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March 24 (Reuters) - Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers' need for capital to meet soaring demand for planes and parts risks further turbulence, executives said. He said he would not oppose a private equity investment, as long as he maintains control and the combination makes sense by lowering costs. Global private equity deals among companies with aerospace portfolios rose to 216 in 2022, more than double 2019's figure and the highest in over a decade, according to Refinitiv data. Permanent Equity wants to invest in repair stations and suppliers with large inventories of aerospace parts. In Canada, while bank loans remain accessible for small suppliers, rising rates have flattened real estate pricing.

☆ China gives itself easy GDP homework
▼ + stars: | 2023-03-06 | by ( Pete Sweeney | Thomson Reuters | Asia Economics Editor Pete Sweeney Joined Reuters Breakingviews In Hong Kong In September Previously He Served As Reuters' Chief Correspondent For China Economy | ) www.reuters.com time to read: +4 min

HONG KONG, March 6 (Reuters Breakingviews) - China aims to grow GDP by “around 5%” in 2023, which might seem low given last year’s 3% marked the country’s weakest performance in decades. Chen Long of Plenum China notes that the annual work report, usually an important window into the economy and official priorities for the year ahead, dedicates only six pages to discussing the future, compared to 22 pages last year. That may be because Premier Li Keqiang, who gives the work report, is on his way out along with other reformers. By keeping goals conservative and methods vaguer than usual, the government makes it harder for newcomers to fail. The government is aiming for a 2023 budget deficit target of 3% of gross domestic product, according to the report, widening from a deficit goal of around 2.8% last year.

☆ Boomers Greed Ruined Economy for Gen Z, Millennials
▼ + stars: | 2023-03-01 | by ( Alex Yablon | ) www.businessinsider.com time to read: +14 min

The boomers' economy is brittle, stingy, and built on undersupply. While inflation may be cooling a bit, future prosperity for millennials, Gen Zers, and beyond depends on reversing this economywide bottleneck created by boomers. Boomers shrank the labor force they need nowThe baby boomers ensured the labor market of the generations after them would be inadequate in a few major ways. The boomer ethos on housing, which views homes not as places to live but as financial assets, is mirrored in the rest of the economy boomers made. They make loans, investment, and housing more expensive — putting the economy on a diet instead of growing the pie.

Export inspections, a proxy for actual exports, totaled a preliminary 8.2 million tonnes in January 2023 compared with 6.5 million a year ago and 8.9 million in January 2021. January 2022 soy shipments totaled 6.4 million tonnes, a couple of cargoes above the five-year average. U.S. soy export sales were decent last month as Brazilian farmers have been stingy sellers of their huge impending harvest. Trade estimates ahead of the U.S. Department of Agriculture’s Wednesday supply and demand report suggest analysts are mostly content with the agency’s latest forecast for 2022-23 U.S. soybean exports of 1.99 billion bushels (54.2 million tonnes). Weekly U.S. soybean export inspectionsKaren Braun is a market analyst for Reuters.

☆ Georgia pounds TCU, 65-7, to repeat as CFB national champs
▼ + stars: | 2023-01-10 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

3 TCU 65-7 Monday night to become the first team to win consecutive College Football Playoff national championships. TCU (13-2), the first Cinderella team of the playoff era, never had a chance against the Georgia juggernaut. No team has ever scored more points in a national championship game, dating to the beginning of the BCS in 1998. Georgia vanquished the Tide to break a 41-year national title drought last season, avenging its only regular-season loss in the process. They were within a victory of the program’s first national title since 1938.

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☆ Charles Dickens’s ‘A Christmas Carol’ Review: The Soul’s Rebirth
▼ + stars: | 2022-12-24 | by ( Brad Leithauser | ) www.wsj.com time to read: +1 min

Charles Dickens’s “A Christmas Carol” is an evergreen delight for a host of reasons, not least for its length. The book’s events—which track the elderly, prosperous, stingy Ebenezer Scrooge’s psychic transformation from grouchy bear to purring pussycat—unfold in the course of one night. And, likewise, the book can, and should, be consumed in a single night, preferably Christmas Eve. In the book’s fictional world, Scrooge’s stunted soul is redeemed after serial visits from four ghosts, each conveying messages of fear and censure. If everything goes well, the evening’s two prime participants, Scrooge and you, wind up at the same juncture: releasing tears of joy.

☆ How much should you tip your barista?
▼ + stars: | 2022-12-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

There’s also often an option to leave a custom tip or no tip at all. Although consumers are accustomed to tipping waiters, bartenders and other service workers, tipping a barista or cashier may be a new phenomenon for many shoppers. Others feel guilty if they don’t tip or embarrassed if their tip is stingy. One barista in Washington State said that he understands if a customer doesn’t tip for a drip coffee order. Nearly 60% of Uber customers never tip, while only about 1% always tip, a 2019 University of Chicago study found.

☆ Morocco vs. France World Cup 2022 game highlights globalization
▼ + stars: | 2022-12-14 | by ( Tony Karon | Tony Karon Is The Editorial Lead Of Al Jazeera'S Aj | Channel. Also An Associate Professor At The New School In New York | ) www.nbcnews.com time to read: +6 min

The iconic image of the 2022 World Cup may well be Morocco’s Sofiane Boufal dancing with his mum after his team’s brilliant upset victory over Portugal in the quarterfinals. Boufal and his mother — like the majority of Morocco’s players and coaches — live in European cities, part of that continent’s vast marginalized and embattled migrant underclass. Morocco’s prowess as the first African team to make the semifinals of the World Cup brings us ever closer to fulfilling soccer icon Pelé’s prophecy. Indeed, this was the first World Cup in which all five African teams were coached by African coaches, rather than by European journeymen. The team's strategy suggests its coach has rewritten the playbook that long recommended African teams play pessimistic defensive football, hoping for a lucky break.

☆ Brazil dances its way into World Cup quarterfinals thanks to dazzling display against South Korea
▼ + stars: | 2022-12-05 | by ( Matias Grez | ) edition.cnn.com time to read: +7 min

CNN —Brazil danced its way past South Korea and into the World Cup quarterfinals on Monday, sweeping aside its opponent 4-1 in a dazzling performance at Qatar 2022. Brazil players hold a banner showing support for Pele. South Korea, meanwhile, has impressed in reaching the round of 16, coming through a difficult group that included Portugal, Ghana and Uruguay. Michael Steele/Getty ImagesHee-Chan Hwang did force Alisson into a wonderful one-handed save soon after the penalty, but that was the closest South Korea came to scoring in the first half. This game was already long over as a contest, but it was now in danger of turning into a humiliating night for South Korea, if it hadn’t already.

☆ ‘Crash the Back Post’: Inside the Play That Kept the U.S. in the World Cup
▼ + stars: | 2022-11-30 | by ( Andrew Beaton | ) www.wsj.com time to read: 1 min

DOHA, Qatar—In order to advance to the knockout stage of this World Cup, the U.S. men’s national team knew it needed a way to unlock Iran’s notoriously stingy defense. What the Americans came up with was a play that produced one of the most memorable goals in U.S. soccer history. When Christian Pulisic connected with a headed pass to give the U.S. a 1-0 lead—and ultimately win a spot in the Round of 16 and a Saturday date with Netherlands—members of the team insisted that the key sequence wasn’t merely a handful of improvised passes finished off by one clever run. They said it was a designed progression that the team had practiced meticulously just in case the opportunity arose.

☆ 'Black Panther: Wakanda Forever' is the seventh MCU movie in a row to be barred from China. It shows how a once essential market for Hollywood blockbusters has dried up.
▼ + stars: | 2022-11-15 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

China's film officials have been extra stingy about granting Marvel movies release dates during the pandemic. Marvel movies are still some of the biggest movies being released right now. But "Doctor Strange in the Multiverse of Madness" was just shy of $1 billion and might have crossed that coveted barrier with a China release. "Love and Thunder" topped its predecessor "Thor: Ragnarok" at the US box office but not in total global sales. DC's "Black Adam" was denied a China release, as well.

☆ Loafer buyout flop may have sting in the tail
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +1 min

MILAN, Oct 26 (Reuters Breakingviews) - Founder Diego Della Valle’s stingy attempt to take luxury shoemaker Tod’s (TOD.MI) private appears to have floundered. Della Valle’s refusal to lift the bid price appears puzzling. Adding perhaps 10% to the offer price would have mollified the naysayers. Investors would be forced to accept illiquid stock or compensation based on Tod’s average price in the six months prior to the offer. Della Valle’s next deal could be even stingier.

☆ BreakingViews: Xi’s contract with China needs more signatures
▼ + stars: | 2022-10-23 | by ( Pete Sweeney | Thomson Reuters | Asia Economics Editor Pete Sweeney Joined Reuters Breakingviews In Hong Kong In September Previously He Served As Reuters' Chief Correspondent For China Economy | ) www.reuters.com time to read: +4 min

HONG KONG, Oct 23 (Reuters Breakingviews) - Xi Jinping has effectively secured a third presidential term at the just-concluded Chinese Communist Party conclave. His prize: a $16 trillion economy in a vulnerable state, dependent on American technology and facing a demographic crisis. China’s so-called chairman of everything has the power to relieve his people, but it’s unclear whether he has the will. The focus on weaning China from foreign software and semiconductors entails a vast duplication of effort. Follow @petesweeneypro on TwitterloadingCONTEXT NEWSChina’s Communist Party has elected President Xi Jinping as general secretary on Oct. 23, his third five-year term, according to Chinese state media.

☆ NBA roundup: Suns hit late shot to cap rally from 22-point hole
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +9 min

Lee hit a 10-foot fallaway jumper over Spencer Dinwiddie to cap an electric Phoenix comeback in the season opener for both teams. Cameron Johnson added 15 points, Mikal Bridges had 13 points and 11 rebounds and Lee scored 11 points off the bench. Christian Wood added 25 points and eight rebounds in his Dallas debut while Dinwiddie added 15 points. D'Angelo Russell added 20 points and Jaden McDaniels had 19 for Minnesota. Santi Aldama (18 points, 11 rebounds) and John Konchar (12 points, 11 rebounds) each posted double-doubles while Jones had 15 points off the bench.

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No matter what they're learning in school, most young Americans are lost when it comes to managing their money. Once you know where your money goes, a budget maps out how much money you owe every month, and how much money you have left. It's not restrictive, like a diet — it's just a way to make sure you aren't spending money you don't actually have. It's never too early to open a retirement account. Put that money towards your retirement account instead.

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