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☆ Some student loan borrowers have extra time before payments restart. Here's why
▼ + stars: | 2023-09-21 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

Many people made their usual student loan payment in March 2020, before former president Donald Trump first announced the pause on federal student loan bills and interest accrual, he explained. Depending on when their loan servicer received those funds, it may have been considered an extra payment that has now pushed back their due date. You can contact your loan servicer or log in to StudentAid.gov to learn your exact due date, said higher education expert Mark Kantrowitz. The typical federal student loan bill is $350 a month. If you were enrolled in the standard 10-year repayment plan prior to Covid and still are, your monthly payment should not have changed.

Persons: Buchanan, Donald Trump, servicer, Mark Kantrowitz, they're, Kantrowitz, Grace Locations: StudentAid.gov

The S&P 500 climbed 0.12% to end the session at 4,467.44 points. The Nasdaq gained 0.29% to 13,813.59 points, while the Dow Jones Industrial Average declined 0.20% to 34,575.53 points. The S&P 500 consumer discretionary index (.SPLRCD) climbed 0.9%, lifted as Ford Motor (F.N) rallied 1.5% on the vehicle maker's plans to double the production of its hybrid F-150 pickup trucks in 2024. Declining stocks outnumbered rising ones within the S&P 500 (.AD.SPX) by a 1.5-to-one ratio. The S&P 500 posted 10 new highs and 11 new lows; the Nasdaq recorded 20 new highs and 199 new lows.

Persons: Victoria Fernandez, Raindrops, Mike Segar, that's, Keith Buchanan, Jane Fraser, Xpeng, Ankika Biswas, Shristi, Shubham Batra, Noel Randewich, Savio D'Souza, Vinay Dwivedi, Deepa Babington Organizations: Citi, Nasdaq, Dow, Federal Reserve, Microsoft, Dow Jones, Ford, Crossmark Global Investment, Wall, New York Stock Exchange, REUTERS, GLOBALT Investments, Reuters Graphics Reuters, Citigroup, European Commission, Sprit Airlines, Moderna, Thomson Locations: Manhattan, New York City , New York, U.S, Atlanta, Bengaluru, Oakland, Calif

Megacap growth stocks Tesla (TSLA.O), Meta Platforms (META.O), Microsoft (MSFT.O) and Amazon.com (AMZN.O) gained for much of the session. According to preliminary data, the S&P 500 (.SPX) gained 5.87 points, or 0.13%, to end at 4,467.77 points, while the Nasdaq Composite (.IXIC) gained 39.96 points, or 0.29%, to 13,813.59. Data showed consumer prices increased by the most in 14 months in August as gasoline prices surged, but the annual rise in underlying inflation was the smallest in nearly two years. 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. Reuters Graphics Reuters GraphicsThe Fed is unlikely to cut rates before the April-June period next year, a Reuters poll showed.

Persons: Victoria Fernandez, Mike Segar, that's, Keith Buchanan, Jane Fraser, Xpeng, Ankika Biswas, Shristi, Shubham Batra, Noel Randewich, Savio D'Souza, Vinay Dwivedi, Deepa Babington Organizations: Citi, Federal Reserve, Microsoft, Apple, Nasdaq, Dow Jones, Ford, Crossmark Global Investment, Wall, New York Stock Exchange, REUTERS, GLOBALT Investments, Reuters Graphics Reuters, Citigroup, European Commission, Sprit, Moderna, Thomson Locations: Manhattan, New York City , New York, U.S, Atlanta, Bengaluru, Oakland, Calif

(AP) — A Missouri judge has upheld the constitutionality of the state's Senate districts in a case that provided the first legal test of revised redistricting criteria approved by voters. Cole County Circuit Judge Jon Beetem rejected claims that the Senate map unlawfully divided certain local governments into multiple Senate districts, but an attorney said Wednesday that his clients are considering an appeal. In Missouri, two separate bipartisan citizen commissions are supposed to redraw state House and Senate districts after each census to account for population changes. Hatfield said he doesn't believe the constitutional criteria make it OK to split a county into multiple districts when it could be kept whole. The Senate districts were defended in court by Attorney General Andrew Bailey's office.

Persons: Jon Beetem, “, Chuck Hatfield, Beetem, Hatfield, doesn't, Andrew Bailey's, Bailey, Madeline Sieren, ” Organizations: JEFFERSON CITY, —, Cole, Republican, Judicial Locations: Mo, Missouri, state's, ” Missouri, Louis, Hazelwood, Buchanan County, St

☆ Opinion | Shakespeare’s ‘Sublimely, Disturbingly Smutty Effect’ Must Endure
▼ + stars: | 2023-09-10 | by ( Drew Lichtenberg | ) www.nytimes.com time to read: +4 min

Throughout the play the Roman warrior Coriolanus is alternately drawn toward and repelled by his military rival Aufidius. He dreams of Coriolanus nightly, and the two are locked in mortal combat, a fight to the death, mutually assured destruction. — Iago, “Othello,” Act 1, Scene 1I taught this play every summer for almost 20 years to first-generation American high school students. My students learned that Shakespeare’s 17th-century Italy held some of the same societal evils as their 21st century. — Rachel D. Smith, 19, New York CityDrew: Here we see how Shakespeare uses rhythms and interlocking wordplay to sublimely, disturbingly smutty effect.

Persons: Drew, “, ”, Cocteau, Genet, Aufidius, Freud, —, Iago, Tom Buchanan, — Alden Mauck, Brabantio, Shakespeare, CRUDITY Katherine, Katherine : Ay, Rachel D, Smith, Katherine Organizations: New York City Drew Locations: Vietnam, Dominican Republic, Africa, Italy, Newton, New

☆ Woody Allen Finds a Decidedly Mixed Reception at the Venice Film Festival
▼ + stars: | 2023-09-05 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +1 min

It has been six years since Woody Allen had a film released in the United States, but the Venice Film Festival was still eager to roll out the red carpet for the 87-year-old director’s latest effort. However, not everyone there welcomed the filmmaker with open arms. On Monday, his new film, “Coup de Chance,” debuted in Venice and earned the several-minute standing ovation that’s customary at most festival premieres. “Coup de Chance” is Allen’s 50th film and his first French-language effort. Starring Lou de Laâge and Melvil Poupaud, it’s a Paris-set dramatic thriller about a married woman who reconnects with an old flame, which drives her possessive husband to thoughts of murder.

Persons: Woody Allen, Chance, ”, ” Allen, Dylan Farrow, Luc Besson, Polanski, Lou de Laâge, Melvil Locations: United States, Venice, U.S, it’s, Paris

☆ Priscilla Presley’s Emotional Reaction to Sofia Coppola’s New Elvis Film
▼ + stars: | 2023-09-04 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +2 min

Priscilla is also 14, a fact the film doesn’t shy away from. That aesthetic choice smartly steers “Priscilla” away from Luhrmann’s movie (which was much more interested in Elvis the performer) and further grounds the film in Priscilla’s perspective. The movie may also lack big musical scenes because Presley’s estate was unwilling to support the film or authorize the use of his songbook. Luhrmann’s hagiography was estate-approved and portrayed the singer as the innocent pawn of his craven manager, Col. Tom Parker. “Priscilla” shows how manipulative Elvis himself could be.

Persons: Priscilla, Elvis murmurs, ”, Nancy Sinatra, Ann, Margret, “ Marie Antoinette, Elvis, sensitively, Cailee Spaeny, Jacob Elordi, Austin Butler’s, lister, Elordi acquits, Coppola isn’t, Elvis midsong, he’s, Priscilla ”, I’m, craven, Tom Parker, “ Priscilla ”, wouldn’t Locations: Germany, Graceland, “

☆ Why student-loan borrowers could face a 'perfect storm' of obstacles once payments resume next month
▼ + stars: | 2023-09-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Experts told Insider lack of broad debt relief and high inflation could contribute to the challenges. After more than three years, President Joe Biden officially ended the pandemic pause on federal student-loan payments, with waived interest, on Friday. "Before the pandemic, borrowers were already choosing between meeting their own basic needs and making their student-loan payments. "The more resource-strapped a servicer is and the more resource-strapped FSA is, the heightened concerns we have for that treatment of borrowers and just for the accuracy on the part of servicers giving information to borrowers," Hall said. In the meantime, the department recommends borrowers make their payments and wait for Biden's new plan for broad debt relief.

Persons: Joe Biden, she's, it's, Carolyn Fast, servicers, Biden, Stephanie Hall, Hall, Scott Buchanan, —, there's Organizations: Service, The Century Foundation, Education Department, An Education Department, Center for American Progress, Department, Student Loan, —, Management, Federal, Aid, Federal Student Aid Locations: Wall, Silicon

☆ Venice Film Festival: Why David Fincher Wanted Michael Fassbender to Look ‘Dorky’
▼ + stars: | 2023-09-03 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +2 min

Fincher found no complaints from his leading man, who wasn’t in Venice because of the SAG-AFTRA strike: “Michael’s cool. “At one point, we even debated the Razor scooter,” he said, nixing that only because it wouldn’t perform well during a stair stunt. “I was like, ‘I want James Bond by way of Home Depot,’” Fincher said. “I love the idea of a Charles Bronson character who’s maybe misdiagnosed adult autistic,” he said. “And before 2023, I’m not sure anybody would have gone, ‘Oh, that makes sense.’”

Persons: Fincher, ”, John Wick, it’s, ” Fincher, Pitt, James Bond, ’ ” Fincher, Charles Bronson, I’m Organizations: SAG Locations: Venice, “

☆ Venice Film Festival: All Your Questions About Bradley Cooper’s ‘Maestro’ Answered
▼ + stars: | 2023-09-02 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +2 min

If you refer to “Maestro” as a biopic, expect a sternly worded email from the movie’s reps. It’s also true that “Maestro” doesn’t play by traditional biopic rules. What’s up with that fake nose? But when the film flashes back to Bernstein as a young man, the prosthetic proves intermittently distracting. It’s both too much and not enough: Unlike the fake nose in “The Hours,” which really did render Nicole Kidman unrecognizable, young Bernstein just looks like Bradley Cooper wearing a big beak.

Persons: ” Bernstein, Montealegre, “ Oppenheimer ”, Ferrari, Maestro ”, Bernstein, It’s, ”, Ken ”, “ Barbie, Cooper, Leonard Bernstein, Bradley, he’s, Nicole Kidman, Bradley Cooper Organizations: Netflix

The Labor Department's report showed the August unemployment rate rose to 3.8% while wage growth slowed. The most traded stock in the S&P 500 was Tesla Inc , with $32.6 billion worth of shares exchanged during the session. For the week, the S&P 500 rose 2.50%, the Dow added 1.43% and the Nasdaq climbed 3.25%. Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX) by a 2.1-to-one ratio. The S&P 500 posted 28 new highs and 20 new lows; the Nasdaq recorded 84 new highs and 90 new lows.

Persons: Keith Buchanan, Walt Disney, Brendan McDermid, Lululemon, Rosalind Brewer, Shristi Achar, Noel Randewich, Sruthi Shankar, Shounak Dasgupta, Richard Chang Organizations: Dell, Nasdaq, Dow, Disney, Charter Communications, Labor, Federal Reserve, GLOBALT Investments, ESPN, Charter's, Warner Bros Discovery, Paramount Global, Fox Corp, Tesla Inc, New York Stock Exchange, REUTERS, Dow Jones, Broadcom, Dell Technologies, Walgreens Boots Alliance, Thomson Locations: Atlanta, U.S, New York City, Bengaluru, Oakland , California

☆ Venice Film Festival: Emma Stone Is a Bizarro Barbie in ‘Poor Things’
▼ + stars: | 2023-09-01 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +1 min

And you thought Barbie’s creation myth was head-spinning! “Poor Things,” which premiered at the Venice Film Festival on Friday, often plays like a wild, art-house remix of Greta Gerwig’s blockbuster doll opus. But this is no family film: As baby-brained Bella starts to come of age, her lack of inhibitions steers her toward sexual situations that had the Venice moviegoer next to me squirming in his seat. Quite literally a child in a woman’s body, Bella can barely string words together and is given to shocking outbursts. Even gaining control of her limbs is a challenge: Bella lurches through Baxter’s mansion like a zombie dressed in drag, which I suppose she kind of is.

Persons: Billie Eilish, “ Barbie, Bella Baxter, “, ”, Emma Stone, Yorgos Lanthimos, she’s, Willem Dafoe, Greta Gerwig’s, brained Bella, Alasdair Gray, Tony McNamara, Bella, Dafoe’s Dr, Godwin Baxter, McCandles, Ramy Youssef, Bella lurches Locations: Venice

☆ Student loan payments restart in October — here are changes borrowers can expect
▼ + stars: | 2023-08-31 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

A new servicer, for someMillions of federal student loan borrowers will have a different servicer when payments resume in October. Impacted borrowers should get emails about the change, said Scott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal student loan servicers. Borrowers previously with FedLoan should be transferred to MOHELA, or the Missouri Higher Education Loan Authority, he said. Another repayment optionFederal student loan borrowers can now sign up for the Biden administration's new loan repayment plan, and they could be enrolled in it by the time the bills resume. If your student loan servicer can't process your application for the SAVE plan by the time payments resume, it should place you in a temporary forbearance.

Persons: Julia Amaral, they'll, Granite State —, Scott Buchanan, Buchanan, FAFSA, Mark Kantrowitz, Kantrowitz, servicer, Biden, they're, Joe Biden Organizations: Istock, Pennsylvania Higher Education Assistance Agency, Student Loan, Alliance, Finance, Missouri Higher Education Loan Authority, EdFinancial Services, Lakes Higher, Federal Services, Biden, Valuable Education, Public, Education Department Locations: That's, Pennsylvania, Granite State, MOHELA, Missouri, StudentAid.gov

☆ Venice Film Festival 2023: What to Watch For
▼ + stars: | 2023-08-29 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +1 min

A year ago, the Venice Film Festival had enough star power to put even celebrity-worshiping Cannes on notice. But without all of those celebrities, can Venice still go viral? That puts Venice in a bind, as it’s regarded as one of the best places for Hollywood to unveil starry awards-season titles. (A low-profile Italian film is opening instead.) And I’ve heard of a few more starry fall films that were earmarked for Venice but opted for the Telluride Film Festival instead, since that event is less driven by the photo ops and news conferences that are no longer feasible in Italy.

Persons: Olivia Wilde, Florence Pugh, Harry Styles, Chalamet, Brendan Fraser, Oscar, Luca Guadagnino’s, I’ve Organizations: Venice Film, Screen Actors, Writers Guild of America, Hollywood, ”, MGM, Telluride Locations: Venice, Cannes, Italy

☆ Opinion: The surprise winner of the debate
▼ + stars: | 2023-08-24 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +30 min

CNN —CNN Opinion asked our political contributors to weigh on the first Republican presidential debate of the 2024 season. On Wednesday night, on more than one issue, Haley broke with the old guard in some meaningful ways. Karen Finney: Ron DeSantis falls flatKaren Finney Ralph AlswangeAfter weeks of buildup and reports of serious debate preparation with a top Republican debate coach, this was supposed to be the night that Florida Gov. Instead, DeSantis delivered a flat debate performance devoid of any standout moments, demonstrating why he is the best alternative to former President Donald Trump. Asa Hutchinson in a few instances, not one of the GOP candidates sounded like a serious contender for the White House.

Persons: Nikki Haley, “, Donald Trump, Haley, won’t —, that’s, Trump, Joe Biden’s, Ron DeSantis, Vivek Ramaswamy, Haley’s, Karen Finney, Karen Finney Ralph Alswange, DeSantis, Donald Trump ., MAGA, George Soros, Florida’s, ” Karen Finney, Patrick T, Brown, Patrick, Mike Pence, Ramaswamy’s, Ramaswamy, Pence, “ It’s, ” Ramaswamy, Sophia A, Nelson, ‘ Rich, Richmond ’ Sophia A, Nelson Sophia A, Richmond ”, Oliver Anthony, Sen, Tim Scott of, Margaret Thatcher —, Michelle Obama, ” Scott Jennings, Scott Jennings, Nikki Haley overperforming, Doug Burgum, Asa Hutchison, Chris Christie, unapologetically, George W, Bush, Mitch McConnell, Jill Filipovic, Jill Filipovic Vivek Ramaswamy, G.T . Bynum, Bynum, Ronald Reagan —, —, shamefully, Putin, Nicole Hemmer, Robert Taft, Dwight Eisenhower, Ike, Ronald Reagan, Pat Buchanan, Carolyn T, Robert M, Who, Geoff Duncan, GOP Geoff Duncan CNN, Asa Hutchinson, ” Roxanne Jones, Roxanne Jones, Nikki Haley —, I’ve, Jones, ”, WURD, Kristen Soltis Anderson, Nikki Haley’s, ” Raul A, Reyes, Joe Biden, Biden, Raul A, Jon Gabriel, Jon Gabriel Immigration, I’m, ” DeSantis Organizations: CNN, South Carolina Gov, Republican Party of Trump, Florida Gov, Biden, Republican, Donald Trump . Time, New, New Jersey Gov, Democratic, Trump, GOP, Public Policy Center, Economic, North, Richmond, British, Republican Party, North Dakota Gov, Arkansas Gov, RunSwitch Public Relations, Twitter, Pew Research Center, Internal Revenue Service, Department of Education, Pew, Former South Carolina Gov, Rogers Center, Vanderbilt University, “ Partisans, Conservative, Wednesday, Department of Justice, UN, Former New Jersey Gov, America’s Conservative Party, White House . Florida Gov, ESPN The Magazine, ESPN, New York Daily News, Philadelphia Inquirer, Kristen Soltis Anderson CNN Former South Carolina Gov, America, Reyes CNN, Special Forces, Fox, CNN Town Hall, USA, Gallup, The Arizona Locations: China, Florida, Hawaii, New Jersey, America, Washington , DC, Ukraine, Tim Scott of South Carolina, Georgia, Louisville , Kentucky, millennials, New York, Israel, United States, Tulsa , Oklahoma, Mexico, El Paso, dearer, Arizona, The Arizona Republic

☆ When student loan payments restart, many borrowers may have a different servicer
▼ + stars: | 2023-08-21 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

Mementojpeg | Moment | Getty ImagesLook out for notices about the changeScott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal student loan servicers, said impacted borrowers should get emails about the change. Higher education expert Mark Kantrowitz has been tracking the transfers. Borrowers previously with FedLoan should be transferred to MOHELA, or the Missouri Higher Education Loan Authority, he said. Accounts with Great Lakes Higher Education, Kantrowitz said, should be managed by Nelnet going forward. Also, Kantrowitz said, "whenever there is a change of loan servicer, there can be problems transferring borrower data."

Persons: Scott Buchanan, servicers, Buchanan, Mark Kantrowitz, Kantrowitz, You'll Organizations: Student Loan, Alliance, Missouri Higher Education Loan Authority, EdFinancial Services, Lakes Higher, Federal Services Locations: MOHELA, Missouri, Granite State, StudentAid.gov

☆ A $49,000 monthly student-loan bill and incomplete debt relief: Borrowers are facing confusion as repayment looms
▼ + stars: | 2023-08-20 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

Some student-loan borrowers are running into hurdles leading up to the payment resumption. Insider spoke to borrowers with inaccurate monthly statements and incomplete debt relief. Jess's incorrect monthly payment statement is just one of the challenges borrowers are facing as President Joe Biden's Education Department and federal student-loan companies work to transition millions of borrowers back into repayment. This announcement was part of the department's one-time account adjustment to get relief to borrowers who have reached the repayment threshold. "Right now, House Republicans are pursuing an appropriations bill that cuts $22.5 BILLION from education," Education Secretary Miguel Cardona wrote on X last month.

Persons: Jess, couldn't, Jess —, —, she's, there's, Joe Biden's, Scott Buchanan, servicers —, Buchanan, we've, Karin Smith, Smith, I'm, It's, haven't, Miguel Cardona Organizations: Service, Joe Biden's Education Department, Student Loan, —, Education Department, The Education Department, House Republicans, Republican Locations: Wall, Silicon

☆ There’s No Such Thing as a Bad Movie Accent
▼ + stars: | 2023-08-18 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +1 min

“Red, White & Royal Blue” waits just seven and a half minutes to get to the good stuff, and by that I’m not referring to the movie’s big romance, between a hot British prince and the hot son of the American president, but to its even bigger accent, a syrupy Southern drawl from Uma Thurman that may be this season’s most audacious special effect. Imagine Gina Gershon in “Showgirls” crossed with Ross Perot and you’ll get halfway there — the rest of the distance must be traveled holding a mint julep that’s in constant, delicious danger of spilling. President Uma Thurman (the actual character name is incidental, since you will never not be thinking “President Uma Thurman” when she’s onscreen) is introduced accent-first, with her back to the camera, because encountering this voice head-on would surely be too much for the unprepared Prime Video viewers who stumbled upon the movie after bingeing “Bosch.” We meet her as she’s busy lecturing her hot son about his initial clash with the hot prince. “Darlin’,” President Uma Thurman says, “yew’ve dun some pretty stupid things in yur day, buh this …”To say my ears perked up is an understatement: It was as though Arianna Huffington had appeared before me reciting a monologue from “True Blood.” This is not an accent you should attempt while operating heavy machinery, but Thurman ladles it on so thick that you have to admire the movie-star chutzpah. I even started to miss her whenever “Red, White & Royal Blue” cut back to the hot boys’ romantic misadventures: Why are we spending time on these tedious hunks when the most suspenseful thing about the movie is how President Uma Thurman will pronounce any given word?

Persons: ”, I’m, Uma Thurman, Gina Gershon, “, Ross Perot, you’ll, Uma Thurman ”, bingeing “ Bosch, “ Darlin, Arianna Huffington, Thurman ladles

☆ In London, a Summer Dinner With Roses on Every Surface
▼ + stars: | 2023-08-17 | by ( Lauren Joseph | ) www.nytimes.com time to read: +1 min

When Charlotte and Angus Buchanan, both 37, bought their home in northwest London’s Harlesden neighborhood in 2019, the garden was so overgrown they “could hardly see the end of it,” Charlotte recalled recently. The couple, who met in their teens, began dating in their 20s and started their design business, Buchanan Studio, in 2018. “We design restaurants, which has led to the kitchen being the way it is,” explained Angus of the professional-grade barbecue setup. In addition to restaurants, furniture, fabrics and brand identity projects, Buchanan Studio produces a few over-the-top events each year. After staging a four-day celebrity wedding, making dinner for a crowd at home feels relatively easy.

Persons: Angus Buchanan, ” Charlotte, Charlotte, Angus, ” Organizations: Buchanan Locations: Charlotte, London’s Harlesden

☆ Stock futures are little changed as Wall Street looks beyond losing session: Live updates
▼ + stars: | 2023-08-15 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures are near flat Tuesday night as investors came off a losing session that marked the latest leg down in an August slump. S&P 500 and Nasdaq 100 futures were also both little changed. The moves follow a losing session on Wall Street, with all three of the major indexes finishing more than 1% lower on Tuesday. Meanwhile, the S&P 500 ended the session below its 50-day moving average, which could signal a downturn ahead. The Nasdaq Composite and S&P 500 are on track to end 5% and 3.3% lower, respectively, while the Dow is slated to drop 1.7%.

Persons: Dow, Wells, Fitch, Neel Kashkari, Keith Buchanan, It's Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, JPMorgan, Bank of America, Minneapolis Federal, Regional Banking, Globalt Investments, Target, TJX Companies Locations: New York City, Cava, Wells Fargo, China

☆ UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
▼ + stars: | 2023-08-14 | by ( Matt Egan | ) edition.cnn.com time to read: +1 min

New York CNN —The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession. The settlement resolves the final case brought by the DOJ to investigate the role of Wall Street firms in the 2008 financial crisis. In a statement, UBS described the agreement as a settlement of a “legacy matter” and said it has been fully provisioned in prior periods. Other Wall Street firms including Barclays, Deutsche Bank and Goldman Sachs were previously hit by even larger fines to reach toxic mortgage settlements with the US government. All told, prosecutors say they leveled more than $36 billion in fines for conduct that fueled the 2008 financial crisis, including from banks and ratings firms.

Persons: ”, Ryan Buchanan, Goldman Sachs Organizations: New, New York CNN, The Justice, UBS, DOJ, Wall Street, Eastern, of, Northern, Northern District of, Barclays, Deutsche Bank Locations: New York, of New York, Wall, Northern District, Northern District of Georgia

☆ Will Hollywood Learn These 5 Lessons From ‘Barbie’?
▼ + stars: | 2023-08-14 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +2 min

But can the runaway success of “Barbie” reshape Hollywood? I’m too cynical to think studio executives will learn all the right lessons from it. Still, “Barbie” proved at least five things to be true, if decision makers are willing to think outside the pink box. A summer movie can be smartly writtenWe count on summer movies to deliver spectacle, but how many also come with a witty, thoughtful script? “Barbie,” by contrast, feels totally thought through instead of frantically rewritten.

Persons: Greta Gerwig’s, Barbie ”, Mario, it’s, Jim Carrey, “ Barbie, they’ll, “ Barbie ”, “ Frances Ha ”, America, Gerwig, Noah Baumbach, Barbie Organizations: Mario Bros

☆ These 9 Florida Republicans are coming to Iowa with Trump in an effort to troll DeSantis
▼ + stars: | 2023-08-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Nine Florida lawmakers will join Trump at the Iowa State Fair. This is just the latest way Trump has found to needle the Florida governor. The Iowa State Fair is a major event for presidential hopefuls, who often flip pork chops and gawk at the butter cow alongside Iowans and throngs of journalists. Trump previously raised eyebrows at 2015 State Fair when he offered children free helicopter rides. A representatives for DeSantis' campaign did not immediately respond to a request for comment.

Persons: Ron DeSantis, Trump, Donald Trump, Byron Donalds, Matt Gaetz, Gil Bilirakis, Carlos Gimenez, Brian Mast, Cory Mills, Anna Paulina Luna, Greg Steube, Mike Waltz, DeSantis, Vern Buchanan, John Rutherford, Daniel Webster, Donalds, Ditto, Gaetz, Kim Reynolds, Reynolds Organizations: Trump, Fair ., Fair . Florida Gov, Service, Nine, Fair, Florida, Des Moines Register, Florida U.S, House, Capitol, Iowa, Iowa Gov Locations: Florida, Iowa, Fair . Florida, Wall, Silicon, Nine Florida, DeSantis

☆ With college bills due soon, families should know the risks of private student loans
▼ + stars: | 2023-08-07 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

But, Kantrowitz said, "borrowing private loans may be a sign of overborrowing, so they should do so with caution." Scott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal and private lenders, said private student loans can fill the gap for those who've exhausted federal aid and scholarships. "We almost always advise against private loans," Mayotte said in an earlier interview. She also described severe terms private lenders may enforce. watch nowAs Mayotte pointed out, many private lenders require students to get a cosigner who is equally liable for the debt.

Persons: Carlo Prearo, Max, Kantrowitz, Scott Buchanan, Buchanan, Betsy Mayotte, there's Organizations: Istock, Getty, U.S . Department of Labor's, Student Loan, Alliance, The, Student Loan Advisors Locations: Mayotte

☆ William Friedkin’s Final Film to Premiere at the Venice Film Festival
▼ + stars: | 2023-08-07 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +1 min

Adapted from the Pulitzer Prize-winning novel by Herman Wouk, “The Caine Mutiny Court-Martial” follows the trial of a naval officer (played by Jake Lacy) who is accused of leading a mutiny against his unstable commander (Kiefer Sutherland). The story was first adapted for the 1954 film “The Caine Mutiny,” which was nominated for seven Oscars including best picture. Though that film and Wouk’s novel take place during World War II, Friedkin contemporized the story and relocated the action to the Persian Gulf. “The Caine Mutiny Court-Martial” is Friedkin’s 20th narrative film and his first since 2011’s “Killer Joe,” which starred Matthew McConaughey. In the interim, Friedkin directed a documentary, “The Devil and Father Amorth,” about a purported real-life exorcism.

Persons: William Friedkin, Friedkin, “, ”, Herman Wouk, Jake Lacy, Kiefer Sutherland, Joe, Matthew McConaughey, Amorth Organizations: Paramount, Showtime, Venice Film Locations: Venice, Persian

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