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☆ A low-cost way to protect against an S&P 500 drawdown as risks escalate
▼ + stars: | 2023-10-16 | by ( Michael Khouw | ) www.cnbc.com time to read: +8 min

The Cboe Volatility Index , commonly referred to simply as "the VIX", is an index derived from 30-day S & P 500 index options prices. Put simply, the VIX represents the options market's expectations for S & P 500 volatility over the next 30 days. Sometimes referred to as a "fear index", Friday's VIX Index closing level of 19.32 is only slightly below the 6-month high of 20.09 seen on May 4th. Financials significantly outperformed, finishing Friday up 0.2% while the S & P overall fell by 0.5%. Options traders and strategists are often asked, "Is there a way to use options to hedge my portfolio?".

Persons: Gerald Ford, Dwight Eisenhower, Ike, Ray Dalio, Wells, Financials, doesn't Organizations: Investors, Federal, University of Michigan, West Bank, IDF, Bridgewater Associates, JPMorgan, Citigroup, Trader, Trust Locations: Ukraine, Gaza, Israel, Saudi Arabia, Lebanon, Iran, Europe, Wells Fargo

☆ Another US Navy carrier strike group is heading to waters near Israel, where it'll join a large amount of American firepower already there
▼ + stars: | 2023-10-15 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The Pentagon ordered a second US Navy carrier strike group to the eastern Mediterranean. The strike group includes the aircraft carrier USS Dwight D. Eisenhower, the guided-missile cruiser USS Philippine Sea, and guided-missile destroyers USS Gravely and USS Mason. AdvertisementAdvertisementWashington was reportedly considering sending the Eisenhower's carrier strike group to the eastern Mediterranean earlier this week, but no formal decision had been made at that time. The aircraft carrier USS Dwight D. Eisenhower (CVN 69) transits the Atlantic Ocean during Carrier Air Wing (CVW) 7's fly-off. White House and Pentagon officials have said that the movement of carrier strike groups is meant to prevent this from happening.

Persons: Dwight D, Eisenhower, —, Lloyd Austin, Mason, Austin, Gerald R, Ford, Thomas Hudner, Ramage, USS Carney, Roosevelt, Ryan, Michael Kurilla Organizations: Pentagon, US Navy, Service, Eisenhower Carrier Strike, US European Command, Washington, Ford Carrier Strike, Carrier Air Wing, US State Department, US Central Command, NATO, Royal Marines, United Nations Locations: Israel, States, Europe, Asia, Normandy, Iran, White, Britain, Gaza, UN

☆ One of the most accurate Wall Street strategists in 2022 shares 3 reasons a recession is still on the way — putting stocks in danger of a significant pullback
▼ + stars: | 2023-10-14 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

In a recent note to clients, Kantrowitz highlighted unemployment claims data leading up to the Great Recession. But looking at the revised data, a clearer trend starts in September of 2007, he said. Looking at prior yield curve inversions, it's taken more than 12 months for jobless claims to start to meaningfully trend upward. Piper SandlerAnother indicator that tells Kantrowitz that jobless claims are going to start increase is — interestingly enough — furniture sales. For example, Bank of America and JPMorgan strategists both walked back their 2023 recession calls earlier this year.

Persons: Michael Kantrowitz, Piper Sandler, it's, Kantrowitz, there's, he's, Jeremy Grantham, Gary Shilling Organizations: Wall Street, The Conference Board, RBC, Bank of America, JPMorgan

Alamo employees worked with United Auto Workers Local 2179 and this week voted to unionize, with nearly two-thirds in favor. They join Alamo employees at the Brooklyn theater, who voted last month to become part of Local 2179. At a time of labor action in the movie industry and beyond, union activity is expanding at movie theaters themselves, a trend which began during the pandemic. Within days, Brooklyn employees voted to unionize, by a margin of more than 2-to-1. “For years the workers of Brooklyn Alamo have tried to solve problems through dialogue with management, to no avail,” the union statement read in part.

Persons: “ Barbie ”, “ Oppenheimer, Barbenheimer ”, Maggie Quick, ”, Tyler Trautman, “, Quick, it's, Olga Brudastova, Chad Bolton, Tim League, Alamo, Sen, Bernie Sanders, Bernie, I’m, Michael Kusterman, Shelli Taylor, It'll Organizations: Alamo, Manhattan, United Auto Workers, Film, Amherst Cinema, Film Forum, UAW, The Associated Press, Vermont, League, Karrie League, Democratic Party, America, Hollywood, Gallup, Rice University, Entertainment, League . Altamont Capital Partners, Fortress Investment, Brooklyn, Brooklyn Alamo Locations: Manhattan, Brooklyn, New York, Massachusetts, San Francisco, Austin , Texas, Amherst, “, Alamo, Texas, U.S, Austin

☆ Goldman Sachs says home prices are now more unaffordable for the average buyer than they were during the 2008 housing bubble. Here are the 2 things they say would have to happen for home prices to cra
▼ + stars: | 2023-10-12 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

It's even tougher to buy a home right now than it was during the peak of the mid-2000s housing bubble. For one, the labor market remains very strong, meaning demand will be supported — if people still have jobs, they still have money coming in to save for a home. Goldman SachsIn the Great Recession, rising unemployment hurt housing demand, bringing down home prices. Another reason Karoui thinks things are different today is what's happened in the adjustable-rate mortgage market. During the Great Recession, for example, unemployment stayed around current levels for several more months following Treasury yield curve inversion before rising meaningfully.

Persons: Goldman Sachs, Lotfi Karoui, Karoui, Goldman, Jan Hatzius, Piper, Michael Kantrowitz Organizations: Wall, Conference, Equity

☆ Czech Republic, Denmark to supply tanks, fighting vehicles to Ukraine
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

PRAGUE, Oct 12 (Reuters) - The Czech Republic and Denmark will jointly supply heavy military equipment to Ukraine in the coming months, the Czech Defence Ministry said on Thursday. The Czech ministry detailed on Thursday that the first shipment would include nearly 50 infantry fighting vehicles and main battle tanks, 2,500 hand guns, 7,000 rifles, 500 light machine guns, 500 sniper rifles and equipment for electronic warfare and intelligence. The ministry said last month the first shipment would include 15 modernised T-72EA main battle tanks. Further shipments will include 500 heavy machine guns, 280 recoilless guns, 7,000 anti-tank weapons, 10,000 hand grenades, 60 mortars, and a large number of anti-drone systems. The ministry said last month about half of an expected 90 tanks under that agreement have already been delivered.

Persons: Jan Lopatka, Michael Kahn, Emelia Organizations: Czech Defence Ministry, Thomson Locations: PRAGUE, Czech Republic, Denmark, Ukraine, Czech, Netherlands, United States

☆ 54% of shoppers say they'll choose store-brand groceries over name brand from now on—it's not just about cost
▼ + stars: | 2023-10-11 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

In a new report by The Food Industry Association, a majority, 54%, of shoppers say they plan to buy "much more" or "somewhat more" private-label brands in the future. Only 26% of those surveyed said the same of national brand groceries, such as Charmin, Tide or Frito-Lay. Private-label groceries at big-box and warehouse retailers — such as Target's Good & Gather and Costco's Kirkland Signature — have been slowly gaining favor with consumers, according to data from Morningstar. Fifty-one percent of those who plan to buy more store-brand groceries said they would do so because of taste and 47% said because of quality. Brands like Costco's Kirkland Signature are considered "cool," says Michael Krupski, a clinical assistant professor of operations management and strategy at the University at Buffalo.

Persons: Costco's Kirkland, Michael Krupski Organizations: The Food Industry Association, Morningstar, University at Buffalo

☆ Russian failures in Ukraine are forcing Moscow to give up on one of the biggest Putin-era military reforms
▼ + stars: | 2023-10-11 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

As a result, Russia's military is ditching one of the main reforms lauched under Vladimir PutinNEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The German Army in World War II routinely formed combined-arms battlegroups ("kampfgruppen"), as did the US Army's task forces. BTGs were composed of professional contract soldiers, who are generally more capable, competent, and motivated than the sullen conscripts that still hamper Russia's army today. A few high-readiness battalions can't compensate for the low-readiness conscripts that make up about one-third of Russia's army. ALEXANDER NEMENOV/AFP via Getty Images"The Russian military is well-suited to short, high-intensity campaigns defined by a heavy use of artillery," Michael Kofman and Rob Lee, both experts on Russia's military, wrote in June 2022.

Persons: Vladimir Putin, —, Vladimir Putin's, Josef Stalin, SERGEY VENYAVSKY, Olesya, Tkacheva, BTGs, SERGEI VENYAVSKY, ALEXANDER NEMENOV, Michael Kofman, Rob Lee, Michael Peck Organizations: Service, Russian, Red Army, Tactical Groups, Getty, Ukraine —, Brussels School, Governance, Wilson Center, Washington DC, German Army, US, Foreign Military Studies Office, Britain's Royal United Services Institute, Troops, Soviet Army, British Army, Ministry of Defense, Russian Armed Forces, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Russia, Chechen, AFP, Washington, Russian, Georgia, Moscow, Syria, Russia's, Krasnodar, Soviet, BTGs, Germany, Forbes

Most foreign airlines have suspended or curtailed services, leaving passengers uncertain how to leave or reach the country and consular services struggling to keep up with demand for assistance, with priority given to those with missing relatives. Israel's parliamentary finance committee said late on Tuesday it would debate authorising state guarantees for providing war risk insurance for Israeli airlines. British Airways said it would suspend flights to Tel Aviv after diverting a flight from London back to Britain shortly before it was due to reach Tel Aviv, citing security concerns. U.S. Transportation Secretary Pete Buttigieg said Washington remains in talks with U.S. airlines about flights to Israel. Passengers have complained of mounting costs especially for leaving Israel, but airlines deny driving up prices.

Persons: Yiannis, El Al, Sun Dor, Israel, ” Neil Roberts, Jan Lipavsky, Lipavsky, couldn't, Annalena Baerbock, Carsten Spohr, Pete Buttigieg, flydubai, Steven Scheer, Carolyn Cohn, Jacob Gronholt, Pedersen, Michael Kahn, Victoria Klesty, Joanna Plucinska, Tim Hepher, Huseyin Hayatsever, David Shepardson, Alexander Cornwell, Mark Potter, Lincoln Organizations: Larnaca International Airport, REUTERS, El, Hamas, Association, British Airways, Lufthansa, German, . Transportation, U.S, Nordic, Dubai's Emirates, Etihad Airways, Thomson Locations: Israel, Larnaca, Cyprus, Israeli, Athens, Rome, Madrid, Bucharest, New York, Paris, Istanbul, El, Tel Aviv, London, Britain, Czech, Oman, Prague, Lipavsky, Denmark, Carsten Spohr ., Washington, Norwegian, Oslo, Abu Dhabi, United States, COVID

It had been more than 50 years since a woman played on the PGA Tour. Political Cartoons View All 1206 ImagesAnd then there was Michelle Wie West, who played eight times on the PGA Tour. Thompson has gone 73 starts on the LPGA Tour since her last win at the ShopRite LPGA Classic in 2019. “I know that Lexi at times has been one of the top players on the LPGA Tour and she's obviously very athletic. The spotlight and any negativity about playing a PGA Tour event don't seem to be a problem.

Persons: Lexi Thompson, Thompson, ’ ” Thompson, Michael Kim, Ben Griffin, “ I'm, ” Thompson, Brittany Lincicome, Annika Sorenstam, Suzy Whaley, Michelle Wie West, ”, ” Kim, Peter Malnati, “, Lexi, ” Malnati, Lydia Ko, Kevin Roy, Trevor Werbylo Organizations: Shriners Children's, PGA, PGA Tour, Colonial, Greater Hartford, Shriners, LPGA, LPGA Tour, Solheim, FedEx, U.S, Women's, Olympic Club, ANA Locations: Arkansas, Texas, Saudi, Spain, Europe, Vegas

LONDON (AP) — British filmmaker Terence Davies, best known for a pair of powerful, lyrical movies inspired by his childhood in postwar Liverpool, has died at the age of 77. Davies’ manager John Taylor said the director died “peacefully at home in his sleep” on Saturday after a short illness. After making several short films, Davies made his feature debut as writer-director in 1988 with “Distant Voices, Still Lives,” a dreamlike — sometimes nightmarish — collage of a film that evoked a childhood of poverty and violence leavened by music and movie magic. The film won the Cannes International Critics Prize in 1988, and in 2002 was voted the ninth-best film of the past 25 years by British film critics. The autobiographical films opened the door to bigger budgets and more mainstream films, still showcasing Davies' distinctive lyricism and often set in the 19th or early 20th centuries.

Persons: Terence Davies, Davies, John Taylor, “, Michael Koresky, ” Koresky, John Kennedy Toole, ”, Gillian Anderson, Edith Wharton’s, Terence Rattigan, Rachel Weisz, Agyness Deyn, Emily Dickinson —, Cynthia Nixon —, ” Davies, Siegfried Sassoon, Jack Lowden, Peter Capaldi, Julian Sands Organizations: National Film School, Cannes International, ”, Liverpool, City, British Film Institute Locations: British, Liverpool, Coventry, U.S, Mirth, Scotland

☆ Why superyacht builders are investing in solar
▼ + stars: | 2023-10-06 | by ( Sydney Boyo | ) www.cnbc.com time to read: +5 min

Early tech adopters are investing in a new toy: solar-powered electric yachts. "I believe electric yachts and electric motors will be the main propulsion of pleasure yachts and even cargo vessels in the near future." The company says it has an order book of 160 million euros ($168 million), with prices ranging from 3.2 million euros for its 60-foot yacht to 30 million euros for the fully equipped version of its 120-foot vessel. "The smallest boat is around 1.5 million euros and on the upper range there really is no limit. "We think there is a sweet spot for solar electric boats between 50 and 120 feet," said Kress.

Persons: Mike Horn, Michael Köhler, it's, Heiki, Stephan Kress, Sunreef, Rafael Nadal, Fernando Alonso, Nicola Lapp, Kress Organizations: SuperYacht Times, of Yachting, ForSea Ferries, Allied Market Research, Silent Yachts, Yachts, Formula Locations: SuperYacht Times ', North America, Sweden, Austria, Italy, Turkey, Gdansk, Poland, Emirate, Ras Al Khaimah, Sunreef

☆ Regent aims to fly its electric seagliders over the waterways of Japan
▼ + stars: | 2023-10-05 | by ( Lora Kolodny | ) www.cnbc.com time to read: +2 min

Billy Thalheimer (CEO) and Michael Klinker (CTO) of REGENT with a full-scale mockup of their first electric seaglider. Regent, a startup developing electric seagliders to transport people and cargo, has raised a $60 million round of venture funding and struck a partnership with Japan Airlines to figure out how to bring the company's flying electric ferries to the waterways of Japan. Venture fund 8090 Industries co-led Regent's series A round alongside Peter Thiel's Founders Fund, with Japan Airlines Innovation Fund and Point72 Ventures also participating among others. The commercial version of this battery powered 12-seater, named the Viceroy, will fly higher above the water at speeds of up to 180 mph, Thalheimer says. Thalheimer said, "You can build as many decks or pitches as you want but this is the experience that unlocks excitement."

Persons: Billy Thalheimer, Michael Klinker, REGENT, Peter Thiel's, Regent, seaglider, Thalheimer Organizations: Japan Airlines, Venture, Japan Airlines Innovation Fund, Point72 Ventures, CNBC Locations: Japan, Rhode, Narragansett

☆ Ukraine's unending demand for artillery shells to fight Russia is tapping out critical Western ammo stockpiles, which officials say are almost empty
▼ + stars: | 2023-10-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

The artillery-intensive war in Ukraine is drying up Western ammunition stockpiles. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementNATO's most senior military official warned that the West's ammunition warehouses providing help to Ukraine in its war against Russia are almost empty. He added that that includes "continuing to give, day in, day out, and rebuilding our own stockpiles." But with the future of Western assistance uncertain, Ukraine is now trying to solve the problem itself.

Persons: —, Rob Bauer, Bauer, James Heappey, Heappey, Michael Kofman, Rob Lee, Volodymyr Zelenskyy Organizations: NATO, Service, Warsaw Security, Guardian, CNN, Pentagon, US, Foreign Policy Research, Politico Locations: Ukraine, Russia, Netherlands, Europe

☆ C-3PO ‘Star Wars’ head goes on sale in huge movie memorabilia auction
▼ + stars: | 2023-10-03 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —In a galaxy not-so far away, “Star Wars” fans will soon have the chance to buy the head of C-3PO when it goes under the hammer next month as part of a huge movie memorabilia auction. The item, complete with light-up eyes, comes from the personal collection of C-3PO himself, Anthony Daniels, who played the droid the “Star Wars” movies. Other items from Daniels’ collection that are up for sale include C-3PO’s hands and feet, hand-annotated scripts and an unopened cereal box used as a prop by C-3PO. “I hope this can bring pleasure to Star Wars fans and collectors all around the world and give them a chance to own a piece of the real thing.”C-3PO is one of "Star Wars'" most iconic characters. Lucasfilm/Fox/Kobal/ShutterstockWith costumes and props from other movies also available, the auction as a whole is expected to fetch more than £12 million ($14.6 million).

Persons: Anthony Daniels, Daniels, ” Daniels, Don Vito Corleone’s, Marlon Brando, There’s, Freddy Krueger, Indiana Jones, James Bond’s, Daniel Craig, ” Leonardo DiCaprio’s, Michael Keaton’s Organizations: CNN, “, Propstore, Star Wars, Lucasfilm, Fox Locations: London, Indiana, “

☆ ATACMS missiles could push back Russia's lethal helicopter force, but Ukraine will need perfect timing to pull it off
▼ + stars: | 2023-10-03 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

The US looks set to send Ukraine the Army Tactical Missile System, which Kyiv has long sought. ATACMS has longer range than Ukraine's other missiles, allowing it to hit valuable Russian targets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It took heavy losses when Ukraine introduced HIMARS and began hitting more distant targets, but it adapted to that and has shown signs of adapting to the cruise missiles Ukraine has started using. "That depends on the ability to find and fix targets at that range," Kofman said.

Persons: ATACMS, —, Joe Biden, Volodymyr Zelenskyy, Doug Bush, Biden, MIKE NELSON, Michael Kofman, Kofman, VITALY TIMKIV, There's, Colby Badhwar, Badhwar, Maxym, HIMARS Organizations: Army Tactical Missile, Service, MGM, Tactical Missile, Washington, Washington DC, US, Bloomberg, Getty, GPS, Carnegie Endowment, International, Kyiv, British Ministry of Defence, Berdyansk, Maxar Locations: Ukraine, Kyiv, Tirana, Albania, AFP, Crimea, Russian, Russia's Krasnodar, Russia, Ukrainian

☆ Speaker of the House duration: McCarthy has lost the gavel. It was the third shortest speakership in history.
▼ + stars: | 2023-10-03 | by ( Christopher Hickey | ) edition.cnn.com time to read: +2 min

When Speaker Kevin McCarthy failed to keep his leadership post, his 269-day speakership became the shortest in more than 140 years. Seven previous members of Congress served single speakership terms shorter than McCarthy’s, which ended by resignation or dying in office. But those speakers served when their party was in leadership in other Congresses and ultimately had longer cumulative speakerships. No House speaker has served for less than a year in total since 1876. A House speaker has stayed in power for an average of roughly 638 days since 2001, compared to 459 days during the 19th Century.

Persons: Kevin McCarthy, speakership, McCarthy, –, Michael Kerr –, Theodore Pomeroy –, Nancy Pelosi, Paul Ryan, Matt Gaetz Organizations: 118th, Republican

☆ How a California hedge fund bulldozed the state's labor laws to impose some of the harshest noncompetes on Wall Street
▼ + stars: | 2023-10-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +23 min

That's partly why so few quantitative trading firms reside in California, whose labor-friendly laws have long favored employee mobility and competition. Exhibit A: The Voleon Group, a prominent quantitative-trading firm based in Berkeley, California, that manages about $5 billion in assets. The hedge fund has bulldozed past state prohibitions to not just impose noncompetes, but impose some of the harshest noncompetes in the entire industry, according to seven former employees, industry experts, and documents detailing the firm's restrictive covenants. Like so many other quant-trading firms, Voleon took care to protect its edge. Other employees Insider spoke with have a less generous view, with several describing the company as stingy — a third ex-employee bemoaned the company as "notoriously cheap" on compensation.

Persons: Kathy Hochul's, haven't, Michael Kharitonov, Jon McAuliffe, Shaw, — Kharitonov, McAuliffe, Voleon, —, Harry Lipman, Rottenberg Lipman Rich, Lipman, bemoaned, noncompetes, Martin Wainwright, Howard Aiken, Wainwright, hasn't, It's, Jessica Riggin, Rukin Hyland, Riggin, specter, James Hannaway, Sanford Heisler Sharp, Hochul, Rob Bonta, Sen, Anna Caballero, foisting, Caballero, Voleon's Organizations: New, Gov, University of California, Stanford, UC Berkeley, Wall Street, Google, Citadel, Sigma, That's, Big Tech, Darwin, MIT, Berkeley, California, Labor Locations: New York, California, Berkeley , California, University of California Berkeley, Berkeley, Voleon, Delaware, Washington ,

☆ A Ukrainian soldier called up Russian tech support when his captured Russian tank wouldn't start: report
▼ + stars: | 2023-10-02 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

A Ukrainian soldier called Russian tech support after a captured Russian tank wouldn't start, per Forbes. Ukraine has been capturing and repurposing Russia's tanks for their own use. AdvertisementAdvertisementA Ukrainian officer decided to call Russian tech support for help when he ran into issues operating a captured Russian tank. In the second half of the video, Kochevnik made a call to what he claimed was Uralvagonzavod director Andrey Abakumov. You can see an entire unit composed of nothing but captured Russian tanks," said Kofman, who was speaking at an event hosted by the Carnegie Endowment for International Peace.

Persons: —, Kochevnik, Forbes, Aleksander Anatolevich, Anatolevich, Andrey Abakumov, Abakumov, Jakub Janovsky, Michael Kofman, Kofman Organizations: Forbes, Service, YouTube, Militarnyi, Oryx, Russia, The Center, Naval, Carnegie Endowment, International, Russia's Ministry of Defense Locations: Ukrainian, Russian, Ukraine, Netherlands, Russia

☆ Slovakia's Fico: border checks with Hungary a priority for new government
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +2 min

SMER-SSD party leader Robert Fico arrives to the party's headquarters, after the country's early parliamentary elections, in Bratislava, Slovakia, October 1, 2023. REUTERS/Eva Kornikova Acquire Licensing RightsBRATISLAVA, Oct 1 (Reuters) - Slovakia needs to restart border controls with Hungary to stem the flow of illegal migrants, election winner Robert Fico said on Sunday, flagging the issue as one of his potential government's first priorities. Fico campaigned strongly against illegal migration in the run-up to Saturday's election, criticising a caretaker government for not doing more and for not suspending Europe's Schengen "open border" rules. The three-time former prime minister said controls were needed all along Slovakia's border with Hungary. "One of the first decisions of the government must be an order renewing border controls with Hungary," Fico told a news conference.

Persons: Robert Fico, Eva Kornikova, Fico, Viktor Orban, Jan Lopatka, Jason Hovet, Michael Kahn 私 Organizations: REUTERS, Rights Locations: Bratislava, Slovakia, Rights BRATISLAVA, Hungary, Germany, Europe, East, Afghanistan, Serbia

☆ Robert Fico, pro-Russian Slovak political heavyweight wins another election
▼ + stars: | 2023-10-01 | by ( Jan Lopatka | ) www.reuters.com time to read: +5 min

[1/2] SMER-SSD party leader Robert Fico walks outside his party's headquarters on the day of the country's early parliamentary election in Bratislava, Slovakia, September 30, 2023. Fico, who analysts see inspired by Hungary's Viktor Orban, has said he has Slovak interests at heart and wants the war to end. Born to a working-class family, Fico graduated with a law degree in 1986 and joined the then-ruling Communist party. "He became the most prominent political representative of a movement against face masks or vaccination," said political analyst Grigorij Meseznikov. Fico also swatted away accusations of graft that have dogged his party during his political career.

Persons: Robert Fico, Eva Korinkova, Michal Vasecka, Fico, Hungary's Viktor Orban, Viktor Orban, Zuzana Caputova, George Soros, Jan Kuciak, Martina Kusnirova, SMER, Grigorij Meseznikov, Jan Lopatka, Michael Kahn, Michael Perry Organizations: REUTERS, Rights, European Union, Institute, Ukraine, NATO, Reuters, Communist, European Court, Human Rights, Democracy, Thomson Locations: Bratislava, Slovakia, Rights BRATISLAVA, European, Brussels, Europe, Ukraine, Russia, Hungary, Hungarian, France, Germany

☆ Ukraine counteroffensive: Winter is coming to Ukraine, but Kyiv is adapting its tactics
▼ + stars: | 2023-10-01 | by ( Tim Lister | ) edition.cnn.com time to read: +12 min

And Kyiv has dramatically increased long-range missile and drone attacks against Russian military hubs: command centers, fuel and ammunition supplies, transport hubs. There is anecdotal evidence of this from other sources, but not to the degree that the Russian military machine would be damaged. Alexander Ermochenko/ReutersBut just as they seek to degrade Russian air defenses, the Ukrainians have made strides in improving their own. “Our air defense system has become even more comprehensive and experienced … By the winter, it will become even stronger.”Energy production has increased too. Ryan, the former Australian general, says Ukraine’s western partners must recognize and plan for this.

Persons: Franz, Stefan Gady, Michael Kofman, they’ve, It’s, Oleksandr Tarnavsky, ” Tarnavsky, Fred Pleitgen, Tarnavsky, Tony Radakin, Ukraine’s, it’s, WarZone, Gen, Kyrylo Budanov, “, ” Tarnovsky, Oleksandr Ratushniak, ”, Mick Ryan, Futura, Timchenko, Alexander Ermochenko, Denys Shmyhal, Jens Stoltenberg, Antony Blinken, Ryan, outlast, Robert Rose, Sergei Supinsky, Max Boot, ” Boot, Vladimir Putin Organizations: CNN, ”, Russian, Black, Sea Navy, Planet Labs, US Army Tactical Missile, Defense Intelligence, Aviation, Reuters, UK Defense Ministry, Arms Army, CAA, IRIS, Energy, US, Firefighters, Getty, Council for Foreign Relations Locations: Ukraine, Kharkiv, Kherson, Ukrainian, ” Ukraine, Crimea, Sevastopol, Russian, Crimean, Moscow, Russia’s, Australian, Mariupol, Donbas, Europe, United States, AFP, Russia

☆ Robert Fico, Pro-Russian Slovak Political Heavyweight Wins Another Election
▼ + stars: | 2023-09-30 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +5 min

Fico, who analysts see inspired by Hungary's Viktor Orban, has said he has Slovak interests at heart and wants the war to end. Born to a working-class family, Fico graduated with a law degree in 1986 and joined the then-ruling Communist party. Polling under 10%, Fico once sought to address voter fears during the coronavirus pandemic when he slammed government health measures. "He became the most prominent political representative of a movement against face masks or vaccination," said political analyst Grigorij Meseznikov. Fico also swatted away accusations of graft that have dogged his party during his political career.

Persons: Jan Lopatka, Robert Fico, Michal Vasecka, Fico, Hungary's Viktor Orban, Viktor Orban, Zuzana Caputova, George Soros, Jan Kuciak, Martina Kusnirova, SMER, Grigorij Meseznikov, Michael Kahn, Michael Perry Organizations: European Union, Institute, Ukraine, NATO, Reuters, Communist, European Court, Human Rights, Democracy Locations: Jan Lopatka BRATISLAVA, European, Brussels, Europe, Slovakia, Bratislava, Ukraine, Russia, Hungary, Hungarian, France, Germany

☆ A 32-year market vet warns a recession is still on the way as the Fed's jumbo rate hikes continue to work their way into the economy — and shares 3 reasons why stocks are overvalued by 35%
▼ + stars: | 2023-09-30 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

The hikes scared investors into thinking a recession would be on the way. But today, the labor market remains strong and inflation is under 4%, prompting rosier outlooks about the fate of the US economy. Rate hikes take time to work their way into the economy. But their main adversary going forward is going to be the Fed, with inflation still elevated. The Consumer Price Index is at 3.7% year-over-year, and core inflation, which the Fed watches closely, is even higher at 4.3%.

Persons: Michael Pento, Piper Sandler, Pento, Louis, LEI, Greg Boutle, Morgan Stanley's Mike Wilson, Piper Sandler's Michael Kantrowitz, Jeremy Grantham, Merrill Lynch, Gary Shilling, Jerome Powell Organizations: Federal Reserve, Federal Reserve Bank of St, National Federation of Independent Businesses, Conference, Stock, Robeco, Nasdaq, BNP, Fed

☆ Photos show the 3.86 billion-mile journey of NASA's OSIRIS-REx asteroid sample mission from start to finish
▼ + stars: | 2023-09-28 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

NASA's OSIRIS-REx has been traveling for seven years to get an asteroid sample to Earth. Check out its 3.86 billion-mile journey from launch to asteroid sample landing in the photos below. NASA/Keegan BarberAfter collecting the largest asteroid sample ever brought to Earth, OSIRIS began its long journey home. AdvertisementAdvertisementSample retrievalRecovery team members gather around a capsule containing Bennu asteroid samples as part of NASA's OSIRIS-REx mission. Analyzing the sampleLockheed Martin recovery specialists Levi Hanish and Michael Kaye take the lid off NASA's OSIRIS-REx asteroid sample.

Persons: REx, —, what's, OSIRIS, imager, Bennu, NASA's, Dante Lauretta, Keegan Barber, Rick Bowmer, NASA’s, Molly Wasser, Martin, Levi Hanish, Michael Kaye, Robert Markowiz, Noah Petro, What's, It's Organizations: Service, REx, NASA, United Launch Alliance, Atlas, Goddard, University of Arizona, Survey, NASA's Goddard Space, Earth, Department of Defense's Utah, AP, US Air Force, NASA’s Johnson Space Center, Space Center, JPL, Caltech Locations: Cape Canaveral , Florida, Salt Lake City, Houston, Houston , Texas

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