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“This whole process has been like an emotional rollercoaster,” Beckham said of the “Beckham” series in an exclusive video interview with The Associated Press. Despite the full support of Manchester United fans and club manager Sir Alex Ferguson, Beckham said there wasn’t the same knowledge or concern about mental health that exists now. It had always been his father’s dream that his son play in the premiership for Manchester United and it soon became their shared dream, turned reality. She was already a global superstar as “Posh Spice” and he was a rising talent with Manchester United. “Do I wish things hadn’t happened?

Persons: — David Beckham, ” Beckham, Beckham, “ I’ve, “, hadn’t, ”, Diego Simeone’s, David Gardner, Sir Alex Ferguson, ’ ”, I’d, ‘, “ I’m, Ferguson, Cruz, Harper Seven, Victoria Adams, Gary Neville, “ Beckham, weren’t, “ Brand Beckham Organizations: Netflix, Associated Press, Argentina, AP, Manchester United, League, Brooklyn, Real Madrid, Adidas, Armani, Inter Miami Locations: Argentina, London, Chingford , Essex, Hackney, Manchester, Romeo, America

☆ Stocks enter October in a 2-month correction as traders question the economy's resilience
▼ + stars: | 2023-09-30 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

.SPX YTD mountain S & P 500 in 2023 The median stock in the index, though, is nearly 16% off its 52-week high and is flat year to date. The S & P also went nine straight sessions through Wednesday recording a lower low than the day before, something that had only happened a dozen times over the prior century, says SentimenTrader.com. But the raw numbers say the S & P 500 has dropped from 19.7-times the next 12 months' projection to 17.9-times in two months. The equal-weight S & P 500 is at 14.3-times forward earnings; it bottomed last October just under 13. The S & P 500's annualized total returns for the last three, five and ten years are all between 10-12%, slightly above the long-term average.

Persons: Bonds, Friday's, Johnson, handicapping, shutdowns Organizations: Federal Reserve, Treasury, Deutsche Bank, Target, American Express, Investment, CNN Locations: lockstep

Consumer price inflation rose for the second straight month, to 3.7% in August versus 3.2% in July. While the overall picture is somewhat mixed, the inflation data in recent months likely doesn't change the policy outlook. Reuters GraphicsRETAIL SALES (Released Sept. 14, next release Oct. 17):Retail sales rose more than expected in August, increasing 0.6%. Investors viewed the overall data as leaning against any further Fed rate increases. Weekly data on bank lending shows bank credit has fallen on a year-over-year basis since the middle of July.

Persons: Jerome Powell, Powell, Ann Saphir, Andrea Ricci, Paul Simao Organizations: Federal Reserve, Fed, Reuters Graphics Reuters, University of Michigan, Reuters Graphics, Investors, Labor, Reuters Graphics Reuters Graphics Bank, Silicon Valley Bank, Thomson Locations: U.S, Silicon

☆ U.S. stocks close lower as investors take cover ahead of Fed decision
▼ + stars: | 2023-09-19 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

All three indexes ended the session lower in a broad sell-off ahead of the Fed's interest rate announcement on Wednesday, which is expected to culminate in a decision to leave key interest rates unchanged. The Fed is also due to release its Summary Economic Projections, including its dot plot, which should provide a glimpse into the Federal Open Markets Committee's forecast trajectory of interest rates, inflation and economic growth. On the economic front, a jump in Canada's annual inflation rate due to rising gasoline prices, and a bigger-than-expected plunge in U.S. housing starts helped feed investor uncertainty. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2023. Starbucks (SBUX.O) lost ground following TD Cowen's decision to downgrade the coffee chain's shares to "underperform."

Persons: Bill Northey, Helena Montana, Northey, Michael Green, Brendan McDermid, Walt Disney, Stephen Culp, Ankika Biswas, Shristi, Aurora Ellis Organizations: Disney, Dow, Nasdaq, U.S . Federal Reserve, Federal Reserve, U.S, Bank Wealth Management, Federal, Management, Fed, Maplebear Inc, chipmaker, Holdings, New York Stock Exchange, REUTERS, Arm Holdings, Dow Jones, Starbucks, General Motors, Ford Motor, United Auto Workers, NYSE, Thomson Locations: Helena, Philadelphia, New York City, U.S, Bengaluru

On Wednesday, European shares nudged higher (.STOXX), while a gauge of Asian shares gained 0.35% (.MIAPJ0000PUS) and Japan's blue-chip Nikkei touched its highest in over two weeks (.N225). Spanish inflation rose 2.6% in August, as economists polled by Reuters had expected. Economists polled by Reuters expect the headline euro zone inflation rate to have moderated to 5.1% in August from 5.3% in July, still far above the European Central Bank's (ECB) 2% goal. Euro zone inflation has exceeded the target level for two years. Germany's two-year yield rose 7 bps to 3.099% after regional Germany inflation data.

Persons: Issei Kato, SEB, Elisabet Kopelman, Jerome Powell's, Europe's, Sylvia Ardagna, Ardagna, Germany's, Brent, Ankur Banerjee, Naomi Rovnick, Dhara Ranasinghe, Mark Potter Organizations: REUTERS, Nikkei, SEB Group, Fed, Reuters, Bank's, Barclays, ECB, Treasury, Thomson Locations: Tokyo, Japan, SINGAPORE, Asia, Spain, Germany, North Rhine Westphalia, Germany's

☆ Asian shares hit two-week high on prospects for Fed pause
▼ + stars: | 2023-08-30 | by ( Ankur Banerjee | ) www.reuters.com time to read: +5 min

The index though is down about 6% so far in August and set for its worst monthly performance since February. The Eurostoxx 50 futures rose 0.39%, German DAX futures were up 0.29% and FTSE futures were up 0.31%. Overnight, Wall Street ended sharply higher, while Treasury yields slid to three-week lows after data showed U.S. job openings dropped to the lowest in nearly 2-1/2 years in July, signalling easing labour market pressures. With the Fed highlighting that the interest rate path will be heavily dependent on data, traders are tweaking their bets based on the latest indicators. Traders will be closely watching cocoa prices on Wednesday after the London cocoa futures on ICE rose to a 46-year high on Tuesday, buoyed by tightening supplies.

Persons: Issei Kato, DAX, Powell, Tina Teng, Carlos Casanova, Gina Raimondo, Brent, bitcoin, Ankur Banerjee, Edmund Klamann Organizations: REUTERS, Rights, Federal Reserve, Futures, Treasury, CMC Markets, Investors, PMI, . Commerce, Aussie, Traders, Thomson Locations: Tokyo, Japan, Asia, Pacific, Europe, Germany, Spain, China, Wednesday's, UBP, U.S

[1/5]A Yes23 volunteer holds pamphlets while speaking with commuters about the upcoming Voice to Parliament referendum, in Melbourne, Australia August 30, 2023. Some senior Liberal party leaders, however, have broken ranks and supported the Voice referendum. "The Voice delivers recognition and respect to Indigenous Australians in the manner they have sought," Turnbull said in an opinion piece in The Sydney Morning Herald on Wednesday. In the most recent referendum in 1999, Australians voted against changing the constitution to establish Australia as a republic. "I’m just trying to vote yes for the recognition of the real owners of Australia," Sydney resident Oscar Rodas, who was at one of the campaigns, told Reuters.

Persons: Albanese, SYDNEY, Anthony Albanese, Pat Anderson, Jacinta Nampijinpa Price, James Ross, Malcolm Turnbull, Turnbull, I’m, Oscar Rodas, Cordelia Hsu, Stephen Coates Organizations: Wednesday, Aboriginal, Torres Strait, First Nations Peoples, Liberal, REUTERS Acquire, Liberal Party, Sydney Morning Herald, Sydney, Reuters, Thomson Locations: Torres Strait, Adelaide, Torres, Australia, Canada, New Zealand, Melbourne, Lincoln

☆ Gold near 3-week high as markets cut back U.S. rate hike bets
▼ + stars: | 2023-08-30 | by ( ) www.cnbc.com time to read: +2 min

Pure 1,000-gram gold bars produced by South Korea's LS-Nikko are stacked in a dealers room in Seoul on January 9, 2009. Gold prices hovered near three-week highs on Wednesday, as investors pared back bets of further U.S. interest rate hikes in response to soft economic readings, with more data eyed this week to analyze the outlook. Spot gold was flat at $1,936.17 per ounce by 0328 GMT, about $2 below its highest levels since Aug. 7 hit on Tuesday. Gold may extend gains to $1,948 per ounce, as it has cleared a resistance at $1,936, said Reuters technical analyst Wang Tao. Platinum eased 0.1% to $975.07, having climbed to its highest level since July 19 in the previous session.

Persons: Matt Simpson, Wang Tao Organizations: South Korea's, Nikko, Treasury, U.S ., Commerce, Federal Locations: Seoul, ., U.S

☆ Rate hike odds build as Fed's Powell gets set to speak
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +2 min

Aug 25 (Reuters) - As investors wait anxiously for any hint of guidance on the interest rate outlook from Federal Reserve Chair Jerome Powell on Friday, they have been increasingly positioning for the central bank to deliver another interest rate hike by year end. Powell is set to deliver the keynote speech on Friday morning at the annual economic symposium hosted by the Federal Reserve Bank of Kansas City held in Jackson Hole, Wyoming. The Fed has jacked up its policy rate from near zero in March 2022 to the current range of 5.25% to 5.50%, but unemployment remains at a historically low 3.5% and overall economic growth has defied expectations that it would falter. Alongside the rise in bond yields, rate futures have notably repriced as well. Reporting By Dan Burns; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Jerome Powell, Powell, Jackson, Dan Burns, Chizu Organizations: Federal, Federal Reserve Bank of Kansas City, Fed, Thomson Locations: Jackson Hole , Wyoming

[1/3] Euro currency bills are pictured at the Croatian National Bank in Zagreb, Croatia, May 21, 2019. The services component sank to 48.3 from 50.9, its first time below the 50 mark that separates growth from contraction this year. The single currency weakened after the German data, hitting its lowest level against the dollar since June 15 at $1.0805. "The decline in services activity was a sharp move and we've seen a soft euro environment," said Niels Christensen, chief analyst at Nordea. The spot yuan opened at 7.2870 per dollar on Wednesday and was last changing hands at 7.2899.

Persons: Antonio Bronic, Niels Christensen, Martin Beck, Jerome Powell's, Powell, Nordea's Christensen, Colin Asher, Samuel Indyk, Ankur Banerjee, Kim Coghill, Mark Potter, Chizu Organizations: Croatian National Bank, REUTERS, P, European Central Bank, PMI, Bank of England, Reuters, Federal, Japan's Ministry of Finance, Mizuho, Thomson Locations: Zagreb, Croatia, Britain, July's, U.S, Europe, tenterhooks, Tokyo, London, Singapore

☆ Dollar hovers near two-month high, yen near 146/dlr
▼ + stars: | 2023-08-23 | by ( Ankur Banerjee | ) www.reuters.com time to read: +3 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The dollar index , which measures the U.S. currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. The index is up 1.6% in August and is on course to snap its two-month losing streak. The Australian dollar rose 0.40% to $0.645, while the New Zealand dollar rose 0.29% to $0.596. In cryptocurrencies, bitcoin last rose 0.77% to $26,049, having touched two-month low of $25,350 overnight.

Persons: Florence Lo, Christopher Wong, Jerome Powell's, Wong, Thomas Barkin, Saira Malik, Atsushi Takeuchi, Fumio, Takeuchi, bitcoin, Ankur Banerjee, Christopher Cushing Organizations: U.S, REUTERS, Rights, Federal Reserve, Richmond Fed, Nuveen, Bank of, New Zealand, Thomson Locations: , Wyoming, OCBC, Singapore, U.S, tenterhooks, Tokyo, Japan

☆ Dollar hovers near two-month high, yen near 146 per dollar
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: +3 min

Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. Photo taken on April 20, 2022 shows the Japanese yen and U.S. dollar banknotes in Tokyo, Japan. The U.S. dollar perched near a two-month peak on Wednesday as investors looked to the Federal Reserve chair's speech this week for cues on the path of monetary policy, while the yen loitered near 146 a dollar, keeping traders guessing on any intervention. The dollar index , which measures the U.S. currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. In cryptocurrencies, bitcoin last rose 0.77% to $26,049, having touched two-month low of $25,350 overnight.

Persons: Christopher Wong, Jerome Powell's, Wong, Thomas Barkin, Saira Malik, Atsushi Takeuchi, Fumio, Takeuchi, bitcoin Organizations: U.S, The U.S, Federal Reserve, Richmond Fed, Nuveen, Bank of, New Zealand Locations: Tokyo, Japan, The, , Wyoming, OCBC, Singapore, U.S, tenterhooks

☆ Asian shares head for 3rd week of losses on China woes, US rates
▼ + stars: | 2023-08-18 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) were up 0.1% after hitting a nine-month low the session before. It was, however, headed for a weekly loss of 2.8%, the third straight week of declines. Data early on Friday showed Japan's core inflation slowed in July, a result that is likely to support market wagers that the Bank of Japan is in no hurry to phase out monetary easing anytime soon. Chinese property giants gained 0.3%, pulling away from a nine-month low hit just a session ago. "At the start of the year China's economy was powering ahead.

Persons: HSI, China Evergrande, Jonas Goltermann, Treasuries, Padhraic Garvey, Sam Holmes Organizations: Nikkei, Bank of, HK, Capital Economics, ING, Atlanta Federal, Brent, . West Texas, Thomson Locations: Japan, SYDNEY, Asia, Pacific, Bank of Japan, China's, China, U.S, Americas

☆ Stock Market Today: Dow Futures Edge Up; WeWork Stock Tumbles
▼ + stars: | 2023-08-09 | by ( ) www.wsj.com time to read: +1 min

Stock futures were muted in early trading Wednesday, suggesting U.S. markets could stabilize after a pullback in the previous session . European shares were more buoyant, with Italian banks clawing back losses after Rome watered down a planned windfall tax. Stock futures edged higher. Oil prices rose. Italian banks recouped some of the previous day’s big losses, after Rome partially walked back plans for a windfall tax.

Persons: Rome, Brent Organizations: Nasdaq, Dow, Treasury, CSI Locations: Government, Europe, Rome

☆ Sweden and Denmark consider ban on Quran-burning protests as security fears rise
▼ + stars: | 2023-08-02 | by ( Christian Edwards | ) edition.cnn.com time to read: +8 min

CNN —A spate of Quran-burning protests in Sweden and Denmark has caused angry demonstrations in Muslim-majority countries, heightened security fears at home and left both Scandinavian nations questioning whether they need to review their liberal laws on freedom of speech. But both countries signaled Sunday that they are exploring legal ways to prevent such protests, amid security and geopolitical concerns. While freedom of speech has long been a constitutional right in Sweden and Denmark, the scrapping of blasphemy laws was a more recent development. But neither country tightened their free speech laws in response to these attacks. “Sweden is right now the target of influence campaigns, supported by states and state-like actors, whose purpose is to harm Sweden and Swedish interests,” said Bohlin.

Persons: “, Ulf Kristersson, Denmark “, Salwan Momika, Momika, Ahmad Al, ” Marten Schutlz, ” Sofie Blomback, ”, Bruno Jerup, Chris McGrath, Blomback, Lars Lokke Rasmussen, Sweden’s Kristersson, Posten, Prophet Mohammed, Lars Vilks, Mohammed, ” Kristersson, Carl, Oskar Bohlin, ” Bohlin, ” Schulz Organizations: CNN, NATO, of Islamic Cooperation, ”, Danish, Protesters, Getty, Stockholm University, Sweden’s, Appeal, Mid Sweden University, Sweden’s Civil Defense Locations: Sweden, Denmark, Stockholm, Turkey, Danish, Copenhagen, ” Sweden, Iraqi, Sweden's, Baghdad, Iraq, AFP, Swedish, United States, Istanbul, Ukraine, Vilnius, Turkish, Russia

Weeks later, Mr. Trump is the former President Trump. Instead, in a brief televised address shortly before 2:30 a.m., Mr. Trump furiously laid down his postelection lie. For weeks, Mr. Trump had been peppering him with tips of fraud that, upon investigation by federal authorities, proved baseless. The cavalry “is coming, Mr. President,” Kylie Kremer tweeted to Mr. Trump on Dec. 19. On Jan. 15, Mr. Trump acquiesced to an Oval Office meeting with Mr. Lindell, who arrived with two sets of documents.

Persons: Donald J, Trump, Joseph R, Biden, Justin Clark, Rudolph W, Giuliani, Clark, Weeks, Mitch McConnell, McConnell, Jared Kushner, McConnell’s, Biden’s, William P, Barr, Mr, Trump’s, Sidney Powell, Lin Wood, sleuths, MyPillow, Mike Lindell, Patrick Byrne, Stephen K, Bannon, Michael T, Flynn, platformed, Jared Taylor, Enrique Tarrio, Doug Mills, Eric, “ We’re, ”, Fox, Eric Trump, Newt Gingrich, Joe Biden’s, Kevin McCarthy, Laura Ingraham, Obama, Dennis Montgomery, Thomas McInerney, McInerney, John McCain, Bannon’s, “ it’s, Paul Gosar, Doug Ducey, Roy Blunt of, Roy Blunt, Anna Moneymaker, —, “, ” Mr, Mark Meadows, Josh Holmes, Kushner, — Mr, Mitt Romney, Lisa Murkowski, Lindsey Graham, Sean Hannity, Lindsey Graham of, Sean Hannity’s, — I’ve, Let’s, Graham, Pat A, Axios, Brendan Smialowski, “ Hannity, Thomas, Jenna Ellis, Matt Morgan, Al Gore, George W, Bush, Brooks, Stefan Passantino, Powell, Lynsey Weatherspoon, Gore, William H, Rehnquist, Giuliani —, Kris Kobach, Mark Martin, Lawrence Joseph, Kobach, Uncle Sam, Mr . Biden, Ken Paxton, Jeffrey M, Landry, Paxton, Kyle D, Hawkins, Jacquelyn Martin, Joseph, Richard L, Chris Carr, Carr, Mike Johnson of, Mike Johnson, McCarthy, Privately, Ted Cruz of, John Sauer, ’, ” James E, Nicolai, North, Wayne Stenehjem, Stenehjem, Wayne, Tasos Katopodis, MAGA, Marjorie Taylor Greene, Marsha Blackburn of, Ms, Blackburn, Amy Kremer, Ann Stone, Roger Stone, Amy Coney Barrett, Kremer’s, Kylie Jane Kremer, Jennifer Lawrence, Dustin Stockton, Lawrence, Stockton, I’ve, Lindell, they’d, Taylor, Greg Locke, Covid, Michael McKinney, Tucker Carlson, Carlson’s, “ Donald Trump, ” Ms, Meadows, Georgia runoffs, Byrne, Cipollone, he’d, Martin, Mike Pence, reconvene, ” Kylie Kremer, James Yeager, Kylie Kremer, Yeager’s, Lawrence whooped, John Kennedy, James Lyle, Josh Hawley, “ You’ve, Lyle, Couy Griffin, Kennedy, Pete Marovich, Kremer, Julie Jenkins Fancelli, Alex Jones, Caroline Wren, Kimberly Guilfoyle, Donald Trump Jr, Katrina Pierson, Brad Raffensperger, Jeffrey A, Rosen, Department’s, Jeffrey Clark, Scott Perry, Hawley, Cruz, Year’s, Tom Cotton of, Cotton, Cindy Chafian, Chafian, Jones, Stone, Locke, Jan, “ You’ll, Gosar, Griffin, Robert O’Brien, I’m, ’ ”, Kenny Holston, Donald Trump, ” Mark Walker, Ben Margot, Stefani Reynolds, Samuel Corum, Erin Schaff, David J, Ted Cruz, John Bazemore Organizations: Twitter, Dominion Systems, Trump, Biden, Dominion, New, New York City, The New York Times, Senate, New York, Republican Party, Capitol, White, Times, The Times, America News Network, Fox, America, Boys, New York Times, American, Air Force, Electoral College, Republicans, Joe Biden’s Democratic Party, Republican, Facebook, Democrats, Associated Press, “ Fox & Friends, White House, West Wing, “, Federal Bureau of Investigation, Veritas, Justice Department, Postal Service, York Daily, Agence France, Zignal Labs, Amistad, Thomas More Society, Mr, Electoral, Supreme, Lawyers, General Association, Associated, State, University of California, Republican House, Women, Tea Party, Trump -, Breitbart, of, Credit, SPAN, Tea Party Express, Republican National Committee, Internet, Army, Des Moines Register, Marine, General Services Administration, Swedish, Cowboys, Capitol ., Street Journal, Save, General Association ., Law Defense Fund, Freedom, Coalition, Proud Boys, Willard, Homeland Security, Party, Getty, Georgia Electoral College Locations: Detroit, Arizona, Georgia, New York, America, China, Trump, Grand Rapids, Mich, Philadelphia, Atlanta, Milwaukee, Santa Cruz ,, Arizona —, Russia, North Vietnam, United States, Roy Blunt of Missouri, Kentucky, Utah, Alaska, Lindsey Graham of South Carolina, Erie, Pa, Pennsylvania, Long, Bush, Florida, tightest, Kansas, North Carolina, Ken Paxton of Texas, Texas, State of Texas, Michigan, Wisconsin, Irvine, Mike Johnson of Louisiana, Ted Cruz of Texas, Missouri, Washington, Marsha Blackburn of Tennessee, Trump’s, Hudson, Stockton, Tennessee, Des Moines, Meadows, White, fistfights, Nashville, West Monroe, La, Louisiana, drumbeating, Tom Cotton of Arkansas, Delaware

☆ Inflation just fell when rate hikes were paused. So why should the Fed keep hiking?
▼ + stars: | 2023-07-12 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

But last month’s inflation report was an outlier — for the first time, the declines weren’t immediately preceded by a rate hike from the Federal Reserve. One month doesn’t dictate a trendFed Chair Jerome Powell has said it time and time again: One month’s data is not indicative of a trend. Powell repeatedly stresses that the Fed takes a data-dependent approach to interest rate decisions. In Schoenholtz’s view, the Fed should continue to hike interest rates even though inflation slowed down sharply in June despite the central bank holding rates steady. If the Fed waits too long to raise interest rates, it could risk its credibility, leading to a persistently higher price level that’s harder for the Fed to crack down on.

Persons: weren’t, Jerome Powell, ”, Kermit Schoenholtz, Powell, “, Wendy Edelberg, they’ve Organizations: New, New York CNN, Labor Department, Federal, CPI, Kermit Schoenholtz , New York University, Citigroup, Fed, Hamilton Project, Brookings Institution, CNN Locations: New York, Kermit Schoenholtz , New

☆ US economic activity rose slightly in recent weeks, Fed survey shows
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +5 min

July 12 (Reuters) - U.S. economic activity increased slightly in recent weeks, with slow growth seen continuing in coming months, according to a Federal Reserve report published on Wednesday that also offered further indications of abating inflation pressures. "Overall economic expectations for the coming months generally continued to call for slow growth," the Fed said. Meanwhile, the report largely dovetailed with other recent data suggesting upward pressure on prices was softening. Credit standards tightened for all loan types, and loan spreads continued to narrow." Data since the June 13-14 meeting have shown an economy still growing despite expectations that the 5 percentage points of Fed rate increases over the last year or so would tip it into recession.

Persons: Price, Dan Burns, Paul Simao, Andrea Ricci Organizations: Federal, Richmond Fed, New York Fed, San Francisco Fed, Employers, Labor, Thomson Locations: U.S, New York

Last week Fed policymakers decided to hold the policy rate steady at the current 5%-5.25% range, interrupting what had been a string of 10 straight increases aimed at stomping inflation. The unemployment rate has crept up to 3.7% but is lower than the 4% rate Fed policymakers estimate is consistent with a fully employed American workforce on a sustainable basis. That's one more reason, she said, to slow down on rate hikes. "No wonder there's a couple of extra rate hikes," Daly said. Two more quarter-point rate hikes this year, Daly said, is "a very reasonable projection at this point," she said.

Persons: Florence Lo, Mary Daly, Daly, what's, Banks, I've, Ann Saphir, Dan Burns, Andrea Ricci Organizations: REUTERS, San Francisco Federal Reserve Bank, Reuters, Thomson

"I think most of the world is watching," Megan Davis, constitutional lawyer and Aboriginal woman who is leading the campaign for the change, told Reuters in an interview. A successful referendum will set a precedent that will be "really useful for other indigenous populations around the world in relation to recognition," Davis said. While a majority of Indigenous Australians back the change, support has been wavering at a national level, according to recent opinion polls. In the past there have been 44 proposals for constitutional change in 19 referendums, and only eight of these have passed. Pat Anderson, another Indigenous woman and campaign leader said this was the best political space Aboriginal Australians have been in since their struggle started over 200 years ago.

Persons: Megan Davis, Davis, Pat Anderson, Anderson, Stephen Coates Organizations: SYDNEY, Reuters, First Nations, Nations, UN, United, Indigenous Peoples, Australia's, Thomson Locations: Australia, Torres, Scandinavia, British, Australia's, Canada, New Zealand, United States

☆ Samantha Irby Says It’s OK to Hate Your Body
▼ + stars: | 2023-06-18 | by ( David Marchese | ) www.nytimes.com time to read: +7 min

Talk Samantha Irby Says It’s OK to Hate Your BodyAs far as descriptions of writers go, “humorist” has an old-fashioned, almost quaint ring to it, the literary equivalent of haberdasher or lamplighter. Maybe I was born too early to get on the “I don’t give a [expletive] if you see my legs” thing. I don’t know if this is controversial, but I don’t miss my parents. But I don’t know. I think I’m off the hook a little because my main target is myself, but the joke sensitivity is wild to me.

Persons: Samantha Irby, ”, “, operatically, vivacity, Irby, ” Irby, I’ve, they’re, she’s, Cynthia Nixon, Kevin Yatarola, don’t, Nicole Ari Parker, Sarah Jessica Parker, Kristin Davis, Karen Pittman, ” Craig Blankenhorn, Max, Brown, Paul Mooney, Richard Pryor, I’m, David, David Marchese, Emma Chamberlain, Walter Mosley Organizations: ”, YouTube, Cal Newport Locations: ”, New York, America

[1/2] The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. They expect the Fed to raise its target rate to 5.25%-5.5% at the July 25-26 meeting. And it's quite likely that if the Fed does hold off on rates it will prep markets for action later on. The last Fed forecasts released at the March meeting had penciled in a 5.1% stopping point for the federal funds rate target, where it is now. Each Fed policymaker's view of the appropriate year-end policy rate is depicted by an anonymous "dot" on a grid.

Persons: Sarah Silbiger, who've, Wrightson ICAP, Wrightson, it's, Jerome Powell's, ’ ”, Powell, Ryan Sweet, Morgan Stanley, Oscar Munoz, Ann Saphir, Michael S, Howard Schneider, Dan Burns Organizations: Eccles Federal Reserve, Washington , D.C, REUTERS, Federal Reserve, Fed, Bank of America, Citibank, Reuters Graphics Reuters, Deutsche Bank, Oxford Economics, Securities, Derby, Thomson Locations: Washington ,, U.S

☆ Morning Bid: Nervy markets back on central bank watch
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +2 min

[1/2] Pedestrians walk past the Reserve Bank of Australia building in central Sydney, Australia, February 10, 2017. Throwing markets a slight curveball on Tuesday, Australia's central bank raised rates, dashing expectations that they'd stand pat and sending the Aussie dollar higher. For the U.S. rates outlook, CME FedWatch tool shows that the probability of the Fed standing pat at the June 13-14 meeting is now at 82%. Elsewhere in Asia, Hong Kong-listed China property stocks surged on hopes that Beijing would roll out supportive measures soon to bolster the embattled sector. The dollar remained on the backfoot after U.S. service sector activity unexpectedly softened, setting the stage for a mixed European open.

Persons: Steven Saphore, Ankur Banerjee, Christine Lagarde, Binance, Changpeng Zhao, bitcoin, Bitcoin, Tim Cook, Sam Holmes Organizations: Reserve Bank of Australia, REUTERS, Ankur, Federal Reserve, ECB, Apple, Meta, Hollywood, Reuters Graphics Reuters, PMI, Thomson Locations: Sydney, Australia, Australia's, Asia, Hong Kong, China, Beijing, Japan, U.S, Netherlands, Germany, Singapore

☆ A Trump spokeswoman mocked Pete Buttigieg's military service in a Memorial Day weekend spat with Ron DeSantis
▼ + stars: | 2023-05-28 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +2 min

On Saturday, a Trump spokeswoman took jabs at DeSantis for his political ambitions. She also dragged Pete Buttigieg into the crosshairs while using a photo of his military service. On Saturday, Trump spokeswoman Liz Harrington tweeted a clip of her criticizing DeSantis' political ambitions. The apparent attacks came during Memorial Day weekend, and Twitter users took notice, slamming Harrington for disparaging the DeSantis and Buttigieg service. Emailed the Trump campaign, DeSantis campaign, and Dot for comment

☆ This trader's got the 'perfect' job for full-time travel — and he's teaching others how to do it
▼ + stars: | 2023-05-18 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +7 min

So they sold their belongings, bought a boat and set off to sail around the world, despite having no sailing experience, he said. He called trading the "perfect" job for full-time travel because "all I need is a laptop, an internet connection, and I can be anywhere in the world." Source: BumfuzzleDuring their first trip around the world, Schulte said he and his wife kept track of every dollar they spent, which averaged about $3,100 a month. "Plus, there's not always something to do — we're not day trading … so there's plenty of talk about life and travel." The Schulte family approaching the Marquesas Islands after spending 21 days at sea crossing the Pacific Ocean.

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