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☆ EEOC says Globe Life "created, condoned" a work environment that is hostile and abusive to women
▼ + stars: | 2024-09-27 | by ( Susan Antilla | ) www.businessinsider.com time to read: +10 min

Federal agency finds Globe Life tolerated nonconsensual touch, unwelcome genital exposure, sexual quid-pro-quos at top agency. EEOC says agents at the Globe Life agency were employees, not contractors. Equal Employment Opportunity Commission has found that Globe Life tolerated a "pervasive pattern of harassing conduct" against women at one of its top-producing sales agencies. American Income Life is one of five wholly owned subsidiaries of Globe Life that sell life, accident, and supplemental health insurance. Globe Life disclosed that risk in its filing this morning with the SEC and said it would fight any such lawsuit vigorously.

Persons: EEOC, —, Arias, Mark P, Carey, Renee Zinsky, Michael Russin, she'd, Zinsky, AIL, Sarah Reay, Matthew D, Trina Orlando, Anne Rose Dana, King, Jennifer Haworth, Simon Arias, partied, marshaling, Globe, Panda, Wilmer Hale, Matt Darden, Abeni Mayfield, Department of Justice —, Deborah A, Kane, Amy Williamson Organizations: Globe Life, Service, Commission, Business, BI, Globe, Arias Organization, Securities and Exchange Commission, Wexford, King & Spalding, Las, Department of Justice, Research, SEC Locations: Southport , Connecticut, Wexford, Pennsylvania, Morgantown , West Virginia, Las Vegas, Columbia , Maryland, Pittsburgh

☆ Nearly 1 in 3 US adults may have an iron deficiency, study suggests
▼ + stars: | 2024-09-27 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +8 min

Absolute iron deficiency can be treated with iron supplements, and functional iron deficiency is managed by treating the underlying conditions leading to it, Buckley said, adding that the long-term consequences of functional iron deficiency remain under investigation. Absolute iron deficiency was also common among older women and men, a group that may be more susceptible to the effects of iron deficiency,” he said. Even among adults without conditions that may be associated with iron deficiency – anemia, heart failure, chronic kidney disease or pregnancy – the estimated prevalence of absolute iron deficiency was 11% and that of functional iron deficiency was 15%. Only about 33% of the adults with absolute iron deficiency and 14% of adults with functional iron deficiency had a potential medical reason to screen for iron deficiency, such as anemia, heart failure, chronic kidney disease or pregnancy. However, we know that iron deficiency can cause symptoms before a patient becomes anemic, as anemia is a late-stage manifestation of iron deficiency,” he said.

Persons: Dr, Leo Buckley, Buckley, ”, “, menstruate, Jacob Cogan, Cogan, ” Cogan, Sanjay Gupta, Theodore Strange, ” Strange Organizations: CNN, United States –, JAMA, of Pharmacy, Brigham, Women’s, Women’s Hospital, National Health, University of Minnesota, CNN Health, Northwell’s Staten Island University Hospital Locations: United States, Boston, Northwell’s

☆ I left Goldman Sachs to plan weddings for the ultra-rich. I do 4 key things to keep my clients — and their families — happy.
▼ + stars: | 2024-09-27 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +6 min

Lelian Chew is the founder of The Atelier & Co, a Singapore-based luxury wedding planning company. I spent a decade at Goldman Sachs, working in Singapore and Hong Kong managing key relationships by flying to a different Chinese city each day. English wasn't his first language, so he misunderstood and thought I was starting a wedding planning business. He immediately asked me to help plan his son's wedding, insisting I take a look since I knew the family well. Many of our elder clients want to see their grandchildren uphold customs they cherish, like family crests and cultural elements.

Persons: Chew, Chew doesn't, —, Lelian Chew, Goldman Sachs, I, Lelian, it's Organizations: Service Locations: Singapore, Hong Kong, Indonesia, Maldives

☆ Harris heads to the US southern border, looking to close a polling gap with Trump
▼ + stars: | 2024-09-27 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +6 min

Advisers to the vice president remain concerned about the gap between the candidates on immigration. Trump alluded to his current polling edge Thursday as he slammed his rival ahead of her visit to the border. Harris plans to use her trip to the US-Mexico border to slam Trump for scuttling the bipartisan border deal and lean into her work as attorney general of California, a border state, a campaign aide said. Adrees Latif/REUTERS/REUTERSAn early strategyThe Harris campaign signaled early on that it planned to counter Trump’s attacks on the vice president and the administration’s handling of border security. Harris previously visited the border as vice president and has cited her work as a border-state senator and state attorney general.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, “, ” Harris, Adrees Latif, “ Kamala Harris, Friday’s, Biden, that’s, ”, CNN’s Kit Maher Organizations: CNN, Republicans, Democratic, Trump, REUTERS, Border Patrol, New York Times, Siena College, Fox, Biden, Congressional Hispanic Caucus Institute Locations: Arizona, Trump, New York, Mexico, California, India, United States, Ruby , Arizona, It’s, Central America, Washington

☆ Shohei Ohtani: 18-year-old files lawsuit over ownership of historic 50-50 ball, seeks to prevent auction
▼ + stars: | 2024-09-27 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —An 18-year-old has filed a lawsuit over the ownership of the ball Shohei Ohtani made baseball history with when he became the inaugural member of the 50-50 club. The ball had been put up for auction by auctioneers Goldin, with bids starting at $500,000 and collectors able to purchase it privately outright for $4.5 million. Both Belanski and Kelvin Ramirez indicated on social media that they intended to sell the ball, per the filing. In December 2002, a San Francisco judge ordered the two men to sell the ball and split the proceeds. The ball was eventually sold to comic book creator and producer Todd McFarlane who paid $450,000 for it.

Persons: Ohtani, auctioneers Goldin, Max Matus, Chris Belanski –, Goldin, Kelvin Ramirez, Matus, Max’s, Belanski, “, ” John Uustal, it’s, Max, ”, Ramirez, Barry Bonds, Alex Popov, Patrick Hayashi, Hayashi, Todd McFarlane Organizations: CNN, Los Angeles Dodgers, Miami Marlins, Dodgers, Marlins, ” CNN Locations: Florida’s, Belanski’s, Matus, San Francisco

☆ Athlos: Lucrative prizes won by world’s top athletes at inaugural women-only event
▼ + stars: | 2024-09-27 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Some of the world’s best track and field athletes competed for lucrative prizes on Thursday, as the inaugural women-only Athlos event got underway in New York. The prize money is twice what athletes currently win at the Diamond League finale, according to Reuters. And I said, ‘Great, I’m going to double it for one single race,’” Ohanian previously told Reuters. Earlier this month, the Diamond League announced it would increase its prize money for the 2025 season. The total prize money per discipline will now be between $30,000 and $50,000 at regular meetings and between $60,000 and $100,000 for the season-finale.

Persons: Alexis Ohanian, Serena Williams, “, ” Ohanian, Gabby Thomas, Brittany Brown, Patrick Smith, ” Brown, Faith Kipyegon, Marileidy Paulino, Ohanian, Athlos, Michael Johnson Organizations: CNN, Diamond League, Reuters, Triple, National Women’s Soccer League, Angel City FC, – Locations: New York

Wang, chief China equity strategist at Morgan Stanley, told CNBC's " Street Signs Asia " Friday that the index could rise by another 10%. But she cautioned that more details on Beijing's recent economic stimulus measures were needed for a sustained rally. Chinese stocks rose further after Beijing on Thursday called for halting the real estate slump and a strengthening of monetary and fiscal policy. He said he's bought more Chinese stocks since. "After the break, we would really like to see as soon as possible the execution details on the physical spending and on the market stabilization measures," Wang said.

Persons: Morgan Stanley's Laura Wang, Wang, Morgan Stanley, CNBC's, Goldman Sachs, David Tepper, he's Organizations: CSI Locations: Shanghai, Shenzhen, China, Beijing

☆ 'Jailbreak: Love on the Run' looks at Casey White, a man who escaped prison with a corrections officer. Here's where he is now.
▼ + stars: | 2024-09-27 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

"Jailbreak: Love on the Run" revolves around Casey White, an inmate who escaped prison in 2022. He broke out of Lauderdale County Jail with the help of corrections officer, Vicky White. It revolves around Casey White, who was given a 75-year prison sentence for attempted murder and robbery in 2015. Casey White remains in prison, and he was almost charged with Vicky White's death. Casey White being escorted by police officers as seen in Netflix's "Jailbreak: Love on the Run."

Persons: Casey White, Vicky White, Casey, —, Connie Ridgeway, Vicky, Vicky White's, Vicky's, William E, Ridgeway, Austin Williams, There's Organizations: Netflix, Service, CNN, Donaldson, Alabama Department of Corrections, Fox News Locations: Lauderdale County, Lauderdale County Jail, Alabama, Lauderdale, Florence , Alabama, Evansville , Indiana, Bessemer

☆ In pictures: Dame Maggie Smith
▼ + stars: | 2024-09-27 | by ( Brook Joyner | ) edition.cnn.com time to read: +1 min

Dame Maggie Smith, one of Britain’s best-known actresses on stage and screen, has died, her sons announced in a statement shared by their publicist Clair Dobbs. She was 89. Smith began her acting career on stage in the 1950s and in 1964, she played Desdemona to Laurence Olivier’s Othello, before reprising the role for the film version the following year. She came to the notice of younger viewers as the strict but fair witchcraft teacher Minerva McGonagall in “Harry Potter and the Sorcerer’s Stone”, also appearing in several “Harry Potter” sequels. In her later years, Smith became a role model for ageing gracefully, a process she handled with her customary charm and wit.

Persons: Dame Maggie Smith, Clair Dobbs, Smith, Desdemona, Laurence Olivier’s, Miss Jean Brodie, ”, Minerva McGonagall, “ Harry Potter, Harry Potter Locations: “

☆ China's stock markets are partying like it's 2008, overwhelming systems
▼ + stars: | 2024-09-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

China's stock markets surged this week, marking the best weekly performance since late 2008. AdvertisementChina's stock markets closed sharply higher Friday, notching their best week in 16 years as investors joined the rally party. The stock market party overwhelmed tech systemsThe stock market party got too hot to handle. AdvertisementFurthermore, the US Federal Reserve has started cutting interest rates, which has historically benefited Chinese markets, they added. So even if Beijing's stimulus isn't enough for China's economy, a liquidity or leverage-driven market rally could still be "very powerful," they wrote.

Persons: —, Vishnu Varathan, Hong, Hao Hong, Pan Gongsheng, Data.TS, Freya Beamish, Rory Green Organizations: Service, Grow Investment, Shanghai Stock Exchange, of America, Bank of America, US Federal Reserve, People's Bank of China Locations: China, Beijing, Asia, Japan, Shanghai, India

☆ Proto’s hologram boxes can beam ‘3D’ video into your living room
▼ + stars: | 2024-09-27 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +6 min

CNN —Billing itself as the world’s “first holographic communications platform,” US startup Proto is beaming life-size, “3D” video into universities, hotels and medical centers. The boxes can reproduce pre-recorded video as well as a live feed, and any 4K camera, including an iPhone, can be used as the source. Nussbaum, whose background is in radio and podcasting, started Proto in 2018. In 2023, video of actor William Shatner was beamed from Los Angeles to the Advertising Week APAC event in Sydney, Australia. A similar technology launched by Dutch company Holoconnects has been deployed at hotels in Scandinavia, and used for advertising by BMW.

Persons: CNN —, —, William Shatner, ”, David Nussbaum, Nussbaum, Holoconnects, Gary Burnett, Proto, Clay Jackson, Crystal Freeman, “ Organizations: CNN, Inc, Amazon, Verizon, Siemens, Accenture, Walmart, NFL, JFK, Beverly Wilshire, BMW, Google, HP, Cisco, MIT, Vanderbilt, Stanford, University of Loughborough, Loughborough University, West Cancer Center, University of Tennessee College of Medicine Locations: Los Angeles, Orlando , Florida, Sydney, Australia, New, Beverly Hills , California, Scandinavia, Webex, Central Florida, Memphis , Tennessee, New Jersey

☆ This old-line industrial stock is making a classic bearish-to-bullish reversal, says Carter Worth
▼ + stars: | 2024-09-27 | by ( Carter Braxton Worth | ) www.cnbc.com time to read: +2 min

Old-line hand tools manufacturer Stanley Black & Decker (SWK) , founded in 1843, is a fallen champion that's judged to be making a comeback. Its chart pattern qualifies as a "bearish-to-bullish" reversal buy. The chart pattern at present is judged to be a "bearish-to-bullish" reversal buy, with the completion of the bottoming-out process implying a move to the $130+/- level. -Carter Braxton Worth For actionable recommendations via email and live nightly videos become a member at worthcharting.com . BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Stanley Black, Decker, that's, SWK, Carter Braxton Worth Organizations: CNBC, NBC UNIVERSAL

☆ Eric Adams arrives for arraignment on federal corruption charges
▼ + stars: | 2024-09-27 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

New York City Mayor Eric Adams arrived in federal court in Manhattan on Friday morning for his arraignment on criminal charges of receiving illegal campaign donations and undisclosed luxury travel gifts while doing favors for Turkey's government and Turkish businessmen. Adams, 64, was charged in a five-count indictment unsealed Thursday alleging conspiracy, bribery, wire fraud, and soliciting campaign contributions by foreign nationals. Kathy Hochul, a fellow Democrat weighs whether to force him from office by invoking a never-before-used provision of the city's Charter. Adams is set to be arraigned at noon ET before a magistrate judge, where he is expected to enter a not-guilty plea. District Court Judge Dale Hoe has scheduled an initial conference in Adams' case for Oct. 2, rejecting a request by the mayor's lawyer to hold the arraignment and that conference on a single day.

Persons: Eric Adams, Adams, Kathy Hochul, Dale Hoe Organizations: York City Locations: York, Manhattan, Turkish, city's

☆ Photos show flooding and destruction as Hurricane Helene slams Florida, leaving over 2 million homes and businesses without power
▼ + stars: | 2024-09-27 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: 1 min

Hurricane Helene’s powerful storm surge flooded streets in coastal areas like St. Pete Beach. Vehicles drive along a flooded road as Hurricane Helene makes landfall in St. Pete Beach, Florida. Joe Raedle/Getty ImagesAt least one person was killed in Tampa after a sign fell on their car, Gov. "We know that travel on the roads can be hazardous, and we typically, unfortunately, will have fatalities in every storm from that," said Gov. "When Floridians wake up tomorrow morning, we're going to be waking up to a state where very likely there's been additional loss of life."

Persons: Pete Beach, Pete, Joe Raedle, DeSantis Organizations: Florida . Vehicles Locations: Florida, Hurricane, St, Pete Beach , Florida, Tampa

☆ What is chroming? Here’s what parents should know
▼ + stars: | 2024-09-27 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

“(Chroming) can become addictive when it’s done over and over again.”Here’s what else you should know about the risks of chroming, signs of dependency and how to talk to young people about the practice. Chroming can also be fatal, and the amount and frequency necessary for that outcome to play out is unpredictable, experts said. Protecting kids from substance misusePreventing kids from chroming can be difficult since the items used are often household or hobby items. “The best way to approach chroming is to approach it like other dangers — an ongoing conversation over time,” Choi said. If you notice chroming is a recurring problem for your child, they may have a dependency they can’t easily stop despite your intervention, Pizon said.

Persons: Anthony Pizon, Pizon, Betty Choi, ”, ” Choi, inhalants, “ There’s, ” Pizon, Choi, TikTok, Chroming, “, you’re Organizations: CNN, University of Pittsburgh School of Medicine, Survey, Mental Health Services Administration Locations: United Kingdom, ”

☆ Paris Fashion Week: The best celebrity looks
▼ + stars: | 2024-09-27 | by ( Leah Dolan | ) edition.cnn.com time to read: +2 min

Pascal Le Segretain/Getty ImagesKylie Jenner at Schiaparelli. Neil Mockford/GC Images/Getty ImagesRob Lowe. Pascal Le Segretain/Getty ImagesNicole Richie at Saint Laurent. Pascal Le Segretain/Getty ImagesGwyneth Paltrow. Neil Mockford/GC Images/Getty Images

Persons: Kendall Jenner, Bella Hadid, Miu Miu, Louis Vuitton, Here’s who’s, Daniel Craig, Rachel Weisz, Loewe, Stephane Cardinale, Corbis, Kloss, Jacopo Raule, Jeff Goldblum, Emilie Livingston, Pascal Le Segretain, Kylie Jenner, Scott A, Willow Smith, Lila Moss, Neil Mockford, Rob Lowe, Sienna Miller, Laurent Vu, Bauer, Griffin, Anya Taylor, Joy, Natalie Portman, Christian Dior, Swan, Lauren Hutton, Saint Laurent, Marechal Aurore, Cyril Pecquenard, USA Cole Sprouse, Kelly Rutherford, Abdul Saboor, Jennifer Garner, Kate Moss, Zoë Kravitz, Saint, Aitor Rosas Sune, WWD, Juliette Lewis, Nicole Richie, Gwyneth Paltrow Organizations: CNN, Paris, Callaway, Balmain, Getty, Christian, Abaca, Dior, Saint Locations: Schiaparelli, Chloé, Saint Laurent

☆ Tesla jumps ahead of Q3 deliveries
▼ + stars: | 2024-09-27 | 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 EmailTesla jumps ahead of Q3 deliveriesSteve Grasso, Grasso Global CEO; Tim Seymour, CIO at Seymour Asset Management; Julie Biel, chief market strategist at Kayne Anderson Rudnick; and Mike Khouw, chief strategist at OpenInterest.Pr, join 'Fast Money' to discuss Tesla as the electric car maker is expected to report Q3 deliveries next week.

Persons: Tesla, Steve Grasso, Grasso, Tim Seymour, Julie Biel, Kayne Anderson, Mike Khouw Organizations: Grasso Global, Asset Management

☆ Netanyahu, at UN, vows that Israel will keep ‘degrading Hezbollah’ until its objectives are met
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: +5 min

Israel's Prime Minister Benjamin Netanyahu addresses the 79th United Nations General Assembly at U.N. headquarters in New York, U.S., September 27, 2024. And that's exactly what we're doing ... we'll continue degrading Hezbollah until all our objectives are met," Netanyahu said. He said he traveled to the United Nations to refute the untruths he had heard from other leaders on the same rostrum earlier in the week. Israel's Prime Minister Benjamin Netanyahu addresses the 79th United Nations General Assembly at U.N. headquarters in New York, U.S., September 27, 2024. Israel is vowing to step up its attacks on Hezbollah until its citizens can return safely to their homes.

Persons: Benjamin Netanyahu, Mike Segar, Netanyahu, Israel, Khan Younis, Ahmad Salem, Getty Images Ahmad Salem, Jalaa Marey Organizations: Israel's, United Nations General Assembly, Reuters, United Nations, United, Health Ministry, Bloomberg, Getty Images, Getty, Afp Locations: U.N, New York, U.S, Lebanon, Israel, El Paso, San Diego, ., Gaza, United Nations, Iran, Lebanese, United States, France, Galilee

☆ Moo Deng now has her own crypto, because of course she does
▼ + stars: | 2024-09-27 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

Moo Deng crypto. Given the sudden popularity of Moo Deng, the Thai national treasure whose name roughly translates as “bouncy pork,” it was only a matter of time before someone turned her into a digital asset. And given the nature of such memecoins, which have zero underlying value and trade purely on vibes, it’s no surprise Moo Deng Coin has shot up 1,400% since it was created less than three weeks ago. (It should be noted that crypto traders suspect this anonymous Moo Deng booster is an “insider,” since they bought the coin four hours after its creation, per the crypto news site Decrypt. Moo Deng coin is just the latest product of a niche online culture that also birthed Dogecoin (created as a joke to dunk on bitcoin) and Shiba Inu coin (a joke to dunk on Dogecoin).

Persons: Moo Deng, it’s, Deng, Shiba Inu Organizations: New, New York CNN Locations: New York, Thai

☆ Treasury yields dip ahead of key inflation data
▼ + stars: | 2024-09-27 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: 1 min

U.S. Treasury yields were lower on Friday, with investors looking to the release of key inflation data as they weighed the state of the economy. ET, the yield on the 10-year Treasury was down by over one basis point to 3.7714%. The 2-year Treasury yield was last at 3.6021% after falling by more than two basis points. Yields and prices have an inverted relationship. One basis point equals 0.01%.

Organizations: Treasury

☆ I quit my job because of an RTO mandate. I never want to work in an office again.
▼ + stars: | 2024-09-27 | by ( Jen Glantz | ) www.businessinsider.com time to read: +6 min

Jennifer Oliva quit her job after a return-to-office mandate in Fall 2021. AdvertisementThis as-told-to essay is based on a conversation with Jennifer Oliva, a 54-year-old who quit her job after receiving an RTO mandate. I was happier even though I was technically on the clock and logged in for more hours working from home. In November, I asked my boss again if I could work a hybrid schedule and only come into the office a few days a week. I work many more hours than when I worked my network TV job, even factoring in a commute, but I can spread out the work throughout the day.

Persons: Jennifer Oliva, —, I, I'd, I'm, Lauryn Haas Organizations: Service, lhaas Locations: New York City, Washington

☆ Stock market today: US indexes gain after soft inflation report supports more rate cuts
▼ + stars: | 2024-09-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks rose after cool inflation data suggested more room for Federal Reserve rate cuts. The personal consumption expenditures price index increased 0.1% in August, matching estimates. AdvertisementUS stocks rose on Friday after cool inflation data suggested that the Federal Reserve has more room to cut interest rates. The personal consumption expenditures price index, which is considered the Fed's preferred inflation measure, increased 0.1% in August, in-line with economist estimates. On a year-over-year basis, the PCE Index rose 2.2%, slightly below economist estimates of 2.3%.

Persons: —, Clark Bellin, Bellin, Sonu Varghese, that's, Varghese Organizations: Federal, Service, Federal Reserve, Bellwether Wealth, Business, Carson Group, Here's

☆ Asia-Pacific markets mostly gain as China stimulus measures come into effect; Hong Kong set to rise 3%
▼ + stars: | 2024-09-27 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Crimson clouds light up the skyline of Victoria Harbour on July 14, 2022 in Hong Kong, China. Asia-Pacific markets mostly rose Friday, with Chinese stocks likely set to cap off a week of gains on the back of Beijing's stimulus measures aimed at boosting the economy. The bank added that the weighted average deposit reserve ratio of financial institutions will be about 6.6% after this reduction. Tokyo's headline inflation rate eased to 2.2%, down from August's 2.6%. The core inflation rate — which strips out prices of fresh food — in the capital city came in at 2%, in line with expectations from economists polled by Reuters and down from 2.4% in August.

Organizations: People's Bank of China, Reuters Locations: Victoria Harbour, Hong Kong, China, Asia, Pacific, Tokyo, August's

☆ CNBC Daily Open: More all-time highs? Yes please
▼ + stars: | 2024-09-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Why are Treasury yields rising? Treasury yields tend to move in tandem with interest rates. When the U.S. Federal Reserve cut interest rates last week, it's not unreasonable to expect Treasury yields to dip.

Persons: Hong, it's, they've, Jeff Cox, Sam Altman, Bret Taylor, Sarah Friar, OpenAI's, Ishiba, Shigeru Ishiba, Sanae Takaichi Organizations: CNBC, Major, CSI, Treasury, U.S . Federal Reserve, Altman, PM, Liberal Democratic, Bank of, People's Bank of China, Barclays Locations: Major U.S, Asia, Pacific

☆ Japan's ruling party votes to elect new leader and country's next prime minister
▼ + stars: | 2024-09-27 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Candidates in the upcoming leadership race for the ruling Liberal Democratic Party (LDP) join hands after giving speeches for the Liberal Democratic Party presidential election in Osaka, Japan on September 18, 2024. Japan's ruling party will elect the successor to outgoing Prime Minister Fumio Kishida on Friday in a race likely to decide the next leader of the nation. Kishida had thrown the Liberal Democratic Party for a loop when he announced in August that he would not be running for its top office, effectively ending his three-year term. The party has a majority in both chambers of the legislature, effectively ensuring its chief becomes the next prime minister. Polls suggest that the favorites in the election include ex-environment minister Shinjiro Koizumi, economic security minister Sanae Takaichi and former defense minister Shigeru Ishiba.

Persons: Japan's, Fumio Kishida, Kishida, Shinjiro Koizumi, Sanae Takaichi, Shigeru Ishiba Organizations: Liberal Democratic Party, Liberal Democratic Locations: Osaka, Japan

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