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☆ We're exiting a troubled drugmaker and putting the cash into 2 health-care stocks with brighter outlooks
▼ + stars: | 2024-05-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

We are exiting our position in Bausch Health , selling 2,930 shares at roughly $7.13. In addition, are buying 95 shares of Abbott Laboratories at roughly $104.53 and 125 shares of GE Healthcare at roughly $81. And we are still buying into weakness because shares of Abbott and GE Healthcare are down over the past month. Shares of Abbott have been in the doghouse since March due to litigation concerns for its baby formula business. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Bausch, It's, Jim Cramer, Amneal, Abbott, Johnson, it's, GE Healthcare's, Jim Organizations: Bausch Health, Abbott Laboratories, GE Healthcare, ABT, GEHC, Amneal Pharmaceuticals, Abbott, Johnson, GE, Electric, Disney, Wynn Resorts, WYNN, CNBC Locations: BHC, Bausch's, China, U.S, Bausch

CNN —Northern Gaza is experiencing a “full-blown famine” which is rapidly spreading across the strip after almost seven months of war, the executive director of the World Food Programme has said. “Whenever you have conflicts like this, and emotions rage high, and things happen in a war, famine happens,” the WFP’s Cindy McCain told NBC’s “Meet the Press” in a clip released ahead of the interview airing on Sunday. More than 34,600 Palestinians have been killed by Israeli attacks in Gaza as of May 1, according to the Gaza health ministry. Concerns are also heightened over an anticipated Israeli military operation in southern Gaza’s Rafah, prompting renewed calls for a ceasefire. People in southern Gaza queue to receive a bowl of food for their families from charity organizations, on May 3, 2024.

Persons: Cindy McCain, NBC’s “, ”, “, ” McCain, Doaa, they’re Organizations: CNN, WFP, UN, Getty, Israel Defense Forces Locations: Northern Gaza, Cairo, Palestinian, Gaza, Israel, US, Gaza’s Rafah, Anadolu, Rafah

☆ Fisker's woes are another reason to consider leasing an EV over buying
▼ + stars: | 2024-05-01 | by ( Graham Rapier | ) www.businessinsider.com time to read: +4 min

There are several reasons to consider leasing an EV over buying. To be sure, the vast majority of EV owners don't have to worry about the maker of their vehicles imminently going out of business. AdvertisementUsed EV prices are a huge question markThere's limited data on EV resale prices. Pre-owned EV prices have fallen in line with new EV prices. EV leasing is growing in popularityLeasing an EV is no longer a niche concept.

Persons: —, Fisker, Cox, Polestar, Paul Jacobson Organizations: Service, EV, Leasing, International Energy Agency, American, Tesla, Cox Automotive, Electrek, Lease

☆ US economy grew by just 1.6% in the first quarter, a much slower pace than expected
▼ + stars: | 2024-04-25 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington CNN —The US economy cooled more than expected in the first quarter of the year, but remained healthy by historical standards. Gross domestic product, which measures all the services and goods produced in the economy, measured an annualized rate of 1.6% in the first quarter, the Commerce Department reported Thursday. It was the weakest pace of growth since the second quarter of 2022 when the economy contracted. What this means for interest ratesInflation slowed considerably last year, but the pace of its descent has stalled in recent months. For now, economic growth remains healthy, despite the weaker-than-expected first-quarter GDP reading, as employers continue to hire at a solid clip and workers still command robust wage gains.

Persons: ” Oren Klachkin Organizations: Washington CNN, Federal Reserve, Gross, Commerce Department, Consumer, Nationwide, CNN

☆ Meta Platforms gets billions from China without headaches many U.S. companies face there
▼ + stars: | 2024-04-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

As many American companies struggle to navigate the world's second-largest economy, Meta Platforms has found itself raking in billions of dollars from China without the direct challenges of doing business there. The influx in spending from Chinese ecommerce advertisers has been a "significant positive" for Meta, said Rohit Kulkarni, analyst at Roth MKM covering internet companies. Many American companies doing business in China have battled similar challenges as the post-Covid recovery there has progressed slower than expected. Meta has said it has a "diverse advertiser base" of Chinese companies. The concern is that as more Chinese advertisers target American consumers through Meta's platforms, that could drive up the price of ads for everyone.

Persons: Temu, Rohit Kulkarni, Roth, Meta's, Piper Sandler, Tom Champion, Estee Lauder, Meta, Susan Li, Shein, Kate Scott, Dawkins, —, Roth's Kulkarni, Piper Sandler's, they're, Josh Silverman, we're, Piper, doesn't, Jim Cramer's, Jim Cramer, Jim, Facebook Mark Zuckerberg, Kenzo Tribouillard Organizations: Club, Super, U.S, Meta, Apple, Facebook, Tencent, Holdings, Nasdaq, CNBC, Wall Street, Google, European Commission, AFP, Getty Locations: China, Ireland, Shanghai, Singapore, U.S, Meta, Brussels

☆ The Masters: Scottie Scheffler is flying, but will leave tournament ‘at a moment’s notice’ if wife goes into labor
▼ + stars: | 2024-04-12 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —In his current form, it almost feels like nothing can stop Scottie Scheffler from clinching his second Masters crown – yet the world No. Speaking after his historic win, Scheffler dished out special praise to his support system at home in Dallas. Scheffler kisses his wife Meredith after clinching his first major title at Augusta National in 2021. David J. Phillip/APBurns joins Scheffler on baby watchScheffler isn’t the only player on baby alert – so too is friend and this week’s roommate Sam Burns. Phil Mickelson’s caddie Jim Mackay carried a beeper around all 72 holes of the 1999 US Open in case the golfer’s wife Amy went into labor.

Persons: CNN —, Scottie Scheffler, Bryson DeChambeau, Scheffler, ”, Meredith, ” Scheffler, Sara caddied, “, Arnold Palmer, Mike Ehrmann, Xander Schauffele, Rory McIlroy, David J, Phillip, AP Burns, Sam Burns, Burns, Caroline, “ It’s, ” Burns, Jamie Squire, Phil Mickelson’s caddie Jim Mackay, Amy, Mickelson agonizingly, Payne Stewart, Mickelson –, – Organizations: CNN, Augusta National, Arnold Palmer Invitational Locations: Augusta, Dallas

☆ Hot inflation data pushes market’s rate cut expectations to September
▼ + stars: | 2024-04-10 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Three months of inflation data have brought those expectations back down to earth. "Not that you've put a pin in inflation getting to the Fed's target, but it's not happening imminently." The 2-year Treasury note , which is especially sensitive to Fed rate moves, jumped to 4.93%, an increase of nearly 0.2 percentage point. The pricing in of seven rate cuts earlier this year was completely at odds with indications from Fed officials. However, when policymakers in December raised their "dot plot" indicator to three rate cuts from two projected in September, it set off a Wall Street frenzy.

Persons: Michael M, Liz Ann Sonders, Charles Schwab, you've, There's, Today's, Phillip Neuhart, Joseph LaVorgna, Schwab's Sonders, Sonders Organizations: New York Stock Exchange, Santiago, Getty, Federal, Labor, CPI, Fed, Traders, First, Bank Wealth, Dow Jones, Treasury, Nikko Securities, Atlanta Fed Locations: New York City

☆ How one real-estate unicorn is getting past gutting layoffs and slowing deals
▼ + stars: | 2024-04-08 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +8 min

Rising interest rates have slammed the brakes on deals, and many real-estate companies have cut staff as revenues slowed. Founded in 2020 by real-estate executives Ryan Stroker and William Martiner, Avenue One was profitable by early 2021, company officials told Business Insider. AdvertisementAvenue One cofounder and CEO Ryan Stroker told BI in an interview how the company is navigating the difficult business environment. "I was told that I wasn't spending enough money six months before the layoffs," Stroker said. Layoffs and Big SpendingBoth Stroker and Avenue One's followup statement said the company is financially secure and described the layoffs as prudent rather than necessary.

Persons: It's, Ryan Stroker, William Martiner, Wall, Stroker, Martiner, John Burns, Ryan, Axel Springer Organizations: Service, KKR, Global, Business, MetLife, Wall, Amherst, John Burns Real Estate Consulting, BI Locations: Manhattan, Axel

☆ Regenerative tourism is the new gold standard for resort development. This destination on the Red Sea is leading the way.
▼ + stars: | 2024-04-03 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

A development organization in Saudi Arabia is changing perceptions of how regenerative tourism can work. He took a different course: Building a vertically-integrated real estate company to deliver The Red Sea. Across its two larger destinations, The Red Sea and AMAALA, RSG is creating 120,000 new jobs, directly and indirectly. Destinations like The Red Sea and AMAALA aim to build a broader, more leisure-focused tourism sector. This article was created by Insider Studios with Red Sea Global.

Persons: John Pagano, Pagano, St Regis, RSG, RSG —, King Abdullah, I've, University of Prince Mugrin, We're Organizations: Red Sea, St, Ritz, Carlton Reserve, imminently, King, King Abdullah University of Science and Technology, KAUST, Saudi, Hospitality, University of Prince, Tourism, Insider Studios, Sea Locations: Saudi Arabia, London, Bahamas, RSG, Central, Saudi, Red

☆ Taiwan earthquake: Tsunami warnings issued after 7.4 magnitude quake strikes of east coast
▼ + stars: | 2024-04-02 | by ( Wayne Chang | Helen Regan | ) edition.cnn.com time to read: +1 min

CNN —A major earthquake with a magnitude of 7.4 struck off Taiwan’s eastern coast Wednesday, according to the US Geological Survey, prompting tsunami warnings for the island and southern Japan. Taiwan’s Central Weather Administration issued a tsunami warning following the quake. The Japan Meteorological Agency also issued a tsunami warning for Miyakojima and Okinawa islands, warning of waves up to 3 meters expected imminently. Several aftershocks were felt in Taiwan, including one that registered a magnitude of 6.5, according to the USGS. A magnitude 6.2 quake hit near Hualien in 2018, killing at least 17 people and injuring more than 300 others.

Organizations: CNN, Geological Survey, Weather Administration, CWA, Japan Meteorological Agency Locations: Japan, Hualien, Taiwan’s, Okinawa, Taiwan, Indonesia, Chile, Hualien County, Taroko

☆ A 32-year market vet warns the S&P 500 is set to fall 50%-70% in the years ahead with valuations at historic highs — and says that an imminently weakening labor market will be the catalyst for the cra
▼ + stars: | 2024-03-30 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

According to Bank of America, valuation levels explain 80% of the market's return over a 10-year period. Bank of AmericaThere are many ways to measure valuation levels in the overall market. Hussman says it's the most accurate indicator of future market returns that he's found. AdvertisementThe Conference BoardThird, the number of US states with a rising unemployment rate is spiking, meaning that the overall unemployment rate should see further upside. BullAndBearProfits.comThe US unemployment rate is already on a slight uptrend, having climbed from 3.4% in April 2023 to 3.9% as of February.

Persons: —, Jon Wolfenbarger, Merrill Lynch, John Hussman's, he's, Warren Buffett, Wolfenbarger, Stocks, Woflenbarger, Cam Harvey, Claudia Sahm, Louis Fed, Jeremy Grantham, John Hussman, David Rosenberg, Goldman Sachs, David Kostin, America's Savita Subramanian, Ian Shepherdson, Shepherdson Organizations: Service, Bank of America, Business, JPMorgan, National Federation of Independent Business, Board, Treasury, Bank, America's

☆ Opinion: Trump’s facing a legal one-two punch
▼ + stars: | 2024-03-25 | by ( Opinion Norman Eisen | Andrew Warren | ) edition.cnn.com time to read: +9 min

CNN —Contrary to the popular view that former President Donald Trump has successfully delayed accountability, this week he’s facing a one-two punch that has the potential to inflict lasting damage. Some say that this case, too, serves as an example of Trump’s success at delaying prosecution against him. On March 18, Trump’s lawyers told the court that it was a “practical impossibility” to secure such a large bond. The bottom line, however, is that the New York attorney general is likely going to continue putting liens on Trump’s properties. Whatever delays may be present in those jurisdictions, or in Florida’s Mar-a-Lago documents case, in New York the former president is facing serious hits.

Persons: Norman Eisen, Barack Obama’s, Andrew Warren, Donald Trump, Attorney Alvin Bragg, Letitia James, Norm Eisen, Bragg, Trump, Stormy Daniels, Daniels, Michael Cohen, –, Cohen, SDNY, Judge Juan Merchan, Donald , Jr, Eric, Judge Arthur Engoron, James, general’s Organizations: CNN, US Department of Justice, New, Manhattan, Attorney, New York, Trump, Andrew Warren State, US, Office, Southern, of, Trump Organization, Seven, NY, DC Locations: Hillsborough County , Florida, New York, of New York, Westchester County , NY, Springs, Manhattan, New York City, Saudi Arabia, Russia, Georgia, Florida’s Mar

☆ Finland follows France and raises possibility of deploying troops to Ukraine, says report
▼ + stars: | 2024-03-16 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

Finland's Foreign Minister says the West shouldn't rule out deploying troops against Russia. AdvertisementFinland's Foreign Minister Elina Valtonen said the West can't rule out the possibility of deploying troops against Russia, Politico reports. "We are not right now sending any troops and not willing to discuss that," she said. He again said that sending Western troops into Ukraine shouldn't be ruled out, though he said the current situation doesn't require it, AP reported. Despite the Biden administration's firm stance against sending US troops to Ukraine, National Security Council spokesperson John Kirby stressed on Friday that the decision ultimately lies with individual nations.

Persons: Elina Valtonen, Macron, —, Valtonen, Emmanuel Macron, Le Monde, Olaf Scholz, Putin, Vladimir Putin, ALEXANDER NEMENOV, Ukraine shouldn't, Jonathan NACKSTRAND, Ivo Daalder, Kurt Volker, John Kirby Organizations: Finland's, Politico, Service, NATO, Stalin's Red Army, Getty, Reuters, AP, NATO Nordic, AFP, Biden, National Security Locations: Russia, Finland, Sweden, Soviet Union, Moscow, Paris, Ukraine, Russian, Swedish, AFP Ukraine, Avdiivka

☆ Live updates: Israel-Hamas war, Ramadan begins, Netanyahu defends Gaza policies
▼ + stars: | 2024-03-11 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +1 min

Benjamin Netanyahu addresses a conference in Jerusalem, on February 18. The Israeli leader's remarks came as the Islamic holy month of Ramadan began and ceasefire talks stall. Israeli officials had previously warned that if hostages held in Gaza weren’t home by the start of Ramadan, they would launch a military offensive into Rafah. He also denied Biden's claim that he is "hurting more than helping" Israel in failing to limit civilian casualties in Gaza. The Biden administration is not anticipating that Israeli forces will imminently expand their military operations into Rafah, two US officials told CNN.

Persons: Benjamin Netanyahu, Ronen Zvulun, Joe Biden's, Ramadan, Netanyahu, Biden Organizations: Israeli, Sunday, CNN, The United Nations Locations: Jerusalem, Rafah, Gaza

☆ Rift between Biden and Netanyahu widens as Israeli leader vows to press on with Rafah operation
▼ + stars: | 2024-03-11 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +5 min

“It is a red line, but I am never going to leave Israel,” Biden said. We’re not going to leave (Gaza),” Netanyahu said Sunday in an interview with German outlet Axel Springer. “You know, I have a red line. “It (Israel) cannot have 30,000 more Palestinians dead,” Biden told MSNBC Saturday. Asked about the moment, Biden told MSNBC the comment meant he intends to have a serious meeting soon with Netanyahu.

Persons: Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, Israel ”, Israel, “, ” Netanyahu, ” Biden, “ We’ll, We’re, Axel Springer, Kamala Harris, ”, Bibi –, Antony Blinken, Michael Bennett, Bibi Organizations: CNN, Israeli, MSNBC, Politico, Israel, Sunday, US, Gaza Ministry, Health, Michigan Democratic Locations: Gaza, Israel, Rafah

☆ US not anticipating Israeli forces to enter Rafah at the start of Ramadan
▼ + stars: | 2024-03-10 | by ( Mj Lee | Alex Marquardt | ) edition.cnn.com time to read: +4 min

CNN —The Biden administration is not anticipating that Israeli forces will imminently expand their military operations into Rafah, two US officials told CNN, with the holy month of Ramadan set to begin Monday for most Muslims. Prime Minister Benjamin Netanyahu has said that regardless of a deal, he plans to send the military into Rafah. “Once we begin the intense action of eradicating the Hamas terrorist battalions in Rafah, it’s a matter of weeks, if not months. Families are already living with severe shortages of food, water, medicine and shelter, and the daily risk of being killed. CIA Director Bill Burns, who has led US efforts, was back in the Middle East last week meeting with Qatari, Egyptian and Israeli counterparts.

Persons: CNN —, Biden, Benny Gantz, Ramadan, Benjamin Netanyahu, “ We’ll, We’re, ” Netanyahu, Axel Springer, “, Joe Biden, ” Biden, Netanyahu, ”, Bill Burns, –, John Kirby, CNN’s Mitchell McCluskey, Michelle Shen Organizations: CNN, Hamas, MSNBC, Politico, United Nations, CIA, Biden White, National Security, House Locations: Rafah, Washington, Gaza, “, it’s, Israel

“What we are in now is a production war,” a senior NATO official told CNN. “The number one issue that we’re watching right now is the munitions,” the NATO official said. There is also a limit to Russian production capacity, officials say: Russian factories will likely hit a peak sometime in the next year. “If we were talking about this last fall, we would have talked about how they were targeting critical infrastructure,” the NATO official said. “In the short term — say, the next 18 months or so — it may be unsophisticated, but it’s a durable economy,” the NATO official said.

Persons: ”, Abrams, “, — “, Joe Biden, Inna Varenytsia, it’s, Putin’s, Steven Basham, “ It’s, Maxym, Russia’s ‘, Basham Organizations: CNN, Army, NATO, ”, Reuters, Ukraine, European Command, US Army, ” Intelligence, US European Command, Pentagon Locations: Russia, Europe, Ukraine, Kyiv, Ukrainian, Avdiivka, that’s, Iran, North Korea, Kreminna, Germany, Pennsylvania , Iowa, Texas, Moscow, Tehran, Bohorodychne, Donetsk, Russian

Smoke billows above the Lebanese village of Bint Jbeil during Israeli bombardment on February 28. “We are operating in the assumption that an Israeli military operation is in the coming months,” one senior Biden administration official said. An Israeli military operation is a distinct possibility.”The leadership of Hezbollah, a powerful Iran-backed paramilitary group, has expressed support for Palestinians and condemned Israel’s offensive in Gaza. There have been months of daily, deadly cross-border strikes by both Israel and Hezbollah that have displaced tens of thousands of Lebanese and Israeli residents from their homes. That deal would likely postpone an Israeli incursion, US officials believe.

Persons: Bint Jbeil, Jalaa Marey, Biden, ”, “ Organizations: Getty, Biden, Hezbollah Locations: Lebanese, AFP, Israel, Lebanon, Israeli, Iran, Gaza

☆ Concern rising among Biden officials that Israel is planning incursion into Lebanon
▼ + stars: | 2024-02-29 | by ( Alex Marquardt | ) edition.cnn.com time to read: +9 min

“We are operating in the assumption that an Israeli military operation is in the coming months,” one senior Biden administration official said. That deal would likely postpone an Israeli incursion, US officials believe. “Some Israeli officials suggest that it is more of an effort at creating a threat that they can utilize. A second senior Biden administration official said there are elements inside the Israeli government and military in favor of an incursion. Benjamin Netanyahu Ariel Tagar/USA Today“Once the war is over, his expiration date arrives,” the first senior administration official said.

Persons: Biden, ”, “, let’s, Let’s, ’, Israel, Herzi, Amos Hochstein, Amos Hochstein Michael Brochstein, Amos, Hochstein, Yoav Gallant, It’s, ” Gallant, Ziv, Jalaa Marey, Benjamin Netanyahu, Benjamin Netanyahu Ariel Tagar Organizations: CNN, Biden, “, Israel, US, Getty, Lebanese Armed Forces, United Nations, UNIFIL, Bibi Locations: Israel, Lebanon, Israeli, Gaza, “, Washington, The State, Beirut, Baalbek, Israel's, Safed, AFP, ” Israel, Golan

☆ Prague, Budapest Hold up EU Move to Sanction Violent Israeli Settlers
▼ + stars: | 2024-02-09 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +3 min

EU foreign policy chief Josep Borrell said in December he would propose similar measures. The EU has not spelled out what the sanctions would entail but officials have said they would include bans on travel to the EU. The EU has already imposed sanctions on Hamas following the Oct. 7 attacks and diplomats say more are in the pipeline. Hungarian Foreign Minister Peter Szijjarto said on Wednesday now was "definitely not the time" to sanction Israeli settlers, state news agency MTI reported. (Additonal reporting by Jan Lopatka in Prague and Boldizsar Gyori in Budapest; Editing by Nick Macfie)

Persons: Andrew Gray, John Irish, Josep Borrell, Israel, Peter Szijjarto, MTI, Jan Lipavsky, Jan Lopatka, Boldizsar, Nick Macfie Organizations: West Bank, West Bank ., EU Locations: John Irish BRUSSELS, PARIS, EU, Hungary, Czech Republic, Israel, Palestinian, Gaza, United States, Britain, Budapest, Czech, France, Prague

☆ It's 'way too early' to be a buyer of Chinese or Hong Kong stocks right now, strategist says
▼ + stars: | 2024-02-06 | 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 EmailIt's 'way too early' to be a buyer of Chinese or Hong Kong stocks right now, strategist saysSean Yokota, head of Asia strategy at SEB, says "you do need to see the Fed signaling that interest rate cuts are coming imminently."

Persons: Sean Yokota, SEB Locations: Hong Kong, Asia

And there’s a good chance that all three legal dramas see major movement next week. New York Attorney General Letitia James is seeking a staggering $370 million penalty from Trump. Trump is already siphoning a portion of his political donations to pay legal fees associated with the 91 criminal charges filed against him in four indictments. In 2023 alone, The New York Times reported , Trump spent roughly $50 million in donor money on legal bills and investigation-related expenses. The Best Cartoons on Donald Trump View All 280 ImagesIn December, the Colorado Supreme Court found Trump ineligible to hold office under the 14th Amendment of the Constitution.

Persons: Donald Trump, Judge Arthur Engoron, Trump, Engoron, Letitia James, E, Jean Caroll ., United States ”, “, –, ” Trump, Mitch McConnell, impeaching Trump Organizations: New York, Trump, Republican, New York Times, Donald Trump View, Colorado Supreme, United, Amicus, New, U.S ., Appeals, Circuit, Capitol, Justice Department, Republicans Locations: Washington, Colorado, United States, New York

ROME (AP) — José Mourinho is leaving Roma “with immediate effect,” the club announced Tuesday — ending an at times successful but also turbulent stay in the Italian capital for the veteran coach. Mourinho was in his third season at Roma and his contract was due to expire in June. He led the Giallorossi to the UEFA Conference League title in his first season and Roma was a Europa League finalist last season. “AS Roma can confirm that José Mourinho and his coaching staff will leave the club with immediate effect,” the club said in a statement. “Arrivederci, Roma,” Mourinho said on X, the social media platform formerly known as Twitter, next to a photo of him carrying the Conference League trophy.

Persons: — José Mourinho, Roma, Mourinho, —, José Mourinho, ”, Dan, Ryan Friedkin, “, ” Roma, Daniele De Rossi, Antonio Conte, “ Arrivederci, ” Mourinho, Paulo Dybala, Lukaku, ___ Organizations: ROME, Roma, AC Milan, Serie, League, Lazio, Italian, UEFA Conference League, Europa League, UEFA, Sevilla, Milan, “ AS Roma, AS Roma, ”, Twitter, Conference League, Porto, Inter Milan, Manchester United, Chelsea, Real, Stadio Olimpico Locations: Saudi Arabia, Roma, Real Madrid, Portuguese

☆ Hundreds of earthquakes cause volcano to erupt on the outskirts of an Icelandic fishing town
▼ + stars: | 2024-01-14 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Hundreds of earthquakes opened a fissure sending lava flowing toward the town of Grindavík. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Icelandic volcano erupted in the early hours of Sunday morning, billowing smoke and sending flowing lava toward a small fishing town. A new volcanic eruption began in the early morning just north of Grindavík. People watch the billowing smoke during the volcanic eruption north of the Icelandic town of Grindavik.

Persons: —, Guðni Jóhannesson, @RuvEnglish, 9mlOiMohC4, SERGEI GAPON, Leosson Organizations: Service, Icelandic Met, Coast Locations: Grindavík, Iceland, Reykjavik, Grindavik

☆ Dollar gains before inflation data, bitcoin slips
▼ + stars: | 2024-01-09 | by ( ) www.cnbc.com time to read: +3 min

The dollar rose against the euro and yen on Tuesday as traders awaited inflation data on Thursday for clues on when the Federal Reserve is likely to cut rates. But Fed expectations are likely to continue to drive dollar moves. The release on Thursday of the consumer price inflation report for December will be the main piece of economic data this week. If the data confirms that inflation is continuing to moderate it could boost expectations for a March rate cut, though if it comes in above expectations it could also reverse some of that pricing. The U.S. dollar index , which measures the greenback against a basket of six currencies, was last up 0.33% at 102.55.

Persons: Bipan Rai, Kamal Sharma, steepening, Sharma Organizations: Federal Reserve, Securities and Exchange, CIBC Capital Markets, Bank of America, Fed, U.S, Bank of Japan, Investment Locations: North American, Toronto, U.S, Asia, Bitcoin

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