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☆ Israel Kills a Top Commander of Hezbollah, Which Replies With a Rocket Barrage
▼ + stars: | 2024-07-03 | by ( Euan Ward | Thomas Fuller | ) www.nytimes.com time to read: +1 min

Israeli forces killed a senior Hezbollah commander on Wednesday in a drone strike in southern Lebanon, prompting the Lebanese militia to retaliate with a heavy rocket barrage across the border. The flare-up came as Western diplomats worked to avoid a full-scale war between Israel and Hezbollah, a danger that appears to have grown in recent weeks. Cross-border exchanges of fire have intensified, and Israeli officials have publicly spoken of shifting their military focus from Hamas in the Gaza Strip to Hezbollah, a far more advanced and potent threat. Jean-Yves Le Drian, President Emmanuel Macron’s special envoy to Lebanon, was among the people with whom he met, according to a person close to the talks, who spoke on the condition of anonymity to discuss sensitive diplomacy. He said Mr. Nasser had led Hezbollah’s Aziz unit, one of the group’s main fighting forces along the Lebanese border.

Persons: Amos Hochstein, Jean, Yves Le Drian, Emmanuel Macron’s, Mohammad Naameh Nasser, Abu Naameh, Mr, Nasser, Hezbollah’s Aziz Organizations: Hezbollah, White, U.S, French Locations: Lebanon, Western, Israel, Gaza, tamping, Paris, Lebanese

☆ Washington Post CEO Will Lewis faced with new allegations of phone hacking
▼ + stars: | 2024-06-16 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +6 min

Citing a former co-worker of Lewis’, a private investigator and its own investigation of newspaper archives, the New York Times said Lewis used phone and company records that were “fraudulently obtained” through hacking and paying sources for information. A spokesperson for the Washington Post told CNN Lewis declined to comment. The Washington Post did not respond to CNN with regard to these allegations. “It’s as bad as I’ve ever seen it, truly,” one staffer said earlier this month, noting that the Washington Post has hit “rough patches” before but that the stormy atmosphere hanging over the outlet is unprecedented. In an opinion piece for the Guardian on Wednesday, Sullivan wrote that firing Lewis and finding a new CEO is “the cleanest, best move” Washington Post owner Jeff Bezos could make.

Persons: Will Lewis, Lewis ’, Lewis, “, Margaret Sullivan, Craig Newmark, Sally Buzbee, CNN Lewis, Rupert Murdoch’s, Prince Harry, Guy Ritchie, Hugh Grant, Buzbee, ”, “ It’s, Sullivan, Jeff Bezos, Bezos, — Organizations: New, New York CNN, New York Times, Times, Craig Newmark Center for Journalism, Columbia University’s School of Journalism, CNN, of Professional Journalists, Washington Post, Washington, Murdoch’s News Corporation, NPR, The Washington Post, Guardian, ” Washington Post Locations: New York, Washington, London

☆ 3 risks to global economic growth
▼ + stars: | 2024-06-13 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

The World Bank on Tuesday raised its 2024 outlook for global economic growth to hold steady at 2.6%, an increase from its previous projection of 2.4% growth. “Four years after the upheavals caused by the pandemic, conflicts, inflation, and monetary tightening, it appears that global economic growth is steadying,” Indermit Gill, the World Bank’s chief economist, said in a release accompanying the report. Prospects for the world’s poorest economies are even more worrisome.”Here are three risks the World Bank sees. The World Bank said that spillover risk from the Russia-Ukraine war and Israel-Hamas war could curb global growth by pushing up oil prices and shipping costs. Trade tensions are already brewing between some of the world’s biggest global economic engines.

Persons: ” Indermit Gill, Jerome Powell, ”, Ayhan Kose, Danielle Wiener, Bronner, Joe Erlinger, aren’t, TikTok, John S, James L, Donald Trump, Joe Biden’s, Biden Organizations: CNN Business, Bell, New York CNN, Bank, World Bank, European Central Bank and Bank of Canada, US Federal Reserve, European Commission, EU, Bureau of Labor Statistics, McDonald’s, Pew Research Center, Knight Foundation, TikTok Locations: New York, Russia, Ukraine, Israel, India, Mexico, United States, France, United Kingdom, China, Beijing

☆ Stock futures are little changed after Dow posts worst session since March 2023: Live updates
▼ + stars: | 2024-05-23 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 11, 2023. Stock futures were little changed on Thursday evening, following the worst session in more than a year for the Dow Jones Industrial Average. S&P 500 futures ticked up by 0.04%, while Nasdaq 100 futures pulled back 0.02%. The Dow suffered a 1.53% decline for its worst session since March 2023, weighed down by a 7.6% drop in Boeing. To that end, the S&P 500 is tracking for a weekly loss of 0.7%, while the Dow is on pace to drop about 2.4%.

Persons: Dow, Jamie Cox, Dow Jones Organizations: New York Stock Exchange, Stock, Dow Jones, Dow, Nasdaq, Intuit, Ross Stores, Nvidia, Boeing, Harris Financial, Federal Reserve, University of Locations: New York City, U.S

☆ Walmart and Target are slashing prices. What does that mean for inflation?
▼ + stars: | 2024-05-23 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

That doesn’t mean the battle against inflation is won. Walmart saw first-quarter sales at stores open at least a year climb 3.8% from the prior year, in part thanks to its ability to keep prices low even as inflation remains sticky. “Our combination of everyday low prices plus a large number of rollbacks is resonating” with consumers, Walmart CEO Doug McMillon said on a call with analysts. Investors will get more inflation data next week from the Personal Consumption Expenditures index for April. Without that discount, the combined fine would have topped £88 million ($112 million).

Persons: Doug McMillon, Price, we’re, ”, Preston Caldwell, Scarlett Johansson, Will Scarlett Johansson, OpenAI, Johansson, OpenAI’s, Sam Altman, Brian Fung, OpenAI didn’t, Anna Cooban, “ Organizations: CNN Business, Bell, New York CNN, Walmart, Ikea, Aldi, Morningstar Research Services, Bureau of Labor Statistics, Investors, Citi, Citigroup, Financial Conduct Authority, Bank of England’s Prudential, Authority, CNN Locations: New York, United States

☆ Venezuela expands military buildup at Guyana border in ‘dangerous game,’ says report
▼ + stars: | 2024-05-14 | by ( Tara John | ) edition.cnn.com time to read: +4 min

CNN —Venezuela continues to build up military infrastructure and hardware close to the border with Guyana as President Nicolas Maduro and his supporters scale up their threats to annex an oil-rich piece of Guyanese land. Guyana had called the move a step towards annexation and an “existential” threat as the specter of armed conflict loomed over the region. Using satellite imagery and social media, CSIS found that the expansion of Anacoco Island’s military base has continued. Maduro could ‘fall victim to own rhetoric’The threats to Guyana have concerned its partners. “Thus, one of the most concerning possibilities is that Maduro will fall victim to his own rhetoric.

Persons: Nicolas Maduro, “, ” Ryan Berg Organizations: CNN, Strategic, International Studies, Venezuelan, US Navy, Americas, CSIS Locations: Venezuela, Guyana, Washington, Venezuelan, Essequibo, Punta Barima, arm’s, Essequibo ”, Guyanese, Georgetown, Idaho

☆ Catalonia: Spain’s socialists hail ‘new era’ as Catalan separatist support dims in elections
▼ + stars: | 2024-05-13 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

Barcelona, Spain — Spain’s Socialists won the biggest share of the vote in Sunday’s Catalan elections, dealing a serious blow to more than a decade of separatist governance and the independence dreams still nursed by some in the wealthy northeastern region. Spain’s largest opposition party, the conservative People’s Party, also had a good night, seeing the biggest increase since the last vote in 2021 from three seats to 15 on Sunday. Socialist candidate Salvador Illa makes a toast with members of his team and party colleagues after the announcement of the results of the elections. Emilio Morenatti/APSpeaking as the voting count concluded, Illa hailed a “new era” for the region. Illa’s Socialists will also need to forge an agreement - most likely with the ERC - but separatist parties until now have rejected any suggestion of helping the national ruling party govern in Catalonia.

Persons: Spain —, Salvador Illa, Junts, Esquerra, Pedro Sanchez’s, Emilio Morenatti, Illa, Pere Aragones, Carles Puigdemont, Joan Esculies, ” Organizations: Spain — Spain’s Socialists, Socialists, People’s Party, Socialist, restive, ERC, CUP, Illa’s Socialists, AC Locations: Barcelona, Spain, Sunday’s, Catalonia, restive Catalonia, Junts

☆ Money market funds yielding more than 5% won’t last. Where to deploy idle cash instead
▼ + stars: | 2024-05-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Money market funds' siren song has become a little louder: With the timing of Federal Reserve rate cuts shaky, yields on cash are still hot – for now. Here's how to decide where and when to redeploy some of your idle cash into fixed income. Taxes are also a key consideration as you build out your fixed income sleeve. Interest income from Treasurys, meanwhile, is subject to federal income tax but exempt from state and local taxes. A gradual entry toward fixed income You don't have to build out your fixed income allocation in one day.

Persons: Rob Williams, Charles Schwab, Ashton Lawrence, Lawrence, Williams Organizations: Mariner Wealth Advisors, Mutual Locations: Greenville , South Carolina, Treasurys, New York , New Jersey, California

☆ Behind Trump's campaign cash crunch: Small-dollar donor fatigue, major donor hesitation
▼ + stars: | 2024-03-18 | by ( Brian Schwartz | ) www.cnbc.com time to read: +12 min

The drop in Trump's small-dollar contributors could be significant obstacle as the former president faces the well-funded incumbent president, Democrat Joe Biden. Falling behind BidenEvidence from earlier in the 2024 election cycle already hinted at an erosion of Trump's small-dollar donor base, or support of $200 or less. In January of this year, Trump's campaign reported raising around $3 million from small-dollar donors, according to data from OpenSecrets. Elizabeth Frantz | ReutersMeanwhile, Trump's campaign told The New York Times that February was its strongest month so far in the 2024 campaign cycle for small-dollar donations. Between Jan. 1 and Dec. 31, 2020, Trump's campaign raised over $264 million from small-dollar supporters.

Persons: Donald Trump, Marco Bello, Reuters Donald Trump's, Joe Biden, Biden, Trump's, Elizabeth Frantz, Trump, Shannon Stapleton, John Paulson, Howard Lutnick, Letitia James, Steve Schwarzman, Miriam Adelson, Denise Truscello, Stephen Louro, Long, Louro, Greg Abbott, Elise Stefanik, Haley, Nikki Haley, MAGA, Adrienne Arsht, Mike Segar, Paul Singer, Singer, Paul Singer David A, Singer's, Lara Trump, Jonathan Drake Organizations: Reuters, White, Republican Party, Federal, Commission, U.S, Capitol, Washington , D.C, New York Times, CNBC, Trump, Republican National Committee, RNC, New York, Court, Trump Organization, AFP, Getty, PAC, Democrats, Blackstone, Cleveland Clinic Lou, Brain Health, MGM, Garden, Hamptons, Republican, New York Republican, Republican Texas Gov, South Carolina Gov, Former South Carolina, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, Republicans, Haley, Grogan, American Opportunity Alliance, Politico, North, North Carolina GOP Locations: Lago, Palm Beach , Florida, U.S, Washington ,, New York City, Las Vegas , Nevada, York, Former, Miami , Florida, Houston, New York, North Carolina, Greenville , North Carolina

☆ Markets are eyeing a June rate cut. Here's what Fed officials have said on policy, jobs, and inflation that point to the next steps.
▼ + stars: | 2024-03-13 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Fed officials have said rate cuts are coming soon, but inflation must still cool further. Markets are placing the greatest odds on a rate cut in June, fed fund futures show. AdvertisementFederal Reserve officials have said interest rate cuts are coming this year, but there's not an exact date in their outlook just yet. Those expectations were little changed after Tuesday's inflation report, which showed CPI came in hotter than expected in February. Reducing our policy rate too soon could result in requiring further future policy rate increases to return inflation to 2 percent in the longer run."

Persons: —, there's, CME's, Jerome Powell, " Neel Kashkari, Michelle Bowman, Patrick Harker, Raphael Bostic, John Williams, Christopher Waller Organizations: Service, Federal, Bank of America, Capital, Capital Economics, Labor

☆ Biden Looks to Change the Conversation on Immigration and Crime
▼ + stars: | 2024-02-28 | by ( Katie Rogers | Zolan Kanno-Youngs | ) www.nytimes.com time to read: +1 min

For years, Republicans have assailed President Biden and Democrats for policies they say are too lax on curbing immigration and tamping down on violent crime. This week, with a trip to the border planned and remarks delivered next to police chiefs assembled at the White House on Wednesday, Mr. Biden is trying to change the conversation, saying he is making progress on those very issues despite Republican intransigence. In remarks at the White House, Mr. Biden said that a stimulus package passed without Republican support during the coronavirus pandemic had made $350 billion available to local communities across the United States. There was flexibility with how the funds could be spent, but Mr. Biden has pressed repeatedly for them to be used to bolster local law enforcement efforts. “Thanks to my American Rescue Plan, which I might note, not a single person on the other team voted for, we provided $350 billion — $350 billion — that was available to deal with these issues,” Mr. Biden said, referring to Republican inaction on his signature legislation.

Persons: Biden, Republican intransigence, Mr, ” Organizations: White, Republican, American Locations: United States

WASHINGTON (AP) — The Senate will hold a crucial test vote next week on legislation that would pair new policies at the southern border with wartime aid for Ukraine and other American allies, leaders pressing ahead despite heavy skepticism from Republicans and some Democrats. Senate Majority Leader Chuck Schumer said he will set in motion a test vote on the national security package for Wednesday. “Our southern border is in urgent need, in urgent need, of fixing,” Schumer said in a floor speech. The Senate readied to proceed towards a vote next week, but widespread support from Republicans, especially House Speaker Mike Johnson, remained doubtful. Many Senate Republicans have declined to offer support for the bill until they can dig into its details.

Persons: Chuck Schumer, ” Schumer, toiling, Joe Biden's, — buttressing, Mike Johnson, ” Biden, Donald Trump, Sen, James Lankford of, “ I’ve, ” Lankford, “, Johnson, Kyrsten, Sinema, Lankford, Biden, ”, Robyn Barnard, Chris Murphy, Donald Trump doesn’t, Seung Min Kim Organizations: WASHINGTON, —, Capitol, Johnson, Republicans, Republican, Trump, Migrants, Human, Border Patrol, Connecticut Democrat, Associated Press Locations: Ukraine, Israel, Asia, Russian, James Lankford of Oklahoma, Southern, Arizona, U.S, Connecticut

☆ Fed's Raphael Bostic expects rate cuts to happen in the third quarter
▼ + stars: | 2024-01-18 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Atlanta Federal Reserve President Raphael Bostic expects policymakers to start cutting rates in the third quarter of this year, saying Thursday that inflation is well on its way back to the central bank's goal. While the remarks help illuminate a timeline for rate cuts, they also serve as a reminder that Fed officials and market participants have different expectations about policy easing. The implied probability for a quarter percentage point reduction has decreased in recent days but still stood around 57% on Thursday morning. Pricing further indicates a total of six cuts this year, or one at every FOMC meeting but one from March forward. "In such an unpredictable environment, it would be unwise to lock in an emphatic approach to monetary policy," Bostic said.

Persons: Raphael Bostic, Bostic, he's Organizations: Atlanta Federal Reserve, Market, Commerce, Labor Department, CNBC PRO Locations: Atlanta, Washington

☆ China's property sector needs more government support as crisis deepens
▼ + stars: | 2023-11-21 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Qilai Shen | Bloomberg | Getty ImagesBEIJING — China's property market, which makes up a substantial chunk of the country's economy, needs more government support to prevent it from deteriorating further, analysts said. UBS analysts estimated that real estate and related sectors now account for about 22% of China's gross domestic product, down from around 25% levels seen in recent years. However, real estate behemoth Country Garden still ended up defaulting on a U.S. dollar bond last month, according to Bloomberg News. "China's property sector has yet to bottom out," the report said. "Markets appear to have been a bit too optimistic about the property stimulus policies over the past two months."

Persons: Qilai Shen, Larry Hu, Nomura Organizations: Bloomberg, Getty, BEIJING, Macquarie, UBS, U.S, Bloomberg News, Developers Locations: Nanchuan, Xining, Qinghai province, China, Beijing

☆ Falling Treasury yields could turn Fed hawkish if financial conditions ease
▼ + stars: | 2023-11-09 | by ( David Randall | ) www.reuters.com time to read: +5 min

REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsNEW YORK, Nov 9 (Reuters) - Falling Treasury yields helped launch an explosive rebound in stocks and lifted U.S. government bonds from 16-year lows. Evidence of the dynamic between yields and financial conditions could be seen in last week’s 0.5% decline in the Goldman Sachs Financial Conditions Index, its sixth biggest weekly drop since 1990. Policymakers have largely refrained from verbally pushing back on the easing in financial conditions during a flurry of appearances by policymakers this week. Analysts at TD Securities, however, believe further easing in Treasury yields will eventually become a "double-edged sword." To be sure, not every scenario sees the Fed in a higher-for-longer posture if Treasury yields continue falling.

Persons: Jerome Powell, Kevin Lamarque, Brian Jacobsen, Jacobsen, CME's, Sameer Samana, David Randall, Saqib Iqbal Ahmed, Ira Iosebashvili, Andrea Ricci Organizations: Federal Reserve, Federal, Committee, REUTERS, Goldman, Treasury, Annex Wealth Management, Reuters Graphics, International Monetary Fund, TD Securities, Fed, Wells, Investment Institute, Thomson Locations: Washington , U.S, United States, China, Samana, U.S

☆ Fed is making progress on inflation, Goolsbee says
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

"Over the next couple of months, we might equal the fastest drop in inflation in the last century," Goolsbee said in an interview with broadcaster CNBC. "So we're making progress on the inflation rate. The term premium is the added compensation investors expect for owning longer-term debt and is measured using financial models. Higher yields and more broadly tightening financial conditions help the Fed by tamping down growth and cooling inflation. If that's coming from term premium and it's tightening, then we have got to take that into account," Goolsbee said.

Persons: Austan Goolsbee, Goolsbee, I've, Lorie Logan, Lindsay Dunsmuir, Andrew Cawthorne, Paul Simao Organizations: Federal, Chicago Fed, CNBC, Dallas, Thomson Locations: U.S

☆ Blinken says Palestinian voices key to Gaza future
▼ + stars: | 2023-11-05 | by ( Simon Lewis | ) www.reuters.com time to read: +6 min

Blinken passed through Israeli checkpoints to meet Palestinian Authority President Mahmoud Abbas in the West Bank city of Ramallah, and then traveled on to Iraq. Palestinian views, voices and aspirations need to be “at the center” of conversations about the future of Gaza, Blinken told reporters in Baghdad. Blinken had some "good ideas" about the future he said, but "now is the time to ....stop the murder of civilians"Abbas told Blinken there should be an immediate ceasefire and that aid should be allowed into Gaza, according to spokesperson Nabil Abu Rudeineh. While Hamas tightly controls besieged Gaza, the West Bank is a complex patchwork of hillside cities, Israeli settlements and army checkpoints that split Palestinian communities. Blinken credited Abbas for tamping down tension in the West Bank and told him he had pressed Israeli officials for accountability, the senior State Department official said.

Persons: Antony Blinken, Blinken, Mahmoud Abbas, Israel, Abbas, WAFA, Mohammed Shia, Al Sudani, Nabil Abu Rudeineh, Matthew Miller, Miller, Jordan, Simon Lewis, Ali Sawafta, Doina Chiacu, Ted Hesson, Hugh Lawson, Alexander Smith, Heather Timmons Organizations: U.S, Palestinian Authority, Palestinian, West Bank, Hamas, CBS, United Nations, senior State Department, Thomson Locations: RAMALLAH, BAGHDAD, Gaza, Ramallah, Iraq, Israel, Baghdad, Iran, United States, East Jerusalem, Palestinian, U.S, United Kingdom, Egypt, Washington

☆ After stocks rebound on Monday, Cramer explains how the market can keep rallying
▼ + stars: | 2023-10-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer celebrated Monday gains across the major indexes and listed several factors that could push the market to see more frequent positive sessions. "Days like today are the reason why we stick around in this otherwise ugly market," Cramer said. First, Cramer said the bond market needs to see more buyers and fewer sellers, lamenting how the Chinese government has sold a significant portion of U.S. debt over the past several years. The market may see better days if the U.S. sees growth without inflation, according to Cramer. Cramer also said companies need to start giving better forecasts, as he said many are reporting solid quarters but slash their forecasts.

Persons: CNBC's Jim Cramer, Cramer, they've, we're Organizations: Dow Jones Industrial, Nasdaq, New York Stock Exchange Locations: U.S

☆ Relentless climb in Treasury yields may have further to run after surging to 5%
▼ + stars: | 2023-10-20 | by ( David Randall | Davide Barbuscia | ) www.reuters.com time to read: +5 min

Still, some traders interpreted his comments as an endorsement of keeping rates around current levels through most of next year. Yields on the benchmark 10-year Treasury, which move inversely to bond prices, rose briefly to 5% late on Thursday, a closely watched level not seen since 2007. “That gives people the go ahead to take rates above 5%.”Whiteley said that he sees 10-year yields moving as high as 5.5% before peaking. An extended climb in Treasury yields risks exacerbating the pressures that have dogged a broad array of assets in recent months. Still, even if the Fed cuts rates over the next few years, yields could stay above 5% if inflation and growth remain high, he said.

Persons: Jerome Powell, Brendan McDermid, Stocks, ’ ”, Greg Whiteley, ” Whiteley, ”, Gennadiy Goldberg, ” Goldberg, Powell, Sameer Samana, Alan Rechtschaffen, Rechtschaffen, Robert Tipp, “ Organizations: YORK, Treasury, Federal Reserve, Federal, Economic, of New, REUTERS, New York Economic, Fed, TD Securities, Wells, Investment Institute, UBS Global Wealth Management, Tipp Locations: of New York, New York City, U.S, DoubleLine

Still, some traders interpreted his comments as an endorsement of keeping rates around current levels through most of next year. Yields on the benchmark 10-year Treasury, which move inversely to bond prices, rose briefly to 5% late on Thursday, a closely watched level not seen since 2007. "That gives people the go ahead to take rates above 5%.”Whiteley said that he sees 10-year yields moving as high as 5.5% before peaking. An extended climb in Treasury yields risks exacerbating the pressures that have dogged a broad array of assets in recent months. Still, even if the Fed cuts rates over the next few years, yields could stay above 5% if inflation and growth remain high, he said.

Persons: Jerome Powell, Brendan McDermid, Stocks, ”, Greg Whiteley, ” Whiteley, Gennadiy Goldberg, Goldberg, Powell, Sameer Samana, Alan Rechtschaffen, Rechtschaffen, Robert Tipp, Davide Barbuscia, David Randall, Saqib Iqbal Ahmed, Ira Iosebashvili, Megan Davies Organizations: Economic, of New, REUTERS, Treasury, Federal Reserve, New York Economic, Fed, TD Securities, Wells, Investment Institute, UBS Global Wealth Management, Tipp, Thomson Locations: of New York, New York City, U.S, DoubleLine

☆ Cramer examines the consumer price index report, says inflation was 'slightly too hot'
▼ + stars: | 2023-10-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer gave his take on Thursday's consumer price index report for September. "In the end, the CPI report wasn't great but it wasn't that bad either, and investors kept their composure, taking the slightly too hot inflation number in stride," he said. In September, CPI increased 0.4% month over month and 3.7% year over year, slightly higher than Wall Street estimates. Cramer highlighted one category in the report: services excluding energy, which was up 5.7% from September 2022. Cramer also said mortgage rates edging toward 8% will affect the price of homes and eventually filter down to rent.

Persons: CNBC's Jim Cramer, Cramer, nonfarm, —, I'm, we've Organizations: Wall

New York CNN —Disney is greatly expanding its investment into theme parks and cruises, the company said Tuesday. The investment comes at a time the company is facing revenue challenges in its streaming services, movie and television assets — almost everywhere but its international theme parks. The theme park, which was announced in 2019, is set to include restaurants, hotels and, of course, rides. It will become the third theme park within the Universal Orlando Resort, stepping up its rivalry with Walt Disney World’s four theme parks. Trouble at homeDisney said Tuesday that it is focused on “expanding and enhancing” its theme parks, in the US and internationally, along with its cruise lines.

Persons: That’s, Walt Disney, Ricardo Ramirez Buxeda, Alicia Stella, didn’t, ”, Josh D’Amaro, Wakanda, Disney, Horacio Villalobos, Corbis, Kevin Lansberry, Bob Iger, ” Iger, Florida Governor Ron DeSantis, “ Disney, Stella Organizations: New, New York CNN, Disney, Disney Parks, SEC, Universal Orlando Resort, Orlando Sentinel, Tribune, Service, Star Wars, Getty, Parks, Walt Disney, Florida Governor Locations: New York, Parks, Orlando , Florida, Orlando, Anaheim , California, Asia, ”, Florida

WASHINGTON, Sept 14 (Reuters) - About half of Americans support sending U.S. military personnel into Mexico to fight drug cartels, according to a Reuters/Ipsos opinion poll, though there is less backing for sending troops without Mexico's approval. Some of the candidates have said they would be prepared to send military forces without first receiving permission from the Mexican government. Fifty-one percent of Republicans opposed unilateral action, compared to 40% who supported it. Only former Vice President Mike Pence, former Arkansas Governor Asa Hutchinson and former New Jersey Governor Chris Christie have stopped short of saying they support sending U.S. military personnel into Mexico. The Reuters/Ipsos poll was conducted online and nationwide between Sept. 8 and Sept. 14, gathering responses from 4,413 U.S. adults.

Persons: Terry Sullivan, Marco Rubio's, Donald Trump, Ron DeSantis, Vivek Ramaswamy, Nikki Haley, South Carolina Tim Scott, Haley, Mike Pence, Asa Hutchinson, Chris Christie, Andres Manuel Lopez Obrador, Gram Slattery, Jason Lange, Stephen Eisenhammer, Ross Colvin, Grant McCool Organizations: Reuters, United, U.S . Centers for Disease, Department of Defense, Tech, South Carolina, New, Thomson Locations: Mexico, U.S, United States, Ukraine, Florida, South, Arkansas, New Jersey, Mexican, Washington, Mexico City

☆ Stocks may be losing market leader just ahead of August inflation reports next week
▼ + stars: | 2023-09-08 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The stock market may be losing one of its leaders heading into the release of key inflation reports next week that could clarify the path of future monetary policy. Apple weakness However, even after Apple's drop this week, some investors expect to see further declines in Apple because of deteriorating stock price momentum. A hotter-than-expected price report will likely add to investor concern over sticky inflation and tighter monetary policy, weighing on equities. Monday Sept. 11 Earnings: Oracle Tuesday Sept. 12 6 a.m. NFIB Small Business Index (August) Wednesday Sept. 13 8:30 a.m. Consumer Price Index (August) 8:30 a.m. Initial Claims (09/09) 8:30 a.m. Producer Price Index (August) 8:30 a.m. Retail Sales (August) 10 a.m. Business Inventories (July) Earnings: Lennar , Adobe , Copart Friday Sept. 15 8:30 a.m.

Persons: Rob Ginsberg, Tim Cook, selloff, Wolfe Research's Ginsberg, Ginsberg, Dan Niles, Satori, Wolfe's Ginsberg, Alex McGrath, FactSet, isn't, Price, —, Michael Bloom, Gabriel Cortes Organizations: Apple, Wolfe Research, Dow Jones, Nasdaq, Nvidia, Tech, Satori Fund, U.S . West Texas, ICE Brent, Federal Reserve, Wealth, Traders, United Auto Workers, UAW, Big Three, General Motors, Ford Motor, Treasury Budget, Retail, Adobe, Price, Index, Manufacturing Locations: China, Apple, U.S, @CL, Michigan

Biden's Labor Day prediction that the union would not strike against Detroit's automakers ahead of a Sept. 14 contract deadline was soundly rejected by UAW President Shawn Fain. White House Press Secretary Karine Jean-Pierre said Biden's comments about the UAW over Labor Day was him being "an optimistic person." The White House has tried to play a role in several recent large-scale union contract negotiations involving rail workers and West Coast port workers. Trump won Michigan in 2016, helping propel him to the White House; Biden beat him by 154,000 votes in Michigan in 2020. Around half a million more threatened strikes in the first half of 2023, estimates from national labor unions show.

Persons: Joe Biden's, Biden, Biden's, Shawn Fain, Fain, Karine Jean, Pierre, Kate Bronfenbrenner, Donald Trump, Trump, Joe Biden, Joshua Roberts, Harley Shaiken, Shaiken, Nandita Bose, David Shepardson, Joseph White, Heather Timmons, Deepa Babington Organizations: UAW, Biden's Labor, Detroit's, House Press, Labor, General Motors, Ford, carmakers, Anderson Economic, Cornell University's School of Industry & Labor Relations, White House, Wednesday, Workers, Republican, Michigan, State Labor, Metal Workers, Local, REUTERS, University of California, Bureau of Labor Statistics, EV, White, Energy Department, Teamsters, UPS, House, Thomson Locations: Detroit, America, Pennsylvania, Michigan, West Coast, Philadelphia , Pennsylvania, U.S, Berkeley, Michigan , Ohio , Indiana , Illinois, Belvidere , Illinois, Washington

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