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"The number of jobs created is working its way down slowly and wages are starting to calm down. Money market bets show 75% odds of a 25-basis point hike in the Fed's February policy meeting, with the terminal rate expected just below 5% by June. ET, Dow e-minis were up 103 points, or 0.30%, S&P 500 e-minis were up 16 points, or 0.41%, and Nasdaq 100 e-minis were up 56.75 points, or 0.51%. Macy's Inc (M.N) and Lululemon Athletica Inc (LULU.O) dropped 4.7% and 10%, respectively, following dour holiday-quarter forecasts from both the retailers. Reporting by Shubham Batra, Amruta Khandekar and Ankika Biswas in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

☆ Déjà coup: How election lies sparked the violent attack on Brazil’s government
▼ + stars: | 2023-01-09 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Election lies lead to election violence. And, like in the US, the warning signs were apparent for some time, with election deniers mobilizing on social media ahead of the attack. “We did see this coming,” Wendy Via, the president of the Global Project Against Hate and Extremism, told the Associated Press. I say 100%, because it’s the same playbook.”That playbook is one of information warfare, where a propagandistic media machine is wielded to disseminate lies casting doubt on unfavorable election outcomes. This can have a devastating effect swaying public opinion, especially in our modern society where lies quickly go viral on social media and trust in mainstream institutions has weakened.

Other rate-sensitive growth stocks like Apple Inc (AAPL.O) and Alphabet Inc (GOOGL.O) gained about 1% each as U.S. Treasury yields declined. The gains pushed technology (.SPLRCT) to the top of the major S&P 500 sector indexes list. The S&P 500 growth index (.IGX) was up 3.6%, outperforming a 0.7% rise in its value peers (.IVX). Advancing issues outnumbered decliners for a 3.68-to-1 ratio on the NYSE and a 2.15-to-1 ratio on the Nasdaq. The S&P index recorded 10 new 52-week highs and two new lows, while the Nasdaq recorded 95 new highs and 14 new lows.

☆ Stocks are headed for their worst year since 2008, but some names doubled or more in 2022
▼ + stars: | 2022-12-29 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Stocks may be careening toward their worst year since 2008, but some names are completing a remarkable run after doubling or more in 2022. In 2022, the Dow Jones Industrial Average has lost 8.4%, while the S & P 500 shed 19.2%. These stocks are up more than 100% this year, and include tankers for petroleum products, energy companies such as coal firms, and biotech and pharmaceutical names, according to CNBC. Ardmore Shipping and Scorpio Tankers were the top tanker stocks, both up about 316% for the year. Energy companies came out on top in 2022 following a surge in oil and gas prices — which market participants say will remain elevated given expectations of tight supply ahead.

☆ Two boys rescued after bungee ride malfunction at London winter festival leaves them dangling for hours
▼ + stars: | 2022-12-15 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

Two teenage boys were left dangling in the air and had to be rescued after a bungee ride malfunctioned at London’s annual "Winter Wonderland” holiday event in Hyde Park. London’s Metropolitan Police were called to the scene Wednesday just after 8:20 p.m. on reports of two people trapped in a bungee ride. Metropolitan Police said by the time officers arrived the boys in the fairground ride cage had been lowered down and they had left the scene. The ride is closed pending further investigation, but all other attractions at Winter Wonderland are operating as normal, the spokesperson said, stressing, "Safety is our highest priority." We also provide regular training for all staff to ensure our visitors can enjoy a fun and safe experience," Hyde Park Winter Wonderland said in a statement.

☆ How the NBA’s Sorriest Franchise Built Its Next Great Offense
▼ + stars: | 2022-12-06 | by ( Robert O'Connell | ) www.wsj.com time to read: +1 min

A Sacramento Kings win always ends the same way, with 1,000 watts of RGB lasers converging in a purple column. Installed at the Golden 1 Center before the season, the light shines up from the roof and dissipates somewhere past the Northern California stratosphere. The hope is that every Sacramento resident can see it—along with whatever extraterrestrials are passing by, Kings owner Vivek Ranadivé has joked. Less predictable but equally resplendent, for the “Beam Team,” are the scoring displays that occasion the postgame spectacles. “We played pretty good offensively,” first-year Kings coach Mike Brown said in a room-for-improvement tone after his club heaped 137 points atop the Detroit Pistons in a recent victory.

When my husband unexpectedly became a stay-at-home dad, our family thrived. Once I became used to having a stay-at-home spouse, I realized how deeply the patriarchy penetrated. For three years, my husband was a stay-at-home dad. My husband didn't choose to be a stay-at-home dad; it merely happened through circumstance. My husband's position is seasonal, so come spring, I will again have a stay-at-home partner, at least for a few months.

☆ 'I'm glad Elon is in the fight': Tech CEOs battling Apple's 30% App Store fee get unexpected ammo from Musk
▼ + stars: | 2022-11-29 | by ( Shona Ghosh | Kate Duffy | ) www.businessinsider.com time to read: +5 min

Elon Musk has fueled a prolonged fight between Apple and app developers over App Store fees. One CEO who predicted trouble when Musk bought Twitter said the billionaire would draw attention to a niche issue. The latter has delighted developers and tech CEOs who rely on the App Store for its huge reach. In a separate tweet, Sweeney noted that Apple had blocked "Fortnite" from the App Store. The streaming app remains available through the App Store.

☆ She Was In the CIA. Now She Makes Pajamas for the Royals.
▼ + stars: | 2022-11-17 | by ( Lane Florsheim | Photography Lyndon French For Wsj. Magazine | ) www.wsj.com time to read: 1 min

Nine years ago, Emily Hikade was flying to meet with an agent affiliated with a known terrorist group for her job as a case officer at the CIA. Suddenly, the single-prop plane hit a storm. The plane started spinning sideways, careening toward the water. “All I can see is the faces of my kids,” says Ms. Hikade, a 45-year-old mother of four sons. “My youngest wasn’t even a year old and I thought, they’re going to grow up without a mom.”

☆ 'Big Short' investor Michael Burry reveals 5 stocks he bought last quarter - after slashing his portfolio to a single holding
▼ + stars: | 2022-11-14 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

Michael Burry expanded his US stock portfolio from a single holding to six last quarter. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies. The value of Burry's portfolio jumped from about $3 million to over $41 million. Overall, Burry's US stock portfolio ballooned in size to $41.3 million, compared to only $3.3 million at the end of June. Read more: A Michael Burry expert breaks down what makes the 'Big Short' investor special.

☆ Elon Musk Calls Tesla ‘Recession-Resilient’ as Wall Street Eyes Demand
▼ + stars: | 2022-10-21 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Years of consistent quarterly profits have given Tesla a war chest rivaling that of some legacy auto makers. Elon Musk is calling Tesla “recession-resilient,” dangling a potential share repurchase and continued production increases even in the case of a possible economic downturn. Tesla spent years careening from crisis to crisis with little in the way of a cash cushion. The company neared bankruptcy in 2008, when funding dried up during the recession, and again roughly a decade later as it struggled to increase production of its Model 3 car.

☆ Here's why it's so hard to find cheap airfare this year — and why 2023 isn't looking much better
▼ + stars: | 2022-10-20 | by ( Leslie Josephs | ) www.cnbc.com time to read: +7 min

"Holiday flights are going to be expensive once again," said Scott Keyes, founder of flight-deal site Scott's Cheap Flights. "The pricing power has shifted back to the airlines for winter holiday travel." Windfall for airlinesThe three biggest U.S. airlines — Delta , United and American — each reported profits and record revenue for the third quarter. "Demand has not come close to being quenched by a hectic summer travel season," Delta CEO Ed Bastian said on the carrier's quarterly call last week. "When you are opening your Christmas presents, ideally that's when you should be thinking about booking those summer flights," he said.

☆ How Fighter Pilots Survive Death-Defying Jet Ejections
▼ + stars: | 2022-10-17 | by ( Daniel Gessner | ) www.businessinsider.com time to read: +7 min

Even in successful scenarios, 20% to 30% of fighter pilots suffer some sort of spinal fracture. In TV and movies, a fighter pilot ejecting from their jet comes across as a cut-and-dry procedure. About 20% to 30% of fighter pilots experience some sort of spinal fracture as a result. This entire process exerts 14 to 16 times the force of gravity on fighter pilots' bodies. And within two to four seconds, depending on what mode of flight you're in, you're going to have a full parachute.

“The government is obviously failing us and not protecting us,” said Taylor, who evacuated from St. John before Hurricane Ida hit. The US Centers for Disease Control and Prevention categorizes St. John and St. James as a community with high levels of Covid-19 transmission. Prior to Ida, at least 16% of residents in St. James Parish and St. John Parish were living below the poverty line, according to Census data. One of their biggest fights was against the Taiwanese plastics manufacturer Formosa, which was set to build a $9.4 billion petrochemical complex in St. James Parish. While the battle to block the multibillion-dollar facility isn’t over, Hurricane Ida added to the community’s problems.

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