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☆ Russia returns Navalny's body after his widow accused Putin of 'torturing' the political dissident's corpse
▼ + stars: | 2024-02-25 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

It remains unclear if a public funeral will be held for one of Putin's most vocal opponents. Navalny's widow, Yulia Navalnaya, also accused Putin of "torturing" his corpse, challenging the Russian leader's proclaimed Christian faith in a six-minute video posted on her late husband's YouTube channel. AdvertisementA public funeral for a fierce Kremlin opponent could be disruptive and unfavorable for Putin. APYarmysh said on Friday that Navalny's mother was given an ultimatum to hold a secret funeral or he would be buried at the prison colony. AdvertisementThe spokesperson's latest update on the return of Navalny's body did not specify if the family agreed to any conditions.

Persons: Alexey Navalny, —, Alexey, Kira Yarmysh, Vladimir Putin's, Yarmysh, Navalny, Lyudmila Navalnaya, Navalny's, Yulia Navalnaya, Putin, AP Yarmysh Organizations: Service, YouTube, Putin, CBS News, Police, AP Locations: Russia, Russian, St . Petersburg

☆ Women can exercise less often than men and still see greater health benefits, new study shows
▼ + stars: | 2024-02-24 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

Women may see greater health benefits from exercising regularly than men do, according to a recent study. DON'T MISS: Exercise 2-4x more than the HHS recommends to achieve maximum benefit, says new studyResearchers also found that women were able to see greater health benefits with less exercise than their male counterparts. Men who engaged in about five hours of moderate to vigorous exercise each week lowered their chances of dying by 18% in comparison to men who didn't. The reason why women may have stronger benefits from regular exercise than men isn't clear, though it's possible it boils down to differences in anatomy, the study's researchers told CBS News. Exercising regularly is great for heart health in general"I think the big message is physical activity helps to reduce cardiovascular mortality, period," Garg tells CNBC Make It.

Persons: Beteal, wasn't, Nadish, Garg Organizations: American College of Cardiology, HHS, University of Miami Miller School of Medicine, CBS News, Hermann, CNBC, U.S . Department of Health, Human Services Locations: UHealth, Houston

☆ Population and economy in South Carolina are booming
▼ + stars: | 2024-02-24 | by ( Tami Luhby | Alicia Wallace | ) edition.cnn.com time to read: +12 min

“And, of course, South Carolina is in the heart of the Southeast.”Job seekers check-in to a job fair at a Schneider Electric manufacturing facility in Hopkins, South Carolina, in January 2023. “You can reach about twice as many people within an 8-hour drive from South Carolina as you can from Florida,” he said. “The housing market and the manufacturing industry, particularly in South Carolina, saw a major increase in demand,” Von Nessen said. South Carolina home sale activity fell by double-digits in 2022 but has since started to stabilize, he said. “We’re just treating so many more patients that we don’t have capacity,” said Thornton Kirby, CEO of the South Carolina Hospital Association.

Persons: ” Joseph Von Nessen, Darla Moore, ” Von Nessen, ”, it’s, It’s, Sean Rayford, Barrie Kirk, “, Von Nessen, Micah Green, “ We’re, Thornton Kirby, Malcolm Isley, “ We’ve, ” Isley, Arnold Kamler, Inc . Kent, Kent, Kamler, Nikki Haley, —, Daniel Slim, Scott Huffmon, Donald Trump, Haley, they’d Organizations: CNN, Palmetto State, of Labor Statistics, University of South, of Business, North, SC Council, Competitiveness, Bureau of Labor Statistics, Labor, Midlands Technical College, Technical College Midlands Technical College, Schneider, Bloomberg, Getty, Census, US Federal Reserve, US News, South Carolina Hospital Association, “, Prisma, Health Prisma Health, Greenville Technical College, Health Center for Health, Life Sciences, Kent International, Walmart, Kent, Inc ., Winthrop University, —, Charleston City Market, Winthrop’s Center, Public, Research, Palmetto, Republican, Trump, CBS Locations: South Carolina, South, “, Carolina, Myrtle Beach , South Carolina, North America, University of South Carolina, West Columbia, United States, Hopkins , South Carolina, Florida, droves, Myrtle Beach, ’, Manning, New York City, Georgia, Charleston, AFP

☆ Opinion: Trump’s making America irrelevant to Europe
▼ + stars: | 2024-02-21 | by ( David A. Andelman | ) edition.cnn.com time to read: +8 min

He formerly was a foreign correspondent and bureau chief for The New York Times in Europe and Asia and for CBS News in Paris. CNN —Madeline Albright famously called America the “indispensable nation.” Is former President Donald Trump making America the irrelevant nation? The first steps toward a new direction for such a Europe — without America — are already being taken. Dursun Aydemir/Anadolu/Getty ImagesVon der Leyen has also said that upping European defense production would be a top priority for her second term — not to mention sorting through vastly divergent budgets of the various countries. Still, as a bloc, Europe at about 85 billion euros ($92 billion) has already passed the United States at 66.2 billion euros ($71.6 billion) in total commitments to Ukraine.

Persons: David A, Madeline Albright, Donald Trump, Alexey Navalny’s, Vladimir Putin, Mike Johnson, Johnson, Joe Biden, ” haven’t, Mette Frederiksen, ” Frederiksen, Ursula von der Leyen, Europe’s, Christine Wormuth, Peter, Paul, Kaja Kallas, Dursun, Leyen, Emmanuel Macron’s, Macron, David Lammy, unflinchingly, who’s, ” Kallas, Alar Karis, ” Karis, we’re, Der Spiegel, ” Organizations: CNN, French Legion of, The New York Times, CBS News, Trump, Republicans, NATO, Security, Danish, America, Africa Command, Getty, Germany’s Kiel Institute, US, Union, Munich Security Conference, British, Labour Party, Estonian, Politico Europe, Kremlin, “ Locations: Europe, Asia, Paris, America, Russia, Russian, Ukraine, “, United States, Munich, Berlin, Brussels, Poland, Estonian, Anadolu, Belgium, Germany, Italy, Netherlands, Turkey, France, Russia’s, Sweden, Britain, German

NEW YORK (AP) — The New York Times was honored Monday with George Polk Awards for Foreign Reporting and Photojournalism for its coverage of the war between Israel and Hamas. They were among Polk Awards winners announced Monday in 13 categories. In all, five of the prestigious journalism prizes were for coverage of the Israel-Gaza and Russia-Ukraine wars. The winners will be honored in April as the university marks the 75th anniversary of the awards. That prize was established by journalist Jane Freiman Schanberg to honor long-form investigative or enterprise journalism and comes with a $25,000 award.

Persons: George Polk, Photographers Samar Abu Elouf, Yousef Masoud, “, ”, John Darnton, Elon Musk, Osher, Julia Cardi, Joshua Kaplan, Justin Elliott, Alex Mierjeski, Brett Murphy, ProPublica, Clarence Thomas, Jason Motlagh, Jane Freiman Schanberg, Luke Mogelson, Anna Werner, Brett Kelman, Fred Schulte, Holly K, Hacker, Daniel Chang, Julie Pace, Bob Woodward, Christiane Amanpour, Dean Baquet Organizations: New York Times, Foreign, Hamas, Photographers, University, Polk, CBS, Tesla, SpaceX, Supreme, New, The Gazette, Colorado Springs, Sydney Schanberg, Reuters, Yorker, CBS News, KFF Health, Food, Drug, Long, Long Island University, Journalism, Digital Media, Associated Press, Julie Pace , Washington Post, CNN Locations: Israel, Gaza, Long, Russia, Ukraine, New York, Haiti, Long Island, Manhattan, Julie Pace ,

☆ Former South Carolina Gov. Mark Sanford says it'd take 'a meteor strike' for Nikki Haley to win the state's GOP presidential primary
▼ + stars: | 2024-02-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Mark Sanford told Politico Magazine it'd take "a meteor strike" for Haley win South Carolina. Mark Sanford in a recent interview said that it'd take "a meteor strike" for fellow South Carolinian Nikki Haley to defeat former President Donald Trump in the state's presidential primary. Early in the GOP primary, South Carolina Gov. In the latest CBS News/YouGov poll, Trump led Haley 65% to 30% among likely South Carolina GOP primary voters. Upon returning to South Carolina, he admitted to the affair during a news conference at the state capitol in Columbia.

Persons: Mark Sanford, Haley, Sanford, Trump, Nikki Haley, Donald Trump, Henry McMaster, South Carolina Sen, Lindsey Graham, Trump's, hasn't, Mike Johnson, Tim Scott, Carolinians, María Belén, Jenny Sanford, Chapur Organizations: South Carolina, CBS, GOP, Former South Carolina Republican Gov, South, Politico Magazine, South Carolina Gov, Politico, New, Trump, South Carolina GOP, Winthrop University Locations: South Carolina, Carolina, Nikki, Iowa, New Hampshire, California, Texas, Sanford, Argentina, Columbia

☆ Photos show 3 multimillion-dollar mansions perched precariously near the edge of a cliff after landslides in California
▼ + stars: | 2024-02-15 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +2 min

Three multimillion-dollar mansions now sit on the edge of a cliff in California. Heavy rainstorms caused landslides that eroded the cliff along Scenic Drive in Dana Point. AdvertisementEarly February rainstorms across Southern California have left three Dana Point homes in precarious positions. Gavin Newsom of California declared a state of emergency in Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, and Ventura counties on February 4. In Los Angeles, the storms caused 562 mudslides and resulted in 15 homes being red-tagged, meaning they were designated as unsafe to inhabit, the Los Angeles Times reported.

Persons: —, Gavin Newsom, Dana, Allen J, Mike Killebrew Organizations: Authorities, Service, Gov, Los Angeles Times, Getty, The New York Post, CBS News Locations: California, Dana Point, Southern California, Orange County, oceanside, Los Angeles , Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, Ventura counties, Dana Point , California, Redfin, Los Angeles

☆ Debra OConnell to Oversee News at Disney
▼ + stars: | 2024-02-14 | by ( John Koblin | More About John Koblin | ) www.nytimes.com time to read: +1 min

The Walt Disney Company announced on Wednesday that a longtime executive at the company, Debra OConnell, would become the president of a newly created division that will include ABC News and the company’s local stations. Image Debra OConnell will become the president of a newly created division that will include ABC News and the company’s local stations. Credit... Randy Shropshire/Variety, via Getty ImagesThe reorganization mirrors what has taken place at other network news divisions. Several executives at NBC News report to Cesar Conde, the chairman of the so-called NBCUniversal news group, a division that includes local news and cable networks like MSNBC. Wendy McMahon, the president of CBS News, also oversees local stations.

Persons: Debra OConnell, OConnell, ” Kim Godwin, Debra, ” Dana Walden, Randy Shropshire, Cesar Conde, Wendy McMahon Organizations: Walt Disney Company, ABC, America, ABC News, Disney Entertainment, Variety, Getty, NBC, MSNBC, CBS News

☆ Generative AI financial scammers are getting very good at duping work email
▼ + stars: | 2024-02-14 | by ( Ellen Sheng | ) www.cnbc.com time to read: +8 min

Among the most common email scams are phishing emails. Instead of sending out generic emails, the emails are addressed to an individual or a specific organization. Now, criminals anywhere in the world can use ChatGPT or FraudGPT to create convincing phishing and spear phishing emails. If I'm going to do 1,000 spear phishing emails or CEO fraud attacks, and I find one in 10 of them work, that could be millions of dollars," said Davies. It will take some time for companies to adjust, but for now, cybersecurity experts say generative AI is leading to a surge in very convincing financial scams.

Persons: Chase, Christopher Budd, Elon, Gayle King, Tucker Carlson, Bill Maher, Andrew Davies, Cyril Noel, Tagoe, Davies, Venmo, Wise, Netcea, Banks, Ajay Bhalla, haven't, Noel, I've, Budd Organizations: Association of Financial, eBay, CBS, Fox News, Facebook, YouTube, PayPal, Mastercard Locations: Hong Kong, ComplyAdvantage

White House and Biden allies have taken aim at Hur for what they view as a gratuitous characterization of the president. White House Counsel Ed Siskel and Robert Bauer, the president’s personal attorney, were in the White House Map Room for the president’s interview with Hur, people briefed on the matter said. It was a mistake for the White House to “put him out on weakness and not strength,” one administration official said. White House officials stood by the forcefulness of the White House’s pushback to Hur’s report, saying not only did Biden take questions from reporters Thursday night, but the next day, White House counsel spokesman Ian Sams joined the press briefing. The White House has also sent a letter to the White House Correspondents’ Association taking issue with news coverage of the Hur report, the officials pointed out, while the Biden campaign has pointed to allies and legal experts questioning aspects of the report that the White House sees as problematic.

Persons: Joe Biden, Robert Hur’s, Hur, Biden, They’re, Donald Trump, Mr, Ed Siskel, Robert Bauer, Robert Mueller’s, Trump, Benjamin Netanyahu, Trump’s, ”, “, –, Beau, Karine Jean, Pierre said, Anita Dunn, Mike Donilon, Jeff Zients –, Ian Sams, CNN’s Edward, Isaac Dovere Organizations: CNN —, missteps, White, Biden, ”, National Archives, FBI, White House, Justice, CNN, Trump, Justice Department, Democratic, Hur’s, ’, CBS News, TikTok Locations: Israel, Surprise

☆ Why do people keep uninsured money in banks?
▼ + stars: | 2024-02-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Somehow, the same issue plaguing last year’s failed banks is back in focus at the latest bank in crisis: massive loads of uninsured deposits. To be sure, the risk isn’t anywhere close to that of the banks that failed last year: About 94% of domestic deposits at Silicon Valley Bank were uninsured and 90% of Signature Bank’s deposits were uninsured, according to the Federal Reserve. The money is guaranteed by the Federal Deposit Insurance Corporation, which is funded by fees paid by major US banks. About 40% of all money in the US, or $8 trillion, sitting in banks is uninsured, said Lawrence White, a professor at New York University’s Stern School of Business. “It also risks violating the FDIC’s statutory requirement to resolve failed banks and protect insured depositors in the least expensive way possible.”Sometimes, he said, rescuing those uninsured depositors may be the cheapest way to protect insured depositors at banks.

Persons: NYCB, Brian Snyder, James Lee, David Wessel, Lawrence White, University’s, Banks, Ting Shen, ”, Kori Suzuki, JPMorgan Chase, Michael Ohlrogge, Maxine Waters, Elizabeth Warren, “ Organizations: New, New York CNN, New York Community Bancorp, Investors, Silicon Valley Bank, Federal Reserve, Bank, Xinhua, Federal Deposit Insurance Corporation, FDIC, Reuters, Brookings Institution, International Monetary Fund, University’s Stern School of Business, US Treasury, Bloomberg, Getty, Securities and Exchange Commission, Valley Bank, Signature Bank, JPMorgan, Bank of America, Citigroup, First Republic Bank, New York University’s School of Law, Financial Services, Banking Committee, CBS, Bank Coalition of America Locations: New York, Silicon, United States, New, ”, Washington , DC, San Francisco , California, Sen

☆ Former Maryland Gov. Larry Hogan announces Senate bid
▼ + stars: | 2024-02-09 | by ( Edward-Isaac Dovere | Veronica Stracqualursi | ) edition.cnn.com time to read: +5 min

Larry Hogan announced Friday that he is running for US Senate this year, providing Republicans with a strong candidate in their bid to flip a seat in a deep-blue state. It’s what I did as Maryland’s governor, and it’s exactly how I’ll serve Maryland in the Senate. “I would pay a significant amount for a ticket to watch Chuck Schumer’s face right now,” Josh Holmes, the top political adviser to Senate Republican Leader Mitch McConnell, posted on X. Though he was personally popular during his two terms as governor, the state Republican Party has veered very much toward Trump. In recent decades, Maryland has been dominated by the Democratic Party at the state and federal levels.

Persons: Larry Hogan, United States Senate –, I’ll, Let’s, ” Hogan, Hogan, ”, Donald Trump, “, Chuck Schumer’s, Josh Holmes, Mitch McConnell, McConnell, Sen, Chris Van Hollen, West Virginia Democratic Sen, Joe Manchin, nixed, Trump, Hogan’s, Angela Alsobrooks, David Trone —, Ben Cardin, MAGA, “ Hogan, Martha McKenna, Maeve Coyle, George H.W, Bush, Shania Shelton Organizations: Washington CNN — Former Maryland Gov, US, United States Senate, Maryland, Republicans, Republican, West Virginia Democratic, CBS News, CNN, Prince, Maryland hasn’t, Senate, Democratic, GOP, Republican Party, Trump, Democratic Party, Old Locations: “, Maryland, Washington, eyeing, Prince George’s, ” Baltimore, State, Baltimore

☆ The mayor of Minneapolis joked that remote work turns you into a 'loser' with a 'nasty cat blanket'
▼ + stars: | 2024-02-08 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Minneapolis' mayor Jacob Frey took aim at remote workers during an address, saying WFHe turns you into a loser. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMinneapolis mayor Jacob Frey made a jibe about remote workers being 'losers' while touting the benefits of visiting the city's business district. "When they stay home, sitting on their couch with their nasty cat blanket, diddling on their laptop. And as remote work continues to persist, the demand for traditional office spaces is also decreasing.

Persons: Jacob Frey, WFHe, —, Frey, It's, We're Organizations: Service, Minneapolis Downtown Council's, Minneapolis, Fox, CBS Locations: Minneapolis

☆ 'Raël: The Alien Prophet': The story of the cult that claims to have cloned humans
▼ + stars: | 2024-02-07 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Read previewNetflix's "Raël: The Alien Prophet" is perhaps one of its most gripping docuseries yet. The show delves into the world of a controversial French cult known as the Raëlian Movement, which claimed that it created the world's first human clone in the early 2000s. The Raëlian movement was convinced that cloning humans would lead to immortality. In "Raël: The Alien Prophet," Boisselier maintains that Eve is doing well, although she has little contact with her. AdvertisementWhile Raël, Boisselier, and Clonaid all maintain that they have made successful human clones, there has been no evidence to prove that they ever produced anything other than a media firestorm.

Persons: —, Claude Vorilhon, Raël, Brigette Boisselier, Mark Hunt, Andrew, Hunt, Boisselier, Clonaid, Eve, Michael Guillen, Guillen, Brigitte Boisselier, SUSAN STOCKER, hadn't, John Frusciante, there's Organizations: Service, Raëlian, Business, ABC, CBS, PBS, CNN, Broward, Getty, Broward County Circuit, Raelian Locations: France, Scottish, Florida, Broward County, Israel

☆ With Border Deal Doomed, Schumer Pushes Republicans Into Vote on Ukraine and Israel Aid
▼ + stars: | 2024-02-07 | by ( Annie Karni | Karoun Demirjian | ) www.nytimes.com time to read: +9 min

But with Mr. Trump’s intervention persuading congressional Republicans to abandon the border deal that they themselves had demanded, Mr. Biden finally has an opportunity to shift from defense to offense. “Joe Biden blamed President Trump for the border crisis that Biden himself created,” said Karoline Leavitt, a spokeswoman for the former president. Mr. Trump made clear that he saw the deal not as a solution but a threat to his bid to reclaim his office. Image Mr. Trump ridiculed the idea that Mr. Biden could deflect blame after three years of failing to secure the border. For three years, Republicans had a clear story line when it came to the border — Mr. Biden either intentionally or incompetently opened the floodgates.

Persons: Biden, Donald J, Trump, Biden’s, “, ”, “ I’ll, MAGA, Donald Trump, ” Mr, “ Joe Biden, Karoline Leavitt, Joe Biden, John Moore, impeaching Alejandro, James Lankford, Christopher S, Murphy, Kyrsten Sinema, Don’t, Doug Mills, Geoffrey Garin, ” Margie Omero, Mark S, ” Scott Jennings, Mr, Jennings Organizations: Democratic, White, Trump, MAGA Republicans, MAGA Republican, CBS News, PBS, NPR, Marist, Republican, Democrat, Democrats, Republican Party, Border Patrol, Patrol, New York Times, Republicans, Center for Immigration Studies, Biden, ” Locations: New York, Illinois, Oklahoma, Connecticut, Arizona

☆ Opinion: Stuck in traffic, I wonder if this European city’s car-free vision is working
▼ + stars: | 2024-02-06 | by ( David A. Andelman | ) edition.cnn.com time to read: +7 min

The fact is that gas cars aren’t being weaponized on most of the continent the way they are in America. I’m all in favor of the commendable end to gas cars that Europe has now embraced – a decade or more hence. Of course, that’s only one corner of what’s happened to Paris traffic under the Hidalgo regime. The same toxic, planet-warming emissions are being generated, especially with all that idling in place in endless traffic jams. Perhaps a couple of decades from now when all those gas guzzling cars will be gone entirely?

Persons: David A, That’s, “, Giuseppe Sala, hasn’t, van, Laurent Nunez, ”, King Louis XVI, Marie Antoinette, Anne Hidalgo, Hidalgo, Joe Biden, Eric Adams Organizations: CNN, French Legion of, The New York Times, CBS News, European Union, Sunday, ”, Concorde, Olympic, Seine, Maison de Radio, Notre Dame, US Locations: Europe, Asia, Paris, America, Milan, Italy’s, Swedish, Stockholm, Vienna, Pontevedra, Spain, –, dribs, Hidalgo, ”, Seine, Taxis, New York

☆ Biden is skipping a Super Bowl interview for the second year in a row. It’s part of a larger media strategy
▼ + stars: | 2024-02-06 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —President Joe Biden will be sitting on the sidelines this Sunday as the campaign for the 2024 election heats up. Regardless, the Super Bowl snub reflects a larger Biden strategy: The president is leaning far less than his predecessors on the traditional media apparatus to get his message out, opting instead for alternative mediums to address the American people. “We are being less traditional because less people get their news from traditional mediums than ever before,” the Biden campaign official said. Biden’s media strategy has renewed such questions, with critics skewering him for keeping an arm’s length from the establishment press. While the president has regularly engaged in gaggles with the White House press corps, such forums don’t naturally lend themselves to the type of aggressive questioning that might come in a sit-down interview.

Persons: Joe Biden, Biden, ”, Conan O’Brien, Anderson Cooper, skewering, Scott Pelley, Fareed Zakaria, “, ” Andrew Bates, Martha Kumar, Donald Trump, Barack Obama, Frank Sesno —, George Washington, Public Affairs —, ” Sesno, he’s Organizations: New York CNN, White, CBS News, Biden, YouTube, South, “, CNN, White House, CNN White House, George Washington University’s School of Media, Public Affairs Locations: New York, South Carolina

☆ US needs to signal to Iran it's a possible target so it doesn't get too comfortable, says former top general in the Middle East
▼ + stars: | 2024-02-05 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

The retired general does not support attacks on Iran, but he says the country should be worried. Retaliatory US strikes have been focused on IRGC and Iran-backed militia targets outside Iran. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "I am not advocating for striking Iran," McKenzie told Margaret Brennan on CBS News' Face the Nation on Sunday. For a time, US responses to the actions of Iran-backed militias were also limited.

Persons: Frank McKenzie, —, McKenzie, Margaret Brennan, Joe Biden, Joseph Votel, Biden Organizations: US Central Command, Service, CBS, Islamic Revolutionary Guard Corps, CBS News Locations: Iran, IRGC, Syria, Iraq, Jordan

☆ Dollar scales fresh peaks as Fed cut bets recede
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: +3 min

"A one-two punch from Jay Powell's FOMC presser and a very strong nonfarm payrolls report have essentially closed the door on a March rate cut," said Chris Weston, head of research at Pepperstone. The Japanese yen was last 0.15% lower at 148.58 per dollar, having hit a trough of 148.82 earlier in the session. Treasury yields also jumped on expectations of higher-for-longer U.S. rates, with the two-year yield, which typically reflects near-term interest rate expectations, last up nearly seven bps at 4.4386%. That did little to help the yuan, with the offshore yuan last marginally lower at 7.2182 per dollar, pressured by a stronger greenback. "So far we've just seen speculation and some media reports talking about further support for the equity market or the property market.

Persons: Jerome Powell's, Jay Powell's FOMC presser, Chris Weston, Powell, Carol Kong, CBA's Organizations: Federal Reserve, New, Traders, Fed, CBS, Sterling, Commonwealth Bank of Australia, Treasury Locations: Buenos Aires, Argentina, New Zealand

The Fed chair also reiterated that the central bank's next meeting in March was likely too soon for a rate cut. Most economists think the first cut is likely to come in May or June. As gauged by the Fed’s preferred measure, inflation fell to just 2.6% in December compared with 12 months earlier. At the same time, Powell acknowledged in the interview, the Fed misjudged the duration of the resulting inflation, which it repeatedly suggested would prove short-lived. “We’ve got six months of good inflation data and an expectation that there’s more to come,” Powell said Wednesday.

Persons: —, Jerome Powell, Powell, ”, “, COVID, would’ve, ” Powell, “ It’s, we’ve, “ We’ve, Michelle Bowman Organizations: WASHINGTON, Federal, CBS, Fed, year's, Fed’s, of Governors Locations: U.S

☆ US citizens planning to visit Jamaica should reconsider due to the threat of violent crime and sexual assaults, the State Department said
▼ + stars: | 2024-02-03 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

The State Department has raised the advisory for Jamaica to "Level 3: Reconsider Travel," citing concerns over crime and unreliable medical services. The US embassy in Jamaica warned of home invasions, armed robberies, sexual assaults, and homicides. AdvertisementSexual assaults have been reported at all-inclusive holiday resorts, said the State Department's Jamaica travel advisory. The "Over the Hill" area of Nassau has seen heightened violent activity as a result of gang-on-gang violence, per the State Department travel advisory. AdvertisementThe State Department also warned against water-based activities, such as tours on commercial, recreational watercraft, stressing that these are not consistently regulated.

Persons: —, Juan Silva Organizations: State Department, State, Government of, CBS, Department Locations: Jamaica, Bahamas, Government of Jamaica, Caribbean, Nassau

☆ Biden to Sit Out Super Bowl Interview for Second Year in a Row
▼ + stars: | 2024-02-03 | by ( Michael M. Grynbaum | More About Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

President Biden is sitting out the Super Bowl for the second year in a row. In a tradition dating to 2009, presidents have recorded an interview with the network that broadcasts the Super Bowl, although there have been exceptions. Last year, Mr. Biden declined to appear on Fox, home of cable hosts like Sean Hannity who are sharply hostile toward him. But the White House has been receptive to CBS News in the past. “We hope viewers enjoy watching what they tuned in for — the game,” Ben LaBolt, the White House communications director, said in a statement on Saturday.

Persons: Biden, Donald J, Trump, Sean Hannity, Norah O’Donnell, Scott Pelley, ” Ben LaBolt Organizations: Super Bowl, CBS, White, NBC, Fox, CBS News, White House

Defense Secretary Lloyd Austin on Thursday attempted to quell any lingering questions about his health as the Biden administration reportedly moves closer to initiating a response to the recent drone strike that killed three U.S. troops in Jordan. I should have also told my team and the American public, and I take full responsibility,” Austin continued. “I apologize to my teammates and to the American people.”He faced questions that were divided between potential responses to the deadly drone attack and his handling of the medical condition. Austin’s reassurances come as developments this week hinted that a U.S. response to the drone attack in Jordan is imminent. Biden earlier this week said that he knew how he wanted his administration to respond to the attack.

Persons: Lloyd Austin, Biden, Austin, ” Austin, “, couldn’t, Austin’s reassurances Organizations: American, CBS, CBS News Locations: Jordan, U.S, –, Iraq, Syria

☆ 300 local TV news stations are teaming up to launch a streaming service to capture shifting audiences and ad dollars
▼ + stars: | 2024-02-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Gray Television is teaming up with other TV stations to launch a free, local-news streamer, and running Super Bowl ads starring John Stamos to get the word out. Perry's pitch to local stations is that Zeam removes the tech and ad barriers from the process of adapting to streaming. "It's a whole new way for stations to interact with their viewers and reach viewers in other markets," Perry said. At the same time, local TV ad revenue is shifting online. Digital is set to account for 10% of the $23.8 billion local TV ad pie in 2024, or $2.1 billion, per BIA Advisory Services .

Persons: John Stamos, Gray, Jack Perry, Zeam, what's, Perry, Kagan, Andrew Heyward, Syncbak, Perry wouldn't, Mike Braun, there's Organizations: Gray Television, National Association of Broadcasters, CBS, Hearst, Business, Services, CBS News, Netflix, VUit, Super Bowl, Google, Super, Sunday, Amazon, Apple Locations: Gray, Syncbak

Casino magnate Steve Wynn spent the night of the New Hampshire primary alongside Trump. Ron DeSantis’ biggest financial backers and donated $20 million to the super PAC backing DeSantis’ presidential bid. While some of these high-dollar financiers are coming around to Trump, others have shifted to former South Carolina Gov. Her fundraising swing through New York City is expected to bring in $1.5 million in new donations, according to a Haley campaign official. We are anywhere and everywhere in South Carolina.

Persons: Donald Trump, Steve Wynn, Robert Bigelow, Las Vegas businessman Don Ahern, Trump, Ahern, Bigelow, Ron DeSantis, DeSantis, Rebekah Mercer, Nikki Haley, MAGA, Haley – Trump’s, –, Haley, Charles Koch, Susie Wiles, Ken Griffin, Paul Singer, Ricketts, Griffin, Haley’s, ”, “, ” Griffin, Zia Ahmed, Ahmed, Dave McCormick’s, Tim Sheehy’s, Ken Langone, Cliff Asness, Stanley Druckenmiller, Nikki, ” Asness, “ We’ve, CNN’s Ebony Davis Organizations: CNN, Casino, New, Trump . Aerospace, Las Vegas businessman, Trump, Florida Gov, GOP, Mercer, Politico, South Carolina Gov, Inc, South Carolina, Republican, Prosperity, American Opportunity Alliance, Chicago Cubs, Citadel, U.S . House, ”, Republicans, Wall, AQR Capital Management, South, CBS News Locations: Lago, New Hampshire, Las, Trump’s, Nevada, Palm Beach , Florida, Florida, Trump, Kansas, Palm Beach, Pennsylvania, Montana, New York, New York City, ”, South Carolina

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