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Yields and prices move in opposite directions, and one basis point equals 0.01%. The yield on the 10-year Treasury was up more than 3 basis points to 4.234%. The 2-year Treasury also rose more than three basis points to 4.162%. U.S. Treasury yields rose on Tuesday as investors awaited fresh inflation data due later this week. Investors are looking ahead to fresh inflation data, which will be the major economic release this week.
Persons: Dow Jones, it's Organizations: Treasury, U.S, Investors, Federal, Deutsche Bank, National Federation of Independent Business
AdvertisementDujardin’s sanction comes after a video emerged in July 2024 of the double Olympic dressage champion whipping a horse repeatedly four years previously, which saw her withdraw from the Paris Olympic Games. After the video emerged in the summer, Dujardin withdrew from the Paris Games and said she had made “an error of judgement” during a coaching session. The FEI added that since the video emerged, it has not received any further complaints about Dujardin’s conduct. Charlotte Dujardin, Britain's joint-most decorated female Olympian, has been provisionally suspended & will not compete at Paris 2024. Dujardin had been due to compete in the team and individual dressage in Paris.
Persons: Charlotte Dujardin, , Dujardin, , , Britain's, Sabrina Ibanez, ” Dujardin, Laura Kenny, Kenny, Bradley Collyer Organizations: GB’s, Federation Equestre Internationale, Paris Olympic Games, FEI, National Federation, Paris Games, British Equestrian Federation, British Dressage, Olympic, Royal Society for, Animals, Rio, Tokyo Locations: Paris
Is the vibecession about to end?
  + stars: | 2024-11-29 | by ( William Edwards | ) www.businessinsider.com   time to read: +5 min
Optimism surged post-2016 election, with small businesses planning to hire more employees. Yes, that's a portmanteau of vibes and expansion, and it's the upbeat version of its better-known cousin, the vibecession. Advertisement"Small business owners lean Republican," said Oliver Allen, a senior US economist at Pantheon Macroeconomics, in a November 12 note. Goldman Sachs"After Donald Trump was elected the 45th President in November 2016, the National Federation of Independent Businesses (NFIB) small business optimism index skyrocketed. "We expect an improving small business operating environment will boost the sentiment and spending of SMBs in 2025 and lift the earnings and valuation of stocks with revenues tied to that spending."
Persons: Kyla Scanlon, National Bureau of Economic Research hasn't, there's, Donald Trump's, Oliver Allen, Goldman Sachs, Donald Trump, David Kostin, they're, Daniel Zhao, Louis, Zhao Organizations: National Bureau of Economic Research, Pantheon, National Federation of Independent Businesses, Chief US, Economics, Workers, Glassdoor, Louis Fed Locations: St
So, perhaps it is no surprise that robotics engineers are highly sought-after, with the United States alone expected to add 9,000 robotics engineers by 2032, according to Sokanu's Career Explorer. Another hotspot for robotics engineers is the island-nation of Singapore, the second most automated country after South Korea. Kelvin Ching is a Senior Robotics Engineer for Hyundai Motor Group Innovation Center Singapore (HMGICS), the country's first EV factory. He leads a team of robotics engineers that are overseeing the close to 200 robots assembling Hyundai's Ionic 6 model. Sean Sabastian is Dyson's Robotics Research Manager, managing a team of roboticists who are looking to integrate robots into the home environment.
Persons: CNBC's, Yew Lam, Singapore's Tan, Kelvin Ching, Sean Sabastian, roboticists, Dyson Organizations: International Federation of Robotics, Hyundai Motor Group Innovation Center, EV, Robotics Research Locations: United States, Singapore, South Korea
AdvertisementA bodybuilder said he stopped skipping warm-ups, and it's led to better results in the gym. Adding weights to a warm-up can lead to better performance, research suggests. A bodybuilder said a four-part warm-up with some weightlifting helps him get the most out of his workouts to build muscle and strength. AdvertisementAdams said taking even a few minutes to warm-up and working in a few sets of moderate weight can translate to better movement. Activate — priming the right muscle groups, often with bodyweight exercise.
Persons: it's, Andre Adams, Adams, I've, you'll, Igor Nasser Organizations: National Academy of Sports Medicine, International Federation of Bodybuilding pro, Business, Federal University of Rio Locations: Federal University of Rio de Janeiro
Incoming Trump administration advisers Elon Musk and Vivek Ramaswamy on Wednesday floated ending remote work for federal workers, calling the practice a “privilege” left over from the pandemic. “Requiring federal employees to come to the office five days a week would result in a wave of voluntary terminations that we welcome: If federal employees don’t want to show up, American taxpayers shouldn’t pay them for the Covid-era privilege of staying home,” the two men wrote. The future of remote work for office-based employees is hotly debated. Some unionized federal workers have criticized Musk and Ramaswamy, saying they don’t know what they’re doing. Erwin said the two tech figures “make absurd claims about government waste and bash dedicated federal employees.” His union says it represents 110,000 federal employees.
Persons: Elon Musk, Vivek Ramaswamy, , Biden, Ramaswamy, Donald Trump, Musk, Randy Erwin, Erwin Organizations: Trump, Street, Management, of Government, SpaceX, CNBC, Tesla, National Federation of Federal Employees Locations: Washington
Small businesses are hurting at the worst possible time
  + stars: | 2024-11-17 | by ( Bryan Mena | ) edition.cnn.com   time to read: +6 min
That’s because small businesses typically having tighter profit margins compared to behemoths like Walmart and Amazon, so they feel the sting of rising costs more acutely. The Small Business Index shows that 8 in 10 small retail businesses rely on holiday sales to meet their annual profit goals. If only it were that simple for small businesses. John Waldmann, chief executive of Homebase, a payroll software provider for more than 100,000 small businesses, said Enjou Chocolat’s dilemma is something he hears all the time. “Small businesses are really reticent to increase prices, so when they do, it’s because they have to,” Waldmann said.
Persons: Washington CNN — Enjou, Mark Chinsky, , ‘ that’s, you’ve, ” Chinsky, that, Donald Trump, Kamala Harris, we’re, , Thomas Barkin, “ Price, Joe Raedle, John Waldmann, Enjou, ” Waldmann, “ They’re, Scott Olson, there’s, Sarah Jordan, ” There’s, Bill Dunkelberg Organizations: Washington CNN, CNN, National Federation of Independent Business, Walmart, ” Richmond Fed, Target, , Board, Wrigley Field Locations: Morristown , New Jersey, America, Miami, Chicago
Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense and a former Fox News host, was investigated in 2017 over "an alleged sexual assault" at a California hotel that was hosting a gathering of Republican women, police said Friday. The National Federation of Republican Women was holding a convention at the hotel at the time, according to the organization's website. Fox News, the National Federation of Republican Women and Hyatt Regency hotels did not immediately respond to a request for comment. Hegseth's last day at Fox News was Tuesday, the day of Trump’s announcement, the network said earlier. He began working at Fox News in 2014 and began co-hosting “Fox & Friends Weekend” in 2017.
Persons: Pete Hegseth, Donald Trump’s, Hegseth, , , Timothy Parlatore, Parlatore, Steven Cheung, Trump, Cheung, Hegseth's Organizations: Fox News, Republican, Monterey police, Police, Hyatt Regency Monterey, Del, National Federation of Republican Women, Vanity Fair, Trump, United, Defense, Fox, Hyatt Regency, Army National Guard Locations: California, Monterey, Hyatt Regency Monterey Hotel, Del Monte, Afghanistan, Iraq, Guantánamo Bay, Cuba
Pete Hegseth, host of Fox & Friends, at the National Council of Young Israel Gala in New York City. Police in California investigated Fox News host Pete Hegseth — who was picked this week by President-elect Donald Trump to be the next Defense Department secretary — in connection with an alleged sexual assault at a hotel in 2017, officials said. Hegseth, 44, was not charged after the probe that year by the Monterey Police Department. The spokesperson said the full police report on the alleged incident is exempt from public disclosure. Hegseth's attorney, Timothy Parlatore told CNBC, "The police department confirmed last night that it was fully investigated and he was cleared."
Persons: Pete Hegseth, Pete Hegseth —, Donald Trump, Hegseth, Timothy Parlatore, Parlatore Organizations: Fox & Friends, National Council of Young Israel, New York City . Police, Fox News, Defense Department, Monterey Police Department, NBC News, Hyatt Regency Monterey, National Federation of Republican Women, CNBC Locations: New York City, California, Monterey, Hyatt Regency Monterey Hotel, Spa
Lebanese state media has said an Israeli airstrike killed three journalists in southern Lebanon overnight. A blue press helmet and a vest could be seen among the rubble of a damaged building. A cameraman and a broadcast engineer working for Lebanon-based TV channel Al Mayadeen were killed, the media outlet said. Another cameraman working for Hezbollah-affiliated TV channel Al-Manar was also killed, the outlet said. Two of them had been killed since Israel’s most recent escalation began last month.
Persons: Mayadeen, Manar Organizations: CNN, Hezbollah, International Federation of Journalists Locations: Lebanon, Hasbaiya, Israel
That’s helped push uncertainty among small business owners to an all-time high since the nearly 40-year inception of a monthly survey the National Federation of Independent Business conducts to gauge small business sentiment. The scale of firms whose investment plans are impacted by election uncertainty is “pretty remarkable” compared to prior elections, said Daniel Weitz, survey director at the Atlanta Fed. The Fed’s Beige Book, a quarterly collection of survey responses from businesses compiled by the 12 regional Fed banks published Wednesday, highlighted a wide range of businesses that are suffering because of election uncertainty. But the blowback that businesses are facing from the election uncertainty should subside once the policy path ahead becomes more clear, at which point we could start to see a rebound in hiring and capital investment businesses make, Meyer told CNN. The combination of these three major unknowns is shaping small business owners’ uncertain outlooks, said Holly Wade, executive director of the NFIB Research Center.
Persons: Kamala Harris, Donald Trump, That’s, ” “, Duke, Daniel Weitz, , hesitancy, Brent Meyer, Harris, Meyer, that’s, They’re, Holly Wade, “ We’re, Wade Organizations: New, New York CNN, National Federation of Independent Business, Reserve, Atlanta and Richmond Federal, Duke University’s Fuqua School of Business, Fortune, Atlanta Fed, Cleveland Fed, Fed, Richmond Fed, Dallas Fed, Trump, CNN, Federal Reserve, NFIB Research Locations: New York,
Inflation is not deadDaly began her talk with an anecdote of a recent encounter she had while walking near her home. But the conversation encapsulated a dilemma for the Fed: If inflation is on the run, why are interest rates still so high? As evidenced by the young man's question, convincing people that inflation is easing is a tough sell. watch nowThe annual rate of CPI inflation was 2.4% in September, a vast improvement over the 9.1% top in June 2022. However, year-over-year spending increased just 1.7%, below the 2.4% CPI inflation rate.
Persons: Brandon Bell, Goldman Sachs, Mary Daly, Daly, Goldman, Jerome Powell, , hasn't, haven't Organizations: Walmart, Federal Reserve, San Francisco Fed, New York University Stern School of Business, Commerce Department, Fed, York Fed, Bank of America, National Federation of Independent Business Locations: Austin , Texas, U.S, , Wyoming, Atlanta, York
CNN —Two athletes died while participating at the World Triathlon Championships in Spain on Thursday, the sport’s governing body has confirmed. “It is with deep sadness that we can inform that two participants (one from Mexico; one from Great Britain) have died at the World Triathlon Torremolinos-Andalucía AG Sprint Distance World Championships, taking place today, October 17,” World Triathlon said in a statement. “Our deepest condolences go to their respective family, friends, National Federations and all the triathlon family. “British Triathlon can confirm that one of our Age-Group Team has sadly passed away whilst competing at the World Championships in Torremolinos, Spain,” it said in a statement. The World Triathlon Championships are being hosted in the municipality of Torremolinos in southern Spain.
Persons: Great Britain –, , Roger Mas Colomber, Roger Mas Colomer, , triathletes Organizations: CNN, Andalucia, Andalucía, National Federations, Spanish Federation, ” CNN, Mexican Triathlon Federation, British, Team, Elite Locations: Spain, Mexico, Great Britain, Torremolinos,
Ahead of the latest monthly inflation reading, consumers are still coming to terms with the sticker shock of everyday goods and services prices — and lingering uncertainty about the economy. The pace of consumer price growth was expected to have remained largely unchanged in September, according to Dow Jones estimates. Harris has narrowed the gap in some surveys about which presidential candidate would be better on economic issues, but Trump still leads on that metric. Analysts generally agree that’s a sign the economy remains on solid footing, at least according to the data. Today’s inflation numbers could cause Wall Street to pare back expectations of an interest-rate cut at the Federal Reserve’s next meeting in November.
Persons: Dow Jones, Donald Trump, Kamala Harris, Biden, Trump, Harris, , , Bill Dunkelberg Organizations: Democratic, University of Michigan Consumer Survey, Biden, AAA, Federal, National Federation of Independent Locations: November’s, pare
The U.S. Forest Service says it will not hire seasonal employees in the next fiscal year because of expected cuts to its budget, just as fire seasons grow longer, hotter and deadlier. “As an agency, we have a responsibility to plan for the most conservative funding picture, and these actions reflect that reality,” Forest Service spokesperson Scott Owen said in a statement. U.S. Forest Service firefighters Monday in San Bernardino National Forest in California. In March, the Forest Service asked for $8.9 billion for the coming fiscal year, an increase of $658.5 million over the previous fiscal year, according to the latest budget justification report. Forest Service Budget Director Mark Lichtenstein suggested in last week’s employee meeting that the federal government might have overcommitted funds.
Persons: We’re, , Andy Vanderheuel, Scott Owen, Gina Ferazzi, Randy Moore, ” Moore, Moore, Isaac Karuzas, we’re, Joe Biden, Mark Lichtenstein, ” Lichtenstein, Jacqueline Buchanan, we’ve Organizations: U.S . Forest Service, National Federation of Federal Employees, Forest Service, , . Forest Service, San Bernardino National Forest, Los Angeles Times, Getty Images, Infrastructure Investment, Jobs, Pacific Northwest Locations: California, Montana, ’ Idaho, Pacific Northwest Region, Oregon, Washington
This has spiked the interest rates small business owners are paying on new mortgages, credit, and loans. Related storiesPowell said that small business owners are poised to benefit regardless of the size of the cut and should remain hopeful about future growth. According to the National Federation of Independent Businesses, small business confidence dipped in August. AdvertisementHe said small businesses tend to be more credit-constrained, so changes in interest rates are particularly influential for business owners' management decisions. Are you a small business owner who has experienced a recent change in sales or hiring?
Persons: , Phil Powell, it's, Powell, Jerome Powell, Sean Higgins, Higgins Organizations: Service, Federal Reserve, Business, Indiana Business Research Center, Indiana University Kelley School of Business, Federal Open Markets, Treasury Department, National Federation of Independent Businesses, Kellogg School of Management, Northwestern University
CNN —A beloved Florida high school football player died after he collapsed during a game Friday night, school officials say, bringing the number of recent known deaths among high school athletes to seven. Alabama teen Semaj Wilkins died August 13 after a medical emergency during football practice at New Brockton High School, according to CNN affiliate WDHN. His smile radiatedGainer scored two touchdowns on the night of his death, Norton said, leading the team to victory. The high school there has about 500 students and is very close knit. Gainer had recently visited Vanderbilt University in Nashville, where he had hoped to play football, according to Norton.
Persons: Chance Gainer, Jim Norton, ” Norton, , Chance, , Gainer, Norton, Semaj Wilkins, Caden Tellier, Cohen Craddock, Joe, ” Chance, Sissy Godwin, CNN’s Madeline Holcombe Organizations: CNN, Port St, Joe High School, Liberty County High School, Gulf District, National Federation of State High School, Associated Press, New Brockton High School, WDHN, US Consumer Product Safety Commission, “ School, Vanderbilt University, Norton, Vanderbilt Locations: Florida, Florida’s, Alabama, Pensacola , Florida, plateauing, Port St, Port, Nashville
Australia was crowned champion during the Netball World Cup Medal Presentation on August 6, 2023 in Cape Town, South Africa. “I think the leadership within netball, from World Netball, really needs to take a vigilant stance on it. For people in the netball world, she said, “That is your bread and butter: doing netball. More than 20 million people play netball in 76 member nations across five continents, according to World Netball. There are some voices in netball that don’t believe the drive to become an Olympic sport is a priority.
Persons: Serena Guthrie, Khadijah Williams, Hannah Peters, , , That’s, Ashley Vlotman, Jenny van Dyk, Spar, Riana Bezuidenhout, They’ve, ” Bezuidenhout, Fiona McLachlan, ” McLachlan, ” van Dyk, Cara Koenen of, Guthrie, it’s, ” Guthrie, we’ve, Ryan Allan, Allan, Lewis Keeling, ” Dylan McPherson, Fiona Goodall, that’s, ” Allan said, Keeling, ” Keeling, Bailey Mes, Geva, Matt King, doesn’t, “ I’ve, ” Allan Organizations: CNN, Commonwealth Games, Netball, IOC, International Federation, Commonwealth, Games, team, University of Pretoria, World Netball, City, Paralympic Games, Netball Australia, Brisbane, Manor School, Wembley, Fox, Victoria University, , England, Paris, Equality, Paris Games, Olympic, Netball Association, New Zealand Men's, Getty, Knights Netball, Allphones Arena, doesn’t Locations: Australia, Brisbane, United Kingdom, England, Jamaica, SECC, Glasgow, Bath, Los, Cape Town , South Africa, Spar Proteas, South, Cara Koenen of Australia, South Africa, New, Auckland , New Zealand, New Zealand, Sydney
I have not been the biggest fan of Kamala Harris, but to my surprise, the candidate who underwhelmed in 2020 is gone. What I took away: Kamala Harris is a different candidate than we saw four years ago. That is hard for any candidate but it is an almost impossible tightrope for a Black female candidate to walk. Americans crave the performance of authenticity as a sign that our values are in safe hands — hands just like ours. Political candidates have to negotiate ideas about identity with an audience’s expectations of who should be in power.
Persons: Kamala Harris, Harris, Walz, Donald Trump, Trump Organizations: Democratic, Zeta Phi Beta, National Federation of Teachers, Philadelphia, Trump
The stagnation has resulted in a rise in "stuck" workers — frustrated employees who say they want to quit a job, but are staying put as the fear of a potential recession looms in the backs of their minds. Google search interest for the search phrase "quitting job" is down 11% over the last year, according to data accessed from the search analytics tool Glimpse. AdvertisementGoogle search interest in the term "recession" has exploded 230% over the past month, Glimpse data shows. Google search interest in "recession" has more than doubled in the past month. Job market forecasters say the slowdown in hiring looks poised to continue, even if the Fed begins to loosen monetary policy.
Persons: , That's, Amanda, It's, I've, Raymond Lee, Careerminds, Korn, Radhika Papandreou, Papandreou Organizations: Service, Business, Bureau of Labor Statistics, Conference Board, Google, Fed, National Federation of Independent
CNN —Algerian boxer Imane Khelif defeated Chinese opponent Yang Liu in the 66kg gold medal bout at the Paris Summer Olympics on Friday. With a huge lead on the scorecards, Khelif continued to apply the pressure to Yang in the third and final round. For eight years, this has been my dream and I’m now the Olympic champion and gold medallist,” she said after the fight. The crowd cheered raucously as it was announced that Khelif had won the gold medal on points by unanimous decision. Khelif had been the subject of global attention after defeating Italian boxer Angela Carini in just 46 seconds in a preliminary match.
Persons: Imane Khelif, Yang Liu, Khelif, Yang, , I’m, , “ I’ve, raucously, Angela Carini, Khelif “, Thomas Bach, Lin, ” Bach, Mark Adams, Boxer Lin Yu Organizations: CNN, Paris, Roland, Games, Algerian, Olympic, Olympic Committee, Associated Press, Carini, IOC Locations: Algerian, Algeria, Paris, Taiwan
VILLEPINTE, France — Boxer Cindy Ngamba made history on Sunday by becoming the first athlete competing as a refugee to clinch an Olympic medal. The 25-year-old originally from Cameroon offered hope for the Refugee Olympic Team that was created to call attention to the plight of refugees across the world. She will face Atheyna Bylon, who ensured that Panama would get its fourth-ever Olympic medal with her own win shortly after Ngamba’s fight. “It means the world to me to be the first ever refugee to win a medal,” Ngamba told reporters. The Refugee Olympic Team has nearly quadrupled in size since its debut.
Persons: Boxer Cindy Ngamba, Davina Michel, Ngamba, Atheyna Bylon, Ngamba’s, ” Ngamba, , it’s, , Tammara, Michel, swipes, ” U.N, Filippo Grandi, Grandi, Lin Yu, Imane, she’s, Organizations: Refugee Olympic Team, Paris Games, Olympic, North Paris, AP, IOC Locations: VILLEPINTE, France, Cameroon, Panama, Rio de Janeiro, United Kingdom, Canada, North, Paris, Taiwan, Algeria
Journalist Artem Khudolieiev was another Ukrainian who felt passionately that Russian and Belarusian athletes shouldn’t be allowed to compete at the Paris Olympics for having openly supported the war in Ukraine. As a result, he started checking the social media output of Russian and Belarusian athletes as well as watching videos of various events held in the two countries. There are those who also sympathize with Russian athletes,” Vadym Gutzeit, head of the Ukrainian National Olympic Committee, said in an interview with CNN. We have nothing further to add.”The Russian Olympic Federation did not respond to CNN’s request for comment regarding Larin and Khramtsov. “The Russian Judo Federation condemns the unsportsmanlike method of qualification, which is geared to undermine the principles of unity of our team and break the spirit of Russian athletes,” said Soloveichik.
Persons: Elina Svitolina, Wladimir Klitschko, Artem Khudolieiev, shouldn’t, ” Khudolieiev, Svitlana Vlasova, CNN “, , Khudolieiev, , ” Vadym Gutzeit, let’s, ” Vladislav Larin –, , Larin, Maxim Khramtsov, Khramtsov, Putin, Viacheslav, ” Gutzeit, Sergey Soloveichik Organizations: CNN —, Paris Olympics, CNN, Ukraine, Olympic Committee, Olympic Games, Watchers Media, National Olympic Committee, Ministry of Sport, Olympics, Ukrainian National Olympic Committee, Russian, Tokyo, Khudolieiev, Olympic, World Taekwondo, Swiss Foundation for Mine, Publishing, IOC, Russian Olympic Federation, “ Posts, International, Russian Federation, Military Games, Russian Judo Federation Locations: Ukrainian, Ukraine, Russia, Belarus, Russian, Kharkiv, , Belarusian, AIN, Paris
Read previewThe US job market has certainly seen better days. AdvertisementThose rate cuts will help pull the job market out of its slowdown — but likely not before the unemployment rate climbs higher, says Oliver Allen, a senior US economist at Pantheon Macroeconomics. And even then, it could take time for the effects of rate cuts to fully work their way across the job market, said Mark Hamrick, a senior economic analyst at Bankrate. AdvertisementSlowdown in the pipelineUntil rate cuts kick in, Allen thinks the joblessness rate has even more room to climb. AdvertisementForward-looking indicators of job market strength have also been flashing signs of incoming weakness.
Persons: , Oliver Allen, Allen, , Mark Hamrick, Hamrick, David Rosenberg Organizations: Service, Business, Pantheon, Challenger, Gray &, Federal, National Federation of Independent Business
Ismail Al-Ghoul and his cameraman, Rami Al-Rifi, who lived in the besieged enclave, were killed in an airstrike on their car in the al Shati refugee camp, according to the Qatar-based network. Al-Ghoul was wearing a press flak vest when he was killed, according to his colleague. Israel must stop killing journalists.”Khader Al-Za’anoun of Wafa, the official Palestinian news agency, recalled his friendship with the Al Jazeera journalist. Al Jazeera reporters Yousef Al Saudi and Anas Al Sharif could be seen breaking down as they held Al-Ghoul’s bloodied flak jacket. “Our colleague Ismail was wearing this blood-stained vest,” fellow Al Jazeera journalist Yousef Al Saudi said, as he removed the “PRESS” sign from the jacket.
Persons: Al, Ismail Al, Ghoul, Rami Al, Rifi, Ismail Haniyeh, Zeina, , “ Zeina, , ” Al Jazeera, Mohamed Moawad, Ismail, Al Jazeera, Rami, Ayman Abed, Israel, , , Jodie Ginsberg, ” Khader, Yousef Al Saudi, Anas Al Sharif, Al Sharif, Wadi, “ Ismail Organizations: CNN, ” CNN, Israel Defense Forces, Protect Journalists, Al, Ministry of Health, “ Journalists, International Federation of Journalists, Ahli Baptist, Hospital Locations: Al, Gaza, Qatar, Tehran, Israel, Egypt, ‘ Israel, Wafa, Al Jazeera, Ahli, Gaza City
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