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CNN —The Forbidden City was once one of the most powerful places on the planet. It was called the ‘Forbidden City’ because few Chinese subjects were allowed to enter. Ancient tableware from the Forbidden City is on display at the Hong Kong Palace Museum. “The majority of (the emperors) grew up in a highly disciplined environment,” says Wang of the Hong Kong Palace Museum. Now popular worldwide, Peking duck was regularly served at Empress Dowager Cixi's Forbidden City banquets.
Persons: Zhao Rongguang, Bin Xiao Zhao, Deng Xiaoping, Beijing . Zhao, wasn’t, Zhao, Kangxi Emperor, VCG Wilson, Kangxi, , Qianlong Emperor, Giuseppe Castiglione, , Qianlong, Daisy Yiyou Wang, Maggie Wong, Nicole Chiang, ” Chiang, Chiang, Emperor Qianlong, it’s, , ” Zhao, It's, didn’t, Wang, Dowager Cixi, Empress Dowager Cixi –, Cixi, China’s, Han Quan Xi, ’ ”, Dowager, Tian, Yan ”, suckling, Tian An Yan, Leah Abucayan Organizations: CNN, Historical, of China, Beijing's, Hong Kong Palace Museum, Hong, Forbidden, Hong Kong, Museum, Everett, Communists, China Import, Fair, Communist Locations: Europe, Beijing, China, Chinese, Heilongjiang, Paris, Beijing ., Prosperity, Netherlands, Italian, City, Hong Kong, It’s, Beijing’s, Forbidden City, Jiangnan, Hangzhou, Shanghai, Mongolia, Qianlong, Guangzhou, Japan, East Asia, Peking, Imperial
CNN —A Wisconsin man and his daughter were found dead in Canyonlands National Park in Utah on Friday after the pair got lost and ran out of water while hiking amid soaring temperatures. Albino Herrera Espinoza, 52, and his daughter, Beatriz Herrera, 23, were visiting the southeast Utah park from their home in Green Bay, Wisconsin, and hiking the Syncline Loop Trail where the temperature at the time was over 100 degrees, according to the National Park Service. The pair were found deceased just 15 minutes apart Friday shortly before 6 p.m. after the San Juan County Sheriff’s Office was notified by the National Park Service “of a deceased hiker in the Upheaval Dome area of Canyonlands National Park,” a news release from the sheriff’s office said. The United States is experiencing a historically hot summer as the heat goes on a July killing spree. It’s been the hottest summer on record for around 100 US cities from Maine to California.
Persons: Albino Herrera Espinoza, Beatriz Herrera, Espinoza, El, It’s, Organizations: CNN, National Park Service, WGBA, San, San Juan County Sheriff’s, NPS, Land Management, Utah State Office, Medical Locations: Wisconsin, Utah, Green Bay , Wisconsin, Green Bay, San Juan County, Land, Land Management Moab, Salt Lake City, United States, Maine, California
In breaking, athletes are referred to as b-boys and b-girls, with the “B” standing for breaking. Elements of breaking and popular movesTo a new viewer, breaking can seem like an off-the-cuff union of agility and adaptation. Following the round-robin competition, the four quarterfinal rounds and two semifinal rounds will set the stage for the bronze-medal and gold-medal battles. How to watchEvent Date Time (ET) TV Streaming Women's round-robin Aug. 9 10 a.m.-12:10 p.m. E! Peacock Men's round-robin Aug. 10 10 a.m.-12:10 p.m. E!
Persons: they’re, Let’s, you’ve, That’s, Who’s, Victor Montalvo, Victor, , Houston’s Jeffrey Louis, , Jeffro, Montalvo, Louis, Sunny Choi, ” —, Logan Edra, Choi, Estée Lauder, Peacock, Philip Kim of, Zheng Huansong Organizations: Paris, USA Four, Paris ., NBC, Team USA, Penn, Pan American Games, Bull, Concorde, Getty Locations: Bronx, N.Y, Paris, USA Four United States, Paris . Florida, Queens, U.S, Philip Kim of Canada, Xinhua
London CNN —The International Monetary Fund has warned that stubborn inflation could keep interest rates higher for longer than expected, increasing fiscal and financial risks around the world. Persistently high prices for services — which include haircuts, hotels and restaurants — as well as escalating trade tensions are propping up inflation and raising the prospect that interest rates will stay high for a while yet, the IMF cautioned Tuesday in its latest World Economic Outlook. The warning highlights that the global economy is not yet in the clear when it comes to inflation, which explains the caution on the part of central banks in cutting interest rates. However, services inflation came in higher than expected. The agency blamed sticky services price inflation for “holding up progress” on reducing overall inflation.
Persons: Jerome Powell Organizations: London CNN —, Monetary Fund, Bank of England, European Union, IMF Locations: , United States, China, India, E.T
CNN —The body found on the Spanish island of Tenerife on Monday has officially been identified as that of missing British teenager Jay Slater, a Spanish court said Tuesday. The court confirmed “by fingerprints that the body found yesterday in the mountains of Masca is that of Jay Slater.”The autopsy confirmed that the death was due to trauma “compatible with a fall in a rocky area.”Slater, who was 19 and from Lancashire, northern England, went missing almost a month ago after attending the NRG festival on the south of the island. He was last heard from around 8:30 a.m. local time (3:30 a.m, ET) on June 17, according to one of his friends, Lucy Mae, who set up a GoFundMe. She wrote on the GoFundMe page that Slater “had met two people on Sunday night” and left to go to their apartment, which was “in a very secluded location.”She said Slater left the apartment at 8 a.m. local (3 a.m. ET) and walked for half an hour, before “frantically ringing me when his phone reached 1%.”“His last location was on an off road track, which was a 10 hour walk from his hotel,” Slater’s friend said.
Persons: Jay Slater, , ” Slater, Lucy Mae, Slater “, Slater, , ” “ Organizations: CNN Locations: Tenerife, Masca, Lancashire, England
The information for the following product(s) has been collected independently by Business Insider: Marriott Bonvoy Boundless® Credit Card, Chase Freedom Flex®. I saved over $5,000 with points and milesThis trip was only possible because of my stash of credit card points and miles. Katherine FanMy Sheraton Amsterdam hotel room would have cost $405.48 in cash Katherine FanI booked the room using a free night award I earned from a new customer bonus on the Marriott Bonvoy Boundless® Credit Card credit card. Note that credit card lenders may use many different variations of credit score models when considering your application. You can use credit card awards to book luxury vacations, seek out gritty adventures, and do everything else in between.
Persons: Taylor Swift, Taylor, would've, Johan Cruijff Arena, neve, I'm, Katherine Fan, Chase Travel ℠, Chase, redemptions Organizations: Business, Independence, Sheraton, Marriott, Amazon Prime, Visa, KLM, American, Marriott Gold, Google, Chase Sapphire, Chase Travel, Sapphire, TSA, FDIC Locations: Amsterdam, Texas, Europe, Netherlands, North America, U.S, Canada, Austin, Sheraton Amsterdam
Bank of America earnings topped estimates, and shares rose early Tuesday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stocks climbed higher as fresh data indicated that consumers were still spending. Excluding autos, sales rose 0.4% against estimates of a 0.1% increase. In the bond market, the 10-year Treasury yield slid moderately, after comments dovish were made by Federal Reserve Chairman Jerome Powell.
Persons: , Robert Frick, dovish, Jerome Powell Organizations: Bank of America, Service, Navy Federal Credit Union, Bloomberg, Treasury, Federal
Treasury yields fall as investors digest Powell comments
  + stars: | 2024-07-16 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +1 min
ET, the yield on the 10-year Treasury was down by over three basis points to 4.1983%. The 2-year Treasury yield was last more than one basis point lower to 4.4404%. U.S. Treasury yields were lower on Tuesday as investors weighed comments from Federal Reserve Chairman Jerome Powell on the outlook for the economy and interest rates. On Monday, Powell said the central bank will not wait until inflation has reached its 2% target rate before cutting interest rates. Powell, however, said the Fed is still looking for "greater confidence" that inflation will return to 2%.
Persons: Jerome Powell, Powell Organizations: Treasury, U.S, Federal, Traders
Hugo Boss shares plunged as much as 10% Tuesday after the company cut its sales outlook, becoming the latest high-end fashion line to warn of persistent woes in the luxury sector. The German fashion house said Monday that it expects full-year sales of up to 4.35 billion euros ($4.73 billion), down slightly from a previous forecast of up to 4.45 billion euros. The company attributed the revised outlook to "persistent macroeconomic and geopolitical challenges" and cited China and the U.K. as particularly challenging markets. Shares pared losses slightly to trade down 8.8% as of 9:53 a.m. London time. The guidance cut is the company's second so far this year, after the retailer in March said that 2024 sales growth was likely to slow to 3% to 6%.
Persons: Hugo Boss, Daniel Grieder, HUGO Locations: China, London
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Early in my career, I held positions as a software engineer at Morgan Stanley, Redi Technologies, and Amazon. I then worked at a startup and AppNexus before becoming the senior engineering manager and head of search engineering at Slack. In my early years, we grew rapidly, I loved my job, and the high salary was a nice bonus. I work more hours than I did at SlackI have more flexibility than at Slack, but my working hours are longer.
Persons: , Hera Wentong Li, Morgan Stanley, Slack, Curio, Kimberly Atiyeh, we're, Kimberly, strategize, I'm Organizations: Service, Cornell, Business, Redi Technologies Locations: New York City, Singapore
As a dad of two young girls, I do so much parenting that sometimes it feels like that's all I ever do. We feed and entertain the kids from dawn 'til dusk and often re-enter the grind on Monday more exhausted than ever. Simply put, there's just not much time for my own hobbies, time with friends, or many of the things that used to make me me. Spending time with my pre-kid and non-parent friends is crucialOne thing that never fails to invigorate me is time spent with my friends who either don't have kids, or who knew me before I did. It's so important to both of us that we see each other as more than just "mom" or "dad."
Persons: , there's, It's, it's, I'm, Doc, there's Taylor Swift, that's, we're Organizations: Service
A majority of its members have deep ties to Mr. Biden and were vetted for their loyalty to him, making it unlikely that his nomination will face significant dissent. Mr. Biden, during an interview with NBC News that aired on Monday, reiterated that he was not leaving the race. “Look, 14 million people voted for me to be the nominee in the Democratic Party, OK?” he said. changed its process to nominate Mr. Biden to accommodate an Aug. 7 deadline to place him on the ballot in Ohio. In recent days, Mr. Biden has held several meetings with Democrats in the House that have ended with mixed reviews.
Persons: Biden, Tim Walz, Leah Daughtry, Biden’s, Wes Moore, . Walz, Eric Lee, Mr, , Walz, “ Governor Walz, ” Teddy Tschann, , Jared Huffman, Huffman, , MAGA, ” Jaime Harrison, ” Mr, Jamie Kelter Davis, Trump, Aaron Regunberg, , ” Daniella Ballou, Ms, Ballou, Aares, Kenneth P, Vogel Organizations: Democratic National Committee, Democratic National Convention, House Democrats, Gov, Democratic, Credit, New York, NBC News, Democratic Party, Democratic Party committees, Democratic Governors Association, , Democrats, New York Times, Lawmakers, Biden, Ohio Republicans, MAGA Republicans, Republican, The New York Times, White Locations: Minnesota, Maryland, California, Ohio, Madison, Wis, Credit
While some of the best Amazon Prime Day deals include sales on Apple products, TVs, and other tech items, Prime Day is also a great time to invest in personal care items. Whether shopping for yourself or gifting someone else, Prime Day is the best time to splurge on a high-end shaver without breaking the bank. View at Amazon What we like Check mark icon A check mark. Additionally, we've consistently found that Amazon Prime Day offers the lowest prices on some of the best products. In order to shop on Prime Day, you'll need an Amazon Prime membership.
Persons: I've, shaver, we've, Pricey Philips, trimmer, It's, Amazon Philips Norelco Shaver, Remington Balder, Gillette Organizations: Business, Apple, Mower, Best Prime, Braun, Amazon Philips, Philips, Remington, Amazon
Wolfe Research initiated coverage of Amazon with an outperform rating, calling for nearly 30% upside. 7:03 a.m.: Goldman Sachs increases Spotify price target Goldman Sachs thinks Spotify will surpass Wall Street's second-quarter earnings forecasts. The firm and increased its price target to $320 from $317 on shares while maintaining a neutral rating. The analyst upgraded the e-commerce stock to buy from neutral and raised his price target to $82 per share from $78. Analyst Alan Gould downgraded the forum social network stock to hold from buy and reiterated a $75 per share price target.
Persons: Wolfe, Goldman Sachs, Wall, Eric Sheridan, Brian Evans, Shopify, Brad Sills, Sills, — Brian Evans, Jefferies, Surinder Thind, Piper Sandler, Peter Keith, Keith, DLTR, Alan Gould, Gould, Shweta, Khajuria, Fred Imbert Organizations: CNBC, Wolfe Research, Bank of America, Spotify, Jefferies, EPAM, EPAM Systems, Trump, Biden, Democrat, Advertising, Cloud Computing, Health, Business, Amazon Logistics Locations: Reddit, Monday's
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. After a 13-year tech career, I founded Curio, a subscription book club that fosters bilingual learning in children. Early in my career, I held positions as a software engineer at Morgan Stanley, Redi Technologies, and Amazon. I then worked at a startup and AppNexus before becoming the senior engineering manager and head of search engineering at Slack. I work more hours than I did at SlackI have more flexibility than at Slack, but my working hours are longer.
Persons: , Hera Wentong Li, Morgan Stanley, Slack, Curio, Kimberly Atiyeh, we're, Kimberly, strategize, I'm Organizations: Service, Cornell, Business, Redi Technologies Locations: New York City, Singapore
Weight loss drugs and artificial intelligence have been dominating headlines, with investors betting that stocks in both categories have big potential upside. On Wednesday's Pro Talks , CNBC's Senior Technology Correspondent Arjun Kharpal will ask Tema ETFs' Yuri Khodjamirian how to best invest in these areas and more. Tema ETFs offers actively managed ETFs, with a focus on healthcare and life sciences. Before Tema ETFs, Khodjamirian spent over a decade at Majedie Asset Management, overseeing U.K. and global portfolios. Click here to join CNBC Pro Talks on Wednesday, July 17, at 7 a.m.
Persons: Arjun Kharpal, Yuri Khodjamirian, Eli Lilly, he'll, Khodjamirian Organizations: Tema, Novo Nordisk, pharma, Majedie Asset Management, Income, CNBC, Nvidia, Scotiabank Locations: Tema, , U.S, U.K, India
Read previewAs Amazon's Prime Day approaches, one delivery driver in Texas has a strategy for handling the coming avalanche of packages. Flex workers, meanwhile, are independent contractors who are paid per shift (or "block," as the workers call them) and use their own cars to work. Some Amazon delivery workers said they peed in bottles as they faced pressure to complete their routes, BI reported in 2018. "Amazon Flex delivery partners have the freedom to take breaks and run errands during their delivery window specified in-app," Branden Baribeau, an Amazon spokesperson, told BI. AdvertisementDo you work for Amazon Flex, Whole Foods, Amazon Fresh, or another part of Amazon's retail business and have a story idea to share?
Persons: , They're, she's, Branden Baribeau, Baribeau, Dhruv Grewal, Grewal Organizations: Service, Business, Amazon, Amazon ., Walmart, Target, Flex, Whole Foods, Babson College, Foods Locations: Texas, Alabama, Washington, Seattle
PinnedUpdated July 15, 2024, 10:28 a.m. ETA federal judge dismissed in its entirety the classified documents case against former President Donald J. Trump on Monday, ruling that the appointment of the special counsel, Jack Smith, had violated the Constitution. The ruling by Judge Cannon, who was put on the bench by Mr. Trump, flew in the face of previous court decisions reaching back to the Watergate era that upheld the legality of the ways in which independent prosecutors have been named. And in a single swoop, it removed a major legal threat against Mr. Trump on the first day of the Republican National Convention, where he is set to formally become the party’s nominee for president. Mr. Smith’s team will almost certainly appeal the ruling by Judge Cannon throwing out the classified documents indictment, which charges Mr. Trump with illegally holding onto a trove of highly sensitive state secrets after he left office and then obstructing the government’s repeated efforts to retrieve them.
Persons: Donald J, Trump, Jack Smith, Aileen M, Cannon, Smith, Judge Cannon, Smith’s Organizations: Senate, Mr, Republican National Convention
CNN —A suspected serial killer has confessed to murdering 42 women over the past two years, police in Kenya have said, in a shocking case that has sparked calls for increased measures to combat gender-based violence in the country. Authorities said Collins Jumaisi Khalusha, 33, “lured, killed, and disposed of 42 female bodies,” of which only nine have been recovered. Gerald Anderson/Anadolu/Getty Images“We are dealing with a serial killer, a psychopathic serial killer who has no respect for life,” Amin said Monday. A group of female leaders called for enhanced protections for Kenyan women on Monday after increasing cases of femicide. “It is so sad that someone who killed 42 people was still roaming out there.
Persons: Collins Jumaisi Khalusha, , Mohamed Amin, ” Amin, Douglas Kanja, Kanja, Gerald Anderson, Khalusha “, Amin, dismembering, , Josphine Mulongo, Leah Sankaire Sopiato, women’s Organizations: CNN, Authorities, Anadolu, Getty, Kenyan Police, Kenyan Locations: Kenya, Soweto, Nairobi, Kware, Nairobi’s, Njenga
Trump Media shares surged 50% in premarket trading Monday following the attempted assassination of former President Donald Trump at a rally in Pennsylvania on Saturday. Shares in Trump Media & Technology Group were 50% higher in premarket trading at 6:29 a.m. "I also call for the federal government to provide any security resources requested by President Trump to guarantee his safety," he added. Trump Media, the parent company of social media platform Truth Social, has seen volatile trading throughout the election race. In its first-quarter earnings report, filed in May, Trump Media posted a net loss of $327.6 million and total revenue of $770,500.
Persons: Donald Trump, Trump, Devin Nunes, Nunes, President Trump, Rob Casey, CNBC's Organizations: Republican, Trump Media, Trump Media & Technology Group, Trump, Signum Global Advisors, Truth Locations: Chesapeake , Virginia, Pennsylvania, TMTG
US stocks surged to record highs as markets mulled the impact of the attempted assassination of Donald Trump over the weekend. Investors anticipate the attempt will boost Trump's chances in the November Presidential election. AdvertisementUS stocks moved higher on Monday to test record highs after former President Donald Trump survived an assassination attempt over the weekend. Investors are betting that the tragic attempt on Trump's life will help hand him to the Presidency once again in November. A higher US dollar could also be in store under a potential Trump Presidency in November, though the dollar was about flat in early Monday trades.
Persons: Donald Trump, , bitcoin, Tesla, Trump, Kyle Rodda Organizations: Trump Media, Service, Trump Media & Technology Group, GEO Group, Trump Presidency, Treasury, Here's Locations: United States
View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.
Persons: haven't, they're, Apple, We're, Siri, we'll, doesn't, Amazon Nathan James Hugo Wood Nightstand, Nathan James, we've, Dyson, you've, it's, fryer, Bose Organizations: Business, Echo, Amazon, Apple, Amazon Apple, Apple Health, Amazon Prime, Olympics, Sony, LG, Samsung, Dolby, Amazon Samsung, lounging, Amazon Philips, Philips, Bose, Amazon Sony WH
CNN —Search teams looking for missing British teenager Jay Slater on the Spanish island of Tenerife have found the body of a young man. “After 29 days of constant search the lifeless body of a young man has been found in the Masca area” in the Tenerife mountains, the Guardia Civil, Spain’s law enforcement agency, said in a statement Monday. “All indications are that it could be the young British man missing since June 17, pending full identification,” the Guardia Civil said. Preliminary investigations suggest the young man “could have suffered an accident/fall in the inaccessible area,” it added. Slater, who was 19 and from Lancashire, northern England, went missing almost a month ago after attending the NRG festival on the south of the island.
Persons: Jay Slater, Slater, Lucy Mae, Slater “, , ” “, , Mr Slater’s Organizations: CNN —, Guardia Civil, Guardia, LBT, Facebook, Lancashire Police Locations: Tenerife, Guardia Civil, Lancashire, England
Israel-Hamas War and Gaza Latest News
  + stars: | 2024-07-15 | by ( Riley Mellen | ) www.nytimes.com   time to read: +7 min
The strike, which the Israeli military says targeted a Hamas leader, took place in an area designated as a humanitarian zone. Earlier assassination attempts against Mr. Deif are believed to have left him disabled, and he may be missing an eye and limbs. They became more confident that Mr. Deif might enter Mr. Salameh’s compound after a growing cache of evidence suggested that he placed unusual trust in his subordinate. The official, Khalil al-Hayya, who lives in exile, said in an interview with Al Jazeera Arabic that Mr. Deif was listening to Mr. Netanyahu’s words and “mocking” them. Mr. Netanyahu himself, in a televised news conference on Saturday night, said there was still no “absolute certainty” that Mr. Deif had been killed.
Persons: Israel, Muhammad Deif, Deif, Shin, Rafa Salameh, Khan Younis, Salameh’s, Salameh, Benjamin Netanyahu, Izzat, Rishq, Mkhaimar Abusada, , Scott Anderson, Anderson, Khalil al, Netanyahu, Bet, Isabel Kershner Organizations: Hamas, The New York Times, Israel Defense Forces, Analysts, Gaza’s Al, Azhar University, Fatah, Gaza Health Ministry, Al Locations: Gaza, Israel, U.S, Khan, Rafa Salameh ., Al Jazeera, Jerusalem
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said Wells is a portfolio stock that will rise once the Federal Reserve lowers rates, leading to a rebound in the bank's interest-based revenues. 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, Donald Trump, Morgan Stanley, Monday's, clawing, Wells, Jim, Jim Cramer's Organizations: CNBC, Dow Jones Industrial, Abbott Laboratories, Companies, Wells, Federal, Costco Wholesale, Costco Locations: Wells Fargo, Wells, U.S, Canada
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