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Determining the best predictors of stock-market returns is like seeking the Holy Grail for investors. They also allowed the algorithm to come up with its own ratios in an attempt to determine whether there are better indicators of stock-market performance. Examples of variables included sales, market value, and cost of goods. The data points were then scaled using ratios to correlate a company's sales revenue to other variables, such as its size. Robbins noted that traditionally, academics begin with a theory for why certain company fundamentals could be good predictors of stock market returns before testing them.
Persons: Alejandro Lopez, Lopez, Andrew Y . Chen, Tom Zimmermann, Michael Robbins, Lira, ChatGPT, Robbins, It's Organizations: Lira, University of Florida, University of Cologne, Institutional, Investors, New York Stock Exchange, American Stock Exchange, Nasdaq, Lopez
That's why the duo, who are both certified divorce financial advisors, launched Divorce Friday, a financial education blog for those going through a split. "I know that women need more help when they're going through a divorce. Through the years, Pappas and Chen have seen some common mistakes that divorcees make when divvying up assets. "If they're going to be single now, the tax rate is effectively higher, so they're going to have less income with a higher tax rate, and that is a problem." 2024 federal income tax brackets
Persons: Diane Pappas, Chris Chen, Pappas, there's, it's, Chen Organizations: Census, Centers for Disease Control, Business Locations: State, New York
Glendale, California CNN —Big Thunder Mountain Railroad, the “wildest ride in the wilderness,” sits at one edge of Disney World’s Magic Kingdom park, the most visited theme park in the world. “It’s probably the largest expansion ever at Magic Kingdom,” Michael Hundgen, Walt Disney World site portfolio executive, said Tuesday during a rare media event previewing new Disney attraction designs and technology at its Walt Disney Imagineering facility in California. Disney’s 10-year investment planThe Magic Kingdom expansion is one part of a $60 billion investment Disney has said it’s planning for its parks, cruises and experiences over the next decade. But any plans for expanding the theme park footprint at the Disneyland resort would need Anaheim city approval because of zoning issues. This is really a wild experience.”Charita Carter, executive creative producer at Walt Disney Imagineering, worked on the project from its inception about four years ago.
Persons: “ It’s, ” Michael Hundgen, Walt, Walt Disney, Bob Iger, Josh D'Amaro, Iger, “ it’s, Disney, ” Iger, , Mike Pucher, Walt Disney Imagineering Iger, Imagineers, Darth Vader, Imagineer Lanny Smoot, ” Smoot, Smoot, Christian Thompson, Stella Reese Chase, Leah Chase, Chase, “ I’m, I’ve, ” Charita Carter, Walt Disney Imagineering, Carter, Organizations: California CNN, Railroad, Disney, Magic Kingdom, Walt Disney, Walt, CNN, Universal Orlando Resort, Universal, Comcast, Anaheim City Council, National Inventors Hall of Fame, Research, Walt Disney Imagineering Research, Disneyland’s Locations: Glendale, California, , Central Florida, Disney’s Florida, Florida, Anaheim, New Orleans
A Palestinian-American doctor walked out of a meeting with US President Joe Biden before it was over Tuesday evening, underscoring the high tensions, anger and concern from Arab, Palestinian and Muslim-American communities around the Israel-Hamas war. “I said it was disappointing I’m the only Palestinian here, and out of respect for my community, I’m going to leave,” Ahmad said he told the president. Before he left, he handed Biden a letter from an 8-year-old orphaned girl, Hadeel, who lives in Rafah. “I beg you, President Biden, stop them from entering Rafah,” a translation of the letter shared with CNN says. Biden told him he understood that he needed to leave, Ahmad said.
Persons: Joe Biden, Thaer Ahmad, Kamala Harris, Jake Sullivan, ” Biden, , ” Ahmad, Khan Younis, Al Nasser, Biden, Hadeel, Israel's, Ahmad Organizations: CNN, White Locations: Israel, Chicago, Gaza, Rafah,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's property market is unlikely to recover this year, Jefferies saysShujin Chen, head of China FIG Research at Jefferies, says it's "still in the process of bottoming."
Persons: Jefferies, Shujin Chen Organizations: China FIG Research, Jefferies
Tokyo CNN —Everyone in Japan could one day have the same surname unless its restrictive marriage laws change, according to a new study. But the country’s dwindling marriage rate could buck that trend and a rapidly declining population might render it moot entirely. If the rules carry on, all Japanese people could have the surname Sato by 2531, according to Hiroshi Yoshida, an economist from Tohoku University in Sendai, who led the study. According to Myoji Yurai, a company that tracks Japan’s more than 300,000 surnames, Sato is currently the most common, followed by Suzuki. About 1.8 million people out of Japan’s 125 million population have the surname Sato, Myoji Yurai says on its website.
Persons: Sato, Hiroshi Yoshida, Myoji, Suzuki, Takahashi, Myoji Yurai, Yoshida –, Yoshida, ” Yoshida, , Fumio Kishida, Wang, Li, Zhang, Liu, Chen, Galton, Watson Organizations: Tokyo CNN, Tohoku University, CNN Locations: Japan, Sendai, East Asia, China
When I temporarily switched from an iPhone to an Android phone last week, I was bracing for a world of hurt. I’ve owned only Apple phones ever since buying the first-generation iPhone in 2007. And, like many, I’ve bought other Apple products that pair nicely, including AirPods, an Apple Watch and an iPad. I was initially surprised by how simple it was to shift my iPhone data to an Android smartphone made by Google. After I called my carrier, Verizon, to transfer my phone number to the Android device, my mission was accomplished: I had become an Android convert.
Persons: I’ve Organizations: Apple, Apple Watch, Justice Department, Google, Verizon
Then this year, Ms. Gamble, a retired X-ray technician, faced a 20 percent spike in her property tax bill. With no other way to pay it, she began to empty her home of 34 years in the Denver suburb of Littleton, one memento at a time. “Every knickknack I have, everything I don’t use, I’m selling,” said Ms. Gamble, 84, who has asked officials in neighboring Douglas County about applying for subsidized housing. I think I need to use two credit cards to do it. And I’m going to have to pay interest on those.”
Persons: Marleen Gamble, Gamble, Organizations: Social Security Locations: Denver, Littleton, Douglas County
It’s jobs week. Here’s what to watch for
  + stars: | 2024-04-02 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
New York CNN —Welcome to jobs week. Fed Chair Jerome Powell said last week that a weakening labor market would be a reason to reduce interest rates. It’s hard to imagine that this jobs report will substantially move the needle on Fed policy, said Michael Brown, a senior research strategist at Pepperstone. The Conference Board’s February Consumer Confidence survey found that “Consumers’ appraisal of the labor market was more positive in March” than in previous months. The week ahead: While the main event this week is Friday’s jobs report, there’s plenty of other jobs data this week for traders to grab on to.
Persons: Jerome Powell, I’ll, nonfarm, , Dave Sekera, , , we’re, Goldman Sachs, Michael Brown, Powell, Brown, It’s, Donald Trump, Matt Egan, Trump, That’s, Natasha Chen Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Goldman, Labor, Stanford, Social, Trump Media & Technology Group, Trump Media Locations: New York, , California
"Since the pandemic, affordability has just totally collapsed," said Chen Zhao, a senior economist at Redfin. February 2021 was the last month when the typical household earned more money than they needed to afford the median home. The U.S. Department of Housing and Urban Development (HUD) sets the standard of affordability at 30% of household income. Affordability deficit narrowed in FebruaryThe average household fell short $29,448 to afford a home in February, according to Redfin. The affordability deficit narrowed because rates have been on a consistent decline since the last peak in October, according to Zhao.
Persons: Chen Zhao, They've, Zhao, It's, Jeff Ostrowski, Veronica Fuentes, Fuentes, Ostrowski, Buyers, Redfin, Louis, What's Organizations: Getty, Redfin, Finance, U.S . Department of Housing, Urban Development, Northwestern Mutual, Cleveland Locations: U.S, Detroit, Pittsburgh, St, Philadelphia, Indianapolis, Warren, Mich, Cincinnati, Milwaukee , Kansas City , Virginia Beach, Va, Antonio, Columbus , Ohio
CNN —As of Monday, about half a million fast food workers in California are making at least $20 per hour, $4 higher than the overall state minimum wage. This council can also recommend standards for fast-food worker safety and work with existing state agencies to investigate issues like wage theft. Mendelsohn, who owns six El Pollo Loco locations, has long championed workers’ rights, including helping trans workers connect with jobs. “I just wish it was being done over a longer period of time and it wasn’t just fast food,” Mendelsohn said. Additionally, they hope the council can discus fair working conditions, including wage theft, excessive heat and violence at work.
Persons: , , Jaylene Loubet, We’re, Michaela Mendelsohn, Scott Rodrick, Rodrick, ” Rodrick, it’s, I’ve, Mendelsohn, you’re, ” Mendelsohn, Loubet, ” Loubet, isn’t Organizations: CNN, El, Workers, Locations: California, San Francisco Bay, , Los Angeles
CNN —Argentina and Colombia say they have taken “concrete steps” to improve frayed relations between the two countries after far-right Argentine leader Javier Milei called his left-wing Colombian counterpart a “terrorist murderer” in a CNN interview. In a joint statement Sunday, the two nations’ foreign ministries said they had held talks under orders from Milei and Colombian President Gustavo Petro. The measures include the return of both countries’ respective ambassadors after Colombia last week expelled all Argentine diplomats from Bogota following Milei’s comments to CNN. “You can’t expect much from someone who was a terrorist murderer,” Milei said in the interview of Petro, a former guerilla who became Colombia’s first left-wing president in 2022. Colombia recalled its ambassador to Argentina in January following similar comments from Milei, Reuters reported.
Persons: Javier Milei, , Gustavo Petro, , ” Milei, Petro, Colombia’s, Milei, Andrés Manuel López Obrador, ” López Obrador, López Obrador, Argentinians “, Nicolás Maduro Organizations: CNN —, Colombian, CNN, Reuters, Venezuela’s, Español Locations: CNN — Argentina, Colombia, Argentine, Milei, Bogota, Argentina, Venezuela, Caracas, Buenos Aires, Nazi
Construction has not yet started on what could become the world’s tallest jail, a 300-foot-tall tower on a site in Manhattan’s Chinatown where the remnants of a former detention center still stand. Since demolition began last spring, large cracks have formed along the wall of a neighboring senior center, where residents shut their windows to block out dust. Longtime businesses have warned that they may have to close because of reduced foot traffic or costly renovations. Now, community groups that opposed the new jail are pushing for more accountability at the demolition site, formerly home to the Manhattan Detention Complex, also known as the Tombs. Locals are bracing for a yearslong construction process that they fear will become only more disruptive.
Locations: Manhattan’s Chinatown, Manhattan
New Jersey moved a step closer last week toward overhauling its unique-in-the-nation election ballots, in a decision that could reshape party politics in the state for years to come. On Saturday, the federal judge who ordered the redesign, in response to a lawsuit filed in February by three Democratic candidates, said in a statement that only the Democratic primary, which includes the race to replace Senator Robert Menendez, would have to use the new ballot. The Republican ballot, he wrote, can stay the same, though he said his order did not prohibit Republican leaders from choosing to alter their party’s ballot. The clarification is the latest twist in a long legal battle in New Jersey to shift the balance of electoral power away from party-backed candidates and open the door for newcomers in both parties. “If this decision holds, it will completely upend New Jersey politics.”
Persons: Robert Menendez, Julia Sass Rubin, “ It’s, Dr, Rubin, Organizations: Democratic, Republican, Rutgers University Locations: Jersey, New Jersey, upend New Jersey
And it is in these districts, from the Central Valley to the outskirts of Los Angeles and down to Orange County, where the House majority will likely be won or lost in 2024. Republicans currently hold a slim 218-seat majority, a precarious position for the party as the 213-member House Democratic Caucus works to flip the chamber this year. Tom Williams/CQ-Roll Call, Inc via Getty ImagesKen Calvert, 41st DistrictFirst elected to the House: 1992AdvertisementCalvert is the longest-serving California Republican in Congress. Calvert won most of his races by large margins before redistricting, and he last faced a truly competitive reelection fight in 2008. Valadao's return to Congress was overshadowed by his decision to become one of 10 House Republicans to vote to impeach President Donald Trump in the aftermath of the Capitol riot.
Persons: , Kevin McCarthy —, Joe Biden, Young Kim, Bill Clark, Kim, Ed Royce, Gil Cisneros, McCarthy, Cisneros, Biden, She'll, Joe Kerr, Michelle Steel, Harley Rouda, Rouda, Dana Rohrabacher, Steel, Jay Chen, Derek Tran, Mike Garcia, Tom Williams, Garcia, Katie Hill, Christy Smith, Smith, George Whitesides, Ken Calvert, Calvert, he's, Will Rollins, Rollins, John Duarte, Duarte isn't, Duarte, Jim Jordan's, Jordan, Mike Johnson of, Democrat Adam Gray, Gray, David Valadao, Valadao, TJ Cox, Valadao's, Donald Trump, Rudy Salas, Salas Organizations: Service, Golden State, Business, Republicans, Democratic Caucus, Inc, Getty, California State Assembly, GOP, Democratic, Navy, Biden, NASA, onetime Virgin Galactic, District, California Republican, Republican, House Democrats, Democrat, Trump, Democratic Rep, Capitol Locations: California, Bakersfield, Golden, Los Angeles, Orange County, Orange, Riverside, San Bernardino, Steel, Los Angeles County, Riverside County, Congress, Inland, Corona, Mike Johnson of Louisiana
Women who choose to undergo reproductive technology procedures such as egg freezing face a long road riddled with obstacles. Here's a look into the driving forces behind egg freezing and the financial, social and emotional costs that come with it — based on personal experiences from women across the country. She wanted to remove some of the stigma around egg freezing and give her followers an inside look at the arduous process. The benefits are high, but so are the costsWhile the benefits of egg freezing are certainly enormous, so too are the associated costs. Many women need multiple egg freezing cycles, especially as they grow older and egg number and quality begin to deteriorate.
Persons: Lynn Curry, cryopreservation dewar, Roselle Chen, That's, Marcia Inhorn, Inhorn, Nicole Noyes, Aimee Eyvazzadeh, Noyes, Eyvazzadeh, Serena Kerrigan, Kerrigan, Jenny Hayes Edwards, Hayes Edwards Organizations: Huntsville Reproductive, Reuters, Life Sciences, Women, Yale University, CNBC, Nutrition Locations: Huntsville, Madison , Alabama, U.S, Alabama, United States, America, New York, California, Colorado
Taipei, Taiwan CNN —For married Taiwanese men Alan Hung and Danny Huang, the process of having a biological child together was never easy. Cases like this are troubling to Chen Ching-hui, who last month became the first fertility specialist to win a seat in Taiwan’s parliament. Same-sex couples and single women are banned from accessing procedures such as in vitro fertilization (IVF) or egg freezing in Taiwan, while surrogacy is outlawed entirely. The issue is particularly pressing for Taiwan because, as its population dwindles, so do its military ranks. A nurse handling egg freezing inside a Taipei clinic run by fertility specialist, and now lawmaker, Chen Ching-hui.
Persons: Taiwan CNN —, Alan Hung, Danny Huang, , ” Huang, Chen Ching, Hung, Huang, Aiden, Danny Huang “, Chen, , Dr Chen Ching, Eric Cheung, , ” Chen, Hsueh, Chang, Paula Bronstein, Huang – Organizations: Taiwan CNN, CNN, Kuomintang, KMT, Communist Party, Taiwan’s Institute for National Defense and Security Research, Democratic Progressive Party, China Medical University Hospital Locations: Taipei, Taiwan, Russia, United States, Taiwan’s, China, East Asia, Japan, Singapore, Korea, Hong Kong, South Korea, Southeast Asia
Fourteen months after the murders, the garage of the abandoned marijuana farm on prairie tableland northwest of Oklahoma City sits frozen and dark. Broadway Avenue in Kingfisher, Oklahoma, about 30 miles south of where Wu Chen, 47, executed four people at a marijuana farm. When Oklahoma legalized medical marijuana, the only real requirement was that Oklahoma residents had to be involved in marijuana growing and selling. But Oklahoma required 75% of any marijuana business to be owned by an Oklahoma resident. Deputies from the Kingfisher County Sheriff's Office were the first to arrive at the scene of a quadruple homicide at an abandoned marijuana farm.
Persons: Wu Chen, Mike Simons, Kevin Stitt, Sean Hannity's, Dan Newhouse, Liu, Chen, Yi Fei Lin, Mark Woodward, , OBN, Adria Berry, BI Adria Berry, I'm, Barb Miuccio, Jeremy Grable, Jeremy, Barb, she's, Barbara Miuccio, Treez, Matt Stacy, Stacy, Stitt, Jeremy they'd, he'd, OMMA, didn't, Barb didn't, Barbara, Stacy —, she'd, Stacy hadn't, BI Jonathan Riedlinger, Riedlinger, Lin, Qirong Lin, Hechun Chen, Qiang Chen, Fang Lee —, Wenbo Lin, Wu Chen —, Wenbo Lin didn't, Reidlinger, Jed Green, Matthew Alan Stacy, Barb —, — he's, He'd, Woodward, Helen Carillo, He's, Kevin Pham, Pham, BI Pham, ProPublica, recriminations, Green, It's, they're, I'd, Ken Thompson, Thompson, Chen didn't, He'll, Jonathan Riedlinger, Kiki, I've Organizations: Oklahoma City, Broadway, BI, Marijuana, Oklahoma, Oklahoma Medical Marijuana Authority, Republican, Sean Hannity's Fox, Fox News, Chen Inc, Narcotics, BI Adria, Oklahoma's Army National Guard, OBN, Business, Oklahoma State Bureau of, Sheriff's, Prosecutors, CSI Accounting Services, Whitney Economics, NBC, Cannabis, Virginia Slim, Florida . Police Locations: Oklahoma, Kingfisher County , Oklahoma, Ames , Oklahoma, Kingfisher , Oklahoma, Pennsylvania, California, Arkansas, Republican Washington, China, Kingfisher County, Dallas, Moore , Oklahoma, Oklahoma City, Afghanistan, Iraq, Ukraine, He's, Moore, Kingfisher, Hennessey , Oklahoma, OMMA, Mexico, Edmond, Tulsa, Russia, Bulgaria, Armenia, Steakhouse, Virginia, Florida, Miami Beach, Miami
In a sign that the tech industry keeps getting weirder, Meta soon plans to release a big update that transforms the Ray-Ban Meta, its camera glasses that shoot videos, into a gadget seen only in sci-fi movies. Next month, the glasses will be able to use new artificial intelligence software to see the real world and describe what you’re looking at, similar to the A.I. software, they can be used to scan famous landmarks, translate languages and identify animal breeds and exotic fruits, among other tasks. software, wearers just say, “Hey, Meta,” followed by a prompt, such as “Look and tell me what kind of dog this is.” The A.I. then responds in a computer-generated voice that plays through the glasses’ tiny speakers.
Persons: Meta, Ray, Ban,
Rent prices for one- and two-bedroom apartments grew in March for the first time in six months. The monthly cost for a one-bedroom apartment across the U.S. bumped up to $1,487, a 0.3% increase from February. The price of a typical two-bedroom apartment also jumped 0.5% to $1,847, according to a new report by Zumper, a real estate data site. For example, the rent price for a one-bedroom apartment in Baltimore, Maryland, is $1,390, down 0.7% from a year ago, per Zumper. "As we get closer and closer to summer, we start to see rent prices increase in more places."
Persons: Zumper, Crystal Chen, Jacob Channel, Susan M Organizations: Zumper, Finance, The Wharton School, University of Pennsylvania Locations: U.S, Baltimore , Maryland, Zumper . Arizona
CNN —Spanish prosecutors are seeking a prison term of two years and six months for former soccer chief Luis Rubiales for giving an unwanted kiss to star forward Jennifer Hermoso after Spain’s World Cup victory. The kiss was televised globally and the scandal overshadowed a historic moment for Spain’s women’s team which was celebrating its first-ever World Cup win. Rubiales described the kiss as “mutual” – a claim Hermoso has strongly denied – and said he faces “excessive persecution” from authorities. Vilda had been filmed seeming to inappropriately touch a female staff member during the Women’s World Cup Final. He was replaced by Montse Tomé, the first woman in Spanish national team history to hold the position.
Persons: Luis Rubiales, Jennifer Hermoso, Rubiales, Hermoso, Spain’s, , Jorge Vilda, Albert Luque, Rubén Rivera, CNN Rubiales, Spain’s women’s, Vilda, Montse Tomé Organizations: CNN, Public Ministry, Royal Spanish Football Federation, FIFA, Prosecutors, Spanish, Hermoso Locations: Spain, Spanish
Tensions between the US and Israel were further exposed on Monday when Washington stood aside and allowed the UN Security Council to pass a resolution calling for an immediate ceasefire in Gaza. The US decision to abstain from the vote prompted Israel’s Prime Minister Benjamin Netanyahu to cancel a scheduled trip to the US by two of his top advisers, two Israeli officials said. US and Israeli officials were expected to discuss alternatives to a planned Israeli military ground offensive in Rafah, southern Gaza. Despite US pressure, Netanyahu is determined to launch a ground offensive into the Gazan city, where about 1.4 million people are sheltering in dire conditions. Here are the latest developments in the conflict:
Persons: Washington, Benjamin Netanyahu, We’re, John Kirby, Netanyahu Organizations: UN Security Council, Israel’s, National Security Locations: Israel, Gaza, Rafah, Washington, Gazan
China warned the Philippines on Monday to behave cautiously and seek dialogue, saying their relations were at a "crossroads" as new confrontations between their coastguards over maritime claims deepened tensions. China warned the Philippines on Monday to behave cautiously and seek dialogue, saying their relations were at a "crossroads" as new confrontations between their coastguards over maritime claims deepened tensions. The message was delivered by Chinese Vice Foreign Minister Chen Xiaodong during a phone call with Philippine counterpart Theresa Lazaro amid worsening friction over altercations at the Second Thomas Shoal in the South China Sea. In the call, Lazaro relayed Manila's "strongest protest against the aggressive actions" by the China Coast Guard and maritime militia against a Philippines' resupply mission in the South China Sea, her ministry said in a statement. The Philippines accused China's coastguard of using water cannon against a civilian boat supplying troops on Saturday at the Second Thomas Shoal, which it said had damaged the boat and injured some crew.
Persons: Chen Xiaodong, Theresa Lazaro, Thomas Shoal, Lazaro, Manila's, Chen, Thomas Organizations: Foreign, Philippine, China Coast Guard, China's coastguard Locations: China, Philippines, Spratly, South China
CNN —Taylor Swift’s father will not face charges for allegedly assaulting a paparazzi photographer in Sydney last month, Australian police have confirmed. “No further police action” would be taken, the spokesperson said of the case involving Swift’s 71-year-old father Scott, dubbed “Papa Swift” by many of the megastar’s fans. Sharing his account with CNN, McDonald said one of Swift’s security guards had forced an umbrella into his face and camera. Scott Swift punched him after that, he said. In response to McDonald’s claims, a spokesperson for Swift told CNN that threats had been made against a member of her staff.
Persons: CNN — Taylor Swift’s, , , Scott, “ Papa Swift, Ben McDonald, Scott Swift, McDonald, Swift’s, ” McDonald, Swift, Taylor Organizations: CNN, New, Police Force, NSW Locations: Sydney, New South Wales, NSW, Sydney Harbor, Australia
The ex-soccer chief, Chen Xuyuan, was jailed on Tuesday alongside multiple senior sporting executives, according to state media, following a months-long investigation. Five years later, the Chinese soccer association unveiled a plan to make the country a “world football superpower” by 2050. The Chinese men’s soccer team currently sits third in its FIFA World Cup qualify group, with four points, behind group leader South Korea, and second placed Thailand. Last Thursday, the team drew 2-2 with city-state Singapore, in a major blow to the country’s World Cup 2026 dream. The two sides face off again, on Tuesday, in what is being billed as a crunch match for underperforming China.
Persons: Chen Xuyuan, Xi, Chen, Yu Hongchen, Li Tie, , , Chen Yongliang, Yu, Dong Zheng Organizations: Hong Kong CNN, league, Chinese Super League, Winter, men’s, soccer, FIFA World, South Locations: Hong Kong, Chinese, Hubei, Huangshi, China, South Korea, Thailand, Singapore
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