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When the San José made its final voyage from Seville, Spain, to the Americas in 1706, the Spanish galleon was considered to be one of the most complex machines ever built. But in an instant, the armed cargo vessel went from a brilliant example of nautical architecture to what treasure hunters would come to consider the Holy Grail of shipwrecks. The San José was destroyed in an ambush by the British in 1708 in what is known as Wager’s Action, sinking off the coast of Cartagena, Colombia, with a haul of gold, jewels and other goods that could be worth upward of $20 billion today. But the myth built around the San José has prompted the Colombian government to keep its exact location a secret as a matter of national security. It is the latest maneuver in a decades-long drama that has pitted treasure hunters, historians and the Colombian government against one another.

Persons: José, Gustavo Petro Locations: Seville, Spain, Americas, Spanish, José, Cartagena, Colombia, Colombian

☆ Wall St Week Ahead Bargain or trap? US bank stock outlook hinges on Fed's path
▼ + stars: | 2023-11-10 | by ( David Randall | ) www.reuters.com time to read: +4 min

Bank stocks are at an all-time low compared with the S&P 500 based on relative prices, according to data from BofA Global Research. One key factor for bank stocks is whether the Federal Reserve is close to wrapping up a monetary tightening cycle that has brought the highest U.S. interest rates in decades. Yet signs the Fed may keep rates around current levels through most of next year have weighed on bank stocks. This month, analysts at BofA Global Research said investors should “selectively” add exposure to bank stocks in anticipation of an interest rate peak. Overall, about 61% of all outstanding mortgages have an interest rate below 4%, according to the Apollo Group, leaving consumers little incentive to refinance or move.

Persons: Brendan McDermid, ”, Quincy Krosby, Bill Gross, Neville Javeri, Goldman Sachs, Jeff Muhlenkamp, David Randall, Bansari Mayur, Ira Iosebashvili, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Silicon Valley Bank, Bank, BofA Global Research, LPL, Federal Reserve, Fund, Allspring Global Investments, Fifth Third Bancorp, Investors, Apollo Group, financials, Fed, Muhlenkamp & Company, Thomson Locations: New York City, U.S, Silicon

☆ Extraordinary photos reveal the secret kingdom of the soil
▼ + stars: | 2023-11-08 | by ( Nell Lewis | ) edition.cnn.com time to read: +7 min

It’s a scene most of us might associate with an open savannah in a nature documentary, but photographer Andy Murray is watching the drama unfold from his back garden in Somerset, UK. To Murray, these microscopic soil animals are as fascinating as the lions and zebras you might see on safari – just far more accessible, if you know where to look. “They live in this tiny world; it works like our world, it’s just on a really small scale,” he tells CNN. Andy MurrayYet despite this wealth of life, the creatures living in the soil beneath our feet are relatively unknown. “He captures moments of soil life doing interesting and cool things,” says Anthony, such as laying eggs in a place where we would never expect.

Persons: Andy Murray, He’s, Murray, ”, “, Mark Anthony, Anthony, they’ve, it’s Organizations: CNN, United Nations, Food, Agricultural Organization, Swiss Federal Research Institute for Forest, Research Locations: Somerset, Mexico City, Europe, Australia, New Zealand, Tasmania

☆ 82-year-old went on 'Shark Tank'—and landed a 5-figure offer: 'You're a star'
▼ + stars: | 2023-11-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The 82-year-old co-founder of hunting manufacturer Air Boss Outdoors joined up with his business partner, Keith Lindsey, to pitch a product called the Krapp Strapp on Friday's episode of ABC's "Shark Tank." The Krapp Strapp is a weatherproof strap designed to help hunters, campers and outdoorsmen relieve themselves more comfortably. Cuban gave Legg and Lindsey similar feedback, saying he'd only make them an offer if everyone else's proposals were "nasty." The Krapp Strapp duo accepted, garnering praise from Cuban. "Now, you two [Greiner and John] can say you help people do the deuce outdoors," Legg said, on his way out.

Persons: Bob Legg, Keith Lindsey, It's, Lindsey, Legg, Legg chimed, Mark Cuban's, Robert Herjavec, Kevin O'Leary, Strapp, Herjavec, he'd, Lori Greiner —, Daymond John, Greiner, Bob, Cuban, John, Warren Buffett Organizations: Air, Outdoors, CNBC, Cuban Locations: U.S, Jacksonville , Texas

Cheetahs are usually daytime hunters, but the speedy big cats will shift their activity toward dawn and dusk hours during warmer weather, a new study finds. While cheetahs only eat fresh meat, lions and leopards will sometimes opportunistically scavenge from smaller predators. But the new study found that on the hottest days, when maximum daily temperatures soared to nearly 45 degrees Celsius (113 degrees Fahrenheit), cheetahs became more nocturnal — increasing their overlapping hunting hours with rival big cats by 16%. In addition to competition with lions and leopards, cheetahs already face severe pressure from habitat fragmentation and conflict with humans. The fastest land animal, cheetahs are the rarest big cat in Africa, with fewer than 7,000 left in the wild.

Persons: ”, Briana Abrahms, Bettina Wachter, Wachter, Kasim Rafiq, Rafiq —, it's Organizations: Cheetahs, Royal Society, University of Washington, “, Cheetah Research, Leibniz Institute for Zoo, Wildlife Research, Botswana Predator Conservation, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: “ Lions, Namibia, Botswana, Africa, Zambia

Walk up to Lafayette Avenue between Fulton Street and Bedford Avenue for one of the best parties along the course. You can also catch runners at several points in Williamsburg and Greenpoint, along Bedford Avenue between Lafayette Avenue and Nassau Avenue. Take the L train to Bedford Avenue, the M or J train to Marcy Avenue or the G train to Nassau Avenue or Greenpoint Avenue. The Q subway line stops at several points along this stretch. North of 96th Street, use the 6 subway line to get to this part of the course.

Persons: It’s, Alexander, Duke Ellington, Charles A, Dana, Harlem Meer, “ Organizations: New York, Brooklyn, Barclays Center, Lafayette, Bedford, Queens, ., Dana Discovery Center, Park, Columbus, West Locations: Staten Island, Brooklyn, Staten, Bay Ridge, Sunset, Park, Flatbush, Fulton Street, Williamsburg, Greenpoint, Bedford, Lafayette Avenue, Nassau, Avenue, Vernon, Jackson, . Manhattan, Manhattan, Bronx, Harlem

☆ LinkedIn just launched a new AI job coach for Premium members
▼ + stars: | 2023-11-02 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +2 min

LinkedIn is adding an AI career coach to help Premium users with job-hunting. AdvertisementAdvertisementLinkedIn has added an AI career coach to help Premium users with job-hunting. AdvertisementAdvertisementThe AI options are still in beta and available only to a limited number of LinkedIn Premium members. LinkedIn, which says it now has more than 1 billion members, has been working to integrate AI tools into its platform. Along with the AI job coach, LinkedIn is also integrating AI-powered tools it says will analyze information in users' feeds and turn it into "actionable takeaways."

Persons: LinkedIn's, —, Nima Owji, Tomer Cohen, you'll Organizations: Service, LinkedIn

☆ Applying for too many jobs may keep you from getting hired. Avoid sending a ‘firehose of applications,’ economist warns
▼ + stars: | 2023-11-01 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

In this article ZIP Follow your favorite stocks CREATE FREE ACCOUNTFiladendron | E+ | Getty ImagesApplying to multiple job openings can increase your chances of landing a new gig. However, if you're thinking of sending out what one economist called a "firehose of applications" all at once and then just waiting for responses, think again. "The problem is that sometimes people take a college application approach to the job search," said Julia Pollak, chief economist at ZipRecruiter. 'Set a daily goal of a number of applications'There are more strategic ways to go about the job search and application process instead of applying to jobs on mass, according to experts. Julia Pollak chief economist at ZipRecruiter

Persons: Julia Pollak, Pollak, Nick Bunker, —, Gabrielle Davis Organizations: ZipRecruiter, Finance, Union, U.S . Department of Labor, ZipRecruiter Survey, New Locations: U.S

☆ Wavering ‘Magnificent Seven’ draw bargain-hunters amid U.S. stock sell-off
▼ + stars: | 2023-11-01 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

Surging bond yields and mixed earnings reports have weighed on the so-called Magnificent Seven stocks, which are collectively down an average of about 15% from their 52-week highs, though they all still sit on hefty gains for the year. The stocks now trade at an average forward price-to-earnings ratio of about 30 times compared with 45 times in mid-June. I actually think the Magnificent Seven will hold up better,” said King Lip, chief strategist at Baker Avenue Wealth Management. Because the Magnificent Seven have a combined weighting of 28% in the S&P 500, their performance holds a large sway over the broader index. Lip said his firm owns shares of all seven companies and has recently added to its holdings in some of them.

Persons: Brendan McDermid, Meta, ”, Lip, Jay Hatfield, Kim Forrest, ” Forrest, Apple’s, Hatfield, Thomas Ognar, Ognar, ” Ognar, Lewis Krauskopf, Ira Iosebashvili, Jonathan Oatis Organizations: NVIDIA Corp, New York Stock Exchange, REUTERS, Apple, Microsoft, Wealth Management, Tech, BofA Global Research, Vanda Research, Federal, Treasury, U.S, Google, Facebook, Bokeh Capital Partners, Nvidia, Allspring, Thomson Locations: New York City, U.S

That’s very different than how Google defines Flatbush:Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readers Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readersLet’s look closely at Brooklyn’s Prospect Heights, which has mostly sharp edges and one very blurry one:Sharp prospect heights Sharp blurry Sharp Prospect Park Sharp prospect heights Sharp blurry Sharp Prospect Park Crown heights Prospect Park Crown heights Prospect Park prospect heights ? Crown heights Prospect Park prospect heights ? Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 80% 60 Black 40 White 20 2000 2022 80% Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 60 Black 40 White 20 2000 2022 Source: Furman Center, N.Y.U. prospect heights Condo for sale crown heights Prospect Park prospect heights Condo for sale crown heights Prospect ParkStreetEasy lists the unit as being in Crown Heights. A local grocery store on Classon Avenue — two blocks east of Washington,prospect heights Key Food Prospect Heights crown heights Prospect Park prospect heights crown heights Key Food Prospect Heights Prospect Parkused to be called Gala Fresh Farms.

Persons: Van, Obeid, ”, It’s, who’s, New, Casey Berkovitz, Mr, ’ you’re, ‘, Yemen ’, ” Mr, ” Long, Robert Moses ’ Brooklyn, Red, “, ” Colson Whitehead, Readers, Fort Greene, Tubby, ., Red Hook, Hook, Whitehead, we’ll, Douglas Elliman, ” “, streeteasy, Xavier Santiago, it’s, Suleiman Osman, Rambo, Ross Perlin, Perlin, Sures, Yemen hasn’t Organizations: Kennedy, Google, Bronx Zoo, East Harlem —, Carnegie, Brooklyn, New York Times, Times, Richmond Hill, city’s, Department, Bronx . The Bronx Muslim, Bushwick :, Stuyvesant Bushwick, Powell, soho tribeca, New York Public, Queens Expressway, Yorkers, steinway, Queens, Navy, Waterfront District, Fort, Brooklyn - Queens, Yorker, Bushwick, Jersey Silver, Park New Jersey Silver, Prospect, White, Furman Center, Sterling, East, Manhattan’s, brooklyn South brooklyn South brooklyn South brooklyn, Liberty Loan, Carroll Gardens, “, brooklyn ”, Language Alliance, East Harlem, Washington Locations: New York City, Bronx, Morris, New York, Little Yemen, Manhattan, East, Sugar, Clinton, Rose, Richmond, Todt, Lenox, Forest, Cypress Hills, Murray, Yemen, “, Brooklyn, Bushwick, Bushwick : Bushwick Bedford, Stuyvesant Bushwick Bedford, Stuyvesant, Windsor Terrace, windsor, Green, kensington, Queens, Point, Flushing, Powell, Lower Manhattan, TriBeCa, SoHo, Houston, soho, Hudson, Lispenard, Queens Expressway Brooklyn, Astoria, Woodside, Jackson Heights, astoria, sunnyside Brooklyn, Dumbo, Columbia, Red Hook, williamsburg, columbia, carroll, Red, Fort Greene Park Brooklyn, Queens Expressway columbia, Williamsburg, greenpoint East, Queens Expressway williamsburg, greenpoint East River williamsburg Brooklyn, East Williamsburg, ”, BoCoCa, Hamilton Heights, Greenwood Heights, Hudson Heights, Lincoln, Bridges, Carnegie Hill, Manhattan Valley, SpaHa, Village, Bedford, Kingsbridge, Riverdale, Fort, Inwood, Inwood washington, chelsea, greenpoint tribeca williamsburg ridgewood kew, brooklyn, bushwick, Soho ridgewood kew, Sheepshead, Shore, Staten Island, Jersey, Park New Jersey, Flatbush, Prospect, Prospect Heights , Brooklyn, Heights , Brooklyn, Prospect Heights, Crown, Washington, Classon, Crown Heights, Side, East Harlem, harlem, Harlem, Central, streeteasy, carnegie, South Brooklyn, Carroll, Revolutionary, Boerum, Cobble, South Bronx, Spanish Harlem, South Harlem, Lower, Loíza, Puerto Rico, Language, Barrio, Puerto Rican, Hispaniola, Dominican, Washington Heights

Hundreds of law enforcement officers are scouring southern Maine for the suspect, Robert R. Card Jr., a 40-year-old Army reservist. The first 36 hours of the manhunt underscored the challenges of finding a fugitive in thickly wooded terrain. An outdoorsman who has spent years in the military, Mr. Card knows guns and knows the region. Maine is vast and sparsely populated, with about 1.3 million residents spread across more than 30,000 square miles of forest. The state is dotted with campgrounds that by this time of year are no longer filled with summer tourists.

Persons: gunning, Robert R, Card, Eric Rudolph, Danelo Cavalcante Organizations: Army Locations: Lewiston , Maine, Maine, Atlanta

☆ People on 4 continents can look up to see ‘a bite taken out of’ the moon this weekend
▼ + stars: | 2023-10-27 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +5 min

Surrounding the partial eclipse will be a penumbral eclipse that begins at 2:01 p.m. The full beaver moon begins to pass through the Earth's shadow during a total lunar eclipse in November in New York. A total lunar eclipse is more aligned than a partial lunar eclipse, with the moon moving completely into Earth’s shadow, while a partial lunar eclipse features the moon passing through only part of Earth’s shadow. The partial lunar eclipse on Saturday comes two weeks after an annular solar eclipse that made a “ring of fire” in the sky over the Americas. More celestial eventsThe next lunar eclipse will be a penumbral lunar eclipse that will be visible to stargazers in North America and will not occur until March 25, 2024.

Persons: EarthSky, Gary Hershorn, Dr, Shannon Schmoll, ” Schmoll, it’s, Schmoll, Leonids, Geminids, Ursids Organizations: CNN, Corbis, NASA, Michigan State University, “, Farmers Locations: Europe, Africa, Asia, Australia, North, South America, New York, Americas, North America

☆ The race to create the 'Amazon of real estate' could change home buying forever
▼ + stars: | 2023-10-25 | by ( James Rodriguez | ) www.businessinsider.com time to read: +14 min

But after years of trying, the basic structure of buying and selling a home remains pretty much the same. Even if you accept a bit of intricacy, real estate remains a stodgy industry — and regulation is at the core of that resistance to change. Despite the best efforts of would-be disruptors to cut out this middleman, 88% of buyers this year enlisted a real-estate agent, a Zillow survey found. Short of a tech-enabled homebuying nirvana, there are some other changes that could make the process easier for consumers. Saul Klein, an early internet evangelist in the real-estate industry, told me he sees an approaching "paradigm shift."

Persons: that's, you'll, they're, it's, Mike DelPrete, Rob Hahn, DelPrete, aren't, they'd, pocketing, —, ClosingCorp, we're, John Berkowitz, hasn't, Berkowitz, They're, Bobby Bryant, Bryant, Rich Barton, Wendy Gilch, Gilch, Saul Klein, Klein, James Rodriguez Organizations: Companies, University of Colorado Boulder, National Association of Realtors, Ojo, Group Inc, Universal Locations: Washington, California, Georgia

☆ Startup workers are on edge
▼ + stars: | 2023-10-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at why startups that have navigated multiple rounds of layoffs have left their workers feeling defeated. It's a question more and more startup employees are contemplating amid a historic downturn in the industry coupled with a pullback in VC funding. But as Insider's Samantha Stokes and Madeline Renbarger detail, employees are on edge nowadays because of the threat of multiple layoffs in a short time. Why work for a corporate entity and be a cog in the wheel when you can get hands-on experience at a startup? AdvertisementAdvertisementiStock; Rebecca Zisser/InsiderBut just because layoffs are a necessary evil of the startup industry, that doesn't mean employees' concerns aren't warranted.

Persons: —, Jamie Dimon isn't, JPMorgan's Jamie Dimon isn't, Samantha Lee, Samantha Stokes, Madeline Renbarger, Samantha, Madeline they've, Rebecca Zisser, Severance, Jamie Dimon, David Rosenberg, Myriam, Airism, Arantza Pena Popo, Chris Rondeau, it's, Katy Perry, Pablo Picasso, Kiersten, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, What's, JPMorgan, EV, Microsoft, TikTok, IBM, Boeing, Meta, Mattel Locations: Southern California, New York City, San Diego, London, New York

SUPER FOG OR SMOG? Super fog and smog are both types of fog, according to the National Weather Service. Political Cartoons View All 1218 ImagesThe term super fog describes fog enhanced by smoke from damp, smoldering organic material, according to the weather service. Fireworks can contribute to super fog conditions, and Stanfield said super fog has occurred during Fourth of July and New Year's celebrations. Increasing wind and high pressure were moving towards Georgia, eliminating any imminent threat of a repeat super fog event.

Persons: Tyler Stanfield, ”, Stanfield, Mike Strain, ” Strain, “ They’re, ” Stanfield, “, Stephen Murphy, Strain Organizations: National Weather Service, Tulane’s School of Public Health, Tropical, AP Locations: Louisiana, New Orleans, Orleans, LOUISIANA, Georgia

☆ An orca species that helped humans hunt whales for thousands of years may now be extinct, new research reveals
▼ + stars: | 2023-10-21 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +2 min

An orca species that hunted alongside humans for thousands of years is likely locally extinct. Orcas swam alongside Thaua hunters and led them to whales for thousands of years. Thaua hunters learned that they could work together with orcas in Australia's Twofold Bay, helping lead them straight to their prey. Some Thaua hunters even sang to the orcas to encourage them to herd whales inland. AdvertisementAdvertisement"My people had a long-lasting friendship with the beowa in Eden, especially Old Tom," Holmes wrote.

Persons: Orcas, —, Australia —, orcas, Steven Holmes, Holmes, Isabella Reeves, Reeves, Tom, Nan, Catherine Holmes nee Brierly, Budginbro Organizations: Service Locations: Australia, Eden

☆ The culinary delights hidden inside Hong Kong’s markets
▼ + stars: | 2023-10-20 | by ( Maggie Wong | ) edition.cnn.com time to read: +11 min

Hong Kong CNN —Offering everything from Michelin-endorsed dim sum to juicy smoked goose served in a world-renowned restaurant, Hong Kong is home to some of the finest culinary experiences on the planet. But don’t fret – we have put together a list of eight top-quality Hong Kong markets along with some of the best dishes to try. Queen Street Cooked Food MarketQueen Street Market serves some of the most authentic Chiuchow -- a regional Cantonese cuisine -- dishes. Maggie Wong/CNNA foodie haven in the north of Hong Kong, Yuen Long is a hub for both modern and traditional eateries. The relatively run-down look of the Fa Yuen Street Cooked Food Market inside only adds to the charm.

Persons: ”, Lui Ka Chun, Kongers, Lui, “, Wai Kee, Maggie Wong, Kau Kee, ngau, jyu beng, Kan, Hong Kong’s, Lok Yuen, yuen yeung, Tsang Kee, Chan Chun Kee, suckling, Tai Po Hui, Lam Kee, Tung Kee, Ping Kee, Ng Zai Kee, Bon, Tsun, CNN Kwun, Long, Tim Kee, Yuen Long, it’s, Kee’s, Fa, Mui Kee Congee, Shau Kee Wan Organizations: CNN, Hong Kong CNN, Michelin, Lok, Market, Queen, Thai &, Thai & Vietnam Cuisine, ABC, Tai Po Hui, Food, hawker, Hong Kong’s, Fa Yuen, Kitchen Locations: Hong Kong, Hong, hawker, Kong’s, Kan Kee, Kowloon City, Kowloon Walled City, Lok, Beijing, Thai, Thai & Vietnam, Tai Po, New Territories, Shanghai, Kwun Tong, CNN Kwun Tong, Kowloon, Sichuan, Yuen, Mong Kok, Aldrich, Aldrich Bay, Shau

☆ 'Erratic' Hurricane Norma on track to hit Mexico's Baja California
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

[1/6] Workers remove a stand off a beach as Hurricane Norma barrels towards the Baja California peninsula, in Cabo San Lucas, Mexico, October 20, 2023. REUTERS/Fernando Castillo Acquire Licensing RightsCompanies Estado de Baja California FollowMEXICO CITY, Oct 20 (Reuters) - Hurricane Norma strengthened as it churned toward the southern tip of Mexico's Baja California peninsula on Friday afternoon, threatening heavy rainfall beginning on Saturday at the area's popular tourist resorts. The "major hurricane," according to air force hurricane hunters, is advancing to the north at a speed of 8 mph (13 km/h), the NHC said. "It's a very strong storm," state Governor Victor Manuel Castro told reporters at a press conference, describing it as "erratic." The NHC warned of dangerous winds, heavy rainfall and possible flooding across southern Baja California through Saturday.

Persons: Fernando Castillo, Norma, Victor Manuel Castro, Castro, Sarah Morland, Natalia Siniawski, Deborah Kyvrikosaios, David Gregorio, Chris Reese Organizations: Workers, REUTERS, Estado, U.S, National Hurricane Center, NHC, Monday, Thomson Locations: Baja California, Cabo San Lucas, Mexico, California, MEXICO, Mexico's Baja California, Norma, Sinaloa, Pacific, Baja

“Clearly, the story of limited inventory and rising and rising mortgage rates continues to hinder the home sales market,” said Lawrence Yun, the NAR’s chief economist. Political Cartoons View All 1211 ImagesYun also said he expects mortgage rates will ease by next spring. Mortgage rates have been climbing along with the 10-year Treasury yield, which lenders use as a guide to pricing loans. That amounts to just a 3.4-month supply, going by the current sales pace. The combination of higher mortgage rates and rising prices has particularly hurt first-time homebuyers who don't have any home equity to put toward their down payment.

Persons: That’s, “, ”, Lawrence Yun, Yun, Freddie Mac Organizations: ANGELES, National Association of Realtors, Sales, Treasury, U.S, Homes, NAR Locations: U.S

☆ Leaked T.J. Maxx document shows the extreme lengths angry customers will go to get their hands on viral products like Rae Dunn mugs
▼ + stars: | 2023-10-16 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +6 min

Insider verified its legitimacy with a T.J. Maxx employee. Rae Dunn collectors, or "Dunn hunters," as The Washington Post calls them, are known to line up outside T.J. Maxx stores before opening and fight over merchandise. Insider spoke with two current T.J. Maxx employees who requested anonymity for fear of professional repercussions. In the document, T.J. Maxx suggests several ways for employees to engage customers to temper their frustration. "When someone is screaming at somebody else in a T.J. Maxx, you've kind of gone beyond logic," they said.

Persons: Rae Dunn, —, Maxx, Dunn, somebody's, it's, Squishmallows, It's, aren't, who's Organizations: Service, Maxx, Washington Post

☆ Bargain hunters dig in to 'cheap' European banks
▼ + stars: | 2023-10-16 | by ( Naomi Rovnick | ) www.reuters.com time to read: +4 min

Just before earnings season kicks off, European bank shares are sporting a dividend yield of almost 8%, making them cheaper on this basis than during the 2008 global financial crisis. European banks, which struggled during 2014 to 2022 as the ECB kept rates below zero, have had a major boost from hiking their loan costs in line with central bank rates. Analyst forecasts collated by European asset manager Amundi show European banks are expected to grow adjusted earnings per share by 25% this year, followed by a 6% gain in 2024. Generali's Morganti said he has moved his position on European banks from negative to neutral and was likely to add more. He did not forecast quick gains for European banks ahead, however.

Persons: Guy de Blonay, Sebastiano Pirro, Roger Lee, Amundi, LSEG, Michele Morganti, Italy's Unicredit, Banks, Pirro, Generali's Morganti, Naomi Rovnick, Joice Alves, Dhara Ranasinghe, Hugh Lawson Organizations: Reuters Graphics Banks, Jupiter Asset Management, Algebris Investments, European Central Bank, Reuters, ECB, Bank, Generali Investments, Monetary Fund, Thomson

☆ Neanderthals hunted cave lions at least 48,000 years ago, and feasted on their meat, ancient bones reveal
▼ + stars: | 2023-10-13 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

Neanderthals skillfully hunted giant cave lions, a study showed for the first time. AdvertisementAdvertisementNeanderthals hunted cave lions with wooden spears and feasted on their meat at least 48,000 years ago, according to a study of ancient bones. But they didn't just target cave lions for sustenance. Cave lion bones are shown next to a replica spear Volker Minkus. The study suggests the hunt was designed "to get something on a social level, some social rewards," he said.

Persons: —, Gabriele Russo, Russo, Julio Lacerda, Volker Minkus, it's, It's Organizations: Service Locations: Germany, Bavaria, Eurasia, Siegsdorf, Croatian, Africa

☆ Homebuyer demand has crashed to its lowest level in almost a year as mortgage applications hover near a 3-decade low
▼ + stars: | 2023-10-13 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Mortgage-purchase applications are hovering near their lowest mark in 30 yearsRedfin's Homebuyer Demand Index dropped to its lowest level in nearly a year, down 5% since last October. AdvertisementAdvertisementThe unaffordable housing market has weighed on homebuyer demand across the US, according to a Thursday Redfin report. Many house hunters and current owners have stayed sidelined with mortgage rates near two-decade highs and the median monthly mortgage payment approaching $3,000. Plus, Redfin's Homebuyer Demand Index, a gauge that tracks tour requests and other early-stage demand signals, has dropped 5% compared to last October, seasonally adjusted, hovering at its lowest level in nearly a year. AdvertisementAdvertisementWeak homebuyer demand comes amid the Federal Reserve's historic rate hiking campaign.

Persons: —, Redfin Organizations: Mortgage, Service, Association .

☆ Hugh Dancy’s great-grandmother was murdered. He’s now starring in a podcast about the case
▼ + stars: | 2023-10-12 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Naomi Dancy was found murdered in 1937, killed by two gunshots to the face. When, years later, he discovers that subsequent occupants of the same house have been visited by the ghost of a faceless woman, he’s curious,” the press release states. Could there be a connection between the ghost and the murder?”Redman decided to take on the case and delve into the family secrets of his wife. But when you find out there might be one in your bedroom, and that it might be linked to a family murder: how could you not investigate?” Redman said in a statement. “I’ve spent two years reporting this story and I’m excited for people to hear it.

Persons: Naomi Dancy, Tristan Redman, Hugh Dancy, “ Hannibal ”, ” Redman, doesn’t, –, ”, aren’t, “ I’ve Organizations: CNN, Pineapple Street Studios

☆ Ecuador Banana Heir Daniel Noboa Hopes to Fulfill Father's Presidential Dreams
▼ + stars: | 2023-10-12 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +3 min

Gonzalez won an August first round with 34%, while Noboa came a surprising second with 23%. Noboa has also promised job creation, particularly for young people, and spent significant time campaigning at universities. He would boost employment through investment in strategic sectors and vocational training for job hunters, Noboa has pledged. Noboa resigned from a management position at his family's corporation to enter politics, winning a legislature seat in 2021. Noboa, a married father of two, frequently appears in videos on social media dancing and singing or DJ-ing music at his political rallies.

Persons: Alexandra Valencia, Daniel Noboa, Alvaro Noboa's, Luisa Gonzalez, Rafael Correa, Gonzalez, Noboa, Fernando Villavicencio, Guillermo Lasso, Janeth Tayo, Oliver Griffin, Rosalba O'Brien Organizations: Alexandra Valencia QUITO Locations: Ecuador, Guayaquil, Sangolqui, Quito

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