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John Fetterman, Pennsylvania’s Democratic lieutenant governor, will face Republican Mehmet Oz, a celebrity TV doctor, in the only debate of the race to succeed retiring GOP Sen. Pat Toomey. Debate organizers and the campaigns have agreed to use closed-captioning to allow Fetterman to read questions and answers spoken and transcribed instantly. Another Oz campaign aide sent an email calling attention to the Fetterman team's memo. Oz, a heart surgeon, had used the debate calendar as a political weapon to call attention to Fetterman’s stroke and recovery. "I feel like I’m gonna get better and better — every day," Fetterman told NBC News in an interview this month.
"Don't Worry Darling" is now available to buy ($25) or rent ($20) from Amazon, Vudu, and more. Check out the trailer for 'Don't Worry Darling'Florence Pugh ("Midsommar") plays the lead role of Alice opposite Harry Styles ("Dunkirk") as Jack. As of October 25, "Don't Worry Darling" has a low "38%" score on Rotten Tomatoes. How to watch 'Don't Worry Darling'"Don't Worry Darling" is now available to watch at home through digital retailers like Amazon Prime Video, Apple TV, Vudu, and YouTube. "Don't Worry Darling" is not based on a book, but rather a spec script originally written by Shane and Carey Van Dyke.
CNN —Kevin Bacon is coming to the Marvel Cinematic Universe as…Kevin Bacon. In a move that’s sure to make the ‘six degrees of Kevin Bacon’ game even easier, the “Footloose” star is featured in the new trailer for “The Guardians of the Galaxy Holiday Special,” alongside franchise stars Dave Bautista (Drax) and Pom Klementieff (Mantis). “Guardians” director James Gunn, who on Tuesday was appointed co-chairman and chief executive officer of DC Studios alongside Peter Safran, shared the clip on his Twitter. Somehow, they decide that Bacon would be the perfect “someone special” to help their friend and appear on the iconic actor’s front doorstep to take him with them. “The Guardians of the Galaxy Holiday Special” is due on Disney+ on November 25.
Some of the biggest names in sports and entertainment are investing in Fanatics' lifestyle clothing brand, Mitchell & Ness. The new owners said they plan to make Mitchell & Ness "the most diverse and culturally relevant consumer brand" through their influence and status as tastemakers. Mitchell & Ness is a true classic," he said in February. "I'm proud to play a small role in bringing it back, and in some cases, introducing the authenticity and quality of the Mitchell & Ness brand to a new generation," he added. In June, Mitchell & Ness signed a rights deal to manufacture products for all 32 NHL teams.
Oct 24 (Reuters) - The U.S. Treasury is taking steps to strengthen the resilience of the Treasury debt market and private money market and bond funds, but the U.S. financial system is functioning well despite elevated global volatility, Treasury Secretary Janet Yellen said on Monday. "Treasury is working with financial regulators to advance reforms that improve the Treasury market's ability to absorb shocks and disruptions, rather than to amplify them," Yellen said. MONEY MARKETS, BOND FUNDSHigher market volatility also could expose vulnerabilities in non-bank financial intermediation, Yellen said. She added that Treasury and financial regulators are working to better monitor leverage in private funds and to "develop policies to reduce the first-mover advantage that could lead to investor runs in money market funds and open-end bond funds." Yellen cited stresses in money market funds during the 2008 financial crisis and again in March 2020 as the reason for the Securities and Exchange Commission's new proposed rules to improve resilience and transparency in the $5 trillion money market sector.
WASHINGTON/LONDON (Reuters) - U.S. shares extended last week’s rally and European shares climbed on Monday as signs of a cooling U.S. economy stoked hopes that the Federal Reserve will slow its pace of rate hikes. FILE PHOTO: A Wall Street sign outside the New York Stock Exchange in New York City, New York, U.S., October 2, 2020. Slideshow ( 2 images )Fed officials indicated that the pace of tightening would be at the heart of any policy debate at November’s meeting. Chinese blue chips slid almost 3%, while Hong Kong shares fell 6.4%, their biggest one-day drop since the financial crisis. In commodities, gold prices were under pressure from a firm dollar and the elevated U.S. bond yields.
WASHINGTON/LONDON (Reuters) -U.S. and European shares rose on Monday as signs of a cooling U.S. economy raised hopes that the Federal Reserve will slow its pace of rate hikes. “Investors are getting more confident that inflation is going to come down and that the Fed might be quick to pause. European shares rose on Monday, driven by hopes that the Federal Reserve could slow its pace of interest rate hikes, while investors braced for a busy week of earnings and key interest rate decision from the European Central Bank. Markets are still priced for a rate rise of 75 basis points next month, but have scaled back bets on a matching move in December. Chinese blue chips slid almost 3%, while Hong Kong shares fell 6.4%, their biggest one-day drop since the financial crisis.
Like Truss, Sunak promised a tough approach to illegal immigration and vowed to expand the government’s controversial Rwanda immigration policy. At the time Johnson was running to lead Britain's Conservative Party and Sunak was a member of Parliament. Danny Lawson/PA Images/Getty Images Sunak speaks during a general election debate in Cardiff, Wales, in November 2019. Danny Lawson/PA/Getty Images Sunak delivers a speech during the annual Conservative Party Conference in Manchester in October 2021. Hollie Adams/Bloomberg/Getty Images Sunak and Murty are seen with their daughters, Krishna and Anoushka, while campaigning in Grantham, England, in July 2022.
CJ McCollum had 28 points and 12 assists to lead the Pelicans, who overcame a 17-point fourth-quarter deficit to force the extra period despite losing Brandon Ingram and Zion Williamson to injury. James had 31 points, eight rebounds and eight assists, Anthony Davis had 22 points and 10 rebounds and Lonnie Walker IV scored 15 points for the Lakers. Rudy Gobert added 15 points and 15 rebounds for Minnesota, while Karl-Anthony Towns also scored 15. Jeremiah Robinson-Earl added 15 points. Curry had six 3-pointers to account for a majority of his 28 points in the first two periods, contributing to the 89 first-half points, which were the fifth-most in NBA history.
Johnson previously enjoyed high levels of popularity until losing credibility in the final months of his premiership. Gleb Garanich | ReutersLONDON — Former U.K. Prime Minister Boris Johnson will not take part in the contest to replace outgoing leader Liz Truss. Johnson is believed to still be popular in the grassroots of the wider Conservative Party despite many Tory MPs being firmly against a return. "There is a very good chance that I would be successful in the election with Conservative Party members — and that I could indeed be back in Downing Street on Friday. How the contest worksTruss' successor will once again be decided by a Conservative Party leadership contest drawn from a short-list of candidates.
Rep. Chris Pappas is running against Republican Karoline Leavitt in New Hampshire's 1st Congressional District. The 1st District is located in the eastern region of the state. New Hampshire's 1st Congressional District candidatesPappas, running for his second term in the US House, serves on the House Committees on Transportation and Infrastructure and Veterans' Affairs. The first openly gay man to represent New Hampshire in Congress, Pappas co-chairs the Congressional LGBT Equality Caucus. Voting history for New Hampshire's 1st Congressional DistrictNew Hampshire's 1st Congressional District is located in the eastern region of the state and includes Manchester, the state's largest city, as well as Portsmouth and Laconia.
WASHINGTON, Oct 21 (Reuters) - California-based Toymaker Mattel Inc (MAT.O) has agreed to pay $3.5 million to settle U.S. Securities and Exchange Commission (SEC) charges over financial misstatements in 2017, the agency said on Friday. Mattel, which makes Barbie and Fisher-Price toys, incorrectly reported its losses during the third and fourth quarters of 2017 due to tax reporting errors, the SEC said. The issue went uncorrected until November 2019 and the lack of internal control for financial reporting related to the error remained undisclosed. A spokesperson for Mattel, which did not admit or deny the SEC's findings, said the firm is pleased to have the matter behind it. He further failed to maintain auditor independence by advising Mattel's then-chief financial officer about who should be selected for a senior position at the company.
WASHINGTON, Oct 20 (Reuters) - The U.S. Commodity Futures Trading Commission on Thursday said it had imposed over $2.5 billion in restitution, penalties and ill-gotten gains during the fiscal year ending September 30. The CFTC filed 82 enforcement actions in fiscal 2021, with fraud cases representing the largest number of actions, the agency's data showed. More than 20% of the year's cases related to digital assets, the CFTC said in a statement. The CFTC also brought cases related to market manipulation, including its largest ever benchmark manipulation case against Glencore Agriculture B.V. and Glencore Ltd on charges of manipulation of U.S. and global oil markets. Register now for FREE unlimited access to Reuters.com RegisterReporting by Chris PrenticeOur Standards: The Thomson Reuters Trust Principles.
"Given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party," she said in a brief speech Thursday afternoon. Here are the main contenders for the top job:Rishi SunakRishi Sunak, Britain's former finance minister and Truss' main opponent in this year's Conservative Party leadership race, is now seen as a favorite to replace her. Britain's former finance minister Rishi Sunak was Liz Truss's main opponent in this year's Conservative leadership race. Penny MordauntFormer Defense Secretary Penny Mordaunt surged to prominence during the summer's leadership race, before finishing in third place to Truss and Sunak. Leader of the House of Commons Penny Mordaunt is seen as a consensus candidate who could unite a splintered Conservative Party.
Jeremy Hunt replaces Kwarteng as Britain's finance minister
  + stars: | 2022-10-14 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Oct 14 (Reuters) - Former foreign minister Jeremy Hunt has been appointed Britain's finance minister, Prime Minister Liz Truss's office said on Friday, following Kwasi Kwarteng's resignation from the post after less than six weeks in the job. A former foreign minister, Hunt has twice been unsuccessful in running for the governing Conservative Party's leadership, once losing to Boris Johnson and then being knocked out in the first round of voting in a contest which saw Truss take the prize. Seen as on the centre-right of the party, Hunt endorsed Truss's leadership rival, former finance minister Rishi Sunak to become prime minister, and is seen by many in the party as a safe pair of hands. Hunt, who has also previously served as health minister and culture minister, becomes Britain's fourth finance minister in as many months. Truss's office also said Edward Argar had replaced Chris Philp as Chief Secretary to the Treasury, the second most important job in the department.
Kwasi Kwarteng, UK chancellor of the exchequer, speaks at a fringe event during the Conservative Party's annual autumn conference in Birmingham, UK, on Tuesday, Oct. 4, 2022. LONDON — British Finance Minister Kwasi Kwarteng was fired on Friday after less than six weeks in the role, amid mounting political pressure and market chaos. "The economic environment has changed rapidly since we set out the Growth Plan on 23 September. The Medium-Term Fiscal Plan is crucial to this end, and I look forward to supporting you and my successor to achieve that from the backbenches." Jeremy Hunt — a former Health Secretary and Foreign Secretary — was announced as Kwarteng's successor.
The movie is based on the 2019 book of the same name about the New York Times investigation into claims of sexual misconduct by Weinstein, then one of the most powerful producers in Hollywood. After the Times story broke, some 100 women came forward with accusations of sexual misconduct by Weinstein. The reporting fueled the #MeToo movement, with women around the world calling out sexual harassment. Weinstein, who has denied having non-consensual sex with anyone, was sentenced in New York in March 2020 to 23 years in prison for rape and sexual assault involving two women. Weinstein is currently on trial in California on additional charges of sexual misconduct.
Register now for FREE unlimited access to Reuters.com Register"We have announced that we will be out by the end of this week. "My message to the funds involved and all the firms involved managing those funds: You've got three days left now. Investors are nervous that Friday's halt to the BoE's bond-buying might come too soon for some pension funds. But a BoE spokesperson said it had been made "absolutely clear in contact with the banks at senior levels" that the Friday deadline would hold. On Wednesday, it said it was "closely monitoring" liability-driven investment (LDI) funds, which are key to pension funds, ahead of Friday's deadline.
British financial markets have been under strain since Sept. 23 when finance minister Kwasi Kwarteng announced 45 billion pounds ($50 billion) of tax cuts, without saying how they would be paid for. The Institute of Fiscal Studies think-tank has said the strategy will require 62 billion pounds of spending cuts or tax rises to stop the public debt growing - a daunting proposition after more than a decade of tight government spending. Register now for FREE unlimited access to Reuters.com RegisterTruss and Kwarteng say their tax cuts will boost economic growth and restore the public finances over the medium term. Asked if she was sticking to a pledge not to cut spending made during the Conservative leadership contest, she said: "Absolutely, absolutely." Her spokesman later said that although public spending overall would rise, "there will be deeply difficult decisions to be taken given some of the global challenges we're facing".
WASHINGTON, Oct 11 (Reuters) - The U.S. Securities and Exchange Commission's scrutiny of how Wall Street handles work-related communications on personal devices and apps such as WhatsApp has expanded beyond broker-dealers to investment funds and advisers, according to four people familiar with the inquiry. A spokesperson for the SEC declined to comment, saying: "We don’t comment on the existence or nonexistence of a possible investigation." The SEC periodically conducts such sweeps to quickly gather information on issues it suspects may be widespread. The institutions did not preserve most of those personal chats, violating federal rules which require broker-dealers and other financial institutions to preserve business communications. Like broker-dealers, investment companies and registered investment advisers are required by the SEC to maintain records of business communications.
CNN —Eileen Ryan, a veteran actress and matriarch of the Hollywood family that includes actor Sean Penn, died at her home on Sunday, according to a statement shared by Penn’s publicist. Ryan appeared in over 60 television shows and films over her decades-long career, enjoying turns in genre fare such as 2002’s “Eight Legged Freaks” and “Feast” in 2005. Ryan, born Eileen Annucci, met her husband, late director Leo Penn, in 1957 in New York City at rehearsals for “The Iceman Cometh,” according to the statement. The pair moved in together within a week of meeting, and married a few months later, the statement added. Their marriage lasted 41 years until Leo Penn died in 1998.
CNN —Video game purists expecting a faithful adaptation of the original Nintendo game might be somewhat surprised by first teaser for the new “Super Mario Bros. Movie,” which debuted on Thursday. This is also when the game’s memorable music is finally heard, albeit briefly. The CGI-animated film, from Nintendo and Illumination, features several other big name stars, including Charlie Day as Mario’s brother Luigi, Anya Taylor-Joy as Princess Peach, Keegan-Michael Key as Toad and Seth Rogen as Donkey Kong. The last time the iconic video game was translated into a feature-length studio film was almost 30 years ago, with the ill-begotten 1993 release of the live-action “Super Mario Bros.,” starring Bob Hoskins and John Leguizamo. The new movie is due to hit theaters on April 7, 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore than 2 million without power after Hurricane Ian slams into FloridaNBC’s Chris Pollone joins CNBC's 'Squawk Box' from Tampa, Florida, with an update on Hurricane Ian, which has been downgraded to a tropical storm after slamming into Florida's coast as a Category 4 hurricane.
LONDON, Sept 29 (Reuters) - Chris Philp, Britain's chief secretary to the Treasury, said he disagreed with concerns raised by the International Monetary Fund about the government's tax-cutting budget that has roiled markets, saying it would lead to long-term economic growth. "I saw the IMF comments. Register now for FREE unlimited access to Reuters.com RegisterThe pound sank and British government bond yields soared, forcing the BoE to revive its bond-buying programme in an emergency move on Wednesday to shore up pension funds. Asked if the government regretted its handling of the economy, Philp said interest rates had been rising around the world in response to Russia's invasion of Ukraine. Register now for FREE unlimited access to Reuters.com RegisterReporting by Kate Holton and Muvija M Editing by William SchombergOur Standards: The Thomson Reuters Trust Principles.
LONDON, Sept 29 (Reuters) - British Prime Minister Liz Truss broke her silence on Thursday following nearly a week of chaos in financial markets triggered by her plans for tax cuts, saying she was willing to take "controversial" decisions to reignite growth. Register now for FREE unlimited access to Reuters.com Register"But I'm prepared to do that as prime minister because what's important to me is that we get our economy moving." Truss became prime minister on Sept. 6 after winning the leadership of the governing Conservative Party with promises to cut taxes. "This is the right plan that we've set out," Truss said, adding it would put Britain's economy on a better trajectory for the long term. Some financial analysts have said the government might have to bring forward that announcement to settle the nerves of investors.
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