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☆ Fed opts for small rate hikes, expects to deliver 'ongoing increases'
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +4 min

The decision lifted the benchmark overnight interest rate to a range between 4.50% and 4.75%, a move widely anticipated by investors and flagged by U.S. central bankers ahead of this week's two-day policy session. MARKET REACTION:STOCKS: U.S. stocks fell after the Fed statement, but the Nasdaq recovered, last flat on the day. RYAN DETRICK, CHIEF MARKET STRATEGIST, CARSON GROUP, OMAHA"The Fed threw no curve balls, as they did what was widely expected. The door is cracking open to end rate hikes, but they still have a chance for one more rate hike at the next meeting." How close are we now with ending the rate hike cycle, when it’s clear employment costs are slowing?"

Some hedge funds, wealth managers, and asset managers are still hiring. Recruiters told us what roles are in demand and what skills can help you land them. Big-name hedge funds like Citadel, D. E. Shaw, and Millennium Management posted double digits in a year that many other investment managers would rather soon forget. Alternative asset managers, meanwhile, are hiring in the private-wealth-management businesses they've spent recent years building out. … if you're in or interested in wealth managementDespite the market downturn, wealth managers are in high demand.

☆ '9-1-1: Lone Star' actors preview the journey 'Tarlos' must take to the wedding altar
▼ + stars: | 2023-01-25 | by ( Max Gao | Max Gao Is A Freelance Entertainment | Sports Journalist Based In Toronto. He Has Written For Nbc News | ) www.nbcnews.com time to read: +8 min

This article contains spoilers for “The New Hotness,” Tuesday’s season premiere of “9-1-1: Lone Star.”After getting engaged to police officer Carlos Reyes (Rafael L. Silva), paramedic T.K. Strand (Ronen Rubinstein) was hit with a shocking secret in the season four premiere of “9-1-1: Lone Star”: Carlos was already legally married to a woman. are on their path to becoming a legally unified couple.”From left, Ronen Rubinstein, Rafael L. Silva, and Lyndsy Fonseca in '9-1-1: Lone Star'. and Carlos in recent months has centered around their impending nuptials, Silva cautioned that their journey to the wedding altar will be anything but straightforward. “There’s a lot of 'Tarlos' in the first half of the season.”“9-1-1: Lone Star” airs Tuesdays at 8 p.m. ET/PT on Fox.

Some hedge funds, wealth managers, and asset managers are still hiring. Layoffs across industries have been dominating headlines in January, and Wall Street has been no exception. Big-name hedge funds like Citadel, D. E. Shaw, and Millennium Management posted double digits in a year that many other investment managers would rather soon forget. Alternative asset managers, meanwhile, are hiring in the private-wealth-management businesses they've spent recent years building out. Emily Landon, the CEO of the Chicago-based headhunting firm The Crypto Recruiter, pointed to the job board Crypto Careers, which has over 2,400 openings.

☆ Elon Musk testifies he would have sold SpaceX stock to take Tesla private in 2018
▼ + stars: | 2023-01-23 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

Elon Musk told a San Francisco federal court on Monday that he could have sold shares of SpaceX to take Tesla private in 2018. Trading in Tesla was halted after his tweets, and its share price remained volatile for weeks. Musk said under oath, "SpaceX stock alone meant 'funding secured' by itself. I sold Tesla stock to complete the Twitter transaction. Musk recently became the CEO of social media business Twitter after leading a $44 billion leveraged buyout of the company in October 2022.

☆ Why Egypt is asking its people to eat chicken feet
▼ + stars: | 2023-01-18 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +17 min

Abu Dhabi CNN —Egypt’s economic situation is so dire that the government is asking people to eat chicken feet. In Egypt, chicken feet are seen as the cheapest of meat items, considered by most as animal waste rather than food. After the recommendation to switch to chicken feet, the price of one kilogram of the product reportedly doubled to 20 Egyptian pounds ($0.67). But those firms don’t operate like private companies, enjoying special privileges without disclosing their financial data to the public. Experts have questioned why international creditors had not leveraged their loans to drive Egypt’s military out of the economy.

When shopping for products to help address issues like under-eye puffiness, dark circles and fine lines, it’s important to buy items specifically designed for the under-eye area, said Dr. Karen Burke, a board-certified dermatologist and research scientist. According to the medical experts we consulted, under-eye patches work by targeting dark circles, crow’s feet, wrinkles and fine lines. The best under eye patches and masks of 2023Below are a handful of expert-recommended under-eye patches that are formulated to nourish the under-eye area. The experts we spoke to gave these eye patches a thumbs up when it comes to combating puffiness thanks to a cooling cucumber extract. These under-eye patches can be reused up to 10 times, according to the brand.

☆ Here are key things you need to know if you’re eyeing a Medigap policy alongside basic Medicare
▼ + stars: | 2023-01-06 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +7 min

For about 23% of Medicare's 65.1 million beneficiaries, the solution for covering those outlays is a so-called Medigap plan. The reasons that some beneficiaries instead choose Medigap alongside basic Medicare vary from person to person, according to Elizabeth Gavino, founder of Lewin & Gavino and an independent broker and general agent for Medicare plans. watch nowHere's what to know about Medigap policies if you're considering purchasing one. There's huge variation in costDespite Medigap policies' standardization, the premiums can vary greatly. The way a Medigap plan is 'rated' also mattersAnother difference in Medigap premiums can come from how the plans are "rated."

His image can be found on T-shirts at California markets, and fans still listen to his raspy voice singing the corridos, or Mexican ballads, that made Chalino Sánchez famous. The podcast "Ídolo: The Ballad of Chalino Sánchez." A plaque says, "You have died to the world but for us you will always live in our hearts," at a memorial to Chalino Sánchez in Culiacán, Sinaloa. A newspaper clipping announcing the concert by Chalino Sánchez in Coachella on Jan. 26, 1992. newspapers.comAfter the artist's involvement in the Coachella shooting while he was on stage, he catapulted to fame. Chalino Sánchez merchandise at the Paramount Swap Meet in Paramount, Calif. Eulimar Núñez / Noticias TelemundoAs Galindo narrates in the podcast, Sánchez's death seemed like the foregone conclusion of his Wild West kind of life.

☆ ABBA's successful avatar show in London offers a glimpse at a daring new direction for live music
▼ + stars: | 2022-12-29 | by ( Jenni Reid | ) www.cnbc.com time to read: +8 min

"Our ambition is to do another ABBA Voyage, let's say in North America, Australasia, we could do another one in Europe. Dave J Hogan | Getty Images Entertainment | Getty ImagesIt was also designed for flexibility. Promotional image for ABBA Voyage, the digital avatar-based live show currently running in London. For Cox, live shows that provide a "shared experience" like ABBA Voyage hold a greater appeal than headset-based virtual experiences, though there will certainly be more of those available in future. Frazer Harrison | Getty Images Entertainment | Getty Images

☆ 8 money books that can help you build wealth in 2023, according to real estate investors, 'super savers,' and finance experts who have read them cover-to-cover
▼ + stars: | 2022-12-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Another popular choice among real estate investors specifically is "Rich Dad Poor Dad." It was Ramit Sethi's popular money book that taught them how to be more intentional when it came to spending. Real estate"Retire on Real Estate" by Kai AndersonAvery Heilbron, who achieved financial freedom before 30 partly thanks to his investment properties, says that "Retire on Real Estate" is what nudged him in the direction of buying property to build wealth. Courtesy of Avery HeilbronIf you want to build long-term wealth, "I think real estate is 100% the best thing," Heilbron said. "Rich Dad Poor Dad" by Robert KiyosakiThis classic by Robert Kiyosaki is a favorite among real estate investors and early retirees, including Mike Zuber, who was able to quit his day job in his 40s thanks to his lucrative real estate portfolio.

☆ A couple on track to retire before 40 share the 3 money books that changed their financial mindset
▼ + stars: | 2022-12-25 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

They started reading money books, including "Set for Life" and "The Simple Path to Wealth." That's when he started diving into personal-finance books, which ultimately would be the impetus for their debt repayment and financial freedom journey. Here are three money books that helped them get to where they are today. "Set for Life" by Scott Trench"Set for Life" was one of the first money books the Lupos read. "This book does a great job of identifying the importance of spending money on your values," said Josh.

☆ The Tom Brady of Other Jobs
▼ + stars: | 2022-12-24 | by ( Francesca Paris | ) www.nytimes.com time to read: +17 min

Meet them, and decide for yourself:The Tom Brady of Paramedics Jesse Izaguirre, 70Gardena, Calif.Jesse Izaguirre loves working with younger paramedics. Hopefully never.”The Tom Brady of Bakers Helen Fletcher, 83Clayton, Mo. Chalk it up to a great big fib.”The Tom Brady of Artists Lilian Thomas Burwell, 95Highland Beach, Md. “I should’ve signed them.”The Tom Brady of Biologists Maria Elena Zavala, 72Los AngelesProfessional longevity runs in Maria Elena Zavala’s family. It didn’t vanish when they crossed the border.”The Tom Brady of Loggers Earl Pollock, 82Hamburg, Ark.

Jonathan Ernst | ReutersThe Jan. 6 House select committee released its long-awaited final report Thursday, capping an 18-month probe of the 2021 breach of the U.S. Capitol by a violent mob of supporters of former President Donald Trump. "Donald Trump's senior Justice Department officials — each appointed by Donald Trump himself —investigated the allegations and told him repeatedly that his fraud claims were false," Cheney wrote. "Donald Trump's White House lawyers also told him his fraud claims were false. Members of the Oath Keepers militia group among supporters of U.S. President Donald Trump, on the steps of the U.S. Capitol, in Washington, January 6, 2021. U.S. President Donald Trump arrives to speak to supporters from The Ellipse near the White House on January 6, 2021, in Washington, DC.

☆ The Year in Pictures 2022
▼ + stars: | 2022-12-19 | by ( The New York Times | ) www.nytimes.com time to read: +57 min

Every year, starting in early fall, photo editors at The New York Times begin sifting through the year’s work in an effort to pick out the most startling, most moving, most memorable pictures. But 2022 undoubtedly belongs to the war in Ukraine, a conflict now settling into a worryingly predictable rhythm. Erin Schaff/The New York Times “When you’re standing on the ground, you can’t visualize the scope of the destruction. Jim Huylebroek for The New York Times Kyiv, Ukraine, Feb. 25. We see the same images over and over, and it’s really hard to make anything different.” Kyiv, Ukraine, Feb 26.

☆ Fed hikes rates by 50 bp, as expected, keeps hawkish tone
▼ + stars: | 2022-12-14 | by ( Reuters Staff | ) www.reuters.com time to read: +8 min

STORY: STATEMENT TEXT:MARKET REACTION:STOCKS: The S&P 500 turned sharply lower then steadied down 0.11%BONDS: Benchmark 10-year note yields rose then backed off to 3.4847%. CHRIS ZACCARELLI, CHIEF INVESTMENT OFFICER, INDEPENDENT ADVISOR ALLIANCE, CHARLOTTE“The Fed is taking away the punchbowl just as the party was getting started. They’re reiterating their forecasts but the whisper number was that the Fed was going to stop at a 4.5%-4.75% terminal rate. You know, the biggest thing that is holding the Fed back right now are the jobs numbers. The most dovish participants is looking for an extra 50 bps of hikes.

☆ Instant view: Fed hikes rates by 50 bp, as expected, keeps hawkish tone
▼ + stars: | 2022-12-14 | by ( ) www.reuters.com time to read: +8 min

CHRIS ZACCARELLI, CHIEF INVESTMENT OFFICER, INDEPENDENT ADVISOR ALLIANCE, CHARLOTTE“The Fed is taking away the punchbowl just as the party was getting started. They're reiterating their forecasts but the whisper number was that the Fed was going to stop at a 4.5%-4.75% terminal rate. "But the Fed is out there saying that 5.1% is still on the cards … and that rate hikes will continue." BRIAN JACOBSEN, SENIOR INVESTMENT STRATEGIST, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS, WISCONSIN“The most interesting part of the releases were in the Summary of Economic Projections. And they’re holding it there longer than markets expected.”“In addition, they’re downgrading GDP estimates for this year, and in particular, for next year.

☆ Georgia Sen. Raphael Warnock's runoff victory is a testament to how he connected with voters though faith
▼ + stars: | 2022-12-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +10 min

During the Georgia Senate race, Raphael Warnock didn't stray from his deep roots in the church. Warnock effectively engaged with a wide range of voters in a state that can be tough for Democrats. Warnock defeated former University of Georgia football legend Herschel Walker to secure a full six-year term in the Senate. Warnock, the pastor of Ebenezer Baptist Church in Atlanta, campaigns at the Ebenezer Baptist Church in Eatonton, Ga., on August 18, 2022. And he acknowledged that while many Americans have faced challenges in recent years, retaining a sense of faith was important.

☆ Over the line? Japan goal adds fuel to VAR debate
▼ + stars: | 2022-12-02 | by ( Nick Mulvenney | ) www.reuters.com time to read: +5 min

The perspective that is clear is from above, and the belly of the ball is very big," he said. Everyone can take and use the photo they want, it doesn't matter, but the ball didn't go out." FIFA, who declined to comment on the incident on Friday, have invested heavily in VAR technology since introducing it at the World Cup four years ago in Russia. The match ball now contains a chip that transmits data to the VAR operations room 500 times a second, while 12 cameras in each stadium track 29 points on the body of each player. Former Scotland midfielder Graeme Souness said FIFA needed to be more transparent over VAR decisions.

☆ Kevin McCarthy says Democrats could select the next speaker if Republicans 'play games' on the House floor
▼ + stars: | 2022-11-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

McCarthy said Republicans could cede control of the House in January if they aren't unified. While on Newsmax, the Californian warned against the GOP playing "games" on the House floor. McCarthy is working to round up votes among GOP members that he'll need to lead the lower chamber. If we play games on the floor, the Democrats could end up picking who the speaker is," he said. Rep. Marjorie Taylor Greene of Georgia cautioned against a handful of Republicans potentially joining Democrats in selecting a more moderate speaker.

☆ If DeSantis doesn't get his 2024 decision timing right, he risks peaking too soon like Scott Walker or wasting his big moment like Chris Christie
▼ + stars: | 2022-11-23 | by ( Kimberly Leonard | Brent D. Griffiths | ) www.businessinsider.com time to read: +11 min

But as he faces a decision over whether to run for president in 2024, DeSantis shares far more similarities with two other ex-GOP frontrunners: Former Govs. Like DeSantis, Walker and Christie once seemed like inevitable frontrunners for the White House. Walker seized the moment, while Christie let his moment pass. "That's a huge difference in my opinion in terms of that moment," DuHaime said. "There was a moment for Christie in 2012 and there is a moment for Ron DeSantis in 2024.

☆ Corporate America is bracing for a rise in activist investing. Meet the 13 lawyers on speed-dial when companies and investors fight for boardroom control.
▼ + stars: | 2022-11-23 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +11 min

Law firms including Olshan Frome Wolosky LLP and Schulte Roth & Zabel are go-tos for activist investors looking to change how companies do business. Kai Liekefett, who co-chairs Sidley's shareholder activism practice, last year successfully defended cloud company Box Inc. in a proxy fight by Starboard. Liekefett has also defended clients against major activist investors including Carl Icahn and Trian Partners. He has advised clients against major activist investors including Trian, Carl Icahn, Starboard Value and the billionaire Paul Singer. Lawrence Elbaum and Patrick Gadson, Vinson & ElkinsPatrick Gadson (L) and Lawrence Elbaum (R), co-heads of Vinson & Elkins' shareholder activism group.

☆ This Is Your Brain on ‘Deep Reading.’ It’s Pretty Magnificent. - The New York Times
▼ + stars: | 2022-11-22 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +57 min

But if over time, we have begun to elaborate this brain so that it includes deep reading, the unnatural apex of the achievement of reading is what deep reading provides. And every time I get off of a plane, I say to myself, I’m going to do that more. I’m going to sit and I’m going to have quiet time with a book. I’m going to bring this to me in a second, so I’m not just putting this on little kids. maryanne wolfThe first thing I do is understand the purpose of whatever I’m reading.

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Christopher Gregory/Getty ImagesDonald McGahn, Trump campaign counsel: I was at the top. Trump's 2016 campaign aides said they paid about 50 people, including part-time actors, to appear as supporters for his 2016 campaign announcement. Corey Lewandowski, Trump campaign managerCorey Lewandowski: I called my wife just as we were getting onto the plane. Stuff that would be from Mars on any other campaign was perfectly normal for the Trump campaign. Mark J. Terrill/AP photo Show less Trump at the Republican National Convention while Cruz speaks on July 20, 2016.

Today's EVs run on lithium ion batteries — mostly made with lithium, cobalt, manganese and high-grade nickel, whose prices have soared. The EVs of the future — those arriving after 2025 — could shift to sodium ion or lithium sulfur battery cells that could be up to two-thirds cheaper than today's lithium ion cells. China's CATL (300750.SZ) has said it plans to begin producing sodium ion cells in 2023. Michigan-based Amandarry and British startup AMTE Power (AMTE.L) are developing sodium ion batteries using sodium chloride — basically table salt — as the main cathode ingredient. Battery developers hope they can add sodium ion and lithium sulfur batteries to the range open to the auto industry.

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