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The gold and currency had just arrived on an Air Canada flight from Zurich, Switzerland. At least two former Air Canada employees allegedly helped in the audacious theft, police say. “They needed people inside Air Canada to facilitate this theft,” Detective Sgt. “This was the largest gold heist in Canadian history, reportedly, it’s the sixth largest in world crime history,” said Deputy Police Chief Nick Milinovich. “I don’t think I ever imagined they’d have to deal with the largest gold heist in Canadian history, it’s almost out of an Ocean’s Eleven movie or a CSI.
Persons: Mike Mavity, , ” Peter Fitzpatrick, , Eric, it’s, Nick Milinovich, Patrick Brown Organizations: Ottawa CNN —, Toronto’s Pearson International Airport, Police, Air Canada, Air, Peel Regional Police, US, of Alcohol, Tobacco, Firearms, Explosives, ATF, ” Police Locations: Canada, Zurich, Switzerland, Air Canada, Peel, Pennsylvania, Ontario, Brampton , Ontario
The e-mini futures contracts tied to the S & P 500 just posted their third negative "outside day" in the past eight sessions. Outside days happen when the range of a security's price sees higher highs and lower lows than it did the day before. The previous day's trading period should be smaller in range and should have closed higher. It also posted negative outside days on April 4 and April 1. Chart analysts are shrugging off the recent trio of outside down days, however, saying they don't threaten the longer-term up trend.
Persons: Tom Fitzpatrick, R.J, O'Brien, Ari Wald, Oppenheimer, Will Tamplin, Nick Wells
Eric Baradat | AFP | Getty ImagesA hotter-than-expected consumer price index reading rattled markets Wednesday, but markets are buzzing about an even more specific prices gauge contained within the data — the so-called supercore inflation reading. Along with the overall inflation measure, economists also look at the core CPI, which excludes volatile food and energy prices, to find the true trend. The supercore gauge, which also excludes shelter and rent costs from its services reading, takes it even a step further. Today, he added, the picture is more complicated because some of the most stubborn components of services inflation are household necessities like car and housing insurance as well as property taxes. Sticky inflation problem
Persons: Jerome Powell, Eric Baradat, Tom Fitzpatrick, Fitzpatrick, Dow Jones, Stephen Stanley, Ian Lyngen, we're Organizations: AFP, Getty, O'Brien & Associates, Dow, Santander U.S, Wall, CPI, BMO Capital Markets, Fed Locations: Washington ,
Set up in 2005, San Quentin’s running club meets regularly and is run entirely by volunteer coaches from Marin County’s Tamalpa Running Club, who come from outside the facility to share their expertize and time with aspiring runners in the prison. For the most part, it’s poverty mixed with a lack of opportunity,” Thomas tells CNN Sport. “It hurt me inside because he was more like a mentor to me,” Taylor tells CNN Sport. That helped me in my recovery and transformation in my life,” Taylor, known as “Markelle the Gazelle” because of his athletic prowess, explains. “But there’s two million people in prison,” Thomas adds.
Persons: Rahsaan Thomas wasn’t, Thomas, , , , Johnny Cash, Marin County’s, ” Thomas, you’re, Thomas ’, Christine Yoo, Diana Fitzpatrick, ” Fitzpatrick, Jim Maloney, Maloney, Markelle Taylor, Kevin Rumon, we’re, ” Taylor, Taylor, Gavin Newsom, podcaster Organizations: CNN, San, Prison, CNN Sport, ESPN, Initiative, Black, Federal Bureau of Prisons ., San Quentin Marathon, Boston Marathon, New York City Marathon Locations: San Quentin, Quentin’s, White
Washington CNN —The Biden administration has finalized a new rule bolstering protections for career federal workers, marking a move to preemptively halt or significantly slow any efforts by former President Donald Trump, should he win in November, to reduce or alter the federal workforce. Critics warned that the order would allow the president to fill the federal workforce with his loyalists. Trump’s executive order created a new classification of federal employees titled “Schedule F” for employees serving in “confidential, policy-determining, policy-making, or policy-advocating positions” that typically do not change during a presidential transition. It strengthens and clarifies existing rights for career civil servants by making clear that civil service protections cannot be taken away from employees unless they give them up voluntarily. “The threat of a politicized civil service is too great, and too real, for this to be the end of our efforts,” he said in a statement.
Persons: Washington CNN —, Biden, Donald Trump, Joe Biden, Trump, , Bitsy, ” Skerry, , Skerry, Gerry Connolly, Connolly, Brian Fitzpatrick, Biden’s, ” Everett Kelley, Doreen Greenwald, CNN’s Veronica Stracqualursi, Kevin Liptak Organizations: Washington CNN, , Public Citizen, Customs, US Postal Service, Biden, CNN, Trump, Management, Virginia Democrat, Technology, Government Innovation, Republican, American Federation of Government Employees, District of Columbia, National Treasury Employees Union Locations: Washington ,, Virginia, Pennsylvania
CNN —House Speaker Mike Johnson is pledging to act on Ukraine aid when lawmakers return to Washington next week, but behind the scenes the Louisiana Republican is still undecided on the best path forward and keenly aware of his narrow majority and the threat to his speakership that looms. “He’s got a gun to his head right now,” Rep. Don Bacon, a swing-district Republican, said of the speaker. Greene and Johnson are expected to talk later this week, but the Georgia Republican has remained steadfast in her opposition to Ukraine aid. Given fierce conservative opposition and a narrow margin, it’s possible Johnson could need to bring any Ukraine aid bill to the floor under a suspension of the rules. In recent days, Johnson has also floated the idea of easing natural gas exports, but it’s not clear that would do much to assuage conservative backlash against Ukraine aid.
Persons: Mike Johnson, Johnson, “ He’s, ” Rep, Don Bacon, Churchill, ” Johnson, Mitch McConnell, , Mike McCaul, , Mike, Chip Roy, Matt Gaetz, I’ve, he’s, they’d, Marjorie Taylor Greene, Greene, ” Greene, , Brian Fitzpatrick, Fitzpatrick, It’s, John Kirby, CNN’s Haley Talbot, Manu Raju Organizations: CNN —, Louisiana Republican, , Republican, GOP, Republican Rep, Fox News, CNN, Georgia Republican, Democratic, House, White, National Security Communications Locations: Ukraine, Washington, Louisiana, Russia, Israel, Taiwan, Texas, Pennsylvania, Gaza
Rep. Don Bacon on Sunday warned that "it's possible" that Speaker Mike Johnson could face a vote to oust him if he moves to pass Ukraine aid in the House. "I'm not going to deny it," Bacon, R-Neb., said when asked by NBC News' "Meet the Press" moderator Kristen Welker whether it's possible Johnson could lose his speakership over Ukraine aid. Bacon favors some support for Ukraine and highlighted his partnership with Reps. Jared Golden, D-Maine, Brian Fitzpatrick, R-Pa., and Ed Case, D-Hawaii, on a Ukraine aid bill. "We put a bill together that focuses on military aid — a $66 billion bill that provides military aid to Ukraine, Israel and Taiwan," Bacon told Welker, calling for a "bicameral, bipartisan solution." And, and I want to make sure that we have support in the Senate," Bacon said.
Persons: Don Bacon, Mike Johnson, I'm, Bacon, Kristen Welker, Johnson, — they're, Jared Golden, Brian Fitzpatrick, Ed Case, Welker Organizations: NBC News Locations: Ukraine, Maine, Hawaii, Israel, Taiwan
CNN —Rep. Mike Lawler, a moderate Republican from New York, expressed optimism on Sunday that a vote on funding for Ukraine’s war effort could land on the House floor when members return from recess early next month. Divisions in the House GOP have so far stymied progress on sending aid to the key US ally. I am not going to delve into the details of that conversation, but I am confident that he’s going to bring that bill to the floor and that we will have a vote,” Lawler said. Lawler called Greene’s effort to oust Johnson “idiotic.”“It’s not actually going to help advance the cause she believes in, and in fact it undermines our House Republican majority,” Lawler said. Democrats have signaled they may be willing to save Johnson if he moves a Ukraine aid bill they can support, but one including new border restrictions, as Lawler has suggested, falls outside their demands.
Persons: Mike Lawler, , ” Lawler, CNN’s Dana, shirk, Jared Golden of, Brian Fitzpatrick, Mike Johnson, Mike Turner, Johnson, Congress ’, CBS’s, ” “, Vladimir, Putin, Marjorie Taylor Greene, Lawler, “ It’s, Donald Trump, Joe Biden, CNN’s Melanie Zanona, Annie Grayer, Manu Raju, Clare Foran, Ted Barrett, Morgan Rimmer Organizations: CNN —, GOP, House Foreign Affairs, Union, Democratic, Republican, House, Congress, Ohio Republican, Russia, Republicans, House Republicans, CNN Locations: New York, “ State, Jared Golden of Maine, Pennsylvania, Ukraine, Louisiana, Israel, Mexico
U.S. crude oil futures might be showing signs of a break out after topping $80 this week, though some analysts caution against reading too much into the move. The move higher came after the International Energy Agency forecast a crude supply deficit this year and Ukraine attacked several oil refineries in Russia. U.S. crude performed the same pattern this week, wiping out and closing above last week's intraday high of $80.67. U.S. crude has also held above its 200-day moving average of $78.13 a barrel almost all month, he said. As the market enters a supply deficit this year, Riyadh could start rolling barrels back on the market, Melek said.
Persons: Matt Maley, Miller, Tom Fitzpatrick, R.J, O'Brien, WTI, Brent, Fitzpatrick, Maley, Malley, Bart Melek, Melek, We're, Carter Worth, It's, it's, Worth Organizations: West Texas Intermediate, International Energy Agency, SPDR, Energy, TD Securities, U.S, Worth Locations: Ukraine, Russia, Saudi Arabia, Saudi, Riyadh, U.S, United States
Missouri Secretary of State Jay Ashcroft speaks with reporters on Jan. 23 in Jefferson City, Missouri. In Wyoming, a GOP state senator forwarded an FGA draft bill to Secretary of State Chuck Gray that would prohibit sending out unsolicited absentee ballot request forms. Emails show the group strategized with the secretary of state’s office for weeks leading up to Ashcroft proposing his own such rule last January. FGA notches wins with weakened child labor lawsFGA’s lobbying group, The Opportunity Solutions Project, spearheads its efforts at the state level. Chip Somodevilla/Getty ImagesFGA also continues its push at the state level across the country to enact its policy priorities.
Persons: State Jay Ashcroft, , Ashcroft, Kacen Bayless, FGA, , Chuck Gray, ” Gray, Gray, , Joe Biden’s, Jay, Daniel Garrett, Garrett, “ It’s, Missouri’s, Scott Fitzpatrick, BlackRock, ” Fitzpatrick, Mark Felix, Fitzpatrick, ALEC, Andy Puzder, Carls Jr, ” Puzder, Kristina Shelton, Puzder, ” Kristina Shelton, they’ve, Tarren Bragdon, Rebecca Burkes, It’s, Tyson, , Bragdon, Sarah Bryner, Florida Governor Ron DeSantis, Paul Renner, Donald Trump, Chip Somodevilla, Shelton, ” Shelton Organizations: CNN, State, Republican, Foundation, Government, Missouri, Kansas City Star, Tribune, Service, GOP, Ashcroft, Conservative, Missouri Chamber of Commerce, National, University of Pennsylvania, Brookings Institution, Exxon, BlackRock, ” BlackRock, Energy, ExxonMobil, Washington Post, American Legislative Exchange Council, Heritage Foundation, Heritage, Boston, Wisconsin Democratic, FGA, Solutions, Tyson Foods Inc, George’s Inc, US Department of Labor, Solutions Project, Daily, The Heritage Foundation, Alliance, Trump, Florida Governor, Bragdon, Florida House, House, FBI, Justice Department, Department of Education, Center, Pleaides Locations: Missouri, Texas, Jefferson City , Missouri, Wyoming, Kansas , Indiana, BlackRock, Florida, ExxonMobil Baytown, Baytown , Texas, Washington, ” Wisconsin, Wisconsin, Arkansas, Iowa, Park City , Utah, DeSantis, Rome , Georgia
He carried out the attacks with an “AR-15 style assault rifle,” Falls Township Police Chief Nelson Whitney said. Around 11:38 a.m., the carjacked Honda CRV was found abandoned in Trenton, according to Falls Township Police. The pair of shootings were “domestic related,” Falls Township Chairman of Board of Supervisors Jeff Dence told CNN. Family members were present at both homes in Falls Township, according to Schorn. Gordon is also believed to have “family ties” to the Trenton house, she said in a news conference.
Persons: carjacking, Andre Gordon, Nelson Whitney, “ He’s, Steve Wilson, Gordon, Wilson, , ” Wilson, Reed Gusciora, Gusciora, Karen Gordon, Kera Gordon, Jennifer Schorn, ” Schorn, Taylor Daniel, Schorn, Honda CRV, ” Gusciora, CNN’s Polo Sandoval, Matt Rourke, Jeff Dence, , Andre, Brian Fitzpatrick, carjacked, Josh Shapiro, we’re Organizations: CNN — Police, Police, Authorities, Honda, Falls Township Police, CNN, , Police Police, FBI, Pennsylvania State Police, Pennsylvania Locations: Pennsylvania, New Jersey, Falls Township, Falls, ” Trenton , New Jersey, Trenton , New Jersey, Trenton, Levittown , Pennsylvania, Bucks County, Edgewood Lane, Bristol Pike, Morrisville ., Philadelphia, ” Falls, Lower Bucks, selfishly
CNN —Xander Schauffele capitalized on Wyndham Clark splashing a horror shot into the waters of the fabled 17th hole at TPC Sawgrass to nudge into a one stroke lead and tee up a grandstand finish at The Players Championship. “Why would you not tee the ball up when you can?” questioned Sky Sports Golf broadcaster Ewen Murray. Clark became the latest golfer to fall foul to the 17th hole. After matching Schauffele’s par at the last hole to sign off his two-under 70 round, Clark remains within striking distance of the $4.5 million winner’s purse. Having battled through a neck injury for most of his second round, Scheffler shot 68 as he bids to become the first golfer to ever win back-to-back Players titles.
Persons: Xander Schauffele, Wyndham Clark, Clark chunked, , Ewen Murray, “ He’s, Laura Davies, Clark, Lynne Sladky, Clark –, , ” Clark, that’s, ’ ” Clark, John Ellis, “ I’m, Mike Ehrmann, Schauffele, Brian Harman, ” Harman rued, ” Harman, Jared C, Tilton, McIlroy England’s Matt Fitzpatrick, McNealy, Scottie Scheffler, Scheffler, Rory McIlroy’s, Webb Simpson, Justin Ray, It's, Simpson, McIlroy Organizations: CNN, PGA Tour’s, Sports, Getty, Northern, McIlroy Locations: Clark, , Florida
CNN —At least three people are dead after a shooting in Falls Township, Pennsylvania, Saturday morning, officials say. “Do NOT travel to Falls Township until further notice. We have directed the mall and Sesame Place to CLOSE until further notice,” the Middletown Township Police Department said. Congressman Brian Fitzpatrick, who represents Bucks County, said in an X post that there was a carjacking and two shootings in Falls Township. Falls Township is approximately 28 miles northeast of Philadelphia.
Persons: ” Jeff Dence, carjacked, Dence, ” Dence, Communications Manuel Gamiz Jr, Brian Fitzpatrick, ” Fitzpatrick Organizations: CNN, ” Falls Township Police Department, FBI, Bucks, Attorney’s, Communications, Middletown Township Police Department, Pennsylvania, Police Locations: Falls Township , Pennsylvania, ” Falls Township, Bucks County, Falls Township, Middletown Township, , Philadelphia
U.S. President Joe Biden's son Hunter Biden talks to reporters outside the U.S. Capitol on December 13, 2023 in Washington, DC. Hunter Biden will appear a week after James Biden, the president's brother, told lawmakers that at no point during his 50-year business career was Joe Biden involved in his work. Joe Biden attended dinners, spoke on speakerphone, showed up to meetings, and had coffee with his son's foreign business associates. Republicans first issued a subpoena to Hunter Biden in early November, but through his lawyer, he chose not to comply with it for months. Hunter Biden will repeat what he and other witnesses have previously told the committees, that his father was not involved in his business, the sources said.
Persons: Joe Biden's, Hunter Biden, WASHINGTON — Hunter Biden, James Biden, Joe Biden, Hunter, James Comer, Comer, Biden, MAGA, Alexander Smirnov, Smirnov Organizations: U.S, Capitol, WASHINGTON, GOP, Committee, NBC, Republicans, MAGA Republicans, White House, Democratic, NBC News, FBI, Russian, Republican Locations: Washington , DC, Ky
CNN —House Republicans were shocked by some of the recent high-profile retirements announced by their colleagues, which have included powerful committee chairs and rising stars inside the GOP. And on the Energy and Commerce Committee alone – a highly sought-after assignment – there are eight Republicans who are retiring. “So, yeah, I’m very worried about it.”Others, however, said the turnover is completely normal, especially since the House GOP has self-imposed term limits for chairs, which they argued allows them to inject new blood into the ranks. We probably need a few more retirements.”McCarthy – who resigned at the end of last year – suggested that was perhaps the goal of hard-liners like Good and GOP Rep. Matt Gaetz of Florida who voted to oust him. It’s just a number of things piling up,” said House Science Committee Chair Frank Lucas, reflecting on the retirements.
Persons: “ They’ve, we’re, , Ken Buck, Don Bacon of Nebraska, ” Bacon, Carlos Gimenez, Kevin McCarthy, , it’s, , Cathy McMorris Rodgers, Mike Gallagher of, Alejandro Mayorkas, Greg Pence, Pfluger, Tom Cole, I’ve, I’m, Bob Good, ” Good, ” McCarthy –, Matt Gaetz, Gaetz, ” McCarthy, Frank Lucas, Mark Green of, Debbie Lesko of, McCarthy, ” Lesko, can’t, Brian Fitzpatrick, Steve Womack, Donald, Trump, Kelly Armstrong of, , Erin Houchin, Patrick McHenry of, Chuck Fleischmann of Tennessee Organizations: CNN — House Republicans, CNN, GOP, Energy, impeaching Homeland, Commerce, Indiana, Republicans, Congress, Capitol, , House Homeland Security Committee, Representatives, Financial Locations: Ken Buck of Colorado, Carlos Gimenez of Florida, Washington, China, Mike Gallagher of Wisconsin, Texas, Congress, Florida, Mark Green of Tennessee, Debbie Lesko of Arizona, Pennsylvania, Arkansas, New York, Kelly Armstrong of North Dakota, Erin Houchin of Indiana, Patrick McHenry of North Carolina
CNN —Speaker Mike Johnson is facing international criticism over his lack of swift action on Ukraine aid, which is ratcheting up pressure to make a critical decision that will not only have massive implications for his rookie speakership but also for Ukraine’s ongoing war effort against Russia. “If there is a Mike Johnson plan, there aren’t any House Republicans that are aware of its existence.”The pressure cooker Johnson is facing has exposed some frustration over how he has approached his speakership. At a time when House Republicans are looking to their leader to make a decisive choice, the speaker has instead elevated members to bring forward their own ideas without articulating his own preferences. “Ukraine is in desperate need of the US aid, passed by an overwhelming bipartisan vote on the floor of the United States Senate. “We’re looking at a number of options on our leadership team.”Meanwhile, President Joe Biden has repeatedly hammered Johnson over his inaction.
Persons: Mike Johnson, Johnson, , Alexei Navalny, Kevin McCarthy, Donald Trump, Sen, J.D, Vance, Johnson —, Warren Davidson, ” Davidson, Virginia Sen, Mark Warner, , Ben Cardin, , ” Cardin, It’s, Brian Fitzpatrick, someone’s, Mitch McConnell, Vladimir Putin, ” Johnson, Steve Scalise, Trump, ” Scalise, Joe Biden, ” Biden, NATO … I’ve, Biden, Chuck Schumer, Putin “, Vladimir Putin’s, ” Schumer, it’s, There’s, Mike Turner, ” CNN’s Alex Marquardt Organizations: CNN, Russia, Democratic, Congress, Global, Security, Republicans, Republican, NATO, GOP, Caucus, languishes, Senate Intelligence, United, United States Senate, Senate, NATO …, New, New York Democrat, House Intelligence, Ohio Republican, Press, Ukraine Locations: Ukraine, Russian, Warren Davidson of Ohio, , Munich, United States, Russia, Pennsylvania, Baltic, Florida, New York, Washington
U.S. President Joe Biden and son Hunter Biden disembark from Air Force One at Hancock Field Air National Guard Base in Syracuse, New York, U.S., February 4, 2023. WASHINGTON — An FBI confidential human source has been indicted on two counts of allegedly feeding the bureau false information about President Joe Biden and his son Hunter Biden during the 2020 presidential campaign. Alexander Smirnov, 43, who disliked President Joe Biden, was arrested in Las Vegas after returning from a trip overseas, according to the Justice Department. The case grew out of the special counsel investigation being led by David Weiss, who is also leading the case against Hunter Biden. Smirnov allegedly told the FBI — again, falsely — that Burisma officials had told him they paid Hunter Biden and Joe Biden $5 million and that it would take investigators 10 years to find the illicit payments to Joe Biden.
Persons: Joe Biden, Hunter Biden, WASHINGTON —, Alexander Smirnov, David Weiss, Weiss, Donald Trump, Smirnov, FBI —, Defendant, Obama, General Organizations: Air Force, Hancock Field Air National Guard Base, Justice Department, FBI, Burisma, Defendant, Biden Administration, Ukrainian, Russian, NBC News Locations: Syracuse , New York, U.S, WASHINGTON, Las Vegas, Delaware, Ukrainian
But some conservatives say they won’t support any Ukraine aid, even if it’s just narrow military aid. “There’s the possibility that the Republican majority would support Ukraine aid paid for, with real border security attached to it,” Good said. Rep. Chip Roy of Texas, also a Freedom Caucus member, laid out a number of conditions he would need in order to support Ukraine aid. One option that was discussed during the meeting was stripping the aid package of its humanitarian assistance for Ukraine and only including military aid for Ukraine. And I think we should have been focused on military aid,” Rep. Don Bacon, a swing district Republican from Nebraska, told CNN.
Persons: Mike Johnson, Johnson, Marjorie Taylor Greene, Brian Fitzpatrick, , ” Fitzpatrick, Fitzpatrick, Joe Biden, Dan Crenshaw, Bob Good, , Chip Roy, ” Roy, ” Rep, Don Bacon, Ann Wagner, ” Johnson, Hakeem Jeffries, “ Mike Johnson, Jeffries, ” “, Vladimir Putin, Wagner, Bacon, ” Wagner, ” Bacon, CNN’s Manu Raju, Mario Diaz, “ I’ll, we’re, CNN’s Annie Grayer, Manu Raju, Sam Fossum Organizations: Republican Conference, GOP, Republican, Pentagon, Virginia Republican, Freedom Caucus, Caucus, , Republicans, CNN, , Missouri Republican, Democrat Locations: Ukraine, Israel, Marjorie Taylor Greene of Georgia, Taiwan, Dan Crenshaw of Texas, Texas, United States, Nebraska, Missouri, Florida
Some shoppers are skeptical about T.J. Maxx's food aisle and whether the products are good quality. AdvertisementThe internet doesn't know what to make of T.J. Maxx's food aisle. T.J. Maxx sources from vendors you've probably never heard ofGo to your local T.J. Maxx and chances are you'll find an aisle lined with pink Himalayan salt grinders, bottles of coffee syrup, and boxes of gourmet chocolates. Maxx's food is an "unplanned extra" that catches her eye on the way to the checkouts, she said. Maxx's food is an "unplanned extra" that catches her eye on the way to the checkouts.
Persons: Maxx, , TikTok, It's, Grace Dean, Aneesha Sherman, Bernstein, Sherman, Fiona Fitzpatrick, Fitzpatrick, T.K, they've, Maxx doesn't, you've Organizations: Service, Maxx, Business Locations: Maxx, Spain, British
Why the race for the House is the one to watch in 2024
  + stars: | 2024-02-10 | by ( Simone Pathe | ) edition.cnn.com   time to read: +16 min
CNN —It won’t suck up anywhere near the oxygen of the presidential election, but the race for the US House of Representatives may be the most exciting campaign to watch in 2024. But in the House, Republicans’ shrinking majority has underscored the importance of the balance of power in Washington. House Republicans currently control 219 seats to Democrats’ 212, with four vacancies. Santos was expelled from the House last year, but he’s not absent from the race. Seats Republicans are targetingThe House GOP campaign arm releases a similar target list, which includes 37 offensive seats this year.
Persons: they’re, Democratic Sen, Joe Manchin’s, , George Santos ’, Santos, he’s, Joe Biden, Biden, , , Cam Savage, Nathan L, Gonzales, Nick LaLota, Anthony D’Esposito, Mike Lawler, Marc Molinaro, Brandon Williams, John Duarte, David Valadao, Mike Garcia, Young Kim, Michelle Steel, David Schweikert, Juan Ciscomani, Don Bacon of Nebraska, Tom Kean of, Lori Chavez, Brian Fitzpatrick, Jen Kiggans, Tom Suozzi, Donald Trump, Mary Peltola of, Marie Gluesenkamp Perez, Jared Golden of, Matt Cartwright of, Marcy Kaptur, Kaptur, Elissa Slotkin –, Dan Kildee, Kildee –, don’t, Dale Kildee, Abigail Spanberger, Susan Wild, Emilia Sykes, Yadira, there’s, There’s, Ron DeSantis, Savage, Ron Brownstein, Trump, he’ll, Suozzi, Achim Bergmann, Bergmann, Gavin Newsom, Kathy Hochul, Eric Adams, Roe, Wade, Meredith Kelly Organizations: CNN, US, Democratic, House, Washington . House Republicans, , GOP, Santos, PAC, House Democratic, Republican, Congressional, Fund, Blue States Project, Republicans, Biden, New, Democratic Congressional, National Republican, Washington . Rep, , Democrats, Rep, Independent, GOP Gov, Trump, Democrat, White, California Gov, New York Gov, New York City Locations: West Virginia, Washington, New York, Tuesday’s, York, California, “ California, Republican, Blue States, Michigan, New Mexico , Colorado, North Carolina, Arizona, Tom Kean of New Jersey, Oregon, Pennsylvania, Virginia, Iowa, Arizona , Colorado , Montana , Nebraska , Oregon , Texas, Arizona , California, Florida , Michigan, Wisconsin, Mary Peltola of Alaska, Jared Golden of Maine, Matt Cartwright of Pennsylvania, Ohio, Michigan’s 8th, , Texas, Alabama, It’s, Louisiana, Florida, South Carolina, Charleston, Biden, Long, New
The latest concern threatening regional banks started on Jan. 31, when New York Community Bancorp. reported unexpected fourth quarter loss and a large loan loss reserve against futures losses, due in part to the bank's commercial real estate (CRE) exposure. One worry is that the NYCB credit downgrade could spur ratings agencies to take a closer look at other banks, or cause clients to again pull deposits out of regional banks. Determining exactly how unique NYCB's exposure to commercial real estate is will be a key focus for investors and analysts in coming weeks. A note on Wednesday from Wolfe Research analysts focused on banks and commercial real estate showed that regional banks have in general reduced their commercial real estate exposure over the past 15 years.
Persons: NYCB, Ian Lyngen, hasn't, Lyngen, D.A, Davidson, Peter Winter, Winter, Macrae Sykes, Banks, They're, Sykes, Wells Fargo, Jerome Powell, Bond, Tom Fitzpatrick, RJ O'Brien, Fitzpatrick, — CNBC's Michael Bloom Organizations: Investors, New York Community Bancorp, Moody's, Street, Silicon Valley Bank, BMO, Treasury, Wolfe Research, UBS, Gabelli, CNBC Locations: Silicon, Wells
As China's property market and deflation woes continue to rattle investors, India's growth outlook appears all the more impressive. Last year's annual report attributed strong revenue growth partially to expansion in the Middle East, India, and Asia, Krishna wrote. "More than revenue, India is an important area for sourcing talent" as well, Krishna wrote. Growth potential For investors looking to gain exposure to the domestic stock market, Indian equities themselves aren't especially cheap though. "You're paying for the growth potential in India, certainly.
Persons: Morgan Stanley, Chetan Ahya, Ahya, Bernstein, , Narendra Modi, Bill Fitzpatrick, Fitzpatrick, Quincy Krosby, Venu Krishna, Aecom, Krishna, Tim Long, Long, Simon Coles, Krosby, Jeffrey Gundlach, Gundlach, CNBC's, — CNBC's Michael Bloom Organizations: Investment, Logan Capital Management, Modi, Infrastructure Pipeline, Aecom, Barclays, Cisco Systems, Juniper Networks, India —, Semiconductor, Micron Technology, Qualcomm, Logan Capital Locations: India, China, Asia, Philadelphia, South Carolina . U.S, Dallas, East, Asia Pacific, Japan, Coles , U.S, U.S, IShares
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation is finally looking transitory: R.J. O'Brien's Tom FitzpatrickTom Fitzpatrick, R.J. O'Brien managing director of global markets insights, joins 'The Exchange' to discuss historical lessons from Fed decisions, indicators that warrant easing, and more.
Persons: O'Brien's Tom Fitzpatrick Tom Fitzpatrick, R.J, O'Brien
US House Speaker Mike Johnson, a Republican from Louisiana, during a news conference at the US Capitol in Washington, DC, US, on Wednesday, Jan. 10, 2024. Under pressure from right-wing members, House Speaker Mike Johnson, R-La., faces stark challenges in keeping the government funded and responding to a potential Senate deal that would toughen immigration laws while providing funding for Ukraine. But passing the spending deal could make it politically more difficult for Johnson to support an emerging bipartisan Senate immigration deal that the right wing of the GOP is turning against. 2 is his position, but he was careful not to reveal specifics of what the House would accept if a Senate immigration deal came together, the sources said. Johnson's allies believe GOP opponents of the spending deal may vote against it but doubt they'll come for his job.
Persons: Mike Johnson, He's, Johnson, Chuck Schumer, Chip Roy, Steve Deace, Schumer, Brian Fitzpatrick, We've, it's, Doug Heye, Heye, Sen, James Lankford of, Marjorie Taylor Greene, Greene, It's, Kevin McCarthy, Johnson's, they'll, Jodey Arrington Organizations: Republican, Ukraine, White, Congress, Republicans, GOP, Fox News, Democrats, United States Congress Locations: Louisiana, Washington , DC, Iowa, Texas, Ukraine, Russia, James Lankford of Oklahoma
CNN —Competing in his first tournament since undergoing ankle surgery, Tiger Woods said he is “pleasantly surprised” with how he has physically recovered after each round at this week’s Hero World Challenge. Until this week Woods had not competed since withdrawing from the Masters in April with an injury which then required surgery, so interest in seeing how the American would perform over four rounds has been high. Speaking to the PGA Tour after his third round, Woods said: “It could’ve been a little bit better than the score indicates, I could’ve shot something in the high 60s today which would’ve been nice. Woods underwent ankle surgery after enduring “constant” pain across his three rounds at Augusta National during the Masters, which was only his second competitive appearance of 2023. 1 Scottie Scheffler, who leads going into the final day after posting a seven-under 65 on Saturday.
Persons: Tiger Woods, Woods, “ I’m, I’ve, Scottie Scheffler, England’s Matt Fitzpatrick Organizations: CNN, PGA Tour, Augusta National Locations: Albany, Bahamas
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