Author: arthursheikin@gmail.com

[ad_1] Good morning. A huge congratulations to our video team for winning two News & Documentary Emmy Awards last night for The True Cost of Mining Electric Car Battery Metals and The Man Who Feeds Gaza’s Children. If you haven’t yet, give these incredible videos a watch.In today’s big story, a report by BI revealed that Scale AI exposed sensitive data about clients like Meta and xAI in public documents. The company has since said it’s launching an investigation.What’s on deckMarkets: Why a billionaire investor is predicting a “little bull market” for stocks.Tech: Amazon’s grocery chief didn’t mince words when…

[ad_1] Investors are brushing off the Iran-Israel conflict as another brief distraction on the road to fresh highs. Steve Hanke thinks their complacency could prove costly.The professor of applied economics at Johns Hopkins University told Business Insider that Israel has been directly or indirectly tied to seven of the 19 major geopolitical events since 1950. Only one of those incidents — the Arab-Israeli War in 1973 — caused “lasting damage” that still weighed on stocks a year later, he said.”So, what’s happening now suggests that investors believe that history is a guide,” Hanke said. “They see signs of danger, but…

[ad_1] RBC Capital Markets sees a bright outlook ahead for General Mills . The bank upgraded shares of the packaged foods company to an outperform rating from sector perform. Analyst Nik Modi did lower his price target to $63 per share from $67, but that still implies upside of 24%. General Mills on Wednesday reported mixed results for its fiscal fourth quarter, but RBC pointed to General Mills’ forecast for next year as a bright spot for the report. Importantly, this guidance bakes in the level of reinvestment needed to direct the company back towards topline growth, while still giving…

[ad_1] This as-told-to essay is based on a conversation with Natalia Shahmetova, the founder of Woofz by nove8. It has been edited for length and clarity.I have a beagle. And if you know the breed, you know they can be little monsters.When we got our dog, she was so cute, but literally ate all my socks and even my underwear. It was honestly a really horrible experience — not the dream of playtime and cuddly naps you think of when you think of puppies.As a millennial, I saw the trend that people my age prefer to get dogs instead of having…

[ad_1] Micron Technology easily cleared earnings expectations, signaling the chipmaker’s momentum is unlikely to stop anytime soon. In fiscal third quarter, the semiconductor manufacturer earned an adjusted $1.91 per share on $9.3 billion in revenue. That exceeded the $1.60 cents per share and revenue of $8.87 billion that analysts polled by LSEG had penciled in. The company also guided for revenue in its current period of about $10.7 billion, roughly 38% higher from $7.75 billion a year earlier. Analysts had estimated revenue of $9.9 billion. Shares were up 2% in the premarket following the results. The chipmaker has been on…

[ad_1] CNN  —  Some of President Donald Trump’s steepest tariffs are on products like washing machines, and on Thursday, GE Appliances said it would spend a half a billion dollars to make even more of them in the United States. Tariffs, however, weren’t the driving factor behind the decision, the company’s CEO says, but they did serve as an accelerant. GE Appliances announced it would spend $490 million to move some washing machine production from China and build a high-tech clothes care operation at its massive industrial park and headquarters in Louisville, Kentucky, where it already churns out washers and…

[ad_1] New York CNN  —  Trump Mobile, the wireless service provider and phone company launched by the Trump Organization, no longer promises on its website that its upcoming smartphone will be made in America. The company adjusted language on its website on or around June 22 to drop the “Made in USA” claim, according to captures of the site by the Internet Archive. As of June 25, the company says the T1 8002 phone was “designed with American values in mind.” The website previously said the phone was “Made in the USA,” according to screenshots taken by CNN earlier in…

[ad_1] In a healthy, thriving workplace, colleagues aren’t throwing each other under the bus.People don’t show up to work at their best when they don’t feel safe, says Leena Rinne, vice president of leadership, business, and coaching at Skillsoft — an educational technology company that produces learning management system software and content. “The version of myself I bring every day is very different if I’m constantly nervous, if I don’t have the psychological safety, and if I’m not clear on how I contribute here,” she told Business Insider.A way to build that trust is to encourage making mistakes — and…

[ad_1] Jeremy Barker wants investors to stop obsessing over things they can’t control, including mortgage rates.”Quit worrying about interest rates,” the financially independent real estate investor and entrepreneur told Business Insider.Instead, home in on your market — commit to knowing the ins and outs better than anyone else — and then find deals that will work in any sort of interest-rate environment.”Spend the time to educate yourself and understand all about what the occupancy rates are, what the lease rates are, what the building purchase price is, what the current cap rates could be, what your cash out opportunity looks…

[ad_1] Washington CNN  —  The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending. Gross domestic product, the broadest measure of economic output, registered an annualized rate of -0.5% from January through March, the Commerce Department said Thursday in its third and final estimate. That’s worse than the 0.2% decline reported in the second estimate. GDP is adjusted for seasonal swings and inflation. The latest estimate showed that consumer spending — the lifeblood of the US economy — was tepid in the beginning…