Federal Reserve Chairman Jerome Powell.Andrew Harnik | Getty ImagesThe U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets, an analyst has suggested, as opinion on the central bank’s forthcoming meeting remains hotly divided.Michael Yoshikami, CEO of Destination Wealth Management, said Monday that a bigger cut would demonstrate that the central bank is ready to act without signaling deeper concerns of a broader downturn.”I would not be surprised if they jumped all the way to 50 basis points,” Yoshikami told CNBC’s “Squawk Box Europe.””That would be considered, on one hand, a…
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Heart have announced their newly rescheduled North American tour dates for 2025 – see the full list of dates below. Yesterday (September 9), the veteran rock band took to social media to announced their 2025 tour dates across North America, which were rescheduled after the band postponed all 2024 performances in July for singer Ann Wilson to undergo cancer treatment. It came after the band postponed a string of shows for Ann to undergo a “time-sensitive” medical procedure in late May. In July, Ann Wilson revealed that the procedure was to remove something that “as it turns out, was cancerous”.…
Independent presidential candidate Robert F. Kennedy Jr. makes an announcement on the future of his campaign in Phoenix, Arizona, U.S. August 23, 2024. Thomas Machowicz | ReutersFormer independent presidential candidate Robert F. Kennedy Jr. will appear on the ballot in Michigan in November, the state’s Supreme Court ruled Monday, a decision that could boost the national candidacy of Democratic nominee Vice President Kamala Harris over GOP nominee former President Donald Trump.The Supreme Court overturned the state’s Court of Appeals ruling Friday that had removed Kennedy from the state’s ballot against the wishes of Michigan Secretary of State Jocelyn Benson.The majority decision…
Welcome to Today in Books, our daily round-up of literary headlines at the intersection of politics, culture, media, and more. Richard Powers on What We Do to the Earth and What It Does to Us Hua Hsu writing a long profile of Richard Powers in The New Yorker. Happy Monday to me. I’ve read a bunch of Powers’ novels, but still didn’t have much of a sense of him, which I sorta liked, honestly. I knew he was a former English (well rhetoric technically) major turned computer programmer, but little else. Which was all the better that I got to…
Have you ever smelled food so good that you wanted to wrap it up and save the scent for later? This is pretty much the concept of the best gourmand perfumes, but instead of steaks and hamburgers, imagine a fragrance that captures your favorite sweet treat. Creamy vanilla ice cream, rich chocolate mousse, dark steeped coffee, bright fruit tarts –we’re talking the whole dessert cart here. The essence of gourmand perfume is a fragrance that smells like food. It’s all about indulgence with these colognes, evoking mouth-watering memories with notes of Tonka bean, orange blossom, espresso, and beyond. But the…
James Earl Jones in ‘Coming to America.’ Photo: Paramount Pictures.Preview:Legendary actor James Earl Jones passes away at 93He was best known for his role as the voice of Darth VaderJones is one of the few actors who have won the EGOTDistinguished actor James Earl Jones passed away this Monday in his home in Dutchess County, New York, at the age of 93. Jones is known for roles such as the voice of Darth Vador in ‘Star Wars’, Terence Mann in ‘Field of Dreams,’ and the voice of Mufasa in ‘The Lion King.’Jones had a prominent career both on the big…
“Here are the stars of our show…” For the first time, Pat Sajak‘s name didn’t follow that announcement, but rather, the name of Wheel of Fortune‘s new host alongside Vanna White did: Ryan Seacrest. (That is acknowledged.) He made his debut, taking over for Sajak who retired in June (but will host Celebrity Wheel of Fortune this fall on ABC), with the September 9 game, the Season 42 premiere. After walking out to applause, Seacrest and White thanked the audience before she welcomed him to the show. “Let’s have fun,” he said before they parted ways. Once he took his…
Apple Intelligence, the much-awaited integration of artificial intelligence (AI) features into Apple devices, was one of the main highlights of the company’s “It’s Glowtime” event on Monday. These features were first unveiled at the Worldwide Developers Conference (WWDC) 2024 in June. The company is rolling them to the iPhone 16 series which was launched at the September 9 event, as well as last year’s iPhone 15 Pro models. Features such as Writing Tools, notification summarisation, and the object removal tool will be available in beta once the iOS 18.1 update rolls out next month.Apple Intelligence Features Announced at iPhone 16…
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017.David Paul Morris | Bloomberg | Getty ImagesOracle shares rose 9% in extended trading on Monday after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates.Here is how the company did compared to LSEG consensus:Earnings per share: $1.39 adjusted vs. $1.32 expectedRevenue: $13.31 billion vs. $13.23 billion expectedOracle’s revenue increased 8% from $12.45 billion a year ago, according to a statement. Net income rose to $2.93 billion, or $1.03 per share, from $2.42 billion, or…
David Solomon, CEO of Goldman Sachs, during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York on Aug. 6, 2024.Jeenah Moon | Bloomberg | Getty ImagesGoldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business.CEO David Solomon said Monday at a conference that by unloading Goldman’s GM Card business, as well as a separate portfolio of loans, the bank would post a hit to revenues when it reports results next month.It is the latest turbulence related to Solomon’s push into consumer…
[The stream is slated to start at 1:10 PM ET. Please refresh the page if you do not see a player above at that time.]CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio. Read the original article here
Icelandic composer and performer Hildur Guðnadóttir has shared the first taste of her score for Joker: Folie à Deux, the new Todd Phillips movie starring Joaquin Phoenix and Lady Gaga. Listen to the new song “There Is No Joker” below.Hildur scored Phillips’ first Joker movie, and her work earned her many accolades, including the 2020 Academy Award for Best Original Score and the 2021 Grammy Award for Best Score Soundtrack for Visual Media.Hildur will release her new film score album, Joker: Folie à Deux (Score From the Original Motion Picture Soundtrack), on September 27 via WaterTower Music.Joker: Folie à Deux…
Jaque Silva | SOPA Images | Lightrocket | Getty ImagesShares of Trump Media by climbed more than 7% Monday, a respite from the stock’s two-months-long losing streak ahead of the date when its majority shareholder, former President Donald Trump, can begin selling his shares.Shortly before 1 p.m. ET, shares of Trump Media were trading at $18.39, up 7.59% from where they opened Monday morning.Before Monday’s surge, the stock had dropped nearly 45% since its most recent high, which came in mid-July after the attempted assassination of Trump at a campaign rally in Pennsylvania.Trump Media, which trades under the ticker “DJT,”…
Tell Me Everything by Elizabeth Strout A sparkling and masterfully crafted novel that indulges our innate curiosity in humanity, grief, happiness and what it means to love. Tell Me Everything is the latest novel from Pulitzer Prize-winning author Elizabeth Strout. Going into this novel knowing beloved Strout characters Bob Burgess, Lucy Barton and Olive Kitteridge would have a part to play, I wondered if we’d spend equal time with each of them in this story. Or maybe that’s what I was hoping for. (Since I can’t pick a favourite between them.) And while we do delve into the lives of…
I just spotted Sienna Miller—ever in tune with the latest trends—wearing the specific pants that fashion people are all over ahead of fall. Just about the only item out there able to coax the style set out of their jeans at this transitional time of year, the leopard-print pant trend has been doing the rounds the season, and Miller is its newest fan.Wearing a leg-skimming style in a large spot motif, the actor styled her fashionable strides with a V-neck knit and a simple pair of ballet flats to give her look a chic yet relaxed finish.(Image credit: Splash)With a…
Eric Idle is addressing Monty Python‘s money troubles and his “poor” relationship with fellow comedy troupe colleague John Cleese. In a new interview in The New Yorker, the 81-year-old discussed how he’s been anything but, well, idle in his octogenarian years due to feeling cash strapped. Idle had posted in February, “I never dreamed that at this age the income streams would tail off so disastrously … I don’t know why people always assume we’re loaded. Python is a disaster. [Their musical] Spamalot made money 20 years ago. I have to work for my living. Not easy at this age.”…
Huawei is planning to release a three-fold smartphone on Sept. 10, just hours after Apple’s scheduled new iPhone launch.Cfoto | Future Publishing | Getty ImagesHuawei ranked fourth by market share with 10.6 million smartphones shipped, according to Canalys.The firm only shared shipments for the top five vendors. Apple shipped 10 million phones in the first quarter.Huawei already sells folding and flip phones, as do its Chinese competitors. Apple has yet to expand into those categories. Read the original article here
Tamra Judge and Jennifer Aydin’s feud heats up. Pic credit: Bravo The drama between Tamra Judge and Jennifer Aydin is heating up as the Bravo Housewives continue to throw jabs at each other on social media. Tamra recently clapped back at Jennifer after she commented on a video of The Real Housewives of Orange County star crying and begging Vicki Gunvalson to leave her alone. No one took pity on Tamra as people reasoned that she could dish it out but couldn’t take it. Jennifer joined in and threw shade at the 57-year-old during her social media meltdown, suggesting that…