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Sen. John Boozman cashed out of Johnson & Johnson, among other stocks. Rep. Scott Franklin, a Republican of Florida, just made some of the biggest stock moves of 2021 — at least among members of Congress. Johnson & Johnson has also experienced vaccine production issues. Meanwhile, Sen. Shelley Moore Capito's husband, Charlie Capito, sold up to $15,000 worth of shares in Wells Fargo on May 10. Energy stocks are hotRep. Mark Green, a Republican from Tennessee, made two stock purchases in motor fuel distributor CrossAmerica Partners.
Persons: Sen, Elizabeth Warren . Rep, Scott Franklin, John Boozman, Johnson, we've, Pramila, Elizabeth Warren, Chris Evans, , Republican Sen, Richard Burr of, Tom Malinowski, John Sarbanes of, Ilhan Omar, Minnesota, Janice Schakowsky of, Chuy Garcia, Mark Pocan, Bill Clark, Roth, Danny Johnston John Boozman, Walt Disney, Morgan Chase, Boozman, Elaine Chao, Mitch McConnell, Carlos Barria Mitch McConnell, Trump, Mitch McConnell of, Chao, Wells Fargo, Shelley Moore, Charlie Capito, Mark Green, Green, James Langevin, rollin, rollin ', Earl Blumenauer isn't, Ann Wagner, Wagner, Arthur Byrant Organizations: Massachusetts Democrat, Stock, Republican, Democratic Rep, New, Democratic, Chuy Garcia of Illinois, Getty, Florida Republican, Roth IRA, Viatris Inc, AT, T Inc, AP, Apple, Bank of America, Comcast, Walt, Intel, HP, Dynamics, Honeywell, Union Pacific, Johnson, and Drug Administration, Former, Reuters, Carlos Barria Mitch McConnell fam, Wells Fargo & Company, Energy, CrossAmerica Partners, Shell Midstream Partners, Generac Holdings, Congressional, Caucus, AutoZone Inc, Trempealeau County Justice Center Locations: Washington, Massachusetts, Richard Burr of North Carolina, New Jersey, John Sarbanes of Maryland, Janice Schakowsky of Illinois, Wisconsin, Florida, Arkansas, Wells, Mitch McConnell of Kentucky, Wells Fargo, Tennessee, Rhode Island, Generac, Oregon, Middle America, The Missouri, Trempealeau, La Crosse , Wisconsin
For all of those invested in a healthy turnout, the early numbers do not bode particularly well. Just 16,867 voters showed up on Saturday, according to the Board of Election’s unofficial tally. Every New Yorker who has yet to cast a vote is still theoretically persuadable. And the candidates are sparing no expense in trying to reach them. Garcia out-raises field, and Adams outspends itIn the final weeks of the mayor’s race, donations have poured in to the campaign of Kathryn Garcia, a former sanitation commissioner who has risen from long shot to viable leading candidate.
Persons: bode, Garcia, Adams, Kathryn Garcia Organizations: Yorker
MLB roundup: Rangers hammer Trevor Bauer, Dodgers 12-1
  + stars: | 2021-06-13 | by ( ) www.reuters.com + 0.00   time to read: +13 min
Dodgers right-hander Trevor Bauer (6-5) gave up season highs in runs with six (four earned) and hits with nine. The Dodgers ended the Rangers' shutout bid on AJ Pollock's seventh-inning home run off left-hander Taylor Hearn. The 30-year-old right-hander allowed six hits and one walk while tying a season-high with eight strikeouts over 6 1/3 innings. Phillies starter Vince Velasquez tossed five innings and allowed six hits and two runs, with five strikeouts and one walk. Hendricks (8-4) allowed two runs on three hits in six innings while improving his career record against the Cardinals to 11-3.
Persons: Joely Rodriguez, Jonah Heim, Robert Hanashiro, Kolby Allard, Nate Lowe, Jason Martin, Heim, Lowe, Willie Calhoun, Allard, Trevor Bauer, AJ Pollock's, Taylor Hearn, Marcus Stroman, Francisco Lindor, Jonathan Villar, Fernando Tatis Jr, Edwin Diaz, Jean Segura, Segura, Bryce Harper, Alec Bohm, Odubel Herrera, Ronald Torreyes, Vince Velasquez, Archie Bradley, DJ LeMahieu, Hector Neris, Kyle Hendricks, Louis its, Craig Kimbrel, Ian Happ, Sergio Alcantara, Joc Pederson, Nolan Arenado, Paul DeJong, John Gant, Vladimir Guerrero Jr, Cavan Biggio, Marcus Semien, Bo Bichette, Reese McGuire, Steven Matz, Rafael Devers, Nick Pivetta, Yelich, Willy Adames, Omar Narvaez, Corbin Burnes, Trevor Richards, Josh Hader, Ka'ai Tom, Chad Kuhl, Erik Gonzalez, Adam Frazier, Jorge Polanco, Jose Berrios, Berrios, Taylor Rogers, Polanco, Miguel Sano, Kyle Tucker, Robel Garcia, Luis Garcia, Erick Fedde, Kevin Gausman, Fedde, San Francisco, Kyle Schwarber, Josh Harrison, LaMonte Wade Jr, Wilmer Flores, Wade, Kyle Finnegan, Flores, Washington's Starlin Castro, Caleb Baragar, Yan Gomes, Baragar, Victor Robles, Robles, Jake McGee, James Kaprielian, Matt Chapman, Skye Bolt, Matt Olson, Jackson Kowar, Jarrod Dyson, Kelvin Gutierrez, Olson, Chapman, Gutierrez, Brian Goodwin, Tim Anderson, Yermin Mercedes, Jose Urena, Urena, Dylan, Brandon Lowe, Rich Hill, Collin McHugh, Joey Votto, Tony Perez, Votto, Perez, Johnny, Lefty Wade Miley, Miley, Anthony Rendon, Alex Cobb, Alex Claudio, Raisel Iglesias, Harold Ramirez's, grounder, Ramirez, Paul Sewald, Tom Murphy, Cesar Hernandez, James Karinchak, Hernandez, Jake Fraley, Dylan Moore, Zach Thompson, Lewin Diaz slugged, Thompson, Diaz, Max Fried Organizations: Texas Rangers, Los Angeles Dodgers, Dodger, The Rangers, Dodgers, Rangers, Washington Senators, Mets, Padres, San Diego, Phillies, Yankees, Cubs, Cardinals, Chicago, The Cubs, Milwaukee Brewers, ., Blue Jays, Red Sox, Boston, Cavan, Brewers, Pirates, Milwaukee, Pittsburgh, Astros, Minnesota, Houston, Twins, Nationals, Giants, Washington, San, National League, Athletics, Royals, Oakland, Sox, Tigers, AL Central, White Sox, Orioles, Baltimore, Rays, Reds, Rockies, Cincinnati, Diamondbacks, Arizona, Phoenix, Angels, Mariners, Cleveland, Seattle, Marlins, Braves, Miami, Atlanta, Thomson Locations: Los Angeles , California, USA, Arlington , Texas, Minnesota . Texas, Angeles, New York, Diego, Philadelphia, ., Toronto, Minneapolis, San Francisco, Kansas City, Detroit, Chicago, Tampa, St . Petersburg, Fla, Colorado, Los Angeles, Cleveland
New York Has a Housing Crisis. How Would the Mayoral Candidates Fix It?
  + stars: | 2021-06-13 | by ( Mihir Zaveri | ) www.nytimes.com sentiment -1.00   time to read: +2 min
The winner of the Democratic primary is almost certain to become the city’s next mayor. In a report released this year, the Community Service Society, an anti-poverty group, said Mr. de Blasio’s administration had significantly expanded investment in affordable housing. Mr. McGuire said he would borrow $2.5 billion a year over eight years, which would help finance the construction of more than 350,000 housing units. He said he would spend up to $500 million to create about 3,000 affordable units for older people with little income. She said the program would help keep people from becoming homeless, freeing up money that would have gone to shelters to finance the subsidies instead.
Persons: de Blasio’s, Garcia, McGuire, , Yang, Donovan, Wiley Organizations: Democratic, Community Service Society
Early Voting Begins in Wide-Open Race for New York Mayor
  + stars: | 2021-06-13 | by ( Emma G. Fitzsimmons | ) www.nytimes.com sentiment -0.98   time to read: +2 min
I’ve never seen it so bad.”In southeast Queens, Ayo Olanipekun, 53, a pilot, ranked Mr. Adams, the Brooklyn borough president, first, then Mr. McGuire and Maya Wiley. Political groups are encouraging New Yorkers to vote early to avoid long lines on Election Day. Al Sharpton, the civil rights leader, held a rally on Saturday with several leading candidates to encourage people to vote early. Mr. Sharpton decided not to make a mayoral endorsement this year, disappointing Mr. Adams who had been pushing hard for his support. Still, on Saturday, Mr. Sharpton defended Mr. Adams regarding questions about his residency, saying that Mr. Adams clearly lived in Brooklyn.
Persons: Mr, Mancuso, , I’ve, Ayo Olanipekun, Adams, McGuire, Maya Wiley, , Kathryn Garcia, Shaun Donovan, Evelyn Yang, Yang, Al Sharpton, Sharpton Organizations: city’s Locations: Harlem, Queens, Brooklyn, York City, City, Manhattan
MLB roundup: Mets beat Padres despite Jacob deGrom getting injured
  + stars: | 2021-06-12 | by ( ) www.reuters.com + 0.00   time to read: +9 min
The run-scoring hit gave deGrom more RBIs (five) than earned runs allowed (four). Cardinals starting pitcher Johan Oviedo allowed four runs on five hits and one walk in 4 1/3 innings. Astros 6, Twins 4Martin Maldonado ripped a tiebreaking double in the ninth inning and Jose Altuve homered for the third straight game to help Houston beat Minnesota at Minneapolis. Brewers 7, Pirates 4Christian Yelich hit a two-run double during a five-run seventh inning to help Milwaukee top visiting Pittsburgh. Alcantara (4-5) struck out six and allowed five hits, two walks and two runs while winning his second straight start.
Persons: Jacob deGrom, Miguel Castro, deGrom, Wil Myers, Cy Young, Blake Snell, Kevin Pillar, Billy McKinney, Snell, Jose Peraza, Edwin Diaz, Machado, Anthony DeSclafani, Max Scherzer, Buster Posey, Scherzer, Dave Martinez, Joc Pederson, St, Louis, Kohl Stewart, Tommy Nance, Craig Kimbrel, Johan Oviedo, Genesis Cabrera, Alex Verdugo, Enrique Hernandez, Bo Bichette, Verdugo, Rafael Dolis, Danny Santana, Bobby Dalbec, Christian Arroyo, Vladimir Guerrero Jr, Aaron Civale, Bobby Bradley, Amed Rosario, Jose Ramirez, Justin Dunn, Yoan Moncada, Adam Engel, Danny Mendick, Lucas Giolito, Liam Hendricks, Mendick, Jose Cisnero, Tim Anderson, Daz Cameron, Isaac Paredes, Nomar Mazara, Martin Maldonado, Jose Altuve, Yuli Gurriel, Alex Bregman, Michael Brantley, Jose Urquidy, Ryne Stanek, Ryan Pressly, Yelich, Jackie Bradley Jr, Milwaukee's Brandon Woodruff, Josh Hader, Ben Gamel, Gregory Polanco, Ke'Bryan Hayes, Chase De Jong, Brandon Lowe, Ryan Yarbrough, Yarbrough, Andrew Kittredge, J.P, Pete Fairbanks, Tyler Mahle, Nick Castellanos, Scott Heineman, Joey Votto, Kyle Farmer, Tyler Stephenson, Kyle Freeland, Raimel Tapia, Charlie Blackmon, Ryan McMahon, Brendan Rodgers, Sandy Alcantara, Jazz Chisholm, Yimi Garcia, Ozzie Albies, Ronald Acuna Jr, Charlie Morton Organizations: New York Mets, San Diego Padres, Mets, Cy, Giants, Nationals, San Francisco, Washington, Colorado Rockies, Cubs, Cardinals, Chicago, Red Sox, Blue Jays, Boston, Toronto, Mariners, American League's, Cleveland, Seattle, White Sox, Tigers, Detroit, Astros, Houston, Minnesota, Brewers, Pirates, Milwaukee, Pittsburgh, Orioles, Tampa Bay, Baltimore, New York Yankees, Reds, Rockies, Cincinnati, Marlins, Braves, Miami, Atlanta, Thomson Locations: Brandon Belt, Toronto, American, Seattle, Chicago, Detroit, Minneapolis, St . Petersburg, Fla, Colorado, Alcantara
But like regular money, their value is fixed to currencies such as the dollar, or to commodities such as gold. Tether, which maintains a one-to-one peg against the US dollar, is now the third-largest cryptocurrency, right behind bitcoin and ethereum. The stablecoin tug of warChamorro's app points to a future in which digitized currencies like stablecoins are as ubiquitous and accessible as government-issued money. Erin Scott/Reuters"Unlike central bank fiat currencies, stablecoins do not have legal tender status," Brainard observed. As central banks mint their own digital money, the companies behind private stablecoins may be reduced to providing the technology and infrastructure for the centralized currencies.
Persons: Laszlo Hanyecz, Hanyecz, scammers, cryptocurrencies, Papa John's, Bitcoin, Laszlo Hanyecz's bitcoin, DAI, Nic Carter, Shah, they'll, Carter, Peter Johnson, Johnson, Carlos Garcia Rawlins, bolivar, Simon Chamorro, Chamorro, Stablecoins, , Lael Brainard, stablecoins, Diem, Mark Zuckerberg, Erin Scott, Brainard, Caitlin Long, Grant Thornton, we've, Dante Disparte, Disparte, Alex Kern, Goldi, Jerome Powell, Kern, They're Organizations: Castle, Ventures, US, Venture, Blockchain, Jump, Reuters, Federal Reserve Board, New, Facebook, Avanti Bank, Reserve, Banking Board, First, PayPal, Visa, Google, Amazon, Bank of England, Bank of International, Fed, First Digital Locations: Hungarian, stablecoins, Venezuela, Caracas, Hong Kong, New York, Switzerland, Wyoming, USDC
Why the Mexico City Metro Collapsed
  + stars: | 2021-06-12 | by ( Natalie Kitroeff | Maria Abi-Habib | James Glanz | ) www.nytimes.com + 0.00   time to read: +26 min
Why the Mexico City Metro Collapsed A Times investigation shows the serious construction flaws and political pressure behind a tragedy that threatens two of Mexico’s most prominent figures. Whatever the official investigations determine, the crash could carry immense consequences, not just for Mr. Ebrard and Mr. But some have refused the money and are suing the Mexico City metro system instead. The city cut the budget for the metro line almost immediately. “Today we have the honor of giving this public work to the people of Mexico City,” Mr. Ebrard said at the ceremony.
Persons: Tania Lezama Salgado, Nancy, Tania, jerking, Nancy —, Andrés Manuel López Obrador, , Marcelo Ebrard, Carlos Slim, Ebrard, Gary J, Klein, López Obrador, Alejandro Cegarra, Joel Ortega, , Moisés Poblanno, “ Marcelo, Slim, “ I’m, ” Antonio Gómez García, , Mr, Ortega, Jorge Gaviño, ” Mr, Janney, Donald O, Gómez García, Claudia Sheinbaum, Meghan Dhaliwal, Sheinbaum, López, wasn’t, Bernarda Salgado López, Ms, Salgado, Humberto Lezama, Carso, Ebrard’s, Enrique Horcasitas, Construction, Mario Alberto Ruiz, Francisco Bojorquez, Marcos Tapia Manjarrez, Ruiz Organizations: Mexico City Metro, Times, New York Times, Carso, Mexico City, Workers, The New York Times, Mr, The Times, National Academy of Engineering, Wiss, Elstner, Associated, The New York Times Company, Mexico City’s, Construction, ICA, Alstom, CAF, Bombardier, “ Bombardier, Legislative, Tren Locations: Mexico City, Leer, español, Mexico, Americas, Latin America, , Nancy, France, Spanish, Canada
Kathryn Garcia Is Fine With Second Place
  + stars: | 2021-06-11 | by ( Tunku Varadarajan | ) www.wsj.com sentiment -1.00   time to read: +1 min
Brooklyn, N.Y.As they jostle to get ahead of each other in a crowded and anarchic primary, the Democratic candidates for New York mayor resemble a cluster of bumper cars. On other days, the lead has been with Kathryn Garcia, former head of the city’s Sanitation Department, and even Maya Wiley, who bounced close to the top of the heap this week after receiving an endorsement from Rep. Alexandria Ocasio-Cortez. Viewed another way, no candidate in this perverse mayoral election has consistently led in the opinion polls—which this year have been desultory, even a little derelict. To be fair, the pollsters have struggled not only with canvassing opinion amid a pandemic, but also with the novel form of ranked-choice voting introduced for this election. How do you conduct a call in which you ask an already impatient stranger—finger ready to disconnect—who his second, third and fourth choices are?
Persons: Eric Adams, Andrew Yang the, Kathryn Garcia, Maya Wiley, Alexandria Ocasio Organizations: Democratic, New, Brooklyn, city’s Sanitation Department Locations: Brooklyn, N.Y, New York, Alexandria, Cortez
UK report says Hong Kong security law used to 'drastically curtail freedoms'
  + stars: | 2021-06-11 | by ( Anne Roantree | ) www.reuters.com sentiment -1.00   time to read: +2 min
The report criticised Beijing's overhaul of Hong Kong's electoral system, prosecution decisions made by the Department of Justice and the contentious security law. The Chinese and Hong Kong flags flutter at the office of the Government of the Hong Kong Special Administrative Region, ahead of a news conference held by Hong Kong Chief Executive Carrie Lam, in Beijing, China June 3, 2020. The Hong Kong government hit back at what it described as "inaccurate remarks" that could not be "further from the truth and are clearly double standards". "Any objective person will see that since the implementation of the Hong Kong national security law, stability, which is vital to business activities, has been restored to society and national security has been safeguarded," a Hong Kong government spokesperson said. Western governments and international human rights groups have expressed concern the law will crush freedoms in Hong Kong.
Persons: Hong, Dominic Raab, Zhao Ziyang, Margaret Thatcher, Raab, Carrie Lam, Carlos Garcia Rawlins Organizations: British, Hong, Department of Justice, Administrative, REUTERS, Thomson Locations: Beijing, Britain, Hong Kong, China
Hollywood's Latin ambitions hit new heights
  + stars: | 2021-06-11 | by ( Sandra Gonzalez | ) edition.cnn.com + 0.00   time to read: +10 min
Latinx trope she'd banish forever? Latinx trope she'd banish forever? Latinx trope she'd banish forever? However, it's incumbent that the Latinx community view other marginalized groups as companions, not competition, Murrieta said. But, rest assured, the Latinx community in Hollywood will keep running, as they say, con ganas.
Persons: it'd, Peter Murrieta, Mr, Iglesias, he's, He's, Carolina Garcia, Gloria Calderón Kellett, Roberto Larios, Alan Luna, Claudia Lyon, Kase Peña, Gina Torres, Jon Chu, Murrieta, Gina Reyes, Salma Hayek, Reyes, Hayek, there's, I've, that's, Pearson, it's, Murrieta's, Calderón Kellett, Tanya Saracho, Reed Morano, Steven Canals Organizations: CNN, Guild of America, Netflix, Universal Television, titans, Verve Talent, Literary Agency, ICM, Variety, MGM, Universal Pictures, Warner Bros, Amazon Studios, Talent, CBS Television, Young, Productions Locations: Hollywood, U.S, WarnerMedia
(CNN) You can thank Netflix executive Carolina Garcia for helping bring shows like "Stranger Things" and "Chilling Adventures of Sabrina" to the streaming screen, but everyone else can thank Jack Bauer for Carolina Garcia. "Netflix has become very aware of where we as a company need to be better and have committed actual dollars to helping funnel that," Garcia said. Too often, Garcia said, Latinx stories are centered on pain or trauma, which is far from the whole story of the culture. This debate -- for example, whether only Latinx creators should tell Latinx stories -- is a complex one with heated opinions on both sides. Carolina Garcia, Director of Original Series at Netflix, wants to see Latinx stories and creators elevated.
Persons: Carolina Garcia, Sabrina, Jack Bauer, Garcia, Kiefer Sutherland, toma el toro, we've, It's, White, Black, someone's, I'm, Carolina Garcia Job, I've, Dion, Dana Walden, Brian Wright, Cindy Holland, Bela Baharia, Olga Merediz, Abuela Claudia, Manuel Garcia, He's, Jenna Ortega, Melissa Barrera, Edgar Ramirez, isn't Organizations: CNN, Netflix, Juilliard, Century Fox Television, Fox, Angeles Latino, Film Institute, National Association of, Independent, Walt Disney Television, Lincoln Lawyer Locations: Argentina, Claremont , California, Hollywood
“It’s a problem Facebook has known about for many years.”Facebook spokesman Andy Stone said that the company prohibits "content that offers to provide or facilitate human smuggling. He added that Facebook permits content related to seeking asylum and that it had consulted with the United Nations on its content policies around human smuggling. The policies draw on the U.N. definition of human smuggling as “the procurement or facilitation of illegal entry into a state across international borders” that doesn’t necessarily involve coercion or force. Since 2015, researchers and journalists have regularly identified pages dedicated to human smuggling on Facebook. Deported and pennilessAt his computer, Pastor Banda pointed to another Facebook group in which migrants appear to be negotiating with coyotes.
Persons: Gustavo Banda, they’ve, , , gesturing, ” Katie Paul, Andy Stone, El Coyote Lopez ”, Nilda Garcia, Garcia, cobro de piso, ” Garcia, , Facebook —, TikTok, Facebook’s Stone, Gabriella Sanchez, Biden, Kamala Harris, Jen Psaki, Paul, Stone, ” Sanchez, Pastor Banda, He’s, ” Banda Organizations: Facebook, Tech, Capitol, NBC News, United Nations, NBC, U.S ., FBI’s National Gang Intelligence, Criminal Networks, Twitter, YouTube, Islamic, ISIS, , The, of State, White, Trump, Border Protection, Customs Locations: United States, Tijuana , Mexico, America, Mexican, , McAllen , Texas, Houston, Nicaragua, Agua, Sonora, Sinaloa, Sonora and Arizona, Mexico, Spanish, Los Angeles, Guatemala, El Salvador, Honduras, Brazil, U.S, Central America, Salvador, Texas, Honduran, Belize, Banda, California, Baja California, U.S.A
Democratic candidate for New York City Mayor Maya Wiley speaks to voters and media while campaigning at the Co-op City housing complex in the Bronx borough of New York City, New York, U.S., June 7, 2021. REUTERS/Mike Segar/File PhotoFor months, a trio of liberal Democratic candidates in New York City's mayoral race has vied for the mantle of progressive standard-bearer in a crowded field. "New York is not a progressive city," said Christina Greer, a political science professor at Fordham University. "We know there are a lot of Democratic voters who call themselves progressive and support progressive values but think AOC is a little too far left." "She's clearly the progressive candidate that can win in this race," said Gabby Seay, the political director for the union, which represents healthcare workers.
Persons: New York City Mayor Maya Wiley, Mike Segar, Maya Wiley, Representative Alexandria Ocasio, Cortez, Elizabeth Warren of, Jumaane Williams, , Andrew Yang, Eric Adams, Kathryn Garcia, Wiley, Adams, Rudy Giuliani, Michael Bloomberg, Bill de Blasio, Christina Greer, Scott Stringer, Dianne Morales, Stringer, Morales, Sochie Nnaemeka, Gabby Seay Organizations: Democratic, New York City Mayor, REUTERS, MSNBC, U.S, Representative, Working Families Party, Brooklyn Borough, New York Police, NYPD, Republican, Democrat, Fordham University, City Hall, Service Employees International Union, Thomson Locations: Bronx, New York City , New York, U.S, New York, Elizabeth Warren of Massachusetts, Brooklyn, York
New York City Mayoral Candidates to Debate Ahead of Early Voting
  + stars: | 2021-06-10 | by ( Katie Honan | ) www.wsj.com sentiment -0.77   time to read: +1 min
The top five Democratic candidates in the race to be the next mayor of New York City will face off Thursday night in a televised debate two days before early voting begins. Ms. Wiley was ranked as the top choice by 17% of the voters, the poll showed. The primary will take place on June 22 but early voting begins at select polling locations on Saturday. The primary will be the first time ranked-choice voting will be used in a citywide race. With Democrats vastly outnumbering Republicans in New York City, the winner of the Democratic primary is considered the favorite to be the next mayor.
Persons: Eric Adams, Maya Wiley, Bill de Blasio, Alexandria Ocasio, Adams, Wiley, Andrew Yang, Kathryn Garcia, Scott Stringer Organizations: Democratic, Brooklyn Borough, U.S . Rep, Emerson College, PIX11, Sanitation, WCBS Locations: New York City, Alexandria, Cortez
China cbank governor expects 2021 inflation to be below 2%
  + stars: | 2021-06-10 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
SHANGHAI (Reuters) -China’s central bank governor Yi Gang said he expects the country’s annual average inflation to be below 2% this year, while cautioning against both inflationary and deflationary pressure amid economic and macro policy uncertainty. FILE PHOTO: The Chinese national flag flies at half-mast at the headquarters of the People's Bank of China, the central bank (PBOC), as China holds a national mourning for those who died of the coronavirus disease (COVID-19), on the Qingming tomb-sweeping festival in Beijing, China April 4, 2020. Consumer prices in China are trending higher this year, and the annual average inflation is expected to be below 2%, Yi said. China will also actively use structural monetary policy tools to support the economy’s green transformation, Yi said. The central bank will keep the yuan exchange rate basically stable, while improving China’s exchange rate mechanism, Yi said, reaffirming the current stance.
Persons: Yi Gang, Carlos Garcia Rawlins, Yi, ” Yi, China’s Organizations: People's Bank of China, REUTERS Locations: SHANGHAI, China, Beijing, Shanghai
SHANGHAI (Reuters) - China’s central bank governor said inflation is “basically under control”, and monetary policy would be kept steady, in comments a day after concerns over inflationary pressures were fanned by data showing the fastest rise in factory-gate prices in 12 years. FILE PHOTO: The Chinese national flag flies at half-mast at the headquarters of the People's Bank of China, the central bank (PBOC), as China holds a national mourning for those who died of the coronavirus disease (COVID-19), on the Qingming tomb-sweeping festival in Beijing, China April 4, 2020. REUTERS/Carlos Garcia Rawlins“We must adhere to policy stability as a priority, and stick to implementing normal monetary policy,” Yi Gang told a financial forum in Shanghai on Thursday, forecasting this year’s inflation at below 2%. Yi also reiterated that the central bank will keep the yuan exchange rate basically stable, while vowing to further improve China’s exchange rate mechanism. China’s monetary policy must pay attention to the impact of structural changes on price stability, he added.
Persons: Carlos Garcia Rawlins, Yi Gang, Yi, China’s, Organizations: People's Bank of China, REUTERS, People’s Bank of China, European Union Locations: SHANGHAI, China, Beijing, Shanghai
Eric Adams, the former NYPD captain and president of the Borough of Brooklyn, answered questions about his residency status on Wednesday, allowing local reporters to tour his Central Brooklyn home. "If I'm not at Borough Hall, I'm here," Adams, a Democrat, told reporters inside his ground-floor, red-brick home. The tour came after a Politico New York report raised serious questions about Adams' main residency, which is a requirement to be mayor of the city. Adams said he has used the New Jersey property occasionally but said the Brooklyn home is his main residence. Adams, who has criticized Yang, saying he left the city during the pandemic, was joined by his 25-year-old son, Jordan, during the tour.
Persons: Eric Adams, Adams, Tracey Collins, , ” Adams, Maya Wiley, Bill de Blasio, Andrew Yang, Kathryn Garcia, Scott Stringer, Shaun Donovan, Raymond McGuire, Dianne Morales, Yang, Jordan, I've, ” McGuire, , Garcia, Wiley Organizations: NYPD, Central Brooklyn, Borough Hall, Politico, Brooklyn Borough, Democratic, GOP, Rep, Bronx ., Former City, New York Daily News Locations: Borough, Brooklyn, York, New Jersey, City of New York, New York City, Alexandria, Queens, Bronx
How to Watch New York’s Next Democratic Mayoral Debate
  + stars: | 2021-06-10 | by ( The New York Times | ) www.nytimes.com sentiment -0.95   time to read: 1 min
The third official debate among major Democratic candidates for mayor of New York City takes place Thursday evening from 7 to 8 p.m. Unlike the two previous debates, only four of the leading candidates are set to attend: Kathryn Garcia, Scott M. Stringer, Maya Wiley and Andrew Yang. Another front-runner, Eric Adams, also was invited, but said he would attend a vigil for a 10-year-old who was fatally shot in Queens instead. The event is the last televised debate before the start of early voting on Saturday ahead of the June 22 primary. Here are some of the ways you can watch and follow the debate:
Persons: Kathryn Garcia, Scott M, Stringer, Maya Wiley, Andrew Yang, Eric Adams Organizations: Democratic Locations: New York, Queens
REUTERS/Carlos Garcia RawlinsChina's new bank loans unexpectedly rose in May from the previous month but broader credit growth continued to slow, as the central bank seeks to contain rising debt in the world's second-largest economy. Loans to households surged to 623.2 billion yuan in May from 528.3 billion yuan in April, while corporate loans rose to 805.7 billion yuan last month from April's 755.2 billion yuan. As expected, growth in outstanding yuan loans eased to 12.2% year-on-year, the slowest pace since February 2020, and compared with 12.3% in April. "The slowdown in credit growth is happening even faster than we had been anticipating a couple of months ago," Julian Evans-Pritchard at Capital Economics said in a note. TSF rose to 1.92 trillion yuan in May from 1.85 trillion yuan in April, but missed expectations.
Persons: Carlos Garcia Rawlins, Luo Yunong, Yi Gang, Julian Evans, Pritchard Organizations: People's Bank of China, REUTERS, Industrial Securities, Capital Economics, Reuters, Thomson Locations: China, Beijing
Social Gloves' Battle of the Platforms will pit 12 YouTubers and TikTokers against each other in a boxing event. Austin McBroom of the Ace Family, with 19 million YouTube followers, will headline the event in a fight against TikTok star Bryce Hall, who has 20 million TikTok followers. According to McBroom, he originally had three potential targets on his list: Logan Paul, Jake Paul, and then Bryce Hall. "Some of the real boxers I've been around, have been trying to create their following or YouTube channel to gain that following to be able to create more revenue." There aren't too many real boxers out there that show their daily life."
Persons: Austin McBroom, Bryce, McBroom, Bryce Hall, he'll, Logan Paul, Jake Paul, Logan, Mayweather, Jake, he's, He's, Catherine Paiz, Rodin Eckenroth, Allen Berezovsky, Olajide William Olatunji, KSI, Floyd Mayweather, Influencers, Leo Santa Cruz, Regis Prograis, Mikey Garcia, Evander Holifield, I've, that's Organizations: Bryce Hall, Social Gloves, Angeles, YouTube, Manchester, Staples Center, Athletic Locations: London
Mayor Debate Live Updates: Candidates Respond to Eric Adams Residency Controversy The other leading Democratic candidates took on Eric Adams, who has faced questions about whether he lives in New York or New Jersey. Credit... Jordan Gale for The New York Times Scott M. Stringer, the city comptroller, has worked in and around politics and government for decades. Mr. Adams had initially said he would not attend the debate, but changed his mind on Thursday. Here are some of the ways you can watch and follow the debate: The New York Times will carry a stream of the debate on its live blog. Reporters from The New York Times will provide commentary and analysis throughout the hour.
Persons: Eric Adams, Sarah Blesener, Michael M, Dave Sanders, Brittainy Newman, James Estrin, New York Times Eric Adams, Adams, Read, Scott Stringer, Jordan Gale, The New York Times Scott M, Stringer, Eliot Spitzer, Kathryn Garcia, Michelle V, Bill de Blasio’s, Garcia, Garcia’s, Wiley, Maya Wiley, Hilary Swift, Bill de Blasio, , de Blasio’s, Andrew Yang, New York Times Andrew Yang, Yang, Michael R, Scott M, Yang’s, “ Yang, , MC Jin, Adams’s, I’ve, Bryan Clampitt, Mr, Marcia Kramer, Mark Lennihan, Maurice DuBois, Ms, Kramer, Bill Clinton, , Hillary Clinton, Bennett Raglin, DuBois, Andrew M, Cuomo, Cynthia Nixon, Shaun Donovan, Karsten Moran, Maya, Raymond J, McGuire, Dianne Morales, Mike Nelson, Donovan’s, Brendan McPhillips, Donovan, Morales Organizations: Democratic, The New York Times, Getty, New York Times, Police Department, Yorkers, New York City’s Democratic, Gov, Credit, New York, The Daily News, Sanitation Department, Deal, MSNBC, Bloomberg, CBS, Supporters, CBS Broadcast Center, Chelsea, CBS . Credit, Associated, WCBS, City Hall, The New York Daily News, U.S . Senate, National Urban Technology, The New York, Wall Street, YouTube Locations: New York, New Jersey, Image, Brooklyn, New, Manhattan, York, , Albany, Queens
Top Mayoral Rivals Attack Adams and Clash on Policing and Ethics
  + stars: | 2021-06-10 | by ( Katie Glueck | ) www.nytimes.com + 0.61   time to read: +2 min
More than any other candidate, Mr. Adams has discussed issues of rising gun violence and other crime, at a time when polls show public safety to be a top priority for New York Democratic voters. At the debate, the contenders focused on issues of gun violence as well as hate crimes. She went on to sketch out plans for confronting mental illness and homelessness as part of the solution. And as in previous debates, some of the clearest distinctions in the field emerged over issues of public safety, as Ms. Wiley staked out some of the most left-leaning positions on the stage. Asked about the idea of taking guns away from New York Police Department officers, every candidate except for Ms. Wiley said no.
Persons: Adams’s, Adams, we’ve, , Kathryn Garcia, Wiley, Scott M, Stringer, “ We’re, ” Mr Organizations: New York Democratic, New York Police Department, Yorkers Locations: New York
The total supply of stablecoins has exploded over the past year, with US-dollar pegged crypto currencies surpassing $100 billion in May. And a growing number of investors are parking stablecoins in crypto savings accounts, which offer yields as high as 10%. The stablecoin tug of warChamorro's app points to a future in which digitized currencies like stablecoins are as ubiquitous and accessible as government-issued money. Erin Scott/Reuters"Unlike central bank fiat currencies, stablecoins do not have legal tender status," Brainard observed. As central banks mint their own digital money, the companies behind private stablecoins may be reduced to providing the technology and infrastructure for the centralized currencies.
Persons: Laszlo Hanyecz, Hanyecz, scammers, cryptocurrencies, Papa John's, Bitcoin, Laszlo Hanyecz's bitcoin, DAI, Nic Carter, Shah, they'll, Carter, Peter Johnson, Johnson, Carlos Garcia Rawlins, bolivar, Simon Chamorro, Chamorro, Stablecoins, , Lael Brainard, stablecoins, Diem, Mark Zuckerberg, Erin Scott, Brainard, Caitlin Long, Grant Thornton, we've, Dante Disparte, Disparte, Alex Kern, Goldi, Jerome Powell, Kern, They're Organizations: Castle, Ventures, US, Venture, Blockchain, Jump, Reuters, Federal Reserve Board, New, Facebook, Avanti Bank, Reserve, Banking Board, First, PayPal, Visa, Google, Amazon, Bank of England, Bank of International, Fed, First Digital Locations: Hungarian, stablecoins, Venezuela, Caracas, Hong Kong, New York, Switzerland, Wyoming, USDC
The Covid-19 pandemic was incredibly challenging for college students and when schools shut down and went to remote classes, many students chose to take time off — a gap year or even a gap semester — instead. Others didn't want a diminished college experience as coronavirus forced most universities online and internships, jobs and study abroad opportunities were canceled. More from College Voices:Latinx college students faced family, financial challenges during the pandemicTikTok, Bumble, others are hiring college students as brand ambassadorsI want to move to New York after college graduation. Gap years are common as some high school students take a year off to travel or volunteer before college. After being sent home, he withdrew from the spring 2020 semester and worked on congressional campaigns.
Persons: NSCRC, Lily Liu, Liu, Lily Liu Nicolas Montoya, Montoya, Marco Balestri, Balestri, Bumble, , George Floyd, Nicolas Montoya, Steven Garcia, Machuca Balestri, hadn't, I've, I'm Organizations: Student, Stanford University Class, Stanford University, Harvard College Class, Columbia University, College, Harvard, Tufts University, Stanford, Gates, Harvard University, Democratic Senate, New York State Locations: China, Paris, American, Buenos Aires, Argentina, New York, Princeton, Covid, Maine, Georgia
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