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Feb 10 (Reuters) - U.S. diesel prices have dropped this month and could go lower, analysts said, an unexpected swoon that coincided with the start of a British and European Union ban on Russian fuel imports. Lower prices could ease inflation worries that have occupied investors. A relatively warm winter across the United States and Europe and lower commercial trucking activity lowered demand. “This week was supposed to be when diesel prices blew out to the moon, but that’s not close to what happened,” said Bob Yawger, director of energy futures at Mizuho. Diesel demand by truckers fell off at the end of this year as high inflation impacted U.S. demand for goods.

☆ Truckers Expect an Inventory-Driven Rebound Later This Year
▼ + stars: | 2023-02-01 | by ( Liz Young | ) www.wsj.com time to read: +4 min

Trucking companies are pinning hopes for a rebound in freight demand on the second half of this year, saying their retailer customers expect to resume restocking after winding down inventories over recent months. Carrier executives say they are hearing from their shipping customers that they expect to return to a more normal ordering cycle this year and start moving bigger volumes closer to the fall shopping season following volatile retail spending and distribution in 2022 that left them overstocked. Inbound volumes at U.S. ports are also down, suggesting fewer goods from overseas are flowing into domestic freight networks. “Trucking is definitely down right now,” said Tom Nightingale, CEO of AFS Logistics, a Shreveport, La.-based logistics operator. She said on a Jan. 18 earnings conference call that the company “has good signals” from shipping customers that they plan to pick up their ordering in the second quarter.

☆ Australia regulator to probe social media influencers for false endorsements
▼ + stars: | 2023-01-27 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Jan 27 (Reuters) - Australia's competition regulator said on Friday it would check whether influencers on social media platforms had failed to disclose their affiliation with the brands they were promoting. The Australian Competition and Consumer Commission (ACCC) said it would look at more than 100 influencers after several consumers informed the regulator about some endorsements and testimonials which they said were misleading. The probe will target influencers in fashion, cosmetics, food and beverage, travel, fitness, parenting, gaming and technology. It will also check if advertisers, marketers, brands and social media platforms are facilitating any misconduct. The ACCC has been conducting a series of investigations as part of a broader Digital Platform Services Inquiry, focused on the provision of social media services, including sponsored posts and influencer advertising on social media platforms.

In Nebraska, the 2022 borrowing limit for FHA mortgages is $420,680 in all but three counties. Conforming mortgages and FHA mortgages both have borrowing limits. Nebraska borrowing limits in 2023 for conforming and FHA mortgages by countyCounty Conforming mortgage limit (single-family home) FHA mortgage limit (single-family home) Adams County $726,200 $472,030 Antelope County $726,200 $472,030 Arthur County $726,200 $472,030 Banner County $726,200 $472,030 Blaine County $726,200 $472,030 Boone County $726,200 $472,030 Box Butte County $726,200 $472,030 Boyd County $726,200 $472,030 Brown County $726,200 $472,030 Buffalo County $726,200 $472,030 Burt County $726,200 $472,030 Butler County $726,200 $472,030 Cass County $726,200 $472,030 Cedar County $726,200 $472,030 Chase County $726,200 $472,030 Cherry County $726,200 $472,030 Cheyenne County $726,200 $472,030 Clay County $726,200 $472,030 Colfax County $726,200 $472,030 Cuming County $726,200 $472,030 Custer County $726,200 $472,030 Dakota County $726,200 $472,030 Dawes County $726,200 $472,030 Dawson County $726,200 $472,030 Deuel County $726,200 $472,030 Dixon County $726,200 $472,030 Dodge County $726,200 $472,030 Douglas County $726,200 $472,030 Dundy county $726,200 $472,030 Fillmore County $726,200 $472,030 Franklin County $726,200 $472,030 Frontier County $726,200 $472,030 Furnas County $726,200 $472,030 Gage County $726,200 $472,030 Garden County $726,200 $472,030 Garfield County $726,200 $472,030 Gosper County $726,200 $472,030 Grant County $726,200 $472,030 Greeley County $726,200 $472,030 Hall County $726,200 $472,030 Hamilton County $726,200 $472,030 Harlan County $726,200 $472,030 Hayes County $726,200 $472,030 Hitchcock County $726,200 $472,030 Holt County $726,200 $472,030 Hooker County $726,200 $472,030 Howard County $726,200 $472,030 Jefferson County $726,200 $472,030 Johnson County $726,200 $472,030 Kearney County $726,200 $472,030 Keith County $726,200 $472,030 Keye Paha County $726,200 $472,030 Kimball County $726,200 $472,030 Knox County $726,200 $472,030 Lancaster County $726,200 $472,030 Lincoln County $726,200 $472,030 Logan County $726,200 $472,030 Loup County $726,200 $472,030 McPherson County $726,200 $472,030 Madison County $726,200 $472,030 Merrick County $726,200 $472,030 Morrill County $726,200 $472,030 Nance County $726,200 $472,030 Nemaha County $726,200 $472,030 Nuckolls County $726,200 $472,030 Otoe County $726,200 $472,030 Pawnee County $726,200 $472,030 Perkins County $726,200 $472,030 Phelps County $726,200 $472,030 Pierce County $726,200 $472,030 Platte County $726,200 $472,030 Polk County $726,200 $472,030 Red Willow County $726,200 $472,030 Richardson County $726,200 $472,030 Rock County $726,200 $472,030 Saline County $726,200 $472,030 Sarpy County $726,200 $472,030 Saunders County $726,200 $472,030 Scotts Bluff County $726,200 $472,030 Seward County $726,200 $472,030 Sheridan County $726,200 $472,030 Sherman County $726,200 $472,030 Sioux County $726,200 $472,030 Stanton County $726,200 $472,030 Thayer County $726,200 $472,030 Thomas County $726,200 $472,030 Thurston County $726,200 $472,030 Valley County $726,200 $472,030 Washington County $726,200 $472,030 Wayne County $726,200 $472,030 Webster County $726,200 $472,030 Wheeler County $726,200 $472,030 York County $726,200 $472,030Note: You'll need to get a jumbo loan if you want to borrow more than $726,200, regardless of which county you hope to reside in. Depending on the lender and term length, you might be able to lock in a lower rate for a conforming mortgage. If you plan to buy a more expensive home in Nebraska, jumbo loans let you borrow more money than the conforming mortgage limit.

☆ CIOs Nominate Their Favorite Reads of 2022
▼ + stars: | 2022-12-28 | by ( Tom Loftus | ) www.wsj.com time to read: +9 min

Chief information officers, ever alert to any development in a field that only hurtles forward, largely reflected that alacrity in their choice of reading during 2022. PREVIEWChris Bedi, chief digital information officer, ServiceNow Inc. Photo: IBM Corp.Ron Guerrier, chief information officer, HP Inc. Photo: Cisco Systems Inc.Fletcher Previn, chief information officer, Cisco Systems Inc. Photo: Home Depot Inc.Fahim Siddiqui, chief information officer, Home Depot Inc.

☆ Cassidy Hutchinson knew she was going to be 'nuked' for turning on Trump. She did it anyway.
▼ + stars: | 2022-12-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +8 min

“I was scared,” she told committee investigators last September in sworn testimony. “I almost felt like at points Donald Trump was looking over my shoulder.”“I was scared. “I want to make this clear to you: Stefan never told me to lie," she told the committee. Her Trumpworld lawyer, Passantino, was not happy, she said, and began frantically calling his colleagues to do damage control. “I’m about to be f------ nuked,” she said she told a committee staffer as she left that third meeting.

The UK government has promised to overhaul the youth gender care system, after it was deemed inadequate by England’s regulator of health and social care. They described a deeply flawed system that is now hobbled by a toxic political climate around gender care. The letter said a decision would be made at some point from early 2022 on whether the child “is likely to meet the access criteria” for gender care. The family has received no NHS gender care or mental health support since the referral, she said. These recommended supporting “identity exploration” and mental health treatment as the first steps to ensure that any psychological issues are addressed.

☆ Freight Brokerage RXO Will Focus on Tech Investments, CFO Says
▼ + stars: | 2022-12-13 | by ( Kristin Broughton | ) www.wsj.com time to read: +4 min

RXO, which before the transaction accounted for roughly a third of XPO’s total revenue, matches freight loads with available trucks on the spot and contract markets. A priority for Mr. Harris, who was appointed to the CFO post in September ahead of the spinoff, is investing in digital capabilities for shippers and carriers. Approximately two-thirds of the company’s total capital budget will go toward technology, with the remainder focused on maintenance-related costs, Mr. Harris said. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. Among the advantages of being an independent company is RXO now has more control over its capital budget, Mr. Harris said.

☆ Australia fines Uber $14 mln for misleading on fares and cancellation fees
▼ + stars: | 2022-12-07 | by ( Byron Kaye | ) www.reuters.com time to read: +2 min

SYDNEY, Dec 7 (Reuters) - An Australian court fined Uber Technologies Inc (UBER.N) A$21 million ($14 million) on Wednesday for threatening cancellation fees it never charged and overstating fare estimates on some rides. The evidence supplied suggested less than 0.5% of Uber customers had gone ahead with a trip due to concern about cancellation fees. The UberTaxi algorithm overshot the fare estimate 89% of the time, but less than 1% of total Uber rides used that service, the judge said. The judge had made clear that the lower penalty "should not be understood as any reduction in the court's resolve to impose penalties appropriate to ... deterring contraventions of the Australian Consumer Law", Cass-Gottlieb added. ($1 = 1.4945 Australian dollars)Reporting by Byron Kaye; Editing by Bradley Perrett, Robert BirselOur Standards: The Thomson Reuters Trust Principles.

☆ Republicans' push to kill abortion rights has Democratic women in Pennsylvania rushing to knock on doors and drive people to the polls ahead of the midterm elections
▼ + stars: | 2022-11-03 | by ( Warren Rojas | ) www.businessinsider.com time to read: +7 min

The Supreme Court's reversal of Roe v. Wade this summer pushed Pennsylvania women to action. Fetterman, have worked to keep abortion rights in the conversation. "The future of abortion rights and women's freedom is on the line in this race," Fetterman wrote in a letter he posted online on October 30. Canvasser Toth said she's encountered supporters across generations, billing women and men in their 20s as "very engaged" on abortion rights. Toth told Insider, adding that the 27-year-old woman said, "It's hard to think about any other issue until this one is addressed."

The hottest blonde ever.” This was the infamous script description given for Margot Robbie’s character in The Wolf of Wall Street (2013), directed by Martin Scorsese. Widely credited as Robbie’s breakthrough, the role instantly helped establish her as one of the biggest movie stars. Yet Robbie—Australian born and then still relatively new to Hollywood—says that she had little interest in further riffing on the blonde-bombshell theme: “I was going to have to show people that I could do something different. I didn’t want to get pigeonholed.” Accordingly, her next roles gave the middle finger to the hot-blonde paradigm.

☆ Fitbit sued in Australia for misleading consumers on faulty devices
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +1 min

Oct 24 (Reuters) - Australia's competition regulator has begun court proceedings against Fitbit LLC for allegedly making false or misleading claims to consumers about their guarantee rights on faulty devices, it said on Monday. "All consumers have... automatic consumer guarantee rights that cannot be excluded, restricted or modified. The consumer guarantee rights exist in addition to any warranties offered by manufacturers," said ACCC Chair Gina Cass-Gottlieb. Additionally, Fitbit told consumers that once they received a replacement device for an originally faulty product, they were not entitled to a second replacement if Fitbit's two-year 'limited warranty period' for the original device had expired, ACCC alleged. The ACCC, which is seeking penalties and injunctions, said their case includes 58 examples of consumers who were allegedly misled by Fitbit when they complained about faulty devices.

Speaker of the House Nancy Pelosi, House Majority Leader Steny Hoyer, and Senate Majority Leader Charles Schumer at the Capitol in Washington, D.C. on Jan. 6, 2021. “Thank you very much, Mr. vice president,” Pelosi says on the call. “Good news.”Trump privately knew he had lostPublicly, Trump insisted he was being robbed of an election he won. The president told chief of staff Mark Meadows “something to the effect of, 'I don’t want people to know we lost, Mark. “Claims that President Trump actually thought the election was stolen are not supported by fact and not a defense,” Cheney said.

☆ Two Australian regulators open investigations into Optus after data breach
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Oct 11 (Reuters) - Two Australian regulators said on Tuesday they have opened investigations into Optus, the country's No. 2 telecoms provider, after a breach of its systems resulted in the theft of personal data from up to 10 million accounts. The agency added that it finds there was a breach of Australian privacy law, it can seek civil penalties of up to A$2.2 million ($1.4 million) per contravention. Australian Competition and Consumer Commission Chair Gina Cass-Gottlieb told a parliamentary hearing the regulator was receiving 600 calls a day from people concerned about the Optus breach, although few had been scammed as a result. ($1 = 1.5881 Australian dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Byron Kaye; Editing by Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

☆ DA: Titarchuk and Cass on Emerging Markets
▼ + stars: | 2022-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDA: Titarchuk and Cass on Emerging MarketsNYS Common Retirement Fund CIO, Anastasia Titarchuk and Canada Pension Plan CIO, Edwin Cass, on investing in China

☆ Investors 'can't ignore China' even with rising geopolitical risk, pension fund managers say
▼ + stars: | 2022-09-28 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

That war has in turn raised concerns about China's tense relationship with Taiwan, and what impact sanctions on China could have on global markets. I think you cannot ignore China." "Corporations cannot ignore China, investors cannot ignore China, because if you want to ignore China, you also are going to ignore all the partners that China has." "China right now is 20% of global GDP, probably going to 25% of global GDP by 2035. And as Anastasia mentions, you can't ignore China if you're trying to understand global growth and you're trying to understand global markets," Cass said.

CommoditiesIndia banned exports of broken rice and levied a tax on other key varieties in a move that would add to global inflationary pressure and exacerbate food supply pains caused by the war in Ukraine.

The North Dakota Housing Finance Agency offers assistance programs to both first-time and repeat homebuyers. In North Dakota, you may qualify for aid through the North Dakota Housing Finance Agency (NDHFA). North Dakota first-time homebuyer loansTo qualify for a home loan through the NDHFA, you must contribute at least $500 upfront. NDHFA North Dakota Roots programThe North Dakota Roots mortgage is for both first-time and repeat homebuyers. When asking about options, ask your lender if assistance can be combined with any North Dakota state programs.

☆ 'Cases up the wazoo for years to come': Legal insiders brace for a world where Trump loses and the ex-president faces down a slew of reinvigorated court fights
▼ + stars: | 2020-11-02 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +16 min

The Trump campaign did not respond to Insider's questions about the possible legal challenges ahead for the president and his team. Justice Department investigation 'plausible'Could Trump's own Justice Department, at this moment, be criminally investigating the Trump reelection campaign? And that means officials there would "likely be avoiding public investigative steps" even if they were examining Trump campaign activity, Petalas said. Separately, Insider in mid-July reported that the Trump campaign was conducting an internal review of campaign spending irregularities overseen by Parscale. "If I was President Trump, that's what I would be worried about."

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