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☆ Shelley Duvall in ‘The Shining’: A Perfect Gothic Heroine Had a Deep Well of Strength
▼ + stars: | 2024-07-11 | by ( Alissa Wilkinson | ) www.nytimes.com time to read: +2 min

If Stanley Kubrick’s “The Shining” was a twist on the centuries-old Gothic horror genre, there was no one better suited to play a modern Gothic heroine than Shelley Duvall. Duvall, who died Thursday at 75, was in her late 20s when she shot the role of Wendy Torrance, put-upon wife of blocked writer Jack (Jack Nicholson). The pair have holed up with their young son in the Overlook Hotel, working as winter caretakers. Wendy is virtually trapped there, a small woman often alone in a rambling, dangerous building full of secrets. The Gothic heroine, the woman trapped in the menacing haunted home, must exhibit courage in the face of danger, remaining resolute while also being susceptible to the evil that lurks around every corner.

Persons: Stanley Kubrick’s, Shelley Duvall, Duvall, Wendy Torrance, Jack, Jack Nicholson, Wendy, Danny, —, Kubrick’s, Stephen King’s, King, ” Duvall

☆ Trump claims not to know who is behind Project 2025. A CNN review found at least 140 people who worked for him are involved
▼ + stars: | 2024-07-11 | by ( Steve Contorno | ) edition.cnn.com time to read: +12 min

In addition to people who worked directly for Trump, others who participated in Project 2025 were appointed by the former president to independent positions. Several people involved in Project 2025 didn’t serve in the Trump administration but were influential in shaping his first term. Both Trump and Project 2025 have called for eliminating the Department of Education. Vast network of Trump alliesHowever, Trump’s attempts to distance himself from Project 2025 have already encountered credibility challenges. Shortly after Trump’s Truth Social post last week, Democrats noted a recruitment video for Project 2025 features a Trump campaign spokeswoman.

Persons: Donald Trump, “, Trump, Mark Meadows, Stephen Miller, Jay Sekulow, Cleta Mitchell, John Eastman, Brendan Carr, Lisa Correnti, Brett Tolman, Charles Kushner, Trump’s, Tolman, Joe Biden, Danielle Alvarez, “ Team Biden, ” Alvarez, Kevin Roberts, Roberts, ”, Susie Wiles, Chris LaCivita, Paul Dans, Biden, Miller, Russ Vought, Ben Carson, Christopher Miller, John Ratcliffe, Steven Bradbury, Patrick Pizzella –, Mark Morgan, Tom Homan –, –, Kathy Nuebel Kovarik, Ken Cuccinelli, Peter Navarro, Michael Pack, Frank Wuco, Barack Obama’s, David Legates, Mari Stull, President’s, ” Roberts Organizations: CNN, Republican, White, Trump, Heritage Foundation, Mandate, Leadership, Federal Communications, United Nations Commission, Republican Party, “ Team, Democratic, Committee, Heritage, American, Foundation, Department of Education, Affordable, National Weather Service, Trump Administration, America, Center, Management, “ Mandate, Leadership ”, Urban, National Intelligence, Labor, Customs, Border Protection, Immigration, of Homeland Security, US Agency for Global Media, NOAA, State Department, ” “ Conservatives Locations: Trump, Washington, Texas , Alabama, Mississippi, America

☆ Thermonuclear Blasts and New Species: Inside Elon Musk’s Plan to Colonize Mars
▼ + stars: | 2024-07-11 | by ( Kirsten Grind | ) www.nytimes.com time to read: +1 min

For more than two decades, Elon Musk has focused SpaceX, his rocket company, on his lifelong goal of reaching Mars. Over the last year, he has also ramped up work on what will happen if he gets there. One team is drawing up plans for small dome habitats, including the materials that could be used to build them. Mr. Musk has volunteered his sperm to help seed a colony, two people familiar with his comments said. The initiatives, which are in their infancy, are a shift toward more concrete planning for life on Mars as Mr. Musk’s timeline has hastened.

Persons: Elon Musk, Musk Organizations: The New York Times, SpaceX Locations: Mars

☆ Miss AI crowns Moroccan lifestyle influencer Kenza Layli
▼ + stars: | 2024-07-11 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

CNN —After judges of the world’s first AI beauty pageant unveiled 10 finalists last month, the inaugural Miss AI has now been crowned. Meet Kenza Layli, a Moroccan lifestyle influencer who hopes to bring “diversity and inclusivity” to the AI creator landscape. “Winning Miss AI motivates me even more to continue my work in advancing AI technology,” Layli said in a video of the speech. Fanvue World AI Creator AwardsThe inaugural Miss AI contest opened in spring, drawing entries from some 1,500 AI programmers around the world, according to organizers Fanvue, an influencer platform for both AI and human creators. Fanvue World AI Creator AwardsRunner-up Lalina Valina from France.

Persons: Kenza Layli, influencer, ”, ” Layli, Fanvue, Layli, Myriam Bessa, Valina, Olivia C of Portugal, Cal, “, Olivia C, Aitana Lopez, Sally, Ann Fawcett, Dr, Kerry McInerney, ” McInerney, “ They’re, they’re Organizations: CNN, Miss, Phoenix AI, Leverhulme Centre, Intelligence, University of Cambridge Locations: Moroccan, France, Japan, Portugal

☆ I got inked by the world’s oldest tattoo artist
▼ + stars: | 2024-07-10 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +11 min

Buscalan, Philippines CNN —The first sound I heard upon reaching Buscalan was that of heaving and panting. At 107 years old, Whang-Od is the world’s oldest tattoo artist. She was dressed in a loose, colorful tie-die shirt and bold patterned pants, her own tribal tattoos on full display. Photos, identification cards and other mementos left by visitors on the thatched roof of the hut where Whang-Od's grandnieces (and apprentices) tattoo. “(My friends who gave tattoos) have all passed away,” Whang-Od told CNN in an interview in 2017.

Persons: Philippines CNN —, didn’t, She’s, “, she’s, Girlie, Od, overworking, Kathleen Magramo, Emmett, —, ”, Kent Donguines, Emmett Sparling, Lars Krutak, Hunter, Michelle Dee, Whang, batok, Krutak, ” Krutak, ” Whang, that’s, I’m, Grace Palicas Organizations: Philippines CNN, CNN, American Catholic, Rice, Warner Bros, Vogue Philippines, Miss Universe Philippines, Wigan Locations: Philippines, Buscalan, Kalinga, Canadian, Manila

☆ Mason Greenwood: Marseille mayor and fans rally against ‘unspeakable’ transfer, citing dropped domestic violence charges
▼ + stars: | 2024-07-10 | by ( Amy Woodyatt | Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —The Mayor of Marseille has urged his city’s main soccer club, Olympique de Marseille, not to sign former Manchester United striker Mason Greenwood, citing the dropped domestic violence and sexual assault charges against him. “The values of Marseille and the values of Olympique de Marseille are anything but that… It’s anything but… can you imagine, violence against women,” Payan said. And he wants to play for Olympique de Marseille, Greenwood? CNN has reached out to Olympique de Marseille and Greenwood, via Manchester United, for comment. Following the charges against Greenwood, Manchester United opened an investigation of their own, eventually making the decision to move Greenwood on citing “difficulties with him recommencing his career” at the club.

Persons: Mason Greenwood, Benoît Payan, …, ”, ” Payan, It’s, Greenwood, Alain Robert, SIPA, ” Greenwood hadn’t, Greenwood’s, – Organizations: CNN, Olympique de Marseille, Manchester United, Prosecution Service, CPS, Marseille, Greenwood, Red Devils, Spanish, Getafe, OM Locations: Marseille, Greenwood, Manchester

☆ ‘Shrek 5’ is coming in July 2026, and the big stars are onboard
▼ + stars: | 2024-07-10 | by ( Jack Guy | ) edition.cnn.com time to read: +1 min

Everyone’s favorite ogre is heading back to town, with the the latest movie in the “Shrek” franchise set for release in mid-2026. Movie studio Dreamworks Animation confirmed in a post on X that “Shrek 5” will hit the big screen on July 1, 2026 – 16 years after the previous episode was released. The first “Shrek” movie was a smash hit when it was released in 2001, spawning sequels “Shrek 2” in 2004, “Shrek the Third” in 2007 and “Shrek Forever After” in 2010. There was also a spinoff “Puss in Boots” movie featuring the outlaw cat voiced by Antonio Banderas, released in 2011, with a sequel – “Puss in Boots: The Last Wish” – released in 2022. The franchise has become a cultural phenomenon, to the extent that shoe brand Crocs released a Shrek Croc in 2023 and a recreation of Shrek’s swamp home was listed for rent on Airbnb last September.

Persons: Mike Myers, Cameron Diaz, Fiona, Eddie Murphy, Walt Dohrn, Brad Ableson, Michael McCullers, Christopher Meledandri, Antonio Banderas, Banderas, ” Murphy Organizations: CNN, Dreamworks, Collider

☆ CBS News president Ingrid Ciprián-Matthews abruptly steps down amid Paramount merger
▼ + stars: | 2024-07-10 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

New York CNN —Ingrid Ciprián-Matthews, a three-decade veteran of CBS News who ascended to the role of president in 2023, abruptly announced Wednesday that she will step down from her role as the news organization’s parent company prepares for a complex merger. But today, I have some news of my own to share,” Ciprián-Matthews announced in a memo to employees. The announcement also comes days after Paramount Global, the parent company of CBS News, accepted an offer from Hollywood production studio Skydance Media that will see the two companies merge. Following the merger, Skydance Media plans to install its own leadership team. When she took over as CBS News president, Ciprián-Matthews became the first Latina to hold the influential post at the network’s news division.

Persons: New York CNN — Ingrid Ciprián, Matthews, ” Ciprián, I’ve, ”, Tiffany, Wendy McMahon, Ciprián, I’m, “, ” “ Ingrid, ” McMahon, Neeraj Khemlani, Disney, Kim Godwin Organizations: New, New York CNN, CBS News, “, CBS, Paramount Global, Hollywood, Skydance Media, Ciprián, ABC News Locations: New York

☆ Opinion | Iran’s Gen Z Is Still Waiting for the Revolution
▼ + stars: | 2024-07-10 | by ( Holly Dagres | ) www.nytimes.com time to read: +2 min

A young Iranian woman wore baggy jeans, a backpack slung over one shoulder and a black mask, presumably to protect her identity. Young Iranians’ discontent played a critical role in the recent elections to replace Mr. Raisi, when a majority of the nation rejected the nezam — the system — and boycotted the polls. According to Iran’s official count, just 40 percent of registered voters participated in the first round of voting on June 28, the lowest turnout in the Islamic Republic’s 45-year history. For millions of Iranians, there was no acceptable choice: Both candidates were approved by the Guardian Council, a 12-member vetting body, six of whom are handpicked by Mr. Khamenei. The supreme leader took longer than usual to deliver his customary message congratulating the people of Iran for voting.

Persons: “ Khamenei you’re, ”, Ali Khamenei, Ebrahim Raisi, Raisi’s, Raisi, Masoud Pezeshkian, Saeed Jalili, Mr, Khamenei, — Organizations: Iran’s, Guardian Council Locations: Iranian, Mashhad, “, Iran

☆ Blackpink’s Jennie apologizes for vaping indoors after public backlash
▼ + stars: | 2024-07-10 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

CNN —Jennie Kim, a singer in the K-pop supergroup Blackpink, has apologized after a video of her vaping indoors sparked a backlash across South Korea. Though the footage was taken down from Kim’s channel, a clip of her vaping spread across the internet. Others stuck by the celebrity and posted their support, noting that it is a personal choice whether or not to vape. We hope to prevent this from reoccurring in the future.”K-pop stars regularly face immense public scrutiny under the spotlight. In March, singer Karina apologized to her fans after it was revealed that she was in a relationship with actor Lee Jae-wook.

Persons: Jennie Kim, vaping, Kim, ”, Karina, Lee Jae, Yonhap Organizations: CNN, YouTube, Chosun Ilbo, South Locations: South Korea, Kim’s, reoccurring, South Korean

☆ Netherlands 1 England 2: Late substitute Watkins hits winner to set up Euro 2024 final with Spain
▼ + stars: | 2024-07-10 | by ( The Athletic Uk Staff | ) www.nytimes.com time to read: +10 min

A late winner from England substitute Ollie Watkins against Netherlands put Gareth Southgate’s team into the final of Euro 2024, where they will face Spain. It is their second consecutive European Championship final, and the first time England have reached a major tournament final abroad. Denzel Dumfries catching Kane was deemed a penalty, despite the Netherlands defender having little choice but to attempt a block. Against the Netherlands, Rice dropped into similar positions but was far more willing to punch balls forward and look for those ahead of him. Watkins’ stunning winner — set up by Palmer — validated Southgate’s decision yet again, with a goal worthy of winning any game.

Persons: Ollie Watkins, Gareth Southgate’s, Harry Kane, Xavi Simons, Declan Rice, Kane, Denzel Dumfries, Tim Spiers, Mark Carey, Jacob Whitehead, Seb Stafford, it’ll, they’ve, Phil Foden, Kobbie Mainoo, Luke Shaw, Ivan Toney, Southgate, —, Foden, Cole Palmer, Watkins, Palmer, Stefan de Vrij, De, Felix Zwayer, Jude Bellingham, Dumfries, ”, Gary Neville, Bloor Rice, Rice, Simons —, Jordan Pickford, Michael Regan –, Kyle Walker, Watkins ’, Palmer —, Mark Carey The, Zwayer, Phil Foden’s, dink, Bart Verbruggen, Alex Grimm Organizations: England, Netherlands, Aston Villa, Bloor, Wembley, Slovakia, Switzerland, Watkins, UEFA, Michael Regan – UEFA, Getty, England’s, Mark Carey The Denzel Dumfries Show Dumfries, Pixar, Bull, Dumfries Locations: Spain, England, Netherlands, Berlin, Switzerland, Slovakia, Zwayer, Southgate, Dumfries, —

☆ CBS News President to Step Down
▼ + stars: | 2024-07-10 | by ( John Koblin | More About John Koblin | ) www.nytimes.com time to read: +1 min

Ingrid Ciprian-Matthews, the CBS News president, announced on Wednesday that she would step down from her role in the next few weeks and would move into a senior adviser role through the presidential election. In a memo to employees, Ms. Ciprian-Matthews suggested she was leaving the position before the network’s parent, Paramount Global, began widespread job cuts. “We all know our industry and company are going through a transformation and a number of short- and long-term decisions need to be made,” she said. “I do not want to be disingenuous with any of you about who should drive these decisions.”Ms. Ciprian-Matthews will leave the company after the election. Earlier this week, Paramount Global announced it would merge with Skydance, a long-awaited move for Paramount, which has been in dire financial straits as the traditional cable bundle continues to unravel.

Persons: Ingrid Ciprian, Matthews, Ciprian, ”, “, ” Ms, — Organizations: CBS News, Paramount Global, Paramount

☆ Benji Gregory, Child Star on ‘ALF,’ Dies at 46
▼ + stars: | 2024-07-10 | by ( Alexandra E. Petri | ) www.nytimes.com time to read: 1 min

Benji Gregory, who starred as a child in the hit television series “ALF” in the 1980s, has died. His death was confirmed by his sister, Rebecca Pfaffinger, who said that an official cause of death was still pending. According to Mrs. Pfaffinger, Mr. Gregory and his service dog, Hans, were found dead in his car on June 13 at a bank’s parking lot in Peoria, Ariz. She said in a Facebook post that he had fallen asleep in the vehicle and had died of heatstroke.

Persons: Benji Gregory, Rebecca Pfaffinger, Pfaffinger, Gregory, Hans, heatstroke Locations: Peoria, Ariz

☆ UK’s most complete dinosaur fossil in a century reveals new species
▼ + stars: | 2024-07-10 | by ( Louis Mian | ) edition.cnn.com time to read: +3 min

London CNN —A previously unknown species of plant-eating dinosaur roamed on an island off the south coast of England around 125 million years ago, new research has found. The bones were found by avid local fossil collector Nick Chase, who died of cancer in 2019. The dinosaur's large pubic hip bone revealed it was a previously unknown species. University of PortsmouthThe researchers were able to determine the skeleton belonged to a new dinosaur species because of unique features, such as its jaw and particularly large pubic hip bone. “Nick Chase’s remarkable find and Jeremy Lockwood’s dedicated research are a testament to the incredible history waiting to be uncovered here,” he added.

Persons: London CNN —, Jeremy Lockwood, Lockwood, ” Jeremy Lockwood, Nick Chase, “ Nick, Mary Anning, ” Lockwood, weathers, we’d, chasei, Chase, Compton, Mike Greenslade, ” Greenslade, “ Nick Chase’s, Jeremy Lockwood’s Organizations: London CNN, University of Portsmouth, Isle of Wight University of Portsmouth, Trust Locations: London, England, United Kingdom, Compton, Isle of, Isle of Wight, Compton Bay

☆ Anne Frank monument defaced with ‘Gaza’ graffiti in Amsterdam
▼ + stars: | 2024-07-10 | by ( Benjamin Brown | Teele Rebane | ) edition.cnn.com time to read: +1 min

CNN —A statue of Anne Frank in Amsterdam was vandalized with “Gaza” graffiti, drawing criticism from the city’s mayor. “Officers went to the statue, saw the graffiti and started an investigation,” the spokesperson said. Anne Frank’s diary is often many young people’s first introduction to the horrors of the Holocaust. In 1944, the famous diarist and seven other Jewish people hiding in the Amsterdam secret annex were detained. They had hid for nearly two years in a secret annex above a canal-side warehouse in Amsterdam, before they were deported and Anne died in the Bergen Belsen camp at age 15.

Persons: Anne Frank, Frank, Femke Halsema, “, ”, ” Halsema, Anne Frank’s, people’s, Anne Organizations: CNN, CNN Wednesday, “ Locations: Amsterdam, Gaza, Bergen

☆ CNN Cuts 100 Jobs, and Announces Plan for Digital Subscription Product
▼ + stars: | 2024-07-10 | by ( John Koblin | More About John Koblin | ) www.nytimes.com time to read: 1 min

CNN’s top leader announced 100 job cuts on Wednesday as well as a digital strategy that would include a new subscription-only digital offering by the end of the year. The company is laying off around 100 people, or about 3 percent of its work force. The layoffs would come “across the company,” Mark Thompson, the network’s chairman, said in a memo to employees. CNN last had significant layoffs in late 2022. He has promised a more robust digital strategy as people flee traditional cable packages in favor of streaming entertainment.

Persons: ” Mark Thompson, Thompson, ” Mr Organizations: CNN, Mr, The New York Times, BBC

☆ Elon Musk beats $500 million severance lawsuit by fired Twitter workers
▼ + stars: | 2024-07-10 | by ( ) edition.cnn.com time to read: +2 min

The case is one of many accusing Musk of reneging on promises to former Twitter employees, including former Chief Executive Parag Agrawal, and vendors after buying the company for $44 billion in October 2022. Musk also runs the electric car company Tesla, and is the world’s richest person, according to Forbes magazine. The plaintiffs Courtney McMillian, who oversaw Twitter’s compensation and benefits, and Ronald Cooper, an operations manager, said Twitter instead offered fired employees just one month of pay as severance, with no benefits. The judge said the plaintiffs can try amending their complaint, but only for claims not governed by ERISA. The case is McMillian et al v. Musk et al, U.S. District Court, Northern District of California, No.

Persons: CNN — Elon Musk, Trina Thompson, Musk, Parag Agrawal, Courtney McMillian, Ronald Cooper, Twitter, Thompson, ” Organizations: CNN, U.S, Twitter, Forbes, Court, Northern District of Locations: San Francisco, U.S, Northern District, Northern District of California

The United States and its NATO allies have agreed that Ukraine should have an “irreversible” path to membership in the alliance and are enshrining the phrase in a document to be released during this week’s summit in Washington, U.S. and allied officials say. While there is no consensus yet about Ukraine joining NATO, the strengthened language would show that there is movement in that direction. The United States was once deeply skeptical about whether Ukraine was ready to become a member, and while questions remain, more and more American and European officials believe that the country will eventually be able to join. Officials say there could always be a last-minute change before the document is released, but that the member nations had reached broad agreement in recent days. But it should be welcomed by Ukrainian officials who have been pushing for language along the lines of “irreversible,” they say.

Organizations: NATO Locations: States, Ukraine, Washington , U.S, United States

☆ CNN chief Mark Thompson announces sweeping overhaul of news network, cuts 100 jobs
▼ + stars: | 2024-07-10 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

CNN —Mark Thompson, the CNN chief executive appointed last year to modernize the news network, unveiled a set of sweeping changes to the iconic outlet Wednesday, announcing plans to build a billion-dollar digital business, experiment with artificial intelligence and overhaul key newsroom structures. Mark Thompson officially started on October 9 as CNN's chief executive and chairman and will also act as the network's editor-in-chief. Thompson, who is widely credited for revitalizing The Times, was appointed CNN chief executive last summer, after Licht’s tumultuous run in the job. Since then, Thompson has spoken consistently about the need to transform CNN’s business but has largely avoided offering specifics. Whether Thompson can successfully create a billion-dollar digital news business at CNN remains to be seen.

Persons: Mark Thompson, Thompson, ”, Art Streiber, ” Thompson, “, CNN Max, Max, Ted Turner, CNN’s, Charlie Moore, “ Anderson Cooper, Jeff Zucker, Chris Licht, Zucker, Licht Organizations: CNN, Netflix, Warner Bros, Discovery, Inc, Warner Bros ., The New York Times, The Times Locations: CNN’s Hong Kong, London, Los Angeles

☆ Opinion: In French election, voters save the Republic from the far right. Now comes the (really) hard part
▼ + stars: | 2024-07-09 | by ( Opinion Marie Le Conte | ) edition.cnn.com time to read: +5 min

President Emmanuel Macron’s centrist Ensemble alliance came in second, preventing the far right from taking power. The stakes couldn’t have been higher, and it is hard to overstate the sense of urgency with which French voters flocked to the polls. It ought to be noted, however, that under half of centrist voters went for the left in a run-off against the far right. Many had assumed that it was a foregone conclusion that the far right would win a majority, absolute or otherwise. On all those occasions, and again last week, many held their noses and voted for the center to keep the far right in check.

Persons: Marie Le Conte, Read, —, Emmanuel Macron’s, who’d, Le Pen Organizations: CNN, Front, Greens, Ensemble, National Assembly, Rassemblement, Twitter, Facebook Locations: French, Moroccan, London, British, Vichy, France

Diplomats and officials who spoke with CNN said Rutte is seen as a staunch trans-Atlanticist and a consensus builder. “He is really a seasoned political official, and this is essential to keep the cohesion of the alliance,” a European official said. “It was just a very polite, slightly humorous way of dealing Trump, and Trump appreciated it,” Hoekstra recalled to CNN. “We are not there yet, but it is better than when Trump left,” the official told CNN. Biden likes Rutte personally, they get along well, and the US president sees them as sharing the same values, the official told CNN.

Persons: Donald Trump, Trump, Mark Rutte, Jens Stoltenberg, Rutte, ”, “ Trump, Pete Hoekstra, ” Hoekstra, ‘ Touche, ’ ”, “, ” Rutte, Stoltenberg, Joe Biden, Biden, “ Rutte, Putin Organizations: CNN, NATO, Dutch, Diplomats, Trump, Kyiv – Locations: Washington, NATO, Russia, Netherlands, European, Europe, Ukraine, China, US, ”

☆ World’s biggest indoor snow and ice park opens in China
▼ + stars: | 2024-07-09 | by ( Martha Zhou | ) edition.cnn.com time to read: +2 min

Beijing CNN —The world’s largest indoor ice and snow theme park has officially opened its doors to the public, giving visitors to the city of Harbin in northeast China a chance to feel wintery temperatures year-round. The annual Harbin Ice and Snow Festival began in 1999 and is held every year from December to early March. A Guinness World Records official awarded the Harbin Ice and Snow World Company the certification for the “world’s largest indoor ice and snow theme park” during this month’s opening ceremony. Xinhua/ShutterstockCovering an area of 23,800 square meters, the new Harbin Ice and Snow World Park, which opened on July 6, is divided into nine themed sections with 13 interactive projects. There are also vibrant ice sculptures of fruit, ice cream and cakes made using edible dyes through an environmentally-friendly special coloring process.

Organizations: Beijing CNN, Snow Festival, World Records, Harbin, Snow World Company Locations: Beijing, Harbin, China, Heilongjiang province, Ice City, Xinhua

☆ How to trade this week’s CPI report, according to JPMorgan
▼ + stars: | 2024-07-09 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The S & P 500 would increase 0.25%-0.75% under this outcome. 15% chance — CPI rises 0.25%-0.3%: The S & P 500 would drop 0.75%-1.25% under this scenario, as such a report could show shelter prices increasing. 15% chance — CPI gains by 0.1%-0.15%: This outcome would be viewed favorably by investors as it could signal accelerating "goods disinflation." The S & P 500 would jump 1%-1.5%. 2.5% chance — CPI rises more than 0.3%: Such a hot inflation report would spark a 1.25%-2.5% sell-off in the S & P 500, JPMorgan traders think.

Persons: Dow Jones Organizations: Federal Reserve, CPI, JPMorgan

☆ Europe’s Ariane 6 rocket succeeds in debut flight
▼ + stars: | 2024-07-09 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

CNN —The European Space Agency’s member countries have endured a space access predicament as they have waited to have a functioning rocket in their toolbox. Europe’s Vega-C rocket, designed for vaulting small satellites to orbit, has also been grounded since a December 2022 failure. Spectators watch the takeoff of the Ariane 6 rocket from its launchpad at the Guiana Space Center on Tuesday. The Ariane 6 rocket is seen prior to its maiden launch at the Guiana Space Center on Tuesday. Jody Amiet/AFP/Getty ImagesOn Tuesday, the rocket took off on its inaugural test flight hauling small satellites, experiments and technology demonstrations.

Persons: Safran, Europe’s Vega, Jody Amiet, Josef Aschbacher, “, ” Aschbacher, it’s Organizations: CNN, Guiana Space Center, ESA, SpaceX, Arianespace, Airbus, Getty, European Organisation Locations: Kourou, French Guiana, South, France, ArianeGroup, AFP, Elon Musk’s California, Europe, Nemo

Making them waitPresident Biden hasn’t let up on his aggressive defense against calls to step aside: Over the past 24 hours, he pushed back against Democratic lawmakers, the news media and top fund-raisers. But an attempt to mollify some of his biggest donors in a hastily arranged call started off poorly: It began more than 30 minutes late. For the Biden campaign, that may not be a big concern, given its highlighting of small-dollar fund-raising and attacking of corporate greed. Biden started the day lashing out at elite critics. After a weekend of campaigning in Pennsylvania and Wisconsin, he sent a defiant letter to congressional Democrats pledging to stay in the race.

Persons: Biden hasn’t, Biden, DealBook’s Lauren Hirsch Organizations: Democratic Locations: Pennsylvania, Wisconsin

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