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☆ With Covid-19 cases on the rise, should students take extra precautions?
▼ + stars: | 2023-09-12 | by ( Katia Hetter | ) edition.cnn.com time to read: +7 min

However, Covid-19 cases are on the rise, along with key metrics like hospital admissions. When should parents and caregivers get their children the flu vaccine and the new Covid-19 vaccine? Should parents get their children the flu vaccine and the new Covid-19 vaccine? Everyone 6 months of age and older should get the flu vaccine every year, with very rare exceptions. The new Covid-19 vaccine is important for people vulnerable to severe illness.

Persons: Leana Wen, Wen, Theodore Parisienne, It’s, hospitalizations, who’s, I’ve, — Organizations: CNN, CNN Wellness, George Washington University Milken Institute School of Public Health, Daily, Getty Locations: Covid, Brooklyn

Jenny Johnson, President and CEO of Franklin Resources, Inc., speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. REUTERS/Mike Blake/File Photo Acquire Licensing RightsSINGAPORE, Sept 11 (Reuters) - The idea that investment opportunities in China have met their demise is probably overhyped, said Jenny Johnson, president and chief executive officer at global investment management firm Franklin Templeton. "There is a lot of pessimism built into the pricing," she said at a session at the Forbes Global CEO Conference in Singapore. Johnson's comments came as global investors have reduced their appetite for China, discouraged by the country's faltering economic recovery and tensions with the West. Meanwhile, Johnson also sees opportunities in secondary private equities and private credit globally.

Persons: Jenny Johnson, Mike Blake, Franklin Templeton, Johnson, Franklin, Legg Mason, Johnson's, Gina Raimondo, Yantoultra Ngui, Gerry Doyle Organizations: Franklin Resources, Inc, Milken, Global Conference, REUTERS, Rights, Forbes Global, Conference, West, . Commerce, Thomson Locations: Beverly Hills , California, U.S, Rights SINGAPORE, China, Singapore, West .

Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. In a post on X, formerly known as Twitter, Petersen wrote that the company "can't just give out cash." In reclaiming the top position at Flexport, Petersen is displacing his handpicked successor, former Amazon executive Dave Clark, a little more than a year into his tenure. It's messed up," Petersen wrote. "We were on it," Petersen wrote in response to a post.

Persons: Ryan Petersen, Petersen, Dave Clark, It's, that's, Andreessen Horowitz, Peter Thiel's, Clark, Teresa Carlson, Clark's, Carlson, Flexport didn't Organizations: Milken Institute Global Conference, Twitter, Amazon, Fund, Microsoft, Flexport Locations: Beverly Hills , California, U.S, Flexport, Bay, CNBC's, Seattle, Dallas, San Francisco , Los Angeles, New York

☆ Cathie Wood's ARK Invest files for first US spot-ether ETF
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

Cathie Wood, Founder, CEO, and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022. REUTERS/David Swanson Acquire Licensing RightsSept 6 (Reuters) - Cathie Wood's Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund (ETF) that would directly hold ether, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday. The case has been closely watched by the cryptocurrency and asset management industries, which have been trying for years to convince the SEC to approve a spot bitcoin ETF. Cboe Global Markets earlier this year filed a proposal with the U.S. SEC to list and trade shares of a spot bitcoin ETF by Ark Invest and 21Shares on the Cboe BZX exchange. The regulator has in recent years rejected dozens of applications for spot bitcoin ETFs, citing inadequate levels of trading surveillance that could leave the underlying spot market subject to fraud and manipulation.

Persons: Cathie Wood, David Swanson, 21Shares, Jaiveer Singh, Devika Organizations: ARK Invest, Milken, Global Conference, REUTERS, U.S . Securities, Exchange Commission, SEC, U.S, U.S . District of Columbia, Cboe, Ark Invest, Thomson Locations: Beverly Hills , California, U.S, U.S ., Bengaluru

☆ Hollywood walkouts have wiped $5 billion from California's economy, exceeding analysts' estimates
▼ + stars: | 2023-09-05 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Hollywood writers and actors have been on strike for over four months. The impact on California's economy has been enormous – reaching almost $5 billion. Caterers, dry cleaners, drivers, and other small enterprises are among those most affected, says one researcher. Todd Holmes, an entertainment industry professor at Cal State Northridge, had predicted a $3 billion blow to California's economy in the first 100 days of the strike. AdvertisementAdvertisementAs a result, Hollywood studios have begun delaying new releases, as strike rules prohibit actors from promoting their films.

Persons: AFTRA, Kevin Klowden, –, Klowden, Todd Holmes Organizations: Service, Writers Guild of America, SAG, Milken Institute, Financial Times, Yahoo Finance, Cal State Northridge, Hollywood Locations: Wall, Silicon, Los Angeles

☆ Covid-19 cases are on the rise. What should you do if a family member contracts it?
▼ + stars: | 2023-09-05 | by ( Katia Hetter | ) edition.cnn.com time to read: +8 min

What should people exposed to someone with Covid-19 do — must they also stay away from others and how often should they be tested? Individuals who had at least moderate illness and experienced more severe symptoms such as shortness of breath need to isolate through day 10. Brendan Smialowski/AFP/Getty ImagesThe ideal scenario for isolation is for the person with Covid-19 to completely separate from other family members during the initial five days. To me, the most important precaution is for those exposed to Covid-19 to stay away from people vulnerable to severe illness. The quarantine period after exposure is not the time to visit a family member in a nursing home, for example.

Persons: Jill Biden, Joe Biden, Jill Biden’s, Leana Wen, Wen, Let’s, Jill, Brendan Smialowski, handwashing Organizations: CNN, White, George Washington University Milken Institute School of Public Health, US Centers for Disease Control, Prevention, CDC, Fort Liberty, Getty Locations: Fort, Fort Liberty , North Carolina, AFP

☆ July PCE prices will likely show a downward but bumpy trajectory in inflation, says Bill Lee
▼ + stars: | 2023-08-31 | 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 EmailJuly PCE prices will likely show a downward but bumpy trajectory in inflation, says Bill LeeWilliam Lee, Chief Economist at the Milken Institute, discusses his expectations for July PCE prices and its impact on the Fed's rate hiking campaign.

Persons: Bill Lee William Lee Organizations: Milken Institute

☆ Saving $100 a week from age 25 could give you over $1 million when you retire
▼ + stars: | 2023-08-30 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

The key to a comfortable retirement may be saving $100 a week starting at 25. The chart below shows how much you can save up by putting away $400 a month starting on your 25th birthday, assuming that historically reasonable 7% annual return. Putting this into perspective, if people saved just $100 a month starting at 25, they'd save over $250,000 by 65 because of compounding interest. This jumps to over $550,000 when saving $50 a week starting at 25, which highlights Milken's suggestion to focus on "holistic life planning." About 25% of Americans lack retirement savings, while half have no access to employer-sponsored retirement plans, The Motley Fool reported based on data from the Federal Reserve.

Persons: they'd Organizations: Service, Milken Institute, Transamerica Center, Retirement Studies, Federal Reserve, of Labor Statistics, Fidelity Locations: Wall, Silicon

☆ China's economy is struggling, but it might not be all that bad for the US
▼ + stars: | 2023-08-28 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

US imports from China are down this year, and direct investment in China is a sliver of the US GDP. However, William Lee, the Milken Institute's chief economist, told Insider China's economic stumble might not be all bad for the US. Meanwhile, Chinese imports of US goods, which may continue to slow, amounted to less than 1% of the US GDP, suggesting a reduction in Chinese imports wouldn't drastically harm the US economy. In addition, China's slowing economy has already chipped away at some American companies' revenues, including DuPont's and Danaher's. AdvertisementAdvertisementThough China's economy has been plagued by a number of crises, including low consumer confidence, many Americans may not have to worry about the downturn hurting their wallets.

Persons: Joe Biden, Janet Yellen, William Lee, Milken, Lee, Paul Krugman, —, Luis Torres, it's Organizations: Service, Milken Institute's, US, New York Times, Commerce Department, Federal Reserve, Bank of England, European Central Bank, Federal Reserve Bank of Dallas Locations: China, Wall, Silicon, United States, Ukraine, Russia, Europe, Vietnam, India, Mexico, Hong Kong, Canada, American

☆ Lakers announce plans to honor Kobe Bryant with bronze statue
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

Former NBA star Kobe Bryant, CEO of Kobe Inc, speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2016. Acquire Licensing RightsAug 24 (Reuters) - A bronze statue honoring late Los Angeles Lakers great Kobe Bryant will be unveiled outside the team's arena in February, the NBA club announced on Thursday with his widow Vanessa. "As you know, Kobe played his entire 20-year NBA career as a Los Angeles Laker," Vanessa said in a video on the team's social media accounts. The Lakers said Bryant participated in the initial planning of the anticipated statue that will be the first in a series of physical tributes to honor his legacy. "Kobe Bryant was one of the most extraordinary athletes of all time, and one of the most iconic individuals in the history of Los Angeles," said Lakers owner Jeanie Buss.

Persons: Kobe Bryant, Lucy Nicholson, Vanessa, Gianna, Kobe, Bryant, Shaquille O'Neal, Kareem Abdul, Jabbar, Earvin, Johnson, Jerry West, Chick Hearn, Jeanie Buss, Frank Pingue, Ken Ferris Organizations: NBA, Kobe Inc, Milken Institute Global Conference, REUTERS, Los Angeles Lakers, Kobe, Lakers, Denver Nuggets, Los Angeles Laker, City of, Laker, Elgin Baylor, of Fame, Thomson Locations: Beverly Hills , California, U.S, City, City of Angels, Los Angeles, Kobe, Toronto

☆ 850 people still missing after Maui wildfires, mayor says
▼ + stars: | 2023-08-21 | by ( Chantal Da Silva | ) www.cnbc.com time to read: +2 min

Search and recovery team members check charred buildings and cars in the aftermath of the Maui wildfires in Lahaina, Hawaii, on August 18, 2023. A total of 850 people are still missing in connection with the deadly wildfires that devastated Maui earlier this month, the county's mayor announced. In an overnight update posted to Facebook, Maui County Mayor Richard Bissen said there were now 850 people officially believed to be missing. Bissen said the number of missing people was the result of the FBI combining and refining various lists of missing people. "The death toll number is always provisional, in a way," Goldman said.

Persons: Richard Bissen, Bissen, We're, Lynn Goldman, Hurricane Maria, Goldman Organizations: Facebook, Milken Institute School of Public Health, George Washington University, NBC, FBI Locations: Maui, Lahaina , Hawaii, Maui County, Puerto Rico, Lahaina

☆ Elon Musk seemed to have 'bought what Putin was selling, hook, line, and sinker,' fellow PayPal mafia member says
▼ + stars: | 2023-08-21 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

He said Musk "bought what Putin was selling, hook, line, and sinker" regarding the war in Ukraine. Hoffman told The New Yorker Musk "bought what Putin was selling, hook, line, and sinker," regarding Russian President Vladimir Putin's account of the war in Ukraine. Putin wants peace—we should be negotiating peace with Putin,'" Hoffman told The New Yorker, referencing Musk's comments at a September 2022 conference in Aspen. Obviously, we are pro Ukraine," Musk tweeted hours after his poll. "Elon tends to have a 'I must build it with my own hands'" approach, Hoffman told CNBC in April.

Persons: Reid Hoffman, Elon Musk, Putin, Musk, Hoffman, Vladimir Putin's, he'd, Vladimir, Steven Butow, Starlink, we'll, Colin Kahl, Elon —, —, Elon Organizations: Paypal Mafia, New, PayPal, Kremlin, SpaceX, Politico, Pentagon, CNN, Defense, Policy, New Yorker, Milken, CNBC, Tesla Locations: Ukraine, Aspen ., Russia, Crimea, Ukrainian, New

☆ AMC stock sinks, preferred units climb after conversion settlement
▼ + stars: | 2023-08-14 | by ( Medha Singh | ) www.reuters.com time to read: +3 min

The common shares dropped to $3.45, levels just before the meme stock mania of January 2021 when retail traders hyped up the stock on online forums like Reddit. The preferred stock units called "APE" , which trade at a significant discount to common shares, jumped 15% to $2.05. Under the settlement, AMC will provide stock worth an estimated $129 million to common shareholders to settle potential legal claims related to a stock conversion plan. Wedbush analysts said they expect AMC and APE shares to converge around $3 per share before the conversion. Aron said the company has raised $418 million in cash through the sale of "APE" units over the past 12 months.

Persons: Adam Aron, David Swanson, Thomas Hayes, Aron, JJ Kinahan, Medha Singh, Akash Sriram, Saumyadeb Chakrabarty Organizations: AMC Entertainment, Milken, Global Conference, REUTERS, AMC, Great, Great Hill Capital, Twitter, IG North America, Thomson Locations: Beverly Hills , California, U.S, Great Hill, New York, Bengaluru

☆ Hollywood's 100 days of strikes have likely dealt a $3 billion blow to California's economy, a university professor says
▼ + stars: | 2023-08-10 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

Hollywood strikes have likely dealt a $3 billion blow to California's economy over the last 100 days. That's according to entertainment industry expert and academic Todd Holmes, per CNBC. Todd Holmes, an entertainment industry professor at Cal State Northridge, based his estimate on economic analysis from the last time writers went on strike in 2007. "A lot of different people are impacted surrounding the industry," Holmes told CNBC, saying the strikes are "causing them a lot of hardship." Holmes expects the strikes could cost California between $4 to $5 billion if they roll on till October.

Persons: Todd Holmes, AFTRA, Holmes, Barbie, Oppenheimer Organizations: Hollywood, CNBC, Service, Writers Guild of America, SAG, Cal State Northridge, Milken Institute Locations: Wall, Silicon, Los Angeles, Local, California, Hollywood

☆ US Senator Joe Manchin says 'thinking seriously' about leaving Democratic Party
▼ + stars: | 2023-08-10 | by ( Moira Warburton | ) www.reuters.com time to read: +2 min

Senator Joe Manchin (D-WV) speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023. Senator Joe Manchin, a maverick Democrat who has often bucked party leadership, told a radio station in his home state of West Virginia on Thursday that he is "thinking seriously" about leaving the party. "I'm not a Washington Democrat," Manchin said in the interview on Talkline with Hoppy Kercheval, a West Virginia Metro News show. Manchin and Democratic-turned-independent colleague Senator Kyrsten Sinema have been thorns in top Senate Democrat Chuck Schumer's side since the party won its majority in 2020. West Virginia Governor Jim Justice, a former Democrat-turned Republican, began his campaign in April for the Republican nomination to seek Manchin's seat.

Persons: Joe Manchin, Mike Blake, Manchin, Hoppy Kercheval, Kyrsten Sinema, Chuck Schumer's, Joe Biden, Donald Trump, Virginia Governor Jim Justice, Moira Warburton, Scott Malone, Grant McCool Organizations: Milken, Global Conference, REUTERS, Washington Democrat, West Virginia Metro News, Democratic, Republican, Virginia Governor, Democrat, U.S . Senate, Thomson Locations: Beverly Hills , California, U.S, West Virginia, Washington, New Hampshire, Virginia

☆ Hollywood strikes have already had a $3 billion impact on California's economy, experts say: It's causing 'a lot of hardship'
▼ + stars: | 2023-08-09 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

People take selfies beneath the Hollywood sign as the WGA (Writers Guild of America) strike continues on July 12, 2023 in Los Angeles, California. "A lot of different people are impacted surrounding the industry," Holmes says, "and it's causing them a lot of hardship." How long could the strike lastSome experts say the current strike could set the record for the longest writers' strike in Hollywood history. If strikes last until October, Holmes estimates the economic cost will total closer to $4 billion to $5 billion. The WGA represents 11,500 members, while SAG-AFTRA represents roughly 160,000 members.

Persons: Todd Holmes, Holmes, Lee Ohanian, Billy Porter, Kevin Klowden, Milken, Ohanian, it's Organizations: WGA, Guild of America, Writers Guild of America, Alliance, Television Producers, Cal State Northridge, Milken Institute, Screen, American Federation of Television, Radio Artists, University of California, CNBC, LA Times, Hollywood, Variety, SAG, Disney, Warner Bros Locations: Los Angeles , California, California, LA, Los Angeles

☆ 'Survival jobs,' ex-careers and side hustles: How Hollywood writers are making ends meet 100 days into the strike
▼ + stars: | 2023-08-09 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +6 min

Members of the Writers Guild of America have been on strike for 100 days, and writers are getting creative to keep striking even longer. The last WGA strike, which started in 2007, lasted for 100 days and led to 37,700 lost jobs and a $2.1 billion blow to the California economy, according to the Milken Institute, an economic think tank. Many writers, including Kyra Jones, a TV writer in Los Angeles, saw the piece as an intimidation tactic. 'Survival jobs' and new pathsEarning a living during the strike isn't as easy as applying to any job. Brandi Nicole is a TV writer in LA and Memphis.

Persons: Kyra Jones, we're, " Jones, Jones, they're, she's, Chisa Hutchinson, she'll, Gili, I've, Brandi Nicole, Nicole, Brown, She's Organizations: Writers Guild of America, WGA, Alliance, Television Producers, Milken Institute, CNBC, Hulu, ABC, Northwestern University, University of Delaware, Showtime, Humanitas Locations: California, Los Angeles, Northwestern, New York City, LA, Memphis

☆ There is no question that China is in deflation: Milken Institute
▼ + stars: | 2023-08-09 | 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 EmailThere is no question that China is in deflation: Milken InstituteWilliam Lee, chief economist at the Milken Institute says, there is no question that China is in deflation, as the consumer price index fell 0.3% year-on-year in July. "The question is how long is it going to last," he adds.

Persons: William Lee Organizations: Milken Institute Locations: China

☆ Lyme disease: A doctor explains what it is
▼ + stars: | 2023-08-08 | by ( Katia Hetter | ) edition.cnn.com time to read: +7 min

CNN —As model Bella Hadid opens up about Lyme disease and other health issues, her ordeal brings up many questions. Lyme disease is transmitted through the bite of a particular tick, the black-legged tick (Ixodes scapularis and Ixodes pacificus). CNN: Is there a blood test one could take to see whether they have Lyme disease? False positives can also occur, with some other tickborne diseases and autoimmune illnesses triggering a positive result in the absence of Lyme disease. Wen: Without a vaccine, the best way to prevent Lyme disease is to prevent tick bites.

Persons: Bella Hadid, Leana Wen, Lyme, Wen, It’s Organizations: CNN, George Washington University Milken Institute School of Public Health, Getty, National Institute of Allergy, Pfizer Locations: Lyme, United States

☆ Humanity is on the brink of major scientific breakthroughs, but nobody seems to care
▼ + stars: | 2023-08-08 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Humanity could be on the brink of making major progress in multiple areas of science. These are artificial intelligence, room-temperature superconductors, and nuclear fusion. A lesson from ChatGPT: people get excited by progress when they understand what it means. It's not a surprising attitude from the man who also said "we wanted flying cars, instead we got 140 characters." Efforts remain underway to replicate a room-temperature superconductor's creation.

Persons: Peter Thiel, Thiel, LLMs, chatbot, Marc Andreessen, OpenAI's Sam Altman, Andreessen Organizations: Milken, Peking University, Times, Milken Institute Locations: Korea, Beijing, Silicon, California, ChatGPT

☆ Room-temperature superconductors and nuclear fusion will need a ChatGPT moment
▼ + stars: | 2023-08-08 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

These are artificial intelligence, room-temperature semiconductors, and nuclear fusion. A lesson from ChatGPT: people get excited by progress when they understand what it means. In South Korea last month, researchers declared the discovery of the world's first room-temperature, ambient pressure superconductor – a rock-like material known as LK-99. But if Andreessen and his ilk want the general public to get excited by nuclear energy and superconductors, they have the answer in their own backyard in ChatGPT. Humans need to see and understand the benefits of progress for themselves.

☆ Goldman Sachs' future hinges on a low-profile, high-growth business
▼ + stars: | 2023-08-05 | by ( Hugh Son | ) www.cnbc.com time to read: +4 min

Goldman gets paid through management and incentive fees, which swell as funds attract more assets. Altogether, Goldman has $2.71 trillion in assets under supervision as of June 30, which includes wealth management assets. What about wealth management? The bank has more than $1 trillion in wealth management client assets. While Solomon cautioned that Goldman's "asset management journey" would take two to three years before meaningfully helping margins, he sounded optimistic.

Persons: David Solomon, Goldman Sachs, The Beverly Hilton, Michael Kovac, Goldman, Morgan Stanley, it's, That's, Solomon, he's, He's, Salisbury, Sarsfield Organizations: Milken Institute Global, The Beverly, The Beverly Hilton Hotel, Getty, JPMorgan Locations: Beverly Hills , California, U.S

☆ Attorney defends Michael Milken in new book, calls conviction 'injustice on biblical scale'
▼ + stars: | 2023-08-02 | 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 EmailAttorney defends Michael Milken in new book, calls conviction 'injustice on biblical scale'Richard Sandler, ‘Witness To A Prosecution’ author and Milken Institute director, joins 'Squawk Box' to defend Michael Milken, arguing that the financier was not the 'Bernie Madoff' of the 1980s, and more.

Persons: Michael Milken, Richard Sandler, Bernie Madoff Organizations: ‘, Milken Institute

☆ Milken Institute: Markets shouldn't be surprised that the economy is so strong
▼ + stars: | 2023-07-26 | 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 EmailMilken Institute: Markets shouldn't be surprised that the economy is so strongWilliam Lee, Chief Economist at the Milken Institute, discusses the Federal Reserve's path forward.

Persons: William Lee Organizations: Milken, Milken Institute

☆ ‘Barbie’ movie’s ending is an important reminder for women’s health
▼ + stars: | 2023-07-26 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +9 min

The final scene in "Barbie" is important for normalizing women's health, CNN Medical Analyst Dr. Leana Wen said. Jaap Buitendijk/Courtesy of Warner Bros. PicturesCNN: Do we give enough attention to women’s reproductive health? Dr. Leana Wen: Reproductive health care is still not regarded as part of total health and well-being. It solidifies the understanding that reproductive health is an integral part of overall health. This is a general preventive health visit in which the health care provider begins to establish a relationship of trust with the patient in a one-on-one, confidential setting.

Persons: “ Barbie, ”, Ruth Handler, Barbie, Leana Wen, Margot Robbie, Jaap Buitendijk, Barbie ”, Wen, normalizes, Pap Organizations: CNN, George Washington University Milken Institute School of Public Health, Warner Bros . Pictures CNN, American College of Obstetricians

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