- Samuel L. Jackson, John David Washington, Ray Fisher, Danielle Deadwyler & More Set For Netflix’s ‘The Piano Lesson’; Denzel Washington, Todd Black Producing Deadline
- Samuel L. Jackson, John David Washington to Star in ‘The Piano Lesson’ Film Adaptation Hollywood Reporter
- Samuel L. Jackson, John David Washington to Star in August Wilson’s ‘The Piano Lesson’ for Netflix Variety
- Samuel L. Jackson and John David Washington to Lead ‘The Piano Lesson’ Adaptation Collider
- Nepo Crazy: Denzel Washington’s Other Son, Malcolm, to Direct “The Piano” Lesson Movie, His Film Debut Showbiz411
- View Full Coverage on Google News
Tag Archives: Ray
Trump news latest: Don Jr, Kimberly Guilfoyle, Ray Epps, Stephanie Grisham Jan 6 transcripts released
January 6 panel unveils report, describes Trump ‘conspiracy’
The January 6 House select committee investigating Donald Trump’s role in the 2021 Capitol riot has released another batch of interview and deposition transcripts.
Included in the latest release are some big names from Trumpworld, including Donald Trump Jr, Kimberly Guilfoyle, and Stephen Miller.
There are also White House insiders that turned against Trump including Stephanie Grisham and Alyssa Farah Griffin, as well as other key figures including Washington DC mayor Muriel Bowser and Steven Sund of the Capitol Police.
Also published was the interview with Ray Epps, a Trump supporter who marched on the Capitol and was accused of working for the FBI by rightwing conspiracists after he was filmed trying to calm the crowd.
Upon the new Congress taking office on 3 January, the committee will be dissolved. It published its full report before Christmas.
Tomorrow, Mr Trump’s finances will be under the spotlight when the House Ways and Means Committee is expected to release the former president’s tax returns.
Don Jr asked about money raised after election and what happened to it
in his January 6 committee transcript, Donald Trump Jr is asked about the $250m raised by the Trump campaign after the election and what happened to all that money.
The former president’s son says he does not know.
Oliver O’Connell29 December 2022 17:10
Don Jr and Kimberly Guilfoyle invoiced $60k for Jan 6 rally appearance
Donald Trump Jr and Kimberly Guilfoyle invoiced Turning Point $60,000 for their appearance at the January 6 rally at the Ellipse according to testimony by the former president’s eldest son. He is not aware if they were paid.
Oliver O’Connell29 December 2022 17:06
Trump’s recycles accusations in latest attack on FBI
Donald Trump took to Truth Social on Thursday morning to launch a new attack against the FBI – citing many of his favourite baseless claims.
He wrote: “So, if the FBI illegally suppressed all of the really bad information on the Biden family (laptop!) at a level never seen before, (“it was Russian disinformation,” they said), while at the same time not letting the many positive things accomplished by “Trump” get out to the public, but would instead put out “bad stuff,” that would be the very definition of the Government’s RIGGING of an Election. Pollsters projected this Scam made a difference of Millions of votes. What are the CONSEQUENCES?”
Oliver O’Connell29 December 2022 17:01
How do you contact a president? What about during an emergency?
Even in the age of smartphones, apparently, you still call the operator, even if the president is your father.
Failing that or in an emergency such as a violent assault on Congress, you text the chief of staff as Donald Trump Jr told the January 6 committee — in this case, Mark Meadows.
Mr Trump told the panel that he texted Mr Meadows telling him that his father need to “condemn this s***” as the Capitol was attacked.
Oliver O’Connell29 December 2022 16:53
Jan 6: Stephanie Grisham reveals why Melania ‘didn’t trust’ Mark Meadows
Former First Lady Melania Trump did not trust her husband’s final chief of staff and was angered by the way he’d allow “harmful” people access to him and the White House’s private family quarters, her long-serving ex-spokesperson and former top White House aide has said.
Andrew Feinberg has the latest from Washington, DC.
Oliver O’Connell29 December 2022 16:50
White House tells GOP to hold their horses on oversight requests
The White House has warned top Republicans who will chair the House Oversight and Judiciary committees that they will have to renew any requests for documents or other oversight requests once the GOP formally takes control of the chamber at the start of the 118th Congress next week.
The Independent obtained letters to Representatives James Comer and Jim Jordan — the incoming chairmen of both committees — from Special Counsel to the President Richard Sauber, in which the White House lawyer said the flurry of demands for documents made by the GOP during the 117th Congress carry no legal or constitutional weight because of longstanding executive branch policy which requires such requests to come from the House majority.
Andrew Feinberg reports from Washington, DC.
Oliver O’Connell29 December 2022 16:37
‘Stop the steal’ organiser pushes blame onto far-right allies during Jan 6 testimony, transcript reveals
The organizer of the rally that preceded the Capitol riot reportedly threw his MAGA-world peer Charlie Kirk to the wolves during a meeting with the House Select Committee investigating the Capitol riot.
Ali Alexander, who organised “Stop the Steal,” told the House Select Committee during a closed-door deposition last year that right-wing media figure and Turning Point USA founder Charlie Kirk was among those at fault for the riot.
Read more about the infighting and backstabbing taking place on the far right in The Independent:
Oliver O’Connell29 December 2022 16:32
Ray Epps told committee about impact of conspiracy theory on his family
Ray Epps, a Trump supporter and retired US Marine who found himself at the centre of a conspiracy theory that he was an undercover federal agent at the Capitol on January 6 to incite a false flag operation, told the committee about the impact of those accusations on his family.
He said he was saddened that leaders he respected tried to ride the baseless accusations for their own gain and that his family has been the subject of death threats and his business has suffered.
Oliver O’Connell29 December 2022 16:27
Melania Trump ‘didn’t trust Meadows’
In her deposition to the Januayr 6 committee, Stephanie Grisham said former first lady Melania Trump “didn’t trust Mark Meadows” among other Trumpworld figures, and expressed frustration that the random people he let up to the White House residence would encounter her in a bathrobe.
Oliver O’Connell29 December 2022 16:22
DC police chief couldn’t make contact with Capitol Police on Jan 6
Washington, DC, Mayor Muriel Bowser told the January 6 select committee that the DC Police Chief was trying to contact Steven Sund, the chief of USCP, and “couldn’t make contact with them.”
Oliver O’Connell29 December 2022 16:17
Florida Sheriff’s Deputy Ray Hamilton killed responding to domestic violence call
A Florida community is mourning the loss of a sheriff’s deputy after he was shot and killed by a domestic violence suspect on Christmas Eve.
The Okaloosa County Sheriff’s Office announced Cpl. Ray Hamilton, a five-year veteran of the department, was fatally injured when 43-year-old Timothy Price-Williams allegedly opened fire on him from inside his residence. Williams was shot in the arm during the gunfire exchange, but is expected to be OK.
Hamilton, who served on the Special Response Team, died shortly after 3 p.m. Saturday at the Fort Walton Beach – Destin Hospital.
The department said deputies responded to the townhome at 710 North Park Blvd. to present a warrant against Price-Williams for a domestic violence battery charge.
The victim reported that Price-Williams slapped her in the face and shoved her during an argument on Friday. She also said he took her phone away, so she couldn’t call 911 for help.
When deputies arrived at the home around 9 a.m. Saturday they made contact with Price-Williams. He reportedly refused to leave the residence, prompting the Special Response Team to come to the scene.
Around 12:40 p.m., he fired shots out of a window, striking Hamilton, wounds that ultimately led to his death.
Advertisement
Price-Williams is charged with first-degree premeditated murder. He received medical attention for his small injury and was transported to the jail after.
In a statement posted to its Facebook page, Okaloosa County Sheriff Eric Aden said the grief from losing Hamilton is devastating, calling him a “ray of sunshine” who was “dedicated to protecting others.”
“We appreciate the endless stream of words of support that have come in for his family and his co-workers as we face this heartbreaking loss of a profoundly loved and respected friend, public servant, and hero,” Aden said.
Hamilton’s death makes him the 61st officer killed by gunfire in 2022.
Ray Guy, Hall of Fame punter with Raiders, dies at 72
Ray Guy, the Hall of Fame punter who won three Super Bowl rings with the Oakland and Los Angeles Raiders over a 14-season career, has died at the age of 72, the NFL announced Thursday.
Guy, who was a seven-time Pro Bowl selection and a member of the NFL’s 100th Anniversary All-Time Team, averaged 42.4 yards over his career from 1973 to 1986. He led the league in the category three times, while finishing second on three other occasions.
Guy also was an expert at flipping the field, recording 209 punts inside the opponents’ 20-yard line.
His longest punt was a 74-yarder against the Denver Broncos in 1977.
In 1973, the Southern Miss All-American became the first punter to be selected in the first round of an NFL draft.
Ray of joy: Nasa captures image of the sun ‘smiling’ | The sun
A Nasa satellite captured an image of what appeared to be a happy face pattern on the sun earlier this week, prompting the US space agency to say the sun was seen “smiling”.
The agency released the image on Wednesday on Twitter, writing: “Today, Nasa’s Solar Dynamics Observatory caught the sun ‘smiling.’ Seen in ultraviolet light, these dark patches on the sun are known as coronal holes and are regions where fast solar wind gushes out into space.”
Say cheese! 📸
Today, NASA’s Solar Dynamics Observatory caught the Sun "smiling." Seen in ultraviolet light, these dark patches on the Sun are known as coronal holes and are regions where fast solar wind gushes out into space. pic.twitter.com/hVRXaN7Z31
— NASA Sun, Space & Scream 🎃 (@NASASun) October 26, 2022
n”,”url”:”https://twitter.com/NASASun/status/1585401697819656193″,”id”:”1585401697819656193″,”hasMedia”:false,”role”:”inline”,”isThirdPartyTracking”:false,”source”:”Twitter”,”elementId”:”02bdb641-5a9e-4646-8bf4-1e9d1e6553fd”}}”>
Say cheese! 📸
Today, NASA’s Solar Dynamics Observatory caught the Sun “smiling.” Seen in ultraviolet light, these dark patches on the Sun are known as coronal holes and are regions where fast solar wind gushes out into space. pic.twitter.com/hVRXaN7Z31
— NASA Sun, Space & Scream 🎃 (@NASASun) October 26, 2022
Nasa’s Solar Dynamics Observatory is an agency mission aimed at investigating how solar activity is created and drives space weather. First launched on 11 February 2010, the observatory’s spacecraft measures the sun’s interior, atmosphere, magnetic field and energy output.
Since its release, Nasa’s photo has prompted a slew of responses online, with many comparing the image to a carved Halloween pumpkin, a lion and the sun featured in the children’s show Teletubbies.
One user replied: “Is that the face of the Stay Puf[t] marshmallow man from Ghostbusters?”
Another compared the sun to BN Mini chocolate biscuits that also feature smiling faces.
Despite its friendly look, experts warn that the sun’s coronal holes may mean a solar storm hitting Earth on Saturday. Spaceweather.com said: “The cheerful mein [sic] is spewing a triple stream of solar wind toward Earth.”
Solar storms are a variety of eruptions of mass and energy from the solar surface that in turn deforms the earth’s magnetic field. As a result, these storms increase the visibility of the polar lights, also known as auroras, in the northern and southern hemispheres.
Bully Ray has a new enemy in Impact
Bully Ray has made a lot of enemies over the years in Impact. Now, it looks like Bully has a new nemesis to fight. The difference is that Bully wasn’t the scumbag on this occasion.
Bully returned to Impact looking to make peace with his past transgressions by doing things the right way for once. After winning the Call Your Shot Gauntlet, he has his eyes on the Impact World Championship. Bully publicly declared to current champion Josh Alexander that there would be no funny business with a sneaky cash-in. Bully will be straight up when he comes for the title.
The problem is that nobody believes Bully due to his treacherous past. Tommy Dreamer is his only friend in Impact, and not even Dreamer fully trusts Bully.
Someone is aiming to capitalize on this scenario. Last week, Ace Austin was assaulted in the parking lot. The perpetrator remains a mystery at the moment, but fingers are being pointed at Bully. This week on Impact Wrestling saw Bully at his wit’s end with the accusations, and one man in particular sticking in his craw.
The Bullet Club didn’t buy Bully’s denials. Words got heated. Bully apologized one more time. When pressed for who could have executed the attack, Bully suggested Moose. Dreamer tried to make peace and clashed with Chris Bey. A match was made for later in the evening. After the Bullet Club exited, Dreamer requested that Bully stay in the back for this match. Dreamer was losing patience at the drama that comes with befriending Bully.
Once the match started, it didn’t take long for Bully to arrive on the scene to balance the presence of Ace ringside. Just as Dreamer predicted, drama followed Bully. Dreamer had momentum for a superplex when Moose decided to mosey down the ramp and bicker with Bully. Moose wasn’t happy about Bully throwing him under the bus as a suspect.
Moose got his payback by tripping Bey and blaming it on Bully. That stoked the fires between Bully and the Bullet Club. Bey managed to prevail anyway by escaping a Death Valley Driver to hit the Art of Finesse cutter to win.
Backstage, Bully lost his cool at nobody trusting him. Bully threatened to get violent next time Moose gets involved.
Impact is crafting an interesting story of pushing Bully to his breaking point. Dealing with Moose will be a test to see where Bully stands. Even though Bully wants to do things the right way with Alexander, walking down that dark road against Moose might push him over the edge with no turning back. After getting a taste of his former villainous nature to deal with Moose, Bully may not be able to resist the urge to be a scumbag when the time comes to cash in for his world title shot.
Do you believe Bully Ray will be honorable in the end?
Robbie Ray vs. Yordan Alvarez was part of Mariners’ ‘plan’, but here’s why the matchup was likely to backfire
The Seattle Mariners scored in the top of the first inning in Game 1 of their ALDS matchup against the top-seeded Houston Astros. They scored three times in the top of the second and held a 6-2 lead in the middle of the fourth. It was 7-3 going to the eighth. It was still 7-5 with two outs in the ninth inning. And yet, the Mariners still lost.
They controlled the entire game until there were two outs in the ninth, even if the Astros’ stellar offense was chipping away. The Mariners still really should have won. Just look at the win expectancy chart:
That’s about as steep as you’ll ever see it. Off a cliff, indeed.
What happened? Well, the Astros’ offense being loaded helped. Yordan Alvarez being the second-scariest hitter — after Aaron Judge — on the planet helped, too. But he Mariners’ decision making was pretty suspect.
Alvarez’s walk-off home run came off Robbie Ray, a starting pitcher who was summoned in relief just to face Alvarez.
So why did the Mariners make this decision? Let’s break things down.
Reasons to bring in Ray
1. He’s left-handed. That’s about it. Ray, the reigning AL Cy Young Award winner, has been much harder on lefties throughout his career and held them to a .212/.260/.387 line this season. He only gave up four home runs to fellow lefties, though it was only in 137 at-bats.
If the Mariners really wanted the platoon advantage on Alvarez, it was either Ray or Matthew Boyd. There are no other lefties on the roster. All the Mariners’ best relievers are right handed. Ray started Game 2 of the Wild Card Series against the Blue Jays and was still called upon Tuesday.
Of course, have you ever seen Alvarez’s splits? He basically hits both sides the same. Here are his career slash lines:
vs. LHP: .303/.381/.582
vs. RHP: .292/.386/.594
He hit .321 against southpaws this season!
If you care about head-to-head history, Alvarez was 1 for 3 with two walks against Ray before this one. It’s too small a sample to really matter, but it wasn’t like there was a bunch of successful history there for Ray coming into the matchup.
Reasons to not bring in Ray
1. He is a starter. Starting pitchers are used to longer, more drawn-out warmups. All players are creatures of habit anyway, so it’s always risky to bring a starter in relief. Some handle it well, but you never know until you try it. Ray has only appeared in relief four times in his entire career, with three of them coming his rookie year in 2014 and one coming in 2020. That’s it.
2. He gives up lots of home runs. Ray finished second in the AL in home runs allowed this season with 32. Even last year, when he won the Cy Young, he was fourth with 33 allowed. Alvarez is one of the best power hitters in baseball and exactly one play beats you: A home run.
3. He hasn’t thrown well lately. Ray had a 5.27 ERA with eight home runs allowed in 27 1/3 innings in his last five regular-season starts. He then coughed up four runs on six hits, including two home runs, in three innings in Game 2 of the Wild Card Series.
4. The Astros have owned him. Ray made three starts against the Astros this season. He gave up 23 hits and 13 earned runs in 10 2/3 innings (10.97 ERA, 2.81 WHIP). Astros hitters slashed .442/.509/.865 against him. Small sample? I guess. Nothing really lines up as encouraging here, though.
5. He’s a fastball guy. Ray throws fastballs nearly 40 percent of the time. That’s his most frequent offering. Alvarez was the second-most valuable hitter against fastballs this season (behind Judge, unsurprisingly), hitting .355 with a .752 slugging against the heater. The homer came on a sinker, but I’m just talking about the thought process to bring Ray in.
Just on the surface, I’ve got five pretty good reasons to not use Ray when there was one reason — albeit a flimsy one — to use him. It was a no-brainer to avoid pulling the trigger on the move.
“We talked about it coming into the series,” Mariners manager Scott Servais said after the game. “We talked about it pregame today. I looked at it in the seventh inning and said, ‘hey, this could happen.’ So that was the plan going in. End of the day, you have a plan, we still got to execute it.”
It’s true. It was the plan and they needed to execute the plan better. But it’s also pretty easy to argue it was a bad plan.
require.config({"baseUrl":"https://sportsfly.cbsistatic.com/fly-0334/bundles/sportsmediajs/js-build","config":{"version":{"fly/components/accordion":"1.0","fly/components/alert":"1.0","fly/components/base":"1.0","fly/components/carousel":"1.0","fly/components/dropdown":"1.0","fly/components/fixate":"1.0","fly/components/form-validate":"1.0","fly/components/image-gallery":"1.0","fly/components/iframe-messenger":"1.0","fly/components/load-more":"1.0","fly/components/load-more-article":"1.0","fly/components/load-more-scroll":"1.0","fly/components/loading":"1.0","fly/components/modal":"1.0","fly/components/modal-iframe":"1.0","fly/components/network-bar":"1.0","fly/components/poll":"1.0","fly/components/search-player":"1.0","fly/components/social-button":"1.0","fly/components/social-counts":"1.0","fly/components/social-links":"1.0","fly/components/tabs":"1.0","fly/components/video":"1.0","fly/libs/easy-xdm":"2.4.17.1","fly/libs/jquery.cookie":"1.2","fly/libs/jquery.throttle-debounce":"1.1","fly/libs/jquery.widget":"1.9.2","fly/libs/omniture.s-code":"1.0","fly/utils/jquery-mobile-init":"1.0","fly/libs/jquery.mobile":"1.3.2","fly/libs/backbone":"1.0.0","fly/libs/underscore":"1.5.1","fly/libs/jquery.easing":"1.3","fly/managers/ad":"2.0","fly/managers/components":"1.0","fly/managers/cookie":"1.0","fly/managers/debug":"1.0","fly/managers/geo":"1.0","fly/managers/gpt":"4.3","fly/managers/history":"2.0","fly/managers/madison":"1.0","fly/managers/social-authentication":"1.0","fly/utils/data-prefix":"1.0","fly/utils/data-selector":"1.0","fly/utils/function-natives":"1.0","fly/utils/guid":"1.0","fly/utils/log":"1.0","fly/utils/object-helper":"1.0","fly/utils/string-helper":"1.0","fly/utils/string-vars":"1.0","fly/utils/url-helper":"1.0","libs/jshashtable":"2.1","libs/select2":"3.5.1","libs/jsonp":"2.4.0","libs/jquery/mobile":"1.4.5","libs/modernizr.custom":"2.6.2","libs/velocity":"1.2.2","libs/dataTables":"1.10.6","libs/dataTables.fixedColumns":"3.0.4","libs/dataTables.fixedHeader":"2.1.2","libs/dateformat":"1.0.3","libs/waypoints/infinite":"3.1.1","libs/waypoints/inview":"3.1.1","libs/waypoints/jquery.waypoints":"3.1.1","libs/waypoints/sticky":"3.1.1","libs/jquery/dotdotdot":"1.6.1","libs/jquery/flexslider":"2.1","libs/jquery/lazyload":"1.9.3","libs/jquery/maskedinput":"1.3.1","libs/jquery/marquee":"1.3.1","libs/jquery/numberformatter":"1.2.3","libs/jquery/placeholder":"0.2.4","libs/jquery/scrollbar":"0.1.6","libs/jquery/tablesorter":"2.0.5","libs/jquery/touchswipe":"1.6.18","libs/jquery/ui/jquery.ui.core":"1.11.4","libs/jquery/ui/jquery.ui.draggable":"1.11.4","libs/jquery/ui/jquery.ui.mouse":"1.11.4","libs/jquery/ui/jquery.ui.position":"1.11.4","libs/jquery/ui/jquery.ui.slider":"1.11.4","libs/jquery/ui/jquery.ui.sortable":"1.11.4","libs/jquery/ui/jquery.ui.touch-punch":"0.2.3","libs/jquery/ui/jquery.ui.autocomplete":"1.11.4","libs/jquery/ui/jquery.ui.accordion":"1.11.4","libs/jquery/ui/jquery.ui.tabs":"1.11.4","libs/jquery/ui/jquery.ui.menu":"1.11.4","libs/jquery/ui/jquery.ui.dialog":"1.11.4","libs/jquery/ui/jquery.ui.resizable":"1.11.4","libs/jquery/ui/jquery.ui.button":"1.11.4","libs/jquery/ui/jquery.ui.tooltip":"1.11.4","libs/jquery/ui/jquery.ui.effects":"1.11.4","libs/jquery/ui/jquery.ui.datepicker":"1.11.4"}},"shim":{"liveconnection/managers/connection":{"deps":["liveconnection/libs/sockjs-0.3.4"]},"liveconnection/libs/sockjs-0.3.4":{"exports":"SockJS"},"libs/setValueFromArray":{"exports":"set"},"libs/getValueFromArray":{"exports":"get"},"fly/libs/jquery.mobile-1.3.2":["version!fly/utils/jquery-mobile-init"],"libs/backbone.marionette":{"deps":["jquery","version!fly/libs/underscore","version!fly/libs/backbone"],"exports":"Marionette"},"fly/libs/underscore-1.5.1":{"exports":"_"},"fly/libs/backbone-1.0.0":{"deps":["version!fly/libs/underscore","jquery"],"exports":"Backbone"},"libs/jquery/ui/jquery.ui.tabs-1.11.4":["jquery","version!libs/jquery/ui/jquery.ui.core","version!fly/libs/jquery.widget"],"libs/jquery/flexslider-2.1":["jquery"],"libs/dataTables.fixedColumns-3.0.4":["jquery","version!libs/dataTables"],"libs/dataTables.fixedHeader-2.1.2":["jquery","version!libs/dataTables"],"https://sports.cbsimg.net/js/CBSi/app/VideoPlayer/AdobePass-min.js":["https://sports.cbsimg.net/js/CBSi/util/Utils-min.js"]},"map":{"*":{"adobe-pass":"https://sports.cbsimg.net/js/CBSi/app/VideoPlayer/AdobePass-min.js","facebook":"https://connect.facebook.net/en_US/sdk.js","facebook-debug":"https://connect.facebook.net/en_US/all/debug.js","google":"https://apis.google.com/js/plusone.js","google-platform":"https://apis.google.com/js/client:platform.js","google-csa":"https://www.google.com/adsense/search/async-ads.js","google-javascript-api":"https://www.google.com/jsapi","google-client-api":"https://apis.google.com/js/api:client.js","gpt":"https://securepubads.g.doubleclick.net/tag/js/gpt.js","hlsjs":"https://cdnjs.cloudflare.com/ajax/libs/hls.js/1.0.7/hls.js","recaptcha":"https://www.google.com/recaptcha/api.js?onload=loadRecaptcha&render=explicit","recaptcha_ajax":"https://www.google.com/recaptcha/api/js/recaptcha_ajax.js","supreme-golf":"https://sgapps-staging.supremegolf.com/search/assets/js/bundle.js","taboola":"https://cdn.taboola.com/libtrc/cbsinteractive-cbssports/loader.js","twitter":"https://platform.twitter.com/widgets.js","video-avia":"https://vidtech.cbsinteractive.com/avia-js/2.4.0/player/avia.min.js","video-avia-ui":"https://vidtech.cbsinteractive.com/avia-js/2.4.0/plugins/ui/avia.ui.min.js","video-avia-gam":"https://vidtech.cbsinteractive.com/avia-js/2.4.0/plugins/gam/avia.gam.min.js","video-avia-hls":"https://vidtech.cbsinteractive.com/avia-js/2.4.0/plugins/hls/avia.hls.min.js","video-avia-playlist":"https://vidtech.cbsinteractive.com/avia-js/2.4.0/plugins/playlist/avia.playlist.min.js","video-ima3":"https://imasdk.googleapis.com/js/sdkloader/ima3.js","video-ima3-dai":"https://imasdk.googleapis.com/js/sdkloader/ima3_dai.js","video-utils":"https://sports.cbsimg.net/js/CBSi/util/Utils-min.js","video-vast-tracking":"https://vidtech.cbsinteractive.com/sb55/vast-js/vtg-vast-client.js"}},"waitSeconds":300});
Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit
After that CPI shock earlier in the week, Wall Street is fielding a fresh batch of data on Thursday, with the headline retail sales number coming in stronger than expected. And a disastrous rail strike may be inverted.
But there’s no cheering up billionaire investor and hedge-fund manager Ray Dalio who in our call of the day asserts the Fed has no choice but to keep driving up interest rates, at a high price to stocks.
And he’s putting some fairly precise guesswork out there. “I estimate that a rise in rates from where they are to about 4.5% will produce about a 20% negative impact on equity prices,” Dalio said in a LinkedIn post dated Tuesday.
Some are forecasting the Fed could hike interest rates by 100 basis points next week, a move not seen since the likewise inflationary 80s. The central bank’s short-term rate hovers between 2.25% to 2.5%, but Nomura, for one, sees that rate headed to 4.75% by 2023.
But Dalio thinks interest rates could even reach the higher end of a 4.5%-to-6% range. “This will bring private sector credit growth down, which will bring private sector spending, and hence the economy down with it,” he says.
Behind this prediction is the Bridgewater Associates founder belief that the market is severely underestimating where inflation will end up — at 2.6% over the next 10 years versus what he sees as 4.5% to 5% in the medium term, barring shocks.
Read: Why a single U.S. inflation report roiled global financial markets — and what comes next
As for what happens when people start losing money in the markets — the so-called “wealth effect” — he expects less spending as they and their lenders grow more cautious.
“The upshot is that it looks likely to me that the inflation rate will stay significantly above what people and the Fed want it to be (while the year-over-year inflation rate will fall), that interest rates will go up, that other markets will go down, and that the economy will be weaker than expected, and that is without consideration given to the worsening trends in internal and external conflicts and their effects.”
The markets
Stock futures
ES00,
-0.25%
YM00,
+0.02%
NQ00,
-0.48%
are slightly lower post data, as Treasury yields
TMUBMUSD10Y,
3.437%
TMUBMUSD02Y,
3.852%
keep climbinging and the dollar
DXY,
-0.10%
firms up.
Oil prices
CL.1,
-1.63%
are lower, along with gold
GC00,
-0.83%.
China stocks
SHCOMP,
-1.16%
HSI,
+0.44%
slipped after the country’s central bank left rates unchanged. European natural-gas prices
GWM00,
+4.13%
are on the rise again. Bitcoin
BTCUSD,
+0.64%
is trading at just over $20,000.
The buzz
Shares of Union Pacific
UNP,
-3.69%,
Norfolk Southern
NSC,
-2.16%
and CSX
CSX,
-1.05%
are rallying in premarket after the White House said it has reached a tentative railway agreement with unions. No deal by Friday would mean strikes and havoc for supply chains, grain markets and even the coming holidays. Read more here.
August retail sales rose a stronger-than-expected 0.3% as Americans spent on new cars while weekly jobless claims came in lower for a fifth-straight week and import prices dropped 1%. Elsewhere, the Empire State manufacturing index perked up on the heels of a deep negative reading, but the Philly Fed factory index worsened. Industrial production and business inventories are still to come.
Adobe shares
ADBE,
+0.85%
are dropping after a report the software company is mulling a $20 billion deal to buy graphic design startup Figma .
Vitalik Buterin, one of the co-founders of Ethereum, says the so-called “merge” is done, meaning the birth of a more environmentally friendly crypto. Ethereum
ETHUSD,
-1.22%
is up just a little right now.
A new lawsuit claims Tesla
TSLA,
+3.59%
has made false promises over Autopilot and Full Self Driving features. And move over Tesla, Apple
AAPL,
+0.96%
is now Wall Street’s biggest short bet.
Ericsson
ERIC,
-3.32%
ERIC.A,
-1.78%
ERIC.B,
-3.34%
is dropping after a double downgrade at Credit Suisse, who cited inflationary headwinds. Analysts lifted Nokia
NOKIA,
-0.51%
NOK,
-0.40%
to outperform, though the stock is barely moving.
Cathie Wood’s Ark Investment Management went on a dip-buying spree after Tuesday’s market meltdown, scooping up chiefly Roku
ROKU,
+0.44%.
Opinion: Pinterest never considered itself a social network. Until now.
Patagonia billionaire Yvon Chouinard is donating his entire company — worth $3 billion — to the climate fight.
Best of the web
No U.S. shale rescue for Europe.
Turkey finds an extra $24.4 billion laying around.
Queue to pay respects to Queen is 2.6 miles long and counting.
The tickers
These were the top-searched tickers on MarketWatch as of 6 a.m. Eastern Time:
| Ticker | Security name |
|
TSLA, +3.59% |
Tesla |
|
GME, +1.01% |
GameStop |
|
AMC, +1.95% |
AMC Entertainment |
|
BBBY, +4.66% |
Bed Bath & Beyond |
|
HKD, +311.78% |
AMTD Digital |
|
NIO, -0.14% |
NIO |
|
AAPL, +0.96% |
Apple |
|
APE, +0.94% |
AMC Entertainment preferred shares |
|
AMZN, +1.36% |
Amazon |
|
NVDA, -0.02% |
Nvidia |
Random reads
Scientists try to teach robots comedic timing
Sausage, mozzarella, batter. Meet South Korea’s hot dog.
Need to Know starts early and is updated until the opening bell, but sign up here to get it delivered once to your email box. The emailed version will be sent out at about 7:30 a.m. Eastern.
Ray J claims he filmed 3 sex tapes with Kim Kardashian, slams Kris
Ray J is doing whatever it takes to clear his name.
The singer, who infamously appeared in a sex tape with ex Kim Kardashian, slammed Kris Jenner on Saturday after she took a lie detector test he claims was “fake.”
“YOU f–ked with THE WRONG BLACK MAN krisjenner @kimkardashian,” Ray J, 41, captioned a 44-minute Instagram video.
“I DONT GIVE A F–K HOW OLD THIS S–T IS!! WHAT YOU TRYING TO DO TO ME IS ALMOST INHUMANE AND FOUL AT THE HIGHEST LEVEL — F–K THIS BEING JUST RACIST — THIS IS WRONG TO DO TO ANYBODY — YOU THINK YOU CAN JUST F–K PEOPLE OVER AND GET AWAY WITH IT FOREVER!!!”
His heated post followed Jenner’s recent appearance on the “Late Late Show with James Corden” where she answered a series of James Corden’s questions while hooked up to a polygraph machine.
During the interview, the momager, 66, was adamant that she had nothing to do with the release of her daughter’s sex tape. The lie detector examiner, John Grogan, determined she was being truthful.
“John Grogan is a fake,” Ray J, who is the younger brother of singer Brandy, further claimed in the post. “He is not a polygraph examiner. He is quite accurately known as the polygraph parasite. … THIS IS THE DUDE KRIS JENNER HAD TAKEN HER LIE DETECTOR TEST TO MAKE ME LOOK LIKE A LIAR! AND WHATS MORE SAD IS THE NETWORK ALLOWED IT TO HAPPEN!!”
The R&B artist — born William Ray Norwood Jr. — also shared a series of Instagram DMs he allegedly exchanged with the SKIMS mogul in April.
“You know what we did! Your mom controlled this whole sex tape deal with Joe Francis and [Vivid CEO] Steve Hirsch – it was her idea to put out the tape with Vivid. All I did was agree,” Ray allegedly messaged her on April 14.
He continued, “Now you want to make it seem like I’m doing it again without your control. All those fake tears. Your fans trusting you to be honest and sincere but it’s all fake for the cameras. I was playing my part until you started doing all of this!”
Ray was referencing a recent episode of “The Kardashians” in which Kardashian’s estranged husband Kanye West recovers a computer, which was believed to have contained any remaining video footage of the pair.
“The show filmed in real time the day in hell that I had with my lawyers when your manager threatened to release another tape that doesn’t exist – and my son who was five years old at the time seeing an ad with my cry face emoji that said “Kim’s new sex tape” as click bate in Roblox,” Kim allegedly responded to him via DM, referencing the “new footage” that was allegedly going to be leaked by Ray’s manager Wack 100.
The mother-of-four continued, “It was upsetting to have to deal with and I am sure can understand how that feels. My ‘burn them to the ground’ comment was a generalization to anyone threatening to hold this over my head 20 years later. We are both parents now with young kids and careers and I’m sure you want to move on from this just like I do. But your manager is the person who brought this all up out of nowhere and I have a right to share how it affected me.”
Ray responded that he felt as though “everyone wins but me” because he’s the “bad guy every time.”
Elsewhere in the lengthy video, he showed what appeared to be his original sex tape contract, which outlined that they both received $400,000.
On a separate page listing the deliverables of the contract, three separate tapes were listed, which Ray claims Kim hand wrote.
Reps for Kardashian and Jenner did not immediately respond to Page Six’s requests for comment.
Intel Meteor Lake CPUs With TGPU Reportedly Features Ray Tracing Support, Sports FP64 Compute But Lacks XMX Units
In a new commit published on GitHub, Intel might have confirmed ray tracing support for their Meteor Lake CPUs with Xe-HPG TGPU. The Intel 14th Gen Meteor Lake CPUs are scheduled for release in 2023 and will come with a range of new features, including brand new hybrid cores, integrated graphics using tiled- designs, and a VPU accelerator which we talked about in our last coverage.
Intel Meteor Lake CPUs With TGPU Design Reportedly Comes With Ray Tracing & FP64 Support But Lacks XMX Units
According to a detailed report published by Coelacanth-Dream, it looks like the GPU featured on the Intel Meteor Lake CPUs is detected as a Xe-HPG product within IGC (Intel Graphics Compiler). Considering that, we can assume that it will be using the same architecture as the existing DG2 or Alchemist GPUs but that’s not entirely the case.
The Meteor Lake GPU which is also known as tGPU (Tiled-GPU) does not support DPAS (Dot Product Accumulate Systolic) instructions executed through the XMX units because it reportedly is not equipped with those. In a previous report, we covered how Intel’s Meteor Lake CPU’s graphics unit would lack XMX, resulting in lower feature-level support for technologies such as XeSS but it will instead feature partial FP64 support, something that’s been missing in Intel iGPUs for the past few generations.
The more interesting detail is that the TGPU (Xe-MTL) on the Intel Meteor Lake CPUs is reportedly going to come with hardware-level raytracing support. The TGPU is said to offer the same level of ray-tracing support as Alchemist and Ponte Vecchio GPUs since there’s no change in the design, at least as far as ray tracing is concerned.
Regarding support for HW ray tracing on Meteor Lake GPUs
IGC/AdaptorCommon/RayTracing/PrologueShaders.cpp, itIGFX_METEORLAKEis believed that they support it because of the addition of .Other than that, in the code part that determines his HW ray tracing support, it seems that Meteor Lake GPU supports it as well as Alchemist / DG2 and Ponte Vechhio because there is no change.
via Coelacanth-Dream
Intel’s Meteor Lake CPU tiled-GPU won’t be the first integrated graphics chip to offer support for ray-tracing. AMD has been offering it for almost a year now with their Ryzen 6000 “Rembrandt” APUs that feature RDNA 2 iGPUs. This will be Intel’s first ray-tracing-enabled integrated graphics but we hope that some partial XeSS or AI-level upsampling support is added. As we have seen with AMD’s APUs, technologies such as FSR 2.0 can really help deliver playable FPS in gaming titles and that would be really awesome for mobile gamers.
Intel Meteor Lake Mobility CPU Lineup Expected Features:
- Triple-Hybrid CPU Architecture (P/E/LP-E Cores)
- Brand New Redwood Cove (P-Cores)
- Brand New Crestmont (E-Cores)
- Up To 14 Cores (6+8) For H/P Series & Up To 12 Cores (4+8) For U Series CPUs
- Intel 4 Process Node For CPU, TSMC For tGPU
- Intel ‘Xe-MTL’ GPU With Up To 192/128 EUs
- Up To LPDDR5X-7467 & DDR5-5200 Support
- Up To 96 GB DDR5 & 64 GB LPDDR5X Capacities
- Intel VPU For AI Inferencing With Atom Cores
- x8 Gen 5 Lanes For Discrete GPU (Only H-Series)
- Triple x4 M.2 Gen 4 SSD Support
- Four Thunderbolt 4 Ports
The Intel 14th Gen Meteor Lake CPUs are expected to launch by the second half of 2023 and will be utilizing the “Intel 4” process node along with a host of 3rd party IPs/process nodes for the rest of the tiles. Expect more information on Meteor Lake CPUs at Hot Chips 34.
Intel Mobility CPU Lineup:
| CPU Family | Arrow Lake | Meteor Lake | Raptor Lake | Alder Lake |
|---|---|---|---|---|
| Process Node (CPU Tile) | Intel 20A ‘5nm EUV” | Intel 4 ‘7nm EUV’ | Intel 7 ’10nm ESF’ | Intel 7 ’10nm ESF’ |
| CPU Architecture | Hybrid (Four-Core) | Hybrid (Triple-Core) | Hybrid (Dual-Core) | Hybrid (Dual-Core) |
| P-Core Architecture | Lion Cove | Redwood Cove | Raptor Cove | Golden Cove |
| E-Core Architecture | Skymont | Crestmont | Gracemont | Gracemont |
| Top Configuration | TBD | 6+8 (H-Series) | 6+8 (H-Series) | 6+8 (H-Series) |
| Max Cores / Threads | TBD | 14/20 | 14/20 | 14/20 |
| Planned Lineup | H/P/U Series | H/P/U Series | H/P/U Series | H/P/U Series |
| GPU Architecture | Xe2 Battlemage ‘Xe-LPG’ or Xe3 Celestial “Xe-LPG” |
Xe-LPG ‘Xe-MTL’ | Iris Xe (Gen 12) | Iris Xe (Gen 12) |
| GPU Execution Units | 192 EUs (1024 Cores)? | 128 EUs (1024 Cores) 192 EUs (1536 Cores) |
96 EUs (768 Cores) | 96 EUs (768 Cores) |
| Memory Support | TBD | DDR5-5600 LPDDR5-7400 LPDDR5X – 7400+ |
DDR5-5200 LPDDR5-5200 LPDDR5-6400 |
DDR5-4800 LPDDR5-5200 LPDDR5X-4267 |
| Memory Capacity (Max) | TBD | 96 GB | 64 GB | 64 GB |
| Thunderbolt 4 Ports | TBD | 4 | 2 | 2 |
| WiFi Capability | TBD | WiFi 6E | WiFi 6E | WiFi 6E |
| TDP | TBD | 15-45W | 15-45W | 15-45W |
| Launch | 2H 2024? | 2H 2023 | 1H 2023 | 1H 2022 |
News Source: HardwareTimes