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In a Telegram post late Tuesday, Zelenskyy said he had “discussed the implementation of the peace formula” with Erdoğan. But the Turkish leader appeared to dash any hopes of a fast-track to NATO membership in his interview with NBC News. Turkey's President Recep Tayyip Erdoğan speaking to NBC News' Chief International Correspondent Kier Simmons in New York on Tuesday. Erdoğan linked Sweden’s NATO membership to the U.S. Congress’ approval of a Turkish request to purchase 40 new F-16 fighter jets and kits to modernize the country’s fleet. “Unfortunately, many Western countries remain silent in the face of Israel, and they never took a stance against Israel,” Erdoğan said, adding: “Amongst the NATO allies, unfortunately, there are many countries siding with Israel.

Persons: ”, Recep Tayyip Erdoğan, Erdoğan, don’t, Volodymyr Zelenskyy, Joe Biden, Staff Andrii Yermak, Zelenskyy, “, Kier Simmons, Natasha Lebedeva, ” Erdoğan, Benjamin Netanyahu, Ali Jadallah, ” Biden Organizations: NATO, NBC News, United Nations General Assembly, Staff, Telegram, International, NBC, U.S . Congress, Israeli, Israel, Awda, Getty Images Health, America’s Locations: Russia, New York, Ukraine, Sweden, Finland, Turkey, Syria, Brazil, India, China, South Africa, Moscow, Washington, Gaza, Al, Gaza City, Anadolu, Israel, United States, U.S

☆ Australian, New Zealand dollars scale new highs on China boost
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +3 min

An Australian one-hundred dollar banknote, top, and a New Zealand one-hundred dollar banknote are arranged for a photograph in Hong Kong, China, on Thursday, March 13, 2014. The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while sterling hit its highest in more than two years against a weaker dollar, as China's aggressive stimulus package provided the latest shot in the arm for risk appetite. Data on Tuesday showed U.S. consumer confidence unexpectedly fell in September, amid mounting worries over the health of the labor market. Against a basket of currencies, the dollar last stood at 100.28, languishing near a more than one-year low of 100.21. The dollar index had fallen more than 0.5% in the previous session, its largest one-day percentage fall in a month.

Persons: Sterling, Carol Kong, Wells Organizations: New, Bank of, Federal Reserve, Commonwealth Bank of Australia, greenback, Markets Locations: Australian, New Zealand, Hong Kong, China, Bank of England, U.S, Wells Fargo

☆ Wall Street has turned too negative on Starbucks — a turnaround is underway
▼ + stars: | 2024-09-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. 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. 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, We're, Jefferies, Brian Niccol, Piper Sandler, Jeff Marks, Jim Cramer's, Jim Organizations: CNBC, Dow Jones, Nasdaq, GE Healthcare, Danaher, DuPont, Starbucks Locations: China, DHR

☆ A popular China ETF is surging Tuesday. It's not time to jump in just yet, according to the charts
▼ + stars: | 2024-09-24 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

Not surprisingly, the news has given a jolt to the most liquid Chinese ETF today, as well. The iShares China Large Cap ETF (FXI) has been trading even higher than that so far on Tuesday. The ETF was trading considerably higher in pre-market trading hours and opened a whopping 6% higher from the prior day's close. And that's exactly why we need to look beyond the last few months to a get true sense of its trend. And at that point, the ETF would be hitting its highest level since early 2022.

Persons: it's, FXI, that's Organizations: Shanghai Stock, RSI, CNBC, NBC UNIVERSAL Locations: China

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Walmart, Salesforce, Starbucks, Amazon & more
▼ + stars: | 2024-09-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Colgate-Palmolive and Church & Dwight as overweight Piper said both consumer products company offer an attractive risk/reward. Piper Sandler upgrades Salesforce to overweight from neutral Piper said it sees an attractive risk/reward for the stock. Bernstein reiterates Amazon as outperform Bernstein said advertising is "key to the bull case once again" for Amazon. Wedbush upgrades Comerica to outperform from neutral The firm added the regional bank to its best ideas list. " CFRA reiterates Nvidia as buy The firm says it sees Nvidia with "sustained compute demand" over the coming years.

Persons: Piper Sandler, Dwight, Piper, Baird, Jefferies, it's bullish, Raymond James reinstates Uber, Raymond James, Goldman Sachs, Goldman, KeyBanc, Morgan Stanley, immuno, Oppenheimer, Lowe's, Redburn, it's, Truist, Baird downgrades McKesson, Needham, Apple, Pinterest, Leerink, Guggenheim, Tesla, TSLA, Bernstein, CFRA Organizations: Colgate, Palmolive, Church, Jefferies, Starbucks, Avidity Biosciences, BP, Exxon, Costco, Walmart, Apple, GE Vernova, UBS, Citi, Mastercard, Visa, U.S, DOJ, Comerica, CMA, Nvidia

☆ Stocks making the biggest moves premarket: Visa, Starbucks, Salesforce, Lowe's and more
▼ + stars: | 2024-09-24 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Starbucks — The coffee house chain moved 1.6% lower after Jefferies downgraded the stock to underperform from hold and cut its price target. BioNTech — U.S.-listed shares of the German biotechnology company rose 2.7% on the heels of a Morgan Stanley upgrade to overweight from equal weight. Pinterest — The image sharing company rose more than 1% after Oppenheimer initiated coverage of the stock with an outperform rating. GE Vernova — Shares gained nearly 1% after Guggenheim initiated coverage of GE Vernova with a buy rating, saying that it is "still in the early stages of a multi-year improvement in profitability." Analyst Joseph Osha's $300 price target implies a roughly 19% increase from Monday's closing price for the stock.

Persons: Jefferies, Piper Sandler, Lowe's, Oppenheimer, Morgan Stanley, BioNTech, Joseph Osha's, —, Sarah Min, Michelle Fox, Pia Singh, Sean Conlon, Jesse Pound, Fred Imbert Organizations: Thor Industries, Arlo Technologies, Visa, Bloomberg, Justice Department, Citi, Mastercard, Federal Reserve, GE, Guggenheim Locations: U.S, China, —

☆ Stocks making the biggest moves midday: Visa, Smartsheet, JD.com and more
▼ + stars: | 2024-09-24 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Smartsheet — Shares surged more than 6% after Blackstone and Vista Equity Partners agreed to buy the software maker for $56.50 a share in cash, or about $8.4 billion . Unless another offer is made, the deal is expected to close by January 2025, pending shareholder approval. China stocks — Shares of Chinese companies soared after China's central bank unveiled a host of stimulus measures . Thor earned $1.68 per share on $2.53 billion in revenue in its fiscal fourth quarter. Flowserve — The stock moved nearly 5% higher after Bank of America reiterated a buy rating, saying its exposure to nuclear power is "underappreciated."

Persons: Alibaba, Li, Thor, LSEG, Morgan Stanley, BioNTech, Guggenheim, Joseph, Alex Harring, Samantha Subin, Lisa Kailai Han, Jesse Pound, Sarah Min Organizations: Bloomberg, Justice Department, Blackstone, Vista Equity Partners, JD.com, PDD Holdings, Li Auto, Thor Industries, Arlo Technologies, Bank of America, GE, Joseph Osha Locations: —

☆ This 29-year-old millionaire says work-life balance is ‘just a myth’ if you want to achieve extraordinary things
▼ + stars: | 2024-09-24 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

He says that his remarkable success came with sacrifices like giving up on what he considered a healthy work-life balance. "I believe in working extremely hard … I absolutely disagree with the idea of work-life balance," Armoo said in an interview with CNBC Make It. "There is a season where you say, 'I want to achieve this goal and I want to get different results to other people. I want to get extraordinary results.' The way you achieve those extraordinary results is by doing extraordinary things, which literally means doing things that are not ordinary," he said.

Persons: Timothy Armoo, Armoo Organizations: CNBC Locations: London

☆ Goldman sees this biotech fighting rare diseases rallying 35%
▼ + stars: | 2024-09-24 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Analyst Corinne Johnson initiated coverage of the biopharmaceutical stock focused on unique diseases at a buy rating. "Our positive view of the company is based on what we view as multi-blockbuster, first-to-market commercial opportunities ... coupled with the scalable nature of the company's antibody oligonucleotide conjugate platform," Johnson wrote to clients. The first is del-brax, a drug designed to fight facioscapulohumeral muscular dystrophy, or FSHD — which has estimated peak sales of $2.7 billion. The other is del-desiran, a therapy to treat myotonic dystrophy type 1, or DM1 — with a predicted peak sale figure of $4 billion. Shares have soared more than 380% in 2024, reversing course after dropping more than 59% last year.

Persons: Goldman Sachs, Corinne Johnson, Johnson, what's Organizations: Avidity Biosciences, LSEG Locations: Monday's

☆ The gigantic dunes rising up out of the world’s oldest desert
▼ + stars: | 2024-09-23 | by ( Joe Yogerst | ) edition.cnn.com time to read: +8 min

Angle for Nile perch at Lake Turkana (Kenya)Lake Turkana is the world's largest permanent desert lake. Discover the Force at “Star Wars” film sites (Tunisia)"Star Wars" is brought down to Earth in Tunisia. Alternating between existing structures and sets specifically built for “Star Wars,” scenes from four of the movies were shot on location in Tunisia. Galaxy Tours is one of several outfitters with multi-day guided excursions of Tunisia’s enduring fan-favorite “Star Wars” landmarks. Yvonne Wacht/iStock Editorial/Getty ImagesMake like a nomad on a caravan camping trip in the vast Erg Chigaga desert of southern Morocco.

Persons: Salvador Dalí couldn’t, Egypt's, Alexander, Emily H, Johnson, George Lucas, Luke Skywalker’s, Lars Homestead, Hoan, Morocco's, Yvonne Wacht, ” Organizations: CNN, Oasis, Alamy, UNESCO, Washington Post, Heritage, Lobolo, “, “ Star, San, Camp, Fiume Bush, outfitters Locations: Africa, Sahara, Kenya, Namibia, Namib, Xinhua, Egypt, Cairo, Mauritania, Ouadane, Angle, Turkana, Lake Turkana, Namaqualand, South Africa, Cape Town, Tunisia, Sidi Driss, Matmata, Naftah, Fiume, Morocco, muti, Marrakesh, Aït

☆ This trade can hedge against a spike in volatility as election nears, Goldman says
▼ + stars: | 2024-09-23 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The CBOE Volatility Index , or VIX, fell below 16 on Monday and is now flirting with its lowest level since the July doldrums. "Our historical study of volatility shows that the VIX averaged 22 points in October, 4 points above the current VIX level. We believe the low implied volatility, upcoming October earnings season and elections provide an attractive opportunity for investors to hedge a potential rise in volatility," the note said. The options would have a strike price of 18 and expire in November, serving as a bet that expectations of volatility will rise as the election nears. There are no additional losses on the trade if the VIX actually declines instead.

Persons: Goldman Sachs, Arun Prakash, Prakash, VIX, seasonality Organizations: U.S

☆ The US is gearing up to send Taiwan its largest-ever security package, officials say, as China threat grows
▼ + stars: | 2024-09-23 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

The US is set to send Taiwan $567 million in military aid, US officials told Defense News. They said it would be the largest aid package ever sent to Taiwan. Go to newsletter preferences Thanks for signing up! AdvertisementThe US is gearing up to send Taiwan its largest-ever security package, multiple congressional aides and a US official told Defense News. Two of the sources told the outlet that President Joe Biden is expected to sign the $567 million package before the fiscal year expires later this month.

Persons: —, Joe Biden Organizations: Defense, Service, Defense News, Pentagon, Business Locations: Taiwan, China

☆ Qualcomm has good reasons to bid for Intel — but a takeover probably won't happen
▼ + stars: | 2024-09-23 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Read previewIf Qualcomm sees it through, its takeover bid of Intel would likely be the biggest in Silicon Valley history. The possibility of Intel handing its 56-year history over to a younger rival emerged last week after several reports said that California-based semiconductor firm Qualcomm had made a takeover approach. That said, not everyone is convinced that Qualcomm needs Intel — or that a buyout would be a good idea for either company. My industry survey also indicates that Qualcomm is currently in takeover talks with Intel. A Qualcomm bid for Intel could face similar regulatory obstacles to the takeover attempt Nvidia made for Arm in 2020 and later abandoned in 2022.

Persons: —, Qualcomm's, Pat Gelsinger, Patrick Moorhead, Richard Windsor, Chi Kuo, 錤, Qualcomm Organizations: Service, Qualcomm, Intel, Business, Nvidia, Financial Times, CNBC, Amazon Web, Intel Foundry, Radio Free Mobile, International Securities, Microsoft, Bloomberg Locations: Silicon Valley, California, Europe, Taiwan

☆ Why stocks have a lot more room to rally before hitting a peak, according to a technical analyst
▼ + stars: | 2024-09-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Stock market highs are expected to continue into 2025, according to Oppenheimer's Ari Wald. AdvertisementWald's 6,000 price target for the S&P 500 is based on the median bull market cycle. "The S&P 500 is up 64% over the 23 months between October 2022 and September 2024. And if the current bull market follows the path of the average bull market, stocks could continue to rise through the end of 2025 with the S&P 500 rising to around the 7,000 level. "We view the cycle high for Industrials as confirmation of an intact bull market," Wall said.

Persons: Oppenheimer's Ari Wald, Wald, —, Oppenheimer, Ari Wald, it's, Wall, " Wald Organizations: Service, New York Stock Exchange, ISI Locations: That's

☆ Here's where to invest $1 million, according to the pros
▼ + stars: | 2024-09-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

If you had as much as a spare $1 million to invest right now, what should you buy? Balanced-to-medium risk profile With as much as $1 million to invest with, investors can buy individual securities instead of being restricted to funds, said David Dietze, managing principal and senior portfolio strategist at Peapack Private Wealth Management. "A much smaller amount leaves an investor forced to invest in funds to get adequate diversification. With one million, one could say invest $20K in fifty different stocks and be well diversified," he said. More aggressive risk profile Gambles says that taking on a more aggressive stance would mean an "all in commitment" on the themes he expects will perform, and removing any hedges against those trades.

Persons: Paul Gambles, David Dietze, Dietze, Bristol Myers, Gambles Organizations: U.S . Federal Reserve, CNBC Pro, Family, Yen, Wealth Management, Bristol, BHP Group, Hershey, BHP Locations: China, Australian

☆ Top Wall Street analysts find these stocks promising for the long haul
▼ + stars: | 2024-09-22 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Investors seeking stocks that can withstand short-term pressures and deliver over the long term should track the recommendations of top Wall Street analysts. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Recently, Baird analyst Colin Sebastian reiterated a buy rating on Take-Two Interactive stock with a price target of $172. He anticipates the mobile business will contribute around $3.1 billion, and catalog/live services will generate $2.5 billion in the full year. Benedict noted that the August comparable sales growth was sequentially steady compared to the 7.2% increase in July, as stronger traffic was offset by some moderation in average traffic growth.

Persons: Baird, Colin Sebastian, Max Payne, Sebastian, TipRanks, Peter Benedict, bullish, Costco's, Benedict, Doug Anmuth, Anmuth Organizations: Netflix, Wall Street, Costco Wholesale, Costco, JPMorgan Locations: Flora, TipRanks

The Athletic NFL writers Tim Graham, Ted Nguyen and Dan Pompei share their thoughts on all of these storylines and more. Is it time to re-think the Vikings as a Super Bowl contender? Minnesota entered Sunday ranked third in points allowed and top-10 in both yards per carry and yards per pass attempt. Stroud with two interceptions and four sacks, and they’ll have the Texans’ offensive line flinching tonight in their sleep. Four-time Pro Bowl left tackle Laremy Tunsil was flagged three times apiece for false starts and illegal formations.

Persons: Nick Sirianni, Tim Graham, Ted Nguyen, Dan Pompei, Graham, Sam Darnold, Aaron Jones, Justin Jefferson, Brian Flores ’, C.J, Jonathan Greenard, Laremy Tunsil, Cam Akers, Nguyen, Flores, Sam Darnold doesn’t, Kevin O’Connell, Darnold, Nick Sirianni’s, Sirianni, Barkley, Vic Fangio’s, Lane Johnson, DeVonta Smith, Darius Slay, Jalen, Brown, Kellen Moore, Sirriani, Andy Reid, Doug Pederson, Justin Fields, He’s, Fields, Russell Wilson, Mason Rudolph, Duck Hodges, Tommy Maddox, Mike Tomlin, Crash Davis, Wilson, he’s, It’s, Caleb Williams, Bryce Young, Williams, hasn’t, Rome Odunze, David Carr, Archie Manning, who’ve, Rome, Stephen Maturen Organizations: Minnesota Vikings, Philadelphia Eagles, Pittsburgh Steelers, Athletic NFL, Vikings, Minnesota, Sunday, U.S . Bank, AFC, Texans, Pro Bowl, 49ers, Super, Packers, Lions, NFC, Eagles, Falcons, Saints, Steelers, Chargers, Colts, Bears, Chicago Locations: Stroud, Minnesota, Philadelphia, Philly, Graham, Chicago, Pittsburgh, Rome

☆ The Houthis probed Israeli defenses with a ballistic missile, and Iran is likely taking notes
▼ + stars: | 2024-09-22 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

Read previewA Houthi ballistic missile reached Israel from Yemen for the first time on Sunday, disintegrating in the air after Israel activated its air defenses. AdvertisementThe Arrow 2 and Arrow 3 both made their first-ever combat intercepts against Houthis missiles on October 31 and November 9, 2023, respectively. The Arrow 3 fires an intercept missile that strikes an incoming ballistic missile outside the Earth's atmosphere, and boasts superior range and speed over its Arrow 2 predecessor. The Palestine missiles are solid-propellent, making them more advanced than the liquid-propellent ballistic missiles hitherto used by the group. "When it comes to large-scale drone and missile attacks, Iran has to rely on large volumes to try and overwhelm Israeli air and missile defenses," Tack said.

Persons: —, Israel, Sim, Tack, Samad, Ryan Bohl, RANE, Bohl, Steven Horrell, Horrell Organizations: Service, Business, Houthis, Houthi Media, Getty, Palestine, Tel, East, PAC, Transatlantic Defense, Security, Center for, Israel, US Navy Locations: Israel, Yemen, Iran, Iranian, Palestine, Eilat, Tel Aviv, North Africa, Syria, Tehran, Lebanon, Red

☆ A veteran chartmaster shares 7 investments to make ahead of a rare buying opportunity as US stocks stagnate
▼ + stars: | 2024-09-22 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewUS equities are trading near record highs after the Federal Reserve cut interest rates last week, but a long-time chartmaster doesn't believe the euphoria is warranted. Add in an unclear path forward for interest rates and geopolitical risks, and Keller said stocks will struggle to break past today's levels. Homebuilders such as DR Horton (DHI) can be a prime beneficiary of lower interest rates, Keller pointed out. "And when you think about what that means, that usually means: really good setup for homebuilders. Utilities also stand out, not only due to their defensive qualities, but because their yields look more attractive as falling interest rates weigh on bond yields.

Persons: —, doesn't, David Keller, Keller, Whoever's, Donald Trump, Kamala Harris, Harris, Jeff Muhlenkamp Organizations: Service, Federal Reserve, Fed, Business, Sierra Alpha Research, Republican, Enphase, Trump, Utilities Locations: StockCharts.com

☆ Hezbollah, Israel exchange heavy fire after deadly Israeli strike
▼ + stars: | 2024-09-22 | by ( ) www.cnbc.com time to read: +3 min

Anadolu | Getty ImagesIsrael and Lebanon exchanged heavy fire into Sunday, with Israeli warplanes carrying out the most intense bombardment in almost a year of war across Lebanon's south, while Hezbollah claimed rocket attacks on military targets in Israel's north. The Israeli military said it struck around 290 targets on Saturday including thousands of Hezbollah rocket launcher barrels and said it would continue to strike targets of the Iran-backed movement. Israel closed schools and restricted gatherings in many northern areas of the country and the Israeli-occupied Golan Heights early on Sunday. Hezbollah said it targeted the Israeli Ramat David Airbase with dozens of missiles in response to "repeated Israeli attacks on Lebanon", the group posted on its Telegram channel early on Sunday. The successive barrages of rocket attacks launched by Hezbollah at Ramat David are the deepest strikes it has claimed since hostilities began.

Persons: Ibrahim Aqil, Ahmed Wahbi, Jake Sullivan, Sullivan, Najib Mikati Organizations: Anadolu, Getty Images, Ramat, Telegram, Ramat David, Lebanese, General Assembly Locations: Lebanon, Getty Images Israel, Lebanon's, Israel's, Iran, Israel, Golan, Iraq, Ramat David Airbase, Ramat, Washington, New York

For decades, Sean “Diddy” Combs presented the image of a wealthy, Black music mogul, one who broke business barriers, threw lavish parties and even created iconic TV moments. But behind the scenes, prosecutors say, was a more sinister picture, with allegations of violence, sex trafficking and severe abuses of power. Sean "Diddy" Combs during a photo shoot to promote a Sean John fragrance in 2016. Casandra Ventura and Sean "Diddy" Combs attend the the Met Gala in New York City on May 7, 2018. Designer Donna Karan, musician Tommy Lee, singer Mariah Carey, host Sean "Diddy" Combs, Star Jones and rapper Reverend Run at "The Real White Party" presented by Combs at his East Hampton, N.Y., estate on Sept. 2, 2007.

Persons: Sean “ Diddy ” Combs, Combs, Tupac, Al Yankovich, Jennifer Lopez, Versace, “, Sean, Diddy, Sean John, Damian Williams, ” Fatima Goss Graves, ” “ Combs, ”, Goss Graves, ” Combs, Casandra, Cassie ” Ventura, Ventura, Dawn Richard, Rodney “, Rod ” Jones, Derrick Lee Cardello, Smith, Casandra Ventura, John Shearer, Oronike Odeleye, Kelly, Odeleye, ’ ” Odeleye, Combs ’, Craig Mack, Faith Evans, ” Richard, Nate Dogg, Snoop Dogg, Sean Combs, Forbes, Laurieann Gibson, ’, Paris Hilton, Leonardo DiCaprio, Mariah Carey, Jay, Oprah, ” Carson, Carson, Black, Donna Karan, Tommy Lee, Star Jones, Bryan Bedder, he’s, Mase, Aubrey O’Day, Danity Kane, O’Day, I’ve Organizations: Bad Boy Records, Penske Media, Getty, U.S, Metropolitan Detention, National Women’s Law, Legal Defense Fund, Hollywood, “, Uptown Records, Bad Boy Entertainment, MTV, University of Virginia, Labor, Paris, White Party, White, Bad, TMZ Locations: New York, Michigan, New York City, Carson, East Hampton, N.Y

☆ Rate cuts might make it cheaper to buy a house, but they won't fix the US housing market's biggest problem
▼ + stars: | 2024-09-21 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

The Fed's interest rate cut will ease financing conditions for homebuilders, analysts told BI. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe Federal Reserve's rate cut will surely impact the housing market, but its effect likely won't affect arguably the most important part of the equation: keeping affordability tight. But how this translates into a much-needed supply boost is a different story, and there are factors the Fed cut won't fix. Lingering uncertaintiesAdvertisementFor instance, Nanayakkara-Skillington noted that material pricing, from drywall to steel mill products, has weighed heavily on homebuilders since the pandemic.

Persons: —, it'll, NAHB's, Skillington, NAHB, Michael Neal, Fitch, Neal Organizations: Service, National Association of Home Builders, Urban Institute senior, Fitch

☆ These 9 'Back to the USA' stocks will get the biggest boost from an American manufacturing boom: Bank of America
▼ + stars: | 2024-09-21 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. He believes that the rise of the US trade deficit over the past year will likely make it a key issue for both political parties. AdvertisementAlthough the Trump administration has traditionally been linked to trade wars and more protectionist measures, Biden's administration maintained the Chinese tariffs. It will create more manufacturing jobs and boost demand for domestic companies with in the logistics and supply chain process. A September 19 research note from Bank of America suggests that this shift is set to benefit domestic small- and mid-cap stocks most.

Persons: —, Trump, Manish Kabra, Kabra, Jill Carey Hall Organizations: Service, Business, US, of, Tax, Bank of America Locations: China, Red

☆ Joel Embiid signs 3-year, $192.9 million extension with Sixers, reports say
▼ + stars: | 2024-09-20 | by ( Noah Levick | Nbc Philadelphia | ) www.nbcnews.com time to read: +3 min

Superstar center Joel Embiid has signed a three-year, approximately $192.9 million extension with the team that runs through the 2028-29 season, ESPN’s Ramona Shelburne reported Friday morning. The seven-time All-Star is set to make approximately $51.4 million in the 2024-25 season and $55.2 million in 2025-26, according to Spotrac. The Sixers later officially announced that Embiid signed a “multi-year” extension. While he returned late in the regular season, Embiid had semi-regular injury scares and also dealt with Bell’s palsy during the playoffs. The Sixers will hope George can lessen the burden on Embiid and Maxey to create shots and summon late-game heroics.

Persons: Joel Embiid, Ramona Shelburne, Shams, Embiid, ” Embiid, they’ve, Josh Harris, David Blitzer, Nick Nurse, “, Paul George, Tyrese Maxey, George, Maxey, USA’s Organizations: Sixers, NBA, Spurs, Knicks, Paris Locations: Cameroon, Philadelphia, Bahamas

Israeli soldiers can be seen throwing apparently lifeless bodies from a rooftop during a raid in the occupied West Bank, videos geolocated by NBC News show — an incident the Israeli military said Friday was under review and did not align with its values. The videos first emerged on social media Thursday and show Israeli soldiers on a rooftop near the town of Qabatiya, west of Jenin, in the north of the West Bank. Another video showing more of the incident from a different angle shows three men throwing three bodies from the rooftop, one by one. Israeli soliders kick the body of a man on the roof of a building in Qabatiyah in the occupied West Bank. Palestinian health officials said earlier this month that nearly 700 Palestinians have died in the West Bank since the Oct. 7 attacks, which Israeli officials said killed 1,200 people and saw some 250 taken hostage.

Persons: It’s, Qabatiya, Israel, Kamal Abu Organizations: West Bank, NBC News, NBC, AFPTV, Getty, Associated Press, Israel Defense Forces, IDF, Reuters Locations: Qabatiya, Jenin, Qabatiyah, AFP, Geneva, Gaza, Israel, Israel’s

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