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☆ Cassidy Hutchinson says a fellow Trump White House aide bragged about making it 'to the big leagues' after the Jan. 6 committee subpoenaed them
▼ + stars: | 2023-09-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Cassidy Hutchinson said a fellow Trump aide celebrated his January 6 congressional subpoena. We're officially in the big leagues," Hutchinson said Ben Williamson told her. AdvertisementAdvertisementIt turns out getting a congressional subpoena has an upside for some people, former Trump White House aide Cassidy Hutchinson wrote in her new book. 'Did you even notice I'm here?,'" Hutchinson wrote in her memoir "Enough" which was released on Tuesday. Hutchinson wrote that during her brief visit, Williamson also spoke to Meadows.

Persons: Cassidy Hutchinson, We're, Hutchinson, Ben Williamson, —, Mark Meadows, Williamson, Ben, swatting, seltzer, Meadows . Hutchinson, it's, Meadows, Debbie Organizations: Trump, Service, Trump White House, White House, Capitol, CNN Locations: Meadows .

☆ Three stocks to play as student loan repayment slashes borrowers’ budgets, Jefferies says
▼ + stars: | 2023-09-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +2 min

Federal student loan payments are coming back in October and a trio of stocks are set to shine as borrowers cut their spending, according to Jefferies. Payments on federal student loans had been paused since March 2020 as part of a package of Covid-era relief measures. A recent poll of about 630 U.S. consumers with student loan debt found that the majority expect to pay $500 or less each month, Jefferies found. Walmart beat Wall Street's estimates for sales and earnings in its fiscal second quarter and hiked its full-year earnings forecast. Shares have popped 21% this year, leaving analysts to only see 3% further upside from here, according to LSEG.

Persons: Jefferies, That's, Randal Konik, WMT, — CNBC's Michael Bloom Organizations: Jefferies, Walmart, Wall, Costco Locations: Maxx, HomeGoods, Sierra

☆ Mark Meadows said if he kept Trump out of jail he'd have 'done a good job' as Chief of Staff: Cassidy Hutchinson book
▼ + stars: | 2023-09-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Cassidy Hutchinson in her new book wrote that Meadows spoke of his desire to keep Trump out of jail. AdvertisementAdvertisementFormer White House aide Cassidy Hutchinson in her new memoir said that onetime White House chief of staff Mark Meadows told her that if he kept then-President Donald Trump out of jail, he'd be doing a "good job." AdvertisementAdvertisement"Cass, if I can get through this job and manage to keep [Trump] out of jail, I'll have done a good job," Meadows told Hutchinson, per her memoir. Meadows' tenure in the White House ended in January 2021, after Trump departed the White House to make way for incoming President Joe Biden. Nearly three years removed from the White House, Trump now faces four criminal indictments.

Persons: Cassidy Hutchinson, Meadows, Trump, Hutchinson, —, Mark Meadows, Donald Trump, he'd, Cass, Joe Biden, Ron DeSantis, Nikki Haley Organizations: Meadows, Service, White House, Republican, Capitol, White, Trump, Gov Locations: Meadows, Georgia, Carolina, Fulton County, Florida, South Carolina

☆ Dollar at 10-month top as U.S. yields spike, yen slides
▼ + stars: | 2023-09-26 | by ( ) www.cnbc.com time to read: +3 min

The dollar stood by 10-month highs against a basket of major currencies on Tuesday, supported by U.S. bond yields scaling 16-year peaks, while the yen tiptoed deeper into the intervention danger zone. "Few currencies will resist the bullish dollar macro resiliency theme and the euro and Chinese yuan look more vulnerable than most." The yen has slowly but inexorably slid toward the 150-per-dollar mark as policymakers stuck with ultra-easy settings. The yen hit 148.97 to the dollar on Monday and last traded at 148.72. "We remain of the view that the dollar is unlikely to weaken significantly until Fed rate cuts are firmly on the horizon," she said.

Persons: Sterling, Jane Foley Organizations: Treasury, U.S, Australia's Westpac, Swiss, Traders, Bank of Japan Locations: Europe, Asia, U.S

☆ Dow drops 388 points as US stocks suffer worst loss since March on weak economic data
▼ + stars: | 2023-09-26 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

US stocks tumbled on Tuesday as weak economic data sparked the worst loss since March. Investors are also contending with a possible interest rate hike and a government shutdown. AdvertisementAdvertisementUS stocks plummeted on Tuesday as weak economic data sparked fears of a recession, adding to worries about rates and a government shutdown. "So far, higher interest rates haven't made a dent in housing prices this year. AdvertisementAdvertisementBefore this, investors were already grappling with uncertainty, as the Federal Reserve indicated that another interest rate could come up before the year end.

Persons: —, haven't, Jamie Cox Organizations: Service, Harris Financial, Federal Reserve, Dow Jones

She cited unpublished information from Vietnam's Ministry of Natural Resources and Environment, which did not respond to requests for comment. In recent years, Japanese investors Toyota Tsusho and Sojitz abandoned projects at Dong Pao after China ramped up supply, pummelling prices. Reuters GraphicsStill, rare earths at Dong Pao are relatively easy to access and are mostly concentrated in bastnaesite ores, according to the Hanoi University of Mining and Geology. The plant has capacity to process 5,000 tons of REO a year but the company plans to treble that to accommodate input from Dong Pao, Tuan said. The metallization process is controlled by China, which produces 90% of rare-earth metals, according to the U.S. Department of Energy.

Persons: Dong Pao, Blackstone, VTRE, Tessa Kutscher, Anh Tuan, Joe Biden, Kutscher, Sojitz, Dylan Kelly, Vingroup, Rivian, Dong, Tuan, David Merriman, John Rockhold, Dudley Kingsnorth, Francesco Guarascio @fraguarascio, Khanh, Melanie Burton, Trevor Hunnicutt, Mai Nguyen, Phuong, David Crawshaw Organizations: REUTERS, Australia's Blackstone Minerals Ltd, Vietnam's Ministry of Natural Resources, Earth JSC, U.S, . Geological Survey, Reuters, Toyota, Terra Capital, Blackstone, Hanoi University of Mining, REO, White House, Department of Commerce, U.S . Chamber of Commerce, Strategic, ASM, Reuters Graphics Reuters, U.S . Department of Energy, Western Australian School of Mines, Curtin University, Thomson Locations: Nam, Lai Chau, Vietnam, Pao, HANOI, Dong, Beijing, China, Hanoi, U.S, Dong Pao, VTRE, South, Khanh Vu, Melbourne, Seoul, Washington, Phuong Nguyen

☆ GOP shutdown politics rock Washington as Trump and Biden head for a swing-state showdown
▼ + stars: | 2023-09-25 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —President Joe Biden and his Oval Office predecessor, Donald Trump, are about to wage the most direct showdown yet of their possible rematch as far-right House Republicans drive the nation to the brink of a government shutdown. Trump, seeking to sow dysfunction on Biden’s watch and advance his political goals as the GOP front-runner for 2024, is goading his loyalists to shut Washington down. Michigan – which Trump won in 2016 but Biden pulled back into the Democratic column in 2020 – will again be a vital general election state. With the political heat over a potential shutdown rising, Transportation Secretary Pete Buttigieg toured Sunday political talk shows to pressure Republicans. He wrote on his Truth Social network that the shutdown was the “last chance to defund these political prosecutions against me and other Patriots.

Persons: Joe Biden, Donald Trump, Kevin McCarthy, Trump, Biden, ”, –, Nikki Haley, Ron DeSantis, Ronald Reagan, Hunter Biden’s, New Jersey Sen, Robert Menendez, illegalities, Trump’s, McCarthy, Tim Burchett, Dana Bash, ” McCarthy, he’d, midterms, Pete Buttigieg, “, ” Buttigieg Organizations: CNN, Office, House Republicans, Democratic, White, GOP, United Auto Workers, Trump, Biden, Republican, Former South Carolina Gov, Florida Gov, Ronald Reagan Presidential, New, Senate Foreign Relations, Trump Republicans, California Republican, Russia, Tennessee, Union, Transportation, Patriots, Republicans Locations: Washington, Michigan, Wolverine, Wisconsin, Florida, California, New Jersey, “ State

☆ Why Warren Buffett thinks interest rates exert a huge gravitational pull on asset values
▼ + stars: | 2023-09-24 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The Federal Reserve sent a strong signal this week that interest rates will stay higher for longer. "Interest rates are to the prices of all assets like gravity is to the function of the earth," the Berkshire Hathaway CEO said in a 2012 interview. "Everything is based off interest rates... Buffett, the so-called "Oracle of Omaha," believes that when interest rates are low, they make any stream of earnings from investments worth more. "The most important item over time and in valuation is obviously interest rates," Buffett once said.

Persons: Warren Buffett, Berkshire Hathaway, Buffett, I'd, You've Organizations: Federal Reserve, Berkshire, Tokyo, Treasury Locations: It's, Omaha

☆ Unifor says Ford offers wage increases of 10% for first year
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +3 min

Sept 23 (Reuters) - Ford Motor (F.N) has offered Canadian union Unifor wage increases of up to 25% in its tentative agreement, the union said on Saturday. Unifor, which represents about 5,600 Canadian auto workers, on Friday said that its Ford leadership group has voted unanimously to support the tentative agreement. Ford is also in the midst of contract negotiations in the U.S. with a strike by the United Auto Workers (UAW) union at its at the automaker's Wayne, Michigan assembly plant. UAW President Shawn Fain said in a Facebook live event that by targeting distribution centers the strike becomes a nationwide event. A Reuters/Ipsos poll released on Thursday showed significant support by Americans for the striking auto workers.

Persons: Unifor, Ford, Shawn Fain, Joe Biden, Donald Trump, Gokul, Daniel Wallis, Alistair Bell Organizations: Ford, United Auto Workers, UAW, GM, Detroit, Reuters, U.S, Thomson Locations: U.S, Wayne , Michigan, United, Michigan, Bengaluru

UAW President Shawn Fain, in a Facebook live event, said that by targeting distribution centers the strike becomes a nationwide event. Stellantis has said it wants to be able to consolidate and close some of its parts distribution centers. Nearly 13,000 UAW workers walked out at plants in Missouri, Michigan and Ohio on Sept 15. "GM and Stellantis are looking at stockholder value and Ford is looking a lot more long-term that they have to make friends with labor." Fain said on Friday that the union had negotiated the elimination of lower wage tiers in some components facilities at Ford and GM.

Persons: Fain, Shawn Fain, Joe Biden, Biden, Donald Trump, Thomas Morris, Stellantis, Phaedra Grant, Michael Swensen, Ford, Daniel Ives, Sam Fiorani, Ford's, David Shepardson, Joseph White, Jarrett Renshaw, Ben Klayman, Peter Henderson, Abhirup Roy, Jeff Mason, Nick Zieminski, Matthew Lewis Organizations: GM, Ford, United Auto Workers, Detroit, General Motors, Chrysler, UAW, REUTERS, Ford Bronco, Chevrolet, AutoForecast Solutions, Reuters, Thomson Locations: DETROIT, United, Michigan, California, Massachusetts, Oregon, Florida, Philadelphia, Langhorne , Pennsylvania, Kokomo , Indiana, Kokomo, Louisville , Kentucky, U.S, Missouri , Michigan, Ohio, Chevrolet Colorado, Washington, Detroit, San Francisco

UAW President Shawn Fain, in a Facebook live event, said that by targeting distribution centers the strike becomes a nationwide event. Fain said Ford had improved its contract offer, including boosting profit sharing and agreeing to let workers strike over plant closures but said the union still has "serious issues" with Ford. Nearly 13,000 UAW workers walked out at plants in Missouri, Michigan and Ohio on Sept 15. "GM and Stellantis are looking at stockholder value and Ford is looking a lot more long-term that they have to make friends with labor." Fain said on Friday that the union had negotiated the elimination of lower wage tiers in some components facilities at Ford and GM.

Persons: Phaedra Grant, Michael Swensen, Biden, Fain, Shawn Fain, Ford, Stellantis, Joe Biden, Karine Jean, Pierre, Shawn Fain's, Donald Trump, Daniel Ives, Sam Fiorani, Ford's, Mark Reuss, David Shepardson, Joseph White, Ben Klayman, Peter Henderson, Abhirup Roy, Jeff Mason, Nick Zieminski, Matthew Lewis Organizations: Ford, UAW, REUTERS, GM, United Auto Workers, Detroit, General Motors, Chrysler, Ford Bronco, Chevrolet, AutoForecast Solutions, Reuters, Republican, Detroit automakers, Thomson Locations: Louisville , Kentucky, U.S, DETROIT, United, California, Massachusetts, Oregon, Florida, Kokomo , Indiana, Kokomo, Michigan, Missouri , Michigan, Ohio, Chevrolet Colorado, Washington, Detroit, San Francisco

"Stellantis and GM in particular are going to need some serious pushing," Fain said Friday. Fain said Ford had improved its contract offer, including boosting profit sharing and agreeing to let workers strike over plant closures but said the union still has "serious issues" with Ford. "This is like union 101 in terms of divide and conquer, and put more pressure on GM and Stellantis," Ives added. GM, Ford and Stellantis have said they are making contingency plans for further U.S. work stoppages. Unifor, which represents about 5,600 Canadian auto workers, had been threatening to go on strike at all three Ford plants in the country.

Persons: Phaedra Grant, Michael Swensen, Biden, Fain, Shawn Fain, Stellantis, Joe Biden, Donald Trump, Ford, Daniel Ives, Ives, Karine Jean, Pierre, Mark Reuss, David Shepardson, Joseph White, Ben Klayman, Peter Henderson, Jeff Mason, Matthew Lewis, Nick Zieminski Organizations: Ford, UAW, REUTERS, Ford Union, GM, United Auto Workers, Detroit, General Motors, Chrysler, Ford Motor, Silverado, Ford Bronco, Chevrolet, Reuters, Biden, Republican, White, Detroit automakers, Thomson Locations: Louisville , Kentucky, U.S, DETROIT, United, California, Massachusetts, Oregon, Florida, Kokomo , Indiana, Kokomo, Michigan, Missouri , Michigan, Ohio, Chevrolet Colorado, Washington, Detroit, San Francisco

REUTERS/Michael Swensen Acquire Licensing RightsCHICAGO, Sept 21 (Reuters) - United Auto Workers (UAW) members rallied against the Detroit Three automakers in multiple U.S. states on Thursday afternoon as Friday's deadline loomed for a threatened expansion of the union's strikes. The UAW last week launched unprecedented, simultaneous strikes at one assembly plant each of General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis (STLAM.MI). UAW workers want to end a tiered wage structure that they say has created a large gap between newer and older employees, forcing some to work two jobs to make ends meet. On Thursday morning, Fain posted a video message on X, formerly known as Twitter, to UAW members about the Friday deadline, showing scenes from several Hollywood movies with the characters saying "tick tock." Fain has said Detroit automakers have not shared their huge profits with workers while enriching executives and investors.

Persons: Phaedra Grant, Michael Swensen, Ayanna Dixon, Shawn Fain, Fain, Ford, Stellantis, Joe Biden, Karine Jean, Pierre said, Ram, Morgan Stanley, Adam Jonas, Eikon, Mark Reuss, Reuss, Tesla, Bianca Flowers, Hyunjoo Jin, David Shepardson, Ben Klayman, Kannaki, Peter Henderson, Jamie Freed, Nick Zieminski, Matthew Lewis Organizations: Ford, UAW, REUTERS, Rights, United Auto Workers, Detroit Three, General Motors, Chrysler, Reuters, GM, GM's, Silverado, Detroit, Detroit Free Press, Toyota, Tacoma, EV, Thomson Locations: Louisville , Kentucky, U.S, Chicago, San Francisco, Louisville, Washington, Detroit, Bengaluru

☆ Biden raised issue of Canadian Sikh's murder with Modi at G20 -FT
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

U.S. President Joe Biden and Indian Prime Minister Narendra Modi attend Partnership for Global Infrastructure and Investment event on the day of the G20 summit in New Delhi, India, September 9, 2023. The White House did not immediately respond to a request for comment on the FT report. The summit was held in India days before Prime Minister Justin Trudeau made his allegations public in an address to the Canadian parliament earlier this week. The leaders intervened at the G20 summit after Canada urged its allies to raise the case directly with Modi, the newspaper reported. Reporting by Kanishka Singh and Akanksha Khushi; editing by Sandra Maler and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Narendra Modi, Evelyn Hockstein, New Zealand —, Hardeep Singh Nijjar, Modi, Justin Trudeau, Jake Sullivan, Kanishka Singh, Akanksha, Sandra Maler, Leslie Adler Organizations: Indian, Partnership, Global Infrastructure, REUTERS, Financial Times, Thomson Locations: New Delhi, India, Canada, Australia, New Zealand, British Columbia, Washington, Ottawa, China, Asia Pacific

☆ Earth's mysterious core is weirder than you think, and we're only just beginning to uncover its secrets
▼ + stars: | 2023-09-22 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +8 min

Earth's core has baffled researchers for decades, and it still contains many secrets. AdvertisementAdvertisementA diagram shows the Earth's magnetic field deflecting waves of energy coming from the sun. The strength of Earth's magnetic field in 2020, as measured by the European Space Agency's SWARM satellites. The Earth's inner core may be spinning and might sometimes flip backwardThe core itself is not uniform. A graphic showing how iron crystals may be distributed and moved around the Earth's inner core.

Persons: Andrew Z, Colvin, Lutz Rastaetter, Christopher C, Finlay, al, Edward Garnero, Li, Lindsey Kenyon, Samantha Hansen, Insider's Morgan McFall, Johnsen, Chris Panella, John Vidale, UC Berkeley seismologist Daniel Frost, LiveScience Organizations: Service, NASA, Modeling, NASA Goddard Space, Wikimedia, German Research Center, Geosciences, European Space Agency, Arizona State University, Lindsey, University of Alabama, University of Southern, Washington Post, UC Berkeley Locations: South America, Antarctica, University of Southern California, Banda

☆ Oil prices rise as supply concerns outweigh demand fears
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global oil supply outweighed fears that further possible U.S. interest rate hikes could dent fuel demand, but they were still headed for a weekly loss in four. Brent futures for climbed 21 cents, or 0.2%, to $93.51 a barrel by 0103 GMT, while U.S. West Texas Intermediate crude, or WTI, futures gained 23 cents, or 0.3%, to $89.86. The shortfall, which will force Russia's fuel buyers to shop elsewhere, caused heating oil futures to rise by nearly 5% on Thursday. The U.S. Federal Reserve on Wednesday maintained interest rates, but stiffened its hawkish stance, projecting a quarter-percentage-point increase to 5.50 to 5.75% by year-end. The Bank of England mirrored the Fed and held interest rates on Thursday after a long run of hikes, but said it was not taking a recent fall in inflation for granted.

Persons: Rishi Sunak, Brent, Toshitaka Tazawa Organizations: U.S, West Texas, of, Petroleum, Fujitomi Securities Co Ltd, U.S . Federal Reserve, Bank of England Locations: OPEC, United States, Europe, Russia

☆ British retail sales grow in August after washout in July
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Phil Noble/File Photo Acquire Licensing RightsLONDON, Sept 22 (Reuters) - British retail sales partially recovered in August after a rainy July washout, official figures showed on Friday, adding to signs that the country's consumers were mostly coping with the cost-of-living squeeze. Sales volumes rose by 0.4% on a month-on-month basis after a sharp 1.1% fall in July, the Office for National Statistics said. "These were partially offset by internet sales, which dropped slightly as some people returned to shopping in person following a very wet July. However, August's data represented the sixth time so far in 2023 that sales volumes rose on a month-to-month basis, suggesting resilience in consumer demand. Retail sales volumes were 1.4% lower than a year earlier, the ONS said, compared with economists' forecasts for a 1.2% decline.

Persons: Phil Noble, Heather Bovill, GfK, BoE, William Schomberg, James Davey, William James, Christina Fincher Organizations: REUTERS, National Statistics, Reuters, Office, Bank of England, British Foods, Thomson Locations: Altrincham, Britain

Ukraine breached Russia's defensive line on Wednesday and was able to deploy vehicles past it. It was a major achievement, but analysts said Russia would respond with a harsh counterattack. It was a major dent in the so-called "Surovikin Line", but there are more layers of defense to go. AdvertisementAdvertisement"This is the first major crack in their defense … of course, the Russians should be worried," he said. An official cited by the state-run RIA Novosti agency said that Ukraine had tried to breach Russia's lines but was forced to retreat.

Persons: Marina Miron, Franz, Stefan Gady, Gady, Michael Kofman, Kofman, — Johan Huovinen Organizations: Service, Ukrainian, Department of, King's College London, Street, Institute for International Strategic Studies, Carnegie Endowment, International Peace, Swedish Defense University, RIA Locations: Ukraine, Russia, Wall, Silicon, Verbove, Zaporizhzhia

☆ Detroit Three automakers enter final hours to avoid wider UAW strike
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +3 min

[1/2] People attend a UAW rally to support striking workers outside an assembly plant in Louisville, Kentucky. REUTERS/Michael Swensen Acquire Licensing RightsDETROIT, Sept 22 (Reuters) - The Detroit Three automakers and the union representing the companies' U.S. hourly workers on Friday entered the final hours to reach new labor agreements before the current coordinated strike expands to include more plants. Fain has said the Detroit automakers have not shared their huge profits with workers while enriching executives and investors. The automakers have proposed 20% raises over 4-1/2 years, while the UAW is seeking 40%. Unifor, which represents about 5,600 Canadian auto workers, had been threatening to go on strike at all three Ford plants in the country.

Persons: Michael Swensen, Stellantis, Shawn Fain, Fain, Mark Reuss, Ford, David Shepardson, Joseph White, Ben Klayman, Peter Henderson, Matthew Lewis Organizations: UAW, Rights, Detroit Three, General Motors, Ford, Chrysler, GM's, Silverado, Ford Bronco, Chevrolet, Detroit, Reuters, Facebook, Detroit automakers, Thomson Locations: Louisville , Kentucky, Missouri , Michigan, Ohio, Chevrolet Colorado, Washington, Detroit

☆ 'I don't believe in fairy tales': A veteran economist shares 10 overlooked reasons why the US economy is bound to contract, even as Wall Street bails on recession calls
▼ + stars: | 2023-09-22 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

"I don't believe in fairy tales, and I don't believe in new eras," Rosenberg said in a recent interview with Insider. The resumption of student loan payments this fall will also cut into spending, Rosenberg predicted. As excess stimulus erodes, the consumer savings rate is sliding. Higher oil and gas prices are also hurting consumers, Rosenberg said. "And they need the money because they're seeing strains on their finances from this 525 basis point runup in rates start to bite into their debt service capacity."

Persons: David Rosenberg, Rosenberg, they've, Rosenberg doesn't, it's, Louis Organizations: Bank of America, Rosenberg Research, Federal Reserve, of Locations: Saudi Arabia

But Mintz also acknowledges that having more places to access PrEP likely will not be enough to substantially increase its use in more vulnerable communities. “There needs to be a couple of levers that need to be pulled for everybody to access PrEP who are eligible to access PrEP,” Mintz says. (Joe Raedle/Getty Images)Meanwhile, a pending ruling in a federal appellate court looms as a threat that could more broadly undermine PrEP coverage. “We don’t know what the 5th Circuit could do.”In the wake of the March court ruling, insurers expressed support for preventive services. “Right now, PrEP uptake is quite good among gay white men, but among people of color and among women PrEP access is quite limited,” Dawson says.

Persons: Apretude, ”, Omar Martinez Gonzalez, Sean Bland, we’re, ” Bland, Truvada, ” Martinez Gonzalez, Laura Mintz, Mintz, ” Mintz, Truvada –, AIDSVu, Joe Raedle, Laurie Sobel, “, ” Sobel, Lindsey Dawson, ” Dawson, Torrian Baskerville, Baskerville, ” Baskerville, who’d, Biden, Bland Organizations: U.S . Preventive Services Task Force, U.S . Food, Drug Administration, Affordable, AIDS Foundation Chicago, “, Centers for Disease Control, Santa Clara University School of Law, Georgetown University’s O’Neill Institute for National, Global Health, Blacks, PrEP, Emory University, Gilead Sciences, Black PrEP, Case Western Reserve University School of Medicine, Pride Network of, ViiV Healthcare, GlaxoSmithKline, U.S, Circuit, Appeals, Supreme, Human Rights, Navigators, Department of Health, Human Services Locations: U.S, Black, Cleveland, Gilead, –, Miami, Texas, Ohio

☆ Stock futures are flat as the market heads for big weekly losses: Live updates
▼ + stars: | 2023-09-21 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Traders on the floor of the New York Stock Exchange, Aug. 4, 2022. Stock futures were flat in overnight trading Thursday as the market is poised to end the week with steep losses. S&P 500 futures and Nasdaq 100 futures were also flat. The benchmark 10-year Treasury yield popped 15 basis point to hit a high of 4.498%, its highest level since 2007. Investors also became concerned about a government shutdown, which could dent consumer confidence and slow down the economy further.

Persons: Bond, George Goncalves Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Federal Reserve, Dow, Treasury, House Republican

☆ Biden Raised Issue of Canadian Sikh's Murder With Modi at G20 -FT
▼ + stars: | 2023-09-21 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

(Reuters) - U.S. President Joe Biden and other leaders expressed concern to Indian Prime Minister Narendra Modi at the G20 summit this month about Canadian claims that New Delhi was involved in the murder of a Sikh separatist leader in Canada, the Financial Times reported on Thursday. The White House did not immediately respond to a request for comment on the FT report. The summit was held in India days before Prime Minister Justin Trudeau made his allegations public in an address to the Canadian parliament earlier this week. The leaders intervened at the G20 summit after Canada urged its allies to raise the case directly with Modi, the newspaper reported. India on Thursday suspended new visas for Canadians and asked Ottawa to reduce its diplomatic presence in the country.

Persons: Joe Biden, Narendra Modi, New Zealand —, Hardeep Singh Nijjar, Modi, Justin Trudeau, Jake Sullivan, Kanishka Singh, Akanksha, Sandra Maler, Leslie Adler Organizations: Reuters, Indian, Financial Times Locations: New Delhi, Canada, Australia, New Zealand, British Columbia, India, Washington, Ottawa, China, Asia Pacific

☆ Detroit Three under pressure to progress UAW talks, avoid wider auto strikes
▼ + stars: | 2023-09-21 | by ( Hyunjoo Jin | ) www.reuters.com time to read: +3 min

Striking United Auto Workers members picket outside the Stellantis Jeep plant in Toledo, Ohio, U.S. September 19, 2023. The UAW last week launched unprecedented, simultaneous strikes at one assembly plant each of General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis (STLAM.MI). The city is home to Ford's Louisville assembly plant and its Kentucky truck plant. Ford CEO Jim Farley has previously said the Kentucky truck plant, which assembles F-Series trucks, is the company's most profitable plant globally. Fain has said Detroit automakers have not shared their huge profits with workers while enriching executives and investors.

Persons: Rebecca Cook, Stellantis, Shawn Fain, We're, Jim Farley, Ram, Eikon, Fain, Mark Reuss, Reuss, Hyunjoo Jin, Jamie Freed Organizations: United Auto Workers, REUTERS, UAW, Detroit Three, General Motors, Ford, Chrysler, Wednesday, GM, GM's, Silverado, Detroit, Detroit Free Press, Toyota, Tacoma, EV, Thomson Locations: Toledo , Ohio, U.S, furloughing, Louisville , Kentucky, Louisville, Kentucky, San Francisco

☆ Indian shares set to open lower with HDFC, Fed decision in focus
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

India's GIFT Nifty (.GIFc1) on the NSE International Exchange was down about 0.1% at 20,080.5 points, as of 8.20 a.m IST. HDFC Bank (HDBK.NS) on Monday said its gross non-performing assets will likely increase as of July 1, after its merger with HDFC. CPP had increased its investment in Indian markets to about $15 billion, as of the fiscal year ending March. Foreign investors sold 12.37 billion rupees ($148.64 million) worth of shares on a net basis on Monday, while their domestic counterparts bought 5.53 billion rupees worth of equity, according to stock exchange data. ($1 = 83.2230 Indian rupees)Reporting by Archishma Iyer in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Niharika Kulkarni, Archishma Iyer, Sonia Cheema Organizations: Bombay Stock Exchange, REUTERS, HDFC Bank, U.S . Federal, NSE, BSE, HDFC, Investors, Bharat Dynamics, IAF, Thyrocare, Tata Motors, Thomson Locations: Mumbai, India, Canada, Bengaluru

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