August 2024 - Page 30 of 93

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2024

Blake Lively and Ryan Reynolds reportedly move to the suburbs amid controversy over the movie “It All Ends With Us”.

Hello, entertainment fans! Welcome back to our daily roundup of the most talked about news from Hollywood and beyond. Today, August 22, 2024, was a particularly exciting day, with a mix of movie premieres and celebrity lifestyle choices capturing the media’s attention. Let’s dive into the significant developments that had everyone talking. Spotlight on Ryan Reynolds and Blake Lively At the center of today's updates are power couple Ryan Reynolds and Blake Lively, who recently graced the New York premiere of their latest project, "It Ends With Us." The event, held at AMC Lincoln Square on August 6, put the…

Aug

23

2024

By Lily Chang

Deutsche Bank shares up 4% after settlement of major Postbank acquisition lawsuit

Social Responsibility

Deutsche Bank has successfully negotiated settlements with about 60 percent of the plaintiffs in a long-running legal battle over allegations that it undervalued its acquisition of Postbank. That acquisition occurred more than a decade ago. In a recent announcement, Deutsche Bank revealed that it has finalized agreements with more than 80 claimants at a rate of 31 euros ($34.53) per share, as originally offered by the bank. This agreement is expected to positively impact Deutsche Bank's third-quarter pre-tax profit of 430 million euros. By the close of trading at 4.25pm in London, Deutsche Bank shares had risen 3.95%, hitting a…

Aug

23

2024

By Lily Chang

Anticipating Powell’s speech at Jackson Hole: policy changes on the horizon

Investments and Business

Jackson Hole, Wyoming — As the financial community eagerly awaits Federal Reserve Chairman Jerome Powell’s speech on Friday, clarity is expected on the anticipated shift in interest rate policy following the Federal Open Market Committee’s landmark two-day meeting in Washington, DC, last July. Market sentiments and forecasts The consensus among market analysts is that the Federal Reserve is poised to begin cutting interest rates as early as September, with continued adjustments likely through the end of the year and into 2025. While the size and timing of these cuts remain points of debate, Powell’s next speech is expected to shed…

Aug

23

2024

By Lily Chang

Biden passes torch to Harris amid emotional convention in Chicago

Politics

Chicago, United States — On an emotional night at the Democratic National Convention, President Joe Biden took the stage to wholeheartedly endorse Vice President Kamala Harris as the next leader of the Democratic Party. His endorsement came amid rapturous applause and marked a significant moment, symbolizing a passing of the torch. At 81, Biden received a warm reception, signaling a collective relief within the party following his decision not to seek reelection. This strategic move early in the convention in Chicago was intended to honor Biden and push Harris into a direct competition with Republican Donald Trump, whose campaign has…