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☆ Wimbledon 2023: The favorites to win the championships, the main challengers and how to watch
▼ + stars: | 2023-07-02 | by ( Matias Grez | ) edition.cnn.com time to read: +6 min

Despite struggling for form in the lead up to the French Open, Djokovic found his A-game when it mattered most in Paris and looked largely unstoppable. Lisi Niesner/ReutersRybakina became the first player from Kazakhstan to win a grand slam title after beating Ons Jabeur in three sets in last year’s Wimbledon final, catapulting her to stardom overnight. Belarussian Sabalenka and Poland’s Iga Świątek are joint favorites to win the title alongside Rybakina, according to bookmakers. Sabalenka has three titles to her name this year, including that maiden grand slam in Australia, and has matched her career-high of No. Iga Swiatek is a four-time grand slam champion but is yet to win Wimbledon.

Persons: Novak, Roger Federer’s, –, Björn Borg –, Djokovic, Spain’s Carlos Alcaraz, Garros, Carlos Alcaraz, Susan Mullane, Reuters Alcaraz, Alcaraz, – Daniil Medvedev, Stefanos Tsitsipas, Casper Ruud, Holger Rune, Frances Tiafoe, Julian Finney, Francis Tiafoe, Chile’s Nicolas Jarry, Elena Rybakina, Donna Vekić, hadn’t, Kazakhstan's Elena Rybakina, Linda Noskova, Lisi Niesner, Reuters Rybakina, Belarussian, Iga, Rybakina, Sabalenka, Aryna Sabalenka, agains Karolina Muchova, Veronika Kudermetova, Świątek, Tatjana Mariana, hasn’t, Joaquim Ferreira, Coco Gauff, Ekaterina Alexandrova, Madison Keys Organizations: CNN — Tennis, All England Club, Wimbledon, Roland, Queen's, USA, Sports, Reuters, Queen’s, Getty, Stuttgart, Eastbourne International, Czech, Stade Roland, Bad, Junior Wimbledon, Bernarda Pera, BBC, ESPN, Tennis Channel Locations: London, Paris, Germany, Wimbledon, Kazakhstan, Australia, United Kingdom

☆ A college graduate with $33,000 in student loan debt says she has 'no hope' after the Supreme Court rejected Biden's forgiveness plan
▼ + stars: | 2023-07-01 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Many borrowers are dismayed after the Supreme Court struck down President Biden's student-debt relief plan. Anderson said she consistently made her loan payments, but it didn't make a dent in her balance. But in a 6-3 decision, the Supreme Court, driven by its conservative majority, ruled that Biden's debt-relief plan was unconstitutional and required explicit approval by the US Congress. "Now that the Supreme Court has rejected the student loan forgiveness, I have no hope," she told The Post. But hours after the court's decision, Biden initiated a process for using the Higher Education Act of 1965 to cancel student loan debt.

Persons: Biden's, Scarlet Anderson, Anderson, —, Joe Biden's, Pell, Biden, I'm, White Organizations: Service, Education, Arizona State University, Washington Post, Higher

☆ Why We Don’t Recommend the Ninja Creami
▼ + stars: | 2023-06-30 | by ( Mace Dent Johnson | ) www.nytimes.com time to read: 1 min

If your TikTok For You page looks anything like mine, you’ve heard of the ice cream blending machine called the Ninja Creami. When I tested it, I was impressed by some aspects, but had some serious doubts about safety and longevity. Here’s why →

Persons: you’ve

The liberal justices, including Biden's appointee Ketanji Brown Jackson, found themselves in the role of the dissenting minority in some of the nine-month term's biggest cases. The conservative justices invoked the "major questions" doctrine, a muscular judicial approach that gives judges broad discretion to invalidate executive agency actions of "vast economic and political significance" unless Congress clearly authorized them. In those cases, the conservative justices were unified in the majority and the liberal justices dissented. In that case, the liberal justices were joined by one conservative justice, Trump appointee Brett Kavanaugh, in dissenting on the new test. The justices on Friday agreed to decide whether a 1994 federal law that bars people under domestic violence restraining orders from possessing firearms violates the Constitution's Second Amendment.

Persons: Amy Coney Barrett, Neil M, Gorsuch, Brett M, Kavanaugh, Ketanji Brown Jackson, Sonia Sotomayor, Clarence Thomas, John G, Roberts, Jr, Samuel A, Alito, Elena Kagan, Read, Joe Biden's, Donald Trump's, Erwin Chemerinsky, Trump's, Chemerinsky, Trump, Brett Kavanaugh, Ruth Bader Ginsburg, Roe, Wade, Jackson, Justice Jackson, Adam Feldman, Biden's, John Kruzel, Andrew Chung, Will Dunham Organizations: Supreme, U.S, Republican, Harvard University, University of North, University of California Berkeley Law School, U.S . Environmental, Alabama, Senate, Consumer, Thomson Locations: Washington , U.S, WASHINGTON, University of North Carolina, U.S, Texas

☆ Oil ticks down on interest rate hike fears
▼ + stars: | 2023-06-29 | by ( Arathy Somasekhar | ) www.reuters.com time to read: +2 min

Summary Rate hike expectations boost fears of slow economic growthWeak economic data in China weighs on sentimentHOUSTON, June 29 (Reuters) - Oil prices edged lower on Thursday, as fears that rising interest rates could dent global economic growth and crude demand offset a bigger-than-expected fall in U.S. inventories. Brent crude futures fell 38 cents, or 0.5%, to $73.66 a barrel by 1127 a.m. Investors were concerned about rising interest rates and economic growth after Federal Reserve Chair Jerome Powell reiterated that he expects the moderate pace of interest rate decisions to continue in the coming months. "Crude traders remain torn between rising interest rates with fears of a global recession against elevated travel demand and shrinking crude supplies," said Dennis Kissler, senior vice president of trading at BOK Financial. "The lack of prospects for fuel demand growth has limited the gain in oil prices, even with supply curbs by oil producers," said Tetsu Emori, CEO of Emori Fund Management Inc.

Persons: Jerome Powell, Dennis Kissler, Christine Lagarde, Tetsu Emori, Ahmad Ghaddar, Yuka Obayashi, Jason Neely, David Evans, Barbara Lewis, David Gregorio Our Organizations: Brent, . West Texas, U.S . Energy Information Administration, Investors, Federal Reserve, BOK Financial, European Central Bank, Emori Fund Management Inc, Thomson Locations: China, HOUSTON, European, Saudi Arabia, OPEC, London

☆ The Number of Homeless People in Los Angeles Increases by 9%
▼ + stars: | 2023-06-29 | by ( Jill Cowan | ) www.nytimes.com time to read: +4 min

The increase in Los Angeles mirrors trends playing out in cities across the country, including Phoenix, as a housing shortage has led to rising costs, squeezing families. In Los Angeles, volunteers fan out over a couple of nights each January to visually count people who appear to be living outdoors or in vehicles. Washington, D.C., has already reported an increase of 11 percent, while the Phoenix area said its homeless population was up 7 percent. Los Angeles is hardly the only American city to struggle with homelessness, but its homeless population is disproportionately large, and about 30 percent of the nation’s homeless population lives in California. As a result, Los Angeles is a kind of large-scale test case for which solutions work and which don’t.

Persons: Karen Bass, ”, Adams, Bass, ” Ms Organizations: University of California, Homeless, Washington , D.C Locations: Los Angeles, Phoenix, San Francisco, California, Washington ,, Chicago, New York, Los Angeles County

☆ Texas Heat Wave 2023: How to Prevent Power Outages - The New York Times
▼ + stars: | 2023-06-29 | by ( Michael E. Webber | ) www.nytimes.com time to read: +2 min

As of 2021, that program included about 43,000 controllable thermostats that help make a small dent in peak demand. Utilities have a lot to gain from these programs, including more control over the grid and avoiding the costs and many years involved with building new power plants. And we all benefit from the emissions and fuel costs we avoid by not having to fire up backup power plants in a heat wave. We have designed our system to ramp power plants up and down to deal with peak demand. But we need to flip our thinking — we need to adjust demand to the capacity of the power plants.

Persons: they’re, you’re Organizations: Utilities Locations: Austin , Texas, Austin, United States

☆ Climate event El Niño could hit the economy from food prices to clothing sales this year
▼ + stars: | 2023-06-29 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

But that’s not the only effects expected: Combined with climate change, El Niño this year could dent US economic growth, potentially impacting everything from food prices to the winter clothing sales. Higher food prices are a common theme across El Niño events, according to a recent Deutsche Bank report. Dry weather has parched crops in El Salvador as the El Niño weather threatens food security. The last time there was an El Niño in 2018 through 2019, NOAA dubbed it “The Great Puny El Niño” due to its relatively weak impact on weather conditions. He projects that El Niño weather events could cause $84 trillion in economic losses in the 21st century.

Persons: Niño, that’s, ”, Christopher Callahan, ” Christopher Callahan, El, Lesley, Ann Dupigny, Giroux, Yi Yu, Linh Pham, Winters, Yu, Callahan, Simeon Siegel, “, Chris Scheuring, “ It’s, Camilo Freedman Organizations: CNN, Oceanic, Atmospheric Administration, NOAA, Dartmouth, Southern, University of Vermont, University of California, Southwestern, Vietnam Electricity Group, Bloomberg, Getty, Deutsche Bank, BMO Capital Markets, Dupigny, US Federal Aviation Administration, California Farm Bureau, La Union, Prediction Locations: Niño, University of California Irvine, Asia, Australia, Southwestern United States, Tri An, Vinh Cuu, Dong Nai Province, Vietnam, United States, rainier, El, Pasaquina, La, El Salvador

☆ How the Shortage of a $15 Cancer Drug Is Upending Treatment
▼ + stars: | 2023-06-26 | by ( Christina Jewett | ) www.nytimes.com time to read: +1 min

The nation’s monthslong shortage of highly potent cancer drugs is grinding on, forcing patients and their doctors to face even grimmer realities than those cancer typically presents. Thousands of patients like Mr. Shepard have been confronting gut-wrenching options, delays in treatment and potentially bleaker futures. Oncologists are concerned that the alternatives to two crucial chemotherapy drugs are far less effective in treating certain cancers, and are sometimes more toxic. Some companies that sell the medications are projecting that the shortage will last through the fall or later. So far, neither a group of experts organized by the Biden administration nor prominent medical organizations have found a way to avoid rationing the crucial chemo drugs.

Persons: Shepard, Biden, chemo Locations: China

☆ Renewables growth did not dent fossil fuel dominance in 2022, report says
▼ + stars: | 2023-06-25 | by ( ) www.reuters.com time to read: +5 min

Energy consumption grew everywhere apart from Europe, including Eastern Europe. Renewables, excluding hydropower, accounted for 7.5% of global energy consumption, around 1% higher than the previous year. The share of fossil fuels in global energy consumption remained at 82%. Most oil demand growth came from revived appetite for jet fuel and diesel-related products. Europe accounted for much of LNG demand growth, increasing its imports by 57%, while countries in the Asia-Pacific region and South and Central America reduced purchases.

Persons: Juliet Davenport, consultancies, Shadia, Philippa Fletcher Organizations: Belchatow, REUTERS, Stezycki Companies, World Energy, Energy, Energy Institute, consultancies KPMG, Kearny, BP, Renewables, OECD, Central America, Thomson Locations: Zlobnica, Poland, Ukraine, Europe, Asia, Paris, Eastern Europe, United States, Nigeria, North America, Pacific, South, Central, Japan, China, India, Indonesia

☆ Meet an Australian millennial with $7,000 in student debt who says paying off the balance 'is not my priority at this point' — but it could soon start growing at a faster rate
▼ + stars: | 2023-06-25 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Olivia Fitzpatrick, 29, has $7,000 in student debt in Australia, but she's not too worried about it. Olivia Fitzpatrick, 29, has just over 10,000 Australian dollars, or about $6,790, in student debt — and even as a financial educator on social media, it's not a concern for her. If I started earning significantly more over the next year, I would consider paying off the debt just for the feeling of having no student debt and also more cash flow from working." She said she doesn't have any regrets about taking on student loans because it was a "great return on investment" for her. This is a dilemma American student-loan borrowers are all too familiar with.

Persons: Olivia Fitzpatrick, she's, —, hasn't, it's, Fitzpatrick, Joe Biden's, Mehreen Organizations: Service, Higher, Higher Education Loan Program, Guardian, Greens Locations: Australia, Melbourne, America, New South Wales

☆ Greek PM Kyriakos Mitsotakis wins repeat election, securing clear parliamentary majority
▼ + stars: | 2023-06-25 | by ( Elinda Labropoulou | ) edition.cnn.com time to read: +7 min

CNN —Kyriakos Mitsotakis, leader of Greece’s center-right New Democracy party, has won a second four-year term as prime minister. During his election campaign, Mitsotakis vowed to further extend a 35-kilometer fence at the Greek-Turkey border, to block migrants trying to enter Greece. Fueled by May’s initial election results, Greek bonds and stocks have rallied with optimism that a pro-investment government could prevent financial backsliding. Other fringe far-right entries to the race included the nationalist party Greek Solution and the ultra-religious, anti-abortion Niki. “But despite the populist cacophony, Mitsotakis’ strong victory provides the new government a clear mandate to govern.”

Persons: Kyriakos Mitsotakis, Mitsotakis, ”, “, Syriza, “ Mitsotakis, Nick Malkoutzis, ” Mitsotakis, Alexis Tsipras –, –, Tsipras, Wolfgango Piccoli, Vassiliki Georgiadou, Ilias Kasidiaris, Niki Organizations: CNN, Democracy, New Democracy, PASOK, KKE, Panteion University, Spartans, Nazi, Freedom Locations: Greece, Pylos, Turkey, Europe, New, Athens, Golden

☆ Dollar rises as hawkish central banks cast shadow over growth outlook; dent risk sentiment
▼ + stars: | 2023-06-23 | by ( ) www.cnbc.com time to read: +3 min

Rate hike surprises and hawkish comments from central banks globally have renewed market fears that policymakers have further to go in tightening policy to tame inflation, even at the risk of tipping their economies into a recession. Norway's central bank on Thursday also stunned markets with a 50 bp rate hike and said it aimed for another hike in August. "Markets are definitely taken by surprise by the recent, more aggressive actions that some central banks had to take," said Khoon Goh, head of Asia research at ANZ. "Also putting into question the following trend of other central banks that initially looked like they've paused but went on to hike rates ... so that's something that markets are starting to become worried about again." Fed Chair Jerome Powell said on Thursday the central bank would move interest rates at a "careful pace" from here.

Persons: stoked, Sterling, Nick Bennenbroek, Khoon Goh, they've, Jerome Powell Organizations: U.S, Federal Reserve, Bank of England, U.S ., The, New, Swiss National Bank, ANZ, Reserve Bank of Australia, Bank of Canada, Fed Locations: Wells Fargo, New Zealand, Asia

☆ Gay male couples face more challenges, higher costs to start a family
▼ + stars: | 2023-06-23 | by ( Courtney Reagan | ) www.cnbc.com time to read: +9 min

watch nowWhy gay male couples face higher costsAlon Rivel, left, with his family. Gay male couples typically face a more expensive journey, as surrogacy or adoption are their primary choices. Employer fertility benefits offer limited helpMore employers are starting to offer fertility benefits, often through a specialized fertility benefits manager like Kindbody, Carrot, Progyny or Maven. But while more companies are offering fertility benefits, many of these packages are limited when it comes to covering what's needed to build families with non-traditional methods. At Rivel's insistence, he asked his human resources department to look into including surrogacy benefits.

Persons: Alon Rivel, Alon Rivel Alon Rivel, Rivel, Betsy Campbell, Maven, Will Porteous, Doug, Walter ., Porteous, Progyny's, Pete Anevski, Tammy Sun, Taryn Branca, they'll, Anevski, it's, Resolve's Campbell, Hanna, Stephen Hanna, Bret Shuford, Maverick Organizations: International Foundation of Employee, Equality, Mercer, Maven, Beam Therapeutics, Child Welfare Locations: Arlington , Massachusetts, U.S, Wynnewood , Pennsylvania, West, Massachusetts

☆ Dollar rises as hawkish central banks dent risk sentiment, sterling slips
▼ + stars: | 2023-06-23 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

While higher rates are typically supportive of currencies, the risk that they will trigger an economic downturn has pushed some investors to seek safe-haven assets like the U.S. dollar. The Turkish lira slid to a record low of 25.589 against the U.S. dollar, after the Turkey's central bank 650 basis points hike to 15% on Thursday missed expectations. In other currencies, the dollar rose broadly and stood near an over seven-month high against the yen at 142.90. The euro slipped 0.04% to $1.0950, while the U.S. dollar rose 0.05% against a basket of six major peers to 102.44. "Most of the Western central banks are now more hawkish than previously projected," said Tina Teng, market analyst at CMC Markets.

Persons: stoked, Sterling, BoE, Nick Bennenbroek, Jerome Powell, Tina Teng, Rae Wee, Sam Holmes Organizations: Federal Reserve, Bank of England, U.S ., Bank of Japan, U.S, Federal, Fed, Swiss National Bank, CMC Markets, New Zealand, Thomson Locations: SINGAPORE, Wells Fargo

☆ Morning Bid: Another round of rate hikes, macro data on tap
▼ + stars: | 2023-06-22 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +2 min

Asian markets will be waking up to a jolt of central bank rate hikes and looking ahead to a big round of macro data on Friday. The Bank of England surprised many investors on Thursday by raising interest rates by a bigger-than-expected half a percentage point, lifting its main interest rate to 5%, the highest since 2008. England wasn't alone: The Swiss National Bank raised its policy rate and signaled more tightening was likely, while Norway's central bank raised its key policy rate to a 15-year high. In the U.S., Federal Reserve Chair Jerome Powell told a Congressional hearing that the central bank would move interest rates at a "careful pace" from here after pausing hikes at its last meeting. The mood could shift on Friday, as data will give a glimpse into how much central bank tightening is weighing on global growth.

Persons: Lewis Krauskopf, England wasn't, Jerome Powell, Deepa Babington Organizations: Bank of England, Swiss National Bank, Reuters Graphics Reuters, Nasdaq, U.S, Global, Japan CPI, Singapore CPI, Reuters, Thomson Locations: Lewis, U.S, England, Europe, United States, Japan, Malaysia, Singapore

Fed Governor Christopher Waller warned on Friday "core inflation is not coming down like I thought it would." Richmond Fed President Thomas Barkin said he was "comfortable" with further rate increases given that inflation was still not on the path back to 2%. Markets now await comments from more Fed officials including Fed Vice Chair Michael Barr later in the day, and Fed Chair Jerome Powell's semiannual monetary policy testimony to the U.S. House Financial Affairs Committee on Wednesday. Adding to the dour mood, China cut its benchmark lending rates by a smaller-than-expected 10 basis points. U.S.-listed shares of Chinese companies including Alibaba Group , JD.com and PDD Holdings (PDD.O) fell between 1% and 6% in premarket trading.

Persons: Eli Lilly, Christopher Waller, Thomas Barkin, CMEGroup's, Waller, Barkin, Michael Barr, Jerome Powell's, Powell, Hogan, Daniel Zhang, Shristi Achar, Shubham Batra, Johann M, Vinay Dwivedi Organizations: Therapeutics, Dow, Nasdaq, Federal Reserve, Richmond Fed, Traders, Microsoft, U.S . House Financial, Housing, Capitol, Riley, Fed, Alibaba, PDD Holdings, Dow e, Adobe Inc, Ford, General Motors, Tesla Inc, Dice Therapeutics, Thomson Locations: China, U.S, Bengaluru

☆ Opinion | Take Bobby Kennedy Jr. Seriously, Not Literally
▼ + stars: | 2023-06-20 | by ( Bret Stephens | ) www.nytimes.com time to read: +2 min

Liberals have come to like Biden more during his presidency, whereas they came to like Johnson a lot less. McCarthy was a serious man who had held a high office for nearly 20 years when he challenged Johnson. Now that he’s running, the safe call seems to be to rally behind him, lest a challenger help sink his chances. That’s what another Kennedy, Teddy, helped do to another Democratic incumbent, Jimmy Carter, in 1980. Sixty-six percent of registered voters think Biden is too old to be president and 59 percent have doubts about his mental fitness, according to a Harvard CAPS-Harris poll conducted last week.

Persons: aren’t, Biden, Johnson, McCarthy, Kennedy’s, Donald Trump, Nixon, Kennedy, Teddy, Jimmy Carter, he’s, Kamala Harris, Harris, Trump Organizations: Democratic, Trump, Harvard

State and local officials have touted the settlements as providing desperately needed relief to communities hit hard by the crisis. But when the money will be paid out, and who will get it, remains far from clear, Reuters has found. Among the states where money is already reaching organizations on the ground are Massachusetts, Kentucky and Arizona. Most states share a significant portion of their total settlement funds with their city and county governments, which make their own independent decisions about how to spend. But in May, the board overseeing the state’s opioid settlement denied a joint application by Challenges and a county health department to fund harm reduction efforts, without explaining its decision.

Persons: Johnson, ”, Brandon Marshall, Julie Burns, Chris Bryan, Glenn Hegar, Lisa Ruzicka, “, Ruzicka, “ I’ve, drugmakers Johnson, Lauren Kestner, Tricia Christensen, –, we’re, ” Marc Burrows, Brendan Pierson, Disha, Alexia Garamfalvi, Claudia Parsons Organizations: Johnson, U.S . Centers for Disease Control, Reuters, District of Columbia, Reuters Graphics Reuters Graphics Reuters, Brown University School of Public Health, Rhode, Texas, Hope Foundation, Walgreens, Alliance, state’s Department of Health, Human Services, Prevention Services, Community Education Group, Alabama Attorney, University of Mississippi Medical, Inc, Thomson, & $ Locations: Massachusetts, Texas, United States, Maryland, Illinois, . Arkansas, Kentucky, Arizona, Rhode, RIZE Massachusetts, RIZE, Kansas, North Carolina, Charlotte, Appalachia, Mississippi, Alabama, New York

☆ Yen falls after BOJ stands pat; hawkish ECB and soft US data dent dollar
▼ + stars: | 2023-06-16 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

The decision by the BOJ to keep its short-term interest rate target at -0.1% and its 10-year bond yield around 0% was widely expected. Even so, it was enough to pressure the yen further with the Japanese currency falling about 0.3% against the dollar to 140.72 . That and a run of soft U.S. economic data saw the dollar fall broadly as traders scaled back their bets on how high U.S. interest rates would need to rise. The euro stood near a one-month high at $1.0937, having surged over 1% on Thursday following the rate hike and hawkish forward guidance from the ECB. Production at U.S. factories almost stalled in May as manufacturing struggled under the weight of higher interest rates, while U.S. import prices similarly fell last month.

Persons: Christine Lagarde, Sterling, Rae Wee, Edwina Gibbs Organizations: Bank of Japan, European Central Bank, ECB, Deutsche Bank, Bank of England, U.S . Federal Reserve, Fed, Labor Department, Thomson Locations: SINGAPORE, Asia, United States

☆ Canada just seized one of Russia's dwindling supply of massive heavy-lift cargo planes
▼ + stars: | 2023-06-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

The aircraft was an Antonov An-124, one of the biggest transport aircraft in the world. It was one of the few heavy-lift transport aircraft that Russia's military still has in operation. This month, Canada confiscated an Antonov An-124, one of the biggest transport aircraft in the world. Soon afterward, Canada closed its airspace to Russian aircraft in response to Moscow's attack on Ukraine on February 24. A Volga Dnepr Airlines Antonov An-124 grounded at Canada's Pearson International Airport in May 2022.

Persons: Antonov, —, Canada's, Steve Russell, Putin's, Ruslan Kaniuka, Jan Woitas, Antonov —, Michael Peck Organizations: Service, Pearson Airport, Volga Dnepr, Volga Dnepr Airlines Antonov, Canada's Pearson International Airport, Toronto Star, Getty, Wall Street, Dnepr Airlines LLC, Dnepr Group, Canada, Crown, Government, Kyiv, Antonov, Publishing, Soviet, Royal United Services Institute, International Institute for Strategic Studies, Russian Air Force, NASA, SpaceX, NATO, Soviets, Defense, Foreign Policy, Twitter, LinkedIn Locations: Canada, Russian, Toronto, Ukraine, Volga Dnepr Airlines, Volga, Hostomel, Soviet, British, Russia, Afghanistan, Iraq, Ukrainian, Crimea, Forbes

☆ US government hit in global cyberattack
▼ + stars: | 2023-06-15 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —“Several” US federal government agencies have been hit in a global cyberattack that exploits a vulnerability in widely used software. A CISA spokesperson had no comment when CNN asked who carried out the hack of federal agencies and how many have been affected. But the news adds to a growing tally of victims of a sprawling hacking campaign that began two weeks ago and has hit major US universities and state governments. As of Thursday morning, the dark website did not list any US federal agencies. Progress, the US firm that owns the MOVEit software, has also urged victims to update their software packages and has issued security advice.

Persons: Eric Goldstein, cybersecurity, “, – Organizations: CNN, Infrastructure Security Agency, Johns Hopkins University, University of Georgia, –, BBC, British Airways Locations: Russian, Baltimore, Georgia’s, Minnesota, Illinois

[1/2] A view of the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. The latest round of penny-pinching comes as Goldman Sachs management grew more pessimistic about an economic recovery and dealmaking this year. Goldman Sachs investment banking revenue is down 52% in that same period, the Dealogic data showed. Goldman Sachs trades at 0.97 times its book value, lagging rivals Morgan Stanley and JPMorgan Chase & Co (JPM.N) which trade at 1.45 times and 1.33 times, respectively, according to Refintiv data. Reuters GraphicsThe headcount reductions and cost cutting do not solve Goldman's fundamental challenges: its reliance on investment banking and trading.

Persons: Goldman Sachs, Andrew Kelly NEW, Goldman, David Solomon, John Waldron, Morgan Stanley, pare, Brennan Hawken, Waldron, Saeed Azhar, Lananh Nguyen, Tatiana Bautzer, Andrea Januta, Anna Driver Organizations: REUTERS, Andrew Kelly NEW YORK, Goldman Sachs, Investment, Lazard Ltd, Citigroup Inc, JPMorgan Chase &, Reuters, Thomson Locations: Manhattan , New York, U.S, New York, Bengaluru

If you're looking for options to help you get out of debt and make repayment easier, debt consolidation may be right for you. Debt consolidation takes a group of different debts you owe and turns them into one monthly payment. See the current debt consolidation interest rates >>With debt consolidation, you take out a new loan to pay off debts you owe on multiple different accounts. Personal loansA personal loan is a flexible loan option that can be used for various personal reasons, including debt consolidation. See Insider's guide to the best debt consolidation loans >>Compare Personal Loan RatesBalance transfer credit cardsAnother option for debt consolidation if you have credit card debt is a balance transfer.

Persons: — Organizations: Service, Chase Slate

☆ Homebuyers on a budget should look for a house in these 15 smaller markets where the average down payment for a starter home is $50,000 or less
▼ + stars: | 2023-06-13 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Affordable starter homes that were once ubiquitous can now be rare finds. Here are 15 towns where the average down payment on a starter home is $50,000 or less. The firm found that the share of starter homes built has fallen from about 70% in the 1940s to just 7% in the early 2020s. Unlike in previous decades, homebuyers can't count on finding affordable starter homes in so-called "secondary" cities that neighbor larger metropolitan areas. 15 towns with relatively affordable homesThough prospects for first-time homebuyers seem grim, it's worth noting that starter homes in smaller secondary cities haven't been completely picked over yet.

Persons: it's, they're, It's, Alexandra Ciuntu, Point2, homebuyers, Ciuntu, unaffordability Organizations: Boomers Locations: Point2

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