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On Monday, Israel intensified its air campaign on Hezbollah, launching “extensive strikes” targeting the Iran-backed militant group in Lebanon. It is unclear how many of the casualties were civilians or Hezbollah militants, but many of the locations described by Israel as Hezbollah targets are also residential neighborhoods and villages. The nearly 500 killed on Monday alone is roughly half the number of Lebanese killed throughout the entire 34-day war between Israel and Hezbollah in 2006. Why is Israel attacking Lebanon? The US believes that neither Israel nor Hezbollah are interested in a full-scale war, but a major concern is that Iran, a key backer of Hezbollah, will get involved, US officials told CNN.
Persons: CNN — Israel, Benjamin Netanyahu, Israel, Isarel, Daniel Hagari, Mahmoud Zayyat, Amos, Stringer, Mohamed Hamayda, Firass Abiad, ” Hagari, Netanyahu, Fadel Itani, , Halevi, Leon Panetta Organizations: CNN, Hezbollah, Getty, Ramat, United Nations General Assembly, Reuters, Agence France, Presse, Lebanon’s, Hamas, UN Security Council, Former US Defense, CIA, UN, Assembly, State Department Locations: Lebanon, Israel, Iran, Lebanon’s, Syria, Lebanese, Sidon, AFP, Tyre, Beirut, Meggido, Afula, Deir, Gaza, Palestinian, Tehran, Yemen, Iraq, Beirut's, , Qatar, France, New York, United States
The Pre-Market Rundown: September 24, 2024
  + stars: | 2024-09-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNews Update – Pre-MarketsCNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
Reuters —Russia appears to have suffered a “catastrophic failure” in a test of its Sarmat missile, a key weapon in the modernization of its nuclear arsenal, according to arms experts who have analyzed satellite images of the launch site. It’s a big hole in the ground,” said Pavel Podvig, an analyst based in Geneva, who runs the Russian Nuclear Forces project. A September 21 satellite image shows a closer view of the launch site after the apparent launch failure. Maxar TechnologiesIISS analyst Wright said a test failure did not necessarily mean that the Sarmat program was in jeopardy. “However, this is the fourth successive test failure of Sarmat which at the very least will push back its already delayed introduction into service even further and at most might raise questions about the program’s viability,” he said.
Persons: Maxar, , Pavel Podvig, Timothy Wright, James Acton, Vladimir Putin, Satan, Putin, Sergei Shoigu, Wright, Moscow –, Nikolai Sokov Organizations: Reuters, Plesetsk, Russian Nuclear Forces, International Institute for Strategic Studies, Carnegie Endowment, International Peace, Technologies, SS, Design, Moscow Institute of Thermal Technology Locations: Russia, United States, Europe, Geneva, London, Ukraine, Moscow, Plesetsk, Arkhangelsk, Russian, Soviet
Sam Altman says he likes to take notes using pen and paper. Altman says he prefers to use a spiral notebook because he can rip its pages out when needed. The OpenAI chief said he uses pens from Uni-Ball and Muji to jot things down. Go to newsletter preferences Thanks for signing up! AdvertisementOpenAI CEO Sam Altman likes to take notes the old-fashioned way — using pen and paper.
Persons: Sam Altman, Altman, , David Perell, Perell Organizations: Uni, Service, Business
September 23, 2024: Ryan Murphy defends "Monsters." Ryan Murphy at the "Monsters: The Lyle And Erik Menendez Story" premiere. Steve Granitz/Film Magic/Getty ImagesCommenting on Erik Menendez's statement, Murphy told Entertainment Tonight on September 23: "I think it's interesting that he's issued a statement without having seen the show. It's really, really hard — if it's your life — to see your life up on screen. Referring to a 1950s Japanese crime thriller that tells the story of a murder from different perspectives, Murphy added: "It's a 'Rashomon' kind of approach, where there were four people involved in that.
Persons: Ryan Murphy, Lyle, Erik Menendez, Steve Granitz, Erik Menendez's, Murphy, he's Organizations: Entertainment
Tuesday, September 24, 2024: Here's which Club holdings have the most exposure to ChinaGo behind the scenes with Jeff Marks of the CNBC Investing Club as he talks candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust—and see up close how The Club decides when, and if, to take action on stocks.
Persons: Jeff Marks Organizations: China Go, CNBC, Club, Trust Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Tuesday's full episode of Fast Money — September 24, 2025"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.
Persons: Melissa Lee
Morgan Stanley is now looking ahead at the perfect mixture of conditions for a strong fourth quarter. The firm is squarely focused on an improvement in the labor market driving the best possible returns. AdvertisementThe Federal Reserve nailed the rate-cut scenario that Morgan Stanley called its best-case result leading into the decision. Heading into last week's announcement, Morgan Stanley was looking for a 50-basis-point cut that didn't also stoke worries about unnecessary growth. To be sure, job conditions are not the only thing Morgan Stanley is watching.
Persons: Morgan Stanley's, Morgan Stanley, , didn't, Mike Wilson, Wilson Organizations: Federal, Service, Reserve, stoke, Bank of America, Conference Board
The Pre-Market Rundown 2: September 24, 2024
  + stars: | 2024-09-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Pre-Market Rundown 2CNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
CNN —Hurricane John struck Mexico’s southern coast on Monday night after rapidly strengthening into a major Category 3 storm, triggering warnings of ‘life-threatening’ floods and mudslides. Oaxaca state is a popular tourist spot known for its beautiful landscapes and beaches. Fishermen return to shore ahead of the arrival of Hurricane John in Salina Cruz, Oaxaca State, Mexico, on September 23, 2024. The Salina Cruz Port is seen closed ahead of the arrival of Hurricane John in Salina Cruz, Oaxaca State, Mexico, on September 23, 2024. The rainfall could cause a life-threatening storm surge, producing significant coastal flooding near the landfall location, the National Hurricane Center said.
Persons: John, Hurricane, Rusvel Rasgado, Ana Aldai, Organizations: CNN, National Hurricane Center, Getty, Associated Press, AP Locations: Mexico’s, Marquelia, Guerrero, Mexican, Chiapas, Oaxaca, Salina Cruz, Oaxaca State, Mexico, AFP, Puerto Escondido, Salina Cruz Port
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. There was a brief period during the pandemic and the years after it when hybrid work, four-day workweeks, and flexible hours gave employees more power than ever before. And now, employee surveillance is on the rise. "That might create high staff turnover rates," he said, "and there are all sorts of costs associated with recruiting staff." Overall, Kayas held that whether staff surveillance is good or bad, or right or wrong, comes down to whether you're asking the employee or the employer.
Persons: , JPMorgan Chase, Leo Lukenas III, BofA, Oliver Kayas, Kayas Organizations: Service, Business, Street Journal, Bank of America, JPMorgan, of America, Army, Liverpool John Moores University, Citigroup
Nvidia stock closed 4% higher on a report that CEO Jensen Huang is done selling shares. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNvidia shares climbed as much as 5% on Tuesday as Barron's reported CEO Jensen Huang is done with planned sales of stock. According to an SEC filing from September 18th, the executive holds over 75 million worth of Nvidia common stock; that's aside from another 785 million held through various trusts and partnerships.
Persons: Jensen Huang, Huang, Organizations: Nvidia, Service, SEC, Microsoft
Investors are parsing through data and Fed commentary to determine future rate cuts. On Tuesday, Fed Governor Michelle Bowman explained why she dissented against a deep cut in September. Go to newsletter preferences Thanks for signing up! Both indexes closed at all-time highs on Monday amid rising outlooks that the Federal Reserve will deliver another half-point interest rate cut in November. To better understand where monetary policy may be headed after the Fed's first rate cut in four years, investors are tuning into Fed commentary and parsing through incoming data.
Persons: Michelle Bowman, , dovish, Michelle Bowman's, Bowman Organizations: Service, Dow Jones Industrial, Federal Reserve, Fed, Richmond, Here's Locations: Kentucky
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
The Australian dollar hovered close to its highest level of the year on Tuesday, with the central bank set to hold policy steady later and traders focused on any hints of potential near-term easing. The Australian dollar hovered close to its highest level of the year on Tuesday, with the central bank set to hold policy steady later and traders focused on any hints of potential near-term easing. The yen edged up to 143.45 per dollar, but remained close to the center of its September range of 147.20 to 139.58, a more than one-year peak reached on Sept. 16. The yen has retreated amid waning bets for aggressive tightening by the BOJ, particularly after governor Ueda struck a cautious tone of Friday, saying the central bank would spend some time monitoring global growth risks. The BoE kept rates unchanged last Thursday, with its governor saying the central bank had to be "careful not to cut too fast or by too much".
Persons: Kazuo Ueda, , Pan Gongsheng, Ueda, Sterling, BoE Organizations: U.S, Bank of Japan, Bank of England, Federal Reserve, European Central Bank, Reuters, Commonwealth Bank of Australia, People's Bank of China, P Global Locations: China
Two of Walz’s false claims are related to Project 2025, the Heritage Foundation think tank’s detailed right-wing blueprint for the next Republican administration. Project 2025 has been the subject of multiple false or misleading claims from Vice President Kamala Harris’ campaign this summer. Project 2025 does not propose to make people register with any federal agency when they get pregnant. Project 2025 is firmly anti-abortion; it proposes, among other things, to criminalize the mailing of abortion medication and devices. In fact, Vance made the comment before Project 2025 was even created.
Persons: Tim Walz, Sen, JD Vance, Ohio, Donald Trump ., Kamala Harris ’, Walz, Trump, , , ” Walz, Roger Severino, ” –, Walz didn’t, , Vance, Harris Organizations: Washington CNN, Minnesota Gov, Democratic, Republican, Heritage Foundation, Trump, for Disease Control, Prevention, CDC, Department of Health, Human Services, United States Agency, International Development’s, Gender, , Women, USAID, ” CNN, Federal, Biden Locations: North Carolina, Wisconsin, Minnesota, Pennsylvania, Raleigh , North Carolina
Read previewA Ukrainian battalion shared nighttime footage of one of its "dragon drones" breathing fire on a Russian position in Ukraine, setting a line of trees ablaze. This story is available exclusively to Business Insider subscribers. Nighttime footage of a Ukrainian dragon drone covering a Russian-held treeline with molten thermite, setting multiple Russian positions ablaze. However, news reports suggest Russia may also have produced its own version of the "dragon drone," DW reported. AdvertisementJames Patton Rogers, a drone expert and executive director of the Cornell Brooks Tech Policy Institute, told Business Insider this month that the tactic can force a retreat.
Persons: , it's, James Patton Rogers, Patton Rogers Organizations: Service, 205th, Territorial Defense Forces, Business, 241st, 92nd Assault Brigade, Russian, Deutsche Welle, Cornell Brooks Tech Policy Institute Locations: Ukraine, Ukrainian, Russian, Zaporizhzhia, Ukraine's, Donetsk, Kursk, Russia
Now that the Fed has cut rates, mortgage rates have generally held steady. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates have been holding steady at around 5.70%, according to Zillow data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. Now that the Fed has cut rates, mortgage rates may not drop further for the rest of the month.
Persons: you'll, Freddie Mac, it's, they've Organizations: Federal, Zillow, Fed Locations: Chevron
CNN —American gymnast Jordan Chiles’ legal team has submitted a new application in the Federal Supreme Court of Switzerland over the decision that led to her losing an Olympic bronze medal, pointing toward new video evidence that Chiles’ lawyers say proves her case. Chiles’ attorneys say that a documentary crew has video and audio recordings to prove Chiles’ case. Romanian gymnast Ana Bǎrbosu appeared to have locked up the bronze medal after Chiles finished her routine. That decision led to the International Olympic Committee (IOC) handing the bronze medal to Bǎrbosu. Chiles’ latest filing follows an earlier filing, from September 16, where Chiles opted to appeal CAS’ decision to the Federal Supreme Court of Switzerland.
Persons: Jordan Chiles, Chiles, ” Chiles, USAG, , Cecile Landi, Jordan, , ” USAG, Amanda Perobelli, Reuters Chiles, Ana Bǎrbosu, Jordan’s Organizations: CNN, Federal, Sport’s, Jordan Chiles’s, FIG, ” CNN, Reuters, Olympics, Sport, International Olympic Committee, United States Olympic, Paralympic Locations: Switzerland, Paris, Romanian, American
CNN —Hurricane John struck Mexico’s southern coast on Monday night as a Category 3 storm after rapidly strengthening in the Pacific, triggering warnings of “life-threatening” floods and mudslides. John has since weakened to a tropical storm and is slowing as it moves northwest of the coastal city of Acapulco in Oaxaca state. Fishermen return to shore ahead of the arrival of Hurricane John in Salina Cruz, Oaxaca State, Mexico, on September 23, 2024. The Salina Cruz Port is seen closed ahead of the arrival of Hurricane John in Salina Cruz, Oaxaca State, Mexico, on September 23, 2024. The government of Mexico has as changed the hurricane warning from east of Acapulco to Lagunas de Chacahua to a tropical storm warning.
Persons: John, National Hurricane Center . John, Hurricane, Rusvel Rasgado, Ana Aldai, , Chacahua Organizations: CNN, National Hurricane Center ., National Hurricane Center, Getty, Associated Press, AP Locations: Mexico’s, Marquelia, Guerrero, Acapulco, Oaxaca, , Mexico, Salina Cruz, Oaxaca State, AFP, Puerto Escondido, Salina Cruz Port, Lagunas, Chiapas
Smoke billows over southern Lebanon following Israeli strikes, amid ongoing cross-border hostilities between Hezbollah and Israeli forces, as pictured from Marjayoun, near the border with Israel, September 23, 2024. Israel struck Hezbollah targets in southern Lebanon and the Iran-backed group attacked military facilities in northern Israel on Tuesday, increasing fears of a full-blown conflict after Lebanon suffered its deadliest day in decades. Israel's military said it hit dozens of Hezbollah targets overnight, a day after carrying out airstrikes against the armed group which Lebanese authorities said killed nearly 500 people and sent tens of thousands fleeing for safety. Hezbollah said it targeted several Israeli military targets overnight including an explosives factory 60 km (37 miles) into Israel, which it attacked with Fadi rockets around 4 a.m. (0100 GMT). It said it also attacked the Megiddo airfield near the northern Israeli town of Afula three separate times overnight.
Persons: Israel, Najib Mikati's, Israel's, Yemen's Houthis Organizations: Fadi, United Nations General, UN, Assembly Locations: Lebanon, Marjayoun, Israel, Iran, Megiddo, Afula, Gaza, New York, U.S, Iraq, Beirut, fester
At risk of collapsing before the year is out, the new lineup will have to do a delicate dance with the far right in order to survive. By pandering to the right, Macron hopes his government can safeguard his legacy after the left pledged to repeal some of his key policies, such as controversial pension reforms. New faces include veteran conservative Bruno Retailleau at the interior ministry whose hardline stance on immigration appeals to the far right. The president – a former left-wing minister – is now beholden to the support of the far right. Yet in this summer’s snap election, they are the very group Macron tried to keep out of government through his party’s “cordon sanitaire” voting alliance with France’s left.
Persons: Emmanuel, Macron, Michel Barnier, Barnier, Bruno Retailleau, Dimitar Dilkoff, Jean, Luc Melenchon, Jordan Bardella, , , France’s Organizations: Paris CNN —, Front, National, Getty Locations: Paris, AFP
Singapore's former transport minister S. Iswaran arrives at the Supreme Court in Singapore September 24, 2024. The case has gripped the wealthy city-state which prides itself on having a well-paid and efficient bureaucracy as well as strong governance. Iswaran, who joined the cabinet in 2006, is the first Singaporean minister to be tried in court. Singapore's former Transport Minister S. Iswaran has pleaded guilty to receiving gifts while in office, local media reported, as proceedings began on Tuesday in a rare graft trial involving a state official in this Asian financial hub. The last corruption case involving a Singaporean minister was in 1986, when the national development minister was investigated for allegedly accepting bribes.
Persons: Iswaran, Ong Beng Seng, Ong, NewsAsia Organizations: Prosecutors, CNA, English Premier League soccer, Singapore Locations: Singapore
For the third quarter, the S & P 500 has popped 4.7%, while the Dow is higher by 7.7%. "The bond market has the fed funds rate being cut below 3% in 2025," Johnston, the firm's head of derivatives and cross asset strategy, wrote in a note Monday. On Monday, S & P Global said its U.S. manufacturing purchasing managers' index fell to a 15-month low in September — while its services sector gauge showed expansion. He likes put spreads on the SPDR S & P 500 ETF Trust (SPY) expiring Oct. 31. If history is any guide, it'll most likely be the bond market.
Persons: Cantor Fitzgerald's Eric Johnston, Johnston Organizations: Dow Jones, Federal Reserve, Dow, P Global, Trust Locations:
Boeing is offering a 30% wage hike to its employees in a new proposal. Workers started striking on September 13 after rejecting a wage increase offer. AdvertisementOn Monday, Boeing brought another offer to the table and increased its wage proposal for the 32,000 employees who went on strike on September 13. In the new proposal, the planemaker is offering a 30% wage increase over four years, an increase from the previous 25% hike. In its previous proposal, Boeing offered workers a $3,000 bonus if they signed the contract.
Persons: Organizations: Boeing, Workers, Service, Friday, Business
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