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☆ Cramer's advice after another down day for stocks: Hunker down and wait for better prices
▼ + stars: | 2024-04-02 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

"After a day like today, all you can do is patiently hunker down and wait for lower prices," Cramer said on "Mad Money." Additional declines may be on the horizon, as investors grapple with rising oil prices and higher bond yields tied to stronger recent economic data, Cramer said. In assessing the factors behind the declines this week, Cramer indicated he's not overly concerned with the longer-term implications for stocks. "Yes, we've got higher rates, but the impact on the economy is not profound," Cramer said. "Meanwhile, the impact on the market is what you'd usually expect: People pay less for stocks when rates go up.

Persons: CNBC's Jim Cramer, Cramer, haven't, he's, we've Organizations: Dow Jones, Nasdaq

☆ Wall Street is barreling toward a big week ahead with megacap earnings, Fed meeting in focus
▼ + stars: | 2024-01-26 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Wall Street is headed into the thick of earnings season, with results on deck from the bulk of the so-called Magnificent Seven names. On top of that, the Federal Reserve's latest monetary policy decision and the January jobs report will be in focus. Federal Reserve meeting Investors aren't anticipating much out of the Fed meeting next week. Market participants say recent reports show the trends have been going in the right direction, and Friday's report is expected to confirm the softening in the jobs market. Other significant earnings in the week ahead include Boeing , a major Dow component.

Persons: Russell, we've, Shannon Saccocia, Jonathan Krinsky, Tesla, that'll, Hogan, you've, John Bailer, Jerome Powell, Tony Welch, Welch, FactSet Organizations: Microsoft, Nvidia, Dow Jones Industrial, Nasdaq, Dow, JPMorgan, Riley Securities, Newton Investment Management, Fed, PCE, Boeing, Alaska Airlines, Dallas, Whirlpool, Petroleum, United Parcel Service, General Motors, Pfizer, Devices, ADP, ECI Civilian Workers, Chicago PMI, Mastercard, Qualcomm, Labor, PMI, Manufacturing, Apple, Chevron, Exxon Mobil Locations: Thursday's, nonfarm payrolls, Chicago, Royal Caribbean, Michigan

☆ Finns could be paid to use electricity tomorrow after a massive energy trade screw up
▼ + stars: | 2023-11-23 | by ( Jake Swearingen | ) www.businessinsider.com time to read: +2 min

This mistake drove Friday electricity prices down to negative €203 per megawatt-hour. Finns could actually be paid to use electricity on Friday because of the extremely low prices. AdvertisementA jaw-dropping blunder in Finland's electricity market temporarily sent prices into chaos today — and could result in Finns actually being paid to use electricity. As a result, the price of electricity plummeted to negative €203 per megawatt-hour on Nord Pool, the Nordic region's electricity exchange. AdvertisementTheoretically, this could mean some Finns would be paid to consume cheap electricity.

Persons: —, Pontus de Mare, Fingrid, Jäppinen Organizations: Service, Kinect Energy, Svenska, Bloomberg News, day's, Finns, Finnish, Helsingin Sanomat Locations: Finnish, Finns, Finland, Ukraine

☆ Israel, Gaza and What We Get Wrong - The New York Times
▼ + stars: | 2023-11-15 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +8 min

We’ve reached a searing milestone: In just five weeks of war, half of 1 percent of Gaza’s population has been killed. The second myth is that Palestinians can be put off indefinitely, strung along by Israel, the United States and other countries. I’m all for surgical strikes against Hamas and I would be delighted if Israel managed to end extremism in Gaza. It also means renouncing what Netanyahu called “mighty vengeance” that transforms entire neighborhoods of Gaza into rubble, with bodies buried underneath. If you weep only for Israeli children, or only for Palestinian children, you have a problem that goes beyond your tear ducts.

Persons: —, We’ve, Benjamin Netanyahu’s, Isaac Herzog, Israel, Roy Grow, Mohammed Alshannat, ”, Netanyahu, don’t Organizations: Hamas, Health Ministry, United Nations, Bank, Carleton College Locations: Gaza, Yemen, Syria, Western Sahara, Xinjiang, Israel, United States, Palestinian, Palestine, Saudi Arabia

☆ In Regulating A.I., the Government May Be Doing Too Much. And Too Little. - The New York Times
▼ + stars: | 2023-11-07 | by ( Tim Wu | ) www.nytimes.com time to read: +2 min

But if social networking was a wolf in sheep’s clothing, artificial intelligence is more like a wolf clothed as a horseman of the apocalypse. certainly poses problems and challenges that call for government action, the apocalyptic concerns — be they mass unemployment from automation or a superintelligent A.I. If doing too little, too late with social media was a mistake, we now need to be wary of taking premature government action that fails to address concrete harms. The White House is not wrong to want standardized testing of A.I. systems to keep the government apprised of safety tests, and also to have the secretary of labor study the risks of and remedies for A.I.

Persons: Stanley Kubrick’s, —, that’s Organizations: HAL

☆ It shouldn't matter if people work multiple jobs. The former VP of HR at Microsoft shares how to react to double dippers — 'get over it.'
▼ + stars: | 2023-11-06 | by ( Chris Williams | ) www.businessinsider.com time to read: +9 min

Working multiple jobs is commonYou know who also works two jobs? It even sprouted an online community at Overemployed.com of how-to articles and people sharing tips on how to work multiple jobs remotely. An employee working for a competitor — or even worse, leveraging confidential information — is a problem. AdvertisementAdvertisementRather it should be, "Can you teach everyone how you're doing that?" You have an employee doing good work and getting fairly compensated for that work.

Persons: Chris Williams, —, I've, Uber, You've, it's, they're Organizations: Microsoft, Service, Employees, Silicon, . Locations: Overemployed.com

☆ Rockets visit Spurs as both teams hit reset
▼ + stars: | 2023-10-26 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

October 26 - The San Antonio Spurs and Houston Rockets will look to put opening-night disappointments in the rear-view mirror when the Lone Star State rivals meet on Friday in the Alamo City. San Antonio and Houston tied for the worst record (22-60) in the Western Conference last season. A back-and-forth final period featured five ties before a pair of free throws by San Antonio's Devin Vassell with 2:09 to play gave San Antonio a short-lived advantage. Fred VanVleet and Dillon Brooks hit for 14 points apiece in their Houston debuts while Alperen Sengun posted 14 points, eight rebounds and six assists for the Rockets. "This was the worst game we've played collectively and individually."

Persons: Antonio's Devin Vassell, San Antonio, Kyrie Irving, Victor Wembanyama, Wembanyama, We're, Tim Duncan, Duncan, Vassell, Keldon Johnson, Tre Jones, Zach Collins, Jeremy Sochan, Fred VanVleet, Dillon Brooks, Alperen Sengun, Houston, Jabari Smith, Ime Udoka, Udoka, we've Organizations: San Antonio Spurs, Houston Rockets, Lone Star State, Spurs, Dallas, Houston, Western Conference, San, Mavericks, NBA, Rockets, Orlando, Thomson Locations: Alamo, Orlando, Antonio, France

He said he would ask Congress on Friday for a combined security funding package – described at being around $100 billion for Ukraine, Israel, Taiwan and the U.S.-Mexico border – to help Ukraine and Israel defend themselves. Biden warned that Putin would not stop there, perhaps moving to Poland or another NATO nation and escalating the conflict. NATO's charter says that if one member nation is attacked, all of NATO will come to that member's aid. Biden called for unity in the United States, including an intolerance for both antisemitism and Islamophobia in the wake of the Hamas attack. But he said it was imperative that the United States take the lead during the separate crises he said were related by the common theme of defending democracy and the dignity of people.

Persons: Joe Biden, Biden, Vladimir Putin's, ” Biden, Israel –, – Biden, Putin, Israel, grousing Organizations: NATO, West Bank, Hill, Israel, Republicans Locations: United States, U.S, Ukraine, Israel, America, Taiwan, Mexico, Poland, Gaza, Hamas

☆ Biden’s Response to Israeli War Meets Centrist Praise and Liberal Anger
▼ + stars: | 2023-10-19 | by ( Reid J. Epstein | More About Reid J. Epstein | ) www.nytimes.com time to read: +4 min

He pleaded with the Israelis not to overreact, as he said the United States did after the terrorist attacks on Sept. 11, 2001. Mr. Biden’s speech comes as his political coalition has begun to fray over the Israeli conflict. “I am grateful to have @POTUS thoughtful leadership in this moment,” Representative Emanuel Cleaver of Missouri wrote on social media. “Joe Biden flew into a war zone to stand with Israel,” Mr. Auchincloss said late Wednesday. “Trump wouldn’t even visit a cemetery of American war dead.” (Mr. Trump, in 2018, canceled a planned trip to a French cemetery, and his aides cited the rainy weather.)

Persons: Biden, Israel —, “, Emanuel Cleaver, Missouri, Steny Hoyer, Biden “, Richard Haass, Jake Auchincloss, Donald J, Trump, “ Joe Biden, ” Mr, Auchincloss, “ Trump, ”, Cori Bush, André Carson, Pope Francis, Rashida Tlaib, Jerry Nadler, Debbie Wasserman Schultz, Ilhan Omar, Omar, Dilawar Syed, Wadea, ’, Josh Paul, Biden administration’s Organizations: Democratic, Progressives, Democrats, Maryland, Foreign Relations, Biden, Liberal Democrats, Gaza, Capitol, Florida, Small Business Administration, Department Locations: Israel, Ukraine, Tel Aviv, United States, Gaza, America, Massachusetts, Missouri, André Carson of Indiana, Michigan, York, Minnesota, Chicago

☆ How Hezbollah could draw US troops into a wider war in the Middle East
▼ + stars: | 2023-10-19 | by ( Tom Porter | ) www.businessinsider.com time to read: +8 min

The Israel-Hamas war could spark a wider regional conflict in the Middle East. AdvertisementAdvertisementPresident Joe Biden this week touched down in Israel as the Middle East was engulfed in new turmoil. AdvertisementAdvertisementThey'd threatened to attack Israel in support of Hamas before the hospital attack, with clashes in recent days between Hezbollah and Israeli forces on Israel's northern border intensifying. AdvertisementAdvertisementIn Hezbollah, Israel faces an opponent that is better armed and trained than the Gaza-based Hamas militia. "They want to pressure Israel via Hezbollah when Israel is already stretched and distracted," said Burrows.

Persons: —, Joe Biden, Biden, Michael DiMino, Benjamin Netanyahu, BRENDAN SMIALOWSKI, Ebrahim Raisi, Israel, JOSEPH EID, Mat Burrows, Burrows, Robert Dover, Stimson Center's Burrows, Iran's, Clive Jones, DiMino Organizations: Service, Hezbollah, CIA, Israel, Tel Aviv's, Getty, Al, UN, West Bank, Embassy, Washington, Stimson Center, Missile, AFP, Kremlin, University of Hull, Institute for, Durham University Locations: Israel, East, Iran, Gaza, Tel Aviv's Ben Gurion, AFP, Ahli, Gaza City, — Iran, Lebanon, Egypt, Syria, DC, Russia, China, Ukraine, Taiwan, Syrian, Iraq, Yemen, United States

☆ Philadelphia Fed President Harker advocates holding interest rates 'where they are'
▼ + stars: | 2023-10-13 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Philadelphia Federal Reserve President Patrick Harker said Friday he thinks the central bank can stop raising interest rates. I believe that we are at the point where we can hold rates where they are," Harker said in prepared remarks for the Delaware State Chamber of Commerce. Reports this week showed that 12-month rates for inflation are coming down but remain above the Fed's 2% annual target. "We remain data dependent but patient and cautious with the data," he added. I didn't coin it, but my expectation is that rates will need to stay high for a while," he said.

Persons: Patrick Harker, Harker, specter Organizations: Philadelphia Federal, Delaware State Chamber of Commerce, Market, Wall Street Locations: Delaware

☆ ECB's Stournaras interview with Reuters
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +9 min

Member of the ECB governing council and Governor of the Bank of Greece, Yannis Stournaras talks during an interview with Reuters in Athens, Greece, October 11, 2023. The rise in bond yields means that financial conditions are even tighter Than before given monetary policy decisions. A: I think we should act only based on monetary policy reasons and justifications. And for the moment I see no reason why we should tighten monetary policy now because increasing the minimum requirements will imply monetary policy tightening. So, we have a pipeline of monetary policy tightening which has been decided in the past.

Persons: Yannis Stournaras, Louisa Gouliamaki, European Central Bank policymaker Yannis Stournaras, it's, I'm, reinvestments, Francesco Canepa Organizations: Bank of Greece, Reuters, REUTERS, Rights, European Central Bank policymaker, ECB, European Commission, Governing, Thomson Locations: Athens, Greece, Palestine, Russia, Ukraine, Iran, China, Europe, Israel, Italy

☆ Cramer examines the consumer price index report, says inflation was 'slightly too hot'
▼ + stars: | 2023-10-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer gave his take on Thursday's consumer price index report for September. "In the end, the CPI report wasn't great but it wasn't that bad either, and investors kept their composure, taking the slightly too hot inflation number in stride," he said. In September, CPI increased 0.4% month over month and 3.7% year over year, slightly higher than Wall Street estimates. Cramer highlighted one category in the report: services excluding energy, which was up 5.7% from September 2022. Cramer also said mortgage rates edging toward 8% will affect the price of homes and eventually filter down to rent.

Persons: CNBC's Jim Cramer, Cramer, nonfarm, —, I'm, we've Organizations: Wall

“And it was like, huh!”When a smaller restaurant unexpectedly goes viral on TikTok or other social media, the sudden demand can be overwhelming. But savvy business owners who are able to adapt can parlay newfound fame into a lasting boost for their business. Elreda now has 10 locations, including newly opened restaurants in Detroit and Brooklyn — an expansion started by one viral video. “But it’s a good tired.”One person who knows about going viral is Dominique Ansel. In 2013, before most people knew the term “going viral,” the French pastry chef created the “Cronut,” a cross between a croissant and a doughnut, at his newly opened New York bakery.

Persons: hasn't, Nicolas Heller, New York Nico, “, ” John Philis, Ali Elreda, Elreda, @misohungry, ”, It’s, Kevin Muccular, Katy, Chimetime, Aunt Bill’s, ” Muccular, Muccular, Philis, Max Ferfoglia, Nico’s, hasn’t, Dominique Ansel, Ansel, there’s Organizations: Lexington Candy, Sam's, Walmart, Labor, YouTube Locations: Lexington, New York City, New York, Downey , California, Detroit, Brooklyn, Katy , Texas, Houston, Texas, ”, Hong Kong, Las Vegas

☆ Gas is rapidly approaching $6 in one state
▼ + stars: | 2023-09-19 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

In California, gas prices are rapidly approaching $6 a gallon. Nationally, gas prices remain well below the record of $5.02 set last June. Still, US gas prices climbed this week to $3.88 a gallon, the highest level of the entire year, according to AAA. Boosted by those two nations’ aggressive supply cuts, US oil prices climbed to as high as $93.74 a barrel on Tuesday. And this recent rise in gas prices is causing headaches for some in Washington.

Persons: it’s, That’s, Pain, Joe Biden’s, Jerome Powell, Powell, ” Nicholas Colas, Colas, “, ”, Joe Brusuelas, Andy Lipow, Lipow, Russia don’t, Brent, Goldman Sachs, Vincent Reinhart, RSM’s, Reinhart, ’, Morgan Stanley, Kristina Hooper Organizations: New York CNN, —, AAA, Brent, Federal, DataTrek Research, RSM, Lipow Oil Associates, Rockies, Citigroup, Fed, Mellon Locations: United States, West Coast, In California, Los Angeles, Long Beach, California, Washington and Nevada, Saudi Arabia, Russia, It’s, Washington, OPEC

☆ What we learned from Week 1 of 2023 NFL season
▼ + stars: | 2023-09-12 | by ( Ben Morse | ) edition.cnn.com time to read: +7 min

CNN —Week 1 of the new NFL season is in books and there are no shortage of talking points. This year’s influx of rookies made their first steps in the NFL over the weekend with varying success. Most notably was the serious-looking injury suffered by Aaron Rodgers on his New York Jets debut on Monday Night Football. It is the second serious injury Dobbins has suffered in his short NFL career after he tore his ACL, ruling him out of the 2021 season entirely. Matt Durisko/APAlso, can Zach Wilson – who was relegated to the Jets’ bench after Rodgers’ arrival – maintain a playoff push?

Persons: –, Brock Purdy, Matt Freed, – Bryce Young, C.J ., Anthony Richardson –, Richardson, Bijan Robinson, he’s, Robinson, Danny Karnik, Derek Carr, Jimmy Garoppolo, Baker Mayfield, Jordan Love, Aaron Rodgers, Sam Howell, Quinn Harris, Rodgers, Robert Saleh, Achilles, MRI’s, it’s, ” Rodgers, Michael Owens, Dobbins, John Harbaugh, Joe Burrow, Justin Herbert, Brandon Aiyuk, Matt Durisko, Zach Wilson – Organizations: CNN, NFL, Super, San Francisco 49ers, Pittsburgh Steelers, C.J, Stroud, Atlanta Falcons, Young’s Carolina Panthers, Carolina Panthers, New, New Orleans Saints, Las Vegas Raiders, Tampa Bay Buccaneers, Green Bay Packers, Soldier Field, NFC North, Chicago Bears, Getty, New York Jets, Monday, Jets, Packers, Buffalo Bills, Bills, Baltimore Ravens, Houston Texans, Steelers, Dallas Cowboys, New York Giants, Detroit Lions, Kansas City Chiefs, Cleveland Browns, Cincinnati Bengals, Browns, Bengals, Los Angeles Chargers, Miami Dolphins, Chargers, Jacksonville Jaguars, Washington, Philadelphia Eagles, New England Patriots, Indianapolis Colts, Kansas City Chiefs Carolina Panthers, Atlanta Falcons Houston Texans, Baltimore Ravens Cincinnati Bengals, Cleveland Browns Jacksonville Jaguars, Indianapolis Colts Tampa Bay Buccaneers, Minnesota Vikings Tennessee Titans, New Orleans Saints San Francisco 49ers, Pittsburgh Steelers Arizona Cardinals, Washington Commanders Green Bay Packers, Chicago Bears Las Vegas Raiders, Denver Broncos Miami Dolphins, Los Angeles Chargers Philadelphia Eagles, New England Patriots Los Angeles Rams, Seattle Seahawks Dallas Cowboys, New York Giants Buffalo Bills Locations: C.J . Stroud, New Orleans, Florida, Washington, J.K, Sunday’s

☆ Opinion | Can Liberalism Save Itself?
▼ + stars: | 2023-08-26 | by ( Samuel Moyn | ) www.nytimes.com time to read: +3 min

Yet just a few years later, Cold War liberalism emerged as a rejection of the optimism that flourished before the mid-20th century’s crises. This was a liberalism of fear, as another Cold War liberal intellectual, the Harvard professor Judith Shklar, said. In a way, fear was understandable: Liberalism had enemies. The Cold War changed all that. “We must be aware of the dangers which lie in our most generous wishes,” the Columbia professor and Cold War liberal Lionel Trilling explained.

Persons: Isaiah Berlin, Judith Shklar, Robert Oppenheimer, ” Frustratingly, Alexis de Tocqueville, John Stuart Mill, Bernie Sanders, Lionel Trilling Organizations: Communist, Oxford, Communists Locations: China, Eastern Europe, overreact, America, Soviet Union, French, Columbia

☆ Here's more evidence that it's really hard to make money picking stocks
▼ + stars: | 2023-08-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +9 min

And only a handful of stocks have accounted for the bulk of wealth creation in the stock market in the last 30 years. The good news: U.S. companies are far and away the biggest drivers of stock wealth creation in the last 30 years. Stock market wealth is highly concentrated How can this be? Just five stocks accounted for 10% of global net stock market wealth creation over 31 years. The reason, as this paper demonstrates, is that stock returns are not normally distributed over time.

Persons: Hendrik Bessembinder, Johnson, Roche, Kwiechow, Tencent, Tesla, Nicholas Colas, Larry Swedroe, Swedroe, Colas Organizations: Global, CFA, Treasury, Microsoft, Apple, Walmart, Facebook, Samsung, Johnson, Taiwan Semiconductor, Nestle, U.S, DataTrek Research, Strategic, New York Stock Exchange Locations: United States, U.S, China

☆ Gaslighting: What it really is and how to address it
▼ + stars: | 2023-08-07 | by ( Kristen Rogers | ) edition.cnn.com time to read: +9 min

The concept of gaslighting originated from the 1944 film “Gaslight” and the 1938 play on which it was based. Signs you’re being gaslitThere are other common misconceptions about the nature of gaslighting, experts said. What pushes these behaviors into gaslighting territory has to do with what the person you’re dealing with says and their intentions behind it. The degree to which a person gaslights someone else can vary, but gaslighting is always emotional abuse, whether intentional or not, experts said. Talking to a therapist can help you get an objective perspective and see more clearly any signs of gaslighting behavior and psychological abuse, Kennedy said.

Persons: Jonah Hill, Sarah Brady, Webster, we’re, ‘, ”, Vanessa Kennedy, Monica Vermani, Gaslighting, ” Vermani, —, Vermani, Kennedy, “, she’s, ” Kennedy, — that’s, don’t, Duygu Balan, ” Balan, gaslighting, I’m, ’ ” Kennedy Organizations: CNN, Merriam Locations: Texas, Canada, San Francisco Bay

☆ Let go of past pain: A mind-body approach to healing ancestral trauma
▼ + stars: | 2023-07-30 | by ( Jessica Dulong | ) edition.cnn.com time to read: +12 min

Hübl: First off, trauma often gets conflated with adversity itself, but it’s actually how our nervous system responds to a distressing experience. Our nervous system is trying to keep us safe. When we go through an overwhelming experience that the nervous system cannot process, we lose our relationship to life in that moment. These reactions can get frozen into our nervous system so that triggering circumstances stir up trauma responses. This helps me train my nervous system to strengthen pathways for self-awareness, creating an inner mindfulness.

Persons: Thomas Hübl, Thomas, Hübl, ”, it’s, It’s, I’m, “ Othering, we’re, There’s, Jessica DuLong Organizations: CNN Locations: Brooklyn , New York

☆ A Half-Million Americans May Have Tick-Linked Meat Allergy, C.D.C. Says
▼ + stars: | 2023-07-27 | by ( Emily Anthes | More About Emily Anthes | ) www.nytimes.com time to read: +2 min

Lone star ticks, which scientists believe are the primary culprits of the disease in the United States, can transmit the sugar to people through a bite. Even patients who have the syndrome may not feel sick every time they eat meat. “It’s consistently inconsistent,” Dr. Salzer said. Until August 2021, a single commercial lab did nearly all of this antibody testing in the United States. In one of the new studies, researchers reviewed the results of the antibody tests performed at this lab from 2017 to 2022.

Persons: Salzer, Maya Jerath, Louis, ‘, ’ ”, Jerath, it’s, ”, “ It’s Organizations: Washington University Locations: St, United States

☆ Progressives dish on 'chilling effect' on Israel criticism after uproar over Pramila Jayapal's comments: 'We never do anything constructive on this issue'
▼ + stars: | 2023-07-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +9 min

Rep. Pramila Jayapal's comments on Israel caused an uproar this week in Congress. Even after Jayapal clarified her remarks about Israel, House Democratic leadership issued a statement rebuking her. Separately, 43 House Democrats said in a statement that they were "deeply concerned" about Jayapal's "unacceptable comments." "There's a few issues where any nuance is really discouraged," said another progressive House Democrat who insisted on anonymity to discuss the issue frankly. But Phillips held firm in his belief that it was important to firmly denounce criticism of Israel when it crosses a certain threshold.

Persons: Pramila, Israel, Jayapal, —, Mark Pocan, Alexandria Ocasio, Cortez, Jamaal Bowman, he’s, Leigh Vogel, Bowman, Isaac Herzog, I'm, Ilhan Omar, Minnesota, Rashida, Tlaib, Rashida Tlaib, Dean Phillips, Phillips, Dean Phillips of, Bill Clark, Israel — Organizations: Service, Democratic, Israel, House Democratic, Democrats, Republicans, West Bank, Congressional Progressive Caucus, Democrat, New, New York District, Rep, The Recording Academy, Reps, Dean Phillips of, Jewish Democrat, Michigan Democrats, Palestinian, Jewish, House Democrat, Dean Phillips of Minnesota, Getty, Progressives, Israel Democrats Locations: Israel, Wall, Silicon, Washington, Chicago, Gaza, Wisconsin, Alexandria, Cortez of New York, New York, Westchester County, Congress, Palestine, Michigan, Dean Phillips of Minnesota, Palestinian, Jewish Diaspora, Cortez, Africa

BEIJING/TAIPEI, July 17 (Reuters) - China reacted with anger on Monday to a planned visit next month to the United States by "separatist" Taiwan presidential frontrunner Vice President William Lai, as the government in Taipei said it saw no reason to overreact to mere transit stops. Such transits infuriate China, which views them as covert support by the United States for Taiwan's separateness from China and challenge to Beijing's territorial claims. "China firmly opposes any form of official exchanges between the United States and Taiwan, resolutely opposes sneaky visits by Taiwan independence separatists in any name or for any reason, and resolutely opposes any form of connivance by the United States to support Taiwan independence separatists," she said. Speaking to reporters, Taiwan Vice Foreign Minister Alexander Yui declined to give details on Lai's U.S. transits, saying details would come later. Pena visited Taiwan last week and met both Lai and Tsai, who cannot run for office again after serving two terms.

Persons: William Lai, Lai, Santiago Pena, Tsai Ing, Tsai, Kevin McCarthy, Mao Ning, Pena, Alexander Yui, Yui, Liz Lee, Ben Blanchard, Kim Coghill, Lincoln, Michael Perry Organizations: Central America, Foreign Ministry, Taiwan, Foreign, U.S, Thomson Locations: BEIJING, TAIPEI, China, United States, Taiwan, Taipei, U.S, Taiwan's, Los Angeles, Central, Beijing, Paraguay, Republic of China

☆ Murray will not 'overreact' to early Queen's exit
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +1 min

June 21 (Reuters) - Andy Murray said he will not "overreact" to his opening round exit at the Queen's Club Championships after Tuesday's 6-3 6-1 defeat by Alex de Minaur ended the three-time Gland Slam winner's hopes of securing a seeding at Wimbledon. The 36-year-old Scot, who has won Queen's a record five times, came into the match on the back of winning back-to-back grasscourt titles at the Surbiton Trophy and Nottingham Open this month. "Obviously after today, it's easy to overreact," said former world number one Murray, who has resurrected his career after hip resurfacing surgery. This year's grasscourt Grand Slam runs from July 3-16. Reporting by Pearl Josephine Nazare in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Andy Murray, Alex de Minaur, Scot, Murray, Pearl Josephine Nazare, Peter Rutherford Organizations: Queen's, Wimbledon, Surbiton, Nottingham, Thomson Locations: Surbiton, Bengaluru

☆ Credibility crisis requires BoE to write new plot
▼ + stars: | 2023-06-20 | by ( Francesco Guerrera | ) www.reuters.com time to read: +7 min

LONDON, June 20 (Reuters Breakingviews) - Since May 24, thousands of British people have had their homeowning dreams dashed by a sudden spike in mortgage rates. Unlike many other central banks, the BoE doesn’t provide its own forecasts of how consumer prices will evolve in coming years. The whiplash occurred because traders had to digest the inflation shock without any interest rate guidance from policymakers. Because most banks price home loans off those derivatives, it sent mortgage rates rocketing. The BoE announces its latest interest rate decision on June 22, with traders expecting a 25-basis-point hike, to 4.75%.

Persons: “, Paul Gascoigne, BoE, Andrew Bailey, That’s, Bailey, ”, Charles Goodhart, ’, apocryphally, Seneca, David Roberts, George Hay, Oliver Taslic Organizations: Reuters, Bank of England, Monetary, U.S . Federal Reserve, European Central Bank, Reuters Graphics Reuters, MPC, Financial Times, Fed, Thomson Locations: policymaking, BoE’s

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