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Bank of America Customized Cash Rewards Credit Card for Students Review: Is It the Best Credit Card for You? If your credit falls short, consider other options like a secured credit card or a starter credit card that gives you a better shot at approval. Bank of America Customized Cash for Students RewardsStudent and no-fee credit cards don't always come with welcome bonuses or earn rewards for ongoing spending, but the Customized Cash Rewards Credit Card for Students offers both. Bank of America Customized Cash Rewards for Students Benefits and FeaturesThe Customized Cash Rewards Credit Card for Students doesn't come with luxury benefits like airline and hotel status or expedited airport security. Methodology: How We Reviewed the Bank of America Customized Cash Rewards for StudentsWe compared the Bank of America® Customized Cash Rewards Credit Card for Students to similar student and 0% APR credit cards from Bank of America and other card issuers, and evaluated several factors, including:Rewards earning potential — Does the card earn rewards at competitive rates?

Persons: don’t, you'd, cardholders, Merrill, You'll, you've, doesn't, you'll, Peter Rothbart, he's, Peter, Read, Angela Fung Organizations: Bank of America, of America, Bank of America's, Mobile Banking, Reading Chevron, Students, Amazon, Target, Walmart, Costco, Sam's, Merrill, Credit Cards Bank of America, Students Bank of America, Student, Banks Bank of America, Capital, Uber, Capital One Entertainment, Wholesale, Finance Locations: Capital, Seattle , Washington, Vegas, Pacific

☆ What if Putin Loses His War in Ukraine?
▼ + stars: | 2023-06-06 | by ( Walter Russell Mead | ) www.wsj.com time to read: 1 min

Walter Russell Mead is the Ravenel B. Curry III Distinguished Fellow in Strategy and Statesmanship at Hudson Institute, the Global View Columnist at The Wall Street Journal and the James Clarke Chace Professor of Foreign Affairs and Humanities at Bard College in New York. He is also a member of Aspen Institute Italy and board member of Aspenia. Before joining Hudson, Mr. Mead was a fellow at the Council on Foreign Relations as the Henry A. Kissinger Senior Fellow for U.S. Foreign Policy. He has authored numerous books, including the widely-recognized Special Providence: American Foreign Policy and How It Changed the World (Alfred A. Knopf, 2004). Mr. Mead’s next book is entitled The Arc of A Covenant: The United States, Israel, and the Future of the Jewish People.

Persons: Walter Russell Mead, Curry, James Clarke Chace, Mead, Henry A, Alfred A ., Mead’s Organizations: Hudson Institute, Wall Street Journal, Foreign Affairs, Humanities, Bard College, Aspen Institute, Hudson, Council, Foreign Relations, Kissinger, U.S . Foreign, Providence, Alfred A . Knopf, Jewish People Locations: New York, Aspen Institute Italy, United States, Israel

☆ US calls Roger Waters performance in Berlin 'deeply offensive to Jewish people'
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +2 min

[1/2] Pink Floyd co-founder Roger Waters performs during his This Is Not a Drill tour at Crypto.com Arena in Los Angeles, California, U.S., September 27, 2022. REUTERS/Mario Anzuoni/File PhotoWASHINGTON, June 6 (Reuters) - The U.S. State Department on Tuesday weighed in on a controversy over a performance by Pink Floyd co-founder Roger Waters, denouncing the show in Berlin as "deeply offensive to Jewish people" and accusing Waters of having a record of using antisemitic tropes. Berlin police said they were investigating Waters on suspicion of "incitement of the people." loadingIn comments sent by email and not attributed to a named official, the State Department stood by Lipstadt's comment, and said Waters' Berlin concert "contained imagery that is deeply offensive to Jewish people and minimized the Holocaust." "The artist in question has a long track record of using antisemitic tropes to denigrate Jewish people," the department added.

Persons: Pink Floyd, Roger Waters, Mario Anzuoni, Waters, Deborah Lipstadt, Lipstadt's, Pink Floyd's, Simon Lewis, Marguerita Choy Organizations: Pink, Crypto.com Arena, REUTERS, WASHINGTON, U.S . State Department, State Department, Twitter, UN Security Council, Thomson Locations: Los Angeles , California, U.S, Berlin, European, Israel

☆ U.S.-China ties weigh on security summit as defense chiefs meet in Singapore
▼ + stars: | 2023-06-02 | by ( Clement Tan | ) www.cnbc.com time to read: +4 min

Regional concerns were underscored recently with the Pentagon saying that a Chinese fighter jet made an "unnecessarily aggressive maneuver" against an American reconnaissance plane in the South China Sea late last week. Under President Xi Jinping's leadership, China has grown more hawkish on the global stage, particularly in its historic claims over Taiwan and the South China Sea. "What you are seeing is the emergence of a regional security architecture," said Thompson of the LKY School. "The region is really coming together with a common interest in regional security and stability." Singapore is Austin's second stop on a whirlwind tour that will also take him to Japan, India and France.

Persons: Li, Xi Jinping's, We're, Chin, Hao Huang, Wang Wenbin, Huang, What's, Anthony Albanese, Thompson, Li —, Donald Trump, Austin, Joe Biden Organizations: Yale, NUS College, CNBC, International Institute for Strategic Studies, Australian, LKY, Pentagon, Association of Southeast Asian Nations, Observers Locations: Austin, American, South, China, Taiwan, South China, Asia, Pacific, Brunei, Indonesia, Malaysia, Philippines, Vietnam, Singapore, Japan, South Korea, Australia, India, Beijing, Korea, France, U.S

WASHINGTON, June 1 (Reuters) - SpaceX's Starlink, the satellite communications service started by billionaire Elon Musk, now has a Department of Defense contract to buy those satellite services for Ukraine, the Pentagon said on Thursday. "We continue to work with a range of global partners to ensure Ukraine has the resilient satellite and communication capabilities they need. Satellite communications constitute a vital layer in Ukraine's overall communications network and the department contracts with Starlink for services of this type," the Pentagon said in a statement. The Pentagon contract is a boon for SpaceX after Musk, the company's CEO, said in October it could not afford to indefinitely fund Starlink in Ukraine, an effort he said cost $20 million a month to maintain. Russia has tried to cut off and jam internet services in Ukraine, including attempts to block Starlink in the region, though SpaceX has countered those attacks by hardening the service's software.

Persons: Starlink, Elon Musk, Mike Stone, Joey Roulette, Franklin Paul, Paul Simao Organizations: Department of Defense, Pentagon, SpaceX, Musk, Bloomberg, Thomson Locations: Ukraine, Russia, Washington

☆ Japan's Nikkei powers to 1990 'bubble' era high
▼ + stars: | 2023-05-19 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

TOKYO, May 19 (Reuters) - Japan's Nikkei share average rallied on Friday to the highest since August 1990, the country's so-called "bubble" era, driven by a confluence of positive factors from strong earnings to optimism over a U.S. debt ceiling deal. The broader Topix (.TOPX), which had reached the post-bubble milestone on Tuesday, extended its climb to as high as 2,171.37. Foreign buying thanks to increased investment by Warren Buffett and a push for better corporate governance by the Tokyo Stock Exchange also provided some impetus. The Nikkei had rocketed 6.2% from the May 10 close - when sweeping rally began - to reach Friday's high. "Investors are going to spend today thinking hard about whether this Nikkei rally will continue," said Kazuo Kamitami, an equity strategist at Nomura Securities.

☆ Debt conundrum gives Italy weak hand in EU talks
▼ + stars: | 2023-05-18 | by ( Lisa Jucca | ) www.reuters.com time to read: +6 min

After inflation hit 40-year highs in the West last year, global rate-setters, including the European Central Bank, launched a dramatic series of interest rate hikes. Unless there is a sudden series of interest rate cuts, the cost of servicing Italy’s debt could stay well above 4% of GDP for years. To fight that, Meloni’s government will have to shrink the public deficit and bring Italy back to the healthy pre-pandemic habit of keeping a primary budgetary surplus excluding debt interest payments. As long as Italy’s debt is not spiralling out of control, markets won’t worry too much. Yet even if Meloni chooses a milder approach, Italy’s unresolved debt challenge risks giving her a weak negotiating hand in Brussels.

☆ Preaching Tolerance Abroad, as Hatred Surges at Home
▼ + stars: | 2023-05-18 | by ( Elizabeth Williamson | ) www.nytimes.com time to read: +1 min

A year ago, Deborah Lipstadt, newly confirmed as the U.S. special envoy to monitor and combat antisemitism, attended a White House reception and reintroduced herself to President Biden as he passed by. “I know who you are,” Dr. Lipstadt recalled the president telling her. “And you have a big job.”Mr. Biden was right, but for reasons neither of them fully imagined. “My predecessors could go to countries and say, ‘You have a problem, and we take this seriously, and you should take it seriously.’ I can’t do that. I have to go and say, ‘We have a problem.’”

☆ Inside the scramble to evacuate a US embassy surrounded by the chaos of street fighting, gunfire, and explosions
▼ + stars: | 2023-05-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +13 min

US forces evacuated the American embassy in Sudan days after violence erupted in its capital. As the situation deteriorated, the Pentagon dispatched Special Operations Forces to evacuate US diplomatic staff in a dramatic helicopter operation. Foreign governments began efforts to pull out their diplomatic staff and, in some cases, also moved to evacuate their civilians. People walk by a house hit in recent fighting in Khartoum, Sudan, Tuesday, April 25, 2023. US Marine Corps courtesy photoWith the embassy staff gone, questions remained over whether Washington would move to evacuate US citizens, as some other Western nations had been doing.

☆ Why Americans Are Smuggling Fruit Roll-Ups Into Israel
▼ + stars: | 2023-05-10 | by ( Lauren Mccarthy | ) www.nytimes.com time to read: +1 min

But hundreds of pounds of Fruit Roll-Ups? Welcome to the age of TikTok-influenced smuggling. Because of a recipe that spread widely on the social media platform, Fruit Roll-Ups — the American-made fruit leather snack that has been passed out to children at baseball games and slumber parties since the 1980s — have become an obsession in Israel, where a shortage means smuggling in the snacks can be highly profitable. The agency has confiscated hundreds of pounds of Fruit Roll-Ups, it said — 661 pounds in one week alone. Given that one Roll-Up weighs in at 0.5 of an ounce, that makes for tens of thousands of individual packets.

Violent clashes between supporters of Imran Khan and police broke out across the country after Pakistan's anti-corruption agency arrested the former prime minister on Tuesday. Pakistan's rupee has lost nearly 50% over the past 12 months. JPMorgan analyst Milo Gunasinghe said little relief from political uncertainty was in sight while the IMF programme remained stalled. "It is usually up to the country to present a credible plan of policies and financing that, in the face of political uncertainty, will credibly address the members’ balance of payment problems." The armed forces remain Pakistan's most powerful institution, having ruled directly for close to half the country's 75-year history through three coups.

☆ Factbox: Imran Khan's arrest adds to Pakistan's economic, political challenges
▼ + stars: | 2023-05-09 | by ( Gibran Naiyyar Peshimam | ) www.reuters.com time to read: +2 min

May 9 (Reuters) - The arrest of former Pakistan Prime Minister Imran Khan and the call from his party for nationwide protests present another blow to the nuclear-armed country struggling with an economic crisis. The South Asian nation of 220 million people is running out of dollars, inflation is running at over 36% and an expected IMF bailout has been delayed by months. POLITICAL PRESSUREKhan, arrested for alleged corruption and ousted as prime minister last year, had been ratcheting up pressure on the government through a sustained political campaign as he vied to return to power. Authorities had made several attempts to arrest Khan since March, which had resulted in clashes between his supporters and law enforcement personnel. Khan's arrest came a day after the military issued a rare statement denouncing him for making allegations against a serving officer.

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☆ Apple's quarter eases concerns about mobile device demand, with a China sales beat to boot
▼ + stars: | 2023-05-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Revenue in Apple's fiscal second quarter of $94.84 billion dropped 3% year-over-year but beat expectations of $92.96 billion. Bottom line Apple bounced back nicely from the supply-constrained December quarter to deliver record March quarter results across a few key categories and metrics. It's hard to tell if Apple's results were enough to send shares in the near term back to all-time highs of about $176 each, set back in August. In its March quarter, Apple returned $23 billion via the repurchase of 129 million shares valued at $19.1 billion and $3.7 billion in dividends. For the current June quarter, Apple expects year-over-year revenue performance to be similar to the March quarter result, assuming no worsening macro outlook.

☆ Opinion | How Donald Trump and Tucker Carlson Upended the G.O.P. Foreign Policy Apparatus
▼ + stars: | 2023-05-03 | by ( Rosie Gray | ) www.nytimes.com time to read: +3 min

Mr. Trump has a talent for the populist art of reflecting supporters’ instincts, feeding off them and intensifying them. Mr. DeSantis, instead of intuiting this potential, merely mirrored a position to an audience already primed to accept it. Mr. Trump, with his bloodhound’s nose for potential weakness in his competition, dismissed Mr. DeSantis as a copycat who is merely “following” him. “Whatever I want, he wants,” Mr. Trump said in March after Mr. DeSantis’s initial statement on Ukraine. Ms. Haley, Mr. Trump’s former ambassador to the U.N., who is herself running for president this cycle, also accused Mr. DeSantis of “copying” Mr. Trump.

HONG KONG, May 2 (Reuters Breakingviews) - Money flowing into the People's Republic is getting uncomfortably hot. Yet recent reversals in New York, Hong Kong and Shanghai suggest that is driven by fickle short-term funds – exactly what Beijing doesn’t want. Reuters Graphics Reuters GraphicsFollow @mak_robyn on TwitterCONTEXT NEWSChinese spirit maker ZJLD shares closed down 18% lower than their initial public offering price on their trading debut April 27. The KKR-backed company raised $676 million in what was the biggest offering in Hong Kong since October 2022. Separately, the Ontario Teachers' Pension Plan, Canada's third largest pension fund, closed down its China equity investment team based in Hong Kong, Reuters reported on April 25, citing sources.

Saatcioglu, the coordinator of Limak International Hotels & Resorts, is one of many in hospitality expecting to see Turkey's economically vital tourism sector recover from a quake that dragged down bookings and hotel stays. The quake has caused tourists to think twice before booking a trip to Turkey, a major Mediterranean holiday destination. "After months of excellent performance, when the country was leading the travel recovery in Europe (after the COVID pandemic), international tourism to Turkey is clearly taking a nosedive," he told Reuters. Despite strong bookings recently across the travel sector in Europe as a whole, Turkey has not been able to regain momentum. On the back of these auspicious March figures, the Turkish government expects to generate $56 billion in tourism revenues this year.

☆ Indian shares set to open higher as strong earnings lift mood
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, April 24 (Reuters) - Indian shares were set to open higher on Monday as improved quarterly results from heavyweights Reliance Industries Ltd (RELI.NS) and ICICI Bank Ltd(ICBK.NS) eased some concerns over a lacklustre start to the earnings season. India's most valuable company, Reliance Industries reported 19% growth in fourth-quarter profit, aided by the strong performance in oil-to-chemicals (O2C) segment, post market hours on Friday. Private lender ICICI Bank posted a 30% jump in net profit in the March quarter, helped by improved net interest income and loan growth. The strong earnings of the two companies, which account for nearly 20% of the total weightage in Nifty 50, could improve the sentiment soured by the weak earnings and outlook of top information technology companies, analysts added. Stocks to Watch:** Yes Bank Ltd (YESB.NS): Lender's net profit slumps 45% in the March quarter on higher provisions.

☆ Calls to move away from the U.S. dollar are growing — but the greenback is still king
▼ + stars: | 2023-04-24 | by ( Penny Chen | ) www.cnbc.com time to read: +5 min

Kacper Pempel | ReutersCalls to move away from relying on the U.S. dollar for trade are growing. The U.S. dollar accounted for 58.36% of global foreign exchange reserves in the fourth quarter last year, according to data from the IMF's Currency Composition of Foreign Exchange Reserves (COFER). China is one of the most active players in this push given its dominant position in global trade right now, and as the world's second largest economy. The IMF estimates that Asia could contribute more than 70% to global growth this year. In the Middle East, major oil exporter Saudi Arabia has reportedly signaled it's open to trade in other currencies other than the greenback.

☆ P&G stock gets the respect it deserves after delivering a great quarter and outlook
▼ + stars: | 2023-04-21 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Club holding Procter & Gamble (PG) reported fiscal third-quarter results that were better than expectations before the opening bell Friday. The fact that volumes were only down 3%, despite a 10% price increase, is a testament to Procter & Gamble's strong pricing power. This new target comes as management now expects all-in (non-organic) sales growth to be up 1%, an increase from the down 1% to flat range previously provided. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

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☆ Analysis: Investors seek to break through Japan Inc's 'value trap'
▼ + stars: | 2023-04-20 | by ( Ankur Banerjee | ) www.reuters.com time to read: +5 min

SINGAPORE, April 20 (Reuters) - Corporate governance in Japan has suddenly become a cause celebre, rousing the world's third-largest stock market out of decades of lethargy and drawing in hordes of foreign investors. Japan's stock market has long been seen by investors as a 'value trap' where companies focus on market share, hoard cash and care little about shareholder returns. What has prompted investors globally to sit up and take notice is an endorsement from legendary billionaire investor Warren Buffett. The MSCI Japan Value index (.dMIJP0000VPUS) is up 9% since August 2020 versus a 9% drop for the MSCI Japan growth index (.dMIJP0000GPUS). "I think the value trap that was Japan is no longer."

Steep falls in the shares of these companies and regional banks, a major source of investor concern, dragged down the main indices. This is the first major economic indicator since new Bank of Japan Governor Kazuo Ueda took over earlier this month. Foreign investors poured nearly $12 billion into Japanese equities last week, their biggest weekly net purchases since at least January 2018. Here are three key developments that could provide more direction to markets on Friday:- Japan inflation (March)- Japan and Australia flash PMIs (April)- South Korea producer price inflation (March)By Jamie McGeever;Our Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Premarket stocks: The earnings recession is here. There could be worse to come
▼ + stars: | 2023-04-19 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —Earnings reports are coming thick and fast, showing how companies fared in the first few months of the year. But even as earnings are forecast to slump to their lowest level in three years, investors fear the worst is yet to come. This left significant gaps in the forensic search for Nazi-linked records, the Senate Committee stated. AlixPartners, according to the Senate committee, has indicated it will conduct a “supplementary review” of Credit Suisse’s connections to ratlines amongst other allegations. Credit Suisse is Switzerland’s second-largest bank by assets and has spent the past few years plagued by scandals and large losses.

☆ China’s Xi Jinping, Brazil’s Lula Take United Stance Against U.S.
▼ + stars: | 2023-04-14 | by ( Austin Ramzy | Samantha Pearson | ) www.wsj.com time to read: 1 min

HONG KONG—Chinese leader Xi Jinping and Brazilian President Luiz Inácio Lula da Silva struck a unified pose in defiance of U.S. foreign and trade policy in a meeting in Beijing on Friday, adding weight to Beijing’s pushback against what it sees as a Washington-led containment effort. “We will work to expand trade and balance world geopolitics,” Mr. da Silva wrote on Twitter after meeting with Mr. Xi.

☆ Russian diplomat says it may be time to reduce number of U.S. reporters in Russia
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +2 min

The United States has urged Russia to release Gershkovich and cast the Russian claims of espionage as ridiculous. The Russian ambassador said that it might be time to reduce the number of American journalists working in Russia. "Perhaps it is the time for us to show reciprocity and reduce the number of American journalists who work in Moscow and in Russia as a whole to the number [of Russian journalists] who work in Washington and New York," Antonov said. Foreign Minister Sergei Lavrov has told the United States that Gershkovich was caught red-handed while trying to obtain secrets. The United States on Monday determined that Russia had "wrongfully detained" Gershkovich, effectively saying that espionage charges are bogus and that the case is political.

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