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Jill Kramer, chief marketing and communications officer at Accenture, spoke to Insider about the importance of advancing disability inclusion. Kramer is spearheading Accenture's partnership with Disability:IN and TD Bank in a coalition that brings together chief marketing officers and chief communications officers across verticals. "What if we didn't try to one-up each other? But rather work as a coalition to each take on different aspects of representation, inclusion, accessibility of content," Kramer tells Insider. "And by agreeing to do that work across, we would each learn and accelerate faster."
Persons: Jill Kramer, Kramer Organizations: Accenture, TD Bank Locations: verticals
But while gas shortages are unlikely in Europe this winter, the price of the fuel remains a worry. According to S&P Global, about one-fifth of global LNG supply travels through the channel on Iran’s south coast. In a less jittery market, neither incident may have had the effect it did, helping boost European gas prices by more than 40% over the course of a single week. High gas prices have presented a persistent economic headwind for Europe's biggest economy due to its reliance on energy-intensive industries. Together, these milestones should push European gas prices down to €30 ($32) per megawatt hour by the end of next year, Weatherburn added.
Persons: Asia —, Soeren, , Jack Sharples, Heikki Saukkomaa, Simone Tagliapietra, Bill Weatherburn, Stefan Sauer, Weatherburn, Organizations: London CNN, European Union, International Energy Agency, EU, Getty, , Oxford Institute of Energy Studies, CNN, Hamas, P, Chevron, Egyptian, Steam, , Capital Economics, Qatar, Energy Locations: Russia, Moscow, Ukraine, Europe, North America, Asia, Norway, Hungary, Austria, Azerbaijan, Algeria, Germany, Israel, Gaza, Hormuz, Jordan, Egypt, Cairo, Estonia, Australia, AFP, , ” Europe, France, Italy, Lubmin, Pomerania, United States, Qatar
WASHINGTON (AP) — Another day, another Supreme Court case with a mention of former President Donald Trump. Government officials said the phrase “Trump too small” could still be used, just not trademarked because Trump had not consented to its use. But a federal appeals court said refusing trademark registration violated free speech rights. ... And you know what they say about men with small hands,” Rubio said. Are they small hands?
Persons: Donald Trump, Trump, Joe Biden’s, Steve Elster, Marco Rubio . Rubio, Marco ”, , ” Rubio, ” Trump, , shouldn't, Vidal v . Organizations: WASHINGTON, Republican, Justice, Government, Trump, White, U.S . Capitol, Justice Department Locations: California, Florida, Vidal v, Vidal v . Elster
Euro zone inflation, growth slow as ECB hikes weigh
  + stars: | 2023-10-31 | by ( Francesco Canepa | ) www.reuters.com   time to read: +2 min
Summary Euro zone inflation lowest since July 2021 in OctGDP shrinks slightly in Q3FRANKFURT, Oct 31 (Reuters) - Inflation in the euro zone hit a two-year low a month after its economy began contracting, data showed on Tuesday, illustrating the dual impact of a steady diet of European Central Bank's interest rate hikes. But the brisk decline from the double-digit figures of just a year ago is coming at a cost: the euro zone economy dipped by 0.1% in the three months to September, according to a separate Eurostat release, and is flirting with a recession. "The data leaves the ECB firmly on hold," Dirk Schumacher, an economist at Natixis, said. "It's now down to weaker demand grinding down inflation and that's a slow process," Natixis' Schumacher said. "Still, continued economic and geopolitical uncertainty alongside the impact of higher rates on the economy will weigh on economic activity in the coming quarters."
Persons: Dirk Schumacher, It's, Natixis, Schumacher, Bert Colijn, Francesco Canepa, John Stonestreet Organizations: ECB, ING, Thomson Locations: FRANKFURT, European
Although several key details about next year’s New Hampshire primary have yet to be determined, the event has begun to take shape. The South Carolina Democratic primary on Feb. 3 is the earliest contest on the Democratic National Committee's official calendar. Why won’t Biden’s name appear on the New Hampshire primary ballot? Will Biden still be a factor in the New Hampshire primary? Biden’s name will not appear as a printed option on the New Hampshire primary ballot.
Persons: Joe Biden wasn't, David Scanlan, Biden, Will Biden, Lyndon Johnson, Raymond Buckley, Joe Biden, , Republican Sen, Lisa Murkowski’s, Murkowski, Scanlan, , Barack Obama, Hillary Clinton, Marianne Williamson, Dean Phillips, it’s, Holly Ramer, Will Weissert Organizations: WASHINGTON, New Hampshire, South Carolina Democratic, Democratic National, New, Democratic Party, DNC, Carolina, Democratic, State Democratic, Republican, New Hampshire Democratic, Hampshire’s Democratic, Delegates, New Hampshire Democrats, Biden, Marianne Williamson . Minnesota U.S . Rep, Associated Press, AP, Republican New, Washington , D.C Locations: New, year’s, Hampshire, Iowa, New Hampshire, South Carolina, Carolina, Nevada, , New Hampshire, Chicago, Alaska, Michigan, Florida, Sens, Marianne Williamson . Minnesota, Republican New Hampshire, Concord , New Hampshire, Washington ,
Mortgage rates will stay high through 2024, dipping to just under 7% at year-end, Goldman Sachs forecasts. This will keep homeowners off the market, and the housing turnover rate will fall to its lowest since the 1990s. Higher rates will also mean more moderate price growth, with a 1.3% year-on-year rise expected in 2024. AdvertisementAdvertisementThough housing starts are usually sensitive to mortgage rates themselves, Goldman has previously found that this relationship weakens if homeowner vacancy rates are low. The below-trend level will follow an estimated 3.4% price increase for 2023 — though the current rate is higher, Goldman expects prices to turn negative into the year-end.
Persons: Goldman Sachs, , Goldman, multifamily, Barbara Corcoran Organizations: Service
A few hours north, the Amarillo City Council on Tuesday will weigh its own such law, which could lead to a future council or city-wide vote. He took that approach in Odessa's city elections in 2022 after the council initially blocked one of his "sanctuary city for the unborn" proposals. Not all backers of abortion restrictions support Dickson's transport bans, however. The debates over the transport bans are spurring new shows of support for abortion access. Abortion rights supporters, including four abortion funds in Texas, said they expected the transport bans to backfire on the anti-abortion movement by galvanizing political participation from abortion rights advocates in the lead-up to next year's presidential election.
Persons: Evelyn Hockstein, Roe, Mark Lee Dickson, Dickson, Jason Corley, Corley, Amarillo Mayor Cole Stanley, Kimberleigh Gonzalez, Gonzalez, Rachel O'Leary Carmona, Julia Harte, Colleen Jenkins, Leslie Adler Organizations: Alamo Women's Clinic, REUTERS, Supreme, Amarillo City, federal, Constitutionalist, Amarillo, Thomson Locations: Albuquerque , New Mexico, U.S, Texas, Wade, Lubbock County, Amarillo, Lubbock, New Mexico, Odessa's, Odessa
Jill Kramer, chief marketing and communications officer at Accenture, spoke to Insider about how some marketers might feel threatened by the capabilities of generative AI. Kramer said generative AI should be considered a tool to supplement and amplify great marketing ideas. "Generative AI needs a corpus to work off of," Kramer tells Insider. "If the original content is not fabulous, the generative AI curated synopsis won't be fabulous. So, it is still going to be powered by the original human idea."
Persons: Jill Kramer, Kramer Organizations: Accenture
Hong Kong CNN —China’s real estate market remains a drag and will put pressure on global growth. The data comes at a time when Country Garden, once the country’s biggest homebuilder, is fighting for its life. The property slowdown will impact not just China, but also global growth, the International Monetary Fund (IMF) said on Wednesday. Global impactThe IMF said China’s property downturn will weigh on global growth prospects. Country Garden issued a statement on Thursday, threatening to pursue legal action against anyone spreading “malicious rumors” about its founder fleeing the country.
Persons: Hong Kong CNN —, , Krishna Srinivasan, Srinivasan, Yang Huiyan, Yang Guoqiang Organizations: Hong Kong CNN, National Bureau of Statistics, International Monetary Fund, NBS, IMF, Pacific Department Locations: China, Hong Kong, Beijing, Ukraine, Asia
SINGAPORE, Oct 18 (Reuters) - The International Monetary Fund (IMF) downgraded its 2023 and 2024 growth forecasts for China, saying its recovery was "losing steam" and citing weakness in its property sector. The report projected that a prolonged housing market correction in China would in the near-term "trigger greater financial stress among property developers and larger asset quality deterioration". The IMF's 2023 outlook for Asia and the Pacific was brighter, with IMF calling it "the most dynamic region this year". Growth in Asia and the Pacific, however, is expected to slow to 4.2% next year. Central banks in the region, however, should guard against easing monetary policy prematurely, the IMF added.
Persons: Kanupriya Kapoor Organizations: Monetary Fund, IMF, Thomson Locations: SINGAPORE, China, Asia, Disinflation, Japan, Central
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnited Airlines CEO: Higher fuel, labor costs and supply chain challenges will weigh on profitsCNBC’s Phil LeBeau and United Airlines CEO Scott Kirby join 'Squawk Box' to discuss the airline's quarterly earnings results, reasons behind a drop in Q4 guidance, cost pressures, capacity challenge, and more.
Persons: Phil LeBeau, Scott Kirby Organizations: Email United Airlines, United Airlines
Before Michael Park took over the CMO role at ServiceNow, he held leadership roles in sales and product. But he says marketing is "by far and away the most complex function I've ever run." Park spoke to Insider in an exclusive video interview, about what makes marketing leadership so challenging, and how he has come to appreciate the power of brand and creativity.
Persons: Michael Park
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. United Airlines said more expensive jet fuel and a halt to the carrier's Tel Aviv flights during the Israel-Hamas war will eat into its profits in the last three months of the year. United and other U.S. and international carriers halted their flights to Israel earlier this month. United had more service to Israel than any of the U.S.-based airlines with service from Washington D.C., Newark, New Jersey and San Francisco. Its costs, excluding fuel will likely rise between 3.5% and 5% in the fourth quarter from 2022, United said.
Persons: United Organizations: Boeing, United Airlines, Washington D.C, Delta, LSEG Locations: Barcelona, Tel Aviv, Israel, Chicago, U.S, Washington, Newark , New Jersey, San Francisco, United
Aspiring homebuyers won't like what Goldman Sachs has to say about the housing market. Home prices will likely end this year up 1.8% before accelerating by 3.5% in 2024, according to Goldman Sachs' latest projections. By contrast, some cities in the West and Southwest saw prices plunge after soaring significantly during the pandemic. Ten of these metropolitan areas saw outsized property price growth while the other half saw prices decline from 2022. Along with each city is its year-over-year growth, total and annualized price growth since 2000, and median price.
Persons: homebuyers, Goldman Sachs, Roger Ashworth, Goldman, Corelogic, Ashworth Locations: Goldman Sachs, West, Southwest, Denver , Colorado
A recent string of Treasury auctions has suffered from weak investor demand. But Ed Yardeni thinks yields are already at the right levels to start bringing back demand. AdvertisementAdvertisementA string of recent Treasury bond auctions saw a major slump in investor demand, and that could be a harbinger of a trend that sends yields higher, strategists said. But market veteran Ed Yardeni told Insider that bond yields could already be at the right levels to bring back demand. AdvertisementAdvertisementHe also noted that while the recent auctions didn't go well, bond yields didn't shoot to new highs.
Persons: Ed Yardeni, , Bill Ackman, Larry Fink, Bill Gross, Yardeni, Penn Wharton Organizations: Securities, Service, Treasury Department, TD Securities, Treasury
Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. Prices pared gains after U.S. government data showed U.S. crude inventories (USOILC=ECI) rose by 10.2 million barrels in the last week to 424.2 million barrels, much higher than analyst expectations for a 500,000-barrel rise. U.S. crude output also hit a record 13.2 million barrels per day in the week, the data showed. Meanwhile, the IEA lowered its oil demand growth forecast for 2024, suggesting harsher global economic conditions and progress on energy efficiency will weigh on consumption. However, it raised its 2023 demand forecast to 2.3 million bpd from a forecast of 2.2 million.
Persons: Nick Oxford, Bob Yawger, Yawger, Giovanni Staunovo, Prince Abdulaziz, Novak, Prince Abdulaziz bin Salman, Alexander Novak, Stephanie Kelly, Ahmad Ghaddar, Trixie Yap, David Gregorio, Kirsten Donovan Organizations: REUTERS, Brent, . West Texas, U.S, Mizuho, EIA, European Central Bank, UBS, Saudi Energy, IEA, Organization of, Petroleum, Thomson Locations: Cushing , Oklahoma, Lower U.S, Saudi, Israel, Russia, New York, London, Singapore
REUTERS/Nick Oxford/File Photo Acquire Licensing RightsSummary IEA trims 2024 oil demand forecast to 880,000 bpdOPEC sticks to 2024 forecast of 2.25 million bpdIEA cites signs of demand destruction from higher pricesLONDON, Oct 12 (Reuters) - The gap between two leading oil forecasters' views on 2024 demand growth widened on Thursday, with the International Energy Agency (IEA) predicting a sharper slowdown while producer group OPEC stuck to expectations for buoyant China-led growth. By contrast, in its latest report OPEC stuck to its forecast that demand will rise by 2.25 million bpd in 2024. The difference between the two forecasts - 1.37 million bpd - is equivalent to more than 1% of daily world oil use. Oil demand growth is an indication of likely oil market strength, and can affect prices and fuel costs for consumers and businesses. "In 2024, solid global economic growth, amid continued improvements in China, is expected to further boost oil consumption," OPEC said in a monthly report.
Persons: Nick Oxford, Natalie Grover, Alex Lawler, Jason Neely, Susan Fenton, Jan Harvey Organizations: Midland , Texas U.S, REUTERS, International Energy Agency, of the Petroleum, IEA, OPEC, Economic Co, Development, Thomson Locations: Midland , Texas, China, OPEC, Israel, Palestinian, Nigeria, Pakistan, Egypt, United States, London
LONDON, Oct 12 (Reuters) - The International Energy Agency (IEA) lowered its oil demand growth forecast for 2024 on Thursday, suggesting harsher global economic conditions and progress on energy efficiency will weigh on consumption. The Paris-based agency in its monthly report lowered its 2024 demand growth forecast to 880,000 barrels per day (bpd) from its previous forecast of 1 million bpd. However, it raised its 2023 demand forecast to 2.3 million bpd from a forecast of 2.2 million. In September, global benchmark Brent hit 10-month highs after Saudi Arabia and Russia extended their combined 1.3 million bpd cuts until the end of the year. However, prices dropped dramatically last week as a darkening macroeconomic outlook intensified fears of slower demand growth, eclipsing supply concerns.
Persons: Natalie Grover, Alex Lawler, Jason Neely Organizations: International Energy Agency, OPEC, Brent, Thomson Locations: Paris, OPEC, Saudi Arabia, Russia, London
Washington, DC CNN —Most Federal Reserve officials said last month that they expect one more rate hike, according to minutes from their September policy meeting released Wednesday. Some officials said that how fast inflation cools in the coming months will determine how long rates remain elevated. Inflation’s steady descent over the past year, and the job market’s gradual cooldown, gave officials enough reassurance to pause, the minutes showed. The central bank’s latest set of economic projections also showed that most Fed officials expect fewer rate cuts next year, confirming investors’ fears that rates could remain higher for longer. It’s unclear how much higher yields will weigh on economic activity, but several Fed officials have said in public remarks this week that it could mean less action from the Fed.
Persons: , Jerome Powell, Philip Jefferson, , Lorie Logan, Mack Trucks Organizations: DC CNN, Federal, Fed, Treasury, ” Dallas, Employers, Labor Department, United Auto Workers, UAW Locations: Washington
A member of one of America’s most famous Democratic families, the 69-year-old Kennedy was running a long-shot Democratic primary bid but has better favorability ratings among Republicans. Biden's allies so far have dismissed Kennedy’s primary campaign as unserious. Asked for comment on his potential independent run, a Democratic National Committee spokesman responded with an eye roll emoji. Kennedy took leave from the group when he announced his run for president but is listed as one of its attorneys in the lawsuit. ___The Associated Press receives support from several private foundations to enhance its explanatory coverage of elections and democracy.
Persons: Robert F, Kennedy Jr, Joe Biden, Donald Trump, Kennedy, Mediaite, Biden, Kennedy’s, Cornel West, Sen, Scott Brown, Joseph Mercola, John F, Sandy Hook, Alex Jones, Michael Flynn, Michelle Smith, Will Weissert Organizations: PHILADELPHIA, Democratic, Trump, Democrat, Democratic National, Green Party, White, Republican, Democratic Party, Twitter, America, Christian, Democrats, Children’s Health Defense, Associated Press, AP Locations: Philadelphia, South Carolina, Iowa, New Hampshire
Moderate US job growth slowdown expected in September
  + stars: | 2023-10-06 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +6 min
The Labor Department's closely watched employment report on Friday is also expected to show wage gains remaining elevated. Eighteen months after the Federal Reserve started raising interest rates, the labor market is only gradually easing. Labor market resilience, which is underpinning demand in the economy, raises the risk that the U.S. central bank could hike rates again by year end. Nonfarm payrolls likely increased by 170,000 jobs last month after rising 187,000 in August. Wage growth likely remained solid, with average hourly earnings forecast to have risen 0.3% after climbing 0.2% in August.
Persons: Elizabeth Frantz, Nick Bunker, Nonfarm, payrolls, Veronica Clark, Clark, Megan Way, Lucia Mutikani, Andrea Ricci Organizations: REUTERS, Labor, Federal Reserve, Citigroup, United Auto Workers, UAW, General Motors, Ford Motor, Chrysler, Hollywood, Babson College, Thomson Locations: Arlington , Virginia, U.S, y WASHINGTON, Tampa , Florida, Payrolls, New York, Washington ., Wellesley , Massachusetts
US job growth sizzles; wage inflation cooling
  + stars: | 2023-10-06 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +6 min
The report followed news this week that job openings jumped in August and first-time applications for unemployment benefits remained low in September. "Moreover, it underscores that they will be in no hurry to cut rates - higher rates for longer." The economy needs to create roughly 100,000 per month to keep up with growth in the working-age population. Monthly wage growth also remained moderate, with average hourly earnings rising 0.2% after a similar gain in August. But as fewer people quit their jobs in search of greener pastures, wage growth could moderate, though recent hefty union contracts pose a risk.
Persons: Elizabeth Frantz, Kathy Bostjancic, Lucia Mutikani, Andrea Ricci, Chizu Organizations: REUTERS, Federal Reserve, Labor Department, Financial, Treasury, Nationwide, Reuters, United Auto Workers, UAW, General Motors, Ford Motor, Chrysler, Manufacturing, Labor, Thomson Locations: Arlington , Virginia, U.S, WASHINGTON, payrolls, Washington .
The US economy added an estimated 336,000 jobs last month, blowing expectations out of the water, according to Bureau of Labor Statistics data released Friday. In September, leisure and hospitality helped drive job growth higher, with 96,000 jobs added. Today’s headline jobs number — that surprising 336,000 net job gain — is an initial estimate that will be revised twice more. The surprising September jobs report, however, didn’t continue that streak. August’s second look has job growth now at 227,000 for the month, an increase of 40,000.
Persons: , Sung, Soh, Joe Biden, , it’s, ” Biden, Andrew Patterson, ” Patterson, they’ve, Jim McCoy, we’re, ” Daniel Zhao, Glassdoor’s, ” Julia Pollak, didn’t, ” Diane Swonk, — CNN’s Tami Luhby Organizations: Minneapolis CNN, of Labor Statistics, Loyola Marymount University, SS Economics, BLS, Federal Reserve, Dow, Nasdaq, Bureau of Labor Statistics, Vanguard, Fed, Administration, Children, Families, Nationwide, Century, CNN Locations: Minneapolis, United States
ServiceNow CMO Michael Park believes that companies need to lean into purpose-driven marketing. "You've got to connect not just to the mind, but to the heart," Park told Insider.
Persons: Michael Park, You've
Jordanian Dinar, Yuan, Dollar, Canadian Dollar, Pound and Riyals banknotes are seen in this picture illustration taken June 13, 2017. JP Morgan analyst Sin Beng Ong in a note on the pressure it was putting on emerging Asia markets. RICHARD MCGUIRE, HEAD OF RATES STRATEGY, RABOBANK, LONDON:“The markets reflect effectively flying blind because the models don't work, everybody's been calling for a recession that just simply refuses to arrive. "Our view is that the U.S. economy slows into next year... so from that perspective, at some point, we expect it (bond market selloff) to normalise." (Compiled by the Global Finance & Markets Breaking News team)Our Standards: The Thomson Reuters Trust Principles.
Persons: Yuan, Dado Ruvic, BENG ONG, JP Morgan, Sin Beng Ong, RICHARD MCGUIRE, everybody's, you've, VIKRAM AGGARWAL, ” JUAN VALENZUELA, ARTEMIS, , ” NICK NELSON Organizations: REUTERS, OF, JPMORGAN, RABOBANK, LONDON, Federal Reserve, Global Finance, Markets, Thomson Locations: Treasuries, ASIA, SINGAPORE, Asia, U.S
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