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☆ Here's everything you need to look for in Friday's July jobs report
▼ + stars: | 2023-08-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

The prime-age participation rate, for one, focuses on the 25-to-54 age group cohort. watch now"The durability of this labor market largely comes because we simply don't have the people," said Rachel Sederberg, senior economist for job analytics firm Lightcast. They don't even come close to the Baby Boomers who have left the labor market." Those measures include job data from alternative sources, the job openings count from the Labor Department, and the firm's own employer surveys. The trick, said Lightcast economist Sederberg, is for the labor market to be cooling but not crashing.

Persons: Jeff Greenberg, Jeffrey Roach, Roach, —, Covid, Rachel Sederberg, We've, X, Tom Garretson, Garretson, Goldman Sachs, Goldman, Spencer Hill, Hill, Sederberg, we've Organizations: Miami, Universal, Getty, Federal Reserve, LPL, Baby Boomers, RBC Wealth Management, RBC, Labor Department Locations: Miami Beach , Florida, Normandy Isle, 7ty, U.S

☆ 8 people charged with stealing 19 rental cars worth $1.1 million in an identity fraud scheme
▼ + stars: | 2023-07-29 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Eight people were indicted on charges that they defrauded a car rental firm by stealing 19 vehicles. Eight people have been indicted in St. Louis on charges that allege they stole at least 19 rental cars worth more than $1 million as part of an identity fraud scheme. According to the indictment, the suspects would reserve rental cars from the company using stolen credit card information and false identities. It added that the value of the stolen cars was just over $1.1 million. "This is just the tip of the iceberg when it comes to how criminals use people's stolen identities," said Jay Greenberg of the FBI St. Louis Division.

Persons: Louis, Tyrell Oliver, Jay Greenberg Organizations: Justice, Morning, Department of Justice, Court, BMW X7, GMC Yukon, Chevrolet, FBI, Louis, DoJ Locations: St, Clayton , Missouri, Midwest

☆ In a First, Louisville Taps a Black Woman to Lead Its Troubled Police Force
▼ + stars: | 2023-07-21 | by ( Orlando Mayorquin | ) www.nytimes.com time to read: +1 min

Louisville’s interim police chief, Jacquelyn Gwinn-Villaroel, will continue permanently in her role and take over a department that has been in turmoil since the 2020 police killing of Breonna Taylor and was excoriated this year in a scathing U.S. Department of Justice report. Ms. Gwinn-Villaroel, 49, will be the first Black woman to serve permanently as the Louisville Metro Police Department’s chief. She had been interim chief since January, after the resignation of her predecessor, Erika Shields, one of several recent leadership changes. “Over the past six months, Chief Gwinn-Villaroel has shown our city that she has exactly what I’m looking for in a chief and exactly what our community is looking for in a leader,” Mayor Craig Greenberg, who took office in January, said Thursday in a news release announcing her hiring. “She has extensive experience in law enforcement leadership and a record of reform.”Chief Gwinn-Villaroel, a 26-year law enforcement veteran, started with the department in 2021 as a deputy chief after having spent her entire career at the Atlanta Police Department.

Persons: Jacquelyn, Breonna Taylor, Erika Shields, Gwinn, Villaroel, Craig Greenberg, “ Organizations: Department of Justice, Louisville Metro Police Department’s, ”, Atlanta Police Department

☆ Carvana's business model has yet to be proven, says Empire Financial's Herb Greenberg
▼ + stars: | 2023-07-19 | 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 EmailCarvana's business model has yet to be proven, says Empire Financial's Herb GreenbergHerb Greenberg, senior editor at Empire Financial, joins 'The Exchange' to discuss why Carvana shares are jumping following a $1.2 billion debt deal, short sellers betting on Carvana, and disruption due to meme stock investors.

Persons: Financial's Herb Greenberg Herb Greenberg Organizations: Empire Financial

OTTAWA, July 18 (Reuters) - Canada's annual inflation rate dropped more than expected to a 27-month low of 2.8% in June, data showed on Tuesday, led by lower energy prices while food and shelter cost increases persisted. Month-over-month, the consumer price index was up 0.1%, Statistics Canada said, which was also lower than the 0.3% forecast. "Inflation is definitely moving in the right direction, but we're seeing stickier and more persistent core measures," said Michael Greenberg, senior vice president and portfolio manager at Franklin Templeton Investment Solutions. The average of two of the Bank of Canada's (BoC) core measures of underlying inflation, CPI-median and CPI-trim, came in at 3.8% compared with 3.9% in May. "The Bank of Canada's preferred measures of core inflation, which exclude significant moves in individual categories, show that underlying price pressures remain sticky," said Royce Mendes, head of macro strategy at Desjardins Group.

Persons: stickier, Michael Greenberg, Royce Mendes, Mendes, We're, Jules Boudreau, Ismail Shakil, Steve Scherer, Fergal Smith, Nivedita Balu, Dale Smith, Will Dunham, Alexandra Hudson Organizations: OTTAWA, Reuters, Statistics, Bank of Canada's, Franklin Templeton Investment Solutions, Canada's, Desjardins Group, The Bank of Canada, Mackenzie Investments, Canadian, Alexandra Hudson Our, Thomson Locations: Statistics Canada, Mackenzie, China, Ottawa, Toronto

Kelly Hanna’s leg was amputated on a summer day in 2020, after a Michigan doctor who called himself the “leg saver” had damaged her arteries by snaking metal wires through them to clear away plaque. Her podiatrist referred Ms. Hanna to Dr. Jihad Mustapha. Over 18 months, he performed at least that many artery-opening procedures on Ms. Hanna’s legs, telling her they would improve blood flow and prevent amputations. They didn’t — for Ms. Hanna or many of his other patients. An insurance company told state authorities that 45 people had lost limbs after treatment at his clinics in the past four years.

Persons: Kelly Hanna’s, Hanna, Dr, Jihad Mustapha, —, Mustapha Organizations: Surgeons, The New York Times Locations: Michigan

☆ 27,000-year-old pendants crafted from the skin of extinct giant sloths could help rewrite the human history of the Americas
▼ + stars: | 2023-07-15 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Researchers found what appeared to be pendants made from the now-extinct giant sloth. It suggests humans lived in South America thousands of years earlier than previously thought. "It's very likely that multiple waves of people came to Americas," she said, according to The AP. Giant ground sloths could reach 13 feet long, weighed more than a thousand pounds and were equivalent in size to an Indian elephant. It walked on all fours and was one of the largest creatures in South America, per the report.

Persons: Mirian Liza Alves Forancelli Pacheco, Jeffrey Greenberg, Briana, paleoanthropologist Organizations: Service, Royal Society B, Royal, North America, Federal University of Sao, Associated Press, Universal, AP, Smithsonian Institution's National, of Locations: South America, Wall, Silicon, Siberia, Alaska, South, North, Federal University of Sao Carlos, Brazil, Florida, Americas, Washington

☆ This market has no conviction so anything is possible, says Herb Greenberg
▼ + stars: | 2023-07-11 | 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 EmailThis market has no conviction so anything is possible, says Herb GreenbergHerb Greenberg, Empire Financial senior editor, and Kathryn Rooney Vera, StoneX chief market strategist, joins 'Last Call' to talk why the bears got this market so wrong and how to play the second half of the year.

Persons: Herb Greenberg Herb Greenberg, Kathryn Rooney Vera Organizations: Empire Financial

☆ Watch CNBC's full interview with Herb Greenberg and Kathryn Rooney Vera
▼ + stars: | 2023-07-11 | 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 EmailWatch CNBC's full interview with Herb Greenberg and Kathryn Rooney VeraHerb Greenberg, Empire Financial senior editor, and Kathryn Rooney Vera, StoneX chief market strategist, joins 'Last Call' to talk why the bears got this market so wrong and how to play the second half of the year.

Persons: Herb Greenberg, Kathryn Rooney Vera Herb Greenberg, Kathryn Rooney Vera Organizations: Empire Financial

☆ Startup studio Fractal created 130 companies in 3 years. Founders say the deal structure has led VCs to 'blacklist' them.
▼ + stars: | 2023-06-29 | by ( Melia Russell | Stephanie Palazzolo | ) www.businessinsider.com time to read: +19 min

www.fractalsoftware.comOf the dozens of Fractal startups that have raised a seed round of funding, about half had Bienville Capital lead the deal, according to people familiar with the matter. Others say they knew what they were getting into with a venture studio, where a large ownership position is standard. Brendan Smialowski/AFP via Getty ImagesThe biggest draw for some Fractal founders was its plug-and-play approach. The founder of one Fractal startup remembered a time when his company was struggling to grow its customer base. That firm is raising a new $325 million fund to provide additional funding to Fractal companies exclusively, according to a person familiar with the effort.

Persons: Fractal's, he'd, they'd, Andreessen Horowitz, Mike Furlong, Nate Baker, Bienville, —, Brendan Smialowski, Founders, Angela Lee, Furlong, Baker, Ezra Shaw, who'd, who's, It's, Lee, She's, 8VC, Bain, Jeff Greenberg, Omri Bloch, who've, didn't, Stephanie Palazzolo, Melia Russell Organizations: Flatiron Health, Bienville, Insight Partners, Bienville Capital, Getty, Columbia Business School, Alpha, Midwest, Science, Olympic Club, Tiger Global, Craft Ventures, Founders, Vertical Venture Partners, Zag, Crew Capital, Bain Capital, Universal, Foundation, Fifth Locations: Bienville Capital, New York, Bienville, Indio, AFP, Santa Monica , California, Miami, San Francisco, GreenSpark, Columbia, Barti, Aktos, Bessemer, 8VC

☆ Democratic lawmakers seek Supreme Court investigation into Clarence Thomas
▼ + stars: | 2023-06-27 | by ( Jonathan Allen | ) www.cnbc.com time to read: +4 min

Associate Justice Clarence Thomas, left, talks to Chief Justice John Roberts during the formal group photograph at the Supreme Court in Washington, DC, US, on Friday, Oct. 7, 2022. A group of 18 House Democrats wrote a letter to Chief Justice John Roberts Tuesday urging him to establish an independent investigative arm within the Supreme Court — and pressing for that office to probe Justice Clarence Thomas' relationship with a wealthy GOP donor. The Goldman letter recommends the establishment within the court of an "independent investigative body" that can provide transparency and accountability by probing "alleged ethical improprieties." After the Thomas story broke in April, Roberts declined Senate Judiciary Chairman Richard Durbin's request for him to appear before the panel to discuss Supreme Court ethics. Roberts is under no obligation to respond to the Goldman letter, much less create new institutions within the court.

Persons: Clarence Thomas, John Roberts, Dan Goldman, Roberts, ProPublica, Thomas, Harlan Crow's, Samuel Alito, Paul Singer, Neil Gorsuch, Greenberg Traurig, Goldman, Alito, Mitch McConnell, Justice Thomas, Richard Durbin's Organizations: Democrats, Rep, NBC, GOP, Politico, Democratic, Republican Locations: Washington , DC, Alaska, Ky

☆ What to expect from work the next time faraway wildfires poison your commute
▼ + stars: | 2023-06-25 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +5 min

It may have helped Google to make a decision that many other East Coast employers did not that California-based companies have more experience with hazardous air quality issues. But one thing is certain: companies and workers should expect these wildfire-related air quality issues to return. The decisions companies make on these matters have significant legal and employee satisfaction ramifications, especially given the potential for future air quality issues. Air quality is becoming a broad employee health issue Between Covid, wildfires, radon and other environmental issues, there's been an increased awareness among employers and commercial real estate firms of the importance of air quality. Broadly speaking, companies need to be asking whether the systems they have in place are "adequate to ensure protection and safe air during very bad air quality events," he said.

Persons: David Dee Delgado, didn't, Eric Adams, Sedina Banks, Greenberg, Charles Simikian, Sara H, Dickinson Wright, it's, there's, Thomas Brugato, Nathan J, Oleson, Akin Gump, James Carbone Organizations: Summit, Vanderbilt, Getty, Google, New York, Safety, Health Administration, HR Partners, OSHA, Burling, Newsday Locations: Canada, New York, California, Asia, York, East, Maryland, Los Angeles, Washington, Covington, Islandia , New York

☆ Nonprofit Health System Pauses Policy of Cutting Off Care for Patients in Debt
▼ + stars: | 2023-06-09 | by ( Sarah Kliff | Jessica Silver-Greenberg | ) www.nytimes.com time to read: 1 min

Allina Health, a large nonprofit health system based in Minnesota, announced on Friday that it would stop withholding care from patients with outstanding medical debt as it “re-examines” its policy of cutting off services for those who have accrued at least $4,500 in outstanding bills. The health system will now temporarily halt this practice but will not restore care for indebted patients who have already lost access. Although Allina’s hospitals treated anyone in emergency rooms, other services were cut off for indebted patients, including children and those with chronic illnesses like diabetes and depression, The New York Times reported last week. Patients weren’t allowed back until they had paid off their debt entirely. Allina’s chief executive, Lisa Shannon, called the move a “thoughtful pause” while the company re-examined the policy.

Persons: “, weren’t, Lisa Shannon Organizations: New York Times Locations: Minnesota

☆ Who is Special Counsel Jack Smith in the Trump documents case?
▼ + stars: | 2023-06-08 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +4 min

WASHINGTON, June 8 (Reuters) - Jack Smith, the U.S. special counsel who has pursued criminal charges against former President Donald Trump over retention of classified government records, has earned a reputation for winning tough cases against war criminals, mobsters and crooked cops. This case is unlike any other that Smith has brought because of who is being charged. One of the two investigations that Smith took over involved Trump's handling of classified documents he retained after leaving the White House in January 2021. Trump's own attorney Evan Corcoran emerged as a key witness in the documents investigation. In 2008, Smith left to supervise war crime prosecutions at the International Criminal Court in The Hague.

Persons: Jack Smith, Donald Trump, General Merrick Garland, Smith, Attorney Bragg, Mark Lesko, Greenberg Traurig, Trump, Joe Biden's, Evan Corcoran, Corcoran, Mike Pence, Robert Morgenthau, Morgenthau, Todd Harrison, McDermott Will, Emery, Harrison, Charles Schwarz, Abner Louima, Ronell Wilson, Salih Mustafa, Sarah N, Lynch, Andy Sullivan, Will Dunham Organizations: U.S, Trump, Manhattan, Attorney, Attorney's, White, Harvard Law School, New, New York City, York City, Criminal, Justice Department, Kosovo Liberation Army, Thomson Locations: New York, Washington, Brooklyn, York, The Hague, Kosovo, Serbia

☆ Google, Palantir and Meta are great companies to ride the A.I. wave: Deepwater Asset's Gene Munster
▼ + stars: | 2023-06-06 | 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 EmailGoogle, Palantir and Meta are great companies to ride the A.I. wave: Deepwater Asset's Gene MunsterHerb Greenberg, Empire Financial research editor, and Gene Munster, Deepwater Asset Management managing partner, join 'Power Lunch' to discuss A.I., virtual reality, and crypto and how to distinguish between tech fads and the future.

Persons: Asset's Gene Munster Herb Greenberg, Gene Munster Organizations: Google, Asset's, Empire Financial, Deepwater Asset Management

☆ This Nonprofit Health System Cuts Off Patients With Medical Debt
▼ + stars: | 2023-06-01 | by ( Sarah Kliff | Jessica Silver-Greenberg | ) www.nytimes.com time to read: +1 min

Nonprofit hospitals like Allina get enormous tax breaks in exchange for providing care for the poorest people in their communities. Allina has an explicit policy for cutting off patients who owe money for services they received at the health system’s 90 clinics. A 12-page document reviewed by The Times instructs Allina’s staff on how to cancel appointments for patients with at least $4,500 of unpaid debt. The hospital system cuts off patients only if they have racked up at least $1,500 of unpaid debt three separate times. “Allina Health’s goal is, and will always be, to have zero patients go without services for financial reasons,” Ms. Bergerson said.

Persons: Allina, Allina’s, ”, Matt Hoffman, Conny Bergerson, “ Allina, Ms, Bergerson Organizations: New York Times, The Times Locations: Vadnais Heights, Minn

☆ Y(A.I.) or N(A.I.): Which companies are true A.I. plays and which are jumping on the bandwagon
▼ + stars: | 2023-05-31 | 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 EmailY(A.I.) ): Which companies are true A.I. plays and which are jumping on the bandwagonHerb Greenberg, Empire Financial senior editor, joins 'Last Call' to decide Y(A.I.) on what companies are true A.I. plays and which ones are hopping on the bandwagon.

Persons: Herb Greenberg Organizations: Empire Financial

☆ Summer Is Coming. It’s Time to Check Your Feet.
▼ + stars: | 2023-05-26 | by ( Jancee Dunn | ) www.nytimes.com time to read: +1 min

For the past few months, my feet have been sheathed in socks and slippers — like cave fish, hidden from the light. In preparation, I carefully inspect every inch of my feet to ensure they are ready to show to the world. Suddenly swollen feet can indicate high blood pressure, said Dr. Kirk Geter, the chief of podiatry at Howard University Hospital. Swelling can also be a sign of gout or kidney problems, Dr. Geter added, while tingling and numbness in the feet can indicate diabetes. So each day, you should inspect the bottoms and tops of your feet — as well as between your toes — and wiggle your toes around, Dr. Geter said.

☆ Superstar Billy Graham, Model of the Buff, Blond Wrestler, Dies at 79
▼ + stars: | 2023-05-19 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

Superstar Billy Graham, a professional wrestler whose extravagant presence — 22-inch biceps, dyed blond hair, feather boas, tie-dyed tights and an outrageous gift of gab — influenced the style of future stars like Hulk Hogan and Jesse Ventura, died on Wednesday in Phoenix. The cause was sepsis and multiple organ failure, said Keith Elliot Greenberg, who collaborated with Graham on his autobiography. Graham’s longtime use of steroids had weakened his bones, requiring at least six hip replacements, and made him sterile. He also received a liver transplant in 2002 after contracting hepatitis C.“If you look at those that came after him, more people have patterned themselves after Superstar Billy Graham and become a success in this business than probably anybody,” Triple H, the superstar wrestler whose birth name is Paul Levesque, said at Graham’s induction into the WWE Hall of Fame in 2004. “And when it comes to bodies, there was nobody, and I mean nobody, that could touch the Superstar.”Graham, who was born Eldridge Wayne Coleman, had been an evangelist, a bodybuilder who bench pressed as much as 605 pounds, a defensive end in the Canadian Football League, a debt collector and a bouncer before turning to wrestling in 1970.

☆ IBM increasing A.I. investments with 'watsonx'
▼ + stars: | 2023-05-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIBM increasing A.I. investments with 'watsonx'Herb Greenberg, Empire Financial senior editor, joins 'Last Call' to discuss IBM's latest moves into A.I. and what it means for its competitors.

☆ Edward Burtynsky Views the Effects of Globalism From Above
▼ + stars: | 2023-05-05 | by ( Erica Ackerberg | ) www.nytimes.com time to read: 1 min

Kenyan residents sort scraps at the Dandora Landfill in Nairobi. Among the world’s largest recycling dumps, Dandora receives about 2,000 tons of industrial, agricultural, medical and commercial waste per day. Credit... Edward Burtynsky/Sundaram Tagore Gallery and Howard Greenberg Gallery, New York all rights reserved

☆ Spain's drought has pushed olive oil prices to a 26-year high — and they're expected to stick
▼ + stars: | 2023-05-04 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

When renowned Spanish-American chef José Andrés tweeted that eggs should be fried in olive oil a finger deep, one user commented: "Olive oil can be expensive at a finger deep. "Aldi olive oil spread used to 99p. According to data from the International Monetary Fund, global olive oil prices have hit $5,989.8 per metric ton, marking a 26-year high. The outbreak of war in Ukraine, which created a global shortage in sunflower oil, pushed up the demand for olive oil even more. "The outbreak of war in Ukraine, which created a global shortage in sunflower oil, pushed up the demand for olive oil even more," he added.

☆ Meme stock mania: Little-known Chinese stocks skyrocket
▼ + stars: | 2023-04-28 | 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 EmailMeme stock mania: Little-known Chinese stocks skyrocketHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Lydia Moynihan, New York Post, and Herb Greenberg, Empire Financial Research, join the show to discuss surging yet little-known Chinese meme stocks.

☆ Those Melatonin Gummies May Have More Than You Bargained For
▼ + stars: | 2023-04-26 | by ( Liz Essley Whyte | ) www.wsj.com time to read: 1 min

Calls to poison-control centers from caregivers worried about melatonin their children ingested have grown sharply. Photo: Jeff Greenberg/Universal Images Greoup via Getty ImagesPeople who consume melatonin gummies to get a good night’s rest might be ingesting more natural sleep aid than they bargained for, scientists say. In an analysis of 25 melatonin gummy brands, researchers found that most had more melatonin than their label disclosed—with one brand’s product containing nearly 350% more, according to the analysis published Tuesday in the Journal of the American Medical Association. Another brand said its gummies contained melatonin and cannabinoid oil, though researchers found that they really contained only cannabidiol, an ingredient derived from cannabis.

☆ Head of a Major Law Firm Bought Real Estate From Gorsuch
▼ + stars: | 2023-04-25 | by ( Charlie Savage | ) www.nytimes.com time to read: +1 min

WASHINGTON — One month after Neil M. Gorsuch was appointed to the Supreme Court in April 2017, he and two partners finally sold a vacation property they had been trying to offload for nearly two years. But when he reported the sale the next year, he left blank a field asking the identity of the buyer. County real estate records in Colorado show that Brian L. Duffy, the chief executive of Greenberg Traurig, a sprawling law firm that frequently has business before the court, and his wife, Kari Duffy, bought the property. The buyer’s identity — and Justice Gorsuch’s decision not to disclose it — was reported earlier on Tuesday by Politico. Although experts said that the omission did not violate the law, they added that it underscored the need for ethics reforms given the intensifying scrutiny on financial entanglements at the Supreme Court and renewed calls by Democratic lawmakers for tightened rules.

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