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☆ China's Xi tells coast guard to enforce maritime law
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +1 min

China's President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California, U.S. November 17, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsBEIJING, Dec 1 (Reuters) - China's President Xi Jinping has said the country's coast guard must enforce maritime law and crack down on "criminal activities" to defend China's territorial sovereignty, state media reported on Friday. Xi made the comments as he inspected the China Coast Guard's command office for the East China Sea area and the performance of the coast guard's ships by video, Xinhua news agency reported. "It is necessary to establish and improve the coordination and cooperation mechanism of maritime law enforcement, severely crack down on illegal and criminal activities at sea," Xi said. The Chinese coast guard has had several confrontations with vessels from the Philippines in disputed territorial waters in the South China Sea.

Persons: Xi Jinping, Carlos Barria, Xi, Ella Cao, Bernard Orr, Christina Fincher, Barbara Lewis Organizations: Economic Cooperation, REUTERS, Rights, East, Thomson Locations: Asia, San Francisco , California, U.S, Rights BEIJING, East China, Xinhua, Philippines, South China

☆ Rates may have hit their peak. How to get the biggest bang out of cash heading into 2024
▼ + stars: | 2023-11-27 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

"It's important to keep sharing this idea to do something with your cash; these rates won't be here forever." Municipal money market funds Rather than tying up money in CDs or T-bills, Sachs prefers municipal money market funds for investors in the highest income tax brackets. Vanguard's Municipal Money Market Fund (VMSXX) has a 7-day SEC yield of 3.53% and carries an expense ratio of 0.15%. Residents in high-tax locales may also want to consider state-specific muni market funds, which have the additional benefit of providing income that's free of state taxes. For instance, there's the Vanguard California Municipal Money Market Fund (VCTXX) and the Fidelity New York Municipal Money Market Fund (FSNXX) .

Persons: –, Catherine Valega, Sallie Mae, Jeremy Keil, Keil, There's, Charles Sachs, Kaufman, Sachs, Michael Bloom Organizations: Federal, Green Bee, Synchrony, Financial, Keil Financial Partners, Federal Deposit Insurance Corp, FDIC, ., CFP, Money Market Fund, SEC, Residents, Vanguard, Fidelity New York Municipal Money Market Fund Locations: Winchester , Massachusetts, New Berlin , Wisconsin, Miami, Vanguard California

☆ US homebuyers are waiting for the Fed to start cutting interest rates. Here's when 10 experts say it's going to happen.
▼ + stars: | 2023-11-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Mortgage rates could decline if the Federal Reserve cuts interest rates next year. Here are 10 projections from experts on when the Fed's first rate cut will come. While these factors serve as deterrents for prospective buyers, interest rates may not stay this high forever. AdvertisementWhile declining interest rates wouldn't directly cause mortgage rates to fall, the two tend to move in the same direction. FebruaryIn August, Preston Caldwell, a Morningstar senior US economist, wrote in a note that he expected the Fed to start cutting interest rates in February.

Persons: —, Preston Caldwell, Arend Kapteyn, Bhanu Baweja, David Einhorn, Diane Swonk, Andrew Hollenhorst, Goldman Sachs, David Mericle, we'll, Simona Mocuta, Jeff Morton Organizations: Federal Reserve, Service, Federal, Morningstar, UBS, KPMG, Citi, Reuters, State Street Global Advisors, DWS Locations: North America's

☆ Here's how much money you need to save each month to retire with $2 million if you make $150,000 a year
▼ + stars: | 2023-11-22 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

American workers earning six-figure incomes have mixed feelings about whether they're saving enough to retire. Only about half of workers earning $100,000 or more feel that they're contributing enough to their 401(k)s to retire comfortably in the future, according to CNBC's August "Your Money" survey. You may also need more money saved up if you plan to retire in a state with higher costs of living. On average, Americans believe they'll need around $1.8 million saved by the time they retire, according to Charles Schwab's 2023 401(k) Participant Study. With this in mind, CNBC calculated how much you need to set aside each month if you earn $150,000 and want to retire with $2 million at 67.

Persons: CNBC's, Charles Schwab's Organizations: CNBC

NEW ORLEANS (AP) — As much as 1.1 million gallons of oil may have been discharged into the Gulf of Mexico from a pipeline system off Louisiana's southeast coast, the U.S. Coast Guard said Tuesday. The oil discharge was discovered amid high winds in the Gulf, which helped some of the oil evaporate and disperse. The Coast Guard said the oil was discovered near a pipeline system owned by Main Pass Oil Company, a subsidiary of Houston-based Third Coast Infrastructure LLC. WWL-TV reported Friday that pipeline gauges indicated 1.1 million gallons of oil were lost. The amount is far less than the 2010 BP oil disaster, when 134 million gallons were released in the weeks following an oil rig explosion.

Persons: Kelly Denning Organizations: ORLEANS, U.S . Coast Guard, Coast Guard, Fish, Wildlife, Pass Oil, Infrastructure LLC, Federal, for Biological Diversity Locations: Gulf, Mexico, U.S, Louisiana, Guard's, Orleans, Houston

"It is very likely that the Russian authorities are heavily involved in the transport operation. Very probably the border guards are involved on their side," he told Reuters. On Monday, Kremlin spokesman Dmitry Peskov denied Finland's accusation that Russia was deliberately pushing illegal migrants towards the border and said Russian border guards were carrying out their duties in line with the rules. Kivenjuuri said access to the border zone on the Russian side was controlled by Russian authorities. "The border zone is wider on the Russian side and these people are not allowed freely into the border zone.

Persons: Tomi Kivenjuuri, Dmitry Peskov, Jouko Kinnunen, Kivenjuuri, Migri, Antti Lehtinen, Essi Lehto, Anne Kauranen Organizations: Finnish Border Guard, European, Helsinki, Reuters, Finland's Border Guard, Lapland Border Guards, Russian, Asylum Unit, Thomson Locations: Finland, HELSINKI, Russia, Yemen, Somalia, Syria, Iraq, Helsinki, Moscow, Finnish, Vartius, Russian, Afghanistan, Morocco

☆ Miss Universe 2023 preliminary: Highlights from the national costume competition
▼ + stars: | 2023-11-17 | by ( Alex Rees | ) edition.cnn.com time to read: +6 min

That’s a serious question, but with a delightfully nonsensical answer: All served as inspiration for national costumes on display during the 2023 Miss Universe pageant’s preliminary competition. (Specifically, those were the looks donned by Miss Great Britain, Miss Philippines, Miss Dominican Republic and, yes, Miss Switzerland.) Eighty-four countries are represented at this year’s Miss Universe, which is taking place in the El Salvadoran capital of San Salvador. Miss Nepal, Jane Garrett, is one of the first “curvy” women to compete at Miss Universe; Erica Robin, meanwhile, is the first woman to represent Pakistan at the pageant. Hector Vivas/Getty ImagesTrue to form for the competition, Miss France ventured into Moulin Rouge's costume department.

Persons: Miss Great, Miss Nepal, Jane Garrett, Erica Robin, R’Bonney Gabriel, Hector Vivas, Miss Brazil, El Salvador's, Alex Peña, Ireland's, carnations, Miss Nigeria's, Miss Curaçao's, Marina Machete, Miss Malaysia, Serena Lee, Jordanne Levy, Moulin, Anntonia Porsild, Bryoni Natalie Govender, Miss Mongolia's Organizations: CNN, Swiss Guard, Miss, El, Oxford English, Miss Netherlands, Games, country's Air Force, Images Locations: Miss Great Britain, Miss Philippines, Miss Dominican Republic, Miss Switzerland, El Salvadoran, San Salvador, Netherlands, Portugal, Miss, Pakistan, USA, Miss Iceland, Venezuelan American, Costa Rica, Miss Portugal, Honduras, Jamaica, Thailand, South Africa

A view of the border between Russia and Finland at the Nuijamaa border checkpoint in Lappeenranta, Finland on November 15, 2023. The four border crossings - at Vaalimaa, Nuijamaa, Imatra and Niirala in southeastern Finland - are normally the busiest points of travel between the two countries. Nearly 100 asylum seekers had entered Finland from Russia on Friday by midday, officials said. Finland shares a 1,340-km (833-mile) border with Russia that also serves as the EU's external border. Finland's ombudsman for non-discrimination said on Thursday Helsinki still had a duty under international treaties and EU law to allow asylum seekers to seek protection.

Persons: Helsinki, Matti Pitkaniitty, Pitkaniitty, Essi Lehto, Anne Kauranen, Terje Solsvik, Gareth Jones Organizations: Finnish Border Guard, European Union, NATO, Kremlin, Helsinki, Thomson Locations: Russia, Finland, Lappeenranta, Finnish, HELSINKI, Vaalimaa, Russia's, Salla, Iraq, Yemen, Somalia, Syria, Moscow, Ukraine, United States

With the meme-stock rally in the rearview mirror and interest rates surging, individual investors are rediscovering the philosophy made famous by Vanguard's founder, Jack Bogle. Fans call themselves "Bogleheads," and the strategy "lazy" investing. Dan Griffin, a self-proclaimed Boglehead based in Florida, said he watched the meme stock rally in amusement. The current market condition is proof that his "tortoise" investing approach is the right one to building long-term wealth, he said. "The meme stock phenomenon seemed so focused on being incredibly plugged into your portfolio and monitoring your investments — I see the Bogleheads' philosophy as being antithetical to all of that."

Persons: Jack Bogle, Dan Griffin, Boglehead, Griffin, Christine Benz, Morningstar Organizations: GameStop, CNBC Locations: Florida

☆ Philippines denounces China for 'unprovoked acts of coercion' to block resupply mission
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Damir Sagolj/File Photo Acquire Licensing RightsMANILA/BEIJING, Nov 10 (Reuters) - The Philippines on Friday condemned China's coast guard for "unprovoked acts of coercion and dangerous manoeuvres," including its use of a water cannon against one of its boats in an attempt to disrupt a resupply mission in the South China Sea. China's coast guard said two small Philippine transport ships and three coast guard ships entered the waters without the permission of the Chinese government and urged the Philippines to stop infringing on Beijing's sovereignty. Japanese Prime Minister Fumio Kishida said during his visit to Manila on Saturday that his country, the Philippines and the United States were cooperating to protect the freedom of the South China Sea. China's use of water cannons followed a series of incidents in the South China Sea, including the collisions between China's vessels and two Manila ships on Oct. 22. The Philippines accused China coastguard of "intentionally" colliding with its vessels.

Persons: Carlos Dominguez, Gao Hucheng, Damir Sagolj, Thomas, Thomas Shoal, Wang Wenbin, Fumio Kishida, Neil Jerome Morales, Bernard Orr, Christopher Cushing, Gerry Doyle, Christina Fincher Organizations: Philippine, China's, REUTERS, South China, Official Development, China coastguard, Beijing, Thomson Locations: Beijing, China, MANILA, BEIJING, Philippines, China's, South China, South, Manila, Ayungin, Philippine, Thomas Shoal, United States, Japan, Japanese, Washington, Hague

☆ Here's how much money you'd need to save each month to retire with $1.5 million if you earn $80,000 a year
▼ + stars: | 2023-11-07 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

For a little over a quarter of Americans, their biggest financial fear is not having enough money saved for retirement, according to a recent WalletHub survey. On average, Americans think they'll need around $1.2 million to retire comfortably, per Northwestern Mutual's 2023 Planning and Progress Study. Don't fret if you feel a long way away from reaching your retirement goals. One of the best ways to ensure you'll have enough money to retire comfortably is to start sooner rather than later. To that point, CNBC calculated how much someone who earns $80,000 annually would need to save each month in order to retire with $1.5 million at age 67.

Organizations: CNBC Locations: Northwestern, U.S

☆ Vanguard CIO Greg Davis: Fed could hike interest rates two more times
▼ + stars: | 2023-10-31 | by ( Meredith Mutter | ) www.cnbc.com time to read: +1 min

Vanguard's Greg Davis believes the Federal Reserve is not done hiking interest rates. According to the firm's chief investment officer, the central bank's next move higher could happen before year's end. People [are] actually earning a real return — a real income on their fixed-income investments," said Davis. "It's a very different market environment than what we've seen in the last 10 to 15 years or so." "Even before the global financial crisis, the neutral rate of Fed funds was actually higher than what we've seen recently as well," Davis said.

Persons: Vanguard's Greg Davis, CNBC's, Davis, we've Organizations: Federal Reserve, Treasury

☆ ETF Edge: Where are rates headed?
▼ + stars: | 2023-10-27 | 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 EmailETF Edge: Where are rates headed? CNBC’s Bob Pisani on ‘ETF Edge’ with Vanguard's Greg Davis discuss the outlook for interest rates into next year.

Persons: Bob Pisani, Greg Davis

☆ Vanguard's bond chief expects a recession in 2024. Here's how she's preparing her funds
▼ + stars: | 2023-10-27 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Entering 2023, many investment experts and economists predicted the U.S. was heading toward a recession, but so far growth has been surprisingly strong. Vanguard is perhaps best known as a leader in low-cost passive index investing in both mutual funds and exchange-traded funds. The firm does have active products, however, such as the Vanguard Core Bond Fund (VCORX) . On Friday, Vanguard announced it was launching two new municipal bond index ETFs — Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) and Vanguard California Tax-Exempt Bond ETF (VTEC). Even as the economy starts to slow, Devereux said Vanguard expects a "hawkish hold" from the Fed on interest rates.

Persons: Sara Devereux, CNBC's Bob Pisani, Devereux, Dereveux, They're Organizations: Vanguard's Investment Management Group, The Commerce Department, Vanguard, Bond Fund, Bond, Vanguard California, CNBC Locations: U.S

☆ CNBC Pro Exclusive: Vanguard's bond chief expects a recession in 2024
▼ + stars: | 2023-10-27 | by ( Alison Conklin | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Exclusive: Vanguard's bond chief expects a recession in 2024. How she's preparing her fundsCNBC's Bob Pisani sits down with Sara Devereux, Vanguard's global head of fixed income for an exclusive interview. She discusses why she thinks that a recession is looming next year.

Persons: Bob Pisani, Sara Devereux, Vanguard's

☆ Finland says gas pipeline likely broken by ship dragging anchor
▼ + stars: | 2023-10-24 | by ( Essi Lehto | ) www.reuters.com time to read: +3 min

Investigators said they had now retrieved a lost anchor from the seabed location where the pipeline ruptured on Oct. 8, and were investigating whether it belonged to a Chinese container vessel. Police have previously said damage to the Balticconnector subsea gas pipeline and two Baltic Sea telecoms cables was cause by external mechanical force and were investigating whether this was a case of sabotage or caused by accident. Broad drag marks were seen on the seabed leading up to where the pipeline was broken, and the anchor was lying immediately after the damage spot. China called on Monday for an "objective, fair and professional" investigation into the pipeline damage. The incident cut pipeline gas supplies to Finland, although the country expects to manage with imports of liquefied natural gas via ship deliveries to its Inkoo port.

Persons: Investigators, Robin Lardot, Essi Lehto, Terje Solsvik, Bill Berkrot Organizations: Hong, Police, Baltic, Bureau of Investigation, NATO, Thomson Locations: Hong Kong, Finland, HELSINKI, Baltic, Gulf of Finland, China, Germany, Russia

☆ Eyeing dividend-paying stocks? Don’t rush to pick up the richest yielding names
▼ + stars: | 2023-10-23 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Today's higher interest rate environment drives home the reason why investors should scrutinize stocks offering tempting double-digit yields. Digging beneath the surface Multiple factors may contribute to a stock touting high dividend yields at first blush. First, there are dividend sustainers – companies that have made steady payments for years, including Merck , Johnson & Johnson and Southern Co . Investors who want to hunt dividend payers shouldn't go for the biggest yielders, but instead look for names that are in the second or third quintile among dividend payers, he said. "For many investors, you can get a pretty good dividend play and a good yield through ETFs at a low cost," said Ebersole.

Persons: Bond, Charlie Gaffney, Gaffney, Eaton Vance, Jamie Ebersole, Kim Abmeyer, Morgan Stanley, shouldn't, Ebersole, Morningstar's Bryan Armour, VIG Organizations: Utilities, Morgan Stanley Investment Management, Ebersole, Abmeyer Wealth Management, Investors, Costco Wholesale, Merck, Johnson, Southern Co, Apple, Exxon Mobil, Walmart Locations: Southern

The logo for Vanguard is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2022. Despite a "cruel summer for bond investors," long-term bonds continue to remain attractive as the economy will likely enter a shallow recession next year, the world's second-largest asset manager said in a fixed income outlook seen by Reuters. "The relative advantage short-term government bonds have can fade quickly, and investors can fare better when they lock in higher rates for longer," Vanguard said. Vanguard said it expects interest rates will not be cut until at least mid-2024, and that bond yields will not return to the low levels that characterized the U.S. bond market in recent history. "We view high-quality corporates as one of the more attractive places to be in credit," Vanguard said.

Persons: Brendan McDermid, Bill Ackman, Davide Barbuscia, Ira Iosebashvili, Will Dunham Organizations: Vanguard, New York Stock Exchange, REUTERS, Federal, Reuters, U.S, Treasury, Pershing, Capital, Thomson Locations: New York City, U.S

☆ Vanguard sells stake in joint venture with China's Ant
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File Photo Acquire Licensing RightsOct 17 (Reuters) - U.S. mutual fund issuer Vanguard Group said on Tuesday it had sold its stake in a joint venture with Chinese fintech giant Ant Group, hastening its retreat from the world's second-biggest economy. Vanguard said it will prioritize regions where it offers its own investment products and services. Its 49% stake in the venture, a digital investment advisory service, has been sold to Ant. A Reuters report in March said Vanguard was mulling a retreat from China after a six-year presence in the country.

Persons: Aly, Niket, Anil D'Silva Organizations: Ant Group, REUTERS, Vanguard, Ant, BlackRock, Fidelity, Reuters, Bloomberg News, Thomson Locations: Alibaba, Hangzhou, Zhejiang province, China, Washington, Beijing, Taiwan, Bengaluru

CAMDEN, N.J. (AP) — Philadelphia 76ers star James Harden remained steadfast that his fractured relationship with the front office can't be repaired. But he did attend training camp and continues to practice with the 76ers in the wake of the disgruntled guard's trade demand. “I’m here putting work in. "You can say whatever you wanna say about me, but you don’t get this far in this league without putting work in. So whenever things fail or things don’t go how you feel they should go, you just continue to work, and that’s it.”___

Persons: James Harden, Harden, “ It's, ” Harden, “ You've, I’ve, “, ”, “ It’s, Joel Embiid, Nick Nurse —, Boston — Organizations: — Philadelphia 76ers, 76ers, Sixers, Atlanta, Milwaukee, Boston Locations: CAMDEN, N.J, New Jersey, Houston, Brooklyn, Philly

Six months later, his friend-turned-rival Notorious B.I.G, whose legal name is Christopher Wallace, was gunned down. They hung out together on the set of the 1993 film “Poetic Justice,” which starred Janet Jackson and Shakur. Shakur found out that the night of that attack, Wallace and Sean “Diddy” Combs were together in a recording studio. East vs. West coastsLess than 24 hours after the 1994 shooting, Shakur made a court appearance in a wheelchair on sex-assault charges against him. Greenidge, who described the rapper as a professional mentor, told the grand jury he was in the convoy.

Persons: Tupac Shakur, Shakur, B.I.G, Christopher Wallace, Wallace, Duane “ Keffe, ” Davis, Davis, enmeshed, ”, Justin Tinsley, Janet Jackson, Sean “ Diddy ” Combs, Combs, Malcolm Greenidge, Reggie Wright Jr, Marion “ Suge, Knight, disrespecting Combs, Tha, Snoop Dogg, Faith Evans, “ It’s, Wright, Robert Ladd, Ladd, “, Orlando Anderson, ” Denvonta Lee, Mike Tyson, Bruce Seldon, Anderson, Daniel Ford, Ford, Lee, Deandrae Smith, Smith, “ Keffe, ” Lee, Keffe, Biggie Shakur, Tinsley, ” “ Biggie, ” Tinsley, ‘, Tupac, Rio Yamat, Ken Ritter, Scott Sonner, Gabe Stern, Andrew Dalton, Ryan Pearson, Stefanie Dazio, Felicia Fonseca Organizations: ANGELES, New York City, The Associated Press, Los, Records, New, Boy Records, Row, Tha Dogg, West Coast, Side, South Side, Bloods, MGM, Anderson, BMW, Authorities, Cadillac, ” Police, Las Vegas, ___ Associated Press Locations: East, West, New York, Las Vegas, Compton, midtown Manhattan, East Harlem , New York, Los Angeles, Brooklyn, Harlem, New York City, York , New York, Vegas, Lakewood, South Los Angeles, Reno , Nevada, Flagstaff , Arizona

☆ U.S. supports Finland, Estonia as it probes Baltic Sea pipe burst, says Blinken
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

The picture provided by The Finnish Border Guard shows Finnish Border Guard's offshore patrol vessel Turva guarding on October 11, 2023 at sea near the place where damaged Balticconnector gas pipeline is pinpointed at the Gulf of Finland. Lehtikuva/FINNISH BORDER GUARD via REUTERS/File photo Acquire Licensing RightsOct 12 (Reuters) - U.S. Secretary of State Antony Blinken said on Thursday the United States would support Finland and Estonia as they probe damage to a gas pipeline and a telecommunications cable under the Baltic Sea. Location of damaged gas pipeEarlier on Thursday, Finnish intelligence said it could not rule out the possibility of a "state actor" being involved in damaging the infrastructure. "Involvement of a state actor in this job cannot be ruled out," Finnish Security Intelligence Service Director Antti Pelttari told reporters. A chief investigator also said that it currently looked like the damage was caused by "mechanical force", not an explosion.

Persons: Antony Blinken, Blinken, Finland's Gasgrid, Antti Pelttari, Elviira, Niklas Pollard, Gwladys, Terje Solsvik, Mark Potter, Deborah Kyvrikosaios Organizations: Finnish Border Guard, GUARD, REUTERS, NATO, NATO Allies, Security Intelligence, Thomson Locations: of Finland, States, Finland, Estonia, Baltic, Brussels, NATO Allies Finland

The Balticconnector gas pipeline was shut early on Sunday on concerns that gas was leaking from a hole in the 77-km (48-mile) pipeline. Finnish operator Gasgrid said it could take months or more to repair. "It is likely that damage to both the gas pipeline and the communication cable is the result of outside activity. The damage to the gas pipeline was believed to have taken place in Finnish waters, while the telecoms cable breach was in Estonian waters, Finnish authorities said. Prices were already up on Tuesday due to fears over tensions in the Middle East but expectations that outside activity caused the pipeline damage pushed prices in the nervous market higher.

Persons: Jens Stoltenberg, Gasgrid, Sauli Niinisto, Petteri Orpo, Orpo, Elisa, Timo Kilpelainen, Terje Solsvik, Anne Kauranen, Anna Ringstrom, Andrius, Marta Frackowiak, Louise Rasmussen, Susanna Twidale, Julia Payne, Bart Meijer, Gwladys Fouche, Susan Fenton, Jonathan Oatis Organizations: Finnish Border Guard, Companies Gas, PM, NATO, Reuters, Finnish, Amber Grid, Thomson Locations: of Finland, Estonian, Finland, Estonia, HELSINKI, Baltic, Finnish, Inkoo, Paldiski, St Petersburg, NORD, Russia, Germany, Latvia, Lithuania, Lithuanian, Ukraine, United States, Latvian, Hamina, Oslo, Helsinki, Stockholm, Andrius Sytas, Vilnius, Gdansk, Copenhagen, London, Brussels

☆ Image shows the last remaining debris from the Titan submersible implosion recovered by the Coast Guard
▼ + stars: | 2023-10-10 | by ( Associated Press | ) www.businessinsider.com time to read: +3 min

The final debris from the Titan submersible's implosion was recovered by US Coast Guard officials. More presumed human remains were also found from within the debris and will be examined. The Coast Guard said that the recovery and transfer of remaining parts was completed last Wednesday, and a photo showed the intact aft titanium endcap of the 22-foot (6.7-meter) vessel. Additional presumed human remains were carefully recovered from within Titan's debris and transported for analysis by U.S. medical professionals, the Coast Guard said. AdvertisementAdvertisementThe Coast Guard previously said it recovered presumed human remains along with parts of the Titan after the debris field was located at a depth of 12,500 feet (3,800 meters).

Persons: —, Titan, OceanGate Organizations: US Coast Guard, Service, Guard, Coast Guard, U.S . Navy, Investigators, Guard's Marine Board of Investigation, U.S . National Transportation Safety Board, Transportation, Board of Canada, Board of Investigation, Stockton Rush

☆ Capitalize on once-in-a-generation opportunities in the bond market by making these 5 moves now, according to 6 leading fixed income strategists
▼ + stars: | 2023-10-10 | by ( James Faris | ) www.businessinsider.com time to read: +11 min

Yahoo FinanceHowever, six leading fixed income investors are confident that the pain won't last much longer. Michele continued: "I've been doing this since 1981, so I've seen a decade of double-digit bond yields with disinflation. Alex Petrone, the director of fixed income at Rockefeller Asset Management, agreed that it's too soon to write off a recession. Nailing timing helps maximize returns, though fixed income experts said that's difficult because the Fed's policy decisions are unpredictable. Buying Treasuries and municipal coupons on both the long and short ends of the curve are how she recommends playing fixed income.

Persons: Jonathan Mondillo, you've, Bob Michele, Michele, I've, we'll, Federal Reserve —, Robert Robis, Robis, Alex Petrone, it's, Petrone, Mary Daly, David Schiffman, Roger Aliaga, Diaz, Aliaga, Mondillo, Schiffman Organizations: Yahoo Finance, JPMorgan Asset Management, isn't, Federal Reserve, BCA Research, Rockefeller Asset Management, Fed, San Francisco Fed, Aquila Investment Management, Vanguard's Investment, Investment Locations: Scotland, bottoming, Abrdn, Aquila, Treasuries, CCC

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