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Concert Under the Stars cancelled due to COVID-19; Greenhouse Project to ramp up food grow effort

To our Community: The Greenhouse Project board in conjunction with John Procaccini and Chili Bop Productions, has concluded that in light of the current COVID-19 situation, this year’s Concert Under the Stars is cancelled.

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Sunderland commentator Nick Barnes reaches 1,000th match

BBC Newcastle's Nick Barnes will reach a milestone when he commentates on his 1,000th football game.

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Analysts Say US Dollar's Drop on Fitch Downgrade Unlikely to Persist

(Bloomberg) -- Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although the downgrade may spur some short-term volatility, according to analysts.Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsPoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election ProbeMissing Goldman Sachs Analyst Confirmed D

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Dollar's drop on Fitch downgrade unlikely to persist: Analysts

Fitch cut the US one level from AAA to AA+, echoing a move made more than a decade ago by S&P Global Ratings.

New-zealand , Wellington , New-zealand-general- , Sydney , New-south-wales , Australia , London , City-of , United-kingdom , Singapore , David-croy , Viraj-patel

Fitch Slashes US Credit Rating: 5 Top Economists Weigh In On Economic Fallout - ProShares Trust VIX Short-Term Futures ETF (BATS:VIXY)

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Fitch Slashes US Credit Rating: 5 Top Economists Weigh In On Economic Fallout

In a move that sent shockwaves through global markets, Fitch Ratings downgraded the United States’ sovereign credit grade from AAA to AA+. T...

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Court sanctions commissioner for deletion of texts in Red Rock dispute – The Nevada Independent

Court sanctions commissioner for deletion of texts in Red Rock dispute – The Nevada Independent
thenevadaindependent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenevadaindependent.com Daily Mail and Mail on Sunday newspapers.

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Cortez Masto visits UNR to discuss abortion access

Nevada Democratic Sen. Catherine Cortez Masto spoke about abortion access with a small group at the University of Nevada, Reno on Oct. 14, 2022.

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Bailey sends shivers through fragile global bond markets

The chaos has been damaging for British companies who need to borrow money

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Treasuries Fall on Inflation Concerns, Stocks Drop: Markets Wrap

(Bloomberg) -- Stocks fell, pressured by rising Treasury yields and signs that company earnings were set to disappoint. A gauge of the dollar climbed to the highest this month. European shares declined for a fifth straight session as bond yields jumped amid concerns of persistently high inflation as well as the impact of hawkish central bank policies on global growth. The Stoxx Europe 600 Index dropped 0.6%, with futures on the S&P 500 down by about the same magnitude, pointing to another risk-off day on Wall Street. The mood is fragile ahead of Thursday’s US inflation data, with the case for another 75 basis-point rate hike likely to be strong if the reading comes in higher than than forecast. Fed officials until now show little sign they are in a mood to pause the rate-hiking cycle despite the potential hit to economic growth. “There is evidence inflation is stabilizing but the question is whether inflation has peaked or is just pausing before another leg higher,” said Michael Hewson, chief analyst at CMC Markets in London. “Rates markets are reflecting that uncertainty.” In bond markets, yields on two-year Treasuries rose to the highest since 2007 while the 30-year yield surged to the highest since 2014. With world growth under pressure, oil prices slipped around 1%, giving up more of last week’s 17% rally. Big US banks kick off the third-quarter earnings season in earnest later this week as strategists brace for weak profits against a drumbeat of warnings over the rising risk of a global recession. Britain has also become a point of concern, as the Bank of England was forced to expand its emergency measures to tackle what it called “fire-sale dynamics.” Ten-year UK government yields which had risen more than 50 basis points since Oct. 4, dropped as much as 4 basis points to 4.43%. Meanwhile, Russian President Vladimir Putin threatened further missile attacks on Ukraine after hitting Kyiv and other cities in the most intense barrage of strikes since the first days of its invasion. “It’s little wonder investors enter the week in a dreary mood, especially with headlines from Ukraine signaling a further escalation in geopolitical tensions,” Christopher Smart, chief global strategist at Barings, said in a note. Key events this week: Earnings this week include: JPMorgan Chase & Co., Citigroup Inc., Morgan Stanley, BlackRock Inc., Delta Air Lines Inc., UnitedHealth Group Inc., U.S. Bancorp, Wells Fargo & Co. IMF’s World Economic Outlook and Global Financial Stability Report, Tuesday Fed’s Loretta Mester speaks, Tuesday BOE’s Andrew Bailey speaks, Tuesday FOMC minutes for September meeting, Wednesday US PPI, mortgage applications, Wednesday OPEC Monthly Oil Market Report, Wednesday Fed’s Michelle Bowman and Neel Kashkari speak ECB’s Christine Lagarde speaks US CPI, initial jobless claims, Thursday G-20 finance ministers and central bankers meet, Thursday China CPI, PPI, trade, Friday US retail sales, business inventories, University of Michigan consumer sentiment, Friday BOE emergency bond buying is set to end, Friday Some of the main moves in markets: Stocks The Stoxx Europe 600 fell 0.6% as of 9:19 a.m. London time Futures on the S&P 500 fell 0.6% Futures on the Nasdaq 100 fell 0.5% Futures on the Dow Jones Industrial Average fell 0.6% The MSCI Asia Pacific Index fell 2% The MSCI Emerging Markets Index fell 1.9% Currencies The Bloomberg Dollar Spot Index rose 0.1% The euro rose 0.1% to $0.9712 The Japanese yen rose 0.1% to 145.56 per dollar The offshore yuan fell 0.4% to 7.1824 per dollar The British pound fell 0.2% to $1.1035 Cryptocurrencies Bitcoin fell 0.6% to $19,121.44 Ether fell 1.6% to $1,286.91 Bonds The yield on 10-year Treasuries advanced six basis points to 3.94% Germany’s 10-year yield declined five basis points to 2.29% Britain’s 10-year yield declined eight basis points to 4.39% Commodities Brent crude fell 1.3% to $94.93 a barrel Spot gold was little changed ©2022 Bloomberg L.P.

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