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☆ Dollar slides, CPI data suggests Fed could slow pace of rate hikes
▼ + stars: | 2022-11-10 | by ( Herbert Lash | ) www.reuters.com time to read: +5 min

"Inflation is clearly moving in the right direction, and that keeps a more hawkish Fed at bay," he said. The spike higher in the yen versus the dollar stirred speculation the Bank of Japan intervened, which analysts doubted. Fed funds futures priced in a drop in expectations for the U.S. central bank's peak target rate, which fell below 5%. The likelihood of a 50-basis-point rate hike by the Fed instead of a 75-basis-point increase in December rose to 71.5%. CPI rose 7.7% in October on a year-over-year basis, down from 8.2% in the prior month, as headline inflation fell below 8% for the first time since February.

☆ NBA roundup: Bucks, minus Giannis, top Thunder in 2 OTs
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +9 min

Tre Mann added 21 points off the bench. Jaylen Brown scored 30 points, reserve Sam Hauser had 24 on six 3-pointers and Al Horford added 13 for Boston. Anunoby added 27 points, 10 rebounds and three steals for the Raptors, who played without forward Pascal Siakam (groin). Bennedict Mathruin scored 30 points, Tyrese Haliburton had 21 points and 11 assists for the Pacers, who had won four of their previous five games. All five Hornets starters reached double figures in points, led by Terry Rozier with 18 in the team's sixth consecutive loss.

Rep. Frank Mrvan is running against Republican Jennifer-Ruth Green in Indiana's 1st Congressional District. If Green is elected, she will put a stop to Democrats' 92-year winning streak in Indiana's 1st Congressional District. Democratic Rep. Frank Mrvan faces off against Republican Jennifer-Ruth Green in Indiana's 1st Congressional District. Indiana's 1st Congressional District candidatesMrvan, first elected to the US House in 2020, is no stranger to politics. Voting history for Indiana's 1st Congressional DistrictIndiana's 1st Congressional District covers Gary, Hammond, and other steel-belt cities immediately east of Chicago's metropolitan area.

☆ NBA roundup: Dejounte Murray, Hawks hand Bucks first loss
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: +11 min

Murray added eight rebounds and three steals for the Hawks, who lost 123-115 at Milwaukee on Oct. 29. Jerami Grant finished with 23 points and Lillard had 19 points and six assists. Cade Cunningham supplied 21 points, 11 rebounds and seven assists for the Pistons. Jaden Ivey had 15 points, 11 rebounds and six assists, and Isaiah Stewart added 11 points with 12 rebounds. Mike Muscala and Kenrich Williams scored 11 points apiece.

☆ NFL roundup: Jets stun Bills in AFC East showdown
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +8 min

[1/5] Nov 6, 2022; East Rutherford, NJ, USA; Buffalo Bills quarterback Josh Allen (17) throws in the first half against the New York Jets at MetLife Stadium. New York quarterback Zach Wilson completed 18 of 25 passes for 154 yards and a 7-yard touchdown pass to James Robinson in the third quarter. Panthers quarterback PJ Walker threw for nine yards in the first half until previous starter Baker Mayfield threw two touchdown passes in relief. Lions 15, Packers 9Jared Goff threw two touchdown passes and host Detroit snapped a five-game losing streak while handing Green Bay its fifth straight loss. Seahawks 31, Cardinals 21Geno Smith threw two touchdown passes while overcoming a pick-6 to lead Seattle past Arizona in Glendale, Ariz.

☆ NFL Week 9 Preview: How to watch and all you need to know
▼ + stars: | 2022-11-06 | by ( Hannah Brewitt | ) edition.cnn.com time to read: +23 min

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. David Richard/AP Tampa Bay Buccaneers wide receiver Breshad Perriman fumbles after catching a pass during the first half against the Green Bay Packers in Week 3. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ NBA roundup: Celtics set team record with 27 treys
▼ + stars: | 2022-11-06 | by ( ) www.reuters.com time to read: +7 min

Every Celtics player who took the court Saturday hit at least one 3-pointer, and they went 27-for-51 on treys. The 27 3-pointers were two more than the previous team record, set against the Philadelphia 76ers on Feb. 15, and two shy of the NBA record, set by the Milwaukee Bucks against the Miami Heat on Dec. 29, 2020. Brown finished with 30 points and Tatum had 26 as the Celtics won both ends of a back-to-back set. Julius Randle scored 29 points and RJ Barrett had 27 for the Knicks, who were also trying to win on back-to-back nights. Terry Rozier scored 25 points and Kelly Oubre Jr. added 18 for the Hornets.

☆ Democratic Rep. Frank Mrvan faces off against Republican Jennifer-Ruth Green in Indiana's 1st Congressional District election
▼ + stars: | 2022-11-02 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Rep. Frank Mrvan is running against Republican Jennifer-Ruth Green in Indiana's 1st Congressional District. Once reliably blue, the 1st District may join the majority of congressional districts in the state controlled by Republicans. If Green is elected, she will put a stop to Democrats' 92-year winning streak in Indiana's 1st Congressional District. Indiana's 1st Congressional District candidatesMrvan, first elected to the US House in 2020, is no stranger to politics. Voting history for Indiana's 1st Congressional DistrictIndiana's 1st Congressional District covers Gary, Hammond, and other steel-belt cities immediately east of Chicago's metropolitan area.

☆ Stocks fall, bond yields rise as focus shifts to Fed, rate outlook
▼ + stars: | 2022-10-31 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +4 min

The Fed, which begins its two-day meeting Tuesday, is expected to deliver a fourth straight 75-basis-point rate hike on Wednesday in its attempt to tame inflation. The pan-European STOXX 600 index (.STOXX) rose 0.35% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) shed 0.44%. read moreKey food and energy prices drop after initial panicGRAINS REPORTIn currencies, the dollar rose 0.8% against the struggling yen to 148.62 yen . Brazil's currency and main stock index rallied Monday, a day after leftist Luiz Inacio Lula da Silva won the country's presidential election. The Bovespa stock index (.BVSP) sank 2% at the opening and ended the session up 1.3%.

☆ NBA roundup: LeBron James, Anthony Davis lead Lakers to first win
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +6 min

Rookie Jaden Ivey added 15 points in the Pistons' first win since opening night. Stephen Curry topped Golden State with 32 points and Jordan Poole had 30 points. Doncic recorded his sixth consecutive outing of at least 30 points after making 17 of 26 shots from the floor. The Spurs were up by 15 points heading into the fourth quarter before Minnesota pulled to within three early in the period. Keita Bates-Diop scored 18 points for San Antonio, while Tre Jones hit for 10 and Jakob Poeltl grabbed a game-high 14 rebounds.

☆ NFL Week 8 Preview: Seahawks, Giants face off behind strong quarterback leadership
▼ + stars: | 2022-10-30 | by ( Hannah Brewitt | ) edition.cnn.com time to read: +20 min

The Seahawks have won three of their last four while the Giants are on a four-game win streak. The Colts beat their division rivals 34-27 thanks to a last-gasp touchdown from quarterback Matt Ryan to rookie Alec Pierce. Just last week, Giants quarterback Daniel Jones earned NFC Player of the Week honors for his performance against the Jaguars. The Jaguars played in London just last year, when quarterback Trevor Lawrence became the first rookie quarterback to win a regular season game in London. Jaguars quarterback Trevor Lawrence is coming off a turnover-free Week 7 against the Giants.

☆ Herbert Smith Freehills appoints Roberts and Robinson as TMT lead partners
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: 1 min

SINGAPORE, Oct 27 (Reuters) - Herbert Smith Freehills has appointed Veronica Roberts and Mark Robinson as joint global sector lead partners of the global law firm's technology, media and telecoms (TMT) sector. Based in London, Roberts is an European Union, United Kingdom competition law expert who also leads Herbert Smith Freehills' global foreign investment group, the law firm said in a statement late Wednesday. Singapore-based Robinson has advised on corporate transactions, investments and projects in Asia and previously worked in Europe, the Middle East and Africa. Herbert Smith Freehills said it has more than 360 lawyers in its TMT sector. Reporting by Yantoultra Ngui; Editing by Anshuman Daga and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ NBA roundup: Suns overcome heated third quarter, rout Warriors
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +3 min

[1/4] Oct 25, 2022; Phoenix, Arizona, USA; Golden State Warriors guard Klay Thompson waves at the Phoenix Suns bench after being ejected from the game in the second half at Footprint Center. As the Suns were taking advantage of a foul disparity to cling to an 83-77 lead midway through the third quarter, Thompson and Booker were assessed technical fouls for a verbal altercation. Wizards 120, Pistons 99Kyle Kuzma scored 25 points and Kristaps Porzingis added 20 as Washington continued its recent dominance over visiting Detroit. Bojan Bogdanovic scored 25 points to lead Detroit, which has lost three straight following a season-opening win over the Orlando Magic. Tre Mann added 25 points for the Thunder, who were without Josh Giddey (ankle).

☆ Bears vs Patriots: Mac Jones benched mid-game as Chicago scores 23 straight points to beat New England
▼ + stars: | 2022-10-25 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —New England Patriots starting quarterback Mac Jones was benched mid-game in his team’s 33-14 home defeat to the Chicago Bears on Monday Night Football. Jones had missed the past three games with a high ankle sprain but finally returned to the starting line-up to face the Bears. A New England Patriots fan holds a sign during the game against the Bears. In a style change from previous weeks, the Bears coaching staff implemented more designed runs for Fields to utilize his dynamism and keep the Patriots defense off-kilter. “I think that creates an issue sometimes for the defense, depending on what defense they’re in,” Eberflus said.

☆ Tom Brady reaffirms his commitment to the Tampa Bay Buccaneers
▼ + stars: | 2022-10-25 | by ( Ben Church | ) edition.cnn.com time to read: +16 min

CNN —Tom Brady has reaffirmed his commitment to the Tampa Bay Buccaneers after a difficult start to the new season, both on and off the field. Jeff Dean/AP It was tough times for the Tampa Bay Buccaneers and Tom Brady on Sunday against the Carolina Panthers. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. David Richard/AP Tampa Bay Buccaneers wide receiver Breshad Perriman fumbles after catching a pass during the first half against the Green Bay Packers in Week 3. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

☆ NFL roundup: Panthers surprise Bucs, Packers lose third straight
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +10 min

Mandatory Credit: Jim Dedmon-USA TODAY SportsOctober 24 - PJ Walker threw two touchdown passes and the Carolina Panthers shut down Tom Brady and the Tampa Bay Buccaneers in a 21-3 victory Sunday afternoon at Charlotte, N.C. Foreman gained 118 yards on 15 carries and Hubbard picked up 63 yards on nine carries with a touchdown. Commanders 23, Packers 21Taylor Heinicke overcame a rough start, but threw two touchdown passes as Washington rallied to hand Green Bay its third straight loss, in Landover, Md. Travis Etienne went for 114 yards and a touchdown on 14 carries for Jacksonville (2-5), which has lost four straight. With 18 seconds left, Pickett (32-of-44 passing, 257 yards, one touchdown, three interceptions) threw a game-sealing interception in the end zone.

☆ Federal authorities say an inmate in Georgia's most secure prison impersonated a billionaire movie mogul and stole at least $11 million: report
▼ + stars: | 2022-10-23 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Arthur Lee Cofield impersonated a movie mogul stole to steal at least $11 million, per a report. He impersonated Sidney Kimmel using contraband cell phones, The Atlanta Journal-Constitution reported. The 31-year-old reportedly committed the crime while being held in Georgia's most secure prison. Kimmel, 94, is the chairman and CEO of the production company Sidney Kimmel Entertainment. He then chartered a private plane to transport the coins to Atlanta and bought a mansion in Buckhead, Georgia worth $4.4 million.

☆ NFL: Welcome Back Dak, Cowboys' Prescott returns to face the Lions
▼ + stars: | 2022-10-23 | by ( Hannah Brewitt | ) edition.cnn.com time to read: +18 min

CNN —Dallas Cowboys’ quarterback Dak Prescott will be back in action this week after missing the last five games with an injury. Ross D. Franklin/AP Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. The Colts beat their division rivals 34-27 thanks to a last-gasp touchdown from quarterback Matt Ryan to rookie Alec Pierce. Adam Hunger/AP Dallas Cowboys quarterback Cooper Rush celebrates with Dak Prescott after the team's 22-10 win against the Los Angeles Rams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

read moreThe yield on the benchmark 10-year Treasury hit 4.338% earlier, the highest since November 2007. The two-year U.S. Treasury yield , which typically reflects interest rate expectations, surged to 4.639%, the highest since August 2007. We'll continue to see more calls for a slowdown (in Fed policy) as we feel more and more pain in risk markets," he added. The gap between yields on two- and 10-year Treasury notes , was at -27.5 basis points, that's the steepest since mid-September. The 10-year TIPS breakeven rate was last at 2.525%, reflecting the average inflation the market has priced in for the next decade.

☆ Tom Brady apologizes for comparing NFL to ‘going away on deployment for the military’
▼ + stars: | 2022-10-21 | by ( Issy Ronald | ) edition.cnn.com time to read: +14 min

CNN —Tom Brady has apologized for a “very poor choice of words” after he compared playing in the NFL to a military deployment. 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. Jasen Vinlove/USA Today Pittsburgh Steelers wide receiver George Pickens makes a sensational, one-handed catch over Cleveland Browns cornerback Martin Emerson Jr. on September 22. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

The investors allege that Credit Suisse traders shared nonpublic pricing information with traders at other banks. Register now for FREE unlimited access to Reuters.com RegisterThe jury will decide whether Credit Suisse participated in a conspiracy or multiple conspiracies to rig the foreign currency market, and if so, how long each scheme lasted and which of the 15 other banks were involved. "There was a culture of collusion at Credit Suisse," he said, adding that chat room transcripts show the bank's traders sharing information about the spread between the buy and sell price for currencies "every other day." Credit Suisse's attorney Herbert Washer argued that traders chatting in separate rooms about different currency pairs could not be part of the same conspiracy, and that there was no evidence Credit Suisse traders ever acted on the chats. The case is In Re Foreign Exchange Benchmark Rates Antitrust Litigation, U.S. District Court, Southern District of New York, No.

☆ How one GM auto plant's UAW union workforce is learning to make EVs
▼ + stars: | 2022-10-16 | by ( Bob Woods | ) www.cnbc.com time to read: +7 min

The Orion plant, in operation since 1983, was beginning to transition from making a variety of internal combustion engine (ICE) vehicles to EVs. "We started slowly introducing the Bolt on the assembly line," he said, a process that can take up to a year while working out the bugs. There's specialized training required for all the assembly workers on how to deal with those potentially dangerous connections in a safe manner, he said. In essence, "it takes more of an electrician than it does a mechanic" to assemble an EV, Brown said.. The recently upgraded center houses manufacturing laboratory facilities that simulate steps along the assembly line, including robotics and sheet metal fabrication.

☆ Wall St drops as consumer data stokes inflation worry
▼ + stars: | 2022-10-15 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

SummarySummary Companies JPM reports higher-than-expected Q3 profitS&P 500, Nasdaq post weekly declinesU.S. consumer sentiment edges up October; inflation ests. "The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%. Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data. The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.

The dollar also kept rising against Japan's beleaguered yen, hitting a fresh 32-year peak of 148.86. But as the session wore on, equity declines deepened with oil prices pushing energy stocks (.SPNY) down sharply and consumer stocks (.SPLRCD) falling sharply. "We're back to looking at inflation data very carefully. Even though Wall Street had rallied on Thursday despite soaring inflation data, investors appeared to return their focus to the data on Friday, according to Anthony Saglimbene, chief market strategist at Ameriprise Financial. The euro was down 0.55% at $0.9719 while the Japanese yen weakened 0.99% at 148.68 per dollar.

Actor Cuba Gooding Jr. appears in New York Criminal Court for his sentencing hearing after he pleaded guilty to a misdemeanor count of forcibly touching a woman at a New York nightclub in 2018, in Manhattan in New York City, New York, U.S., October 13, 2022. REUTERS/Mike SegarOct 13 (Reuters) - Actor Cuba Gooding Jr. pleaded guilty on Thursday to a single count of harassment under an agreement with prosecutors sparing him any jail time while disposing of a criminal case that stemmed from allegations by several women of sexual misconduct. One of Gooding's lawyers, Frank Rothman, told Reuters that Gooding's harassment plea in Manhattan benefits his client by avoiding a criminal record as well as sparing him further jail time. Charges relating to two out of the three were dismissed outright, and the third ended up in a plea to harassment as a violation," Rothman said. "I've waited three years for the opportunity to speak about the injustice of Cuba Gooding Jr.

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