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U.S. trade deficit widens less than expected in October
  + stars: | 2020-12-04 | by ( Reuters Staff | ) sentiment -1.00   time to read: +1 min
REUTERS/Brian Snyder/File PhotoWASHINGTON (Reuters) - The United States’ trade deficit increased less than expected in October, suggesting trade could contribute to economic growth in the fourth quarter. The Commerce Department said on Friday the trade gap rose 1.7% to $63.1 billion in October. Data for September was revised to show a $62.1 billion deficit instead of $63.9 billion as previously reported. Trade was a drag on gross domestic product in the third quarter for the first time since the second quarter of 2019. That followed a record 31.4% pace of contraction in the second quarter.
Persons: Paul W, Brian Snyder Organizations: Shipping, Conley, REUTERS, WASHINGTON, United, Commerce Department, Data, Reuters, Goods Locations: Boston , Massachusetts, U.S, United States
Massachusetts lawmakers approve major police reform bill
  + stars: | 2020-12-02 | by ( Nate Raymond | ) + 0.97   time to read: +2 min
BOSTON (Reuters) - Massachusetts lawmakers on Tuesday approved a major police reform bill in the wake of protests over George Floyd’s death in Minneapolis that creates a new system for officer accountability, restricts no-knock warrants and bans chokeholds. FILE PHOTO: Massachusetts Governor Charlie Baker speaks to incoming U.S. citizens during an official Naturalization Ceremony at the Museum of Fine Arts, Boston in Boston, Massachusetts, U.S., May 6, 2019. The Massachusetts legislation faced strong opposition from police unions. The House voted 92-67 to approve the legislation after the Senate voted 28-12 in favor. The Massachusetts legislation also creates what lawmakers say would be a first-in-the-nation statewide moratorium on biometric surveillance systems, including facial recognition technology.
Persons: George Floyd’s, Charlie Baker, Brian Snyder, Baker, , That’s, , Breonna Taylor Organizations: BOSTON, Museum of Fine Arts, REUTERS, Democratic, The, Republican, Commission Locations: Massachusetts, Minneapolis, Boston, Boston , Massachusetts, U.S, Louisville , Kentucky
A recent survey showed that more than half of millennial women defer to their spouses on financial issues. No matter your gender, though, participating in your own financial life should be a priority. In fact, surveys show over half of millennial women defer financial decisions to their spouses. While that survey only looked at millennial women, it doesn't matter your age or your gender. When you share a home and a life with someone, you should be equally involved in the financial decision making of that household.
Persons: I'm, Kali Roberge Organizations: Finance Locations: We're, Kali, Boston , Massachusetts
FILE PHOTO: The General Electric Co. logo is seen on the company's corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019. REUTERS/Alwyn ScottWASHINGTON (Reuters) - General Electric Co. and a Vietnamese company on Saturday signed a memorandum of understanding to develop a liquified natural gas power plant, according to GE and a senior Trump administration official. GE said the Long Son LNG facility in Ba Ria-Vung Province would provide 3,600-4,500 megawatts of power to the country. Pacific Corp., Vietnam’s Power Engineering Consulting Joint Stock Company 2 and TTC Group, and Mitsubishi’s Corp.’s local subsidiary, also will participate in the project, GE said. O’Brien was scheduled to meet government officials and speak to students during his visit.
Persons: Alwyn Scott WASHINGTON, Robert O’Brien, Donald Trump’s, Vietnam’s EVNGenco3, O’Brien, Michael Nguyen Organizations: General, Co, REUTERS, General Electric Co, Saturday, GE, Trump, . Pacific Corp, Power Engineering, Company, TTC Group, Mitsubishi’s Corp Locations: Boston , Massachusetts, U.S, Vietnamese, Hanoi, Vietnam, Massachusetts, Ho Chi Minh City, Son, Ba Ria, Vung Province
DraftKings CEO and Co-Founder Jason Robins speaks during the unveiling of DraftKings headquarters March 26, 2019 in Boston, Massachusetts. (This story is for CNBC PRO subscribers only.) Here are the biggest calls on Wall Street on Friday:
Persons: Jason Robins Organizations: CNBC Locations: Boston , Massachusetts
The Zoom pitch is on the rise and presents another challenge for entrepreneurs to get their point across to investors using only their screens. As a startup founder, pitching investors can be nerve-wracking. But now that fewer VC firms are meeting in person, the Zoom pitch is on the rise and presents another challenge for entrepreneurs to get their point across using only their screens. He gave his seven tips for pitching investors remotely over Zoom. "It's not easy to pitch over Zoom," Wilcox said.
Persons: Russ Wilcox, Edlyft cofounders Erika Hairston, Arnelle Ansong, Wilcox, Hairston, Ansong, you'll, you've, Erika Hairston Organizations: Visit, Harvard, TechCrunch, Business Locations: Boston , Massachusetts, Columbia
"It takes time to build a freelance business, so take it step by step — persistence is key," freelancer Michael Jajou said. Ashley Mason graduated in 2019 and has already earned $130,000 this year as a freelance marketing professionalAshley Mason. Ashley MasonAshley Mason graduated from Stonehill College in 2019. By the time Mason graduated, her freelance business was already bringing in six figures, she said. "It takes time to build a freelance business, so take it step by step — persistence is key," he said.
Persons: Zers, Michael Jajou, Upwork, Gen, Gen Zers, Ashley Mason, Ashley Mason Ashley Mason, Mason, Glioblastoma, Read, Michael Jajou Michael Jajou, Jaojoi, Jajou, it's, underpaid Alyssa Goulet, Alyssa Goulet, Alyssa Goulet Alyssa Goulet, Goulet, , she's, " Goulet Organizations: Business, Stonehill College, Social, Michigan State University, Berklee College of Music Locations: Boston , Massachusetts, Upwork
WASHINGTON (Reuters) - U.S. consumer spending rose more than expected in September, but decreasing benefits for millions of unemployed Americans, cooling temperatures and a resurgence in COVID-19 cases across the nation could crimp spending in the fourth quarter. Economists polled by Reuters had forecast consumer spending rising 1% in September. Still, consumer spending remains below its level at the start of the year, held back by outlays on services like air travel and hotel accommodation. A jaw-dropping 40.7% pace of growth in consumer spending accounted for 76.3% to the bounce back in GDP. Despite the stronger-than-expected jump in consumer spending last month, inflation remained benign.
Persons: Taylor, Brian Snyder, , Gus Faucher, Chris Low, Sarah House Organizations: WASHINGTON, REUTERS, Commerce Department, Federal Reserve, PNC Financial, Reuters, Consumers, Treasury, FHN, Labor Department, Wells, Wells Fargo Securities, WASHINGTON (Reuters), Massachusetts, REUTERS/Brian Snyder, PNC Financial in Pittsburgh, Pennsylvania, FHN Financial in New York, Wells Fargo Securities in Charlotte, North Carolina Locations: Boston , Massachusetts, U.S, Pittsburgh , Pennsylvania, New York, Wells Fargo, Charlotte , North Carolina, Boston
Of that number, at least seven NBA players have tested positive for COVID-19, according to the NBA, including Brooklyn Nets All-Star Kevin Durant and three of his teammates. Doctors and patients are expressing concern that NBA players and celebrities are getting preferred access to tests for the COVID-19 coronavirus while the general public and people with symptoms have to wait. Many doctors are left wondering how the NBA is getting access to so many COVID-19 tests when they don't have access themselves. The Commissioner says when Rudy Gobert first tested positive, the Jazz did not ask to be tested. NBA Players Association Executive Director Michelle Roberts unapologetically says this isn't an NBA problem but a government problem.
Persons: Rudy Gobert, Bill de Blasio, Kevin Durant, Utah Jazz Center Rudy Gobert, David Chao, Rebeccah Rodriguez, She's, Rodriguez, Adam Silver, de, we've, Silver, Patrick Rishe, Louis, Michelle Roberts unapologetically, you've, Roberts, I'm, Trump, that's, I've, Patrick Rishe Organizations: Utah Jazz, Boston Celtics, Garden, NBA, . New, Brooklyn Nets, New, Utah Jazz Center, Oklahoma Thunder, NFL, Team USA, San Diego Legion professional rugby, Oasis, rugby, Oklahoma City Thunder, Thunder, ESPN, Jazz, Public, Raptors, Washington University, Massachusetts, NBA, NFL, CDC, ESPN Wednesday evening, ESPN Locations: Boston , Massachusetts, . New York City, United States, New York City, U.S, San Diego, LabCorp, Oklahoma, Toronto, St, COVID-19, Toronto
What a shot! 25 amazing sports photos
  + stars: | 2020-01-27 | by ( )   time to read: +5 min
The altercation was sparked after De Sousa blocked Kansas State guard DaJuan Gordon's layup shot shortly before. Jonathan Bachman/Getty ImagesKarolina Pliskova competes against Anastasia Pavlyuchenkova during Day 6 of the 2020 Australian Open in Melbourne Park on Saturday, January 25. Gabriele Facciotti/APSerena Williams reacts after scoring a point against Qiang Wang during Day 5 of the Australian Open on Friday, January 25. Pontus Lundahl/APParagliders fly over the mountains in the Valle del Cauca, Colombia, during the British Winter Open on Saturday, January 25. Luis Robayo/AFP/Getty ImagesRafael Nadal serves against Pablo Carreno Busta during Day 6 of the Australian Open on Saturday, January 25.
Persons: Silvio De Sousa, De Sousa, DaJuan, Jamie Squire, Kobe Bryant, Jonathan Bachman, Karolina Pliskova, Anastasia Pavlyuchenkova, Edgar Su, Connor Hellebuyck, Bruce Bennett, Xavier Rhodes, Kenny Golladay, Chris O'Meara, Italy's Guglielmo Bosca, Gabriele facciotti, Zion Williamson, Williamson, Chris Graythen, Maria Sharapova, Donna Vekic, Cameron Spencer, Tom Lewis, Satish Kumar Subramani, David de Gea, Ben Mee, Paul Ellis, Brandon Cormier, AAron Ontiveroz, LeBron James, Jaylen Brown, Bob DeChiara, Austria's Matthias Mayer, Gabriele Facciotti, Serena Williams, Qiang Wang, China's Qiang Wang, Williams, William West, Bjorn Goop, Time Bourbon, Thomas Samson, Kent Bazemore, Dylan Buell, Brenton Edwards, Robyn Birch, Alex Davidson, Novak Djokovic, Tatsuma Ito, Darrian Traynor, Sweden's Sandra Naslund, Switzerland's Fanny Smith, Canada's Marielle Thompson, Canada's Brittany Phelan, Pontus Lundahl, Luis Robayo, Rafael Nadal, Pablo Carreno Busta, Rahul, David Rowland, Christian Wood, Nicolas Claxton, Joe Harris, Paul Sancya, Jonathan Bachman/Getty Images Karolina Pliskova, Chris O'Meara, Chris Graythen/Getty Images Maria Sharapova, Paul Ellis, Luis Robayo/AFP/Getty Images Rafael Nadal, David Rowland, Paul Sancya Organizations: Kansas, Kansas State, Big, New Orleans Pelicans, Boston Celtics, NBA, Reuters Winnipeg Jets, Pacific Division, Central Division, NHL, Getty Images Minnesota Vikings, Detroit Lions, NFL Pro Bowl, The AFC, NFC, San Antonio Spurs, Dubai, Emirates Golf Club, Manchester, Getty, X Games, X Games Aspen, Denver Post, Los Angeles Lakers, Celtics, USA, Sunday, Time, Getty Images Sacramento Kings, Chicago Bulls, Kings, Bulls, Down, British, FIS, Twenty20, New Zealand, Getty Images Detroit Pistons, Brooklyn Nets, Nets, Kansas, Louisiana, California, Sunday, Florida, NBA, Colorado, TD Garden in Boston, Massachusetts, Chicago Bulls on Friday, Chicago, Illinois, AFP, England, Alex Davidson, Sweden, New Zealand, AFP/Getty Images Detroit Pistons' Christian Wood, Brooklyn Nets, AP Locations: Lawrence , Kansas, New Orleans , Louisiana, Calabasas , California, Melbourne Park, St, Louis , Missouri, Orlando , Florida, Kitzbuehel, Austria, Manchester, AFP, Aspen , Colorado, Boston , Massachusetts, Paris, Chicago , Illinois, Cudlee, Australia, Adelaide Hills, Plymouth, England, Idre, Sweden, Valle del Cauca, Colombia, Eden, Auckland , New Zealand, Detroit, Calabasas, Kitzbuehel, Detroit
What a shot! 28 amazing sports photos
  + stars: | 2020-01-20 | by ( )   time to read: +6 min
David Ramos/Getty ImagesKansas City Chiefs quarterback Patrick Mahomes runs on his way to scoring a 27-yard touchdown against the Tennessee Titans in the AFC Championship Game on Sunday, January 19, in Kansas City, Missouri. Alika Jenner/Getty ImagesAl-Sadd throws its coach Xavi Hernandez into the air after winning the final match of the Qatar Cup against Al-Duhail on Friday, January 17. Karim Jaafar/AFP/Getty ImagesDaniele Garozzo of Italy plays against Nick Itkin of the United States in the men's foil team final game during Challenge International De Paris on Sunday, January 12, in Paris, France. Lampson Yip/Clicks Images/Getty ImagesBrooke Chaplen of Reading battles for possession with Jennifer Beattie of Arsenal during the FA Women's Continental League Cup quarter final match on Wednesday, January 15, in Borehamwood, England. Mitchell Leff/Getty ImagesOmar Payne of the Florida Gators blocks a shot by J'Von McCormick of the Auburn Tigers during the second half in Gainesville, Florida, on Saturday, January 18.
Persons: Joe Burrow, Jamie Schwaberow, Arun Sankar, Italy's Katharina Putzer, David Ramos, Patrick Mahomes, Bowl LIV, Tom Pennington, Jose Ignacio Cornejo Florino, Bernat, Jonathan Quick, Anthony Cirelli, Kim Klement, Raheem Mostert, LIV, Sean M, Jakob Poeltl, Vaughn Ridley, Mohamed Salah, Michael Regan, Grant Delpit, Trevor Lawrence, Sue Ogrocki, Sven Thorgren, Gian Ehrenzeller, Benny LeMay, Austin Lee, Douglas Defelice, Jonjo O'Neill Jr, Django Django, Alan Crowhurst, Dejan Malinovic, Portugal ´, Alexandre Cavalcanti, Alexis Borges Hernandez, Ole Martin Wold, Spain's Rafael Nadal, Mike Owen, Kris Dunn, Collin Sexton, Jonathan Daniel, Sidney Crosby, Winslow Townson, Donald Trump, Shutterstock, Irina Khavronina, Dario Cirisano, Jed Leicester, Alika Jenner, Sadd, Xavi Hernandez, Duhail, Karim Jaafar, Daniele Garozzo, Nick Itkin, Lampson Yip, Brooke Chaplen, Jennifer Beattie, Alex Pantling, Novak, Darrian Traynor, Max Domi, Mitchell Leff, Omar Payne, J'Von McCormick, Tom Pennington/Getty Images Jose Ignacio Cornejo Florino of Chile, Alan Crowhurst/Getty Images Bosnia Herzegovina´s Dejan Malinovic, Portugal´s Alexandre Cavalcanti and Alexis Borges Hernandez, Mike Owen Organizations: LSU, LSU Tigers, Clemson, College Football, Getty, Getty Images Kansas City Chiefs, Tennessee Titans, AFC, Chiefs, Titans, Bowl, AP Los Angeles Kings, Tampa Bay, USA, Sports San Francisco 49ers, Green Bay Packers, NFC, The 49ers, Kansas City Chiefs, Getty Images Toronto Raptors, San Antonio Spurs, Liverpool, Premier League, Manchester United, Sunday, AP Team East, Team West, West Shrine, Bosnia Herzegovina ´, Handball, Melbourne Park, Chicago Bulls, Cleveland Cavaliers, The Bulls, Cavaliers, Getty Images Pittsburgh Penguins, Boston Bruins, Sports, 2019, Football National, White, Oregon Ducks, Washington Huskies, The Oregon Ducks, Qatar, Al, Paris, Arsenal, FA Women's Continental League, Rally, Montreal Canadiens, Philadelphia Flyers, Florida Gators, Auburn Tigers, Florida, Missouri, Honda, Saudi Arabia, Florida, California, Canada, on Sunday, LSU, Laax, Switzerland, Sweden, Chicago, Illinois, Massachusetts, Washington, Paris, England, Melbourne, Australia, Philadelphia Flyers on Thursday, Philadelphia, Kim Klement/USA Today Sports Locations: New Orleans , Louisiana, Palamedu, Tamil Nadu, Lausanne, St, Moritz, Switzerland, Kansas City , Missouri, Chile, Dakar, Shubaytah, Haradh, Saudi Arabia, Tampa , Florida, Santa Clara , California, Toronto, Canada, Liverpool, Sweden, Laax, St . Petersburg , Florida, Newbury , England, Bosnia Herzegovina, Portugal, Gothenburg, Chicago , Illinois, Boston , Massachusetts, Seattle , Washington, AFP, Italy, United States, Paris, France, Borehamwood, England, Melbourne, Australia, Philadelphia , Pennsylvania, Gainesville , Florida, Toronto, Gothenburg
Total: 11