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CNBC Daily Open: Americans' mood on the economy sinks
  + stars: | 2024-02-28 | by ( Sumathi Bala | ) www.cnbc.com   time to read: 1 min
In this article MCOSPGI Follow your favorite stocks CREATE FREE ACCOUNTU.S. President Joe Biden speaks with workers while visiting CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023. Evelyn Hockstein | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? What you need to know todayThe bottom line
Persons: Joe Biden, Evelyn Hockstein Organizations: CS Wind, Reuters, CNBC Locations: Pueblo , Colorado, U.S
CNBC Daily Open: Americans sour on the economy
  + stars: | 2024-02-28 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Mixed bag on Wall StreetU.S. stocks ended mixed Tuesday as investors prepared for key inflation data due out later this week. South Korea's Japan-style measures to boost corporate governance may not work to lift its undervalued stock markets and tackle the so-called "Korea discount." Honor's foray into flip phonesChinese technology firm Honor will launch a foldable flip phone this year, the company's CEO George Zhao told CNBC.
Persons: Joe Biden, Dow, Bitcoin, Tesla, George Zhao, Andrew Organizations: CS Wind America Inc, CNBC, Wall Street, Nasdaq, Apple, Bloomberg, Will, Korea's, Financial Services Commission, Samsung Locations: Pueblo , Colorado, Korea's Japan, Korea
Red states are big winners of Biden’s landmark laws
  + stars: | 2024-02-14 | by ( Matt Egan | ) edition.cnn.com   time to read: +7 min
Fitch defined red states as those that voted for former President Donald Trump in 2020 by more than three percentage points. “The reality is manufacturing was migrating to those states even before the CHIPS Act and the IRA. Relative to the size of their state economies, Arizona, Idaho and West Virginia are the biggest winners from the IRA and CHIPS Act investments, according to Fitch. New York leads blue state winnersNone of this is to say blue states aren’t benefiting from the IRA and the CHIPS Act. Micron cited the tax credits in the CHIPS Act as well as incentives provided by New York state aimed at luring semiconductor companies.
Persons: Joe Biden, Biden, Fitch, Donald Trump, Olu Sonola, Sonola, , ” Natalie Quillian, , , Lauren Boebert, Quillian Organizations: New, New York CNN, Redwood Materials, Redwood, America’s, IRA, Republican, CNN, Fitch, Trump, Micron, White House, White, Lonestar, Samsung, Intel, IBM, Central, , CS, Colorado Republican Locations: New York, South Carolina, Arizona, Georgia, Nevada , North Carolina , Michigan, Pennsylvania, Wisconsin, Idaho, Boise, America, Texas, Taylor , Texas, Austin, Russia, Canada, Arizona , Idaho, West Virginia, Chandler , Arizona, “ Arizona, . New York, Hudson Valley, Central New York, “ New York, Colorado, Pueblo , Colorado
Photographer: Linh Pham/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesMost developing economies in Asia might have left the worst of the broad manufacturing slowdown behind in 2023, according to a series of private surveys released Thursday. South Korea's S&P manufacturing purchasing managers' index recorded its first expansionary reading since June 2022 at 51.2 in January, up from 49.9 in December. "The health of the South Korean manufacturing sector registered a renewed improvement at the start of 2024. Growth was reportedly reflective of increased domestic and international orders, particularly for new products," Bhatti added. These private PMI surveys are typically seen as one of several leading indicators of economic activity in the respective economies.
Persons: Linh Pham, Usamah Bhatti, Bhatti, Annabel Fiddes Organizations: Wind Corp, Vung, Renewables, International Energy Agency, Bloomberg, Getty Images Bloomberg, Getty, P Global Market Intelligence, Vietnam, ASEAN, PMI, International Monetary Fund, IMF, " Companies Locations: Tan Thanh, Ba, Vung Tau Province, Vietnam, Asia, China, Taiwan, Malaysia, Thailand
U.S. President Joe Biden speaks with workers while visiting CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Apple opens iPhone store in EuropeApple plans to open up its iPhone App Store in Europe to competitors. Some investors have been wary since Beijing has been struggling with a property debt crisis that has triggered financial risks across the broader economy.
Persons: Joe Biden, Tesla, Lagarde, Christine Lagarde Organizations: CS Wind, CNBC, U.S, Dow Jones, Nasdaq, Apple, Europe Apple, Digital Markets, European Central Bank, Pro Locations: Pueblo , Colorado, U.S, Tesla, Europe, China, Beijing
REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON, Dec 1 (Reuters) - Five Republican senators led by Marco Rubio on Friday asked President Joe Biden's administration to ban travel between the United States and China after a spike in Chinese respiratory illness cases. In recent months, the United States and China have been steadily increasing flights between the countries, that are still far below 2019 levels. The United States lifted the unprecedented travel restrictions for fully vaccinated international visitors starting in November 2021, including from China. The United States rescinded a separate requirement air travelers test negative before arriving in June 2022. The United States in January started requiring air passengers to get negative COVID tests after Beijing's decision to lift its stringent zero-COVID policies and lifted the requirements in March.
Persons: Joe Biden, Evelyn Hockstein, Marco Rubio, Joe Biden's, Rubio, Maria Van Kerkhove, Donald Trump, David Shepardson, Chizu Organizations: CS, REUTERS, Rights, Republican, Friday, Senate Intelligence, World Health Organization, China, Program, Embassy, Thomson Locations: Pueblo , Colorado, U.S, United States, China, Washington, States
DENVER (AP) — President Joe Biden will try to turn Rep. Lauren Boebert of Colorado into the embodiment of Republican opposition to his agenda as he visits her congressional district on Wednesday. Biden plans to tour CS Wind, the world’s largest facility for wind tower manufacturing, in the town of Pueblo. The White House said the data indicates that Biden's policies are expanding economic opportunity. He spoke at a Tuesday night fundraiser in Denver, where he said Trump and Republicans wanted to abandon his administration's efforts. Biden also said Republicans want to cut Social Security and Medicare, benefits that are crucial for many elderly Americans.
Persons: Joe Biden, Lauren Boebert, Biden, Donald Trump, MAGA, Boebert, Adam Frisch, Rosalynn Carter, Jimmy Carter, Trump, “ We’re, ” Biden, , , ___ Megerian Organizations: DENVER, Republicans, CS, Democratic, Treasury Department, White, MAGA Republicans, Congressional, Social Security, Pueblo Locations: Colorado, Pueblo, Israel, Pennsylvania, , Atlanta, Denver, America, United States, Washington
[1/5] U.S. President Joe Biden delivers remarks at CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023. REUTERS/Evelyn Hockstein Acquire Licensing RightsDENVER, Nov 29 (Reuters) - President Joe Biden will tout his economic and clean energy policies on Wednesday in Colorado while taking on right-wing Republican U.S. lawmaker Lauren Boebert, a close ally of former President Donald Trump. Biden, who blamed Trump at a fundraising event in Denver on Tuesday for taking away women's right to an abortion, will visit a wind tower manufacturer in Pueblo, part of Boebert's congressional district. Biden, a Democrat running for reelection next year, has presided over a stronger-than-expected U.S. economy and big federal investments in infrastructure and clean energy, but the clean energy industry is now struggling with high costs. At the wind tower manufacturer, Biden will speak about clean energy investments and "highlight how self-described MAGA Republicans like Representative Lauren Boebert are threatening those investments, jobs, and opportunities," the White House said.
Persons: Joe Biden, Evelyn Hockstein, Lauren Boebert, Donald Trump, Biden, Trump, MAGA, Democrat Adam Frisch, Boebert, Jeff Mason, Heather Timmons, Jonathan Oatis Organizations: CS, REUTERS, Rights DENVER, Republican U.S, Biden, Democrat, Trump, Republican, White House, MAGA Republican, U.S, Capitol, MAGA Republicans, White, Reuters, Thomson Locations: Pueblo , Colorado, U.S, Colorado, Denver, Pueblo, Boebert's
The trip is part of a nationwide tour by Biden and his top aides to promote his economic agenda, which the White House calls “Bidenomics”. In May, Biden made his case on the debt ceiling issue in a New York congressional district that Republicans won by a narrow margin. She was not invited to Biden’s event, the White House official said. Biden won the county by 1,520 votes in November 2020, after Trump had claimed victory by 390 votes in 2016. Biden won Colorado with over 55% of the vote in 2020 against Trump.
Persons: Joe Biden, Lauren Boebert, Donald Trump ., Ken Cedeno, Biden, Boebert, “ Bidenomics, Monday’s, Democratic president’s, Kamala Harris, Republican Majorie Taylor, Trump, America ”, Organizations: WASHINGTON, Colorado Congressional, Republican, Donald Trump . U.S, Human, Washington Convention Center, REUTERS, White House, Democratic, Republicans, Biden, U.S, Capitol, Democrat, Colorado, Trump, , America Locations: Colorado, Washington , U.S, Pueblo , Colorado, New York, Republican Majorie Taylor Greene’s, Georgia, Pueblo County, Denver, Boebert’s
WASHINGTON (AP) — President Joe Biden postponed a trip to Colorado on Monday to stay in Washington and focus on the growing conflict in the Middle East. Biden had been heading to the Colorado district of Rep. Lauren Boebert, where he was to visit CS Wind, the world's largest facility for wind tower manufacturing. The White House said just a few hours before Biden was set to take off for the trip that it would be rescheduled. Instead, Biden is expected to hold a series of high-level meetings with aides on Israel and the growing humanitarian concerns in Gaza. The president and other top administration officials have been traveling the country to promote their Investing in America agenda.
Persons: Joe Biden, Biden, Lauren Boebert, Boebert, Kevin McCarthy of, Jim Jordan of, Donald Trump, McCarthy, Organizations: WASHINGTON, Rep, CS, Democratic, CS Wind, Congressional, House Republicans, Associated Press, NORC, for Public Affairs Research Locations: Colorado, Washington, Israel, Gaza, U.S, Ukraine, Pueblo, Pennsylvania, Kevin McCarthy of California, Jim Jordan of Ohio, Philadelphia, America
Images from the derailment show a partially collapsed bridge with the semi-truck caught beneath. AdvertisementAdvertisementPUEBLO, Colo. (AP) — A semi-trailer truck driver was killed when a train derailed and a bridge collapsed, spewing coal and mangled train cars across a highway near Pueblo, Colorado, on Sunday, authorities said. The Colorado State Patrol and the sheriff's office posted photos and videos showing a partially collapsed bridge over the interstate with the semi-truck caught beneath. The images also show a pileup of train cars, train wheels scattered across the scene and loads of coal covering a portion of the highway. It was unclear when the bridge collapsed, state patrol spokesperson Gary Cutler said.
Persons: , Gayle Perez, Perez, Gary Cutler, Joshua Johnson, Joe Biden, Biden, Lauren Boebert, Boebert Organizations: Service, Pueblo County Sheriff's, The Colorado State Patrol, National Transportation Safety, AP, CS, Congressional, Trump Locations: Pueblo County , Colorado, Colo, Pueblo , Colorado, Pueblo County, Denver, Pueblo, Washington, Pennsylvania, Montana
He had been scheduled to take a tour of CS Wind, the world’s largest facility for wind tower manufacturing. The official, who was not authorized to comment about the president's potential visit, said a final decision to visit Israel hasn't been made. Blinken was in Israel on Monday for his second visit in less than a week for talks with Israeli leaders. He has been crisscrossing the Middle East with stops in Jordan, Bahrain, Qatar, Egypt, Saudi Arabia and the United Arab Emirates. It’s the deadliest war for Israel since the 1973 conflict with Egypt and Syria.
Persons: Joe Biden, Biden, Abdel Fattah el, Mohammed Shia, Olaf Scholz, Harris, Jeff Zients, Jake Sullivan, National Intelligence Avril Haines, Bill Burns, Israel hasn't, idled, Sissi, Antony Blinken, Blinken, , Benjamin Netanyahu, Matthew Miller, Israel, Hossein Amirabdollahian, Chuck Schumer, , ” Schumer, Schumer, Kevin McCarthy, Jacob Lew, — Lee, Jon Gambrell, Mary Clare Jalonick Organizations: WASHINGTON, National, National Intelligence, Central Intelligence Agency, CS, U.S, Union, United, United Arab Emirates, Israeli, , , Israel, Air, Hamas, Israeli Ministry of Defense, United States Senate, Foreign, AP Locations: Gaza, Israel, Iraqi, Pueblo , Colorado, Egypt’s, Cairo, Europe, Jordan, Bahrain, Qatar, Egypt, Saudi Arabia, United Arab, Syria, Iran, Hezbollah, Lebanon, U.S, Jerusalem, Tel Aviv, Washington
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