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☆ 3 of Wall Street's biggest banks share what's next for markets after the largest earnings surprise in years — and 25 top stocks to invest in for stable, long-term profit growth
▼ + stars: | 2024-05-02 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Large technology stocks have continued to be a key driver of earnings growth. Those calls are based on the firms' expectation that the economy will continue to grow despite uncomfortably high interest rates. Bullish firms concur that elevated interest rates are a serious concern for investors. "Should the outlook for earnings growth deteriorate, the recent stretch of quality outperformance will likely continue and also expand to include stocks with stable growth," Kostin wrote. Along with each is its ticker, market capitalization, sector, 2024 expected earnings growth rate, and 10-year EBITDA growth variability rate, according to Goldman Sachs.

Persons: Morgan Stanley, That's, Jonathan Golub, David Lefkowitz, Stocks, they've, Mike Wilson, Morgan, 19.3x, Goldman Sachs, David Kostin, Wilson, Kostin, Russell Organizations: UBS, Business, UBS Beats, UBS Global Wealth Management, Companies, Federal Reserve

NEW YORK (AP) — An attorney for a longtime advice columnist who won an $83.3 million defamation award against Donald Trump suggested Monday that a new defamation lawsuit was possible against the ex-president after he resumed verbal attacks against her at a weekend rally. “As we said after the last jury verdict, we continue to monitor every statement that Donald Trump makes about our client, E. Jean Carroll,” Kaplan said. Photos You Should See View All 60 Images“This woman is not a believable person,” Trump said Saturday. The trial judge instructed the jury that it was only to determine what damages, if any, Trump owed as a result of his 2019 statements. That jury, in awarding Carroll $5 million, also found that Trump defamed her with statements made in October 2022.

Persons: Donald Trump, Roberta Kaplan, E, Jean Carroll, ” Kaplan, didn't, ”, Carroll, Trump, Goodman, ” Trump, Democrat Trump, he'd, Al Capone, Bergdorf Goodman ”, “, Jill Covin Organizations: Republican, Trump Tower, Democrat, Trump, Carroll, Associated Locations: Rome, Georgia, Manhattan, New York, Washington

☆ Blame inflation if you're still helping your adult kids pay their bills, says 'Shark Tank' investor Kevin O'Leary
▼ + stars: | 2024-02-08 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMany young Americans are hitting up their parents for cash because they can't afford the basics following historic inflation, Kevin O'Leary said. A recent Pew survey found that 59% of parents with children aged 18 to 34 said they helped their kids financially. The O'Leary Ventures chairman, nicknamed "Mr Wonderful," underlined the painful impact of historic inflation in recent years. "This has been a particularly tough jolt" for young Americans over the last three years, O'Leary said.

Persons: —, Kevin O'Leary, O'Leary, " O'Leary, Chris Kempczinski, they've, they're Organizations: Service, Business, Fox News, O'Leary Ventures Locations: America

☆ 'Stocks can get whacked': A 44-year market veteran warned the S&P 500 could fall 28% as earnings and rate cuts disappoint — but these 6 investments will thrive anyway
▼ + stars: | 2024-02-07 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Strong earnings, or rate cuts? Instead of worrying about weak earnings growth and persistently high interest rates, investors are now counting on the opposite. Markets should cut their expectations by half and prepare for mid-single-digit profit growth and three to four rate cuts, Doll said. At that point, a flurry of rate cuts from the Fed wouldn't be enough to save stocks, the Crossmark CIO said. However, there are two mega-cap growth stocks that Doll is enamored with: Meta Platforms ( META ) and Microsoft ( MSFT ).

Persons: —, Bob Doll, Doll, who's, . Doll, they're, I'm Organizations: Service, Global Investments, Business, Federal Reserve, BlackRock, Consumer, Microsoft, IBM Locations: Nuveen, What's

☆ 8 stocks that can soar during a surprisingly strong Q4 earnings season, according to Morgan Stanley
▼ + stars: | 2024-01-26 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

Notably, Morgan Stanley is also calling for similarly solid growth this quarter despite a slew of negative revisions for fourth-quarter earnings in recent months. Post-earnings moves are top of mind for Morgan Stanley, which noted that they've been subdued throughout 2023. Its strategists are also eyeing corporate guidance and subsequent earnings revisions, which could determine whether analysts' pessimism will continue. Morgan Stanley's S&P 500 profit estimate of $229 is well below the market's projection of $243. 8 stocks that stand out nowA better-than-feared fourth-quarter earnings season will be especially friendly to eight companies that can surprise to the upside after reporting, according to Morgan Stanley.

Persons: Morgan Stanley, Michelle Weaver, they've, Weaver, Morgan Stanley's Organizations: Business, Bank of America, Western Digital

☆ 'A lot of ifs and leaps of faith': 7 investment chiefs and strategists break down earnings trends in what may be a make-or-break Q4, and 3 sectors to watch
▼ + stars: | 2024-01-19 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

Markets are closely monitoring Q4 earnings results, which began rolling out in mid-January, since they give much-needed clarity on the prior year while setting the tone for the year ahead. AdvertisementWhat to expect during the Q4 earnings seasonEarnings seasons often bring surprises, but there are also bankable bets. But we're going to be driven more by the macro, if we're excluding these mega-cap tech stocks." 3 sectors with boom-or-bust potentialWhile the strategists Business Insider spoke with didn't provide investing recommendations, several shared which sectors they're watching in Q4. Bianco believes the tech sector's earnings will rise over 20% this year.

Persons: —, Matt Stucky, Stucky, David Kelly, UBS Josh Jamner, That's, Jamner, Carol Schleif, Schleif, there's, Anthony Saglimbene, David Bianco, Saglimbene, Bianco, Brad Klapmeyer, Klapmeyer, " Bianco, Ameriprise's Saglimbene, BMO's Schleif, Indrani De, De, she's, he'd, that's Organizations: Service, Business, Northwestern Mutual Wealth Management, Asset Management, UBS, ClearBridge Investments, BMO Family Office, DWS, Macquarie Asset Management, FTSE Russell Locations: Americas

☆ Want to pick a winning retail stock this holiday season? Watch for discounts and deflation
▼ + stars: | 2023-11-22 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +9 min

However, he added, they remain more upbeat compared with last holiday season and should spend more on gifts this year. According to FactSet, analysts anticipate there could be upside of more than 20% ahead, based on average price targets. The e-commerce giant is JPMorgan analyst Doug Anmuth's top pick for the holiday season. "We project US e-comm penetration at 23.4% of adj retail sales this holiday season, +90bps above the 22.5% in 2022," he said. "We think beauty has the potential to be a relevant gifting solution for cash-strapped consumers during the upcoming Holiday season," he said.

Persons: Chad Lusk, Alvarez, Lusk, Martis, LSEG, Inna Kuznetsova, Doug Anmuth's, Doug McMillon, Krisztina Katai, Katai, Michael Lasser, Ulta, Lasser, ToolsGroup's Kuznetsova, Marsal's Lusk, Michael Bloom Organizations: Shoppers, CNBC, Walmart, Target, Retailers, Centric Market Intelligence, Amazon, LSEG, JPMorgan, Deutsche Bank, Costco, UBS, Fed, Black Locations: Lusk, Ulta, Wayfair, Williams, Sonoma

☆ Swiatek swats aside rival Sabalenka to reach WTA Finals title match
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

Tennis - WTA Finals - Cancun, Mexico - November 5, 2023 Poland's Iga Swiatek in action during her semi final match against Belarus' Aryna Sabalenka REUTERS/Henry Romero Acquire Licensing RightsNov 5 (Reuters) - Poland's Iga Swiatek knocked out rival Aryna Sabalenka 6-3 6-2 in the semi-final of the season-ending WTA Finals in Cancun on Sunday, putting the world number one ranking within her reach ahead of Monday's title match. The current number one Sabalenka ended Swiatek's WTA Finals campaign in the penultimate stage a year ago but lacked her usual lethal power in Cancun, as a flurry of forehand errors undermined her best efforts. The four-time major winner Swiatek wrested the momentum immediately when play resumed on Sunday, and broke Sabalenka's serve in the fourth game. The 22-year-old pumped her fists and cheered wildly as the Australian Open champion Sabalenka sent one into the net on match point. She faces a tough challenge against an in-form Pegula, who shredded the U.S. Open champion Coco Gauff 6-2 6-1 to reach the title match on Saturday.

Persons: Iga, Aryna Sabalenka, Henry Romero, Iga Swiatek, Aryna, Jessica Pegula, Swiatek, Sabalenka's, Sabalenka, I'm, Coco Gauff, Jessie, Amy Tennery, Pearl Josephine Nazare, Shri Navaratnam, Josie Kao, Raju Gopalakrishnan Organizations: Belarus, Aryna Sabalenka REUTERS, WTA, China, Swiatek, Montreal, Thomson Locations: Cancun, Mexico, U.S, Pegula, New York, Bengaluru

[1/2] Desmond Mills Jr. with attorney Blake Ballin stand as five former Memphis police officers who have been charged in the fatal beating of Tyre Nichols attend an arraignment hearing at Shelby County courthouse in Memphis, Tennessee, U.S., February 17, 2023. REUTERS/Karen Pulfer Focht/File Photo Acquire Licensing RightsNov 1 (Reuters) - One of the five former Memphis police officers charged in the death of Black motorist Tyre Nichols has asked a U.S. District Court judge to change his plea of not guilty in the federal civil rights case, court records showed on Wednesday. The Daily Memphian, citing an interview with Ballin, said the plea would affect the state case against him. The officers also face a federal civil suit filed by civil rights lawyer Ben Crump on behalf of the family. The other officers charged in the case are Demetrius Haley, Emmitt Martin III, Justin Smith and Tadarrius Bean.

Persons: Desmond Mills Jr, Blake Ballin, Tyre Nichols, Karen Pulfer Focht, Black, Mark Norris, Mills, Nichols, whacked, Ballin, Ben Crump, Demetrius Haley, Emmitt Martin III, Justin Smith, Tadarrius Bean, cuffed, Daniel Trotta, Bill Berkrot Organizations: Memphis, REUTERS, U.S, of, Police, The Memphis Police Department, Memphis Fire Department, Thomson Locations: Shelby County, Memphis , Tennessee, U.S, Western, of Tennessee

☆ Anthony Holden, Royal Chronicler Who Ruffled the Palace, Dies at 76
▼ + stars: | 2023-10-26 | by ( Penelope Green | More About Penelope Green | ) www.nytimes.com time to read: +1 min

The cause was a brain tumor, his son Ben said. Mr. Holden was writing the gossipy “Atticus” column — a frothy mix of politics and celebrity — for The Sunday Times in London when, in 1977, he was sent to cover Prince Charles’s visit to Canada to open the Calgary Stampede, a rodeo. The prince was sort of a dud assignment, but Mr. Holden made the best of it, even though the most interesting thing Prince Charles said to him was: “Married, are you? Fun, is it?”The column Mr. Holden wrote about the royal junket amused both Queen Elizabeth II and her son, now King Charles III, and Mr. Holden soon received a book deal to write a biography of Charles. Though he thought the subject was boring, the advance of 15,000 pounds was too large to turn down.

Persons: Anthony Holden, Shakespeare, Laurence Olivier, Lorenzo Da Ponte, Mozart’s, Ben, Holden, Atticus, Prince Charles’s, “ Atticus, ”, Brigitte Bardot, Rudolph Nureyev, Margaret Thatcher, Frank Sinatra, Prince Charles, “, Queen Elizabeth II, King Charles III, Charles . Organizations: The Sunday Times, Calgary Stampede Locations: British, London, Canada, China

With Trump sitting feet away, Trump’s one-time lawyer and fixer described how he manipulated Trump’s financial statements – “reverse-engineering” them to hit an arbitrary net worth. We’re not worried at all about his testimony,” Trump said during a lunch break. The tense questioning is going to continue into Wednesday, as Habba hadn’t even started on the substance of Cohen’s testimony in the civil fraud trial. In the July 2014 letter submitting a bid to buy the Bills, Trump claimed his net worth was $8 billion. Before Engoron’s ruling, the state attorneys and Trump’s lawyers clashed over Michael Cohen’s testimony about the letter.

Persons: CNN — Michael Cohen, Donald Trump, Trump, –, Cohen, Trump’s, he’d, Quickly, intently, “, ” “ It’s, We’re, ” Trump, “ Heck, ”, Allen Weisselberg, ” Cohen, Allen, Alina Habba, Chris Kise, Habba, ” Cohen sneered, ” Habba, ” Kise, hadn’t, “ Mr, you’re, ’ you’re, Michael Cohen, Eric Trump, Arthur Engoron, general’s, ” Engoron, overruling, Engoron’s, Michael Cohen’s, Kise, Mazars, Bill Kelly, Tom Emmer, Emmer, RINO Tom Emmer, he’s Organizations: CNN, Trump, Trump Organization, Mr, United Nations Plaza, Miss, New, Buffalo Bills, Bills, Minnesota GOP Locations: York, Seven Springs, New York, Washington ,

NEWARK, N.J. (AP) — Nick Bjugstad and Nick Schmaltz scored in the shootout, and the Arizona Coyotes recovered after giving up a two-goal lead and rallied to beat the New Jersey Devils 4-3 on Friday night. Schmaltz also had a goal and an assist in regulation, and Matt Dumba and Sean Durzi also scored for the Coyotes in their regular season opener. Bjugstad and Schmaltz scored on Arizona's two attempts in the shootout, and Vejmelka stopped New Jersey's Timo Meier and Bratt to secure the win. “It was a disappointing start to the game; first period again,” Devils coach Lindy Ruff said of his team's slow start. Bratt got his second goal of the game with 1:07 remaining in the second to put New Jersey ahead 3-2.

Persons: Nick Bjugstad, Nick Schmaltz, Schmaltz, Matt Dumba, Sean Durzi, Logan Cooley, Karel Vejmelka, “, Andre Tourigny, Jesper Bratt, Dougie Hamilton, Jack Hughes, Akira Schmid, Bjugstad, Vejmelka, Jersey's Timo Meier, Bratt, ” Dumba, Schmid, Dumba, Durzi, Lindy Ruff, ” Bratt, Hamilton, ” Schmaltz, Hughes, Cooley, ”, it’s, Jason Zucker, Alex Kerfoot, Travis Dermott, Troy Stecher, Chris Tierney, D Colin Miller, F Curtis Lazar, Travis Boyd, ___ Organizations: Arizona Coyotes, New Jersey Devils, Coyotes, NHL, New, Detroit, Minnesota, Devils, ” Devils, Hughes, University of Minnesota, Los Angeles, Florida, New York Rangers Locations: NEWARK, N.J, New Jersey, Cooley, warmups, Troy Stecher . Arizona, Arizona, . New Jersey, . Arizona, Stecher, UP

☆ Ray Dalio explains why the surging Treasury yields crushing stocks still have further to run — and details how investors should approach the AI trade
▼ + stars: | 2023-10-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Ray Dalio says the primary source of pain for stocks is going to get worse before it improves. Surging Treasury yields have been a major headwind for equities, which have seen their appeal dented by the ever-rising risk-free return offered to bond investors. "We sit at a moment in those bonds that it would seem like something like a 5% rate," Dalio said. That means high yields are bad news for economic growth, he noted. As for AI, Dalio sees a "super huge" impact, although he's wary of a speculative bubble former.

Persons: Ray Dalio, Dalio, Goldman Sachs Organizations: Treasury, Greenwich Economic, Federal Locations: Greenwich, Central

The collection amassed by Jein, who died last year at age 76, will be offered up by Heritage Auctions next month in Dallas. Jein, who had an Oscar and Emmy nominated career making miniature models, was also a collector of costumes, props, scripts, artwork, photographs and models from the shows he loved. But a small preliminary model, which is about 5 inches (12 centimeters) long, is among Jein's creations that will be offered at the auction. Chang said Jein loved his work and also had a passion to learn about a wide array of topics. After Jein died, his cousin found that his book collection spanned topics from cooking to the military.

Persons: Greg Jein, Jein, “, Joshua Benesh, ” Jein, Steven Spielberg's, Benesh, ”, William Shatner, Kirk, Leonard Nimoy’s “ Mr, Spock, ” Lou Zutavern, Jein’s, ” Zutavern, Jerry Chang, Chang, Chang's, you’d, ” Chang Organizations: DALLAS, “ Star, Heritage Auctions, Air and Space Museum, “, Hollywood, California State University , Los Locations: Dallas, Los Angeles, dumpsters, California State University , Los Angeles, Hollywood

☆ Gauff outlasts Wozniacki to reach U.S. Open quarter-finals
▼ + stars: | 2023-09-03 | by ( Amy Tennery | ) www.reuters.com time to read: +3 min

[1/4] Sept 3, 2023; Flushing, NY, USA; Coco Gauff of the USA after beating Caroline Wozniacki of Denmark on day seven of the 2023 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Mandatory Credit: Robert Deutsch-USA TODAY Sports Acquire Licensing RightsNEW YORK, Sept 3 (Reuters) - American teenager Coco Gauff ended Caroline Wozniacki's U.S. Open comeback with a 6-3 3-6 6-1 victory to reach the quarter-finals on Sunday. "She definitely gets to a lot of balls... today I knew going in I had to play aggressive," Gauff said in an on court interview. She helped Wozniacki to the break in the eighth game with a pair of double faults and appeared irritated with members of her coaching staff. Ticket holders would struggle to find two more well-liked figures playing on the same court at the Open, with Wozniacki the sentimental pick and Gauff the charismatic American fan-favourite.

Persons: Coco Gauff, Caroline Wozniacki of, USTA Billie Jean King, Robert Deutsch, Caroline Wozniacki's, Dane, Gauff, Jelena Ostapenko, Wozniacki, Roland Garros, Caroline, she's, Amy Tennery, Pritha Sarkar Organizations: USTA Billie, USTA Billie Jean King National Tennis Center, Thomson Locations: Flushing , NY, USA, Caroline Wozniacki of Denmark, Flushing Meadows, United States, Latvian, Washington, Cincinnati, American, New York

☆ Every aspect of real estate 'is going to get whacked' as savings vanish, billionaire investor says
▼ + stars: | 2023-08-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Billionaire investor Jeff Greene says to expect discounts through real estate, as consumer savings fall. Discounts on office spaces will also be fueled by remote work, told CNBC. "In the next 12 to 24 months, you're going to see some extraordinary opportunities to buy." Retail, office, apartments — every aspect of real estate is going to get whacked, and I think we're just in the first inning," the real estate mogul told CNBC. AdvertisementAdvertisementDemand for commercial real estate is further pulled down by the continued prevalence of remote work, with 20%-25% of US employees still working from home.

Persons: Jeff Greene, That's, Greene, Goldman Sachs Organizations: CNBC, Service Locations: Wall, Silicon

☆ Defending champion Alcaraz advances as injured Koepfer retires
▼ + stars: | 2023-08-30 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

The 20-year-old top seed from Spain was leading 6-2, 3-2 when Koepfer retired, having rolled his ankle at a grimace-inducing angle minutes into the match. Alcaraz will play Lloyd Harris of South Africa in the second round. "He's a great player, he has big shots so I have to be really focused on the match," said Alcaraz. Koepfer buried his head in his towel after Alcaraz forced him into a forehand error to convert on a break point chance in the seventh game. Koepfer fended off a pair of break point chances in the fifth game before solemnly walking to the net to resign.

Persons: Spain's Carlos Alcaraz, Germany's Dominik Koepfer, Shannon Stapleton, Carlos Alcaraz, Dominik Koepfer, Arthur Ashe, Koepfer, Alcaraz, Lloyd Harris of, Novak, Frenchman Alexandre Muller, Amy Tennery, Neil Fullick Organizations: Tennis, Germany's Dominik Koepfer REUTERS, U.S, Wimbledon, Thomson Locations: Flushing Meadows , New York, United States, Spain, Lloyd Harris of South Africa, German, New York

☆ Swiatek crushes Peterson to begin U.S. Open title defence
▼ + stars: | 2023-08-28 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

The four-time Grand Slam champion fired off 20 winners and four aces to set up a second-round meeting with Australian Daria Saville. Peterson, who only produced two winners across the match, never regained her composure and Swiatek pumped her first after closing out the match with a scorching backhand down the line. "I really wanted to play solid and start (the) tournament with everything that I focused on (in practice),” she said in on-court remarks. "I just feel happy that with all the pressure and expectations I can just have fun on court." Reporting by Amy Tennery in New York, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Iga, Sweden's Rebecca Peterson, Shannon Stapleton, Iga Swiatek, Swede Rebecca Peterson, Arthur Ashe, Daria Saville, Swiatek, Peterson, ”, Amy Tennery, Pritha Sarkar Organizations: Tennis, U.S, Cincinnati, Thomson Locations: Flushing Meadows , New York, United States, Montreal, Flushing Meadows, New York

☆ Morning Bid: Bonds burn on as China rate cut underwhelms
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +4 min

A sign is seen outside the 11 Wall St. entrance of the New York Stock Exchange (NYSE) in New York, U.S., March 1, 2021. Although prompted by a deepening property sector bust and worrying economic activity undershoot, China's latest widely expected interest rate cut on Monday was surprisingly small - underscoring concerns that official efforts to shore up the economic malaise are still just piecemeal. The People's Bank of China lowered its one-year lending rate by only 10 basis points to 3.45% - less than the 15bp cut forecast - and it left five-year rates unchanged. UBS became the latest global bank to slash China's annual economic growth forecast for this year - down to 4.8% from 5.2%. Ten-year Treasury yields hovered below last week's highs on Monday, however, and Wall St stock futures were firmer ahead of the open.

Persons: Brendan McDermid, Mike Dolan There's, China's, Xi Jinping, Vladimir Putin, disinflation, Germany's, Crest Nicholson, Mike Dolan, Bernadette Organizations: New York Stock Exchange, REUTERS, People's Bank of, Stock Connect, HK, UBS, Treasury, Federal, Jackson, Wall St, BRICS Summit, Reuters Graphics Reuters, Reuters, Thomson Locations: New York, U.S, China, People's Bank of China, South Africa, Brazil, Russia, India, Ukraine, Wall, Johannesburg

☆ Dollar gains as pound tumbles on cooling UK inflation
▼ + stars: | 2023-07-19 | by ( ) www.cnbc.com time to read: +3 min

The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expected in June, sending the pound sharply lower against other major currencies. Before Wednesday's data, investors had assigned a roughly 60% chance that the BoE would hike rates on Aug. 3 by a half-percentage point. "The dollar is catching a reprieve because it's the inflation data that's really dictating sentiment, the dollar was whacked by cooler inflation last week and now it's the pound's turn today," Manimbo added. Fed funds futures traders are pricing in 33 basis points of additional tightening with the benchmark rate expected to peak at 5.40% in November. The New Zealand dollar was volatile, briefly spiking after consumer inflation came in slightly above expectations in the second quarter, before falling to last trade down 0.4% at $0.6250.

Persons: Joe Manimbo, BoE, Manimbo, Sterling, Kenneth Broux, Kazuo Ueda Organizations: U.S, Bank of England, Reuters, Bank of, Societe Generale, Federal Reserve, Bank of Japan, New Zealand Locations: Zealand, United Kingdom, May's, Convera, Washington ,, Bank of England

☆ Heralded Cuban Wins in an Unusual Introduction to Pro Boxing
▼ + stars: | 2023-07-16 | by ( Morgan Campbell | ) www.nytimes.com time to read: +1 min

Cruz quickly found both, popping Burgos with two jabs and a hard right in the third round. Just before the bell, Cruz leaned back to avoid a left hook, then whacked Burgos with a counter right. In the fourth round, Cruz started landing uppercuts, and by the fifth, Cruz, the slicker boxer, was stalking Burgos. But Cuban officials canceled his bout and left him behind while the rest of the team traveled to Mexico. At the time, officials blamed poor practice habits; Cruz suspects the decision was aimed at preventing him from defecting.

Persons: Andy Cruz, he’s, ” Burgos, Cruz, whacked Burgos, Burgos, ” Cruz, “, ” Ennis Organizations: Philadelphia, Cuban Locations: Burgos, Mexico, Aguascalientes

☆ Morning Bid: Markets bet July 2023 is 'peak Fed'
▼ + stars: | 2023-07-13 | by ( ) www.reuters.com time to read: +4 min

A look at the day ahead in U.S. and global markets from Mike DolanSurprise news of a 2%-plus print on U.S. headline inflation rate for June has world markets betting the peak of the Federal Reserve's interest rate campaign will now be this month. Either way, the latest inflation cheer means U.S. rate futures have wiped out bets of another Fed rate hike after a final quarter-point move to 5.25-5.50% at July 26's meeting. Although they see peak rates held there to year-end, futures now price as much as a full percentage point of cuts by this time in 2024. The VIX "fear index" (.VIX) fell back below 14 to its lowest of the month so far. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Mike Dolan, That's, Christopher Waller, Mary Daly, Joe Biden, Christine Lagarde, Toby Chopra Organizations: Fed, Nasdaq, PepsiCo, Delta Airlines, Bank of, Swiss, Bank of Canada, Federal Reserve, San Francisco Fed, Nordic, European Central Bank, . Treasury, Reuters, Thomson Locations: U.S, Beijing, Jackson, Fastenal, Helsinki, Brussels, Japan

☆ Medvedev weathers Eubanks storm to reach semis
▼ + stars: | 2023-07-12 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

Medvedev clung on stubbornly, however, and as the fire in the Eubanks racket began to fade he took charge to reach the semi-finals at the grasscourt slam for the first time. Eubanks used his sledgehammer forehand to break the Medvedev serve to lead 3-1 in the second set -- beaming broadly and imploring the crowd for more noise. Medvedev looked bewildered and out of ideas as Eubanks kept swinging for the hills, landing blow after blow. Medvedev looked close to boiling point as he whacked a ball dangerously close to the fans, argued with umpire Damien Dumusois and received a warning. Eubanks cut a dejected figure in the deciding set as his dream faded away and the end came quickly.

Persons: Russia's Daniil Medvedev, Christopher Eubanks, Toby Melville LONDON, Daniil Medvedev, Eubanks, Medvedev, Carlos Alcaraz, Cameron Norrie, Medvedev's, Damien Dumusois, John McEnroe, Martyn Herman, Ken Ferris, Ed Osmond Organizations: Lawn Tennis, Croquet Club, U.S, REUTERS, Wimbledon, Georgia Tech, Thomson Locations: London, Britain, Russian, British

☆ A Book About Owls, in Which Each Species Is a Marvel
▼ + stars: | 2023-06-14 | by ( Jennifer Szalai | ) www.nytimes.com time to read: +3 min

Owls can also carry more negative connotations, depending on the context. In “What an Owl Knows,” Ackerman explains that the “new science” she refers to in her subtitle has required technological innovations: cameras, drones, DNA analysis, satellite transmitters. “Finding owls is hard,” a naturalist and photographer tells Ackerman, stating a simple truth from which many complications follow. Another researcher, who has encountered hundreds of owls, says, “It was still magic to me every time we found one, because they’re so well camouflaged and so shy.” There are some 260 species of owls spread across every continent except Antarctica. But it turns out that the owl’s closest relatives are a group of birds that are active in the daytime, including toucans and woodpeckers.

Persons: Jennifer Ackerman, Athena, Ackerman, ” Ackerman Locations: Serbian, Kikinda, Great

☆ Rahane helps India hang tough against Australia onslaught
▼ + stars: | 2023-06-09 | by ( Pritha Sarkar | ) www.reuters.com time to read: +3 min

Australia will be eager to tighten their grip on the match as they lead India by 196 runs, with Usman Khawaja batting on 13 along with Marnus Labuschagne on eight. While Thakur lived dangerously, Rahane went about rescuing India's hopes with his mix of delectable shot selection in the 109-run partnership for the seventh wicket. While he fell 11 runs short of scoring a century in the second over after lunch, the 35-year-old crossed 5000 test runs during his 129-ball knock which included 11 fours and a six. Following Rahane's departure, Thakur steered India past the follow-on target before bringing up his 50 with a sumptuous four. Blinking rapidly, he hurriedly grabbed his bat to make his way to the crease and made sure Australia reached tea without losing any further wickets.

Persons: Pat Cummins, Usman Khawaja, Marnus Labuschagne, Ajinkya Rahane, Shardul Thakur, Scott Boland, Srikar, Bharat, Thakur, Cummins, Cameron Green, Rahane, India's, Alex Carey, Rohit Sharma's, Umesh Yadav, Mohammed Shami, Labuschagne, David Warner, napping, Warner, Pritha Sarkar, Ken Ferris, Toby Davis Organizations: India, Australia, DRS, Cummins, ICC, WTC, Thomson Locations: India, Australia, London

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