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☆ Wall St ends lower amid Cyber Monday madness
▼ + stars: | 2023-11-27 | by ( Stephen Culp | ) www.reuters.com time to read: +5 min

Remarks from Federal Reserve policymakers later in the week will also be parsed for clues regarding the duration of the central bank's restrictive policy. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. Amid the Cyber Monday fervor, Affirm Holdings (AFRM.O) surged 12.0%, as the payment platform's "buy now, pay later" option was seen hitting an all-time high, boosting the online holiday sales. Declining issues outnumbered advancing ones on the NYSE by a 1.25-to-1 ratio; on Nasdaq, a 1.63-to-1 ratio favored decliners. The S&P 500 posted 38 new 52-week highs and no new lows; the Nasdaq Composite recorded 84 new highs and 79 new lows.

Persons: Elliott, Tom Hainlin, Greg Bassuk, Brendan McDermid, they’ve, Hainlin, Shopify, Stephen Culp, Shristi Achar, Shinjini Ganguli, Matthew Lewis Organizations: Dow, Nasdaq, U.S, Bank Wealth Management, Adobe Analytics, AXS Investments, Federal Reserve, Financial, Commerce, New York Stock Exchange, REUTERS, Dow Jones, Elliott Investment Management, GE HealthCare, NYSE, Thomson Locations: Minneapolis, New York, New York City, U.S, Bengaluru

☆ Wall St pauses amid Cyber Monday madness; data, Fed speakers on tap
▼ + stars: | 2023-11-27 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. The tech-heavy Nasdaq was slightly higher, the Dow was edging red and the S&P 500 was essentially unchanged, but leaning lower. The S&P 500 Retail index (.SPXRT) was up 0.9%. Later in the week, market participants look to the Commerce Department's second take on third-quarter GDP expected on Wednesday, to be followed on Friday with its broad-ranging Personal Consumption Expenditures (PCE) report. The S&P 500 posted 34 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 64 new lows.

Persons: Brendan McDermid, Elliott, Dow, Greg Bassuk, Bassuk, Shopify, Stephen Culp, Shristi Achar, Shinjini Ganguli, Matthew Lewis Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Adobe Analytics, AXS Investments, Federal Reserve, Financial, Commerce, Dow Jones, Walmart, Elliott Investment Management, GE HealthCare, NYSE, Thomson Locations: New York City, U.S, New York, Bengaluru

☆ Deal-hunters fuel $12 billion Cyber Monday shopping spree
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Eduardo Munoz Acquire Licensing RightsNov 27 (Reuters) - After a busy holiday shopping weekend, discount seekers are expected to spend between a record $12 billion and $12.4 billion on beauty products, electronics, toys and apparel on Cyber Monday, according to Adobe Analytics. Heavy online traffic and transactions could add up to a boost in sales by U.S. shoppers of 5.4% or more, according to Adobe. Shoppers spent $10.3 billion in the weekend leading up to Cyber Monday, up 7.7% from last year as retailers offered more discounts compared to last year. More merchandise was being discounted in the weekend leading up to Cyber Monday, according to a report from LSEG. Walmart (WMT.N) , eager to capture market share, slashed prices on Sunday night, joining the trend of retailers' early discounts on major shopping days.

Persons: Eduardo Munoz, Vivek Pandya, Pandya, TJ Maxx, Jharonne Martis, LSEG, Rob Garf, Garf, Vanessa O'Connell, Deborah Sophia, Arriana, David Gregorio, Nick Zieminski Organizations: Workers, REUTERS, Adobe Analytics, U.S, Adobe, Shoppers, Adobe Digital, Walmart, Reuters, Costco, Commerce, Insider Intelligence, Thomson Locations: Robbinsville Township, New Jersey, U.S, Salesforce, Ross

☆ Rate cuts are likely coming next year, but investors shouldn't bank on them saving the market
▼ + stars: | 2023-11-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at why the rate cuts investors have been praying for might not be the godsend they imagined. But rate cuts won't necessarily be the win markets are hoping for, Business Insider's Jennifer Sor writes. Still, some interest rate traders are predicting rate cuts coming as soon as this March, according to CME's FedWatch Tool. Another key piece of the economy facing headwinds complicates the case for rate cuts being a boon for investors.

Persons: —, I've, we're, Patrick Semansky, Jennifer Sor, CME's, Jennifer, Insider's Dominick Reuter, Miles Goodloe, Domenic, Robert Oszust Jr, Domenic Boresta, Alice Brooks, Jennifer Campbell, Sean Jacobsohn, he's, Jacobsohn, Chelsea Jia Feng, They're, it's, Gen, Bradley Cooper, Ben Affleck, Greta Gerwig, Bill, Bill —, Bill Nye, Science Guy, Manolo Blahnik, Jimi Hendrix, Steve Bannon, Bruce Lee, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Tech, Business, Federal Reserve, Fed, UBS, Big Tech, Retail, Walmart, Target, Financial Times, Echo, Khosla Ventures, Science Locations: Washington, Miles, Chelsea, New York City, San Diego, London, New York

Right now, top Cyber Monday TV deals include an all-time low price on the 65-inch Samsung S90C, our pick for the best TV you can buy. We'll be updating this roundup with all of the best Cyber Monday TV deals as the sale continues through November 27. The best Cyber Monday TV deals right now (50-inches and under)The best Cyber Monday TV deals right now (55-inches)The best Cyber Monday TV deals right now (65-inches)The best Cyber Monday TV deals right now (75-inches and up)Cyber Monday TV FAQsWhat kind of TV should I buy? But while we generally prefer OLED TVs over QLEDs, QLED TVs have an edge with peak brightness. Top QLED TVs can get brighter than even the best OLED TVs.

Organizations: Black, LG, Samsung, Sony

We're keeping track of all the best Amazon Cyber Monday deals that you can already snag, with our product experts only highlighting top savings that are really worth your time. Some of the best Amazon Cyber Monday deals right now include an Echo Dot for more than 50% off and a Dyson cordless vacuum at an all-time low price. Below, you can find our picks for the best Amazon Cyber Monday deals we've found so far. Best Amazon device Cyber Monday dealsBest Amazon Cyber Monday home dealsBest Amazon Cyber Monday TV dealsBest Amazon Cyber Monday laptop dealsBest Amazon Cyber Monday kitchen dealsBest Amazon Cyber Monday gaming dealsBest Amazon Cyber Monday toy and gift dealsBest Amazon Cyber Monday headphone dealsBest Amazon Cyber Monday tech dealsFAQsDo you need to be a Prime member to get Amazon Cyber Monday deals? Though Prime Day deals are exclusive to Prime members, you don't have to be a Prime member to get Amazon Cyber Monday deals.

Persons: we've Organizations: Dyson, Amazon, Amazon Prime

[1/6] People load up their newly purchased items from Best Buy on Black Friday in Wheaton-Glenmont, Maryland, U.S., November 24, 2023. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. But at 6 a.m. on Friday at a Walmart in New Milford, Connecticut, the parking lot was only half full. "It's a lot quieter this year, a lot quieter," said shopper Theresa Forsberg, who visits the same five stores with her family at dawn every Black Friday. And the rise of online shopping has reduced the importance of Black Friday as a single-day event.

Persons: Leah Millis, Cowen, David Klink, Theresa Forsberg, Michael Brown, Kearney, Jeff Gennette, Jimmy Lee, there's, Bergdorf Goodman, Nordstrom, Oscar de, Carlos Araejo, Ruiz, It’s, ”, Paul Aheren, Puma, Siddharth Cavale, Helen Reid, Arriana McLymore, Katherine Masters, Andrew Hay, Bianca Flowers, Danielle Broadway, James Davey, Deborah Sophia, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: REUTERS, Shoppers, Huntington Private Bank, Walmart, Target, National Retail Federation, Garden, Insider Intelligence, Macy's, Adobe Analytics, Wealth Consulting, Amazon, Adobe, Nordstrom, “, Saks, Puma, Israel Football Association, IFA, Thomson Locations: Wheaton, Glenmont , Maryland, U.S, RALEIGH, N.C, New Milford , Connecticut, Paramus , New Jersey, Indianapolis, Israel, Palestine, United States, Dallas, Raleigh, Crabtree, Boston

Brokerage TD Cowen lowered its U.S. holiday spending estimate to 2% to 3% growth, from 4% to 5%, as it forecast flat Black Friday traffic. With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. In France, Italy, and Spain, most shoppers planned to buy clothing on Black Friday, with electronic goods coming second, according to a PwC survey. Thanksgiving Day discounts online peaked at about 28% for toys, while electronics had discounts as steep as 27%, Adobe said.

Persons: Shannon Stapleton, Cowen, Theresa Forsberg, “ It’s, ”, Jill Lizzo, she’s, “, I’m, Lizzo, PwC, hasn’t, Naomi Ojomo, Jeff Gennette, Barbie, John Roberts, Apple AirPods, Bergdorf Goodman, Nordstrom, Oscar de, Katherine Masters, Arriana McLymore, Helen Reid, Mimosa Spencer, Corina Pons, James Davey, Siddharth Cavale, Arriana, Deboarh Sophia, David Gaffen, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: Black, REUTERS, Shoppers, National Retail Federation, Insider Intelligence, Barclays, Macy's, Adobe Analytics, Adobe, Walmart, Argos, PlayStation, Apple, Thomson Locations: Westbury , New York, U.S, RALEIGH, N.C, New Milford , Connecticut, . U.S, Harlem, Manhattan, France, Italy, Spain, Zara, Canary Wharf, London, British, Paris, Madrid, New York, Raleigh , North Carolina, Bengaluru

☆ New homeowners are fleeing their pandemic-era digs to be closer to the office, report says
▼ + stars: | 2023-11-24 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +2 min

Large employers like Apple, Google, and Tesla are calling employees back to the office. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . About 10% of US house sellers are looking to move specifically because of policies about working in the office, according to a September report by Redfin cited by the Journal. But it's also a boom for city housing markets, which was once sluggish thanks to high interest rates.

Persons: Tesla, —, Redfin, Elon Musk, it's Organizations: Apple, Google, Service, Wall Street, Journal, SpaceX, Elon Locations: U.S, New York, San Francisco, Austin

☆ The tug-of-war is on between deal-hungry shoppers and retailers wary of giving them throw-away prices on Black Friday
▼ + stars: | 2023-11-24 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +7 min

So are the start-of-the-season deals enticing enough for shoppers or are they holding out in a cat-and-mouse game with retailers? Michael Brown, retail industry leader and partner with management consulting firm Kearney, said the much earlier-than-usual jumpstart to holiday sales this year could be to blame. Shoppers will be holding out for better deals,” he said. Kena Betancur/Getty ImagesTotal holiday sales this year are expected to come in softer compared to last year. He said there were plenty of 25% off Black Friday deals mall-wide and some deeper 40% off promotions for early-bird shoppers.

Persons: New York CNN —, Michael Brown, Kearney, ”, Brown, Emily Elconin, Marshal Cohen, ” Cohen, Barbie, Willing, they’ve, Kena Betancur, Brian Schroeder, Kendra Scott, “, Aeropostale, Aritzia, Shannon Stapleton, Marc Rosen, Rosen, ” Rosen, Nathaniel Meyersohn Organizations: New, New York CNN, “, Shoppers, Black, National Retail Federation, Adobe Analytics, Disney Little, Marvel, Macy's, Brookfield Properties, Brookfield Asset Management, Nike, Apple, Simon Property Group, JCPenney Locations: New York, Oaks, Michigan, New York , New York, La Cantera, San Antonio , Texas, Brookfield, Roosevelt, Garden City , New York, Penney

Brokerage TD Cowen lowered its U.S. holiday spending estimate to 2% to 3% growth, from 4% to 5%, as it forecast flat Black Friday traffic. With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. But at 6 a.m. on Friday at a Walmart in New Milford, Connecticut, the parking lot was only half full. "It's a lot quieter this year, a lot quieter," said shopper Theresa Forsberg, who visits the same five stores with her family at dawn every Black Friday. The rise of online shopping has reduced the importance of Black Friday as a single-day event.

Persons: Cowen, David Klink, ”, Barbara Kahn, Theresa Forsberg, Michael Brown, Kearney, Jimmy Lee, Leah Millis, there's, Jeff Gennette, Bergdorf Goodman, Nordstrom, Oscar de, Carlos Araejo, Ruiz, It’s, Paul Aheren, Puma, Siddharth Cavale, Helen Reid, Arriana McLymore, Katherine Masters, Andrew Hay, Bianca Flowers, Danielle Broadway, James Davey, Deborah Sophia, Miral Fahmy, Nick Zieminski, Frances Kerry, Leslie Adler Organizations: Shoppers, Huntington Private Bank, Walmart, Target, Ross Stores, The Wharton School, University of Pennsylvania, “, National Retail Federation, Garden, Insider Intelligence, Adobe Analytics, Adobe, Wealth Consulting, Amazon, REUTERS, Nordstrom, Saks, Protesters, Puma, Israel Football Association, Thomson Locations: RALEIGH, N.C, U.S, New Milford , Connecticut, Paramus , New Jersey, Wheaton, Glenmont , Maryland, Indianapolis, Israel, Palestine, United States, Dallas, Raleigh, Crabtree, Boston

Some of the best Amazon Black Friday deals right now include an Echo Dot for more than 50% off and a Spiralizer vegetable slicer for just $13. Below, you can find our picks for the best Amazon Black Friday deals so far. For more discounts across other retailers, check out our guide to all of the best Black Friday deals. Best Amazon device Black Friday deals right nowBest Amazon Black Friday home deals right nowBest Amazon Black Friday TV deals todayBest Amazon Black Friday laptop and tablet deals right nowBest Amazon Black Friday kitchen deals todayBest Amazon Black Friday gaming deals right nowBest Amazon Black Friday toy and gift deals todayBest Amazon Black Friday headphone and audio deals right nowDo you need to be a Prime member to get Amazon Black Friday deals? Unlike Prime Day, you don't have to be a Prime member to get Amazon Black Friday deals.

Organizations: Air, Amazon, Prime

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 21, 2023. The pan-European STOXX 600 (.STOXX) rose 0.4% to close out the week with a 0.9% gain as investors focused on corporate earnings and the prospect of rate cuts. Euro zone government bond yields were set to close the week higher as investors balanced recession fears against comments from European Central Bank policymakers pushing against market expectations for rate cuts in 2024. For the week, real estate (.SX86P) shares lagged while media (.SXMP) and retail stocks (.SXRP) were the top performers. Reporting by Ankika Biswas and Bansari Mayur Kamdar in Bengaluru; Editing by Sonia Cheema, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Wintershall, they're, Giles Coghlan, Coghlan, Christian Lindner, Germany's DAX, Ankika Biswas, Bansari, Sonia Cheema, Kirsten Donovan Organizations: REUTERS, Staff, BASF, U.S, European Central Bank, Shoppers, Bloomberg News, Abu, Abu Dhabi National Oil Co, Barclays, German, Thomson Locations: Frankfurt, Germany, Europe, Abu Dhabi, Israel, Bengaluru

In Canada, the wild pigs roaming Alberta, Saskatchewan and Manitoba pose a new threat. Wild pigs already cause around $2.5 billion in damage to U.S. crops every year, mostly in southern states like Texas. Eradication of wild pigs is no longer possible in Manitoba and Saskatchewan, Brook said. “The question is: What will be done about it?”Brook said Montana has been the most serious about keeping wild pigs out. It banned raising and transporting wild pigs within the state.

Persons: Ryan Brook, they've, Brook, They've, “, ” Brook, Gary Nohrenberg, Mike Marlow, ” Marlow Organizations: University of Saskatchewan, Canada -, state’s Department of Natural Resources, U.S . Department of Agriculture, USDA Wildlife Services, Wildlife Services, USDA, Feral Swine Locations: MINNEAPOLIS, Canada, Minnesota, North Dakota, Montana, Alberta, Saskatchewan, Manitoba, North America, Texas, Canada - North Dakota, Vermont , New York , Pennsylvania, New Hampshire , Wisconsin, Washington

☆ A migrant had just crossed the border when he found a scared, 9-year-old boy who needed help. The encounter changed them both
▼ + stars: | 2023-11-22 | by ( Catherine E. Shoichet | Thomas Lake | After Days Of Hiding Authorities | ) edition.cnn.com time to read: +23 min

Chris Buchleitner and his mother, Dawn Tomko, went on many camping trips together, like the one shown here. With help on the way, Manuel could have headed on for Tucson or Phoenix. The local fire chief gave him a small stuffed horse, telling Manuel he’d been a hero in the wilderness, like the Lone Ranger. An orphaned boy moves to PennsylvaniaWhen Chris Buchleitner was still a baby, his parents made a plan for the worst-case scenario. Cordova, who now has seven children and four grandchildren, says he thought of his own children when he came across Chris Buchleitner in the Arizona wilderness.

Persons: Chris Buchleitner, van, Chris, He’d, he’d, Manuel Cordova’s, Chris doesn’t, Chris’s, Dawn Tomko, Tanner, Jade, Manuel, Manny, Magdalena de Kino, Saint Francis Xavier, Father Kino, Manuel Jesus Cordova Soberanes, Norma Jean Gargasz, Magdalena, Manuel burrowed, ” Manuel, “, who’d, Manuel Cordova, Jeffry Scott, Chris hadn’t, Manuel he’d, Michael M, Foster, Dennis DeConcini Port, Alma Lidia Soberanes, Cordova, Manuel finally, ” Manuel didn’t, Manuel hadn’t, Jack Buchleitner, —, Jack, Dawn, Mary Butera, Christopher, Mary, Vinny Butera, Austin Steele, don’t, Mexico Manuel, They’d, ”, that’s, Julian Rigg, Emmanuel Macron, Raul Grijalva, he’s, hadn’t, Eythan, they’re Organizations: CNN, Patrol, Border Patrol, Jesuit, Saint, Police, Arizona Daily Star, AP, Ranger, Rico Fire, Dennis, Duquesne University, UPMC, Coopers Rock State Forest, North, Facebook Locations: Arizona, Mexican, Mexico, Tucson, Phoenix, American, Rimrock , Arizona, Magdalena, Sonora, Nogales, Nogales , Arizona, manila, Pennsylvania, Pittsburgh, UPMC Shadyside, West Virginia, Washington, North, Magdalena’s, Mexicali, United States, France, Emmanuel Macron . Arizona, America

MADISON, Wis. (AP) — Animal welfare advocates filed a lawsuit Wednesday seeking to invalidate Wisconsin's new wolf management plan, accusing state wildlife officials of violating the state's open meetings law and disregarding comments from wolf researchers and supporters. The Great Lakes Wildlife Alliance, also known as Friends of the Wisconsin Wolf and Wildlife, filed the latest lawsuit in Dane County Circuit Court. The organization describes itself as a statewide group of hunters, farmers, politicians, business owners and animal welfare advocates who support science-based conservation. Adam Payne, the department secretary at the time, announced revisions were coming after the February talks with the organizations that favor further limiting the wolf population. The Department of Natural Resources adopted a wolf management plan in 1999 that called for capping the population at 350 wolves.

Persons: Adam Payne, Molly Meister Organizations: Farmers, Lakes Wildlife Alliance, Wisconsin Wolf, Wildlife, Dane County Circuit Court, of Natural Resources, Wisconsin Wildlife Federation, Wisconsin Association of Sporting Dogs, Natural Resources, DNR Locations: MADISON, Wis, Wisconsin, Dane County

☆ Holiday shopping: Months-long sale season may dilute the impact of Black Friday
▼ + stars: | 2023-11-21 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +7 min

The day after Thanksgiving historically has marked the start of the holiday shopping rush. This matters because the November-December gift-buying months combined can account for about 20%, or a sizable chunk, of retailers’ sales for the full year. Retailers this year trotted out early Black Friday-like deals weeks ahead of the annual day-after-Thanksgiving shopping bonanza. “It is a lengthier shopping season because retailers were rolling out early Black Friday deals as early as October. Walmart’s first round of early Black Friday deals included a 50-inch TV house brand for $148.

Persons: New York CNN —, “, ”, Marshal Cohen, Cohen, Yuki Iwamura, Adam Davis, Wells, they’ll, Cohen doesn’t, doorbusters, Julie Ramhold, ” Ramhold, Charlie Riedel, Walmart’s, “ I’m, Chromebooks Organizations: New, New York CNN, National Retail Federation, Getty, Retailers, “, ”, Shoppers, Apple, Valentine’s Locations: New York, AFP, Wells Fargo

In 2021, there were nearly 700,000 divorces — both celebrity and not — across the 45 states that gather this data. If the case goes to trial, Douglas said, the cost can be even higher. Divorce entails big financial, life changesWith divorce comes a lot of life changes — significant ones. Norman estimates this life event cost him between $172,799 and $191,000. "We bought a boat for the kids ... then there was this custody battle and it just drained all of my accounts."

Persons: Johnny Depp, Amber Heard, Jennifer Lopez, Marc Anthony, Katie Holmes, Tom Cruise, Joe Jonas, Sophie Turner, —, Elizabeth Douglas, Douglas, There's, John Norman, Norman, hadn't Organizations: Douglas Family Law Locations: U.S, New York, Ithaca , New York

☆ From black gold to green power: Texas, weirdly, is leading America's clean energy future
▼ + stars: | 2023-11-21 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +16 min

John DavisDeals like Davis' have made Texas — America's oil capital for more than a century — the top producer of renewable energy in the US. The state has long generated the most wind power and is second only to California as a solar-energy producer. The high-stakes battle for Texas' energy future is a microcosm of how tricky America's green transition is shaping up to be, especially when politics are involved. Slowing down renewable energy could cost Texas in the long term, both economically and socially. The coalition seems to be growing stronger, even as Texas politicians shift further to the right on issues beyond renewable energy.

Persons: John Davis, Davis, Greg Abbott, Critics aren't, there's, George W, Bush, Rick Perry, Abbott, Winter Storm Uri, hasn't, it's, It's, Judd Messer, Madeline Gould Laughlin, Michael Looney, San Angelo Chamber of Commerce Brent Bennett, Bennett, Messer, That's, Enel's Laughlin, Enel, Sandhya Ganapathy, Catherine Boudreau Organizations: Menard, RES, Texas, Republican, Texans, Power Alliance, John Davis Texans, University of Texas, Winter Storm, ERCOT, Bloomberg, Texas Public Policy Foundation, Texas Energy Fund, Advance Power Alliance, San, San Angelo Chamber of Commerce, Chamber of Commerce, ExxonMobil, Chevron, West Texas Chamber of Commerce, Lone Star, EV Locations: North Dakota, Texas, America, Nowhere, Menard , Texas, Concho County , Texas, California, Menard, Austin, San Angelo, Midland , Texas

☆ A hedge fund exec is funding hunts for treasures in shipwrecks at the bottom of the ocean
▼ + stars: | 2023-11-18 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

A 43 year-old hedge fund exec was revealed as one of the world's leading deep-sea treasure hunters. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA hedge fund executive has been unmasked as one of the world's leading deep-sea shipwreck hunters after a Bloomberg Businessweek investigation uncovered his decades-long hunt for sunken treasure worth billions. Marshall Wace is one of the world's biggest hedge funds, managing assets worth about $62 billion. AdvertisementThe technology has allowed wealthy individuals like Clake to fund exploration of the seabeds.

Persons: —, Anthony Clake, Marshall Wace, He's, Clake Organizations: Service, Bloomberg Businessweek, Bloomberg, SS, Colombian, US, Business Locations: London, American, South Africa, Africa, Spanish, Colombian, Bolivian, San

SAVANNAH, N.Y. (AP) — A man on a hunting trip was shot and killed in western New York on Saturday, the first day of the state's regular deer and bear hunting seasons, authorities said. The Wayne County Sheriff's Office said it responded at about 7 a.m. to a report that a hunter had been shot in Savannah, about 50 miles (80 kilometers) east of Rochester. When deputies arrived, they found the man was fatally wounded during a hunting excursion, police said. The sheriff's office did not say how the man was shot and had not released his name as of late Saturday afternoon. Political Cartoons View All 1256 ImagesThe sheriff's office and state Department of Environmental Conservation police were investigating.

Organizations: Sheriff's, Audubon, of Environmental Conservation Locations: SAVANNAH, N.Y, New York, Wayne, Savannah, Rochester

☆ Uncle Sam cleverly goes long on short sellers
▼ + stars: | 2023-11-15 | by ( John Foley | ) www.reuters.com time to read: +4 min

The United States is a rare place where financial regulators hand out cash for information that leads to successful enforcement. Moreover, the rewards are not just for corporate insiders, but also short sellers. In 2019, the SEC doled out $60 million, a sum it has already exceeded nearly five-fold this year. Skeptical investors – notwithstanding their sleuthing skills – generally trade on information regulators could in theory find themselves. Short sellers aren’t always welcome, but some are undeniably being put to good use.

Persons: Julia Nikhinson, Carson Block, Kyle Bass, Waters, It’s, aren’t, ”, Jeffrey Goldfarb, Sharon Lam Organizations: U.S, Capitol, Congress, REUTERS, Reuters, U.S . Securities, Exchange Commission, Hayman Capital, SEC, Bloomberg, Futures Trading Commission, European, Harvard University, Workers, Thomson Locations: Washington , U.S, United States

Drumnadrochit, Scotland CNN —It’s not the volume of water in Loch Ness that impresses, although that’s substantial. The "surgeon's photographs" of 1934 are the most famous images of the Loch Ness Monster -- although they were later exposed as a hoax. “It’s a really bizarre extended family of Loch Ness enthusiasts,” says McKenna, his love for the project glowing in every word. But, says McKenna, “Loch Ness is so fascinating that it can cause these mirages. Until then, the Loch Ness Exploration group meets monthly on the loch and is free and open to everyone — believers, sceptics and agnostics alike: details are on the public Facebook page.

Persons: Scotland CNN — It’s, ”, Alan McKenna, Jeff J Mitchell, you’ve, you’ll, Loch, it’ll, Hugh Gray, Aldie McKay, Saint Columba, Aleister Crowley’s, Jimmy Page, Adrian Shine, Rasputin, Santa, He’s, McKenna, Steve Feltham, who’s, “, Alistair Matheson, Aldie, We’re, Loch Ness, Russell Cheyne, Matheson, we’ve, Andy Buchanan Organizations: CNN, Scotland CNN, Edinburgh, Getty, Loch, Keystone, “, Reuters, Pacific . Locations: Drumnadrochit, Scotland, Loch Ness, guesthouses, Isle, Skye, Boleskine, Santa Claus, Edinburgh, Loch, ”, Pacific, AFP

☆ Insider Today: Financial freedom's reality
▼ + stars: | 2023-11-11 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, I'm exploring something equally mysterious to me: How people who have achieved financial freedom got there, and what their lifestyles are like. The big storyThe work behind financial freedomTyler Le/InsiderPassive income. The concept of financial freedom sounds like a dream come true. The Insider Today Saturday team: Diamond Naga Siu, senior reporter, in San Diego.

Persons: —, Tyler Le, Dion McNeeley, Brian Luebben, they've, Arantza Pena Popo, Heather Johnson, Brandon Timothy, Heather, Brandon, he's, Austria Cassandra De Pecol, who's, Zers, Gen Zers, I'm, Nolan Church, Nicole J, Van, Bean, Dunkin, Krispy, Eduardo Munoz, Samantha Lee, Chelsea Davis Spatchcocking, Naga Siu, Dan DeFrancesco, Hallam Bullock, Lisa Ryan Organizations: Service, YouTube, Airbus, Orlando International, Google, Doordash, Riverton, REUTERS Locations: Austria, Pakistan, Tunisia, Riverton , Wyoming, Texas, Van Groningen, San Diego, New York City, London

☆ Inside the Army Factory That Makes AR-15 Ammunition: 4 Takeaways
▼ + stars: | 2023-11-11 | by ( Ben Dooley | More About Ben Dooley | ) www.nytimes.com time to read: +2 min

For most of that period, its commercial operations outstripped its military business. As those rifles have appeared in crimes, so has the plant’s ammunition. The vast majority of Lake City rounds sold by retailers have gone to law-abiding citizens, including hunters, farmers and target shooters. But some Lake City rounds have been seized from drug dealers, violent felons, antigovernment groups, rioters at the U.S. Capitol and smugglers for Mexican cartels. Lake City rounds have been tied to at least a dozen mass shootings involving AR-15-style guns.

Persons: —, Barack Obama, Marjory Stoneman Organizations: Army, Lake, U.S . Capitol, Los Angeles International Airport, Calif, Las, Baptist, Marjory Stoneman Douglas High School, FedEx, Robb Elementary School, Colorado Springs Locations: Lake City, Massachusetts, Lake, Aurora, Colo, San Bernardino, Sutherland Springs , Texas, Parkland, Fla, Pittsburgh, Midland, Odessa , Texas, Indianapolis, Denver, Buffalo, Uvalde , Texas, Colorado

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