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ROCHESTER, N.H. — Don’t ask Chris Christie what “lane” there is for him in the Republican primary. Don’t ask how someone polling at 1 percent, who is sharply critical of Donald J. Trump, could possibly win the 2024 nomination when the party base has no tolerance for attacks on the former president. “I think there’s this fiction about lanes,” Mr. Christie said on Thursday in New Hampshire, his second exploratory visit in a month. At the front of that lane right now is Donald Trump. Addiction is an issue Mr. Christie has long been passionate about, and he visited the same program, Hope on Haven Hill, eight years ago while running for president.
Millions of people switch jobs every single year, and millions of 401(k) plans and other retirement accounts fall by the wayside as a result. We asked experts what most retirement savers should do if they have multiple old retirement accounts scattered around — here’s what they had to say. Keep track of your old 401(k) accountsTry and keep good records of your 401(k) accounts, including account numbers. Roll over your 401(k) accounts earlyRollover your old 401(k) accounts early to avoid confusion and potentially maximize returns. How to roll over an old 401(k) planYou can often roll over your 401(k) to an IRA online.
How Sudan's Hemedti carved his route to power
  + stars: | 2023-04-15 | by ( Michael Georgy | ) www.reuters.com   time to read: +5 min
He won the rank of lieutenant-general and had free rein to seize gold mines in Darfur and sell Sudan’s most valuable resource. It’s true, we have gold mines and there’s nothing preventing us from working in gold,” Hemedti said in a BBC interview. After years of supporting Bashir, Hemedti took part in the ousting in 2019 of his longtime ally, who had faced pressure from mass protests calling for democracy and an end to economic woes. In a video statement, Hemedti said that the army seized power to “correct the course of the people’s revolution” and achieve stability. Hemedti has said the military is prepared to hand over power in case of an agreement or elections.
US FAA refers more unruly airline passengers to FBI
  + stars: | 2023-04-13 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
The FAA last year said its zero-tolerance policy for addressing unruly passengers would become permanent even after the end of a mask mandate onboard airplanes that was tied to most of the earlier reported incidents. Acting FAA Administrator Billy Nolen said on Thursday the agency has "zero tolerance for unruly behavior." FBI Assistant Director Luis Quesada said the agency "will continue to work with our FAA partners to ensure the safety of all passengers and to combat violence aboard commercial flights." Reported unruly passenger incidents rose by almost 500% in 2021 to 5,981, which included 4,290 mask-related incidents. The FAA opened investigations into 831 unruly passenger incidents in 2022, up from 146 in 2019, but down from 1,099 in 2021.
Under yield curve control (YCC), the BOJ guides the 10-year government bond yield around 0% as part of efforts to sustainably achieve its 2% inflation target. The central bank's decision in December to widen the tolerance band around the yield target has heightened market bets of a further near-term tweak or end to YCC. Changes to the BOJ's yield control policy may affect financial markets through exchange rates, term premiums on sovereign bonds and global risk premiums, the IMF said. While the yield control policy has helped keep borrowing costs low, it has come under increasing criticism for distorting market pricing and crushing financial institutions' profits. "Clear communication in the event of adjustments to the Bank of Japan's monetary policy is critical to avoid market volatility," it said.
Conversely, only 32% of respondents in the UAE considered seat-reclining unacceptable, lower than the global survey average of 53%. Only 19% deemed crying babies to be "unacceptable" and less than one-third were troubled by noisy kids over the age of four. However, there was one issue that bothered UAE respondents more than European travelers. Only 21% labeled crying babies as unacceptable, less than the 25% of men in the survey. What's 'unacceptable' to American flyersAmericans are more likely than the global average to view acts like personal grooming and shoe removal on flights as unacceptable.
NEW DELHI, April 12 (Reuters) - India's annual retail inflation for March eased below the central bank's upper tolerance level for the first time this year, as food prices softened. Annual retail inflation eased to 5.66% in March from 6.44% in the previous month, government data showed on Wednesday. A Reuters poll of 39 economists had forecast an annual inflation rate of 5.80% in March. Food inflation, which accounts for nearly half of the overall consumer price basket, moderated to 4.79% as vegetable prices eased, offsetting surging cereal prices. RBI's sudden pause came even as retail inflation has remained above the central bank's mandated target range for 10 out of the 13 readings.
The non-deliverable forwards indicate the rupee will open at around 82.06-82.10 to the U.S. dollar compared with 82.12 in the previous session. Heading into the data, investors are pricing in a 70% chance that the Fed will raise rates by 25 bps points at the May meeting. The India inflation data is due a few hours before the U.S. number. India's consumer inflation rate likely softened in March to 5.80%, dipping below the Reserve Bank of India's upper tolerance limit of 6% for the first time this year, according to a Reuters poll. "India inflation is way less important (than U.S.) for how the rupee will open tomorrow," the spot trader said.
‘The King Of Chemo’ has almost five million followers on TikTok, where he posts motivational, and humorous, videos tracking his journey. Iain Ward‘Freakish luck’Despite his diagnosis, Ward says he appreciates the “freakish luck” that has followed him throughout his life. He had previously been looking to raise money for an epic run across the country when Phelan reached out to him via Instagram. Phelan suffers with depression and was planning to cycle across the US to raise money for mental health and suggested Ward join him for a week. To a certain extent, his diagnosis stole control of his life, but Ward doesn’t want to become defined by his illness.
The U.S. CPI inflation report for March will go a long way to determining what the Fed decides at its May 2-3 policy meeting. Markets expect headline inflation to continue slowing, but are still shifting towards pricing in another quarter point rate hike. Finance ministers and central bank officials from around the world are in Washington for this week's International Monetary Fund and World Bank spring meetings. The IMF on Tuesday trimmed its global growth outlook for this year and next as higher interest rates bite, and warned that the risk of "perilous" financial turmoil could slash output to near recessionary levels. Here are three key developments that could provide more direction to markets on Wednesday:- IMF/World Bank spring meetings in Washington- India CPI inflation (March)- U.S. CPI inflation (March)By Jamie McGeever; Editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.
After his marriage, Betty Markoff made sure he ate a mixture of protein vegetables, and rich deserts, but always eaten in moderation, he said. Later in life, Markoff made a good living as a vacuum salesman. From a young age, Markoff picked up odd jobs here and there, working as a shoeshine boy, newspaper boy, and more. Love deeply and take care of peopleMorrie and Betty Markoff on their 80th wedding anniversary. Courtesy of Thomas MarkoffMarkoff puts down a lot of his long life to luck.
Researchers on Friday said they had analyzed the genomes of 23 woolly mammoths - including 16 newly sequenced ones - based on remains preserved in Siberian permafrost. "We find that woolly mammoths had molecular adaptations in genes related to coping with cold Arctic environments, such as thick fur, fat storage and metabolism, and thermal sensation, among others," Díez-del-Molino added. Woolly mammoths were about the size of modern African elephants, around 13 feet (4 meters) tall, but had much smaller ears to guard against losing body heat from a larger ear surface. One of them in humans is associated with Uncombable Hair Syndrome, a condition characterized by dry and frizzy hair that cannot be combed flat. The study helped clarify variable shades of mammoth hair color - brownish with a touch of red.
Behavioral finance tells us we are inherently bad investors, prone to making decisions based on emotions rather than evidence and self-interest. "We may think we're making rational decisions, but we're usually not," added certified financial planner Maurer, who is also a member of the CNBC Financial Advisor Council. By the time that most people react to events in the market, the market has already priced in the risk. "When it feels like the market is at a top, it's not unnatural to think about changing your investment strategy. "They are more likely to look through stock market volatility and do a better job investing for their future."
Summary Data due at 1200 GMT, April 12BENGALURU, April 6 (Reuters) - India's consumer inflation likely eased in March to 5.80% thanks to softer food price rises, dipping below the Reserve Bank of India's upper tolerance limit for the first time this year, a Reuters poll of economists found. Food inflation, which accounts for nearly half of the overall consumer price basket, is expected to have moderated due to falling vegetable prices, offset in part by surging cereal prices. If realised, this would be the only month this year so far inflation is reported below the 6.00% RBI upper tolerance limit. But with oil prices having surged more than 20% from their recent lows, fuel is likely to push inflation back up again. Inflation was expected to average 5.2% in the current fiscal year, well above the medium-term target of 4.0%, according to a separate Reuters poll.
April 6 (Reuters) - There will be no Asia Morning Bid on Friday, April 7. Chinese services PMI and Australian trade figures are also on the docket Thursday, while remarks from Reserve Bank of Australia governor Philip Lowe on could shed further light on the RBA's outlook following Tuesday's policy decision. chartIt's a difficult one to call, and after the Reserve Bank of New Zealand's hawkish surprise on Wednesday, investors would do well to be humble in their predictions. Wall Street is finally buckling, rates markets are now gunning for almost 100 basis points of Fed rate cuts this year and the dollar is sagging. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
The company entered into an agreement with the agency pledging compliance with child labor laws and consented to third-party oversight. This is the second Senate inquiry citing NBC News reporting on child labor. JBS has zero tolerance for child labor, discrimination or unsafe working conditions for anyone working in our facilities. In a local newspaper editorial, Hearthside CEO Darlene Nicosia wrote the revelation of child labor was "a shock and major disappointment to us." Hearthside is in the midst of a 60-day independent review of child labor practices by an outside law firm, according to a spokesperson.
ORLANDO, Florida, April 5 (Reuters) - When U.S. government bonds become the epicenter of global market volatility, investors' room for taking on additional risk shrinks, sucking the oxygen out of their risk budget. The shock blindsided speculative investors who had been positioned for higher U.S. interest rates and yields. The full extent of the turmoil - hedge funds were among those who got crushed - will become clearer as first-quarter readouts emerge. A pension fund's tolerance for risk, and therefore its VaR, will be lower than a hedge fund's. "When you plug a two-year Treasury into any risk model now using past returns models, expected risk will be higher going forward," van Vliet said.
What Is a Money Market Fund?
  + stars: | 2023-04-04 | by ( ) www.wsj.com   time to read: +11 min
“Money market funds have become a much more interesting place,” says Jay McLaughlin, institutional sales manager for iMoneyNet, a research firm that follows the money market fund industry. How money market funds workThe first thing for investors to understand is that money market funds are mutual funds, not bank accounts. Municipal money market fundsMunicipal money market funds appeal to many high-income investors because of their tax-exempt nature. One popular muni money market fund is the $17 billion Vanguard Municipal money market Fund (VMSXX) and its current 7-day yield of 2.65%—a yield which on its face is lower than other fund types, but after taxes are considered, can actually be higher for some investors. How to get the best money market fund ratesTypically your stock trading platform may have a default money market fund for its clients, established at your initial sign-up, as a kind of placeholder to keep your cash.
A purported tweet by Nashville local news station WSMV supposedly quoting transphobic remarks made by the father of one of the Nashville school shooting victims has been fabricated. The NBC-affiliated television station told Reuters the tweet is fake. “The tweet you are referencing is fake and was never sent or shared by WSMV or any WSMV social media account. On March 27, Reuters reported that a heavily armed 28-year-old fatally shot three children and three adult staffers at a private Christian school in Nashville, Tennessee. He said the suspect identified as transgender but provided no further clarity.
Eduardo Briceno began trading stocks after leaving Venezuela to migrate to the US. When he arrived in the US, he had no means of earning an income, so he resorted to trading stocks. It wasn't until he made a mindset shift that he was able to make a career out of stock trading. That means trading small-cap, momentum stocks because they have fewer fundamentals that could impact price action. If it had tons of volume during its last peak price, it means there are many bag holders, he noted.
The rally in growth and tech stocks in the first quarter caught much of Wall Street off-guard, but many ETF strategists are sticking to their call and not chasing the hot sectors quite yet. The big winners in the stock market during the first quarter were found among growth stocks. QQQ YTD mountain Growth stocks rebounded in the first quarter. One area that is popular among value investors is income funds, which can help investors offset market declines by generating cash. To be sure, the iShares strategy team has an improving view of growth stocks, at least in high quality names.
April 1 (Reuters) - President Ebrahim Raisi said on Saturday that the hijab was the law in Iran after a viral video showed a man throwing yoghurt at two unveiled women in a shop near a holy Shi'ite Muslim city. They were also the subject of arrest warrants for flouting Iran's strict female dress rules, state media reported. Videos of unveiled women resisting the morality police have flooded social media. Judiciary chief Gholamhossein Mohseni Ejei earlier threatened to prosecute "without mercy" women who appear in public unveiled, Iranian media reported. It urged citizens to confront unveiled women.
In the world of railroading, keeping the trains moving is paramount, and Norfolk Southern Corp. has little tolerance for late departures. Supervisors can be penalized for trains that are ready to leave but instead sit in rail yards, according to current and former employees of the Atlanta-based railroad. Train inspection time frames are tight. Employees who seek more-stringent reviews of rail equipment or slow down transport can face discipline.
In the world of railroading, keeping the trains moving is paramount, and Norfolk Southern Corp. has little tolerance for late departures. Supervisors can be penalized for trains that are ready to leave but instead sit in rail yards, according to current and former employees of the Atlanta-based railroad. Train inspection time frames are tight. Employees who seek more-stringent reviews of rail equipment or slow down transport can face discipline.
A majority of economists in the March 23-28 Reuters poll also said the RBI would then keep the rate steady for the rest of the year. A majority of respondents, 20 of 36, said the central bank would maintain its withdrawal of accommodation stance at the April meeting. Until that is behind us, the RBI probably will not be very comfortable in signalling that they are done with rate hikes," said QuantEco's Kumar. In last month's poll, all economists said the bigger risk was it would be higher than they predicted. The Indian economy was forecast to grow 6.9% this fiscal year and then slow to 6.0% in the next.
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