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☆ Currencies calm but cautious after a weary week
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: +3 min

U.S. one hundred dollar bills are being shown in this picture illustration taken in Buenos Aires, Argentina, on Dec. 15, 2023. Eyes are on the yen this week, with the Bank of Japan's, or BOJ, Friday policy review the notable item on the economic calendar. The yen has been one of the biggest losers against the dollar this year, with losses mounting to 9%. The ECB's Robert Holzmann, however, said the ECB probably will not cut rates this year as much as planned if the Fed does not move. BoE Governor Andrew Bailey and Deputy Governor Dave Ramsden alluded last week to Britain's inflation slowing as expected.

Persons: Chris Weston, Weston, Kazuo Ueda, BoE, ECB policymaker Madis Muller, Christine Lagarde, Robert Holzmann, BoE Governor Andrew Bailey, Dave Ramsden, Sterling, Bitcoin Organizations: U.S ., Bank of Japan's, Federal Reserve, Monetary Fund, Bank, Washington , Bank of Japan, European Central Bank, Bank of England, ECB policymaker, ECB, Treasury Locations: Buenos Aires, Argentina, East, Tehran, Iran, Washington, United States, Japan, South Korea, Washington ,, U.S

☆ A City Tries to Measure the Violence It’s Preventing
▼ + stars: | 2024-04-22 | by ( Mark Obbie | ) www.nytimes.com time to read: +31 min

Headway A City Tries to Measure the Violence It’s Preventing In Baton Rouge, a public safety experiment could help to answer a critical question: Do community efforts to reduce street violence work? Like Ms. Robinson, Ms. Tate-Alexander, 48, raised her family in Baton Rouge. Baton Rouge became the first city outside New Jersey to be tutored in the Newark method. Calming the urge to retaliateBy June 2021, when Ms. Tate-Alexander started assembling the street team, Ms. Robinson joined up. At first, Ms. Robinson and Ms. Tate-Alexander seemed wary when I asked about him.

Persons: Angel Hawkins, Liz Robinson, Sateria Tate, Alexander, Tamikka, Liz, Louis Robinson’s, Louis Jr, Robinson, “, ‘, ’ ”, Louis, Louis BadAzz, —, Louis Robinson Jr, ’, Murphy Paul, Paul, Sharon Weston Broome, Alton Sterling, ”, Karan Deep Singh, Kathleen Flynn, Biden, Nina Revoyr, Ms, Tate, Aqeela Sherrills, Sherrills, Terrell, Mr, Aqeela, Courtney Scott, . Tate, ” Ms, Gerald Haynes, Haynes, hotheads, Khoury Brown, Geaux, he’s, Geaux Yella, Darius Crockett, Crockett, Kayla Atkins, Markel, Atkins, ” Mr, “ I’m, “ I’ll, ” Markel, Atkins’s, Gary Slutkin, Jeffrey A, Butts, John Jay, Dr, Scott, “ We’re, It’s, They’ll, that’s, interventionists, Stacy Adams fedora, George Floyd, Weeks, brutalized, Paul’s, Thomas S, Morse, Dy’Lan Fillmore, Mitchell, Fillmore, Robinson’s Organizations: The New York Times, Army, Louisiana State Police, Police, Baton Rouge Police Department, Centers for Disease Control, National Institute for Criminal, Ballmer Group, Baton, Bloods, Biden White House, Markel, Research, John, John Jay College of Criminal, Statistics, University of California, Newark, Metropolitan, Murphy Paul Rally, Mr Locations: Baton Rouge, La, Iraq, Afghanistan, Black, United States, —, Federal, Newark, N.J, Watts, Los Angeles, New Jersey, Chicago, Baton

☆ These are the most overbought and oversold stocks on Wall Street after a wild week of trading
▼ + stars: | 2024-04-13 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

The stock market ended the volatile week lower, but there could still be opportunities for plenty of companies' shares to rebound. CNBC Pro used its stock screener tool to find the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70 are considered overbought, which indicates that shares might soon turn lower. Devon Energy made the list of overbought stocks, dominated by oil and gas producers, with an RSI of 82. On the other hand, Texas-based life insurer Globe Life , with an RSI of just 3, is among the most oversold stocks on Wall Street.

Persons: Roger Read, Devon, Wells, Deere, Lamb Weston, FactSet, —, Fred Imbert Organizations: Dow Jones, CNBC Pro, Devon Energy, Exxon Mobil, Barclays, Exxon, Truist Securities, Deere, Globe, Research, Securities Locations: Devon, Wells, Delaware, Illinois, Texas, Lamb, Idaho

☆ Comeback candidates: Goldman loves these underperforming stocks with strong fundamentals
▼ + stars: | 2024-04-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Stocks that have missed out on this year's market rally could be solid contenders for a rebound, according to Goldman Sachs. Heading into the second quarter, Goldman searched for buy-rated names in its coverage universe that could win big going forward. Goldman screened for "compounders," which offer investors high financial returns, free cash flow generation, margin expansion and sales growth. Most analysts covering the stock currently have a buy rating assigned to the name, with about 39% upside to the consensus price target, per LSEG. Pfizer stock has slipped 9% this year.

Persons: Goldman Sachs, Goldman, Dan Levy, Levy, Guggenheim, Vamil Divan, Lamb Weston, Jefferies, Rob Dickerson Organizations: Barclays, Pfizer Locations: U.S

☆ Fierce Races Loom With Wisconsin’s New Political Maps
▼ + stars: | 2024-04-06 | by ( Julie Bosman | Jamie Kelter Davis | ) www.nytimes.com time to read: +1 min

From a north central county known for ginseng farming and downhill skiing, he has served on the local school board, the Marathon County Board and the village board of trustees in Weston, population 15,000. In February, new legislative maps in Wisconsin were signed into law after more than a decade of partisan wrangling and legal battles. The new maps undid the gerrymander that had helped Republicans keep control of both state legislative chambers since 2012. The 85th Assembly District in Marathon County, where Mr. Xiong lives, is no longer a Republican-leaning seat: It is a tossup. “This idea came to reality when the maps changed,” Mr. Xiong said in an interview last month.

Persons: Yee Leng Xiong, Xiong, ” Mr, Patrick Snyder Organizations: Marathon County Board, Democrat, Legislature, Republican, District, State Assembly Locations: Wisconsin, Marathon, Weston, Marathon County

☆ Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady
▼ + stars: | 2024-04-05 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Responders continue answering affirmatively at a higher-than-average rate, a top potato supplier indicated. It underscores the resilience of consumer spending, even as inflation pinches pocketbooks and pandemic savings dry up. A larger share of customers keep adding the iconic side to meal orders than in the past, according to frozen potato supplier Lamb Weston . Looking at the bigger picture, strength in the so-called fry attachment rate bolsters economic data, showing the willingness of average Americans to still shell out for everyday luxuries. "The fry attachment rate has stayed pretty consistent," said CEO Thomas Werner during the company's earnings call on Thursday.

Persons: Lamb Weston, Thomas Werner, It's Locations: America, U.S

☆ Stocks making the biggest moves midday: Lamb Weston, Levi Strauss, Wayfair and more
▼ + stars: | 2024-04-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Zeta Global — The software stock added 13% after Morgan Stanley upgraded the software firm to an overweight rating from equal weight. Conagra Brands — The consumer packaged goods food company climbed 5% after exceeding analysts' estimates for its fiscal third-quarter earnings and revenue. Lamb Weston — Shares plunged 19% after the fries producer missed its third-quarter earnings and revenue. Lamb Weston posted third-quarter adjusted earnings of $1.20 per share, less than the $1.45 analysts polled by FactSet had expected. Solar stocks — Solar stocks rose higher during Thursday's session as the yield on the benchmark 10-year Treasury moved lower.

Persons: Goldman Sachs, Morgan Stanley, Wayfair, foresees, Levi Strauss, Conagra, FactSet . Lamb Weston —, Lamb Weston, FactSet, Grindr, Raymond James, Solventum, —, Alex Harring, Hakyung Kim Organizations: Hertz, Goldman, Investors, Zeta, Conagra, Alaska Air Group —, Boeing, Reuters, 3M, Treasury, Energy, SolarEdge Technologies Locations: Alaska

☆ Stocks making the biggest moves premarket: Levi Strauss, Intuitive Machines, Wayfair and more
▼ + stars: | 2024-04-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Hertz Global — The car rental stock slid nearly 5% following a downgrade to sell from neutral at Goldman Sachs. Wayfair — The home-focused e-commerce retailer rose nearly 5% following an Evercore ISI upgrade to outperform from in line. For the period, the retailer posted adjusted earnings of 26 cents per share on $1.56 billion in revenue. Conagra reported earnings of 69 cents per share on revenue of $3.03 billion, exceeding FactSet's estimates of 65 cents per share on revenue of $3.01 billion. Intuitive Machines — The space stock soared nearly 11% after Intuitive won a NASA contract for $30 million to build a lunar terrain vehicle.

Persons: Goldman Sachs, Lizzie Dove, Morgan Stanley, Wayfair, Levi Strauss —, Conagra, Lamb Weston, FactSet, — CNBC's Alex Haring, Sarah Min, Samantha Subin Organizations: Hertz, Goldman, Zeta Global, Zeta's, LSEG, NASA

☆ Jim Cramer says Nelson Peltz's defeat is worrisome for Disney's stock and he wants to sell more
▼ + stars: | 2024-04-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Disney wins: Disney was successful at fending off Trian Partners in Nelson Peltz's quest for two board seats at the company. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Nelson, Jim, Steve Cohen, We're, Michael Cembalest, Levi Strauss, Slim Jim, Conagra, Lamb Weston, There's, Jim Cramer's, Mickey Mouse, Joe Raedle Organizations: CNBC, Treasury, Institute for Supply, PMI, Disney, Trian Partners, Apple, JPMorgan, Procter, Gamble, Jim Cramer's Charitable, Walt Disney World, Getty Locations: Washington, Orlando , Florida

☆ Here are the 3 key things we're most focused on in the stock market this week
▼ + stars: | 2024-03-30 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

The annual reading is above the 2% target set by the central bank but is a slight deceleration from the 2.9% annual rate in December and January. Looking ahead to next week, it's all about the macroeconomic updates as the first quarter earnings season is mostly over. ET: ISM Manufacturing PMI After the bell: PVH Corp. (PVH), Canoo (GOEV) Tuesday, April 2 10:00 a.m. ET: ISM Services PMI Before the bell: Acuity Brands (AYI) After the bell: BlackBerry (BB), Levi Strauss (LEVI) Thursday, April 4 8:30 a.m. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Dow, payrolls, Paychex, Calvin Klein, Tommy Hilfiger, Buster's, Levi Strauss, LEVI, Lamb Weston, Jim Cramer's, Jim Cramer, Jim, Eric Thayer Organizations: Dow Jones, Nasdaq, Federal, Cal, Maine Foods, Conagra, PVH Corp, PMI, Maine, Brands, Jim Cramer's Charitable, CNBC, Workers, Grand Central Market, Bloomberg, Getty Locations: U.S, Cal, Los Angeles , California

☆ Cramer breaks down which company spin-offs have produced winning stocks
▼ + stars: | 2024-03-28 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Cramer breaks down which company spin-offs have produced winning stocks"Mad Money" host Jim Cramer breaks down the Conagra and Lamb Weston split and discusses companies that have had successful spinoffs.

Persons: Cramer, Jim Cramer, Lamb Weston

☆ Thames Water: Britain’s biggest water company left in the lurch by shareholders
▼ + stars: | 2024-03-28 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Investors are refusing to inject billions in new money into Britain’s biggest water company, leaving the beleaguered business at risk of an emergency government takeover. “After more than a year of negotiations with the regulator, Ofwat has not been prepared to provide the necessary regulatory support for a business plan which ultimately addresses the issues that Thames Water faces,” the shareholders said. In its turnaround plan published in October, Thames Water, which is saddled with £14 billion ($17.7 million) in debt, proposed to jack up the average annual customer bill by 40% by 2030. The first £500 million ($630 million) of that sum was due by Sunday, March 31. “Based on the feedback provided by Ofwat to Thames Water to date, the regulatory arrangements that would be expected to apply to Thames Water… make the (turnaround plan) uninvestible,” the utility said in a statement Thursday.

Persons: Ofwat, Chris Weston, “, Jeremy Hunt, Weston, ”, Olesya Dmitracova Organizations: London CNN — Investors, Ofwat, Thames, Water, Reuters, Government, BBC Locations: Thames, London, England, China, Abu Dhabi, British, Wales

☆ Wall Street could be in for another good quarter after an exuberant start to the year, history shows
▼ + stars: | 2024-03-28 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Wall Street could be in for another solid quarter as stocks have embarked on a strong start to the year. Specifically, in the second quarter, the S & P 500 was higher 9 out of 11 times, averaging a 2.7% gain. Significantly, two occurrences of those 10% first-quarter gains Detrick reviewed took place during election years, with the S & P 500 ending higher on the year. In 1976, the S & P 500 went on to register a 1.5% increase in the second quarter, and a 4.6% jump for the rest of the year. The Wall Street firm maintained its year-end S & P 500 target of 5,050, representing a 3.8% slide from Wednesday's close.

Persons: Ryan Detrick, We've, there'd, Detrick, CNBC's, Research's Sam Stovall, Stovall, Piper Sandler, Craig Johnson, Brian Nick, Nick, John Stoltzfus, Ayako Yoshioka, Yoshioka, CFRA's Stovall, FactSet Organizations: Nvidia, VanEck Semiconductor, Dow Jones, Carson Group, Macro, PMI, Manufacturing, ADP, Survey, Services PMI, Weston Holdings, Conagra Brands, Consumer Credit Locations: U.S

☆ Intervention threat curbs dollar's ascent towards new high on the yen
▼ + stars: | 2024-03-25 | by ( ) www.cnbc.com time to read: +3 min

The dollar was on the front foot on Monday and kept the yen pinned near a multi-decade low, though the threat of currency intervention from Japanese authorities prevented the greenback from heading further north. "Japanese officials' verbal intervention is making 152 a very strong near-term resistance for dollar/yen," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "Markets are fully aware of a potential actual FX intervention from authorities, so I think that's keeping dollar/yen from moving substantially higher. "I think there is still a high risk that they will come in to prop up the yen if dollar/yen were to surge materially perhaps to 155. The yuan has been pressured by growing market expectations of further monetary easing to prop up the world's second-largest economy.

Persons: Carol Kong, That's, BoE, Andrew Bailey, Chris Weston Organizations: Bank of Japan's, Commonwealth Bank of Australia, Federal Reserve, European Central Bank, Bank of England, Swiss National Bank, Sterling, Financial Times, ECB, New Zealand Locations: Japan, United States

☆ Amid Florida’s Measles Outbreak, Surgeon General Goes Against Medical Guidance
▼ + stars: | 2024-02-23 | by ( Dani Blum | ) www.nytimes.com time to read: +1 min

As a cluster of measles cases grew in an elementary school in southern Florida, the state’s surgeon general sent a letter to parents that contradicted widespread medical guidance about how to keep the disease from spreading. Doctors and health officials typically recommend that children who are not vaccinated for measles isolate for 21 days after they have been exposed at school. However, the state Department of Health “is deferring to parents or guardians to make decisions about school attendance,” the letter, sent to parents at Manatee Bay Elementary School in Weston, Fla., continued. Dr. Ladapo added that these recommendations might change in the future and stressed that children with measles symptoms should not go to school. As of Friday, there were six confirmed cases at the school, according to Broward County Public Schools.

Persons: Joseph Ladapo, of Health “, Ladapo Organizations: of Health, Manatee Bay Elementary, Broward County Public Schools Locations: Florida, Weston , Fla, Broward

☆ BAFTA Award winners list
▼ + stars: | 2024-02-18 | by ( Alli Rosenbloom | Thomas Page | ) edition.cnn.com time to read: +8 min

The Christopher Nolan-directed award season favorite led the nominees with 13 nods this year and won seven awards, including director, lead actor and the coveted best film award. “Poor Things” was the other stand-out winner of the ceremony with five wins, including Emma Stone’s award for lead actress. “The Holdovers” star Da’Vine Joy Randolph continues to dominate the supporting actress category through this award season cycle. Thanking her co-star Paul Giamatti while accepting her BAFTA, Randolph said, “Gosh, I cry every time I say your name. See below for a full list of BAFTA nominees and winners.

Persons: CNN — “ Oppenheimer ”, Christopher Nolan, Nolan, ”, Emma Stone’s, “, Da’Vine Joy Randolph, Paul Giamatti, Randolph, “ Gosh, Jonathan Glazer, Barbie, Maestro ”, Martin Scorsese, Tom Cruise, Michael J, Fox, Prince William, Catherine , Princess of Wales, King Charles ., “ Oppenheimer ”, Napoleon ” “, Wonka, Cillian Murphy, Oppenheimer, Melinda Sue Gordon, Andrew Haigh, Justine Triet, Alexander Payne, ” Bradley Cooper, “ Maestro ” Christopher Nolan, Cord Jefferson, ” –, “ Oppenheimer, Tony McNamara, Arthur Harari, Greta Gerwig, Noah Baumbach, “ Barbie ” David Hemingson, Josh Singer, “ Maestro ” Celine Song, Barry Keoghan, Saltburn ” Bradley Cooper, “ Maestro ” Cillian Murphy, “ Oppenheimer ” –, Colman Domingo, “ Rustin ” Paul Giamatti, ” Teo Yoo, Emma Stone, Carey Mulligan, “ Maestro ” Emma Stone, Fantasia Barrino, Margot Robbie, “ Barbie ” Sandra Hüller, Vivian Oparah, Dominic Sessa, Jacob Elordi, Saltburn, Paul Mescal, Robert De Niro, Robert Downey Jr, Ryan Gosling, “ Barbie, Da'Vine Joy Randolph, Claire Foy, Danielle Brooks, Emily Blunt, Rosamund Pike, Sandra Hüller, Robbie Robertson, Ludwig Göransson, Jerskin Fendrix, ” Anthony Willis, “ Saltburn ” Daniel Pemberton, Jacqueline Durran, “ Barbie ” Jacqueline West, Dave Crossman, Janty Yates, “ Napoleon ” Ellen Mirojnick, Holly Waddington, Sarah Greenwood, Katie Spencer, Jack Fisk, Adam Willis, Ruth De Jong, Claire Kaufman, Shona Heath, James Price, Zsuzsa, Chris Oddy, Joanna Maria Kuś, Katarzyna Sikora, Jonathan Bullock, Charmaine Chan, Ian Comley, Jay Cooper, Theo Bialek, Stephane Ceretti, Alexis Wajsbrot, Guy Williams, Neil Corbould, Simone Coco, Jeff Sutherland, Alex Wuttke, Henry Badgett, Charley Henley, Ewen Martin, “ Napoleon, Tim, Simon Hughes, Dean Koonjul, Jane Paton, Hair Kay Georgiou, Thomas Nellen, Sian Grigg, Kay Georgiou, Kazu Hiro, Lori McCoy, Bell, “ Maestro ” Jana Carboni, Francesco Pegoretti, Satinder Chumber, Julia Vernon, “ Napoleon ” Luisa Abel, Jaime Leigh McIntosh, Jason Hamer, Ahou, Nadia Stacey, Mark Coulier, Josh Weston, Laurent Sénéchal, Thelma Schoonmaker, Jennifer Lame, Yorgos Mavropsaridis, ” Paul Watts, Rodrigo Prieto, Matthew Libatique, Maestro ” Hoyte van, Robbie Ryan, Kahleen Crawford, Susan Shopmaker, Isabella Odoffin, Ellen Lewis, Rene Haynes, Angelo Bonanni, Tony Lamberti, Andy Nelson, Lee Orloff, Bernard Weiser, “ Ferrari ” Richard King, Steve Morrow, Tom Ozanich, Jason Ruder, Dean Zupancic, Maestro ” Chris Burdon, James H, Mather, Chris Munro, Mark Taylor, Willie Burton, Richard King, Kevin O’Connell, Gary A, Rizzo, Johnnie Burn, ” “ Gorka, Phoebe Dynevor Ayo, Jacob Elordi Mia Mckenna, Bruce –, Sophie Wilde Organizations: CNN, Royal Festival Hall, Universal, BAFTA, Screen, Netflix, BBC, “ Society, Fox, Universal Pictures, Searchlight, “ Guardians, “ Locations: London, England, British, “

☆ Ole Andreas Halvorsen's Viking Global bought this regional bank in the fourth quarter
▼ + stars: | 2024-02-15 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Despite broad concerns surrounding the health of regional banks, Ole Andreas Halvorsen's Viking Global bought into one key name in the sector in the fourth quarter. The move came near the end of a turbulent year for regional banks after the shuttering of Silicon Valley Bank , First Republic Bank and Signature Bank led investors to question the regionals' business model. Shares of U.S. Bancorp climbed more than 30% in the fourth quarter, but the stovck still ended the year down about 1%. The sector took a hit this year following New York Bancorp 's dismal fourth quarter earnings , which showed a loss, a large reserve against weaker future credits and slashed the dividend. Halvorsen went even further and zeroed out stakes in Microsoft and Arm Holdings , the British chip and software designer that went public last September.

Persons: Ole Andreas Halvorsen's, Halvorsen, Julian Robertson, InsiderScore, Lamb Weston Organizations: Ole Andreas Halvorsen's Viking Global, Viking Global, . Bancorp, Silicon Valley Bank, First Republic Bank, Signature Bank, U.S . Bancorp, Regional Banking, New York Bancorp, Viking, Tiger Management, Devices, Microsoft, Arm Holdings, Mastercard, Electric, Colgate, Palmolive Locations: Ole Andreas Halvorsen's Viking, Minneapolis, Silicon, U.S, Deere

☆ Dollar scales fresh peaks as Fed cut bets recede
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: +3 min

"A one-two punch from Jay Powell's FOMC presser and a very strong nonfarm payrolls report have essentially closed the door on a March rate cut," said Chris Weston, head of research at Pepperstone. The Japanese yen was last 0.15% lower at 148.58 per dollar, having hit a trough of 148.82 earlier in the session. Treasury yields also jumped on expectations of higher-for-longer U.S. rates, with the two-year yield, which typically reflects near-term interest rate expectations, last up nearly seven bps at 4.4386%. That did little to help the yuan, with the offshore yuan last marginally lower at 7.2182 per dollar, pressured by a stronger greenback. "So far we've just seen speculation and some media reports talking about further support for the equity market or the property market.

Persons: Jerome Powell's, Jay Powell's FOMC presser, Chris Weston, Powell, Carol Kong, CBA's Organizations: Federal Reserve, New, Traders, Fed, CBS, Sterling, Commonwealth Bank of Australia, Treasury Locations: Buenos Aires, Argentina, New Zealand

☆ YouTube helped solve an evolutionary mystery that's puzzled biologists for decades
▼ + stars: | 2024-02-04 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

One of his videos provided the missing piece to link 400-year-old fossils with living euglenoids. And it helped them solve a scientific mystery that's confused biologists for decades. To find ancient evidence of euglenoids, van de Schootbrugge and his colleagues looked at microfossils — teensy fossils that are only a few millimeters in size. AdvertisementA chance viewing of a YouTube video helped van de Schootbrugge and his colleagues link the fossils and living euglenoids. The proof was in a pond (and on YouTube)There were two main problems with the cyst microfossils: what they were called and what they looked like.

Persons: Fabian Weston, —, who's, Euglenoids, Bas, de, de Schootbrugge, they've, van de Schootbrugge, van de Schootbrugge's, Paul Strother, Strother, Van de Schootbrugge, Wilson Taylor Organizations: Service, Utrecht University, YouTube, New South Wales, University of Wisconsin, Eau Claire Locations: New South, Vouliagmeni, Greece

☆ Dollar struggles to retain gains even as March rate cut odds recede
▼ + stars: | 2024-01-22 | by ( ) www.cnbc.com time to read: +3 min

Japan's yen was the notable mover in otherwise quiet trading, as it tiptoed away from Friday's one-month low of 148.80. San Francisco Federal Reserve Bank President Mary Daly on Friday said she believes the U.S. economy and monetary policy are in a "good place" and it is premature to think rate cuts are imminent. Short-term interest rate futures market show traders are betting interest rate cuts will start in May, with the probability of a March cut dropping below 50%, down from near 80% in the first weeks of January, according to CME Group data. "The USD holds a fair relationship with the evolving implied pricing for a March Fed cut, where rate cut probability falls the USD rallies, and vice versa," he wrote. Much of the gains have come from investor bets on Fed rate cuts.

Persons: dovish, Mary Daly, Chris Weston, Pepperstone Organizations: U.S, of Japan's, Federal Reserve, San Francisco Federal Reserve Bank, Group, NatWest Markets, European Central Bank, ECB Locations: Japan, Europe, U.S

☆ Trump's proposed 10% tariff plan would 'shake up every asset class,' strategist says
▼ + stars: | 2024-01-22 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Mike Segar | ReutersMarkets need to begin thinking about the structural impact of Donald Trump's proposed 10% tariff increase, which "shakes up every asset class," according to Michael Every, global strategist at Rabobank. He suggested one of investors' top concerns would be the 10% tariff on all U.S. imports. Trump floated the 10% tariff during an interview last year with Fox Business' Larry Kudlow, his former White House economic advisor, saying "it's a massive amount of money." China responded with its own tariffs on U.S. goods, and Trump also imposed tariffs on steel and aluminum imports from most countries, including many of Washington's biggest allies. He noted Trump's tendency to "change his mind" so frequently on geopolitical issues that "people won't know where his thinking is at."

Persons: Donald Trump, Mike Segar, Donald Trump's, Michael Every, Janet Yellen, Ron DeSantis, CNBC's, Trump, Tom Lee, Larry Kudlow, it's, Keen, Joe Biden's, Dan Boardman Organizations: U.S, Republican, New, Reuters, Rabobank, The, Foundation, Forum, GOP, Trump, Fox Business, White, AAF, BRI Wealth Management Locations: New Hampshire, Rochester , New Hampshire, U.S, America, China, Beijing, Weston

☆ Wealth management firm explains why Trump could be bad for markets
▼ + stars: | 2024-01-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWealth management firm explains why Trump could be bad for marketsDan Boardman-Weston, CEO and CIO at BRI Wealth Management, discusses the "geopolitical risks" of another Trump presidency, and the assets he is favoring in the short term.

Persons: Trump, Dan Boardman Organizations: Wealth, BRI Wealth Management Locations: Weston

☆ BAFTA Film Awards nominations 2024: See the full list of nominees
▼ + stars: | 2024-01-18 | by ( Thomas Page | ) edition.cnn.com time to read: +6 min

CNN —The nominees for the 2024 BAFTA Film Awards have been announced, with “Oppenheimer” leading the charge with 13 nominations. There were few surprises from the British Academy, with strong awards season favorites faring well, including Yorgos Lanthimos’ “Poor Things” with 11 nominations and Martin Scorsese’s “Killers of the Flower Moon” with nine. Standing out from the crowd was “The Zone of Interest,” Jonathan Glazer’s unique film about the Holocaust, which achieved nine nominations. “Barbie” received nods in five categories, including Margot Robbie for best actress, but did not land a best picture nomination. The awards ceremony, hosted by actor David Tennant, will be held at the Royal Festival Hall, in London, on February 18.

Persons: “ Oppenheimer ”, Martin Scorsese’s, Jonathan Glazer’s, “ Barbie ”, Margot Robbie, “, ”, Lily Gladstone, David Tennant, “ Oppenheimer, Napoleon ” “, Wonka, Michael J, Andrew Haigh, Justine Triet, Alexander Payne, ” Bradley Cooper, “ Maestro ” Christopher Nolan, Jonathan Glazer, Cord Jefferson, ” Christopher Nolan, Tony McNamara, Arthur Harari, Greta Gerwig, Noah Baumbach, “ Barbie ” David Hemingson, Josh Singer, “ Maestro ” Celine Song, Barry Keoghan, Saltburn ” Bradley Cooper, “ Maestro ” Cillian Murphy, “ Oppenheimer ” Colman Domingo, “ Rustin ” Paul Giamatti, ” Teo Yoo, Carey Mulligan, “ Maestro ” Emma Stone, “ Barbie ” Sandra Hüller, Vivian Oparah, Dominic Sessa, Jacob Elordi, Saltburn, Paul Mescal, Robert De Niro, Robert Downey Jr, “ Oppenheimer ” Ryan Gosling, Claire Foy, Danielle Brooks, Da’Vine Joy Randolph, Emily Blunt, Rosamund Pike, Sandra Hüller, Robbie Robertson, Ludwig Göransson, Jerskin, ” Anthony Willis, “ Saltburn ” Daniel Pemberton, Jacqueline Durran, “ Barbie ” Jacqueline West, Dave Crossman, Janty Yates, “ Napoleon ” Ellen Mirojnick, Holly Waddington, Sarah Greenwood, Katie Spencer, “ Barbie, Jack Fisk, Adam Willis, Ruth De Jong, Claire Kaufman, Shona Heath, James Price, Zsuzsa, Chris Oddy, Joanna Maria Kuś, Katarzyna Sikora, Jonathan Bullock, Charmaine Chan, Ian Comley, Jay Cooper, Theo Bialek, Stephane Ceretti, Alexis Wajsbrot, Guy Williams, Neil Corbould, Simone Coco, Jeff Sutherland, Alex Wuttke, Henry Badgett, Charley Henley, Ewen Martin, “ Napoleon ” Simon Hughes, Hair Kay Georgiou, Thomas Nellen, Sian Grigg, Kay Georgiou, Kazu Hiro, Lori McCoy, Bell, “ Maestro ” Jana Carboni, Francesco Pegoretti, Satinder Chumber, Julia Vernon, “ Napoleon ” Luisa Abel, Jaime Leigh McIntosh, Jason Hamer, Ahou, Nadia Stacey, Mark Coulier, Josh Weston, Laurent Sénéchal, Thelma Schoonmaker, Jennifer Lame, Yorgos, ” Paul Watts, Rodrigo Prieto, Matthew Libatique, Maestro ” Hoyte van, Robbie Ryan, Kahleen Crawford, Susan Shopmaker, Isabella Odoffin, Ellen Lewis, Rene Haynes, Angelo Bonanni, Tony Lamberti, Andy Nelson, Lee Orloff, Bernard Weiser, “ Ferrari ” Richard King, Steve Morrow, Tom Ozanich, Jason Ruder, Dean Zupancic, Maestro ” Chris Burdon, James H, Mather, Chris Munro, Mark Taylor, Willie Burton, Richard King, Kevin O’Connell, Gary A, Rizzo, Johnnie Burn, ” “ Gorka, Phoebe Dynevor Ayo, Jacob Elordi Mia Mckenna, Bruce Sophie Wilde Organizations: CNN, British Academy, Royal Festival Hall, “ Society, Fox, “ Guardians, “ Locations: London, British, “

☆ Dollar advances as traders weigh rate cut expectations, eyes on data
▼ + stars: | 2024-01-16 | by ( ) www.cnbc.com time to read: +4 min

Traders are back projecting cuts of 160 bps this year, up from expectations of 140 bps last week. Chris Weston, head of research at Pepperstone, said the risk is that Waller could push back on market pricing for a March cut and show a lack of urgency to normalize policy. "That said, should he even remotely validate market pricing, then we should see U.S. 2-year bond yields fall further. Markets are pricing around 120 bps of rate cuts by the Bank of England in 2024, with the first one most likely in May. Elsewhere, the Australian dollar fell 0.43% to $0.6632, while the New Zealand dollar fell 0.39% to $0.6176.

Persons: Hamish Pepper, Christopher Waller, Waller, Chris Weston, Weston, Bank's Joachim Nagel Organizations: U.S, Federal, Bank of Japan, Fed, Traders, Asset Management, Treasury, Bank of England, New Zealand Locations: Tokyo, Japan, U.S

☆ Dollar wobbles; yuan on guard ahead of China data dump
▼ + stars: | 2024-01-15 | by ( ) www.cnbc.com time to read: +3 min

The dollar ebbed on Monday on renewed expectations of a rate cut by the Federal Reserve in March, while the Chinese yuan struggled near a one-month low ahead of a slew of economic data this week. The offshore yuan languished near a one-month low of 7.1925 per dollar hit on Friday, and was last at 7.1861 per dollar. "I think more PBOC (People's Bank of China) easing is coming this year," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "I don't think (Monday's move) will materially weigh on the (yuan) because a rate cut is more or less priced in. The Australian dollar , often used as a liquid proxy for the yuan, edged 0.07% higher to $0.6690.

Persons: China's, Sterling, Chris Weston, Carol Kong, Party's Lai Ching, te, Goldman Sachs Organizations: Federal Reserve, Traders, U.S, Treasury, CPI, PPI, Bank of, People's Bank of China, Commonwealth Bank of Australia, Australian, New Zealand, Democratic, Taiwan Locations: Asia, U.S, Bank of Japan, China, Taiwan

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