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Oil is heading lower for 3 reasons, says longtime trader

Oil's two-day whipsaw after coordinated attacks on Saudi Arabia's oil supply won't interrupt its longer-term downtrend, says longtime trader Anthony Grisanti.




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Bear David Rosenberg believes Wall Street underestimating odds of another rate cut this year

Stocks flirt with record highs. Gluskin Sheff's David Rosenberg on the odds for another rate cut this year. With CNBC's Seema Mody and the Futures Now traders, Brian Stutland and Jim Iuorio, both at the CME.




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Wall Street is underestimating the odds of additional interest rate cuts, market bear David Rosenberg says

Gluskin Sheff's David Rosenberg reinforces his recession forecast following the Federal Reserve's September meeting.




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Restaurant Brands' Popeyes sales surge, while Tim Hortons misses estimates

Restaurant Brands said on Friday comparable sales at its Popeyes fast-food chain surged 26.2%, surpassing Wall Street expectations, powered by demand for its popular chicken sandwiches.




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New York Times expects ad revenue to plummet 50% in Q2, but broke its record for net new subscriptions in a quarter

The New York Times Company said it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for advertisers. But the media company, which gets two-thirds of its revenue from subscriptions, said it added more than half a million net new digital subscriptions.




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Twilio skyrockets as quarterly results fly past estimates

Although revenue growth deccelerated, Twilio still put up numbers that exceeded what analysts had expected.




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Second quarter will be 'worst point in time' for European autos, analyst says

Jurgen Pieper, senior advisor for automobiles at Metzler, discusses the impact of the coronavirus pandemic on the autos sector.




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Op-ed: The contraction isn't over and it may take time to get used to a different world

It could take years for the world to recover from a significant economic contraction, and it will look different than the world we knew in January.




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Ireland says Brexit trade talks timeline 'virtually impossible'

The coronavirus pandemic has made an already difficult timeline for a British-European Union trade deal "virtually impossible", Ireland's foreign minister said, cautioning that he did wish to raise expectations of London seeking more time.




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Cramer: I wasn't hopeful about Covid vaccine but Fauci's optimism could change my mind

CNBC's Jim Cramer said Thursday that he has gained confidence in Moderna's potential coronavirus vaccine due to recent comments from Dr. Anthony Fauci.




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Alamo Drafthouse's Tim League on plans to reopen theaters

Tim League, executive chairman of Alamo Drafthouse, joins "Squawk on the Street" to discuss its strategy for opening theaters in a post-coronavirus world, as well as its new on-demand service.




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EU still working on coronavirus stimulus as economy shrinks at record rate

Market players want to know how much the European Union will provide in additional coronavirus stimulus, but the institution in charge of developing it says it's still under negotiation.




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Is the ECB stimulus program legal? A German court is about to decide

European debt holders are cautiously awaiting a ruling from a German court, which could impact how the ECB faces the ongoing economic crisis.




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Why now might be a good time to save in a Roth 401(k) or Roth IRA

Roth accounts may make sense for a larger number of Americans due to low historical income-tax rates and the U.S. budget deficit, which some experts believe will necessitate the government raising tax rates in the future.




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Stimulus package grants student loan borrowers a six-month break

The historic stimulus Congress passed grants the millions of Americans with student debt a break from their payments for at least six months.




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Scammers look to steal your stimulus check

Coronavirus stimulus checks are on their way, and scammers are on the hunt.




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Uber Q1 net losses $2.9B adj vs. $1.4B estimated

CNBC's Deirdre Bosa reports quarterly earnings from Uber.




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Zillow beats revenue $1.1B adj. vs. $1.06B estimated

CNBC's Diana Olick reports quarterly earnings from Zillow.




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Op-Ed: It's not time to panic, it's time to plan your finances during coronavirus pandemic

Proactive planning can aid you in achieving short- and long-term financial needs and goals, especially in times of hardship like the current coronavirus pandemic.




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Moderna CEO: Covid-19 vaccine will be 'supply constrained for quite some time'

Moderna CEO Stephan Bancel tells "Squawk Box" that he anticipates the supply of Covid-19 vaccines will be 'constrained' at first and that the company will work closely with the U.S. government to distribute the first batches of the vaccine to areas that have the most need.




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People receiving SSI or VA benefits have until tomorrow to meet this stimulus check deadline

Time is running out if you're receiving SSI or VA benefits and want to make sure your children under 17 are included in your stimulus payments. You have just until tomorrow to report your information to the IRS. But beware: Some people have already complained that their checks fall short.




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He's an American but his wife is not. He's not getting a stimulus check

With many Americans still counting the days until they get their $1,200 checks, some are in for a surprise. If you're American, but your spouse is not, you may not be qualified. Now, some groups are suing the government over the issue.




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Stimulus checks have been sent to dead people. Now the IRS has released instructions for how to return the money

The U.S. government is sending millions of $1,200 checks out to Americans, some of whom have passed away. Now, the IRS has released instructions for how families of the deceased can return that money.




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Families of dead Covid-19 victims may have to give back stimulus checks

New guidance from the IRS makes it clear that stimulus checks cut to deceased people must be returned. But what about those who die from the coronavirus? That depends on the timing of the deaths and receipt of the checks.




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IRS sets May 13 deadline to submit direct deposit information for stimulus checks

If you want to get your $1,200 stimulus check more quickly, you need to make sure the government has your bank account information on file. But time is running out. You now have until noon on May 13 to enter that data.




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Disney hit by 'shocking reversal of fortune' The New York Times' Jim Stewart warns

James Stewart, The New York Times columnist, on whether Disney can make up for its parks shutdown. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve Grasso and Karen Finerman.




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Microsoft Surface Pro X review: not yet ready for prime time

Long battery life, 4G and beautiful design can’t stop it being held back by a lack of apps for its ARM chip

The Surface Pro X is a glimpse of an ARM-powered Windows future, combining the best bits of phones and computers, but while that future is closer than ever, it isn’t quite ready yet.

The new £999 Surface Pro X might look like the rest of Microsoft’s Surface tablets on the outside, but it is fundamentally a different beast on the inside.

Screen: 13in LCD 2880x1920 (267 PPI)

Processor: Microsoft SQ1 (ARM)

RAM: 8 or 16GB

Storage: 128, 256 and 512GB

Graphics: Adreno 685

Operating system: Windows 10 Home

Camera: 10MP rear, 5MP front-facing, Windows Hello

Connectivity: Wifi ac, Bluetooth 5, 2x USB-C, Surface Connect, LTE, nano sim, esim

Dimensions: 287 x 208 x 7.3mm

Weight: 774g

The screen is far too dim on resuming from sleep until you hit the brightness button, at which point it returns to normal

The machine ran cool throughout, barely getting warmer than room temperature even when pushed hard

There’s no real mis-touch rejection at the edges of the screen, which means you have to be careful where you put your fingers when holding the tablet

Pros: slim, great 13in screen, 4G, kickstand, nine-hour battery, 2x USB-C, quick charging, Windows Hello, brilliant keyboard (essential additional purchase), smart stylus holder, Windows 10

Cons: not much ARM-native software, no good photo editors, no SD card reader, no headphone socket, no Thunderbolt 3, keyboard not included

Microsoft Surface Laptop 3 review: still sleek, just no longer unique

Microsoft Surface Pro 6 review: a fantastic tablet PC you shouldn’t buy

Microsoft Surface Go review: tablet that’s better for work than play

Microsoft Surface Studio 2 review: in a class of its own

16in MacBook Pro review: bigger battery, new keyboard, new Apple

Apple MacBook Air review: the new default Mac

Continue reading...




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US puts 20-year bond up for auction on May 20, first time in over 20 years

CNBC's Rick Santelli reports on the announcement.




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Moderna CEO on Covid-19 vaccine timeline, how it might be distributed and more

The FDA has approved Moderna's coronavirus vaccine candidate for a phase 2 trial, something the company calls a crucial step in its timeline. Moderna CEO Stephane Bancel joins "Squawk Box" to discuss.




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Trump: No rush to negotiate phase four stimulus package

CNBC's Kayla Tausche and Michelle Meyer, Bank of America, join 'Closing Bell' to discuss President Trump's comments that he is not in a hurry to expedite the fourth phase of the stimulus package.




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How this wartime law is giving Trump extraordinary power

Efforts to fight the coronavirus pandemic have been largely bolstered by the usage of a 70-year-old wartime law called the Defense Production Act. Originally signed into law during the Korean War, the DPA affords the President special powers, such as mobilizing companies to produce medical supplies and accelerating the availability of resources to combat the pandemic.




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Player wages and contracts will bankrupt EFL clubs: it's time for the PFA to act | Mark Palios

A radical solution is needed and the PFA has the money and the power to step in and help clubs that have no income for the foreseeable future

Last month I said the EFL was entering the most critical period in its history as it struggled to respond to the abrupt cessation of football. What we have seen since has elegantly illustrated the game’s inability to act decisively to protect professional football’s future. This is not a criticism of the individuals involved in negotiations, who are trying their best, but reflects structural flaws that prevent cohesive action. Put simply, it is clear the EFL and Professional Footballers’ Association cannot bring the key counter-parties to the table.

The first phase was characterised by the fight for cash given the disappearance of gate-related income. Although there was relatively swift agreement that a player wage deferral would help, it has been left to clubs and players to agree arrangements. Some players have deferred, some have not, and and the scale varies from club to club. The outcome was, in my view, too little and too late for many clubs.

Continue reading...




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Free Webinar on "Clearing CA this time - Your Guide to clear CA"

Free Webinar session with Gaurav Sangtani, on coming 10th May, Sunday on the topic "Clearing CA this time - Your Guide to clear CA

Details of the webinar are mentioned below,

  • Date- 10th May, Sunday
  • Time- 4 PM  to 5:30 PM  

Profile of Gaurav Sangtani 

CA Gaurav Sangtani is Founder President of Jigyasa Foundation, a non-profit organization dedicated to education. He is a Finance professional, fellow member of the Institute of Chartered Accounts of India and working as Vice President for a Global Financial Services Firm. He has been a public speaker in ICAI Conferences, IIMs, IITs and also delivered many TEDx talks He has experience in CA Practice and as well as teaching CA Students. He co-founded CAShiksha, first eLearning portal for CA Students. 

In the webinar, we are going to cover topics that cover

  • Faculty of background
  • Essentials to clear CA
  • What if you are stuck in attempts trap
  • Q&A

Link for zoom: https://us02web.zoom.us/meeting/register/tZ0od-ypqjMoHNQFOw3dIsJef9eC-aCCrPdo  




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M.R. Asks 3 Questions: Tim McCormick, CEO, SaaSOptics

SaasOptics CEO, Tim McCormick has seen his share of businesses go from start-up to acquisition. Having helped businesses like ISS grow from $5M to over $400M and helped their IBM acquisition for $1.9B, he's the right person to detail how SaaS businesses can either misstep or experience rapid growth.

Keep on reading: M.R. Asks 3 Questions: Tim McCormick, CEO, SaaSOptics




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Lorna Simpson: 'There are days when I cry four times for an hour'

Her incendiary collages of vintage black pinups made her one of the most influential artists of her time. Now she’s battling the ‘insanity’ of Trump’s America

Lorna Simpson is holed up in Los Angeles with her actor daughter right now. She’s been spending lockdown doing one of her favourite things: reflecting on how people present themselves when out in public. All this people-watching has put her in mind of the 1990s, when she would go wig-hunting in Fulton Mall, a blue-collar shopping centre near her home in New York.

“Shop after shop sold all sorts of wigs,” says the 59-year-old. “Human hair, yak hair, synthetic hair.” Simpson bought as many as she could, in every style she saw: from platinum-blonde “Lana Turner” wigs to fake afros and braids. She transferred photographs of each one on to panels of felt before hanging them alongside such seemingly disconnected phrases as: “First impressions are the most lasting.” The wigs were a “surrogate”, she says, a way to explore “the person we see ourselves to be”.

Just as the Caucasian figure in contemporary art is seen as universal, the black figure of African descent should be too

Any society, or self, constructed to always separate itself from the other is doomed

Lorna Simpson: Give Me Some Moments is at Hauser & Wirth’s website

Continue reading...




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Never Rarely Sometimes Always review – tough, realist abortion drama | Peter Bradshaw's film of the week

A teenager bonds awkwardly with her cousin as they take the bus from a rural community to New York so that she can have a termination

The four words in this title are the four possible replies to bureaucratic tick-box questions about the frequency of your various sexual experiences. A young woman here must answer them, before she is allowed to have an abortion. However rigid and blandly routine it seems, the four-part answer grid is cleverly designed to get information about vulnerability: it is so easy instinctively and evasively to deny a difficult question structured as a yes/no, but much harder to check the “never” box, when “rarely”, “sometimes” and “always” are coolly offered as equivalently non-judgmental options.

The lead character in Eliza Hittman’s tough, realist drama is confronted with this central, four-part inquisition about her life in one brilliantly controlled, enigmatic scene. Theoretically, it is just a bit of form-filling that doesn’t appear to promise any real revelation to the audience. Yet it does just that, delivering a penny-drop moment of realisation. Or perhaps it’s more of an ambiguous hint and all the more disquieting for that.

Related: Sleazy bosses, exploited barmaids: US cinema finally discovers the left behinds

Continue reading...




tim

I got intimate with one of my lodgers and now I'm in turmoil

I have always maintained a professional relationship with my two female lodgers but spending more time together recently led to a lapse in judgment

I share my house with two female lodgers. We’re all single at the moment but we have always maintained a professional relationship with each other. In the current circumstances, we are obviously spending more time together. The other week, the inevitable happened. After a few drinks, I ended up getting intimate with one of them on the sofa. The following day, she didn’t bat an eyelid but we agreed to put it down to too many beers.

The thing is, I now see her in a new light. She is 20 years younger than me and I find her sexually attractive. I’m struggling to keep that line drawn. We still have a great relationship, sharing drinks and a chinwag, but I feel different. Should I tell her how I feel and run the risk of everything going pear-shaped?

Continue reading...




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ICICI Prudential Income Optimizer Fund (FOF) - Dividend

Category Other Scheme - FoF Domestic
NAV 33.2008
Repurchase Price
Sale Price
Date 08-May-2020




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ICICI Prudential Income Optimizer Fund (FOF) - Growth

Category Other Scheme - FoF Domestic
NAV 33.2008
Repurchase Price
Sale Price
Date 08-May-2020




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ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan - Growth

Category Other Scheme - FoF Domestic
NAV 34.4988
Repurchase Price
Sale Price
Date 08-May-2020




tim

ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan - Dividend

Category Other Scheme - FoF Domestic
NAV 34.2610
Repurchase Price
Sale Price
Date 08-May-2020




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Ассоциация кинокомпаний добилась блокировки Popcorn Time на GitHub

GitHub заблокировал репозиторий открытого проекта Popcorn Time после поступления жалобы от Ассоциации кинокомпаний (MPA, Motion Picture Association, Inc.), которая представляет интересы крупнейших телевизионных студий США и обладает эксклюзивными правами на показ многих фильмов и телешоу. Для блокировки было использовано заявление о нарушении действующего в США Закона об авторском праве в цифровую эпоху (DMCA). Программа Popcorn Time предоставляет удобный интерфейс для поиска и просмотра видео в потоковом режиме, размещённого в различных BitTorrent-сетях, не дожидаясь его полной загрузки на компьютер (по сути это открытый BitTorrent-клиент со встроенным мультимедийным проигрывателем).




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Resources to help optimize your business

Online content and media consumption behaviors are continuously evolving. If you'd like to optimize your online business and help improve your AdSense performance, it's important to follow and adapt to the trends. We'd like to provide some resources to help you successfully navigate in an ever-changing digital environment.

Adapt your content to changing trends

It’s important to understand what’s top of mind for the people you’re aiming to reach in order to make your content interesting and useful to wide audiences. Below are some tools you can use to optimize your content:

Understand user interests 

Use Google Trends to analyze the popularity of top search queries in Google Search across regions and languages. If you need help with understanding, using and visualizing the data better, you can get Google Trends lessons.  

Stay on top of market trends in a dynamic environment and reflect it on your content to keep it up to date. While doing so, please be mindful of our content policies.

Use Question Hub to create richer content by leveraging unanswered questions online. Review these questions to get inspired and create deeper, more comprehensive content.

Track how your content performs 

Get to know your audience and how they engage with your site through Google Analytics. The earlier you spot changes in your user behavior, the quicker you can address them. You can review the below reports to get the insights: 

  • Realtime Content Insights to identify the most popular articles amongst your audience
  • Behavior Reports to understand the overall page and content performance of your site
  • Acquisition Reports to review the shift in your site traffic and traffic sources. If you see unusual spikes from certain sources, you might want to monitor them. 
  • AdSense Overview to see your revenue information once you link your AdSense account to Analytics. 

As an addition to your current content strategy, experiment with different content formats such as video or infographics and track the engagement on your site. If you see an improvement, you can double down on those content formats. Diversifying your content could help you expand your audience, and also improve the engagement of your current ones. 

Optimize your revenue stream

When your content is ready, appealing and easy to reach, you can optimize your AdSense account to maximize your revenue from the content you created. We know that creating content takes time, so we’d like to remind you of some solutions that you can use to get the most out of your content.

You may consider using Auto ads to help you increase your ads revenue. Auto ads are optimized to deliver better performing ads, so that you can spend more time creating the content your audience is searching for. As they work through any AdSense ad code, you can start using Auto ads byturning them on in your account

As time spent on mobile increases, it becomes even more important to have a mobile-friendly site with goodpage speed. This will help people to access your content without problems. Make sure your ad units are responsive in order to provide a positive ad experience regardless of which device people use to visit your site. 

Lastly, make sure that your site complies with the AdSense Program policies so that your business can grow sustainably. 

We’re here to support you through the AdSense forums, email and troubleshooters. Learn more about the support options available. 





tim

New ways Google Duo helps make time together more special

Most of my family lives in Colombia, South America, and video calling has been a life-changing way for my dad and grandparents to watch my daughters grow up. Recently, video calls have also become the only way for my daughters to see their grandmas who live nearby. Although the physical separation has been hard for all of us, Google Duo makes it easier to let family know how much we miss them, show off our latest artwork and just act silly together like we would in person. Last month, we announced new features on Duo to help you stay connected, and today I’ll share updates that make conversations with loved ones even more special.

More fun with the family with family mode

Our new family mode lets you doodle on video calls for everyone to see and also surprise them with fun effects and masks that transform you into astronauts, cats and more. Just start a video call, tap the menu icon and then tap Family to get started. You don’t have to worry about accidental mutes or hang-ups because we’ve hidden those buttons while you’re playing together. This new family mode is available when signed into Duo with your Google account. As always, calls on Duo are end-to-end encrypted and stay private between you and your loved ones.

Add pizzazz to video calls with new effects

In addition to bringing masks and effects to our new family mode, we’re bringing them to any one-on-one video calls on Android and iOS—starting this week with a Mother’s Day effect. We’re also rolling out more effects and masks that help you express yourself, from wearing heart glasses to transforming into a flower. 

Bring people together in more ways

In the coming weeks, you'll be able to make group calls with Duo on the web, starting as a preview on Chrome, alongside a new layout that lets you see more people at the same time. To make getting together easier, you’ll also be able to invite anyone with a Google account to join a group call with just a link.

We hope these features help you better connect with your nearest and dearest, and also bring a little bit of fun to your conversations.




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"Never Rarely Sometimes Always": New Film Follows Teenager's Perilous Journey to Access Abortion

As multiple states have moved to further restrict access to abortions during the pandemic, a powerful new dramatic film follows a 17-year-old girl as she travels from her small town in Pennsylvania to New York City to get an abortion without having to notify her parents. "Never Rarely Sometimes Always" director and writer Eliza Hittman joins us to discuss the making of the film, which is being distributed online while cinemas remain closed in most states due to the pandemic.




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As Workers Get Sick & Die from COVID-19, McConnell Demands Corporate Immunity in New Stimulus Bill

As the Senate reconvenes today, Majority Leader Mitch McConnell is demanding that Congress use the next stimulus bill to protect corporations from liability for workers. "He wants to protect their right to engage in egregious misconduct," says Robert Weissman, president of Public Citizen.




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Trump Death Clock: Times Square Billboard Tallies Lives Lost to COVID-19 Inaction

A 56-foot billboard called the Trump Death Clock was unveiled in Times Square in New York City. The tally of lives lost to government inaction was created by filmmaker Eugene Jarecki, who says, "On behalf of all of those who needlessly lost their lives to this failed leadership in a pandemic, we need a symbol, a symbol that cries out not only for accountability, but also for more responsible and responsive stewardship, going forward." As of the Friday morning broadcast, the death toll count was nearly 47,000 and growing.




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Antimatter Discovery Reveals Clues about the Universe's Beginning

New evidence from neutrinos points to one of several theories about why the cosmos is made of matter and not antimatter

-- Read more on ScientificAmerican.com




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Tim Robinson, RIP.

Trevor Joyce alerted me to the passing of author and cartographer Tim Robinson a couple of weeks ago, but what with one thing and another I haven’t gotten around to posting about it; now per incuriam has reminded me and linked to a fine tribute by Fintan O’Toole: The word “geography” means in its origins […]




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a good firearm for a first time owner