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The second is the rate of EV sales growth is slowing, at least temporarily. The EV market is not collapsing, experts say, it’s just entering a new phase. Teslas still make up slightly more than half of all the electric vehicles sold in America, according to a report from Cox Automotive. But, just one year ago, Tesla produced more than 60% of all the EVs sold America. After having trouble cranking up production of its new generation of electric vehicles, GM seems to be accelerating.
Persons: it’s, , Coco Zhang, , Teslas, Tesla, Cox, Ford, China’s Geely, Michael Lenox, Corey Cantor, Cantor, ” Cantor Organizations: New, New York CNN, International Energy Agency, ING, CNN, Cox Automotive, Ford, General Motors, Blazer, European Federation for Transport, Volvo, EV, China Passenger Car Association, University of Virginia, Bloomberg New Energy Finance, Vehicles, Chevrolet Bolt, Dodge Locations: New York, That’s, EVs, America, China, Europe, United States,
Darren Criss says he’s ‘culturally queer’
  + stars: | 2024-04-30 | by ( Marianne Garvey | ) edition.cnn.com   time to read: +2 min
CNN —The “Glee,” star Darren Criss, who played the queer character Blaine on the show, was a favorite of LGBTQ+ audiences, although in real life Criss identities as a straight, cisgender man. Criss was at the Chicago Comic & Entertainment Expo over the weekend, where he was asked about his “Glee” character being in a gay relationship on the show. But to contextualize it, a gay relationship on mainstream Fox, that’s a pretty cool thing to be a part of,” he said. Not because I’m trying — you know, actually, I was gonna say not because I’m trying to be cool but I’m gonna erase that, because I am trying to be cool. “And I’d say that’s a gross generalization, that’s a lot of things and a lot of people.
Persons: Darren Criss, Blaine, Criss, Glee, that’s, , PFLAG, I’ve Organizations: CNN, Chicago Comic, Entertainment, Fox Locations: San Francisco
President Joe Biden (L) listens to Israel's Prime Minister Benjamin Netanyahu as he joins a meeting of the Israeli war cabinet in Tel Aviv. President Joe Biden held a phone call on Sunday with Israel's Prime Minister Benjamin Netanyahu against the backdrop of growing U.S. college campus protests and a possibly imminent invasion of Rafah. Netanyahu shows no signs of backing away from a ground offensive there — a potential move that the U.S. publicly opposes. Sunday's conversation was Biden and Netanyahu's first phone call since April 4, when Biden spoke with Netanyahu after an Israeli airstrike killed seven World Central Kitchen humanitarian workers. Biden said in early April that he thinks Netanyahu is making a "mistake" with his handling of the war, adding, "I don't agree with his approach."
Persons: Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, John Kirby, we've, Netanyahu's Organizations: Tel Aviv . U.S, Israel's, National Security, ABC, Israel, Kitchen Locations: Tel Aviv, Rafah, Gaza, U.S, Israel
The Fed aims to keep inflation at 2% over the longer run. Meanwhile, among the 20 countries that use the euro, annual consumer price inflation has slowed steadily since the start of the year. Fed Governor Michelle Bowman said earlier this month that she would favor a rate hike “should progress on inflation stall or even reverse.”So why does the United States appear to have a bigger inflation problem than Europe? Some economists argue there isn’t actually much daylight between the US and European rates of inflation, pointing to a quirk in the US measures. The measure is designed to track inflation in the real estate market while accounting for the fact that most Americans own their homes.
Persons: Michelle Bowman, Paul Donovan, Simon MacAdam, , MacAdam, ” Carsten Brzeski, Janet Yellen, Jim Watson, Brzeski, , ” Davide Oneglia Organizations: London CNN, Federal Reserve, European Central Bank, PCE, UBS Global Wealth Management, Capital Economics, ING, CNN, Monetary Fund, Washington, Reuters, Getty, , ECB, Lombard Locations: United States, Europe, Centreville , Maryland, AFP, Russia, Ukraine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of Japan needs to hike rates again as they're at an 'absurdly low level,' economist saysRob Carnell, Asia-Pacific chief economist and head of research at ING, says the central bank has its "work cut out" for it.
Persons: Rob Carnell Organizations: Email Bank of Japan, ING Locations: Asia, Pacific
"The Ellen Degeneres Show" ended in May 2022, two years after toxic workplace allegations surfaced. AdvertisementShe was supposed to go out with a bang, but Ellen DeGeneres' much-loved talk show instead went out with a whimper. Even years after the 2020 controversy and ending of "The Ellen DeGeneres Show," celebrities like Emily Ratajkowski have continued to question some of her behavior. Garrett, who has appeared on "The Ellen DeGeneres Show" multiple times, reshared Variety's article about the comedian's letter apologizing to staffers who felt disrespected. AdvertisementOctavia Spencer said all her experiences on 'The Ellen DeGeneres Show' have been 'supportive and fun'The actress, who's appeared on "The Ellen DeGeneres Show" numerous times over the years, issued a statement supporting DeGeneres via Instagram on August 13.
Persons: Ellen Degeneres, DeGeneres, , Ellen DeGeneres, Brad Garrett, Lea Thompson, Scooter Braun, Katy Perry, Emily Ratajkowski, Raymond, Garrett, reshared, hadn't, Garrett's, Thompson, didn't, Braun, Justin Bieber, Ariana Grande, she'd, Ellen, Portia de Rossi, De Rossi, Kris Jenner, Nacho Figueras, Brandi Carlile, Figueras, he'd, Jennifer Aniston, Jennifer Lopez, Michelle Obama, Pink, Sean Hayes, Lady Gaga, Oprah, Justin Timberlake —, Perry, Samantha Ronson, I've, Ronson, Diane Keaton, SHOW, Kevin Hart, Hart —, Ashton Kutcher, Kutcher, he's, Jerry O'Connell, de Rossi, O'Connell, Portia, Portia … Instagrammed, Jay Leno, Andy Richter, Ashley Nicole Black, who's, Howard Stern, Howard, Beth, Phoebe Bridgers, ellen, Octavia Spencer, Spencer, ELLEN, Sofia, Mariah Carey, Carey, that's, Steve Harvey, Jonathan Leibson, Harvey, I'd, Alec Baldwin, Baldwin, Ryan Phillippe, Phillippe, hasn't, NikkieTutorials, Nikkie de Jager, Degeneres, Tony Okunbowa, Taylor Swift's, Taylor Swift, Swift, She's, Ratajkowski, Elle Organizations: Service, Twitter, Los Angeles Times, @TheEllenShow, DJ, SHOW, Entertainment, ppl, TBS, Colombian, Us Locations: Argentine, British, Instagram, American
CNN —“In space, no one can hear you scream.”“Alien” premiered with that memorable advertising line in June 1979. I went to see “Alien” on its opening weekend with my older brother, knowing relatively little about it. Driving to the Avco cinemas in Westwood near UCLA, we immediately noticed the long line for tickets wrapping around the theater and heading down the block. Yaphet Kotto, Sigourney Weaver and Ian Holm in "Alien." Yet in the 1970s, with films like “Jaws,” “Star Wars” and “Alien,” they seemed to emerge almost organically, yielding screams, either of delight or horror, that, like those memories, have echoed across space and time.
Persons: CNN —, , Ridley Scott’s, Ellen Ripley, Sigourney Weaver, Tom Skerritt, Yaphet Kotto, Ian Holm, , thrall, Ripley, Romulus, , James Cameron’s Organizations: CNN, Los Angeles Times, Avco, UCLA, Fox, Hollywood Locations: Westwood
One strategist, however is looking keenly at European equities, and notes that "Europe isn't a boring market." "You would hope that will translate through to the stock market in terms of company earnings growth in Europe. "While you might see some kind of short-term downturn, in the longer-term the picture is very positive for the sector," Field added. He sees value in payments, which he described as "one of the most undervalued parts of European financial services." The sector has trailed market performance, with valuations looking "interesting" over the last 12 months, Morningstar noted in its recent report.
Persons: Michael Field, Field, Morningstar Organizations: CNBC Pro, European Central Bank, Consumer, Swatch Group, Financial, Morningstar, ING Bank, Group, Health, Novo Nordisk Locations: U.S, Europe, Netherlands, British, Swiss
Taipei, Taiwan — Taiwan President Tsai Ing-wen on Saturday offered her congratulations to Taiwanese drag queen Nymphia Wind for winning “RuPaul’s Drag Race,” the first person from East Asia to take the crown. “Congratulations to you, Nymphia Wind, for being so accomplished in the difficult art form of drag, and for being the first Taiwanese to take the stage and win on ‘RuPaul’s Drag Race’,” Tsai wrote on Instagram in English. “Right after being crowned queen, you said ‘Taiwan, this is for you.’ Taiwan thanks you for living fearlessly.”Nymphia Wind and other drag queens prepare for a performance in Taipei on October 21, 2023. Stars from “Drag Race,” which has just ended its 16th season, also come to Taiwan to perform. Ann Wang/ReutersTaiwan’s openness on LGBTQ+ issues stands in marked contrast with its giant neighbor China, which claims the island as its own territory.
Persons: Tsai Ing, Tsai, ” Tsai, Ann Wang, Lai Ching, Taiwan’s Organizations: Democratic Progressive Party, DPP, Reuters, Pride Locations: Taipei, Taiwan, East Asia, Asia, East, China
Read previewOil prices jumped while stocks sold off after reports of an escalation in Middle East tensions. International benchmark Brent crude oil futures rose as much as 4.2% before trading 2.8% higher at $89.54 a barrel at 11:15 p.m. EDT. The strike on Friday came days after Iran attacked Israel on Saturday with a barrage of more than 300 missiles and drones. Israel didn't claim responsibility for the strike, but Iran held it accountable and vowed retaliation. Oil markets shrugged off Iran's attack on Israel as the market assessed the conflict would remain contained.
Persons: , Israel didn't, Israel, Kyle Rodda, Rodda Organizations: Service, Brent, US West Texas, Business, ING, Stock Locations: East, Israel, Iran, Iran's, Damascus, Syria
"We downgrade HON to Hold as we only see 10% upside to our new, lower $215 price target." Goldman Sachs initiates GE Vernova as buy Goldman said it's bullish on the company's electrification opportunity. " Goldman Sachs initiates DraftKings as buy Goldman said the sports betting company is a "revenue compounder." "We initiate coverage on Genius Sports Ltd. (GENI) with a Buy rating and a 12-month price target of $7.50 (40% upside)." Argus upgrades Goldman Sachs to buy from neutral Argus upgraded Goldman Sachs following its earnings report on Monday.
Persons: Evercore, Reddit, JPMorgan, Tesla, Goldman Sachs, Goldman, it's bullish, Wells, Needham, Morgan Stanley, it's, AUNA, William Blair, Cantor Fitzgerald, Klaviyo, Cantor, SYNNEX, Baird, Guggenheim Organizations: Evercore, Nvidia, UBS, Deutsche Bank downgrades Honeywell, Deutsche, Bank of America, of America, JPMorgan, Citi, Coty Citi, COTY, GE Vernova, Genius Sports Ltd, HSBC, Devices, AMD, KR, Apple, Barclays, Tyson, TSN, Emerging Athletic Brands, Crown Holdings, Argus, Goldman, Netflix, Guggenheim, NASDAQ, Deutsche Bank, General Motors, GM
Joint concerns over China’s increasing assertiveness under Xi, including toward Taiwan, are a key driver of that summit. Chinese leader Xi Jinping shakes hands with then Taiwan President Ma Ying-jeou before their meeting in Singapore on November 7, 2015. Taiwan's former President Ma Ying-jeou speaks to reporters ahead of his visit to China at the Taoyuan International Airport on April 1, 2024. Ma Ying-jeou” or former chairman of the KMT, with no mention of his former role as the president of Taiwan. Reaction in TaiwanMa’s itinerary – and his meeting with Xi – has been closely watched in Taiwan.
Persons: Xi Jinping, Ma Ying, Xi, Chiang Kai, Eric Chu, Ma, ” Chu, Lai Ching, Joe Biden, Biden, Fumio Kishida, Roslan Rahman, Amanda Hsiao, , underscoring, ’ ”, Tsai Ing, , Lai, Lai’s, fixating, , ” Sung, China –, Ma’s, Hsiao, Yan Zhao, Mr, Sun, Xi –, Sung, ” Ma, James Chen Organizations: Hong Kong CNN, Beijing, Kuomintang, KMT, China’s, shek’s Nationalists, , Democratic Progressive Party, CNN Beijing, Japanese, Getty, International Crisis, Atlantic, , Taoyuan International Airport, Communists, Nationalists, Atlantic Council, Taiwan’s Tamkang University, DPP Locations: China, Hong Kong, Taiwan, Beijing, Taipei, Singapore, Washington, Japan, Philippines, AFP, Taoyuan, Guangzhou, Republic of China, Shaanxi, United States, China . Washington
Trump's playlist comprises classic hits like Lionel Ritchie's "Hello" and Elvis' "Suspicious Minds." Trump's DJ-ing appears to have become a popular fixture at his clubs, with regulars nicknaming him "Deejay T," per Axios. Trump's playlist, an individual close to the former president told Axios, was all about having "big names and songs people recognize." AdvertisementThis isn't the first time Trump's DJ-ing has come under the spotlight. 'Y.M.C.A.,'" Trump said.
Persons: Donald Trump, Lionel Ritchie's, Elvis, , DJ, Trump's, nicknaming, Christ, James Brown, Luciano Pavarotti, Axios, Page, Trump, I've, Rihanna, Pharrell Williams Organizations: Service, Opera, Mar, Boys, NELK, Village People, Trump, Business Insider Locations: he's, Florida, New Jersey, Mar, Bedminster , New Jersey
Inflation in the 20-nation euro zone eased to 2.4% in March, according to flash figures published on Wednesday, boosting expectations for interest rate cuts to begin in the summer. Economists polled by Reuters had forecast the rate would hold steady against the previous month at 2.6%. The core rate of inflation, excluding energy, food, alcohol and tobacco, cooled from 3.1% to 2.9%, also coming in below expectations. Markets expect the euro zone's central bank will begin lowering borrowing costs in June — a position reflected in the recent messaging of ECB decision-makers. "Inflation has declined despite a jump in energy inflation, and a boost from an early Easter.
Persons: European Central Bank —, Price, Robert Holzmann, Carsten Brzeski, Kamil Kovar, Kovar Organizations: Reuters, European Central Bank, ECB, ING, Moody's Locations: Rome, Italy, France, Spain, Germany, Austrian
If she does not course-correct, she’s headed for another shellacking by the circuit – and possible removal from the case. That statute outlines the parameters between a president’s official and personal records, and sets up processes for how official documents are preserved. If this were true, the mere fact that Trump took the documents with him from the White House would inherently turn them into personal records. Importantly, Smith asked Cannon to let both parties know “promptly” how she viewed the law. Ejecting her from the case would be extremely unusual and Smith does not mention seeking it in his papers.
Persons: Norman Eisen, Trump, Danya Perry, Perry Guha, Joshua Kolb, Jack Smith, Donald Trump’s, Smith, Aileen Cannon, Donald, Cannon, she’s, counterarguments, Cannon’s, , fashioning, Organizations: Democrats, Brookings, New, Public, CNN, Appeals, Circuit, Trump, Records, National Archives, Records Administration, White Locations: Lago, Bedminster , New Jersey
The 2-year Treasury note yield was flat at 4.712%. The 10-year Treasury note yield rose slightly Tuesday, adding to its gains from the previous session, as traders reassessed the possibility of the Federal Reserve cutting rates in June. The ISM manufacturing index rose to 50.3, up from 47.8 in February and significantly better than the 48.1 Dow Jones consensus estimate. Markets interpreted the unexpected return of U.S. manufacturing growth "as reducing the chances of meaningful Fed rate cuts," Dutch bank ING said in a research note. The Fed also said at the time that it still expects three quarter-percentage point cuts by the end of the year.
Persons: Gregory Faranello, Jeff Cox, Fred Imbert Organizations: Federal Reserve, Dow Jones, ING, AmeriVet Securities Locations: U.S
Cramer's Lightning Round: Tyler Technologies is a buy
  + stars: | 2024-04-01 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Tyler Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon Kodiak Gas Services' year-to-date stock performance. Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon United Airlines' year-to-date stock performance. Stock Chart Icon Stock chart icon Fastly's year-to-date stock performance.
Persons: Tyler, stock's, you've, Vita, Vita Coco, Coco, I'm Organizations: Tyler Technologies, Cisco Systems, Kodiak Gas Services, United Airlines
These are the main aspects of working in Sweden that other cultures might find surprising. AdvertisementSupport for working parentsIn Sweden, parental leave has become an incubator for new ideas and people often change career direction during their leave. Being on leave gives you time to think with some distance from everyday life. I have been financially supported during my parental leave and as my children grow. Collective bargaining, another tenet of Swedish working culture, prioritizes employee needs and gives more power to the employee.
Persons: , Sofia Brandt, Ally, There's, they're VAB, I'd, wouldn't, that's Organizations: Service, Accenture, Business Locations: Gothenburg, Sweden, American, San Francisco, America
But with Russian forces still inside the country and millions of Ukrainians displaced from their homes, fighting on the frontlines, or living overseas, there is no election in sight. Although Sunday is the day the constitution says Ukraine should be voting, it also does not allow it during wartime. He would have voted for Zelensky five years ago if he had had the chance and would vote for him now. Last August, President Zelensky was asked for his position in an interview on Ukrainian television and sounded sympathetic to holding a poll. As the United States Congress continues to dither over new military aid, elections in Ukraine became folded into the debate by some Republicans.
Persons: Volodymyr Zelensky, Zelensky, Viktor Yanukovych, Mykola Lyapin, Kateryna Bilokon, Yanukovych, , Jamie Oliver, , , Oleksiy Koshel, Zelensky’s, Vivek Ramaswamy, Lindsey Graham, , ” Zelenskiy, Valentyn Ogirenko, Graham, Ruslan Stefanchuk, ” Stefanchuk, disenfranchisement, Oleksandr Voitko, Valerii, Maria Kostenko, Victoria Butenko Organizations: CNN —, Republicans, Sunday, Putin, CNN, Zelensky, Kyiv International Institute of Sociology, Russia, United States Congress, Republican Party, South, 47th Brigade, Locations: Ukraine, Kyiv’s, Europe, United States, , South Carolina, Kyiv, Russian, Avdiivka, Italy, Russia
Taiwan Sees US Support Unchanged No Matter Who Wins Election
  + stars: | 2024-03-27 | by ( March | At P.M. | ) www.usnews.com   time to read: +2 min
TAIPEI (Reuters) - Taiwan's foreign ministry said on Thursday it believes U.S. support will remain unchanged no matter who wins the presidential election, but it will stay on guard for Taiwan-China issues being "manipulated" as the campaign heats up. In a report to lawmakers, Taiwan's foreign ministry noted that even though the U.S. election's outcome was not certain, there was cross-party support for the island. Taiwan will continue to have balanced exchanges with both parties, but needs to be on guard for how Taiwan-China issues may feature in the election, the ministry added. Meeting Taiwan President Tsai Ing-wen in Taipei on Thursday, U.S. "This includes a strong Taiwan maritime strategy and how we can work together on shared goals to counter China on their increasingly aggressive actions in the region."
Persons: Trump, Joe Biden, Tsai Ing, Jack Bergman, Bergman, Donald Norcross, Jimmy Panetta, Taiwan's, Ben Blanchard, Fabian Hamacher Organizations: Taiwan, Republican, House Armed Services, Democratic Locations: TAIPEI, Taiwan, China, U.S, Taipei, United States
Abuja, Nigeria CNN —A Nigerian woman who wrote an online review of a can of tomato puree is facing imprisonment after its manufacturer accused her of making a “malicious allegation” that damaged its business. Her post, accompanied by a photo of an opened can of Nagiko Tomato Mix, produced by local company Erisco Foods Limited, sparked varied reactions from commenters, one of whom replied: “Stop spoiling my brother’s product. This case is due to be heard on May 20, her lawyer, Inibehe Effiong, told CNN. National police spokesman Olumuyiwa Adejobi told CNN he could not comment on the case as the matter was in court. Hard to proveNigerian legal and public affairs analyst Kelechukwu Uzoka told CNN that there are limits to the freedom of speech defense.
Persons: Nigeria CNN —, Chioma, ” Okoli, Okoli, Erisco, , , Inibehe Effiong, Nwokolo, who’s, Effiong, couldn’t, Olumuyiwa Adejobi, ” Adejobi, David, ” Effiong, Kelechukwu Uzoka, Eric Umeofia Organizations: Nigeria CNN, CNN, Facebook, Erisco Foods, Nigeria Police Force, Okoli, National, , Amnesty Locations: Abuja, Nigeria, Lagos, West African, , ” The Lagos, Erisco’s Lagos
Why are bidets just now getting popular in America?
  + stars: | 2024-03-24 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +8 min
It took a toilet paper shortage for some to come around to the 18th-century invention. A common reason why bidets aren’t used in the US is that during World War 2, American soldiers saw brothels utilizing bidets. Big Toilet PaperWhen the great toilet paper shortage hit in 2020, many Americans realized there could be another way to clean themselves. Using toilet paper had seemed, somehow, American, with toilet paper jokes a staple in bathroom humor and “TP-ing” a stereotypical rite of passage for teens. With the toilet paper mania, she decided to kill two birds with one stone and splurge on a Tushy.
Persons: bidets, – washlets, , James Lin, Lin, Miki Agrawal, Toto, “ Gosh, ” Joe, aren’t, Elisabeth of Bavaria, Carl Knoll, Joe, Agrawal, can’t, ” Atieh, ” Derek Rucker, Rucker, Mikaela Koelzer, Koelzer, ” Koelzer, Organizations: New, New York CNN, CNN, Carl Knoll Porcelain, Kellogg School of Management Locations: New York, bidetking.com, American, Michigan, France, Europe, East, East Asia, Japan, United States, Carlsbad, Gmunden, Spain, Indian, Illinois, Jordan, Chicago
The BOJ will now look to utilize its short-term interest rate as its primary policy tool. It will employ an interest rate of 0.1% to current account balances held by financial institutions at the central bank from March 21, while encouraging the uncollateralized overnight call rate (another interest rate used as a policy lever by the bank) to remain at around 0 to 0.1% — effectively raising interest rates from -0.1% previously. It would resort to "nimble responses" in the form of increased Japan government bond purchases and fixed-rate purchases of JGBs, among other things, if there is a rapid rise in long-term interest rates. Japanese investors have looked elsewhere for better returns given years of artificially depressed interest rates in their home market. The Fed is due to announce its own interest rate decision on Wednesday.
Persons: Japan Alexander Spatari, Kazuo Ueda, Rob Carnell, BOJ, Ueda, Michael Brown, , JGBs, Vishnu Varathan, Hayden Briscoe, Briscoe Organizations: Japan's, Japan Inc, Asia, ING, CNBC, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial Group, Bank of America, Barclays, U.S . Federal, UBS Asset Management Locations: Dotonbori, Japan, Japan's, U.S, Mizuho's, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGood to see the Bank of Japan moving back into the 'realms of normality': ING economistRob Carnell of ING discusses the Bank of Japan's historic decision to raise interest rates for the first time in 17 years.
Persons: Rob Carnell Organizations: Bank of Japan, ING, Bank of
New bank lending in China fell more than expected in February from a record high the previous month, even as the central bank seeks to spur sluggish economic growth and fight deflationary pressures. New bank lending in China fell more than expected in February from a record high the previous month, even as the central bank seeks to spur sluggish economic growth and fight deflationary pressures. Outstanding yuan loans grew 10.1% from a year earlier — the lowest on record — compared with 10.4% growth in January. Analysts polled by Reuters had predicted new yuan loans would fall to 1.50 trillion yuan in February from 4.92 trillion yuan the previous month and against 1.81 trillion yuan a year earlier. Chinese banks made 6.37 trillion yuan in new yuan loans in the first two months of 2024, data released by the central bank showed on Friday.
Organizations: People's Bank of China, Analysts, Reuters, ING, Consumer Locations: Beijing, China
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