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☆ 'Phantom hacker' scams that target seniors' savings are on the rise, FBI says
▼ + stars: | 2023-10-17 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

There has been a nationwide increase in "phantom hacker" scams, a type of fraud "significantly impacting senior citizens," who often lose their entire bank, savings, retirement or investment accounts to such crime, according to the FBI. "Phantom hacker" scams are an evolution of tech support scams, a type of cybercrime. As of August 2023, losses from tech support scams were up 40% during the same period in 2022, according to a recent FBI public service announcement. Older adults have generally amassed a larger nest egg than younger age groups, and therefore pose a more lucrative target for criminals. Older adults are also "particularly mindful of potential risks to their life savings," Gregory Nelsen, FBI Cleveland special agent in charge, said in a statement.

Persons: Gregory Nelsen, Nelsen Organizations: FBI, Finance, FTC Labor Department, FBI Cleveland

☆ Home Sweet Times Square: How New York City can save Midtown Manhattan from the 'urban doom loop'
▼ + stars: | 2023-10-08 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

And New York City has had success transforming single-use office districts, most notably Lower Manhattan's financial district, into more vibrant mixed-use places. Times Square is one of those, according to Tom Harris, president of the Times Square Alliance, which represents the district's businesses. AdvertisementAdvertisement"I'm not negating it, but certainly the opportunities south of Times Square, to the west of Times Square, are a little bit better for development of the housing stock," he said. The mix of businesses around Times Square has changed in a way that could be appealing to potential residents. Times Square lost 179 businesses during the pandemic, but has since welcomed more than 180 new businesses into the neighborhood, according to the Times Square Alliance.

Persons: —, Eric Adams, Dan Garodnick, Garodnick, Lynne Sagalyn, Sagalyn, Andrew Lichtenstein, Susan Mello, Walker, Dunlop, Mello, Luiz C . Ribeiro, Tom Harris, Harris, aren't, Le Bernardin, haven't —, Gardonick Organizations: Midtown, Service, Garment, Eighth, New York City's Department of City Planning, Columbia University, Getty, Financial, Times Square Alliance, Times, Lambs, —, Taco Bell, Grand Central Madison Locations: Midtown Manhattan, Midtown, Manhattan, America, Manhattan . Old, York City, Lower Manhattan, hasn't, Retail, Long, New York

☆ How this 77-year-old widow lost $661,000 in a common tech scam: 'I realized I had been defrauded of everything'
▼ + stars: | 2023-10-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +19 min

Older adults, many of whom have saved their entire careers for retirement, can have the most to lose. The Covid pandemic was a disproportionate threat to older adults, keeping Americans indoors and quickly pushing them online. Outcomes hinge on a complex web of federal and state rules that govern banking and elder financial fraud. Such "heightened procedures" to protect older adults are part of the bank's duty of care relative to older customers, the lawsuit said. Scammers had her wire funds from her PNC bank account to an account at the now-defunct Signature Bank in New York.

Persons: Marjorie Bloom, she'd, Bloom, Roth, Ester, Ester Bloom, Rebecca Keithley, —, they'd, I'm, Kathy Stokes, Keithley, General Merrick Garland, she'll, Marjorie Bloom Bloom, trekked, Mount, Kriangkrai, I've, There's, Sergio Flores, scammers —, Carla Sanchez, Adams, Sanchez, Banks, Marve Ann Alaimo, Porter Wright Morris, Arthur, Alaimo, Cryptocurrency, Scammers, scammers, it's, Patrick Wyman, Wyman, Al Drago Organizations: PNC Bank, Finance, CNBC, Federal Bureau of Investigation, PNC, FBI, Social, Department of Justice's, Vanguard Group, Federal, Consumer Finances, AARP, Microsoft, Department of Energy, Guaranty Corporation, U.S, North Dakota ., Everest Base, Social Security, North Bethesda Camera, PNC Bank —, District of Columbia, Bloomberg, Getty, National Consumer Law, Signature Bank, Asset Unit Locations: Chevy Chase , Maryland, U.S, Vietnam, Mount Everest, North Dakota, liquidating, Nepal, Marjorie Bloom Maryland, District, —, Maryland, PNC, New York, Cayman Islands, Washington ,

☆ ‘I’ve always made fun of the rules.’ John Waters has only ever been himself
▼ + stars: | 2023-10-04 | by ( Marie Lodi | ) edition.cnn.com time to read: +10 min

“I could keep all the money,” Waters once told culture website Flavorwire of the screenings. During a press preview for the exhibition, Waters revealed that one item he wished they had procured was Divine’s “cheater” — drag terminology for a prosthetic vulva with fake pubic hair. Whether it’s subverting a four-figure tub of moisturizer or Hollywood, Waters has always been true to himself. “I’ve always made fun of the rules of the world that I live in. That’s how you can have fun, by breaking some of them.”One rule Waters isn’t breaking, however, is his daily writing schedule.

Persons: CNN —, John Waters, Jenny He, Dara Jaffe, Greg Gorman, Waters, Glenn Milstead, Mink, Edith Massey, Cookie Mueller, Mary Vivian Pearce, Lawrence Irvine, Prince, Puke, William S, that’s, ”, Kathleen Turner, “, ” Jaffe, Charles White, ” Waters, Marjorie Taylor Greene, That’s, he’s, —, you've, ” Chris Pizzello, thusfar, Divine, Ricki Lake, Traci Turnblad, Traci, Amber Von Tussle’s, Van Smith, Isabelle Huppert — Waters, “ I’ve, There’s Organizations: CNN, Academy Museum Foundation, Hollywood, Academy Museum of Motion Pictures, NYU, Warner Bros, Burroughs, Academy Museum, Wesleyan University, Charles White / Academy Museum Foundation, New York Times, Maybelline Locations: Los Angeles, American, Lutherville , Maryland, Baltimore, Sleaze, LA, Middletown , Connecticut, Cape Cod, Waters, Hollywood, Seattle

☆ At Rosemead High, generations of students were harassed or groomed for sex as they tried to get an education
▼ + stars: | 2023-10-03 | by ( Matt Drange | ) www.businessinsider.com time to read: +87 min

Students were regularly subjected to sexual harassment by Hall, two former students told me. “I feel like so many of us were victims to the culture,” one former Rosemead student told Insider. Manipulation by a trusted adult has been passed like a virus to generations of Rosemead students. AdvertisementThe Shops at Santa Anita in Arcadia have long been a local haunt for Rosemead High students. We wondered aloud whether Masiello had harassed our mother the same way he'd done to generations of Rosemead students.

Persons: Clara didn't, She'd, Alex Rai, Eric Burgess, Burgess, Rai, Clara, they'd, Rai texted, she'd, who'd, Mark Abramson, Rai didn't, Leonard Levine, — I'm, Alex Rai wasn't, wouldn't, Rosemead, RubyAnna Sare, Sare, Harlan Mayne, Mayne, Dwain Crum, he'd, colluded, Crum, Robin Torres, Torres, Edward Zuniga, Zuniga, Paul Arevalo, Kristy, Jim Hall, Hall, groped, Angela, Diane Bladen, Bladen, Michael Sullivan, Sullivan, Denton Todd, Todd, Barbara, Arevalo, Barbara said, Matt Drange, Andrew Dalton, Dalton, ” Mark Abramson, I've, Will, Suzy, Carly Sanchez, Sanchez, aren't, —, David Pitts —, Pitts, Cindy, Scriabin, David Pitts, couldn't, That's, G, You'd, It's, Wing Chan, Chan, Louis Vuitton, Justin Rosien, Rosien, Rosien texted, cringed, Jim Hall's, Don Masiello, Paul Arevalo's, Sergio Caveyo, Caveyo, Brian Day, Alex, messaged, Brian Aliff, Aliff, Nichole, I'd, scoot, Michelle, Michelle's, Michelle didn't, Sarah, Brian Bristol, didn't, Nichole's, Weeks, Herbert Ortiz, Jaime, Ortiz, Richard Daniels, Daniels, Fidel Dominguez, Rosemead High's, Larry Callaham, Masiello, Jan Herzog, Herzog, Justin Fregoso, James Eder, Fregoso, me Eder, Eder, they've, Anne Bazile, Bazile, Unbeknownst, Arevalo —, Jonathan Howard, Credentialing, Howard, Elaine Rose, Rose, El Monte Union High School District Arevalo, he's, José Gallegos, Gallegos, Billie, Jo Grant, Grant, Michael Cohen, Cohen, Santa Claus, Oz, California's, haven't, Lupe Nieves, Nieves, reenacted, faxed, Harold Greenberg, Dan Morris, Morris, Alex Valdez, J, Valdez, alums, Heidi, Guillermo, she's, Clara wasn't, Mark Matthews, Matthews, Rai groped, Janine Salanitro, Zuniga hasn't, Felipe Salazar, Salazar, Andrew Dalton's, Matt Drange’s Organizations: Business, Rosemead High School, Rosemead High, Rosemead, El Monte Union High School District, Sheriff's Department, TA, El Monte Union High School, X's, Ford, Business Insider, Casa del Rey, Nissan, Nike, Bristol, Arroyo High School, High School, Los, Los Angeles County Sheriff's Department, Perris High School, of Education, Angeles County Sheriff's Department, California, California Department of Education, Monte Union High School, Valdez, Gabrielino, Rai, Los Angeles County Sheriff's, Temple City Locations: Southern California, Rosemead, San Gabriel Valley, San Gabriel, Los Angeles, Huntington Beach, Pasadena, Bladen, California, Arevalo, Utah, Santa, Arcadia, Beverly Hills, Burgess, Bristol, Arroyo, Perris, California's, Angeles, Cindy's, Los Angeles County, Temple

☆ Opinion: Trump and the upside-down world
▼ + stars: | 2023-10-01 | by ( Richard Galant | ) edition.cnn.com time to read: +17 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —The title on the cover of Cass R. Sunstein’s 2021 book, “This is not normal,” is printed upside down. The beginning of a Trump-backed House Republican inquiry into impeaching President Joe Biden with no clear evidence of his wrongdoing. A last-ditch move Saturday kept federal agencies funded for 45 days while putting more aid to Ukraine in jeopardy. Bill Bramhall/Tribune Content AgencyOn Monday, a New York judge found Trump and his adult sons liable for insurance and bank fraud and canceled the Trump Organization’s business certification.

Persons: Cass R, ” Sunstein, Ronald Reagan, “ Donald Duck, Donald Trump, Joe Biden, Trump, “, ”, Kevin McCarthy’s, Clay Jones, Mike Lawler, Rosa Cruz, Rob Rosenthal, Brian Riedl, Walt Handelsman, Biden, MAGA, John Avlon, ’, Bill Bramhall, Frida Ghitis, —, Ghitis, Phil Hands, Julian Zelizer, Steven Lubet, Judge Chutkan, Dean Obeidallah, Menendez, Hal Boyd, Sen, Tim Scott, Ron DeSantis, Scott, ” Scott, Lyndon, “ you’ve, ” Jeff Yang, Chris Christie’s, ‘, Donald Duck ’, Mike Pence’s, Walter Mondale, Nikki Haley’s, South Carolina Sen, Vivek Ramaswamy, TikTok, whittling, Haley, ” Sophia Nelson, ” Lisa Benson, GoComics.com, James Antle III, Todd Graham, David Axelrod, Musa al, Republicans –, –, Nick Anderson, Agency Cassidy, Evelyn Hockstein, Cassidy Hutchinson, Nicole Hemmer, Hutchinson, …, Alyssa Farah Griffin, Liz Cheney, Alexander Butterfield, Melissa S, Jason L, Riley, Jill Filipovic’s, Robert F, Kennedy Jr, Peter Bergen, Kennedy, Vladimir Putin, Brian Bowen Smith, ABC Gerry Turner, Deborah Carr, Gerry Turner, Turner, ” Don’t, Jill Filipovic, Dianne Feinstein, Matthew F, West Point Vincent, David A, Adam Larson, Michael D, Smith, Travis, Taylor Dana Summers, Taylor Swift, Travis Kelce, ” Rick Reilly, Colgate, Tay, Frankie de la, it’s Organizations: CNN, Republican, Ronald Reagan Presidential, Trump, Chiefs, Department of Labor, Wesleyan University, Agency, MAGA Republican, Pew Research Center, NBC, Republicans, GOP, “, Florida Gov, New, New Jersey Gov, Democratic, UAW, Tribune, White House, Legislative Affairs, White, Street, ” RFK, ABC, Chicago, Corps, Kansas City Chiefs, New York Jets, Washington Post, NFL Locations: Milwaukee, Simi Valley , California, Ukraine, New York, Washington, Tempe , Arizona, New Jersey, Cupp, South Carolina, Florida, Michigan, Michigan , Pennsylvania, Wisconsin, Gharbi, West Point

☆ Russian troops have put up dozens of surveillance towers across Mariupol to track Ukrainians' conversations and digital activity
▼ + stars: | 2023-09-28 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

Russia put up towers in Mariupol that track Ukrainians' digital activity, an advisor to the city's exiled mayor says. He described the Russian troops' activities as Orwellian. "This is equipment for monitoring conversations and Internet traffic of Mariupol residents," Andryushchenko wrote alongside a video. The Russians are also using the towers for military communications, he wrote, adding that Russian troops have erected 40 such towers in Mariupol over the last three months. Old Orwell would simply be amazed how all his fictions became the reality of Mariupol," Andryushchenko wrote, referring to "1984" author George Orwell.

Persons: Petro Andryushchenko, —, Andryushchenko, Orwell, George Orwell, Andryushchenko's, Vladimir Putin, Putin, Sergei Shoigu, Shoigu, ISW Organizations: Service, Kyiv Post, Ukraine, Institute for, Russian, Telegram, New York Times Locations: Russia, Mariupol, Ukrainian, Kherson, Odessa, Kharkiv, Ukraine

That is especially concerning for parents of younger kids and those whose disabilities can make finding child care an extra challenge. One failed legislative proposal would have let students in four-day districts transfer or attend private schools, with their home districts picking up the tab. “If everybody becomes a four-day school week,” she said, “that is no longer a recruitment strategy.”In some communities, a four-day week is better for families. “They’re making the shift to the four-day week because all the districts around them have adopted a four-day week,” he said. However, the Rand Corporation found achievement differences in four-day districts, while initially hard to spot, became apparent over multiple years.

Persons: — It's, Callahan, contorts, Keegan, ”, Hudson, Brandi Pruente, “, Paul Thompson, Harry Truman, Dale Herl, Jon Turner, Margie Vandeven, Tony Warren, Warren, Thompson, Karyn Lewis, Will Pierce, hasn't, Frank James Perrone Organizations: French, Oregon State University, Economic Commission, Missouri State University, Rand Corporation, Indiana University, Associated Press, Carnegie Corporation of New, AP Locations: Mo, U.S, Independence , Missouri, Kansas City, Missouri, Independence, Turner, Montana, Denver, 27J, ”, Carnegie Corporation of New York

In short, Russia’s children are being prepared for war. Education Minister Sergei Kravtsov said recently that there are now about 10,000 so-called “military-patriotic” clubs in Russian schools and colleges, and a quarter-of-a-million people take part in their work. There are mandatory classes on military-patriotic values; updated history books accentuate Russian military triumphs. President Putin has personally led the campaign to inject patriotism into Russia’s schools. That message - hammered home by the president and state media - is now being taken into Russia’s schools.

Persons: Sergei Kravtsov, Vladimir Putin, ’, ”, ” Putin, Ukraine “, Putin, “, Vyacheslav Gladkov, Uliana Shumelova, schooler, Sergei Shoigu, Shoigu, Daria, Vladimir, Ukraine –, Buryatia, She’d, It’s Organizations: CNN, Education, Security, Defense, Education Ministry, Novosti, RIA Novosti, Russia, Kremlin, Educational, Ministry of Defense, Air Defense, United, ”, Northern Military District, Military Sports Games, Defense Ministry, Armed Forces Russian Federation Locations: Pacific, Ukraine, Moscow, Russian, Russia, Crimea, Ukrainian, stoke, Belgorod, Krasnodar, Vologda, Sakhalin, Russia’s Far, Yeysk, Azov, Astrakhan, United Russia, Vladivostok, Voronezh, Ussuriysk, Buryatia, Chita trumpeted, Orenburg, Polish, Perm, State

And Biden isn’t the only candidate trying to line up support among young voters. Former President Donald Trump, the frontrunner for the Republican nomination in his comeback bid for the White House, visited Iowa State University last weekend. “And that’s not happening so far.”Biden won 61% of voters between the ages of 18 and 29 in 2020, according to AP VoteCast, making young voters a critical part of his coalition. The White House has worked with online influencers to reach people who don't rely on traditional media. On Thursday, Harris repeatedly tried to demonstrate that she understood young voters’ concerns.

Persons: Kamala Harris, Jaden Clemons, Layth Carpenter, Harris, ”, Joe Biden, Clemons, Biden, they're, Donald Trump, “, Trump, John Brabender, Isaac Gavin, ” Sen, Mitt Romney, ” Biden, ” Harris, Kevin Munoz, isn’t, John Della Volpe, “ It’s, Della Volpe, Destiny Humphreys, they’re, Carpenter, ___ Price, Ayanna Alexander, Farnoush Amiri Organizations: —, Hampton University, Howard University, White, Republican, Iowa State University, Alpha Gamma Rho, University of Iowa, YouTube, Drake University, Utah Republican, U.S . Capitol, AP, North Carolina, Democratic National Committee, Biden, Democrats, Harvard Kennedy School Institute of Politics, South Carolina State University, U.S, Supreme Locations: HAMPTON, Va, Hampton, Las Vegas, Des Moines, Utah, United States, Greensboro, N.C, —, New York, Beaumont, Des Moines , Iowa, Orangeburg, S.C, Washington

WASHINGTON (AP) — The White House Situation Room — a space of great mystique and even greater secrecy — just got a $50 million facelift. Behind that is the main conference room, known as the “JFK room." A room once taken up by computer servers has become a smaller conference room. That took place around the corner from the JFK room in a smaller conference room that no longer exists. While the area was closed for renovation, White House officials used other secure spots on the campus.

Persons: Barack Obama, Osama bin Laden, Donald Trump, Abu Bakr al, Lyndon Johnson, Joe Biden, Marc Gustafson, “, ” Gustafson, Kennedy, John F, Nixon, Henry Kissinger, Gustafson, Leather, Obama, Hillary Clinton, Biden, It's, Gustafson didn't Organizations: WASHINGTON, Islamic, House, Air Force, JFK, Workers, White, Trump, Seals Locations: Vietnam, Maryland, Virginia, stow, U.S, Washington, Russia, Ukraine, JFK

☆ The 6 Kinds of Republican Voters
▼ + stars: | 2023-08-17 | by ( Nate Cohn | ) www.nytimes.com time to read: +15 min

But if the Republican Party is no longer in Reagan’s image, it’s not necessarily a populist-conservative MAGA monolith, either. But if the Republican Party isn’t quite a MAGA monolith, what is it? The groups were defined by how Republican-leaning voters felt on the issues — not how they felt about Mr. Trump. In fact, Mr. Trump leads Mr. DeSantis among every group of Republican voters identified in the analysis. They’re the smallest group of Republicans today, but this group of relatively moderate but anti-woke voters might play an important role in the Republican Party in the years ahead.

Persons: Donald J, Trump, Ronald Reagan’s, it’s, MAGA, Trump’s, Mr, They’re, ” They’re, it’s Mr, ”, —, Trump’s MAGA, don’t, Ron DeSantis, Susan Collins, Charlie Baker, Chris Sununu, Reagan, Bush, Biden, John Kasich, Marco Rubio, DeSantis, Rick Perry, Tim Scott, Rubio, John McCain, Mitt Romney, Romney, Liz Cheney, Roe, Wade, Ted Cruz, Newt Gingrich Trump, It’s, likeliest, Cruz, Rudy Giuliani, Paul LePage, Lou Barletta, Michael Grimm Trump, ” Reagan, Rand Paul, Jason Chaffetz, Dave Brat Trump, Vivek Ramaswamy, President Biden, they’re, “ Organizations: Right, Libertarian Conservatives, Moderate, Republican Party, New York Times, Siena College, Republican, Times, Mr, Conservatives, Fox, Trump, Blue, Trump Republican Party, Freedom Caucus, Fox News, Trump —, Republicans, Radicals, ” Reagan Democrats, Obama, Trump voters, President Locations: Ukraine, Siena, America, New York City, It’s

☆ 'We are being poisoned': Black residents living in Louisiana's 'Cancer Alley' say the state is guilty of 'genocide' and environmental racism
▼ + stars: | 2023-08-03 | by ( Trisha Gopal | ) www.businessinsider.com time to read: +13 min

Black residents living in the area have a disproportionate lifetime cancer risk. The complaint alleged that the Louisiana Department of Environmental Quality discriminated against Black residents by issuing permits that authorized new industrial facilities. Last year, the EPA announced a critical civil-rights investigation into Louisiana, looking into whether the state had violated the rights of Black residents in Cancer Alley. Smoke billows from a chemical plant in the area along 'Cancer Alley', October 12, 2013. "Once we came up with Cancer Alley, industry hated it, and they've been trying to prove that it's not a reality," he said.

Persons: Sharon Lavigne, James, Lavigne, " Lavigne, Andrew Lichtenstein, Michael Regan, Regan, Matthew, Giles Clarke, Deena Tumeh, Earthjustice, Darryl Malek, Wiley, they've, Kimberly Terrell, Terrell, I'm, James Parish, Pamela Spees, Spees, Malek, " Malek, I've Organizations: EPA, Service, Cancer, Getty, Civil, Inclusive, Brigade, Louisiana Department of Environmental, Center for Public Integrity, Environmental, Sierra Club, Atomic Workers Union, Tulane Environmental Law Clinic, Louisiana Tumor, Shell Oil Co, Cancer Alley, Formosa Plastics, Center for Constitutional Rights, Mount Triumph Baptist Church, Local Locations: Louisiana, St, James Parish, Baton Rouge and New Orleans, Inclusive Louisiana, Black, Cancer Alley, Baton Rouge, Cancer, Formosa

☆ These are the watch brands most popular with Silicon Valley's tech elite
▼ + stars: | 2023-07-29 | by ( Lakshmi Varanasi | Jordan Hart | ) www.businessinsider.com time to read: +2 min

Insider asked style experts about the most popular watch brands worn by technology titans. Since the pandemic, those in the know say people in the tech industry are fixating more on watches than ever before. Victoria Hitchcock, a fashion lifestylist and personal brander in Silicon Valley, told Insider by email. Unlike professionals in finance who have long seen the value of "a statement," those in tech industry have been characterized — and even mocked — for their fixation on utility and simplicity. With that in mind, here's a closer look at the watches trending in Silicon Valley right now:

Persons: Cartier, Victoria Hitchcock, —, Paul Altieri, Patek Philippe, Jeff Bezos, Bill Gates, here's Organizations: titans, Casio, Omega, Morning, Technology, Rolex Locations: Silicon Valley

☆ Can Men Wear Baseball Caps to the Office? Our Poll Results May Surprise You
▼ + stars: | 2023-07-19 | by ( Jamie Waters | Illustrations Paul Tuller | ) www.wsj.com time to read: 1 min

Office dress-codes have skewed more casual postpandemic, but opinions on what constitutes too casual vary greatly—including between generations. To determine which laid-back items the public deems acceptable deskside, we hit up global research company Ipsos. Between June 30 and July 2, it surveyed a nationally representative sample of 1,020 U.S. adults. And no, it’s not always a young vs. old face-off: Gen Zers can be stricter, and boomers less formal, than one might think. Here, the 411 on the most contentious items.

Persons: it’s

CNN —American track and field champion Tori Bowie died from complications of childbirth, according to an autopsy report released by the Orange County, Florida, medical examiner’s office. The three-time Olympic medalist was found deceased in bed on May 2, according to the report. Bowie’s manner of death was ruled natural, and the report stated that there had been “possible complications,” including “respiratory distress and eclampsia.”Tori Bowie won three medals at the 2016 Olympic Games in Rio. Bowie won three medals at the 2016 Olympic Games in Rio: gold in the 4x100m relay, silver in the 100 meters and bronze in the 200 meters. A native of Sandhill, Mississippi, Bowie was a three-time All-American at the University of Southern Mississippi.

Persons: Tori Bowie, ” Tori Bowie, Quinn Rooney, Bowie, Bowie’s Organizations: CNN, Centers for Disease Control, CDC, University of Southern Locations: Orange County , Florida, Rio, American Indian, Alaska, White, Sandhill , Mississippi, University of Southern Mississippi, Doha

☆ Here are analysts' favorite regional banking stocks as sector recovers from its crisis lows
▼ + stars: | 2023-06-11 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Investors could have reason to warm up to regional bank stocks. Over the past month, the regional bank fund has added nearly 17%. While the KRE is still well below its crisis-era lows from early May, some regional bank stocks seem to have swayed analysts that the worst is behind them. KRE 1M mountain The regional bank ETF over the past month. While the bank felt the pressure from the broader regional banking crisis, analysts aren't fleeing the stock.

Persons: aren't Organizations: Silicon Valley Bank, Regional Banking, CNBC, JPMorgan, FactSet, National, Western Alliance, WAL, Citizens Financial, Bancorp Locations: Republic

☆ 7 Decades Later, Arthur Miller’s ‘The Hook’ Comes Home to Brooklyn
▼ + stars: | 2023-06-09 | by ( Rose Adams | ) www.nytimes.com time to read: +1 min

On a barge in Red Hook, Brooklyn, dockworkers chant against their corrupt union boss. “We’re striking this ship!” yells the group’s leader. This is a scene from Brave New World Repertory Theater’s production of “The Hook,” the first American staging of an adapted Arthur Miller screenplay. The show, which opens at the Waterfront Museum on Friday, follows Marty, a longshoreman in 1950 who fights against the union corruption that controlled Red Hook’s waterfront. Now the show returns to the neighborhood in which it is set, staged aboard a docked ship straight from Panto’s time.

Persons: “, ”, Arthur Miller, Marty, Miller, Pete Panto, Claire Beckman Organizations: Waterfront Museum Locations: Red Hook , Brooklyn

☆ This former Vietnam War POW spent 10 months in a 'tiger cage'
▼ + stars: | 2023-05-29 | by ( Brad Lendon | ) edition.cnn.com time to read: +12 min

Instead he scrambled out of a porthole and found himself face-to-face with the North Vietnamese. A day that Wallingford recalled as clearly as if it were yesterday, as he recounted it to CNN at a recent reunion for surviving Vietnam War POWs in California. As a longtime veteran of combat in Vietnam, Smith also had battlefield wisdom to impart to his brothers in arms. But what can’t be disputed is that soon after those bombings took place, early in 1973, North Vietnam did finally agree to a peace deal. “He had the stones to go to Hanoi and bomb them for (12) days, which ended the war,” Wallingford said.

☆ Bank of America hikes year-end target for S&P 500, citing focus by companies on efficiency and A.I.
▼ + stars: | 2023-05-21 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

In a note to clients on Sunday, Bank of America strategist Savita Subramanian hiked her year-end price target for the S & P 500 to 4,300 from 4,000. The S & P 500 is already up more than 9% year-to-date. .SPX YTD line The S & P 500 has gained more than 9% in 2023. The new target puts Bank of America above the average in the CNBC Market Strategist Survey . The highest target among major Wall Street firms is still 4,575 from CFRA's Sam Stovall.

CNN —A younger Congress may be a thing of the past. Ten years after meeting the age requirement for the Senate, age 30, baby boomers landed four seats, with millennials unable to get a single one. Millennials overtook baby boomers as America’s largest generation in 2020, according to Pew Research. Millennials and Generation Z (11-26) are winning their very first House seats faster than the previous four generations, CNN’s analysis shows. In the Senate, however, it’s taken more than 10 years for both Generation X and millennials to join Congress.

☆ America’s New Drug Policy
▼ + stars: | 2023-05-04 | by ( German Lopez | ) www.nytimes.com time to read: +1 min

In fact, needle exchange programs can reduce overdoses and drug use over time, by acting as hubs that educate people on safe practices and connect them to addiction treatment. First, lawmakers grew desperate to reduce overdose deaths, which have climbed for decades and surpassed 100,000 annually for the first time in 2021. Second, the overdose crisis is now so widespread that many more people, including members of Congress, know someone hurt by it. “Every single member of the House and Senate has grieving constituents coming in, having buried kids or brothers or sisters or moms or dads,” Keith Humphreys, a Stanford University drug policy expert, said. Previous drug crises disproportionately hurt marginalized populations — such as Black people during the 1980s crack epidemic and poor white people during the 1990s-2000s meth epidemic.

☆ Cats once served as vital members of the US Navy. Old photos show these forgotten service felines.
▼ + stars: | 2023-05-02 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

As long as humans have been sailing the seas, cats have been by their side. A US Navy officer pets a boat cat. Ancient Egyptian tomb paintings dating back 5,000 years show cats hunting birds from a boat, Christenson told Insider. The Phoenicians and the Vikings, both master seafaring communities, later helped spread cats throughout Europe. British, French, and Spanish explorers in the late fifteenth century carried cats to the Americas upon the discovery of the "new world" during the age of exploration.

☆ Schroders' assets under management fall on year; small uptick from prior quarter
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

At the end of the first quarter, Schroders' assets under management rose 1.2% to 746.3 billion, although still 0.8% lower than the corresponding period a year ago, when the Russia-Ukraine conflict had just begun. Peer St. James's Place (SJP.L) said assets under management rose 3.5% by the end of March quarter, adding that it expected a more supportive environment for new business in 2023. Still, SJP's net inflows were down nearly 9% at 2 billion pounds during the first quarter, missing company-compiled analysts' expectations of 2.2 billion. Separately, Schroders named PricewaterhouseCoopers' current global market leader, Richard Oldfield, as its new CFO. Schroders shares were down 1.4%at 474.5 pence by 0750 GMT, compared to a largely flat benchmark index (.FTSE).

Managed money net position in Chicago wheat futures and optionsMost-active CBOT wheat futures had shed 2.5% in the period. They also reduced their net long in Minneapolis wheat to 245 futures and options contracts from 694 a week earlier. wheat rose 1.2% and CBOT wheat gained 1.3%. CBOT wheat has also displayed considerable weakness versus CBOT corn, as front-month wheat’s advantage to corn slipped below 15 cents per bushel Thursday, the lowest since July 2021 and below long-term averages. The record net long is 154,550 contracts set in April 2019, and it is very rare for funds to be short cattle.

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