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☆ Biden’s trade chief walks back comments contradicting Biden on tariffs and inflation
▼ + stars: | 2024-05-16 | by ( Matt Egan | Kayla Tausche | ) edition.cnn.com time to read: +8 min

Research shows that former President Donald Trump’s tariffs on China did indeed raise prices on consumers and businesses — despite his claims otherwise. The study found tariffs imposed by former President Donald Trump did not meaningfully contribute to inflation. “The new Biden tariffs, like the more extensive ones that Trump has promised, will worsen US inflation. It is fair to debate how much the Biden tariffs will impact inflation because they are not nearly as widespread as what Trump imposed and what Trump is promising if he’s reelected. Trump enacted sweeping tariffs on $300 billion in Chinese imports, setting off a trade war between the world’s two biggest economies.

Persons: Katherine Tai, Joe Biden’s, ” Tai, —, Donald Trump’s, Tai, Angela Perez, Donald Trump, Goldman Sachs, Tai’s, “ Trump, ” Biden, “, Alex Durante, Tai’s “, Maury Obstfeld, Biden, ”, Trump, he’s, ” Perez, White, Morgan, Daleep Singh, Jen Psaki, Jared Polis, ” Polis, Ed Mills, Raymond James, David Kelly, ” Kelly Organizations: New, New York CNN, US, White, Research, CNN, US International Trade Commission, “, China, Tax, Obama, Peterson Institute for International Economics, Biden, Atlantic Council, Bretton, Committee, ”, Colorado Gov, Republicans, Asset Management Locations: New York, China, Ukraine, EVs, Europe

☆ What Biden’s tariffs on Chinese imports may mean for American jobs, the economy and inflation
▼ + stars: | 2024-05-14 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Biden’s tariff plan likely won’t move the needle for monetary policy, said Ryan Sweet, chief US economist at Oxford Economics. “Consumers and producers often pay higher prices when tariffs are implemented.”That’s because tariffs tax imports when they come ashore, adding costs for US distributors, retailers and, ultimately, consumers. Worse, some businesses appeared to take advantage of the trade war by bumping up prices even higher. Container shipping imports from China to Mexico rocketed higher by 60% in January and 34% for the first quarter, Xeneta data shows. “It’s obvious that imports to this extent are not only for domestic purposes in Mexico,” he said.

Persons: Biden, Joe Brusuelas, Donald Trump’s, Trump, —, Ryan Sweet, ” Sweet, Sweet, George W, Bush, Barack Obama, Goldman Sachs, ”, Wells, Nicole Cervi, “ There’s, ” Cervi, Peter Sand, “, Sand, “ It’s Organizations: CNN, RSM US, stoke, Oxford Economics, Biden, Peterson Institute for International Economics, Trump, Federal, “, US International Trade Commission, New, New York Fed, National Bureau of Economic Research, Republican, ramped, Container Locations: China, New York, “, South Korea, Singapore, Taiwan, Vietnam, Wells, Mexico

☆ Another subdued day for stocks. Here's our latest thinking on 4 portfolio names including a 'coiled spring'
▼ + stars: | 2024-05-14 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 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. The Club stock is trading around $328 per share Tuesday, so it's hardly been a steep pullback thus far. 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, Tuesday's, Jerome Powell, James Saccaro, Stanley Black, Decker, Jim Cramer's, Don Allan, Jim, Eaton, We'll Organizations: CNBC, Bank of, GE Healthcare, Eaton Corp, Nvidia, Costco, Walmart, Target, Amazon, Jim Cramer's Charitable Locations: Amsterdam, U.S, China, Europe, America

☆ India’s time zone: Why the world’s most populous country has a unique one
▼ + stars: | 2024-05-09 | by ( Dhruv Tikekar | ) edition.cnn.com time to read: +8 min

India’s half-hour zone dates back to colonial rule of India and the era when ever-faster steamships and trains were shrinking the world. The start of the 20th century saw some push from scientific associations to calibrate India’s time to GMT. That recommendation was rejected by the colonial government, which opted for a unified time that sat squarely in the middle: five and a half hours ahead of GMT. In 2015, North Korea moved out of sync with South Korea by creating “Pyongyang Time,” putting the country eight and a half hours ahead of GMT instead of nine. India’s colonial-era time zone decision making, however, reflected a chorus of political, scientific and commercial voices both from within the government and outside of it, Gordon says.

Persons: Hulton, ”, Geoff Gordon, Gordon, “, it’s, Wong Maye, Hugo Chávez, Nicolas Maduro, Terry Gilliam, Rube Goldberg, Maulik Jagnani, Jagnani Organizations: CNN, East India Company, Hulton Deutsch, University of Amsterdam, Madras, Washington D.C, Greenwich Meridian, Greenwich Observatory, Meridian, Royal Society, Prime Meridian, Physical Laboratory, Tufts University, NPL Locations: New York, London, Tokyo, Iran, Myanmar, Australia, India, British, Madras, Chennai, “, Bombay, Kolkata, Washington, London ., Greenwich, North Korea, South Korea, Korea, Pyongyang, Brazil, ”, Greenwich , London, China, Assam, Arunachal Pradesh, Gujarat

☆ Wall Street Cruel Summer: Stock Market Crash, Inflation Ends Vacation
▼ + stars: | 2024-05-05 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

Inflation canceled that, and now it's almost certain that Wall Street's summer is canceled, too. That means Wall Street's fantasies of decamping to the Hamptons for the summer have shattered. You can see why this tug-of-war will keep Wall Street on its toes and off Georgica Beach. There is a certain set on Wall Street that does not get to "rosé all day" on Hamptons summer water when currencies trade that way. The simplicity that Wall Street hoped for is one of the few options that's no longer on the table.

Persons: —, Justin Simon, decamping, Jerome Powell, opportunistically, Jamie Dimon, Torsten Slok, Slok, Powell, we'd, David Lefkowitz, dory, McDonald's, Silas Myers, Wall, Zuck, Simon, they're, it's Organizations: Federal Reserve, Jasper Capital, Nasdaq, Hamptons, JPMorgan, Fed, Pepsi, Mar Vista Investments, Wall, Nvidia, Tesla, Microsoft, Meta, Apple, EU Locations: Georgica, Japan

☆ The stock market is primed for a short-term bounce, but correction still not over
▼ + stars: | 2024-04-22 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

The stock market is poised for a short-term bounce, but technical analysts who watch price charts warn that the correction is not yet over. The technician said he anticipates support for stocks — the point at which buyers will reemerge — between 4,700-4,800 in the S & P 500. .SPX YTD mountain S & P 500 To be sure, some observers anticipate a more durable stock market rally, rather than a mere bounce. He anticipates that the S & P 500 could find support down at 4,800 and may not find a true bottom for several weeks. But he anticipates that the selloff will take longer to play out, with a pullback bringing the S & P 500 back to 4,700.

Persons: JC O'Hara, Roth MKM, O'Hara, Tom Lee, Lee, CNBC's, Oppenheimer's Ari Wald, Wald, we've, BTIG's Jonathan Krinsky, Krinsky, Wolfe's Rob Ginsberg Organizations: Stocks, Federal Reserve

☆ Russia-linked hacking group claims to have targeted Indiana water plant
▼ + stars: | 2024-04-22 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —Hackers targeted a wastewater treatment plant in Indiana on Friday evening, prompting plant managers to send maintenance personnel to investigate the suspicious activity, a local official told CNN. A Russia-linked hacking group claimed responsibility. The same group claimed credit for a string of hacking incidents against water facilities in Texas earlier this year. On Saturday, Russian-speaking hackers posted a video to social media claiming credit for a cyberattack on a TMU wastewater treatment plant. It’s the latest apparent effort by a group of Russian-speaking hackers to target water facilities in small American towns.

Persons: “, Jim Ankrum, “ TMU, ” Ankrum, Ankrum, Department of Homeland Security’s, Jake Sullivan, Mandiant, Ron Fabela, ” Fabela Organizations: CNN, Tipton Municipal Utilities, Tipton, Department of Homeland, Infrastructure Security Agency, US, Telegram, Infinity Squared Locations: Indiana, Russia, Texas, Tipton Municipal, Indianapolis, Muleshoe , Texas, United States, Tipton

☆ We're making a small buy of this troubled cosmetics firm and upgrading our rating on the stock
▼ + stars: | 2024-04-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Shortly after the opening bell, we will be buying 50 shares of Estee Lauder at roughly $139. Following the trade, Jim Cramer's Charitable Trust will own 475 shares of EL, increasing its weighting to 2.1% from 1.9%. We're making a small buy in Estee Lauder and upgrading our rating to a 1. That's why we took notice Thursday when analysts at Deutsche Bank made a bullish call on Estee Lauder. As a reminder, Estee Lauder expects this plan will increase operating profit by $1.1 billion to $1.4 billion.

Persons: Estee Lauder, Jim Cramer's, Fabrizio Freda, We've, Freda, Deutsche Banks, Jim Cramer, Jim Organizations: Deutsche Bank, CNBC Locations: Estee Lauder, China, United States

☆ With the market oversold, we're buying a geopolitical hedge and an unfairly punished beer stock
▼ + stars: | 2024-04-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We are buying 300 shares of Coterra Energy at roughly $26.85 and 25 shares of Constellation Brands at roughly $255.56. The stock climbed 1.3%, to $268.35 per share from roughly $265, after reporting an earnings beat with an upbeat full-year outlook on Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer's, Sands, Jim Cramer, Jim Organizations: Coterra Energy, Constellation Brands, CTRA, STZ, CNBC

☆ How Trump’s tariff plans could kill jobs and worsen inflation
▼ + stars: | 2024-04-11 | by ( Matt Egan | ) edition.cnn.com time to read: +10 min

Trump has floated a 10% across-the-board tariff on imports, a 60% tariff on imports from China and a 100% tariff on foreign cars – including from Mexico. Trump’s proposals, if enacted, could easily set off a new trade war with China and potentially other nations, too. Some economists are warning Trump’s trade agenda and the ensuing retaliation from trading partners would hurt the US economy by worsening inflation, killing jobs, depressing growth and spooking investors. It’s hard to say exactly because there is a lot of uncertainty over how much of Trump’s proposed agenda would actually be enacted. That’s because tariffs tax imports when they come ashore, adding costs for US distributors, retailers and, ultimately consumers.

Persons: he’s, Donald Trump, Trump, ” Alex Durante, Trump’s, ”, Mark Zandi, Goldman Sachs, ” Goldman Sachs, Jan Hatzius, ” Goldman, Janet Yellen, Joe Biden’s, Karoline Leavitt, ” “, ” Leavitt, “, Biden, “ Donald Trump, ” Biden, James Singer, Biden’s, That’s, Durante, Joe Brusuelas, don’t, ” Brusuelas, Brusuelas, Liz, Maury Obstfeld, Obstfeld, Obama, ” Durante Organizations: New, New York CNN —, Tax Foundation, CNN, Trump, China, Bureau of Labor Statistics, Federal Reserve, RSM, Target, Walmart, Peterson Institute for International Economics, International Monetary Fund, US International Trade Commission, “, Obama Locations: New York, China, Mexico, Beijing, United States

☆ Images of Malaysian wild cats you’ve probably never heard of
▼ + stars: | 2024-04-01 | by ( Nell Lewis | ) edition.cnn.com time to read: +5 min

It is most famous for its tiger population, but eight other species of wild cats also roam, such as the clouded leopard, the bay cat, and the flat-headed cat. Sebastian Kennerknecht/PantheraThese wild cats are notoriously elusive and, besides the tiger, understudied. Despite this, almost all Malaysia’s cat species are classified as endangered, vulnerable or near threatened, due to habitat loss, poaching and climate change. Roshan Guharajan, project coordinator for Panthera Malaysia, focuses on the Malaysian region of the island of Borneo, which is home to five species of wild cat. By monitoring the different species, Panthera is hoping to gather information on population sizes, range estimates and the threats that they face.

Persons: Sebastian Kennerknecht, Roshan Guharajan, ”, Guharajan Organizations: CNN, Malayan, IUCN, Malaysia, Global Forest Watch Locations: Sabah, Borneo, Malaysian, Malaysian Borneo, Malaysia, Asia

☆ 3 ways Apple’s monopoly lawsuit could change the iPhone experience for fans
▼ + stars: | 2024-03-26 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

Apple added that the lawsuit could empower the government “to take a heavy hand in designing people’s technology.”But if successful, the lawsuit could ripple across Apple’s products and services. Anna Moneymaker/Getty ImagesChanges to the App StoreIf found liable, the company could be forced to change a number of things. One such change is how iPhone users could get greater access to “super apps” that have been largely restricted before. More open servicesAnother likely change is how hardware from other companies, such as smartwatches, will interact with the Apple range of devices and software, including the iPhone and Apple’s services like Fitness+. But Apple’s success stems in part to its tight grip on its products and services, keeping things intuitive and seamless.

Persons: Biden, Apple, here’s, General Merrick Garland, Anna Moneymaker, Dipanjan Chatterjee, Forrester, ”, Chatterjee, it’s, David McQueen, ” McQueen, ” Chatterjee Organizations: CNN, Apple, Department of Justice, ”, Apple Watch, ABI Research Locations: Washington ,, innovating

☆ See the pitch deck that helped a former Goldman Sachs exec raise $5 million for an AI-powered networking startup that feeds deal ideas to bankers
▼ + stars: | 2024-03-22 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Doctor, then a Goldman Sachs managing director who ran the bank-solutions group based in Hong Kong, was visiting the bank's London office. The AI startup was built to suggest potential deals based on the data it's exposed to. Louisa AI knows that a current Goldman employee used to work at the semiconductor company, and the AI knows a project-finance employee in New York. In an article about solar panels, Louisa AI would link the words "solar panels" to "solar" and then to "renewables." Here's the pitch deck Louisa AI used to raise $5 million to fund its AI-powered deal prompter.

Persons: Rohan Doctor, Goldman Sachs, Doctor, Jim Esposito, Louisa AI, Louisa, Janet Yellen Organizations: Business, Blue9, Insight Partners, Goldman, Oxford Locations: Hong Kong, London, Asia, Oxford, Canada, Here's, Taiwan, New York

☆ 'Find growth': Strategist tells investors not to worry about high stock valuations
▼ + stars: | 2024-03-18 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

Investors should disregard concerns over high valuations and focus on growth in what is now a "stockpicker's market," according to Matt Orton, chief market strategist at Raymond James Investment Management. The S&P 500 closed out a two-week losing streak on Friday, but Orton told CNBC that stock market gains are broadening and brief pullbacks should be used "opportunistically." Much of the significant rally over the last 18 months has been driven by the so-called "Magnificent 7" megacap tech stocks, but they have begun to diverge. "We're back to a stockpicker's market – idiosyncratic risk is finally being rewarded again and that, to me, is most important. It means that you have the opportunity to diversify your portfolio and actually lean into what works and lean out of what's not," Orton told CNBC's "Squawk Box Europe" on Monday.

Persons: Matt Orton, Orton, Tesla, CNBC's Organizations: Raymond James Investment Management, CNBC, Apple, Microsoft, Nvidia

☆ Red Sea supply chain inflation may be peaking already, new trade data suggests
▼ + stars: | 2024-01-31 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

It tells CNBC that rates on ocean routes from Asia to Europe and the Mediterranean are beginning to decline, but for U.S.-bound trade, prices are still climbing. Rates for cargo headed to the U.S. are still risingBut for U.S companies, while some have negotiating leverage, shipping rates are not seeing any reprieve. According to Sand, rates for the trade route from the Far East to the U.S. East Coast are still heading higher. "Everyone is accusing everyone at the moment, which is normal during situations when there is so much uncertainty in the market," Sand said. "Ocean freight carriers did not invent this crisis and it takes time for them to put in new shipping networks to deal with the disruption caused by diverting away from the Suez Canal."

Persons: February's GRIs, Emily Stausbøll, Peter Sand, Sand Organizations: CNBC, Logistics, U.S . Locations: Xeneta, Asia, Europe, North Europe, Sand, U.S . East Coast, Suez

☆ Taiwan's political disrupter could be kingmaker in a split parliament. Here's why it matters
▼ + stars: | 2024-01-26 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

Taiwan People's Party (TPP) presidential candidate Ko Wen-je speaks during an interview in New Taipei City on December 12, 2023. He urged his disappointed young supporters, some of them crying, not to give up, and framed himself as a one-man social movement crusading for political change. Since this social movement has not fully materialized, let's keep working hard," the former Taipei City Mayor told supporters in Mandarin. That kind of populist messaging appeals to people who feel like Taiwan's current economic and political system is not benefiting them. Taiwan's young and restlessIn any case, Taiwan's two major parties now face a battle to cater to younger voters that could come at the expense of older votes or a focus on broader strategic interests.

Persons: Ko Wen, Cheng, we'll, Ko, let's, Wei, Ting Yen, Sara Newland, Taiwan's, Newland, Lai Ching, Taiwan People's Party —, —, Yuan, Beijing's, Tsai Ing, Annice Lyn, Xi Jinping, Lily, Hwa CHENG, HWA CHENG, Ho Organizations: Taiwan People's Party, AFP, Getty, TAIPEI, Taipei City Mayor, Democratic Progressive Party, Kuomintang, Franklin, Marshall College, CNBC, Sara Newland Smith, Ko's, Taipei, KMT, Smith College, National Taiwan University, Democratic, Chinese Communist Party, HWA, Afp, Sunflower Movement Locations: Taiwan, New Taipei City, China, Taipei, Xinzhuang, AFP

☆ The S&P 500 tops a record high that ‘clears the charts’ of resistance ahead of a week of earnings, inflation data
▼ + stars: | 2024-01-19 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

The S & P 500 rallied more than 1% on Friday, above both its closing and intraday records that it last reached in January 2022. "Meaning that when a major index like the S & P 500, like the Nasdaq 100, reaches a new all time high, what it does is, it clears the charts of resistance." For 2024, Wald anticipates the S & P 500 will end the year at the 5,400 level, representing a roughly 12% rise from Friday's close of 4,839.81. Inflation data, earnings ahead Next week will also bring the Fed's preferred inflation gauge for December, which is expected to confirm the recent trend of easing inflation. Leading Indicators Tuesday Jan. 23 10 a.m. Richmond Fed Index (January) Earnings: General Electric , Synchrony Financial , D.R.

Persons: it's, Katie Stockton, we've, Oppenheimer's Ari Wald, Wald, Dow Jones, That's, Dave Sekera, Sekera, Jan, Johnson, Lockheed Martin, Lockheed Martin Wednesday Jan, Kimberly, Clark, Northrop Organizations: Fed, Nasdaq, Morningstar Research Services, Richmond Fed, Synchrony, Raytheon Technologies, Verizon Communications, Halliburton, Johnson, Procter, Gamble, Lockheed, Lockheed Martin Wednesday, PMI, SA, PMI Manufacturing SA, PMI Services SA, Abbott Laboratories, Chicago, New, . Kansas City Fed Manufacturing, Northrop Grumman, Southwest Airlines, American Airlines, Comcast, PCE, Norfolk, American, CNBC Locations: Stockton, U.S, Horton, Freeport, McMoRan, . Kansas

☆ December's 'best-in-class' stocks include this obesity beneficiary, Wall Street analysts say
▼ + stars: | 2023-12-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

An obesity beneficiary and a snack foods company are just a few of the top stocks to buy in December, analysts said this week. Wall Street research firms named a slew of companies that they believe have upside heading into the years end. Obin said the company has a "preponderance" of margin tailwinds for 2024, including "differentiated auto exposure, underappreciated margin expansion opportunities, and best-in-class execution." "We are including BUY-rated EL in our research team's Best-of-Breed Bison initiative, which focuses on long-term best-in-class companies with sustainable competitive moats," analyst Linda Bolton Weiser said earlier this week. Estee Lauder — DA Davidson, buy rating "We are including BUY-rated EL in our research team's Best-of-Breed Bison initiative, which focuses on long-term best-in-class companies with sustainable competitive moats.

Persons: Estee Lauder, Gracell Biotechnologies, Eli Lilly, Andrew Obin, Obin, it's, Nik Modi, Modi, MDLZ, Mondelez, LSEG, Estee Lauder DA Davidson, Linda Bolton Weiser, Bolton Weiser, Gracell, Eli Lilly — Morgan Stanley, Estee Lauder —, Davidson Organizations: CNBC, ITT, Gracell, Bank of America, RBC, ISI, pharma, ITT — Bank of America

☆ Media Matters: Elon Musk’s X sues media watchdog over report on pro-Nazi content on the social media site
▼ + stars: | 2023-11-20 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +6 min

The lawsuit filed Monday accuses Media Matters of distorting how likely it is for ads to appear beside extremist content on X, alleging that the group’s testing methodology was not representative of how real users experience the site. “Media Matters designed both these images and its resulting media strategy to drive advertisers from the platform and destroy X Corp.”The lawsuit simultaneously names Media Matters and Eric Hananoki, its senior investigative reporter, as defendants. It calls for a judicial order forcing Media Matters to remove its analysis from its website and accuses Media Matters of interfering with X’s contracts with advertisers, of disrupting their economic relationships and of unlawfully disparaging X. In a statement Monday evening, Media Matters President Angelo Carusone vowed to defend the group against the suit. “Media Matters stands behind its reporting and looks forward to winning in court.”On Monday evening, X CEO Linda Yaccarino chimed in defending the social media site.

Persons: Elon Musk, Eric Hananoki, Angelo Carusone, ” Carusone, ”, Linda Yaccarino chimed, I’m, ” Yaccarino, “, Ken Paxton, Musk, ” Musk, opportunistically, that’s, Steve Vladeck, Joan Donovan, ” Ken White, “ X, ” White, White, Mark Pittman, Donald Trump, Pittman, Joe Biden’s, Jon Passantino, Dan Berman Organizations: CNN, Media, “ Media, X Corp, Court, Northern, Northern District of, “, Whites, Disney, Paramount, Warner Bros, Northern District of Texas, University of Texas, Boston University, YouTube, of Columbia Locations: Northern District, Northern District of Texas, Texas, Los Angeles, California

☆ Mortgage rates fall for third straight week, bringing some homeseekers off the sidelines
▼ + stars: | 2023-11-16 | by ( Anna Bahney | ) edition.cnn.com time to read: +5 min

Mortgage rates have cooled in recent weeks as markets absorbed the latest economic indicators, including an improving inflation picture. “For the third straight week, mortgage rates trended down, as new data indicates that inflationary pressures are receding,” said Sam Khater, Freddie Mac’s chief economist. When Treasury yields go up, so do mortgage rates; when they go down, mortgage rates tend to follow. “The gap between the 10-year Treasury yield and the 30-year fixed rate mortgage rate is historically around 180 basis points,” she said. “While the gap has narrowed somewhat, the 30-year mortgage rate remains 280 basis points higher than the bond yield.”By historical norms, she said, mortgage rates should be under 6.5%.

Persons: Freddie Mac, ”, Sam Khater, Freddie Mac’s, Price, Jiayi Xu, Jerome, Powell, ” Xu, Bob Broeksmit, Lawrence Yun, ” Yun, “, Lisa Sturtevant, ” Sturtevant Organizations: DC CNN —, Mortgage, Association, Federal Reserve, Treasury, Consumer, “, National Association of Realtors, Bright MLS Locations: Washington

☆ What we're watching when off-price retailer TJX reports this week
▼ + stars: | 2023-11-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

When TJX Companies (TJX) reports quarterly results this week, we expect the off-price retailer to demonstrate continued momentum on both its top and bottom lines, helped by consumers looking for solid deals in an uncertain economic environment. And we're confident management can deliver a further expansion of gross margins as wary American consumers look for value at TJX's popular off-price chains. "Traffic remains the primary driver for comp in off-price," Barclays said in a recent research note previewing earnings for TJX and peers Ross Stores (ROSS) and Burlington Stores (BURL). Higher profits In addition to delivering higher sales, TJX continues to show improved profitability — a trend we expect to accelerate when the company reports on Wednesday. At the same time, according to Telsey, TJX faces headwinds from incremental store wage and payroll costs.

Persons: TJX, Ross, ROSS, Dana Telsey, Telsey, TJX's, Jim Cramer's, Jim Cramer, Jim, TJ Maxx, Prince George's, Chip Somodevilla Organizations: TJX, Marshalls, LSEG, Barclays, Burlington Stores, Telsey Advisory, CNBC, Shoppers, TJ, Getty Locations: Maxx, TJX, Telsey, Prince, Hyattsville , Maryland

Cheetahs are usually daytime hunters, but the speedy big cats will shift their activity toward dawn and dusk hours during warmer weather, a new study finds. While cheetahs only eat fresh meat, lions and leopards will sometimes opportunistically scavenge from smaller predators. But the new study found that on the hottest days, when maximum daily temperatures soared to nearly 45 degrees Celsius (113 degrees Fahrenheit), cheetahs became more nocturnal — increasing their overlapping hunting hours with rival big cats by 16%. In addition to competition with lions and leopards, cheetahs already face severe pressure from habitat fragmentation and conflict with humans. The fastest land animal, cheetahs are the rarest big cat in Africa, with fewer than 7,000 left in the wild.

Persons: ”, Briana Abrahms, Bettina Wachter, Wachter, Kasim Rafiq, Rafiq —, it's Organizations: Cheetahs, Royal Society, University of Washington, “, Cheetah Research, Leibniz Institute for Zoo, Wildlife Research, Botswana Predator Conservation, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: “ Lions, Namibia, Botswana, Africa, Zambia

☆ 'From the river to the sea:' What to know about the pro-Palestine slogan that's roiling American politics right now
▼ + stars: | 2023-11-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

Rep. Rashida Tlaib is facing condemnation for endorsing the phrase "from the river to the sea." Here's what you should know about the current controversy over the slogan — as well as its origins and contemporary use. Towards the end of that video, a crowd of pro-Palestine protestors in Michigan can be heard chanting the slogan. In other words, the slogan did originate as a call for the dismantling of Israel as a Jewish state. All of it, from the [Mediterranean] Sea to the [Jordan] River, and we are not here to apologize for this."

Persons: —, Rashida, Tlaib, Joe Biden, Democrats —, Dana Nassel, Brad Schneider of, Tlaib's, Maha Nassar, Yasser Arafat, Nassar, Israel, Yousef Munayyer, Munayyer, It's, Benjamin Netanyahu's, Jordan Organizations: West Bank, Service, Palestine, Michigan Democrat, Twitter, Democrats, Jewish Democrat, Punchbowl News, Defamation League, American Jewish Committee, Palestinian, Palestine Liberation Organization, PLO, Likud Locations: Israel, Gaza, Palestine, Jordan, Michigan, American, Brad Schneider of Illinois, Palestinian, Algeria, Jerusalem

☆ Gold is testing the key $2,000 level. Why analysts are bullish and where they think it can go next
▼ + stars: | 2023-10-31 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Chart analysts are optimistic on the price of gold as the metal tests a ceiling that has previously capped gains. Spot gold has traded around the closely-watched $2,000 level in recent days for the first time since May. And, if previous highs can be surpassed, "we do think it's got some room to run here." That's based on analysis of previous movement in the gold chart to estimate how high the metal could go in the near term. Cappelleri, meanwhile, is first watching $2,180 after previous highs, based on a technical analysis of measured moves.

Persons: Thomas DiFazio, it's, Katie Stockton, Frank Cappelleri, Cappelleri, DiFazio, Mark Newton, Newton, It's Organizations: Bank of Japan Locations: Israel

☆ Jamie Dimon's stock-moving trades show why investors should track CEOs' buying and selling
▼ + stars: | 2023-10-28 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +24 min

While executive stock sales — such as Dimon's planned transactions next year — are not universally red flags, they can get complicated. Insider stock sales Executive stock trades are usually disclosed through SEC filings known as Form 4 documents and accessible through the regulator's EDGAR database — the electronic data gathering, analysis, and retrieval system. Rule 10b5-1 trading plans came into the fold just over two decades ago to reconcile these two discordant facts. Adopting Rule 10b5-1 trading plans gives public-company executives a way to protect against allegations of illegal insider trading in the future. Compared with a tiny stock sale executed through a predetermined plan, executive stock buys generally send a much stronger signal: The executive wants to make money, too.

Persons: Jamie Dimon, Dimon, Jim Cramer, Jim, Eliezer Fich, Dimon's, EDGAR, Chester Spatt, Spatt, —, Susan Li, Drexel's, Wharton, Drexel's Fich, Fich, I'm, Nancy Quan's, Quan, Marc Benioff, Carnegie Mellon's Spatt, Benioff, Howard Schultz, Schultz's, Schultz, Carnegie Mellon's, Nikesh Arora, Arora, Charles Scharf, Wells, Sehwa Kim, Kim, Foot, Mary Dillon, Locker, Dillon, Foot Locker, Jim Cramer's, Al Drago Organizations: JPMorgan Chase, JPMorgan, Dow Jones Industrial, Wall, Dimon, Pfizer, Capitol, Drexel University, Club, Securities, Exchange Commission, SEC, Carnegie Mellon's Tepper School of Business, CNBC, Stanford University, University of Pennsylvania's Wharton School, Stanford, Cola, Salesforce, Carnegie, Starbucks, Palo Alto Networks, Alto Networks, Broadcom, Federal Reserve, Washington Service, Columbia Business School, JPMorgan Chase &, Bloomberg, Getty Locations: U.S, Coke, Salesforce, FL

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