Bank of America has reported that the S&P 500 is displaying a “rare signal” which indicates that the market rally has significant potential. Technical strategist Stephen Suttmeier stated that the S&P 500 closed at a new 52-week high for the first time in 525 calendar days on Monday. This milestone supports the bull case for
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The People’s Bank of China (PBOC) has cut its seven-day reverse repurchase rate, a key short-term policy rate, as the country faces disappointing economic data after a Covid-19 reopening that failed to gain momentum. This is the first such move by the central bank since August and follows the country’s largest banks cutting deposit rates
Jon Hamm and Tina Fey reunite on screen for a rare chance to see Fey out of her comedic zone. Directed by John Slattery, Hamm’s multi-Emmy-nominated Mad Men co-star, Maggie Moore(s) had its world premiere at the Tribeca Festival Spotlight Narrative section. On paper, the film presents an extremely clever premise for a murder mystery.
After more than 40 years of hosting the popular game show “Wheel of Fortune,” Pat Sajak has announced that he will be stepping down as host next year. In a tweet on Monday night, Sajak revealed that the upcoming 41st season, which begins in September, will be his last. He expressed gratitude to his fans
Eddie Alcazar’s highly acclaimed feature film “Divinity” is set to premiere internationally at the Taormina Film Festival in Italy on June 29th. The film has received high praise at Sundance and has been acquired by Utopia and Sumerian for seven figures. It will also be screened at the Munich Film Festival in Germany and the
The COVID inquiry, which has been highly anticipated, will conduct its first public hearing today. The hearing will include an opening statement from Baroness Hallett, the chair of the inquiry, and a film containing testimonies from bereaved families that has been described as “difficult to watch.” Baroness Hallett, a retired judge, has pledged to make
Experts claim that global warming is making the weather conditions that generate tornadoes more frequent and widespread, which is leading to a surge in the number of areas that are affected. Climate Central reports that the U.S. has experienced six times more billion-dollar severe storms in the past decade than in the previous two decades,
The United States Senate’s Permanent Subcommittee on Investigations has launched a review of the PGA Tour’s proposed partnership with Saudi Arabia’s Public Investment Fund (PIF) and the DP World Tour. The PGA Tour had announced that it would create a new for-profit entity that would combine the commercial businesses of the LIV Golf League, which
Greenwich Entertainment has secured the U.S. distribution rights for the French comedy film “Two Tickets to Greece” (known as “Les Cyclades” in French). The movie stars Laure Calamy (Call My Agent!), Olivia Côte (My Donkey, My Lover & I), and Kristin Scott Thomas (The English Patient). The film is set to release in theaters on
Amazon is using artificial intelligence (AI) to help customers find the right product by summarizing customer reviews on some products. The feature provides a brief overview of what shoppers liked and disliked about the product, along with a disclaimer that the summary is “AI-generated from the text of customer reviews.” AI-generated Summaries Amazon began testing