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☆ Scientists were 'shocked' to discover that juvenile white sharks regularly venture near swimmers and surfers but don't attack
▼ + stars: | 2023-06-13 | by ( Rupendra Brahambhatt | ) www.businessinsider.com time to read: +6 min

Juvenile white sharks grow up to become great white sharks, known for being dangerous to humans. Why juvenile white sharks swim near humans so oftenFrom the researchers' drone footage, it may look like juvenile white sharks like to hang around swimmers and surfers. The shallow water near the beaches "is actually the natural habitat the juvenile white sharks use. Why juvenile white sharks don't typically attack humansAlthough great white sharks are infamous for attacking humans, the actual number of attacks is low. However, it doesn't mean the risk of a bite from a juvenile great white is zero — it's just very low.

Persons: —, Sean DuFrene, Christopher Lowe, Carlos Guana, you'll, that's, it's, Yannis Papastamatiou, Stephen Frink, Catherine Macdonald, Patrick Rex, Macdonald, there's, Alexis Rosenfeld, Rex, Brett Monroe Garner, Papastamatiou, Carlos Gauna Organizations: Service, California State University Long, CSULB, Boston Herald, Florida International University, Stingrays, University of Miami Shark Research, Conservation Program, Animal Foundation Locations: California

LONDON, June 12 (Reuters) - Central banks like the Bank of England will find it hard to communicate the end of their rate-tightening cycle and should not sweat over this at the expense of taking steps to bring down inflation, BoE policymaker Catherine Mann said on Monday. "Fine-tuning is something that monetary policy is not very good at if the ultimate objective is to focus on inflation," Mann said at an event hosted by U.S. political strategists Signum Global Advisors. Many economists, by contrast, expect the BoE to stop sooner - or if not, to pause to assess the impact of the rapid series of rate rises. "Inflation expectations, in fact, are on the downswing even as some of these core and services prints have been more robust than we would have hoped for," Mann said. Economic activity had also continued to grow modestly and in line with expectations, Mann added.

Persons: BoE policymaker Catherine Mann, Mann, Signum, BoE, Jonathan Haskel, it's, David Milliken, Suban Abdulla, William James, Andrea Ricci Organizations: Bank of England, Signum Global Advisors, Bank of Canada, Monetary, MPC, Thomson Locations: Central, Britain, United States

☆ Bank of England's Mann sees case for UK carbon tax
▼ + stars: | 2023-06-11 | by ( David Milliken | ) www.reuters.com time to read: +2 min

LONDON, June 12 (Reuters) - Britain and other rich nations should consider a carbon tax as the most efficient way to reduce greenhouse gas emissions, Bank of England policymaker Catherine Mann said on Monday. Instead, Mann focused on whether policies introduced during the COVID-19 pandemic and last year's surge in energy prices were likely to hamper or boost Britain's weak long-run growth. "As wholesale energy prices level off, now is the time to put in place a longer-term strategy for both greater use of market mechanisms and revenue redistribution," she added. The Bank of England has raised rates 12 times since December 2021, increasing its benchmark interest rate to 4.5% from 0.1%, and financial markets expect rates to hit 5.5% by November. Mann has been a keen supporter of interest rate rises to tackle inflation which peaked at 11.1% last year.

Persons: Bank of England policymaker Catherine Mann, Mann, David Milliken, Andy Bruce Organizations: Bank of England, Committee, Britain's, Labour Party, Thomson Locations: Britain, Russia, Ukraine

☆ Queer people in history: Figures to know
▼ + stars: | 2023-06-01 | by ( Leah Asmelash | ) edition.cnn.com time to read: +7 min

To commemorate the month, CNN is highlighting five major LGBTQ elders – some who have passed on, and some who haven’t – highlighting their achievements. From a drag king who fought discrimination on the streets of New York to a famous mathematician who stood up to adversity despite legal limitations, here are five LGBTQ figures to know. Miss Major Griffin-GracyMiss Major in the film "Major," a documentary about her life and campaigns. But a year after Stonewall, Miss Major was arrested for robbery, landing her with a five-year prison sentence. Decades after her release, Miss Major spent time as the executive director of the Transgender Gender Variant Intersex Justice Project.

Persons: Bayard Rustin, Martin Luther King Jr, Patrick A, Burns, Rustin wasn’t, Rustin, King, Sen, Strom Thurmond, Gavin Newsom, Larry Kramer Larry Kramer, Catherine McGann, Larry Kramer, “, ”, Kramer, Anthony Fauci, Miss Major Griffin, Major, Marsha P, Johnson, Miss Major, Mama, Michelle V, Stormé DeLarverie, DeLarverie, White, “ That’s, Alan Turing, Alan Turing’s, Turing, it’s Organizations: CNN, New York Times Co, Getty, Southern Christian Leadership Conference, California Gov, Village Voice, AIDS, Centers for Disease Control, ACT UP, AIDS Coalition, National Institute of Allergy, Miss, Stonewall, New York Times, Physical Laboratory Locations: New York, India, Montgomery, Washington, Chicago, Greenwich, New Orleans, England

☆ Sterling strengthens against dollar as chances of Fed 'skip' rise
▼ + stars: | 2023-06-01 | by ( Amanda Cooper | ) www.reuters.com time to read: +3 min

Sterling was last up 0.2% against the dollar at $1.2467 and flat against the euro at 85.90 pence, close to its strongest in six months. The pound fell by 1% against the dollar in May, its largest monthly slide since February's 2.8% loss, but it's still up 3.1% so far in 2023. Against the euro, sterling gained 2% last month - the most in a month since last July. UK inflation fell to 8.7% in April from a peak of 11.1% in October, while U.S. inflation is down to 4.9%, from 9.1% last June - when UK inflation was at 9.4%. The Fed, meanwhile, took just seven months from that time to raise rates by the same amount and U.S. rates are at 5.25%.

Persons: BoE, Sterling, it's, Stephen Gallo, BoE policymaker Catherine Mann, Mann, Amanda Cooper, Mark Potter Organizations: Federal Reserve, Bank of England, Nationwide, BMO, Pictet, Thomson Locations: Britain, United States, U.S, Swiss

☆ Morning Bid: Back to data watching, with US debt bill on track
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

Unfortunately, there's little respite on that front given disappointing economic activity and persistently elevated inflation data out of Asia. China's official PMIs indicated a faster-than-expected contraction in manufacturing activity and slower growth in services in May. That followed consistently weak economic releases for April, suggesting the post-COVID reopening bounce has run out of steam. China economyAsian stock markets fell and even U.S. equity futures turned negative despite the debt ceiling reprieve, while China's yuan promptly skidded to fresh six-month lows, giving the U.S. dollar a broad boost. But much of the focus will, of course, be on the House debate over the debt ceiling bill.

Persons: Sonali Desai, Philip Lowe's, Italy's, Ignazio Visco's, Catherine Mann, Muralikumar Organizations: Sonali, Reserve Bank of Australia, U.S, CPI, Central Bank's, Bank of Italy, Bank of England MPC, Nordstrom, Thomson Locations: Asia, China, Korean, Ukraine, France, Germany, Italy, U.S, Italian

☆ Bitter, virtual Trump promises a Manhattan judge he won't harass or attack hush-money witnesses
▼ + stars: | 2023-05-23 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

He also shook his head in apparent disgust when told he'll be in contempt if he uses DA evidence to harass witnesses. Trump shook his head "no" in apparent disgust when the judge told his lawyer, Todd Blanche, that he risks sanctions and a finding of contempt if he violates the order. "He is free to do anything that does not violate the specific terms of this protective order," the judge told Blanche. The protective order bars Trump from using the prosecution's most sensitive evidence for anything other than his own defense. "I have less than zero confidence," Cohen told Insider of Trump's ability to abide by the protective order and restrain himself from using sensitive evidence to attack witnesses.

Persons: Trump, he'll, —, Donald Trump, Juan Merchan, Todd Blanche, Blanche, Merchan, Tuesday's, Attorney Alvin Bragg, Catherine McCaw, Michael Cohen —, Cohen, Stormy Daniels, Daniels Organizations: Service, New York, Attorney, Trump, Facebook, Twitter, YouTube, Prosecutors, Trump Organization Locations: Manhattan, United States

☆ Michael Cohen has 'zero confidence' that Trump will comply with a new protective order in the hush-money case
▼ + stars: | 2023-05-22 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Michael Cohen has "less than zero confidence" Trump will obey a protective order in the hush-money case. This latest development in the hush-money prosecution comes six weeks after Trump was arraigned on 34-counts of falsifying business records. Lawyers for Trump declined to comment on the protective order or Cohen's comments. It's also routine for judges to ask the defendant to acknowledge, in court, that a protective order has been issued, Saland said. Trump's words have already created a stir in the hush-money case, she added.

Persons: Michael Cohen, Trump, Cohen, It's, —, Donald Trump, Juan Merchan —, Attorney Alvin Bragg, Stormy Daniels, Daniels, she'd, Melania, it's, Jeremy Saland, Saland, Catherine McCaw, McCaw, Ruby Freeman, Bragg Organizations: Trump, Service, Prosecutors, Truth, Facebook, Twitter, YouTube, Manhattan, Attorney, Trump Organization Locations: Manhattan, Georgia

☆ Evelyne Axell was a trailblazer of erotic pop art in the 1960s. Then she died
▼ + stars: | 2023-05-17 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +7 min

CNN —Throughout Evelyne Axell’s short but radical career, the Belgian artist revered the female body in psychedelic hues rendered in gleaming enamel. In 1972, only a handful of years into painting, she died in a car crash and faded into relative obscurity. But such sales for Axell are infrequent, according to Sara Friedlander, Christie’s deputy chairman of post-war and contemporary art. Her stylistic approach — a mix of pop art influences and dreamy surrealist settings — is still underrecognized, according to Morris. “She acts as a historical bridge (between surrealism and pop art),” she said.

☆ 6 quick calendar tweaks that will help you get more done and optimize your daily routine
▼ + stars: | 2023-05-11 | by ( Tugba Yanaz | ) www.businessinsider.com time to read: +9 min

In my coaching and consulting practice, I work with leaders to create healthy routines to optimize their performance and well-being. Not urgent & important; schedule — You will want to schedule tasks that are important but less urgent for a later date. Urgent & not important; delegate — Assign urgent but less important tasks to others on your team. All your priorities must be reflected in your calendar, personal and professional. It's all about establishing a healthy relationship between your work and personal life and valuing both aspects.

☆ Trump attorneys will seek to move criminal hush money case to federal court
▼ + stars: | 2023-05-04 | by ( Summer Concepcion | Chloe Atkins | ) www.cnbc.com time to read: +5 min

Former President Donald Trump is seeking to move his criminal case from New York state court to federal court, his attorneys said during a hearing on Thursday. Trump's lawyers will seek the venue change sometime later Thursday, attorney Todd Blanche said towards the end of the hearing. During the hearing, attorneys for the Manhattan district attorney's office and Trump reiterated previous arguments regarding the proposed protective order. Trump's attorneys slammed the proposed protective order as "extremely restrictive" and argued that it infringes on their client's right to free speech. NBC News and other outlets oppose the prosecutor's proposed protective order to limit the public use of evidence ahead of trial, which includes potentially requiring the sealing or redaction of certain items.

☆ Muses Upon Muses Inside the Met Gala Cocktail Party
▼ + stars: | 2023-05-02 | by ( Sandra E. Garcia | ) www.nytimes.com time to read: 1 min

Nicole Kidman and her husband, Keith Urban, were among the first celebrities to arrive inside the Great Hall at the Metropolitan Museum of Art on Monday for the Costume Institute benefit, honoring the designer Karl Lagerfeld. The couple was accompanied by Baz Luhrmann and his wife, Catherine Martin. For the cameras, Ms. Kidman, with her long, strawberry blond locks, in a swath of peachy fabric, seemed to float toward Mr. Luhrmann’s side, in front of a towering centerpiece featuring hundreds of one-liter plastic bottles sourced from a recycling plant. The light of many flash bulbs reflected off the bottles, lighting Mr. Luhrmann’s face as he fluffed Ms. Kidman’s train, gesturing with his hands, softly, toward her face. Ms. Kidman, who starred in Mr. Luhrmann’s films “Moulin Rouge!” and “Australia,” poked her chin up, meeting the director’s hand in midair.

☆ Bank of England policymakers consider 12th straight rate hike
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +3 min

LONDON, May 2 (Reuters) - The Bank of England is weighing up whether to raise interest rates for the 12th meeting in a row next week as it continues to grapple with an inflation rate that remains above 10%, higher than in any other big, rich economy. Following is a summary of recent comments by members of the Monetary Policy Committee. If they become evident, further monetary tightening would be required. JON CUNLIFFE, DEPUTY GOVERNORHas not commented on monetary policy in recent months. MPC MEMBERS WHO VOTED IN MARCH TO STOP RAISING RATESSILVANA TENREYRO, EXTERNAL MPC MEMBERApril 14: "We need to be patient (to see the effects of past rate increases).

Jeremy Selwyn/WPA Pool/Getty Images Camilla stands next to Queen Elizabeth II during a Diamond Jubilee pageant on the River Thames in June 2012. Chris Jackson/Getty Images From left, Camilla, Charles, Queen Elizabeth II and Prince Philip attend the state opening of Parliament in May 2013. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William. Frank Augstein/WPA Pool/Getty Images In pictures: Britain's Queen Camilla Prev NextShe reportedly met Prince Charles at a polo match in Windsor in 1970 and they became friends. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William.

Susan R. Necheles, a lawyer for Mr. Trump, declined to comment. The payment was made by Mr. Trump’s former fixer, Michael D. Cohen, who is expected to become a crucial witness for prosecutors at trial. In her request to the judge, Ms. McCaw cited Mr. Trump’s well-known propensity to use social media and public appearances to attack those investigating him. That pattern of attacks, she wrote, is particularly concerning given that Mr. Trump faces a separate federal investigation into his handling of sensitive documents. Mr. Trump should barred from reviewing that material without his lawyers present, Ms. McCaw said.

☆ Two people killed, 10 hurt in Madrid restaurant blaze
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +1 min

[1/2] Rescuers work outside a restaurant following a fire, in Madrid, Spain, April 21, 2023, in this screen grab taken from a handout video. Madrid Emergency Service/Handout via REUTERSMADRID, April 22 (Reuters) - Two men died and 10 others were injured after a fire at a restaurant in the Spanish capital Madrid, emergency services said on Saturday. The blaze started late on Friday night at Burro Canaglia Bar&Resto, an Italian restaurant in the central neighbourhood of Salamanca. Diners struggled to flee as the blaze started near the main exit, emergency services said. Reporting by Graham Keeley, Catherine MacDonald; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

☆ Daughter of U.S. citizen jailed by Iran says she has lost confidence in US efforts
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +2 min

MADRID, April 22 (Reuters) - The daughter of an environmentalist imprisoned by Iran said on Saturday she had lost confidence in U.S. President Joe Biden's efforts to free her father. Morad Tahbaz, an Iranian-American who also holds British citizenship, has served five years of a 10-year sentence after being convicted of spying. In July his lawyer was quoted as saying he had been granted bail, but his daughter said he was now back in jail. The United States has urged Iran to release Tahbaz and two other citizens, Emad Shargi and Siamak Namazi, who are all imprisoned on espionage charges that Washington says are baseless. Namazi, an oil executive, was jailed for 10 years in 2016 on charges of spying and cooperating with the U.S. government.

☆ Six Leopard tanks leave Spain en route to Ukraine
▼ + stars: | 2023-04-21 | by ( Vincent West | ) www.reuters.com time to read: +1 min

[1/2] Leopard 2 6A4 tanks are driven onto a cargo ship at the port of Santander, bound for Poland and subsequently for Ukraine, in Santander, Spain, April 21, 2023. The German-made Leopard tanks and armoured personnel carriers were driven onto a cargo vessel, Reuters witnesses said. Spanish Defence Minister Margarita Robles said this month that Spain will send 10 Leopard 2A4 tanks. The U.S. in January promised 31 of its Abrams tanks while Germany committed Leopard tanks. NATO countries have promised to send 48 Leopard 2 tanks to Ukraine.

☆ Morning Bid: Sterling's inflation test
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +2 min

A look at the day ahead in European and global markets from Tom WestbrookTraders are scaling back bets on U.S. rate cuts, but dialling up expectations for British hikes. On Tuesday, it was bigger-than-expected pay rises that strengthened expectations for the Bank of England to lift rates next month and to continue doing so thereafter. On Wednesday, British inflation data is in focus. On balance, the sheer size of the Bank of England's task of reining in inflation has been supportive for sterling, which hit a 10-month high last week. Implied volatility in the options market suggests traders don't expect sudden changes in the currency's slow grind higher.

☆ Morning Bid: Crowded bonds unnerved
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +5 min

This has some wondering if the recent dash for cash and top-rated bonds has become a bit crowded and how much more tightening central banks have to do. As we move into the weeds of the first-quarter U.S. earnings season, it's been a mixed bag so far. That clearly unnerved UK government bonds - where 10 year yields jumped 10bps - but it also jarred sovereign bonds around the world. Elsewhere, further signs of healing were evident in the global bank funding market. Japan's Sumitomo Mitsui Financial Group (8316.T) sold $1 billion of additional tier-1 debt, the first major global bank to sell the risky securities since similar bonds issued by Credit Suisse were wiped out last month.

Catherine Mcqueen | Moment | Getty ImagesInflation is gradually falling but remains high, meaning consumers' budgets continue to be stressed by fast-rising prices. "The best defense against inflation is being true to knowing your necessities and accepting the fact that [prices have] increased," said Braxton, a member of CNBC's Financial Advisor Council. Inflation is a measure of how quickly the prices consumers pay for goods and services are rising. When inflation is high — and outpacing wage growth — there are two basic financial adjustments for households to make ends meet: increase income or decrease expenses, Braxton said. Hourly earnings fell 0.7% in the past year after accounting for inflation — meaning consumers' dollar is getting stretched a bit further.

☆ Donald Trump's arraignment: key takeaways include 2 warnings from the judge that he behave himself
▼ + stars: | 2023-04-05 | by ( Laura Italiano | ) www.businessinsider.com time to read: +9 min

Takeaways from Tuesday's arraignment include two separate times the judge warned Trump to behave. The judge also nixed Trump's hope of just staying home on his next court date, December 4. Prosecutors had just handed the judge a thick packet of examples of what Assistant District Attorney Christopher Conroy called Trump's "threatening rhetoric." "May we ask that President Trump, his presence be waived just for that date?" The defense and prosecution are hoping to reach an agreement on the protective order, Trump attorney Susan Necheles said.

☆ The EV industry is gaining momentum. But public charging is a long way from being accessible to all
▼ + stars: | 2023-04-05 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +7 min

Equally important is making sure these EV chargers are accessible to all. Ensuring EV chargers are accessible to all is a big task, and organizations like Motability are pushing hard to create conditions for change. In collaboration with the U.K. government's Office for Zero Emission Vehicles, it commissioned the British Standards Institution to develop a "national accessible charging standard for EV chargepoints." Separately, it received funding from Motability to develop design guidance for those involved in the charging industry. In July 2022, the U.S. Access Board, an independent federal agency, issued design recommendations for accessible charging stations.

☆ Morning Bid: As banking worries slowly slip into rear view, markets fret on Fed
▼ + stars: | 2023-03-30 | by ( ) www.reuters.com time to read: +2 min

But as we are at the 'no news = good news' stage of the recovery from the banking worries, investors are preparing to try again as Europe wakes up with futures indicating a higher open. In a call to discuss the plan to split into six units, Group CEO Daniel Zhang said on Thursday the company's breakup plan will allow its units to become more agile and eventually list on their own. Investors hope the plan will help unlock value for the internet behemoth. Alibaba US shares traders at 11x forward earningsWith fears of a widespread banking crisis easing, investor attention has switched to Fed vs inflation. Meanwhile, the U.S. banking system's top cop said the scope of blame for Silicon Valley Bank's failure stretches across bank executives, Federal Reserve supervisors and other regulators.

☆ The Indie-Rock Trio boygenius Returns, Confident and Connected
▼ + stars: | 2023-03-30 | by ( Jon Pareles | More About Jon Pareles | ) www.nytimes.com time to read: +1 min

A streak of conspiratorial glee runs through “The Record,” the full-length debut album by boygenius. At Bridgers’s instigation, they regrouped to record a full album in January 2022; it’s being released on Friday. Even in the quietest, most self-questioning songs on “The Record,” boygenius sounds like its members are egging on one another, cheering the boldest moves and pushing past collaboration toward synergy. The three songwriters found one another as they crossed paths on the indie-rock circuit in the 2010s. On “The Record” — produced by boygenius with collaborators including Catherine Marks, Sarah Tudzin (of Illuminati Hotties) and Melina Duterte (a.k.a.

Persons: “, ” Julien Baker, Baker, ” Baker, Phoebe Bridgers, Lucy Dacus, it’s, —, boygenius, Catherine Marks, Sarah Tudzin, Melina Duterte, Jay Som Organizations: “ Locations: “

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