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☆ TSA’s 2024 canine calendar will melt your travelin’ heart
▼ + stars: | 2023-11-27 | by ( Forrest Brown | ) edition.cnn.com time to read: +1 min

CNN —It’s not often that the words “TSA” and “adorable” come together in the same sentence. But those two words are a natural pairing when it comes the Transportation Security Administration’s annual canine calendar. The agency announced its 2024 version on X (formerly Twitter) on Monday – and let’s just say these safety-minded, hard-working pooches are positively precious. She was “one of several TSA canines who worked at Super Bowl LVII in Phoenix” back in February, according to a TSA news release. Actually, there’s more than year’s worth of dogs as the calendar offers up a few bonus canines at the end.

Persons: CNN — It’s, let’s, Dina, Shorthaired Pointer, Harry Reid, Gina, factoids Organizations: CNN, TSA, Transportation Security, Harry, Harry Reid International, Phoenix ”, LaGuardia Locations: United States, Las Vegas, Phoenix, New York

☆ Donating to Doctors Without Borders can offer tax advantages and help provide life-saving medical care. Here's how.
▼ + stars: | 2023-11-27 | by ( Sponsor Post | Created Doctors Without Borders | ) www.businessinsider.com time to read: +5 min

With the end of the year fast approaching, we want to spotlight a few alternative ways to support Doctors Without Borders' work that may align with your financial and philanthropic goals. Many alternative gift types offer tax advantages or other financial benefits, and they can serve as long-term investments in Doctors Without Borders' work. Charitable gift annuities: If you're 65 or older and prepared to give $10,000 or more, a charitable gift annuity can provide income for one or two people via fixed payments for their lifetimes. At the end of the contract, any funds leftover will be used to continue Doctors Without Borders' life-saving work. You can learn more about creating a legacy with Doctors Without Borders and request our legacy giving brochure by completing our form.

Persons: Donor, you've Organizations: Democratic, Fund, DAF, Insider Studios Locations: Central America, Haiti, Yemen, Democratic Republic of Congo, Sudan

Joseph Ataman/CNNAfter many foreign workers fled Israel following the October 7 attacks, farmers were forced to abandon crops or rely on volunteers for the harvest. Inbar’s remaining foreign workers quietly motor up and down the rows of zucchini. Hamas fighters torched the barns holding hay for the dairy cows on Kibbutz Alumim, riding unopposed into the settlement before massacring foreign workers and attendees of the nearby Nova music festival. “The foreign workers run the farm, they do all the milking,” farm manager Stevie Marcus said of the working of the farm before October 7. Joseph Ataman/CNNStanding among Inbar’s zucchini, tech worker Avi Leibovich - volunteering on a day off from his day job - said he came to help Israeli farms survive.

Persons: Thais, Nattaphong Duangchan, Matan, Yosi, Joseph Ataman, Avi Dichter, ”, Lior Simcha, Stevie Marcus, Yosi Inbar, it’s, Benjamin Netanyahu, Inbar, “ We’re, Lisa Perlman, Inbar’s, Avi Leibovich, Danny Parizada, hadn’t, Mei –, Mei, “ Organizations: CNN, Hamas, Palestinian, West Bank, Milk Producers Association, United Nations Office, Humanitarian Affairs, of Housing, Brothers, Sisters, Volunteers Locations: Thai, Israel, Gaza, Hamas, Thailand, Thailand’s, Sri Lanka, Israel’s, Egypt, United States, Nova, Kibbutz Alumim, Gaza City, Tel Aviv

☆ Can Men’s Leather Pants Ever Be Stylish? A (Very Skeptical) Writer Investigates
▼ + stars: | 2023-11-24 | by ( Charlie Teasdale | ) www.wsj.com time to read: 1 min

IN NEWS sure to leave biker gangs uncharacteristically tearful, leather pants are threatening to go bougie. Long a bad-boy symbol, hide trousers have been transformed by high fashion this fall. They’re being proposed as a suave, sensual and comfortable alternative to chinos, cargo pants and tailored trousers. Some feature high waists to elongate legs or pleats to conjure old-school élan worthy of Cary Grant. Nick Paget, senior menswear strategist at trend forecasting firm WGSN, attributes the leather look to a post-Covid desire for sensual dressing.

Persons: Long, Tod’s, Rocker, They’re, Cary Grant, Nick Paget, lockdowns, “, ” Organizations: Givenchy, Metallica

☆ America’s Nonprofit Theaters Are Finding Ways to Thrive
▼ + stars: | 2023-11-22 | by ( Rachel Shteir | ) www.wsj.com time to read: +1 min

“The Fabulous Invalid” is the title of a 1938 George S. Kaufman and Moss Hart comedy about a theater’s struggles to survive. The phrase, which outlasted the show, refers to the resilience of theater in the face of insane odds. Since the pandemic ended, dozens of theaters across the country have closed; many others have laid off staff or cut down their seasons. Data collected by Theater Communications Group shows that 60% of the country’s nonprofit theaters are predicting deficits this year, compared with 10% in 2021. The reasons for the crisis are numerous: competition for audiences from streaming and phones; corporate philanthropy’s pivot away from the arts; crime driving audiences away from downtown districts; didactic plays that alienate audiences.

Persons: George S, Kaufman, Moss Hart, ” William J, Baumol, William G, Bowen Organizations: Theater Communications Group, Performing Arts Locations: America

☆ Argentina Is a Textbook Case of ‘Fiscal Dominance’
▼ + stars: | 2023-11-22 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Argentina’s president-elect has promised to end inflation by replacing the peso with the dollar and abolishing the central bank. Photo: Erica Canepa/Bloomberg NewsArgentina is the bedtime horror story that other economies use to scare each other. Long after other emerging markets had internalized fiscal and monetary rectitude, Argentina has continued to lurch from default to hyperinflation and back. So other countries may be tempted to conclude there is nothing to learn from the economic catastrophe that swept the radical populist Javier Milei to victory in this past weekend’s presidential election.

Persons: Erica Canepa, Javier Milei Organizations: Bloomberg, Argentina Locations: Argentina

LAS VEGAS (AP) — Las Vegas hotel union workers voted overwhelmingly Monday to approve their contract agreement with casino giant Caesars Entertainment, signaling an end to lengthy labor disputes that had brought the threat of a historic strike to the Strip. The Culinary Workers Union announced on X, the platform formerly known as Twitter, that 99% of the vote favored the new five-year deal. The breakthrough deals were tentatively reached earlier this month, just hours before the union had threatened a massive walkout at 18 hotel-casinos on the Strip, including Bellagio, Paris Las Vegas, MGM Grand and Caesars Palace. By the end of the contract, Pappageorge said, union workers will be earning on average $35 hourly, including benefits. Union workers currently make about $26 hourly with benefits.

Persons: Ted Pappageorge, Pappageorge, —, Long Organizations: LAS VEGAS, Caesars Entertainment, Culinary Workers Union, BEST, Wynn Resorts, MGM Resorts International, Paris Las Vegas, MGM Grand, Caesars, MGM Resorts, Union, ”, MGM Grand Detroit Locations: Las Vegas, Bellagio, Paris Las, Casino, Nevada, Hollywood

The country's canned seafood industry is moving well beyond tuna sandwiches, a pandemic-era trend that began with Americans in lockdown demanding more of their cupboard staples. U.S. canned seafood industry sales have grown from $2.3 billion in 2018 to more than $2.7 billion so far this year, according to market research firm Circana. “I was eating the same canned fish that my great grandmother Rose in Brooklyn was eating in the 1930s," she said. “I thought that was just insane.”Her company, Fishwife Tinned Seafood Co., set out to offer high-quality, sustainably sourced seafood. “Our mission is really to just galvanize the canned fish industry and transform and make it what we think it can be,” Millstein said, adding that means offering much more “than tuna fish sandwiches."

Persons: Fishionado, Kris Wilson, Becca Millstein, coronavirus, “, ” Millstein, Rose, ”, Millstein, “ They’re, Simi Grewal, Manel, ” Maria Finn, John Steinbeck's, John Field, he's, ___ Watson Organizations: FRANCISCO, West Coast, Conservas, U.S . Food, Drug Administration, Greenpeace, National Marine Fisheries Service Locations: Europe, U.S, Danish, San Francisco, Houston, New York, tastings, TikTok ., Los Angeles, Spain, Portugal, Brooklyn, West, canneries, Oregon, Washington, Chengdu, Pacific, Bay, Patagonia, California, Monterey, San Diego

The gubernatorial election was decided in October when Jeff Landry, a Republican backed by former President Trump, won outright and avoided a runoff. Voters will cast ballots this weekend to determine the winners of a slew of other races, including three vacant, statewide offices: attorney general, secretary of state and treasurer. Democrats hope to gain a statewide office in the reliably red state as the GOP tries to retain its current offices. The secretary of state race will be closely watched after GOP incumbent Kyle Ardoin declined to seek reelection. Republican Landry is a former state representative from Lafayette and has worked in Ardoin’s office for four years.

Persons: Donald Trump, runoffs, Jeff Landry, Trump, didn't, Republicans “, ” Trump, John Fleming, Dustin Granger, Kyle Ardoin, Nancy Landry, Gwen Collins, Greenup, Republican Landry, Democrat Collins, Alice Lee Grosjean, Huey P, Long, State James Bailey, Landry, Liz Murrill, Joe Biden's, Lindsey Cheek, Cheek Organizations: —, Democratic, Republican, GOP, Republicans, Louisiana Republican Party, Democrat, Ardoin, State, of Elementary Locations: BATON ROUGE, La, Louisiana, Lake Charles, Lafayette, Baton Rouge

☆ Bayard Rustin biopic spotlights organizer of the March on Washington
▼ + stars: | 2023-11-18 | by ( John Blake | ) edition.cnn.com time to read: +12 min

“Rustin,” a biopic that depicts how Rustin navigated a gantlet of personal and political hurdles to pull off the March on Washington, debuts on Netflix today. Rustin was the “glue guy” leader for the civil rights movement. Colman Domingo, center, as Bayard Rustin in "Rustin," which premiered Nov. 17 on Netflix after a brief run in theaters. Colman Domingo as Bayard Rustin exhorts young civil rights volunteers in a scene from "Rustin." Some of that patriotism may seem naïve now, but it furnished the civil rights movement with tremendous vitality.

Persons: Bayard Rustin, Clark, Rustin, Martin Luther, “, Puddington, “ He’d, ” Puddington, “ Rustin, ”, Michelle Obama’s, “ Bayard Rustin, Michael G, George C, Wolfe, Colman Domingo, Martin Luther King Jr, ” Rustin, it’s, Malcolm X, Elijah Muhammad, Malcolm, Philip Randolph, Glynn Turman, Randolph, King, King —, Gandhi, ” Bayard Rustin, Donaldson, Michael Ochs, King he’s, Black, Omar Bradley, Parrish Lewis, Netflix Rustin, Ella Baker, Ying, Yang, Martin, Rebecca Solnit, “ Hope, ” Solnit, Bayard Rustin exhorts, David Lee, President’s, Obama’s, “ Bayard, Martin Luther King's, American Gandhi, Mr, Cathy Young, ” John Blake Organizations: CNN, Washington, Netflix, Rustin, Lincoln Memorial, Denver Post, of Prisons, Michael Ochs Archives, Getty, NBA, “, Society, Freedom, Quaker Locations: Washington, Inside Ashland, ”, Islam, Vietnam, India, Pennsylvania's Lewisburg, American, America, Europe, New York City

☆ Worth the money: 3 self-care gifts under $75 to make your loved ones’ lives easier
▼ + stars: | 2023-11-17 | by ( Annie Probert | ) www.cnbc.com time to read: +1 min

From the frazzled parent to the overworked boss, we all know someone in our lives who deserves a little extra TLC. Nidra eye maskI hate sleep masks. Except, that is, the Deep Rest Eye Mask from Nidra ($25), which I bought very begrudgingly... before using it rigorously during my summer travels. Sunrise alarm clockI never thought I could be a morning person until I got my sunrise alarm clock from Amazon ($30). Long gone are the days of waking up in a state of panic due to my jarring phone alarm clock.

Persons: I'd, pang, — Cameron Albert, Deitch, Long Organizations: CNBC Locations: Cheyenne DeVon

☆ How Danaher's new acquisition will boost earnings for the life sciences firm
▼ + stars: | 2023-11-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Danaher, Eli Lilly, Lilly, Jim Cramer's, Jim Organizations: CNBC, Treasury, West Texas, Coterra Energy, Club Locations: Germany, U.S

LOS ANGELES (AP) — Last year, Dolly Parton was inducted into the Rock & Roll Hall of Fame — against her wishes. Now, almost exactly a year later, she's releasing her first rock ‘n’ roll album, appropriately titled “Rockstar," on Friday. Parton once thought she'd record a “Linda Ronstadt-type rock album,” but had felt she was getting too old. “I care about people, human suffering and all of that.”“World On Fire,” she says, was written after she thought the album was completed. For now, Parton says “Rockstar” is her first and last rock album.

Persons: Dolly Parton, she's, Parton, “, ” Parton, ”, Linda Ronstadt, Sting, Peter Frampton, Debbie Harry, Pat Benatar, Brandi Carlile, Chris Stapleton, Mick Jagger, Lionel Richie, Long, Paul McCartney, I’ve, Ringo Starr, Starr, Rockstar ”, Porter Wagoner, Elvis, Ronnie McDowell, Elvis Presley, Tom Parker, “ I'm, She's Organizations: ANGELES, —, Roll Hall, Fame, Roll Hall of Fame, Associated Press, “, AP, Rockstar

☆ Cut your tax bill and revamp income-generating investments with this move
▼ + stars: | 2023-11-15 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Tax loss harvesting is a staple of year-end planning. Bonds are ripe for tax loss harvesting in the wake of the Federal Reserve's rate-hiking cycle. Consider that the longer-dated iShares 20+ Year Treasury Bond ETF (TLT) has a year-to-date total return of about -7.3%, while the shorter-term iShares Core US Aggregate Bond ETF (AGG) has a total return of roughly 0.7% in 2023, according to Morningstar. "Tax loss harvesting is a silver lining for some of the pain they've been feeling the last couple of years." Bonds and the wash sale rule To benefit from tax loss harvesting, investors must avoid violating the wash sale rule .

Persons: Bonds, Morningstar, Kristy Akullian, Jeffrey Levine, St . Louis, Levine, Jordan Naffa, Naffa, VGSH, Lisa, Kirchenbauer Organizations: Treasury Bond ETF, Bond, BlackRock, Internal, Strategic Wealth, Arista Wealth Management, Treasury, SEC, VGIT, Omega Wealth Management Locations: St ., Las Vegas, Arlington , Va

☆ Argentina's Peronists seek rebirth from ashes of economic crisis
▼ + stars: | 2023-11-14 | by ( Nicolás Misculin | ) www.reuters.com time to read: +5 min

Argentina's main political force for decades, the ruling Peronists only months ago looked down and out. It has a new front-man, Sergio Massa, who is in a tight race to win Sunday's presidential election run-off with anti-establishment outsider Javier Milei. "If Massa wins, he will build a different leadership. PERONISM: LEFT OR RIGHT? "If Massa wins, he will have to betray CFK (Kirchner): in Peronism there is no room for two commanders," said political analyst Andres Malamud.

Persons: Sergio Massa, Agustin Marcarian, Long, Juan Peron, Evita, Javier Milei, Cristina Fernandez de Kirchner, Kirchner, Alberto Fernandez, Massa, Santiago Cafiero, Fernandez, he's, Milei, Ignacio Avalos, Julia Saggini, CFK, Andres Malamud, Nicolas Misculin, Candelaria Grimberg, Lucila Sigal, Adam Jourdan, Rosalba O'Brien Organizations: CGT, of Labor, REUTERS, Voters, Peronist, Economy, Argentine, Reuters, Massa, Thomson Locations: Buenos Aires, BUENOS AIRES, Bolivia, Cuba, United States, Peronism

☆ Morning Bid: Sidestepping Moody's rating twist
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. It's the last of the three major rating agencies to maintain a top rating for the U.S. Treasury as Fitch lowered its rating in August and S&P removed its AAA in 2011. On one level, there's some relief the AAA rating was maintained despite the darker outlook. And that would at least keep the Federal Reserve at bay despite its warnings last week that another rate hike was still on the table. Line chart with data from LSEG Eikon show the U.S. consumer price index inflation, core CPI inflation and federal funds target rate from Jan. 2019 to Sep. 2023.

Persons: Brendan McDermid, Mike Dolan, Fitch, William Foster, Mike Johnson, China's, Joe Biden, Xi Jinping, Suella Braverman, David Cameron, Lisa Cook, Bank of England policymaker Catherine Mann, Tyson, Henry Schein Organizations: New York Stock Exchange, REUTERS, U.S . Treasury, AAA, Reuters, . House, Republican, Treasury, Federal Reserve, Tyson Foods, Walmart, Bank of England, Moody's, U.S . AAA, Thomson Locations: New York City, U.S, Wall St, San Francisco, New York

☆ Stock futures are little changed after Moody’s downgrades U.S. outlook: Live updates
▼ + stars: | 2023-11-12 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock exchange during morning trading on November 10, 2023 in New York City. U.S. stock futures inched down Sunday night after Moody's Investors Service lowered its U.S. credit rating outlook to negative from stable. Moody's on Friday underscored the U.S.' "very large" fiscal deficits and partisan gridlock in Washington as contributing factors for the downgrade. The ratings agency reaffirmed America's credit rating at AAA, the highest level. The S&P 500 rose 1.3% the previous week, while the Dow and Nasdaq gained about 0.7% and 2.4%, respectively.

Persons: Moody's, Fitch, Jay Hatfield, That's, Lisa Cook Organizations: New York Stock, Moody's Investors Service, Dow Jones Industrial, Nasdaq, AAA, U.S, Infrastructure Capital Management, Federal Reserve Bank of New, Dow Locations: New York City . U.S, Washington, Hatfield

☆ Travel news: Escape the crowds at these affordable alternatives to hot spots
▼ + stars: | 2023-11-11 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Get the latest news in aviation, food and drink, where to stay and other travel developments. They’re all shooting up Expedia’s search rankings, too, which means you might want to get there before everybody else does. Making tracksIndonesia launched Southeast Asia’s first bullet train last month, a $7.3 billion train line that connects two of its largest cities, Jakarta and Bandung. And in Austria, state railway ÖBB has unveiled a 33-strong fleet of night trains that will debut next month. England was the birthplace of railways, back in 1825, but almost 200 years later, the country’s train industry is in turmoil.

Persons: Expedia, Martin, Copenhagen’s Noma, Le Gavroche, Julie Balzano, ”, Rodney Hodgins, CNN Tom Stuker, Here’s Organizations: CNN, Michelin, Nashville, Passengers, Air Canada, Geographic Locations: Paros, Greece, Perth, Australia, Liverpool, Palermo, Sicily, Lisbon, Quebec City, Canada, Geneva, Switzerland, Memphis , Tennessee, Pattaya, Thailand, Bangkok, Taipei, Taiwan, Seoul, South Korea, Sapporo, Japan, Zermatt, Long, Miami, Colombia, Las Vegas, Indonesia, Southeast, Jakarta, Bandung, Austria, Britain, England, Korea

☆ Moody’s Changes U.S. Credit Outlook to ‘Negative’
▼ + stars: | 2023-11-10 | by ( Alan Rappeport | More About Alan Rappeport | ) www.nytimes.com time to read: +1 min

The outlook on the credit rating of the United States was changed to “negative” from “stable” on Friday by the ratings firm Moody’s, which pointed to the nation’s worsening fiscal position and political polarization as long-term concerns for America’s economy. The change falls short of a downgrade to America’s credit rating, which Moody’s maintained at the highest AAA level. That downgrade, two months after the United States narrowly avoided defaulting on its debt, was the second in America’s history. Republicans have been pushing for severe spending cuts to reduce the gap between what America spends and what it earns in tax revenue. Mr. Biden has proposed reducing future deficits by expanding the economy and raising taxes on high earners and corporations.

Persons: Moody’s, Fitch, Biden Organizations: AAA, Republicans, America Locations: United States

Friday's early calls include an upgrade to a restaurant software stock and a big downgrade to a solar name. The bank downgraded Unity stock to neutral from outperform, also slashing its target price to $20 from $55. Analyst Doug Anmuth's updated price target of $510 could mean that there's still 17% room for the stock to go. Analyst Jonathan Block's price target of $70 signifies a 13% upside from the stock's Thursday closing price of $62.16. Koning has a price target of $18 per share, implying upside of nearly 30% over the next 12 months.

Persons: Baird, Tim Nollen, Lisa Kailai Han, Carlo Santarelli, — Lisa Kailai Han, JPMorgan downgrades, Drew Chamberlain, Doug Anmuth's, Anmuth, NFLX, Henry Schein, Jonathan, Freyr, BTIG, Gregory Lewis, FREY, Lewis, Stephens, Joshua Long . Long, Long, Portillo's, Mgmt, Chris Dendrinos, Dendrinos, Baird Baird, David Koning, Koning, — Fred Imbert, Julien Dumoulin, Smith, Fred Imbert Organizations: CNBC, Bank of America, Macquarie, Unity, Wynn Resorts, Deutsche Bank, JPMorgan, JPMorgan downgrades Enviva, Netflix, FR, European Union, RBC Capital, FTC Solar Bank of America, FTC Solar, FTC Locations: Macquarie, Unity, UAE, Boston, Norway, Portillo's, Thursday's

☆ These luxury stocks won't lose their luster even as sales growth slows to pre-pandemic levels
▼ + stars: | 2023-11-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +13 min

After three years of record growth, luxury companies are feeling the pain as sales slow to a more normal pace. Nowhere have the struggles of the luxury sector been more prominent than in the French conglomerate LVMH Moet Hennessy Louis Vuitton , the group's bellwether. This dynamic tends to hurt the less-prestigious luxury brands more, according to Rogerio Fujimori, an analyst at Stifel. "Chinese [consumers] are back to Southeast Asia and Japan, but there's still a long way to go in terms of Europe. LVMH and other European luxury brands have been market leaders among European equities since 2021 until the first half of 2023.

Persons: Richemont, Burkhart Grund, LVMH Moet Hennessy Louis Vuitton, Gucci, Ashley Wallace, Bernstein, Luca Sola, Rogerio Fujimori, Fujimori, Wallace, Stifel's Fujimori, there's, Richemont's Grund, —, Fujimori foresees, we've, Hermes, Brunello, Thomas Chauvet, Louis Vuitton, Brunello Cucinelli, LVMH, Dior, Markus Hansen, Hansen, America's Wallace, It's, Vontobel's Hansen, — CNBC's Michael Bloom Organizations: Cartier, Bank of America, U.S, U.S ., EU, Europe, Citi, Bank, Gucci, Bottega Locations: U.S, Europe, Japan, China, Southeast Asia, China's, Thursday's, Kering

The White House is seen at dusk on September 30, 2023 in Washington, DC. Moody's Investors Service on Friday lowered its ratings outlook on the United States' government to negative from stable, pointing to rising risks to the nation's fiscal strength. The ratings agency has affirmed the long-term issuer and senior unsecured ratings of the U.S. at Aaa. Moody's move to cut its outlook arrives as Congress faces the looming threat of a government shutdown once more. "Moody's decision to change the U.S. outlook is yet another consequence of Congressional Republican extremism and dysfunction," White House press secretary Karine Jean-Pierre said in a statement.

Persons: Moody's, Wally Adeyemo, Mike Johnson, Karine Jean, Pierre, Fitch Organizations: Moody's, Aaa, United States, Republican, White, Democratic, AAA Locations: Washington ,, United States, Washington, United, American, Jan, U.S

☆ Want 8% yield? Buy 'fallen angels' in the U.S. bond market, BNP Paribas says
▼ + stars: | 2023-11-09 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The bond bear market is the worst in more than 200 years, according to BNP Paribas' global chief investment officer. "This represents the biggest US bond bear market in over 200 years," Shing said. But, he said, one corner of the bond market is an opportunity for investors: U.S. "fallen angels" in the high-yield credit segment. "So actually, you can still capture 8% plus gross yield of these fallen angels, but at a much lower default risk at a time when the economy is slowing." Those keen on investing in "fallen angel" bonds can consider exchange-traded funds and funds that have been specifically developed to focus on such bonds.

Persons: Edmund Shing, CNBC's, They've, there're, Shing Organizations: BNP, Treasury, U.S, U.S . Federal, U.S ., Morningstar Locations: U.S

DUBAI, United Arab Emirates (AP) — Internet access across the war-torn nation of Yemen collapsed early Friday without explanation, web monitors said. The outage began early Friday around 0000 GMT and affected the YemenNet, which is now controlled by Yemen's Iranian-backed Houthi rebels. Both NetBlocks, a group tracking internet outages, and the internet services company CloudFlare reported the outage. Political Cartoons View All 1239 ImagesThe undersea FALCON cable carries internet into Yemen through the Hodeida port along the Red Sea for TeleYemen. The outage came after a series of recent drone and missile attacks by the Houthis targeting Israel amid its campaign of airstrikes and a ground offensive targeting Hamas in the Gaza Strip.

Organizations: United Arab Emirates, U.S Locations: DUBAI, United Arab, Yemen, Saudi, Red City, Hodeida, Yemen’s, Ghaydah, Israel, Gaza, Eilat, Sanaa, Saudi Arabia, Iran, U.S

☆ An Epic Pilgrimage Across Three Great Religions
▼ + stars: | 2023-11-09 | by ( Aatish Taseer | ) www.nytimes.com time to read: +111 min

Before there was tourism, there was pilgrimage: a trip of endurance, hardship and ecstasy in celebration of one’s faith. On an epic pilgrimage of his own, one writer ventures into the heart of three great religions in Bolivia, Mongolia and Iraq. The Imam Hussein shrine in Karbala the day after Ashura. “They’re poor, but they come thousands of kilometers for the love of Imam Hussein.” PILGRIMAGE WAS A great equalizer. “Labaik ya Hussein,” came the solemn chorus of surrounding voices.

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