DIRS.INFO The most relevant business & tech news

☆ Kentucky sheriff charged in the fatal shooting of judge pleads not guilty
▼ + stars: | 2024-09-25 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

A Kentucky sheriff arrested and charged last week with shooting a judge in his chambers following an argument pleaded not guilty Wednesday morning. Letcher County Sheriff Shawn M. Stines was arraigned before a special judge for first-degree murder in connection with the fatal shooting of Judge Kevin Mullins. Shawn Stines, being held in Leslie County jail, during an arraignment hearing in Carter County Circuit Court on Wednesday. Kentucky Court of Justice via APThe shooting sent shockwaves through the small community. The case will be handled by Kentucky Attorney General Russell Coleman and the commonwealth’s attorney for the 27th Judicial Circuit Jackie Steele.

Persons: Shawn M, Stines, Kevin Mullins, Shawn Stines, Scott Utterback, Matt Gayheart, Mullins, shockwaves, Matt Butler, Butler, Patsy Holbrook Mullins, General Russell Coleman, Jackie Steele Organizations: USA, Kentucky State Police, Justice, NBC News, Kentucky Locations: Letcher County, Leslie County, Letcher, Whitesburg, Louisville, Carter County, Kevin Mullins . Kentucky

☆ Hurricane Helene is growing. Here’s what you should know
▼ + stars: | 2024-09-25 | by ( Lacey Russell | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ How an 'AI sabbatical' helped accounting startup Klarity turbocharge its business
▼ + stars: | 2024-09-25 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

"We just gutted our product and rebuilt it using generative AI." 'The rules of physics have changed'Even before its sabbatical, Klarity was well-versed in natural language processing and computer vision. Nadhamuni gave a talk on generative AI, its history, and the latest breakthroughs in the technology. If the new tech could do those five things, they would rebuild the core of Klarity's platform using generative AI. Nadhamuni also wrote a playbook on how to run a generative AI sabbatical that's available on Tola Capital's blog.

Persons: —, Nat Friedman, Daniel Gross, Nischal Nadhamuni, Nadhamuni, Klarity, Friedman, Gross, Aaron Fleishman, Fleishman, OpenAI, Miro, Tola Organizations: Service, Business, MIT, Venture Partners, Tola, Picus, Invus, Engineers

☆ Shawn Stines: Kentucky sheriff accused of fatally shooting a judge will appear before judge today
▼ + stars: | 2024-09-25 | by ( Emma Tucker | ) edition.cnn.com time to read: +5 min

Letcher County Sheriff Shawn M. Stines, 43, was arrested at the county courthouse in Whitesburg Thursday on suspicion of fatally shooting District Judge Kevin Mullins, 54, in Mullins’ chambers. The hearing itself will be conducted by a judge in a Carter County courthouse, about 100 miles from the crime scene, according to court officials, with the Letcher County courthouse having been closed for days because of the killing. Stines’ job made him responsible for security at county courthouses, including the personal security of judges, according to the Kentucky Sheriff’s Association. Letcher County, Kentucky, District Judge Kevin R. Mullins Letcher County governmentStines and Mullins ate lunch together hours before the shooting, Circuit Court Clerk Mike Watts told CNN affiliate WKYT. The lawsuit alleges the sexual allegations against the deputy “were not appropriately investigated by Sheriff Stines,” who fired the deputy in 2022.

Persons: Shawn M, Kevin Mullins, Mullins, –, Stines, He’s, Matt Gayheart, Gayheart, Kevin R, Mike Watts, ” Watts, WKYT, We’ve, I’ve, ”, “, Sheriff Stines, Jonathan Shaw, ‘, Wallace Kincer, Matt Butler, Butler, ” Butler, General Russell Coleman’s, Jackie Steele, ” Mullins, CNN’s Andy Rose, Dalia Faheid, Dakin Andone Organizations: CNN, Kentucky Sheriff’s Association, Kentucky State Police, WKYT, Stines, Letcher County Public Schools Locations: Kentucky, Letcher County, Leslie County, Carter, Letcher, Letcher County , Kentucky, Mullins Letcher, ’

☆ Market headed for first winning September in 5 years, but don't get too comfortable
▼ + stars: | 2024-09-24 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

In fact, the S & P 500 is on pace for a winning September — its first since 2019 — with a gain of more than 1%. The month is typically the worst stretch of the year on average for all three major averages and the Russell 2000, according to the Stock Trader's Almanac. Some of September's strength could be attributed to the Federal Reserve's supersized rate cut last week . The S & P 500 notched a fresh record close on Monday and an intraday all-time high on Tuesday. The benchmark S & P 500 typically pulls back nearly 1% on average in October in election years, per the Stock Trader's Almanac.

Persons: —, Russell, Gary Pzegeo Organizations: Federal, CIBC Private Wealth Management

☆ These 23 companies can benefit most as raises become rarer, Goldman Sachs says
▼ + stars: | 2024-09-24 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Goldman SachsWage growth is down from 6% in August 2022 to 3.9%, according to Goldman Sachs. Still, Goldman Sachs thinks the US unemployment rate will drift down to 4% in 2025, which would be a healthy figure. An influx of immigrants may have affected this trend, Goldman Sachs economists say. Goldman SachsLabor costs rose 7% in 2023 for S&P 500 companies and 5% for firms in the Russell 2000, Goldman found. Goldman Sachs shared a sector-neutral list of 50 stocks in the S&P 500 that have high labor costs, which should disproportionately benefit as wage inflation slows as raises become rarer.

Persons: —, Goldman Sachs, David Kostin, Kostin, Russell, Goldman Organizations: Service, Federal, Business, Goldman, Chief US, Goldman Sachs Labor, Companies Locations: Goldman Sachs

☆ How to position your investment portfolio for lower rates, according to experts
▼ + stars: | 2024-09-22 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

It could be time to rethink popular portfolio strategies for a lower interest rate environment. The Federal Reserve's half-percent rate cut on Wednesday marked the first time in more than four years it moved to lower the benchmark interest rate. According to VanEck CEO Jan van Eck, investors should start thinking about how the changing macro environment will affect their investments in the year ahead. "We're going to be in an easing cycle, so small-cap companies are going to be benefited by lower interest rates," the firm's chief ETF strategist said. With rates finally beginning to fall, van Eck points to the federal deficit as the next potential challenge for markets.

Persons: Jan van Eck, CNBC's, Russell, Jon Maier, it's, Crane, Maier, van Eck Organizations: Federal, Morgan, Investors

☆ Kentucky town mourns judge as questions swirl about argument police say led up to his killing and sheriff’s arrest
▼ + stars: | 2024-09-22 | by ( Dalia Faheid | Dakin Andone | ) edition.cnn.com time to read: +8 min

“I know Kentucky State Police are investigating it and I feel confident that they will hopefully provide some answers on, on why and maybe that will be able to help us all heal. “But the entire county and community is just in shock.”Letcher County Sheriff Shawn M. Stines. In remembrance of Mullins, flags at all Kentucky Court of Justice facilities will be lowered to half-staff through Monday. To do that, they’ll be looking at footage from cameras inside the courthouse and interviewing all witnesses who were in the building, Kentucky State Police Trooper Matt Gayheart said. The lawsuit alleges the sexual allegations against the deputy “were not appropriately investigated by Sheriff Stines,” who fired the deputy in 2022.

Persons: Mike Watt, Kevin Mullins, Shawn M, Stines, ” Watts, –, Mullins, We’ve, I’ve, ”, “, Leslie County, Letcher, Jackie Steele, Jerry Wagner, ” Wagner, Matt Butler, ” Mullins, ‘, ” Butler, Butler, Kevin R, Ben Gish, ” Gish, he’ll, Matt Gayheart, ” Gayheart, Gayheart, General Russell Coleman’s, Steele, ” Coleman, Jim Hannah, Sheriff Stines, Jonathan Shaw Organizations: CNN, WKYT, Bowling, Kentucky State Police, Kentucky, Police, Kentucky Sheriff’s Association, Facebook, Supreme, Mental Health, Stines Locations: Letcher County , Kentucky, Letcher, Bowling Green , Kentucky, Whitesburg, ” Letcher County, Leslie, Leslie County, Carter County, Kentucky, Jenkins , Kentucky, Letcher County, Mullins Letcher

The Athletic NFL writers Tim Graham, Ted Nguyen and Dan Pompei share their thoughts on all of these storylines and more. Is it time to re-think the Vikings as a Super Bowl contender? Minnesota entered Sunday ranked third in points allowed and top-10 in both yards per carry and yards per pass attempt. Stroud with two interceptions and four sacks, and they’ll have the Texans’ offensive line flinching tonight in their sleep. Four-time Pro Bowl left tackle Laremy Tunsil was flagged three times apiece for false starts and illegal formations.

Persons: Nick Sirianni, Tim Graham, Ted Nguyen, Dan Pompei, Graham, Sam Darnold, Aaron Jones, Justin Jefferson, Brian Flores ’, C.J, Jonathan Greenard, Laremy Tunsil, Cam Akers, Nguyen, Flores, Sam Darnold doesn’t, Kevin O’Connell, Darnold, Nick Sirianni’s, Sirianni, Barkley, Vic Fangio’s, Lane Johnson, DeVonta Smith, Darius Slay, Jalen, Brown, Kellen Moore, Sirriani, Andy Reid, Doug Pederson, Justin Fields, He’s, Fields, Russell Wilson, Mason Rudolph, Duck Hodges, Tommy Maddox, Mike Tomlin, Crash Davis, Wilson, he’s, It’s, Caleb Williams, Bryce Young, Williams, hasn’t, Rome Odunze, David Carr, Archie Manning, who’ve, Rome, Stephen Maturen Organizations: Minnesota Vikings, Philadelphia Eagles, Pittsburgh Steelers, Athletic NFL, Vikings, Minnesota, Sunday, U.S . Bank, AFC, Texans, Pro Bowl, 49ers, Super, Packers, Lions, NFC, Eagles, Falcons, Saints, Steelers, Chargers, Colts, Bears, Chicago Locations: Stroud, Minnesota, Philadelphia, Philly, Graham, Chicago, Pittsburgh, Rome

☆ Top NFL Week 3 storylines: Will Vikings or Texans go 3-0? Can Andy Dalton help Panthers?
▼ + stars: | 2024-09-22 | by ( Mike Jones | ) www.nytimes.com time to read: +10 min

The esteemed group: The Bills, Buccaneers, Chargers, Chiefs, Saints, Seahawks, Steelers, Texans and Vikings. Can Darnold continue his resurgence against a Texans defense that ranks third-stingiest in yards allowed and second in sacks through two games? Saints’ legitimacyIt seemed premature to get excited about the Saints’ 47-10 trouncing of the Panthers in Week 1, given Carolina’s issue. And is a Saints defense that has held opponents to just 14.5 points per game equally as legit? Can Dalton help stop the bleeding, or is this team as bad as it seems regardless of who starts at quarterback?

Persons: C.J ., DeMeco Ryans, Kevin O’Connell’s, Kirk Cousins, Sam Darnold, J.J, McCarthy, Darnold, Jim Harbaugh, Dobbins, Justin Herbert, Mike Tomlin’s, Justin Fields, Russell Wilson, Lamar Jackson, Reggie Hildred, It’s, Dallas —, Mike Macdonald, Anthony Weaver, Dennard Wilson, Patrick Queen, Jadeveon, Chase, Tee Higgins, Joe Burrow, it’s, Klint Kubiak, Derek Carr, Jalen, Brown, Saquon Barkley, DeVonta Smith, Dallas Goedert, Bryce Young, Dave Canales, Andy Dalton, Young, Frank Reich, Carolina QB Young, he’s, Canales, Dalton, Will Levis ’, Brian Callahan’s, Will Levis, Levis, Callahan, m. Organizations: NFL, Jets, Patriots, Sunday, Football, Jacksonville, Buffalo, Washington, Cincinnati, Bills, Buccaneers, Chargers, Chiefs, Saints, Seahawks, Steelers, Texans, Vikings, Colts, Falcons, Panthers, Darnold, NFC, Mike Tomlin’s Steelers, Ravens, AFC, —, Bengals, Broncos, Giants, Jaguars, Rams, Titans, Kansas City, Raiders, Dallas, Cowboys, New Orleans, Kubiak's Saints, Eagles, Philadelphia, Atlanta, Carolina QB, Bears Locations: C.J . Stroud, San Francisco, Minnesota, Stroud, New, J.K, Pittsburgh, Dallas, Kubiak's

☆ ‘We’re all shook’: A close-knit Kentucky community is grappling with the jailing of their sheriff in the killing of a district judge
▼ + stars: | 2024-09-21 | by ( Dalia Faheid | ) edition.cnn.com time to read: +11 min

“This community is small in nature, and we’re all shook,” Kentucky State Police Trooper Matt Gayheart said at a Thursday evening news conference. “The Letcher County Courthouse is one of the last that you can walk into without a metal detector or security at the front door,” said Matt Butler, commonwealth’s attorney for Letcher County, in a video statement Friday. Letcher County Sheriff Shawn M. Stines has been arrested Thursday in connection with the fatal shooting of a district judge inside a courthouse, Kentucky State Police (KSP) said. “I know Kentucky State Police are investigating it, and I feel confident that they will hopefully provide some answers on why. In remembrance of Mullins, flags at all Kentucky Court of Justice facilities will be lowered to half-staff through Monday.

Persons: Shawn M, Kevin Mullins, Stines, shockwaves, Matt Gayheart, ” Gayheart, Wallace Kincer, Mike Watts, Matt Butler, Mullins, Jackie Steele, Gayheart, Ben Gish, ”, ” Gish, ” Butler, Butler, Leslie County, he’s, “ It’s, ” Watts, “, Kevin R, Jerry Wagner, ” Wagner, Andy Beshear, Sheriff, Sabrina Adkins, Jennifer Hill, Ben Fields, Adkins, Fields, Hill, Fields “, Sheriff Stines, ” Stines, Mickey Stines, Jonathan Shaw, Judge Mullins, ” Shaw, General Russell Coleman, Steele, ” Coleman, Laurance, VanMeter, Mullins ’, Jim Hannah Organizations: CNN, Kentucky State Police, ” Kentucky State Police, Letcher County Public Schools, LCC, WKYT, Kentucky, Police, Kentucky Sheriff’s Association, Eagle, Field, Louisville Courier, Stines, . Kentucky Supreme Locations: Kentucky, Letcher County, Letcher, Whitesburg, ”, Leslie County, Carter County, ” Letcher County , Kentucky, Mullins Letcher, Frankfort, Laurel County, Russell

☆ F1 practice in Singapore halted after lizard runs onto track
▼ + stars: | 2024-09-21 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

But there was a unique sight in the final practice session on Saturday ahead of Sunday’s Singapore Grand Prix when an adventurous lizard put a halt to proceedings. Marshals chase a lizard from the track during practice ahead of the Singapore GP. The F1 X account once again described the situation succinctly, saying: “Things are getting surreal.”Eventually, the lizard was cleared from the track and the final practice session resumed. It’s not the first time a lizard has interrupted racing in Singapore. In 2016, Max Verstappen laughingly complained about a “giant lizard” on the track during practice before it hastily ran off and away from speeding cars.

Persons: Mercedes, George Russell, –, Rudy Carezzevoli, Daniel Ricciardo, It’s, Max Verstappen laughingly Organizations: CNN, Sports, NFL, Singapore, Prix, Circuit Locations: Singapore

☆ Three stocks are getting dropped from the S&P 500. This ETF sees them as rebound candidates
▼ + stars: | 2024-09-21 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

"That's what gets them to a market cap big enough to be of interest. The resulting portfolio is effectively a small cap value fund with upside. Illiquid deletions "Deletions tend to be thinly traded, small cap, illiquid. To be sure, the strategy doesn't work for every stock that falls out of a large cap index. That's roughly the picture we have for deletions," Arnott said.

Persons: Rob Arnott, Stocks, they've, Arnott, Russell, NIXT Organizations: Airlines, Rad Laboratories, Research, American Airlines, Architects

☆ Some smaller stocks could see big gains as the Fed cuts rates. Here are a few
▼ + stars: | 2024-09-21 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Stocks with smaller market capitalizations are set to reap the benefits from the start of the Federal Reserve's latest rate-cutting campaign. Sarepta's total debt is more than one-and-a-half times bigger than its total equity. Civitas' total debt recently stood at about 79% of total equity. Chart's total debt currently eclipses its total equity by 1.4 times. "GTLS's core portfolio is comprised of natural gas, energy transition and renewables applications, where our outlook remains constructive," wrote analyst Devin McDermott.

Persons: Russell, Gavin Clark, Gartner, Clark, Zach Parham, Parham, Morgan Stanley, Devin McDermott Organizations: Dow Jones Industrial, Nasdaq, CNBC, Sarepta Therapeutics, ISI, Civitas Resources, Wednesday, JPMorgan, Civitas, Industries Locations: U.S, Cambridge, Sarepta, Friday's

Another co-defendant named Ryan Samsel — who was holding a giant flag portraying Trump as "Rambo" before he assaulted officers on Jan. 6 — will be sentenced on Feb. 4, 2025. Stephen Chase Randolph on Jan. 6. Among them: David Dempsey, who repeatedly assaulted officers inside the lower west tunnel to the Capitol, received 20 years; Peter Schwartz, received 14 years; Danny "D.J." Capitol Police Officer Caroline Edwards testifies during a Jan. 6 Committee hearing. After his arrest, federal authorities said Randolph downplayed his behavior and lied during his custodial interview with the FBI.

Persons: WASHINGTON, Donald Trump, Stephen Chase Randolph, Randolph's, James Tate Grant, Jason Benjamin Blythe, Paul Russell Johnson, Ryan Samsel —, Trump, Rambo, Jan, Randolph, David Dempsey, Peter Schwartz, Danny, D.J, Rodriguez, Michael Fanone, Christopher Quaglin, Thomas Webster, Blythe, Johnson, Samsel, Caroline Edwards, Edwards, banister, ” Edwards, “, Win McNamee, ” Randolph, Joe Biden, yay, It’s, ”, Ronald Reagan, Royce Lamberth Organizations: Capitol, Capitol Police, U.S, District of Columbia, New York City Police, FBI, District Locations: Kentucky, Grant, Washington, Washington ,

☆ 'Tragedy': Kentucky sheriff charged in fatal courthouse shooting of judge stuns community
▼ + stars: | 2024-09-20 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

A small eastern Kentucky community is reeling and searching for answers after a Letcher County sheriff was arrested and charged with murder in the fatal shooting of Judge Kevin Mullins in his district office Thursday afternoon. The shooting occurred shortly before 3 p.m. at the Letcher County courthouse in Whitesburg, about 217 miles southeast of Louisville. Letcher County Sheriff Shawn M. Stines, a two-term sheriff, was arrested and charged with one count of murder, Kentucky State Police Trooper Matt Gayheart said. Letcher County Sheriff Mickey Stines. "My prayers are with his family and the Letcher County community as they try to process and mourn this tragic loss.

Persons: Kevin Mullins, Matt Butler, AP Butler, Mullins, Shawn M, Matt Gayheart, Gayheart, Stines, Mickey Stines, Laurance, VanMeter, General Russell Coleman, Jackie Steele, Butler Organizations: Justice, AP, Kentucky State Police, WLEX Kentucky Supreme, Kentucky Locations: Kentucky, Letcher County, Letcher, Kevin Mullins . Kentucky, Whitesburg, Louisville, WLEX Kentucky

☆ Wigs, robotic guns and exploding pagers: Israel has a long history of hunting down its enemies
▼ + stars: | 2024-09-20 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +7 min

Over the years, Israel has viewed “targeted killings” as a way to deter attacks on the county, fuel fear among its enemies and exact revenge. Iran’s nuclear program is closer to building a bomb than ever, even after several nuclear scientists were killed, he said. But the Mossad operation dismayed Israeli Prime Minister David Ben-Gurion, who demanded the resignation of the spy service’s chief. Almost four decades later, Israel killed a major Hamas official, Mahmoud al-Mabhouh, in a Dubai hotel in a complex plot involving more than two dozen Mossad operatives. In an echo of this week’s attacks in Lebanon, Israel killed a Hamas bombmaker, Yahya Ayyash, in 1996 with a cellphone outfitted with explosives.

Persons: ”, Bruce Riedel, Adolf Eichmann, Eichmann, David Ben, Gurion, God —, Russell Mcphedran, Ehud Barak, Ahmed Bouchikhi, Ali Hassan Salameh, Yasser Arafat, Bouchikhi, Israel, Mahmoud al, Mabhouh, Mohammed Salem, Ahmed Jibril, Ronen Bergman, Jibril, Yahya Ayyash, Ayyash, Mohsen Fakhrizadeh, Fakhrizadeh, Ismail Haniyeh, David Barnea, Israel “, ” Barnea Organizations: Lebanese, CIA, Argentine, Nazi, Damocles, Palestinian, Fairfax Media, Getty, Palestine Liberation Organization, Hamas, New York Times Locations: Israel, British, Nazi, Argentina, Egypt, Munich, Beirut, Moroccan, Norwegian, Lillehammer, Europe, Dubai, Gaza, Israeli, Lebanon, U.S, Iran’s, Absad, Tehran, Syria, Iran, Mossad’s

☆ The hottest AI startups are raising back-to-back funding rounds. Suddenly, it's feeling very 2021 in Silicon Valley for a chosen few.
▼ + stars: | 2024-09-20 | by ( Ben Bergman | Melia Russell | ) www.businessinsider.com time to read: +11 min

Read previewIn February, Glean announced a $200 million funding round valuing the AI enterprise software startup at $2.2 billion. AdvertisementThe transaction is the latest in a string of dizzying back-to-back funding rounds at ever-higher valuations for a handful of AI startups that stand in stark contrast to the doldrums of the overall market for startups. Earlier this year, Sakana raised $30 million in a seed funding round led by Lux Capital. Slingshot AI, which has built an automated mental health counselor, also raised separate rounds of funding just months apart. Advertisement"VCs are increasingly faced with frequent requests from their hot AI companies to follow on or double down on investments," said Iris Sun, an investor at 500 Global.

Persons: —, Glean, Arvind Jain's inbox, Jain, Steve Brotman, Perplexity, SoftBank, Sakana, Gregg Hill, that's, Matt Murphy, Dario Amodei, Kimberly White, Murphy, I'd, I've, Jenny Chang, Rodriguez, Jai Das, Rajeev Dham, couldn't, Das, Sapphire, Uber, Iris Sun, Chandrasekar Organizations: Service, Business, DST Global, Alpha Partners, Bloomberg, Google, New Enterprise Associates, Khosla Ventures, Lux Capital, Parkway Venture Capital, Menlo Ventures, Getty, Sapphire Ventures, Investments Locations: Tokyo

☆ Look for stock market pain next week after Friday's 'triple witching' options expiration
▼ + stars: | 2024-09-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Today is triple witching expiration , the quarterly expiration of single stock and index options, and index futures. It's occurring at an unusual moment: the S & P 500 is at an historic high. Week after triple witch: poor Unfortunately, the week after the September triple witch is historically among the weakest of the year. S & P 500 rebalancing today The S & P 500 will see three new entrants at the close today, each of which will begin trading as part of the S & P on Monday: Dell Technologies , Erie Indemnity and Palantir Technologies . Finally, while the S & P 500 is at a new high, the Russell 2000 smallcap index is not far behind.

Persons: Chris Murphy, Jeff Hirsch, Dow Industrials, Hirsch, Dell, Russell Organizations: Stock, Nasdaq, Dell Technologies, Erie, Palantir Technologies, Etsy, Rad Laboratories, American Airlines Group Locations: Susquehanna

☆ An under-the-radar corner of the stock market has the green light for a 'powerful' catch-up rally, Goldman Sachs portfolio manager says
▼ + stars: | 2024-09-20 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Small-cap stocks are poised for a significant rally, Goldman Sachs' Greg Tuorto said. The portfolio manager pointed to lower interest rates and a promising economic backdrop for small-caps. The presidential election could also be a positive catalyst, leading to a catch-up rally, he said. That's according to Greg Tuorto, a portfolio manager at Goldman Sachs Asset Management who says he sees a big "catch-up" rally coming for small-cap stocks. AdvertisementThe Russell 2000 surged 2% after the Fed cut interest rates on Wednesday, with the small-cap index up 12% year-to-date.

Persons: Goldman Sachs, Greg Tuorto, —, Tuorto, it's, Fundstrat's Tom Lee Organizations: Service, Goldman Sachs, Management, CNBC, Atlanta Fed

CNN —Investigators are trying to determine what motivated a Kentucky sheriff to allegedly shoot and kill a district judge after the two had an argument inside the judge’s chambers, according to Kentucky State Police. Letcher County, Kentucky District Judge Kevin R. Mullins Letcher County governmentLetcher County Sheriff Shawn M. Stines, 43, shot Mullins after an argument inside the judge’s chambers, a preliminary investigation revealed. It is unclear who will take over as the county sheriff following the arrest of Stines, who had been sheriff for about eight years. An ambulance near the scene after a district court judge in Kentucky was fatally shot in his chambers , on Thursday, September 19. The Kentucky Court of Justice is aware of the “tragic” incident in Letcher County, the court said in a statement on Facebook.

Persons: Kevin Mullins, Matt Gayheart, Kevin R, Mullins, Shawn M, Stines, Gayheart, ” Gayheart, “ We’re, Russell Countydeputy, Andy Beshear, Stines Mullins, Steve Beshear, ” Stines, “, General Russell Coleman, Jackie Steele, ” Coleman, Clayton Stamper, Laurance, VanMeter, ”, Mullins ’, ” VanMeter, Matt Butler, recusing, Butler, Judge Mullins, ” Butler, Ivy, Allison Ball, ” Ball Organizations: CNN —, Kentucky State Police, District, CNN, Kentucky’s, Gov, Associated Press, WKYT, AP, Kentucky, Judicial, KSP, Facebook, Southeast Kentucky Community, Technical College, Associated Press . Locations: Kentucky, Letcher, Whitesburg , Kentucky, Letcher County , Kentucky, Mullins Letcher, Letcher County, Laurel County, Jackhorn, Eastern, Central Kentucky, SOAR, Associated Press . Kentucky

☆ Kentucky sheriff charged in killing of judge at courthouse
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: +3 min

A judge in a rural Kentucky county was fatally shot in his courthouse chambers Thursday, and the local sheriff was charged with murder in the killing, police said. The preliminary investigation indicates Letcher County Sheriff Shawn M. Stines shot District Judge Kevin Mullins multiple times following an argument inside the courthouse, according to Kentucky State Police. Letcher County's judge-executive signed an order closing on Friday the county courthouse where the shooting took place. Mullins, 54, was hit multiple times in the shooting, Kentucky State Police said. Kentucky State Police referred inquires about Stines' legal representation Thursday to a spokesperson who did not immediately respond by email.

Persons: Shawn M, Kevin Mullins, Mullins, Stines, Whitesburg, Matt Butler, Judge Mullins, Butler, General Russell Coleman, Coleman, Laurance, VanMeter, Letcher, Andy Beshear, Steve Beshear Organizations: Kentucky State Police, Kentucky Supreme, Kentucky, Police, Gov Locations: Kentucky, Letcher, Lexington, Letcher County

☆ Judge fatally shot in chambers, Kentucky governor says
▼ + stars: | 2024-09-19 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A district judge in Kentucky was fatally shot in his chambers Thursday afternoon, Gov. "Sadly, I have been informed that a district judge in Letcher County was shot and killed in his chambers this afternoon," the governor wrote on X. Letcher County coroner Perry Fowler told NBC News that Judge Kevin Mullins, 54, was shot and killed. The Letcher County courthouse is in Whitesburg, about 200 miles southeast of Louisville. "Following the deadly shooting in Letcher County, our Office will collaborate with Commonwealth’s Attorney for the 27th Judicial Circuit Jackie Steele as special prosecutors in this case.

Persons: Andy Beshear, Beshear, Perry Fowler, Kevin Mullins, Matt Gayheart, Kevin R, Mullins, Russell Coleman, Jackie Steele, Coleman Organizations: NBC News, Louisville . Kentucky State Police, Judicial, Central High School, Kentucky, Justice, Commonwealth’s Locations: Kentucky, Letcher County, Letcher, Whitesburg, Louisville .

QuarterbacksJordan Love, Green Bay PackersStatus: Questionable vs. TitansLove sprained his MCL in the final seconds of Green Bay’s Week 1 loss to the Philadelphia Eagles. Justin Herbert, Los Angeles ChargersStatus: Questionable vs. SteelersHerbert injured his right leg in the third quarter of Week 2’s 26-3 win against the Carolina Panthers trying to escape the pocket. Russell Wilson, Pittsburgh SteelersStatus: Questionable vs. ChargersWilson has yet to play this season because of a calf injury. Wide receiversKeenan Allen, Chicago BearsStatus: Questionable vs. ColtsAllen was inactive against the Texans in Week 2 with a heel injury. Justin Jefferson, Minnesota VikingsStatus: Questionable vs. TexansJefferson sustained a thigh bruise in the third quarter of Week 2’s 23-17 win against the 49ers.

Persons: We’re, Christian McCaffrey, Achilles, Isiah Pacheco, Jordan Love, Love, Malik Willis, Matt LaFleur, he’s, we’ll, Malik, ”, “, Justin Herbert, Steelers Herbert, Jim Harbaugh, Tua, There’s, Skylar Thompson, Russell Wilson, Chargers Wilson, Mike Tomlin, Justin Fields, McCaffrey, Jordan Mason, Clyde Edwards, Helaire, Kareem Hunt, Carson Steele, Joe Mixon, Vikings Mixon, DeMeco Ryans, Kenneth Walker III, Dolphins Walker, Zach Charbonnet, Rachaad, Bucky Irving, White, Keenan Allen, Colts Allen, wideout, Caleb Williams, DJ Moore, Rome Odunze, Cole Kmet, Allen, Tee Higgins, Higgins, Zac Taylor, Cooper Kupp, Puka, —, — Nacua, Cupp, Justin Jefferson, Texans Jefferson, Kevin O’Connell, Jefferson, A.J ., Saints Brown, Deebo Samuel, Rams Samuel, Kyle Shanahan, Brandon Aiyuk, David Njoku, he’ll, Kevin Stefanski, Jake Ferguson, Ravens Ferguson, Stephen Jones, Ferguson, Taysom, Dennis Allen, Hill Organizations: NFL, San Francisco 49ers, Kansas City Chiefs, Los Angeles Rams, Green Bay Packers, Philadelphia Eagles, Indianapolis Colts, Packers, Los Angeles Chargers, Steelers, Carolina Panthers, Chargers, Miami Dolphins, Buffalo Bills, Miami, Arizona Cardinals, Pittsburgh Steelers, Pittsburgh, Isiah Pacheco , Kansas City Chiefs, Chiefs, Atlanta, Houston Texans, Vikings, Texans, Chicago Bears, Seattle Seahawks, Dolphins, New England Patriots, Tampa Bay Buccaneers, Broncos White, Tampa Bay’s, Lions, ESPN, Denver, Colts, Cincinnati Bengals, Washington, 49ers, Los, Minnesota Vikings, Saints, Rams, Cleveland Browns, Giants Njoku, New York, Browns, Dallas Cowboys, Ravens, Cowboys, Baltimore, , New Orleans Saints, Eagles, ’ Locations: Tua Tagovailoa, Isiah Pacheco ,, Houston, Cincinnati, Los Angeles, Angeles, Minnesota, A.J . Brown, Francisco’s, , New Orleans

☆ This trade was the biggest post-Fed winner
▼ + stars: | 2024-09-19 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

It looks like small caps were the winning trade following the Federal Reserve's supersized rate cut on Wednesday . With that, the fund has climbed 3.1% this week and 10.2% in the third quarter alone, double the return of the S & P 500 in each period. Large-cap stocks easily outperformed small caps in five of eight instances when the Fed was lowering rates, small caps outperformed twice and in one case, 1995, there was virtually no difference. Regime Indicator to 'Downturn' all support our preference for large vs small [stocks]," the analysts wrote. In Thursday's session, the S & P jumped 1.7% to a fresh all-time high, topping the 5,700 mark for the first time.

Persons: Russell, Clinton Organizations: Fed, Strategas Securities, Federal, Bank of America, U.S

Search resuls for: "russell"

25 mentions found