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☆ U.S. Tightens Rules on Risky Virus Research
▼ + stars: | 2024-05-07 | by ( Carl Zimmer | Benjamin Mueller | ) www.nytimes.com time to read: +1 min

The White House has unveiled tighter rules for research on potentially dangerous microbes and toxins, in an effort to stave off laboratory accidents that could unleash a pandemic. The new policy, published Monday evening, arrives after years of deliberations by an expert panel and a charged public debate over whether Covid arose from an animal market or a laboratory in China. But others warned against creating restrictive rules that would stifle valuable research without making people safer. The debate grew sharper during the pandemic, as politicians raised questions about the origin of Covid. Those who suggested it came from a lab raised concerns about studies that tweaked pathogens to make them more dangerous — sometimes known as “gain of function” research.

Locations: China

☆ The new Swiss Army Knife will be missing a key feature
▼ + stars: | 2024-05-07 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —The maker of the Swiss Army Knife is working on a new version of the classic multi-tool, which won’t have a blade. “We are in the early stages of developing pocket tools without blades,” a spokesperson for Swiss firm Victorinox told CNN in a statement Tuesday, adding that they will compliment the existing range of multi-tools rather than replacing them. Adrian Moser/Bloomberg/Getty ImagesCNN contacted Victorinox after company CEO Carl Elsener Jr. told Swiss media outlet Blick that he is concerned about increasingly stringent regulations on knives in many markets. For example, increasing concern over the prevalence of knife crime means that the British government is considering new legislation on bladed articles, and Elsener himself referenced the country’s rules. “In England or certain Asian countries, you are sometimes only allowed to carry a knife if you need to have it to do your job or operate outdoors,” said Elsener.

Persons: Victorinox, ”, Adrian Moser, Carl Elsener Jr, Elsener, Karl Elsener, Arnd Wiegmann, Elsener Jr, CNN’s Richard Quest Organizations: CNN, Swiss Army, Bloomberg, Getty Images CNN, “, “ Cyclists, Reuters Locations: Ibach, Switzerland, Swiss, England, “

☆ Opinion | In Medicine, the Morally Unthinkable Too Easily Comes to Seem Normal
▼ + stars: | 2024-05-07 | by ( Carl Elliott | ) www.nytimes.com time to read: +1 min

Did she understand that when the lights went dim she would be treated like a clinical practice dummy, her genitalia palpated by a succession of untrained hands? I don’t know. Like most medical students, I just did as I was told. Much of the force behind the new requirement came from distressed medical students who saw these pelvic exams as wrong and summoned the courage to speak out. Whether the guidance will actually change clinical practice I don’t know.

Organizations: of Health, Human Services

☆ High Frequency Economics: Still see 2 rate cuts this year after April jobs report
▼ + stars: | 2024-05-06 | 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 EmailHigh Frequency Economics: Still see 2 rate cuts this year after April jobs reportCarl Weinberg, the chief economist and managing director of High Frequency Economics, discusses the softer-than-expected April jobs report in the U.S.

Persons: Carl Weinberg Locations: U.S

☆ Your body needs three forms of movement every week
▼ + stars: | 2024-05-04 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +5 min

First is the movement your body is owed or requires every day, such as walking, stretching and bending. Second is athletic movement, which you can do a few times a week to improve your fitness or to train for a sport. Third is social movement that you do for fun or to connect with others, such as dancing or playing volleyball. Dancing is an excellent form of social movement that connects you to others while improving your overall health and fitness. Breaking down all these different movements into exercise snacks is one way to sneak in the movement your body needs, Boyd said.

Persons: it’s, Melissa Boyd, Boyd, “, ” Boyd, ”, Carl Cirino, Cirino, ” Cirino, It’s, ” Melanie Radzicki McManus Organizations: CNN’s, CNN, European, Preventive Cardiology, Tempo, HSS, Stamford Health Locations: San Francisco, Connecticut

☆ 5 financially independent individuals and couples share the book that changed their investment strategy
▼ + stars: | 2024-05-04 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

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

☆ A couple that built wealth from 'live-in flips' shares 4 strategies they use to flip homes for a profit, including: Find the 'dumpy house in the great neighborhood'
▼ + stars: | 2024-05-03 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

A live-in flip, unlike a traditional flip, is when you rehab the home to increase its market value while living there. Related stories"One thing that we have always focused on is finding that dumpy house in the great neighborhood," said Mindy. For example, the Jensens' current live-in flip has a pool. "So no one wanted this house, but it's in a great neighborhood, and it would be very easy to get rid of the pool." Do a 'live-in flip' to avoid capital gains taxThe Jensens prefer 'live-in flips' to traditional flips because it lowers their risk.

Persons: —, Carl, Mindy Jensen, they've, they're, Mindy, There's, Carl Jensen, We're, flipper Organizations: Service, Business, YouTube Locations: The Colorado, Colorado

☆ Princess Charlotte turns 9! See the sweet photo from her parents to mark the occasion
▼ + stars: | 2024-05-02 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +8 min

London CNN —A photograph of a beaming Princess Charlotte has been released by the Prince and Princess of Wales to mark her ninth birthday. The children, from left, are Prince George, Prince Louis, Princess Charlotte, Savannah Phillips, Isla Phillips, Lena Tindall and Mia Tindall. The Duchess of Cambridge/Getty Images The Prince and Princess of Wales have released a photo of Princess Charlotte to mark her ninth birthday on Thursday, May 2. Carl Court/AFP/Getty Images Princess Charlotte, William and Catherine's middle child, is seen in this handout photo released on May 1, 2021, a day before her sixth birthday. The Duchess of Cambridge via Getty Images Princess Charlotte playfully sticks out her tongue while attending a King's Cup regatta with her mother in 2019.

Persons: Charlotte, Prince, Princess, “, Catherine , Princess of Wales, Prince Louis ’, Prince William, Kate, Kensington, It’s, Princess Charlotte, Charlotte’s, Queen Elizabeth II, Prince Philip, Prince George, Prince Louis , Princess, Savannah, Isla Phillips, Lena Tindall, Mia Tindall, Duchess, Wales, Wales Prince George, William, George, Samir Hussein, Barack Obama, Pete Souza, Carl Court, Prince George . The Duchess, Cambridge, Chris Jackson, Ben Stansall, Prince Louis, Louis, AP Prince Louis, Kate's, Catherine, Prince Harry, Meghan, Duchess of, Prince Archie, Archie, Toby Melville, Prince Archie of Sussex, Dominic Lipinski, Eugenie, Jack Brooksbank, Princess Beatrice, Sienna, Prince Andrew . Princess Eugenie, Prince Edward, James, Earl of Wessex, Sophie, Lady Louise Mountbatten, Louise, Steve Parsons, Cousins Mia Tindall, Savannah Phillips, Princess Eugenie, Princess Anne, Mia, Mike, Zara Tindall, Peter, Autumn Phillips, Max Mumby, Savannah's, Zara Tindall's, Lena, Zara, Lucas, ”, Queen Elizabeth II’s, King Charles ’, wasn’t, That’s, Charlotte Elizabeth Diana Organizations: London CNN, CNN, Westminster Abbey, St, of England High, Getty, Kensington Palace, William, AP, Press Association, CNN’s Royal, Mary’s Locations: Wales, Windsor, Kensington, Sandringham, Norfolk, London, UK’s, Midlands, St Michael’s, Prince Louis , Princess Charlotte, Savannah Phillips, Cambridge, AFP, Duchess of Sussex, South Africa, Edinburgh, Mia, Savannah, Wellington, Charlotte, British, St

☆ A financially independent couple that has built wealth doing 7 'live-in flips' has paid zero capital gains taxes on their property sales, thanks to an IRS rule
▼ + stars: | 2024-05-02 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

"One of our big strategies was 'live-in flip,'" Carl, who retired in his 40s and runs the financial independence blog "1500 Days to Freedom," told Business Insider. The Colorado-based couple is wrapping up their eighth live-in flip, in which they buy a house, rehab it while living there, and then resell it. While they haven't earned more than $500,000 on a flip yet, they could on the sale of their current live-in flip. To avoid paying capital gains taxes, "we're actually considering putting one of our daughters on the title," said Mindy. That way, they'd have three individuals on the title and could shield up to $750,000 from capital gains.

Persons: —, Carl, Mindy Jensen, Jensen, they're, it's, they've, Mindy, we're, they'd Organizations: Service, Business, IRS Locations: Colorado, New York City

☆ Airbnb’s Icons allow you to drift off in the ‘Up’ house or rest in Prince’s ‘Purple Rain’ mansion
▼ + stars: | 2024-05-01 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

CNN —If you have ever wanted to dream in the balloon-lifted “Up” house, party with Kevin Hart or jam with Doja Cat, Airbnb has just the thing. With Icons, we’ve created the most extraordinary experiences on Earth.”Here are some of the entertainment-focused Icons announced so far:An actual photo of the Airbnb house recreated to look like the home in the Disney/Pixar movie "Up" -- both the interior and exterior. Ryan LowryDrift off in the “Up”house - “Sleep inside one of Disney and Pixar’s most iconic homes – and yes, it floats. You’ll enjoy an unforgettable living room performance from the Grammy-winning artist, including her favorite songs and tracks from her latest album.”"Purple Rain" House - AirBnb Icons Eric OgdenStay in Prince’s “Purple Rain” house - “Prince purchased the Minneapolis, Minnesota home featured in the legendary film ‘Purple Rain,’ but it’s never been available to the public until now. Explore the home and go crazy for rare and special tracks from Prince’s world in an exclusive studio session.

Persons: Kevin Hart, Airbnb, Brian Chesky, we’ve, Ryan Lowry, ”, You’ll, Kevin, Doja, Eric Ogden, “ Prince, it’s, Khaby, Holly Andres Step, Marvel, you’re, Joy, Janhvi Kapoor Organizations: CNN, Wednesday, Disney Locations: Abiquiu , New Mexico, Minneapolis , Minnesota, Milan, Italy, Westchester , New York, Paris

☆ What Makes a Society More Resilient? Frequent Hardship.
▼ + stars: | 2024-05-01 | by ( Carl Zimmer | ) www.nytimes.com time to read: +1 min

Traditionally, historians have studied these downturns qualitatively, by diving into the twists and turns of individual societies. In a study published Wednesday, these methods allowed Dr. Riris and his colleagues to answer a profound question: Why are some societies more resilient than others? The study, published in the journal Nature, compared 16 societies scattered across the world, in places like the Yukon and the Australian outback. The more often a society went through them, the more resilient it eventually became. “Over time, you will suffer less, essentially,” said Dr. Riris, an archaeologist at Bournemouth University in England.

Persons: Philip Riris, Riris, ” Organizations: Bournemouth University Locations: Yukon, England

☆ Election Updates: Trump campaigns in battleground states for the first time since his trial began.
▼ + stars: | 2024-05-01 | by ( Chris Cameron | ) www.nytimes.com time to read: +6 min

The Louisiana secretary of state has ordered that the congressional map be finalized by May 15. Even so, they said, it was evident that creating a second district with a majority of Black voters was lawmakers’ overarching objective. But in the map drawn by the Republican-controlled Legislature, only one of the six congressional districts had a majority Black population. The ruling reaffirmed the Voting Rights Act of 1965, which had been diminished over the years by the court’s conservative majority. Critics of Tuesday’s ruling argued that the repercussions in Louisiana could extend beyond a single election, or even partisan divisions.

Persons: ”, Critics, Eric H, Holder Jr, Liz Murrill, “ I’ve, ’, David C, Joseph, Robert R, “, Carl E, Stewart, —, Tuesday’s, Ashley Shelton, Ms, Shelton Organizations: Black, U.S . Constitution, National Democratic, Republican, U.S, Supreme, . Constitution, State Legislature, Lawmakers, U.S ., Appeals, Fifth Circuit, American, Western, Western District of, Louisiana Legislature, voters, Power Coalition for Equity, Justice Locations: Louisiana, U.S ., ., Baton Rouge, Shreveport, Western District, Western District of Louisiana, Black, U.S

☆ Fujian: China’s newest aircraft carrier heads to sea for first time
▼ + stars: | 2024-05-01 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

Seoul, South Korea CNN —China’s newest, largest and most-advanced aircraft carrier, the Fujian, took a big step to joining the world’s largest naval fleet on Wednesday as it set out from Shanghai for its first sea trials. “The sea trials will primarily test the reliability and stability of the aircraft carrier’s propulsion and electrical systems,” read an announcement from the state-run Xinhua news agency on Wednesday. The warship was launched in 2022 and has “completed its mooring trials, outfitting work and equipment adjustments” working up to the latest sea trials, Xinhua said. A tugboat tows China's third aircraft carrier, the Fujian, away from a dock in east China's Shanghai on May 1, 2024. The American aircraft carrier USS Gerald R. Ford is seen from the air anchored in Italy in the Gulf of Trieste on September 18, 2023.

Persons: Li Tang, ”, John Bradford, Carl Schuster, Gerald R Ford, ” Bradford, Gerald R, Ford, Andrej Tarfila, Schuster, ” Schuster, Brian Hart, Yuan Huazhi, John F Kennedy, Doris Miller Organizations: South Korea CNN —, Jiangnan Shipyard, Maritime Safety Administration, Xinhua, Liberation Army, United States Navy, PLAN, Foreign Relations International Affairs, US, Pacific Command’s Joint Intelligence, Nimitz, Ford, Center for Strategic, International Studies, Analysts, American, Chinese Defense Ministry, China Power, CSIS, Times, US Navy, Enterprise Locations: Seoul, South Korea, Fujian, Shanghai, East China, Jiangnan, Shandong, Liaoning, Italy, Gulf of Trieste, China

☆ Democrats Announce That They Will Rescue Johnson if He Faces Ouster Vote
▼ + stars: | 2024-04-30 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

House Democrats said on Tuesday that they would join with the G.O.P. to kill an effort to oust Speaker Mike Johnson if far-right House Republicans forced a vote to remove him from his post after he allowed a foreign aid package including assistance to Ukraine to be approved. In a joint statement after a closed-door party meeting, the three top Democrats said they would side with Republicans supportive of Mr. Johnson and vote to table any motion to vacate him from the speaker’s chair, blocking it from coming up. Representative Marjorie Taylor Greene, Republican of Georgia, has filed such a measure and threatened to call a snap vote on it, a threat she renewed on Tuesday after Democrats made clear their intentions. “At this moment, upon completion of our national security work, the time has come to turn the page on this chapter of Pro-Putin Republican obstruction,” the Democratic leaders said in a joint statement.

Persons: Mike Johnson, Johnson, Marjorie Taylor Greene, ” Organizations: Republicans, Republican, Putin, Democratic Locations: Ukraine, Georgia

☆ Jeffries’s Hint of a Lifeline Bolstered Johnson on Ukraine. Will He Need It?
▼ + stars: | 2024-04-29 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

When Representative Hakeem Jeffries, the House Democratic leader, was in Munich in mid-February for the annual international security conference, Representative Michael R. Turner, the Ohio Republican and chairman of the Intelligence Committee, quietly sought him out with a request. Mr. Turner, according to those familiar with the private conversation, told Mr. Jeffries that he was committed to funding Ukraine’s war effort and believed that Speaker Mike Johnson would ultimately put an aid package on the floor, in defiance of right-wing Republicans opposed to doing so. Mr. Jeffries said he would take the idea under advisement. About 10 days later, after a Feb. 27 Oval Office session with President Biden and congressional leaders, Mr. Jeffries made his move. At a luncheon the next day at the Washington bureau of The New York Times, Mr. Jeffries responded to a question that he believed “a reasonable number” of Democrats would bail out Mr. Johnson if he put the aid package to a vote and faced ouster because of it.

Persons: Hakeem Jeffries, Michael R, Turner, Mr, Jeffries, Mike Johnson, Johnson, ultraconservatives, Kevin McCarthy, Biden Organizations: Democratic, Ohio Republican, Intelligence Committee, Republicans, The New York Times Locations: Munich, Washington

☆ Opinion | Student Protest Is an Essential Part of Education
▼ + stars: | 2024-04-29 | by ( Serge Schmemann | ) www.nytimes.com time to read: +1 min

Anyone who was at Columbia University in the spring of 1968 cannot help but see a reprise of those stormy, fateful and thrilling days in what is happening on the Morningside Heights campus today. But there is a troubling and significant difference. That, in turn, has thrust the protests squarely into the polarized politics of the land, with politicians and pundits on the right portraying the encampments as dangerous manifestations of antisemitism and wokeness and demanding that they be razed — and many university administrations calling in the police to do just that. The transformation of the protests into a national political football is perhaps inevitable — everyone up to President Richard Nixon sounded off about students in ’68 — but it is still a shame. Because student protests, even at their most disruptive, are at their core an extension of education by other means, to paraphrase Carl von Clausewitz’s famous definition of war.

Persons: longhaired pukes, Richard Nixon, Carl von Clausewitz’s Organizations: Columbia University, Columbia Locations: Morningside, ’, —

☆ Inside the investing strategy of Hunterbrook Capital, the news-driven hedge fund. Can it succeed in a ruthless industry?
▼ + stars: | 2024-04-29 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +6 min

Small team, limited scopeThe hedge fund makes trades based solely on news from Hunterbrook Media, its media sister company, sometimes getting advanced copies of the articles and placing trades before publication. AdvertisementThe hedge fund, however, has just one sole full-time employee. Before a story is published on Hunterbrook Media, the firm's general counsel reviews it to make sure there's not any insider information — such as leaked earning figures — in it. AdvertisementIf the general counsel and the executives green light the story to be shared, then it goes to the hedge fund — in other words, Dunlevie and Horwitz — prepublication. Opportunities few and far between so farInvestigations from Hunterbrook Media so far have less than a 50% hit rate on turning into trades for the hedge fund.

Persons: —, Nate Anderson's Hindenburg, Carl Icahn's, Nathaniel Horwitz, Matt Murray, Paul Steiger, Bethany McLean, That's, Courtney Dunlevie, Horwitz, Sam Koppelman, Brian Koppelman, Dunlevie, Horwitz — prepublication, isn't, It's Horwitz, Matt, Pulitzer, Tony Horwitz, Geraldine Brooks, Cash, Hunterbrook, Marc Lasry, David Fialkow, Matt Cherwin, we're, " Horwitz Organizations: Service, Business, Hunterbrook, Hunterbrook Media, Wall Street, Barclays, Commonstock, Phoenix Suns, Avenue Capital, Catalyst, JPMorgan Locations: Italian, Korean, Brazil

☆ A financially independent couple that built wealth doing 'live-in flips' is pivoting to private lending. It's more passive and earns them 'about 12%' — but you need 2 things to get started.
▼ + stars: | 2024-04-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

When he was working full-time while also DIY home flipping, Carl recalls putting in 80 hours a week. Shifting to a more passive real-estate strategy: Private lendingThe Jensens started experimenting with private lending in 2016. "The private lending generates such a nice return that it's difficult to be like, 'No, we don't want to have the easy money. To get started in private lending, you need capital and a network. They're confident in the people that they're lending to, "and that is the most important part about lending out money: lending it to somebody that's going to pay you back."

Persons: —, Carl, Mindy Jensen, It's, they've, Mindy, We've, who's, I'm, Let's, we're Organizations: Service, Business Locations: Colorado, New York

☆ Schumer Says Foreign Aid Victory Shows Congress Isn’t Broken
▼ + stars: | 2024-04-26 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

Senator Chuck Schumer, the New York Democrat and majority leader, insists that Congress isn’t broken — it just has a stubborn glitch. As he celebrated approval this week of a major national security spending measure to aid Ukraine and Israel that took months of wrangling and strategizing, Mr. Schumer said the success of the package validated his view that bipartisanship can prevail once extreme elements on Capitol Hill are sidelined. “I don’t think that Congress is dysfunctional,” Mr. Schumer said in an interview. “It’s that there are some dysfunctional people in Congress, and we can’t let them run the show.”The majority leader said that the passage of the foreign aid bill, the renewal of a warrantless electronic surveillance program and the approval of government funding for the year have shown that Congress can still function if its damaging glitch — right-wing lawmakers invested in chaos — is dealt out.

Persons: Chuck Schumer, Schumer, “, Mr Organizations: New York Democrat Locations: Ukraine, Israel

They call it an encirclement of their nation and say the United States is trying to constrain its main economic and military rival. The United States also has a new security agreement with Papua New Guinea. On Wednesday, Mr. Biden signed a $95-billion supplemental military aid and spending bill that Congress had just passed and that includes $8.1 billion to counter China in the region. In addition, the United States continues to send weapons and Green Beret trainers to Taiwan, a de facto independent island and the biggest flashpoint between the United States and China. A swarm of Chinese militia and Coast Guard vessels chased a Philippine Coast Guard ship in the South China Sea last year.

Persons: Xi Jinping, Biden, Antony J, Blinken, Yuri Gripas, ” Ely Ratner, Xi, ” Kurt Campbell, Joseph Wu, ”, “, Samuel J, Paparo Jr, Mr, Paparo, Carl Vinson, Richard A, Brooks, Trump, Lloyd J, Austin III, Chen Jining, Jes Aznar, David H, Berger, Obama, Tony Mcdonough, United States —, Admiral Paparo, China’s “ revanchist, we’re Organizations: Australian, U.S, Marines, United, Pentagon, Corps, Mr, White House, White, The New York Times, American, Marine, Green, China’s, Liberation Army, Seoul SOUTH, Pacific Command, People’s Liberation Army, Agence France, Nuclear Forces Treaty, Defense, Communist Party, Tokyo Okinawa, U.S . Navy, Coast Guard, Philippine Coast Guard, Marine Corps, Army, Philippines Luzon Partner, Australia Darwin Potential, NATO, Tomahawk Locations: Beijing, United States, Papua New Guinea, Philippines, Japan, Okinawa, Taiwan, Asia, Pacific, U.S, China, Shanghai, South China, South Korea, Guam, Washington, Manila, Taipei, People’s Republic of China, Palau, West Papua, Seoul, Tokyo JAPAN CHINA Taipei TAIWAN Hong Kong, GUAM philippines MALAYSIA INDONESIA JAPAN CHINA TAIWAN, philippines GUAM, INDONESIA Seoul, GUAM philippines, MALAYSIA INDONESIA, Philippine, Moscow, Tokyo, Ryukyu Islands, South, Philippines Luzon, Luzon, Spratly, Australia, Canberra, Singapore, Darwin, Australia’s, . North Carolina, Virginia, Perth, United Kingdom, Navy’s, America

☆ Markets wary of intervention as yen struggles at 155 level
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: +3 min

Having traded in a tight range over the past few days, a buoyant dollar finally broke above the 155 yen level for the first time since 1990 in the previous session, and was last steady at 155.34 yen in early Asia trade. The breach of the 155 yen level comes as the BOJ meets to discuss monetary policy, though expectations are for the central bank to keep its short-term interest rate target unchanged following last month's landmark exit from negative rates. "We expect the BOJ meeting to deliver a marginally hawkish hold outcome," said Carl Ang, fixed income research analyst at MFS Investment Management. Continued expectations of gradual policy tightening and a low terminal policy rate make it difficult for the yen to appreciate significantly, even if at historically depressed levels." The dollar steadied at 105.79 against a basket of currencies, pulling away from a nearly two-week low hit in the previous session.

Persons: Carl Ang, Kazuo Ueda, Justin Smirk Organizations: Bank of Japan, MFS Investment Management, Reserve Bank of Australia, Westpac, New Zealand Locations: Tokyo, Asia, Australia

☆ A couple that grew their portfolio by $4 million in 11 years explain how they invest their money, including the individual stocks they own
▼ + stars: | 2024-04-25 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

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

☆ Jurgen Klopp’s ‘Last Dance’ falls flat as Liverpool stunned by local rival Everton to drop out of Premier League title race
▼ + stars: | 2024-04-25 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —For much of this season, Liverpool fans had spoken about sending Jürgen Klopp into the sunset with a historic quadruple of trophies. On Wednesday, Liverpool was stunned 2-0 by struggling local rival Everton in the final Merseyside derby of Klopp’s reign, all but ending the team’s hopes of winning a second Premier League title during the German’s tenure. The defeat leaves Liverpool in second place, three points behind Arsenal and one ahead of Manchester City, though Pep Guardiola’s side now has two games in hand. Klopp will now likely end his final season in charge with just the League Cup. In the second half, the emotions, we’re in a rush, not really clear enough and then we concede the second goal with a routine they’ve done all season.

Persons: Jürgen Klopp, Jarrad, Dominic Calvert, Lewin, “, ”, Pep, ” Klopp, Peter Byrne, ‘, Darwin Núñez’s, Mo Salah, “ It’s, Jordan, Pickford, Klopp, Carl Recine, Arne Slot Organizations: CNN, Liverpool, League, Everton, Merseyside, Premier League, Park, Goodison, Arsenal, Sky Sports, Europa League, Atalanta, Manchester United, Goodison Park, Reuters, Feyernoord Locations: Manchester City, Liverpool

☆ Bucking G.O.P. Isolationists, McConnell Was Linchpin in Winning Ukraine Aid
▼ + stars: | 2024-04-24 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

Senator Mitch McConnell does not give much away even in the most private of settings. “I wasn’t trying to convince Johnson of anything other than we had a time problem,” Mr. McConnell said in an interview on Tuesday, recounting the White House meeting and his message that help for Ukraine could not wait for Mr. Johnson’s political problems to sort themselves out. “I didn’t think we had time to fool around.”Mr. McConnell did not get immediate results. It took almost two more months and some legislative circuity. But Mr. Johnson finally acted last week and the House sent the aid package to the Senate, which followed suit on Tuesday night in overwhelmingly approving more than $60 billion in assistance for beleaguered Ukraine after months of delay and political strife.

Persons: Mitch McConnell, Biden, Mike Johnson, Johnson, McConnell, Chuck Schumer, Hakeem Jeffries, “, Mr, ” Mr Organizations: Republican, Oval, Democratic, House, Senate Locations: Ukraine, Kyiv

☆ Cicadas Are Emerging Now. How Do They Know When to Come Out?
▼ + stars: | 2024-04-24 | by ( Carl Zimmer | ) www.nytimes.com time to read: +1 min

Trillions of noisy, red-eyed insects called cicadas are emerging from the earth after more than a decade of feeding on tree roots. This spring, Brood XIX, known as the Great Southern Brood, and Brood XIII, or the Northern Illinois Brood, are emerging simultaneously. The Great Southern Brood, which emerges across the South and the Midwest every 13 years, has been seen at sites scattered from North Carolina to Georgia. The Northern Illinois Brood, which appears every 17 years in the Midwest, is expected to appear in the next month, as temperatures there warm. “There’s surprisingly little information about cicadas that you’d like to know,” said Raymond Goldstein, a physicist at the University of Cambridge.

Persons: “ There’s, ”, Raymond Goldstein Organizations: Southern, Northern Illinois, Midwest, The Northern Illinois Brood, University of Cambridge Locations: United States, North Carolina, Georgia, The, Midwest

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