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We also look for a solid balance sheet with a close eye on the net debt (preferably net cash) level. Net debt is simply total debt minus cash and cash equivalents. If it is a negative number, that's a net cash position. Having a net debt position isn't a deal breaker, but we do need to ensure there are no large debts coming due on the horizon. Amazon (AMZN) is expected to have gone from a net debt position to a net cash position during the third-quarter.
Persons: Jim Cramer, Jamie Dimon, Jerome Powell, Janet Yellen, Eli Lilly, Morgan Stanley, Jim Cramer's, Jim, Brendan Mcdermid Organizations: Apple, Microsoft, Companies, Procter, Gamble, Costco, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange Locations: Iran, Russia, China, U.S, East, Ukraine, Taiwan, New York City
A man is reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan April 18, 2023. REUTERS/Issei Kato Acquire Licensing RightsOct 23 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The ICE BofA Treasuries index fell 1.4% last week, its biggest fall since May, and is at an eight-year low. Perhaps ominously, however, Friday's bond market relief didn't ease the pressure elsewhere - Wall Street's three main indices still closed 0.9%-1.5% lower. According to Goldman Sachs, financial conditions in emerging markets and globally are the tightest in almost a year.
Persons: Issei Kato, Jamie McGeever, Treasuries, That's, Goldman Sachs, Pan Gongsheng, September's, Diane Craft Organizations: REUTERS, ICE, Traders, Bank of Japan, Australian PMI, PMI, Thomson, Reuters Locations: Tokyo, Japan, U.S, South Korea, Australia, Singapore, Asia, China, Australian
US oil production reached an all-time high last week at 13.2 million barrels per day. If this trend continues, "millions of people will die," Stanford climate scientist Rob Jackson said. And it conflicts with oft-repeated Republican talking points of a Biden "war on American energy." Weekly domestic oil production has doubled from the first week in October 2012 to now. US oil production reached an all time high recently.
Persons: Biden, Rob Jackson, Bill Hare, Hare, John Sterman, Jackson, Samantha Gross, Gross, Stanford's Jackson, Joe Biden, Susan Walsh Biden's, Jared Bernstein, Bernstein, They've, Joshua Boak Organizations: Service, United, Biden, U.S . Department of Energy's Energy, Administration, United Nations, United Arab Emirates, Exxon, Mobil, Cote d'Ivorie, Climate Interactive, Stanford University, Carbon, White, Brookings Institution, Energy, EIA, AP, American Energy, Republican, House Energy, Commerce, White House Council, Economic Advisers, Wildlife Locations: Stanford, United States, Norway, Australia, United Kingdom, Canada, France, Shell, Guyana, Cote, Saudi Arabia, Alaska, Washington ,
After a long period of scepticism towards European equities, some investors and analysts are finding cause for optimism. European companies are expected to enter their first earnings recession - two consecutive quarters of falling earnings - since 2020. But European stocks are better priced for a recession than their U.S. counterparts, said Matthew McLennan, co-head of First Eagle’s Global Value team. First Eagle's McLennan said the weaker euro in part supported the outlook for European equities. "There's some possibility that European equities, by both their valuation and their currency valuation, could do better than U.S. equities over a period of time".
Persons: Jefferies, Mohit Kumar, LSEG, Matthew McLennan, Goldman Sachs, Oliver Collin, Europe's, Collin, LVMH, Ayesha Akbar, Eagle's McLennan, Joice Alves, Mark Potter Organizations: Silicon Valley Bank, Credit Suisse, Deutsche Bank, U.S, drugmaker Novo Nordisk, Fidelity, Thomson Locations: Frankfurt, Silicon, Germany, U.S
I bought SZA concert tickets with a rainy day cash fund. On the back in gold gel-pen letters, I'd written "Rainy Day Cash." Inside was a small amount of cash I'd received for my birthday a couple of months ago. Girl math became the topic of viral videos on TikTok in which women justify spending money on coffee, clothes, or concert tickets because the cost is relative to the value they place on it. Timothy Norris/GettyMy cash envelope was similar to another personal finance strategy called " cash stuffing ," by which people budget their monthly expenses in cash envelopes and only spend what they have set aside for each category.
Persons: , Taylor, I'd, Imani Barbarin, SZA, Timothy Norris, Getty Organizations: Service, Ticketmaster, Barclays Center
It's even tougher to buy a home right now than it was during the peak of the mid-2000s housing bubble. For one, the labor market remains very strong, meaning demand will be supported — if people still have jobs, they still have money coming in to save for a home. Goldman SachsIn the Great Recession, rising unemployment hurt housing demand, bringing down home prices. Another reason Karoui thinks things are different today is what's happened in the adjustable-rate mortgage market. During the Great Recession, for example, unemployment stayed around current levels for several more months following Treasury yield curve inversion before rising meaningfully.
Persons: Goldman Sachs, Lotfi Karoui, Karoui, Goldman, Jan Hatzius, Piper, Michael Kantrowitz Organizations: Wall, Conference, Equity
[1/2] Cast member Paul Giamatti poses at the premiere of "Straight Outta Compton" in Los Angeles, California August 10, 2015. REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsLONDON, Oct 11 (Reuters) - Actor Paul Giamatti and filmmaker Alexander Payne reunite after almost 20 years for "The Holdovers", a Christmas-time tale of a trio of unlikely companions that premiered at the London Film Festival on Wednesday. Giamatti, who appeared in Payne's 2004 Oscar-winning movie "Sideways", plays Paul Hunham, a teacher of ancient history at a high-status New England boarding school for boys. After getting off to a disastrous start, the two-week break turns into an invigorating experience for Hunham, Mary and troubled student Angus Tully (Dominic Sessa). "The Holdovers" is out in U.S. cinemas this November and will be released globally in early 2024.
Persons: Paul Giamatti, Mario Anzuoni, Alexander Payne, Giamatti, Oscar, Paul Hunham, Da'Vine Joy Randolph, Mary, Angus Tully, Dominic Sessa, Hunham, I've, Payne, David Hemingson, Hemingson, Hanna Rantala, Leslie Adler Organizations: London, Thomson Locations: Los Angeles , California, U.S, England, Vietnam
As war rages in Israel and Gaza, Chinese social media users have come out in support of Palestine. Some commenters compared Israel to Japan, which is heavily disliked in China due for its brutal regime in World War II. On the biggest posts, support for Palestine is clear. "Normal people will support Palestine. AdvertisementAdvertisementMeanwhile, China's Foreign Ministry has urged Israel and Palestine to work toward a two-state solution, which would see an independent state of Palestine formed to co-exist with Israel.
Persons: Israel, , brazenly, Du Zhaoyu, Wenxiao Vincent, Hu Xijin, Nikki Haley —, Benjamin Netanyahu, Haley, Hu Organizations: Service, Twitter, Hamas, Palestine, Xinhua, Embassy, Israeli, Global Times, Chinese Communist Party Locations: Israel, Gaza, Palestine, Weibo, Guangzhou, Beijing, China, Japan, Nazi, Israeli, Lebanon, United States, America, Britain, Shanghai, Tel Aviv, Washington
The event, also known as "Amazon Big Deal Days," is the ideal time to get some of the best robot vacuum deals with all-time low prices. We've tested more than 40 units for our guide to the best robot vacuums and are keeping tabs on the best deals during the Amazon October sale. The top robot vacuum dealsCheck out Amazon for more robot vacuum deals. Also, visit our hub for Prime Day vacuum deals. A good budget robot vacuum is the iRobot Roomba 692, currently $164.99 at Amazon.
Persons: iRobot, Roomba, I've, It's Organizations: Amazon, ., Prime
Fain also wants workers at the plants to make top UAW assembly plant wages, which now are $32 per hour. Political Cartoons View All 1205 Images“The battery plants are going to be the make-or-break issue,” said Sam Abuelsamid, a mobility analyst for Guidehouse Insights. And if lower-paying battery plants aren't union, workers won't have anywhere to get the same wages and benefits. But they also see a future where buyers could switch, and they think wages at the battery plants should match what they make. The UAW, he said, will use this to try to organize other Korean-owned battery plants.
Persons: WAYNE, Shawn Fain's, Stellantis, they'll, Fain, , Sam Abuelsamid, It’s, festering, Ford, Jim Farley, , ” Fain, Farley, Mary Barra, Chris Jedrzejek, Jedrzejek, Todd Lauerman, “ it’s, ” It's, Abuelsamid, let's, Harry Katz, Katz, Marick, Masters Organizations: Ford, United Auto Workers, EV, General Motors, Detroit, UAW, Korean, Guidehouse, GM, Carnegie Mellon University, Bronco, Toyota, Cornell University, , Wayne State University Locations: Mich, Detroit, U.S, Kentucky, Tennessee, Michigan, Ford, Korean, Wayne , Michigan, Ohio, South Bend , Indiana
Davrick Hayes left LA for Bismarck, North Dakota after he started experiencing panic attacks. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Davrick Hayes, a 31-year-old quality assurance analyst and entrepreneur based in Bismarck, North Dakota. AdvertisementAdvertisementI had a friend in Williston, North Dakota, so I chose to live in Bismarck, the capital of North Dakota — it ticked all my boxes. The cost of living in Bismarck, North DakotaIt's obscenely cheap to live here and doesn't require a roommate just to afford a place. Things to do in Bismarck, North DakotaAs far as meeting new people and finding interesting things to do, there's not much here.
Persons: Davrick Hayes, Hayes, , It's, I've, you've, we'll, it's, I'd Organizations: Service, Jewish Locations: LA, Bismarck , North Dakota, Bismarck, Los Angeles, Williston , North Dakota, North Dakota, Bismarck , North Dakota Bismarck, Colorado, Utah
Meta in 2020 officially formed the Responsible AI (RAI) team with about 30 members of staff. Over the last year, the group's numbers have dwindled, according to five people familiar with the company and its AI work. A shrinking of the RAI team comes at a time when AI has become a global phenomenon . The Responsible AI team was restructuredJerome Pesenti, who was vice president of Meta's AI group, including the RAI team, left last summer and founded his own AI company Sizzle AI. Compliance is important work as RAI workers try to keep Meta's AI work in line with upcoming rules and regulations .
Persons: it's, Mark Zuckerberg's, Meta, Zuckerberg, They're, Jerome Pesenti, Mike Schroepfer, Andrew, Boz, Bosworth, Pesenti, Esteban Arcaute, Kali Hays Organizations: Meta, RAI, Facebook, Social, Twitter Locations: khays@insider.com, @hayskali
On Monday, Karikó, along with her collaborator Drew Weissman, won the Nobel Prize in Physiology and Medicine. It's clear, and impressive, that Karikó didn't take those obstacles personally. Suhadolnik didn't receive the news well, she says. If you have a Ph.D. from an American Ivy League [university], that's better compared to if you have a degree from a foreign university." The type of work Karikó does, Feigl-Ding says, doesn't make splashy headlines, because groundbreaking work rarely does.
Persons: Pfizer Covid, Katalin, Drew Weissman, Karikó, didn't, Robert J, Suhadolnik, Susan, Suhadolnik didn't, Gregory Zuckerman's, I'm, wasn't, Eric Feigl, Ding, doesn't, Nobel, Albert Einstein didn't, Ding epidemiologist, Weissman Organizations: Pfizer, Moderna, CNBC, University of Pennsylvania, University of Szeged, Biological Research, Temple University, Uniformed Services University of, Health Sciences, New, Systems Institute, Harvard Medical School, American Ivy League, Universities, Systems, Harvard Medical Locations: Hungary, Philadelphia, Bethesda , Maryland, UPenn, United States, U.S, New England
To build good credit, pay bills on time, keep your credit utilization low, and reduce your debt. Gen Z is faced with paying back larger loans and more credit card debt, especially for those carrying a balance every month. Why good credit mattersGenerally, a good credit score falls between 670 to 739, according to the FICO model. The benefits of a good credit score include better approval odds when applying for a loan, credit card, or line of credit. Keep your credit utilization lowRemember, your credit utilization — the amount of available credit you are actually using — is one of the factors that determines your credit score.
Persons: , Zers, it's, Gen Z, wouldn't, Gen Zers Organizations: Service, Federal Reserve, Self
Some California residents got $40,000 in grant money to build tiny homes on their properties. AdvertisementAdvertisementThousands of California homeowners got a $40,000 check from the state to build a tiny home in their backyard last year. California is reviving the ADU grant program again, but details are being worked out. Altogether, we paid $124,000 out of pocket, got the $40,000 from the state, and a forgivable loan of $67,500. I paid for the majority of the project with my savings, and the rest with the $40,000 California ADU grant.
Persons: , Los Angeles —, Dan Romo, Daniel Romo, Kristin Romo, Dan, Kristin, Jakota Rivas, Eric Santucci, Rivas, shutdowns, wasn't, it's, we're, Rosario Organizations: Service, Housing, HPP, California ADU Locations: California, Orange County, Napa, Los Angeles, Whittier , California, New Hampshire, Napa , California, Northern California, Napa County, Rosario, Los Angeles , California
The agency said Dish left the satellite at the wrong disposal orbit at the end of its mission. AdvertisementAdvertisementThe Federal Communications Commission announced Monday it has fined Dish Network $150,000 for a retired satellite that was left in the wrong place in space as concerns about space trash grow. In a statement, the FCC said Dish left the retired satellite at a "disposal orbit well below the elevation" that was required. AdvertisementAdvertisementInstead, after realizing in 2022 that the satellite was low on propellant and would not be able to reach that altitude, Dish retired the satellite only about 76 miles above that operational arc. The FCC said the lower disposal orbit could pose space debris concerns.
Persons: , Loyaan, Flytrap, Joel C, TransAstra Organizations: FCC, Dish Network, Service, Federal Communications Commission, Dish, Bureau, FCC's, NASA
AdvertisementAdvertisementFor the first time in American history, House lawmakers have ejected the Speaker of the House from power. 3 House Republican and formerly led the House GOP's campaign arm. Donalds, who is not in House leadership, did not speak on the floor before the historic vote. She was catapulted into House leadership after Republicans booted then-Rep. Liz Cheney from her post as the N0. Once a more liberal Republican, Stefanik has become one of the biggest Trump supporters in the entire House Republican conference.
Persons: Kevin McCarthy, , Matt Gaetz's, McCarthy, Tom Emmer, Steve Scalise, Elise Stefanik, Here's, Minnesota Republican Nathan Howard, Andy Biggs, Anna Moneymaker, Scalise, Byron Donalds Rep, Byron Donalds of, Michael M, Donalds, Ron DeSantis, Jim Jordan Rep, Jim Jordan, Drew Angerer, Jordan can't, Jordan, Joe Biden, Andrew Harnik, Donald Trump's, Liz Cheney, Donald Trump, Stefanik, Kevin McCarthy Kevin McCarthy Drew Angerer, he's, Gaetz, Trump, There's, Aaron Sorkin's Organizations: Service, Minnesota Republican, Getty, Republican, Politico, Caucus, Washington Post, GOP, Louisiana Republican, Congressional, Florida Republican, Florida, Gov, Ohio Republican, The Ohio Republican, New York Republican, Republicans, Trump, Capitol Locations: Minnesota, Louisiana, Byron Donalds of Florida, Ohio, Washington
Orange juice prices have skyrocketed 270% since January 2020, per data from Refinitiv. The rapid spread of the citrus greening crop disease has led to supplies cratering. The rapidly spreading citrus greening crop disease and multiple hurricanes in Florida have hammered the supply of oranges in recent years, driving up the cost of the breakfast staple. But orange juice futures' rapid rise has been driven by two factors that even the Federal Reserve can't control: disease and hurricanes. Nvidia and Tesla are the only two "Magnificent Seven" stocks that have delivered higher returns than orange juice futures over the same period.
Persons: , St Louis, Ian, Nicole Organizations: Service, St Louis Fed, Federal, Florida cratering, Big Tech, New York, Nvidia, Tesla Locations: Florida, Louisiana , Texas , California, Brazil
LOS ANGELES (AP) — In the first few minutes on the phone with The Associated Press, Chappell Roan shared a revealing fact about herself. Born and raised in Missouri, Roan left the state for Hollywood not long after being discovered on YouTube by Atlantic Records. Roan, like Rodrigo, has a knack for candor in theatrical, cheeky pop songwriting — even when the truth is embarrassing — emphasized by her vocal range. ROAN: It's evolving constantly, but more recently it’s been more of a drag project, especially now that I’m (on) tour. I'm really uncomfortable by sex scenes in movies, or when people flirt with me.
Persons: Chappell Roan, , Roan's, , Roan, Olivia Rodrigo's, Dan Nigro, Rodrigo's, Rodrigo, Rose Amstutz, it's, ROAN, I'm, Chappell, , It's, Karen Carpenter, Stevie Nicks, don’t, I’ve Organizations: ANGELES, , Associated Press, Hollywood, YouTube, Atlantic Records, Island Records, Spotify, AP Locations: Missouri, LA, Midwest, Manhattan, “ California, ROAN
The iPhone maker in June announced its Vision Pro mixed-reality headset at an eyepopping price of $3,499 when it goes on sale next year. "There's curiosity for sure with Apple entering the market," said Tom Symonds, CEO of the UK-based VR firm Immerse. Apple CEO Tim Cook stands next to the new Apple Vision Pro headset. At its high price point, the Vision Pro will likely be more of a product for businesses, Seitz said. Initially, the price is too high and the Vision Pro will require users to wear a battery pack, creating an added nuisance during a workout.
Persons: Andrew Bosworth, Josh Edelson, Mark Zuckerberg, it's, Tom Symonds, Meta, Zuckerberg, Tim Cook, Justin Sullivan, Aneesh Kulkarni, Kulkarni, Josette Seitz, Seitz, Gaspar Ferreiro, Apple, Ferreiro, Jeffrey Morin, Morin, Litesport, " Morin, Apple's Organizations: Facebook, Meta, AFP, Getty, VR, Menlo, Apple, Street, Apple Vision, Baltu Technologies, Car Studios, Vision Locations: Menlo Park , California, Web3, billings
[1/3] Former U.S. President and Republican presidential candidate Donald Trump speaks during a 2024 presidential campaign rally in Dubuque, Iowa, U.S. September 20, 2023. Democrats are hoping to exploit what they see as a structural weakness for Republicans in battleground states in 2024: any Republican candidate who criticizes Trump risks losing the party's Trump-loving voter base. But they believe any Republican who doesn't condemn Trump risks losing more moderate Republicans and independent voters they need to beat a Democrat. Republican party officials say Democrats' time would be better spent worrying about their own presidential candidate Joe Biden's popularity. "The amount of damage Trump has done to the Republican Party in the suburbs is extraordinary.
Persons: Donald Trump, Scott Morgan, Representative Don Bacon, Donald Trump's, hadn't, Bacon, Joe Biden, Trump, party's, doesn't, Jennifer Holdsworth, Joe Biden's, It's, Emma Vaughn, Pat Dennis, Dennis, That's, Biden, Dave McCormick, Bob Casey Jr, McCormick, Dave, Jarrett Renshaw, Heather Timmons, Alistair Bell Organizations: U.S, Republican, REUTERS, Rights, Republican U.S, Representative, White, Democratic, Trump, Democrat, Republicans, Democrats, Reuters, Republican National Committee, Pennsylvania Democrats, Democratic Party, Republican Party, Pennsylvania, Thomson Locations: Dubuque , Iowa, U.S, Nebraska, Arizona, Afghanistan, North Carolina , Arizona, Pennsylvania
CINCINNATI (AP) — Getting into the end zone seemed tougher for the Los Angeles Rams when it mattered most on Monday night. The Rams suffered a 19-16 loss to the Bengals in their first regular-season rematch of the Super Bowl after the 2021 season. While the Aaron Donald-led defense kept Cincinnati without a touchdown in the first half, the Rams' offense behind a young, banged up offensive line couldn't capitalize. His pick in the second half led to a Cincinnati field goal. The Rams averaged more yards per play than Cincinnati — 5.6 yards to 4.2 — but they couldn’t string enough plays together.
Persons: Aaron Donald, Matthew Stafford, Tutu Atwell, Stafford, Atwell, we’re, ” Stafford, Sean McVay, Ahkello Witherspoon, Joe Burrow, ” McVay, , ” ___ Organizations: CINCINNATI, Los Angeles Rams, Rams, Bengals, , Cincinnati, Indianapolis, ” ___ AP Locations: Cincinnati, Los Angeles, Los
The move comes 16 years after Amazon unveiled a similar subscription offering. Walmart has spent years adding to its online and delivery options to compete with Amazon and other retailers. AdvertisementAdvertisementWalmart now lets you order items through a subscription — something that Amazon has offered for years. It launched Walmart+, a subscription service that provides free delivery and other benefits, in 2020. Amazon launched Prime, its own subscription service, in 2005.
Persons: , Kevin Coupe, DoorDash Organizations: Walmart, Amazon, Service
"This is a joke," another person wrote on a forum for website owners . No longer is it "helpful content written by people, for people," but simply, "Helpful content written for people." She watched pages that previously ranked first for certain terms tumble to fifth, sixth, or seventh place in Google search results. Spotting AI content is impossibleIt's unclear how much of the content that has been bumped up is AI-generated, or whether this is just other content written differently by humans. AdvertisementAdvertisementGoogle continues to say that content built entirely for the purpose or ranking high in search results will be punished.
Persons: Morgan Overholt, I've, , Barry Schwartz, Overholt, they've, John Mueller, Schwartz, Mueller, Johannes Vermeer Organizations: Google, Service Locations: Wall, Silicon
Evercore ISI upgrades CVS to outperform from in line Evercore ISI said in its upgrade of the drugstore chain that the stock is attractive. Daiwa upgrades Dell to outperform from hold Daiwa said in its upgrade of Dell that "AI is starting to kick in." JPMorgan downgrades Planet Fitness to neutral from overweight JPMorgan downgraded Planet Fitness due to leadership changes and "ongoing systemic challenges." TD Cowen reiterates Nvidia as outperform TD Cowen said it's even more bullish on the stock after attending a recent conference. TD Cowen downgrades Starbucks to market perform from outperform TD Cowen said in its downgrade of the coffee giant that it's concerned about China pressures.
Persons: Goldman Sachs downgrades Lazard, Goldman Sachs, Truist, Daiwa, Chris Rondeau —, , TD Cowen, Cowen, it's, Raymond James, downgrades Deere, KeyBanc Organizations: Barclays, CVS, Dell, Holdings, JPMorgan, Nvidia, Technology, Apple, Micron, Citi, GE Healthcare, GE, General Electric, " Bank of America, Bank of America, China SSS, Evercore, Deere Locations: Royal Caribbean, China
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