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☆ Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
▼ + stars: | 2024-11-28 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

A Chinese bank worker prepares to count a stack of US dollars together with stacks of 100 Chinese yuan notes at a bank in Hefei, east China's Anhui province on March 9, 2010. STR/AFP | Getty ImagesChinese authorities are contending with a weakening yuan as global investment banks forecast the currency to hit record lows, in anticipation of U.S. president-elect Donald Trump following through with his tariff threats. That would mark the currency's weakest level on record, according to LSEG data going back to 2004. Trump had already pledged 60% or higher tariffs on Chinese goods during his election campaign. The PBOC has been supporting the value of onshore yuan by capping the daily reference rate at 7.20 on the dollar this year.

Persons: Donald Trump, Morgan, Morgan Stanley, Goldman Sachs, Trump, Jonas Goltermann, Kotecha, Wang, Ju Wang, Cedric Chehab Organizations: Getty Images, U.S, UBS, BNP, Barclays, Generale, Morgan, Macquarie Group, Nomura, ING, Oxford, Trump, Capital Economics, FX, Greater China FX, Reuters, BNP Paribas, BMI Locations: Hefei, Anhui, U.S, Asia, China

This surge means that coffee prices across the board — from fancy beverages made from Arabica beans to robusta-fueled instant coffee — are almost sure to cost more for the everyday consumer. On Wednesday, the global benchmark for arabica coffee — March 2025 arabica coffee futures — ended 4.6% higher on the Intercontinental Exchange (ICE) at $3.2305 per pound, after hitting their highest level since 1977. Food giant Nestlé, the world's largest coffee maker, said last week that it will hike prices to deal with the rise in coffee prices. Coffee drinkers are already paying more: Data from the US Bureau of Labor Statistics show coffee prices for urban consumers rose sharply from July 2021 to February 2023. Speculators jumping into the coffee marketGiven the confluence of factors pushing up coffee prices, non-commercial speculators, such as funds, are joining the market.

Persons: arabica —, Jason Miller, Guilherme Morya, Morya, —, Christopher Tang, Tang, Donald Trump, Miller, Sucafina Organizations: Intercontinental Exchange, ICE, US Bureau of Labor Statistics, Michigan State University, Farmers, Reuters, Rabobank, Colombia —, UCLA, European Union, BMI Research, European Commission Locations: Brazil, Vietnam, Colombia, Honduras, Canada, Mexico, China, Trump's, Swiss

☆ A South Korean man binge-eating to become too fat to serve is the latest creative attempt to dodge the country's draft
▼ + stars: | 2024-11-25 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

AdvertisementA South Korean man was given a one-year suspended sentence for evading military service. This is just the latest example of South Korean men going to extreme lengths to try to avoid serving. A South Korean man was found guilty of evading military service by deliberately putting on weight. While most South Korean men are expected to serve for at least a year and a half, shortly after finishing high school, the conscription law has a number of exceptions. This was the most common method in attempting to evade military service, with the second most common being faking a mental illness, with others falsely registering as disabled, and one internationally breaking a bone.

Persons: Kim Jong, — Organizations: The Korea Herald, country's, Korea Herald, BMI, Military Manpower Administration, South Locations: Seoul, South Korean

☆ Why Musicians Aren't Making Money: Streaming, Record Labels & TikTok
▼ + stars: | 2024-11-21 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +19 min

Music has always been a business, but streaming, TikTok, inflation, and the ballooning costs of touring have dramatically altered a musician's traditional routes to making money. But a lot has changed since streaming usurped radio play as the kingmaker of a rising musician's career. Even the hitmakers who dominate your "For You" page are getting paid "almost nothing" from TikTok, as one music exec told Billboard. 1 song on TikTok doesn't mean anything in the grand scheme of things," Tinashe's longtime manager, Simonne Solitro, explains. "That's not just me," Violet tells me, "that's literally every single artist I know."

Persons: Raye, Conrad, She'd, Taylor, Taylor Swift, Stone, You've, there's, everybody's, Donald Passman, Kevin Baird, Chris Burnett, Chuck Berry, he'd, it's, —, TikTok, Ariana Grande, JC Olivera, Justin Ayers, Club's Baird, Tayla Parx, she's, Ariana Grande's, It's, Parx, that's, Muni, who's, Rihanna, Kelly Clarkson, Alexis, Long, I'd, Rachel Chinouriri, I've, Chinouriri, Sam Halliday, Alex Trimble, Katy Cummings, Derek Crownover, Loeb, he's, Crownover, Simonne, Tinashe, Tinashe's, Simonne Solitro, Solitro, Normani, aren't Taylor Swift, Jennifer Lopez, Bad Bunny, Shirlaine Forrest, Matt Jelonek, Tessa Violet, hasn't, That's, Violet, Solitro's, Tessa Violet's, Sarah Pardini, Halsey, Adele, Sophie Turner, Florence Pugh, Pugh, jostling Organizations: Spotify, Music, Northern, Cinema, BI, Apple Music, Billboard, Apple, YouTube, BMI, Suns, TaylaMade Inc, Fifth Harmony, Parlophone, Atlas Artists, Ticketmaster, Promoters, BI Social, Capitol Music, Capitol, Columbia, Chartmetric, DMs Locations: Manhattan, British, Northern Irish, TikTok, London, Los Angeles

☆ Doctors say RFK Jr.’s anti-Ozempic stance perpetuates stigma and misrepresents evidence
▼ + stars: | 2024-11-17 | by ( Meg Tirrell | ) edition.cnn.com time to read: +9 min

Sanjay Gupta Reports: Is Ozempic Right For You?” at 8 p.m. Sunday, November 17, on CNN. Even as they agree that it’s important to address growing rates of diabetes and obesity, doctors in that field say Kennedy’s plans miss the mark. Not everyone with obesity will want the drugs, and for some, they may have strong side effects such as nausea. Doctors who treat people with obesity suggest that fixing the food system shouldn’t be mutually exclusive with using weight-loss medications, when appropriate. “But a lot of his thinking is like ‘A plus B plus C plus miracle, and you’ve got an answer.’”

Persons: Sanjay Gupta, Robert F, Kennedy Jr, Donald Trump’s, —, ” Kennedy, Greg Gutfeld, Kennedy, European Union “, Ozempic, ideation, Michael Osterholm, ” Osterholm, “, Trump, he’s, Kennedy’s, Josh Green, that’s, Kennedy —, ”, Jody Dushay, Dr, Angela Fitch, “ We’ve, ” Fitch, we’ve, ‘, ” Dr, Daniel Drucker, ” Drucker, don’t, they’re, Fitch, Doctors, Elon Musk, who’s, ” Musk, It’s, he’d, you’ve, ’ Organizations: CNN, US Department of Health, Human Services, Fox News, Novo Nordisk, Danish Medicines Agency, European Union, US Food and Drug Administration, Infectious Disease, University of Minnesota, FDA, US Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, HHS, Hawaii Gov, Environmental Protection Agency, BMI, Harvard Medical School, Beth Israel Deaconess Medical, Fox, CNN Health, NPR, Trump Locations: Denmark, America, Hawaii, Samoa

☆ Lost and found: Life after Ozempic and other weight-loss drugs was just the start for these four people
▼ + stars: | 2024-11-16 | by ( Carma Hassan | Zoe Todd | ) edition.cnn.com time to read: +19 min

The 22-year-old content creator approached her doctor about weight loss medication in March, before she had breast reduction surgery. Method: Zepbound, diet changes, exerciseZepbound, diet changes, exercise Duration: Took Zepbound from May to October. “The breast reduction was a big step, but the weight loss put a little cherry on top,” she said. Method: Compounded semaglutide, diet changes, exerciseCompounded semaglutide, diet changes, exercise Duration: Took compounded semaglutide from February to May. Method: Ozempic, diet changes, exerciseOzempic, diet changes, exercise Duration: Took Ozempic from May 2020 to October 2023“I was very close to being 300 pounds.

Persons: Sanjay Gupta, ”, Eduardo Grunvald, Alexus Murphy, CNN Alexus Murphy, Alexus, Murphy, It’s, it’s, “, ” Murphy, Alexus Murphy She’s, “ It’s, “ I’m, you’re, Steven Ray, Ray, he’s, ” Ray, Becky Bell, CNN Becky Bell, she’s, Bell, ” “, ” Ozempic, Max Nazaire, ” Bell, Nazaire, She’s, Ozempic, Dustin Gee, CNN Dustin Gee, didn’t, I’ve, –, ” Gee, Gee, ‘, Cristian, Emanuel, Jackson, Alex, Gee's, Dr, CNN’s Tal Yellin Organizations: CNN, CNN — Research, University of California, BMI, Houston, Inland, Health, Medi, Cal, US Food and Drug Administration, FDA, “, Bell, Ozempic, Mayo Clinic Diet, Get CNN, CNN Health Locations: San Diego, California, Houston, Woodstock , Georgia, Safe Haven, Peru, Bellingham , Massachusetts, Lima

☆ Blockbuster weight loss drugs are revealing what we still don’t understand about obesity
▼ + stars: | 2024-11-15 | by ( Dr. Sanjay Gupta | ) edition.cnn.com time to read: +10 min

Or any of the blockbuster weight loss and diabetes drugs that recently caught the world’s attention? The joy of foodHolst is also very focused on this particular mechanism of the GLP-1 drugs but worries that it can go too far. For others, it is the loss of lean muscle mass that accompanies their weight loss and puts them at greater risk for falls. Because the medications work by slowing digestion, terrible constipation becomes a side effect that is too much for some to bear. There is little doubt that for most people, regular exercise and eating right is still the best strategy for weight loss and overall health.

Persons: Sanjay Gupta, Jens Juul Holst, Holst, CNN Holst, Karin Conde, ” Conde, Knape, –, ”, Dr Organizations: CNN, Novo Nordisk, American Medical Association, World Health Organization, BMI, CNN Health Locations: Copenhagen, Danish, United States, “

☆ Why brain aging can vary dramatically between people
▼ + stars: | 2024-11-07 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +6 min

Yet some adult lifestyle factors still appeared to be linked with improved cognitive performance and slower aging of the brain. “We are now looking into whether different constellations of brain ageing features are driven by particular subsets of risk factors.”As a researcher of the aging brain, Dr. Richard Isaacson said, the new paper spoke to him. There is a robust body of research on key differences in lifestyle that may contribute to differences in an aging brain. Adding a heart-healthy diet to your routine also can help slow brain aging and reduce dementia risk. “Those things may not exactly cause Alzheimer’s, but it can fast forward cognitive aging and fast forward cognitive decline.

Persons: ” Simon Cox, “, ” Cox, ”, Richard Isaacson, Isaacson, Dr, Sanjay Gupta Organizations: CNN —, Genomic Press, BMI, University of Edinburgh, CNN, CNN Health Locations: York, Lothian, Scotland, Florida

☆ Why inflation could rise and interest rates remain elevated under a Trump presidency
▼ + stars: | 2024-11-06 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

(Higher interest rates tend to boost the value of a currency by attracting more capital from abroad as investors seek bigger returns.) “Investors are bracing for tariffs… which will push up the price of imported goods for American shoppers,” she wrote in a note Wednesday. The pain of Trump’s tariffs will be felt far beyond US borders. “We also believe that Trump could decide to implement even higher tariffs on economies that run large trade surpluses with the US,” BMI analysts wrote in a note Wednesday. “Donald Trump’s economic course will pose major problems for Germany and the European Union,” the institute said.

Persons: Donald Trump, Matthew Ryan, Susannah Streeter, Hargreaves, ”, Trump’s, Trump, ” Nomura, Philip Shaw, Ellie Henderson, Streeter, Anthony Kettle, “, Spencer Platt, “ Donald Trump’s Organizations: London CNN, Republican, Senate, CNN, Federal Reserve, Trump, “, RBC Global Asset Management, BMI, Fitch Solutions, Port, Getty, European Union, Ifo Institute for Economic Research Locations: United States, Mexico, China, Germany, Canada, Japan, South Korea, Newark, New Jersey, Munich

☆ Semaglutide linked to reduced arthritis knee pain in people with obesity, study finds
▼ + stars: | 2024-10-30 | by ( Kaitlin Sullivan | Kaitlin Sullivan Is A Contributor For Nbcnews.Com Who Has Worked With Nbc News Investigations. She Reports On Health | Science | ) www.nbcnews.com time to read: +4 min

People who lost a significant amount of weight with semaglutide saw major improvements in osteoarthritis knee pain, research published Wednesday in the New England Journal of Medicine finds. “Any sort of dramatic weight loss will relieve pain,” Bliddal said. In another study led by Bliddal, people with knee osteoarthritis were given an older weight loss drug, liraglutide. The average BMI in that study was about 32, lower than the average in the new study. Most of the people in the study had a BMI over 35, and nearly half had a BMI of over 40.

Persons: semaglutide, Wegovy —, ”, Daniel Wiznia, Henning Bliddal, David Felson, That’s, ” Wiznia, ” Bliddal, Bliddal, liraglutide, Felson, Wiznia, “, ” Felson Organizations: New England, of Medicine, Novo Nordisk, Yale Medicine, University of Copenhagen, Boston University Chobanian, Avedisian School of Medicine, BMI, Food and Drug Administration Locations: Denmark

☆ Does height matter in football? Yes, but not in the way you might think
▼ + stars: | 2024-10-25 | by ( Liam Tharme | ) www.nytimes.com time to read: +11 min

GO DEEPER Short centre-backs: How much does size matter in the Premier League? The decline of the small midfielder has been a league-wide trend in the Premier League in the last four years. Last season, the taller trend stopped, City’s minutes to smaller players went up and taller players back down. GO DEEPER Short centre-backs: How much does size matter in the Premier League? That tends to suit taller players, or short(er) ones who have exceptional speed, positioning and decision-making.

Persons: d’Or, Lionel Messi, Lionel Messi’s, Rich Storry, Bayer, Germain, Costel, Antonio Conte, Stefano Piolo, taka, StatsBomb, Rico Lewis, Pep Guardiola, Shaun Botterill, Guardiola, Lewis, Erling Haaland’s, Phil Foden, Bernardo Silva, Arsenal’s, David Raya, Emmanuele, Mikel Arteta, ” Arteta, Napoleon, William Saliba's, Mikel Arteta's, That's, ike Organizations: Ballon, University of Wolverhampton, Inter Milan, Bayer Leverkusen, Manchester City, Paris Saint, Leverkusen, Serie, Inter, Premier League 183.3 Manchester City, Ligue, PSG, La Liga 181.8 Real Madrid 181.3, Bundesliga, Premier League, La Liga, A, Romania, AC Milan, Spanish, Premier League ? Football, ”, Arsenal, Bournemouth, Premier League’s, Getty, 😬# Locations: U.S, England’s, Paris, Real Madrid, Germany, Spain, La, Manchester, David

☆ Philippines' growth strategy might be invalidated by greater spread of AI adoption: BMI
▼ + stars: | 2024-10-22 | 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 EmailPhilippines' growth strategy might be invalidated by greater spread of AI adoption: BMIDarren Tay from BMI explains why the Philippine economy is vulnerable to AI technology given its high exposure to the BPO industry.

Persons: Darren Tay Organizations: BMI Locations: Philippine

☆ Safe-haven gold breaks $2,700 per ounce level as uncertainty looms
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: +2 min

Spot gold firmed 0.5% to $2,706.76 per ounce by 0220 GMT, adding nearly 2% so far in the week. U.S. gold futures rose 0.5% to $2,722.00. It's just a bull market that shows no signs of exhaustion," said Tai Wong, a New York-based independent metals trader. Spot silver rose 0.5% to $31.92 per ounce and was headed for a weekly gain. Elsewhere, data showed that top metals consumer China's economy expanded 4.6% in the third quarter from a year earlier, slightly beating analysts' expectations.

Persons: Tai Wong, Yahya Sinwar, Kamala Harris, Donald Trump Organizations: U.S ., Treasury, Federal, European Central Bank, Democratic, Republican Locations: New York, U.S, Israel

☆ Timing isn't right for Israel to escalate: BMI Chief Economist
▼ + stars: | 2024-10-15 | 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 EmailTiming isn't right for Israel to escalate: BMI Chief EconomistCedric Chehab, Chief Economist at BMI, talks about rising tensions in the Middle East, and why he thinks oil prices don't seem to reflect the usual supply concerns.

Persons: Cedric Chehab Organizations: BMI Locations: Israel

☆ Baby Boomers are living longer than previous generations but have worse health, study finds
▼ + stars: | 2024-10-08 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +3 min

London CNN —Baby Boomers may be expected to live longer than their predecessors, but a recent study has found that they are more likely to suffer from worse health than previous generations. It covered several generations, including the Greatest Generation (born before 1925) and Baby Boomers (born between 1946 and 1959), according to the study. Younger post-war cohorts, like Generation X, are also at risk of worse health than the generation preceding them, Gimeno said. “Generation X were more likely to be obese, have diabetes, and be in poor mental health than Baby Boomers in their 40s,” said Gimeno. The analysis of 135,000 people living in England suggested that although they’re living longer, their lives weren’t necessarily healthier.

Persons: ”, Laura Gimeno, Boomers, Gimeno, X Organizations: London CNN, University of Oxford and University College London, UCL, Boomers, CNN, Gerontology, Baby Boomers Locations: United States, England, Europe

☆ My dentist told me they couldn't remove a tooth because of my weight. It was the wake-up call I needed to lose 100 pounds.
▼ + stars: | 2024-10-07 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

Carol Evans' oral surgeon told her she was too heavy to have her tooth removed under anesthetic. It was the wake-up call she needed to lose 100 pounds through diet and exercise. "Please make another appointment for three months' time after you've lost weight." By mid-September 2021, a year after the surgery, I'd lost 100 pounds. I regained some of the weight and lost it againI kept up the regimen for nearly two years.

Persons: Carol Evans, —, John, I'd, you've, Jillian Michaels, snacking, Evans, Tim Hetherington, I'm Organizations: Service, BMI, Business Locations: Birmingham, France

☆ Goldman Sachs says crude could spike by $20 on Iran oil shock
▼ + stars: | 2024-10-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

The oil tanker 'Devon' prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018. Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to Goldman Sachs. U.S. crude oil prices just saw a third consecutive session of gains after Iran launched a ballistic missile attack on Israel, heightening tensions in the region. If Israel hits Iran's oil industry, supply disruptions in the Strait of Hormuz could become of concern, other analysts echoed. This strategically significant waterway connects crude oil producers in the Middle East with major global markets.

Persons: Struyven, Daan Struyven, Goldman Sachs, CNBC's, Saul Kavonic, Joe Biden, Brent Organizations: U.S . Energy Information Administration, Oil, CNBC, White, bbl, USD150, Fitch Solutions, BMI Locations: Devon, India, Persian Gulf, Iran, Saudi Arabia, UAE, Israel, U.S, China, Hormuz, Strait, Oman, OPEC

☆ Israel’s economy is paying a high price for its widening war
▼ + stars: | 2024-10-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +10 min

London CNN —In late September, as Israel’s nearly year-long war widened and its credit rating was downgraded yet again, the country’s finance minister, Bezalel Smotrich, said that, while Israel’s economy was under strain, it was resilient. Israel’s economy could shrink even more than that, based on a worst-case estimate by the Institute for National Security Studies at Tel Aviv University. Before the October 7 attack and ensuing Israel-Hamas war, the International Monetary Fund forecast that Israel’s economy would grow by an enviable 3.4% this year. Smotrich, the finance minister, is confident that Israel’s economy will bounce back once the war ends, but economists are concerned the damage will far outlast the conflict. Florion Goga/ReutersOther sectors of Israel’s economy, while less important than tech, have been hit much harder.

Persons: London CNN —, Bezalel Smotrich, ” Smotrich, Hassan Nasrallah, ratcheting, Karnit, ‘, Menahem Kahana, ”, “ Israel, “, Smotrich —, Flug, Ahmad Gharabli, Fitch, —, Coface, Avi Hasson, Hasson, Florion Goga, Yaron Liberman, ” Liberman Organizations: London CNN, CNN, West Bank, United Nations, BMI, Fitch Solutions, Institute for National Security, Tel Aviv University, International Monetary Fund, of Israel, Getty, Bank of Israel, Israel Democracy Institute, Institute for National Security Studies, Moody’s, Startup Nation Locations: Lebanon’s, Beirut, Israel, Lebanon, Gaza, Israel’s, Iran, AFP, Egypt, Syria, Golan, Jerusalem's Old City, United States, Tel Aviv, housebuilding . Tourism

☆ China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
▼ + stars: | 2024-10-01 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

China's slowing crude demand growth and economic struggles are dampening oil market sentiment. Global benchmark Brent crude oil futures were up 0.17% to $71.82 per barrel at 2.14 a.m. This would be a big shift in policy, since Saudi Arabia has been leading OPEC and the group's allies, including Russia, in maintaining oil supply cuts since late 2022. AdvertisementDespite the downside pressure on oil prices, things could change quickly if geopolitical uncertainty rises further in the Middle East. The US may also provide some support to the market as crude oil inventories hit a two-and-a-half year low as of September 20, the latest data available.

Persons: Israel, —, Henning Gloystein, Xi Jinping, Brent, Naeem Aslam, Aslam Organizations: Service, Israel, Brent, Benchmark, Texas, Eurasia Group, Beijing, BMI, Financial Times, London Locations: Lebanon, Brent, China, Saudi Arabia, Russia

☆ Consumer companies vie for share of India's booming stock market
▼ + stars: | 2024-10-01 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

More consumer-centric companies are looking to capitalize on India's booming stock market and strong economic growth, by going public. "After a decade, India's growth story is now likely to be driven by private consumption. With a better macro outlook, the risk appetite for investors for business to consumer companies have gone higher," said Atul Singh, CEO and managing director of wealth management firm LGT Wealth India. It may have started with large corporations like Reliance and Adani , but the positive macro story is driving more business to consumer companies to list," Singh told CNBC in an interview. India had 238 listings in 2023, reaching a nine-year high with 614 billion Indian rupees ($7.35 billion), according to FactSet data.

Persons: Ola, Atul Singh, Singh Organizations: National Stock Exchange, BMI, LGT Wealth, Reliance, CNBC, Transportation, Hyundai Motor India, Insurance, Hyundai, Ola Electric Locations: Mumbai, India

☆ GE Healthcare has been an under-the-radar winner — and a new catalyst just arrived
▼ + stars: | 2024-09-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Wall Street currently sees GE Healthcare earning $6.72 per share in 2028, according to FactSet, up from $4.25 projected this year. GE Healthcare has been a stock we've been battling since its steep slide during the second quarter. That dynamic — coupled with the positive China stimulus announcements in recent days — turned GE Healthcare into one of our top-performing stocks in the third quarter . A PET scan using Flyrcado has better diagnostic efficacy than SPECT scans, according to GE Healthcare. GE Healthcare may also see a recovery in its China business due to the roll out of medical-focused stimulus spending .

Persons: Wells, Flyrcado —, Wells Fargo, Flyrcado, FactSet, Jim Cramer, —, Jim, Leqembi, Eli Lilly, Stifel, Jim Cramer's, Yi Haifei Organizations: GE Healthcare, GE, Food and Drug Administration, Wall, FDA, Federal, Club, CDC, Management, CNBC, Fair for Trade, Services, China National Convention Center, China News Service, Getty Locations: China, U.S, Beijing

☆ Kris Kristofferson, singer-songwriter and actor, dead at 88
▼ + stars: | 2024-09-29 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

Los Angeles AP —Kris Kristofferson, a Rhodes scholar with a deft writing style and rough charisma who became a country music superstar and A-list Hollywood actor, has died. Kristofferson died at his home in Maui, Hawaii, on Saturday, family spokesperson Ebie McFarland said in an email. Kristofferson, who could recite William Blake from memory, wove intricate folk music lyrics about loneliness and tender romance into popular country music. “There’s no better songwriter alive than Kris Kristofferson,” Nelson said during a November 2009 award ceremony for Kristofferson held by BMI. Producer Jon Peters, from left, Barbra Streisand and Kris Kristofferson appear at a preview of the film, "A Star is Born," in Dec. 23, 1976, in New York.

Persons: Kris Kristofferson, Kristofferson, Ebie McFarland, McFarland, Bobby McGee, ” Kristofferson, Ray Price crooning, Janis Joplin, ”, Ellen Burstyn, Martin Scorsese’s, Alice Doesn’t, Barbra Streisand, Wesley Snipes, William Blake, Bob Dylan, Willie Nelson, John Prine, Tom T, “, ” Nelson, Barbara Streisand, Dylan, Jon Peters, Suzanne Vlamis, Cash, Grand Ole Opry, I’d, Fred Foster, Foster, Bobby McKee, Frederico Fellini, Waylon Jennings, Johnny Cash, Rob Verhorst, Joplin, Jesus, Rita Coolidge Organizations: Los Angeles AP, Hollywood, Times, BMI, Golden Gloves, Merton College, University of Oxford, U.S . Military Academy, West, Columbia Records, US Army, Associated Press, Grand Ole, Monument Records, “, Getty, Joplin Locations: Rhodes, Maui, Hawaii, Brownsville , Texas, England, West Point , New York, Nashville, New York

☆ Gold, silver head for weekly gains on U.S. rate-cut momentum
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: +2 min

Gold and silver prices retreated on Friday from record highs, but were positioned for weekly gains on growing anticipation of another bumper U.S. interest rate cut this year, as markets awaited a key inflation report for additional guidance. Gold and silver prices retreated on Friday from record highs, but were positioned for weekly gains on growing anticipation of another bumper U.S. interest rate cut this year, as markets awaited a key inflation report for additional guidance. Silver prices surged due to bullion's strong performance and China's stimulus measures, though some analysts warn that the rally may fade due to concerns over industrial demand. The Federal Reserve's larger-than-usual half-percentage-point reduction last week ignited a rally in gold, which hit consecutive record highs and has gained about 1.8% so far this week. Gold prices are currently supported by anticipated U.S. Fed interest rate cuts and China's stimulus measures, both of them are weakening the dollar, said Kyle Rodda, financial market analyst at Capital.com.

Persons: Kyle Rodda Organizations: FedWatch, U.S, BMI Locations: U.S

☆ Risk analyst discusses the uncertainty that markets face, from Trump to Middle East conflict
▼ + stars: | 2024-09-27 | 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 EmailRisk analyst discusses the uncertainty that markets face, from Trump to Middle East conflictCedric Chehab, global head of country risk at BMI, discusses the geopolitical uncertainty that global markets face, and the factors that support global risk assets.

Persons: Cedric Chehab Organizations: BMI Locations: Trump

☆ Why Ester Manas fears the size inclusive dream is over
▼ + stars: | 2024-09-26 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +6 min

Paris CNN —On the second day of Paris Fashion Week at the city’s Palais de Tokyo, a giant inflatable elephant welcomed guests to the Ester Manas fashion show. Methods such as ruching and drawstrings eliminate the need for classical sizing and enable Ester Manas to cater to sizes XS to 3XL. Similarly, a 2023 size inclusivity report conducted by Vogue Business found that 95.6% of all looks presented for Fall-Winter 2023 were in a size US 0-4. “Numerically, it is very apparent that this ‘trend’ (of both being personally comfortable with your size and size inclusivity being socially accepted) has retreated,” Delepierre said. “Beyond the size dimension, (Ester Manas clothes) are strong pieces that stand on their own and make everyone feel sexy,” he said.

Persons: Ester Manas, Balthazar Delepierre, SZA, Jorja Smith, Kali Uchis, Beth Ditto, ”, Manas, “, bienveillance, bookers, Goldman Sachs, Ester Manas’s, they’ve, ” Delepierre, Ester Manas “, inclusivity, Giulietta Canzani Mora, ” Guillaume Boulez Organizations: Paris CNN —, BMI, CNN, Goldman, Vogue Business Locations: Paris, de Tokyo, —, Manas, France

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