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Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Economists said the reading pointed to elevated labor costs and inflation staying high, adding pressure on the Federal Reserve to keep raising rates. "Slower rate hikes have been the trend globally of late, but the Fed remains a wild card. Overall, it's a fickle, anxious market ahead of next week’s Fed meeting," said Joe Manimbo, senior market analyst at Convera in Washington. Many in the market believe inflation is moderating and bond yields have peaked, allowing the Fed and other central banks to begin slowing rate hikes when policy-makers meet next week. Gold prices rose, helped by a retreat in the dollar and Treasury yields, as investors anticipate the projection of slower rate hikes at the Fed's meeting on Dec. 13-14.
Elon Musk has three times shared an altered version of a famous quote from sci-fi classic "Dune." "Fear is not the mind-killer, context-switching is the mind-killer," Musk tweeted Wednesday. Context switching is the mind-killer," altering the words of a famous passage from the sci-fi series: "Fear is not the mind-killer." Musk's altered quote is taken to mean that switching tasks and contexts repeatedly can be mind-numbing, while maintaining focus on one task is the real winner. The scene Musk posted to Twitter shows the sect member ordering Atreides to put his hand in a box filled with "pain."
The major bourses in Europe also declined as concerns mounted about a global slowdown before a raft of major central bank rate decisions next week. The dollar gained against the euro, yen, British pound and Canadian dollar, among other major currencies. Treasury yields fell, but more at the long end of maturities than the short end, which deepened the inverted yield curve, a market indicator of a looming recession. The dollar rose as investors waited for next week's expected 50 basis points rate hike by the Fed. Euro zone government bond yields fell after two European Central Bank officials signaled inflation and rates may be close to peaking in the run-up to a raft of major central bank decisions.
HAMBURG, Dec 6 (Reuters) - Volkswagen's (VOWG_p.DE) CEO will outline a new software and vehicle platform strategy to the carmaker's supervisory board on Dec. 15 as he tries to turn his predecessor's vision into deliverable goals, three company sources told Reuters. But he was also criticised for sometimes erratic leadership, and in particular for delays and cost overruns at software arm Cariad. "First up is the software and the reality check in that area. Handelsblatt, which first reported the Dec. 15 board meeting, has said keeping software competitive to the end of the decade under Blume's new plans would cost 1 billion euros ($1.1 billion). ($1 = 0.9511 euros)Reporting by Jan Schwartz Writing by Victoria Waldersee Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
"Good news on the economy is bad news for inflation, whether that's China opening up or lower gasoline prices." The 10-year's yield rose 9.3 basis points to 3.596%. The 10-year German bund , the bloc's benchmark, rose 1.3 basis points to 1.890%. The Reserve Bank of Australia meets on Tuesday, and is expected to raise rates by a mere 25 basis points. The Bank of Canada meets on Wednesday and is expected to raise rates by 50 basis points.
BERLIN, Dec 5 (Reuters) - Volkswagen (VOWG_p.DE) Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at a supervisory board meeting on Dec. 15, Handelsblatt newspaper reported on Monday, citing company sources. The Audi brand will hand over leadership on autonomous driving software to Volkswagen Commercial Vehicles, the report added. The supervisory board called in May for management to present a roadmap for the carmakers' software unit Cariad, after multiple years of delays to planned new software iterations and overspending. The board expected a new roadmap by the summer break, Reuters reported, but former Chief Executive Herbert Diess' departure from the company delayed plans. New chief Blume wants to first determine what the software will look like, and then the car models will follow, Handelsblatt reported.
The U.S. Labor Department reported that nonfarm payrolls increased by 263,000 jobs last month compared with economist expectations for 200,000 jobs. "That sentiment shift has been more powerful than any 'negativity' to be taken from today's jobs report," he said. MSCI's gauge of stocks across the globe (.MIWD00000PUS) shed 0.15% on the day but added 1.5% for the week. Earlier it had jumped sharply in response to the jobs data, gaining as much as 0.82%. Gold prices also regained some lost ground from their earlier reaction to the jobs data.
Trinidad Gonzales, a professor of history and Mexican American studies at South Texas College, has been honored with the 2022 John Lewis Award for History and Social Justice. Refusing to Forget's work spurred an award-winning exhibit at the Bullock Texas State History Museum in Austin — the first time the state had publicly addressed "La Matanza." He played a role in a five-year battle to help change state standards for high school Mexican American history classes. “We all knew internally that it wasn’t just simply a fight for Mexican American studies,” Gonzales told South Texas College. "We're fearful that they're going to try to eliminate Mexican American studies, African American Studies, Indigenous Studies and Asian American studies," Gonzales said in the interview.
Not even Rep. Jim Clyburn, the longtime dean of South Carolina Democrats and a key Biden ally, received an early heads-up. He found out Thursday night in a phone call from the president, according to a South Carolina Democratic official. Gerald Herbert / AP fileFor a red state, South Carolina plays an outsize role in Democratic politics. The South Carolina plan has plenty of detractors, especially from states that were passed over for the prime spot. Instead, South Carolina would go first, followed by New Hampshire and Nevada on the same day, trailed by Georgia and then Michigan.
For Jones, wearing his Pelicans gear is less a fashion statement than it is a monetary one. Herbert Jones may be a millionaire, but the second-year NBA player still prefers to get his clothes for free. If I have to wear Pelicans gear ... for the rest of my career, then my kids or kids' kids can go to school for free just based on what I earned in the NBA, then I'm good, I'm cool. If I have to wear Pelicans gear ... for the rest of my career, then my kids or kids' kids can go to school for free just based on what I earned in the NBA, then I'm good, I'm cool." "And I'm like, 'man, I'm good.'"
Nonetheless, they fueled investor concerns about the future of the REIT, which makes up about 17% of Blackstone's earnings. "People are taking profits at the value Blackstone says their REIT shares are at," said Snyder. As a result, the REIT allowed investors in November to redeem $1.3 billion, equivalent to approximately 43% of investors' repurchase requests. Some analysts said Blackstone's REIT runs the risk of getting caught in a spiral of selling assets to meet redemptions if it cannot regain the trust of its investors. On Blackstone's third-quarter earnings call in October, Gray blamed REIT redemptions on market volatility, which he said had driven away individual investors from active equity and fixed income funds.
Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J. To see if history repeats itself with a Cowboys win, or if the Giants can pull off the upset, tune in on Thursday at 4:30 p.m. Bill Belichick’s team could be on the cusp of a hot streak and are hitting the Vikings game at just the right time.
NFL roundup: Joe Burrow helps Bengals get revenge vs. Steelers
  + stars: | 2022-11-21 | by ( ) www.reuters.com   time to read: +10 min
Both of Herbert's touchdown passes were caught by Joshua Palmer, who finished with eight catches for 106 yards. Quarterback Marcus Mariota paced Atlanta's offense with 131 passing yards, a passing touchdown and a rushing touchdown. Hurts finished with 190 passing yards and 86 passing yards. Saints 27, Rams 20Andy Dalton threw three touchdown passes as host New Orleans defeated Los Angeles, which lost Matthew Stafford to a possible concussion. Kirk Cousins was ineffective in the passing game, totaling 105 yards through the air while completing 12 of 23 passes.
NFL: Bills and Browns escape snowstorm in Buffalo
  + stars: | 2022-11-20 | by ( Hannah Brewitt | ) edition.cnn.com   time to read: +6 min
CNN —The Buffalo Bills (6-3) and Cleveland Browns (3-6) were supposed to square off at Highmark Stadium in Buffalo this Sunday. A contest with the 3-6 Browns could be exactly what this team needs to get back into the playoff conversation. Chiefs vs ChargersThe AFC West rival Kansas City Chiefs (7-3) and Los Angeles Chargers (5-4) face off for Sunday’s primetime event. Patrick Mahomes has been key to the Kansas City Chiefs' success. Australia: NFL Game Pass, ESPN, 7PlusBrazil: NFL Game Pass, ESPNCanada: CTV, TSN, RDS, NFL Game Pass on DAZNGermany: NFL Game Pass, ProSieben MAXX, DAZNMexico: NFL Game Pass, TUDN, ESPN, Fox Sports, Sky SportsUK: NFL Game Pass, Sky Sports, ITV, Channel 5US: NFL Game Pass, CBS Sports, Fox Sports, ESPN, Amazon Prime
FRANKFURT/HAMBURG, Nov 18 (Reuters) - German carmaker Volkswagen (VOWG_p.DE) is holding discussions with investors to join its battery division ahead of a possible partial initial public offering (IPO) of the subsidiary, two people familiar with the matter told Reuters. The idea is to bring in investors pre-IPO so Volkswagen can gauge how the division - named PowerCo - might be valued in a potential flotation, the sources said, adding that Volkswagen is working with advisers on a potential deal structure. Volkswagen has set aside 20 billion euros ($21 billion) for investment in its battery cell business, with the PowerCo unit managing its battery production and research from mining to recycling and projects including energy storage systems. Former Volkswagen CEO Herbert Diess floated the idea of a listing in May last year as a means of funding the carmaker's battery expansion plans. Volkswagen's US charging station network Electrify America, in which Siemens (SIEGn.DE) has invested a low three-digit million amount, could serve as a model for investor participation, the second source said.
"The softer inflation data took some wind out of the dollar's sails," said Joe Manimbo, senior market analyst at Convera in Washington. "The dollar is steadier because we're having this residual, geopolitical skittishness as well as signs of a fairly sturdy U.S. economic backbone in the forms of U.S. retail sales." Retail sales rose 1.3% in October, more than the 1.0% increase that economists polled by Reuters had forecast. The dollar briefly pared losses on release of the retail sales data, but later fell against the euro to trade little changed against major currencies. Yields fell further on the market's benign inflation outlook.
NBA roundup: Kings hang 153 points in rout of Nets
  + stars: | 2022-11-16 | by ( ) www.reuters.com   time to read: +4 min
The 153 points were the most scored by a Kings team since 154 against the Philadelphia 76ers in January 1993. Knicks 118, Jazz 111Jalen Brunson scored 25 points and dished out eight assists to lead New York past Utah in Salt Lake City. Trail Blazers 117, Spurs 110Jerami Grant recorded 29 points and eight rebounds to lead Portland over visiting San Antonio. Anfernee Simons scored 23 points and Damian Lillard added 22 points and 11 assists as Portland won for the 10th time in 14 games to start the season. Shaedon Sharpe scored 13 points off the bench as the Trail Blazers snapped a four-game skid against San Antonio.
But when she finds herself in a film that can match her talents, as she does in Sebastián Lelio’s “The Wonder,” she’s a marvel. In “The Wonder,” a film of considerable emotional depth that asks much of its actors, the result is perhaps her finest work to date. Left to right: Kíla Lord Cassidy, Tom Burke and Florence Pugh in "The Wonder." Florence Pugh as Lib Wright and Kíla Lord Cassidy as Anna O'Donnell in "The Wonder." “The Wonder” is available in select cinemas on November 2 and available on Netflix November 16.
Stocks wavered and the dollar briefly rose on initial reports of the Polish deaths as the market was overstretched as data suggested inflation was coming off its peak, said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York. The Polish deaths were reminiscent of U.S. bombs that killed three people in the Chinese Embassy in Belgrade in 1999, he said. Reuters Graphics Reuters GraphicsMSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 1.03%, while its emerging markets index (.MSCIEF) rose 2.22%. The euro up 0.22% to $1.0348, after briefly slipping on the Polish reports, and the yen strengthened 0.50% versus the dollar at 139.18. U.S. crude futures settled up $1.05 at $86.92 a barrel, while Brent futures rose 72 cents to settle at $93.86.
[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 14, 2022. As soon as these numbers can start coming down, even if it's a slow walkdown in inflation, the market will be relieved." MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 1.55%, while its emerging markets index (.MSCIEF) rose 2.35%. The pull-back we've seen, the dollar sells off last week sharply, some of the currencies were three standard deviation moves." Data out on Tuesday showed that the British unemployment rate rose in September.
The only problem was the company wasn’t accurately verifying the people behind the accounts or ensuring that verified accounts hadn’t changed their names. Many people appeared to be creating obviously fake accounts to make fun of Musk and make a point about why Twitter Blue’s new system wouldn’t work. With Musk at the helm of the social media platform, it’s certainly possible for the subscription-based Twitter Blue to come back just as flawed. Given Musk’s flip-flopping nature so far, it’s safe to assume that the dangers that can come from verified spoof accounts on Twitter are still present. Not only have many verified accounts impersonated other people, but disinformation may be worsening.
NFL roundup: Vikings prevail in OT thriller vs. Bills
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +9 min
The NFC South-leading Buccaneers (5-5), who entered last in the league with an average of 61 rushing yards per game, exceeded that by 100. Chiefs 27, Jaguars 17Patrick Mahomes threw four touchdown passes to four different receivers as Kansas City captured a win over visiting Jacksonville. Aaron Rodgers threw three touchdown passes to rookie Christian Watson, and the Packers rallied from a 14-point, fourth-quarter deficit to spoil Mike McCarthy's return to Lambeau Field. Jimmy Garoppolo had 240 yards passing and a rushing TD for the 49ers (5-4). After missing a game because of a hamstring issue, 49ers wideout Deebo Samuel had two receptions and 27 yards rushing.
Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Allen's fourth quarter touchdown throw to Dawson Knox capped off a 24-20 victory against the Chiefs. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
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