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☆ Washington Post publisher, CEO Fred Ryan to depart after overseeing growth under Jeff Bezos
▼ + stars: | 2023-06-12 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +7 min

From left, Washington Post Publisher Fred Ryan, Executive Editor Marty Baron, and National Security Editor Peter Finn, applaud as investigative reporter Tom Hamburger speaks to the newsroom after The Washington Post wins two pulitzer prizes, Monday, April 16, 2018, in Washington. Washington Post publisher and CEO Fred Ryan announced on Monday that he will step down from the helm of the newspaper in August. In a statement, the Washington Post said that it saw multiple years of profitability and a dramatic jump in digital subscriptions under Ryan. Read Fred Ryan's memo to employees here:Subject: Message for Washington Post ColleaguesDear Washington Post Colleagues,Nine years ago, I was honored to be selected by Jeff Bezos to be Publisher and CEO of The Washington Post. Read Jeff Bezos' memo here:Subject: Message for The Washington Post TeamDear Washington Post Team,I want to express my deepest gratitude and appreciation to Fred for his dedicated service to The Washington Post as our Publisher and CEO.

Persons: Fred Ryan, Marty Baron, Peter Finn, Tom Hamburger, Ryan, Jeff Bezos, Ronald Reagan, Jeff, Bezos, Patty Stonesifer, Melinda Gates, Read Fred Ryan's, We've, we've, Fred, Read Jeff Bezos, he's, I'm, She'll, Patty, You'll Organizations: Washington Post, National Security, Washington . Washington Post, Amazon, Foundation, Melinda Gates Foundation, Microsoft, The Washington Post, Innovative Media, Fast Company, Ronald Reagan Presidential Foundation and Institute, The Washington Post Team, Washington Post Team Locations: Washington .

Global central bank meetings will be under the spotlight this week, including the U.S. Federal Reserve, the Bank of Japan as well as the European Central Bank. Indonesia's consumer confidence, Malaysia's retail sales and India's industrial production and inflation rates will be published as well. Tuesday will be a market holiday in South Korea and Indonesia will publish its retail sales for the month of April. South Korea's import and export prices for May will be out on Wednesday alongside its unemployment rate. On Friday, Singapore's non-oil domestic exports for May will be published and the Bank of Japan will conclude its central bank meeting.

Persons: Singapore's, — Jihye Lee Organizations: U.S . Federal Reserve, Bank of Japan, European Central Bank, Federal, Market, Central Bank Locations: South Korea, Indonesia, U.S, China, New Zealand

☆ Ray Dalio says Treasurys are risky, and stocks are a better bet here
▼ + stars: | 2023-06-12 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire investor Ray Dalio thinks U.S. government bonds are becoming risky as the country falls deeper into its debt crisis. "I think it's a very risky investment," Dalio said Monday on CNBC's " Squawk on the Street " when asked about Treasurys. "Other countries still are increasingly feeling worried about sanctions," Dalio said. In such an environment, equities tend to do better than government bonds, Dalio said. It devalues money," Dalio said.

Persons: Ray Dalio, Dalio, Richard Nixon Organizations: Bridgewater Associates, Federal Reserve

☆ Stock futures are flat ahead of key May inflation report
▼ + stars: | 2023-06-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures were little changed in overnight trading after the S&P 500 and Nasdaq Composite each notched their highest close since April 2022. Futures tied to the S&P 500 and Dow Jones Industrial Average futures traded flat. Stocks capped off another positive session Monday as hope mounted that the Federal Reserve will skip a rate hike at its next policy meeting beginning Tuesday. Economists surveyed by Dow Jones expect inflation to show signs of easing, forecasting 0.1% month-over-month rise in prices, versus a 0.4% increase in April. "If the U.S. economy is dealt a hot report, the Fed may have to debate delivering one more rate hike and possibly signal they might need to stand ready to do more."

Persons: Dow Jones, Ed Moya Organizations: New York Stock Exchange, Stock, Nasdaq, Wall, Oracle, Dow Jones Industrial, Stocks, Federal Reserve, Dow Jones Locations: U.S

☆ The S&P 500 could pop after Tuesday’s consumer price index report, JPMorgan’s trading desk says
▼ + stars: | 2023-06-12 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The latest reading on the U.S. consumer price index, a widely followed inflation gauge, is slated for release Tuesday at 8:30 a.m. The S & P 500 would pop between 0.75% and 1.25% under this scenario, JPMorgan said. The S & P 500 would trade between breakeven and 0.5% higher under this outcome, the traders predicted. The clear winner here would be the tech sector, JPMorgan traders said. The S & P 500 would drop 2.5% to 3% under this outcome.

Persons: Dow Jones, Buckle, — CNBC's Michael Bloom Organizations: CPI, Federal, JPMorgan, Services Locations: U.S, breakeven

☆ Your vintage Barbie doll could fetch as much as $27,000 on the resale market, new research shows
▼ + stars: | 2023-06-12 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Your vintage Barbie dolls sitting at home could make you a quick buck, according to new research. BonusFinder made a list of the most valuable Barbies of all time and their maximum resale price. The first Barbie – released in 1959 for just $3 – has a maximum resale value of $27,450. The second most valuable Barbie doll is Dahlia Barbie, created by Robert Best in 2006, and has a resale value of up to $2,423. The maximum resale value for other Barbies on Bonus Finder's list ranged from $886 to $1,451.

Persons: BonusFinder, Barbie –, —, there's, Ruth Handler, Barbie, Dahlia Barbie, Robert Best, Greta Gerwig's, Margot Robbie, Ryan Gosling Organizations: Service, Mattel

Food inflation, which accounts for nearly half of the overall consumer price basket, moderated to 2.91% in May against 3.84% in April. "Food inflation benefited from a sequential fall in the prices of fruits and oils," said Suvodeep Rakshit, economist at Kotak Institutional Equities. Core inflation, which had been easing after being a key concerns for months, remained below 6% for a third consecutive month. According to two economists' estimates, core inflation was 5.02% in May, compared with 5.2% in April. The Indian government does not release figures of core inflation, which strips out volatile food and energy prices.

Persons: Suvodeep Rakshit, Devendra Kumar Pant, Nikunj Ohri, Aftab Ahmed, Andrew Heavens Organizations: Reserve Bank of India's, Reuters, El, Thomson Locations: DELHI, Asia, India

☆ Ron DeSantis Finds a New Set of Laws to Ignore - The New York Times
▼ + stars: | 2023-06-12 | by ( David Firestone | ) www.nytimes.com time to read: +2 min

The transfer is only one of the ways Mr. DeSantis is pushing the limits of the campaign finance system. The super PAC supporting his presidential run, bearing the schoolboy name of “Never Back Down,” has made it clear that it has a dangerously broad view of what its role should be. Those ads are bad enough, but Never Back Down is going much further by essentially taking over many of the main functions of the DeSantis campaign itself. As The Washington Post recently reported, the super PAC is opening office space in each of the early primary states, organizing a corps of door-knockers and volunteers, and launching a “Students for DeSantis” effort on university campuses, among other grass-roots organizing work. “This is going to be expansive and a completely different kind of super PAC,” Kristin Davison, the chief operating officer of Never Back Down, told The Post.

Persons: DeSantis, ”, they’ve, ” Kristin Davison, South Carolina — Organizations: PAC, Washington Post, The Times, Labor Locations: New Hampshire , Nevada, South Carolina

☆ The Best Men’s Bathing Suits for Swimming and Sunning
▼ + stars: | 2023-06-11 | by ( ) www.wsj.com time to read: +6 min

There’s no shortage of options out there—that’s why we polled a handful of style pros on the best suits to shop. Stretch swim trunksKeep it classic with another favorite of Singh’s: These 6-inch inseam shorts from J.Crew. He considers these Banana Republic swim shorts worthy of water and land, given their zip fly and fade-proof fabric. Fun and flashyLet’s say you’re in the market for a playful bathing suit, something that feels as liberating as a summer Friday. And at $50 a pair, there’s no harm if you want to get a second suit that’s a little less leggy.

Persons: Erika Veurink, Steve Cole, Arjan Singh, Jolie, Singh, ”, “, Leo Chan, Chan, Chris Xaviar, Xavier, Carrie Birdwell Mann, Cole Habersham, Vilebrequin, Cole, Xaviar, Habersham Organizations: XXL, Banana, Newport, Abercrombie, Nike Locations: New York City, Los Angeles, oxford, Newport Beach, Calif, California, Toronto

☆ Inside Infowars' crumbling empire: Ex-Staffers reveal the 'volatile' and 'unhinged' atmosphere working for conspiracy theorist Alex Jones
▼ + stars: | 2023-06-11 | by ( Tom Porter | Ashley Collman | ) www.businessinsider.com time to read: +23 min

One afternoon in the spring of 2017 Alex Jones furiously lunged at his video producer. According to Jacobson, Jones had to be restrained by another Infowars staffer lest he actually hurt him. Alex Jones did not respond to Insider's request for comment. Owens also said he felt guilty about his complicity in promoting the Sandy Hook conspiracy theories during his time working there. "People hearing the words Sandy Hook, they automatically think Alex Jones," she added.

Persons: Alex Jones, lunged, Robert Jacobson, Jones, Jacobson, hawking, Paul Simon, Bruce Springsteen, Alex, baselessly, David, doesn't, Sandy Hooks, Sandy Hook, Josh Owens, Owens, Marjorie Taylor Greene, John Travolta, badgering, George, we're, Jone, Nuri Vallbona, lackey, …, That's, I'm, Christmas Jones, Kelly, David Duke, Duke, Infowars, He'd, David McCullough, Christopher Jordan, Jordan, they're, Megan Squire, Squire, Dave Mustain, Tim Kennedy, Donald Trump, Chris Mattei, Judge Barbara Bellis, Daria Karpova, Karpova, " Jacobson, he'll, He'll Organizations: Austin, Austin Community, Facebook, Factory, Infowars, Iron, Alamo, New York Times Magazine, REUTERS, New, Senate, Housing, Southern Poverty Law Center, San Diego, Free Speech Systems, YouTube, Sandy, Connecticut Superior, Associated Locations: Austin, Texas, USA, Infowars, Atlanta, Austin , Texas, U.S, New York City, Louisiana, Infowar, Newtown, Connecticut, New Orleans, Waterbury, Conn

Kyiv CNN —Editor’s note: The southern Ukrainian city of Melitopol has long been known for its sweet delights. For those of us who rejected Russian passports and are now known as “the unreliable,” the situation is terrible. The Russians are trying to force everyone here to get Russian passports. Everyone was given cash welfare payments until February, but starting in March, only people with Russian passports get them. In this file photo, Russian passports are being issued to residents in the occupied city of Melitopol.

Persons: CNN —, Stringer, “ Melitopol, Russia ”, Russia doesn’t, Alexander Ermochenko Organizations: CNN, Workers, United Russia Party, Getty, Russian Locations: Ukrainian, Melitopol, Honey, Moscow, Ukraine, Russia, Russian, AFP, Crimea, Germany, “, Europe, Zaporizhzhia

CNN —Theodore “Ted” Kaczynski, the Harvard-trained math professor who unleashed a deadly bombing campaign from a shack in rural Montana and became known as the “Unabomber,” has died, according to the Federal Bureau of Prisons. In 2021, Kaczynski was moved to the federal medical center in North Carolina, according to the bureau. Elaine Thompson/APPortrayed by prosecutors as a vengeful loner, Kaczynski published 30,000-word treatise that became known as the Unabomber Manifesto. “Justice has been done, and Theodore Kaczynski will never threaten anyone again,” Attorney General Janet Reno said in a statement at the time. Its similarity to letters he sent to his family alerted his brother, who made the decision to turn Kaczynski in.

Persons: Theodore “ Ted ” Kaczynski, ”, Kaczynski, “, ” Kaczynski, Ted Kaczynski's, Elaine Thompson, David, Michael Macor, Sally Johnson, Johnson, Judge Garland Burrell Jr, Theodore Kaczynski, ” Burrell, Susan Mosser, Burrell, he’ll, Thomas, Kelly, Hugh Scrutton, Gilbert Murray, Charles Epstein, David Gelernter, Janet Reno, ” David Kaczynski, ” Ted Kaczynski Organizations: CNN, Harvard, Federal Bureau of Prisons, Federal Medical Center, “ Staff, FMC Butner, San Francisco Chronicle, Getty, Prosecutors, University of California, Time Locations: Montana, Butner , North Carolina, North Carolina, Supermax, Florence , Colorado, Lincoln , Montana, Helena , Montana, New Jersey, Berkeley

☆ A stock trader who returned 630% in 3 years and taught traders who became millionaires shares the top 3 patterns he plays daily
▼ + stars: | 2023-06-10 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

That year, the stock market was making headlines due to investors' excitement about internet companies. He wanted to bet on the stock market with his Bar Mitzvah money of roughly $12,000. At the time, there was no pattern day trading rule, which meant he didn't need a minimum of $25,000 to day trade. "My best-performing strategy right now is over the weekend because the stock market is closed over the weekend. The uneasiness that comes with having an income pegged to the stock market never goes away.

Persons: Timothy Sykes, Sykes, Norman Zadeh, Jack Kellogg, Kyle Williams, it's, Roe, Wade Organizations: United States, Evofem Biosciences, Tesoro Enterprises, Stocks, Cilantro, Partners, Wall Street Warriors Locations: Illinois

☆ The Hottest Thing in Real Estate Is a Loan From Two Years Ago
▼ + stars: | 2023-06-10 | by ( Conor Dougherty | ) www.nytimes.com time to read: +2 min

From the pedestrian to the dodgy, it all seems to underscore the manner in which the nation’s real estate market has been frozen by regret. In lieu of acceptance, a determined few are trying to use imagination and fine print to build a portal to the cheap-money days of 2021. In theory, any of the millions of homeowners holding a assumable low-rate mortgage have a valuable perk to sell with their home. Still, real estate agents say it can be hard in practice to transfer them. For instance, homeowners who transfer a V.A.-backed mortgage can lose their ability to get another similar loan unless they can find a V.A.-eligible buyer to take their original mortgage.

Persons: ”, influencers, “ It’s, Scott Trench, Sellers, Michael Fratantoni, Black Knight Organizations: Federal Housing Administration, Department of Veterans Affairs, Department of Agriculture, Mortgage, Association Locations: U.S

☆ Ready for a Nice, Soothing Bath? Just Head to the Backyard.
▼ + stars: | 2023-06-09 | by ( Lia Picard | ) www.nytimes.com time to read: +1 min

To run the lines and add the concrete slab under the tub was about $8,000, Mr. Lynn said. The bathtub isn’t the yard’s focal point, but looks cohesive with the outdoor space that suggests a wine country resort. “We were trying to maximize what we could with a limited income and limited lifestyle,” said Mr. Burns. Christina Chaccour, 33, counted an outdoor bathtub as a “nonnegotiable” when she and her husband renovated their backyard in Danville, Calif., about five years ago. The double slipper tub sits on black-and-white tile with a star print, and a concrete privacy wall separates it from the side yard.

Persons: It’s, Lynn, ”, Burns, “, Christina Chaccour, Chaccour, doesn’t Locations: Danville , Calif

☆ A top-1% fund manager over the past 3 years shares how he's consistently outperformed throughout wildly different markets — and 8 of his favorite places to invest right now
▼ + stars: | 2023-06-09 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here are eight companies or areas of the market that Muhlenkamp said he's bullish on. Regardless of what's happened in the economy or markets, the veteran investor's namesake Muhlenkamp Fund (MUHLX) has found a way to dominate. Although energy stocks have since reversed to become the worst-performing sector of 2023, Muhlenkamp said he's stuck with the group while riding the broad rebound in technology stocks. Two other tech companies Muhlenkamp mentioned are semiconductor firms Broadcom (AVGO) and Microchip (MCHP). Outside of technology, Muhlenkamp said he continues to like stocks tied to housing and financials, including certain regional banks.

Persons: Jeff Muhlenkamp, Muhlenkamp, he's, I'd, Morningstar, Goldman Sachs, they've, they're, He's Organizations: Muhlenkamp, Apple, Microsoft, Apple Watch, Vision, Broadcom, Bank, Federal Locations: Regional

☆ Françoise Gilot, artist whose career transcended relationship with Picasso, has died at 101
▼ + stars: | 2023-06-08 | by ( Benjamin Sutton | ) edition.cnn.com time to read: +7 min

Françoise Gilot, a tireless artist who defied simple categorization — and efforts to define her merely as a footnote in the story of her former lover Pablo Picasso — died Tuesday in New York. The early years of her career coincided with World War II and the Nazi occupation of Paris. In 1970, Gilot married her second husband, Jonas Salk, a virologist who developed one of the first polio vaccines. "Paloma à la Guitare" by Francoise Gilot (1965) was part of Sotheby's (Women) Artists Sale in 2021 in London, England. In 2012, Gagosian staged the first exhibition of Gilot’s work alongside Picasso’s, “Picasso and Françoise Gilot: Paris–Vallauris 1943–1953,” which focused on works made during their relationship.

Persons: Françoise, Pablo Picasso —, Aurelia Engel, Gilot, Engel, Madeleine Decre’s, Picasso, Carlton Lake, ”, Picasso’s, Pablo Picasso, Francoise Gillot, Roger Viollet, ” Gilot, —, Claude, Paloma Picasso —, Luc Simon, Paris ’ Galerie Louise Leiris, York’s David Findley, Simon, Engel’s, Jonas Salk, Salk, Paloma, Francoise Gilot, John Phillips, Gerald Joyce, Jonas Salk —, Jonas, Gagosian, “ Picasso, John Richardson, Richardson, John Bright, “, Jacques Chirac, Nicolas Sarkozy, WHYY’s Terry Gross Organizations: The Art, CNN, The New York Times, Paris ’ Galerie, United, Galleria Santo, Galerie Coard, Salk, Salk Institute, Acatos Publishing, New York, Penske Media, Museum of Modern Art, Metropolitan Museum of Art, ville de, New Orleans Museum of Art, National Museum of Women, Arts, of Arts, National Merit, Legion Locations: New York, Paris, Neuilly, Seine, Nazi, Europe, United States, Venice, Dantesca, Turin, Pierre, ”, San Diego , California, Sotheby's, London, England, California, Antibes, ville de Paris, Washington , DC, France

☆ Pat Robertson, the televangelist who helped turn Christianity into a political force, is dead at 93
▼ + stars: | 2023-06-08 | by ( Ben Finley | Associated Press | ) www.businessinsider.com time to read: +10 min

Robertson was a televangelist who helped bring Christianity to the center of the Republican Party. Marion Gordon "Pat" Robertson was born March 22, 1930, in Lexington, Virginia, to Absalom Willis Robertson and Gladys Churchill Robertson. Robertson was interested in politics until he found religion, Dede Robertson told the AP in 1987. Pat Robertson listens as Republican presidential candidate Donald Trump speaks at Regent University in Virginia Beach, Virginia. But after President Trump lost to Joe Biden in 2020, Robertson said Trump was living in an "alternate reality" and should "move on," news outlets reported.

Persons: Pat Robertson, Robertson, —, — Pat Robertson, Steve Helber, George H.W, George H.W . Bush, Jeffrey K, Hadden, ″, ″ Robertson, Bush, — Robertson, John C, Green, Marion Gordon, Pat, Absalom Willis Robertson, Gladys Churchill Robertson, Pam MacDonald, Adelia, Dede, Elmer, Dede Robertson, Jimmy Carter, Ronald Reagan, Donald Trump, God, George W, Hugo Chavez, misspoke, Bill Clinton, Trump, Kellyanne Conway, Joe Biden, Robertson's, Gordon, Rupert Murdoch's Organizations: Christian Broadcasting Network, Republican Party, Service, Christian Coalition, Regent University, American Center for Law, Justice, University of Virginia, Associated Press, ″, Republican, House, The University of Akron, U.S, Representative, Washington, Lee University, 1st Marine Division, Yale University Law School, Conservative, Conference, Yale, Southern Baptist, Catholic, AP, New York Theological Seminary, CBN, University of Akron, White, Trump, International, Entertainment Inc, The, Rupert, Rupert Murdoch's News Corp Locations: Va, Virginia, America, Virginia Beach, Chesapeake , Virginia, Iowa, George H.W ., U.S, Chesapeake, Lexington , Virginia, Korea, Houston, Southern, New York, Bedford, Stuyvesant, Ohio, New, Portsmouth , Va, Virginia Beach , Virginia, Pennsylvania, Orlando , Florida, Kenya, IFE

☆ They’re Here to Save Indie Media
▼ + stars: | 2023-06-08 | by ( Cara Schacter | ) www.nytimes.com time to read: +1 min

Gutes Guterman sat on an antique French farm bench in Pig Bar, a craft beer shop overlooking the scene-y slice of Lower Manhattan known as Dimes Square. Reaching for a gherkin, her hand in a lacy fingerless glove, she paused to gesture toward the former site of the Drunken Canal newspaper box. “If you know, you know,” she said. It was a cool spring day, and Ms. Guterman, 26, was here to talk about her latest editorial venture: Byline, a website that went live on Thursday. Ms. Guterman and a friend, Claire Banse, started the paper mid-lockdown.

Persons: Gutes Guterman, lacy, ”, Guterman, Claire Banse Organizations: Drunken, “ New Locations: Manhattan, Dimes, Clandestino, Seward, vade

☆ The Man Who Turned the World on to the Genius of Fungi
▼ + stars: | 2023-06-08 | by ( Jennifer Kahn | ) www.nytimes.com time to read: +3 min

Plants managed to leave water and grow on land only because of their collaboration with fungi, which acted as their root systems for millions of years. Even today, roughly 90 percent of plants and nearly all the world’s trees depend on fungi, which supply crucial minerals by breaking down rock and other substances. They can also be a scourge, eradicating forests — Dutch elm disease and chestnut blight are fungi — and killing humans. Without fungi, matter wouldn’t decay; the planet would be buried under layers of dead and unrotted trees and vegetation. But where “Fantastic Fungi” fell decidedly into the old-school, ’shroom-head camp, Sheldrake’s book is more embracing and more optimistic.

Persons: it’s, Sheldrake, twining, Suzanne Simard, ’ shroom, Iris Van Herpen, bodices Organizations: Adidas, HBO Locations: Ikea

☆ DeSantis Campaign Uses Apparently Fake Images to Attack Trump on Twitter
▼ + stars: | 2023-06-08 | by ( Nicholas Nehamas | ) www.nytimes.com time to read: +2 min

In turn, Mr. DeSantis’s camp suggested the images were obviously fake, comparing them to memes circulated by Mr. Trump and his allies. But those images — which included a video of Mr. DeSantis in a woman’s suit adapted from “The Office” and a “recording” of a conversation between Mr. DeSantis, Adolf Hitler and the Devil — were clearly intended to be humorous and easy to discern as doctored. Who knows?” The image, which appeared to be photoshopped, had earlier been posted by Mr. Trump on his Truth Social website. “This is the big information security problem of the 21st century,” said Matthew Stamm, an associate professor of electrical and computer engineering at Drexel University who reviewed the images of Mr. Trump and Dr. Fauci and strongly doubted their authenticity. Unlike Mr. DeSantis’s video, the R.N.C.

Persons: DeSantis’s, Trump, DeSantis, Adolf Hitler, Christina Pushaw, ”, Matthew Stamm, Fauci, Biden Organizations: Mr, Twitter, Republican, Drexel University, Republican National Committee Locations: China, Taiwan

The Bank of Canada's decision to raise rates to a 22-year high of 4.75% was not widely expected. This followed an equally surprising rate hike from Australia the day before, a one-two hawkish punch from policymakers that investors had probably not braced for. The Reserve Bank of India is expected to leave its key interest rate unchanged at 6.50% and for the rest of 2023, according to a Reuters poll of economists. The Australian dollar, which hit a one-month high on Wednesday following the RBA's rate hike, could get a nudge from Australian trade data on Thursday. Here are three key developments that could provide more direction to markets on Thursday:- India interest rate decision- Japan GDP (Q1, revised)- Australia trade (April)By Jamie McGeever;Our Standards: The Thomson Reuters Trust Principles.

Persons: Jamie McGeever Organizations: Nasdaq, Mega Tech, Reserve Bank of, U.S, Thomson, Reuters Locations: India, Canada, Australia, Reserve Bank of India, Japan

☆ South Korea, Taiwan stocks bag huge foreign inflow in May on chip demand
▼ + stars: | 2023-06-07 | by ( Gaurav Dogra | ) www.reuters.com time to read: +2 min

June 7 (Reuters) - South Korea and Taiwanese equities experienced a huge influx of foreign investment during May, driven by a surge of interest in artificial intelligence (AI) and the subsequent demand for shares of hardware exporters in the region. Data from stock exchanges in South Korea, Taiwan, India, Indonesia, the Philippines, Thailand and Vietnam showed foreigners purchased a net $11.74 billion worth of regional equities in May - the biggest amount since November 2022. Specifically, Taiwanese equities attracted a massive inflow of $4.4 billion, followed by South Korean equities with $3.1 billion. Meanwhile, foreigners secured a net $5.3 billion worth of Indian stocks, their biggest monthly purchase since August 2022, boosted by its strong economic growth in the March quarter. On the other hand, Thai, Vietnamese and Philippine equities faced outflows of $995 million, $134 million and $81 million, respectively, last month.

Persons: Yeap Jung Rong, Manishi Raychaudhuri, Gaurav Dogra, Patturaja, Simon Cameron, Moore Organizations: South, Reuters Graphics Reuters, BNP, Federal Reserve, Thomson Locations: South Korea, Taiwan, India, Indonesia, Philippines, Thailand, Vietnam, chipmaker, Asia, Pacific, Philippine, Bengaluru

☆ Why Are the Language Police Obsessed With Vice Presidents?
▼ + stars: | 2023-06-06 | by ( Paul Mcadory | ) www.nytimes.com time to read: +4 min

A vice president makes countless public appearances that will be mostly ignored unless something humiliating happens — something that serves to make him or her look like the hapless lightweight who symbolizes an entire administration’s ineptitude. Bush’s young vice president, Dan Quayle, is remembered for misspelling “potato” on camera. Biden’s time in the office actually helped burnish a goofy charm; he was seen not just as folksy or avuncular but, in some corners, paradoxically cool. This is the woman seen, in some clips, singing “Wheels on the Bus” at a campaign vehicle and then cackling with laughter, or gushing about Venn diagrams. One Twitter user racked up likes by positing that her meandering sentences resemble the dense philosophy of Friedrich Hegel.

Persons: —, Harris’s, Harris, George H.W, Bush’s, Dan Quayle, Joe Biden’s, Barack Obama, Mike Pence, Donald Trump, abasing lackey, Al Gore, George W, Bush, Dick Cheney, jean, Brandon, Biden, Friedrich Hegel Organizations: Central Locations: V.P.s

Review: Is Discover it® Balance Transfer the Best Credit Card for You? Discover it Balance Transfer Card RewardsThe card offers a generous cash-back rewards structure. With the 0% intro APR on balance transfers, there's an intro balance transfer fee of 3% of the amount of each transfer that post to your account by September 10, 2023. Yes, the Discover It Balance Transfer Credit Card allows balance transfers. Yes, the Discover It Balance Transfer Credit Card has an an intro balance transfer fee of 3% of the amount of each transfer.

Persons: you've, you’ve, Cardholders, It's, cardholders, you'll Organizations: Discover, Reading Chevron, Wholesale, PayPal, American Cancer Society, Children's Miracle Network, Diabetes Research Foundation, World Wildlife Fund, JCB, U.S, Bank Locations: Japan, skylines

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