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☆ Spain approves mortgage support for more than 1 mln households
▼ + stars: | 2022-11-22 | by ( Jesús Aguado | ) www.reuters.com time to read: +3 min

In Spain, around three-quarters of the population are homeowners, with most opting for floating-rate mortgages which are exposed to interest rate rises. Other countries, such as Hungary, Portugal, Poland and Greece, have approved different forms of mortgage support. Spain's banks will provide mortgage support for vulnerable families earning less than 25,200 euros ($25,815) per year through an amended industry-wide code of good practice. They will be able to restructure mortgages at a lower interest rate during a five-year grace period. Measures will also make it cheaper for families to switch from variable to fixed rate mortgage contracts.

☆ Fact Check-TOGETHER Trial says involvement with FTX began after testing that found ivermectin ineffective
▼ + stars: | 2022-11-22 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

Amid news surrounding failed cryptocurrency firm FTX, social media users are pointing to FTX having funded the TOGETHER Trial, a research consortium that studied ivermectin as a COVID-19 treatment and found it to be ineffective. But FTX did not interact with the research group until after the ivermectin trial was over, a TOGETHER Trial spokesperson told Reuters. An Instagram user shared an image that said, “Holy crap look who funded the trial that said Ivermectin didn’t work” (here). Similar claims surrounding FTX’s involvement with the TOGETHER Trial are viewable (here) and (here). FTX is not named as a contributor to the ivermectin trial because they weren’t involved, according to Mills, who added that the same is true of hydroxychloroquine and the other medications TOGETHER Trial investigated during the pandemic.

☆ This Is Your Brain on ‘Deep Reading.’ It’s Pretty Magnificent. - The New York Times
▼ + stars: | 2022-11-22 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +57 min

But if over time, we have begun to elaborate this brain so that it includes deep reading, the unnatural apex of the achievement of reading is what deep reading provides. And every time I get off of a plane, I say to myself, I’m going to do that more. I’m going to sit and I’m going to have quiet time with a book. I’m going to bring this to me in a second, so I’m not just putting this on little kids. maryanne wolfThe first thing I do is understand the purpose of whatever I’m reading.

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The average cost of travel insurance has increased over the past week, according to travel agency Squaremouth. Travel insurance weekly rates at a glance:Average premium: $295.41Average trip cost: $5,919.12Average trip length: 16 daysAverage cost of travel insurance by most popular destinationsSome countries are naturally more expensive travel destinations due to higher flight and lodging costs, which could ultimately increase your travel insurance costs. Policy type Average days between purchase to trip Average trip length (days) Average trip cost Average cost of travel insurance Cancellation 53 13 $5,919.12 $375.42 Non-cancellation 16 20 N/A $94.03Source: SquareMouthAverage cost of travel insurance by ageA traveler's age is a significant factor in determining the cost of travel insurance. When calculating your travel insurance premium, travel insurance providers consider the likelihood of a medical emergency. Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.7/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.45/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Compare quotes On SquareMouth's website Compare quotes On SquareMouth's website Compare quotes On Travelex's websiteWhat does travel insurance cover?

☆ Activist investor asks News Corp to spin off unit instead of merger with Fox
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +2 min

Nov 21 (Reuters) - Activist investor Irenic Capital Management, which holds 2% of News Corp's (NWSA.O) Class B shares, has suggested a spin-off of the media company's digital real estate business or Dow Jones as an alternative to its merger with Fox Corp (FOXA.O). Shares of News Corp, which has a market value of $10.34 billion, were down 1.7% in morning trade. "Putting the two (News Corp and Fox) together makes no sense to us." In October, media mogul Rupert Murdoch proposed to reunite his media empire by combining News Corp and Fox Corp nearly a decade after the companies split. "The problem is they did not go far enough after they separated out News Corp in 2013," Huber added.

☆ ‘This is such an obvious opportunity’: New Goodwill store goes live online with a Picasso print, designer handbags and other treasures
▼ + stars: | 2022-11-21 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Whether consumers are looking to save or are hunting for a buried treasure, the resale business is booming. During the Covid pandemic, secondhand stores such as eBay, the RealReal and ThredUp thrived online. Over the next five years it is projected to grow by another 80% and hit $289 billion. "Goodwill is the 'OG' of thrifting," he said. Although Goodwill is known for secondhand clothing and housewares, more shoppers are coming to the site for one-of-a-kind finds, including art, designer handbags, jewelry and vintage sneakers, Kaness said — similar to what's happening in the industry overall.

☆ A former Twitter manager mocked Elon Musk's leadership in a song about 'working 9 to 9'
▼ + stars: | 2022-11-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A former Twitter manager mocked new owner Elon Musk's "Twitter 2.0" in a song. The lyrics reference long working hours, mass layoffs and resignations, and Musk's "sink in" stunt. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyA former Twitter manager mocked new owner Elon Musk in a song about "working nine to nine." The song pokes fun at many aspects of Musk's vision for "Twitter 2.0." "I slept on the floor, no time for a shower, gone hardcore with my 80 hours," Crider's song starts.

☆ How to help teens can avoid diet culture this holiday season
▼ + stars: | 2022-11-20 | by ( Katie Hurley | ) edition.cnn.com time to read: +9 min

She specializes in work with tweens, teens and young adults. The fact that diet culture all over social media targets grown women is bad enough, but such messaging also trickles down to tweens and teens. But as we enter the winter holiday season, shame-based diet culture pressure, often wrapped up with toxic positivity to appear encouraging, increases. “Parents are often made to feel helpless in the face of TikTokers, peer pressure or wider diet culture, but it’s important to remember this: parents are influencers, too,” said Hanson. “Talk openly about it.”She suggests asking the following questions when discussing people’s messaging around diet culture:● Who are they?

Penguin was unable to convince Simon & Schuster to launch an appeal and extend their deal contract before it expires on Monday, the sources said. Penguin will owe Simon & Schuster a $200 million break-up fee as a result of the transaction falling apart. Following the deal's collapse, Simon & Schuster's owner, Paramount Global (PARA.O), will be free to explore a sale of the publisher anew. HarperCollins, which is controlled by News Corp (NWSA.O), and Lagardere SCA's (LAGA.PA) Hachette Book Group have previously expressed interest publicly in buying Simon & Schuster. HarperCollins also unsuccessfully bid for Simon & Schuster when it was put up for sale by Paramount in early 2020.

☆ Pepsi once offered a fighter jet as a joke prize in a promotion. A student tried to claim it anyway.
▼ + stars: | 2022-11-20 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

Pepsi launched a "points" promotion in 1996 that included a "joke" prize of a $23M fighter jet. College student John Leonard took this challenge seriously, and launched a plan to nab the prize. Pepsi launched a rewards scheme called Pepsi Points, with customers able to redeem items using points accrued from buying its drinks. The company released a TV commercial for the promotion that ended with the claim that 7 million points would allow a Harrier fighter jet worth about $23 million to be redeemed. However, he saw a loophole: buy Pepsi Points for 10 cents each, meaning the seven million points needed for the jet would cost $700,000.

☆ I couldn't let my mom sell our family's drive-in theater, so I took over. Now I work with Universal, Warner Brothers, and Paramount to bring hit movies to the cornfields of Idaho.
▼ + stars: | 2022-11-20 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +10 min

She says she never thought she'd come home to run her family's drive-in theater. Of course when you're young, you don't realize how special something like our drive-in really is. When I was younger I never imagined I'd run my family's drive-in theater one day — but I couldn't let my mom sell itMy parents had sold their indoor theaters over the years, so the drive-in was the last one my mom was still operating. With any drive-in theater, weather is the biggest determinant of turnout. The drive-in really brings the community together.

The top five U.S. publishers are Penguin, HarperCollins, Macmillan, Simon & Schuster and Hachette. Following a collapse of the deal, Paramount will be free to explore a sale of Simon & Schuster anew. Previously known as ViacomCBS, Paramount had inked the Penguin deal so it could focus on its video and streaming businesses. HarperCollins, which is controlled by News Corp (NWSA.O), and Lagardere SCA's (LAGA.PA) Hachette Book Group have previously expressed interest publicly in buying Simon & Schuster. HarperCollins also unsuccessfully bid for Simon & Schuster when it was put up for sale by Paramount in early 2020.

☆ Is AI art really art? This California gallery says yes
▼ + stars: | 2022-11-20 | by ( Rachel Metz | ) edition.cnn.com time to read: +6 min

CNN Business —As artificial intelligence becomes increasingly popular for generating images, a question has roiled the art world: Can AI create art? August Kamp's 2022 digital image "new experimental version, state of the art" is part of the exhibit "Artificial Imagination" at bitforms gallery in San Francisco. The exhibit features art made with and inspired by OpenAI's AI image generation system DALL-E. For Sacks, generative AI systems like DALL-E are “just another tool”, he said, noting that throughout history artists have used past work to create new work in various ways. Marina Zurkow used DALL-E to help create her 2022 piece "A Questionable Tale (#1)".

☆ New & Notable: Latest releases from Quip, Solo Stove, SMEG and more
▼ + stars: | 2022-11-19 | by ( Gabriella Depinho | Gabriella Depinho Is A Production Coordinator For Select On Nbc News. | ) www.nbcnews.com time to read: +4 min

This story is part of Select's New & Notable column, where we highlight our favorite product launches, major sales, what we're buying and some of our latest recommendations and advice. New this weekOn sale this weekHere are some of our favorite ongoing sales from brands and retailers we think you should know about. According to thredUP, the collection uses approximately 2,000 pounds of textiles that could not otherwise be resold on the website. Victoria’s Secret & Co. has partnered with NetVirta, a brand that makes 3D body scanning technology, to introduce new virtual bra fitting technology for Victoria's Secret and Victoria’s Secret Pink bras on the retailer’s app, according to the company. I also love that it keeps my coffee hot for hours, unlike some of my other coffee tumblers."

☆ Exploring Nature in Japanese Prints
▼ + stars: | 2022-11-19 | by ( Susan Delson | ) www.wsj.com time to read: +1 min

Last year a print of “Under the Wave off Kanagawa,” the near-ubiquitous image by Katsushika Hokusai better known as “The Great Wave,” sold at auction for $1.6 million, a record for the artist. In the 1830s, when it was made, a woodblock print in Edo—now Tokyo—cost roughly the same as a bowl of noodles. Produced in large quantities for a popular market, these affordable images brought the country’s landmarks and natural wonders to audiences eager to experience them through artists’ eyes. “Human / Nature: 150 Years of Japanese Landscape Prints,” a new exhibition opening on Dec. 3 at the Portland Art Museum in Oregon, presents some 70 of these works, from 19th-century classics like “The Great Wave” to late-20th-century prints by artists in Japan and the Pacific Northwest. “Human imagination has been shaped by nature and the landscape,” says exhibition curator Helen Swift.

Jell-O GirlEarly Jell-O advertising depicted women as inept, needing the help of a simple recipe like Jell-O. Jell-O released flavors such as seasoned tomato, celery, mixed vegetable and Italian salad, and Jell-O salads were a colorful way to use leftovers in side dishes. In 1955, the company introduced the slogan “A Jell-O salad makes the meal.”“The Jell-O salad really hits the American sensibility and palate perfectly. Constance Bannister Corp/Getty ImagesBut as more Americans traveled and global cuisines entered the mainstream, the simplicity of Jell-O salads became a downside. “Upscale becomes the new mainstream and Jell-O salads moves into a niche,” Shapiro said.

☆ I made $95,000 last year selling printable and digital planners on Etsy. Here are the methods I used to build my shop to basically run itself, from SEO to designing my products.
▼ + stars: | 2022-11-18 | by ( Kayla Warner | ) www.businessinsider.com time to read: +15 min

Kayla Warner has run an Etsy shop selling printable and digital planners full-time since 2018. I started my Etsy shop selling business planners in August 2018. Now, four years later, I've achieved the financial freedom I was seeking when I first started my Etsy shop. Creating an Etsy shop only requires an email, a shop name, and your bank-account information. Most of my content is educational, which correlates with my Etsy shop, where I sell business-related products and solutions.

☆ Bond recession indicator hits most extreme level in 40 years, raising questions about stock rebound
▼ + stars: | 2022-11-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

The so-call yield curve shows investors what they can expect to earn from different maturities. The yield curve inverted before the 2020, 2009, and 2001 recessions but often with large lag times. "My contention would be that ultimately the yield curve is going to prove correct," said Gregory Faranello of AmeriVet Securities, saying it takes time for equities to catch up with what's happening with the yield curve. To be sure, equities can rally even with an inverted yield curve, and they've done that in the past. "It's very rare in a bear market that the bear doesn't even affect those companies that we were in, we believe will protect us.

LONDON, Nov 18 (Reuters) - Inflows into global equity funds hit their highest level in 35 weeks in the week to Wednesday, according to a report from Bank of America (BofA), as investor optimism brightened. Investors poured a net $22.9 billion into equities, BofA said, citing EPFR data, and $4.2 billion into bonds. They pulled $3.7 billion from cash funds and $300 million from gold. U.S. equity funds saw inflows just shy of $24 billion in the week to Wednesday, BofA said. Money flowed into emerging market (EM) equities for the fourth week running, at $1.9 billion.

You probably already know that most travel credit cards offer some form of rental car insurance. It's often said the Chase Sapphire Preferred is the best starter travel credit card — and primary rental car insurance is a big reason why. If you're using a business credit card that offers primary car rental insurance, you need to be renting a car for business purposes in order to receive the coverage. Whether your coverage comes from a credit card, the auto rental agency, or your personal insurance plan, you should get rental car insurance. Of all rental car insurance options, primary insurance with a credit card is the best value.

☆ Ivana Trump's townhome that just hit the market for $26.5M was purchased on the heels of a messy divorce and reflects the opulence of Trump's 'The Art of the Deal' era
▼ + stars: | 2022-11-17 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Ivana Trump's Upper East Side townhome has an asking price of $26.5 million. She purchased the home in 1992, the same year she finalized her divorce from Donald Trump. The interior reflects a bygone era of Donald Trump's celebrity and one of his favorite colors: gold. Ivana Trump finalizes her tumultuous and very public divorce from Donald Trump that followed two years of finger-pointing and accusations of "fraudulent" prenuptial agreements and slander. Ivana Trump reaped the rewards of auxiliary fame as well when she was married to Donald Trump.

☆ Nvidia's results suggest its gaming business is close to a bottom, analysts say
▼ + stars: | 2022-11-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The latest results from Nvidia suggest a gaming bottom is in sight for the battered semiconductor stock, according to analysts. The chipmaker on Wednesday posted a mixed quarter, with earnings falling slightly below analysts' expectations . Nvidia's gaming division reported a 51% decline in sales as the PC gaming market slows from pandemic-era growth and retailers grapple with a glut of inventory. Bank of America's Vivek Arya reflected similar sentiment, viewing the current period as an "inflection quarter" for the chip stock. Analysts see particular strength in the company's data center business, which saw sales rise 31% year over year.

☆ Instant View: UK finance minister Jeremy Hunt outlines budget
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: +5 min

Much of Hunt's budget had been widely expected, meaning markets offered a muted reaction. Sterling fell against the dollar, while UK government bond prices also eased, but remained clear of the day's lows. FOREX: Sterling fell 0.9% against the dollar to $1.1809 from $1.1845 prior to the budget. MARCUS BROOKES, CHIEF INVESTMENT OFFICER AT QUILTER INVESTORS, LONDON:"Today’s Autumn Statement has painted a bleak picture for the UK... Markets originally reacted well to the steady hand of Jeremy Hunt. SIMON HARVEY, HEAD OF FX ANALYSIS, MONEX EUROPE, LONDON:"The austerity’s going to be welcome (to the Bank of England) purely because there’s going to be less support for UK consumers.

HONG KONG/WASHINGTON, Nov 16 (Reuters) - U.S. regulators gained "good access" in their review of auditing work done on New York-listed Chinese firms during a seven-week inspection, four sources with knowledge of the matter said - a key step forward in resolving a long-standing bilateral dispute. Inspectors with the Public Company Accounting Oversight Board (PCAOB) conducting the inspection in Hong Kong gained all the information they requested, one of the sources said. They were also allowed to print out some documents to more easily review information despite some initial hesitancy from Chinese officials, the source said. Authorities in China have long been reluctant to let overseas regulators inspect local accounting firms, citing national security concerns. Reporting by Xie Yu and Julie Zhu in Hong Kong, Chris Prentice in Washington; Editing by Sumeet Chatterjee and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

☆ Sterling ticks up as UK inflation hits 41-year high
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 16 Reuters) - Sterling rose against the U.S. dollar on Wednesday following UK inflation data that topped expectations and raised the chances of yet more interest rate hikes by the Bank of England (BoE). Despite sterling ticking up, the currency had traded flat in the hours after the inflation data was published, suggesting a muted reaction from traders. Earlier this week, data showed Britain's unemployment rate rose to 3.6% in the three months to September, above expectations for 3.5%. Quarterly GDP figures last week showed Britain's economy shrank by a less severe than-expected 0.2% in the three months to September. October retail sales data due on Friday will give further insight into consumer spending, which is a major pillar of the UK economy.

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