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Authorities on Tuesday announced they are investigating the death of a 1-month-old baby boy who was brought to a New York hospital over the summer for malnutrition as a homicide. Officers were called to the hospital and informed by staff that the baby was "unconscious and unresponsive," the New York City Police Department said in a statement. In an update Tuesday, police said the Office of Chief Medical Examiner deemed the death a homicide. The New York Times reported that the baby died of malnutrition. The New York City Administration for Children’s Services said state confidentiality laws prohibit it from sharing certain details.
Persons: Joseph Heben Jr, Joseph Organizations: Staten Island University Hospital, New York City Police Department, Police, New York Times, New York City Administration, Children’s Services, NYPD Locations: New York
Insider Today: Young men's new obsession
  + stars: | 2024-10-26 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
This week's dispatchThe New York Liberty celebrated their WNBA championship with a victory parade. In June, it was reported that the New York Liberty had the third-highest value in the league ($130 million), and brought in the most revenue last year ($18 million). Wu Tsai made a series of key investments that have paid off. AdvertisementAfter building out a state-of-the-art locker room, Wu Tsai focused on filling out an all-star bench. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Sarah Stier, it's, they've, Clara Wu Tsai, Joseph Tsai, Wu Tsai, Breanna Stewart, Gris Osses, Edmon De Haro, Elvis Presley's Graceland, Chelsea Jia Feng, Leila Najafi, she's, They're, Valentin Tkach, Josh Hartnett, Tyler Perry's, Bruce Springsteen, Rebecca Zisser, Taylor, she'll, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, New York Liberty, New York, Financial, Minnesota Lynx, WNBA, Liberty, Barclays Center, BI, Warner Bros, Netflix Locations: York, Brooklyn, honeymoons, Canada, New York City, New York, Chicago
ATMORE, Ala. — When Derrick Dearman entered Alabama’s execution chamber Thursday evening, he was the fifth man the state put to death this year. The difference between Dearman and the men who came before him is that he went to his death willingly. “I believe in the death penalty, but it might be more justice for him to spend the rest of his life in prison. Dearman went to the home and was told he could not stay the night. Dearman wrestled a pistol away from Justin Reed as Reed tried to defend himself and Chelsea Reed.
Persons: Derrick Dearman, Kay Ivey, Steve Marshall, Dearman, Shannon Melissa Randall, Robert Lee Brown, Justin Kaleb Reed, Joseph Adam Turner, Chelsea Marie Reed, Bryant Randall, Chelsea’s, Shannon, Robert, ” Randall, , , Jeff Hood, Hood, William C, Holman, Laneta Lester, Lester, Joseph Turner, Shannon Randall, ” Dearman, I’m, Laneta, Robert Brown, Justin Reed, Reed, Chelsea Reed, Derek, Abagail, Dearman's, I’ve, y’all, “ Derrick Dearman, Carey Dale Grayson Organizations: NBC News, Holman Correctional Facility, U.S . Justice Department, Turner, Justice Initiative Locations: Ala, Dearman, Alabama, Citronelle , Alabama, Laneta, Leakesville , Mississippi,
Analyst Alex Henderson reiterated his buy rating for the cybersecurity firm but lowered his price target to $375 from $425. JPMorgan analyst Kenneth Worthington attributed a higher assumption for total crypto market cap as one reason for his price target raise. "We see the cryptoecosystem in the midst of a material participation rally, benefitting Coinbase revenue generation near term," the analyst wrote. Analyst Eric Joseph's December 2025 price target of $8 implies a 51% decline ahead for the stock. He also maintained his $725 price target, which implies upside of 15.6% from Monday's close.
Persons: Oppenheimer, Needham, Alex Henderson, CrowdStrike, Henderson, Lisa Kailai Han, Keefe, Bruyette, Meyer Shields, Shields, — Lisa Kailai Han, Kenneth Worthington, JPMorgan downgrades, Eric Joseph's, Joseph, Chipmaker, Simon Coles, Coles, Jason Helfstein, NFLX, Fred Imbert Organizations: CNBC, Barclays, Netflix, Security, Aon, JPMorgan, Sanofi Locations: Woods, Coinbase, China, Monday's
CNN —An Ohio restaurant is not responsible for a customer’s injury after a bone was found in an order of boneless wings, a divided Ohio Supreme Court ruled Thursday, affirming an appellate court’s earlier decision. Berkheimer’s medical records said that a doctor found a “5cm-long chicken bone” lodged in his esophagus, according to court records. Berkheimer sued the restaurant, a food supplier, and a chicken farm in the Butler County Common Pleas Court in 2017. In 2023, Berkheimer appealed to the Supreme Court, which agreed to hear the case, the release said. On Thursday, the Ohio Supreme Court affirmed the dismissal of the lawsuit, saying the customer could have guarded against a piece of bone in his meal.
Persons: Michael Berkheimer, Berkheimer, , , , Joseph T, Deters Organizations: CNN, Wings, Twelfth, Court Locations: An Ohio, Ohio, Brookwood, Hamilton , Ohio, Butler
That's right: Biden used X to tell the world he was pulling out of the presidential race. Related storiesThis has all helped build X's case as the internet's digital town square. Spam and abuseThat said, there have been several signs in the months prior suggesting that it is hardly fit to be a digital town square. Pavliuc also notes that X's leaders have struggled to present the app as a "digital town square" that's fair for all. "It's important to think about comparing it to a physical town square where if you scream misogynistic or racist slurs at someone, would that be OK?
Persons: , Elon, Donald Trump, Joe Biden, That's, Biden, Alex Brandon, Mike Stewart, Linda Yaccarino, Yaccarino, Joseph Teasdale, Alexa Pavliuc, Teasdale, Pavliuc, Onur Dogman, Kamala Harris, Musk, who's Organizations: Service, White, Business, Trump, Twitter, Analysis, Oxford Internet Institute, Democrats Locations: Israel, Gaza
A C-130 Hercules aircraft undergoes scheduled maintenance in a hangar at Robins Air Force Base. A C-130 flies above Robins Air Force Base in Georgia. US Air Force photo by Jamal D. SutterRetired Col. J.F. Advertisement"He was dedicated to what he did," Michael Lohrey said. When asked whether Fisher's arrest feels like justice at all, Michael Lohrey said, "Absolutely not."
Persons: , Michael, Teresa Lohrey, Ryan Lohrey, Military.com, Teresa, We're, James Michael Fisher, Fisher, Joseph Mather, Kelsey McCarty, McCarty, Greg Feith, Jamal D, Sutter, J.F, Joseph, Caine, Sean E, Mark, Brendan C, Johnson, Joshua M, Snowden, Julian M, Owen J, Lennon, Cpl, Daniel I, Collin J, Schaaff, Robert H, Cox, William J, Chad E, Jenson, Talon, Leach, Joseph J, Murray, Dietrich, Michael Lohrey Organizations: Service, KC, 130T, Marines, Business, Air Force, Robins Air Force Base, US Air Force, Aviation, National Transportation Safety, Marine Corps, Lohrey, Elliott, Hopkins, Staff Locations: Mississippi, Georgia
A wild attempted bribery is rocking a Minnesota pandemic fraud trial. A woman dropped off a bag of $120,000 in cash to the juror's house. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLike something straight out of a mob movie, a juror in a Minnesota pandemic fraud trial was offered $120,000 cash to vote for acquittal. This story is available exclusively to Business Insider subscribers.
Persons: , Joseph Thompson Organizations: Service, Business Locations: Minnesota
Read previewChina's leader, Xi Jinping, rolled out the red carpet for his "old friend" Vladimir Putin on Thursday. For his part, Putin lavished praise on China, whose support has been vital during Russia's invasion of Ukraine. But underneath the pageantry and rhetoric, Xi is under mounting pressure over his alliance with Putin — and he has good reason to be wary of their "no limits" partnership. President Vladimir Putin and China's President Xi Jinping attend a concert marking the 75th anniversary of the establishment of diplomatic relations between Russia and China in Beijing. "Meeting with Putin now is Xi's way of showing that China will not bend to Western pressure," said Torigian.
Persons: , Xi, Vladimir Putin, Putin, Putin —, Xi Jinping, ALEXANDER RYUMIN, Zhao Tong, Graeme Thompson, Thompson, Joseph Torigian, Ali Wyne Organizations: Service, Business, Getty, BBC, Carnegie Endowment, Eurasia Group, Putin, Financial Times, School of International Service, American University, Xi, International Crisis Locations: Russian, Soviet, China, Ukraine, Russia, Beijing, Europe, Moscow, United States, Washington ,, America, Russia's, West
Attorneys specializing in state election law believe the statute has never been prosecuted. Jeenah Moon-Pool/Getty ImagesTwo highly respected law professors specializing in New York election law said the same. "I think it's very smart of prosecutors to use this state law, whether it's been used before or not," said Jeffrey M. Wice, who teaches state election law at New York Law School. Related storiesThese same three "underlying crimes" — using state election law, federal election law, and state tax law — were again given equal prominence here in a February 15 decision by Merchan. "You're having an underlying crime within an underlying crime to get to that felony," Connor told BI.
Persons: Alvin Bragg's, Trump, , Donald Trump's, Donald Trump, Law Trump, Stormy Daniels, Joshua Steinglass, Juan Merchan, Steinglass, I've, Sen, Martin Connor, Joseph T, Burns, that's, it's, Jeffrey M, Wice, — Merchan, Alvin K, Trump's, Attorney Alvin Bragg, Michael Cohen, Daniels, Cohen, Connor, Prosecutors, Jerry H, he's, Goldfeder, Cozen O'Connor Organizations: Service, Manhattan, New York, Court, New, Republican, Democratic NY, Erie, Erie County Republican, New York Law School, Attorney, National Enquirer, Trump, Fordham Law, Democracy Locations: Manhattan, New York, Brooklyn, Erie County, Buffalo , New York
CNN —Two men in New York have been charged with distributing fentanyl-laced heroin that allegedly caused the death of transgender activist Cecilia Gentili in February, prosecutors announced Monday. “Cecilia Gentili, a prominent activist and leader of the New York transgender community was tragically poisoned in her Brooklyn home from fentanyl-laced heroin. Medical examiners determined she died from “acute intoxication caused by the combined effects of fentanyl, heroin, xylazine, and cocaine. Prosecutors accuse Venti of selling the laced heroin, allegedly supplied by Kuilan, to Gentili on February 5, citing text messages, cell site data, and other evidence. Venti’s attorney, Joseph Turco, referred to Gentili’s death as an “accident” in a statement and said, “We’re sorry for Cecilia’s death.”“Our hearts and prayers go to the activist’s family.
Persons: Cecilia Gentili, “ Cecilia Gentili, , Michael Kuilan, Antonio Venti, Kuilan, Gentili, Venti, Joseph Turco, , ” Turco, Howard Greenberg, ” Greenberg, CNN’s Elizabeth Wolfe Organizations: CNN, New, Eastern, of, Patrick’s, Roman Catholic Archdiocese, Prosecutors, US, Office Locations: New York, Brooklyn, of New York, St, Gentili, America,
The Landa family attempted to move in but couldn't because of a loophole in New York City's squatters' rights laws. The Landas told WABC 7 that they purchased the home because it's right next door to family members. Related storiesThe couple told WABC 7 that they've had five hearings, but the process keeps getting delayed. Advertisement"It makes me feel completely forgotten in this legal system, unfair, and not able to do anything," Joseph told WABC 7. Advertisement"A revelation will turn this narrative on its head," O'Sullivan told WABC 7.
Persons: Joseph, Susana Landa, hasn't, , they'd, Susana Landa —, Brett Flores, Flores, It's, Bernard Fernandez, Fernandez, Landa, Joseph Russo, Alex, Susana, they've, Landas, they're, who've, Dennis O'Sullivan, Anthony Mordente, Flores —, Brett Fisher —, O'Sullivan, he'd, Flores hadn't Organizations: Service, Down, Google, Business, WABC, ABC, BI, Trust, The New York State Senate, New, New York Post, Daily Mail, Fox, Queens County Civil Locations: Queens , New York, New York, York City, Queens, New York City
In Henry’s place, a transitional council will be established and endowed with some powers of the presidency – including the ability to name a new interim prime minister. It is unclear how long it could take to establish a transitional council to begin the transfer of power, though Haiti’s former PM Claude Joseph told CNN that it could be created within 24 hours. The big question is whether these changes can bring calm to Haiti, and put a stop to the terrible violence tearing apart Haiti’s capital Port-au-Prince. Talks with regional leaders continued, leading into the emergency CARICOM meeting on Monday. The United States will contribute $300 million to the Kenyan-led multinational security mission, Blinken said after attending the CARICOM meeting on Monday.
Persons: CNN —, Ariel Henry, Henry, Claude Joseph, Jimmy “, Henry’s, Cherizier, Odelyn Joseph, Romaine LeCoeur, Fanmi, Petit, Jimmy Cherizier, Viv Ansanm, “ ’ Viv Ansanm ’, ” Cherizier, Guy Philippe, Philippe, , “ we’re, State Anthony Blinken, William Ruto, , ” Blinken, Mia Mottley, Will Ariel Henry, Blinken Organizations: CNN, CNN — Haiti’s, Caribbean, US State Department, AP, United Nations, Initiative, Transnational, CARICOM, Montana Group, Petit Dessalinnes, United Nations Security, Kenyan, senior State Department, State, State Department Locations: Caribbean, Puerto Rico, Haiti, Kenya, Port, Prince, Swiss, EDE, CARICOM, , Barbados, United States
It is delivered from above by fighter jets from a distance of some 60-70 kilometers, out of range of many Ukrainian air defenses. Yuri Ihnat, Ukrainian air force spokesman, told CNN: “On the eve of and during the battle of Avdiivka hundreds of air bombs were launched within days. The Ukrainian air force has claimed that it has brought down several Su-34 fighters in recent weeks. But most Ukrainian air defenses do not have the range to hit planes some 70 kilometers away. In the meantime, Ukrainian forces on the frontlines, especially in Donetsk, are exposed to a blitz of Russian air strikes - sometimes more than 100 in a day, according to the Ukrainian General Staff.
Persons: Joseph Trevithick, Stringer, , Yuri Ihnat, Justin Bronk, Ihnat, Su, Sergey Shoigu, Bronk, Volodymyr Zelensky Organizations: CNN, FAB, Getty, Airmobile Brigade, Royal United Services Institute, Bomber, Russian Defense Ministry, Russian, JSC Tactical Missiles Corporation, Ministry, US, Patriots, Ukrainian, Staff Locations: Russia, Soviet, Ukraine, Donetsk, AFP, Krasnohorivka, Avdiivka, Moscow, London, Anadolu, Kherson, Kharkiv, Ukrainian, Russian
Port-au-Prince, Haiti CNN —From above, Haiti’s capital city Port-au-Prince still looks serene, its white-washed homes climbing steep green hills that encircle a glittering bay. Police officers run holding their guns while confronting a gang in Port-au-Prince, Haiti March 1, 2024. Haiti’s gangs were once seen as thuggish instruments for powerful politicians and business elites. Haitian Prime Minister Ariel Henry at the United States International University Africa, in Nairobi on March 1, 2024. Anger toward the government for Haiti’s gangs problem is misplaced, he also said, emphasizing that the government has limited options.
Persons: Toussaint, Prince, Ariel Henry, Haiti’s, , , Jimmy “, Robin Hood, Ralph Tedy Erol, Henry, “ Ariel Henry, Haiti Ulrika Richardson, Kraze Barye, John Bosco, Jeremie, CNN’s, Ariel kraze peyi, Ariel, Jovenel Moise, Guy Philippe, Odric Octina, Johnson Sabin, Shutterstock, Simon Maina, Henry’s, Jean Junior Joseph, , Leinz Vales, Sean Walker Organizations: Haiti CNN, CNN, Police, United Nations, FBI, Global, Transnational, UN, National Police, Haitian, Canadian Embassy, Catholic, St, Bank, , Haitian Environment, Penitentiary, Reuters, Haiti, Caricom, United States International University Africa, Getty, Kenyan, United Nations Security Council, United Locations: Prince, Haiti, Port, Toussaint L’Ouverture, Kenya, New York, Delmas, Cité, Kizito, Jeremie, farmworkers, United States, Canada, It’s, Haitian, West, Nairobi, AFP
“The total number of Conrad Mainwaring victims remains unknown,” said Timothy Shugrue, the district attorney in Berkshire County, Massachusetts. For decades, the victims’ abuse was a closely guarded secret. I must be defective in some way or ways,’” Waxman told Mainwaring. “We would talk about school and sports and whatever teenage boys want to talk about,” Kriesberg told CNN. “Mainwaring told Joseph that this procedure was necessary so he could properly understand Joseph’s sex drive and provide proper counseling.
Persons: Conrad Mainwaring, Mainwaring, , Timothy Shugrue, , Greylock –, ” Shugrue, Camp Greylock, , Michael Waxman, ” Waxman, , Waxman, he’s, He’s, I’m, ’ ” Waxman, ” Mainwaring, , Greylock, That’s, Joe Kriesberg, ” Kriesberg, Kriesberg, “ Mainwaring, Joseph, massaging Kriesberg, masturbate Joseph, Mainwaring ”, Kat Thomas, ” Thomas, Mainwaring doesn’t, , Larry Nassar’s, Thomas ’, Stewart, Finaldi Organizations: CNN, Berkshire County –, ESPN, Attorney’s, Syracuse University, Nottingham High School, Nottingham, Syracuse City School District, Syracuse University campus, High, USA Gymnastics, Michigan State University, New, Manly Locations: Massachusetts, New York, Berkshire County , Massachusetts, Caribbean, Antigua, Barbuda, Montreal, Berkshire County, Berkshire, Nottingham, Syracuse
Hong Kong CNN —Shares in Alibaba sank as much as 7% in Hong Kong on Thursday, after the Chinese tech giant reported disappointing sales figures and announced it would suspend listings plans for two of its units. The news comes at a tough time for the tech giant. In December, the company reshuffled its top ranks after the stellar performance of a competitor caused a stir at Alibaba. The company’s announcement of a $25 billion share repurchase program, which it said demonstrated its confidence in its business and cash flow outlook, also failed to ignite interest among investors. Alibaba shares in New York closed 5.9% lower on Wednesday.
Persons: Joseph Tsai, , Alibaba, Jack Ma, PDD, Alicia Yap, Ma, , Laura Organizations: Hong Kong CNN —, Cainiao, Reuters, Refinitiv, ” Citi Locations: China, Hong Kong, Alibaba, New York
Joe Tacopina, Attorney for former President Donald Trump, leaves Federal Court after the civil trial against former President Donald Trump at Manhattan on May 09, 2023 in New York City. A trial in that case ended with a Manhattan federal court jury finding Trump liable for sexually abusing Carroll and defaming her. On Monday, Tacopina filed a notice with the appeals court seeking the withdrawal of his law firm from the case. Also Monday, Tacopina filed a notice withdrawing from the Manhattan Supreme Court case where he was defending Trump on criminal charges of falsifying business records related to a hush money payment to the porn star Stormy Daniels. Trump, who denies having sex with Daniels, reimbursed Cohen for the payment and other related costs, which were recorded by the Trump Organization as legal expenses.
Persons: Joe Tacopina, Donald Trump, Joseph Tacopina, Tacopina, Trump, Crooked Joe Biden, Steven Cheung, E, Jean Carroll, Carroll, defaming, Stormy Daniels, Trump's, Michael Cohen, Daniels, Cohen Organizations: Manhattan, Trump, Iowa Republican, GOP, America, 2nd Circuit U.S, Appeals, Carroll, Manhattan Supreme, Trump Organization Locations: New York City, Iowa, New York, Manhattan
Trump Lawyer Tacopina Withdraws From Manhattan Legal Team
  + stars: | 2024-01-15 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +2 min
By Hannah Lang(Reuters) - Joseph Tacopina, an attorney on former U.S. President Donald Trump's legal team, on Monday said he will no longer represent him in a criminal case in Manhattan related to alleged hush money payments or a separate appeal of a civil case. Trump has pled not guilty to the charges, and will face a trial this year, although the timing is uncertain. Asked about Tacopina's shift, Trump spokesman Steven Cheung told Reuters, "President Trump has the most experienced, qualified, disciplined, and overall strongest legal team ever assembled as he continues to fight for America and Americans against these partisan, Crooked Joe Biden-led election interference hoaxes." Tacopina is one of several Trump lawyers to have stopped representing him in ongoing cases. At least three members of his legal team in Florida stepped down after Trump was indicted in June on charges he unlawfully kept national-security documents when he left office.
Persons: Hannah Lang, Joseph Tacopina, Donald Trump's, Tacopina, Trump, E, Jean Carroll, Carroll, Meek, Alex Rodriguez, Donald Trump Jr, Kimberly Guilfoyle, Steven Cheung, Crooked Joe Biden, Heather Timmons, Mark Porter Organizations: Reuters, Trump, The New York Times, Republican, Yankees, America Locations: Manhattan, Florida, Washington
Joseph Tacopina, the trial lawyer on Donald J. Trump’s legal team with the most successes defending high-profile clients, will no longer represent the former president in his criminal trial in Manhattan, according to a notice sent to the court on Monday. Mr. Trump was found liable for sexual abuse and defamation last year and was ordered to pay Ms. Carroll $5 million. It was not clear why Mr. Tacopina decided to withdraw, and he declined to comment. His departure from the two cases comes as Mr. Trump enters a year of legal uncertainty. Its timing may depend on whether the federal trial accusing Mr. Trump of illegally trying to subvert the 2020 election is delayed.
Persons: Joseph Tacopina, Donald J, Tacopina, Trump, Jean Carroll, Carroll Locations: Manhattan
Remove all proof of it from the internet," she said, adding that she felt "we're inching" closer to sharing social security numbers online. Comments accused her of "reaching" and wrote that it was a big step from sharing a favorite color to a social security number. A huge number of viewers also disputed her premise, saying the questions in the template did not coincide with typical security questions. Posting personal information online is always a riskExperts tend to agree that listing personal information online isn't advisable. It's a high price to pay for a social media trend, even if it doesn't feel likely to happen to you.
Persons: , TikTok, Shiloh, Lisa Plaggemier, Plaggemier, Tessian, It's, Joseph Turow, Eliana Shiloh Organizations: Service, Deloitte, National Cybersecurity Alliance, DOJ, University of Pennsylvania Locations: Chicago
CNN —Owen Monroe was 18 days old when he made history, becoming the first person in the world to receive a partial heart transplant. At the time of his first operation, Owen’s heart was the size of a strawberry. Researchers have been working to make growing heart valves a reality through tissue engineering, germinating them from cells in a lab. She wrote a recent editorial about the potential of partial heart transplants, but she was not involved in this research. Another child who’s gotten a partial heart transplant hasn’t needed any anti-rejection medication and is doing well.
Persons: CNN — Owen Monroe, Hollywood scriptwriters, , Kathleen Fenton, Owen Monroe's, Nick, Tayler Monroe “, ” Fenton, , Joseph Turek ,, Turek, Tayler Monroe, Owen’s, Owen, Owen Monroe, truncus, ” Nick Monroe, They’re, , , Nick Monroe, Owen wouldn’t, Monroe, ” Monroe, ” Owen Monroe Nick, ’ ”, Ronald McDonald, there’s, ’ ” Monroe, aren’t, ” Turek, they’re, who’s, Dr, Sanjay Gupta Organizations: CNN, Hollywood, Advanced Technologies, Surgery, Blood Institute, Duke Health, Staff, CNN Health
Turkish President Tayyip Erdogan delivers a national statement at the World Climate Action Summit during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. "The current situation in Gaza constitutes a war crime and a crime against humanity; those responsible must be held accountable under international law," he said. The war against the innocent people of Palestine is a war crime that must be ended now," he said in his address. The "international youth delegate" said he would try to raise awareness at the COP28 conference of the Palestinian cause. The assault sparked outrage in the Arab world, though most Western leaders have supported what they say is Israel's right to defend itself.
Persons: Tayyip Erdogan, Al Sudani, Israel, Cyril Ramaphosa, Jordan's King Abdullah, Mohammed Ursof, Antony Blinken, Blinken, Rishi Sunak, Sheikh Tamim bin Hamad Al Thani, Isaac Herzog, Sheikh Mohamed bin Zayed Al Nahyan, Herzog, Oded Joseph, Bahrain's King Hamad bin Isa Al Khalifa, Abdul Latif Rashid, Gustavo Petro, Alexander Cornwell, Nadine Awadalla, Jana Choukeir, Huseyin Hayatsever, Mai Shams El, Richard Valdmanis, William Maclean Organizations: United Nations, Change, United Arab Emirates, REUTERS, Rights, Reuters, Hamas, United, U.S, State Department, Palestinian Authority, Dubai, UAE, Foreign Ministry, Reuters COP28, Thomson Locations: Dubai, United Arab, Israel, Gaza, Palestinian, Africa, Palestine, UAE, Qatar, Egypt, Jordan, Bahrain, COP28
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. Markets have priced out any additional Fed rate hikes, as recent data has shown a slowing of the economy and inflation pressures - but not enough to increase fears a sharp recession is looming. "The market is convinced, both credit, equities and currencies that the Fed has finished raising rates, but the Fed is not willing to say so. "So you're getting a gradual weakening in the dollar, simply because the Fed is doing its best to prop up rates, not necessarily the dollar, but to prop up rates." Against the yen the dollar was last traded at 148.36 yen , down 0.84%.
Persons: Dado Ruvic, CME's, we've, Joseph Trevisani, Thomas Barkin, Moody's, Sterling, Chuck Mikolajczak, Jonathan Oatis Organizations: REUTERS, U.S . Federal Reserve, Conference, Fed, Richmond Federal, Central Bank, Thomson Locations: U.S
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. Markets have priced out any additional Fed rate hikes, as recent data has showed a slowing of the economy and inflation pressures - but not enough to increase fears a sharp recession is looming. "The market is convinced, both credit, equities and currencies that the Fed has finished raising rates, but the Fed is not willing to say so. "So you're getting a gradual weakening in the dollar, simply because the Fed is doing its best to prop up rates, not necessarily the dollar, but to prop up rates." Against the yen the dollar was traded at 148.40 yen , down 0.81%.
Persons: Dado Ruvic, CME's, we've, Joseph Trevisani, Thomas Barkin, Moody's, Sterling, Chuck Mikolajczak, Jonathan Oatis Organizations: REUTERS, U.S . Federal Reserve, Conference, Fed, Reserve Bank of Richmond, Central Bank, Thomson Locations: U.S
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