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Markets are widely expecting the Fed to keep interest rates unchanged. The outlook for rate cuts this year continues to sour, with traders pricing in just one or two cuts by December. AdvertisementUS stocks were mostly lower on Wednesday as traders waited for the Federal Reserve to announce its next move on interest rates. Investors have also dialed back their outlook for rate cuts throughout the year. At Wednesday's meeting, market watchers expect Powell to formally confirm this shift from the FOMC, which had previously forecast three rate cuts this year," Alex Kuptsikevich, a senior market analyst at FxPro said in a note.
Persons: Stocks, , Richard Flynn, Charles Schwab, Powell, Alex Kuptsikevich, FxPro Organizations: Service, Federal Reserve, Open Markets, Traders
CNN —The Duchess of Edinburgh has become the first member of the British royal family to visit Ukraine since Russia’s invasion in 2022, Buckingham Palace announced on Monday. The duchess is a champion of the UK’s Preventing Sexual Violence in Conflict Initiative and the United Nations’ Women, Peace and Security Agenda. Sophie met survivors of conflict-related sexual violence and torture, as well as children who were allegedly forcibly separated from their families by Russia, according to Buckingham Palace. Sophie, Duchess of Edinburgh lights a candle as she visits Saint Andrew's Church on April 29, 2024 in Bucha, Ukraine. In March 2023, Prince William visited the Ukrainian-Polish border to meet British and Polish troops and learn more about their collaboration in supporting Ukraine.
Persons: Duchess, Buckingham, Sophie, Edinburgh, Prince Edward , King Charles ’, , ” “, , Anatolii, Volodymyr Zelensky, Olena Zelenska, ” Buckingham, Prince William Organizations: CNN, United Nations, CNN’s Royal, Ukraine, Andrew's Church, Democratic Locations: Edinburgh, Ukraine, Russia, Buckingham, Bucha, Kyiv, Kosovo, Sierra Leone, South Sudan, Democratic Republic of, Congo, Colombia
Lisa Su, chair and CEO of Advanced Micro Devices, left, and Charles Liang, CEO of Super Micro Computer, speak at the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. Notwithstanding the after-hours move, Super Micro stock is up 205% so far this year, while the S&P 500 stock index has gained 6%. If not for a key component shortage, Super Micro would have delivered more during the quarter, Liang said on a conference call with analysts. In March, Super Micro took the place of Whirlpool in the S&P 500. Reddit, GameStop and Super Micro surge
Persons: Lisa Su, Charles Liang, LSEG, Liang Organizations: Devices, Super Micro Computer, AMD, Super, Hewlett Packard Enterprise, Super Micro, Whirlpool, GameStop Locations: San Jose , California
The 75-year-old monarch revealed he was battling cancer in early February and is continuing his treatment as he restarts his public-facing engagements. The first fresh entry in his diary was a visit to a cancer treatment center in London, where he was expected to meet patients and staff. The King, who has been patron of Macmillan Cancer Support for nearly three decades, was accompanied by his wife, the Queen. The King and Queen meet staff as they arrive at the cancer treatment center. However, it has been confirmed that he will welcome Japan’s Emperor and Empress for a state visit later that month.
Persons: London CNN — King Charles III, , Camilla, Suzanne Plunkett, Charlie Swanton, Buckingham Organizations: London CNN, Macmillan Cancer, Reuters, University College Hospital Macmillan Cancer, Cancer Research, CNN’s Royal Locations: London, Normandy
Washington CNN —Nowadays, it’s anyone’s guess when the Federal Reserve will begin to cut interest rates this year — if at all. Fed officials are meeting this week, starting Tuesday, to discuss rates and set policy. That guidance will be key for market observers who clearly have divergent views on interest rates. Forecasts from major Wall Street banks on the first rate cut are all over the place: JPMorgan and Goldman Sachs expect the first cut in July, while Wells Fargo is betting on September. Some Fed policymakers, meanwhile, have even floated the possibility of a rate hike, instead of a cut.
Persons: Goldman Sachs, Wall, Liz Ann Sonders, Charles Schwab, Jerome Powell, , ” Kathleen Grace, John Towfighi, That’s, nearshoring, Alberto Ramos, Ramos, Morgan Stanley, Read, Cindy Westman, , Brian Fung, Jason Carroll, I’ll, , Westman, , Westman — Organizations: CNN Business, Bell, Washington CNN, Federal Reserve, JPMorgan, Bank of America, CNN, Labor Department, Manufacturing, Commerce Department, Program, Social Locations: Washington, Wells, Mexico, , China, United States, Eureka , Illinois
In fact, Business Insider has learned, Gates has been quietly orchestrating much of Microsoft's AI revolution from behind the scenes. The company, Nadella promised, would "continue to benefit from Bill's ongoing technical passion and advice to drive our products and services forward." According to two executives, Gates' memo treated as gospel, sparking Microsoft's push to take the lead in the AI arms race. Now, it seemed, OpenAI might offer Microsoft a way to help forge the AI future that Gates had long envisioned. According to two executives, Gates' words were treated as gospel, helping spark Microsoft's push to take the lead in the AI arms race.
Persons: Bill Gates, Satya Nadella, Gates, Siri, They're, Clippy, Copilot, That's, Sam Altman, — Gates, Satya, Nadella, Steve Ballmer, Peter Thiel bashed, Bill, Melinda, Jeffrey Epstein, Nadella's, Rather, OpenAI, Kevin Scott, Scott, Altman, you'll, OpenAI's, Bing —, Bing, Steve, Sam, Kayla Wood, Frank Shaw, Shaw, , Charles Lamanna, Jaime Teevan, Jeff Teper, Charlie Bell —, He's, Forbes, Mustafa Suleyman, DeepMind, Bill G, Suleyman, aren't, hadn't, there's, Ashley Stewart Organizations: Microsoft, Agents, Business, Google, Wired, Street Journal, Rover, Steve Jobs, OpenAI, Amazon Web Services Locations: Tay, Gates, Clippy, Washington, Redmond , Washington, Seattle
AI startup Holistic, founded by ex-DeepMind scientists, is raising $200 million in new funding. The Paris-based startup is raising capital from Accel and BPI France, sources say. The startup aims to develop a multi-agent AGI, per a leaked investor deck obtained by BI. AdvertisementA Paris-based AI startup founded by two ex-DeepMind scientists is set to raise around $200 million in new funding. Ex-DeepMind scientist Laurent Sifre is chief LLM officer.
Persons: AGI, , Charles Kantor, Karl Tuyls, Laurent Sifre Organizations: Accel, BPI France, BI, Service, Stanford Business School, Business Locations: Paris
"The Eames chair is basically meme status," said Joel Vanderveen, a 35-year-old from Minnesota who created a subreddit about a decade ago dedicated to all things Eames. "Until the last 10 years, when people would say to me they had an Eames chair, I never knew which one they meant," Kirkham said. The Eames chair is one of those rare luxury goods that checks all those boxes for novices and experts alike, in his view. Not everyone with the Eames chair has a new one, an expensive one, or even a real one. The Eames chair seems eco-friendly, too — they're not going to be tossing it out in two years.
Persons: he'd, that's, Herman Miller Eames, I'd, I'm, Eames, Herman Miller, Amy Auscherman, Herman Miller's, Joel Vanderveen, Charles, Ray Eames, Pat Kirkham, Kirkham, wasn't, it's, It's, Auscherman, Julia Mack, Jennifer Jones, Kyle, He's, Zak Cole, who'd, Shawn Pasternak, they're, Derek Guy, HENRY, Guy, Loren Kreiss, they've, Emily Stewart Organizations: MoMA, Kingston University, Playboy, Porsche, Ikea, Democrat, Business Locations: New York City's Queens, Minnesota, ottoman, London, Brooklyn , New York, San Francisco, Brooklyn, Nashville, Los Angeles, Michigan, Washington, It's, I'm
"The Eames chair is basically meme status," said Joel Vanderveen, a 35-year-old from Minnesota who created a subreddit about a decade ago dedicated to all things Eames. "Until the last 10 years, when people would say to me they had an Eames chair, I never knew which one they meant," Kirkham said. The Eames chair is one of those rare luxury goods that checks all those boxes for novices and experts alike, in his view. Not everyone with the Eames chair has a new one, an expensive one, or even a real one. The Eames chair seems eco-friendly, too — they're not going to be tossing it out in two years.
Persons: he'd, that's, Herman Miller Eames, I'd, I'm, Eames, Herman Miller, Amy Auscherman, Herman Miller's, Joel Vanderveen, Charles, Ray Eames, Pat Kirkham, Kirkham, wasn't, it's, It's, Auscherman, Julia Mack, Jennifer Jones, Kyle, He's, Zak Cole, who'd, Shawn Pasternak, they're, Derek Guy, HENRY, Guy, Loren Kreiss, they've, Emily Stewart Organizations: MoMA, Kingston University, Playboy, Porsche, Ikea, Democrat, Business Locations: New York City's Queens, Minnesota, ottoman, London, Brooklyn , New York, San Francisco, Brooklyn, Nashville, Los Angeles, Michigan, Washington, It's, I'm
London CNN —Prince Harry will return to the United Kingdom in May to celebrate a milestone anniversary of the Invictus Games, the biennial sporting competition he founded a decade ago. It was not immediately clear if the prince will meet with his relatives during the trip next month. Prince Harry talks with wheelchair basketball players during the launch of the Invictus Games at the Copper Box Arena in London's Queen Elizabeth Olympic Park in March 2014. Max Mumby/Indigo/Getty ImagesThe Invictus Games were established by Prince Harry after his deployment in Afghanistan. Winter sports will also be played for the first time at the Vancouver Whistler games, including Alpine skiing and snowboarding, Nordic skiing and biathlon, skeleton and wheelchair curling.
Persons: London CNN — Prince Harry, Duke, Sussex, King Charles ’, Harry, ABC’s, , , I’m, Meghan, Duchess of Sussex, Queen Elizabeth II, Paul’s, Prince Archie’s, Buckingham, Charles, Naruhito, Masako, Prince Harry, London's Queen Elizabeth, Max Mumby, ” Harry Organizations: London CNN, Invictus Games, London's Queen Elizabeth Olympic, CNN’s Royal, Invictus, Vancouver Whistler, First Nations Locations: United Kingdom, London’s St, Paul’s, United States, St, London's Queen, Afghanistan, Vancouver, Whistler, Canada
AdvertisementSome royal fans think the Duchess of Sussex and Buckingham Palace are in a jam — specifically strawberry. Speculation that Buckingham Palace and Meghan Markle might be battling it out via fruit preserves began on Wednesday. Buckingham Palace. AdvertisementIt didn't take long for online users to draw comparisons between Buckingham Palace and American Riviera Orchard. AdvertisementAmerican Riviera Orchard and Buckingham Palace haven't commented on the speculationRepresentatives for Markle and Buckingham Palace did not immediately respond to a request for comment from Business Insider.
Persons: Meghan Markle's, Buckingham, , Duchess of, Meghan Markle, Markle, Prince Harry, Duke of Sussex, influencers, Tracy Robbins, Delfina Blaqier, Chrissy Teigen, we've, Mindy Kaling, Tracee Ellis Ross, haven't, King Charles III, Queen Camilla Organizations: Markle, Service, Variety, Buckingham Palace, America, Business, Palace Locations: Duchess of Sussex, Buckingham, Buckingham Palace, Montecito, Orchard
That was the sound of the first campus protest I’d ever experienced. I’d come to Harvard Law School in the fall of 1991 as a graduate of a small, very conservative Christian college in Nashville. This is the era when a writer for GQ magazine, John Sedgwick, called the law school “Beirut on the Charles” because it was torn apart by disputes over race and sex. I watched as they danced, sang and listened to speeches by student activists and sympathetic professors. Protests got more unruly, and student activists got more aggressive.
Persons: I’d, John Sedgwick, Charles ”, John F, Kentucky who’d, , Organizations: Harvard Law School, Christian, Harvard, GQ, Kennedy School of Government Locations: Nashville, Beirut, Kentucky
That didn’t work. In 2015, they collected signatures to bring their proposal up for a vote, but didn’t get enough. This time, they made it to a ballot and won the election, only to be stalled by a lengthy court battle. But the Louisiana Supreme Court cleared the way on Friday for the formation of St. George, a city of nearly 100,000 people that joins the ranks of the state’s largest cities, falling between Lafayette and Lake Charles in population. It is the first city to be incorporated in Louisiana in nearly two decades.
Persons: George ., George Locations: Baton Rouge, La, St, Louisiana, Lafayette, Lake Charles
Protect Social Security!" In 1983, when the last major Social Security reforms were enacted, there were no benefit enhancements, Larson argued. Today, annual earnings of up to $168,600 are subject to a 6.2% payroll tax toward Social Security paid by both workers and employers. Larson's plan also calls for closing loopholes that allow wealthy taxpayers to avoid paying Social Security taxes on other income. Larson said the public is well aware that Social Security benefits are theirs and they've paid for them.
Persons: Kean, Dave Kotinsky, Larson, they've, John Larson, Conn, Mark Wilson, Nancy Altman, Drew Ferguson, Ferguson, Jodey Arrington, Charles Blahous, Blahous Organizations: Getty, hasn't, Social Security, Security, Social, Capitol, Democratic, Republican, Republican House, Republicans, George Mason University Locations: Bridgewater , New Jersey, Jan, Georgia, Texas
Brown sophomore Alex Eisler has a lucrative side hustle selling restaurant reservations. He vends them on nascent platform Appointment Trader. AdvertisementEisler told Business Insider the most expensive reservation he's ever sold was $1,358 at an omakase restaurant in Boston. Appointment Trader is just one platform helping to turn reservation-selling into a cottage industry of sorts. "It's bad for business," Eric Ripert, chef and co-owner of famed French seafood restaurant Le Bernardin, told The New Yorker.
Persons: Brown, Alex Eisler, Eisler, , Eisler —, he's, Prime, Carbone, Insider's Linette Lopez, Tock —, Eric Ripert, Bernardin Organizations: Service, Brown University, American Express, Business, Yorker, Bloomberg, New Locations: Boston, New York City
Donald Trump Has Never Sounded Like This
  + stars: | 2024-04-27 | by ( Charles Homans | ) www.nytimes.com   time to read: 1 min
The man himself appeared at 10:14 p.m., strolling into the ballroom from somewhere in the private depths of the club. For a strange moment he stood there, alone and mostly unnoticed in the doorway, a ghost at his own party, before the music kicked in and he made his way to the stage. He began with some thank-yous and superlatives, some reminiscences about his presidency and denunciations of the one that followed. “We’re going to win this election, because we have no choice,” Donald J. Trump told us. “If we lose this election, we’re not going to have a country left.” He said it in a tone he might have used to complain about the rain that had doused Palm Beach that weekend.
Persons: “ We’re, ” Donald J, Trump, we’re,
London CNN —Britain’s King Charles III will resume public duties next week following “a period of treatment and recuperation,” Buckingham Palace announced Friday, two months after revealing that he was being treated for cancer. But the palace spokesperson did clarify that Charles was not expected to carry out a full summer program. Charles’ last public appearance was on Easter Sunday when he went to church in Windsor with several family members. Throughout his treatment, the King has continued to carry out his constitutional duties, receiving his daily red boxes and paperwork. Charles announced his cancer diagnosis and that he would step back from public-facing duties while undergoing treatment in early February.
Persons: London CNN — Britain’s King Charles III, ” Buckingham, Queen Camilla, Naruhito, Masako, King, Millie Pilkington, Camilla, couturier Fiona Clare, , ” King Charles III, George's, Hollie Adams, Charles, Charles ’, Rishi Sunak’s, Charles ’ rubberstamping, Benjamin Key, Catherine , Princess of Wales, Kate, Prince Louis ’, Prince William, Princess Anne, Prince Edward, Prince, Wales Organizations: London CNN, , Westminster Abbey, Easter, CNN, St, CNN’s Royal, Naval Staff Locations: British, London, Buckingham Palace, Normandy, St, Windsor , England, Windsor, George’s, Rwanda, West Midlands
Britain's King Charles leaves the London Clinic after receiving treatment for an enlarged prostate in London, Britain January 29, 2024. King Charles III will resume his public duties next week following treatment for cancer, Buckingham Palace announced Friday. Charles took a break from public appearances almost three months ago to focus on his treatment for an undisclosed type of cancer. The palace said Charles would make a public visit to a cancer treatment center on Tuesday in the first of several appearances he will make in coming weeks. One of his first major engagements will be hosting a state visit by the emperor and empress of Japan in June.
Persons: Britain's King Charles, King Charles III, Buckingham, Charles, ″ Charles, Rishi Sunak, Charles ', Princess, Duke, Duchess, Prince Harry, Meghan — Organizations: Clinic Locations: London, Britain, Japan, Wales, Sussex
Buckingham Palace confirmed King Charles III was diagnosed with cancer in January. After months of stepping back, the palace announced Charles was returning to public duties in April. AdvertisementKing Charles III's return to public duties is imminent, Buckingham Palace said in a statement shared with Business Insider on Friday. But the palace's latest announcement signifies the king is ready to return to business as usual. AdvertisementHere's a timeline of Charles' health struggles, from his diagnosis to his return to the public.
Persons: Buckingham, King Charles III, Charles, , Charles III's, Kate Middleton, Prince William Organizations: Service, Business Locations: British
I reached out to investing educator Amanda Holden, who told me it's smart to start with a brokerage account. Instead of investing in individual stocks, she suggests ETFs and index funds. In order to explain some of the basics in a simple way, I reached out to investing educator Amanda Holden for her thoughts. She had four tips for getting started on your investing journey. Of course, you'll want to consult with a financial advisor for a full investing strategy; her tips are educational, but they aren't investing advice.
Persons: Amanda Holden, it's, Holden, Charles Schwab, Schwab, Get, You'll, aren't, we'll, doesn't Organizations: Fidelity, Vanguard, — Vanguard
The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change. Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently found in a report commissioned by Consumer Reports. Stan Honda | AFP | Getty ImagesOther health effects of climate change reflect more widespread shifts in global conditions. "There are clear interactions between heat waves and health conditions," said Charles Driscoll, a professor at Syracuse University who studies climate change. Climate change leads to droughts, which lead to crop failures, which cause food price spikes.
Persons: Chandan Khanna, Andrew Rumbach, Eva Marie Uzcategui, Wagner, Rumbach, Stan Honda, Charles Driscoll, Driscoll, Ringo H.W, Chiu, Mark Kantrowitz, Gernot Wagner Organizations: AFP, Getty, U.S . Department of, Treasury, Consumer Reports, Urban Institute, Bloomberg, U.S . Census, Insurance, Swiss Re Institute, Health, Natural Resources Defense, Syracuse University, International Labour Organization, Kaiser Family Foundation, of Labor Statistics, Columbia Business Locations: Fort Lauderdale , Florida, U.S, Fort Myers Beach , Florida, Florida , Louisiana, California, Hurricane, Queens, New York, Malibu, Malibu , Calif
The United States will give Ukraine $6 billion to purchase military hardware directly from American defense companies, Defense Secretary Lloyd J. Austin III announced on Friday, expressing confidence that many of the weapons and munitions the country most needs will soon arrive. “This is the largest security assistance package that we’ve committed to date,” Mr. Austin told reporters at the Pentagon. It will include air-defense missiles and artillery ammunition among other offensive and defensive weaponry, he said. Mr. Austin and Gen. Charles Q. This was the 21st such monthly meeting of the group since it was formed two years ago at a U.S. air base in Ramstein, Germany, and the first to be held since President Biden signed a long-stalled foreign aid package that includes $60.8 billion for Ukraine.
Persons: Lloyd J, Austin III, ” Mr, Austin, Charles Q, Brown Jr, Biden Organizations: Ukraine, Defense, Pentagon, Joint Chiefs of Staff, Ukraine Defense Contact, NATO, United Locations: States, Ukraine, United States, Kyiv, U.S, Ramstein, Germany
London CNN —King Charles III is making plans to install around 2,000 solar panels in the grounds of Sandringham Estate, in a sustainability drive that could see the entire country property powered by zero-carbon energy. The new venture, confirmed to CNN by a Sandringham Estate spokesperson, will provide renewable energy to power Sandringham House and the visitors’ center, with any surplus electricity returned to the grid. 06:03 - Source: CNNThe solar panels will be built on a secluded plot of land near Sandringham House, currently used as horse-grazing paddocks. The King’s latest venture follows the installation of a small number of solar panels on the roof of Sandringham House in early 2022. The monarch’s private residence, Highgrove House in Gloucestershire, also has some solar panels in its gardens.
Persons: London CNN — King Charles III, Charles, Highgrove, won’t, , Steve Gower, paddocks Organizations: CNN’s Royal, London CNN, Sandringham Estate, CNN, Sandringham House, Norfolk Constabulary Locations: London, Sandringham, Gloucestershire, Dubai
In 1968, protests against the Vietnam War reached a climax in Chicago outside the Democratic National Convention, where the police beat and arrested demonstrators — and most likely contributed to Hubert Humphrey’s loss in the general election that November. In this audio essay, the columnist Charles Blow draws a parallel between those events and this year’s convention, which will also take place in Chicago and where protesters are again planning demonstrations. Blow warns the Biden campaign that the growing campus protest movement signals what could come and that the campaign ignores history at its peril. (A full transcript of this audio essay will be available within 24 hours of publication in the audio player above.)
Persons: Hubert Humphrey’s, Charles Blow, Blow, Biden Organizations: Democratic National Convention Locations: Vietnam, Chicago
"Dead Boy Detectives" follows two deceased boys solving supernatural incidents in the mortal realm. Creator Neil Gaiman said he has no particular interest in creating a larger 'Sandman' universe. Kirby Howell-Baptiste as Death in "Dead Boy Detectives." NetflixNetflix did want it, on the condition that it would have to tie into the "Sandman" universe, Gaiman said. Advertisement"The Sandman" and "Dead Boy Detectives" technically aren't the only series that live under the "Sandman" umbrella.
Persons: HBO Max, Neil Gaiman, , Neil Gaiman's, Steve Yockey, George Rexstrew, Jayden Revri, Edwin Paine, Charles Rowland, Death, Max, Gaiman, I'm, Kirby Howell, Baptiste, Fox, he's Organizations: HBO, Netflix, Service, DC, Warner Bros, Hollywood, Netflix Netflix Locations: New York
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