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The Matildas called out gender disparity in World Cup prize money in a video message released on Monday, ensuring the topic will stay front-and-centre days before the tournament kicks off on their home turf and in New Zealand. The team went on strike in 2015 to demand better pay and have received the same minimum percentage of prize money for tournaments as their male counterparts since 2019. The statement comes amid upheaval across women's soccer, with players demanding better pay and playing conditions across the globe. The governing body previously said it aimed for prize money parity by the next World Cups in 2026 and 2027. Reporting by Amy Tennery in Auckland, additional reporting by Lori Ewing; editing by Clare FallonOur Standards: The Thomson Reuters Trust Principles.
Persons: Olivia Chance, Rebecca Sowden, Christina Philippou, England's, Megan Rapinoe, Amy Tennery, Lori Ewing, Clare Fallon Organizations: AUCKLAND, United States, Socceroos, FIFA, New Zealand, Reuters, Australian, University of Portsmouth, Football Association, Thomson Locations: Australia, New Zealand, Canada, Jamaica, Qatar, Brazilian, Norway, New, Auckland
Recent data reveals inflation is cooling, the labor market is slowing, and a recession may not come after all. Inflation data released Wednesday showed that inflation is coming down fast. The Fed may be pleased by this data, though a rate hike may still be on the table later this month. Other measures also show that the job market is still very healthy. The Fed may be happy to see slower job growth and the prime-age labor force participation rate rising, Bunker said.
Persons: doesn't, Julia Pollak, Nick Bunker, Bunker, Jerome Powell, Bill Adams, Pollak, " Pollak, Powell Organizations: Service, Labor, Survey, North America, Federal, Consumer, CPI, National Federation of Independent Business, Congress, Fed, Comerica Bank, Comerica Locations: Wall, Silicon
Washington, DC CNN —The number of small businesses saying they raised their prices fell in June to its lowest level since March 2021, according to a survey released Tuesday by the National Federation of Independent Business. The share of respondents who reported higher prices dropped by three points last month to 29%, “still a very inflationary level but trending down,” the report showed. “Inflation and labor shortages continue to be great challenges for small businesses,” said the NFIB’s chief economist Bill Dunkelberg in a release. The current tight labor market has been keeping pressure on employers to raise prices to protect their margins — a dynamic that Fed Chair Jerome Powell discussed in recent remarks. The impact of improving supply chainsThe economy has slowed from its red-hot pace after rebounding from the pandemic, but some dynamics that prompted businesses to raise prices have been slowly unwinding.
Persons: , Kieran Clancy, , Bill Dunkelberg, Jerome Powell, Mary Daly Organizations: DC CNN, National Federation of Independent Business, Pantheon, Federal Reserve, Fed, Research, San Francisco Fed Locations: Washington, San
The government has said the wastewater release will begin this summer, though it has not specified a date. The shortages were so acute that the government was forced to release sea salt from its official reserves to stabilize salt prices, which have soared more than 40% since April, according to the country’s salt manufacturing association. After a thorough safety review, it concluded in a report last week that the wastewater release would have “negligible” impact on people or the environment. The South Korean government said last week it would respect the IAEA’s findings. Photos show protesters holding banners that lambasted the IAEA and the Japanese government and condemned the wastewater release.
Persons: There’s, Chung Sung, Jung Yeon, , Lee Gi, I’m, ” Lee, Rafael Grossi, , Lee, I’ve, … I’ve Organizations: Seoul CNN —, United Nations, CNN, Shoppers, Ministry of, Fisheries, Reuters, National Federation of Fisheries Cooperatives, Gallup, Noryangjin Fisheries Wholesale, Getty, International Atomic Energy Agency, IAEA, South Locations: Seoul, South Korea, Fukushima, Japan, United States, China, Gallup Korea
That’s why there is so much at stake in contract negotiations between UPS and the Teamsters union. Without a deal, 340,000 Teamsters are preparing to go on strike at the nation’s largest trucking company starting August 1. A UPS strike could spread disruptions like that across much of the country. Their ability to adjust and find alternatives, it’s going to be challenging.”The economy has changed radically in the 26 years since the last UPS strike in 1997. UPS won’t comment on its contingency plans, saying it is focused on reaching a deal that would avoid a strike.
Persons: , Patrick Anderson, It’s, , Sean O’Brien, O’Brien, it’s, Holly Wade, Satish Jindel, Mike Eisner, Jindel, Eisner, Tommy Storch, you’ll, it’ll, ” Storch Organizations: New, New York CNN, UPS isn’t, UPS, Teamsters, Anderson Economic Group, CNN, “ Shipping, National Federation of Independent Business, FedEx, US Postal Service, Postal Service, USPS Locations: New York, Michigan
In the United States, cash assistance to mothers for the first year of their children’s lives strengthened their babies’ brain development. Dozens of American cities have pilot projects to give poor residents no-strings-attached cash. Now comes the additional pressure of extreme weather, both slow and fast, aggravated by the burning of coal, oil and gas. Proponents of cash relief say it’s a more efficient way to use aid money because cash incurs fewer logistical expenses and funnels money directly into the local economy. “Cash transfers help families survive climate disasters,” said Miriam Laker-Oketta, research director for GiveDirectly, an aid group that does just that.
Persons: Cash, , Miriam Laker, , Wanjira Mathai, Hurricane Julia Organizations: , World Resources Institute, International Federation of Red Locations: United States, Guatemala, Honduras
LGBTQ small business owners struggle to find financing
  + stars: | 2023-06-30 | by ( Michelle Fox | ) www.cnbc.com   time to read: +3 min
For LGBTQ owners, the struggle has been even harder. Overall, small business owners are skeptical about their future business conditions, said Holly Wade, executive director of the National Federation of Independent Business' Research Center. "The small business economy is being hindered by inflation, supply chain disruptions, and labor shortages," she said. Yet, data show that when it comes to financing, LGTBQ small business owners are being left behind. While LGBTQ small business owners are very optimistic, they are also still more likely to report more kinds of financial challenges than non-LGBTQ businesses.
Persons: It's, Spencer Watson, Watson, Holly Wade, hasn't Organizations: Advancement, Center, Economic Advancement & Research, National Federation of Independent Business ' Research
The International Tchaikovsky Competition, one of the world’s most prestigious music contests, is typically a bustling, Olympics-style gathering that every four years brings talented young pianists, violinists, cellists, singers and others from around the globe to Russia. But as the storied competition unfolds this month for the first time since Russia invaded Ukraine and became a pariah in the West, it is struggling to live up to its reputation. The contest, which is organized and financed by the Russian government, was expelled from the international federation of music competitions because of the war. And, amid a crackdown on free speech, the foreign press corps representation is less robust, save for journalists from nations friendly to Russia, including China. “It’s genuinely sad because it was very prestigious.”
Persons: cellists, , , Clive Gillinson, “ It’s Organizations: Carnegie Hall Locations: Russia, Ukraine, Russian, United States, Europe, China
June 26 (Reuters) - The United States Olympic & Paralympic Committee (USOPC) is unequivocal in its support of Ukraine but will listen to any International Olympic Committee (IOC) plan to have Russian and Belarusian athletes compete as neutrals at the 2024 Paris Games. With the Olympics just a little over a year away pressure is mounting on the IOC, sporting federations, national Olympic committees and governments to make a call on the participation of Russian and Belarusian athletes at the Paris Games. There are mounting concerns that if Russian athletes are cleared to compete in Paris, even as neutrals, it could spark a Ukraine-led boycott of the Games. "We've been quite measured and willing to give the IOC the opportunity to explore the possibility, understanding how Russian or Belarusian athletes who are neutral, truly neutral, could compete in international competition. That does not include the Paris Olympics with a separate decision still to be taken by the IOC.
Persons: Gene Sykes, Sykes, Steve Keating, Ken Ferris Organizations: United States Olympic, Paralympic, Olympic Committee, Olympics, IOC, Olympic, Paris Games, Paris, Thomson Locations: Ukraine, Russia, Belarus, Moscow, Paris, Toronto
[1/2] International Boxing Association(IBA) president Umar Kremlev speaks during the opening ceremony of Women's World Boxing Championships at Indira Gandhi Indoor stadium in New Delhi, India, March 15, 2023. REUTERS/Anushree Fadnavis/File PhotoLAUSANNE, Switzerland, June 22 (Reuters) - The International Boxing Association's (IBA) recognition as the global body for the sport was stripped on Thursday by the International Olympic Committee (IOC) due to its failure to complete reforms on governance, finance and ethical issues. While the IOC regularly removes or adds sports to the Olympic Games programme to make them more attractive to younger audiences, it is extremely rare for the Olympic body to strip an international sports federation's recognition. "This is a hugely significant moment for the sport," World Boxing said in a statement. "We urge every national federation ... to join and support World Boxing in its efforts to ensure boxing remains at the heart of the Olympic movement."
Persons: Umar Kremlev, Anushree, Karolos Grohmann, Alan Baldwin, Jon Boyle, Ken Ferris, Toby Davis Organizations: Boxing Association, Indira Gandhi, REUTERS, International Olympic Committee, IBA, Sport, IOC, Tokyo, Tokyo Games, Gazprom, Olympic Games, Thomson Locations: New Delhi, India, LAUSANNE, Switzerland, Ukraine, Russian, Los Angeles
LAUSANNE, Switzerland, June 22 (Reuters) - The International Olympic Committee (IOC) on Thursday appealed to Ukraine to give their athletes the chance to qualify for the Paris 2024 Olympics despite a partial ban on competing against Russian and Belarusian athletes. "It is hard to understand why the Ukrainian government is depriving their own athletes from their chance to qualify for the Olympic Games Paris 2024 and to make the Ukrainian people proud." In some sports, such as athletics, those Russian and Belarusian athletes remain banned but in others, including tennis, Ukrainian players regularly face Russian or Belarusian competitors playing as neutral athletes. No decision has yet been taken on Russian and Belarusian athletes' participation at the Paris Olympics next year. "The entire Olympic community, the entire world is longing for Ukrainian athletes shining brightly in international competitions," Bach said.
Persons: Thomas Bach, Bach, Karolos Grohmann, Ken Ferris, Toby Davis Organizations: Olympic Committee, Paris, Russian, Olympic, IOC, International Federation, Olympic Games, Paris Olympics, Thomson Locations: LAUSANNE, Switzerland, Ukraine, Russia, Belarus, Russian, Belarusian
Alison Schuch owns Fells Point Surf Co., with locations in Maryland and Delaware. As summer arrives, Schuch is down about ten workers at her two beach locations as a perfect storm of reasons drive a post-pandemic hiring crunch. With summer hiring season in full swing, small business owners like Schuch have lingering concerns about filling roles to meet consumer demand. Labor quality was the most important problem for nearly a quarter of National Federation of Independent Business members surveyed in May, according to the small business advocacy organization. While owners have concerns about future business conditions and a potential recession, they're still trying to hire and raise wages to entice workers.
Persons: Alison Schuch, Schuch, It's, they're, Brendan McCluskey, he's, McCluskey Organizations: Co, Dewey, Goods, Labor, National Federation of Independent Business, Trident Builders Locations: Maryland, Delaware, Fells Point , Maryland, Dewey Beach , Delaware, Bethany Beach , Delaware, Baltimore , Maryland
MELBOURNE, June 16 (Reuters) - Australia's peak sports authority has recommended testosterone limits for transgender athletes seeking to compete in elite female competitions as part of guidelines on inclusion released on Friday. The 'Transgender & Gender-Diverse Inclusion Guidelines for HP (high-performance) Sport' recommends transgender athletes have plasma testosterone levels of less than 2.5 nanomoles per litre for two years prior to competition. Transgender inclusion in female competition has become one of the most contentious and divisive issues in sport. Australia's guidelines come months after the national basketball federation rejected a transgender athlete's application to play in a semi-professional league, drawing criticism from LGBTI groups. Eligibility requirements for transgender athletes in elite female competition vary broadly in Australian sports.
Persons: Ian Ransom, Peter Rutherford Organizations: MELBOURNE, Australian Sports Commission, HP, AIS, Australian Institute of Sport, ASC, rugby, Australian Football League, Australian Rules, Cricket Australia, Thomson Locations: Melbourne
Washington, DC CNN —Americans are feeling upbeat about inflation and the economy, according to the University of Michigan’s latest consumer survey released Friday. Consumers’ inflation expectations for the year ahead retreated for the second straight month, declining to 3.3% early this month from 4.2% in May. That’s good news for the Federal Reserve, which closely watches sentiment surveys to gauge the expectations consumers and businesses have for price hikes. “The sharp drop of short-term consumer inflation expectations points to another slowdown in the June CPI report, which will be out before the Fed’s next decision,” wrote Bill Adams, chief economist at Comerica Bank, in an analyst note. However, Federal Reserve Chair Jerome Powell said in his news conference this week that inflation expectations remain in check.
Persons: , Bill Adams, Jerome Powell, That’s, Christopher Waller Organizations: DC CNN, University of Michigan’s, Federal Reserve, Comerica Bank, Federal Reserve Bank of New, National Federation of Independent Business, Federal Locations: Washington, Federal Reserve Bank of New York, Norway
Kalamata, Greece CNN —A boat that sank killing dozens of people was caused by a “sudden” shift in weight, Greek authorities said Thursday, in one of the largest-scale migrant vessel disasters in southern Europe this year. “A sudden shift in weight is likely to be the cause of what led the boat to capsize and then sink,” Hellenic Coast Guard spokesman Nikos Alexiou told CNN on Thursday. A migrant vessel pictured by the Greek coast guard on June 13 sank in the Mediterranean on Wednesday. From their accounts there seem to have been women and children on board,” he told CNN while helping survivors on the ground. “These people had not eaten for many days, had not drunk water for many days, were burnt by the sun,” the Greek Rescue Team member told CNN affiliate CNN Greece.
Persons: Greece CNN —, Nikos Alexiou, Thanasis Vasilopoulos, , , , ” Flavio Di Giacomo, Dimitris Chaliotis, Maria Triantou, Triantou, Frido Herinckx, ” Herinckx, Francesco Rocca, ” Rocca Organizations: Greece CNN, Hellenic Coast Guard, CNN, Rescuers, International Organization for Migration, UNHCR, ERT, NGO, Hellenic, Cross, International Federation of Red, Red Crescent Societies, Greek Rescue, CNN Greece, ” CNN Locations: Kalamata, Greece, Europe, , East, Asia, Africa, Tobruk, Libya, Italy, ‘ State, Hypocrates, Athens
Some anticipate the Fed will raise rates again in July in an attempt to bring inflation down to the 2% target. Even if the Fed forgoes a rate increase on Wednesday, Fed officials have suggested the Fed may hike rates again at later meetings. The survey also found people's expectations of job loss fell 1.3 percentage points to 10.9%, suggesting rising job market strength. "I do not think that wages are the principal driver of inflation," Fed Chair Jerome Powell told reporters after the Fed's May policy meeting. "For instance, recent evidence shows that wage growth tends to follow inflation, as well as expectations of future inflation."
Persons: , it's, Jerome Powell, Adam Shapiro, Shapiro Organizations: Federal, Service, Committee, Fed, payrolls, Labor Statistics, Labor, Index, BLS, Bureau of Labor Statistics, Silicon Valley Bank, First Republic Bank, New York Federal Reserve, Federal Reserve Bank of San, National Federation of Independent Business Locations: Ukraine, Silicon, Federal Reserve Bank of San Francisco
Washington CNN —A greater number of small businesses are worried about inflation and future business conditions, according to a survey released Tuesday by the National Federation of Independent Business. The Fed keeps a close eye on inflation expectations to know whether or not US consumers have become used to a certain level of inflation. “Overall, small business owners are expressing concerns for future business conditions,” Bill Dunkelberg, NFIB’s chief economist, said in a release. The share of small business owners expecting better business conditions in the future declined in May while the share reporting that inflation “was their single most important problem in operating their business” increased. Officials are confident that inflation expectations remain in check.
Persons: , Bill Dunkelberg, it’s, , Jerome Powell Organizations: Washington CNN, National Federation of Independent Business, Federal, Fed, Labor Statistics, Index, Employers, Market Committee
More than 85% of the South Korean public oppose Japan’s plan, according to a survey last month by local pollster Research View. Seven in 10 people said they would consume less seafood if the wastewater release goes ahead. "We are getting more customers than usual lately and many of them seem worried about the planned wastewater release," he said. Social media posts talking about buying salt in large amounts and urging people to do the same have also gone viral. Order volumes and inquiries about buying salt have increased as of late, according to the local branches of the National Agricultural Cooperative Federation known as Nonghyup in Sinan County, a region famous for producing sea salt.
Persons: Japan's, Hyun Yong, gil, Daewoung Kim, Jimin Jung, Hyunsu Yim Organizations: sil, South, South Korea's Ministry of, Fisheries, , country’s, Of Fisheries Cooperatives, National Agricultural Cooperative Federation, NHK, Thomson Locations: SEOUL, Fukushima, Seoul, Tokyo, Sinan County, South Korea, Insanaga, KS, Japan
More than 85% of the South Korean public oppose Japan’s plan, according to a survey last month by local pollster Research View. Seven in 10 people said they would consume less seafood if the wastewater release goes ahead. "We are getting more customers than usual lately and many of them seem worried about the planned wastewater release," he said. Social media posts talking about buying salt in large amounts and urging people to do the same have also gone viral. Order volumes and inquiries about buying salt have increased as of late, according to the local branches of the National Agricultural Cooperative Federation known as Nonghyup in Sinan County, a region famous for producing sea salt.
Persons: Japan's, Hyun Yong, gil, Daewoung Kim, Jimin Jung, Hyunsu Yim Organizations: sil, South, South Korea's Ministry of, Fisheries, , country’s, Of Fisheries Cooperatives, National Agricultural Cooperative Federation, NHK, Thomson Locations: SEOUL, Fukushima, Seoul, Tokyo, Sinan County, South Korea, Insanaga, KS, Japan
NEW YORK, June 7 (Reuters) - Each player at the Women's World Cup will be guaranteed at least $30,000 after a ground-breaking move by FIFA to disburse some of the prize money to individuals rather than national federations. All 23 members of the winning team will take home $270,000, part of a $110 million total prize pool that is roughly 300% higher than what FIFA offered for the 2019 tournament. The $30,000 minimum directed prize money is more than twice the average salary of $14,000 for paid players surveyed in FIFA's 2022 benchmarking report. For the upcoming Women's World Cup, member associations will also receive increased funding based on performance, with winners taking $4.29 million home and delegations earning $1.56 million for participating in the group stage. The total performance-based prize funds still significantly trail what was the on the offer at the men's tournament last year, where $440 million total prize fund was awarded.
Persons: Gianni Infantino, FIFPRO, Amy Tennery, Lori Ewing, Lisa Shumaker Organizations: YORK, FIFA, FIFA Congress, Thomson Locations: Australia, New Zealand, New York
PARIS, June 6 (Reuters) - Boxing must stay in the Olympic Games and the International Boxing Association (IBA) will do everything for it to happen but the sport also wants respect and will not be run by third parties, IBA President Umar Kremlev said. "The current crisis situation and the past scandals were all situations created by the member of the IOC, Mr CK Wu." The IOC has not sanctioned CK Wu, who in 2020 resigned from the Olympic body citing medical reasons. According to the IBA report, repeated efforts by IBA officials to meet with IOC officials were ignored. We would like the IOC to also achieve this principle of becoming the home of the Olympic movement," Kremlev said.
Persons: Umar Kremlev, Kremlev, Thomas Bach, CK Wu, Wu, Taiwan's Wu, Karolos Grohmann, Ken Ferris Organizations: Olympic Games, International Boxing Association, Reuters, IBA, IOC, AIBA, CK, Gazprom, Thomson Locations: Los, Russia, Ukraine, Moscow, Russian
CNN —Swedish legend Zlatan Ibrahimovic has announced his retirement from a glittering soccer career at the age of 41, leaving Italy’s Serie A as the league’s oldest-ever goal scorer. “It’s time to say goodbye to football, but not to you,” an emotional Ibrahimovic told the Rossoneri fans at the San Siro stadium. Ibrahimovic won the Eredivisie twice and the KNVB Cup in 2002. Following his spell at the Dutch club, Ibrahimovic went on to play for some of the biggest clubs in Europe, including Juventus, Inter Milan, Barcelona, AC Milan, Paris Saint-Germain and Manchester United. His stint in Spain was short-lived as he was loaned to AC Milan in 2010, in a move made permanent in 2011.
Persons: Zlatan Ibrahimovic, , Ibrahimovic, ” Ibrahimovic, , “ It’s, Swede, Germain Organizations: CNN, Serie, AC, Hellas Verona, San, International Federation of, Sweden’s, Malmö FF, Ajax, KNVB, Juventus, Inter Milan, AC Milan, Paris Saint, Manchester United, Ibrahimovic, Spanish, Barcelona, La Liga, League, English Premier League, Europa League, MLS, LA Galaxy, Milan’s, Udinese Locations: San Siro, Netherlands, Europe, Barcelona, Paris, Italy, Catalan, Spain
PARIS, June 5 (Reuters) - With boxing teetering on the brink of Olympic elimination, the International Boxing Association (IBA) told the International Olympic Committee it had met its reform criteria and any ban lacked legal basis. "IBA did its best to eliminate IOC’s concern on IBA’s different areas of work and to improve them, such as finances, governance and sports integrity," the IBA report said. "It is necessary to remind that CK Wu at that time was an IOC member, and it is completely wrong that IBA bears full responsibility for the wrongdoings of the IOC member," the IBA said. "The IOC surpassed IBA completely and contacted the officials without prior agreement of data sharing between the two entities." "Withdrawal of the IBA’s full recognition by the IOC will be not justified, fair and legally correct decision," it said.
Persons: Umar Kremlev, CK Wu, Karolos, Christian Radnedge Organizations: International Boxing Association, International Olympic, IOC, Reuters, IBA, Paris, Gazprom, International Federation, Olympic Games, Thomson Locations: Los, India, Ukraine, Paris
“The water then slides away, destroying everything.”What also slid away were orchards, vineyards and crops ready to harvest. A tractor goes off road after flooding outside Ravenna in the Emilia Romagna region of Italy on May 20. Emilia Romagna is one of the richest regions in Italy. Firefighters come to rescue people and recover their belongings after flooding hit the Fornace Zarattini district of Ravenna in the Emilia Romagna region of Italy on May 20. Extreme weather such as what has happened this month in Emilia Romagna is perplexing even to experts.
In one Little League game in Alabama, a coach was seen grabbing an umpire and throwing him to the ground, while kids looked on in bewilderment. In another viral video, parents in Texas aggressively yelled at an umpire, who ended the game early over the disruption. It doesn’t mean I enjoy the way you are calling the game,” Wood told the umpire. The average pay for a youth umpire is $45 to $85 a game, according to the Babe Ruth League. Kelly Peterfriend, who also has a son in Ramsey’s Little League, says she gets most animated during her son’s soccer games.
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