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☆ Australia stuns Denmark to reach World Cup knockout stages
▼ + stars: | 2022-11-30 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —Australia stunned Denmark – a team ranked 28 places above the Socceroos in FIFA’s World Rankings – to reach the World Cup knockout stages thanks to a brilliant goal from Mathew Leckie that secured a 1-0 victory. A goalless draw between Australia and Denmark and a Tunisia win would have put the Carthage Eagles through to the knockout stages. Just four minutes later, with their World Cup hopes hanging by a thread, the Socceroos counter-attacked from their box and Riley McGree found Leckie on a well timed run. Denmark continued to press but Australia hung on in a tense finish to secure its spot in the round of 16 and win back-to-back World Cup matches for the first time in its history. Serhat Cagdas/Anadolu Agency/Getty ImagesVictory over Tunisia on Saturday had given Australia an unlikely chance of progressing to the knockout stages and, despite its underwhelming start to the World Cup, Denmark could have also qualified in this winner-takes-all match.

☆ These are the hard lessons we learned this year — and what we got right
▼ + stars: | 2022-11-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

First, let's look at three tough lessons we learned and how we managed through the turmoil. Second, we'll discuss three investments that were right for this market and challenged macroeconomic backdrop. If inflation doesn't cool enough, the Fed will likely remain hawkish, and if Bullard is right rates could end up much higher. When China last week reduced quarantine time for international travelers, Club holdings Estee Lauder (EL), Wynn Resorts (WYNN) and Starbucks (SBUX) got a boost. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ California tries to harness megastorm floods to ease crippling droughts
▼ + stars: | 2022-11-15 | by ( Sharon Bernstein | ) www.reuters.com time to read: +5 min

[1/3] The dried out Arroyo Pasajero Creek is seen alongside an aqueduct in Huron, California, U.S. on October 25, 2022. Outside the United States, countries including India are also beginning to increase the use of recharge ponds to store water in natural or human-made aquifers. While the idea of storing water underground is not new, a recent California law regulating groundwater use has spurred a spate of projects that the state is helping to fund. The new pond, on about 20 acres of former farmland , will help to guide water underground to store it for residents as well as agriculture. Since then the state's population has nearly doubled to 40 million residents.

Outside the Fed, however, there is a growing sense that the path to a soft landing is unlikely. Some analysts estimate the unemployment rate, which hit 3.7% in August, may need to rise as high as 7.5%. The new projections, though, will include anonymous estimates from each official for where the policy rate should be at the end of 2022 and the following three years. Reuters GraphicsThe 1.2-percentage-point difference between the two, the so-called "real" or inflation-adjusted federal funds rate, showed the Fed bowing to the need for tighter policy. But inflation eventually will have to move for the Fed to change course.

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