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For Miyazaki, who painstakingly crafts thousands of hand drawings for a film, it's a long and laborious process. Several of Miyazaki's films rank among the biggest box-office hits ever in Japan; there are few other filmmakers today as revered — and fiercely beloved — as Miyazaki. “I am making this movie because I do not have the answer," Miyazaki told The New York Times in 2021. We are again, invited into a dizzyingly colorful otherworldly fantasy of Miyazaki's making. If this is to be the last Miyazaki movie (it would be unwise to ever really count him out), it's a tremendously moving goodbye.

Persons: Miyazaki's, Miyazaki, “, ”, —, Mozart, Guillermo del Toro, Mahito Maki, Soma Santoki, It's, Mahito's mother's, Yoshino Kimura, Mahito's, Masaki Suda, Mei, Mahito, Jake Coyle Organizations: TORONTO, Toronto, New York Times, Twitter Locations: Japan, Miyazaki, Toronto, Tokyo

☆ I used TikTok to plan my vacation. Here’s how that went
▼ + stars: | 2023-08-25 | by ( Amarachi Orie | ) edition.cnn.com time to read: +14 min

I put a stint of endless scrolling to good use by using the app to decide the itinerary for my latest vacation. So, like TikTok users said, early morning is probably the best time for a tourist to first experience the amusement park. Amarachi Orie/CNNWith a name meaning “Yellow Beach,” this place was an aesthetic wonder, which explains why it came up on TikTok. Amarachi Orie/CNNThis beach club on the Veronica Strip was recommended by TikTok users as the place to be to enjoy the island’s nightlife. I would recommend every place TikTok took me to, especially the aesthetic masterpieces: the yellow beach, Fiore and Masca.

Persons: Costa Adeje, Amarachi Orie, TikTokers, I’m, Orie, TikTok, I’d, Fiore, I’ll, don’t, CNN TikTok, Madonna, Harley Davidson, Bob Dylan, Bruce Springsteen, Billy Idol, Stevie Nicks, Veronica, Papagayo, Teide, Masca, it’s Organizations: CNN, TikTok, Costa Adeje TikTok, Costa Adeje, Port Colon, Workers, Papagayo Beach Club Spanish Locations: West Africa, Tenerife, Canary Islands, TikTok, tenerife, Costa, Siam, Spanish, Los Cristianos, Amarilla, Luuma, Playa de Las, Playa, Las, British, Santiago del Teide, Fiore

☆ Mega Millions jackpot lottery climbs to $1.55 billion and could end up being the largest in its history
▼ + stars: | 2023-08-05 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

The Mega Millions jackpot may be the game's largest prize ever at an estimated $1.55 billion. The burgeoning jackpot is estimated to top $1.55 billion, according to a Mega Millions press release. The Mega Millions company brags that it is the only lottery game to have awarded four jackpots surpassing $1 billion. "With enthusiastic players across the country, many of whom are newcomers to the game, it is indeed likely that there will be a record Mega Millions jackpot," the press release said. The Mega Millions hype comes weeks after someone snagged a luxurious $1.08 billion Powerball jackpot.

Organizations: Service Locations: Atlanta , Georgia, Wall, Silicon, South Carolina, Atlanta

☆ The Federal Reserve is likely to keep rates high. Here's a strategy to generate income and reduce risk
▼ + stars: | 2023-08-03 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +2 min

Near-dated Treasurys have seen a sizeable boost since the Federal Reserve has embarked on its rate-hiking campaign, and a strategy that allows investors to generate income in the short term is taking off. To that effect, the firm this week launched a trio of Treasury bond laddering strategies: six-month, 12-month and 24-month offerings, managed by its Wasmer Schroeder Strategies team. "There are two bond investors: total return and income," Lafferty said. "For income investors, those higher yields are still at the shorter end, and these might be people who are pulling income out of their portfolio or retirees who need to spend their current income," he added. For investors who are thinking longer term, Schwab offers 5-year to 15-year ladders, as well as a 1-year to 5-year variety.

Persons: Bond, Charles Schwab, Warren Buffett, US3M, David Lafferty, Schroeder, Lafferty, Schwab Organizations: Federal Reserve, Schwab Asset Management, Treasury

☆ ‘Who Picked Wings for This Menu?’: Business Lunches Are Back, and Awkward
▼ + stars: | 2023-08-02 | by ( Ray A. Smith | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ 'Barbenheimer's' $246 million weekend joins 'Star Wars' and 'Avengers' as one of the biggest openings ever
▼ + stars: | 2023-07-24 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

So, while the movies share nothing other than a release date, their box office performances have been intertwined. Because of the "Barbenheimer" effect, many moviegoers who had only planned to see one of the two films ended up watching both. When forecasting for the two movies first started, experts predicted that "Barbie" would have an opening weekend in the $50 million to $60 million range, while "Oppenheimer" looked poised to sell between $30 million and $40 million worth of tickets. "Barbie's" $162 million share of that figure set the record for biggest opening weekend ever for a female director. Here's how the "Barbenheimer" $246.2 million opening weekend stacks up among the biggest movie openings of all time, according to Comscore data.

Persons: Greta Gerwig's, Christopher Nolan's, Oppenheimer, Paul Dergarabedian, Barbie, Dergarabedian

☆ How the Gilgo Beach Suspect Wielded Power in Brownstone Brooklyn
▼ + stars: | 2023-07-21 | by ( Ginia Bellafante | More About Ginia Bellafante | ) www.nytimes.com time to read: +2 min

In his role as a consultant, Mr. Heuermann was often the person brought in to make these sorts of determinations. Like so many professions, architecture can be punishingly stratified, and Mr. Heuermann, who by all accounts was extremely knowledgeable about the city’s labyrinthine building codes, did not fall on the visionary side of the spectrum. Last week a friend called to say that someone had been apprehended in the Gilgo Beach murders and that, however astonishingly, we both knew him. Mr. Heuermann had been in her apartment — deeply aggravating in the moment and intensely creepy in retrospect — and had been rude and dismissive when her architect called him out on a miscalculation he made. During her own renovation, she told me, workers discovered some rotting beams between her apartment and the one above, a problem that Mr. Heuermann said needed to be remedied with drawings for the replacements, which he would produce.

Persons: Heuermann, Kelly Parisi Organizations: Fifth, AMS, Brooklyn Heights, Yale Locations: Massapequa, New York, Nantucket

☆ These 5 charts capture a rollercoaster 15 months for stocks, bonds, and crypto as the Fed pauses its tightening campaign
▼ + stars: | 2023-06-15 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Over the past 15 months, its monetary-tightening campaign fueled wild swings for stocks, bonds, and cryptocurrencies. The central bank didn't raise interest rates at the end of its June meeting Wednesday, opting not to lift borrowing costs for the first time in over 15 months. Stocks, bonds, and cryptocurrencies have all swung wildly over that period – and these five charts capture some of that chaos. When interest rates rise, stocks tend to fall because investors are able to earn better returns by parking their cash in a savings account, rather than buying shares in listed companies. Bond yields spikeBond prices also tend to slide when interest rates rise, again because would-be buyers can earn higher yields by depositing their cash in a bank.

Persons: —, –, Jerome Powell, they've Organizations: Federal Reserve, Service, Stock, Fed, Nasdaq, Dow Jones, Silicon Valley Bank, JPMorgan Chase, Western Alliance, Bitcoin Locations: Silicon, Francisco's, Beverly Hills

☆ Drawings done by King Charles as a small child go up for sale
▼ + stars: | 2023-06-14 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

CNN —Sweet crayon drawings by a very young King Charles III will show a different side to Britain’s royal family when they come up for auction this week. Emma Errington/Hansons AuctioneersIt is thought that Charles drew the crayon and pencil pictures of his parents between 1953 and 1955, when he would have been about 5 or 6 years old. The young prince chose a more sober black and white for his drawing of his father, Prince Philip. There are eight other drawings by the young Prince Charles, as he was at the time. There is also a cartoon-style illustration, thought to have been done between 1954 and 1956, which the young prince drew for his father.

Persons: King Charles III, Queen Elizabeth II, Prince Philip, Charles, Emma Errington, Charles ’ “ Papa ”, Hansons Auctioneers, Charles Hanson, “, Prince Charles, carmine, “ Charles ”, “ Happybright, ”, Papa, Princess Anne, ” CNN’s Oscar Holland Organizations: CNN Locations: Britain, “, London

Morgan Stanley analyst warned of potentially big swings for some of the regional banks it covers as the fallout for the crisis continues. Analyst Manan Gosalia downgraded Commerce Bancshares and Prosperity Bancshares to underweight from equal weight. Commerce Bancshares' new price target of $48 implies shares declining 3.5% from Monday's close. Meanwhile, the analysts' new price target of $60 per share for Prosperity Bancshares implies a 1% loss from where shares closed on Monday. To be sure, the analyst said that in the case deposit outflows do accelerate, Commerce Bancshares and Prosperity Bancshares would end up outperforming their peers due to their "generally more resilient funding profiles."

☆ Premarket stocks: The Fed could be on the verge of repeating its 1970s mistake
▼ + stars: | 2023-05-08 | by ( Julia Horowitz | ) edition.cnn.com time to read: +6 min

But Gary Richardson, a Federal Reserve historian, is worried policymakers — now contemplating taking a breather — still risk repeating mistakes from that era. A premature retreat could cause the Fed to lose its handle on the situation, presenting even grimmer options down the road. Quick rewind: The chair of the Federal Reserve at the time, Arthur Burns, hiked interest rates dramatically between 1972 and 1974. Inflation later roared back, forcing the hand of Paul Volcker, who took over at the Fed in 1979, Richardson said. But the comparisons reveal the high stakes for the Federal Reserve at a moment of acute uncertainty.

The off-balance sheet borrowings incurred after fiscal year 2021 will continue to be adjusted over the next three financial years, said one of the sources. However, from here on, any new off-balance sheet borrowings will be adjusted in the same year or the year after they have been incurred, the source added. In one year, the adjustment from borrowing requirements will not be more than 0.25% of gross state domestic product, said a the second source. Reuters GraphicsLower market borrowing by state governments was one factor that helped keep federal government bond yields in check in 2022-2023. State governments also had high cash balances at the start of the previous year, which helped bring down borrowings, said ICRA.

☆ Rare photo captures the moment the keys were turned on a US military 'doomsday' plane to launch an ICBM
▼ + stars: | 2023-04-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The US military test-launched a Minuteman III intercontinental ballistic missile last week. Newly released Air Force photos show the moment an airman turned the keys to initiate the launch. The launch was executed aboard a so-called 'doomsday' plane, and a newly released photo captures the moment an airman turned the keys to initiate the launch. US NavyUS Strategic Command said last week's launch is "part of routine and periodic activities" to ensure that Washington's nuclear capabilities are stable. Several times a year, an ICBM will be pulled from one of the Air Force Global Strike Command missile wings for an Operational Test Launch at Vandenberg.

☆ Morning Bid: Q1 was hard to get a handle on, and a choppy Q2 beckons
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +2 min

Pulling in one direction is a bank collapse that set interest rate expectations diving. After a month of wild swings for bonds and interest rate futures, rate expectations are settling around a peak in the Fed funds rate near 5% and then steady downhill from there. Euro zone inflation data later in the day can reinforce that, if it echoes stronger-than-expected German figures published on Thursday. Nerves on banks and lower U.S. Treasury yields have delivered investors into the arms of profitable, big cap technology companies. Q1 world marketsKey developments that could influence markets on Friday:Economics: Euro zone inflation, U.S. core PCEReporting by Tom Westbrook; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

☆ Analysis: What's behind bitcoin's latest surge?
▼ + stars: | 2023-03-22 | by ( Tom Wilson | ) www.reuters.com time to read: +5 min

The original and biggest cryptocurrency has been here before, its 15-year history peppered with dramatic price increases and equally vertiginous drops. Driving bitcoin's gains have been its core user base of retail investors, analysts said. In the past, too, dramatic price swings for bitcoin have been closely tied to shifts in monetary policy globally. In 2022, bitcoin plummeted over 65% as higher rates triggered the fall of a major crypto token, precipitating the closure of major hedge funds and crypto lenders. To be sure, some investors say developments to bitcoin's intrinsic characteristics are now capable of supporting its price.

☆ 3D printer company pays $2.77 mln for violating China export curbs -Commerce Dept
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Feb 27 (Reuters) - 3D Systems Corp on Monday agreed to pay $2.77 million in penalties to settle with the U.S. Commerce Department for illegally exporting to China controlled design drawings for military electronics and spacecraft, the Commerce Department said. In addition to the Commerce settlement, the company also entered into agreements with the Department of State and the Department of Justice, the agency said in a statement. Rock Hill, South Carolina-based 3D Systems, which provides 3D printing and other services to customers in the U.S. and abroad, emailed design documents, blueprints and technical specification to Quickparts.com, Inc., its then-subsidiary's office in China for price quotes, the Commerce Department said. The emails included design drawings for military electronics and the development and operation of spacecraft that required U.S. export licenses to send to Guangzhou City. 3D Systems did not immediately respond to a request for comment.

☆ 3D printer company to pay U.S. up to $27 mln for violating export curbs to China
▼ + stars: | 2023-02-27 | by ( Karen Freifeld | ) www.reuters.com time to read: +2 min

WASHINGTON, Feb 27 (Reuters) - 3D Systems Corp on Monday agreed to pay up to $27 million to settle with the U.S. for illegally exporting to China controlled design drawings for military electronics and spacecraft, among other violations. Besides the Commerce Department, the company also settled with the U.S. Department of Justice and the U.S. Department of State. The Commerce Department penalty is for $2.8 million. In addition to the aerospace documents, the Commerce Department said, 3D Systems exported metal alloy powder to China without a license, although it is restricted for national security and nuclear nonproliferation reasons. "The company is pleased to have reached a settlement with the agencies and remains committed to continuing to enhance its export controls program," 3D Systems said in a statement.

☆ One year of war in Europe: How the dollar, energy and food prices swirled
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +6 min

LONDON, Feb 24 (Reuters) - Russia's invasion of Ukraine has disrupted economies and markets around the world, from energy and food prices to European banks, emerging market stocks and the Russian currency. Below are five charts that show how Europe's biggest conflict since World War Two has shaped global financial markets in the last 12 months. But when Russian tanks rolled into Ukraine in late February, European natural gas prices rocketed by almost 400% in two weeks. Energy prices soared, bringing the threat of blackouts, recession and a worrying switch back to dirtier sources of fuel. Food price pressures are easing, but that does little to soften the blow for many developing nations, where food and energy prices make up a larger share of spending.

WHAT CAN’T chicken wings do? The key ingredient, nam yu (fermented red bean paste), delivers impressive funk, tang and heat. Ms. Lin marinates the wings for 24 hours, gives them a good char and serves them with a ginger-scallion sauce. Though she’s not a follower of football, her wings have become her signature Super Bowl contribution. “I think that’s honestly the best party food,” she said.

☆ Factbox: Will Ukraine get Western fighter jets and what are the challenges?
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +4 min

LONDON, Feb 9 (Reuters) - Ukraine's President Volodymyr Zelenskiy said on Thursday several Western countries were ready to provide Kyiv with aircraft to defeat Russia's invasion. Ukraine has been asking allies to provide modern fighter jets - dubbed "wings for freedom" in Zelenskiy's speech to British lawmakers this week - to replace its ageing fleet of Soviet MiG and Sukhoi planes. WILL UKRAINE GET THE FIGHTER JETS? Swedish Prime Minister Ulf Kristersson did not rule out sending fighter jets but played down expectations, saying the issue was not on Stockholm's agenda at the moment. The Kremlin has said that Western countries would be moving towards direct conflict with Russia if they send jets.

☆ Ukraine's Zelenskiy tells France, Germany to provide 'game changing' weapons
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +2 min

[1/5] French President Emmanuel Macron, Ukraine's President Volodymyr Zelenskiy and German Chancellor Olaf Scholz arrive to give a joint statement, at the Elysee Palace in Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/PoolPARIS, Feb 8 (Reuters) - France and Germany have the opportunity to be "game changers" in the war against Russia by not hesitating in delivering heavy weapons and modern fighter jets to Ukraine, President Volodymyr Zelenskiy said during a visit to Paris on Wednesday. I'm talking now about the weapons needed for peace and to stop the war started by Russia," Zelenskiy said. "France and Germany have the potential to be game changers and that's how I see our talks today. The sooner we get heavy long range weapons and our pilots get modern planes ... the quicker this Russian aggression will end."

"When you think about traditional drug and vaccine development and longevity of sales, it's usually much more spread out," Morningstar analyst Damien Conover said. The sudden inflow of revenue should prod companies to strike deals and link up with new partners, he said. Vaccine maker Moderna also expects 2023 revenue to fall sharply. The company's only product - its messenger RNA COVID vaccine - pulled in around $18.4 billion in 2022. Eli Lilly and Co (LLY.N) made $2 billion in 2022 from monoclonal antibody COVID treatments and is not expecting any revenue from the business in 2023.

☆ Earnings playbook: Your best moves ahead of Chipotle, Disney and the second half of reporting season
▼ + stars: | 2023-02-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +7 min

Roughly 50% of S & P 500 companies have posted earnings thus far, and the results have been mixed. Tuesday Chipotle Mexican Grill is set to report earnings after the bell, followed by a conference call at 4:30 p.m. What history shows: Data from Bespoke Investment Group shows Chipotle beats earnings expectations 76% of the time and averages a 1.7% gain on earnings day. What history shows: Bespoke data shows Disney beats earnings per share estimates nearly 80% of the time. What history shows: PayPal earnings have beaten analyst earnings expectations nine of the last 10 quarter, according to FactSet.

☆ Goldman Sachs' commodities team reportedly raked in $3 billion in 2022, with wild swings fueling one of its best years ever
▼ + stars: | 2023-02-02 | by ( Carla Mozée | ) www.businessinsider.com time to read: +2 min

Goldman Sachs' commodities traders pulled in $3 billion in revenue in 2022, Bloomberg reported Thursday, marking a near-record performance. Traders profited from big prices swings for energy, metals and other natural resources after Russia invaded Ukraine last year. The investment bank posted financial results last month but doesn't break out revenue and profit generated at the commodities desk. For total trading in fixed income, currencies and commodities, revenue jumped 38% to $14.68 billion. Sources told Bloomberg that commodities trading alone brought in over $3 billion, well above revenue of about $2 billion in the prior two years and approaching the high of $3.4 billion in 2009.

☆ I followed Nancy Pelosi's diet of breakfast ice cream and hot dogs for a week, and I ping-ponged between euphoria and the depths of despair
▼ + stars: | 2023-01-31 | by ( Sophie Kleeman | ) www.businessinsider.com time to read: +22 min

My research found that Pelosi eats ice cream for breakfast, hot dogs for lunch, pasta, and chocolate. Chocolate ice cream for breakfast, rich and creamy pasta, and lots of snacking chocolate. She claims she does not exercise; her daughter once arrived home to find her mother eating chocolate ice cream while using a stationary bike. I save the ice cream for later to avoid a massive sugar crash and start out with a cup of black tea instead. However, I don't want to slack off after the ice cream episode, so I slather it on.

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