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Three years ago this month, Vice President Kamala Harris moved into her official residence in northwest Washington, a quiet 73-acre enclave where the U.S. Navy keeps an observatory as well as the nation’s master clock. Near the villa, the team had found something else: A brick foundation of a smokehouse used to cure meat. Ms. Harris did not have to be told who had used it. Well before moving to the new residence, the nation’s first Black vice president had been told by aides about the 34 individuals who once lived on the property against their will. A subsequent opinion essay for CQ Roll Call was the first mention of it in the news media.
Persons: Kamala Harris, Harris, Peter, Mary, Ellen Jenkins, Chapman, Sarah, Henry, Joseph, Louisa, Daniel, Eliza Toyer, Towley, Judah, Andrew Yates, Kitty, William, Gilbert, Phillip Silas, Susan, Dennis, Ann Maria, William Carroll, Becky, Milly, Margaret, Mortimer Briscoe, Richard Williams, Mary Young, John Thomas, Mary Brown, John Chapman, William Cyrus Organizations: U.S . Navy Locations: Washington
AUSTIN, Texas (AP) — Five races into NASCAR's 2024 season and Ford is in a funk. A Ford win in Austin would seem like a long shot in NASCAR's fourth run on a track built for Formula One. Photos You Should See View All 60 ImagesAnd while it’s still early, Ford drivers make up just three of the 16 available Cup playoff spots. Ford drivers point to some solid statistics, even if the major results are lacking. NASCAR vs F1The Circuit of the Americas is the only track used by NASCAR and F1, but the two racing series have vastly different styles.
Persons: Ryan Blaney, , Tyler Reddick, Shane van Gisbergen, Chase Elliott, it’s, Blaney, haven’t, , Chris Buescher, We’ve, we’ve, ” Buescher, Chase Briscoe, Stewart, Haas, we've, ” Briscoe, Briscoe, Ford, van Gisbergen, It’s, Reddick, COTA, there's, I've, ” Reddick, they’ve, FanDuel Organizations: Ford, NASCAR, Circuit, Formula One, Toyota, RFK Racing, Haas Racing, Fords, Blaney's, COTA Locations: AUSTIN, Texas, Atlanta, Austin, Victory, Americas
The BOJ will now look to utilize its short-term interest rate as its primary policy tool. It will employ an interest rate of 0.1% to current account balances held by financial institutions at the central bank from March 21, while encouraging the uncollateralized overnight call rate (another interest rate used as a policy lever by the bank) to remain at around 0 to 0.1% — effectively raising interest rates from -0.1% previously. It would resort to "nimble responses" in the form of increased Japan government bond purchases and fixed-rate purchases of JGBs, among other things, if there is a rapid rise in long-term interest rates. Japanese investors have looked elsewhere for better returns given years of artificially depressed interest rates in their home market. The Fed is due to announce its own interest rate decision on Wednesday.
Persons: Japan Alexander Spatari, Kazuo Ueda, Rob Carnell, BOJ, Ueda, Michael Brown, , JGBs, Vishnu Varathan, Hayden Briscoe, Briscoe Organizations: Japan's, Japan Inc, Asia, ING, CNBC, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial Group, Bank of America, Barclays, U.S . Federal, UBS Asset Management Locations: Dotonbori, Japan, Japan's, U.S, Mizuho's, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of Japan has to perform a bit of a balancing act, UBS Asset Management saysHayden Briscoe, head of Asia-Pacific multi-asset portfolio management at UBS Asset Management, discusses the direction of the Bank of Japan's monetary policy.
Persons: Hayden Briscoe Organizations: Email Bank of, UBS, Management, UBS Asset Management, Bank Locations: Email Bank of Japan, Asia, Pacific
Electric heat pumps are also more efficient at heating and cooling homes than systems powered by oil and propane. Heat pumps move hot and cold air from indoors to outdoors, rather than burn fuel, and can save the average US homeowner an estimated $500 a year. Cutting the up-front costs of buying and installing heat pumps is a key way to increase sales. "There's a lot of outdated information about heat pumps out there." AdvertisementMcIlwain said Maryland was working to put more information online, including a database of contractors, electricians, and manufacturers trained on heat pumps.
Persons: Maine —, Serena McIlwain, Joe Biden, Jay Apperson, Sage Briscoe, Emily Levin, McIlwain Organizations: Service, Wednesday, Business, Energy Information Administration, Maryland Department of, Heat, Management, Rewiring, Energy Department, state's Department of Locations: Maine, Maryland, California , Colorado , Maine , Massachusetts , New Jersey , New York , Oregon, Rhode, States, Rewiring America, Massachusetts, California, New York, Hawaii, New Mexico, Rewiring, NESCAUM
New York CNN —YouTube is implementing new safeguards that could help prevent the platform from sending teen users down potentially harmful content rabbit holes. The platform plans to limit repeated content recommendations for videos on certain topics, including content that idealizes certain body weights, James Beser, director of product management for YouTube Kids and Youth, said in a blog post Thursday. In 2021, lawmakers called out Instagram and YouTube for promoting accounts featuring content depicting extreme weight loss and dieting to young users. Earlier this year, YouTube rolled out changes to its policies on eating disorder content, adding prohibitions on certain types of videos on the topic and limiting others to be viewable by only adult users. The reminders will be set to pop up every hour as a default for teen users, although parents can update their frequency.
Persons: James Beser, ” Beser, ” Allison Briscoe, Smith, , YouTube’s, Organizations: New, New York CNN, YouTube, Families Locations: New York, United States
Wallace moved up three spots to ninth in the standings, still one below the cutoff line when this round is done. Byron finished 1.863 seconds ahead of Chastain for his sixth win of the season, the most in the Cup series. For the first time since Texas opened in 1997, the race wasn't scheduled for 501 miles, and was 100 miles shorter. He finished only 73 laps and was 34th in the 36-car field, dropping from sixth to 12th in the playoff standings. Blaney and Buescher finished second and third in that race that had 57 lead changes among 21 drivers.
Persons: — William Byron, Texas Motor Speedway, Bubba Wallace, Chase Briscoe, Byron, Wallace, Ross Chastain, Chastain, Kyle Larson, Wallace hadn't, Larson, Ryan Blaney, Tyler Reddick, Hendrick, Denny Hamlin, Joe Gibbs, Ty Gibbs, Chris Bueshcher, Christopher Bell, BUSCH, Kyle Busch, didn't, Richard Childress, , Something's, it's, ” Busch, Busch, Austin Dillon’s, Todd Gilliland, Ford, Blaney, Buescher Organizations: Texas Motor, NASCAR, Hendrick Motorsports, Texas, Chevrolet, Talladega, Richard Childress Racing Chevrolet, Talladega Superspeedway Locations: Texas, Charlotte
UBS Asset Mgmt: Start to look into China markets now
  + stars: | 2023-09-22 | 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 EmailUBS Asset Mgmt: Start to look into China markets on recovery green shoots and investor oversellingHayden Briscoe of UBS Asset Management discusses China's slow economic recovery and highlights the strength in China's EV industry on both internal demand pickup and export prospects.
Persons: overselling Hayden Briscoe Organizations: UBS, Management Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan: Food price inflation is another 'ingredient' on top of wage price inflation, UBS saysHayden Briscoe of UBS Asset Management discusses food price inflation in Asia-Pacific, particularly in Japan, and the outlook for the U.S. bond market.
Persons: Hayden Briscoe Organizations: Japan, UBS, Management Locations: Asia, Pacific, Japan
CNN —A Niger general, Abdourahamane Tiani, appeared on state television as the country’s new leader following a military coup that sparked international condemnation. Tiani said in the broadcast that Wednesday’s coup was motivated by both the desire to “preserve our homeland” in a context of a “deteriorating security situation,” and poor economic and social governance. French President Emmanuel Macron said Friday that the coup was “deeply dangerous for Niger and the whole region,” and called for Bazoum’s release. However, a senior official loyal to Bazoum has suggested there is discord among coup leaders. The aide spoke on condition of not being identified because of the security situation.
Persons: Abdourahamane Tiani, Tiani, , Mohamed Bazoum’s, Abdourahamane, ” Bazoum, Mahamadou Issoufou, insurgencies, Emmanuel Macron, Macron, , Catherine Colonna, Bazoum, , they’ve, United Nations Linda Thomas, Greenfield, Bazoum “, Moussa Faki Mahamat, Mahamat, General Antonio Guterres, Maj, Amadou Abdramane, ” Abdramane Organizations: CNN, African, AFP, Télé, Getty, Nigerien, Union, Bazoum, National Council for, ECOWAS, United Nations, African Union Commission, RIA Novosti, UN Locations: Niger, France, Télé Sahel, Sahel, AFP, Mali, Burkina Faso, United States, Papua New Guinea, Niamey
CNN —Paris plans to make the Seine the centerpiece of the 2024 Olympic Games, with long-term efforts to clean up the river allowing swimming events to take place in its waters. “At the Paris 2024 Games, the athletes will inaugurate swimming in the river with the Olympic events. A revival that will pave the way for aquatic leisure,” reads a statement from Paris city hall published July 10. An empty boat travels the River Seine during the technical test event last week for the Paris 2024 opening ceremony. This will allow open water swimming events, paratriathlon and triathlon events to take place by the Alexandre III bridge.
Persons: CNN —, Catherine Steenkeste, Nicolas Londinsky, Alexandre III, Bras de, Londinsky, , Anne Hidalgo, ” Hidalgo Organizations: CNN, Olympic Games, , Authorities, Bercy Locations: Seine, Paris, Bras Marie, Bras de Grenelle,
CNN —Over the ridge of the mountain, across the border was the promised land, the neutral territory Spain – an escape, a second chance, a future. During World War II, a perilous route through the Pyrenees mountains provided a means for hundreds of thousands of resistance fighters, civilians, Jews, allied soldiers and escaped prisoners of war to evade Nazi pursuers. Sitting down with them, Tim reflected on how this human drama played out against the backdrop of America’s role in bringing an end to World War II. Born July 9, 1923, he made his escape over the Pyrenees in July of 1944. Although Franco was sympathetic to Germany, Spain remained neutral during World War II, largely because of its dependence on US imports.
Persons: , Paul Williams, Richard Christenson, Ruth, Marie Janiszewski, Oliver Briscoe Formally, Luke Janiszewski, , , Kathryn, Marie, Luke, Jake, “ I’d, Tim, Christenson, Oliver Briscoe, Paul Broué, Broué, Guy Seris, ” Seris, Franco’s, Franco, Frank McNichol, Joseph McNichol, ” McNichol, ” Joseph McNichol, Joseph McNichol McNichol Organizations: CNN, SS, Freedom Trail Association, Joseph McNichol US Air Force, Floridian Locations: Spain, Nazi, France, Europe, France’s Ariege, Baltimore, England, French, Seix, Germany, Spanish, Isaba
CNN —A police investigation has been launched after a chopped finger was sent to the official residence of the French president, according to the Paris prosecutor’s office. The package delivered to the Elysee palace contained “a piece of a finger, a fingertip it seems,” the prosecutor’s office told CNN on Thursday. The fingertip is believed to belong to the sender, CNN affiliate BFMTV reported. The Elysee is the official home in Paris of French President Emmanuel Macron, who has held office since 2017. CNN has reached out to the Elysee for comment.
Persons: Emmanuel Macron Organizations: CNN, Paris, Thursday . Police, BFMTV, French, Elysee Locations: Paris
Paris/London CNN —France is to introduce a scheme that will subsidize repairs to clothing and shoes in order to cut waste and planet-heating pollution from the textile industry. “What I hope is that the French will become aware of what we can see, that is the impact of the textile industry across the world today,” she said. Tailors, clothes brands and repair shops can join the initiative for free via Refashion, which will collect a small “eco-contribution” on sales to cover the subsidy. Refashion will then arrange for the companies signed up to the scheme to be refunded within 15 days. The scheme follows a similar French initiative for white goods such as fridges and washing machines.
Persons: ” Couillard, , Refashion Organizations: London CNN — Locations: Paris, London, London CNN — France, France
Paris/London CNN —Just weeks after hugely disruptive protests and strikes over pension reforms in France finally died down, businesses in the country are grappling with the fallout from a week of rioting. The riots, which were sparked by the fatal shooting of a teenager by a police officer last Tuesday, have already caused more than €1 billion ($1.1 billion) worth of damage, according to a French business association, MEDEF. Protesters have looted 200 stores and destroyed 300 bank branches and 250 smaller corner shops, a MEDEF spokesperson told CNN. French President Emmanuel Macron said Tuesday that he believed the “peak” of the violence had passed, according to CNN affiliate BFMTV. Sebastien Salom-Gomis/AFP/Getty ImagesThe French government is also considering ways to help businesses most affected by the riots, BFMTV reported, citing Finance Minister Bruno Le Maire.
Persons: London CNN —, Merzouk, Emmanuel Macron, Macron, Sebastien Salom, BFMTV, Bruno Le Maire, Le Maire, DBRS Morningstar, MEDEF, Geoffroy Roux de Bezieux, — Niamh Kennedy Organizations: London CNN, MEDEF, CNN, , Getty, France Inter Locations: Paris, London, France, French, Nantes, AFP, Dublin
NEW YORK/LONDON, June 30 (Reuters) - A lackluster IPO market is showing signs of life as a flurry of deals in the United States and Europe raise hopes that a recovery may be in sight. With investors now predicting an end to the Federal Reserve's rate hikes later this year, optimism has resumed. This allowed thrift shop chain Savers Value Village (SVV.N) to raise $401 million in its New York IPO this week, more than it originally set out to. Investors continued to snap up its shares, with the stock closing up 27% on its first day of trading. EUROPE IPOS ON THE WAYIn Europe, three IPOs are on track to be completed by early July, but two of them have already had to moderate their valuation expectations.
Persons: Aloke Gupte, Tom Swerling, Paul Abrahimzadeh, Hidroelectrica, Fondul, WE Soda, Ferretti, Coty, Andrew Briscoe, David DiPietro, Rowe Price, Echo Wang, Pablo Mayo, Elisa Martinuzzi, Mark Potter Organizations: Investors, JPMorgan Chase &, CAB, Kodiak Gas Services, Fidelis Insurance Holdings, Barclays, North America, Citigroup, U.S, Heineken, General, GE Healthcare Technologies, Bank of, Pablo Mayo Cerquiero, Thomson Locations: United States, Europe, Ukraine, New York, London, Africa, Asia, Kodiak, Fidelis, Cava, EUROPE, Romanian, Hong Kong, Milan, East
The case, though framed as clash between free speech and gay rights, was the latest in a series of decisions in favor of religious people and groups, notably conservative Christians. A Colorado law forbids discrimination against gay people by businesses open to the public as well as statements announcing such discrimination. But when the Supreme Court agreed to hear the case, 303 Creative L.L.C. He was the author of every major Supreme Court decision protecting gay rights under the Constitution. But he was also the court’s most ardent defender of free speech.
Persons: Neil M, Gorsuch, Lorie Smith, Smith, Smith’s, Mary Beck Briscoe, Judge Briscoe, , ” Judge Briscoe, Timothy M, Tymkovich, George Orwell, ’ ”, , Anthony M, Kennedy, Justice Kennedy, Jack Phillips, Ruth Bader Ginsburg, Brett M, Kavanaugh, Amy Coney Barrett Organizations: Supreme, U.S ., Appeals, Circuit, Colorado Civil Rights Commission Locations: Colorado, Denver, “ Colorado
The case, though framed as clash between free speech and gay rights, was the latest in a series of decisions in favor of religious people and groups, notably conservative Christians. A Colorado law forbids discrimination against gay people by businesses open to the public as well as statements announcing such discrimination. But when the Supreme Court agreed to hear the case, 303 Creative L.L.C. He was the author of every major Supreme Court decision protecting gay rights under the Constitution. But he was also the court’s most ardent defender of free speech.
Persons: Neil M, Gorsuch, Lorie Smith, Smith, Smith’s, Mary Beck Briscoe, Judge Briscoe, , ” Judge Briscoe, Timothy M, Tymkovich, George Orwell, ’ ”, , Anthony M, Kennedy, Justice Kennedy, Jack Phillips, Ruth Bader Ginsburg, Brett M, Kavanaugh, Amy Coney Barrett Organizations: Supreme, U.S ., Appeals, Circuit, Colorado Civil Rights Commission Locations: Colorado, Denver, “ Colorado
Paris CNN —French authorities investigating the fatal police shooting of a teenager during a traffic stop near Paris on Tuesday have detained one officer, as clashes broke out overnight between law enforcement personnel and youth angered over the death. The police officer is in custody on suspicion of “culpable homicide,” following the incident at around 8:18 a.m. local time on Tuesday in the suburb of Nanterre, according to a statement from the local prosecutor’s officer. Three people were in the car, a Mercedes AMG, at the time of the incident, it said. The death of the 17-year-old was pronounced at 9:15 a.m. local time “following at least one gunshot wound” and despite the intervention of emergency medics, the Nanterre prosecutor’s office said. Earlier, Paris Police Chief Laurent Nunez told CNN affiliate BFMTV in an interview that the officer fired when the teenager refused to follow police instructions.
Persons: Paris CNN —, Mercedes, Gerald Darmanin, , Laurent Nunez, , Zakaria Abdelkafi, Nunez, CNews Organizations: Paris CNN, French, Twitter, Paris Police, CNN, BFMTV, Firefighters, Getty Locations: Paris, Nanterre, AFP, Nanterre Tuesday
For those fresh out of college and newer to the workforce, it can be challenging to figure out how to balance between managing looming student loan debt and saving for your future. And after a three-year pause, federal student loans will resume accruing interest on Sept. 1, with payments coming due in October. "It costs money to owe money. Ultimately, the sooner you can pay off your student debt — by making minimum payments and paying a little more each month if you can — the less you will pay overall. "Start taking a little bit of money away that will cover two months' worth of your student loan debt and a couple of months' rent," he says.
Persons: , Chris Briscoe, Gen Zers, Briscoe, Andrew Meadows, Meadows, Roth, Roth IRAs Organizations: Girard Advisory Services, CNBC, College, Savings Locations: United States
The research raises critical legal and ethical questions, and many countries, including the US, don’t have laws governing the creation or treatment of synthetic embryos. “Unlike human embryos arising from in vitro fertilization (IVF), where there is an established legal framework, there are currently no clear regulations governing stem cell derived models of human embryos. “I just wish to stress that they are not human embryos,” Zernicka-Goetz said. Right now, the synthetic model human embryos are confined to test tubes. “There is much work to be done to determine the similarities and differences between synthetic embryos and embryos that form from the union of an egg and a sperm.”
Persons: CNN —, ” James Briscoe, Francis Crick, Dr, Magdalena Zernicka, Goetz, Zernicka, , ” Zernicka, , haven’t, Sanjay Gupta, ” Roger Sturmey Organizations: CNN, Francis, Francis Crick Institute, International Society for, CalTech, University of Cambridge, The Guardian, CNN Health, University of Manchester Locations: United States, United Kingdom, Boston, Israel
CNN —A 24-year-old man has been hailed as a hero for chasing a man suspected of launching a knife rampage in Annecy, which left six people injured including four toddlers. Two young children are still in intensive care following Thursday’s knife attack in southeast France, when screams rippled through a playground in the small alpine town during the brutal assault. A 31-year-old Syrian asylum-seeker was detained shortly after in suspicion of carrying out the attack, French media and CNN affiliate BFMTV reported Thursday. People lay flowers near the scene at a lakeside park in Annecy, France, on Friday, after a knife attack left four children and two adults wounded. He is on a nine-month journey across the country to visit the most beautiful cathedrals of France, he told BFMTV.
Persons: BFMTV, Henri, ” “, Frenchman, , , ” Henri, Peter Byrne, Emmanuel Macron, Brigitte Macron, Benoit Lagneux, Olivier Veran, François Astorg, Brigitte, Veran, Macron Organizations: CNN, Getty, Reuters, France, Annecy Locations: Annecy, France, Grenoble, AFP, Geneva, hitchhike
CNN —Children were among six people injured Thursday in a knife attack in Annecy, in southeast France, triggering a wave of panic in the small alpine town. French police secure the area after several children and an adult were injured in Annecy. Denis Balibouse/ReutersFrench MPs hold a minute's silence after the knife attack in Annecy. Health Minister François Braun tweeted that his thoughts were with the victims of the knife attack. “All my thoughts go immediately to the people injured by an individual armed with a knife in Annecy, and to their loved ones,” Braun tweeted.
Persons: Elisabeth Borne, Gérald Darmanin, Ferdinand, , ” Ferdinand, , George, Denis Balibouse, Ludovic Marin, Emmanuel Macron, ” Macron, François Braun, ” Braun, François Astorg, Astorg Organizations: CNN, French, Interior, BFMTV, Reuters, Getty Images, Annecy . Children, Health, Aid Service, Annecy, Lawmakers, French National Assembly Locations: Annecy, France, Haute, Savoie, AFP
In 2022, New York City passed a law that imposed restrictions on short-term rentals. On Thursday, Airbnb, along with a trio of local hosts, sued New York City, filing two separate lawsuits in Manhattan's state court. The more properties are turned into short-term rentals, the fewer housing options are available for actual residents. This isn't the first time Airbnb has battled short-term rental rules, and the court's ruling may affect how lawmakers approach the issue. In 2020, the company agreed to settle a dispute with New York City over a 2018 law that attempted to curb the practice.
Persons: Airbnb, Karen Dunn, Dunn, Gia Briscoe, Eric Adams Organizations: Morning, New York City's, New Locations: New York City, New York, Airbnb, Cities, Brooklyn, New Orleans, Florence
The easiest trade of the year is fizzling, and the lost momentum is keeping investors' money out. "I will not put any more money into stocks until all my losses are recovered," he said. Interviews with a dozen more small investors showed the sentiment to be reasonably widespread. Brokerage account creation, while volatile, likewise dropped off in April after promising momentum in February and March, China Securities Depository and Clearing data showed. "It is as if stocks are losing faith in the China recovery story," said Grow Investment Group chief economist Hong Hao.
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