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☆ Shipping giant Maersk is seeing tentative signs of a bounce back in global trade
▼ + stars: | 2023-09-15 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +2 min

Containers of Danish shipping and logistics company Maersk are seen in Copenhagen, Denmark, on September 14, 2023. Sergei Gapon | Afp | Getty ImagesThere are tentative signs of a bounce back in global trade, according to the CEO of shipping titan Maersk. North America is also looking strong for the next year, despite having faltered along with many other major economies due to macroeconomic factors, including Russia's full-scale invasion of Ukraine and tensions with China. "As this starts to normalize and works itself out, we will see a rebound in demand," Clerc said. "I would say emerging markets and North America are certainly the points where we see the most upside potential," he added.

Persons: Sergei Gapon, Vincent Clerc, CNBC's Silvia Amaro, Clerc, Kristalina Georgieva Organizations: Maersk, Afp, Getty, Consumers, IMF, CNBC Locations: Copenhagen, Denmark, U.S, Europe, India, Latin America, Africa, North America, Ukraine, China

The instruction by TSMC, which is grappling with delays at its $40 billion chip factory in Arizona, is aimed at controlling costs and reflects the company's growing caution about the outlook for demand, the sources said. Suppliers currently expect the delay to be short-term, the sources said, declining to be named as the information is not public. Companies affected by the instruction to delay include Dutch firm ASML (ASML.AS), which makes lithography equipment essential for high-end chipmaking, one of the sources said. ASM International (ASMI.AS), a smaller equipment firm that is also a supplier to TSMC, fell 4.2% with BE Semiconductor (BESI.AS), a packaging equipment firm, down 2.4%. CHIP CYCLE WORRIESThe Taiwanese chip giant is not alone in worrying a bounce back in demand may take longer than expected.

Persons: Dado Ruvic, TSMC, chipmaker, C.C, Wei, Peter Wennink, We've, Wennink, they're, Mark Liu, Sam Nussey, Fanny Potkin, Toby Sterling, Miyoung Kim, Stephen Coates Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Suppliers, Reuters, ASM, BE Semiconductor, Apple, Media, Huawei, Analysts, chipmaker Semiconductor Manufacturing International Corp, HK, Thomson Locations: TOKYO, SINGAPORE, AMSTERDAM, Arizona, China, Taiwan, Beijing, Washington, Tokyo, Singapore, Amsterdam

☆ Underdogs Chile make four changes for Samoa game
▼ + stars: | 2023-09-14 | by ( Lawrence White | ) www.reuters.com time to read: +1 min

TOULOUSE, France, Sept 14 (Reuters) - Chile coach Pablo Lemoine resisted the urge to make too many adjustments to the team for their Pool D Rugby World Cup match against Samoa on Saturday with four changes as they bid to bounce back from an opening defeat by Japan. Los Condores bring in Tomas Dussaillant at hooker, try a new second row pairing of Santiago Pedrero and Pablo Huete and give a start to Jose Ignacio Larenas on the left wing. The lowest ranked team at this World Cup and making their debut in the tournament, Chile notched two tries in the 42-12 loss to Japan but also suffered a pair of yellow cards and now look to the Samoa game as their best remaining chance of a win. Among the players to watch in the Chile side are full back Inaki Ayarza, a deft runner who sparked their opening score against Japan, and flyhalf Rodrigo Fernandez who finished it. The accomplished Fernandez has already caught the eye with his all-round game and will have to be at his best for Chile to beat Samoa for an unlikely first-ever win in a World Cup game.

Persons: Pablo Lemoine, Condores, Tomas Dussaillant, Santiago Pedrero, Pablo Huete, Jose Ignacio Larenas, flyhalf Rodrigo Fernandez, Fernandez, Javier Carrasco, Matias Dittus, Clemente Saavedra, Raimundo Martínez, Marcelo Torrealba, Rodrigo Fernandez, Matias Garafulic, Domingo Saavedra, Diego Escobar, Diego Escobar 17 Salvador Lues, Esteban Inostroza, Javier Eissmann, Alfonso Escobar, Ignacio Silva, Benjamin Videla, Pablo Casas, Lawrence White, Ken Ferris Organizations: Pool D, Samoa, Japan, Santiago Pedrero, Santiago Videla, Thomson Locations: TOULOUSE, France, Chile, Japan, Samoa, Diego Escobar 17

☆ There's a buy opportunity in this little-known software company, Needham says
▼ + stars: | 2023-09-14 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Needham analysts believe the recent pullback in software company Alight warrants a deeper look. The cloud-based business solution company has lost more than 18% in the current quarter, dragging shares down 9.5% for the year. The selloff came following its second-quarter earnings in August, during which the company reported a 36.3% year-over-year decline in business process as a service bookings. A follow-on offering also contributed to the selloff, according to analyst Kyle Peterson. "We believe the sell-off is overdone, with the shares trading at an EV/EBITDA multiple of 8x our FY24 estimate," he said.

Persons: Needham, Kyle Peterson, Peterson, Michael Bloom

☆ Bitcoin’s long-term price momentum is breaking, Wolfe Research says
▼ + stars: | 2023-09-14 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin's price this week is near a familiar and key support level, but its latest stop there is a little more worrying than previous ones this year, according to Wolfe Research. "With support in this area on dual fronts, it makes sense that price would hold and consolidate in this region. "Longer term momentum is starting to break in bitcoin," he added. Short term price action is never our worry, it's when longer term trends start to break, that we want to take notice and pivot accordingly." "As the retail investor comes under pressure and liquidity is drained, our concerns will only grow for crypto prices," Ginsberg added.

Persons: bitcoin, Wolfe, Rob Ginsberg, Bitcoin's, Ginsberg, — CNBC's Michael Bloom, Nick Wells Organizations: Wolfe Research Locations: bitcoin

☆ Scotland call up hooker McInally after Cherry suffers hotel tumble
▼ + stars: | 2023-09-14 | by ( Lawrence White | ) www.reuters.com time to read: +1 min

FILE PHOTO-Rugby Union - Six Nations Championship - Scotland v France - BT Murrayfield Stadium, Edinburgh, Britain - March 8, 2020 Scotland's Stuart McInally celebrates scoring their third try Action Images via Reuters/Lee Smith/File Photo Acquire Licensing RightsTOULOUSE, Sept 14 (Reuters) - Scotland have called up Edinburgh hooker Stuart McInally to replace David Cherry in their Rugby World Cup squad after Cherry suffered an accident at their hotel, the team said on Thursday. Cherry suffered a concussion after slipping on the stairs at the hotel on Monday, Scottish Rugby said, and the team took the decision to replace him in the squad for the rest of the tournament. McInally had already been on standby following a concussion suffered by Ewan Ashman last week, Scottish Rugby added. Scotland next play Tonga on Sept. 24 in Nice, looking to bounce back from their opening round defeat by South Africa. Reporting by Lawrence White; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Scotland's Stuart McInally, Lee Smith, Stuart McInally, David Cherry, Cherry, McInally, Ewan Ashman, Lawrence White, Ken Ferris Organizations: Rugby Union, Six Nations, Scotland, France, BT, Rights, Edinburgh, Rugby World, Scottish Rugby, Thomson Locations: Edinburgh, Britain, Scotland, Tonga, Nice, South Africa

☆ Instant View: US retail sales, produces prices rise; jobless claims lower than forecast
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +5 min

U.S. retail sales also climbed 0.6% last month, against estimates of a 0.2% rise, while initial jobless claims for the latest week fell to 220.000. "We've been waiting to see exactly which of these inflation data trends would kind of knock the market off its axis. "It's likely that while the Federal Reserve won't love the August inflation data, it also is soft enough that they likely won't react to it either. ROBERT PAVLIK, SENIOR PORTFOLIO MANAGER, DAKOTA WEALTH, CONNECTICUT"Most of the rise in prices is coming from energy. "I still believe we have seen the last of the rate hikes, but there is a possibility small that November still has the potential to bring another rate hike.

Persons: Robert Graham, King, King of Prussia, Mark Makela, SAMEER SAMANA, WELLS, We've, haven't, GREG BASSUK, PETER ANDERSEN, ANDERSEN, ROBERT PAVLIK, BRIAN JACOBSEN, MENOMONEE Organizations: REUTERS, Federal Reserve, Reuters, CHARLOTTE, Federal, Global Finance, Markets, Thomson Locations: Prussia, United States, King, King of Prussia , Pennsylvania, U.S, WELLS FARGO, NORTH CAROLINA, BOSTON, DAKOTA, CONNECTICUT, WISCONSIN

☆ Former Starbucks CEO Howard Schultz steps down from coffee chain's board
▼ + stars: | 2023-09-13 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Former Starbucks CEO Howard Schultz testifies before the Senate Health, Education, Labor, and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill on March 29, 2023 in Washington, DC. Former Starbucks CEO Howard Schultz is stepping down from the coffee chain's board, the company said Wednesday. Schultz previously stepped down from Starbucks' board in June 2018 to prepare for a potential presidential run, before deciding against a bid. Zhang also previously held roles at News Corp China, CNBC China, Bain and General Electric. She is the third woman on Starbucks' nine-person board, which includes chair Mellody Hobson and Land O'Lakes CEO Beth Ford.

Persons: Howard Schultz, Schultz, Laxman Narasimhan, Kevin Johnson, Wei Zhang, Zhang, Alibaba, Bain, Ralph Lauren's, Mellody Hobson, Beth Ford Organizations: Starbucks, Health, Education, Labor, Washington , DC, CNBC, Alibaba Pictures, News Corp China, General, Land Locations: Dirksen, Washington ,, China, U.S, CNBC China

☆ Analysis: Investors call 'peak pessimism' for beaten-up UK stocks
▼ + stars: | 2023-09-13 | by ( Naomi Rovnick | ) www.reuters.com time to read: +6 min

"It feels like we've passed the peak of pessimism about the UK," said Daniel Lockyer, senior fund manager at 7 billion-pound investment and advice group Hawksmoor Investment Management, which increased its exposure to UK companies in August. Consumer stocks are outperforming as investors bet on the UK cost of living crisis becoming less intense. Reuters Graphics Reuters GraphicsLeigh Himsworth, UK fund manager at Fidelity International, said he was "trying to pick off UK retailers we can buy", while it was also "time to pick up some of the (UK) real estate sector." But while noting good economic reasons to call an upturn for UK stocks, fund managers also stressed the need for further steps from policymakers to revive interest in British equities. Premier Miton is lobbying policymakers to introduce a new tax-efficient investment vehicle for UK stocks.

Persons: Toby Melville, we've, Daniel Lockyer, Morningstar, Martin Walker, Walker, Samuel Tombs, Reuters Graphics Reuters Graphics Leigh Himsworth, Spencer, Neil Birrell, Premier Miton, Miton, Savvas Savouri, Naomi Rovnick, Dhara Ranasinghe, Sharon Singleton Organizations: London Stock Exchange, REUTERS, Inflation, LONDON, Apple, FTSE, Investment Management, Global, Reuters, Bank of England, Reuters Graphics Reuters Graphics, Fidelity International, Premier, Fidelity, Thomson Locations: Canary Wharf, London, Britain, U.S, COVID, outflows

Our pick for best mattress, the Sapira Hybrid, is $300 cheaper in queen size. Deal Leesa Sapira Chill Hybrid (Queen) The Leesa Sapira Hybrid Mattress has great edge support and motion isolation. You'll find that most of the Chill mattresses are revamped versions of the original lines, including the Sapira and Studio. Leesa's Sapira Hybrid towers our list of the best hybrid mattresses, and it's our pick for best mattress overall. Shop more sleep deals at Leesa: Mattresses, bases and frames, and bedding

Persons: You'll, Leesa, that's, There's, you'll, haven't, James Brains

☆ CNBC Daily Open: Even high yields couldn’t stop tech
▼ + stars: | 2023-09-12 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 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. Meanwhile, the European Commission revised its growth forecast for the European Union down from 1% to 0.8%. Only European economy to contractGermany is likely the only major European economy to contract this year, according to fresh forecasts by the European Commission. The commission predicts Germany's economy to shrink 0.4% this year; the International Monetary Fund puts that figure at 0.3%.

Persons: JPMorgan Chase, Jamie Dimon, it'd, Dimon, Cristiano Amon, Hans, Werner Sinn, Tesla Morgan Stanley's, Adam Jonas, Tesla, Jonas Organizations: CNBC, Nasdaq, Commission, European Union, JPMorgan, Qualcomm Qualcomm, Apple, UBS, European Commission, International Monetary Fund Locations: European, U.S, Ukraine, Germany, Europe

☆ Wolfe Research think this pharma stock can bounce back and deliver long-term earnings growth
▼ + stars: | 2023-09-12 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

The firm upgraded the stock to outperform from "peer perform," noting it has an "attractive" risk-reward ratio. Analyst Justin Lake raised his price target to $80, implying 16.4% upside from Monday's close of $68.75, which was the firm's previous price target. The analyst said he sees potential for CVS to more conservatively set expectations for earnings growth in 2025 and beyond in the high single-digit range. The stock has gained 5.5% so far this month, however, and rose 4.4% during Monday's trading session. Combined, Lake said these efforts should effectively allow CVS to "reinvest for future growth."

Persons: Justin Lake, Lake, Brian Kane, — CNBC's Michael Bloom Organizations: CVS, Wolf Research, Blue, Aetna, CNBC Locations: California

☆ German economic weakness belies France's outperformance
▼ + stars: | 2023-09-12 | by ( Leigh Thomas | ) www.reuters.com time to read: +4 min

The European Commission said on Monday the two economies were on diverging paths this year with Germany forecast to be in a recession with a 0.4% contraction and France expected to grow 1.0%. With weak construction and declining construction investment weighing on Europe's biggest economy, Germany's outlook was slashed from a previous forecast for 0.2% growth while France was upgraded from 0.7%. The contrasting fortunes of the euro zone's two biggest economies can also be explained by tailwinds working against Germany and headwinds helping France. Germany's gas-hungry chemical industry has seen production fall 18% from 2019 levels while in France it is only 8%, Colombier said. That leaves few props to lend support to French growth going forward other than household savings.

Persons: Jean, Paul Pelissier, Germany's, Mathieu, tailwinds, headwinds, Charles, Henri Colombier, Colombier, Plane, Leigh Thomas, William Maclean Organizations: REUTERS, European, Germany, France's Finance, Thomson Locations: Marseille, Fos, Fos sur Mer, France, Germany, PARIS, Paris

☆ All Blacks want more ball-in-play at World Cup
▼ + stars: | 2023-09-12 | by ( Nick Mulvenney | Thomson Reuters | Leads Coverage Of Sport Across The Asia-Pacific. Still Reports On The Full Panoply Of Sport. Many Olympics World Cups World Championships Grand Slams Grands Prix | ) www.reuters.com time to read: +2 min

"Certainly, we want to get into a fast-paced game that suits us the style that we love to play. I think it was 44 minutes during one of the (Bledisloe Cup games against Australia), so it's big difference." "At the weekend the ball was like soap so there's probably more kicking involved in that strategy," he added. The veteran hooker, though, warned that the All Blacks might have to accept that they would not get more than 40 minutes of ball-in-play at this World Cup, nor be able to rely on their opposition fading through fatigue. "At the World Cup, people turn up on the day and that pressure and that intent can do funny things to you," he said.

Persons: Denis, Stephanie Lecocq, Jordie Barrett, Greg Feek, Feek, Dane Coles, Coles, Ethan de Groot, Nick Mulvenney, Toby Davis Organizations: Rugby Union, Rugby, New Zealand, Stade de France, Saint, Haka, Rights, Blacks, Namibia, Australia, World Rugby, France, Thomson Locations: France, New, Rights LYON, Toulouse, Paris

☆ What we learned from Week 1 of 2023 NFL season
▼ + stars: | 2023-09-12 | by ( Ben Morse | ) edition.cnn.com time to read: +7 min

CNN —Week 1 of the new NFL season is in books and there are no shortage of talking points. This year’s influx of rookies made their first steps in the NFL over the weekend with varying success. Most notably was the serious-looking injury suffered by Aaron Rodgers on his New York Jets debut on Monday Night Football. It is the second serious injury Dobbins has suffered in his short NFL career after he tore his ACL, ruling him out of the 2021 season entirely. Matt Durisko/APAlso, can Zach Wilson – who was relegated to the Jets’ bench after Rodgers’ arrival – maintain a playoff push?

Persons: –, Brock Purdy, Matt Freed, – Bryce Young, C.J ., Anthony Richardson –, Richardson, Bijan Robinson, he’s, Robinson, Danny Karnik, Derek Carr, Jimmy Garoppolo, Baker Mayfield, Jordan Love, Aaron Rodgers, Sam Howell, Quinn Harris, Rodgers, Robert Saleh, Achilles, MRI’s, it’s, ” Rodgers, Michael Owens, Dobbins, John Harbaugh, Joe Burrow, Justin Herbert, Brandon Aiyuk, Matt Durisko, Zach Wilson – Organizations: CNN, NFL, Super, San Francisco 49ers, Pittsburgh Steelers, C.J, Stroud, Atlanta Falcons, Young’s Carolina Panthers, Carolina Panthers, New, New Orleans Saints, Las Vegas Raiders, Tampa Bay Buccaneers, Green Bay Packers, Soldier Field, NFC North, Chicago Bears, Getty, New York Jets, Monday, Jets, Packers, Buffalo Bills, Bills, Baltimore Ravens, Houston Texans, Steelers, Dallas Cowboys, New York Giants, Detroit Lions, Kansas City Chiefs, Cleveland Browns, Cincinnati Bengals, Browns, Bengals, Los Angeles Chargers, Miami Dolphins, Chargers, Jacksonville Jaguars, Washington, Philadelphia Eagles, New England Patriots, Indianapolis Colts, Kansas City Chiefs Carolina Panthers, Atlanta Falcons Houston Texans, Baltimore Ravens Cincinnati Bengals, Cleveland Browns Jacksonville Jaguars, Indianapolis Colts Tampa Bay Buccaneers, Minnesota Vikings Tennessee Titans, New Orleans Saints San Francisco 49ers, Pittsburgh Steelers Arizona Cardinals, Washington Commanders Green Bay Packers, Chicago Bears Las Vegas Raiders, Denver Broncos Miami Dolphins, Los Angeles Chargers Philadelphia Eagles, New England Patriots Los Angeles Rams, Seattle Seahawks Dallas Cowboys, New York Giants Buffalo Bills Locations: C.J . Stroud, New Orleans, Florida, Washington, J.K, Sunday’s

☆ Day after shutout, Marlins get another tough draw vs. Brewers
▼ + stars: | 2023-09-12 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

September 12 - After being blanked in the series opener, the visiting Miami Marlins don't get an easier pitching matchup when they oppose the Milwaukee Brewers again on Tuesday. Milwaukee took the opener 12-0 on Monday night behind Brandon Woodruff's dominating six-hitter, the first shutout of his career. Taylor is hitting .300 (9-for-30) with two doubles, one homer, six RBIs and seven runs in eight games this month. Peralta is 2-1 with a 5.00 ERA in six career appearances, including three starts, against the Marlins. "At this point of the season, every loss or every win counts, and every loss hurts," Miami manager Skip Schumaker said.

Persons: Freddy Peralta, JT Chargois, Brandon Woodruff's, Willy Adames, Craig Counsell, Tyrone Taylor, Taylor, Jesus Luzardo, Josh Bell, Peralta, Chargois, Skip Schumaker, We've Organizations: Miami Marlins, Milwaukee Brewers, Milwaukee, Marlins, Brewers, National League Central, Chicago Cubs, Colorado Rockies, . Miami, Arizona Diamondbacks, Miami, Pittsburgh, Thomson Locations: Milwaukee, Miami

But, the announcements, which included a new iPhone 15 and an Apple Watch refresh, further strengthened the company's best-in-class ecosystem. New iPhone features Apple unveiled the iPhone 15 and iPhone 15 Plus, complete with USB-C charging instead of the propriety lightning port, starting at $799 and $899, respectively. The iPhone 15 Pro starting at $999 was unchanged from the previous model as well. The iPhone 15 Pro can capture special videos, providing for enhanced viewing on the upcoming Vision Pro mixed reality headset. The new Apple Watch models have more a powerful silicon chip as well, which allows for smoother graphics and more processing power.

Persons: Jim Cramer, Jim, Max —, Apple, Max, Tim Cook, Jim Cramer's, Apple Tim Cook, Kevin Dietsch Organizations: Apple, Vision, Apple Watch, CNBC, Allen & Company Sun Valley, Getty Locations: Cupertino , California, China, Tuesday's, Sun Valley , Idaho

☆ Bitcoin, helped by a possible short squeeze, rebounds from Monday's FTX-suspected slide
▼ + stars: | 2023-09-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

The price of bitcoin bounced Tuesday, reversing losses from the previous day that were driven by fears around FTX liquidations. On Monday, bitcoin dipped below the key $25,000 support level for the first time since March. The rebound could be fueled in part by investors who were betting against the crypto asset scrambling to cover short positions, in other words, by a short squeeze. Fairlead Strategies' Katie Stockton said weakened momentum in the intermediate term could make it difficult for bitcoin to see a durable recovery. This week, investors get the August consumer price index and producer price index readings on Wednesday and Thursday, respectively.

Persons: bitcoin, FTX, Bitcoin, There's, Katie Stockton Organizations: Metrics, Alameda Research, Solana, Polygon, Federal Reserve Locations: FTX

☆ Shares rise, dollar drops vs yen after BOJ hint of shift in policy
▼ + stars: | 2023-09-11 | by ( Amanda Cooper | ) www.reuters.com time to read: +4 min

The yen surged after BOJ Governor Kazuo Ueda said the central bank could end its policy of negative interest rates when the achievement of its 2% inflation target is in sight. Global shares, as reflected by the MSCI All-World index (.MIWD00000PUS), rose 0.1%, supported by a bounce in stocks in Europe, where the STOXX 600 (.STOXX) gained 0.3%. Last week, the STOXX posted its longest stretch of losses in 5-1/2 years. Economists polled by Reuters expect consumer prices to have risen by 3.6% from last year, up from July's 3.2% reading. The ECB meets on Thursday to set interest rates and markets have all but priced out any chance of a hike.

Persons: Kazuo Ueda, Fiona Cincotta, Marcella Chow, Scott Murdoch, Simon Cameron, Moore, Mark Heinrich, Chizu Organizations: Bank of Japan, Global, European Central Bank, Reuters, JPMorgan Asset Management, Brent, ECB, Thomson Locations: China, Europe, U.S, Asia, Sydney

☆ The crashing office market will deepen the economic 'doom loop' for America's cities, economist says
▼ + stars: | 2023-09-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Some of America's largest cities risk falling into an economic "doom loop." Midsized cities could see higher tax rates and plunging property values as office demand falls. That's thanks to work-for-home trends, which have battered the commercial real estate market in hubs like Atlanta, Chicago, and Denver. "The problem that smaller cities have is that, often, there's not a whole lot of other things that cities have to offer in their downtown areas besides the commercial office district. Experts have warned for months of trouble in the overarching commercial real estate sector, which has struggled to bounce back from the pandemic.

Persons: Stijn Van Nieuwerburgh, Nieuwerburgh, Nieuwerburg, there's Organizations: Service, Columbia School of Business, National Association of Realtors, CNBC Locations: America's, Columbia, Wall, Silicon, Atlanta , Chicago, Denver

☆ Morning Bid: China's weak property stocks set the pace
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +3 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 4, 2023. Property shares are taking a beating after weekend data showed new home sales in China's biggest cities slumped by half in the first week of this month. Reuters GraphicsMeanwhile, China's central bank yanked the yuan off a 16-year low by setting the strongest official midpoint fixing - as compared with market expectations - on record. BOE chief economist Huw Pill is on speaking duty today, setting the scene for British jobs data on Tuesday and GDP the day after. That makes U.S. CPI data due Wednesday the key data point to watch this week.

Persons: Kevin Buckland, HSI, Kazuo Ueda, it's, BOE, Huw Pill, Edmund Klamann Organizations: REUTERS, Staff, China . Property, Bank of Japan, Yomiuri, ECB, Bank of England, Fed, U.S, CPI, Reuters, Thomson Locations: Frankfurt, Germany, Europe, Asia, China, China's, Sweden, Italy

☆ The US has pumped so much groundwater that it's literally splitting the ground open across the American Southwest
▼ + stars: | 2023-09-11 | by ( Maiya Focht | Sebastian Cahill | ) www.businessinsider.com time to read: +6 min

The United States has been pumping so much groundwater it's splitting the ground open. Brian Conway/AZGSBut humans are pumping groundwater faster than Earth can naturally replenish it. A giant fissure in the Mojave Desert in California from groundwater pumping near Lucerne Lake. And four out of every 10 sites hit "all-time lows" in the past decade as American groundwater pumping outpaces water replenishment, per the Times. As a result, the severity of excessive groundwater pumping nationwide is not as easy to recognize and may help explain why regulation on pumping is so limited.

Persons: Brian Conway, Joseph Cook, Cook, Brian Gootee, Joesph Cook, it's, Warigia Bowman, RJ Sangosti Organizations: Service, Arizona Geological Survey, New York Times, Times, University of Tulsa, Queens, MediaNews, Denver, Getty, National Audubon Society Locations: States, Wall, Silicon, Arizona , Utah, California, Arizona, Lucerne Lake, Sulphur Hills, AZGS Arizona, Basin , Arizona, Colorado, Eads , Colorado, Picacho Basin

13 Oregon rallied for a 38-30 victory over Texas Tech on Saturday night. Gino Garcia was 2 of 6 for the season when he made a 45-yard field goal to give Texas Tech a 30-28 lead with 5:13 remaining. Texas Tech: The Red Raiders figured to be able to put the disappointing of the loss to Wyoming behind them with a high-profile home opener, and they did. While the 0-2 start stings, Texas Tech was in position for an important bounce-back win. Texas Tech: The first-ever meeting with Tarleton State is next Saturday.

Persons: — Bo Nix, Jeffrey Bassa, Tyler Shough, Nix, Cameron Lewis, Shough, Brandon Dorlus, Bryan Addison, Gino Garcia, Lewis, Malik Dunlap, Troy Franklin, Franklin Organizations: Oregon, Texas Tech, Red Raiders, Ducks, Raiders, Wyoming, . Texas Tech, Tarleton State, AP Locations: LUBBOCK , Texas, Bassa, Shough, Oregon, Wyoming, Texas, Hawaii, Tarleton

☆ All Blacks left to plot course through uncharted waters
▼ + stars: | 2023-09-09 | by ( Nick Mulvenney | Thomson Reuters | Leads Coverage Of Sport Across The Asia-Pacific. Still Reports On The Full Panoply Of Sport. Many Olympics World Cups World Championships Grand Slams Grands Prix | ) www.reuters.com time to read: +2 min

So there's some really good things to take out of the week, (but) the biggest thing would be we gave away a few too many penalties. "Everyone's got to understand what we're trying to do and understand how the referees are refereeing. "What we've got to take from this game is the learnings but also keep believing because we did a lot of good things out here tonight." We're still All Blacks, we're still proud of who we are and what we are," he said. And we showed how dangerous we are on the break so that's what we'll be going for next week."

Persons: Sam Whitelock, Aaron Smith, Beauden Barrett, Whitelock, Everyone's, Fullback Barrett, Smith, France's Thomas Ramos, We've, we're, Ramos, Jasper Shine, Mike Harrison Organizations: New Zealand, Blacks, Thomson Locations: Zealand, France

☆ Here are 3 things for stock investors to watch in the market in the week ahead
▼ + stars: | 2023-09-09 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

It was a down week for the major stock market benchmarks as rumors of an iPhone ban for government employees in China sparked concerns over increasing tensions between Washington and Beijing. Here's a full rundown of all the important domestic earnings reports and economic data in the week ahead. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer, Apple —, Jim, we'll, Einstein, Stellantis, We'll, That's, Oracle's, LEN, Jim Cramer's Organizations: Apple, Dow, Nasdaq, Broadcom, DuPont, Huawei, Nvidia, Apple Watch, Vision, Club, Google, Justice Department, United Auto Workers, General Motors, Chrysler, Ford, UAW, CPI, PPI, Oracle, Oracle Cloud Infrastructure, Microsoft, Costco, Caseys, Jim Cramer's Charitable, CNBC, Apple Inc, Getty Locations: China, Washington, Beijing, U.S, People's Republic of China, San Francisco, Shanghai

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