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☆ Worries in Europe Over the White House Move to Delay Gas Terminals
▼ + stars: | 2024-01-26 | by ( Stanley Reed | ) www.nytimes.com time to read: +1 min

The Biden administration’s decision to delay approval of new liquefied natural gas terminals in the United States has been hailed as a major victory for environmental advocacy groups, but it is creating unease outside the United States about future energy supplies. exports have been a real boon to global energy security,” said Ben Cahill, a senior fellow in the energy security and climate change program at the Center for Strategic and International Studies, a research institution in Washington. The Biden administration’s move on Friday to pause the permitting process for new liquefied natural gas export facilities is not expected to have an impact on global gas supplies soon. But it could create uncertainty, especially in Europe, which has only recently weathered a major energy shock after Russia’s invasion of Ukraine almost two years ago. Tankers full of liquefied gas from the United States helped mitigate what could have been a dire situation.

Persons: ”, Ben Cahill, Biden Organizations: Biden, Center for Strategic, International Studies Locations: United States, Washington, Europe, Ukraine, Russia

☆ Japan's stock market roared back to life in 2023, and investors expect even more gains ahead. How to trade it
▼ + stars: | 2024-01-25 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Japanese stocks had one of their best years in recent memory, and they could rally even more in 2024. .N225 ALL mountain Big gains for Nikkei in 2023 That momentum has carried into early 2024. What's more, Wall Street sees no signs of Japanese stocks slowing down. In early 2023, Japanese stocks surged after the highest Shunto wage hike in 30 years was passed, at above 3% from above 2% the year prior, according to the Japan Times . Corporate earnings and economic growth Another driver for Japanese stocks this year could be strong corporate earnings and economic growth.

Persons: Warren Buffett, What's, BofA's Masashi Akutsu, Akutsu, Fumio Kishida, Scott Ladner, Ladner, we've, they're, Glovista's Carlos Asilis, there's, Bernstein, Neil Beveridge, Horizon's Ladner Organizations: Mitsubishi, Mitsui, Itochu, Sumitomo, Nikkei, Japan Times, Horizon Investments, Japan, Japan Hedged Equity, U.S . Federal Reserve, Bank of America, Toyota, U.S Locations: Japan, That's

☆ Watch live: Treasury chief Yellen touts GDP numbers as a boon to the middle class
▼ + stars: | 2024-01-25 | by ( Chelsey Cox | ) www.cnbc.com time to read: +1 min

WASHINGTON — Treasury Secretary Janet Yellen praised the positive economic growth numbers on Thursday as a benefit for the middle class. "Instead of contracting, the economy has continued to grow, driven by American workers and President Biden's economic strategy." Economic growth for all of 2023 also beat the Wall Street outlook at the start of the year. Consumer spending, measured by core prices for personal consumption expenditures, also rose 2% in Q4 while the headline rate was 1.7%. The rate of inflation reached record highs in 2022.

Persons: Janet Yellen, Joe, Biden, Yellen, Biden's Organizations: Economic, of Chicago, Commerce Department, Federal Reserve Locations: WASHINGTON

☆ HSBC sees limited stock market gains after record-setting rally, tells investors to wait for a better entry point
▼ + stars: | 2024-01-24 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

The stock market may not go much higher for the rest of 2024, according to HSBC. "We expect to see better entry points once the market re-prices rates expectations." That's compared to market expectations of 140 basis points. "That slowing would likely dampen earnings growth expectations and increase recession probabilities." Tech and consumer discretionary sectors should see the highest earnings growth, according to the firm.

Persons: Stocks, Nicole Inui, Inui, Goldman Sachs Organizations: HSBC, Fed, Tech, Stock, Walmart, CVS Health, Procter & Gamble, Mondelez, Industries, Chevron, Citigroup Locations: Howden

☆ Nikki Haley won the backing of New Hampshire's GOP governor. It's a key advantage she just won't have again for a long time.
▼ + stars: | 2024-01-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Chris Sununu's endorsement of Nikki Haley seemingly boosted her in NH despite her loss to Trump in the state's primary. The S.C. primary will be a key test, but Haley will also need backing from Republicans in Super Tuesday states. AdvertisementWhen New Hampshire Gov. Chris Sununu threw his support behind former UN ambassador Nikki Haley's presidential bid last month, it was a huge coup for her campaign. Phil Scott is the only other GOP governor currently backing Haley's presidential bid.

Persons: Chris Sununu's, Nikki Haley, Haley, —, Chris Sununu, Nikki Haley's, Phil Scott of, Trump Haley, Henry McMaster —, Donald Trump, McMaster, Trump, Phil Scott, Glenn Russell, VTDigger, Joe Lombardo, Scott of Vermont, Sarah Huckabee Sanders, Greg Abbott, Kevin Stitt, Mike Dunleavy, Glenn Youngkin, Kay Ivey, Spencer Cox, Bill Lee, she's, Sununu Organizations: Trump, Republicans, Service, New Hampshire Gov, Republican, Phil Scott of Vermont ., Gov, GOP, Arkansas, Texas Gov, Oklahoma Gov, Alaska Gov, Virginia Gov, Alabama Gov, Utah Gov, Tennessee Gov, Trump ., New Locations: Super, New Hampshire, Phil Scott of Vermont, Phil Scott of Vermont . Vermont, South Carolina, Vermont, Nevada, Texas, Oklahoma, Alabama, Utah

☆ I love my Stanley cup, and all of you are making me embarrassed to have one
▼ + stars: | 2024-01-24 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Everyone is losing their minds over Stanley Cups, a mashup of an oversize cup and water bottle. AdvertisementIf you've been on any corner of the Internet recently, you've encountered them: The Stanley Cups . As Stanley mania peaks , I am here to weigh in: I love my Stanley Cup, and all of you need to chill out. AdvertisementI admit that the internet and influencers are partially the reason I have a Stanley Cup in the first place. Some fans are amassing huge Stanley Cup collections, like the influencers who showcase rows of colorful, giant cups .

Persons: Stanley, —, you've, They're, it's, Stanley —, that's, I've Organizations: Service, CNBC, tote

It said China plans to tap offshore funds held by Chinese state-owned enterprises and also local funds. Elsewhere in Asia, South Korea's Kospi rose 0.6% to 2,478.61 and Australia's S&P/ASX 200 added 0.5% to 7,514.90. ADM also said it expects to report profit for the full year of 2023 that’s below what analysts were forecasting. That in turn has relaxed the pressure considerably on the stock market and helped it to rip higher. In other trading, U.S. benchmark crude oil rose 9 cents to $74.85 per barrel in electronic trading on the New York Mercantile Exchange.

Persons: Seng, Tan Boon Heng, “, ” Tan, Sunoco, Archer Daniels Midland, Tesla Organizations: Bloomberg, Mizuho Bank, Nikkei, Bank of Japan, U.S ., Dow Jones, Nasdaq, Technologies, NuStar Energy, ADM, American Airlines, Intel, Procter, Gamble, Federal Reserve, Treasury, New York Mercantile Exchange, Brent Locations: BANGKOK, Asia, Hong Kong, Shanghai, Beijing, China, South, U.S

Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE's flagship program Raw starting next year, in Netflix's first major foray into live sports. Netflix, which is trying to drive revenue by cutting down on subscription sharing and pushing viewers toward its ad-tier membership, has made few attempts at live programming in its history. With WWE permission, Netflix could even develop movies or series around WWE characters, one of the people said. For TKO, the parent company of WWE, striking a deal with Netflix brings WWE wrestling to about 250 million global subscribers. WWE President Nick Khan has had Netflix on his radar as a potential landing spot for Raw for several years.

Persons: Dwayne Johnson, Mark Shapiro, Rupert Murdoch, Nick Khan, Khan Organizations: Netflix, Raw, WWE, SmackDown, NXT, USA Network, ESPN, Turner, NFL, Fox Locations: U.S, Canada, America

☆ Oatly shares pop as oat milk maker brings dairy-free flavors to Carvel ice cream shops
▼ + stars: | 2024-01-22 | by ( Micah Washington | ) www.cnbc.com time to read: +1 min

Oatly and Carvel said on Monday that they will partner to add oat milk-based items at the chain's ice cream stores nationwide. Carvel, a chain known for its soft serve, will add five new plant-based desserts to its menu as part of the partnership. The Oatly products will include strawberry soft serve and scooped cookies and cream and chocolate peanut butter flavors, along with cakes. Oatly said the partnership will help the ice cream shop chain serve people with dairy allergies or dietary restrictions. More consumers have embraced plant-based milk in recent years, and oat milk has started to make up a larger share of that segment.

Persons: Oatly, Carvel, Jim Salerno Organizations: Foods, CNBC PRO Locations: San Rafael , California, Swedish

☆ Maryland won a tentative victory in the race for a new FBI headquarters, a potential economic boon for a majority Black county near DC
▼ + stars: | 2024-01-20 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

"And he recognized the importance of the FBI for Maryland and in particular for Prince George's County." Related storiesPrince George's County, the majority-Black county directly to the east of Washington, DC, has for years had one of the most affluent Black populations of any jurisdiction in the country. But compared to Northern Virginia localities like Fairfax County, which has been an economic powerhouse for decades, Prince George's County hasn't enjoyed a similar level of economic development. "We have 4% of leased federal office space in Prince George's County," Hoyer told me, while also pointing out that the county is home to roughly 20% of the Washington region's federal workers. "We're absolutely convinced that everything was done properly," Hoyer told me.

Persons: Wes Moore, Steny Hoyer, —, Edgar Hoover, Ben Cardin, Chris Van Hollen, Hoyer, Robert Mueller, Mueller, Moore's, George's County, Prince, Prince George's County hasn't, ERIC BARADAT, Moore, Christopher Wray, We're, I've Organizations: GSA, FBI, Gov, Virginia, Service, Metro, Maryland Gov, Maryland, Democratic Rep, Democratic, eventual, Prince, Getty, Washington, Marine Corps Base Quantico, General Service Administration Locations: Maryland, Virginia, Greenbelt , Maryland, Prince George's County, Maryland Sens, George's, Black, Washington, Northern Virginia, Fairfax County, AFP, Prince George's, Fairfax

☆ The S&P 500 tops a record high that ‘clears the charts’ of resistance ahead of a week of earnings, inflation data
▼ + stars: | 2024-01-19 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

The S & P 500 rallied more than 1% on Friday, above both its closing and intraday records that it last reached in January 2022. "Meaning that when a major index like the S & P 500, like the Nasdaq 100, reaches a new all time high, what it does is, it clears the charts of resistance." For 2024, Wald anticipates the S & P 500 will end the year at the 5,400 level, representing a roughly 12% rise from Friday's close of 4,839.81. Inflation data, earnings ahead Next week will also bring the Fed's preferred inflation gauge for December, which is expected to confirm the recent trend of easing inflation. Leading Indicators Tuesday Jan. 23 10 a.m. Richmond Fed Index (January) Earnings: General Electric , Synchrony Financial , D.R.

Persons: it's, Katie Stockton, we've, Oppenheimer's Ari Wald, Wald, Dow Jones, That's, Dave Sekera, Sekera, Jan, Johnson, Lockheed Martin, Lockheed Martin Wednesday Jan, Kimberly, Clark, Northrop Organizations: Fed, Nasdaq, Morningstar Research Services, Richmond Fed, Synchrony, Raytheon Technologies, Verizon Communications, Halliburton, Johnson, Procter, Gamble, Lockheed, Lockheed Martin Wednesday, PMI, SA, PMI Manufacturing SA, PMI Services SA, Abbott Laboratories, Chicago, New, . Kansas City Fed Manufacturing, Northrop Grumman, Southwest Airlines, American Airlines, Comcast, PCE, Norfolk, American, CNBC Locations: Stockton, U.S, Horton, Freeport, McMoRan, . Kansas

☆ TSMC delays its $40 billion chip project in Arizona, now to be completed in 2027 or 2028
▼ + stars: | 2024-01-19 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

It’s the second time TSMC (TSM), the world’s largest chipmaker, has been forced to push back its plans in the western US state. It announced in 2022 that it would build a second semiconductor plant in Arizona, adding to plans for an existing fab and raising its overall investment in the state from $12 billion to $40 billion. TSMC is also considering whether to open a second facility in Japan. “The second fab in Japan is in serious evaluation stage,” and the firm is holding talks with the government, according to Liu. It cited a boon for the global semiconductor industry from “the rising emergence of generative AI-related applications,” which include popular platforms such as ChatGPT.

Persons: Hong Kong CNN — TSMC, Joe Biden’s, Mark Liu, Liu, Biden, TSMC, “, C.C, Wei Organizations: Hong Kong CNN, Global, Apple, Nvidia Locations: Hong Kong, Arizona, Hsinchu, Taiwan, Dresden, Germany, Europe, Japan, Kumamoto, New York, Taipei

He also found four poems written by Flora Fairfield, a known pseudonym of Alcott's. As he scrolled through digitized newspapers from the American Antiquarian Society, he found a story titled “The Phantom." I’m interested in gathering more of it.”When first contacted by Chapnick about the writings, Gregory Eiselein, president of the Louisa May Alcott Society, said he was curious but skeptical. This isn't the first time that scholars have found stories written by Alcott under a pseudonym. In the 1940s, Leona Rostenberg and Madeleine Stern found thrillers written under the name A. M. Barnard was an Alcott pseudonym.

Persons: Max Chapnick, Louisa May Alcott, Gould, Charles Dickens, Flora, Alcott's, “, she’s, she’s hustling, ” Chapnick, ” Alcott, ”, — Meg, Jo, Beth, Amy —, Greta Gerwig, Chapnick, Alcott, Gould —, I’m, Gregory Eiselein, I’ve, Louisa Alcott, ” Eiselein, Anne Phillips, “ Alcott, ” There’s, Leona Rostenberg, Madeleine Stern, Barnard, didn’t, We’re, ” Elizabeth Pope, “ We’re Organizations: “, Northeastern University, American Antiquarian Society, “ Little, Boston Public Library, Louisa May Alcott Society, Kansas State University, Kansas State, American Locations: WORCESTER, Massachusetts, Concord , Massachusetts, Flora Fairfield, Worcester, Olive

DAVOS, Switzerland (AP) — Israel's president and the head of ChatGPT company OpenAI will make appearances at the World Economic Forum on Thursday, the third day of the annual gathering of elites at the Swiss resort of Davos that discusses everything from conflict to computers and climate. Israeli President Isaac Herzog could seek to return focus on the plight of Israeli hostages held by Hamas since its deadly Oct. 7 raid into Israel. Much of the world's attention has been on rising casualty counts in Gaza as Israeli forces lead a blistering military campaign aimed to quash the armed militants. “Artificial intelligence is now undoubtedly the most important potential contribution for global development," U.N. Secretary-General António Guterres told reporters in Davos on Wednesday, a day when leaders like French President Emmanuel Macron and President Javier Milei of Argentina also showed up. On Wednesday, Iran's foreign minister defended his country's strike on what he claimed was an Israeli intelligence operations site in the autonomous Kurdish region.

Persons: —, OpenAI, Isaac Herzog, António Guterres, Emmanuel Macron, Javier Milei, Sam Altman, Mohammed Shia, Kamala Harris, Doug Emhoff, Masha Macpherson Organizations: Hamas Locations: DAVOS, Switzerland, Swiss, Davos, Israel, Gaza, Argentina, Iraqi, Israeli, Kurdish

Johnson is peddling the stop-gap spending measure by emphasizing how the package buys time for Congress to complete its 12 appropriations bills. The Best Political Cartoons on Congress View All 127 Images“Everyone understands the reality of where we are,” Johnson said at a press conference Wednesday morning. Johnson cut a deal with Schumer to back a top-line funding total key to preventing a government shutdown. “A small group of hard-right extremists seem dead set on making a shutdown a reality,” Schumer said Tuesday. “House and Senate negotiators worked hard to reach an agreement on top-line funding levels for the current fiscal year.

Persons: Mike Johnson’s, Johnson, Chuck Schumer –, ” Johnson, “ We’re, –, Schumer, tanking, ” Schumer, ”, Mitch McConnell bristled, “, McConnell, it’s, Bill Johnson of, Hakeem Jeffries, Joe Biden, Biden, We’re Organizations: House Republicans, Democratic, GOP, Caucus, Tax, Republican, Freedom Caucus, Senate, White Locations: Bill Johnson of Ohio, Ukraine, Israel, Taiwan, Mexico

☆ Wall Street's rocky start
▼ + stars: | 2024-01-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn today's big story, we're looking at how there are still plenty of risks in the market despite big expectations. What's on deck:Chip Somodevilla/Getty ImagesOne of the best indicators of the year ahead comes from banks' Q4 earnings. BI's finance team has a roundup of the biggest Wall Street firms' earnings reports and what it means for their hiring plans.

Persons: Donald Trump, Vivek Ramaswamy, —, Chip Somodevilla, BI's Michelle Abrego, Rebecca Ungarino, Kevin O'Leary, Mark Davis, Goldman, Sharmin, Rahmani, Morgan, Steve Cohen, Sundar Pichai, Boris Streubel, Rebecca Zisser, Apple, Mike Katz Organizations: Republican, GOP, Service, Citi, JPMorgan, BlackRock, Staff, Getty, Goldman Sachs Wealth, New York Mets, Google, Hertz, Business, Bloomberg Locations: Iowa, Google's Berlin, San Diego, Austin

☆ Coinbase threatened by bitcoin ETFs after almost 400% surge in stock last year
▼ + stars: | 2024-01-10 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

"We estimate Bitcoin custody and surveillance revenue will more than offset decline in Bitcoin trading volume as assets migrate to ETFs," the analysts said. "Spot bitcoin ETFs appear poised to take volume away from crypto exchanges," said Bryan Armour, director of passive strategies research for North America at Morningstar. watch nowMizuho sees the income from custody fees as fairly modest given how far investors have pushed up the stock. "They are essential infrastructure in terms of custody, trading, and surveillance for the majority of the ETF proposals," Carter said. WATCH: Former SEC Chair Jay Clayton on changes in bitcoin trading

Persons: Brian Armstrong, Michael Nagle, Coinbase, Franklin Templeton, they'll, Bernstein, bitcoin, Emilie Choi, —, Mizuho, Bryan Armour, Choi, we've, Nic Carter, Carter, Jay Clayton Organizations: Coinbase Global Inc, Bloomberg, Getty, SEC, Coinbase, BlackRock, JPMorgan, Mizuho, FactSet, Circle's U.S, CNBC, North America, Morningstar, Fidelity, Castle, Ventures Locations: New York, BlackRock, Coinbase, bitcoin

☆ The state of the US housing market in 5 charts
▼ + stars: | 2024-01-05 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Read previewThe US housing market is facing historic unaffordability and it's kept countless Americans sidelined or forced to face hefty monthly home payments. This lock-in effect has created a tale of two markets: those who have been crushed by high mortgage rates and those who have mostly gotten by unaffected. Many Americans secured lower mortgage rates during the pandemic. AdvertisementBut in 2023, that dearth of supply for existing homes was a boon for homebuilders — and Wall Street took notice. William BlairFreddie Mac Multi-family Home Serious Delinquency Rate William Blair, Freddie MacUltimately, in 2024 William Blair forecasts supply to improve, mortgage rates to fall, and existing homeowners to return to the market out of necessity.

Persons: —, it's, William Blair, Richard de Chazal, homebuilders, William Blair's, de Chazal, William Blair Freddie Mac, Freddie Mac Organizations: Service, Industry, Business, National Association of Realtors, Federal, Wall, Bloomberg

☆ The top 6 people in artificial-intelligence edtech
▼ + stars: | 2024-01-03 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +1 min

Insider has compiled a list of 100 people at the forefront of artificial intelligence . See who made the list for education, and read about how they're making an impact. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advances in education tech aided by AI have investors abuzz and could change the landscape of learning as we know it. Here are our picks for edtech.

Persons: — Organizations: Service, edtech

☆ CNBC Daily Open: Winners and losers of 2023
▼ + stars: | 2024-01-02 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nasdaq reboundThe Nasdaq Composite popped 43% in 2023, its best year since 2020. Bullish on bitcoinBitcoin rallied about 152% in 2023 despite high-profile criminal cases against cryptocurrency exchanges FTX and Binance.

Persons: Germany's DAX, bitcoin Bitcoin, Bitcoin, Sarah Min Organizations: New York Stock Exchange, CNBC, Nasdaq, U.S . Federal, U.S . Price, Companies, Federal Reserve Locations: New York City, U.S

☆ CNBC Daily Open: 2023’s winners and losers
▼ + stars: | 2024-01-02 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

NEW YORK, NEW YORK - DECEMBER 29: Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. The Dow was up slightly in morning trading in what has been a strong year for the stock market despite many economists predictions that the American economy would experience a recession. (Photo by Spencer Platt/Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Interest in alternative assets — which include anything outside public market assets like stocks, bonds, commodities and cash — looks to be growing.

Persons: Dow, Spencer Platt, Australia's, Bullish, bitcoin Bitcoin, Bitcoin, BYD, Tesla BYD, Tesla Organizations: NEW, New York Stock Exchange, Getty, CNBC, Pinebridge Investments, International Monetary Fund, Tesla, U.S . Securities, Exchange Commission, Elon Musk's EV Locations: New York City, Asia, Pacific, Shanghai, China, India, U.S

☆ Tech stocks dominated 2023 investing. Here's where the sector finds growth in 2024
▼ + stars: | 2023-12-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +11 min

After 2023's blowout run, it's hard to recall the once gloomy investing setup for technology stocks last December. As the calendar year turns, don't expect technology stocks to match 2023's blowout gains, but the year's performance is no fluke. AI stocks may dominate tech-focused investing, but don't sleep on the other emerging themes. GOOGL YTD mountain Alphabet shares in 2023 Both companies have rolled out new initiatives in the months since. Arm Holdings made headlines this year as one of the first major companies to go public , reviving the IPO market after a roughly two-year drought.

Persons: behemoths, Jay Woods, Mark Zuckerberg, didn't, chipmakers, David Waddell, Everybody's, Copilot, Paul Meeks, Gene Munster, Alphabet's, Meeks, Morgan Stanley, Andrew Slimmon, They're, Slimmon, CNBC's, Wall, Nvidia's, He's, Mahoney, Ken Mahoney, it's, Brent Fredberg, Munster's, Management's Albert Tsuei, Tsuei, William Blair's Jonathan Vo, Keith Weiss Organizations: Federal Reserve, Treasury, Freedom, Microsoft, Waddell & Associates, Oracle, Arista Networks, Morgan, Morgan Stanley Investment, Meta, Nvidia, Devices, Dell, Hewlett Packard Enterprises, Broadcom, Holdings, Micron Technology, Brandes Investment Partners, Micron, Samsung, Taiwan Semiconductor Manufacturing, MGM Resorts, Johnson, Okta, UBS, Management's, Palo Alto Networks, Palo Alto Locations: British, Clorox

☆ Climate tech in 2023: More grants, experienced founders, and new laws help sector to standout year
▼ + stars: | 2023-12-29 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +6 min

While much of Europe's startup ecosystem has been hobbled by the rocky macroeconomic environment and soaring interest rates, climate tech has continued to lure funds from venture capitalists. Many climate tech companies work with hardware, meaning debt financing is also an attractive non-dilutive option for working capital between funding rounds. Global private market equity and grant funding for climate tech startups is actually down – it slid 40% to $65 billion in the 12 months ending September 30, according to PwC. Some smaller climate tech companies have made cuts, including vertical farming company InFarm, which retreated from Europe and was declared bankrupt in the Netherlands. Generally, however, layoffs have been a boon for climate as big tech talent has moved into or launched climate tech startups.

Persons: —, Siobhan Brewster, Atomico, Brewster, Piotr Bukanski, Mike Schroepfer, Greg Sandoval, retrofits, Barcelona's, Balderton Capital's Magda Lukaszewicz, Stuart Ferguson, Schroepfer, Warner, Aenu's Brewster Organizations: Service, Business, Venture, Energy, Beringea, Gigascale, Sustainable Ventures, Silicon Valley Bank, Global, Ada Ventures Locations: London, Europe's, Ukraine, United States, Europe, Silicon, Netherlands

☆ CNBC Daily Open: Inflation goal in view
▼ + stars: | 2023-12-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Brown | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The personal consumption expenditures price index measures how much consumers spend on goods and services. By contrast, the consumer price index tracks the price of goods and services — not actual consumer behavior. For the week, the S&P was up 0.8%, the Dow 0.2% and the Nasdaq 1.2%.

Persons: Frederic J, Brown, That's, Andrew Hunter, Russell, bode, Greg Bassuk, —, Jeff Cox Organizations: HK, AFP, Getty, CNBC, Capital Economics, CPI, Nasdaq, Dow Jones, Nike, Dow, AXS Investments Locations: Rosemead , California

☆ CNBC Daily Open: Inflation mission accomplished?
▼ + stars: | 2023-12-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Justin Sullivan | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The personal consumption expenditures price index measures how much consumers spend on goods and services. By contrast, the consumer price index tracks the price of goods and services — not actual consumer behavior. For the week, the S&P was up 0.8%, the Dow 0.2% and the Nasdaq 1.2%.

Persons: Justin Sullivan, That's, Andrew Hunter, Russell, bode, Greg Bassuk, —, Jeff Cox Organizations: HK, Getty, CNBC, Capital Economics, CPI, Nasdaq, Dow Jones, Nike, Dow, AXS Investments Locations: San Anselmo , California

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