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I met my birth mother at 27 and felt rejected. But at 27, I finally met my birth mother, and I came to some startling realizations: I'm actually not OK with being adopted, and my birth mother never wanted me; she rejected me. The meeting with my birth mother did not go wellFrom the moment we sat down in Panera, I knew she never wanted me. AdvertisementI suffered from severe mom guilt because I didn't want to be compared to my birth mom. And, maybe for my birth mother, that meant giving me up to someone who knew how to care for me.
Persons: , she'd Organizations: Service Locations: Panera
"We believe the recent back up in rates is probably the last best opportunity to extend duration," wrote Gargi Pal Chaudhuri, chief investment and portfolio strategist, Americas, at BlackRock. Generally speaking, the value of a bond goes up as interest rates go down, with longer-dated bonds seeing the biggest gains. While bond funds have been seeing inflows this year, there are still plenty of investors with excess cash in short-term accounts. Different funds that offer that type of exposure include the iShares 3-7 Year Treasury Bond ETF (IEI) , the SPDR Portfolio Intermediate Term Treasury ETF (SPTI) and the Vanguard Intermediate-Term Treasury ETF (VGIT) . Investors shouldn't go overboard with adding duration, because the long-term bonds on the market carry extra risk, Akullian said.
Persons: BlackRock's, Gargi Pal Chaudhuri, Kristy Akullian, It's, Akullian, Investors shouldn't Organizations: Treasury, Federal, Investment Company Institute, BlackRock, CNBC, Treasury Bond ETF, Research, Investors Locations: Americas, BlackRock, US10Y
A Washington State man has been sentenced to more than seven years in prison for his role in the Jan. 6, 2021, attack on the U.S. Capitol, where prosecutors said he used a megaphone to urge other rioters to barge through a police line. The man, Taylor James Johnatakis, 40, of Kingston, Wash., was sentenced Wednesday after being convicted last fall of three felony charges — obstruction of an official proceeding, interfering with law enforcement during a civil disorder and assaulting law enforcement — and four misdemeanor charges, according to the U.S. Attorney’s office for the District of Columbia. Before Jan. 6, Mr. Johnatakis posted numerous messages on social media expressing his desire to interfere with the election certification process at the Capitol. “That’s why I am going to D.C., to CHANGE the course of HISTORY #stopthesteal,” he wrote in one post, according to the U.S. attorney’s office. Wearing a red MAGA hat and backpack and carrying a megaphone, Mr. Johnatakis led a group of people up to a police line on the Capitol’s Southwest stairs on Jan. 6, urging rioters to “push them out of here,” according to a court filing.
Persons: Taylor James Johnatakis, Johnatakis, Organizations: Washington State, U.S . Capitol, District of Columbia, Capitol, D.C Locations: Kingston, Wash
Some might think that, questions of morality aside, fossil fuel investments are just too good to pass up. Even in the United States, where President Joe Biden’s Inflation Reduction Act is making historic investments in clean energy, oil exports are at an all-time high. On closer examination, the simplest argument against funding new oil, gas and coal projects is not that they’re immoral. What should be even more concerning to investors is that fossil fuel companies’ challenges go beyond supply and demand. Finally, there is perhaps the greatest risk fossil fuel investors face: the industry’s massive profits are largely dependent on special treatment by governments.
Persons: Tom Steyer, Pimco, Vladimir Putin’s, Joe Biden’s, I’ve, , there’s, Morgan Stanley, persuasively, Herbert Stein Organizations: Solutions, CNN, JPMorgan Chase, State Street, Global Energy Monitor, Farallon Capital, Locations: BlackRock, Ukraine, United States, Texas, Farallon
Dollar steadies, yen pinned near 152
  + stars: | 2024-04-03 | by ( ) www.cnbc.com   time to read: +4 min
The dollar was steady on Friday after data showed U.S. inflation remained sticky but easing gradually, keeping alive the chance of the Federal Reserve cutting rates in June, while the yen slid back to the key 150 per dollar level. The dollar was on the front foot on Wednesday, pinning the yen near its lowest in decades though the heightened threat of currency intervention by Tokyo capped further declines in the Japanese currency. The yen was last at 151.585 per dollar, languishing near last month's slump to 34-year lows of 151.975 in the wake of the Bank of Japan's historic policy shift. The dollar , which on Tuesday touched a nearly five-month high of 105.10 against a basket of currencies, was last steady at 104.76. "I think the dollar will hold up pretty well in the near term, and that will be a headwind for the other major currencies."
Persons: Morgan Stanley, Koichi Sugisaki, Sterling, Carol Kong, CBA's Organizations: Federal Reserve, Bank of, Ministry of Finance, U.S ., U.S, Commonwealth Bank of Australia, Traders, Fed, New Locations: Tokyo, Japan, U.S, CBA's Kong, New Zealand
The full-blown mania in artificial intelligence is bringing tech workers and startups back to San Francisco. Last June, the startup accelerator moved its headquarters from Mountain View into its new digs at the Pier 70 shipyard. Y Combinator partners record an episode of the Lightcone podcast in a production studio complete with professional cameras and lighting fixtures. Y CombinatorRemoving 'friction'For 17 years, Y Combinator set its base in Mountain View. The new San Francisco outpost was born from a desire to get founders in person again post-pandemic.
Persons: , Jared Friedman, hasn't, Y Combinator Friedman, Y, Friedman, Carlos Avila Gonzalez, Bart, Lindsay Amos Organizations: Service, Volkswagen, Business, Chase, San, Rail, San Francisco Chronicle, Bay Area, YC Locations: San Francisco, Mountain View, San, bayside, View, Mission Bay, Bay, North Beach
Akihiko Matsuura, president of UA Zensen, center, raises his fist with members of the union during a rally for the annual wage negotiations in Tokyo, Japan, on Thursday, March 7, 2024. But will the "shunto" hikes really work for its legions of salarymen? However, headline inflation, which has been above the Bank of Japan's 2% target since April 2022, hits the entire population. This means that the generous pay raise negotiated by the unions leave out almost 84% of Japan's workforce. The recent wage negotiations are also likely to benefit mostly workers in large Japanese companies, while employees at small and medium enterprises might have to face rising prices without a commensurate hike to their salaries.
Persons: Akihiko Matsuura, Richard Kaye, Comgest, Japan Organizations: UA, Japanese Trade Union Confederation, Japan International Labour Foundation, Bank of Japan's, CNBC Locations: Tokyo, Japan
The L'Oreal Lash Paradise mascara makes lashes look long and voluminous. I get the L'Oreal Lash Paradise mascara in the shade Blackest Black. Morewa OsawaruThis mascara, which I get in the shade Blackest Black, keeps lashes looking soft and fluttery all day. The brush coats each lash, creating intense volume and dramatic length without clumping or flaking. The L'Oreal Lash Paradise mascara is $12.
Persons: Paradise mascara, L'Oreal Lash Paradise mascara Organizations: L'Oreal
A container ship colliding into the Francis Scott Key Bridge in Baltimore is drawing attention to potential vulnerabilities among some of America’s more than 600,000 bridges. The Key Bridge stood for 47 years, and in that time it never received the sort of jolt that anyone could have thought would bring it down. Extreme weather events, increasingly heavy trucks and collisions from larger container ships pose significant risks to US bridges, engineers and other infrastructure experts say. The Key Bridge was “fracture critical,” the National Transportation Safety Board said Wednesday. To minimize the potential of ships bringing down bridges, bridges need to be built with what are known as redundancies— protections around bridges’ danger points.
Persons: Francis Scott Key, Dali, Ananth Prasad, Prasad, , Jessie Yeung, Curt Devine, Casey Tolan, Isabelle Chapman Organizations: American Society of Civil Engineers, Congressional Research Service, National Transportation Safety, World Association, Transport Infrastructure, Florida Transportation Builders ’ Association, CNN Locations: Baltimore, America, United States, China, Argentina, Florida
AdvertisementBrandon Tamayo considered leaving his current job for a role in the private sector on his way to work one morning. "My friends in the private sector told me 'You could double your pay.'" AdvertisementHe could likely make six figures in the private sector — and he remains intrigued by the option. According to the US Bureau of Labor Statistics, the median years of tenure for public sector jobs in 2022 was 6.8 years, about 2.7 years higher than private sector jobs. For Tamayo, this is the largest reason he stays in the public sector.
Persons: , Brandon Tamayo, Tomayo, Tamayo, he's, Christine Cruzvergara, Cruzvergara, Raven Blanchard, she's, Blanchard, hasn't, Joe Biden, they've, Symoné Berry, Alexxus Harris, Harris, it's Organizations: Service, Indiana State University, US Bureau of Labor Statistics, ISC, EAP Locations: Illinois, Virginia, Germany, Asia
Daniel George worked at Google X and then as a VP at JPMorgan after receiving his Ph.D. in 2018. After finishing my Ph.D. at 24 in 2018, I worked at Google X, leading AI for secret early-stage moonshot projects. When I started working at Google X in Mountain View, California, I made about $270,000 a year. Learn to negotiate payFor my first job at Google X, I was given an offer right after grad school and accepted it immediately. Find a partner who has similar goalsMy wife and I met at Google X.
Persons: Daniel George, , JP Morgan Organizations: Google, JPMorgan, Service, Indian Institute of Technology, University of Illinois, Invest Locations: Kerala, India, Indian Institute of Technology Bombay, University of Illinois Urbana, Champaign, Illinois, San Francisco , New York, Seattle, View , California
How to Be Real With Your Kids
  + stars: | 2024-03-27 | by ( Anna Martin | Julia Botero | Christina Djossa | ) www.nytimes.com   time to read: +30 min
anna martinAfter the break, Penn talks about unconditional love and learning how to say “I’m sorry” as a parent. anna martinI mean, as a dad yourself now, do you remember a time where your kids saw you be vulnerable? You really, really can, of course. How do you think about unconditional love in your roles as a father and as a husband? penn badgleyI think unconditional love is actually very hard and rare in a way.
Persons: anna martin, ” I’m Anna Martin, Penn, Dan Humphrey, anna martin Dan Humphrey, It’s, ” penn, anna martin So, penn, We’re, anna martin You’re, it’s, anna martin You, anna martin Huh, there’s, I’ve, you’re, Dean E, Murphy, , welling, Let’s, don’t, , frosting, confections, I’d, ” anna martin, Danny Murphy’s, he’s, they’ve, I’m, anna martin I, anna martin Oh, penn badgley, they’re, They’re, anna martin Wow, anna martin Absolutely, he’d, anna martin Yeah, that’s, I’ll, There’s, anna martin Hm, That’s, anybody’s, Tom Cruise, Emily Blunt, You’re, anna martin Listeners, Miya Hawke, miya hawke Organizations: The New York Times, Netflix, Penn Locations: East Siders, Santa Barbara , California
Daniel George worked at Google X and then as a VP for JP Morgan after receiving his Ph.D. in 2018. After finishing my Ph.D. at 24 in 2018, I worked at Google X, leading AI for secret early-stage moonshot projects. When I started working at Google X in Mountain View, California, I made about $270,000 a year. Learn to negotiate payFor my first job at Google X, I was given an offer right after grad school and accepted it immediately. Find a partner who has similar goalsMy wife and I met at Google X.
Persons: Daniel George, Morgan, Daniel, , JP Morgan Organizations: Google, Service, India Institute of Technology, University of Illinois, Invest, JPMorgan, JP Locations: Kerala, India, India Institute of Technology Bombay, Urbana, Champaign, Illinois, San Francisco , New York, Seattle, View , California
Finland has been the happiest country in the world for seven years in a row. Now, it's inviting people to learn the ways of the Finnish and how everyone can "hack their happiness." After hosting a successful 2023 masterclass in happiness, the country's tourism sector, Visit Finland and Helsinki Partners, are welcoming a new group of people to learn the ways of the Finnish people. During the five-day masterclass, participants will learn from a team of three "Happiness Hackers" who will share hacks they can apply to their everyday lives, according to a press release shared with CNBC Make It. The happiness hacks will highlight four key themes of Finnish happiness:Nature and lifestyle Health and balance Design and everyday Food and well-being"Finnish happiness boils down to the simple things in life: connecting with nature, caring for one's mind and body, and appreciating design and art around us," Heli Jimenez, Senior Director of International Marketing at Business Finland, stated in a press release.
Persons: Heli Jimenez Organizations: Helsinki Partners, CNBC, Health, Marketing, Business Finland Locations: Finland
TOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates. A top Japanese finance official expressed reservations about the recent surge in the U.S. dollar against the Japanese yen, fueling speculation about possible intervention in the market. Despite the BOJ’s decision to hike rates, cautious communication failed to stimulate demand for the Japanese yen,” said Luca Santos, currency analyst ACY Securities. The yield on the 10-year Treasury fell to 4.21% from 4.27% late Thursday. The U.S. Federal Reserve has indicated it may deliver three cuts to interest rates this year, as long as inflation keeps cooling.
Persons: Seng, Korea's Kospi, , Luca Santos, Brent Organizations: TOKYO, Reserve, Nikkei, Shanghai, U.S ., U.S, of, of Japan, ACY Securities, Dow Jones, Nasdaq, Treasury, U.S . Federal Locations: of Japan, Japan, U.S
In today's big story, we're looking at what a potential partnership between Google and Apple over AI features would mean for both companies and the wider industry. The big storyGoogle, Apple, AIRebecca Zisser/BITwo of the world's biggest tech companies are reportedly discussing a partnership that would upend the AI industry. Apple is considering integrating Google's AI model, Gemini, into the iPhone . The company has been noticeably quiet around its AI plans compared to peers like Google, Microsoft, Meta, and Amazon. So even if Apple and Google come to an agreement, they could still face some serious regulatory pushback.
Persons: , hasn't, Rebecca Zisser, Mark Gurman, Sundar Pichai, Apple, it's, Tim Cook, Google's Gemini, Insider's Hasan Chowdhury, BI's Phil Rosen, Mike Coppola, Jerod Harris, Grzegorz Wajda, Chelsea Jia Feng, It's, OpenAI, Stephanie Cohen, Goldman Sach's, Goldman Sachs, Jenny Chang, Rodriguez, Goldman, Josh Edelson, Chip Somodevilla, TikTok, Jensen Huang, Blackwell, Alyssa Powell, elbowed, Manoj Bhargava, Steve Huffman, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Google, Apple, Business, Gemini, Microsoft, Meta, Google's, Getty, Vox Media, Getty Images, Department of, Big Tech, Wall, Cloudflare, Bank of Japan, SXSW, Nvidia, Sports Illustrated, Arena Group Locations: AFP, Woodstock, Arizona , Florida , Illinois , Kansas, Ohio, New York, London
In the South Fordham section of the Bronx, residents give their neighborhood a Bronx cheer. In Park Slope in Brooklyn — known and parodied for its self-consciously liberal politics and wealth — residents are much happier. But if there’s one thing that New Yorkers can agree upon, it’s that the quality of life in New York City has suffered. Less than a third rate the city’s quality of life as excellent or good. Less than a quarter are content with the overall quality of government services.
Organizations: New Locations: Fordham, Bronx, Slope, Brooklyn, New York City
TOKYO (AP) — Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The negative interest rate policy, combined with other measures to inject money into the economy and keep borrowing costs low, “have fulfilled their roles,” Bank of Japan Gov. But it had remained cautious about “normalizing” monetary policy, or ending negative borrowing rates, even after data showed inflation at about that rate in recent months. Ueda said there was “a positive cycle” of a gradual rise of wages and prices, while stressing that monetary policy will remain easy for some time. The Japanese central bank's policy is quite different from those of the U.S. Federal Reserve and the European Central Bank.
Persons: , Kazuo Ueda, Ueda, Harumi Taguchi, Haruhiko Kuroda, ___ Yuri Kageyama Organizations: TOKYO, ” Bank of Japan Gov, Bank of, Analysts, P Global Market Intelligence, U.S . Federal Reserve, European Central Bank, Bank of Japan Locations: Japan, Bank of Japan, U.S, China
Tokyo’s Nikkei 225 index rose 0.7% to 40,003.60, while the dollar rose to 150.35 Japanese yen from 149.14 yen. Australia's S&P/ASX 200 added 0.4% to 7,703.20 after Australia’s central bank kept its benchmark interest rate steady at 4.35% for a third consecutive meeting. This week's highlight for Wall Street will likely be the Federal Reserve’s meeting on interest rates, which ends on Wednesday. The widespread expectation is for the central bank to hold its main interest rate steady at its highest level since 2001. But Fed officials will also give updated forecasts for where they see interest rates heading this year and in the long run.
Persons: Australia's, Tesla, Stephen Scherr, Wayne “ Gil ”, He’s, It's Organizations: Bank of Japan, Nikkei, Reserve Bank, Bank of England, Dow Jones, Nasdaq, Nvidia, Big Tech, Hertz Global Holdings, Cruise, Delta Air Lines, Boeing, Workers, New York Mercantile Exchange, Brent Locations: BANGKOK, Asia, Shanghai, Seoul, U.S, Oregon, San Francisco
Japan's central bank raised interest rates on Tuesday for the first time since 2007, ending the world's last negative rates regime on early signs of robust wage gains this year. The BOJ raised its short-term interest rates to around 0% to 0.1% from -0.1%, according to its statement at the end of its two-day March policy meeting. Japan's negative rates regime had been in place since 2016. The BOJ also announced the abolition of its radical yield curve control policy for 10-year Japanese government bonds, which the central bank has employed to target longer-term interest rates by buying and selling bonds as necessary. The Bank of Japan expects higher salaries to lead to a virtuous spiral with domestic demand fueling inflation.
Persons: BOJ, Kazuo Ueda Organizations: Japan Inc, Bank of Japan Locations: Japan, Japan's
The BOJ will now look to utilize its short-term interest rate as its primary policy tool. It will employ an interest rate of 0.1% to current account balances held by financial institutions at the central bank from March 21, while encouraging the uncollateralized overnight call rate (another interest rate used as a policy lever by the bank) to remain at around 0 to 0.1% — effectively raising interest rates from -0.1% previously. It would resort to "nimble responses" in the form of increased Japan government bond purchases and fixed-rate purchases of JGBs, among other things, if there is a rapid rise in long-term interest rates. Japanese investors have looked elsewhere for better returns given years of artificially depressed interest rates in their home market. The Fed is due to announce its own interest rate decision on Wednesday.
Persons: Japan Alexander Spatari, Kazuo Ueda, Rob Carnell, BOJ, Ueda, Michael Brown, , JGBs, Vishnu Varathan, Hayden Briscoe, Briscoe Organizations: Japan's, Japan Inc, Asia, ING, CNBC, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial Group, Bank of America, Barclays, U.S . Federal, UBS Asset Management Locations: Dotonbori, Japan, Japan's, U.S, Mizuho's, Asia
The couple's tiny house and land as seen from above. AdvertisementI don't live in the Philippines full-time yet but the plan is for us to settle into a house that we build there eventually. Leading up to that, I decided to build a tiny house to see what the experience would be like. The exterior of the couple's tiny house. At that point, we'll live in the tiny house as we build our dream bungalow-style home on the main lot.
Persons: , Brandon Turrell, I'd, it's, Arlene, I've, It's, I'm Organizations: Service, Business, Financial Independence, FIRE Locations: Washington, Philippines, Puyallup , Washington, Tacoma, It's, Southeast Asia, Leyte, Manila, Tanauan
Germany’s DAX added 0.1% to 17,959.35 and the FTSE 100 in London edged 0.1% higher to 7,731.73. Markets are awaiting a decision by the Bank of Japan on Tuesday on whether to raise its benchmark interest rate for the first time in 17 years. The Hang Seng in Hong Kong edged 0.1% higher to 16,737.12, and the Shanghai Composite index gained 1% to 3,084.93. Elsewhere, Australia’s S&P/ASX 200 edged 0.1% higher to 7,675.80, and the Kospi in South Korea advanced 0.7%, to 2,685.84. A report on consumer prices last week showed inflation remains stubborn, ticking up to 3.2% in February from 3.1% in January.
Persons: Germany’s DAX, Australia’s Organizations: Japan’s, Federal Reserve, CAC, Dow Jones, Nikkei, Bank of Japan, Honda Motor, Dongfeng Motor, Nasdaq, Software, Adobe, Microsoft, Broadcom, Google, University of Michigan, Fed, Traders, CME Group, New York Mercantile Exchange, Brent, U.S Locations: HONG KONG, London, Paris, Tokyo, Hong Kong, Shanghai, China, South Korea, India, Bangkok, U.S
HONG KONG (AP) — Asian stocks advanced Monday ahead of policy decisions this week by Japan’s central bank and the Federal Reserve. Markets are awaiting a decision by the Bank of Japan on Tuesday on whether to raise its benchmark interest rate for the first time in 17 years. A report on consumer prices last week showed inflation remains stubborn, ticking up to 3.2% in February from 3.1% in January. Another report on prices at the wholesale level also showed inflation remains hotter than Wall Street expected. The Fed's main rate remains at its highest level since 2001.
Persons: Australia’s Organizations: Japan’s, Federal Reserve, Nikkei, Bank of Japan, Dow Jones, Nasdaq, Technology, Software, Adobe, Microsoft, Broadcom, Google, University of Michigan, Fed, Traders, CME Group, New York Mercantile Exchange, Brent, U.S Locations: HONG KONG, Tokyo, Hong Kong, Shanghai, South Korea, India, Bangkok, U.S
So, is Schumer’s speech likely to have a major impact in Israel or on Biden administration policy? One way to read the impact of Schumer’s speech is that it will give the administration the political space to toughen up its policies toward the Netanyahu government. How Schumer’s speech will impact Israel and the US-Israeli relationship is hard to predict. Just look at the Republican reaction to Schumer’s speech. In an interview with CNN, Senate Minority leader Mitch McConnell said Schumer’s speech was a contradiction of US policy.
Persons: Aaron David Miller, ” Miller, Chuck Schumer, ” that’s, Howard Beale, Benjamin Netanyahu, , Schumer, Biden, Netanyahu, “ atta, Yair Lapid, Naftali Bennett, ” Benny Gantz, Schumer “, , ” Gantz, We’re, Donald Trump, Trump, Will Biden, Joe Biden, It’s, that’s, he’s, Israel –, Schumer won’t, George H.W, Bush, State James Baker, Yitzhak Rabin’s, Yitzhak Shamir, Rabin, Bill Clinton, Shimon Peres, Peres, John Boehner, Sen, Itamar Ben Gvir, Bezalel Smotrich, Mitch McConnell, can’t, Organizations: Carnegie Endowment, International Peace, Democratic, Republican, CNN, , Likud, State, Republican Party, Democrat, Hamas, Biden, Israel, White, GOP, Republicans, West Bank Locations: East, Israel, Washington, , Gaza, Arab, Michigan, Qatar, Iran, Jerusalem, America
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