Author: Press Room

CNN  —  Former Vice President Mike Pence is making a hard play for social conservatives as he prepares for a potential run for president. And as some evangelical and conservative leaders express disenchantment with Pence’s old running mate, Donald Trump, this reliable bloc of Republican voters may be interested in finding a new champion in 2024. A longtime social conservative and prominent evangelical Christian, Pence is laying the groundwork early to appeal to some of the religious right’s most influential pastors, activists and celebrities. This week, he will appear at First Baptist Church in Dallas for a conversation with its…

CNN  —  In adopting their rules package Monday, the new House Republican majority has made it clear that they want to rein in federal government spending and keep a lid on taxes. The package, which governs how the chamber will operate for the next two years, lays out several measures aimed at making it harder to hike spending and to increase taxes to pay for it. Some of the provisions have been in effect previously when the GOP has controlled the House. The measures, several of which raised concerns even among cost-conscious Republican lawmakers, are sure to lead to battles…

This is not the first time Akhuetie has turned hair into mesmerizing, three-dimensional objects. The 33 year old first carved out a distinctive space for herself through creating what she calls “braided objects”—which exist somewhere between trompe l’oeil and fine art—beginning in 2020. A chair of hers gives off the illusion of being created out of nothing but snaking spirals of cornrowed hair. The frame of a mirror is essentially hot-pink braids constructed with varying levels of thickness and time-tested techniques. After a period of experimentation, a large swath of Akhuetie’s visually compelling art was featured in her first solo exhibition at…

Prime Minister Justin Trudeau and U.S. President Joe Biden are meeting face to face Tuesday morning as the North American Leaders’ Summit begins in earnest. It’s the first formal bilateral for Biden and Trudeau – two-thirds of the so-called “Three Amigos” – since the Summit of the Americas in June.Much like last year’s gathering of hemispheric leaders, Biden’s agenda will be dominated by the migratory crisis at the U.S.-Mexico border.That’s why Tuesday morning’s meeting will be Trudeau’s best chance this week to press Biden on issues of specific concern to Canada.The two have plenty to talk about, from lingering trade…

Stocks in Asia are starting 2023 in a bull market. Investors have been cheered by China’s pivot away from its zero-Covid policy, the ending of its crackdown on tech companies and Beijing’s renewed commitment to growing the world’s second biggest economy. The MSCI Asia Pacific index, which excludes Japanese companies, jumped 2.5% during Tuesday trading to close the day at 535.69 points. That’s up 24.6% since its most recent low on October 24. A bull market is typically defined as a rise of 20% above recent lows. The rally has been driven by a rebound in investor sentiment towards Chinese…

Thailand has clarified its COVID-19 entry rules after confusion about whether vaccinations are needed to enter the country.On Saturday, aviation authorities announced that proof of vaccination would be required for inbound passengers due to insufficient levels of immunisation in China and the rest of the world.It came as China re-opened its borders and removed quarantine requirements for travellers. Thailand is one of Asia’s most popular tourist destinations and expected a deluge of visitors from China.But two days later, tourism officials decided to reverse the decision to require proof of vaccination after a panel of health experts agreed to withdraw the…

CNN  —  What makes for a good seat on an airplane? Some say the window view, while others believe legroom is most important – and will even pay substantially more for a few extra inches of space. Airlines know that comfort is your top priority, but a growing number of them are opting for less comfortable, cost-effective seats – including some without the reclining option altogether. Many travelers aren’t fond of the change, but some aviation experts say the move could benefit flight attendants who often play schoolyard monitor over disputes involving seat reclining etiquette. Here’s what else you need…

On Monday afternoon, protestors chanted “No Amnesty!” at the University of Sao Paulo’s law college, demanding the riot instigators be brought to justice, according to the Associated Press. It soon became the rallying cry for thousands across Rio de Janeiro and Sao Paulo, visible on posters and banners.“These people need to be punished, the people who ordered it need to be punished, those who gave money for it need to be punished,” Bety Amin, a 61-year-old therapist with the word “DEMOCRACY” stretched across the back of her shirt, told the news agency on Sao Paulo’s main boulevard . “They don’t…

Traders on the floor of the NYSE, Jan. 5, 2023.Source: NYSEHere are the most important news items that investors need to start their trading day:1. A little momentumThe Nasdaq put together its second straight day of gains Monday, even as the Dow and the S&P 500 slipped. The tech-heavy Nasdaq struggled mightily last year, dragged down by large declines in stocks like Tesla. Could this year, however, bring a substantial turnaround? One classic indicator suggests that stocks, overall, are in for a good year. Simply, it’s that the S&P 500 has done well after the first five trading days of…

UK investment manager Terry Smith has blamed his £22.5bn fund’s underperformance on the end of “easy money” and warned that central banks could tip the economy into recession through too much monetary tightening.In his annual letter to shareholders, Smith said the 14 per cent drop in the value of his flagship Fundsmith Equity fund in 2022 was the result of moves by central banks, from scaling back quantitative easing to raising interest rates.Smith is considered one of the UK’s top stockpickers and has delivered returns of 478 per cent since his popular equity fund was launched in 2010.But the past…