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☆ The stock market is stuck in a typical but anxious seasonal pullback
▼ + stars: | 2023-09-09 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

.SPX YTD mountain S & P 500 YTD My last column before a late-summer hiatus, published July 15 with the S & P about 1% higher than Friday's close, began: "Enough for now? There's been no net progress since then after a modest push higher, 5% pullback and partial bounce. There's no doubt the market is sensitive to these yield moves, unsure how the economy and market might handle them. There's an insistence among plenty of cautious market participants that stocks are only as high as they are because eventual Fed rate cuts are anticipated. Not to be too literal, but this at least would suggest some more seasonal choppiness before a potential break higher.

Persons: There's, Oleg Melentyev, –, Goldman Sachs, Tony Pasquariello, China's Organizations: Federal Reserve, U.S ., Federal, Treasury, Labor, Bank of, UAW, Atlanta Fed, Investment Locations: Europe, China, U.S

☆ 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

In top consumer China, premiums climbed to as high as $55 an ounce over global spot prices this week, traders said, from $20-$38 last week. The policy-measures to support the economy are expected boost physical gold demand, said Peter Fung, head of dealing at Wing Fung Precious Metals. Official data on Thursday also showed that the People's Bank of China increased its gold holdings to 69.62 million fine troy ounces at end-August. Local gold prices were trading around 59,200 rupees per 10 grams on Friday, up nearly 2% in three weeks. In Japan, where domestic gold rates were trading at record levels this week, dealers charged $0.5 premiums.

Persons: Peter Fung, Bernard Sin, Harshad Ajmera, JJ, Anushree Mukherjee, Swati Verma, Rajendra Jadhav, Maju Samuel Organizations: Chinatown, Metals, People's Bank of China, U.S ., MKS, JJ Gold, Traders, Rajendra, Thomson Locations: China, Japan, India, Greater China, Kolkata, Local, Hong Kong, Singapore, Tokyo, Bengaluru, Mumbai

☆ Gilead Sciences could jump nearly 30% as biopharma bounces back, says Bank of America
▼ + stars: | 2023-09-08 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

The biopharmaceutical sector is poised to bounce back this year, and Gilead Sciences could be a key beneficiary, according to Bank of America. Analyst Geoff Meacham upgraded Gilead to buy from neutral. He increased his target price for the stock by $7 to $95, which suggests shares stand to gain 28.5% from where they closed Thursday. Shares of California-based Gilead have dropped 13.9% so far this year. "With the potential for broader interest in the sector, we are more optimistic on performance into 2H23," Meacham said.

Persons: Geoff Meacham, Meacham, biopharma, — Michael Bloom Organizations: Gilead Sciences, Bank of America, PrEP, Kite Pharma Locations: Gilead, California, HCV

☆ Sizzling France down New Zealand in thrilling World Cup opener
▼ + stars: | 2023-09-08 | by ( Julien Pretot | ) www.reuters.com time to read: +5 min

The All Blacks, beaten for the first time in 32 World Cup pool games, had two Mark Telea tries and a sole penalty by Richie Mo'unga to show for themselves. "We felt there was a lot of pressure in the first half, it took, us time to relax and they scored quickly and easily. Sixteen years after losing their opening World Cup game as hosts against Argentina, France rose to the occasion, beating the All Blacks for the second time in a row. New Zealand were on the brink of the line again and surprisingly opted for the kick when France were penalised. France started the second half with a more playful mindset but were punished right away for their defensive nonchalance.

Persons: Ramos, Les Bleus, Damian Penaud, Melvyn Jaminet, Thomas Ramos, Mark Telea, Richie Mo'unga, Romain Ntamack, Paul Willemse, Jonathan Danty, Julien Marchand, It's, Fabien Galthie, Ian Foster's, Foster, Emmanuel Macron, Sam Cane, Tupou Vaa'i, Dalton Papali'i, Cane, Beauden Barrett, Marchand, Mo'unga, Ioane, Matthieu Jalibert, Ardie, Willie Jordan, Jaminet, Julien Pretot, Nick Mulvenney, Toby Davis, Ken Ferris Organizations: Blacks, Rugby, New Zealand, Stade de France, New, Argentina, South, France, All Blacks, Thomson Locations: France, Uruguay, Lille, New Zealand, Namibia, Toulouse, South Africa, New

☆ Opinion | Vivek Ramaswamy Is a LinkedIn Post Come to Life
▼ + stars: | 2023-09-08 | by ( Farhad Manjoo | ) www.nytimes.com time to read: +3 min

Last year, for a column I was writing about the power that large asset managers like BlackRock and Vanguard exert over the global economy, I called up Vivek Ramaswamy. Today, I mostly don’t even use that word anymore; it’s not part of my vernacular today. I just wanted you to know that, since I saw you mused about the etymology of the title in your piece. It certainly wasn’t cooked up in a Fox News lab, and in all honesty the goal wasn’t to trigger anyone. but that he represents a distinct, very familiar flavor of irritation: He’s the epitome of millennial hustle culture, less a Tracy Flick know-it-all than a viral LinkedIn post come to life.

Persons: Vivek Ramaswamy, Ramaswamy, I’m, ”, “, it’s, aren’t, Tracy Flick Organizations: BlackRock, Vanguard, Inc, Fox News, Republican, LinkedIn Locations: Silicon

☆ 56% of Americans say they're not on track to comfortably retire—how to catch up
▼ + stars: | 2023-09-08 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

Regardless of how they define it, 56% of Americans agree they're not on track to retire comfortably, according to the latest CNBC Your Money survey conducted by SurveyMonkey. Here's how to tell if you're on track to meet your retirement goals and a few tips to catch up if you're behind. To see if you're on track for retirement, you first need an idea of when you want to stop working. On average, Americans say they'd need around $1.3 million to retire comfortably, a recent Northwestern Mutual study found. While only 11% report maxing out their 401(k) contributions, 46% of people say they're contributing as much as they can afford, CNBC's Your Money survey found.

Persons: they're, it's, Annette VanderLinde, Roth Organizations: CNBC, SurveyMonkey, Northwestern Mutual, Liberty Wealth Advisors, Prime Capital Investment Advisors Company, Roth IRA Locations: downturns

☆ Spain men's coach dodges questions about women's team scandal
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

TBILISI, Sept 7 (Reuters) - Spain men's coach Luis de la Fuente tried to avoid questions on Thursday about the scandal sparked by football federation boss Luis Rubiales' unsolicited kiss of player Jenni Hermoso after her team's victory in the Women's World Cup. We need to win tomorrow with our eyes on qualifying for the European Championship and we are only focused on that," De La Fuente told a press conference. Spain midfielder Rodri said the players had a meeting with De La Fuente to address the issue. "The first thing we did was get together to talk about the situation and the responsibility of expressing ourselves as a Spain men's team," Rodri said. It is an unpleasant situation that we all find ourselves in, including the coach.

Persons: Luis de la Fuente, Luis Rubiales, Jenni Hermoso, De La Fuente, Rubiales, De la Fuente, women's, Jorge Vilda, Rodri, Hermoso, Fernando Kallas, Ed Osmond Organizations: Georgia, Scotland, European, FIFA, Thomson Locations: TBILISI, Spain, Tbilisi, Sydney, Spanish, Madrid

That has put pressure on risky EM currencies, echoing the dynamics observed last year when the Fed began raising rates. In the Sept. 1-6 poll, almost all beaten-down emerging market currencies were forecast to move little, or trade modestly higher against the dollar in a year, with some making small gains in three months. The underperformance of China has probably been the biggest story holding back EM currencies." Earlier this year, many analysts expected China's reopening to boost the yuan and other EM currencies, especially those exporting commodities to the world's second-largest economy, but this scenario did not unfold as anticipated. Through the end of this year, we believe most EM Asia currencies can weaken," said Nick Bennenbroek, international economist at Wells Fargo.

Persons: Chris Turner, Nick Bennenbroek, Hugo Pienaar, Devayani Sathyan, Veronica Khongwir, Jonathan Cable, Sharon Singleton Organizations: Treasury, greenback, Fed, ING, Reserve Bank of India, Korean, Bureau for Economic Research, Thomson Locations: BENGALURU, JOHANNESBURG, China, Asia, Wells Fargo, Russian, South Africa, Bengaluru

OpenAI and ChatGPT logos are seen in this illustration taken, February 3, 2023. Worldwide desktop and mobile website visits to the ChatGPT website decreased by 3.2% to 1.43 billion in August, following approximately 10% drops from each of the previous two months. U.S. ChatGPT traffic in August rose slightly, in concert with American schools being back in session. OpenAI also released the ChatGPT app on the iOS system in May, which could sap some traffic from its website. Besides ChatGPT, OpenAI makes money by selling access to its AI models for developers and enterprises directly and through a partnership with Microsoft, which invested over $10 billion into the company.

Persons: Dado Ruvic, ChatGPT, chatbot, David F, Carr, Similarweb, Bard chatbot, Bing, OpenAI, Anna Tong, Kenneth Li Organizations: REUTERS, Microsoft, Thomson Locations: San Francisco

Everything will change in 2026, when USF opens a $340 million, 35,000-seat stadium of its own on the eastern edge of the Tampa campus, university officials say. The University of Florida, Florida State University and the University of Miami, which is private, have all won multiple national championships. And UCF has an on-campus stadium known as the “Bounce House.” USF officials say it's a worthwhile investment for them as well. School officials estimate about $20.5 million in revenue will be generated the first year the on-campus stadium is in operation. “This is where the first drops of blood, sweat and tears for USF football were played.

Persons: Raymond James, They've, Michael Kelly, “ It's, “, ”, Jenifer Jasinski Schneider, Ben Braver, he's, ” Braver, They're, We've, Richard Sobieray, Alex Golesh, Golesh, Donovan Jennings, ” Jennings, ” Kelly, Raymond James Stadium, James, Kelly Organizations: University of South Florida, Bulls, Tampa, USF, Raymond, Tampa Bay Buccaneers, ” Athletic, Trust Fund, of American Universities, Faculty Senate, University of Florida, Florida State University, University of Miami, University of Central, American Athletic Conference, Western, Alabama, School, UCF, ” USF, University of Tennessee, Buccaneers Locations: TAMPA, Fla, Tampa, school’s, Florida, University of Central Florida, Orlando, Western Kentucky, USF's, Sycamore

☆ Here are the most overbought and oversold major global stocks, including tech and banking names
▼ + stars: | 2023-09-06 | by ( Weizhen Tan | ) www.cnbc.com time to read: +1 min

Global stocks, too, were bumpy last month: The MSCI World index fell in the middle of the month before paring some losses toward the end. The relative strength index (RSI), which measures the magnitude and speed of price moves, can be used by investors to determine if shares are overbought or oversold. CNBC Pro screened the MSCI World index for major global stocks that are among the most overbought and oversold, based on their 14-day RSI. Oversold names These names are among the most oversold global stocks, spanning health care, autos and banking. Overbought names These names are among the most oversold global stocks, including some in the tech sector.

Persons: It's, Johnson, Japan's, BYD Organizations: CNBC Pro, Global, Volkswagen, BMW, CVS Health, Johnson, UnitedHealth Group, IBM, Dell, Cisco, Horizon Therapeutics Locations: U.S

With the win, Germany is assured of no worse than its second-best finish in basketball’s top two international events — the World Cup and the Olympics. The Germans were third in the 2002 world championships, an event now called the World Cup, and have never placed better than seventh at an Olympics. Latvia — which has been without the injured Kristaps Porzingis — can still finish as high as fifth in its first World Cup appearance. Germany's in the semifinal of the World Cup,” Germany's Moritz Wagner said. I'm going to enjoy this and then I'm going to think about the USA tomorrow.”___AP NBA: https://apnews.com/hub/nba and AP sports: https://apnews.com/sports

Persons: Franz Wagner, ” Germany's Johannes Thiemann, Andreas Obst, Dennis Schroder, Arturs Zagars, Davis Bertans, ”, Bertans, —, Kristaps Porzingis, “, Gordie Herbert, They’ll, ” Germany's Moritz Wagner, ___ Organizations: —, Basketball, Germany —, Olympics, ”, Tuesday, Manila American Cemetery, Latvia, USA, NBA, AP Locations: MANILA, Philippines, — Germany, United States, Germany, Latvia, U.S, Abu Dhabi, basketball’s, Olympics, Italy, Europe, ” Germany, Manila, Germany's

☆ CNBC Daily Open: Rising oil prices inflame inflation fears
▼ + stars: | 2023-09-06 | 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. Mixed markets in AsiaU.S. stocks fell Tuesday, weighed down by higher oil prices and rising Treasury yields. [PRO] Oversold and overbought stocksThe relative strength index measures the speed and magnitude of stock price moves. It can signal if a stock is oversold, which means it's poised for a bounce, or overbought, suggesting that it's expensive.

Persons: Australia's, Jan Organizations: CNBC, Nikkei, Garden, New York Stock Exchange, Tech, Nvidia, Intel, Samsung, TRM, CNBC Pro Locations: Asia U.S, Asia, Pacific, North Korea

NEW YORK (AP) — Alexander Zverev felt he had to react when he heard a fan use language from Adolf Hitler's Nazi regime during his U.S. Open match. That made the ejection of the Zverev fan — who was not arrested — an easy decision. Less clear is a situation like the Djokovic fan, whose behavior is normal at a basketball or football game, where spectators don't hold their applause until play has stopped. “Again, if the rule one day is going to change, I’m not going to argue against this anymore, because that’s the rule,” Medvedev said. It’s the rule.”Tiafoe advocates tennis encouraging fans to cheer and move around freely, like team sports.

Persons: — Alexander Zverev, Adolf Hitler's Nazi, Zverev, “, ” Zverev, Novak Djokovic's, Taylor Fritz, Djokovic, ” Djokovic, You’ve, ”, Arthur Ashe, Victoria Azarenka, ” Frances Tiafoe, It's, Daniil Medvedev, Laura Siegemund, Coco Gauff, Medvedev, I’m, ” Medvedev, Azarenka Organizations: U.S, U.S ., Labor, Azarenka Locations: Miami, South, ”

☆ Disney's wildest ride: Iger, Chapek and the making of an epic succession mess
▼ + stars: | 2023-09-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +88 min

Iger told Chapek that he lived for those "two-shower days," according to people familiar with the conversation. In January 2020, Iger told Chapek the plan was back on. During his 27 years at the company, Chapek had only attended one annual meeting — as a guest in the audience. Bob Iger, Disney CEO, during a CNBC interview, Feb. 9, 2023. WATCH: Disney CEO Bob Iger's exclusive July 2023 CNBC interviewTake the 'A'During Chapek's tenure as CEO, Disney lost more than a quarter of its market value.

Persons: Elham, Bob Iger, Bob Chapek, Iger, wasn't, Chapek, Michael Eisner, —, who's, he's, Clint Eastwood, Eastwood, Arthur Bochner, Jackie Hart, Kareem Daniel, Chapek —, Eisner, Michael Ovitz, Ovitz, Bob, Disney's, Kevin Mayer, Mayer, Bryan van der Beek, he'd, Tom Staggs, Staggs, Staggs —, Steve Jobs, cajoled Ike Perlmutter, George Lucas, Rupert Murdoch, Iger's, Susan Arnold, Arnold, Peter Rice, David Paul Morris, Rice, CNBC's Julia Boorstin, Mark Parker, Mary Barra, Michael Froman, Willow, Parker, John Donahoe, Roy Disney, Walt Disney, Stanley Gold, David A, CNBC Eisner, Big Bob, Little Bob, Christine McCarthy, Patrick T, He'd, McCarthy, Iger —, Coronavirus, Gavin Newsom, Michael Kovac, curtly, Nancy Pelosi, Chuck Schumer, Ben Smith, Smith, Disney, Randy Shropshire, Agnes Chu, Ricky Strauss, Chu, Strauss, Kevin Feige, Kathleen Kennedy, Who's, Alan Bergman, Bergman, Bob Kyncl, Daniel —, Iger didn't, Daniel rankled, Daniel, Chapek didn't, James Pitaro, Jesse Grant, CNBC Chapek, Jimmy Pitaro, Zenia Mucha, didn't, Mucha, Barbara Walters, Charles Eshelman, Scarlett Johansson, Scarlett Johansson —, Florence Pugh, Natasha, Yelena, " Johansson, Bryan Lourd, Johansson, Lourd, Steven Spielberg, Al Michaels, David Muir, Robin Roberts, Michael Strahan, Spielberg, Geoff Morrell, Alan Braverman, Alan Horn, Jayne Parker, Bochner, Claire Lee, Paul Richardson, Josh D'Amaro, Ron DeSantis, Morrell, Disney Animation —, George Floyd, Reba Saldanha, Reuters Chapek, DeSantis, Nicholas Maldonado, Octavio Jones, Chapek she'd, we're, " Morrell, CNN's Chris Wallace, Kristina Schake, John Skipper, Daniel steamrolled, Latondra Newton, Newton, Charles Krupa, Pitaro, NBCUniversal's Peacock, Dana Walden, Thomas Murphy, Josh Kushner, Privately, Schake, Barack Obama, Michelle Obama, Michelle Obama's, David Dee Delgado, Kara Swisher, hadn't, Netflix's, overhiring, McCarthy hadn't, Safra Catz, Kareem, DMED, Horacio Gutierrez, Justin Warbrooke, Alexia Quadrani, Bryan Castellani, Michael Buckner, Quadrani, Lindsay Lohan, Winnie, Nelson Peltz, Catz, Donald Trump's, they'd, Walden, Gutierrez, D'Amaro, Rich Polk, Walden he'd, Iger she'd, Mickey Mouse, Mark Rightmire, haven't, Indiana Jones, Halle Bailey, Ariel, Hamilton Faber, Rich Greenfield, Bob Iger's, — Mayer, McCarthy —, doesn't, they'll Organizations: Disney, Marvel, CNBC, Bloomberg, Getty, Walt Disney, Indiana University, Michigan State University, Shanghai Disney, Man, Hong Kong Disneyland, Walt Disney Parks, Resorts, Pixar, Fox, Chapek, Nike, General, Mastercard, Foreign Relations, University of Pennsylvania, Grogan, Disney's, Fallon, ABC, ESPN, ABC News, California Gov, New York Times, Disney confidants, Hollywood, Marvel Studios, Lucasfilm, Walt Disney Television, Walt Disney Studios, Hulu, HBO Max, Walt Disney Company, YouTube, Companies, Netflix, Apple, Disney Media, Entertainment, Stanford, Rights, Junior, petulant, Filmmagic, Brunswick Group, Covid, CAA, onetime Defense Department, Century Fox, Human, Florida Gov, Republican, Disney Animation, Reuters, Human Rights, HRC, Walt Disney World, Employees, American Foundation for Equal Rights, AP, Amazon Prime, Paramount, South Pacific, Capital Cities, Dow Jones, CVS, Kingdom, Variety, Trian Partners, Charter Communications, U.S, Comcast, Charter's, MediaNews, Orange, Allen, Co, Candle Media, Advisors Locations: Burbank , California, Midwestern, Brentwood, Los Angeles, Westlake Village, Iger, Hammond , Indiana, Shanghai, China, Hong, Fox, Willow Bay, Raleigh , North Carolina, Orlando, U.S, Hulu, Iger's Brentwood, coronavirus, Brunswick, Hollywood, Hawaii, Disney's, Marvel's, Anaheim , California, Montana, Florida, Rye , New Hampshire, Chapek, Hong Kong, California, missteps, South, DMED, Burbank, New York, India, Atlantic, Sun Valley , Idaho, America

☆ Here's our second-quarter earnings report card for 34 stocks in the portfolio
▼ + stars: | 2023-09-06 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

Eli Lilly not only reported a stellar second quarter, management was able to raise its full-year sales and adjusted earnings outlook as well. Though revenues were a tad short, earnings results were better than expected on a both a HAAP and adjusted basis. Constellation Brands' (STZ) sales and earnings results outpaced expectations. DuPont (DD) reported a good quarter prior to us initiating a position in the name. But the slight comparable-sales miss in North America prompted questions about the company's ability to hit its long-term targets of 10% to 12% revenue growth and 15% to 20% earnings growth.

Persons: That's, Eli Lilly, Mounjaro, Morgan Stanley, Stanley Black, Decker, it's, Wells Fargo, Sartorius, Estee Lauder, We're, Jim Cramer's, Jim Cramer, Jim, Hsun Huang, Patrick T Organizations: Procter, Gamble, TJX, Federal Reserve, Club, Costco, Emerson Electric, Humana, Oracle, Alto Networks, billings, Companies, Wynn Resorts, WYNN, North, Broadcom, Constellation Brands, DuPont, Ford, GE Healthcare Technologies, Linde, LIN, Microsoft, Natural Resources, Procter & Gamble, —, Health, Coterra Energy, Disney, Starbucks, Jim Cramer's Charitable, CNBC, Nvidia Corp, Mobile, Fallon, Bloomberg, Getty Locations: China, Macau, North American, DuPont's, India, North America, Los Angeles , California

"Whether this bounce will continue remains to be seen, but it has given China equities a shot in the arm." S&P 500 futures and Nasdaq futures both edged up 0.1%, while stocks in Europe opened on a strong footing. "The soft landing crowd will be pleased that the labour market is softening without much stress at the moment," Deutsche Bank strategist Jim Reid. Any path to a hard landing, outside of a shock, has to go via signs of a soft landing first," he said. Brent crude futures were steady on the day at $88.50 a barrel, while U.S. futures were also flat at $85.55.

Persons: Jim Reid, Christine Lagarde, Wayne Cole, Shri Navaratnam, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: Federal Reserve, Country Garden, RBC Capital Markets, Holdings, Nasdaq, drugmaker Novo Nordisk, August's U.S, Deutsche Bank, European Central Bank, Brent, Thomson Locations: U.S, China, SYDNEY, United States, Beijing, Shanghai, Asia, Pacific, Japan, Europe, drugmaker Novo, Canada, Australia, Saudi Arabia

☆ Asia shares extend rally as China mood turns less bleak
▼ + stars: | 2023-09-04 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

An electronic board shows Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China October 25, 2022. There was relief that embattled property developer Country Garden won approval from its creditors to extend payments for an onshore private bond. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) added 1.0%, having climbed 2.3% last week. EUROSTOXX 50 futures added 0.3% and FTSE futures rose 0.4%. Central banks in Canada and Australia hold their own meetings this week and both are expected to hold rates steady.

Persons: Aly, Stocks, Goldman Sachs, Treasuries, Christine Lagarde, Brent firmed, Wayne Cole, Shri Navaratnam Organizations: REUTERS, Federal, Country Garden, Japan's Nikkei, Nasdaq, Holdings, Federal Reserve, European Central Bank, Thomson Locations: Shanghai, Shenzhen, China, U.S, SYDNEY, Beijing, United States, Asia, Pacific, Japan, Canada, Australia, Saudi Arabia

Raphael Bostic, president of the Federal Reserve Bank of Atlanta and a member of the Fed’s interest rate policy committee, doesn't think another hike is needed. Our rate today is higher than the rate of inflation. I’m going to remain diligent and pay attention and make sure that inflation continues on the trajectory that it’s been on. A. We’re going to have to keep our rate higher for longer than historically happens, because we need to make sure that inflation stays at 2%. We’re just going to have to stay restrictive for quite a while, until we are sure, sure, sure, sure, sure, sure that inflation is not going to bounce up far away from our target.

Persons: Raphael Bostic, doesn't, Bostic, we’re, I’ve, I’m, we’ve, We’re Organizations: WASHINGTON, Federal, Federal Reserve Bank of Atlanta, Associated Press, Fed

☆ Delta is the No. 1 domestic airline for on-time arrivals, service, comfort and more
▼ + stars: | 2023-09-04 | by ( Celia Fernandez | ) www.cnbc.com time to read: 1 min

Bounce , a luggage storage company, compared U.S. airlines to determine which is the best domestic airline. The factors Bounce considered for their ranking include:Index score: 6.05Delta Air Lines ranked as the highest-rated domestic airline in the U.S. According to Bounce's 2023 Airline Index, Delta recorded the highest percentage of on-time arrivals at 81.82% and one of the lowest cancellation rates at 1.96%. The airline also recorded the highest scores for its in-flight experience and earned a 3 out of 5 for its in-flight entertainment, meals, seat comfort, and staff service. Delta Air Lines is headquartered in Atlanta, Georgia and operates over 4,000 daily flights to more than 280 destinations on six continents.

Organizations: Delta Air Lines, Delta Locations: U.S, Atlanta , Georgia

Learn moreWe can help you find everything you need to watch a free F1 live stream of the Italian Monza GP today. So take a look at the guide below for everything you need to watch the Italian F1 live stream for free from anywhere. Where to Watch a free Italian Monza F1 live streamThis weekend's simplest option for a free F1 live stream is using a VPN to tune into one of the free European streams mentioned above. How to watch the Italian Monza F1 live stream with a VPNSign up for a VPN if you don't have one. Turn it on and set it to a country with a free live stream.

Persons: Ferrari, Carlo Sainz, Leclerc, There's, We've, ExpressVPN Organizations: Italian Monza, BBC, Monza, RTL, US ESPN, ESPN Locations: Italian, Austria, Belgium, Luxembourg, TV's

☆ Seen from Close-up: How the U.S. Open Dials in its Court Speed
▼ + stars: | 2023-09-02 | by ( Helmuth Rosales | Geoff Macdonald | ) www.nytimes.com time to read: +7 min

Seen from Close-up: How the U.S. Open Dials in its Court SpeedFrom the seats in Arthur Ashe Stadium, the tennis court below appears smooth and uniform. The size, shape and density of the sand make up the hardcourt surface and dictate the speed of the ball after it bounces. Of course, players are not always universally happy with the court surface choices made for the tournaments on the pro tours. The court surface used at Flushing Meadows is called Laykold, which is made by Advanced Polymer Technology, an international manufacturer of sports surfaces. The bounce of a tennis ball generally lasts five milliseconds, an instant that will determine how the ball behaves.

Persons: Arthur Ashe, ”, Ben Depoorter, “, Suresh Ponnusamy, Helmuth Rosales, Daniil Medvedev, ” Medvedev, Medvedev, Indian Wells, Carlos Alcaraz, Swiatek –, Rafael Nadal, hardcourts, Wesley Baum, Taylor Fritz, Coco Gauff, Elena Rybakina, Roger Federer, — Swiatek, Aryna, Alcaraz, Novak Djokovic — Organizations: U.S, U.S ., United States Tennis Association, BNP, Tennis Federation, Polymer Technology, Helmuth Rosales Professional, Wimbledon, Miami, Indian, Advanced Polymer Technology, Flushing Locations: Ashe, Indian Wells, Calif, Indian, Miami, Flushing Meadows

☆ ‘Friends’ director says they almost recast a key character
▼ + stars: | 2023-09-01 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —“Friends” director James Burrows writes in his new memoir that producers nearly recast Ross’ wife Emily, played by Helen Baxendale. In his new memoir “Directed By James Burrows,” he writes that Baxendale’s chemistry with Schwimmer didn’t always generate big laughs. Oliver Upton/NBCU Photo Bank/Getty Images“Often, you can’t recast, because of tight shooting deadlines or other logistical considerations,” Burrows wrote. Her character Emily was introduced in Season 4 and appeared in 14 episodes in all. Emily and Ross married in Season 5, but Ross said Rachel’s name during the vows by accident.

Persons: CNN —, James Burrows, Ross, Emily, Helen Baxendale, ”, Schwimmer, “ Schwimmer, Rachel, ” Rachel, Jennifer Aniston, Matthew Perry, Chandler Bing, Rachel Green, David Schwimmer, Ross Geller, Emily Waltham, Courteney Cox, Monica Geller, Matt LeBlanc, Joey Tribbiani, Oliver Upton, ” Burrows, it’s, ” Baxendale, Baxendale Organizations: CNN, Bank, Getty

And, in the meantime, our China-focused names are poised to ride out the storm, while finding alternate routes to growth. Beyond the housing-sector woes, manufacturing activity is shrinking, a youth unemployment crisis is a ballooning, and consumer spending remains sluggish. With these macroeconomic headwinds holding back growth for some of the Club's key holdings, here's why we're sticking with these China-exposed names — and how each is responding. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Lauder, Estee Lauder, we're, Tim Cook, That's, Bernstein, WYNN, Wynn, Stifel, Jim Cramer's, Jim, Yan Daming Organizations: Wall, Research, CNBC, Big Tech, Starbucks, Wynn Resorts, WYNN, Wynn, Visual China, Getty Locations: China, Beijing, Asia, Pacific, Hainan, India, Taiwan, Hong Kong, Americas, Europe, U.S, Macao, Wynn, Nanjing, Shanghai

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