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But while retirees might imagine spending their golden years full of pasta and palazzos, the realities of moving abroad are much less romantic. He didn’t think retiring abroad was feasible. Packing up shopAs America’s retirement crisis grows, so too does the dream of retiring abroad. “People need to think about estate planning, which is often different abroad,” said Brett Spencer, the founder of Impact Financial, a financial advisory firm that specializes in Americans living abroad. I think that’s the reality that a lot of people probably aren’t prepared for,” said Peddicord, who splits her time with her husband between Paris and Panama City, Panama.
Persons: Laura Barnett, She’s, Chris, Chris Barnett, didn’t, Laura, , We’ve, , ” Chris, there’s, won’t, It’s, Brett Spencer, ” Spencer, he’s, Italy Patience Dunbar, Charles Ippoliti, Patience Dunbar Patience Dunbar, Charles, they’ve, Patience, Giorgia, We’re, you’ll, Kathleen Peddicord, Peddicord, don’t, Jacki Dahl, Bill Dahl, Bill Organizations: New, New York CNN, US Department of Defense, CNN, Gallup, Social, Impact, Invest Overseas, , , Rocky, Expiatorio Locations: New York, Kentucky, Poitiers, France, Fayetteville , North Carolina, Portugal, Aveiro, Europe, Monmouth, Italy, Arona, Milan, Oregon, Kansas, United States, Paris, Panama City, Panama, States, Reno, Guadalajara, Mexico,
It was fortunate timing for Charles, as the pandemic had forced many companies to pivot to remote work. "So I'm either going to stay productive by finding other remote work or just wasting time and leaving money on the table. It's left him clinging to his two remaining remote jobs, which have allowed him to not only bring in extra income — but avoid the dreaded work commute. Hiring slowdowns in industries like tech — where remote work and overemployment are more common — and shifts to hybrid working arrangements have both played a role in this decline. Are you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?
Persons: Charles, jugglers, who've, he's, It's, it's, wouldn't Organizations: Service, Business, LinkedIn
A Polish official said the US told Russia it would strike Russian targets in Ukraine if Putin used a nuke. Former Russian President Dmitry Medvedev said such US strikes would result in a "world war." Putin has regularly issued nuclear threats since Russia launched its full-scale invasion of Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPoland's foreign minister said the US had told Russia that it would strike Russian targets in Ukraine if Putin were to use nuclear weapons.
Persons: Putin, Dmitry Medvedev, , Radosław Sikorski Organizations: Service, Guardian, Business Locations: Russia, Ukraine
Bill Gross warned that a second Trump presidency could harm bond markets. Gross highlighted that Trump's tax cuts and spending programs would worsen the fiscal deficit. AdvertisementDonald Trump winning the presidential election would be bad news for the bond markets, said "Bond King" Bill Gross. A Trump presidency would worsen US fiscal deficits, which would hurt bonds, the billionaire investor and PIMCO cofounder said in an interview with the Financial Times. "Trump is the more bearish of the candidates simply because his programs advocate continued tax cuts and more expensive things," Gross said.
Persons: Bill Gross, Trump, Gross, , Donald Trump Organizations: Service, Financial Times, Business
The FBI is helping investigate stolen items from the British Museum, per the BBC. It's investigating if items from the museum were sold to US buyers, the report said. This includes items bought off eBay that may have come from the museum's collection. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe FBI is investigating the potential sale of hundreds of items stolen from the British Museum to American buyers, including some sold on eBay, the BBC reported.
Persons: Organizations: FBI, British Museum, eBay, Service, BBC, Business Locations: London
As the price of gold hits new all-time highs and silver rallies to a multi-year high, Bank of America has identified four exchange-traded funds (ETFs) that offer attractive exposure to precious metals. The top-rated ETFs include abrdn Physical Silver Shares ETF (ticker SIVR), iShares Silver Trust (SLV), Invesco DB Precious Metals Fund (DBP) and abrdn Physical Precious Metals Basket Shares ETF (GLTR). Bank of America rated all four ETFs "more attractive" in comparison to other ETFs with similar assets. These funds reflect baskets of physical precious metals, with varying allocations to silver, gold, palladium, and platinum. abrdn Physical Silver Shares ETF SIVR is the cheapest silver fund in Bank of America's coverage, with a total expense ratio of 0.50%.
Persons: Jared Woodard, SLV, Michael Bloom Organizations: Bank of America, Precious Metals Fund, Bank of, Treasury, Bank, Precious Metals Locations: BofA
CNN —Lizzo appeared to be left stunned after “South Park” referenced the singer in an episode satirizing the increasing popularity of weight-loss drugs like Ozempic and Mounjaro. The “About Damn Time” singer posted a live reaction video on Instagram and TikTok of her watching a scene from “South Park: The End of Obesity.”In the scene, Sharon and Sheila are discussing the “amazing” new drugs that Sharon has been taking to manage her weight. “Lizzo helps you eat everything you want and keep physical activity to a minimum… Ask about the power of not giving a f**k, with Lizzo,” the commercial added, along with a series of side effects. In her reaction video, Lizzo said, “that’s crazy, I just feel like damn, I’m really that b***h.”Lizzo attended the 2024 Met Gala. Lizzo has long advocated for body positivity and spoken out about the body shaming she faces on social media.
Persons: CNN — Lizzo, Sharon, Sheila, , Lizzo, , “ Lizzo, ” Lizzo, Dimitrios Kambouris, Trey Parker, Matt Stone Organizations: CNN, University of Colorado Boulder Locations: Colorado, Lizzo,
Elijah Orlandi knows what many New Yorkers think about delivery workers on e-bikes: They ride too fast. They zigzag in and out of traffic and bike lanes — sometimes going the wrong direction altogether. He has seen e-bike riders “swerving in between cars and all that kind of stuff.”But Orlandi is also hoping for compassion. Delivery apps, he noted, keep track of how quickly workers make their drop-offs — and ding them if they take too long. “Sometimes you’ll be going somewhere and Grubhub will send you another order, and then no matter what you do, you’re going to be late,” he said.
Persons: Elijah Orlandi, , Orlandi, , Locations: Bronx
Israeli airstrikes kill at least 35 in Rafah, Gaza authorities say
  + stars: | 2024-05-27 | by ( ) www.cnbc.com   time to read: +8 min
Israeli war cabinet minister Benny Gantz said the rockets fired from Rafah "prove that the (Israel Defense Forces) must operate in every place Hamas still operates from". Reshiq restated Hamas's demands, which include: "Ending the aggression completely and permanently, in all of Gaza Strip, not only Rafah". It follows an agreement between U.S. President Joe Biden and Egyptian President Abdel Fattah al-Sisi on Friday to temporarily send aid via the Kerem Shalom crossing, bypassing the Rafah crossing that has been blocked for weeks. Aid trucks had been piling up on the Egyptian side of the border since May 7, when Israel seized the Rafah crossing in Gaza. Today, trucks at the Rafah crossing were rerouted to the Kerem Shalom crossing, which sits at the junction of Gaza, Israel and Egypt.
Persons: Eyad BABA, EYAD BABA, Eyad Baba, Ashraf Al, Sami Abu Zuhri, Benjamin Netanyahu, Benny Gantz, Yoav Gallant, Itamar Ben Gvir, Israel, Izzat, Reshiq, Netanyahu, Khaled Zayed of, Joe Biden, Abdel Fattah al, Ali Moustafa Organizations: West Bank, Hamas, Palestinian Authority, Getty, Afp, International Committee, Kuwaiti, Brigades, Israel Defense Forces, ., Reuters, Aid, Crescent Locations: Gaza, Rafah, Israel, AFP, Tel Al, States, Tel Aviv, Egypt, Jabaliya, Gaza Israel, Kerem Shalom, RAFAH, EGYPT, Palestinian, Kerem Abu Salem, Today
Opinion | A Chill Has Fallen Over Jews in Publishing
  + stars: | 2024-05-27 | by ( James Kirchick | ) www.nytimes.com   time to read: +2 min
This month, an account on X with the handle @moyurireads and 360 followers published a link to a color-coded spreadsheet classifying nearly 200 writers according to their views on the “genocide” in Gaza. Much of it revolves around the charge of genocide and seeks to punish Zionists and anyone else who refuses to explicitly denounce the Jewish state for allegedly committing said crime. Over the past several months, a litmus test has emerged across wide swaths of the literary world effectively excluding Jews from full participation unless they denounce Israel. This phenomenon has been unfolding in progressive spaces (academia, politics, cultural organizations) for quite some time. That it has now hit the rarefied, highbrow realm of publishing — where Jewish Americans have made enormous contributions and the vitality of which depends on intellectual pluralism and free expression — is particularly alarming.
Persons: , Emily St, John Mandel, Kristin Hannah, Gabrielle Zevin, Israel —, Israel Organizations: Tiger, Elders of Zion, , Israel, Hadassah, “ Zionists Locations: Gaza, , Israel
She said nearly everything is more expensive in St. Louis compared to Dallas, from groceries to gas to various taxes. Census data shows that between 2021 and 2022, about 494,000 people moved out of Texas, while over 668,300 people moved in. Nearly 9,200 people moved from Texas to Missouri during this period. AdvertisementTheir son attended the University of Missouri, where her husband went, and he settled in St. Louis. AdvertisementThey looked around St. Louis for two years but couldn't find much on the market.
Persons: Donna, Louis, Missouri Donna, St . Louis, It's, didn't, she's, She's, it'll Organizations: Service, Texans, Lone Star State, University of Minnesota's, Texas, Air Force, University of Missouri Locations: Dallas, Fort Worth, St, Texas, Missouri, Europe, St .
Burkina Faso extends military rule for five years
  + stars: | 2024-05-27 | by ( Martin Goillandeau | ) edition.cnn.com   time to read: +1 min
CNN —Burkina Faso’s military regime will extend its rule by five years under a new agreement reached during national consultations on Saturday, the talks’ chairman Colonel Moussa Diallo said on state television. A video of Traore signing the amended accord in front of a cheerful crowd was broadcast on Burkinabè state TV on Saturday. Most political party activities have been suspended in the country under the military rule. Burkina Faso, plagued by recurrent jihadist violence that has claimed thousands of lives for almost a decade, has seen two military coups in 2022. The first one in January brought Lieutenant-Colonel Paul Henri Sandaogo Damiba to power, before being himself overthrown in September of the same year by Captain Traoré.
Persons: Moussa Diallo, Diallo, Captain Ibrahim Traore, Traore, Paul Henri Sandaogo Damiba, Captain Traoré Organizations: CNN, Burkina, Agence d’Information du Burkina, AIB Locations: Burkina Faso
After China performed two days of military drills intended to punish Taiwan, Representative Michael McCaul of Texas on Monday stood alongside the island nation’s newly elected president, Lai Ching-te, and issued a promise. “The United States must maintain the capacity to resist any resort to force or coercion that would jeopardize the security of the people of Taiwan,” Mr. McCaul, the chairman of the Foreign Affairs Committee, said. “That is what we stand for, and that is what we continue to say.”Mr. McCaul, a Republican, traveled this week to Taipei with a bipartisan delegation of other American lawmakers in an attempt, he said, to show that the U.S. government stood in lock step with Mr. Lai and Taiwan. The trip, which will last through the week, comes at a fraught time: Just days after Mr. Lai was sworn into office and vowed in his inaugural address to defend Taiwan’s sovereignty, China responded by surrounding the self-governing island with naval vessels and military aircraft. Before the lawmakers arrived, the Chinese government had publicly warned them to “seriously abide by the one-China policy” and “not to schedule any congressional visit to Taiwan.”
Persons: Michael McCaul of, Lai Ching, ” Mr, McCaul, Mr, Lai, , Organizations: Foreign Affairs, Republican Locations: China, Taiwan, Michael McCaul of Texas, United States, Taipei, Lai
How long this trend will last is unclear, though it's clear a lot will depend on the direction of interest rates. This dynamic isn't surprising given a high interest rate environment that has pressured consumers. "Elevated interest rates are causing customers to defer their large discretionary projects," UBS analyst Michael Lasser said. "This means that a recovery should be robust as interest rates move lower." "Existing home sales also continue to be a material headwind to remodel activity as long as interest rates remain relatively high," Badishkanian said.
Persons: Richard McPhail couldn't, McPhail, Marvin Ellison, Bradley Thomas, Greg Melich, it's, Michael Lasser, Melich, bode, Wolfe, Greg Badishkanian, Badishkanian, Edward Decker, KeyBanc's Thomas, Ellison, Lowe's, Thomas, Lowe's Ellison Organizations: Home, Federal Reserve, Depot, CNBC, UBS, Home Depot, Wolfe Research, Lowe's, Pro, FactSet Locations: Lowe's, Friday's
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
Access to Aid in Gaza Was Dire. Israel closed that crossing as well as the Rafah crossing, where a majority of aid had been coming in. Nearly 300 aid trucks had crossed there in a single day just before the incursion. COGAT, the Israeli military agency coordinating aid delivery, has said that increasing the amount of aid going into Gaza remains a priority. But just a quarter of that amount arrives on average each day since the closure of Rafah crossing, according to U.N. data.
Persons: , Israel, Biden, Georgios Petropoulos, it's, ” Erez, Erez, Kerem Shalom, Abdel Fattah al, Ahmad Ezzat, Scott Anderson, Anderson, Petropoulos, , Khan Younis, Mr Organizations: International Court, Justice, Central Kitchen, U.S ., United, Aid, Egyptian Red, UNRWA, Kerem, U.S, United Nations Relief, Works Agency for Palestine Refugees, Food Program Locations: Gaza, Southern, Israel, Rafah, Ashdod, Kerem Shalom, United Nations, , Erez, Israel GAZA, EGYPT, U.S, Egypt, Kerem, Egyptian, Israeli
The fog parts, Chris Hemsworth as Dementus comes into focus and grins at the audience. This is the 4DX viewing experience. Moviegoers who have returned are seeking premium experiences — higher-quality picture and sound — and are willing to pay more for those tickets. 4DX is one option in the premium large format market alongside the likes of IMAX and Dolby Cinema. 4DX utilizes motion seats, practical effects and sensory elements to immerse viewers in a movie.
Persons: George Miller's, Max, Chris Hemsworth, Dementus, Duncan Macdonald, CJ, CJ 4DPlex, 4DX, Paul Dergarabedian, Wonka, Don Savant Organizations: CJ 4DPlex, Hollywood, Dolby, Comscore, Warner Bros
AdvertisementPivoting from reselling electronics to clothingWhile Richard was making enough reselling electronics to scrape by, "the cash flow was very tight." AdvertisementStill, he called his eBay store Technsports. "You have to put up great items with a great listing, and eBay and the customers will reward you." "I will always have an eBay store. He also plans to grow the YouTube channel he started in 2023 to help other people make money selling on eBay.
Persons: , Richard S, Richard, I've, It's, Ralph Lauren, Gucci, I'm, Louis Vuitton, Richard's, Technsports, he's Organizations: Service, Circuit, Business, eBay, Craigslist, Sidekicks, Buffalo Bills, Salvation Army, Nike, Louis, BI Locations: Ft, Lauderdale, Coral Springs
The newly opened door to ether ETFs is part of a larger story that dominated cryptocurrency markets last week: the industry's political tides appear to be shifting in its favor. Expectations of an approval were low as the week began, but flipped completely and suddenly last Monday — sending ether up 20% . Many are hailing FIT 21 as a landmark victory for the industry. "I'd be surprised if FIT 21 or something like it actually becomes law this year," said Thorn. It does portend a sweeping change in [the] Democratic leadership approach to this industry, and that can only help crypto."
Persons: Biden, Donald Trump, Rachel Lin, Oppenheimer, Owen Lau, Lau, Alex Thorn, didn't, Kirsten Gillibrand, Cynthia Lummis, I'd Organizations: Securities and Exchange Commission, SEC, Representatives, SAB, Innovation, Technology, Futures Trading Commission, CNBC, Galaxy Digital, Senate, Gillibrand, Democratic
CNN —Stan Wawrinka turned back the clock to play his “best match of the year” as he eased past fellow tour veteran Andy Murray 6-4 6-4 6-2 in the first round of the French Open. And, yeah, he’s [an] amazing guy, amazing player, such a big fighter. “I think I played my best match of the year,” Wawrinka, the 2017 French Open champion, added. It’s really positive for me.”Murray, playing in his first French Open since another first-round defeat to Wawrinka in 2020, suffered an early break of serve in each set and was never able to recover. “It was always going to be tough, tough match,” Murray said, per the BBC.
Persons: Stan Wawrinka, Andy Murray, Scot, he’s, Murray, Wawrinka, “ We’re, ” Wawrinka, ” Murray, Roland Garros, “ Stan, , Cameron Norrie, Pavel Kotov, Brit Dan Evans Organizations: CNN, , Miami Locations: Paris
London CNN —The AI firm founded by Elon Musk has raised another $6 billion from investors, including Silicon Valley venture capitalists and a Saudi prince, boosting its valuation to $24 billion. Investors providing the second-round funding included Sequoia Capital, Andreesen Horowitz, and Saudi Prince Alwaleed Bin Talal, xAI announced in a blog post on Sunday. Investors, lured by the potential for AI to revolutionize the way people live and work, have thrown huge sums of money at AI companies in recent years. Microsoft (MSFT) is OpenAI’s biggest stakeholder, with a $13 billion investment in the firm. Last year, Amazon (AMZN) announced it would invest up to $4 billion in Anthropic AI in exchange for partial ownership of the company.
Persons: Elon Musk, Andreesen Horowitz, Saudi Prince Alwaleed Bin Talal, xAI, Musk, Grok Organizations: London CNN, Elon, Sequoia Capital, xAI, London . Investors, Microsoft, Google Locations: Silicon, Saudi, OpenAI, Palo Alto, San Francisco, London
More than 2,000 people were buried alive in the landslide that smothered a Papua New Guinea village and work camp on Friday in the country’s remote northern highlands, the authorities told the United Nations on Monday. Government officials visited the disaster site on Sunday. And even as the official death toll jumped from a few dozen to 670, they warned that far more victims than expected appeared to still be caught under the rubble. “The landslide buried more than 2,000 people alive and caused major destruction to buildings, food gardens and caused major impact on the economic lifeline of the country,” Lusete Laso Mana, an official in the national disaster center, said in a letter to the United Nations. The letter stressed that rescue efforts continued to be a challenge.
Persons: Laso Mana, Organizations: United Nations, . Government Locations: Papua New Guinea
Stock splits have no impact on the market value of a company, but they are historically bullish, according to Bank of America. These are eight high-priced S&P 500 stocks that could be the next to enact a split. AdvertisementBank of AmericaForward stock splits are ultimately a sign of strength, as the company's rising stock price often reflects the growing profits of the underlying business. "Splits do not affect company fundamentals but can increase liquidity by making shares more accessible," Bank of America said. Booking HoldingsMarkets InsiderTicker: BKNGStock price: $3,795.04Market value: $128.7 billion1.
Persons: Organizations: Nvidia, Bank of America, Service, Walmart, Bank of America Forward, Isaac Markets, Broadcom, Booking Holdings Locations: Chipotle, Mettler
Read previewSaudi Arabia looks set for a multibillion-dollar share sale in its state oil company, Saudi Aramco. AdvertisementThe government of Saudi Arabia remains the largest shareholder in Aramco, which is the world's largest oil company by market cap. AdvertisementThe kingdom has embarked on a number of "gigaprojects" as part of the 2030 plan, including its Neom megacity. But recent reports suggest Saudi Arabia has been seeking to borrow funds for the project, while also scaling back population estimates for The Line. In January, it said that its cash as of September had dropped to around $15 billion — the lowest level since December 2020, The Wall Street Journal reported.
Persons: , Prince Mohammed bin Salman's Organizations: Service, Reuters, Business, Aramco, Saudi Aramco, Saudi, Public Investment Fund, Bloomberg, Street Journal Locations: Saudi Arabia, Saudi Aramco, Aramco, Saudi
Or, in other cases, it can open the door to new options for the treatment of obstructive sleep apnea. Treating obesity and addressing sleep apnea Sleep apnea is a serious sleep disorder that results in interrupted breathing, preventing patients — and even their sleeping partners — from getting restful and restorative sleep. Obstructive sleep apnea, the most common form, occurs when muscles in the throat relax and collapse preventing air flow. Before qualifying for the device, patients usually need to have tried treatment with a CPAP machine and an oral device and been unsuccessful. He downgraded Inspire shares to hold at the beginning of the year due to this uncertainty he was anticipating.
Persons: Eli Lilly's Zepbound, Anthony Petrone, Medical's, Eli Lilly, Tim Herbert, Zepbound, Herbert, FactSet, Petrone, UnitedHealth, Jonathan Block Organizations: Novo Nordisk's, Mizuho Securities, CNBC, Systems, Inspire, American Diabetes Association, Drug Administration, National Institutes of Health, BMI Locations: U.S
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