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☆ How BlackRock’s Rick Rieder generates outperformance and attractive yield for his Flexible Income ETF
▼ + stars: | 2024-01-24 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

In a sea of income-generating exchange-traded funds, BlackRock 's actively managed Flexible Income ETF (BINC) seeks to stand out with a multisector approach that balances high quality and high yield. "The way we built this portfolio is marrying high yield, investment-grade credit, agency mortgages and securitized [products]," Rieder said in an interview. Rieder said he's investing more in European high yield these days because of the strong U.S. dollar. "That is really attractive — and European high yield is cheaper than U.S.," he said. In U.S. high yield, single-B-rated debt is the most attractive, the investor said.

Persons: Rick Rieder, Rieder, BINC, it's, they're, We're, Indonesia — Organizations: BlackRock, SEC, Morningstar, Federal, Agency Locations: U.S, European, Mexico, Brazil, Indonesia

☆ A millennial mom thinks we can learn a lot from Gen Alpha, so she's reporting back from the trenches: a middle school pick-up line
▼ + stars: | 2024-01-24 | by ( Andrew Lloyd | ) www.businessinsider.com time to read: +5 min

Hitchon sat in her car as she relayed observations about Gen Alpha, which she had spotted as a parent in the "trenches" of the school pick-up line. Gen Alpha boys were embracing early 2000s haircuts, and hoodies were very much in all around. AdvertisementThe video blew up, so Hitchon continued to post updates on Gen Alpha trends over the following weeks in a series that received millions of views. "Gen X in particular love to talk about how they don't care what younger generations think." Hitchon wants the world to know how funny, self-aware, and socially conscious Gen Alpha is.

Persons: Faith Hitchon, —, Hitchon, Gen, Alpha, X, millennials Organizations: Service, Gen Alpha, Alpha Locations: Los Angeles , California, India

☆ Here’s how to squeeze a little more juice out of these tax-advantaged yields
▼ + stars: | 2024-01-23 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Indeed, investors get paid for taking a small step down in credit quality in the muni bond space. What's even sweeter is that municipal bond income is generally exempt from federal income tax. This also means high income investors would have to scoop up a higher yielding corporate bond to get the same tax-advantaged yield a muni bond would generate. A measured amount of risk Munis offer lower yields compared to their corporate counterparts, but they also carry significantly less risk. Lower risk, however, doesn't necessarily mean risk free.

Persons: Jennifer Johnston, Franklin Templeton, Lyle Fitterer, munis, corporates, Cooper Howard, Jonathan Mondillo, Franklin Templeton's Johnston Organizations: Federal Reserve, Franklin, AAA, muni, Strategic Municipal Bond Fund, York Life Investments, Moody's Investors Service, Charitable, Schwab Center, Financial Research Locations: muni, Abrdn

(Both men already hold sizable amounts of Alibaba stock.) Alibaba itself bought back $9.5 billion worth of stock last year, reducing its share count by over 3 percent. The stock purchases will probably bring attention back to Ma, a former English teacher who helped start Alibaba as an e-commerce platform. Ma, who hasn’t held a management role at Alibaba or Ant in years but remains a lifetime partner in the Alibaba Partnership, now largely focuses on Bill Gates-style philanthropy. And she’s expected to take swipes at Trump’s economic record as president.

Persons: Tsai, Ma, Alibaba, Ant, hasn’t, Bill Gates, Nikki Haley, Donald Trump, Eric Rosengren, Robert Kaplan, Kaplan, Rosengren, Archer, Daniels, Vikram Luthar, Scott Stuber, Spike Lee, Martin Scorsese, Jane Campion, Stuber, Ted Sarandos, Netflix’s, Bela Bajaria, Biden’s, Janet Yellen, Lael Brainard, they’re, Biden, ” Ray Fair Organizations: Pool Management, Alibaba, Brooklyn Nets, New York Liberty, Nets, Boston Fed, Dallas Fed, Republican, Biden, Yale, Times Locations: U.S, Hong Kong, China, Ma, Beijing, ’, Paris, New Hampshire, Dixville

If the economic data shows that inflation is continuing to come down in 2024 and the Fed remains open to cutting rates this year, mortgage rates should start to trend down. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-Year Fixed Mortgage Rates Increase (+0.20%)The current average 30-year fixed mortgage rate is 6.38%, up 20 basis points since this time last week. 20-Year Fixed Mortgage Rates Higher This Week (+0.30%)The average 20-year fixed mortgage rate is up somewhat from last week, and is sitting at 5.99%. 15-Year Fixed Mortgage Rates Rise (+0.34%)The average 15-year mortgage rate is 5.73%, up 34 points from last week.

Persons: Fannie Mae, Freddie Mac, you'll, It's, refinance Organizations: Federal Reserve, Zillow, FHA Locations: Chevron

☆ Small cities to watch in 2024: Why these 4 underrated locales are drawing movers from big cities
▼ + stars: | 2024-01-22 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Some movers are giving up on Los Angeles and Dallas for smaller cities in Texas and Nevada. The cherry on top is the relatively affordable real estate compared to other cities. That lump sum of cash got some movers in the door, but the booming job market and relatively affordable housing are keeping them there. New Braunfels, Texas Regan Bender/ShutterstockPeople flock to the Lone Star state, but not always to the usual destinations. New Braunfels, Texas, attracts more movers than Austin and Dallas today with its relatively affordable homes and dearth of job opportunities.

Persons: —, Vegas , Nevada Wendy Lee Las, Richard Katz, Katz, Andrew Arevalo, Adam Outlaw, Outlaw, New Braunfels , Texas Regan Bender, Anna Lagos, we'd, Jean Tanner Organizations: Service, Austin, . Topeka , Kansas Getty, Topeka, Lone Star, Adobe, Meta, Microsoft Locations: Los Angeles, Dallas, Texas, Nevada, New York, Austin, Las Vegas, New Braunfels , Texas, Topeka , Kansas, Provo , Utah, Vegas , Nevada, Sin, Virginia, Vegas, . Topeka , Kansas, Topeka, Boston, California, San Antonio, New Braunfels, Lagos, Denver, Salt Lake City, Provo

☆ There are 3 bullish signals flashing that point a recovery in the housing market, Compass CEO says
▼ + stars: | 2024-01-22 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

The housing market is flashing signs of life, Compass CEO Robert Reffkin said. AdvertisementThe housing market is flashing a handful of bullish signals for the year ahead, according to Compass CEO Robert Reffkin. The founder of one of the nation's top real estate brokerages said he believed the housing market will be on the path to recovery in 2024. But more owners appear to be moving out of necessity or have warmed up to the idea of selling as mortgage rates head lower. At this rate, buyers are outpacing sellers in the market, Reffkin said, noting that Compass's real estate agents are seeing more business in the new year.

Persons: Robert Reffkin, Reffkin, —, brokerages, Freddie Mac, Sam Lafoca, LM Otero, Sellers, Phil Noble, I've, Barbara Corcoran Organizations: Service, National Association of Realtors, CNBC, Community, Getty, Associated, REUTERS, Mortgage, Association, New Locations: lancaster California, USA, Dallas, Kirkham, England

☆ Jay Z's luxury watch collection is worth millions and includes one of the most complicated timepieces ever made
▼ + stars: | 2024-01-21 | by ( Julie Gerstein | ) www.businessinsider.com time to read: +9 min

Richard Mille RM011 Felipe Massa Chronograph Rose GoldJay Z expanded his collection of Richard Mille watches with this RM011 Felipe Massa Chronograph in rose gold. The rapper's Audemars Piguet Royal Oak 26585CE has an openwork sapphire dial and rose gold dial markers. Patek Philippe Nautilus 5711 in Tiffany BlueThe Patek Philippe 5711 was released in limited quantities in early 2021. The watch is based on the AP Royal Oak design that debuted in 1972 from watch designer Gérald Genta. Patek Philippe 2499Patek Philippe produced this watch from 1950 to 1985 in extremely limited quantities — only 349 were made.

Persons: —, Jay Z, Shawn Carter, Audemars Piguet, Hublot, Otis, Beyoncé, de Genève, Jay Z's Shawn Carter Hublot, Shawn Carter Hublot, Richard Mille, Richard Mille Jay Z's, freestyled, Rich Schultz, Richard Mille RM011 Felipe Massa Chronograph Rose, Felipe Massa Chronograph, Felipe Massa, Mille, Richard Mille RM027 Rafael Nadal Richard Mille, Matthew Stockman, Richard Mille RM027 Rafael Nadal, Rafael Nadal, Novak Djokovic, Nadal, Richard Mille Rafael Nadal, Roger Kisby, Audemars that's, 26585CE, Philippe, Phillip, Tiffany, Tiffanys Jay Z, Patek Philippe collab, Tiffany Blue, Audemars, Yves Klein, Klein, Gérald, Paul Newman Dial, Paul Newman, Newman, Jay, Z, Patek Philippe, Phillip Patek Jay Z, DJ Khaled, Patek, Patek Philippe Grandmaster, Getty, Jay Z's Patek Philippe, Tony Kavak, Kavak Organizations: Service, Business, GQ, Getty, Radio City Music Hall, Philippe Nautilus, AP, IFL Locations: Swiss, Brooklyn, Mille, Paris, French, Christie's, Geneva

☆ Red Sea crisis: Why escalating violence in the Middle East isn’t pushing up gas prices
▼ + stars: | 2024-01-18 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

The prices of a barrel of Brent crude, the global oil benchmark, and West Texas Intermediate, the US oil benchmark, have barely moved. Now, however, analysts say economic factors — weaker demand in countries such as China and Germany, ample oil and gas supply — are superseding concerns about violence in the Middle East. Al Drago/Bloomberg/Getty ImagesGlobal oil demand growth is expected to almost halve this year, the International Energy Agency said in a report Thursday. At the same time, global oil supply is forecast to hit an all-time high, driven by record output from countries including the United States and Canada, the IEA said. Nan said relatively modest demand was also helping to prevent spikes in gas prices.

Persons: Brent, “, Homayoun, “ It’s, ”, Hope, Al Drago, That’s, Falakshahi, Xi Nan, Kpler, Wood Mackenzie, Nan Organizations: London CNN, Hamas, West Texas Intermediate, AAA, CNN, National Bureau of Statistics, Bloomberg, Getty, International Energy Agency, Organization of, Petroleum, Rystad Energy, Gas Infrastructure, LNG “ Locations: Red, Iran, Pakistan, Gaza, Ukraine, China, Germany, South Africa, Washington , DC, United States, Canada, Russia, OPEC, Europe, wean, Gas Infrastructure Europe, Africa, Qatar, United Kingdom

"When you see the news of a Wall Street employee or any highly paid professional dying this way, it obviously wakes you up." Wall Street is all about relationships, which often means spending big money to show people a good time. "That's been the Wall Street playbook for many, many years, and I don't think it has changed." On the other side of the coin is Wall Street, where a history of drug use can haunt working professionals for years. AdvertisementLaird thinks Wall Street firms could learn a thing or two from other industries when it comes to their response to addiction.

Persons: Rudy Giuliani, It's, Joe, I'm, Anna Lembke, Streeters, biohacking, Wall, couldn't, Rudolph Giuliani, Getty John Battaglia, Spear, Goldman Sachs, " Battaglia, Goldman, Adderall, Jaime Blaustein, Blaustein, Sylvia Brafman, Zyn, who's, JAMES ARTHUR GEKIERE Denise Shull, hasn't, Shull, —, Artur Widak, they've, Ray Donovan, AGNES BUN, Battaglia, Ross Peet, Betty, Lembke, Leonardo DiCaprio, Paramount Pictures Trey Laird, Laird, Trey, That's, Peet Organizations: Business, New York Times, Wall, psychedelics, Stanford, Addiction, Mental Health Services Administration, Bettmann, Leeds, Kellogg, Sylvia Brafman Mental Health, BI, Citadel, Getty, National Institute on Drug Abuse, Credit Suisse, Traders, Bank of America, New, Betty Ford Foundation, Street, Paramount Pictures, Needham & Co, Treatment, Industry Locations: Manhattan, New York, Brussels, Silicon Valley, California, Arlington , Virginia, New York City, Bank, New Canaan , Connecticut

As the Fed is able to start lowering its benchmark rate, mortgage rates should go down further in 2024. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-Year Fixed Mortgage Rates Drop Slightly (-0.17%)The current average 30-year fixed mortgage rate is 6.18%, down 17 basis points since this time last week. 20-Year Fixed Mortgage Rates Fall (-0.27%)The average 20-year fixed mortgage rate is down somewhat from last week, and is sitting at 5.69%. 15-Year Fixed Mortgage Rates Decrease (-0.27%)The average 15-year mortgage rate is 5.39%, also down 27 points from last week.

Persons: Christopher Waller, Waller, you'll, It's, refinance Organizations: Federal Reserve, Brookings Institution, Federal, Zillow, FHA Locations: Chevron

☆ We're raising our Morgan Stanley price target despite the stock's post-earnings decline
▼ + stars: | 2024-01-16 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Morgan Stanley on Tuesday morning reported an adjusted earnings-per-share beat. MS 1Y mountain Morgan Stanley 1 year Shares of Morgan Stanley were on a five-session losing streak with Tuesday's post-earnings 5% decline. However, Morgan Stanley — and for that matter, Wells Fargo — saw their stocks surge into the end of 2023. Asset management revenue increased 6% from last year, reflecting higher asset levels and the impact of positive fee-based asset flows. Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, 2023.

Persons: Morgan Stanley, Wells Fargo, Morgan Stanley's, Morgan Stanley —, Ted Pick, Morgan Staley, ROTCE, it's, Morgan, Morgan Stanley repurchased, Jim Cramer's, Jim Cramer, Jim Organizations: Revenue, Bloomberg, Federal Deposit Insurance Corporation, Silicon Valley Bank, Morgan, Wealth Management, Investment Banking, FDIC, Institutional Securities, Investment, Equity, Morgan Stanley's Wealth Management, Investment Management, Asset, Capital, CNBC, Bloomberg Television, Getty Locations: Silicon, Wells Fargo —, U.S, New York

☆ Ben Shelton: US tennis star doesn’t want to ‘put a ceiling’ on what he can achieve
▼ + stars: | 2024-01-12 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

CNN —About this time last year, Ben Shelton was an up-and-coming tennis player taking his first-ever trip outside the United States. It figures, then, that Shelton enters his second full season as a professional tennis player with weighty expectations. “There’s not one path for everybody, and I don’t think that my path is perfect, but it really worked for me,” says Shelton. I don’t feel like I have too many miles on my body yet.”On the court, Shelton is physical and powerful. I think I’m also more comfortable taking away time and coming forward to the net.

Persons: Ben Shelton, Shelton, ” Shelton, Skip, Novak Djokovic, Brad Gilbert, Andy Roddick, Frances Tiafoe, Geoff Burke, Reuters It’s, Roddick, Taylor Fritz, Tommy Paul, coy, someone’s, ”, Aslan Karatsev, Kazuhiro Nogi, – Carlos Alcaraz, Coco Gauff, Emma Raducanu, – Shelton, “ There’s, “, haven’t, Scott Perelman, Bryan, Djokovic, Mike Stobe, Shelton – Organizations: CNN, CNN Sport, Melbourne, ATP, Reuters, Football, Japan, University of Florida, NCAA, Roddick, Georgia Tech Locations: United States, Australia, Japan, American, USA, AFP, Georgia, Florida, Tokyo, Swiss, tennis

☆ CPI: America’s final inflation report for 2023 just came in
▼ + stars: | 2024-01-11 | by ( Alicia Wallace | ) edition.cnn.com time to read: +5 min

Economists were expecting the annual overall inflation rate to tick higher, to 3.2% from the 3.1% headline reading the month before, according to FactSet consensus estimates. Despite the acceleration, the annual rate of consumer-level inflation is down considerably from December 2022’s rate of 6.5%; additionally, a closely watched measure of underlying inflation slowed further. In December, core goods prices were flat, an apparent stalling out after six months of declines. Rising shelter costs have kept core services elevated. The central bank has a target inflation rate of 2%, as measured by the Personal Consumption Expenditures price index, which has its latest reading due out later this month.

Persons: “, ” Wendy Edelberg, ” “, ’, Brian Coulton, Fitch, ” Scott Anderson, Jerome Powell, Joe Brusuelas, ” Organizations: New, New York CNN, of Labor Statistics, BLS, The Hamilton Project, Brookings, CNN, Federal, BMO, CPI, PCE, RSM Locations: New York, November’s

☆ Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again
▼ + stars: | 2024-01-10 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. Real estate agents, however, say they are starting to see a new surge in demand from buyers who were sidelined by the higher rate environment. More consumers also said they expect mortgage rates to fall further, according to a recent report from Fannie Mae. Mortgage rates increased again slightly to start this week, but remain in the 6% range. If it is higher than expected, signaling there is more to do to curb inflation, mortgage rates could move up even more.

Persons: Joel Kan, Fannie Organizations: Mortgage, New, CNBC PRO Locations: Hercules , California, Fannie Mae

☆ Mortgage rates will tick down: Zillow co-founder Spencer Rascoff
▼ + stars: | 2024-01-03 | 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 EmailMortgage rates will tick down: Zillow co-founder Spencer RascoffSpencer Rascoff, Zillow co-founder and former CEO, joins 'Money Movers' to discuss the current state of mortgage rates and applications, what will change the patience of homebuyers, and more.

Persons: Zillow, Spencer Rascoff Spencer Rascoff, homebuyers

☆ Slack's Christina Janzer is counting on AI to help workers use their time more effectively in 2024
▼ + stars: | 2023-12-29 | by ( Josée Rose | ) www.businessinsider.com time to read: +6 min

While I don't think AI is going to solve everything, I'm really excited for the role that AI is going to play in making work better. AI is really going to help people balance their workday. I think that's really going to help people clear their day and stop spending so much time on those more routine tasks that could just be automated. I think it's also going to give us an opportunity to think about productivity in a much more meaningful way. You have to really think about how you're structuring your day in order to maximize productivity.

Persons: Christina Janzer, she's, —, Salesforce, Slack, We're, I'm, it's, they're Organizations: Service Locations: Business, America

☆ The US economy is in a Goldilocks period, and the Fed has a 'loaded gun' it can use if conditions worsen, Apollo co-president says
▼ + stars: | 2023-12-05 | by ( Aruni Soni | ) www.businessinsider.com time to read: +2 min

The Fed has a "loaded gun" it can use if the Goldilocks economy worsens, Apollo Asset Management's co-president said. That's as the central back has kept rates high, giving policymakers room to lower them. "I would argue that the Fed put is back, sort of, on the market right now," James Zelter told Bloomberg TV. AdvertisementZelter noted the Fed has maintained "fairly high rates," which currently stand at 5.25%-5.5% — the highest since 2001 . Those Goldilocks conditions have helped stocks rocket upwards, as markets bet on the end of the Fed's rate hikes.

Persons: That's, James Zelter, —, Zelter, Mohamed El Organizations: Fed, Bloomberg, Service, Apollo Asset Management

☆ Bond yields will come down from their fever pitch in 2024. How to prepare your portfolio
▼ + stars: | 2023-12-05 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Expect to work a little harder for those fixed income returns in the new year. As a result, it may be time to start unwinding those big cash positions and adopt a longer-term mentality for fixed income investments. A runup in bond yields is accompanied by a decline in prices, and the two move inversely to one another. The sector "remains well positioned to maintain its high credit quality, driven by solid state credit quality and strong state financial support, despite soft enrollment trends," analyst Kathleen McNamara wrote last week. Consider dollar cost averaging into those longer-dated positions, incrementally building up exposure to intermediate duration bonds.

Persons: Jerome Powell, it's, Kathy Jones, Shannon Saccocia, Jones, Nicholos Venditti, Kathleen McNamara, Schwab's Jones, Barry McAlinden, Michael Bloom Organizations: Schwab Center, Financial Research, Bond, SEC, Muni Bond ETF, Allspring Global Investments, UBS

NEW YORK (AP) — By airing the fourth Republican presidential primary debate scheduled for Wednesday — again, minus Donald Trump — the young NewsNation television network will almost certainly reach the largest audience in its history. A NETWORK STILL SEEKING AN AUDIENCEPolitical Cartoons View All 1277 ImagesThe debate is to air from 8 to 10 p.m. ET and will also be shown on the CW network, which like NewsNation is owned by the Nexstar Media Group. A HIGH-PROFILE DEBATE HEADLINERIn awarding the rights to televise Wednesday's debate, the Republican National Committee chose the debate moderators. Kelly's experience working debates during the 2016 Republican presidential nominating process shot her to fame through her feud with Trump.

Persons: —, Donald Trump —, Megyn Kelly, ”, Cherie Grzech, NewsNation's, NewsNation, Chris Cuomo, Dan Abrams, Ashleigh Banfield, Leland Vittert, Abrams, Joe Berkowitz, “, cursorily, Chris Stirewalt, Bill Shine, Grzech, haven't, I've, Elizabeth Vargas, Eliana Johnson, Kelly, It's, Kelly hasn't, hasn't, She's, Ron DeSantis, ” Kelly, Nikki Haley's, “ cringy, Chris, Christie, you've, Vivek Ramaswamy's, she's, Tom Jones, ” Jones, Grezch, Trump, ___ David Bauder Organizations: Republican, Nexstar Media Group, CW, WGN America, CNN, ABC News, MSNBC, Fox News, Nielsen, Hollywood Reporter, Media, Daily, Fox, Republican National Committee, Washington Free Beacon, Trump, NBC News, Walt Disney Corp, Poynter Institute, Associated Press Locations: Florida

☆ Israeli Mothers Knew Their Sons Would Serve. But They Didn’t Expect War.
▼ + stars: | 2023-12-03 | by ( Miriam Jordan | More About Miriam Jordan | ) www.nytimes.com time to read: +1 min

The six mothers had gathered in a Jerusalem home on a recent Friday to prepare challah, the braided bread that Jews eat on the Sabbath. After they recited a blessing that is part of the ritual, each woman added a prayer of her own. “I just want everybody to come back alive and in one piece, mentally and physically,” said one, her voice breaking. No sooner had the women finished praying than a WhatsApp message appeared on Rebecca Haviv’s cellphone. “I’m gonna be without a phone soon,” wrote her son, Adam, a 29-year-old combat soldier on reserve duty.

Persons: “, ”, Ruthie Tick, Rebecca Haviv’s, Adam Organizations: Israeli Army Locations: Jerusalem, Gaza, Iran, Israel, Lebanon

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-Year Fixed Mortgage Rates Decline (-0.16%)The current average 30-year fixed mortgage rate is 6.75%, down 16 basis points since this time last week. 20-Year Fixed Mortgage Rates Go Down (-0.18%)The average 20-year fixed mortgage rate is down 18 basis points from last week and sits at 6.40%. 15-Year Fixed Mortgage Rates Decrease (-0.17%)The average 15-year mortgage rate is 6.12%, down a bit from last week. Mortgage rates have risen throughout 2023, and they're higher than they were in November 2022.

Persons: Freddie Mac, Sam Khater, Freddie Mac's, you'll, It's, refinance Organizations: Zillow, FHA Locations: Chevron

☆ Stock Market Today: Futures Tick Up; Investors Await Tesla Cybertruck Update
▼ + stars: | 2023-11-30 | by ( ) www.wsj.com time to read: +1 min

Stocks, international currencies, and bitcoin have also rallied, with traders betting the Federal Reserve is done lifting interest rates. In Europe, the Stoxx Europe 600 inched higher after data showed French inflation softening in November. Up ahead: Tesla will update investors on the Cybertruck. The Fed’s preferred inflation gauge, the PCE, or personal-consumption expenditures price index, is also due. Economists expect to see signs of softening inflation.

Persons: Stocks, Tesla, Brent Organizations: Bloomberg U.S, Federal, Nasdaq, Stock, Dow, Treasury, RBC, Kroger, Dell, Marvell, PCE Locations: Russia, Europe

☆ I'm a college-admissions expert and father. Here's how I'm ensuring my children are set up for college.
▼ + stars: | 2023-11-30 | by ( Steve Gardner | ) www.businessinsider.com time to read: +5 min

I'm a college-admissions expert, and I know what helps teens most when applying to college. AdvertisementFill knowledge gaps firstWhen children begin a class with gaps in understanding, knowledge base, or critical skills, they struggle to keep up. If your teen or preteen has similar knowledge gaps, no amount of willpower or positive thinking will compensate. With regard to college admissions, please rethink this. When applying for college, teens do need to demonstrate academic competency.

Persons: I'm, they'll, —, I've, it's Organizations: Service, Khan Academy Locations: —

☆ Charlie Munger was still picking and holding winners into his 90s. Here are some of his favorites
▼ + stars: | 2023-11-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +7 min

BYD is so much ahead of Tesla, it's almost ridiculous ," Munger said in February. Except for that, it is a perfect damn company, and it has a marvelous future," Munger said earlier this year. Even though 2023 has been marked by the strong performance of major tech stocks, Costco has proven to be a big winner with a gain of nearly 30%. Except for that, it is a perfect damn company, and it has a marvelous future," Munger said earlier this year. Even though 2023 has been marked by the strong performance of major tech stocks, Costco has proven to be a big winner with a gain of nearly 30%.

Persons: Charlie Munger's, Munger's, Warren Buffett, Munger, Berkshire Hathaway, Hathaway, Elon Musk, Tesla, Costco Wholesale . Munger, It's, Banks, Charlie, Charlie Munger Charlie Munger's, Charlie Munger’s, Charlie Munger, Lacy O'Toole, CNBC Charlie Munger's, Elon Musk's Tesla Organizations: Berkshire Hathaway, Daily Journal Corp, Berkshire, BYD, Daily, Costco, Costco Wholesale ., Bank of America, U.S . Bancorp, DJ, Berkshire Hathaway Inc, CNBC Locations: Berkshire, China, Tesla, BYD, America, Wells Fargo, California

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