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Bitcoin's halving in April could force crypto miners to sell some tokens, Kaiko Research reported. These firms haven't yet had to tap their bitcoin hoards thanks to high transaction fees, but that could change. The April halving is a pre-coded event in which the amount of bitcoin rewarded to crypto miners is slashed in half. According to Bloomberg, fees jumped amid a burst of meme-coin creation after the halving event. Miners are often known for hoarding bitcoin troves without selling, which analysts have previously pointed out as another price-boosting supply constraint.
Persons: , Kaiko, bitcoin, Peter Brandt Organizations: Research, Service, Bloomberg, Mining, Marathon Digital, BTC
London CNN —Taylor Swift’s smash-hit “Eras Tour” is set to boost spending in the United Kingdom by nearly $1 billion, according to estimates by Barclays. The concerts sold out within minutes of tickets going on sale, with fans spending £206 ($260) on average on a single ticket, Barclays said. While the price tag may seem hefty, it’s much less than many Americans will pay to see the “Eras Tour” back home. “For ‘Eras Tour’ ticketholders, every pound they spend is an investment in the memories they’ll create,” he added. The European leg of the “Eras Tour” includes concerts in Sweden, Portugal, Spain, France, Ireland, the Netherlands, Switzerland, Italy, Germany, Poland and Austria this year.
Persons: London CNN — Taylor Swift’s, Swift, Peter Brooks, Taylor Swift, Elvis, Beatlemania, ” Brooks, That’s “ Organizations: London CNN, Barclays, Barclays ’, Locations: United Kingdom, United States, England, Wales, Scotland, Europe, Sweden, Portugal, Spain, France, Ireland, Netherlands, Switzerland, Italy, Germany, Poland, Austria
Roger Corman, who for decades dominated the world of B movies as the producer or director of countless proudly low-budget horror, science fiction and crime films, has died. Mr. Corman “was able to nurture other talent in a way that was never envious or difficult, but always generous,” Mr. Scorsese said of him. “He once said: ‘Martin, what you have to get is a very good first reel, because people want to know what’s going on. Then you need a very good last reel, because people want to hear how it all turns out. Everything else doesn’t really matter.’ Probably the best sense I have ever heard about the movies.”
Persons: Roger Corman, Corman, , Francis Ford Coppola, Martin Scorsese, Bertha ”, Jonathan Demme, Peter Bogdanovich, Ron Howard, Corman “, Mr, Scorsese, , ‘ Martin Locations: Santa Monica, Calif
President Biden laid it out for Prime Minister Benjamin Netanyahu of Israel long before letting the public know. For the first time, the president who had so strongly backed Israel’s war against Hamas was essentially threatening to change course. Six days later, on Feb. 17, Mr. Biden heard from Secretary of State Antony J. Blinken. Despite the president’s warning, Mr. Blinken reported that momentum for an invasion of Rafah was building. Mr. Netanyahu responded defiantly, vowing to act even “if we need to stand alone.”
Persons: Biden, Benjamin Netanyahu, Israel, Antony J, Blinken, Netanyahu, Organizations: Hamas Locations: Gaza, Rafah, Munich, United States, Israel
Carlos Avila Gonzalez/San Francisco Chronicle/Getty Images The northern lights shine in the night sky above the Molenviergang in Aarlanderveen, the Netherlands, early May 11. Alexey Malgavko/Reuters The northern lights are seen in a rural area west of Fort Lauderdale, Florida, on Friday, May 10. Courtesy Luke Culver People photograph the northern lights from Whitley Bay, England, on May 10. Courtesy Jan Reed The northern lights glow in the night sky in Brandenburg, Germany, on May 10. Increased solar activity causes auroras that dance around Earth’s poles, known as the northern lights, or aurora borealis, and southern lights, or aurora australis.
Persons: Chad Myers, it’ll, Alastair Johnstone, Andrew Chin, Sanka Vidanagama, Carlos Avila Gonzalez, Josh Walet, Robert Nemeti, Jean, Christophe Bott, Max Slovencik, Alexey Malgavko, Luke Culver, Ian Forsyth, Robert F, Geoff Robins, Rich, Jan Reed, Patrick Pleul, Jenny Kane, Adam Vaughan, Jacob Anderson, Peter Byrne, Biden, it’s, Dr, Hakeem Oluseyi, Bill Nye, Guy, , Organizations: CNN, National Oceanic, Prediction, Midwest, Getty, San Francisco Chronicle, Keystone, AFP, Luke Culver People, Rockies, National Weather Service Locations: Alabama, Ohio, Pacific Northwest, North America, Gulf, , Sheffield, England, Manning, British Columbia, Christchurch , New Zealand, AFP, Berryessa , California, Aarlanderveen, Netherlands, Debrad, Slovakia, Anadolu, Le, Dessous, Switzerland, Vienna, Siberian, Tara, Russia's Omsk, Fort Lauderdale , Florida, Whitley Bay, Brunswick , Maine, London , Ontario, Ontario, Tennessee, Washington, Memphis , Tennessee, Rich Hill , Missouri, Brandenburg, Germany, Estacada , Oregon, Cumming , Georgia, Crosby , England, Edinburgh, Scotland, Crosby Beach, Liverpool, Texas, Coast, Sweden, South Africa, United States
He ordered aides to get the Israeli prime minister on the phone and then dressed him down sharply. “It is a holocaust,” Mr. Reagan told Mr. President, I know all about a holocaust.”Nonetheless, Mr. Reagan retorted, it had to stop. Twenty minutes later, he called back and told the president that he had ordered a halt to the shelling. “I didn’t know I had that kind of power,” Mr. Reagan marveled to aides afterward.
Persons: Ronald Reagan, Reagan, Menachem Begin, Mr, Begin, “ Mr, Reagan marveled Locations: Lebanon, Palestinian
Plus, the pandemic and the shift to working from home have made millennials and Gen Z lonelier than ever, thanks in part to doomscrolling. "I believe the conventional 'make friends' apps too closely mimic the dating model, which can feel awkward and high-pressure for making friends," he said. The group hosts "reading parties" at bars and event spaces with the goal of helping people connect through reading. Dinner With Friends, a group that throws dinner parties, has worked on sponsored events with brands like Bumble and Geneva. Dinner With Friends founder Anita Michaud said brands typically either sponsor entire dinners or provide products — like canned cocktails — for the dinner parties.
Persons: , they've, Danial Hashemi, Sydney, Z, millennials, Cliff Lerner, Lisa Oreshkina, Saneblidze, Tom Worchester, Andreessen Horowitz, Victor Pontis, Luma, Liz Chick, Gen, Mira Hobbs, ReCreate's Chick, Anita Michaud, Peter Boyce II, Boyce, Maitree Mervana Parekh, Marlon Nichols, they're, it's, Ben Bradbury Organizations: Service, Business, Sydney Bradley, Big Tech, Tech, Timeleft, Reading, Facebook, VC, Wine, Bumble, New, Acrew, MaC Venture, Reading Rhythms Locations: New York City, Los Angeles, New York, Brooklyn, Squarespace, Lisbon, Amsterdam, London, San Francisco, Geneva
New York CNN —If you use a points-and-rewards credit card offered by an airline in partnership with a big bank, how much are the points you’ve accrued worth in dollars? The terms and conditions of such card programs can be confusing and in some instances they can be changed at any time. “For many families looking to finance a trip or a vacation, those [credit card] benefits are really valuable. “[But] our review of all the fine print suggests that credit card companies and airlines have the power to quickly and dramatically devalue those points by making it more challenging to redeem them. Such a drop in revenue, banks argue, could jeopardize the availability of rewards programs.
Persons: you’re, It’s, , Rohit Chopra, Chopra, Transportation Peter Buttigieg, Rob Nichols, ” Nichols, Nichols, Jaret, Seiberg, Biden, Trump Organizations: New, New York CNN, Department of Transportation, Consumer Financial Protection Bureau, Transportation, American Bankers Association, Cowen Washington Research Group Locations: New York, CFPB, U.S
To understand what is happening now in the Middle East, it may be helpful to remember the dead cat. That was a favorite metaphor for Secretary of State James A. Baker III as he shuttled around the region in 1991 trying to negotiate a complicated deal. The question three decades later is whether today’s players are at that stage of the U.S.-brokered effort to negotiate a cease-fire in Gaza. Mr. Netanyahu in recent days mounted airstrikes and sent tanks into Rafah in a saber-rattling move to make clear he is serious about invading the southern Gaza city. “Part of the motivation is less to reach a deal and more to blame the other guy if it fails.
Persons: State James A, Baker III, Baker, Benjamin Netanyahu, Israel, Netanyahu, Biden, , Aaron David Miller, Baker’s Organizations: State Locations: U.S, Gaza, Rafah, Israel
An Israeli tank near the border with Gaza. The United States paused an arms shipment to Israel last week out of concern that the weapons might be used in a threatened assault on Rafah, Gaza, officials said. Credit... Tsafrir Abayov/Associated Press
Persons: Tsafrir Organizations: United, Associated Locations: Gaza, United States, Israel, Rafah
Not through the phone calls or the emissaries or the public statements or the joint committee meetings. And so, frustrated that he was being ignored, President Biden chose a more dramatic way of making himself clear to Israeli leaders. Mr. Biden’s decision to pause the delivery of 3,500 bombs to Israel was meant to convey a powerful signal that his patience has limits. The hold on the bombs represents a significant turning point in the 76-year-old relationship between the United States and Israel, historically one of the closest security partnerships in the world. The president has objected to such an operation out of fear that widespread civilian casualties could be caused by American bombs.
Persons: Biden, ” Mr, Benjamin Netanyahu, Israel Locations: Israel, Gaza, United States, Rafah
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOver-reliance on the Fed caused market volatility, says Jefferies' David ZervosDavid Zervos, Jefferies chief market strategist; Peter Boockvar, CIO of Bleakley Financial Group; and CNBC's Steve Liesman join 'The Exchange' to discuss the Federal Reserve's pivot on interest rates.
Persons: Jefferies, David Zervos David Zervos, Peter Boockvar, Steve Liesman Organizations: Fed, Jefferies, Bleakley Financial
The disclosure came as part of Hamas’s counteroffer to Israel’s latest proposal, which envisions a first-phase, six-week cease-fire in exchange for the return of some of the hostages taken during the Oct. 7 terrorist attacks. It was not clear whether Hamas revealed how many of the 33 are still alive and how many are dead. The Israelis initially wanted 40 to be released in the first phase but came to understand that Hamas did not hold that many who fit the criteria. Israeli and American officials have long assumed that some of the hostages may be dead. Protesters blocked major roads in Jerusalem and Tel Aviv late Monday after Hamas’s counteroffer.
Persons: Benjamin Netanyahu’s, Hamas’s counteroffer Locations: Israel, Jerusalem, Tel Aviv
Trump, Biden and a Split Screen Made for This Moment
  + stars: | 2024-05-07 | by ( Peter Baker | ) www.nytimes.com   time to read: +1 min
It was perhaps a twisted cosmic coincidence that President Biden’s nationally televised speech on Holocaust remembrance would take place at the exact moment that former President Donald J. Trump was in a courtroom confronted by Stormy Daniels’s testimony about a sexual tryst gonewrong. But the surreal synchronism of the disparate events 182 days before the election captured the sometimes unreal reality of a presidential race like none before it, at once profound and tawdry, a contest with momentous consequences and a circuslike surround sound. A nation grappling with two wars overseas and campus unrest at home is also being asked to parse through the unseemly details of a married man’s purported dalliance with a woman who had sex on camera professionally. This may not have been what the founders had in mind when they established the presidency, watching Mr. Biden’s speech at the Capitol condemning “a ferocious surge of antisemitism” while internet feeds provided the latest from Ms. Daniels’s account about the particular coital position she and Mr. Trump assumed. Yet so goes 2024, a year of twists and turns that defy history and the imagination.
Persons: Biden’s, Donald J, Trump, Stormy, Organizations: Capitol Locations: Dachau
President Biden paused an arms shipment to Israel last week to prevent the U.S.-made weapons from being used in a long-threatened assault on the city Rafah, administration officials said on Tuesday night, a sign of the growing rift between Washington and Jerusalem over the conduct of the war. The president withheld 1,800 2,000-pound bombs and 1,700 500-pound bombs that he feared could be dropped on Rafah, where more than one million Gazans have taken refuge, the officials said. The administration is reviewing whether to hold back future transfers, including guidance kits that convert so-called dumb bombs into precision-guided munitions. Israeli officials disclosed the weapons pause to Axios earlier this week, but U.S. officials refused to confirm it either at briefings or privately until Tuesday night. Confirmation of the arms pause came just hours after Israel sent tanks into the city in southern Gaza.
Persons: Biden, Biden’s, Israel Organizations: Biden’s Democratic, Hamas Locations: Israel, U.S, Rafah, Washington, Jerusalem, Gaza
Inside the White House Scramble to Broker a Deal in Gaza
  + stars: | 2024-05-06 | by ( Peter Baker | ) www.nytimes.com   time to read: +1 min
Over the course of a few hours, the news from the Middle East came into the White House Situation Room fast and furious. Israel orders 100,000 civilians out of Rafah in prelude to invasion. Hamas “accepts” cease-fire deal, potentially precluding invasion. Israel conducts strikes against Rafah, possibly opening invasion. The war-is-on-off-on-again developments on Monday left White House officials scrambling to track what was happening and what it all meant.
Persons: , , Israel — Organizations: White House Locations: Rafah, Israel, United States
“We were very close, but Netanyahu’s narrow-mindedness aborted an agreement,” Mousa Abu Marzouk, a senior Hamas official, said in a phone interview. The Israeli official said that Israel had sought a written response to its latest proposal from Hamas before dispatching a delegation, but that the group never conveyed one. Mr. Abu Marzouk was the only one of the officials who spoke about the talks to allow the use of his name. Hamas, Mr. Abu Marzouk said, thought that Mr. Netanyahu wanted an agreement that would permit Israel to invade Rafah after its hostages are released. A report in Al-Qahera News, an Egyptian state-owned television channel, said that a Hamas delegation would return to Cairo on Tuesday, but the senior Hamas official said that the group hadn’t made a decision yet.
Persons: Israel, Benjamin Netanyahu, Netanyahu, Mousa Abu Marzouk, Biden, won’t, , Abu Marzouk, Mr, Bill Burns, Mohammed bin Abdulrahman, Peter Baker, Michael Crowley Organizations: Hamas, Sunday, Central Intelligence Agency, Qatari, Qahera Locations: Gaza, Israel, Cairo, Rafah, Kerem, United States, Mohammed bin Abdulrahman Al Thani, Doha, Al
It has become the topic of the season at Washington dinner parties and receptions. It’s a gallows humor with a dark edge. Much of official Washington is bracing for the possibility that former President Donald J. Trump really could return — this time with “retribution” as his avowed mission, the discussion is where people might go into a sort of self-imposed exile. Whether they mean it or not, the buzz is a telling indicator of the grim mood among many in the nation’s capital these days. The “what if” goes beyond the normal prospect of a side unhappy about a lost election.
Persons: Biden, Donald J, Trump, Locations: Washington, Portugal, Australia, France, Poland
Trainer Todd Pletcher watches as Kentucky Derby entrant Fierceness works out on Kentucky Oaks Stakes Day, one day before the 150th running of the Kentucky Derby, at Churchill Downs in Louisville, KY on Friday, May 03, 2024. It's the 150th Kentucky Derby. Wet weather could benefit six horses that have won in the mud or slop before, including early favorites Fierceness and Sierra Leone. The Kentucky Derby winner earns $3.1 million from the record purse of $5 million. Trainer Todd Pletcher, who saddles Fierceness, is in the Kentucky Derby for the 24th year and it never gets old.
Persons: Todd Pletcher, Fierceness, Dan, John Velazquez, Peter Brandt, Larry Demeritte, Demeritte, Young, Wayne Lukas, Frankie Dettori, He's Organizations: Kentucky Derby, Kentucky Oaks, 150th Kentucky Derby, Society, Saratoga Locations: Kentucky, Churchill Downs, Louisville , KY, Churchill, Sierra Leone, Bahamas, Japan, Italian
One critic described it as "one of the worst films of the decade ." Peter Bradshaw, The Guardian film critic, said the film was "amiable and funny." Richard Roeper, the Chicago Sun Times entertainment columnist, wrote that the film was "one of the worst films of the decade so far." William Bibbiani, a critic for The Wrap, began his review with: "Jerry Seinfeld's new comedy 'Unfrosted' is an impressive film. Tim Robey, The Telegraph film critic, described his viewing experience as "trapped in a writers' room full of stale air."
Persons: Drew Tarver, Mikey Day, Kyle Mooney, Andy Daly, Isaiah Lamb, John P, Johnson, Peter Bradshaw, Richard Roeper, William Bibbiani, Jerry Seinfeld's, It's, it's, Tim Robey Organizations: Netflix, Guardian, Chicago Sun Times, The Telegraph
The Protesters and the President
  + stars: | 2024-05-03 | by ( Michael Barbaro | Jonathan Wolfe | Peter Baker | ) www.nytimes.com   time to read: 1 min
Warning: this episode contains strong language. Over the past week, students at dozens of universities held demonstrations, set up encampments and, at times, seized academic buildings. In response, administrators at many of those colleges decided to crack down and called in the local police to detain and arrest demonstrators. As of Thursday, the police had arrested 2,000 people across more than 40 campuses, a situation so startling that President Biden could no longer ignore it. Jonathan Wolfe, who has been covering the student protests for The Times, and Peter Baker, the chief White House correspondent, discuss the history-making week.
Persons: Biden, Jonathan Wolfe, Peter Baker Organizations: The Times, White House
President Biden traveled on Thursday to North Carolina, a possible swing state in the fall election, to promote his efforts to replace toxic lead pipes as part of his administration’s program to expand and upgrade the nation’s network of roads, airports and other critical infrastructure. “Until the United States of America, God love us, deals with this, how can we say we’re a leading nation in the world?” he told a crowd of supporters at the Wilmington Convention Center. “For God’s sake, we’re better than this.”Mr. Biden has committed to replacing all lead pipes across the nation within a decade. Lead exposure can affect brain development in children, damage kidneys and interfere with the production of red blood cells that carry oxygen. The administration estimates that more than nine million homes, schools, day care centers and businesses still receive water through lead pipes, particularly in communities of marginalized people.
Persons: Biden, Mr Organizations: Wilmington Convention Locations: North Carolina, Wilmington, United States of America
“No president has spoken more forcefully about combating antisemitism than this president,” she said. Since then, Mr. Biden has left it to aides to speak for him, trying to balance the free speech rights of protesters with rejection of violence and antisemitic statements. “Americans have the right to peacefully protest as long as it’s within the law and it’s peaceful,” Ms. Jean-Pierre said. “Forcibly taking over a building is not peaceful. “I hope the president speaks as boldly and as forcefully as this moment requires,” Mr. Deutch told Julie Mason on her Sirius/XM radio show.
Persons: Jean, Pierre, Mr, Biden, , , Ms, Pierre said, Ted Deutch, Deutch, Julie Mason, Donald J, Trump, Adolf Hitler Organizations: Columbia University, American Jewish Committee, Mr, Sirius, XM, Republicans, Jewish Locations: Florida
Bitcoin may have peaked for this cycle, and what awaits investors could be a steep fall in the token's value. That's from Peter Brandt, a veteran chart analyst who forecast bitcoin's price plunge in 2018. He notes that the gain in each bitcoin bull cycle from 2009 to 2021 has declined by 20%. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "The fact is that the bull market cycles in Bitcoin have lost a tremendous amount of thrust over the years," he said.
Persons: Peter Brandt, , Bitcoin, Brandt Organizations: Service
When students took over Hamilton Hall at Columbia University in April 1968, a young Joe Biden was studying law 250 miles away, just weeks from graduation. Protests and chanting and tie-dye shirts were not his style. “I was in law school,” he later recalled. Having traded up from sports coats in the Syracuse University law school library to suit coats in the Oval Office, however, Mr. Biden cannot simply shrug off the uproar on American college campuses as he once could. Mr. Biden has sought to walk a careful line in recent days as protests have mushroomed and in some cases led to suspensions and arrests.
Persons: Joe Biden, , , Biden, Lyndon B, Johnson, Mr, Joe ” Organizations: Hamilton Hall, Columbia University, Syracuse University, Israel, Jewish Locations: Gaza
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