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After a tough year for tech, the sector's stocks are "down but by no means out," according to CNBC Pro Talks ' next guest. Gleeson has more than 20 years of investing experience, with a focus on the tech sector. Watch the next Pro Talks on Wednesday, Dec. 21 at 12 p.m. GMT/ 8 p.m. Singapore Time / 7 a.m. EST. Gleeson has more than 20 years of investing experience, with a focus on the tech sector. Watch the next Pro Talks on Wednesday, Dec. 21 at 12 p.m. GMT/ 8 p.m. Singapore Time / 7 a.m. EST.
[The stream is slated to start at 8:45 EST. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is due to give a press conference following the bank's latest monetary policy decision. The ECB, the central bank of the 19 nations that share the euro currency, opted for a smaller rate hike this time around, taking its key rate from 1.5% to 2%. It also said that from the beginning of March 2023 it would begin to reduce its balance sheet by 15 billion euros ($16 billion) per month on average until the end of the second quarter of 2023.
The hearing, which was expected to include Sam Bankman-Fried before his arrest, will stream live. FTX Group's current CEO John J. Ray III is scheduled to testify at the panel. The hearing, titled, "Investigating the Collapse of FTX, Part I" was originally expected to feature testimony by both FTX Group's current CEO, John J. Ray III, and its founder and former CEO, Sam Bankman-Fried, who has indicated plans to appear remotely. Ray III, FTX's current CEO, had some harsh words for Bankman-Fried in his prepared testimony. You can follow along with the House hearing below, which is expected to kick off at 10 a.m. Eastern.
"The White Lotus" season two was filmed at the San Domenico Palace hotel in Taormina, Italy. The season was filmed at the San Domenico Palace Four Seasons luxury hotel in Taormina, a town in the Sicily region of Italy. Getty Images"It has so much personality," "White Lotus" executive producer David Bernad told People Magazine last month. HBOBut if you can get past the alleged hauntings, the San Domenico Palace sounds like a beautiful place experience. Here's how it's described on the website: "Perched on a rocky promontory high above the Ionian Sea, the iconic San Domenico Palace welcomes you to a 14th-century convent reimagined.
WNBA star Brittney Griner arrived back in the United States early Friday after being freed from Russian custody, bringing a nearly yearlong ordeal to an end. Eric Gay / APIn earlier video, Russian media had showed Griner crossing paths with Bout after walking off a Russian plane in Abu Dhabi, where she was met by a U.S. official during the exchange. President Joe Biden, who said he approved the deal that saw Griner freed, said Thursday that she had been "held under intolerable circumstances." In a written statement Thursday night, the Griner family thanked Biden, his administration and others for their efforts. Whelan’s family said they had been told by the Biden administration in advance that he would not be part of the prisoner swap Thursday that freed Griner.
Animals Are Running Out of Places to Live
  + stars: | 2022-12-09 | by ( Catrin Einhorn | Lauren Leatherby | ) www.nytimes.com   time to read: +17 min
In many places, poverty, powerful interests and a lack of law enforcement make habitat loss especially hard to address. Because animals there often have smaller ranges to begin with, habitat loss hits them especially hard. “That's the ultimate challenge of forest conservation globally.”Source: Map of Life | Photo: Chien C. Lee MOZAMBIQUE Estimated habitat in 2001 MADAGASCAR Estimated habitat in 2001 MADAGASCAR Estimated habitat in 2001 MADAGASCAR Estimated habitat in 2001 MADAGASCAR Estimated habitat in 2001 MADAGASCAR Est. habitat in 2001 MADAGASCAR MOZAMBIQUE Estimated habitat in 2001 MADAGASCAR Source: Map of Life | Photo: Chien C. Lee MOZAMBIQUE Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR MOZAMBIQUE Habitat loss in 2021 MADAGASCARThis is the 2001 habitat of the white-headed lemur, a primate that eats fruit and flowers. Of the many targets being negotiated, the one that has gotten the most attention seeks to address habitat loss head on.
Three suspects are at large after a triple shooting Thursday morning at a Washington, D.C., train station — the second shooting on the busy rail system in less than 24 hours, officials said. The latest incident unfolded about 9 a.m. at the Benning Road station, which is on the Silver and Blue Lines of the Washington Metropolitan Area Transit Authority system, police said. The teen, who was hit in the thigh, had life-threatening injuries, according to NBC Washington. The 23-year-old office manager works a block away the Metro Center station, the scene of Wednesday night's fatal shooting. "There are a few of my co-workers that just missed the incident yesterday and the office is pretty empty today.
Analyst Betsy Graseck double upgraded the bank's stock to overweight from underweight, saying JPMorgan will have positive operating leverage next year. Operating leverage indicates how well a company can raise operating income by generating revenue. The analyst said negative operating leverage in 2022 was a "key reason" for her underweight rating, "as operating leverage is the biggest driver of large cap bank stock alpha." The firm expects JPMorgan will deliver 110 basis points of positive operating leverage in 2023, with revenues up 10% and expenses up 9% year over year. "While 110bps isn't an eye-popping number, it's a significant inflection from the last two years of negative operating leverage at JPM (-510bps in 2021,est.
Vice Premier Sun Chunlan said China's pandemic is at a "new stage" that comes with new tasks. Sun's words carry weight as she's the face of China's hardline Covid-zero approach. Hong Kong and Chinese stocks are higher on optimism China is eyeing an exit from a Covid-zero policy. Sun's softening on China's draconian Covid-zero stance carries weight because she's seen as the face of the hardline approach. As the world's second-largest economy after the US, China has been under pressure from pandemic restrictions that are into their third year.
The S & P 500 broke above its 200-day moving average Wednesday for the first time since April and, perhaps more importantly, is on the verge of breaking a downtrend that's been in place all year. JPMorgan has become the latest to lower its 2023 earnings forecast. The bank slashed its 2023 earnings forecast almost 9%, to $205 from $225 (far below the analyst consensus of $231), "on weaker demand and pricing power, further margin compression, and lower buyback activity." 2023 S & P 500 earnings: who's right? In the first half of 2023, "We expect [the] S & P 500 to re-test this year's lows as the Fed overtightens into weaker fundamentals," the strategists said in their note.
England fans have been banned from dressing up as Christian crusaders at World Cup matches. It has been ruled that fans outfitted as crusader knights, including chain mail and carrying plastic swords, is "offensive" to Muslims, The Times reports. The Times reports that two English fans dressed as crusaders were turned away from the England game against Iran on Monday. The announcement came hours before England plays the USA at the 60,000-seater Al Bayt Stadium in Al Khor, north of Doha, at 2 p.m EST. Dressing as a medieval knight sporting the flag of St George has become popular among football fans attending England games in recent years.
Democratic Rep. Mary Peltola won against three others — including Sarah Palin — in Alaska's at-large congressional district. Alaska has only one congressional district and therefore does not go through a redistricting process. Democratic Rep. Mary Peltola of Alaska has defeated three challengers in Alaska's at-large congressional district general election — most notably former Gov. Palin, the former governor of Alaska, has known Peltola for years and served alongside her in the Alaska state house. Although Alaska's 2022 general election, much like the special election, will largely be centered around Peltola and Palin, Alaska's ranked choice voting system makes this a four-way race.
Incumbent Mayor Linda Gorton defeated David Kloiber in Lexington, Kentucky's mayoral race. It symobilizes the 2022 Election. 2022 General EmbedsWhile Lexington's mayoral election is nonpartisan, Gorton is a registered Republican who views herself as an independent. Gorton previously served as vice mayor of Lexington for four years, and on the Lexington-Fayette Urban City Council for 16 years. Kloiber, Gorton's challenger, currently serves in the Lexington City Council.
Rep. Katie Porter ran against Republican Scott Baugh in California's 47th Congressional District. 2022 General EmbedsCalifornia's 47th Congressional District candidatesPorter ran for her third term in the House and sits on the Committee on Oversight and Government Reform. This was Baugh's third time running for the 47th Congressional District seat. Voting history for California's 47th Congressional DistrictCalifornia's 47th Congressional District is an affluent coastal district that covers a large swath of Orange County. Her opponent, Baugh, raised $2.7 million, spent nearly $2.6 million, and had $139,000 cash on hand, as of October 19.
Incumbent Mayor Paulette Guajardo defeated John Wright in Corpus Christi, Texas' mayoral race. Polls closed in the state at 7 p.m. local time. Given the state has multiple timezones, the first polls closed at 8 p.m. EST and the last polls closed at 9 p.m. EST. Prior to her time as mayor, she served on the Corpus Christi City Council for two terms and owned a small business for 15 years. Wright, however, claimed to have lived in Corpus Christi for nearly six years.
Steve Sisolak was defeated by Republican Joe Lombardo in Nevada's gubernatorial race. (3 Districts) Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. NV-01NV-03NV-04 House Governor Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Steve Sisolak was defeated by Republican Joe Lombardo in Nevada's gubernatorial election. His opponent, Lombardo, raised $3.7 million, spent $4.7 million, and had $1.8 million on hand, as of September 30.
Rep. Susie Lee defeated Republican April Becker in Nevada's 3rd Congressional District. RenoNorth Las Vegas MayorDemocratic Rep. Susie Lee defeated Republican newcomer April Becker in Nevada's 3rd Congressional District. 2022 General EmbedsNevada's 3rd Congressional District candidatesLee is a member of the Committee on Education and Labor. Lee defeated her challenger by an 80-point margin in the Democratic primary for Nevada's 3rd Congressional District. Voting history for Nevada's 3rd Congressional DistrictNevada's 3rd Congressional District occupies the southernmost tip of Nevada, including Henderson County and portions of Clark County.
Rep. Steve Horsford defeated Republican Sam Peters in Nevada's 4th Congressional District. Senate Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. (3 Districts) Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. NV-01NV-03NV-04 House Governor Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. RenoNorth Las Vegas MayorDemocratic Rep. Steve Horsford defeated Republican Sam Peters in Nevada's 4th Congressional District.
Rep. Dina Titus defeated Republican Mark Robertson in Nevada's 1st Congressional District. RenoNorth Las Vegas MayorLongtime Democratic Rep. Dina Titus won another bid for reelection against Republican Mark Robertson in Nevada's 1st Congressional District. 2022 General EmbedsNevada's 1st Congressional District candidatesTitus is serving her 6th term in the US House of Representatives. In 2013, Titus returned to Congress after winning in the 1st Congressional District. Voting history for Nevada's 1st Congressional DistrictOnce in the heart of Las Vegas, Nevada's 1st Congressional District now encompasses more of Clark County.
GOP Rep. Lauren Boebert is locked in a razor-tight race for her political survival, trailing her opponent by just 64 votes. Meanwhile, Boebert shared a meme on Twitter on Thursday and said 'Jesus is Lord.' Frisch, who is a businessman and former city councilman, leads Boebert by a mere 64 votes, according to data from Insider's elections partner Decision Desk HQ. ET Wednesday night, the most recent update, Frisch leading Boebert by just .01%. But we need resources to get the ballots cured, get us through to the end, and defeat Lauren Boebert."
Charting the midterms
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: +4 min
Charting the midterms The main takeaways of the 2022 midterm election, visualizedThe 2022 U.S. midterm election results strayed from the pattern of almost every midterm since World War Two, which normally shrinks the footprint of the party in power in both chambers of congress. Presidential party results in the Senate midterms Presidential party results in the Senate midterms since Truman showing that the party in control of the presidency typically suffers heavy losses at the midterms Note: Data as of Nov. 9, 2022 3:00 p.m. EST. Nowhere moreso than in Michigan, where Democratic Governor Gretchen Whitmer, who vowed to "fight like hell" for abortion rights, soundly defeated Republican challenger Tudor Dixon. Competitive races that could impact state abortion rights Table showing the results for states with competitive races that could impact state abortion rights. Democratic Maine Governor Janet Mills won a second term, running on a platform that emphasized healthcare, especially her support for abortion rights.
Democrat Nikki Budzinski defeated Republican Regan Deering in Illinois' 13th Congressional District. Democrat Nikki Budzinski defeated Republican Regan Deering in Illinois' 13th Congressional District. Republican Rep. Rodney Davis, who currently represents the 13th District, was drawn out when the district was newly reconfigured, leaving the seat vacant. Illinois' 13th Congressional District candidatesBudzinski, who is running for Congress the first time, has previous experience in Washington. Voting history for Illinois' 13th Congressional DistrictIllinois' 13th Congressional District spans from Metro East St. Louis to parts of Springfield, Decatur, and Champaign-Urbana.
Democratic US Sen. Catherine Cortez Masto is running against Republican Adam Laxalt in Nevada. Senate Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. RenoNorth Las Vegas MayorDemocratic Sen. Catherine Cortez Masto is locked in one of the nation's closest-watched Senate races in Nevada against Republican Adam Laxalt, a former state attorney general. If Cortez Masto manages to hold on, the GOP's path to 51 seats becomes even more perilous and Democrats' odds of retaining power in the Senate improve. The money raceAccording to OpenSecrets, Cortez Masto has raised $44 million, spent $39.1 million, and has roughly $5.1 million on hand, as of September 30.
Rubio defeated Democratic Rep. Val Demings, a former Orlando police chief. Sen. Marco Rubio is projected to have beaten Democratic Rep. Val Demings. 2022 General EmbedsFlorida's Senate race candidatesRubio has been in the US Senate since 2011. Still, Democrats in Florida see Rubio as vulnerable against Demings, and have invested far more into the Demings-Rubio race than into the Florida governor's race. In comparison, Rubio has raised $44.2 million, spent $34.7 million, and has $9.6 million on hand, as of September 30.
Rep. Cindy Axne ran against Republican Zach Nunn in Iowa's 3rd Congressional District. Democratic Rep. Cindy Axne lost her bid for reelection against Republican state Sen. Zach Nunn in Iowa's 3rd Congressional District. 2022 General EmbedsIowa's 3rd Congressional District candidatesAxne is a member of the Committees on Financial Services and Agriculture. Voting history for Iowa's 3rd Congressional DistrictIowa's 3rd Congressional District is located in the southwestern region of the state. The National Republican Congressional Committee and Congressional Leadership Fund, a pro-Nunn super PAC, account for the majority of that spending.
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