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☆ French police arrest yoga guru in connection with alleged rape, human trafficking and kidnapping scheme
▼ + stars: | 2023-12-03 | by ( Sophie Tanno | Maya Szaniecki | ) edition.cnn.com time to read: +5 min

Paris CNN —French police this week arrested yoga guru Gregorian Bivolaru and 41 others on accusations of kidnap, rape and human trafficking. Alleged victims were drawn in with promises of a spiritual awakening, only to be indoctrinated and mentally manipulated into sexual relations with 71-year-old Bivolaru, a judicial source said. Then, the alleged victims said they would be mentally manipulated into accepting “sexual relations designed to suppress any notion of consent regarding sexual relations,” the judicial source said. The judicial source said the alleged victims were told that consent was a reflection of the ego preventing them from reaching a state of spiritual awakening. Twenty-six alleged victims were found living in cramped and unhygienic conditions, the judicial source said.

Persons: Gregorian, Bivolaru –, Bivolaru, MISA, ”, –, “, ’, ” MISA, Interpol’s ‘, Maya Szaniecki, Sophie Tanno Organizations: Paris CNN —, Interpol, for, International Federation of Yoga, CNN, Atman Federation, MISA Yoga, AFP, Rights League –, Central Office, OCRVP, Bivolaru Locations: Paris, France, Romania, French, Europe, North America, South America, Asia, Finland, London

Maybe I won’t set up that factory. These companies — the small, private enterprises that are responsible for roughly half the private-sector employment in the country — are already having to pay much more for debt. They fund their operations using cash from sales, business credit cards and private loans — all of which are generally more expensive options for financing payrolls and operations. Now, they’re paying 10 percent interest on short-term loans. Hiring within these firms has slowed, and their credit card balances are higher than they were before the pandemic, even as spending has slowed.

Persons: Ms, Sheth Organizations: National Federation of Independent Business, Bank of America Locations: ”

Back in June 2022, big banks approved 15.4% of small business loan applications. All those factors have added up to a grim environment if you’re a small business seeking a loan. Without two years of tax returns, however, she didn’t qualify for many small business loans. Online lenders were quick to offer their services, but the terms were too strict, requiring weekly repayments or interest rates up to 40%. “For a small business that is not only intimidating, it’s almost impossible," she said.

Persons: Banks, Cheyenne Smith, Smith, ”, Shantell Chambliss, Chambliss, “, she’s, Nate Hodge, He’s, Hodge, “ It’s, ” Jen Rose, Rose Organizations: Federal Reserve, National Federation of Independent Business, Bee, Comerica Bank, Comerica Locations: Salt Lake City , Utah, Dakota, Richmond , Va, Capital, Dallas , Texas

GENEVA (AP) — International aid groups say they are ready to deliver thousands of truckloads of food, water and other supplies to besieged Gaza if a temporary cease-fire in the Israel-Hamas war takes hold as hoped on Thursday. Della Longa lamented bottlenecks he said have confounded the delivery of already insuffient aid into Gaza. The only route for international humanitarian aid into Gaza since the start of the war has been through the Rafah crossing between Egypt and Gaza. Some aid groups say they wouldn’t be able to get enough fuel into Gaza over the four days to distribute aid to the hard-to-reach north. “And very ineffective Band-Aids.”Uncertainty is also looming over possible arrangements for contacting Israeli hostages in Gaza.

Persons: ”, Tommaso Della Longa, Israel, Della Longa, Joel Weiler, “, doesn’t, Jan Egeland, Shani Sasson of COGAT, “ It’s, Jason Lee, Mirjana Spoljaric, ’, Ismail Haniyeh, ___ DeBre, Melanie Lidman, Jon Gambrell Organizations: GENEVA, —, Aid, International Federation of Red, Red Crescent Societies, Norwegian Refugee Council, Red Crescent, International Committee, Red Cross, ICRC, Monday, Associated Press Locations: Gaza, Israel, Egypt, Egyptian, El, Arish, Paris, Rafah, Nitzana, Della, Red, “, Palestinian, Geneva, Qatar's, Qatar, United States, Jerusalem, Tel Aviv, Dubai, United Arab Emirates

HARARE, Zimbabwe (AP) — These days, Catherine Mangosho locks her 3-year-old grandson in the house for hours on end in an attempt to shield him from a deadly cholera outbreak in Zimbabwe. The virulent bacterial disease is killing the young and the old in the southern African country, with health authorities reporting more than 150 suspected deaths and over 8,000 suspected cases since February. Since the start of the latest outbreak, Zimbabwe's Health Ministry has recorded 8,087 suspected cholera cases and 1,241 laboratory confirmed cases. It said there have been 152 suspected cholera deaths and 51 laboratory confirmed deaths. The World Health Organization has said that cholera cases in Africa are rising exponentially amid a global surge.

Persons: Catherine Mangosho, Cholera, ”, “, Douglas Mombeshora, Nyachuru Organizations: Health, International Federation of Red, Red Crescent Societies, World Health, WHO, Red Cross Federation, Community Water Alliance, AP Locations: HARARE, Zimbabwe, Harare, Africa, Kuwadzana, Glen View, Zimbabwe's, africa

☆ Italy's Spalletti asked federation before including Zaniolo in Euro squad
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +3 min

Spalletti told a press conference on Monday: "He (Zaniolo) had nothing to do with that situation (betting on football). "Before calling Zaniolo I spoke to the President (Gabriele Gravina) and the federation and there was nothing against this." Italy can book a place at next year's Euros if they beat visiting North Macedonia and avoid defeat away to Ukraine. Last month Zaniolo's Premier League club issued a statement saying: "Aston Villa can confirm Nicolo Zaniolo is assisting the Italian Football Federation (FIGC) and the relevant authorities' investigation into alleged illegal betting activity." Fagioli has made one appearance for Italy but was not in the squad for the previous round of international games.

Persons: Nicolo Zaniolo, Claudia Greco, Luciano Spalletti, Spalletti, Zaniolo, Gabriele Gravina, Sandro Tonali, Tonali, Nicolo Fagioli, Fagioli, LOCATELLI, Manuel Locatelli, Udogie, he's, Angelica Medina, Ken Ferris Organizations: Soccer Football, Italian Football Federation, Aston Villa, North, Malta, Premier League, Villa, Juventus, Tottenham Hotspur, Chelsea, Spurs, Wolverhampton Wanderers, Thomson Locations: Italy, Ukraine, San Siro, Milan, North Macedonia, England, Turin, Newcastle, Germany, Mexico City

[1/6] A satellite image shows Al-Shifa hospital, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Gaza November 7, 2023. Israel says it is homing in on Palestinian Hamas militants who launched deadly attacks in southern Israel on Oct. 7, and says the group has command centers under and near the hospitals. "Tragically, the number of patient fatalities has increased significantly," he said in a post on X, formerly known as Twitter, adding that Shifa was "not functioning as a hospital anymore." The Israeli military response has also prompted anger, with hundreds of thousands protesting in capitals around the world demanding a ceasefire. "Al Quds hospital has been cut off from the world in the last six to seven days.

Persons: Tedros Adhanom Ghebreyesus, Tedros, Israel, Josep Borrell, Jake Sullivan, we've, Sullivan, Biden, Joe Biden, Emir Sheikh Tamim bin Hamad Al, Ashraf Al, Shifa, Ahmed El Mokhallalati, Crescent, Tommaso Della Longa, Nidal al, Dan Williams, Adam Makary, Ahmed Tolba, Sabine Siebold, Andrea Shalal, Simon Lewis, Diane Craft Organizations: Hamas, Maxar Technologies, REUTERS Acquire, World Health Organization, WHO, United Nations, European Union, Union, White, National, Israeli Defense Forces, CBS News, United, Reuters, Gaza's Health Ministry, Health Ministry, Palestinian, International Federation of Red, Red Crescent Societies, Thomson Locations: Israel, Palestinian, Gaza, GAZA, JERUSALEM, Shifa, United States, Washington, U.S, Emir Sheikh Tamim bin Hamad Al Thani, Lebanon, Iran, Iraq, Syria, Al, Quds, Al Quds, Jerusalem

☆ Largest Gaza Hospital 'Not Functioning' Amid Israeli Assault
▼ + stars: | 2023-11-12 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +6 min

By Nidal al-Mughrabi and Dan WilliamsGAZA/JERUSALEM (Reuters) - The largest hospital in Gaza has ceased to function and fatalities among patients are rising, the head of the World Health Organization (WHO) said on Sunday, as a blistering Israeli assault continues in the Hamas-controlled strip. "Tragically, the number of patient fatalities has increased significantly," he said in a post on X, formerly known as Twitter, adding that Shifa was "not functioning as a hospital anymore." The European Union condemned Hamas for using "hospitals and civilians as human shields" in Gaza, while also urging Israel to show "maximum restraint" to protect civilians. The Israeli military response has also prompted anger, with hundreds of thousands protesting in capitals around the world demanding a ceasefire. "Al Quds hospital has been cut off from the world in the last six to seven days.

Persons: Nidal, Dan Williams, Tedros Adhanom Ghebreyesus, Tedros, Israel, Josep Borrell, Jake Sullivan, we've, Sullivan, Biden, Joe Biden, Emir Sheikh Tamim bin Hamad Al, Ashraf Al, Shifa, Ahmed El Mokhallalati, Crescent, Tommaso Della Longa, Nidal al, Adam Makary, Ahmed Tolba, Sabine Siebold, Andrea Shalal, Simon Lewis, Diane Craft Organizations: World Health Organization, WHO, United Nations, European Union, Union, White, National, Israeli Defense Forces, CBS News, United, Reuters, Gaza's Health Ministry, Health Ministry, Palestinian, International Federation of Red, Red Crescent Societies Locations: Dan Williams GAZA, JERUSALEM, Gaza, Shifa, Israel, United States, Washington, U.S, Emir Sheikh Tamim bin Hamad Al Thani, Lebanon, Iran, Iraq, Syria, Al, Quds, Al Quds, Jerusalem

☆ The Fed is terrified Americans could get used to high inflation. It may already be happening.
▼ + stars: | 2023-11-12 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

Fed officials don’t expect inflation to reach 2% until 2026, according to their latest economic projections released in September. If there’s one thing that would make the Fed quake in its boots, it would be worsening inflation expectations. The keyword there is “timely.”Sticky inflation could possibly “un-anchor” inflation expectations or elicit a consistent deterioration in Americans’ perception on inflation. “The Fed really just wants people to not expect inflation will run at 4% forever.”So what’s kept inflation expectations in check this long? For individuals and married people filing separately, the new federal standard deduction will increase to $14,600, up from $13,850 this year.

Persons: we’ve, Raphael Bostic, “, ” Luke Tilley, ”, Jerome Powell, presser, Powell, Michelle Bowman, Tilley, ” Drew Matus, what’s, Matus, “ They’re, Jeanne Sahadi, Lisa Cook, Phillip Jefferson, Michael Barr, Loretta Mester, Austan Goolsbee, John Williams, Christopher Waller, Mary Daly Organizations: DC CNN, Federal Reserve, Fed, University of Michigan’s, Atlanta Fed, Bloomberg, Investment Advisors, CNN, ”, New York Bankers Association, New York Fed, MetLife Investment Management, IRS, Tyson Foods, Depot, US Labor Department, National Federation of Independent Business, China’s National Bureau of Statistics, Target, National Statistics, US Commerce Department, Walmart, National Association of Home Builders, San Francisco Fed Locations: Washington, Wilmington, Palm Beach , Florida

☆ 'The damage has already been done': A 31-year market vet shares 3 pieces of evidence that the labor market is about to collapse, sending the economy into recession and the stock market spiraling
▼ + stars: | 2023-11-11 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

The US economy added just 150,000 jobs, under the expected 180,000, and the unemployment rate rose to 3.9%, now 0.5% higher than its low earlier this year. Federal Reserve Bank of St. Louis/Bullandbearprofits.comSecond, the inverted yield curve is starting to steepen. An inverted yield curve has been an extremely reliable recession indicator over the last several decades. Bullandbearprofits.com"Proven leading indicators show that the unemployment rate is likely to start rising materially soon. Piper SandlerIn addition to the yield curve and employment indicators above, other recession indicators continue to point to a downturn ahead.

Persons: Jon Wolfenbarger, Merril Lynch, Wolfenbarger, Louis, bode, Piper Sandler's Michael Kantrowitz, Piper Sandler, Societe Generale's Albert Edwards, Edwards Organizations: JPMorgan, Federal Reserve Bank of St, National Federation of Independent, Fed, Bank of America, Societe Generale's, Generale, Edwards . Societe Generale Locations: lockstep, Edwards .

☆ Chiefs QB Mahomes says he 'definitely' wants to play flag football at 2028 Games
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +1 min

LOS ANGELES, Nov 3 (Reuters) - Kansas City quarterback Patrick Mahomes said he is eager to suit up for Team USA when flag football makes its Olympic debut at the 2028 Games in Los Angeles. "I definitely want to but I've seen some of those guys play the flag football and they are a little faster than I am," Mahomes told reporters on Friday in Munich, where the Chiefs are set to play the Miami Dolphins on Sunday. Flag football looks similar to tackle football, with passing and receiving, but requires little protective equipment, with play stopping when a defender pulls a cloth flag from the waist of an opponent. With the backing of the NFL it was among five sports added to the program for the 2028 Games alongside cricket, lacrosse, squash and baseball-softball. Flag football's governing body, the International Federation of American Football, has the final say over who makes the cut to play for their country.

Persons: Patrick Mahomes, Mahomes, Andy, Reid, Brett, Veach, Rory Carroll, Jamie Freed Organizations: ANGELES, Kansas City, Team USA, Chiefs, Miami Dolphins, NFL, NFL Players Association, Games, International Federation of American Football, Thomson Locations: Los Angeles, Munich, LA

Israel is blockading Gaza and refuses to allow in fuel, saying it could be used by the Hamas militant group for their military goals. The U.S. was "working on a mechanism that can get fuel to where it's needed" in Gaza, he said. Medical authorities in Hamas-run Gaza said on Tuesday that 8,525 people including 3,542 minors had been killed. Distribution is particularly hard in northern Gaza, the main focus of Israel's military operation, aid officials say, and some have halted all deliveries. World Health Organization (WHO) spokesperson Christian Lindmeier said on Tuesday it had sent no further aid to northern Gaza hospitals since Oct. 24, citing a lack of security guarantees.

Persons: Antonio Guterres, Gazans, Juliette Touma, Jonathan Crickx, Antony Blinken, Washington, Blinken, Christian Lindmeier, Rick Brennan, David Satterfield, UNRWA's Touma, Gabrielle Tetrault, Farber, Michelle Nichols, Humeyra Pamuk, Simon Lewis, Nidal, William Maclean, Gareth Jones Organizations: UNRWA, International Federation of Red, Red Crescent Societies, UNICEF Palestine, UNICEF, Palestinian, Palestine Red Crescent Society, Handout, REUTERS, White House, Health Organization, WHO, Reuters, Thomson Locations: Gaza, U.N, Palestinian, Rafah, Egypt, Israel, Ukraine, The U.S, Palestine, Deir al, Cairo , U.S

☆ A renowned market bear who called the dot-com bubble shares 3 warning signs that the economy is crumbling despite upbeat data, putting stocks at risk of further downside
▼ + stars: | 2023-10-28 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

The S&P 500 is up 7.6% year-to-date. Only about 40% of analyst ratings changes for S&P 500 companies are upgrades. While the S&P 500 is up over 7% this year, Edwards cited it as another data point covering up the economy's true health. Their outsized contribution to the index's performance is evidenced by the returns of the S&P 500 equal-weighted index, Edwards said, which is down by 5% this year. In the equal-weighted index, each individual S&P 500 constituent's performance impacts the overall index's performance the same.

Persons: Albert Edwards, " Edwards, Edwards, Freddie Kruger, —, Russell Organizations: Generale Chief Global, Societe Generale They're, Societe Generale, National Federation for Independent, Institute, Supply, Apple, Microsoft, Nvidia, Tesla, RBC Capital Markets

☆ Inflation is cooling, but the price hikes aren’t done
▼ + stars: | 2023-10-25 | by ( Lucy Bayly | Alicia Wallace | ) edition.cnn.com time to read: +8 min

Inflation in the United States has unquestionably cooled after hitting 40-year highs last year. Other key inflation gauges, the more comprehensive Personal Consumption Expenditures price index and the wholesale-focused Producer Price Index, have moderated as well. A spike in gas prices and other components such as persistently high shelter costs have kept inflation elevated. The locally owned Walnut Group restaurant company closed its venerable Mediterranean Restaurant (fondly called The Med), the French bistro Brasserie Ten Ten and the newer Italian entrant Via Perla. Courtesy Tim Romano PhotographyAlthough Brasserie Ten Ten had a nearly two-decade run before its closure, it was like starting a brand new restaurant, Hessel said.

Persons: Marlon Pando, White Lotus, Tony Hessel, he’s, Jerome Powell, Brandon Bell, —, ”, Lydia Boussour, United States —, Pando, “, Price, Frederic J . Brown, Mark Zandi, Chase Castor, hadn’t, Holly Wade, Peggy Romano, Romano, Brasserie, Tim Romano, Hessel, ” Hessel, you’ve, it’s Organizations: Minneapolis CNN —, Disney, Mexican Grill, White, Getty, Moody’s, National Federation of Independent, Washington Post, NFIB Research, shocker, Walnut Group, Via Perla Locations: Minneapolis, New Jersey, Boulder , Colorado, United States, Mexican, Austin , Texas, Alhambra , California, AFP, Marion , Kansas, —, Walnut

After 525 basis points of interest rate hikes, financial conditions are now the tightest in a year, and biting. JPMorgan strategists estimate that the impact on GDP from tightening financial conditions takes anywhere from one to two years to be felt. Reuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsThe renewed weakness of U.S. regional bank shares is one of them. Reuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsBNP Paribas analysts reckon the impact on GDP growth from tighter financial conditions recently equates to a 40 basis point rate hike. Around a third of the bank's financial conditions index rise since April is from higher bond yields.

Persons: Brendan McDermid, Goldman Sachs, Torsten Slok, Morgan Stanley, Jerome Powell, Jamie McGeever, Andrea Ricci Organizations: New York Stock Exchange, REUTERS, Rights, Fed, Treasury, Wall, JPMorgan, National Federation of Independent, Reuters, Thomson Locations: New York City, U.S, Rights ORLANDO , Florida, October's

☆ The climate crisis has a price — and it's $391 million a day
▼ + stars: | 2023-10-24 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

Al Zulkifli | AFP | Getty ImagesDamage from the global climate crisis has amounted to $391 million per day over the past two decades, a report showed. "We find that US$143 billion per year of the costs of extreme events is attributable to climatic change. The research, however, notes that there is an underestimation of the true costs of climate change due to the difficulty of measuring indirect losses. They called for an increase in adaptation policies to minimize these climate-change attributed costs, such as the building of flood protection or improving early warning signal systems heralding extreme weather events. "The planet is far off track from meeting its climate goals," the WMO said in a September report, adding that rising global temperatures have been accompanied by more extreme weather.

Persons: Al Zulkifli, —, Nargis, Fedja Grulovic, Spyros Bakalis, Yuki Iwamura Organizations: AFP, Getty, Nature Communications, International Federation of Red, Red Crescent Societies, Reuters, U.S . Federal Emergency Management Agency, World Meteorological Organization, WMO, Afp Locations: Ogan Ilir, South Sumatra, Indonesia, Myanmar, Europe, Russia, Somalia, Prevalje, Slovenia, Pournari, Magoula, Athens, Maui, Lahaina , Hawaii

☆ Oscar winner Yeoh joins IOC along with seven new members
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

Michelle Yeoh poses. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsMUMBAI, Oct 17 (Reuters) - Michelle Yeoh, the first Asian actress to win an Oscar, joined the International Olympic Committee (IOC) on Tuesday after being voted in as a member at a ceremony in Mumbai. She was one of eight new proposed members to join the Olympic body at its session in the Indian financial capital. A former Malaysian junior squash champion, Yeoh won the Oscar for best lead actress earlier this year for her role in the film, "Everything Everywhere All at Once". Mehrez Boussayene, President of the Tunisian Olympic Committee, also joined.

Persons: Michelle Yeoh, Sarah Meyssonnier, Oscar, Yeoh, Pierce Brosnan, Jean Todt, Yael Arad, Israel's, Balasz Furjes, Cecilia Roxana Tait Villacorta, Michael Mronz, Furjes, Sweden's Petra Soerling, South Korean Kim Jae, Mehrez Boussayene, Karolos Grohmann, Peter Rutherford Organizations: Cannes, Rights, International Olympic Committee, Hollywood, United Nations Goodwill, FIA, IOC, Tennis Federation, South, International Skating Union, Tunisian Olympic Committee, Thomson Locations: Cannes, France, Rights MUMBAI, Mumbai, Malaysian, Chinese, Hungarian, Olympic, Peru, Hungary, Germany, South Korean

☆ 2026 Milano-Cortina sliding events to be held outside Italy: organisers
▼ + stars: | 2023-10-16 | by ( Sudipto Ganguly | ) www.reuters.com time to read: +3 min

The sliding centre hosts the bobsleigh, luge and skeleton competitions during the Games and Italy's plan to reconstruct a sliding centre where an old, defunct venue existed had hit obstacles from the very start of preparations. To not go ahead with a sliding centre and move the sliding competition to an already existing and working venue. "It's the Olympic Games, so there's a lot of implications. It's not just renting a sliding centre and go and take the competition. Hong Kong, which returned to China in 1997 but still has its own separate National Olympic Committee, hosted the equestrian events of the 2008 Beijing Olympics.

Persons: Giovanni Malago, Denis Balibouse, Malago, it's, Andrea Varnier, It's, Sudipto Ganguly, Karolos, Karolos Grohmann, Peter Rutherford Organizations: National Olympic Committee, Milano, Cortina, Games, REUTERS, Rights, International Olympic Committee, Olympic Games, Olympic Committee, IOC, Thomson Locations: Lausanne, Switzerland, Rights MUMBAI, Italy, Austria, Germany, France, Stockholm, Melbourne, Australia, Hong Kong, China, Beijing

☆ A temporary pay bump for federal firefighters is slated to end in November, raising fears that up to 50% of the workforce could quit as the country faces more extreme wildfires
▼ + stars: | 2023-10-14 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Federal wildland firefighters could see sizable pay cuts if Congress doesn't step in soon. Per the US Department of Agriculture, the entry-level salary for a federal wildland firefighter is roughly $34,000, absent the temporary pay increase. But the legislative fix was only temporary, and Biden pushed for the permanent pay when he submitted his administration's 2024 budget earlier this year. AdvertisementAdvertisementDemocratic Rep. Joe Neguse of Colorado has been one of the most prominent supports of the increased firefighter pay on Capitol Hill. AdvertisementAdvertisementNeguse has introduced legislation that would permanently boost federal firefighter pay, but it has so far not advanced in the House.

Persons: Joe Biden, Biden, Joe Neguse, Kevin McCarthy of, I'm Organizations: Service, The Times, US Department of Agriculture, Capitol, National Federation of Federal Employees, Times Locations: Colorado, Kevin McCarthy of California, Interior West

☆ LIV Golf loses its bid to earn ranking points over questions about a closed shop
▼ + stars: | 2023-10-10 | by ( ) www.cnbc.com time to read: +5 min

LIV Golf is playing only for cash, not world ranking points, after the Official World Golf Ranking board determined it could not fairly measure the 48-man league with the other 24 tours around the world. LIV Golf made its debut in June 2022, and the lack of world ranking points has taken an enormous toll. Among those no longer in the top 100 are Dustin Johnson, Bryson DeChambeau and Talor Gooch, who has three LIV Golf victories this year. LIV Golf can reapply to be part of the OWGR system, though the board made it clear that turnover, objective access to LIV Golf and relegating players who don't perform remain key points in getting ranking points. There's also the matter of the PGA Tour, European tour and Saudi backers of LIV Golf (Public Investment Fund) working out a commercial partnership announced in June.

Persons: LIV, LIV Golf, OWGR, Peter Dawson, They're, Jay Monahan, Keith Pelley, Keith Waters, Dawson, Phil Mickelson, Lee Westwood, Bubba Watson, Paul Casey, Ian Poulter, — Andy Ogletree —, Mito Pereira, Thomas Pieters, Cameron Smith, Smith, Brooks Koepka, Dustin Johnson, Bryson DeChambeau, Talor Gooch, Sergio Garcia, Sebastian Munoz, Koepka, Munoz, There's Organizations: Centurion, The Associated Press, International Federation of PGA, Augusta National, PGA of America, U.S . Golf Association, LIV, League, PGA Tour, British, Investment Fund Locations: St Albans, London, Saudi, U.S, Florida

On Monday, LA28 organisers formally asked that flag football for both the men's and women's competitions as well as four other sports be added to the event. It would mark the Olympic debut for flag football, a game that looks similar to tackle football, with passing and receiving, but requires little protective equipment, with play stopping when a defender pulls a cloth flag from the waist of an opponent. "But I will tell you that through this process a number of great young stars of the league have said how great it would be to represent their country and play flag." O'Reilly said one appeal of flag football is that it is low cost and that almost anyone can play it. "The Olympics in LA would be a tremendous boost to flag football around the world and in this country."

Persons: Denis, Stephanie Lecocq, Peter O'Reilly, Diana Flores, O'Reilly, LA28, Rory Carroll Organizations: REUTERS, NFL, U.S ., Reuters, International Olympic Committee, International Federation of American Football, World Games, Italy, U.S, IOC, Los Angeles Our, Thomson Locations: Saint, Paris, France, Los Angeles, Mumbai, Birmingham , Alabama, Mexico, LA

☆ American kids are facing an epidemic of loneliness. Overhauling youth sports could help fix that.
▼ + stars: | 2023-10-08 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +14 min

AdvertisementAdvertisementA Hooptown Youth League game. While Americans of all ages are vulnerable to loneliness, young people are particularly at risk. Data on grade-school-aged children is limited in the US, but research in other countries has found that young children aren't immune to these problems. One of the few studies to explore sports participation's connection to youth loneliness was conducted by European researchers in 2019. A Hooptown Youth League game.

Persons: —, Nancy Curtin's, we'd, Mike Nilson, Gonzaga University's, Nilson, Chris Elam, It's, Vivek Murthy, General's, John Ewing, they're, There's, Charlie Riedel, Matt Hoffmann, Hoffman, Jon Solomon, — Solomon, David J, Phillip Solomon, Solomon, Curtin Organizations: Service, Hooptown, League, YMCA, Amateur Athletic Union, AAU, Portland Press, Getty, Sports, Fitness Industry Association, National Federation of State High School, Team, Kansas City Royals, Oakland Athletics, Cal State Fullerton, Aspen Institute's Sports, Society Program, Aspen Institute, CDC, rec, Aspen, Spokane — Locations: Oregon, Spokane , Washington, Spokane, Kansas City, Mo

☆ The Fed is at odds with itself. That’s a feature, not a bug
▼ + stars: | 2023-10-08 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

So, Fed officials are divided, but it doesn’t really matter. Fed officials are still people, and as the saying goes, opinions are like bellybuttons in that everyone’s got one. Fed officials in that committee with voting power have the option to dissent, but it’s only happened twice this cycle. This year’s voters, which are Dallas Fed President Lorie Logan, Chicago Fed President Austan Goolsbee, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari, will be rotated out next year. Up NextMonday: Fed officials Lorie Logan, Michael Barr and Phillip Jefferson deliver remarks.

Persons: Mary Daly, Michelle Bowman, ”, Biden, That’s, Michael Feroli, everyone’s, “ It’s, ” Feroli, Esther George, Ed Al, Hussainy, JPMorgan’s Feroli, It’s, Jerome Powell, John Williams, Lorie Logan, Austan Goolsbee, Patrick Harker, Neel Kashkari, Logan, Kashkari, Raphael Bostic, San Francisco Fed’s Daly, – CNN’s Elisabeth Buchwald, Michael Barr, Phillip Jefferson, Christopher Waller Organizations: CNN Business, Bell, CNN, Federal, San Francisco Fed, JPMorgan, Fed, Market Committee, Kansas City, Columbia Threadneedle Investments, Governors, New York Fed, Dallas Fed, Chicago Fed, Philadelphia Fed, Minneapolis Fed, San Francisco, Treasury, PepsiCo, The National Federation of Independent Business, US Labor Department, Federal Reserve, Delta, China’s National Bureau of Statistics, The University of Michigan Locations: San, Kansas, Columbia, Cleveland, Richmond, Atlanta, San Francisco, Walgreens

☆ A 32-year market vet warns a recession is still on the way as the Fed's jumbo rate hikes continue to work their way into the economy — and shares 3 reasons why stocks are overvalued by 35%
▼ + stars: | 2023-09-30 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

The hikes scared investors into thinking a recession would be on the way. But today, the labor market remains strong and inflation is under 4%, prompting rosier outlooks about the fate of the US economy. Rate hikes take time to work their way into the economy. But their main adversary going forward is going to be the Fed, with inflation still elevated. The Consumer Price Index is at 3.7% year-over-year, and core inflation, which the Fed watches closely, is even higher at 4.3%.

Persons: Michael Pento, Piper Sandler, Pento, Louis, LEI, Greg Boutle, Morgan Stanley's Mike Wilson, Piper Sandler's Michael Kantrowitz, Jeremy Grantham, Merrill Lynch, Gary Shilling, Jerome Powell Organizations: Federal Reserve, Federal Reserve Bank of St, National Federation of Independent Businesses, Conference, Stock, Robeco, Nasdaq, BNP, Fed

☆ No restrictions on hijab in Paris 2024 Games' athletes village-IOC
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Stephane Mahe/File Photo Acquire Licensing RightsBERLIN, Sept 29 (Reuters) - Athletes can wear a hijab in the Paris 2024 Olympic Games athletes' village without any restriction, the International Olympic Committee said on Friday, days after France's sports minister banned it for the host country's athletes. The Olympic body also said it needed to better understand the situation in France and had been in contact with the French Olympic Committee (CNOSF). French Sports Minister Amelie Oudea-Castera said on Sunday French athletes would be barred from wearing a hijab during the Paris Games to respect principles of secularism. The vast majority of the approximately 10,000 athletes at Olympic Games reside in apartments in the Olympic village and share common spaces, including dining halls and recreational areas. There are 32 sports on the programme of the Paris Games.

Persons: Stephane Mahe, Amelie Oudea, Castera, Emmanuel Macron, Karolos, Toby Davis Organizations: Paralympics, Compagnie, REUTERS, Rights, International Olympic, French Olympic, French Sports, Sunday, Paris Games, IOC, Olympic Games, International Federation, United Nations, Thomson Locations: La Guerche, Bretagne, Rennes, Brittany, France, Paris, ”

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