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Fan Bingbing spotlights Asian designers at Cannes
  + stars: | 2023-05-25 | by ( Oscar Holland | ) edition.cnn.com   time to read: +5 min
Making her first appearance at Cannes since 2018, Fan arrived at last Tuesday’s opening event (the premiere of Johnny Depp’s new film “Jeanne du Barry”) wearing a creation by Christopher Bu. Fan Bingbing attends the Red Sea International Film Festival's "Women's Stories Gala" wearing an outfit by South Korean label Miss Sohee. Fan Bingbing in a golden gown by Vietnamese fashion designer Chung Thanh Phong. Her looks at Cannes have not been exclusively by Asian designers. Fan attending the Oscars in March 2023, one of her first public appearances outside China since a tax controversy threatened to derail her career.
Persons: Fan Bingbing, Louis Vuitton, Fan, Johnny Depp’s, Jeanne du Barry ”, Christopher Bu, Sohee, Daniele Venturelli, Miss Sohee, Chung Thanh, Jimmy Choo, Harvey Cenit, Chung Thanh Phong, Arnold Jerocki, FanBingbingCannes, Mikael D, Mikael Derderian, Wes Anderson’s, Tamara Ralph, Ralph, Russo, , Emma McIntyre, Jessica Chastain, Penélope Cruz, Tony Ward Couture Organizations: CNN, Cannes, South, Palais des, Red Sea, Miss, Sohee, Canadian, Forbes, Global Times, The Berlin, Fashion Locations: China, South Korean, Korean, Weibo, Lebanese, Charleston
Are the travails of the bond market, like Macbeth expounds, a "tale told by an idiot, full of sound and fury, signifying nothing?" The billionaire class — so incorrectly sought after by the media — so often seems to use the bond market as a sort of intellectual cudgel. That's why I always start my discussion on bonds with the simple query of "where are the layoffs, not forget about stocks, think fixed income." Here the bond market polices only those companies that haven't pivoted to making a profit. They, among all sectors, could be pummeled by the bond market freeze and by the consumers' paralysis.
MLB roundup: Rafael Devers homers twice as Red Sox top Padres
  + stars: | 2023-05-20 | by ( ) www.reuters.com   time to read: +12 min
Rizzo hit a two-run homer on a 2-2 pitch to right off Ian Gibaut for a 3-0 lead in the sixth. Christopher Morel hit a two-run homer and scored three times and Nick Madrigal had two hits, two RBIs and scored twice for the Cubs, who ended a five-game losing streak. Phillies starter Ranger Suarez (0-1) allowed four runs and five hits in two innings, striking out four and walking three. Adam Frazier added a two-run homer and Anthony Santander had a solo shot for the Orioles to open a three-game series. Gabriel Arias delivered a two-run homer in the top of the 10th before the Mets scored three times in the bottom of the inning.
In particular, Chang believes that mega-cap tech stocks have gotten overextended, and are expensive relative to the rest of the market. But looking below the surface, Chang says that most of this appreciation has been concentrated within a handful of mega-cap tech stocks. Once the recession begins to ease, Chang believes that cyclical names linked to economic strength will start to outperform. That includes tech stocks — specifically semiconductor companies. However, Chang believes that a recessionary period should present better entry points for any investors interested in buying riskier high-yield fixed income assets.
MLB roundup: Cardinals blitz Brewers 18-1
  + stars: | 2023-05-16 | by ( ) www.reuters.com   time to read: +5 min
Jack Flaherty (3-4) fanned a season-high 10 while blanking the Brewers on three hits in seven innings as the Cardinals won for the seventh time in eight games. Freddy Peralta (4-3) allowed six runs on six hits and five walks in 5 1/3 innings for the Brewers, whose three-game winning streak ended. Adam Frazier and Anthony Santander each hit a two-run homer and Cedric Mullins added a solo shot for the Orioles. Raleigh, who went 3-for-5, hit two-run shots in the fifth and sixth innings, logging his second multi-homer game of the season. Eugenio Suarez also blasted a two-run homer as part of Seattle's 15-hit attack.
Polls: Where is Trump polling today?
  + stars: | 2023-05-10 | by ( Harry Enten | ) edition.cnn.com   time to read: +5 min
Trump is polling, on average, north of 50% in national polls of likely GOP primary voters. There are very few candidates, of either party, in nonincumbent races who were near or north of 50% in the national primary polls this early on. Trump has now opened up a 20-point advantage in the latest UNH survey among likely GOP primary voters. Of course, if it was solely the polls where Trump was ahead, that might be one thing. It will take something big to knock him off his perch at the top of the Republican polls.
MLB roundup: Red Sox beat Phillies for 7th straight win
  + stars: | 2023-05-06 | by ( ) www.reuters.com   time to read: +7 min
Sale (3-2) allowed three runs on seven hits and one walk. He allowed seven hits and no walks while striking out five. Hunter Greene (0-2) allowed five runs and seven hits over 5 2/3 innings. The 6-foot-9 Ober, making his third start of the season, lasted seven innings, allowing just singles to Jose Ramirez and Oscar Gonzalez and a double by Josh Naylor. In six innings, he allowed seven runs (five earned), on eight hits, two walks and seven strikeouts.
Iran’s New Friends: Russia and China
  + stars: | 2023-05-05 | by ( David S. Cloud | ) www.wsj.com   time to read: 1 min
On New Year’s Eve in 1977, President Jimmy Carter rose in the glittering banquet hall of Tehran’s Niavaran Palace to toast the deep bonds between the U.S. and Iran. As Shah Mohammad Reza Pahlavi looked on, Mr. Carter showered accolades on the monarch, praising Iran’s modernizing society, attention to human rights and military power. “Iran, because of the great leadership of the Shah, is an island of stability in one of the more troubled areas of the world,” he told his host before they raised their glasses in friendship.
CNN —Former President Donald Trump is considering sitting out one or both of the first two Republican primary debates, three sources told CNN. Julian Zelizer CNNMeanwhile, the Democratic National Committee (DNC) doesn’t have any primary debates scheduled – a move that helps President Joe Biden and hurts his challengers Robert F. Kennedy Jr. and Marianne Williamson. That would be a departure from the norm, since debates have been a big part of presidential politics since World War II. Meanwhile, the Republican primary debates in 2016 often felt like professional wrestling matches as Trump hammered away at a crowded field. The 2020 debates were not quite as thrilling, even though they continued to play a key role in the election.
America Hits Bottom With Trump and Biden in 2024
  + stars: | 2023-05-04 | by ( Joseph Epstein | ) www.wsj.com   time to read: +1 min
What about Joe Biden? How has it come about that the more-than-likely presidential candidates of our two political parties in 2024 turn out to be Donald Trump and Joe Biden? One can of course be a good man and a poor president. But no one would argue that either Mr. Trump or Mr. Biden is a notably good man. Each has been ethically challenged and found wanting: Mr. Trump by his long experience in the New York real-estate world, Mr. Biden by his 36 years in the Senate.
Recent polls tell us that many Americans have questions about the age of the 80-year-old Biden heading into the 2024 election. It’s in everybody’s mind and by everyone, I mean The New York Times.” Biden then added, “Headline: ‘Biden’s advanced age is a big issue. Biden’s reelection campaign (he announced his bid last week) is not the first time that age has been front and center in a presidential campaign. It became even more acute after the first presidential debate in October 1984. At the second presidential debate, however, Reagan was ready for the age question.
Ron DeSantis is polling at RFK Jr.'s level
  + stars: | 2023-04-30 | by ( Harry Enten | ) edition.cnn.com   time to read: +5 min
Ron DeSantis has spent the past few months running to the right ahead of his expected entry into the 2024 Republican presidential primary campaign. So far at least, those efforts have not paid off in Republican primary polling, with DeSantis falling further behind the current front-runner, former President Donald Trump. Early polling problemsThe Fox poll is not alone in showing DeSantis floundering. Candidates polling the way DeSantis is now have gone on to win about 20% of the time. Moderates and liberals made up about 30% of potential Republican primary voters in the Quinnipiac poll.
But undoubtedly, a White House official told CNN, his speech will address the issue of wrongfully detained Americans abroad. US President George W. Bush, left, waves with impressionist Steve Bridges at the White House Correspondents' Dinner in 2006. Roger L. Wollenberg/Pool/Getty Images The White House Correspondents' Dinner is held in 1923. It was started two years earlier by the White House Correspondents' Association, the organization of journalists who cover the president. Roosevelt was congratulating Brandt for winning the first Raymond Clapper Memorial Award, which was given by the White House Correspondents' Association for distinguished reporting.
Don’t Count Ron DeSantis Out
  + stars: | 2023-04-28 | by ( Mark Penn | ) www.wsj.com   time to read: +1 min
Wonder Land: A beside-the-point president is the best thing that has ever happened to the progressive centralization project. Images: Warner Bros/Kobal/Shutterstock/AP/Zuma Press Composite: Mark KellyCan Ron DeSantis beat Donald Trump? When Mr. Trump was the challenger, he polished off Jeb Bush , the Florida governor who once led the pack. Mr. Trump leads Mr. Biden in the RealClearPolitics polling average. A Trump-Biden rematch is a risky proposition, and with the Democrats consolidated around Mr. Biden, the only way to avoid it is through the Republican primary.
Why Joe Biden Decided to Run Again
  + stars: | 2023-04-27 | by ( Ken Thomas | Catherine Lucey | ) www.wsj.com   time to read: 1 min
Photo Illustration: Ryan TrefesWASHINGTON—By the time Ronald Reagan turned 80, he was a former president, watching the end of the Cold War unfold from his home in California. At the same age, Jimmy Carter was deep into his postpresidential work promoting democracy around the globe, while George H.W. Bush was months away from seeing his son win a second term as president. Now 80, President Biden is embarking on a path with no precedent in American political history, as he is running for a second term. He is driven to stay in one of the world’s most challenging jobs at a moment when many Americans are years into their retirement—and as polls show majorities of voters, including many Democrats, don’t believe he should run again.
Joe Biden’s Second Basement Campaign
  + stars: | 2023-04-27 | by ( Karl Rove | ) www.wsj.com   time to read: 1 min
Wonder Land: A beside-the-point president is the best thing that has ever happened to the progressive centralization project. But its success in 2024 depends on whether Republicans back Trump or not. Images: Warner Bros/Kobal/Shutterstock/AP/Zuma Press Composite: Mark KellyA three-minute video issued at the crack of dawn Tuesday was a strange way to launch President Biden’s re-election bid. Granted, President Obama announced he would run for a second term by video in April 2011, but no one questioned his energy and mental acuity. If he’s re-elected and serves four years, he would be 86—older than all but seven former presidents ever lived, including Jimmy Carter , who is 98 and left office at 56.
At this point, Biden doesn’t look likely to break that streak. First, primary endorsements are as good a predictor at this point of primary success as polling is. Second, it’s true that Democratic primary voters tell pollsters they are open to listening to a credible challenger to Biden. So it’s not like Democratic voters will be kicking and screaming if they have to support Biden for another term. Trump, like Biden, seems to have two things going for him: a large share of Republican voters and the party behind him.
CNN —President Joe Biden was the toast of Ireland last week, as he was treated to a hero’s welcome in a pageant-laden return to his ancestral home. Biden, who is expected to formalize his plans next week, has a significant body of achievements on which to run. So is the absence of a real primary challenge simply the luck of the Irish? Perhaps with that primary battle in mind, Biden has worked assiduously to court the progressive wing of the party, from which such Democratic primary challenges generally arise. Finally, there is former President Donald Trump, whose candidacy is a boost to Biden among Democrats.
American Express posted earnings per share of $2.40 for the first quarter, below an estimate of $2.66, per Refinitiv. On Wednesday, the casino and resort company posted a beat on first-quarter earnings. The decline comes a day after Zions missed earnings expectations in the first quarter. The company posted earnings of $2.73 per share on revenue of $7.97 billion. The downgrade comes ahead of the defense firm's first quarter earnings report, which is set to release April 25.
CNN —Robert F. Kennedy Jr., the anti-vaccine activist and environmental lawyer, described himself as a truth-teller who will “end the division” as he launched his bid for the 2024 Democratic presidential nomination on Wednesday in Boston. Some Kennedy family members have denounced his views on vaccines. Kennedy lives in Los Angeles, but he chose Boston as a nod to his family’s deep political roots in the city, even though his father, Robert F. Kennedy, declared his presidential ambitions in the Senate Caucus Room on Capitol Hill in 1968, the same place his uncle, John F. Kennedy, launched his presidential campaign in 1960. “I’m a lifelong Democrat, but I will not be voting for Robert Kennedy Jr. because I cannot stomach the anti-vaccine thing,” said Tyson Humble of Portland, Oregon, who was visiting the John F. Kennedy Presidential Library and Museum. Caroline Kennedy, the daughter of former President Kennedy, is currently the US ambassador to Australia.
Biden trails recent Democratic incumbent presidents on the issue: Barack Obama announced he would run for a second term in 2012 on April 4, 2011, and Bill Clinton's 1996 re-election announcement was April 14, 1995. Jimmy Carter, however, waited until Dec. 4, 1979, to announce his 1980 re-election run. He would be 86 at the end of a prospective second term. But the trip here just reinforced my sense of optimism about what can be done," Biden told reporters at the tail-end of an emotional trip to Ireland last week. This week, Biden plans remarks on childcare and environmental justice, along with a visit to a labor union training facility in Maryland to talk about the economy.
Three investors on how to protect your portfolio
  + stars: | 2023-04-16 | by ( Krystal Hur | ) edition.cnn.com   time to read: +5 min
New York CNN —Wall Street has been hit with a barrage of complex signals about the economy’s health over the past month. From banking turmoil to weakening jobs data to slowing inflation, and now the start of earnings season, investors have remained largely resilient. So, how should investors protect their portfolios? Investors say there isn’t one asset that Wall Street should pile all their bets on, but there are fundamentals that should underlie their investment strategies. Doug Fincher, portfolio manager at Ionic Capital Management, says investors should brace their portfolios against inflation.
Bob Marley and the Wailers’ ‘Catch a Fire’ Turns 50
  + stars: | 2023-04-15 | by ( Marc Myers | ) www.wsj.com   time to read: 1 min
Jamaican music was hardly foreign to American ears or the U.S. pop charts in 1973. Starting with Harry Belafonte ’s recording of “Day-O (The Banana Boat Song)” in 1956, singles became hits using Jamaica’s brassy ska and mellow rocksteady styles. These included Millie Small’s “My Boy Lollipop” (1964), Johnny Nash ’s “Hold Me Tight” (1968) and “I Can See Clearly Now” (1972), the Beatles’ “Ob-La-Di, Ob-La-Da” (1968) and Desmond Dekker & the Aces’ “Israelites” (1968). Then, in February 1973, the Jamaican crime film “The Harder They Come,” starring singer Jimmy Cliff , was released in the U.S. along with the soundtrack album. Many Americans were exposed for the first time to reggae—a bass-heavy rhythmic style that emerged in 1968 with the Maytals’ “Do the Reggay.”
Opinion: Why Biden is lying low ahead of 2024
  + stars: | 2023-04-14 | by ( Julian Zelizer | ) edition.cnn.com   time to read: +6 min
Editor’s Note: Julian Zelizer, a CNN political analyst, is a professor of history and public affairs at Princeton University. But when the ensuing conversation doesn’t go his way, he unleashes on them, declaring, “You are not serious figures. I love you, but you are not serious people.”The line is powerful — and may just capture the way President Joe Biden and Vice President Kamala Harris are approaching the declared and expected GOP candidates ahead of the 2024 campaign. Among the GOP candidates, former President Donald Trump was the first to announce his campaign five months ago. Biden might be boring and fly under the radar much of the time, but that is the image of normality that helped him win in 2020.
MLB roundup: Rays beat A's to stay undefeated
  + stars: | 2023-04-08 | by ( ) www.reuters.com   time to read: +10 min
Stroman has allowed two runs and 17 hits over 32 innings while winning each of his last five home starts. Ji Hwan Bae, Ke'Bryan Hayes and Connor Joe each had an RBI double, and Oneil Cruz and Jason Delay hit RBI singles for the Pirates. Pittsburgh starter Rich Hill allowed seven runs and eight hits in four innings. Alex Cobb (0-1) was the hard-luck loser for the Giants after holding the Royals to two runs on seven hits in seven innings. Kershaw (1-1) took the loss after allowing four runs on seven hits in six innings.
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