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☆ Late Night Finds Trump Incapable of Dealing With Facts
▼ + stars: | 2024-01-12 | by ( Trish Bendix | ) www.nytimes.com time to read: 1 min

Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. Stick to the FactsFormer President Donald Trump’s civil fraud trial wrapped up on Thursday. The judge initially denied Trump’s request to speak during closing arguments. “But, as 27 women can tell you, Trump doesn’t take no for an answer,” Stephen Colbert said on Thursday.

Persons: Donald Trump’s, Trump, ” Stephen Colbert Organizations: Netflix

DENVER (AP) — Deion Sanders reinvigorated a fanbase and put a downtrodden football program back on the map in his first season at Colorado. It was a roller-coaster inaugural season as Sanders took over a 1-11 Colorado team. The Buffaloes sprinted out of the gate, going 3-0 and becoming the the talk of college football. This marks the seventh time Deion Sanders has appeared on the cover of Sports Illustrated, five times as a player and one other time when he was coach at Jackson State. “On and off the field, he represents a new model for the modern college coach.”___AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

Persons: — Deion Sanders, Sanders, ” Sanders, Shedeur, Deion Jr, Shelomi, Rick George, Philip DiStefano, Peggy Coppom, Constance Schwartz, Deion Sanders, “ Deion Sanders, ” Stephen Cannella, ” Organizations: DENVER, Buffaloes, Sports Illustrated, Colorado, Folsom Field, The Buffaloes, Jackson State, Sports, AP Locations: Colorado, Folsom

☆ David Letterman Reclaims His Desk at ‘The Late Show’
▼ + stars: | 2023-11-21 | by ( Trish Bendix | ) www.nytimes.com time to read: 1 min

Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. Better Late Than NeverDavid Letterman returned to the Ed Sullivan Theater on Monday night for the first time in eight years. “My guest tonight certainly needs no introduction,” Stephen Colbert said before bringing Letterman out. The former “Late Show” host received extended cheers and enthusiastic chants of “Da-vid!” from the crowd.

Persons: David Letterman, Ed Sullivan, “, ” Stephen Colbert Organizations: Netflix, Letterman

☆ Trump’s radical second-term agenda would wield executive power in unprecedented ways
▼ + stars: | 2023-11-16 | by ( Kristen Holmes | ) edition.cnn.com time to read: +10 min

Wielding the power of federal law enforcement against political enemies. As he seeks a return to the Oval Office, former President Donald Trump and his allies have promised a sweeping transformation of the federal government that would wield the executive branch’s power in radical and unprecedented ways. However, none of these groups or individuals speak for President Trump or his campaign,” campaign advisers Susie Wiles and Chris LaCivita wrote in a statement. Trump’s campaign has recently brought on policy-focused hires who will help craft his policy messaging and eventually look at proposals from various conservative groups. “Stopping the invasion at our southern border is an urgent national security necessity and one of President Trump’s top priorities.

Persons: Donald Trump, arounds, Trump, Susie Wiles, Chris LaCivita, –, “, Joe Biden, Biden, ”, Stephen Vladeck, Trump’s, —, ” Trump, Privately, He’s, Larry Kudlow Organizations: CNN, Office, Trump, Heritage Foundation, Justice Department, Univision, DOJ, University of Texas School of Law, National Security and Intelligence, Oracle, Pentagon, Department, National Guard, Fox Business Locations: Washington, United States of America, Florida, State, America, Mexico, China, United States

☆ Tromsø golf club: The world’s northernmost golf course
▼ + stars: | 2023-11-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

Golf plays on a different axis in the “Land of the Midnight Sun,” and nowhere is that difference more pronounced than at Tromsø golf club, the world’s northernmost 18-hole golf course. Arguably though, it’s overhead where Tromsø golf club really separates itself. It’s a one-of-a-kind experience that has helped drive what Sonsteby has noted as an increased appetite for golf in the region, with Tromsø golf club adding 65 new members to its 470 total membership this year alone. “Now we see the massive increase that Viktor and Suzann have created in golf in this country,” Stephen Newey, head pro at Oslo Golf Club and Pettersen’s junior coach, told CNN. “The kids want to play golf – ‘I want to be like Viktor, I want to be like Suzann,’ and they can.”

Persons: Bjorn Sonsteby’s, ” Sonsteby, “, ‘, Cam Bauer, Sonsteby, Jan Morten Bjoernbakk, Viktor, Viktor Hovland, Hovland, Ryder, Richard Heathcote, Suzann Pettersen, Suzann, ” Stephen Newey, ” Organizations: CNN, Sun, Norway –, Lights, PGA, Getty, Oslo Golf, Pettersen’s Locations: Norwegian, “, Tromsø, Norway, Oslo, Rome

TOKYO (AP) — Asian shares were mostly higher Tuesday ahead of potentially market-moving developments, including a U.S.-China summit and data releases from the U.S., Japan and China. “Asian stocks gained ground as investors awaited U.S. inflation figures, hoping to confirm that interest rates have peaked. But worries remain about whether it can stay solid as the full effects of rate hikes make their way through the system. Economists expect the report to show that consumers paid prices that were 3.3% higher in October than a year earlier, down from September’s inflation rate of 3.7%. General worries about big deficits and the inability of the two parties to work together have helped push Treasury yields higher.

Persons: Australia's, Seng, ” Stephen Innes, Xi Jinping, Joe Biden, Jerome Powell, Powell, It's, it's, Moody’s, Brent Organizations: TOKYO, Nikkei, U.S, Management, Dow Jones Industrial, Nasdaq, Walmart, Federal Reserve, Big Tech, Apple, Microsoft, AAA, New York Mercantile Exchange Locations: U.S, China, Japan, Hong, Shanghai, California

TOKYO (AP) — Asian shares were mostly higher Thursday after the U.S. Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and the economy. Longer-term Treasury yields have in turn been rising rapidly, with the 10-year Treasury yield topping 5% last month to reach its highest level since 2007. He also said the Fed is not considering cuts to interest rates, which can act like steroids for financial markets. On Wall Street, the S&P 500 rose 1.1% to 4,237.86 and the Dow Jones Industrial Average gained 0.7% to 33,274.58. Big Tech stocks were winners Wednesday, along with other high-growth stocks typically seen as the biggest beneficiaries of easier interest rates.

Persons: Australia's, Korea's Kospi, Seng, It’s, ” Stephen Innes, Fumio Kishida, Stocks, Jerome Powell, Powell, ” Powell, Powell’s, Yung, Yu Ma, “, Ma, Brent Organizations: TOKYO, U.S . Federal, Nikkei, Federal Reserve, Management, Fed, Treasury, BMO Wealth Management, Dow Jones Industrial, Nasdaq, Big Tech, U.S Locations: Hong, Shanghai, Japan

☆ Late Night Roasts Mike Johnson
▼ + stars: | 2023-10-26 | by ( Trish Bendix | ) www.nytimes.com time to read: 1 min

Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. Who is Mike Johnson? After three weeks of Republicans struggling to agree on a nominee, Representative Mike Johnson of Louisiana was voted speaker of the House on Wednesday. He called Mr. Johnson “the most generic-sounding congressional leader since the election of Speaker James Kirkland Brand.”

Persons: Mike Johnson, Mike Johnson of, ” Stephen Colbert, Johnson, James Kirkland Brand, ” Organizations: Netflix Locations: Mike Johnson of Louisiana

BANGKOK (AP) — World shares were mixed Wednesday after China pledged more spending to energize its economy. U.S. futures were mixed and oil prices turned higher. In early European trading, Germany's DAX fell 0.4% to 14,825.07 and the CAC 40 in Paris lost 0.5% to 6,864.02. A solid job market and spending by U.S. households has helped keep the economy chugging along. In the oil market, prices have dipped, taking some more pressure off inflation.

Persons: Zhu Zhongming, ” Stephen Innes, Hong, Germany's DAX, Kospi, India's Sensex, they've, they’re, Brent, it's Organizations: China, Xinhua, Agency, Management, CAC, Dow Jones, Dow, Nasdaq, Japan's Nikkei, Sydney, Stock, Treasury, Fed, U.S Locations: BANGKOK, Paris, Frankfurt, Sydney, Seoul, London, Tokyo, Hong Kong . U.S, China, Shanghai, Bangkok, U.S, Israel, Iran

U.S. futures rose while oil prices fell back. A barrel of benchmark U.S. oil fell 97 cents to $87.11 per barrel. Chinese stocks fell to a 1-year low early Monday as foreign investors sold off holdings. High yields make borrowing more expensive for everyone, and they slow the economy while dragging on prices for stocks and other investments. But higher oil prices threaten to add upward pressure.

Persons: Brent, Taiwan’s Taiex, Fumio, Australia’s, ” Stephen Innes, It’s Organizations: Israel, Foxconn Technology, Fortune, Apple, Nikkei, Dow, Nasdaq, Treasury, Management, Federal, Fed, Enphase Energy, Regions Financial, U.S Locations: HONG KONG, Gaza, Gaza City, Israel, Shanghai, Hong, Taiwan, Seoul, Europe, U.S

BANGKOK (AP) — Share prices were mixed on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. U.S. futures were lower and oil prices gained more than $3 a barrel. Conflict in the Middle East often raises the specter of higher oil prices given the risk of disruptions to supplies. Wall Street hates high interest rates because they knock down prices for all kinds of investments. It means the economy is still doing well despite high rates, which could support corporate profits.

Persons: ” Stephen Innes, Brent, India's Sensex, SET, Lloyd Austin, GM, JPMorgan Chase Organizations: Management, New York Mercantile Exchange, Shanghai, U.S . Defense, Ford, Wall Street, Federal Reserve, Dow, Nasdaq, Treasury, Fed, Workers, General Motors, United Auto Workers, Detroit’s, Delta Air Lines, JPMorgan, UnitedHealth Group Locations: BANGKOK, Gaza, Tokyo, Australia, Hong, Palestinian, Israel

BANGKOK (AP) — Crude oil prices surged and share prices were mostly lower on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. Oil prices fell back slightly after gaining more than $3 a barrel. Conflict in the Middle East often pushes oil prices higher given the risk of disruptions to supplies. Wall Street hates high interest rates because they hurt prices for all kinds of investments. It means the economy is still doing well despite high rates, which could support corporate profits.

Persons: ” Stephen Innes, Brent, Germany's DAX, Australia's, India's Sensex, Lloyd Austin, GM, JPMorgan Chase, Jon Gambrell Organizations: Management, New York Mercantile Exchange, Israel’s, Bank, U.S ., CAC, Dow, U.S . Defense, Ford, Wall Street, Federal Reserve, Nasdaq, Fed, General Motors, United Auto Workers, Detroit’s, Delta Air Lines, JPMorgan, UnitedHealth Group Locations: BANGKOK, Gaza, Tel, Paris, London, Shanghai, Hong Kong, Bangkok, Tokyo, Palestinian, Israel, Jerusalem

TOKYO (AP) — Shares in Asia were mostly higher on Wednesday, shrugging off a sharp decline on Wall Street that took benchmarks back to where they were in June. That pushed the Fed last week to say it will likely cut interest rates by less next year than earlier expected. Besides high interest rates, a long list of other worries is also tugging at Wall Street. On Wall Street, the vast majority of stocks fell Tuesday under such pressures, including 90% of those within the S&P 500. Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index.

Persons: shrugging, Hui Ka Yan, Australia's, ” Stephen Innes, Brent Organizations: TOKYO, Tokyo's Nikkei, Hang Seng, Bloomberg, Garden Holdings, Dow Jones, Nasdaq, Federal Reserve, Treasury, Fed, U.S, Management, Big Tech, Apple, Microsoft, Federal Trade Commission Locations: Asia, Hong Kong, Shanghai, China, Seoul, Maryland, Carolinas

Stock prices were mostly higher in Asia on Monday as investors awaited an update on U.S. inflation and China’s latest economic data. The futures for the S&P 500 and Dow were trading higher. That could lead the Federal Reserve and other central banks to keep interest rates higher for longer, which would hurt prices for shares and other investments. On Friday, stocks edged higher on Wall Street, but markets still ended their first losing week in the last three. High interest rates are supposed to slow the economy and hurt the job market, which should ultimately help undercut inflation.

Persons: Zichun Huang, Hong, Hang Seng, Australia's, Kroger, ” Stephen Innes, Brent, Kazuo Ueda Organizations: Dow, Federal Reserve, Economics, Nikkei, U.S, Labor, Dow Jones, Nasdaq, Albertsons, Treasury, Management, New York Mercantile Exchange, Bank of Japan Gov Locations: Asia, Hong Kong, Tokyo, Shanghai, Sydney, Seoul, China

Crude oil prices pushed higher, adding to inflationary pressures at a time when investors are hoping to see central banks back away from interest rate hikes. Energy stocks rose along with crude oil prices after Saudi Arabia and Russia said they will extend their voluntary production cut of 1 million barrels of oil a day through the end of the year. Much of the information fueled hopes that the Fed might moderate interest rate increases to fight inflation, which has been easing for months. Wall Street expects the Fed to hold its benchmark interest rate steady at its next meeting later in September, just as it did at its previous meeting. The central bank has raised its main interest rate aggressively since 2022 to the highest level since 2001.

Persons: ” Stephen Innes, Russell, Cintas, Brent, Kroger, Alex Veiga, Damian J, Troise Organizations: Japan’s Nikkei, Management, Labor, Dow Jones, Nasdaq, New York Stock Exchange, Merck, Co, JPMorgan Chase, Microsoft, Energy, Chevron, New York Mercantile Exchange, Institute for Supply Management, GameStop, Dave, AP Business Locations: Asia, U.S, Seoul, Australia, Shanghai, Saudi Arabia, Russia

☆ What’s going on with China’s shadow banking system?
▼ + stars: | 2023-09-06 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

The world’s second-largest economy is grappling with growing financial distress, which means big problems for the nation’s nearly $3 trillion shadow banking industry. What’s happening: Shadow lenders, including trust firms, operate outside of the formal banking system. That’s because shadow banks are not just a problem in China. The key concern, said Towes, is whether Western organizations have loaned to shadow banks and are now vulnerable. Production cuts by OPEC+, which produces 40% of the world’s crude oil, have helped send oil prices higher in recent months, a development that could have repercussions for inflation and interest rates.

Persons: they’ve, ”, Phillip Toews, “ we’ve, Toews, that’s, Goldman Sachs, Matt Egan, That’s, It’s, “, Jan Hatzius, ” Hatzius, —, CNN’s Hanna Ziady, Brent, ” Stephen Innes Organizations: CNN Business, Bell, New York CNN, Asset Management, US, IMF, Global, Federal Reserve, West Texas, Organization of, Petroleum, Saudi Ministry of Energy Locations: New York, China, Beijing, Europe, Saudi Arabia, Russia, OPEC

☆ Oil prices surge after Saudi Arabia and Russia extend production cuts
▼ + stars: | 2023-09-05 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —Oil prices hit a new high for the year so far after Saudi Arabia and Russia — the world’s biggest crude exporters — said they would extend output cuts by at least another three months. The moves by Saudi Arabia and Russia reinforce efforts by the alliance known as OPEC+ — which includes members of the Organization of the Petroleum Exporting Countries and other producers — to support oil prices by agreeing to deep and prolonged production cuts. Saudi Arabia needs Brent crude to trade at around $81 a barrel in order to balance its budget, according to the International Monetary Fund. Production cuts by OPEC+, which produces 40% of the world’s crude oil, have helped send oil prices higher in recent months, a development that could have repercussions for inflation and interest rates. “These impending increases in oil prices present a fresh challenge for central banks as they continue their diligent efforts to bring inflation levels back in line with their desired targets.”

Persons: —, Brent, Alexander Novak, Novak, “, ” Stephen Innes Organizations: London CNN, West Texas, Organization of, Petroleum, Saudi Ministry of Energy, International Monetary Fund, Russia’s, Reuters Locations: Saudi Arabia, Russia, OPEC, Saudi, Riyadh, Ukraine

☆ Rodriguez, Singer Whose Career Was Resurrected, Dies at 81
▼ + stars: | 2023-08-09 | by ( Neil Genzlinger | More About Neil Genzlinger | ) www.nytimes.com time to read: +2 min

Australia was one place where his music had found an audience, and in 1979 he was invited to tour there. He returned in 1981 for a few shows with the band Midnight Oil and released a live album in Australia. He seemed to have no idea how popular he was there, especially among white South Africans uncomfortable with apartheid and the country’s rigidly conservative culture. He joined forces with Craig Bartholomew-Strydom, a journalist who was also searching for Rodriguez, and eventually they found the singer, still living in Detroit. A 1998 tour of South Africa followed, with Rodriguez playing six sold-out shows at 5,000-seat arenas.

Persons: —, ” Stephen Segerman, you’d, Simon, Garfunkel, Rodriguez, ”, Segerman, Craig Bartholomew, Strydom Organizations: Oil, Cape Town, Beatles, Sunday Telegraph Locations: Detroit, Australia, South Africa, Britain

☆ When the Scientific Method Is an Accessory to Murder
▼ + stars: | 2023-08-08 | by ( Maya Phillips | More About Maya Phillips | ) www.nytimes.com time to read: +2 min

LIQUID SNAKES, by Stephen KearseSomeone sound the alarms, bar the labs and give Dr. Fauci a ring — the scientists have gone mad. Not in real life, thankfully, but in “Liquid Snakes,” Stephen Kearse’s new novel, in which two C.D.C. epidemiologists try to track down a man’s home-brewed drug that he plans to wield as a bioweapon for revenge. Clever, pretentious and a bit sociopathic, Kenny is the mad scientist Walter White-ing his way through an unnecessarily involved revenge plot. But unlike Walter, Kenny is awfully dull.

Persons: Stephen Kearse, Fauci, Stephen Kearse’s, epidemiologists, Kenny Bomar, Kenny milks, Kenny, Walter White, Walter, don’t Organizations: Valencia

☆ Blackstone Becomes First $1 Trillion Private Equity Manager
▼ + stars: | 2023-07-20 | by ( Michael J. De La Merced | More About Michael J. De La Merced | ) www.nytimes.com time to read: +1 min

For years, private equity firms have sought to join a special club: managing $1 trillion in assets, a milestone that would put them in the same league as mutual fund behemoths like BlackRock and Fidelity and banking giants like JPMorgan Chase. On Thursday, Blackstone became the first in the private equity industry to hit that level, boasting in its latest quarterly earnings report that it managed just over $1 trillion in assets as of the end of June. For firms like Blackstone, attaining that size cements their position as a major player in mainstream finance. On Main Street, the firm is perhaps best known for striking debt-fueled takeovers of companies, even if in reality it has long since branched out into an array of other businesses, from lending to real estate. “This milestone reflects the extraordinary trust we have developed with our investors,” Stephen A. Schwarzman, Blackstone’s co-founder and chief executive, said in a statement, adding that he saw “a vast opportunity for further expansion.”

Persons: Blackstone, ” Stephen A, Blackstone’s Organizations: Fidelity, JPMorgan Chase, Blackstone Locations: BlackRock

☆ Enter the 50-Ton Concert Hall That Hangs Like a Disco Ball
▼ + stars: | 2023-06-23 | by ( Javier C. Hernández | ) www.nytimes.com time to read: 1 min

The lights inside the cavernous McCourt space at the Shed had been dimmed, and a mystical soundtrack was playing. “Your journey begins in five minutes,” a recorded voice announced to the roughly 200 people gathered there on a recent evening. A curtain opened, revealing a 50-ton spherical, suspended concert hall that glowed red and orange. There were whispers among audience members that the hall, called the Sonic Sphere, resembled a spaceship, Epcot, a disco ball or the Death Star. “I want to lose myself in the sound,” Stephen Ross, an architect, said as he made his way up a flight of stairs to the main entrance.

Persons: McCourt, ”, Steve Reich’s, ” Stephen Ross

☆ The North Atlantic is experiencing a ‘totally unprecedented’ marine heat wave
▼ + stars: | 2023-06-20 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

CNN —Temperatures in parts of the North Atlantic Ocean are soaring off the charts, with an “exceptional” marine heat wave happening off the coasts of the United Kingdom and Ireland, sparking concerns about impacts on marine life. Parts of the North Sea are experiencing a category 4 marine heat wave – defined as “extreme” – according to the National Oceanic and Atmospheric Administration. And in 2021, an extreme heat wave cooked around a billion shellfish to death on Canada’s West Coast. As climate change intensifies, marine heat waves are set to become more common. The frequency of marine heat waves has already increased more than 20-fold due to human-caused global warming, according to a 2020 study.

Persons: ” Stephen Belcher, ”, Mika Rantanen, Richard Unsworth, “, ” Unsworth, Albert Klein Tank, Rantanen Organizations: CNN, National Oceanic, Atmospheric Administration, UK Met, Met Office’s, Finnish Meteorological Institute, biosciences, Plymouth University, UK Met Office, Met Office Hadley Locations: United Kingdom, Ireland, Iceland, Europe, Gulf Coast, Texas, West Coast, El

☆ Opinion | Golf’s Antitrust Problem Just Got Bigger
▼ + stars: | 2023-06-07 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Sports leagues love competition, except against one another. The leagues make more money when they don’t have to compete for talent and audience. The PGA Tour will appoint a majority of the board and hold a majority voting interest in the combined entity. But the Saudi sovereign wealth fund, the Public Investment Fund, will start out as the exclusive investor in the entity, and Yasir al-Rumayyan, the wealth fund’s governor, will be the entity’s chairman. In this case the PGA Tour looks more swallowed than swallowing, but Ross told me, “From the branding point of view the PGA Tour was a monopoly and it will still be the dominant organizer with its new huge partner.”

Persons: LIV, Yasir al, it’s, That’s, ” Stephen Ross, Ross, ” Organizations: Saudi, LIV Golf, The Times, Public Investment Fund, Penn State Law Locations: Saudi Arabia, Europe, Saudi

☆ Opinion | Justice Delayed
▼ + stars: | 2023-05-16 | by ( Lisa Belkin | ) www.nytimes.com time to read: +3 min

“We investigated this thing upside down,” said Jerry Hill, a retired state attorney, in a “Bone Valley” interview with Mr. King’s co-host, Kelsey Decker, minutes after the board denied parole to Mr. Schofield in 2020. And so it went in the Adams and Schofield cases, as the prosecutors all but physically barred the jailhouse door. There was no expression of regret from the prosecutors who convicted Randall Dale Adams in Dallas. (Mr. Lindsey himself spent three years on death row before the Florida Supreme Court concluded the evidence was insufficient to sustain his conviction. He is one of 30 death row inmates in Florida to be exonerated since 1972, according to the Death Penalty Information Center.)

☆ More than 13,000 Are Evacuated as Wildfires Burn in Western Canada
▼ + stars: | 2023-05-06 | by ( Mike Ives | ) www.nytimes.com time to read: 1 min

More than 13,000 people have been evacuated from the western Canadian province of Alberta as dozens of wildfires burn there, officials said on Friday. About 78 active wildfires were burning across the province as of Friday morning, and 19 of them were classified as “out of control,” Stephen Lacroix, the managing director of the Alberta Emergency Management Agency, said at a news conference on Friday morning in Edmonton, the provincial capital. He called the situation “evolving and extremely fluid.”By late Friday evening, the website of the province’s wildfire agency showed that the number of active wildfires had grown to more than 100, more than a third of them out of control. A spokeswoman for the Alberta government declined to comment on Friday night, referring a reporter to the province’s website and social media pages.

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