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☆ The Half-Madness of Prince Harry
  + stars: | 2023-01-13 | by ( Peggy Noonan | ) www.wsj.com   time to read: +1 min
Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She has been a fellow at Harvard University’s Institute of Politics, and has taught in the history department at Yale University. Before entering the Reagan White House, Noonan was a producer and writer at CBS News in New York, and an adjunct professor of Journalism at New York University. She was born in Brooklyn, New York and grew up there, in Massapequa Park, Long Island, and in Rutherford, New Jersey. In November, 2016 she was named one of the city's Literary Lions by the New York Public Library.
☆ Normal Republicans, Stand Up to the Fringe
  + stars: | 2023-01-06 | by ( Peggy Noonan | ) www.wsj.com   time to read: +1 min
Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She has been a fellow at Harvard University’s Institute of Politics, and has taught in the history department at Yale University. Before entering the Reagan White House, Noonan was a producer and writer at CBS News in New York, and an adjunct professor of Journalism at New York University. She was born in Brooklyn, New York and grew up there, in Massapequa Park, Long Island, and in Rutherford, New Jersey. In November, 2016 she was named one of the city's Literary Lions by the New York Public Library.
☆ Bank of America downgrades Chevron, calls energy stock a 'victim of its own success'
  + stars: | 2023-01-06 | by ( Alex Harring | ) www.cnbc.com   time to read: +1 min
Chevron likely won't see as large of gains as it did in 2022, Bank of America warned. Analyst Doug Leggate downgraded the stock to neutral from buy on Friday. The stock gained more than 50% in 2022 as energy prices soared following Russia's invasion of Ukraine. Still, Leggate said Chevron leads oil producers in capital discipline and has been able to execute large-scale projects following the 2015 drop in oil prices. He also said the acquisition of Noble Energy would "add long life production with options built around regional exploration."
☆ A bad market omen: Apple and Tesla denting market sentiment to start the year
  + stars: | 2023-01-04 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +3 min
It was a sloppy start to the year for stocks, and the steep decline in two market darlings — Apple and Tesla — is not a good omen for the market in 2023. The S & P 500 was down as much as 1.2% on Tuesday and dipped below the key 3,800 level. "I think Apple has a major influence on market sentiment. Though, she added that Tesla is much less of an impact on overall market action than Apple because of the tech giant's huge market cap. Stockton also said the S & P 500 could break down several hundred points below that and reach 3,200.
☆ Final farewell: From Sidney Poitier to Pope Emeritus Benedict a look back at the influential figures who died in 2022
  + stars: | 2023-01-01 | by ( Associated Press | ) www.nbcnews.com   time to read: +55 min
Other world leaders who died in 2022 include former Soviet leader Mikhail Gorbachev, who died in August. The final days of 2022 saw the loss of some exceptionally notable figures, including Pope Emeritus Benedict XVI. Here is a roll call of some influential figures who died in 2022 (cause of death cited for younger people, if available):___JANUARY___Dan Reeves, 77. A Cuban-born artist whose radiant color palette and geometric paintings were overlooked for decades before the art world took notice. A prolific character actor best known for playing villains and tough guys in “The Manchurian Candidate,” “Ocean’s Eleven” and other films.
☆ Why George Santos’s Lies Matter
  + stars: | 2022-12-30 | by ( Peggy Noonan | ) www.wsj.com   time to read: +1 min
Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She has been a fellow at Harvard University’s Institute of Politics, and has taught in the history department at Yale University. Before entering the Reagan White House, Noonan was a producer and writer at CBS News in New York, and an adjunct professor of Journalism at New York University. She was born in Brooklyn, New York and grew up there, in Massapequa Park, Long Island, and in Rutherford, New Jersey. In November, 2016 she was named one of the city's Literary Lions by the New York Public Library.
☆ Special Report: Boy Scouts, Catholic dioceses find haven from sex abuse suits in bankruptcy
  + stars: | 2022-12-30 | by ( Kristina Cooke Mike Spector Benjamin Lesser Dan Levine Disha Raychaudhuri | Kristina Cooke | Mike Spector | ) www.reuters.com   time to read: +19 min
The Boy Scouts, for instance, said on a website the group set up for restructuring that it launched a “comprehensive noticing campaign” in the media. He sought compensation in the Boy Scouts bankruptcy in June, long after a deadline of November 16, 2020 for filing claims. The Boy Scouts bankruptcy reorganization plan, approved by a judge in September, halts all lawsuits against the Boy Scouts, local councils, churches and other organizations that chartered scouting activities. His case was halted by the Boy Scouts bankruptcy. Later that year, in August, he filed his lawsuit against defendants including a Boy Scouts local council and DeSandre.
☆ Geodis’s Marie-Christine Lombard Sees Global Forces Continuing to Reshape Trade Flows
  + stars: | 2022-12-28 | by ( Paul Berger | ) www.wsj.com   time to read: +6 min
Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. MS. LOMBARD: The supply chain used to be quite seamless and fluid. The world order has a huge impact on the supply chain and its stability. The difference is that the supply chain itself was not disrupted. The entire supply chain is being rethought and recalibrated and re-costed.
☆ Former Maldives president Yameen to appeal 11-year jail term
  + stars: | 2022-12-26 | by ( Mohamed Junayd | ) www.reuters.com   time to read: +2 min
MALE, Dec 26 (Reuters) - Former Maldives president Abdulla Yameen will appeal as soon as possible against his conviction and jailing for 11 years on corruption and money laundering charges, said his lawyer. Yameen, the opposition Progressive Party of Maldives (PPM) candidate for the next election due in 2023, was sent to a prison on Maafushi island on Sunday to start his sentence following the order from the Maldives criminal court. Former Maldives vice president Mohamed Jameel Ahmed, who is leading Yameen's legal team, said they will appeal against the criminal court's verdict without delay. Yameen, who lost power in 2018, will remain the party's presidential candidate for the 2023 election, it said. The PPM also alleged that India had "directly interfered" with the judicial process during the trial of Yameen.
☆ Spare Us a Trump-Biden Rematch
  + stars: | 2022-12-23 | by ( Peggy Noonan | ) www.wsj.com   time to read: +1 min
Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She has been a fellow at Harvard University’s Institute of Politics, and has taught in the history department at Yale University. Before entering the Reagan White House, Noonan was a producer and writer at CBS News in New York, and an adjunct professor of Journalism at New York University. She was born in Brooklyn, New York and grew up there, in Massapequa Park, Long Island, and in Rutherford, New Jersey. In November, 2016 she was named one of the city's Literary Lions by the New York Public Library.
☆ Turnover surges as funds rush to exit private equity stakes
  + stars: | 2022-12-19 | by ( Rae Wee | ) www.reuters.com   time to read: +5 min
Conceived as an illiquid but lucrative method of accessing unlisted companies, private investments are typically structured into funds run by buyout firms. Investment firm Hamilton Lane says an unprecedented $224 billion in private equity stakes have been offered in the secondary market this year to mid-November. Others want to deploy their capital elsewhere - a sign that private equity funds are no longer so highly regarded. The need to sell to rebalance can occur when, as this year, private equity funds have outperformed public markets. On paper, plenty of private investments, which are typically valued quarterly, appear to have done very well this year.
☆ ‘Fortnite’ maker Epic Games to pay $520 million in record-breaking FTC settlement
  + stars: | 2022-12-19 | by ( Brian Fung | ) edition.cnn.com   time to read: +5 min
In a second and separate settlement, Epic will pay $245 million as refunds to consumers who were allegedly harmed by user-interface design choices the FTC claimed were deceptive. That agreement is the largest administrative order in FTC history, the FTC added. The FTC’s complaint and proposed settlement dealing with children’s privacy was filed in the US District Court for the Eastern District of North Carolina. In its blog post, Epic said it has agreed with the FTC to implement a feature that explicitly asks Fortnite users whether to save their payment information for future use. The FTC said that as part of its children’s privacy settlement, Epic may no longer enable text and voice chat by default for teenage Fortnite players or those under the age of 13.
☆ Why Biden's student-loan forgiveness ignited a debate over the fairness of debt relief, according to an ethicist
  + stars: | 2022-12-18 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +7 min
Dr. Kate Padgett Walsh, a debt ethicist, said those people view fairness "too narrowly." President Joe Biden arrived at an answer at the end of August – he would cancel up to $20,000 in student debt for federal borrowers making under $125,000. "Our student debt relief program will help borrowers most at risk of delinquency or default from the pandemic get back on their feet," Education Secretary Miguel Cardona wrote on Twitter. Senate Minority Leader Mitch McConnell said in August that Biden's plan to cancel student debt is "astonishingly unfair." "The financing of higher education is now so broken that we need to think about these questions of fairness and justice."
☆ Disorder at the Border, and in the GOP
  + stars: | 2022-12-16 | by ( Peggy Noonan | ) www.wsj.com   time to read: +1 min
Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She has been a fellow at Harvard University’s Institute of Politics, and has taught in the history department at Yale University. Before entering the Reagan White House, Noonan was a producer and writer at CBS News in New York, and an adjunct professor of Journalism at New York University. She was born in Brooklyn, New York and grew up there, in Massapequa Park, Long Island, and in Rutherford, New Jersey. In November, 2016 she was named one of the city's Literary Lions by the New York Public Library.
☆ Negative mood could pervade market next week as investors search for stability before the holidays
  + stars: | 2022-12-16 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +8 min
Stocks were battered in the past week, as investors reacted to a hawkish message from the Federal Reserve. In the past week, stocks rallied Tuesday after the consumer price index showed a smaller-than-expected increase of 7.1% for November. "There's a lot of housing data next week," said Art Hogan, chief market strategist at B. Riley Financial. Ned Davis Research pointed out in a note this week that there has been a recent negative correlation between stocks and bonds, meaning stocks are falling and so are yields. Ned Davis expects the negative correlation to continue for the foreseeable future, and is watching the rolling one-year correlation between the S & P 500 and the 10-year Treasury yield.
☆ Two boys rescued after bungee ride malfunction at London winter festival leaves them dangling for hours
  + stars: | 2022-12-15 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com   time to read: +2 min
Two teenage boys were left dangling in the air and had to be rescued after a bungee ride malfunctioned at London’s annual "Winter Wonderland” holiday event in Hyde Park. London’s Metropolitan Police were called to the scene Wednesday just after 8:20 p.m. on reports of two people trapped in a bungee ride. Metropolitan Police said by the time officers arrived the boys in the fairground ride cage had been lowered down and they had left the scene. The ride is closed pending further investigation, but all other attractions at Winter Wonderland are operating as normal, the spokesperson said, stressing, "Safety is our highest priority." We also provide regular training for all staff to ensure our visitors can enjoy a fun and safe experience," Hyde Park Winter Wonderland said in a statement.
☆ This relief rally has matured and market risk has heightened, says Katie Stockton
  + stars: | 2022-12-14 | 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 EmailThis relief rally has matured and market risk has heightened, says Katie StocktonKatie Stockton, founder and managing partner of Fairlead Strategies, joins CNBC's 'Squawk Box' to break down the technicals driving the latest market action.
☆ Kagame criticizes U.S. over 'Hotel Rwanda' figure's detention
  + stars: | 2022-12-14 | by ( ) www.reuters.com   time to read: +3 min
WASHINGTON, Dec 14 (Reuters) - Rwandan President Paul Kagame on Wednesday criticized the United States over the concerns it has raised in the case of Paul Rusesabagina, a U.S. permanent resident jailed in Rwanda who was portrayed as a hero in the film "Hotel Rwanda." Kagame, who was in Washington for a U.S.-Africa summit, questioned why Rwanda should release Rusesabagina because he is famous and a permanent resident of the United States. When asked if he would meet with U.S. President Joe Biden, Kagame said he was not sure yet. The United States in May determined that Rusesabagina had been "wrongfully detained," citing a lack of fair trial guarantees during Rusesabagina's trial. Rusesabagina, who was feted around the world after being portrayed by actor Don Cheadle in the 2004 film "Hotel Rwanda," is a vocal critic of Kagame.
☆ The Best Electric Razor for a Smoother Shave
  + stars: | 2022-12-13 | by ( ) www.wsj.com   time to read: +19 min
You can find a capable electric shaver for even less, but the learning curve (and lack of add-ons) could prove problematic. If you’d like to read how we vetted and tested these electric shavers, scroll down for all the details. Best overall electric shaverBuy Side Top Pick Braun Series 7 7027cs $137 at Amazon $ 150 Save $ 13 $139 at Walmart The best combination of performance, accessories and price of any electric shaver. Best lower-price electric shaverAndis ProFoil Lithium Titanium Foil Shaver $55 at Amazon $ 68 Save $ 13 $55 at Walmart This model is priced as low as you’ll want to go for a quality electric shaver. Make sure the electric shaver you’re buying has the accessory package that makes the most sense for your needs and your budget.
☆ Meet 41-year old Judge Aileen Cannon, the Trump-nominated Floridian who will pick the special master to weed through the documents seized at Mar-a-Lago
  + stars: | 2022-12-13 | by ( Kimberly Leonard | Azmi Haroun | ) www.businessinsider.com   time to read: +9 min
Judge Aileen Cannon recently reversed a big win that she had handed Trump's defense team. Judge Aileen Cannon gave her confirmation testimony to the Senate Judiciary Committee over Zoom on July 29, 2020. There, she prosecuted cases involving narcotics, fraud, firearms, and immigration cases, according to her Senate confirmation document. Cannon during her confirmation hearing thanked Rubio as well as fellow Republican Sen. Rick Scott of Florida for their "continued support." "Judge Cannon is a great judge who I am very proud to have enthusiastically supported," Rubio told Insider through his office when asked about the connection.
☆ Only the Voters Can Crush Donald Trump
  + stars: | 2022-12-09 | by ( Peggy Noonan | ) www.wsj.com   time to read: +1 min
Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She has been a fellow at Harvard University’s Institute of Politics, and has taught in the history department at Yale University. Before entering the Reagan White House, Noonan was a producer and writer at CBS News in New York, and an adjunct professor of Journalism at New York University. She was born in Brooklyn, New York and grew up there, in Massapequa Park, Long Island, and in Rutherford, New Jersey. In November, 2016 she was named one of the city's Literary Lions by the New York Public Library.
☆ The stock market is trapped in a clear downtrend, and the situation could get worse
  + stars: | 2022-12-08 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +4 min
They are watching the S & P 500 as it trades below its 200-day moving average after lifting above that threshold briefly. The S & P 500 surpassed the average on Nov. 30 and fell below it Monday. The 200-day is now at 4,040 for the broad-market index, and the S & P 500 closed at 3,933.92 on Wednesday. A loss of short-term momentum "I think the real story is within the downturn, we're losing short-term momentum. Stockton said her indicators showed the flip in the S & P 500 Tuesday.
☆ As WHO pandemic pact talks begin, poor countries on back foot
  + stars: | 2022-12-07 | by ( Emma Farge Jennifer Rigby | Emma Farge | Jennifer Rigby | ) www.reuters.com   time to read: +4 min
South Africa, Pakistan and India were among countries that made formal requests, during an initial three days of talks that ended on Wednesday, to ensure the process is inclusive. "The advanced countries have the requisite resources and can afford to have it covered and we cannot," he said. In parallel, country teams are discussing setting up a G20 pandemic fund and revamping the WHO's existing health emergency rules. Many poorer countries lack technical specialists to advise on WHO matters within the Geneva diplomatic mission, where the U.N. agency is based. South Africa's Precious Matsoso, co-chair of the pandemic treaty talks, told Reuters countries could hire experts to help, or band together for regional representation.
☆ Canadian dollar seen higher as analysts eye peak interest rates: Reuters poll
  + stars: | 2022-12-07 | by ( Fergal Smith | ) www.reuters.com   time to read: +2 min
The loonie has weakened over 7% against the U.S. dollar since the start of 2022, with almost all of the decline coming since mid-August. Canada's economy grew at an annualized rate of 2.9% in the third quarter, much stronger than both analysts and the Bank of Canada were expecting. The BoC has raised its benchmark interest rate by 350 basis points since March to 3.75%, its highest level since 2008, in an attempt to cool inflation. Along with a more stable path for U.S. interest rates it "should help the loonie rally closer to fair value," Zhao-Murray said. Measures of fair value include purchasing power parity (PPP), or the exchange rate that equalizes the purchasing power of separate currencies.
☆ Breath measures are still trending downward suggesting more participation ahead, says Katie Stockton
  + stars: | 2022-12-05 | 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 EmailBreath measures are still trending downward suggesting more participation ahead, says Katie StocktonKatie Stockton, founder and managing partner of Fairlead Strategies, joins 'Closing Bell' to discuss market indicators of inflation reduction, energy and discretionary stocks lagging, and rises in treasury yields.
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