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☆ CNBC Daily Open: Banks might not love lower rates unconditionally
  + stars: | 2024-09-11 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Big price reportsThe U.S. consumer price index for August comes out later today, while the producer price index, which measures prices at the wholesale level, will be released a day later. They're the last major economic data the Federal Reserve will receive — and hence influence its decision on the size of cuts — before its meeting next week. Separately, JPMorgan shares fell 5.19% after the bank's president Daniel Pinto lowered expectations for next year's net interest income.
Persons: Dow, Jamie Dimon, JPMorgan Chase, stagflation, Daniel Pinto Organizations: CNBC, Nasdaq, Continental, BMW, Federal Reserve, JPMorgan, U.S, Apple Intelligence Apple Locations: Basel
☆ A debate with bad blood
  + stars: | 2024-09-11 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
When discussing immigration, Harris took a shot at Trump's rallies, saying that people leave them early " out of exhaustion and boredom ." Trump responded with his own attack about Harris' rallies, but his demeanor also took a noticeable turn for the remainder of the debate. And while the two candidates basically don't agree on anything, Harris took one page out of Trump's book. The vice president had some noticeable facial expressions during the debate , something the former president has been known for. The Harris campaign said following the debate the vice president would participate in another one in October .
Persons: —, we're, Saul Loeb, Kevin Dietsch, Kamala Harris, Donald Trump, Harris, Trump, Jon Stewart, Insider's Brent D, Griffiths, David Muir, Linsey Davis, Roe, Wade, Elon Musk, Taylor Swift, Walz, Alex Brandon, Rebecca Zisser, Jamie Dimon's, Goldman Sachs, greenlights, Dan Ives, Ives, Brooks Kraft, Apple, Millennials, TikTok doesn't, Antony Blinken, Volodymyr Zelenskyy, Megan Thee, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Trump, White, JPMorgan, Apple, Brooks, Brooks Kraft LLC, Getty, YouTube, EV, UK Foreign, MTV, MTV . Locations: —, Ukraine, New York, London
☆ We're worried 'the Fed will be too slow' in cutting, says WisdomTree's Jeremy Schwartz
  + stars: | 2024-09-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're worried 'the Fed will be too slow' in cutting, says WisdomTree's Jeremy SchwartzJeremy Schwartz, WisdomTree global chief investment officer, joins CNBC's 'Money Movers' to discuss his reaction to today's CPI report, why some argue 50 basis points is out of reach, and more.
Persons: We're, WisdomTree's Jeremy Schwartz Jeremy Schwartz, WisdomTree Organizations: CPI
☆ Americans have more than $32 trillion in home equity — a record high. Here's what to know before you tap it
  + stars: | 2024-09-11 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +2 min
Tappable equity is the amount most lenders will allow you to take out while still leaving 20% in the home as a cushion. How to tap your home for cashAlternatively, a home equity loan is a type of second mortgage, which allows borrowers to pull cash while using the house as collateral. However, the current average home equity loan interest rate is 8.52%, according to Bankrate, notably higher than a 30-year fixed-rate mortgage. watch nowOtherwise, a home equity line of credit, also known as a HELOC, lets you borrow money against a portion of your home's equity. The average HELOC interest rate is just shy of 10%, according to Bankrate.
Persons: Jacob Channel, Andy Walden, Holden Lewis, Lewis Organizations: Louis Federal Reserve, Intercontinental Exchange's Mortgage, Intercontinental Exchange
☆ Wall Street likes what Nvidia CEO said about the future and new AI chip rollout. So did we
  + stars: | 2024-09-11 | by ( Zev Fima | ) www.cnbc.com   time to read: +6 min
Investors returned to Nvidia stock Wednesday after CEO Jensen Huang made a compelling case at a major tech gathering for the innovation he strives for and the competitive moat he's built. There have been a lot of doubters on Wall Street since Nvidia reported quarterly results on Aug. 28 . NVDA YTD mountain Nvidia YTD On stage with Goldman Sachs CEO David Solomon, Huang was asked how he views the competition. The way that computers are built today, if you look at our new Blackwell system, we design seven different types of chips to create the system. While ducking a question about Nvidia stock, Solomon did tell CNBC that Nvidia is a "super company" that's well-positioned to keep succeeding.
Persons: Jensen Huang, Goldman Sachs, That's, David Solomon, Huang, Blackwell, Nvidia's, it's, ramping Blackwell, that's, It's, Solomon, Communacopia, Jim Cramer's, Jim Cramer, Jim, Sam Yeh Organizations: Nvidia, Technology Conference, CNBC, Goldman, Blackwell, AFP, Getty Locations: San Francisco, Communacopia, Taipei
☆ All the signs Trump lost the debate
  + stars: | 2024-09-11 | by ( Brent D. Griffiths | ) www.businessinsider.com   time to read: +9 min
By Wednesday morning, there were abundant signs that, frankly, Trump lost his debate against Harris. Our newest ad just dropped pic.twitter.com/DfM044iZ8s — Kamala HQ (@KamalaHQ) September 11, 2024Despite the reputation he forged in GOP primary debates, Trump has struggled in general election faceoffs. Here are the signs that Trump added to his debate loss total. Heading into the debate, Trump held a narrow lead on PolyMarket, a crypto-based betting market that counts election forecaster Nate Silver as one of its advisors. Amid a back and forth with Harris over debates, Trump declared that he wanted three face-offs with her.
Persons: —, Donald Trump, Kamala Harris, Trump, Harris, DfM044iZ8s — Kamala, faceoffs, Hillary Clinton, Joe Biden, Clinton, Nate Silver, Vox, PredictIt, Rupert Murdoch, Brit Hume, prepped Harris, 7gnMmIVupt, Ms, goading Trump, David Muir, Linsey Davis, Jason Miller, Donald Trump Jr, Trump's, Kamala, Taylor Swift, Biden, Rocky, Creed Organizations: Service, Business, Democratic, Trump, White House, Futures Trading Commission, Trump Media & Technology Group, Truth, Traders, Murdoch Media, Fox News, ABC, York, Street, GOP, ABC News, Boxing, UFC, Fighter Locations: York, Philadelphia
☆ CNBC Daily Open: Lower rates might hurt banks
  + stars: | 2024-09-11 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Tough environment for European companiesChina's environment for businesses is so thorny that European companies have grown discouraged with operating in the country, according to the EU Chamber of Commerce. If European companies were to invest in China further, Beijing must act on its pledges to improve the business conditions, the chamber's paper wrote. CNBC Pro looked for companies headquartered overseas, but listed in the U.S. – and may experience over 100% upside, according to analysts.
Persons: Morgan, Dow, First Harris, Kamala Harris, Donald Trump, Taylor Swift, Harris, Cat Lady Organizations: Canary, CNBC, Nasdaq, Japan's Nikkei, U.S ., Trump, EU Chamber of Commerce, Federal Reserve Locations: Wharf, London, United Kingdom, Asia, Pacific, fracking, China, Instagram, Beijing, U.S
☆ How 9/11 Become Gen Z's Favorite Internet Meme, Joke
  + stars: | 2024-09-11 | by ( Scott Nover | ) www.businessinsider.com   time to read: +13 min
On 9/11, the first meme dropped at 8:56 a.m. "That is a big fucking hole in the World Trade Center sirs!" 9/11 jokes, in other words, often have very little to do with 9/11. AdvertisementUnlike Domineau or those anonymous SomethingAwful posters, many people making and spreading 9/11 memes today are too young to remember 9/11, if they were alive at all. She says 9/11 memes have always been popular with her cohort. Domineau says it's only natural for young people to take 9/11 jokes to the next extreme.
Persons: NAEM, DogWelder, Brad Pitt's, Tyler Durden, monkeu, BUSH, Thom Yorke, THOM, Gilbert Gottfried, Jaroslav Hašek, Jan Chovanec, ike H, oke, hing, hite, ingle, alvin K, amar, laine, hatter, ike Organizations: World Trade Center, Facebook, Twitter, World Trade, United Airlines Flight, Radiohead, Empire, International, of Humor Research, ard, ust Locations: New York, Czech, pec
☆ Watch Wednesday's full episode of the Halftime Report — September 11, 2024
  + stars: | 2024-09-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of the Halftime Report — September 11, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
☆ Mortgage Interest Rates Today, September 11, 2024 | Rates Down in Anticipation of Fed Cuts
  + stars: | 2024-09-11 | by ( Molly Grace | Sarah Silbert | Mortgage Reporter | ) www.businessinsider.com   time to read: +10 min
See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are down slightly and are hovering around 5.75%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates have inched down this week and are hovering just above 5%, according to Zillow data. Last month, 30-year refinance rates averaged 6.59%, while 15-year refinance rates were around 5.90%. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.
Persons: they've, you'll, Freddie Mac, it's, They'll, refinance Organizations: Reserve, Zillow, Fed Locations: Chevron
☆ WEX Wrap-Up for Wednesday September 11
  + stars: | 2024-09-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWEX Wrap-Up for Wednesday September 11The main headlines that could drive today's trading.
☆ Caroline Ellison asks to avoid prison in upcoming sentencing tied to FTX collapse: CNBC Crypto World
  + stars: | 2024-09-11 | by ( Mackenzie Sigalos | Jordan Smith | Talia Kaplan | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaroline Ellison asks to avoid prison in upcoming sentencing tied to FTX collapse: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Sergey Nazarov, co-founder of Chainlink, argues that 'crypto adoption is inevitable' and weighs in on whether U.S. politics are impacting crypto prices.
Persons: Caroline Ellison, explainers, Sergey Nazarov, Chainlink Organizations: CNBC Crypto, CNBC
☆ CNBC Daily Open: Did Apple’s shiny new things improve market sentiment?
  + stars: | 2024-09-10 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Nic Coury | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineMaybe all it takes are shiny new things to lift our mood and take our minds off recession fears. Of course, Apple's event is not the sole reason markets rose yesterday. They'll also let us know if we can afford those shiny new things that Apple's dangling in front of us.
Persons: HSI, Nic Coury, I'm, Zers, CNBC's Kelly Evans, They'll, – CNBC's Pia Singh, Lisa Kailai Han Organizations: Apple, AFP, Getty, CNBC, Research, Bloomberg, Nvidia, Nasdaq, Dow Jones Industrial Locations: Cupertino , California, U.S, Cupertino
☆ EV charging and range are improving. People still don't want to go electric.
  + stars: | 2024-09-10 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +6 min
Read previewWe're getting closer to a cure for range anxiety, so why don't more people want an EV? This dip in demand is reflected in a stagnation in EV sales growth over the past year as companies adjust to a new crop of more practical green-car shoppers. Battery-powered cars accounted for a record 7.6% of all car sales in 2023, according to Kelley Blue Book, up from 5.9% in 2022. Affordability is also a key issue for today's electric car shoppers, an issue the industry has tried to address with lower sticker prices. But EV shoppers have found a new cost to angst over.
Persons: —, EY, Marc Coltelli, Kelley, EVs, it's, Power, Raman Ram Organizations: Service, Business, Power, Utilities, Industry, EV, Pew Research, Department of Energy, Americas Aerospace, Defense Locations: Americas
☆ CNBC Daily Open: Did Apple’s shiny new things uplift markets?
  + stars: | 2024-09-10 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +3 min
Justin Sullivan | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineMaybe all it takes are shiny new things to lift our mood and take our minds off recession fears. Of course, Apple's event is not the sole reason markets rose yesterday. They'll also let us know if we can afford those shiny new things that Apple's dangling in front of us.
Persons: Pro Max, Justin Sullivan, I'm, Zers, CNBC's Kelly Evans, They'll, – CNBC's Pia Singh, Lisa Kailai Han Organizations: Pro, Apple, Getty, CNBC, Research, Bloomberg, Nvidia, Nasdaq, Dow Jones Industrial Locations: Cupertino , California, U.S, Cupertino
☆ Harris and Trump face off for the first time tonight, but some corners of the business world are already over it
  + stars: | 2024-09-10 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
Business Insider's Brent D. Griffiths has a rundown on everything you need to know heading into tonight . A newly released Times/Siena poll shows Trump holding just a one-point advantage over Harris among likely voters. For Trump, the focus will likely be the economy, which is a high priority for voters and also a sore spot for Harris. The latest Times poll showed Trump (55%) held a big advantage over Harris (42%) regarding who would be better equipped to handle the economy. Trump will also likely target Harris' biggest vulnerabilities , which may include trying to define her shifting views as disingenuous flip-flops, Brent writes.
Persons: —, he'll, it's, Jose Luis Pelaez, Michael Ciaglo, Getty, Tom Williams, Tyler Le, Kamala Harris, Donald Trump, Insider's Brent D, Griffiths, Harris, BI's John L Dorman, Trump, Brent, Jenny Chang, Rodriguez, BI's Bradley Saacks, It's, BI's Alice Tecotzky, Sébastien Thibault, Goldman Sachs, Torsten Sløk, Anson Chan, Brian Niccol, hasn't, Putin, Andrew Cuomo, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Elon, Business, Jose Luis Pelaez Inc, Trump, BI Bitcoin, Arab League Locations: Philadelphia, Siena, Silicon Valley, China, America, Russia, Ukraine, Cairo, Israel, Gaza, New York, London
☆ Mortgage Interest Rates Today, September 10, 2024 | Rates Low Ahead of Next Week's Fed Meeting
  + stars: | 2024-09-10 | by ( Molly Grace | Sarah Silbert | Mortgage Reporter | ) www.businessinsider.com   time to read: +9 min
As the Fed lowers its benchmark rate, mortgage rates should continue to go down. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. FHA Interest RatesFHA interest rates were 5.03% last month, and they've been a bit lower in recent weeks. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.
Persons: they've, Freddie Mac Organizations: Federal Reserve, Traders, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs Locations: Chevron
☆ Watch Tuesday's full episode of the Halftime Report — September 10, 2024
  + stars: | 2024-09-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Tuesday's full episode of the Halftime Report — September 10, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
☆ Crypto will be 'big boon' for financial services over time, Robinhood CEO says: CNBC Crypto World
  + stars: | 2024-09-10 | by ( Tanaya Macheel | Jordan Smith | Talia Kaplan | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto will be 'big boon' for financial services over time, Robinhood CEO says: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Steven Lubka, head of private clients at Swan Bitcoin, discusses how each potential outcome in the U.S presidential election could influence crypto prices.
Persons: explainers, Steven Lubka, Swan Bitcoin Organizations: CNBC Crypto, CNBC, Swan
☆ Bill Gates on the No. 1 thing that keeps him up at night: 'If we avoid a big war...there will be another pandemic’
  + stars: | 2024-09-09 | by ( Tom Huddleston Jr. | ) www.cnbc.com   time to read: +4 min
Billionaire philanthropist Bill Gates has spent the past couple decades warning the general public about ominous issues, from upcoming "climate disasters" to devastating cyberattacks. "A lot of unrest" in today's world could spark "a major war," he tells CNBC Make It. And even "if we avoid a big war ... then, yes, there will be another pandemic, most likely in the next 25 years." "The country that the world expected to lead and be the model fell short of those expectations," Gates says, referring to the United States. While some progress has been made, with increased spending on pandemic preparedness in the U.S. and elsewhere, Gates says the global response hasn't yet been enough.
Persons: Bill Gates, Gates, it's, that'll, Anthony Fauci, Fauci Organizations: CNBC, Netflix, National Institute of Allergy Locations: Gates, United States, U.S
☆ With 'Beetlejuice's $110 million box-office debut, Jenna Ortega is proving she's the next bankable Hollywood star
  + stars: | 2024-09-09 | by ( Jason Guerrasio | ) www.businessinsider.com   time to read: +5 min
Read previewZendaya's meteoric rise from Disney Channel star to the most bankable young actress in Hollywood has been impressive to watch. Though Ortega's climb to stardom in some ways mirrors that of the "Dune" star, Ortega is forging a different path. AdvertisementOrtega has leaned into darker roles to find successJenna Ortega in "Beetlejuice Beetlejuice." Now, Ortega is taking the next step toward full-blown movie stardom, showing her worth as a bankable star leading a major franchise with "Beetlejuice Beetlejuice." Jenna Ortega at the 81 Venice International Film Festival for the "Beetlejuice Beetlejuice" red carpet.
Persons: —, she's, Jenna Ortega, Ortega, Tim Burton's, Harley Diaz, Princess Isabel, Elena, Avalor, Zendaya, Daniel Leal, Sydney Sweeney, Ellie Alves, Chiabella James, Warner, Luca Guadagnino, Jenna, Sicilia, it's, Tim Burton, there's Organizations: Service, Disney Channel, Business, Warner Bros, Disney, Netflix, Warner Bros ., Getty, Marvel, Zendaya Locations: Hollywood, London, England
☆ Watch out, Zendaya: Jenna Ortega could be young Hollywood's next bankable star
  + stars: | 2024-09-09 | by ( Jason Guerrasio | ) www.businessinsider.com   time to read: +5 min
Read previewZendaya's meteoric rise from Disney Channel star to the most bankable young actress in Hollywood has been impressive to watch. Though Ortega's climb to stardom in some ways mirrors that of the "Dune" star, Ortega is forging a different path. AdvertisementOrtega has leaned into darker roles to find successJenna Ortega in "Beetlejuice Beetlejuice." Like Zendaya, Ortega is using existing IP to grow her careerZendaya plays Chani in the "Dune" franchise. Jenna Ortega at the 81 Venice International Film Festival for the "Beetlejuice Beetlejuice" red carpet.
Persons: —, she's, Jenna Ortega, Ortega, Tim Burton's, Harley Diaz, Princess Isabel, Elena, Avalor, Zendaya, Daniel Leal, Sydney Sweeney, Ellie Alves, Chiabella James, Warner, Luca Guadagnino, Jenna, Sicilia, it's, Tim Burton, there's Organizations: Service, Disney Channel, Business, Warner Bros, Disney, Netflix, Warner Bros ., Getty, Marvel, Zendaya Locations: Hollywood, London, England
☆ The plot to topple Putin
  + stars: | 2024-09-09 | by ( Paul Starobin | ) www.businessinsider.com   time to read: +32 min
But it was only when Putin launched his full-scale invasion of Ukraine , in 2022, that Ammosov began to plot the overthrow of his homeland. As I found in months of wide-ranging interviews, everyone aspiring to a new Russian revolution grasps the seemingly impossible odds of their bid to topple Putin. Ponomarev — who was profiled last year in The Washington Post under the headline "Could this man bring down Putin?" Most applicants live in Russia, Sokolov tells me, but submissions have come from as far away as Uruguay. "I know a lot of good officers" in the CIA, Ponomarev told me, who "sympathize" with the anti-Putin insurgency.
Persons: Vladislav Ammosov, Ukraine —, Ammosov, wondrously, Vladimir Putin, Putin, Simona Supino, Alexey Navalny —, Ilya Ponomarev, Ponomarev —, —, Sean Guillory, Denis Sokolov, Sokolov, Galina Starovoytova, Anastasia Sergeeva, Sergeeva, Valter, Putin —, Tatiana Kosinova, Yelena Bonner, Itil, Boris Nemtsov, Nemtsov, Vladimir Lenin, specter, NurPhoto, Lenin, Leon Trotsky, Mao Zedong, Fidel Castro, Boris Akunin, Ponomarev, Trotsky, Mao, Castro, Alexei Sobchenko, Sergei Chuzavkov, Ilya Ponomarev Ponomarev, Michał Kamiński, Kosinova, Pavel Ivanovich Chichikov, Nikolai Gogol's, . Barnum, Bernie, Madoff, Donald, Leonid Nevzlin, Mikhail Khodorkovsky, Navalny, King George III, Khodorkovsky, Garry Kasparov, Putin's, Andrey Volna, Brian Fitzpatrick, Charlie Wilson's, Tom Hanks, Philip Seymour Hoffman, Daniel Fried, William Burns, Fried, Biden, We're, Evgenia, it's Organizations: Putin, Ukrainian, Russian Federation, The Washington Post, University of Pittsburgh, Civic Council, Kennan, Wilson Center, GRU, Russia, BI, International Republican Institute, CIA, Kremlin, Russian, Memorial, Soviet Union, of America, Civic, Ukraine's Ministry of Defense, Russian Volunteer Corps, European, Human Rights, Siberian Battalion, Ammosov, Ukrainian Armed Forces, Putin's Defense Ministry, True, Bolsheviks, of Russia Legion, People's Deputies, State Department, Justice Department, Polish Senate, Trump University, Trump, Khodorkovsky, FBI, Intelligence, Senate, Ukrainian Security Services, Bolshevik Locations: Siberia, Russia, Warsaw, Poland, Ukraine, Sakha, India, Putin Russia, Russian, Kyiv, The, restive North Caucasus, Washington, Soviet Union, Moscow, WhatsApp, Ukrainian, Soviet, Crimean, USSR, Europe, Uruguay, Armenia, Georgia, Kazakhstan, America, Canada, Great Britain, Germany, Australia, Belgorod, Kursk, Kremlin, China, Cuba, True Russia, Ponomarev, Northern Virginia, Polish, ., Lviv, Yukos, London, Pennsylvania, Texas, Afghanistan, Putin Russian, Tallinn, Estonia
☆ The $100,000 electric truck market is here. A guide to pickups from Tesla, GM, Rivian and Ford
  + stars: | 2024-09-07 | by ( Michael Wayland | ) www.cnbc.com   time to read: +10 min
There are currently a handful of electric trucks for purchase in the U.S. market: the Tesla Cybertruck, Ford F-150 Lightning, Rivian R1T and General Motors' GMC Hummer EV, GMC Sierra Denali and Chevrolet Silverado. The GMC Hummer and Rivian also have SUV versions, which feature similar functions as their pickup counterparts but in different forms. The SUV version is smaller and more manageable to drive than the pickup truck version. When the F-150 Lightning hit the market, it was the first "mainstream" electric truck. An electric Ford F-150 next to a Tesla Cybertruck in front of Ford's world headquarters on Aug. 27, 2024 in Dearborn, Mich. Michael Wayland / CNBC
Persons: Michael Wayland, CNBC DETROIT – Tesla, Stephanie Brinley, it's, Stephanie Valdez Streaty, Tesla, Ford, Rivian R1T, Rivian, Kelley, Sierra EVs Organizations: GMC, Denali, Tesla, Ford, CNBC DETROIT, Motors, Rivian Automotive, P Global Mobility, Cox Automotive, General Motors, GMC Hummer EV, GMC Sierra Denali, Chevrolet Silverado, Motor Intelligence, Renaissance Center, CNBC, GM, U.S . Environmental Protection Agency, Cruise, Silverado, GMC Sierra GM's, DC, Chevrolet, Sierra Locations: U.S, Detroit, Dearborn, Mich
☆ U.S. rolls out new chip-related export controls as China makes industry advances
  + stars: | 2024-09-06 | by ( Dylan Butts | ) www.cnbc.com   time to read: +2 min
The Biden administration is rolling out new export controls on critical technologies, including quantum computing and semiconductor goods, as China makes advances in the global chips industry. The department cited "national security and foreign policy reasons" for the move, and said it was the product of extensive discussions with international partners. These restrictions cover worldwide exports, but adds exemptions for countries that add similar controls, such as Japan and the Netherlands have done in the past. "Aligning our controls on quantum and other advanced technologies makes it significantly more difficult for our adversaries to develop and deploy these technologies in ways that threaten our collective security," he added. BIS also said it is also continuing to strengthen relationships with its allies to boost the effectiveness of export controls aimed at degrading Russia's military capabilities, as well as its "enablers" such as Belarus and Iran.
Persons: Biden, Alan Estevez Organizations: U.S . Department of Commerce, department's, of Industry and Security, BIS Locations: China, U.S, Japan, Netherlands, Belarus, Iran
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