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☆ Rep. George Santos, who admitted lying about his resume, announces 2024 reelection bid
▼ + stars: | 2023-04-17 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Rep. George Santos, the freshman Republican lawmaker from New York whose brief time in office has been draped in scandal, announced Monday he will seek reelection in 2024. A press release shared Monday afternoon on Santos' Twitter page did not acknowledge his tumultuous start in Congress. Some polls have found that voters in Santos' district view him overwhelmingly unfavorably across party lines. Before being sworn into office in early January, Santos admitted that he had "embellished" his education credentials and his work experience. CNBC reported last week that Santos may soon face his first Democratic challenger: former Democratic Rep. Tom Suozzi, who previously represented the district.

These included hacking mobile phone messages, bugging calls, getting private information such as medical records by deception or "blagging", and "commissioning the breaking and entry into private property", their lawyer David Sherborne said. Harry, who flew in from his California home, sat just feet away from reporters, watching intently and taking notes. Elton John, Furnish, Frost and another claimant, Doreen Lawrence, mother of Black teenager Stephen Lawrence who was murdered in a 1993 racist attack, were also in court on Monday. Harry hugged Lawrence at the end of the day's hearing and chatted to her and Furnish, and gave a thumbs up to crowds outside as he left court. [1/8] Britain's Prince Harry, Duke of Sussex, arrives at the High Court in London, Britain March 27, 2023.

☆ Mistakes by the US's top spies allowed China to turn a deadly mid-air collision into an intelligence coup
▼ + stars: | 2023-03-22 | by ( James Bamford | ) www.businessinsider.com time to read: +36 min

On April 1, 2001, a US EP-3 spy plane collided with a Chinese fighter jet over the South China Sea. One of eleven left in the fleet, the tired 1960s-era spy plane bristled with porcupine-like antennas. Within minutes, however, the fighters had reached the lumbering spy plane, and while Zhao Yu hung back about a half-mile, Wang Wei rapidly closed in. In severe trouble, he immediately radioed the base, telling them he was unable to maneuver and being sucked in by the spy plane. "You are not allowed aboard the aircraft," Osborn said.

☆ A Simple Trick Helped Me Cut Back on Screen Time, Break My Phone Addiction
▼ + stars: | 2023-03-05 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +13 min

To try and break my habit, I decided to slow down my phone experience with a new app called One Sec. Plus, studies have shown that things like app limits that merely measure your screen time won't break compulsive habits. Sandy Gould, a senior computer-science lecturer at Cardiff University, has researched ways to curb our compulsive phone tendencies. Frederik Riedel, the German-based developer of the app, told me that creating better boundaries was the motivation behind the development of the app. I can attest to that figure: One Sec has nearly halved my compulsive Twitter use.

☆ Travelers say hotel resort fees have gotten completely out of control. Now Biden wants to get rid of them.
▼ + stars: | 2023-02-23 | by ( John L. Dorman | ) www.businessinsider.com time to read: +8 min

Resort fees are a top frustration for travelers, who are dismayed by the added costs to hotel rates. President Biden in his recent State of the Union address called on lawmakers to bar resort fees. How resort fees began to spreadResort fees aren't a totally new phenomenon. As the resort fees migrated to other properties, they took on other names, like "amenity fees" or "facility fees." President Biden spoke out against resort fees during his State of the Union address earlier this month.

☆ Three Years Into Covid, We Still Don’t Know How to Talk About It
▼ + stars: | 2023-02-22 | by ( Jon Mooallem | Photographs Ashley Gilbertson | ) www.nytimes.com time to read: +53 min

It will play out and reverberate for years or decades, Hagen told me. “The pathological normal,” Hagen calls it: a patchwork of homespun, bespoke realities, each one invested in a different story about what exactly happened when Covid ruptured the story of our lives. garb.”More than once, life seemed to be attaining “an uncanny resemblance to normal life,” as one man put it. But because we don’t totally understand where that experience has delivered us, we don’t know the right gloss to give it. “The days are strange,” one public-school teacher told Milstein toward the end of his first interview, in May 2020.

☆ Snap is cutting back spending on Google and Amazon for cloud services, a huge expense for tech companies
▼ + stars: | 2023-02-17 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Other companies like Twitter are also moving to cut back on cloud costs. The Snapchat owner uses both Google Cloud and Amazon Web Services to operate. When Snap went public in 2017, it disclosed Google Cloud and Amazon Web Services as cloud providers. It said it had agreed to pay Google $2 billion for cloud services over the next five years, purchasing at least $400 million per year in services. Cloud services have for the last several years become a major source of revenue for companies like Google, Amazon, and Microsoft.

☆ Wholesale prices rose 0.7% in January, more than expected, fueling inflation increase
▼ + stars: | 2023-02-16 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Inflation rebounded in January at the wholesale level, as producer prices rose more than expected to start the year, the Labor Department reported Thursday. On a 12-month basis, headline PPI increased 6%, still elevated but well off its 11.6% peak in March 2022. The PPI increase came amid a 5% increase in energy costs but a 1% decline in food. About one-third of that increase came from a 6.2% increase in the gasoline index. The services index rose 0.4%, pushed by a 0.6% increase in prices for final demand services less trade, transportation and warehousing.

☆ Gold firms in run-up to U.S. inflation reading
▼ + stars: | 2023-02-14 | by ( ) www.cnbc.com time to read: +2 min

Meat bans, soaring gold prices and Britain voting to 'un–Brexit' could be on the cards for 2023, according to Saxo's Outrageous Predictions. Gold prices rose on Tuesday as the dollar retreated, with investors bracing for U.S. inflation data that could determine the Federal Reserve's next moves in its monetary policy plans. Spot gold was up 0.2% at $1,857.22 per ounce, as of 0305 GMT, after falling to its lowest since early January in the previous session. Gold is highly sensitive to rising interest rates, which lift the opportunity cost of holding the non-yielding asset. Several Fed policymakers have recently signaled that more interest rate hikes were needed to bring inflation down to its 2% target.

☆ Ojo, a home-listings site aiming to rival Zillow, sells its Canadian operations to Royal Bank of Canada and raises funds from Vista Equity Partners in combined deal of nearly $200 million
▼ + stars: | 2023-02-07 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +3 min

Home-listings company Ojo Labs sold its Canadian operations to the Royal Bank of Canada. The transactions, totaling nearly $200 million, will help Ojo navigate a bumpy housing market. "We put the company in an extremely healthy cash position, while others are having to retrench," Berkowitz told Insider. These services can differentiate Ojo from Zillow and Realtor.com, which are most intently focused on the home transaction. CoStar, the real estate data giant that's reached a dominant position in commercial real estate data, has recently trained its eye on residential listing platforms.

☆ Eli Lilly's post-earnings decline is creating a buying opportunity for long-term investors
▼ + stars: | 2023-02-02 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Eli Lilly (LLY) reported mixed fourth-quarter results Thursday morning, but we're looking through the stock's post-earnings sell-off because there's no change to the pharmaceutical giant's bright long-term potential. Bottom line There's definitely some noise surrounding Eli Lilly's results, including sales of its key diabetes drug Mounjaro. Eli Lilly began its rolling submission to the FDA in late 2022. None of them undercut the multiyear Eli Lilly investment story, making Thursday's stock sell-off an attractive buying opportunity. It is a "very complicated" process to make that kind of drug, Ricks said, so it cannot just scale up overnight.

☆ An 81-year-old brain doctor's 7 'hard rules' for keeping your memory 'sharp as a whip'
▼ + stars: | 2023-02-02 | by ( Richard Restak | ) www.cnbc.com time to read: +4 min

Neglecting your brain health can make you vulnerable to degenerative brain diseases like Alzheimer's and other forms of dementia. As a neuroscientist, I've spent decades guiding patients with memory problems through brain-enhancing habits and exercises — many of which I practice, too. Here are seven brain rules I follow to keep my memory sharp as a whip:1. Eat brain foods. Get in the habit of converting anything which you find hard to remember into a wild, bizarre or otherwise attention grabbing image.

☆ Rule-bending Chelsea take transfer gamble to give Potter ultimate selection headache
▼ + stars: | 2023-02-01 | by ( Peter Hall | ) www.reuters.com time to read: +4 min

Premier League soccer clubs spent a record 815 million pounds ($1.00 billion) in the January transfer window, an analysis from Deloitte's Sports Business Group said on Wednesday. It has, however, angered those who claim the Premier League is becoming a de facto European Super League due to its spending power. "What I'm worried about is the Premier League, and I've been worried for many years now," Spain's La Liga president Javier Tebas told a new conference this month. There is no sustainability in the Premier League. The Premier League is not a financially sustainable model."

☆ Demonstrations, calls for police reforms flood Memphis
▼ + stars: | 2023-01-29 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

MEMPHIS, Tennessee — Hundreds of peaceful demonstrators, fueled by newly released body camera footage showing the brutal beating of Tyre Nichols by police officers, demanded justice, accountability and police reform Saturday afternoon. “We’re used to having issues with police in this city.”Body camera footage of Nichols being savagely beaten by Memphis officers on Jan. 7 was released Friday night, igniting protests across the U.S. For Memphis demonstrator Joshua Lewis, 18, he said he wasn’t surprised by the actions of the officers who were caught on camera beating Nichols. “It angered me to see the video of Tyre but this is normal (in Memphis) and I feel that it’s time for a change. “The corruption of the Memphis police and the death of Tyre Nichols, we’re just tired altogether.

Towns said the lawmakers could have until early spring, otherwise, to develop and fine tune any proposals that emerge from Nichols' death. Share this -Link copiedMemphis police’s vaunted Scorpion unit is deactivated after Tyre Nichols' death Memphis police’s vaunted Scorpion unit has been permanently deactivated. Share this -Link copiedNFL calls for change after 'senseless death' of Tyre Nichols A day after the release of video showing the police beating of Tyre Nichols, the NFL on Saturday condemned the violence. Demonstrations continued Saturday in Atlanta, Boston and Charlotte following the release of video footage showing five former Memphis police officers beating Tyre Nichols, who died on Jan. 10. Attorney Blake Ballin’s comments follow the release of video footage showing the officers punching and kicking Tyre Nichols during a Jan. 7 traffic stop.

☆ Memphis police's Scorpion unit is permanently deactivated after Tyre Nichols' death
▼ + stars: | 2023-01-28 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

The Memphis Police Department said it has permanently deactivated its Scorpion Unit following the death of Tyre Nichols. "In the process of listening intently to the family of Tyre Nichols, community leaders, and the uninvolved officers who have done quality work in their assignment, it is in the best interest of all to permanently deactivate the SCORPION Unit,” the department said in a statement Saturday. “The officers currently assigned to the unit agree unreservedly with this next step. All five of the officers were members of Scorpion, which stands for Street Crimes Operation to Restore Peace in Our Neighborhoods. They were fired by the police department and charged with Nichols' murder.

☆ Mpox has faded in the U.S. Who deserves the credit?
▼ + stars: | 2023-01-11 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

Today, reports of new cases are down to a trickle in the U.S. Health officials are shutting down emergency mobilizations. “It’s really impressive how that peak has come down to very, very low levels.”So who deserves the credit? Mpox cases began emerging in Europe and the U.S. in May, mostly among men who have sex with men. In early August, U.S. health officials decided to stretch the limited supply by giving people just one-fifth the usual dose. “The monkeypox virus essentially loses steam after a couple of rounds in humans,” Morse said.

☆ Asia-Pacific markets set to rise as China reopens borders with Hong Kong
▼ + stars: | 2023-01-09 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

While some economists anticipate a half point hike after that meeting, traders in the futures market put greater odds on a smaller, 25 basis point hike. A basis point equals 0.01 of a percentage point. "It's pricing 100% chance of a 25 basis point hike, and a 30% chance for an additional 25. "The market is still expecting the Fed to go another 60, almost 70 basis points," he said. Boockvar said the end point for the Fed matters more than if it raises by 25 basis points or 50 when it next meets.

☆ Markets rally on signs inflation is abating, as investors look to next week's consumer price data
▼ + stars: | 2023-01-06 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Later in the day, markets were also buoyed by the ISM's nonmanufacturing purchasing managers' index, which said the services industry contracted last month. The next big test will be December's consumer price index report, to be released Thursday. Meanwhile, the fourth-quarter earnings season kicks off next Friday, when the banks – including Club holding Wells Fargo (WFC) – are set to report. On Thursday, the December ADP employment report was released, showing an additional 235,000 jobs, well above the 153,000 expected by analysts. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

It’s quite remarkable.”In his first five-year term on the Standing Committee, Wang ran the party's secretariat, an organ responsible for day-to-day affairs. In Xi's third leadership term, Wang is on track to be in charge of the Chinese People's Political Consultative Conference, an advisory body. "All the major slogans, from Jiang Zemin to Hu Jintao to Xi Jinping, seem to have come from Wang Huning," Lam said. 'AMERICA VS. AMERICA'Where most Standing Committee members have experience such as running a major city or province, Wang is an academic. During 1989's pro-democracy student protests, Wang told Xia not to stand with the students, a warning Xia did not heed.

☆ Stocks rally sputters as growth fears deepen
▼ + stars: | 2022-12-07 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

"We might be transitioning from a situation of worrying about inflation and interest rates, to one where the negatives become weakening growth and falling profits." The growth fears rallied longer-dated bonds and helped the safe-haven U.S. dollar to pause its recent retreat. That is more than 80 bps below the two-year yield as investors reckon on high rates hurting growth. The Australian dollar was broadly steady at $0.6696 despite Australian third-quarter growth coming in a bit below forecasts. The Canadian dollar hovered at 1.3644 per dollar ahead of an expected rate hike from the Bank of Canada later on Wednesday.

☆ Stocks rally sputters as growth fears resurface
▼ + stars: | 2022-12-07 | by ( Tom Westbrook | ) www.reuters.com time to read: +3 min

SINGAPORE, Dec 7 (Reuters) - Asia's stockmarkets wobbled lower on Wednesday as reality bit on hopes for a soft economic landing in the United States, and investors curbed their enthusiasm about China's reopening. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.4% and Japan's Nikkei (.N225) fell 0.5%. The growth fears rallied longer-dated bonds and helped the safe-haven U.S. dollar to pause its recent retreat. That is more than 80 bps below the two-year yield as investors reckon on high rates hurting growth. The Australian dollar was broadly steady at $0.6707 despite Australian third-quarter growth coming in a bit below forecasts.

☆ Georgia Sen. Raphael Warnock's runoff victory is a testament to how he connected with voters though faith
▼ + stars: | 2022-12-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +10 min

During the Georgia Senate race, Raphael Warnock didn't stray from his deep roots in the church. Warnock effectively engaged with a wide range of voters in a state that can be tough for Democrats. Warnock defeated former University of Georgia football legend Herschel Walker to secure a full six-year term in the Senate. Warnock, the pastor of Ebenezer Baptist Church in Atlanta, campaigns at the Ebenezer Baptist Church in Eatonton, Ga., on August 18, 2022. And he acknowledged that while many Americans have faced challenges in recent years, retaining a sense of faith was important.

☆ A razor-thin Senate buffer and 2024 chances are at stake in Georgia's runoff next week between Raphael Warnock and Herschel Walker
▼ + stars: | 2022-11-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Early voting has started for the Georgia Senate runoff between Raphael Warnock and Herschel Walker. A Warnock victory would usher in a 51-49 Democratic majority, while the GOP hopes for a 50-50 split. Georgia Republican Senate nominee Herschel Walker speaks with supporters during a campaign rally in Milton, Ga., on November 21, 2022. Angus King of Maine and Bernie Sanders of Vermont — who caucus with the Democratic Party, creating an equal split in the upper chamber. However, some Republicans would prefer that Trump remain at Mar-a-Lago, worried that he could cost them another Senate win.

Nov 28 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Thousands of people are taking to the streets in several cities across the country in an unprecedented protest against the government's stringent COVID restrictions after a deadly apartment fire in Urumqi in the country's far west. The wave of civil disobedience and clashes between protestors and police come amid mounting frustration over President Xi Jinping's signature zero-COVID policy. It's safe to say that this does not happen very often, and the world is watching intently to see how Beijing handles the brewing crisis. From an immediate market perspective, the COVID surge and nationwide unrest snuff out any hope China is about to re-open its economy.

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