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Top 25 roundup: Michigan State nips No. 4 Kentucky in 2 OTs
  + stars: | 2022-11-16 | by ( ) www.reuters.com   time to read: +6 min
Sahvir Wheeler added 16 points, Cason Wallace scored 14 and Jacob Toppin provided 10 for the Wildcats (2-1). Jeremy Roach added 16 points while playing the full 40 minutes, but he hit only 6 of 17 field-goal attempts. Dayton was led by Kobe Elvis, who had 16 points and seven rebounds, while Mike Sharavjamts finished with 14 points. It was the Huskies' first triple-double since Daniel Hamilton totaled 11 points, 11 rebounds and 11 assists against Central Connecticut State on Dec. 23, 2015. Armoni Foster and Kidtrell scored 11 points apiece for the Bulls (1-2).
In fact, Covid-related deaths and hospitalizations have fallen in recent months, despite the emergence of new omicron subvariants that evade immunity from previous infections and vaccination. Full coverage of the Covid-19 pandemicAccording to NBC News data, Covid deaths have fallen consistently since Aug. 31, when the seven-day average of daily Covid deaths was at 571. The average number of Covid hospitalizations per day has decreased by 27.9% since Aug. 28, according to NBC News data. While Covid-related hospitalizations are not currently increasing, Gupta warns that they could during the winter as immunity, especially from previous infection, diminishes. Now, he said, "Covid deaths don't all look the same."
— The man accused of killing two teenage girls has requested a public defender in a letter to the court filed Wednesday because both he and his wife can no longer work. “I, Richard M. Allen, hereby throw myself at the mercy of the court. I am begging to be provided with legal assistance in a public defender or whatever help is available,” he wrote in the letter to Carroll Circuit Court. Indiana State Police Superintendent Doug Carter announces an arrest Richard M. Allen in Delphi, Ind. “I also did not realize what my wife and I’s immediate financial situation was going to be,” he wrote.
That bank thinks the Fed is going to skirt any talk of a pivot, and opt for continued rate hikes albeit at a slower pace. Goldman Sachs listed three reasons the Fed will carry on with rate hikes:US inflation will remain "sticky" so a pivot won't be justified. Keeping rate hikes going until March 2023 will set up the central bank for a future pivot. US stock futures rise early Wednesday, as eyes turn toward the Fed's rate hike decision later today. Here's what you want to know about the 1920 rule that's still moving markets more than a century later.
Insta_photos | Istock | Getty ImagesHow to estimate I bond rates for one yearThere are two parts to I bond rates: a fixed rate, which stays the same after purchase, and a variable rate, which shifts twice per year based on inflation. It's nice to know what interest rates you will get when you're committing to a 12-month lockup. Jeremy Keil Financial advisor at Keil Financial Partners"A short-term investor — somebody just wanting to put away cash — should definitely buy in October," he said. The downsides of buying I bondsWhile roughly knowing I bond rates for one year may be appealing, there are a few things to consider before buying, experts say. "The biggest downside is you are locked in for 12 months," Keil said.
RyanJLane | E+ | Getty ImagesAfter a difficult year for the stock market, investors have poured money into Series I bonds, a nearly risk-free and inflation-protected asset that's paying a record 9.62% annual interest rate through October. While I bond rates shift twice yearly based on inflation, you can still lock in 9.62% annual interest for six months — as long as you complete the purchase by Oct. 28. You can estimate I bond rates for one yearThere are two parts to I bond rates: a fixed rate, which stays the same after purchase, and a variable rate, which shifts twice per year based on inflation. It's nice to know what interest rates you will get when you're committing to a 12-month lockup. "The biggest downside is you are locked in for 12 months," Keil said.
China's military is headhunting ex-British Air Force pilots for their training skills and expertise — and the U.K. government is working to stop it, the U.K.'s Ministry of Defence said Tuesday. Recruitment is said to be ramping up, with former pilots being offered large paychecks to work for the Chinese. While training and recruiting pilots is not illegal under U.K. law, the practice presents an intelligence risk as U.K. officials suspect China's military aims to learn about tactics and operations employed by Western pilots. One former Australian Air Force pilot, speaking to CNBC anonymously due to professional restrictions, said he was offered nearly $1 million a year to work for the Chinese military. And President Joe Biden, as part of the U.S.'s national security strategy, named China as America's "most consequential geopolitical challenge."
New York CNN Business —The strong dollar has been a headwind for blue chip US companies in the Dow and S&P 500 this year. And the Russell 2000, another index of mostly smaller companies, is down 25%, too. Also, the dollar is so strong — the US Dollar Index, which tracks the greenback against the euro, pound, yen and several other currencies has soared 18% this year — it’s making foreign imports cheaper. But real estate stocks have been slammed by worries about a housing and office real estate slowdown. And multinational companies and foreign stocks will fare more poorly than smaller companies with little to no international exposure.
Massive fiscal U-turn leaves UK in political funk
  + stars: | 2022-10-17 | by ( Pierre Briancon | ) www.reuters.com   time to read: +4 min
By the tax year ending in April 2027 this should help the government claw back 32 billion pounds of the 45 billion pounds a year Kwarteng and Truss had planned. Beyond that, the scheme, which the government had estimated might cost some 60 billion pounds over six months, will become less generous. The pound strengthened against the U.S. dollar while yields on 10-year UK government bonds declined by nearly 45 basis points. But they remain at 12-year highs, suggesting that the UK has much to do to regain credibility with global investors. Government spending cuts will also be required to narrow a hole in public finances that the Sunday Times reported was as big as 72 billion pounds ($81 billion).
Stock futures rose Monday evening after the Nasdaq Composite posted its best daily performance since July. S&P 500 futures jumped 0.49% and Nasdaq 100 futures climbed 0.55%. The Nasdaq surged 3.43% as tech stocks rebounded, led by names such as Amazon, Meta Platforms and Microsoft. More big bank earnings are on deck. Johnson & Johnson, Netflix and United Airlines will also announce results that day.
Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today. Jeremy Siegel Wharton professorOfficial data, which typically lags by a month, may not immediately show the changes happening in the real economy, he said. "Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today." "I think that that is way, way too high — given the policy lags, that really would force a contraction," he said. "But my feeling is that when I look at sensitive commodity prices, asset prices, housing prices, even rental prices, I see declines, not increases," he said.
OPEC+ agreed to cut production. But the group — which includes Saudi Arabia, the United Arab Emirates, and Russia — agreed Wednesday to slash daily oil production by 2 million barrels, in a bid to send crude prices higher. But OPEC+ defended their decision, saying it was in response to "uncertainty that surrounds the global economic and oil market outlooks." At a news conference after the meeting, the Saudi energy minister added: "We would rather be pre-emptive than be sorry," the New York Times reports. The country's deputy prime minister, Alexander Novak, said the EU's plan could lead to Russia temporarily cutting oil production further — a move that would see crude prices rise, and gasoline follow.
Friday eve means the weekend's just around the corner, but it seems like nobody told the British bond market. The balancing act, at worst, could mean a calamity for the British economy and prolonged volatility in markets. And at best, policymakers thread the needle and stabilize markets, tame inflation, and regain the confidence of traders and everyday folks dealing with a tough economy. A weaker currency means imports get more expensive, and higher bond yields mean government borrowing gets more expensive. What will it take for bond market traders to regain confidence in the UK debt market?
Hunter Dozier capped the Royals' scoring with an RBI single to make it 13-11 following Ryan O'Hearn's two-run double. Astros 6, Orioles 3 (11 innings)Christian Vazquez's two-run single capped a four-run 11th inning and visiting Houston defeated Baltimore. Jeimer Candelario followed Schoop's RBI single with a run-scoring single of his own. The White Sox's loss allowed the Cleveland Guardians to clinch their first American League Central title since 2018. Yadier Molina had an RBI single for the NL Central-leading Cardinals, who dropped consecutive games to the Dodgers after winning Friday.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCalling it poor monetary policy is an understatement, Says Prof. Jeremy Siegel on Fed hikesJeremy Siegel, professor at the Wharton School, joins the 'Halftime Report' to discuss the Fed's decision to raise rates after commodity and asset price dip, arguing that the Fed is oversteering and overlooking data that the economy is slowing.
Sharpie markers owned by Newell Brands are seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew KellySept 20 (Reuters) - When U.S. consumer products company Newell Brands Inc (NWL.O) refinanced $1.1 billion worth of bonds earlier this month, it saw its borrowing costs jump by more than half. Register now for FREE unlimited access to Reuters.com RegisterA Newell Brands spokesperson did not respond to a request for comment. But most companies with junk-rated debt have significant exposure to higher interest rates. HIGHER BANKRUPTCY RISKThe burden of higher interest payments is expected to lead to more companies filing for bankruptcies.
Tens of thousands of people are scrambling for homeowners insurance in Louisiana at the peak of hurricane season after recent storms drove their carriers out of business. Massive claims from those storms drove large national insurance companies to scale back their coverage and remaining companies to jack up rates. The strategy seemed to work: Rates eventually stabilized, although Louisiana remained one of the most expensive states for homeowners insurance. That pushed the small insurance companies to their financial limits and squeezed reinsurers, who raised their rates. The state insurer’s rolls, which totaled 34,500 in August 2020, ballooned to about 110,000 last week.
The naming of the species is the responsibility of WHO's International Committee on Taxonomy of VirusesScientists have been calling this virus "monkeypox" for 64 years. The current species known as "monkeypox virus" and the others would then be renamed to "orthopoxvirus 'something,' " he said in an email to CNN. Prior to more modern conventions about names, scientists would name a variant for the region where it emerged and was circulating. It cited "growing concern for the potentially devastating and stigmatizing effects that the messaging around the 'monkeypox' virus can have on these already vulnerable communities." "Stigma and discrimination can be as dangerous as any virus," Tedros said when he declared monkeypox a global health emergency in July.
Florida was the top 2021 destination for movers, with 221,000 more US residents moving in than out. The leavers say the high cost of living, including skyrocketing insurance prices, is a big factor. Take car insurance: Lovelace, a private investigator who uses her car regularly for work, paid $430 a month. The state's chief financial officer, Jimmy Patronis, said in May 2021 that 900 people a day were moving to Florida. A study by Joblist that compared wages to cost of living ranked Florida last out of all 50 states in affordability.
CNN —The second half of hurricane season is here and there have already been 17 named storms to keep hurricane hunters busy. But have you ever noticed hurricane hunters’ flight patterns shown by meteorologists on TV look like random, odd shapes? Hurricane hunters don’t fly away from these storms like commercial airlines do. There are two distinctive groups of hurricane hunters, the National Oceanic and Atmospheric Administration (NOAA) and the US Air Force Reserve (USAF). Fixed missionsFixed missions are designated for systems that meet tropical cyclone qualifications, such as tropical depressions, tropical storms, and hurricanes.
Dollar General sells items at 20% to 40% less than full-price retailers; most items cost below $10. Dollar General, one of the best-known discount chains, is growing rapidly and now has more than 19,000 stores across the US. According to a survey done by the nonprofit think tank, Economic Policy Institute, 92% of Dollar General workers earn less than $15 an hour. It has a limited assortment of groceries, though this is on the riseThe fresh food section at a Dollar General store. David Allio/Icon Sportswire via Getty ImagesDollar General is constantly looking at where it can cut costs in its supply chain.
Toate cele trei goluri ale partidei jucate la Munchen au fost marcate în prima repriză. Nicolò Barella a deschis scorul în minutul 31, iar Lorenzo Insigne a făcut 2-0 peste 13 minute.Belgienii au redus din diferență în prelungirile primului mitan. Jérémy Doku a obținut un penalty, iar Romelu Lukaku a înscris de la punctul cu var.Spania a ajuns în careul de ași, după ce a eliminat Elveția la loviturile de departajare, într-o partidă ce s-a jucat la Sankt Petersburg. În timpul regulamentar scorul a fost de 1-1. Ibericii au deschis prin autogolul lui Denis Zakaria, iar Xherdan Shaqiri a egalat în repriza secundă.În cele două reprize suplimentare nu s-a marcat, iar la penalty-uri, Spania s-a impus cu 3-1.Prima semifinală a Campionatului European, meciul Italia - Spania, se va juca pe 6 iulie, la Londra.
Persons: Nicolò, Lorenzo, Jérémy Doku, Denis Zakaria Organizations: Campionatului European Locations: Munchen, Elveția, Sankt Petersburg, Spania, Italia, Londra
Bulloch a interpretat rolul vânătorului de recompense Boba Fett în filmele „The Empire Strikes Back” (1980) și „Return of the Jedi” (1983). Anunțul decesului a fost făcut de agentul său: „Anunțăm cu tristețe moartea actorului Jeremy Bulloch. Jeremy a avut o carieră lungă și fericită de peste 45 de ani. A fost devotat soției sale, celor trei fii și celor 10 nepoți cărora le va lipsi foarte mult. Bulloch, originar din regiunea Leicestershire, Anglia, a interpretat roluri și în filme din seria James Bond și în câteva episoade ale serialului Doctor Who.
Persons: Bulloch, Jeremy Bulloch, . Jeremy, James Bond, Mark Hamill, Luke Skywalker, Billy Dee Williams, Lando Calrissian Organizations: Wars Locations: Leicestershire, Anglia
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