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☆ It’s hurricane season. Good luck getting affordable homeowners’ insurance
▼ + stars: | 2024-06-01 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

For decades, homeowners insurance was considered a very stable line of business for insurance companies, said Chuck Nyce, a professor of risk management and insurance at Florida State University. The US homeowners insurance industry saw net losses jump to $101.29 billion in 2023, according to the report. Only two of the 20 largest US homeowners’ insurance companies were profitable last year. Kaylee Greenlee Beal/ReutersWhile property insurance is not mandated by law, most lenders require it for mortgage holders. Last year, Florida’s state-backed Citizens Property Insurance Corp. became the 10th largest homeowners’ insurer in the US, S&P Global said.

Persons: it’s, aren’t, Chuck Nyce, Nyce, Mario Tama, ”, Lynne McChristian, policyholders, Greenlee Beal, Aris Papadopoulos Organizations: CNN, P Global, Florida State University, Volunteers, P, University of Illinois, Property Insurance Corp, Florida Locations: States, Arizona , Illinois, Utah, Lahaina , Hawaii, Hawaii, Urbana, Champaign, Florida, California, Louisiana, North Carolina, Texas, Houston, Florida’s

☆ Teacher on leave after holding mock slave auction, using N-word in 5th-grade class
▼ + stars: | 2024-06-01 | by ( Paradise Afshar | ) edition.cnn.com time to read: +3 min

CNN —A Massachusetts teacher who staged a mock slave auction and used the N-word in a 5th-grade class has been placed on leave, according to a letter sent to parents by the school’s superintendent. The school district is about 30 miles west of Boston. In January, the teacher – who is not named in the letter – held an “impromptu mock slave auction” during a lesson on the Atlantic triangle slave trade, during which slave auctions were discussed, the letter said. “It was later brought to the District’s attention that the ‘N-word’ does not appear in the book,” Martineau said. CNN has reached out to the school and to the school district for further comment.

Persons: CNN —, Margaret, Gregory Martineau, –, ” Martineau, “, Martineau Organizations: CNN, Margaret Neary Elementary, WCVB, Public Schools of Northborough Locations: Massachusetts, Boston

☆ Hurricane season will bring 4 to 7 major storms, NOAA predicts. How to prevent catastrophic damage to your home
▼ + stars: | 2024-06-01 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +12 min

With scientists predicting yet another active year for storms, making your home hurricane resistant has become a more valuable precaution. "Already, we are seeing storms move across the country that can bring additional hazards like tornadoes, flooding and hail," he said. A separate forecast from hurricane researchers at Colorado State University predicts an "extremely active" hurricane season in 2024 due to record-warm tropical and eastern subtropical Atlantic sea surface temperatures. If installing new hurricane windows isn't in the budget, shutters are lower-cost options to protect windows and other openings, said Chapman-Henderson. Talk to your insurer about possible discounts Strengthening your home against disasters may help lower your insurance cost.

Persons: Irma, Warren Faidley, Alicia Silverstone, Erik A, Hooks, Phil Klotzbach, Klotzbach, Jeff Ostrowski, Leslie Chapman, Henderson, Jennifer Languell, Chapman, Kin, Melissa Cohn, William Raveis, Bankrate's Ostrowski, Ostrowski, Loretta Worters, Worters, Languell Organizations: Getty, Atmospheric Administration, NOAA, Finance, Federal Emergency Management Agency, Hurricanes, Colorado State University, Department of Atmospheric, Fluid Dynamics, Climate, Energy Solutions, Swiss, Massachusetts Institute of Technology, Federal Alliance, Safe, Safe Homes, Department of Energy, Trifecta, William Raveis Mortgage, Insurance, Institute, Homeowners Locations: Miami , Florida, U.S, windstorms, Florida, In Florida, Alabama, Louisiana, dsireusa.org

☆ Parents banned phones. Their teens somehow survived.
▼ + stars: | 2024-05-31 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

Haidt describes exactly what parents fear: that social media and phone use are contributing to the malaise of young adults. The idea that phones are bad for younger teens has hit a crescendo — and parents are taking action. The teens have been told that phones are bad for teens, so they've convinced themselves that their friends who had phones earlier are now addicted and worse off. But there's also pushback on the overall idea that scientific evidence points to social media and phones being bad for teens' mental health. And yet, even if academic studies are lacking, it is really hard to ignore common sense about teens and phones.

Persons: Jonatha Haidt, Haidt, they've, —, there's, Candice Odgers Organizations: Service

☆ She Made an Offer on a Condo. Then the Seller Learned She Was Black.
▼ + stars: | 2024-05-31 | by ( Debra Kamin | ) www.nytimes.com time to read: +1 min

Perched on a hill with a view of the Atlantic Ocean, the condo in Virginia Beach was just what Dr. Raven Baxter wanted. It had a marble fireplace, a private foyer and details like crown molding and wainscoting in its three bedrooms and three bathrooms. The seller wanted to pull out of the deal. “You could hear the fear and disbelief in his voice,” Dr. Baxter said, recalling what her broker told her next. Bill Loftis, Dr. Baxter’s broker, said, “We have no comment on this as we can’t do anything to jeopardize our clients [sic]transaction.”

Persons: Raven Baxter, ” Dr, Baxter, “, ‘, ’, Jane Walker, Walker, Bill Loftis Locations: Virginia Beach

☆ Dakhla Atlantic Port: How a small, windy city could become a gateway for trade
▼ + stars: | 2024-05-28 | by ( Nell Lewis | ) edition.cnn.com time to read: +4 min

Spanning 1,650 hectares, the complex will include a trade port with an oil terminal, a fishing port and a shipyard. “We’re constructing an ecosystem,” Nisrine Iouzzi, the director of construction for the Dakhla Atlantic Port, tells CNN. Gateway to AfricaThe project is part of Morocco’s national port strategy, which aims to modernize and strengthen port infrastructure by 2030, in order to enhance its role in global supply chains. Video Ad Feedback Dakhla Atlantic Port aims to boost trade across West Africa 02:26 - Source: CNNWith the implementation of Africa’s continental free trade agreement, which aims to create a single market for goods and services, the port could encourage the processing of raw materials within the continent. “Local disputes can make developing port infrastructure and reliable logistics much more challenging,” says Mooney.

Persons: CNN —, Nisrine Iouzzi, “, ”, Mounir Houari, Houari, ” Turloch Mooney, Mooney Organizations: CNN, United, United Arab Emirates, Dakhla’s Regional Investment Center, Port, P Global Market Intelligence Locations: Western Sahara, Morocco, Tangier, Mauritania, West Africa, East, Europe, North America, South America, United Arab, Gateway, Africa, Casablanca, Tanger, Med, Agadir, West, Mali, Chad, Niger, Burkina Faso, Sahara, ”, “

☆ Opinion | What Barack Obama Understood About America
▼ + stars: | 2024-05-28 | by ( Thomas L. Friedman | ) www.nytimes.com time to read: +1 min

The conventional wisdom is that Donald Trump’s trial over his alleged efforts to buy the silence of a porn star on the eve of the 2016 election is the least important of the cases against him. Politically that may be true. But more than any of the other cases, this one is revealing of a trend ailing America today: how much we’ve lost our moorings as a society. To my mind, one of the saddest things that has happened to America in my lifetime is how much we’ve lost so many of our mangroves. They are endangered everywhere today — but not just in nature.

Persons: Donald Trump’s Organizations: Conservation International Locations: America, Brazil

☆ London Moves to Revive Its Reputation as a Financial Hub
▼ + stars: | 2024-05-28 | by ( Eshe Nelson | Michael J. De La Merced | ) www.nytimes.com time to read: +1 min

Shein, the online retail giant founded in China, had grand ambitions to go public in New York. The company is now focusing more on the London Stock Exchange for its initial public offering, according to two people with knowledge of the matter. That may not have been the company’s initial choice — but it would be a big win for Britain, which has been wary of its capital city losing its status as a global financial hub. A spokeswoman for Shein declined to comment; the British Treasury also declined to comment. like Shein’s could be seen as a prize that bolsters the local financial market and sets the stage for other companies to follow.

Persons: Jeremy Hunt, Shein Organizations: London Stock Exchange, Britain, British Treasury Locations: China, New York, Washington, Beijing, London, Hong Kong, Dubai, Singapore

☆ A flight attendant broke her back during severe turbulence on a flight in Turkey — the 3rd major incident of its kind in a week
▼ + stars: | 2024-05-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Read previewA Turkish Airlines flight attendant has broken her back after the plane she was on hit turbulence, local media reported. The turbulence hit while the plane was flying over Turkey, Dublin Airport told Business Insider. AdvertisementIt isn't clear if the patch of turbulence hit by the Qatar plane was the same as that which impacted the Turkish Airlines flight. AdvertisementSevere turbulence dislodged oxygen masks and caused injuries to dozens of passengers on Singapore Airlines flight SQ321. Instances of severe injuries linked to turbulence remain rare, with around a dozen people a year badly hurt due to turbulence in the US, according to the FAA.

Persons: —, Geoff Kitchen, Stringer, Emma Henderson Organizations: Service, Turkish Airlines, Airbus, Turkey's, Business, Hurriyet, Qatar Airways, Dublin, Dublin Airport, Singapore Airlines, Reuters, Associated Press, FAA, UK's University of Reading Locations: Turkey's, Istanbul, Izmir, Doha, Turkey, Qatar

☆ Western countries are lining up to name and shame China for overproduction
▼ + stars: | 2024-05-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Read previewWestern countries are lining up to call out China for its barrage of cheap exports that are flooding the world's markets. "We will continue to monitor the potential negative impacts of overcapacity and will consider taking steps to ensure a level playing field, in line with World Trade Organization (WTO) principles." China pushes back on criticism, industrial profits rose in AprilBeijing has consistently resisted the West's criticism that it is dumping cheap goods on the world market. Chinese authorities say the West's accusations are protectionist and aimed at containing China's economic growth. In April, profits at China's industrial companies rose 4% from a year ago, reversing a drop in March, according to official statistics released on Monday.

Persons: —, Janet Yellen, Olaf Scholz, Bruno Le Maire, Yu Weining, Joe Biden, Biden, Josh Lipsky, Lipsky Organizations: Service, Business, EU, Bloomberg, World Trade Organization, China's Commerce Ministry, European Commission, International Monetary Fund Locations: China, France, Stresa, Italy, Beijing, United States

☆ Homes on billionaire hot spot Nantucket are falling into the ocean at an alarming rate — but the wealthy won't stop buying
▼ + stars: | 2024-05-24 | by ( Madeline Berg | Dan Latu | ) www.businessinsider.com time to read: +14 min

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

☆ China's war drills around Taiwan enter Day 2. Here's what it means for cross-strait relations
▼ + stars: | 2024-05-24 | by ( Sumathi Bala | ) www.cnbc.com time to read: +5 min

Members of Taiwan's military conduct routine exercises at Liaoluo Port in Kinmen on May 24, 2024. (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty ImagesChina's latest military exercises around Taiwan risk escalating cross-strait tensions — but war remains unlikely, political observers say. Beijing warned that the two-day drills, which continued on Friday, were aimed at punishing the island's new President Lai Ching-te for his "hostility and provocations." The drills are "legitimate, timely and entirely necessary," as acts of "Taiwan independence" in any form "cannot be tolerated," it added. "This pretext for conducting military exercises not only does not contribute to peace and stability across the Taiwan Strait, but also highlights its hegemonic nature," the ministry said.

Persons: HWA CHENG, Cheng, Lai Ching, Lai, Xi Jinping, China's, Lai —, Wang Yi, Nancy Pelosi's, Xi, Joe Biden, Gabriel Wildau Organizations: HWA, Getty, Afp, Xinhua, Atlantic, China's Ministry of National Defense, Liberation Army, PLA, Eastern, Command, U.S ., Fujian, Guard, U.S, APEC, Teneo Intelligence, Republicans Locations: Liaoluo, Kinmen, China, Taiwan, AFP, Beijing, Eurasia, Republic of China, People's Republic of China, United States, U.S

☆ ‘Old’ Amsterdam Looks Back at New Amsterdam Through Indigenous Eyes
▼ + stars: | 2024-05-24 | by ( Nina Siegal | ) www.nytimes.com time to read: 1 min

In the language of the Lenape Indigenous people, the word for European explorers who crossed the Atlantic in the 17th century to settle on their lands was “shuwankook,” or “salty people.”The term first applied to the Dutch, said Brent Stonefish, a Native American spiritual leader, because they emerged from the sea to first trade with, then exploit and kill, his Lenape ancestors. “The Dutch were basically those who ran us out of our homeland, and they were very violent toward our people,” he said in an interview. “As far as I was concerned, they were the savages.”So, when the Dutch Consulate in New York approached Stonefish to ask if he’d help commemorate the anniversary of the 1624 establishment of the first Dutch settler colony, New Amsterdam, he was taken aback.

Persons: “, Brent Stonefish, ”, Stonefish, he’d Organizations: Lenape, Dutch Consulate Locations: American, Dutch, New York, New Amsterdam

☆ NCAA signs off on deal that would change landscape of college sports — paying student-athletes
▼ + stars: | 2024-05-24 | by ( The Associated Press | Nbc News | ) www.cnbc.com time to read: +8 min

General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena. Charles LeClaire-USA TODAY SportsA major change could be coming for college athletes — they may soon start getting paid. Other casesThe settlement is expected to cover two other antitrust cases facing the NCAA and major conferences that challenge athlete compensation rules. Hubbard v. the NCAA and Carter v. the NCAA are also in front of judges in the Northern District of California. College sports have been trending in this direction for years, with athletes receiving more and more monetary benefits and rights they say were long overdue.

Persons: Charles LeClaire, —, Charlie Baker, Steve Berman, Grant, Michael McCann, McCann, Logan Riely, Hubbard, Carter, Fontenot, they're, George Zelcs Organizations: PPG Paints, NCAA, ACC, SEC, Former Arizona State, Grant House, Sedona Prince, TCU, NBC, Washington Huskies, Michigan Wolverines, College Football Playoff, Notre Dame, Big, Atlantic Coast, Washington, Oregon State, Northern District of, College Locations: Oregon, amateurism, Houston, Southeastern, Washington State, Northern District, Northern District of California, Colorado, Fontenot

☆ Where New Yorkers Start Being Polite and Stop Getting Real
▼ + stars: | 2024-05-24 | by ( James Poniewozik | ) www.nytimes.com time to read: +1 min

At 2:45 p.m. on a sunny Wednesday in a plaza near the Flatiron Building, a crowd of a few dozen was watching, and appearing in, New York City’s most infamous new reality show. On a round video screen, encased in a porthole-like structure behind a railing, they could see a livestream of onlookers across the Atlantic, in the center of Dublin. “They can see you just like you see them!” a staff member minding the exhibit told the crowd. From the Irish side, people displayed images of swastikas and of the 2001 World Trade Center attack. The transgressions went viral, not the sort of global connection and sharing that the organizers were hoping for.

Persons: minding Organizations: Trade Locations: New York, Dublin, “

Learn moreThe NHL's Eastern Conference Finals continue tonight with Game 2 of the Florida Panthers vs. New York Rangers Round 3 competition. Below, we've put together everything you need to know when it comes to how to watch a Panthers vs. Rangers live stream for Game 2. How to watch Panthers vs. Rangers in the USPanthers vs. Rangers Game 2 will air on Friday at 8 p.m. ESPN+ doesn't always live stream ESPN games, but this will be the streaming home for all of the Rangers vs. Panthers Round 3 games). Shop at SlingHow to watch Panthers vs. Rangers from anywhereFor those who plan to travel outside of the US during any Round 3 games, you'll be able to keep up with most of your subscriptions using a VPN.

Persons: we've, There's, you'll, ExpressVPN Organizations: Business, Eastern, Florida Panthers, . New York Rangers, Panthers, Rangers, The Panthers, Vegas Golden Knights, The Rangers, Atlantic Division Division, Metropolitan, . Rangers, US Panthers, ESPN, Hulu, Disney Plus, TNT, ESPN2, ABC

☆ JetBlue, British Airways seek partnership to expand networks
▼ + stars: | 2024-05-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

JetBlue Airways said Wednesday that it is seeking U.S. Department of Transportation approval to pair up with British Airways so the airlines could each expand their networks. The code-sharing agreement includes 75 destinations in the United States — 39 from New York and 36 from Boston — and 17 cities in Europe. Airlines frequently turn to code-sharing agreements, which allow carries to sell seats on airline partner's flights, to grow in regions outside their network. American Airlines also has a more than decade-old joint venture with British Airways across the Atlantic that is more involved than a code-sharing agreement. JetBlue's request for an agreement with British Airways comes a year after a federal judge struck down JetBlue's partnership with American in the U.S Northeast, which sought to allow the carriers to coordinate schedules and routes.

Persons: British Airways didn't Organizations: JetBlue Airbus A321neo, AMS EHAM, JetBlue Airways, U.S, Department of, British Airways, Boston —, Airlines, American Airlines, JetBlue, United, Delta Air Lines, Paxex Aero, U.S . American, American Locations: Amsterdam, Netherlands, United States, New York, Europe, Paris, Dublin, Edinburgh, U.S

☆ Yellen says U.S., Europe must respond jointly to China's industrial overcapacity
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: +2 min

FRANKFURT - U.S. Treasury Secretary Janet Yellen said on Tuesday that the United States and Europe needed to respond to China's industrial policies in a "strategic and united way" to keep manufacturers viable on both sides of the Atlantic. In remarks on the importance of the U.S.-European alliance in Frankfurt, Yellen said China's excess industrial capacity threatened both American and European firms as well as the industrial development of emerging market countries. "China's industrial policy may seem remote as we sit here in this room, but if we do not respond strategically and in a united way, the viability of businesses in both our countries and around the world could be at risk," she said. Yellen also called for Europe and the U.S. to stand together against Russian aggression and Iranian "support for terrorism", including agreeing on a way to unlock the value of some $300 billion worth of frozen Russian sovereign assets to aid Ukraine. "That's why I believe it's vital and urgent that we collectively find a way forward to unlock the value of Russian sovereign assets immobilized in our jurisdictions for the benefit of Ukraine," Yellen said.

Persons: Janet Yellen, Yellen, Biden Organizations: U.S . Treasury, Frankfurt School of Finance, Management, European Union, Finance Locations: FRANKFURT, U.S, United States, Europe, Frankfurt, Ukraine, Stresa, Italy

☆ Breaking down the 2024 political ad spending trends
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBreaking down the 2024 political ad spending trendsThe Atlantic CEO Nicholas Thompson and Paul Verna, vice president of Content at Emarketer, join 'Power Lunch' to discuss ad-spending for the presidential election

Persons: Nicholas Thompson, Paul Verna Locations: Atlantic

☆ United Airlines flight with 157 passengers got diverted to Ireland after a laptop became stuck in a business-class seat
▼ + stars: | 2024-05-20 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

A United Airlines flight was 500 miles over the Atlantic Ocean when it turned around. A passenger's laptop became stuck in their business class seat, Paddle Your Own Kanoo reported. The 157 passengers had to stay overnight in Ireland because the flight crew timed out. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA transatlantic United Airlines flight had to turn around after a business class passenger's laptop got stuck in their seat, travel news site Paddle Your Own Kanoo reported.

Persons: — Organizations: United Airlines, Service, Boeing, Business Locations: Ireland, Zurich, Chicago, Shannon

☆ Comet Fragment Explodes in Dark Skies Over Spain and Portugal
▼ + stars: | 2024-05-19 | by ( Robin George Andrews | ) www.nytimes.com time to read: +1 min

On Saturday, revelers across Spain and Portugal ventured into the temperate springtime evening, hoping for a memorable night. At 11:46 p.m. in Portugal, a fireball streaked across the sky, leaving a smoldering trail of incandescent graffiti in its wake. Footage shared on social media shows jaws dropping as the dark night briefly turns into day, blazing in shades of snowy white, otherworldly green and arctic blue. Experts say it had a strange trajectory, not matching the sort normally taken by nearby space rocks. None of the object is likely to have made it to the ground, the European Space Agency said.

Organizations: European Space Agency Locations: Spain, Portugal

☆ Tsai Ing-wen: the leader who put Taiwan on the map and stood up to China
▼ + stars: | 2024-05-18 | by ( Wayne Chang | Nectar Gan | ) edition.cnn.com time to read: +16 min

While supporters applaud Tsai for standing up to China, defending Taiwan’s sovereignty, freedom and democracy, critics blame her for straining ties with Beijing, stoking cross-strait tensions. Beijing, which deems the tacit agreement a precondition for dialogue, has cut official contact with Taipei since Tsai took office. Taiwan President Tsai inspects reservists at a training session at a military base in Taoyuan on May 11, 2023. But under Tsai, Taiwan has sought to enhance its asymmetric defense capabilities, developing and procuring cheaper and more mobile weapon systems that could be instrumental in halting a potential Chinese invasion. Taiwanese military experts have increasingly advocated for such an approach, noting that Taiwan can never match China in military might and assets.

Persons: Taipei CNN — Tsai Ing, introvert, ” Tsai, Xi Jinping, Xi, Tsai, stoking, Taiwan’s, Lai Ching, ”, Alex Chan Tsz Yuk, Wellington Koo, “, Vanessa Hope, Ma Ying, Taiwan's, Jose Lopes Amaral, Wen, Amanda Hsiao, Nancy Pelosi, Chien Chih, Nancy Pelosi’s, Huang, Jameson Wu, ” Sung, ” Hsiao, “ Tsai, Sawayasu Tsuji, Sung, ” Tsai’s, –, Lai Organizations: Taipei CNN, Democratic Progressive Party, DPP, Kuomintang, KMT, World Health Organization, WHO, Atlantic, Trump, Biden, International Crisis, US, Getty, World Health Assembly, National Chengchi University, Getty Images, Taiwan’s Military Academy, ” Tsai’s DPP Locations: Taipei, Taiwan, China, United States, Beijing, Tsai, Asia, Wellington, Ukraine, Gaza, Japan, Czech Republic, Republic of China, Taoyuan, AFP, Washington, Hong Kong

We'll show you how to watch the Bruins vs. Panthers Game 6, including cable and live streaming options. The Bruins vs. Toronto Maple Leafs Round 1 match-up made it to Game 7, where the Bruins narrowly knocked out the Maple Leafs. Whether you're rooting for the Panthers or the Bruins, we'll show you how to watch the game live. Where to watch Bruins vs. Panthers in the USThe Bruins vs. Panthers game will air on TNT and truTV on Friday, May 17, at 7 p.m. Shop at SlingHow to watch Bruins vs. Panthers from anywhereFor those who might be traveling outside the US for the game, you can try keeping up with your subscriptions using a VPN.

Persons: we'll, Max, HBO Max, it's, They're, ExpressVPN Organizations: Business, Boston Bruins, Florida Panthers, Bruins, Panthers, Atlantic Division, Tampa Bay Lightning, Toronto Maple Leafs, Maple Leafs, US, TNT, TBS, HBO, Warner Bros, Sling, Sling Orange, ESPN

Inflation euphoria goes globalStocks in Asia and parts of Europe rose on Thursday as investors bet that new data showing inflation easing would finally persuade central bankers to lower interest rates from multidecade highs. Another test comes on Thursday when Walmart, a bellwether for U.S. consumer sentiment, reports quarterly results. The market moves follow Wednesday’s Consumer Price Index report, which came in better than expected. Inflation remains well above the Fed’s 2 percent target, but traders were encouraged by the results. The futures market now sees two Fed rate cuts this year, the first most likely coming in September.

Organizations: Walmart Locations: Asia, Europe

☆ Biden’s trade chief walks back comments contradicting Biden on tariffs and inflation
▼ + stars: | 2024-05-16 | by ( Matt Egan | Kayla Tausche | ) edition.cnn.com time to read: +8 min

Research shows that former President Donald Trump’s tariffs on China did indeed raise prices on consumers and businesses — despite his claims otherwise. The study found tariffs imposed by former President Donald Trump did not meaningfully contribute to inflation. “The new Biden tariffs, like the more extensive ones that Trump has promised, will worsen US inflation. It is fair to debate how much the Biden tariffs will impact inflation because they are not nearly as widespread as what Trump imposed and what Trump is promising if he’s reelected. Trump enacted sweeping tariffs on $300 billion in Chinese imports, setting off a trade war between the world’s two biggest economies.

Persons: Katherine Tai, Joe Biden’s, ” Tai, —, Donald Trump’s, Tai, Angela Perez, Donald Trump, Goldman Sachs, Tai’s, “ Trump, ” Biden, “, Alex Durante, Tai’s “, Maury Obstfeld, Biden, ”, Trump, he’s, ” Perez, White, Morgan, Daleep Singh, Jen Psaki, Jared Polis, ” Polis, Ed Mills, Raymond James, David Kelly, ” Kelly Organizations: New, New York CNN, US, White, Research, CNN, US International Trade Commission, “, China, Tax, Obama, Peterson Institute for International Economics, Biden, Atlantic Council, Bretton, Committee, ”, Colorado Gov, Republicans, Asset Management Locations: New York, China, Ukraine, EVs, Europe

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