Breaking
Wealth World News
Archive

2024

Browsing
Politics

Conservatives unload on ‘political’ NYC prosecution of Trump outside courtroom: ‘Damaging to the country’

New York City – Bystanders outside former President Trump’s criminal trial on Wednesday spoke to Fox News Digital and blasted what they said is a political prosecution of the former president and chief political rival of President Biden.

‘This thing is damaging to the American legal system for decades to come,’ a man outside the courtroom told Fox News Digital. ‘The political use of the courts. Listen, on this level, it’s dreadful… never mind Trump, it’s damaging to the country.’

When asked if he thought the trial was politically motivated, the man scoffed in agreement and said, ‘It’s also economically motivated.’

‘Let’s do it fair, let’s lay out the deck of cards, if Biden is scared to lay down the deck of cards and ask what happened with the cocaine in the White House, the people still want to know… why CNN aint publicize that, why?’ 

Another man wearing a New York Yankees cap told Fox News Digital, ‘Why they ain’t making no news about it? It’s not about being a racist, you know I was a Democrat for long [time], but I had to research and start seeing things and I started to come to a clear perception and said, ‘Nah, Donald Trump is right.’’

‘You don’t have to agree with him about everything but one thing you can say… he  love to take care of the people, he love people,’ the man added.

‘Because he’s doing everything for us,’ a woman outside the courtroom told Fox News Digital when asked why she believes Trump is a ‘good president.’

Another man told Fox News Digital he thinks Democrats are ‘desperate’ and ‘losing their s—.’

‘They’re losing their composure and they’re just so scared that he might be elected they’re just losing their stuff totally,’ the man, who was holding an American flag, added.

When asked what the outcome of the trial will be, the man said, ‘His ratings will go up, we have a Constitution, so sooner or later, whatever at first happens will be overturned, so thank God we’re a constitutional republic.’

The man said he ‘wouldn’t be surprised’ if Trump was convicted in the New York City case, but the ‘consensus seems to be a hung jury.’ 

‘It shows that it’s fragile,’ the man said about how this trial reflects the criminal justice system in the United States. ‘Half the country doesn’t realize that we have a constitutional republic, and they think that the quote ‘majority’ should make the laws and that’s not the way it works. The Constitution supersedes the majority.’

Jurors in the case were handed their final instructions on Wednesday and were sent out to deliberate on Trump’s guilt in the 34 charges against him stemming from allegations he improperly covered up an NDA agreement with porn star Stormy Daniels. Trump has pleaded not guilty on all counts and dismissed the allegations as a political prosecution.

Fox News Digital’s Matteo Cina contributed to this report

This post appeared first on FOX NEWS
Keep Reading
By
Stocks

Failed Bearish Patterns are Bullish for S&P 500!

In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Frank Cappelleri, CMT CFA of CappThesis. Frank shares how the bull market phase has been marked by confirmed and completed bullish patterns and failed breakdowns after bearish patterns. Meanwhile, Dave discusses the rising interest rate environment, what it means for the equal-weighted S&P to underperform the regular cap-weighted SPX, and how charts like LUV remain firmly in a bearish trend.

You can find Dave’s chart showing equal-weighted vs. cap-weighted $SPX here.

This video originally premiered on May 29, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

Keep Reading
By
Stocks

This MUST SEE MACD Pattern is a Game Changer

On this week’s edition of Stock Talk with Joe Rabil, Joe shows a specific MACD pattern that, when it develops on the monthly chart, can give a great early warning sign. Joe gives several examples of this pattern during the lesson. He also shows two Scans that he runs in ACP and discusses the 10-year Yield and the Commodity chart, DBC. He then covers the stock requests that came through this week, including DIS, CNQ, and more.

This video was originally published on May 29, 2024. Click this link to watch on StockCharts TV.

Archived episodes of the show are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

Keep Reading
By
Stocks

Market Analysis: Top Stock Picks and Sector Insights

As we approach the highly anticipated results of India’s general elections on Tuesday, June 4, market volatility is expected to be at its peak. Exit polls, scheduled for Saturday, June 1, will likely add to the market’s uncertainty, causing significant fluctuations in the Nifty and BankNifty indices. Investors and traders must be prepared for potential swings, meaning it’s crucial to stay informed and make well-timed decisions.

We kick off with a technical analysis of the Nifty and BankNifty, pinpointing key levels to watch while we discuss potential upsides and downside risks in the market. Understanding these critical support and resistance levels can help investors make strategic entry and exit decisions. Whether you’re a seasoned trader or a novice investor, these insights are invaluable for navigating market volatility. In addition to index analysis, we highlight several stocks that currently show strong technical patterns.

Our sector analysis identifies which sectors are poised to perform well and which ones might face headwinds, offering a well-rounded view of the market landscape.

Watch our detailed video embedded below to get all these insights and more. Stay updated, stay informed, and make smart investment choices!

Key Takeaways:

Nifty & Bank Nifty Levels: Crucial support and resistance points.Top Stock Picks: Stocks worth buying at current levels with detailed analysis.Sector Analysis: Impact of crude prices and sector-specific opportunities.

Join the conversation by commenting on your market outlook and favorite stocks. Don’t forget to like, subscribe, and click the bell icon to get notified of our future updates. Let’s conquer the markets together!

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

www.EquityResearch.asia | www.ChartWizard.ae

Keep Reading
By
Business

Why it seems like everyone you know is going on a cruise

­­­Lots of people will be getting their sea legs this summer.

Ports have been packed with cruise ships over the last few years, as vacationers flock to ever larger vessels and operators race to accommodate a surge in post-pandemic bookings — many of them from first-time passengers. The industry expects even more this year.

Benjamin Xiang, a San Francisco-based flight attendant, went on his first cruise last August, setting aside his reservations about “cruise people” and a type of trip he’d imagined would be “not my travel style.”

Benjamin Xiang took a Virgin Voyages cruise last year on a ship with an infinity mirror room.Benji Xiang

Taking advantage of a Virgin Voyages promotion that let him use credit card points to cover the $2,500 bill, Xiang booked a weeklong, all-inclusive, adults-only cruise from Barcelona, with stops at Mallorca, Ibiza and along the French Riviera.“I invited my best friend, we prepaid a $600 bar tab, and we were like, ‘We’ll just hang by the pool, read a book or something,’” said Xiang, 35. “Turned out we partied every single night and had a blast.”

He’s among the many cruise newbies who’ve helped power the industry’s recent growth. Some 27% of cruise passengers over the past two years have been first-timers, up 12% from the prior two-year period, according to the Cruise Lines International Association (CLIA), a trade group.

Turned out we partied every single night and had a blast.

Benjamin Xiang, 35, San Francisco

“Will I go back? I think yes,” Xiang said. “Will I pay this time? Yes.”That’s exactly what cruise operators are hoping for, and so far they’re getting it: 82% of all cruisers say they’ll book again, CLIA’s latest report found.

After welcoming 31.7 million passengers last year, 7% more than in 2019, the industry expects volumes to swell to 34.7 million by the end of 2024. Experts say a combination of newcomers, repeat bookers and younger travelers are powering the uptick.

Like Xiang, many first-time cruisers are groups of friends traveling together, said Jennifer Klaussen, who owns Sundari Travel in Malibu, California.

“Once they get on a cruise and realize it’s not what they thought it would be, they’re usually interested in future cruises and diverse destinations,” she said, adding that newer operators have managed to “reduce the stigma associated with cruising — that it’s only for the elderly.”

This post appeared first on NBC NEWS
Keep Reading
By
Business

Shaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market

In George Miller’s new Mad Max film “Furiosa,” a red paint flare explodes and casts the theater screen in a saturated crimson cloud.

Feet away, among the rows of gyroscopic 4DX chairs, plumes of fog roll in, catching the red hue from the screen as if the flare somehow transcended the fourth wall and infiltrated the cinema. The fog parts, Chris Hemsworth as Dementus comes into focus and grins at the audience.

This is the 4DX viewing experience. It’s one of many multi-sensory moments programmed for “Furiosa: A Mad Max Saga,” which opened in theaters Friday, in order to immerse audiences in Miller’s latest visit to the vast Wasteland. And it amounts to a key value proposition at a time when cinemas are desperate to lure back moviegoers, particularly those in the younger demographics.

“We make movies different,” said Duncan Macdonald, head of worldwide marketing and theatre development for CJ 4DPlex Americas. “We are so different out there, with our motion capabilities and our environmental effects.”

In the wake of the pandemic, audiences grew used to shorter theatrical windows and having access to more content at home. At the same time, pandemic-related shutdowns and production stalls from two Hollywood strikes greatly limited the amount of content hitting theaters. As a result, consumers fell out of the habit of going to cinemas.

Moviegoers who have returned are seeking premium experiences — higher-quality picture and sound — and are willing to pay more for those tickets. 4DX is one option in the premium large format market alongside the likes of IMAX and Dolby Cinema. CJ 4DPlex also owns the ScreenX format.

“Premium movie theatre experiences are key to the health of the industry and with fewer films in the marketplace on average than in past years, the importance and essential nature of a company like 4DX comes into sharp focus,” said Paul Dergarabedian, senior media analyst at Comscore.

4DX utilizes motion seats, practical effects and sensory elements to immerse viewers in a movie. For Warner Bros.′ “Wonka,” the company piped in the smell of chocolate during screenings.

CJ 4DPlex Americas CEO Don Savant says the experience is “complementary” to routine moviegoing experiences, noting that 4DX cinemas attract younger consumers, predominantly in the 10-to-30 age range, who are seeking more experiential viewing.

For consumers, the 4DX experience costs an average of $8 more than traditional ticket prices, meaning a ticket can range from $20 to $30 each. But the extra cost doesn’t seem to be detering audiences.

Last year, 4DX’s domestic locations tallied $53.4 million in ticket sales.

“Notably, the higher price for premium movie tickets is not a barrier to their success but rather seen as representing a solid value proposition for fans in pursuit of the best possible big screen experience,” Dergarabedian said. “This is good news for theater owners who, facing fewer wide release films in the marketplace, can boost revenues on a per-ticket basis while giving their patrons a great experience that will have them returning to the multiplex more often.” 

And, for major blockbuster titles, 4DX is proving to be even more popular. Ticket sales for Disney’s “Avatar: The Way of Water” topped $83.6 million from 4DX screens, or about 3.6% of the film’s total box office haul. It is currently the highest-grossing film for the screen format, Savant said.

“We want to give customers an easy excuse to leave their homes and visit a local Regal theater,” said CEO Eduardo Acuna of Regal Cinemas. “Premium formats like 4DX offer a movie-watching experience that cannot be replicated by any home theater setup. Each premium format serves a different purpose for storytelling, and each increases the enjoyment of watching a movie in a different and immersive way.”

Acuna noted that 4DX auditoriums are “a strong box office performer” for Regal.

Regal is the largest operator of 4DX screens domestically, with 50 of the 62 locations found in the U.S. and Canada. Globally, there are nearly 750 4DX screens with numerous theatrical partners. The highest volume is in Asia and Europe.

Savant said 4DX is adding around 25 to 30 screens per year worldwide, but is looking to push that figure up to 50 to 60 screens a year. The company is seeking to have around 1,200 4DX locations in the next five years. On average, each theater has around 140 seats.

Moviegoers who venture away from their couches and into a 4DX theater to see Warner Bros.′ “Furiosa” will feel from their seat the rev of motorcycles racing through the desert, smell gunpowder in the air during epic gun battles and even get hit with a soft spray of water as it’s flicked in the face of a character on the screen.

Last year, 4DX programmed more than 100 films for the souped-up viewing experience. Around 40 to 45 of those were major Hollywood titles, Savant said. Others included concert content, musical singalongs, anniversary titles and local language films.

Typically, the 4DX programmers, who are based in Seoul, have two to three weeks to craft the motion and special effects, although Savant said they can turn around a film in a week if the need arises. 4DX can program three titles at a time.

Both Macdonald and Savant referred to 4DX’s programmers as “artists,” describing the process — from the subwoofers in the seats to the fog machines — as different brushstrokes in a work of art.

“Every film is different,” said Macdonald. “So we look at the nuances of the different films that we have and how those are programmed.”

In some cases filmmakers will get involved, offering suggestions for when certain effects should be used and how subtle or bombastic they should feel or look.

“It’s the most dynamic way to see [a film],” Savant said.

This post appeared first on NBC NEWS
Keep Reading
By
Sports

Adam Copeland suffered tibia fracture at AEW Double or Nothing

After pulling off a daring jump off the top of the barbed wire steel cage at AEW Double or Nothing, Adam Copeland is headed back on the injury shelf.

During the barbed wire steel cage match against Malakai Black on Sunday, the decorated wrestling icon climbed up the cage and jumped 15 feet off it to send Black through a table. However, the landing for Copeland was awkward. He tried to do a flying elbow drop on Black, but as he did it, he landed straight on his feet.

Copeland finished the match but appeared hobbled by the time he left the ring. On Tuesday, he gave an update on social media of his status.

‘I’ve been feeling really good lately. I’ve been having so much fun in the ring, and I got cocky, I guess is what it really boils down to,’ he said. ‘My brain forgets what my body always seems to remember a little late: is that I’m 50 and I need to make better choices. So my body pulled the emergency brake on me the other night and I ended up fracturing my tibia, which is gonna require surgery.’

Copeland said he doesn’t know the timeline for recovery but he expects to get an idea next week. It is unclear what it means for his TNT Championship.

‘I will see you soon-ish,’ Copeland said.

The 50-year-old is no stranger to dealing with injuries. Aside from damage through his body, he dealt with several neck injuries during his WWE career, and they piled up so much that he was forced to retire in 2011 after he developed spinal stenosis, the narrowing of the spinal cord. It wasn’t until 2020 that Edge would return to the squared circle at WWE’s Royal Rumble, and months later, he suffered a torn triceps.

This post appeared first on USA TODAY
Keep Reading
By
Sports

Two Bengals stars absent from start of voluntary workouts

Cincinnati Bengals wide receivers Ja’Marr Chase and Tee Higgins were among four players not in attendance as the team completed its first voluntary organized team activity on Tuesday.

Newly signed right tackle Trent Brown and defensive tackle Sheldon Rankins also were not present for the workout.

Chase’s absence comes as a bit of a surprise as he reported for this part of the voluntary portion last year. Higgins’ absence is related to his contract dispute with the Bengals. The Bengals and Higgins were unable to come to an agreement on a long-term deal, and the team placed the franchise tag on him this offseason. Higgins has not yet signed the one-year franchise tag, so he’s not currently under contract.

Zac Taylor on Higgins, Chase

Head coach Zac Taylor was asked if he thinks Chase and Higgins’ absences will impact timing with Joe Burrow as the quarterback returns to the field following season-ending wrist surgery. Cincinnati’s sixth-year head coach doesn’t foresee it being an issue given the familiarity the two receivers have with the Bengals’ offense.

All things Bengals: Latest Cincinnati Bengals news, schedule, roster, stats, injury updates and more.

“No, I think that they’ll get to work in at the necessary time,” Taylor said.  “We have a high turnout for voluntary workouts. I told the guys I understand it’s voluntary. I appreciate them showing up. The guys that don’t are still working hard elsewhere and they’ll be back at the right times. And the beauty is we know those guys, we know what they’re about and that they’ll be ready and focused when it’s time to come back.’

New Bengals also absent

Rankins and Brown’s absences are different in that both players are new to Cincinnati’s offensive and defensive schemes. They could benefit from being around the team during the voluntary offseason period for several reasons. Taylor remains confident in Brown and Rankins’ approaches due to the fact both players are established veterans.

The Bengals signed Rankins to a two-year contract during free agency this March. He’s expected to play a significant role in defensive coordinator Lou Anarumo’s scheme as an interior pass rusher. Brown was part of Cincinnati’s second wave of free-agent signings and is expected to start at right tackle after signing a one-year deal.

“There will be plenty of time where they’re here when they get the chance to make sure that they’re familiar with it,” Taylor said of Brown and Rankins’ absences. “They have the information, so I know that they’re staying on top of it. And when they get here and are able to get those reps, I know that those two guys are vets and they’ll be in a real good spot.”Rankins and Brown will be expected to attend the Bengals’ mandatory minicamp in mid-June, as will Chase. Higgins technically doesn’t have to report for the three-day camp because he has yet to sign his tag and is technically not under contract with the Bengals until he does so.

This post appeared first on USA TODAY
Keep Reading
By
Sports

Kalen DeBoer showed Alabama fans he isn’t Nick Saban and that’s a good thing

MIRAMAR BEACH, Fla. – Kalen DeBoer spared us a lecture. Instead, he offered a philosophy.

Control what you can control. Don’t overreact. Adapt as necessary.

A hot topic at SEC spring meetings this week is the possibility of football roster-size reductions in the aftermath of the House court case settlement. The upshot: It’s still undetermined, but rosters might shrink, and the number of walk-ons teams are allowed might reduce.

Reporters on Tuesday repeatedly asked the Alabama football coach about this potential change.

I can picture a different coach working himself into a frenzy, lecturing us about how roster reductions would be a terrible change and rhetorically asking: Is this what we want college football to be?

That’s not DeBoer, though. He consistently presents as a guy whose heart rate never climbs above about 60 beats per minute.

While DeBoer answered one of several questions about roster sizes, he delivered an answer that should inspire belief from Alabama fans.

“You can ask me any question, and I’m going always going to (say), ‘There’s always a way to get it done,’ ” DeBoer said.

Smaller rosters would affect practices more than games. If rosters shrink, DeBoer said, he’ll re-evaluate how he conducts practice and study how NFL teams practice with smaller rosters.

Overall, he came off pretty nonchalant by this potential change.

“I’ve always been one to adjust to the times,” DeBoer said.

LOOKING AHEAD: Our too-early college football Top 25 after spring practice

RE-RANK: After spring practice, every college football teams ranked from 1-134

That’s not just a money quote. That’s a winning philosophy.

The best coaches stay on top not because they make time stand still, but because they adapt better than their peers.

That’s why Nick Saban so often talked about dinosaurs.

“Dinosaurs couldn’t adapt, and they’re not around anymore,” Saban would say.

There’s plenty about Saban that DeBoer won’t emulate – for instance, note DeBoer’s lack of a lecture Tuesday. I can’t image Saban sparing the opportunity to pontificate on roster sizes.

But, for so many years, Saban became the industry standard for how to evolve – even when that evolution came in response to a change he didn’t welcome. That shifted in the final years of Saban’s career, when Alabama didn’t adapt to the NIL era as well or as quickly as some others.

Mostly, though, Saban was a maestro at bending with the winds of change. If DeBoer emulates this particular Saban quality, all the better for Alabama.

More than a decade ago, Saban criticized up-tempo offenses. He claimed they caused safety concerns. They also caused problems for Alabama’s defense.

Saban couldn’t shove that particular genie back in the bottle. So, he rolled with it, if perhaps begrudgingly. He hired Lane Kiffin to modernize Alabama’s offense.

Saban won three more national championships after Alabama’s offensive redirect. Saban’s final national championship, Alabama’s 2020 team, fielded one of the best offenses in college football history.

That wonky 2020 season became Saban’s finest hour. He and his team adapted to the challenges of playing a season amid a pandemic better than anyone.

DeBoer pointed to that pandemic season as an example of how he, too, can adapt.

More than the pandemic season, though, I’m impressed by DeBoer’s ability to win at multiple levels, in different conferences throughout the country, with various roster challenges.

He’s never coached in the SEC. If I didn’t think he could adapt, that might be a concern, but DeBoer has proven he’s a malleable fella. From job to job, region to region, he amassed a 104-12 career record.

Sounds like a guy who knows how to evolve. That’ll remain a handy skill at Alabama, where he’ll face new opposing coaches, with new personnel and new pressures.

Meanwhile, DeBoer’s plugging away at 60 beats per minute, just as he did at Sioux Falls, Fresno State and Washington.

“I’ve had to adjust to different parts of the country, different styles of play. In the end, you just try to make it about the main thing,” DeBoer said, “and you focus on the kids. You focus on the X’s and O’s. You focus on your staff. You put together the best plan to help your guys be successful.

“I’m one that never overreacts to anything.”

Those aren’t the words of a dinosaur. That’s the philosophy of another Alabama coach whose adaptability will be an asset. Just don’t expect as many lectures from the podium.

Blake Toppmeyer is the USA TODAY Network’s SEC Columnist. Email him at BToppmeyer@gannett.com and follow him on Twitter @btoppmeyer.

This post appeared first on USA TODAY
Keep Reading
By
Sports

Messi is back for Inter Miami. Here’s where he stands for Atlanta game

FORT LAUDERDALE, Fla. — Inter Miami star Lionel Messi will return to action Wednesday night against Atlanta United, coach Tara Martino said Tuesday. 

Messi’s longtime friends and teammates Luis Suárez and Sergio Busquets will also play. The trio will be in the lineup again after staying home in South Florida and not playing in Inter Miami’s 2-1 win at Vancouver last Saturday. 

Inter Miami has two matches this week, the second is Saturday at home vs. St. Louis City SC, before Messi will join the Argentine national team for Copa América next month. 

Argentina will reportedly train at Inter Miami, so Messi won’t have to go far to reunite with the reigning 2021 Copa América and 2022 World Cup champions. But Messi’s status for Saturday’s match could be up in the air. 

“The idea is to have both games, but first we have to play tomorrow’s game to think about our health,” Martino said. 

“We are clear that Leo plays the game on Saturday, and then he plays with the national team. The good thing about all this is that the Argentine national team decided to base itself here in the USA, especially in Miami, the matches are [in the country] and he doesn’t have to travel so much, so that’s good for him, too.”

How to watch Inter Miami vs. Atlanta live stream 

Inter Miami and Atlanta begin play at 7:30 p.m. on Wednesday at Chase Stadium. The game is available via MLS Season Pass on Apple TV. 

TICKETS: Experience Messi and Inter Miami in person when they host Atlanta United FC

SHOP: Get the latest Messi and Inter Miami team gear from the MLS Store

Messi spends weekend at Inter Miami training, watching his son play 

While Inter Miami received goals from Robert Taylor and Leo Campana to win 2-1 at Vancouver, Messi and Suárez spent the weekend training at Inter Miami and watching their sons play in Inter Miami’s Youth International Cup on the stadium grounds. 

Messi was often seen sitting under shade with Suárez, while many children playing in the tournament vied for his attention as he either walked or rode on a golf cart around Inter Miami’s campus.  

“Well, maybe it is a part that allows him in Miami, in the United States, to be able to transform himself for a few moments into a normal person. And it also shows his commitment to his sons’ club, his commitment to the club, to be the host of this tournament,” Martino said of Messi. “The truth is that in some way these are things that make him very happy because, as I said before, they make him closer to a normal person.” 

What is Messi’s upcoming schedule with Argentina? 

Messi will begin training with Argentina next week, and play in two warm-up matches before Copa America begins on June 9 and 14. Messi and Argentina begin Copa America play on June 20 in Atlanta. 

Argentina’s Copa América warmup matches

∎June 9: Argentina vs. Ecuador, Soldier Field in Chicago, 5:30 p.m. ET

∎June 14: Argentina vs. Guatemala, FedEx Field in Landover, Maryland, 7:30 p.m. ET

Argentina’s Copa América group play schedule

Argentina is in Group A with Canada, Chile and Peru.

∎June 20: Argentina vs. Canada, Mercedes-Benz Stadium in Atlanta, 8 p.m. ET

∎June 25: Argentina vs. Chile, MetLife Stadium in East Rutherford, New Jersey, 9 p.m. ET

∎June 29: Argentina vs. Peru, Hard Rock Stadium in Miami Gardens, Florida, 8 p.m. ET

Where will Messi, Argentina play if they advance Copa América group stage?  

∎July 4 or 5: If Argentina advances out of the group stage, it will play a quarterfinal matchup in Houston or Arlington, Texas.

∎July 9: If Argentina advances to the Copa América semifinal, it would play at MetLife Stadium again.

∎July 13: The Copa América third-place game will be held at Bank of America Stadium in Charlotte.

∎July 14: The Copa América final will be held at Hard Rock Stadium.

This post appeared first on USA TODAY
Keep Reading
By