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☆ This year's best-performing IPO is a company that makes golf putters after shares soar more than 600%
▼ + stars: | 2023-08-16 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +2 min

This year's best-performing IPO is a company that makes golf putters. Shares in Sacks Parente Golf soared more than 600% on their Tuesday debut. Shares in Sacks Parente Golf soared more than 600% on their Tuesday debut, before paring gains after-hours. The 624% bounce cemented Sacks Parente as the best-performing market debut of 2023 and gave some hope for the subdued IPO market. Fears of a recession have waned, and the Fed's rate rises appear to be working with consumer price inflation easing to about 3%.

Persons: Sacks, putters, Sacks Parente, There's, Dow Jones Organizations: Service, Nasdaq, CNBC Locations: Wall, Silicon, California

☆ Target slashes full-year earnings forecast as retailer struggles to win over thrifty shoppers
▼ + stars: | 2023-08-16 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

In this article TGT Follow your favorite stocks CREATE FREE ACCOUNTwatch nowTarget on Wednesday missed quarterly sales expectations and slashed its full-year forecast, as it again had trouble convincing shoppers to buy more than necessities. Target's struggling shares rose 3% Wednesday despite the soft forecast, as its fiscal second-quarter earnings topped expectations and inventory levels improved. CEO Brian Cornell said Target's sales and store traffic improved in July. Comparable sales, a key metric that tracks sales online and at stores open at least 13 months, declined 5.4%. Digital comparable sales dropped 10.5% Sales softened in the second half of May and into June before recovering in July, Cornell said.

Persons: Target's, Brian Cornell, Cornell, Michael Fiddelke, Clawing Organizations: Investors, Amazon

☆ 'China has disappointed': These are the top markets and stocks to invest in, according to the pros
▼ + stars: | 2023-08-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

In contrast, nearly $1 billion went into emerging market ex-China mutual funds, according to Refinitiv data that Reuters cited. Here are some alternatives to China and the stocks to invest in, according to the pros. Japan Japan stocks have been an investor favorite this year, seeing the highest inflows in 20 years, according to Eastspring Investments. Demand for Japan funds has surged among European investors, according to data from research firm Cerulli. The bank screened for Japan stocks with the following attributes: resilient earnings, price-to-book (P/B) ratio below 1.5, and potential P/B upside relative to return on equity.

Persons: Morningstar, “, ”, Derrick Irwin, there's, Oliver Lee, BofA, Joanne Peng, Allspring's Irwin, Irwin, Fomento, He's, Morgan Stanley, Will, ” Irwin, Cerulli’s Peng Organizations: Morningstar, CNBC Pro, Reuters, Allspring Global Investments, CNBC, “, Eastspring Investments, Ivailo, Mitsui & Co, Honda Motor, Nomura, Kansai Electric Power, Mitsubishi Motors, Panasonic, Mexicano, HDFC Bank, HDFC Locations: European, China, India, Beijing, Japan Japan, Japan, Europe, Vietnam, Asia, Indonesia, Malaysia, Southeast Asia, Mexico, America, Will China

☆ Dollar firm, yuan slides after China unexpectedly cuts rates
▼ + stars: | 2023-08-15 | by ( ) www.cnbc.com time to read: +2 min

The safe-haven dollar stayed firm against major peers while the yuan sank to a nine-month trough after China's central bank unexpectedly cut key policy rates for a second time in three months on Tuesday to shore up the country's sputtering economy. Chinese data on industrial output and retail sales released shortly after the PBOC's rate cut also fell short of economists' forecasts. The Australian dollar , which often acts as a proxy trade on China, dipped as much as 0.39% to $0.6463 but failed to breach Monday's nine-month low of $0.6454. "There's a floor under (the Aussie dollar), and any rumors of stimulus could light the bullish match for these markets to bounce." Elsewhere, the U.S. dollar pushed to a fresh nine-month high of 145.60 yen before retreating to be down 0.09% at 145.435.

Persons: Matt Simpson Organizations: Reserve Bank, Australia's, U.S, Traders Locations: China

CNN —Not many would have predicted it before the tournament kicked off, but Spain became the first team to book its place in the Women’s World Cup final on Tuesday. Spain’s women had never progressed further than the last-16 before this year but are now just one win away from lifting a first ever World Cup trophy. “To the final!” he wrote on X, formerly known as Twitter. World Cup winner and Barcelona legend Andrés Iniesta took to social media to call the players “giants” after their victory against Sweden. Despite the noise surrounding preparations for the World Cup, the Spanish players have showed no signs of being bogged down and are now one step away from sporting immortality.

Persons: Roja, Pedro Sánchez, “, ”, Andrés Iniesta, Dani Ceballos, Garbiñe Muguruza, Carlos Alcaraz, let’s, Molly Darlington, wasn’t, Antonio Banderas, –, Salma Paralluelo, Olga Carmona’s, Paralluelo, Phil Walter, ” Paralluelo, we’ve, “ We’ve, Jorge Vilda, Ballon d’Or, Alexia Putellas – Organizations: CNN, Sweden, Spain’s, Tuesday’s, ”, Real Madrid, Reuters, Spain –, Getty Locations: Spain, Spanish, Barcelona, Netherlands, Australia, New Zealand

☆ This strange trend on TikTok could help bolster live-stream shopping
▼ + stars: | 2023-08-15 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

A strange trend has emerged on TikTok: creators are acting as video game characters over live streams. The popularity of these live streams could have implications for TikTok's live stream shopping ambitions. While the trend manifested organically from TikTok creators, it could have implications for live-stream shopping in the US, Bloomberg reported. For retailers, TikTok live streams could be a goldmine. Read more about the TikTok live streaming trend Bloomberg reported on here.

Persons: TikTok, Instagram, YouTube hasn't, TikToker, Read Organizations: Service, Bloomberg, YouTube Locations: Wall, Silicon, TikTok

☆ Auger-Aliassime snaps losing streak with win over Berrettini in Cincinnati
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +2 min

Aug 14, 2023; Mason, OH, USA; Matteo Berrettini (ITA) runs up the court for a return to Félix Auger-Aliassime (CAN) (not pictured) during the Western & Southern Open at Lindner Family Tennis Center. Mandatory Credit: Carter Skaggs-USA TODAY SportsAug 14 (Reuters) - Felix Auger-Aliassime ended a five-match losing streak with a come from behind 4-6 6-2 6-3 victory over Matteo Berrettini at the Cincinnati Open on Monday to set up a second round clash with Adrian Mannarino. The 23-year-old beamed a broad smile when Berrettini's forehand went long on match point, grateful for the bright spot in a thus far disappointing 2023 campaign. The 12th seeded Auger-Aliassime will look to keep his winning ways going in his first ever meeting with Frenchman Mannarino in the second round. Reporting by Rory Carroll in Los Angeles; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Matteo Berrettini, Félix, Carter Skaggs, Felix Auger, Aliassime, Adrian Mannarino ., Auger, I've, Frenchman Mannarino, Australia's Jordan Thompson, American John Isner, Isner, Finland's Emil Ruusuvuori, Nicolas Jarry of, Rory Carroll, Muralikumar Organizations: & Southern, Lindner, Tennis Center, USA, Cincinnati, U.S, Thomson Locations: Mason, OH, USA, Nicolas Jarry of Chile, Los Angeles

☆ Breaking down Nvidia's bounce back with Bernstein's Stacy Rasgon
▼ + stars: | 2023-08-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBreaking down Nvidia's bounce back with Bernstein's Stacy RasgonStacy Rasgon, Bernstein Research analyst, joins 'Closing Bell' to discuss Nvidia's bounce back ahead of the company reports earnings.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon, Bernstein Organizations: Bernstein Research

☆ 5 ways to become a 'stellar performer' at work, says mental coach who trained Tom Brady and Michael Phelps
▼ + stars: | 2023-08-15 | by ( Renée Onque | ) www.cnbc.com time to read: +5 min

Tom Brady and Michael Phelps have more in common than being top professional athletes; both Brady and Phelps were trained by performance coach, Greg Harden , to mentally prepare for the major moments in their careers like Super Bowls and the Olympics. That he is a human being who's been prepared, who's practiced, trained and rehearsed to give 100%, 100% of the time." "If you've given [it] everything you've got, win, lose or draw, you're my guy, you're my girl, you're my person," Harden says. "I need you to get so excited," Harden adds, psych yourself up to "go have some fun." "When you're in that pool, and you're training to be the best, you have to be so trained mentally."

Persons: Harden, Tom Brady, Michael Phelps, Brady, Phelps, Greg Harden, it's, who's, you've, didn't, " Harden, Warren Buffett Organizations: CNBC, NBA, NHL

☆ This chart shows how exposed each of our 35 stocks is to China's struggling economy
▼ + stars: | 2023-08-15 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

The chart below is meant to provide a high level view of the revenue exposure each of the 35 companies in our portfolio has to the world's second-largest economy. First, a couple caveats: Our energy exploration and production stocks Coterra Energy (CTRA) and Pioneer Natural Resources (PXD) screen as having zero revenue exposure outside of the United States. Nvidia (NVDA) is another stock where the direct revenue exposure can be misleading. That makes the 60% revenue exposure to the Asia-Pacific region more concerning, even as mainland China realized organic sales growth during the quarter. As a result, total sales, services sales and wearables, home and accessories sales all set June quarter records in Greater China.

Persons: Estee Lauder, WYNN, Estee Lauder We're, wouldn't, Jim Cramer's, Jim Cramer, Jim Organizations: Coterra Energy, Natural Resources, Nvidia, Devices, AMD, Apple, Wynn Resorts, Wynn, Macau, Starbucks, Management, Jim Cramer's Charitable, CNBC, Vcg, Visual China, Getty Locations: China, Asia, Pacific, Taiwan, Macau, United States, U.S, Japan, Greater China, India, Jiangxi Province

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. Hotter-than-expected U.S. producer prices data last week fanned concerns that the Federal Reserve could keep interest rates higher for longer, driving up U.S. Treasury yields and weighing on rate-sensitive big technology and growth stocks. Market focus will be on quarterly earnings from major U.S. retailers including Walmart (WMT.N) and Target (TGT.N) this week. Economic data expected includes retail sales for July as well as industrial production and jobless claims numbers. ET, Dow e-minis were up 59 points, or 0.17%, S&P 500 e-minis were up 8 points, or 0.18%, and Nasdaq 100 e-minis were up 41.5 points, or 0.27%.

Persons: Brendan McDermid, Tesla, We've, Peter Cardillo, treasuries, Goldman Sachs, Amruta Khandekar, Arun Koyyur, Maju Samuel Organizations: New York Stock Exchange, REUTERS, China AMC, Dow, Nasdaq, Federal Reserve, U.S, Treasury, Investors, Spartan Capital Securities, Microsoft, Apple Inc, Fed, Walmart, Dow e, AMC Entertainment, Nikola, U.S . Steel, Thomson Locations: New York City, U.S, China, Delaware, Cleveland, Bengaluru

☆ How tourism destinations come back from natural disasters
▼ + stars: | 2023-08-14 | by ( Rich Harrill | ) edition.cnn.com time to read: +6 min

The following Q&A with University of South Carolina research professor Rich Harrill, an expert on hospitality and tourism, looks at what’s happened in Hawaii and how other tourism destinations have bounced back from natural disasters. Compared with other destinations, Hawaii is very reliant on tourism – it comprises about 25% of the state’s economy. Maui County has the state’s highest reliance on tourism, with 51% of its jobs falling into sectors directly associated with tourism. This is a process that’s led by groups known in the travel industry as destination marketing and management organizations. Working with their local destination marketing organization, local governments should make decisions carefully about inviting visitors back.

Persons: Rich Harrill, Patrick T, Fallon, who’s, Hurricane Katrina, Iniki Organizations: CNN, University of South, Hawaii Department of Business, Economic, Tourism, Kahului, Getty, Hurricane Locations: Maui, Lahaina, University of South Carolina, Hawaii, Maui County, Kahului, AFP, New Orleans, Kauai

☆ Opinion: Trump’s indictment bounce may well be a ‘sugar high’
▼ + stars: | 2023-08-14 | by ( Dean Obeidallah | ) edition.cnn.com time to read: +5 min

CNN —On Sunday, The New York Times published a front-page article titled “How Trump Benefits From an Indictment Effect.” As the Times wrote, “Donors sent checks. Trump’s trial over the 2020 election interference may start in early 2024 if special counsel Jack Smith has his way. And while Trump’s criminal charges yielded “an online gold mine,” according to The New York Times, it’s unclear how much this bump in “bigly” fundraising will continue. Given our polarized electorate, the 2024 presidential election will be close regardless of who the Republican nominee is. But with Trump facing 78 criminal charges — as well as possibly more to come — his sugar high in the GOP primary is going to come crashing down.

Persons: Dean Obeidallah, “, Trump, ” Dean Obeidallah, Donald Trump, Jack Smith, Tanya Chutkan —, —, ” Chutkan, There’s, ”, Joe Biden, there’s, Biden Organizations: CNN, The New York Times, Times, Fox News, Mr, ” Dean Obeidallah CNN, GOP, Trump’s Save America PAC, Federal, Commission, The Washington, Trump, Twitter, Facebook, ABC, New York Times, Siena College, Republican Locations: Siena

☆ SolarEdge is among the most oversold stocks in the S&P 500. Here are the others
▼ + stars: | 2023-08-12 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Following this week's moves, CNBC Pro used FactSet data to screen for the most overbought and oversold names in the S & P 500 based on their 14-day relative strength index, or RSI. Here are some of the most oversold names: SolarEdge is one of the most oversold companies in the S & P 500. NextEra Energy had the highest number of analyst buy ratings among the stocks on the oversold list, according to CNBC's screen. Meanwhile, the following 10 stocks are the most overbought in the S & P 500: Marathon Petroleum is the most overbought stock in the broad-based index, with an RSI of 96.3. Oilfield servicer Halliburton Company , Cessna aircraft maker Textron and construction services provider Jacobs Solutions are also among the most overbought companies in the S & P 500.

Persons: Dow Jones Industrials, SolarEdge Organizations: SolarEdge Technologies, Nasdaq, Nvidia, Micron, CNBC Pro, Street, NextEra Energy, Moderna, GE Healthcare Technologies, Ameren Corporation, Enphase Energy, Marathon Petroleum, Biotech, Global Payments, Jefferies, servicer Halliburton Company, Cessna, Textron, Jacobs Solutions Locations: Florida, Cambridge , Massachusetts

☆ Make these 9 top investments in a 'stock-picker's market' as economic growth continues, according to a bear-turned-bull whose hedge fund is up 155% in the last 5 years
▼ + stars: | 2023-08-12 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Standout hedge fund manager Charles Lemonides came into the year careful but is now more optimistic. Heading into 2023, hedge fund manager Charles Lemonides was preparing for the worst. His hedge fund is down 8% in 2023 through May, though it's still up 155% in the past five years. The hedge fund manager said the economy can take another rate hike or two, even though investors may groan about it. The hedge fund manager is currently bullish on energy stocks broadly — particularly those in the oil and gas industry.

Persons: Charles Lemonides, Lemonides, hasn't, it's, We've, he's, Goldman Sachs Organizations: Investors, Federal Reserve, Netflix, Energy, P Oil & Gas Exploration, Production, Unit Corp, United Natural Foods, Yale Materials, Foods Locations: financials

☆ Take Five: Are we there yet?
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +6 min

China retail sales data due on Tuesday will show whether spending can cling to the around-3% growth rate in June - a far cry from the double-digit readings earlier in the year. Meanwhile, investors will get another look at the health of the U.S. consumer with Tuesday’s retail sales report. June retail sales, released last month, rose less than expected, but nonetheless showed consumers weathered higher interest rates. Chart shows change in U.S. retail sales on a monthly basis. After shooting to a nine-year peak of 6.55% - prompting the central bank to step in to restore calm - yields have settled around 0.58%.

Persons: Kevin Buckland, Ira Iosebashvili, Naomi Rovnick, Karin Strohecker, Amanda Cooper, Christine Lagarde, there's, BoE, Morgan Stanley, Sharon Singleton Organizations: PMI, Reuters Graphics Reuters, European Central Bank, Reuters, Bank of, BOE, Bank of England, Citi, Confederation, Thomson Locations: West, Britain, U.S, Tokyo, New York, London, China, Jackson Hole , Wyoming

☆ China loosens its pandemic-era ban on citizens joining group tours abroad
▼ + stars: | 2023-08-11 | by ( ) edition.cnn.com time to read: +4 min

CNN —China has lifted pandemic-era restrictions on group tours for more countries, including key markets such as the United States, Japan, South Korea and Australia, in a potential boon for their tourism industries. Prior to the pandemic, mainland Chinese tourists spent more than any other country’s tourists when abroad, clocking up a combined $255 billion in 2019 with group tours estimated to account for roughly 60% of that. Just how much outbound Chinese tourism will bounce back for the latest group of countries remains to be seen. “The opening of group travel from China to the U.S. is a significant milestone,” said Adam Burke, head of the Los Angeles Tourism and Convention Board. China has never publicly acknowledged limiting group tours to South Korea.

Persons: Gina Raimondo, –, Fumio Kishida, ”, Don Farrell, Steve Saxon, Adam Burke, “ Organizations: CNN, US Commerce Department, Japanese, Trade, Tourism, Weibo, McKinsey & Co, “, Los Angeles Tourism, Reuters Locations: China, United States, Japan, South Korea, Australia, Germany, Canada, Thailand, Russia, Cuba, Argentina, Nepal, France, Portugal, Brazil, Xinjiang, Los Angeles, U.S

Leesa is revitalizing its Summer Daze Sale to bring you some of the biggest mattress discounts it'll feature all year. Our pick for best mattress, the Sapira Hybrid, is $300 cheaper in queen size. Exclusive Promo Leesa Sapira Hybrid Mattress (Queen) The Leesa Sapira Hybrid Mattress has great edge support and motion isolation. Exclusive Promo Leesa Legend Mattress (Queen) This luxury hybrid mattress has two layers of springs along with pocket springs for edge-to-edge support and micro coils for targeted support around the hips and shoulders. Read our Leesa Studio mattress review, and you'll learn of an affordable sub-$1,000 mattress with great support for side sleepers.

Persons: you'll, Leesa, that's, There's, James Brains

☆ The 117-year-old steel maker that's key to solving climate tech's recycling issue
▼ + stars: | 2023-08-11 | by ( Ian Thomas | ) www.cnbc.com time to read: +6 min

One of the first questions Tamara Lundgren often heard when she introduced herself as the CEO of Schnitzer Steel is, "What kind of steel do you make?'" Founded in 1906 by Russian immigrant Sam Schnitzer, the company started as a one-person scrap metal recycler. "The name Schnitzer Steel just no longer really reflects our work," said Lundgren, who joined the company in 2005 and was elevated to CEO in 2008. "In today's environment, the importance of recycling and the importance of recycling metals has reached a level that didn't exist 10 years ago," Lundgren said. "I'm glad we were getting that attention, but fundamentally what drove it was all of our recycling activity," Lundgren said.

Persons: Tamara Lundgren, Sam Schnitzer, Lundgren, – it's, it's, Schnitzer Steel Organizations: Schnitzer, CNBC, Corporate Knights, Nasdaq Locations: North America, Davos

Travellers walk past an installation in the shape of five stars, at Beijing Daxing International Airport in Beijing, China April 24, 2023. REUTERS/Tingshu Wang/file photoBEIJING, Aug 10 (Reuters) - China has lifted pandemic-era restrictions on group tours for more countries, including key markets such as the United States, Japan, South Korea and Australia in a potential boon for their tourism industries. Just how much outbound Chinese tourism will bounce back for the latest group of countries remains to be seen. Shares in firms in the latest group of countries with large exposure to Chinese travel demand jumped on the news. China has never publicly acknowledged limiting group tours to South Korea.

Persons: Tingshu Wang, Fumio Kishida, Don Farrell, Steve Saxon, Casey, Sophie Yu, Joyce Lee, Jamie Freed, Edwina Gibbs Organizations: Beijing Daxing International, REUTERS, Japanese, Trade, Tourism, Weibo, McKinsey & Co, South, Grand Korea, Reuters, Casey Hall, Thomson Locations: Beijing, China, BEIJING, United States, Japan, South Korea, Australia, Germany, Britain, Canada, Thailand, Russia, Cuba, Argentina, Nepal, France, Portugal, Brazil, Xinjiang, South Korean, U.S, Shanghai, Seoul

☆ Italy windfall tax: European bank stocks bounce after tax blow is watered down
▼ + stars: | 2023-08-09 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Banking stocks in Italy and elsewhere in Europe rebounded Wednesday after the country watered down a plan to whack its banks with a surprise one-off 40% tax on their windfall profits. The government’s climbdown eased investors’ fears over European banks more broadly. The Stoxx Europe 600 Banks index, which tracks 42 big banks in the European Union and the United Kingdom, gained 1.7% after shedding 3.5% the previous day. Late Monday, the government said it would impose a one-off windfall tax of 40% and would use the proceeds to support first-time home buyers and cut taxes for families and businesses. Several European countries, including Spain and the Czech Republic, have announced taxes on banks’ windfall profits in the past year as interest rate hikes by central banks have beefed up many lenders’ earnings.

Persons: ’, Giancarlo Giorgetti, Remo Casilli, Jeremy Hunt, Moody’s Organizations: London CNN — Banking, Banco, European Union, Reuters, Deutsche Bank, DB, Bank Locations: Italy, Europe, United Kingdom, Rome, Spain, Czech Republic

☆ MLB roundup: Astros use ninth-inning slam to edge O's
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +11 min

Philadelphia starter Zack Wheeler (9-5) tossed six innings and gave up seven hits and three runs. Losing pitcher Sonny Gray (5-5) gave up three runs (two earned) and seven hits in six innings while notching 10 strikeouts. Rays right-hander Zach Eflin allowed just one run on four hits in seven innings. Yusei Kikuchi sustained his first loss since July 1 despite permitting only one run on three hits while striking out six in seven innings. Taillon (7-6) tossed seven innings of three-hit ball and retired the final 16 batters he faced.

Persons: Kyle Tucker, Tommy Gilligan, Kyle Tucker's, Jeremy Pena's, Felix Bautista, Adley Rutschman, Ryan Mountcastle, Rutschman, Mountcastle, Framber Valdez, Ryne Stanek, Ryan Pressley, Kevin Pillar, Orlando Arcia, Ronald Acuna Jr, Arcia, Mitch Keller, David Bednar, Brandon Drury, Lucas Giolito, Scott Alexander, Wilmer Flores, Kyle Schwarber, Jake Cave, Alec Bohm, Zack Wheeler, Lane Thomas, Keibert Ruiz, Trevor Williams, Eduardo Rodriguez, Rodriguez, Jose Cisnero, Jason Foley, Zack Short, Kerry Carpenter, Jake Rogers, Sonny Gray, Jorge Soler, Soler, Lucas Sims, Braxton Garrett, Stuart Fairchild, Luis Arraez's, Yandy Diaz, Brandon Lowe, Randy Arozarena, Louis, Isaac Paredes, Nolan Arenado, Zach Eflin, Miles Mikolas, Tanner Bibee, Ramon Laureano, Emmanuel Clase, Whit Merrifield, Yusei Kikuchi, Drew Waters, MJ Melendez, Michael Massey, Brady Singer, Trevor Story, Mike Tauchman, Jameson Taillon, Cody Bellinger, Pete Alonso, Justin Verlander, Joey Meneses, Ildemaro Vargas, Jordan Weems, Kyle Finnegan, Bryce Harper, Craig Kimbrel, Meneses, Nolan Jones, Elias Diaz, Matt Koch, Andruw Monasterio, William Contreras, Wade Miley, Andrew Chafin, Harrison Bader, Kyle Higashioka, Aaron Judge, Clarke Schmidt, Michael King, Yoan Moncada, Andrew Vaughn, Touki Toussaint, Corey Seager, Max Scherzer, JJ Bleday's, JP, Logan Gilbert, Dylan Moore, Gilbert, Xander Bogaerts, Scott Barlow, Freddie Freeman, Julio Urias, Christian Walker, Evan Phillips, Corbin Carroll Organizations: Houston Astros, Baltimore Orioles, Camden Yards, Astros, Baltimore All, Orioles, Braves, Pirates, Pittsburgh, Giants, San, Angels, Chicago White Sox, The Giants, San Francisco, Phillies, Philadelphia, Washington, Nationals, Tigers, Detroit, Marlins, Reds, Miami, Cincinnati, Cardinals, Tampa, St, Tampa Bay, Rays, Blue Jays, Toronto, Royals, Red Sox, Kansas City, Boston, Cubs, Mets, National League, Rockies, Brewers, Colorado, Milwaukee, Yankees, White Sox, Chicago, New York, Rangers, Athletics, Oakland, Texas, New York Mets, JP Sears, Mariners, Padres, Seattle, San Diego, Dodgers, Diamondbacks, Arizona, Thomson Locations: Baltimore , Maryland, USA, Atlanta, Los Angeles, San Francisco, Anaheim , Calif, Washington, Philadelphia, St . Petersburg, Fla, Cleveland, Kansas, Chicago, New York, Schmidt, Texas, Toronto, Phoenix, Arizona

☆ China’s Exports Fall Again, Imperiling Its Economic Recovery
▼ + stars: | 2023-08-08 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

In the first seven months of the year, exports to the United States declined 18.6 percent compared with the same period last year, while shipments to the European Union fell 5 percent. Exports to Russia, which has been hit with Western sanctions over its invasion of Ukraine, increased more than 70 percent. “There has been general weakness in demand for China’s exports,” he said. A real estate crisis and weak spending by consumers have put pressure on Beijing to increase exports to help stabilize the economy. But the trade numbers released on Tuesday suggest weak demand may exacerbate a global slowdown.

Persons: Paul Donovan, ” Organizations: European Union, UBS, Officials, China Locations: United States, Russia, Ukraine, Mexico, Canada, China, Beijing

☆ These are the top 10 U.S. cities where New Yorkers want to move—only 1 is in California
▼ + stars: | 2023-08-08 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

New York City is one of the most expensive American cities to live in, yet people from all around the world continue to flock there. Los Angeles is the only California city to make StreetEasy's list, while Florida had three cities rank in the top 10, including Tampa and Orlando. 1 U.S. city New Yorkers are moving to: Miami, FloridaMiami's popularity among New Yorkers continues to rise and the Florida city landed the top spot of cities residents are thinking about relocating to. Alexander Spatari | Moment | Getty ImagesTop 10 U.S. cities New Yorkers are moving toMiami, Fla. Philadelphia, Pa. Stamford, Conn. Atlanta, Ga. Tampa, Fla. Boston, Mass. It is considered the most significant financial district outside New York City, according to the city's Chamber of Commerce.

Persons: Douglas, StreetEasy, Goldman Sachs, Alexander Spatari, Sean Pavone, it's, Ned Lamont Organizations: New, Yorkers, Elliot Management, Fla ., Washington D.C, Philadelphia, Comcast Corporation, Toll, Burlington Stores, Burlington Stores . Philadelphia, Istock, Getty Images, Bloomberg, U.S . Postal Service, Charter Communications, city's Chamber of Commerce ., Getty Locations: Miami, Florida, New, New York City, Manhattan, The City, Yorkers, Los Angeles, California, Tampa, Orlando, U.S, United States, South Beach, Little Havana, . Miami , Florida, Fla . Philadelphia, Pa . Stamford, Conn, Atlanta, Ga, Fla, Boston, Mass, Fla . Los Angeles, Calif, Washington, East Stroudsburg, Pa, New York County, Kings County, Brooklyn, Queens County, Queens, Philadelphia, The Pennsylvania, Burlington Stores ., Getty Images Stamford , Connecticut, Connecticut, New York City for Connecticut, Stamford, city's Chamber of Commerce . Stamford , Connecticut

☆ Morning Bid: Germany to kick off CPI mega-run
▼ + stars: | 2023-08-08 | 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, August 1, 2023. Still, investors' focal point for the week is the U.S. consumer price index amid recent goldilocks data and remarks from Fed Chair Jerome Powell that's given strength to the economic soft-landing narrative. Fed officials continue to emerge from their silence this week after hiking rates another 25 basis points at their last meeting. Investors betting the Fed has reached the end of rate increases will have another chance to gauge their theory when Philadelphia Fed President Harker and Richmond Fed President Barkin speak on Tuesday. Their remarks will be top of investor watchlists after mixed messages about the future rate path from New York Fed President John Williams and Fed Governor Michelle Bowman on Monday.

Persons: Brigid Riley Germany, Jerome Powell that's, Harker, Barkin, John Williams, Michelle Bowman, Fed's Harker, Brigid Riley, Christopher Cushing Organizations: REUTERS, Staff, Federal Reserve, Central Bank's, Philadelphia Fed, Richmond Fed, New York Fed, Bank of Japan, CPI, Hungary CPI, Bayer, InterContinental Hotels, Thomson Locations: Frankfurt, Germany, China, United States, U.S, Richmond, New, Asia, Hungary

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