. Sustainable bond funds amounted to three-fourths of overall net flows within sustainable funds, up from 16% in 2021. That jump helped fixed income funds overtake equity-focused peers in holding the lion's share of net inflows last year. Sustainable bond funds posted a $2.4 billion net annual inflow, compared with a loss of $335 billion seen among non-sustainable taxable- and municipal-bond funds. Still, the top fixed sustainable income funds held up better than the broader stock market last year.

☆ We're married Delta pilots with two young kids. Here's how we've navigated our careers together and our top 10 travel tips for couples.
▼ + stars: | 2023-02-16 | by ( Hannah Towey | ) www.businessinsider.com time to read: +10 min

Delta pilots Brent and Kelly Knoblauch first met as interns in 2010. Kelly: Brent and I first met in 2010, when I was still in college at the University of North Dakota. And then I think almost a year to the day, Kelly was also hired as a pilot back at Delta. Being able to see what you're seeing, what you're hearing, what you're suspecting, and just being open about that. Kelly: It actually went really well.

☆ Bank of America reveals the most undervalued stocks on Wall Street, including this motorcycle giant
▼ + stars: | 2023-02-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

CNBC Pro combed through top Bank of America research to find the most undervalued stocks on Wall Street. The firm says its base case is that the already "undervalued" stock can re-rate from current levels. In addition, Harley's management team is executing well with electric vehicle motorcycles on the horizon and burgeoning international growth opportunities. The says it sees "asymmetrical upside potential" meaning that when peers in the sector go up, KKR shares could go even higher. Remain Buy for undervalued growth and pipeline with two launches worth 5bn euros peak in 23E.

☆ Confessions of 20-somethings who live at home and splash out on cars, designer handbags, and nightclubs instead
▼ + stars: | 2023-02-04 | by ( Dan Latu | Kelsey Neubauer | ) www.businessinsider.com time to read: +9 min

They're also spending the money they would have spent on rent on pricey goods and travel. Courtesy of Julia MachajProfession: EngineerIf she weren't living with her parents she'd live in: Stamford, Connecticut, where the rent starts at $1,875, according to Rent.com. Courtesy of Jonathan BranchProfession: AccountantIf he wasn't living with his parents he'd live in: Arlington, Virginia, where rent starts at $1,999, according to Rent.com. He's spent money on: $700 Sony camera and $800 lensesJonathan Branch recently turned 30, but spent his twenties living at home in Fairfax, Virginia. Courtesy of Gabby BeckfordProfession: Travel influencerIf she weren't living with her parents she'd live in: Seattle, Washington, where rent starts at $1,560, according to Rent.com.

☆ Bed Bath & Beyond just missed another debt payment. See the full list of stores it will close, including Harmon and Buybuy Baby locations.
▼ + stars: | 2023-02-02 | by ( Avery Hartmans | Dominick Reuter | ) www.businessinsider.com time to read: +20 min

In addition to 87 more Bed Bath & Beyond stores, the company now says it will close all of its remaining Harmon health and beauty stores, and five Buybuy Baby stores. San Leandro: 15555 East 14th St., Suite 24015555 East 14th St., Suite 240 Burbank: 201 East Magnolia Blvd. Marina: 117 General Stilwell Drive117 General Stilwell Drive Vallejo: 105 Plaza Drive, Suite 107105 Plaza Drive, Suite 107 * Palm Desert: 72459 Highway 11172459 Highway 111 * Visalia: 3125 South Mooney Blvd. Arterial * Coralville: 2515 Corridor Way Suite 5Kansas:Lawrence: 3106 S. Iowa St., Suite 2153106 S. Iowa St., Suite 215 Manhattan: 425 3rd Place425 3rd Place * Olathe: 15335 W. 119th St.Kentucky:Elizabethtown: 1998 N. Dixie Ave.1998 N. Dixie Ave. New Hartford: 4805 Commercial Drive4805 Commercial Drive Kingston: 1187 Ulster Ave.1187 Ulster Ave. Plattsburgh: 73 Centre Drive, Suite 10073 Centre Drive, Suite 100 Farmingdale: 251 Airport Plaza Blvd.

☆ Jobs report to give clues about where economy is headed
▼ + stars: | 2023-01-29 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

Investors will get another clue when the January jobs report is released on Friday. Economists predict that 185,000 jobs were added last month, a slowdown from the gain of 223,000 jobs in December and 263,000 in November. A further deceleration in the labor market would likely please the Fed, as it would show that last year’s rate hikes are successfully taking some air out of the economy. Along those lines, average hourly earnings, a measure of wages that is also part of the monthly jobs report, are expected to increase 4.3% year-over year. So far, tech earnings season is not off to an inspiring start, with Microsoft (MSFT), Intel (INTC) and IBM (IBM) all reporting weak results.

Following the brutal beating on Jan. 7, Nichols was hospitalized in critical condition and died three days later. This is what we know about the five Memphis police officers at the center of this latest storm:Demetrius Haley, 30Officer Demetrius Haley. Memphis Police Department via APBefore Haley joined the Memphis Police Department in August 2020, he worked as a corrections officer for the Shelby County Corrections Department. Memphis Police Department via APBean's family was thrilled when he was hired in August 2020 by the Memphis Police Department. Memphis Police Department via APSmith was hired by the Memphis Police Department in March 2018.

☆ Stocks may face an inflection point in the week ahead as the Fed meets and Apple posts earnings
▼ + stars: | 2023-01-27 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The Fed's meeting Tuesday and Wednesday comes amid a flood of corporate earnings reports, with about 20% of the S & P 500 reporting that week. The most important day for earnings is Thursday, when Apple , Alphabet and Amazon report after the bell. The Nasdaq Composite was up 11% for the month as of Friday afternoon, well ahead of the 6.2% gain in the S & P 500. Traders have been watching the S & P 500 edge closer to the key threshold of 4,100 , its high from December. AAPL 1Y line apple Apple is also important because of the signals it can send about the strength of the consumer, supply chains and China's reopening.

☆ Buying a home is now more affordable than renting in these five cities
▼ + stars: | 2023-01-26 | by ( Anna Bahney | ) edition.cnn.com time to read: +4 min

Renting costs nearly $800 less per month than buying, on average. But there are five cities where, despite stubbornly high prices, rising mortgage rates and some of the least affordable home buying conditions in decades, it is still cheaper to buy than to rent. Monthly buying costs assume a 7% down payment with a mortgage rate of 6.36%, and include taxes, insurance and homeowners association fees. Where renting is betterAustin, Texas, offered the biggest discount for renting compared to buying, with renting 121% or $2,013 cheaper per month. Even in Florida cities like Miami, Tampa and Orlando, which have seen some of the highest rent growth and rent costs in the past year, renting is still more affordable than buying a starter home.

☆ You Call That Snow?! See How This Winter Stacks Up.
▼ + stars: | 2023-01-26 | by ( Francesca Paris | ) www.nytimes.com time to read: +7 min

If so, you’re not alone: It has been a dreary winter for children hoping for snow days and grown-up snow enthusiasts alike on the East Coast. More than 50 years of snowfall in … Interactive line chart showing cumulative snowfall for each winter season over 50 years, as well as the median snowfall for all seasons. Line chart showing Philadelphia’s cumulative snowfall for each winter season over 50 years. Loading dataLine chart showing Boston’s cumulative snowfall for each winter season over 50 years. Milwaukee Pittsburgh Providence, R.I. Pueblo, Colo. Richmond, Va. Rockford, Ill. St. Louis Topeka, Kan. About normal snow Anchorage Boise, Idaho Colorado Springs Columbia, Mo.

☆ Twitter's landlord sues after Elon Musk stops paying millions in rent at SF headquarters
▼ + stars: | 2023-01-24 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Twitter's landlord in SF accused the company of skipping out on rent since December. It's the latest landlord scuffle for Twitter, which was sued in the UK by King Charles III's firm. Twitter's headquarters at 1355 Market Street, where its landlord is suing over unpaid rent. Earlier this month, the landlord of Twitter's Hartford Building at 650 California Street, sued the social media company over some $136,260 in unpaid rent. In the UK, a real estate firm for King Charles III is also pursuing claims against Twitter there for unpaid rent.

☆ Homebuyers who are hoping for lower prices in 2023 are in for a 'rude awakening' when house hunting
▼ + stars: | 2023-01-24 | by ( Robert Davis | ) www.businessinsider.com time to read: +4 min

Some respondents said a souring economic climate could keep them from buying in 2023. One homebuyer told Insider that she is considering moving to a new state to afford a home. "I got sick of wasting money on rent and wanted to see what I could qualify for, but it has not been promising," Jenner told Insider. To Elizabeth Renter, a spokesperson for NerdWallet, these survey results show that many homebuyers may be in for a "rude awakening" in 2023. However, Renter said many homebuyers are still facing an uphill battle when it comes to buying a home.

☆ A booming market for gear to help seniors grow older at home is creating an opportunity for investors
▼ + stars: | 2023-01-21 | by ( Michelle Fox | ) www.cnbc.com time to read: +13 min

Alphabet, Amazon and Best Buy are among the fund's plays on the aging in place theme. Best Buy breaks into the space It's Best Buy that has really been doubling down on its efforts to break into the space. Best Buy sees the role of technology within health care becoming much more important. Medicare Advantage's health care at home coverage includes primary care, transitional care when someone is released from a hospital and often hospice care, she said. That should lead to higher earnings power, said Baker, who has a buy rating and $237 price target on Lowe's stock.

☆ 10 cities where home buyers actually have a chance of scoring an affordable home in 2023
▼ + stars: | 2023-01-15 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

Realtor.com has ranked the top places where homebuyers can still get a good deal in 2023. That wouldn't be surprising considering that US housing affordability fell to a 10-year low, the National Association of Home Builders announced in November. At a time where the typical home is priced near $400,000, a good indicator of a housing market's health is the balance between home sales and price growth. However, just because a city may be relatively affordable compared to others doesn't mean that it's the perfect fit for everyone. When buying a home it's also important to consider the cost of living, as well as access to jobs, schools, healthcare and food.

☆ Package theft is now a felony in 8 states and counting as lawmakers crack down on 'porch piracy'
▼ + stars: | 2023-01-14 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +8 min

Package theft is a staple of the e-commerce age, and is more common in some states than others. And even if they had logged the theft with police, the crime of package theft is filed and charged differently depending on the location. Oklahoma — Package theft can be charged as a felony if the perpetrator is convicted of three instances within 60 days. There isn't much of a correlation between the states cracking down on package theft and the places that experience it. Only one of the top 10 metro areas experiencing the most package theft is in a state where porch piracy is a felony.

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