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☆ What is Israel's post-invasion plan for Gaza?
▼ + stars: | 2023-10-21 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +13 min

No one knows,” Zak told CNN at a military camp not far from the Gaza border. Their unit is part of a massive buildup of Israeli troops and military material on the Gaza border. But a spokesman for the IDF told CNN on Saturday that while they try to avoid civilian casualties, they are inevitable in urban warfare. Rabbi Yitzhak, a military rabbi, has been traveling around the Gaza border, visiting troops and offering his encouragement. He and the other young men he served with have been reunited near the Gaza border, training for what’s to come next – whatever that may be.

Persons: Gaza CNN — Tal, Zak, “, ” Zak, Yoav Gallant, ”, Harel Chorev, ” Chorev, Ronaldo Schemidt, Hasan Alhasan, ” Alhasan, Peter Lerner, CNN’s Lynda Kinkade, Violeta Santos Moura, Tal, Rabbi Yitzhak, Israel, ” Tal, Ivana Kottasova, Fatah, Avi Dichter, Shin Bet, ” Dichter, ’ ”, Alhasan, overreaction, Chorev, we’ve Organizations: Gaza CNN, CNN, Israel Defense Forces, IDF, Israeli Defense, Tel Aviv University, Gaza City Metro, Middle East, International Institute for Strategic Studies, Humanitarian, Humanitarian Affairs, West Bank, Hamas, Reuters, Palestinian Authority, European Union, Israel, Israeli Security, Palestinian Locations: Gaza, Israel, Gaza City, Israeli, Kibbutz Beeri, AFP, Egypt, Jordan, Israel's, United States, Europe

☆ It’s Not Just for Throuples Anymore
▼ + stars: | 2023-10-21 | by ( Valeriya Safronova | ) www.nytimes.com time to read: +1 min

Since receiving half a million dollars from an angel investor in 2016, Feeld says that it has remained profitable without any additional external support. Recently, Feeld has also made the leap to IRL, hosting 31 in-person socials worldwide this year, with about 200 attendees at each. Feeld would not share how many active users it has or how many times the app has been downloaded. From 2021 to 2022, average weekly active users on Feeld grew by 90 percent, and the app is on track for 65 percent growth in weekly active users this year, according to the company. In that regard, Feeld is doing “exceedingly well,” said Lexi Sydow, head of insights at data.ai, a mobile data and analytics provider.

Persons: Feeld, Bumble, Grindr, Morgan Stanley, ”, Lexi Sydow, Sydow

OnePlus entered the US market for tablet-hybrid foldable phones on Thursday with the launch of the OnePlus Open, which is available to preorder now and set for release on October 26. Among other noteworthy specs, the OnePlus Open has a five-camera system and a singular slate of multitasking features. AdvertisementAdvertisementThe OnePlus Open costs $1,699 and comes with 512GB of storage. OnePlus is offering a minimum $200 off the OnePlus Open when you trade in "any phone" at "any condition" through its website. AdvertisementAdvertisementOnePlus Open: Hands-on impressionsThe OnePlus Open's exterior display presents a familiar phone experience.

Persons: OnePlus, John Lynch Organizations: Samsung, Hasselblad, Sony Locations: OnePlus

☆ Here’s How Joe Biden Can Win Again - The New York Times
▼ + stars: | 2023-10-17 | by ( Joel Benenson | ) www.nytimes.com time to read: +3 min

President Biden’s age is on the minds of American voters as they think about the 2024 election. The 2024 election is going to hinge similarly on core issues and a vision that speaks directly to the lives and hopes of voters. But this is a winnable race for the president, even if it sometimes seems his team is shielding him from the public. If Mr. Trump becomes Mr. Biden’s opponent, this task is simpler. They’re both old, so I think the question of age will become moot for a lot of voters.

Persons: Biden’s, Donald Trump’s, Barack Obama’s, Biden, Ronald Reagan, Reagan, Trump, Mitt Romney’s, Obama, Romney, that’s, Mr Organizations: Pew Research Center, Democratic, Biden Locations: America, Israel, Benghazi, Libya

☆ Hollywood insiders are bracing for M&A activity to make a comeback, as 10 experts reveal the deals they're predicting
▼ + stars: | 2023-10-17 | by ( Reed Alexander | Lucia Moses | ) www.businessinsider.com time to read: +12 min

"The unknown is hard to transact in," Sam Powers, the global head of technology, media, and telecommunications for Bank of America, told Insider. Microsoft's $69 billion acquisition of Activision , which was completed Thursday, has also put media and tech M&A back in the spotlight. "People have been holding their breath in nervous anticipation" about the idea of tech buying big media , one investor told Insider. Private-equity bets on media and Hollywood have seen mixed resultsPrivate-equity firms may have the cash to finance major media acquisitions, but they're reckoning with market volatility. Are you a Hollywood insider?

Persons: Hollywood dealmakers, Jonathan Handel, Sam Powers, Bob Iger, —, Byron Allen, Greg Doherty, Iger, Disney's, Byron Allen —, Allen, Disney, it's, Handel, It's, you've, Reese Witherspoon, Dave Kotinsky, Moonbug, Reese Witherspoon's, Jeff Zucker, Abu, Tom Staggs, Kevin Mayer, Lucia Moses, Reed Alexander Organizations: Hollywood, Puck News, Bank of America, SAG, Writers Guild of America, Disney, ESPN, Activision, Byron Allen The Weather, Wall Street shareholders, Bureau of Labor Statistics, Hulu, ABC, Nexstar Media Group, Allen Media Group, Weather, Lionsgate, Starz, Paramount, BET, Warner Bros, Games, Disney Digital Network, Maker Studios, Observers, Comcast, Paramount Global, Tech, MGM, Microsoft, Netflix, Apple, RedBird Capital Partners, RedBird IMI, Private, SP, G Global Market Intelligence, Bloomberg, Media, Apollo Global Management, Yahoo Locations: Hollywood, Blackstone, Abu Dhabi, lmoses@insider.com, ralexander@insider.com

To win, he'll need support from nearly every House Republicans, having few votes to spare in a chamber they only narrowly control. “One person says disruption," Jordan told The Associated Press in 2017. That helped him land a coaching job at Ohio State University before his election to the Ohio legislature in the mid 1990s. I never saw, never, heard of, never was told about any kind of abuse,” Jordan told Fox News in 2018, suggesting that the allegations against him were politically motivated. Jordan repeatedly cast doubt on the outcome of the contest while organizing the House Republican response.

Persons: Jim Jordan, John Boehner, he'd, Boehner, Jordan, Donald Trump, Kevin McCarthy, Jordan speakership, Liz Cheney, ” Cheney, ” Jordan, “, Bob Taft, —, Richard Strauss, Strauss, ” Adam DiSabato, DiSabato, “ Jim Jordan, “ He’s, Polly, I’m, ’ ”, Matt Huffman, Joe Biden, Biden, corruptly, Trump, Scott Perry, Bryan Cutler, Mike Pence, Cassidy Hutchinson, Mark Meadows, ” Trump, Hutchinson Organizations: WASHINGTON, —, Republican Party, Republican, Republicans, Capitol, Ohio State University, Associated Press, University of Wisconsin, GOP, Republican Gov, Caucus, Ohio State, Fox News, Congress, Trump, White, Committee, House Intelligence, ” Locations: “, Dayton, Ohio, Columbus, Congress, Washington, Russia, House, Pennsylvania

☆ Hinge Health is shooting for profitability in 2024 as the physical-therapy startup prepares for an IPO
▼ + stars: | 2023-10-16 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +1 min

Hinge Health is preparing for an initial public offering once market conditions become favorable. CEO Daniel Perez said Hinge Health projects it will hit a cash flow break-even in 2024. The digital musculoskeletal therapy startup is now looking for smaller companies to acquire. After Hinge Health raised $300 million in Series D funding in January 2021, CEO Daniel Perez told Reuters that the startup hoped to go public in 2022. That was before interest rates soared and the economy slumped and closed the IPO window for healthcare startups that planned to make their public-market debuts.

Persons: Daniel Perez, Perez Organizations: Reuters Locations: Las Vegas

“No, absolutely not,” Assembly Speaker Robin Vos said when asked at a news conference if impeachment of Justice Janet Protasiewicz was off the table. Impeachment has drawn bipartisan opposition and two former conservative Wisconsin Supreme Court justices, asked by Vos to investigate the possibility, told him in the past week it was not warranted. Protasiewicz refused to recuse from the redistricting lawsuit last week and sided with the liberal majority in accepting the lawsuit. Protasiewicz last week rejected those arguments, noting that other justices have accepted campaign cash and not recused from cases. Oral arguments before the Wisconsin Supreme Court in the redistricting challenge are set for Nov. 21.

Persons: —, Robin Vos, Janet Protasiewicz, ” Vos, Protasiewicz, Vos, haven’t Organizations: Republican, U.S, Supreme, Wisconsin Supreme, Wisconsin Democratic Party, Senate, Republicans, Associated Locations: MADISON, Wis, Wisconsin, Wisconsin’s, Associated Press

☆ Bank of America sees risks for employers as insurance coverage of weight loss drugs grows
▼ + stars: | 2023-10-11 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +4 min

The eye-popping predictions for weight loss drug sales hinge on insurance companies agreeing to provide coverage of the pricey treatments, and momentum seems to be building on that front. The drugs include Novo Nordisk's semaglutide, which is sold as Ozempic for diabetes management and as Wegovy for weight loss. Unlike earlier generations of weight loss medicines, their side effects have been largely mild and included diarrhea, constipation and nausea. Higher hospital labor costs as well as GLP-1 medications are contributing to the biggest jump in health insurance costs since 2012, Lutz said. But those numbers will grow, especially as ongoing research continues to make the case for benefits beyond blood sugar control and weight loss.

Persons: Allen Lutz, Lutz, Lutz's, Savanta, Accolade, Eli Lilly, Mercer, Willis Towers Watson, Peter Verdult, Verdult, — CNBC's Michael Bloom Organizations: Bank of America, Accolade, Novo Nordisk's semaglutide, Food, Drug Administration, Citi, Nordisk, Centers for Disease Control Locations: U.S

REUTERS/Jason Reed/File Photo Acquire Licensing RightsOct 12 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. But the tone of trading across Asian markets on Thursday may be a little more cautious than some of the headline moves on Wednesday indicate, and may also hinge on the U.S. yield curve. But ugly U.S. producer inflation data at the U.S. open on Wednesday - monthly, annual, headline and core readings were all higher than expected - was a reality check for those betting the Fed is all but done raising rates. But this flipped back again after the latest Fed minutes were released, paving the way for a late flourish on Wall Street and positive close for the three main indexes. The 'pivot' message from Fed officials this week has been pretty strong and consistent, and Governor Christopher Waller on Wednesday was the latest to beat that drum.

Persons: Jason Reed, Jamie McGeever, Christopher Waller, India's, Josie Kao Organizations: U.S . Federal, REUTERS, CPI, U.S, PPI, India's CPI, Bank, Thomson, Reuters Locations: Washington, Malaysia, Asia, Japan, U.S, Europe, India, Marrakech, Morocco

☆ Don't ask Meta's new AI dating coach your kinky sex questions
▼ + stars: | 2023-10-09 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Meta's new AI dating assistant, Carter, refuses to openly discuss sex or "explicit" acts. Meta's AI dating coach comes as dating apps seek to include AI features in their platforms. AdvertisementAdvertisementMeta's conversational AI dating coach is happy to provide daters with tips on how to flirt and kiss. Insider"Sexual topics are beyond my scope," the AI chatbot said when asked why it's uncomfortable talking about specific sexual acts. AdvertisementAdvertisementThe rise of Meta's AI dating coach comes as singles turn to generative AI tools to help them land dates.

Persons: Carter, —, chatbot, it's, Gen Z, John Gottman's, Emily Nagoski's, Meta didn't Organizations: Service

☆ Truist in talks to sell insurance business for $10 bln - Semafor
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +1 min

Oct 10 (Reuters) - Truist Financial (TFC.N) is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported on Monday, citing people familiar with the matter. Stone Point bought a 20% stake in the unit, known as Truist Insurance Holdings, in April in a deal that valued the business at $14.75 billion. When the transaction was unveiled in February, before the industry turmoil, Truist said it would continue to own 80% of the unit. The talks with Stone Point are ongoing, according to the Semafor report, which added that a deal may hinge on Stone Point's ability to scrounge up enough debt. Truist Financial declined to comment on the Semafor report, while Truist Insurance and Stone Point did not immediately respond to Reuters requests for comment.

Persons: Semafor, Truist, Shivani Tanna, Niket, Maju Samuel, Shounak Organizations: Truist, Truist Insurance Holdings, Truist Insurance, Thomson Locations: U.S, dealmaking, Bengaluru

☆ How this 77-year-old widow lost $661,000 in a common tech scam: 'I realized I had been defrauded of everything'
▼ + stars: | 2023-10-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +19 min

Older adults, many of whom have saved their entire careers for retirement, can have the most to lose. The Covid pandemic was a disproportionate threat to older adults, keeping Americans indoors and quickly pushing them online. Outcomes hinge on a complex web of federal and state rules that govern banking and elder financial fraud. Such "heightened procedures" to protect older adults are part of the bank's duty of care relative to older customers, the lawsuit said. Scammers had her wire funds from her PNC bank account to an account at the now-defunct Signature Bank in New York.

Persons: Marjorie Bloom, she'd, Bloom, Roth, Ester, Ester Bloom, Rebecca Keithley, —, they'd, I'm, Kathy Stokes, Keithley, General Merrick Garland, she'll, Marjorie Bloom Bloom, trekked, Mount, Kriangkrai, I've, There's, Sergio Flores, scammers —, Carla Sanchez, Adams, Sanchez, Banks, Marve Ann Alaimo, Porter Wright Morris, Arthur, Alaimo, Cryptocurrency, Scammers, scammers, it's, Patrick Wyman, Wyman, Al Drago Organizations: PNC Bank, Finance, CNBC, Federal Bureau of Investigation, PNC, FBI, Social, Department of Justice's, Vanguard Group, Federal, Consumer Finances, AARP, Microsoft, Department of Energy, Guaranty Corporation, U.S, North Dakota ., Everest Base, Social Security, North Bethesda Camera, PNC Bank —, District of Columbia, Bloomberg, Getty, National Consumer Law, Signature Bank, Asset Unit Locations: Chevy Chase , Maryland, U.S, Vietnam, Mount Everest, North Dakota, liquidating, Nepal, Marjorie Bloom Maryland, District, —, Maryland, PNC, New York, Cayman Islands, Washington ,

☆ Dating apps can embrace gamification of hookups
▼ + stars: | 2023-10-06 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +3 min

The dating app Tinder is shown on a mobile phone in this picture illustration taken September 1, 2020. The dating app owned by Match (MTCH.O) said last week it’s rolling out a subscription tier called “Tinder Select” that will cost $500 a month. The $12 billion company could make even more money if it approached hookups the way computer games hook users. By contrast, if a hefty 1% of Tinder’s current subscribers sign up for Tinder Select, they will pay an extra $600 million. Follow @thereallsl on XCONTEXT NEWSMatch’s dating app Tinder is launching a premium service named “Tinder Select” for $499 a month.

Persons: Akhtar Soomro, Bernard Kim, Tinder, Peter Thal Larsen, Sharon Lam, Aditya Sriwatsav Organizations: REUTERS, Reuters, Match, Apps, Tinder, Reuters Graphics Reuters, Thomson Locations: Plenty

☆ If Rep. Jim Jordan wins the race for House speaker, it could be the death knell for US aid to Ukraine
▼ + stars: | 2023-10-06 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +4 min

Ohio Rep. Jim Jordan is a top contender in the race for House speaker after Kevin McCarthy's ouster this week. AdvertisementAdvertisementThe race to replace Rep. Kevin McCarthy as speaker of the House is heating up — and US aid to Ukraine may be the biggest issue on the ballot. The top contenders for the spot are Ohio Rep. Jim Jordan and Louisiana Rep. Steve Scalise. In April 2022, 10 House Republicans voted against a bill allowing the Biden administration to more easily lend military equipment to Ukraine. The following month, 57 House Republicans voted "no" on a nearly $40 billion aid package for Ukraine.

Persons: Jim Jordan, Kevin McCarthy's, Jordan, —, Kevin McCarthy, Steve Scalise, Jordan —, Caucus —, Biden, Kevin McCarthy of, McCarthy, Matt Gaetz, Gaetz, Don Bacon, Politico Organizations: Russia, Service, Ohio, Louisiana Rep, Caucus, FOX, Republican, Kyiv, US, GOP, Republicans, GOP Rep, Kyiv ratcheted, Florida Rep, Politico Locations: Ukraine, Ohio, Kevin McCarthy of California, Kyiv, California, Russia

☆ US readies new Ukraine arms package despite tumult in Congress
▼ + stars: | 2023-10-06 | by ( Mike Stone | ) www.reuters.com time to read: +3 min

Commander of the Joint Forces of the Armed Forces of Ukraine Serhiy Nayev fires an American Browning M2 machine gun during a military exercise, amid Russia's attack on Ukraine, in Kyiv region, Ukraine September 27, 2023. Those funds have allowed the Biden administration to send Kyiv arms, supplies and munitions despite the exclusion of new Ukraine aid from a stopgap spending bill passed by the House of Representatives last weekend to prevent a government shutdown. Biden has vowed to replenish stocks of arms sent to Ukraine. The Biden administration is also considering using a State Department grant program to send Ukraine additional military aid, a U.S. official said. Democrats, who strongly support aid to Ukraine, insist that Congress will back continued assistance.

Persons: Ukraine Serhiy Nayev, Gleb Garanich, Biden, congressionally, Lockheed Martin, Kevin McCarthy, Mitch McConnell, Mike Stone, Rami Ayyub Organizations: Joint Forces of, Armed Forces, REUTERS, Rights, Pentagon, Kyiv, Republicans, Ukraine Defense Contact, of Defense, General Dynamics, State Department, U.S, Republican, Thomson Locations: Ukraine, American, Kyiv region, Brussels, U.S

☆ Morning Bid: Oil soothes but jobs dictate
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +5 min

U.S. crude oil has recoiled almost 9% this week and prices have lost almost 14% peak-to-trough since last Thursday's high above $95 per barrel. The year-on-year oil price is now falling again and tracking losses of 5%. Copper prices fell to their lowest of the year on Thursday and core commodity indexes are back at August levels. All of which sees U.S. bond yields retain an uneasy calm into the jobs numbers. Implied rates from Fed futures markets pulled back the chances of another hike in the cycle to less than 50%.

Persons: Andrew Kelly, Mike Dolan, Mary Daly, Kevin McCarthy, Donald Trump, Jim Jordan, Janet Yellen's, Christopher Waller, Toby Chopra Organizations: REUTERS, ADP, San Francisco Fed, Treasury, St, International Monetary Fund, World Bank, Tesla, Exxon Mobil, Natural Resources, Federal Reserve, Challenger, Thomson, Reuters Locations: Manhattan , New York City, U.S, Morocco, Canada

(AP) — Mississippi's gubernatorial election could hinge on turnout among Black voters, who haven't wielded political influence commensurate to their share of the state population, the Democratic nominee said Friday. At a campaign event in the 80% Black state capital of Jackson just over one month before Election Day, Brandon Presley said Black voters could help carry him to victory. Tate Reeves, who is seeking reelection, of hoping they stay home. “Black Mississippi and white Mississippi have been purposefully, strategically and with intent divided over racial lines. Black voters and lawmakers in Mississippi are overwhelmingly Democratic, while Republicans command majority support among white voters and hold supermajorities in the state Legislature.

Persons: JACKSON, — Mississippi's, haven't, Brandon Presley, Tate Reeves, “, Presley, —, Reeves, Jackson, ”, stomped, Keshun Brown, ” Brown, Rodney Hall, Trent Kelly, Gwendolyn Gray, ___ Michael Goldberg Organizations: Black, Democratic, Republican Gov, Historic District, Mississippi Delta, Jackson, Mississippi Supreme, Republicans, GOP U.S . Rep, Army, Black Republican, Reconstruction, Center for Healthcare, Associated Press, America Statehouse News Initiative, America Locations: Miss, Jackson, “ Black Mississippi, Mississippi, Jackson’s, Mississippi Delta, @mikergoldberg

“Breaking 234 years of precedent, the incumbent administration has charged President Trump for acts that lie not just within the ‘outer perimeter,’ but at the heart of his official responsibilities as President,” Trump’s lawyers wrote in the court filing. Earlier this week, Trump’s lawyers reportedly motioned to dismiss charges related to hush money payments in a New York case, where they argued that the indictment was intended to interfere with the presidential election. His lawyers also requested this week that his federal trial in Florida relating to the mishandling of classified documents be delayed until after the presidential election. The most memorable and oft-quoted line of her opinion suggested she might take a dim view of Trump’s sweeping immunity claim. The case seems likely to end up before the Supreme Court, which has a mixed track record on the issue.

Persons: Donald Trump motioned, ” Trump, Jack Smith, Trump, ”, “, Trump’s, Tanya Chutkan, ” Moreso, motioned, Chutkan, Richard Nixon’s, Gerald Ford’s Organizations: Capitol, U.S, United States Senate, National, Biden White, Trump Locations: Washington, New York, Florida

☆ German structural reforms 'are a must,' IMF chief insists
▼ + stars: | 2023-10-05 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +2 min

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), speaks to the media following talks at the Chancellery on November 29, 2022 in Berlin, Germany. "If you look at the policy decisions Germany is taking, they are around stimulating structural change. And of course, like any other country, structural reforms are a must in this more uncertain world with low gross growth prospects," Georgieva said Wednesday. The auto industry should be a particular focus for reform in Germany if the country wants to increase productivity, according to Georgieva. "For Germany, this is very visible in the need to restructure the automobile sector for this economy of tomorrow," she said.

Persons: Kristalina Georgieva, Carsten Koall, CNBC's Joumanna, Georgieva, Hans, Werner Sinn, Joachim Nagel Organizations: International Monetary Fund, Getty, Ifo Institute, CNBC Locations: Berlin, Germany, Europe, Italy, Ukraine

Emily Irwin, who works for Wells Fargo Bank, advises lottery winners on how to spend their money. She told Insider that people don't realize that winners are given very little support or guidance. First off, the lottery won't tell you whether to take the money as a lump sum or an annuity. To do this, start by assembling a trusted team of advisors, as the lottery won't provide one for you. Similarly, lottery winners shouldn't suddenly find themselves in the Olympics without proper training.

Persons: Emily Irwin, Wells, I've, overspend, you've, shouldn't, We've Organizations: Wells, Wells Fargo Bank, Wells Fargo Bank's Southern Division, Lottery Locations: Wells Fargo, Wells Fargo Bank's, United States

There was no immediate indication of who might succeed McCarthy, but the next speaker could quash more Ukraine aid before a proposal reaches the House floor if that person opposes the idea. A Ukraine "report card" by Defending Democracy Together's "Republicans for Ukraine" campaign rated the leading candidates on the strength of their support for past Ukraine aid. Representative Tom Emmer, the House Republican whip, got the highest rating, an A. 2 House Republican, has long been favored to take over as speaker after McCarthy and received one notch lower, a B. McCarthy, who got a B-minus grade, early this week denied accusations by Gaetz that he had cut "a secret deal" with Biden to allow the House to vote on Ukraine aid.

Persons: Alexander Ermochenko, Kevin McCarthy's, McCarthy, Together's, Tom Emmer, Steve Scalise, Matt Gaetz, Gaetz, Jim Jordan, Byron Donalds, McCarthy's speakership, Biden, Joe Biden, Patricia Zengerle, Cynthia Osterman Organizations: REUTERS, Rights, U.S . House, The, Republicans, Republican, Thomson Locations: Nova, Russia, Ukraine, Hola, Kherson, Russian, U.S, Kyiv, United States

☆ China won't end up like Japan - but it's headed for a 'grinding deceleration' with a narrow path to avoid stagnation, research firm says
▼ + stars: | 2023-10-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

China has only a narrow path to avoid economic stagnation, according to TS Lombard. Stimulus from the government can offset weak investment and low consumption, but only partially. "We define Sinification as a grinding deceleration in activity led by falling property investment and weak consumption," he later added. That's well-below the double-digit growth rate China has seen for much of the past 20 years -- but still better than the 1% growth rate Japan saw in the 90s. AdvertisementAdvertisementOther forecasters have cast similar warnings over China's economy, seeing only slim chances the nation can avoid a difficult economic slowdown.

Persons: —, Rory Green, Green, That's, Morgan Stanley Organizations: TS Lombard, Service, United Locations: China, Japan's, United Nations, Japan

☆ US Aid to Ukraine May Hinge Partly on Who Takes Over as House Speaker
▼ + stars: | 2023-10-03 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

Persons: Patricia Zengerle WASHINGTON, Kevin McCarthy's, McCarthy, Together's, Tom Emmer, Steve Scalise, Matt Gaetz, Gaetz, Jim Jordan, Byron Donalds, McCarthy's speakership, Biden, Joe Biden, Patricia Zengerle, Cynthia Osterman Organizations: U.S . House, The, Republicans, Republican Locations: U.S, Ukraine, Kyiv, United States

Donald Trump's ex-accountant spent three hours recognizing documents on Tuesday. AdvertisementAdvertisementThe New York attorney general and Donald Trump's lawyers used dynamic visuals and bombastic language to savage one another in court on Monday. Come Tuesday morning, the state found itself having to spend three hours asking Trump's former accountant Donald Bender to authenticate documents. He'd ask Bender if he recognized the signature of Trump Organization executive Allen Weisselberg, which was helpfully labeled "Allen Weisselberg," and that of Donald Trump Jr., helpfully labeled "Donald Trump Jr."AdvertisementAdvertisementBender, with his eye for detail, always did. James is hoping the trial brings $250 million in penalties and that Trump and his adult sons are banned from ever running a business in New York state again.

Persons: Donald Trump's, Donald Bender's, Trump, —, Donald Bender, Bender, Bender —, Allen Weisselberg, Donald Trump Jr, Arthur Engoron, Engoron, Letitia James, Alina Habba, Habba, Chris Kise —, James Organizations: Service, Trump Organization, New York, Trump Locations: York, New York

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