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☆ Manchester United 3-2 Newcastle United: Ten Hag’s side bounce back, Amad and Gordon shine
▼ + stars: | 2024-05-15 | by ( Mark Critchley | Chris Waugh | ) www.nytimes.com time to read: +8 min

Mark Critchley and Chris Waugh analyse the main talking points from Old Trafford…What does this mean for Manchester United? Mark CritchleyWhat does this mean for Newcastle United? Howe’s side are level on points with Manchester United, but above Ten Hag’s team on goal difference, a factor which could yet prove critical. Newcastle’s season-long away form, which is merely the 15th-best in the Premier League, has held them back throughout the campaign. What next for Newcastle United?

Persons: Newcastle United’s, Premier League Kobbie Mainoo, Anthony Gordon, Rasmus Hojlund, Lewis Hall, Mark Critchley, Chris Waugh, Erik, Mainoo, Oli Scarff, Stu Forster, Newcastle’s, Bruno Fernandes, Antony, Amad’s, Marcus Rashford, Alejandro Garnacho, Gordon, Aaron Wan, Jacob, St James ’ Park, they’ve, I’m, “, Eddie Howe, Roberto De Zerbi’s, Eddie Howe’s, — Organizations: Old, Manchester United, FA, Manchester City, Brighton, Premier League Kobbie, Newcastle, Arsenal, Getty, Europa League, Premier League, Newcastle United, Chelsea, Bournemouth, Brentford, Sunday, Europa Conference League, Ten, Manchester United’s, Manchester, St James, “ Newcastle, Sunday’s, Gtech Locations: Newcastle, Old Trafford, Europe, Crystal, AFP, Manchester, Brighton, Griffin

☆ Time Is Running Out for Rahul Gandhi’s Vision for India
▼ + stars: | 2024-04-20 | by ( Samanth Subramanian | ) www.nytimes.com time to read: +2 min

The crush of people at the rally was suffocating, although in India a crowd is no index of popularity. At 53, with a well-salted beard and serious eyes, he’s too old to be called Congress’s “scion,” but he still wears the sheen of dynasty. Then, on the heels of several corruption scandals, the mighty party — 140 years old next year — came unstuck. One of Modi’s successes has been not just to trounce the Congress Party but also to persuade people that the party has weakened India and emasculated its Hindus. (Amnesty itself halted its work in India in 2020, in the midst of what it later called an “incessant witch hunt” by the government.)

Persons: —, Gandhi, Jawaharlal Nehru, Indira, Rajiv, Sonia, Modi, ” Organizations: Congress, Party, Amnesty, World Press Locations: India, Pakistan, Bangladesh, Afghanistan, Russia

☆ How Dana Walden could defy critics and become Disney's first female CEO
▼ + stars: | 2024-04-01 | by ( Alex Sherman | ) www.cnbc.com time to read: +22 min

The appointment would make Walden the first female CEO of the Walt Disney Co. in its 100-year history. "Anybody they choose will have never been the Disney CEO prior to that." At Disney, Walden has hit several home runs, including FX's "The Bear," Hulu's "The Dropout" and "Only Murderers in the Building," and ABC's "Abbott Elementary." Former Disney CEO Bob Chapek CNBCChapek climbed the corporate ladder at Disney for 30 years by showcasing his business and finance chops. Combating female stereotypesIf Walden were appointed CEO, she would be the first woman to run the century-old company.

Persons: Dana Walden, Disney Entertainment Rich Polk, Peter Chernin, Rupert, Walden, Bob Iger, he'd, Fox, Chernin, Peter Roth, Roth, Peter Chernin Getty, Josh D'Amaro, Jimmy Pitaro, Alan Bergman, Nelson, Peltz, Iger, Bob Chapek, Walden's, Bergman, she's, hasn't, —, Walden —, Dana doesn't, Jennifer Salke, Jennifer Salke Stephen Desaulniers, CNBC Walden, Richard Plepler, Craig Hunegs, Carol Burnett's, Carrie Hamilton, George Burns, Dean Martin, roasts, Martin, Buddy Hackett, Matt Walden, Bender, Goldman, she'd, Arsenio, Lucie Sulhany, Dana Walden Jason Laveris, Gary Newman, Newman, It's, Dana, Ryan Murphy, John Landgraf, Jan, Seth MacFarlane, Guy, Tuck, MacFarlane, Murphy, Steve Levitan, Dan Fogelman, Rick Rosen, Rosen, Howard Gordon, Levitan, Peter Rice, Rice, wasn't, Chapek, Rich Appel, Gary, it's, Percy Jackson, didn't, Bob Chapek CNBC Chapek, showrunners, Scarlett Johansson, Kristina Schake, Jay Sures, Sures, Amazon's Salke, Greta Gerwig, Gloria, Murphy's, Miss Jones, There's, Steve Levitan Peter, Hopper, Critics, She's, Salke, WME's Rosen Organizations: Disney Entertainment, Getty, Century Fox Filmed Entertainment, Rupert Murdoch's News Corp, Walt Disney Co, Century Fox, Fox, Century Fox Television, Warner Bros, Disney, ESPN, Entertainment, CNBC, Trian Partners, Iger, Amazon Studios, HBO, Disney TV Studios, Hollywood, Westlake School for Girls, Harvard, Westlake School, The Friars Club, University of Southern, Paramount, Paramount Domestic Television, Filmmagic, Fox Broadcasting, Walden, CBS, FX Networks, Bob Chapek CNBC, Indiana University, Michigan State University, United Talent Agency, Hulu Locations: Santa Barbara , California, Walden, Brentwood , California, She's, Disney's, Studio City, Los Angeles, Las Vegas, University of Southern California, Chapek, Hollywood, Walden's, Iger, America

☆ TEDx Talk host who spent 10 years interviewing experts on love: 5 ways to get unstuck from an intense crush and save your relationships
▼ + stars: | 2024-03-11 | by ( Amanda Mccracken | ) www.cnbc.com time to read: +4 min

I would waste time and energy fantasizing about relationships with men who I inexplicably found flawless, but in reality were emotionally or physically unavailable. I've spent 10 years interviewing experts on longing, as well as people who've experienced limerence, for my podcast The Longing Lab, TEDx talk, and forthcoming book, "When Longing Becomes Your Lover." The emotional reward was the happy hormone dopamine I'd feel from imagining a relationship together or anticipating a response. Writing it down helped me believe it — and recognize my limerent feelings toward unavailable men as a dead end. I found his love and availability very attractive — something I never would have seen in my 20s and 30s.

Persons: —, I've, Lisa Wade's, haven't, Jennifer Douglas, Douglas, I'd Locations: perfectionism

☆ Happiness researcher: The exact blueprint that will help you achieve your biggest career goal
▼ + stars: | 2024-02-22 | by ( Stephanie Harrison | ) www.cnbc.com time to read: +4 min

Whether it's starting a business or mastering an ambitious skill, having big career goals can be exciting but overwhelming. How do you successfully achieve them while navigating the demands and responsibilities of daily life? As a researcher in the science of happiness, I was lucky: I was able to learn the secrets that helped me make my journey a little easier. Identify your 'what' and 'why'My "what" was writing a book, and my "why" was to help people find greater happiness. One study that inspired me studied scientists who were striving to achieve extremely long-term objectives, like finding cancer treatments and seeking out extraterrestrial life.

Persons: I'm, me

☆ Trump’s crushing fraud trial defeat is a microcosm of a life defined by breaking all the rules
▼ + stars: | 2024-02-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Practically, Engoron’s decision will impose severe financial and personal strain on Trump as he’s emerging as the almost certain Republican presidential nominee. “He’s already said he’s going to spend most of this year in a courtroom, not on a campaign trail. Flouted rules, new realities and a busted legal strategyTrump’s belief that the rules are for others defines his business and political life. Yet this refusal to ever admit defeat also appears to be leading Trump into dangerous legal territory. His flawed philosophy that in business and life, it’s all about closing one more deal, means that even crushing defeats like the 2020 election and his fraud trial cannot change him.

Persons: Donald Trump’s, Trump, Arthur Engoron’s, —, Joe Biden, “, Biden, ” Trump, Jean Carroll, Engoron, It’s, Elise Stefanik, Nikki Haley, ” Haley, “ He’s, ” Friday’s, Tom Suozzi’s, marveled, ”, Donald Trump, Letitia James, wouldn’t, Michael D’Antonio, “ Trump, Neama Rahmani, I’ve Organizations: CNN, Trump, DOJ, Trump Organization, Republican, East Coast, South, GOP House, New York, West Locations: New York, Manhattan, Florida, York, United States, he’s, South Carolina, Washington, Georgia, American

☆ My parents were extremely strict growing up, but now they are laid-back grandparents. I'm learning to accept the new versions of them.
▼ + stars: | 2024-02-04 | by ( Ryan Crawley | ) www.businessinsider.com time to read: +4 min

Any sign of affection just didn't happen when we were young children, and it didn't change as we grew older. My parents told me to get my foot unstuck through angry shouts. When my foot came out of the shoe, I promptly fell backward out of the tree and hit the ground with a groan. And even though I'm an extremely caring parent, I can see how my parents may have felt overwhelmed. AdvertisementPerhaps my parents are evolvingRather than overthink how unfortunate things happened as a child, I should congratulate my parents on evolving for the good.

Persons: —, They're, there's Organizations: Service, Business

☆ A Leading Memory Researcher Explains How to Make Precious Moments Last
▼ + stars: | 2024-02-04 | by ( David Marchese | ) www.nytimes.com time to read: +9 min

Mamadi Doumbouya for The New York Times Talk A Leading Memory Researcher Explains How to Make Precious Moments LastOur memories form the bedrock of who we are. Tell me more about what you mean when you say “illusion.” I probably overstated it with the word “illusion,” but there is an illusionary component. But if you think about it from an evolutionary perspective, memory, often, is educated guesses by the brain about what’s important. You know, the training environment I was in was very down on psychoanalysis, but it always comes back to memory. We have these little compartments that are rooted somewhat in memory that we can access at different moments.

Persons: Mamadi Doumbouya, ”, Charan Ranganath, Davis, Ranganath, ” Ranganath, You’re, “, shoplifted, there’s, We’re, Charan, UC Davis, you’re, you’ve, Sasha Bakhter, It’s, hadn’t Organizations: The New York Times, University of California, UC, Smiths, UC Davis Locations: Davis

☆ ‘Happy Days’ Got Us Unstuck in Time
▼ + stars: | 2024-01-15 | by ( James Poniewozik | ) www.nytimes.com time to read: +2 min

Mention “Happy Days” to TV viewers of a certain age (raises hand) and the first thing they remember might be not an episode or a scene or a catchphrase but a lunchbox. To remember “Happy Days” is to remember your youth, which was also the function of “Happy Days” when it premiered in 1974. Now “Happy Days” is 50 years old. Last year, that series’s sequel, “That ’90s Show,” created a ’90s version of the ’70s version of the ’50s. “Happy Days” was nostalgic because the teenagers weren’t smoking weed.

Persons: Henry Winkler, greaser, Arthur Fonzarelli, Spike Jonze, Buddy Holly, ” Organizations: Smithsonian Locations: Wisconsin

☆ Australia outclass Finland to return to Davis Cup final
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +3 min

MALAGA, Spain, Nov 24 (Reuters) - Australia reached a second successive Davis Cup final when Alex de Minaur overpowered Emil Ruusuvuori 6-4 6-3 after Alexei Popyrin beat Otto Virtanen 7-6(5) 6-2 to earn the 28-time champions a 2-0 win over Finland on Friday. "Extremely proud moment but I could have not done it without these guys," De Minaur said, pointing to his team. Popyrin, a late switch for the injured Thanasi Kokkinakis, grabbed the first break in the second set when Virtanen hit two successive double faults as Australia sensed an opportunity. "It's nerves that I've never experienced before in my life, the nerves playing the first tie, the first rubber of a Davis Cup, winning my first live rubber of a Davis Cup. De Minaur said Australia would be tricky opponents for any team in the final and tipped the doubles duo of Matthew Ebden and Max Purcell to play a vital role.

Persons: Alex de Minaur, Emil Ruusuvuori, Alexei Popyrin, Otto Virtanen, Lleyton Hewitt's, De Minaur, Alexei hasn't, Popyrin, Thanasi Kokkinakis, Virtanen, I've, Matthew Ebden, Max Purcell, We've, Shrivathsa Sridhar, Toby Davis, Ed Osmond, Ken Ferris Organizations: Davis, Finland, Friday, men's, Finns, Ruusuvuori, Canada, Australia, Thomson Locations: MALAGA, Spain, Australia, Canada, United States, Serbia, Italy, Finland, Malaga, Netherlands, Czech Republic, Fuengirola, Bengaluru

☆ How a Traumatic Brain Injury Changed Me - The New York Times
▼ + stars: | 2023-11-22 | by ( Kelly Barnhill | ) www.nytimes.com time to read: +16 min

I told my speech therapist that I was frustrated that I haven’t been able to write fiction since experiencing a traumatic brain injury — which means that I am still, after nearly two years, unable to do my job. Over 1.5 million Americans experience a traumatic brain injury each year. The toll of traumatic brain injuries and the mystery of how the brain repairs itself, or doesn’t, is still perplexing and under-researched. I had to invent a new process in order to tackle the project: ideas inscribed one at a time, thought by thought, sentence by sentence, on note cards, each composed over days, weeks, months. Once there was a queen who fell under a spell, causing her to sink into a deep sleep for a long, long time.

Persons: I’ve, ”, me holler, I’d, that’s, snowflakes, I’m, It’s, —, “, giveth, Lord taketh, Keats, Butler, Vonnegut, unstuck, Weeks Locations: Florida, —

☆ Economics and nature square off in Dubai Airshow jet engine rift
▼ + stars: | 2023-11-17 | by ( Tim Hepher | ) www.reuters.com time to read: +5 min

The head of the world's largest international carrier was speaking in the midst of negotiations to buy dozens of Airbus A350-1000 jets powered by Rolls-Royce's XWB-97 engine, which have foundered for now over maintenance and pricing issues. I happen to be a service," Emirates President Tim Clark told reporters this week. INSURANCE-TYPE DEALSWhile the visible face of engine makers is technology, the way they generate much of their income resembles insurance. Rather than charge for repairs as they arise, engine makers increasingly strike long-term deals priced by the flight hour, agreeing to swallow the cost of planned and unexpected outages. To engine makers it means generating cash as soon as the engine enters service rather than waiting for shop visits.

Persons: Denis Balibouse, Tim Clark, Royce's, Larry Culp, Tufan Erginbilgic, Royce, Clark, Rolls, Nick Cunningham, Tim Hepher, Alexander Cornwell, Pesha Magid, Sarah Young, Rajesh Kumar Singh, David Evans Organizations: Boeing, Emirates, Cointrin Airport, REUTERS, Rights, Airlines, Royce, Airbus, GE Aerospace, Reuters, GE, Agency Partners, Thomson Locations: Cointrin, Geneva, Switzerland, Rights DUBAI, Dubai, India, Gulf

☆ Oprah Winfrey: Here's the 'No. 1 signal' you're stuck in your career—and what to do about it
▼ + stars: | 2023-11-16 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

Oprah Winfrey is a media mogul worth $2.5 billion, but even she has felt stuck and confused at different points throughout her career. Like many young people, Winfrey held jobs early in her career that did not bring purpose or meaning to her life. You might not realize you are stuck in your career until you burn out, Winfrey told Wanga. In order to step into the most powerful version of yourself, you need to have clarity of intention, Winfrey told Wanga. "I spent many years talking to my audiences after the show, and I would always say, 'Tell me what you want.

Persons: Oprah Winfrey, Winfrey, Caroline Wanga, she's, Wanga, Gary Zukav's, haven't, —, Warren Buffett Organizations: Essence Ventures, WJZ Locations: U.S

After 525 basis points of interest rate hikes, financial conditions are now the tightest in a year, and biting. JPMorgan strategists estimate that the impact on GDP from tightening financial conditions takes anywhere from one to two years to be felt. Reuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsThe renewed weakness of U.S. regional bank shares is one of them. Reuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsBNP Paribas analysts reckon the impact on GDP growth from tighter financial conditions recently equates to a 40 basis point rate hike. Around a third of the bank's financial conditions index rise since April is from higher bond yields.

Persons: Brendan McDermid, Goldman Sachs, Torsten Slok, Morgan Stanley, Jerome Powell, Jamie McGeever, Andrea Ricci Organizations: New York Stock Exchange, REUTERS, Rights, Fed, Treasury, Wall, JPMorgan, National Federation of Independent, Reuters, Thomson Locations: New York City, U.S, Rights ORLANDO , Florida, October's

☆ Dating apps can embrace gamification of hookups
▼ + stars: | 2023-10-06 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +3 min

The dating app Tinder is shown on a mobile phone in this picture illustration taken September 1, 2020. The dating app owned by Match (MTCH.O) said last week it’s rolling out a subscription tier called “Tinder Select” that will cost $500 a month. The $12 billion company could make even more money if it approached hookups the way computer games hook users. By contrast, if a hefty 1% of Tinder’s current subscribers sign up for Tinder Select, they will pay an extra $600 million. Follow @thereallsl on XCONTEXT NEWSMatch’s dating app Tinder is launching a premium service named “Tinder Select” for $499 a month.

Persons: Akhtar Soomro, Bernard Kim, Tinder, Peter Thal Larsen, Sharon Lam, Aditya Sriwatsav Organizations: REUTERS, Reuters, Match, Apps, Tinder, Reuters Graphics Reuters, Thomson Locations: Plenty

☆ The Queen’s question returns with a vengeance
▼ + stars: | 2023-10-06 | by ( Felix Martin | ) www.reuters.com time to read: +7 min

The world’s leading central banks had spent the previous two decades focusing on low inflation, neglecting risks to financial stability. Central bankers counter correctly that predictive accuracy is not the same as explanatory power. Yet it is far from clear how today’s independent central banks should respond to these overtly political struggles. In 2021, when the Phillips Curve was asleep at the wheel, the growth in the money supply was flashing red. The unfortunate truth is that there are many answers to the Queen’s question this time round – but no single magic solution.

Persons: Elizabeth, Prince Andrew , Duke, York, Prince Philip , Duke of Edinburgh, Tom Nicholson, Queen Elizabeth, Ben Bernanke, don’t, Phillips, Isabella Weber, Guido Lorenzoni, Andrew Bailey, monetarism, Milton Friedman, Anna Schwartz, Winston Churchill, Bernanke, Peter Thal Larsen, Oliver Taslic, Thomas Shum 私, 「 Organizations: Westminster Abbey, REUTERS, Reuters, Bank of England, U.S . Federal, Phillips, University of Massachusetts Amherst, University of Chicago, MIT, United, 「 Reuters Locations: Westminster, London, Britain, British, Central, Ukraine, Paris, United States

☆ Champions City shocked by Wolves, Manchester United lose again
▼ + stars: | 2023-09-30 | by ( Peter Hall | ) www.reuters.com time to read: +4 min

MANCHESTER, England, Sept 30 (Reuters) - Champions Manchester City slipped to a shock first Premier League defeat of the season at Wolverhampton Wanderers on Saturday, while Manchester United's campaign of woe continued with a loss to Crystal Palace. United slumped to their fourth loss of the Premier League season as an early Joachim Andersen strike gave Palace a 1-0 win at Old Trafford. With nine points and a minus four goal difference, this is 10th-placed Manchester United's worst-ever start to a Premier League season after seven games. CITY COME UNSTUCKUnited's rivals City had been having no such bad luck this term and made the trip to Wolverhampton having won all six of their opening league games. Newcastle United also continued their winning streak with a 2-0 victory over Burnley, while West Ham United beat Sheffield United 2-0 at London Stadium.

Persons: Joachim Andersen, Andersen, Sam Johnstone, Erik ten Hag, Ruben Dias, Pedro Neto's, Julian Alvarez, Jose Sa, Hwang Hee, Cunha, Pep Guardiola, Kai Havertz, Martin Odegaard, Ben White, Mikel Arteta's Arsenal, Andoni Iraola's, Thomas Kaminski, Luton's, Villa, Ollie Watkins, Peter Hall, Clare Fallon Organizations: Manchester City, Premier League, Wolverhampton Wanderers, Crystal, Arsenal, Bournemouth, Luton Town, Everton, Old, Brighton & Hove Albion, Manchester, CITY, City, Wolverhampton, Wolves, Newcastle United, League, London, Luton, Aston Villa, City . Newcastle United, Burnley, West Ham United, Sheffield United, Tottenham, Liverpool, Thomson Locations: MANCHESTER, England, Manchester, Old Trafford, Saturday's

☆ Banc of California set to merge with rival PacWest
▼ + stars: | 2023-07-25 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —PacWest Bancorp (PACW) is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings results. The move aims to restore confidence in the sector after the collapse of three regional banks earlier this year. Banc of California reported a much smaller decline in net income of $2.4 million last quarter. PacWest has been under considerable pressure after Silicon Valley Bank failed in March, sending shock waves across regional banks in the United States. Once the deal closes, PacWest shareholders are set to receive 0.66 of a share of Banc of California for each share they own.

Persons: “, ”, Jared Wolff, Wolff, PacWest, SVB, Warburg Pincus Organizations: New, New York CNN — PacWest, Western Bank, Beverly, Santa, Bank, Federal Reserve, Centerbridge Partners, Wall Locations: New York, Banc, California, Santa Ana, United States

☆ Post-it maker 3M is in danger of coming unstuck
▼ + stars: | 2023-07-19 | by ( Jeffrey Goldfarb | ) www.reuters.com time to read: +10 min

There will be up to $1.5 billion of costs related to separating the health care business, 3M has said. Its interest cover, after backing out estimated operating income from health care, would fall to about 4 times from 11 times. And its net debt, using all these assumptions and excluding the health care division, would swell to nearly 5 times EBITDA from less than 2 times. Back out $2.5 billion from health care, as estimated by the Morgan Stanley team, and $1.5 billion of capital expenditure costs noted by Wolfe Research. For example, the water settlement, as drafted, only envisions $4.6 billion of outlays through 2025, and the rest over the ensuing 11 years.

Persons: Mike Roman, Roman, Sackler, Johnson, Aearo, ”, Morgan Stanley, Smith, Nephew, Lauren Silva Laughlin, Streisand Neto Organizations: YORK, Reuters, U.S . Environmental, Purdue Pharma’s, Association of Metropolitan Water Agencies, Bayer, Monsanto, Aearo Technologies, Partners, Honeywell International, Siemens, 3M, Refinitiv, Reuters Graphics, Wolfe Research, Thomson Locations: . Oregon, Republic, Corning

☆ What do we know about the US solider in North Korea?
▼ + stars: | 2023-07-19 | by ( Brad Lendon | ) edition.cnn.com time to read: +7 min

Seoul, South Korea CNN —For the first time in decades a US soldier is believed to be in North Korean custody. The US Army has identified the soldier who crossed the demarcation line into North Korea on Tuesday as Pvt. The last American known to be held by North Korea was Bruce Byron Lowrance, who, according to North Korean state-run media, crossed from China into North Korea. While in North Korea, he appeared in propaganda films, taught North Korean spies English and spent up to eight hours a day studying the writings of North Korean leaders. He was allowed to leave North Korea in 2004, two years after his wife, a Japanese national who was kidnapped from her home in Japan in 1978, was allowed to leave North Korea under a deal between Pyongyang and Tokyo.

Persons: Travis King, King “, ”, “, Isaac Taylor, King, Bryce Dubee, Donald Trump, Kim Jong Un, Trump, Bruce Byron Lowrance, Lowrance, Otto Warmbier, Warmbier, Charles Jenkins, Jenkins Organizations: South Korea CNN —, US Army, Joint Security, Democratic, Korean People’s Army, ” US Forces, 6th Squadron, 1st Cavalry Regiment, 1st Brigade Combat, Armored Division, Joint Security Area, US Navy, Swedish Embassy, Pyongyang, United Nations Command, Central Intelligence Agency, US, North Locations: Seoul, South Korea, North, United States, Korea, Pyongyang, North Korea, Korean, Democratic People’s Republic of Korea, ” US Forces Korea, Fort Bliss , Texas, South, Washington, Busan, Japan, Swedish, China, American, Tokyo

☆ US inflation cooled in June for the 12th straight month
▼ + stars: | 2023-07-12 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

US annual inflation slowed to 3% last month, according to the latest Consumer Price Index released Wednesday by the Bureau of Labor Statistics. The June annual rate is down from 4% in May and landed slightly below economists’ expectations for a 3.1% increase, according to Refinitiv. Starting in March 2022, the central bank rolled out 10 consecutive interest rate hikes to tame inflation, finally hitting pause last month. And June of last year was monumental: Annual inflation soared to 9.1%, the highest in more than 40 years largely because of record-high energy costs. So the Fed and economists have been keyed in on what’s happening with core inflation, particularly core services.

Persons: Olivia Newton, ” William Ferguson, “, Joe Biden, ” Sung Won Sohn, Lael Brainard, ” Brainard, Brainard, ” Julia Pollak, ZipRecruiter, Sohn, ”, —, Nicole Goodkind Organizations: Minneapolis CNN, Bureau of Labor Statistics, CPI, Grinnell College, CNN, Federal Reserve, Loyola Marymount University, SS Economics, Core PCE, National Economic Council, Economic, of New, BLS, Kansas City Fed Locations: Minneapolis, Iowa, of New York

☆ Analysis: Nigeria's Tinubu faces daunting hurdles after reform sprint
▼ + stars: | 2023-06-27 | by ( Macdonald Dzirutwe | ) www.reuters.com time to read: +6 min

Nigeria today faces record debt, unemployment is worryingly high, and power shortages have contributed to years of anaemic growth. "The path to political power in Nigeria, over time, has always been through these vested interests," said Bismarck Rewane, CEO at Financial Derivatives Company in Lagos. ENTRENCHED NETWORKSTinubu's ambitions to build a $1 trillion economy in eight years could come unstuck in part due to chronic power shortages. Getting the lights on would be a major win, but to do so some say Tinubu must remove grid subsidies and cut red tape. Tinubu suspended the head of the financial and economic crimes agency, but has yet to outline an anti-graft plan.

Persons: Bola Tinubu, Jason Tuvey, Bismarck Rewane, Tinubu, Tunau Taiwo, Nnamdi Obasi, Prince Ojeabulu, Muhammadu Buhari, jihadists, beholden, Joe Bavier, Conor Humphries Organizations: New, Capital Economics, Financial Derivatives Company, International, Rensource Energy, Nigeria Delta, Observers, Thomson Locations: Nigeria, LAGOS, New Nigerian, Lagos

☆ What might get this stock market unstuck
▼ + stars: | 2023-05-13 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

Clearly the market is captive of strong, opposing and somewhat unpredictable currents, as the passengers argue over what might get stocks unstuck, and in which direction. Excluding financial stocks, for instance, the S & P 500 would be up 11% for the year. Here is the equal-weighted S & P 500 vs. the Nasdaq 100 since the end of 2021. The stock market has, coincidentally or not, carved a similar path so far this year as it did to begin 2011. The S & P 500 that year raced higher to print a 7% gain into a February high, then chopped sideways.

☆ Tucker Carlson’s Code of Whiteness
▼ + stars: | 2023-05-03 | by ( A.O. Scott | ) www.nytimes.com time to read: +2 min

At stake is not the life or safety of the anonymous “Antifa kid,” but rather Carlson’s own perception of himself. That phrase, a syntactic echo of “it’s not how white men fight,” establishes the stakes, which are not so much Carlson’s ethical probity as his racial superiority. “The Antifa creep is a human being,” he writes. I should be bothered by it.” The “shoulds” indicate that Carlson isn’t really bothered — is still actually gloating — but is aware that this reaction poses a problem. If he takes pleasure in watching an Antifa creep get pounded, that makes him as bad as the Antifa creep.

☆ Want to Explore Your Childhood? Start With a Floor Plan.
▼ + stars: | 2023-04-25 | by ( Phoebe Chen | ) www.nytimes.com time to read: +3 min

Like most other gated suburbs in medium-density Chinese cities, ours was a cluster of nondescript buildings, countless lives piled to the skies. If Vermeer conjured a corner of my childhood bedroom on canvas and asked me to finish the rest, I’d have a hard time. Only floor plans have given my memories of movement a tangible form, a shape for the routine motions that made up my days. I walked through the front door and into the living room. A floor plan is the only way I’ll retain anything of that route to the window.

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