DIRS.INFO The most relevant business & tech news

☆ Japanese yen weakens past psychologically significant 150 per dollar level
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: 1 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsNEWYORK/LONDON/TOKYO, Oct 3 (Reuters) - The yen weakened to 150 to the dollar on Tuesday, a level some analysts think could prompt concerned Japanese authorities to intervene to prop up the currency. The dollar rose as high as 150.165 yen, its highest since October 2022, as the greenback pushed higher against most currencies, driven by surging U.S. Treasury yields. Reporting by Alun John in London, Brigid Riley and Kevin Buckland in Tokyo, and Gertrude Chavez-Dreyfuss in New York; Editing by Amanda Cooper and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence Lo, Alun John, Brigid Riley, Kevin Buckland, Gertrude Chavez, Dreyfuss, Amanda Cooper, Jonathan Oatis Organizations: U.S, REUTERS, Treasury, Thomson Locations: TOKYO, London, Tokyo, New York

☆ Morning Bid: Markets strap in for PMI data dump
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +3 min

A round of purchasing managers index (PMI) data from across the globe continues with Europe on Monday, following Chinese PMI data over the weekend that pointed to mixed levels of services and manufacturing activity last month. Markets have been feeling the pain after stocks, bonds and non-dollar currencies around the world mostly fell in the previous month, as investors adjusted to the idea that U.S. interest rates will stay elevated for longer. Meanwhile, the euro zone has been grappling with recession jitters amid a slew of other indicators, putting a damper on last week's good news that inflation in the area fell to its lowest in two years. Monday's final manufacturing PMI data from the EU will be closely watched after the preliminary report last month painted a mixed picture of the region's economic health; the index showed a rise in September from August's 33-month low, yet still lingered below the mark separating expansion from contraction. Meanwhile, oil prices are up again on Monday, reversing some of Friday's losses.

Persons: Brigid Riley, Luis de Guindos, Michael Barr, John Williams, Patrick Harker, Loretta Mester, Muralikumar Organizations: PMI, August's, Federal, Reuters, ECB, NY, Philly Fed, Cleveland Fed, Thomson Locations: Europe, Germany, France, Italy, Spain, Switzerland, Sweden, Cleveland

☆ Opinion: Trump and the upside-down world
▼ + stars: | 2023-10-01 | by ( Richard Galant | ) edition.cnn.com time to read: +17 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —The title on the cover of Cass R. Sunstein’s 2021 book, “This is not normal,” is printed upside down. The beginning of a Trump-backed House Republican inquiry into impeaching President Joe Biden with no clear evidence of his wrongdoing. A last-ditch move Saturday kept federal agencies funded for 45 days while putting more aid to Ukraine in jeopardy. Bill Bramhall/Tribune Content AgencyOn Monday, a New York judge found Trump and his adult sons liable for insurance and bank fraud and canceled the Trump Organization’s business certification.

Persons: Cass R, ” Sunstein, Ronald Reagan, “ Donald Duck, Donald Trump, Joe Biden, Trump, “, ”, Kevin McCarthy’s, Clay Jones, Mike Lawler, Rosa Cruz, Rob Rosenthal, Brian Riedl, Walt Handelsman, Biden, MAGA, John Avlon, ’, Bill Bramhall, Frida Ghitis, —, Ghitis, Phil Hands, Julian Zelizer, Steven Lubet, Judge Chutkan, Dean Obeidallah, Menendez, Hal Boyd, Sen, Tim Scott, Ron DeSantis, Scott, ” Scott, Lyndon, “ you’ve, ” Jeff Yang, Chris Christie’s, ‘, Donald Duck ’, Mike Pence’s, Walter Mondale, Nikki Haley’s, South Carolina Sen, Vivek Ramaswamy, TikTok, whittling, Haley, ” Sophia Nelson, ” Lisa Benson, GoComics.com, James Antle III, Todd Graham, David Axelrod, Musa al, Republicans –, –, Nick Anderson, Agency Cassidy, Evelyn Hockstein, Cassidy Hutchinson, Nicole Hemmer, Hutchinson, …, Alyssa Farah Griffin, Liz Cheney, Alexander Butterfield, Melissa S, Jason L, Riley, Jill Filipovic’s, Robert F, Kennedy Jr, Peter Bergen, Kennedy, Vladimir Putin, Brian Bowen Smith, ABC Gerry Turner, Deborah Carr, Gerry Turner, Turner, ” Don’t, Jill Filipovic, Dianne Feinstein, Matthew F, West Point Vincent, David A, Adam Larson, Michael D, Smith, Travis, Taylor Dana Summers, Taylor Swift, Travis Kelce, ” Rick Reilly, Colgate, Tay, Frankie de la, it’s Organizations: CNN, Republican, Ronald Reagan Presidential, Trump, Chiefs, Department of Labor, Wesleyan University, Agency, MAGA Republican, Pew Research Center, NBC, Republicans, GOP, “, Florida Gov, New, New Jersey Gov, Democratic, UAW, Tribune, White House, Legislative Affairs, White, Street, ” RFK, ABC, Chicago, Corps, Kansas City Chiefs, New York Jets, Washington Post, NFL Locations: Milwaukee, Simi Valley , California, Ukraine, New York, Washington, Tempe , Arizona, New Jersey, Cupp, South Carolina, Florida, Michigan, Michigan , Pennsylvania, Wisconsin, Gharbi, West Point

☆ Dollar set for best quarter in a year; yen-watch rumbles on
▼ + stars: | 2023-09-29 | by ( Amanda Cooper | ) www.reuters.com time to read: +4 min

Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. "We've had resilience in the U.S. economy, in the jobs market, inflation ticking higher and, obviously, the rise in oil prices. "We're not really expecting to see any rate cuts for quite some time, well toward the back end of 2024. Markets are looking ahead to the next data points, starting with key U.S. personal consumption data due later on Friday. The yen last traded at 149.125 to the dollar, which eased 0.13% on the day.

Persons: Florence Lo, Fiona Cincotta, We're, Tony Sycamore, we've, Sycamore, Thomas Barkin, Yasunari Ueno, Brigid Riley, Gerry Doyle, Neil Fullick, Kevin Liffey Organizations: U.S, REUTERS, Treasury, City Index, Federal Reserve, IG, Richmond Fed, Mizuho Securities, Sterling, National Statistics, COVID, Thomson Locations: U.S, City, Tokyo

☆ Ronald Acuna Jr. steals No. 70 as Braves steal win over Cubs
▼ + stars: | 2023-09-28 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/56] Sep 27, 2023; Cumberland, Georgia, USA; Atlanta Braves starting pitcher Darius Vines (64) pitches against the Chicago Cubs during the first inning at Truist Park. Mandatory Credit: Dale Zanine-USA TODAY Sports Acquire Licensing RightsSeptember 28 - Ronald Acuna Jr. made more history on Wednesday and helped the Atlanta Braves secure home-field advantage throughout the National League playoffs. With one out in the bottom of the 10th inning, Acuna singled home the tying run, stole second and scored on Ozzie Albies' single to give the Atlanta Braves a 6-5 win over the visiting Chicago Cubs. Acuna became the first player in major league history to have 70 stolen bases and 40 home runs in the same season. The Braves scored a run in the first when Albies hit his 33rd homer.

Persons: Darius Vines, Dale Zanine, Ronald Acuna Jr, Acuna, Ozzie Albies, Jesse Chavez, Daniel Palencia, Ian Happ, Yan Gomes, Marcell Ozuna, Mark Leiter, Chicago's Jameson Taillon, Albies, Cody Bellinger, Brian Snitker, Mike Tauchman, Happ, Austin Riley, Matt Olson's, Nico Hoerner Organizations: Atlanta Braves, Chicago Cubs, National League, Braves, Cubs, Arizona, NL, Diamondbacks, Chicago White Sox, Atlanta, Chicago, Thomson Locations: Cumberland , Georgia, USA, Truist

☆ Dollar sticks near 10-month high, keeping heat on yen
▼ + stars: | 2023-09-28 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsTOKYO, Sept 28 (Reuters) - The dollar clung near a 10-month high against a basket of its peers on Thursday, keeping the yen under pressure near a key intervention zone as investors size up upbeat U.S. economic data and fresh comments from Federal Reserve officials. Fed Chair Jerome Powell is scheduled to speak later on Thursday, giving markets further clues into the future path of U.S. monetary policy. The U.S. dollar index , which measures the greenback against a basket of other major currencies, hovered around 106.58, after hitting 106.84 overnight, the highest level since Nov. 30. The dollar/yen pair tends to be extremely sensitive to changes in long-term U.S. Treasury yields, particularly at the 10-year maturity.

Persons: Dado Ruvic, Neel Kashkari, Jerome Powell, Kyle Rodda, Tony Sycamore, Brigid Riley, Shri Navaratnam Organizations: REUTERS, Rights, Federal Reserve, Federal Reserve Bank of Minneapolis, Fed, U.S, Treasury, IG, Thomson Locations: U.S

☆ On Marriage, an Economist Bravely States the Obvious
▼ + stars: | 2023-09-27 | by ( Jason L. Riley | ) www.wsj.com time to read: +1 min

He is also a senior fellow at the Manhattan Institute and provides television commentary for various news outlets. Mr. Riley joined the paper in 1994 as a copy reader on the national news desk in New York. He moved to the editorial page in 1995, was named a senior editorial page writer in 2000, and became a member of the Editorial Board in 2005. He joined the Manhattan Institute in 2015. Born in Buffalo, New York, Mr. Riley earned a bachelor's degree in English from the State University of New York at Buffalo.

Persons: Jason Riley, Riley, ”, “, Thomas Sowell ” Organizations: Wall Street, Mobility, Manhattan Institute, Borders, Blacks, Editorial, State University of New, USA, Buffalo News Locations: New York, Buffalo , New York, State University of New York, Buffalo

☆ This little-known maker of mountain bike parts has a history of outperforming during recessions
▼ + stars: | 2023-09-27 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Fox Factory is known for making a wide range of products used in everything from bikes to off-road vehicles to trucks. "But at the same time, that's actually the consumer that's most resilient. The higher-income and enthusiastic consumer Analysts highlighted two qualities in Fox's consumer base that help the company weather a broader economic downturn. The company's "sticky" consumer base caught the attention of Motley Fool Asset Management's Shelby McFaddin, whose Small-Cap Growth ETF (TMFS) contains the stock. It's the largest competitor in the business of bike suspensions, which are typically used on mountain bikes to help mitigate rough terrain.

Persons: Riley, Anna Glaessgen, that's, they're, Michael Swartz, shutdowns, Riley's Glaessgen, Fox, Shelby McFaddin, McFaddin, Glaessgen, Truist's Swartz, Swartz, it's Organizations: Fox Factory, Growth, Consumers, Fox, Street, Ford, United Auto Workers, UAW

☆ Elon Musk might be the internet's worst boyfriend. At least that's what it seems like in his new biography.
▼ + stars: | 2023-09-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +8 min

"Elon and I were used to having big arguments in public," Musk's first wife, Justine Wilson, told Isaacson. AdvertisementAdvertisementWilson told Isaacson, the book's author, that Musk sometimes resorted to calling her "an idiot" or "moron" in arguments. Variety/Getty ImagesMeanwhile, Grimes told Isaacson that she feels the billionaire "associates love with being mean or abusive." "It was Elon's Asperger's coming out in full," Grimes told Isaacson. Musk's second wife, Talulah Riley, told Isaacson that when her close friend died, he flew to England to be with her.

Persons: Elon, it's, Grimes, Walter Isaacson's, Elon Musk, Tesla, Musk's, Justine Wilson, Isaacson, Wilson, Marie Claire, Musk, Claire Boucher, Amber Heard, Asperger's, I'd, he's, Talulah Riley, Mike Blake, Shivon, Zilis, X, Riley, Heard Organizations: Service, SpaceX, Variety, PayPal Locations: Wall, Silicon, Texas, Grimes, England

Two 17-year-old Eau Claire High School students were both arrested on three counts of murder, one of attempted murder and possessing a weapon during a violent crime, according to the Richland County Sheriff's Department. The teenagers who were killed also attended Eau Claire High School, according to a statement from Craig Witherspoon, the district superintendent. Three victims were 16 and 17 years old and died at the hospital, and the fourth victim, who is 14, was released, the sheriff’s department said. The city experienced 100 vehicle break-ins this past weekend, Lott said. “We need everybody in the village that’s standing behind me and the village that’s out there listening to this,” Lott said.

Persons: Veronica Hill, Craig Witherspoon, Witherspoon, ”, Lott, JaKobe Fanning, Caleb Wise, Dre’von Riley, Leon Lott, Columbia gunowners, Gretchen Barron, ” Lott Organizations: COLUMBIA, Eau Claire High School, Richland County Sheriff's Department, Associated Press Locations: Columbia , South Carolina, Richland County, Columbia

☆ Movie theater shares pop after writers, studios reach tentative labor deal
▼ + stars: | 2023-09-25 | by ( Drew Richardson | ) www.cnbc.com time to read: +3 min

Movie theater shares popped Monday following news of a tentative labor deal between the Writers Guild of America and the Alliance of Motion Picture and Television Producers. Extremely good news that progress is being made," AMC CEO Adam Aron said Sunday in a post on X, the site formerly known as Twitter. Shares of AMC were up roughly 7% Monday. The Screen Actors Guild – American Federation of Television and Radio Artists is still on strike after failure to reach a labor agreement with AMPTP. The summer season saw a 19% year-over-year increase, due in large part to the success of "Barbie" and "Oppenheimer."

Persons: Adam Aron, it's, Kraven, Hunter, Oppenheimer, Eric Wold, AFTRA, — CNBC's Sarah Whitten Organizations: AMC, Regal Cinemas, Writers Guild of America, Alliance, Television Producers, Twitter, Disney, Comcast, Warner Bros, Discovery, Hollywood, – American Federation of Television, Radio Artists, AMPTP, SAG, Riley Securities, WGA, Netflix, CNBC Locations: Square , New York, NBCUniversal

☆ New York’s Hottest Steakhouse Was a Fake, Until Saturday Night
▼ + stars: | 2023-09-25 | by ( Becky Hughes | ) www.nytimes.com time to read: +1 min

Mehran’s website and voice mail state that the restaurant, on East 83rd Street in Manhattan, is fully booked for months, an irresistible challenge for New Yorkers who treat reservation-hunting like a professional sport. Mehran’s is an elaborate joke among friends that, somewhere along the way, became entirely serious. On Saturday, for one night only, Mehran’s Steak House opened to the public. The restaurant’s address on Google Maps, a four-bedroom brownstone, was actually a “hacker house” occupied by 16 20-somethings working in the tech industry, who slept in closets and on bunk beds. Among them were Mehran Jalali, Riley Walz and Danielle Egan.

Persons: Mehran, Mehran Jalali, Riley Walz, Danielle Egan Organizations: East, New, Google Locations: NY, Manhattan, Mehran’s

☆ Morning Bid: Fed's hawkish pause keeps pressure on markets
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +3 min

Global markets have been feeling the heat as U.S. bond yields surged and a strengthened dollar hit a six-month high following the Federal Reserve's hawkish tone last week. The euro zone central bank also struck a relatively dovish tone. But markets will have plenty of material to pore over this week as they try to glean future Fed moves. In the euro zone, ECB President Christine Lagarde kicks off a string of speeches and remarks this week. Markets are expecting that the euro zone's central bank is done hiking.

Persons: Jonathan Ernst, Brigid Riley, Neel Kashkari, Christine Lagarde, Francois Villeroy de Galhau, Isabel Schnabel, Fed's Neel Kashkari, Edmund Klamann Organizations: . Federal, REUTERS, Brigid, Brigid Riley Investors, Global, Federal Reserve, U.S, Minneapolis, China, HK, ECB policymaker, Bank of France, ECB, Thomson Locations: Washington, U.S, Europe, Britain, Switzerland, Japan, China, Hollywood

☆ Ronald Acuna Jr. joins 40-40 club, Braves beat Nats on road
▼ + stars: | 2023-09-23 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

Mandatory Credit: Amber Searls-USA Acquire Licensing Rights Read moreSeptember 23 - Ronald Acuna Jr. and Austin Riley homered in the first inning, and the Atlanta Braves defeated the host Washington Nationals 9-6 to move closer to the 100-win mark Friday night. Acuna led off the game with his 40th home run of the season. Two batters after Acuna, Riley's 37th homer gave Atlanta a 3-0 lead before an out was recorded. Riley's sacrifice fly in the third inning pushed the Braves' lead to 4-0. Ozzie Albies doubled for an Atlanta run in the fifth.

Persons: Ronald Acuna Jr, Amber Searls, Austin Riley, Marcell Ozuna, Riley, Acuna, Riley's, Charlie Morton, Michael Tonkin, Patrick Corbin, CJ Abrams, Jake Alu, Joey Meneses, groundout, Ildemaro Vargas, Ozzie Albies, Abrams, Ozuna Organizations: District of Columbia, Atlanta Braves, Washington Nationals, Nationals, National League East, Braves, Atlanta, Chicago White Sox, Washington, Thomson Locations: Washington, District, USA

☆ MLB roundup: Ronald Acuna Jr. joins 40/40 club in Braves' win
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +13 min

Drury and Stefanic each had two hits for Los Angeles, which suffered its eighth loss in the last nine games. Giants 5, Dodgers 1Sean Manaea did not allow a run over a season-high seven innings and visiting San Francisco picked up a much-needed victory, beating Los Angeles. Machado's sixth multi-homer game of the season gave him 30 home runs on the season. Trevor Story collected three of Boston's seven hits. Phillies starter Taijuan Walker gave up five hits and two runs with four strikeouts and one walk in six innings.

Persons: Ronald Acuna Jr, Amber Searls, Austin Riley, Marcell Ozuna, Riley, Acuna, Riley's, Charlie Morton, Michael Tonkin, Alex Kirilloff, Pablo Lopez, Kyle Farmer, Willi Castro, Jorge Polanco, Michael A, Taylor, Max Kepler, Lopez, Jared Walsh, Logan O'Hoppe, Nolan Schanuel, Drury, Stefanic, Sean Manaea, Francisco, Mike Yastrzemski, Thairo Estrada, Tyler Fitzgerald, San Francisco, Freddie Freeman, Freeman, Manny Machado, Louis, Machado's, Matthew Liberatore, Juan Soto, Machado, Paul Goldschmidt, Jordan, Luis Garcia, Garcia, Richie Palacios, Robert Suarez, Michael Siani, Jose Fermin, Shea Langeliers, Ken Waldichuk, Esteury Ruiz, Carson Kelly, Will Vest, Brent Rooker's, David Fry, Aaron Hicks, Cleveland, Yennier Cano, Emmanuel Clase, Kole Calhoun, Will Brennan, Jose Ramirez, Josh Naylor, Myles Straw, Gimenez, Anthony Santander, Gunnar Henderson, Ramon Urias, Aaron Judge, Judge, Brandon Pfaadt, Slade Cecconi, Jameson Taillon, Seiya Suzuki, Taillon, Elias Diaz, Chris Bassitt, Tampa Bay's Zach Eflin, Daulton Varsho, George Springer, Jordan Romano, Josh Donaldson, Christian Yelich, Yelich, Evan Carter slugged, Corey Seager, Mitch Garver, Dane Dunning, Cal Raleigh, Seattle's Bryce Miller, Cole Ragans, Chas McCormick, Masataka Yoshida's, Yoshida's, Rafael Devers, Adam Duvall's, Ceddanne Rafaela, Trevor Story, Devers, Mauricio Llovera, Chris Martin, David Bednar, Noelvi Marte, Ke'Bryan Hayes, Henry Davis, Jared Triolo, Endy Rodriguez, Alec Bohm, Adam Ottavino, Trea Turner, Bohm, Realmuto, Kyle Schwarber, Schwarber, Nick Castellanos, Taijuan Walker, Francisco Lindor, Brett Baty, Pete Alonso Organizations: District of Columbia, Atlanta Braves, Washington Nationals, Nationals, National League East, Braves, Atlanta, Sunday, Angels, Minnesota, American League Central, AL Central, Twins, Los, Giants, Dodgers, San, National League, NL, Padres, Cardinals, San Diego, Dakota Hudson, Athletics, Tigers, Oakland, Detroit, Orioles, Cleveland, Baltimore, Guardians, American League East, Tampa Bay Rays, Yankees, Diamondbacks, New York, Arizona, Washington, The Diamondbacks, Cubs, Rockies, Chicago, Pittsburgh Pirates, Colorado, Blue Jays, Rays, American League, Tampa Bay, Tampa, AL, Brewers, Marlins, Milwaukee, Miami, National League Central, Rangers, Mariners, Seattle, American League West, Houston Astros, Texas, Cal, Toronto Blue Jays, Royals, Astros, Kansas City, Houston, Texas Rangers, Houston . Red Sox, White Sox, Boston Red Sox, Chicago White Sox, Red Sox, Boston, Pirates, Reds, Pittsburgh, Cincinnati, The Pirates, The Reds, Chicago Cubs, Phillies, Mets, Philadelphia, Thomson Locations: Washington, District, USA, Los Angeles, Minneapolis, New, Arizona, Chicago, Colorado, Toronto, St . Petersburg, Fla, Bassitt, Texas, Arlington , Texas, Seattle, Houston

☆ MLB roundup: Dodgers drop Giants, close in on NLDS
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +12 min

Martinez hit his 30th home run as the Dodgers won for the sixth time in their last seven games. Joc Pederson hit a home run against his former team for the Giants, whose playoff chances took a major blow with a sixth loss in seven games. Rays 5, Angels 4Manuel Margot delivered a game-ending two-out RBI single to right field in the ninth inning as Tampa Bay rallied to defeat Los Angeles at St. Petersburg, Fla. Martinez hit his 30th home run as the Dodgers won for the sixth time in their last seven games. Chicago's Kyle Hendricks (6-8) allowed three runs (one earned) and seven hits in six innings.

Persons: Emmet Sheehan, Gary A, Vasquez, J.D, Martinez, Shelby Miller, Joc Pederson, Kyle Harrison, John Brebbia, Gerrit Cole, Cole, Jake Bauers, Toronto's Jose Berrios, Aaron Judge, Estevan Florial, Tarik Skubal, Andy Ibanez, Matt Vierling, Spencer Torkelson, Brenan Hanifee, Brent Rooker's, Manuel Margot, Carlos Estevez, Isaac Paredes, Jo Adell, Jared Walsh, Randal Grichuk, Michael Stefanic, Wade Miley, J.B, Bukauskas, Julio Teheran, Louis, Miley, Victor Caratini, Blake Perkins, Miles Mikolas, Nick Castellanos, Alec Bohm, Bryce Harper, Mark Vientos, Jeff McNeil, Ramon Laureano, Jose Ramirez, Bo Naylor, Josh Naylor, Gabriel Arias, Ryan O'Hearn, Anthony Santander, Matt Olson, Ozzie Albies, Max Fried, Albies, Orlando Arcia, Austin Riley, Michael Harris, Alex Call's, Joshua Palacios, Johan Oviedo grinded, Dansby Swanson, Chicago's Kyle Hendricks Organizations: Los Angeles Dodgers, San Francisco Giants, Dodger, Dodgers, National League, Giants, Yankees, Blue Jays, New York, Toronto, Minnesota Twins, Tigers, Athletics, Detroit, Rays, Angels, Tampa Bay, Brewers, Cardinals, Milwaukee, National League Central, Phillies, Mets, Orioles, Baltimore, Guardians, Braves, Nationals, Washington, NL East, Pirates, Cubs, Pittsburgh, Chicago, Thomson Locations: Los Angeles , California, USA, Francisco, Texas, Seattle, Oakland, Los, St . Petersburg, Fla, Angeles, Philadelphia, New York, Cleveland, Oviedo

The video posted on the X platform, formerly known as Twitter, caught the attention of Jonathan Riley, a liberal activist in Durham, North Carolina, who posted Sunday that it showed “Missouri Republicans at a literal book burning," though he'd later walk that statement back to a “metaphorical” book burning. “It fit a narrative that they wanted to put out there,” Freedom Fest organizer Debbie McFarland said about claims that Eigel burned books. Experts who study political extremism said images involving fire or bonfires have long been associated with extremist groups. Eigel’s critics quickly posted online images involving the Ku Klux Klan and Nazi book burnings before World War II. Talking about book burning enough can plant the idea in people's minds so that ”people think it’s actually a righteous thing to do."

Persons: Louis, Sen, Bill Eigel, ” Eigel, Eigel, ”, Kurt Braddock, Jonathan Riley, he'd, Debbie McFarland, Mike Parson, State Jay Ashcroft, Mike Kehoe, Ashcroft, Gregg Keller, Eigel’s, “, Eric Greitens, Flamethowers, Donald Trump, Kristi Noem’s, Evan Perkoski, it's, ” “, Javed Ali, Braddock, ” Eigel's, Ali, he’s, ___ Hanna, ___, John Hanna Organizations: JEFFERSON CITY, Missouri, Associated Press, ”, American University, Republicans, Twitter, Missouri Republicans, Gov, State, AP, GOP, Ku, Navy, Senate, Name, torching, Ku Klux Klan, University of Connecticut, University of Michigan Locations: Mo, St, Missouri, Washington, Defiance , Missouri, Durham , North Carolina, Jefferson City, U.S, Arizona, Alabama, South Dakota, Topeka , Kansas

☆ Pound, franc slide as central banks pause hikes; dollar holds firm
▼ + stars: | 2023-09-21 | by ( Samuel Indyk | ) www.reuters.com time to read: +4 min

The euro rose as high as 0.9677 francs and is set for its biggest one-day rise since June. The dollar rose 0.8% to 0.9053 francs , hitting its highest level since June 13. "The Swiss franc has understandably weakened after the surprise hold in the policy rate today," ING strategists said in a note. Meanwhile, Sweden's Riksbank and Norway's central bank both raised rates by 25 basis points, in line with expectations. Although you never know for sure with this central bank," said Matt Simpson, senior market analyst at City Index.

Persons: Dado Ruvic, Sterling, Goldman Sachs, Michael Cahill, Sweden's, Niels Christensen, Matt Simpson, Samuel Indyk, Brigid Riley, Kevin Buckland, Sam Holmes, Shri Navaratnam, Sharon Singleton Organizations: REUTERS, Swiss, British, U.S . Federal Reserve, Friday's Bank of Japan, Bank of England, Swiss National Bank, ING, Fed, Bank of Japan, New Zealand, NZ, Thomson Locations: Swiss, Sweden, Norway, Swedish, Norwegian

☆ Reactions: Media mogul Rupert Murdoch steps down as chairman of Fox, News Corp
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +5 min

Sept 21 (Reuters) - Media mogul Rupert Murdoch, 92, has stepped down as the chairman of Fox Corp (FOXA.O) and News Corp (NWSA.O), ending a more than seven-decade career in which he created an empire spanning from Australia to the United States. His son, Lachlan Murdoch, will become the chairman of News Corp and continue as the chair and CEO of Fox, the companies said on Thursday. The transition cements Lachlan's role as the leader of the media empire, putting to rest questions of succession within the Murdoch family. His son Lachlan Murdoch is seasoned and capable of running the business, but of course there's no replacement for someone like the chairman, Rupert Murdoch, who founded the company and built it over decades." "The media world is unrecognisable from the one he stepped into seventy years ago and the decision to scrap plans to reunite his empire must have smarted."

Persons: Rupert Murdoch, Lachlan Murdoch, Murdoch, BRIAN WIESER, Lachlan, MICHAEL ASHLEY SCHULMAN, Smartmatic, Rupert Murdoch's, JASON BENOWITZ, I'm, DANNI HEWSON, AJ BELL, he's, Mary Berry, he'll, RILEY, THOMAS HAYES, Wise, MATTHEW TUTTLE, ED MOYA, Aditya Soni, Samrhitha, Mayur, Ananya Mariam Rajesh, Arun Koyyur Organizations: Media, Fox Corp, News Corp, Fox, MADISON, WALL'S, Dominion, HOGAN, TUTTLE, MSNBC, Thomson Locations: Australia, United States, Bengaluru

☆ Dollar higher as Fed skips rate hike but stiffens hawkish stance
▼ + stars: | 2023-09-20 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

As they did in June, Fed policymakers at the median still see the central bank's benchmark overnight interest rate peaking this year in the 5.50%-5.75% range, just a quarter of a percentage point above the current range. But from there, the Fed's updated quarterly projections show rates falling only half a percentage point in 2024 compared with the full percentage point of cuts anticipated at the meeting in June. Interest rate sensitive two-year Treasury yields hit 17-year highs on Wednesday after the Fed decision. "It looks as though the Fed is trying to send as hawkish a signal as it possibly can," said Gennadiny Goldberg, interest rate strategist at TD Securities. The yen was down 0.13% versus the greenback at 148.05 per dollar after the Fed decision.

Persons: Dado Ruvic, Karl Schamotta, Schamotta, Jerome Powell, Gennadiny Goldberg, Dominic Bunning, BoE, Masato Kanda, Janet Yellen, bitcoin, Saqib Iqbal Ahmed, Herbert, Joice Alves, Brigid Riley, Marguerita Choy, Jonathan Oatis Organizations: REUTERS, U.S, Federal Reserve, TD Securities, Bank of England, Reuters, FX Research, HSBC, Washington, Treasury, Thomson Locations: Toronto, Japan, U.S, New York, London, Tokyo

☆ Dollar edges down before Fed decision, sterling falls on cooling UK inflation
▼ + stars: | 2023-09-20 | by ( Joice Alves | ) www.reuters.com time to read: +4 min

The U.S. dollar index , which measures the currency against a basket of rivals, was 0.1% lower at 105.00. The pound was volatile, last down 0.23% to $1.2364 after touching its lowest in almost four months following data showing UK inflation slowed more than expected in August. "This can drag GBP down, especially against the USD where pricing for rate cuts may already be overstretched". The yen flattened at 147.87 after touching a fresh 10-month weak-point against the dollar of 148.17 ahead of the Fed decision. The offshore yuan was unchanged at 7.3055 after China met market expectations by keeping its benchmark lending rates unchanged on Wednesday.

Persons: Dado Ruvic, BoE, Dominic Bunning, Bunning, Goldman Sachs, Powell, Elsa Lignos, Masato Kanda, Janet Yellen, Joice Alves, Brigid Riley, Gerry Doyle, Emelia Organizations: REUTERS, Federal Reserve, Bank of England, U.S, Reuters, FX Research, HSBC, FX, RBC Europe, Washington, Treasury, Bank of Japan's, Thomson Locations: Japan, U.S, China, London, Tokyo

☆ Dollar holds fast, yen in shaky territory ahead of FOMC
▼ + stars: | 2023-09-20 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

The U.S. dollar index , which measures the greenback against a basket of rivals, stayed mostly flat at 105.17 as traders awaited the Fed's rate decision. Attention stayed fixed on the yen as U.S. and Japanese authorities heaped on fresh comments about the possibility of intervention. The yen last sat around 147.83 versus the greenback, off Tuesday's low of 147.92 though hovering near the 10-month trough against the dollar ahead of the FOMC announcement. Elsewhere in Asia, the offshore yuan was largely unchanged after China met market expectations by keeping its benchmark lending rates unchanged on Wednesday, but later ticked down 0.1% to 7.3103 per dollar. The Australian dollar , a proxy for China growth, fell nearly 0.1% in the Asian afternoon, while the New Zealand dollar was flat, down from Tuesday's two-week high against the dollar.

Persons: Dado Ruvic, Carol Kong, Masato Kanda, Janet Yellen, Brigid Riley, Gerry Doyle Organizations: REUTERS, Rights, Federal Reserve, U.S, Commonwealth Bank of Australia, Washington, Treasury, Bank of Japan's, New Zealand, Bank of England, bitcoin BTC, Thomson Locations: Japan, U.S, Asia, China, bitcoin

☆ Dollar firm but softens against yen ahead of FOMC
▼ + stars: | 2023-09-20 | by ( Brigid Riley | ) www.reuters.com time to read: +2 min

TOKYO, Sept 20 (Reuters) - The dollar remained firm on Wednesday but softened slightly against the yen ahead of a much-anticipated rate decision by the Federal Reserve later in the day. The U.S. dollar index , which measures the greenback against a basket of rivals, stayed mostly flat at 105.13 as traders awaited the Fed's rate decision. Dollar/yen could see some upside pressure after a hawkish FOMC meeting, she added. The yen last sat nearly 0.1% higher at 147.77 versus the greenback, off Tuesday's low of 147.92 though hovering near the 10-month trough against the dollar ahead of the FOMC announcement. The New Zealand dollar ticked up over 0.2% against the dollar near $0.5950.

Persons: Carol Kong, Masato Kanda, Brigid Riley, Gerry Doyle Organizations: Federal Reserve, U.S, Commonwealth Bank of Australia, Bank of Japan's, Reserve Bank, Australia's, New Zealand, Bank of England, bitcoin BTC, Thomson Locations: TOKYO, China, bitcoin

The IPO gave Instacart a valuation of nearly $9.9 billion, a fraction of the $39 billion it was worth in 2021, the company's last funding round. Reuters GraphicsSeveral startups' valuations have shrunk since 2022 as inflation, geopolitical tensions and the Federal Reserve's rapid rate hikes soured the economic climate. But a lukewarm reception to Neumora Therapeutics' (NMRA.O) IPO last week hinted at limited investor enthusiasm for new listings. Arm soared on its first day of trading but has dropped every day since then. Goldman Sachs and J.P. Morgan are the lead underwriters for Instacart's IPO.

Persons: Eric Cohn, Cheney Orr, Hogan, Riley, Instacart, Apoorva Mehta, Fidji Simo, Goldman Sachs, J.P, Morgan, Niket, Noel Randewich, Devika Syamnath, Anil D'Silva, Nick Zieminski, Richard Chang Organizations: Safeway, REUTERS, Nasdaq, SoftBank's Arm, San, Maplebear Inc, Reuters, Federal, Investors, Neumora Therapeutics, Instacart's, Thomson Locations: Tucson , Arizona, U.S, San Francisco, Bengaluru, Oakland , California

☆ NFL roundup: Chiefs get back on winning track against Jaguars
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +10 min

Mahomes threw touchdown passes to Skyy Moore and Travis Kelce as the Chiefs (1-1) rebounded from a season-opening 21-20 loss to the Detroit Lions. Jones threw a 9-yard touchdown pass to Saquon Barkley and an 11-yard touchdown pass to Isaiah Hodgins, then drove New York 56 yards to Graham Gano's winning 34-yard field goal with 19 seconds remaining. In his third NFL start -- all Washington wins -- Howell completed 27 of 39 passes to fuel the Commanders' rally. Seahawks 37, Lions 31 (OT)Geno Smith connected with Tyler Lockett on a 6-yard touchdown pass in overtime to give visiting Seattle a victory over Detroit. Burrow aggravated his right calf injury on his second touchdown pass late in the fourth quarter.

Persons: Patrick Mahomes, Morgan Tencza, Mahomes, Skyy Moore, Travis Kelce, Kelce, Chris Jones, George Karlaftis, Jones, Trevor Lawrence, Christian Kirk, wideouts Zay Jones, Calvin Ridley, Daniel Jones, Saquon Barkley, Isaiah Hodgins, Graham Gano's, Joshua Dobbs, Kyler Murray, James Conner, Sam Howell, Brian Robinson, Howell, Robinson, Russell Wilson, Mary, Brandon Johnson, Benjamin St, Juste, Courtland Sutton, Wilson, Sean Payton, Geno Smith, Tyler Lockett, Smith, Lockett, Kenneth Walker, Riley Patterson, Jared Goff, Goff, Tre Brown, Gardner Minshew, Anthony Richardson, Richardson, Minshew, C.J, Stroud, Nico Collins, Tank Dell, Josh Allen, Allen, James Cook, Gabe Davis, Jimmy Garoppolo, Josh Jacobs, Davante Adams, Arthur Smith, Younghoe Koo, Bijan Robinson, Koo, Desmond Ridder, Drake London, Jordan Love, Jayden Reed, Ryan Tannehill, Nick Folk, Derrick Henry, Nick Westbrook, Cameron Dicker's, Justin Herbert, Keenan Allen, Austin Ekeler, Lamar Jackson, Joe Burrow, Burrow, Jackson, Nelson Agholor, Tee Higgins, Baker Mayfield, Mike Evans, Justin Fields, Fields, fumbling, Joe Tryon, Shoyinka, White, Dak Prescott, Brandon Aubrey, Prescott, Aaron Rodgers, Achilles, Zach Wilson, Garrett Wilson, Christian McCaffrey, San, Brock Purdy, Nacua, Matthew Stafford Organizations: Kansas City Chiefs, Jacksonville Jaguars, EverBank, Chiefs, Detroit Lions, Kansas, Jaguars, Giants, Cardinals, New York, Arizona, Broncos, Washington, NFL, Denver, Seahawks, Lions, Seattle, Detroit, Colts, Texans, Indianapolis, Houston, Bills, Raiders, Buffalo, Falcons, Packers, Atlanta, Green, Chargers, Tennessee, Los Angeles, The Chargers, Ravens, Bengals, Baltimore, Cincinnati, Buccaneers, Bears, Tampa Bay, Bucs, Tampa, Cowboys, Jets, Dallas, New, 49ers, Rams, Los, Thomson Locations: Jacksonville , Florida, USA, New York, Denver, Las, Orchard Park, N.Y, Green Bay, Green, Los, Nashville, Tenn, Tennessee, Tannehill, Ikhine, Cincinnati, Chicago, Tampa Bay, Arlington , Texas, San Francisco, Los Angeles, Inglewood , Calif

Search resuls for: "Riley"

25 mentions found