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Tiffany Fong uploaded a photo of what appears to be a scruffy-looking Sam Bankman-Fried to X. The content creator said she got the photo from an inmate and ex-gang member called "G Lock." Disgraced FTX founder Sam Bankman-Fried looks a lot scruffier in prison, according to a photo obtained by crypto influencer Tiffany Fong. AdvertisementFirst photo of Sam Bankman-Fried in jail at MDC Brooklyn. (December 17, 2023) pic.twitter.com/QlENjjmeQG — Tiffany Fong (@TiffanyFong_) February 20, 2024Fong said she'd obscured the faces of the other inmates for privacy reasons.
Persons: Tiffany Fong, Sam Bankman, Fong, Fried, G, He's, I've, Lewis Kaplan, he'd Organizations: MDC Brooklyn, Bankman, Metropolitan Detention Center, of Prisons, Brooklyn's Metropolitan Detention, Business Insider Locations: Brooklyn, Manhattan, Brooklyn's
The two sides issued a joint communique, stating Japan's long-term support in helping Ukraine achieve economic stability. Japan hopes the conference will build momentum for international support for Ukraine as the war drags on and attention has diverted to the Gaza situation. The conference is largely about reconstruction and investment in Ukraine, but it’s also about Japan’s national security. Its support for Ukraine comes amid fear of China’s increasingly assertive military actions in the region. Japan, in cooperation with other Group of Seven members, hopes to link the Tokyo conference to a separate Ukraine reconstruction conference to be held in Germany in June.
Persons: Fumio Kishida, Kishida, ” Kishida, , Denys Shmyhal, , it’s, Yoko Kamikawa Organizations: TOKYO, , Ukraine, of, Japan External Trade Organization, Russia, , Seven Locations: Japan, Ukrainian, Ukraine, “ Ukraine, Gaza, East Asia, States, Tokyo, Germany
Not everyone qualifies for bonus depreciation deductions by default. “Any property could qualify for accelerated and bonus depreciation,” said Brandon Ford, a CPA and finance director at C3, a real-estate investment firm. Determining the deductibleOnce you qualify for the deduction, you must determine how much you can claim from bonus depreciation. To determine what Michael could deduct, he reviewed his property tax statement, a publicly available record on the county website. In order to qualify for bonus depreciation, he ordered a cost segregation study, which is a third-party service similar to an appraisal.
Persons: Michael Hyun, Eileen, Michael, what’s, , Eileen’s, Brandon Ford, Michael said, Ford, ” Ford, Hyun, , That's Organizations: Business, Bay Area, IRS, CPA Locations: California, Bay, Alameda County
The "Volmageddon" episode happened six years ago after traders piled into a bunch of ETFs that were designed to return the inverse of market volatility (essentially betting on a calm market). And when volatility went up in February 2018, it tanked those strategies, sending the S&P 500 down more than 10% in two weeks. As VIX futures expire, the S&P 500 is seeing stronger price reactions. The short-volatility trade became very popular after 2010 when volatility was low, and traders could make money betting against market turbulence. AdvertisementIt's not a major concern right away as volatility upticks have been small, and the S&P 500 has remained resilient.
Persons: , Tom Essaye, Essaye Organizations: Service, Business
Millionaire count in the BRICS countries — which together hold $45 trillion in investable wealth — is forecast to rise by 85% over the next 10 years, the investment migration consultancy noted in its report published in partnership with global intelligence firm New World Wealth. The 85% forecast for BRICS will be the highest wealth growth of any bloc or region globally. "The 85% forecast for BRICS will be the highest wealth growth of any bloc or region globally," Andrew Amolis, wealth analyst at New World Wealth told CNBC. The UAE followed in third place with a 77% wealth growth. Other members in the BRICS coalition, such as South Africa and Iran, have seen a decline in their millionaire populations since 2013.
Persons: Michel Temer, Vladimir Putin, Xi Jinping, Jacob Zuma, Narendra Modi, Andrew Amolis, Dominic Volek Organizations: India's, United, Henley & Partners, Wealth, CNBC, Amolis, European Union, Henley, Partners, UAE Locations: South, Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, United Arab Emirates, Saudi Arabia, Canada, France, Japan, Italy, U.S, United Kingdom, Southeast Asia, UAE
WASHINGTON (AP) — The Biden administration is stepping up efforts to stop dirty money from flowing through the U.S. financial system with a slew of new rules aimed at increasing corporate transparency and regulating occupations that are exploited for money laundering. “We are undertaking a concerted effort to address the systemic deficiencies in the United States’ anti-money laundering and countering the financing of terrorism framework," Nelson said. The international community is expecting the U.S. to improve its corporate transparency rules in order to maintain its status as a safe haven for investment. “We have identified numerous cases involving criminals and U.S. adversaries seeking to operate with anonymity using opaque corporate structures,” Nelson said. Anonymous companies are a favorite tool for bad actors seeking to conceal their activities and their funds,” Nelson said.
Persons: , Biden, Brian Nelson, Nelson, ” Nelson, , Organizations: WASHINGTON, Hamas, Force, Atlantic Council, Treasury Locations: Ukraine, Gaza, U.S, Russia, Iran, Paris, United States
Linda arrived in New York City “in precisely the clothes I described.” At the airport, she glanced around, searching the throngs of people. Linda PorterThe dark-haired, mustachioed man “was George,” Linda soon realized. An introduction to New York CityLinda arrived in New York City excited to embark on a new chapter. Courtesy G. Porter and Dr. L. M. PorterLike Linda, George Porter was also a New York City transplant. Newly married, Linda – who took George’s name, becoming Linda Porter – returned to the US, once again landing in JFK airport.
Persons: John F, Linda Ford, Linda wasn’t, ” Linda, Linda, she’d, – she’d, , , George, John Rooney, George Porter, , who’d, they’d, Linda Dean, I’d, Linda Porter, Jean, Claude, Frenchman, ” Jean, “ George, New York City Linda, Porter, ” “, ” George, Linda –, he’d, “ Linda, George “, he'd, It’s, Penny, Patty, – “, Linda’s, George’s, Here's George, Porter “, we’d, Linda Porter –, Linda weren’t, , Max Burnell, CNN George, I’m, “ Jean Organizations: CNN, Kennedy International Airport, City University of New, CNN Travel, Kennedy International, JFK, Air, Air France, New, Riverside Park, Yorker, Atlantic Locations: JFK, City University of New York, United States, England, Paris, York City, “ New York, New York City, Air France, Southern, New York, Manhattan, Arkansas, George, Europe, , Linda’s, midtown, NYC, Staten, of, Central Park, West Coast, “ But New York, Sevenoaks, Kent, Riverside, New Jersey, Switzerland
AdvertisementOne of those places is Quartzsite's La Posa long-term visitor area . Monica Humphries/Business InsiderIf off-grid living won't fit a visitor's needs, Quartzsite is home to more than 50 RV resorts . As I meandered around La Posa, I debated how close was too close to park next to a stranger. Monica Humphries/Business InsiderIn 2020, Quartzsite became a Hollywood backdropMost people recognize the name Quartzsite from the Oscar-winning movie "Nomadland," which was released in 2020. There was a sense of freedom living on La Posa, and almost everyone I met was friendly and eager to chat.
Persons: It's, , snowbirds, Monica Humphries, you'll, Quartzsite, Casey Osborn, he's, Osborn, He's, Osborn doesn't, Bob, La Posa, La, Fern —, Frances McDormand, Fern, Paul Winer, Winer Organizations: Service, of Commerce, Tourism, Land Management, Vehicles, La, Social Security, Reader's Oasis, Oasis, Quartzsite Yacht Locations: Quartzsite, Arizona, Quartzsite , Arizona, Mexico, La Posa, La
We need NATO membership," said Ihor Zhovkva, the Ukrainian president's foreign affairs adviser. In these supplements, we define the concrete scope, concrete things, concrete spheres. France and Germany look on course to agree security commitments with Ukraine soon. President Emmanuel Macron was expected to finalise a bilateral security commitment deal in Ukraine this month, but he postponed the trip for security reasons. Zhovkva said there was no need for Ukraine to rush to agree deals.
Persons: Tom Balmforth, Ihor Zhovkva, Zhovkva, Emmanuel Macron, Ukraine's Zhovkva, Olena Harmash, John Irish, Ros Russell Organizations: Tom Balmforth KYIV, NATO, Seven, Kyiv, WHO, Ukraine Locations: Ukraine, Vilnius, Ukrainian, London, Britain, Russian, Russia, Netherlands, Romania, Poland, Denmark, France, Germany, Paris, Budapest, United States, Kyiv
That sudden volatility highlights something that we often write about in Before the Bell: the major mismatch between policymaker and investor expectations for interest rate cuts this year. Federal Reserve officials, including Chair Jerome Powell, have repeatedly said they envision at most three rate cuts in 2024. Wall Street, meanwhile, has ignored those warnings and has opted to practice unflinching optimism instead. It’s not the first time they’ve had to learn an important lesson: Don’t fight the Fed. Bad for the markets, good for the Fed: Markets clearly don’t often take kindly to higher-for-longer interest rates, which can negatively impact earnings and stock prices.
Persons: New York CNN —, Jerome Powell, Dow, It’s, they’ve, Don’t, , , Quincy Krosby, Arnim Holzer, José Torres, Chris Zaccarelli, doesn’t, ” Carl Icahn, Carl Icahn, Icahn, Chris Isidore, JetBlue’s, Samantha Delouya, Lyft, Erin Brewer Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Nasdaq, of Labor Statistics, BLS, Treasury, LPL, Fed, Interactive Brokers, CPI, Independent, Alliance, JetBlue, Spirit Airlines, Analysts Locations: New York, December’s, ,
DUBAI, United Arab Emirates (AP) — The CEO of ChatGPT-maker OpenAI said Tuesday that the dangers that keep him awake at night regarding artificial intelligence are the “very subtle societal misalignments” that could make the systems wreak havoc. “There’s some things in there that are easy to imagine where things really go wrong. And I’m not that interested in the killer robots walking on the street direction of things going wrong," Altman said. G42 has what experts suggest is the world's leading Arabic-language artificial intelligence model. However, the discussion with Altman, moderated by the UAE's Minister of State for Artificial Intelligence Omar al-Olama, touched on none of the local concerns.
Persons: OpenAI, Sam Altman, Altman, shouldn't, “ We’re, Everyone’s, Abu, Artificial Intelligence Omar al, ” Altman, Organizations: United Arab Emirates, World Governments, International Atomic Energy Agency, Emirates, State, Artificial Intelligence Locations: DUBAI, United Arab, Dubai, UAE, Abu Dhabi
NEW YORK (AP) — For nine years, Alaska health officials have been aware of an unusual virus causing rare, relatively mild illnesses in the Fairbanks area. But a recent case in another part of the state — this one resulting in a man's death — has brought new attention to the so-called Alaskapox virus. But pets, such as dogs and cats, may also carry the virus, health officials say. He was hospitalized in November and died last month, according to a bulletin last week from Alaska public health officials. Alaskapox is a rare illness that in most cases causes a relatively mild symptoms, health officials believe.
Persons: , mpox — Organizations: Health, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Alaska, Fairbanks, Fairbanks , Alaska, Kenai
WASHINGTON (AP) — House Republicans are critical of diversity and inclusion programs within the federal government and elsewhere, but they see recruiting women and minority candidates, along with veterans, as key to expanding their slim majority in November. “These are not run-of-the-mill generic Republicans," Hudson said. And so we’re using that same formula.”When asked what she makes of the House Republican focus on recruiting females and minorities, the chair of the campaign arm for House Democrats was skeptical. It's not just House Republicans seeking to end such programs. Hudson sidestepped on whether the focus on attracting female and minority candidates as House Republican candidates clashes with efforts to clamp down on diversity and inclusion programs within the federal government and elsewhere.
Persons: Richard Hudson, Prasanth Reddy, Alison Esposito, Hudson, George Logan, there's Kevin Lincoln, Mayra Flores, prognosticators, ” Hudson, “ That’s, , , Suzan DelBene, It's, Hudson sidestepped, George Santos, Tom Suozzi, Mazi, She's, Elise Stefanik's, Alexandria Ocasio, ” Stefanik, ” Steven Horsford, ” Horsford Organizations: WASHINGTON, , Republicans, National Republican Congressional Committee, GOP, House Democrats, Democrats, Republican, , Associated, Democratic, Ethiopian, Pew Research Center, PAC, Republican Party, Congressional Black Caucus, Women, Puerto Rico Locations: India, Kansas, New York, Guatemala, Connecticut, Stockton , Calif, Mexican, , Alexandria, Cortez, Puerto
The problem underscores a widely held consensus that Virginia’s mental health care system is in urgent need of reform, due to what Gov. Improving mental health care became a priority in the U.S. like never before as the pandemic brought new levels of isolation, fear and grief, in addition to pre-existing crises such as rising drug overdose deaths and the struggles burdening teen girls. Survey data from the U.S. Substance Abuse and Mental Health Services Administration found that in 2022, about half of adults with any mental illness did not receive treatment. Elsewhere in the U.S., states' policy concerns and approaches to improving mental health care have varied. Mental health was listed as a budget priority in most states in an analysis by the National Association of State Budget Officers.
Persons: — John Clair, Clair, , Glenn Youngkin’s, Virginia’s, we’ve, Brian Hepburn, , John Littel, ” Littel, Youngkin, they're, it’s, Katherine McGuire, candor, he's, , ____ Geoff Mulvihill Organizations: Clair's, Marion Police Department crisscross, Marion, Army, Gov, Republican, Mental Health Services Administration, National Association of State Mental Health, National Association of State, American Psychological Association, , Assembly Locations: RICHMOND, Va, Virginia, U.S, Cherry Hill , New Jersey
PORTLAND, Ore. (AP) — A federal agency is offering a $50,000 reward for information about the deaths of three endangered gray wolves from the same pack in southern Oregon. The collars from two gray wolves sent a mortality signal Dec. 29. The Oregon Department of Fish and Wildlife said it is aware of seven wolves remaining in the pack, including a breeding male. Photos You Should See View All 21 ImagesGray wolves are protected by federal law under the Endangered Species Act. In Oregon, gray wolves are listed as endangered in the western two-thirds of the state.
Persons: Gray Organizations: , U.S . Fish, Wildlife Service, The Oregon Department of Fish, Wildlife, Oregon - Locations: PORTLAND, Oregon, U.S, Bly, Oregon’s Klamath County, Portland, Klamath, Lake counties, Oregon - California
NEW YORK (AP) — A prosecutor in Manhattan announced six additional indictments of men allegedly involved in a brawl with police officers in Times Square, but he said investigators were still working to identify several suspects and their exact role in the frenzy. “We have to ensure we identify and charge those individuals who actually committed criminal acts in this matter,” Bragg said. The man allegedly at the center of the conflict, Yohenry Brito, 24, was indicted on charges including two counts of assault by a grand jury on Tuesday and is being held on Rikers Island. He has said that only a “small minority” of new arrivals were participating in illegal behavior, but he has faced allegations of weaponizing the Times Square incident for political gain. Earlier this week, members of the Guardian Angels were seen roughing up a man in Times Square during a live television interview on Fox News.
Persons: , Alvin Bragg, Bragg, ” Bragg, , Wilson, Kelvin Servita Arocha, Yohenry Brito, Joseph Kenny, Brito “, Kenny, Eric Adams, , Ana María Archila, Curtis Sliwa Organizations: Times, District, Police, NYPD, . New, . New York City, New York, Families Party, ” Police, Guardian Angels, Fox News Locations: Manhattan, Wilson Juarez, Rikers, ., . New York,
US Imposes Sanctions for Violations of Russia Oil Price Cap
  + stars: | 2024-02-08 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +1 min
WASHINGTON (Reuters) - The U.S. Treasury Department said on Thursday it had put sanctions on three entities based in the United Arab Emirates (UAE) and one registered in Liberia for violating a cap placed on the price of Russian oil by a coalition of Western nations. The Treasury also said it had taken steps to bar the import of certain categories of diamonds mined in Russia, another step designed to deprive Moscow of foreign revenues following the 2022 invasion of Ukraine. In a statement, the Treasury Department said it had imposed sanctions on three UAE-based entities - Zeenit Supply and Trading DMCC, Talassa Shipping DMCC and Oil Tankers SCF Mgmt FZCO - as well as on Liberia-registered NS Leader Shipping Incorporated. The price cap imposed by the Group of Seven countries, the European Union and Australia bans the use of Western maritime services such as insurance, flagging and transportation when tankers carry Russian oil priced at or above $60 a barrel. War in Israel and Gaza View All 194 Images(Reporting by Daphne Psaledakis, Ismail Shakil and Arshad Mohammed; editing by David Ljunggren)
Persons: Daphne Psaledakis, Ismail Shakil, Arshad Mohammed, David Ljunggren Organizations: WASHINGTON, U.S . Treasury, United Arab Emirates, Treasury, Treasury Department, Talassa Shipping, Oil, Mgmt, NS, Shipping Incorporated, Group, European Union Locations: UAE, Liberia, Western, Russia, Moscow, Ukraine, Australia, Israel, Gaza
Read previewThis as-told-to essay is based on a conversation with Cami Ostman, a 56-year-old writer and writing coach from Shoreline, Washington. She wasn't going to do anything with the land, so she said I could have it. I can think of seven friends in my age range who've bought off-grid land or purchased sprinter vans or RVs. In Seattle, I'm accountable to my students and employees, but when I'm on my land, I leave my work behind. There's nothing I miss when I'm in the yurt — it's so ridiculously peaceful.
Persons: , Cami Ostman, I'd, she'd, I've, who's, Pam, who've Organizations: Service, Business, Edison Locations: Shoreline , Washington, Seattle, Washington, Bellingham , Washington, Mongolia, Siberia, Turkey, Pacific, Shoreline
PHILADELPHIA (AP) — Philadelphia 76ers center Joel Embiid will be evaluated in four weeks after he underwent surgery Tuesday to address an injury to the lateral meniscus in his left knee. The 76ers did not release any kind of timetable on Embiid's return. But there is no doubt, given the nature of the injury, that Embiid will miss a significant amount of time. Embiid, the winner of the past two NBA scoring titles, hurt his left knee last Tuesday night in a loss at Golden State. Photos You Should See View All 45 ImagesThe 76ers fell to 4-11 without him this season after Monday night's loss to Dallas.
Persons: Joel Embiid, Embiid, ___ Organizations: PHILADELPHIA, — Philadelphia 76ers, 76ers, Golden State, San, Dallas Locations: San Antonio
CNN —After a long, grueling NFL season, it is finally Super Bowl week. The festivities got underway on Monday’s Opening Night, with players and personnel from both sides engaging with the media. Ethan Miller/Getty ImagesChiefs superstar quarterback Patrick Mahomes also shook off jeers from crowd as he prepares for his fourth Super Bowl appearance. Though it seemed unlikely at one point, Mahomes and the Chiefs are back in the Super Bowl. “I’m in Las Vegas at the Super Bowl, playing football with my teammates for an extra week, there’s only two teams doing it.
Persons: , , Travis Kelce, Kelce, Taylor Swift, Swift, ” Kelce, Ethan Miller, Patrick Mahomes, Mahomes, Vince Lombardi, Lamar Jackson, Matt Slocum, Tom Brady’s, “ I’m, ” Mahomes, ‘ We’re, Brock Purdy, , Purdy, Christian McCaffrey, Deebo Samuel, Brandon Aiyuk, ” Purdy, “ There’s, Marc Sanchez, ‘ Swifties, “ We’re, George Kittle, Kittle, I’ve, there’s Organizations: CNN, NFL, Kansas City Chiefs, San Francisco 49ers, Bowl, Chiefs, 49ers, Niners, Getty, Philadelphia Eagles –, , ” After Kansas City, Super, Miami Dolphins, Buffalo Bills, Baltimore Ravens, AFC, Ravens, Green Bay Packers, Detroit Lions, Allegiant, New England Patriots, Pittsburgh Steelers, Patriots Locations: Las Vegas, Sin City, Mecca, Vegas, ” After, San Francisco
(AP) — The Chiefs' Travis Kelce and the 49ers' George Kittle are best of friends when they are off the field. The king of Tight End U,” Kelce said of Kittle, when asked about their relationship. “He's the best tight end in the league and deservingly so this year. Kittle had two more catches in the NFC title game against Detroit to set up his rematch with Kelce and the Chiefs. “I couldn't be more proud of him,” Kelce said, “couldn't be more honored, really, to go up against George in another Super Bowl.
Persons: Travis Kelce, George Kittle, Greg Olsen, that's, ” Kelce, Kittle, , He's, Taylor Swift, Kelce, Jerry Rice, Patrick Mahomes, , Fred Warner, “ Pat, it's, John Lynch, marveled, Jerry Rice’s, ” Lynch, Jerry, he’s, Andy, Reid, ‘ You’ve, You’ve, San, hasn't, George, It's Organizations: KANSAS CITY, , Chiefs, 49ers, University, San Francisco, Kansas City, Super, Miami, AFC, Ravens, longtime 49ers, NFL, Packers, NFC, Detroit Locations: KANSAS, Mo, San Francisco, Las Vegas, Buffalo, Baltimore, Kansas, ” San Francisco, Miami
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia's frozen assets could finally have a role in funding Ukraine, used as collateral in a new debt scheme under Western consideration, sources told the Financial Times. "Of course, the Russian Federation will challenge such decisions, we will protect our interests and our assets illegally seized," spokesman Dmitry Peskov said. Meanwhile, US brinkmanship is keeping Washington sidelined, with further Ukraine funding unlikely ahead of the electionSome, such as former Treasury Secretary Larry Summers, have called to transfer Russia's reserves directly to Ukraine. The German government has instead supported seizing the returns generated by the assets, but leave the underlying reserves untouched.
Persons: , Dmitry Peskov, it's, Larry Summers Organizations: Service, Financial Times, Business, Russian Federation, Western, European Union, EU Locations: Ukraine, Moscow, Russia, Russian, Belgian, Washington
Then came a moment of realization: the fan in question was in fact Oscar-winning actor Morgan Freeman. Broome was immediately apologetic and later went over to Freeman to apologize again, in between helping Auburn to a 91-77 victory on the road against Ole Miss on Saturday. “I thought it was an Ole Miss fan grabbing my jersey, holding on to me,” Broome told reporters after the game. “I came back out there again, and I’m just like, ‘I’m sorry, again,’” Broome said. His team held on to snap Ole Miss’ 14-game unbeaten streak at home.
Persons: courtside, Johni, Oscar, Morgan Freeman, Broome, Freeman, , ” Broome, , , ’ ” Freeman, , I’m, ’ ” Broome, Ole Miss ’ Organizations: CNN, University of Mississippi, Auburn, Ole Miss, Ole
After turbocharging late 2023's stock market rally, some of the " Magnificent 7 " technology darlings are looking less magnificent this year. Shares of Meta and Nvidia are leading the Magnificent 7 for the year, with both stocks jumping roughly 34% each. The rest of the Magnificent 7 stocks, however, have received anywhere from 70% to 85% buy rating consensus. While the other five are forecast to see at least double-digit earnings growth estimates, analysts predict Apple's earnings growth to stay relatively unchanged. On the other hand, consensus estimates call for Tesla earnings to fall by 20%.
Persons: turbocharging, Tesla, Art Hogan, Hogan, Baird, Elon Musk's, Ben Kallo, Tim Long, Piper Sandler, Harsh Kumar, Charles Schwab, Kevin Gordon, Gordon, Ed Yardeni, isn't, Yardeni, Russell, Fred Imbert Organizations: Nvidia, Meta, Microsoft, Apple, Wall Street, Riley Wealth Management, CNBC, BYD, Barclays, Blips, Yardeni Research, titans Locations: Delaware, China
I spent three nights on Royal Caribbean's new world's largest cruise ship, the 9,950-person Icon of the Seas. AdvertisementRoyal Caribbean's new Icon of the Seas isn't a regular cruise ship. It's a cool cruise ship — one that will overwhelm you so much, you'll end up retreating to your tiny cabin more than you expected. At 1,198 feet-long and 20 decks tall, the Icon of the Seas and its rainbow spaghetti-like water park stands out from its comrades at Miami's bustling cruise terminal . Get used to the sight: The new world's largest cruise ship will be homeported there for a year of seven-night cruises .
Persons: Organizations: Service
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