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☆ Powell should be 'calm, cool, and collected' around rate decision, says Julia Coronado
▼ + stars: | 2024-05-01 | 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 EmailPowell should be 'calm, cool, and collected' around rate decision, says Julia CoronadoSubadra Rajappa, head of U.S. rates strategy at Societe Generale, Julia Coronado, founder of MacroPolicy Perspectives, Mike Remak, head of investments at Citi Global Wealth join CNBC's 'The Exchange' to share expectations from the Federal Reserve.

Persons: Powell, Julia Coronado Subadra Rajappa, Julia Coronado, Mike Remak Organizations: Societe Generale, Citi Global Wealth, Federal Reserve

☆ Cloud seeding probably didn't cause Dubai's floods. The UAE has been trying to control its weather for years, and the US does it too.
▼ + stars: | 2024-04-17 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Photos show how the UAE, United States, and other countries have been seeding clouds for decades. Historic floods in Dubai didn't come from cloud seeding, but humans' climate impacts are playing a role. Related storiesAccording to several scientists, cloud seeding isn't the driving force behind Dubai's historic floods. Packets of salt are pictured during a cloud seeding operation at a military airbase in Subang, Malaysia. The real threat behind Dubai's floodsMany atmospheric scientists have dismissed the idea that cloud seeding was behind Dubai's floods.

Persons: GIUSEPPE CACACE, Getty, Prometheus, Frankenstein —, Thomas Peipert, Al Hayer, Amr Alfiky, Andrea DiCenzo, Lim Huey Teng, there'd, Friederike Otto, John Marsham, Jeff Big Jeff, Gary Coronado, Marsham, Fred Greaves, Otto Organizations: Dubai didn't, Service, United Arab Emirates, United Arab, UAE, Reuters, National Center of Meteorology, United, UAE's National, of Meteorology, Militia, Imperial College London, Science Media, SMC, University of Leeds, Los Angeles Times, Getty, UAE isn't, National Park Service, AP Locations: UAE, United States, Dubai, United Arab Emirates, Rocky, Lyons , Colorado, China, Australia, Al Ain, Utah, Dongkou county, Shaoyang, Hunan province, Subang, Malaysia, Bannon, Sacramento, , California, California's Sacramento County

☆ I worked at Disney World for over 3 years. Here are answers to 8 questions guests are too embarrassed to ask.
▼ + stars: | 2024-04-15 | by ( Sofía Olivar | ) www.businessinsider.com time to read: 1 min

Do you have any tips for visiting Universal Studios? I love the Wizarding World of Harry Potter at Universal. Solarisys/ShutterstockA lot of people think that because Universal Studios is Disney's "competition," they can't ask park employees about it. When I worked at Coronado Springs Resort, I often asked guests about their days when I saw them return to the hotel with Universal Studios bags. As a big "Harry Potter" fan, I enjoy talking about those parks as much as Disney.

Persons: Harry Potter Organizations: Universal Studios, Universal, Disney Locations: Coronado Springs

☆ I paid $34 to upgrade my room at Disney's Coronado Springs Resort, and it might be the best deal at Disney World
▼ + stars: | 2024-03-10 | by ( Kayleigh Price | ) www.businessinsider.com time to read: +1 min

I stayed in the Gran Destino Tower at Disney's Coronado Springs Resort for two nights. My luxurious Tower room only cost $34 more than the standard offerings. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Ever since Coronado Springs Resort reopened in 2019, with the added Gran Destino Tower, the resort has been a top option. But in January, out of pure curiosity, I asked how much more a room in the Gran Destino Tower would be than my $103-a-night booking — expecting the answer to be in the hundreds.

Persons: —, I'm, I've Organizations: Springs Resort, Service, Disney Locations: Springs, Coronado Springs

The situation was so dire last year at one Walgreens store in San Francisco, employees resorted to padlocking frozen foods. The effort to undo some aspects of Prop 47 comes amid a broader check on some other liberal crime enforcement policies in America. Police data shows that larceny theft, which includes retail theft and car break-ins, is down 37% from this time last year. On Tuesday, San Francisco voters approved two ballot measures spearheaded by Breed. Last September, the state announced it would be sending $267 million to law enforcement agencies throughout the state to tackle organized retail theft.

Persons: Gavin Newsom, It’s, ”, Jason Henry, “, Marlene Harden’s, Harden, Chloe, …, ” Harden, Marlene Harden's, Thanh Tran, Tran, Ella Baker, CNN Lenore Anderson, ” Anderson, Richard Bailey of Coronado, Breed, Tayfun, –, Miracle, don’t, We’re, Newsom, He’s Organizations: San Francisco CNN —, Republican, Democratic, Democratic Gov, CNN, Public, Institute of California, state’s Department of Justice, Walgreens, Walmart, ” Walmart, Westfield San Francisco Centre, New York Times, “ Walgreens, ”, National Retail Federation, Target, Ella Baker Center for Human, Attorneys, San Francisco Mayor London, San Francisco Mayor London Breed, Anadolu Agency, San Francisco Chronicle, Police, “, San Francisco, Breed Locations: San, California, San Francisco, America, Oregon’s, San Diego County, Francisco, Texas, South Carolina

☆ It's not just you — furniture is garbage these days. Here's what you can do about it.
▼ + stars: | 2024-02-03 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +10 min

AdvertisementMike Coleman has seen a lot in his five years selling vintage furniture. Reselling high-quality, vintage furniture is a growing business. taikrixel/Getty ImagesHow furniture materials got so…cheapInnovation in materials during the 20th century disrupted the furniture business. It's not just about where you look for quality furniture, but also about rethinking the decision-making process before purchasing a piece. Coleman, of Big Mike's, said even he acknowledges that in today's world, it's impossible to buy vintage 100% of the time.

Persons: —, Mike Coleman, I'm, Coleman, CoCo Ree Lemery, grandkids, Lemery, Jonathan Adler, it's, There's, she'd, James W, Gayle DeBruyn, Anthropologie, DeBruyn, Gary Coronado, Big Mike's Organizations: Service, Purdue University, Consumers, Furniture, Kendall College of Art, Ferris State University, Urban, Los Angeles Times, Facebook, Ikea Locations: Chicago, China, Williams Sonoma, India, Zara, Banana Republic, Watts, Los Angeles , CA

Police responding to the Uvalde, Texas, shooting showed "no urgency," a DOJ report found. Uvalde school district officers arrived within three minutes of Ramos' arrival at the school and ran toward the classroom, but as they approached, Ramos fired from inside the classroom. Later that night, Justice Department officials privately briefed family members at a community center in Uvalde before the findings were made public. Greg Abbott initially praised the courage of officers' response and blame was later cast heavily on local authorities in Uvalde. The 376 officers at the scene included state police, Uvalde police, school officers and U.S. Border Patrol agents.

Persons: —, Merrick Garland, Robb, Ramos, Berlinda Arreola, Arreola, Attorney Christina Mitchell, Department's, Greg Abbott, Pete Arredondo, ___ Bleiberg, Tucker, Whitehurst Organizations: DOJ, Service, — Police, Justice Department, The, Department, Robb Elementary School, Office, Oriented, Services, Texas Rangers, Attorney, Republican Gov, . Border Patrol, Columbine High, of Public Safety Locations: , Texas, UVALDE , Texas, Uvalde , Texas, Uvalde, Texas, Uvalde County, San Antonio, In Texas, Dallas, Washington ,

☆ Carrying a credit card balance is costing you $1,140 per year — and is about to get much worse
▼ + stars: | 2023-12-05 | by ( Cork Gaines | ) www.businessinsider.com time to read: +7 min

However, credit card balances are especially worrisome because they are going to keep getting worse. That means the average American could be spending $1,140 every year on credit card interest and fees alone. Americans have been accruing a lot of credit card debt at a terrible timeAccording to the Federal Reserve Bank of New York, Americans had nearly $1.1 trillion in credit card debt in the third quarter of this year. Credit card interest rates, which had already been at their highest level since the mid-1990s, started soaring even higher. But with credit card debt going through the roof, the blissful spending could come to a screeching halt.

Persons: couldn't, —, Gary Coronado, LendingTree, Ted Rossman, Biden Organizations: Service, SoFi Bank, Federal Reserve, Federal Reserve Bank of New, Federal Reserve Board, Fed, New York, New York Fed, Consumer Financial, CNN, Household Economics Locations: WalletHub, Federal Reserve Bank of New York, delinquencies

☆ With job cuts and drug tests, the Pentagon hopes to prepare its special-ops forces for a new era of warfare
▼ + stars: | 2023-11-21 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

US Navy/MCS 1st Class Anthony W. WalkerNaval Special Warfare Command announced in September that it would start testing its personnel, including Navy SEALs and Naval Special Warfare Combatant-Craft Crewmen, for performance-enhancing drugs. The initiative comes after several drug-related incidents in the Naval Special Warfare community and is designed to protect the force's health and readiness. Special Forces Assessment and Selection candidates carry a telephone pole during a ruck march at Camp Mackall in North Carolina in March 2020. The Navy Special Warfare Community has swelled to about 4,000 SEALS — 10 times as many as at the height of the Cold War. A US Special Forces soldier free falls over a drop zone in Germany in March 2015.

Persons: —, Anthony W, Keith Davids, Jason Johnston, Stavros Atlamazoglou Organizations: Pentagon, Service, US Navy, Walker, Warfare Command, Navy, Warfare, Craft, Navy SEAL, Special Forces, US Army, Special, Command, Army, 75th Ranger, Operations Command, US Special Forces, Hellenic Army, 575th Marine Battalion, Johns Hopkins University, Johns Hopkins School, International Studies, Boston College Law School Locations: Iraq, Afghanistan, Syria, Ukraine, Beijing, Asia, Pacific, Russia, China, Coronado , California, Mackall, North Carolina, Germany

☆ Expect higher interest rates in 2024, says Bleakley's Peter Boockvar
▼ + stars: | 2023-11-06 | 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 EmailExpect higher interest rates in 2024, says Bleakley's Peter BoockvarPeter Boockvar, CIO of Bleakley Financial, and Julia Coronado, Macropolicy Perspectives founder, join 'The Exchange' to discuss the outlook for rate hikes, the likelihood of a recession, and more.

Persons: Bleakley's Peter Boockvar Peter Boockvar, Julia Coronado Organizations: Bleakley, Macropolicy

☆ Watch CNBC's full interview with Peter Boockvar and Julia Coronado
▼ + stars: | 2023-11-06 | 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 EmailWatch CNBC's full interview with Peter Boockvar and Julia CoronadoPeter Boockvar, Julia Coronado, and CNBC's Steve Liesman join 'The Exchange' to discuss the outlook for rate hikes, the likelihood of a recession, and more.

Persons: Peter Boockvar, Julia Coronado Peter Boockvar, Julia Coronado, Steve Liesman

"If long-term interest rates remain elevated because of higher term premiums, there may be less need to raise the fed funds rate," Logan said. The Dallas Fed president said the economy has been stronger than she had expected, as has been the labor market, and that inflation was still too high despite progress in lowering it. But because Logan ran the New York Fed's bond portfolio for years before she took the top job at the Dallas Fed, her views on what's driving long-term rates higher could carry considerable weight as policymakers weigh their next moves. "The expectation of lower Federal Reserve asset holdings over time implies that other investors will need to hold more long-duration securities, which appears to be one factor among the many contributing to higher term premiums," Logan said. Figuring out how much of the higher long-term rates is due to higher term premiums is complex, she added.

Persons: Lorie Logan, Ann Saphir, Logan, Mary Daly, Julia Coronado, Lorie, she's, Krishna Guha, Guha, Paul Simao Organizations: Federal Reserve Bank, Dallas, Kansas City, REUTERS, Rights, Treasury, Federal Reserve, National Association for Business Economics, Market, San Francisco Fed, Evercore ISI, Dallas Fed, Fed, Thomson Locations: Kansas, Jackson Hole , Wyoming, U.S, York

Most economists think that while the hit could be substantial, it will not be so big that it would plunge America into a recession. Goldman Sachs analysts expect renewed student loan payments to cost households about $70 billion per year. But the student loan payments will also restart at the same time consumers face a number of other headwinds, including shrinking savings piles, a cooler job market and higher price levels after two years of rapid inflation. Retailers have begun to publicly fret that the resumption of student loan payments could collide with those other developments, pushing their shoppers closer to a breaking point. Executives from companies like Walmart, Macy’s, Best Buy and Gap have all warned analysts and investors that student loan payments may put pressure on shoppers’ budgets, eating into some of their sales in the process.

Persons: Goldman Sachs, Biden, Julia Coronado, “ It’s, ” Organizations: Hollywood, United Auto Workers, Retailers, Walmart, Macy’s

☆ Insider Today: Apple's new iPhone is here
▼ + stars: | 2023-09-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

This post originally appeared in the Insider Today newsletter. But the show's real stars were the new versions of Apple's iPhone and Apple Watch. But if you were hoping a new iPhone will send Apple's stock soaring, think again. Prior to Tuesday's event, Apple's shares fell an average of 0.2% on days a new iPhone was announced, according to Barron's. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: Bond, Elon Musk's, Justin Sullivan, Octavia Spencer, Tim Cook, Max, Insider's Sarah Jackson, Jordan Hart, Lakshmi, iPhones, Gary Coronado, Jamie Dimon, — Warren Buffett —, Bill Gross, DoubleLine's Jeffrey Gundlach, Pimco, DoubleLine's, Gross, Anna Moneymaker, Thomas Trutschel, isn't, Sundar Pichai, Elon, Walter Isaacson, Read, Kent Walker, Chelsea Jia Feng, Patreon, Naomi Osaka, Shaquille O'Neal, Allegra, Dayquil, Jennifer Aniston, Reese Witherspoon, Yelp, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Jets, Apple, Apple Watch, Getty, Bloomberg, JPMorgan, Wall, Google, Software, Amazon, FDA, North American, Detroit Auto, GMC, Bourbon Locations: Wall, Silicon, Milwaukee, Lakshmi Varanasi, ., China, that's, Latvia, Estonia, Chelsea, Colorado, Arizona, Morocco, New York City, San Diego, London, New York

☆ Wells Fargo's Mark Smith sees more inflationary headwinds ahead
▼ + stars: | 2023-09-06 | 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 EmailWells Fargo's Mark Smith sees more inflationary headwinds aheadMark Smith, Wells Fargo Advisors senior vice president and portfolio manager, Julia Coronado, MacroPolicy Perspectives founder and president, CNBC's Steve Liesman and Rick Santelli join 'The Exchange' to discuss Fed rates, employment index, and economic trends.

Persons: Wells, Mark Smith, Julia Coronado, CNBC's Steve Liesman, Rick Santelli Organizations: Wells, Advisors, MacroPolicy

☆ Watch CNBC's full interview with Wells Fargo's Mark Smith and MacroPolicy Perspectives' Julia Coronado
▼ + stars: | 2023-09-06 | 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 EmailWatch CNBC's full interview with Wells Fargo's Mark Smith and MacroPolicy Perspectives' Julia CoronadoMark Smith, Wells Fargo Advisors senior vice president and portfolio manager, Julia Coronado, MacroPolicy Perspectives founder and president, CNBC's Steve Liesman and Rick Santelli join 'The Exchange' to discuss Fed rates, employment index, and economic trends.

Persons: Wells Fargo's Mark Smith, Julia Coronado Mark Smith, Julia Coronado, CNBC's Steve Liesman, Rick Santelli Organizations: Wells, Advisors, MacroPolicy

☆ The $362 million warship the US Navy just decommissioned wasn't even in service 5 years
▼ + stars: | 2023-08-16 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +6 min

The US Navy officially decommissioned USS Sioux City this week. The $362 million Littoral Combat Ship has been in service roughly four years and nine months. USS Sioux City, a Freedom-class Littoral Combat Ship, was commissioned into service with the Navy on November 17, 2018. In September last year, the Navy decommissioned the Independence-class Littoral Combat Ship USS Coronado after just eight years of service. USS Sioux City conducts a passing exercise with an Egyptian Navy frigate in the Red Sea in July 2022.

Persons: Brandon J, Vinson, Capt, Daniel Reiher, Nicholas S, Tenorio, Nicholas A, Bob Scott, Scott, Seaman Juel Foster, James Stavridis, Stavridis Organizations: US Navy, Navy, Service, USS, Naval, Brandon, Sioux, Coast Guard, Mayport, Littoral Combat Ship Training, Combat, Combat Ships, USS Sioux City, Egyptian Navy, Russell, Russell Sioux City, Iowa Public, Littoral Combat, USS Navy, Communication, Ships Locations: Sioux City, Wall, Silicon, USS Sioux City, Florida, Iowa, Coronado, Littoral, Souda Bay, Greece, USS Sioux, Egyptian, Red, Russell Sioux, China

If housing cost pressures start to ease more in the coming months, as many economists expect, then the Federal Reserve is almost certainly done. Headline annual consumer price inflation rose a little less than expected last month to 3.2%, and annual core inflation cooled slightly to 4.7%, as forecast. Reuters ImageReuters ImageShelter inflation is running at a 7.7% annual rate and has been far stickier than policymakers would have liked. But Parsons reckons lag effects will soon be bringing shelter inflation down more quickly. Reuters ImageReuters ImageReuters Image(The opinions expressed here are those of the author, a columnist for Reuters)Reporting by Jamie McGeever; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Jerome Powell, Brendan McDermid, Jay Parsons, Parsons, Jerome Powell's, Phil Suttle, Julia Coronado, Andreas Steno Larsen, Powell, Jamie McGeever, Jonathan Oatis Organizations: Federal Reserve, New York Stock Exchange, REUTERS, Federal, Fed, Traders, Reuters, CPI, Suttle, Steno Research, Thomson Locations: New York City, U.S, ORLANDO, Florida, materializing

☆ The possibility of a soft landing looks more tangible than it did 6 months ago, says Julia Coronado
▼ + stars: | 2023-08-03 | 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 EmailThe possibility of a soft landing looks more tangible than it did 6 months ago, says Julia CoronadoJulia Coronado, MacroPolicy Perspectives founder and president and former FOMC economist, joins 'Squawk Box' to discuss the latest productivity numbers, the Fed's rate hike campaign, Fitch's rating downgrade, and more.

Persons: Julia Coronado Julia Coronado Organizations: MacroPolicy

☆ 3 signs the US economy is set to zoom past growth expectations
▼ + stars: | 2023-07-26 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

On Thursday, new GDP data will show just how much the US economy grew between April and June. The US has also been experiencing a factory boom, with construction spending on US manufacturing nearly doubling from May 2022 to May 2023. Manufacturing employment recently hit its highest level since 2008, and since Biden took office, around 800,000 manufacturing jobs were added. In the first two quarters of this year, applications to start a business likely to hire employees grew 7% year-over-year. Sectors leading likely employer business applications include accommodation and food services, construction, health care and social assistance, and retail trade.

Persons: Morgan Stanley, Joe, Biden, Ellen Zentner, Julia Coronado Organizations: Infrastructure Investment, Jobs, Service, Federal Reserve Bank of Atlanta, Federal Reserve Bank of Philadelphia, Congressional, Investments, Economic, Sectors, National Association for Business Economics, Conference, CPI, Federal Locations: Wall, Silicon, —, Philadelphia, frastructure, Mississippi, North Carolina

☆ Top economists do U-turn on recession forecasts as most now see it as unlikely in next year
▼ + stars: | 2023-07-25 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

A 71% majority of economists put the odds of a recession in the next 12 months at 50% or less. It's a turnabout from a March, when a majority saw a recession sometime in 2023. A 71% majority of economists put the odds of a recession in the next 12 months at 50% or less, according to a survey by the National Association for Business Economics. That includes a sizable chunk who are especially optimistic, with one-fourth saying a recession has a probability of 25% or less. And in the March NABE survey, 58% said the US was either already in a recession or that it would come sometime in 2023.

Persons: It's, Julia Coronado, Steve Eisman, Paul Krugman Organizations: National Association for Business Economics, Service Locations: Wall, Silicon

☆ Business conditions are expected to improve as inflation slows
▼ + stars: | 2023-07-24 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —American businesses are expected to fare better in the coming months, according to a survey of economists and analysts released Monday. A survey from the National Association for Business Economics released Monday showed that businesses have rejoiced in better economic conditions. Meanwhile, a majority of respondents reported that wages at their firms were unchanged — the first time more economists reported no wage gains than rising wages since 2021. The Fed doesn’t necessarily need a recession to do that, but some research suggests the labor market must cool further. The labor market is closely watched by Fed officials since higher labor costs feed into inflation.

Persons: haven’t, ”, Julia Coronado, Austan Goolsbee, cooldown, Brian Moynihan, bode Organizations: DC CNN, Federal Reserve, University of Michigan’s, Consumers, National Association for Business, Employers, Chicago Fed, Bank of America, Bureau of Labor Statistics, National Federation of Independent, Fed Locations: Washington

☆ We believe next week's Fed rate hike will be the last: MacroPolicy Perspectives' Julia Coronado
▼ + stars: | 2023-07-21 | 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 EmailWe believe next week's Fed rate hike will be the last: MacroPolicy Perspectives' Julia CoronadoJulia Coronado, MacroPolicy Perspectives founder and president, joins 'Squawk Box' to discuss the Fed's rate hike campaign, what to expect from the Fed next week, and more.

Persons: Julia Coronado Julia Coronado Organizations: MacroPolicy, Fed

☆ A few more rate hikes might not be as damaging to market sentiment after June pause: Julia Coronado
▼ + stars: | 2023-06-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA few more rate hikes might not be as damaging to market sentiment after June pause: Julia CoronadoJulia Coronado, MacroPolicy Perspectives, joins CNBC's 'Taking Stock' special to discuss recent comments from Federal Reserve Chair Jerome Powell, the central bank's next moves, and the banking sector's impact on Federal Reserve policy.

Persons: Julia Coronado Julia Coronado, Jerome Powell Organizations: MacroPolicy, Federal

☆ Economy remains very strong despite Fed's rate hikes, says Allspring Global's Margie Patel
▼ + stars: | 2023-06-05 | 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 EmailEconomy remains very strong despite Fed's rate hikes, says Allspring Global's Margie PatelJulia Coronado, founder of Macro Policy Perspectives, and Margie Patel, senior portfolio manager for multi-asset solutions with Allspring Global Investments, join 'The Exchange' to discuss the potential for a Fed rate pause, the Fed's mission to find an adequate hold rate, and investment strategies for the fixed-income market.

Persons: Allspring, Margie Patel Julia Coronado, Margie Patel Organizations: Macro, Allspring Global Investments

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