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Stocks slid Tuesday as investors grew anxious about the impact of another big rate hike. There were no earnings reports of note on Tuesday and not much economic data for investors to focus on other than a new housing report, which was mixed. The housing numbers are unlikely to change the minds of Fed policy makers, who will announce another rate hike on Wednesday. Stocks surged at the end of the trading session Monday after hovering near break-even levels for most of the day. “Transportation stocks are a canary in the coal mine when it comes to the economy.”
Economic bellwether FedEx (FDX) stunned Wall Street last week with a massive earnings warning and tepid outlook for the global economy. Still, investors remain nervous about the health of the railroad business, a sign of the jitters about the overall economy. Most of Corporate America operates on a calendar year schedule for earnings, which means they will report third quarter results in October. That would be the worst quarter for earnings since a 5.7% decrease in the third quarter of 2020, when the economy was reeling from Covid-imposed lockdowns. That adds to the risk that a global spike in rates will lead to a further slowdown in earnings, consumer spending and the overall economy.
CNN —The meta aspects of a Hulu comedy about the making of a Hulu comedy quickly pile up in “Reboot,” a fictional show about reviving a series from the early 2000s, reuniting the cast and crew with all their insecurities and old grudges. Created by “Modern Family’s” Steve Levitan, it’s a breezy and very-inside look at Hollywood, with a few too many rim shots but still a fair amount of laughs. She has her reasons, and finds the cast perhaps not surprisingly eager to reprise their roles, mostly for those sweet paychecks. Then again, that’s part of the latitude that streaming allows, and other elements, like the inter-generational conflict, prove frequently funny, and occasionally a little bit sweet. In 25 or 30 years, there might even be a “Reboot” reboot.
Here's the deal: Morgan Stanley just got slapped with a $35 million fine for "astonishing" failures that led to the mishandling of sensitive data on some 15 million customers, my colleague Matt Egan writes. Eventually, the devices, still loaded up with sensitive data, wound up on an auction site. "If not properly safeguarded, this sensitive information can end up in the wrong hands and have disastrous consequences for investors." Morgan Stanley agreed to pay the fine without admitting or denying the findings in the settlement. "We have previously notified applicable clients regarding these matters, which occurred several years ago, and have not detected any unauthorized access to, or misuse of, personal client information," Morgan Stanley said in a statement.
Financial markets are on a knife's edge, and have been for weeks, as they await word from the central bank on how much monetary tightening to expect. On Monday, Wall Street vacillated between slight gains and losses , effectively in a holding pattern while investors awaited word from the Silver Fox himself, Mr. Federal Reserve Chairman Jerome Hayden Powell. Fed Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee in July. Of course, emoticons became emoji (style note: the plural of emoji is emoji), and our text conversations added a new layer of meaning. Like, check this out:OK, fine 😂OK, fine 😔OK, fine 🙃OK, fine 🙄...You get the idea.
Financial markets are on a knife’s edge, and have been for weeks, as they await word from the central bank on how much monetary tightening to expect. On Monday, Wall Street vacillated between slight gains and losses, effectively in a holding pattern while investors awaited word from the Silver Fox himself, Mr. Federal Reserve Chairman Jerome Hayden Powell. Fed Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee in July. Of course, emoticons became emoji (style note: the plural of emoji is emoji), and our text conversations added a new layer of meaning. Like, check this out:OK, fine 😂OK, fine 😔OK, fine 🙃OK, fine 🙄…You get the idea.
As such, experts' forecasts for the Fed's key short-term rate after the November meeting range from 3.5% to 4%. In other words, the Fed's rate hikes could ultimately lead to the economy cooling off more than the central bank would like. Too many big rate hikes risk "sending the economy into a mild recession," Chubb said. What's more, other central banks, mainly the European Central Bank, are likely to step up the pace and size of rate increases as well. "Major central banks still have work to do on inflation, including the Fed and the ECB.
A woman stands in a queue to pay her respects to Britain's Queen Elizabeth II, following her death, in London, Britain, September 15, 2022. They had come together to mark a moment in history - the passing of Britain's longest reigning monarch. "Sierra Leone, where I come from, was a colony under the British Empire so she means a lot to us." "Part of being British I guess is just having a queen or having Queen Elizabeth II on the throne." Register now for FREE unlimited access to Reuters.com RegisterEditing by Kate Holton and Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.
New York (CNN Business) Fans of the Manchester United Football Club are not thrilled to see their squad in the middle of the pack of the English Premier League so far this season, especially after a disappointing run in 2021. The once mighty Man United's last significant championship was a UEFA Europa League win in 2017 and its last Premier League crown came way back in 2013. Manchester United MANU But despite the Red Devils' lack of recent success on the pitch,stock, which trades on the New York Stock Exchange, is up 3% this year — no easy feat in this tough market. So why is Manchester United stock doing so well? Tesla TSLA On reason for the pop is an August tweet fromand SpaceX CEO Elon Musk joking that he was buying the team.
Buy the stocks that pay you back
  + stars: | 2022-09-14 | by ( Paul R. La Monica | Cnn Business | ) edition.cnn.com   time to read: +1 min
New York (CNN Business) Tuesday's massive stock market meltdown should serve as a reminder to investors that in times of turmoil, it pays to own shares of companies that also pay you. Dividend paying stocks are in vogue again, even as long-term government bond yields have surged dramatically this year. And for those playing the longer game, dividends can be reinvested to buy even more shares in those same companies. Exxon Mobil XOM Chevron CVX The high dividend fund, as its name implies, has exposure to companies that offer big yields, such as energy giantsand. Both stocks have soared this year as oil prices have skyrocketed.
New York CNN Business —Dan Loeb is fine with Disney keeping ESPN after all. The activist investor and Third Point CEO, who made headlines last month when he proposed that the media giant spin off ESPN, had a change of heart over the weekend. https://t.co/Gobvf8KS2w — Daniel S. Loeb (@DanielSLoeb1) September 11, 2022However, Loeb also wanted to see five changes at Disney, which he said would “unlock further value in the near-term.”One change, which got the most attention, was for Disney to ditch ESPN. Loeb noted that “a strong case can be made that the ESPN business should be spun off to shareholders with an appropriate debt load” to reduce Disney’s debt. “ESPN would have greater flexibility to pursue business initiatives that may be more difficult as part of Disney, such as sports betting,” Loeb added.
Factbox: World leaders to attend Queen Elizabeth's funeral
  + stars: | 2022-09-12 | by ( ) www.reuters.com   time to read: +6 min
Canadian Prime minister Justin Trudeau and Sophie Gregoire Trudeau attend the funeral of Her Majesty Queen Elizabeth II in Westminster Abbey. Jack Hill/Pool via REUTERSRegister now for FREE unlimited access to Reuters.com RegisterLONDON, Sept 19 (Reuters) - Queen Elizabeth's state funeral will take place in London on Monday and a host of world leaders, royalty and other dignitaries will attend. Countries that have not been invited include Syria and Venezuela because London does not have normal diplomatic relations with those states. Britain has also not invited representatives from Russia, Belarus or Myanmar after it imposed economic sanctions on those countries. Related ContentFactbox: Plans for Queen Elizabeth's state funeral on MondayFactbox: Comments from crowds in London on Queen ElizabethFactbox: World leaders to attend Queen Elizabeth's funeralFactbox: Order of service for Queen Elizabeth's state funeralWindsor Castle, Queen Elizabeth's home and now final resting placeWestminster Abbey - traditional church for royals in life and death(This story was refiled to correct spelling of first name of Belize governor general)Register now for FREE unlimited access to Reuters.com RegisterCompiled by Farouq Suleiman and Kate Holton Editing by Deepa Babington and Frances KerryOur Standards: The Thomson Reuters Trust Principles.
A judge's order approving a special master to review documents the FBI took from former President Donald Trump's Florida home is a deeply flawed and unworkable mess, legal experts told NBC News on Tuesday. Rosenzweig agreed, calling it "absurd" that a special master should be searching out potential executive privilege issues. "I don't know how a special master would proceed, which means inevitable delay and dispute," he said. "I don’t think the appointment of a special master is going to hold up. Saltzburg, who has worked as a special master, said the reason judges generally want special masters "is they want a review to be done quickly and thoroughly, and they don’t have the time to do it themselves."
Rep. Liz Cheney of Wyoming is in an intense political battle to hold on to her seat in Congress. "The people who hate Liz Cheney will gladly stand at their pulpit and scream it to the ends of the world," Landon Brown, a state lawmaker who supports Cheney, told Insider. And I do believe when it comes to Liz Cheney and the rest of the Republican Party, there's gonna be some pretty damning upsets." Anytime that we needed her, her help, she was there," Pete Obermueller, president of the Petroleum Association of Wyoming, told Insider. The Wyoming Republican Party also censured her, and later voted to no longer recognize her as a Republican.
See's Candies President and CEO Pat Egan, speaks to Fox Business reporter Liz Claman about Warren Buffett's favorite See's product, Peanut Brittle, during the Berkshire Hathaway shareholders meeting, on Friday, April 29. Berkshire-owned See's Candies and Dairy Queen both had popular booths on the exhibit floor. "People need their candy," said See's Candies president and CEO Pat Egan. He added that higher labor and equipment costs are a challenge for Dairy Queen franchisees too. But Bader said Dairy Queen franchise operators have to "thread the needle" because the chain doesn't want to lose customers.
Persons: Pat Egan, Liz Claman, Warren Buffett's, John Peterson, Berkshire Hathaway, Egan, See's, Troy Bader, Bader Organizations: Fox Business, Berkshire Hathaway, Berkshire, Dairy, Dairy Queen Locations: America
He recently spoke with economist David Wessel about "opportunity zones" in the 2017 tax plan. Trump's tax cuts represented the purest form of trickle-down that had ever passed in Washington, DC. The Trump tax cuts didn't increase investments in American business — in fact, the wealth created for the richest Americans from those tax cuts likely wound up overseas. Instead, the Congressional Budget Office found that corporate tax revenue fell by over 30% the year after the tax cuts passed. We're still unraveling all the harm that the 2017 Trump tax bill has done to the economy.
Sursa foto: Profimedia ImagesPrima întâlnire oficială dintre papa Francisc şi Ursula Von der Leyen; Ce cadouri şi-au făcut cei doiPapa Francisc a primit-o sâmbătă pe preşedinta Comisiei Europene, Ursula Von der Leyen, prima întâlnire dintre cei doi, în care au fost abordate consecinţele sociale ale pandemiei, a informat Vaticanul, conform Agerpres. Ursula von der Leyen i-a dăruit lui Francisc o copie foto-statică a Declaraţiei Schuman din 1950 şi o ediţie în două volume a Istoriei Uniunii Europene. Papa i-a oferit şefei Comisiei Europene documente din pontificatul său, împreună cu Mesajul pentru Ziua Mondială a Păcii şi Documentul privind fraternitatea umană, semnat la Abu Dhabi în 2019. De asemenea, a fost oferit în dar un medalion din bronz dedicat cuvintelor profetului Isaia din capitolul 32: „Deşertul va deveni o grădină”. Papa Francisc şi Ursula von der Leyen au discutat despre consecinţele sociale ale pandemiei, migraţia şi schimbările climatice, precum şi evenimentele recente din Orientul Mijlociu, conform comunicatului Vaticanului.
Persons: Francisc, Ursula Von der, Papa Francisc, Ursula von der, Schuman, Uniunii Europene . Papa, Isaia, Von der Leyen, Pietro Parolin, Paul Richard Gallagher . Papa Francisc, Ursula von der Leyen, Vaticanului Organizations: Agerpres, Uniunii Europene, Ziua Mondială Locations: Abu Dhabi, Vaticanului, relaţiile, Orientul Mijlociu, Africa
''Există un atac ransomware important pe sistemele informatice ale HSE. Ca măsură de precauţie, noi ne-am oprit toate sistemele informatice, în scopul protejării de acest atac şi pentru a ne permite să evaluăm integral situaţia cu partenerii noştri de securitate'', scrie HSE Ireland pe Twitter.HSE nu a primit ''în acest stadiu'' nicio cerere de răscumpărare şi se află într-o etapă iniţială pentru înţelegerea ameninţării, a declarat directorul executiv al HSE Ireland, Paul Reid, pentru postul de televiziune public irlandez RTE. ''Este un atac foarte sofisticat, nu un simplu atac standard. Are impact asupra tuturor sistemelor noastre locale şi naţionale'', a adăugat Reid.El a precizat că programul de vaccinare împotriva COVID-19 nu a fost afectat, fiind vorba despre un sistem informatic separat, şi că atacul a afectat masiv informaţiile păstrate pe servere centrale, nu şi echipamentele din spitale.Maternitatea naţională din Dublin a anunţat că vineri toate serviciile sale au fost perturbate. Aceste atacuri diferă de alte tipuri de breşe în sistemele informatice şi de piratare prin care pot fi sustrase calupuri mari de date ale clienţilor sau alte informaţii de la companii sau persoane fizice.
Persons: Paul Reid Locations: Ireland, Twitter.HSE, irlandez, Dublin
Pilotul francez va testa un monopost Mercedes înaintea Marelui Premiu al Franței, programat la sfârșitul lunii iunie pe circuitul "Paul Ricard". "Să urc într-un bolid de Formula 1 e ceea ce mă face să fiu eu însumi, pentru că în ultimii 10 ani doar asta am făcut. Atunci când urci într-un Mercedes e un moment special, e un bolid care a câștigat mai multe titluri mondiale, e o echipă care a făcut treabă bună în ultimii ani. ", a spus fostul pilot Formula 1, Romain Grosjean. Accidentul de anul trecut i-a încheiat cariera în Formula 1 pilotului în vârstă de 35 de ani.
Persons: Romain Grosjean, Paul Ricard, Grosjean, Toto Wolff Organizations: Mercedes, Bahrainului Locations: Franței
Anul acesta, ceremonia de decernare a premiilor Oscar a fost transmisă live din două locaţii, ambele în Los Angeles: Dolby Theatre şi Union Station. Frances McDormand a câştigat premiul pentru cea mai bună actriţă în rol principalFrances McDormand a câştigat premiul Oscar pentru cea mai bună actriţă în rol principal graţie interpretării sale din filmul "Nomadland". "Nomadland", desemnat cel mai bun filmLungmetrajul "Nomadland" a câştigat premiul Oscar pentru cel mai bun film. Cineasta chineză Chloe Zhao a câştigat premiul Oscar pentru cea mai bună regie cu filmul "Nomadland". Filmul danez "Another Round", regizat de Thomas Vinterberg, a câştigat premiul Oscar pentru cel mai bun lungmetraj internaţional.
Persons: Anthony Hopkins, Frances McDormand, Zhao, Daniel Kaluuya, Jung, Jean Hersholt, Tyler Perry, Ahmed, Chadwick, Gary Oldman, Steven Yeun, Davis, Andra Day, Billie, Vanessa Kirby, Carey, Peter Spears, Mollye Asher, Dan Janvey, Zhao . McDormand, . Ea, Chloe Zhao, David Strathairn, Linda May ., Jessica Bruder, Jung Youn, Glenn Close, Olivia Colman, Amanda Seyfried, Lee Isaac Chung, îşi, Shaun, Thomas Vinterberg, David Fincher, Emerald, Baron Cohen, Leslie Odom Jr, Paul, Aida, Christopher Hampton, Florian Zeller, Borat Organizations: Dolby, Union Station, Oscar, Fund, Academiei, Arts, United States, BAFTA, Film Sundance, The Locations: Los Angeles, britanică, Paris, România, Danemarca, Sciences, Missouri, Mississippi, Chicago, Arkansas, Miami, Kong, Tunisia, Bosnia
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Rep. Matt Gaetz is accused of playing a sex "game" with a "Harry Potter" theme. People got points if they had sex with married colleagues or did sorority overnights, a source said. The sex competition even involved the "Harry Potter" book series, the GOP source told Insider. Anyone who had sex with a certain conservative woman "won the whole game regardless of points," she said. Michael Ciaglo/Getty Images'I'm not a monk'During Gaetz's Tallahassee days, about two dozen male lawmakers participated in the sex competition, the GOP insider said.
Primul om care a primit Premiul Nobel pentru Pace a fost fondatorul Crucii Roșii, elvețianul Henri Dunant în 1901. Din 1901, premiul a fost acordat unui număr total de 213 de cercetători, dintre care doar trei au fost femei. Mecanismul a fost numit Crispr/Cas9 și a fost supranumit „foarfecele genetic”. Este angajată a Institutului de Medicină Howard Hughes și membră Academiei de Științe și a Academiei de Medicină din SUA. Din 1901, premiul a fost acordat, în total, de 111 ori, iar 184 de oameni de știință au devenit laureați ai acestuia.
Persons: Nobel, Pace, Antonio, PAM, SUA Dwight D . Eisenhower, Henri Dunant, Theodore Roosevelt, Martin Luther King, german Willie Brandt, SUA Henry Kissinger, Teresa, SUA Barack Obama, Roger Penrose, Reinhard Genzel, Andrea Ghez, Max Planck, . Penrose, Albert Einstein, Sir Roger Penrose, Stephen Hawking, Wilhelm, Nielson Bohr, Marie Curie, Pierre Curie, Antoine Henri Becquerel, franceze Emmanuelle Charpentier, Jennifer Doudna, Emmanuelle Charpentier, Medicină Howard Hughes, Jacobus, van’t, Maria, Curie, Harvey J ., Michael Houghton, Charles M . Rice, virusologul Harvey J ., Chiron, Houghton, american Charles M . Rice, Louis, Emil Adolf von Bering, Ronald Ross, Robert Koch, Ivan Pavlov, Frederick Banting, John McLeod, Alexander Fleming, Ernest Chain, Howard Florey, Louise Glück, Glück, Anders Ohlsson, Sarah Lawrence, Rudyard Kipling, Doris Lessing, Bob Dylan ., Svetlana Aleksievici, Paul R ., Robert B . Wilson, Stanford . Robert B . Wilson, Paul R . Milgrom, Milgrom, Wilson, Alfred Nobel, Jan Tinbergen, Ragnar Frisch Organizations: Universitatea din, Națiunilor Unite, ONU, Organizația, Organizația ONU, Crucii Roșii, Regale, franceze, Science, Academiei, Științe, Academiei Naționale, Medicină, Academiei de Științe, Academiei de Medicină, maimuțelor, Universitatea St, Organizației Mondiale a Sănătății, Academia Suedeză, Nobel, Academia suedeză, Universității Columbia ., Academiei Americane, Academiei Poeților, Universitatea Yale ., Universitatea Stanford, Stanford ., Universității Harvard, Stanford Business School, Banca Centrală, Academiei Regale Locations: Stockholm, Universitatea din Oslo, Roma, ONU, Republica Democrată Congo, Nigeriei, Sudanul de Sud, Siria, Yemen, german, SUA, Universitatea din Oxford, Germania, Universitatea din California, Berkeley, Los Angeles, Regatului Unit, Franța, Olanda, Universitatea din Alberta, Canada, american, Washington, americană, New York, maghiară, Yale, Boston, Iowa, engleză
La Stockholm, ceremonia de premiere pentru câștigătorii Premiului Nobel și banchetul de gală de la primărie au fost anulate. Emmanuelle Charpentier (51 ani) și Jennifer Doudna (56 de ani) sunt a șasea și respectiv a șaptea câștigătoare ale Premiului Nobel pentru Chimie din istorie. Mecanismul a fost numit Crispr/Cas9 și a fost supranumit „foarfecele genetic”. Este angajată a Institutului de Medicină Howard Hughes și membră Academiei de Științe și a Academiei de Medicină din SUA. Premiul Nobel pentru MedicinăPremiul Nobel pentru Medicină le-a revenit în 2020 cercetătorilor Harvey J.
Persons: Nobel, Pace, Antonio, PAM, SUA Dwight D . Eisenhower, Henri Dunant, Theodore Roosevelt, Martin Luther King, german Willie Brandt, SUA Henry Kissinger, Teresa, SUA Barack Obama, Roger Penrose, Reinhard Genzel, Andrea Ghez, Max Planck, . Penrose, Albert Einstein, Sir Roger Penrose, Stephen Hawking, Wilhelm, Nielson Bohr, Marie Curie, Pierre Curie, Antoine Henri Becquerel, franceze Emmanuelle Charpentier, Jennifer Doudna, Emmanuelle Charpentier, Medicină Howard Hughes, Jacobus, van’t, Maria, Curie, Harvey J ., Michael Houghton, Charles M . Rice, virusologul Harvey J ., Chiron, Houghton, american Charles M . Rice, Louis, Emil Adolf von Bering, Ronald Ross, Robert Koch, Ivan Pavlov, Frederick Banting, John McLeod, Alexander Fleming, Ernest Chain, Howard Florey, Louise Glück, Glück, Anders Ohlsson, Sarah Lawrence, Rudyard Kipling, Doris Lessing, Bob Dylan ., Svetlana Aleksievici, Paul R ., Robert B . Wilson, Stanford . Robert B . Wilson, Paul R . Milgrom, Milgrom, Wilson, Alfred Nobel, Jan Tinbergen, Ragnar Frisch Organizations: Universitatea din, Națiunilor Unite, ONU, Organizația, Organizația ONU, Crucii Roșii, Regale, franceze, Science, Academiei, Științe, Academiei Naționale, Medicină, Academiei de Științe, Academiei de Medicină, maimuțelor, Universitatea St, Organizației Mondiale a Sănătății, Academia Suedeză, Nobel, Academia suedeză, Universității Columbia ., Academiei Americane, Academiei Poeților, Universitatea Yale ., Universitatea Stanford, Stanford ., Universității Harvard, Stanford Business School, Banca Centrală, Academiei Regale Locations: Stockholm, Universitatea din Oslo, Roma, ONU, Republica Democrată Congo, Nigeriei, Sudanul de Sud, Siria, Yemen, german, SUA, Universitatea din Oxford, Germania, Universitatea din California, Berkeley, Los Angeles, Regatului Unit, Franța, Olanda, Universitatea din Alberta, Canada, american, Washington, americană, New York, maghiară, Yale, Boston, Iowa, engleză
Când Isus nu e Hristos. Evanghelia după Liiceanu
  + stars: | 2020-05-26 | by ( Mihail Neamtu | ) adevarul.ro   time to read: +9 min
De aici şi tristeţea noastră, ba chiar dezamăgirea şi gustul amar: deşi scrisă îngrijit, ultima carte a lui Gabriel Liiceanu e mai puţin o meditaţie despre Salvator Mundi, cât o răfuială cu scăderile, neputinţele sau erorile creştinismului instituţional. Nici la acest volum Gabriel Liiceanu nu simte nevoia să facă vreo referinţă. Dincolo însă de pedanteria obiecţiilor academice, îi reproşăm autorului altceva: faptul că n-a înţeles că, vrei, nu vrei, atunci când vorbeşti despre Iisus faci teologie. Gabriel Liiceanu accesează un Isus altfel — un personaj special, dezvăluit filozofului prin mecanisme hermeneutice străine „habotnicilor”, „pocăiţilor” sau „pupătorilor de moaşte” (cum e la modă să fie numiţi creştinii în lumea bună). De ce tocmai Iisus a afirmat: „Înainte de Avraam, «Eu sunt... »” – iată un enunţ de-o greutate ontologică lipsită de răspuns din partea filozofului.
Persons: Constantin Noica, Emil Cioran, Alexandru Paleologu, Nicolae Steinhardt, Monica Lovinescu, Virgil Ierunca, Liiceanu, Alvin Plantinga, Anthony Flew, Iisus, Noica, Andrei Pleşu, . Patapievici, Hristos, îşi, Confesorul, Rabbi Yeshoua, Gabriel, Rainer Maria Rilke, Paul Claudel, Iosif, Toma, Andrei, Petru, Lazăr, Zaheu, creştinătate, Dumnezeu, Gabriel Liiceanu, Salvator Mundi, Platon, Heidegger, Giordano Bruno, Galileo Galilei, Socrate, Ioan, Pavel, Iacov, Loyola, Kant, Paul Ricœur, Jean - Luc Marion, Epictet, Edward Gibbon, Arie, Eusebiu al, Atanasie al Alexandriei, Alois Grillmeier, R.P . Hanson, Henry Chadwick, Rowan Williams, R.P ., John Behr, Ioan Ică Jr, Isus, Avraam, Moise Organizations: Universitatea din, R.P . Vaggione Locations: Învecinarea, României, Galileea, Persiei, scăderile, Universitatea din Bucureşti, Niceea
Total: 25