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Opinion: Winds of fate confront Trump
  + stars: | 2024-04-28 | by ( Richard Galant | ) edition.cnn.com   time to read: +19 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. To Trump’s delight, the top court’s session dimmed the chances the federal case will go to trial before the election. (Trump has denied the affairs with Daniels and McDougal and has pleaded not guilty to the hush money charges. Here’s why we should tune in anyway 04:27 - Source: CNNAs SE Cupp noted, “Trump and Biden debated twice in 2020. Chris Pizzello/Invision/APCNN anchor Victor Blackwell is a fervent Beyoncé fan but her foray into country music didn’t initially grab him.
Persons: CNN —, Yabushige, Yoshii, , , Toranaga, Donald Trump’s, Trump, Stormy Daniels, Jack Smith, Steve Vladeck, Neil Gorsuch, ” Clay Jones, immunizing Trump, John Roberts, Roberts, ” Vladeck, Joey Jackson, David Pecker, Pecker’s “, Michael Cohen …, Norm Eisen, George T, Conway III, Jill Filipovic, Melania Trump, Melania, Daniels, McDougal, ” Bill Bramhall, Frida Ghitis, Jonathan Greenblatt, ” “, Rev, Serene Jones, Israel … ”, Julian Zelizer, , Lyndon Johnson, Hubert Humphrey, Richard Daley, Richard Nixon, Fareed Zakaria, Ian Berlin, I’m, Bill Bramhall, Kara Alaimo, ” Alaimo, “ Trump, Biden, CNN’s Jake Tapper, ABC’s George Stephanopoulos, Chip Bok, Clarissa Wei, Mike Johnson, Sen, John Fetterman of, Johnson, Scott Jennings, it’s, Mark Hannah, “ Biden, ” Biden, Hannah, Deborah Carr, Gerry Turner, Theresa, ’ —, ” Carr, ” Don’t, Terri Gerstein, Hasan Merali, Tess Taylor, Jeff Yang, Dean Obeidallah, Joey Weatherford, Beyoncé, Chris Pizzello, Victor Blackwell, didn’t, , Carter, she’s, CNN FlashDocs, Duke Ellington, Sammy Miller, Billy Strayhorn, Ellington, Strayhorn, Michael Ochs, “ Ellington, Organizations: CNN, Republican, Art Deco New, , Trump, New, American Media, National Enquirer, Agency, Columbia University , Yale, Defamation League, Hillel, Columbia, Force, Union Theological Seminary, New York City Police Department, Columbia University, Twitter, Facebook, Democratic, Convention, Chicago police, Yale, Real Housewives, Syndicate, Theresa Nist, Nashville’s, Max, Michael Ochs Archives Locations: New York, Washington, Florida, Georgia, Israel, Israeli, Columbia, Gaza, Chicago, Vietnam, Taiwan, China, America, Taipei, , Ukraine, John Fetterman of Pennsylvania, Fetterman, Crimea, Los Angeles, Sugar, Harlem
The finale of FX's "Shōgun" and a Bon Jovi docuseries are streaming now too. 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 . There are also several new documentaries out this weekend, including one about Bon Jovi and another about a Chilean doomsday cult. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.
Persons: There's, , messier, Bon Jovi Organizations: Service, HBO Locations: Bon, Chilean
Yen at its weakest in decades as BOJ meets
  + stars: | 2024-04-26 | by ( ) www.cnbc.com   time to read: +3 min
The yen was parked by a 34-year low on the dollar and decade lows on other crosses ahead of a Bank of Japan meeting where interest rates are expected to stay low, while the dollar dipped elsewhere on softer-than-expected U.S. growth data. The yen , however, fell to its weakest since 1990 at 155.75 per dollar, tracking a sharp rise in U.S. yields as separate figures showed a surge in an inflation measure. The size and persistence of the yield gap has encouraging short yen positions and drives Japanese money into dollar assets such as Treasuries, weighing on the currency. The Bank of Japan already hiked rates at a landmark meeting in March where it ended years of negative interest rates. The New Zealand dollar was a touch firmer in Asia morning trade at $0.5960 and has gained in the previous four sessions.
Persons: , Shunichi Suzuki, Nathan Swami, I'm, Sterling Organizations: Bank of Japan, Japanese Finance, Bank of, Citi's, New Zealand Locations: Asia, Bank of Japan, Citi's Asia, Pacific, Singapore
Economists polled by Dow Jones forecast GDP growth would come in at 2.4%. Tech tumbleThe lackluster GDP added further pressure to an already-tense market contending with concerns over a pullback in growth among technology earnings. "This report was the worst of both worlds: economic growth is slowing and inflationary pressures are persisting," wrote Chris Zaccarelli, investment chief at Independent Advisor Alliance. Investors are hoping the PCE report, which is the Fed's preferred measure of inflation, will show an improvement in pricing pressures after the March consumer inflation report came in hotter than expected. — Brian Evans8:58 a.m.: 10-year Treasury yield jumps to highest level since NovemberThe 10-year Treasury yield broke above 4.7% following the GDP report, hitting its highest level since November.
Persons: Johannes Eisele, Dow Jones, Chris Larkin, Morgan Stanley, Meta, Thierry Wizman, UnitedHealth, Alex Harring, Mark Zuckerberg's, Hakyung Kim, Fred Imbert, Chris Zaccarelli, Sarah Min, — Brian Evans, — Jesse Pound Organizations: New York Stock Exchange, AFP, Getty, Dow Jones, Caterpillar, IBM, Nasdaq, Dow, Federal Reserve, Federal, Traders, Meta, Business Machines, FX, Macquarie, Microsoft, Amazon, Merck, York Stock Exchange, Independent, Alliance, Investors, Treasury, Gross
Editor’s Note: This interview was aired on CNN’s “First Move With Julia Chatterley.”CNN —With “Shogun,” Hiroyuki Sanada wanted to get things right. “So, I wanted to…introduce the world correctly.”He plays Lord Yoshii Toranaga on the acclaimed FX miniseries, an adaptation of James Clavell’s best-selling 1975 novel of the same name. Not a stereotypical samurai.”Video Ad Feedback Watch: Hiroyuki Sanada speaks to CNN's Julia Chatterly on how "Shogun" has become a global hit. 02:16 - Source: CNNWhile Sanada, 63, has been acting for close to six decades, this is the first time he’s taken on a producer role. What we tried to do with that gaze was find a way to transcend culture.”The miniseries has proved popular.
Persons: Julia Chatterley, , ” Hiroyuki Sanada, Yoshii Toranaga, James Clavell’s, Tokugawa Ieyasu, Hiroyuki Sanada, CNN's Julia Chatterly, Sanada, John Blackthorne, Cosmo Jarvis, , Anna Sawai, Lady Mariko, Michael De Luca, Justin Marks, Rachel, Kondo, Michelle Yeoh, Ke Huy Quan, Beef, Ali Wong, Steven Yeun Organizations: ” CNN, CNN, FX, Disney Locations: Japan, Hollywood, Clavell’s
Firm dollar drags yen down closer to intervention range
  + stars: | 2024-04-23 | by ( ) www.cnbc.com   time to read: +4 min
A firm U.S. dollar had the yen locked near a fresh 34-year low on Tuesday, keeping investors on heightened intervention watch as they looked ahead to key U.S. inflation report and the Bank of Japan's rate decision this week. A firm U.S. dollar had the yen locked near a fresh 34-year low on Tuesday, keeping investors on heightened intervention watch as they looked ahead to key U.S. inflation report and the Bank of Japan's rate decision this week. Traders have been keeping wary eye as yen slips towards 155.00, a level considered by many participants as the new trigger for intervention by Japanese authorities. The weak yen complicates the BOJ's policy path, with some market players betting the central bank could come under pressure to hike rates sooner than it wants to slow the currency's decline. Markets are currently pricing in a 46% chance of the Fed's first rate cut starting in September, with November not far behind at 42%, according to the CME FedWatch Tool.
Persons: Carol Kong, Shunichi Suzuki, BoE, Sterling, bitcoin Organizations: Bank of, Traders, Bank of Japan's, Commonwealth Bank of Australia, Japan's Finance, Federal Reserve, Investors, Commonwealth Bank of Australia's, European Central Bank, Bank of England Locations: Japan, Iran, Israel, Tokyo, Japan's, U.S, Commonwealth Bank of Australia's Kong
HSBC discusses prospects of yen intervention
  + stars: | 2024-04-23 | 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 EmailHSBC discusses prospects of yen interventionJoey Chew, HSBC's head of Asia FX Research, discusses the outlook for the currency and monetary policy.
Persons: Joey Chew Organizations: HSBC, Asia FX Research
When THR asked Marks to clarify whether his comments precluded a second season, he didn't immediately shut it down. AdvertisementBut Maria Gonzales, one of the show's editors, told ComicBook TV that the crew hadn't explicitly discussed a second season. AdvertisementOkay, so what could be the source material for a second season? At this point, it's impossible to tell where a second season would go. "Shōgun" season one is now available to stream in its entirety on Hulu.
Persons: , Rachel Kondo, Justin Marks, James Clavell's, Hiroyuki Sanada, Lord Toranaga, shōgun, Tokugawa Ieyasu, John Blackthorne, Cosmo Jarvis, Toranaga, Toda Mariko, Anna Sawai, there's, Marks, didn't, It's, we'd, Maria Gonzales, ComicBook, Gonzales, I'm, Clavell, Gai, Jin, They're, what's Organizations: Service, Hollywood, FX, Town Locations: Edo, Japan, Tokugawa, Shōgun, Hong Kong, Hulu
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'King dollar' lacks challengers as economy stays strong, says Morgan Stanley's James LordJames Lord, Morgan Stanley head of FX and emerging market strategy, joins 'Money Movers' to discuss challengers to the U.S. dollar, the increased focus on bond auctions, and more.
Persons: Morgan Stanley's James Lord James Lord, Morgan Stanley Organizations: U.S .
Aussie, New Zealand dollars tumble on risk-off moves; yen rises
  + stars: | 2024-04-19 | by ( ) www.cnbc.com   time to read: +4 min
The risk-sensitive Australian dollar tumbled 0.8% to $0.6370, and the New Zealand dollar fell 0.63% to $0.5864. ABC News reported late on Thursday that Israeli missiles have hit a site in Iran, citing a U.S. official. The shift in rate expectations has come on the back of a slew of resilient U.S. economic data that has repeatedly surpassed expectations, alongside still-sticky inflationary pressures. "Although policy easing may arrive a bit later than previously expected, we still believe the FOMC will start cutting rates before the year is out," said economists at Wells Fargo. Against a basket of currencies, the greenback rose 0.1% to 106.28, hovering near a more than five-month high of 106.51.
Persons: Carol Kong, I'm, Kazuo Ueda, it'll, CBA's, Jerome Powell Organizations: New, Hamas, U.S ., U.S, New Zealand, ABC News, Commonwealth Bank of Australia, Bank of Japan, European Central Bank, ECB Locations: New Zealand, Iran, United States, Japan, South Korea, U.S, CBA's Kong, Wells Fargo
Dollar steady, yen fragile after Fed comments dash rate cut bets
  + stars: | 2024-04-17 | by ( ) www.cnbc.com   time to read: +4 min
The comments follow a slew of data in recent weeks that highlight the strength of U.S. economy along with persistent inflation. Against a basket of currencies, the dollar was last at 106.33, just below the five month peak of 106.51 touched on Tuesday. I'm watching dollar strength and U.S. real yields very closely." On Wednesday, the yen was last at 154.65 per dollar, having touched the 34-year low of 154.79 in the previous session. The Australian dollar rose 0.12% to $0.641, while the New Zealand dollar rose 0.22 to $0.589.
Persons: Jerome Powell, Powell, Powell's, " Powell, Ben Bennett, Kieran Williams, InTouch Capital's Williams Organizations: Federal Reserve, U.S, Traders, Investment Management, Asia FX, InTouch, CPI, New Zealand Locations: Washington, Asia, JPY, Japan
The dollar stood just off its highest since early November against a handful of peer currencies on Tuesday, raising intervention worries as the yen languished at its lowest level since 1990 following hotter-than-expected U.S. retail sales. The dollar stood just off its highest since early November against a handful of peer currencies on Tuesday, raising intervention worries as the yen languished at its lowest level since 1990 following hotter-than-expected U.S. retail sales. In the U.S., retail sales rose 0.7% last month, compared with the 0.3% rise that economists polled by Reuters had forecast. The Japanese yen languished under the dollar's continued strength and large interest rate differential between the two countries, breaching 154 to hit a fresh 34-year low against the dollar on Monday. The offshore Chinese yuan was mostly unchanged at 7.2620 per dollar ahead of the key economic data releases out of China.
Persons: Matt Simpson, Shunichi Suzuki, Index's Simpson, bitcoin Organizations: Reuters, Federal Reserve, U.S ., U.S, Traders, Japanese Finance, European Central Bank Locations: China, U.S, Middle
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBK Asset Management's Kathy Lien talks what is next for the Yen after hitting a 34-year lowKathy Lien, Managing Director of FX Strategy at BK Asset Management, joins 'Fast Money' to discuss recent trends in the Japanese Yen after hitting a 34-year low.
Persons: Kathy Lien Organizations: BK Asset Management
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAt $3.5 billion, Nat Dean's new macro fund, West Basin, is set to be one of the biggest hedge fund launches of the year. Marketing documents viewed by Business Insider from London-based Capula describe the macro fund's performance, trading focuses, and projections. AdvertisementThe Capula Tactical Macro fund became a stand-alone in late 2020 after operating within the larger multi-strategy offering. According to the marketing materials, Dean's ideas are generated from three different sub-categories: thematic macro, macro relative value, and semi-systematic.
Persons: , Nat, Dean, Capula, Dean — Organizations: Service, The, Bloomberg, Business Locations: West Basin, The New York, London, Ukraine
Markets kept their cool on Monday amid a fast-moving and volatile geopolitical landscape in the Middle East — but the longer-term risk premium has likely risen, while oil prices remain on edge, analysts said. Iran said it was acting in self-defense in response to a strike on its diplomatic compound in Damascus, Syria, earlier this month. By Monday, global players including the U.S. and European leaders were seeking to cool tensions, urging Israel to show restraint in its response. Sinha nevertheless added that "the fact that we moved from a proxy confrontation to a direct confrontation, even though that de-escalates in the near term, the longer term risk premium probably goes up." "I think the FX market ultimately will take its cue from oil prices because ultimately, that's the channel through which it spills over to the FX market," he said.
Persons: Adarsh Sinha, CNBC's, Sinha Organizations: U.S . Energy Information Administration, U.S, Asia FX, Bank of America, Iranian, FX Locations: Iran, Israel, Damascus, Syria, Strait, Hormuz, Tehran, Asia, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe foreign exchange market will ultimately take its cue from oil prices, BofA strategist saysAdarsh Sinha, co-head of Asia FX and rates strategy at Bank of America, discusses geopolitical tensions and says "even though we're pricing in near-term de-escalation, the longer-term geopolitical risk premium probably has to go up."
Persons: Adarsh Sinha Organizations: Asia FX, Bank of America Locations: Asia
Within hedge funds in particular, there has been a war for talent — or a talent bubble, depending on who you talk to — as the biggest funds grow ever larger. Banks, hedge funds, consulting — it's all on the table for Monnier in a chaotic recruiting environment that is unlike the ones he has experienced before. Pros and cons of the buy-sideThe best job market Monnier has experienced was, naturally, before the global financial crisis. Now, the job market isn't as hot, but the number of players interested in his skillset has grown. Average pay at hedge funds was nearly $500,000.
Persons: , Jeremy Monnier doesn't, Goldman Sachs, Joe Leung, Leung, Monnier, Banks, Goldman, Zar Amrolia, Amrolia, he's, eFinancialCareers, they'd, doesn't Organizations: Service, Michelin, Business, Barclays, Deutsche Bank, Monnier, Deutsche, XTX, Barclays — Locations: London, German, Normandy, France, Paris, United Kingdom
CNN —Celebrity owners Ryan Reynolds and Rob McElhenney could not have written a better Hollywood script since taking over Wrexham AFC in February 2021. The Welsh club earned its second consecutive promotion, this time to League One - English football’s third tier – following a 6-0 win over Forest Green Rovers on Saturday at the Racecourse Ground in Wrexham, Wales. With the win, Wrexham trails Stockport by four points for the League Two title, though the league leader has played one game fewer. Wrexham is now two promotions away from the English Premier League, with the Championship – English football’s second tier – the next aim. The Welsh club will look to continue its quest for a League Two championship when it next plays on April 20 against Crewe Alexandra at The Mornflake Stadium in Crewe, England
Persons: Ryan Reynolds, Rob McElhenney, ” Reynolds, “ Congrats, ” McElhenney Organizations: CNN, Wrexham AFC, Welsh, League, Forest Green Rovers, Wrexham, English Premier League, Crewe Alexandra Locations: Wrexham, Wales, Stockport, North Wales, , Crewe
In his newest role, Goggins is a lot more than "That Guy." It's the kind of role Goggins excels at playing: a complex character who makes the audience question if they can — or should — root for him. "I didn't pick this lane; I think this lane picked me," Goggins told Business Insider when asked if he seeks out morally ambiguous roles. On showing up to LA with only $300 and almost getting fired from 'The Shield'(L-R) Walton Goggins and Robert Duvall in "The Apostle." And I love to see other people's work; I'm not threatened by that at all.
Persons: Walton Goggins, Guy, Robert Duvall's, Goggins, Shane Vendrell, Danny McBride, Quentin Tarantino, Django, he's, who's, Danny McBride's, Steven Spielberg, Quentin Tarantino's, Robert Duvall, I've, Duvall, Shawn Ryan, Spielberg, Tarantino's, Billy Freeman, Ryan Green, Jody Hill, David Gordon Green, David, It's, Shane, Jason Sudeikis, Jason, I'm, Steven Spielberg's, Steven, Quentin Organizations: FX, Business, Walton, HBO, Weinstein Locations: Hollywood, Beverly Hills, LA, Beverly, Georgia, Los Angeles, HBO's
Simpson trial lives on infamy more than 30 years later. Here are some of the biggest moments from "the trial of the century." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The trial still remains a cultural touchstone, with the Emmy-winning 2016 FX series "The People v. O.J. Here's a look back at some of the most iconic photos from the trial.
Persons: Simpson, , Rodney King, Rupert Murdoch, O.J, Cuba Gooding, Sarah Paulson, John Travolta, David Schwimmer, Sterling K, Brown Organizations: Bronco, Service, NFL, Los Angeles Police Department, Fox, CNN
Yen feels the heat as U.S. Treasury yields climb
  + stars: | 2024-04-09 | by ( ) www.cnbc.com   time to read: +3 min
The greenback added 0.03% to 151.87 yen , holding near a 34-year high of 151.975 yen hit last month as Japanese officials continued to ramp up their jawboning efforts in a bid to defend the currency. The threat of intervention from Tokyo has kept the dollar from breaching the closely-watched 152 yen level, even as U.S. Treasury yields — which the dollar/yen pair tends to closely track — climb. Sterling tacked on 0.04% to $1.2658, while the euro steadied at $1.0860, holding near a two-week high. Despite a rise in U.S. Treasury yields the dollar has failed to draw meaningful support as traders reassess their expectations of the pace and scale of Federal Reserve rate cuts priced in by markets for later this year. That's come even as the two-year Treasury yield rose to an over four-month high of 4.8010% on Tuesday, while the benchmark 10-year yield likewise held near an over four-month peak and last stood at 4.4278%.
Persons: Shunichi Suzuki, Ryota Abe, Sterling, That's, It's, Ray Attrill Organizations: Treasury, Finance, SMBC, New Zealand, National Australia Bank Locations: U.S, Tokyo, United States
We have all the details on where to watch American Horror Story, including both new episodes and past seasons. Where to watch American Horror Story in the USAmerican Horror Story: Delicate airs Wednesdays at 10 p.m. For those who don't have cable, this will mean trying out a live TV package like Sling TV or Hulu + Live TV. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluWhere to watch American Horror Story in the UKDisney+ is home to American Horror Story in the UK.
Persons: it's, masterminds Ryan Murphy, Brad Falchuk, Emma Roberts, She's, Kim Kardashian, Cara Delevingne, Danielle Valentine, Hulu's, Murphy, Anna, Roberts Organizations: Business, FX, Hulu, Disney, ESPN, AHS, Disney Plus, Glee Locations: Roanoke, Hulu
Dominic Burgess plays Hamish MossHamish is the director of Anna's movie "The Auteur." One of his best-known roles was in Murphy's 2017 series "Feud: Bette and Joan," where he played closeted gay actor Victor Buono. He also played the serial killer John Wayne Gacy in Murphy's 2022 Netflix series "Dahmer — Monster: The Jeffrey Dahmer Story," and had a small role in "American Horror Story" season eight. In "Delicate," he plays Hamish Moss, the director of Anna's award-winning movie "The Auteur." As Hamish recounts, Siobhan gave him the script with no explanation and told him he had to make the movie specifically with Anna.
Persons: Dominic Burgess, Hamish Moss Hamish, Steve Granitz, who's, Who, Bette, Joan, Victor Buono, John Wayne Gacy, Dahmer, Jeffrey Dahmer, Hamish Moss, Anna's, Siobhan, Hamish, Anna
Read previewFans of "American Horror Story" won't have to wait much longer for the show to return. Here's a refresher on what to know about "AHS: Delicate" before it returns. 'AHS: Delicate' is based on a bookKardashian plays Roberts' publicist on "AHS: Delicate." Eric Liebowitz/FXIn a series first, "AHS: Delicate" is based (at least in part) on a novel: "Delicate Condition" by Danielle Valentine. Kim Kardashian, who's new to the "American Horror Story" ensemble, also has a major role as Siobhan Corbyn, Anna's best friend and publicist.
Persons: , Ryan Murphy, Emma Roberts, Billie Lourd, Denis O'Hare, Kim Kardashian, Kardashian, Roberts, Eric Liebowitz, Danielle Valentine, Valentine, she's, Anna Alcott, Andrea Bartz, Halley Feiffer, Feiffer, Murphy, Cara Delevingne, Anna, Siobhan Corbyn, Anna's, Dex, Matt Czuchry, Hill, who's, Leslie Grossman, Siobhan, Anna —, It's, He's, Adeline —, Sonia Shawcross, Adeline, Ms, Preecher, Cora, Delevingne, Ivy, Dex's, Virginia Harding, She's, Mary I of England Organizations: Service, Business, AHS, Entertainment, Hollywood, SAG, Hulu Locations: Virginia
Dollar ascendant as Fed cut bets pared, jawboning props up yen
  + stars: | 2024-04-02 | by ( ) www.cnbc.com   time to read: +3 min
The U.S. dollar hovered near a 4-1/2-month high against major peers on Tuesday as traders rushed to push back bets for the Federal Reserve's first interest rate cut this year. The U.S. dollar hovered near a 4-1/2-month high against major peers on Tuesday as traders rushed to push back bets for the Federal Reserve's first interest rate cut this year. The U.S. rate futures market now factors in 61.3% odds of a Fed rate cut in June, down from about 70.1% probability a week ago, according to the CME's FedWatch tool. The Japanese yen firmed slightly on Tuesday to 151.565 per dollar, after dipping to 151.77 the previous day. Japanese authorities intervened in 2022 when the yen slid toward a 32-year low of 152 to the dollar.
Persons: , Richard Franulovich, Sterling, Shunichi Suzuki, Westpac's, skidding, cryptocurrency bitcoin Organizations: U.S, Federal, Treasury, Bank of Japan's Locations: U.S, Japan
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