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☆ ‘Attenzione, pickpocket!’: The woman who went viral fighting crime on the streets of Venice
▼ + stars: | 2024-12-12 | by ( Julia Buckley | ) edition.cnn.com time to read: +16 min

“Attenzione — ladri, carteristas!” (She makes her announcements in Italian, English and Spanish to alert as many tourists as possible.) But it’s by seeing her at work in Venice that you really calibrate her impact. Spiraling petty crime@cittadininondistrattiFor all their fun, Poli’s videos — currently she has 461 up on Instagram — have spotlit a spiraling problem of petty crime in Italy. Thefts on trains across the country were up 21% — but thefts on trains in Venice were up by a whopping 38.8%. And that means that Venice, whose estimated 30 million annual visitors dwarf the under-50,000 local population, has become a honeypot for petty crime.

Persons: Monica Poli, “, Alessandro Lavardato, ”, Titian, Tintoretto —, —, Ron DeSantis, she’s, Monica ”, Poli, pickpockets, Il Gazzettino, there’s, Vincenzo Senatore, Andrea Merola, Poli —, they’ll, Il, Senatore “, ’ Poli, Julia Buckley, CNN Poli, pickpocketing, there’s Poli, ” Poli, She’s, Manuel Silvestri, sanguine, Poli isn’t, Franco Dei Rossi, Sempre, CNN It’s, Matteo Salvini, Antonio Incandela, Stefano Mazzola, Europol, TikTok, Monica Poli's, ‘ They’ll, it’s Organizations: Venice CNN —, Florida, Italian Interior Ministry, Giambrone, Bloomberg, Getty, Ministry, CNN, Cittadini, ” Poli isn’t, Piazza San Marco, Poli, Poli ., Lega —, Roma, European Union Agency for Law, Cooperation, YouTube, New York Times Locations: Venice, Poli, Instagram, Italy, Italian, London, alleyways, Gotham City, “, Piazza San, downcast, Europe, Barcelona, Paris

☆ Is the vibecession about to end?
▼ + stars: | 2024-11-29 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Optimism surged post-2016 election, with small businesses planning to hire more employees. Yes, that's a portmanteau of vibes and expansion, and it's the upbeat version of its better-known cousin, the vibecession. Advertisement"Small business owners lean Republican," said Oliver Allen, a senior US economist at Pantheon Macroeconomics, in a November 12 note. Goldman Sachs"After Donald Trump was elected the 45th President in November 2016, the National Federation of Independent Businesses (NFIB) small business optimism index skyrocketed. "We expect an improving small business operating environment will boost the sentiment and spending of SMBs in 2025 and lift the earnings and valuation of stocks with revenues tied to that spending."

Persons: Kyla Scanlon, National Bureau of Economic Research hasn't, there's, Donald Trump's, Oliver Allen, Goldman Sachs, Donald Trump, David Kostin, they're, Daniel Zhao, Louis, Zhao Organizations: National Bureau of Economic Research, Pantheon, National Federation of Independent Businesses, Chief US, Economics, Workers, Glassdoor, Louis Fed Locations: St

☆ Afghan girl who encouraged others to sing wins children’s peace prize
▼ + stars: | 2024-11-19 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +3 min

Nila Ibrahimi won the International Children’s Peace Prize on Tuesday, an award that has recognized luminaries including climate activist Greta Thunberg and girls’ education campaigner Malala Yousafzai. Afghan women prepare almonds at a factory on the outskirts of Aybak in Samangan Province on September 9, 2024. She co-founded “Her Story,” which encourages Afghan girls to share their stories, spotlighting the voices of those still in Afghanistan. Teenage girls and women are not allowed to study or work and can only leave the house with a male relative. “Human rights are protected in Afghanistan and no one is discriminated,” said spokesman Hamdullah Fitrat Fitrat.

Persons: Nila Ibrahimi, Greta Thunberg, Malala Yousafzai, Ibrahimi, ”, Canada Ibrahimi, ” Ibrahimi, Richard Bennett, ” Bennett, Afghanistan’s, Hamdullah Fitrat Organizations: CNN, Getty, Foundation, Geneva, Human Rights, United Nations, UN, Women, Taliban Locations: ”, Afghanistan, Kabul, Aybak, Samangan Province, AFP, Canada, Pakistan, Germany, Australia, Netherlands

The United States was sending more troops to Vietnam, and Mr. Hunter had recently found out he was one of them. During the session in her apartment, Ms. Neel outlined Mr. Hunter’s body, his hands, his legs and the chair on the five-foot-tall canvas. Mr. Als views these gestural marks outlining his legs, his jacket, his hand as a kind of memory of Mr. Hunter. But they could not locate Mr. Hunter or firmly establish his fate, only that he probably did not die in the Vietnam War. And she saved it and loved that painting as much as any.”The painting was kind of a bittersweet breakthrough for Ms. Neel, Ms. Baum said.

Persons: Alice Neel, Ms, Neel, “, ”, Johnny Carson, Hartley, Ginny, Elizabeth, Hugh Hurd, ” Hartley, Ginny’s, Hilton Als, Neel’s, James Hunter, Hunter, Mr, Als, Hunter isn’t, Hunter didn’t, Kelly Baum, ” Ms, Baum, Alice Organizations: Puerto Ricans, Metropolitan Museum of Art, Whitney Museum Locations: Puerto, Los Angeles, United States, Vietnam, Spanish Harlem

☆ Bloomberg's chief economist shares why there's a 70% chance the US economy is recession-bound — and warns a stock-market sell-off could sink consumer spending
▼ + stars: | 2024-09-24 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Read previewThere's a 70% chance the US economy is either in a recession or headed toward one in the months ahead, according to Bloomberg Economics Chief US Economist Anna Wong. The one that stands out most to Wong is the much-talked-about sustained rise in the unemployment rate. "Initially, in all the recessions, this is how the unemployment rate tends to rise," she said. Another key metric economists watch to judge whether the economy is in recession is consumer spending, which makes up around two-thirds of GDP in the US. LendingTreeWong believes wealthier Americans are spending due to the wealth effect, where high asset prices boost consumer confidence and fuel spending.

Persons: —, Anna Wong, Wong, Louis Fed, Louis Fed Wong, LendingTree Wong Organizations: Service, Bloomberg Economics, Business, Fed Locations: St

☆ 2 recession indicators with perfect track records show the US just entered a downturn — opening the door for stocks to plummet as the Fed gets set to cut rates
▼ + stars: | 2024-08-03 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

AdvertisementSt. Louis FedDespite the Sahm Rule's impressive history, it is sometimes criticized because it fails to account for rising labor participation, which can raise the unemployment rate. In addition to downcast labor market data, the ISM Manufacturing Index fell further into contraction territory this week, signaling that US manufacturing continues to slow. The market's direction also depends on how investors interpret interest rate cuts alongside future data. Fed funds rate futures markets are now pricing in a 50-basis-point cut in September, according to the CME FedWatch Tool. AdvertisementHartnett and his team analyzed Fed rate-cutting cycles and identified three different types of rate cuts — cuts into a soft landing, cuts into a hard landing, and panic cuts, which are due to a credit event or some sort of Wall Street crisis.

Persons: —, Claudia Sahm —, Louis Fed, Piper Sandler, Tom Essaye, Jack McIntyre, Lara Castleton, Janus Henderson, Michael Kantrowitz, we've, Kantrowitz, Michael Hartnett, Hartnett Organizations: Service, Bureau of Labor Statistics, Business, Labor, Brandywine Global, ISM, Nasdaq, Fed, Janus, Janus Henderson Investors, Bank of America, Fund

☆ Taylor Fritz: American rallies from two sets down to beat world No. 4 Alex Zverev before post-match exchange at net
▼ + stars: | 2024-07-09 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +2 min

CNN —Taylor Fritz advanced to the Wimbledon quarterfinals with a gripping comeback win from two sets down – 4-6 6-7(4) 6-4 7-6(3) 6-3 – against Alex Zverev on Monday. After two sets, the match was firmly in world No. Henry Nicholls/AFP/Getty ImagesFollowing the match, Zverev and Fritz had a long exchange at the net where the German made his feelings clear about some of the members in Fritz’s box. “At the net, it’s no big deal,” Fritz added, confirming that Zverev felt annoyed at some people in his box being loud. Fritz now faces Italian Lorenzo Musetti in the quarterfinals following his four-set win against France’s Giovanni Mpetshi Perricard.

Persons: CNN — Taylor Fritz, Alex Zverev, Fritz, ” Fritz, Zverev, ‘, ” Zverev, Henry Nicholls, “, Susan Mullane, Lorenzo Musetti, France’s Giovanni Mpetshi Perricard Organizations: CNN, Wimbledon, Reuters Locations: AFP, Fritz’s

☆ Euro 2024 day 22: Goodbye to Ronaldo and Kroos as Spain and France set up semi-final
▼ + stars: | 2024-07-05 | by ( The Athletic Uk Staff | ) www.nytimes.com time to read: +9 min

Euro 2024 has its first pair of semi-finalists. GO DEEPER Toni Kroos was at the top of his game at Euro 2024 - so why is he retiring? France had also lost their previous three penalty shootouts in major tournaments, not winning one since the 1998 World Cup. And he did, sending Costa the wrong way to keep France’s Euro 2024 dream alive. every one bar their final group game) Ronaldo played every second.

Persons: Mikel Merino’s, there’s, Joao Felix, Cristiano Ronaldo, Toni Kroos, Florian Wirtz’s, Merino, Jaime Reina, Qian, Kroos, Sebastian Stafford, Dermot Corrigan Spain’s, Luis de la, Mikel Merino's, Li, bea, kee, tim, Ron, dre, Amy Law, sid e Organizations: England, Getty, Champions League, Real Madrid, Bloor, Croatia, Albania, Georgia, pla Locations: Spain, Germany, Portugal, France, Denmark, Italy, SPAIN, ste, goa

☆ Trump Is Guilty on All Counts
▼ + stars: | 2024-05-30 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

Donald Trump was convicted today of falsifying records to cover up a sex scandal that threatened to derail his 2016 presidential campaign. He is the first American president to be declared a felon. After two days of deliberations, a jury of 12 New Yorkers found the former president guilty of all 34 felony charges. Trump did not visibly respond to the verdict, my colleague Jonah Bromwich reported from the courtroom. “The real verdict is going to be Nov. 5, by the people,” Trump said.

Persons: Donald Trump, Trump, Jonah Bromwich, ” Trump Organizations: Yorkers, White Locations: American, Manhattan

☆ Pompeii: Stunning frescoes of mythological characters uncovered at archeological site
▼ + stars: | 2024-04-11 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

CNN —Ancient Romans were enjoying more than just the food during their feasts, a new discovery at the archaeological site of Pompeii has shown. Archaeologists working at the world-famous site have uncovered a banqueting hall with black-painted walls covered with frescoes of mythological characters associated with the Trojan War. The ornately decorated room provided an elegant setting for entertainment or conversation during banquets, the Archaeological Park of Pompeii, which oversees the site, said. The elaborate dining room provided an elegant setting for entertainment, according to the Archaeological Park of Pompeii. Archaeological Park of PompeiiAnother shows a downcast Cassandra, daughter of Priam, with the god Apollo.

Persons: ” Gabriel Zuchtriegel, “, ”, Helen, Paris, Priam, “ Alexandros, Menelaus, Helen of Troy, Cassandra Organizations: CNN Locations: Paris, Troy, Roman, Pompeii, Vesuvius

George Santos, the New York Republican congressman whose tapestry of lies and schemes made him a figure of national ridicule and the subject of a 23-count federal indictment, was expelled from the House on Friday after a decisive bipartisan vote by his peers. The move consigned Mr. Santos, who over the course of his short political career invented ties to the Holocaust, Sept. 11 and the Pulse nightclub shooting in Orlando, to a genuine place in history: He is the first person to be expelled from the House without first being convicted of a federal crime or supporting the Confederacy. Speaker Mike Johnson of Louisiana announced the tally to a hushed House chamber: The measure, which required a two-thirds majority, passed with 311 lawmakers in favor of expulsion, including 105 Republicans, and 114 against. Two members voted present. “The new whole number of the House is 434,” a downcast Mr. Johnson announced, confirming that with Mr. Santos’s ouster, the already paper-thin margin of Republican control had shrunk to three votes.

Persons: George Santos, Santos, Mike Johnson, Johnson, Santos’s Organizations: New York Republican Locations: Orlando, Louisiana

☆ United manager Ten Hag says derby loss one of most disappointing days of his tenure
▼ + stars: | 2023-10-29 | by ( Lori Ewing | ) www.reuters.com time to read: +2 min

MANCHESTER, England, Oct 29 (Reuters) - In what is turning into a miserable season for Manchester United, manager Erik ten Hag said Sunday's 3-0 demolition by local rivals Manchester City at Old Trafford was one of the most disappointing days in his tenure with the team. Asked if Sunday was one of his worst days in the job, the downcast manager told reporters: "Yes. "When you lose a derby in the way we lose is disappointing. First half we had a very good game plan and the execution was very good and then the penalty changed the moment." Former Manchester United defender Gary Neville called United's loss "appalling" on Sky Sports.

Persons: Erik ten Hag, Erling Haaland, Phil Foden, United, Scott McTominay's, Ederson, Pep Guardiola, Guardiola, Gary Neville, Roy Keane, they've, Lori Ewing, Clare Fallon Organizations: Manchester United, Manchester City, United, League, Manchester, City, Premier League, Old, Former Manchester United, Sky Sports, Thomson Locations: MANCHESTER, England, Old Trafford, Copenhagen

MEXICO CITY (AP) — A Mexican mother bravely shielded her son after a bear leapt on a picnic table and devoured the tacos and enchiladas meant for the boy’s birthday dinner, inches from his face. Silvia Macías of Mexico City had traveled to the Chipinque Park on the outskirts of the northern city of Monterrey to celebrate the 15th birthday of her son, Santiago, who has Down syndrome. Soon after they sat down to eat the food they had brought, the bear showed up and gulped down french fries, enchiladas, tacos and salsa. “The worst thing was that Santiago might get scared," Macías recalled Tuesday in an interview with The Associated Press. I was afraid that if he got scared or screamed or scared the bear, that the bear would react,” she said of the incident Monday.

Persons: Silvia Macías, Santiago, Angela Chapa, Macías, “ Santiago, ”, Chapa, Angela, tacos, doesn't, “ Organizations: MEXICO CITY, Associated Press Locations: MEXICO, Mexican, Mexico City, Monterrey, Santiago

☆ ‘So Much Suffering:’ What Migrant Children Carry to New York
▼ + stars: | 2023-09-16 | by ( Ginia Bellafante | More About Ginia Bellafante | ) www.nytimes.com time to read: +2 min

Of the more than 110,000 asylum seekers who have recently landed in New York City, 20,000 are children now enrolled in public schools, facing challenges both familiar to any kid who has moved away and towering in their emotional complexity. More than 8,600 children in the city lost a parent to Covid. In response to these and other troubling statistics, the Adams administration released a mental health plan last March with a focus on children and teenagers and the goal of expanding clinical services in schools. The migrant crisis has been imagined largely in terms of the housing emergencies that have flowed from it. “We are seeing the highest level of mental health need we have ever seen, in our city, in our clinic, in our country,” Alan Shapiro told me recently.

Persons: Eric Adams’s, Adams, ” Alan Shapiro Organizations: Department of Health, RAND Locations: New York City, ”, York

☆ Opinion | Life After Loss Is Awful. I Need to Believe It’s Also Beautiful.
▼ + stars: | 2023-08-25 | by ( Sarah Wildman | ) www.nytimes.com time to read: +3 min

When I interviewed the French author Anne Berest some weeks ago I told her I did not have one child, but two; one was gone. “Why are you sorry,” she said, looking directly at me. “But I breastfed her.”I try to reorient myself walking each morning. The adults were loath to turn back to the apartment, basking in company long denied. The light is soft, it is beautiful here, there is a breeze.

Persons: Anne Berest, I’m, ”, Orli, Hana Locations: Paris

☆ Women's World Cup: Australia dared to dream of World Cup glory, then it all slipped away
▼ + stars: | 2023-08-16 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +6 min

Sydney, Australia CNN —A long, emotional day for Australian soccer fans turned into an even longer trip home when severe delays stranded thousands on train platforms at Stadium Australia after the nation’s disappointing 3-1 loss to England in the World Cup semifinal. After the match, a downcast Sam Kerr – Australia’s talismanic superstar and captain – told reporters she was lost for words. I can’t blame it all on myself, but it’s hard not to feel bad right now,” she said. “I think they played incredibly,” Skye Marshall told CNN, as she stood outside Stadium Australia with her family after the match. The day before, the Matildas will look to salve the pain somewhat and take on Sweden for third place.

Persons: Sam Kerr –, –, ”, Skye Marshall, “ They’ve, “, Harold Marshall, Lucy, Davara, Harold, Ayva Marshall, Hilary Whiteman, Anthony Albanese, Penny Wong, ” Wong, Cathy Freeman, ’, Sam Kerr’s, Kerr, Millie Bright, “ We’re, England's Alessia Russo, Asanka Brendon Ratnayake, Jennie Gannaway, Christopher, they’d, Gannaway, I’ve, Mariela Pocklington, Steph Catley, “ We’ve, We’re Organizations: Australia CNN, Australia, England, CNN, Sweden, Foreign, Twitter, Chelsea, Sydney, New Locations: Sydney, Australia, England, Skye, Newcastle, New South Wales, Spain, Sweden

☆ The strange, improbable rise of Mark Zuckerberg 3.0
▼ + stars: | 2023-07-30 | by ( Kali Hays | ) www.businessinsider.com time to read: +27 min

In early July, Mark Zuckerberg unveiled the latest and perhaps most consequential product in Meta's history: a new model of Mark Zuckerberg. Silicon Valley Zuck was a husband and father with a legacy to build and protect at all costs. Silicon Valley Zuck was suddenly faced with something he'd never dealt with before, shrinking revenue. Still clinging to his persona as Silicon Valley Zuck, Zuckerberg engaged in an all-out media blitz to hawk his vision for the metaverse. They were the sort of people Harvard Zuck would have scoffed at and Silicon Valley Zuck would have gently ignored.

Persons: Mark Zuckerberg, Elon Musk, Joe Rogan, Zuckerberg, Clark Kent, TikTok, Sheryl Sandberg, Mike Schroepfer, Wall, McKinsey Zuck, Rogan, Meta, Harvard Zuck, —, Priscilla Chan, Ray's, pullover, Harvard Zuck —, Dianna, Mick, McDougall, Paul Sakuma, Zuckerberg's, Apple, Facebook, he'd, That's, Frances Haugen, Chris Cox, Zuck, Zach Gibson, Meta's, Sandberg, Marne Levine, who'd, Javier Olivan, he's, bode, Bain, Maher Saba, Lori Goler, He's, He'd, Katie Harbath, it's, Andrew Bosworth, Bosworth, Mark Zuckerberg McKinsey Zuck, Mark Shmulik, Bernstein, Augustus, Julius Caesar, Kali Hays Organizations: Meta, Menlo, Harvard, Apple, McKinsey, Business, Facebook, Cambridge, Capitol, Labs, Menlo Park, Q, Bain & Company, Reality Labs, Wall, Mark Zuckerberg McKinsey, Phillips Exeter Academy, Tech, Twitter Locations: California, Hawaii, United States, Davos, Silicon, contrition, Meta, verbiage, Harvard, Rome

☆ 7 New Songs You Should Hear Now
▼ + stars: | 2023-06-06 | by ( ) www.nytimes.com time to read: +3 min

Silvana Estrada: “Milagro y Desastre”I always appreciate Jon Pareles keeping an ear out for new artists from a vast variety of cultures and musical traditions. Usually known for her sparse, guitar-driven folk songs, “Milagro y Desastre” — miracle and disaster — is something new for Estrada: a song composed largely with looped, layered fragments of her own voice. (See also: her recent, charming cover of Suzanne Vega’s “Tom’s Diner.”) The cooed, percussive notes that provide the song’s rhythmic backbone remind me a bit of Laurie Anderson’s “O Superman,” but Estrada’s impassioned singing and distinct ear for melody ultimately take “Milagro y Desastre” somewhere unique. Rob Moose featuring Phoebe Bridgers: “Wasted”What a name: Rob Moose. Blur: “The Narcissist”Regular Amplifier readers will know about this one already — in its honor, I composed an entire newsletter featuring some of my favorite Blur songs.

Persons: Anohni, —, ” Anohni, Silvana Estrada, “, Jon Pareles, Suzanne Vega’s, Laurie Anderson’s “, Rob Moose, Phoebe Bridgers, Bon Iver, Brittany Howard, Moose, Bridgers, Damon Albarn’s, Graham Coxon’s, Miya, Miya Folick’s, “ Roach Organizations: Spotify, Johnsons, YouTube, Estrada, British Locations: Mexican, Angeles

☆ Stingy European savers will help the ECB, not LVMH
▼ + stars: | 2023-06-06 | by ( Francesco Guerrera | ) www.reuters.com time to read: +7 min

LONDON, June 6 (Reuters Breakingviews) - Pandemic-era lockdowns and government stimulus have left euro zone citizens with 1 trillion euros in extra savings. That will leave consumer goods giants like $445 billion LVMH (LVMH.PA) downcast, but the European Central Bank pretty pleased. Euro zone citizens put as much as 1 trillion euros – or 8% of GDP – in their piggy banks since the health emergency, according to Oxford Economics’ estimates. Finally, euro zone savers have been favouring the higher returns offered by illiquid assets instead of sticking with easily accessible cash. These investments account for 33% of euro zone citizens’ total financial assets, compared to 30% before the pandemic.

Persons: can’t, –, lockdowns, Christine Lagarde, George Hay, Oliver Taslic Organizations: Reuters, European Central Bank, Oxford Economics, White House, –, Federal Reserve Bank of San, San Francisco Fed, Walmart, United Airlines, American Airlines, U.S, U.S . Federal, Allianz, BMW, stingy, Thomson Locations: U.S, Ukraine, Federal Reserve Bank of San Francisco, U.S ., Europe, Germany, France, Italy, Spain, That’s, Asia

☆ Foo Fighters Are Shaken Yet Still Standing on ‘But Here We Are’
▼ + stars: | 2023-06-02 | by ( Lindsay Zoladz | ) www.nytimes.com time to read: +2 min

“But Here We Are” has a back-to-basics immediacy and intensity that was missing from the last few Foo Fighters albums. (As a companion piece, they also released a cheeky collection of Bee Gees covers.) The undercurrent holding all of “But Here We Are” together is not an idea so much as raw emotion. Grohl’s melodies are as soaring and anthemic as they’ve sounded in years; his vocals are freshly impassioned and heartfelt. The towering title track layers intricate guitar work atop skittering percussion before a chorus comes along and sweeps everything into a tidal wave of sound.

Persons: Grohl, ”, “, ” Grohl, Violet, Hawkins Organizations: Foo, “, Bee Gees, Highways, Roswell Records, RCA

☆ ‘Past Lives’ Review: Longing for a Future
▼ + stars: | 2023-06-01 | by ( Manohla Dargis | ) www.nytimes.com time to read: +2 min

“Past Lives” is a wistful what-if story about two people, the children they were and the adults they become. The movie follows them through the years and across assorted reunions, separations and continents as well as milestones momentous and ordinary. “Past Lives” centers on Nora (played as an adult by a terrific and subtle Greta Lee) and a boy named Hae Sung (Teo Yoo), though mostly it’s about her. They’re charming — they’re children — and close. Hae Sung comforts her because he’s a nice boy; he will become a nice man, but by then she will be long gone.

Persons: Nora, Greta Lee, Hae Sung, Teo Yoo, —, “, ” Nora, ”, He’s, Celine Song, Jacques Rivette’s, Julie Go Organizations: Korean Locations: Seoul, American, Canada, Nora’s

☆ Bitcoin mining stocks rally as network congestion stirs hopes for higher fees ahead
▼ + stars: | 2023-05-10 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin's price action has been relatively tame lately, but bitcoin-related stocks are on the rise this week as miners benefit from recent congestion on the network. Transaction fees spiked to at least $40, compared with their normal fees of between $1 and $5. Here's what investors need to know The revenue of bitcoin miners spiked to a one-year high of $41.6 million on Monday, according to CryptoQuant. "The transaction fees that are paid to miners have grown and that's healthy for the long-term viability of security of Bitcoin." On Wednesday, publicly traded bitcoin miners Riot Platform and Marathon Digital gained 6% and 9%, respectively.

CNBC Pro used FactSet data to scan the stock market to find the biggest winners of the week — and then looked to find out where Wall Street thinks these stocks are headed in coming months. One name that stuck out on the list was once-troubled regional bank PacWest Bancorp , which jumped almost 12% this week as of Friday morning. Wall Street believes shares have 55% upside, according to the consensus 12-month price target set by analysts. PacWest shares had a strong week after regional banking peer Western Alliance Bancorp posted quarterly adjusted earnings, according to FactSet. BJ's Restaurants ' stock rose 9.2% this week after Wedbush Securities upgraded shares to outperform from neutral.

It will change the landscape of banking in Switzerland, where branches of Credit Suisse and UBS are dotted everywhere, sometimes just metres apart. The Credit Suisse rescue, orchestrated with public money, shows banks' continued vulnerability and how their problems can quickly rebound on their home country. But it also removes a competitor to Wall Street, with UBS planning to pare back much of Credit Suisse’s investment bank. During the great financial crash, it was UBS and not Credit Suisse that needed state support. UBS earned $7.6 billion in profit in 2022, while Credit Suisse lost $7.9 billion.

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