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The bus was ferrying travelers to the train station to board the Trans-Siberian railway. Like Marie-Claire, Elaine had been working in Japan for a while, teaching English. Flirting in MongoliaMarie-Claire and Elaine were strangers who happened to be both traveling via the Trans-Siberian railway. She also shared the news with her extended network of New York friends. Elaine, Marie-Claire and their son Marcello have a family motto, based around their shared initials, EMC.
Persons: CNN — Marie, Claire Martineau couldn’t, Elaine Comerford, Marie, Claire, Elaine, , Elaine broached, they’d, , Claire couldn’t, ” Marie, they'd, Claire Martineau Marie, who’d, , she’d, That’s, ” Elaine, “ Marie, Wolfgang Kaehler, we’d, Steve, ” Here's Marie, Claire Martineau, you’ve, Elaine didn’t, weren’t, Diane, “ Diane, ‘ Let’s, She’d, Claire’s, , Marie Claire, Marcello, Here's Marie, “ We’ve, We’ve, we’ve, Anna Maria, Cliare, it’s Organizations: CNN, CNN Travel, Queens, Maison Internationale, EMC Locations: France, Japan, Europe, Eastern Europe, Budapest, Vienna, Boston , Massachusetts, Boston, New York City, Marie, New York, Beijing, China, Moscow, Mongolia, Russia, Asia, Mongolia Marie, Siberia, Germany, Turkey, Greece, Hungary, , Austria, Manhattan, Queens, Midtown, , Provincetown , Massachusetts, Thailand, Vietnam, Colombia, Ecuador, United States, Anna Maria Island , Florida, Florida
Pope Francis opens the "Holy Doors" at St. Peter's Basilica to mark the start of the Jubilee Year of Mercy. Now the hope is to have the line’s showcase Piazza Venezia stop, featuring an eight-story underground museum, ready in 10 years, according to engineer Andrea Sciotti, who is in charge of the metro museum complex. Each will be placed exactly where it was found inside the metro museum, which is being dug some 85 meters (280 feet) deep, encompassing eight stories below the modern city of Rome. The Venezia station museum stop is not the only treasure on the new line. In 2025, the new Colosseo-Fori station, complete with a four-level underground museum to showcase artifacts including 25 archaic wells unearthed when it was built, will also open after activation tests, meant to begin in October, are completed.
Persons: Rome, it’s, wasn’t, Pope Francis, Mercy, VINCENZO PINTO, Emperor Hadrian’s, Andrea Sciotti, Jesus Christ, , ” Sciotti, Emperor Hadrian's, Stefano Montesi, Sciotti, It’s, Organizations: Rome CNN —, San, Vatican, AFP, Piazza Venezia, CNN, Corbis, Roman, Palazzo Venezia, Colosseum Locations: Rome CNN — Rome, San Giovanni Cathedral, Peter’s, St, AFP, Rome, San Giovanni, Italy, London ., Venezia
CNN —Calm and understated, Iga Świątek rarely appears flustered by the triumphant highs and heart-breaking lows of professional tennis, but discovering that she would be crowned world No. Since rising to the top of the rankings, the Polish star has been a dominant force in women’s tennis, winning 16 titles – 21 in total – and only once dropping from the No. “When we started working in 2019, I was really, really introverted,” says Świątek. Last year, she became the first female athlete to be sponsored by sportswear brand On and has helped to develop the company inaugural tennis range. Świątek was estimated by Forbes to be the world's highest-paid female athlete last year.
Persons: Świątek, , , , ” Świątek, Aryna Sabalenka, Susana Vera, Roland Garros, you’re, there’s, hasn’t, “ We’re, Yves Herman, Daria Abramowicz, Karolína Muchová, Julien de Rosa, it’s, Eileen Gu, Coco Gauff, Emma Raducanu, Naomi Osaka, Aryna, Williams, Maria, Sharapova, ” Max Eisenbud, Taylor Swift, Andre Agassi, Lindsey Vonn, Robert Prange, Eisenbud, I’ve, ” “, Monica Seles, Justine Henin – Organizations: CNN, tennis, CNN Sport, Madrid, Reuters, Porsche, Rolex, Getty, Forbes ’, Tennis, Forbes, Serena, Brands Locations: Madrid, Rome, AFP, American, Świątek
Nvidia stock can't keep climbing forever, according to DA Davidson analyst Gil Luria. The Wall Street veteran sees a decline of as much as 20% in Nvidia stock in the next few years. That trend will falter, Luria predicts, and he says he's anticipating a double-digit decline for the chip maker's stock within the next 18 months. Advertisement"My estimates for 2026 are the lowest on the Street," Luria said. AdvertisementLuria has warned of a long-term decline for Nvidia stock for months, though investors are still feeling pretty bullish.
Persons: Gil Luria, , who's, Luria, It's, Tesla Organizations: Wall Street, Nvidia, Service
He added, "Wells Fargo could fetch a higher multiple in the market as a result." A Wells Fargo spokesperson declined to comment on the total number of CIB-related hires across all levels in the division. Wells Fargo and other banks have benefited in recent years as the Federal Reserve began hiking interest rates in March 2022. More recent data indicates that Wells Fargo's investment banking revenue share globally has jumped to No. A woman walks past Wells Fargo bank in New York City, U.S., March 17, 2020.
Persons: Wells, Wells Fargo, JPMorgan Chase, Jeff Marks, Charlie Scharf, Scharf, Doug Braunstein, Braunstein, Fernando Rivas, Rivas, Jonathan Weiss, Weiss, Piper Sandler, Wells Fargo's Scharf, NII, Kroger, Scharf's, Scott Siefers, Siefers, Jim Cramer's, Jim Cramer, Jim Organizations: Wall, CNBC, JPMorgan, CIB, Wells, North American Investment Banking, Barclays, Deutsche Bank, Suisse —, Management, Federal Reserve, Fed, Albertson's, Federal Trade Commission, Currency Locations: Wells Fargo, Americas, U.S, IPOs, Wells, New York City
Hedge funds are shedding mega-cap tech and buying up other AI beneficiaries, says Goldman Sachs. Funds cut positions in Google, Amazon, Microsoft, Meta, and Nvidia for lesser-known AI plays. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At the start of the second quarter, hedge funds were still clutching onto most of the blue-chip Magnificent Seven. Besides Tesla, all the stocks remained high on Goldman Sachs' Very Important Positions (VIP) list of top hedge fund holdings, according to a May 21 note.
Persons: Goldman Sachs, , hasn't, it's, Tesla Organizations: Google, Microsoft, Meta, Nvidia, Service, Business Locations: Goldman's
The International Court of Justice displayed on a smartphone, with the flag of Israel visible in the background in Brussels, Belgium, on May 20, 2024. Nurphoto | Nurphoto | Getty ImagesThe U.N.'s top court, the International Court of Justice, on Friday ordered Israel to cease its military offensive in Rafah in the south of the Gaza Strip, citing concerns over the safety of Palestinian civilians. The court further found that evacuation and other measures undertaken by Israel in Rafah were not sufficient. watch nowEarlier this month, Israel advanced its military campaign into Rafah, where more than 1 million of displaced Palestinian people have sought shelter. "And not only in Rafah governorate, what is happening in Jabalia and other governorates of the Gaza Strip is no less criminal and dangerous than what is happening in Rafah."
Persons: Israel, Nawaf Salam, Bezalel Smotrich, Nabil Abu Rudeineh Organizations: Court, Nurphoto, International Court of Justice, United, CNBC, Israel's, Hamas, Court of, Palestinian, Palestinian Authority, Reuters Locations: Israel, Brussels, Belgium, Rafah, Gaza, United Nations, South Africa, Jabalia
Yet he is locked up by the say-so of the United States government,” she added. His supporters believe he’s been caught up in geopolitics during a time of strained relations between the United States and China and have accused authorities of using him to send a message to former military personnel. A spokesperson for the Australian attorney general said the government doesn’t comment on extradition matters. Under Australia’s Extradition Act, Duggan is entitled to appeal directly to the attorney general as to why he shouldn’t be sent to the US. There is no set time period for the attorney general to make a decision, but by law it should be made as soon as practicable.
Persons: Daniel Duggan, Daniel Reiss, Duggan, Mark Dreyfus, Duggan’s, Saffrine, , Dan Duggan, ” “, ” Saffrine Duggan, Bianca De Marchi, , ” Duggan, TFASA, he’s, Reiss, shouldn’t Organizations: Australia CNN, US Marines, United, Downing Centre Local Court, US State Department, of Defense Trade, Test Flying Academy of South, CNN, TFASA Locations: Brisbane, Australia, United States, New South Wales, China, Sydney, Test Flying Academy of South Africa, South Africa
The Shaky Foundation of Trump’s Lead: Disengaged Voters
  + stars: | 2024-05-24 | by ( Nate Cohn | ) www.nytimes.com   time to read: 1 min
The polls have shown Donald J. Trump with an edge for eight straight months, but there’s one big flashing warning sign suggesting that his advantage might not be quite as stable as it looks. That warning sign: His narrow lead is built on gains among voters who aren’t paying close attention to politics, who don’t follow traditional news and who don’t regularly vote. To an extent that hasn’t been true in New York Times/Siena College polling in the last eight years, disengaged voters are driving the overall polling results and the story line about the election.
Persons: Donald J, don’t Organizations: Trump, New York Times, Siena College Locations: New
CNN —As Supreme Court justices try to resolve more than a dozen major cases over the next month, including whether Donald Trump must stand trial for election subversion, they appear mired in antagonism and distrust. Conservatives, who indeed hold the upper hand on the 6-3 court, nonetheless spike their writing and remarks with derision for the left. When the court majority allowed Louisiana state officials to use a map with a second majority-Black congressional district (over the protest of a GOP-backed group of White voters), the three liberals dissented. (A lower US court had referred to it as the “bleaching of African American voters” from the district.) Dissenting liberals emphasized that the decision reversing the lower court undercut a 2017 Supreme Court ruling, Cooper v. Harris, issued before the far-right majority took hold.
Persons: Donald Trump, Samuel Alito, Alito, Elena Kagan, Clarence Thomas, Ketanji Brown Jackson, John Roberts, Richard Nixon, Bill Clinton, Sonia Sotomayor, Kagan, Jackson, Blacks, Purcell, , Amy Coney Barrett, , ” Barrett, Roberts, ” They, Bush, Feedback Kavanaugh, Gore, Cooper, Harris, ” Kagan, ” Alito, Joe Biden’s, Biden, Martha, Ann, , Alito tersely, Kagan’s, Edwin Kneedler, ” Roberts, Kneedler, Joshua Turner, Sotomayor, ” Sotomayor, Turner, interjected Organizations: CNN, Trump, Consumer Financial Protection Bureau, Liberal, GOP, White voters, Congress, Gore, South, American, Capitol, New York Times, US Justice Department Locations: America, Colorado, South Carolina, Carolina, Louisiana, Virginia, New Jersey, American, Alito’s, Jersey, Grants Pass , Oregon, Idaho, The Idaho
London CNN —Money generated by Russian financial assets frozen in Europe will soon start flowing to Ukraine, giving Kyiv a boost as it struggles to counter an advance by Moscow’s troops. The plan “would essentially bring forward that flow of interest proceeds from the assets… (through a loan) given to Ukraine,” Yellen told broadcaster Sky News in an interview this week. “Ukraine has substantial needs, and being able to marshal significant resources to help Ukraine is important,” she said. Most of the frozen Russian money is held in Europe, and the euro is the world’s second-most important currency after the US dollar. This would give Kyiv access to a much larger amount of money than using future or current windfall profits from Russian assets.
Persons: Janet Yellen, ” Yellen, Gabriel Bouys, Joe Biden, ” Lee Buccheit, Trade Valdis Dombrovskis, Yellen, there’s, , Buchheit, Putin, Organizations: London CNN, Union, Sky News, , US, Getty, University of Edinburgh Law School, CNN, EU, Trade, Reuters, Russia, Ukraine, World Bank Locations: Europe, Ukraine, West, Italy, Russia, Ukraine’s, Kharkiv, Frankfurt, Germany, “ Ukraine, Stresa, AFP, EU, Belgium, Kyiv
How the super rich party at the Monaco Grand Prix
  + stars: | 2024-05-24 | by ( Susan Griffin | ) edition.cnn.com   time to read: +8 min
British driver Lewis Hamilton of Mercedes looks walks the drivers parade before the Formula 1 Grand Prix at the Circuit de Monaco on May 28, 2023. Here, designer stores, supercars, multi-million-dollar yachts and astronomically priced restaurants are ‘la norme’, but during the three-day Grand Prix, the eye-watering ostentation increases three-fold. Amber Lounge might be one of the most exclusive and expensive events taking place during the Monaco Grand Prix weekend, but Monte Carlo itself is a veritable party hub. “As a former resident, I can tell you there are two sides to the F1 Grand Prix arriving in Monaco. Fans watch the action during qualifying at the F1 Monaco Grand Prix.
Persons: , Tom Holland, Lewis Hamilton, Mercedes, Dan Mullan, revel, Cipriani, Sass Café, Max Verstappen, Justin Bieber, Kim Kardashian, Kylie Minogue, Prince Albert of Monaco, Eddie Irvine’s, Sonia, Amber, Lauren Green, Joash Lee, partygoers, Jax Jones, Monte, Bruce Bundrant, ” Bundrant, Ryan Pierse, Green, Organizations: CNN, Monaco, Prix, Circuit, Getty, Business Development, AS Monaco FC, Locations: Monte Carlo, British, Fairmont, Hôtel Hermitage, Hôtel, Paris, Le Meridien, Monaco, Singapore, Las Vegas, Abu Dhabi
In “Baby Reindeer,” Gadd’s stalker is portrayed as unattractive and mentally ill — someone whom her victim actually feels sorry for. “Baby Reindeer,” rated TV-MA by Netflix for “language, nudity, sex, sexual violence, substances,” only has a viewer discretionary warning before “Episode 4” wherein Gadd’s character is sexually assaulted. Information is also available on sexual assault, sexual violence and relationship abuse. Neither Netflix nor the “You” and “Baby Reindeer” teams responded to CNN’s requests for comment. Fleitman hopes “Baby Reindeer” can raise awareness for stalking victims, like men and so-called “imperfect victims” whose stories may not look like the ones we’re used to seeing.
Persons: Richard Gadd, Donny, Martha, Joe Goldberg, Dr, Lorraine Sheridan, don’t, ” Sheridan, “ I’ve, ” Gadd, “ I’m, Donny Dunn, Gadd, Edward, ” Emilio Estevez’s, Andie MacDowell’s, Penn Badgley, Joe, Goldberg, Sheridan, Stalkers, stalkers, we’ve, , Dana Fleitman, Anna Nasset, ” Nasset, , aren’t, they’re, ” Fleitman, Fleitman, Edward Cullen, Robert Pattinson, Kristen Stewart, Bella, “ we’re, , Nasset, femicides, weren’t, Dana, Resouces, Alice Ruggles Organizations: CNN, Hollywood, Netflix, Resource Center, Resources, SPARC, for Disease Control, US Department of Justice, National, HOPE VictimConnect, National Center for Locations: “ St, Elmo’s, California, Edinburgh, Scotland
Luckily, Goldman hadn't filled the role, so I started working for them in November 2018. Working at Goldman Sachs would always be limitingI liked working as a trader at Goldman, but it wasn't fulfilling. I slowly realized that working for Goldman or any company, the end goal is limited to possibly being a partner. At the same time all this was happening, Luna Crypto, followed by the crypto market, crashed. AdvertisementThe crypto industry had been decimated, and I'd lost around two-thirds of my savings in cryptocurrency.
Persons: , Hong, Goldman Sachs, wasn't, Goldman hadn't, There's, I'd, Matthew, Aaron, He'd, Aron, Goldman, Luna Crypto, I, FTX, We're Organizations: Service, Credit Suisse, Business, Amazon, Goldman Locations: Hong Kong, Canada, Barcelona, Singapore, cryptocurrency
CNN —Facing a crowd of journalists, inventor Thomas Midgley Jr. poured a lead additive over his hands and then proceeded to inhale its fumes for about a minute. Unfazed, he said, “I could do this every day without getting any health problems whatsoever.”Soon afterward, Midgley needed medical treatment. The task of addressing the issue of engine knocking fell to Midgley while he was working at General Motors in 1916. An estimated 1 million people a year still die from lead poisoning, according to the World Health Organization. The toxicity of lead was already well-known when Midgley added it to gas, but that didn’t stop Ethyl from becoming a commercial success.
Persons: Thomas Midgley Jr, , , Midgley, , Ford, Gerald Markowitz, Colin Creitz, Charles Kettering, ” Markowitz, ” Midgley, Bill Kovarik, Midgley —, Kettering —, Freon, Joe Sohm, CFCs, Perkin, Priestley, Kettering, Willard Gibbs, Carl E, ” Kovarik, Markowitz, I’m Organizations: CNN, General Motors, City University of New, GM, Standard Oil, DuPont, Network, UNICEF, World Health Organization, Radford University, America, Montreal Protocol, International Association for Suicide Prevention, Befrienders, Society of Chemical Industry, American Chemical Society, National Academy of Sciences, TNT, Linde Locations: Beaver Falls , Pennsylvania, United States, City University of New York, Algeria, American, Dayton , Ohio, Virginia, Montreal, Chicago
Decisions on additions and deletions to the Dow is made by the S & P Dow Jones Indices Index Committee. The S & P Dow Jones committee also wants to maintain adequate sector representation and it may come to believe there are other companies that better represent that corner of the market. Finally, there is the stock price issue. Unlike the S & P 500, the Dow is price weighted. Bottom line: Nvidia's 10-for-1 stock split makes it a Dow contender, but the committee has a clear preference for stocks that are well-seasoned, and not just sudden superstars.
Persons: Dow, Dow Jones Organizations: Nvidia, Intel, Dow Industrial, Dow, Companies, Cisco, Verizon Communications
According to Eurostat, the EU statistical office, the average Croatian leaves their parents' home at over 33 years of age, its highest figure. Joshua Zitser/Business InsiderIn the US, almost everyone has moved out by then. Joshua Zitser/Business InsiderWhile tourism brings economic opportunities for Vukovic and many others, he says it has also worsened the already dysfunctional housing market. But in parts of Dubrovnik, Vukovic explained, that's not feasible. Joshua Zitser/Business InsiderFor Josip Crncevic, 34, prices feel far out of reach.
Persons: , Joshua Zitser, Malohodžić, Ivan Vukovic, Vukovic, Filip Brkan, that's, Josip Crncevic, Crncevic, homeownership, it's, he'd, Marija, Sanja, Angelo, Cikato, Diana Marlais, Bogdan Dascalescu, wouldn't Organizations: Service, Croatian, Business, Eurostat, BI, UNESCO, Heritage, King's, Real Estate Business Association of, Croatian Chamber Locations: Dubrovnik's, Croatia, Dubrovnik, Independence, HBO's, Dubrovnik's suburbs, Marija
Since the constitutional right to abortion was taken away in Dobbs v. Jackson Women's Health Organization in 2022, Democratic spending on abortion-related ads has jumped. Line chart showing the percentage of television ad spending devoted to abortion from 2018 to 2024. Democratic spending jumped up to around one-third in 2022 after the Dobbs ruling and has stayed high. In the first four months of this year alone, 48 percent of Democratic ad spending on broadcast networks in Pennsylvania centered on abortion. Democrats are seizing the moment, devoting two-thirds of their ad spending to abortion there.
Persons: Roe, Wade, Dobbs, Emily Holzknecht, Adam Westbrook, Trump, overperformed, , N.M, Andy Beshear’s, Daniel Cameron’s, Mr, Biden Organizations: Democratic, Republican, Republicans, Jackson, Health Organization, Democrats, Republicans Pennsylvania, Arizona, Michigan, Georgia, Wisconsin, Supreme Court, Data, Pew Research, Ore ., Nev . Ohio Ill, Conn . Iowa Pa, Ind, Del . Utah Colo, Religion Research Locations: Dobbs v, Pennsylvania, Michigan, Arizona, Georgia, . Arizona, . Maine, Mont, Minn . Vt, Ore, Ore . Idaho, Wis, N.Y, S.D . Mich, R.I, Wyo, Conn . Iowa Pa . N.J, Nev . Ohio, Del . Ind . Utah Md, Colo, W.Va . Va . Calif, Kan, Mo, Ky, N.C, Tenn, Okla, ., N.M . Miss ., Ala . Texas, Fla . Alaska Hawaii, Conn . Iowa, Neb . N.J, Del . Utah, W.Va . Md . Va . Calif, United States, Nevada , Arizona , Montana , Colorado, South Dakota , Nebraska , Missouri , Arkansas, Florida , New York, Maryland, Nevada , Arizona , Wisconsin , Michigan, Kentucky, Gaza, Ukraine
Semaglutide, the compound in the blockbuster drugs Ozempic and Wegovy, dramatically reduced the risk of kidney complications, heart issues and death in people with Type 2 diabetes and chronic kidney disease in a major clinical trial, the results of which were published on Friday. The findings could transform how doctors treat some of the sickest patients with chronic kidney disease, which affects more than one in seven adults in the United States but has no cure. The trial, funded by Ozempic maker Novo Nordisk, was so successful that the company stopped it early. Dr. Martin Holst Lange, Novo Nordisk’s executive vice president of development, said that the company would ask the Food and Drug Administration to update Ozempic’s label to say it can also be used to reduce the progression of chronic kidney disease or complications in people with Type 2 diabetes. Diabetes is a leading cause of chronic kidney disease, which occurs when the kidneys don’t function as well as they should.
Persons: Ozempic, , Katherine Tuttle, Martin Holst Lange, Novo, Subramaniam Pennathur Organizations: University of Washington School of Medicine, Renal Association, The New England, of Medicine, Novo Nordisk, and Drug Administration, Diabetes, Michigan Medicine Locations: United States, Stockholm, The
Over the past two centuries, Nantucket has gone from a whaling town to a hippie refuge to a holiday hot spot for billionaires. "To use a well-worn phrase, come hell or high water, people are still buying multimillion-dollar homes on Nantucket." Between 2030 and 2100, the number of structures exposed to coastal erosion is expected to go from 113 to 860. "Without erosion, this would be an extremely valuable area," Baxter Road resident Joshua Posner told BI. "It's not inexpensive, but it is worth doing," Posner told BI.
Persons: Steve Schwarzman, Eric Schmidt, Barry Sternlicht, Elizabeth Gibson, David L, Ryan, Bruce Percelay, Edward Sanford's, he'd, Percelay, Greg Mckechnie, you'd, Barry Sternlicht's, Suzanne Kreiter, Shelly Lockwood, who's, I'm, Joshua Posner, Jack Welch, Bill Belichick, , Sanford, Lockwood, Nature, Yorker Brendan Maddigan, Maddigan, Mckechnie, Schwarzman, She's, Posner, he's, Helmut Weymar, Anne Atherton Organizations: Resilience, Business, Boston Globe, Getty, Estate, Nantucket, Coastal, Nantucket's Cisco, Cisco, Beach, Patriots, Yorker, Preservation Fund, Baxter, Conservation, Conservancy, The New York Times, Conservation Commission, Nature Locations: Nantucket, England, Cape Cod, Nantucket's, Madaket, Sconset, Brant, Baxter
OpenAI on Thursday backtracked on a controversial decision to, in effect, make former employees choose between signing a non-disparagement agreement that would never expire, or keeping their vested equity in the company. The internal memo, which was viewed by CNBC, was sent to former employees and shared with current ones. The memo said OpenAI will also not enforce any other non-disparagement or non-solicitation contract items that the employee may have signed. "As we shared with employees, we are making important updates to our departure process," an OpenAI spokesperson told CNBC in a statement. Bloomberg first reported on the release from the non-disparagement provision.
Persons: Sam Altman, OpenAI, Vox, ChatGPT Organizations: Microsoft, CNBC, Bloomberg Locations: Redmond , Washington, OpenAI
For some, they are the thing of nightmares – omphalophobia (the fear of belly buttons) is a real condition. Whatever your feelings about belly buttons, one thing’s for sure - it once joined you to your mother. The umbilical cord is severed at birth to leave just a small clamped stump that progressively withers and falls away a week or two later. From this point, the belly button seems to become redundant – other than to gather dust and fluff. This circulation is not needed after the baby is born, and once disconnected from the placenta the umbilical vessels naturally close up.
Persons: – omphalophobia, that’s, Mary Joseph Dempsey, William Mayo, Mary Joseph, Dempsey, Hamilton Bailey, Mary Joseph’s, caput, Medusa, Perseus, Dan Baumgardt Organizations: CNN, Mayo, of Physiology, University of Bristol Locations: Minnesota, Mayo, United Kingdom
Road trips, in particular, are expected to set a record, which could send gas prices higher. But, just as a US president cannot solely take the blame for surging oil prices, nor can he or she, in most cases, be entirely credited for steadying prices. “This is a non-starter and won’t do much to lower gas prices,” GasBuddy’s Patrick DeHaan said. In the wake of Russia’s invasion of Ukraine in 2022, Biden attempted to stem rising oil prices by authorizing the release of 180 million barrels of oil in coordination with US allies overseas. Gas prices have remained steady in recent weeks after rising sharply at the end of winter.
Persons: Biden, Jennifer Granholm, , ” GasBuddy’s Patrick DeHaan, Obama’s, Sandy, Tom Kloza, , Kloza, Matt Egan Organizations: CNN, AAA, Federal Aviation Administration, Gasoline Supply, , Congress, US Energy Information Administration, US Department of Energy, Oil Price Information Service Locations: New York, Maine, Ukraine
The time may have finally come for small-cap stocks to have their moment in the sun, according to Jefferies. "We have seen some improvement in absolute and relative performance and think we could have hit an inflection point," wrote Jefferies strategist Steven DeSanctis. Still, he said there's one caveat: small-cap earnings look weak on an absolute basis. "As the year rolls along, small-cap earnings are set to broaden, accelerate, and play a game of catch-up with large." Jefferies' price target of $140 is nearly 32% higher than where shares of ArcBest closed on Thursday afternoon.
Persons: Jefferies, Steven DeSanctis, Schrodinger Organizations: Nvidia, Boston Beer, Boston, Software, pharma, . Trucking Locations: ArcBest
CNN —Carlo Acutis, an Italian teenager and computer prodigy who earned the nickname “God’s influencer,” is set to become the Catholic Church’s first millennial saint. Pope Francis has recognized a second miracle attributed to Acutis, a gamer and computer programmer who died from leukemia in 2006 at age 15. Many attended the beatification ceremony of Carlo Acutis at the St. Francis Basilica on October 10, 2020 in Assisi, Italy. Vatican/Getty ImagesDuring his life, Acutis used his technological skills to spread awareness of the Catholic faith, including setting up a website documenting miracles. Prospective candidates for sainthood normally need to have two miracles attributed to them before they can be canonized.
Persons: CNN — Carlo Acutis, God’s, Pope Francis, Acutis, Carlo Acutis, Francis Basilica, , Pope, Acutis –, , Mario, Pokémon Organizations: CNN, Catholic Locations: Italian, Assisi, Italy, London, Milan, Costa Rica, Florence
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