Wednesday, February 1, 2023

Feb 1, 2023 - The Stock Market Wants an Easy Fed. Powell Has Other Plans.

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TradeBriefs Editorial

From the Editor's Desk

Why we need new stories on climate | Rebecca Solnit

So much is happening, both wonderful and terrible - and it matters how we tell it. We can't erase the bad news, but to ignore the good is the route to indifference or despair

Every crisis is in part a storytelling crisis. This is as true of climate chaos as anything else. We are hemmed in by stories that prevent us from seeing, or believing in, or acting on the possibilities for change. Some are habits of mind, some are industry propaganda. Sometimes, the situation has changed but the stories haven't, and people follow the old versions, like outdated maps, into dead ends.

Continued here


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The Stock Market Wants an Easy Fed. Powell Has Other Plans.
The Stock Market Wants an Easy Fed. Powell Has Other Plans.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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Kamala Harris to attend Tyre Nichols funeral in Memphis
Kamala Harris to attend Tyre Nichols funeral in Memphis
Nichols' mother and stepfather have accepted an invitation to attend Biden's state of the union address next week at the Capitol. They will attend with Rep Steven Horsford, a Nevada Democrat and chair of the Congressional Black Caucus, according to Vincent Evans, a spokesperson for the caucus.






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Costa cappuccinos deliver nearly five times as much caffeine as Starbucks ones
Costa cappuccinos deliver nearly five times as much caffeine as Starbucks ones
A Costa Coffee spokesperson said the caffeine content of its drinks was clearly displayed in its stores and on its website, and it would “encourage customers to be aware of the caffeine content”.


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A 'more premium' Nothing Phone (2) is coming this year. Here's what we know so far
A 'more premium' Nothing Phone (2) is coming this year. Here's what we know so far
Nothing's Phone (2) will launch in the US later this year.




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2 Strong Buy Small Cap Stocks That Can Rip Higher in 2023
2 Strong Buy Small Cap Stocks That Can Rip Higher in 2023
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.


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Man dies after being stabbed in Bristol city centre
Man dies after being stabbed in Bristol city centre
Avon and Somerset police said emergency services were called to Castle Park around 4.30pm on Tuesday after reports of a man being stabbed. A man in his 30s was found injured and taken to hospital where he later died.




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California police kill double amputee who was fleeing: Scared for his life
California police kill double amputee who was fleeing: Scared for his life
Simon said Lowe had been proud of their son's success in football and had helped him stay motivated, and that she was struggling to process that he wouldn't be there for graduation. She said Lowe had also loved to dance, and she believed he had been facing mental health challenges and depression due to the amputations. But she had hoped his life would soon start to improve.


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Stocks moving in after hours: Snap, AMD, Match Group, EA
Stocks moving in after hours: Snap, AMD, Match Group, EA
Shares of the Match Group fell as much as 8% after the dating app company posted its first quarterly decline on record, and its first quarter revenue guidance of $790 million and $800 came in below expectations of $787.3 million.




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Vodafone can do better, admits chief
Vodafone can do better, admits chief
We usecookiesand other data for a number of reasons, such as keeping FT Sites reliable and secure,personalising content and ads, providing social media features and toanalyse how our Sites are used.


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Phil McGraw to end 'Dr. Phil' after 21-year daytime TV run
Phil McGraw to end 'Dr. Phil' after 21-year daytime TV run
The talk show host, who started on Oprah Winfrey's show in the late 1990s, has been on daytime television for more than 25 years.




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U.S. EPA's move to block Pebble project in Alaska 'unlawful'
U.S. EPA's move to block Pebble project in Alaska 'unlawful'
The U.S. Environmental Protection Agency's (EPA) decision to block the proposed Pebble copper and gold mining project near Alaska's ecologically sensitive Bristol Bay watershed is "unlawful" and hurts the state, said the top boss of the mining project.


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ValueBase, backed by Sam Altman's Hydrazine, raises $1.6 million seed round
ValueBase, backed by Sam Altman's Hydrazine, raises $1.6 million seed round
Hydrazine Capital, a fund run by Altman and business partner Ryan Cohen, led the $1.6 million round in ValueBase. They joined by former Github CEO Nat Friedman, serial entrepreneurs Sahil Lavingia and Erik Torenberg and others.




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Haruki Murakami to publish 1st novel in 6 years in April
Haruki Murakami to publish 1st novel in 6 years in April
Japanese writer long seen as contender for Nobel Prize in literature


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Saudi Arabia seeks a place on tourist map with ambitious foreign visitor push
Saudi Arabia seeks a place on tourist map with ambitious foreign visitor push
We usecookiesand other data for a number of reasons, such as keeping FT Sites reliable and secure,personalising content and ads, providing social media features and toanalyse how our Sites are used.




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Nikki Haley expected to formally announce presidential bid on Feb. 15
Nikki Haley expected to formally announce presidential bid on Feb. 15
An announcement would make Haley former President Donald Trumps first opponent for the Republican nomination.


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Extreme leverage? Adanis debt-driven expansion under scrutiny
Extreme leverage? Adanis debt-driven expansion under scrutiny
We usecookiesand other data for a number of reasons, such as keeping FT Sites reliable and secure,personalising content and ads, providing social media features and toanalyse how our Sites are used.




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Intel cuts management pay to save cash and weather chip downturn
Intel cuts management pay to save cash and weather chip downturn
We usecookiesand other data for a number of reasons, such as keeping FT Sites reliable and secure,personalising content and ads, providing social media features and toanalyse how our Sites are used.


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UK benefit changes have pushed people into dead-end, low-paid jobs, says IFS
UK benefit changes have pushed people into dead-end, low-paid jobs, says IFS
“Policymakers would do well to look beyond the headline employment number when setting benefits policy, and consider how the system – and other parts of policy – can be shaped to promote longer-term career progression.”


Work
Two years on, Myanmar coup takes a 'catastrophic toll'
Two years on, Myanmar coup takes a 'catastrophic toll'
The Feb. 1, 2021, coup, which unseated Nobel laureate Aung San Suu Kyis elected government, has left a trail of upended lives in its wake.


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Why Ukraine Hasnt Been a Boon to U.S. Defense Companies
Why Ukraine Hasnt Been a Boon to U.S. Defense Companies
Soaring demand for munitions hasnt translated yet into big sales for arms producers suffering from supply chain snarls, labor shortages.


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Budget 2023 for MSMEs: Infusion of Rs 9,000 crore in credit guarantee scheme for MSMEs
Budget 2023 for MSMEs: Infusion of Rs 9,000 crore in credit guarantee scheme for MSMEs
The government, on Weednesday announced that the existing credit guarantee scheme for MSMEs will be revamped with the infusion of Rs 9,000 crore. In her Budget 2023 speech, Finance Minister Nirmala Sitharaman said that the infusion of Rs 9000 crore in the corpus will allow collateral-free credit of Rs 2 lakh crores. The changes will be effective April 1, 2023.


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Netflixs Pamela Anderson Documentary Is a Wake-Up Call
Netflixs Pamela Anderson Documentary Is a Wake-Up Call
The Baywatch actress gets the Framing Britney Spears treatment, and the results are grim.


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Millions face disruption as strikes hit schools, trains, universities and border checks live
Millions face disruption as strikes hit schools, trains, universities and border checks  live
Education - Teachers belonging to both the National Education Union (NEU) are striking across England and Wales; and in Scotland, teachers who are members of the Educational Institute of Scotland (EIS) in Clackmannanshire and Aberdeen continue strike action


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The Navys Dolphins Have a Few Things to Tell Us About Aging
The Navys Dolphins Have a Few Things to Tell Us About Aging
In her youth, Blue was a standout mine-hunter for the U.S. military. She and her colleagues are now at the vanguard of geriatric marine mammal medicine.


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Bed Bath & Beyond closes another 87 stores in 30 states: See the list of locations closing
Bed Bath & Beyond closes another 87 stores in 30 states: See the list of locations closing
Bed Bath & Beyond will close 87 more stores in 30 states. It also announced it would close all Harmon stores and five buybuy Baby stores.


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US accuses Russia of violating key nuclear arms control treaty
US accuses Russia of violating key nuclear arms control treaty
The previous administration of Donald Trump had ripped up previous arms control agreements and had been hesitant to preserve New Start in its current form, saying that any nuclear treaty must also include China, whose arsenal is rapidly growing but still significantly below those of Russia and the United States.


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Myanmar junta hit by western sanctions as silent strikes mark coup anniversary
Myanmar junta hit by western sanctions as silent strikes mark coup anniversary
"Without conditions that permit the people of Myanmar to freely exercise their political rights, the proposed polls risk exacerbating instability" the UN said in a statement.Australia, which has been criticised for its slowness to impose sanctions on Myanmar's military figures, announced measures against 16 people including junta chief, Min Aung Hlaing, and his deputy, Soe Win. Two entities, the Myanmar Economic Corporation and Myanmar Economic Holdings Public Company Ltd, were also targeted.


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Dr Phil: daytime television talkshow to end after 21 seasons
Dr Phil: daytime television talkshow to end after 21 seasons
“Phil changed the daytime landscape as the force behind one of the most popular talkshows ever on daytime TV,” the president of CBS Media Ventures, Steve LoCascio, said on Tuesday evening.


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Rupert Grint reveals the life of a child actor gone right: wife, kid, horror projects
Rupert Grint reveals the life of a child actor gone right: wife, kid, horror projects
With two dark roles atop his resume, child-actor success story Rupert Grint wouldn't mind 'doing something light next like a Christmas movie.'


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Revealed: Which chains put a 'massive' amount of caffeine in their coffees... and which don't
Revealed: Which chains put a 'massive' amount of caffeine in their coffees... and which don't
A single espresso from Pret A Manger was found to contain six times as much caffeine as one from Starbucks, while cappuccinos from Greggs and Pret a Manger contained significantly less caffeine than one from Costa.


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Massachusetts prisoners may get shorter sentences for organ donations
Massachusetts prisoners may get shorter sentences for organ donations
“We are concerned regarding the potential for coercion and impact of inadequate medical care in carceral settings. We believe the solution must target the underlying structural problems leading to health disparities, including ongoing needless incarceration of so many who could live freely and safely in our communities,” White told the news organization.


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Haruki Murakami to publish 1st novel in 6 years in April
Haruki Murakami to publish 1st novel in 6 years in April
Japanese writer long seen as contender for Nobel Prize in literature


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Finance Minister Announces New Programme To Promote Research In Pharma
Finance Minister Announces New Programme To Promote Research In Pharma
Finance Minister Nirmala Sitharaman today announced launch of a new programme to promote research in pharmaceuticals with a view to promoting growth of the sector.


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Workplace reforms back on agenda when parliament returns next week, Tony Burke says
Workplace reforms back on agenda when parliament returns next week, Tony Burke says
“I am deeply frustrated and always have been at the presumption that every artist when they’re asked to help with someone is presumed they’ll do it for free or that exposure is their payment,” he said.


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Priscilla Presley contests Lisa Maries will excluding her, says signature is inconsistent
Priscilla Presley contests Lisa Maries will excluding her, says signature is inconsistent
The only daughter of Elvis Presley removed her mother and manager from her will in 2016


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Protest outside George Pells funeral to go ahead after police back away from attempted ban
Protest outside George Pells funeral to go ahead after police back away from attempted ban
Community Action for Rainbow Rights reach an agreement with NSW police outside of court to march along modified route


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Ford's lower-cost EVs play into Biden's Infrastructure Reduction Act plans
Ford's lower-cost EVs play into Biden's Infrastructure Reduction Act plans
Tesla competition aside, there's another likely reason Ford is lowering its electric vehicle prices.


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Woman accused of 'doppelganger murder' in plot to fake her own death
Woman accused of 'doppelganger murder' in plot to fake her own death
A 23-year-old woman, with the help of a friend, killed a stranger to stage her own death and "start a new life due to family problems," police and prosecutors in Germany said.


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Russia-Ukraine war live: Zelenskiy signals reforms ahead of EU summit in Kyiv; Netanyahu open to mediator role if asked
Russia-Ukraine war live: Zelenskiy signals reforms ahead of EU summit in Kyiv; Netanyahu open to mediator role if asked
Military casualties on both sides in the war have totalled about 200,000, a western official has said, with a similar number killed and wounded on either side. A higher proportion of Russians had been killed, the official added, because they have been on the offensive, meaning that "they've suffered more fatalities than the Ukrainians on balance".


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Teachers strike: majority of schools in England and Wales will open, says Keegan
Teachers strike: majority of schools in England and Wales will open, says Keegan
Keegan met four education unions earlier this week, but talks to stop Wednesday's strike action collapsed. The NEU said it was keen to reopen negotiations to avert strikes planned for later this month and March, even though there appears little hope of a breakthrough, with the Treasury in effect blocking progress.


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After getting tanks, Ukraine escalates public pressure over F-16 fighter jets | CNN Politics
After getting tanks, Ukraine escalates public pressure over F-16 fighter jets | CNN Politics
Top Ukrainian officials have in recent days escalated their public lobbying campaign for US-made F-16 fighter jets, arguing they need them urgently to defend against Russian missile and drone attacks.


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After getting tanks, Ukraine escalates public pressure over F-16 fighter jets | CNN Politics
After getting tanks, Ukraine escalates public pressure over F-16 fighter jets | CNN Politics
Top Ukrainian officials have in recent days escalated their public lobbying campaign for US-made F-16 fighter jets, arguing they need them urgently to defend against Russian missile and drone attacks.


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Asia's factory activity contracts despite China's COVID reopening
Asia's factory activity contracts despite China's COVID reopening
Asia's factory activity contracted in January as the boost from China's COVID reopening had yet to offset headwinds from slowing U.S. and European growth, surveys showed on Wednesday, underscoring the fragility of the region's economic recovery.


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UK house prices fall for fifth month in a row
UK house prices fall for fifth month in a row
Meanwhile, the rising cost of renting a home, which has been increasing at the strongest pace since records began in 2005, is also making it difficult renters to save money for a house deposit.


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VP Harris to attend Tyre Nichols funeral in Memphis
VP Harris to attend Tyre Nichols funeral in Memphis
Vice President Kamala Harris on Wednesday will attend the funeral of Tyre Nichols, who died at the hands of police in Memphis, Tennessee, the White House announced.


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Big Ideas 2023: Innovation is Taking Off
Big Ideas 2023: Innovation is Taking Off
Big Ideas 2023 highlights the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.


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Hero MotoCorp brings new 110cc scooter Xoom at Rs 68,599
Hero MotoCorp brings new 110cc scooter Xoom at Rs 68,599
Theres another 110cc scooter in the market from Hero MotoCorp. Called Xoom, this is the brands sportiest-looking scooter and packs some nifty features too. Check out what it has to offer.


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Woman accused of 'doppelganger murder' in plot to fake her own death
Woman accused of 'doppelganger murder' in plot to fake her own death
A 23-year-old woman, with the help of a friend, killed a stranger to stage her own death and "start a new life due to family problems," police and prosecutors in Germany said.


Work
Priscilla Presley contests Lisa Maries will excluding her, says signature is inconsistent
Priscilla Presley contests Lisa Maries will excluding her, says signature is inconsistent
The only daughter of Elvis Presley removed her mother and manager from her will in 2016


Work
Two years on, Myanmar coup takes a 'catastrophic toll'
Two years on, Myanmar coup takes a 'catastrophic toll'
The Feb. 1, 2021, coup, which unseated Nobel laureate Aung San Suu Kyis elected government, has left a trail of upended lives in its wake.


Work
UK benefit changes have pushed people into dead-end, low-paid jobs, says IFS
UK benefit changes have pushed people into dead-end, low-paid jobs, says IFS
“Policymakers would do well to look beyond the headline employment number when setting benefits policy, and consider how the system – and other parts of policy – can be shaped to promote longer-term career progression.”


Work
Stocks moving in after hours: Snap, AMD, Match Group, EA
Stocks moving in after hours: Snap, AMD, Match Group, EA
Shares of the Match Group fell as much as 8% after the dating app company posted its first quarterly decline on record, and its first quarter revenue guidance of $790 million and $800 came in below expectations of $787.3 million.


Work
Intel CEO Takes Pay Cut as Chip Maker Targets Cost Reductions
Intel CEO Takes Pay Cut as Chip Maker Targets Cost Reductions
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Novo Nordisk 4Q Sales DKK48.09B
Novo Nordisk 4Q Sales DKK48.09B
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More.


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More oil is coming
More oil is coming
Overall, oil and natural gas supplies seem likely to be tighter for the next several years than they were prior to COVID. “The market likes to see a supply cushion,” Wilson says. “But we’re going to have to get used to a future where we don’t have that spare capacity. We will probably continue to have volatility in oil prices.” That means every little bit of new production, from anywhere, will be welcome.


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Pfizer CEO Says Covid Cases Will Rise. So Will Sales.
Pfizer CEO Says Covid Cases Will Rise. So Will Sales.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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Intel Slashes CEO Pay by 25% as Part of Companywide Cuts
Intel Slashes CEO Pay by 25% as Part of Companywide Cuts
Intel, which informed staff of the latest cutbacks earlier Tuesday, is also reducing the match it offers to pension contributions. The Santa Clara, California-based company thanked employees for their patience and commitment.


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AMD CEO promises to keep taking data-center from Intel even as cloud demand pauses following 'strong' 2022
AMD CEO promises to keep taking data-center from Intel even as cloud demand pauses following 'strong' 2022
Wallace Witkowski came to MarketWatch from the Associated Press in New York, where he covered the business of Big Pharma, after covering FDA regulation of many of the same companies, as well as medical devices, in the Washington, D.C., area. Based in San Francisco, his current focus is on the more exciting world of semiconductors, videogames and cybersecurity, when he\'s not churning out earnings coverage. Follow him on Twitter at: @wmwitkowski.


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AMD Shares Climb as Server Market Helps Sales Forecast
AMD Shares Climb as Server Market Helps Sales Forecast
Though a less severe drop than expected, the outlook represents the company’s first year-over-year quarterly sales decline since 2019, ending a growth streak that elevated AMD into the upper ranks of the chip industry.


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