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☆ Dollar steady as PCE data sets up June rate cut bets; yen in focus
▼ + stars: | 2024-04-01 | by ( ) www.cnbc.com time to read: +3 min

The dollar was broadly steady on Monday as data showing easing U.S. prices bolstered bets that the Federal Reserve could cut interest rates in June, while the yen loitered near 152 per dollar keeping traders on edge on the threat of intervention. The dollar was broadly steady on Monday as data showing easing U.S. prices bolstered bets that the Federal Reserve could cut interest rates in June, while the yen loitered near 152 per dollar keeping traders on edge on the threat of intervention. The report also showed consumer spending rising by the most in just over a year last month, underscoring the economy's resilience. The yen touched a 34-year low against the dollar of 151.975 on Wednesday and was last at 151.315 per dollar, a shade stronger, on Monday. In other currencies, the Australian dollar rose 0.21% to $0.654, while the New Zealand dollar was 0.20% higher at $0.599.

Persons: Jerome Powell, Sterling, Shunichi Suzuki, bitcoin Organizations: Federal, Commerce Department's, Reuters, Traders, Citi, Japan, Bank of Japan, Ministry of Finance, Financial Services Agency, New Zealand Locations: Japan

☆ Heat Waves Are Moving Slower and Staying Longer, Study Finds
▼ + stars: | 2024-03-29 | by ( Delger Erdenesanaa | ) www.nytimes.com time to read: +1 min

As climate change warms the planet, heat waves are increasingly moving sluggishly and lasting longer, according to a study published on Friday. Each decade between 1979 and 2020, the rate at which heat waves travel, pushed along by air circulation, slowed by about 5 miles per day, the study found. Heat waves also now last about four days longer on average. The longer heat waves stick around in one place, the longer people are exposed to life-threatening temperatures. Heat waves also dry out soil and vegetation, harming crops and raising the risk of wildfires.

Persons: ”, Wei Zhang Organizations: Utah State University

But French military technicians riding farther back in the aircraft, monitoring screens that display the word "secret" when idle, have a far more penetrating view. “We can detect aircraft, we can detect UAVs, we can detect missiles and we can detect ships. The Russian aircraft also seemingly spotted the French AWACS: Sensors along the fuselage picked up Russian radar signals. Able to fly for 12 hours without refueling, French AWACS aren't limited to surveillance, communications and air-traffic control missions for NATO. It says allied aircraft took to the skies more than 500 times in 2022 to intercept Russian aircraft that ventured close to NATO airspace.

Persons: Russia's, —, Richard, ”, Major Romain, “, snoop, Justin Bronk, ” Bronk Organizations: AIR FORCE, Associated Press, AP, NATO, AWACS, Boeing, Sensors, THE, Paris, U.S . Air Force, Royal United Services Institute, Russian Locations: Ukraine, Romania, France, Romanian, Russian, Crimea, NATO, Russia, ”, Azov, Poland, Europe, U.S, London, Brussels, russia, ukraine

HENRICO, Va. (AP) — Susanna Gibson lost her Virginia legislative race this month, but she may not be done with politics. But that is my plan.”Gibson said she had no idea the videos existed until they were brought to her attention by reporters. “What is newsworthy is abortion rights are on the line in Virginia,” she said. She won a competitive June primary and centered her message to voters on protecting abortion rights as the state's Republican governor, Glenn Youngkin, pledged to enact stricter limits. Abortion rights groups and a leading LGBTQ+ advocacy group continued to support her campaign.

Persons: — Susanna Gibson, Gibson, I’m, ” Gibson, —, Daniel Watkins, ”, ” Ken Nunnenkamp, Roe, Wade, Glenn Youngkin, “, loitered, Louise Lucas, Gibson's, Han Jones, David Owen, Terry McAuliffe, Watkins, she's, Virginia’s, Mary Anne Franks, Franks, Matthew Barakat Organizations: Associated Press, Republican Party of Virginia, University of Virginia, Columbia University, Republican, Democratic Party, Virginia, District, Democratic, FBI, George Washington University Law School Locations: HENRICO, Va, Virginia, Henrico

That was the vision of Joan Kroc, billionaire philanthropist and heiress to the McDonald’s fortune of her husband, Ray. And today, 20 years later, 26 grand, state-of-the-art Kroc centers have opened in places as varied as Ashland, Ohio; Guayama, Puerto Rico; and Quincy, Illinois. Half was to be earmarked for the construction of recreation centers, with the other half deposited into endowments to support them. In the two decades since Kroc’s bequest, quantifying the precise impact on all of the communities served by the Kroc centers is difficult. She explained that Joan Kroc meant for the place to be accessible to all — that beauty was part of her plan.

Persons: Joan Kroc, Ray, Army didn’t, Joan Kroc’s, MacKenzie Scott, Kroc, revved, she’d, Ronald McDonald, MacKenzie, Phil Buchanan, Scott, ”, “, that’s, Angelia Grandberry, Grandberry, Lisa Napoli, Joan Organizations: Salvation Army, Phoenix Kroc, Army, baseball’s San Diego Padres, San, National Hockey League, Catholic, Notre Dame, University of San, Ronald McDonald House Charities, National Public Radio, Center, Coast Kroc, Associated Press Locations: Ashland , Ohio, Puerto Rico, Quincy , Illinois, Boston, Augusta , Georgia, San Francisco, U.S, Southern California, baseball’s, St, Paul , Minnesota, San Diego, University of San Diego, Biloxi , Mississippi

☆ Israel-Hamas war: What are the US MQ-9 Reaper drones that have been flying over Gaza?
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +3 min

A U.S. Air Force MQ-9 Reaper drone sits in a hanger at Amari Air Base, Estonia, July 1, 2020. Below is a description of the MQ-9 drone based on information from the Air Force and its maker, General Atomics. The Reaper, which entered service with the U.S. Air Force 16 years ago, can be equipped with weapons such as air-to-ground missiles. MQ-9s have also been bought by the U.S. Department of Homeland Security, NASA, the UK Royal Air Force, the Italian Air Force, the French Air Force and the Spanish Air Force. According the U.S. Air Force, four MQ-9 aircraft with sensors, a ground control station and a satellite link cost about $56.5 million.

Persons: Janis Laizans, Atomics, Amelia Smith, Chris Sanders, Mike Stone, Gerry Doyle, Nick Macfie Organizations: U.S . Air Force, Base, U.S, REUTERS, Reuters, Air Force, WHO, Honeywell, U.S . Department of Homeland Security, NASA, Royal Air Force, Italian Air Force, French Air Force, Spanish Air Force, New York Times, Thomson Locations: Estonia, Baltics, Gaza, United States, GAZA, U.S

The U.S. military is flying surveillance drones over the Gaza Strip, according to two Defense Department officials and an analysis by The New York Times. The officials said the drones were being used to aid in hostage recovery efforts, indicating that the U.S. is more involved than previously known. While Israel frequently conducts reconnaissance flights over Gaza, U.S. defense officials said it was believed to be the first time that U.S. drones have flown missions over Gaza. The unarmed surveillance flights are not supporting Israeli military operations on the ground, according to the Defense Department officials. But the surveillance flights suggest that the Pentagon is taking a more active role in a key I.D.F.

Persons: Amelia Smith, Smith loitered Organizations: U.S, Defense Department, The New York Times, U.S . Special Operations, Pentagon, Hamas, Israel Defense Forces, American, The Times, U.S . Air Force’s Locations: Gaza, U.S, Israel, Gaza , U.S, Iraq, Afghanistan, Syria

☆ Russia moved one of its satellites uncomfortably close to a French one, possibly to spy on it: report
▼ + stars: | 2023-10-25 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +3 min

Russia moved close to a satellite which some think is Eutelsat's 3B craft, analysts said. It follows a pattern of Russian behavior in space that has prompted security concerns. AdvertisementAdvertisementRussia moved one of its satellites uncomfortably close to France's Eutelsat 3B communications satellite, possibly to spy on it, according to reports. AdvertisementAdvertisementEutelsat's 3B satellite provides broadband, data, telecom, and video services across Europe, Africa, the Middle East, Central Asia, and South America. Luch-5-X/Olymp K-2 isn't close enough to crash into the unnamed commercial satellite.

Persons: —, Audrey Schaffer, TJ Kouri, Schaffer, it's, spacenews.com, Olymp, Michael Clont Organizations: Service, intel, Aerospace, Breaking Defense, Airbus, National Security Council, Analysts, Intelsat, Strategic International, Space Locations: Russia, Russian, France, Europe, Africa, East, Central Asia, South America, Eutelsat's, Ukraine

☆ Dollar hovers near two-month high, yen near 146/dlr
▼ + stars: | 2023-08-23 | by ( Ankur Banerjee | ) www.reuters.com time to read: +3 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The dollar index , which measures the U.S. currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. The index is up 1.6% in August and is on course to snap its two-month losing streak. The Australian dollar rose 0.40% to $0.645, while the New Zealand dollar rose 0.29% to $0.596. In cryptocurrencies, bitcoin last rose 0.77% to $26,049, having touched two-month low of $25,350 overnight.

Persons: Florence Lo, Christopher Wong, Jerome Powell's, Wong, Thomas Barkin, Saira Malik, Atsushi Takeuchi, Fumio, Takeuchi, bitcoin, Ankur Banerjee, Christopher Cushing Organizations: U.S, REUTERS, Rights, Federal Reserve, Richmond Fed, Nuveen, Bank of, New Zealand, Thomson Locations: , Wyoming, OCBC, Singapore, U.S, tenterhooks, Tokyo, Japan

☆ Dollar hovers near two-month high, yen near 146 per dollar
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: +3 min

Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. The U.S. dollar perched near a two-month peak on Wednesday as investors looked to the Federal Reserve chair's speech this week for cues on the path of monetary policy, while the yen loitered near 146 a dollar, keeping traders guessing on any intervention. The dollar index , which measures the U.S. currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. In cryptocurrencies, bitcoin last rose 0.77% to $26,049, having touched two-month low of $25,350 overnight.

Persons: Christopher Wong, Jerome Powell's, Wong, Thomas Barkin, Saira Malik, Atsushi Takeuchi, Fumio, Takeuchi, bitcoin Organizations: U.S, The U.S, Federal Reserve, Richmond Fed, Nuveen, Bank of, New Zealand Locations: Tokyo, Japan, The, , Wyoming, OCBC, Singapore, U.S, tenterhooks

☆ History and a Skatepark Burned in St. Louis, but Community Remains - The New York Times
▼ + stars: | 2023-08-17 | by ( Rachel Chapman | ) www.nytimes.com time to read: +1 min

I found out that our place of worship was burning around 2 a.m. Back when we were still St. Louis kids, and before we had kids of our own, my friends talked about turning the long-abandoned Catholic church into a skatepark. We sat in piles of wrists and legs and hormones to claim our space on the concrete. For over a decade, I chased achievement elsewhere: New York City, Los Angeles, Boston. But it was in returning home that I became a part of building something increasingly rare and meaningful: a community.

Persons: Louis Organizations: Shell Locations: New York City, Los Angeles, Boston

☆ U.S. officials address mounting tensions between U.S. and China during Munich Security Conference
▼ + stars: | 2023-02-19 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

The officials met on the margins of the Munich Security Conference, where leaders from around the world gathered to discuss geopolitical challenges. Blinken said he thinks other countries "appreciate" the fact that the United States has "exposed" China's balloon program. He told NBC there are "various kinds" of lethal aid that China is considering providing, including weapons. Blinken said China has already been aiding Russia in more diplomatic ways, but that sending lethal aid would be a significant escalation. Sen. Lindsey Graham, R-S.C., also appeared at the Munich Security Conference, and he told ABC that if China does provide Russia with lethal aid, the world needs to "come down hard" on China.

The United States operates a military base and nuclear missile silos in Montana, a state bordering Idaho. Military officials developed a plan to shoot down the balloon on Wednesday as it flew over Montana. BALLOON MANEUVERSThe U.S. government has declined to say which sites the Chinese balloon surveyed. On Friday, the Pentagon said it expected the balloon to keep flying over the United States for several more days. "That will make it fairly easy, actually," a military official said of the recovery operation in the Atlantic.

☆ The US Navy spent 4 weeks blasting one of its aircraft carriers to figure out how to keep enemies from sinking them
▼ + stars: | 2022-12-08 | by ( Harrison Kass | ) www.businessinsider.com time to read: +7 min

In May 2005, the US Navy sank the decommissioned aircraft carrier America in the Atlantic Ocean. The USS America (CV-66) was one of three Kitty Hawk-class carriers built in the 1960s. Building the USS America of the Kitty Hawk-classUSS America in the Indian Ocean on April 24, 1983. The career of the USS AmericaA U-2 reconnaissance aircraft on the flight deck of the aircraft carrier USS America. A declassified image of USS America sinking after four weeks of live-fire weapons damage tests in May 2005.

☆ Cockatoos Are Getting Smarter. Should Humans Be Worried?
▼ + stars: | 2022-10-19 | by ( Mike Cherney | ) www.wsj.com time to read: 1 min

STANWELL PARK, Australia—Outside a local cafe, a sulphur-crested cockatoo perched on a garbage bin, trying to open the lid. Another loitered nearby, waiting to see if its companion found tasty morsels in the trash. The birds, a type of parrot that is native to Australia, were acting out a common scene in this beachside suburb. There was a lock on the bin, but it seemed either broken or not properly closed. Coffee cups littered the street.

☆ Judge rules that Texas AG who ran away from being served a subpoena won't have to testify in abortion lawsuit
▼ + stars: | 2022-09-27 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +2 min

Texas AG Ken Paxton ran away from being served a subpoena for an abortion access lawsuit. On Tuesday, a judge ruled that Paxton did not have to show up for a hearing on that lawsuit, CNN reported. In a motion, the judge said Paxton feared for his safety since the process server was "unidentifiable." "Top executive officials should not be called to testify absent extraordinary circumstances," the motion from Judge Robert Pitman said, CNN reported. The subpoenas required Paxton to testify at a hearing on Tuesday on a lawsuit filed by abortion rights groups.

☆ The Women Who Helped to Build the CIA
▼ + stars: | 2022-09-24 | by ( Nathalia Holt | ) www.wsj.com time to read: +1 min

Elizabeth Sudmeier loitered outside a cafe in Baghdad one day in early 1954, taking care not to draw attention to herself. Sudmeier, one of the female intelligence officers who helped start the CIA, had just stolen Soviet secrets. In her hands were the blueprints for the MiG-19 jet fighter, just gifted by Moscow to the Iraqis to gain favor in the region. After the war, the mission of Donovan’s Office of Strategic Services was broadened and handed to the new Central Intelligence Agency, which was created 75 years ago this month. Many operatives, including women first hired by Donovan, continued in their roles.

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