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The FBI investigates the attempted assassination of Donald Trump at his Florida golf club. The speaker’s initial strategy had called for a six-month continuing resolution tied to the SAVE Act, legislation backed by Donald Trump requiring proof of citizenship to vote. It won for best drama series, Hiroyuki Sanada won for best actor in a drama, and Anna Sawai took best actress. Richard Gadd won for best actor in a limited or anthology series or movie, and Jessica Gunning won best supporting actress in a limited or anthology series or movie. “We feel violated.”— Julie Shapiro, managing editor, enterprisePolitics in BriefSpringfield visit: Former President Donald Trump plans to visit Springfield, Ohio, the site of his baseless claims about Haitian immigrants, a source familiar with the planning said.
Persons: Donald Trump, Trump, Eric Thayer, Donald Trump’s, Ryan Wesley Routh, Steven Cheung, Kamala Harris, Mike Johnson, , , Tierney, Johnson, Christopher Polk, “ Shōgun, Hiroyuki Sanada, Anna Sawai, “ Shōgun ”, Jeremy Allen White, Liza Colón, Zayas, Ebon Moss, Bachrach, Christopher Storer, Richard Gadd, Jessica Gunning, NFL Kevin Sabitus, Greg Rosenstein, Vic, Mel l, lea, stu Organizations: FBI, House Republicans, Bloomberg, Getty, Service, NBC News, Secret Service, Trump, Mar, GOP, Getty Images House Republicans, SAVE, Variety, Creative Arts, NFL, AFC, NBC, Uni Locations: Florida, Pennsylvania, West Palm Beach , Florida, Japan, Fra, abo
Palm Beach County Sherrif Ric Bradshaw speaks at a press conference in West Palm Beach, Florida, on September 15. The gunman was 300 to 500 yards away from former President Donald Trump, a Secret Service official said. The former president was one or two holes behind because the security detail moves ahead to make sure the area is cleared. The agent noticed the rifle barrel sticking out during the advance check, the official said. “The US Secret Service personnel opened fire on a gunman located near the property line and this matter is under investigation,” the Secret Service representative said.
Persons: Ric Bradshaw, Chandan Khanna, , Donald Trump Organizations: Getty, Secret Service, Trump International Golf Club, West Palm Beach, Service Locations: Palm Beach, West Palm Beach , Florida, Beach, West Palm
WASHINGTON — Divided House Republicans stumbled last week in their effort to pass Speaker Mike Johnson’s bill to fund the government. “A government shutdown is always a bad idea, at any time,” Senate Minority Leader Mitch McConnell, R-Ky., told reporters. The speaker’s initial strategy had called for a six-month continuing resolution (CR) tied to the SAVE Act, legislation backed by Republican presidential nominee Donald Trump requiring proof of citizenship to vote. It’s unclear whether Johnson this week will try to tweak the SAVE Act approach or try something entirely different. Republicans see the SAVE Act as a mechanism to try to force politically vulnerable Democrats into a difficult position.
Persons: Mike Johnson’s, They’ll, , Mitch McConnell, Johnson, he’s, , Sen, John Cornyn, ” Cornyn, ” Johnson, Donald Trump, JD Vance, Ohio, Mike Rogers, we’re, Joe Biden, Chuck Schumer, ” Schumer, “ You’ve, Thomas Massie, it’s “, ” Massie, Jon Tester, ” Tester, it’s, noncitizens Organizations: Republicans, GOP, SAVE, Republican, Trump, CRs, Armed Services, NBC, Capitol, Locations: WASHINGTON, Ky, Texas
Four people were wounded at a Brooklyn train station Sunday when police officers shot at a man threatening them with a knife, authorities said. The bloody confrontation began when two officers confronted a man who entered the station without paying his fare, officials said. They followed him on to a train that had pulled into the station and fired two Tasers, but neither incapacitated the man, Maddrey said. Mayor Eric Adams visited the wounded officer in the hospital Sunday, ahead of a news conference addressing the shooting. In 2019, NYPD officers accidentally shot and killed two fellow officers while confronting crime suspects in separate on-duty incidents.
Persons: Thomas Donlan, , Jeffrey Maddrey, “ I’m, ” Maddrey, Maddrey, Eric Adams, I’m, Janno Lieber, Lieber Organizations: Interim Police, Democrat, NYPD, Metropolitan Transportation Locations: Brooklyn, Brownsville
Ryan Wesley Routh, 58, was taken into custody after shots were fired at Trump International Golf Club in West Palm Beach on Sunday, three senior law enforcement sources said. In 2002, court records show, he was convicted of possessing a weapon of mass destruction — the machine gun. Most recently, a Ryan Routh lived in the small coastal community of Kaawa on Oahu’s eastern shore in Hawaii. Ryan Routh Ryan Routh FacebookAfter the 2002 arrest, authorities allegedly found the suspect in possession of a fully automatic machine gun, according to the Greensboro News & Record report. On Sunday, Palm Beach State’s Attorney Dave Aronberg said on MSNBC’s “Ayman,” with Ayman Mohyeldin and Ali Velshi, that the federal government is taking over prosecution in the West Palm Beach case, with the U.S. Justice Department expected to file any charges.
Persons: Donald Trump, Ryan Wesley Routh, Ryan Routh, Routh, Ryan Routh Ryan Routh, There’s, Dave Aronberg, MSNBC’s “ Ayman, , Ayman Mohyeldin, Ali Velshi, Aronberg, , ” Aronberg Organizations: Trump International Golf Club, Greensboro News, Authorities, Trump International, U.S . Justice, Trump, Secret Service Locations: West Palm Beach, Greensboro , North Carolina, North Carolina, Kaawa, Hawaii, Carolina, Guilford County, Greensboro, Fla, Stephany, Beach, Palm, Martin County
The International Brotherhood of Teamsters could issue its long-awaited presidential endorsement as soon as Wednesday, union spokesperson Kara Deniz confirmed to CNBC Monday following a meeting members held with Vice President Kamala Harris in Washington. We represent registered Republicans and independents," Teamsters president Sean O'Brien said in a press conference after the meeting. On Monday, Harris made her pitch for the union's endorsement in the meeting with rank-and-file Teamsters, along with O'Brien and other members of the union's executive leadership. The meeting came as both Harris and her opponent, Republican former President Donald Trump, court working-class voters. But the Teamsters president also condemned Trump's comments later in the summer, where the Republican applauded the idea of firing workers who threaten to strike.
Persons: Kara Deniz, Kamala Harris, Sean O'Brien, O'Brien, Harris, Donald Trump, Butch Lewis, Joe Biden, Trump's Organizations: Brotherhood of Teamsters, CNBC, Teamsters, Democratic, Republican, PRO, Trump, CBS, Republican National Convention, Teamster, GOP Locations: Washington
[The stream is slated to start at 1:15 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
Washington CNN —Speaker Mike Johnson is once again facing a major challenge as he navigates a government funding fight while under pressure from an extremely narrow majority in the House and former President Donald Trump. The course the speaker charts could also factor into whether he can hold onto his leadership post after the election. Trump has also waded into the funding fight, a dynamic that could further complicate the effort to avert a shutdown. But the plan is viewed as a non-starter in the Senate and faces opposition within the House GOP conference as well. “You’ve seen the chaos in the House because Speaker Johnson is trying to do this in a partisan way, guided by the far right.
Persons: Mike Johnson, Donald Trump, Trump, Republicans don’t, , Johnson, ” Johnson, “ We’re, Chuck Schumer, , ” Schumer, “ You’ve, He’s, Schumer, ” CNN’s Ted Barrett, Lauren Fox, Aaron Pellish Organizations: Washington CNN, Congress, GOP, Republicans, Louisiana Republican, SAVE, Trump, Democratic Locations: Louisiana, , New York
The suspect in an apparent Trump assassination attempt has been charged with two federal gun crimes. Officials say his cell phone was in the vicinity of Trump's West Palm Beach golf club for 12 hours. Suspect Ryan Wesley Routh faces a maximum of 20 years in prison. Go to newsletter preferences Thanks for signing up! Details on Ryan Wesley Routh's whereabouts in the half-day before he was apprehended on Sunday were released by federal prosecutors as the 58-year-old man made his first court appearance.
Persons: Trump, Ryan Wesley Routh, , Donald Trump, Ryan Wesley Routh's Organizations: Service, Palm, Secret Service, Business Locations: Palm Beach
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Debating P & G: We remain torn over traditional slowdown stocks like Procter & Gamble and other defensive consumer stocks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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, Morgan Stanley, Wells, Wells Fargo, It's, we've, Hock Tan, Rene Haas, Jim Cramer's, Jim, Charlie Scharf, Patrick T, Fallon Organizations: CNBC, Apple, Apple Intelligence, Micron, Currency, Procter, Gamble, Colgate, Palmolive, Broadcom, Arm, Jim Cramer's Charitable, Milken Institute Global Conference, Afp, Getty Locations: stock's, Wells Fargo, Beverly Hills , California
More than 4,000 people have descended here for the Future Proof conference , a vast social gathering designed to give younger registered investment advisors and other investment professionals access to what they want. What they want, apparently, is an intense desire to network with other RIAs and investment professionals and find ways to grow their business. Reimagining the financial conference Future Proof is the brainchild of Barry Ritholtz, co-founder, chairman, and chief investment officer of Ritholtz Wealth Management, and CEO Josh Brown. This is the third year for the conference, but Ritholtz and company have been doing conferences for 15 years. Ritholtz describes it as an ongoing project to reinvent the financial conference concept, which he says is "moribund."
Persons: Barry Ritholtz, Josh Brown, Ritholtz, Van Eck, Matt Middleton, Adarsh, Brett Rodgriguez, Delon Mansour, Mansour, Shyamsundar, Harris, Consulting's Brett Rodgriguez, Akash Shah, Shannon Saccocia, Raj Dhanda, Ares Management, John Christmas, RIAs, They'll, Mike Novogratz, Anna Paglia, Bryan Whalen, Saira Malik, Lauren Goodwin, Scott Wapner, DoubleLine Capital's Jeff Gundlach, CNBC's, Jan van Eck, Matt Hougan, DJ Mick, There's, Bob Pisani, Jon Maier, JP Morgan, Pisani, Jan Van Eck, Marlena Lee, That's Organizations: Ritholtz Wealth Management, JPMorgan Chase, Capital Group, Street Global Advisors, Funds, Polaris Capital Management, Graystone Consulting, Investments, Investment, Ares, HPS Investment Partners, Global, Life Investments, Bitwise, Management, Dimensional Fund Advisors Locations: HUNTINGTON BEACH, Calif, Los Angeles, Iowa, California, Huntington Beach, San Diego, Michigan, ETFEdge.cnbc.com
ET, the yield on the 10-year Treasury was less than one basis point lower at 3.6401%. U.S. Treasury yields were slightly lower on Monday as investors looked ahead to this week's Federal Reserve meeting and interest rate decision. The Federal Reserve meeting and interest rate decision are top of mind for investors this week, with the central bank's meeting kicking off Tuesday and concluding Wednesday. Markets are anticipating a rate cut from the Fed, the first since it began hiking rates in March 2022, but uncertainty about how big the reduction will be has been widespread. The central bank is also set to publish its latest economic projections on Wednesday.
Persons: Jerome Powell Organizations: Treasury, U.S, Reserve, Federal Reserve, Fed, Bank of England
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMCKNIGHT: It's a coin flip right now. The key is what Chairman Powell signals during the conference. Alan Mcknight, Chief Investment Officer for Regions Wealth Management, says a 25 basis point rate hike is likely, but a 50 point hike could be possible to reassure markets. he also highlights opportunities in tech stocks like meta and google.
Persons: MCKNIGHT, It's, Powell, Alan Mcknight Organizations: Wealth Management
New York CNN —Amazon is demanding that its corporate employees return to the office five days a week, a significant change from its current pandemic-era hybrid policy that requires them to be in the office just three days a week. Jassy has previously advocated that employees work in the office, writing that a physical presence improves company culture. Last year, some corporate workers staged a walkout at its Seattle headquarters, citing multiple grievances, including the push to get workers back in the office at least three days a week. The walkout in May 2023 also occurred months after the company confirmed it was laying off some 27,000 workers over multiple rounds of cuts. Although companies in certain sectors, particularly on Wall Street, have emphasized a full return, companies have largely let up on demanding that employees work five days a week in the office.
Persons: Andy Jassy, Jassy, , ” Jassy Organizations: New, New York CNN, Conference Board Locations: New York, Seattle
CNN —At least 10 people have been killed in some of the worst floods to hit central Europe in decades as Storm Boris sweeps through the region, dumping well over a month’s worth of rain. Across the border in the Czech Republic, thousands of residents have been left without hot water and electricity after authorities shuttered heating plants. Authorities are also alarmed by the situation in the Czech town of Litovlje, where 80% of buildings are submerged. The town’s mayor, Viktor Kohout, told CNN Prima that the Morava river is expected to crest at 2 p.m. local time (8 a.m. Police have extensively “warned the public about the danger” of walking along the river, a Bratislava Police spokesperson told CNN on Monday.
Persons: Boris, , Johanna Mikl, Leitner, Jaroslav Ozana, Kacper Pempel, Wladyslaw Kosiniak, Kamysz, Viktor Kohout, Sergei Gapon, Zdenek Kuzilek, Viktor Orban, Orban, ” Orban Organizations: CNN, Veolia, CNN Prima, ” Firefighters, Moravska Ostrava, Reuters, TVN24, Polish, PAP, Authorities, Getty, Danube . Police, Bratislava Police Locations: Europe, Austria, Poland, Czech Republic, Hungary, Ostrava, Polish, Lower Austria, ” Lower Austria, Privoz, Nysa Klodzka, Nysa, Reuters Europe, Klodzko, Czech, Litovlje, Jesenik, Rudawa, AFP, Budapest, Slovakian, Bratislava
Nvidia stock got a boost last week as investors cheered comments by CEO Jensen Huang about the company's new AI chip rollout. Blackwell — Nvidia's next-generation processor — is a key focus for Wall Street amid some delays. This — and some other concerns — have hit the company's share price in recent weeks. Shares of the firm rallied 8% last Wednesday and rose nearly 16% over the week. In case you missed it, here's a round-up of all the top analyst calls and more over the past week:
Persons: Jensen Huang, Blackwell — Nvidia's, Huang, Goldman Sachs, ramping Blackwell Organizations: Technology Conference, Nasdaq, Nvidia Locations: San Francisco
China Coast Guard ships (background L and R) are seen past the Philippine Coast Guard ship BRP Cape Engano (C), as photographed from the BRP Cabra during a supply mission to Sabina Shoal in disputed waters of the South China Sea on Aug. 26, 2024. The Philippines will continuously deploy vessels in the contested Sabina Shoal in the South China Sea, its coast guard said on Monday after a Philippine ship returned to port after a five-month deployment there. "We will sustain presence over these waters," Philippine Coast Guard Spokesperson Jay Tarriela told a press conference. The PCG's vessel, Teresa Magbanua, was deployed to Sabina Shoal in April to monitor what Manila suspects to be China's small-scale land reclamation activities in the area. Sabina Shoal, which China refers to as Xianbin Reef and the Philippines as the Escoda Shoal, lies west of the Philippine province of Palawan, within the country's exclusive economic zone.
Persons: Sabina Shoal, Sabina, Jay Tarriela, Teresa Magbanua, Tarriela Organizations: China Coast Guard, Philippine Coast Guard, BRP Locations: Sabina, South, Philippines, South China, Philippine, Manila, China, Palawan
CNN —There’s no political playbook for how to deal with another apparent assassination attempt against a major-party presidential candidate within weeks of an election. The second apparent assassination attempt comes against the backdrop of a turbulent campaign that has defied convention and predictions. Another apparent attempt on his life is likely to have some level of personal impact on the former president. In normal circumstances, an apparent assassination attempt against a presidential candidate might be expected to unleash a surge of sympathy that could translate into a political boost. But it’s too early to say whether the second apparent assassination attempt will have greater political impact than the first.
Persons: CNN —, Donald Trump, , Kamala Harris, Tim Walz, Joe Biden, Harris, Trump, , ” —, ” Trump, Elise Stefanik, , Mike Johnson, Biden, Stefanik, didn’t, They’d, Ohio Sen, JD Vance, Vance, Dana Bash, Mike DeWine, it’s Organizations: CNN, Minnesota Gov, Trump, Trump —, New York, Republican National Convention, GOP, Secret Service, Trump International Golf Club, Justice Department, Republican, White, Republicans, Biden, stoke, CNN’s, ABC Locations: America, Florida, Butler , Pennsylvania, Lago, Milwaukee, West Palm Beach , Florida, Pennsylvania, Butler, Springfield , Ohio, CNN’s “ State, United States, The Ohio, Venezuela
Read previewThe US presidential election is just 50 days away and the contest between Vice President Kamala Harris and former President Donald Trump remains as competitive as ever. Trump won it in 2016. Biden won it in 2020. Both campaigns continue to pour considerable time and financial resources into Pennsylvania, where Democratic candidates have won every presidential election since 1992 except for one — when Trump won it in 2016. Andrew Harnik/Getty ImagesWhile Harris' debate performance went a long way in assuaging some voters regarding her ability to lead the country, some are still undecided.
Persons: , Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, Biden, North Carolina —, Win McNamee, Tim Walz, Walz, Ohio Sen, JD Vance, Gretchen Whitmer, Vance's, it'll, Andrew Harnik, Vance, eludes Trump Organizations: Service, Business, FBI, Trump, Palm, ABC, Democratic Party, Biden, Congressional, Ohio, Gov, Democratic, GOP, Republican Locations: Palm Beach, Florida, Butler , Pennsylvania, Philadelphia, Arizona , Georgia, Nevada, North Carolina, Michigan , Pennsylvania, Wisconsin, Omaha, Minnesota, Michigan, Pennsylvania, Arizona, Georgia, New Hampshire, Virginia, New York City, assuaging, Springfield , Ohio
At approximately 2:14 PM, MCSO initiated a motor vehicle stop. Shortly after the motor vehicle stop, ROUTH was asked if he knew why he was being stopped; he responded in the affirmative. Database checks indicate that a mobile phone assigned call number 1-***-***-8342 is serviced by T-Mobile US, Inc. ("T-Mobile") and that ROUTH is the subscriber. Agents requested T-Mobile, on an emergency basis, to provide law enforcement with information pertaining to ROUTH's mobile phone usage. A review of law enforcement indices reflected that, on or about December 20, 2002, ROUTH was convicted in Greensboro, North Carolina, of possession of a weapon of mass death 3
Persons: MCSO, ROUTH Organizations: Martin County Sheriff's, Nissan, Officers, Ford, Trump, Mobile, Inc Locations: Beach, Martin County, Greensboro , North Carolina
Kevin Dietsch | Getty ImagesA flurry of major central banks will hold monetary policy meetings this week, with investors bracing for interest rate moves in either direction. The U.S. central bank is widely expected to join others around the world in starting its own rate-cutting cycle. Elsewhere, Brazil's central bank is scheduled to hold its next policy meeting across Tuesday and Wednesday. Traffic outside the Central Bank of Brazil headquarters in Brasilia, Brazil, on Monday, June 17, 2024. The central bank delivered its first interest rate cut in more than four years at the start of August.
Persons: Jerome Powell, William McChesney Martin, Kevin Dietsch, John Bilton, CNBC's, Bilton, David Volpe, Volpe, 25bps, Wilson Ferrarezi, BOE, Ruben Segura Cayuela Organizations: Federal Reserves, Washington , D.C, Federal, Traders, The Bank of England, Norway's Norges Bank, South Africa's, Bank, Bank of Japan, Morgan Asset Management, European, Bank of England, ECB, Emerald Asset Management, Banco Central, TS Lombard, Central Bank of, Bloomberg, Getty, Reuters, Bank of America Locations: Washington ,, U.S, Brazil's, Brazil, Central Bank of Brazil, Brasilia, South Africa, Norway, Japan
Stouffer's takes on Kraft with new boxed mac and cheese
  + stars: | 2024-09-16 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
Stouffer's is exiting the freezer aisle and taking on Kraft Heinz with its new shelf-stable mac and cheese. The average American consumer eats mac and cheese 22 times a year, trailing only pizza in its frequency, according to Moe. Out of those 22 occasions, the mac and cheese comes from a box about 70% of the time. To start, under the name Stouffer's Supreme, the brand will offer two variations on boxed mac and cheese: a classic cheddar and a three-cheese version made with cheddar, gouda and parmesan. Moe said the cheddar is a "sibling, not identical twin" of its frozen mac and cheese, while the three-cheese option is a "cousin."
Persons: Kraft Heinz, Stouffer's, Tom Moe, Moe, Andre Maciel, Kraft's, Nestle, that's Organizations: Kraft, Nestle, Nestle Meals Division, Barclays Global Consumer Staples Locations: cheddar, gouda
“The Secret Service needs more help,” Biden told reporters while leaving the White House on Monday. Chip Somodevilla/Getty ImagesActing US Secret Service Director Ronald Rowe met with Trump and local law enforcement on Monday in Florida. Secret Service Director Kimberly Cheatle resigned in the fallout from the assassination attempt, leading to Rowe’s appointment as acting director. Those concerns were underscored by details revealed Monday about the suspected shooter’s whereabouts before he was ultimately spotted by Secret Service agents. Moskowitz said Sunday that the Secret Service needed to consider taking more drastic measures, such as shutting down a significantly wider perimeter.
Persons: Donald Trump, he’s, He’s, Jared Moskowitz, CNN’s Anderson Cooper, Joe Biden, ” Biden, Chip Somodevilla, Ronald Rowe, Rowe, ” Rowe, “ there’s, Trump, , there’s, , Trump’s Butler, Kimberly Cheatle, Ryan Wesley Routh, Jonathan Wackrow, Ric Bradshaw, ” Bradshaw, Joe Raedle, Obama, Bush, Clinton, ” Wackrow, Butler, Cheryl Tyler, CNN’s Wolf Blitzer, ” Tyler, protectee, Robyn Beck, Moskowitz, ” Moskowitz, Biden, Ro Khanna, CNN’s Holmes Lybrand, Kristen Holmes, Whitney Wild Organizations: CNN, Republican, Secret, Trump, Florida Democrat, Service, White, House, Trump’s, Trump International Golf, Nissan, Secret Service, Martin County Sheriff’s, Martin County Sheriff's, Facebook, United Nations General Assembly, White House Communications Agency, Department of Defense, Trump National Golf Club Los, Getty, ” Agency, , California Democrat, Congress Locations: Palm, Butler , Pennsylvania, Florida, Congress, Washington ,, Lago, Trump, Martin County, Iran, New York City, Mar, Palm Beach, Beach, West Palm Beach , Florida, Butler, Rancho Palos Verdes , California, AFP, California
Tensions are high in the South China Sea, as China continues its aggressive tactics against Philippine vessels. JAM STA ROSA/AFP via Getty ImagesClashes between China and the Philippines in the South China Sea have been escalating for months as China unjustly claims sovereignty over a majority of the South China Sea, defying international law while increasing efforts to assert its authority in the area. While traveling to Manila, the Baden-Württemberg and Frankfurt am Main transited the Taiwan Strait, sparking backlash from China. The German warships transited the Taiwan Strait last week for the first time in 20 years. "International waters are international waters," he said .
Persons: , Per Andreas Pfaffernoschke, Pfaffernoschke, Mao Ning, German Defense Ministry Boris Pistorius, Mao Organizations: Service, Business, Baden, Philippine, ROSA, Getty, Ministry of Foreign, German Defense Ministry, Command Locations: Philippines, Taiwan Strait, Germany, China, South China, Berlin, Frankfurt, Manila, AFP, Beijing, Baden, Württemberg, Taiwan, Main
CNBC's Sarah Min breaks down how a rate cut could affect the S&P 500 . Welcome to U.S. rate cut week! Furthermore, jumbo hikes of 75 basis points were enacted between June 2022 to November 2022. But given that the rate cut has been so clearly telegraphed by the Fed, it's hard to imagine it not happening. This cut might not be big in terms of basis points, but it will be big in what it signals to markets.
Persons: It's, Sarah Min, Donald Trump, Rafael Barros, Cat Stevens, Aditya Bhave, CNBC's Pia Singh, Hakyung Kim, Brian Evans Organizations: Eccles Federal Reserve, CNBC, U.S . Federal Reserve, China's National Bureau, Statistics, Republican, Federal Bureau of Investigation, Secret Service, U.S, Federal, Fed, Bank of America U.S Locations: Washington , DC, Florida, U.S
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