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☆ Vacation destinations like Finland and Sicily are giving away free trips, flights, and hotels to revive tourism — see the full list
▼ + stars: | 2023-03-26 | by ( Hannah Towey | ) www.businessinsider.com time to read: +6 min

Sicily is offering discounted airfare and hotel stays, and Finland is giving away 10 free trips. Taiwan said it will pay international visitors $165 and Hong Kong is giving out 500,000 free flights. Sicily, Finland, Hong Kong, and Taiwan are giving away free flights, hotel stays, excursions, and even straight cash. Hong KongThe central district of Hong Kong. Starting March 1, the tickets will be distributed by airlines Hong Kong Express, Cathay Pacific, and Hong Kong Airlines, Time Out reported.

☆ Why is the Trump 'hush-money' grand jury taking so @#$%& long? Wrong question, experts say.
▼ + stars: | 2023-03-26 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

An uncanny lack of secrecy surrounds the secret Trump 'hush money' grand jury now underway in NY. Grand jury witnesses, lawyers, and Trump himself are shouting about each other on TV and online. The right question may be, "Why is this supposedly secret grand jury such a honking, spotlit spectacle?" On Friday, an envelope of white powder was sent to Bragg at the office building where the grand jury sits. The grand jury was not there that day, and the powder proved non-hazardous.

REUTERS/Stefan WermuthMarch 25 (Reuters) - A U.S. judge has ruled that an online library operated by the nonprofit organization Internet Archive infringed the copyrights of four major U.S. publishers by lending out digitally scanned copies of their books. The San Francisco-based non-profit over the past decade has scanned millions of print books and lent out the digital copies for free. But Koeltl said there was nothing "transformative" about Internet Archive's digital book copies that would warrant "fair use" protection, as its e-books merely replaced the authorized copies publishers themselves license to traditional libraries. "Although IA has the right to lend print books it lawfully acquired, it does not have the right to scan those books and lend the digital copies en masse," he wrote. Internet Archive promised an appeal, saying the ruling "holds back access to information in the digital age, harming all readers, everywhere."

REUTERS/Stefan WermuthMarch 24 (Reuters) - A U.S. judge on Friday ruled that an online library operated by the nonprofit organization Internet Archive had infringed the copyrights of four major U.S. publishers by lending out digitally scanned copies of the books. The San Francisco-based non-profit over the past decade has scanned millions of print books and lent out the resulted digital copies for free. But Koeltl said there was nothing "transformative" about the Internet Archive's digital book copies that would warrant "fair use" protection, as its ebooks merely replaced the authorized copies publishers themselves license traditional libraries. "Although IA has the right to lend print books it lawfully acquired, it does not have the right to scan those books and lend the digital copies en masse," he wrote. The Internet Archive in a statement promised an appeal, saying the ruling "holds back access to information in the digital age, harming all readers, everywhere."

"I found cash budgeting and I literally stuck to it," Taylor says. Posts of her managing her finances by stuffing cash into envelopes soon went viral. When Taylor began cash stuffing, she operated on a zero-based budget, which is the most common option among cash stuffers, she says. Jasmine Taylor uses cash stuffing to budget her income. Second, she realized there was a market for people like her who found cash stuffing attractive but found plain, old envelopes drab.

☆ Meet Peter Tuchman, the most photographed stock trader on Wall Street
▼ + stars: | 2023-03-25 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +5 min

Peter Tuchman, one of the most recognizable stock brokers on Wall Street, has been at the NYSE for over 37 years. Tuchman, who has been at the New York Stock Exchange for nearly 38 years, is the most-photographed broker on the trading floor. Tuchman describes the New York Stock Exchange as "the delta of all information" and the "last standing human entity market in the world." He landed a summer job as a teletypist at the New York Stock Exchange days after getting back. In the midst of the craziness, the wildness, and the chaos of the stock market.

☆ Investing isn't free. But here's why 20% of investors think it is
▼ + stars: | 2023-03-25 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Investment fees may be a worthy addition to that list in the modern era — though not all investors are aware of this near-universal fact. These firms — whether an investment fund or financial advisor, for example — generally levy investment fees of some kind. watch now"And that makes you much less sensitive to the fees you're paying — in amount and whether you're paying fees at all." Here's the good news for many investors: Even if you haven't been paying attention to fees, they've likely declined over time. This is largely due to investors' preferences for low-cost funds, particularly so-called index funds, Morningstar said.

If you're planning to travel this year, travel insurance can help protect the cost of your trip. Travel insurance is non-negotiable for me, but I believe it's also important for the average vacationer. Travel insurance is often overlooked in the excitement of planning travel, but forgetting travel insurance can be costly. You won't realize how important travel insurance is until you need to use it in an emergency. Unless you've purchased specific coverage, travel insurance generally won't cover canceling a trip due to fear of travel or changing your mind.

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Wendy's, Microsoft, Coinbase, Netflix & more
▼ + stars: | 2023-03-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Friday's biggest calls on Wall Street: UBS reiterates Tesla as buy UBS said it's recent survey checks show Tesla is "best positioned" to win the EV race. Wells Fargo reiterates Microsoft as a top AI pick Wells said Microsoft is one of the biggest beneficiaries of AI. Jefferies downgrades UBS to hold from buy Jefferies said it sees too much uncertainty after the banking giant's acquisition of Credit Suisse. Jefferies upgrades Regeneron to buy from hold Jefferies said it's bullish on several of the pharmaceutical company's products. Citi reiterates Nvidia as buy Citi said Nvidia is a top beneficiary of AI.

No-penalty CD vs. savings account: At a glanceIf you're deciding between a no-penalty CD and a savings account, there are two distinctions you'll want to pay close attention to: the interest rate and when you can deposit or withdraw money. Savings accounts generally offer more flexibility for deposits and withdrawals than a no-penalty CD. If you decide to open a no-penalty CD, you'll also want to pay attention to the CD maturity date. Savings accounts allow more accessibility to your money than a no-penalty CD since you can deposit money into a savings account at any time. You'll likely prefer a savings account over a no-penalty CD if you want more accessibility to your money.

No matter your destination, single trip travel insurance may be the ticket to protecting your investment and providing peace of mind before, during, and after takeoff. How does single trip travel insurance work? Who needs single trip travel insurance? For example, you'll need travel medical insurance for emergencies as your standard health insurance probably won't cover you abroad. For example, you'll need travel medical insurance for emergencies as your standard health insurance probably won't cover you abroad.

☆ Panera Bread to start using handprints to greet you by name and suggest menu items
▼ + stars: | 2023-03-23 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +3 min

Panera Bread will allow customers to link their handprints to loyalty accounts, the company announced. Panera will use handprints to greet customers by name and suggest menu items based on preferences. It allows Panera employees to greet customers by name and suggest menu items based on their preferences, a company press release said Wednesday. Go customers have the option of linking their palm print to their Amazon accounts, or using a credit card or app. The use of Amazon One technology will be optional at Panera Bread, the company stressed, and private data obtained through the new technology will be protected by security controls.

CNN —New rules from the US government could soon let Americans more easily cancel free trials and subscriptions they no longer want, according to the Federal Trade Commission. The proposed rule change announced Thursday would apply to vast swaths of the US economy, covering both digital and physical subscriptions. Americans should not have to jump through hoops or be hounded by unwanted retention offers just to cancel their subscriptions, FTC Chair Lina Khan told reporters on a conference call Wednesday. The FTC in 2021 warned companies against deploying illegal dark patterns that trick or trap consumers into subscription services. Gyms, newspapers, phone companies and other businesses have faced lawsuits for imposing obstacles on consumers who try to cancel their services.

☆ Dollar eases as investors ponder outlook for Fed rates
▼ + stars: | 2023-03-22 | by ( Amanda Cooper | ) www.reuters.com time to read: +3 min

Markets are pricing in about a 15% chance of the Fed not increasing rates, with a roughly 85% chance of a 25 basis point hike, according to the CME FedWatch tool. Just a month earlier, the market was pricing in a 24% chance of a 50 basis point hike. The Fed meeting concludes on Wednesday with the 2 p.m. EDT (1800 GMT) release of a policy statement followed half an hour later by a news conference by Powell. "This wish list should see dollar trade on the softer profile and risk proxies trade steadily". The euro was last down 0.4% against sterling at 87.81 pence, while gaining 0.2% against the dollar to trade at $1.079.

Before “Heartstopper” became a global phenomenon, it was a web comic, published online by the author, Alice Oseman, a few pages at a time. Oseman, 28, began the webcomic in 2016 just after finishing college, and she was the creator, writer and an executive producer of the Netflix series. The main story between Nick and Charlie remains largely unchanged, she said; much of the new material in the Netflix series came from expanding the supporting characters. Rugby scenes were also tricky to film – in the book and on the show, Nick is a rugby player and Charlie joins the team. While filming, she was part of an enormous team, and spent 11-hour days on location in Paris and at a school in Slough, England.

☆ UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%
▼ + stars: | 2023-03-22 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

U.K. inflation unexpectedly jumped in February, as food and energy bills continued to rise, placing further pressure on households. The consumer price index (CPI) increased by an annual 10.4%, above the 9.9% consensus forecast among economists in a Refinitiv poll and up from 10.1% in January. On a monthly basis, CPI inflation was 1.1%, exceeding a forecast of 0.6%. The surprise increase in February marked a break from three consecutive months of slowing price increases since the 41-year high of 11.1% reached in October. Last week, the independent Office for Budget Responsibility projected that U.K. inflation would plummet to 2.9% by the end of 2023 — a forecast Carter said was "increasingly ambitious" in light of the Wednesday print.

☆ Nvidia turns to AI cloud rental to spread new technology
▼ + stars: | 2023-03-21 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

Huang said Nvidia was also working with Microsoft and Alphabet Inc (GOOGL.O) to offer its supercomputers, used to create new AI products, as a service. Nvidia's new rental service, called DGX Cloud, could give many more developers the chance to access tens of thousands of its chips at once. Biotech firm Amgen Inc (AMGN.O) and software firm ServiceNow Inc (NOW.N) have started using the service, Nvidia said. Nvidia also launched a service called AI Foundations to help companies train their customized artificial intelligence models. Nvidia said it was working with ASML Holding (ASML.AS), Synopsys Inc (SNPS.O) and TSMC to bring it to market.

☆ Junk fees cost consumers tens of billions annually, according to the White House
▼ + stars: | 2023-03-21 | by ( Chelsey Cox | ) www.cnbc.com time to read: +5 min

Fees on concert tickets, airfares, hotels and other so-called junk fees cost Americans tens of billions of dollars every year, often obscuring the full price of purchases from consumers, top economic experts said at the White House on Tuesday. Biden also called on state legislators to address junk fees at a March 8 virtual meeting with the White House. The eradication of junk fees is also a bipartisan issue with positive benefits for the economy, Brainard will say. She says recent surveys show 75% of consumers support cutting junk fees, "with strong support across party lines." "As an economist, I know that regulating junk fees has a strong foundation in decades of scholarship.

International researchers published a pre-print report based on their interpretation of the data on Monday, after leaks of their findings in the media last week and a meeting with the World Health Organization involving both the Chinese and international scientists. The data comprised new sequences of the SARS-CoV-2 virus and additional genomic data based on samples taken from the Huanan market in Wuhan in 2020, according to the international researchers who accessed it. "This adds to the body of evidence identifying the Huanan market as the spillover location of Sars-CoV-2 and the epicentre of the COVID-19 pandemic," said the report. As of March 11, it was no longer accessible on the database, where it was found by the international scientists, their report said. "Other raw sequencing data from environmental samples from the Huanan market exist and could contain further clues," Debarre told Reuters.

☆ Here are Monday's biggest analyst calls: UBS, Netflix, First Republic, Carnival, Meta, Amazon & more
▼ + stars: | 2023-03-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Match as a top pick Morgan Stanley said it sees more industry growth for stocks such as Match. Deutsche Bank upgrades Kimberly-Clark and Conagra to hold from sell Deutsche upgraded several staples manufacturers mainly on valuation. Deutsche Bank upgrades Dow to buy from hold Deutsche said the "worst is behind us." Morgan Stanley reiterates First Republic as underweight Morgan Stanley said it sees too many negative outcomes for First Republic. Bank of America reiterates Nvidia as buy Bank of America said it's bullish heading into Nvidia's flagship AI and tech conference this week.

☆ Explainer: Why markets are in uproar over a risky bank bond known as AT1
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +4 min

Here are some of the implications of the Credit Suisse AT1 bond write-down. WHAT IS AN AT1 BOND? Credit Suisse AT1 holders, therefore, are the only ones not to receive any kind of compensation. It is not the first time that the treatment of AT1 bonds in a bank overhaul has caused controversy. The decision to write down Credit Suisse AT1 bonds to zero is viewed as negative for the AT1 bond market globally.

[1/2] The processing facility at an oil sands operations near Fort McMurray, Alberta, September 17, 2014. The company joins Canada's biggest oil producers in urging policymakers to boost public funding for the costly technology that is seen as key to cutting emissions from the carbon-intensive oil sands. Until then, the company will pay Canada's carbon tax, set to rise to C$170 a tonne by 2030, Nicholson said. Canada's oil sands produced a record 3.15 million bpd in 2022 and are forecast to hit 3.7 million bpd by 2030, according to S&P Global. "The oil sands are long-life, low-decline assets," said Wood Mackenzie analyst Scott Norlin.

☆ I rushed from bank to bank with my infant daughter when SVB collapsed to figure out how my startup could make payroll on time
▼ + stars: | 2023-03-18 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +6 min

Silicon Valley Bank's collapse sent Dispatch Goods cofounder Lindsey Hoell on a race to find alternatives. Her team and investors navigated the logistical chaos of making sure the company made payroll. Dispatch Goods, a Silicon Valley Bank customer, provides reusable packaging to meal and grocery delivery companies. But by the time I got back from opening that account, the Silicon Valley Bank site was just completely bogged down with other people trying to do the same thing. We got up Friday morning and drove down to Silicon Valley Bank's Menlo Park location.

☆ I'm a stay-at-home mom who made $23,000 in 3 months on Etsy. Here's how I built a business around my busy schedule.
▼ + stars: | 2023-03-17 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +6 min

Kelly Byrnes, a stay-at-home mom, sells wall art on Etsy using a printer in her garage. The low barrier of entry for a print shop on Etsy appealed to meAfter researching what I needed to set up an at-home printing business, I was confident I could start one. I purchased A4 card stock, envelopes, cellophane wrappers, and a postage printer from Amazon. As my business has grown, I've started using independent sellers instead of Amazon to source the materials I need. My Etsy shop has given me exactly what I wanted — independence and money of my ownOn top of money and independence, my Etsy shop has given me great flexibility as the primary caregiver of our three children.

☆ Red Lobster is hosting a free 'Endless Lobster' event in Times Square—here's how to sign up
▼ + stars: | 2023-03-17 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Red Lobster will be offering select customers an all-you-can-eat lobster experience at its flagship New York City location on Tuesday, March 28. The first ever "Endless Lobster" event will treat 150 customers to as many 1¼-pound lobsters as they can handle, as well as broccoli and one side of their choice. Instead, Red Lobster will open reservations a week in advance at 10 a.m. EST on March 21. By signing up for the event, guests will also "grant Red Lobster the right and license to use their names, images, and/or statements for advertising and publicity purposes," according to fine print of the event. If you land a reservation but can't make your seating window, you'll lose your spot.

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