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☆ CNBC Daily Open: Expectations can move shares in strange ways — just look at Nvidia
▼ + stars: | 2024-11-22 | 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. Markets digest Nvidia earningsU.S. markets rose on Thursday after digesting Nvidia's earnings release. [PRO] Stimulus boosting Chinese marketsChinese markets are "turning a corner" after the Beijing unleashed several stimulus measures to boost the economy, said HSBC . "The market has so far reacted positively to these initiatives,' analysts from HSBC wrote in a Nov. 19 note, in which they picked two Chinese stocks to hold for 2025.

Persons: Hong, Aftereffects, Gautam Adani, CNBC's Ganesh Rao Organizations: CNBC, U.S . Department of Justice, Google, Chrome, Nikkei, Bank of Japan, Reuters, Adani, Motors, Germany's Volkswagen, Nissan, HSBC Locations: Asia, Pacific, Japan, U.S, India, China, Beijing

☆ Trump will win second term, CNN projects, in historic comeback after losing four years ago
▼ + stars: | 2024-11-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +27 min

Trump’s supporters see him as a unique figure whose blunt, sometimes vulgar and often racially suggestive rhetoric reveals him as a scourge of political correctness. Austin Steele/CNN Trump supporters hold up posters that read "47" as they attend an election watch party in Chandler, Arizona. Go Nakamura/Reuters Trump supporters cheer at his election night watch party in West Palm Beach. George Walker IV/AP Trump supporters watch election results come in at his election night party at the Palm Beach County Convention Center. Patrick T. Fallon/AFP via Getty Images Trump and his wife, Melania, walk up to the press after voting in Palm Beach, Florida, on Tuesday.

Persons: Donald Trump, Trump, ”, Kamala Harris, Joe Biden’s, Trump’s, he’s, Harris, Jack Smith, Melania, Barron, “, Will Lanzoni, CNN Trump, Ian Maule, Austin Steele, Go Nakamura, Jeff Roberson, Vincent Alban, Chet Strange, Leah Charles, Tianna Adams, George Walker IV, Christian Monterrosa, Shelby Knowles, Jason Bean, Rebecca Blackwell, Leah Millis, Brynn Anderson, Matt York, Paul Kuehnel, David Robert Elliott, Nathan Howard, San Francisco Columbarium, Jeff Chiu, Nicole Craine, Ernesto Benavides, Steven Vandenburgh, Charlie Riedel, Lindsey Wasson, Andres Leighton, Butch Wilmore, Suni Williams, Nick Hague, Don Pettit, Hague, Eva Marie Uzcategui, Matt Slocum, Susan B, Anthony, Lauren Petracca, Richard Burkhart, Ronald Reagan, Chris Pizzello, Rebecca Droke, Jay Janner, Ken Brandon, Charlie Neibergall, Scott Morgan, John Locher, Jordan Dunson, Chris Lachall, Bill Clark, David Goldman, David Dee Delgado, Suzanne Kreiter, Ryan Collerd, Joseph Prezioso, Charles Rex Arbogast, Patrick T, Fallon, Evan Vucci, Nam, Rebecca Cook, Elijah Nouvelage, Ed Jones, Jonathan Drake, Reuters Ohio Sen, JD Vance, Carolyn Kaster, Carlos Berríos Polanco, Skye, Quinn Glabicki, Jose Luis Magana, RJ Sangosti, Robyn Beck, Zach Boyden, Holmes, Mike Stewart, Carlos Osorio, Steven Senne, David Paul Morris, Kayria Hildebran, Jenny Kane, Joe Biden, Craig Hudson, Bing Guan, Scott Olson, Lynne Sladky, Allison Joyce, Megan Varner, Scott Graham, Adam Bettcher, RONDA CHURCHILL, Hillary Clinton, –, Smith, Mostafa Bassim, Vladimir Putin, Trumpism, Mike Pence, Sen, Stephen Maturen, Grover Cleveland Organizations: CNN, Washington, Trump, GOP, Republican Party, Capitol, ” Overseas, Howard University, CNN Trump, Reuters Trump, West Palm Beach, Republican, Reuters, Carolina, AP Trump, Convention, Center, Bloomberg, Getty, Empire, People, Reno Gazette, USA, Florida's, AP Observers, Spelman College, AP, York Hospital, Kansas City Urban Youth Academy, New York Times, CNN Howard University, San Francisco, AP Voters, NASA, Space, Mount Hope, Savannah Morning, Voters, Ronald Reagan Presidential, Austin American, Statesman, Hartford Memorial Baptist Church, Honda, Allegiant, Las Vegas Raiders, First Presbyterian Church, City, Inc, First Presbyterian, of, Boston Globe, Getty Images Trump, College Park ,, Getty Images Workers, Sipa, US, Denver Post, City of, Reuters Voters, City Hall, Atlanta's, Museum of Art, Pisgah Baptist, Secret Service, Republicans, Justice Department, White, Police, Anadolu Agency, NATO, Hezbollah, House, Herb Brooks National Hockey Center Locations: Lago, America, Wisconsin, Georgia, Pennsylvania, North Carolina, ”, West Palm Beach , Florida, Las Vegas, Washington , DC, Chandler , Arizona, West Palm Beach, West Palm, Pewaukee , Wisconsin, Denver, Greensboro , North Carolina, Beach, Fulton, Fairburn , Georgia, New York, Reno , Nevada, St . Petersburg , Florida, Philadelphia, Atlanta, Phoenix, York , Pennsylvania, Kansas City , Missouri, Waleska , Georgia, Navajo, Kayenta , Arizona, AFP, Lawrence , Kansas, Seattle, Chinle , Arizona, West Chester , Pennsylvania, Rochester , New York, Garden City , Georgia, Savannah, Simi Valley , California, Pittsburgh, Austin , Texas, Hartford, Detroit, Omaha , Nebraska, Savannah , Georgia, Camden , New Jersey, San Francisco, Alexandria , Virginia, of Dearborn , Michigan, Boston, Lancaster , New Hampshire, Chicago, Palm Beach , Florida, College Park, College Park , Georgia, Leicester , North Carolina, Reuters Ohio, Cincinnati, Dearborn , Michigan, Caguas , Puerto Rico, Springfield , Pennsylvania, Dixville, New Hampshire, City, City of Industry , California, Des Moines , Iowa, Charlotte , North Carolina, Grand Rapids , Michigan, Providence , Rhode Island, Henderson , Nevada, Bronx, Portland , Oregon, Oregon, New Castle , Delaware, Pisgah, Pisgah Baptist Church, Brooklyn, Kenosha , Wisconsin, Miami, Wilmington , North Carolina, Minneapolis, United States, Manhattan, Butler , Pennsylvania, Ohio, Washington, Florida, British, Ukraine, Europe, Taiwan, Israel, Gaza, Lebanon, Iran, Afghanistan, St Cloud , Minnesota

☆ Groundbreaking telescope reveals first piece of new cosmic map
▼ + stars: | 2024-10-26 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

Astronomers have never detected dark matter, but they believe it makes up about 85% of the total matter in the universe. Meanwhile, the existence of dark energy helps researchers explain why the universe is expanding — and why that expansion is speeding up. A prime example is the European Space Agency’s wide-angle Euclid telescope that launched in 2023 to investigate the riddles of dark energy and dark matter. Euclid this week delivered the first piece of a cosmic map — containing about 100 million stars and galaxies — that will take six years to create. These stunning 3D observations may help scientists see how dark matter warps light and curves space across galaxies.

Persons: Jackie Wattles, I’m, Vera C, Sarah Gillis, John Kraus, Chenyang Cai, Everest, NASA hasn’t, gazers, Ashley Strickland, Katie Hunt Organizations: CNN, ESA, US National Science Foundation, Stanford University, Rubin, SpaceX, SpaceX Polaris, Polaris, NASA, Boeing, CNN Space, Science Locations: Chile, Uzbekistan, Norway, Myanmar, Florida

She found exactly what she was looking for in the NBC missing persons procedural drama “Found,” which returns for its sophomore season on Thursday. That story cited the Black and Missing Foundation, a nonprofit dedicated to bringing awareness to missing people of color. Okoro Carroll did not consult the organization until the end of the first season, but said the founders have given their seal of approval. Okoro Carroll began researching the role that public relations play in missing persons cases, which the Department of Justice has said can add up to 600,000 new missing people every year. Trae Patton / NBCUniversalAt the time, Okoro Carroll knew that a show with a deeply flawed Black female lead would be a hard sell for network TV.

Persons: Veronica Fisher, ” Shanola Hampton, Nkechi Okoro Carroll, Hampton, Gabi Mosley, ” Hampton, hasn’t, ”, Okoro Carroll, Gabi, Sir, “, Mark, Paul Gosselaar, Nkechi Okra Carroll, Shanola Hampton, Kelli Williams, Trae Patton, Shonda Rhimes, Kerry Washington’s Olivia Pope, Viola Davis ’ Annalise Keating, —, antiheroes, Viola, Kerry, Shonda, Gaby “, I’m, Brett Dalton, Mark Trent, Anisa Nyell Johnson, Shaker, Karan Oberoi, Dahn, Margaret, NBC's, Matt Miller, Gabi’s, Lacey, Gabrielle Walsh, she’s, He’s, Sonay Hoffman, we’re, we’ve Organizations: Showtime, NBC, “, NBC News, D.C, Department of Justice, Bell, Comcast Locations: Washington, Pasadena , Calif, Hampton, “

☆ Opinion: Credibility is the key at Trump trial
▼ + stars: | 2024-05-19 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

The idea that Cohen talked to Trump about Daniels on that call “was a lie,” Blanche alleged. Moreover, my experience has been that juries don’t decide based upon one moment — they base their judgment on an overall view.”There were allegedly three parties aware of the scheme to conceal the real reason Trump paid Cohen more than $400,000 in supposed legal fees: Trump, Cohen and Allen Weisselberg, then-chief financial officer of the Trump Organization. “Weisselberg could be the linchpin to validate Cohen’s claims about Trump agreeing to reimburse him through Trump Organization, as a business expense,” wrote attorney Stacy Schneider. Trump seems to be tempted to go mano a mano and show that he is better fit to be commander-in-chief. The new requirement for GOP politicians wanting to demonstrate their loyalty to Trump seems to be visiting the Manhattan courthouse where he’s on trial.

Persons: CNN —, ” Mark Twain, “, Twain, ” Michael Cohen, Donald Trump, —, Trump, Stormy Daniels, Todd Blanche, Cohen, Norm Eisen, Blanche, ”, pummeled Cohen, Robert Mueller, Nick Anderson, Agency Cohen, Keith Schiller, Daniels, ” Blanche, ” Eisen, don’t, Allen Weisselberg, Stacy Schneider, Weisselberg, David Zurawik, “ I’ve, Sen, Robert Menendez, He’s, George Santos ., CNN “ It’s, he’s, ‘, Henry Cuellar, ” Cupp, Drew Sheneman, Georgia —, Vladimir Putin’s, Frida Ghitis, ” Ghitis, Joe Biden’s, ” Dana Summers, “ Biden, ” Julian Zelizer, mano, Biden, ” Bill Bramhall, Stephanie Griffith, Howard Tucker, Gayle Fleming, Michael Ventura Gayle Fleming, Biden —, ” Tom Brady’s, Kara Alaimo, Tom Brady “, Kevin Hart, Gisele Bündchen, Brady, Benjamin, Vivian, ’ Brady, ’, Alaimo, Brady didn’t, Nafees Syed, Kamel El Hilali, Andrew Borene, freakout Scott Stantis, Jeff Yang, … ” Brown, Keith Magee, Brown, backpedaling, Forget, Doug Burgum, Scott Jennings, Burgum’s, Bill Bramhall, Content Agency Clarence Thomas Washington, Clarence Thomas ’, Dean Obeidallah, Thomas, Harlan Crow, ” Clay Jones, John Oliver’s, Steve Vladeck, “ Thomas, ” Don’t, Clayton Swope, Dan Perry, Netanyahu, Jill Filipovic, Miss Teen USA Mary Ziegler, Bob Kolasky, Megan L, Ranney, Karen Tang, Halle Berry, Naomi Watts, Jonathan Yeo, King Charles III, Aaron Chown, Holly Thomas, King Organizations: CNN, Trump, Tribune, Agency, Trump Organization, Twitter, Facebook, DC, Robert Menendez of New, GOP, ” Texas, White, Europe, Russia, Kyiv, Biden, ABC, Democratic Party, Netflix, Garden State, Content Agency, Capitol, Consumer Financial, Board, Fifth Circuit, ICC, Miss USA, Miss Teen USA, Buckingham Palace, Royal Locations: New York, Robert Menendez of, Robert Menendez of New Jersey, Russian, Ukraine, Slovakia, Georgia, Soviet Republic, United States, Cleveland, “, Manhattan, North, . North Dakota, ” That’s, Louisiana , Mississippi, Texas, Florida’s, Buckingham

☆ An Earthquake Startled the Northeast
▼ + stars: | 2024-04-05 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

A 4.8-magnitude earthquake sent tremors from Philadelphia to Boston this morning, rattling New York City skyscrapers and surprising many East Coasters. The earthquake struck at 10:23 a.m. Eastern, with an epicenter near Whitehouse Station, N.J. — about 40 miles west of New York City — according to the United States Geological Survey. It was the largest quake within 250 miles of Manhattan in more than 30 years, and the third largest since the data began in 1957. New Yorkers are more familiar with much smaller tremors, which usually go unnoticed in a city full of rumbles. The city is also filled with old brick buildings, and officials said they remained concerned about the aftereffects of the quake.

Organizations: United States Geological Survey Locations: Philadelphia, Boston, New York City, Whitehouse, N.J, Manhattan

☆ Trump state prosecutions reach a critical point on the same day in two cities
▼ + stars: | 2024-02-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

The high-stakes hearings nearly 900 miles apart speak to the extraordinary entanglement of the 2024 election and Trump’s legal quagmire that now spans multiple presidential elections. Thursday will not even be the first time this week that the ex-president’s legal plight is playing out in two separate cities. The ruling could remove Trump’s capacity to do business in New York — the city where he made his name. As the expected first criminal trial, the New York case could still have important political implications. But the impact of Trump’s legal problems on a wider electorate is still to be tested.

Persons: Donald, Trump, Fani Willis, Joe Biden’s, Scott McAfee, Willis, quagmire, “, ”, ” Trump, Jack Smith, Smith, Juan Merchan, Stormy Daniels, McAfee, Nathan Wade, ” McAfee, Trump’s, Michael Roman, Wade, Roman, Anna Cross, ” Willis, Michael Moore, he’s Organizations: CNN, Fulton, Trump Organization, Trump, Big, Big Bethel AME Church, Middle, Middle District of Locations: New York, Georgia, Fulton County, York, Fort Pierce , Florida, Washington, South Carolina, Georgia In Georgia, Big Bethel, Atlanta, Middle District, Middle District of Georgia

☆ The Vision Pro's scary side effect
▼ + stars: | 2024-02-11 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

The reviews are in, and the tech press is lauding the Apple Vision Pro headset for delivering on the company's promises. Apple and Meta are hoping that this virtual world will be so compelling that you won't just visit. Apple Vision Pro AppleThese are all, as the IT people say, known issues. When people adapt to a perceptual change for long enough, the real world starts to look wrong in the opposite direction. In the meantime, while he's doing his work, maybe don't forget to take that Vision Pro off once in a while.

Persons: It's, They're, you'll, Jeremy Bailenson, You've, That's, they're, techies, Bailenson's, passthrough, Bailenson, doesn't, I've, William Gibson, We've, he's, Adam Rogers Organizations: Apple, Meta, Stanford, Honda, Business

☆ Elon Musk is about to find out if ultimatums really work
▼ + stars: | 2024-01-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the ultimatum Elon Musk gave Tesla's board amid a critical time for the company. The big storyElon's ultimatumREUTERS/Steve NesiusUltimatums rarely work in relationships, but what about between CEOs and the massive companies they run? Elon Musk is about to find out. Musk, who has roughly a 13% stake in the EV maker, said if his request isn't met, he'll "prefer to build products outside of Tesla." Meanwhile, Ross Gerber, a longtime Tesla bull, said it's "absurd" to think Musk doesn't already have control over Tesla and described his request as "blackmailing the Tesla shareholders."

Persons: —, Antony Blinken, Elon Musk, Steve Nesius Ultimatums, Elon, isn't, didn't, Wedbush's Dan Ives, Musk's, Ross Gerber, Tesla, Dow Jones, George Glover, That's, cowering, Caspar Benson, Jamie Dimon, dory, Trump, Ray Dalio, Biden, Evan Spiegel's, Hokyoung Kim, They've, Kristen Stewart, Christopher Nolan, Maite Alberdi, Celine Song, Eugene Lee Yang, Dave Bautista, Kevin Costner, Estelle, AA Milne, Jay Chou, Jennifer Ortakales Dawkins Organizations: Service, Boeing, Business, Tesla, EV, Apple, Microsoft, Nvidia, Getty, Intellia Therapeutics, Shoals Technologies, JPMorgan, Biden, Bridgewater Associates, Trump, Alliance, Helicopter, BI, Sundance, Northern Trust Locations: Switzerland, Tesla, Northern

Political Cartoons View All 1256 Images“I know that late in the game, fourth quarter, we're within a score, I want the ball," he added. Stafford looked sharp on a series of impressive late throws, none better than a picturesque 32-yard fling to rookie Puka Nacua. The Seahawks ultimately couldn’t stop the Rams' ground game in the fourth led by Royce Freeman, who rushed for 73 yards. Metcalf caught a TD pass in the first quarter for Seattle, which also committed 12 penalties for a whopping 130 yards. “This was the most disappointing loss for us because of the way we did it," Seahawks coach Pete Carroll said.

Persons: — Matthew Stafford, Stafford, —, Lucas Havrisik, Jason Myers, Mario Edwards Jr, “, ”, you've, Geno Smith, Myers, Smith, Aaron Donald, Darrell Henderson, Derion Kendrick, Drew Lock’s, Puka Nacua, Sean McVay, Kendrick, ‘, ” Smith, DK Metcalf, Nacua, Royce Freeman, Metcalf, Pete Carroll, I’m, Jamal Adams, Jerrick Reed, RB Kenneth Walker III, Zach Charbonnet, WR Cooper Kupp didn’t, McVay, Cobie Durant, ___ Organizations: Los Angeles Rams, Rams, Super, Seahawks, Seattle, SoFi, 49ers, Los Angeles, RB, Super Bowl, UP NEXT, Thursday Locations: INGLEWOOD, Calif, Los Angeles, Los, Myers, Francisco, Arizona

☆ An ideal scenario for the stock market is taking shape as the economy looks set to keep growing without lifting inflation
▼ + stars: | 2023-11-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The economy can still grow without driving inflation, and that would be an ideal scenario for the stock market. AdvertisementAdvertisementThe latest economic data suggests a type of Goldilocks scenario is about to play out in both the economy and stock market. AdvertisementAdvertisement"We think the economy started a productivity growth boom in early 2016 that was interrupted by the pandemic. This year, our growth is being driven by productivity... productivity driven growth brings inflation down, it's good for earnings, but it does drive yields up. For evidence of a surge in productivity growth, he pointed to the fact that job hirings have slowed this year compared to last year, but GDP growth has surged.

Persons: Ed Yardeni, —, Yardeni, Wharton, Jeremy Siegel, Siegel Organizations: Service

☆ A Summer Rite in Spain: Coping With the British Tourist Invasion
▼ + stars: | 2023-08-20 | by ( David Segal | More About David Segal | ) www.nytimes.com time to read: +1 min

A fit and ruddy 19-year-old with blond hair and a sheepish smile, James Henderson is tanning on a beach in Magaluf, a town on the Spanish island Mallorca that has long been the destination of choice for young Britons in search of a boozy holiday in the sun. Asked to recount the revelry of the day before, he grins like a man who has just completed a decathlon and is pretty psyched about his performance. There was a few hours of “pre-drinking,” as he put it, at his hotel, then on to Punta Ballena, a crammed and gritty strip of pubs, tattoo parlors and lap dance emporiums that bursts with action until dawn every summer day. By the time he and his vacation buddy headed to bed, at 3 a.m., they had each knocked back roughly 20 drinks over the course of 15 hours. There are also G-rated home comforts, like kebab shops, Yorkshire pudding and pubs, all at strikingly affordable prices.

Persons: ruddy, James Henderson, “, ” Mr, Henderson, Magaluf Locations: Magaluf, Mallorca, Punta Ballena, United Kingdom, London, Yorkshire

☆ Is the Fed Really Responsible For Falling Inflation? - The New York Times
▼ + stars: | 2023-08-18 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

Around this time last year there was a lot of debate, some of it ill tempered, about who deserved blame for soaring inflation. Now most of that is gone, replaced by a debate, some of it ill tempered, about who deserves credit for the rapid decline in inflation. That is, they argue that inflation is falling because the economy is finally unsnarling the kinks created by the Covid-19 pandemic and its aftereffects. Here’s the reason for the argument: As I documented the other day, as of late last year most economists expected Fed rate hikes — which have driven mortgage rates to a 21-year high — to reduce inflation. But they expected this disinflation to come at the cost of a substantial rise in unemployment.

Organizations: Fox, Federal Reserve

☆ Janet Yellen explains her ‘magic mushroom’ experience in China
▼ + stars: | 2023-08-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —US Treasury Secretary Janet Yellen ate a “magic mushroom” on a recent trip to Beijing, but the aftereffects don’t sound that special. CNN’s Erin Burnett spoke to her Monday, asking about the “mushroom experience” that set off a social media frenzy and dramatically boosted business for a Yunnan restaurant chain, where Yellen ate the local jian shou qing. I learned that later,” Yellen said about the group dinner that clarified that she didn’t organize nor did she do the ordering. Yellen’s July trip to the Yunnan restaurant chain, called Yi Zuo Yi Wang (In and Out), garnered attention for the highly sought-after mushroom prized for its unique properties. Rather, the chain specializes in Yunnan food, a popular regional cuisine from part of southwestern China that borders Vietnam, Laos and Myanmar.

Persons: Janet Yellen, CNN’s Erin Burnett, Yellen, jian shou qing, ” Yellen, Erin Burnett, Yi Zuo Yi Wang, Jian shou qing, ”, Yellen’s Organizations: New, New York CNN Locations: New York, Beijing, Yunnan, China, Vietnam, Laos, Myanmar

☆ Let go of past pain: A mind-body approach to healing ancestral trauma
▼ + stars: | 2023-07-30 | by ( Jessica Dulong | ) edition.cnn.com time to read: +12 min

Hübl: First off, trauma often gets conflated with adversity itself, but it’s actually how our nervous system responds to a distressing experience. Our nervous system is trying to keep us safe. When we go through an overwhelming experience that the nervous system cannot process, we lose our relationship to life in that moment. These reactions can get frozen into our nervous system so that triggering circumstances stir up trauma responses. This helps me train my nervous system to strengthen pathways for self-awareness, creating an inner mindfulness.

Persons: Thomas Hübl, Thomas, Hübl, ”, it’s, It’s, I’m, “ Othering, we’re, There’s, Jessica DuLong Organizations: CNN Locations: Brooklyn , New York

☆ New studies shed light on how genes might shape a person’s experience with Covid-19
▼ + stars: | 2023-07-19 | by ( Brenda Goodman | ) edition.cnn.com time to read: +7 min

New research is exploring another dimension to the puzzle of how people experience this infection: genes. Hollenbach says it’s the job of HLA molecules to present pieces of proteins to the immune system so they can be recognized if they’re ever encountered again. The researchers then took a closer look at this group to see if there were any similarities in the genes that coded for their HLA molecules, and there were. So folks with these HLA molecules likely already had some preexisting immunity against SARS-CoV2 and were able to clear the virus before it caused symptoms, Hollenbach said. Genes, Zeberg said, are likely only one part of reason why someone develops long Covid, and there are probably a slew of genes involved.

Persons: Covid, ”, Jill Hollenbach, Hollenbach, they’re, “, ” Hollenbach, they’d, it’s, Gene, Dr, Sanjay Gupta, Hugo Zeberg, Zeberg Organizations: CNN, University of California, San Francisco’s Weill, for Neurosciences, Karolinska Institute, Get CNN, CNN Health, Karolinska . Genes Locations: San, Stockholm, FOXP4

☆ Debt ceiling deal done? Here's what's next for bond ETF investors
▼ + stars: | 2023-06-10 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +2 min

With an agreement on the debt ceiling easing concerns on the macro level, the aftereffects of avoiding default could pose new challenges for bond exchange-traded fund investors. "Now [The Fed] is going to hit it with trillion dollars of sales that will make short-term Treasury rates rise," he said. Additionally, the trillion dollars taken out of the regional banking system and placed into money market funds added pressure on big and systemic banks, he said, increasing the Fed's constraint. As money market yields continue to rise, Lutnick said he sees capital continuing to flow out of equities and into money market funds and Treasury bond ETFs. "You're going to see the stock market go sideways, but the bond market is going to continue to draw in money and get a lot of power," Lutnick said.

Persons: Howard Lutnick, CNBC's Bob Pisani, Lutnick, Billy Hult, Hult, That's Organizations: Treasury Locations: Treasurys

☆ Firms are bringing production back home because of the Ukraine war, China's slowdown — and TikTok
▼ + stars: | 2023-06-01 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

Earnings calls discuss 'reshoring'A number of banks noted mentions of the domestic manufacturing trend in U.S. earnings calls for the most recent quarter. And we have never … got the target right," McRaith told an audience at a supply chain conference organized by software company o9 Solutions in April. Bill McRaith Former chief supply chain officer, PVHMcRaith, a former chief supply chain officer at Tommy Hilfiger-owner PVH , said the apparel industry both over-orders and under-orders stock by about 20% to 25%. If we build an economy based on electrification and batteries, it's going to be really important to control our own supply chain. "If we build an economy based on electrification and batteries, it's going to be really important to control our own supply chain," he told CNBC's "Street Signs Asia" in April.

Persons: Luke Sharrett, Savita Subramanian, Ryan Grabinski, they're, Bill McRaith, McRaith, PVH, Tommy Hilfiger, we've, Shein, Jade Gao, it's, Keith Phillips, Joe Biden, CNBC's, Elon Musk, Phillips Organizations: European Union, Bloomberg, Getty, Bank of America, UBS, Securities, o9 Solutions, CNBC, AFP, U.S ., Reshoring, EV, U.S, EVs Locations: China, Ukraine, U.S, Europe, Brazil, Guangzhou, U.S . U.S, Corpus Christi , Texas, Tennessee, United States

☆ New York City teachers say students are increasingly coming to school high: report
▼ + stars: | 2023-05-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

New York City teachers say children are increasingly coming to school high, per The New York Times. But the proliferation of unlicensed smoke shops has become a major issue among city officials. Gale Brewer, a New York City council member, pointed to the growing number of unregulated vape shops in the city — using her own Upper West Side district as a barometer. New York City Eric Adams has pledged to go after unlicensed smoke shops, but he has not yet taken broad steps do so, per The Times. Manhattan District Attorney Alvin Bragg Jr. has also taken a firm stance against unlicensed shops by floating evictions, but his office has not yet gone through with such actions.

☆ Fed's Powell says tighter credit conditions ease rate hike pressure
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: 1 min

NEW YORK, May 19 (Reuters) - Federal Reserve Chairman Jerome Powell said Friday that the aftereffects of recent banking sector troubles takes some pressure off the U.S. central bank to raise rates. Tighter credit conditions mean that "our policy rate may not need to rise as much as it would have otherwise to achieve our goals," Powell said at a central bank conference in Washington. He spoke as the end of the Fed's rate hike cycle has come into view and markets and officials are debating whether more rate increases are needed to lower inflation. Reporting by Michael S. Derby, Editing by Franklin PaulOur Standards: The Thomson Reuters Trust Principles.

☆ Ether rallies 12% in two days, topping $2,100 after tech upgrade
▼ + stars: | 2023-04-14 | by ( Tanaya Macheel | ) www.cnbc.com time to read: 1 min

Ether, the digital token of the Ethereum blockchain, is the second-largest cryptocurrency in the world by market value. Cryptocurrencies built on their post-Shanghai/Shapella gains Friday as investors breathed a sigh of relief that Ethereum's latest tech upgrade was completed successfully and without some of the potentially negative aftereffects they initially feared. Ether rose another 5% Friday morning to $2,113.73, bringing its two-day gain to nearly 12%, according to Coin Metrics. It's on pace to end the week up 14%The ETH rally lifted other cryptocurrencies, with bitcoin rising more than 1% to $30,795.99. The largest cryptocurrency by market cap climbed to $30,000 on Monday, for the first time since June.

☆ Pennsylvania Gov. Josh Shapiro says his office made a criminal referral in East Palestine train derailment
▼ + stars: | 2023-02-21 | by ( Rebecca Shabad | ) www.cnbc.com time to read: +3 min

Drone footage shows the freight train derailment in East Palestine, Ohio, U.S., February 6, 2023 in this screengrab obtained from a handout video released by the NTSB. Josh Shapiro on Tuesday said that his office has made a criminal referral in response to the recent train derailment over the border in East Palestine, Ohio, and the aftereffects on the environment and nearby communities. Shapiro shared the information during a press conference in East Palestine with Ohio Gov. Meanwhile, consumer advocate Erin Brockovich is planning a town hall in East Palestine for Friday. In an interview Tuesday on MSNBC, she reacted to footage of Regan and DeWine drinking an East Palestine resident's tap water.

☆ How Southwest can win back its angry, stranded customers
▼ + stars: | 2023-02-01 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

New York CNN —Southwest Airlines’ customers are furious about the company’s Christmas week service meltdown. Southwest said that it lost about $350 million in ticket sales for January and February because people have avoided bookings on the airline. No wonder: the holidays are perhaps the worst time of the year to strand customers. One group that has clearly not forgiven Southwest as of yet is airline investors. Southwest (LUV) shares closed Tuesday down only 1% from where they closed December 19, the day before the meltdown started.

☆ Virginia school district where 6-year-old allegedly shot teacher has had three school-related shootings in 17 months
▼ + stars: | 2023-01-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +5 min

The Virginia school district where a 6-year-old allegedly intentionally shot a teacher on Friday has had three instances of gun violence on district property in the past 17 months. Newport News Public Schools consists of 26,500 students, and includes three early childhood centers, 24 elementary schools, seven middle schools and five high schools, according to the district's website. Newport News Public Schools Superintendent George Parker III did not immediately respond to requests for comment. Hanan Daoud, who also has children within the school district, agrees. Daoud told NBC News she recalled feeling "paralyzed" after hearing that there had been a shooting in the school district on Friday.

☆ A college instructor explains her struggles with long COVID at work and why it's important to overcome the stigma of being sick
▼ + stars: | 2022-12-18 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +7 min

Renee Semarge has had long COVID symptoms for a year now, and it's making work much harder. Much of long COVID is a mystery to healthcare professionals — why it happens, how to treat it — but data shows that it has affected millions of Americans. Many other workers, however, may be hesitant to reveal that they have long COVID. Long COVID treatments "have eaten our savings"Semarge's candor about her condition at work is a departure from what her father always taught her. Long COVID treatments, she said, "have eaten our savings.

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