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Some of the best early Black Friday deals are already live, even though the sale doesn't officially start until later this week on Nov. 29. Below, I rounded up the best early Black Friday deals so far, each of which is highly rated and at least 20% off. SKIP AHEAD Best early Black Friday deals | More early Black Friday sales | How I picked the best early Black Friday deals | Why trust NBC Select? The best early Black Friday deals of 2024I found, vetted and wrote about every deal I recommend below. The best early Black Friday salesHere are the best early Black Friday sales to know about.
Persons: I’ve, , , Rebecca Rodriguez, It’s, Harry Rabinowitz, Billie, Olive, Jones, Jenni Kayne, TikTok Organizations: NBC, Alexa, Amazon, beechwood, Garmin, Walmart, JCPenney, Casper, Google, Samsung, Navy, Adidas, Wellness, Facebook, Twitter Locations: carabiner, grippy
Shai Weiss, chief executive officer of Virgin Atlantic Airways Ltd., on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. LONDON – Virgin Atlantic CEO Shai Weiss on Monday said the U.K. Labour government's landmark October budget presented a "tax on growth" due to higher rates placed on the aviation industry. "I would call [the Budget] a tax on growth," Weiss said Monday, adding that while it was necessary to cover Britain's budget deficit, it was also important to recognize the contribution of aviation to the wider U.K. economy. For journeys between 2,001 and 5,500 miles, APD will rise to £102 from £90 in economy and to £244 from £216 in other classes. CNBC has contacted the U.K. Treasury for comment.
Persons: Shai Weiss, Monday, Weiss, Louise Haigh, Rachel Reeves, Rain Newton, Smith, Bill Organizations: Virgin Atlantic Airways Ltd, LONDON, Virgin Atlantic, Labour government's, Labour, Conservative, Air Passenger, Treasury, Aviation, . Transport, Finance, of British Industry, National Insurance, CNBC Locations: Farnborough, London
"There is an anomaly in French football and in Parisian football, that it is probably the only big city in Europe with only one big football club. France's billionaire Arnault family, owners of luxury group LVMH and one of the richest dynasties on the planet, is preparing to secure majority ownership of minor soccer club Paris FC — but sees any sporting turnaround as a long-term aim. Antoine Arnault speaks to the media during the Paris FC press conference at Groupe ADP – Centre d’entrainement Paris FC on November 20, 2024 in Orly, France. Asked by CNBC whether he saw Paris FC as a potential challenger, Arnault said: "That would be very immodest of us, to even compare ourselves to Paris Saint-German. Arnault told CNBC that if his family wanted a "trophy asset," they would have looked elsewhere.
Persons: Arnault, CNBC's Charlotte Reed, Red Bull, Antoine Arnault, Bernard Arnault, Bull, Germain, We're, Jürgen Klopp, Ryan Reynolds, Rob McElhenney Organizations: Paris FC, Associated Press, CNBC, Leipzig, Austria's, Paris FC —, Groupe ADP –, d’entrainement Paris FC, Qatari, titans Paris Saint, French, Paris Saint, League, Champions League, Liverpool, Premier League, Welsh, Wrexham AFC —, Bull Locations: Europe, Paris, Austria's Salzburg, Orly, France, English, Leipzig, Salzberg
Learn moreWe're just a week away from the busiest online shopping day of the year, and the best early Black Friday clothing deals are already well underway. So, let's get into it: here are the best Black Friday deals (thus far) on clothes, shoes, and more for you and everyone on your list. The best Black Friday shoe dealsWhen you shop for shoes from department stores like Nordstrom or Zappos early, you'll find a daily rotation of new styles leading up to Black Friday. We've also scouted comfortable walking shoes, cozy clogs, and a discount on some of the best flats we've tested. Check out our roundup of all of the best Black Friday deals.
Persons: Jenni Kayne, they've, you've, let's, you'll, We've, Pick, editor's, JW Pei, Pei, I've, Jenni Kayne's, Pant, Cole Haan, Kenneth Cole Organizations: Business, Nordstrom, Nordstrom Staff, Madewell, Everlane's, Saks Locations: Nordstrom, Madewell, West, Cashmere
Jaguar new logo Courtesy: JaguarLuxury carmaker Jaguar has defended a rebrand that drew widespread criticism on social media this week. In a release, Jaguar said the media showcased its "dramatic new creative philosophy," branded "Exuberant Modernism," which will "inspire future vehicles." Three new electric models are expected from the company in the coming years, including a four-door GT car expected to have a six-figure starting price. We wanted to move away from traditional automotive stereotypes," Jaguar managing director Rawdon Glover told the Financial Times in an interview published Friday. A parked car featuring the existing Jaguar logo pictured on Monday, January 25, 202.
Persons: Jaguar, Gary Jenkins, they've, Rawdon Glover, Glover Organizations: Tata Motors, Rover, Facebook, CNBC, Jaguar, Miami Art, Financial Times, Nurphoto, Getty
Rising global trade tensions present a risk to the euro area economy, the bloc's central bank found in its biannual Financial Stability Review out on Wednesday. The European Central Bank also said weak growth was now a bigger threat than high inflation in the 20-nation euro zone. The latest figures recorded euro zone economic growth at a two-year high of 0.4% in the third quarter, while headline inflation hit 2% in October. "Rising global trade tensions and a possible further strengthening of protectionist tendencies across the world raise concerns about the potential adverse impact on global growth, inflation and asset prices," the Financial Stability Review said. Economists say the knock-on impact of implementing these measures could drag on the euro, if a slowdown in exports spurs the ECB to cut interest rates further and faster.
Persons: Donald Trump's Organizations: European Central Bank, ECB, U.S Locations: U.S, China
The euro has declined rapidly, meanwhile, briefly dipping below $1.05 on Nov. 14 for the first time since October 2023. Modeling by Barclays' economists shows the euro hitting dollar parity with a 10% tariff on European products and subsequent retaliation. The bank said the prospect of Trump tariffs and fiscal reforms had caused it to revise its view that the dollar would gradually decline through the year, instead seeing the U.S. currency "stronger for longer." Since hitting a low in September 2022, the euro has been comfortably back above parity even if below its long-range average. One of those 2022 factors roared back into focus this week, weighing broadly on European assets: the threat of escalating tensions with Russia.
Persons: Donald Trump, James Reilly, Reilly, George Saravelos, Trump, Saravelos, Goldman Sachs, Goldman Organizations: U.S, Republican, China —, Federal Reserve, Capital Economics, Federal, European Central Bank, FX Research, Deutsche Bank, Trump, Barclays, ECB, Fed Locations: Congress, China, U.S, Europe, Russia, Ukraine
Advertisement"Nobody Wants This" is a Netflix rom-com series starring Kristen Bell and Adam Brody. She meets Noah, a young rabbi played by Adam Brody, at a party, and they immediately hit it off. AdvertisementHere's everything we know about "Nobody Wants This" season two, including when it's hitting Netflix. Adam Rose/Netflix'Nobody Wants This' season 2 is officially a goNetflix announced in October that it had renewed "Nobody Wants This" for a second season. Adam Rose/Netflix'Nobody Wants This' season 1 ends with a big cliffhangerAt the end of season one, Joanne backs away from her relationship with Noah.
Persons: Kristen Bell, Adam Brody, Bell's, Noah, Erin Foster, Morgan, Justine Lupe, Bell, Joanne, Adam Rose, Jenni Konner, Bruce Eric Kaplan, Nora Silver, IndieWire, Foster, Hopper, Brody, Variety, Lupe, Esther, Noah's, Jackie Tohn, Sasha, Timothy Simons, she's, Vulture Organizations: Netflix, Hollywood
There's a vintage accent chair for over $950 off, and one of Jenni Kayne's coveted cardigans for over $100 off. View at Jenni KayneJenni Kayne Black Friday FAQsWhen does the sale start and end? Jenni Kayne's Black Friday sale starts on November 16, nearly two weeks ahead of the official start of Black Friday and Cyber Weekend. During Jenni Kayne's Black Friday sale event, members get 30% off sitewide, while non-members get 25% off sitewide. Check out our roundup of all of the best Black Friday deals.
Persons: Jenni Kayne, we're, Jenni Kayne's, you've, Jenni, Jenni Kayne Jenni Kayne, Jenni Kayne Jenni, French terry Organizations: Business Locations: California, West, Peru, French
Instead, they agreed upon a 32-hour workweek, in which employees retain their full-time positions with benefits but can enjoy reduced hours and schedule flexibility. The couple both work for the county, and say the shortened workweek has improved their quality of life. Ingman, a park manager in the county, said the 32-hour workweek made his job easier by attracting a better applicant pool. His wife’s employer recently adopted its own 32-hour workweek — using San Juan County as a template. Not all county employees are formally eligible for the 32-hour workweek; right now it only applies to the roughly 155 positions represented by the union.
Persons: Kristen, Eric Rezabek, Eric, ” Eric, Jessica Hudson, it’s, , Kristen Rezabek, ” Hudson, , , ” Kristen, there’s, Joe Ingman, Joe Ingman “, you’re, I’ve, Ingman, he’d, Jenni Merritt, she’d, Jenni, Jenni Merritt “, ” Merritt, Merritt, we’re, ” Kristen Rezabek, Matthew Steward, Matthew Steward “, “ It’s, Matthew Steward’s, Steward, Juan, Bernie Sanders, ” Joe Ingman, they’d Organizations: CNN, San, Park, Public Works Locations: San Juan Island, Washington, San Juan County, Seattle, , Park, Mississippi, Juan County
Loading chart...LONDON — U.K. borrowing costs posted two days of gains right after the Labour government unveiled a huge package of borrowing and tax rises in its Wednesday budget — but analysts downplayed the possibility of a second "mini-budget" crisis in the British bond market. The 10-year gilt yield , representing medium-term borrowing costs for the government, was slightly lower on the day at 11:20 a.m. London time. Yields move inversely to prices, so higher yields represent a sell-off in bonds — and an aversion to funding U.K. debt. The incident sent bond yields soaring so rapidly, they threatened to destabilize pension funds. Loading chart..."The market is right to be concerned" about the U.K. fiscal outlook, Mohit Kumar, chief financial economist for Europe at Jefferies, told CNBC.
Persons: Rachel Reeves, Reeves, Liz Truss, BOE, Susannah Streeter, Hargreaves Lansdown, It's, Streeter, CNBC's, Sterling, Mohit Kumar, We've Organizations: LONDON, Labour, Wednesday, Bank of England, Deutsche Bank, Hargreaves, U.S ., Jefferies, CNBC Locations: London
Inflation in the 20-nation euro zone rose to 2% in October, preliminary figures released by statistics agency Eurostat showed Thursday. The fresh Thursday inflation print is seen as crucial in judging whether the European Central Bank could consider implementing a jumbo half-percentage-point cut in interest rates at its next meeting in December. The central bank has so far trimmed rates three times this year, making quarter-point increments that altogether took the central bank's key rate from 4% to 3.25%. Traders are also considering the latest growth figures for the euro area, which showed better-than-expected 0.4% expansion in the third quarter, even as analysts predicted further weakness ahead. The ECB said during its October meeting that sluggishness in the euro zone's economic activity had added to its confidence that inflation will not resurge dramatically.
Organizations: Reuters, European Central Bank, Traders, ECB Locations: Bonn, Germany
watch nowLONDON — U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing. Yields had already risen on Wednesday shortly after the budget announcement by Finance Minister Rachel Reeves, which contained plans for £40 billion ($52 billion) worth of tax hikes and committed to substantially higher borrowing in the coming years. Despite the big moves this week, the gilt market is remaining relatively stable compared to September 2022, when the U.K. suffered its so-called "mini-budget crisis." Analysts had said ahead of the October 2024 budget that such bond market volatility was unlikely to repeat itself, largely because the U.K. inflation has dropped sharply since the Truss era. Analysts at Goldman Sachs said Thursday it would "reduce the urgency for sequential cuts in the near term."
Persons: Rachel Reeves, We've, Liz Truss, Truss, Reeves, Goldman Sachs, Morgan, Andrew Sheets, BOE, Sterling Organizations: Labour Party, Labour, ING, Budget, Conservative Party, Bank of England, Goldman, CNBC, U.S Locations: London
Maja Smiejkowska | ReutersLONDON — U.K. borrowing costs on Wednesday touched their highest level since Labour took office, after Finance Minister Rachel Reeves unveiled a vast package of tax hikes in her first budget. The yield had cooled to a 3 basis point rise to 4.35% by 4:00 p.m. U.K. time (12:00 p.m. The yield on 2-year bonds, which in the U.K. are known as gilts, were over 6 basis points higher at 4.33% after rising by as much as 10 basis points. The Treasury separately said it would raise gilt issuance by £22.2 billion ($28.9 billion) to £299.9 billion for the fiscal year to meet its net financing requirement. Those included the facts that many key policies had already been announced, and that any increase in borrowing would be to fund public investment.
Persons: Rachel Reeves, Maja Smiejkowska, Reeves, Liz Truss Organizations: Reuters LONDON, Labour, Treasury, Conservative Party, Bank of England Locations: London, Britain
The euro zone economy grew 0.4% in the third quarter, flash figures published by the European Union's statistics agency showed Wednesday. Analysts say euro zone growth should cautiously pick up in the coming months, amid lower interest rates and cooling inflation. The ECB cited persistent signs of weak activity in the euro area as a key factor in the central bank's decision to enact an October cut. Markets have fully priced another 25-basis-point cut from the ECB in its last meeting of the year in December. The euro zone's biggest economy, Germany, recorded surprise growth of 0.2% in the third quarter, according to figures published on Wednesday.
Organizations: Reuters, European Central Bank, ECB Locations: Madrid, Spain, Germany
UK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is held at the ACC Liverpool Convention Center in Liverpool, UK on September 23, 2024. LONDON — Nearly four months after taking office, the U.K.'s Labour government is set to unveil its debut budget on Wednesday, with markets braced for a major fiscal shake-up. "There's a huge amount of interest in this budget," Amanda Tickel, head of tax and trade policy at Deloitte U.K., told CNBC on Tuesday. Tickel forecast £35 billion ($45.4 billion) worth of tax rises and £5 billion in spending cuts to plug what Finance Minister Rachel Reeves says is a "big gap" in the budget. We haven't had a Labour government for 14 years, and they're going to want to make their mark on the tax system," she said.
Persons: Rachel Reeves, Amanda Tickel, haven't, we've, Reeves Organizations: Labour Party Conference, ACC Liverpool Convention Center, LONDON, Labour, Deloitte, CNBC Locations: Liverpool, London
To get the most out of your electric car, you'll want to charge it at home, and likely overnight. This article is part of "Getting Ready for Electric," a series of guides and practical advice for buying your next EV. Going electric introduces a whole new element of car ownership: charging. "Home charging is what makes it easy and efficient to own an EV," Newman said. When it comes to choosing a charger, Sapp says it's a "safe bet" to go with a model recommended by your car's manufacturer.
Persons: , Jenni Newman, Newman, Ken Sapp, Sapp, Cars.com, it's Organizations: Service, EV Locations: Qmerit
Mārtiņš Kazāks, Bank of Latviawatch nowOn a 50-basis-point rate cut: "Well, everything should be on the table, you know, given what the data tells us. Klaas Knot, Netherlands central bankwatch now"Are we risking a structural undershoot of our inflation target? Joachim Nagel, German central bankwatch nowOn rate cuts: "This discussion about 25 or maybe something different is not helpful. On rate cuts: "The direction is clear. Gediminas Šimkus, Bank of Lithuaniawatch nowOn rate cuts: "We are clearly moving ... towards the direction of easing monetary policy.
Persons: Karen Tso, Pierre Wunsch, I'm, we've, Mario Centeno, Klaas, It's, Robert Holzmann, Joachim Nagel, disinflation, Volcker, Olli Rehn, it's, Gediminas Šimkus, Boris Vujčić Organizations: European Central Bank, International Monetary, Bank of Latvia, National Bank of Belgium, Bank of Portugal, Austrian National Bank, Bank of France, Bank of Finland, Bank of Lithuania, Croatian National Bank Locations: Washington ,, Kazāks, Netherlands, German, Galhau, Europe
European stock markets are heading for a lower open Friday, rounding off a largely negative week for global stocks as third-quarter earnings season has ramped up. The pan-European Stoxx 600 has shed 1.14% in the week to date, though managed a slight gain Thursday. Corporate results have proven a mixed bag, with many banks beating expectations but investor sentiment remaining wary. On Friday, Mercedes reported a 64% plunge in operating profit in its core cars division, blaming "weaker macroeconomic conditions and fierce competition, mainly in Asia." High-end European drinks firms are being hit by higher duties on their Chinese exports, in a retaliatory move for European Union tariffs on Chinese electric vehicles.
Persons: Mercedes, Remy Cointreau Organizations: European Locations: Asia, U.S
10-year Treasury yield dips after scaling 3-month highs
  + stars: | 2024-10-25 | by ( Jenni Reid | ) www.cnbc.com   time to read: +1 min
The benchmark 10-year Treasury yield was one basis lower at 4.19% after breaching 4.25% on Wednesday. The 2-year Treasury was fractionally lower at 4.063%. The yield on the 10-year Treasury eased slightly Friday after hitting a three-month high this week. Others have stated the need to be "cautious and deliberate" and "patient" with further cuts. Market pricing puts a 97% probability on the Fed cutting rates by 25 basis points in November, according to CME's FedWatch tool.
Persons: Beth Hammack Organizations: Treasury, Traders, Federal Reserve, Cleveland Fed
LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations. The result compared with the £1.17 billion net profit forecast in an LSEG poll of analysts and was 23% higher than the same period in 2023. In the second quarter, Barclays net profit fell slightly year-on-year amid lower income at its U.K. consumer bank and corporate bank, as net profit jumped 10% at its investment bank. Corporate bank income was 1% higher due to a rise in average deposit balances, while investment banking income gained 6%. Amid declines, income at Barclays' private U.S. consumer bank dipped 2% year-on-year as its wealth management unit fell 3%.
Persons: Venkatakrishnan, we've Organizations: LONDON, Barclays, Revenue, Tesco Bank, CNBC
watch nowExtreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher interest rates, according to the head of the Institute of International Finance. "The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," Tim Adams, president and CEO of the IIF financial services industry trade group, told CNBC's Karen Tso on Tuesday. Trump has made universal tariffs a core part of his economic pitch to voters, with suggestions of a 20% tariff on all goods from all countries and a higher 60% rate on Chinese imports. Trump has previously described universal tariffs as drawing a "ring around the country," and denied they would be inflationary. However, analysts have warned that the overall package proposed by Trump, including higher tariffs and curbs on immigration, would place upward pressure on inflation, even if some of the impact could be absorbed in the near-term.
Persons: Donald Trump, Tim Adams, Karen Tso, Adams, Trump, John Micklethwait Organizations: U.S, Institute of International Finance, U.S ., Bloomberg, Trump, Federal Reserve Locations: United States
U.K. net borrowing rose to £16.6 billion ($21.59 billion) in September, the Office for National Statistics said Tuesday , up £2.1 billion from the year before. Chancellor Rachel Reeves gives a speech at the Treasury on July 8, 2024 in London, England. Reports suggest she may use the budget to change the way debt is calculated by the Treasury in order to create more room for capital expenditure. The latest borrowing figures "highlight the limited scope the [Finance Minister] has to increase day-to-day spending without raising taxes," Alex Kerr, U.K. economist at Capital Economics, said in a note. A change in debt rules would allow for borrowing for public investment by an additional £53 billion, Kerr added.
Persons: Chancellor Rachel Reeves, Rachel Reeves, Alex Kerr, Kerr, Reeves, — Jenni Reid Organizations: National Statistics, Treasury, Labour, Finance, Capital Economics Locations: London, England
Mike Kemp | In Pictures | Getty ImagesLONDON — The U.K. is likely to see interest rates drop at a faster pace than previously expected, according to economists who flagged key data releases that indicated inflationary pressures are finally easing. However, economists at Goldman Sachs in a Monday note forecast rate cuts "notably below market pricing." As a result, they see consecutive 25 basis point cuts taking the Bank Rate to 3% as early as September 2025, and to 2.75% in November next year. "Recent data have cemented expectations of another cut in interest rates in November. "That said, uncertainty around the economic outlook is high, and interest rate expectations will be sensitive to what the government announces in the Budget," Muir added.
Persons: Mike Kemp, Goldman Sachs, BOE, Price, , James Smith, Smith, David Muir, Muir, Keir Starmer, Rachel Reeves Organizations: of England, Labour, Bank of England's, BOE policymakers, Bank of England, ING . Services, Reuters, International Energy Agency, U.S . Federal Reserve, European Central Bank, Moody's, Finance Locations: City of London, London, United Kingdom
General view of the City of London skyline, the capital's financial district, in October. LONDON — The International Monetary Fund on Tuesday raised its 2024 growth outlook for the United Kingdom, saying declines in interest rates and inflation would boost domestic demand. The IMF now sees 1.1% growth for the U.K. economy this year, up from a July forecast of 0.7%. Inflation in the U.K. came in at 1.7% in September, a decline from 11.1% in October 2022. Economic growth has been tepid so far this year, coming in at 0.2% in August after flatlining in June and July.
Persons: flatlining Organizations: LONDON, Monetary Fund, IMF, Bank of England Locations: London, United Kingdom
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