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☆ Yen jumps on suspected intervention, sterling hits one-year high
▼ + stars: | 2024-07-17 | by ( ) www.cnbc.com time to read: +4 min

The yen rose sharply on Wednesday in what traders suspected was likely the result of yet another intervention from Japanese authorities to prop up the battered currency from multidecade lows. The euro was last down 0.8% at 171.15 yen, while sterling fell 0.76% to 203.75 yen. Combined with the estimated amount spent a day earlier, Japan is suspected to have bought nearly 6 trillion yen via intervention last week. That sent traders paring back bets of a rate cut from the Bank of England in August, providing a small boost to sterling , which was last up 0.43% to $1.3029. But the more important data is the inflation data, and that's telling the market that the Fed is in a position to cut fairly soon."

Persons: Geoff Yu, Masato Kanda, Michael Brown, Kyle Rodda Organizations: Mellon, Kyodo, Bank of Japan, Bank of England, Monetary, MPC, Tuesday's, Federal Reserve, New Zealand, Reserve Bank of New Locations: London, Tokyo, Japan, Reserve Bank of New Zealand

☆ Tenacious D: Jack Black’s bandmate faces backlash over comment about Trump assassination attempt
▼ + stars: | 2024-07-16 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Jack Black’s comedy rock band Tenacious D has sparked outrage and had a show in Australia postponed after band member Kyle Gass made an apparent joke about Saturday’s assassination attempt on former US President Donald Trump. “To advocate and or wish for the assassination of a President is egregious, disgusting, filthy, evil, and not acceptable in any way, shape or form,” said Babet. “Anything less than a deportation is an endorsement of the shooting and the attempted assassination of Donald J Trump,” he said. “I will not be participating in any future Tenacious D interviews,” he said. Tenacious D have previously appeared on the Kyle & Jackie O “In the Morning” show on KIIS radio.

Persons: Jack Black’s, Kyle Gass, Donald Trump, Black, Gass, ” Gass, “, ”, Ralph Babet, Anthony Albanese, Tenacious, Jack Black, Andrew Giles, ” Babet, Donald J Trump, Kyle Sandilands, Kyle, Jackie O “, Joe Biden, –, ” Biden Organizations: CNN, Sunday, Trump, New Locations: Australia, Sydney, Australian, Newcastle , New South Wales, Brisbane, Melbourne, Adelaide, New Zealand, America

☆ Has ‘world’s rarest whale’ washed up on a beach? Scientists are scrambling to find out
▼ + stars: | 2024-07-16 | by ( Isaac Yee | ) edition.cnn.com time to read: +4 min

Now, experts in New Zealand are scrambling to confirm whether a 5-meter (16-foot) carcass that recently washed ashore on the country’s South Island is the near-mythical spade-toothed whale. After inspection and consultation with marine-mammal experts, scientists believed the carcass was that of a male spade-toothed whale, though more tests were needed. It may take several weeks or months for the DNA to be processed and a final species ID to be confirmed, according to New Zealand’s conservation department. If the carcass is confirmed as a spade-toothed whale and dissected, Hendriks from the DOC said scientists will be very interested in details of its its stomach and gastrointestinal tract. “This can tell us about what the whale has been eating, but it is also significant because every beaked whale species has a unique stomach plan,” she said.

Persons: CNN —, it’ll, ”, Hannah Hendriks, Gabe Davies, ” Davies, Nadia Wesley, Smith, Te, “ Organizations: CNN, New Zealand’s Department of Conservation, Coastal Otago, RNZ, University of Auckland Locations: New Zealand, ”, Zealand, Te Rūnanga, Pitt, of Plenty, Gisborne

☆ Dollar drifts as Powell comments bring September rate cut in focus
▼ + stars: | 2024-07-16 | by ( ) www.cnbc.com time to read: +3 min

The dollar fell slightly on Monday after comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt on former President Donald Trump lifted his reelection chances. The dollar hung around five-week lows on Tuesday as comments from Federal Reserve Chair Jerome Powell bolstered the case for a rate cut in September, while cryptocurrencies gained on rising odds of former President Donald Trump getting reelected. The comments, likely Powell's last until his press conference following the Fed's July 30-31 meeting, shifted rate cut expectations. Markets are now anticipating 68 basis points of easing this year, with a rate cut in September fully priced in, CME FedWatch tool showed. "Markets may need to wait longer for the confirmation of their September rate cut hopes, and growth and labor data will be on the radar such as retail sales today."

Persons: Jerome Powell, Donald Trump, cryptocurrencies, Powell, We've, Charu Chanana, Trump, Gary Gensler, Chris Weston Organizations: Federal, Economic, of Washington, Saxo, Traders, Bank of Japan, Republican, cryptocurrency, San, SEC, New Zealand Locations: Tokyo, San Francisco

☆ 4 Gen Zers on track for financial independence explain the mix of passive income, businesses, and sacrifices it took to get there
▼ + stars: | 2024-07-15 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. But all four emphasized that their sacrifices and risks earlier in life may be the key to their financial stability down the road. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.

Persons: —, Gen Z, they've, Cody Berman, Cody Berman Cody Berman, Berman, I'm, " Berman, Bosch, Louis, Roth, Amber Smith, Amber Smith Amber Smith, Smith, she's, Cory Sarkisian, Sarkisian, They've Organizations: Service, Transamerica Center, Retirement Studies, Business, Boeing, Navy, Nissan, Gold City Ventures, Bosch, eBay, Honda Civic, Roth IRA, Savings Locations: St, California, West Des Moines, San Diego, Hawaii, Connecticut, New Zealand

☆ Dollar sees safe-haven gains; sliding yen stays on intervention watch
▼ + stars: | 2024-07-15 | by ( ) www.cnbc.com time to read: +3 min

The risk-sensitive Australian dollar fell 0.18% to $0.6771, while the New Zealand dollar slid 0.35% to $0.6097. Under a Trump presidency, market analysts expect a more hawkish trade policy, less regulation and looser climate change regulations. Against the dollar, the yen was last 0.3% lower at 158.36, having strengthened to a roughly one-month high of 157.30 per dollar on Friday. "The confirmed FX intervention undertaken by the MOF in April and May proved that policymakers are prepared to be canny about choosing the timing of their moves," said Jane Foley, head of FX strategy at Rabobank. "In order to make more 'bang for their buck', FX intervention in quiet conditions or after the release of softer U.S. economic data seems like a sensible move.

Persons: Donald Trump, Jack Ablin, It's, Trump, Rong Ren Goh, Jane Foley Organizations: Trump, Cresset, New Zealand, Eastspring Investments, Cash U.S, Investors, . Bank of Japan, Finance, Analysts, Rabobank Locations: Asia, Japan, U.S, Tokyo

☆ 4 Gen Zers share how they're already on pace to retire early — though some don't want to
▼ + stars: | 2024-07-14 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. Some said they don't intend on following the "retire early" part of the acronym and instead want to pursue their passions while making money doing so. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.

☆ King Charles and Queen Camilla to visit Australia and Samoa
▼ + stars: | 2024-07-14 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +4 min

CNN —Britain’s King Charles III and Queen Camilla are heading down under in the fall. The forthcoming visit to Australia will be the 75-year-old British monarch’s first trip to a Commonwealth realm since he ascended the throne. In addition to the United Kingdom, Charles is also head of state in 14 realms including Australia, New Zealand and Canada, though his role is largely ceremonial. “Their majesties’ state visit to Samoa will celebrate the strong bilateral relationship between the Pacific Island nation and the UK,” the palace added. Charles’ visit to Australia will be a key test of his popularity as head of state.

Persons: CNN — Britain’s King Charles III, Queen Camilla, Charles, Camilla, Charles ’, “, Keir Starmer, –, Queen Elizabeth II’s, rumblings, Anthony Albanese’s, Albanese Organizations: CNN, Australian Capital, Coast, Games, Commonwealth, Labour Party, New Zealand, CNN’s Royal Locations: Australia, Samoa, Commonwealth, United Kingdom, New Zealand, Canada, Australian Capital Territory, New South Wales, France, Scotland, Cardiff, Germany, Kenya

That deed was issued to “Her Majesty the Queen in Right of New Zealand,” sparking speculation that Queen Elizabeth II had bought the unit at 50 United Nations Plaza. (She hadn’t.) As for Unit 11A in the Central Park-facing skyscraper, the sale was, in fact, made by the government of Canada and will act as the official residence of the Canadian consul general, according to Alexandra Vachon White, a spokeswoman for the consulate. The consulate got a sizable discount: According to Ondel Hylton of CityRealty, the unit was listed for nearly $11 million as recently as 2022. The building, while beautifully situated and sporting stately architecture, has faced deep discounts in recent years, said Mr. Hylton, a result of post-pandemic troubles.

Persons: Queen Elizabeth II, Alexandra Vachon White, Ondel Hylton, Hylton Organizations: United Nations, New, Commonwealth Locations: New Zealand, Canada, Manhattan, Commonwealth, CityRealty

☆ Dollar adrift ahead of U.S. inflation test; sterling firms
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: +3 min

The dollar fell a touch on Thursday although moves were largely subdued ahead of a U.S. inflation report due later in the day, while sterling firmed on receding expectations for an August rate cut from the Bank of England (BoE). The dollar fell a touch on Thursday although moves were largely subdued ahead of a U.S. inflation report due later in the day, while sterling firmed on receding expectations for an August rate cut from the Bank of England. BoE Chief Economist Huw Pill on Wednesday said price pressures in Britain's economy were persistent and that the timing of a first rate cut was an "open question". His colleague Catherine Mann signalled she is unlikely to vote for an interest rate cut in August. Against the greenback, the euro gained 0.04% to $1.0834, and the Aussie dollar rose 0.01% to $0.6754.

Persons: BoE, Huw Pill, Catherine Mann, Carol Kong, Jerome Powell Organizations: Bank of England, Monetary, ANZ, MPC, Commonwealth Bank of Australia, Federal Reserve, U.S, New Zealand, Reserve Bank of New, Bank of Japan Locations: U.S, Asia, Japan

☆ NATO allies call China a ‘decisive enabler’ of Russia in Ukraine war as bloc eyes Asia security threats
▼ + stars: | 2024-07-11 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —China is a “decisive enabler” of Russia’s war against Ukraine, NATO leaders said Wednesday, as the defense alliance hardens its stance on Beijing and the “systemic challenges” they say it poses to their countries’ security. For the third consecutive year, leaders of New Zealand, Japan and South Korea attended the NATO leaders’ summit in another sign of closer ties between the bloc and those countries, as well as Australia. NATO’s increasing focus on AsiaThe NATO leaders’ declaration is the latest step in what has been the bloc’s gradual hardening of tone on China in recent years. NATO leaders first mentioned the need to jointly address “opportunities and challenges” posed by China in a 2019 declaration, before moving to refer to “systemic challenges” the country poses in 2021. “The Indo-Pacific is important for NATO, given that developments in that region directly affect Euro-Atlantic security,” the leaders said in their declaration.

Persons: ”, Joe Biden, China’s, “, Xi Jinping, Vladimir Putin, Sergei Bobylov, –, Putin, Kim Jong Un Organizations: Hong Kong CNN, NATO, US, ’, Getty Images China, Union, European Union, EU, Wednesday, North Locations: China, Hong Kong, Ukraine, Beijing, Washington, Russia, Moscow, North America, Europe, Asia, New Zealand, Japan, South Korea, Australia, Russian, ”, North Korea, Iran, Pyongyang, Tehran, North, Pacific

☆ NATO allies are discussing reclaiming some Chinese-owned infrastructure in Europe
▼ + stars: | 2024-07-11 | by ( Kayla Tausche | Kylie Atwood | ) edition.cnn.com time to read: +5 min

CNN —NATO officials are discussing taking action to reclaim some Chinese-owned infrastructure projects in Europe should a wider conflict with Russia break out in the east of the continent, three officials involved in the discussions told CNN. A decade ago, when Europe was still crawling out of the economic crater caused by the global financial crisis, the promise of infrastructure funding from Chinese-owned investment firms seemed like a major windfall. The fear, according to one US official, is that Beijing could use the infrastructure it owns in Europe to provide material assistance to Russia if the conflict were to expand. The discussions reflect an increasing focus on China by the NATO alliance. A NATO official said that if a war erupted, the infrastructure “would almost certainly be nationalized, or nations would temporarily assume operating control, under emergency security measures.

Persons: Antony Blinken, Kishida, ” Blinken, Jens Stoltenberg, CNN’s Natasha Bertrand Organizations: CNN, NATO, Washington, Moscow, Beijing, Initiative, Helsinki Shipyard –, US, Ukraine, European Union Locations: Europe, Russia, Ukraine, Beijing, China, NATO, Eastern Europe, Baltic, Finland, Canada, Japan, East Asia, South Korea, Australia, New Zealand, France, Washington

☆ My wife and I sold our home in Texas and started traveling the world with our 4-year-old to find a new place to live. We've been to 29 countries so far.
▼ + stars: | 2024-07-11 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +9 min

Read previewThis as-told-to essay is based on a conversation with Jimmy Sweeney, a 31-year-old dad who has been traveling the world with his wife, Brooke, and 4-year-old daughter, Isla, to find a new home since June 2023. Brooke and I have always loved traveling, and having a kid, we knew we didn't want to change that. We sold our house and started our journey in EuropeWe put our house on the market in April of last year. Seeing the stories kids in a place are growing up with is a great way to learn about a culture. We've loved a lot of places so farIt doesn't take long to understand whether you relate to or feel a part of somewhere.

Persons: —, Jimmy Sweeney, Brooke, I've, We've, it's, Brooke Sweeney, Jimmy Sweeney I've, Isla, Jimmy Sweeney It's, We're, that's, You'll, Sweeney Organizations: Service, New Zealand, Business, China Locations: Australia, New, Fort Worth , Texas, Texas, Europe, Florida, Taiwan, Munich, Germany, New Zealand, Japan, Kuala Lumpur, Southeast Asia, Spain, Denmark, Goreme, Amber, Jaipur, India

☆ Gregg Berhalter fired as U.S. men’s soccer coach after Copa America first-round exit
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: +2 min

Gregg Berhalter, Head Coach of United States reacts after the first half during the CONMEBOL Copa America USA 2024 Group C match between Panama and United States at Mercedes-Benz Stadium on June 27, 2024 in Atlanta, Georgia. Gregg Berhalter was fired as U.S. men's soccer coach on Wednesday, nine days after his team's first-round exit from the Copa America flamed doubts he was the right person to remain in charge for the 2026 World Cup. Berhalter earned $2,291,136 in 2022, including $900,000 in bonuses for the Americans qualifying for the World Cup and reaching the second round. A top-level men's coach could put pressure on the USSF to increase the salary of newly hired women's coach Emma Hayes. Just 23 months remain before the World Cup comes to the United States for the second time and the Americans play their opener at Inglewood, California, on June 12, 2026.

Persons: Gregg Berhalter, Matt Crocker, Berhalter, Crocker, Cindy Parlow Cone, Jürgen Klopp, Thierry Henry, Marcelo Bielsa, Jesse Marsch, Hugo Pérez, Pellegrino Matarazzo, David Wagner, Steve Cherundolo, Jim Curtain, Massimiliano Allegri, Mauricio Pochettino, Emma Hayes Organizations: CONMEBOL Copa America USA, Mercedes, Benz, Copa America, Sporting, Canada, USSF, CONCACAF Nations League Locations: States, Panama, United, Atlanta , Georgia, America, New Zealand, United States, Inglewood , California

☆ 'Big change in language' from the RBNZ signals dovish tilt, economist says
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big change in language' from the RBNZ signals dovish tilt, economist saysPhilip O'Donaghoe of Deutsche Bank discusses the Reserve Bank of New Zealand's decision to hold its cash rate.

Persons: Philip O'Donaghoe Organizations: Deutsche Bank, Reserve Bank of New

☆ Dollar firm on Powell caution, kiwi bides time before rates decision
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: +3 min

The New Zealand dollar edged higher ahead of the central bank's rate decision, with traders on alert for any signals on the timing for policy easing. In the first day of his testimony to Congress overnight, Powell said a rate cut is not appropriate until the Fed gains "greater confidence" inflation is headed toward the 2% inflation target. Traders lay about 73% odds for a rate cut by September, slipping from 76% a day earlier. New Zealand's kiwi added 0.1% to $0.6131, but staying mostly flat this week after pulling back sharply from Monday's three-week high of $0.6171. "If they do, financial markets could fully price the first RBNZ rate cut in October, from November at present," spurring a retreat in the kiwi to NZ$1.1031 per Aussie dollar, she added.

Persons: Jerome Powell, Powell, Taylor Nugent, Kristina Clifton Organizations: Federal, New Zealand, Fed, Traders, National Australia Bank, Reserve Bank of New, Commonwealth Bank of Australia, Aussie, NZ Locations: Reserve Bank of New Zealand

☆ I quit my desk job to work on cruises 10 years ago. It has its drawbacks, but I've seen 79 countries.
▼ + stars: | 2024-07-09 | by ( Erica Depascale | ) www.businessinsider.com time to read: +7 min

Crew members come from all over the world, and I've always found a very small percentage of Americans working on board. Some crew members work eight to 12 hours per day, with no days off, for seven months straight. Crew life is a blast, even after workThe crew bar and parties are so much fun. There's usually an onboard bar for crew members, where the drinks are cheap and the parties are so much fun. It's hard to describe my lifestyle to people who have never experienced ship life.

Persons: —, I've, Erica DePascale, Erica, wilder, I'm, Erica DePascale Cruise Organizations: Service, Business, Crew Locations: New York City, Instagram, New York, America, dogsledding, Alaska, Petra, New Zealand

☆ Asia-Pacific markets open mixed as investors await U.S. and China inflation data
▼ + stars: | 2024-07-08 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets opened mixed on Monday as investors awaited key economic data from the U.S. and China later this week, while election results in France overnight signaled a hung parliament. France's left-wing New Popular Front coalition on Sunday unexpectedly thwarted a far-right advance, clinching the largest number of seats but falling short of an absolute majority in a parliamentary run-off vote. Investors await the U.S. consumer price index reading, due Thursday stateside, to assess the Federal Reserve's interest rate path, while China's inflation figures on Wednesday will signal the state of the country's economic recovery. Central bank decisions from South Korea, New Zealand and Malaysia will also be announced this week, although no changes are expected, according to a Reuters poll of economists.

Persons: France's Organizations: Popular Front, Sunday Locations: Asia, Pacific, U.S, China, France, Central, South Korea, New Zealand, Malaysia

☆ Melvyn Jaminet: French rugby player, suspended, leaves tour of Argentina after making racist comment in social media post
▼ + stars: | 2024-07-08 | by ( Ben Morse | Bea Adeleke | ) edition.cnn.com time to read: +3 min

CNN —French rugby player Melvyn Jaminet has left the team’s tour of Argentina after he was suspended for using a racist remark in a video posted on his social media accounts. The French Rugby Federation (FFR) said in a statement that it “condemns in the strongest terms” the comments made by Jaminet, while also announcing that the full-back has been suspended from the tour of Argentina. “Melvyn Jaminet had been immediately sidelined and has left the French team currently in Argentina,” said the FFR. Jaminet has been a regular in the French national team since making his debut in 2021. According to a post on the FFR’s Instagram account, the team arrived in Argentina in late June.

Persons: Melvyn Jaminet, “, Jaminet, “ Melvyn Jaminet, ”, ” Jaminet, Les, Castéra Organizations: CNN —, French Rugby Federation, French, Rugby, Argentina, French Rugby, CNN, Toulon, New Zealand, Estadio, Jaminet Locations: CNN — French, Argentina, France’s, Mendoza, France

☆ Wimbledon recap day 7: Carlos Alcaraz’s highlight reel and Lulu Sun’s story
▼ + stars: | 2024-07-07 | by ( Charlie Eccleshare | Matthew Futterman | ) www.nytimes.com time to read: +19 min

Welcome to the Wimbledon briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. On day seven of Wimbledon 2024, Carlos Alcaraz showed off his tennis diet, Lulu Sun kept building her story, and Daniil Medvedev set up a rematch. To really feel good on a tennis court, Carlos Alcaraz needs to play points that get the crowd off their seats. He lost the third set 6-1 and went on a run of losing four service games in a row. Even in an international sport like tennis, Wimbledon quarterfinalist Lulu Sun has quite some heritage.

Persons: Carlos Alcaraz, Lulu Sun, Daniil Medvedev, Ugo Humbert, Alcaraz, Humbert, Spaniard, Tommy Paul, — Charlie Eccleshare, Emma Raducanu, Sun, She’s, Julian Finney, Donna Vekic, Zhu Lin, Charlie Eccleshare Will Daniil Medvedev, Jannik, hadn’t, We’ll, Sinner, Medvedev, Adam Pretty, Grigor Dimitrov, Ben Shelton, he’ll, — Charlie Eccleshare Will Jasmine Paolini’s, Keys, Rob Newell, Camerasport, Paolini, Emma Navarro, — James Hansen, Paula Badosa’s, 🇷 F., Paul, 🇸 P., 🇪, 🇷 M., 7 🇦🇷 F, Dani e, C. O, A. T, 🇸 J. Muna, Du, L. N, J, 🇵 Y, Cobo, Mun, i tz 🇩, 🇧 F. J, Ker, B., C. Tau, Carl e, 🇸, Fernandez, 🇳 10 O. J, Golub, Boult e r 7 7 🇩, Mari, 🇴, eva, 🇷, 🇿 26, 🇷 16 E. J, Maia, 🇿, Wang, 🇧 E. R, ina, LL, odon, K, M., D., 🇸 19 E., Coll, Ry Organizations: Wimbledon, Getty, Madison Keys, Shelton, 🇬, Monfils, rgs, Walton, 🇰, 🇺, 🇸, Alcaraz 6, 🇷, 🇱 A. Rus, Navarro Locations: —, Croatian, New Zealand, Switzerland, Devon, Melbourne

☆ Unusual swamp creature was an ice age predator before the dinosaurs
▼ + stars: | 2024-07-05 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

Creatures living in the far south have been harder to pin down, and less is known about the animals that lived closer to the poles. It thrived as a top predator 40 million years before dinosaurs evolved to roam the Earth, according to the study. “It’s really, really surprising that Gaiasia is so archaic. In addition to seeking more fossil examples of the species, the researchers are also curious to find other animals that lived in this far south ecosystem. “It tells us that what was happening in the far south was very different from what was happening at the equator.

Persons: Gaiasia jennyae, ”, Jason Pardo, “ It’s, Claudia Marsicano, “, Gaiasia, Pardo, ” Pardo, Gabriel Lio, ” Marsicano, can’t Organizations: CNN, National Science Foundation, Field, University of Buenos Locations: Namibia, Brazil, Chicago, University of Buenos Aires, South America, Africa, Antarctica, Australia, New Zealand, South Africa

☆ Earth’s inner core has slowed so much it’s moving backward, scientists confirm. Here’s what it could mean
▼ + stars: | 2024-07-05 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +10 min

Comparing the timing of seismic signals as they touched the core revealed changes in core rotation over time, confirming the 70-year rotation cycle. But the depth and inaccessibility of the inner core mean that uncertainties remain, she added. The mysterious region where the liquid outer core envelops the solid inner core is especially interesting, Vidale added. “We might have volcanoes on the inner core boundary, for example, where solid and fluid are meeting and moving,” he said. Because the spinning of the inner core affects movement in the outer core, inner core rotation is thought to help power Earth’s magnetic field, though more research is required to unravel its precise role.

Persons: seismologist Inge Lehmann, —, ”, Lauren Waszek, “, ” Waszek, John Vidale, “ We’ve, ” Vidale, we’ve, what’s, Vidale, Seismologists, Lehmann, Waszek, ” Mindy Weisberger Organizations: CNN, James Cook University, Earth Sciences, University of Southern California’s Dornsife, of Letters, Arts and Sciences, Geological Survey, Scientific Locations: Australia, New Zealand, South Sandwich, South

☆ Why so much is riding on the 777X, Boeing's newest long-haul plane that is already 5 years late and costing billions
▼ + stars: | 2024-07-04 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

The FAA slowed deliveries after the Alaska Airlines door plug blowout in January and capped Boeing's 737 production. AdvertisementA lot is riding on the new 777X, including proving its modified design was the right strategy over building a new plane from scratch. Boeing's last completely new widebody plane was the 787 way back in 2003. The Boeing 777X's 10-abreast cabin mockup on display at Aircraft Interiors Expo in 2022. Georg Wendt/picture alliance via Getty ImagesDespite the substantial investment, Emirates president Tim Clark has voiced his concern over Boeing's 777X delays.

Persons: —, Richard Aboulafia, there's, it's, Thiago B Trevisan, Julien de Rosa, ROSLAN RAHMAN, Max —, Max, Georg Wendt, Tim Clark, Clark, Aboulafia Organizations: Service, British Airways, Emirates, Singapore Airlines, Business, Boeing, FAA, Alaska Airlines, Airbus, Korean Air, Delta Air Lines, Lufthansa, Air New Zealand, Getty, Aviation, Etihad Airways, Aircraft, Reuters, Air Locations: Korean, AFP, Qatar

☆ Some Countries Are Trying a Four-Day Workweek. Greece Wants a Six-Day One.
▼ + stars: | 2024-07-04 | by ( Niki Kitsantonis | Amelia Nierenberg | ) www.nytimes.com time to read: +1 min

As the rest of the world zigs toward a four-day workweek, Greece is opting to zag. On Monday, a law came into effect that allows some companies to enforce a six-day workweek, a shift that is intended to prop up the country’s aging work force and compensate strapped workers, while respecting workers’ rights. Greece already has the longest average workweek in the European Union, and it is not clear whether the extended workweek will bolster productivity. The action in Greece stands in sharp contrast to much of the world. Senator Bernie Sanders, independent of Vermont, in March pushed to reduce the standard workweek in the United States to 32 hours from 40 hours.

Persons: Bernie Sanders Organizations: Labor, European Union Locations: Greece, Vermont, United States, Britain, Iceland, New Zealand

☆ I took a 10-hour flight, and one carry-on item made sitting in economy more comfortable
▼ + stars: | 2024-07-04 | by ( Monica Humphries | ) www.businessinsider.com time to read: +4 min

AdvertisementI was initially hesitant to buy the hammockFor years, I've eyed a foot hammock. AdvertisementThe foot hammock's strap loops the plane's tray table. Since foot hammocks are affordable — I bought mine for under $10 — I figured I would give one a shot. The foot hammock allowed me to be in my preferred plane position with my knees up. For all future flights that allow it, you'll find me curled up in my seat with a foot hammock in tow.

Persons: —, I'm, I've, Monica Humphries Organizations: Service, Business, Street, Leisure, Air, Amazon, Lufthansa Locations: Zealand

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