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LONDON, Nov 30 (Reuters) - The dollar eased from a one-week high on Wednesday ahead of a speech by Federal Reserve Chair Jerome Powell, while optimism over a possible loosening in China's COVID restrictions set it on course for its biggest monthly loss since late 2010. But after almost two years of near-relentless acceleration in inflation, markets could welcome any sign that the worst may be over. European assets got a lift on Tuesday after inflation in Spain and a number of major German states cooled. It has lost around 4.3% in November, marking its worst monthly performance since September 2010 , according to Refinitiv data. The offshore yuan gained ground against the dollar, which fell 1% to 7.0802.
As China's strict zero-COVID policy aimed at stamping out COVID-19 with lockdowns and quarantines has become a lightning rod for frustrations, protests erupted over the weekend as a show of solidarity with rare displays of defiance. Although there were no signs of new protests in Beijing or Shanghai on Monday, the curbs so far have led to concerns over China's economic growth and its trickle-down effect on global companies. ET, Dow e-minis were down 216 points, or 0.63%, S&P 500 e-minis were down 33.75 points, or 0.84%, and Nasdaq 100 e-minis were down 99 points, or 0.84%. On Friday, the Nasdaq closed lower, weighed down by Apple in a subdued holiday-shortened trading session for Wall Street. Reporting by Ankika Biswas and Shreyashi Sanyal in Bengaluru; Editing by Savio D'Souza and Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.
We’ve exposed a way bigger fish than what I ever expected to find,” Leydon told CNN. He revealed that he’d had a four-month affair with the schoolteacher from February to June, 1997 – the same month she left Australia. Two years after Barter left Australia for Europe, Janet Oldenburg took a similar trip with Blum, who she knew as Ric West. She filed a police report and the inquest heard Blum told police he sent all the jewelry back. In court, Blum denied her claims and accused her of lying.
Republican leader Kevin McCarthy is struggling to secure the 218 votes he needs to be elected speaker of the House in January. In this game of chicken, if the conservatives don’t blink and McCarthy refuses to back down, it could result in a chaotic floor fight with House members taking multiple votes for speaker — something that has not happened in a century. The House was called to order at noon and the chamber moved to the first order of business: electing the speaker. The House held three more unsuccessful votes for speaker that day before adjourning just after 2 p.m. The date was Feb. 2, 1856, two months after the first speaker vote.
NHL roundup: Devils dump Habs for 10th straight win
  + stars: | 2022-11-16 | by ( ) www.reuters.com   time to read: +6 min
Jonathan Marchessault and Jack Eichel scored for the Golden Knights, who took their second straight loss following a nine-game winning streak. Boone Jenner added two goals and Eric Robinson contributed one goal and one assist for the Blue Jackets. Canucks 5, Sabres 4Bo Horvat notched a goal and two assists as Vancouver ended a three-game losing streak with a win in Buffalo. Predators 2, Wild 1Matt Duchene had a goal and an assist for Nashville in a win against visiting Minnesota. Dylan Strome and John Carlson scored for the Capitals, who got 38 saves from Darcy Kuemper.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's unfortunate that the G-20 meeting has been 'so politicized,' says analystFrederick Kliem, research fellow at RSIS, says energy security, global health and inflation are the items on the official agenda.
NHL roundup: Surging Jets tie it late, sink Kraken in OT
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +5 min
With Winnipeg goalie David Rittich pulled for the extra skater, Blake Wheeler scored his 300th career NHL goal on the power play to tie the score with 5.2 seconds left. Jordan Eberle and Brandon Tanev scored for Seattle, which is 5-1-1 in its past seven games. The Kraken took a 2-1 lead on Tanev's goal at 7:02 of the third. Bruins 5, Canucks 2Five different players scored goals and defenseman Hampus Lindholm assisted on three as Boston downed visiting Vancouver for its fourth straight win. Travis Konecny scored the lone goal for the Flyers, who went 0-for-6 on the power play en route to losing their third straight game.
[1/2] Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. "At best it reduced the likelihood of a three-quarter point rate hike in December and brought it down to a half-point hike. ET, Dow e-minis were up 148 points, or 0.44%, S&P 500 e-minis were up 19 points, or 0.48%, and Nasdaq 100 e-minis were up 69 points, or 0.59%. Shares of megacap companies extended gains in premarket trading, with Alphabet Inc (GOOGL.O) up 0.8% after a near 9% surge in the previous session. Reporting by Shubham Batra, Sruthi Shankar and Devik Jain in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.
Lauren Held and Kyle Frederick didn’t think they could afford to own a home anytime soon, especially in Seattle’s pricey housing market. “It seemed way too competitive, with way too much tech money all around us,” she said. So the couple, both North Carolina natives, started casually hunting for a house to buy, hoping something would work out. “But we were still seeing multiple offers.”They wanted to stay in north Seattle, preferably in an area like Phinney Ridge. The pandemic market was cooling, but homes in north Seattle were still going for over asking price.
Wall Street awaits midterm vote tallies
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: +6 min
Republicans were favored to win control of the House of Representatives and possibly the Senate, polls and betting markets showed earlier, though it may be hours before all vote tallies are known. read moreCOMMENTS:CHARU CHANANA, MARKET STRATEGIST, SAXO MARKETS, SINGAPORE"The race seems to be closer than expected, especially for the Senate. "That said, if the Republicans take the Senate along with the House that provides a pro-business backdrop for the market." "A Republican win will in generally be positive for equities, but inflationary risk is unlikely to be mitigated nor accelerated." IPEK OZKARDESKAYA, SENIOR ANALYST, SWISSQUOTE BANK"From an investor point of view, a Republican win in both chambers is a good outcome for the stocks.
3 Wall Street awaits midterm vote tallies in upbeat mood
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: +3 min
The S&P 500 (.SPX) rose 0.56% on Tuesday during voting that will determine control of the U.S. Congress, with investors betting on a political stalemate that could prevent major policy changes. Republicans are favored to win control of the House of Representatives and possibly the Senate, polls and betting markets show, though it may be hours before all vote tallies are known. BROOKS RITCHEY, CO-CIO, K2 ADVISORS"If we get a split Congress, we might have to adjust our portfolios to be less defensive than we are today." JACK ABLIN, CHIEF INVESTMENT OFFICER, CRESSET CAPITAL, CHICAGO"I think the markets are rallying at the prospect of gridlock." Compiled by the Global Finance & Markets Breaking News teamOur Standards: The Thomson Reuters Trust Principles.
Donald Trump has five children between two of his former wives and his current wife Melania Trump. Donald Trump Jr., Eric Trump, and Ivanka Trump are children with his first wife, Ivana Trump, who died on July 14. Getty Images/Joe CorriganNow a father of five, Donald Trump Jr. was 12 when Ivana Trump and Donald Trump Sr. divorced. In 2001, a year after he graduated from college, Donald Trump Jr. went to work for his dad for the second time. He told New York magazine that Donald Trump Jr. is like his mentor and Ivanka Trump is like his second mother.
David Solomon had been shrinking the size of Goldman's partner ranks to make it more exclusive. On Wednesday, the firm named 80 new partners, its largest class since Solomon became CEO in 2018. Goldman Sachs promoted 80 people to partner status on Wednesday, marking the largest class since David Solomon took over as CEO in 2018. Goldman's partner class has been steadily shrinking since David Solomon took over as CEO in 2018. Last year, Goldman gave its roughly 400 partners special one-time payments that added millions of dollars to their already generous year-end bonuses.
It also includes a star fintech banker and leading voice on the Black experience on Wall Street. Here are 5 top names who will help shape the Wall Street of tomorrow. In the 12 years that he's been at Goldman, Watkins has helped Goldman advise on some of the technology industry's biggest transactions. He has also been a leading voice in discussing the Black experience on Wall Street. After graduating in 2010, he went to work for the Global Electronic Trading Co., known on Wall Street as GETCO.
The states filed their friend-of-the-court brief in San Jose, California, federal court, where the FTC in July asked a federal judge to bar Meta's acquisition of Los Angeles-based Within. The states, joined by the District of Columbia and Guam, said the deal threatens to "harm competition in the emerging virtual reality space." Circuit to revive the states' claims after a U.S. district court judge dismissed the case. Utah, which also signed the amicus brief, is leading a group of states in an antitrust lawsuit challenging how Google runs its app store. The case is Federal Trade Commission v. Meta Platforms Inc, U.S. District Court for the Northern District of California, No.
Rep. David Trone is running against Republican Neil Parrott in Maryland's 6th Congressional District in a rematch. The 6th District is located in the western region of the state. Democratic Rep. David Trone once again faces off against Republican Neil Parrott in Maryland's 6th Congressional District in a rematch. 2022 General EmbedsMaryland's 6th Congressional District candidatesTrone, first elected in 2018, serves on the House Appropriations and Veterans' Affairs Committees and the Joint Economic Committee. Voting history for Maryland's 6th Congressional DistrictMaryland's 6th Congressional District covers all of Frederick County.
There have only been two Black elected governors in US history, but that could change on Tuesday. With the victory, Wilder became the first Black elected governor in the United States, generations after P.B.S. He said people brag about him as the first Black governor elected in America. However, this year, Black gubernatorial candidates weren't overly reliant on the party leadership to help them land the nominations in their respective states. At the end of the day, if that's what I accomplished, that's not enough," Moore told Insider.
URBANA, Md.—Three conservative school board candidates have been knocking on doors and going to parades in Frederick County, Md., in the run-up to the midterms, campaigning with a message that they will curb what they say is the injection of misguided ideas about gender, sexuality and race in classroom instruction in the politically purple region. The group, calling itself Education Not Indoctrination and backed by a political-action committee pumping money into similar efforts around the U.S., will square off in Tuesday’s election against a four-candidate slate supported by teachers unions, in a contest that both sides say carries high stakes for the school district’s more than 45,000 students.
When Did Linoleum Get So Luxe?
  + stars: | 2022-11-04 | by ( Sarah Karnasiewicz | ) www.wsj.com   time to read: +1 min
FOR DECADES linoleum has been shorthand for downmarket and drab, the stuff of dingy, unrenovated kitchens and hospital corridors. But lately that bad rap is fading, thanks to creative, environmentally conscious designers who are approaching the material with fresh eyes. In the linoleum renaissance, the colors are rich and sophisticated, the patterns unexpected. In cabinetry and furnishings as well as underfoot, these new, elevated versions argue persuasively that the utilitarian workhorse can deliver practicality with panache. “Around 2000, you started to see a fetishization of luxury and ‘natural’ materials like stone and wood,” said Ms. Lange.
watch nowThe top European business representative in China downplayed concerns over Germany's economic reliance on China as German Chancellor Olaf Scholz makes his maiden in-person visit to Beijing. President of the EU Chamber of Commerce in China Joerg Wuttke told CNBC's "Squawk Box Asia" on Friday that many of Germany's imports from China are replaceable, when asked if the European country had become dependent on China for many of its goods. Experts largely agreed with Wuttke but warned that Germany needed to step up its diversification from with China. and international relations expert from the S. Rajaratnam School of International Studies, largely agreed with Wuttke's comments, given Wuttke's extensive knowledge of Germany's stakes in China. He said Germany must reduce its dependency so that it is neither susceptible to blackmail by Beijing, nor unable to implement sanctions.
Rich Rotella, 38, is an actor who had limb-lengthening surgery to advance his career. The surgery itself took four hours, but the recovery is the most time-consuming part — it's a slow, painful process. Rotella in a wheelchair after his limb-lengthening surgery. Rotella on a bike machine during his rehab from limb-lengthening surgery. I don't pay heed to negative reactions that I've gotten from the people around me who still think I was wrong to do this, because limb-lengthening surgery is just like any other cosmetic surgery.
Rep. David Trone is running against Republican Neil Parrott in Maryland's 6th Congressional District in a rematch. The 6th District is located in the western region of the state. Maryland's 6th Congressional District candidatesTrone, first elected in 2018, serves on the House Appropriations and Veterans' Affairs Committees and the Joint Economic Committee. Voting history for Maryland's 6th Congressional DistrictMaryland's 6th Congressional District covers all of Frederick County. The money raceAccording to OpenSecrets, Trone has raised $13 million, spent $8.2 million, and has $4.9 million on hand, as of October 19.
Hopes the Fed may pull back from its aggressive interest rate hike policy have lifted equities in recent weeks, with the S&P 500 notching a gain of nearly 9% over the past two weeks. The Dow booked its biggest monthly percentage gain in decades and biggest October percentage gain since at least 1900. Comments from Fed officials after the policy decision as well as labor market data later this week will help shape market expectations for future hikes starting at the December meeting. According to preliminary data, the S&P 500 (.SPX) lost 28.55 points, or 0.73%, to end at 3,872.51 points, while the Nasdaq Composite (.IXIC) lost 112.37 points, or 1.03%, to 10,990.08. Nearly all 11 S&P 500 sectors fell, with technology (.SPLRCT) and communication services (.SPLRCL) the worst performers with declines of more than 1%.
Twitter’s new “Chief Twit” spent the weekend tweeting — and it’s still not much clearer what Elon Musk will do with his new company. He denied a report from The New York Times that he planned to make major layoffs Monday ahead of a date when many Twitter employees receive stock grants. Musk has surrounded himself with Silicon Valley veterans, some of whom have criticized Twitter’s moderation work. Later, he appeared to poke fun at his deleted tweet while also taking a swipe at The New York Times. “This is fake — I did *not* tweet out a link to The New York Times!” Musk wrote alongside a screenshot of the Times’ coverage of his deleted tweet.
NHL roundup: Ducks win in OT to end 7-game slide
  + stars: | 2022-10-31 | by ( ) www.reuters.com   time to read: +4 min
[1/5] Oct 30, 2022; Anaheim, California, USA; Anaheim Ducks center Trevor Zegras (11) passes during the 2nd period against the Toronto Maple Leafs at Honda Center. Zegras finished a rush with a shot from the left circle for his sixth goal of the season, ending Anaheim's seven-game losing streak. Yegor Chinakhov scored in the second period for the Blue Jackets, who have lost three straight and four of five. Golden Knights 2, Jets 1 (OT)Jack Eichel scored with seven seconds remaining in overtime as Vegas edged Winnipeg in Las Vegas. Lawson Crouse and Nick Bjugstad scored for Arizona, which dropped its second straight at Arizona State University's 5,000-seat Mullett Arena.
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