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☆ Factbox: Alberta wildfire shuts in at least 145,000 boepd of Canadian production
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +2 min

May 8 (Reuters) - Canada's main oil-producing province Alberta on Saturday declared a provincial state of emergency due to wildfires, shutting in at least 145,000 of oil equivalent per day (boepd). Tens of thousands of Albertans have been forced to evacuate their homes as unprecedented wildfires rage on in Alberta. It added that about 50,000 boepd of production has been temporarily curtailed since the evening of May 5. Crescent Point Energy Corp (CPG.TO)Crescent Point said about 45,000 boepd of production in the Kaybob Duvernay region has been temporarily shut in with a plan to restart production once safe and permitted to do so. Vermilion Energy Inc (VET.TO)Vermilion Energy said it had temporarily shut in about 30,000 boepd of production and that it was assessing the risk to its operations.

☆ Alberta wildfire shuts in at least 2% of Canadian energy production
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +4 min

It added that about 50,000 boepd of production has been temporarily curtailed since the evening of May 5. Crescent Point Energy Corp (CPG.TO)Crescent Point said about 45,000 boepd of production in the Kaybob Duvernay region has been temporarily shut in with a plan to restart production once safe and permitted to do so. NuVista Energy Ltd (NVA.TO)The company said it has temporarily shut in and depressured all operations proximal to the ongoing fires in the Grande Prairie region. Vermilion Energy Inc (VET.TO)Vermilion Energy said it had temporarily shut in about 30,000 boepd of production and that it was assessing the risk to its operations. Cenovus Energy Inc (CVE.TO)Cenovus said it has shut-in production and brought plants down in some areas of its conventional business.

Though stocks remain near their 2023 highs, some investors now believe those factors will soon start taking a greater toll, limiting further upside. The market may be "back in the soup on the banking crisis," said Chuck Carlson, chief executive officer at Horizon Investment Services. Many investors don’t expect that calm to continue, as a battle over raising the $34 trillion U.S. debt ceiling looms. In the six rate-hiking cycles since 1984, the S&P 500 has posted an average three-month return of 8% following the peak funds rate, Goldman Sachs strategists wrote. However, the S&P 500 is already trading well above its valuation at the end of any cycle except the one ending in 2000, when the S&P 500 declined despite a Fed pause, the bank said.

☆ California College Town Rocked by Stabbings That Remain a Mystery
▼ + stars: | 2023-05-02 | by ( Shawn Hubler | ) www.nytimes.com time to read: +1 min

A placid Northern California college town has been rocked by a series of stabbings in which two people have been killed and a third critically wounded in less than a week. Two days later, a University of California, Davis student was stabbed to death in a different park. The latest attack occurred on Monday night, severely injuring a woman sleeping in a homeless encampment near railroad tracks just east of downtown. In a 911 call shortly before midnight, the woman told dispatchers that she had been stabbed through the wall of her tent. The authorities are seeking a thin, curly haired young man, between 5 feet 6 inches and 5 feet 9 inches tall, wearing a dark sweatshirt and black Adidas pants.

☆ The stock market is quiet right now. Perhaps too quiet.
▼ + stars: | 2023-04-25 | by ( Joe Ciolli | ) www.businessinsider.com time to read: +3 min

By multiple measures, the stock market is the calmest it's been since the end of 2021. JPMorgan quant guru Marko Kolanovic says the equity market is far too placid right now, considering all the headwinds it's facing. He says technical factors are suppressing volatility in the face of rising rates, credit tightening, and macro risks. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyThe stock market is awfully quiet right now. Those rising rates have led to a tightening of credit availability, a dynamic reinforced by recent banking-system turmoil.

☆ Explaining the relative calm of the stock market as the Fed hikes rates into a mini-financial panic
▼ + stars: | 2023-03-25 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

.SPX 1Y mountain S & P 500, 1-year So, are equities under-reacting to a badly contorted bond market, a potentially trapped Fed and faltering economy? This has allowed the S & P 500 excluding financials and real estate to outperform the headline index by a couple percentage points year to date. Microsoft alone has added some $240 billion in market value since that date, more than the entire market cap of the S & P 500 regional-banks sub sector. Only about 60% of the S & P 500 members are positive over the past six months even as the index is up 7.5%, a loss of internal energy. The flash S & P Global U.S. Composite PMI for March, reported Friday, was up to 53.3 from 50.1 the prior month and above the 49.5 forecast, a reading S & P says is consistent with around a 2% real GDP pace.

☆ Fed Rate Policy Is Shaking Up the World of Muni Debt
▼ + stars: | 2023-02-24 | by ( Heather Gillers | ) www.wsj.com time to read: 1 min

Concerns that the Federal Reserve will continue to increase rates have affected municipal fund inflows. The markets’ bumpy start to 2023 is causing whiplash even in the historically placid realm of state and local government debt. Municipal bonds this month have erased nearly all of their January gains after fears of rate increases cooled investor appetites. “It has been a roller coaster,” said Nathan Will , head of municipal credit research at Vanguard Group.

☆ You Don’t Have to Be Complicit in Our Culture of Destruction
▼ + stars: | 2023-01-30 | by ( David Marchese | ) www.nytimes.com time to read: +12 min

Photo illustration by Bráulio Amado Talk You Don’t Have to Be Complicit in Our Culture of Destruction“People feel a kind of longing for a belonging to the natural world,” says the author and scientist Robin Wall Kimmerer. I am deeply aware of the fact that my view of the natural world is colored by my home place. But I don’t think that’s the same as romanticizing nature. Of course the natural world is full of forces that are so-called destructive. The story that we have to illuminate is that we don’t have to be complicit with destruction.

[1/4] Workers take down a Chinese Lunar New Year celebration banner near the location of a shooting that took place during a Chinese Lunar New Year celebration, in Monterey Park, California, U.S. January 22, 2023. The city on the eastern edge of Los Angeles was holding its first in-person celebration of the Lunar New Year since the COVID-19 pandemic began. "Monterey Park should have had a night of joyful celebration of the Lunar New Year. Monterey Park is around 7 miles (11 km) from downtown Los Angeles. Reporting by Tim Reid in Monterey Park and Kanishka Singh in Washington; Editing by Mary Milliken and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ As TikToks about Antarctic tourism go viral, some worry about the environmental costs
▼ + stars: | 2022-12-10 | by ( Morgan Sung | Morgan Sung Is A Trends Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +5 min

The Drake Passage is the body of water between the southernmost tip of Chile and Antarctica's northern peninsula. Travel company Oceanwide Expeditions describes the Drake Passage as a "lively little waterway" and the "gateway to the Antarctic." Many TikTok users expressed fascination with the Antarctic travel content, but were also perplexed with the sudden influx of videos about visiting the largely barren continent. In wake of the influx of travel content about Antarctica, some on TikTok have raised concerns over the environmental impact of Antarctic tourism. In a post responding to Ramos' video about the Drake Passage, TikTok creator jijis.m0m showed screenshots of articles about pollution in Antarctica.

In the central city of Wuhan, where the pandemic erupted in late 2019, there were more signs of life with some areas busy with commuters on Friday. "They've relaxed the measures but still, there’s nobody about," said a taxi driver surnamed Wang, who didn't want to give his full name. But there are signs the reassuring new message has still to convince many of the country's 1.4 billion people. China's current tally of 5,235 COVID-related deaths is a tiny fraction of its population of 1.4 billion, and extremely low by global standards. Some experts have warned that toll could rise above 1.5 million if the exit is too hasty.

☆ World Cup 1950: When the US beat England in the greatest sporting upset of all time
▼ + stars: | 2022-11-24 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

CNN —On one side of the pitch was a team made up some of the biggest names in world soccer. Described as a “real bunch of ragamuffins” by the author Geoffrey Douglas, the US beat a star-studded England side 1-0 at the 1950 World Cup. I mean, a plucky group of underdogs just beat what was generally universally recognized as the best team in the world,” Holroyd told CNN Sport. PA Images/ReutersAnd so when the 1950 World Cup approached, there was little national interest or coverage of the US’ participation. On the other side of the pond, hopes were sky high for a star-studded England team.

☆ Some People Are Getting 14 Times the Average Savings Account Rate. Here Are the Best Offers
▼ + stars: | 2022-11-10 | by ( ) www.wsj.com time to read: +6 min

By Martha C. WhiteAfter years of earning essentially zilch on your cash, it’s finally possible to see a real return in your savings account. (Capital One 360 Performance Savings remains our pick for Best Overall Savings Account.) Strategies to find the best savings ratesThere are a few places you can search for a savings account that offers high interest—and a couple of caveats to keep in mind. Try an aggregatorSites that aggregate banking offers can be a good place to start your search for a high-yield savings account. With lower overhead than their bricks-and-mortar counterparts, these businesses have more leeway to offer higher rates on deposits.

☆ Malinin lands another quadruple axel for Skate America gold
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +2 min

Oct 22, 2022; Norwood, Massachusetts, USA; Ilia Malinin (USA) performs in the men's free program at Tenley E. Albright Performance Center. Mandatory Credit: Eric Canha-USA TODAY SportsOct 23 (Reuters) - American Ilia Malinin landed only the second quadruple axel in competitive figure skating history at Skate America on Saturday, a month after he executed the move for the first time at a lower-level event. read moreSkating to "Euphoria" by Labrinth, he repeated the feat to thunderous applause during his free skate at his senior Grand Prix debut to take gold. Malinin had previously said that he was inspired by double Olympic champion Yuzuru Hanyu, who unsuccessfully attempted the quadruple axle during his free skate at the Beijing Olympics. Skate America is the first of six events in the International Skating Union Grand Prix of Figure Skating Series.

☆ Jerrod Carmichael Was Scared of Coming Out. He Still Is.
▼ + stars: | 2022-07-11 | by ( David Marchese | ) www.nytimes.com time to read: +19 min

Mamadi Doumbouya for The New York Times Talk Jerrod Carmichael Was Scared of Coming Out. Anything other than “I’m gay” was me dodging. Everything was actually “I’m gay.” But it’s still dodged. The working title of “Rothaniel” was “I’m Gay.” There are certain phrases that have no substitute. Like “I’m gay” or telling someone “I’m sorry.” But people can live in cognitive dissonance.

Persons: Mamadi Doumbouya, Jerrod Carmichael, ”, “ I’m, Carmichael, Seth Meyers ”, Howard Stern, “, ” Carmichael, —, I’ve, You’ve, it’s, I’m, ‘, ’ ’, Dave, Chapelle, ” It’s, Hitler, Martin Luther King, Michael Jackson, ” —, Jay Z, Mozart, Rothko, Jay, It’s, Norm Macdonald, Malcolm X, shouldn’t, Jessica Chastain’s, Bo, Burnham, can’t, Something’s, Seth Meyers ’ ’, Lloyd Bishop, Lizzo, that’s, That’s, She’s, — that’s, Rothaniel, Wesley Morris, Eddie Murphy, you’ve, Eddie, he’s, I’d, You’d, D’Angelo’s, Spalding, Eric Butterworth, Maya Angelou, Oprah Winfrey, Christian, Read Eric Butterworth, David Marchese, Neal Stephenson, Laurie Santos, Christopher Walken Organizations: The New York Times, York’s Whitney Museum of American, HBO, Twitter, NBC, NBCU, Bank, Getty

☆ Dramatic photos cast Europe’s ancient castles in a new light
▼ + stars: | 2022-02-07 | by ( Allyssia Alleyne | ) edition.cnn.com time to read: +6 min

But in his latest book, “Stone Age: Ancient Castles of Europe,” writer and photographer Frédéric Chaubin set out to disrupt the familiar stereotypes, using prose and photography to link the medieval with the Modernist. Frédéric Chaubin/Courtesy of TASCHENWhen castles first emerged in the 10th century as an alternative to wooden structures, they were envisaged as fortified dwellings for the ruling class. Frédéric Chaubin/Courtesy of TASCHENWhen making his final selection, Chaubin prioritized the impressiveness of a castle’s location and its architectural simplicity – in keeping with his overarching theme – rather than its historical significance. Dividing the castles by location seemed equally futile, given that Europe’s borders were in constant flux during the centuries covered in the book. “The very large typology of those castles made the subject more difficult to deal with, but at the same time, more interesting.”“Stone Age: Ancient Castles of Europe,” published by Taschen, is available now.

Persons: Frédéric Chaubin, Adolf Loos, Le, ”, Chaubin, “, TASCHEN, Quéribus Organizations: CNN, Templars, Taschen Locations: Europe, Almourol, Portugal, Soviet Union, United Kingdom, France, Spain, Germany, Baltics, Scotland, Avila, Wales, England

☆ The best investing stories of June: Interviews with accurate analysts — real estate wizardry — world class stock-pickers
▼ + stars: | 2020-07-07 | by ( Business Insider | ) www.businessinsider.com time to read: +5 min

If you aren't yet a subscriber to Investing Insider, you can sign up here. That's where the Investing team at Business Insider comes in. -- JoeJoin Business Insider on July 8 at 12 p.m. Ruobing Su/Business InsiderBusiness Insider spent weeks talking to stock analysts across Wall Street — and not just in popular sectors like tech and retail. We spoke to 11 of the top-ranked on Wall Street to get their forecasts and single-stock picks.

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