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Kate, Princess of Wales, smiling with her family in Norfolk, England in images released on Monday. “In more than a decade of covering the royal family, I’ve never seen a video like this,” said NBC News royal contributor Emily Nash. “It’s the most intimate we have ever seen the Wales family,” she added. Will WarrWhile the royal family has always sought to present itself as a champion of family values, it hasn’t done so in quite this way, she said. “This was a really stylish and beautiful way of doing this.”Princess Kate reflects on her cancer journey in an emotional video released on Monday.
Persons: Kate, Princess, Wales, Princess of Wales, Will Warr, Prince William, George, Charlotte, Louis, It’s, , , I’ve, , Emily Nash, William, Sarah Gristwood, it’s, ” Gristwood, Queen Elizabeth II, Gristwood, King Charles, ” Nash, Marine Hyde, Prince William’s Organizations: Getty, NBC News, The Guardian Locations: Norfolk, England, AFP, Wales
London CNN —Catherine, Princess of Wales, has said she has completed her chemotherapy and is “doing what I can to stay cancer free,” as she plans to return gradually to public life in the coming months. “Doing what I can to stay cancer free is now my focus,” she continued. “The cancer journey is complex, scary and unpredictable for everyone, especially those closest to you.”Catherine and William stand with their daughter, Princess Charlotte, on the English coast. Her diagnosis stunned the country, coming just weeks after King Charles III announced in February that he had also been diagnosed with cancer. In her initial announcement, Kate stressed she had been advised to undergo a course of “preventative” chemotherapy.
Persons: London CNN — Catherine, Princess of Wales, Catherine, , Kate, Prince William, , William, – Prince Louis , Princess Charlotte, Prince George –, ” Catherine, Princess Charlotte, Will Warr, ” Kate, William Dahut, Warr, Kate’s, King Charles III, Karen Knudsen, Charles, Queen Camilla, Keir Starmer, Rishi Sunak, ” Starmer, ” “, ” Sunak Organizations: London CNN, American Cancer Society, CNN, Court, Wimbledon, British Locations: Norfolk, London, Buckingham, Wales
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic slowdown going into election will warrant rate cuts, says Kyle BassKyle Bass, founder and chief investment officer at Hayman Capital Management, joins CNBC's 'The Exchange' to discuss market outlooks, the Fed's next move, and more.
Persons: Kyle Bass Kyle Bass Organizations: Hayman Capital Management
But this year’s event will be the first without Munger, who died in November at age 99 — and comes amid growing questions about Berkshire post-Buffett, who’s 93. Buffett will have a different crew answering questions alongside him on Saturday. Berkshire’s vice chairmen, Greg Abel and Ajit Jain, will be on hand for much of the day. Shareholders most likely will be focused on what Abel, Buffett’s appointed successor as C.E.O. In Buffett’s annual letter to investors, he noted challenges to Berkshire’s biggest businesses, including the BNSF railroad (falling shipment volumes) and its utility business (forest fires).
Persons: Warren Buffett, Charlie Munger, Munger, Buffett, Greg Abel, Ajit Jain, Abel, Buffett’s Organizations: Berkshire, Shareholders Locations: Berkshire, Omaha, Woodstock, America
REUTERS/Issei Kato Acquire Licensing RightsOct 24 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. September's PMIs showed that manufacturing activity in Japan and Australia shrank and services sector activity grew, although growth in Japan was the slowest this year. The big picture, however, is still dominated by the ebb and flow of the U.S. Treasuries market. And while a broad easing of financial conditions on Monday - lower Treasury yields and a weaker dollar - should support emerging market assets, Wall Street's late downward drift will warrant caution. The MSCI Asia ex-Japan and MSCI global emerging market indexes are both down around 13% over the past three months and on Monday both hit their lowest level since Nov. 11 last year.
Persons: Issei Kato, Jamie McGeever, bode, Michele Bullock, September's PMIs, Wall, Goldman Sachs, outflows, Goldman, Josie Kao Organizations: REUTERS, Reserve Bank of Australia, Nasdaq, Bank of Japan, PMI, Thomson, Reuters Locations: Tokyo, Japan, U.S, Korean, Australia, Asia, China, South Korea
The US Coast Guard has convened a Marine Board of Investigation to probe the implosion – the “highest level of investigation the Coast Guard conducts,” US Coast Guard chief investigator Capt. Military experts found debris from the ill-fated submersible about 1,600 feet from the bow of the Titanic on Thursday, the US Coast Guard previously said. “This case has been extremely complex, involving a coordinated international, interagency and private sector response in an unforgiving and difficult to access region of the ocean,” US Coast Guard Rear Adm. John Mauger, the First Coast Guard District commander, said Sunday. The Coast Guard announced the vessel suffered a “catastrophic implosion,” killing everyone on board. Pelagic's remotely operated vehicle Odysseus 6 is lifted out of the ocean after searching for debris from the Titan submersible on June 22, 2023.
Persons: Jason Neubauer, ” Neubauer, , ” Kathy Fox, Kent Osmond, John Mauger, Hamish Harding, Paul, Henri Nargeolet, Shahzada Dawood, Suleman, Odysseus, Neubauer, Paul Hankins, Jeff Mahoney, Mahoney, Rush, ” Rachel Lance, , Karl Stanley, ” Stanley, OceanGate, Guillermo Sohnlein, ” Sohnlein Organizations: CNN, US Coast Guard, Marine Board, Investigation, Coast Guard, Authorities, Prince, Transportation, Board of Canada, Royal Canadian Mounted Police, RCMP, Polar Prince, US, Guard, First Coast Guard District, OceanGate Expeditions, Stockton Rush, Titan, Research, Research Services, Salvage Operations, Ocean Engineering, Deep Energy, US Navy, Navy, Duke University, Rush Locations: Canada, St, John’s, British, French, Bahamas
“The content of those voice recordings could be useful in our investigation,” Fox said. Communications between the submersible and its mother ship will also likely be scrutinized. The ship could communicate with the submersible by text messages, and it’s required to communicate every 15 minutes, according to the archived website of OceanGate Expeditions. The vehicles will work to map out the vessel’s debris field, which is more than 2 miles deep in the North Atlantic, Mauger said. When asked for comment about Stanley’s email, a spokesman for OceanGate told CNN they were unable to provide any additional information at this time.
Persons: ” Kathy Fox, John’s, ” Fox, John Mauger, Hamish Harding, Paul, Henri Nargeolet, Shahzada Dawood, Suleman, Kent Osmond, OceanGate, Guillermo Sohnlein, ” Sohnlein, , Mauger, Paul Hankins, Jeff Mahoney, Mahoney, Rush, Karl Stanley, ” Stanley Organizations: CNN, Transportation, Board of Canada, US Coast Guard, Stockton Rush, OceanGate Expeditions, Communications, Titan, Getty, Royal Canadian Mounted Police, RCMP, National Transportation Safety Board, US, Guard, Salvage Operations, Ocean Engineering, Research Services, Deep Energy, Rush, Locations: St, Newfoundland and Labrador, British, French, AFP, Bahamas
Illustration by Gene KimAs weed becomes legal in more states, how and if travelers can bring their stash on board remains up in the air. Traveling between states where marijuana is legal in both the origin and destination may sound straight-forward, but with overlapping jurisdictions and hard-to-enforce guidelines, it gets complicated. Under federal law, the possession and sale of marijuana is illegal. Despite President Joe Biden's recent pardons for anyone convicted of a federal crime for simple possession and his directive to review how marijuana is scheduled under federal law, marijuana is still classified as a Schedule I substance. And even though airports are locally owned and operated, air travel still falls under federal law.
Fed Official Says Hotter Data Will Warrant Higher Rates
  + stars: | 2023-03-02 | by ( Nick Timiraos | ) www.wsj.com   time to read: 1 min
The Federal Reserve will need to raise rates to higher levels than previously anticipated to prevent inflation from picking up if the recent strength in hiring and consumer spending continues, a central bank official said Thursday. “I would be very pleased if the data we receive on inflation and the labor market this month show signs of moderation,” Fed governor Christopher Waller said in remarks posted on the Fed’s website. “But wishful thinking is not a substitute for hard evidence in the form of economic data. After seeing promising signs of progress, we cannot risk a revival of inflation.”
Alan Greenspan says US recession is likely
  + stars: | 2023-01-04 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +2 min
New York CNN —Former Federal Reserve Chairman Alan Greenspan believes a US recession is the “most likely outcome” of the Fed’s aggressive rate hike regime meant to curb inflation. In the 12 months that followed February 1994 Greenspan nearly doubled interest rates to 6% and managed to keep the economy steady, avoiding recession. Greenspan, now 96, said in a note this week that he doubts this current bout of hikes will result in a repeat performance. Wage increases and, by extension, employment, “still need to soften further for a pullback in inflation to be anything more than transitory,” said Greenspan. Greenspan doubts the Fed will loosen interest rates soon because “inflation could flare up again and we would be back at square one,” he said.
Kashkari sees Fed's target interest rate peaking at 5.4%
  + stars: | 2023-01-04 | by ( ) www.reuters.com   time to read: +4 min
Its main policy rate currently sits in a target range of 4.25% to 4.50%. "To be clear, in this phase any sign of slow progress that keeps inflation elevated for longer will warrant, in my view, taking the policy rate potentially much higher," Kashkari said. Of course, much depends on how incoming data, in particular on inflation and labor market strength, reinforce that view. Despite a waning of price pressures late last year, the Fed's preferred inflation gauge is still rising at a 5.5% annual rate, more than twice the U.S. central bank's 2% target. For his part, Kashkari reiterated the Fed must avoid cutting rates prematurely.
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