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Barnett says the amount of research she and Andrews poured into their relocation project prompted them to start their own travel company, Expatsi, to help other Americans explore their options to move abroad. Launching a travel company for American expatsBarnett and Andrews went back to basics to figure out what city to live in. In March 2024, Barnett and Andrews led a group of 30 Americans around Portugal for 10 days and Spain for 12 on their inaugural Expatsi scouting trip. Americans who dream of moving abroad are getting help from travel companies like Expatsi, which offers scouting trips to international cities. So far, Expatsi travelers have mostly been women ranging in age from 22 to 80 with a cluster around 40 to 65, Barnett says.
Persons: Brett Andrews, Jen Barnett, Barnett, Andrews, expats Barnett, We've, Roe, Wade, Expatsi, Expatsi's, Joe Biden, Donald Trump Organizations: U.S ., U.S, Portugal, CNBC, Google Locations: Alabama, Mexico, Birmingham , Alabama, Canada, Vancouver, U.S, Cigna, Portugal, Spain, France, Italy
Read previewThe talk show host Ellen DeGeneres has long been considered a beloved celebrity for her friendly and funny public demeanor. "Maybe I'm being naive, but I expected them to welcome me with confetti: Welcome to 'The Ellen DeGeneres Show'!" Next thing we know, we literally hear Steve Jobs pick up and say, 'Hi, Ellen' … Ellen told him the iPhone should have a bigger font," the producer said. I have been getting calls asking me about the Ellen Degeneres Show and I would like to address the time I spent there. AdvertisementPaytas appeared on "The Ellen DeGeneres Show" in 2010 when she was 22 years old to showcase her speed-reading talent during an audience talent segment.
Persons: , Ellen DeGeneres, Nikkie de Jager, DeGeneres, NikkieTutorials, vlogger, de Jager, hadn't, van, Sebastian Williams, van Nieuwkerk, YouTuber, De Jager, Pop Crave, Ellen, Jonas, Kevin T, Porter crowdsourced, you've, Portia de Rossi, wouldn't, didn't, X weren't, I've, Kevin Winter, Stagehands, Jimmy Kimmel, John Oliver, Samantha Bee, Ellen DeGeneres's, Jordan Strauss, Tom Majercak, Majercak, de Rossi, Steve Granitz, Steve Jobs, Jobs, Jane Lynch's, Katy Perry, Chris Pizzello, Ellen Show, Neil Breen, Breen, Richard Wilkins, she'll, Richard, you'll, Neil, She'll, I'd, I'm, Raymond, Brad Garrett, Garrett, Lea Thompson, Scooter Braun, Kevin Mazur, Braun, Justin Bieber, Ariana Grande, Andy Lassner, James Corden, Corden, Hedda Muskat, Joshua Blanchard, Patrick McMullan, Ed Glavin, Mary Connelly, Muskat, Glavin, Ed, Tony Okungbowa, Okungbowa, Ellen Degeneres, Tony okungbowa, Dakota Johnson, Johnson's, Johnson, that's, Craig, Trisha Paytas, Christopher Polk, YouTuber Trisha Paytas, H3H3, Ethan Klein, Paytas, Ashton Kutcher, Kutcher, De Rossi, Ryan Phillippe, haven't, Jim Spellman, WireImage, Thompson, Phillippe, Jennifer Aniston, Billie Eilish, Greyson Chance, Gaga's, Chance, Stone, she'd, Rolling Stone, would've, It's, Tasos Katopodis, SFGate, Libby Torres Organizations: Service, Business, C Magazine, YouTube, Los Angeles Regional Food Bank, Variety, Warner Bros, Television, ABC, Fox News, New York Post, New York, Producers, AP, BuzzFeed, The Hollywood, British, Twitter, Sun, NBC, Getty, CDC, Centers, Disease Control, West Hollywood, Netflix Locations: Dutch, California, Australian, Melbourne, Dakota, West
He favors small-cap, mid-cap, and quality stocks over the Big Tech mega-caps leading the market rally for three reasons. One is that the earnings winning streak that Magnificent Seven stocks have enjoyed is simply difficult to keep going. In the first quarter of this year, Magnificent Seven earnings grew by 50% annualized year-over-year, according to Ned Davis Research. Wall Street estimates Magnificent Seven earnings will grow by 28% year-over-year in Q2. When it comes to innovating and adapting, small and mid-cap companies' size gives them a relative advantage.
Persons: , Larry Kochard, Ned Davis, Kochard, reinvesting, It's, it's Organizations: Service, Big Tech, Capital Management, Business, Ned Davis Research, Wall, The, Apple, Google, Microsoft, Nvidia, European Union, Quality
So, what can set you apart from a sea of Apple candidates? We asked an Apple employee and four tech career experts and recruiters. The interview process at Apple is "generally straightforward," Theresa Park, a former creative recruiter at the company, said. Related storiesOne Reddit user said that during a monthlong interview process as a software engineering candidate, he was asked to design a vending machine. According to posts on the anonymous employee forum Blind, some Apple recruiters might even disclose the exact questions that will be asked in an interview.
Persons: , Apple, Dan Ives, Marc Cenedella, Daniel Harten, Harten, Theresa Park, Glassdoor, Tim Cook, Cook, Leander Kahney, Greg Joswiak, Apple's, Kahney, Arianny Mercedes, Park, they've, Cenedella, Apple didn't Organizations: Service, Apple, Apple Intelligence, Business, Big Tech, American Express Locations: tooting, Munich
Wells Fargo Why we own it : We bought Wells Fargo as a turnaround story under CEO Charlie Scharf. We are more excited by the outperformance of non-interest income than we are disappointed with the miss on net interest income. However, the team added, many of the factors driving net interest income are uncertain heading into the second half of the year. We don't like to see guidance misses, but bank interest income estimates depend on interest rates, which Wells Fargo has no real control over. Non-interest income increased 12% thanks to higher asset-based fees driven by an increase in market valuations.
Persons: Wells Fargo, Wells, Charlie Scharf, He's, Scharf, Wells Fargo's, , It's, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Wells, Bank of America, Citigroup, Management, Silicon Valley Bank, Consumer, Auto, Corporate, Wealth, CNBC, Getty Locations: Wells Fargo, Wells, NII, Silicon
Dave Sekera, chief US market strategist at Morningstar, says that he’s watching for insights on banks’ delinquency rates. Consumers have increasingly fallen behind on or missed payments in recent months as they get squeezed by high interest rates. But banks could see higher losses compared to 2023 if the economy were to experience a downturn, the Fed warned. Investors are wagering that the central bank will begin easing rates as soon as September, according to the CME FedWatch Tool. “The worst outcome for all of us is what you call stagflation: higher rates and recession,” Dimon said in an interview with CNBC.
Persons: Wells Fargo, Goldman Sachs, Dave Sekera, Stocks, JPMorgan Chase, Jamie Dimon, Dimon, Matt Egan, it’s, , Joe Brusuelas, Mark Zandi, ” Zandi, , Jerome Powell, Erika Tulfo, “ It’s, Neil Saunders, Abrigo, Gen Organizations: CNN Business, Bell, New York CNN, United, United States ’, JPMorgan Chase, Citigroup, Bank of America, Morningstar, Federal Reserve Bank of New, Fed, Federal Deposit Insurance Corporation, JPMorgan, CNBC, Federal, RSM, , Moody’s, CNN, GlobalData, Apple Locations: New York, United States, Federal Reserve Bank of New York, China
Millionaires are leaving Hong Kong, but its art scene is booming
  + stars: | 2024-07-11 | by ( ) www.cnbc.com   time to read: +13 min
Narration: Home to a host of financial institutions, Hong Kong is one of the world's wealthiest cities. The Hong Kong Art Gallery Association recorded a 27% increase in member galleries between 2021 and 2023. Nicolas Chow: Chinese art and ancient Chinese art is really at the genesis of Sotheby's Hong Kong when we came here. Angelle Siyang-Le: We firmly believe that Hong Kong is the best place to do art business in Asia, Hong Kong is a natural melting. Emily Tan: That's all from Hong Kong – join us next time in a new city as we explore 'The Art of Appreciation.'
Persons: , Nicolas Chow, Emily Tan, we've, they've, It's, Emperor Chen, Chen, it's, I'm, who'll, she's, Mak2, Allison Cheung, Angelle, Hong Kong, they're, Emily, Hong Kong – Organizations: Hong, Hong Kong Art Gallery, Asia, Art, Basel, Art Basel Locations: Hong Kong, Asia, Art Basel, Sarthe, Hong Kong's, Swiss, Basel, Miami, Paris, Hong, US, Australia, Switzerland, France, Southeast Asia, Korea, Mak2, Sims
Deep beneath the town hall in Arles, France, past some unassuming service counters and down several flights of narrow steps, the artist Sophie Calle has buried some things that she can’t bear to part with. This year’s edition of the Rencontres, which runs through Sept. 29, is titled “Beneath the Surface,” and Calle’s contribution takes place in a labyrinthine series of underground caverns bisected by long arched balustrades. The shadowy walkways and damp, moldy atmosphere are ideal for her project, in which she displays works from her storeroom that were damaged in a storm. Advised by restorers to destroy them, she decided instead to give them a subterranean afterlife. And so, the works are now “buried” in Arles, where they continue to decompose, but have not, at least, been forsaken.
Persons: Sophie Calle, restorers, Locations: Arles, France
Welcome to summer! Body-shaming is everywhere
  + stars: | 2024-07-11 | by ( Madeline Holcombe | ) edition.cnn.com   time to read: +7 min
Comfort and connectionIn addition to all the messages about what people should look like, the physical sensations of summer often bring increased attention to people’s bodies, Campos said. For a better relationship with your body this summer, Campos recommends finding ways to connect with yourself in more enjoyable ways. “That is a connected moment where I can say, ‘This feels good in my body,’” Campos said. “When somebody’s having a hard body image day … I want them to check in about what else is going on,” she said. “You might feel better, but it doesn’t actually change anything in your body.
Persons: they’re, , Rebecca Moravec, Bri Campos, Campos, “ You’re, ’ ” Campos, Moravec, Whitney Trotter, you’ll, Jordi Salas, ” Moravec, , I’m, Trotter, ” Trotter Organizations: CNN, Getty Locations: Denver, Paramus , New Jersey, Austin , Texas
Read previewRussian submarines have surfaced on the doorsteps of the US and other NATO allies in recent weeks. AdvertisementA Russian submarine photographed by a P3 Maritime Patrol Aircraft while sailing in the Baltic Sea. NATO Maritime CommandA few weeks later, a Portuguese P-3 Orion anti-submarine warfare and maritime surveillance aircraft captured photos of a Russian submarine operating in the Baltic Sea. The photographs showed the Russian sub surfacing in the water and were shared by NATO on X. The Russian nuclear-powered submarine Kazan, part of the Russian naval detachment visiting Cuba, leaves Havana Harbour.
Persons: , Gorshkov, Bryan Clark, Greg L, Davis, Tom Shugart, YAMIL LAGE, Clark, Russia wasn't Organizations: Service, NATO, Business, Maritime Patrol Aircraft, NATO Maritime Command, US Navy, Hudson Institute, US, Bureau, Air, Squadron, Submarine, Center, New, New American Security, Caliber, YAMIL, Getty Locations: Kazan, Russian, Cuba, Havana, Baltic, Portuguese, Russia, New American, Havana Harbour, AFP, Portugal, Novorossiysk, Dmitrov
If you could use a free hotel stay this year, consider signing up for the no-annual-fee Marriott Bonvoy Bold credit card. This is the best offer we've ever seen on the Marriott Bonvoy Bold® Credit Card , which is the only option out of six Marriott Bonvoy credit cards that doesn't come with an annual fee. Marriott credit cards only earn Bonvoy points, so they're not a good fit for anyone seeking a well-rounded travel rewards credit card. Only offers strong rewards for Marriott purchases Insider’s Take The Marriott Bonvoy Bold® Credit Card comes with an increased limited-time welcome bonus and good perks for a no-annual-fee card, but unless paying an annual fee is a dealbreaker for you, other Marriott cards — like the Marriott Bonvoy Boundless® Credit Card , Marriott Bonvoy Brilliant® American Express® Card, or Marriott Bonvoy Business® American Express® Card — are a better deal. Marriott Bonvoy earning ratesSpeaking of earning Bonvoy points, Marriott Bonvoy Bold® Credit Card cardholders can now earn twice as many rewards on several common household categories.
Persons: Bold, Cardholders, they're, cardholders, Marriott Organizations: Business, Marriott, Gold Locations: Marriott, Maldives, Regis New York
Pfizer on Thursday said it will move forward with a once-daily version of its weight loss pill, danuglipron, after it saw "encouraging" data in an ongoing early-stage trial. Pfizer is one of several drugmakers racing to win a slice of the market for a highly popular class of weight loss and diabetes drugs called GLP-1 agonists. At the time, the pharmaceutical giant said phase one trial data on the once-daily version would "inform a path forward." Pfizer's danuglipron is a GLP-1 that promotes weight loss in the same way as Novo Nordisk' s injection Wegovy and diabetes treatment Ozempic. But he said Pfizer was looking for potential licensing deals or earlier-stage weight loss drugs.
Persons: Albert Bourla, Pfizer's, Eli Lilly, Bourla, Mikael Dolsten, Dolsten Organizations: Pfizer, Novo Nordisk, U.S
As a way to dissociate from political news, I’ve spent the past week mainlining stories about the Dallas Cowboys Cheerleaders; it started when I binged the new Netflix docuseries “America’s Sweethearts,” which follows the women trying out and training for the 2023-2024 squad. I’m a New York Jew who got kicked out of ballet class when I was 4 because I lacked any discernible talent or interest. So I didn’t expect to fall in love with a show that is so steeped in Southern and dance culture. Because the newbies are competing for positions against veterans, the acceptance rate in any given year can be comparable to that of an Ivy League school. The seven episodes of the Netflix series weren’t enough for me.
Persons: I’ve, I’m, Caitlin Dickerson, Reece, , Organizations: Dallas Cowboys Cheerleaders, Netflix, Jew, Ivy League, Cowboys, CMT Locations: New
A handful of states, including Texas and Nevada, have set up dedicated systems designed to restore tenants to their homes after an illegal lockout. She and her family still don't have a new apartment, she said, and the eviction cases on her record don't help. BI reviewed two years' worth of lockout cases from the department and found city lawyers routinely dismissed tickets, often without documenting why. Bridget Bennett for Business InsiderThat afternoon, Brown had three cases on his docket in which tenants were alleging they'd been illegally locked out and dozens of cases in which landlords were seeking formal evictions. In 2022, Miami-Dade County passed a tenant's bill of rights that underlines the illegality of lockouts and limits a landlord's ability to harass tenants.
Persons: Henisha Dunn, Dunn, Zion Griffin, Griffin, Dunn's, Alyssa Pointer, , Caryn Schreiber, Paul Panusky, He's, Jeffrey Uno, Uno, David Brogan, Griffin's, didn't, Brandon Johnson, Abel Uribe, Rolando Quebrado, lockouts, Quebrado, Pangea, Troy Marr, Marr, James Byczek, Byczek, Michael Dudek, wasn't, Dudek, Marr's, lockouts that's, David Brown, Bridget Bennett, Brown, they'd, They're, doesn't, Dana Karni, Karni, Brooke Boyett, Harris, Marlon Coleman, Coleman, Shay Awosiyan, Mr, Awosiyan, he'd, Callaghan O'Hare, Schreiber, Jay Trumbull, Trumbull, Tom Butler, Ron DeSantis, Joe Raedle, Florida's, Austin, Coleman's Organizations: Business, BI, Survey, Department of Justice, Legal, Foundation of Los, New, Apartment Association, Atlanta Legal, Chicago police, Police, Chicago, Nevada Business, Regional Justice Center, Las Vegas Regional Justice Center, Las Vegas Justice, Justice, Lone Star Legal, Harris County's, Administration, Houston, Texas Excel Property Management, Houston Police Department, Excel's Villa Nueva, Texas Excel, Apartments, Republican, Florida Realtors, Gov Locations: Georgia, New Jersey, Minnesota, California, Texas, Nevada, New York, Atlanta, Michigan, Foundation of Los Angeles, Fulton County, Chicago, Chicago's Jefferson, They're, Las Vegas, Harris County, Houston, In Texas, Harris, Greater Inwood, Miami, Dade County, Florida, Dallas, Applebee's
Still, the industry largely saw strong monthly job gains following the losses it faced early on in the pandemic, averaging 205,000 jobs a month in 2021. Data out Friday from the Bureau of Labor Statistics showed this industry saw a month-over-month job gain of 7,000; the overall nonfarm payroll job gain in June was 206,000. The industry has historically had higher rates of quits and job openings than the overall labor market, per the Job Openings and Labor Turnover Survey. Additionally, the healthcare and social assistance sectors have seen robust job growth and likely will be looking for job seekers long-term. AdvertisementThe overall tougher labor market still has potential for job seekers.
Persons: , switchers, Julia Pollak, " Pollak, Pollak, Nick Bunker Organizations: Service, Business, Bureau of Labor Statistics, Labor, BLS, Healthcare, North America Locations: Federal
But the program has since moved to another station, and its legacy in San Diego is a faint, fond memory. AdvertisementWith such a rich history of aerial dynamism, it's no surprise that San Diego has become a major hub of this technology. Defense, AI, and a warming reception from VCsLong before AI became a household buzzword, Shield AI launched in San Diego. AdvertisementBut San Diego seemed to be a better fit with its access to open land and proximity to the ocean. That pipeline continues to feed into the San Diego tech ecosystem, feeding and driving the aerial innovation it has become known for over a century.
Persons: , Tom Cruise, Larsen Jensen, Palmer Luckey's Anduril, Brandon Tseng, VCs Long, Tseng, Ryan, presciently, Hivemind, It's, shouldn't, Jensen, Ian Muceus, Muceus, we've, Firestorm's, Firestorm, Glenn Curtiss, Grant Jordan, Andreessen Horowitz, — Jordan, Jordan, SkySafe, Tim Draper, Aleksey Matyushev, Matyushev, Oakland — Natilus, Natilus, General Atomics, Northrop Grumman, Lockheed Martin Organizations: Service, Kawasaki Ninja, hotshot Navy, US Naval Air Station, Business, Navy, Harpoon Ventures, Defense, aha, Navy SEAL, US Department of Defense, Coast Guard, Air Force, Marine Corps, BAT, SpaceX, Marque Ventures, Silent Ventures, US Navy, Soma, Oakland, San Diego International Airport, Brown Field Municipal, Northrop, Lockheed Locations: San Diego, Miramar, Diego's, Diego, Afghanistan, Persian, Israel, Caribbean, Bay, San Diego Bay, West, San Jose, San Francisco, Central Valley, Vallejo, Kona
He reasoned that while higher interest rates were a concern, solid earnings growth would keep stocks afloat. Since then, the S&P 500 has rallied 11.1% off its early May lows and extended its year-to-date surge to 16.9%. Since UBS GWM is neutral on US stocks, Lefkowitz recommends that investors keep their expectations in check and look for alternatives. Though not flashy, bonds boast attractive yields and should continue to rally if the Fed cuts rates this fall, according to UBS GWM. "We think investors should position for a lower interest rate environment and buy quality bonds, which have attractive yields and the potential for capital appreciation amid the potential for a deeper easing cycle," Marcelli wrote in the note.
Persons: , it's, David Lefkowitz, who's, Lefkowitz, We'll, that's, Donald Trump, Joe Biden, UBS GWM, seconding, Solita Marcelli, Marcelli, Trump Organizations: Service, UBS Global Wealth Management, UBS GWM's, Business, UBS GWM, Federal, Nvidia, UBS, White Locations: Washington
A combination of wedding deposits, inflation, and my laissez-faire spending habits meant I was unexpectedly dipping into my savings. To learn how, I spoke to Amanda Clayman, a financial therapist who hosts Fresh Produce Media's Audible series "Emotional Investment." I wrote down a few ideas on how I could assess my spending habits, which Clayman approved of. It ended up reassuring me about my spending habits and helping me find small, new ways to save. I've wanted to get into a craft like pottery, where I could even make more personal gifts.
Persons: , it'd, it'll, Amanda Clayman, Clayman, I'm, Julia Pugachevsky, recharges, Aperol spritzes, There's, I've Organizations: Service, Business Locations: New York City, Italy
The final minutes of a job interview — when the interviewer is done with their questions and opens up the floor — is time you don't want to waste. There's one question, in particular, that you should "always" ask in a job interview, says LinkedIn career expert Andrew McCaskill. With this question, you'll better understand what kind of learning curve you'll face and how your performance will be evaluated. This question can also help you prepare for any follow-up interviews. Take CNBC's new online course How to Ace Your Job Interview to learn what hiring managers are really looking for, body language techniques, what to say and not to say, and the best way to talk about pay.
Persons: , Andrew McCaskill, McCaskill, you'll Organizations: CNBC
What makes a beach read a beach read? Or is any book you read on a beach automatically a beach read? Please vote on which items you would most want included in a summery short story — your ideal beach read — and submit your own suggestion, too. I’ll then write a story that includes the top three vote-getters and two elements I choose from readers. ChatGPT, which will be told to write in my style, will complete its story in a few seconds; I’ll complete mine in a few weeks.
Persons: I’ve, I’ll
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. It was not easy to leave the comfort of my corner office, corporate perks, and awards and recognition at a big Wall Street bank. I felt like I needed to take a bigger leap and start my own thing, but I had no idea how to start a business. I don't go to the office much anymore, though most of my team chooses to go into the office. Had I stayed at a big Wall Street bank, I never would've been able to start my other businesses.
Persons: , Chad Willardson, Merrill Lynch, Morgan Stanley, Goldman Sachs, I've, it's, Warren Buffett Organizations: Service, Pacific, Business, UBS, LinkedIn, Entrepreneurship Locations: Orange County , California, Southern California
I committed to live a regret-free life or die trying. I want us to live regret-free lives we can feel proud of. And it's why I recently published my book, "You Only Die Once: How to Make It to the End With No Regrets." Regrets of omission tend to haunt us. Regrets of commission 'cool off over time'Also known as hot regrets, regrets of commission tend to feel intense at first.
Persons: , huff, I'd, Jodi Wellman Organizations: University of Pennsylvania's, University of Pennsylvania, Penn Resilience Locations: Kandy, Europe
Spain are the first nation through to the Euro 2024 final after beating France 2-1 in Munich. Spain are back in their first big tournament final since the golden generation which dominated from 2008 to 2012. Yamal celebrates with the Spain bench (Alex Livesey/Getty Images)Dermot CorriganFrance’s attack misfires againFor the first time, a Frenchman scored from open play for France. Despite their attacking options, including Dembele, Mbappe, Kolo Muani plus Bradley Barcola, Antoine Griezmann and Giroud from the bench, they could not summon a cutting edge. Their goalscorers were from the penalty spot, an own goal or Kolo Muani.
Persons: Didier Deschamps ’, Randal Kolo, Yamal, Dani Olmo, Olivier Giroud —, Liam Tharme, Dermot Corrigan, Peter Rutzler, Phil Hay, Luis de la, Fabian Ruiz, Nico Williams, Lamine Yamal, Alvaro Morata, Alex Pantling –, , Germany’s, Kolo Muani’s, — Williams, Kolo Muani, Germain, Ousmane Dembele, William Saliba’s, Aurelien, Jules Kounde, Liam Tharme Yamal, Adrien Rabiot, , Jesus Navas, Mike Maignan, despairingly, Dan Mullan, He’s, Alex Livesey, Dermot Corrigan France’s, misfires, Frenchman, Kolo, Bradley Barcola, Antoine Griezmann, Mbappe, Didier Deschamps, Justin Setterfield, Dani Vivian, Dembele, Deschamps, Deschamps ’, Matthias Hangst, Peter Rutzler Morata, Vivian ., Morata, Alex Brodie Organizations: France, Copa, The Athletic FC, La, Alex Pantling – UEFA, UEFA, Getty, Nations League, Paris Saint, PSG, Germany, Georgia, yesterday’s, Portugal, Mbappe, Morata Locations: Spain, Munich, , France, Berlin, Europe, Copa America, England, Netherlands, Paris, Mbappe, Jesus, Spanish, Belgium
Read previewOut of the 34 countries travel blogger Grace Cheng has visited, none has left such a lasting impression than Japan. AdvertisementCheng first visited Japan in 2017, and she's gone 11 times since then. "Tokyo is not Japan," Cheng said. "The best way to experience the streets and just get to know the country itself is just to get lost," Cheng said. "The best restaurants that I've found have come from stumbling upon them just walking the streets," she said.
Persons: , Grace Cheng, Cheng, she's, Sean Pavone, MIXA, it's, Rasmus Jurkatam, I've Organizations: Service, Business, International Trade Administration, Google Locations: Japan, NYC, Kyoto, Tokyo, Sapporo, Hokkaido, Osaka
Gold eases from May peak on profit taking
  + stars: | 2024-07-08 | by ( ) www.cnbc.com   time to read: +2 min
A view of ingots of 99.99 percent pure gold, which are placed in a workroom, at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on Sept. 15, 2023. Spot gold fell 0.4% at $2,382.17 per ounce as of 0346 GMT, after rising to its highest level since May 22 on Friday. Traders are also pricing in a rising chance of a second rate cut in December. Elsewhere, top consumer China's central bank refrained from gold purchases to its reserves for a second consecutive month in June. "China may have paused their gold purchases, but it remains in demand overall.
Persons: We're, Kyle Rodda, CME's, Jerome Powell's, Powell, Matt Simpson, bullish, Simpson Organizations: Novosibirsk Refining Plant, Capital.com, Federal, Fed Locations: Novosibirsk, Russia, China
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