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The death of an American woman in an assisted suicide capsule has led to criminal proceedings being launched against several people in Switzerland. A spokesperson for the U.S. Embassy in Bern said, “We are aware of reports of the death of a U.S. citizen in Switzerland. The device is the brainchild of Philip Nitschke, an Australian physician famous for his work on assisted suicide since the 1990s. While euthanasia remains illegal, assisted suicide, as long as done without a selfish motive, is allowed under Swiss law which has led to the opening of several assisted suicide clinics in the country. In 2022, French-Swiss filmmaker Jean-Luc Godard died at his home in Switzerland after an assisted suicide.
Persons: , Carl Sagan, Philip Nitschke, Nitschke, Jean, Luc Godard Organizations: Midwest, Schaffhausen Police, Police, NBC News, U.S, Embassy, Prevention Locations: American, Switzerland, Canton, Schaffhausen, Bern, French, Swiss
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
The U.S. Forest Service says it will not hire seasonal employees in the next fiscal year because of expected cuts to its budget, just as fire seasons grow longer, hotter and deadlier. “As an agency, we have a responsibility to plan for the most conservative funding picture, and these actions reflect that reality,” Forest Service spokesperson Scott Owen said in a statement. U.S. Forest Service firefighters Monday in San Bernardino National Forest in California. In March, the Forest Service asked for $8.9 billion for the coming fiscal year, an increase of $658.5 million over the previous fiscal year, according to the latest budget justification report. Forest Service Budget Director Mark Lichtenstein suggested in last week’s employee meeting that the federal government might have overcommitted funds.
Persons: We’re, , Andy Vanderheuel, Scott Owen, Gina Ferazzi, Randy Moore, ” Moore, Moore, Isaac Karuzas, we’re, Joe Biden, Mark Lichtenstein, ” Lichtenstein, Jacqueline Buchanan, we’ve Organizations: U.S . Forest Service, National Federation of Federal Employees, Forest Service, , . Forest Service, San Bernardino National Forest, Los Angeles Times, Getty Images, Infrastructure Investment, Jobs, Pacific Northwest Locations: California, Montana, ’ Idaho, Pacific Northwest Region, Oregon, Washington
WASHINGTON — Protesters in some U.S. cities demonstrated on Tuesday against American military support for Israel as risks have risen of a full-fledged conflict in the Middle East, with anti-war activists demanding an arms embargo against the U.S. ally. The United States has maintained support for its ally during this war despite domestic and international criticism. Fatih Aktas / Anadolu via Getty ImagesIn May, Biden said U.S. support for Israel was “ironclad”, while also calling for an immediate ceasefire. The situation has raised concerns of a widened regional war that could destabilize the Middle East. Leaders of different United Nations member states met this week in the United States with the situation in the Middle East being top of the agenda.
Persons: , “ Biden, Harris, Trump, Joe Biden, Kamala Harris, Donald Trump, Benjamin Netanyahu, , Fatih Aktas, Biden, ” Biden Organizations: Protesters, Palestine, Bibi, Israeli, U.S ., Phoenix, United, Getty, Israel, Jewish American Heritage, White, Court, United Nations Locations: WASHINGTON, Israel, U.S, Herald, New York City, Lebanon, , Washington, Gaza, San Francisco, Seattle, San Antonio, United States, Anadolu, Palestinian, Lebanese, Iran
LOS ANGELES — Brittany Furlan, the comedian and wife of rocker Tommy Lee, says her dog’s extra flab saved it from being carried off by a coyote that snatched it near the pool of their Los Angeles home. Ring surveillance camera video posted Tuesday to Instagram by Furlan shows the coyote snatching the small dog, Neena, from poolside and running out of frame while Furlan screams and follows. "Thank God, I always watch them," she told NBC Los Angeles. What was described as a coyote positions to grab Brittany Furlan's dog Neena from her backyard in the Brentwood neighborhood of Los Angeles on Tuesday. People are encouraged to not leave small pets outside unsupervised and to bring small pets inside at night to prevent coyote attacks.
Persons: Brittany Furlan, Tommy Lee, ” Furlan, Furlan, Lee, Brittany, Neena Organizations: NBC, Brittany Furlan Coyotes, California Department of Fish, California Department of Fish and Wildlife, U.S . Forest Service, and Wildlife Department Locations: Los Angeles, poolside, Brentwood, Santa Monica, NBC Los Angeles, Southern California, California Department of Fish and, California
Ohio Republican Senate candidate Bernie Moreno is facing a wave of criticism over his remarks about suburban women and abortion heading into the homestretch of the competitive race. Moreno said at a town hall in Warren County on Friday that many "suburban women" are "single-issue voters" when it comes to abortion. “You know, the left has a lot of single-issue voters,” Moreno said. “Sadly, by the way, there’s a lot of suburban women, a lot of suburban women that are like, ‘Listen, abortion is it. Ohio voters in November passed a ballot measure enshrining the right to abortion care in the state constitution.
Persons: Bernie Moreno, Moreno, ” Moreno, , , Sen, Sherrod Brown, Reagan McCarthy, “ Bernie, ” Brown, , Brown, Donald Trump, Nikki Haley, ” Maura Gillespie, John Boehner, , Gillespie, Roe, Wade Organizations: Ohio Republican, NBC, Democratic, Ohio, Senate, Republicans, U.N, CNN Locations: Warren County, Columbus, Ohio
Top U.S. intelligence officials briefed former President Donald Trump on Tuesday about threats from Iran to assassinate him, a Trump campaign spokesperson said. “Intelligence officials have identified that these continued and coordinated attacks have heightened in the past few months, and law enforcement officials across all agencies are working to ensure President Trump is protected and the election is free from interference." The Secret Service ramped up security around Trump this year when the Biden administration received intelligence about an alleged Iranian plot to assassinate Trump. Trump told the Daily Mail last month that he was refusing intelligence briefings so he would not be accused of leaks. The Trump campaign did not immediately respond to a request for comment.
Persons: Donald Trump, Trump, Steven Cheung, Harris, Biden, Ryan Routh, Kamala Harris, Joe Biden Organizations: Trump, National Intelligence, “ Intelligence, United Nations, News, Daily Mail, White Locations: Iran, United States, New York, Trump, Butler , Pennsylvania, West Palm Beach , Florida
A chemical gas leak from a rail tanker near Cincinnati prompted fears of an explosion and evacuation orders for people within at least a half-mile radius of the incident. Firefighters try to contain a dangerous chemical leak from a train car in Whitewater Township, Ohio. The threat for the community 22 miles east-northeast of Cincinnati is that the rail car tank has been heating up and will explode if it continues, Siefke said. It wasn't yet clear who owns the rail car or its cargo, officials said Tuesday night. Whitewater Township and Hamilton County officials said the situation will likely remain static overnight as they await input from environmental agencies.
Persons: Mike Siefke, It's, it's, Siefke, ” Siefke, Communications Andrew Knapp Organizations: Little, Rescue, Authorities, Firefighters, U.S . Centers for Disease Control, CDC, Environmental, Rivers Local School District, Central Railroad, Ohio Department of Transportation, Communications Locations: Cincinnati, Whitewater Township, Kentucky, Little Miami, Whitewater Township , Ohio, Indiana, Hamilton
Jones’ personal social media sites, including his account on the social platform X, which has 2.8 million followers, would not be included. Murray also is expected to sell many of Jones’ personal assets. The Sandy Hook families who won the Connecticut lawsuit want Jones to lose his personal social media accounts. It’s unclear how much money would be raised by selling Infowars and Jones’ assets, and how much money the Sandy Hook families would get. If the debt is found to be valid, that could reduce any amount the Sandy Hook families ultimately get from the liquidations.
Persons: Alex Jones, Sandy, Christopher Lopez, Jones, , ” Jones, Sandy Hook, , Jones ’, Lopez, Christopher Murray, Murray, Christopher Mattei, “ Alex Jones, ” Mattei, , PQPR, wasn’t Organizations: Elementary, Free Speech Systems, Systems, PQPR Holdings, Speech Systems Locations: Houston, Austin , Texas, Newtown, Connecticut, Texas and Connecticut
Gold touches record high on rate-cut bets, weaker U.S. dollar
  + stars: | 2024-09-25 | by ( ) www.cnbc.com   time to read: +2 min
Gold bars sit in a vault at the Perth Mint Refinery, operated by Gold Corp, in Perth, Australia, on August 9, 2018. Gold hit a record high on Wednesday, boosted by a softer U.S. dollar and hopes of more interest rate cuts, while investors looked for new signals for the Federal Reserve's interest rate trajectory. Spot gold was steady at $2,658.08 per ounce, as of 0557 GMT, after hitting an all-time high of $2,670.43 earlier. On Tuesday, China announced a slew of support measures including outsized rate cuts, after the U.S. Fed cut rates by 50 basis points last week. Inflows to gold exchange-traded funds, particularly from Western investors, will rise in the coming months, providing further support for record-high bullion prices, analysts said.
Persons: Gold, Kelvin Wong, OANDA's, Wong, Michelle Bowman, Jerome Powell's, heightening Organizations: Perth Mint Refinery, Gold Corp, U.S, Fed, Asia Pacific, Traders Locations: Perth, Australia, China, Beirut
CNBC Daily Open: Some caution might be good for markets
  + stars: | 2024-09-25 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. While analysts think this move may mark the end of China's deflationary streak, many think monetary policy is not enough. How much will oil demand grow? The International Energy Agency thinks oil demand will level off at 106 million barrels per day by the end of the decade.
Persons: Larry Hu, Consumer's, September's, Dow Organizations: CNBC, Dow Jones, U.S ., People's Bank of China, Macquarie, International Energy Agency, U.S, U.S . Federal, Barclays, Citi Locations: Corte Madera, Corte Madera , California, Asia, Pacific, China, U.S .
GM was lowered to underweight from equal weight, with the price target cut to $42 from $47. Additionally, Jonas lowered his rating on EV maker Rivian to equal weight from overweight, cutting his price target to $13 from $16. F GM 5D mountain F and GM fall Ford Motor shares have struggled in 2024, losing more than 10%. These headwinds, coupled with "peak earnings" and electric vehicle and regulatory risks, will also send GM shares lower. On Rivian, Jonas said, "The downgrade reflects our incorporation of the capital intensity of [autonomous vehicles] which may be required to fulfill the technological underpinnings that attracted Volkswagen as a JV partner."
Persons: Morgan Stanley's Adam Jonas, Ford, Jonas, Rivian Organizations: U.S, Ford Motor, General Motors, GM, Rivian, Ford, Volkswagen, Magna International, Federal Locations: China
The 2-year Treasury yield was last at 3.533% after rising by just over one basis point. U.S. Treasury yields were slightly higher on Wednesday as investors weighed economic data and considered the state of the economy. Economic data points will therefore be watched closely in the coming days and weeks as concerns about a potential slowdown of the economy linger. Later this week, investors will also hear from various Fed officials including Chairman Jerome Powell. At the end of the week, key economic data in form of the latest personal consumption expenditures price index is also set to be published.
Persons: Dow Jones, Jerome Powell Organizations: Treasury, Federal Reserve, PCE Locations: U.S
The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about China's economic growth. China's yuan hit its strongest level in over 16 months on Wednesday after Beijing unveiled a slate of stimulus measures to shore up the slowing economy on Tuesday. The Chinese offshore yuan strengthened briefly to 6.9946 per dollar, the strongest since May 2023. China's onshore yuan is currently trading at 7.0319 against the greenback, also holding at the strongest levels since last May. China bonds rallied after the PBOC announcement with 10-year and 30-year yields hitting record lows.
Persons: Ben Emons, Edmund Goh, Zerlina Zeng, CreditSights, Pan Gongsheng, Emons, Hong, — CNBC's Evelyn Cheng Organizations: U.S, Beijing, greenback, Fed Watch, BNP, U.S ., Asia Credit, People's Bank of China Gov, CSI Locations: China, abrdn, Hong Kong, London, Singapore, New York
A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. LONDON — European stocks are expected to open in negative territory Wednesday, paring gains from the previous session on the back of Chinese stimulus measures. The U.K.'s FTSE index is expected to open 46 points lower at 8,237, Germany's DAX down 49 points at 18,924, France's CAC 40 down 27 points at 7,568 and Italy's FTSE MIB down 181 points at 33,686, according to data from IG. European stocks traded higher Tuesday, buoyed by China's central bank monetary stimulus measures with mining, technology and household goods the best-performing sectors. Positive sentiment in Europe comes after Asia-Pacific markets climbed Tuesday after Beijing's announcement of a range of policy easing measures aimed at stimulating the economy.
Persons: Germany's DAX Organizations: LONDON, CAC, IG Locations: Paris, France, Europe, Asia, Pacific
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. How much will oil demand grow? Oil demand will experience "robust medium-term growth," reaching 112.3 million barrels per day in 2029 from 102.2 million barrels per day in 2023, according to OPEC's 2024 World Oil Outlook report. The International Energy Agency thinks oil demand will level off at 106 million barrels per day by the end of the decade.
Persons: Stocks, Consumer's, September's, Dow, Goldman, Denis Coleman, Jamie Dimon, JPMorgan Chase Organizations: CNBC, Dow Jones, U.S . Federal, JPMorgan, International Energy Agency
Democratic presidential nominee and U.S. Vice President Kamala Harris speaks during a campaign event in Madison, Wisconsin, U.S., September 20, 2024. Vice President Kamala Harris plans to announce new campaign proposals focused on boosting U.S. manufacturing in a Wednesday speech at the Economic Club of Pittsburgh, according to a senior campaign official. Harris' address will outline a "pragmatic" economic philosophy rooted in capitalism, innovation and an understanding of government's limitations, rather than one "bound by ideology," the official said. In her rebuttal on Wednesday, Harris also plans to highlight her middle class upbringing and her political resume, the campaign official said. Harris will also draw on her work as vice president to deliver more capital to community banks and small businesses.
Persons: Kamala Harris, Harris, Donald Trump, Trump Organizations: Democratic, U.S, Economic Club of Pittsburgh, Republican, Democrats Locations: Madison , Wisconsin, U.S, California, United States, Savannah , Ga, Georgia
General view of the Towers and oil platforms of the State oil Company of Venezuela, Venezuelan oil Company SA. Oil prices steadied on Wednesday after rising in the previous session on fading excitement for the economic stimulus in China, the world's biggest crude importer, though an industry report showing falling U.S. crude and fuel inventories supported the market. Analysts, however, warned that more fiscal help was needed to boost confidence in the world's second-largest economy, which reduced the initial impact on oil prices from the announcement. Still, declining U.S. crude oil and fuel stockpiles provided some support for the market, which has generally risen since prices fell to their lowest since 2021 on Sept. 10. U.S. oil stockpiles dropped by 4.34 million barrels last week while gasoline inventories fell by 3.44 million barrels and distillate stocks fell by 1.12 million barrels, according to market sources citing American Petroleum Institute figures on Tuesday.
Persons: Ibrahim Qubaisi, Israel, Qubaisi Organizations: State, Company, Venezuelan, Company SA, Brent, . West Texas, China, American Petroleum Institute, Hezbollah, Wednesday, Israel, Gulf Locations: Venezuela, China, U.S, East, Iran, Lebanon, Israel, Florida, Texas , Louisiana, Mississippi
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan strategist says the U.S. should be able to achieve a soft landingMarcella Chow, global market strategist at JPMorgan Asset Management, discusses China and U.S. markets.
Persons: Marcella Chow Organizations: Asset Management Locations: U.S, China
Zepto is the top startup to work for in India in 2024, according to LinkedIn. LinkedIn released its seventh annual top startups list for India, showcasing the country's emerging companies based on data from the professional social-networking site. In fact, India has the third-largest startup ecosystem in the world, according to official government site Startup India. In addition, the report noted the number of startups in India rose 71.5% from about 20,000 startups in 2021 to over 34,000 startups 2023. These are the top 10 emerging startups in India, according to LinkedIn:
Persons: Zepto, Lee Organizations: LinkedIn, Startup, Lee Kuan Yew, of Public, National University of Singapore Locations: India, U.S, China
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
While the reputation of the US Secret Service is one of precision, vigilance and security, the reality is more complicated – a high-stress, high-intensity workplace beset by management and logistical issues. (The Secret Service is mandated to protect all foreign heads of state while they are on US soil). “Following the events of July 13, the U.S. Secret Service enhanced our protective model for protectees. According to the Secret Service official, the agency’s attrition rate was 10.26% in fiscal year 2022, 8.78% in 2023, and 8.85% for fiscal year 2024 so far. A USSS spokesman disputed any reports of tension between Secret Service and the Bidens.
Persons: Donald Trump, Butler, , Joe Biden, protectee, USSS, Kamala Harris, Sen, JD Vance, Tim Walz, That’s, ” Anthony Guglielmi, ” Guglielmi, ” Biden, “ They’re, Ronald Rowe, Kimberly Cheatle, “ You’re, Rowe, nodded, Jonathan Wackrow, Trump, Wackrow, Biden, , , Trump’s Butler, CNN’s Whitney Wild Organizations: CNN, Service, Secret Service, San Francisco, Trump, Gov, United Nations General Assembly, Democratic, Republican, Secret, Places, Federal Government, Public Service, Boston Consulting, Washington Post Locations: Butler , Pennsylvania, Florida, San Francisco, Asia, Pacific, San, New York, U.S, Cheatle
China needs more than rate cuts to boost economic growth
  + stars: | 2024-09-25 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +5 min
Cfoto | Future Publishing | Getty ImagesBEIJING — China's slowing economy needs more than interest rate cuts to boost growth, analysts said. He expects Beijing will likely ramp up fiscal stimulus due to weak growth, despite reluctance so far. "The market is forming a medium to long-term expectation on the U.S. growth rate, the inflation rate. As for Chinese government bonds, Ding said the firm has a "neutral" view and expects the Chinese yields to remain relatively low. He pointed out that monetary easing still requires fiscal stimulus "to achieve the effect of expanding credit and transmitting money to the real economy."
Persons: Larry Hu, That's, Edmund Goh, Yifei Ding, Ding, CF40, Pan Gongsheng, Haizhong Chang, Chang Organizations: China Resources, Getty, BEIJING, People's Bank of China, Macquarie, U.S, of Finance, PBOC, Ministry of Finance, Fitch Locations: China, Nanjing, Jiangsu province, abrdn, Beijing, U.S, Invesco
Although he increased his price target to $150 from $130, the new price target is just around $2 higher from Tuesday's close price. — Fred Imbert 6:46 a.m.: Citi raises Roblox price target Citi is bullish on Roblox's long-term prospects in spite of some near-term rockiness. — Hakyung Kim 5:42 a.m.: Piper Sandler raises price target on Tesla Piper Sandler thinks Tesla may sell more vehicles than the firm previously expected. With this in mind, he raised his price target on Tesla shares to $310 from $300, signaling about 22% upside from Wednesday's close. TSLA YTD mountain TSLA year to date — Hakyung Kim 5:42 a.m.: Barclays upgrades Hewlett Packard Enterprise Rising demand for artificial intelligence servers will boost Hewlett Packard Enterprise shares, according to Barclays.
Persons: Piper Sandler, TD Cowen downgrades Expedia TD Cowen, Kevin Kopelman, Kopelman, EXPE, — Hakyung Kim, Morgan Stanley, Ford Morgan Stanley's Adam Jonas, Jonas, Ford, Fred Imbert, Jason Bazinet, we're, Bazinet, Roblox, Alex Straton, Straton, JPMorgan, Rodolfo Angele, Angele, Tesla Piper Sandler, Tesla, Alexander Potter, Potter, Hakyung Kim, Tim Long, HPE, Long Organizations: CNBC, Barclays, Hewlett Packard Enterprise, U.S, Ford Motor, GM, Citi, Nike, JPMorgan, Petrobras, Tesla, Hewlett, Enterprise, Juniper Networks Locations: China, U.S, Tuesday's, XLK
Sushi, onigiri and yakitori don — Japanese rice is a key staple in many of its iconic dishes, but the country is facing its biggest shortfall in decades. Japan has been contending with a rice shortage in recent months due to a mix of bad weather and an increase in tourists, undergirded by the country's restrictive rice policies. Consumers also stockpiled more rice in preparation for Japan's typhoon season and a major earthquake warning, the USDA added. Local media NHK partly attributed the shortage to an influx in tourists pushing up demand for sushi and other rice-based dishes. On top of Japanese preparing for potential natural disasters, the MFAA also attributed the increase in table rice demand to an influx of tourists driving up food service demand.
Organizations: U.S . Department of Agriculture, Consumers, Local, NHK, Ministry of Agriculture, Forestry, Fisheries Locations: Japan, undergirded
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