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Gold slips as dollar firms, traders brood on rate cut timing
  + stars: | 2024-05-08 | by ( ) www.cnbc.com   time to read: +2 min
Spot gold was down 0.1% at $2,311.07 per ounce as of 0235 GMT. The dollar index rose 0.1%, making greenback-priced gold more expensive for other currency holders. If the upcoming reports show scary inflation, then the Fed can't cut rates and it will pressure gold, he added. Bullion is used as a hedge against inflation, but higher rates reduce the appeal of holding the non-yielding asset. Markets are currently seeing a 65% chance of a U.S. rate cut in September, as per CME's FedWatch Tool.
Persons: Ilya Spivak, Neel Kashkari, Spivak Organizations: University of, Minneapolis Locations: U.S, China's, China
The website helps facilitate accommodation exchanges between 150,000 users in 145 countries. Then HomeExchange sent me an offer, and I said to my husband, "Shall we give it a go?" The way it works is you subscribe to the website, make a profile, and list your home. We've stayed in places in Australia that are totally off the grid in conservation areas that don't have electricity. I think we've saved well over £100,000 using HomeExchange.
Persons: Julie Williams, HomeExchange, We've, That's, we've, John, I've, Martin, Mia, Monkey Mia, I'm Organizations: Service, NASA Locations: Devon, England, HomeExchange, Italy, Australia, New Zealand, Caribbean, St, Rarotonga, Cook Islands, Tasmania, Singapore, Nevis, Cook, Bali, Hong Kong, Ireland, France, Germany, Switzerland, Denmark, Belgium, Holland, Western Australia
His wife, a teacher, had been to China before and realized she could get a visa to teach at an international school there and bring Scott along. The school that hired her also hired Scott, and the two put their lives in the US on hold and relocated to China. His wife got a job as a teacher at an international school, and the two moved to China on her visa. Related storiesBefore moving to China, the couple paid $1,900 a month in rent in Arizona. He said their internet bill was $130 a month, their cellphone bill was $70, and their electricity bill was $100.
Persons: Scott Vleeschouwer, weren't, Scott, Vleeschouwer, it's, they've, China Vleeschouwer, DiDi —, He's, they're Organizations: Service, China's, Business Locations: China, Shenzhen, Maryland, Roanoke , Virginia, San Antonio, Phoenix, Mexico, Beijing, Shanghai, India, Hong Kong, Philippines, Indonesia, Kenya, Southeast Asia, Arizona, They've
While Mr. Kennedy is unlikely to win the Republican-dominated state, his addition to the presidential race in Texas could have an unintended and unexpected consequence: lending a hand to the Democratic challenger seeking to unseat Senator Ted Cruz. For weeks, the Cruz campaign has been privately expressing concern, seeing Mr. Kennedy as perhaps the biggest wild card in a race that Mr. Cruz had hoped to comfortably win. Texas has favored Mr. Trump in the last two elections, winning about 52 percent of the state’s vote in 2020. But a three-way race in November could upset that balance by bringing more voters to the polls who dislike both Mr. Trump and President Biden. More of those voters appear to also dislike Mr. Cruz, a two-term incumbent with nearly universal name recognition in Texas.
Persons: Robert F, Kennedy Jr, Kennedy, Ted Cruz, Cruz, Trump, Biden, Mr Organizations: Republican, Democratic, Texas Locations: Texas
Russell Brand confirmed that Bear Grylls was involved in his baptism in the River Thames. Grylls told the Daily Mail that it was a "privilege" to be with Brand during his baptism. In 2023, Brand was accused of sexual abuse by multiple women. AdvertisementMultiple women have accused Brand of sexual abuse and rape in the past. In September 2023, four women accused him of sexual assault in a joint investigation by several British media outlets.
Persons: Russell Brand, Bear Grylls, Grylls, Brand, , Russell Brand's, Joe, Jordan, Jesus, Arthur Organizations: Daily Mail, Service, Daily, Prospect Magazine, YouTube Locations: Bethany
Macron Adds a Personal Touch to His Diplomacy With China
  + stars: | 2024-05-07 | by ( Roger Cohen | ) www.nytimes.com   time to read: +1 min
The French president, Emmanuel Macron, who believes that a personal touch is the key to diplomacy, lured President Xi Jinping of China to a 7,000-foot pass in the Pyrenees on Tuesday, expecting to show off the sweeping views that had stamped his childhood, but instead finding dense fog and wild snow flurries. It was a long, slippery road up the mountain, under torrential rain, but that didn’t stop crowds of Chinese admirers with red flags and pennants from gathering in almost every village along the way, miraculously transposed to a remote area of southwestern France and seemingly uniform in their enthusiasm. Undeterred, but running two hours late, Mr. Macron greeted Mr. Xi under an umbrella at one of his favorite restaurants, “L’Auberge du Berger,” or the “Shepherd’s Stop,” where dancers in colorful local dress twirled and jigged to the sounds of a flute, an accordion and a tom-tom. Mr. Xi was impassive, but his wife, Peng Liyuan, smiled broadly and applauded. Using the familiar “tu” form to address Mr. Xi, 70, rather than the formal “vous” that would have been more customary between heads of state, Mr. Macron, 46, offered the Chinese leader a yellow jersey signed by last year’s Tour de France winner, Jonas Vingegaard, a Danish cyclist.
Persons: Emmanuel Macron, Xi Jinping, Macron, Xi, L’Auberge du Berger, , Peng Liyuan, Jonas Vingegaard Organizations: de France Locations: China, Pyrenees, France, Danish
CNN —Earth’s magnetic field plays a key role in making our planet habitable. However, Earth’s magnetic field almost collapsed 591 million years ago, and this change, paradoxically, may have played a pivotal role in the blossoming of complex life, new research has found. The discovery of the sustained weakening of Earth’s magnetic field also helped resolve an enduring geological mystery about when Earth’s solid inner core formed. Shuhai Xiao/Virginia TechUncovering the magnetic field’s near collapseThe intensity of Earth’s magnetic field is known to fluctuate over time, and crystals preserved in rock contain tiny magnetic particles that lock in a record of the intensity of Earth’s magnetic field. The research on the intensity of Earth’s magnetic field suggests that the age of Earth’s inner core is on the younger end of that timescale, solidifying after 565 million years ago and allowing Earth’s magnetic shield to bounce back.
Persons: , , John Tarduno, Xiao, Tarduno, Shuhai Xiao, ” Tarduno, Peter Driscoll, wasn’t, ” Driscoll Organizations: CNN, University of Rochester, Environment, Virginia Tech, Laboratory, Carnegie Institution for Science Locations: New York, South Australia, Virginia, Quebec, Brazil, South Africa, Washington ,, Newfoundland, Canada
CNN —Capping off a weekend of photo finishes, Kyle Larson won NASCAR’s AdventHealth 400 by a staggering 0.001 seconds in Kansas on Sunday. The RFK team could be seen on the broadcast jubilantly celebrating before the official result was finalized. Eventually, Hendrick Motorsports’ Larson was declared winner in the closest finish in NASCAR Cup Series history, per NASCAR. “I didn’t know if I won or not, I was pumped for the finish,” Larson added as he explained his spotter said it was a second-place finish before celebrating wildly down the radio when he found out Larson had won. I haven’t seen a replay other than just a picture and I sure can’t see it in that picture,” a dejected Buescher told FS1.
Persons: Kyle Larson, NASCAR’s, Mystik Dan, Larson, Chris Buescher, Buescher, ’ Larson, ” Larson, Logan Riely, , , FS1, ” Buescher Organizations: CNN, Kentucky Derby, Roush Fenway, Racing, RFK Racing, RFK, Hendrick, NASCAR Locations: Kansas
The question, directed towards women, seems simple: Would you rather be alone in the woods with a man or a bear? When asked why they would pick the bear, women all give some iteration of the same answer: With a bear, they know what the dangers are. A lot of detractors also seem to be misunderstanding the definition of a hypothetical question. TikTok creator and anti-misogynist educator Call Me BK, who claims to have started the current man vs. bear debate, said he didn’t even consider the question to be hypothetical. However, some positive comments have argued that the question isn’t meant to lambaste men or pick apart the potential danger of a bear encounter.
Persons: there’s, It’s, , , TikToker, didn’t, ” “, commenter Organizations: CNN, United Nations, BK Locations:
Warren Buffett's Berkshire Hathaway should buy Tesla stock, according to Elon Musk. Detailed below is why Warren Buffett probably won't invest in Tesla, despite the encouragement. AdvertisementWarren Buffett should buy Tesla stock, according to Elon Musk. Related storiesBut Musk's dream of Berkshire Hathaway giving Tesla its stamp of approval and buying the stock is probably never going to happen. This isn't the first time Musk suggested Berkshire Hathaway should invest in Tesla.
Persons: Warren, Berkshire Hathaway, Elon Musk, Musk, Buffett, Warren Buffett, , Charlie Munger, Munger, Charlie, you've, they're Organizations: Service, Apple, Berkshire, Berkshire Hathaway's Locations: Tesla, Berkshire, BYD
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. A month earlier, on the opposite coast in downtown Manhattan, FTX's Sam Bankman-Fried received a 25-year prison sentence for his crimes. At the beginning of his trial, SBF sported a fresh haircut and wore suits, but by its end, his curls were wild again. Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. watch nowMoney makes all the differenceUnlike SBF, CZ didn't have his wealth wiped out by bankruptcy of the crypto company he founded.
Persons: Sam Bankman, Zhao Changpeng, Mike Segar, Benjamin Girette, Changpeng Zhao, FTX's Sam Bankman, Fried, Zhao, Binance's Zhao, FTX's, Toyotas, Braden Perry, Perry, Manfred, SBF, Michael Lewis, Lewis, Sam didn't, Amr Alfiky, Sam, Caroline Ellison, , Zhao's, Yi He, Binance, David Ryder, Yang, Rachel Zhao, Yesha Yadav, Yadav, Mark Bini, Lewis Kaplan, Bankman, Kaplan, perjured, Neama Rahmani, Rahmani, Tre Lovell, Zhao hasn't, Lovell, weren't, FTX Organizations: Reuters, Bloomberg, Getty, Department of Justice, CFTC, Stanford University's, Bankman, CZ, Staff, Reuters Prosecutors, Alameda Research, Vanderbilt University, Wall Street, CNBC, FTX, Emergency Economic, Justice Department, DOJ Locations: Seattle, Manhattan, California, Hong Kong, Bahamas, Palo Alto, U.S, New York City, Alameda, Seattle , Washington, Paris, France, Angeles, Binance, Dubai, Delaware
A core demand over by the pro-Palestinian student groups at Columbia University was for the school to withdraw investment funds from what they describe as companies profiting from Israel’s war in Gaza. The group has described those companies as profiting “from Israeli apartheid, genocide, and military occupation of Palestine.” Israel denies accusations of genocide. Columbia now lists five areas where it refrains from investing: tobacco, private prison operations, thermal coal, Sudan and fossil fuels — all decisions made in the past decade. Columbia was also the first Ivy League university to divest from South Africa, and various other colleges followed suit. In 2015, Columbia became the first US university to divest from private prison companies after a student campaign raising concerns about human rights abuses.
Persons: ” Israel Organizations: Columbia University, Columbia, Ivy League, Columbia’s, Trustees Locations: Gaza, Palestine, Columbia, Sudan, South Africa
This post originally appeared in the Insider Today newsletter. 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 . On the agenda:But first: Get in, we're going to the Met Gala. An aerial shot shows Jared Leto on the red carpet at the 2023 Met Gala.
Persons: , Jared Leto, Neilson Barnard, MG23, Anna Wintour, Bunny, Jennifer Lopez, Chris Hemsworth, Shou Zi Chew, I'm, Yulia Reznikov, everyone's, Morimoto, Chris Burnett, hasn't, they're, Tyler Le, Anne Hathaway's sizzling, Jerry Seinfeld Organizations: Business, Service, Disney, Victoria & Alberts, Metropolitan Museum, Art's Costume, Vogue, Costume Institute, Social, BI, HGTV, Netflix Locations: Epcot, Victoria, Scottsdale , Arizona, Scottsdale Scottsdale , Arizona, Scottsdale, Michigan
Top Gear tested the Cybertruck camping set up, which starts at nearly $3,000. A rooftop tent on the Rivian R1T seemed a lot quicker and easier to set up. They also brought along a Rivian R1T outfitted with a more standard rooftop tent to compare. Top Gear's head of car testing, Ollie Marriage, showed up with the Rivian R1T and a fairly standard rooftop tent. AdvertisementTop Gear noted plenty of cool things about the Cybertruck camping setup, including how well-integrated the whole design was.
Persons: Tesla's Cybertruck, , it's, Tesla, Jack Rix, Rix, Ollie Marriage, Rivian Organizations: Gear, Service, British, YouTube, Business Locations: Johnson Valley, Southern California
While high mortgage rates didn't bring prices down, steep insurance costs could put a lid on further appreciation. But there's an under-the-radar factor that could soon pull down home prices nationally, real estate experts told Business Insider — soaring home insurance costs. AdvertisementThe insurance costs usually come as a surprise to home buyers in those areas, Fairweather added. To Fairweather, it's more precise to say the rising insurance will make home values grow more slowly than they would have, as the robust demand still characterizes the current market. We take into account prices and mortgage rates and now rising insurance costs, but there's still people wanting to buy homes," she said.
Persons: , Zillow, FRED, Daryl Fairweather, Fairweather, Danielle Hale, Hale, Jesse Keenan, Keenan, it's, homeownership, there's Organizations: Service, Business, Tulane University Locations: Florida, Texas, West, Louisiana
Max is the first AI contestant on "The Circle" — he's literally a chatbot. Max is pretty boring, but having an AI in the game turned it into a robot witch hunt. But bringing an AI player into the mix reflects some of the future online trials we're likely to face — and some that are already happening. Netflix"The Circle's" AI player is Max, a chatbot masquerading as a 26-year-old veterinary intern from Wisconsin who describes himself as an "animal whisperer with a knack for making bad pottery, no cap." AdvertisementMaybe the funniest part about Max is that they gave him his own apartment, complete with throw pillows of his human face.
Persons: Max, , Asimov, Lauren doesn't, He's, Griffin James, who's, Pippa, Steffi, Stephanie, Hill, OpenAI, Alistair Barr, Katie Notopoulos, I'm, Myles Organizations: Service, Netflix, Washington Post Locations: British, Wisconsin
I’ve never really understood why people enjoy eating chicken. Like the frenzy of people crowding Chick-fil-A or Popeyes when a limited-edition chicken sandwich goes on sale, as if it were the latest iPhone release. Or the fact that there’s something called the “chicken sandwich wars,” which could return in 2024 — thanks in part to the recent limited release of two new McDonald’s crispy chicken sandwiches. Compared to the aroma of freshly baked bread or the sizzle of bacon — scents that beckon me closer — the fried chicken smell is like an unwelcome intrusion. Why exactly do you enjoy eating chicken?
Persons: CNN —, I’d, , Shannon Stapleton, chow, Homer Simpson, I’ve, Michael Nagle, ” I’m, I’m Organizations: CNN, Reuters, Bloomberg, Getty Locations: Louisiana, New York City, New York, South Africa
The likely reason your résumé got rejected
  + stars: | 2024-05-04 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +5 min
Although the recent grad didn't have tech experience, to Weaver, he'd shown longevity with a company and a desire to take on more responsibility. "The ATS doesn't care. "They don't have time to really parse through a résumé and think if someone may or may not be a fit. Weaver said taking these steps makes it less likely that a résumé will be set aside when a recruiter sorts for certain attributes. Don't fear the etherIt's understandable why people would stress over whether an ATS would block their résumé.
Persons: , Melissa Weaver, He'd, Weaver, he'd, it's, Mark Jensen, Jensen, Aaron Cleavinger, Cleavinger, you'd Organizations: Service, Business, ATS, Fortune, People, Murdoch
In one lunar region, Japan’s “Moon Sniper” mission has beaten the odds and survived three long, frigid lunar nights since its sideways landing on January 19. The Tianwen-2 mission will visit the space rock later this decade. But first, China has set its sights on returning to the moon’s “hidden side.”An illustration depicts the far side of the moon, with Earth behind it. Since the Chang’e 4 mission in 2019, China remains the only country to have landed on the moon’s far side, sometimes called the “dark side” of the moon. Scientists hope that returning samples from the far side could solve some of the biggest remaining lunar mysteries, including the moon’s true origin.
Persons: Graziano Ranocchia, Ranocchia, Plato, Emma Pomeroy, “ She’s, , Pomeroy, Armas Rakus, Suni Williams, Butch Wilmore, Kevin Bacon, Ashley Strickland, Katie Hunt Organizations: CNN, Engineers, Japan Aerospace Exploration Agency, NASA, Apollo, Platonic Academy of Athens, University of Pisa, Netflix, University of Cambridge, Norton Disney, Archaeology Group, Roman, International Space, CNN Space, Science Locations: China, Kurdistan, Gunung Leuser, South Aceh, Indonesia, Morocco
My brother and I were raised by our grandparents, who had a different last name than we did. When he decided he wanted to change his last name to theirs, I didn't understand at first. My grandparents raised me and my brother, Jamie. AdvertisementI didn't understand when my brother took my grandparents' last nameThe name belonged to the step-grandfather raising us alongside our biological maternal grandmother, and was of Irish origin. Nicole Johnson didn't understand at first why her brother Jamie would want to have the same last name as his grandparents.
Persons: , Jamie, Douglas, Nicole Johnson, Nicole Johnson Ugh, Nicole, overdosed, she'd, Nicole Johnson didn't, I'd, Johansson, Johnson Organizations: Service Locations: California, Boston
They believe it was caused by a neighboring male in what's known as a "long call battle," Laumer told Business Insider. Adult male orangutans like Rakus shout out "long calls" to attract females and let rival males know that this is their territory. Rakus may have unintentionally touched his leaf-mush-covered finger to his face, and instantly felt the pain-relieving properties of the plant, Laumer explained. But, because this is the first time this behavior has ever been observed in orangutans, scientists can't say for sure why or how Rakus did it. More alike than we are differentRakus's behavior reminds us a lot of our own behavior with medicinal plants, which could help us understand where our knack for medicinal treatment first evolved.
Persons: , Caroline Schuppli, Isabelle Laumer, Laumer, Rakus, liana, Akar, Saidi, seng chye teo Organizations: Service, Institute of Animal, Business, Suaq Locations: Gunung Leuser, South Aceh, Indonesia, Gabon
HGTV's new show "Zillow Gone Wild" premieres May 3rd. AdvertisementHost Jack McBrayer tours one "Zillow Gone Wild" home with its owner Tracy Turco. Zillow Gone Wild is now driven by mostly user submissions, its founder tells BI. The "Pink Palace" is one home featured on HGTV's new show "Zillow Gone Wild." "Zillow Gone Wild" airs 10:30 p.m. on Fridays on HGTV and is streaming on Max.
Persons: , Jack McBrayer, Kenneth, Tracy Turco, Samir Mezrahi, Mezrahi, perusing, Dan Latu, Magda Gabor, Gabor, glamor, McBrayer Organizations: Service, HGTV, NBC, Hollywood Regency, Hollywood, Max Locations: Instagram, North Carolina, California, Palm Springs, Hollywood, Florida
Chris Pine said that "The Princess Diaries 2" was a major turning point in his career. The actor said that he had overdrafted his bank account before learning he would be paid $65,000. AdvertisementIf you would describe "The Princess Diaries 2: Royal Engagement" as an "earth-shattering," life-changing film, you're not alone — Chris Pine would say the same, but for likely different reasons. With a Shonda Rhimes-penned screenplay, it's delightful — and if we're lucky, maybe we'll get a "Princess Diaries 3." Pine told Geist in the preview clip that he felt like booking the film represented the moment when he truly "started working."
Persons: Chris Pine, Pine, he'll, , Willie Geist, I'd, Anne Hathaway, Mia Thermopolis, she's, Queen Clarice, Julie Andrews, Mia, Geist Organizations: Service, Verizon
Check out new shows like "A Man in Full" and "The Veil" this weekend. Anne Hathaway's new movie and Jerry Seinfeld's "Unfrosted" 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 . AdvertisementWhether you're looking for something sexy, goofy, or serious, there are plenty of options for what to watch this weekend.
Persons: Anne Hathaway's, Jerry Seinfeld's, There's, Organizations: Service, Business
Daring, wild, and over-the-top designs are a key part of Met Gala fashion. In 2023, Leto arrived at the Met in a full-body catsuit in homage to Karl Lagerfeld's cat. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe Met Gala is one of the most outrageous fashion events of the year thanks to its elaborate themes and corresponding dress codes. Ahead of this year's Met Gala on Monday, May 6, here's a look back at 60 of the most outrageous looks celebrities have worn to fashion's biggest night.
Persons: Jared Leto, Rihanna, Kim Kardashian, Leto, Karl Lagerfeld's, Organizations: Met, Service
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