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Bond vigilantes may pressure Washington to address deficits, affecting fiscal policy decisions. Wall Street doesn't constantly look to Washington for investment advice or direction, but the bond market is one place where they definitely intercept. The tipping point would create headwinds for the bond market as bond prices drop. The deficit is another sore spot, as promised tax cuts could further shrink government revenue. And this must be done by showing how they will offset tax cuts and remain fiscally responsible.
Persons: Jimmy Chang, Chang, they're Organizations: Trump, Republican, Rockefeller, Family Office Locations: Washington
AdvertisementJon Collins-Black has hidden five treasure chests across the US for a public hunt. Now, he's hidden five treasure boxes in locations around the US — and he wants people to find them. He wrote all the clues one needs to find these treasure chests into a book, "There's Treasure Inside." AdvertisementAll five treasure chests are also puzzle boxes, Collins-Black said — but if one finds the chest, instructions are placed with it outlining how to open the boxes, so people don't have to destroy them. "I don't have this desire for me to be long gone, and they're to be the 'Legend of the John Collins-Black treasures,'" he said.
Persons: Jon Collins, Collins, Black, they'll, George, Forrest Fenn, , John Collins Organizations: BI, Collins Locations: California, Rocky
WASHINGTON — The administrator of the Federal Emergency Management Agency, Deanne Criswell, is set to face questions from House lawmakers on Tuesday about the federal government's response to Hurricanes Helene and Milton that caused catastrophic damage in the Southeast. “And FEMA leadership didn’t take action against this supervisor until the press exposed this discrimination," his remarks say. Florida Attorney General Ashley Moody filed a lawsuit against Criswell and Washington last week over the incident. More than 220 people died from Hurricane Helene in late September, which hit Florida, Georgia, Tennessee, Virginia, North Carolina and South Carolina. At least 17 people died during Hurricane Milton, which hit Florida hard in early October.
Persons: WASHINGTON, Deanne, Hurricanes Helene, Milton, Criswell, James Comer, Comer, Ashley Moody, Donald Trump's, Trump, Biden, Hurricane Helene Organizations: Federal Emergency Management Agency, Hurricanes, Transportation, House Republicans, FEMA, Trump, Fox News, House Homeland Security Committee, Criswell, Hurricane Milton Locations: Florida, Marn’i Washington, United States, Ky, Highlands County , Florida, Washington, Hurricane, Georgia , Tennessee, Virginia, North Carolina, South Carolina
Russian President Vladimir Putin formally lowered the threshold for his country's use of nuclear weapons Tuesday, days after the United States allowed Ukraine to strike inside Russia using American missiles. The Kremlin announced that Putin had approved an updated nuclear doctrine — a document that governs how Russia uses its nuclear arsenal — including the declaration that Moscow could unleash a nuclear strike if subject to an attack by a non-nuclear country that has the support of a nuclear state. “The nuclear doctrine update was required to bring the document in line with the current political situation,” Kremlin spokesperson Dmitry Peskov told the TASS state news agency in comments published early Tuesday. Still, the use of nuclear weapons would be a “last resort measure,” he added. Putin had signaled the update to his country’s policy earlier this year as he sought to warn the West against loosening restrictions on Kyiv's use of long-range weapons to strike deep inside Russia.
Persons: Vladimir Putin, Putin, Dmitry Peskov, Peskov, Biden Organizations: Kremlin, TASS, Russian Federation, NATO, NBC News Locations: United States, Ukraine, Russia, American, Moscow, Belarus, U.S, Russia's Kursk, Washington
Crude oil futures edged slightly lower on Tuesday, after rallying about 3% in the prior session on fears that the war between Ukraine and Russia is escalating. President Joe Biden has authorized Ukraine to use long-range missiles to hit targets in Russia in a major departure from Washington's previous position, according to media reports. ET:Stock market futures fell on the growing geopolitical tensions, with Dow futures down more than 200 points. President-elect Donald Trump campaigned on ending the war in Ukraine. Moscow's full-scale invasion of Ukraine roiled global energy markets in 2022 as European nations sought to end their dependence Russian natural gas.
Persons: Joe Biden, Vladimir Putin, Donald Trump Organizations: Dow Locations: Ukraine, Russia, Moscow's
Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty ImagesGlobal stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world's two largest nuclear powers: Russia and the U.S. The pan-European Stoxx 600 stock index was down almost 1% at 12:23 p.m. London time, hitting 498.56 points — its lowest level since August. The declines come after Russian President Vladimir Putin amended Russia's nuclear doctrine that outlines the conditions that would prompt Moscow to deploy its nuclear arsenal, Russian state news agency Tass reported Tuesday. In currency markets, the Japanese yen rose 0.7% and 0.36% against the euro and U.S. dollar respectively at 12:26 a.m. London time.
Persons: Vladimir Putin, Dmitry Peskov, USDJPY, Wells, Erik Nelson, Putin, Tiffany McGhee, CNBC's, Ice Brent Organizations: Valdai, Getty, U.S, Dow Jones, Nasdaq, Russian Federation, NBC News, Swiss, CNBC, U.S ., NATO, White, Kremlin, Russian Defense Ministry, Kyiv, NBC, Ukrainian, Staff of, Armed Forces, Ice Locations: Moscow, Russia, London, U.S, Republic of Belarus, Russian, Ukraine, Kyiv, Soviet, Bryansk, America
Oil prices edge higher after Russia-Ukraine tensions escalate
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: +2 min
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world's second-largest consumer, and forecasts of a global oil surplus weighed on markets. Russia unleashed its largest air strike on Ukraine in almost three months on Sunday, causing severe damage to Ukraine's power system. Investors also fretted over the pace and extent of interest rate cuts by the U.S. Federal Reserve that has created uncertainty in global financial markets. In the U.S., the number of operating oil rigs fell by one to 478 last week, the lowest since the week to July 19, Baker Hughes data showed.
Persons: Joe Biden's, Biden, Tony Sycamore, Brent, WTI, Baker Hughes Organizations: Brent, U.S, West Texas, IG, International Energy Agency, U.S . Federal Reserve Locations: Cushing , Oklahoma, Russia, Ukraine, China, Kursk, U.S
Local residents walk past destroyed houses in the city, approximately 10 km from the frontline, on November 16, 2024 in Pokrovsk, Ukraine. Libkos | Getty ImagesThe Kremlin has lashed back against a White House decision to now allow Ukraine to use U.S.-made long-range weapons for limited strikes inside Russian territory. "The issue is not about allowing the Ukrainian regime to strike Russia with these weapons or not. The issue is about making a decision: NATO countries directly participate in the military conflict or not. Ukraine's President Volodymyr Zelenskyy addresses lawmakers as he presents the so-called 'Victory Plan' during a parliament session, amid Russia's attack on Ukraine, in Kyiv, Ukraine October 16, 2024.
Persons: Joe Biden, Biden, Volodymyr Zelenskyy, Dmitry Peskov, Vladimir Putin, Sergei Ilnitsky, Putin, Zelenskyy, Andrii Nesterenko Organizations: Libkos, White, NBC, Artillery Rocket Systems, Ukraine, Ukrainian, Reuters, Commonwealth of Independent States, CIS, Google, Ria Novosti, NATO, Kremlin, Institute for, Tactical Missile Locations: Pokrovsk, Ukraine, Washington, U.S, Moscow, Russian, Russia, NATO, United States, Kursk Oblast, Kyiv
Gold gains 1% as dollar rally stalls
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices rose on Monday after last week's sharp declines, as a rally in the dollar paused, while market participants awaited comments from Federal Reserve officials this week for more clues on the U.S. interest rate path. Gold prices rose on Monday after last week's sharp declines, as a rally in the dollar paused, while market participants awaited comments from Federal Reserve officials this week for more clues on the U.S. interest rate path. Spot gold firmed 1% to $2,587.49 per ounce by 0150 GMT, after falling to its worst week in more than three years on Friday. "Gold prices are due for a slight recovery following recent bout of hefty sell-offs and we may expect some drift higher with some rollover in the dollar," said IG market strategist Yeap Jun Rong. This has not been fully priced in by markets yet, so any need for recalibration may still pose an obstacle for gold."
Persons: Yeap Jun Rong, Joe Biden's Organizations: Federal Reserve, Fed, Strong U.S Locations: U.S, Ukraine, Russia
Biden allows Ukraine to use U.S. arms to strike inside Russia
  + stars: | 2024-11-17 | by ( ) www.cnbc.com   time to read: +4 min
Ukraine plans to conduct its first long-range attacks in the coming days, the sources said, without revealing details due to operational security concerns. Russia has warned that it would see a move to loosen the limits on Ukraine's use of U.S. weapons as a major escalation. Some congressional Republicans had urged Biden to loosen the rules on how Ukraine can use U.S.-provided weapons. Russia is advancing at its fastest rate since 2022 despite taking heavy losses, and Ukraine said it had clashed with some of those North Korean troops deployed to Kursk. Despite Zelenskiy's pleas, the White House had been reluctant to allow U.S.-supplied weapons to be used to strike targets deep inside Russia for fear this could escalate the conflict.
Persons: Joe Biden, Volodymyr Zelenskyy, Joe Biden's, Donald Trump, Trump, Richard Grenell, Grenell, Biden, Zelenskiy, Alex Plitsas, Radoslaw Sikorski, Putin, Sikorski Organizations: U.S, State Department, Trump, Biden, Korean, Atlantic Council, Bradley Fighting Vehicles, Abrams Tanks, White Locations: Ukraine, Kyiv, Russia, Korean, Washington, Ukrainian, U.S, Kursk, HIMARS
Trump has flirted with changing budget laws, but experts told BI that could cause a massive fight. Despite its name, the DOGE will not actually be a government department, as departments are permanent and can only be created by Congress. "The Department of Government Efficiency (DOGE) will ultimately be staffed and dedicated to this mission," Brian Hughes, a spokesperson for Trump's transition team, told BI in a statement. "It just doesn't work, unless you decide to start cutting Social Security benefits or Medicare, at which point all hell breaks loose," she told BI. Trump, Musk, and Ramaswamy may try to circumvent the congressional obstacles standing in the way of their cost-cutting agenda.
Persons: Trump, Donald Trump, Elon Musk, Musk, Vivek Ramaswamy, Ramaswamy, Jim WATSON, Musk's, Elaine Kamarck, Bill Clinton, Kamarck, Brian Hughes, Barney Frank, Douglas Holtz, it's, Lisa Gilbert, Holtz, Eakin, he'll, they're, Gilbert, Brandon Bell, It's, aren't Organizations: Government, Wednesday, Department of Government, GOP, Trump, Brookings Institute, Social Security, Department, Government Efficiency, Congressional, Office, Management, Public Citizen, White, Bloomberg, SpaceX
U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan. A potential decision by Donald Trump to walk back the Biden administration's climate-geared projects would impact jobs in areas governed by the President-elect's own party, outgoing U.S. Energy Secretary Jennifer Granholm told CNBC, urging consistency in Washington's green transition policies. "We are now building all of these projects. We're building batteries for electric vehicles, we're building the vehicles, we're building the offshore wind turbines, we're building the solar panels. When asked for a response on Granholm's comments, Karoline Leavitt, a spokeswoman for Trump's transition team, said the president-elect will "deliver" on the promises he made on the campaign trail.
Persons: Energy Jennifer Granholm, Donald Trump, Jennifer Granholm, Trump's, Granholm, CNBC's Dan Murphy, Joe Biden's, Law —, Karoline Leavitt Organizations: Energy, Conference, Biden, U.S . Energy, CNBC, Law, Republican Locations: Baku, Azerbaijan, Paris, U.S, Washington
Rubio is a China hawk, has been sanctioned twice by Beijing, and may even be barred from the country. US President-elect Donald Trump has officially announced Sen. Marco Rubio as his secretary of state pick after days of speculation. AdvertisementRubio and Trump, once rivals, appear aligned on issues related to China and Taiwan. AdvertisementRubio's nomination raises questions about US relations with China, Taiwan, and the broader Indo-Pacific region. They have an army of unpaid lobbyists here in Washington," Rubio said during a 2023 Senate speech.
Persons: Trump, Sen, Marco Rubio, Rubio, Donald Trump, he's, President Trump, Washington didn't, John Raoux, He's, Rubio's, haven't, Joe Raedle, " Rubio Organizations: Beijing, The New York Times, Trump, AP, Heritage Foundation, Chinese Communist Party, The Washington Post Locations: China, Taiwan, Florida, America, Washington, Beijing, Hong Kong, Russia, Iran, North Korea, The, The Florida, Taipei
China showed off its new stealth aircraft, including the fifth-gen J-35A. AdvertisementChina just debuted its newest fifth-generation stealth aircraft, which appears to be its answer to the American F-35. Related storiesFor stealth fighters, the US has the F-22 Raptor and F-35, and the latter is used by allies around the world. Among stealth aircraft, there are also stealth bombers like the American B-2 Spirit and B-21 Raider and a number of stealth drones. Stealth aircraft have features to reduce or obscure their signature on radars, making them difficult to detect.
Persons: , Lockheed Martin, Wang Yongqing, Wang, Maj, Gina Sabric, Roger Wicker, Eric Schmitt Organizations: Service, China International Aviation, Aerospace, People's Liberation Army News Communication, Shenyang Aircraft Design, Aviation Industry Corporation of China's Shenyang Aircraft Corporation, Pentagon, Air Force, Air and Space Forces Association's Air, Cyber Conference, 10th Air Force, Getty, US, US Air Force, Stealth, Taiwan Locations: China, Zhuhai, Russia, Pacific, Taiwan
He also said director Ryan Coogler is writing a role for him in "Black Panther 3." I don't know how many more films I'm going to make, probably not that many," Washington said. After that, Ryan Coogler is writing a part for me in the next 'Black Panther.' Related storiesMarvel fans were quick to pounce on Washington's comment about "Black Panther 3," which the studio has not yet announced. During the closing credits of "Wakanda Forever," text on the screen explicitly promises that "Black Panther will return."
Persons: Denzel Washington, Hannibal, King Lear, Ryan Coogler, , Denzel Washington doesn't, he's, Paul Mescal, Antoine Fuqua, Steve McQueen, I'm, Washington, I've, Coogler, Tom Holland Organizations: Service, Denzel, Netflix, Marvel, Disney Plus, Disney Locations: Washington
Here's what needs to go right for Intel, the only US-based manufacturer of powerful chips. AdvertisementUS policymakers are still betting that Intel is the nation's best shot at manufacturing chips. Intel needs to balance the booksIntel plans to spin out its semiconductor manufacturing business into an independent subsidiary called Intel Foundry, separating the manufacturing process from its chip-design business. Not everyone is convinced that government intervention will help Intel get back on track in chip manufacturing. The report said they also discussed a potential merger between the company's chip design business and a competitor like AMD or Marvell.
Persons: , Dow, It's, they're, Alistair Barr, Stacy Rasgon, Patrick Moorhead, Moorhead, they've, Logan Purk, Edward Jones, Dan Morgan, Pat Gelsinger, Morgan, Rasgon, Daniel Newman, hasn't, Newman, Gina Raimondo, Donald, it's, Mark Warner, Semafor Organizations: Wall Street, Intel, Service, Dow Jones, Nvidia, Business, Qualcomm, AMD, Dow, Bernstein Research, TSMC, Intel Foundry, Synovus, Futurum Group, Act, Google, Microsoft, Apple, New York Times, Commerce Department, Sen, Marvell, Warner Locations: Taiwan, Washington
Trump's first 100 days are likely to be a rollercoaster, especially given his affinity for headline-grabbing moves. These structured channels helped ensure open dialogue on issues like tariffs, technology restrictions, and financial stability. A potential role for Elon Musk as a geopolitical go-between China might look to alternative channels to manage relations with Trump's administration. National security and AI, autonomous vehicles National security considerations will also be front and center in Trump's early China policy, especially regarding technology restrictions. Expect tariffs, technology restrictions, and Trump's unique brand of diplomacy to push the relationship to its limits.
Persons: Donald Trump, Xi Jinping, Kevin Lemarque, Donald Trump's, Trump, Mao Ning, Trump's, Biden, Elon Musk, Tesla, he's, Robin Ren, Ying Yong, Wu Qing, hasn't, Steve Wynn, Musk, Organizations: Reuters, White, U.S ., Foreign, Treasury, Commerce, Tesla Inc, Bloomberg, Getty, European Union, Trump Locations: Osaka, Japan, U.S, China, Beijing, Shanghai, Washington, Taiwan, European, South Korea, Trump's
Pennsylvania Senate: Although Trump is projected to win Pennsylvania, the Senate race there is still too close to call. Colorado's 8th District: Democratic Rep. Yadira Caraveo is locked in a tight race in the Denver suburbs against Republican state Rep. Gabe Evans. Ohio's 9th District: Democratic Rep. Marcy Kaptur is locked in an extremely tight race with GOP state Rep. Derek Merrin. Texas' 34th District: Democratic Rep. Vicente Gonzalez faces a rematch against former GOP Rep. Mayra Flores, with Gonzalez slightly ahead. Washington's 4th District: Republican Rep. Dan Newhouse narrowly leads Republican former NASCAR driver Jerrod Sessler.
Persons: Donald Trump, Trump, Kamala Harris, Ruben Gallego, Kari Lake, Gallego, outperforming Harris, Lake, Mike Rogers, Elissa Slotkin, Rogers, Slotkin, Democratic Sen, Debbie Stabenow, Jon Tester, Tim Sheehy, Republican Sam Brown, Jacky Rosen, Republican Joe Lombardo, Catherine Cortez Masto, Bob Casey, Republican Dave McCormick, Tammy Baldwin, Eric Hovde, Baldwin, Republican Nick Begich, Mary Peltola, David Schweikert, Shah, Juan Ciscomani, Sen, Kirsten Engel, Kevin Kiley, Jessica Morse, Josh Harder, Stockton Mayor Kevin Lincoln, John Duarte, Democrat Adam Gray, David Valadao, Rudy Salas, Mike Garcia, Democrat George Whitesides, Young Kim, Joe Kerr, Ken Calvert, Will Rollins, Michelle Steel, Derek Tran, Mike Johnson, Bill Clark, Republican Scott Baugh, Dave Min, Mike Levin, Matt Gunderson, Lauren Boebert's, Adam Frisch, Boebert, Republican Jeff Hurd, Gabe Evans, Frank Mrvan, Republican Randell Niemeyer, Republican Mariannette Miller, Meeks, Christina Bohannan, Jared Golden, Austin Theriault, David Trone's, Frederick, April McClain Delaney, John Delaney, Republican Neil Parrott, Monica Tranel, Ryan Zinke, Harris, Don Bacon, Tony Vargas, North, Don Davis, Republican Laurie Buckhout, Gabe Vasquez, Yvette Herrell, Susie Lee, Drew Johnson, Steven Horsford, North Las Vegas Mayor John Lee, Anthony D'Esposito, Laura Gillen, Josh Riley, Marc Molinaro, Marcy Kaptur, Derek Merrin, Janelle Bynum, Lori Chavez, Andrea Salinas, Mike Erickson, Salinas, Erickson, Ryan McKenzie, Susan Wild, Scott Perry, Janelle Stelson, Vicente Gonzalez, Mayra Flores, Gonzalez, Democrat Eugene Vindman, Republican Derrick Anderson, Vindman, Alexander Vindman, Volodymyr Zelenskyy, Marie Gluesenkamp Perez, Republican Joe Kent, Dan Newhouse, Jerrod Sessler, Sessler, Newhouse, Kim Schrier, Carmen Organizations: Republican Party, NBC, Arizona, Democratic, Marine, Lake, Michigan, GOP, Democratic Rep, Nevada Senate, Republican, Senate, Pennsylvania, . Wisconsin Senate, Republicans, Democrat, California Natural Resources Agency, Stockton Mayor, Capitol, NASA, Virgin Galactic, Democrats, Democratic Army, Inc, Getty, Colorado's, Gary, Miller, Maine's, Rep, NASCAR, Commerce Department, District, Republican Rep, Army, Mexico's, North Las Vegas Mayor, New York's, Ohio's, Freedom Caucus, Trump, Ukrainian Locations: Michigan, Arizona, Nevada, Alaska, Debbie Stabenow . Montana, Montana, Pennsylvania, Washington, California, Phoenix, District, Tucson, California's, Sacramento, Central Valley, Southern California, Riverside County, Colorado's, Denver, Indiana's, Iowa's, Maryland's, Nebraska's, Omaha, North Carolina's, Nevada's, Las Vegas, Oregon's, Pennsylvania's, Texas, Virginia's, Washington's
In the top-of-the-ticket presidential race, Vice President Kamala Harris and former President Donald Trump entered the day virtually deadlocked in national polling and surveys of the pivotal battleground states. Senate Democrats and House Republicans were hoping to hang on to thin majorities amid fierce competition. Trump planned to gather family, friends and staff at Mar-a-Lago, his resort in West Palm Beach, Florida, to monitor returns. Along with the rest of the country, Trump and Harris must now await the judgment of voters in the seven swing states — Pennsylvania, Michigan, Wisconsin, Georgia, North Carolina, Arizona and Nevada — to find out who is right. Senate Democrats are also playing defense in Ohio, Pennsylvania, Nevada, Michigan, Wisconsin, Nevada and Maryland.
Persons: Kamala Harris, Donald Trump, Harris, , Grover Cleveland, Trump, Jim Justice, Democratic Sen, Joe Manchin, Sen, Jon Tester, Cook Organizations: White, House Republicans, Trump, Mar, Observatory, Howard University, House, Democrats, Republican Gov, Democratic, Republicans, Cook, Republican Locations: Pennsylvania, Michigan, Wisconsin, Georgia, North Carolina, West Palm Beach , Florida, Philadelphia, West Palm Beach, Fla, Michigan , Wisconsin, North Carolina , Arizona, Nevada, Kentucky, Arizona , Michigan, Swing, Washington, Ohio , Pennsylvania, Nevada , Michigan , Wisconsin , Nevada, Maryland, Alabama, New York, Nebraska
Officer Daniel Hodges, of Washington's Metropolitan Police Department, who was on duty both for Trump’s Jan. 6 event and Harris’ rally, said Tuesday was a very different experience. He's since become an outspoken opponent of Trump's, testifying before the Jan. 6 committee and campaigning for Harris. He said he was glad that Harris chose to host a rally at the same spot where Trump told his supporters to march to the Capitol. While Hodges spent Jan. 6 fighting a pro-Trump mob in the lower west tunnel, he didn't see much action in the aftermath of Harris' speech. He incited the crowd to riot while my brother and his fellow officers put their lives at risk,” Sicknick told the crowd.
Persons: Kamala Harris, Donald Trump, Daniel Hodges, Trump’s Jan, Harris ’, “ I’m, Harris, Jan, ” Hodges, Trump's, Trump, , Hodges, , ” Harris, Craig Sicknick, Brian Sicknick, ” Sicknick, Sicknick, “ I’ve, Kamala, ” Craig Sicknick, Brian, Aquilino Gonell, Victor J, Gonell, Brian Sicknick’s, ” Gonell, Brian would’ve, wouldn’t, She'll Organizations: WASHINGTON, Trump, Capitol, Washington's Metropolitan Police Department, NBC News, , Capitol Police, U.S . Capitol Police, U.S Capitol Police, Democratic National Convention, Bloomberg, Getty Locations: Washington's, U.S, Chicago, American
Ballot drop boxes in Portland, Oregon, and neighboring Vancouver, Washington, were set on fire early Monday morning, police said, just over a week out from Election Day. The Portland Police Bureau said an "incendiary device" was placed inside of a sidewalk ballot box in the Central City district. At around 4 a.m. local time, about a half-hour after the reported fire in Portland, police in Vancouver also responded to a ballot box fire. Earlier this month, the Vancouver bomb squad responded to reports of a "suspicious device" near a downtown ballot box, police said. The device was "safely removed" and the ballot box itself was "not compromised," according to a news release.
Persons: Greg Kimsey, Shasti Conrad, Kimsey, Marie Gluesenkamp Perez, Donald Trump, Joe Kent Organizations: Vancouver . The Portland Police Bureau, Officers, Portland police, Unit, NBC News, Disposal Unit, FBI, Vancouver, Washington State Democratic Party, Congressional, Democratic Rep, Republican, U.S . Postal, Police Locations: Portland , Oregon, Vancouver , Washington, Portland, Vancouver ., Central City, Vancouver, Multnomah County, Clark County, Washington's, Phoenix
People along the coast now have 10 to 30 minutes to reach high ground before a giant wave engulfs the Pacific Northwest. The scene above is a worst-case scenario of a megaquake striking the Pacific Northwest. "It's ominously quiet," Harold Tobin, Washington's state seismologist and the director of the Pacific Northwest Seismic Network, told BI. The Pacific Northwest, by contrast, only found out about the danger posed by the Cascadia subduction zone in the 1980s. The Cascadia subduction zone pushed those mountains up about 10 million years ago, carving the mountain range that makes the Pacific Northwest so stunning.
Persons: Seattle isn't, Robert Ezelle, Rick Bowmer, Ted S, Warren, Juan, Harold Tobin, Tobin, Ezelle, Andrew Selsky, Itsuo Inouye, They've, Wally Santana, Barbara Ortutay Organizations: Washington state's Military, ., Puget Sound, Washington Army National Guard 792nd Chemical Company, Washington state's Military Department, Business, Northwest Seismic Network, AP, Columbia University, Big One, Federal Emergency Management Agency, US Navy, FEMA, Northwest Seismic Locations: Seattle, Pacific, Long Beach , Washington, Northern California, Vancouver, Grandview , Washington, Pacific Northwest, Washington, Washington's, Cascadia, Sitka spruces, Oregon, Japan, Japan's Miyagi Prefecture, Tohoku, Natori
Houthi rebels used Russian satellite tracking data to hit ships in the Red Sea, The Wall Street Journal reported. AdvertisementHouthi rebels in Yemen used satellite data provided by Russia to target and attack commercial ships in the Red Sea, The Wall Street Journal reported. One of the Journal's sources said that the satellite data was transferred to the Houthis via members of the Iranian Revolutionary Guard Corps embedded with the rebels in Yemen. AdvertisementThe Houthis have for months harassed commercial ships in the Red Sea with drones and missiles, for what they say is retaliation against Israel for its bombardment of Gaza. AdvertisementMeanwhile, the US military has rotated multiple aircraft carrier groups to fend off Houthi attacks in the Red Sea, last week striking several targets in Yemen with B-2 Spirit stealth bombers.
Persons: , Dmitry Peskov Organizations: Street Journal, Iran's Revolutionary Guard Corps, Service, Iranian Revolutionary Guard Corps, Reuters, Russian Foreign Ministry, Kremlin, Business, US Navy, Health, Israel, Drewry Locations: Red, Yemen, Russia, Israel, Iran, Moscow, Gaza
The USS Washington submarine was awarded the Presidential Unit Citation after a series of secret intel operations. The PUC is the highest unit award in the US Department of Defense. AdvertisementA US attack submarine crew was honored with a top award after running "demanding" secret intelligence-gathering missions. The crew's recent deployment involved "three demanding missions vital to national security that resulted in obtaining sensitive and unique intelligence information," the Navy said. The Virginia-class fast-attack submarine USS Indiana surfaces in the Beaufort Sea during Operation Ice Camp.
Persons: , Timothy Poe, Joe Biden, Ace Foster, Rob Gaucher Organizations: USS, intel, PUC, US Department of Defense, Service, Sixth, Submarine Forces Atlantic, Navy, Camp, US Navy, Ace, Department of Defense, Submarine Forces, Huntington Ingalls Industries, General Dynamics ' Locations: USS Washington, Virginia, Russia, Europe, Africa, Washington, Indiana, Beaufort, III Virginia
Inflation will rise regardless of whether Donald Trump or Kamala Harris wins the presidency, Paul Tudor Jones said. "All roads lead to inflation," Jones said on Tuesday. "I'm long gold. I'm long bitcoin. I think commodities are so ridiculously under-owned, so I'm long commodities.
Persons: Donald Trump, Kamala Harris, Paul Tudor Jones, , Jones, that's, Trump, Jones —, Harris Organizations: Service, CNBC, Nasdaq, Republican, White, Congressional, Office, Trump, Treasury
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