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☆ Who was Kate Harrington, Truman Capote's protégé featured in 'Feud' season 2, and what happened to her?
▼ + stars: | 2024-02-19 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +6 min

"Feud" season two shows a softer side to Truman Capote through an unconventional relationship. In reality, however, Capote and O'Shea — whom Capote remodeled into Katy Harrington — began their relationship under slightly different circumstances. AdvertisementTruman Capote treated Katy Harrington as his adoptive daughter and protégéKate Harrington and Truman Capote in 1977. AdvertisementKate Harrington talking to Gloria Swanson at a Studio 54 party in 1978, while Truman Capote rests in between them. After Capote's death, Harrington named her daughter after the authorFollowing Capote's death in 1984, Harrington moved away from modeling and established herself as a stylist and producer.

Persons: Truman, Capote, Kate Harrington, —, Ryan Murphy's, Truman Capote, Tom Hollander, Kerry O'Shea, Ella Beatty, John O'Shea, Russell Tovey, Kerry, what's, O'Shea, O'Shea —, Katy Harrington —, Harrington, Katy Harrington, protégé Kate Harrington, Ron Galella, Harrington's, Capote —, Wilhelmina Cooper's, Kate, Gerald Clarke, Richard Avedon, Gloria Swanson, Ryan O'Neal, Oscar, Tatum O'Neal, Ryan, Diana Vreeland, John McTiernan, Daniel Boczarski Organizations: Service, The Telegraph, New, UN, New York Magazine, Vogue Locations: Manhattan, New York, New, Toronto, Sheridan , Wyoming, Santa Fe , New Mexico

The funeral of a renowned transgender activist in a New York cathedral elicited a denunciation of the event by a senior church official, who called the mass a scandal within one of the preeminent houses of worship in U.S. Catholicism. The Roman Catholic Archdiocese of New York condemned the funeral of Cecilia Gentili, which was held in St. Patrick’s Cathedral in Manhattan and drew a large audience on Thursday. Gentili was known as a leading advocate for other transgender people, as well as sex workers and people with HIV. Photos You Should See View All 33 ImagesThe cathedral held a Mass of Reparation following the funeral at the direction of Cardinal Timothy Dolan, archbishop of New York, Salvo said. “New York’s LGBTQ+ community has lost a champion in trans icon Cecilia Gentili," New York Gov.

Persons: Cecilia Gentili, Gentili, Enrique Salvo, Saint Patrick’s, ” Salvo, Cardinal Timothy Dolan, Salvo, ’, Lent, ”, Kathy Hochul, “, ” Gentili, Sen, Robert F, Kennedy, Babe Ruth, Edward Dougherty, CatholicVote, Billy Porter, ” CatholicVote, Porter, ” Porter Organizations: Roman Catholic Archdiocese, Patrick’s, HIV, New York Gov, FX, Conservative Locations: New York, St, Manhattan, ‘ America’s Parish, Rikers, “, Argentina, Patrick's

☆ The Fed is set to cut rates this year. Here are the Asian currencies that stand to benefit
▼ + stars: | 2024-02-19 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +5 min

Brent Lewin | Bloomberg | Getty ImagesThe U.S. Federal Reserve is expected to cut interest rates later this year and, while that may not be good news for the dollar , some Asian currencies stand to benefit. Higher interest rates boost a country's currency, attracting foreign investment and increasing demand for the country's currency. A weak U.S. dollar is generally positive for emerging markets, which is often the case when the Fed cuts interest rates outside of an economic crisis. Experts told CNBC currencies such as the Chinese yuan , the Korean won and the Indian rupee stand to benefit from the Fed loosening monetary policy. So those are also positive for the Indian currency," said Anindya Banerjee, vice president of currency and derivatives research at Kotak Securities.

Persons: Mahatma Gandhi, Brent Lewin, Yuan, Arun Bharath, Bharath, Simon Harvey , , Anindya Banerjee, Banerjee, South Korea's, Monex's Harvey Organizations: Bloomberg, Getty, . Federal, CNBC, Korean, Bel Air Investment Advisors, People's Bank of, FX, U.S, Kotak Securities, Bank of, Korea's, South Locations: Bangkok, Thailand, China, People's Bank of China, U.S, Bank of India, India, Europe, America

☆ Dollar steady as traders weigh economic data, yen fragile
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: +4 min

The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of economic data and firm expectations of the Federal Reserve cutting rates in June, while the yen traded at the psychologically key 150 per dollar level. But overall market expectations on the timing of the first Fed cut and magnitude of the cut will continue to drive volatility in FX markets." "We will likely soon contemplate the appropriate time for monetary policy to become less restrictive," Bostic said. Investor focus has been on comments from policymakers, with Federal Reserve Chair Jerome Powell due to give the Senate banking committee its biannual monetary policy update on March 7. The Australian dollar eased 0.20% to $0.651, while the New Zealand dollar is down 0.21% to $0.609.

Persons: Christopher Wong, Raphael Bostic, Bostic, Jerome Powell, pare, Kieran Williams, bitcoin Organizations: Federal Reserve, PPI, Federal Reserve Bank of Atlanta, Federal, Asia FX, InTouch, Markets, New Zealand Locations: Buenos Aires, Argentina, Singapore, U.S, Japan, Asia, Germany

☆ Dollar reigns supreme as hot CPI cools bets for Fed cuts
▼ + stars: | 2024-02-14 | by ( ) www.cnbc.com time to read: +3 min

In this photo illustration, the man is holding several U.S. dollar bills with some Chinese yuan in the background. The dollar traded near three-month highs to major peers on Wednesday as traders pushed back bets for a first Federal Reserve interest rate cut following surprisingly hot U.S. inflation figures overnight. The dollar has added about 10 yen in price since the start of this year. The euro was steady at $1.0710, after dipping to a three-month low of $1.07005 overnight. The Australian dollar languished near a three-month low of $0.6443 reached overnight, last trading at $0.64545.

Persons: James Kniveton, Kazuo Ueda, Kniveton, Masato Kanda, cryptocurrency bitcoin, bitcoin, Craig Erlam Organizations: Fed, Traders, Bank of Japan, Treasury, Bank of England, Australian, U.S, CPI, OANDA Locations: U.S

☆ Hollywood Made 14% Fewer Shows in 2023, Marking the End of Peak TV
▼ + stars: | 2024-02-09 | by ( John Koblin | More About John Koblin | ) www.nytimes.com time to read: +1 min

It’s official: Peak TV has peaked. Last year, 516 scripted television series aired or streamed in the United States, a 14 percent decline from 2022, the FX cable network said on Friday. That was only the second drop in at least 15 years, and the biggest, according to FX’s research. The total is the most definitive evidence of a slowdown that executives have been predicting for at least a year. The strikes wiped out the entire fall lineup for scripted network TV, and the fallout is likely to be felt throughout 2024.

Persons: — Organizations: FX Locations: United States

☆ Yen near 10-week low, dollar buoyant as traders adjust rate bets
▼ + stars: | 2024-02-09 | by ( ) www.cnbc.com time to read: +3 min

The yen wallowed near a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as traders dialed back bets on how quickly the Bank of Japan, or BOJ, will raise interest rates and how soon the Federal Reserve will cut them. The yen wallowed near a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as traders dialed back bets on how quickly the Bank of Japan, or BOJ, will raise interest rates and how soon the Federal Reserve will cut them. The yen was little changed at 149.315 per dollar in early Asian trading, after dipping to 149.48 late in the previous session for the first time since Nov. 27. Both currencies have been relatively resilient with officials from the European Central Bank and Bank of England pushing back against market wagers on early rate reductions. New Zealand's dollar gained 0.34% to $0.6117, supported by bets for a delayed start to Reserve Bank rate cuts - or even the potential for further hikes - after data this week showed a stronger-than-forecast jobs market.

Persons: Shinichi Uchida, Shunichi Suzuki, Jerome Powell, FOMC, Richard Franulovich, Sharon Zollner, bitcoin Organizations: Bank of Japan, Federal Reserve, BOJ, Japanese Finance, Traders, European Central Bank and Bank of England, Reserve, ANZ Locations: Tokyo

NEW YORK (AP) — Executive producer Ryan Murphy is known for creating vivid TV worlds where high drama feels completely normal. Costume designer and producer Lou Eyrich has helped him bring these worlds alive, and their latest collaboration, “Feud: Capote vs. Eyrich said Watts, who plays Babe Paley, “got hit the hardest” as the main character besides Capote. While the real Paley wore a designer dress with a fur coat to the ball, Posen made adjustments. “She took everybody’s notes really to heart and she really wanted it to be collaborative.

Persons: Ryan Murphy, Lou Eyrich, ”, Truman Capote, Babe Paley, C.Z, Lee Radziwill, ” Tom Hollander, Capote, cavorting, Naomi Watts, Diane Lane, Demi Moore, Chloe Sevigny, Molly Ringwald, Laurence Leamer, Watts, Eyrich, “, ” Watts, Hulu —, Murphy, “ Ryan, ” Eyrich, Erich, Babe, Gucci loafers, Zac Posen, Posen, ” Posen, Jim Henson, Fellini, Zeffirelli, Paley, it’s, Van Cleef, Cartier, Verdura, I’m, ” Moore, Ringwald, —, ” Ringwald, “ I’m, ” Sevigny, Eyrich’s Organizations: —, Manhattan, AP, Hulu, American Locations: New York, turtlenecks, Givenchy

☆ Dollar on defensive after pullback from nearly 3-month peak
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: +2 min

The dollar remained under pressure on Wednesday after retreating from a nearly three-month high against the euro in the previous session with a decline in U.S. bond yields adding to the drag. The dollar remained under pressure on Wednesday after retreating from a nearly three-month high against the euro in the previous session with a decline in U.S. bond yields adding to the drag. U.S. Treasury yields also turned down from highs overnight on solid demand at a sale of new three-year notes, removing some support for the dollar. The U.S. dollar index , which measures the currency against six major peers, including the euro, was flat at 104.14, following Tuesday's 0.29% slide. The currency pair tends to be extremely sensitive to moves in Treasury yields.

Persons: Jerome Powell scuppered, Matt Simpson, James Kniveton Organizations: Federal, Treasury, U.S, CPI, Federal Reserve Locations: U.S, Asia

☆ Dollar firms near 3-month high as rate cut bets dwindle
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: +3 min

The U.S. dollar was perched near a three-month peak on Tuesday, buoyed by elevated Treasury yields, on growing expectations that the Federal Reserve is unlikely to cut interest rates aggressively this year. The U.S. dollar was perched near a three-month peak on Tuesday, buoyed by elevated Treasury yields, on growing expectations that the Federal Reserve is unlikely to cut interest rates aggressively this year. The string of robust U.S. economic data has quashed any lingering hopes of early and steep interest rate cuts by the Fed, with Fed Chair Jerome Powell and other policymakers also pushing back against the notion. Figures showed that the unemployment rate was likely much lower late last year than previously thought, which could push out rate cuts there, too. The Japanese yen strengthened 0.07% to 148.56 per dollar, hovering around a two-month low of 148.90 it touched on Monday.

Persons: Jerome Powell, Christopher Wong, Michele Bullock, Kristina Clifton Organizations: U.S, Federal, Investor, Reserve Bank of Australia, Investors, Reuters, Commonwealth Bank of Australia Locations: Singapore, Asia

☆ The real story of Babe and Bill Paley's troubled marriage — and the affair Truman Capote exposed — depicted on 'Feud' season 2
▼ + stars: | 2024-02-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

"Feud" season two shines a light on the late New York socialite Babe Paley and her husband Bill. AdvertisementOne of the first scenes of "Feud: Capote vs. Capote exposed Bill Paley's infidelity in a short story published in 1975Babe Paley (Naomi Watts) and Truman Capote (Tom Hollander) in episode 1 of "Feud: Capote vs. Babe Paley (Naomi Watts) in episode 1 of "Feud: Capote vs. "Feud: Capote vs.

Persons: Babe Paley, Bill, Babe, Truman Capote, Happy Rockefeller, —, Tom Hollander, hurrying, Naomi Watts, Capote, Chitty Chitty Bang, Bill Paley, Treat Williams, Paley, Media —, Paley's, Laurence Leamer, Murphy, Jon Robin Baitz, Ina Coolbirth, Slim Keith, Sidney Dillon, Cleo Dillon, Sidney, he's, hadn't, Marie Harriman, W, Averell Harriman, Rockefeller, Rebecca Creskoff, Nelson Rockefeller, Melanie Benjamin Organizations: New York, Service, Paley Center, Media, Basque, New York Times, New, Swans Locations: New, Manhattan, New York, La, Capote's

☆ Demi Moore and her palm-sized pup is giving us serious Y2K vibes
▼ + stars: | 2024-02-02 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

This week, while completing a press tour around New York for the FX series, “Feud: Capote vs. the Swans,” Demi Moore was hardly seen without her 1.5 pound dog, Pilaf, nestled in her elbow. “She is a treasure, she’s like my little extra heart.”On Monday, Moore was spotted again with her dog, Pilaf, this time in Tribeca. During the height of her influence, Paris Hilton was regularly seen with a fleet of chihuahuas in tow. Wearing a Versace lace tailored blazer dress, Moore held Pilaf like a tiny fluffy clutch bag. Moore is known to adopt and foster abandoned puppies (she currently has 10 at her home in Idaho) and is staunchly anti-puppy farms.

Persons: ” Demi Moore, Pilaf, Moore, Stephen Colbert — Pilaf, ”, Colbert, lister, Paris Hilton, Elle Woods, Hilton, Bruiser, Lindsay Lohan, Gucci, Blake Lively’s, James Devaney, WireImage, Louis Vuitton, chihuahuas, Pedro Pascal, Jeremy Allen White, Versace Organizations: CNN, Swans, Gotham Locations: New York, chihuahua, Tribeca, maltese, Idaho

☆ UK still has the highest services inflation among the G10, says analyst
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK still has the highest services inflation among the G10, says analystValentin Marinov, managing director & global head of G10 FX and UK research at Credit Agricole Corporate and Investment Bank, discusses the FX market and potential rate cuts with CNBC.

Persons: Valentin Marinov Organizations: Credit Agricole Corporate, Investment Bank, CNBC

☆ The 13 best things to stream this weekend
▼ + stars: | 2024-02-02 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

Check out new movies like "Orion and the Dark" this weekend. 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 . Ryan Murphy's hit FX anthology series "Feud" finally returned for its second season, this one chronicling writer Truman Capote's fallout with his "swans." Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.

Persons: Smith, —, It's, Percy Jackson, Rick Riordan's, Ryan Murphy's, Truman, Farmer Organizations: Service, Disney

☆ Dollar poised for weekly decline; US jobs data up next
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: +4 min

The dollar index was last at 103.02 and on track for its first weekly decline for the year. The New Zealand dollar rose 0.07% to $0.6149 and was on track for a weekly rise of nearly 1%, its best performance in over a month. It was poised for a weekly gain of nearly 1.3%, its best week in over a month. That highlighted a growing view within the board that conditions were falling in place to soon pull short-term interest rates out of negative territory, which would be Japan's first interest rate hike since 2007. Data on Thursday showed euro zone inflation eased as expected last month but underlying price pressures fell less than forecast, likely boosting the European Central Bank's argument that rate cuts should not be rushed.

Persons: Jerome Powell, Ray Attrill, Raf Choudhury, BoE, Thierry Wizman Organizations: Federal Reserve, New Zealand, National Australia Bank, Friday's, Analysts, Bank of Japan's, Bank of England, Monetary, European Locations: Abrdn, U.S

☆ The real story behind the suicide of American socialite Ann Woodward in 'Feud: Capote vs. The Swans'
▼ + stars: | 2024-02-01 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +7 min

Woodward's suicide is depicted in the first episode of "Feud: Capote vs. Ann Woodward had a run with Truman Capote where she reportedly called him a homophobic slurTom Hollander plays Truman Capote in "Feud: Capote vs. Ann Woodward and William Woodward Jr. at the Embassy Club in the Ambassador Hotel in New York in 1975. According to Montillo, Capote recognized Woodward and approached her table; after a brief conversation, she reportedly called Capote a homophobic slur. Despite the two decades since her husband's death, Woodward's reputation was still in tatters among those who remembered the headline-making incident.

Persons: —, Ryan Murphy's, Truman Capote, Jon Robin Baitz, Laurence Leamer's, Tom Hollander, Capote, Leamer, Ann Woodward, Woodward, Demi Moore, Holly Golightly, Angeline Lucille Crowell, Ann Eden, William Woodward Jr, Susan Braudy, Bettmann, Roseanne Montillo's, Woodward's, Moritz, Montillo, Mrs, Bang, Lady Ina Coolbirth, Jones, Ann Hopkins, David Hopkins, Babe Paley, Naomi Watts, Nancy, Slim, Keith, Diane Lane, Ann Woodward's, Gerald Clarke, Capote's, Elsie Woodward, Truman, BuzzFeed's Alessa Dominguez, Jimmy, William Organizations: Service, Business, FX, Hulu, New York, Embassy Club, Woodward Locations: American, New York, Manhattan, La, Basque, Kansas, New, Europe, St

☆ ‘Feud: Capote vs. the Swans’ Review: Cold Blooded
▼ + stars: | 2024-01-31 | by ( Mike Hale | ) www.nytimes.com time to read: +1 min

“Feud: Capote vs. the Swans,” which premieres Wednesday on FX (streaming on Hulu), is something that its protagonist could not abide: a bore. The second season of the anthology series “Feud” stretches the story of Truman Capote’s falling out with the “swans” of New York society across eight episodes and more than seven hours. They have gone instead for chilly, moralistic and cautionary. “Capote vs. the Swans” feels as forbidding and vindictive as the society wives who pass judgment on Capote. An element in that affect is the fashionably fractured approach the show takes to its storytelling.

Persons: Truman Capote’s, —, Babe Paley, Jon Robin Baitz, Gus Van Sant, Ryan Murphy —, “ Capote, ” Organizations: Swans, Hulu, Basque Locations: New York, La

☆ Dollar holds firm before Fed rates decision
▼ + stars: | 2024-01-31 | by ( ) www.cnbc.com time to read: +3 min

On the day, the dollar index was up 0.1% to 103.51, just below Monday's 103.82 which matched last week's seven-week high. The Federal Reserve meanwhile is expected to hold U.S. interest rates steady on Wednesday but flag cuts are coming by dropping language indicating it is weighing further hikes. Interest rate futures price a roughly 43% chance of a Fed rate cut in March, down from 73% at the start of the year. A slowdown in Germany would foreshadow the same in Eurozone numbers due on Thursday and reinforce market expectations that European policymakers could start rate cuts earlier than the ECB has signalled. Expectations of interest rate cuts in China have driven a strong rally in the bond market this month while the yuan has been squeezed by flight from China's crumbling equity markets.

Persons: Jerome, Powell, Dane Cekov Organizations: Bank of Japan, Federal Reserve, Federal, U.S, French EU, ECB, Bank of Locations: U.S, Germany, China

☆ Meet the JPMorgan executive emerging as a dark horse to succeed Jamie Dimon
▼ + stars: | 2024-01-31 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +9 min

Read previewA longtime JPMorgan executive who has kept a low public profile while cultivating a reputation as a successful trader with a talent for managing risk is emerging as a contender to succeed Jamie Dimon as chief executive. His new position through the internal shuffle has vaulted him more publicly and prominently into the most closely watched succession race on Wall Street. JPMorgan executive David Hudson told the publication that he returned to JPMorgan after working at Nomura in 2010 "to work for Troy." Rohrbaugh's other stops at JPMorgan have been head of global markets and head of macro markets. A senior JPMorgan executive who works with Rohrbaugh recalled that time during the pandemic.

Persons: —, Jamie Dimon, Dimon, Troy Rohrbaugh, Jennifer Piepszak, Wall, Marianne Lake, Rohrbaugh, Goldman Sachs, Euromoney, Eddie Wen, David Hudson, He's, Gary Gensler's, Goldman, Cantor Fitzgerald, Tim Soulas, Cantor, Johns Hopkins, you've, he'll, Kaja Whitehouse, Alex Morrell Organizations: Service, JPMorgan, Wall, Business, CIB, North America, Goldman, Nomura, Troy, Federal Reserve Bank of New, Global, Securities, Exchange, Banque Nationale, CooperNeff, Philadelphia Stock Exchange, World Trade Center, New York Daily News, Gilman School, Johns Hopkins University, Alpha Delta Phi, Baltimore Sun, Bloomberg Locations: Dimon, North, JPMorgan's, Canadian, Manhattan, Baltimore, Maryland, New York

☆ Dollar steady in cautious start to busy data, Fed week
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: +3 min

U.S. one hundred dollar bills are being shown in this picture illustration taken in Buenos Aires, Argentina, on December 15, 2023. The dollar started the week on a steady footing as investors took stock of U.S. economic data ahead of the Federal Reserve policy meeting this week, while escalating geopolitical tensions in the Middle East kept risk sentiment in check. But since then, strong economic data and pushback from central bankers have prompted traders to adjust expectations. Beyond the Fed, investors will also watch for a slew of economic data including a U.S. payrolls report that will help gauge the strength of labor market. Elsewhere, the Australian dollar rose 0.21% to $0.659, while the New Zealand dollar gained 0.18% to$0.610.

Persons: Marc Chandler, Chandler, Jerome Powell, Paul Mackel, Sterling, Joe Biden, bitcoin Organizations: Federal Reserve, Fed, Federal, HSBC, Bank of England, U.S, New Zealand Locations: Buenos Aires, Argentina, U.S, Bannockburn, Jordan, Syrian, Iran, Israel

☆ Here are Monday's biggest analyst calls: Nvidia, Netflix, Apple, Micron, Hershey, Dollar Tree, Qualcomm & more
▼ + stars: | 2024-01-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan upgrades Dollar Tree to overweight from neutral JPMorgan said in its upgrade of the stock that it's a "self-help" story. Bernstein upgrades Hershey to outperform from market perform Bernstein said in its upgrade of the chocolate maker that market share trends are improving. " Goldman Sachs reiterates Nvidia & Micron as buys Goldman said it's standing by shares of Nvidia and Micron. Bank of America upgrades ZoomInfo to buy from neutral Bank of America said the software company is a "self-help" story. Bernstein reiterates Qualcomm as outperform Bernstein said it's bullish heading into Qualcomm earnings later this week.

Persons: Wells, Jefferies, it's, Evercore, Bernstein, Hershey, Goldman Sachs, Goldman, Raymond James, Sherwin, Williams, Morgan Stanley, William Blair, Morgan Stanley downgrades Brown, Forman Organizations: UBS, Amazon, Amazon Web Services, Citi, Air, Deutsche Bank, TFI, Deutsche, JPMorgan, Warner Brothers Discovery, Microsoft, Meta, YouTube, Nvidia, Micron, MU, Netflix, Barclays, Apple, Colgate, Palmolive, " Bank of America, of America, Beam Therapeutics, Bank of America, Builders, Devices, AMD, Qualcomm Locations: Norfolk Southern, Atlanta

☆ Dollar treads water ahead of U.S. GDP; ECB meeting in spotlight
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: +4 min

Traders have been consolidating positions ahead of the Federal Reserve's policy meeting next week. The report is, however, likely to show that the U.S. avoided a recession in 2023 and is expected to show moderating inflation in the last quarter, stoking expectations of rate cuts sometime in the first half of 2024. Other U.S. data this week includes the Fed's favourite gauge of inflation - the personal consumption expenditure (PCE) data - on Friday. The move from the central bank comes after a Bloomberg report earlier this week of a rescue package worth $278 billion to help stabilise the battered stock markets. The Australian dollar and the New Zealand dollar struggled to sustain a China-inspired rally earlier this week.

Persons: Kieran Williams, Jerome Powell, Kazuo Ueda Organizations: Central Bank, Traders, U.S, Asia FX, InTouch, ECB, Wednesday, Bloomberg, Australian, New Zealand, Aussie, Bank of, Bank of Japan Locations: Asia, U.S, China

☆ Naomi Watts, Demi Moore and Diane Lane Swan at the Plaza
▼ + stars: | 2024-01-24 | by ( Melissa Guerrero | ) www.nytimes.com time to read: +1 min

The show focuses on the schism between the novelist Truman Capote, played by Tom Hollander, and the coterie of New York City socialites he befriended. Some of the society fixtures, whom Capote referred to as his “swans,” are played by a distinguished cast: Barbara “Babe” Paley (Naomi Watts), Nancy “Slim” Keith (Diane Lane), C. Z. Guest (Chloë Sevigny), Lee Radziwill (Calista Flockhart), Joanne Carson (Molly Ringwald) and Ann Woodward (Demi Moore). The series is based on “Capote’s Women,” a 2021 book by Laurence Leamer. The Times’s Charlotte Curtis reported that “international Who’s Who of notables” attended including Frank Sinatra, Mia Farrow and the Maharani of Jaipur.

Persons: FX’s, ”, Truman Capote, Tom Hollander, Barbara “ Babe ” Paley, Naomi Watts, Nancy “ Slim ” Keith, Diane Lane, Chloë Sevigny, Lee Radziwill, Joanne Carson, Molly Ringwald, Ann Woodward, Demi Moore, Laurence Leamer, Capote, Charlotte Curtis, Frank Sinatra, Mia Farrow Organizations: Swans, New, New York City, Esquire, Museum of Modern Locations: New York, Jaipur

☆ Dollar hovers near 6-week high on Fed view; yen edges up after BOJ
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: +4 min

The Japanese yen , though, ticked higher as expectations rose for a stimulus exit as soon as March, following hawkish comments from the Bank of Japan on Tuesday. "We have seen ECB (European Central Bank) officials push back on rate cut expectations as well, in line with the Federal Reserve." The dollar declined 0.17% to 148.085 yen, after swinging from as low as 146.99 and as high as 148.70 on Tuesday. The Bank of Canada meets on policy on Wednesday, and is expected to leave its key overnight rate unchanged at a 22-year high of 5%. Traders have unwound bullish positions built up in anticipation of U.S. approval of the country's first spot bitcoin exchange traded fund (ETF).

Persons: Mary Daly, Christopher Waller, James Kniveton, Christine Lagarde's, Sterling, Kazuo Ueda, China's, cryptocurrency, Bitcoin Organizations: Federal Reserve, Bank of Japan, U.S, San Francisco Fed, ECB, European Central Bank, Bank of England, Bank of Canada, Bloomberg, Traders Locations: U.S

☆ April a reasonable time for the Bank of Japan to bring rates back to zero, strategist says
▼ + stars: | 2024-01-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApril a reasonable time for the Bank of Japan to bring rates back to zero, strategist saysAlim Remtulla, chief FX strategist at EFG International, discusses the Bank of Japan's latest monetary policy decision, the prospect of a first interest rate hike for 17 years, and what it means for the Japanese yen.

Persons: Alim Remtulla Organizations: Bank of Japan, EFG International, Bank of

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