SALEM, Va. (WFXR) — For the second straight season, Salem’s refurbished Moyer Sports Complex is playing host to Virginia Tech Softball’s Hokie Invite.

Discover how CBN FX reforms have boosted Nigeria’s external reserves to $50.45bn and stabilised the naira, despite ongoing economic vulnerabilities. Read More: https://punchng.com/cbn-fx-reforms-boost-reserves-stabilise-naira/

The series is currently filming in and around Chicago.

Russia's Finance Ministry has suspended foreign exchange and gold operations for March, a move described as 'unexpected' by analysts, to adjust its 'budget rule'.

Cyprus commemorates 69 years since the death of Grigoris Afxentiou, a Greek Cypriot hero known for his role in the struggle for Enosis (union with Greece).

SALEM, Va. (WFXR) – After a dramatic one-point victory over top-seeded Randolph-Macon College to claim the Old Dominion Athletic Conference championship, the Roanoke College men’s basketball team is headed back to the NCAA Division III Men’s Basketball Tournament for the second your in a row. The Maroons are set to open play on March 6 […]

The Ultimate Fighter (TUF) was created for Spike, crossed over to FOX, FX, and Fuel TV, found new life on ESPN, and will be resurrected on Paramount+.

Karnataka Chief Minister Siddaramaiah announced plans at GAFX 2026 to cultivate VFX innovators from every district of the state.

The upcoming week for foreign exchange and bond markets will focus heavily on the release of U.S. jobs data, which is expected to influence market movements.

The upcoming week's focus for foreign exchange and bond markets will be on the release of U.S. jobs data.

Bengaluru is a city where creativity finds capital, says Chief Minister Siddaramaiah

LYNCHBURG, Va. (WFXR) — The North Cross boys basketball team gets an upset win over Virginia Episcopal, 74-62 in the VISAA Division II Quarterfinals. North Cross will play The Miller School in the sem

Lisa DePaulo is weighing in on this romantic portrayal.  As FX’s Love Story continues to explore John F. Kennedy Jr. and Carolyn Bessette’s fascinating marriage, the journalist—who worked for JFK...

ROANOKE, Va. (WFXR) – The William Fleming girls basketball team advances to the Region 5C final with a 67-32 win over Mills Godwin in the regional semifinals. The Colonels clinch a spot in the Class 5

A former staff writer for John F. Kennedy Jr.'s magazine 'George' tells us what she really thinks of Ryan Murphy's new FX series.

Bank of America observes an increasing trend of firms in the Philippines hedging their foreign exchange risks.

OFX Group has announced the appointment of a new Chief Financial Officer.

While false peacemakers continue their hypocritical babbling that art (and sports) should not be mixed with politics, English singer-songwriter Billy Bragg and American punk rockers "NOFX" are among many musicians who...

BEDFORD, Va. (WFXR) — Liberty beats Glenvar, 82-74 in the Boys Region 2C Quarterfinals. The Minutemen take on Dan River in the semifinals Wednesday at Franklin County H.S.

A definitive biography detailing the mythologized relationship of Carolyn Bessette Kennedy and John F. Kennedy Jr. has reappeared on bestseller lists, coinciding with FX's new 'Love Story' series.

Several reality TV personalities, including Lauren Goodger, have admitted guilt to breaking laws by promoting FX trading on Instagram without proper disclosure, acting as 'finfluencers'.

The South Korean won is experiencing the most significant losses among various Asian currencies.

Jakub Porzycki/NurPhoto via Getty Images OpenAI hired the creator of OpenClaw, Peter Steinberger. The news made waves in the AI community. Some AI leaders took to X to celebrate the news, and others expressed concern. OpenAI announced on Sunday it had hired Peter Steinberger, the creator of OpenClaw. Within hours, the news sent ripples across the AI community, drawing praise from some executives, jabs from rivals, and a flood of memes from engineers watching the talent wars unfold. Steinberger wrote in a blog post shared on X Sunday that he was "joining OpenAI to work on bringing agents to everyone." OpenAI CEO Sam Altman amplified the news, writing that "the future is going to be extremely multi-agent." Peter Steinberger is joining OpenAI to drive the next generation of personal agents. He is a genius with a lot of amazing ideas about the future of very smart agents interacting with each other to do very useful things for people. We expect this will quickly become core to our… — Sam Altman (@sama) February 15, 2026 In response to the news, several OpenAI leaders welcomed Steinberger. Thibault Sottiaux, an engineering lead on OpenAI's Codex team, wrote that "@steipete is proof you can just build things." @steipete is proof you can just build things — Tibo (@thsottiaux) February 15, 2026 Another Codex engineer posted that one of the "neat" parts of OpenAI's culture is how many former founders work there. One thing @steipete and I talked about over lunch last week was how many former founders are at OpenAI. It’s a really neat part of the culture. — Andrew Ambrosino (@ajambrosino) February 16, 2026 Steinberger told Lex Friedman in a podcast last week that both Mark Zuckerberg and Altman had made him offers. OpenClaw and its agent-only social media network Moltbook became wildly popular earlier this year as developers and AI enthusiasts shared clips of autonomous AI agents posting, replying, and interacting online. The open-source project, which demonstrates how networks of AI agents can coordinate to perform tasks across apps, also rapidly gained traction on GitHub. After Steinberger's announcement on Sunday, some of the people who worked on OpenClaw commented on the news. "I know the decision was not an easy one, and I saw firsthand the pressure Peter was under, given that he understands how fundamental this could be for the AI timeline," Jamieson O'Reilly, an OpenClaw advisor, wrote on X in a post congratulating Steinberger. One thing has become very clear to me working together with @steipete on @openclaw. While lots of people spectate from the sidelines, sharing their opinions, concerns and even hot takes at times, the dude is there, vigilantly on the front-lines pushing AI forward for every one… https://t.co/fe5OEKgevm — Jamieson O'Reilly (@theonejvo) February 16, 2026 Aaron Levie, the CEO of Box, said it was a sign "2026 was the year of the agents." If anyone was wondering if 2026 was the year of agents, OpenAI is bringing on the maker of Openclaw. This space is about to get very real. https://t.co/ocqX4kE9PT — Aaron Levie (@levie) February 15, 2026 Not everyone in the tech space was as enthusiastic about the news. XAI cofounder Igor Babuschkin asked users on X: "What's the best open alternative to OpenClaw right now? Doesn't make sense to put all your data into it if it's owned by OpenAI." PayPal mafia member Jason Calacanis expressed similar concerns. 😔 what are the chances the open source project survives / thrives after this? https://t.co/4sUZkKWkGh — @jason (@Jason) February 15, 2026 Steinberger and OpenAI have said that OpenClaw will remain an open-source project with OpenAI's support. Other experts in the space pointed out that OpenAI's win could be a loss for Anthropic, especially after Steinberger wrote on X that Anthropic sent "love letters from legal." "Another interesting detail is Anthropic's visible disdain for anything open source: their only contribution to this was legal threats," George Orosz, a tech industry analyst and author of the tech newsletter The Pragmatic Engineer, wrote on X. Kris Puckett, a designer at Stripe, expressed a similar sentiment Instead of @AnthropicAI getting Claudebot, they rushed legal to send a C&D and lost out on not only brilliant talent but community drive. Truly would love to know the decision making process. — Kris Puckett (@krispuckett) February 16, 2026 Raphael Schaad, a visiting partner at Y Combinator, said, "I bet this causes lots of VC tears." I bet this causes lots of VC tears and angry OSS folks. But think about this: - Peter showed the future and lots of awesome startups are starting to bloom from this. Invest in those! - Peter created one of the most exciting OSS projects in years. The community is vibrant and… https://t.co/RFWwfXU9Lz — Raphael Schaad (@raphaelschaad) February 15, 2026 And finally, some X power users did what they do best: posted memes about the news. Was expecting this one in replies pic.twitter.com/bfcZt3Ugg6 — Tibor Blaho (@btibor91) February 15, 2026 Read the original article on Business Insider

Japan's former foreign exchange chief has stated that a rate hike is necessary to ensure a stable market, signaling potential shifts in the country's monetary policy.

SPOILER ALERT: This post contains stories from the two-part Season 1 finale of “The Beauty,” now streaming on FX on Hulu and Disney+.

Better Call Saul co-creator Peter Gould has joined the FX and Hulu family. The Gould and T-Street project Disinherited has been ordered to series for the network and the streamer. We announced the pilot was in the works in June, with Victoria Pedretti and Kiera Allen set to star. Additional cast included Karl Glusman, Alan Ruck, Katja […]

ROANOKE COUNTY, Va. (WFXR) — The Hidden Valley boys basketball season came to an end as the Titans fall to Western Albemarle 72-64 in the Class 3 Quarterfinals.

Latam FX, stock plunge to over one-month low as Middle East war stokes inflation fears  TradingView

Nigeria’s Central Bank (CBN) enacts a rate cut to 26.5%, citing easing inflation and FX stability. Learn about the key drivers and fiscal risks involved. Read More: https://punchng.com/cbn-bets-on-easing-inflation-fx-stability-for-rate-cut/

The Kennedy scion, whose late uncle John F. Kennedy Jr. and wife Carolyn Bessette are portrayed in the FX TV show, is continuing to speak out against what he calls a "grotesque display of someone…

Dungeons & Dragons players and DMs who enjoy games like FFXIV and WoW or perhaps shows like Frieren and Avatar will love this 5e supplement.

The FX show, adapted by Murphy and longtime collaborator Matt Hodgson from the comic book, explores the extremes people will go to achieve perfection — with a star-studded cast.

The upcoming week will see a strong focus on U.S. jobs data, which is expected to influence foreign exchange and bond markets.

Karnataka Chief Minister Siddaramaiah emphasized at the Bengaluru GAFX Conference that artificial intelligence should be utilized to augment human creativity rather than replace artists.

The transcript for Teleflex (TFX) Q4 2025 earnings call has been released, providing details on their financial performance.

SALEM, Va. (WFXR) — The Salem girls advance to the Class 4 quarterfinals and the Region 4D title game as the win over Mecklenburg County, 70-23 in the regional semifinals. Salem will host Charlottesvi

ROANOKE COUNTY, Va. (WFXR) — The North Cross boys basketball team advances to the VISAA Division II quarterfinals with a 77-65 win over Atlantic Shores Christian. The Raiders will play at Virginia Epi

Flywire has provided its financial outlook for 2026, projecting an FX-neutral revenue growth of 15% to 21% while also anticipating scaling EBITDA margins.

LatAM FX up, stocks mixed as US trade uncertainty looms; Mexican assets slide  TradingView

Bank of America observes a trend of more firms in the Philippines hedging their foreign exchange risks.

Final Fantasy fans are advised to mark their calendars for April 24-25, 2026, for announcements regarding upcoming releases related to FFXIV.

Camp cinema legend John Waters has announced he will have a significant role in the upcoming 13th season of Ryan Murphy's 'American Horror Story' on FX.

BEDFORD, Va. (WFXR) — Liberty beats Martinsville, 49-23 in the Girls Region 2C Quarterfinals. The Lady Minutemen take on Floyd County in the semifinals Tuesday at Franklin County H.S.

John F. Kennedy Jr. and his wife, Carolyn Bessette Kennedy, attended the Municipal Art Society Gala in 1998. Richard Corkery/NY Daily News Archive/Getty Images John F. Kennedy Jr., his wife, and her sister died in a 1999 plane crash near Martha's Vineyard. Rumors of a "Kennedy curse" were fueled by multiple family tragedies over the decades. JFK Jr. and Carolyn Bessette's relationship is now the topic of an FX series, "Love Story." The Kennedy family has been subjected to many tragedies over the years, including two assassinations and a plane crash that took the lives of John F. Kennedy Jr. and two other passengers. Nearly 27 years ago, on July 16, 1999, John F. Kennedy Jr., his wife Carolyn Bessette-Kennedy, and her older sister Lauren Bessette were killed in a plane crash off the coast of Martha's Vineyard in Massachusetts. There were no survivors from the accident. The relationship between John F. Kennedy Jr. and Carolyn Bessette-Kennedy is now the topic of an FX series executive-produced by Ryan Murphy, "Love Story." Their deaths became a major news story and perpetuated rumors of a "Kennedy curse." JFK Jr.'s father, former President John F. Kennedy, was assassinated in 1963. His uncle, Robert "Bobby" Kennedy, was assassinated five years later in 1968. And two years before JFK Jr.'s death, his cousin Michael Kennedy also died after hitting a tree while skiing in Aspen, Colorado. Here's what we know about the plane crash that killed John F. Kennedy Jr. and two others. John F. Kennedy Jr. frequently made headlines throughout the 1990s. John F. Kennedy, Jr. at the Democratic National Convention in 1988. Bettmann/Getty Images As the son of a president and a member of one of America's most prominent political dynasties, John F. Kennedy Jr. was destined for the spotlight. JFK Jr. was born on November 25, 1960, just two weeks after his father was elected president. His father was assassinated on November 22, 1963, just three days shy of JFK Jr.'s third birthday. JFK Jr., affectionately nicknamed "John-John" by the public, attended the funeral on his birthday and was famously photographed saluting his father's casket. Throughout much of his adolescence and adulthood, he mostly remained out of the public eye. However, his public image began to change after he introduced his uncle, Ted Kennedy, at the Democratic National Convention in 1988. In September 1988, People named Kennedy, who was then a 27-year-old third-year law student at NYU, the "Sexiest Man Alive." JFK Jr. also dated a few celebrities throughout the 1990s, including "Sex and the City" star Sarah Jessica Parker, Cindy Crawford, and Daryl Hannah. John F. Kennedy Jr. began dating Carolyn Bessette, a publicist for Calvin Klein, in 1994. John F. Kennedy Jr. and Carolyn Bessette-Kennedy in 1995. Rose Hartman/Getty Images They met in the fitting room at Calvin Klein, where Bessette helped JFK Jr. pick out wardrobe items, Elizabeth Beller wrote in "Once Upon a Time: The Captivating Life of Carolyn Bessette-Kennedy," cited by People. Tall, sophisticated, and beautiful, JFK Jr.'s new girlfriend captivated the public. After two years of dating, the pair married in an intimate ceremony on Cumberland Island, Georgia, People reported. While their wedding ceremony was private, their relationship was anything but, thanks to the prying eyes of the paparazzi. Evan Agostini/Getty Images; NY Daily News Archive/Getty Images The media attention may have even inspired Kennedy to get his pilot's license in 1998. "That was some of the happiest times he ever had. Floating around with the buzzards in his Buckeye [plane]. It was the freedom," his close friend Robbie Littell told "JFK Jr: An Intimate Oral Biography" author RoseMarie Terenzio, according to People. "He said, 'It's the only place I can go where no one is bothering me. I have complete silence, and no one can get to me except the air traffic controllers.' Maybe that gives you insight into what he was really dealing with on the ground," his college friend Gary Ginsberg said, People reported. John F. Kennedy Jr. was traveling to Martha's Vineyard with his wife and her older sister when their plane was reported missing. The hangar where John Kennedy Jr. kept his Piper Saratoga airplane. Ron Galella/Ron Galella Collection/Getty Images The Washington Post reported that Kennedy departed Essex County Airport near Fairfield, New Jersey, at around 8:38 p.m. on Friday, July 16, 1999. The sun was already beginning to set and "hazy conditions," which had been reported earlier in the evening, were getting worse, People reported. Kennedy planned to drop his sister-in-law Lauren Bessette on Martha's Vineyard before traveling to his family's compound in Hyannis Port with Carolyn. The couple was due to attend his cousin Rory Kennedy's wedding the following day, according to People. However, the plane never landed in Martha's Vineyard. An unidentified driver reported the plane had failed to arrive at Martha's Vineyard Airport as expected, according to the Post, citing an NBC report. It kicked off a search for the missing aircraft in the early hours of July 17. The Kennedy family notified the Cape Cod Coast Guard that the couple had not made it back to Hyannis. A Coast Guard helicopter searching for debris from John Kennedy Jr.'s plane. Daniel Goodrich/Newsday RM/Getty Images The Washington Post reported that the Coast Guard then began investigating whether the plane had landed at another airport. By 4 a.m., the Coast Guard began searching for the missing plane, and by 7:30 a.m., the Air Force and Coast Guard had launched 20 aircraft vehicles and two boats to search the area between Long Island and Martha's Vineyard, according to the Post's timeline. On Sunday afternoon, what was presumed to be debris from the plane was found on Philbin Beach on Martha's Vineyard. Among the debris was a headrest that was later concluded to be from the missing aircraft and a black suitcase that contained Lauren Bessette's business card. Rory Kennedy's wedding, scheduled for 6 p.m. that night, was put on hold as the family awaited more news. The Washington Post reported that after more debris was found in the days to follow, the search-and-rescue mission became a search-and-recovery mission. All three of the plane's passengers were now presumed dead. John F. Kennedy Jr. was 38 years old. Carolyn Bessette-Kennedy was 33, and her sister Lauren Bessette was 34. Five days after the crash, the bodies of John F. Kennedy Jr., Carolyn Bessette-Kennedy, and Lauren Bessette were recovered. Massachusetts State Police divers left Menemsha on Martha's Vineyard on July 19, 1999. DON EMMERT/AFP/Getty Images The debris field was identified off the coast of Martha's Vineyard, relatively near the estate once owned by Jacqueline Kennedy Onassis, Kennedy's mother, The New York Times reported. (Kennedy Onassis died in 1994.) The bodies of John F. Kennedy Jr., Carolyn Bessette-Kennedy, and Lauren Bessette were discovered by Navy divers on July 22, 1999, after an extensive search approved by President Bill Clinton. The bodies of the crash victims, which were ''near and under'' the main body of the aircraft, were still strapped in, according to the Times. Details began to emerge about what led to the crash. A television technician holds up the official handout map of the search and rescue area off Martha's Vineyard. JOHN MOTTERN/AFP/Getty Images Kennedy had only flown about 72 hours without a flight instructor, and had only about 300 total hours of flying experience, The New York Times reported in July 2000. He had reportedly rejected an offer to have a flight instructor accompany the group on their journey. As a newly trained pilot, Kennedy was not licensed to fly and navigate the air using flying instruments. Instead, he had only trained to fly using sight alone, which would have been extremely difficult in dark or hazy conditions such as those on the night of July 16. Warren Morningstar, a spokesman for the Aircraft Owners and Pilots Association, told the Times that "flying at night over featureless terrain or water, and particularly in haze or in overcast, is a prime setup for spatial disorientation." About an hour into the trip, the plane's flight path became irregular as it began its descent into Martha's Vineyard, indicating that the pilot may have become disoriented by the darkness of the sky and the water, the National Transportation Safety Board concluded. "His flight path into the water is consistent with what is known as a graveyard spiral," Jeff Guzzetti, an NTSB investigator in the accident, told Terenzio, according to People. "The airplane makes a spiral nose down … kind of like going down a drain. The plane went into one final turn and it stayed in that turn pretty much all the way down to the ocean." The aircraft went down in the water about 7 miles from its intended destination of Martha's Vineyard. Mourners pay respects at the floral shrine outside of the building where John F. Kennedy Jr. and Carolyn lived in 1999. Allan Tannenbaum/Getty Images The Washington Post reported that the plane did not send out a distress call. Instead, it made its final descent and crashed into the Atlantic Ocean in under 30 seconds. Kennedy, Kennedy-Bessette, and Bessette's bodies were cremated and buried at sea off the coast of Martha's Vineyard on July 22, 1999. "We are filled with unspeakable grief and sadness by the loss of John and Carolyn and Lauren Bessette," Ted Kennedy said in a statement on behalf of the Kennedy family. "John was a shining light in all our lives and in the lives of the nation and the world that first came to know him as a little boy." As the country mourned the loss, rumors of a "Kennedy curse" were reignited. John F. Kennedy, Jr. and Carolyn Bessette-Kennedy attended the White House Correspondents dinner in 1999. Tyler Mallory/Liaison/Getty Images The extensive search captured the nation's attention, as did the tragedy of the three young passengers' deaths. Yet another tragic accident for the Kennedy family, the plane crash only added to rumors of a Kennedy family curse. "I've looked high and low and cannot find another family since the ancient Greek House of Atreus that has suffered more calamities and misfortunes than the Kennedys," Edward Klein, the author of "The Kennedy Curse: Why Tragedy Has Haunted America's First Family for 150 Years," said, according to The Washington Post. While there are many logical reasons for the fateful plane crash, it's nevertheless poignant that the Kennedy family, one of the wealthiest and most influential political families in the world, has suffered so much tragedy throughout the last 100 years. "The humanity of their story is what keeps us engaged," Kennedy family biographer J. Randy Taraborrelli told NBC News in 2019. "We peer behind the scenes of their wealthy lifestyle, and we see, for all the advantages they have, tragedy can still happen." Read the original article on Business Insider

SALEM, Va. (WFXR) — The Roanoke College men’s basketball team survived a tough challenge from the University of Lynchburg Wednesday night, outlasting the Hornets 93-88 in overtime in an Old Dominion Athletic Conference (ODAC) game. With the win, Roanoke clinches at least the No. 3 seed in the ODAC Tournament next week and a quarterfinal-round […]

The VFX team behind James Cameron's 'Avatar: Fire and Ash' discussed the creation of water simulations for the film, which continues the story of the Sully family after 'The Way of Water'.

Futures, Global Markets Rise With US Markets Closed For President's Day Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents’ Day holiday and mainland China’s markets closed for Lunar New Year holidays, trading was muted on Monday. As of 9:00am ET, futures on the S&P 500 added 0.4% and Europe’s Stoxx 600 index rose 0.4% as banking shares rebounded from a sharp decline last week. German bunds and Treasury futures were steady after US yields touched the lowest since December on Friday. The path of US interest rates remains in focus following Friday’s slower-than-expected US inflation print as traders fully price a Fed cut in July and the strong chance of a move in June.   “The backdrop for equities is positive post CPI,” said Andrea Gabellone, head of global equities at KBC Securities. At the same time, there could be “more dispersion ahead as sentiment around key AI-exposed sectors is still very critical,” he added.  That sentiment was echoed by other strategists seeking to distinguish between AI losers and winners. A JPMorgan Chase & Co. team led by Mislav Matejka urged caution on stocks at risk of AI-driven “cannibalization,” including software, business services and media companies. Meanwhile, banks are developing baskets to capitalize on the divergence: as we first reported last Thursday, Goldman launched a new basket of software stocks that goes long firms that will benefit from AI adoption, while shorting the companies whose workflows could be replaced. With AI disruption rippling through markets, a lot will come down to earnings resilience, in particular in the US.  “When you look at the current earnings season, the companies are showing 13% of growth,” Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan, told Bloomberg TV. “Overall, this is the reason why we continue to be positive on the S&P.” Later this week, traders will be watching for ADP private payrolls numbers on Tuesday and the minutes from the Fed’s January meeting on Wednesday for a fresh read on the economy. European stocks gained with bank shares rebounding, after posting their biggest weekly decline since April on worries about disruption from artificial intelligence. The basic resources sector lags, with Norsk Hydro among Europe’s worst performers as both Goldman Sachs and RBC downgrade the stock. Stoxx 600 rises 0.4% to 620.26 with 253 members down, 336 up, and 11 unchanged. Here are some of the biggest movers on Monday:  NatWest shares rise as much as 4%, the most since October, as Citi analyst Andrew Coombs raises his price target on the UK bank to a Street-high. Seraphim Space shares rise as much as 9.2%, briefly hitting a new all-time high, after the space tech investment firm said the valuations of its four largest holdings increased over the final months of 2025. AECI shares rally as much as 6.1%, the most since July, after the South African commercial-explosives maker shared improved 2025 headline earnings per share guidance. Orsted shares rise as much as 3.8% after analysts at Kepler raise the recommendation to buy from hold over the Danish renewable energy firm’s outlook, despite ongoing uncertainty for the industry in the US. Norsk Hydro shares fall as much as 4.4%, extending Friday’s 5.9% earnings-triggered drop, after being downgraded at Goldman Sachs and RBC over disappointments and pricing pressures in the Norwegian aluminum company’s downstream business. Galderma shares slip as much as 2.2% after naming Luigi La Corte as its new chief financial officer following the news back in July that Thomas Dittrich was departing. Pinewood Technologies shares tumble as much as 32%, the most since April 2024, after Apax Partners said on Friday it will not proceed with a possible cash offer for the car dealership software provider. FlatexDEGIRO shares drop as much as 7.2% after BNP Paribas downgraded the online brokerage firm to neutral from outperform, saying the price reflects too much optimism about its market position in Germany. Maurel & Prom shares slump as much as 12%, pulling back after ending last week at a 2015-high, after announcing it is not currently authorized to resume oil and gas operations in Venezuela. Barratt Redrow shares fall as much as 3.7%, leading a drop in British homebuilders after Rightmove said house prices are stalling. Asian stocks slipped for a second day, led by declines in Japan as traders booked profits after last week’s post-election rally. Several markets were closed or held shortened trading sessions for the Lunar New Year holiday. The MSCI Asia Pacific Index was down 0.1%. Japan’s Topix Index fell 0.8%, with Mizuho Financial Group Inc. and Toyota Motor Corp. among the companies contributing to the index’s losses.In Hong Kong, AI model developer Minimax Group Inc. surged as much as 30% to more than four times its original listing price, while competitor Knowledge Atlas JSC Ltd. ended 4.7% higher. The market will be closed until Thursday. As investors across the region begin to reevaluate their bets on its artificial-intelligence-driven rally, traders in Japan cashed in gains driven by expectations of Prime Minister Sanae Takaichi’s proactive spending policies last week.Trading in Singapore ended early Monday and will be shut until Wednesday. Equity markets in mainland China, South Korea, Indonesia and Vietnam were closed.  In FX, the yen is the notable mover in currencies, weakening 0.5% against the dollar and pushing USD/JPY back above 153. The offshore yuan is one of the better performers against the greenback. The Bloomberg Dollar Spot Index rises 0.1%. There is no cash trading in Treasuries due to the Presidents’ Day holiday. European government bonds are little changed In commdities, gold dipped below $5,000 an ounce, as traders booked profits from a gain in the previous session. Bitcoin tried anf ailed to stage a modest rebound; it last traded around $68,275 after posting its fourth consecutive weekly loss, with the cryptocurrency struggling to find clear direction as a weekend rally fizzled once the momentum ignition algos emerged.  WTI crude futures tread water near $62.90 a barrel.  Top Headlines President Trump said there will be voter ID rules in the mid-term elections this year, whether Congress approves it or not, and they will present a legal argument in an Executive Order. Furthermore, Trump said he has searched the depths of legal arguments not yet articulated nor vetted on this subject, and they will be presenting an irrefutable one in the very near future. Iran says potential energy, mining and aircraft deals on table in talks with US: RTRS Pentagon threatened to cut its ties with Anthropic over the company’s insistence that some limitations are kept on how the military uses its AI models: RTRS UK eyes rapid ban on social media for under 16s, curbs to AI chatbots: RTRS Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis: BBG Warner Bros. Weighs Reopening Sale Negotiations With Paramount: BBG Companies Are Replacing CEOs in Record Numbers—and They’re Getting Younger: WSJ Europe aims to rely less on US defence after Trump's Greenland push: RTRS DOJ Tells Lawmakers Epstein File Redactions Complied With LawL BBG For College Applicants, Pressure to Make Summers Count Has Gotten Even Worse: WSJ Fed's Goolsbee (2027 voter) said on Friday that they are still seeing pretty high services inflation, and he hopes they have seen the peak impact of tariffs, while he added that the job market has been steady, with only modest cooling.  The Break Is Over. Companies Are Jacking Up Prices Again: WSJ Trade/Tariffs USTR Greer said the US and Ecuador expect to sign a trade agreement in the coming weeks. China will waive import value-added taxes on selected seeds, genetic resources, and police dogs through to 2030 to increase agricultural competitiveness and breeding capacity. It was also reported that China will grant zero-tariff access to 53 African nations from May 1st, according to Bloomberg. Chinese Foreign Minister Wang Yi told his French and German counterparts that China and the EU are partners, not rivals, while he added that China and the EU should manage differences, deepen practical cooperation and work together on global challenges. A more detailed look at global markets courtesy of Newsquawk APAC stocks began the week in the green but with gains limited following a lack of major fresh catalysts from over the weekend and amid thinned conditions owing to holiday closures in the region and North America. ASX 200 traded marginally higher with upside led by tech, although gains are capped by underperformance in the utilities, mining, materials and resources sectors, while participants also digested a slew of earnings releases. Nikkei 225 traded indecisively with the index constrained by disappointing Japanese preliminary Q4 GDP data, which showed the economy returned to growth but failed to meet expectations with GDP Q/Q at 0.1% (exp. 0.4%), and annualised GDP at 0.2% (exp. 1.6%). Hang Seng finished higher in a shortened trading session on Chinese New Year's Eve but with upside limited by tech weakness amid some confusion after the Pentagon added several companies including Baidu, Cosco, BYD, Huawei, Nio, SMIC, Tencent, and more to a list of Chinese firms aiding the military on Friday, but then withdrew the updated list shortly after it was posted. Furthermore, price action was also restricted by the closure of mainland markets and the absence of stock connect flows, which will remain shut for more than a week. US equity futures kept afloat in quiet trade amid the absence of drivers and participants. European equity futures indicate a mildly positive cash market open with Euro Stoxx 50 futures up 0.1% after the cash market closed with losses of 0.4% on Friday. Asian Headlines Chinese President Xi called for the anchoring of economic growth around domestic demand as its main driver, in a speech during a key policy meeting late last year that was released on Sunday. China is to establish a permanent financial support framework to promote rural revitalisation and prevent a slide back into poverty, which represents a shift from transitional aid to long-term support. China’s market regulator summoned major online platform companies on Friday, including Alibaba, Douyin and Meituan, while it directed them to comply with laws and regulations, and rein in promotional practices, according to Bloomberg. US Secretary of State Rubio and Japanese Foreign Minister Motegi reaffirmed their commitment to deepen bilateral ties. Disney (DIS) sent a ‘cease and desist’ letter to ByteDance over Seedance 2.0 and alleged that ByteDance has been infringing on its IP to train and develop an AI video generation model without compensation, according to Axios. It was later reported that ByteDance said it would curb its AI video app following Disney's legal threats, according to the BBC. RBI tightened rules for loans provided to brokers and proprietary firms in an effort to reduce market speculation FX DXY eked slight gains in rangebound trade after a lack of major catalysts and with US participants away on Monday. EUR/USD was little changed amid the absence of any major macro catalysts and with light newsflow from the bloc, while comments from ECB President Lagarde and news that the ECB is to make its repo backstop available to other central banks across the world, did little to spur price action. GBP/USD held on to most of Friday's spoils but with price action contained by resistance around 1.3650 and following comments from BoE's Mann that the UK economy is sluggish and tepid, with consumers spending less due to being scarred by high inflation. USD/JPY edged higher and returned to above the 153.00 level in the aftermath of the weaker-than-expected preliminary Q4 GDP data for Japan. Antipodeans were mixed with little fresh macro drivers and a lack of tier-1 data from either side of the Tasman. Fixed Income 10yr UST futures traded little changed and held on to last week's spoils after returning above the 113.00 level in the aftermath of the softer US inflation data, while price action was contained to start the week by the closure of US cash markets for Washington's Birthday. Bund futures lacked demand in the absence of any major catalysts and with light newsflow from the bloc. 10yr JGB futures were marginally higher following disappointing preliminary GDP data for Q4, but with gains limited after failing to sustain a brief reclaim of the 132.00 level. Commodities Crude futures were rangebound amid light energy-specific newsflow from over the weekend and after last Friday's indecisive performance, where attention was on a source report that noted OPEC+ is leaning towards resuming oil output hikes from April, but with no decision made. Slovak PM Fico said he has information that the Druzhba pipeline has been fixed after damage in Ukraine, although he believes that supplies to Hungary and Slovakia have become a part of political blackmail. Spot gold took a breather after edging higher in the aftermath of the recent softer-than-expected US inflation data, with price action also contained by the holiday closures across Asia and North America. Copper futures were subdued, with their largest buyer away for more than a week due to the Chinese New Year/Spring Festival holiday. Texas venture-backed startup Hertha Metal vowed mass production of steel with 25% cost savings, which could reduce US reliance on imports. Geopolitics: Middle East US military is preparing for potential operations against Iran that could last for weeks if US President Trump orders an attack and the US fully expects Iran to retaliate, according to sources cited by Reuters. US President Trump told Israeli PM Netanyahu during a meeting in December that he would support Israel striking Iran’s ballistic missile program if the US and Iran are not able to reach a deal, according to CBS. Iran confirmed that indirect talks between the US and Iran will resume in Geneva on Tuesday under the mediation of Oman, while Iranian Foreign Minister Araghchi left for Geneva on Sunday. Iranian diplomat said Iran is open to nuclear deal compromises if the US discusses lifting sanctions, while it was also reported that Iran said potential energy, mining and aircraft deals are on the table in talks with the US. Israel’s cabinet approved the proposal to register West Bank lands as ‘state property’, while Palestinians condemned the ‘de facto annexation’ which Peace Now said likely amounts to a ‘mega land grab’. Geopolitics: Ukraine US President Trump said on Friday that Ukrainian President Zelensky is going to have to get moving and that Russia wants to get a deal. US Secretary of State Rubio said they don’t know if Russia is serious about finding an end to the war in Ukraine and will continue to test it, while it was reported that he met with Ukrainian President Zelensky on security and deepening defence and economic partnerships. Ukrainian drones targeted Russia’s Taman seaport and fuel tanks in the Black Sea region. UK and European allies were reported on Friday to be weighing seizing Russian shadow fleet ships and tightening curbs on Russia's economy. French Foreign Minister Barrot said some G7 nations have expressed a willingness to proceed with a maritime services ban on Russian oil, which they hope to include in the 20th sanctions package that they are actively preparing. Geopolitics: Other European Commission President von der Leyen said that they face the very distinct threat of outside forces trying to weaken their union, while she added that mutual defence is not an optional task for the European Union; it is an obligation within their own treaty, and it is their collective commitment to stand by each other in case of aggression. Pentagon said the US military struck an alleged drug cartel boat in the Caribbean, which killed three people. DB's Jim Reid concludes the overnigt wrap I hope you all had a good weekend. To stay in Winter Olympics mood the family watched "Cool Runnings" last night. I haven't seen it for 32 years. Please don't tell anyone but I had a few tears in my eyes at the end. I blamed it on the hay fever that has now started. There will be a lot of tears out there in markets for other reasons at the moment. Just two weeks ago, the idea of AI-driven disruption still felt like an abstract, almost academic thought experiment—something we could safely revisit once we had clearer evidence of how AI would be deployed and integrated across the economy. Fast forward 14 days, and markets have wiped out well over a trillion dollars of global equity value on the fear that AI could fundamentally reshape business models and compress profitability across a wide range of industries, including software, legal services, IT consulting, wealth management, logistics, insurance, real estate brokerage and commercial real estate. Some of the sell off in “old economy” sectors feels overdone to me. But as I argued in our 2026 World Outlook back in November, the real challenge is that even by the end of this year we still won’t have enough evidence to identify the structural winners and losers with confidence. That leaves plenty of room for investors’ imaginations—both optimistic and pessimistic—to run wild. As such big sentiment swings will continue to be the order of the day. My instinct is that the reaction in things like commercial real estate, for example, has been particularly exaggerated. Markets seem to be extrapolating a scenario in which vast numbers of white collar workers are made redundant almost overnight, leading to a dramatic collapse in office demand. If that view turns out to be correct, we’ll be facing societal challenges far larger than anything currently being priced into equities. While trying to catch a falling knife may be too risky for many, beginning to cushion the descent could be sensible in many old economy sectors. Markets can’t sustain a disruption narrative across multiple sectors for months or quarters without concrete evidence — and that evidence is likely to take much longer to emerge. Fascinating times. As for this week, today is a US holiday but inflation will remain in the spotlight at a global level after Friday's slightly softer US CPI which helped contribute to a decent rates rally to end the week. Prints are due in the US (PCE - Friday), the UK (Wednesday), Canada (Tuesday) and Japan (Friday). Other economic highlights will include the FOMC minutes (Wednesday), Q4 GDP in the US (Friday), as well as the global flash PMIs (Friday). Earnings reports will feature Walmart (Thursday), Nestlé (Thursday) and BHP (today). It's the earnings calm before next week's Nvidia storm. In the US, this holiday shortened week (President's Day today) features a data calendar dominated by releases that were pushed back by last year’s government shutdown. The most consequential updates will land on Friday, when the advance estimate of Q4 GDP arrives alongside December’s personal income and consumption figures—key inputs for shaping expectations for the early part of this year. For markets assessing the underlying pulse of demand heading into 2026, private final sales to domestic purchasers (PFDP) will carry more weight than the headline GDP print. This indicator—closely monitored by Fed Chair Powell—is expected by our economists to slow to 2.0% from 2.9% in Q3, though risks appear tilted upward. One swing factor: Wednesday’s durable goods report, where modest gains outside of transportation could soften the deceleration. On the consumer front, real PCE growth is expected to cool to 2.5% after two quarters of outsized strength but should still signal ample momentum heading into the new year. Friday’s income and spending report will also offer the latest reading on core PCE, the Fed’s preferred inflation gauge. Our economists expect another 0.4% monthly increase for December, lifting the year over year rate to 2.9%. Updated seasonal factors from last week’s CPI release suggest some mild downward pressure on inflation trends in the second half of 2025. Still, January’s CPI data, although softer than we anticipated, do not translate into equivalent relief for core PCE—in fact, our team currently sees another 0.4% gain for January's release (delayed until March 13th). Depending on the strength of medical services, airfare, and portfolio management components in the upcoming PPI report, a 0.5% monthly rise cannot be ruled out, which would push the year over year rate toward 3.1%. So don't get too excited about the softer CPI last week and the huge rates rally. Additional releases this week will help clarify whether recent severe winter weather has disrupted factory sector activity. January industrial production, due Wednesday, should benefit from a jump in utility output, while weather effects may weigh on the Empire State Survey tomorrow and the Philadelphia Fed survey on Thursday. Labor market data will also be in focus, particularly Thursday’s jobless claims, which line up with the survey week for the February employment report. As our economists have pointed out, private nonfarm job gains have averaged 103k over the past three months, slightly above the pace at this point in 2025 and matching the start of 2024. See their latest US employment chartbook here. This week will also feature a dense lineup of Federal Reserve speakers which you can see alongside all the key global data in the day-by-day week ahead calendar at the end as usual. Moving away from the US, inflation will also be in focus in Japan (Friday) and Canada (tomorrow). For the former, our Chief Japan Economist sees the January nationwide CPI showing a slowdown in both core CPI inflation ex. fresh food to 2.1% YoY (+2.4% in December) and core-core CPI inflation ex. fresh food and energy to 2.7% (+2.9%). Also important will be the global flash PMIs due on Friday as a health check on global growth. In Europe, the spotlight will be on UK inflation (Wednesday), with labour market data due tomorrow and retail sales on Friday. Our UK economist expects headline CPI inflation to drop to 3.0% YoY (3.4% in December) and core CPI also landing at 3.0% YoY (3.2% YoY). See more in his full preview here. In terms of key rate decisions, the RBNZ are expected to remain on hold on Wednesday. Finally, the Munich Security Conference wrapped up over the weekend, where key topics included Ukraine, Russia, and the fate of Greenland. And while US Secretary of State Marco Rubio’s speech was nothing like Vice President JD Vance’s at last year’s conference, which triggered a “wake-up” call for European leaders, Rubio reiterated the administration’s view that Europe needed to leave behind its focus on energy policies, trade and mass migration. Recapping last week now, the tech volatility that has dogged markets since the start of the month broadened into a far more indiscriminate sell-off. The trough came on Thursday, marked by a sharp drop in software stocks, but the weakness extended well beyond tech. Companies across wealth management, real estate and financials suffered double digit declines, underscoring how widespread the pullback has become. Market breadth confirmed this shift as the equal weighted S&P 500 fell -1.37% on Thursday, though it managed to finish the week up +0.29% (+1.04% on Friday). Ultimately, the sell-off left the major US indices on the back foot: the S&P 500 slipped -1.39% (+0.05% on Friday), the Nasdaq lost -2.10% (-0.22% on Friday), and the Magnificent 7 slid -3.24% (-1.11% on Friday). Although the AI scare dominated sentiment, a heavy slate of US data also shaped the market narrative. Early in the week, softer prints—including flat December retail sales, a dovish Q4 Employment Cost Index, and slower Q4 growth expectations from the Atlanta Fed—pushed Treasury yields lower across the curve. That picture shifted midweek after a stronger than expected January jobs report, which delivered the largest gain in nonfarm payrolls (+130k vs. +65k expected) since December 2024 and reinforced confidence that the US economy carried solid momentum into 2026. Then on Friday, January CPI came in below expectations, adding another dovish note. Although the data offered mixed signals at times, the overall takeaway was sufficiently dovish for traders to increase the number of expected rate cuts by December 2026 to 63.4bps (+7.7bps on the week). This helped drive the largest weekly drop in the 10 year Treasury yield since August 2025, down -15.8bps (-5.0bps on Friday) to 4.05%. The 2 year yield also moved sharply lower, falling -8.9bps to 3.41% (-4.8bps on Friday), its lowest level since 2022. European markets, meanwhile, delivered a comparatively resilient performance. The STOXX 600 (+0.09%, -0.13% Friday), DAX (+0.78%, +0.25% Friday) and FTSE 100 (+0.74%, +0.42% Friday) all posted modest gains for the week. European sovereign bonds rallied as well, with the 10 year bund yield dropping -8.7bps—its steepest weekly decline since April 2025. That move was outpaced by gilts, which fell -9.8bps (-3.6bps on Friday) despite a sharp early week sell-off triggered by renewed questions surrounding Prime Minister Keir Starmer’s position. Elsewhere, performance was mixed. Brent crude edged down -0.44% (+0.34% on Friday), while gold extended its upward run, rising +1.56% (+2.43% on Friday). Will London’s half term week finally give us a quiet week in 2026? You’d probably have to guess at ‘unlikely’. Tyler Durden Mon, 02/16/2026 - 09:40

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JFK Jr. and Carolyn Bessette in New York City, and Paul Kelly and Sarah Pidgeon are seen on the set of "Love Story." Mitchell Gerber/Corbis/VCG via Getty Images; Jose Perez/Bauer-Griffin/GC Images/Getty Images "Love Story" follows the doomed love story of JFK Jr. and Carolyn Bessette-Kennedy. The show recreates several of Bessette-Kennedy's iconic looks and timeless style. The show's costume designer was replaced after initial backlash to how star Sarah Pidgeon was styled. The iconic style of Carolyn Bessette-Kennedy has been often imitated but never replicated — until now. "Love Story," which is produced by Ryan Murphy for FX, chronicles the fated relationship between John F. Kennedy Jr. and Carolyn Bessette-Kennedy, who died in a plane crash off the coast of Martha's Vineyard in July 1999. The series has drawn praise for its striking casting — with Sarah Pidgeon bearing an uncanny resemblance to Carolyn Bessette-Kennedy and Paul Anthony Kelly closely capturing the look of John F. Kennedy Jr. — as well as for its thoughtful costume design, which carefully recreates and honors Bessette-Kennedy's real-life style. Here's a look at how the show recreated and paid homage to Carolyn Bessette-Kennedy's style. The series recreated an early Carolyn Bessette-Kennedy look down to the leather loafers. Jenny Landy and Carolyn Bessette Kennedy in New York City in 1995; Sarah Pidgeon is seen filming "Love Story" in New York City. Patrick McMullan/Patrick McMullan/Getty Images; TheStewartofNY/GC Images In this scene, before she meets John F. Kennedy Jr. for the first time, Carolyn (played by Sarah Pidgeon) wears a simple black turtleneck, flared black capri pants, and black leather loafers. In both the show and real life, Bessette-Kennedy worked as a showroom assistant for Calvin Klein before rising the ranks to become head of publicity for the fashion house. Despite marrying into American royalty, Bessette-Kennedy knew how to perfect a casual look. JFK Jr. and Carolyn Bessette in New York City, and Paul Kelly and Sarah Pidgeon are seen on the set of "Love Story." Mitchell Gerber/Corbis/VCG via Getty Images; Jose Perez/Bauer-Griffin/GC Images/Getty Images She was often seen wearing loose Levi's 517 jeans, her hair slicked back into a bun, with a simple monochromatic coat over the top. When it came to recreating the New York City icon's style, the series didn't always nail it. Early leaked images from the set were criticized online for being too modern, fast-fashion-looking, and different from Kennedy-Bessette's more upscale style. In response to the backlash, the show brought in a new costume designer, Rudy Mance, who dedicated himself to making the costumes as accurate as possible. "I get it. I'm protective of [John and Carolyn] as well. We all just wanted to be as precise and accurate as possible," Mance told Variety. Mance said he and his team studied for months throughout filming, comparing old paparazzi photos of the couple with the new looks he was creating for the show and pulling in as many archival and vintage pieces as possible to accurately recreate the look. Part of Bessette-Kennedy's enduring appeal was her dedication to a minimalist, understated style that felt polished yet effortlessly cool. Lawrence Schwartzwald/Sygma/Getty Images; Jose Perez/Bauer-Griffin/GC Images/Getty Images "There's so much mystery about Carolyn. My familiarity with her was through paparazzi images," lead actor Sarah Pidgeon told Vogue. Mance said that recreating Kennedy's style before she was thrust into the public eye was the most challenging. "Everybody knows what they wore from 1996 to 1999, but we were telling the story of how they met," he said, according to Glamour. Her formal looks remained simple but added a sexy edge, a balance "Love Story" tried to recreate. Carolyn Bessette-Kennedy and JFK Jr. in 1998; Sarah Pidgeon in "Love Story." Steve Eichner/Penske Media/Getty Images; FX Networks Bessette-Kennedy often looked effortlessly sexy when she stepped out on red carpets, like in the strapless black Yohji Yamamoto gown photographed above. Pidgeon wears a similar dress for her meet-cute with Kelly in episode one of the series. It was delicate work for Pidgeon to strike the same balance, especially when fans reacted strongly to early images of her in the role. However, the actor told Vogue she was ultimately grateful for the public feedback about her portrayal. "The online conversations at the beginning of the process served as a reminder of how important it was to get our portrayal of Carolyn correct. She grew even more important to me," Pidgeon told Vogue. "People really, really love Carolyn, and my priority every single day on set was doing justice to her legacy." And even when they were recreating simple outfits, the "Love Story" team ensured the fit was similar to what Carolyn would have worn. Carolyn Bessette Kennedy poses for a picture at a gala in 1999; Sarah Pidgeon in "Love Story." Evan Agostini/Liaison/Getty Images; FX Networks Although Bessette-Kennedy's simple outfits could be recreated with off-brand designers — like the white blouse and floor-length black skirt by Yohji Yamamoto that she wore in 1999 — Mance was dedicated to finding archival pieces. Pidgeon was wearing true recreations of Bessette-Kennedy's looks whenever possible. He also ensured the pieces would fit Pidgeon similarly to how they fit Bessette-Kennedy, as Pidgeon told Vogue. "We found her Prada and Valentino coats, and fitted some Levi's so that they looked exactly how they fit Carolyn," Pidgeon told Vogue. By recreating the magic of Bessette-Kennedy's wardrobe, the "Love Story" team offered a window into her world. Carolyn Bessette Kennedy in 1999; Sarah Pidgeon on the set of "Love Story." Justin Ide/Getty Images; Jose Perez/Bauer-Griffin/GC Images/Getty Images Kennedy's clothes were always going to play a central part in her on-screen portrayal since style was so critical to her identity. However, Pidgeon said she hoped the clothes she wears offer a jumping-off point for the total woman she hopes to portray. "She is known as this minimalist fashion icon, but I learned that she was also vivacious, funny, and had a wildness about her," she told Vogue. Read the original article on Business Insider

It made sense for Love Story: John F. Kennedy Jr. & Carolyn Bessette to start with the end. Because no matter what approach the Ryan Murphy-produced FX on Hulu limited series took to tell the...

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