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DirecTV drops Newsmax
  + stars: | 2023-01-26 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —DirecTV has dropped Newsmax, a right-wing TV network, from its channel lineup over a carriage fee dispute. “We continually evaluate the most relevant programming to provide our customers and expect to fill this available channel with new content,” DirecTV said. Newsmax noted it offers its feed for free on its website, on YouTube and on multiple streaming platforms such as Roku, so viewers with DirecTV service will still be able to watch. Newsmax responded to getting the boot by accusing DirecTV of bias and censorship. “This is a blatant act of political discrimination and censorship against Newsmax,” CEO Christopher Ruddy said in a statement that was posted on Newsmax’s website.
U.S. import prices rebound; export prices fall
  + stars: | 2023-01-13 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +4 min
Summary Import prices rebound 0.4% in DecemberCore import prices increase 0.4%Export prices decrease 2.6%WASHINGTON, Jan 12 (Reuters) - U.S. import prices unexpectedly increased in December after five straight monthly decreases, boosted by higher costs for natural gas and food, suggesting that the fight against inflation would be protracted even as consumer prices are trending lower. Import prices rebounded 0.4% last month after declining 0.7% in November, the Labor Department said on Friday. In the 12 months through December, import prices increased 3.5% after rising 2.7% in November. The government reported on Thursday that monthly consumer prices fell for the first time in more than 2-1/2 years in December. CORE IMPORT PRICES UPExcluding fuel and food, import prices rebounded 0.4%, posting their first monthly gain since April 2022.
That's partially due to inflation woes, but spending on travel and recreation still remains high. That's largely due to an unprecedented boon in cash from stimulus checks and other pandemic aid along with reduced spending amid the pandemic. Inflation has been eating into Americans' wallets for the last two years, but it's not the only reason savings are falling. Spending has remained strong overall, especially for in-person services that were especially constrained during the worst of the pandemic, said Goodarzi. Credit bureau Experian defines a score of 580 to 669 as "fair," and most Americans fall somewhere between 600 and 750.
Former Brazilian President Jair Bolsonaro came to Florida late last year on a visa. To deport him, the Secretary of State could rule that Bolsonaro is harming US foreign policy. Late last year, Bolsonaro, while still Brazil's head of state, came to Florida, with people spotting him everywhere from fast-food joints to grocery stores. Under federal law, Bolsonaro could be deported if the Secretary of State has "reasonable grounds" to believe that his presence in the country "would have potentially serious adverse foreign policy consequences for the United States." Under that provision, Bolsonaro could be deported whether or not he has even been charged with a crime.
When Mr. Johnson saw the Rothko, titled “Number 207 (Red over Dark Blue on Dark Gray),” hanging above Miles’s sitting area, he asked for it to be flipped upside-down. University of California, Berkeley Art Museum and Pacific Film Archive/1998 Kate Rothko Prizel & Christopher Rothko/Artists Rights Society (ARS), New York
Summary Housing starts fall 0.5% in NovemberSingle-family starts drop 4.1%; multi-family up 4.8%Building permits plunge 11.2%; single-family fall 7.1%WASHINGTON, Dec 20 (Reuters) - U.S. single-family homebuilding tumbled to a 2-1/2-year low in November and permits for future construction plunged as higher mortgage rates continued to depress housing market activity. We don't know about the rest of the economy, but the housing market is clearly in recession." Single-family housing starts, which account for the biggest share of homebuilding, dropped 4.1% to a seasonally adjusted annual rate of 828,000 units last month. The jump in multi-family housing projects offset some of the drag from single-family housing units, resulting in overall housing starts falling only 0.5% to a rate of 1.427 million units last month. The single-family housing market boomed early in the pandemic as Americans sought bigger properties to accommodate home offices.
Summary Housing starts fall 0.5% in NovemberSingle-family starts drop 4.1%; multi-family up 4.8%Building permits plunge 11.2%; single-family fall 7.1%WASHINGTON, Dec 20 (Reuters) - U.S. single-family homebuilding tumbled to a 2-1/2 year low in November and permits for future construction plunged as higher mortgage rates continued to depress housing market activity. The housing market has borne the brunt of the Federal Reserve's fastest interest rate-hiking cycle since the 1980s as the U.S. central bank wages war against inflation. We don't know about the rest of the economy, but the housing market is clearly in recession." Single-family housing starts, which account for the biggest share of homebuilding, dropped 4.1% to a seasonally adjusted annual rate of 828,000 units last month. The jump in multi-family housing projects offset some of the drag from single-family housing units, resulting in overall housing starts falling only 0.5% to a rate of 1.427 million units last month.
A man was sentenced to life behind bars, with no hope of parole, on Monday for his role in the killings of eight members of an Ohio family whose lives were "cruelly taken" one night in 2016. "How sick and twisted is the Wagner family? "I pray, Judge Deering, that you see the true devil that George Wagner IV really is and make him suffer." Both Wagner brothers and their parents, Angela Wagner and George “Billy” Wagner III, were charged in connection with the slayings. Jake Wagner last year confessed to shooting five of the Rhoden family victims in exchange for the death penalty being removed as a possible punishment.
On Thursday, Twitter accounts for at least nine journalists and one left-leaning political pundit were suspended. That is the real problem here.”According to Musk, Thursday’s suspensions were related to new rules around sharing real-time location information, which he tied to an alleged stalking incident. Musk said, “Any account doxxing real-time location info of anyone will be suspended, as it is a physical safety violation. On Wednesday, Musk tweeted that legal action would be taken against Sweeney. Andrew Torba, founder of the far-right social platform Gab, also criticized Musk and touted his company as an alternative to Twitter.
Economists polled by Reuters had forecast import prices, which exclude tariffs, would fall 0.5%. In the 12 months through November, import prices increased 2.7%, the smallest gain since January 2021, after rising 4.1% in October. Excluding fuel and food, import prices fell 0.6%. Core import prices are being depressed by the dollar's strength against the currencies of the United States' main trade partners. The report from the Labor Department also showed export prices fell 0.3% in November after declining 0.4% in October.
An Ohio man accused of helping his family plan, carry out and cover up the killing of eight members of another family was found guilty of murder Wednesday. Both Wagner brothers as well as their parents, Angela Wagner and George “Billy” Wagner III, were charged in the killings. Angela Wagner pleaded guilty to a role in helping to plan the killings in exchange for a 30-year sentence. Edward "Jake" Wagner speaks to an attorney at the Pike County Courthouse in Waverly, Ohio, on Nov. 27, 2018. Jake Wagner said his brother froze and did not fire, leading Jake to kill the man himself, according to WLWT.
The labor market has remained resilient despite the Federal Reserve's stiff interest rate increases, helping to keep consumer spending and the overall economy afloat. "That tectonic shift in consumer confidence from inflation worries to job concerns is coming though." The Conference Board's consumer confidence index fell to 100.2, the lowest reading since July, from 102.2 in October. Though house prices have came off the record highs reached during the COVID-19 pandemic-driven housing market boom, they remain significantly high. A third report from the Federal Housing Finance Agency showed house prices increased 11.0% in the 12 months through September after advancing 12.0% in August.
The researchers found that firearm mortality rates increased for most demographic groups in recent years – especially during the pandemic – and vast disparities persisted. With infant mortality in the United States, when you look at Black infants versus White infants, there’s over a two-fold (difference in) mortality rate. There are two key factors driving community gun violence, says Jonathan Jay, an assistant professor at Boston University School of Public Health: disadvantage at the neighborhood level and exposure to gun violence at the individual level. “Gun violence is most likely in spaces that show signs of physical disinvestment. The gun suicide rate increased 10% while the non-gun suicide rate decreased by 8%, and the gun homicide rate increased 45% while the non-gun homicide rate increased only 6%.
This means investors need to shift their focus toward longer-term prospects instead of fixating on near-term gyrations in the market. See below for five stocks picked by Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their previous performance. However, after the company posted its quarterly results, Susquehanna analyst Christopher Rolland noticed that Nvidia is "getting back on track." This prompted him to reiterate a buy rating on the stock and raise the price target to $185 from $180. (See Marvell Stock Chart on TipRanks) Looking beyond the quarter, Rolland sees several upsides to Marvell.
A gunman opened fire at an LGBTQ nightclub in Colorado Springs, Colorado, Saturday night, killing five people and injuring 19 others. The shooting at Club Q is a tragic yet predictable outcome of demonizing LGBTQ people and using children as political pawns. Run by Chaya Raichik, Libs of TikTok has targeted LGBTQ people, drag events and Pride celebrations across the country. In addition to Boebert and Libs of TikTok, political leaders like Rep. Marjorie Taylor Greene, R-Ga., and Florida Gov. We deserve to go to gay bars and drag shows or walk down the street without being attacked or harassed, or killed.
The stock market is closed on Thursday for Thanksgiving Day, and it's set to close at 1 p.m. on Friday. Here are five stocks chosen by Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. VMwareSoftware company VMware (VMW) is awaiting antitrust approval before it is acquired by Broadcom (AVGO). White ranks at the 657th position among a roster of more than 8,000 analysts on TipRanks. 956 among more than 8,000 analysts followed on TipRanks, Petusky has a success rate of 50% with his ratings.
Kevin Conroy, the iconic voice of Batman, died Thursday shortly after being diagnosed with cancer, according to his representatives. Conroy’s deep and raspy voice shot him to stardom as the title character in "Batman: The Animated Series," which ran from 1992 to 1996, according to a statement provided by his spokesperson. He became the quintessential voice of the superhero in almost 60 different productions and video games, including 15 films, highlighted by "Batman: Mask of the Phantasm." He studied at the prestigious Juilliard School in New York City alongside heralded actors like Christopher Reeve and Robin Williams. Conroy also had guest roles on popular TV series such as “Cheers,” “Murphy Brown” and “Matlock.”Conroy is survived by his husband Vaughn C. Williams, sister Trisha Conroy, and brother Tom Conroy.
It and other publications rightly called it out for mocking the LGBTQ community. Republicans are belittling knowledge that they find threatening to the status quo that gives the lives of social conservatives meaning. To play on the words of Ben Shapiro, I call this movement the “feelings over facts” orientation, and it has been positioned as a bulwark against indoctrination by disciplines that focus on race, gender and art. This is the not-so-subtle implication of the mailer supporting DeSantis. For everyone who doesn’t believe gender studies is threatening, the student in the photo the mailer used is just a new nonbinary college graduate.
The market's cloudy picture is yet another reason for investors to maintain a long-term perspective as they pick out stocks. To that end, here are five stocks chosen by Wall Street's top professionals, according to TipRanks, a service that ranks analysts based on their past performances. Huron Consulting GroupThe next on our list of top analysts' favorite stocks is Huron Consulting Group (HURN), an operational and financial consulting firm. KAR Auction ServicesKAR Auction Services (KAR) provides a platform to auction used cars and offers salvage auction services in North America and the United Kingdom. Moreover, Rolland also believes Cirrus to be a potential buying target for Apple, which also depends on Cirrus' IC products.
"The report to us looks like payroll jobs growth will falter in coming months as companies batten down the hatches as the Fed continues to take away the economy's punch." The survey of establishments showed nonfarm payrolls increased 261,000 last month. Still, the labor market remains tight, with 1.9 job openings per unemployed person at the end of September. The increase in the unemployment rate from 3.5% September reflected a 328,000 decline in household employment. "The hope is that the labor market is merely returning to a more normal pace, rather than sitting dead in the water."
Despite inflation, Americans are still shelling out at casinos, airlines, and restaurants. In October, both American and Southwest Airlines reported record operating revenues for their respective companies in the third quarter. Following "record summer leisure travel demand," consumers continued to hit the skies in September, Southwest CEO Bob Jordan said. A Deloitte survey of nearly 5,000 Americans found that Americans plan to buy 44% fewer gifts — an average of nine versus 16 last year. "Spending should slow down significantly with the holiday hangover and as savings continue to dwindle," RSM economist Tuan Nguyen told USA Today.
With roughly 1.9 job openings for every unemployed worker at the end of September, wage growth could remain elevated. "It is a head scratcher where you have to wonder whether 10 million job openings can stop a recession from coming." Job openings, a measure of labor demand, increased 437,000 to 10.7 million on the last day of September, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report. Data for August was revised higher to show 10.3 million job openings instead of 10.1 million as previously reported. The job openings rate increased to 6.5% from 6.3% in August.
Investors need to look past short-term market developments and pick out stocks that can withstand these uncertain times. Here are five stocks picked out by the top Wall Street professionals, according to TipRanks, a platform that ranks analysts based on their track records. (See Stride Blogger Opinions & Sentiment on TipRanks) Paris holds the 207th position among around 8,000 analysts tracked on TipRanks. 302 ranking out of about 8,000 analysts on TipRanks, has a 60% ratings success rate. Going by what Needham analyst Alex Henderson has to say about Juniper, the stock is a resounding buy.
“When something comes up that requires a fast, human, unambiguous action, very few companies are prepared,” said Mr. DiMassimo. “If the talent retains some ownership, then you have to stop making the product entirely instead of just taking their name off,” said Mr. Chase. The offensive behaviors may be specific to the company in question; alcohol brands commonly include contractual clauses forbidding D.U.I. arrests or drunk and disorderly behavior among their representatives, said Mr. Chase. And that is not just because such behavior could occur again, according to Mr. Chase.
Economic worries loom over U.S. airline earnings
  + stars: | 2022-10-12 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +4 min
Travel demand tends to cool after Labor Day, which marks the unofficial end of the U.S. summer season. Britain's biggest airport, Heathrow, on Tuesday warned of a possible slowdown in travel demand this winter. As companies call their employees back to office, business travel demand has received a boost. Prior to the pandemic, business travel accounted for up to 50% of the U.S airline industry's passenger revenue, according to trade group Airlines for America. "We're looking at business travel," Christopher Raite, senior analyst at Third Bridge, said.
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