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☆ Pope Francis apologizes for using a homophobic slur during a meeting with bishops
▼ + stars: | 2024-05-28 | by ( Christopher Lamb | ) edition.cnn.com time to read: +2 min

CNN —Pope Francis has apologized for using an anti-gay slur during a meeting with bishops. The 87-year-old pontiff reportedly made the homophobic remark in a closed-door meeting last week as he told Italian bishops that gay men shouldn’t be allowed to train for the priesthood. “As he (Pope Francis) has said on several occasions, ‘in the Church there is room for everyone, everyone! Francis’ comments were made in the context of proposals from the Italian bishops to amend guidelines on candidates to seminaries. A view of St. Peter’s during a mass celebrated by Pope Francis on the first World Children’s Day on May 26, 2024 in Vatican City, Vatican.

Persons: Pope Francis, shouldn’t, “, Pope, ’, Francis ’, Peter’s, Franco Origlia, Francis Organizations: CNN, Repubblica, della Sera, Argentine Locations: Vatican City, Vatican

☆ Judge allows Trump co-defendant to continue to fight for 500,000 ballots from Fulton County to argue debunked fraud claims
▼ + stars: | 2024-05-28 | by ( Nick Valencia | Jason Morris | ) edition.cnn.com time to read: +3 min

CNN —A Fulton County judge will allow a co-defendant of Donald Trump in the Georgia election subversion case to continue his effort to access thousands of 2020 ballots to argue debunked voter fraud theories. Floyd’s attorneys are pushing to access more than 500,000 ballots from Fulton County, claiming they intend to produce “evidence” that thousands of votes were improperly excluded from the final vote tally. Defendant Harrison Floyd with attorney Christopher Kachouroff in court during a hearing at the Fulton County Courthouse on May 28 in Atlanta. Dennis Byron/Pool/Getty ImagesChad Alexis, senior assistant attorney for Fulton County, pushed back on 2020 voter-fraud arguments from Floyd’s attorneys. The Fulton County racketeering case against Trump has effectively been at a standstill.

Persons: Donald Trump, Harrison Floyd, Trump, Joe Biden, Scott McAfee, McAfee, Brad Raffensperger, Floyd, Christopher Kachouroff, Dennis Byron, Chad Alexis, Alexis, ” Alexis, Fani Willis, Nathan Wade Organizations: CNN, Trump, Fulton, Republican, Courthouse Locations: Fulton, Georgia, Fulton County, Maryland, Atlanta

☆ She Landed One of Music’s Great Gigs, but First Came Boot Camp
▼ + stars: | 2024-05-27 | by ( Sarah Diamond | Christopher Lee | ) www.nytimes.com time to read: 1 min

Classical musicians have limited options to play professionally, so some turn to the U.S. military. Those who emerge successfully from the audition process must then endure boot camp. For several months, musicians train as soldiers without any access to their instruments. Managing to secure a full-time job with a premier military band can be transformational.

Organizations: .

☆ Pope Francis accused of making homophobic slur in a closed-door meeting
▼ + stars: | 2024-05-27 | by ( Christopher Lamb | Sharon Braithwaite | ) edition.cnn.com time to read: +2 min

CNN —Pope Francis allegedly told Italian bishops to not permit gay men to train for the priesthood, with two Italian newspapers claiming that the 87-year-old pontiff made a homophobic slur in a closed-door meeting last week. Citing sources from inside the meeting, the Corriere della Sera and La Repubblica newspapers reported Monday that the Pope had made the comments while meeting with Italian bishops on May 20. The remarks took place in the context of proposals from the Italian bishops to amend guidelines on candidates to seminaries. Two years later he told the Italian bishops not to accept gay candidates for the priesthood. A source close to the Pope told CNN that it could also be understood as there is a “gay climate” in the seminaries.

Persons: Pope Francis, Pope, Francis, “ Organizations: CNN, La Repubblica, della Sera, Argentine Locations: La

CNN —Josef Newgarden used a scintillating last-lap pass to win the Indianapolis 500 on Sunday for the second consecutive year in a race that started four hours late due to extreme weather. We worked our tails off,” Newgarden told race broadcaster NBC. “Absolutely, they can say whatever they want after this point, I don’t care any more,” Newgarden said after the Indy 500. The Indy 500 regularly shares a date with the famous Monaco Grand Prix, known as the “crown jewel” of the Formula One calendar. Michael Conroy/AP“(Racing at 50) was always my goal, but I don’t want to just ‘do it’,” he told Indy Star.

Persons: CNN — Josef Newgarden, I’m, …, ” Newgarden, Pato O’Ward, Arrow McLaren, Hélio Castroneves, Roger Penske, ” Josef Newgarden, AJ Mast, Tom Blomqvist, Mark J, Newgarden, O’Ward, “, ”, “ It’s, ” O’Ward, Scott Dixon, ” Dixon, Charles Leclerc, Kyle Larson, Larson, ” Larson, Justin Allgaier, Christopher Leduc, Allgaier, John Andretti, Robby Gordon, Tony Stewart, Kurt Busch, Castroneves, Michael Conroy Organizations: CNN, Indianapolis, NBC, Indycar, USA, Sports, Reuters, Team Penske, IndyCar, Indy, Monaco, Larson NASCAR, NASCAR, Indy Star Locations: Indianapolis, St . Petersburg , Florida, Monte Carlo, Indiana, North Carolina, Larson’s

☆ Dollar holds firm as traders trim U.S. rate cut bets
▼ + stars: | 2024-05-24 | by ( ) www.cnbc.com time to read: +3 min

"The carry of holding dollars is far juicier," he said, while policymakers' rhetoric has also made traders nervous about inflation and the risk rate cuts would be distant or small. Traders have pushed out the timing of the first Fed rate cut to December. Thursday's business surveys from S&P Global supported the conviction among many traders that the Fed may keep rates higher for longer. But not for traders who are positioned for Fed cuts. Rates markets still price a near 90% chance the ECB cuts rates next month.

Persons: Martin Whetton, Matt Simpson, Sterling, Christopher Waller Organizations: U.S, Westpac, Federal, Traders, P Global, European Central Bank, Federal Reserve Locations: Sydney

☆ Carlo Acutis, Italian teenager nicknamed ‘God’s influencer,’ set to become Catholic Church’s first millennial saint
▼ + stars: | 2024-05-24 | by ( Christopher Lamb | ) edition.cnn.com time to read: +2 min

CNN —Carlo Acutis, an Italian teenager and computer prodigy who earned the nickname “God’s influencer,” is set to become the Catholic Church’s first millennial saint. Pope Francis has recognized a second miracle attributed to Acutis, a gamer and computer programmer who died from leukemia in 2006 at age 15. Many attended the beatification ceremony of Carlo Acutis at the St. Francis Basilica on October 10, 2020 in Assisi, Italy. Vatican/Getty ImagesDuring his life, Acutis used his technological skills to spread awareness of the Catholic faith, including setting up a website documenting miracles. Prospective candidates for sainthood normally need to have two miracles attributed to them before they can be canonized.

Persons: CNN — Carlo Acutis, God’s, Pope Francis, Acutis, Carlo Acutis, Francis Basilica, “, Pope, Acutis –, –, Mario, Pokémon Organizations: CNN, Catholic Locations: Italian, Assisi, Italy, London, Milan, Costa Rica, Florence

☆ HII CEO Christopher Kastner on supply chain, inflation and aircraft carriers
▼ + stars: | 2024-05-24 | 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 EmailHII CEO Christopher Kastner on supply chain, inflation and aircraft carriersHII President and CEO Christopher Kastner joins Morgan Brennan, joins 'Closing Bell: Overtime' to discuss the difficulty finding labor, the state of the supply chain and using data in its businesses.

Persons: Christopher Kastner, Morgan Brennan

☆ What’s really happening in America’s economy (Trump and Biden spin aside)
▼ + stars: | 2024-05-24 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

You’d think that would mean the economy is coasting, since periods of low unemployment are generally associated with higher rates of economic prosperity. That seems to be the case with a lot of recent economic data: No piece of good news comes without other evidence that give economists pause. “I wouldn’t give the economy a clean bill of health,” said Gregory Daco, chief economist at EY. But given consumer spending is one of the biggest drivers of the economy, a pullback can have adverse effects, too. The uglyThe biggest flashing red light in the economy right now is the level of debt people are racking up.

Persons: Zers, ”, Gregory Daco, Joe Biden, there’s, Donald Trump’s, Here’s what’s, Christopher Waller, ” Waller, ” David Alcaly, Daco, ” Sung Won Sohn Organizations: New, New York CNN, EY, of Labor Statistics, Federal, Gov, Lazard, CNN, New York Fed, Loyola Marymount University, SS Locations: New York, Wisconsin

☆ HII CEO: Expect margins to rise as we transition out of ships negotiated in pre-Covid environment
▼ + stars: | 2024-05-24 | 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 EmailHII CEO: Expect margins to rise as we transition out of ships negotiated in pre-Covid environmentHII President and CEO Christopher Kastner joins CNBC's Morgan Brennan aboard the Intrepid during New York's Fleet Week. They talk the difficulty finding labor, the state of the supply chain, using data in its businesses and how the company is using AI to improve efficiency.

Persons: Christopher Kastner, CNBC's Morgan Brennan Organizations: Intrepid

☆ What Living in a SpaceX Company Town Tells Us About Elon Musk - The New York Times
▼ + stars: | 2024-05-24 | by ( Christopher Hooks | Mike Osborne | ) www.nytimes.com time to read: +1 min

He woke as if Elon Musk himself had grabbed him by the shoulders. Mr. Musk spent $44 billion of mostly other people’s money to buy Twitter, rebrand it to X and guarantee that he could continue to irritate people on a global scale. For Mr. Rangel, what was figurative for others had become literal: When a tycoon stomps, the earth shakes. Mr. Musk’s company SpaceX had launched a new iteration of its Starship rocket about 25 miles away. But Mr. Rangel still couldn’t go back to sleep.

Persons: Noel Rangel, Elon Musk, Peter Thiel, Donald Trump —, —, Jeff Bezos, Musk, Rangel, stomps, couldn’t Organizations: Twitter, SpaceX Locations: Gulf of Mexico, Brownsville , Texas, West Texas

☆ What Nvidia's stock split means for retail investors
▼ + stars: | 2024-05-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Nvidia's upcoming stock split could propel the chipmaker higher over the short run and boost already enthusiastic investor sentiment, according to Wall Street. Nvidia's results prompted many Wall Street firms to boost their price targets on the stock as demand continues. While a split may improve accessibility by lowering the share price, it doesn't alter the value or fundamentals of the business. Citi's Atif Malik called the split a "positive surprise," while Susquehanna's Christopher Rolland said it "invigorates the retail crowd." "The 10:1 stock split likely adds short-term momentum to this AI bellwether," said Needham's Quinn Bolton.

Persons: Baruah, Citi's Atif Malik, Susquehanna's Christopher Rolland, Needham's Quinn Bolton Organizations: Semiconductor, Walmart, Lam Research, Nvidia

Morgan Stanley accompanied the move by cutting its price target to $100 from $120. His $185 price target, up from $160, forecasts that shares of Take-Two could rally 23% from Wednesday's close. — Lisa Kailai Han 5:55 a.m.: Bernstein initiates Ford at an outperform rating Investors who don't own Ford are missing out, according to Bernstein. — Lisa Kailai Han 5:55 a.m.: JPMorgan upgrades Hasbro Don't expect Hasbro's momentum to slow in the near future, according to JPMorgan. It also raised its price target on shares to $74 from $61, implying upside of 22%.

Persons: Bernstein, Morgan Stanley downgrades NetEase, Morgan Stanley, Alex Poon, Poon, Lisa Kailai Han, Omar Dessouky, Dessouky, — Lisa Kailai Han, Sam Poser, Sean Dodge, Dodge, GoodRx, Ford, Daniel Roeska, Roeska didn't, Roeska, Christopher Horvers, Fred Imbert Organizations: CNBC, Ford, JPMorgan, Hasbro, NetEase, Bank of America, Rockstar Games, Rockstar, Supreme, Corp, Trading, EMEA, Timberland, RBC, RBC Capital Markets, pharma, Kroger Locations: China, Wednesday's, Americas

☆ Far-Right E.U. Lawmakers Remove Germany’s AfD Party Before Elections
▼ + stars: | 2024-05-23 | by ( Christopher F. Schuetze | ) www.nytimes.com time to read: +1 min

A far-right group in the European Union’s Parliament announced on Thursday that it had ousted the Alternative for Germany party from its coalition, dealing a severe blow to a key alliance just two weeks before E.U. In a statement on its official X account, the Identity and Democracy Group wrote that it had decided to exclude Alternative for Germany, or AfD, because of comments made by Maximilian Krah, the AfD’s lead candidate in the upcoming elections. In an interview last week, Mr. Krah appeared to minimize the crimes carried out by the SS, the Nazi paramilitary force that killed millions of people during the Holocaust. “One million soldiers wore the SS uniform,” Mr. Krah said to La Repubblica and The Financial Times in a joint interview. You have to establish individual guilt.”In its statement, Identity and Democracy wrote that it “no longer wants to be associated with the incidents involving Maximilian Krah, head of the AfD list for the European elections.”

Persons: Maximilian Krah, Krah, Mr, ” Organizations: Union’s, Democracy Group, SS, Nazi, Repubblica, Financial Times, Waffen, Democracy Locations: Germany

☆ Jane Seymour on Her Best Movie & TV Roles: 'Wedding Crashers,' 'Dr. Quinn,' 'Bond'
▼ + stars: | 2024-05-23 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

AdvertisementI had to look and play a virgin — which I managed to do quite convincingly into my 40s on "Dr. Quinn," by the way. But I've only ever done two TV series, so now it's "Dr. Quinn" or "Harry Wild." AdvertisementAnd by the way, I got the worst reviews ever on "Dr. Quinn" as well. Studio Seven Productions/NM/Sygma via Getty ImagesI was going to bring up "Dr. Quinn" next — did you expect it to turn into such a beloved show when you initially signed on? There's another factoid that when I did "Dr. Quinn," I only washed my hair in English rainwater that was flown in on a 747 every week.

Persons: Roger Moore, Jane Seymour, Bond, Seymour, Harry Wild, she's, She's, Lindsay Lohan's, — she's, Christopher Reeve, Quinn, " Milne, I'd, It's, I'm, I've, Christopher Reeve Jane Seymour, Eddie Sanderson, Dana, Reeve, Chris, —, Sir, Shaw, Colin Powell, Dr, Doctor Quinn, Jane, she'll, we've, it's, Owen Wilson, You've, it'd, Owen, I'm Kitty Cat, Steffan, Princess Leia, Spielberg, Richard Chamberlain Organizations: Business, Acorn, Netflix, Hearts Foundation, Medicine, Seven, Getty, CBS, Orange, Raiders Locations: English, Dublin, Calgary, Eden, Hong Kong, New York, Mexico

☆ Live Updates: Leaders of Northwestern, U.C.L.A. and Rutgers Defend Protest Responses
▼ + stars: | 2024-05-23 | by ( Sharon Otterman | ) www.nytimes.com time to read: +3 min

The testimony of three university presidents before the House Education and the Workforce Committee in December has led to intense public scrutiny. Claudine Gay, Harvard’s president, gave similarly vague responses and faced backlash for weeks, culminating in her resignation in January. Lawyers who prepare clients to testify before Congress said that while there are risks to not appearing, it is always an option. And there are opportunities in negotiations with the committee that occur beforehand to avoid testimony that is likely to be disastrous. Failing to appear before a congressional committee voluntarily risks that lawmakers will demand your presence with a subpoena.

Persons: Elizabeth Magill, Claudine Gay, Nemat Shafik, Christopher Armstrong, “, ” Mr, Armstrong, ” Organizations: Education, Workforce, University of Pennsylvania, Palestinian, Lawyers, Holland, Knight Locations: Columbia

☆ Ukraine is mounting rockets on its sea drones and is using them to hit land targets, official says
▼ + stars: | 2024-05-22 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Ukraine is mounting rockets onto its naval drones, an official told the Financial Times. It's used them to strike Russian positions in occupied Mykolaiv, the official told the FT.A video of a reported attack shows a sea drone firing several rockets toward Russian targets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkraine has placed rockets onto its feared sea drones and is using them to attack Russian land targets, according to a Ukrainian official. In a post on X, citing an unnamed Ukrainian intelligence official, Christopher Miller, the Financial Times' Ukraine correspondent, said that sea baby naval drones are now being mounted with a Grad multiple launch rocket system.

Persons: It's, —, Christopher Miller Organizations: Financial Times, Service, Business Locations: Ukraine, Mykolaiv

☆ U.S. Treasury yields rise as investors weigh Fed speaker comments
▼ + stars: | 2024-05-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

ET, the 10-year Treasury yield was up by over two basis points to 4.4374%. The 2-year Treasury yield was last at 4.8626% after rising by nearly three basis points. U.S. Treasury yields were higher on Wednesday as investors considered the latest comments from Federal Reserve speakers about the outlook for inflation and interest rates. A series of Fed officials on Tuesday urged patience when it comes to rate cuts as inflation remains above the Fed's 2% target. On Wednesday, further Fed officials are set to give remarks and minutes from the central bank's latest meeting are due to be released.

Persons: Christopher Waller, Susan Collins, Raphael Bostic Organizations: U.S, Treasury, Federal Reserve, Boston Fed, Atlanta Fed

☆ Fed officials aren’t easing Wall Street’s nerves
▼ + stars: | 2024-05-22 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Optimism spurred by the latest inflation data pushed all three major stock indexes to new record highs. But now Wall Street, eager for rate cuts, is on edge again. But some financial leaders remain doubtful that the Fed is feeling confident enough to cut rates soon. “I think we’re set up for stickier inflation.”Some Fed officials say another rate hike isn’t likelyFed officials have mostly sounded a little more optimistic about inflation recently, after the Consumer Price Index for April finally provided some welcome news. Cleveland Fed President Loretta Mester told Bloomberg on Monday that she also thinks interest rates are high enough to deal with inflation.

Persons: they’re, Dow, Christopher Waller, ” Waller, Goldman Sachs, David Solomon, “ I’m, ”, “, Philip Jefferson, Mary Daly, Axios, Jerome Powell, Klaas Knot, Loretta Mester, Chris Larkin Organizations: Washington CNN, Federal Reserve, CNBC, ”, Peterson Institute for International Economics, Boston College, Mortgage, Association, ” San Francisco Fed, European Central Bank Governing, Cleveland Fed, Bloomberg, “ Locations: ” San

☆ Tornado Pummels Wind Turbines in Iowa
▼ + stars: | 2024-05-22 | by ( Christopher Flavelle | ) www.nytimes.com time to read: 1 min

The footage from southwest Iowa is shocking: In the trail of a tornado, a wind turbine is bent in half like a cheap straw, its hub engulfed in flames and thick black smoke, its blades on the ground. “You’re seeing multiple of these big wind turbine towers that have been destroyed,” Zane Satre, a meteorologist for KCCI 8 News in Des Moines, told viewers. “These are big tall ones — I think they’re what, like 250 feet tall? Well that tornado took them out.”

Persons: ” Zane Satre, ” Locations: Iowa, Des Moines

☆ Federal Reserve minutes indicate worries over lack of progress on inflation
▼ + stars: | 2024-05-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., May 1, 2024. Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions. Minutes from the April 30-May 1 policy meeting of the Federal Open Market Committee released Wednesday indicated apprehension from policymakers about when it would be time to ease. The meeting followed a slew of readings that showed inflation was more stubborn than officials had expected to start 2024. The Fed targets a 2% inflation rate, and all of the indicators showed price increases running well ahead of that mark.

Persons: Jerome Powell, Christopher Waller, FOMC, Stocks Organizations: Federal, Committee, Federal Reserve, Market, Fed, University of Michigan, New York Fed Locations: Washington , U.S

☆ 50 Cent has been trolling Diddy mercilessly. Here’s the history of the beef between them
▼ + stars: | 2024-05-22 | by ( Lisa Respers France | ) edition.cnn.com time to read: +5 min

CNN —There is no love lost between hip-hop moguls 50 Cent and Sean “Diddy” Combs. CNN has reached out to representatives for 50 Cent and Netflix for comment. Members of law enforcement are seen outside of Sean "Diddy" Combs' home in Los Angeles on March 25, 2024. Earlier this month, he released a song titled “Pick a Side” in support of his father and taking aim at critics like 50 Cent. Gareth Cattermole/Getty Images“All that gossip sh*t is whack when all they had was 50 Cent / Who put this city on the map?

Persons: Sean “ Diddy ” Combs, Combs, Cassie Ventura, Christopher Wallace, Wallace, “, Tupac Shakur, Ventura, Sean, Diddy, ” Diddy, ” Combs, he’s, that’s, Christian Combs, King Combs, Justin, Aaron Dyer, ” King Combs, King, Gareth Cattermole, ”, “ I’m Organizations: CNN, Netflix, Department of Homeland Security Investigations, Hamptons, KCBS, Billboard Locations: Los Angeles, New York, Miami

☆ Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says
▼ + stars: | 2024-05-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

"I think the message that's coming through is that they have no idea what's going on," Howard said on CNBC's "Squawk Box Europe" on Wednesday. Fed Governor Christopher Waller on Tuesday said that he needed to see further data evidence that inflation was softening before supporting rate cuts. Waller's comments were echoed by other Fed officials on Tuesday, including Boston Fed President Susan Collins. 'A credibility problem'But Fed officials have not come out with a clear message about their expectations or to address why inflation remains elevated, GAM's Howard said. "And now [policymakers] think inflation is coming down but its not coming down fast enough," he said.

Persons: Valerie Plesch, Julian Howard, Howard, Christopher Waller, Waller's, Susan Collins, GAM's Howard, They've Organizations: Eccles Federal, Bloomberg, Getty, Federal, GAM, Fed, Peterson Institute for International Economics, Boston Fed, Atlanta Federal Reserve Locations: Washington , DC, U.S, Washington

☆ CNBC Daily Open: S&P 500 and Nasdaq hit new heights ahead of Nvidia's earnings
▼ + stars: | 2024-05-22 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street reaches new highsThe S&P 500 and the Nasdaq Composite rose to fresh record highs as investors await earnings from AI chipmaker Nvidia after the close on Wednesday. Nvidia's shares rose 0.6% with option traders pricing in swings of as much as 9% up or down in reaction to its earnings. Rate cuts several months awayFederal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts. [PRO] When Nvidia risesCNBC's Ganesh Rao takes a look at six artificial intelligence-related stocks that have historically reacted positively to Nvidia's quarterly earnings.

Persons: Christopher Waller, Waller, Biden, Jennifer Granholm, Walt Disney, Bob Iger, Ganesh Rao Organizations: New York Stock Exchange, CNBC, Nasdaq, Nvidia, Dow Jones, Federal, Gasoline, East, Pixar, Studios, Disney, Walt Disney Animation, CSI, Nikkei, Reserve Bank of New Locations: New York City, Israel, Asia, Hong Kong, Reserve Bank of New Zealand, United States, Japan

☆ CNBC Daily Open: New highs on Wall Street, Fed's Waller says rate cuts months away
▼ + stars: | 2024-05-22 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Rate cuts several months awayFederal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts. Singapore Airlines: one dead, 30 injuredOne person died and 30 people were injured aboard a Singapore Airlines flight that was hit by severe turbulence and forced to land in Thailand. Singapore Airlines Flight 321 encountered "sudden, severe turbulence" about 10 hours into a flight from London to Singapore, the airline said.

Persons: Christopher Waller, Waller, Biden, Jennifer Granholm, Walt Disney, Bob Iger, Jesse Pound, JPMorgan's Marko Kolanovic Organizations: New York Stock Exchange, CNBC, Nasdaq, Nvidia, Dow Jones, Federal, Gasoline, East, Pixar, Studios, Disney, Walt Disney Animation, Singapore Airlines, Singapore Airlines Flight, Boeing, Wall Street Locations: New York City, Israel, Thailand, London, Singapore

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