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☆ These are America's 10 worst states for quality of life in 2024
▼ + stars: | 2024-07-13 | by ( Scott Cohn | ) www.cnbc.com time to read: +10 min

2024 Quality of Life Score: 119 out of 325 Points (Top States Grade: D-) Strengths: Crime, Voting Rights, Worker Protections Weaknesses: Air Quality, Reproductive Rights, Health Care9. 2024 Quality of Life Score: 98 out of 325 points (Top States Grade: F) Strength: Air Quality Weaknesses: Voting Rights, Crime, Reproductive Rights6. 2024 Quality of Life Score: 96 out of 325 points (Top States Grade: F) Strengths: Child Care, Air Quality Weaknesses: Crime, Inclusiveness, Health Care5. 2024 Quality of Life Score: 85 out of 325 points (Top States Grade: F) Strength: Air Quality Weaknesses: Reproductive Rights, Health, Worker Protections, Voting Rights3. 2024 Quality of Life Score: 83 out of 325 points (Top States Grade: F) Strength: Child Care Weaknesses: Voting Rights, Inclusiveness, Worker Protections2.

Persons: CNBC's, Rebecca Noble, Katie Hobbs, Kansas Thomas Barwick, Bacchus, Chandan Khanna, Wesley Bell, Michael B, Thomas, Michael Pomante, Bill Lee's, Seth Herald, Bill Lee, Oklahoma Dr, Franz Theard, Paul Ratje, Dobbs, Oklahomans, Elijah Nouvelage, Darwin Varela, Brandon Bell Organizations: Business, Arizona, Abortion, Arizona House Republicans, American Lung Association, American Hospital Association, Democratic, Health, Kansas, Digitalvision, Getty, FBI, Louisiana Police, AFP, United Health Foundation, Louisiana Department of Education, Louis County Board, United Democracy Center ., Tennessee Educators, The Tennessee Bureau, Investigation, Volunteer State, Rights, Republican Gov, Care, National Conference of State Legislatures, Reproductive Clinic, Washington, Washington Post, Guttmacher, Sooner State, Alabama Voters, Alabama, Center, Election Innovation, Research, Oxfam America, State, Indiana, Getty Images Indiana, Hoosier State, Reproductive, Fort Duncan Regional Medical Center Locations: States, Arizona, Phoenix , Arizona, Sunflower, America . Kansas, Kansas, New Orleans, Pelican, Louisiana, Missouri, Louis, Louis County, St, Ann , Missouri, United Democracy Center . Missouri, Tennessee, Nashville, Nashville , Tennessee, Seth, Arkansas, New Mexico, Oklahoma, Santa Teresa , New Mexico, Oxford , Alabama, Delaware , Mississippi, New Hampshire, Alabama, Hoosier, Indiana, Eagle Pass , Texas

☆ Trump is 'fine' after a shooting at Pennsylvania rally, spokesperson says
▼ + stars: | 2024-07-13 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Secret Service said former President Donald Trump is "safe" after a shooting at a campaign rally. A Trump spokesperson told BI the former president is "fine" and "being checked out" at a local medical facility. AdvertisementDonald Trump is doing "fine" following a shooting at a Saturday rally in Butler, Pennsylvania, a Trump spokesperson told Business Insider in an email. "President Trump thanks law enforcement and first responders for their quick action during this heinous act," the spokesperson said. This story is available exclusively to Business Insider subscribers.

Persons: Donald Trump, —, Trump Organizations: Service, Trump, Business Locations: Butler , Pennsylvania

☆ Elon Musk donated to a pro-Trump super PAC, Bloomberg reported
▼ + stars: | 2024-07-13 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Elon Musk donated an undisclosed amount of money to America PAC, sources told Bloomberg. The billionaire previously said on X that he is not donating money to any candidates. But Musk has been critical of President Joe Biden and has supported right-wing causes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk has donated an undisclosed amount of money to America PAC, a super political action committee working to elect Donald Trump in 2024, sources familiar with the donation told Bloomberg.

Persons: Elon Musk, Joe Biden, —, Donald Trump, Trump, Musk Organizations: Elon, America PAC, Bloomberg, Service, Business

Shooting at a Trump Rally in Pennsylvania: Diagrams, Maps and PhotosThe Associated Press; Photograph By Doug Mills/The New York TimesFormer President Donald J. Trump was whisked off the stage at his rally in Pennsylvania on Saturday after an armed person fired shots toward the area where he was speaking. The New York TimesThe rally took place on the grounds of the Butler Farm Show in Western Pennsylvania, about 35 miles outside of Pittsburgh. In a statement, a spokesman for the Secret Service said that one spectator at the rally was killed and two were critically injured. The suspected shooter was killed by the Secret Service, according to three people who had been briefed on the matter. Eric Lee/The New York TimesFollow live Times coverage of the shooting here.

Persons: Doug Mills, Donald J, Trump, Witnesses, Eric Lee Organizations: Trump, Press, New York Times, Secret Service, Secret Locations: Pennsylvania, Western Pennsylvania, Pittsburgh

☆ Watch Friday's full episode of Fast Money — July 12, 2024
▼ + stars: | 2024-07-12 | 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 EmailWatch Friday's full episode of Fast Money — July 12, 2024"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

☆ Ambani's wedding kicks off in India this weekend. Here's who will be at the star-studded event
▼ + stars: | 2024-07-12 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

Anant Ambani fiancée Radhika Merchant pose for a photo on the red carpet during their sangeet ceremony at Jio World Centre in Mumbai. All eyes are on this weekend's mega wedding in India, where the youngest son of Asia's wealthiest man prepares to tie the knot with his long-time sweetheart after months of lavish pre-wedding celebrations. Indian tycoon Mukesh Ambani — the country's richest man and the billionaire chairman of Indian conglomerate Reliance Industries — is throwing a three-day wedding bash for his son that kicks off on Friday. The groom is his 29-year-old son Anant Ambani and 29-year-old Radhika Merchant, the daughter of Viren Merchant, owner of Encore Healthcare. The Ambani family has stayed mum about the star-studded guest list, but multiple media reports have said 16-time Grammy award winner Adele could be one of the main performers.

Persons: Anant Ambani, Radhika Merchant, Mukesh Ambani, Viren Merchant, Ambani, Adele, Drake, Mike Tyson, Kim Kardashian, Ram Nath Kovind, Boris Johnson, Tony Blair, Mark Tucker, Jay Lee, Morgan Stanley's Michael Grimes, Gianni Infantino Organizations: Reliance Industries, Encore Healthcare, Wall Street, CNBC, Business, HSBC Holdings, Samsung Electronics Co, FIFA Locations: Mumbai, India, Hollywood, Bandra

☆ 'Longlegs,' a Satanic horror movie starring Nicolas Cage, is being called one of the scariest films. Here's what happens in its blood-soaked ending.
▼ + stars: | 2024-07-12 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +16 min

In this part, Lee and Carter also go to the Camera family farm, where one of the murders happened in 1975. Agent Carter is satisfied and believes the arrest will allow the murdered families to have justice. AdvertisementLee and another FBI agent, Agent Browning (Michelle Choi-Lee), go to her mother Ruth's house to bring Ruth in for questioning, given Cobble's comments before his death. NEONUnderwood, who plays Agent Carter, gives a quietly devastating performance in his final scene in the film. "It would be something else: prequel or another movie in the universe of 'Longlegs,' or something very unexpected."

Persons: —, it's, Maika Monroe, Lee Harker, Agent Carter, Blair Underwood, Lee, she's, smartly, Nicolas Cage's, Osgood Perkins, Here's, Perkins, Young Lee, Monroe, Carter's, Ruby, Longlegs, Dale Ferdinand Cobble, Cobble, Ruth, Alicia Witt, Carter, Carrie Ann Camera, Carrie Ann, Kiernan Shipka, admonishing, Carrie Ann's, Browning, Michelle Choi, Ruth monologuing, dollmaker, he'd, Lee —, doesn't, Perkins —, he's, I'm, Witt, Underwood, Perkins hadn't, Oz …, There's Organizations: Service, Business, FBI, BI

Ahead of those meetings, defections in Biden’s Democratic coalition in Congress continued. More than a dozen Democratic House members and at least one Democratic senator have publicly called on Biden to withdraw from his reelection campaign. Speaking with reporters on Friday, Biden campaign communications director Michael Tyler acknowledged “anxiety” from Capitol Hill, but insisted Biden will continue outreach to lawmakers to shore up his support. Biden, for his part, came off as chastened during the news conference and was less defiant than in previous appearances. Biden’s campaign, meanwhile, has bluntly acknowledged the challenges it has faced since his debate performance two weeks ago.

Persons: Joe Biden, Hakeem Jeffries, Jeffries “, Jeffries, Biden, Mike Levin of, It’s, he’ll, Chuck Schumer, Jeffries –, Nancy Pelosi –, –, Michael Tyler, ”, “, he’s, we’ve, presser, Volodymyr Zelensky, Putin, Donald Trump’s, Kamala Harris, Democratic doubters, ABC’s George Stephanopoulos, Harris, ” Biden, Jen O’Malley Dillon, O’Malley Dillon, Axios Organizations: Washington CNN, Democratic, New York Democrat, CNN, Congressional Asian Pacific American Caucus, Congressional Hispanic Caucus, New Democrat Coalition, Congressional Progressive Caucus, Biden’s Democratic, Democrats, Democratic House, Rep, Senate, Congress, Biden, NATO, Trump Locations: Mike Levin of California, Congress –, Capitol, Israel, Russia, China, United States

☆ Global population to peak within this century as birth rates fall, United Nations report says
▼ + stars: | 2024-07-12 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

The world population is on course to peak earlier than expected this century as some of the world's largest countries face declining birth rates, according to the United Nations. According to the organization's biennial World Population Prospects report, global population is projected to peak at around 10.3 billion in the mid-2080s from the current 8.2 billion. The UN in 2022 had estimated the world population would peak at 10.4 billion by the 2080s. The total population of these countries is stipulated to fall by 14% over the next 30 years. For 126 countries including the United States, India, Indonesia, and Pakistan, population is expected to peak in the second half of the century or later.

Persons: Li Junhua, Li Organizations: United Nations, UN, Economic, Social Affairs, Central African, Democratic Locations: China, South Korea, Spain, Italy, Germany, Japan, Russia, Niger, Somalia, Central African Republic, Democratic Republic of Congo, United States, India, Indonesia, Pakistan

☆ A string of Waymo tire slashings is the latest example of vandalism against self-driving cars in San Francisco
▼ + stars: | 2024-07-12 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Read previewOver a dozen of Waymo's self-driving cars were vandalized in San Francisco. San Francisco District Attorney Brooke Jenkins announced Thursday that 36-year-old Ronaile Joshua Burton has been charged with 17 counts of vandalism on Waymo self-driving vehicles. AdvertisementThe arrest follows other reported incidents of vandalism against Waymo's self-driving cars in the last year. Waymo Vehicle surrounded and then graffiti’d, windows were broken, and firework lit on fire inside the vehicle which ultimately caught the entire vehicle on fire. San Francisco is one of the main test beds for self-driving tech, and incidents involving the vehicles — as well as traditional human-driven cars — are bound to come up.

Persons: —, Brooke Jenkins, Joshua Burton, Burton, Adam Birka, Ms, White, Waymo, Séraphine Hossenlopp, Tesla, Zoox, Cruise, Insider's Lloyd Lee Organizations: Service, San, Business, Prosecutors, FRANCISCO FIRE DEPARTMENT, London Breed, Reuters, General Motors Locations: San Francisco, Chinatown

U.S. President Joe Biden attends a Partnership for Global Infrastructure and Investment (PGII) event, on the first day of the G7 summit, in Savelletri, Italy, June 13, 2024. "He needs to drop out," one Biden campaign official said. "No one involved in the effort thinks he has a path," said a second person working to elect him. "But Joe Biden and this campaign have made it through setbacks before. We're all waiting around for Joe Biden to f--- up again, which is not a great position to be in."

Persons: Joe Biden, Joe Biden's, Biden, Kamala Harris —, Donald Trump, he's, Jen O'Malley Dillon, Julie Chavez Rodriguez, O'Malley Dillon, Chavez Rodriguez, Arizona —, Trump, shouldn't, Biden floundering Organizations: Global Infrastructure, Investment, WASHINGTON —, NBC News, Democratic, Biden, Trump, AARP, NBC, Republican, Public Locations: Savelletri, Italy, Georgia, Arizona, Michigan , Wisconsin, Pennsylvania, Wisconsin

☆ Russia's thwarting of precision Western weapons in Ukraine shows the value of things like old-fashioned, unguided artillery, European general says
▼ + stars: | 2024-07-11 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

Read previewRussia's thwarting of precision weapons provided to Ukraine by the West shows there are still use cases for unguided artillery in technologically advanced warfare, a Finnish general told The Wall Street Journal. Both Ukraine and Russia have engaged in electronic warfare. Lt. Gen. Esa Pulkkinen, the permanent secretary of Finland's defense ministry, told The Journal that electronic warfare has shown that there are still uses for less-advanced, unguided artillery shells. AdvertisementAccording to The New York Times, precision-guided weapons have been a large point of focus for the US's broader defense strategy, but in Ukraine, the war is largely fought with unguided artillery. As a result, the US and others in the West have ramped up production of unguided artillery shells.

Persons: —, they're, Esa Pulkkinen, Pulkkinen Organizations: Service, Wall Street, Russia, Business, Artillery, The New York Times, Pentagon Locations: Ukraine, Finnish, Russia, Swedish

☆ ‘Even Jordan doesn’t have his face on a sneaker’: How Stan Smith became both a tennis and fashion icon
▼ + stars: | 2024-07-11 | by ( Matias Grez | ) edition.cnn.com time to read: +11 min

CNN —Depending on your age, the name Stan Smith probably means one of two things. Even Jordan doesn’t have his face on a sneaker.”Stan Smith during his victorious 1972 Wimbledon run. The rise in popularity of the Stan Smith sneaker coincided with a slump towards the end of his tennis career and it began permeating a wide array of cultures in the UK and US. “It was one of my goals to win that tournament,” Smith says. Stan Smith, Ilie Năstase and Tom Okker at a meeting of the Association of Tennis Professionals (ATP) in London, 20th June 1973.

Persons: Stan Smith, ” Smith, “, it’s, ”, Cari, Jordan doesn’t, ” Stan Smith, Danny Lee, Smith, that’s, Stan Smith sneaker, David Bowie, ’, Pharrell Williams, Robert Haillet sneaker, Nicolas Armer, Horst Dassler, Donald Dell, Adidas Robert Haillet, Gary Aspden, ” Arthur Ashe, Arthur Ashe, Henry Burroughs, Ashe, ” Dell, Lyndon Johnson, Ashe couldn’t, Bob Lutz, LeBron James ’, Dell, Martin Luther King Jr, Tony Duffy, Allsport, Ashe’s, Arthur, ” Lee, Smith’s, Mark Mathabane, Marjory, Mathabane, Roger Jackson, wasn’t, Niki Pilić, Pilić, Smith –, Ilie Năstase, Tom Okker, Michael Webb, Stan Organizations: CNN, Adidas, Wimbledon, Hulton, Beastie Boys, Davis, Pasadena Tennis, US Davis, USA, Los Angeles Tennis Club, Americas, Civil, wouldn’t, Star ”, South, University of South, Central Press, International Tennis Federation, ‘, Yugoslav Tennis Association, Tennis, Association of Tennis Professionals, Keystone Locations: Young, Paris, USA, French, Wimbledon, Pasadena , California, Pasadena, American, Mexico, America, Vietnam, Houston , Texas, United States, South Africa, Beverly Hills, Soweto, Alexandria, South African, Johannesburg, University of South Carolina, ‘, London, ’

☆ Analysis: Democrats keep piling on as Biden stands firm
▼ + stars: | 2024-07-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

And I think I’m the best qualified to win,” Biden told reporters at the NATO summit. CNN reported Thursday evening that Pelosi and former President Barack Obama have spoken privately about Biden and the future of his campaign. Another deeply painful ordealNo president has undergone a trial by news conference like the one Biden endured. And shortly afterwards, when a reporter asked Biden to weigh in on the qualities of his vice president, he referred to “Vice President Trump” instead of Kamala Harris. Tennessee Rep. Steve Cohen told CNN’s Anderson Cooper that Democrats need to stop their “fantasy games” and unite to beat Trump.

Persons: Joe Biden’s, Biden, Donald Trump, “, ” Biden, —, Jim Himes —, Nancy Pelosi, Biden’s, Pelosi, Barack Obama, poignantly, Trump —, George H.W, Bush —, Trump, Volodymyr Zelensky, Vladimir Putin, Nikki Haley, Trump ”, Kamala Harris, pollsters, CNN’s Edward, Issac Dovere, Jeff Zeleny, Obama, ”, MAGA, CNN’s MJ Lee, Himes, CNN’s Kaitlan Collins, you’re, Steve Cohen, CNN’s Anderson Cooper, I’m Organizations: CNN, NATO, Trump, Democratic, South Carolina Gov, White, House Intelligence, Connecticut Democrat, Tennessee Locations: West, Russian, Atlanta, Washington, Connecticut, United States of America

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "I understand why President Biden wants to run. Related storiesBusiness Insider reached out to the Biden campaign and Welch's office for comment. AdvertisementOn Tuesday, Democratic Sen. Michael Bennet of Colorado stopped short of calling for Biden to withdraw from the race but said it was something that needed to be discussed. Eight House Democrats have already called on Biden to drop out.

Persons: —, Sen, Peter Welch, Joe Biden, Biden, Welch, Biden's, Donald Trump, Democratic Sen, Michael Bennet of Colorado, Bennet Organizations: Service, Vermont Democrat, Washington, Democrat, Business, Democratic, CNN, Senate, Eight, Democrats, BI, Biden, Trump Locations: Vermont

☆ AI will double data center capacity in the next few years, CapitaLand Investment says
▼ + stars: | 2024-07-11 | 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 EmailAI will double data center capacity in the next few years, CapitaLand Investment saysMichelle Lee, managing director of private funds (data center) at CapitaLand Investment, says power sourcing will be "as important, if not more important, than land sourcing."

Persons: Michelle Lee Organizations: CapitaLand, CapitaLand Investment

“It’s not like Biden’s inner circle didn’t know this,” one Democratic strategist close to the White House said of the extent of the president’s recent decline. “Expect a drip, drip, drip,” said one former Biden White House official. “Blinders are off and everyone is aware,” one source close to the White House told CNN. “He’s declined,” one House Democratic lawmaker who attended the gala told CNN. She wields influence in the White House and campaign, and sits in on some of the president’s political meetings.

Persons: Joe Biden, George Clooney wasn’t, Biden, “, ”, Barack Obama, Obama, Bill Clinton, “ He’s, –, ’, Camp David, “ It’s, Tom Vilsack –, Andrew Bates, “ Joe Biden, ” Bates, Jens Stoltenberg, Keir Starmer, Jacquelyn Martin, Nancy Pelosi, Lester Holt, Ari Emanuel, Ron Klain, ” Emanuel, Klain, Emanuel, Bates, Brett McGurk, Xi Jinping, Kevin Lamarque, Lady Jill Biden, Hunter Biden’s, Emmanuel Macron, Jill Many, Jill Biden, Chris Kleponis, “ She’s, she’s, Jill Biden’s, Valerie Biden Owens, Jill, Valerie won’t, CNN’s Priscilla Alvarez, Kylie Atwood, Betsy Klein, Arlette Saenz, Phil Mattingly Organizations: CNN, Peacock Theater, Radio City Music Hall, Democrat, White, Democratic, Biden, Camp, Los, “, Biden White House, NATO, British, AP, MSNBC, NBC, White House, Congressional Hispanic Caucus, Economic Cooperation, Getty, Democratic Party Locations: Los Angeles, Italy, California, New York, Washington, Las Vegas, Aspen , Colorado, United States, Filoli, Asia, Woodside , California, Wilmington , Delaware, Paris, France, Wilmington, Pennsylvania, AFP

☆ Bukchon Hanok Village: South Korea to set visitor curfew for historic district to crackdown on tourists
▼ + stars: | 2024-07-11 | by ( Heather Chen | ) edition.cnn.com time to read: +4 min

Known for its picturesque and well-preserved traditional Korean houses called “hanok,” Bukchon Hanok Village is one of Seoul’s most popular tourist hot spots – attracting thousands of visitors every day. But tourists greatly outnumber residents and complaints about noise, littering and privacy issues in the vicinity have escalated over the years. Located in the Jongno district in downtown Seoul, Bukchon sits near other cultural landmarks like the Jongmyo royal ancestral shrine and the grand Gyeongbokgung and Changdeokgung palaces. In a bid to ease tensions and control crowds, district officials will start to restrict tourist access to the popular village from as early as October this year. Out-of-control tourists have been especially problematic in Kyoto, one of Japan’s most popular tourist cities, famed for its iconic Gion geisha district.

Persons: Rhee Soo, Lee Youn, ” Lee, Overtourism, Sindere, “, ”, Emma Hägg Organizations: South Korea CNN, CNN, Tourists Locations: Seoul, South Korea, throngs, Jongno, Bukchon, South Korea’s, Korea, Barcelona, Italy’s, Venice, Japan, Mount Fuji, Kyoto, Sweden, Swedish

☆ One of the world's greatest Go players who was defeated by AI warns that the technology may not come with a 'happy ending'
▼ + stars: | 2024-07-11 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewOne of the world's greatest Go players who was defeated by an artificial intelligence program warns that the technology may come with a rude awakening for humans as it advances. This story is available exclusively to Business Insider subscribers. 1 through frantic efforts," Lee told Yonhap News Agency at the time. "People used to be in awe of creativity, originality, and innovation," Lee told The Times. Noam Chomsky, a linguistics professor and philosopher, previously told Business Insider in 2023 that he was "skeptical" that artificial intelligence could make breakthroughs in studies like the arts.

Persons: —, Lee, AlphaGo, Google's DeepMind, I've, Noam Chomsky, Steven Spielberg, Stephen Colbert, Spielberg Organizations: Service, Business, Yonhap News Agency, The New York Times, Go, The Times Locations: South Korean, Seoul

☆ Watch Wednesday's full episode of Fast Money — July 11, 2024
▼ + stars: | 2024-07-11 | 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 EmailWatch Wednesday's full episode of Fast Money — July 11, 2024"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

☆ Japanese warship entered China's waters near Taiwan despite warnings, domestic media reports
▼ + stars: | 2024-07-11 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

A Japanese maritime self-defense force destroyer entered Chinese territorial waters recently in spite of warnings by Chinese vessels, Kyodo News reported Thursday. The Suzutsuki temporarily ventured into waters off China's eastern province of Zhejiang on July 4, according to Kyodo. Instead, the vessel "sped up and navigated" into the Chinese waters for about 20 minutes before leaving. Japan is holding the position that the destroyer's entry into Chinese waters was not illegal, Kyodo News reported. China often sends its coast guard and military vessels into Japanese territorial waters near the disputed Senkaku Islands in the East China Sea.

Organizations: Self, Defense Force, Kyodo, China's, Safety Administration, United Nations Convention Locations: Japan, Tanjung Priok, Jakarta, Indonesia, Zhejiang, East, Beijing, China

☆ China’s ETF market sees ‘explosive’ growth, inflows jump 5-fold in three years, Morningstar says
▼ + stars: | 2024-07-10 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Chinese exchange-traded funds saw a "staggering" growth in the last five years, with inflows consistently notching new highs, according to Morningstar. "Annual inflows to China ETFs surged almost fivefold over the past three years," Morningstar's analyst Wanda Wang said in a June report. According to data provided by the American financial services firm, total yearly inflows to Chinese ETFs swelled from 127.2 billion Chinese yuan ($17.49 billion) in 2021, to 387.2 billion yuan in 2022. In 2023, this figure hit 604.3 billion yuan. "The growth of the Chinese ETF market over the past few years is explosive," Wang told CNBC.

Persons: Morningstar, Wanda Wang, Wang Organizations: CNBC Locations: China

☆ Locusts in your noodles? Singapore approves 16 insect species as food
▼ + stars: | 2024-07-10 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

From locusts to superworms to honey bees, Singapore has approved 16 species of insects for human consumption. "With immediate effect, SFA will allow the import of insects and insect products belonging to species that have been assessed to be of low regulatory concern," the Singapore Food Agency said in a statement. The agency said the following list of approved bugs can be imported for both human consumption and animal feed for food producing animals. Singapore's food agency acknowledged that the country's insect industry is "nascent" and that the critters are a new food item in the city-state. But in announcing a regulatory framework for edible insect imports, the SFA emphasized its priority was ensuring the safety of food consumed in Singapore.

Persons: mealworm, Fura, Insectyumz Organizations: SFA, Singapore Food Agency, House, Sustainability, Seafood Locations: Singapore

☆ Why June CPI is going to be a big moment for stock market bulls, according to Fundstrat's Tom Lee
▼ + stars: | 2024-07-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The June CPI report will show a continued drop in inflation, according to Fundstrat's Tom Lee. Lee expects a soft June CPI report will push the Fed to cut rates more than two times this year. "It's going to be a week of reckoning, and I mean a reckoning of how people view inflation and the state of the economy." Lee is also bullish on small-cap stocks, which have badly lagged the broader stock market rally so far this year. AdvertisementJPMorgan's trading desk also expects a light June CPI report will boost stock prices.

Persons: Tom Lee, Lee, —, it's, What's, JPMorgan's Andrew Tyler Organizations: Service, Federal Reserve, CPI

☆ Democrats are still fretting about Biden’s disastrous debate. He’s ready to be done talking about it.
▼ + stars: | 2024-07-10 | by ( Mj Lee | Kayla Tausche | ) edition.cnn.com time to read: +6 min

Aides to the president told CNN that not only are they no longer interested in discussing Biden’s on-stage fiasco last month, and there are simply no outstanding questions about the president’s political future to debate. “We’re done talking about the debate and focused on a singular mission: Defeating Donald Trump in November,” one Biden aide told CNN. Tuesday’s White House press briefing was once again dominated by questions about Biden’s health, mental fitness and the political fallout of the debate. “Jill and Valerie won’t let him go down in flames,” this adviser told CNN, referencing the president’s wife and sister by their first names. Michael Bennet of Colorado, Sherrod Brown of Ohio and Jon Tester of Montana all said they thought Biden cannot win the election, a source familiar told CNN.

Persons: Joe Biden’s, Biden, Donald Trump, “, ”, Trump, It’s, Jill, Valerie won’t, Hakeem Jeffries, Jeffries, Jim Clyburn, Michael Bennet of Colorado, Sherrod Brown of, Jon Tester, Chuck Schumer, Karine Jean, Pierre, Jean, ” CNN’s Nikki Carvajal, Annie Grayer, Dana Bash, Ted Barrett, Michael Williams Organizations: Washington CNN, CNN, Diplomats, NATO, Biden, Capitol, Democratic, Monday, Democratic Convention, Trump, Democrat, Capitol Hill, Democrats ’, Democratic Rep, Sens, “ Locations: Biden’s, Tuesday’s, Washington, Sherrod Brown of Ohio, Montana

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