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☆ An investment research veteran with 20 years of experience names 10 top contrarian stock picks that could see higher earnings ahead despite lower analyst expectations
▼ + stars: | 2023-11-02 | by ( Mark Reeth | ) www.businessinsider.com time to read: +3 min

As earnings season grinds on, Wall Street has been pleasantly surprised by the results. Sometimes the pros might be bearish on a stock, while simultaneously raising their earnings expectations for that very same company. Taking advantage of the difference between what Wall Street says will happen and where they expect earnings to go can prove a profitable trading strategy. Just ask Sam Burns, founder and chief strategist of Mill Street Research, an independent investment research firm geared towards institutional investors. Burns will then take those stocks and run them through his proprietary Monitor of Analysts' Earnings Revisions model.

Persons: Julian Emanuel, you'd, Sam Burns, Burns Organizations: Evercore ISI, Mill, Research, Wall, Analysts

Plenty of bond investors have been burned calling a bottom in a selloff that has taken Treasuries to the cusp of an unprecedented third straight year of losses. One potential near-term pitfall is Friday’s U.S. payrolls data, which could revive expectations of Fed hawkishness if they come in stronger than expected. The rise in Treasury yields has reached far beyond the bond market. The S&P 500 is down nearly 8% from its July high, as rising bond yields offer investment competition to equities while threatening to raise the cost of capital for companies. “The market is running with the idea that the Fed is done hiking, which they may or may not be,” he said.

Persons: Jerome Powell nodded, Bonds, ”, Jack McIntyre, “, ” McIntyre, Stanley Druckenmiller, Duquesne, Bond, Josh Emanuel, Powell, We've, Greg Wilensky, Janus Henderson, ” Wilensky, Noah Wise, Davide Barbuscia, David Randall, Ira Iosebashvili Organizations: Treasury, Federal, Fed, U.S . Treasury, Brandywine, Janus, Janus Henderson Investors, Allspring Global Investments, Thomson Locations: U.S, Wilshire

☆ Opinion | Acapulco Saw the Future of Hurricanes: More Sudden and Furious
▼ + stars: | 2023-11-01 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +3 min

Although, conventionally, hurricanes are measured by their peak intensity, how quickly they reach that intensity and how rapidly they approach land matters enormously. A tropical storm isn’t an insignificant threat, and what became Otis surely would’ve damaged Acapulco even if it hadn’t ever intensified. But a Category 5 is a threat of a different order, requiring an entirely different scale of preparatory response. You simply can’t evacuate a city of one million in just a few hours — at least, it’s never been managed before. It was the surprise of the storm’s transformation, with few of the conventional forecasting models predicting any significant intensification at all.

Persons: Otis, hadn’t, it’s, “ Otis, ”, Kerry Emanuel, you’ve, “, Emanuel Organizations: Atlantic Locations: Acapulco

☆ There is not another rate hike left in the cycle, says Evercore's Julian Emanuel
▼ + stars: | 2023-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is not another rate hike left in the cycle, says Evercore's Julian EmanuelJulian Emanuel, Evercore senior managing director, and Marc Giannoni, chief U.S. economist at Barclays, join 'Squawk on the Street' to discuss how investors should play the stock market, their take on the Federal Reserve and the recent acceleration of economic data.

Persons: Evercore's Julian Emanuel Julian Emanuel, Evercore, Marc Giannoni Organizations: Barclays, Federal Reserve

☆ Here's everything to expect from the Fed's policy announcement Wednesday
▼ + stars: | 2023-10-31 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

The Federal Reserve meeting will most likely conclude Wednesday with the central bank not doing a whole lot of anything — just the way the market wants things for now. There's virtually no chance policymakers will make a move either way on interest rates. Inflation, while decelerating, is still too high, and the economy is growing at a solid pace despite the highest benchmark interest rates since the early part of the century. "My sense is that Powell is going to want to be very measured and careful about sounding too hawkish. "The last thing Powell wants to do here is make a mistake and come across as too hawkish, because the implication of that as you could see a risk-off environment.

Persons: —, Jerome Powell, Josh Emanuel, Powell, He's, You've, Emmanuel Organizations: Reserve, Federal, Market, Wilshire, Treasury

☆ Before the Fed decision, all eyes will be on this big Treasury debt announcement Wednesday
▼ + stars: | 2023-10-31 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Olivier Douliery | Afp | Getty ImagesAuctions of government debt, normally routine events for the Treasury Department, have suddenly become very important to financial markets. That's why an announcement Wednesday on refunding, entailing the size of auctions as well as the duration mix of the debt that will be issued, is expected to draw even more market interest. Indeed, the two entities are both pivotal in determining how the U.S. is going to manage its mammoth debt load. That symbiotic relationship will be on full display this week when the Treasury Department makes its refunding announcement Wednesday at 8:30 a.m. ET, and the Fed follows with its decision on interest rates that same day at 2 p.m.

Persons: Janet Yellen, Olivier Douliery, Josh Emanuel, Emanuel, Morgan Stanley, Stanley Druckenmiller, Druckenmiller, Alexander Hamilton, Paul Tudor Jones, she's, Dhingra, Thomas Simons Organizations: Treasury, Foreign Investment, United States, Treasury Department, Afp, Getty, Federal Reserve, Duquesne Capital, Robin Hood Foundation, Jefferies Locations: Washington ,, refunding, Wilshire, U.S

Ambassador to Japan Rahm Emanuel speaks during an interview with Reuters at the ambassador's residence in Tokyo, Japan, October 30, 2023. China, which had been the biggest buyer of Japanese seafood, says its ban is due to food safety fears. "It's going to be a long-term contract between the U.S. armed forces and the fisheries and co-ops here in Japan," Emanuel said. The U.S. military had not previously bought local seafood in Japan, he said. Asked if he considered himself hawkish on China, Emanuel rejected the term and said he was a "realist".

Persons: Japan Rahm Emanuel, Issei Kato, Rahm Emanuel, Washington, Emanuel, Barack Obama's, Antony Blinken, hawkish, They're, Li Keqiang, Xi Jinping, Robert Birsel Organizations: Reuters, REUTERS, Rights, United, U.S, Thomson Locations: Japan, Tokyo, United States, China, U.S, Beijing

☆ The Strange Omission of Slavery from a Charleston Ghost Tour - The New York Times
▼ + stars: | 2023-10-30 | by ( Colin Dickey | ) www.nytimes.com time to read: +3 min

(The church discourages these stories; a plaque on the grounds reads: “The only ghost at St. Philip’s is the Holy Ghost.”)Leaving race out of any history is a striking blind spot — even in a ghost tour. Born into slavery, Vesey had purchased his freedom in 1799 after winning a lottery, and became a prosperous carpenter. Some websites will tell you to look for Vesey’s ghost at the Old Charleston Jail, a structure that’s stood since 1802. Long after my own tour, I tracked down two longtime ghost tour guides, Joy Watson and Randy Johnson, who regularly take visitors up to the old jail. They told me that they had never heard of any Vesey ghost sightings there.

Persons: Stede Bonnet, Harriet Mackie, Sue Howard, Philip’s, Denmark Vesey, Vesey, Emanuel ”, Long, Joy Watson, Randy Johnson Organizations: Old, Philip’s, African Methodist Episcopal Church Locations: Holy, St, Charleston, Denmark, Haiti

☆ Joe Biden: Democrats dismiss worries about president’s reelection bid as Dean Phillips launches primary challenge
▼ + stars: | 2023-10-28 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +12 min

CNN —President Joe Biden is just as low in the White House’s internal polls as in any of the public ones. But while Biden advisers are dismissive of Rep. Dean Phillips’ primary challenge launched this week, they are also annoyed about it. Still, they remain confident that Biden is Democrats’ best option in 2024. Boyle told CNN this week that between the war in Israel and Gaza and the chaos of House Republicans electing their new speaker, he had not had “one conversation with anyone” about Phillips. Asked if he was worried about Phillips being a factor even back home in their state’s primary, Walz laughed.

Persons: Joe Biden, Mike Donilon —, —, Donilon, Biden, Dean Phillips, Donald Trump, Kamala Harris, Tim Walz, Phillips, Walz, “, ‘, ’, Ron, Brendan Boyle, ”, ” Boyle, daydreaming, Harris, Emanuel Cleaver, ” “ Joe Biden, ” Ben Wikler, ’ Phillips, Gretchen Whitmer, Louis, “ We’ve, ” Biden, Trump –, Trump, ” Harris, St . Louis, Boyle, Democratic Sen, Dianne Feinstein’s, Gavin Newsom, California politicos, Nancy Pelosi, Jamie Raskin, Raskin, Biden’s Organizations: CNN, ’, GOP, Democratic, Center, American, Florida Gov, president’s, MAGA Republicans, Democrat, Granite, Democrats ’, Biden, Democratic National Committee, Trump, “, New Hampshire Democrats, Republicans, Los Angeles Times, California Gov, Senate, Maryland, House Democratic Locations: Washington, Florida, Pennsylvania, Philadelphia, St, Louis, Wisconsin, Concord , New Hampshire, Michigan, Israel, St ., Gaza, Minnesota, California

☆ Charlie Javice says JPMorgan is trying to use 'red tape' to avoid paying her legal bill of $3.8 million and growing
▼ + stars: | 2023-10-26 | by ( Jack Newsham | ) www.businessinsider.com time to read: +3 min

JPMorgan and prosecutors claim Charlie Javice fraudulently inflated the value of her startup. But JPMorgan was ordered to pay her legal fees – totaling almost $3.8 million, new filings show. AdvertisementAdvertisementLawyers for indicted startup founder Charlie Javice say JPMorgan Chase is defying a court order to pay almost a fifth of the nearly $3.8 million in legal bills they've racked up. But a Delaware judge said JPMorgan still had to honor its commitment to advance Javice's legal fees under agreements it made when it acquired Frank. AdvertisementAdvertisementThe bank's unpaid tab totals more than $835,000, Javice's lawyers claimed, amounting to about 22% of the total amount they've sought.

Persons: Charlie Javice, —, JPMorgan Chase, they've, Olivier Amar, Frank, Abrams, Bayliss, Quinn Emanuel Urquhart, Sullivan, Michael Barlow, Mintz Levin, wasn't Organizations: JPMorgan, Service, Javice, Securities and Exchange Commission Locations: Delaware

☆ Silver Lake Looks to Privatize Hollywood Agency Titan Endeavor
▼ + stars: | 2023-10-25 | by ( Jessica Toonkel | Joe Flint | ) www.wsj.com time to read: 1 min

Ari Emanuel, chief executive officer of Endeavor, says, ‘an evaluation of strategic alternatives is a prudent approach’ to ‘maximizing value for our shareholders.’ Photo: Kyle Grillot/Bloomberg NewsPrivate-equity giant Silver Lake said it is working on a proposal to take private Endeavor Group Holdings, the owner of talent agencies WME and IMG. “Silver Lake firmly believes in Endeavor’s business and is not interested in selling its shares in Endeavor to a third-party nor in entertaining bids for assets that are a part of Endeavor,” the firm wrote in a statement. Silver Lake owns about 71% of the voting stake in Endeavor.

Persons: Ari Emanuel, Kyle Grillot, Silver Organizations: Endeavor, ’, Bloomberg, Private, Endeavor Group Holdings, Silver Lake

☆ Silver Lake working to take entertainment giant Endeavor private
▼ + stars: | 2023-10-25 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +2 min

Trading information and logo for Endeavor Group Holdings, Inc. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. REUTERS/Brendan McDermid/File photo Acquire Licensing RightsOct 25 (Reuters) - Private equity firm Silver Lake said on Wednesday it was working on a proposal to take talent and media company Endeavor Group Holdings (EDR.N) private, after Endeavor announced it had begun a review to explore alternatives that better value the company. "Silver Lake is currently working toward making a proposal to take Endeavor private," it said. Endeavor Group, which has diversified holdings in talent-management, live sports and festivals, is valued at around $8.4 billion. The private equity firm acquired a minority stake in the William Morris Endeavor talent agency in 2012, and Silver Lake Co-CEO Egon Durban and managing partner Stephen Evans serve on Endeavor's board of directors.

Persons: Brendan McDermid, Silver Lake, Francois, Henri Pinault, Ari Emanuel, Emanuel, William Morris, Egon Durban, Stephen Evans, Jaspreet Singh, Dawn Chmielewski, Devika Syamnath, Shailesh Kuber, Rod Nickel, Tom Hogue, David Gregorio Our Organizations: Endeavor Group Holdings, Inc, New York Stock Exchange, REUTERS, Silver, Endeavor, Creative Artists Agency, Endeavor Group, Boston Red Sox, Fenway Sports Group, PGA, Reuters, William, William Morris Endeavor, Thomson Locations: New York City, U.S, Bengaluru, Dawn, Los Angeles

☆ Stocks making the biggest moves after hours: Meta, Whirlpool, Mattel, Endeavor and more
▼ + stars: | 2023-10-25 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Meta posted revenue of $34.15 billion and earnings of $4.39 per share. Analysts polled by LSEG called for $33.56 billion in revenue and $3.63 in earnings per share. Align posted $2.14 in adjusted earnings per share and revenue of $960 million, missing estimates from analysts polled by LSEG. Mattel posted $1.08 per share in adjusted earnings, while analysts polled by LSEG called for 86 cents in earnings per share. Whirlpool — The home appliance company dropped 5% after Whirlpool trimmed its earnings guidance for the full year.

Persons: ServiceNow, LSEG, Joe Hogan, Mattel, Ari Emanuel, —, Darla Mercado, Mike Calia Organizations: LSEG, IBM, Revenue, Facebook, Meta, Mattel, Whirlpool, Endeavor Group Holdings, Endeavor, Holdings, WWE, UFC Locations: LSEG

☆ Ari Emanuel's Endeavor says it will explore strategic alternatives, sending stock higher
▼ + stars: | 2023-10-25 | by ( Mike Calia | ) www.cnbc.com time to read: +1 min

Endeavor Group Holdings , the talent agency and sports company run by Ari Emanuel, said Wednesday it would start exploring strategic alternatives for the company, which could mean a potential sale. The move comes weeks after French billionaire Francois-Henry Pinault agreed to buy a majority stake in Endeavor rival Creative Artists Agency. Endeavor's market value, likewise, was $7.79 billion as of Wednesday's market close, having declined 21% so far this year. Notably, Endeavor said it wouldn't consider ditching its interest in TKO Group Holdings , the newly formed combat sports company that includes Vince McMahon's WWE and Dana White's UFC. Endeavor owns 51% of TKO, which began trading on the New York Stock Exchange last month.

Persons: Ari Emanuel, Mark Bradford, George Lucas, Gucci, Emanuel, Francois, Henry Pinault, Vince McMahon's, Dana White's, – CNBC's Alex Sherman Organizations: Endeavor Group Holdings, Endeavor, Creative Artists Agency, Holdings, Vince McMahon's WWE, Dana White's UFC, New York Stock Exchange Locations: LACMA, Los Angeles , California

☆ Ari Emanuel’s Endeavor is considering the sale of some of its assets
▼ + stars: | 2023-10-25 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

New York CNN —Endeavor Group Holdings, led by the high-power agent to the stars, Ari Emanuel, said that it is considering a sale of some of its assets. Earlier this year, Endeavor, which owns mixed martial arts company UFC, merged with World Wrestling Entertainment to create TKO Holdings. Shares of TKO Holdings, which is a separate publicly traded company apart from Endeavor, climbed nearly 2% in after-hours trading Wednesday. Correction: A previous version of this story incorrectly identified the assets Endeavor is considering selling as well as IMG's function. Endeavor is considering strategic options for its companies but did not identify any particular asset for sale.

Persons: Ari Emanuel, ” “, ”, Ariel Emanuel, Endeavor’s, Dwayne “, ” Johnson, Matt Damon, Emanuel, Francois, Henri Pinault Organizations: New, New York CNN — Endeavor Group Holdings, Wednesday, Endeavor, Company, IMG, Holdings, UFC, World Wrestling Entertainment, CAA Locations: New York

☆ China's massive navy is only getting bigger, and the US is looking overseas for help keeping its warships in action
▼ + stars: | 2023-10-24 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

For years, the US Navy has struggled to complete repairs of its ships on time. To reduce workload at domestic shipyards and keep ships at sea, the US is looking for help overseas. That number has improved, but delays persist amid other challenges at Navy shipyards. Salvor was the first ship repaired in India following the signing of a Master Ship Repair Agreement with L&T Shipyard. "It's all hands on deck within the free world right now, and I think something like that would simultaneously enhance our ability to repair ships more quickly and also be a deterrent in the Pacific."

Persons: —, MCS3 Brandon Roberson, Biden, USNS Charles Drew, USNS Matthew Perry, Salvor, Fitzgerald, Leonard Adams, Carlos Del Toro, Charles Drew, Del Toro, Joel Garcia Japan, Rahm Emanuel, Emanuel, Harry Harris Jr, Harris, Paul, Wendy Hallmark, Rob Wittman, Wittman, Mike Gallagher, Gallagher Organizations: US Navy, Service, Pentagon, Navy, MCS3 Brandon Roberson Public, Maritime Sealift Command, USNS, Larsen & Toubro Shipyard, USNS Salvor, T Shipyard, Military Sealift Command, Mazgaon, Goa Shipyard, Getty, US, White, National Press, Nikkei Asia, US Military Sealift Command, Pacific Command, USS, Puget Sound Naval Shipyard, Republican, House Armed Services Committee, Capitol, Strategic Competition Locations: Western, Washington, China, Norfolk, India, Chennai, Shipbuilders, Mumbai, Goa, Japan, Asia, Philippines, Singapore, South Korea, extremis, USS Minneapolis, St, United States

WASHINGTON (AP) — The United States is welcomed in the Indo-Pacific region and needs to update its approach to have stronger presence there to counter China's influence, said the top American diplomat to Tokyo. “The region wants all of America, not just part of America, economically, militarily, diplomatically, politically,” Emanuel said. “Because they know, an untethered China is a real risk to them, and they need America, all of America, its presence." In August, President Joe Biden formed a trilateral partnership with Japan and South Korea in Camp David over shared security challenges posed by North Korea and China. At the Asia Society Policy Institute, Emanuel called the partnership “a seismic shift in the plates in the Indo-Pacific".

Persons: Rahm Emanuel, ” Emanuel, Daniel Russel, Wang Yi, ” Wang, Joe Biden, Camp David, Emanuel, “, ”, Russel Organizations: WASHINGTON, Asia Society Policy, U.S, East China, Washington, China, North, Asia Society Policy Institute Locations: United States, American, Tokyo, New York, U.S, Japan, China, America, South, East, Taiwan, Beijing, South Korea, Qingdao, Camp, North Korea

☆ Opinion | The Marketing of a Massacre
▼ + stars: | 2023-10-19 | by ( Frank Bruni | ) www.nytimes.com time to read: +2 min

We watched the marketing of a massacre. Much has been written and spoken about some progressive groups and many progressive students (and faculty members) at American colleges, who reacted to the hunting, the shooting, the slashing, the burning of all those people in Israel by blaming … Israel. As Ezekiel J. Emanuel wrote in Times Opinion just days ago: “It is possible to condemn the barbarism of Hamas and condemn the endless Israeli occupation of the West Bank. So, too, is it possible to condemn the treatment of women and the L.G.B.T.Q. Why should they be any different from the so-called adults in this country?

Persons: … Israel, —, Ezekiel J, Emanuel Organizations: West Bank, Duke, Democratic Socialists of America Locations: Israel, Gaza, United States

☆ Biden’s Response to Israeli War Meets Centrist Praise and Liberal Anger
▼ + stars: | 2023-10-19 | by ( Reid J. Epstein | More About Reid J. Epstein | ) www.nytimes.com time to read: +4 min

He pleaded with the Israelis not to overreact, as he said the United States did after the terrorist attacks on Sept. 11, 2001. Mr. Biden’s speech comes as his political coalition has begun to fray over the Israeli conflict. “I am grateful to have @POTUS thoughtful leadership in this moment,” Representative Emanuel Cleaver of Missouri wrote on social media. “Joe Biden flew into a war zone to stand with Israel,” Mr. Auchincloss said late Wednesday. “Trump wouldn’t even visit a cemetery of American war dead.” (Mr. Trump, in 2018, canceled a planned trip to a French cemetery, and his aides cited the rainy weather.)

Persons: Biden, Israel —, “, Emanuel Cleaver, Missouri, Steny Hoyer, Biden “, Richard Haass, Jake Auchincloss, Donald J, Trump, “ Joe Biden, ” Mr, Auchincloss, “ Trump, ”, Cori Bush, André Carson, Pope Francis, Rashida Tlaib, Jerry Nadler, Debbie Wasserman Schultz, Ilhan Omar, Omar, Dilawar Syed, Wadea, ’, Josh Paul, Biden administration’s Organizations: Democratic, Progressives, Democrats, Maryland, Foreign Relations, Biden, Liberal Democrats, Gaza, Capitol, Florida, Small Business Administration, Department Locations: Israel, Ukraine, Tel Aviv, United States, Gaza, America, Massachusetts, Missouri, André Carson of Indiana, Michigan, York, Minnesota, Chicago

☆ Opinion | Hamas and the Moral Failure of Our Institutions of Higher Learning
▼ + stars: | 2023-10-17 | by ( Ezekiel J. Emanuel | ) www.nytimes.com time to read: +2 min

But ethics classes alone are insufficient to help students develop a clear moral compass so that they can rise above ideological catchphrases and wrestle intelligently with moral dilemmas. Instead, colleges and universities need to be more self-critical and rethink what it means for students to be educated. At the same time, academia has become more hesitant: We often avoid challenging our students, avoid putting hard questions to them, avoid forcing them to articulate and justify their opinions. This flies in the face of what a “liberal education” should be. Liberal education should be built around honing critical thinking skills and moral and logical reasoning so students can emerge as engaged citizens.

Persons: Georgetown —, ” M.I.T, “, ” Organizations: Georgetown, Liberal, The American Association of Colleges, Universities

☆ Most complex market environment of my career, Evercore Isi’s Julian Emanuel says
▼ + stars: | 2023-10-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMost complex market environment of my career, Evercore Isi’s Julian Emanuel saysJulian Emanuel, Evercore ISI Sr. Managing Director, joins the 'Fast Money' traders to discuss the complex trading environment investors are in now.

Persons: Evercore Isi’s Julian Emanuel, Julian Emanuel, Evercore

☆ These AI 'enablers, adopters and adapters' are seeing earnings grow and their stocks outperform, Evercore ISI says
▼ + stars: | 2023-10-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

But companies with upward earnings per share revisions that mention artificial intelligence could be positioned to outperform, according to Evercore ISI. Evercore ISI estimates that the search giant has a 44% exposure to generative AI. The power management company, up nearly 34% this year, is well-situated to benefit as AI revolutionizes the industrial sector, Evercore ISI said. "ETN's electrical business is the driver of its stock at 70%-75% of total company sales and earnings," Emanuel wrote. Evercore ISI also highlighted Booking Holdings , Arista Networks , CarMax and Pure Storage on its screen of AI winners.

Persons: JPM, Julian Emanuel, Emanuel, financials, Eaton, — CNBC's Michael Bloom Organizations: ISI, Nvidia, Google, JPMorgan Chase, JPMorgan, Holdings, Arista Networks

☆ Teams Tackling Madeira Wildfires Reinforced as Missing Tourists Found
▼ + stars: | 2023-10-13 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

The Civil Protection authority on Friday morning located the missing tourists. They had fled to a cave in a mountainous part of Porto Moniz and an operation to rescue them from the area was under way, it said on social media. "It was a complicated night, a difficult night," Civil Protection secretary of state Patricia Gaspar told public broadcaster RTP at Lisbon's military airport. A few houses have been destroyed in Calheta and Porto Moniz, but no serious injuries reported so far, authorities said. Porto Moniz mayor Emanuel Camara told RTP it was a "night to forget" and that "many people" were evacuated as a precaution.

Persons: Catarina Demony, Porto, Porto Moniz, Patricia Gaspar, Carlos Teles, Emanuel Camara, Gaspar, Inti Landauro, John Stonestreet Organizations: Friday, Porto Moniz, RTP, Camara de Lobos Locations: Catarina Demony LISBON, Portugal, Madeira, Calheta, Porto, Camara, Funchal

☆ Japanese American prisoner art depicts life in WWII detention camps
▼ + stars: | 2023-10-11 | by ( Jessie Yeung | Emiko Jozuka | ) edition.cnn.com time to read: +9 min

Courtesy Japanese American National MuseumThe detention of Japanese Americans, most of whom were US citizens, was enacted by Franklin Roosevelt via executive order following the attack on Pearl Harbor in 1941. Courtesy Japanese American National MuseumThe artworks, some of which are now showing at the Museum of Modern Art in Wakayama, Japan, also serve to preserve disappearing first-hand memories of the camps. Courtesy Japanese American National MuseumYang added that the collection’s diversity reflects the varied experiences of detainees — perspectives that were overlooked by US officials at the time. The detention of Japanese Americans, Emanuel said, was a “shameful” chapter in American history. Courtesy Japanese American National MuseumSome juggled their art with more pressing responsibilities — like Hibi, who single-handedly raised her two children after her husband’s death by working in a garment factory, all while painting and attending art classes.

Persons: ”, Rahm Emanuel —, Kango Takamura, Franklin Roosevelt, Robert T, Fujioka, “, Alice Yang, Yang, Hisako Hibi, Hibi, ” Yang, Miné, ’, …, Jerome, Fred Korematsu, Henry Sugimoto's, Jerome Camp, Emiko Jozuka, Henry Sugimoto, Douglas MacArthur, Emperor Hirohito, Japan’s, Rahm Emanuel, Emanuel, Tokio, Ann Burroughs, Sugimoto, Sugimoto’s, Henry Fukuhara Organizations: Japan CNN, National Museum, American National Museum, CNN, National, Museum of Modern, University of California, Jerome War, National Museum JANM Locations: Tokyo, Japan, United States, California's Owens, Wakayama, University of California Santa Cruz, California, Utah, Arkansas, Fresno, America

"It's not going to be a matter of struggling to get the inflation rate higher. While higher interest rates are good news for savers, businesses and consumers have become used to paying nothing for money over the past 15 years. Reuters GraphicsREADING YIELDSA market-based Fed model that breaks down the 10-year Treasury yield into its components provides further insight into investors' thinking. This rise in term premium, which spent much of the last decade below zero, reflects high levels of uncertainty about economic outlook and monetary policy, investors said. While the market appears to be confident in its belief in the end of the era of zero interest rates, it is far less so about the economy's actual likely path.

Persons: Sarah Silbiger, Greg Whiteley, It's, Neel Kashkari, Kashkari, Adrian, Crump, Emanuel Moench, John Velis, Leslie Falconio, BNY's Velis, Velis, Paritosh Bansal, Anna Driver 私 Organizations: Eccles Federal Reserve, Washington , D.C, REUTERS, Treasury, Federal Reserve, York Fed, Minneapolis, Moench, Frankfurt School of Finance, Management, Americas, BNY Mellon, UBS Global Wealth Management, San, San Francisco Fed Locations: Washington ,, U.S, DoubleLine, San Francisco

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