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Gold prices flutter higher as Fed holds rates steady
  + stars: | 2024-05-02 | by ( ) www.cnbc.com   time to read: +2 min
The Fed left interest rates unchanged on Wednesday as expected. Its latest policy statement kept key elements of its economic assessment and policy guidance intact, framing its discussion of interest rates around the conditions under which borrowing costs can be lowered. Traders were relieved that Powell slammed the door shut for further hikes, helping gold prices climb back above $2,300, City Index senior analyst Matt Simpson said. Lower interest rates increase the appeal of holding non-yielding bullion. The U.S. non-farm payrolls report is due on Friday.
Persons: Jerome Powell, Powell, Matt Simpson, Simpson Organizations: Federal Reserve, U.S ., Traders, City Index, U.S, Palladium, MKS PAMP
Nicole Brown Simpson's family is collaborating with Lifetime to create a new docuseries. The series aims to provide Brown Simpson's own narrative in one of history's most notorious crimes. Lifetime announced Thursday that "The Life and Murder of Nicole Brown Simpson" will premiere on the network on June 1 in a two-night event. After Simpson's death, Brown said her family has been dedicated to the cause of domestic violence in many arenas. "Nicole endured incredible pain, and through that pain, she was able to protect her children.
Persons: Nicole Brown Simpson's, Brown, , Nicole Brown Simpson, Simpson, Ronald Goldman, OJ Simpson, Simpson's, Nicole, Denise Brown, Tanya, Dominique, I'm, It's, Shonda Rhimes, Mariska Hargitay, Amy Schumer, Amber Ruffin, Melissa Joan Hart, Glenn Close, Nicky Hilton Organizations: Lifetime, Service, NFL, Variety's, Cooper Hewitt Smithsonian Design, of Locations: New York City, we're
The pandemic spurred a "massive spike" in yacht sales, said Richard Allen, chief operating officer of the Hong Kong-based yachting company Simpson Marine. "We've seen a lot of those people, that had their boats for two years, sort of now wanting to travel," he told CNBC. Prices in the pre-owned marketEnthusiasm for yachting remains high, even if sales have fallen since 2021, said Casani. Casani and Allen, who spoke to CNBC on April 26 while attending the second annual Singapore Yachting Festival, agreed that the continent's yachting market is growing. "We need to do a lot of lobbying with governments to make it easier to import boats," said Allen.
Persons: Richard Allen, we've, Paolo Casani, Allen —, Allen, Casani Organizations: Simpson, CNBC, Singapore Yachting Festival, International Council of Marine Industry Associations Locations: Hong Kong, Monaco, Asia, Singapore, Indonesia, Philippines, Vietnam
Princeton University has a long history of commissioning public art by the likes of Henry Moore, Louise Nevelson, Alexander Calder and Pablo Picasso, dating back to the 1960s. And when the Princeton University Art Museum opens to the public next year, at almost double the size of its original building, six new large-scale works by women and artists of color will have pride of place — visible beacons near the building’s perimeter, both indoors and out at this central crossroads on campus. The artworks include four site-specific commissions by Diana Al-Hadid, Nick Cave, Jane Irish and Tuan Andrew Nguyen and two acquisitions by Jun Kaneko and Rose B. Simpson. “From every access point toward the museum, there will be works of public art so that people can almost use them as visual markers of arrival,” James Steward, its director, said.
Persons: Henry Moore, Louise Nevelson, Alexander Calder, Pablo Picasso, Diana Al, Hadid, Nick Cave, Jane Irish, Tuan Andrew Nguyen, Jun Kaneko, Rose B, Simpson, , ” James Steward Organizations: Princeton University, Princeton University Art Museum
Dr. Werner Spitz, a pathologist whose accounts of the traumatic last moments in some of the most sensational American deaths of the past 60 years figured in cases involving President John F. Kennedy, Martin Luther King Jr., O.J. Simpson, JonBenet Ramsey, Mary Jo Kopechne and many others, died on April 14 in St. Clair Shores, Mich., a suburb of Detroit. He died in hospice care after a brief illness, his son Dr. Daniel Spitz said. Dr. Spitz’s career of more than 60 years traced to the early days of modern forensic pathology, and his textbook on the topic remains a gold standard in the field. Examining the remains of homicide victims was the one thing that did not bore him, he said.
Persons: Werner Spitz, John F, Kennedy, Martin Luther King Jr, O.J, Simpson, JonBenet Ramsey, Mary Jo Kopechne, Daniel Spitz, Spitz’s, Spitz, , Dr, King Locations: St . Clair Shores, Mich, Detroit, Macomb County
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAsia is beautiful and warm, but here's what's its yachting industry back"Red tape," high taxes and difficulty moving yachts between countries are some of the impediments facing Asia's growing yachting industry, Simpson Marine COO Richard Allen told CNBC's Monica Pitrelli.
Persons: Richard Allen, CNBC's Monica Pitrelli Organizations: Simpson
Owen Wilson reportedly turned down a $12 million role to star in a movie called "The Juice." According to The Hollywood Reporter, the film represents Simpson as innocent. AdvertisementOwen Wilson reportedly turned down an offer to star in a movie that represents O.J. Simpson in the murders of Nicole Brown Simpson and Ron Goldman as innocent — to the tune of $12 million. In 2020, the Hollywood Reporter, citing Newton's attorney Larry Caldwell, reported that "The Juice" (then titled "Nicole & O.J.")
Persons: Owen Wilson, Simpson, Wilson, Douglas McCann, , Nicole Brown Simpson, Ron Goldman, Charlotte Kirk, Brown, Boris Kodjoe, Joshua Newton, McCann, Newton, Everybody, Owen, you've, Goldman, Larry Caldwell, Nicole, O.J, Kirk, Kodjoe Organizations: Hollywood, Service Locations: Santa Monica, Bulgaria
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Kevin Simpson trims Chevron and buys TJX CompaniesKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain his latest trades
Persons: Kevin Simpson Organizations: Chevron, TJX, Wealth Planning
She considers herself a dividend income investor, looking for names that provide a healthy payout for her clients. Her portfolio typically generates a 5% dividend yield or better. Honeywell has a 6% five-year annual dividend growth rate, he said. Lastly, CME Group not only has a 2.2% dividend yield, it tends to pay a special dividend once a year that's posted strong growth, he said. CME has five-year annual dividend growth of 15%, and a flawless balance sheet, he said.
Persons: Jenny Harrington, Kevin Simpson, Harrington, Simpson, Stocks, Kinder Morgan, Richard Kinder Organizations: Asset Management, Wealth, Merck, Verizon, SEC, Companies, Honeywell International, CME Group, Honeywell, Boeing, Group Locations: United States
The US debt is pushing the country toward a financial crisis, Leon Cooperman said. He criticized the Fed for its abrupt monetary policy shift after keeping rates low for over a decade. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMounting national debt is pushing the US toward a financial crisis, billionaire investor Leon Cooperman said this week. "Deficits matter, and I think we're headed into a financial crisis in this country."
Persons: Leon Cooperman, He's, , Simpson, Barack Obama, Cooperman Organizations: Fed, Service, Omega Family, Commission, Business, CNBC, Federal
First-quarter earnings of $3.46 per share fell below the FactSet consensus estimate of $3.67 in earnings per share. Alexandria Real Estate Equities — The stock advanced 1.2% after Alexandria surpassed first-quarter revenue expectations. The life sciences REIT posted revenue of $769.1 million, above the FactSet consensus estimate of $764.4 million. Packaging Corporation of America — The stock fell 1.8% in extended trading even as the maker of containerboard posted first-quarter earnings that topped estimates. Medpace — Shares dropped 4.3% after Medpace's first-quarter revenue missed estimates.
Persons: Crane, containerboard, Calix, FactSet, Simpson, Medpace, Medpace's, TrustCo, Darla Mercado Organizations: Cliffs, Cadence, Cadence Design Systems, FactSet, Globe, Crane, Alexandria Real, Packaging Corporation, America, Packaging Corp, Simpson, TrustCo Bank Corp, NY Locations: Cleveland, Alexandria, FactSet .
Trade Tracker: Kevin Simpson buys more Apple
  + stars: | 2024-04-22 | 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 EmailTrade Tracker: Kevin Simpson buys more AppleKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's 'Halftime Report' to explain why he's adding to his Apple position.
Persons: Kevin Simpson, Apple Kevin Simpson Organizations: Apple, Wealth Planning
Opinion | What if O.J.’s Trial Happened Now?
  + stars: | 2024-04-18 | by ( John Mcwhorter | ) www.nytimes.com   time to read: +1 min
Those contrasting perspectives have gone down as demonstrating a gulf of understanding between the races. That gulf persists, but it narrows apace, and if the verdict came down today, it would be a lot less perplexing to many white people than it was back then. We might even see some of them applauding along with Black people. It isn’t that these people would celebrate Simpson himself, any more than the jurors did back in 1995. The evidence of Simpson’s deed was overwhelming despite the ineptitude of the prosecution team.
Persons: Simpson, “ I’m, ” I’m
Editor’s Note: Ed Manning is a media executive and prostate cancer survivor. In the blink of a news cycle, prostate cancer was again casually swept aside as among the best cancer to have. As a prostate cancer survivor, I can report from painful experience that those misguided assessments are to men’s health and longevity what ice was to the Titanic. As the American Cancer Society notes:• Prostate cancer is the second leading cause of cancer death in men. A biopsy confirmed somewhat aggressive prostate cancer, a diagnosis which stunned and terrified me.
Persons: Ed Manning, Lloyd Austin, Dr, Martin Luther King Jr’s, Dexter, Simpson, , , it’s Organizations: CNN, Houston, American Cancer Society, PSA, National Cancer Institute Locations: peeing
Augusta National CNN —A ticket to the Masters, known as a badge, is one of the most elusive items in all of sports. The use of cell phones is strictly prohibited on the property of Augusta National, meaning that patrons – fans at the Masters – quickly become oblivious to outside events. Or you come to the Masters.”During these times of heightened international tensions, that makes Augusta National feel like one of the most isolated places on earth. Maddie Meyer/Getty ImagesIt’s hard to make an argument against Augusta’s restrictive cell phone policies. “For her, the liberation of being without a cell phone was absolutely spectacular,” he said.
Persons: , Mike Rawl, azaleas, Louisa Cranford, , ” Cranford, Warren Little, Billy Payne, Fred Ridley, Brian Snyder, Scottie Scheffler, Meredith, Ted Scott, Maddie Meyer, O.J, Simpson, they’d, Joe Biden, Donald Trump, Rachelle Rawl, Bob Nesbit, who’s Organizations: Augusta National CNN, CNN, Augusta, CBS, Reuters, Mental, Columbia University’s Department of Psychiatry, Hooters, McDonalds, Washington, Golf Locations: Augusta, Israel, American
New York CNN —Did Donald Trump fall asleep in court? As the first criminal trial of a former American president commenced Monday, The New York Times’ Maggie Haberman delivered a stunning report from the Manhattan courtroom. “This is 100% Fake News coming from ‘journalists’ who weren’t even in the court room,” a Trump campaign spokesperson later insisted. The Trump campaign forcefully denying Haberman and other reporters’ accounts quickly created two versions of events for people at home to choose to believe: Trump or Haberman. One of the concerns has been that by welcoming the public into the courtroom, cases will transform into public spectacles, similar to the O.J.
Persons: Donald Trump, Maggie Haberman, Trump, , , Susanne Craig, Joe ”, snooze, , Haberman, Simpson Organizations: New, New York CNN, The New York Times, Trump, Republican, MSNBC, Fake, Fox News Locations: New York, American, Manhattan, Trump, Haberman, Federal
The dollar stood just off its highest since early November against a handful of peer currencies on Tuesday, raising intervention worries as the yen languished at its lowest level since 1990 following hotter-than-expected U.S. retail sales. The dollar stood just off its highest since early November against a handful of peer currencies on Tuesday, raising intervention worries as the yen languished at its lowest level since 1990 following hotter-than-expected U.S. retail sales. In the U.S., retail sales rose 0.7% last month, compared with the 0.3% rise that economists polled by Reuters had forecast. The Japanese yen languished under the dollar's continued strength and large interest rate differential between the two countries, breaching 154 to hit a fresh 34-year low against the dollar on Monday. The offshore Chinese yuan was mostly unchanged at 7.2620 per dollar ahead of the key economic data releases out of China.
Persons: Matt Simpson, Shunichi Suzuki, Index's Simpson, bitcoin Organizations: Reuters, Federal Reserve, U.S ., U.S, Traders, Japanese Finance, European Central Bank Locations: China, U.S, Middle
Gold near record high on growing geopolitical concerns
  + stars: | 2024-04-16 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices ticked up, hovering near record-high levels, as fears of escalating tensions in the Middle East drove investors towards the safe-haven metal. Gold prices ticked up on Tuesday, not too far away from a record high hit last week, as concerns about rising geopolitical tensions between Iran and Israel propped up demand for the safe-haven metal. Spot gold was up 0.2% at $2,387.11 per ounce, as of 0355 GMT, after hitting an all-time high of $2,431.29 on Friday. Gold rose 1.6% in the previous session despite data showing U.S. retail sales increased more than expected in March. Citi projected gold prices to trade at $3,000 per ounce over the next 6-18 months.
Persons: Matt Simpson Organizations: East, City Index, U.S ., Citi Locations: Iran, Israel, U.S, India, China
Follow our live coverage of Trump’s hush money trial. The start of Donald J. Trump’s criminal trial on Monday thrusts the 2024 presidential race into uncharted territory and Mr. Trump back into the public spotlight in ways he hasn’t been since he left the White House more than three years ago. The trial will begin with perhaps the most scrutinized jury selection since the trial of O.J. “This looks like no other presidential campaign in the history of the country,” said Neil Newhouse, a Republican pollster who has worked on past presidential races. “It kind of puts the regular presidential campaign on sabbatical.”
Persons: Donald J, Trump, hasn’t, O.J, Simpson, , Neil Newhouse, Republican pollster Organizations: White, Republican Locations: Manhattan, New York City
Simpson owed a huge sum to the families of Ron Goldman and Nicole Brown Simpson, reports say. Simpson died owing millions to the family of Ron Goldman and Nicole Brown Simpson following a wrongful death lawsuit in 1997, an attorney for the Goldman family has said, according to reports. It ordered him to pay $33.5 million, which has ballooned to $114 million due to unpaid interest charges, a Goldman family lawyer told People. Ron Goldman and Nicole Brown Simpson, right, were found stabbed to death at Simpson home in 1994. Reuters/APMost of the money that the Goldman family has received from Simpson has been through the sales of a book Simpson wrote about the deaths, said Cook.
Persons: O.J, Simpson, Ron Goldman, Nicole Brown Simpson, , Goldman, David Cook, Christopher Melcher, Goldman's, Fred Goldman, Cook, OJ Simpson, Brown, Denise Brown, Kim Goldman Organizations: Service, The New York Times, Times, Screen Actors Guild, Reuters, AP, MEGA, O.J, Fox News Locations: California, Las Vegas , Nevada, Florida
Insider Today: Landlords' secret weapon
  + stars: | 2024-04-14 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
That chase, and Simpson's subsequent murder trial, changed media forever. A year later, 150 million would watch the jury declare a shocking not guilty verdict. Also read:AdvertisementEmrah_Oztas/ Getty Image, eGreg Bajor/Getty Image, Aleksey Balatskiy/Getty Image, Cici Morosanu/500px/Getty Image, Busà Photography/Getty Image, Abanti Chowdhury/BILandlords' secret weaponBig-time apartment owners have a secret weapon: RealPage, a company that sells software to property managers to help them set rents and juice their profits. Some Spotify staff told BI the company is spending too much on lavish events, especially as it looks to cut even more costs. This week's quote:Advertisement"As a personality hire, you can get away with not being as competent and doing half of your job."
Persons: , ChatGPT, O.J, Simpson, Bundy, Sheriff Roland Jex, Christopher Darden, VINCE BUCCI, Nicole Brown Simpson, Ron Goldman, Ford Bronco, Robert Kardashian, Goldman, Michael Socolow, Rupert Murdoch, Rebecca Zisser, eGreg Bajor, Aleksey Balatskiy, Cici, Abanti Chowdhury, Jia Feng, Sam Smith, Charli XCX, Daniel Bennett Organizations: Service, Business, Aris, Getty, University of Southern, NFL, Ford, CNN, Fox, RealPage, Spotify Locations: America, ANGELES , CA, Rockingham, Los Angeles , CA, AFP, University of Southern California, London
More than 25 years ago, O.J. Simpson was found liable in civil court for the deaths of his ex-wife Nicole Brown Simpson and Ronald Goldman, her friend, and was ordered to pay more than $33 million to their families. While it is still unclear where things stand with the Brown Simpson family, the Goldman family said its pursuit will not end despite the death of Mr. Simpson on Wednesday. Mr. Simpson was acquitted of the murders of Ms. Brown Simpson and Ronald Goldman in the 1995 criminal trial, but the civil jury in 1997 concluded that he “willingly and wrongfully” caused their deaths, and the unanimous decision included $25 million in punitive damages. Of the total, according to court documents filed in 2022, the Goldman family had received from Mr. Simpson around $132,000.
Persons: Simpson, Nicole Brown Simpson, Ronald Goldman, Brown Simpson, Goldman, David Cook, Fred Goldman, Ronald’s, Cook, Simpson “, ” Mr, Ms, , Organizations:
In December 1994, investigators from the Los Angeles County prosecutor’s office drilled open a safe deposit box that had belonged to Nicole Brown Simpson. In it, they found Polaroids of her with a battered face and letters from O.J. Simpson apologizing for abusing her. “The message in the box was clear,” wrote Marcia Clark, the lead prosecutor in the bombshell trial of Mr. Simpson for Ms. Brown Simpson’s murder, in a book about the case. “It was kind of like America was learning about domestic violence all at once,” said Stephanie Love-Patterson, a consultant for Connections for Abused Women and Their Children, an organization in Chicago that provides support for victims of domestic violence.
Persons: Nicole Brown Simpson, Simpson, , Marcia Clark, Brown, , Stephanie Love, Patterson Organizations: Los Locations: Los Angeles County, O.J, America, Chicago
Frank A. Olson, who as a top executive of Hertz cast the running back O.J. Simpson as the star of the company’s commercials — a corporate marriage that shined up both parties and that lasted two decades, until Mr. Simpson was charged in a double homicide in 1994 — died at his home in Palm Beach, Fla., on Wednesday, the same day Mr. Simpson died. Mr. Olson was 91. More than business partners, Mr. Olson and Mr. Simpson, both San Francisco natives, forged an alliance, beginning in the 1970s, that spoke of that mutually beneficial zone where corporate and social life intertwine. Mr. Olson, an avid golfer, sponsored Mr. Simpson for membership in the private Arcola Country Club in Paramus, N.J., where in 1992 Mr. Simpson, a former Heisman Trophy winner and Pro Football Hall of Famer, became the first Black member.
Persons: Frank A, Olson, Simpson, , Covid, Christopher, Blake, . Olson, Hertz, pitchman, intertwine, Nicole Brown Simpson, Ronald L, Goldman, ” Mr Organizations: Hertz, Arcola Country Club, Heisman, Pro Football Hall of Famer Locations: Palm Beach, Fla, Francisco, Arcola, Paramus, N.J, Los Angeles
In 1995, Simpson was found not guilty of killing his ex-wife Nicole Brown and her friend Ron Goldman. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In 1994, Simpson was arrested and charged after Brown and Goldman were stabbed at her Los Angeles home. In 2006, almost a decade after the civil trial, Simpson announced he would release a book about the murders originally titled "O.J. AdvertisementAfter a bankruptcy court in Florida awarded the rights of the book to the Goldman family, the book was finally published, but with a new name: "If I Did It: Confessions of the Killer."
Persons: O.J, Simpson, Nicole Brown, Ron Goldman, , Brown, Goldman, Pablo Fenjves, Brown's, Denise Brown, Fred Goldman, Kim Goldman Organizations: Service, O.J, Fox News Locations: Los Angeles, Florida
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