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Dollar holds its ground as key inflation data looms
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: +2 min
U.S. one hundred dollar bills are being shown in this picture illustration taken in Buenos Aires, Argentina, on Dec. 15, 2023. Against the Japanese yen, the dollar slowly inched up after it fell more than 3% last week, its biggest weekly percentage drop since early December 2022. Japan's top currency diplomat Masato Kanda on Thursday reiterated a warning that Tokyo is ready to take action in the currency market. The dollar index rose to 0.05% to 105.55, while the Japanese yen was mostly flat at 155.59 per greenback. The BOE is likely to take another step towards its first interest rate cut in four years as inflation falls.
Persons: Masafumi Yamamoto, Masato Kanda, Susan Collins, Sterling, BOE, bitcoin Organizations: Federal Reserve, Bank of, Mizuho Securities, Traders, PPI, Fed Bank of Boston, European Central Bank Locations: Buenos Aires, Argentina, Japan, U.S, United States, Tokyo,
U.S. Treasury yields were higher on Thursday as investors considered remarks from Federal Reserve officials, scanning them for hints about the interest rate outlook. Collins' comments echoed those made by Minneapolis Fed President Neel Kashkari and Richmond Fed President Tom Barkin earlier in the week. More Fed officials are set to speak on Thursday and Friday. Elsewhere, the Bank of England is due to announce its latest interest rate decision on Thursday. The BoE is widely expected to leave interest rates unchanged, but investors will be scanning Governor Andrew Bailey's statement for hints about a potential summer rate cut.
Persons: Susan Collins, Collins, Neel Kashkari, Tom Barkin, BoE, Andrew Bailey's Organizations: Treasury, Federal Reserve, Boston, Wednesday, Minneapolis, Richmond Fed, Fed, Bank of England
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But some of the details Daniels described were so explicit that Judge Juan Merchan cut her off at several points. “How can we come back from this in a way that’s fair to President Trump?” Blanche challenged. “Am I correct that you hate President Trump?” Necheles asked“Yes,” Daniels said. “It’s also cost me a lot of money,” Daniels responded. “You are looking to extort money from President Trump,” Necheles asked.
Persons: Stormy Daniels, Donald Trump, Daniels, Trump, Juan Merchan, Merchan, , Michael Cohen, Susan Necheles, ” Trump, , Trump “, didn’t, ” Daniels, Kaitlan Collins, Gina Rodriguez, Rodriguez, , Peggy Peterson, David Dennison, Cohen, Jimmy Kimmel, she’s, Susan Hoffinger, Judge, Todd Blanche, Blanche, ” Blanche, CNN Hoffinger, ” Merchan, Necheles didn’t, ” Necheles, “ You’ve, Necheles, “ I’ve, “ It’s, Keith Davidson Organizations: CNN, Trump, AMI, Defense Locations: Trump’s, Las Vegas
Dow Jones Industrial Average futures sat near flat Tuesday night after the blue-chip average clinched its longest winning streak since December. S&P 500 futures and Nasdaq 100 futures also both traded near flat. The Dow ticked higher by nearly 0.1% and posted its fifth positive session, which marks its longest winning run going back to December. The S&P 500 also inched up by about 0.1%, while the Nasdaq Composite slipped 0.1%. Nearly 85% of S&P 500 corporations have already shared quarterly results this earnings season.
Persons: Reddit, Dow, Adam Crisafulli, Uber, Philip Jefferson, Susan Collins, Lisa Cook Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Wynn Resorts, Treasury, Disney, Vital, AMC, Traders, Federal, Boston
CNN —Celebrating the beauty of Blackness and protesting “environmental decadence” for a cleaner, waste-free future: that’s the vision of award-winning Nigerian metal sculptor and visual artist Dotun Popoola. Popoola’s most recent sculpture is a 12-foot-tall, 882-pound piece depicting the decorated head and neck of an African woman, inspired by his wife. “The work showcases the beauty of Black women all over the world,” Popoola said of the piece, which he began in 2022. “The amount of support shown by women all over the world made me shed tears of joy in my studio. If you keep doing what you do, one day you’ll be in the spotlight and the world will be watching.”
Persons: Dotun Popoola, ” Popoola, , ” Dotun Popoola, , Adeola, Popoola, Naomi Campbell, I’d, Tera DuVernay, Ava DuVernay, “ Tera, “ I’ve, Wynton Marsalis, Bryan Stevenson, Irinkemi Asake, “ Mr, ” It’s, Popoola’s, I’m Organizations: CNN, Popoola Studios, Legacy Museum, Equal, Initiative, Obafemi Awolowo University, Art Locations: Nigeria, Lagos, Montgomery , Alabama, America, Alabama, Dubai, Qatar, India, Americas, South Dakota, Africa, Osun State, Southwest Nigeria
Gail Collins: Bret, much serious stuff to talk about today, but I want to get my canine issues out of the way first. Kristi Noem of South Dakota is publishing a new memoir she presumably hoped would help her chances of being named as Donald Trump’s running mate. Gail: In it she brags about having killed her dog, Cricket, for a string of bad behavior. Bret: In the same memoir, Noem claims to have met Kim Jong-un, the North Korean dictator, which never happened. Maybe she was confusing him with the governor of North Dakota, Doug Burgum?
Persons: Gail Collins, Bret, Kristi Noem, Donald Trump’s, Bret Stephens, Trump, Seth Tupper, Gail, Noem, Kim Jong, Doug Burgum Organizations: Gov, Cricket, South Dakota Searchlight, North, Republican Locations: South Dakota, North Korean, North Dakota
Suni Williams and Butch Wilmore are the NASA astronauts set for Boeing’s flight test of the Starliner spacecraft. She was a test pilot in the U.S. Navy and has more than 3,000 hours flying 30 different aircraft. Mr. Wilmore, a native of Tennessee, was also a Navy test pilot, and he flew combat missions over Iraq and Bosnia in the 1990s. After a glitch-filled test flight in December 2019 with no crew aboard, delays shuffled the astronaut assignments. Indeed, none of the astronauts that NASA named in 2018 to fly on the test flight are on the upcoming test flight.
Persons: Suni Williams, Butch Wilmore, Neil Armstrong, Buzz Aldrin, Michael Collins, Ms, Williams, Wilmore, Mr, Organizations: NASA, Boeing, U.S . Navy, Navy, Station Locations: Ohio, Massachusetts, Tennessee, Iraq, Bosnia
For many in the middle class, inflation is at the heart of this feeling. That's making people feel locked out of many of the milestones long associated with middle-class life. 74% of middle class Americans have cut back on non-essential spending, according to Primerica's survey. 46% of middle-class Americans said they've dialed back or completely paused saving for the future and 38% said they didn't think they could afford an unexpected expense over $1000. Buying a home may be the greatest example of a tenet of middle-class life feeling out of reach for many, and that struggle is very real rather than merely negatively perceived.
Persons: , Vincent, he'd, he's, Eoin Sheehan, Chris Collins, Collins, Jessica, they're, Kayla, Primerica, they've, Sheehan Organizations: Service, Business, Pew Research Center, Redfield & Wilton, Federal, Northwestern Mutual's Collins, Northwestern Mutual, Newsweek, National Association of Realtors Locations: Santa Barbara, California, Alabama, Primerica
This is the moment Trump changed American politics
  + stars: | 2024-05-04 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +7 min
CNN —Being elected president shortly after surviving the publication of the leaked “Access Hollywood” tape in 2016 is the moment in which Donald Trump defied political gravity. The ‘Access Hollywood’ tape reexaminedTrump’s 2016 victory in the Electoral College seems only more improbable in the retelling. It is worth revisiting the earthquake the “Access Hollywood” tape set off in the 2016 campaign. Return of the tapeNow, the “Access Hollywood” tape is back. Video Ad Feedback Trump asked if he stands by comments from 'Access Hollywood' tape.
Persons: CNN —, Donald Trump, Trump, Hope Hicks, Hicks, , , crassly, Billy Bush, Bush, Sen, Mike Lee of, Chris Christie, Paul Ryan, Reince Priebus, Christie, Steve Bannon, Melania, ” Trump, , Bill Clinton, WAZiGoQqMQ — Donald J, Hillary Clinton, James Comey’s, Clinton, Comey, Anthony Weiner, Michael Cohen, Stormy Daniels, Cohen, Daniels, Maggie Haberman, Jonathan Martin, CNN’s Kaitlan Collins, ’ ”, Collins, Feedback Trump, Bannon, Charlie Rose, Rose, Jean Carroll Organizations: CNN, Republican, Electoral, Washington Post, Republicans, Trump, New, New Jersey Gov, Republican National, Twitter, Democratic, The New York Times, CBS Locations: New York, Mike Lee of Utah, New Jersey
When you invest in an index fund, you're essentially buying a basket of stocks that represents a broad market or theme. "That book makes a really good case for index funds." They own the Vanguard 500 Index Fund Admiral Shares Fund (VFIAX), the Vanguard Information Technology Index Fund ETF (ETF, VGT), and the Fidelity MSCI Information Technology Index ETF (ETF, FTEC). Note that ETFs, like index funds, offer an easy way to diversify and bundle several securities into one investment. Since index funds are passively managed, they typically have lower costs than actively managed funds — and, historically, they outperform active funds.
Persons: Carl, Mindy Jensen, JL Collins, Mindy, it's, They're, Collins, Jamila, Ali, Josh Lupo, Josh, Jack Bogle, Warren Buffett Organizations: Business, Independence, Apple, Microsoft, IRA, FIRE, Fund, Vanguard Information Technology Index Fund ETF, Fidelity Locations: American
Rep. Mike Collins appeared to praise University of Mississippi students for racist chants. A video on X showed students engaging in racial taunts towards a Black war protester. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRepublican Rep. Mike Collins appeared to praise a large group of University of Mississippi students who taut a Black student protesting the Israel-Hamas war.
Persons: Mike Collins, Collins, , Ole, University of Mississippi Chancellor Glenn Boyce, Ole Miss, JiL9hs2pHz — Organizations: University of Mississippi, Service, Republican, TMZ, Associated Press, Washington Post Locations: Israel, Georgia
Critics highlight the strong chemistry between stars Ryan Gosling and Emily Blunt. But what he's elevated here with "The Fall Guy" is telling the story within a movie-in-a-movie structure. "The Fall Guy" features everything from Phil Collins' "Against All Odds (Take A Look At Me Now)" to Taylor Swift's "All Too Well." AdvertisementEmily Blunt and Ryan Gosling are a perfect tandem, giving the movie a rom-com vibeRyan Gosling and Emily Blunt in "The Fall Guy." "The Fall Guy" definitely has that vibe with its lighthearted tone and thrills.
Persons: Ryan Gosling, Emily Blunt, Guy, , Lee Majors, Colt Seavers, Aaron Taylor, Johnson, David Leitch, Here's, Leitch, Drew Pearce, Chris O'Hara, Eric Laciste, Phil Collins, Taylor, Katie, Gosling, Blunt, Lovia Gyarkye, David Fear, Jonathan Sela, Peter Debruge Organizations: Rotten, Service, Universal Pictures, Universal, Hollywood, Variety Locations: Hollywood
Read previewFormer President Donald Trump says he didn't fall asleep during his hush-money trial. Trump has been regularly appearing in a Manhattan court since the trial kicked off on April 15. "I simply close my beautiful blue eyes, sometimes, listen intensely, and take it ALL in!!!" Related storiesHaberman, however, did acknowledge that there were times where Trump really was just closing his eyes. Besides the case in Manhattan, Trump has been charged in three other criminal cases, including a state criminal case in Georgia over accusations that he attempted to overturn the 2020 election results.
Persons: , Donald Trump, Trump, Stormy Daniels, Hunt, Maggie Haberman, CNN's Kaitlan Collins, Haberman, It's, UBLPJEbA0y, Jon Stewart Organizations: Service, New York Times, CNN, Washington Post, Business, Times, Independent, Trump Locations: Manhattan, Georgia, Lago
4 ingredients to level up your pasta recipes
  + stars: | 2024-05-03 | by ( Karla Walsh | ) edition.cnn.com   time to read: +12 min
With “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People,” “I hope that people realize that there’s so much more than they can and should be putting on pasta,” Pashman said. Substitute 3 tablespoons prepackaged toasted rice powder for the 1 teaspoon oil and ¼ cup rice and skip step 1. In a large heatproof bowl, combine the shallots, ¼ cup cilantro, ¼ cup mint, scallions, chili flakes and sugar. Heat the remaining ¼ cup oil in the reserved skillet over high heat until just starting to smoke. Recipe adapted from “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People” by Dan Pashman.
Persons: Dan Pashman, , Pashman, , Harper Collins, ” Pashman, Alla, they’re, Pepe Chili Crisp, He’s, e pepe, Gan Ma, Jing, Dan Liberti, Caesar, Skip, James Park, Chili Crisp, Dan Liberti Dan Pashman’s Larb, browning, Karla Walsh, William Morrow Organizations: CNN, , Saucy, Ritz Crackers, Ritz, Sporkful, HarperCollins Publishers Locations: Italy, African, America, Thai, Des Moines , Iowa
Crunches can be a simple, effective workout for a stronger core, according to a pro dancer. A common mistake with crunches is putting the hands behind the neck and pulling too much on the spine. For better crunches, keep your hands by your sides or on your stomach and focus on small movements. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf crunches are causing a sore neck instead of stronger abs, you're doing them wrong, according to a professional dancer.
Persons: , Madeline Collins, crunches, Collins Organizations: Service, Walt Disney Company, Miss America, Business
Broadway shows usually come with a back story about the yearslong slog it took to get them there. Not so with Heidi Schreck’s new translation of Chekhov’s “Uncle Vanya,” which arrived at Lincoln Center Theater’s Vivian Beaumont Theater not even 12 months after its inception. Directed by Lila Neugebauer, it is Schreck’s first Broadway show since “What the Constitution Means to Me,” in 2019, and the ensemble is a starry one. William Jackson Harper, best known for “The Good Place,” plays Astrov, the eco-nerd doctor whom Sonia loves. Anika Noni Rose, a Tony Award winner for “Caroline, or Change,” is the glamorous Elena, Sonia’s stepmother, for whom both Vanya and Astrov yearn.
Persons: Heidi Schreck’s, Uncle Vanya, , Vivian Beaumont, Lila Neugebauer, Steve Carell, Vanya, Sonia, Alison Pill, Alfred Molina, William Jackson Harper, Anika Noni Rose, “ Caroline, Elena, Sonia’s, Astrov Organizations: Broadway, Lincoln Center
Gail Collins: Bret, I have a feeling we’re going to be spending a good amount of time talking about the adventures of Donald Trump. Bret: By “adventures,” you mean “affairs.”Gail: But just to start with something we’re in disagreement about …. Joe Biden has, in my opinion, been doing a great job building his re-election campaign. Or a border crisis that’s shifted from Texas to California and New York but hasn’t gone away. Or his repeated refusal to sit down for formal interviews with serious journalists — other, that is, than Howard Stern.
Persons: Gail Collins, Bret, Donald Trump, ” Gail, Joe Biden, He’s, Joe, Ron Burgundy, hasn’t, Howard Stern Organizations: Trump Locations: Washington, Texas, California, New York
More than half, 55%, of all Americans say they see Trump’s presidency as a success, while 44% see it as a failure. Four years ago, he was able to assail Trump’s time in office from his position as a challenger. Biden won all three in 2020 after Trump won them in 2016 in his victory over Democratic nominee Hillary Clinton. In the poll, 92% of Republicans view Trump’s time in office a success, while just 73% of Democrats say Biden’s has been a success. And while 85% of Democrats polled say they back Biden, 91% of Republicans say they support Trump.
Persons: Joe Biden, Donald Trump, he’s, William Barr, Trump, CNN he’d, Ron DeSantis, Biden, Robert F, Kennedy Jr, , Israel, Mike Johnson, Benjamin Netanyahu, underscoring, Hillary Clinton, South Carolina Republican Sen, Lindsey Graham, CNN’s Dana, Nikki Haley, Biden’s, CNN’s Kristen Holmes, Kit Maher, CNN’s Kaitlan Collins, Trump . Barr, Trump’s, Chris Sununu, Haley, , Georgia —, ” Biden, He’s, Colin Jost, , ” Jost, Washington Hilton Organizations: CNN, GOP, Republican Party, Florida Gov, Trump’s, Democratic, Columbia University, National Guard, Israel, DeSantis, CBS, Biden, Trump, Trump ., South Carolina Republican, South Carolina Gov, New, New Hampshire Gov, , White, Republican, Washington Locations: New York, Gaza, Manhattan, Rafah, Michigan , Pennsylvania, Wisconsin, “ State, New Hampshire, Georgia, Ukraine, Russia, Israel, American
Sacha Baron Cohen's team is celebrating the release of redacted versions of Rebel Wilson's memoir. Its release had been delayed in the UK and Australia amid her accusations of harassment against Baron Cohen. A spokesperson for Baron Cohen said the redactions represented a "clear victory" for the actor. AdvertisementSacha Baron Cohen's team said the release of redacted versions of Rebel Wilson's memoir was a "clear victory" for the British actor. "This is a clear victory for Sacha Baron Cohen."
Persons: Sacha Baron Cohen's, Baron Cohen, , Harper Collins, Wilson, Sacha Baron Cohen, Rebel Wilson, Jonathan Brady Organizations: Service, Business, HarperCollins Australia, Getty Images, HarperCollins Locations: Australia, British, New Zealand, Australian, England, Wales, Grimsby
Read previewThis as-told-to essay is based on a conversation with Andy Collins, a 26-year-old software engineer from Chicago pursuing a professional esports career playing the first-person shooting game Valorant. Being a professional esports competitor wasn't the most well-known or traditional career path at the time. Valorant has only been out for four years, but its professional esports scene is rapidly growing in popularity. Even though I'm playing far fewer hours per day than before — I only spend around four hours after work each day playing other teams and strategizing for my weekly matches — I'm in my best-ever form. Are you a professional esports athlete and want to share your story?
Persons: , Andy Collins, didn't, would've, Valorant, — you've, DarkZero, Valorant esports, I'm, wasn't, I've Organizations: Service, Business, Robert Morris University ., Valorant's Challengers League, North American, League, , The Guard, Riot Games, DoorDash, Starbucks, Madison Locations: Chicago, United States, Austin, Valorant, mhall@businessinsider.com
South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.
Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park
CNN —Poppy Harlow, the longtime CNN anchor who most recently co-helmed “CNN This Morning,” announced Friday that she will exit the network. “The nearly two decades since have been a gift,” Harlow wrote in an email to colleagues. Jeremy FreemanThompson, after taking over from Licht, announced in February that he would reconfigure CNN’s morning lineup. CNN engaged in discussions with Harlow, but ultimately she decided to exit the network. ), and to support the evolution of journalism in every way I can, while preserving the human(ity) in it,” Harlow wrote.
Persons: Poppy Harlow, , ” Harlow, , ” Mark Thompson, Harlow, ” Poppy Harlow, Mike Coppola, CNN “ She’s, ” Thompson, Warren Buffet, Mark Zuckerberg, Melinda Gates, Susan Wojcicki, Jamie Dimon, Chris Licht, Kaitlan Collins, Don Lemon, Lemon, Collins, Jeremy Freeman Thompson, Kasie Hunt Organizations: CNN, American Museum of, Boston Marathon, Washington , D.C, Harlow Locations: New York City, Paris, Licht, Washington ,
They'd been smart with their money, Carl had maxed out his 401(k) every year, and they'd made money flipping homes. With a specific early retirement goal in mind, however, they revamped their investment strategy — and they started seeing results. He and Mindy, who works part-time as a podcast host for BiggerPockets, have grown their investment portfolio from $586,000 in 2013 to $4.6 million in 2024. "Almost all of our new money goes to index funds at this point in our life." Courtesy of Carl and Mindy JensenAs for general investing advice, "If they want to be completely passive, they should do index funds," said Carl.
Persons: Carl Jensen, , weren't, They'd, Carl, maxed, they'd, Mindy, Carl Jensen They're, who's, I'm, Let's, we're, we've, Collins, Jensen, Mindy Jensen Organizations: Independence, Business, Google, Vanguard, Fund, Vanguard Information Technology Index Fund ETF, Fidelity, MLS Locations: Longmont , Colorado, It's, Colorado
U.K. Publisher Redacts Passage of Rebel Wilson’s Memoir
  + stars: | 2024-04-24 | by ( Remy Tumin | ) www.nytimes.com   time to read: +1 min
The British publisher of the actress Rebel Wilson’s memoir has redacted a portion of the book that details allegations of inappropriate behavior by Sacha Baron Cohen. In the memoir, “Rebel Rising,” Wilson, known for her comic roles in “Bridesmaids” and “Pitch Perfect,” candidly details her struggles with weight loss, sexuality and money. A representative for Baron Cohen has denied Wilson’s account. But Harper Collins, her publisher in the United Kingdom, redacted passages from a page of the memoir, images released by Getty showed. A spokesperson for Harper Collins confirmed the redaction in a statement to The Guardian.
Persons: Rebel, Sacha Baron Cohen, ” Wilson, , , Baron Cohen, Cohen, Simon, Simon & Schuster, Harper Collins, Getty Organizations: Simon &, Guardian Locations: British, Grimsby, , United States, United Kingdom, Australia
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