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The Infinite Monkey Theorem hypothesizes that, given a typewriter and an infinite amount of time, a monkey could in theory produce the full works of William Shakespeare. According to Open Source Shakespeare, a web page containing all of the bard’s plays, poems and sonnets, there are 884,421 words in the entire works of Shakespeare. While the Shakespeare Birthplace Trust says the writer introduced more than 1,700 words into the English language, "banana" was not one of them. Other academics were less incredulous, suggesting that the paper was a wild goose chase — a phrase itself invented by Shakespeare. It may be time for the theorem to exit popular usage — pursued, unsuccessfully, by a monkey.
Persons: William Shakespeare, Franklin, ” Stephen Woodcock, , ” Woodcock, it’s, Woodcock, Jay Falletta, Shakespeare, George — “, , ” Ian Stewart, ” Martin Hairer, Daniel Simmonds, Simmonds, Organizations: Galaxy, University of Technology Sydney, university’s, Mathematical, Physical Sciences, NBC News, Trust, Warwick University, Imperial College London, London Zoo, Zoological Locations: Australia, Zaire
“There’s no white knight coming,” a federal law enforcement official told NBC News, speaking on the condition of anonymity to describe the posture of federal authorities in the coming weeks, after Election Day. Law enforcement officials across the country said they believe the 2024 election will have a more sustained drumbeat of partisan rhetoric and disinformation than the 2020 election. The FBI has also set up a National Election Command Post at headquarters specifically to focus on election threats, as is standard practice in an election year. Two law enforcement officials expressed some concern that a federal response to any serious election issues could be chaotic and involve a “hodgepodge” of different state, local and federal law enforcement agencies and local election entities. Four other current and former law enforcement sources said they worried that disinformation and conspiracy theories could affect some segments of the law enforcement community, especially in parts of the country where Trump has significant support.
Persons: Donald Trump, Trump, “ We’ve, Rebecca Weiner, , Attorney General Merrick Garland, , General Merrick Garland, Chip Somodevilla, Jan, — “, Garland, Department’s, Organizations: WASHINGTON —, U.S . Capitol, NBC News, New York Police, Democrat, FBI, Justice Department, Trump, Infrastructure Security Agency, The Justice Department, Department, Attorney, Getty, Law, Department of Homeland Security, Capitol, Force Locations: , U.S, ” Federal, China, Iran, Russia, stoke
Dollar steady as investors eye U.S. jobs report, election
  + stars: | 2024-11-01 | by ( ) www.cnbc.com   time to read: +3 min
The dollar steadied against major peers on Friday, as investors awaited the U.S. jobs report to confirm economic resiliency heading into the Federal Reserve's monetary policy meeting and a close-call U.S. presidential election next week. The dollar steadied against major peers on Friday, as investors awaited the U.S. jobs report to confirm economic resiliency heading into the Federal Reserve's monetary policy meeting and a close-call U.S. presidential election next week. The U.S. dollar started November off at a lower level after coming under pressure against the yen and euro on Thursday. (Kazuo) Ueda's press conference," Morgan Stanley MUFG economists Takeshi Yamaguchi and Masayuki Inui wrote in a report on Thursday. The Fed's monetary policy decision next week comes just days after the U.S. presidential election on Tuesday.
Persons: Nonfarm, Tapas Strickland, Kazuo, Ueda's, Morgan Stanley, Takeshi Yamaguchi, Masayuki Inui, Sterling, Rachel Reeves, Donald Trump, Kamala Harris, Trump's Organizations: Federal, Bank of Japan, U.S ., Reuters, National Australia Bank, Gov, U.S, Republican, Democratic, Trump, Treasury, Federal Reserve Locations: U.S
“I strongly support clemency for Erik and Lyle Menendez, who are currently serving sentences of life without possibility of parole,” Gascón said in a statement. Erik Menendez and Lyle Menendez at a pretrial hearing in Los Angeles in December 1992. Lyle Menendez was 21 and Erik Menendez was 18 at the time of the killings. Attorneys for the brothers argued in clemency requests that they both were sexually abused by their father beginning at a young age. Those factors and their ages — Lyle Menendez is 56 and Erik Menendez is 53 — make each “an exemplary candidate for clemency,” the attorneys wrote.
Persons: Lyle, Erik Menendez, George Gascón's, , Erik, Lyle Menendez, ” Gascón, Gavin Newsom, Newsom, we’re, José Menendez, Kitty Menendez, Vince Bucci, Gascón, — Lyle Menendez, Organizations: ANGELES, Los Angeles, Democrat, Beverly Hills, Getty, Prosecutors Locations: Los, Los Angeles County, California, Beverly, Los Angeles, AFP
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Bristol Myers Squibb on Thursday reported third-quarter earnings and revenue that blew past Wall Street's expectations thanks to its blockbuster blood thinner Eliquis and a portfolio of drugs it expects to deliver long-term growth. Bristol Myers previously said it expected sales to rise in the "upper end" of the low single-digit range. The results come as Bristol Myers moves to cut $1.5 billion in costs by 2025 and funnel that money into key drug brands and research and development programs. Notably, the Food and Drug Administration approved Bristol Myers Squibb's highly anticipated schizophrenia drug Cobenfy during the quarter.
Persons: Bristol Myers, Joe Biden's, Bristol Myers Squibb's Organizations: Bristol Myers Squibb, LSEG, Food and Drug Administration, Bristol Locations: Cambridge, Cambridge , Massachusetts, Eliquis
Oil prices rise on optimism over solid U.S. fuel demand
  + stars: | 2024-10-31 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices rose on Thursday, extending the previous day's rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output increase offered support. Oil prices rose on Thursday, extending the previous day's rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output increase offered support. Nine analysts polled by Reuters had expected an increase in gasoline and crude inventories. "Expectations of a potential delay in the OPEC+ production increase were also supportive... A decision to postpone the increase could come as early as next week, two OPEC+ sources told Reuters.
Persons: Toshitaka Tazawa Organizations: Brent, . West Texas, Energy Information Administration, Reuters, Fujitomi Securities, Organization of, Petroleum, OPEC Locations: U.S, OPEC, Russia, Israel
Ford workers produce the electric F-150 Lightning pickup at the automaker's Ford Rouge Electric Vehicle Center on Dec. 13, 2022. DETROIT — Ford Motor plans to halt production of its all-electric F-150 Lightning from mid-November until early next year to address bloated inventories and narrow losses on the pickup trucks. The automaker on Thursday confirmed the seven-week shutdown would occur at its Rouge Electric Vehicle Center in suburban Detroit from Nov. 18 until Jan. 6, including previously planned holiday downtime at the end of the year. "We continue to adjust production for an optimal mix of sales growth and profitability," Ford said in an emailed statement. Ford said not all of the workers will be laid off for the entire duration of the downtime.
Persons: Ford Organizations: Ford Rouge Electric Vehicle Center, DETROIT, Ford Motor, Electric Vehicle Center, Automotive News Locations: Detroit, Michigan
Russia’s Swift March Forward in Ukraine’s EastTwo years of territorial changes in the Donbas Russia gained more territory in October than any month since July 2022 150 sq. miles Amount of territory Russia gained 100 50 0 Ukraine has made only marginal gains this year 50 Amount of territory Ukraine gained 100 Jan. April July Oct. Jan. April July Oct. 2023 2024 Amount of territory Ukraine gained Amount of territory Russia gained 100 50 0 50 100 150 sq. Amount of territory Ukraine gained Amount of territory Russia gained 100 50 0 50 100 150 sq. In August, Ukraine’s defensive lines buckled, and Russia rapidly advanced 10 miles toward Pokrovsk and closed in on Selydove from the west and north. In just the past week, Russia advanced roughly six miles north of Vuhledar — an unusually swift pace compared with previous gains.
Persons: Russia’s Swift, Jan, Vuhledar, Pasi, , Russia Vuhledar, Selydove Kurakhove, Marinka, Kurakhove, Pokrovsk, Paroinen, Vincent Tourret, Tourret, , Oleksandr Lytvynenko, Chasiv Yar, Russia “, Serhii Kuzan, Chasiv, ” Mr Organizations: Ukraine, New York Times, Institute for, American, The New York Times, Bird Group, Railways, Russia, French Foundation for Strategic Research, Russian, National Security and Defense Council, Ukraine’s Security, Cooperation Center, Territory, LUHANSK, Kramatorsk, Selydove Avdiivka, Sloviansk, Vuhledar, Ukraine’s Territorial Defense Locations: Ukraine’s East, Donbas Russia, Russia, Ukraine, Donbas, Selydove, Pokrovsk, Finland, RUSSIAN, Russia Selydove, Russia Vuhledar Russia, Russian, Luhansk, Donetsk, Ukraine Ukraine, Chasiv Yar DONETSK, Selydove Avdiivka Donetsk, Azov Ukraine, Sloviansk LUHANSK, Azov, Vuhledar, Kursk, Ukrainian
While the hardware sales are certainly profitable, they pale in comparison to the profitability of Apple's Services. It's impossible to do consistently, and that's why Jim Cramer always says "own, don't trade" Apple stock. During the reported quarter, Apple returned over $29 billion to shareholders, including $3.8 billion in dividends and equivalents and another $25 billion via the repurchase of 112 million shares. Though Services sales missed the mark, gross income managed to outpace expectations thanks to significant year-over-year margin expansion. The growing installed base of active devices is of course translating into strong engagement with Apple's services.
Persons: Luca Maestri, that's, Jim Cramer, Time Cook, Apple, we're, Maestri, Jim Cramer's, Jim, Michael M Organizations: Apple, Samsung, Dell, HP Inc, of Asia, of Asia Pacific, Mac, Apple Watch, Apple Intelligence, Apple's Services, iOS, CNBC, Fifth, Santiago, Getty Locations: Apple's, Americas, Europe, Asia Pacific, Japan, Greater China, iPhones, Kantar, U.S, China, Australia, New York City
Nearly 70% of the Fortune 500 is using Microsoft 365 Copilot and the company is seeing faster customer adoption than any other new Microsoft 365 Suite. MSFT YTD mountain Microsoft YTD Despite these positive trends and innovations, revenue guidance for next quarter fell a touch short of expectations. Microsoft 365 Commercial cloud revenue growth increased 16% year over year with seat growth up 8%. Microsoft 365 Consumer cloud revenue growth increased 7% year over year with subscribers increasing to 84.4 million from 82.4 million one quarter ago. Revenue growth ticked down sequentially to 33% annual growth, or 34% on a constant currency basis.
Persons: Nvidia's Blackwell, That's, , Jim Cramer's, Jim Cramer, Jim, Microsoft Corporation Satya Nadella, Chalinee Thirasupa Organizations: Microsoft, Revenue, Fortune, Productivity, Dynamics, CNBC, Activision, Windows, Gaming, Microsoft Corporation Locations: OpenAI, Bangkok, Thailand
The "phased rollout" of the new Free Application for Federal Student Aid is on track for the upcoming academic year, the U.S. Department of Education says. So far, the 2025-26 FAFSA has been available to limited groups of students in a series of beta tests that began on Oct. 1. It will become available to all students and contributors on or before Dec. 1, the Education Department said. As of Oct. 29, the government's FAFSA Issues page lists 22 unresolved issues, down from 25 a few weeks ago, he said. "We've made a lot of progress resolving those issues and we are now seeing more students able to complete their form."
Persons: James Kvaal, Mark Kantrowitz, We've, Kvaal Organizations: Federal Student, U.S . Department of Education, Education Department, Education, CNBC, Finance, Ivy League
Moments later, Coy said Hill walked up a driveway and loudly banged on the home’s front door, but nobody answered and no lights were visible. “My intention was to go toward the back of the house,” Coy testified, but he changed his mind when he saw a light flicker in the garage. Hill walked out, holding a lit cellphone in his left hand, but his body was turned and Coy couldn’t see his right side. Thinking the phone was a distraction, Coy thought he saw Hill holding a revolver with his left hand and fired four shots. “I said, ‘f---,’ I knew at that point that I had made a mistake,” Coy testified.
Persons: , , ” Adam Coy, Andre Hill, Coy, Adam Coy, Hill, Mark Collins, ” Coy, banged, What’s, Stephen Zenner, Amy Detweiler, Coy couldn’t, , Anthony Pierson, ” Pierson, Monday, Stephen McIntosh Organizations: Columbus Police Department, Coy, Protesters, Getty Locations: Columbus , Ohio, AFP, Columbus
Teri Garr, the Oscar-nominated comedic actor best known for her spirited performances in classics such as "Young Frankenstein," "Close Encounters of the Third Kind" and "Tootsie," died Tuesday in Los Angeles, according to her publicist and friend Heidi Schaeffer. Marty Feldman, Gene Wilder and Teri Garr in "Young Frankenstein." Teri Garr in 1992. "The person I always think of is Teri Garr," Tina Fey was once quoted as saying. "There was a time when Teri Garr was in everything.
Persons: Teri Garr, Oscar, Young, Heidi Schaeffer, Schaeffer, Garr, Johnny Carson, Elvis Presley, Francis Ford Coppola's, Gene Wilder's, Inga, Mel Brooks, Marty Feldman, Gene Wilder, Steven Spielberg, Richard Dreyfuss, Dustin Hoffman's, Martin Scorsese, Robert Altman, Porter, Coppola, Michael Keaton, Lisa Kudrow's, NBC Teri Ann Garr, Jack Nicholson, Garr's, Sonny, Cher, Garr's doggedness, Pauline Kael, there’s, Tina Fey Organizations: Hollywood, NBC, Yorker, CBS, Getty, CNN Locations: Los Angeles, bewilderment, Ohio, New York City
Voters across the country are set to decide on nearly 150 ballot measures next week that will shape the future of a wide variety of policy issues in their states. (In addition, Louisiana will let voters decide on four constitutional amendments on its Dec. 7 ballot.) “Everyone knows this is a big issue this year — it’s the most we’ve ever seen for reproductive freedom ballot measures in history,” Fields Figueredo said. Voting and electionsThere are 39 ballot measures on the November ballot related to democracy, elections and voting procedures, according to the Ballot Initiative Strategy Center. And voting rights groups have argued it is designed to galvanize conservative turnout and counter enthusiasm for the state’s abortion rights proposal.
Persons: , Chris Melody Fields Figueredo, Figueredo Organizations: Strategy Center, Republican, noncitizens, Republicans Locations: Louisiana, Arizona, Nevada, Montana, Florida, In Arizona , Florida , Missouri, South Dakota, Maryland , Montana , Nevada, New York, Colorado, Nebraska, — Idaho , Iowa , Kentucky , Missouri, North Carolina , Oklahoma, South Carolina, Wisconsin, North Dakota, Florida , Nebraska, In Nebraska, Immigration Arizona, California, Alaska, Missouri, Washington
“If you watched her being interviewed by Allison Cooper the other night, he’s a nice person. You know Allison Cooper? Oh, no.”CNN journalist Anderson Cooper in New York City on Dec. 10, 2023. “Even Allison Cooper was embarrassed by it. He was embarrassed by it.”In referring to Cooper with a woman’s name, Trump appeared to turn to a stereotype heterosexual people have long deployed against gay men.
Persons: Donald Trump, Anderson Cooper, “ Allison Cooper, ” Trump, Cooper, Kamala Harris, Allison Cooper, Anderson, Mike Coppola, Trump, , Joe Rogan, Arnold Palmer’s Organizations: CNN, Republican, Saturday, Trump Locations: NOVI, Mich, , U.S, Traverse City , Michigan, New York City, Michigan, Pennsylvania
Oil slips more than 4% after Iran downplays Israeli strikes
  + stars: | 2024-10-28 | by ( ) www.cnbc.com   time to read: +2 min
A pump jack operates in an oil field in Midland, Texas U.S. August 22, 2018. Oil prices tumbled more than $3 a barrel on Monday after Israel's retaliatory strike on Iran over the weekend bypassed Tehran's oil and nuclear facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East. Both Brent and U.S. West Texas Intermediate crude futures hit their lowest levels since Oct. 1 at the open. The geopolitical risk premium that had built in oil prices in anticipation of Israel's retaliatory attack came off, analysts said. In October, the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, kept their oil output policy unchanged including a plan to start raising output from December.
Persons: Brent, WTI, Saul Kavonic, Tim Evans Organizations: Midland , Texas U.S, U.S . West Texas, Evans Energy, Organization of, Petroleum Locations: Midland , Texas, Iran, U.S, Tehran, OPEC
3States Certify VotesAfter local officials review and certify results, states must finalize them by Dec. 11. Election officials and experts worry that false claims about fraudulent votes and electors could spark protests and put the electors’ ability to vote at risk. 5Congress Performs the Final CountOn Jan. 6, a newly elected Congress meets at the Capitol to finalize the electoral votes, overseen by the vice president. It is possible that some members of Congress could object to a state’s certification of electoral votes. If no candidate wins a majority of electoral votes, the House would vote to choose the president.
Persons: Donald J, Trump, Jan Organizations: Workers, Electoral College, Electors, Trump, Capitol, Senate
A Florida woman accused of zipping her boyfriend in a suitcase and leaving him in there to suffocate was found guilty of murder on Friday, four years after what she had initially described to authorities as a case of drunken hide-and-seek gone wrong. She said that she had gone upstairs and passed out, and when she woke up, she realized Torres was still inside the suitcase. She said she "moved it around a little bit" while Torres was still inside the suitcase. In the video clips, Boone allegedly mocked Torres as he begged for help, NBC affiliate WESH of Daytona Beach reported. Boone said Torres began pushing on the suitcase and she feared he would get out.
Persons: Sarah Boone, Jorge Torres Jr, Torres, Boone Organizations: Sheriff’s, NBC, Daytona, WESH, Prosecutors Locations: Florida, Orange County, Orange
Federal authorities, meanwhile, say their security procedures are sound heading into Election Day, Nov. 5. Its domestic flight bookings are down 19% for the week of the election compared with the same week last year. That has left more room for political jitters to creep into consumers’ travel considerations, travel agents say. That’s partly why Olivia MacLeod Dwinell, 64, and her husband Ross Dwinell, 74, were in Europe this month. Olivia MacLeod Dwinell and her husband, Ross Dwinnell.
Persons: Emily Reeve, , , Reeve, Ed Bastian Delta, Ed Bastian, Delta, they’d, Kamala Harris, Donald Trump, they’re, Kelly Soderlund, Thibaud Moritz, ” Soderlund, Transportation Security Administration “, Jeffrey Price, Olivia MacLeod Dwinell, Sonia Bhagwan, Ross Dwinell, Dwinell, Ross’s, “ We’re, ” Kimberly Kracun, Kimberly, Ross Dwinnell, Olivia MacLeod Dwinell “, ” Kracun, Chirag, Panchal Organizations: Federal, Delta Air, Ed Bastian Delta Air, CNBC, United Airlines, AFP, Getty, Republican, Trump, Transportation Security Administration, ” Flyers, MMGY Travel Intelligence, Future Partners, Baby Boomers, Chirag Panchal, Dallas Locations: Hawaii , Florida, Portland , Oregon, U.S, Navan, Portland, Europe, London, France, Harpers Ferry, West Virginia, Dallas
The company operates through three segments: Self Care, Skin Health and Beauty, and Essential Health. Self Care product categories include pain care; cough cold allergy; and "other self care." The Skin Health and Beauty segment's product categories include face and body care and hair, sun and others. Skin Health and Beauty has been proven to be a marketing business whose growth can be greatly aided by social media. Kenvue has a solid business with iconic brands and one underperforming segment in Skin Health and Beauty.
Persons: Russell, Johnson, Kenvue, Michael CeraVe, Ken Squire Organizations: Skin, Health, Self, pharma, Colgate, Palmolive, Haleon, Kenvue, Essential Health, L'Oreal, Beauty, Skin Health, Management, 13D Locations: North America, Asia, Europe, Middle East, Africa, America, CY19, CeraVe
“In North Carolina, that makes a lot of sense,” Harris said to Raiklin during the Q&A in front of dozens of GOP attendees. “In North Carolina, I mean, it’s legitimate. Currently, voting is going well in western North Carolina,” Harris said before pointing blame at Rep. Jamie Raskin, D-Md., for voicing doubts about whether he would vote to certify a Trump election victory if there are anomalies. What happens when Elon Musk, Joe Rogan, Donald Trump and Tucker Carlson all call on this? “It’s really important to understand the mainstream Republican goal — to make Donald Trump President whether or not he wins the election,” tweeted Sen. Chris Murphy, D-Conn.
Persons: WASHINGTON, Andy Harris, Donald Trump, Hurricane, Harris, Reagan, Ivan Raiklin, Trump, Raiklin, Harris ’, ” Harris, , Thursday’s, , I’ve, Jamie Raskin, Bob Good, Joe Rogan —, , ” Raiklin, Elon Musk, Joe Rogan, Tucker Carlson, , Sen, Chris Murphy Organizations: Caucus, North, Republican, Republican Party, Maryland GOP, Trump, GOP, Tea, White, House Republicans, Lincoln, SPAN, Republicans, Senate Locations: Carolina, Maryland, Talbot, Lincoln, North Carolina, Arizona, Georgia, North Carolina , New Hampshire , Nebraska , Arizona, Wisconsin, Nebraska, it’s
A World Series matchup for the ages is set to begin. The teams haven’t met in the World Series since 1981, and there are a host of other benchmarks that make this series extra exciting. Sports reporter Rohan Nadkarni explains the significance of this year’s Fall Classic and what to watch for:⚾ What makes the 2024 World Series so exciting? “Nevada” by YoungBoy Never Broke AgainRead more about the 2024 World Series. The report coincidentally comes on the eve of the World Series, one of the biggest sporting events in the U.S.
Persons: Donald Trump, Trump, Chelsea Stahl, Jeff Vega, Brandy Zadrozny, ➡️ Trump, Hitler, Jack Smith, Gen, Harris, Kamala Harris, Barack Obama, Bruce Springsteen, Beyoncé, ➡️ Harris, Harris ’, ➡️ Tim Sheehy, It’ll, Mike Johnson, , haven’t, Rohan Nadkarni, It’s, Ohtani, Aaron Judge, Mookie Betts, Freddie Freeman, Juan Soto, Giancarlo Stanton, ostseason, ames, S. Organizations: NBC, Trump, Election, Republicans, ➡️, Republican, Navy, Los Angeles Dodgers, New York Yankees, American League, National League, Dodgers, Yankees, New, Los Angeles Locations: Michigan, Wisconsin, U.S, Arizona, Nevada, Trump’s, Atlanta, Houston, Montana, New York, ely
China's Ministry of Commerce on Thursday emphasized the country's efforts to restrict illegal exports of military goods to Russia as it seeks to cast Beijing as a neutral player amid the ongoing war in Ukraine. The term refers to goods or technologies that can be used for civilian as well as military purposes. China on Saturday unveiled an export control law for dual-use items, set to take effect Dec. 1. Despite the timing of its release, the text of China's new export control law does not mention specific countries. And Xi did not mention the export controls in during his trip to Russia, according to official statements.
Persons: Xi Jinping, Vladimir Putin, Gabriel Wildau, Xi Organizations: SZ, Technology, China's Ministry of Commerce, Atlantic Treaty Organization, Saturday, U.S Locations: Shenzhen, China, Russia, Beijing, Ukraine, Kazan, Russian, Moscow
A Black man who was fatally shot four years ago by a now-fired white police officer in Columbus, Ohio, complied with commands and was wrongly killed as he walked out of a garage, prosecutors said Thursday. “Officer Coy was not justified in shooting Andre Hill,” prosecutor Renee Amlin told the jury. Hill then walked toward the officers while holding his cellphone when Coy fired his weapon. Detweiler said she and Coy walked toward the dark garage and had “no idea” why Hill was inside it. Columbus Mayor Andrew Ginther has said the shooting was unwarranted and that officers on the scene failed to provide medical assistance.
Persons: Adam Coy, Andre Hill, Coy, Renee Amlin, Kaitlyn Stephens, Stephens, don’t, , ” Stephens, , Hill, Amy Detweiler, Detweiler, Stephen McIntosh, Columbus Mayor Andrew Ginther Organizations: Coy, , Police, NBC, Columbus Police Department, Columbus Mayor Locations: Columbus , Ohio, Columbus
The U.S. dollar traded close to a three-month high against major peers on Thursday, underpinned by expectations for a slower pace interest rate cuts by the Federal Reserve and growing bets of a possible second Donald Trump presidency. The U.S. dollar traded close to a three-month high against major peers on Thursday, underpinned by expectations for a slower pace interest rate cuts by the Federal Reserve and growing bets of a possible second Donald Trump presidency. This week, Kansas City Fed President Jeffrey Schmid said he would prefer to "avoid outsized moves", and Philadelphia Fed President Patrick Harker backed "a slow, methodical approach" to further easing. The dollar has now "punched through key technical resistance levels" against the yen, "opening the door for higher levels", Catril said. Although opinion polls indicate a neck-and-neck race with Democratic rival, Vice President Kamala Harris, cryptocurrency-prediction exchange Polymarket has seen a sharp rise in bets for a Trump win.
Persons: Donald Trump, Jeffrey Schmid, Patrick Harker, Rodrigo Catril, Catril, Trump, Kamala Harris, Christine Lagarde, Mario Centeno Organizations: U.S ., Federal Reserve, Kansas, Philadelphia Fed, Treasury, National Australia Bank, UST, Republican, Democratic, Trump, of, Traders, European Central Bank, Wednesday Locations: Japan, Sunday's
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