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☆ This is the best setup for gold and silver in a decade, says Citi's Max Layton
▼ + stars: | 2024-10-25 | 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 EmailThis is the best setup for gold and silver in a decade, says Citi's Max LaytonMax Layton, Citi head of commodities research, joins 'Squawk Box' to discuss the price of gold and silver, state of commodities, and more.

Persons: Citi's Max Layton Max Layton Organizations: Citi

Beloved finger-wagging Hall of Fame center Dikembe Mutombo, one of basketball's most feared shot blockers, died of brain cancer, the NBA announced on Monday. Dikembe Mutombo playing for the Georgetown Hoyas in Landover, Md., on Jan. 1, 1991. The future Hall of Fame coach, who developed future NBA big man Patrick Ewing and had Alonzo Mourning on campus, convinced Mutombo to turn his attention to the hardwood. Mutombo parlayed his Georgetown play into becoming the fourth overall pick of the Denver Nuggets in the 1991 NBA Draft. "Other than what he has accomplished on the basketball court, I think he was even better off the court."

Persons: Mutombo, Dikembe, Mitchell Layton, Marie Mutombo, ”, Adam Silver, Silver, Mukamba Jean Jacques Wamutombo, John Thompson, Patrick Ewing, Alonzo Mourning, parlayed, Allen Iverson, Kobe Bryant, Shaquille O’Neal, Joel Embiid Organizations: of Fame, NBA, Georgetown Hoyas, Getty, Democratic, NBC News, Georgetown University, Georgetown, Denver Nuggets, Big East Conference, Philadelphia 76ers, Los Angeles Lakers, Kobe, 76ers Locations: Denver , Atlanta, Philadelphia , New Jersey , New York, Houston, Landover, Md, Democratic Republic of Congo, Kinshasa, Cameroon

☆ Activist investor Engine Capital pushes for new board at Upwork after taking 4% stake
▼ + stars: | 2024-09-13 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Close-up of sign at entrance to Silicon Valley headquarters of outsourcing and freelancing company Upwork, Mountain View, California, May 3, 2019. Activist investor Engine Capital has a roughly 4% stake in freelance marketplace Upwork and is pushing for a shakeup to the company's board. Upwork shares rose more than 3% on the news in pre-market trading Friday. Engine singled out several Upwork directors, including Chairman Thomas Layton and Greg Gretsch, for their lengthy tenures. Meanwhile, none of Upwork's directors have any apparent experience in staffing industry, the activist said.

Persons: Hayden Brown's, Brown, Arnaud Ajdler, Thomas Layton, Greg Gretsch, Splunk, Gary Steele, Ajdler, Upwork, Fiverr, Upwork didn't Organizations: CNBC Locations: Silicon, View , California

☆ Why Ukraine May Not Use New F-16s in Frontline Attacks
▼ + stars: | 2024-08-01 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Officials later confirmed to the Associated Press that some F-16s were indeed in Ukraine. AdvertisementThis means Ukraine may not use its F-16s for the frontline offensives it would prefer, according to military experts and Ukraine's top general. Peter Layton, a fellow at the Griffith Asia Institute who served in Australia's air force, said Ukraine would have to be cautious. He said its small number of aircraft and few pilots would mean Ukraine has to prioritize avoiding losses, so it can fly the F-16s as long as possible. Ukraine also faces challenges when it comes to logistics around the F-16s.

Persons: —, Netherlands —, Peter Layton, Justin Bronk, Gen, Oleksandr Syrskyi, Marina Miron, Volodymyr Zelenskyy Organizations: Service, Bloomberg, Associated Press, NATO, Business, Times, Griffith Asia Institute, Russian, Royal United Services Institute, Guardian, War Studies Department, King's College London, Department of Defense, Politico, Washington Post, Reagan Locations: Ukraine, — Belgium, Denmark, Norway, Netherlands, London, Russia, Col, Ukrainian

☆ With a NATO war and Ukraine's knack for shooting down planes in mind, Russia is holding back its airpower and most advanced jets
▼ + stars: | 2024-07-31 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +13 min

Read previewRussia has kept much of its airpower and some of its most advanced aircraft out of the war in Ukraine. But Baum and other air warfare experts have warned Russia's air force should not be underestimated and cautioned that NATO should be ready. AdvertisementRussia's air force is weaker than NATO's airpower, but Russia's war in Ukraine shows it can still cause a lot of damage. Russia's air force has suffered high attrition rates from Ukraine's ground-based air defenses when operating in the country. Related storiesHe said that Russia "has a lot of trouble replacing lost advanced aircraft," only making a few a year.

Persons: —, John Baum, Su, Andrew Curtis, Curtis, Michael Clarke, Christopher Cavoli, it's, Clarke, Evelyn Hockstein, Baum, Peter Layton, Layton, Volodymyr Zelenskyy, Jens Büttner, Russian Sukhoi Su, Nicola Marfisi, Russia's, There's, Sukhoi Su, Aleksey Nikolskyi, REUTERS George Barros, Jake Epstein, Gustav Gressel, Tim Robinson, Russia's Su, Robinson, Mads Claus Rasmussen, Ritzau Scanpix Organizations: Service, NATO, Mitchell Institute, US Air Force, Business, UK Ministry of Defense, Russian Air Force, Royal Air Force, REUTERS, Ukraine, Griffith Asia Institute, Royal Australian Air Force, Russian, Getty Images Air, Getty Images, it's, Sukhoi, Sputnik, European Council, Foreign Relations, UK's Royal Aeronautical Society, Getty Locations: Russia, Ukraine, Europe, Washington, NATO, Russian Sukhoi, Ukrainian, Moscow, Kremlin, AFP

☆ South Korea: Flying aboard the AC-130J Ghostrider, carrying America’s biggest gun in the sky
▼ + stars: | 2024-07-09 | by ( Brad Lendon | Mike Valerio | ) edition.cnn.com time to read: +8 min

AC-130 gunners Joe Gipson (back) and Isaac Dowell tend the 105mm cannon aboard a US Air Force AC-130J during a live-fire exercise over South Korea. A 105mm howitzer is seen at the rear of a US Air Force AC-130J at Osan Air Base, South Korea, in early June 2024. ‘Spooky’ historyUS Air Force gunships trace their lineage back to the Vietnam War, when the service set up 7.62 mm guns to fire out one side of a C-47 transport aircraft. With the AC-130J model, introduced in 2017, the Air Force removed the machine guns in favor of the more precision-guided munitions. The AC-130’s crew acknowledges the dangers of ground fire to their aircraft, and some analysts question its usefulness in any potential conflict with North Korea.

Persons: Ghostrider, Joe Gipson, Isaac Dowell, Brad Lendon, John Ikenberry, Kim Jong Un, ” Ikenberry, Heath Curtis, Mike Valerio, Curtis, ”, Justin Burris, Peter Layton, Layton, Maj, Christopher Mesnard, CNN’s Yoonjung Seo, Gawon Bae Organizations: Korean Peninsula CNN, US Air Force AC, CNN, Air Force Special Operations Command, US Air Force, Osan Air Base, South, Air Force, National Museum of, Operation, US, Griffith Asia Institute, Royal Australian Air Force, Operations Command Locations: Hurlburt Field, Florida, South Korea, Seoul, North Korea, Washington, Korea, Maj, New Mexico, United States, Vietnam, Asia, Grenada, Panama, Somalia, Iraq, Afghanistan, Kunduz, Iraqi, Persian, Khafji, Saudi Arabia, Korean, Australia, Operations Command Korea

☆ Japan: US sending dozens of F-15EX, F35 fighter jets in $10 billion modernization
▼ + stars: | 2024-07-05 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

Japan said basing the new fighter aircraft in the country would enhance US capabilities there. But from 2022, as the twin-engine fighters neared the end of their service life, the US Air Force began pulling them from Kadena. The F-15EX is the Air Force’s newest fighter jet, with the first operational plane delivered to the Oregon Air National Guard in early June. The F-35As that will be stationed at Misawa Air Base are the Air Force’s newest stealth fighters. F-35s deliver “an enhanced capability to survive in the advanced threat environment in which it was designed to operate,” an Air Force fact sheet says.

Persons: Yoshimasa Hayashi, Carlos Barria, 15EX, Peter Layton, ” Layton, Layton, ”, CNN’s Hanako Montgomery Organizations: CNN, Defense Department, Pentagon, Japan Alliance, Misawa Air Base, Kadena Air Base, Marine Corps Air Station Iwakuni, U.S . Air Force, Chinese Communist Party, US Air Force, Boeing, Military, Air Force’s, Oregon Air National Guard, USAF, Air Force, Griffith Asia Institute, Royal Australian Air Force, Japan Locations: Japan, Okinawa, Hiroshima, Honshu, United States, U.S, China, Russia, North Korea, Tokyo, East, North, Pyongyang, Britain, Australia, Nevada, Taiwan, Kadena, Washington

☆ Changed rules for Ukraine mean its F-16s will arrive when they can make a far bigger impact, experts say
▼ + stars: | 2024-07-01 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

Read previewNew rules from Ukraine's allies about how it can use weapons they've supplied could have a strong impact on its long-awaited F-16s. That's because Ukraine now has permission to use weaponry given by its allies to hit targets on Russian soil. George Barros, a Russian military expert at the US-based Institute for the Study of War, said this will make the F-16s more effective. AdvertisementEven so, the experts said that the F-16s will make a difference for Ukraine, without being a total game changer on their own. The jets will help replenish lost aircraft, deter Russian jets, and act as air defenses.

Persons: —, George Barros, I'm, Barros, Peter Layton, it's, Layton, didn't, Russian Su, YURI KADOBNOV, Michael Clarke, Mark Cancian, there's, Clarke, Tim Robinson Organizations: Service, Russia, Business, Wing Public Affairs, Griffith Asia Institute, Royal Australian Air Force, Ukraine, Republicans, Getty, Marine, Center for Strategic, International Studies, UK's Royal Aeronautical Society Locations: Ukraine, Russian, Russia, AFP, British, Denmark, Netherlands, Norway, Belgium

☆ Ukraine got the go-ahead to hit Russia with F-16s, but doing so could be a waste of a good jet
▼ + stars: | 2024-06-20 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +11 min

Read previewNATO member Denmark has given Ukraine permission to use the F-16s it receives to hit military targets within Russia. AdvertisementThe exact number of F-16s Ukraine will get to begin with is unclear, but it's not expected to be many. But in Russia, Ukrainian aircraft can also expect to battle the Russian Air Force in addition to enemy air defenses. It would also bolster a capability that has been heavily strained by relentless Russian attacks, and that's air defense. But they said these fighter jets will be useful for Ukraine by replenishing lost aircraft, deterring Russian jets, and acting as defenses.

Persons: —, George Barros, Israel Aerospace Industries Barros, it's, Mark Cancian, Tim Robinson, Peter Layton, Volodymyr Zelenskiy, Mette Frederiksen, Ritzau Scanpix, Mads Claus Rasmussen, there's, Michael Clark, Clark, Cancian, ISW, Layton, Robinson, DIMITAR DILKOFF, Noble, Chanceler Organizations: Service, Business, Ukraine, Analysts, Israeli Military Industries Systems, Israel Aerospace Industries, Marine, Center for Strategic, International Studies, UK's Royal Aeronautical Society, Griffith Asia Institute, Royal Australian Air Force, Denmark's, Skrydstrup Airbase, REUTERS, Politico, Republicans, Russian Air Force, Getty, Noble Eagle, US Air Force Locations: Denmark, Ukraine, Russia, Moscow, Russian, Israeli, Netherlands, Norway, Belgium, France, Skrydstrup, Vojens, Arizona, Romania, British, Crimea, Ukrainian, AFP

☆ Charles Barkley to retire from TV after next year, ‘no matter what happens’ with TNT
▼ + stars: | 2024-06-15 | by ( Jenna West | ) www.nytimes.com time to read: +2 min

Amid an uncertain future for NBA coverage on TNT, Charles Barkley said he will retire from TV after next year. “I have made the decision myself, no matter what happens, next year is going to be my last year on television,” Barkley said on NBA TV after Game 4 of the NBA Finals on Friday. The NBA Hall of Famer said he’s spoken with other networks and plans to stay with TNT until he retires. “I really love TNT, all the people who work here, NBA Television. NBC is the favorite for the final share of TV rights.

Persons: Charles Barkley, “, ” Barkley, he’s, there’s, Dan Patrick, ”, Discovery’s, Ernie Johnson, Kenny Smith, Shaquille O’Neal, Barkley, Mitchell Layton Organizations: NBA, TNT, of Famer, NBA Television, ESPN, Amazon, Athletic, NBC, Warner Bros, “, CBS Sports, Getty

☆ A new plane Ukraine is getting will amplify its F-16s and eat into Russia's advantage in the air, experts say
▼ + stars: | 2024-06-14 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe arrival of a new type of aircraft for Ukraine will give it an advantage it's not had before, and will help boost the effectiveness of its promised F-16s, experts told Business Insider. Sweden announced late last month that it is giving Ukraine two ASC 890 airborne control and surveillance aircraft, which act as command centers in the air. They remain highly vulnerableDuring the war, Russia has been using its own A-50 Airborne Early Warning & Control aircraft to monitor Ukraine's air space and coordinate attacks. AdvertisementThe experts said hanging back is also likely the best approach for Ukraine's first F-16s, so the jets can protect cities and infrastructure while staying away from most of Russia's weaponry.

Persons: —, it's, Ukraine Tim Robinson, Pal Jonson, Jose Miguel T, Mark Cancian, Peter Layton, Alexander Zemlianichenko, Layton, Cancian Organizations: Service, Ukraine, Business, UK's Royal Aeronautical Society, Swedish, US Air Force, Marine, Center for Strategic, International Studies, Griffith Asia Institute, Royal Australian Air Force, Control, AP, Aircraft Locations: Ukraine, Sweden, Swedish, Russia, Denmark, Netherlands, Norway, Belgium

☆ Squarespace to go private in $7 billion private-equity deal
▼ + stars: | 2024-05-13 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The New York Stock Exchange welcomes Squarespace, Inc. (NYSE: SQSP), on May 19, 2021, in celebration of its Direct Listing. Squarespace , the website-building platform, announced on Monday it would go private in a $6.9 billion all-cash deal with private-equity firm Permira, after nearly three turbulent years on the public market. All three have approved the transaction and will continue to be investors after the Permira deal closes. Qualtrics, for example, was spun off from SAP in 2021 and was quickly taken private again in 2023 by Canada's pension plan and Silver Lake in a $12.5 billion deal. Japanese giant Toshiba also went private in 2023 in a $13.6 billion deal, after years of speculation and tumult, including a sustained engagement with activist investor Elliott.

Persons: Squarespace, Permira, Anthony Casalena, Ares Capital, Anthony, David Erlong, Squarespace's, Elliott, Morgan, Skadden, Richards, Layton, Finger, Goldman Sachs, Watkins Organizations: New York Stock Exchange, Inc, Accel, General Atlantic, Ares, Blackstone, SAP, Toshiba, Investors, Latham Locations: J.P

☆ As Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Lose
▼ + stars: | 2024-05-13 | by ( Christopher Flavelle | Mira Rojanasakul | ) www.nytimes.com time to read: +28 min

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Colo. Colo. Mass. Iowa Iowa Neb. 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Colo. Colo. Mass. Iowa Iowa Neb. 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Colo. Colo. Mass.

Persons: Dave Langston’s, Langston, ”, Dave, Linda Langston, Conn ., S.D, N.M, “, Dave Jones, Carolyn Kousky, “ It’s, Sridhar Manyem, Bill Montgomery, Kristin Heiges, Eldon Neighbor, That’s, Tom O’Meara, Kelsey Kremer, Reinsurers, Doug Ommen, Brandi Mace Storm, David Storm, Tim Kuehner’s, Brandi Mace Storm’s, haggling, Pekin, Mace Storm, Susan Crisler, Tim Kuehner, Tony J, Larson, Chesleigh Fowler, Kelley Erstine, Mr, Erstine, ” Kevin Walters, California Colorado Utah Washington Matt Child, Matthew Baker, Ariz, ” Mr, Baker, Amy Bach, United, Dave Langston, Ommen, Tim Zawacki, Lyndsey Layton, Douglas Alteen, Claire O'Neill, Matt McCann Organizations: IOWA MINNESOTA SOUTH, COLORADO ARKANSAS, NEBRASKA COLORADO, SOUTH, New York Times, Ark . Iowa Ariz, Minn, La . Iowa Iowa Neb, Neb . Texas Idaho Ga, ND Iowa, S.D . Miss, Wash . Ohio Utah Wis, University of California Berkeley, Treasury Department, Environmental Defense Fund, State, NOAA, Celina Insurance, Secura Insurance, Secura, Homeowners, Swiss, Des Moines Register, Associated, “, Iowa, Iowa Minnesota Wisconsin, Pekin Insurance, Pekin, Christensen Group Insurance, Travelers, Nationwide, Indiana Ohio Michigan Illinois, . Arkansas Kentucky Florida Tennessee, Tennessee Department of Commerce and Insurance, ”, Washington, Wildfire, California Colorado, California Colorado Utah Washington, P Global Market Intelligence Locations: Iowa, IOWA MINNESOTA, IOWA MINNESOTA SOUTH DAKOTA NEBRASKA, COLORADO, COLORADO ARKANSAS KENTUCKY ILLINOIS, IOWA MINNESOTA SOUTH DAKOTA, NEBRASKA COLORADO ARKANSAS, KENTUCKY ILLINOIS, SOUTH DAKOTA NEBRASKA, COLORADO ARKANSAS, Iowa , Minnesota, South Dakota , Nebraska , Colorado , Arkansas , Kentucky, Illinois, Cedar Rapids, Cedar Rapids , Iowa, Marshalltown , Iowa, Florida , California, Louisiana, Iowa , Arkansas , Ohio, Utah, Washington, Colo, Mass, Colo . Calif, Calif, Colo . Ala, Colo ., Mont, Fla, Ark . Iowa, Colo . Ill, S.D, N.D, Conn, Del . Idaho Fla, Miss, Neb ., Ky, Ga, Hawaii Mont, N.M . Iowa Fla, Mont ., La . Iowa, Neb . Texas Idaho, ND, Md, Ill, Wyo, Ill . Idaho, . Ill, Minn, Ind, S.D . Vt, La . Texas Mont, Neb . NC, Neb . Mich, N.M, S.D ., Va . Ore . Ohio Mo . Texas, Tenn, Wash . Ohio Utah, Okla, Tenn . Utah, Wis, S.D . Va . Ore . Ohio Mo . Texas, California, American, U.S, Pennsylvania, Arizona, Wisconsin, United States, Marshalltown, Iowa Minnesota, Iowa Minnesota Wisconsin South Dakota, Celina, Pekin, Des Moines, Minnesota, Illinois , Indiana , Ohio, Illinois , Indiana, Michigan, Arkansas, Kentucky, Tennessee, . Arkansas Kentucky Florida, Georgia , Kentucky, Mississippi, Washington State, California Colorado Utah, Salt Lake City, Phoenix, Flagstaff, it’s, Gilbert, Seattle, Colorado, Florida’s, Central City , Iowa, Georgia

☆ We're entering the second secular bull market for copper, says Citi's Max Layton
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're entering the second secular bull market for copper, says Citi's Max LaytonMax Layton, Citi global head of commodities research, joins 'Squawk Box' to discuss the latest oil and commodities price trends, impact of Middle East conflict, and more.

Persons: Citi's Max Layton Max Layton Organizations: Citi

☆ Wall Street's scenarios for the Israel-Iran conflict from here and its impact on the oil market
▼ + stars: | 2024-04-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

The oil market has brushed off Iran's weekend air assault against Israel, with futures trading as much as 1.5% lower on Monday. Oil prices could spike above $100 a barrel depending on how Israel responds to the attack, the analyst wrote. Attack 'well-telegraphed' Iran's attack, though unprecedented, did little actual damage as Israel and the U.S. intercepted nearly all the drones and missiles. The Islamic Republic warned, however, it would strike harder next time if Israel responds to the weekend attack. Potential threats include Iran seizing ships associated with Israel in the Strait of Hormuz; Israel attacking Iranian oil and gas assets; or Iran striking energy assets of its neighbors if Israel hits too hard.

Persons: Israel, Maximilian Layton, Layton, Brent, Helima Croft, CNBC's, Natasha Kaneva, Kaneva, Goldman, Daan Struyven, RBC's Croft, Jan Stuart, Piper Sandler, Stuart Organizations: Citi ., Brent, Citi, RBC Capital Markets, RBC, U.S, United Nations, Islamic, JPMorgan, CNBC Locations: Israel, Iran, Damascus, Syria, Tehran, Lebanon, Republic, Islamic Republic, Goldman Sachs, Strait, Hormuz, Iranian

☆ Citi's Max Layton on what's fueling higher oil prices
▼ + stars: | 2024-03-15 | 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 EmailCiti's Max Layton on what's fueling higher oil pricesMax Layton, Citi global head of commodities research, joins 'Money Movers' to discuss the recent price action in oil and copper, if any further gains in oil will stick, and the best opportunities in the commodity space.

Persons: Max Layton Organizations: Citi

☆ Trader Joe's makes eating a plant-based diet easy. These are 11 of the best vegan products to buy there.
▼ + stars: | 2024-02-09 | by ( Danielle Layton | ) www.businessinsider.com time to read: +1 min

Trader Joe's products have shown me that eating a plant-based diet can be delicious & affordable. When I take a trip to Trader Joe's, I pick up items like mini vegetable samosas and super-firm tofu. Trader Joe's also carries vegan items I can't find at most other stores, like heavy whipping cream. I think Trader Joe's products prove that eating a plant-based diet can be easy, affordable, and accessible. Here are some of the best vegan items I picked up during my recent trip to Trader Joe's.

Persons: Joe's, — Organizations: Service

☆ Terry Killens: 24 years ago, he played in a Super Bowl as a player. Now, he’s making history as an official
▼ + stars: | 2024-02-07 | by ( Ben Morse | ) edition.cnn.com time to read: +9 min

Killens’ first appearance in a Super Bowl had ended in unimaginable disappointment. The linebacker, who was in the league for seven seasons, never competed in another Super Bowl during his playing days. Killens is part of the crew officials ruling over the upcoming Super Bowl – which will be played in Las Vegas’ Allegiant Stadium on February 11 between the Kansas City Chiefs and the San Francisco 49ers – making him first person to both play in and referee a Super Bowl. Dyson is tackled by St. Louis linebacker Mike Jones just short of the goal line on the last play of Super Bowl XXXIV. When we wear the stripes, we are guardians of the game,” Killens explains.

Persons: Kevin Dyson’s, Terry Killens, Dyson, Killens, “ It’s, I’ve, it’s, “, Rhonda, Tennessee Titans –, Nate Singleton, Mitchell Layton, Frank Wycheck, Hall, Hall of Famers Kurt Warner, Marshall Faulk, Isaac Bruce, Orlando Pace, St, Louis, Mike Jones, Mike Zarrilli, ”, “ ‘, ’ ”, ‘, ” Killens, “ slimming, –, Michael Zagaris, “ I’ve, Shawn Hochuli’s, Bill Vinovich’s Organizations: CNN, Tennessee Titans, Louis Rams, Rams, NFL, Super, Kansas City Chiefs, San Francisco 49ers, National, Football, JV, Houston Oilers, Houston natives, Baltimore Ravens, Buffalo Bills, Titans, Hall of Famers, Killens, Sunday, Seattle Seahawks, Ohio High School Athletic Association, Chiefs, 49ers Locations: Las Vegas, Tennessee, Houston, Nashville, Atlanta

☆ Geopolitical events could temporarily boost oil: Citi's Max Layton
▼ + stars: | 2024-02-05 | 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 EmailGeopolitical events could temporarily boost oil: Citi's Max LaytonMax Layton, Citi global head of commodities research, joins 'Money Movers' to discuss why events in the Red Sea haven't had a major impact on oil prices, how significant the oversupply is in the oil markets, and what'll happen with oil prices this year.

Persons: Max Layton Max Layton Organizations: Citi

☆ A key indicator shows Americans' financial stress is mounting
▼ + stars: | 2024-01-23 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

LegalShield's Consumer Stress Legal Index showed consumer financial stress is continuing to rise. LegalShield on Tuesday said its Consumer Stress Legal Index rose to 66.7 in December, up by 0.4 points from the prior month, showing that US consumers' financial stress is at its highest level since November 2020. AdvertisementUS consumer financial stress has soared to its highest in three years. "The rise in consumer stress in contrast to increased spending may point to an even sharper rise in household debt in the coming months." The increase in consumers' financial stress comes even as GDP growth has stayed strong, the labor market remains robust, and holiday retail spending was high.

Persons: —, Matt Layton Organizations: Service, National Association of Business Economics, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York

☆ Citi's Max Layton on oil: Not expecting significant upside from Red Sea attacks
▼ + stars: | 2024-01-19 | 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 EmailCiti's Max Layton on oil: Not expecting significant upside from Red Sea attacksMax Layton, Citi global head of commodities research, joins 'Money Movers' to discuss what's putting the entire commodities sector at risk, how what's happening in the Red Sea impacts what's happening in the oil sector, and more.

Persons: Max Layton Organizations: Citi

☆ Bitcoin and gold are smashing through key levels. Here's what's driving the moves
▼ + stars: | 2023-12-04 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Both gold and bitcoin kicked off the week by hitting new milestones — spot gold hit a record high above $2,100 per ounce, and bitcoin topped $42,000 to hit its highest level since April 2022. The digital currency appears to have broken through key technical levels and could continue to rally through the end of the year, according to Joel Kruger, market strategist at LMAX Group. "A Bitcoin ETF allows easy access to Bitcoin via broker accounts, RIAs and wealth/private banking channels. Think of Bitcoin ETF as the largest pipe ever built between traditional financial markets and crypto financial markets," the note said. XAU= 5D mountain Gold retreated from the record high reached on Sunday evening in New York.

Persons: bitcoin, Joel Kruger, Kruger, Bernstein, Gautam Chhugani, Chhugani, Bitcoin, Maximilian Layton, Layton, Gold, Craig Erlam Organizations: LMAX, CNBC, Securities, Exchange Commission, SEC, BlackRock, ETF Locations: Bitcoin, U.S, New York

☆ Oil is struggling this week but could be primed for a near-term bounce, analysts say
▼ + stars: | 2023-11-10 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Oil prices may be due for a pop after their recent struggles, according to two analysts. International benchmark Brent is down 3.7% this week, while U.S. West Texas Intermediate futures have lost nearly 4%. Flynn said virtually everyone in the market right now is short oil futures. "You could easily mount a recovery here because we're probably the most oversold in a year in the market," said Flynn. OPEC+ will meet in two weeks and could take action to defend prices while there's still a low risk of regional war.

Persons: Phil Flynn, Flynn, we're, Hossein Amir, Abdollahian, Qatar's Sheikh Mohammed bin Abdulrahman, Maximilian Layton, there's, Layton Organizations: Brent, U.S, West Texas, Price Futures, Iranian, Iran's Press, Citi Locations: Europe, China, Qatar's Sheikh Mohammed bin Abdulrahman Al Thani, Gaza, OPEC, Israel, Iran

The future may be bright and electric but copper and the rest of the LME metals are currently caught in an old-fashioned industrial downturn. Such "green" investment appears to be acting as a major offset to the downturn in the traditional metals demand driver that is the commercial property market. MIXED SIGNALSThe energy transition and the resulting booster to metals demand was the core talking-point at this year's collective LME Week discussions. Yet the LME metals have not yet escaped the gravitational pull of the traditional industry cycle. But most visitors to LME Week will have returned home braced for more short-term price weakness.

Persons: Ruben Sprich, Max Layton, Tin, Jeremy Pearce, Jorge Vazquez, Jim Lennon, Sharon Singleton Organizations: REUTERS, Metal Exchange, Citi, International Tin Association, HIT, Study, GREEN, Groups, European Union, Producers, Reuters, Thomson Locations: Thoerishaus, Bern, London, Macquarie, China, Europe, North America, Indonesia, GREEN CHINA, China . China, United States

GLENNVILLE, Ga. (AP) — A Georgia prison guard died Sunday after he was attacked by an inmate, state officials said. Correctional officer Robert Clark, 42, died at a hospital after an inmate assaulted him with a homemade weapon at Smith State Prison in rural Glennville, the Georgia Department of Corrections said in a news release. “We will support them as they navigate this tragedy over the coming days, weeks and months.”Clark had begun working as a state corrections officer six months ago, the agency said. The second inmate tried to help the officer and was also wounded. Political Cartoons View All 1190 ImagesThe Department of Corrections identified the inmate who attacked the two men as Layton Lester and said he is facing charges in Clark's death and the assault on the second inmate.

Persons: Robert Clark, Clark’s, Tyrone Oliver, ” Clark, Clark, Layton Lester, Lester Organizations: Georgia Department of Corrections, GDC, of Corrections Locations: Georgia, Glennville, Tift County

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