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Read previewFor Wall Street, policy — not politics — is the motto leading up to November. Death and taxesUnsurprisingly, tax policy is at the top of money managers' minds, according to Frank Kelly, senior political strategist at DWS. The filibusterThere's an under-the-radar issue keeping portfolio managers up at night: the elimination of the filibuster, according to Kelly's conversations with clients. Wall Street analysts expect a very close election, and even a minute change could be enough to push the needle on the outcome for either candidate. Given how important gridlock is to the market, there's not enough conversation around the impacts of eliminating the filibuster, Kelly believes.
Persons: , Kamala Harris, Donald Trump, DWS, Frank Kelly, Harris, Trump, David Bianco, Bianco, Goldman Sachs, Chuck Schumer, Kelly, Monica Guerra, Morgan Stanley, Morgan Stanley Wealth Management's, it's, Jack Ablin, Washington doesn't Organizations: Service, Asset Management, Business, Trump, Jobs, DWS, Wall Street, Morgan Stanley Wealth, Cresset Capital Management, White, Washington, Democrats, Republicans Locations: DWS Americas
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTiPhone 16 Pro Apple Inc.Apple's iPhone 16 family of phones will hit shelves on Friday. Ahead of their launch, I've spent the past five days been testing the high-end iPhone 16 Pro Max. Here's what you need to know about the new iPhone 16 Pro Max, as of now. The iPhone 16 Pro Max has the best battery life of any iPhone yet. Apple Intelligence photos Apple Inc.Another Apple Intelligence feature can help you create movie memories, which are little snippets of photos and videos set to music.
Persons: I've, Max, It's, it's, Siri, Ming, Chi Kuo, I'm, MagSafe, They're, Tim Cook, what's, Jiang Jiaqiang, There's, Siri doesn't, Steve Jobs, Manuel Orbegozo Organizations: Apple Inc, Apple, Apple Intelligence, TF Securities, Barclays, Apple Intelligence Apple Intelligence, Steve, Reuters Locations: Apple's Mail, Boston, Cupertino , California
Although I hit this financial milestone, there are some frugal habits that I will never give up:1. Thanks to that mindset, I'm still very cautious about my credit card usage. I always pay off the credit card balance every month to avoid paying additional interest. Ultimately, these frugal habits help us put our resources towards the things that matter the most to us. He was raised with frugal habits and by practicing wise money decisions, became a millionaire in his 30s.
Persons: , I'm, frugality, I've, Vue, Randy Pausch, Jonathan Sanchez Organizations: Parent Locations: Omaha
We have a handful of them in the Club's portfolio, led by Best Buy . The five Club stocks with the biggest dividend yields fit the bill: Best Buy, Morgan Stanley , Coterra Energy , Stanley Black & Decker and Wells Fargo . Best Buy, Stanley Black & Decker and Wells Fargo are the best positioned of the five top-yielding Club stocks. "Morgan Stanley is now in no man's land: Too low to sell, too high to buy," Jim said. Customers look at appliances for sale at a Best Buy store in Miami, Florida, Oct. 8, 2021.
Persons: we're, Morgan Stanley, Stanley Black, Decker, Wells, Wells Fargo, Jim Cramer, Jim, Charlie Scharf, Coterra, it's, Jim Cramer's, Joe Raedle Organizations: Best, Coterra Energy, BBY, JPMorgan, Texas, Jim Cramer's Charitable, CNBC, Getty Locations: U.S, Wells Fargo, Miami , Florida
At the end of Tuesday's Snap Partner Summit keynote, CEO Evan Spiegel introduced a major upgrade to the company's augmented reality glasses. AdvertisementHe added, "AR glasses have see-through lenses. SnapAlthough Spiegel threw shade at headset rivals, Snap will have a lot to prove in the smart glasses space. The glasses Snap unveiled are cordless, unlike the Vision Pro headset. The Quest 3 completely covers the eyes, but Spiegel said Spectacles have see-through lenses that become tinted in sunlight.
Persons: , Evan Spiegel, you've, Spiegel, Snap, Leo Gebbie Organizations: Service, Business, Meta, Reality Labs, CCS Insight, CNBC, Vision, VR
And yet an unusual air of uncertainty overhangs this week's meeting: It’s unclear just how large the Fed’s rate cut will be. Wall Street traders and some economists foresee a growing likelihood that the central bank will announce a larger-than-usual half-point cut. Many analysts foresee a more typical quarter-point rate cut. This week's move is expected to be only the first in a series of Fed rate cuts that will extend into 2025. Over time, Fed rate cuts should lower borrowing costs for mortgages, auto loans and credit cards, as well as for business loans.
Persons: Donald Trump's, Kamala Harris, Jerome Powell, , Powell, Jackson, Freddie Mac Organizations: WASHINGTON, , Federal Reserve, Wall Street, Companies, Associated Press Locations: Jackson Hole , Wyoming
The series, a spinoff of ABC's wildly successful show "The Golden Bachelor," centers on people in their golden years looking for their next great love. Joan, who competed for Gerry Turner's heart on "The Golden Bachelor," makes a return to the reality TV franchise as the first Golden Bachelorette. The widow and mom of four previously won over Bachelor Nation — and Gerry — on "The Golden Bachelor." Joan got relationship advice from Gerry before filming 'The Golden Bachelorette'Joan and Gerry on "The Golden Bachelor." Advertisement"Probably the best advice I got from Gerry," Joan told Business Insider ahead of the series premiere Wednesday night.
Persons: , Joan Vassos, Joan, Gerry Turner's, Nation —, Gerry —, Gerry, John Fleenor, Gilles Mingasson, John, there's Organizations: Service, Business, Nation, Disney, ABC Locations: Hulu
The decision marks a significant shift from Amazon's earlier policy, which required employees to badge in three days a week. Following the announcement, anxious workers have flooded LinkedIn and X feeds with posts wondering if their companies would be next to get rid of flexible work arrangements. Just one-third (33%) of U.S. companies require employees to come to the office five days a week, according to recent data from Flex Index, a platform that tracks companies' flexible work policies. Under 10% of tech companies with more than 1,000 employees have such a requirement. "We might see other smaller tech companies follow Amazon's lead, but most will continue sticking to some kind of hybrid arrangement," he says.
Persons: Andy Jassy, Jassy, we've, Dan Kaplan, haven't, Brian Elliott, hasn't, Kaplan, Elliott, we'll Organizations: Amazon.com Inc, Amazon, Citigroup, Walmart, UPS, Kastle Systems, Flex, Workers, Employees Locations: Seattle , Washington, lockstep, U.S
Even as teenagers, the three Alexander brothers were notorious for being predatory, according to multiple people who knew them at the time. AdvertisementHofeldt said she'd seen the Alexander brothers around at parties before she met them during the 2003-2004 school year. Several months after the assault, Hofeldt invited the brothers' friend Julian Cohen to her house in the middle of the night. Oren Alexander and Howard Lorber at a party at Sir Ivan's Castle in the Hamptons in July 2011. The Alexander brothers have been accused by multiple people of assaulting women in tandem on numerous occasions.
Persons: she'd, Oren, Alon Alexander, Alon, , Aaron Davidson, Alexander, Tal, Douglas Elliman, Kate Whiteman, Rebecca Mandel, Whiteman, Mandel, Angelica Parker, Renée Willett, Evan Torgan, Hunter Abrams, James, Shlomy, Orly, Michael M, Abby Hofeldt, choo, Rae Rae, Hofeldt, clotheslined, Gavin, they'd, Hofeldt's, Margo Hofeldt, Abby, Julian Cohen, Felix Cohen, Shlomy Alexander, Elliman, Douglas, Howard Lorber, Lorber, Oren Alexander, Steven Henry, Sir Ivan, Howard, Howard's, Oren's, James Ferraro, Ferraro, Ken Griffin, Bart's, Dina Goldentayer, Sean Zanni, Patrick McMullan, Barbara Fox, Beckford, Fox, Douglas Elliman's Erik Schneider, Jeff Miller, Brown Harris Stevens, Ken Griffin's, Griffin, Tal didn't, Douglas Elliman's, Gary Hershorn, Tal masturbated, texted Oren, Oren didn't, hadn't, Justin Ross Lee, he'd, Scott Roth, Lee, Matthew Peyton, Beth, Alon messaged Beth, Instagram, Beth messaged Alon, Beth Beth's, Floyd Mayweather Jr, Conor McGregor, Michael Stern, Stern, Mayweather, McGregor, Marc Patrick, what's, Sara Militello, Nicole Oge, Deanna Paul, Daniel Geiger Organizations: East Hampton, Business, Getty, Deal, FBI, Street Journal, Kent Security, Krop, High School, North Miami Beach, Miami Country Day, Miami Country Day School, Bacardi, University of Colorado, University of Maryland, Hofstra University, Sir, Hamptons, Manhattan, Forbes, Miami Beach, Douglas Elliman's, Real, New York Fashion, Art Basel, Vogue, Bath Club Estates, New York, Fox Residential, Board, New, Faena, Street, BI, Miami Herald, Tal, Peaceman Productions, UFC, Las Vegas, JDS, Brooklyn Tower, Stern of JDS, New York Post Locations: Long, Florida, Soho, Las Vegas, New York City, New York, Miami, South Florida, Orly Alexander, Israel, North Miami, Krop, Aventura, Hofeldt, Boulder, Sir Ivan's, Manhattan, Dominican Republic, Malibu, St, Brazilian, Elliman, Bath, New, Corcoran, Southampton, Water, East Hampton, Instagram, Teterboro , New Jersey, Las, Vegas, Teterboro, Brooklyn, what's
CNBC's Jim Cramer on Wednesday discussed the repercussions of the Federal Reserve's interest rate cuts on the technology sector, saying he thinks they hinder tech stocks because the companies don't necessarily stand to benefit from lower rates. "With a double-sized rate cut that everybody already expected, you aren't gonna see a huge run in tech. Unlike companies in the retail or housing sector, large tech companies are largely divorced from the consumer and the labor market, and cater to the enterprise, he added. Consumer-oriented companies may be the ones to own during this cutting cycle, Cramer suggested, even though tech stocks can still be winners with rates coming down. "On days like today, we want the companies that desperately needed a rate cut, because they just got what they wished for," Cramer said.
Persons: CNBC's Jim Cramer, Cramer, Wall Organizations: Fed, Big Tech, Consumer Locations: San Francisco
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementWhen we had kids, everyone was like, "Oh, you're never going to be able to travel anymore now that you have kids." Children belong in business class like any other passenger who has paid to be thereWe've only flown business class when we have points to fly business class. Oftentimes, it's more comfortable for families to be in business class anyway. Thinking that adults own business class is not right.
Persons: , Monet Hambrick, Monet, James Hambrick — Jordyn, Kennedy, I'm, I've, Hambrick, they've, You'll Organizations: Service, Business, University of Florida Locations: Jamaica, United States, Italy, Greece, America, Colombia
Read previewUkrainian forces used long-range drones to strike a key Russian ammunition depot overnight, destroying missiles, bombs, and artillery. The warehouse was "literally wiped off the face of the earth," the source said, according to a translation of their remarks. AdvertisementAn image of the Toropets facility on September 7. The facility after the Ukrainian attack on Wednesday. A former Ukrainian military officer who goes by the social media handle Tatarigami called the Toropets attack "a very significant achievement."
Persons: , Russia's, Volodymyr Zelenskyy Organizations: Service, Security Service, Ukraine, Business, Arsenal GRAU, GRAU Arsenal, Defense Forces, Maxar Technologies, Technologies Locations: Toropets, Russia's, Tver, Moscow, Ukraine, Belarus, Tver Oblast, Russia, Ukrainian, Kyiv
How Fed rate cuts affect the global economy
  + stars: | 2024-09-18 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com   time to read: +4 min
The Federal Reserve's interest rate decisions can influence the trajectory of the U.S. economy. Changes to the Fed's interest rate can influence the cost of loan products such as mortgages and the value of cash, bonds and stocks. The Federal Reserve's decision to cut interest rate comes after months of shaky labor market data in the U.S. Fed decisions can also impact foreign exchange markets given their effect on the value of U.S. dollars, the global reserve currency. Economists at the Fed write that China's central bank has managed the value of the yuan to help the country achieve its goals on trade.
Persons: Gregory Daco, Federal Reserve Board they're, Reena Aggarwal, they've, Freya Beamish, Beamish Organizations: Federal, Market Committee, International Monetary Fund, U.S, European Central Bank, IMF, Federal Reserve Board, Georgetown, Psaros, CNBC, People's Bank of, Federal Reserve, TS Lombard Locations: U.S, EY, United States, People's Bank of China, China
This story is available exclusively to Business Insider subscribers. Vital PursuitThe meals cost less than $5 and are available at retailers including Target and Walmart, starting Wednesday, according to the company. These small meals, branded as protein-rich, are designed to help GLP-1 users lose more fat, and less muscle. "We want to be a brand for those 82% of Americans who are managing their weight," Stoehr told Business Insider, referencing a Morgan Stanley report. "These meals seem like a decent option... but not a great one," Malloy wrote in an email to Business Insider.
Persons: , Nestlé, Kristen Stoehr, Stoehr, Morgan Stanley, We're, Alix Turoff, Mike Molloy, Hilary Brueck, I've, I'd, Turoff, Malloy, It's, that's, I'm, Nestlé's, Marlene Schmidt, Morgan Stanley's Organizations: Service, Business, Target, Walmart Locations: Nestlé, New York
Mark Zuckerberg's daughter told him that she wanted to be like Taylor Swift when she grew up. That's not available to you,'" Zuckerberg said he told his daughter. Go to newsletter preferences Thanks for signing up! AdvertisementMeta CEO Mark Zuckerberg says his seven-year-old daughter once told him that she wanted to be like Taylor Swift when she grew up. Zuckerberg brought up a conversation he had with his daughter, August, during a live interview on the "Acquired" podcast.
Persons: Mark Zuckerberg's, Taylor Swift, Zuckerberg, Swift, , Mark Zuckerberg, Priscilla Chan Organizations: Service, Business
The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election, ending months of speculation about whether the labor union would back Republican Donald Trump or Democrat Kamala Harris. With 1.3 million members, the Teamsters union is one of the largest labor groups in the country. "As the strongest and most democratic labor union in America, it was vital for our members to drive this endorsement process. In a national survey of Teamsters members conducted after the Sept. 10 presidential debate, union members overwhelmingly backed Trump over Harris, 58% to 31%, according to results published by the union ahead of its formal endorsement. "'Right to work' laws only exist to try to kill labor unions," Teamsters General Secretary-Treasurer Fred Zuckerman said in the statement.
Persons: Sean O'Brien, Republican Donald Trump, Kamala Harris, Harris, O'Brien, it's, Trump, Joe Biden, Biden, Fred Zuckerman, O'Brien —, Lauren Hitt Organizations: International Brotherhood of Teamsters, UPS Teamsters, UPS, Brotherhood of Teamsters, Wednesday, Republican, Trump, Teamsters, Big, Democratic, Republican National Convention, Republicans, Independents, International Union, Railway Labor, Union, Democratic National Convention, RNC, CNBC, New York City Locations: Brooklyn , New York, America, New York
The most painful scene for Natasha Rothwell to write in her new Hulu series "How to Die Alone" was the most personal one. And now, finally, Rothwell is in a starring role — one she wrote herself, that weaves hard-won lessons from her personal life into her character's story. Natasha Rothwell with Jennifer Coolidge in season one of "The White Lotus." I'm supposed to help a white protagonist get theirs and you know very little about me," Rothwell tells BI. I think that is one option for sure, but I think life is less rich and there's less joy that you have access to if you don't allow yourself to risk being vulnerable.
Persons: Natasha Rothwell, Mel, she's, It's, Rothwell, Issa Rae's, , Kelli Prenny —, Jennifer Coolidge, Mario Perez, I'm, Marissa Evans, aloneness, it's, we're, Ian Watson, We've, Nancy Meyers, Nora Ephron, Kamala, unapologetically, you've, let's, I've, pleaser Organizations: Service, HBO, Peabody, Hulu Locations: Bronx, Japan, Thailand
Bulletproofing America’s Classrooms
  + stars: | 2024-09-18 | by ( Emily Baumgaertner | Alex Kalman | ) www.nytimes.com   time to read: +11 min
Ballistic armor companies are marketing protective products designed for the military to parents and schools. A snippet from a series of demonstration video on First Line Furniture's website. Bulletproof Collapsible Safe RoomsA snippet from a demonstration video on the KT Security Solutions website. Still, with another back-to-school season in full force, some educational leaders are deeply troubled by the proliferation of armored products. “Arm us with books, counselors and resources, not bulletproof vests,” said Randi Weingarten, president of the American Federation of Teachers.
Persons: , McGraw Hill, , Dewey Cornell, Steve Naremore, you’re, ’ ”, I’m, , Kenneth Trump, , Carrie Gaines, Gunnar, Hardwire, Trump, James Bond, Aaron Taormino, Seals, Mr, Daniel Leventry, ’ It’s, we’ll, J.C, Velazquez, Let’s, Ross Kaelin, Steven Lamkin, Randi Weingarten Organizations: National Institute of Justice, , University of Virginia, Atomic Defense, Tuffy, New York Times, Lineville Elementary, KT, Solutions, KT Security Solutions, 3M, Covenant School, Salisbury Christian School, Police, American Federation of Teachers Locations: United States, Uvalde , Texas, America, Redding, Calif, Parkland, Tampa , Fla, , Alabama, Nashville, Tenn, Maryland, Salisbury, Md, hardwirellc.com
When I was in my mid-30s and working in the corporate world, I thought that 55 would be a good age to retire. Now I'm 62, and I have no plans to retire, despite the fact that friends and even my wife are stepping back from their long-term careers. I focus on the parts of work that bring me joyBecause I own my own business, I have a lot of control over my working environment. I've carefully selected employees who can keep things running even when I'm away from work. When I'm traveling, I'm entirely unplugged, able to join Kate in her retirement mindset.
Persons: David B, Horne, I'm, they've, Kate, we've, I've Organizations: Service, Business Locations: Greece, Canada
Follow her on Instagram, Facebook and X.CNN —It’s a familiar struggle in many households: trying to pry kids’ phones away before bedtime. But the research indicates that kids using their phones once they are under the covers is a bad idea. Using phones in interactive ways under the covers — for things such as gaming and multitasking — was worse for kids’ sleep than using it more passively, for things such as watching movies. Instead, parents might consider taking kids’ phones away before bed and returning them in the morning. This new research is a reminder that there are commonsense ways to help kids avoid the major dangers of using their phones.
Persons: Kara Alaimo, CNN — It’s, , , Bradley Brosnan, Brosnan, it’s, It’s, Carrie Goldberg, Goldberg, who’ve Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, American Academy of Pediatrics, Pediatrics, University of Otago Locations: New Zealand, FaceTime, New York City
Unlike previous years, when the Pro was clearly more updated than lesser models, the basic iPhone 16 has more notable upgrades. The iPhone 16 comes with the customizable Action button that was previously exclusive to iPhone 15 Pro models. AdvertisementThe iPhone 16 starts at $799, and the iPhone 16 Plus costs about $899. "The key factor is the lower-than-expected demand for the iPhone 16 Pro series," he wrote. The iPhone 16 and iPhone 16 Plus come in five colors: ultramarine, teal, pink, white, and black.
Persons: , Pro Max, bode, Cherlynn, Nilay Patel, Chi Kuo, Kuo, Siri, Max, Allison Johnson Organizations: Service, Pro, Business, Apple, Apple Intelligence Locations: Taiwan
Learn moreUtah's Real Housewives return to TV tonight, and we'll show you everything you need to know about where to watch The Real Housewives of Salt Lake City, including international viewing options. First released in 2020, The Real Housewives of Salt Lake City is one of the more recent additions to the popular Real Housewives franchise. Where to watch the Real Housewives of Salt Lake City in the USThe new season of The Real Housewives of Salt Lake City airs Wednesday at 9 p.m. Check price at Peacock TVWhere to watch the Real Housewives of Salt Lake City in other countriesInternational Real Housewives fans in the UK, Australia, or other countries can stream The Real Housewives of Salt Lake City via Hayu. Real Housewives of Salt Lake City Season 5 trailerBravo released a sneak peek of the new season in August.
Persons: Lisa Barlow, Heather Gay, Meredith Marks, Whitney Rose, Angie Katsanevas, Jen Shah's, Mary Cosby, Bronwyn Newport, We've, Peacock, ExpressVPN, Bravo Organizations: Business, Housewives, Real, Real Housewives, Salt Lake City, Bravo, Sling, TLC, Fubo, NBC, Amazon Locations: Salt Lake City, Utah, Salt, City, Salt Lake, USA, RHOSLC, Australia, Hayu
Read previewThe idea to move from New Jersey to Buenos Aires came to me one afternoon while watching the Diego Maradona (famed Argentine soccer player) biopic series on Amazon Prime. Within a year, I had enough to book a one-way United flight to Buenos Aires for 33,000 miles (plus $5 in taxes). AdvertisementMy points took me all around Argentina — and into other South American countriesMy home base for the next seven months was Buenos Aires in Argentina. One of the highlights of my seven months abroad was celebrating Argentina's World Cup win at the Obelisco Buenos Aires and chanting the national song alongside 5 million local fans. They don't pay for everything, but they make massive undertakings (like moving abroad for seven months) more seamless than ever before.
Persons: , Diego Maradona, Anny, I've, El, São Paulo, Anny Caba, Mendoza Organizations: Service, Amazon Prime, Business, Venture, United Airlines, Argentina — Locations: New Jersey, Buenos Aires, Argentine, Dominican, Argentina, South America, Brazil, Chile, Bariloche, Iguazu, Mendoza, Ushuaia, Rio de Janeiro, Dominican American Spanish, Anny
Harris responded that she’d cap child care costs at 7% of working families’ income, following the Biden administration playbook that she was heavily involved in writing. “My plan is that no family, no working family, should pay more than 7% of their household income in child care,” Harris said Tuesday at a National Association of Black Journalists event, noting that steep child care expenses make it difficult for many parents to work. Child care advocates were buoyed by Harris’ answer on Tuesday. Parents with two kids in a child care center paid on average at least twice as much for that care as they did for the typical rent in 11 states and the District of Columbia in 2023, according to a Child Care Aware of America report released in May. That equates to 10% of median household income for a married couple with children and 32% of median income for a single parent with children, Child Care Aware found.
Persons: Donald Trump, Sen, JD Vance, Kamala Harris, Harris, Biden, playbook, ” Harris, Joe Biden’s, , Harris ’, Melissa Boteach, ” Boteach, Trump, Vance, Charlie Kirk, you’re Organizations: CNN, National Association of Black Journalists, Congressional, Office, Department of Health, Human Services, National Women’s Law, District of Columbia, Nationwide, Economic, of New Locations: trillions, of New York, Arizona
Ben Higgins tried to parlay his Bachelor success into a political career, but the campaign didn't last long. The focus on Bachelor Nation also makes sense given the franchise's viewership is dominated by one of the most crucial swing votes of recent elections: white women. In the past two presidential elections, white women were the most closely split demographic subgroup tracked by major exit polls. In 2016, Donald Trump won over 52% of white women against Hillary Clinton's 43%, exit polls found, while Trump bested Joe Biden in 2020 among white women 55% to 44%. The overlap between the swingiest demographic and the "Bachelor" audience suggests Bachelor Nation has value to those who seek to lead our nation.
Persons: Ben Higgins, Charming, Higgins, He's, that's, Acierto, Young Sheldon, Joey Graziadei's, Graziadei, Doug Emhoff, Kamala Harris, Chad Kultgen, Lizzy Pace, Pace, Harris, Kultgen, Joey Graziadei, John Fleenor, Walz, Big, YouGov, Donald Trump, Hillary Clinton's, Trump, Joe Biden, Hulu —, they're, Natasha Scott, Reichel, Rose, Scott, Claire Fallon —, , Becca Kufrin's, Fallon, Emma Gray, Garrett Yrigoyen, Kufrin, Yrigoyen, — Colton Underwood, — Fallon, Matt James, Rachael Kirkconnell, James ', Chris Harrison, it's, Justine Kay, Charity Lawson —, Joe Biden's, he's, Juliana Kaplan, Andy Kiersz Organizations: Disney, ABC, NFL, Valentine's, White, Daily, Nation, Pew Research, Trump, Hulu, Girls, Bachelor Nation Locations: American, Colorado, America, Atlanta, Quinnipiac, Georgia, North Carolina, Hulu, Washington
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