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☆ Jordan Spieth replaces Rory McIlroy on PGA Tour board
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] Golf - The 2023 Ryder Cup - Marco Simone Golf & Country Club, Rome, Italy - September 30, 2023 Team USA's Jordan Spieth reacts after a missed putt on the 1st green during the Foursomes REUTERS/Phil Noble/ File photo Acquire Licensing RightsNovember 20 - Jordan Spieth will serve the remainder of Rory McIlroy's term as a player director the PGA Tour's policy board. Commissioner Jay Monahan announced the change to tour members on Monday. "With Rory McIlroy resigning from the PGA Tour Policy Board last week, per the PGA Tour Tournament Regulations, the five remaining Player Directors have elected Jordan Spieth to serve the remainder of Rory's term which expires at the end of 2024," Monahan wrote to members, according to an email obtained by Golf Channel. He also acknowledged that the agreement between the PGA Tour and DP World Tour with Saudi Arabia's Public Investment Fund (PIF), which backs LIV Golf, over future cooperation affected his role on the board. Spieth, 30, is a 13-time winner on the PGA Tour with major victories at the Masters (2015), U.S. Open (2015) and The Open Championship (2017).

Persons: Ryder, Marco Simone Golf, USA's Jordan Spieth, Phil Noble, Jordan Spieth, Rory McIlroy's, Jay Monahan, Tiger Woods, Patrick Cantlay, Charley Hoffman, Peter Malnati, Webb Simpson, Rory McIlroy, Monahan, Jordan, McIlroy, LIV Golf Organizations: Country Club, REUTERS, PGA Tour, Golf, PGA, Saudi Arabia's Public Investment Fund, Thomson Locations: Rome, Italy, U.S

☆ U.S. political violence driven by new breed of ‘grab-bag’ extremists
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +25 min

The incidents involve violence emanating from across the political spectrum, including dozens of cases of substantial property damage by leftists at political demonstrations. Steven Cheung, a spokesman for Trump, didn’t respond to questions from Reuters about the former president’s remarks and the impact of his rhetoric. But those who study extremism say psychiatric problems alone rarely induce political violence. “How could I take care of a brother in arms if I couldn’t even take care of myself?” Aldrich told the court. In the summer of 2022, Aldrich told the group he wanted to build a website to “promote freedom of speech,” Arroyo said.

Persons: Anderson Lee Aldrich, ” Gilbert Arroyo, Aldrich, Arroyo, ” Arroyo, “, ” Aldrich, Ted Kaczynski, ”, Brian Hughes, Donald Trump, Michael Jensen, Trump, Mark Milley, Steven Cheung, Milley, Rory Banks, Banks, Jacob Ware, Jensen, Stephanie Clark, Ashley Paugh, Barack Obama wasn’t, Republican Sen, Ted Cruz, John F, Kennedy, Matt Kriner, Troy Burke, Elwell, Burke, Jessica, Joe Biden, Sarah Huyser, John D, Cohen, Nathan Allen, Allen, Terence Delehanty, Audrey Mazzola, Allen texted Mazzola, Mazzola, Ramona Cooper, David Green, Green, “ Saint Nathan Allen, Aaron Brink, Brink, Aldrich’s, Laura Voepel, Carrie Thompson, Voepel, John Redgrave, Discord’s, ” Redgrave, “ Andy, ” Luke Simpson, Jonathan, Pamela Pullen, didn’t, Nick Brooks, Brooks, Pepe, Blacks, Simpson, ” Simpson, Michael Bowman, Joseph Archambault, Aldrich texted, Ned Parker, Peter Eisler, Joseph Tanfani, John Emerson, Paulo Prada Organizations: Reuters, Q, American University, Washington , D.C, ” Reuters, U.S, Capitol, Jan, Trump, University of Maryland’s, U.S . Joint Chiefs of Staff, ., Council, Foreign Relations, Republican, Middlebury College’s Center, Terrorism, Counterterrorism, Public Religion Research Institute, REUTERS, Central Intelligence Agency, U.S . Constitution, Department of Homeland Security, Facebook, ” Winthrop Police, Smith, Wesson, Air Force, SWAT, Prosecutors Locations: Colorado, Colorado Springs, Washington ,, United States, Nevada, Wheaton , California, Washington, Maryland, Vietnam, Mexico, mainstreaming, Monterey , California, Michigan, Gratiot County, U.S ., Winthrop , Massachusetts, California, Texas, San Diego, Ohio, Illinois, Australia, Florida, Buffalo , New York

The revamped Congressional District 2, which was designed to boost the voting power of Black residents, has a voting-age population that is 48.7% Black, giving the district a decidedly Democratic tilt. State Republicans, however, say they are not ceding the seat without a fight. A federal judge ordered Georgia to draw an additional Black-majority congressional district, although the state plans to appeal. The Alabama district is an open seat in the 2024 election after the current representative, Republican Rep. Barry Moore, was drawn out of the district. Moore has decided to challenge Republican Rep. Jerry Carl in Congressional District 1.

Persons: —, Zac McCrary, Viet Shelton, Shelton, John Wahl, Wahl, ” Wahl, Barry Moore, Moore, Jerry Carl, Marine James Averhart, Napoleon Bracy, Jr, Sen, Merika Coleman, Anthony Daniels, Vivian, Brian Gary, Juandalynn, Jeremy Gray, Phyllis Harvey, Willie J, Lenard, Vimal Patel, Larry Darnell Simpson, Darryl Sinkfield, Greg Albritton, Dick Brewbaker, Caroleene Dobson, Karla M, Wallace Gilberry, Hampton Harris, Stacey T, Belinda Thomas Organizations: Democratic, Republican, Representatives, Republicans, Alabama, U.S . House, Congressional, Democratic Congressional, Committee, Democrats, Associated Press, State Republicans, Alabama Republican, Democratic Party, Republican Rep, Marine, Hall, Alabama Education Association, NFL, University of Alabama, Newton City Locations: Ala, Alabama, Georgia , Louisiana, Viet, ”, Florida, Georgia, Prichard, Pleasant Grove, Huntsville, Birmingham, Opelika, Newton

Milroe has 644 yards of offense and 10 touchdowns in that span, including six scores in Saturday’s 49-21 rout of Kentucky. “I think experience is the best teacher,” said Milroe, who has started the past seven contests for the Crimson Tide (9-1, 7-0 Southeastern Conference, No. Texas converted his two interceptions into 10 points and he subsequently watched the Tide scrape past South Florida 17-3 from the sideline. Political Cartoons View All 1240 ImagesMilroe returned to beat Mississippi and has directed six more victories featuring 21 TDs, including 11 passing. The same can be said for the early-season doubts about Milroe and Alabama.

Persons: —, Jalen Milroe, Milroe, Tua Tagovailoa, Bryce Young, “, ”, Ty Simpson, “ You’ve, Tyler Booker, he’s, We’ve, Roydell Williams, Williams, “ Jalen, Nick Saban, Amari, ” Milroe Organizations: Texas, Crimson Tide, Southeastern, Division, Longhorns, Mississippi, LSU, SEC, Tide, Kentucky, Georgia, Middle, Chattanooga, Auburn, AP Locations: LEXINGTON, Ky, Alabama, Kentucky, Texas, South Florida, ” Alabama, Milroe, Atlanta, Middle Tennessee

☆ Capital Wealth's Simpson: Don't see Fed cutting rates until 2025
▼ + stars: | 2023-11-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCapital Wealth's Simpson: Don't see Fed cutting rates until 2025Kevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to discuss Simpson's expectations for the Federal Reserve's actions in 2024, how to manage a portfolio given his thoughts on the Fed and much more.

Persons: Wealth's Simpson, Kevin Simpson Organizations: Wealth Planning

☆ S&P 500 futures slip Thursday night after higher bond yields spur sell-off: Live updates
▼ + stars: | 2023-11-09 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

S&P 500 futures ticked lower Thursday night after the broad-market index ended an eight-day run of gains. S&P 500 futures slipped by 0.1%, while Nasdaq 100 futures slid 0.2%. "The Fed's not cutting rates … We've got to prepare for a market that's going to have higher rates until the beginning of 2025," Simpson said. As the week winds down, the S&P 500 and the Dow are poised for modest losses of 0.3% and 0.5%, respectively. Wall Street will also be listening closely toward several remarks from central bank officials, which include San Francisco Fed President Mary Daly, Atlanta Fed President Raphael Bostic and Dallas Fed President Lorie Logan.

Persons: —, Dow, Stocks, Jerome Powell, Kevin Simpson, he's, We've, Simpson, Mary Daly, Raphael Bostic, Lorie Logan Organizations: New York Stock Exchange, Nasdaq, Dow Jones, Wynn Resorts, Federal, International Monetary Fund, Treasury, Wealth Planning, San Francisco Fed, Atlanta Fed, Dallas Fed Locations: Boston, San

☆ Dollar rises for third day before Fed Chair Powell speech
▼ + stars: | 2023-11-08 | by ( Samuel Indyk | ) www.reuters.com time to read: +4 min

"The data side has been very quiet so the main drivers have been the hawkish comments from Fed speakers," said ING FX strategist Francesco Pesole. Focus now turns to remarks from Fed Chair Powell later on Wednesday. DARKENING GROWTH OUTLOOKThe euro fell 0.3% to $1.0670, further weighed by a darkening growth outlook in the euro zone. "The mixed outlook for consumer and investment spending leaves the euro zone very close to recession," said Wells Fargo economist Nick Bennenbroek. "Regardless of whether the euro zone falls into recession, we see enough growth headwinds to suggest that the European Central Bank's monetary tightening is done."

Persons: Dado Ruvic, Jerome Powell, Francesco Pesole, They've, Powell, Matt Simpson, Wells, Nick Bennenbroek, ING's Pesole, Luci Ellis, Samuel Indyk, Rae Wee, Lincoln, Christina Fincher, Alex Richardson Organizations: REUTERS, Reserve, U.S, ING, Central, Reserve Bank of Australia, Thomson

☆ Who Are the Moderators for Wednesday’s Republican Debate?
▼ + stars: | 2023-11-08 | by ( Michael M. Grynbaum | More About Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Three experienced moderators will lead Wednesday’s meeting in Miami of the remaining Republican presidential candidates, although former President Donald J. Trump will again be absent. Lester Holt and Kristen Welker, two lead anchors at NBC News, which is overseeing the debate’s production and editorial process, will serve alongside Hugh Hewitt, a conservative radio host who works for a co-sponsor of the debate, Salem Media Group. Mr. Holt, the anchor of “NBC Nightly News,” was the sole moderator of Mr. Trump’s first general-election debate with Hillary Clinton, in September 2016. Mr. Holt took a minimalist approach that evening, sometimes allowing the candidates to argue between themselves, although his lack of interruption granted viewers an unfiltered view of the candidates’ rhetorical styles. Ms. Welker, the host of “Meet the Press,” was the sole moderator of Mr. Trump’s final debate against Joseph R. Biden Jr., in October 2020.

Persons: Donald J, Trump, Lester Holt, Kristen Welker, Hugh Hewitt, Holt, ”, Trump’s, Hillary Clinton, Welker, Joseph R, Biden, Carole Simpson Organizations: NBC News, Salem Media Group, Mr, NBC Nightly, “, Press Locations: Miami

☆ Republican US House Speaker Johnson nears choice on avoiding gov't shutdown
▼ + stars: | 2023-11-08 | by ( David Morgan | ) www.reuters.com time to read: +3 min

[1/2] Newly elected Speaker of the House Mike Johnson (R-LA) addresses the U.S. House of Representatives after he was elected to be the new Speaker at the U.S. Capitol in Washington, U.S., October 25, 2023. Despite signs of some bipartisan talks between the chambers, Johnson has been focused on finding a solution that his 221-212 House Republican majority can accept. The choice will test Johnson's effectiveness as the top Republican in Congress, just two weeks after he was chosen following nearly a month of Republican infighting. Johnson, 51, a relative novice in leadership politics with few political enemies, continues to enjoy goodwill within the fractious House Republican caucus. "The four corners are talking," said Schumer, using a term that refers to Johnson, Senate Republican leader Mitch McConnell, House Democratic leader Hakeem Jeffries and himself.

Persons: Mike Johnson, Elizabeth Frantz, Johnson, David Joyce, Andy Harris, you've, Mike Simpson, Kevin McCarthy, Harris, Chuck Schumer, Schumer, Mitch McConnell, Hakeem Jeffries, David Morgan, Scott Malone, David Gregorio Our Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, Republican, Democratic, Senate, Committee, Republicans, Louisiana Republican, House Democratic, New York Democrat, Thomson Locations: Washington , U.S, Louisiana

☆ Dollar licks its wounds ahead of Fed Chair Powell's remarks
▼ + stars: | 2023-11-08 | by ( ) www.cnbc.com time to read: +3 min

The British pound , which earlier in the week hit a seven-week top against the dollar, was last some distance away at $1.2286. Focus now turns to a speech by Fed Chair Powell later on Wednesday. The euro fell 0.07% to $1.0691, further weighed by a darkening growth outlook in the euro zone. "The mixed outlook for consumer and investment spending leaves the euro zone very close to recession," said Wells Fargo economist Nick Bennenbroek. "Regardless of whether the euro zone falls into recession, we see enough growth headwinds to suggest that the European Central Bank's monetary tightening is done."

Persons: Jerome Powell, Matt Simpson, We're, Powell, Simpson, Wells, Nick Bennenbroek, Luci Ellis Organizations: Federal Reserve, U.S, U.S ., Central, Australian, Reserve Bank of Australia, New Zealand

☆ Is Homer Simpson a Good Dad Now?
▼ + stars: | 2023-11-07 | by ( Sopan Deb | More About Sopan Deb | ) www.nytimes.com time to read: 1 min

Homer Simpson may be maturing, or so he says. In the third episode of the current season, the show’s 35th, titled “McMansion & Wife,” Homer meets a neighbor who compliments the grip on his handshake. Strangling the boy has paid off,” Homer says to his wife in the episode, which aired on Oct. 22. Times have changed.”It was not clear whether this signaled a lasting shift in the show, which was renewed for a 36th season this year. A spokesman for Fox, the network that has long aired “The Simpsons,” declined to comment.

Persons: Homer Simpson, Dan Castellaneta, Bart, ” Homer, Marge, “, ” Organizations: Times, Fox

☆ What Fuels the ‘Manic Creativity’ of Joan Baez
▼ + stars: | 2023-11-04 | by ( Kathryn Shattuck | ) www.nytimes.com time to read: +2 min

2Drawing Upside DownUpside down is far more interesting to me than right side up. Things otherwise not available to my conscious mind become obvious when I turn the drawing right side up and see what it’s telling me. 3A Certain TreeI sleep in my big oak tree most nights in the summer. The tree is named Frank. I like to put Leonard Cohen on Spotify and see which of my friends and colleagues show up in Spotify’s interpretations.

Persons: Doodling, Frank, It’s, Jussi Bjorling, Joan Sutherland, Kathleen Ferrier, Glenn Gould, Maurizio Pollini, Jascha Heifetz, Lauren Duski, Sturgill Simpson, Willie Nelson, Johnny Cash, Leonard Cohen, Andrea Bocelli Organizations: Gipsy Kings, Spotify Locations: Swedish

☆ Gold set for first weekly drop in four, U.S. jobs data in focus
▼ + stars: | 2023-11-03 | by ( ) www.cnbc.com time to read: +1 min

Gold was headed for its first weekly loss in nearly a month on Friday as the safe-haven rally cooled, while traders largely kept to the sidelines ahead of the U.S. non-farm payrolls data due later in the day. "Gold prices have slipped back due to a reduction in the geopolitical risk premium as the markets get used to the idea of a long slog between Israel and Hamas," said Michael Hewson, chief market analyst at CMC Markets. "Money is coming out of gold and the U.S. dollar and moving back into risky assets." Investors focus now shifts to U.S. non-farm payrolls data, due at 1230 GMT, which is expected to show that employers added 180,000 jobs last month. The jobs report needs to deliver some surprisingly weak figures to weigh further on Treasury yields and push gold prices above the $2,000-per-ounce mark, City Index senior analyst Matt Simpson said.

Persons: Gold, Michael Hewson, Stocks, Matt Simpson Organizations: U.S ., Hamas, CMC Markets, Federal Reserve, Index Locations: Moscow, Russia, Israel

Elite law firms send a messageWith universities across the United States grappling with a rise in antisemitism since the start of the Israel-Hamas war, elite law firms are putting schools on notice. In a letter to some of the nation’s top law schools obtained by DealBook, about two dozen major Wall Street firms warned that what happens on campus could have corporate consequences. The letter follows a series of recent antisemitic episodes at universities. Kathy Hochul of New York sought this week to reassure Jewish students at Cornell after online posts threatening violence against them. Students at other schools have said they feel increasingly unsafe amid rallies and other acts that, in some instances, have become violent.

Persons: Moore Debevoise, Plimpton Kirkland, Ellis Paul, Weiss, Garrison Simpson Thacher, Bartlett Skadden Wachtell, Lipton, Davis Polk, Israel, Kathy Hochul Organizations: DealBook, Rosen, Katz, Wardwell, Gov, New York, Cornell Locations: United States, Israel, Rifkind, Wharton, New

☆ ‘Pal Joey’ Review: Bewitched, Bothered and Bewildering
▼ + stars: | 2023-11-02 | by ( Jesse Green | More About Jesse Green | ) www.nytimes.com time to read: +2 min

It’s not often that the standout star of a show is its music supervisor, arranger or orchestrator, but in the gala presentation of “Pal Joey” at New York City Center through Sunday, all three are one man, Daryl Waters. That the rest of the revival (really a new creature, made from spare parts) is more suggestive than convincing is no crime; there has never been a satisfactory “Pal Joey.” Though the 1940 original featured some soon-to-be standards by Rodgers and Hart — “Bewitched, Bothered and Bewildered” chief among them — its book by John O’Hara, based on his epistolary novel and New Yorker stories, didn’t match them in tone or dramatic serviceability. Back then, the problem was thought to be the nature of Joey himself, a greasy heel trying to scheme his way from itinerant crooner to supper club smoothie. Along the way he picked up and discarded an innocent named Linda English, traded sex for financial support with a socialite named Vera Simpson and generally ruined everything he touched with his grifty hands. The problem faced by the various would-be saviors of “Pal Joey” — there were Broadway revivals in 1952, 1963, 1976 and 2008 — is rather what new throughline to impose and how to make the best use of its songs.

Persons: It’s, “ Pal Joey ”, Daryl Waters, Waters, ’, ”, Pal Joey, Rodgers, Hart —, John O’Hara, Joey himself, Linda English, Vera Simpson, Brooks Atkinson, J, Pierrepont Finch, Sweeney Todd, Evan Hansen, “ Pal Joey ” — Organizations: New York City Center, “, New York Times Locations: New, ’ Da, York , New York

☆ Instant View: BOJ modifies bond yield control, re-defines long-term rate cap
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +10 min

But it's also likely the BOJ have their finger on the intervention button to cap any runaway rally on USD/JPY." Nevertheless, this is working in a way to increase the volatility of the global rates market. This means it will still have a certain distance until the BOJ exit from the negative rate policy." "A yield cap isn't a yield cap if you change it every time the market gets close." The Bank of Japan could lift the negative policy rate to zero over the coming year.

Persons: Kim Kyung, KYLE RODDA, MATT SIMPSON, JPY, it's, NOMURA, They've, TONY SYCAMORE, normalisation, TAKAYUKI MIYAJIMA, ROB CARNELL, they're, JEFF NG, TOM NASH, OMORI, SHOTARO KUGO, me, IZURU KATO, MARCEL THIELIANT, today's, FREDERIC NEUMANN, CHRISTOPHER WONG, BOJ's, Sherry Jacob, Phillips Organizations: National Printing Bureau, Bank of Japan, REUTERS, Bank of, Nikkei, SAXO, SONY, ING, UBS, CHIEF, DAIWA, OF, HSBC, Global, Thomson Locations: Tokyo, Japan, Bank of Japan, MELBOURNE, BRISBANE, SINGAPORE, TOKYO, U.S, SYDNEY, ASIA, PACIFIC, CHIEF JAPAN, stagflation, OF ASIA, YCC, HONG KONG

☆ Caterpillar stock falls after lighter Q4 revenue outlook. What the pros say to do next
▼ + stars: | 2023-10-31 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaterpillar stock falls after lighter Q4 revenue outlook. What the pros say to do nextJim Cramer, Kevin Simpson of Capital Wealth Planning and Stephanie Link of Hightower Advisors discussed Caterpillar after the company reported third-quarter results that beat expectations but forecasted 'slightly higher' revenue for the fourth quarter.

Persons: Jim Cramer, Kevin Simpson, Stephanie Link, Hightower Organizations: Caterpillar, Capital Wealth, Hightower Advisors

☆ I'm not scared by the numbers I'm seeing for Caterpillar, says Capital Wealth's Kevin Simpson
▼ + stars: | 2023-10-31 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm not scared by the numbers I'm seeing for Caterpillar, says Capital Wealth's Kevin SimpsonKevin Simpson, Capital Wealth Planning founder and CIO, joins 'Halftime Report' to discuss Caterpillar's stock performance, its outlook heading into 2024, and more.

Persons: Kevin Simpson Kevin Simpson Organizations: Caterpillar, Wealth Planning

☆ Gold holds above $2,000 mark on safe-haven demand; Fed meet in focus
▼ + stars: | 2023-10-30 | by ( ) www.cnbc.com time to read: +2 min

Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer Pro Aurum. Gold prices held steady near the key $2,000 level on Monday, buoyed by safe-haven demand from an escalating Middle East conflict, as investors awaited the outcome from the U.S. Federal Reserve's policy meeting this week. While the Fed is widely expected to keep interest rates unchanged, the focus will be on Chair Jerome Powell's commentary. "That should keep a floor under gold prices, which look quite comfortable above $2,000 at the start of the week." Although gold is seen as a hedge against inflation, higher interest rates dull non-yielding bullion's appeal.

Persons: Khan Younis, Jerome Powell's, Matt Simpson Organizations: Aurum, U.S, Palestinian, Index, Commerce Department, Reuters Locations: U.S . Federal, Gaza, Al, Quds, Khan, Israel, U.S

☆ Amazon 'probably' saved the Nasdaq from a bigger plunge, says Gilman Hill's Jenny Harrington
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon 'probably' saved the Nasdaq from a bigger plunge, says Gilman Hill's Jenny HarringtonBryn Talkington, Steve Weiss, Jenny Harrington, and Kevin Simpson join 'Halftime Report' to discuss Amazon as its shares surged following its earnings beat, what this means for the market going forward, and m

Persons: Gilman, Jenny Harrington Bryn Talkington, Steve Weiss, Jenny Harrington, Kevin Simpson Organizations: Nasdaq

☆ Watch CNBC's full interview with Bryn Talkington, Steve Weiss, Jenny Harrington, and Kevin Simpson
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Bryn Talkington, Steve Weiss, Jenny Harrington, and Kevin SimpsonBryn Talkington, Steve Weiss, Jenny Harrington, and Kevin Simpson join 'Halftime Report' to discuss Amazon as its shares surged following its earnings beat, what this means for the market going forward, and more.

Persons: Bryn Talkington, Steve Weiss, Jenny Harrington, Kevin Simpson Bryn Talkington, Kevin Simpson

☆ The odds for Apple favor a decline, says Short Hills Capital's Steve Weiss
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe odds for Apple favor a decline, says Short Hills Capital's Steve WeissBryn Talkington, Steve Weiss, Jenny Harrington, and Kevin Simpson join 'Halftime Report' to discuss Amazon as its shares surged following its earnings beat, what this means for the market going forward, and more.

Persons: Steve Weiss Bryn Talkington, Steve Weiss, Jenny Harrington, Kevin Simpson Organizations: Apple

☆ Gold firms as U.S. bond yields slip, Middle East stays in focus
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: +2 min

Gold bars and gold coins in different sizes are lying in a safe on a table at the precious metal dealer Pro Aurum. "Gold had a great run, having rallied over 10% in ten days towards that key resistance level at $2,000. But with the Middle East conflict looking like it might not escalate immediately, gold may struggle to break $2,000. The dollar index eased while benchmark U.S. 10-year Treasury yields inched lower as investors bought into a recent sell-off. Spot silver was steady at $22.91 per ounce, platinum steadied at $884.63 and palladium advanced 0.5% to $1,124.80.

Persons: we've, Matt Simpson, Jerome Organizations: Aurum, Treasury, Russia, Hamas, City Index's, U.S Locations: Israel, U.S, Gaza, Palestinian

☆ Dollar bounces, euro heavy on US/euro zone growth outlook divergence
▼ + stars: | 2023-10-25 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

[1/2] U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. Against the dollar, the euro was last 0.05% higher at $1.0595, having declined 0.75% on Tuesday. The euro is the most heavily weighted currency in the dollar index, which measures the greenback against a basket of six peers. "By contrast, the U.S. Federal Reserve could continue to raise interest rates just because the economic data looks strong." Pressure is mounting on the Bank of Japan to change its bond yield control as global interest rates rise.

Persons: Dado Ruvic, Tina Teng, Matt Simpson, Bitcoin, John Glover, Rae Wee, Lincoln Organizations: REUTERS, Rights, Wednesday, European Central Bank, CMC Markets, U.S . Federal Reserve, Bank of Japan, New Zealand, Reserve Bank of Australia's, Thomson Locations: Rights SINGAPORE, Australia, Wednesday .

☆ Dollar bounces, euro heavy on U.S./euro zone growth outlook divergence
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: +3 min

The dollar was on the front foot on Wednesday, drawing support from yet another resilient U.S. economic data reading, while the euro struggled to make headway on the back of a darkening growth outlook in the bloc. Against the dollar, the euro was last 0.05% higher at $1.0595, having declined 0.75% on Tuesday. The euro is the most heavily weighted currency in the dollar index, which measures the greenback against a basket of six peers. "By contrast, the U.S. Federal Reserve could continue to raise interest rates just because the economic data looks strong." Pressure is mounting on the Bank of Japan to change its bond yield control as global interest rates rise.

Persons: Tina Teng, Matt Simpson, Bitcoin, John Glover Organizations: Wednesday, European Central Bank, CMC Markets, U.S . Federal Reserve, Bank of Japan, New Zealand, Reserve Bank of Australia's Locations: Bogota, Australia, Wednesday .

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