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☆ Markets could be about to get a big clue on when the European Central Bank will cut rates
▼ + stars: | 2024-03-06 | by ( Annette Weisbach | ) www.cnbc.com time to read: +1 min

European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank's 2022 Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024. FRANKFURT — The European Central Bank will meet again this week amid falling inflation, a slight recovery in economic activity and the overall understanding that its next interest rate move will be downward. The only question really for markets is, when will that happen? Some months ago, the markets were convinced that the March meeting will be "the one." The recent consumer price readings showed a slowdown of headline inflation to 2.6% in February, but service prices still rose by 3.9% for the month.

Persons: Christine Lagarde, Dirk Schumacher Organizations: European Central Bank, ECB Locations: Strasbourg, France, FRANKFURT

Among registered voters nationwide, 26 percent believe the economy is good or excellent, according to polling in late February by The New York Times and Siena College. The movement occurred disproportionately among older Democrats, a constituency already likely to vote for Mr. Biden. And the share of voters saying they approve of the job Mr. Biden is doing in office has actually fallen, to 36 percent in the latest poll, from 39 percent in July. Inflation has pervaded economic sentiment since mid-2022, confronting voters daily with the price of everything from eggs to car insurance. Nearly two-thirds of registered voters in the Times/Siena poll rated the price of food and consumer goods as poor.

Persons: Biden doesn’t, Mr, Biden Organizations: The New York Times, Siena College, Times Locations: Siena

☆ To gauge a company's real culture, ask these 2 questions about 'unspoken rules' during a job interview
▼ + stars: | 2024-03-05 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

Here are her two favorite questions to ask in a job interview that will help you uncover any major red flags, and maybe a few green ones, before you accept an offer. Ask about them in your next job interview, says Christine Cruzvergara, chief education officer at Handshake. Cruzvergara's first favorite question gets down to brass tacks: What are some of the unspoken rules in this workplace? Cruzvergara learned during her job interview at Handshake that it's a "doc- and deck-heavy culture." These types of rules are rarely brought up proactively in job interviews, Cruzvergara says, but can tell you a lot about a team's communication and collaboration style.

Persons: George Mason, Christine Cruzvergara, Cruzvergara's, Cruzvergara Organizations: Wellesley, George, George Mason University, Georgetown, George Washington University

☆ Opinion: After Super Tuesday, the dreaded rematch is real
▼ + stars: | 2024-03-05 | by ( Opinion Patrick T. Brown | ) edition.cnn.com time to read: +7 min

But there’s also the loud minority of “Never Trump” Republicans, represented by figures like former Illinois Rep. Adam Kinzinger or former New Jersey Gov. In North Carolina, exit polls suggest Trump won a slim majority of Republican voters with a college degree. But there’s a third camp: the reluctant Republican stalwarts who are neither Always Trump nor Never Trump. In general, these Republicans tend to seek traditionally defined conservative policy victories – from school choice to tax cuts to a strong national defense. But they can also see the potential for conservative policy victories in a second Trump administration.

Persons: Patrick T, Brown, Joe Biden, pollsters, Donald Trump, denialism, suburbanites, MAGA, ”, there’s, Adam Kinzinger, Christine Todd Whitman, Trump’s, they’ve, Trump, Nikki Haley, Glenn Youngkin, Brian Kemp, aren’t, –, Inez Feltscher Stepman, Biden, FDR, Harris, Roe, Wade –, Dobbs, Wade, slog Organizations: Public Policy Center, Economic, Twitter, CNN, Biden, Trump, GOP, Republican, “, Trump ” Republicans, Illinois Rep, New, New Jersey Gov, Hilton, Republicans, Virginia Gov, Georgia Gov, Supreme, Independent, American, Democratic, Super Locations: Washington , DC, America, South Carolina, New Jersey, North Carolina, Charleston, Columbia, Georgia, Afghanistan, Ukraine, Gaza

While a number of AI systems have been found to discriminate, tipping the scales in favor of certain races, genders or incomes, there’s scant government oversight. Those bills, along with the over 400 AI-related bills being debated this year, were largely aimed at regulating smaller slices of AI. The use of AI to make consequential decisions — what the bills call “automated decision tools” — is pervasive but largely hidden. The AI was trained to assess new resumes by learning from past resumes — largely male applicants. Requirements to routinely test an AI system aren’t in most of the legislative proposals, nearly all of which still have a long road ahead.

Persons: ChatGPT, ”, Suresh Venkatasubramanian, Taylor Swift, —, Christine Webber, Mary Louis, Louis, California’s, Craig Albright, ” Albright, it’s, Rebecca Bauer, Kahan, what’s, Trân Organizations: DENVER, Congress, Brown University, The Software Alliance, Fortune, Commission, Pew Research, Amazon, BSA, Microsoft, Associated Press Locations: statehouses, chatbots, California, Connecticut, guardrails, Massachusetts, Washington, Colorado, Rhode Island , Illinois , Connecticut, Virginia, Vermont, That’s, Sacramento , California

☆ Why ‘Cruel Intentions’ still inspires, 25 years on
▼ + stars: | 2024-03-05 | by ( Jemal Polson | ) edition.cnn.com time to read: +5 min

The characters outfits came from a variety of sources including luxury brands such as Prada, Gucci, Calvin Klein and Donna Karan. Christine Baranski, who appears as Bunny Caldwell – Cecile’s WASP-y mother – was adorned in Chanel-style suits from St John. A quarter of a century after it's initial release, the clever styling of Cruel Intentions is finding favor with a whole new demographic. “I was definitely inspired by Audrey Hepburn for the scene in the park,” Wingate says. Sarah (Michelle Gellar) and I both loved the idea.”A quarter of a century on, the influence “Intentions,” had — and continues to have — is undeniable, spawning a musical and a forthcoming series from Amazon.

Persons: CNN —, Kathryn Merteuil, Sarah Michelle Gellar, Sebastian Valmont, Ryan Phillippe, Annette Hargrove, Reese Witherspoon, Cecile Caldwell, Selma Blair, Pierre Choderlos de, ” “, Denise Wingate, Prada, Gucci, Calvin Klein, Donna Karan, Bob Frame, Shutterstock Keen, ”, Glenn Close, John Malkovich, Michelle Pfeiffer, Wingate, “, Sebastian, Christine Baranski, Bunny Caldwell – Cecile’s, –, St John, Cecile, Kathryn, Annette, Tessa Posnansky, Gary John Steele, deconstruct, Louis XIV, Harry F, —, ” Posnansky, Melissa Moseley, du, Audrey Hepburn, ” Wingate, Sarah, Michelle Gellar, noughties, Netflix’s Organizations: CNN, Manhattan, Sinclair, New, — Locations: French, LA, Sebastian, Columbia

☆ Woman Could Have Prevented Great Recession; Ignored by Wall Street Men
▼ + stars: | 2024-03-04 | by ( Josie Cox | ) www.businessinsider.com time to read: +21 min

The story of Brooksley Born is not only the tale of a remarkable regulator whose Cassandra-like warnings — if heeded — could've prevented the great financial crisis from exploding into raging, ruinous enormity. Not long after she assumed chairmanship of the CFTC, Born started to feel a lingering unease with the rapidly expanding derivatives market. So to Rubin, Born was more of an inconvenience than anything, and she certainly wasn't in his club. Not long after, Treasury officials lobbied Congress to pass legislation preventing the CFTC from being able to regulate the OTC derivatives market. In the months and years that followed, it became increasingly hard to deny that the multi-trillion-dollar OTC derivatives market was the root cause of the great financial crisis.

Persons: Lehman Brothers, jolting, — could've, It's, Potter Stewart, Henry Edgerton, Porter, she'd, Bill Clinton, Clinton, Janet Reno, Brooksley, Michael Greenberger, Born, Gibson, weren't, Robert Rubin, Goldman Sachs, Rubin, Michael Hirsh, Alan Greenspan, Greenspan, Ayn Rand, Hirsh ., Hirsh, Greenspan didn't, braggadocian machismo, lauding Rubin, Lawrence Summers, Arthur Levitt, Josie Cox, Levitt, Summers, Jim Leach, Richard Lugar, —, Bethany McLean, Joe Nocera, Bob Rubin, Born's Cassandra, George W, Bush, Lauren Rivera, Christine Lagarde, Lehman, ABRAMS Organizations: Stanford University, Stanford Law School, Stanford, Appeals, District of Columbia Circuit, Arnold, Futures Trading Commission, American, CFTC, Bankers Trust, Procter, Gamble, Sumitomo, Federal Reserve, Fed, Securities and Exchange Commission, Financial Markets, Abrams, Term Capital Management, Enron, SEC, Born, Northwestern's Kellogg School of Management, Financial, International Monetary Fund, Lehman Brothers, Reuters, Street, The Washington Post, Guardian, Abrams Press Locations: California, Vietnam, United States, Washington, America, ABRAMS , New York

☆ Dollar eases as Fed clues awaited; bitcoin hits 2-year high
▼ + stars: | 2024-03-04 | by ( ) www.cnbc.com time to read: +3 min

U.S. one hundred dollar bills are being shown in this picture illustration taken in Buenos Aires, Argentina, on Dec. 15, 2023. The U.S. dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts. The U.S. dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts. The euro was firm following Friday's 0.33% advance, with a European Central Bank, or ECB, policy decision looming on Thursday. That also weighed on Treasury yields, removing additional support for the dollar, with the benchmark 10-year yield sliding as low as 4.178% for the first time in two weeks.

Persons: Bias, Jerome Powell's, Kazuo Ueda, Hajime Takata, Christine Lagarde's, Bitcoin Organizations: U.S, European Central Bank, Bank of, Treasury, Congress, Westpac, ECB Locations: Buenos Aires, Argentina

☆ Library Fees? No Problem. Just Show Us Your Cat Photos.
▼ + stars: | 2024-03-04 | by ( Christine Hauser | ) www.nytimes.com time to read: +1 min

Finally, there is something cats can do for humans. The Worcester Public Library in Worcester, Mass., announced that through the end of March, people who have lost or damaged a book or other borrowed items can bring a photograph, drawing, or magazine clipping of a cat, and get their library cards reactivated. The library calls the program March Meowness, a way for the system of seven branches to forgive (or is that fur-give?) members of the community who misplaced a book or damaged a borrowed item, and then never went back to avoid paying for it. In just a few days, the program has already generated hundreds of returns, multiple postings of random cat photographs on the library’s Facebook page, and photographs and drawings pinned on a growing “cat wall” in the main building.

Persons: WBUR, Jason Homer, ” Organizations: Worcester Public Library, NPR Locations: Worcester

☆ Harvard psychology expert: 5 signs you’re dealing with toxic productivity—and what to do about it
▼ + stars: | 2024-03-04 | by ( Natalie Christine Dattilo | ) www.cnbc.com time to read: +4 min

As an instructor of psychology at Harvard Medical School and a therapist who treats anxiety and depression, I've encountered plenty of people who exhibit these and other signs of toxic productivity. What is toxic productivity? Productivity becomes toxic when you feel pressure to be productive at all times and prioritize your perpetual to-do list at the expense of your well-being. Here are five signs you've fallen into the toxic productivity trap — and what to do about it:1. For example, I might say, "Natalie, you're doing great today!"

Persons: he's, I've, Natalie Organizations: Harvard Medical School

The animated series is a coming-of-age story set in a futuristic Lagos, Nigeria. Simisola Gbadamosi, who voices Tola in the animated series "Iwájú," attends the world premiere in Lagos, Nigeria, on February 27. As audiences tune in to watch “Iwájú,” Ibrahim says he hopes the family show will speak to viewers of all ages. Kugali co-founders Olufikayo "Ziki" Adeola (left), Hamid Ibrahim (middle), and Tolu Olowofoyekul (right) attend a screening of "Iwájú: in Lagos, Nigeria on February 27. Along with the six-episode series, the soundtrack featuring music by Nigerian composer Ré Olunuga and a game called “Disney Iwájú: Rising Chef” are also being released.

Persons: Hamid Ibrahim, Tolu, ” Ibrahim, ”, ” Adeola, Lagos ” Ibrahim, Simisola Gbadamosi, Siji Soetan, Tola, Kole, Dayo Okeniyi, “, ” Olowofoyeku, ” “, “ Iwájú, Kugali, Olufikayo, Tolu Olowofoyekul, CNN Ibrahim, Disney, Christine Service, Ré Olunuga, Ibrahim Organizations: Nigeria CNN —, Kugali Media, Walt Disney Animation Studios, CNN, Disney, Disney Channel, Walt Disney Company Locations: Lagos, Nigeria, Africa, Femi, Walt Disney Company Africa, Nigerian

☆ When the ‘tradwife’ lifestyle leads to divorce
▼ + stars: | 2024-02-27 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +12 min

Enitza Templeton of Littleton, Colorado, embodied the tradwife lifestyle for 10 years. Like any relationship, the tradwife arrangement does not always make for a happy couple with no family issues. How to live a happy ‘tradwife’ lifestyleAlexia Delarosa currently lives the traditional wife lifestyle. Delarosa currently and happily embodies the traditional lifestyle — her husband works, while she stays home with the kids. Since then, Templeton has made several videos answering questions about the tradwife life and how she left it, while her podcast focuses on advice for single mothers.

Persons: Enitza Templeton, “, ” Templeton, ”, Templeton, Tradwife influencers, Christine Borzumato, “ It’s, Suzanne Degges, White, I’m, … You’re, Gainey, —, Kelly Campbell, Campbell, influencers, Alexia Delarosa, Delarosa, ” Delarosa, that’s Organizations: CNN, Sporting, Elon University, Northern, Northern Illinois University’s, California State University, TikTok Locations: Littleton , Colorado, North Carolina, Northern Illinois, DeKalb , Illinois, San Bernardino

A police officer in Australia has been charged with murdering two men whose bodies were found on Tuesday in a rural area south of Sydney, and the authorities said he had once had a relationship with one of the victims. “We believe — we are very confident — that we have located Luke and Jesse,” she said at a news conference on Tuesday. She expressed condolences to their families and added that the information about the location of the bodies had come “with the assistance of the accused.”The police officer, Beaumont Lamarre-Condon, was charged Friday with two counts of murder, according to information provided by the Local Court of New South Wales. He was being held and will next appear in court on April 23. He had legal representation, a spokesman from the court said by email.

Persons: Karen Webb, Jesse Baird, Luke Davies, “, Jesse, ”, Beaumont Lamarre, Condon Organizations: Local, New Locations: Australia, Sydney, New South Wales, Bungonia

☆ The most common job-search mistake young workers make, says career counselor who's advised thousands
▼ + stars: | 2024-02-27 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

Candidates who skip these stages "don't come across nearly as prepared as the candidates who have done their research." To that end, Cruzvergara says students and young professionals can focus on two types of research to prepare for job applications. Talk to your classmates and professors, read the news, tune into social media or listen to podcasts about those topics. Doing research on the micro-level, meanwhile, is understanding the basics of a specific job opening you're applying to. Make sure you go into interviews understanding the title, job description, required skills and experiences, and the company's goals.

Persons: it's, Christine Cruzvergara, Cruzvergara

☆ Kevin Costner on why he never gave up on his 35-year passion project 'Horizon: An American Saga': 'It's hard to fall out of love. I don't do that.'
▼ + stars: | 2024-02-26 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

The full-length trailer for Kevin Costner's "Horizon: An American Saga" has been released. AdvertisementWarner Bros. has debuted the first full-length trailer for Kevin Costner's big-budget epic, "Horizon: An American Saga," a multi-film franchise that the actor has been developing on and off for most of his career. AdvertisementThe poster for "Horizon: An American Saga," directed by and starring Kevin Costner. Advertisement"I love women in cinema," he continued after singing the praises of Miller, Malone, and Hunt, who play prominent roles in the films. Asked about what he hopes audiences will take away from the films, Costner said: "I hope that people feel that were taken somewhere.

Persons: Kevin Costner's, —, Costner, Danny Huston, Kevin Costner, Warner, cowritten, Jon Baird, Christine Baumgartner, mortgaging, Sienna Miller, Sam Worthington, Jena Malone, Rich Polk, Mike Marsland, John Shearer, Jamie Campbell Bower, Abbey Lee, Ella Hunt, Luke Wilson, Hayes Costner, Miller, Malone, Hunt Organizations: Service, Warner, Academy, Warner Bros, Paramount, Business, Getty Locations: America, American, California, Jena

☆ Flaco’s Death Calls Attention to Bird Strikes and How to Prevent Them
▼ + stars: | 2024-02-26 | by ( Tracey Tully | ) www.nytimes.com time to read: 1 min

Memorials sprang up in New York City over the weekend in honor of Flaco, a Eurasian eagle-owl who died on Friday after apparently striking a building on the Upper West Side. His ability to thrive for a year in Manhattan after escaping from the Central Park Zoo last February captivated much of the city, offering an enchanting object lesson about the power of instinct and the beauty of urban wildlife. His death may prove equally instructive. Flaco is among the estimated one billion birds that will die this year in the United States after striking buildings. Building strikes are one of the main causes of death for birds — and one of the easiest threats to solve, according to Christine Sheppard, director of the glass collisions program at the American Bird Conservancy.

Persons: Christine Sheppard Organizations: Central, Zoo, Bird Conservancy Locations: New York City, Manhattan, United States

☆ How Johnson wooed Trump to back a GOP congressman targeted by Gaetz
▼ + stars: | 2024-02-25 | by ( Manu Raju | Melanie Zanona | ) edition.cnn.com time to read: +11 min

“Seeing as how President Trump endorsed Mike Bost, Matt always finds himself on the wrong side of history,” Miller told CNN. After the GOP leadership’s candidate, Craig Riedel, was caught on tape criticizing Trump, multiple Republicans pulled their endorsement, including Miller and House GOP Conference Chairwoman Elise Stefanik. And now, Miller is inserting herself into another incumbent primary race in Illinois: She also is backing Bailey over Bost, her House GOP colleague. But this time, Miller and Gaetz are on the opposite side of Trump in the race. “Darren Bailey proudly stands with President Trump despite disagreeing with him on this endorsement,” a campaign spokesman said.

Persons: Donald Trump’s, Manu Raju ’, Mike Johnson, Donald Trump, Matt Gaetz, Johnson, Trump, Mike Bost, MAGA, Darren Bailey, Richard Hudson of, Max Miller, Bost, –, Kevin McCarthy, Matt, ” Miller, “, ” Darren Bailey, Terrence Antonio James, Tom Williams, Gaetz, Miller, Bailey, ” Gaetz, “ I’ve, he’s, Gaetz “, ” Bost, He’s, ”, Sen, Steve Daines, Republican leadership’s, Matt Rosendale, Craig Riedel, Elise Stefanik, Derek Merrin, Merrin, Byron Donalds of, JD Vance, Marcy Kaptur, Mary Miller of, Caucus hardliner, Rodney Davis, Davis, Bailey’s MAGA, Mike, ” Davis, that’s, it’s, “ Darren Bailey, Gaetz Gaetz, McCarthy, Carlos Gimenez, Don Bacon, I’ve, don’t, Reagan, shrugged, Sam Fossum, Morgan Rimmer, Christine Park Organizations: Republican, Rep, Republicans, Mar, Lago, Trump, Ohio, GOP, Florida Republican, CNN, Chicago Tribune, Getty, Capitol, Bost, Caucus, Air Force, Senate, Congressional, Democratic, House GOP, House Republican Conference, Getty Images Party, Republican JR Majewski, Street Caucus, ”, Nebraska Republican Locations: Illinois, Richard Hudson of North Carolina, Johnson, Hudson, Florida, Springfield , Illinois, Herrin , Illinois, McCarthy, Ukraine, Montana, House, Ohio’s, Ohio, Byron Donalds of Florida, Mary Miller of Illinois

☆ Americans have racked up a trillion dollars in credit card debt. That’s actually okay
▼ + stars: | 2024-02-25 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

Washington, DC CNN —Americans racked up a record amount of credit card debt in 2023, soaring past a trillion dollars. “Consumers still have a lot of money left over to be able to spend, so the credit card data is often misinterpreted,” Russell Price, chief economist at Ameriprise Financial, told CNN. According to a LendingTree analysis of more than 350,000 credit reports, the average unpaid credit card balance was $6,864 in the fourth quarter. Overall, US household debt (including credit card balances) rose to a new high of $17.5 trillion in the fourth quarter, up 1.2% from the prior three-month period. So, while there certainly isn’t a shortage of economic hurdles bedeviling people’s budget — and credit card debt has surged — the big picture indicates that, so far, Americans (and their economy) remain healthy.

Persons: ” Russell Price, Price, haven’t, market’s, ” Gregory Daco, ” Lara Rhame, Laura, Jensen Huang, Christine Lagarde, Virgin, Michael Barr, Raphael Bostic, Susan Collins, John Williams, Papa, Austan Goolsbee, Loretta Mester, fuboTV, Christopher Waller, Mary Daly, Adriana Kugler Organizations: CNN Business, Bell, DC CNN, Workers, New York Fed, Consumers, Ameriprise, CNN, Federal Reserve Bank of New, . New York Fed, Employers, Soaring, FS Investments, Nvidia, Huawei, AMD, Microsoft, Broadcom, US Commerce Department, Central Bank, eBay, Smucker, Urban Outfitters, Global, Board, TJX, Monster Beverage, Baidu, HP, Paramount Global, Anheuser, Busch Inbev, Dell Technologies, Papa John’s, US Labor Department, National Association of Realtors, P, China’s National Bureau, Statistics, Pearson, P Global, Institute for Supply Management, University of Michigan Locations: Washington, Federal Reserve Bank of New York, ., EY, Santa Clara, Singapore, Shenzhen, China, Beijing, CAVA

Results: The Most Detailed Maps of the South Carolina Republican PrimaryMap is colored by the candidate who leads in each precinct. No resultsPolls close in the South Carolina Republican primary at 7 p.m. Eastern time with first vote reports expected shortly after. This page will feature the most detailed results available from the primary, precinct-level votes. In the maps below, precincts are shaded according to each candidate’s vote share for former President Donald J. Trump and Nikki Haley, the former South Carolina governor. Income One precinct Precincts in … Lower income areas Empty chart, waiting for data Empty chart, waiting for dataHigher income areas Empty chart, waiting for data Empty chart, waiting for dataEducation Precincts in … Areas with fewer college graduates Empty chart, waiting for data Empty chart, waiting for dataAreas with more college graduates Empty chart, waiting for data Empty chart, waiting for dataPopulation density Precincts in … Rural areas Empty chart, waiting for data Empty chart, waiting for dataSuburban areas Empty chart, waiting for data Empty chart, waiting for dataUrban areas Empty chart, waiting for data Empty chart, waiting for dataStrong Biden areas in 2020 Empty chart, waiting for data Empty chart, waiting for data

Persons: Trump, Haley, Donald J, Nikki Haley, Haley Haley, —, — Trump, Strong Organizations: South Carolina Republican, South, Trump, Trump Trump, — — Locations: South Carolina, …

☆ NRA trial: Wayne LaPierre should pay gun rights group $4.3 million for misusing charitable funds, jury finds
▼ + stars: | 2024-02-23 | by ( Emma Tucker | Sabrina Souza | ) edition.cnn.com time to read: +3 min

In its verdict, the jury found LaPierre should pay the powerful gun rights group $4.3 million in damages for mismanagement and misspending charitable funds on lavish personal trips, no-show contracts and other questionable expenditures. The panel also found the group’s former CFO Wilson Phillips should pay back $2 million for breaching his fiduciary duties as an executive. Shortly after the verdict was read, New York Attorney General Letitia James called the jury’s decision against the National Rifle Association and its top executives, a “major victory” in a post on X. The jury found the NRA was not liable for only one claim, which asked whether LaPierre’s post-employment contract was an improper transaction. The jury found the New York Attorney General’s Office did not prove the transaction had not received proper approval from the NRA board.

Persons: Wayne LaPierre, LaPierre, Wilson Phillips, Letitia James, ” James, “ Wayne LaPierre, Christine Cornell Organizations: CNN, New York, National Rifle Association, NRA, Court

☆ Yen sinks as currency traders keep short and carry on
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: +3 min

The yen is the worst-performing G10 currency this year, with a 6.4% slide on the dollar. For the week the yen is down 0.6% on the euro, touching its weakest for three months overnight at 163.45 per euro . Yen moves against the dollar were more modest due to the risk its slide could prompt intervention in markets from Japan, with officials reminding traders they stand ready in recent days. The dollar gained 0.1% to trade at 150.41 yen this week. Investors can earn interest, or carry, by borrowing yen around 0% and buying income-bearing assets in other currencies.

Persons: Moh Siong Sim, Sterling, Christine Lagarde, Christopher Waller Organizations: New, Deutsche, Britain, of Singapore, U.S, European Central Bank Locations: Japan, New Zealand, Friday's Asia, U.S, Europe

☆ Kevin Costner and Christine Baumgartner's divorce has been finalized. Here's a complete timeline of their almost 20-year marriage and split.
▼ + stars: | 2024-02-22 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +1 min

Costner and Baumgartner first met at a golf course when the actor was rehearsing for his role in the 1996 film "Tin Cup." The couple, photographed here at a Pro-Celebrity Golf Tournament at Monte Carlo Golf Club in 2000, met while on a golf course in the 1990s. Costner, meanwhile, was married to his first wife, Cindy Silva, whom he met and wed while still in college. During their 16-year marriage, they welcomed three children: Annie, 39, Lily, 36, and Joe, 35. Upon the dissolution of their marriage in 1994, Costner had several other relationships before he and Baumgartner married.

Persons: Costner, Baumgartner, Toni Anne Barson, Cindy Silva, Annie, Lily, Joe, Bridget Rooney, Liam, Birgit Cunningham, Elle MacPherson Organizations: Monte Carlo Golf Club

☆ A Century Later, 17 Wrongly Executed Black Soldiers Are Honored at Gravesites
▼ + stars: | 2024-02-22 | by ( Michael Levenson | ) www.nytimes.com time to read: 1 min

More than a century ago, 110 Black soldiers were convicted of murder, mutiny and other crimes at three military trials held at Fort Sam Houston in San Antonio. Nineteen were hanged, including 13 on a single day, Dec. 11, 1917, in the largest mass execution of American soldiers by the Army. The soldiers’ families spent decades fighting to show that the men had been betrayed by the military. In November, they won a measure of justice when the Army secretary, Christine E. Wormuth, overturned the convictions and acknowledged that the soldiers “were wrongly treated because of their race and were not given fair trials.”On Thursday, several descendants of the soldiers gathered at Fort Sam Houston National Cemetery as the Department of Veterans Affairs dedicated new headstones for 17 of the executed servicemen.

Persons: Fort Sam Houston, Christine E, “ Organizations: Fort, Army, Fort Sam, National Cemetery, Department of Veterans Affairs Locations: Fort Sam, San Antonio

☆ Black Student’s Suspension Over Hairstyle Didn’t Violate Law, Texas Judge Rules
▼ + stars: | 2024-02-22 | by ( Christine Hauser | Patrick Mcgee | ) www.nytimes.com time to read: +1 min

A Texas judge ruled on Thursday that a school district’s dress code, which it used to suspend a Black student last year for refusing to change the way he wears his hair, did not violate a state law meant to prohibit race-based discrimination against people based on their hairstyle. The student, Darryl George, 18, has locs, or long ropelike strands of hair, that he pins on his head in a barrel roll, a protective style that his mother said reflected Black culture. He was separated from his classmates, given disciplinary notices, placed in in-school suspension and sent to an off-campus program. The hearing on Thursday, in the 253rd Judicial District Court in Anahuac, was in response to a lawsuit filed in September by the Barbers Hill Independent School District. The act, which took effect on Sept. 1, says a school district policy “may not discriminate against a hair texture or protective hairstyle commonly or historically associated with race.” It does not specifically mention hair length.

Persons: Darryl George, George, Cain III, Darresha George Organizations: Hill High School, 253rd, Independent School District, Texas CROWN Locations: Texas, Mont Belvieu, Houston, Anahuac

☆ SolarEdge might not recover until 2025 as residential solar market struggles to bounce back
▼ + stars: | 2024-02-21 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

SolarEdge might not recover until early 2025 as the company remains saddled with inventory in Europe and faces weak demand in the U.S., signs that the residential solar market in particular is struggling to bounce back in the face of high interest rates. Citi said SolarEdge remains a high-risk stock with the investment bank slashing its price target by $6 to $83. Cho rates SolarEdge as underweight with a price target of $50, implying 40% downside from Tuesday's close. SolarEdge CEO Lando did provide some brighter news Tuesday, forecasting that the European residential solar sector will bottom in the current quarter and improve thereafter. Investors might receive further insight on where the solar market goes from here when residential installers Sunrun and Sunnova report earnings after the bell Wednesday.

Persons: Zvi Lando, Goldman Sachs, Brian Lee, SolarEdge, Vikram Bagri, Bagri, Ronen Faier, Christine Cho, Cho, Enphase, Badri Kothandaraman, Kothandaraman, Lando, — CNBC's Michael Bloom Organizations: Citi, Barclays, CNBC, Investors Locations: Europe, U.S

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