DIRS.INFO The most relevant business & tech news

☆ We moved to Copenhagen to raise our young kids. Childcare is astronomically cheaper and better, but we miss the convenience of shopping on Amazon.
▼ + stars: | 2023-10-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

I wanted to raise my children in EuropeOwens, her husband, Shawn, and their three children. I brought my kids outside all the time even before we got here. I feel safe enough to leave my kids outside when I go run into a convenience store or a bakery. If you want to do Amazon, you can do Amazon Germany, but it's more expensive to ship from there to here. Ellie OwensIf you are okay with living outside the city and commuting in, you can find a lot cheaper housing.

Persons: Ellie Owens, —, Shawn, he'd, Europe Owens, he's, They're, I've, Owens, it's, We're Organizations: Service Locations: Denmark, Copenhagen, Ridgefield , Connecticut, New York, Detroit , Michigan, Bremen, Germany, Europe, Swedish

☆ Maine, a Rare Democratic-Controlled State With Loose Gun Laws
▼ + stars: | 2023-10-25 | by ( Michael Corkery | Shaila Dewan | ) www.nytimes.com time to read: +1 min

Maine, a largely blue state where Democrats control both chambers of the State Legislature and the governorship, has a long history of resisting gun control measures. The shootings in Lewiston on Wednesday that left 18 people dead are already fueling renewed calls from gun control groups to expand firearms restrictions in Maine. In regions where hunting is a big part of the culture, “if you are going to talk about restricting gun rights,’’ Mr. Brewer said, “you are going to have a hard time.”The authorities have not made public any information about what type of firearm was used in the Lewiston shootings on Wednesday, nor anything about how the weapon was obtained. Everytown for Gun Safety, a group that advocates for tighter restrictions on guns, ranks Maine 25th in the nation in the strictness of its gun laws, with more permissive laws than nearby Massachusetts, Vermont and Connecticut.

Persons: Mark Brewer, ’, Mr, Brewer Organizations: Maine Senate, State Legislature, University of Maine, Safety, Maine Locations: Lewiston, Maine’s, Maine, Massachusetts, Vermont, Connecticut, New Hampshire

☆ NY Fed to tackle weather-related risks in upcoming research barrage
▼ + stars: | 2023-10-25 | by ( Michael S. Derby | ) www.reuters.com time to read: +3 min

[1/3] A woman passes by The Federal Reserve Bank of New York in New York City, U.S., March 13, 2023. The New York Fed foray into the topic comes as the central bank has retreated from the climate issue after facing heat from some members of Congress. Meanwhile, the central bank formally joined in late 2020 with other major central banks in efforts to shore up the financial system against climate-related disruptions. Some in Congress have seen the Fed’s climate work as a sign of a politicized central bank. That said, the Fed has not ruled out thinking about how climate disruptions affect the full measure of the economy.

Persons: Brendan McDermid, there's, Jerome Powell, Loretta Mester, John Williams, ” Williams, Michael S, Andrea Ricci Organizations: Federal Reserve Bank of New, REUTERS, “, New York Fed, Fed, Cleveland Fed, Queens College, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S, New York, New Jersey, Connecticut, Puerto Rico, Congress

The projects will cost nearly $298 million and are designed to protect some of the region's most vulnerable communities. Both projects were formulated by the group Rebuild By Design, which was initiated by the U.S. Department of Housing and Urban Development in 2013, and New Jersey environmental officials. It calls for building 9,000 linear feet (about 1.7 miles or 2.7 kilometers) of flood walls, installation of flood gates and construction of berms and levees. They include planting more grass, trees and vegetation in urban areas to absorb rainfall and allow less runoff to flood streets and storm sewers. And as big as they are, the two projects starting Wednesday pale in comparison to huge flood control efforts being contemplated by the federal government.

Persons: Sandy ’, ”, Amy Chester, Hudson, Sandy, It's, Chester, Wayne Parry Organizations: U.S . Department of Housing, Urban Development, Hudson, Meadowlands, Twitter Locations: HOBOKEN, N.J, New Jersey, New York City, Hoboken, Meadowlands, New Jersey , New York, Connecticut, Jersey City, Weehawken, Manhattan, Little Ferry, Hackensack, Carlstadt, New York, www.twitter.com

☆ Powerful senators fire off letter decrying 'abusive' tactics in Corizon bankruptcy
▼ + stars: | 2023-10-25 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +10 min

Nine US senators including Elizabeth Warren, Dick Durbin, and Bernie Sanders have sent a letter to Corizon leaders demanding answers on its bankruptcy. The letter says Corizon has sought "to manipulate bankruptcy law" and calls the strategy "abusive." Citing Insider's reporting, the senators gave Corizon two weeks to turn over details about its use of the Texas Two-Step to shield assets from creditors. AdvertisementAdvertisementA powerful group of senators have pressed for answers about the bankruptcy of the private prison healthcare provider formerly known as Corizon Health. "The Texas Two-Step is a distorted use of the U.S. bankruptcy system by corporations to evade mass tort liability," the senators write.

Persons: Elizabeth Warren, Dick Durbin, Bernie Sanders, Corizon, —, Cory Booker, Ron Wyden, Tehum, Jeffrey Sholey, Isaac Lefkowitz, Tehum's, Sholey, Lefkowitz, Sen, Warren, YesCare, Hector Garcia, Adria Malcom, excoriate Corizon, Hector Garcia Jr, David Jones, Jones, Christopher Lopez, Durbin, Johnson, Sanders, Booker, Wyden, Democratic Sens, Richard Blumenthal, Mazie, Jeff Merkley, Peter Welch of Organizations: Service, Tehum Care, Finance, Corizon, Detention, Genesis Healthcare, Geneva Consulting, Genesis, Geneva Consulting —, Genesis HealthCare Inc, US, Texas, Committee, Democratic Locations: Texas, Ana, Las Cruces , New Mexico, New Mexico, Alabama, Richard Blumenthal of Connecticut, Hawaii, Oregon, Peter Welch of Vermont

☆ Ticketmaster’s hidden fees remain common long after it vowed to scrap them
▼ + stars: | 2023-10-25 | by ( Noah Pransky | ) www.cnbc.com time to read: +5 min

In this photo illustration, A Ticketmaster ticket is shown on a cellphone on November 18, 2022 in Miami, Florida. Klobuchar asked the company to provide an update on its price transparency efforts by Oct. 31. Live Nation didn't immediately respond to a request for comment on her letter. New York, Connecticut and Tennessee have each passed ticket transparency laws, requiring all ticket sellers to display total prices upfront in searches. As a result, Live Nation doesn't let venues hide fees in those states.

Persons: Sen, Amy Klobuchar, Michael Rapino, Klobuchar, didn't, Kenny Loggins, Biden Organizations: Ticketmaster, Biden, NBC, NBC News, Live Nation Entertainment, Nation, Live Nation, Administration, White, Congress Locations: Miami , Florida, Los Angeles, New York , Connecticut, Tennessee

☆ States sue Instagram-parent Meta over 'addictive' features and youth mental health harms
▼ + stars: | 2023-10-24 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

CNN —Dozens of states sued Instagram-parent Meta on Tuesday, accusing the social media giant of harming young users’ mental health through allegedly addictive features such as infinite news feeds and frequent notifications that demand users’ constant attention. In a federal lawsuit filed in California by 33 attorneys general, the states allege that Meta’s products have harmed minors and contributed to a mental health crisis in the United States. “Social media companies, including Meta, have contributed to a national youth mental health crisis and they must be held accountable. Battle lines renewedTuesday’s multipronged legal assault marks the newest attempt by states to rein in large tech platforms over fears that social media companies are fueling a spike in youth depression and suicidal ideation. In some cases, the tech industry has challenged those laws in court — for example, by claiming that Arkansas’ social media law violates residents’ First Amendment rights to access information.

Persons: Instagram, Meta, ”, Letitia James, Brian Schwalb, ” Meta, “ We’re, Yvonne Gonzalez Rogers Organizations: CNN, “ Social, Meta, District of Columbia, Google Locations: California, United States, New York, Arkansas, Louisiana, District, Colorado , Connecticut, Delaware, Georgia, Hawaii , Idaho , Illinois , Indiana , Kansas , Kentucky, Maine , Maryland , Michigan, Minnesota , Missouri , Nebraska , New Jersey , New York, North Carolina , North Dakota , Ohio , Oregon , Pennsylvania, Rhode Island , South Carolina, South Dakota, Virginia, Washington, West Virginia, Wisconsin, District of Columbia , Massachusetts , Mississippi , New Hampshire , Oklahoma , Tennessee , Utah, Vermont

☆ Is Roz Chast ‘Terrible at Decorating’? You Decide.
▼ + stars: | 2023-10-24 | by ( Joanne Kaufman | ) www.nytimes.com time to read: +1 min

For years after she moved to Connecticut from New York, Roz Chast had recurring dreams about her beloved post-college apartment on West 73rd Street. The storyline and set design of those reveries varied, but she was always on the street where she had lived. “Or the building had been turned into a hotel. Or there was a marble staircase. Or I had an apartment that had this giant hole in the middle where I could look into the apartment below.

Persons: Roz Chast, ”, Chast, — Locations: Connecticut, New York, The

☆ JPMorgan settlement with Epstein accusers draws objection from US states
▼ + stars: | 2023-10-23 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

They also said Deutsche Bank's (DBKGn.DE) similar $75 million agreement with Epstein's accusers did not contain the offending language. Lawyers for Epstein's accusers did not immediately respond to similar requests. He ordered JPMorgan and Epstein's accusers to address the states' objection by Nov. 6. Epstein died in August 2019 in a Manhattan jail cell while awaiting trial for sex trafficking. The case is Doe 1 v JPMorgan Chase & Co, U.S. District Court, Southern District of New York, No.

Persons: Mike Segar, JPMorgan Chase's, Jeffrey Epstein's, Epstein, Raul Torrez, Jed Rakoff, Jonathan Stempel, Lisa Shumaker Organizations: JPMorgan Chase, Co, REUTERS, JPMorgan, D.C, Deutsche, New, of, U.S, U.S ., JPMorgan Chase & Co, Court, Southern District of, Thomson Locations: New York, U.S, Manhattan, Washington, New Mexico, Arizona , California , Connecticut, Delaware, of Columbia, Hawaii , Illinois, Maryland, Minnesota , Mississippi , New York , Oregon , Pennsylvania, Tennessee , Utah, Vermont, U.S . Virgin Islands, York, Southern District, Southern District of New York

☆ Opinion: We could be witnessing the Republican Party break apart in real time
▼ + stars: | 2023-10-23 | by ( Thomas Balcerski | ) edition.cnn.com time to read: +7 min

Historically, political realignment has occurred when groups of voters change their affiliation to a new political party or candidate, especially around presidential and midterm elections. Yet the period between 1852 and 1860 is crucial here, for it saw the last time a major political party collapsed (the Whig Party in 1854) and the dissolution of another political party (the Democratic Party in 1860). The 1924 Democratic Party famously went through 103 ballots before agreeing on a compromise candidate, John W. Davis of West Virginia. Of course, party realignment is a tricky thing since we only come to know that it has happened in hindsight. A failure to reach a majority consensus signals the doom of an American political party.

Persons: Thomas Balcerski, James Buchanan, William Rufus King ”, Hakeem Jeffries, Patrick McHenry, let’s, V.O, Abraham Lincoln’s, Franklin D, Thomas Jefferson, John Adams, Andrew Jackson, Daniel Webster, Henry Clay, Lincoln, William Henry Seward, William L, Yancey, Stephen Douglas of, John C, Breckinridge, Theodore Roosevelt, Moose, Republican William Howard Taft, Woodrow Wilson, John W, Davis of, Hubert H, Humphrey, Republican Richard Nixon, “ Organizations: Eastern Connecticut State University, Oxford University Press, CNN, Republican Party, Democratic Party, Whig Party, Whigs, Republican Party . Southern Whigs, American Party, Democrats, Whig, Union, Democratic, Southern, Lincoln, splintering, Republican, GOP Locations: United States, Northern, Southern, Kansas, Nebraska, Charleston , South Carolina, Alabama, Baltimore, Stephen Douglas of Illinois, Kentucky, Davis of West Virginia, Vietnam, American

☆ Minnesotans are the least stressed out people in America
▼ + stars: | 2023-10-22 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

From the rollercoaster housing market or to the rising costs of groceries, it seems like everyone has reason to be a little stressed out. Earlier this year, WalletHub ranked America's "most and least stressed" states. Mississippi ranked as the most stressed out state in the U.S. It had the highest rate of money-related stress. On the opposite end of the spectrum, are the least stressed states which include Utah, Connecticut and South Dakota.

Persons: WalletHub Organizations: U.S . Census Bureau, of Labor Statistics, for Disease Control, Mississippi, CNBC, South Dakota . Locations: U.S, Utah , Connecticut, South Dakota, South Dakota . Places, Hawaii, Florida

☆ A 27-year-old real-estate investor explains how he house-hacked his way into making up to $15,000 in monthly revenue — plus the property types that maximized rental income
▼ + stars: | 2023-10-22 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

The two units brought in $2,300 in rental income, or a cash flow of $500, and Berman lived rent-free. Today, his total rental income from the property is $3,900 a month. This time, it had two paying tenants, bringing in $2,200 in monthly rental income. The homeowner would keep 70% of the profit, and Berman and his business partner would get 30% for managing it. You may not be able to start by purchasing 15 rental units, Berman said.

Persons: Cody Berman, Berman Organizations: Massachusetts Locations: Windham County , Connecticut, Boston, Massachusetts, Connecticut, Worcester , Massachusetts

NEW YORK (AP) — Breanna Stewart and the New York Liberty fell just short of winning the franchise's first WNBA championship, losing to the Las Vegas Aces in the Finals. The league's MVP won the two Finals series she played with Seattle and won four NCAA championships at UConn. “Making sure that I don’t feel that again, I think that’s really my mindset and mentality going forward,” Stewart said Friday. Stewart could be an unrestricted free agent but Liberty general manager Jonathan Kolb said that he would give her the franchise tag so that she can't sign a contract directly with another team. Jones, who came to New York in a trade in the offseason, is also an unrestricted free agent.

Persons: — Breanna Stewart, Stewart, ” Stewart, Jonathan Kolb, “, …, ”, Jonquel Jones, Jones, ” Kolb, Betnijah Laney, Courtney Vandersloot, Sabrina Ionescu, Ionescu Organizations: New York Liberty, WNBA, Las Vegas Aces, Seattle, NCAA, UConn, Big East, Liberty, Connecticut Locations: York, New York

“The border has never been a money issue,” said Rep. Dan Crenshaw, R-Texas. It also suggests $1.4 billion to add 375 immigration judges and their teams in addition to money for 1,300 new border patrol agents. “But it’s got to be designed to secure the border, not to facilitate travel through the border,” he said. “No more money should be spent simply to facilitate current border policy.”It's unclear if compromise is possible on the issue. The border is not about money; there’s some money that needs to be spent on certain things, but it is way more about policy.

Persons: Joe Biden, It's, ”, Dan Crenshaw, Biden, “, Colleen Putzel, there's, Eric Adams, Alex Gough, J.B . Pritzker, Maura Healey, Kevin McCarthy, Sen, Kevin Cramer, he’d, it’s, Texas Republican Sen, John Cornyn, Chris Murphy, ” Murphy, ” Crenshaw, Mary Clare Jalonick, Kevin Freking, Claire Savage, Mike Casey, Patrick Whittle, Lisa Rathke, Holly Ramer Organizations: WASHINGTON, U.S, White, Democratic, Homeland Security, Migration Policy Institute, Central America, New York, ”, O’Hare, Illinois Gov, GOP, Texas Republican, Connecticut Democrat, Department of Homeland Security, Associated Press Locations: Ukraine, Mexico, Israel, Texas, U.S, South, Central, York City, New, implore, New York City, Chicago, ” Massachusetts, Massachusetts, Connecticut, Washington, Boston, Portland , Maine, Montpelier , Vt, Concord, N.H

Political Cartoons View All 1211 ImagesThe disdain for Congress is just one area where Americans say they are losing faith. Various polls say the negative feelings include a loss of confidence or interest in institutions such as organized religion, policing, the Supreme Court, even banking. “Trust in institutions has deteriorated substantially,” said Kay Schlozman, professor of political science at Boston College. Just 3% have a great deal of confidence in Congress, virtually unchanged from March. The polling reinforces that Democrats are more likely than Republicans to say their confidence in the Supreme Court is low.

Persons: —, They’re, ”, Christopher Lauff, Joe Biden, “ We’re, Lauff, Kay Schlozman, Schlozman, Democratic Sen, Robert Menendez, Kevin McCarthy, Democrat Joe Biden —, Donald Trump, Rick Cartelli, Cartelli, Biden, “, Robert F, Kennedy, Kathleen Kersey, Brian Kemp, there’s, Ronald Reagan's, ” David Bateman, Barack Obama’s, Bateman, Trump, Chris Wray, ” Bateman Organizations: WASHINGTON, U.S ., “, Boston College, Democratic, Robert Menendez of New, Republicans, Associated Press, NORC, for Public Affairs Research, Democrat, Justice Department, AP, Kennedy Human Rights, Republican, Trust, Pentagon, Cornell University, Gallup, FBI, Trump Locations: U.S, Fargo , North Dakota, Ukraine, —, Robert Menendez of, Robert Menendez of New Jersey, That’s, Rocky Hill , Connecticut, Brunswick , Georgia

Cows That Survived Connecticut Truck Crash Are Doing Fine, Get Vet's OK to Head on to OhioConnecticut's Agriculture Department says 30 cows that survived a truck tipover that killed 14 others on a Connecticut highway this week have gotten a veterinary check and are cleared to complete their journey

Organizations: Ohio Connecticut's Agriculture Department Locations: Ohio, Connecticut

☆ Heating Your Home Should Cost Less This Winter—Unless You Live in These States
▼ + stars: | 2023-10-20 | by ( David Uberti | ) www.wsj.com time to read: 1 min

Nearly 4,000 Connecticut households last fall turned to Operation Fuel for help staying warm after the Russian invasion of Ukraine sent energy prices skyrocketing. This year, the nonprofit cut off applications early after aiding roughly the same number of people in about half the time. “It has outstripped our expectations,” said Roxanna Booth, spokeswoman for the donor-backed group.

Persons: ”, Roxanna Booth Organizations: Fuel Locations: Connecticut, Ukraine

Some Republican contenders for their party's 2024 presidential nomination have turned to a blunt policy proposal to tamp down on crime: killing criminals. Crime, meanwhile, is a greater concern for voters than it has been in previous elections, even as crime trends are mixed. The former president has reiterated previous calls for drug dealers to receive the death penalty, despite legal scholars questioning its constitutionality. For instance, the U.S. Supreme Court holds that the application of the death penalty for crimes that do not result in the death of the victim is generally unconstitutional. In 2008, the court left open the possibility of the death penalty for "drug kingpin activity," though it has never been applied.

Persons: Donald Trump, Jonathan Ernst, Trump, Doug Heye, David Kochel, Ron DeSantis, DeSantis, kingpins, Mike Pence, Pence, Bryan Griffin, they're, Thomas Zeitzoff, Gram Slattery, Nathan Layne, Tim Reid, Ross Colvin, Howard Goller Organizations: Des Moines, Iowa State Fairgrounds, REUTERS, Rights, Republican, Federal Bureau of, Reuters, Trump, U.S, Supreme, American University, Thomson Locations: U.S, Des Moines , Iowa, Mexico, United States, California, Florida, America, Indiana, Washington, Wilton , Connecticut, Los Angeles

KINGSTON, N.Y. (AP) — Two hospitals in New York were hit with a cyberattack and are diverting patients to other facilities, hospital officials said Friday. The cyberattack affected computer systems at HealthAlliance Hospital in Kingston along with Margaretville Hospital and Mountainside Residential Care Center — all part of the Westchester Medical Center Health Network. Ambulances are being diverted from HealthAlliance Hospital as a precaution and some current patients have been discharged to other facilities, officials said. Political Cartoons View All 1211 ImagesThe cyberattack is being investigated by local law enforcement authorities along with the FBI and an independent cybersecurity firm, the health network officials said. A similar cyberattack forced hospitals in several states to shut down their computer systems over the summer.

Organizations: HealthAlliance Hospital, Margaretville, Westchester Medical Center Health Network, HealthAlliance, Care, FBI, Prospect Medical Holdings Locations: KINGSTON, N.Y, New York, Kingston, California , Connecticut, Pennsylvania, Rhode Island and Texas

☆ Georgia will be first US state where pharmacies sell medical cannabis
▼ + stars: | 2023-10-20 | by ( Jen Christensen | ) edition.cnn.com time to read: +8 min

CNN —For the past year and a half, medical cannabis company CEO Gary Long has spent a lot of his time reassuring Georgia’s small-town mayors about what will soon be coming to their local pharmacy: medical marijuana. The Georgia Board of Pharmacy is currently processing applications from pharmacies around the state that want to sell low-dose THC products. National chains such as CVS and Walmart won’t be selling THC products in Georgia, but Long said 130 local pharmacies have already agreed to sell his product exclusively. Making medical cannabis so accessible in such a traditionally conservative Deep South state like Georgia caught some by surprise. Californians have been able to buy medical cannabis since 1996 and adults there got the right to use it recreationally in 2016.

Persons: Gary Long, that’s, ”, Long, Coke, Andrew Turnage, Jimmy Kimmel, “ I’ve, ” Long, Jonathan Marquess, ” Marquess, it’s, Jay Wexler, “, Brian Kemp, Marquess ’, Marquess, there’s, ” Turnage, Aaron Smith, ” Smith, Dr, Sanjay Gupta, Turnage, I’ve Organizations: CNN, Botanical Sciences, Georgia, of Pharmacy, CVS, Walmart, Medical Cannabis Commission, Georgia General Assembly, US Drug Enforcement, Boston University School of Law, Justice, Gov, Pharmacy, Georgia Pharmacy Association’s Academy of Independent Pharmacy, National Cannabis Industry Association, Get CNN, CNN Health Locations: Georgia, United States, Connecticut, Massachusetts

☆ Judge rules Alex Jones can’t use bankruptcy to avoid paying $1.1 billion to Sandy Hook families
▼ + stars: | 2023-10-20 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +3 min

CNN —A federal bankruptcy judge ruled Thursday that bankruptcy proceedings will not shield Infowars host Alex Jones from more than $1.1 billion in damages he owes the families of Sandy Hook shooting victims who won a civil defamation case against him in Connecticut last year. The families filed a motion in May asking the court to force Jones to pay the trial damages and rule out the possibility of a forced settlement in Chapter 11 proceedings. Jones and other InfoWars personalities called the massacre a hoax and accused the victims’ families of being crisis actors. Infowars filed bankruptcy last July in the middle of their trial. The summary judgments issued Thursday only addressed Alex Jones’ bankruptcy proceedings, not those of his company, which were not filed under traditional Chapter 11 bankruptcy.

Persons: Alex Jones, Sandy Hook, Jones, Christopher Lopez, Lopez, Neil Heslin, Scarlett Lewis, Jesse Lewis, Lewis, Heslin, Infowars, Noah Pozner, Judge Lopez, Alex Jones ’, he’s Organizations: CNN Locations: Connecticut, Newtown , Connecticut, Texas

Powdered drink mixes that are widely promoted as “toddler milks” for older babies and children up to age 3 are unregulated, unnecessary and “nutritionally incomplete,” the American Academy of Pediatrics warned Friday. Also, toddler drinks are different than medical formulas prescribed for specific conditions, such as heart disease or problems digesting certain foods. Fuchs and other experts point to the lack of common standards for toddler milks, which means the ingredients vary widely among brands. The group also wants requirements to ensure the products are not linked to regulated infant formula or sold next to formula. A health group petitioned the FDA in 2020 to regulate toddler milks, but the agency is still reviewing the request.

Persons: George Fuchs, Fuchs, milks, ”, Frances Fleming, Milici, “ They’re, Fleming, “ Organizations: American Academy of Pediatrics, U.S . Food, Drug Administration, Rudd Center for Food Policy, Health, University of Connecticut, University of Kentucky, Infant Nutrition Council of America, Abbott Nutrition, Perrigo, AAP, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP

☆ Wall St drops as Treasury yields surge, Powell speaks
▼ + stars: | 2023-10-19 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +4 min

Treasury yields rose further and the benchmark 10-year note yield was at a 16-year high of almost 5%. The rate-sensitive real estate sector (.SPLRCR) dropped 2.4% and was the day's worst-performing S&P 500 sector. [1/2]Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. The labor market is showing strength even though the central bank has raised its benchmark overnight interest rate by 525 basis points since March 2022. The S&P 500 posted 2 new 52-week highs and 37 new lows; the Nasdaq Composite recorded 15 new highs and 370 new lows.

Persons: Tesla, Jerome Powell, Elon Musk, Oliver Pursche, Jay Powell, Powell, Brendan McDermid, Caroline Valetkevitch, Shubham Batra, Shashwat Chauhan, Dhanya Ann Thoppil, Saumyadeb Chakrabarty, Vinay Dwivedi, David Gregorio Our Organizations: Netflix, Dow, Nasdaq, Treasury, Wealthspire Advisors, Economic, Dow Jones, New York Stock Exchange, REUTERS, Data, U.S . Labor Department, Netflix Inc, American Airlines, United Airlines, NYSE, Thomson Locations: Westport , Connecticut, New York, U.S, New York City, United States, Britain, France, Bengaluru

☆ Wall St ends down as Treasury yields surge, Powell speaks
▼ + stars: | 2023-10-19 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. Treasury yields rose further and the benchmark 10-year note yield was at a 16-year high of almost 5%. The Dow Jones Industrial Average (.DJI) fell 254.24 points, or 0.76%, to 33,410.84. Data this week has pointed to strong consumer demand and a tight labor market. A U.S. Labor Department report on Thursday showed the number of Americans filing new claims for unemployment benefits fell to a nine-month low last week.

Persons: Brendan McDermid, Jerome Powell, Elon Musk, Oliver Pursche, Jay Powell, Powell, Caroline Valetkevitch, Shubham Batra, Shashwat Chauhan, Dhanya Ann Thoppil, Saumyadeb Chakrabarty, Vinay Dwivedi, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Netflix, Tesla, Treasury, Wealthspire Advisors, Economic, Nasdaq, Dow Jones, U.S . Labor Department, Thomson Locations: New York City, U.S, Westport , Connecticut, New York, United States, Britain, France, Bengaluru

PARIS (AP) — Police arrested a man climbing Thursday on the Eiffel Tower, leading to visitors being temporarily stranded at the summit — including a reporter for The Associated Press and a Washington, D.C., couple who decided during the wait to get married. But when the lifts were temporarily shut down because of the climber, stranding the couple and others at the top, Khan decided to spring his surprise. “I figured we might be here longer than I imagined," Khan told the AP reporter. "So I didn’t want to miss dinner and she always wanted to be proposed to on or under the Eiffel Tower. Besides, when trapped at the top of a 1,083-foot (330-meter) tower, how can anyone say “No?”Had that happened, “somebody else would be climbing the Eiffel Tower today possibly,” she joked.

Persons: Amir Khan, Kat Warren, Khan, Pat Eaton, Robb, ’, ” Warren, ”, Alice Beunardeau, Beunardeau, she’d, Billie Eilish, “, ’ ”, “ I’m, AP's Eaton, Kathleen, ___ John Leicester, Le Organizations: PARIS, — Police, Eiffel, Associated Press, D.C Locations: Washington, Paris, Connecticut, Versailles, Le Pecq, France

Search resuls for: "connecticut"

25 mentions found