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☆ King Charles acknowledges 'painful' slavery past as calls for reparations intensify
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

APIA, Samoa — King Charles said Friday that the Commonwealth should acknowledge its “painful” history, as African and Caribbean nations push for reparations for Britain’s role in transatlantic slavery. “I understand from listening to people across the Commonwealth how the most painful aspects of our past continue to resonate,” Charles said in a speech to the summit. Opponents of reparations say countries should not be held responsible for historical wrongs, while those in favor say the legacy of slavery has led to vast and persistent racial inequality. There are different types of reparations, from financial payments and apologies to technology transfer and educational programs. “What the Ocean Declaration seeks to do and to say is that once your marine boundaries are fixed, they’re fixed in perpetuity,” Scotland told Reuters.

Persons: Samoa — King Charles, ” Charles, Keir Starmer, Frederick Mitchell, ”, Jacqueline McKenzie, Leigh Day, Patricia Scotland Organizations: Commonwealth, Government, Caribbean Community, African Union, CARICOM, BBC, Leigh, Reuters Locations: APIA, Samoa, Caribbean, Commonwealth, Britain, Bahamas, London, Americas, British, Dominica

☆ Trump’s extreme vision for America hikes pressure on Harris
▼ + stars: | 2024-10-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —Donald Trump is invoking a vision of an extreme new White House term that would transform America and rock the world. And Vice President Kamala Harris has only three weeks to avert it, as she struggles to restore momentum in a neck-and-neck race to Election Day. Supporters of Vice President Kamala Harris listen to her speak during a rally at Ripon College, in Wisconsin, on October 3. With the nation in such a sour mood, Harris’ incumbency as vice president is a liability. His post underscored what Harris represents for those who fear the very real prospect of Trump’s return.

Persons: Donald Trump, Kamala Harris, Trump baselessly, Harris, “, ”, heckler, Trump, Joe Biden, Sen, JD, genuflection, Vladimir Putin, Bill Clinton, Barack Obama —, “ He’s, Jim Vondruska, Dread, Hillary Clinton, Biden, he’s, ABC’s, it’s, Trump’s, Will Harris, Brendan Smialowski, Doug Sosnik, Harris plateaued, David Chalian, Sosnik, ” Harris, Obama, ” Obama, “ Donald Trump, Chris Murphy, ” Murphy Organizations: CNN, Republican, Sunday, Fox News, Democratic, CBS, Kremlin, Trump, Ripon College, Democrats, ABC, NBC, Electoral College, White, NBC News, Air Force, Joint Base Andrews, Getty Images, Connecticut Democrat Locations: ”, Ohio, Arizona, Colorado, United States, illegals, California, Covid, Russian, North Carolina, Wisconsin, Afghanistan, Pennsylvania, Michigan, Georgia, Maryland, America, Connecticut

☆ NFL Week 4 Power Rankings: Vikings, Seahawks among early-season surprises
▼ + stars: | 2024-09-24 | by ( Josh Kendall | ) www.nytimes.com time to read: +25 min

It’s only Week 4 in the NFL, and already the league has given us plenty of surprises. AdvertisementLast week: 2Monday: Beat Jacksonville Jaguars 47-10Surprise: That all of their offseason losses haven’t hurtIn fact, some of them might have helped. Seattle Seahawks (3-0)Last week: 10Sunday: Beat Miami Dolphins 24-3Surprise: This team leads the NFC West by two gamesIt’s not the 49ers. pic.twitter.com/5ZUE81lJQm — NFL (@NFL) September 20, 202416. For the season, NFL kickers have hit 76.5 percent of their field goals from beyond 50 yards.

Persons: Trevor Lawrence, we’ve, Josh Allen, Allen, Damar Hamlin, Travis, isn’t, Kelce, Patrick Mahomes, Amon, Ra St, Brown, Jahmyr Gibbs, Gibbs, J., m., abel, m. E Organizations: NFL, Seattle Seahawks, Beat Jacksonville Jaguars, Bills, Baltimore Ravens, Beat Atlanta Falcons, Chiefs, ”, Los Angeles Chargers, Beat Arizona Cardinals Locations: 7 y, 9 y, 1 y, 4 y, 2 y, 5 y

☆ Stock market today: S&P 500 closes at record high as rate cut hopes rise and Nvidia surges
▼ + stars: | 2024-06-05 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

US stocks jumped on Monday as traders took in an improved outlook for Fed rate cuts. Investors see two rate cuts in 2024, per the CME FedWatch tool. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Expectations for rate cuts have been bolstered by a cooling labor market, which gives the Federal Reserve room to losen monetary policy. "Investors are viewing slow economic data as 'goldilocks,' with growing hope for Fed rate cuts," Mark Hackett, Nationwide's chief of investment research said in a statement on Wednesday.

Persons: —, Nvidia's, Mark Hackett, Nationwide's Organizations: Service, Nasdaq, Reserve, Apple, Microsoft, Bureau of Labor Statistics

☆ Tension with Israel represents only one of Biden’s immense election challenges
▼ + stars: | 2024-05-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

New York prosecutors claim he falsified business records to hide a payment to Stormy Daniels in an early act of election interference in 2016. Trump’s base voters have no problems either with his criminal trials or his false claims that he was cheated out of office. Israel may be far from the biggest worry for Trump’s campaignPolls consistently show that voters care most about the economy. And voters who say the economy is very important to their vote backed Trump over Biden 62% to 30%. It’s not clear that heated Republicans attacks on Biden over Israel Thursday will seriously wound him with his own voters.

Persons: Joe Biden, Biden, Donald Trump –, pollsters, Trump, Stormy Daniels, He’s, Biden outpolls, Trump’s, CNN’s Erin Burnett, Burnett, ”, ” Biden, ’, George H.W, Bush, ” Bush, Bill Clinton, Clinton, Israel —, Benjamin Netanyahu, Netanyahu, Republican Sen, Thom Tillis, GOP Sen, Josh Hawley Organizations: CNN, New, Republican, Biden, Federal, Capitol, Arab American, Hamas, Israel, Israel Thursday, GOP, Capitol Hill, Democratic Locations: Wisconsin, East, Ukraine, Gaza, America, Manhattan, New York, it’s, Israel, United States, Arkansas, Scranton, Gazan, Rafah, Michigan, Missouri

☆ How Corporate America is rethinking its sustainability and diversity efforts
▼ + stars: | 2024-05-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at how Corporate America is rethinking its sustainability and diversity efforts amid a push to avoid being labeled "woke." The rallying cry against companies' progressive campaigns is starting to leave a mark on Corporate America. AdvertisementAfter years of big promises and grand plans around social issues like diversity and sustainability, companies have taken a noticeable step back , Business Insider's Emily Stewart writes. The electric car maker axed more than 3,400 job postings in North America down to just three on Wednesday.

Persons: —, let's, wokening Brooks Kraft, Emily Stewart, Emily, ESG, hasn't, Peter Thiel, Donald Trump's, Bud Light, influencer Dylan Mulvaney, Rock, Saul Loeb, Chelsea Jia Feng, Wall, Warren Buffett, It's, Justin Sullivan, Elon, Eric Schmidt, Steve Mnuchin, Kevin O'Leary, salespeople, BI's Rob Price, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, wokening Brooks Kraft LLC, Corporate America, Trump Media, Getty Images, of America, Berkshire Hathaway's, People's Bank of China, Chelsea, Microsoft, Google, YouTube, Netflix Locations: America, Beijing, North America, New York, London

☆ Mint Butterfield, teen whose dad cofounded Slack and mom cofounded Flickr, found safe, police say
▼ + stars: | 2024-04-28 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Mint Butterfield, whose parents are major tech founders, was found safe, police said. Butterfield's parents cofounded Flickr, and their father later cofounded Slack. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Their parents, Caterina Fake and Stewart Butterfield, cofounded Flickr in 2004, and Stewart Butterfield went on to confound Slack.

Persons: Butterfield, Slack, —, Sunday . Mint Butterfield, Caterina Fake, Stewart Butterfield, confound Slack, Butterfield's, Jyri Organizations: Flickr, Service, Sunday . Mint, San Francisco Police, Business Locations: California, Bolinas

☆ Opinion | Why Authoritarians Like Saddam Hussein Confound U.S. Presidents
▼ + stars: | 2024-02-28 | by ( Steve Coll | ) www.nytimes.com time to read: +2 min

America committed its worst foreign policy mistake of the post-Cold War era when it invaded Iraq in 2003 to disarm Saddam Hussein of his supposed weapons of mass destruction. Another central question has rarely been examined: Why did Mr. Hussein sacrifice his long reign in power — and ultimately his life — by creating an impression that he held dangerous weapons when he did not? Mr. Hussein recorded his private leadership conversations as assiduously as Richard Nixon. He left behind about 2,000 hours of tape recordings as well as a vast archive of meeting minutes and presidential records. And they clarify the complicated matter of why he could not persuade U.N. inspectors, multiple spy agencies and many world leaders that he did not possess weapons of mass destruction.

Persons: America, Saddam Hussein, Biden, George W, Hussein, Richard Nixon, Bush Locations: Iraq, Iran, Washington, United States, China, Russia

☆ My geologist dad named me after a rock. It's unique and I love it.
▼ + stars: | 2024-02-23 | by ( Lajward Zahra | ) www.businessinsider.com time to read: +4 min

It is no one's fault except perhaps my father, the geologist, who named his firstborn after a rock. I have run into a couple of Rubys and even Sapphires, but I have never even run into a "Lapis" or "Lapis Lazuli." Now, I introduce myself as Lajward Zahra — no middle name and no family name. It is incredible that when you google "Lajward Zahra," I make up all the top results despite having a relatively low profile. Either way, I love reminding myself that I am Lajward Zahra when the end of a bad day or the beginning of a long one.

Persons: I'm, Zahra, Lajward Zahra, would've Locations: Pakistan

The leading Democrat in the primary is George Whitesides, a former NASA chief of staff supported by the campaign arm of House Democrats. A STRONGLY DEMOCRATIC DISTRICT THAT VOTES REPUBLICANThe Central Valley farm belt is a political conundrum. Gray, who is backed by the campaign arm of House Democrats, argues that his party can’t reclaim the House majority without winning his district. Rollins, who is backed by the campaign arm of House Democrats, says it's time for new leadership and has depicted Calvert as an extremist. “House Democrats are ready to find common ground and a bipartisan path forward.”

Persons: Richard Nixon, Ronald Reagan, hasn’t, Joe Biden, —, Gavin Newsom, Donald Trump, Newsom, ” Newsom, Trump, Mike Garcia, Garcia, — Garcia, George Whitesides, He's, “, Katie Porter, Scott Baugh, Porter, Sen, David Min, Joanna Weiss, David Valadao, Democrat T.J, Cox, Rudy Salas, Valadao, Salas, Chris Mathys, Melissa Hurtado, Republican John Duarte, Democrat Adam Gray, Gray, Ken Calvert, Will Rollins, Calvert, Rollins, Michelle Steel, Kim Nguyen, Derek Tran, Steel, Mike Levin, Levin, ” Organizations: ANGELES, —, Republican, Democratic, GOP, White House, LA COUNTY, District, Navy, Trump, California’s, Los Angeles, NASA, Democrats, REAGAN, Orange, “ Reagan, U.S, Senate, Central, Republicans, Democrat, CENTRAL, ANGELES Rep, SOUTH, Republican Rep, Capitol, Steel, Democratic Party, Hamas, American, DEMOCRAT, DISTRICT, Biden, Marine, Base, Congress, “ Locations: California, Southern California, rematches, Washington, Democratic Los Angeles County, Los Angeles, Mexican, Central, Salas, Palm Springs, Korean, Capitol Hill, Orange County, Israel, Orange, San Diego, Coastal California, Pendleton

☆ Illinois Man Who Shot 8 People to Death Was Family to Most of His Victims
▼ + stars: | 2024-01-23 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Steve Gorman(Reuters) - A man who fatally shot eight people in Illinois over the weekend before taking own life as law enforcement closed in on him in Texas was a family relative to most of his victims, but his motives remain a mystery, police said on Tuesday. The suspect, 23-year-old Romeo Nance, shot himself to death on Monday night as U.S. marshals gave chase outside a gasoline station near San Antonio, Texas, ending a manhunt that began 24 hours earlier about 1,200 miles (1,930 km) to the north outside Chicago, police said. Will County sheriff's deputies tied that slaying to the getaway car used in the nearby shooting of another man who survived his attack with a leg wound. Dan Jungles, deputy chief sheriff, said Nance had an "extensive criminal history" but that getting answers to the killings may ultimately confound investigators. "We may never know the truth of the motive behind these senseless killings," he said.

Persons: Steve Gorman, Romeo Nance, Nance, Williams Evans, Evans, Dan, Stephen Coates Organizations: Reuters, Joliet Police Locations: Illinois, Texas, San Antonio , Texas, Chicago, Joliet , Illinois, Nigerian, Will County, Los Angeles

☆ Mike McDaniel, mastermind behind the NFL’s most exciting offense, started out as a Broncos intern
▼ + stars: | 2023-11-24 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +13 min

CNN —Back in September, the Miami Dolphins put up a historic scoreline. “The Dolphins offense has underperformed and been in the shadow of the clubs’ defense for decades,” Joe Schad, a Dolphins journalist for the Palm Beach Post, told CNN Sport. “They’re feared for the first time since legendary quarterback Dan Marino was under center.”The Mike McDaniel effectOften decked out in aviator sunglasses and white sneakers, Coach McDaniel is part-quote machine, part-football geek, part-stand-up comedian and part-offensive guru. McVay became the youngest NFL head coach when he was hired by the Los Angeles Rams at the age of 30 in 2017. Tua Tagovailoa, the NFL's only left-handed starting quarterback, spearheads the Dolphins offense.

Persons: Don Shula, Dan Marino, Mike McDaniel, ’, McDaniel, ” Joe Schad, “ They’re, “ Mike McDaniel, ”, I’ve, Mike Shanahan, Gary Kubiak, Kubiak, Troy Calhoun, ” Calhoun, “, Calhoun, ” McDaniel, Shanahan, Sean McVay, Matt LeFleur, Kyle Shanahan, McDaniel’s, McVay, he’s, Erik Spoelstra, Spo’s, 🐬🇩, Mc, Su Organizations: CNN, Miami Dolphins, Denver Broncos, Miami, The Dolphins, Washington, Dolphins, Palm, CNN Sport, NFL, Houston Texans, OC, Getty, National Football League, United States Air Force Academy football, Sacramento Mountain Lions, United Football League, Washington Redskins, Los Angeles Rams, 49ers, Athletic, Yale, Miami Heat Locations: Miami, Aurora , Colorado, Houston, Cleveland, Atlanta, San Francisco, Germany

Companies Microsoft Corp FollowOpenai LLC FollowNov 20 (Reuters) - Sam Altman will not return as the CEO of OpenAI and ex-Twitch boss Emmett Shear will become the new interim boss, The Information reported on Sunday, citing board director Ilya Sutskever's statement to the company's staff. The report said distraught employees "streamed out" of OpenAI headquarters in San Francisco shortly after the decision was announced internally. [1/2]Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. The appointment of Shear also means that Murati will not stay as the interim CEO, the report said. If Altman returns to OpenAI, Microsoft (MSFT.O), its biggest backer, is considering taking a role on the board, the Information reported on Sunday, citing two people familiar with the talks.

Persons: Sam Altman, Emmett Shear, Ilya Sutskever's, Altman, Sutskever, OpenAI, Amir Cohen, Rights Altman, Greg Brockman, Mira Murati, Shear, Brockman, Szymon Sidor, Sidor, Urvi Dugar, Stephanie Kelly, Nivedita Bhattacharjee, Miyoung Kim, Sam Holmes Organizations: Microsoft, Reuters, Tel Aviv University, REUTERS, Rights, Sunday, Amazon.com Inc, OpenAI, Thomson Locations: San Francisco, Tel Aviv, Israel, Bengaluru, New York

☆ Opinion | The ’23 Elections and the Abortion Effect
▼ + stars: | 2023-11-08 | by ( ) www.nytimes.com time to read: +3 min

After Tuesday’s elections, you write, “The political potency of abortion rights proved more powerful than the drag of President Biden’s approval ratings in Tuesday’s off-year elections.”What do Mr. Biden’s approval ratings have to do with abortion rights on the ballot? Andy Beshear in Kentucky highlights many reasons why President Biden needs to pass the torch. As a lifelong Democrat, I am mystified why Mr. Biden does not gracefully step aside. He won 52 percent of the vote in a red state that Mr. Biden lost by 26 points in 2020. I implore Mr. Biden to listen to the wishes of the American people and let a new leader arise.

Persons: Biden’s, Dee Baer, Matt C, Abbott, Re “ Beshear, Conservative Kentucky ”, Andy Beshear, Biden, Mr, Beshear, Donald Trump, Trump, Eric De Jonge Chevy Organizations: New York Times, Democratic, “ Voters, Republicans, Conservative Kentucky, Gov Locations: Tuesday’s, Virginia, Ohio, Dee Baer Wilmington, Del, Koltek Louisville, Abbott Lake Geneva, Wis, Conservative, Kentucky, Eric De Jonge Chevy Chase, Md, America

☆ Morningstar: These are 10 of the best stocks to buy in November, and all of them are way cheaper than they should be
▼ + stars: | 2023-11-07 | by ( Mark Reeth | ) www.businessinsider.com time to read: +2 min

It's never easy to find the best stocks to buy — particularly in today's economy. So is seeking out companies with solid fundamentals, such as strong margins, plenty of cash, and consistently rising sales and earnings. But it's still difficult to know where to look for great stock picks in today's market. She recently narrowed Morningstar's list of the best companies to own to the most undervalued handful, meaning these great stock picks are tantalizingly priced at the moment. The 10 companies that made the cut are below, along with each company's ticker, last closing price, price to fair value ratio, Morningstar's Uncertainty Rating, Morningstar's Capital Allocation Rating, and the industry the company operates in.

Persons: It's, nonfarm, it's, Margaret Giles Locations: today's

Yemen’s Houthi militia claimed an attempted attack on southern Israel on Tuesday, saying it had launched a “large batch” of ballistic and cruise missiles as well as drones toward Israeli targets. The Israeli military did not say who was behind the attacks. Last week, Abdulaziz bin Habtour, prime minister of the Houthi government, said the Houthis might attack Israeli ships in the Red Sea. Even the potential of Houthi attacks on southern Israel means that “Israel must now allocate capabilities that otherwise would have been used elsewhere,” Mr. Sobelman said. The Israeli military, in contrast, maintains high-tech air defense systems and is backed by staunch U.S. government support.

Persons: Yemen’s, Yahya Sarea, Sarea, Israel “, Israel —, ”, Ahmed Nagi, Abdulaziz bin Habtour, Farea, Yemen —, Daniel Sobelman, ” Mr, Sobelman, Nagi Organizations: U.S . Department of Defense, Lebanese, Hezbollah, Crisis, of, Chatham House’s, United Arab, Harvard Kennedy School’s, East Initiative, Iron, U.S Locations: Israel, Iran, Gaza, Palestine, Yemen, Sana, Saudi, Iraq, Red, East, North Africa, United Arab Emirates, Abu Dhabi, Eilat, Iranian, Saudi Arabia

The job market continues to confound the expectations of economists with 336,000 jobs added in September, the Labor Department reported on Friday. The unemployment rate, meanwhile, remained unchanged at 3.8%. “We expect that this era of interest rate hikes is nearing its end, likely allowing the jobs market to level out. Thursday’s report on weekly unemployment claims came in largely in line with estimates and consistent with a steady labor market. “Labor market conditions have substantially normalized from their peak tightness in early 2022,” Lydia Boussour, EY senior economist, said ahead of the jobs report’s release.

Persons: ”, Steve Rick, ” Lydia Boussour, EY, Steven Kyle, Cornell University’s Charles H Organizations: Labor Department, Federal Reserve, TruStage, ADP, Labor, Cornell University’s, Dyson, Applied Economics, Management, United Auto Workers

☆ Analysis: New trial hits Trump's image as the ultimate winner
▼ + stars: | 2023-10-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

But the fraud case in New York threatens to shred Trump’s cherished self-image as an ultimate winner. Just so you know, my financial statements are phenomenal,” Trump said before the trial opened. “They’re hitting him where it hurts,” one source told CNN’s Kaitlan Collins about Trump’s decision to attend the trial on Monday. Trump’s bluster and political showmanship are proven to work, as his huge lead in the GOP presidential primary shows. But Trump’s legal fate in this and all the other cases will not be decided on campaign trails but in courtrooms.

Persons: ” Donald Trump couldn’t, “, ” Trump, Trump, NBC’s “, spurning, ” Alina Habba, Trump’s, They’re, CNN’s Kaitlan Collins, Letitia James –, ” James, James, ”, Arthur Engoron, It’s, Eric, “ They’re, Trump’s bluster, won’t, James ’, Engoron, –, Chris Kise, ” Habba Organizations: CNN, It’s, Service, NBC’s, Force, Trump, New, Trump Organization, White, Democrat, HBO, GOP, Justice Department, Mar, titans Locations: New York, Manhattan, Iowa, Lower Manhattan, Trump, Georgia, Florida, Lago , Florida

☆ New ‘Meet the Press’ moderator Kristen Welker fails to meet the moment as Trump unleashes flurry of lies in debut interview
▼ + stars: | 2023-09-18 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

CNN —The Kristen Welker era of “Meet the Press” is off to a bleak start. Unfortunately, Welker failed spectacularly to meet the moment during her interview with Trump. Welker allowed Trump to make a number of statements wholly untethered to reality on a range of critical issues without tenacious, resolute, or meaningful pushback. It’s arguable that, at this juncture, there is really no need to interview Trump. If it is necessary to interview Trump, newsrooms need to approach the task differently than they would any other interview.

Persons: Kristen Welker, Donald Trump, Welker, hyping Welker, “, Trump, timidly, Peter Baker, ” Trump, “ Mr, ”, —, dishonestly, Trump’s, doesn’t bode Organizations: CNN, “, Press, . Television, NBC News, House, Trump, New York Times, White, NBC, Republicans, Republican Party, Republican Party of Locations: Taiwan

LONDON, Aug 2 (Reuters) - The economic picture may not have to change much for the surprise element to disappear for markets - underlining the significance of this summer's sometimes grudging admissions of investment strategy missteps. SURPRISE, SURPRISEExceptional U.S. economic surprisesU.S. surprise gaps the widest in decades, excluding pandemicAlong with market moves themselves and skewed positioning monitors, the simplest take on the unpreparedness of investors can be seen in economic surprise indices. The global surprise index is close to zero, suggesting expectations for the world economy in aggregate are actually coming in on cue. And if that happens, it may just suck the oxygen from the stellar equity outperformance over bonds to date. If true, markets may find the going harder without that element of surprise.

Persons: What's, Schroders, Johanna Kyrklund, hasn't, Kyrklund, Chris Iggo, Mike Dolan Organizations: Federal, Nasdaq, Japan's Nikkei, U.S, Graphics, AXA IM Investment, Reuters, Twitter, Thomson Locations: Europe, Japan, China, U.S

☆ U.S. announces Taiwan weapons package worth up to $345 million
▼ + stars: | 2023-07-29 | by ( ) www.cnbc.com time to read: +1 min

The United States unveiled a Taiwan weapons aid package worth up to $345 million on Friday, a move likely to anger China even as the Biden administration declined to publicly provide details on the arms in the package. Congress authorized up to $1 billion worth of Presidential Drawdown Authority weapons aid for Taiwan, which strongly rejects Chinese sovereignty claims, in the 2023 budget. Beijing has repeatedly demanded the United States, Taiwan's most important arms supplier, halt the sale of weapons to the island. Taiwan's defense ministry thanked the U.S. for its "firm security commitment," adding in a statement it will not comment on the package details due to the "tacit agreement" between the two sides. Taiwan had previously agreed to purchase four, more advanced, MQ-9B SeaGuardian drones, made by General Atomics, which are slated for delivery in 2025.

Persons: Biden, General Atomics Organizations: United, Reuters, U.S . Air Force Locations: United States, Taiwan, China, Beijing

WASHINGTON, July 28 (Reuters) - The United States unveiled a Taiwan weapons aid package worth up to $345 million on Friday, a move likely to anger China even as the Biden administration declined to publicly provide details on the arms in the package. Congress authorized up to $1 billion worth of Presidential Drawdown Authority weapons aid for Taiwan, which strongly rejects Chinese sovereignty claims, in the 2023 budget. Beijing has repeatedly demanded the United States, Taiwan's most important arms supplier, halt the sale of weapons to the island. China views democratically governed Taiwan as its territory and has increased military pressure on the island over the past three years. Earlier this month, the top U.S. general said the United States and its allies need to speed up the delivery of weapons to Taiwan in the coming years to help the island defend itself.

Persons: Biden, General Atomics, Defense Lloyd Austin, Mike Stone, Idrees Ali, Jasper Ward, Dan Whitcomb, Yimou Lee, Richard Chang, Muralikumar Organizations: United, Reuters, U.S . Air Force, Defense, Presidential, Authority, Thomson Locations: United States, Taiwan, China, Beijing, Ukraine

[1/2] European Central Bank (ECB) President Christine Lagarde speaks to the media following the Governing Council's monetary policy meeting at ECB headquarters in Frankfurt, Germany, July 27, 2023. The Bank of England is expected to raise rates again next week following similar positive inflation news. Meanwhile on Friday, the Bank of Japan opened the debate on plans to bring its ultra-loose policies to an end. The Fed's benchmark overnight interest rate now stands in the 5.25%-5.50% range, while the ECB's main rate is 3.75%. While bond markets took a cue from the faster growth, and pushed yields on Treasuries higher, the days of coordinated global tightening may be numbered.

Persons: Christine Lagarde, Kai Pfaffenbach, Jerome Powell, Powell, Lagarde, Krishna Guha, Howard Schneider, Francesco Canepa, Balazs Koranyi, Leika, Dan Burns, Paul Simao Organizations: European Central Bank, ECB, REUTERS, WASHINGTON, U.S . Federal Reserve, The Bank of England, Bank of Japan, Reuters, U.S, Graphics, Thomson Locations: Frankfurt, Germany, FRANKFURT, TOKYO, Europe, United States, Graphics New, Tokyo

☆ Let's set the table for the second half by reflecting on this year's hated bull market
▼ + stars: | 2023-07-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +18 min

You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.

Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China

☆ Deadly Fungal Infections Confound Doctors—‘It’s Going to Get Worse’
▼ + stars: | 2023-06-22 | by ( Dominique Mosbergen | ) www.wsj.com time to read: 1 min

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