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☆ Loss-making Burberry puts focus back on trench coats in a turnaround plan
▼ + stars: | 2024-11-14 | by ( ) edition.cnn.com time to read: +3 min

Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ambitious with prices on bags and shoes, the loss-making luxury brand said in a revamp that sent its shares up sharply. “We took pricing too high across the board,” Schulman told investors and analysts, setting out his assessment of what went wrong at Burberry. Pricing strategy shiftSchulman told reporters Burberry would add more lower-priced “entry-level” products to its range as part of a pricing shift. But he said Burberry’s positioning would remain in luxury and there were no plans to make it an “accessible” luxury brand. Leather goods and shoes underperformed in the first half, Burberry said, while outerwear did better than average.

Persons: Joshua Schulman, “, ” Schulman, Burberry, Cara Delevingne, Little Simz, Olivia Colman, Schulman, Michael Kors, Daniel Lee, outerwear, Italy’s Moncler Organizations: Burberry Locations: China, outerwear, Bottega

☆ Monaco is 1 of 6 locations hosting the star-studded E1 — a race thought ‘impossible’ before it began
▼ + stars: | 2024-08-14 | by ( Marylou Costa | ) www.cnbc.com time to read: +6 min

During the Monaco race on July 28, Bernard d'Alessandri, general secretary and managing director of Yacht Club de Monaco, said E1 showcases new technology for boat racing. "Before E1, it was impossible to have a race with electric boats," he said. Acceptance of electric boating among the eliteRacebird creator Sophi Horne said getting the attention of Monaco's boating elite wasn't easy. Team owners Didier Drogba and Tom Brady speak with Alejandro Agag, co-founder and chairman of the E1 Series, ahead of the E1 race in Venice, Italy — the second of the series. The final two E1 races are scheduled to occur in Lake Como, Italy and Hong Kong.

Persons: Shiv, Bernard d'Alessandri, Akin, Racebird, Rodi Basso, Team Rafa, Rafael Nadal, Basso, Prince Albert II of Monaco, Sophi Horne, Cara Delevingne, Lloyd, Horne, they've, …, Will Smith, Marc Anthony, Tom Brady, Didier Drogba, Virat Kohli, Sergio Perez, Steve Aoki, Marcelo Claure —, Alejandro Agag, Italy —, Daniele Venturelli, Brady, Drogba, Nadal, Carlos Duarte, Racebirds Organizations: Port, Media Monaco, Monaco, Yacht Club de Monaco, Formula, Team, NFL, Getty Locations: Monaco, Saudi Arabia, Racebirds, Venice, Italy, Mallorca, Lake Como, Hong Kong

☆ Taylor Swift: Prince of Wales meets US star after London show
▼ + stars: | 2024-06-22 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +1 min

CNN —Taylor Swift brought her Eras Tour to London’s Wembley Stadium on Friday with some famous faces in the audience, including the Prince of Wales and two of his children, Prince George and Princess Charlotte. William, who was celebrating his 42nd birthday that day, and the children later met Swift and her boyfriend, NFL star Travis Kelce backstage. The official @KensingtonRoyal account posted a photo of Swift taking a selfie with Prince William, Princess Charlotte, and Prince George. Taylor Swift shared a photo with Prince William, Prince George, Princess Charlotte and Travis Kelce, at Swift’s concert in London on June 21. According to the Mayor of London, nearly 700,000 people are expected to attend her London shows, which are predicted to boost the capital’s economy by £300 million ($379.5 million USD).

Persons: CNN — Taylor Swift, Prince, Wales, Prince George, Princess Charlotte, William, Swift, Travis Kelce, Prince William, “, ”, Taylor Swift, Prince George , Princess Charlotte, Instagram Swift, Nicola Coughlan, Cara Delevingne, Salma Hayek, Leslie Mann, Jonathan Van Ness Organizations: CNN, Wembley, PA Media Locations: London

☆ 5 fast-acting anti-aging skincare products celebrities use to look young
▼ + stars: | 2024-05-30 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +1 min

Cynthia Franco is an esthetician with celebrity clients like Barry Keoghan and Queen Latifah. She said having an effective skincare routine is more important than getting in-office treatments. She shared her favorite anti-aging products, from a vitamin C serum to a retinol alternative. Cynthia Franco is one of them: an LA-based esthetician who specializes in anti-aging skincare, Franco has worked with clients like Barry Keoghan, Queen Latifah, Ana de Armas, and Cara Delevingne. But while her clients see her for in-office procedures and facials, Franco said the most effective anti-aging skincare comes from following a consistent routine at home.

Persons: Cynthia Franco, Barry Keoghan, Queen Latifah, —, skincare, Franco, Ana de Armas, Cara Delevingne Organizations: Service

☆ A complete timeline of Karlie Kloss and Taylor Swift's friendship
▼ + stars: | 2024-04-24 | by ( Claudia Willen | Callie Ahlgrim | ) www.businessinsider.com time to read: +40 min

Taylor Swift and Karlie Kloss became inseparable after meeting at the 2013 Victoria's Secret Fashion Show. AdvertisementThe friendship of Taylor Swift and Karlie Kloss dates back to 2013, when the musician and the supermodel met backstage at the Victoria's Secret Fashion Show. AdvertisementApril 2014: Kloss and Swift are spotted together in New York CityTaylor Swift and Karlie Kloss often spent time together in New York City. November 23, 2014: Swift brings Kloss as her date to the American Music AwardsTaylor Swift and Karlie Kloss at the 2014 AMAs. July 11, 2015: Kloss appears at another of Swift's concerts in New JerseyTaylor Swift's friends went to her concert in New Jersey.

Persons: Taylor Swift, Karlie Kloss, Kloss, —, Swift, didn't, Katy Perry, Scooter Braun, Karlie, Michael Kovac, Jamie McCarthy, Milk, Christina Tosi, Randy Brooke, we're BFFs, I'd, Raymond Hall, Kate Bosworth, Harry Josh, Charles James, Oscar de la, They're, Alo Ceballos, She's, Rolling, James Devaney, Ben Stiller, Quinlin, SoHo Taylor Swift, Jeff Kravitz, Dick Clark, Antonio de Moraes Barros Filho, WireImage Kloss, Lily Aldrige, Martha Hunt, taylor, it's, Taylor, Matty Healy, Marie Claire, Beyonce, Jay, Justin Timberlake, Sam Smith, Michael, r was, els, rais, hou, "I, ove, stor, ste, "(M, bro, K, Ma y, orr, "B, Perry, tim e, oe Jonas, maki, J ohn Shea, dow, deo, cele, Jo, hatta, lia, nce, e, hough, lor h, 2016:, Joh, Delilah, L orde, Conn, Loo, ned the photo,, y, as well, loss and Swift, Augu, rld, kee, mus, raun, cate, rau, hite, theo, abou, ody, ted in a, ike H, Derek Bl Organizations: Big, Service, Vogue, Twitter, Hollywood Life, Big Sur, daisies, Surrey, Costume, Metropolitan Museum of Art, Getty, Swift, Apple, New York Knicks, Garden, Chicago Bulls, Madison, American, New York City's, Yahoo, New, YouTube, the de, acc, Adv, ober, Wil, unc, ift, who's known Locations: Big Sur, Swift's New York, New York City, Big, Instagram, New York, Manhattan, brunching, SoHo, Madison, SoHo Taylor, June., ber

We have all the details on where to watch American Horror Story, including both new episodes and past seasons. Where to watch American Horror Story in the USAmerican Horror Story: Delicate airs Wednesdays at 10 p.m. For those who don't have cable, this will mean trying out a live TV package like Sling TV or Hulu + Live TV. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluWhere to watch American Horror Story in the UKDisney+ is home to American Horror Story in the UK.

Persons: it's, masterminds Ryan Murphy, Brad Falchuk, Emma Roberts, She's, Kim Kardashian, Cara Delevingne, Danielle Valentine, Hulu's, Murphy, Anna, Roberts Organizations: Business, FX, Hulu, Disney, ESPN, AHS, Disney Plus, Glee Locations: Roanoke, Hulu

☆ What to remember about the new season of 'American Horror Story' starring Kim Kardashian and Emma Roberts before it returns
▼ + stars: | 2024-04-02 | by ( Eammon Jacobs | Caralynn Matassa | ) www.businessinsider.com time to read: +8 min

Read previewFans of "American Horror Story" won't have to wait much longer for the show to return. Here's a refresher on what to know about "AHS: Delicate" before it returns. 'AHS: Delicate' is based on a bookKardashian plays Roberts' publicist on "AHS: Delicate." Eric Liebowitz/FXIn a series first, "AHS: Delicate" is based (at least in part) on a novel: "Delicate Condition" by Danielle Valentine. Kim Kardashian, who's new to the "American Horror Story" ensemble, also has a major role as Siobhan Corbyn, Anna's best friend and publicist.

Persons: —, Ryan Murphy, Emma Roberts, Billie Lourd, Denis O'Hare, Kim Kardashian, Kardashian, Roberts, Eric Liebowitz, Danielle Valentine, Valentine, she's, Anna Alcott, Andrea Bartz, Halley Feiffer, Feiffer, Murphy, Cara Delevingne, Anna, Siobhan Corbyn, Anna's, Dex, Matt Czuchry, Hill, who's, Leslie Grossman, Siobhan, Anna —, It's, He's, Adeline —, Sonia Shawcross, Adeline, Ms, Preecher, Cora, Delevingne, Ivy, Dex's, Virginia Harding, She's, Mary I of England Organizations: Service, Business, AHS, Entertainment, Hollywood, SAG, Hulu Locations: Virginia

☆ Taylor Swift celebrates with Travis Kelce as the Chiefs advance to Super Bowl
▼ + stars: | 2024-01-28 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

The Kansas City Chiefs are going to the Super Bowl, and Taylor Swift was on hand in Baltimore on Sunday to help boyfriend Travis Kelce celebrate the team’s second consecutive trip to the Super Bowl. After the game, which aired on CBS, Swift was seen on the field embracing and kissing Kelce, who helped his team best the Baltimore Ravens in the AFC Championship playoff game. During the game, Swift watched from a suite at M&T Bank Stadium alongside her friend and wife of actor Miles Teller, Keleigh Teller, and model Cara Delevingne. Sunday’s playoff game marks the 12th Chiefs game that Swift has attended to support Kelce since she first showed up at Arrowhead Stadium in September. It wouldn’t be out of your wildest dreams to see Swift on the Super Bowl sidelines.

Persons: CNN —, Taylor Swift, Travis Kelce, Swift, Kelce, Miles Teller, Keleigh Teller, Cara Delevingne Organizations: CNN, Kansas City Chiefs, Super, CBS, Baltimore Ravens, AFC Championship, T, Chiefs, Arrowhead Locations: Baltimore, Las Vegas, Tokyo

☆ A shirtless Jason Kelce appeared to have more fun than anyone else at the Bills vs. Chiefs matchup in Buffalo
▼ + stars: | 2024-01-22 | by ( Meredith Cash | ) www.businessinsider.com time to read: +4 min

And, boy, did the elder Kelce brother make the most of his visit. With the temperature in Buffalo hovering right around 25°F, the 36-year-old spent the early parts of the day tailgating with Bills Mafia. Kelce was spotted inside a suite alongside several family members: his wife, Kylie, mom, Donna, and dad, Ed. Kelce may be something of a good luck charm for his brother and the Chiefs, who came away with a thrilling 27-24 road victory Sunday night. Kansas City will now travel to Baltimore to take on the top-seeded Ravens in the AFC Championship Game Sunday at 3 pm ET.

Persons: —, Jason Kelce, Travis Kelce —, Josh Allen's, Kelce, Kylie, Donna, Ed, Taylor Swift, Travis, Cara Delevingne, Brittany Mahomes, Patrick Mahomes, JASON KELCE, KKOmoiuEvq, rother, ake Organizations: Service, Business, Eagles, Tampa Bay Buccaneers, of Famer, Kansas City, Chiefs, Bills Mafia, Highmark, Buffalo, Cincinnati Bearcats, Kansas City's, CBS, NFL, FC, hampionship Locations: Buffalo, Kansas, Orchard Park

☆ Taylor Swift adds Brittany Mahomes to her squad
▼ + stars: | 2023-11-06 | by ( Lisa France | Lisa Respers France | ) edition.cnn.com time to read: +1 min

Over the weekend she was photographed having a night out with a group of girlfriends, Selena Gomez, Sophie Turner, Gigi Hadid, Cara Delevingne and a newer friend, Brittany Mahomes. Kelce plays tight end for the Kansas City Chiefs and is a teammate of Mahomes’ husband Patrick, who plays quarterback. Swift and Brittany Mahomes were seen in the sky box doing an elaborate, celebratory handshake after a successful play by the Chiefs at one recent game. Swift was seen holding Mahomes’ hand as she linked arms with Gomez. The Kansas City Chiefs were playing in Frankfurt, Germany this past weekend as part of the NFL’s slate of games being played abroad.

Persons: CNN — Taylor Swift, Selena Gomez, Sophie Turner, Gigi Hadid, Cara Delevingne, Brittany Mahomes, Mahomes, Swift, Travis Kelce, Kelce, Mahomes ’, Patrick, Gomez Organizations: CNN, Kansas City Chiefs, Chiefs, Bond, The Kansas City Chiefs, Miami Dolphins Locations: New York City, Frankfurt, Germany

[1/3] Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2023. Underlying inflation picked up last month, largely driven by housing costs, a U.S. Commerce Department report showed. The Dow Jones Industrial Average (.DJI) fell 1.12%, the S&P 500 (.SPX) lost 0.48% and the Nasdaq Composite (.IXIC) added 0.38%. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) closed about 1% higher after hitting a fresh 11-month low on Thursday. The yen hit a new one-year low of 150.77 per dollar overnight and was last at 149.59 .

Persons: Brendan McDermid, Jeffrey Roach, Jay Powell, Christine Lagarde, Brent, Lawrence Delevingne, Naomi Rovnick, Stella Qiu, Richard Chang, Alexander Smith, Sandra Maler Organizations: New York Stock Exchange, REUTERS, Global, U.S . Commerce Department, Federal, LPL Financial, Dow Jones, Nasdaq, Intel, Chevron, European Central Bank, Sanofi, . Treasury, Bank of America, ECB, Thomson Locations: New York City, U.S, Charlotte , North Carolina, Asia, Pacific, Japan, Gaza, Boston, London, Sydney

☆ Everything you need to know about London Fashion Week Spring-Summer 2024
▼ + stars: | 2023-09-20 | by ( Leah Dolan | Nicole Mowbray | ) edition.cnn.com time to read: +12 min

London CNN —London Fashion Week kicked off on Friday in the glow of a sweltering UK heatwave, and concluded on Tuesday after biblical showers and thunderstorms. More famous faces piled into the London fashion scene over the course of the week. Dave Benett/Courtesy BurberryHowever, some controversial collections and marketing choices brought London Fashion Week outside of the industry bubble and into the wider cultural conversation. Henry Nicholls/AFP/Getty ImagesErdem's collection was partly inspired by the protected stately home, Chatsworth House, in the North of England. Henry Nicholls/AFP/Getty ImagesAshish returned to the London Fashion Week runway after 4 years with a show that was suitably high-octane and glamorous.

Persons: JW Anderson, Erdem, Simone Rocha, Findikoglu, Halpern, Nensi, S.S, Daley, Anna Wintour, Sienna Miller, Jodie Turner, Smith, Princess Eugenie, Kate Winslet, Cole Sprouse, Suki Waterhouse, Charli, Ncuti Gatwa, Alexa Chung, Mo Farah, “, Damon Albarn, Rachel Weiss, Jodie Comer, Kylie Minogue, Burna Boy, Barry Keoghan, Dave Benett, Burberry —, Daniel Lee, —, Mowalola, HARRI, Sam Smith, JW, Kwok, Joe Maher, Crocs, Sinéad O’Dwyer, Molly Goddard, Victor Virgile, Gareth Cattermole, David, David Cronenberg, David Lynch, 16Arlington, Isamaya Ffrench, Jeff Spicer, Richard Quinn, ”, Goddard, Matty Bovan —, Bovan, ” Richard Quinn, Matty Bovan, tulle, Susan Fang, David Koma, David Lee’s Burberry, Giovanni Giannoni, Di Petsa, beading, Susan Fang's, Henry Nicholls, Chet Lo's, Wiktor, Chet Lo, Shane Anthony Sinclair, Stuart Wilson, TOVE, Daniel Lee's, Shutterstock Burberry, Ashish, Poppy Delevingne, Anderson, KNWLS — Organizations: London CNN, London, Burberry, Vogue, JW, Highbury, Fashion, Brit, BFC, Getty, National Theatre, National, Publishing, London's Barbican Center, British Locations: couture, London, North London, Saudi, Hong, Kong, Erdem, AFP, Englishness, Chatsworth House, North, England, Noor

☆ British Vogue announce Chioma Nnadi as Edward Enninful’s successor
▼ + stars: | 2023-09-18 | by ( Nicole Mowbray | ) edition.cnn.com time to read: +3 min

CNN —British Vogue announced Monday that Chioma Nnadi will replace Edward Enninful as the head of the magazine. Nnadi — described as a “Vogue veteran” by Condé Nast, the publishing house that owns Vogue — will be the first Black woman to edit the historic fashion title. I’m so grateful to Edward Enninful for everything he’s accomplished at British Vogue, and we’re all looking forward to a productive and creative relationship with him in his new role. Edward Enninful attends a party celebrating Vogue World during London Fashion Week on September 14, 2023. Yeah, there’s definitely pressure – it’s Vogue,” and added, “It still means something to be in Vogue, it still has authority.

Persons: Edward Enninful, Nnadi —, ”, Condé Nast, Chioma, Stefan Ruiz, Conde Nast Nnadi, Rihanna, Erykah Badu, Cara Delevingne, Anna Wintour, ” Wintour, David M, Enninful —, —, Enninful, Nnadi, Edward Organizations: CNN, British Vogue, Vogue, American Vogue, Global, London, Guardian Locations: British, France, Italy, India, Japan, Nigerian, Swiss, London, New York, Vogue

☆ Vogue World: Stars flock to Britain’s answer to the Met Gala
▼ + stars: | 2023-09-15 | by ( Nicole Mowbray | ) edition.cnn.com time to read: +6 min

London, UK CNN —It was billed as Britain’s answer to the Met Gala, and last night’s inaugural “Vogue World” at the Theatre Royal on London’s Drury Lane didn’t disappoint. Vianney Le Caer/Invision/APActress and singer Dove Cameron went back to the future in a shiny silver suit and matching bikini top. Vianney Le Caer/Invision/Vianney Le Caer/Invision/APThe late Queen Elizabeth II's granddaughter, Princess Eugenie, looked elegant in an emerald silk dress by Fendi. Vianney Le Caer/Invision/APKate Winslet went for casual chic in a loose-fit two-piece white suit with a beige bustier underneath. Vianney Le Caer/Invision/APRita Ora arrived in a black Alaïa mermaid gown sourced from eBay.

Persons: Lane didn’t, Anna Wintour, Edward Enninful —, Sienna Miller, Miller, Beatrice, Eugenie, Richard Quinn, Fendi, Yui Mok, Sadiq Khan, Baz Luhrmann, Kate Winslet, Jared Leto, Jodie Turner Smith, Maisie Williams, Stella McCartney, Christopher Kane, Victoria Beckham, Olivier, Stephen Daldry, John Galliano, Kate Moss, Hongni Wu, Rambert, Stormzy, Sophie Okonedo, Damien Lewis, Cush Jumbo, James Corden, Damian Lewis, James McAvoy, “, Annie Lennox, Naomi Campbell, Cindy Crawford, Linda Evangelista, Christy Turlington, Mike Marsland, AJ Odudu, Robert Wun, Vianney Le Caer, Dove Cameron, Queen Elizabeth II's, Princess Eugenie, Fendi . Vianney Le Caer, Princess Beatrice, David M, Alison Mosshart, Alexa Chung, Nicklas Skovgaard, Anna Shaffer, David Fisher, Carrie Mulligan, Henry Nicholls, Jenna Coleman, Peter Pan, May Jagger, Jerry Hall, Mick Jagger, Vivienne Westwood, Tom Daley, Gemma Chan, Louis Vuitton, Rita Ora, Hollie Adams Organizations: UK CNN, Theatre Royal, US, British Vogue, London, London’s, BAFTA, National Theatre, Royal Opera House, Royal Ballet, Southbank Sinfonia, Rambert, Getty, Rodarte’s, MTV, Model, eBay, Reuters Locations: London, UK, British, Invision, AFP

☆ Taylor Swift wins second consecutive video of the year award at MTV VMAs
▼ + stars: | 2023-09-13 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Taylor Swift made the whole place shimmer at the MTV Video Music Awards on Tuesday night, when she won the award for video of the year for the second time in a row. Last year, Swift won the same award for her “All Too Well (10 Minute Version) (Taylor’s Version)” music video. Tuesday’s wins come as Swift continues what’s arguably her most successful era yet, which started in 2022 when she released her 10th studio album “Midnights.”Taylor Swift at the MTV Video Music Awards in New Jersey on Tuesday. She also made an ultimately short-lived amends with West when she presented him with the Michael Jackson Video Vanguard Award that year. And in 2022, she announced that she’d be releasing “Midnights” while accepting the award for best longform video.

Persons: CNN — Taylor Swift, shimmer, Swift, Bejeweled, ” Swift, Tuesday’s, what’s, ” Taylor Swift, Timothy A, Clary, “, she’s, Kanye West, ”, Karlie Kloss, Selena Gomez, Gigi Hadid, Hailee Steinfeld, Cara Delevingne, Michael Jackson Organizations: CNN, MTV, “, Getty Locations: New Jersey, AFP

☆ Coco Gauff’s US Open victory given presidential seal of approval
▼ + stars: | 2023-09-10 | by ( Issy Ronald | ) edition.cnn.com time to read: +5 min

“Congrats to U.S. Open Champion Coco Gauff,” President Joe Biden wrote on X, formerly known as Twitter. Mike Stobe/Getty Images Aryna Sabalenka of Belarus is recognized for her runner-up finish against Coco Gauff. Sarah Stier/Getty Images Sabalenka and Gauff pose for a photo with former player Billie Jean King before the match. Sarah Stier/Getty Images Gauff is introduced ahead of the match. Sarah Stier/Getty Images A US flag is unfurled during the opening ceremony for the US Open women's singles final.

Persons: Coco Gauff, Aryna Sabalenka, Venus Williams, Gauff, CNN’s Carolyn Manno, Serena Williams, “, ”, ” Gauff, “ Congrats, Joe Biden, Arthur Ashe, You’ve, ” Coco Gauff, Arthur, Mike Segar, Reuters Gauff, Mike Stobe, Sarah Stier, Shannon Stapleton, Frank Franklin II, Darren Carroll, AP Sabalenka, Danielle Parhizkaran, Al Bello, Charles Krupa, Clive Brunskill, Sabalenka, Billie Jean King, Timothy A, Clary, Michelle Obama, Laura Siegmund, Obama, Gauff’s, Bill Clinton, Venus, Serena, “ Let’s, Nicole Kidman, Amanda Seyfried, Cara Delevingne, Ariana DeBose, Diane Keaton, Mindy Kaling, Rachel Brosnahan, Jonathan Van Ness, Carlos Alcaraz, Zendaya Organizations: CNN, Wimbledon, Reuters, USTA, AP, USA, Network, Sabalenka, Gauff, Getty, WTA, Gotham Locations: American, U.S, America, Queens, Belarus, AFP

[1/3] Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Nonfarm payrolls increased by 187,000 jobs last month, the Labor Department said in its closely watched employment report on Friday, slightly below expectations of 200,000 jobs. U.S. Treasury yields dropped after jobs data on Friday showed the U.S. economy added fewer jobs than expected in July, but investors hesitated to rule out further monetary tightening. Oil prices headed for a sixth straight weekly gain, driven by the prospect of reduced supply from Saudi Arabia and Russia. U.S. crude rose 1.4% to $82.69 per barrel and Brent was at $86.10, up 1.13% on the day.

Persons: Mike Segar, Rick Rieder, Randy Frederick, Charles Schwab, Frederick, Sterling, Fitch, Brent, Lawrence Delevingne, Amanda Cooper, Elizabeth Howcroft, Ankur Banerjee, Sruthi Shankar, Sharon Singleton, Nick Macfie, Diane Craft Organizations: Wall, New York Stock Exchange, REUTERS, Apple, Treasury, U.S ., Labor Department, Dow Jones, Nasdaq, FTSE, U.S . Federal, Bank of England, U.S . Treasury, Thomson Locations: Manhattan, New York City , New York, U.S, Austin , Texas, United States, Saudi Arabia, Russia, Boston, London

☆ Wall St shares pare losses after choppy trading as yields spike
▼ + stars: | 2023-08-03 | by ( Lawrence Delevingne | Thomson Reuters | Delevingne Works Primarily On Enterprise Stories Related To Finance. He Joined Reuters In | ) www.reuters.com time to read: +4 min

Wall Street investors weighed another rise in Treasury yields with the latest batch of economic data and earnings. U.S. long-term Treasury yields hit nine-month highs on Thursday after employment and other economic data pointed to easing inflation, maintaining their high levels in the afternoon. EURO SHARES DOWNEuropean shares (.STOXX) slipped 0.6%, the third straight day of losses, bruised by disappointing earnings reports and elevated U.S. bond yields. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.2%, extending losses after a drop of 2.3% a day earlier. Spot gold ticked up 0.1% to $1,934 an ounce, held in check by a robust dollar and elevated bond yields.

Persons: Andrew Kelly, BoE, Gennadiy Goldberg, Goldberg, Sterling, Stuart Cole, Morgan Stanley, Brent, Lawrence Delevingne, Tom Wilson, Stella Qiu, Jonathan Oatis, Will Dunham, Alexander Smith Organizations: Dow Jones, New York Stock Exchange, REUTERS, Wall Street, Nasdaq, TD Securities, Reuters Global, . Labor Department, FTSE, Bank of England, Equiti, Thomson Locations: Manhattan , New York City, U.S, Asia, Pacific, Japan, China, Saudi, Boston, London, Sydney

☆ Gloomy data makes investors more cautious on world economy
▼ + stars: | 2023-08-01 | by ( Lawrence Delevingne | Thomson Reuters | Delevingne Works Primarily On Enterprise Stories Related To Finance. He Joined Reuters In | ) www.reuters.com time to read: +4 min

[1/3] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. European stocks (.STOXX) fell 0.9%, stepping back from a 2% increase in July, the index's second month of gains. UK stocks (.FTSE) also fell 0.4%, though HSBC (HSBA.L) climbed 1.3% after announcing a $2 billion share buyback and raising its key profitability target. U.S. Treasury yields rose on Tuesday with 30-year paper touching a new year-high as investors expected an increase in government debt issuance and anticipated more signs of economic resilience, despite data showing a slowdown in activity. China's stumbling post-pandemic recovery remained in focus, for instance, after a surprise contraction in manufacturing in a private-sector survey released Tuesday.

Persons: Brendan McDermid, Michael Hewson, Ronald Temple, Brent, Lawrence Delevingne, Tom Wilson, Kevin Buckland, Angus MacSwan, Susan Fenton, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Treasury, Dow Jones, Nasdaq, Merck & Co, Pfizer, Caterpillar Inc, HSBC, . Federal, CMC Markets, U.S, Lazard, Fed, Energy, BP, Bank of, Thomson Locations: New York City, U.S, China, Asia, Boston, London, Tokyo

[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. European shares gained modestly after euro zone inflation fell further in July seeing that most measures of underlying price growth also eased. "Data out this week should remain superficially consistent with the 'soft landing' narrative," Citi market strategists wrote in a note. Japanese 10-year yields surged to a nine-year high up to 0.6% on Monday, and toward the new cap of 1.0%. U.S. crude rose 1.63% to $81.89 per barrel and Brent was at $85.56, up 0.67% on the day.

Persons: Brendan McDermid, Florian Ielpo, Paul Christopher, Christopher, Austan Goolsbee, Sterling, Brent, Lawrence Delevingne, Nell Mackenzie, Nick Macfie, Will Dunham, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Dow Jones, Nasdaq, Apple Inc, Caterpillar Inc, Starbucks Corp, Devices, Markets, European Central Bank, Lombard, U.S, Citi, Intel, Lam Research, Wells Fargo Investment, Chicago Federal Reserve Bank, Bank of England, Bank of, Federal Reserve, Bank of Japan, Treasury, Thomson Locations: New York City, U.S, Wells Fargo, Boston, London

As investors bet on a milder inflation outlook, the MSCI World Equity index (.MIWD00000PUS) rose to its highest so far this year. BOND YIELD BOUNCEU.S. government bond yields bounced back slightly on Friday after sharp declines earlier in the week. The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was up 10.6 bps at 4.717%. "Getting the 3% (inflation reading) is one thing, getting back to 2% is going to be a much harder task," Villamin said. LOWER DOLLAR HOLDSThe dollar hovered near a 15-month low on Friday and was set for its biggest weekly decline since November after softening U.S. inflation data.

Persons: Brendan McDermid, Germany's DAX, Michele Morganti, Morganti, Norman Villamin, We're, Villamin, Brent, Lawrence Delevingne, Elizabeth Howcroft, Jan Harvey, Nick Macfie Organizations: New York Stock Exchange, REUTERS, U.S . Federal Reserve, Wednesday U.S, JPMorgan Chase, UnitedHealth, Dow Jones, Nasdaq, Generali Investments, Treasury, Brent, Thomson Locations: New York City, U.S, Rome, Libya, Nigeria, Boston, London

Wall Street's main stock indexes built on Wednesday's sharp gains after data showed that consumer prices rose modestly in June, registering the smallest annual increase in more than two years. Other data on Thursday showed that U.S. producer prices barely rose in June, U.S. jobless claims unexpectedly declined, and Chinese exports dropped. The dollar index slumped to its lowest level since April 2022 on Thursday, as the cooling U.S. inflation bolstered expectations the Fed will rates only once more in 2023, eroding the greenback's yield advantage over peers. The euro was up 0.86% to $1.122, and the Japanese yen strengthened 0.37% versus the greenback at 137.99 per dollar. Oil prices traded near the highest levels in two months on the soft U.S. dollar.

Persons: Yung, Yu Ma, Ma, Brent, Lawrence Delevingne, Huw Jones, Stella Qiu, Chizu Nomiyama, Andrew Heavens, Leslie Adler, Diane Craft Organizations: Treasury, Federal, Dow Jones, Nasdaq, Federal Reserve, Fed, Citigroup, Japan's Nikkei, Monetary Fund, BMO Wealth Management’s, Thomson Locations: Asia, Europe, CHINA, China, Pacific, Japan, Boston, London, Sydney

☆ Wall Street cheers cool CPI with stock rally; dollar, yields decline
▼ + stars: | 2023-07-12 | by ( Lawrence Delevingne | Thomson Reuters | Delevingne Works Primarily On Enterprise Stories Related To Finance. He Joined Reuters In | ) www.reuters.com time to read: +4 min

REUTERS/Ralph OrlowskiSummaryCompanies U.S. CPI data for June shows inflation slowdownWall Street stocks gainDollar, Treasury yields dropOil and gold gainJuly 12 (Reuters) - Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S. inflation data showed a slowdown in the seemingly relentless rise of consumer prices. The Consumer Price Index (CPI) gained just 0.2% last month, the Labor Department said on Wednesday, lifted by rises in gasoline prices as well as rents, which offset a decrease in prices of used motor vehicles. Shares of big tech-related companies, which tend to be sensitive to higher interest rates, gave the S&P 500 its biggest boost. /FRXU.S. Treasury yields also dropped, with the 10-year Treasury yield now at 3.865%, down 11.9 basis points . Wall Street banks overall are expected to report higher profits as rising interest payments offset a downturn in deal making.

Persons: Ralph Orlowski, Alexandra Wilson, Elizondo, Bryce Doty, Australia's, Wells, Scott Wren, Wren, Brent, Lawrence Delevingne, Marc Jones, Ankur Banerjee, Jan Harvey, Chizu Nomiyama, Will Dunham, Mark Heinrich Our Organizations: REUTERS, Companies U.S, Treasury, Index, Labor Department, Dow Jones, Nasdaq, Goldman Sachs Asset Management, CPI, Bank of England, U.S, Sit Investment, Fed, Japan's Nikkei, JPMorgan, Citigroup, Wells, Investment Institute, Brent, Wednesday, Thomson Locations: Frankfurt, Germany, U.S, Minneapolis, Asia, Wednesday ., Boston, London, Singapore, Carolina, New York

[1/2] A trader works at the Frankfurt stock exchange, amid the coronavirus disease (COVID-19) outbreak, in Frankfurt, Germany, December 30, 2020. The Consumer Price Index (CPI) gained just 0.2% last month, the Labor Department said on Wednesday, lifted by rises in gasoline prices as well as rents, which offset a decrease in prices of used motor vehicles. CPI advanced 3.0% in the 12 months through June, down from 4.0% in May and the smallest year-on-year increase since March 2021. /FRXU.S. Treasury yields also dropped, with the 10-year Treasury yield now at 3.853%, down 12.9 basis points . EARNINGS AHEADOvernight in Asia, Australia's S&P/ASX 200 index (.AXJO) rose 0.4%, while the bouncing yen knocked Japan's Nikkei (.N225) down 0.8%.

Persons: Ralph Orlowski, Alexandra Wilson, Elizondo, Bryce Doty, Australia's, Wells, Scott Wren, Wren, Brent, Lawrence Delevingne, Marc Jones, Ankur Banerjee, Jan Harvey, Chizu Nomiyama, Mark Heinrich Our Organizations: REUTERS, Companies U.S, Treasury, Index, Labor Department, Dow Jones, Nasdaq, Goldman Sachs Asset Management, Bank of England, U.S, Sit Investment, Fed, Bank of Canada, Japan's Nikkei, JPMorgan, Citigroup, Wells, Investment Institute, Brent, Thomson Locations: Frankfurt, Germany, U.S, Minneapolis, Asia, dealmaking, Boston, London, Singapore, Carolina, New York

[1/2] A trader works at the Frankfurt stock exchange, amid the coronavirus disease (COVID-19) outbreak, in Frankfurt, Germany, December 30, 2020. The Consumer Price Index (CPI) gained just 0.2% last month, the Labor Department said on Wednesday, lifted by rises in gasoline prices as well as rents, which offset a decrease in the price of used motor vehicles. CPI advanced 3.0% in the 12 months through June, down from 4.0% in May and the smallest year-on-year increase since March 2021. /FRXU.S. Treasury yields also dropped, with the 10-year Treasury yield now at 3.885%, down 9.7 basis points . GLOBAL STOCKS, COMMODITIESOvernight in Asia, Australia's S&P/ASX 200 index (.AXJO) rose 0.4%, while the bouncing yen knocked Japan's Nikkei (.N225) down 0.8%.

Persons: Ralph Orlowski, Alexandra Wilson, Elizondo, Bryce Doty, Australia's, Wells, Brent, Lawrence Delevingne, Marc Jones, Ankur Banerjee, Shashwat Chauhan, Jan Harvey, Chizu Organizations: REUTERS, Companies U.S, Treasury, Index, Labor Department, Dow Jones, Nasdaq, Goldman Sachs Asset Management, Bank of England, U.S, Sit Investment, Fed, Bank of Canada, Japan's Nikkei, JPMorgan, Citigroup, Brent, Thomson Locations: Frankfurt, Germany, U.S, Minneapolis, Asia, Boston, London, Singapore, Bengaluru

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