DIRS.INFO The most relevant business & tech news

☆ Sleep Better at Every Age
▼ + stars: | 2023-07-07 | by ( Dani Blum | ) www.nytimes.com time to read: +47 min

Sleep training, the process of teaching babies how to soothe themselves at night and sleep independently, can start when infants are 3 to 4 months old. While sleep training can be taxing for everyone involved, it can lead to better sleep for the whole household. If your child is struggling to sleep through the night at this age, consider talking to a pediatrician about possible solutions. The problem: Insomnia can strike at any age: Around 20 percent of children have difficulty falling or staying asleep. Plus, the older we get, the harder it is to bounce back from a night of poor sleep, Dr. Roth said.

Persons: ”, Craig Canapari, Canapari, Naptime, Tell, “, aren’t, Roth, Dr, Shannon Sullivan, Sullivan, Indira Gurubhagavatula, we’re, Gurubhagavatula, You’re, doesn’t, you’re, Sabra Abbott, Aric Prather, It’s, you’ll, Perimenopause, Abbott, Prather, don’t, — Organizations: Yale University ., Stanford Medicine, Yale University, Penn Medicine, Feinberg School of Medicine, Northwestern University, University of California Locations: San Francisco, midlife, United States

☆ Welcome to the Age of the Cage Match
▼ + stars: | 2023-07-06 | by ( Joseph Bernstein | ) www.nytimes.com time to read: +1 min

That would be Elon Musk versus Mark Zuckerberg in Las Vegas, or maybe the Colosseum in Rome. The rival tech billionaires are inching toward a cage match, brokered by Dana White, president of the Ultimate Fighting Championship. And for an undercard, how about a sitting U.S. senator versus a union boss? In case that’s not enough testosterone, perhaps some feats of strength are in order. On Thursday, the Democratic representative of New York posted to Twitter a video of himself bench-pressing 405 pounds.

Persons: Mark Zuckerberg, Dana White, Markwayne Mullin, Sean O’Brien, O’Brien, ”, Robert Kennedy Jr, Jeff Bezos, Jamaal Bowman Organizations: Elon, Oklahoma Republican, International Brotherhood of Teamsters, Twitter, Democratic, New Locations: Las Vegas, Rome, Oklahoma, Venice Beach, New York

Fight or Flight: Transgender Care Bans Leave Families and Doctors ScramblingLaws in 20 states have left the fate of clinics in doubt and families with transgender children searching for medical care across state lines. But two new laws have left them debating whether to leave Iowa. A ban on a medication that pauses puberty taken by their transgender son, Brecker, was signed into law by the state’s governor in March. “It’s like trying to cross a bridge but the boards just fall out,” said Brecker, who recently finished seventh grade and began receiving puberty blockers in December, a year after coming out as transgender. “So you’re hanging on those two ropes, inching yourself across, not knowing whether the ropes are going to snap or break.”In 20 states, bans or restrictions on transition-related medical care for transgender youths are upending the lives of families and medical providers.

Persons: David, Wendy Batchelder, Brecker, ” Organizations: Republican Locations: West Des Moines , Iowa, Iowa

☆ 'The Good Doctor' actor Hill Harper is inching toward a potential Senate bid in Michigan, report says
▼ + stars: | 2023-07-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

The actor Hill Harper is making moves toward a US Senate campaign launch in Michigan, per Politico. According to Politico, Harper, who lives in Detroit, is putting the final touches on a campaign launch that is still likely a few weeks away. "I think Hill getting in the race would be a really good thing for Michigan Democrats," Washtenaw County Sheriff Jerry Clayton told Politico. Most major Democratic officials in the state passed on the race earlier this year, but the Democratic primary is not hurting for candidates. Besides Slotkin, the other announced Democratic candidates include former state Rep. Leslie Love, businessman Nasser Beydoun, Michigan State Board of Education president Pamela Pugh, and attorney Zack Burns.

Persons: Hill Harper, Harper, —, John Fetterman's, Elissa Slotkin, Sen, Debbie Stabenow, Washtenaw County Sheriff Jerry Clayton, Harper —, Barack Obama, Harvard Law School —, Leslie Love, Nasser Beydoun, Pamela Pugh, Zack Burns, Nikki Snyder, Ezra Scott, Michael Hoover, Alexandria Taylor Organizations: Senate, Politico, Democratic, Allies, Service, CSI, Win Company, Michigan Democrats, Washtenaw County Sheriff, Brown University, Harvard Law School, President's, Slotkin, Michigan State, of, Republicans, of Education Locations: Michigan, Detroit, Pennsylvania, Lansing, Flint, Grand Rapids , Kalamazoo, Saginaw, Washtenaw County, Berrien

☆ The 2023 movie box office will need a strong second half after an inconsistent first six months
▼ + stars: | 2023-07-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

Hit and missOf course, quality is a big factor in a film's box office success, too. That pullback has already begun with the 2023 summer movie season. Starting the first Friday in May and running until Labor Day weekend, the summer movie season typically represents 40% of all movie ticket sales for the year. So far through July 2, the summer box office has tallied $1.88 billion. In summer 2022, the box office got a boost from Tom Cruise's "Top Gun: Maverick," a Paramount and Skydance feature.

Persons: that's, Mike Polydoros, clamoring, It's, Universal's, Mario, haven't, Shawn Robbins, Robbins, Tom Cruise's, Paul Dergarabedian, Strange, Indiana Jones, Ruby Gillman, Oppenheimer, Dergarabedian, Kraven, Hunter Organizations: PaperAirplane Media, CNBC, Warner Bros, Mario Bros, Guardians, Galaxy, Sony, BoxOffice.com, Labor, Paramount, Comscore, Universal, Disney, Lionsgate

☆ There's not a ton of fundamentals driving Apple's climb to $3 trillion right now: Cleo's Sarah Kunst
▼ + stars: | 2023-06-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's not a ton of fundamentals driving Apple's climb to $3 trillion right now: Cleo's Sarah KunstDan Ives, Wedbush managing director, and Sarah Kunst, Cleo Capital managing director, join 'Last Call' to talk Apple inching towards being the first $3 trillion company in history.

Persons: Sarah Kunst Dan Ives, Wedbush, Sarah Kunst Organizations: Cleo Capital, Apple

☆ Oil, Gas Companies Urged to Pursue Relatively Cheap Fix on Emissions
▼ + stars: | 2023-06-27 | by ( Will Horner | ) www.wsj.com time to read: +5 min

The energy sector accounts for 40% of all human-caused methane emissions, most of which come from oil and gas companies that release it as a byproduct. The Biden administration’s Inflation Reduction Act includes a plan to charge oil and gas companies for methane emissions, as well as almost $1.6 billion to help these businesses emit less methane. The U.S. and the European Union have also spearheaded a pledge, signed at the COP26 summit in 2021, to reduce global methane emissions. The U.S. Methane Emissions Reduction Act Plan includes tighter regulations, increased transparency and incentives including $47 million to fund research into technologies that reduce methane emissions. The investment would enable oil and gas companies to reduce methane emissions by identifying and quickly repairing methane leaks as well as upgrading older infrastructure that is prone to leaking.

Persons: Biden, Will Horner Organizations: International Energy Agency, Biden, European Union, Energy, Sustainable Business Locations: Paris, North America, U.S, inching, China, India, Russia, Brazil, Indonesia, william.horner

☆ Summer's here, and a 5%-10% pullback in concentrated big cap tech may be too
▼ + stars: | 2023-06-26 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The risk of too great a concentration in big cap tech stocks is again back in focus. Many have been saying that a 5%-10% pullback is overdue, certainly for big cap tech. The correction may already be starting: many big tech names, particularly semiconductors, were down in the high- to mid-single digits last week. (market cap vs. country GDP) Apple $2.9 trillion France $2.9 trillion Source: Wells Fargo Microsoft bigger than Italy? "Using 1999 as our example, we wonder how much longer the current chart (Apple > France and Tesla > Taiwan) is sustainable," he writes.

Persons: Today's Russell rebalance, Wells, Chris Harvey, Harvey —, Russell, There's, David Faber, Wells Fargo's Chris Harvey, Tesla, Harvey, Dan Ives, Ives Organizations: NYSE, Nasdaq, Intel, AMD, Broadcom, Apple, Microsoft, Nvidia, Wells, today's Tech, General Electric, Cisco, Walmart, Nokia, Pfizer, ExxonMobil, IBM, Citigroup, Tesla, Big Tech Locations: France, Italy, Mexico, Taiwan, Wedbush

Typically, when the Fed rate goes up, so do mortgage rates. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 15-Year Fixed Mortgage RatesThe average 15-year fixed mortgage rate is 6.07% this week, according to Freddie Mac data. Mortgage rates increased dramatically in 2022 and have been volatile so far in 2023, but they're expected to trend down later this year.

Persons: you'll, Freddie Mac, it's Organizations: Federal Reserve, Fed, Zillow Locations: Chevron

☆ US producer inflation subsides as energy, food prices drop
▼ + stars: | 2023-06-14 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

Reuters GraphicsGoods prices, which rose 0.2% in April, were last month depressed by a 6.8% tumble in energy prices. Gasoline prices plummeted 13.8%, accounting for 60% of the decrease in goods prices. The cost of services rose 0.2% after advancing 0.3% in April, driven by margins for automobiles and parts retailing. Excluding the volatile food and energy components, the so-called core goods prices edged up 0.1% last month, matching April's gain. The narrower measure of core PPI, which strips out food, energy and trade services components, was unchanged after inching up 0.1% in April.

Persons: Andrew Kelly, Christopher Rupkey, Veronica Clark, Jerome Powell, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: REUTERS, PPI, Labor Department, Federal Reserve, Reuters Graphics, Fed, Reuters, Treasury, Citigroup, CPI, Thomson Locations: Manhattan , New York City, U.S, WASHINGTON, New York, Ukraine

☆ Cyclone Biparjoy: when it will hit India and Pakistan, and map of affected areas
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +2 min

[1/8] People watch as waves hit Mandvi Beach before the arrival of cyclone Biparjoy in the western state of Gujarat, India, June 15, 2023. REUTERS/Francis MascarenhasNEW DELHI, June 15 (Reuters) - A powerful cyclone, named Biparjoy, is inching closer to India and Pakistan. LANDFALLThe 'very severe cyclonic storm' developing over the northeast Arabian Sea is expected to make landfall between Mandvi in India's western state of Gujarat and Karachi in southern Pakistan by Thursday evening. WIND SPEEDThe cyclone is expected to have maximum sustained wind speeds of between 115-125 km (71-78 miles) per hour, gusting up to 140 km (87 miles) per hour. FATALITIESSeven people have died in India so far due to mishaps stemming from extreme weather conditions caused by the cyclone, including rough seas and wall collapses.

Persons: Francis Mascarenhas, Sakshi Dayal, Raju Gopalakrishnan Organizations: REUTERS, Francis Mascarenhas NEW DELHI, Schools, Thomson Locations: Gujarat, India, Pakistan, Mandvi, India's, Karachi, Gujarat's Jakhau Port

This gives room for the Federal Reserve to pause and skip a rate hike when they meet later this week. In Japan, the Nikkei 225 popped 1.05% on its open, inching closer to the Nikkei's all time high is just under 39,000 points in December 1989. In Australia, the S&P/ASX 200 climbed 0.32%, while South Korea's Kospi slipped 0.22% and the Kosdaq traded close to the flatline. South Korea's unemployment rate came in at 2.5% for May, falling for the second straight month and lower than the 2.6% recorded in April. Hong Kong's Hang Seng index is also set for a strong open, with futures at 19,535 compared to the HSI's close of 19,521.42.

Persons: Ed JONES, ED JONES, Kospi, Hong Organizations: Getty Images, Federal Reserve, Nikkei Locations: Seoul, AFP, Asia, Pacific, U.S, Japan, Australia, South

☆ The S&P 500 could pop after Tuesday’s consumer price index report, JPMorgan’s trading desk says
▼ + stars: | 2023-06-12 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The latest reading on the U.S. consumer price index, a widely followed inflation gauge, is slated for release Tuesday at 8:30 a.m. The S & P 500 would pop between 0.75% and 1.25% under this scenario, JPMorgan said. The S & P 500 would trade between breakeven and 0.5% higher under this outcome, the traders predicted. The clear winner here would be the tech sector, JPMorgan traders said. The S & P 500 would drop 2.5% to 3% under this outcome.

Persons: Dow Jones, Buckle, — CNBC's Michael Bloom Organizations: CPI, Federal, JPMorgan, Services Locations: U.S, breakeven

☆ European stocks marginally lower as global markets look for direction
▼ + stars: | 2023-06-08 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European stocks were marginally lower Thursday as global markets appeared hesitant and lacking in direction. The pan-European Stoxx 600 index was down 0.1% in morning trading, with most sectors trading in negative territory. Tech stocks led losses with a 1.3% downturn, followed by telecom, which was down 1.1%. Markets seem to be in a holding pattern while awaiting the Federal Reserve's policy meeting on June 13 and 14. Markets are pricing about a 66% chance that the Fed keeps rates steady at the next meeting, according to the CME FedWatch Tool.

Organizations: Tech, Fed Locations: Asia, Pacific

☆ Stock futures are little changed on Wednesday night as rally hesitates: Live updates
▼ + stars: | 2023-06-07 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +1 min

Stock futures were flat on Wednesday evening, as investors await the next market catalyst. Futures linked to the S&P 500 ticked lower by 0.04%, while Nasdaq 100 futures inched down by 0.09%. Futures tied to the Dow Jones Industrial Average dropped 17 points or 0.05%. During the regular session Wednesday, the S&P 500 and the Nasdaq Composite appeared to take a breather from their recent rally. "It's widely expected they will pause, but it's really going to be important what their guidance is and what the [consumer price index] number on Tuesday will be and the [producer price index]."

Persons: Matthew Furlong, Ryan Cohen, Dow, Barbara Doran, it's, Jeff Cox Organizations: Nasdaq, Dow Jones, GameStop, Fed, BD8 Capital Partners, Federal

☆ The US Senate is working to get up to speed on AI basics ahead of any legislation
▼ + stars: | 2023-06-07 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

The deliberate pace of progress contrasts with the blistering speed with which companies and organizations have embraced generative AI, and the flood of investment into the industry. “The Senate must deepen our expertise in this pressing topic,” Schumer wrote in a letter to colleagues announcing the briefings. Options include forming a select committee to craft a comprehensive AI bill, or “splitting out and having lots of different committees come up with different pieces of legislation,” Rounds said. Sen. Michael Bennet has introduced legislation to create a new federal agency with authority to regulate AI, for example. And on Wednesday, Sen. Josh Hawley unveiled his own framework for AI legislation that called for letting Americans sue companies for harms created by AI models.

Persons: Chuck Schumer, Schumer, “, ” Schumer, South Dakota Republican Sen, Mike Rounds, Rounds, New Mexico Democratic Sen, Martin Heinrich, Indiana Republican Sen, Todd Young — haven’t, ” Rounds, Sam Altman, Sen, Michael Bennet, Josh Hawley, ” Organizations: Washington CNN, guardrails, South Dakota Republican, Washington, New, New Mexico Democratic, Indiana Republican, National Defense Locations: New Mexico

Cargo ships stop at their berths to load and unload containers at the container terminal in Lianyungang Port, East China's Jiangsu province, June 5, 2023. In Australia, the S&P/ASX 200 rose 0.25%, ahead of Australia's first quarter GDP numbers. The country's economy is expected to expand 2.4% year-on-year, slightly slower than the 2.7% recorded in the fourth quarter of 2022. Japan stocks were higher, with the Nikkei 225 inching closer to the 33,000 level and rising 0.47%. South Korea's markets came back from a public holiday with a positive start, with the Kospi climbing 0.28% and the Kosdaq up by 0.6%.

Persons: Philip Lowe Organizations: Reserve Bank of Australia, Nikkei Locations: Lianyungang Port, East China's Jiangsu, Asia, Pacific, Australia, Australia's, Japan, South

ISTANBUL, June 5 (Reuters) - Global airlines more than doubled their 2023 industry profit forecast to $9.8 billion from $4.7 billion on Monday cheered by strong travel demand as the sector recovers from the COVID-19 pandemic. "The pandemic years are behind us and borders are open as normal," Director General Willie Walsh told the annual meeting of the International Air Transport Association (IATA). Global airlines have in recent months reported strong results as they prepare for a busy summer season, with travel demand showing no sign of flagging despite peaking inflation. Revenue levels for 2023 are also inching closer to pre-pandemic levels, climbing to an expected $803 billion versus $838 billion in 2019. And they will continue to do so through this year," Walsh told Reuters in an interview separately.

Persons: Willie Walsh, Walsh, " Walsh, Joanna Plucinska, Aditi Shah, Tim Hepher, Jason Neely Organizations: Global, International Air Transport Association, . Global, Reuters, Airlines, Schiphol Airport, Schiphol, Thomson Locations: ISTANBUL, Netherlands, South Africa

☆ US crude oil exports to gain tail winds from Saudi July output cut
▼ + stars: | 2023-06-05 | by ( Arathy Somasekhar | ) www.reuters.com time to read: +3 min

U.S. oil exports touched a record 4.5 million bpd in March with China's growing oil purchases and competitive U.S. pricing lifting demand. The exports are about a third of U.S. production, even as the country's crude oil stocks are down near the low levels recorded at 815 million barrels. Brent traded at about $77.28 on Monday, below the about $80 per barrel that Saudi Arabia needs to fund its government budget. U.S. shale oil production has been inching higher all year, and is forecast to hit 5.71 million bpd this month. "But the near term impact (on drilling) is moderate at best," he added.

Persons: Matt Smith, Paul Sankey, Brent, Mike Oestmann, Arathy Somasekhar, Gary McWilliams, David Gregorio Our Organizations: Saudi, Sankey Research, New York ., U.S, Reuters, Thomson Locations: Saudi Arabia, Europe, Asia, . U.S, Saudi, New York, New York . U.S, City, Texas, WTI, Houston

The average 30-year mortgage rates was inching closer to 7% on Tuesday, while it now rests closer to 6.5%. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 30-Year Fixed Mortgage RatesThis week's average 30-year fixed mortgage rate is 6.79%, according to Freddie Mac. 15-Year Fixed Mortgage RatesThe average 15-year fixed mortgage rate is 6.18% this week, according to Freddie Mac data.

Persons: you'll, Freddie Mac, it's Organizations: Labor Statistics, Zillow, Federal Reserve Locations: Chevron

MEXICO CITY, June 2 (Reuters) - The U.S. is escalating its conflict with Mexico over agriculture biotech measures, including the stance on genetically modified (GM) corn, by requesting dispute settlement consultations, senior officials of the U.S. Trade Representative's office said on Friday. If the consultations announced on Friday fail to resolve disagreements within 75 days, Washington can request a dispute settlement panel to decide the case. The United States requested formal trade consultations in March over objections to Mexico's plans to limit imports of GM corn and other agricultural biotechnology products. Earlier this week, Mexico's agriculture minister expressed confidence in an interview that the dispute with the U.S. would not escalate to a dispute settlement panel. The new decree eliminated the deadline to ban GM corn for animal feed and industrial use, by far the bulk of its $5 billion worth of U.S. corn imports, but maintained a ban on GM corn used in dough or tortillas.

Persons: Andres Manuel Lopez Obrador, Tom Vilsack, Tom Haag, Cassandra Garrison, Adriana Barrera, Ismail Shakil, Leslie Adler Organizations: MEXICO CITY, U.S . Trade, U.S, Trade Ministry, United, Economy Ministry, Agriculture, U.S ., Corn Growers Association, Thomson Locations: MEXICO, U.S, Mexico, Canada, Washington, United States, Mexico City, Ottawa

☆ Yellen’s Debt Limit Warnings Went Unheeded, Leaving Her to Face Fallout
▼ + stars: | 2023-05-27 | by ( Alan Rappeport | ) www.nytimes.com time to read: +1 min

In the days after November’s midterm elections, Treasury Secretary Janet L. Yellen was feeling upbeat about the fact that Democrats had performed better than expected and maintained control of the Senate. But as she traveled to the Group of 20 leaders summit in Indonesia that month, she said Republicans taking control of the House posed a new threat to the U.S. economy. “I always worry about the debt ceiling,” Ms. Yellen told The New York Times in an interview on her flight from New Delhi to Bali, Indonesia, in which she urged Democrats to use their remaining time in control of Washington to lift the debt limit beyond the 2024 elections. “Any way that Congress can find to get it done, I’m all for.”Democrats did not heed Ms. Yellen’s advice. Instead, the United States has spent most of this year inching toward the brink of default as Republicans refused to raise or suspend the nation’s $31.4 trillion borrowing limit without capping spending and rolling back parts of President Biden’s agenda.

☆ Debt Ceiling Crisis: How a Default Could Unfold
▼ + stars: | 2023-05-26 | by ( Joe Rennison | Alan Rappeport | ) www.nytimes.com time to read: +1 min

The United States is inching closer to calamity, as lawmakers continue to spar over what it will take to raise the country’s $31.4 trillion debt limit. Such a situation would be unprecedented, so it’s difficult to say with certainty how it would play out. But it’s not the first time investors and policymakers have had to contemplate “what if?” and they’ve been busy updating their plans for how they think things may play out this time. While negotiators appear to be moving toward an agreement, time is short. There is no certainty that the debt limit will be lifted before June 5, when the Treasury now estimates the government will run out of cash to pay all of its bills on time, a moment known as the “X-date.”

☆ NZ central bank to hike by 25 bps, risk grows of higher peak for rates
▼ + stars: | 2023-05-22 | by ( Lucy Craymer | ) www.reuters.com time to read: +2 min

Yet, while back in February the RBNZ forecast the cash rate would peak at 5.5%, a growing minority of economists expect a further tightening is possible in July. Four economists in a Reuters poll of 21 economists now expect the cash rate to reach 5.75 or higher. Fourteen expect rates to hold at 5.50% next quarter. After the April surprise, markets remain wary of another outsized 50-basis-point rate hike this week. The money market is now pricing 39 basis points of hikes, up from 20 basis points last week.

REUTERS/Ralph OrlowskiSINGAPORE, May 19 (Reuters) - Global shares rose to a one-month high and the dollar trounced major currencies on Friday as markets reflected increased hopes for a deal over the U.S. debt ceiling that could avoid a calamitous default. The moves came after Democratic negotiators told President Joe Biden they were making "steady progress" on a deal to lift the U.S. debt ceiling and avoid a default by the world's largest economy, whose currency and Treasury debt markets underpin global trade and investment. "It's a high risk but low probability event," said Kevin Thozet, investment committee member at European fund manager Carmignac, said of the debt ceiling. Debt ceiling relief complicates the outlook for U.S. government bonds, where yields broadly track Federal Reserve interest rates, as fading recession risk could prompt the world's most influential central bank to keep monetary policy tight as inflation remains high. Elsewhere in markets, Japan's Nikkei 225 (.N225) hit its highest since 1990, reflecting debt ceiling optimism as well as the fact global investors are returning to Japan as its economy and corporate governance improve.

Search resuls for: "Inching"

25 mentions found