US stocks wobble to a mixed close, indexes keep weekly gains
Stocks wobbled to a mixed close on Wall Street Friday, but every major index notched weekly gains in a holiday-shortened week. Investors faced a relatively quiet day, though concerns about inflation, high interest rates and a potential recession still hover over Wall Street. The S&P 500 fell 1.14 points, or less than 0.1%, to close at 4,026.12. Nearly 70% of stocks in the benchmark index gained ground, but the broader market was dragged lower by technology companies. The yield on the 10-year Treasury, which influences mortgage rates, rose to 3.70% from 3.69% late Wednesday.
Source:New York Times
November 26, 2022 06:48 UTC
With Black Friday behind us, it’s time to remember to shop local
Today is Small Business Saturday, a celebration of such shops that follows the biggest day of the retail season. Meta, the company behind Facebook and Instagram, released a report just last month noting that fewer individuals who work for small businesses are being laid off this year compared to 2021. According to the Small Business Administration and Forbes magazine, small businesses accounted for 62 percent of jobs created between 1995 and 2020 and 44 percent of all U.S. economic activity. Go out there, grab a friend and shop small and local today. We hope if you don’t have an opportunity to visit and shop at small businesses on Small Business Saturday, you will remember them — and all they do to enrich our communities — when you do have an opportunity to shop.
Source:Forbes
November 26, 2022 06:41 UTC
Epstein Accusers Sue Deutsche Bank, JP Morgan Chase
Women who have accused Jeffrey Epstein of sexual abuse filed lawsuits against Deutsche Bank and JPMorgan Chase for purportedly aiding in his alleged sex-trafficking operation, The Wall Street Journal (WSJ) reported. Women who accused Jeffrey Epstein of abuse are suing JPMorgan and Deutsche Bank, saying they facilitated his alleged sex-trafficking operation https://t.co/Hn7W7HzK3f — The Wall Street Journal (@WSJ) November 24, 2022The lawsuit against Deutsche Bank cites allegations from New York state’s top financial regulator about the bank’s purported ties to Epstein, WSJ continued. The JPMorgan Chase lawsuit is based on an alleged relationship between Epstein and a top executive at the bank, according to the outlet. The other unnamed woman suing Deutsche Bank claims in her lawsuit that she was sexually abused by Epstein from approximately 2003 to about 2018, according to the outlet. Epstein died in 2019, when he reportedly committed suicide in jail pending trial on federal sex trafficking charges.
Source:Wall Street Journal
November 26, 2022 06:31 UTC
ICYMI—Hagerty Joins America Reports on Fox News to Discuss China’s Surveillance Stations in the United States
NASHVILLE, TN—United States Senator Bill Hagerty (R-TN), a member of the Senate Foreign Relations Committee, joined America Reports on Fox News to discuss reported Chinese surveillance stations within the United States and the need for the Biden Administration to push back against the Chinese Communist Party. *Click the photo above or here to watch*Partial TranscriptHagerty on the Biden Administration emboldening Communist China: “It’s an incredible violation of the sovereignty of every nation where these stations may be located, John. And at the same time, you know, the Biden Administration has been, you know, allowing this type of activity to occur. The Chinese Communist Party, again, [is] far too aggressive. Let’s hope the FBI and the DOJ step up, and let’s hope that this Biden Administration realizes the threat that it is and calls it out.”###
Source:Fox News
November 26, 2022 05:52 UTC
No. 18 UCLA uses late knockout punch to defeat Cal and reach nine wins
The current city hall is outdated and short on space. A new city hall is an urgent need. It would be a huge lift to downtown, especially if a police presence is included. Killeen has too many other urgent needs to fund a luxury item like a new city hall. Keeping city hall downtown has its drawbacks, even if a new facility benefits residents.
Source:Los Angeles Times
November 26, 2022 05:50 UTC
FTSE 100 Closes Up 0.3% as Risk Rally on Pause
The FTSE 100 closed up 0.3% on Black Friday as the week looks set to end without a bang and any risk rally is on pause for now, IG's chief market analyst Chris Beauchamp says. "The FTSE 100 certainly looks in need of something to move it on, with the index having barely moved over the last three sessions. ---LPA Flags FY 2022 Trading Loss Despite Upswing in 2HLPA Group PLC said Friday that it will make a small trading loss for the year, despite a strong second half with improved trading on year. The U.K. furniture and floorings retailer is expected to report a pretax profit for FY 2023 of GBP8 million, they say. That means if the U.K. plans to move in that direction, negotiations would take time, she says.
Source:Wall Street Journal
November 26, 2022 05:47 UTC
![A new foreign policy headache for Biden as Israel forms its most right-wing government ever [Los Angeles Times :: BC-BIDEN-ISRAEL:LA]](https://www.dailyrepublic.com/files/2018/11/Graphics-State-News.jpg)
A new foreign policy headache for Biden as Israel forms its most right-wing government ever [Los Angeles Times :: BC-BIDEN-ISRAEL:LA]
Dealing with the Netanyahu-led government will pose major challenges for the Biden administration, which desires a resolution to the Israeli-Palestinian conflict and broader acceptance of Israel in the Arab world. Republicans in the U.S. who are eager to cast themselves as true friends of Israel are sure to question any Biden administration criticism of the new government. Netanyahu and President Joe Biden have both said that U.S. support for Israel should remain bipartisan. Republicans remain eager to criticize anything short of unquestioning support for Israel from the Biden administration. KeyWords:: 758b538e-54b8-483c-b01c-be81fff86359758b538e 54b8 483c b01c be81fff86359BC-BIDEN-ISRAEL:LABC BIDEN ISRAEL LA
Source:Los Angeles Times
November 26, 2022 05:37 UTC
Murder, fraud and sex tapes: Why Hulu and other streamers are cashing in on true crime [Los Angeles Times :: BC-VID-HULU-TRUECRIME:LA]
The sordid tale was covered in the 2014 book “Deadly Dance: The Chippendales Murders,” and helped inspire a Hulu series, “Welcome to Chippendales,” which launched this week and stars Marvel actor Kumail Nanjiani. It’s one of nearly half a dozen Hulu limited series launched this year that are based on real-life true-crime stories ripped from the headlines. The limited series delved into the murder of Dee Dee Blanchard, based on a BuzzFeed article by writer Michelle Dean. Three of the top 10 Hulu Originals shows this year were related to real-life true-crime stories, based on U.S. consumer demand online, according to Parrot Analytics. KeyWords:: b80bdf4e-2ed2-44c3-8576-77eaf67f0c99b80bdf4e 2ed2 44c3 8576 77eaf67f0c99BC-VID-HULU-TRUECRIME:LABC VID HULU TRUECRIME LA
Source:Los Angeles Times
November 26, 2022 05:37 UTC
Empire Mall sees steady numbers during Black Friday, morning lines short at big box stores
Shoppers lined up in front of the Empire Mall before 6 a.m. Friday morning to get deals at the 110 brands located inside the mall. That’s because of a decline in “doorbuster” deals, according to the Empire Mall Manager Dan Giles. “Today, we’re beating those numbers of course, But it was a different story, people were happy to get back out shopping in big crowds (in 2020),” Giles said. “We’ve had continuous growth since 2020, and I would say that we’re back to pre-pandemic levels.”More:COVID-19 impacts Black Friday shopping. Big box stores see smaller lines prior to openingWhile the mall saw lines, most big box stores on Friday morning had what seemed like normal foot traffic.
Source:CNN
November 26, 2022 05:35 UTC
Man accused of holding razor blade near woman’s neck on flight
A Utah man is facing charges after allegedly bringing a straight edge razor blade on a flight and holding it near a passenger's throat. Merrill Darrell Fackrell, 41, allegedly boarded a JetBlue flight Monday at JFK Airport in New York en route to Salt Lake City. The woman's husband then went to the front of the plane to get assistance from a flight attendant. MORE: Man who assaulted flight attendants, was duct taped on Frontier flight, sentenced to jailThe object was secured and later identified as a wood-handled straight edge razor with a one-to-two-inch blade. Man accused of holding razor blade near woman’s neck on flight originally appeared on abcnews.go.com
Source:ABC News
November 26, 2022 05:27 UTC
ADRs End Mixed; ArcelorMittal, Credit Suisse Trade Actively
By Denny JacobInternational stocks trading in New York closed mixed on Friday. The S&P/BNY Mellon index of American depositary receipts rose 0.2% to 139.63, the European index climbed 0.4% to 136.19 and the Latin American index ticked up 0.1% to 181.63. But the Asian index retreated 0.3% to 159.03 and the emerging-markets index edged down 0.9% to 265.95. ArcelorMittal SA was among companies whose ADRs traded actively, with the Luxembourgian steelmaker's ADRs edging up 0.8%. Credit Suisse Group AG's ADRs tumbled 6.3% even as the Swiss bank is pulling in about $4.2 billion of new equity funding, part of a share selloff by the global investment bank to help pay for a sweeping overhaul after financial losses and a string of scandals.
Source:Wall Street Journal
November 26, 2022 05:18 UTC
Millennials Are 'Kidulting' All Over The Shop. Here Are The Rules
Illustration:Jianan Liu/HuffPost Photo:Getty Images Tapping into nostalgia ― especially if you share it with others ― can be a powerful mental health booster. The result: a depressed Mortimer Goth moping around my home, too broken over his divorce to care about my homewrecking self.) If you have kids, you have an obvious leg up with play, Batcho said. With the value question, you’re asking them what you bring to their lives and what you may be good at. AdvertisementGrant yourself permission to playIf you’re a play agnostic, try to acknowledge that you’re doing something really good for yourself when you play.
Source:Huffington Post
November 26, 2022 05:18 UTC
FTX: How the mainstream media covered up all of Sam Bankman-Fried’s excesses
While the responsibilities of the now bankrupt derivatives exchange FTX are separate from those of former chief executive Sam Bankman-Fried (SBF), the industry and mainstream media seem to see things differently. Mainstream media influence sentimentThe media is supposed to be a vehicle for accurate information and awareness, an extremely important medium and resource in the rapidly expanding world of crypto-currencies. All media must report, this cannot be controlled, however, what they report must at least be within the facts available. The WSJ article portrays SBF as a major philanthropic figure, a positive connotation of his squandering of funds in a fraudulent manner. Coping with painAs a former billionaire, Sam Bankman-Fried was entitled to a luxurious lifestyle, and his $30 million mansion in the Bahamas is justified.
Source:Wall Street Journal
November 26, 2022 04:54 UTC
There is a Wrong Way to Celebrate Thanksgiving
But I suspect people say this to erroneously acknowledge that some people don’t celebrate Thanksgiving. So maybe I got a little Thanksgiving outrage going on, but barely enough to write this post. She’s going to Friendsgiving which is a good thing. The one good thing from this is that I got so sick, I seemed to have shaken off the depression. So this will go down as a nice Thanksgiving, minus the sickness, and that’s about it.
Source:Washington Post
November 26, 2022 04:50 UTC
Review: Les Misérables Brings Zombie Metaphors to Reflect on Modern Culture
On Tuesday night, my favorite musical partner Sarah P and I went to see Les Miserables at the Benedum Center. Les Miserables is based on a French historical novel by Victor Hugo, first published in 1862, that is considered one of the greatest novels of the 19th century. When the ship reaches its destination, we are introduced to one of the main characters, Jean Valjean, who has been incarcerated for nineteen years for stealing a piece of bread! The singing was amazing and several of the main characters had solos that were moving and beautiful. then I would urge you to see Les Miserables.
Source:Washington Post
November 26, 2022 04:50 UTC