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☆ Indian shares set to open lower; domestic inflation data in focus
▼ + stars: | 2023-08-14 | by ( Manvi Pant | ) www.reuters.com time to read: +2 min

A security guard walks past the logo of the National Stock Exchange (NSE) inside its building in Mumbai, India, May 28, 2019. REUTERS/Francis Mascarenhas/File PhotoBENGALURU, Aug 14 (Reuters) - Indian shares on Monday are expected to start on a slightly weaker note in the holiday-truncated week as earnings season draws to a close, ahead of domestic retail inflation data due later in the day. India's GIFT Nifty on the NSE International Exchange was down 0.28% at 19,432 at 7.58 a.m. IST. Foreign investors sold shares worth 30.73 billion Indian rupees ($370.80 million) on Friday, according to provisional data from the National Stock Exchange (NSE). ($1 = 82.8740 Indian rupees)Reporting by Manvi Pant in Bengaluru; editing by Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Manvi, Eileen Soreng Organizations: National Stock Exchange, REUTERS, NSE, Reserve Bank of India's, ITC, Vodafone, BSE, Associates, Deloitte, Natural Gas Corporation, Jindal Steel, Thomson Locations: Mumbai, India, BENGALURU, China, Beijing, Manvi Pant, Bengaluru

☆ New trading tech doesn't alter long-standing investment fundamentals, best-selling financial author William Bernstein suggests
▼ + stars: | 2023-08-12 | by ( Lina Hassen | ) www.cnbc.com time to read: +2 min

Advancements in investment products and trading platforms haven't altered long-standing investing fundamentals, according to neurologist and best-selling financial author William Bernstein. The first pillar of investing according to Bernstein is theory, in which he stressed that risk and return are "joined at the hip." His second pillar is history. Bernstein's final investing pillar is business. This idea is one of the reasons Bernstein feels positive about the exchange-traded funds business and its role in reducing fees.

Persons: William Bernstein, Bernstein, Bob Pisani, Serena Williams, Covid swoon

☆ A showdown over Trump’s trial date reflects an irreconcilable clash between campaign politics and justice
▼ + stars: | 2023-08-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The campaign trail will run as much through various court rooms as through the fabled rituals of an American election year. Furthermore, the events surrounding Trump’s denial of his 2020 election defeat have been in the public domain for years. But Trump’s team has already warned it may need up to three-and-a-half years to prepare his defense. His forceful opening gambit on the date suggests a strategy to ensure that any compromise date the judge arrives at will still be relatively early in 2024. The question of a trial date will likely wait for a subsequent hearing.

Persons: Jack Smith, Donald Trump, Smith, Prosecutors, Trump’s, Trump, ”, Elie Honig, Tim Parlatore, “, ” Parlatore, Smith’s, Joe Biden’s, Tanya Chutkan, Chutkan, Ryan Goodman, Ron DeSantis, Aileen Cannon Organizations: CNN, Iowa GOP, Prosecutors, GOP, Trump, IOWA, Republican, Defense Department, White, Trump’s Republican, Florida Gov Locations: Washington, DC, Iowa, New Hampshire, Manhattan, Florida, Lago, Georgia, American

☆ A frigid apocalypse doomed early humans in Europe
▼ + stars: | 2023-08-10 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

REUTERS/David Mdzinarishvili REUTERS/File PhotoAug 10 (Reuters) - Long before our species Homo sapiens trekked out of Africa, earlier human species also spread to other parts of the world. The frigid interval - comparable in intensity to the more recent ice ages - appears to have rendered Europe inhospitable for the bands of early human hunter-gatherers, as extreme glaciation deprived them of food resources. Fossils and stone tools indicate that Homo erectus established a foothold in Eurasia and later southern Europe relatively early in its history. The human species who subsequently colonized Europe proved more resilient amid persistent glacial conditions. "The study provides insights into the initial vulnerability of early human species to environmental changes and how eventually they adapted to increasing glacial climatic stress," Timmermann said.

Persons: David Lordkipanidze, David Mdzinarishvili, Chris Stringer, Stringer, Axel Timmermann, Chronis Tzedakis, erectus, Homo, sapiens, Timmermann, Will Dunham, Rosalba O'Brien Organizations: Georgian Academy of Sciences, REUTERS, David Mdzinarishvili REUTERS, Pusan National University, University College London, Thomson Locations: Dmanisi, Tbilisi, Africa, Europe, Spain, London, South Korea, Eurasia, Georgia, Italy, Germany, Washington

☆ Annuities, stocks or Treasurys? Pros weigh in on the best source of retirement income right now
▼ + stars: | 2023-08-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Treasury yields and stocks have more upside ahead, according to some Wall Street investors, and annuities are yielding more than ever. So if you're nearing — or already in — retirement, which offers the best source of income? Stocks vs. annuities David Dietze, senior investment strategist at Peapack Private Wealth Management, recommended annuities and stocks — with some caveats. Right now, however, Rekenthaler said he would go for annuities, bonds or funds because real interest rates are high. Treasurys Samana of Wells Fargo Investment Institute said she likes Treasurys best — given the firm's expectations of a recession.

Persons: David Dietze, Dietze, John Rekenthaler, Rekenthaler, Samana, Morningstar Organizations: CNBC, Wealth Management, Morningstar, Securities, Wells, Wells Fargo Investment Institute, ExxonMobil, Shell Locations: Wells Fargo, U.S, Samana

☆ India July inflation likely breached RBI's 6% upper tolerance level - Reuters poll
▼ + stars: | 2023-08-09 | by ( Milounee Purohit | ) www.reuters.com time to read: +2 min

That will hit the vast majority of India's population who make up the poor and middle classes. The Aug. 3-8 Reuters poll of 53 economists predicted the consumer price index (CPI) (INCPIY=ECI) rose at an annual rate of 6.40% in July. "There are no signs of any sequential moderation in food prices in August," noted Rahul Bajoria, chief India economist at Barclays. If the poll median is correct, the current surge in inflation was likely to outstrip the 5.2% the RBI projects for this quarter. The survey also showed wholesale price inflation (INWPI=ECI), the change in producer prices, likely fell 2.70% year-on-year in July, after a 4.12% decline in June.

Persons: Rahul Bajoria, Kunal Kundu, Milounee Purohit, Devayani Sathyan, Veronica Khongwir, Hari Kishan, Alexandra Hudson Organizations: Reserve Bank of India's, Barclays, Societe Generale, Alexandra Hudson Our, Thomson Locations: BENGALURU, India

☆ Fast, cheap and deadly
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +18 min

Fast, cheap and deadly How fentanyl replaced heroin and hooked AmericaLeer en EspañolReuters obtained and analyzed ten year’s worth of data on drugs seized by U.S. Customs and Border Protection (CBP) agents at ports of entry along the southern border. It shows: Fentanyl seizures by weight more than tripled in the last quarter of 2022 compared to a year earlier. Pills were mentioned in nearly half of fentanyl border seizure incidents in 2022, up from just 6% five years earlier. A fifth of fentanyl seizures take place on pedestrians, the Reuters analysis shows. Over the same period, heroin seizures fell more than 80% from over 2,000 kg, according to the Reuters analysis.

Persons: Bryce Pardo, Troy Miller, Joe Biden, Andres Manuel Lopez Obrador, ”, Chris Urben, Urben, Joaquin ‘ El Chapo ’ Guzman, “, CBP’s Miller, Jonathan Caulkins, James Mandryck, Oxycontin, Lopez Obrador, narcotrafficking, Lopez, Rosa Rodriguez, Cecilia Farfan, Mendez, Freed, Pardo, Romain Le Cour, Cour, Carlos Perez, Perez Organizations: Reuters, U.S . Customs, Border Protection, U.S . Centers for Disease Control, United Nations Office, Drugs, DEA, CBP, U.S, Nardello, Carnegie Mellon University, U.S . Postal Service, Chinese Foreign Ministry, Mexico's, North, Forensic Laboratory, University of California, Global, Transnational, U.S . Congress ’ Commission, New Generation, Center for Research Locations: Mexican, U.S, Mexico, Sinaloa, El Paso, Arizona’s Nogales, United States, offscreen, sierra, China, Beijing, Washington, University of California San Diego ., ”, New, New Generation Jalisco, Mexico City

☆ No one knows how much they should care about work right now
▼ + stars: | 2023-08-09 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +7 min

If you're not sure how much to care about work, or what it means to you, you're not alone. Work blurred into life, and life blurred into work, suddenly making my personal errands the same as work. In the wake of our existential reckoning with work, some office workers flipped the script, making life their full-time job and work a part-time pursuit. Lazy girl jobs and a window of opportunityRight now, we're in the "uncomfortable" middle of work, as Klotz calls it. The opportunity to job hop may be dwindling, but that doesn't mean work has to settle into 2019 norms.

Persons: Anthony Klotz, It's, Klotz, " Klotz, Chris Bailey, Bailey, Nick Bloom, Bloom, it's, stayers Organizations: Service, University College London School of Management, Workers, Stanford Locations: Wall, Silicon

When President Bola Ahmed Tinubu of Nigeria took the helm of the West African regional bloc of countries last month, he thundered before a roomful of his presidential peers that he would show no tolerance for military coups in an area that had faced five in less than three years. “We will not allow coup after coup,” he said, drawing a round of applause. Now, the deadline has passed, Niger’s president — Mohamed Bazoum — is still held hostage in his residence and Mr. Tinubu is facing a backlash in his own country. Senators, religious leaders and civil society organizations in northern Nigeria oppose a war with a neighbor that they say would further destabilize both countries, whose militaries were already spread thin fighting off Islamist militants. Nigerian security forces are also combating kidnappers, extortion rings and oil thieves.

Persons: Bola Ahmed Tinubu, “, ”, Mr, Tinubu, — Mohamed Bazoum — Organizations: West African, Economic Locations: Nigeria, Niger, West African States, Nigerian

☆ San Francisco Balks at Expanding Driverless Car Services on City’s Roads
▼ + stars: | 2023-08-09 | by ( Yiwen Lu | More About Yiwen Lu | ) www.nytimes.com time to read: +1 min

Over the past year or so, a jarring sight has become common in San Francisco: driverless cars buzzing around the city’s streets with no one at the wheel and an expensive array of electronic sensors guiding the way. But a plan by two companies to expand driverless taxi services in San Francisco has met stiff resistance from city officials and some activists. The fight has become a Rorschach test for local tolerance of the tech industry’s new ideas: Are the driverless cars an interesting and safe transportation alternative? With more than 800,000 residents, hilly San Francisco is the second most densely populated city in the country. Whether self-driving cars can succeed in the city will be a harbinger for their viability in other communities.

Persons: Cruise Organizations: California Public Utilities Commission, General Motors Locations: San Francisco, California

☆ What we can learn from Simone Biles’ mental health break
▼ + stars: | 2023-08-09 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +7 min

CNN —A mental health break seems to have done the trick for champion gymnast Simone Biles. Stacy Revere/Getty ImagesCNN: What can we learn from Simone Biles’ mental health break? There are people who, for their mental health, need to learn to build what’s called frustration tolerance skills. What is good for their mental health, what might be most productive, is learning to stay engaged and overcome feelings of discomfort. CNN: How do you know whether you need a mental health break?

Persons: Simone Biles, “, ” Biles, Chloe Carmichael, Biles, Stacy Revere, she’s, Carmichael, we’re, overdoing, you’re, you’ve, It’s, “ I’m, I’m Organizations: CNN, CNBC, Tokyo, Getty Locations: Hoffman Estates , Illinois, Chloe Carmichael , New York City, overdiscipline

☆ Why a stalled Ukrainian offensive could represent a huge political problem for Zelensky in the US
▼ + stars: | 2023-08-09 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

And even if Trump is not the GOP nominee in 2024, ebbing public support for the war could hurt Biden. Therefore, for political, as well as strategic reasons, there is huge pressure on Ukraine’s long-awaited counteroffensive this summer to produce significant battlefield breakthroughs. Any suggestion that Ukraine’s offensive has been bogged down will deepen that skepticism over a prolonged US commitment. Soon after the Russian invasion in February 2022, 62% said the US should do more to support Ukraine. The political dynamics in the House represent a rather precarious foundation for Ukraine’s vital US support, underscoring why a stalled offensive could represent a political disaster for Zelensky in the United States as well as a strategic loss for Ukraine at home.

Persons: Volodymyr Zelensky’s, Vladimir Putin, Joe Biden, Donald Trump, Putin, Trump, Biden, CNN’s Jim Sciutto, bleakly, Ukraine’s, Zelensky, ” Zelensky, ” It’s, Mark Hertling, ” Hertling, darkens, George H.W, George H.W . Bush, Kevin McCarthy, John Kirby, CNN’s Wolf Blitzer, He’s, Chris Christie, Nikki Haley, Mike Pence –, there’s Organizations: CNN, GOP, Senior, Ukraine, Army, Republican, Democratic, Trump Republicans, National Security, New, New Jersey Gov, South Carolina Gov Locations: US, Ukraine, Moscow, United States, NATO, Russia, Kyiv, Washington, Boston, Saudi Arabia, Crimea, George H.W ., Iowa, New Hampshire, New Jersey

☆ High interest rates make these guaranteed-income products attractive. Here's what to know about fixed annuities
▼ + stars: | 2023-08-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

Americans have flocked to annuities for guaranteed income over the past year, as interest rates rose and investors looked for safety amid the market turbulence and recession concerns. One of the popular products has been fixed-rate deferreds which — as the name implies — provide a fixed rate for a specific period of time. "So that opportunity to get a more competitive rate on a fixed annuity is not an indefinite window." Multiyear guaranteed annuities Traditional fixed annuities typically guarantee the rate for a portion of the contract, while a multiyear guaranteed annuity, or MYGA, has a rate of return that is guaranteed over the duration of the contract. When buying a fixed annuity, investors need to figure out the term that works best for them, said Limra's Hodgens.

Persons: we've, Bryan Hodgens, Doug Ornstein, David Blanchett, TIAA's Ornstein, Ornstein, Limra's, " Blanchett Organizations: TIAA Wealth Management, Federal Deposit Insurance Corporation, guaranty, DC Solutions, Insurance, TIAA Institute, Social Security Locations: Connecticut

A judge in Los Angeles on Tuesday sentenced the Canadian musician Tory Lanez to 10 years in prison for shooting the rapper Megan Thee Stallion during an argument in 2020, the culmination of a case that polarized the music world, filled gossip pages and generated deeper discussion about violence against Black women. “He not only shot me, he made a mockery of my trauma,” Megan Thee Stallion, the chart-topping artist born Megan Pete, wrote in a statement that was read in court on Monday, as supporters on both sides made their final pleas to the judge. Megan Thee Stallion, who did not attend the sentencing because she said she could not be in the same room as Mr. Lanez, added, “This is a statement for all survivors that their lives matter and there is zero tolerance for the torture that accompanies violence.”Prosecutors had sought a 13-year sentence for Mr. Lanez, born Daystar Peterson, arguing that he lacked remorse and was “clearly incapable of accepting any responsibility for his own actions.” Before Mr. Lanez was sentenced on Tuesday, he addressed the court in an orange jail jumpsuit, asking for “redemption and a second chance.”

Persons: Tory Lanez, Megan Thee, Megan Thee Stallion, Megan Pete, Lanez, Daystar Peterson, ” Organizations: Black, ” Prosecutors Locations: Los Angeles

☆ Elon Musk's X aims to win back advertisers with new brand safety technology deal
▼ + stars: | 2023-08-08 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

The company formerly known as Twitter is betting that a new ad-tech partnership and enhanced safety tools for brands will lure back advertisers who departed in the months since Elon Musk purchased the company. X, as Musk renamed the company, said on Tuesday that it signed a one-year deal with Integral Ad Science, which sells ad-verification technology. IAS provides similar brand safety technology to TikTok and Google's YouTube, Utzschneider said. ET to CNBC's interview with X CEO Linda Yaccarino as she speaks with Sara Eisen on "Squawk on the Street." Watch: New study finds Twitter bots and Elon Musk posts boosted price of FTX-listed altcoins

Persons: Elon Musk, Musk, Lisa Utzschneider, Utzschneider, X, Twitter, Linda Yaccarino, Sara Eisen, Elon Organizations: Twitter, Elon, Ad, CNBC, YouTube

☆ Rapper Tory Lanez sentenced to 10 years in prison for shooting Megan Thee Stallion
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +3 min

[1/3] Megan Thee Stallion arrives to attend the 2022 Billboard Music Awards at MGM Grand Garden Arena in Las Vegas, Nevada, U.S. May 15, 2022. REUTERS/Steve Marcus/File PhotoAug 8 (Reuters) - Canadian rapper Tory Lanez was sentenced on Tuesday to 10 years in prison, more than seven months after he was convicted of shooting fellow musical artist Megan Thee Stallion during an argument in 2020. Lanez was accused of shooting Grammy-winning rapper Megan Thee Stallion, 28, injuring her feet after a pool party in the Hollywood Hills in July 2020. Megan Thee Stallion, who was born Megan Pete, needed surgery and spent four days in the hospital before physical therapy allowed her to walk again. Megan Thee Stallion won Grammy awards for best new artist, best rap performance and best rap song in 2021.

Persons: Megan Thee Stallion, Steve Marcus, Tory Lanez, Megan Thee, Judge David Herriford, Daystar Peterson, Lanez, Megan Pete, Jose Baez, Baez, It's, Attorney George Gascon, Pete, Jane Ross, Jonathan Allen, Brendan O'Brien, Aurora Ellis, Lisa Shumaker Organizations: MGM, Garden, REUTERS, Daystar, Los Angeles Superior Court, Hollywood, New York Times, Megan Thee Stallion, Attorney, Thomson Locations: Las Vegas , Nevada, U.S, Los Angeles, Los Angeles County, New York

There are multiple types of index funds, including:Broad market index funds: Index funds that try to track the overall performance of an entire asset class throughout the entire stock market. Fixed-income and debt index funds: Index funds that track bond indices for low expense ratios. International index funds: Index fund that invests funds in assets outside of the US. Sector-based index funds: Index funds that invest funds in a specific sector of the market, such as technology or even certain company services. Socially responsible index funds: Similar to sector-based index funds, socially responsible index funds invest specifically in companies that focus on environmental, social, and governance (ESG) services.

Persons: Warren Buffett, It's, Julian Schubach, Louis, Ameritrade, Charles Schwab, you've, Schwab Organizations: Service, Independence, US, Rutgers, Nasdaq, Nasdaq Stock Market Dow, NYSE, New York Stock Exchange, U.S, Federal Reserve Bank of St, Market, Fidelity, Vanguard, Chevron Locations: Wall, Silicon, Chevron

As a financial planner, my clients often ask how much cash they should have on hand in their bank accounts. I recommend keeping enough to cover your expenses, plus any cash you may need in the next five years. For cash you'll need in 10 years (but less than 20), I tell my clients to invest it — a savings account will lose value over time. How much cash you need on hand right nowThe first thing you need to account for is your normal, month-to-month living expenses and spending. The only extra cash you need sitting around for this need might be a small buffer in your checking account to guard against accidental overdrafts.

Persons: it's, shouldn't Organizations: Service, Vanguard, Fidelity Locations: Wall, Silicon

Sterling traded higher after recovering knee-jerk losses following the Bank of England's decision to downshift to a quarter point rate hike on Thursday. The U.S. dollar index , which gauges the currency against a basket of six counterparts, edged 0.06% lower to 102.39 in Asia. On Thursday, it had pushed to the highest since July 7 at 102.84 at one point, but lost steam later in the day with the monthly nonfarm payrolls report looming on Friday. The dollar slipped slightly to 142.40 yen , as long-term Treasury yields - which the currency pair tends to track closely - retreated from Thursday's nearly nine-month high at 4.198% in Tokyo trading. At the same time, "unless or until what's been happening with Treasury yields reverses, there's no meaningful prospect of dollar-yen coming down here, unless we see a very dramatic deterioration in risk sentiment," he added.

Persons: Dado Ruvic, Sterling, Kristina Clifton, BoE, Ray Attrill, Attrill, Kevin Buckland, Brigid Riley, Jacqueline Wong Organizations: REUTERS, Bank of, of, U.S, Commonwealth Bank of Australia, National Australia Bank, European Central Bank, Thomson Locations: China, Asia, Thursday's, Tokyo, U.S

U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Sterling traded slightly higher after recovering knee-jerk losses following the Bank of England's decision to downshift to a quarter point rate hike on Thursday. Meanwhile, the risk-sensitive Australian dollar strengthened amid a rebound in Chinese stocks and U.S. equity futures. The U.S. dollar index , which gauges the currency against a basket of six counterparts, edged 0.07% lower to 102.38 in early Asia. However, the dollar edged higher to 142.64 yen , aided by the rise in long-term Treasury yields to a nearly nine-month high at 4.198% overnight.

Persons: Dado Ruvic, Sterling, BoE, Ray Attrill, Attrill, Hong, Kevin Buckland, Brigid Riley, Jacqueline Wong Organizations: REUTERS, Bank of, of, U.S, National Australia Bank, European Central Bank, Reserve Bank of Australia, Nasdaq, Thomson Locations: Asia, Sterling, U.S, China

☆ Dollar struggles before payrolls test, Aussie rebounds
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: +3 min

Banknotes of various currencies: the Japanese Yen, the Australian dollar, the Swedish crown, and the US American dollar on a table in Hamburg, Germany, 19 February 2016. Sterling traded slightly higher after recovering knee-jerk losses following the Bank of England's decision to downshift to a quarter point rate hike on Thursday. Meanwhile, the risk-sensitive Australian dollar strengthened amid a rebound in Chinese stocks and U.S. equity futures. The U.S. dollar index , which gauges the currency against a basket of six counterparts, edged 0.07% lower to 102.38 in early Asia. However, the dollar edged higher to 142.64 yen , aided by the rise in long-term Treasury yields to a nearly nine-month high at 4.198% overnight.

Persons: Sterling, BoE, Ray Attrill, Attrill, Hong Organizations: US, Bank of, of, U.S, National Australia Bank, European Central Bank, Reserve Bank of Australia, Nasdaq Locations: Swedish, Hamburg, Germany, Asia, Sterling, U.S, China

☆ Panji Gumilang: Islamic preacher arrested for blasphemy in world's largest Muslim-majority country
▼ + stars: | 2023-08-03 | by ( Heather Chen | ) edition.cnn.com time to read: +5 min

Unlike other Islamic boarding schools in Indonesia, its prayer sessions do not follow gender segregation, angering some religious groups. Police did not specify what Panji had said or done that constituted blasphemy but said they were acting on public complaints. In June, Indonesia’s Islamic Clerical Council said it was investigating Al-Zaytun for “misguided religious practices,” according to CNN affiliate CNN Indonesia. “He is after all, a public figure with millions of supporters… With all this happening, we don’t know what could happen,” he told CNN Indonesia. There is nothing wrong with him (a Muslim cleric) promoting women’s rights – something is terribly wrong with blasphemy laws,” he added.

Persons: Panji Gumilang, Djuhandhani Rahardjo, ” Djuhandhani, ”, Panji, Al, Hendra Effendy, Andreas Harsono, ” Andreas Organizations: CNN, Indonesian National Police, Criminal Investigation Agency, “, Police, Islamic Clerical, CNN Indonesia, Human Rights Watch, Rights Locations: Indonesia, Indramayu, West Java, Jakarta, Aceh, Islam, Chinese

☆ Far-right Italian prime minister sues the lead singer of Placebo for calling her a 'fascist' and a 'racist'
▼ + stars: | 2023-08-03 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

Italy's far-right prime minister is suing the lead singer of Placebo for calling her a "fascist." At a concert last month, Brian Molko also described Prime Minister Giorgia Meloni as a "racist." Meloni was a youth activist in a group founded by a member of dictator Benito Mussolini's government. Now, according to press reports, Meloni herself is suing Molko for defamation, the latest in a string of lawsuits against critics. But as a youth activist, Meloni herself praised the country's former fascist dictator saying that, "everything he did, he did for Italy."

Persons: Brian Molko, Giorgia Meloni, Meloni, Benito Mussolini's, Benito Mussolini, Molko, David Broder, Elly Schlein Organizations: Service, BBC Locations: Wall, Silicon, Turin, Italy

☆ Athleisure is everywhere. Here are the stocks benefiting from a growing love of comfortable clothing
▼ + stars: | 2023-08-03 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Though studies on the topic are hard to come by, anecdotal evidence points to a continued love for casual and comfortable items exiting the pandemic. The two stocks have diverged this year: Lululemon shares have advanced nearly 20%, while Nike shares have slid 7%. The majority of Wall Street views the stock favorably, with more than 70% of analysts rating it a buy or strong buy, according to Refinitiv. Deckers' shares are up 39% in 2023. DECK 5Y mountain Deckers shares over the last half decade Analysts see more upside ahead.

Persons: comfort's, Simeon Siegel, Ashley Owens, ONON, BMO's Siegel, Cowen's John Kernan, Baird, Jonathan Komp, Bank of America's David Roux, Roux, Hoka, Raymond James, Rick Patel, Patel, Jay Sole, Sole, — CNBC's Michael Bloom Organizations: Wall Street, BMO Capital Markets, Companies, Street, Lululemon, Nike, Bank of America's, UBS

CNN —Texas has separated at least 26 migrant family units on the southern border since July 10 under Gov. Greg Abbott’s Operation Lone Star border initiative, according to Texas Rio Grande Legal Aid immigration attorney Kristin Etter. “This is just a very harsh and cruel detour from the asylum process,” Etter told CNN in an interview Wednesday. This is a shift in Texas DPS policy on the border, Etter says. Children and their mothers were never separated, but instead turned over to the US Border Patrol together,” Texas DPS Communications Chief Travis Considine said in a statement.

Persons: Greg Abbott’s, Kristin Etter, ” Etter, Etter, Greg Abbott's, Brandon Bell, “, Travis Considine, “ It’s, Biden, Abbott Organizations: CNN, Lone Star, Texas Rio, Legal, Texas Department of Public Safety, Trump, US Border Patrol, Etter . Texas Gov, Biden, Getty, Texas DPS, DPS, ”, ” Texas DPS Communications, Houston Chronicle, Border Patrol, US Department of Justice Locations: Texas, Eagle, , Texas, Etter, ” Texas, Kristin Etter Texas Rio, Mexico, Rio

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