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The Auschwitz Museum slammed Marjorie Taylor Greene after she likened vaccination logos to Jewish people wearing gold stars during the Holocaust

"Vaccinated employees get a vaccination logo just like the Nazi's forced Jewish people to wear a gol.....»»

Category: worldSource: nytMay 25th, 2021

49 of our favorite gifts for new moms, from keepsakes to postpartum recovery kits

New moms will feel appreciated with these gifts. Here are 49 gifts for new moms, including baby books, a neck massager, and newborn soothers. When you buy through our links, Insider may earn an affiliate commission. Learn more. Happiest Baby We rounded up 49 gifts for new moms, from humorous parenting books to handy tech gadgets. These gifts are great for relaxing, saving time, and marking milestones. Check out all of Insider Reviews' gift guides. Becoming a mother is a life-changing experience. New moms are suddenly responsible for another human being, and there are quite a few things that can make that job easier. In a very uncertain time, new moms will appreciate gifts that are both practical and luxurious - things that can save them money and time. They also appreciate items that bestow a few precious moments for self-care.Some of these gifts are specifically related to the baby, while others are simply geared toward a mother who is ready for some "me time." New moms are among the busiest people in our lives, and they undoubtedly deserve a meaningful gift. Here are 49 of the best gifts for new moms: A T-shirt that makes a statement Greatwood Boutique/Etsy Gift a Greatwood Boutique Tough as a Mother Shirt, $11.90It goes without saying that moms are tough. Remind her just how tough and resilient she is with this super soft T-shirt. It's available in 13 different colors and sizes XS to 3XL. A letterboard for memorable milestone pictures Target Gift the Pearhead 10-by-10-inch Letterboard Set, $12.99Letterboards help parents say it all with a picture; they're often used for baby's birth announcement picture and to get a snapshot of milestones. This one is just the right size to prop next to baby for a picture. Basic birth recovery supplies Frida Gift the Friday Mom Postpartum Recovery Essentials Kit, $49.99After having a baby, things are a bit messy to say the least. Help mom recover with this kit that includes disposable postpartum underwear, instant ice maxi pads, perineal cooling pad liners, and perineal healing foam all stored in a convenient toilet-top storage caddy.  Something to help them stay caffeinated Amazon Gift the Takeya Patented Deluxe Cold Brew Coffee Maker, $24.99New moms need all the coffee. If cold brew is their thing, gift this cold brew coffee maker. It makes four servings of coffee. If mom preps it the night before, fresh coffee will be ready at the crack of dawn — right about when the baby wakes up.  A treat just for mom Milk Bar Gift a Milk Bar Fall Assorted Truffle Box, $44Doesn't a mom deserve some time to sit down and indulge a bit? They'll certainly be able to with this assorted truffle box from Milk Bar. It includes three different flavors of cake truffles: Birthday, Chocolate Birthday, and Apple Cider Doughnut Cake. A pick-me-up for her eyes Peach & Lily Gift the Cold Brew Eye Recovery Stick for $28With one swipe of this stick, mom's eyes will feel more awake and less puffy. They probably won't have time to put on a full face of makeup, but this will help them feel a little more put together after a night of broken sleep. A smart bassinet Happiest Baby Gift a Happiest Baby Gift Card, from $25This smart bassinet helps new moms and babies get sleep by combining gentle rocking with soothing white noise. The smart technology responds to baby by increasing motion and shushing when it detects fussiness. It also keeps babies in a secure swaddle so they stay safely on their back. The best socks they've never tried Bombas Gift a Bombas Gift Bag or Box, from $69You might be thinking: Really, socks? But having a nice pair can make a world of difference. Bombas spent two years perfecting its gym socks. With thoughtful innovations, like a blister tab and performance cushioned footbeds, their feet will notice the difference. Bombas also donates a pair to a homeless shelter for every pair purchased.  A minimalistic diaper bag Kibou Gift a Kibou Bag for $79Moms need their hands free to do all the holding, rocking, wiping, and feeding that comes along with new babies. This small diaper fanny pack is made of high-quality vegan leather and has room for wipes, diapers, credit cards, keys, mom's phone, and more. It even comes with a built-in changing pad. A floral arrangement to brighten their day The Bouqs Co. Gift a The Bouqs Co. floral arrangement, starting at $31These fresh flower arrangements come from farms that minimize waste and recycle water. Choose from classic bouquets like roses or sunflowers or opt for a more unique option that she can plant. The floral arrangement will be a bright spot in her day. Something to help them sleep Amazon Gift a Coop Home Goods Pillow, $60.99I know what you're thinking: Is it really worth $60 for a pillow? The answer is yes. This memory foam pillow is adjustable so it's comfortable for every type of sleeper. New moms need all the help they can get when it comes to sleeping. A virtual baby book Qeepsake Gift a Qeepsake Membership, from $47.88Qeepsake texts parents or caregivers questions to answer about their child. Parents simply text their answer back with accompanying photos if they desire and Qeepsake saves the responses. Then, users can order a book that displays all the questions, answers, and memories. Their favorite quote, framed Minted Gift a Minted Custom Quote, from $38Maybe a new mom has a favorite quote that reminds them of their baby or they're just a lover of words. This gift will be a beautiful keepsake for them to always remember the newborn phase.  A sentimental gift for a lasting memory MainEventUSA/Etsy/Insider Gift a Baby Hand and Footprint Kit, $25.95This gift freezes the littleness of their new baby in time. Nothing shows how fast a baby grows quite like comparing their growing hands and feet to how small they once were. This kit allows new moms to do the prints at home and add two pictures. A treat to satisfy their sweet tooth while supporting milk production Amazon Gift the Munchkin Milkmakers Lactation Cookie Bites, $21.75These delicious cookies come in prepackaged bags so they can easily grab a snack while nursing. Although more studies examining the benefits of lactation cookies need to be conducted, this convenient treat certainly won't hurt. A nightlight that will help their baby - and in turn, them - sleep well Amazon Gift the Hatch Baby Rest Sound Machine, Night Light and Time-to-Rise, $59.99Rest is a nightlight, sound machine, and wake-up alert that grows with children — from soft light and white noise for midnight newborn feeding sessions to a preschooler's nightlight. Parents can customize everything — color, brightness, sound, and volume level — or they can choose from presets recommended by sleep experts.  A neck and back massager they can use any time Amazon Gift a Zyllion Shiatsu Back and Neck Massager, $44.95New moms spend a lot of time hunched over: picking up baby, putting down baby, carrying baby, and feeding baby. This massager has heated nodes that rotate, and moms can move it around to any spot they're feeling tension. A memorable piece of jewelry Marky Baby Milk Jewelry/Etsy Gift the Marky Baby Milk Jewelry DIY Kit, starting at $33.04Moms who choose to breastfeed often face an emotional journey. The piece of jewelry from this DIY kit is made with their own breast milk so they can remember this special time long after their baby has grown up. A personalized beauty subscription Birchbox Gift a Birchbox subscription, from $45 for three monthsNew moms will inevitably be dealing with spilled milk, spit-up, and lots of dirty diapers. Make them feel pampered with a personalized beauty subscription. They'll be able to create her own Beauty Profile, making each box just right for them. A personalized T-shirt Known Supply/Instagram Gift a personalized Fitted Crew at Known Supply, $32 + $10 monogramLet's be honest — they're probably going to be spending a lot of time at home in the first year. What could be better than a cozy, comfortable tee made of Pima cotton? Bonus points if you choose a color that will hide a spit-up stain. Merino-wool sneakers Allbirds Gift Allbirds Wool Runners, $98When you're on your feet all day, a pair of good shoes makes all the difference. Allbirds wool runners won't fail them — they're soft, comfortable, and machine washable. You can't go wrong with the originals, but the new Tree line is similarly light and comfortable.  A variety of Korean sheet masks for an at-home spa day Facetory/Business Insider Gift the Facetory 7 Lux 1-Month Gift Subscription, $19.90They could try a different Korean sheet mask every day of the week if they wanted to. The unique sheets made with innovative ingredients are hard to find anywhere else — Facetory curates only the most interesting and effective in the K-beauty world.  Adorable leather baby moccasins Freshly Picked/Instagram Gift Freshly Picked baby moccasins, from $30These 100% genuine cowhide leather moccasins have a soft sole to help children who are starting to walk. They're easy to put on, will actually stay on your kid's feet, and come in many stylish prints and colors.  An Audible gift subscription Audible/Business Insider Gift an Audible subscription, from $15Do you know what's really hard to do when you're holding a baby, a bottle, and trying to cook all at once? Read a book. What's easier? Listening to one on Audible. They can listen to audiobooks, podcasts, and more while multitasking at home or strolling through the neighborhood. A luxurious bathrobe Snowe Gift the Snowe Bathrobe, $100Deemed the best and most absorbent terry robe on the market, Snowe's bathrobe is super comfortable and fluffy. It's perfect for a mom looking for moments of relaxation during an otherwise hectic day.  A necklace that symbolizes unbreakable bond between mother and child AUrate Gift the AUrate 14-Karat Connection Necklace, $380This beautiful necklace, available in yellow, white, or rose gold, manages to be simultaneously elegant and bold. The company has ideals they'll support, too: Its ethical solid gold is sourced from conflict-free suppliers and it donates a book to a child in need with each purchase.  A 5-year journal Write to Me Gift The First Five Years Baby Journal, $46.95This linen-bound guided journal prompts parents to record milestones and memories to cherish for a lifetime. They'll be able to look back at all the firsts — first birthday, first haircut, first steps — and beam with pride. A funny book about the realities of motherhood Amazon/Business Insider Gift "The Sh!t No One Tells You: A Guide to Surviving Your Baby's First Year," $14.99Any mom knows that motherhood is not all rainbows and sunshine. This book dispenses practical and useful information in a humorous format that will have new parents laughing through the particularly hard days.   A selection of soft, high-quality baby clothing basics Primary Gift a Primary gift card, $25-$250Shopping for baby clothing is easy at Primary, which was founded by two moms. The adorable, colorful, and gender-neutral styles are classic and made from safe Oeko-Tex Standard 100 certified, soft fabrics. Primary offers sizes from newborn through age 12. A fitness app so they can work out with a trainer at home Kira Stokes/Business Insider Gift a subscription to Kira Stokes Fit, from $14.99/monthFlexibility is paramount for busy moms, and a good fitness app offers just that. The Kira Stokes Fit app has abs, legs, core, and full-body workouts available to stream anytime, on any device, so moms can sweat on their own time.  Crib sheets from an Internet-famous bedding startup Brooklinen Gift the Brooklinen Mini Crib Sheet Set, from $32Adults love Brooklinen sheets, and now babies can enjoy the soft and comfortable experience, too. If they don't yet have a set for themselves, include a gift that will help them sleep as well.  A versatile diaper bag Amazon Gift the Skip Hop Forma Backpack Diaper Bag, available at Buy Buy Baby and Amazon, from $74.99The lightweight, minimalist design of this diaper bag makes it a versatile option for new moms. The included cubes make it easy to organize diapers, wipes, bottles, and snacks. There's also a convenient changing pad within one of its pockets. Dinner on the table in under an hour HelloFresh/Instagram Gift a HelloFresh Gift Card, from $70Meal kits take the guesswork out of cooking. Food is delivered weekly, meaning fewer trips to the grocery store, and the kit includes easy step-by-step recipes to prepare dinner — a snap when they're basically too tired to function. A long-distance touch lamp Filimin Buy a set of two Filimin Long-Distance Touch Lamps, $85-$170A new mom's life is busy and tiring, so they might not always be available to talk and catch up. When you want to let them know you're thinking of them and vice versa without actually saying anything, just tap the lamp to make the other one light up.  Stress relief in a tiny jade package Walgreens/Business Insider Gift Revlon Cool & Depuff Jade Stone Facial Roller, $9.99This facial roller can be used on all skin types to help improve circulation and reduce the puffiness that comes with sleep deprivation. It may temporarily firm skin, too. Most of all, it just feels good, especially when kept cool in the fridge. A modern baby book Artifact Uprising Gift the Artifact Uprising Baby Book "The Story of You," from $99With a sturdy fabric-bound cover (available in seven color/foil pairings), this interactive photo journal is a beautiful way to focus on the everyday moments rather than major milestones. The book is 100 pages and holds 47 photos. Register it online and get a complimentary set of Everyday Prints.  Leggings that feel and look great 90 Degree by Reflex/Facebook Gift the 90 Degree By Reflex High-Waist Power Flex Tummy Control Leggings, from $18We love these leggings because they are versatile, supportive, and silhouette smoothing. They also have a little pocket to hold keys or a credit card if she needs to run out. Available in 13 colors, these leggings are available up to size XXL and run true to size. A moment of zen Chiji Gift a Home of Chiji Energy Candle, from $39.99This brand's motto is "illuminate positivity" and when baby has been crying for hours, a positive vibe is desperately needed. These candles are infused with crystals like amethyst and rose quartz to bring some calm to a chaotic house. A comfortable nursing bra Amazon/Business Insider Gift the Motherhood Maternity Women's Wrap Front Nursing Sleep Bra, from $12.76All a new mom wants is to be comfortable, since chances are they aren't for most of the day. This wrap-front bra is soft, wireless yet supportive, and perfect for wearing all day and all night. A smart home device Amazon Gift the Amazon Echo Dot (4th Gen), $49.99Hands-free music streaming, news and weather reports, thermostat controls, and alarms for naps or feeding, the Echo Dot does it all. They'll become a multitasking mom in no time with this smart home device. A soothing under eye treatment Sephora Gift Wander Beauty Baggage Claim Eye Masks, $25These gold foil eye masks provide a soothing treatment for tired eyes. They help with puffiness and dark circles. Best of all, they won't fall off like some sheet masks, so they can hold baby upright while pampering themselves. Bubble bath made from plant-based ingredients Walmart/Business Insider Gift the Hello Bello Bubble Bath, $5.98Hello Bello, the baby line from Kristen Bell and Dax Shepard, prides itself on making premium, plant-based products like body wash, baby lotion, wipes, and this bubble bath. The gentle, hypoallergenic formula is dermatologist-tested and safe on sensitive skin, so both mom and baby can enjoy a nourishing playful bath. A soothie to keep pacifier off the floor Amazon/Business Insider Gift the Philips Avent Soothie Snuggle Pacifier Holder with Detachable Pacifier, $14.99This adorable pacifier and holder be used beginning at birth. The pacifier and animal detach from each other, so it's easy and fast to clean both pieces. It comes in a variety of cute critters like an elephant, giraffe, monkey, and seal.  A women's multivitamin subscription Ritual Gift a 1-month supply of Ritual vitamins, $30New moms have a lot to juggle, and eating healthy, balanced meals may fall by the wayside some days. Help them get the nutrients to keep their energy up with these vegan multivitamins, which contain folate, vitamin D3, B12, iron, and magnesium, and are free of artificial colorants, synthetic fillers, and gluten. A reusable smart notebook Amazon Gift the Rocketbook Everlast Reusable Smart Notebook, $27.99New parents live and die by a schedule. This notebook is surprisingly handy — it will send their handwritten notes to the cloud and wipes clean with a damp cloth. It makes sharing with the entire family a breeze, and no more wasting paper. The gift of hydration Walmart Gift the SodaStream Fountain Kit, $49.88Staying hydrated is key, especially for nursing moms. Indulge their sparkling water obsession with this sleek gadget that turns regular water into bubbly bliss in seconds. You'll also be helping to save the planet by eliminating hundreds of single-use plastic bottles.   Stress relief in portable balm form Amazon Gift the Scentered Aromatherapy Balm Sticks Gift Set, $33Scentered's balm sticks come in five functions — Focus, Sleep Well, Love, Escape, and De-Stress — and help them relax wherever they are. Each non-greasy balm contains up to 25 essential oils and is formulated with a blend of moringa and moisturizing shea butter.  A book that helps new moms who have endless questions Amazon/Business Insider Gift "Cribsheet: A Data-Driven Guide to Better, More Relaxed Parenting, from Birth to Preschool," $14.29If they loved Emily Oster's pregnancy book "Expecting Better," they'll dive right into "Cribsheet." The "data-driven guide" helps new parents with sleep, potty training, and much more.  A pair of embroidered makeup towels Weezie Gift the Weezie Makeup Towels, $40We've personally discovered Weezie's makeup towels are unexpectedly useful, and so will they. Even if they aren't washing off makeup, the fluffy fabric will feel great at the end of a long day. You can even have them embroidered to say "Mama" or a phrase of your choosing. Read the original article on Business Insider.....»»

Category: worldSource: nyt22 hr. 31 min. ago

Florida"s new surgeon general says COVID-19 vaccines are "nothing special" and opposes mask mandates

Dr. Joseph Ladapo was appointed to surgeon general and secretary of Florida's health department on Tuesday by Gov. Ron DeSantis. Dado Ruvic/Reuters Florida Gov. Ron DeSantis appointed Dr. Joseph Ladapo to surgeon general and secretary of the state's health department on Tuesday. But Ladapo has come under fire for his criticism of COVID-19 vaccines and mask mandates. Ladapo also called COVID-19 vaccines "nothing special" in a recent press conference. See more stories on Insider's business page. Florida's new surgeon general called COVID-19 vaccines "nothing special" in a recent press conference.Dr. Joseph Ladapo was appointed to surgeon general and secretary of Florida's health department on Tuesday by Gov. Ron DeSantis."Vaccines are up to the person. There is nothing special about them compared to any other preventative measure," Ladapo said at a press conference on Tuesday, according to CBS News. "The state should be promoting good health, and vaccination isn't the only path to that. It's been treated almost like a religion and it's senseless."Ladapo came under fire for his views on COVID-19, having previously voiced criticism toward mask mandates and vaccines.In an op-ed in The Wall Street Journal, Ladapo said he believes mask wearing has "a modest effect on viral transmission," and on Wednesday he signed a new rule allowing students to continue to go to school if they're exposed to an asymptomatic case of COVID-19, WFLA reported.He has also promoted hydroxychloroquine as a treatment for COVID-19 infections.Health experts, however, have backed research that contradicts Ladapo's theories about COVID-19 protection measures.Recent data from the Centers of Disease Control and Prevention show people who are unvaccinated are 11 times more likely to die from COVID-19 than people who are vaccinated.Masks, meanwhile, have been shown to significantly reduce the spread of COVID-19, the CDC said, and the Food and Drug Administration has cautioned against using hydroxychloroquine to treat COVID-19 outside of a hospital setting.Ladapo did not immediately respond to Insider's request for comment. Florida has seen high numbers of COVID-19 cases in recent months, and in mid-August, reached a record high of 16,000 hospitalizations, according to data from the Florida Hospital Association.The state's health department said last week that as of September 16, 70% of people eligible were vaccinated against COVID-19.Read the original article on Business Insider.....»»

Category: worldSource: nyt22 hr. 31 min. ago

Virginia"s hospitals are filling up with COVID patients. Its rural, unvaccinated population may be the cause.

Virginia is split along rural-urban lines, leaving much of its populace unprotected despite the top-line stats, Prof Bryan Lewis told Insider. A socially distanced sermon in Fredericksburg, Virginia in April 2020. Caroline Brehman/CQ-Roll Call, Inc/Getty Images Virginia has one of the highest vaccination rates in the US. But it has seen a substantial rise in hospitalization in recent weeks. An expert told Insider that uneven distribution of vaccinated people gives the virus an opening. See more stories on Insider's business page. Virginia is the country's 12th most vaccinated state, with almost 60% fully vaccinated.Vaccination is known to greatly reduce the risk of hospitalization from COVID-19.Yet, in the latest wave of COVID-19, hospitalization rates in Virginia rose to about two thirds of the state's highest-ever levels, recalling a time when almost nobody was vaccinated.The pattern has not been mirrored in other states, where despite a general uptick in cases, the vaccines did a much more pronounced job of keeping people out of the hospital. New hospital admissions for patients with COVID-19. CDC Insider spoke to an expert to find out why.He said that the state's top-level stats masked the reality that large parts of Virginia's population - mainly those in rural areas - have avoided vaccination, and are now falling sick.Rural counties have lower vaccination ratesCOVID-19 hospitalization in Virginia rose about 1,000% compared to July, the Virginia Hospital & Healthcare Association (VHHA) said in a statement last week.But it is not the vaccinated who are driving the rise in severe disease, said Bryan Lewis, a professor at the University of Virginia who has been modeling the spread of COVID-19 for the state. Instead, Lewis told Insider that the rise in hospitalization can be explained by individual counties' wildly different vaccination rates.Uptake has been good in the most populated counties, like those in the North, East, and Southeast. Fairfax County, for instance, which overlaps with parts of Washington D.C., has fully vaccinated 73% of its population.But in the more rural areas of the state, like those in the southwest, vaccination rates have been lower. For example, Lee, the western-most county, has only vaccinated 38%. A map of vaccine uptake in Virginia. Virginia Cases have risen where vaccination is low. According to data from the state's department of health, fully vaccinated people in Virginia are eight times less likely to get COVID-19 than unvaccinated people.The rate of COVID-19 in Southwest Virginia is mid-September was two times higher than statewide, said Breanne Forbes Hubbard, Public Health Manager for the Mount Rogers Health District, according to WJHL local news station.Hospitalizations have followed, with rates in southwestern counties much higher than in the north.As of Tuesday, Washington County in the southwest had reported a cumulative 934 COVID-19 hospitalizations per 100,000 people, compared to Loudoun, in the north, which reported 284. A car drives past a church with a Covid-19 message near Martinsville, Virginia on after the last wave of the pandemic on March 12, 2021. Andrew Caballero-Reynolds/AFP/Getty Images People in rural areas might be meeting the virus for the first timeLike the rest of the US, Lewis said, those who haven't been vaccinated are not that confident in the vaccine. "There's a little bit of a political element. There's a little bit of personal freedom element. There's a lot of sort of disbelief in the safety and efficacy of the vaccine," he said.The vaccination divide follows the political lines, Lewis said, with the most conservative being more vaccine hesitant.The state may have elected Joe Biden in November 2020, but the state map is overwhelmingly red, per Politico. That's because more than half of the state's population live in 11 counties.The other 4 million are spread out over 122 counties, according to University of Virginia data from 2020. That people in those counties are far and few between might have played a part in the hesitancy: rural communities were mostly spared in the previous waves of COVID-19 in the state, so many would not have seen the effects of COVID-19 firsthand, Lewis said. This provided a false sense of safety in the rural areas. They were left unprotected as waves of people came into these areas in the summer, bringing with them the coronavirus. People wearing masks walk across the Lawn at the University of Virginia in Charlottesville, Virginia. Julia Rendleman for The Washington Post via Getty Images Hospitals under increased pressureFor now, the health system is coping with the surge in hospitalizations. More than 20% of the ICU beds in the state are open, per data from the Department of Health and Human Services.But the arrival of Afghan refugees to the state is compounding the pressure, the Virginia Hospital & Healthcare Association (VHHA) said in a statement last week. "Our hospitals are already almost at capacity," Kristin Nickerson, the executive director of the Northern Virginia Emergency Response System, told the Washington Post."It's not like they have tons of free beds available. We are still in the middle of a pandemic."Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 22nd, 2021

Some of the best hotels in Las Vegas aren"t on the Strip - here"s where to find a great stay starting at $30

Here's where to stay off the Strip in Las Vegas, including cheap and luxury hotels near Downtown, Fremont Street, Summerlin, Henderson, and Red Rocks. When you buy through our links, Insider may earn an affiliate commission. Learn more. Tripadvisor The Las Vegas Strip draws millions, but locals know that's not the real heart of the city. Downtown Las Vegas, Fremont Street, and suburbs are more authentic with cheaper casinos and hotels. Some of the best Las Vegas hotels are off-Strip, from retro motels to luxury amid the Red Rocks. Table of Contents: Masthead StickyThe Las Vegas Strip is the city's glitzy, showy draw, luring millions of tourists each year. But it's hardly the sole attraction.As a Las Vegas local, I want you to know there's much more to this wonderful city than just what you'll find along Las Vegas Boulevard. And while you can (and should) enjoy time on the Strip, going off-Strip will show you a part of the city you've never experienced, one that's neighborhood-centric, artsy, outdoorsy, and filled with character.As such, the next time you're looking for a Las Vegas hotel, consider an off-Strip hotel. From historic Fremont Street hotels that lean into a vintage Vegas aesthetic to luxurious desert escapes with spas and pools, these off-Strip hotels also boast lower prices and gaming minimums than their Las Vegas Boulevard counterparts. Browse all the best off-Strip Las Vegas hotels below, or jump directly to a specific area:The best off-Strip hotels in Las VegasFAQ: Las Vegas hotelsHow we selected the best off-Strip hotels in Las VegasMore of the best places to stay in Las VegasThese are the best off-Strip hotels in Las Vegas, sorted by price from low to high. El Cortez Hotel & Casino This property dating back to 1941 is the longest continuously-running casino in Las Vegas. Tripadvisor Book El Cortez Hotel & CasinoCategory: BudgetNeighborhood: Downtown Typical starting/peak price: $30/$125Best for: Groups of friends, solo travelers, couplesOn-site amenities: 24-restaurant known for its shrimp cocktail and prime rib, bars with live entertainment, spa, beauty salon, old-school barbershop, casino, sportsbookPros: This is a very budget-friendly option in the heart of the trendy Fremont East District that will be enticing to history buffs. The 1941 era property is the longest continuously-running casino in Las Vegas.Cons: This is an older property that is showing its age. You will either find it charming or hopelessly dated. There's also no pool.Listed on the National Register of Historic Places, the El Cortez and its pink neon cursive sign harken back to the early days of Las Vegas. The Spanish Colonial Revival style architecture stands out in a city increasingly defined by steel and glass.Step inside and find a dimly lit casino, a lobby bar with a live piano, and no-frills rooms. Amenities are limited. There's no pool and the retail space is just a small general store.Most people who appreciate the El Cortez do so because they either like the history or the low prices. For something more modern, book a room at the El Cortez Cabana Suites, the 64-room sister property across the street with tufted white headboards, green walls, marble bathrooms, and a fitness center.COVID-19 procedures are available here. Downtown Grand Hotel & Casino Vibrant, bright colors create a tropical look on the aptly named Citrus Pool Deck. Tripadvisor Book Downtown Grand Hotel & CasinoCategory: BudgetNeighborhood: DowntownTypical starting/peak price: $33/$217Best for: Couples, groups of friends, locals On-site amenities: Lively rooftop pool, bars, restaurants, live entertainment, meeting and event spacePros: The 3rd Street location gives easy access to stellar restaurants and the Mob Museum is just across the street. Also, the hotel's rooftop pool has dreamy views come sunset.Cons: The on-site Art Bar, which has paintings hanging from the ceiling, used to be an under-the-radar cocktail lounge, but in recent years, the resort has served continental breakfast there, which feels like a downgrade.Can't decide between the raucous Fremont Street Experience and the slightly more chill East Fremont District? Then try the Downtown Grand, which expertly straddles that line.The recently expanded property (the hotel's 495-room Gallery Tower opened in September 2020) still feels boutique despite the budget price tag. Rooms are simple but comfortable, with white walls, geometric accents, and floor-to-ceiling windows.The real highlight is the Citrus Grand Pool Deck, which was voted the best of Las Vegas' best Downtown hotel pool in 2020. When I first moved to Vegas, I whiled away many a desert afternoon at this rooftop oasis; I love the cocktail program and the city views. COVID-19 procedures are available here. Oasis at Gold Spike Known for its party scene, the pool at Gold Spike is a lively one. Booking.com Book Oasis at Gold SpikeCategory: BoutiqueNeighborhood: DowntownTypical starting/peak price: $35/$149Best for: Groups of friends, solo travelers, young professionalsOn-site amenities: Pool, bike rentals, restaurant, bar, coworking space, fitness center, backyard area with gamesPros: This hotel is vibrant and social. It's not just close to the party; this is the party. Plus, unique rooms include a solar-powered trailer and the penthouse where the 31st season of The Real World was filmed.Cons: This hotel can be very loud (especially on weekends) and rooms are small.Like a lot of things in Downtown Las Vegas, the Oasis at Gold Spike (formerly the Gold Spike Hotel & Casino) used to be a little bit seedy. Now, it's a millennial/Gen Z hangout with a vinyl soundtrack, a coworking space that turns into a house party at night, and 130 hotel rooms. Notably absent: a casino.Staying here is like staying at a deliberately cool hostel, minus the bunk beds. You'll have your own room, but it'll be small and basic, simply a place to crash after staying out all night. Then you'll wake up, grab a cocktail from the 24-hour bar, and hit the pool.The Oasis at Gold Spike is also steps from all of the bars and restaurants on Fremont Street, so there's much to explore within walking distance, although to be honest, on most nights, the best party is right here.COVID-19 procedures are available here. The Plaza Hotel & Casino An iconic mural keeps watch over the pool at this equally iconic hotel. Tripadvisor Book The Plaza Hotel & CasinoCategory: BudgetNeighborhood: DowntownTypical starting/peak price: $39/$145Best for: Groups of friends, couplesOn-site amenities: Rooftop pool with pickleball court, an outdoor equestrian center that hosts rodeos, bingo, bars, restaurants including a steakhouse that was seen in the movie "Casino"Pros: This budget-friendly hotel has a prime Fremont Street location with unique amenities (name another Downtown hotel that hosts the National Finals Rodeo; you can't) and great views.Cons: The Plaza opened in 1971 and despite a $35 million renovation in 2010, the property still shows signs of wear, particularly in guest hallways and rooms. Nearly every Las Vegas local (and many a visitor) has taken a photo beneath the twinkling gold lights at the entrance to The Plaza. This backdrop, like the hotel itself, is classic Las Vegas.The 995-room property excels by leaning into the 70's vintage vibe hard. From the banana-leaf wallpaper at the coffee shop to the retro Palm Springs-inspired rooftop pool lounge, The Plaza will feel like a Killers music video if you're a young traveler (Spoiler: It was actually in a Killers music video) and you will unironically enjoy the bingo, smoky casino, and showgirl-bespeckled carpet.In some places, The Plaza feels retro in all the right ways — the steakhouse overlooking Fremont Street, the colorful pool area — in other places, such as the 325-square-foot Deluxe rooms, it feels dated and spartan. Spring for a renovated room (especially one of the Pool Patio rooms which includes a private covered patio) or request one of the newer Luxe rooms, which come with voice-activated Amazon Echoes.COVID-19 procedures are available here. M Resort Spa & Casino The 100,000 square-foot pool complex has two infinity pools including a family-friendly pool and a separate day club pool that hosts parties. Tripadvisor Book M Resort Spa & CasinoCategory: Luxury Neighborhood: HendersonTypical starting/peak price: $78/$345Best for: Families, localsOn-site amenities: Pool with summer parties, spa, fitness center, restaurants including a steakhouse and artisan bakery, lounge with UFC viewing partiesPros: M Resort has a locally-loved pool and a location that is convenient for activities in the Henderson area. Rooms are quiet and have unique views.Cons: The surrounding area isn't much of a destination — think suburban sprawl.A staycation favorite among locals, M Resort has a 100,000 square-foot pool complex with two infinity pools. There's a family-friendly pool and a separate day club pool that hosts parties that allow guests to have the option of both a party environment and a more mellow one.Because the property is located south of the Strip in the Henderson area, rooms feature unique views. They're modern and luxe, outfitted with floor-to-ceiling windows, power blinds, and raw wooden decor. On-site restaurants are also a bright spot; find everything from a deli to a steakhouse, and a Raiders-themed bar and grill, which is a popular recent addition.The M Resort is not a place to stay if you want to be close to the action of the Strip and Downtown Las Vegas, but odds are if you're choosing this hotel, a respite from the mayhem is what you're seeking.COVID-19 procedures are available here. Golden Nugget Hotel & Casino The pool complex here is expansive, with restaurants, bars, and even a 200,000-gallon shark tank. Tripadvisor Book Golden Nugget Hotel & CasinoCategory: LuxuryNeighborhood: DowntownTypical starting/peak price: $79/$179Best for: Couples, familiesOn-site amenities: Expansive pool complex with a 200,000-gallon shark tank, wide selection of restaurants and bars, nightclub with patio overlooking Fremont Street, spa, salon, fitness center, retail shopsPros: Multiple fine dining options and comfortable rooms make this a great base, and it's also dog-friendly (not as common Downtown as it is on the Strip). Plus, the shark tank with a slide going through it in the pool area is a fun perk.Cons: Golden Nugget is not as budget-friendly as other Fremont Street hotels and the nightclub may not dazzle guests who are used to the Strip's more opulent ones.Before Circa, the Golden Nugget was the correct answer to, "where can I stay Downtown if I like the vibe of the Strip?" The property, which is in the center of the Fremont Street Experience, has marble floors, upscale restaurants, and a large casino.A large number of the rooms were recently renovated (the Carson Tower and Gold Tower rooms were renovated in 2018 and 2015 respectively) and feature neutral decor, comfortable mattresses, and lots of space. The Rush Tower rooms with California King beds and 439-square feet of space are an excellent value (expect to pay $109-$229 approximately). The pool complex is huge, and even has a shark tank with an adjacent water slide.COVID-19 procedures are available here. The Signature at MGM Grand Every room here is a suite with apartment-like features. Tripadvisor Book The Signature at MGM GrandCategory: Luxury Neighborhood: Near StripTypical starting/peak price: $99/$599Best for: Business travelers, couplesOn-site amenities: Pool, spa, fitness center, lounge, cafePros: All rooms are suites with balconies, which is a real rarity in Las Vegas. It's also slightly removed from the Strip while offering easy access to it.Cons: There are very limited on-site food and drink options unless you walk to the adjacent MGM Grand.If you want to be near the Strip without being directly on the Strip, the Signature at MGM Grand is one of the best options you'll find. This non-gaming property, which is less than a mile from the Strip, is connected to the massive playground that is the MGM Grand (you won't even have to go outside to walk to it) but still feels completely separate.The lobby is tranquil and elegant, and rooms come with kitchenettes, separate living room areas, and in some cases, balconies. Upgrade to a Deluxe Balcony Suite to secure one. They also have spacious spa bathrooms with a rainfall shower, a deep soaking tub, and a TV.While sunning on your balcony, don't be surprised if the view is of a rowdy pool party at the nearby Wet Republic Ultra Pool.COVID-19 procedures are available here. Green Valley Ranch Resort Spa and Casino This family-friendly resort is located in one of Las Vegas' most desirable suburbs. Tripadvisor Book Green Valley Ranch Resort Spa and CasinoCategory: LuxuryNeighborhood: HendersonTypical starting/peak price: $99/$500Best for: Families, locals, foodiesOn-site amenities: Pool, spa, salon, arcade, restaurants, bars, fitness center, concert, event spacePros: Family-friendly and Vegas don't always go hand-in-hand, so the kid-friendly amenities such as the Cyber Quest arcade are a nice touch. Also, locally-acclaimed restaurant Pizza Rock has a location here, which is not to be missed.Cons: Guests complain about long check-in times and long distances between parking areas and rooms. The Las Vegas neighborhood of Green Valley is attractive with locals due to its safety, proximity to the Strip (about a 15-20 minute drive), and The District at Green Valley Ranch, an open-air shopping and dining area. Travelers staying at Green Valley Ranch Resort Spa and Casino, which is just a five-minute walk from The District at Green Valley Ranch, will appreciate these same things.The well-manicured property feels as big as some Strip resorts and has a similar scope of amenities too, including high-end restaurants. Italian restaurant Bottiglia offers a lively brunch with bottomless mimosas, Borracha Mexican Cantina has fresh fish tacos, and Tides Oyster Bar has an outstanding fresh seafood selection.The rooms at Green Valley Ranch Resort Spa and Casino are nothing out of the ordinary, with beige and chocolate brown accents and flat-screen televisions, but they're a good value. Just expect to pay more on weekends.COVID-19 procedures are available here. Virgin Hotels Las Vegas, Curio Collection by Hilton Bright, bold rooms are stylish and new and suites are especially spacious. Virgin Hotels Book Virgin Hotels Las Vegas, Curio Collection by HiltonCategory: LuxuryNeighborhood: Near StripTypical starting/peak price: $111/$500Best for: Groups of friends, couples, Hilton loyalistsOn-site amenities: Live music venue, beach club, pool, spa, fitness center, meeting and event space, sportsbook with interactive games, bars, restaurantsPros: The aesthetic throughout the property aims to please, and rooms are bright and modern with just a bit of quirkiness.Cons: Near Strip is definitely not on-Strip. Expect a 25-minute walk to Las Vegas Boulevard if you dare to go on foot. The brand new Virgin Hotels Las Vegas emerged on former the Hard Rock Hotel and Casino site in 2021 and has made a strong case for a pilgrimage away from the Strip. Though, it is a solid mile away from Las Vegas Boulevard.The hotel is colorful and inviting with jewel-toned furniture and bold accent walls. Rooms are white with pops of color and interesting, modern light fixtures. The property also scores major points for embracing its desert location. You'll be greeted with cacti at the entrance, and once inside, you're met with an infusion of color.Dining and drinking feature venues from Todd English and Nobu Matsuhisa, and as long as you aren't counting on an easy stroll to the Strip, this property will impress. COVID-19 procedures are available here. Circa Resort & Casino The epic pool complex dubbed Stadium Swim is a sight to behold. Tripadvisor Book Circa Resort & CasinoCategory: Luxury Neighborhood: Downtown Las VegasTypical starting/peak price: $139/$639Best for: Groups of friends, couples, locals on staycationOn-site amenities: Year-round pool deck with a massive outdoor screen that broadcasts live sports games, swanky 60th-floor rooftop lounge, three-story sportsbook, the longest outdoor bar on Fremont Street, restaurantsPros: Circa opened in 2020 as the first newly-built hotel-casino in Downtown Las Vegas in 40 years, and it shows. Everything feels fresh, from the art installations in the parking garage (which the resort calls Garage Mahal) to sapphire and gold accents in guest rooms. This is a hotel for people who want a luxury Strip resort but in Downtown Las Vegas.Cons: This hotel still comes with a Strip resort price tag; Circa can be pricier than nearby Fremont Street properties.Located on the former site of the Las Vegas Club, Circa dominates the Downtown Las Vegas skyline with an angular design that looks distinctly modern compared to neighboring hotels.The property, owned by locally famous Derek Stevens who also runs the nearby The D Casino and Hotel, is flashy and upscale. For example, there's a display case containing 1,000 ounces of gold on the rooftop lounge and suites come with Balmain products in the bathroom.Instead of one rooftop pool, there are six spread across three levels. Dubbed Stadium Swim, it features six temperature-controlled pools, two swim-up bars, and a 143-foot diagonal, 14-million-megapixel LED screen, always playing the day's biggest sports games and events. Like most Vegas locals, I am partial to Vegas Vickie's, the casino bar that features Vegas Vickie herself, a beloved neon cowgirl who stood watch over Fremont Street for more than three decades. In a hotel that's so intensely modern, it's nice to see this nod to the neighborhood's past. COVID-19 procedures are available here. Red Rock Casino Resort Spa Red Rock's pool complex is serene and lush, lined with palms for ample shade. Hotels.com Book Red Rock Casino Resort SpaCategory: LuxuryNeighborhood: SummerlinTypical starting/peak price: $139/$600Best for: Couples, familiesOn-site amenities: lush pool, upscale restaurants, movie theater, bowling alley, spaPros: This hotel is a convenient jumping-off point for outdoor adventures in Red Rock Canyon, and is within walking distance from shops and restaurants in Downtown Summerlin. Plus, the pool is beautiful.Cons: Red Rock Resort is far from the Strip and Downtown Las Vegas. It can also be expensive.Red Rock Resort and Hotel is a true desert escape, located on the western edge of the city near the soaring cliffs of Red Rock Canyon. One could easily spend a day hiking, rock climbing, or mountain biking in the desert and then return to Red Rock for a spa treatment, a margarita by the palm-shaded pool, or fresh pasta from Osteria Fiorella.Conversely, this is also the kind of upscale hotel that makes it easy to spend an entire weekend without leaving the property. It has everything: great room service, cloud-like beds, views of the desert and the Strip, a nice selection of restaurants, and even a bowling alley and movie theater.The pool, in particular, is one of the best in the city and if you're looking for the opposite of a wild Strip pool party, this tranquil oasis is it. Should you feel inclined to wander, shops, restaurants, and even a weekly farmers market are steps away in Downtown Summerlin. COVID-19 procedures are available here. JW Marriott Las Vegas Resort & Spa The JW Marriott Las Vegas Resort & Spa offers a respite from the desert landscape with abundant greenery. Marriott Book JW Marriott Las Vegas Resort & SpaCategory: LuxuryNeighborhood: SummerlinTypical starting/peak price: $163/$311Best for: Couples, business travelers, golfersOn-site amenities: Pool, spa, fitness center, golf course, restaurants, business services, meeting spacePros: The Mediterranean-inspired landscaping with trees and waterfalls is beautiful and there is a shuttle to a nearby award-winning golf course.Cons: The on-site Rampart Casino feels notably shabby compared to the high-end feel of the resort.Every time I set foot in the JW Marriott Las Vegas Resort & Spa, it's an immediate escape from the harsh desert landscape. The greenery and water features are abundant, making the resort feel like a haven.I also love the restaurants, especially Jade Asian Kitchen which is great for sushi and cocktails, and Hawthorn Grill, which has an amazing waterside patio shrouded with trees.The rooms are simple and elegant with jetted tubs and large workspace areas, making this a good hotel for business travelers. The concierge can help arrange golf reservations and the surrounding Summerlin area is similarly upscale. The nearby Italian-inspired Tivoli Village offers open-air shopping and dining. Red Rock Canyon is also close. COVID-19 procedures are available here. FAQ: Las Vegas hotels What is the best time of year to visit Las Vegas?The shoulder seasons — fall and spring — bring perfect desert weather and are the best time to visit Las Vegas. Expect pleasant, sunny days with highs in the 80s and lows in the 60s. Of these two seasons, fall tends to be quieter, with spring bringing spring break crowds.Despite the very hot weather, summer is very busy and you may see higher room rates during this time. Winter is the least busy season in Las Vegas (except for New Year's Eve) and it can also be surprisingly chilly, so you might not get that pool day.Which off-Strip neighborhood should I choose?Stay Downtown or near the Strip if you want to still experience the casinos, restaurants, bars, and delightful mayhem that makes the city so special. Or choose Downtown if you want to experience historic Las Vegas, Fremont Street, and go where the locals go. Choose near-Strip if you want access to Las Vegas Boulevard without the noise and traffic.If you are traveling for business or with young children (or are sensitive to loud noise) consider the suburbs of Henderson or Summerlin. Henderson has outdoor shopping malls, big box stores, quiet neighborhoods, and nice city parks where families picnic. Summerlin will speak to you if you're the outdoorsy type, as Red Rock Canyon is just a stone's throw away. What is there to do off-Strip in Las Vegas?There's a whole world outside of the Las Vegas Strip (not to mention a couple of million people who call Clark County home). You can browse the shops at the Downtown Container Park, catch an intimate live concert at an East Fremont Street bar, or check out First Friday in the Arts District.Dine at a neighborhood restaurant that rivals the ones on the Strip and hit the trails at Red Rock Canyon, Mt. Charleston, Lake Mead, or Valley of Fire. From art galleries, museums, boutiques and craft cocktail bars to hiking, rock climbing, and kayaking, there's much to explore in Southern Nevada.Why should I stay off-Strip?If you've visited Las Vegas a million times and only ever experience one street, you owe it yourself to see another part of the city at least once. You might also find lower rates, though not at every property. Don't expect to pay less for a room at Red Rock Casino than you would for a room at a budget Strip property like Excalibur.You may also find fewer crowds, less vehicle traffic, less noise, and less price-gouging when you shop, eat, and drink. Whether it's your first or tenth time to Vegas, if any of that appeals to you, consider going off the beaten path.Staying off Strip also balances the experience of Las Vegas Boulevard.  Hike through the stark, wild beauty of the desert complemented by a fancy dinner at a sleek steakhouse. An intimate cocktail bar in the Arts District can serve as a prelude to a crowded evening at a nightclub. Is it worth staying off-Strip in Las Vegas?You can still find all of the classic Las Vegas amenities you love such as pools and poolside bars, spas, casinos, buffets, and sportsbooks, plus other surprising extras, like movie theaters, bowling alleys, kid-focused amenities, and community events.And if you miss the Strip, it's not hard to get there. You can be as close as a half-mile away if you stay near Strip, or as far as 12-15 miles away if you stay in Henderson or Summerlin.Do off-Strip hotels have resort fees?Sadly, you would be hard-pressed to find a hotel in Las Vegas without a resort fee. Every hotel on this list with the exception of Virgin Hotels Las Vegas charges one. Some properties may waive these fees for special promotions (M Resorts is currently offering a no resort fee stay to locals on staycation), but for the most part, you can expect to shell out an extra $20 to $40 on average per night. What are current Las Vegas COVID-19 travel restrictions and protocols? Las Vegas is open, without restrictions involving capacity limits and large gatherings.However, the State of Nevada has mandated that everyone, including fully vaccinated individuals, wear a mask in public indoor settings, including resorts and casinos, restaurants, bars, showrooms, and meeting spaces. Masks are also required on public transportation.Large indoor events also have masks, testing, and vaccination requirements so check before arriving both with local Las Vegas mandates, the Nevada Health Response updates, as well as your individual hotel and destination. How we selected the best off-Strip hotels in Las Vegas As a Las Vegas local travel writer, I'm personally familiar with every hotel on this list and stand behind all of these hotels. I have either stayed at the hotel or have spent significant time exploring the property and the surrounding neighborhood. Hotels are located in desirable Las Vegas neighborhoods, including near-Strip, Downtown, Summerlin, and Henderson. Each hotel holds a TripAdvisor rating of between 3 to 4.5 (the average rating on this list is 4 out of 5) with a high volume of recent honest, unbiased reviews.Rates range between $30 and $163 to start and do not include resort fees. Las Vegas room rates fluctuate based on the season and major events usually drive up prices. Las Vegas room rates tend to fluctuate wildly. On one night a room might be below a hundred dollars, on another night it might be approaching a thousand. This is why value is so key.Standard hotel rooms at each property are known to be comfortable with classic or unique Vegas views.    The hotel features must-have Vegas amenities, such as a pool, great on-site restaurants and bars, a casino, spa, fitness center, plus entertainment offerings, and events.You don't want to stay in a quiet, spa-like environment if you've come to Vegas to party, and you don't want to stay in the middle of a party if you're traveling with small kids. We've noted who we think would enjoy each hotel, such as solo travelers, groups of friends, couples, families, business travelers, and locals on staycations.The hotel keeps guests safe by instituting COVID-19 policies in accordance with the most recent CDC guidelines. More of the best places to stay in Las Vegas Prayitno/Flickr The best Las Vegas luxury hotels on or near the StripThe best cheap hotels in Las VegasThe most incredible hotel suites in Las Vegas for every budgetThe best Las Vegas Airbnbs Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 21st, 2021

51 gifts dog lovers and their canine companions will love

We curated 51 of our favorite gifts for dog lovers and their very good dogs, including subscription boxes, books, pj's, and custom stickers. When you buy through our links, Insider may earn an affiliate commission. Learn more. Treat your favorite chef to a dog treat maker from Dash. Target We rounded up the most unique and thoughtful gifts for dog lovers and their dogs. Show them you care with a monthly subscription box, canine home decor, and all sorts of dog books. Here are 51 useful, entertaining, and adorable gifts dogs and their humans will love. As one of the most magical and amusing creatures on earth, dogs are more than deserving of a gift every now and again. And their human guardians? Yeah, they deserve a little something too.In this list, we've curated 52 of our favorite gifts for dogs and the people who love them, including a stylish dog crate, a monthly subscription box filled with toys and treats, and custom pet stickers. Whether you want to add a little doggy decor to your home or give your favorite pet something new to play with, these gifts evoke pure joy of the canine kind.Here are 51 of the best gifts for dogs lovers and their dogs: Dog stickers that are (almost) as cute as the real thing My Sticker Face My Sticker Face Sampler Sticker Face Sheet, available on Amazon, $15.99Give the gift of sticky immortality with these customizable pet stickers. Just upload a photo of their dog and My Sticker Face will create a spot-on version made from vinyl that they can affix to anything that needs a puppy pick-me-up. A monthly box of canine surprises Bark Box Bark Box Monthly Subscription, available on Bark Box, from $23Don't bother trying to figure out exactly what the dog or dog lover in your life wants. Bark Box has done the work for you. Its monthly subscription boxes contain curated collections of toys, treats, and chews based on fun themes like summer camp, magic, and spa days. Send Bark Box as a gift or, better yet, get your own. A pack of dogs to protect their smartphone Society6 Pet Friendly Dog Pattern Phone Case, available on Society6 for both iPhone and Android, from $20.99No more scrolling their social media feeds to find cute dogs. With this smartphone case, there will already be dozens of pups at their fingertips. The pack, which includes corgis, shiba inus, and poodles, can be customized as a slim or tough case for almost any iPhone or Android model. Flannel pants for cold-weather canine snuggling L.L. Bean L.L. Bean Flannel Pants, Dog Print, available on L.L. Bean, $49.95These extra soft flannel pants will keep them warm and cozy on crisp nights. They've been designed for maximum comfort with a drawstring waist and pockets. Choose from three dog-tastic colors and prints and 13 sizes. A stress-relieving coloring book full of dogs Amazon Dog Lover: Adult Coloring Book, by Gina Trowler, available on Amazon, $6.99This charming adult coloring book is packed with 64 pages of intricately drawn black-and-white canines. Go ahead, make your great dane blue and your chihuahua pink. The book's pages are nice and thick so the colors won't bleed through. A mind-blowing book about a dog who 'talks' Amazon "How Stella Learned to Talk by Christina Hunger," available at Amazon and Target, $13.99In this fascinating book, speech-language pathologist Christina Hunger chronicles her journey teaching her dog Stella to communicate using programmable buttons. This book not only details Stella's education but breaks down Hunger's techniques so that you, too, can teach your dog to "talk." A pack of doggy chip clips Amazon Kikkerland Doggie Bag Clips, available at World Market and Amazon, from $4.99Reseal your goodie bags with an assortment of canine faces. This posse of chip clips includes a corgi, Boston terrier, bulldog, collie, dalmatian, and shiba inu, each of whom are very good dogs. The clips are made from extra-strong plastic with steel springs. A handsome dog crate to dress up your decor Amazon Diggs Revol Dog Crate, available at Diggs and Amazon, $245Down with ugly dog crates that mess up your decor! Diggs Revol isn't just stylishly designed, it folds flat in seconds and has wheels for rolling out of sight. The crate is available in three colors and comes with a puppy divider and removable, easy-to-clean floor. Fresh pet food to fill their dog's belly Just Food For Dogs Just Food for Dogs, available at Just Food for Dogs, from $5.95Just Food for Dogs uses fresh, human-grade meats and veggies to produce nutritious canine meals across six different recipes. The food is flash frozen and delivered right to their door. Read more about the best fresh dog food in our buying guide. A food puzzle to work the canine brain Nina Ottosson/Business Insider Outward Hound Nina Ottosson Dog Twister Dog Puzzle, available at Chewy and Amazon, from $12.50For smarty pants dogs that need a job to do, these food puzzles are a great way to both entertain and work the brain. Pop treats or kibble into the compartments and tap into their dog's under-utilized scavenging instincts.  A book to decode your dog's star sign Urban Outfitters "Dog Astrology" by Stella Andromeda, available at Amazon and Urban Outfitters, $14.99The astrological sun sign under which your dog was born matters, according to this playful book by Stella Andromeda. Find out what an Aries or Leo looks like among the canine set, your dog's luckiest days ,and whether you and your pup are a match written in the stars. Puppy throw pillows to dress up their decor Uncommon Goods Dog Face Pillow, available at Uncommon Goods, $25Accent their home with the friendly faces of adorable dogs. Hook-sewn by hand in the form of three different breeds — golden retriever, pug and Boston terrier — these 8-by-12-inch wool pillows will never shed, drool, or leave muddy paw prints on their sofa. A pack of dogs to keep them dry in rainy weather Reed Evins Art Reed Evins Art Umbrella, available at AKC.org and Reed Evins Art, $29.99Artist Reed Evins hand-cuts paper to create spot on collage portraits of his canine clients. He's selected a couple dozen of his favorites — droopy eared basset hounds, friendly schnauzers, and half-smiling fluffs among them — for his wind-resistant 42-inch umbrella. The water-blocking parasol has a black rubber handle with an automatic opener and comes with a dog-patterned sleeve for storage. A pair of icy bulldogs to keep their highball cool Williams Sonoma Novelty Bulldog Ice Molds, available at Williams Sonoma, $21.95Bring a little canine class to their next cocktail with Williams Sonoma's bulldog-shaped ice cubes. Made from flexible silicone, just fill the two molds with water, freeze, then run under warm water to release the hounds. The long-lasting cubes will keep their shape sip after sip. A pet camera that lets them interact with their pup Amazon Furbo Treat-Tossing Dog Camera, available at Chewy and Furbo, $161.99For those who can't stand to be away from their dog, it's the Furbo dog camera to the rescue. With the free Furbo app, they can monitor their pet from afar with a 160-degree wide-angle view, speak to them through voice chat, and toss them a treat anytime they want.  Rubber boots to wear when it's raining cats and dogs Zappos Joules Raining Cats and Dogs Rain Boot, available at Zappos and Joules, from $29.95Puddles are no match for these rubber wellies by Joules. Covered in hand-drawn pups, umbrellas, and a couple water-loving cats, the mid-calf rain boots have an adjustable side buckle, a dog bone-patterned interior, and thick grippy soles for traversing slippery sidewalks. A pair of Bernie's viral mittens to squeak and tug Bark Bernie's Paw Warmers, available at Bark Shop, $10Bernie Sanders' mittens, one of the standout stars of the 2021 presidential inauguration, are now available in doggy form. Even if they have no upcoming political events to attend, playtime with these wooly squeakers on a rope will warm up your pup with practical, no-nonsense Vermont style. All proceeds go to the state's PAWsitive Pantry, which provides families in need with food for their beloved pets. A way to finally remember if the dog actually got fed Chewy/Business Insider The Original "Did You Feed The Dog?" available at Amazon, $9.95Did you feed the dog? Can't quite remember, can you? But this simple little device, it knows. Just move the button at feeding time and they'll never get taken by their pup's second-dinner-desiring hungry eyes again. Sweet long johns for a winter full of pajama parties Chewy/Insider Toy Story "To Infinity and Beyond" Dog & Cat Jersey PJs, available at Chewy, from $13.35Dress up their pup for the world's cutest pajama party in these "Toy Story" themed PJ's from Chewy's Disney collection. The outfit comes in six sizes so that even the big boys can let their snuggle flag fly. A homemade dog treat maker Target Dash Express Dog Treat Maker, available at Amazon and Target, $29.49Treat your favorite chef to a pup-approved kitchen addition. Fill the waffle iron-like Dash with one of the recipes from the included cookbook (think: peanut butter pumpkin or cheddar bacon) for fresh bone-shaped treats hot out of the oven.  A squeezable dog water bottle for instant hydration UncommonGoods/Business Insider Dog Bowl Water Bottle, available at Chewy, $14.99Offer the dog a drink single-handedly with this unique dog water bottle. Just squeeze the leak-proof canister to fill the attached dish with water. When they've had their fill, the leftover liquid drains back into the bottle for the next time they're thirsty. A hoodie with a kangaroo pouch to keep their pup close Amazon Roodie Pet Pouch Hoodie, available at Amazon, $99Cuddly pups and the humans who love them never have to be apart with this soft cotton-polyester hoodie. The zip-up 14-inch by 9-inch by 4-inch pocket supports pets up to 15 pounds and comes in six colors. A ball launcher for supercharged games of fetch Amazon/Insider Chuckit! Launcher, available at Chewy and Amazon, $4.71It's almost impossible to tire out a fetch-loving high-energy dog before tiring out your throwing arm, that is, unless you have the Chuckit! With just a flick of the wrist, this simple plastic launcher sends the ball farther than puny human muscles alone and is guaranteed not to quit halfway through the game. A matching bandana and face mask for twinning with their dog Goodboy Goodboy x Sock Fancy Bandana & Mask, available at Goodboy, $24Social distance in style with this dog bandana and face mask duo. The pair comes in four machine-washable custom cotton prints and the triple-layer mask has adjustable ear loops and a 3D chin design. A pair of fur-sonalized silver cufflinks UncommonGoods Custom Pet Portrait Cufflinks, available at Uncommon Goods, $260They'll wear their heart on their sleeve with these pet portrait cufflinks by designer Erin Harris. The engraved sterling silver accessories arrive with a bonus gift, too: a rubber stamp of their dog to use on anything that needs a bit of puppy love. A collar for tracking their dog's location and activity Chewy Fi Series 2 GPS Tracker Smart Dog Collar, available at Chewy, $149Like a FitBit for the canine set, this smart collar will not only help them keep tabs on their dog's daily activity (and compare it to other pups in the neighborhood) but on their location, too. Using GPS tracking technology, this little device sends alerts anytime a door-dashing escape artist is on the move. Their dog in sock form Chewy Tribe Socks Personalized Pet Face Socks, available at Tribe Socks, $24Wrap their barking dogs in puppy love with a pair of customizable socks. Chewy will pattern a pair with the face of their furry friend using just a photo. Choose from four styles: holiday, tie-dye, mosaic, and dog paw. The one toy every dog needs Kong/Business Insider Kong Classic, available at Chewy, from $7.99Whether they've got a puppy who's learning the ropes, an adult dog who loves a good game, or a slow-moving senior, the Kong Classic is a must for busting boredom and tapping into a dog's scavenging instincts. Just pack the heavy-duty rubber cone with treats, kibble, or peanut butter (among other things) and that big, slobbery tongue will do the rest. An elevated bed to keep their dog cool in the heat Chewy K&H Products Elevated Dog Bed, available at Chewy, from $40.99Make the dog days of summer a little more bearable for their pooch with this elevated cot. Made from waterproof nylon with a mesh center, the raised design promotes airflow that helps keep dogs from overheating when the mercury rises. A sleepy puppy hamper to snuggle their dirty clothes Amazon/Business Insider Fankang Dog Hamper, available at Amazon, $10.99Add a dose of cute to laundry day with this dog hamper. The folding, pop-up basket made of waterproof-coated cotton fabric with handles for ears also makes a great storage bin for toys, whether they belong to a dog or to a dog-loving kid. A bucket list activity journal for dog lovers and their canine compatriots Amazon/Business Insider "Chew This Journal" by Sassafras Lowrey, available at Amazon and Barnes & Noble, from $13.99Drawing from 20 years of experience, certified trick dog trainer and doggy writer extraordinaire Sassafras Lowrey's "Chew This Journal" is jam-packed with fun activities for both dog and human. From urban agility and tips on setting training goals to dog-friendly crafts like DIY treat puzzles and tug-toy-making, this book will encourage them to never stop seeking out new adventures. A bag of delicious treats with a minimal carbon paw print Chewy/Business Insider Jiminy's Chewy Cricket Treats, available at Chewy and Amazon, from $9.95Maybe dog treats can't save the world, but Jiminy's cricket treats are doing their part to help our pups live more sustainably. These tasty morsels are hypoallergenic, probiotic, and produce 740% fewer greenhouse gasses than those made with beef. Choose from two chewy flavors, sweet potato and peas or pumpkin and carrot, or crunchy peanut butter and blueberry cookies. A people-approved mattress made just for dogs Casper/Instagram Dog Mattress, available at Casper, from $129Mattress company Casper takes dog bed comfort next level with a memory foam model that rivals those they make for humans. The result of 110 prototypes and 460 hours of lab testing, with this dog bed they'll rest assured their best friend will be getting a good night's sleep.  A dog-splattered dish towel that really sees them Paper Source/Business Insider Dogs Tea Towel, available at Blue Q, $12.99Anyone who's ever loved a dog knows the best people are the fluffy, four-legged kind. And this canine-covered tea towel, it's not afraid to speak the truth. Short-haired, curly-haired, little-legged, and big, they'll be ready to go anytime a dish needs drying.  A custom cookie cutter for making edible puppy portraits SusancraftsShop/Etsy Custom Pet Portrait Cookie Cutter, available at Etsy, from $30If they think their dog couldn't get any sweeter, Bakers Street Cutters begs to differ. Send in a photo and they'll 3D print a custom cookie cutter that makes a perfect impression of their pup every time. A blueprint of their favorite breed's best qualities Etsy Dog Blueprints, available at Etsy, $29.99These vintage-inspired blueprints by canine architects Wet Nose Wiggly Butts break down the characteristics that make different dog breeds unique. Each 16-by-20-inch print features picture-perfect representations of 54 of the most popular pups, from chihuahuas to Newfoundlands. Choose to add their dog's name to the drawing for a personalized touch. A yoga mat covered in stretching Frenchies Society6 Huebucket Frenchie Yoga Mat, available at Society6, $33Flexible Frenchies show off their yoga skills on this adorable yoga mat. Their favorite pose? Downward-facing dog, of course. An honest mug that works as hard as they do Etsy/Business Insider "I work hard so my dog can have a better life" mug, available at Etsy, from $14.45For anyone with lingering doubts about where a dog parent's disposable income goes, this fully customizable mug spells it out in plain English. No one needs to know that dogs work hard to keep us happy, too. Sloppy kisses and dog hair may not pay the bills but they're worth their weight in gold. A lickable mat for anxiety-reducing enrichment Hyper Pet/Insider Hyper Pet IQ Treat Mat 2-pack, available at Chewy and Amazon, $14.95Licking a flavor-filled surface doesn't just release calming endorphins in a dog's brain, it gives them something to focus on when their stress levels become elevated. Spread these dishwasher-safe rubber mats with a soft-and-creamy favorite like yogurt, pumpkin, or peanut butter for a snack that will last and last. Read our full review of the Hyper Pet IQ Treat Mats. A flirt pole for tough tugging thrills Ren Volpe/Business Insider Outward Hound Tail Teaser, available at Chewy and Amazon, $16.99Release the hounds — or their energy, at least — with a doggy flirt pole. Like a beefed-up cat wand, this canine version features a squeaking, rattling faux-fur tail strung with durable nylon cord to a long, flexible pole that can be swung around for a high-speed game of chase, jump, and tug.  A collar from a company that supports and empowers Kenyan artisans Ubuntu Life Triangle Dog Collar in lavender, pink, or cobalt blue, available at Ubuntu Life, $59Yes, this fashion-forward collar produced by Maasai women in Kenya's Ngong Hills looks good, but it does good, too. Ubuntu Life is a public benefit corporation that provides sustainable employment, education, and healthcare to its workers and artisans, as well as pediatric health and special needs education throughout the region. The carefully crafted, highly resilient collar is made from leather and glass beads and comes in three sizes and four colors. A playful seat cover to brighten up the car Chewy Molly Mutt Multi-Use Seat Cover, available at Chewy and Amazon, $59Protect their car from doggy dirt and slobber with a fun toile-like dog patterned seat cover. The versatile cotton canvas can be draped over the back seat (the design features seatbelt slots, nonskid backing and adjustable headrest straps), converted into a car hammock or layered over the cargo hold. A 2-in-1 tool to make bath time less stressful Chewy/Insider Aquapaw Pet Bathing Tool, available at Chewy and Amazon, $24.95Speed up bath time with this flexible water sprayer and massaging scrubber. The tool slips over the palm, leaving their fingers free to reassure their pup or toggle the built-in on-and-off switch. A smiling bouncy ball that doubles as a puzzle toy Chewy/Insider Rogz Grinz Treat Ball, available at Amazon, from $10.95This durable ball will put a maniacal grin on their pup's face. Bounce it on the ground, float it in the water, or fill it with treats or kibble for extended play. It comes in four bright, impossible to lose colors and three sizes. A vet play set to inspire young animal lovers Amazon Melissa & Doug Pet Vet Play Set, available at Amazon, $24.43Encourage the little animal lover in your life with a play set that lets them practice pet care and the empathy and compassion that comes along with it. This kit comes packed with all they'll need to make a house call, including a stethoscope, syringe, bandages, and a cone of shame, as well as two plush pets to practice on. A gallery-worthy portrait of their beloved pet West & Willow Custom Pet Portrait, available at West & Willow, from $65Immortalize their fur baby with a custom portrait they'll cherish for years to come. Choose from a handful of backgrounds and hardwood frames. Each gallery-quality image can include up to three pets. A cashmere turtleneck for cold weather walks The Barkers Fido Turtleneck, available at The Barkers, $89The beatnik vibes are on point with this cable-knit turtleneck from The Barkers. Made from 100% cashmere, this luxurious dog sweater will have them wishing for a human-sized version all their own. A pack of dogs who love a relaxing bath tandemsy/Society 6 Dog Shower Curtain, available at Society 6, $45.49Add a touch of canine couture to their bathroom with a dog print shower curtain patterned in artistically arranged pups. The polyester 71-by-74-inch curtain comes with 12 buttonholes for easy hanging. A combination backpack and airline approved carrier for versatile adventures Petco Sherpa 2-in-1 Travel Backpack, available at Petco, $52.99Up in the air or on the trail, their dog can go anywhere they do with Sherpa's 2-in-1 travel backpack. The cozy, well-ventilated go bag has removable straps that convert it from a backpack to a traditional airline approved pet carrier that fits under the seat in the cabin. A boho bed cover to rest their weary head The Foggy Dog Amani Sea Dog Bed, available at The Foggy Dog, from $65Upgrade their naps with a mud-cloth inspired, upholstery-grade cotton bed cover. The durable, zip-up doggy duvet can be fitted over an old bed, pillow, or pile of blankets, or you can purchase a new memory foam or "Sustainafill" insert for maximum comfort. It's machine washable and sold in three colors. A book for youngsters about a dog's most valuable superpower Amazon/Business Insider "What the Dog Knows Young Readers Edition" by Cat Warren, available at Amazon and Barnes & Noble, $7.99In the young readers edition of the New York Times bestseller "What the Dog Knows," Cat Warren uncovers the science behind the amazing canine nose. If you know a kiddo with a love of dogs, this book full of photos and illustrations is sure to intrigue, surprise, and delight. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 21st, 2021

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  Elizabeth Holmes said she was too pretty to go to jail. Needless to say, Holmes is on trial as we speak, blaming her heinous behavior on her old boyfriend Sunny Balwani, claiming abuse and ultimately PTSD as she attends Burning Man and galivants around San Francisco as if she had not a care in… Read More The post Facebook appeared first on The Big Picture.   Elizabeth Holmes said she was too pretty to go to jail. Needless to say, Holmes is on trial as we speak, blaming her heinous behavior on her old boyfriend Sunny Balwani, claiming abuse and ultimately PTSD as she attends Burning Man and galivants around San Francisco as if she had not a care in the world. If you think you know everything about this story, you probably don’t. Start by reading John Carreyrou’s book “Bad Blood: Secrets and Lies in a Silicon Valley Startup.” The most memorable part of the book for me is when attorney David Boies, who heretofore had an impeccable image, comes in with a team to threaten Carreyrou at the “Wall Street Journal.” But Carreyrou and the WSJ stand their ground. And now the WSJ is investigating Facebook. You’ve probably seen the headlines. Carreyrou single-handedly brought down Theranos, will the WSJ series have an impact on Facebook? Definitely, although how much is yet to be seen. So if you’re into nonfiction, after reading “Bad Blood” be sure to read “Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice” an account of finance in Russia and so much more. As a matter of fact the Magnitsky Act, which Bill Browder, author of “Red Notice,” fomented, is in the news seemingly every day. Both of these books are easily read. As a matter of fact, you’ll have a hard time putting them down. If this were a class, they’d be assigned reading. But before you read those books I would first make you listen to Roger McNamee on Kurt Andersen’s podcast: How Business Models Have Shaped Big Tech. I know Roger, I’ve even done a podcast with him myself, but in this hour he details the history and landscape of Silicon Valley, as well as the history of government intervention against bad actors and monopolies so well it’s like a master class. Bottom line… Roger thought tech was a tool for good. Isn’t that what Steve Jobs famously claimed, that he was just making tools? And McNamee was the first to blow the whistle on Facebook in the last election cycle, 2016, and he even wrote a book about Facebook, “Zucked: Waking Up to the Facebook Catastrophe,” but his message still has not gotten traction outside a small coterie of thinkers. That’s where the WSJ comes in. But start with McNamee first. When Roger puts it all in context, talks about how the government regulated meat to the benefit of the public, broke up the phone company, you’ll start to see a way through this mess. Bottom line… Facebook and Google are on both sides of the transaction, they both host and sell, and he says they must do only one or the other. And they colluded to control online advertising. This has been well documented in the news, but it’s not flashy enough to gain ubiquity, despite state attorneys general suing the company. But there is one smoking gun after another, evidence, it’s not just a theory. But wait, there’s more! McNamee delineates the difference between the boomers and the millennials. The boomers grew up in an era where it was about the common good. The millennials grew up in an era where it was all about the individual, every person for him or herself, the common good be damned. Think about this, the Reagan revolution has paid dividends, and so many are not positive, the culture was changed, and too many people bought in. So Roger posits when Mark Zuckerberg makes heinous choices to benefit Facebook he thinks he’s doing a good thing, he doesn’t know any better. And now the details are coming out in the WSJ. But staying with McNamee… Roger says how when they broke up the phone company, it stimulated advancement. That if you break up Google you’ll end up with fifty new companies. If you break up Facebook you’ll end up with a hundred. As for innovation, these evil twins are only trying to maintain their audience/customers, there’s no real advancement being made, it’s like a case study for the dearly departed Clayton Christensen, the old companies waiting to be disrupted. So McNamee lays out a blueprint to go forward. And acknowledges that government is always behind, but that does not mean the government shouldn’t flex its muscles. But going back to the WSJ series on Facebook, the quote in today’s paper is priceless: “A now-former executive questioned the idea of overhauling Instagram to avoid social comparison. ‘People use Instagram because it’s a competition,’ the former executive said. ‘That’s the fun part.’” I’d provide a link1 but either you subscribe to the WSJ or you don’t, you’re either in the loop or you’re not. You can gather misinformation on social media, most especially Facebook, or you can go to the source, but the source costs money and Americans are cheap, even worse, they oftentimes can’t even understand what is proffered. I posit a significant segment of the population won’t even follow and grasp what McNamee says, even though it’s far from boring, they just don’t have the education to be able to analyze, to comprehend, many just believe a man in the sky will save them. So the above quote is from the second WSJ installment on Facebook. Turns out the Facebook-owned company Instagram is wreaking havoc on the self-image of today’s young women. They just can’t live up to the images online. Almost nobody can unless it’s your full-time job and you’re willing to starve yourself and get plastic surgery. Instagram is for bragging, and too many end up feeling like a loser. But that’s not as bad as tomorrow’s segment, which went live on the WSJ site this morning: “Facebook Tried to Make Its Platform a Healthier Place. It Got Angrier Instead; Internal memos show how a big 2018 change rewarded outrage and that CEO Mark Zuckerberg resisted proposed fixes.” 2 Turns out the execs are not in control of the platform, they keep saying they’re putting on band-aids when they’re not, or they do so with unintended negative results. The goal is just to keep people on the platform, that can’t be sacrificed, that metric is king. So despite having studies detailing the deleterious results of Facebook’s platforms the company ignores them. Even worse, it says they’re taking action when they’re not. It’s obfuscation all the time. Zuck testifies in Congress, he keeps saying he’ll provide backup and then does not. And then he just goes on wrecking the world. You see Zuck is the most powerful person in the world, but this doesn’t sit right with elected officials and titans of old school industry. Rupert Murdoch has taught us the power is in the ink, the press. And in truth, Zuckerberg has got a stranglehold on the press, his sites are where people go for information, and his goal is to raise your emotions so you’ll stay connected and participate. Like, respond, forward, it’s gold to Facebook but lead for our society. In the first WSJ installment on Facebook3 it is revealed that the company has a whitelist. That if you’re famous, in the public eye, have enough followers, they give you a pass, no matter what you post. Because they’re scared you’ll fight back and the company might not look good. And the truth is they don’t have enough people to police behavior and the algorithm is far from perfect, which is why the hoi polloi are constantly complaining that they post innocuous stuff on Facebook and Instagram and it gets taken down and they might even get blocked while a whole tier of society gets a free pass. Once again, Zuck was confronted with this, what did he do? HE LIED! Newsom won yesterday. You’ll see all these learned lessons in the media today. I’m not sure I believe all of them. Bottom line, California is a Democratic state, and the only reason Schwarzenegger won was that he was famous, a celebrity, a movie star, and in the last fifteen plus years the state has moved even further left. So is California a harbinger for the 2022 elections? I would certainly hope so, but I don’t believe it, look at how many votes Trump actually got last November, they far exceeded what all the pundits prognosticated. And where is this cult’s word spread? Online. ON FACEBOOK AND INSTAGRAM! And for TikTok, the WSJ says there’s a distinct difference: “‘Social comparison is worse on Instagram,’ states Facebook’s deep dive into teen girl body-image issues in 2020, noting that TikTok, a short-video app, is grounded in performance, while users on Snapchat, a rival photo and video-sharing app, are sheltered by jokey filters that ‘keep the focus on the face.’ In contrast, Instagram focuses heavily on the body and lifestyle.” So what is going to happen? Roger McNamee posits a way out, so maybe we can have hope, but Zuckerberg has so much power… As for Theranos, I highly recommend the podcast “The Dropout, Elizabeth Holmes on trial.” You can ignore the previous season. Just start with the August 31st episode “Where Have You Been, Elizabeth Holmes.” But listen to Roger McNamee first. And know this is the story of our day. I mean who is going to listen to musicians when superstar Nicky Minaj says she heard from a cousin in Trinidad that his friend got Covid-19 and his testicles swelled and he ended up impotent. Of course, Fauci and every reputable outlet denied this could possibly happen, but none of them have the reach of Ms. Minaj, who has 22.6 million followers on Twitter and 157 million on Instagram, talk about the power of the image over the written word… Used to be the titans of the “Billboard” chart were educated and smart, no longer, which is why they can only move the uneducated rearguard, anybody with a brain ignores them. But don’t ignore the news. And get it from the source, not handed down via a game of telephone, like Nicki Minaj, like so many do on Facebook. In the eighties celebrity gossip culture and top-tier culture merged, this has been the story of the past few decades, but it’s no longer the truth, if for no other reason than we’re no longer sure who the stars are anymore. The movie stars have been revealed to be two-dimensional and out of touch and everybody at home believes they’re a star so you end up with an elite running the world and…those following music and gossip aren’t even members, they have no impact. Hell, look at the music business in Britain. They believed Boris Johnson was in their corner, but not only did Brexit make touring the Continent light years more difficult, time-consuming, and expensive, despite this now coming to light the government still hasn’t negotiated a reasonable settlement. And why would the government listen to the music business anyway, when oldsters like Eric Clapton are issuing falsehoods and the stars of the chart are mostly television nitwits? We are in a fight for democracy. But even more, we’re in a fight for society, for culture, for the state of mind. Turns out these social media outlets are killing our world, they’re beyond the control of our elected officials. And why should they take action, when a healthy part of the population won’t get the vaccine and keep talking about it on social media platforms, raining down coin for their owners? Think about it.   _______ 1. Facebook Knows Instagram Is Toxic for Teen Girls, Company Documents Show, By Georgia Wells, Jeff Horwitz and Deepa Seetharaman, WSJ, Sept. 14, 2021. 2. Facebook Tried to Make Its Platform a Healthier Place. It Got Angrier Instead, By Keach Hagey and Jeff Horwitz, WSJ,  Sept. 15, 2021. 3. Facebook Says Its Rules Apply to All. Company Documents Reveal a Secret Elite That’s Exempt, by Jeff Horwitz, WSJ, Sept. 13, 2021.     ~~~ Visit the archive: — Listen to the podcast: — @Lefsetz — Subscribe to the LefsetzLetter The post Facebook appeared first on The Big Picture......»»

Category: blogSource: TheBigPictureSep 21st, 2021

BTFD Arrives: Futures Rebound, Europe Surges While Asia Slumps On Evergrande Fears

BTFD Arrives: Futures Rebound, Europe Surges While Asia Slumps On Evergrande Fears Even though China was closed for a second day, and even though the Evergrande drama is nowhere closer to a resolution with a bond default imminent and with Beijing mute on how it will resolve the potential "Lehman moment" even as rating agency S&P chimed in saying a default is likely and it does not expect China’s government “to provide any direct support” to the privately owned developer, overnight the BTFD crew emerged in full force, and ramped futures amid growing speculation that Beijing will rescue the troubled developer... Algos about to go on a rampage — zerohedge (@zerohedge) September 21, 2021 ... pushing spoos almost 100 points higher from their Monday lows, and European stock were solidly in the green - despite Asian stocks hitting a one-month low - as investors tried to shake off fears of contagion from a potential collapse of China’s Evergrande, although gains were capped by concerns the Federal Reserve could set out a timeline to taper its stimulus at its meeting tomorrow. The dollar dropped from a one-month high, Treasury yields rose and cryptos rebounded from yesterday's rout. To be sure, the "this is not a Lehman moment" crowed was out in full force, as indicated by this note from Mizuho analysts who wrote that “while street wisdom is that Evergrande is not a ‘Lehman risk’, it is by no stretch of the imagination any meaningful comfort. It could end up being China’s proverbial house of cards ... with cross-sector headwinds already felt in materials/commodities.” At 7:00 a.m. ET, S&P 500 e-minis were up 34.00 points, or 0.79% and Nasdaq 100 e-minis 110.25 points, or 0.73%, while futures tracking the Dow  jumped 0.97%, a day after the index tumbled 1.8% in its worst day since late-July,  suggesting a rebound in sentiment after concerns about contagion from China Evergrande Group’s upcoming default woes roiled markets Monday. Dip-buyers in the last hour of trading Monday helped the S&P 500 pare some losses, though the index still posted the biggest drop since May. The bounce also came after the S&P 500 dropped substantially below its 50-day moving average - which had served as a resilient floor for the index this year - on Monday, its first major breach in more than six months. Freeport-McMoRan mining stocks higher with a 3% jump, following a 3.2% plunge in the S&P mining index a day earlier as copper prices hit a one-month low. Interest rate-sensitive banking stocks also bounced, tracking a rise in Treasury yields. Here are some of the biggest U.S. movers today: U.S.-listed Chinese stocks start to recover from Monday’s slump in premarket trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers Verrica Pharma (VRCA US) plunges 30% in premarket trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum ReWalk Robotics (RWLK US) shares jump 43% in U.S. premarket trading amid a spike in volume in the stock. Being discussed on StockTwits Aprea Therapeutics gains 21% in U.S. premarket trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab Lennar (LEN US) shares fell 3% in Monday postmarket trading after the homebuilder forecast 4Q new orders below analysts’ consensus hurt by unprecedented supply chain challenges ConocoPhillips (COP US) ticks higher in U.S. premarket trading after it agreed to buy Shell’s  Permian Basin assets for $9.5 billion in cash, accelerating the consolidation of the largest U.S. oil patch SmileDirect (SDC US) slightly higher in premarket trading after it said on Monday that it plans to enter France with an initial location in Paris KAR Global (KAR US) shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage Sportradar (SRAD US) shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately Orbital Energy Group (OEG US) gained 6% postmarket Monday after a unit won a contract  to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed “So much of this information is already known that we don’t think it will necessary set off a wave of problems,” John Bilton, head of global multi-asset strategy at JPMorgan Asset Management, said on Bloomberg TV. “I’m more concerned about knock-on sentiment at a time when investor sentiment is a bit fragile. But when we look at the fundamentals -- the general growth, and direction in the wider economy -- we still feel reasonably confident that the situation will right itself.” Aside from worries over Evergrande’s ability to make good on $300 billion of liabilities, investors are also positioning for the two-day Fed meeting starting Tuesday, where policy makers are expected to start laying the groundwork for paring stimulus.  Europe's Stoxx 600 index climbed more than 1%, rebounding from the biggest slump in two months, with energy companies leading the advance and all industry sectors in the green. Royal Dutch Shell rose after the company offered shareholders a payout from the sale of shale oil fields. Universal Music Group BV shares soared in their stock market debut after being spun off from Vivendi SE. European airlines other travel-related stocks rise for a second day following the U.S. decision to soon allow entry to most foreign air travelers as long as they’re fully vaccinated against Covid-19; British Airways parent IAG soars as much as 6.9%, extending Monday’s 11% jump. Here are some of the biggest European movers today: Stagecoach shares jump as much as 24% after the company confirmed it is in takeover talks with peer National Express. Shell climbs as much as 4.4% after selling its Permian Basin assets to ConocoPhillips for $9.5 billion. Bechtle gains as much as 4.3% after UBS initiated coverage at buy. Husqvarna tumbles as much as 9% after the company said it is suing Briggs & Stratton in the U.S. for failing to deliver sufficient lawn mower engines for the 2022 season. Kingfisher slides as much as 6.4% after the DIY retailer posted 1H results and forecast higher profits this fiscal year. The mood was decidedly more sour earlier in the session, when Asian stocks fell for a second day amid continued concerns over China’s property sector, with Japan leading regional declines as the market reopened after a holiday. The MSCI Asia Pacific Index was down 0.5%, headed for its lowest close since Aug. 30, with Alibaba and SoftBank the biggest drags. China Evergrande Group slid deeper in equity and credit markets Tuesday after S&P said the developer is on the brink of default. Markets in China, Taiwan and South Korea were closed for holidays. Worries over contagion risk from the Chinese developer’s debt problems and Beijing’s ongoing crackdowns, combined with concern over Federal Reserve tapering, sent global stocks tumbling Monday. The MSCI All-Country World Index fell 1.6%, the most since July 19. Japan’s stocks joined the selloff Tuesday as investor concerns grew over China’s real-estate sector as well as Federal Reserve tapering, with the Nikkei 225 sliding 2.2% - its biggest drop in three months, catching up with losses in global peers after a holiday - after a four-week rally boosted by expectations for favorable economic policies from a new government. Electronics makers were the biggest drag on the Topix, which declined 1.7%. SoftBank Group and Fast Retailing were the largest contributors to a 2.2% loss in the Nikkei 225. Japanese stocks with high China exposure including Toto and Nippon Paint also dropped. “The outsized reaction in global markets may be a function of having too many uncertainties bunched into this period,” Eugene Leow, a macro strategist at DBS Bank Ltd., wrote in a note. “It probably does not help that risk taking (especially in equities) has gone on for an extended period and may be vulnerable to a correction.” “The proportion of Japan’s exports to China is greater than those to the U.S. or Europe, making it sensitive to any slowdown worries in the Chinese economy,” said Hideyuki Ishiguro, a senior strategist at Nomura Asset Management in Tokyo. “The stock market has yet to fully price in the possibility of a bankruptcy by Evergrande Group.” The Nikkei 225 has been the best-performing major stock gauge in the world this month, up 6.2%, buoyed by expectations for favorable policies from a new government and an inflow of foreign cash. The Topix is up 5.3% so far in September. In FX, the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis. In rates, Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp; 10-year yields around 1.3226%, cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result In commodities, crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer Looking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook. Market Snapshot S&P 500 futures up 1.0% to 4,392.75 STOXX Europe 600 up 1.1% to 459.10 MXAP down 0.5% to 200.25 MXAPJ up 0.2% to 640.31 Nikkei down 2.2% to 29,839.71 Topix down 1.7% to 2,064.55 Hang Seng Index up 0.5% to 24,221.54 Shanghai Composite up 0.2% to 3,613.97 Sensex up 0.4% to 58,751.30 Australia S&P/ASX 200 up 0.4% to 7,273.83 Kospi up 0.3% to 3,140.51 Brent Futures up 1.6% to $75.13/bbl Gold spot down 0.1% to $1,761.68 U.S. Dollar Index little changed at 93.19 German 10Y yield fell 5.0 bps to -0.304% Euro little changed at $1.1729 Top Overnight News from Bloomberg Lael Brainard is a leading candidate to be the Federal Reserve’s banking watchdog and is also being discussed for more prominent Biden administration appointments, including to replace Fed chairman Jerome Powell and, potentially, for Treasury secretary if Janet Yellen leaves Federal Reserve Chair Jerome Powell will this week face the challenge of convincing investors that plans to scale back asset purchases aren’t a runway to raising interest rates for the first time since 2018 ECB Vice President Luis de Guindos says there is “good news” with respect to the euro-area recovery after a strong development in the second and third quarter The ECB is likely to continue purchasing junk-rated Greek sovereign debt even after the pandemic crisis has passed, according to Governing Council member and Greek central bank chief Yannis Stournaras U.K. government borrowing was well below official forecasts in the first five months of the fiscal year, providing a fillip for Chancellor of the Exchequer Rishi Sunak as he prepares for a review of tax and spending next month U.K. Business Secretary Kwasi Kwarteng warned the next few days will be challenging as the energy crisis deepens, and meat producers struggle with a crunch in carbon dioxide supplies The U.K.’s green bond debut broke demand records for the nation’s debt as investors leaped on the long-anticipated sterling asset. The nation is offering a green bond maturing in 2033 via banks on Tuesday at 7.5 basis points over the June 2032 gilt. It has not given an exact size target for the sale, which has attracted a record of more than 90 billion pounds ($123 billion) in orders Germany cut planned debt sales in the fourth quarter by 4 billion euros ($4.7 billion), suggesting the surge in borrowing triggered by the coronavirus pandemic is receding Contagion from China Evergrande Group has started to engulf even safer debt in Asia, sparking the worst sustained selloff of the securities since April. Premiums on Asian investment-grade dollar bonds widened 2-3 basis points Tuesday, according to credit traders, after a jump of 3.4 basis points on Monday Swiss National Bank policy makers watching the effects of negative interest rates on the economy are worrying about the real-estate bubble that their policy is helping to foster Global central banks need to set out clear strategies for coping with inflation risks as the world economy experiences faster-than-expected cost increases amid an uneven recovery from the pandemic, the OECD said A quick look at global markets courtesy of Newsquawk Asian equities traded cautiously following the recent downbeat global risk appetite due to Evergrande contagion concerns which resulted in the worst day for Wall Street since May, with the region also contending with holiday-thinned conditions due to the ongoing closures in China, South Korea and Taiwan. ASX 200 (+0.2%) was indecisive with a rebound in the mining-related sectors counterbalanced by underperformance in utilities, financials and tech, while there were also reports that the Byron Bay area in New South Wales will be subject to a seven-day lockdown from this evening. Nikkei 225 (-1.8%) was heavily pressured and relinquished the 30k status as it played catch up to the contagion downturn on return from the extended weekend with recent detrimental currency inflows also contributing to the losses for exporters. Hang Seng (-0.3%) was choppy amid the continued absence of mainland participants with markets second-guessing whether Chinese authorities will intervene in the event of an Evergrande collapse, while shares in the world’s most indebted developer fluctuated and wiped out an early rebound, although affiliate Evergrande Property Services and other property names fared better after Sun Hung Kai disputed reports of China pressuring Hong Kong developers and with Guangzhou R&F Properties boosted by reports major shareholders pledged funds in the Co. which is also selling key assets to Country Garden. Finally, 10yr JGBs were higher amid the underperformance in Japanese stocks and with the Japan Securities Dealers Association recently noting that global funds purchased the most ultra-long Japanese bonds since 2014, although upside was limited amid softer demand at the enhanced liquidity auction for 2yr-20yr maturities and with the BoJ kickstarting its two-day policy meeting. Top Asian News Richest Banker Says Evergrande Is China’s ‘Lehman Moment’ Hong Kong Tycoons, Casino Giants Find Respite in Stock Rebound Taliban Add More Male Ministers, Say Will Include Women Later Asian Stocks Drop to Lowest Level This Month; Japan Leads Losses European equities (Stoxx 600 +1.1%) trade on a firmer footing attempting to recoup some of yesterday’s losses with not much in the way of incremental newsflow driving the upside. Despite the attempt to claw back some of the prior session’s lost ground, the Stoxx 600 is still lower by around 1.6% on the week. The Asia-Pac session was one characterised by caution and regional market closures with China remaining away from market. Focus remains on whether Evergrande will meet USD 83mln in interest payments due on Thursday and what actions Chinese authorities could take to limit the contagion from the company in the event of further troubles. Stateside, futures are also on a firmer footing with some slight outperformance in the RTY (+1.2%) vs. peers (ES +0.8%). Again, there is not much in the way of fresh positivity driving the upside and instead gains are likely more a by-product of dip-buying; attention for the US is set to become increasingly geared towards tomorrow’s FOMC policy announcement. Sectors in Europe are firmer across the board with outperformance in Oil & Gas names amid a recovery in the crude complex and gains in Shell (+4.4%) after news that the Co. is to sell its Permian Basin assets to ConocoPhillips (COP) for USD 9.5bln in cash. Other outperforming sectors include Tech, Insurance and Basic Resources. IAG (+4.1%) and Deutsche Lufthansa (+3.8%) both sit at the top of the Stoxx 600 as the Co.’s continue to enjoy the fallout from yesterday’s decision by the US to allow travel from vaccinated EU and UK passengers. Swatch (-0.7%) is lagging in the luxury space following a downgrade at RBC, whilst data showed Swiss watch exports were +11.5% Y/Y in August (prev. 29.1%). Finally, National Express (+7.7%) is reportedly considering a takeover of Stagecoach (+21.4%), which is valued at around GBP 370mln. Top European News U.K. Warns of Challenging Few Days as Energy Crisis Deepens Germany Trims Planned Debt Sales as Pandemic Impact Recedes U.K.’s Green Bond Debut Draws Record Demand of $123 Billion Goldman Plans $1.5 Billion Petershill Partners IPO in London In FX, all the signs are constructive for a classic turnaround Tuesday when it comes to Loonie fortunes as broad risk sentiment improves markedly, WTI consolidates within a firm range around Usd 71/brl compared to yesterday’s sub-Usd 70 low and incoming results from Canada’s general election indicate victory for the incumbent Liberal party that will secure a 3rd term for PM Trudeau. Hence, it’s better the devil you know as such and Usd/Cad retreated further from its stop-induced spike to just pips short of 1.2900 to probe 1.2750 at one stage before bouncing ahead of new house price data for August. Conversely, the Swedish Krona seems somewhat reluctant to get carried away with the much better market mood after the latest Riksbank policy meeting only acknowledged significantly stronger than expected inflation data in passing, and the repo rate path remained rooted to zero percent for the full forecast horizon as a consequence. However, Eur/Sek has slipped back to test 10.1600 bids/support following an initial upturn to almost 10.1800, irrespective of a rise in unemployment. NOK/AUD/NZD - No such qualms for the Norwegian Crown as Brent hovers near the top of a Usd 75.18-74.20/brl band and the Norges Bank is widely, if not universally tipped to become the first major Central Bank to shift into tightening mode on Thursday, with Eur/Nok hugging the base of a 10.1700-10.2430 range. Elsewhere, the Aussie and Kiwi look relieved rather than rejuvenated in their own right given dovish RBA minutes, a deterioration in Westpac’s NZ consumer sentiment and near reversal in credit card spending from 6.9% y/y in July to -6.3% last month. Instead, Aud/Usd and Nzd/Usd have rebounded amidst the recovery in risk appetite that has undermined their US rival to top 0.7380 and 0.7050 respectively at best. GBP/CHF/EUR/JPY/DXY - Sterling is latching on to the ongoing Dollar retracement and more supportive backdrop elsewhere to pare losses under 1.3700, while the Franc continues its revival to 0.9250 or so and almost 1.0850 against the Euro even though the SNB is bound to check its stride at the upcoming policy review, and the single currency is also forming a firmer base above 1.1700 vs the Buck. Indeed, the collective reprieve in all components of the Greenback basket, bar the Yen on diminished safe-haven demand, has pushed the index down to 93.116 from 93.277 at the earlier apex, and Monday’s elevated 93.455 perch, while Usd/Jpy is straddling 109.50 and flanked by decent option expiry interest either side. On that note, 1.4 bn resides at the 109.00 strike and 1.1 bn between 109.60-70, while there is 1.6 bn in Usd/Cad bang on 1.2800. EM - Some respite across the board in wake of yesterday’s mauling at the hands of risk-off positioning in favour of the Usd, while the Czk has also been underpinned by more hawkish CNB commentary as Holub echoes the Governor by advocating a 50 bp hike at the end of September and a further 25-50 bp in November. In commodities, WTI and Brent are firmer in the European morning post gains in excess of 1.0%, though the benchmarks are off highs after an early foray saw Brent Nov’21 eclipse USD 75.00/bbl, for instance. While there has been newsflow for the complex, mainly from various energy ministers, there hasn’t been much explicitly for crude to change the dial; thus, the benchmarks are seemingly moving in tandem with broader risk sentiment (see equities). In terms of the energy commentary, the Qatar minister said they are not thinking of re-joining OPEC+ while the UAE minister spoke on the gas situation. On this, reports in Russian press suggests that Russia might allow Rosneft to supply 10bcm of gas to Europe per year under an agency agreement with Gazprom “as an experiment”, developments to this will be closely eyed for any indication that it could serve to ease the current gas situation. Looking ahead, we have the weekly private inventory report which is expected to post a headline draw of 2.4mln and draws, albeit of a smaller magnitude, are expected for distillate and gasoline as well. Moving to metals, spot gold is marginally firmer while silver outperforms with base-metals picking up across the board from the poor performance seen yesterday that, for instance, saw LME copper below the USD 9k mark. Note, the action is more of a steadying from yesterday’s downside performance than any notable upside, with the likes of copper well within Monday’s parameters. US Event Calendar 8:30am: Aug. Building Permits MoM, est. -1.8%, prior 2.6%, revised 2.3% 8:30am: Aug. Housing Starts MoM, est. 1.0%, prior -7.0% 8:30am: Aug. Building Permits, est. 1.6m, prior 1.64m, revised 1.63m 8:30am: Aug. Housing Starts, est. 1.55m, prior 1.53m 8:30am: 2Q Current Account Balance, est. -$190.8b, prior -$195.7b DB's Jim Reid concludes the overnight wrap Global markets slumped across the board yesterday in what was one of the worst days of the year as an array of concerns about the outlook gathered pace. The crisis at Evergrande and in the Chinese real estate sector was the catalyst most people were talking about, but truth be told, the market rout we’re seeing is reflecting a wider set of risks than just Chinese property, and comes after increasing questions have been asked about whether current valuations could still be justified, with talk of a potential correction picking up. Remember that 68% of respondents to my survey last week (link here) thought they’d be at least a 5% correction in equity markets before year end. So this has been front and centre of people’s mind even if the catalyst hasn’t been clear. We’ve all known about Evergrande’s woes and how big it was for a while but it wasn’t until Friday’s story of the Chinese regulatory crackdown extending into property that crystallised the story into having wider implications. As I noted in my chart of the day yesterday link here Chinese USD HY had been widening aggressively over the last couple of months but IG has been pretty rock solid. There were still no domestic signs of contagion by close of business Friday. However as it stands, there will likely be by the reopening post holidays tomorrow which reflects how quickly the story has evolved even without much new news. Before we get to the latest on this, note that we’ve still got a bumper couple of weeks on the calendar to get through, including the Fed decision tomorrow, which comes just as a potential government shutdown and debt ceiling fight are coming into view, alongside big debates on how much spending the Democrats will actually manage to pass. There has been some respite overnight with S&P 500 futures +0.58% higher and 10y UST yields up +1.5bps to 1.327%. Crude oil prices are also up c. 1%. On Evergrande, S&P Global Ratings has said that the company is on the brink of default and that it’s failure is unlikely to result in a scenario where China will be compelled to step in. The report added that they see China stepping in only if “there is a far-reaching contagion causing multiple major developers to fail and posing systemic risks to the economy.” The Hang Seng (-0.32%) is lower but the Hang Seng Properties index is up (+1.59%) and bouncing off the 5 plus year lows it hit yesterday. Elsewhere the ASX (+0.30%) and India’s Nifty (+0.35%) have also advanced. Chinese and South Korean markets are closed for a holiday but the Nikkei has reopened and is -1.80% and catching down to yesterday’s global move. Looking at yesterday’s moves in more depth, the gathering storm clouds saw the S&P 500 shed -1.70% in its worst day since May 12, with cyclical industries leading the declines and with just 10% of S&P 500 index members gaining. There was a late rally at the end of the US trading session that saw equity indices bounce off their lows, with the S&P 500 (-2.87%) and NASDAQ (-3.42%) both looking like they were going to register their worst days since October 2020 and late-February 2021 respectively. However, yesterday was still the 5th worst day for the S&P 500 in 2021. Reflecting the risk-off tone, small caps suffered in particular with the Russell 2000 falling -2.44%, whilst tech stocks were another underperformer as the NASDAQ lost -2.19% and the FANG+ index of 10 megacap tech firms saw an even bigger -3.16% decline. For Europe it was much the same story, with the STOXX 600 (-1.67%) and other bourses including the DAX (-2.31%) seeing significant losses amidst the cyclical underperformance. It was the STOXX 600’s worst performance since mid-July and the 6th worst day of the year overall. Unsurprisingly, there was also a significant spike in volatility, with the VIX index climbing +4.9pts to 25.7 – its highest closing level since mid-May – after trading above 28.0pts midday. In line with the broader risk-off move, especially sovereign bonds rallied strongly as investors downgraded their assessment of the economic outlook and moved to price out the chances of near-term rate hikes. By the close of trade, yields on 10yr Treasuries had fallen -5.1bps to 1.311%, with lower inflation breakevens (-4.1bps) leading the bulk of the declines. Meanwhile in Europe, yields on 10yr bunds (-4.0bps), OATs (-2.6bps) and BTPs (-0.9bps) similarly fell back, although there was a widening in spreads between core and periphery as investors turned more cautious. Elsewhere, commodities took a hit as concerns grew about the economic outlook, with Bloomberg’s Commodity Spot Index (-1.53%) losing ground for a third consecutive session. That said, European natural gas prices (+15.69%) were the massive exception once again, with the latest surge taking them above the peak from last Wednesday, and thus bringing the price gains since the start of August to +84.80%. Here in the UK, Business Secretary Kwarteng said that he didn’t expect an emergency regarding the energy supply, but also said that the government wouldn’t bail out failed companies. Meanwhile, EU transport and energy ministers are set to meet from tomorrow for an informal meeting, at which the massive spike in prices are likely to be discussed. Overnight, we have the first projections of the Canadian federal election with CBC News projecting that the Liberals will win enough seats to form a government for the third time albeit likely a minority government. With the counting still underway, Liberals are currently projected to win 156 seats while Conservatives are projected to win 120 seats. Both the parties are currently projected to win a seat less than last time. The Canadian dollar is up +0.44% overnight as the results remove some election uncertainty. Turning to the pandemic, the main news yesterday was that the US is set to relax its travel rules for foreign arrivals. President Biden announced the move yesterday, mandating that all adult visitors show proof of vaccination before entering the country. Airline stocks outperformed strongly in response, with the S&P 500 airlines (+1.55%) being one of the few industry groups that actually advanced yesterday. Otherwise, we heard from Pfizer and BioNTech that their vaccine trials on 5-11 year olds had successfully produced an antibody response among that age group. The dose was just a third of that used in those aged 12 and above, and they said they planned to share the data with regulators “as soon as possible”. Furthermore, they said that trials for the younger cohorts (2-5 and 6m-2) are expected as soon as Q4. In Germany, there are just 5 days left until the election now, and the last Insa poll before the vote showed a slight tightening in the race, with the centre-left SPD down a point to 25%, whilst the CDU/CSU bloc were up 1.5 points to 22%. Noticeably, that would also put the race back within the +/- 2.5% margin of error. The Greens were unchanged in third place on 15%. Staying with politics and shifting back to the US, there was news last night that Congressional Democratic leaders are looking to tie the suspension of the US debt ceiling vote to the spending bill that is due by the end of this month. If the spending bill is not enacted it would trigger a government shutdown, and if the debt ceiling is not raised it would cause defaults on federal payments as soon as October. Senate Majority Leader Schumer said the House will pass a spending bill that will fund the government through December 3rd and that the “legislation to avoid a government shutdown will also include a suspension of the debt limit through December 2022.” Republicans may balk at the second measure, given that it would take the issue off the table until after the 2022 midterm elections in November of that year. There wasn’t a great deal of data out yesterday, though German producer price inflation rose to +12.0% in August (vs. +11.1% expected), marking the fastest pace since December 1974. Separately in the US, the NAHB’s housing market index unexpectedly rose to 76 in September (vs. 75 expected), the first monthly increase since April. To the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD will be publishing their Interim Economic Outlook. Tyler Durden Tue, 09/21/2021 - 07:45.....»»

Category: blogSource: zerohedgeSep 21st, 2021

Photo shows Brazil"s unvaccinated president eating pizza on a sidewalk in NYC, where unvaccinated people are barred from dining indoors

Jair Bolsonaro and his Brazilian delegation arrived in New York City on Sunday ahead of the UN General Assembly, which begins Tuesday. Brazilian President Jair Bolsonaro (third from left) eating pizza on a New York City street. INSTAGRAM/ @GILSONMACHADONETO via Reuters Jair Bolsonaro, the only unvaccinated G20 leader, is in New York City for the UN General Assembly. Bolsonaro and his delegation were pictured eating pizza on a sidewalk on Sunday night. NYC currently bars unvaccinated diners from eating inside restaurants. See more stories on Insider's business page. Brazilian President Jair Bolsonaro, who has refused to be vaccinated against COVID-19, was pictured eating pizza on a New York City sidewalk Sunday as the city has barred unvaccinated diners from eating inside restaurants.Bolsonaro, the only G20 leader who hasn't been vaccinated, was in the city ahead of the UN General Assembly, which starts on Tuesday.Early Monday, Brazilian minister for tourism Gilson Machado Neto posted images of Bolsonaro - third from left, wearing a beige shirt - and several other members of his delegation eating pizza on Instagram. The caption read: "Let's go for pizza with Coca Cola." A post shared by Gilson Machado Neto (@gilsonmachadoneto) While proof of vaccination is required for indoor businesses in New York City, the UN has effectively permitted unvaccinated delegates to attend the General Assembly by not policing vaccination status.Bolsonaro has repeatedly refused to get vaccinated, saying in November that it was his right not to.He also said last week when discussing his speech at the UN General Assembly: "Why would I get vaccinated? ... Once everyone has been vaccinated, I'll decide my future."On Monday, Mayor Bill de Blasio of new York City retweeted an article about Bolsonaro's al fresco meal, and with it shared a link to the city's vaccine portal.Read the original article on Business Insider.....»»

Category: worldSource: nytSep 21st, 2021

10 Things in Politics: Showdown looms to keep the government open

And Justin Trudeau is projected to remain Canada's prime minister. Welcome back to 10 Things in Politics. Sign up here to receive this newsletter. Plus, download Insider's app for news on the go - click here for iOS and here for Android. Send tips to bgriffiths@insider.com or tweet me at @BrentGriffiths.Here's what we're talking about:Mitch McConnell says GOP will vote for US to default on its debtJustin Trudeau projected to remain prime minister of CanadaDHS investigating 'extremely troubling' images of border agents on horseback chasing migrantsWith Phil Rosen. Senate Minority Leader Mitch McConnell and House Speaker Nancy Pelosi. Alex Wong/Getty Images; Kevin Dietsch/Getty Images 1. SHOWDOWN ON CAPITOL HILL: The White House and congressional Democrats are playing hardball. With two key deadlines looming, top leaders say they will combine legislation that would avoid a government shutdown next month and suspension of the debt limit, the latter of which would avoid the federal government defaulting on its bills. Their move essentially dares Republicans to vote to tank the US economy by blocking the forthcoming bill. For now, Senate Minority Leader Mitch McConnell isn't backing down.Here's a look at where things stand:Top Republicans have long warned they won't raise the debt ceiling: McConnell repeated his opposition to such a move - which amounts to allowing the government to pay its existing bills - even if it meant shutting down the government. He has called for Democrats to raise the debt ceiling on their own through a special budget process. But Democrats don't want to do that, per The Washington Post, because it would require taking a politically difficult vote.Democrats say this is hypocrisy: They note that the national debt grew nearly $8 trillion under President Donald Trump - chiefly on the back of GOP tax cuts and bipartisan emergency coronavirus-related spending packages. Republicans supported raising the debt ceiling three times during the Trump administration.Time is running out: The government is expected to run out of money October 1. It's more difficult to predict when the government would default on its debt, but Treasury Secretary Janet Yellen has told lawmakers that time-buying measures her department had taken would run out in early October as well.Yes, you've seen this movie before: President Joe Biden and McConnell played major parts in it too. Spurred on by the tea-party movement, Republicans sought to use raising the debt ceiling as a political cudgel against the Obama White House in 2011. The two sides eventually reached a deal that liberals continue to loathe, but the process of going to the brink came at the cost of an embarrassing credit downgrade.Read more about where things stand as deadlines loom for lawmakers.2. Legal experts are poking holes in a Trump-era special prosecutor's case against a Clinton campaign lawyer: The special counsel John Durham's indictment of Michael Sussmann, a cybersecurity lawyer at a firm with deep Democratic ties, marked his first overt sign of activity in months. Legal experts aren't impressed. They see the case against Sussmann as unusually - even remarkably - thin. It's likely to face significant hurdles at trial. One of the issues is that the charge rests on the testimony of a single witness. Canadian Prime Minister Justin Trudeau. DAVE CHAN/AFP via Getty Images 3. Justin Trudeau is expected to remain prime minister: Trudeau's decision to force a Canadian snap election is projected to yield mixed results, handing the prime minister a third term but without his party retaking a majority in Parliament. Some said Trudeau's decision to call a federal election early was a bid to retake the majority. More on the Canadian election results.4. DHS says it's investigating "extremely troubling" images at the border: Federal officials pledged to formally look into photos and videos of agents on horses pushing back against migrants at the US-Mexico border, the Associated Press reports. Amid concerns that some of the agents appeared to be brandishing whips, Homeland Security Secretary Alejandro Mayorkas told reporters the straps were long reins to help control the agents' horses. The White House press secretary, Jen Psaki, called the footage "horrific." Top officials say the US has deported more than 6,000 Haitians and other migrants from a Texas border town, vowing swift action for people who cross the US border illegally.Drone videos show thousands of Haitian migrants trying to enter the US: Insider 5. Texas doctor sued in the first major test of the state's abortion ban: An Arkansas man is suing a doctor who recently performed an abortion in Texas after six weeks of pregnancy, an act now considered illegal under a new state law. Dr. Alan Braid of San Antonio wrote an op-ed article in The Washington Post explaining his decision to defy the law. Oscar Stilley, a former lawyer disbarred on charges of tax evasion and conspiracy in 2010, filed the suit after reading a news report about Braid's article. ​​The lawsuit presents the first publicized legal challenge to Texas' new abortion restrictions.At least one antiabortion group isn't happy: Texas Right to Life, an antiabortion group, slammed "self-serving legal stunts," telling The Post that Braid's article was written to gin up lackluster challenges. Stilley told the paper he was not against abortion.6. Pfizer says its shot is safe and likely to be effective for children: The drugmaker and its partner BioNTech said their COVID-19 vaccine generated a promising immune response in a trial in kids ages 5 to 11. The companies said they planned to submit their data to the Food and Drug Administration "as soon as possible." That could make their COVID-19 shot the first authorized for use in younger children.7. More Americans have died of COVID-19 than died in the 1918 flu pandemic: "Despite all the scientific and medical advances of the past 103 years, the Covid-19 pandemic has now killed more Americans than the 1918 flu pandemic did," CNN wrote. More than 675,000 people are estimated to have died from COVID-19. Here are some of the major differences between the pandemics.8. FBI declares the home of Brian Laundrie's parents a crime scene: Authorities began searching the Florida home of Laundrie's parents just one day after a body believed to be that of Laundrie's fiancée, Gabby Petito, was found. Authorities continue to search for Laundrie, who disappeared in recent days. The latest on the case.Related: Here is a timeline of Gabby Petito's trip that ended in his disappearance9. Dow falls over 600 points over China-related worries: Stocks cratered Monday amid fears about the extent of a debt crisis for China's second-largest property developer. Anxiety about congressional action over the debt ceiling didn't help matters either. Evergrande, the Chinese company, is highly leveraged and is facing a $7 billion crunch over the next year. Here's everything you need to know about why Wall Street is worried about a Chinese real-estate company. Screenshot/TikTok - @emilyzugay 10. Major brands and companies are embracing a TikTok creator's mock logos: Emily Zugay, a 24-year-old pet-portrait artist from southeastern Wisconsin, told Insider in an email that she used Adobe Illustrator to make "repulsive but believable" designs so that "even folks who don't know basic design principles would know that they are downright awful." Take a look at the designs used by TikTok, NASCAR, Tinder, and Tampax.Today's trivia question: Benedict Arnold committed treason on this day in 1780. Before his treachery, he played a major role in the American Revolution's turning point. There's even a monument dedicated to his service during the Battles of Saratoga, though it does not directly name him. What does the monument depict? Email your guess and a suggested question to me at bgriffiths@insider.com.Yesterday's answer: The USS Constitution is the oldest commissioned ship in the US Navy - that's because naval officers and crew members still serve aboard the vessel first launched in 1797. Six ships were commissioned largely because of French aggression that led to the Quasi-War.Read the original article on Business Insider.....»»

Category: worldSource: nytSep 21st, 2021

The CDC"s new mask guidance is confusing for frontline retail workers and turns them into the "vaccination police," a leading union says

The UFCW said the CDC guidance, allowing vaccinated people indoors without masks, could turn frontline staff into the "vaccination police." A woman wearing a mask moves her shopping cart December 3, 2020 in a Trader Joe's supermark.....»»

Category: topSource: businessinsiderMay 14th, 2021

A US Army officer who has taken all other military-mandated vaccines says he is resigning instead of getting the COVID vaccine

In a resignation letter, he criticized vaccine mandates, as well as lockdowns, failures in Afghanistan, and the "Marxist takeover of the military." US Army nurse administers COVID-19 vaccine at Fort Meade in Maryland. US Army photo An Army officer has decided to resign rather than take the COVID vaccine mandated by the military. Lt. Col. Paul Douglas Hague said on Fox News that he has had all other vaccines, but he won't get the one for COVID. The CDC and other medical experts have argued that the COVID vaccines are safe and effective. See more stories on Insider's business page. A US Army officer who has received all other vaccines mandated by the Department of Defense has decided to resign after 18 years of service rather than take the COVID shot, though that is not his only complaint."I don't want the COVID vaccine, and I don't plan on getting it," Lt. Col. Paul Douglas Hague told Fox News' Sean Hannity on Wednesday. "I've had all the other Army vaccines. I've had eight anthrax shots. I've had the smallpox vaccination. I've had them all.""So it's really not about whether I'll get the shot," he continued."This is about the freedom of the American people," Hague explained. "The right to choose your own medical procedures. The right to decide what's gonna be injected into your body and what's not. That's a natural human right that we can't take away from people. And I swore an oath to protect and defend the Constitution which affords those rights to the Americans."US military members do not have the right to reject mandated vaccines and still serve. These requirements are based on the military's experience that diseases can be as big a threat to troops as the enemy. Still, there are certain religious exemptions, among others.Hague's decision, which comes just two years from retirement and will cost him his pension and other benefits, made waves last week when his wife posted his resignation letter on Twitter.-Katie Phipps Hague (@AtTheHague) September 9, 2021"I am incapable of subjecting myself to the unlawful, unethical, immoral, and tyrannical order to sit still and allow a serum to be injected into my flesh against my will and better judgement," Hague wrote in his letter, a partial response to the Pentagon's COVID vaccine mandate.Secretary of Defense Lloyd Austin sent a memo in late August requiring military personnel to get the vaccine after its full FDA approval, emphasizing it was necessary for a "healthy and ready force.""After careful consultation with medical experts and military leadership, and with the support of the President, I have determined that mandatory vaccination against coronavirus disease 2019 (COVID-19) is necessary to protect the Force and defend the American people," he said.In his resignation letter, Hague also lamented lockdowns in response to the virus, said he had a "complete lack of confidence" in the Biden administration after failures in Afghanistan, and criticized what he sees as a "Marxist takeover of the military."While the COVID vaccines developed by Pfizer, Moderna, and Johnson & Johnson, along with other response measures like masks and lockdowns, have proven to be divisive issues in the US, the Centers for Disease Control and Prevention, as well as outside medical experts, continue to push for these in order to reduce the virus' spread and severity, which is claiming an average of more than 2,000 lives each day, largely among unvaccinated people.The CDC has stressed that "COVID-19 vaccines are safe and effective," notes that millions of people have received the shot, and encourages everyone ages 12 and up to get the vaccine.Read the original article on Business Insider.....»»

Category: worldSource: nyt1 hr. 15 min. ago

26 of the best beach houses on Airbnb in the US where the sand is just steps away

These are the best Airbnb beach house rentals in the US, from an oceanfront Malibu home in California to a condo on the water with a pool in Florida. When you buy through our links, Insider may earn an affiliate commission. Learn more. Airbnb Beach vacations are always top of mind for a relaxing, warm-weather getaway. Many Airbnbs are found along the best beaches in the US, with direct beachfront or private access. From Malibu to Cape Cod, these are the best beach homes on Airbnb, from $100 to $650 per night. Table of Contents: Masthead StickyAirbnbs with beachfront access continue to rank among the most searched for filters on the vacation rental platform.After all, who doesn't want to wake up to the sound of waves crashing right outside their back porch, or take a moonlit stroll along the sand after the sun goes down? Though, if you'd prefer to cool off in an Airbnb with a private pool instead, we have plenty of options for that, too. And if hotels are more your thing, here are the best beach hotels in the US.If a beach vacation is on your mind, from sea to shining blue sea there's no shortage of beautiful Airbnb beach houses across the US.Browse all Airbnb beach houses below, or jump to a specific area here:The best Airbnb beach houses in the NortheastThe best Airbnb beach houses in the SouthThe best Airbnb beach houses in the WestFAQ: Airbnb beach housesHow we selected the best beach houses on AirbnbFind more great beach house rentalsThese are the best Airbnb beach houses, sorted by region and price from low to high. BI Charming beachfront cottage on the Jersey Shore This cottage's private back deck leads straight to the beach. Airbnb Book this New Jersey beach home on AirbnbTypical starting price: $270Town: Cape MaySleeps: 2 guests/1 bedroomRating: 4.93Set along one of the Jersey Shore's most charming seaside towns, Cape May, this cozy bayfront cottage with one bedroom is best suited for couples and solo travelers, though it is also pet-friendly.It's important to note, this is a two-family home and while this space is completely private and uses a separate entrance, the other side of the house is occupied, which might not work for some guests. You are also required to bring your own linens to fit the Queen-sized bed.The location, however, is unparalleled and you'll love spending time on the private back deck, which includes a hammock and leads directly out to the beach. The front porch with chairs and an umbrella adds additional space for enjoying the sea breeze.Inside, the decor is simple but includes a red leather couch, an all-white kitchen with a dining table for two, and ocean photos in the bedroom.  Beach suite in Massachusetts This lovely beachfront suite includes beach passes and options for in-house massages and whale watching excursions. Airbnb Book this Massachusetts beach home on AirbnbTypical starting price: $299Town: GloucesterSleeps: 2 guests/1 bedroomRating: 4.98The charming seaside town of Gloucester, pronounced Glah-Sta, in coastal New England comes alive in the summertime. From long walks on a private beach to romantic dinners on the deck, this one-bedroom beachside retreat will make a great getaway for couples. Not only does the property come with a beachfront location, but beach passes are included, which would otherwise run between $25 to $30 per day. You may also book add-ons like in-house massages and whale watching expeditions directly with the host.While this is a separate guest suite with its own private entrance, the entire cottage consists of three units that are each rented separately. Though, you can combine listings to book the entire property.  Home by the sea in Maine Take in over 175 feet of mesmerizing oceanfront views from the roof deck. Airbnb Book this Maine beach house on AirbnbTypical starting price: $350Town: YorkSleeps: 4 guests/2 bedroomsRating: 4.94Just one hour north of Boston and one hour south of Portland, Maine, the Little Sea Star Castle is tucked away along Nubble Point in York Beach, Maine. One of 12 oceanside cottages within the LightHouse Village Colony, the house is set on nearly two acres with over 175 feet of oceanfront splendor with sunny, southern exposure and rugged rocky coastlines.The cottage offers plenty of space to lounge. A roof deck has panoramic views over the ocean, and the lawn has Adirondack chairs and a picnic table for outdoor dining. The kitchen has everything needed to make yourself at home, and beachy accents like starfish pillows and mini sailboats on the dressers keep the home on theme.The location is stellar, among scenic walking trails along the water. Bayfront oasis in Maryland Bayfront views are a captivating sight, and available throughout the home. Airbnb Book this Ocean City beach house on AirbnbTypical starting price: $395Town: Ocean CitySleeps: 5 guests/2 bedroomsRating: 4.92Offering uninterrupted bayfront views, this cozy townhome in Ocean City, Maryland is the ideal locale for your beach vacation. Sip morning coffee on the private balcony, enjoy steamed crabs on the large bayfront deck, or kick back with a cocktail and watch the sunset from the living room. The layout is an open-living concept with a master bedroom upstairs with a private balcony and a King-size bed. The second bedroom has a Queen bed and there's also a beige striped sectional couch that converts to a bed in the living room. Wicker furniture and deep blue quilts give this home a subtle beach vibe.Located on a corner lot of the bay, the owner is explicit that this is not meant for partiers or large group gatherings. If you're looking for a chill and relaxing beach getaway, this is the place for you. Beachfront home with bay views in Delaware Each room in this coastal home features scenic water views. Airbnb Book this Delaware beach home on AirbnbTypical starting price: $425Town: MiltonSleeps: 6 guests/4 bedroomsRating: 5.0Featuring both beachfront and bay views, this spacious four-bedroom, three-bathroom home in the quiet community of Broadkill Beach in Milton, Delaware offers unobstructed water views from almost every room. The home features a coastal design with plenty of natural light and soft tones. The well-equipped kitchen has unique tiling, a large island, and turquoise bar stools for grabbing a quick bite or enjoying a cup of coffee.One room includes bunk beds decked out in comforters with a cute whale pattern for kids. The location is peacefully quiet and primed to enjoy beautiful sunrises over the bay. Large oceanfront house with great views in Maine Luxury finishes couple with panoramic ocean views at this delightful property. Airbnb Book this Maine beach house on AirbnbTypical starting price: $613Town: SacoSleeps: 8 guests/2 bedroomsRating: 4.71If luxury finishes and panoramic views of the ocean sounds like your kind of vibe, then consider this oceanfront haunt in Saco, Maine. Enjoy coffee or wine from the upstairs balcony before taking a walk along Ferry Beach or Camp Ellis Pier.Ideal for bigger groups, the listing has two bedrooms and common spaces that sleep up to eight people. Though, the standout draw is no doubt the beachfront location and gorgeous water views, along with the surrounding quiet community. The home offers the chance to catch particularly stunning sunrises and sunsets.Other perks include a Smart TV with Netflix, beach chairs, and free parking included in the stay, as well as a digital guidebook handy for helping guests explore the area. Chic beachfront cottage in New York's North Fork of Long Island A minimalist interior style creates a tranquil ambiance. Airbnb Book this North Fork beach home on AirbnbTypical starting price: $650Town: RiverheadSleeps: 5 guests/2 bedroomsRating: 4.96Set on a secluded stretch of Long Island's illustrious North Fork, this two-bedroom beachfront cottage is a great place to hang by the beach or go wine tasting at one of the area's many charming vineyards.Wander along the private beach path or open up the floor-to-ceiling glass sliders that lead to a picturesque deck to dine at the picnic-style outdoor table, or relax on the plush lounger. An Airbnb Plus listing, the cottage's chic palette features crisp, minimalist whites and neutrals, creating a sense of serene seaside solitude for a quiet getaway. After a walk on the sand, rinse off in the outdoor shower while savoring water views. BI Cozy home on the North Carolina shore The nautical-themed living room has a picturesque balcony overlooking the ocean. Airbnb Book this North Carolina beach home on AirbnbTypical starting price: $100Town: North Topsail BeachSleeps: 6 guests/1 bedroomsRating: 4.91A cute condo directly on North Topsail Beach in North Carolina, this is a great option for couples or small families looking for a low-key beach getaway. The bedroom has a Queen bed and there are also Twin bunk beds built directly into the hallway.Completely renovated in 2020, the apartment has a nautical-beach theme with soft blue and yellow hues, and big living room windows frame beach views. You can also head out to the balcony for a closer look. Bright colors and floral decor give this home a warm, welcoming vibe, and a seashell bed quilt and striped bar stools at the eating nook add additional beach flair. Oceanfront condo with a pool in Florida Beachy accents like a mermaid statue and marine-inspired colors set a scene that creates a real sense of place. Airbnb Book this Florida beach home with a pool on AirbnbTypical starting price: $132Town: Cape CanaveralSleeps: 4 guests/1 bedroomRating: 4.95Serenity awaits at this casual oceanfront condo in Florida's Cape Canaveral. Set on a beautiful private beach, this Airbnb Plus stands out for its whimsical decor and thoughtful amenities, which include blues of every hue from the turquoise velvet armchair to the robin's egg backsplash in the kitchen. A mirror made out of oars, a mermaid statue, and an octopus painting over the couch are all fun touches for a beach home.This is also a great place to spend your time kayaking, paddle boarding, or enjoying some much-needed downtime just lounging on the beach or pool, which are both just a few steps away. Within minutes of downtown Port Canaveral and the iconic Cocoa Beach Pier, there's plenty to do right nearby. Ocean and bay view beach house in Texas The Bolivar Flats, Anahuac national wildlife refuge, and the Smith Oak sanctuary are all nearby and great for birdwatching. Airbnb Book this Texas beach home on AirbnbTypical starting price: $130Town: Bolivar PeninsulaSleeps: 6 guests/2 bedroomsRating: 4.97Located on the bayside of the Bolivar Peninsula on Texas' Gulf Coast, this home offers one bedroom and a lofted room, plus plenty of views of both the Gulf of Mexico and East Bay. It's also just a few miles away from popular bird-watching areas including Bolivar Flats, Anahuac national wildlife refuge, and the Smith Oak sanctuary.Bright and airy, this house is perched on stilts, and underneath, you'll have a grill and a private sitting area. However, the wraparound porch is likely where you'll spend the bulk of your time, soaking in the view from the wooden Adirondack chairs.Inside isn't bad either, with soaring pitched ceilings, a big blue sectional sofa, and marble countertops and bar stools in the kitchen. Waterfront beach bungalow in North Carolina This homey bungalow has its own private beach. Airbnb Book this North Carolina beach home on AirbnbTypical starting price: $145Town: JarvisburgSleeps: 4 guests/1 bedroomRating: 4.94Relax on your own private beach or hop in a kayak and explore miles of pristine, undeveloped beaches and cypress tree-filled coves from this bungalow in Jarvisburg, North Carolina set at the confluence of the North River and the Albemarle Sound.The home is pet-friendly, and the bedroom offers a Queen sized bed as well as a futon for extra guests if you don't mind the squeeze.While not exactly modern, the bungalow has a homey vibe with string lights along the ceiling, a bright desk and bookcase, and purple cushions on the futon. The location is tranquil and fun amenities include a charcoal grill and outdoor fire pit. The house is only 15-minutes away from unspoiled shorelines and the beaches of the Outer Banks. Home overlooking the sound in North Carolina The spacious home's dock makes it easy to get out on the water. Airbnb Book this North Carolina beach home on AirbnbTypical starting price: $157Town: HertfordSleeps: 10 guests/4 bedroomsRating: 4.69Step into the backyard of this spacious home on the Albemarle Sound and you'll find nothing but peace and tranquility. Located in a quiet neighborhood in Hertford, North Carolina, the house is nice for bigger families or groups of friends.Start and end your day on the dock, which comes with a bench to sit and watch the sunrise. Apart from the views directly overlooking the sound, highlights include the coffee bar in the kitchen, a gas log fireplace in the living room, and a fully covered and screened-in porch for enjoying home-cooked barbecue from the grill.The house also comes with a washer/dryer and high-speed Wi-Fi. Chesapeake Bay beach cabin in Virginia The decor is simple with a subtle ocean theme. Airbnb Book this Virginia beach home on AirbnbTypical starting price: $199Town: NorfolkSleeps: 6 guests/3 bedroomsRating: 4.95A brand new beach cabin on the Chesapeake Bay, this spacious home is steps from the beach.During the warm months, watch the sailing regattas from the balcony on Wednesday and Sunday evenings, or walk to nearby Ocean View Beach Park to listen to live music.The decor is simple but useful, with wicker furniture accents, ocean-themed artwork, wood floors, and a big kitchen. A plaid couch and floral armchair are comfy spots to relax, though they may feel a bit dated. A patio out back adds additional hangout space. A rustic cottage in Florida This cottage has a large outdoor deck with a fire pit and access to a secluded beach. Airbnb Book this Florida cottage on AirbnbTypical starting price: $275Town: St.Augustine Sleeps: 2 guests/1 bedroom Rating: 4.90The pinewood interior and absence of electronic appliances bring an old-fashioned feel to this cottage. The cottage was originally built in 1946, but each room has been remodeled since except for the corner kitchen. The master bedroom has a plush Queen-size bed where you can fall asleep to the sounds of nearby waves crashing. Although you won't find a TV or phone, there are various ways to indulge in this home's rustic charm. A large outdoor deck overlooks an uncrowded beach and has a fire pit for chilly nights. Visit in summer and you may catch a glimpse of the sea turtles that dwell by the deck. Waterfront nest cottage in Mississippi Lounge on the spacious front porch for stunning views of the Gulf of Mexico. Airbnb Book this Mississippi beach house on AirbnbTypical starting price: $279Town: Long BeachSleeps: 4 guests/2 bedroomsRating: 4.97Set on the Mississippi Gulf Coast on ever-popular Long Beach, this waterfront cottage features breathtaking views over the Gulf of Mexico from its spacious front porch and has direct beach access.The two bedrooms can easily accommodate up to six people and inviting outdoor wicker furniture is framed by idyllic views.Inside, modern interiors include a spacious kitchen with marble countertops, soaking tubs in the bathrooms, and living room couches that face the water.  Pet-friendly oceanfront condo with pool access in South Carolina Staying here comes with access to a community pool, beaches, and bike rentals. Airbnb Book this South Carolina beach home on AirbnbTypical starting price: $261Town: Saint Helena IslandSleeps: 6 guests/2 bedroomsRating: 4.97Watch dolphins from the private balcony, walk to the beach, or laze the day away by the pool —  this oceanfront condo in South Carolina offers it all.Located in a private community just a stone's throw from one of the state's most beguiling beaches at Hunting Island State Park, the area offers miles of unspoiled beaches and is frequented by birders and nature lovers for some of the best animal sightings in the area.This second-floor condo offers one Queen bedroom and a second bedroom with a Twin bed. Guests have access to the community pool, beach, and two bikes. The unit also comes with a washer and dryer and is great for families with pets looking for a low-country getaway. Oceanfront condo in South Carolina Enjoy access to a private fishing pier, a community pool, and a pretty South Carolina beach. Airbnb Book this South Carolina beach house on AirbnbTypical starting price: $291Town: Isle of PalmsSleeps: 4 guests/1 bedroomsRating: 4.98Watch the waves roll in as you enjoy your morning coffee on the private terrace from this modern Isle of Palms condo in South Carolina. Newly renovated, this third-floor condo is especially nice for families with young children since it offers a King-size bed in the master and a bunk bed in the hallway. The decor is tasteful but beachy with coral pillows, a gray sofa, velvet armchairs, and a modern kitchen has a funky blue stone backsplash.The building has easy access to the beach and a private fishing pier, as well as a community pool and coin laundry facility.  Spacious beach house in South Carolina This expansive home is perched on half an acre on Port Royal Sound with private beach access. Airbnb Book this Hilton Head beach house on AirbnbTypical starting price: $332Town: Hilton HeadSleeps: 10 guests/3 bedroomsRating: 4.85Located on half an acre along Port Royal Sound, this three-bed, four-bath manse is capable of sleeping up to 10 people. Adjacent to a 40-acre nature preserve, staying here comes with direct views over the sound, plus private access to the beach. With an expansive, well-groomed yard for playing or relaxing under large oak trees covered in Spanish Moss, the house is also open to those looking to host a small, picture-perfect wedding or retreat with the beach and ocean as the backdrop.If this home is booked up, consider our other picks for the best vacation homes on Hilton Head Island. Beach house on a private island in South Carolina Escape to your very own private island off of Hilton Head with a beach all to yourself. Airbnb Book this private island beach house on AirbnbTypical starting price: $589Town: Hilton HeadSleeps: 6 guests/3 bedroomsRating: 4.94Instead of renting a regular old cottage on the beach, opt to claim your own private island here on Old House Cay. Accessible only by boat, this is as secluded and off-the-grid as it gets.Just a 10-minute ride away from neighboring Hilton Head Island in South Carolina, the home is part of a series of private islands that you'll have all to yourself over your stay. Experience everything from boating, fishing, and kayaking to simply lounging around the island and going for long beach walks. As far as getting around, the owners will take you and your guests back and forth from Hilton Head on their private boat as needed.Accommodations include a large, multi-story home with gorgeous wood floors, high ceilings, a modern kitchen, and a big blue dining table with room for the whole crew. All wood walls give it a hint of a cabin feel, while bright pillows and quilts add pops of color. A wooden deck with a fire pit out front is a lovely place to relax or make s'mores into the evening.  BI Beachfront condo in Southern California The beach is only a few steps away from this quaint second-floor condo. Airbnb Book this California beach house on AirbnbTypical starting price: $283Town: CarlsbadSleeps: 3 guests/1 bedroomRating: 4.90Open your door and step directly onto the sand at this charming beachfront condo in Carlsbad, California, near San Diego. Within walking distance to Carlsbad Village, this home is close to restaurants and boutiques, with a cozy set-up that is best suited to solo travelers and couples. The two-story condo unit is on the ground floor and features a brick fireplace, a small dining table and kitchen, a blue sofa with colorful pillows, and a private balcony with a table and chairs that overlook the ocean, which is just a few feet away. Beach house on a cove in Oregon A backyard trail leads to Shelter Cove where orcas often reside. Airbnb Book this Oregon beach house on AirbnbTypical starting price: $275Town: Port OrfordSleeps: 6 guests/3 bedroomsRating: 4.91Set on a cul-de-sac in the quiet neighborhood of Port Orford along the Oregon coast, this three-bedroom beach house is protected by old-growth forest and faces a cove where orcas are known to stay and take shelter.With gorgeous bay windows and total privacy within the neighborhood, along with private beach access and unobstructed views of the Lighthouse at Cape Blanco, it's tough to beat the spectacular setting. A private trail off the backyard takes you directly to Shelter Cove.The house itself offers big windows for a light and airy feel, with neutral colors of grays and creams, huge bedrooms, and a porch with a dining table, as well as a small fire pit in the yard. Cozy ocean view cabin in Northern California Breathe in the ocean air and spend time whale watching from this cliffside cabin. Airbnb Book this California beach house on AirbnbTypical starting price: $300Town: TrinidadSleeps: 5 guests/2 bedroomsRating: 4.97Tucked away in verdant Patrick Point State Park in northern California, this rustic two-bedroom cabin has incredible ocean views amid a lush forest. Top-rated features include the oversized hot tub, a picnic area overlooking the ocean, and a fire pit for roasting marshmallows after a long day. The yard offers ample space and lucky guests might even spot whales from the Adirondack chairs perched atop the lawn.The house is set on steep cliffs, which means you'll have phenomenal views, but won't be able to walk right out onto the beach. Instead, you will have to wind your way down to the shores below. Oceanview apartment in Northern California This cliffside home offers romantic views of the Pacific Ocean and Black Sands Beach. Airbnb Book this Northern California beach house on AirbnbTypical starting price: $348Town: WhitethornSleeps: 3 guests/1 bedroomRating: 4.92Overlooking the Pacific and Black Sands Beach, this one-bedroom cliffside home is lovely for a romantic trip.Inside, you'll find a private entrance and a wrap-around deck. The bedroom has a California King bed, plus a modern kitchen, bathroom, and a living room with a fireplace. There is even a private hot tub that directly faces the ocean.Take the trail from the home leading to the beach or walk or bike to any of the nearby beaches, restaurants, cafes, bars, and golf courses. The owner notes that you will need a car to get around and this home has a strict no pets policy and isn't suitable for young children. Posh beachfront apartment in Malibu This charming home has a sun-drenched interior, airy open-plan layout. Airbnb Book this Malibu beach home on AirbnbTypical starting price: $514Town: MalibuSleeps: 2 guests/1 bedroomRating: 4.99This sweet one-bedroom Airbnb Plus listing is well-placed on the iconic shores of Malibu for sweeping, dramatic views that feel plucked from a Nicholas Sparks novel.Light and airy, this seaside haven is impeccably decorated with pristine white fixtures that stand out against natural wood floors and beams. Unique details like a small, wire Eiffel Tower perched on an antique desk and old framed letters and clippings add whimsical charm.Fall asleep to the sound of ocean waves after enjoying drinks on the deck as you catch a sunset. Just know that this home is incredibly popular and tends to book almost a year in advance. Pacific Ocean beachfront home in Encinitas, California Pacific Ocean views abound from every room. Airbnb Book this Californian beach home on AirbnbTypical starting price: $516Town: EncinitasSleeps: 4 guests/2 bedroomsRating: 4.90This beach home wows right away with its stunning panoramic ocean views, available throughout the house. However, they're especially impressive from the open plan living room thanks to its arched beam ceilings that make the space feel airy and breezy.The unobstructed views are also sure to dazzle from the multiple patios, which come with a grill, lounge chairs, an outdoor shower, and a private stairway leading to the sand.The amenities are also nicely appointed, with a  fireplace, full kitchen with a wine fridge, and multiple bedrooms, some of which lead directly to the terrace.  Pet-friendly beach cottage with amazing views in Oregon This contemporary home has an outdoor shower, a gas fireplace, and a great balcony. Airbnb Book this Oregon beach cottage on AirbnbTypical starting price: $599Town: Cannon BeachSleeps: 5 guests/2 bedroomsRating: 4.98This modern beachfront home in beautiful, iconic Cannon Beach, Oregon has easy beach access just 100 feet from the front door. Inside, large picture windows offer unobstructed ocean views and a gas fireplace makes for a cozy spot. The outdoor shower is a nice way to rinse away sand after a beach day and the outdoor balcony is a great place to savor the sweeping views. At night, have a bonfire with s'mores in the yard.The pet-friendly home is located on a quiet residential street with free street parking and is within easy access of plenty of shops, grocery stores, and restaurants. FAQ: Airbnb beach houses Where is the best place to rent a beach house?The best place to rent a beach house depends on the type of beach and vacation you prefer. For year-round warm weather, look to places like Florida or Southern California.For the classic New England look of windswept beach grass, large dunes, and shingled cottages, you'll find great homes in places like Maine, Massachusetts, Connecticut, Rhode Island, and the Jersey Shore. For something posh, try the Hamptons.Bluer waters and warmer temps of course will be found within the South or West Coast, and the West Coast offers stunning scenery from California up to Oregon and Washington.How do I search for a beach house on Airbnb?You can specifically search for a beach house on Airbnb. First, input your preferred location and dates, then select More Filters, and refine results to only show beachfront homes by selecting the box that says Beachfront under Amenities.What should I look for in an Airbnb?Sorting through the vast array of homes available on Airbnb can be tough. Consider using criteria similar to what we use, which includes looking at the average rating, as well as reading up on recent reviews to ensure the home is still in top shape. Look for Superhosts and consider sorting by Airbnb Plus or Airbnb Luxe if you want a higher-end stay that's been vetted for exceptional amenities, decor, and hosting. Of course, for a beach getaway, location will be key. Be sure to look on the map and ensure before booking that the home is actually close to the beach. You don't want to arrive only to find out you actually need to take a 30-minute car ride before your toes can hit the sand. Is Airbnb safe?We strongly encourage following guidelines and advice from leading health organizations including the CDC and following local and state laws before planning a vacation of any kind. You should also be proactive when it comes to wearing a mask, washing your hands frequently, and maintaining social distancing no matter where you go.However, the CDC now recommends domestic travel as safe for fully vaccinated individuals.Experts also say that booking an entire home rental is one of the safest options for travelers right now because they eliminate encounters with others outside your traveling party, and because Airbnb mandates Enhanced Clean protocols that all hosts must now follow. What is Airbnb's cancellation policy?Cancellation policies on Airbnb differ from home to home and are set by each individual host. You can find a full breakdown of Airbnb's cancellation policies here. How we selected the best beach houses on Airbnb Every Airbnb listing is for the entire home, per current expert recommendation.All Airbnb homes are highly-rated listings with a rating of 4.7 or higher.All beach houses are located right on, or next to the beach.All take part in Airbnb's Enhanced Clean protocol program for added peace of mind.The homes offer strong value in terms of price, offerings, amenities, and location and are priced between $100 and $650 per night to start.Homes are available to book in the coming weeks and months, as of publishing. However, some homes are quite popular and book fast. Consider booking for a future vacation in a few months or next year. Find more great beach house rentals Airbnb The best Airbnbs on the Jersey ShoreThe best Airbnbs in the HamptonsThe best Airbnbs in Cape CodThe best Airbnbs in Hilton HeadThe best Airbnbs in FloridaThe best Airbnbs in Myrtle Beach The best Airbnbs in Virginia BeachThe best vacation rentals in the Outer BanksThe best vacation rentals in Ocean City  Read the original article on Business Insider.....»»

Category: worldSource: nyt1 hr. 15 min. ago

Pfizer (PFE) Booster Dose Gets FDA Nod for High-Risk People

FDA approves Pfizer's (PFE) COVID-19 vaccine booster shots for older adults and high-risk people amid rising infection rates in the country. The FDA granted emergency use authorization (EUA) toa booster or “third” dose of Pfizer PFE/BioNTech’s BNTX mRNA-based COVID-19 vaccine, Comirnaty, for individuals 65 years and older and also those in high-risk groups.The high-risk groups include individuals, aged 16 to 64, who are at a high risk of severe COVID-19, and also those whose occupation exposes them to the virus and puts them at high risk of COVID-related complications, including severe COVID-19, like healthcare workers, teachers, and others. The FDA said that the third jab should be given at least six months after the primary two-dose series.However, inline with the recommendation of the FDA’s Vaccines and Related Biological Products Advisory Committee (VRBPAC) last week, the FDA did not approve the booster dose for the entire population for which Pfizer/BioNTech was seeking approval. Pfizer/BioNTech had filed its supplemental biologics license application (sBLA), seeking approval for the booster dose of Comirnaty, in people 16 years of age and older, in August.The sBLA for the booster dose included data from a phase III study (n=306), which showed that the booster dose induced significant SARS-CoV-2 neutralizing antibody titers against the initial SARS-CoV-2 virus (wild type), as well as the Beta and Delta variants. The antibody levels elicited against the initial wild type virus one month after the booster dose were 3.3 times the levels seen one month after the second dose. Pfizer/BioNTech have submitted the booster data to other regulatory agencies as well.Pfizer’s stock has risen 19.4% this year so far compared with an increase of 9% for the industry.Image Source: Zacks Investment ResearchBioNTech’s stock has risen 316.2% this year so far against a decrease of 0.6% for the industry.Image Source: Zacks Investment ResearchLast week, the VRBPAC voted unanimously, recommending that the FDA grant EUA to the Comirnaty booster dose for individuals 65 years and older and those at high risk of severe-COVID. However, the panel voted against approving the booster for the general population.Pfizer becomes the first company whose booster dose has been granted emergency approval by the FDA. Moderna MRNA has also submitted an application for authorization/approval for a booster dose of its COVID-19 vaccine and has provided clinical data to support the efficacy of a booster dose to the FDA.Earlier this week, J&J JNJ presented additional data from the phase III ENSEMBLE study, which showed that a booster dose of its adenovirus-based, single-shot vaccine, given 56 days after the first jab, led to 94% protection against mild-to-severe COVID-19 in the United States. J&J has submitted the latest additional data for the booster dose to the FDA.Last month, the FDA expanded the EUA of Pfizer and Moderna’s vaccines to allow the third dose to be administered to certain immunocompromised individuals like those who have undergone solid organ transplantation or those diagnosed with other diseases that may have weakened their immune systems. Along with the latest approval for the booster dose, Pfizer clarified that the third dose for immunocompromised individuals is different from the booster dose approved.  While the third dose for immunocompromised individuals is for people who do not build enough protection after two shots of the vaccine, the booster dose is for individuals who have built enough protection after the primary vaccination regimen. However, these individuals may see decreased protection over time due to the declining efficacy of COVID vaccines.Last month, the U.S. government had said that it intends to begin offering the third shots from September to those individuals who had taken their initial shots more than eight months ago. But it clarified that the booster plan was contingent upon approvals by the FDA and Centers for Disease Control and Prevention.In a separate press release, Pfizer/BioNTech announced plans to provide the U.S. government with 500 million additional doses of Comirnaty at a not-for-profit price for donation to the poorest countries. With the latest deal, the total number of vaccine doses to be supplied to the U.S. government for donation by Pfizer/BioNTech adds up to one billion.Both BioNTech and Pfizer carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.Click here for the 4 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Johnson & Johnson (JNJ): Free Stock Analysis Report Pfizer Inc. (PFE): Free Stock Analysis Report Moderna, Inc. (MRNA): Free Stock Analysis Report BioNTech SE Sponsored ADR (BNTX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks2 hr. 47 min. ago

Futures Rise On Taper, Evergrande Optimism

Futures Rise On Taper, Evergrande Optimism US index futures jumped overnight even as the Fed confirmed that a November tapering was now guaranteed and would be completed by mid-2022 with one rate hike now on deck, while maintaining the possibility to extend stimulus if necessitated by the economy. Sentiment got an additional boost from a strong showing of Evergrande stock - which closed up 17% - during the Chinese session, which peaked just after Bloomberg reported that China told Evergrande to avoid a near-term dollar bond default and which suggested that the "government wants to avoid an imminent collapse of the developer" however that quickly reversed when the WSJ reported, just one hour later, that China was making preparations for Evergrande's demise, and although that hammered stocks, the report explicitly noted that a worst-case scenario for Evergrande would mean a partial or full nationalization as "local-level government agencies and state-owned enterprises have been instructed to step in only at the last minute should Evergrande fail to manage its affairs in an orderly fashion." In other words, both reports are bullish: either foreign creditors are made whole (no default) as per BBG or the situation deteriorates and Evergrande is nationalized ("SOEs step in") as per WSJ. According to Bloomberg, confidence is building that markets can ride out a pullback in Fed stimulus, unlike 2013 when the taper tantrum triggered large losses in bonds and equities. "Investors are betting that the economic and profit recovery will be strong enough to outweigh a reduction in asset purchases, while ultra-low rates will continue to support riskier assets even as concerns linger about contagion from China’s real-estate woes." That's one view: the other is that the Fed has so broken the market's discounting ability we won't know just how bad tapering will get until it actually begins. “The Fed has got to be pleased that their communication on the longer way to tapering has avoided the dreaded fear of the tantrum,” Jeffrey Rosenberg, senior portfolio manager for systematic fixed income at BlackRock Inc., said on Bloomberg Television. “This is a very good outcome for the Fed in terms of signaling their intent to give the market information well ahead of the tapering decision.” Then there is the question of Evergrande: “With regards to Evergrande, all those people who are waiting for a Lehman moment in China will probably have to wait another turn,” said Ken Peng, an investment strategist at Citi Private Bank Asia Pacific. “So I wouldn’t treat this as completely bad, but there are definitely a lot of risks on the horizon.” In any case, today's action is a continuation of the best day in two months for both the Dow and the S&P which staged a strong recovery from two-month lows hit earlier in the week, and as of 745am ET, S&P 500 E-minis were up 25.25 points, or 0.6%, Dow E-minis were up 202 points, or 0.59%, while Nasdaq 100 E-minis were up 92.0 points, or 0.60%. In the premarket, electric vehicle startup Lucid Group rose 3.1% in U.S. premarket trading. PAVmed (PVM US) jumps 11% after its Lucid Diagnostics unit announced plans to list on the Global Market of the Nasdaq Stock Market.  Here are some of the biggest movers today: U.S.-listed Chinese stocks rise in premarket trading as fears of contagion from China Evergrande Group’s debt crisis ease. Blackberry (BB US) shares rise 8.7% in premarket after co.’s 2Q adjusted revenue beat the average of analysts’ estimates Eargo (EAR US) falls 57% in Thursday premarket after the hearing aid company revealed it was the target of a Justice Department criminal probe and withdrew its forecasts for the year Amplitude Healthcare Acquisition (AMHC US) doubled in U.S. premarket trading after the SPAC’s shareholders approved the previously announced business combination with Jasper Therapeutics Steelcase (SCS US) fell 4.8% Wednesday postmarket after the office products company reported revenue for the second quarter that missed the average analyst estimate Vertex Energy Inc. (VTNR US) gained 2.1% premarket after saying the planned acquisition of a refinery in Mobile, Alabama from Royal DutVTNR US Equitych Shell Plc is on schedule Synlogic (SYBX US) shares declined 9.7% premarket after it launched a stock offering launched without disclosing a size HB Fuller (FUL US) climbed 2.7% in postmarket trading after third quarter sales beat even the highest analyst estimate Europe's Stoxx 600 index rose 0.9%, lifted by carmakers, tech stocks and utilities, which helped it recover losses sparked earlier in the week by concerns about Evergrande and China’s crackdown on its property sector. The gauge held its gain after surveys of purchasing managers showed business activity in the euro area lost momentum and slowed broadly in September after demand peaked over the summer and supply-chain bottlenecks hurt services and manufacturers. Euro Area Composite PMI (September, Flash): 56.1, consensus 58.5, last 59.0. Euro Area Manufacturing PMI (September, Flash): 58.7, consensus 60.3, last 61.4. Euro Area Services PMI (September, Flash): 56.3, consensus 58.5, last 59.0. Germany Composite PMI (September, Flash): 55.3, consensus 59.2, last 60.0. France Composite PMI (September, Flash): 55.1, consensus 55.7, last 55.9. UK Composite PMI (September, Flash): 54.1, consensus 54.6, last 54.8. Commenting on Europe's PMIs, Goldman said that the Euro area composite PMI declined by 2.9pt to 56.1 in September, well below consensus expectations. The softening was broad-based across countries but primarily led by Germany. The peripheral composite flash PMI also weakened significantly in September but remain very high by historical standards (-2.4pt to 57.5). Across sectors, the September composite decline was also broad-based, with manufacturing output softening (-3.3pt to 55.6) to a similar extent as services (-2.7pt to 56.3). Supply-side issues and upward cost and price pressures continued to be widely reported. Expectations of future output growth declined by less than spot output on the back of delta variant worries and supply issues, remaining far above historically average levels. Earlier in the session, Asian stocks rose for the first time in four sessions, as Hong Kong helped lead a rally on hopes that troubled property firm China Evergrande Group will make progress on debt repayment. The MSCI Asia Pacific Index climbed as much as 0.5%, with Tencent and Meituan providing the biggest boosts. The Hang Seng jumped as much as 2.5%, led by real estate stocks as Evergrande surged more than 30%. Hong Kong shares later pared their gains. Asian markets were also cheered by gains in U.S. stocks overnight even as the Federal Reserve said it may begin scaling back stimulus this year. A $17 billion net liquidity injection from the People’s Bank of China also provided a lift, while the Fed and Bank of Japan downplayed Evergrande risks in comments accompanying policy decisions Wednesday. Evergrande’s stock closed 18% higher in Hong Kong, in a delayed reaction to news a unit of the developer had negotiated interest payments on yuan notes. A coupon payment on its 2022 dollar bond is due on Thursday “Investors are perhaps reassessing the tail risk of a disorderly fallout from Evergrande’s credit issues,” said Chetan Seth, a strategist at Nomura. “However, I am not sure if the fundamental issue around its sustainable deleveraging has been addressed. I suspect markets will likely remain quite volatile until we have some definite direction from authorities on the eventual resolution of Evergrande’s debt problems.” Stocks rose in most markets, with Australia, Taiwan, Singapore and India also among the day’s big winners. South Korea’s benchmark was the lone decliner, while Japan was closed for a holiday In rates, Treasuries were off session lows, with the 10Y trading a 1.34%, but remained under pressure in early U.S. session led by intermediate sectors, where 5Y yield touched highest since July 2. Wednesday’s dramatic yield-curve flattening move unleashed by Fed communications continued, compressing 5s30s spread to 93.8bp, lowest since May 2020. UK 10-year yield climbed 3.4bp to session high 0.833% following BOE rate decision (7-2 vote to keep bond-buying target unchanged); bunds outperformed slightly. Peripheral spreads tighten with long-end Italy outperforming. In FX, the Bloomberg Dollar Spot Index reversed an earlier gain and dropped 0.3% as the dollar weakened against all of its Group-of-10 peers apart from the yen amid a more positive sentiment. CAD, NOK and SEK are the strongest performers in G-10, JPY the laggard.  The euro and the pound briefly pared gains after weaker-than-forecast German and British PMIs. The pound rebounded from an eight-month low amid a return of global risk appetite as investors assessed whether the Bank of England will follow the Federal Reserve’s hawkish tone later Thursday. The yield differential between 10-year German and Italian debt narrowed to its tightest since April. Norway’s krone advanced after Norges Bank raised its policy rate in line with expectations and signaled a faster pace of tightening over the coming years. The franc whipsawed as the Swiss National Bank kept its policy rate and deposit rate at record lows, as expected, and reiterated its pledge to wage currency market interventions. The yen fell as a unit of China Evergrande said it had reached an agreement with bond holders over an interest payment, reducing demand for haven assets. Turkey’s lira slumped toa record low against the dollar after the central bank unexpectedly cut interest rates. In commodities, crude futures drifted lower after a rangebound Asia session. WTI was 0.25% lower, trading near $72; Brent dips into the red, so far holding above $76. Spot gold adds $3.5, gentle reversing Asia’s losses to trade near $1,771/oz. Base metals are well bid with LME aluminum leading gains. Bitcoin steadied just below $44,000. Looking at the day ahead, we get the weekly initial jobless claims, the Chicago Fed’s national activity index for August, and the Kansas City fed’s manufacturing activity index for September. From central banks, there’ll be a monetary policy decision from the Bank of England, while the ECB will be publishing their Economic Bulletin and the ECB’s Elderson will also speak. From emerging markets, there’ll also be monetary policy decisions from the Central Bank of Turkey and the South African Reserve Bank. Finally in Germany, there’s an election debate with the lead candidates from the Bundestag parties. Market Snapshot S&P 500 futures up 0.7% to 4,413.75 STOXX Europe 600 up 1.1% to 468.32 MXAP up 0.5% to 200.57 MXAPJ up 0.9% to 645.76 Nikkei down 0.7% to 29,639.40 Topix down 1.0% to 2,043.55 Hang Seng Index up 1.2% to 24,510.98 Shanghai Composite up 0.4% to 3,642.22 Sensex up 1.4% to 59,728.37 Australia S&P/ASX 200 up 1.0% to 7,370.22 Kospi down 0.4% to 3,127.58 German 10Y yield fell 5.6 bps to -0.306% Euro up 0.4% to $1.1728 Brent Futures up 0.3% to $76.39/bbl Gold spot up 0.0% to $1,768.25 U.S. Dollar Index down 0.33% to 93.16 Top Overnight News from Bloomberg Financial regulators in Beijing issued a broad set of instructions to China Evergrande Group, telling the embattled developer to focus on completing unfinished properties and repaying individual investors while avoiding a near-term default on dollar bonds China’s central bank net-injected the most short- term liquidity in eight months into the financial system, with markets roiled by concerns over China Evergrande Group’s debt crisis Europe’s worst energy crisis in decades could drag deep into the cold months as Russia is unlikely to boost shipments until at least November Business activity in the euro area “markedly” lost momentum in September after demand peaked over the summer and supply chain bottlenecks hurt both services and manufacturers. Surveys of purchasing managers by IHS Markit showed growth in both sectors slowing more than expected, bringing overall activity to a five-month low. Input costs, meanwhile, surged to the highest in 21 years, according to the report The U.K. private sector had its weakest month since the height of the winter lockdown and inflation pressures escalated in September, adding to evidence that the recovery is running into significant headwinds, IHS Markit said The U.K.’s record- breaking debut green bond sale has given debt chief Robert Stheeman conviction on the benefits of an environmental borrowing program. The 10 billion-pound ($13.7 billion) deal this week was the biggest-ever ethical bond sale and the country is already planning another offering next month A more detailed look at global markets courtesy of Newsquaw Asian equity markets traded mostly positive as the region took its cue from the gains in US with the improved global sentiment spurred by some easing of Evergrande concerns and with stocks also unfazed by the marginally more hawkish than anticipated FOMC announcement (detailed above). ASX 200 (+1.0%) was underpinned by outperformance in the commodity-related sectors and strength in defensives, which have more than atoned for the losses in tech and financials, as well as helped markets overlook the record daily COVID-19 infections in Victoria state. Hang Seng (+0.7%) and Shanghai Comp. (+0.6%) were also positive after another respectable liquidity operation by the PBoC and with some relief in Evergrande shares which saw early gains of more than 30% after recent reports suggested a potential restructuring by China’s government and with the Co. Chairman noting that the top priority is to help wealth investors redeem their products, although the majority of the Evergrande gains were then pared and unit China Evergrande New Energy Vehicle fully retraced the initial double-digit advances. KOSPI (-0.5%) was the laggard as it played catch up to the recent losses on its first trading day of the week and amid concerns that COVID cases could surge following the holiday period, while Japanese markets were closed in observance of the Autumnal Equinox Day. China Pumps $17 Billion Into System Amid Evergrande Concerns China Stocks From Property to Tech Jump on Evergrande Respite Philippines Holds Key Rate to Spur Growth Amid Higher Prices Taiwan’s Trade Deal Application Sets Up Showdown With China Top Asian News European equities (Stoxx 600 +0.9%) trade on the front-foot and have extended gains since the cash open with the Stoxx 600 now higher on the week after Monday’s heavy losses. From a macro perspective, price action in Europe has been undeterred by a slowdown in Eurozone PMIs which saw the composite metric slip to 56.1 from 59.0 (exp. 58.5) with IHS Markit noting “an unwelcome combination of sharply slower economic growth and steeply rising prices.” Instead, stocks in the region have taken the cue from a firmer US and Asia-Pac handover with performance in Chinese markets aided by further liquidity injections by the PBoC. Some positivity has also been observed on the Evergrande front amid mounting expectations of a potential restructuring at the company. That said, at the time of writing, it remains unclear what the company’s intentions are for repaying its USD 83.5mln onshore coupon payment. Note, ING highlights that “missing that payment today would still leave a 30-day grace period before this is registered as a default”. The most recent reports via WSJ indicate that Chinese authorities are asking local governments to begin preparations for the potential downfall of Evergrande; however, the article highlights that this is a last resort and Beijing is reluctant to step in. Nonetheless, this article has taken the shine off the mornings risk appetite, though we do remain firmer on the session. Stateside, as the dust settles on yesterday’s FOMC announcement, futures are firmer with outperformance in the RTY (+0.8% vs. ES +0.7%). Sectors in Europe are higher across the board with outperformance in Tech and Autos with the latter aided by gains in Faurecia (+4.6%) who sit at the top of the Stoxx 600 after making an unsurprising cut to its guidance, which will at least provide some clarity on the Co.’s near-term future; in sympathy, Valeo (+6.6) is also a notable gainer in the region. To the downside, Entain (+2.6%) sit at the foot of the Stoxx 600 after recent strong gains with the latest newsflow surrounding the Co. noting that MGM Resorts is considering different methods to acquire control of the BetMGM online gambling business JV, following the DraftKings offer for Entain, according to sources. The agreement between Entain and MGM gives MGM the ability to block any deal with competing businesses; MGM officials believe this grants the leverage to take full control of BetMGM without spending much. Top European News BOE Confronts Rising Prices, Slower Growth: Decision Guide La Banque Postale Eyes Retail, Asset Management M&A in Europe Activist Bluebell Raises Pressure on Glaxo CEO Walmsley Norway Delivers Rate Lift-Off With Next Hike Set for December In FX, not much bang for the Buck even though the FOMC matched the most hawkish market expectations and Fed chair Powell arguably went further by concluding in the post-meeting press conference that substantial progress on the lagging labour front is all but done. Hence, assuming the economy remains on course, tapering could start as soon as November and be completed my the middle of 2022, though he continued to play down tightening prospects irrespective of the more hawkish trajectory implied by the latest SEP dot plots that are now skewed towards at least one hike next year and a cumulative seven over the forecast horizon. However, the Greenback only managed to grind out marginally higher highs overnight, with the index reaching 93.526 vs 93.517 at best yesterday before retreating quite sharply and quickly to 93.138 in advance of jobless claims and Markit’s flash PMIs. CAD/NZD/AUD - The Loonie is leading the comeback charge in major circles and only partially assisted by WTI keeping a firm bid mostly beyond Usd 72/brl, and Usd/Cad may remain contained within 1.2796-50 ahead of Canadian retail sales given decent option expiry interest nearby and protecting the downside (1 bn between 1.2650-65 and 2.7 bn from 1.2620-00). Meanwhile, the Kiwi has secured a firmer grip on the 0.7000 handle to test 0.7050 pre-NZ trade and the Aussie is looking much more comfortable beyond 0.7250 amidst signs of improvement in the flash PMIs, albeit with the services and composite headline indices still some way short of the 50.0 mark. NOK/GBP/EUR/CHF - All firmer, and the Norwegian Crown outperforming following confirmation of the start of rate normalisation by the Norges Bank that also underscored another 25 bp hike in December and further tightening via a loftier rate path. Eur/Nok encountered some support around 10.1000 for a while, but is now below, while the Pound has rebounded against the Dollar and Euro in the run up to the BoE at midday. Cable is back up around 1.3770 and Eur/Gbp circa 0.8580 as Eur/Usd hovers in the low 1.1700 area eyeing multiple and a couple of huge option expiries (at the 1.1700 strike in 4.1 bn, 1.1730 in 1 bn, 1.1745-55 totalling 2.7 bn and 1.8 bn from 1.1790-1.1800). Note, Eurozone and UK flash PMIs did not live up to their name, but hardly impacted. Elsewhere, the Franc is lagging either side of 0.9250 vs the Buck and 1.0835 against the Euro on the back of a dovish SNB Quarterly Review that retained a high Chf valuation and necessity to maintain NIRP, with only minor change in the ordering of the language surrounding intervention. JPY - The Yen is struggling to keep its head afloat of 110.00 vs the Greenback as Treasury yields rebound and risk sentiment remains bullish pre-Japanese CPI and in thinner trading conditions due to the Autumn Equinox holiday. In commodities, WTI and Brent have been choppy throughout the morning in-spite of the broadly constructive risk appetite. Benchmarks spent much of the morning in proximity to the unchanged mark but the most recent Evergrande developments, via WSJ, have dampened sentiment and sent WTI and Brent back into negative territory for the session and printing incremental fresh lows at the time of publication. Back to crude, newsflow has once again centred around energy ministry commentary with Iraq making clear that oil exports will continue to increase. Elsewhere, gas remains at the forefront of focus particularly in the UK/Europe but developments today have been somewhat incremental. On the subject, Citi writes that Asia and Europe Nat. Gas prices could reach USD 100/MMBtu of USD 580/BOE in the winter, under their tail-risk scenario. For metals, its very much a case of more of the same with base-metals supportive, albeit off-best given Evergrande, after a robust APAC session post-FOMC. Given the gas issues, desks highlight that some companies are being forced to suspend/reduce production of items such as steel in Asian/European markets, a narrative that could become pertinent for broader prices if the situation continues. Elsewhere, spot gold and silver are both modestly firmer but remain well within the range of yesterday’s session and are yet to recovery from the pressure seen in wake of the FOMC. US Event Calendar 8:30am: Sept. Initial Jobless Claims, est. 320,000, prior 332,000; Continuing Claims, est. 2.6m, prior 2.67m 8:30am: Aug. Chicago Fed Nat Activity Index, est. 0.50, prior 0.53 9:45am: Sept. Markit US Composite PMI, prior 55.4 9:45am: Sept. Markit US Services PMI, est. 54.9, prior 55.1 9:45am: Sept. Markit US Manufacturing PMI, est. 61.0, prior 61.1 11am: Sept. Kansas City Fed Manf. Activity, est. 25, prior 29 12pm: 2Q US Household Change in Net Wor, prior $5t DB's Jim Reid concludes the overnight wrap My wife was at a parents event at school last night so I had to read three lots of bedtime stories just as the Fed were announcing their policy decision. Peppa Pig, Biff and Kipper, and somebody called Wonder Kid were interspersed with Powell’s press conference live on my phone. It’s fair to say the kids weren’t that impressed by the dot plot and just wanted to join them up. The twins (just turned 4) got their first reading book homework this week and it was a bit sad that one of them was deemed ready to have one with words whereas the other one only pictures. The latter was very upset and cried that his brother had words and he didn’t. That should create even more competitive tension! Back to the dots and yesterday’s Fed meeting was on the hawkish side in terms of the dots and also in terms of Powell’s confidence that the taper could be complete by mid-2022. Powell said that the Fed could begin tapering bond purchases as soon as the November FOMC meeting, in line with our US economists’ forecasts. He left some room for uncertainty, saying they would taper only “If the economy continues to progress broadly in line with expectations, and also the overall situation is appropriate for this.” However he made clear that “the timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff.” The quarterly “dot plot” showed that the 18 FOMC officials were split on whether to start raising rates next year or not. In June, the median dot indicated no rate increases until 2023, but now 6 members see a 25bps raise next year and 3 members see two such hikes. Their inflation forecasts were also revised up and DB’s Matt Luzzetti writes in his FOMC review (link here) that “If inflation is at or below the Fed's current forecast next year of 2.3% core PCE, liftoff is likely to come in 2023, consistent with our view. However, if inflation proves to be higher with inflation expectations continuing to rise, the first rate increase could well migrate into 2022.” Markets took the overall meeting very much in its stride with the biggest impact probably being a yield curve flattening even if US 10yr Treasury yields traded in just over a 4bp range yesterday and finishing -2.2bps lower at 1.301%. The 5y30y curve flattened -6.7bps to 95.6bps, its flattest level since August 2020, while the 2y10y curve was -4.2bps flatter. So the market seems to believe the more hawkish the Fed gets the more likely they’ll control inflation and/or choke the recovery. The puzzle is that even if the dots are correct, real Fed funds should still be negative and very accommodative historically for all of the forecasting period. As such the market has a very dim view of the ability of the economy to withstand rate hikes or alternatively that the QE technicals are overpowering everything at the moment. In equities, the S&P 500 was up nearly +1.0% 15 minutes prior to the Fed, and then rallied a further 0.5% in the immediate aftermath before a late dip look it back to +0.95%. The late dip meant that the S&P still has not seen a 1% up day since July 23. The index’s rise was driven by cyclicals in particular with energy (+3.17%), semiconductors (-2.20%), and banks (+2.13%) leading the way. Asian markets are mostly trading higher this morning with the Hang Seng (+0.69%), Shanghai Comp (+0.58%), ASX (+1.03%) and India’s Nifty (+0.81%) all up. The Kospi (-0.36%) is trading lower though and is still catching up from the early week holidays. Japan’s markets are closed for a holiday today. Futures on the S&P 500 are up +0.25% while those on the Stoxx 50 are up +0.49%. There is no new news on the Evergrande debt crisis however markets participants are likely to pay attention to whether the group is able to make interest rate payment on its 5 year dollar note today after the group had said yesterday that it resolved a domestic bond coupon by negotiations which was also due today. As we highlighted in our CoTD flash poll conducted earlier this week, market participants are not too worried about a wider fallout from the Evergrande crisis and even the Hang Seng Properties index is up +3.93% this morning and is largely back at the levels before the big Monday sell-off of -6.69%. Overnight we have received flash PMIs for Australia which improved as parts of the country have eased the coronavirus restrictions. The services reading came in at 44.9 (vs. 42.9 last month) and the manufacturing print was even stronger at 57.3 (vs. 52.0 last month). Japan’s flash PMIs will be out tomorrow due to today’s holiday. Ahead of the Fed, markets had continued to rebound from their declines earlier in the week, with Europe’s STOXX 600 gaining +0.99% to narrowly put the index in positive territory for the week. This continues the theme of a relative outperformance among European equities compared to the US, with the STOXX 600 having outpaced the S&P 500 for 5 consecutive sessions now, though obviously by a slim margin yesterday. Sovereign bonds in Europe also posted gains, with yields on 10yr bunds (-0.7bps), OATs (-1.0bps) and BTPs (-3.2bps) all moving lower. Furthermore, there was another tightening in peripheral spreads, with the gap in Italian 10yr yields over bunds falling to 98.8bps yesterday, less than half a basis point away from its tightest level since early April. Moving to fiscal and with Democrats seemingly unable to pass the $3.5 trillion Biden budget plan by Monday, when the House is set to vote on the bipartisan infrastructure bill, Republican leadership is calling on their members to vote against the bipartisan bill in hopes of delaying the process further. While the there is still a high likelihood the measure will eventually get passed, time is becoming a factor. Congress now has just over a week to get a government funding bill through both chambers of congress as well as raise the debt ceiling by next month. Republicans have told Democrats to do the latter in a partisan manner and include it in the reconciliation process which could mean that a significant portion of the Biden economic agenda – mostly encapsulated in the $3.5 trillion over 10 year budget – may have to be cut down to get the entire Democratic caucus on board. Looking ahead, an event to watch out for today will be the Bank of England’s policy decision at 12:00 London time, where our economists write (link here) that they expect no change in the policy settings. However, they do expect a reaffirmation of the BoE’s updated forward guidance that some tightening will be needed over the next few years to keep inflation in check, even if it’s too early to expect a further hawkish pivot at this stage. Staying on the UK, two further energy suppliers (Avro Energy and Green Supplier) ceased trading yesterday amidst the surge in gas prices, with the two supplying 2.9% of domestic customers between them. We have actually seen a modest fall in European natural gas prices over the last couple of days, with the benchmark future down -4.81% since its close on Monday, although it’s worth noting that still leaves them up +75.90% since the start of August alone. There wasn’t much data to speak of yesterday, though US existing home sales fell to an annualised rate of 5.88 in August (vs. 5.89m expected). Separately, the European Commission’s advance consumer confidence reading for the Euro Area unexpectedly rose to -4.0 in September (vs. -5.9 expected). To the day ahead now, the data highlights include the September flash PMIs from around the world, while in the US there’s the weekly initial jobless claims, the Chicago Fed’s national activity index for August, and the Kansas City fed’s manufacturing activity index for September. From central banks, there’ll be a monetary policy decision from the Bank of England, while the ECB will be publishing their Economic Bulletin and the ECB’s Elderson will also speak. From emerging markets, there’ll also be monetary policy decisions from the Central Bank of Turkey and the South African Reserve Bank. Finally in Germany, there’s an election debate with the lead candidates from the Bundestag parties. Tyler Durden Thu, 09/23/2021 - 08:13.....»»

Category: blogSource: zerohedge2 hr. 47 min. ago

CDC Panel Considers Delaying Booster Jabs Decision By 1 Month To "Wait For More Evidence"

CDC Panel Considers Delaying Booster Jabs Decision By 1 Month To "Wait For More Evidence" Last night, the FDA - as expected - authorized the emergency use of booster doses of the Pfizer-BioNTech mRNA jab for patients over the age of 65, the immuno-compromised, and the occupationally vulnerable. Now, it's the CDC's turn. The panel is preparing to wrap up a two-day meeting on Wednesday, where it is deliberating a more specific set of guidelines regarding the booster jab and who will initially be eligible, and when. Before we get into specifics, it's worth noting that after the first day of discussion, some of the advisors were so befuddled by the rationale for boosters that they suggested putting off the CDC's decision for a month to wait for more evidence. Such a decision would probably have driven the Biden Administration crazy. According to the AP, "the uncertainties were yet another reminder that the science surrounding boosters is more complicated than the Biden administration suggested when the president and his top aides rolled out their plan at the White House last month." On Wednesday, "the CDC panelists heard a series of presentations Wednesday outlining the knotty state of science on boosters. On one hand, the COVID-19 vaccines continue to offer strong protection against severe illness, hospitalization and death. On the other hand, there are signs of more low-grade infections among the vaccinated as immunity wanes." Ultimately, the function of the CDC panel is to "refine exactly who will be eligible" as Politico put it. For the booster jab, the focus will be on defining who's at "high risk". The discussions are expected to conclude Thursday afternoon. Politico has five key takeaways from day one, and what to expect on day two (text courtesy of Politico): The goals of vaccination might be changing: Data from the large clinical trials used to authorize Covid-19 vaccines in the United States suggested they offered strong protection against even mild infection, raising hopes that the shots would confer so-called sterilizing immunity — preventing vaccinated people from spreading the virus. But over time, scientists have realized that the vaccines' ability to ward off mild infection is waning, although protection against severe disease and death remains strong overall. CDC panel member Sarah Long, a pediatrics professor at Drexel University's College of Medicine, urged her colleagues to differentiate between ensuring the vaccines prevent hospitalizations versus all infection. "I don't think there's any hope that a vaccine, such as the ones we have, will prevent infection after the first maybe couple of weeks that you have those extraordinary immediate responses," she said. The elderly show the clearest need for boosters at this point: Antibodies from vaccination decrease over time among all age groups. But vaccine recipients 80 and older develop lower levels of neutralizing antibodies post-vaccination than younger adults do, said Natalie Thornburg, a respiratory virus immunology specialist at the CDC. That means that older people's antibodies may drop to undetectable levels faster, at which point their memory immune cells play a larger role in protecting them against Covid-19. But older people also may produce fewer memory cells than younger people whose immune systems are stronger — suggesting that older people would benefit from a third vaccine dose. Ruth Link-Gelles of the U.S. Public Health Service said current data shows significant drops in the efficacy of both the Pfizer and Moderna shots in people 65 and older in the time the Delta variant has dominated the domestic infection landscape. But Thornburg cautioned against viewing vaccines' protection as an on-off switch. "Immunity is not simply a binary" in which individuals are either protected or not against the coronavirus, she said. Most people are able to maintain some level of cellular immunity, which is likely enough to protect vaccine recipients from severe disease even after antibody levels drop off. Nursing-home residents face special risks, even with a boost Boosters may not be enough to fully protect residents of nursing homes, according to modeling data presented by Rachel Slayton of the U.S. Public Health Service. While boosters may help reduce the number of cases in long-term care facilities, she said, that depends on their inherent efficacy and on the vaccination coverage among facility staff. High community transmission will likely lead to more infections in nursing homes because staff can more easily import the virus, Slayton said. It's unclear whether booster doses could help curb transmission of the virus among vaccinated individuals. Experts are worried about confusing the public Members of the CDC's vaccine advisory committee expressed concerns Wednesday about green-lighting boosters from one brand over others with authorized Covid vaccines available to Americans, noting the potential for public perception and logistical issues. The panel is tasked with recommending to the CDC how the FDA's vaccine policy should be implemented in real-world settings. Long suggested that the group wait for more information on so-called mix-and-match doses — the ability to vaccinate someone with one brand's primary series with the option for a different manufacturer's booster later — before signing off on just the Pfizer booster, asking “whether we’re willing to panic half the recipients of Moderna." “I don’t want to jeopardize anyone," she said of delaying a booster decision. "At the same time, it’ll be very, very difficult to have a little less than half of the population who would be eligible to receive" a booster if people can only get the brand that matches their initial series. Moderna has asked FDA to authorize its booster shot, and Johnson & Johnson has begun submitting booster data to the agency with an eye to filing an application. Amanda Cohn of the CDC urged committee members to consider the recommendations they're making now as "interim policies" that will change as more data surfaces. The National Institutes of Health is conducting a study on mixing vaccine doses, with results expected later this year. "This is a rapidly moving target," she said. The booster rollout could be messy Still, there are a number of challenges to approving only one brand's vaccine for boosting. Immunocompromised Americans have already been permitted to seek out third doses of the Pfizer or Moderna vaccines because of concerns they may not have mounted a sufficient immune response to the first two shots. While they've been told they can receive the other brand's shot if they can't access the one they initially got, FDA isn't expected to allow mixing brands for people outside that category, which could sow further confusion. More than 98 percent of Americans participating in a CDC safety monitoring program who have gotten additional doses stuck with the same brand they originally received. But it's unclear how many of those studied actually fell under the CDC's definition of immunocompromised since patients only have to attest to their eligibility — no doctor's note required — meaning there are few obstacles keeping people interested in boosters from acquiring them, anyway. Declining to allow mixing Pfizer and Moderna doses beyond the immunocompromised could make administering boosters in long-term care facilities difficult if residents received different brands, said Molly Howell, an immunization program manager at the North Dakota Department of Health. “I don’t know that it’s realistic to keep going back with different brands," she said. * * * Ironically, the deliberations on the booster jabs are happening during the slowest week for first-dose vaccinations since July (despite NY's mandate looming on Monday). Remember, all of the deliberation so far have  focused on the Pfizer jab. Regulators will decide on boosters for people who have received the Moderna or J&J jabs in the coming weeks. One thing we already know: Pfizer boosters won't be recommended for patients who received a different brand the first time around (though exceptions to this have already and will likely continue to be made). Tyler Durden Thu, 09/23/2021 - 09:34.....»»

Category: blogSource: zerohedge2 hr. 47 min. ago

New York"s New Gov Threatens To Replace Unvaccinated Hospital Workers With "Foreigners"

New York's New Gov Threatens To Replace Unvaccinated Hospital Workers With 'Foreigners' New York's first female governor Kathy Hochul, who took the reins in the Empire State after her predecessor and former boss, Andrew Cuomo, finally resigned, is showing the state's recalcitrant healthcare workers just how understanding and progressive she can be. During a press briefing with reporters in Rochester Wednesday, Hochul told a group of reporters that she hoped all unvaccinated workers would meet Monday's deadline to get the jab, or lose their jobs. For those who continue to resist - including nearly 20% of the state's hospital and nursing-home workers - they will be replaced. Possibly by foreign workers. Faced with this, it makes sense to wonder how NY State, which has no immigration-related authority, could even credibly make such a threat? But Hochul says there have been conversations with the Department of State (albeit on a "limited basis") about the possibility of doling out emergency visas to foreign workers. "To those who won’t, we’ll be replacing people. And I have a plan that’s going to be announced very shortly," she said. "We’ve identified a whole range of opportunities we have to help supplement them." Hochul said state officials were “working closely with various hospital systems to find out where we can get other individuals to come in and supplement places like nursing homes." "We’re also reaching out to the Department of State to find out about visas for foreign workers, on a limited basis, to bring more nurses over here," she said. Per the Department of Health's records, 19% of the state's hospital workers remained unvaccinated as of Sept. 15, and 18% of nursing home employees remained unvaccinated as of Wednesday. Starting Monday, employers can fire unvaccinated workers who don't have a "valid medical exemption" (though employees who claim religious exemption are also immune until Oct. 12 due to a temporary injunction issued by a federal judge in Utica). The plaintiffs in that case, almost all of them Catholic, oppose vaccines because they "employ aborted fetus cell lines in their testing, development, or production." Though the US Conference of Bishops says it's okay for Catholics to take these vaccines if no alternatives are available, and Pope Francis has of course spoken out in favor of vaccination. Circling back to the situation in New York, while Hochul is probably reveling in her first opportunity to play "hardball" - a game for which her predecessor was famous - New York health workers can probably rest easy - at least when it comes to the foreign worker threat. The State Department couldn't process all those SIVs for Afghan collaborators in a timely manner. What makes you think they'll be able to dole them out to foreign workers, who probably also haven't been vaccinated. Where does Hochul think these foreign workers are going to come from? Europe? Tyler Durden Thu, 09/23/2021 - 10:45.....»»

Category: blogSource: zerohedge2 hr. 47 min. ago

The best iPad deals available right now, including $100 off the iPad Air

Apple iPads are discounted for most of the year, meaning you rarely have to pay full price for one. Here are the best iPad deals available now. When you buy through our links, Insider may earn an affiliate commission. Learn more. Apple; Alyssa Powell/Insider iPads are popular tablets and for good reason: they're the best ones available. Luckily, if you're looking for an iPad, you can find most models discounted throughout the year. Right now, you can snag an iPad Air for $100 off retail price. Apple's iPads are the best tablets around. Like most Apple products, you can find any given member of the iPad family discounted throughout the year, from the compact iPad mini to the powerful iPad Pro. We'll be sure to keep you updated on the latest iPad deals as soon as they happen.Below, is a list of the best deals currently available, along with what you should pay for each model. Need help choosing with iPad is right for you? Check out our guides to the best iPads and tablets you can buy. Our reviewTypical priceDisplay sizeProcessorApple Pencil Compatible?iPad (9th Gen)TBA$329 to $42910.2-inchA13 Bionic1st GeniPad (8th Gen)Best overall$320 to $40010.2-inchA12 Bionic1st GeniPad Air (4th Gen)Best mid-range$539 to $69910.9-inchA14 Bionic1st and 2nd GeniPad Mini (6th Gen)TBA$499 to $6498.3-inchA15 Bionic1st and 2nd geniPad Mini (5th Gen)Best small iPad$395 to $5297.9-inchA12 Bionic1st GeniPad Pro (5th Gen)Best for pros$699 to $99911-inch and 12.9-inchApple M11st and 2nd GenHere are the best iPad deals available right now12.9-inch iPad Pro (2021) (medium, Preferred: Amazon)11-inch iPad Pro (2021) (medium, Preferred: Amazon)iPad Air 2020 (4th Gen, 64GB) (medium, Preferred: Amazon)iPad Air (4th Gen., 256GB) (medium, Preferred: Amazon)We'll update this list regularly to help you find the best price.Table of Contents: Masthead Sticky iPad (8th generation) deals 2020 iPad 10.2-inch (8th Gen) (medium, Preferred: Walmart)Typical price: $320 to $400Display size: 10.2-inchDisplay type: Retina DisplayAvailable colors: Silver, space gray, goldStorage capacities: 32GB, 128GBThough the ninth-generation iPad just launched, the eighth-generation 10.2-inch iPad is still our current choice as the best option for most people with its balance of performance and value.Whether you're buying your first iPad or upgrading from an older model, it's a solid choice and comes in either 32GB or 128GB storage options. It has a clear and sharp 2,160 x 1,620-pixel resolution and an A12 processor capable of most apps and tasks. If you're an artist or a fan of handwritten notes, it's also compatible with the Apple Pencil.We see deals on this iPad regularly throughout the year. More often than not, however, sales are limited to only one color or storage capacity, so if you see a good price on one that fits your needs, don't hesitate to buy. These deals also tend to sell out fast. Street price varies for each option, but for the most part: it's less than retail price. iPad Air (4th Gen) deals iPad Air 2020 (4th Gen, 64GB) (medium, Preferred: Amazon)Typical price: $539 to $699Display sizes: 10.9-inchDisplay type: Liquid Retina display with True ToneAvailable colors: Silver, space gray, rose gold, green, sky blueStorage capacities: 64GB, 256GBThe 2020 iPad Air is powerful performance encased in an updated, premium design. It features sharper edges, an A14 Bionic chip (the same chip powering the iPhone 12 series), USB-C charging, and a Touch ID sensor on the power button. It supports the second-generation Apple Pencil, a great stylus for tablet drawing; the sharp 10.9-inch Liquid Retina True Tone Screen also sweetens the build for artists. The fourth-generation iPad Air comes in five colors: green, rose gold, sky blue, silver, and space gray. A new generation hasn't been released for 2021. Deals for the latest iPad Air are becoming increasingly common. At the moment, street price is as low as $539 for select finishes, with recurring price drops down to $500.  iPad Mini (5th Gen) deals iPad Mini (5th Gen., 256GB) (medium, Preferred: Amazon)Typical price: $395 to $529Display sizes: 7.9-inchDisplay type: Retina display with True ToneAvailable colors: Silver, space gray, rose goldStorage capacities: 64GB or 256GBThough the sixth-generation model was just announced, the fifth-generation iPad Mini is still our current pick for tablet users prioritizing a compact form factor. Just like its bigger sibling (the 2020 iPad), the iPad Mini is powered by the A12 Bionic chip and is compatible with the first-generation Apple Pencil. It comes in three different finishes and you can choose between the smaller 64GB or the larger 256GB storage options. The iPad Mini sees regular deals year-round. Street price hovers around $10 or $20 less than retail price most of the time though, so never settle for paying retail price (unless you absolutely have to). iPad Pro (5th Gen) deals 11-inch iPad Pro (2021) (medium, Preferred: Amazon)12.9-inch iPad Pro (2021) (medium, Preferred: Amazon)Typical price: $799 to $1,799Display sizes: 11-inch, 12.9-inchDisplay type: Liquid Retina display with ProMotion technology and True Tone on the 11-inch, Liquid Retina XDR display with mini-LED technology on the 12.9-inchAvailable colors: Silver, space grayStorage capabilities: 128GB, 256GB, 512GB, 1TB, 2TBThe iPad Pro introduced the M1 processor to the iPad lineup for the first time. This is the same Apple-made chip that is found in Apple's newest MacBook Air and MacBook Pro. This should bring even more power to a tablet with capabilities that already rivaled those of some laptops. The iPad Pros also feature optional 5G connectivity, an updated Thunderbolt connection for enhanced accessories support, and up to 2TB of storage.The 12.9-inch model comes equipped with a Liquid Retina XDR display that uses mini-LED technology for increased brightness and clarity. So far, the newest iPad Pro has yet to see any major price drops since its launch, even during Amazon Prime Day. However, we still expect to see older generations discounted regularly throughout the year, and even more so during Black Friday and Cyber Monday.  iPad Pro (4th Gen) deals 2020 iPad Pro (12.9-inch, 256GB) (medium, Preferred: B&H Photo)Typical price: $999 to $1,450Display sizes: 11-inch, 12.9-inchDisplay type: Liquid Retina display with ProMotion technology and True ToneAvailable colors: Silver, space grayStorage capacities: 128GB, 256GB, 512GB, 1TBThe 2020 iPad Pro may be a generation old, but it performs so well it's on par with some laptops. On the outside, both the 11- and 12.9-inch 2020 iPad Pros have slim bezels, a sharp screen, and are compatible with many great add-ons like the Apple Pencil and Magic Keyboard. Internally, it's a powerhouse; it has an A12Z Bionic processor  with laptop-like power and is available in up to 1TB of storage.Apple sells updated iPad Pros featuring the laptop-grade M1 processor, which replaces the 2020 model. This means that there should be some decent deals on these models while retailers make space for the newer version. Even though Apple released a new model of the iPad Pro, don't expect to get the 2020 version at record lows just yet. Regardless of Apple's release cycle, the best deals are still usually found during major sales like Black Friday and Cyber Monday. Street price varies drastically between each screen size and storage variant, but as a rule of thumb: smaller storage variants usually run for $40 less than retail price, so never settle for paying more. iPad accessory deals Compatibility for some accessories will depend on the iPad you own, but for the most part, add-ons like the Apple Pencil and Magic Keyboard are game-changing to your tablet usage. You can find many off-brand cases and keyboards for much less (and usually with better deals), but you don't need to be an Apple aficionado to recognize the beauty of the official Apple accessories.Discounts for accessories tend to be a bit smaller compared to that of iPads. If you find $10 off an Apple Pencil or $20 off a Magic Keyboard, chances are, it's a worthwhile deal. It's just important to make note of each item's street price, as retail can often be inflated. Product Card (medium, Preferred: Amazon)Read more about how the Insider Reviews team evaluates deals and why you should trust us. Read the original article on Business Insider.....»»

Category: topSource: businessinsider4 hr. 31 min. ago

Pfizer Booster Shot Sees FDA Approval For Seniors And High-Risk People

The U.S. Food and Drug Administration (FDA) has given the go for the application of a Pfizer Inc (NYSE:PFE) booster shot for people aged 65 years and older. The approval also covers those aged 18-64 under high risk of severe COVID-19, or who are severely exposed to the virus. Q2 2021 hedge fund letters, conferences […] The U.S. Food and Drug Administration (FDA) has given the go for the application of a Pfizer Inc (NYSE:PFE) booster shot for people aged 65 years and older. The approval also covers those aged 18-64 under high risk of severe COVID-19, or who are severely exposed to the virus. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Series in PDF Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2021 hedge fund letters, conferences and more Pfizer Booster Shot Approved According to Fox Business, the FDA has approved a single booster shot for certain people to be administered at least six months after receiving their first two doses. FDA Acting Commissioner Janet Woodcock said in a statement, “This pandemic is dynamic so it evolves and yields new data on the safety and efficacy of the vaccines available every day.” “Today’s action demonstrates that science and the currently available data continue to guide the FDA’s decision-making for COVID-19 vaccines during this pandemic,” she continued. “After considering the totality of the available scientific evidence and the deliberations of our advisory committee of independent, external experts, the FDA amended the EUA for the Pfizer-BioNTech COVID-19 Vaccine to allow for a booster dose in certain populations such as health care workers, teachers, and daycare staff, grocery workers and those in homeless shelters or prisons, among others.” Booster Shots Elsewhere The U.S. is not the first country to allow a third dose of the vaccine. In August this year, the Government of Chile announced that it would apply a third dose on those who have been given the first two shots of the CoronaVac vaccine, by the Chinese laboratory Sinovac. Besides Chile and the U.S., countries like Germany, Austria, Uruguay, Canada, Spain, China, Hungary, the United Arab Emirates, Russia, the Dominican Republic, Serbia, and France have approved a third shot. Along with the application of the third dose, the FDA could approve another important measure in the coming days to face the pandemic. The organism could allow the vaccination of children aged 5 and 11 years, after Pfizer announced that its vaccine is safe and produces a solid immune response in this population. At present, according to Fox Business, the U.S. is providing an average of 760,000 vaccinations a day, down from a high of 3.4 million a day in mid-April. “About 180 million Americans are fully vaccinated, or 64% of those who are eligible.” Updated on Sep 23, 2021, 9:20 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalk5 hr. 31 min. ago

10 Things in Politics: New emails reveal Hunter Biden wanted $2M for Libya deal: exclusive

And the FDA authorized COVID-19 booster shots for older adults and people considered at high risk. Welcome back to 10 Things in Politics. Sign up here to receive this newsletter. Plus, download Insider's app for news on the go - click here for iOS and here for Android. Send tips to bgriffiths@insider.com.Here's what we're talking about:Emails reveal Hunter Biden asked for $2 million plus 'success fees' to help unfreeze Libyan assetsFDA authorizes Pfizer-BioNTech booster shots for older adults and others at high riskBiden tries to cool Democratic infighting as his agenda hangs in the balanceWith Phil Rosen. Hunter Biden. Teresa Kroeger/Getty Images for World Food Program USA; Samantha Lee/Insider 1. EXCLUSIVE: Insider obtained emails indicating that Hunter Biden asked for a $2 million annual retainer plus "success fees" to help unfreeze Libyan assets during the Obama administration. The communications offer "a window into the mechanics of Beltway influence peddling and the stock that was put in Biden's political connections," as my colleague writes.Here's a look at Insider's latest scoop:Background: The Obama administration froze up to $15 billion in assets during Muammar Gaddafi's rule. In 2015, long after Gaddafi's ouster and death, two Democratic donors with business in the Persian Gulf pitched Hunter Biden about joining their cause.The two donors were frank in discussing Hunter Biden's connections: "Since he travels with dad he is connected everywhere in Europe and Asia where M.Q. [Gaddafi, also spelled Qaddafi] and LIA [Libya Investment Authority] had money frozen. He said he has access to highest level in PRC [China], he can help there," Sam Jauhari, one donor, wrote in January 2015 to Mohammed al-Rahbani, another donor.Nothing appears to have come from the conversations: The White House declined to provide a statement to Insider. An attorney for al-Rahbani said his client "knows to a certainty that he never spoke to and has no recollection of talking about Hunter Biden."Read more about how the emails show how influence peddling works in Washington.2. FDA authorizes booster shots for older adults and others at high risk: The Food and Drug Administration authorized booster doses of Pfizer-BioNTech's COVID-19 vaccine starting six months after the second dose for older adults and others considered at high risk of falling ill. The FDA decision caps more than a month of messy debate over the US vaccination drive. Here's what still needs to happen including CDC approval, which could happen this week.3. Democrats are working feverishly to avoid a shutdown: Senate Majority Leader Chuck Schumer has yet to tell his fellow Democrats what the party's plan B will be to avoid a government shutdown at the end of the month, Politico reports. Top Senate Republicans have made clear they plan not to support a House-passed bill meant to avert a shutdown and avoid a debt default. Should Democrats elect to do something different, they'll have to move quickly to get it passed in time.Former GOP Treasury secretaries couldn't get Mitch McConnell to budge: The former Treasury secretaries Henry Paulson and Steven Mnuchin met with the Senate minority leader to attempt to resolve the debt-ceiling standoff, The Washington Post reports. But they failed to persuade McConnell to change his stance.Tensions are starting to boil over: "We always do this," Sen. Jon Tester, a Democrat from Montana, told Politico of the stalemate, calling it "a ridiculous exercise" and adding that he couldn't "even compare it to anything I do on the farm that's this stupid."4. Biden tries to cool Democratic infighting: Biden met separately with lawmakers from both wings of the Democratic Party to nudge them away from destroying his domestic agenda in the coming days over a series of disagreements, The Washington Post reports. Centrist Democrats are emphatic that Speaker Nancy Pelosi's earlier promise means the House will vote by Monday on a Senate-passed bipartisan infrastructure bill. Progressive lawmakers, though, don't want to pass the bill until the Senate moves forward on a separate $3.5 trillion plan that would drastically change the safety net. But the White House huddles ended without any new agreements, leaving no certainty that party leaders wouldn't avoid the embarrassment of lawmakers opposing the leader of their party. Democratic Rep. Karen Bass of California, Democratic Sen. Cory Booker of New Jersey, and Republican Sen. Tim Scott of South Carolina. Stefani Reynolds/Getty Images 5. Policing talks have collapsed: Sen. Cory Booker, a Democrat from New Jersey, said there was still "too wide a gulf" and significant differences remained between the two major parties. Negotiations on a sweeping federal bill began last year following the killing of George Floyd. Sen. Tim Scott, a Republican from South Carolina who is his party's lead negotiator in the talks, blamed Democrats for the failure to reach a deal. One of the key sticking points was always whether lawmakers would change the way officers should be held liable for wrongdoing, particularly the issue of so-called qualified immunity. More on the collapse and what Democrats are calling on Biden to do by himself.6. Bush seeking to boost Rep. Liz Cheney's reelection: Former President George W. Bush, in what would be his first event for the midterm cycle, plans to hold a fundraiser for Cheney in Dallas next month. The announcement comes just two weeks after former President Donald Trump endorsed Cheney's GOP primary opponent, Harriet Hageman. Trump has aggressively attacked Cheney, especially after the Wyoming lawmaker voted to impeach him following the Capitol insurrection. More on the long-running feud between the past two GOP presidents.7. James Mattis testifies that he came to doubt Theranos' claims: Mattis, a former defense secretary, testified that he and other Theranos board members were taken aback by issues with the company's technology, The Wall Street Journal reports. "There came a point when I didn't know what to believe about Theranos anymore," Mattis said while on the stand ​​​​during the Theranos founder Elizabeth Holmes' fraud trial. More on Mattis' testimony, including his disclosure that he invested $85,000 in Theranos.8. France is starting to cool off following its submarine snub: France's US ambassador is set to return to his post following his dramatic departure after the US and the UK announced a submarine deal with Australia that cut out the French. The White House and French President Emmanuel Macron released a joint statement announcing the move after a call between the two leaders. Biden and Macron are now set to meet in Europe to further hash things out.9. Texas gov. praises state troopers for erecting a "steel barrier" of vehicles along the border: Gov. Greg Abbott on Tuesday praised border officials and state troopers for positioning miles of police vehicles to deter Haitian migrants from crossing into Texas. Abbott, a Republican, laced into Biden, arguing that the president wasn't doing enough to secure the border. The latest on the situation.10. You can get into every US national park free on Saturday: Entry is free for National Public Lands Day, one of six days this year when national parks open at no entry costs to visitors. You can go look around, hike, and hang out, but the waiver won't cover fees for camping, boat launches, or special tours. Here's everything you need to know for your trip.Today's trivia question: The first memorial built on the Ellipse, an area near the White House, honors the only two American officials thought to be killed in which tragedy? Email your guess and a suggested question to me at bgriffiths@insider.com.Yesterday's answer: The famed director Alfred Hitchcock's iconic movie "North by Northwest" required Cary Grant to be secretly filmed on the UN grounds.Read the original article on Business Insider.....»»

Category: topSource: businessinsider5 hr. 31 min. ago

4 changes employers can make this fall to keep stressed parents and caregivers in the workforce

Parents may get called away if their kids have to quarantine from school or childcare - be prepared by ensuring someone else can cover for them. A employer-sponsored childcare stipend can help alleviate the stress on working parents. Julian Stratenschulte/picture alliance via Getty Images Sarah Mauskopf is CEO of Winnie, a marketplace for daycares, preschools, and childcare. She says employers can do more to support parents who've been balancing work and childcare. Create a plan in case they need time off on short notice, and be understanding to changing childcare needs. See more stories on Insider's business page. Last year, millions of mothers dropped out of the workforce due to COVID-19 and most have not yet returned. Although there was some brief optimism over the summer as vaccination rates rose and cases declined, the more contagious Delta variant has left many parents and employers in a state of uncertainty. With back to school starting, we're already seeing school shutdowns, indicating that this year will be anything but normal for parents in the workforce.As the CEO of a childcare marketplace, I thought my company was well-positioned last year to handle COVID-19. After all, employees could work from home on flexible schedules that worked with their childcare arrangements. But even with these perks, last year was challenging. From mental health struggles to temporary closures of school and daycare, COVID-19 took its toll.Here are a few things I've learned that my company and I are doing differently this time around. They are so simple and any employer can implement them.Reduce risks where possibleJust because you are taking a risk somewhere (like sending your child to school or child care) does not mean you should take other risks like eating indoors in a restaurant. Put simply, risks add up. As an employer, you can play a big role by not adding to your employee's risk pool. Don't ask employees to travel, attend conferences, or take meetings in person if it isn't necessary.Build redundancy into rolesA virus doesn't give you a warning. At any moment an employee can be out for health reasons or because their kids have to quarantine from school or childcare. Prepare ahead by ensuring everyone has a backup who can take over any critical work at a moment's notice.Don't have just one expert in the company who is able to execute a task. It's worth some upfront cost to avoid interruption to your business.Consider paid leave and backup childcare benefitsDo your parent employees know what they will do in case of a school or childcare closure? Even though the federal law around paid leave has expired, it's still important for employers to have a policy in place to handle sudden absences. Paid leave allows people to take the time off they need and not feel the need to log on at night or on the weekend. This ultimately is in the employer's interest as much as the employee's, in that it helps reduce burnout.In cases where a school or daycare center temporarily closes, backup care can be a lifesaver. Offering backup childcare stipends can substantially reduce the risk of employee absenteeism and is a far simpler and cheaper offering than one might think. There is now a growing network of caregivers that provide backup care, including new, virtual options should a quarantine be necessary.Be aware of employees' individual circumstancesRegardless of whatever benefits you are able to extend to your employees on paper, a key form of support is to simply keep lines of communication open. The pandemic has taken a huge toll on people's mental health and burnout is real. You never want to suddenly lose an employee you had no idea was struggling.One survey revealed that lack of support or recognition from company leadership was the top driver of employee burnout. Simply being sensitive and understanding about employee stress levels can go a long way, particularly when it comes to working parents. Though the pandemic has been an unprecedentedly difficult time, it ultimately exacerbated existing hardships and inequities. For this reason, you would be well served to take the lessons of COVID-19 and apply them to an uncertain fall and beyond, permanently creating a workplace that is more efficient and compassionate. Read the original article on Business Insider.....»»

Category: topSource: businessinsider5 hr. 31 min. ago